A. Review and Consideration of all matters relating to the application of Rollins College, Inc. to the Authority for the Authority to issue revenue bonds (the “Rollins College Bonds Series 2020), including, without limitation: a. the conduct of a ...

 

OTHER AGENCIES AND ORGANIZATIONS

Independent Colleges and Universities of Florida

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

DATE AND TIME: Monday, September 14, 2020, 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, and by teleconference at 1(800)719-7514, Conference Code 596984

GENERAL SUBJECT MATTER TO BE CONSIDERED: A. Review and Consideration of all matters relating to the application of Rollins College, Inc. to the Authority for the Authority to issue revenue bonds (the “Rollins College Bonds Series 2020), including, without limitation:

a. the conduct of a public hearing with respect to the contemplated issuance by the Authority of up to $158,000,000 in principal amount of its revenue bonds known as the Higher Educational Facilities Financing Authority Revenue and Revenue Refunding Bonds, Series

2020 (Rollins College Project) in one or more series 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.

b. The proceeds of the Rollins College Bonds Series 2020, together with other available money of the Borrower, will be used for the principal purposes of (i) refunding all or a portion of (a) the Authority’s Revenue Bonds (Rollins College Project) Series 2012A (the “Series 2012A Bonds), (b) the Authority's Revenue Refunding Bonds (Rollins College Project), Series 2017 (the "Series 2017 Bonds"), (c) the Authority's Revenue Bonds (Rollins College Project), Series 2018 (the "Series 2018 Bonds") and (d) a taxable loan from Synovus Bank for the benefit of the Borrower (the "2019 Loan" together with the Series 2012A Bonds, Series 2017 Bonds and the Series 2018 Bonds, collectively, the "Refunded Bonds"); (ii) financing, refinancing and/or reimbursing all or a portion of the

costs of the development, equipping, construction and improving of higher educational and related facilities on or near the campus of Rollins College, including but not limited to the Kathleen W. Rollins Hall, the Skillman Dining Hall, the Cornell Campus Center, parking

facilities, the Lakeside Neighborhood Student Housing, a greenhouse facility, a black box theater and other capital expenditures related thereto (collectively, the "2020 Project") and

(iii) paying all or a portion of the costs and capitalized interest associated with the issuance of the Bonds. All of the capital improvements being financed, refinanced, and reimbursed

with the proceeds of the Rollins College Bonds Series 2020 will be owned by the Borrower and will be located on or contiguous to Rollins College’s main campus at 1000 Holt Avenue, Winter Park, Florida.

c. The proceeds of the Refunded Bonds were used to finance and refinance the costs of educational facilities located on the main campus of Rollins College and at the following addresses proximate to such campus in Winter Park, Florida: 500 Osceola Avenue, 203

East Lyman Avenue, 460 East Fairbanks Avenue, 430 East Lyman Avenue, 100 West Fairbanks Avenue, 170 West Fairbanks Avenue, and 120 East Comstock Avenue (the "Refunded Projects").

d. Consideration of a bond resolution that approves the forms of documents to be used in connection with the issuance of the Rollins College Bonds Series 2020, including a [Trust Indenture, Loan Agreement and Bond Purchase Contract], as well as the award and sale of the Rollins College Bonds Series 2020 to Raymond James & Associates, Inc. on behalf of itself and any co-underwriters selected by the Borrower [as representative].

e. Authorizing the appropriate officials and officers of the Authority to take all necessary actions to authorize, sell and deliver the Rollins College Bonds Series 2020.

B. 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, [phone].

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 5 days before the workshop/meeting by contacting: Melissa Armstrong, Independent Colleges and Universities of Florida, 542 East Park Avenue, Tallahassee, Florida 32301, [phone]. 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).

For more information, you may contact: Melissa Armstrong, Independent Colleges and Universities of Florida, 542 East Park Avenue, Tallahassee, Florida 32301, [phone].