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University of Florida Research
Agency: Board of Governors of the State University System and the University of Florida
Purpose: The bonds are issued to finance the construction of research facilities, including laboratories, at the University of Florida.
Security:
Pledged Revenues: The bonds are secured by indirect cost reimbursements from federal, state, and private research grants. These bonds do not constitute a general obligation of the State of Florida or the University, and the full faith and credit of the State of Florida is not pledged to payment of these bonds.
Debt Service Reserve Fund: The bonds are not secured by a reserve account.
Lien Status: The bonds have a first lien on the pledged revenues.
Additional Bonds Test: Additional parity bonds may be issued if the average pledged revenues for the two preceding fiscal years are at least 200% of the maximum annual debt service on the outstanding bonds.
Frequency: As needed for additional projects as demand justifies.
Bonds Dated 2023
State of Florida, Board of Governors, University of Florida Research Revenue Bonds, Series 2023A (Taxable) and Series 2023B $49,830,000 (Dated 08/31/2023)
Bonds Dated 2020
State of Florida, Board of Governors University of Florida Clinical Translational Research Building Revenue Refunding Bond, Series 2020A (Taxable) $19,025,000 (Dated 10/14/2020)