Janice K. Brewer

Governor / / Kathy Peckardt
Interim Director
ARIZONA DEPARTMENT OF ADMINISTRATION
OFFICE OF THE DIRECTOR
100 NORTH FIFTEENTH AVENUE · SUITE 401
PHOENIX, ARIZONA 85007
(602) 542-1500

AGENDA

Public Hearing for Consideration by the State Program Representative and the Governor’s Designee, of Application for a Student Loan Bond Program for Qualified Student Loan Bonds by the Midwestern University Foundation.

The loans in the program will be made under a State supplemental loan program and will provide funds only for residents of the State of Arizona attending Midwestern University at either its Glendale, Arizona campus or its Downers Grove, Illinois campus, and for residents of any state attending Midwestern University at its Glendale, Arizona campus.

The Public Hearing will be held:

Wednesday, December 10, 2014

10:00 a.m.

Midwestern University

19555 North 59th Avenue, Glendale, Arizona 85308

University Administration Building

Under A.R.S. §38-431.03(A)(3), the State Program Representative may vote to go into executive session, which will not be open to the public, for the purpose of obtaining legal advice on any item on the agenda.

Persons with a disability may request a reasonable accommodation, such as a sign language interpreter, by contacting (602) 542-2058. Requests should be made as early as possible to allow time to arrange the accommodation.

The agenda for the meeting is as follows:

A.  Call to Order

B.  Applicable Elected Representative Consideration and Approval of the Bonds

o  Internal Revenue Code Section 147(f) Hearing: The bonds will be also issued as qualified student loan bonds under Internal Revenue Code Section 144(b)(1)(B). A public hearing regarding the bonds and approval of the bonds by the applicable elected representative are required under Internal Revenue Code section 147(f) in order for interest on the bonds to be excluded from gross income for federal income tax purpose.

C.  Public Comment

D.  Adjournment