20347222 - Florida Administrative Rules, Law, Code, Register

Florida Department of State and Division of Library and Information Services


Notice: 20347222
Notice of Meeting/Workshop Hearing

Division:	Independent Colleges and Universities of Florida


Overview



	The The Florida Higher Educational Facilities Financing Authority announces a public meeting to which all persons are invited.

DATE AND TIME:	Wednesday, May 9, 2018 12:00 Noon – 1:00 p.m.

PLACE:	The Offices of: The Independent Colleges and Universities of Florida, 542 East Park Avenue, Tallahassee, Florida 32301, the Board Room on the third (3rd) floor of the Howard Building at Jacksonville University located at 2800 University Boulevard North, Jacksonville, Florida, and by teleconference at (800) 719.7514 Conference Code 596984

Subject:	A. Review and Consideration of all matters relating to the application of Jacksonville University, Inc. to the Authority for the Authority to issue revenue bonds (the “Jacksonville University Bonds Series 2018”, including, without limitation, the conduct of a public hearing with respect to the proposed issuance by the Authority of up to $125,000,000 in principal amount of its revenue bonds for the funding of Higher Educational Facilities Financing Authority Revenue Bonds, Series 2018 (Jacksonville University Project) under Chapter 243, Part II, Florida Statutes all as more particularly described in the separate public hearing notice published pursuant to Section 147(f) of the Internal Revenue Code of 1986, as amended, in The Tallahassee Democrat. The loan proceeds will be allocated for the purposes of providing funds by the Authority to Jacksonville University, a Florida not for profit corporation (the “Borrower”), for the purpose of (i) financing the costs of the Project which consists of consists of the acquisition, construction and installation of certain educational facilities at the Borrower’s existing campus (the “Main Campus”) located at 2800 University Boulevard North, Jacksonville, Florida, and to be owned and operated by the Borrower, including but not limited to the construction of a new three-story building for the Brooks Rehabilitation College of Healthcare Sciences which contains the Keigwin School of Nursing, the School of Applied Health Sciences and the School of Orthodontics, the renovation of existing residence halls, the construction of a new welcome center, the construction and/or renovation of various capital improvements at the Main Campus, and the installation of facilities, furnishings, fixtures and equipment related to the foregoing, (ii) refinancing a portion of certain outstanding indebtedness of the Borrower, the proceeds of which were to finance certain capital projects located on the campus of the borrower as further described in the separate public hearing notice referred to above, (iii) paying certain capitalized interest on the Bonds, (iv) funding debt service reserves for the Bonds, if any, and (v) paying all or a portion of the costs of issuing the Bonds, a. A University representative will describe the project, the use of the borrowed funds and the terms and conditions of the transaction b. A representative of the project’s Bond Counsel will discuss the tax-exempt status of the proposed transaction B. The meeting will be suspended for a TEFRA hearing to be conducted concerning the proposed Jacksonville University project C. The meeting will recommence for further consideration of the proposed borrowing a. Issuer’s Counsel will provide the authority with the status of the project and the documents necessary for the Authority to consider the Jacksonville University Project D. Consideration of a resolution authorizing the issuance of the Jacksonville University Series 2018 Bonds and authorizing the appropriate officials and officers of the Authority to take all necessary actions to authorize, sell and deliver the Jacksonville University Series 2018 Bonds. E. Any other matters that may come before the Authority.


	A copy of the agenda may be obtained by contacting: Melissa Armstrong, Independent Colleges and Universities of Florida, 542 East Park Avenue, Tallahassee, Florida 32301, (850)681-3188.

PRINT PUBLISH DATE:	4/27/2018 Vol. 44/83


REFERENCE MATERIALS:	No reference(s).

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Overview