Securing the Financial Strength of the University
On April 10, 2003, the Florida Gulf Coast University Board of Trustees approved the creation of the Florida Gulf Coast University Financing Corporation as a direct support organization
(Auditor General Rule 10.700) and component unit of the Florida Gulf Coast University.
The Financing Corporation was incorporated on April 11, 2003, as a Florida not-for-profit corporation under the provisions of Chapter 617, as a direct support organization of the university as defined by Florida Statutes Chapter 1004.28.
Operations of the Financing Corporation began July 1, 2003.
| Time, Date and Location are subject to change |
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05/28/2025 Date: Wednesday, May 28, 2025 Time: 11:00am| Location - Edward Hall, Room 309 |
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03/05/2025 Date: Wednesday, March 5, 2025 Time: 11:00am | Location - Edwards Hall, Room 309 |
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12/19/2024 Date: Thursday, December 19, 2024 Time: 1:00pm | Location - Sovi Modular 2, Conference Room |
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12/04/2024 Date: Wednesday, December 04, 2024 Time: 2:00pm | Location - Edwards Hall, Room 309 |
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09/11/2024 Date: Wednesday, September 11, 2024 Time: 11:00am | Location - Edwards Hall, Room 309 |
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05/22/2024 Date: Wednesday, May 22, 2024 Time: 11:00am| Location - Edward Hall, Room 309 |
| Date: Meeting Type |
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December 19, 2024 Board Meeting |
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December 04, 2024 Board Meeting |
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September 11, 2024 Board Meeting |
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May 22, 2024 Board Meeting |
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March 6, 2024 Board Meeting |
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December 14, 2023 Board Meeting |
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December 6, 2023 Board Meeting |
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November 9, 2023 Board Meeting |
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September 27, 2023 Board Meeting |
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June 20, 2023 Board Meeting |
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March 8, 2023 Board Meeting |
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February 3, 2023 Board Meeting |
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December 7, 2022 Regular Board Meeting |
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November 3, 2022: Special Board Meeting |
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October 7, 2022: Special Board Meeting |
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October 6, 2022: Regular Board Meeting |
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August 15, 2022: Special Board Meeting |
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August 1, 2022: Special Board Meeting |
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June 8, 2022: Regular Board Meeting |
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April 25, 2022: Bond Refinancing Meeting |
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March 9, 2022: Regular Board Meeting |
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January 25, 2022: Teleconference Workshop |
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December 1, 2021: Regular Board Meeting |
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October 21, 2021: Emergency Board Meeting |
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September 22, 2021: Regular Board Meeting |
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June 9, 2021: Regular Board Meeting |
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March 10, 2021: Regular Board Meeting |
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February 22, 2021: Teleconference Call |
| Date: Meeting Type |
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November 30, 2020: Regular Board Meeting via Conference Call |
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September 23, 2020: Regular Board Meeting via Conference Call |
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June 10, 2020: Regular Board Meeting via Conference Call |
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March 11, 2020: Regular Board Meeting |
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March 27, 2020: Teleconference Call |
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December 4, 2019: Regular Board Meeting |
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November 8, 2019: Teleconference Call |
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September 24, 2019: Regular Board Meeting |
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July 23, 2019: Teleconference Call |
| Name | Position |
|---|---|
| Joseph R. Catti | Chairman |
| Steve S. McIntosh | Secretary |
| Larry D. Hart | Treasurer |
| Richard Eide Jr. | Director |
| James Knupp | Director |
| Martin M. Wasmer | Director |
| Aysegul Timur, Ph.D. |
University President |
Current Solicitations
It is the responsibility of the vendor to make themselves knowledgeable about the dates and times specified in the solicitation. Addenda are issued by the Florida Gulf Coast University Financing Corporation only. Solicitation responses will only be accepted in the manner and time specified in the solicitation.
Invitation To Negotiate (ITN) for Underwriter Services to refund the outstanding Series 2013A Capital Improvement Revenue Bonds.
All ITN responses are due no later that 4:00 p.m. on June 9, 2022 and all questions should be submitted prior to June 2, 2022. Please send all inquires to Bjorn Reigle at reigleb@pfm.com and Tiffany Pham at phamt@pfm.com.
Failure to timely file a protest or failure to timely deliver the required bond or other security in accordance with the Board of Governors (BOG) Regulations 18.002 and 18.003 shall constitute a waiver of Protest Proceedings.
The Financing Corporation was established to receive, hold, invest, and administer property and to make expenditures to or for the exclusive benefit of (i) the university or (ii) a research and development park or research and development authority affiliated with the university and organized under Part V or Chapter 159 of Florida Statutes. Operating revenues and expenses generally include only fiscal transactions directly related to these activities. Included in non-operating revenues is investment income. The Financing Corporation also has the authority to issue bonds and other forms of indebtedness upon the approval of the university's Board of Trustees, as well as to enter into agreements to finance, design, construct, lease, purchase and/or operate facilities necessary and desirable to serve the needs of the university.
Specifically, the operations of the Financing Corporation consist of contracting for the design and construction of student residential housing, parking facilities and certain other projects as well as the issuance of bonded debt to finance construction when appropriate. As such, the Financing Corporation supervises and accounts for the respective construction.
The governing body of the Financing Corporation is its Board of Directors. The Board is composed of at least five (5) directors. The Financing Corporation is managed, supervised and controlled by its Board, subject to applicable law and the powers and duties reserved to the Florida Gulf Coast University Board of Trustees and the President of Florida Gulf Coast University.
