The Board of Regents voted Thursday to sell tax-exempt bonds to finance construction of a new residence hall and pay for other campus improvements.
School officials said the bonds will provide between $14.5 million and $14.8 million. Most of the money -- $13.5 million -- will be used to construct a 293-bed residence hall on Henderson Avenue.
The remaining $1 million to $1.3 million will fund renovations to existing residence halls, including repairs to elevators in the Towers complex and the roof at Dearmont, school officials said.
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