... UNIVERSITY OF CENTRAL FLORIDA A COMPONENT UNIT OF THE STATE OF FLORIDA NOTES TO FINANCIAL STATEMENTS (CONTINUED) JUNE 30, 2008 -28- On October 4, 2007, the Corporation entered into an additional ... line of credit agreement of $37,000,000 with a local bank. The proceeds of the line of credit are to be used for the construction of the health facility for the University’s medical school. The ... 2009-160 UNIVERSITY OF CENTRAL FLORIDA A COMPONENT UNIT OF THE STATE OF FLORIDA NOTES TO FINANCIAL STATEMENTS (CONTINUED) JUNE 30, 2008 -30- accordance with the parameters of Governmental...