June 2, 2026

State Building Authority

Board of Trustees

June 2, 2026

Meeting Agenda

1. Call to Order
   1. Introductions and Announcements
   2. Public Comment
   3. Action on Minutes of August 13, 2025
   4. Agenda Review
2. Old Business
   1. Status of SBA Commercial Paper Program
   2. Annual Audit Review
3. New Business
   1. Resolution of the State Building Authority Approving an Easement Between the State Building Authority and Upper Michigan Energy Resources Corporation at Bay De Noc Community College
   2. Resolution of the State Building Authority Approving a Construction Agreement, Conveyance of Property, a Lease and an Easement Agreement, if Necessary, for Certain Facilities
      1. C.S. Mott Prahl College Center Renovation
      2. GRCC Learning Resource Center/Library Commons Project
   3. Resolution of the State Building Authority Determining the Rental and Confirming Other Matters Regarding the Conveyances of Property and the Lease for Certain Facilities (sample lease attached)
      1. Delta College Information Technology and Computer Science (K-Wing) Renovations
      2. University Of Michigan Computer Science and Engineering School of Information
   4. Jefferies Presentation on Upcoming Bond Issue
   5. Resolution of the State Building Authority Authorizing the Issuance and Sale of Its 2026 Revenue and Revenue Refunding Bonds, Series I (including supplemental trust indenture, purchase contract, escrow deposit agreement(s), preliminary official statement, and continuing disclosure agreement)
4. Upcoming Business
   1. State Budget/SBA Considerations
5. Proposed Next Meeting Dates
   1. October 2026
6. Close