Cabinet Affairs

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

The Capitol

November 7, 1996

1. Approval of minutes of the meeting of October 22, 1996.

(Attachment #1)

2. ADOPTION OF A RESOLUTION AUTHORIZING THE PUBLIC (COMPETITIVE) SALE OF

NOT EXCEEDING $10,500,000 STATE OF FLORIDA, BOARD OF REGENTS, UNIVERSITY

OF SOUTH FLORIDA, HOUSING FACILITY REVENUE BONDS, SERIES 1996A.

The proceeds of the bonds will be used to finance the renovation of a student housing facility on the

campus of the University of South Florida located in Tampa, 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 a final official

statement, amends the August 8, 1995 resolution authorizing the issuance of the bonds to modify

continuing disclosure provisions to reflect current regulatory requirements, 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 the net housing system revenues as set forth in the

resolution authorizing the issuance of the bonds adopted August 8, 1995. 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 PUBLIC (COMPETITIVE) SALE OF

NOT EXCEEDING $19,455,000 STATE OF FLORIDA, BOARD OF REGENTS, UNIVERSITY

OF CENTRAL FLORIDA HOUSING REVENUE BONDS, SERIES 1996.

The proceeds of the bonds will be used to finance the construction, furnishing and equipping of a

housing facility located 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 a

final official statement; and provides certain other details and authorizations in connection with the

sale and issuance of the bonds.
E=1

The bonds will be secured by a pledge of the net housing system revenues as set forth in the

resolutions adopted July 21, 1992 and May 29, 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-November 7, 1996

4. ADOPTION OF A RESOLUTION SUPPLEMENTING THE FLORIDA FACILITIES POOL

REVENUE BOND RESOLUTION ADOPTED ON MAY 20, 1986; AUTHORIZING THE

PUBLIC (COMPETITIVE) SALE OF NOT EXCEEDING $9,600,000 DEPARTMENT OF

MANAGEMENT SERVICES, FLORIDA FACILITIES POOL REVENUE BONDS, SERIES

1996B.

The proceeds of the bonds will be used to provide a portion of the acquisition and construction costs

of an office building at the Satellite Office Complex in Tallahassee. The resolution also sets forth

certain terms of the bonds; provides that the bonds may be sold in one or more series; sets forth the

form of the bonds; provides for the application of certain funds; authorizes a preliminary official

statement and a final official statement; provides for the removal of facilities from the Florida

Facilities Pool; confirms the Florida Facilities Pool Revenue Bonds Resolution; provides for

continuing secondary market disclosure; and provides an effective date.

The bonds will be secured by the revenues derived by the Division of Facilities Management from the

leasing of facilities in the Florida Facilities Pool, as set forth in the resolution adopted May 20, 1986.

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)

5. ADOPTION OF A RESOLUTION AUTHORIZING THE PUBLIC (COMPETITIVE) SALE OF

NOT EXCEEDING $40,395,000 STATE OF FLORIDA, BOARD OF REGENTS, UNIVERSITY

SYSTEM IMPROVEMENT REVENUE BONDS, SERIES 1997.

The proceeds of the bonds will be used to finance the acquisition and construction of legislatively

authorized projects of the Board of Regents 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 a 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 the capital improvement fees and the net student building

fees collected by the Board of Regents, after deducting certain expenses, as set forth in the resolution

authorizing the issuance of the bonds adopted 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)