Board Meetings
Past Meetings
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May 19, 2021
MINNESOTA HIGHER EDUCATION FACILITIES AUTHORITY NOTICE OF PUBLIC HEARING ON REVENUE OBLIGATIONS ON BEHALF OF THE TRUSTEES OF THE HAMLINE UNIVERSITY OF MINNESOTA NOTICE IS HEREBY GIVEN that a public hearing will be held by the Minnesota Higher Education Facilities Authority (the “Authority”) with respect to the proposal to issue revenue bonds or other obligations on behalf of the Trustees of the Hamline University of Minnesota, a Minnesota nonprofit corporation (the “University”), as owner and operator of the Hamline University (the “Institution”), an institution of higher education, at the Authority’s offices at 380 Jackson Street, Suite 450, St. Paul, Minnesota, on Wednesday, May 19, 2021, at 2:00 p.m. Under the proposal, the Authority would issue its revenue bonds or other obligations in an aggregate original principal amount of up to $9,725,000 to (i) refund the Authority’s Revenue Note, Series Seven-Y2 (Trustees of Hamline University of Minnesota), dated September 30, 2013, in the original principal amount of $6,210,000, and as reissued on July 1, 2016 (the “Series Seven-Y2 Note”); and (ii) finance renovation of Drew Residence Hall and the conversion of the north campus heating system from high pressure steam to low pressure steam. The Series Seven-Y2 Note was issued to provide funds to be loaned to the University to refund the portion of the Authority’s Variable Rate Demand Revenue Bonds, Series Six E2 (Trustees of the Hamline University of Minnesota), dated June 30, 2005 (the “Series Six E2 Bonds”). The Series Six-E2 Bonds were issued to provide funds to be loaned to the University to finance the renovations, improvements and equipping of the Bush Memorial Library (including plaza repairs and a chiller replacement), the Robbins Science Center, the Drew Fine Arts Center, the Ceramics Studio Building, Sorin Hall and other facilities on the Institution’s main campus and the acquisition of, and renovation, improvement and equipping to, the Institution’s President’s residence and event center. All projects and other facilities described in this notice are all owned and operated by the University and located on its main campus, the principal street address of which is 1536 Hewitt Avenue, St. Paul, Minnesota, except for the University President’s residence and event center which is located at 1027 Summit Avenue, St. Paul, Minnesota. The Authority’s meeting and public hearing on May 19, 2021, will be conducted by telephone or other electronic means in accordance with Minnesota Statutes, Section 13D.021. Members of the public may attend the meeting in person or via telephone by calling toll-free 1 877 978-6969; Access Code 866-830-615#. Some members of the Authority may participate by telephone or other remote means. Written comments may be sent by regular mail to the attention of the Operations Manager at the offices of the Authority, 380 Jackson Street, Suite 450, Saint Paul, Minnesota 55101, or emailed to [email protected] or sent by facsimile to (651) 297-5751. Anyone requiring an accommodation consistent with the Americans with Disabilities Act should contact the Authority at (651) 296-4690 at least 48 hours in advance of the meeting to arrange for any necessary accommodations. For additional information on such public hearing, see the Notice of Public Hearing – Hamline University, on the Authority’s website: mnhefa.org – Recent News. By Order of the Minnesota Higher Education Facilities Authority Barry W. Fick, Executive Director -
April 21, 2021
MINNESOTA HIGHER EDUCATION FACILITIES AUTHORITY Notice of Public Hearing on Revenue Obligations on Behalf of Saint John’s University NOTICE IS HEREBY GIVEN that a public hearing will be held by the Minnesota Higher Education Facilities Authority (the “Authority”) with respect to a proposal to issue revenue bonds or other obligations on behalf of Saint John’s University (the “Corporation”), a Minnesota nonprofit corporation, as owner and operator of Saint John’s University (the “Institution”), at the Authority’s offices at Suite 450, 380 Jackson Street, St. Paul, Minnesota, on Wednesday, April 21, 2021, at 2:00 p.m. Under the proposal, the Authority would issue its revenue bonds or other obligations, which will be qualified 501(c)(3) bonds, in an aggregate original principal amount not to exceed $25,000,000 to finance projects generally described as (i) the acquisition, construction and equipping of a new 96-bed townhouse style student residence facility; (ii) renovation and upgrades to Peter Engel Science Center; (iii) renovation of the first floor and third floor of Wimmer Hall; (iv) construction of a pedestrian bridge connecting the lower campus and upper campus; and (v) capital improvement and renovation projects, including a student center (Sexton Commons) and student residence facilities (Saint Thomas Aquinas Hall and Saint Mary Hall) (collectively, the “Projects”), and to fund costs of issue. The Projects are or will be owned or leased and operated by the Corporation, and located on the Institution’s main campus in Collegeville, Minnesota. The Authority’s meeting and public hearing on April 21, 2021, will be conducted by telephone or other electronic means in accordance with Minnesota Statutes, Section 13D.021. Members of the public may attend the meeting in person or via telephone by calling toll-free 1 877 978-6969; Access Code 474-257-269#. Some members of the Authority may participate by telephone or other remote means. Written comments may be sent by regular mail to the attention of the Operations Manager at the offices of the Authority, 380 Jackson Street, Suite 450, Saint Paul, Minnesota 55101, or emailed to [email protected] or sent by facsimile to (651) 297-5751. Anyone requiring an accommodation consistent with the Americans with Disabilities Act should contact the Authority at (651) 296-4690 at least 48 hours in advance of the meeting to arrange for any necessary accommodations. For additional information on such public hearing, see the Notice of Public Hearing – St. John’s University, on the Authority’s website: mnhefa.org – Recent News. By Order of the Minnesota Higher Education Facilities Authority Barry W. Fick, Executive Director -
