Seattle Pacific University

3307 Third Avenue West, Seattle, WA  98119

www.spu.edu

Seattle Pacific University (the “University” or “SPU”) was founded in 1891. Since that founding by the Free Methodist Church, the University has grown into a premier Christian University that equips people to engage the culture and change the world. Students and faculty represent more than 50 different Christian denominations. Its comprehensive academic program serves over 3,800 undergraduate and graduate students.

In 1891 the school opened with two faculty members and 34 students. College-level courses for freshmen entered the curriculum in 1910, and the school's name became The Seattle Seminary and College in 1913. Two years later the name was changed again to Seattle Pacific College. On June 5, 1977, Seattle Pacific College officially became Seattle Pacific University.

SPU's 43-acre city campus is located in a residential neighborhood on the north slope of Queen Anne Hill, only 10 minutes from the heart of downtown Seattle. The University also owns and operates a wilderness campus and field station on Blakely Island, and a seaside campus/retreat facility on Whidbey Island.

During fiscal year 2008, The Authority issued $81,390,000 Series 2008 Bonds for the University to restructure prior bonds and realize interest savings.

The University has issued three series of bonds through the Authority with a total par value of $260,210,000.