College wants to build additions class rooms and administrative office. You are the CFO of the College;

1. How does the President goes about to finance these long terms projects that will cost between $30 million to $50 million?

2. What role do financial Institutions play in such a project?

Answer for following:

a) College has to justify need to the college Chancellor.

b) Chancellor to board of Trusties.

c) To the Mayor & City Council for approval

d) Financing phase

e) Bank selection etc.

f) Under writer? What? Sells what to raise capital.