Higher education bonds

Recently retired Chicago Mayor Richard Daley has accepted an appointment at the University of Chicago to help foster policy discussions at the Harris School of Public Policy.

The Dormitory Authority of the State of New York Thursday will sell $684.2 million of tax-exempt and taxable personal-income tax revenue bonds through competitive bid.

The Council of Bond Oversight last week authorized the Oklahoma Development Finance Authority to issue $100 million of debt for the higher education master real property program for projects at state colleges and universities.

BRADENTON, Fla. — Lambuth University in Jackson, Tenn., has filed an audit that “raises substantial doubt about its ability to continue as a going concern.”

DALLAS — The University of Colorado Hospital Authority plans to issue $200.8 million of variable-rate revenue bonds this week for a new medical tower on its rapidly expanding Anschutz Campus in Aurora.

The Mainland Community College District’s request for $87 million of general obligation bonds failed after a count of mail-in ballots resulted in more 'no’ votes.

CHICAGO — Indiana’s Purdue University, one of the nation’s few higher education institutions with a triple-A rating, will price $45 million of refunding student facility system revenue bonds Tuesday.

CHICAGO — The Board of Trustees of Western Michigan University, one of the state’s largest colleges, is expected to enter the market by the end of May with $68 million of mostly new-money debt.

BRADENTON, Fla. — The last student graduated from Lambuth University in Jackson, Tenn., on April 30.

BRADENTON, Fla. — Appalachian State University in northwestern North Carolina Tuesday will competitively sell $60.14 million of general revenue bonds.

The District of Columbia sold $40 million of special obligation bonds last week on behalf of Gallaudet University, a first-ever borrowing for the school.

The Massachusetts Institute of Technology last week sold $750 million of taxable bonds that mature in 100 years.

CHICAGO — The University of Chicago Medical Center will enter the market with $182 million of debt beginning next week to wrap up its planned borrowing for a new hospital pavilion that will house its complex-care services.

The University of Arkansas will renovate six residential facilities and rebuild a fire-damaged fraternity house with $28.2 million of bonds approved last month by UA trustees.

Fitch Ratings last week upgraded Fairleigh Dickinson University to BBB from BBB-minus, as the private institution has shown positive operating margins during the past few years.

Chicago Mayor-elect Rahm Emanuel has decided to leave in place Martin Cabrera, head of the Chicago-based investment bank Cabrera Capital Markets LLC, as chairman of the City Colleges of Chicago board and Cheryl Hyman as executive director of the system.

DALLAS — The Maricopa County Community College District is surrounded by the economic troubles of the Phoenix metro area, but the 10-campus system will still carry top ratings into an upcoming $150 million issue of general obligation bonds.

The board of Western Michigan University in Kalamazoo approved a request to issue up to $70 million of revenue bonds to finance capital projects.

The Texas State University System next week plans to issue $114.5 million of revenue financing system bonds as Texas legislators consider another $320 million for the nine-campus system in its centennial year.

CHICAGO — Indiana University Health Inc., the state’s largest health care system, on Monday will price $228.2 million of variable-rate bonds in the first of three borrowings that will total nearly $800 million.