SCHEDULE K, PART I, ROW A, BOND ISSUES: |
(F) DESCRIPTION OF PURPOSE: REISSUE/REFUND 100% OF OUTSTANDING BONDS ISSUED 12/29/2010 (THE "SERIES 2010 BONDS"). THE SERIES 2010 BONDS REFUNDED 100% OF OUTSTANDING BONDS ISSUED 8/9/2002 AND 6/19/2004 AND A PORTION OF OUTSTANDING BONDS ISSUED 8/7/2008. |
SCHEDULE K, PART I, ROW B, BOND ISSUES: |
(F) DESCRIPTION OF PURPOSE: REISSUE/REFUND 100% OF OUTSTANDING BONDS ISSUED 10/24/2018 (THE "REISSUED SERIES 2017 BONDS"). THE REISSUED SERIES 2017 BONDS REISSUED/REFUNDED 100% OF OUTSTANDING BONDS ISSUED ON 3/21/2017 (THE "SERIES 2017 BONDS"). THE SERIES 2017 BONDS REFUNDED 100% OF OUTSTANDING BONDS ISSUED 1/19/2006 AND 8/07/2008. |
SCHEDULE K, PART I, ROW C, BOND ISSUES: |
(F) DESCRIPTION OF PURPOSE: REISSUE/REFUND 100% OF OUTSTANDING BONDS ISSUED 10/24/2018 (THE "REISSUED SERIES 2012 BONDS") AND 100% OF OUTSTANDING BONDS ISSUED 10/24/2018 (THE "REISSUED SERIES 2015 BONDS"). THE REISSUED SERIES 2012 BONDS REISSUED/REFUNDED 100% OF OUTSTANDING BONDS ISSUED 7/26/2012. THE REISSUED SERIES 2015 BONDS REISSUED/REFUNDED 100% OF OUTSTANDING BONDS ISSUED 8/13/2015. |
SCHEDULE K, PART III, COLUMN A: |
PART III COLUMN A IS NOT COMPLETED FOR THE PORTION OF THE BONDS WHICH REFUNDED THE PORTION OF THE SERIES 2010 BONDS ALLOCATED TO REFUND THE MICHIGAN HIGHER EDUCATION FACILITIES AUTHORITY VARIABLE RATE DEMAND LIMITED OBLIGATION REVENUE BONDS, SERIES 2002 (DAVENPORT UNIVERSITY PROJECT), DATED AUGUST 29, 2002 (I.E., BONDS ISSUED PRIOR TO JANUARY 1, 2003). |
SCHEDULE K, PART III, COLUMN B, LINE 2: |
THE LEASE AGREEMENTS ARE FOR LAUNDRY MACHINES IN STUDENT HOUSING FACILITIES AND CONSTITUTE INCIDENTAL USE UNDER TREAS. REG. SEC. 1.141-3(D)(5). |
SCHEDULE K, PART III, COLUMNS B AND C, LINE 3A: |
THE MANAGEMENT AGREEMENTS QUALIFY FOR THE SAFE HARBOR UNDER REV. PROC. 97-13. |
SCHEDULE K, PART IV, COLUMN C, LINE 4B |
OLD NATIONAL BANK AND FIFTH THIRD BANK. |
PART IV, COLUMN C, LINE 4C |
10 YEARS FOR THE OLD NATIONAL BANK SWAP AND 4.8 YEARS FOR THE FIFTH THIRD BANK SWAP. |