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Cabinet
Affairs |
AGENDA
DIVISION OF BOND FINANCE OF THE STATE BOARD OF ADMINISTRATION
(Contact person: J. Ben Watkins III - 488-4782)
The Capitol
April 15, 1997
1. Approval of minutes of the meeting of March 25, 1997.
(Attachment #1)
2. ADOPTION OF A RESOLUTION AUTHORIZING THE COMPETITIVE SALE OF NOT
EXCEEDING $7,780,000 STATE OF FLORIDA, BOARD OF REGENTS, FLORIDA
AGRICULTURAL AND MECHANICAL UNIVERSITY STUDENT SERVICES CENTER
REVENUE BONDS, SERIES 1997.
The proceeds of the bonds will be used to finance the cost of constructing a student services center on
the campus of the Florida Agricultural and Mechanical University located in Tallahassee, Florida and
to pay certain costs associated with the issuance of the bonds, which will be issued by the Division
on behalf of the Board of Regents. The resolution also authorizes the Division to prepare and
publish a notice of bond sale for the bonds, authorizes the preparation and execution of a preliminary
and final official statement, provides certain other details and authorizations in connection with the
sale and issuance of the bonds, and amends provisions in the authorizing resolution relating to the
issuance of additional bonds.
The bonds will be secured by a pledge of the student services center revenues as set forth in the
resolution authorizing the issuance of the bonds adopted October 22, 1996. The bonds will not be
secured by the full faith and credit of the
State of Florida.
Copies of the resolution may be obtained from
the Division of Bond Finance upon request.
(Recommend)
3. ADOPTION OF A RESOLUTION AUTHORIZING THE COMPETITIVE SALE OF NOT
EXCEEDING $3,605,000 STATE OF FLORIDA, BOARD OF REGENTS, FLORIDA
AGRICULTURAL AND MECHANICAL UNIVERSITY PARKING FACILITY REVENUE
BONDS, SERIES 1997.
The proceeds of the bonds will be used to finance the cost of constructing a multi-level parking
facility on the campus of the Florida Agricultural and Mechanical University located in Tallahassee,
Florida and to pay certain costs associated with the issuance of the bonds, which will be issued by the
Division on behalf of the Board of Regents. The resolution also authorizes the Division to prepare
and publish a notice of bond sale for the bonds, authorizes the preparation and execution of a
preliminary and final official statement, provides certain other details and authorizations in
connection with the sale and issuance of the bonds, and amends provisions in the authorizing
resolution relating to the issuance of additional
bonds.
The bonds will be secured by a pledge of parking system revenues as set forth in the resolution
authorizing the issuance of the bonds adopted October 22, 1996. The bonds will not be secured by
the full faith and credit of the State of Florida.
Copies of the resolution may be obtained from
the Division of Bond Finance upon request.
(Recommend)
Division of Bond Finance
Page Two-April 15, 1997
4. ADOPTION OF A RESOLUTION AUTHORIZING THE COMPETITIVE SALE OF NOT
EXCEEDING $9,780,000 STATE OF FLORIDA, BOARD OF REGENTS, UNIVERSITY OF
CENTRAL FLORIDA PARKING FACILITY REVENUE BONDS,
SERIES 1997.
The proceeds of the bonds will be used to finance the cost of constructing a multi-level parking
facility on the Orlando campus of the University of Central Florida and to pay certain costs
associated with the issuance of the bonds, which will be issued by the Division on behalf of the
Board of Regents. The resolution also authorizes the Division to prepare and publish a notice of
bond sale for the bonds, authorizes the preparation and execution of a preliminary and final official
statement, and provides certain other details and authorizations in connection with the sale and
issuance of the bonds.
The bonds will be secured by a pledge of parking system revenues as set forth in the resolutions
authorizing the issuance of the bonds on November 22, 1994 and October 8, 1996. The bonds will
not be secured by the full faith and credit
of the State of Florida.
Copies of the resolution may be obtained from
the Division of Bond Finance upon request.
(Recommend)