The document outlines requirements for a university library system. It describes that the library contains books and journals that can be borrowed by members, with some restrictions. It must keep track of borrowed items and due dates, and produce overdue reminders. When borrowing a book, the system checks that the user is a member and not exceeding their loan limit, and records the loan or refuses it. The document also states that translating the natural language requirements to mathematical statements can provide specific and complex solutions, and help gain knowledge on the translation process.