9072427 - Florida Administrative Rules, Law, Code, Register

Florida Department of State and Division of Library and Information Services


Notice: 9072427
Notice of Meeting/Workshop Hearing

Division:	Florida Development Finance Corporation


Overview



	The Florida Development Finance Corporation announces a hearing to which all persons are invited.

DATE AND TIME:	September 10, 2010, 1:00 p.m. or as soon thereafter as practicable

PLACE:	Enterprise Florida, Inc. offices, 325 John Knox Road, Tallahassee, Florida 32303

Subject:	Adoption of a resolution approving the issuance by the Corporation of not exceeding $75,000,000 of its Educational Facilities Revenue Bonds (Renaissance Charter Schools Project) (the “Bonds”) in one or more series of tax-exempt and taxable bonds. The proceeds of the Bonds will be loaned by the Corporation to Renaissance Charter School, Inc., and/or affiliates, subsidiaries or related entities thereof, or such other entities designated by Renaissance Charter School, Inc. (collectively, the “Borrowers”). The Borrowers will use the proceeds of the Bonds to: (A) finance and/or refinance the cost of (or reimburse itself for prior expenditures for) the acquisition, construction, renovation and improving of certain educational facilities located within the State of Florida (collectively, the “Project”), and (B) pay costs and fund necessary reserves associated with the issuance of the Bonds. The Project will be located at the following locations: (a) a 4-acre parcel located at 100 Bell Tel Way, Jacksonville, Florida 32216, (b) 300 N. W. Cashmere Boulevard, Port St. Lucie, Florida 34986, (c) 8200 S. W. 17th Street, North Lauderdale, Florida 33068, (d) 1601 Kingman Road (S. E. 28th Avenue), Homestead, Florida 33035, and (e) on a 4-acre parcel at 10651 N. W. 19th Street, Doral, Florida 33172. The Bonds are being issued under the authority of the Florida Development Financing Corporation Act of 1993, as amended (the “Act”), and are being loaned to the Borrowers to finance and refinance the costs of the Project pursuant to the Act. The Bonds shall be payable solely from the revenues derived from a loan and other financing documents to be executed between the Corporation and the Borrowers prior to or contemporaneously with the issuance of the Bonds. Such Bonds and the interest thereon shall not constitute an indebtedness or pledge of the general credit or taxing power of the State of Florida or any political subdivision or agency thereof. Issuance of the Bonds is subject to several conditions including satisfactory documentation and receipt of necessary approvals for the financing. The aforementioned meeting shall be a public meeting and all persons who may be interested will be given an opportunity to be heard concerning the same.


	A copy of the agenda may be obtained by contacting: Executive Director, Florida Development Finance Corporation, 800 North Magnolia Avenue, Suite 1100, Orlando, Florida 32803. Pursuant to the provisions of the Americans with Disabilities Act, any person requiring special accommodations to participate in this workshop/meeting is asked to advise the agency at least 3 days before the workshop/meeting by contacting: Executive Director, Florida Development Finance Corporation, 800 North Magnolia Avenue, Suite 1100, Orlando, Florida 32803, (407)956-5696. If you are hearing or speech impaired, please contact the agency using the Florida Relay Service, 1(800)955-8771 (TDD) or 1(800)955-8770 (Voice). If any person decides to appeal any decision made by the Board with respect to any matter considered at this meeting or hearing, he/she will need to ensure that a verbatim record of the proceeding is made, which record includes the testimony and evidence from which the appeal is to be issued.

PRINT PUBLISH DATE:	9/3/2010 Vol. 36/35


REFERENCE MATERIALS:	No reference(s).

Under Florida law, E-mail addresses are public records. If you do not want your E-mail address released in response to a public records request, do not send electronic mail to this entity. Instead, contact this office by phone or in writing.

Overview