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…was duly approved and authorized by the Kansas Board of Regents on February 16, 2006. The annual
effective interest rate is 3.945%. The first payment was due October 1, 2006. Rental payments are due
semi-annually on October 1 and April 1. The final rental payment is due October 1, 2021. Payments are to
be made from University annual budget allocations. …
https://www.wichita.edu/_archive/services/controller/Accounting/_documents/afr_21.pdf