Nevada System of Higher Education Business, Finance and Facilities Committee Agenda 2026-06-11
NSHE Authorizes $6.9M Note with U.S. Bank for TMCC
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Description
NSHE will issue up to $6.9 million in promissory notes for the TMCC property acquisition, with U.S. Bank National Association serving as paying agent and registrar for the transaction.
Contract Details
Contract Amount
not to exceed $6,900,000
Vendor
U.S. BANK NATIONAL ASSOCIATION
Agency
Nevada System Of Higher Education-System Office, NV
Contract Type
FINANCIAL_SERVICES
Document Date
June 11, 2026
Contract Term
Up to 10 years (bond repayment)
Renewal Date
2036-06-11
Renewal Info
Term aligns with bond repayment, up to 10 years; subject to future Board action for terms finalization.
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