HomeMy WebLinkAbout10 Division of Bond Finance FormsNotice Of Sale Printed On: 9/6/2016 12:14:12PM
Bond issue name: Monroe County, Florida Infrastructure Sales Surtax Refunding Revenue Bond, Series 2016
Sale date: 09/29/2016
Closing date: 09/29/2016
Submitted by: mgarner @ngn- tampa.com
Submission date: 09/06/2016
Monroe County, Florida Infrastructure Sales Surtax Refunding Revenue Bond, Series 2016
Last Save Date: 9/7/2016 4:46:01 PM Printed On: 9/7/2016 4:46:15PM
Issuer
Name of Governmental Unit:
Monroe County, Florida
Mailing Address of Governmental Unit or its Manager:
1100 Simonton St.
Address 2:
Suite 408
City: State: Zip Code:
Key West FL 33040
Counties in which governmental unit has jurisdiction:
Monroe
Type of Issuer:
County
Is the Issuer a Community Development District?
No
Bond Information
Bond Issue Detail(s):
Name of Bond Issue Amount Issued Interest Calculation Yield
Monroe County, Florida Infrastructure Sales Surtax 16,065,000.00 Arbitrage Yield 1.690
Refunding Revenue Bond, Series 2016
Amount Authorized:
16,065,000.00
Dated Date:
09/29/2016
Sale Date:
09/29/2016
Delivery Date:
09/29/2016
Legal Authority For Issuance:
Ch. 125, F.S.
Type Of Issue:
Revenue
Is this a Private Activity Bond?
No
Specific Revenue(s) Pledged:
Primary: Infrastructure Surtax
Secondary. None
Purpose(s) of the Issue:
Primary: Refunding
Secondary. None
Is this a Refunding Issue?
Yes
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Monroe County, Florida Infrastructure Sales Surtax Refunding Revenue Bond, Series 2016
Last Save Date: 9/7/2016 4:46:01PM Printed On: 9/7/2016 4:46:15PM
Bond Refunding Issue Detail(s):
Name of Refunding Issue Dated Date Original Par Value Par Value Refunded
Monroe County, Florida Infrastructure Sales Surtax Master 10/21/2014 16,000,000.00 16,000,000.00
Revenue Bond (PNC Bank Line of Credit), Series 2014
Refunded Debt has been:
Retired
Did the Refunding Issue contain New Money?
No
Type of sale:
Negotiated Private Placement
Insurance /Enhancements:
No Credit Enhancement
Rating(s):
Moody's: NR
S &P. NR
Fitch: NR
Other. [blank]
Debt Service schedule provided by:
Email
Optional Redemption Provisions provided by:
Email
Participants
Provide the name and address of the Senior Managing Underwriter or Sole Purchaser.
Underwriter:
TD Bank, N.A.
Mailing Address of Underwriter:
255 Alhambra Circle
Address 2:
2nd Floor
City:
State:
Zip Code:
Coral Gables
FL
33134
Co- Underwriter:
None
Provide the names and addresses of any attorneys who advised the unit of local government with respect to the bond
issue.
Bond Counsel:
Nabors, Giblin & Nickerson
Mailing Address of Bond Counsel:
2502 Rocky Point Drive
Address 2:
Suite 1060
City:
State:
Postal Code:
Tampa
FL
33607
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Monroe County, Florida Infrastructure Sales Surtax Refunding Revenue Bond, Series 2016
Last Save Date: 9/7/2016 4:46:01PM Printed On: 9/7/2016 4:46:15PM
Co -Bond Counsel:
None
Provide the names and addresses of any financial consultant who advised the unit of local government with respect to
the bond issue.
Financial Advisor /Consultant:
Public Financial Management Inc.
Mailing Address of Financial Advisor /Consultant:
255 Alhambra Circle
Address 2:
Suite 404
City:
State:
Zip Code:
Coral Gables
FL
33134
Co- Financial Advisor /Consultant:
None
Other Professionals:
[blank]
Mailing Address of Other Professionals:
[blank]
Address 2:
[blank]
City:
State:
Zip Code:
[blank]
[blank]
[blank]
Paying Agent:
T.D. Bank, N.A.
Registrar:
T.D. Bank, N.A.
Fees
Has any fee, bonus, or gratuity been paid by any underwriter or financial consultant, in connection with the bond
issue, to any person not regularly employed or engaged by such underwriter or consultant?
Fees Paid:
Company Name Fee Paid Service provided or function served
[blank]
Have any other fees been paid by the unit of local government with respect to the bond issue, including any fee paid to
attorneys of financial consultants?
Total Bond Counsel Fees Paid:
25,000.00
Total Financial Advisor Fees Paid:
25,000.00
Other Fees Paid:
Company Name Fee Paid Service Provided or Function Served
Weiss Serota Helfman Cole & Bierman 5,000.00 Bank Counsel
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Monroe County, Florida Infrastructure Sales Surtax Refunding Revenue Bond, Series 2016
Last Save Date: 9/7/2016 4:46:01 PM Printed On: 917/2016 4:46:15PM
Filing of this form has been authorized by the official of the issuer identified below:
Name:
Kevin Madok, Sr. Director of Strategic Planning
Title:
Governmental Officer primarily responsible for coordinating issuance of the bonds
Fees charged by Underwriter:
Management Fee (per thousand par value):
0.00
OR
Private Placement Fee:
0.00
Underwriter's expected gross spread (per thousand par value):
0.00
Respondent
For additional information, the Division of Bond Finance should contact:
Name:
Steven E. Miller, Esq.
Title:
Bond Counsel
Phone:
813- 281 -2222
Company:
Nabors, Giblin & Nickerson, P.A.
Mailing Address of Respondent:
2502 Rocky Point Dr.
Address 2:
Suite 1060
City: State: Zip Code:
Tampa FL 33558
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Monroe County, Florida Infrastructure Sales Surtax Refunding Revenue Bond, Series 2016
Last Save Date: 9/712016 4:46:01 PM Printed On: 9/7/2016 4:46:15PM
Information relating to party completing this form (if different from above):
Name:
[blank]
Title:
[blank]
Phone:
[blank]
Company:
[blank]
Mailing Address:
[blank]
Address 2:
[blank]
City: State: Zip Code:
[blank] [blank] [blank]
Continuing Disclosure
If the issuer is required to provide continuing disclosure information in accordance with SEC Rule 15C2 -12, do you
want the Division of Bond Finance to remind you of your filing deadline?
No
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