A. BUSINESS ITEMS 1. Call to Order/ Roll Call 2. Approval Prior Board Meeting Minutes (a) January 20 , 2012 3. Participant and Guest Introductions B. OTHER ITEMS 1. Administrator Update- FMAS (a) FL SAFE Audit FYE 12/31/11 (Clifton Larson Allen) (b) Banking Services/Custodian RFP (c) Marketing Update : LGIP and Value Added Services (d) Upcoming Presentations, Conferences (e) FMAS Comments 2. Investment Advisor/Operations Manager Update - PMA (a) Economic and Market Update (b) FLSAFE LGIP Portfolio Update (c) Operations Manager Report (d) Term Series Program Overview (e) FDIC Bank Program Overview (f) PMA Comments 3. FLSAFE Counsel Comments 4. Participants’ Comments 5. Board Members’ Comments C. SET NEXT MEETING DATE/ ADJOURNMENT 1. Future meeting dates: July 2012 October 2012 January 2013