University of Iowa to ask for dormitory revenue bonds

BY DI STAFF | JANUARY 29, 2014 5:00 AM

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University of Iowa officials will ask the state Board of Regents to accept bids for the dormitory revenue bonds that will then be used to pay a part of the construction costs for the new West Campus residence hall at the board’s Feb. 6 meeting.

The bonds are estimated to be valued at more than $27 million. This bond issuance is the second in a series of two bonds. The first bonds were sold in August 2012.

The $53 million project will provide housing for 501 students.

— by Stacey Murray

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