Northern Arizona Capital Facilities Finance Corporation

Northern Arizona Capital Facilities Finance Corporation NORTHERN ARIZONA CAPITAL FACILITIES FINANCE CORPORATION (NACFFC) WAS FORMED FOR THE PURPOSE OF CIVIC BETTERMENT AND SOCIAL IMPROVEMENTS BY ASSISTING THE ARIZONA BOARD OF REGENTS, ACTING ON THE BEHALF OF NORTHERN ARIZONA UNIVERSITY (NAU) IN FINANCING, CONSTRUCTING, AND OPERATING CAPITAL FACILITIES ON BEHALF OF NAU. NACFFC IS THE SOLE MEMBER OF FOUR INDIVIDUAL LLC'S - PINE RIDGE VILLAGE/CAMPUS HEIGHTS LLC, NORTH CAMPUS LLC, STUDENT AND ACADEMIC SERVICES LLC, AND UNIVERSITY STUDENT ATHLETIC FACILITIES, LLC.