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AGENDA

DIVISION OF BOND FINANCE OF THE STATE BOARD OF ADMINISTRATION

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

The Capitol

May 28, 1998

1. Approval of minutes of the meeting of May 12, 1998.

(Attachment #1)

2. ADOPTION OF RESOLUTIONS AUTHORIZING (1) THE ISSUANCE OF NOT

EXCEEDING $7,415,000 STATE OF FLORIDA, BOARD OF REGENTS, UNIVERSITY OF

FLORIDA HOUSING REVENUE REFUNDING BONDS AND (2) THE COMPETITIVE

SALE OF NOT EXCEEDING $27,865,000 STATE OF FLORIDA, BOARD OF REGENTS,

UNIVERSITY OF FLORIDA HOUSING REVENUE BONDS, SERIES 1998.

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 of Florida. The sale resolution includes the

$7,415,000 refunding bonds authorized in (1) above and the $20,450,000 University of Florida

Housing Bonds authorized on December 4, 1997. The proceeds of the bonds will be used to

refund all or a portion of the outstanding University of Florida Housing Revenue Bonds, Series

1989, and finance a residence hall on the campus of the University.

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























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