Florida Regulations 19A-1.003: Reporting Requirements – Outstanding General Obligation or Revenue Bonds
Current as of: 2024 | Check for updates
|
Other versions
(1) Each Unit of Local Government shall furnish the Division with a report containing a complete description of each outstanding issue of General Obligation or Revenue Bonds. The report shall follow the format and provide the following information as prescribed in Form BF 2003, “”Bond Information Form,”” effective 3-3-83, available from the Division, 312 Knight Building, 2737 Centerview Drive, Tallahassee, Florida 32399-0950:
(a) The name, type, mailing address and county of the Unit of Local Government;
(b) The name of the bond issue;
(c) The amount of bonds authorized;
(d) The amount of bonds issued;
(e) The dated date, sale date and delivery date of the bond issue;
(f) The legal authority for issuance;
(g) The type and purpose of the issue;
(h) The name, dated date and original par value of prior bond issues refunded by the bonds about which information is being provided;
(i) The specific revenues pledged for payment of debt service on the bonds;
(j) The type of sale;
(k) The basis of interest rate calculation and rate;
(l) Insurance;
(m) Bond ratings;
(n) The financial advisor to the Unit of Local Government in connection with the bond issue;
(o) Bond counsel;
(p) The Managing Underwriter for the bond issue;
(q) Paying agent;
(r) Registrar;
(s) Maturity schedule;
(t) Optional redemption provisions;
(u) The name, title and telephone number of the person completing the Bond Information Form; and
(v) The date the Bond Information Form is completed.
(2) Although the Unit of Local Government is under a continuing duty to provide the report contemplated by this subsection, the Division may, from time to time, request such report from the Unit of Local Government. In the event such a request is made the report shall be forwarded to the Division within one hundred twenty (120) days after any such request.
Rulemaking Authority Florida Statutes § 218.37(2). Law Implemented 218.38(1)(a) FS. History-New 8-10-80, Amended 3-3-83, Formerly 13K-1.03, 13K-1.003.
Terms Used In Florida Regulations 19A-1.003
- Interest rate: The amount paid by a borrower to a lender in exchange for the use of the lender's money for a certain period of time. Interest is paid on loans or on debt instruments, such as notes or bonds, either at regular intervals or as part of a lump sum payment when the issue matures. Source: OCC
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
(b) The name of the bond issue;
(c) The amount of bonds authorized;
(d) The amount of bonds issued;
(e) The dated date, sale date and delivery date of the bond issue;
(f) The legal authority for issuance;
(g) The type and purpose of the issue;
(h) The name, dated date and original par value of prior bond issues refunded by the bonds about which information is being provided;
(i) The specific revenues pledged for payment of debt service on the bonds;
(j) The type of sale;
(k) The basis of interest rate calculation and rate;
(l) Insurance;
(m) Bond ratings;
(n) The financial advisor to the Unit of Local Government in connection with the bond issue;
(o) Bond counsel;
(p) The Managing Underwriter for the bond issue;
(q) Paying agent;
(r) Registrar;
(s) Maturity schedule;
(t) Optional redemption provisions;
(u) The name, title and telephone number of the person completing the Bond Information Form; and
(v) The date the Bond Information Form is completed.
(2) Although the Unit of Local Government is under a continuing duty to provide the report contemplated by this subsection, the Division may, from time to time, request such report from the Unit of Local Government. In the event such a request is made the report shall be forwarded to the Division within one hundred twenty (120) days after any such request.
Rulemaking Authority Florida Statutes § 218.37(2). Law Implemented 218.38(1)(a) FS. History-New 8-10-80, Amended 3-3-83, Formerly 13K-1.03, 13K-1.003.