AGENDA

DIVISION OF BOND FINANCE OF THE STATE BOARD OF ADMINISTRATION

(Contact person: J. Ben Watkins III - 488-4782)

The Capitol

May 30, 2001

This meeting is open to the public.

1. Approval of minutes of the meeting of May 15, 2001.

(Attachment #1)

2. ADOPTION OF A RESOLUTION AUTHORIZING THE COMPETITIVE SALE OF NOT EXCEEDING $50,000,000 STATE OF FLORIDA, DEPARTMENT OF ENVIRONMENTAL PROTECTION, FLORIDA FOREVER REVENUE BONDS, SERIES 2001A.

The bonds will be payable from certain excise taxes on documents on a parity with Preservation 2000 Bonds. The bonds will not be secured by the full faith and credit of the State. The proceeds of the bonds will be used for acquisition and improvement of public lands, water areas, and related property interests and resources.

Copies of the resolution may be obtained from the Division of Bond Finance upon request.

(Recommend)

3. ADOPTION OF A RESOLUTION AUTHORIZING REDEMPTION PRIOR TO THE DATE OF MATURITY OF THE STATE OF FLORIDA, FULL FAITH AND CREDIT, JACKSONVILLE TRANSPORTATION AUTHORITY BONDS, VARIOUS SERIES.

The bonds were issued by the Division of Bond Finance and the proceeds were utilized by the Jacksonville Transportation Authority (The "Authority") to construct various road projects. The Authority wishes to redeem the bonds prior to maturity. The resolution will authorize such redemption, as provided for in the documents authorizing the bonds, at a date to be determined by the State Board of Administration.

Copies of the resolution may be obtained from the Division of Bond Finance upon request.

(Recommend)

4. REPORT OF AWARD OF $7,770,000 STATE OF FLORIDA, BOARD OF REGENTS, UNIVERSITY OF CENTRAL FLORIDA PARKING FACILITY REVENUE BONDS, SERIES 2001, 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 11:00 a.m. on May 10, 2001, and the bonds were awarded to the low bidder, Prudential Securities Incorporated, which submitted a bid at an annual true interest cost rate of 4.8641%. The bonds are scheduled to be delivered on May 30, 2001.

A report of award and tabulation of bids is attached.

(Attachment #2)