FLORIDA SURPLUS ASSET FUND TRUST 10151 University Blvd., #227, Orlando, Florida 32817 Board of Trustees Florida Surplus Asset Fund Trust AGENDA This meeting of the Board of Trustees for Florida Surplus Asset Fund Trust will be held on Thursday, April 26, 2018 at 10:00 a.m. at Akerman LLP, offices of Mike Williams, Esq., FL SAFE Counsel, CNL Center II Building, 420 South Orange Avenue, Suite 1200, Orlando, Florida 32801. Complimentary parking provided along with lunch prior to the Board Workshop at 11:45 a.m. (see attached). Conference Call Number 1-800-201-2375 MEETING OF THE BOARD OF TRUSTEES - BOARD OF PARTICIPANTS A. BUSINESS ITEMS 1. Call to Order/ Roll Call 2. Public Comments 3. Approval Prior Board Meeting Minutes Participation Code: 365753# April 26, 2018 (a) January25,2018 4. Participant and Guest Introductions 5. FLSAFE Audit FYE 12/31/17; Michelle Alexander, CPA, Clifton Larson Allen B. OTHER ITEMS 1. Investment Advisor/Operations Manager Update - PMA (a) Economic and Market Update (b) FLSAFE LGIP Portfolio Update; Comparative Market Review (c) Operations Manager Report (d) Board Ratification of Term Series (January-April) (e) Update on Cyber Security; Fraud Detection/Prevention (f) PMA Comments 2. Administrator Update- FMAS (a) Marketing Update, Presentations (b) Upcoming Conferences (FGFOA & FCCMA), Presentations (c) FMAS Comments 3. FLSAFE Counsel’s Comments 4. Participants’ Comments 5. Board Members’ Comments C. SET NEXT MEETING DATE/ ADJOURNMENT 1. Future meeting dates: July 26, 2018; October 25, 2018 I look forward to seeing you in the meeting. In the meantime, if you have any questions, please do not hesitate to contact either Jeff Larson, FLSAFE Administrator at (407) 496-1597, jlarson@floridamanagementservices.com or me at (954) 597-3550. Very truly yours, /S/ Mark C. Mason, CPA Mark C. Mason, CPA, Chairman