Kutak Rock served as counsel to the underwriters in connection with the issuance by the Board of Regents of the University of Oklahoma on behalf of the University of Oklahoma Health Sciences Center of its General Revenue Bonds, Tax Exempt Series 2023A in the aggregate principal amount of $32,225,000 and the Board of Regents of the University of Oklahoma on behalf of the University of Oklahoma Health Sciences Center of its General Revenue Bonds, Federally Taxable Series 2023B in the aggregate principal amount of $15,100,000. Proceeds of the Series 2023A/B Bonds are to be used to construct, renovate, remodel, expand and equip a steam and chilled water plant on the campus of the University of Oklahoma Health Sciences Center, Oklahoma City, Oklahoma, which is expected to be completed in April of 2025. 

The Project involves expansion of and upgrades to the existing utility system necessary to accommodate growth of the Center and to supply uninterrupted services to the OUHSC campus. The Project includes the addition of chillers and towers, replacement of aging boilers and chillers, addition of backup generators, upgrades to electrical systems, and replacement of diesel tanks.

Fred Marienthal, Jennifer Barrett and Bradley Scoble worked on this transaction.