finance_facilities_committee_meeting_report_may_21.pdf
MSCBA issues $27.3M bonds for SSU BOLD project
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Description
MSCBA authorized to issue $27.3M bonds for SSU BOLD project over 30 years, serviced by $45M investments and $10M cash reserve, avoiding student fee increases.
Contract Details
Contract Amount
$27,300,000
Vendor
MASSACHUSETTS STATE COLLEGE BUILDING AUTHORITY
Agency
Salem State University, MA
Contract Type
Debt
Document Date
May 21, 2025
Contract Term
30 years
Renewal Date
October 2025 – February 2026
Renewal Info
NA
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