Project:  Bond proceed provided for the construction of a new student center, athletic complex and field house.

Structure:  $21,670,000 Issue, Series A was structured as a variable rate issue, initially set in a weekly mode. The bonds were issued in $100,000 denominations and supported by a Fleet Bank 5-year letter of credit.

Results:  The initial interest rate set for the Series A issue was 3.00%.

Financing Team:  Banc of America Securities, LLC; The Bank of New York Trust Company, N.A.; Carmody & Torrance LLP; Fleet Bank, N.A.; Hawkins, Delafield & Wood LLP; P.G. Corbin & Company, Inc.; Pullman & Comley, LLC; Shipman & Goodwin LLP.