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AGENDA DIVISION OF BOND FINANCE OF THE STATE BOARD OF ADMINISTRATION (Contact person: J. Ben Watkins III - 488-4782) February 22, 2000 This meeting is open to the public.
1. Approval of minutes of the meeting of January 25, 2000. (Attachment #1) 2. ADOPTION OF A RESOLUTION AUTHORIZING THE COMPETITIVE SALE OF NOT EXCEEDING $15,000,000 DEPARTMENT OF MANAGEMENT SERVICES, FLORIDA FACILITIES POOL REVENUE BONDS, SERIES 2000A. The bonds will be payable from revenues derived by the Department of Management Services from the leasing of buildings to State agencies. The bonds will not be secured by the full faith and credit of the State. The proceeds of the bonds will be used to finance the construction of a regional service center in Duval County for the Department of Law Enforcement. The resolution also authorizes the use of the remaining proceeds of certain prior bond issues for the facilities financed by the 1999B and 2000A Facilities Pool Revenue Bonds. Copies of the resolution may be obtained from the Division of Bond Finance upon request. (Recommend) 3. ADOPTION OF A RESOLUTION AUTHORIZING THE ISSUANCE OF NOT EXCEEDING $16,645,000 STATE OF FLORIDA, BOARD OF REGENTS, FLORIDA INTERNATIONAL UNIVERSITY HOUSING FACILITY REVENUE BONDS, SERIES 2000. The bonds will be payable from revenues of the University’s housing system. The bonds will not be secured by the full faith and credit of the State. The proceeds of the bonds will be used to finance the construction of a student housing facility at the main campus of Florida International University. Copies of the resolution may be obtained from the Division of Bond Finance upon request. (Recommend) 4. ADOPTION OF A RESOLUTION AUTHORIZING THE ISSUANCE OF NOT EXCEEDING $32,000,000 STATE OF FLORIDA, BOARD OF REGENTS, UNIVERSITY OF FLORIDA HOUSING REVENUE BONDS, SERIES 2000. The bonds will be payable from the revenues of the University’s housing system. The bonds will not be secured by the full faith and credit of the State. The proceeds of the bonds will be used to finance the construction and renovation of student housing facilities at the University of Florida. Copies of the resolution may be obtained from the Division of Bond Finance upon request. (Recommend) 5. REPORT OF AWARD OF $100,000,000 STATE OF FLORIDA, STATE BOARD OF EDUCATION LOTTERY REVENUE BONDS, SERIES 1999A, TO THE LOW BIDDER FOR SUCH BONDS. The Division of Bond Finance was authorized to receive bids for these bonds, and award them to the low bidder, by a resolution adopted by the Governor and Cabinet. Bids were received at the office of the Division of Bond Finance at 12:00 noon on January 18, 2000, and the bonds were awarded to the low bidder, Salomon Smith Barney, which submitted a bid at an annual true interest cost rate of 5.6539%. The bonds were delivered on February 8, 2000. A report of award and tabulation of bids is attached. (Attachment #2) |
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