AGENDA

DIVISION OF BOND FINANCE OF THE STATE BOARD OF ADMINISTRATION

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

The Capitol

December 8, 1998

This meeting is open to the public.

1. Approval of minutes of the meeting of November 10, 1998.

(Attachment #1)

2. ADOPTION OF RESOLUTIONS (1) RESTATING THE ORIGINAL TURNPIKE REVENUE

BOND RESOLUTION, AND (2) AUTHORIZING THE COMPETITIVE SALE OF NOT

EXCEEDING $130,000,000 STATE OF FLORIDA, DEPARTMENT OF TRANSPORTATION

TURNPIKE REVENUE BONDS, SERIES 1999A.

The Original Resolution is being restated to incorporate amendments made during the last ten

years.

The bonds will be payable primarily from tolls and other revenues of the Florida Turnpike

System. The bonds will not be secured by the full faith and credit of the State. Proceeds of the

bonds will be used to finance a portion of the costs of turnpike projects described in the

resolution.

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

(Recommend)

3. ADOPTION OF A RESOLUTION AUTHORIZING THE COMPETITIVE SALE OF NOT

EXCEEDING $350,000,000 STATE OF FLORIDA, FULL FAITH AND CREDIT,

DEPARTMENT OF TRANSPORTATION RIGHT-OF-WAY ACQUISITION AND BRIDGE

CONSTRUCTION BONDS.

The Bonds will be payable primarily from motor fuel and special fuel taxes, and shall

additionally be secured by the full faith and credit of the State of Florida. The Bonds will be

issued to finance or refinance the cost of acquiring real property or the rights to real property for

state roads, or to finance or refinance the cost of state bridge construction, and purposes

incidental thereto.

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

$74,085,000 STATE OF FLORIDA, FULL FAITH AND CREDIT, STATE BOARD OF

EDUCATION CAPITAL OUTLAY BONDS, 1999 SERIES A.

The bonds will be payable primarily from Motor Vehicle License Taxes and will be additionally

secured by the full faith and credit of the State. The proceeds of the bonds will be used to

finance capital outlay projects for school and community college districts, as indicated in the

Ninth Supplemental Authorizing Resolution of the State Board of Education.

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

(Recommend)