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This document is a resolution authorizing the issuance of bonds for the University of Texas System, detailing the terms, conditions, and procedures regarding the bonds, as well as the allocation of
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How to fill out resolution authorizing form issuance
How to fill out RESOLUTION AUTHORIZING THE ISSUANCE, SALE AND DELIVERY OF BOARD OF REGENTS OF THE UNIVERSITY OF TEXAS SYSTEM PERMANENT UNIVERSITY FUND BONDS
01
Title the document as 'Resolution Authorizing the Issuance, Sale and Delivery of Board of Regents of the University of Texas System Permanent University Fund Bonds.'
02
Begin with a preamble that outlines the purpose of the resolution and identifies the parties involved.
03
Specify the amount of bonds to be issued and the purpose for which the funds will be used.
04
Determine and state the rate of interest the bonds will carry and the repayment terms.
05
Include provisions for the sale of the bonds, noting any applicable methods and timelines.
06
Incorporate a statement about the delegation of authority to specific officials for executing documents related to the bonds.
07
Provide for the approval of the bond purchase agreement and any related contracts.
08
Ensure compliance with all applicable laws and regulations regarding bond issuance.
09
Include a section for the signature of the Board of Regents and any other required approvals.
10
Set a date for the resolution to take effect.
Who needs RESOLUTION AUTHORIZING THE ISSUANCE, SALE AND DELIVERY OF BOARD OF REGENTS OF THE UNIVERSITY OF TEXAS SYSTEM PERMANENT UNIVERSITY FUND BONDS?
01
The Board of Regents of the University of Texas System.
02
Financial institutions and investors interested in purchasing the bonds.
03
University administrators managing funding and finances.
04
State regulatory bodies overseeing bond issuances.
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People Also Ask about
How did The University of Texas get 2000000 acres of land in West Texas?
In 1876, the Texas Constitution set aside land in West Texas to support The University of Texas and Texas A&M systems of higher education. Today, that land – encompassing 2.1 million acres – is leased to oil and gas companies whose wells generate revenue that flows into the PUF.
How much is the Texas Permanent University Fund worth?
The Permanent University Fund (PUF) is a public endowment contributing to the support of eligible institutions of The University of Texas and The Texas A&M University Systems.
How much is the Texas PUF worth?
The 'AAA' rating is supported by the PUF's highly diversified investment holdings, which had a market value (MV) of $37.9 billion at Jan. 31, 2025 (unaudited), excluding land value. The PUF lands have been separately valued at about $10.4 billion as of Aug. 31, 2024.
How much money is in the Texas permanent school fund?
Financial Structure As of Aug. 31, 2024, total PSF assets approximated $62.8 billion (unaudited), including those assets held by the General Land Office for the program. The PSF periodically distributes funds in support of school districts within the state (the Available School Fund).
How much is the permanent fund worth?
The value of Alaska's Permanent Fund reached $71.8 billion as of Dec. 31, 2020, and more than $74 billion during the third week of January.
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What is RESOLUTION AUTHORIZING THE ISSUANCE, SALE AND DELIVERY OF BOARD OF REGENTS OF THE UNIVERSITY OF TEXAS SYSTEM PERMANENT UNIVERSITY FUND BONDS?
It is a formal document that authorizes the issuance, sale, and delivery of bonds by the Board of Regents of the University of Texas System, specifically related to the Permanent University Fund, which is used to support the university's educational and infrastructure needs.
Who is required to file RESOLUTION AUTHORIZING THE ISSUANCE, SALE AND DELIVERY OF BOARD OF REGENTS OF THE UNIVERSITY OF TEXAS SYSTEM PERMANENT UNIVERSITY FUND BONDS?
The Board of Regents of the University of Texas System is required to file this resolution as part of the bond issuance process.
How to fill out RESOLUTION AUTHORIZING THE ISSUANCE, SALE AND DELIVERY OF BOARD OF REGENTS OF THE UNIVERSITY OF TEXAS SYSTEM PERMANENT UNIVERSITY FUND BONDS?
To fill out the resolution, one must include details such as the amount of bonds to be issued, the purpose of the funds, the terms and conditions of the sale, and necessary authorizations from Board members. Specific legal language may also be required.
What is the purpose of RESOLUTION AUTHORIZING THE ISSUANCE, SALE AND DELIVERY OF BOARD OF REGENTS OF THE UNIVERSITY OF TEXAS SYSTEM PERMANENT UNIVERSITY FUND BONDS?
The purpose is to secure funding through the sale of bonds to finance various projects and initiatives that support the University of Texas System's educational programs, infrastructure, and capital improvements.
What information must be reported on RESOLUTION AUTHORIZING THE ISSUANCE, SALE AND DELIVERY OF BOARD OF REGENTS OF THE UNIVERSITY OF TEXAS SYSTEM PERMANENT UNIVERSITY FUND BONDS?
The resolution must report information such as the bond amount, interest rates, maturity dates, the projected use of proceeds, and any conditions or terms associated with the bond issuance.
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