March 17, 2021
Notice of Public Hearing on the Issuance of Revenue Obligations of Behalf of Macalester College NOTICE IS HEREBY GIVEN that a public hearing will be held by the Minnesota Higher Education Facilities Authority (the “Authority”) with respect to a proposal to issue revenue bonds or other obligations on behalf of Macalester College, a Minnesota nonprofit corporation (the “College”), as owner and operator of Macalester College, at the Authority’s offices at Suite 450, 380 Jackson Street, Saint Paul, Minnesota, on Wednesday, March 17, 2021, at or after 2:00 p.m. Under the proposal, the Authority would issue its revenue bonds or other obligations in an approximate maximum principal amount of $15,500,000 to finance a project (the “Project”) consisting of (a) the refunding of the Authority’s outstanding Revenue Bonds, Series Seven-S (Macalester College) (the “Series Seven-S Bonds”), dated December 12, 2012, which were issued in the original aggregate principal amount of $14,730,000; and (b) the replacement of the roofs on the Olin Building, the College’s Campus Center building and library, and the College’s humanities building. The Series Seven-S Bonds were issued to finance the second phase of renovation and expansion of the Janet Wallace Fine Arts Center complex, including renovation, construction, equipping, and furnishing of the approximately 35,000 square foot studio arts portion of the complex, and to finance the replacement of a portion of the boiler capacity in the College’s heating plant, together with all related improvements, upgrades, and site work. All of the facilities and improvements to be financed or refinanced as part of the Project are or will be owned and operated by the College and located on the College’s campus, the principal street address of which is 1600 Grand Avenue, Saint Paul, Minnesota 55105. The Authority’s meeting and public hearing on March 17, 2021 will be conducted by telephone or other electronic means in accordance with Minnesota Statutes, Section 13D.021. Members of the public may attend the meeting via telephone by calling toll-free 1-877-978-6969; Access Code 198-566-367#. Some members of the Authority may participate by telephone or other remote means. Written comments may be sent by regular mail to the attention of the Operations Manager at the offices of the Authority, Suite 450, 380 Jackson Street, Saint Paul, Minnesota 55101, or emailed to [email protected], or sent by facsimile to 651-297-5751. Anyone requiring an accommodation consistent with the Americans with Disabilities Act should contact the Authority at 651-296-4690 at least 48 hours in advance of the meeting to arrange for any necessary accommodations. Dated: March 3, 2021 BY ORDER OF THE MINNESOTA HIGHER EDUCATION FACILITIES AUTHORITY /s/ Barry W. Fick Executive Director Minnesota Higher Education Facilities Authority -
February 17, 2021
Cancelled -
January 20, 2021
The general public may attend the meeting via telephone by dialing 1-877-978-6969 with a PIN of 802-617-886#. Please note that this meeting will include a closed session of the board at the end of the meeting, at which time the public will be asked to disconnect from the call. -
January 6, 2021
This meeting will be held at 10:00 am rather than the usual 2:00 pm meeting time. (This meeting was rescheduled from December 16, 2020) MINNESOTA HIGHER EDUCATION FACILITIES AUTHORITY Notice of Public Hearing on Revenue Obligations on Behalf of St. Olaf College NOTICE IS HEREBY GIVEN that a public hearing will be held by the Minnesota Higher Education Facilities Authority (the “Authority”) with respect to a proposal to issue revenue bonds or other obligations on behalf of St. Olaf College (the “College”), a Minnesota nonprofit corporation, as owner and operator of St. Olaf College (the “Institution”), at the Authority’s offices at Suite 450, 380 Jackson Street, St. Paul, Minnesota, on Wednesday, January 6, 2021, at 10:00 a.m. central time. Under the proposal, the Authority would issue its revenue bonds or other obligations in an aggregate original principal amount not to exceed $71,000,000 to finance projects generally described as (i) the acquisition, construction, equipping and furnishing of a new student housing project consisting of a 300-bed residence hall and 14 new townhouses, each townhouse containing 10 beds; and (ii) renovations, equipping and furnishing of an existing residence hall (collectively, the “Project”), and to fund capitalized interest and costs of issuance. The Project is or will be owned and operated by the College, and located on the Institution’s main campus, the principal street address of which is 1520 St. Olaf Avenue, Northfield, Minnesota. The Authority’s meeting and public hearing on January 6, 2021, will be conducted by telephone or other electronic means in accordance with Minnesota Statutes, Section 13D.021. Members of the public may attend the meeting via telephone by calling toll-free 1 877 978-6969; Access Code 536-888-055#. Some members of the Authority may participate by telephone or other remote means. Written comments may be sent by regular mail to the attention of the Operations Manager at the offices of the Authority, 380 Jackson Street, Suite 450, Saint Paul, Minnesota 55101, or emailed to [email protected] or sent by facsimile to (651) 297-5751. Anyone requiring an accommodation consistent with the Americans with Disabilities Act should contact the Authority at (651) 296-4690 at least 48 hours in advance of the meeting to arrange for any necessary accommodations. For additional information on such public hearing, see the Notice of Public Hearing – St. Olaf College, on the Authority’s website: mnhefa.org – Recent News. By Order of the Minnesota Higher Education Facilities Authority Barry W. Fick, Executive Director