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Bond Closing

To: Students, Faculty and Staff
From: Stephen T. Hulbert, President

Re: Bond Closing

It is with great pleasure that I announce today the sale of bonds that will finance the renovations of the Vernon F. Galliano Hall Cafeteria, portions of the Donald G. Bollinger Memorial Student Union, and the resurfacing of streets and parking lots. After overcoming many delays and hurdles that resulted from Hurricane Katrina, these two extremely important projects will now begin to move forward. Shortly after the finance closing on May 11, design work will resume on the Cafeteria/Student Union renovations, with a completion date of June 2007. Construction on the three new concrete parking lots will begin this month and is scheduled for completion by mid summer. Design for the asphalt work will be accomplished shortly, and work should be finished sometime this fall. Completion of these projects will greatly improve campus facilities for our students.

I thank the campus community, in particular our student body, for their patience as the University completed the financing plan.

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