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.