AGENDA

DIVISION OF BOND FINANCE OF THE STATE BOARD OF ADMINISTRATION

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

The Capitol

June 26, 2001

This meeting is open to the public.

1. Approval of minutes of the meeting of June 12, 2001.

(Attachment #1)

2. ADOPTION OF A RESOLUTION AUTHORIZING THE ISSUANCE OF NOT EXCEEDING $9,000,000 STATE OF FLORIDA, BOARD OF REGENTS, FLORIDA ATLANTIC UNIVERSITY PARKING FACILITY REVENUE BONDS, SERIES 2001.

The bonds will be payable from revenues of the parking system at Florida Atlantic University. The bonds are not secured by the full faith and credit of the State. The proceeds of the bonds will be used to finance the construction of a parking facility at the University.

The resolution provides for the bonds to be designated as bonds of the Florida Board of Education upon the effective date of its creation and the abolition of the Florida Board of Regents.

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

(Recommend)

3. ADOPTION OF RESOLUTIONS AUTHORIZING (1) THE ISSUANCE OF NOT EXCEEDING $22,000,000 STATE OF FLORIDA, SUNSHINE SKYWAY REVENUE REFUNDING BONDS, SERIES 2001 AND (2) THE COMPETITIVE SALE OF NOT EXCEEDING $22,000,000 STATE OF FLORIDA, SUNSHINE SKYWAY REVENUE REFUNDING BONDS, SERIES 2001.

The bonds will be payable from the net revenues of the Sunshine Skyway. The bonds are not secured by the full faith and credit of the State. The proceeds of the bonds will be used to refund the outstanding Sunshine Skyway Revenue Refunding Bonds, Series of 1991.

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

(Recommend)

4. ADOPTION OF A RESOLUTION SELECTING UNDERWRITERS FOR THE ISSUANCE OF PUBLIC EDUCATION CAPITAL OUTLAY REFUNDING BONDS.

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

(Recommend)

Division of Bond Finance

Page-Two June 26, 2001

 

5. REPORT OF AWARD OF $50,000,000 STATE OF FLORIDA, DEPARTMENT OF ENVIRONMENTAL PROTECTION FLORIDA FOREVER REVENUE BONDS, SERIES 2001A 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 June 5, 2001, and the bonds were awarded to the low bidder, Salomon Smith Barney, which submitted a bid at an annual true interest cost rate of 4.81176%. The bonds are scheduled for delivery on June 27, 2001.

A report of award and tabulation of bids is attached.

(Attachment #2)