Machine transcription of 283 recorded meetings — 9% of decided items have one. Speaker names are inferred from voice and can be wrong.
- P71A Resolution Of The Board Of County Commissioners Of Pasco County, Florida Approving The Issuance Of Its Florida Hospital Revenue Bonds (H. Lee Moffitt Cancer Center Project), Series 2023B, In An Aggregate Principal Amount Not To Exceed $200,000,000.00, Which Will Be Used For The Purpose Of Financing And Refinancing The Acquisition, Development, Construction, Equipping, Furnishing, And Improvement Of Medical Facilities Located Within Pasco County, Florida and Hillsborough County, Florida And Certain Other Matters Relating Thereto; And Providing An Effective Date.
Mariano For purposes of the record, uh Brian Miller and Olive is actually bond counsel to Moffitt for this transaction. They are normally your bond counsel, but we've given them a conflict. waver um since we're all sort of on the same side. I guess
- P45A Resolution Of The Board Of County Commissioners Of Pasco County, Florida (Regular) Authorizing The Issuance Of Not To Exceed $400,000,000 In Aggregate Principal Amount Of Pasco County, Florida Capital Improvement Cigarette Tax Allocation Bonds (H. Lee Moffitt Cancer Center Project), Series 2023A (The "Series 2023A Bonds"), For The Purpose Of Making A Loan Of Funds To H. Lee Moffitt Cancer Center And Research Institute, Inc. (The "Institute") To Finance And Refinance, Including Through Reimbursement, The Acquisition, Development, Construction, Equipping, Furnishing And Improvement Of Various Medical And Research Facilities, Which Is Or Will Be Owned And Operated By The Institute And/Or The H. Lee Moffitt Cancer Center And Research Institute Hospital, Inc., A Florida Not-For-Profit Corporation (The "Hospital"); Providing For The Rights Of The Owners Of Such Series 2023A Bonds And For The Payment Thereof; Making Certain Other Covenants And Agreements In Connection With The Issuance Of Such Series 2023A Bonds; Authorizing A Negotiated Sale Of Such Series 2023A Bonds; Providing Certain Terms And Details Of Said Series 2023A Bonds, Including Confirming The Sale Thereof And Providing For The Manner For Establishing The Interest Rate Or Rates Thereon And Establishing The Maturities Thereof; Authorizing The Use Of A Preliminary Official Statement And A Final Official Statement With Respect Thereto; Authorizing The Execution And Delivery Of A Contract Of Purchase, A Supplemental Trust Agreement And A Supplemental Financing Agreement; Approving And Authorizing The Execution And Delivery Of The Series 2023A Bonds And All Other Related Instruments Including, Without Limitation, A Tax Certificate And Agreement; Approving The Plan Of Financing And Issuance Of The Series 2023A Bonds For Purposes Of And Pursuant To Section 147(F) Of Internal Revenue Code Of 1986, As Amended; Appointing A Trustee, Registrar And Paying Agent; Providing For Other Miscellaneous Matters In Connection With The Foregoing; Providing For The Severability Of Parts Hereof If Declared Invalid; And Providing An Effective Date.
Bob share of the state cigarette tax revenues. IRS requires that this conduit bond be approved by the County Commission, which includes finding that the Moffitt project is indeed in the public interest, and IRS regulations also require a public hearing. So Moffat today is seeking to borrow up to $400 million. The purpose of those funds is to start the construction of its medical and research facilities at its Spiro's campus in Pasco County. We have a number of folks here that are available to answer questions for you if you have any. There's myself, Mr. Steinsnyder's been uh actively involved in this project. We have Dwayne Draper and Brooke Gonzalez from BMO, Brian Miller Olive representing Moffat. And we have four representatives of Moffat itself here. So we have David Dave, David De La Puerta, Executive Vice President, General Counsel, Henry Reyes, Vice President for Partnership Development, Joanna Weiss, Senior Vice President for
- P71A Resolution Of The Board Of County Commissioners Of Pasco County, Florida Approving The Issuance Of Its Florida Hospital Revenue Bonds (H. Lee Moffitt Cancer Center Project), Series 2023B, In An Aggregate Principal Amount Not To Exceed $200,000,000.00, Which Will Be Used For The Purpose Of Financing And Refinancing The Acquisition, Development, Construction, Equipping, Furnishing, And Improvement Of Medical Facilities Located Within Pasco County, Florida and Hillsborough County, Florida And Certain Other Matters Relating Thereto; And Providing An Effective Date.
Several speakers Weightman: Second.
- P71A Resolution Of The Board Of County Commissioners Of Pasco County, Florida Approving The Issuance Of Its Florida Hospital Revenue Bonds (H. Lee Moffitt Cancer Center Project), Series 2023B, In An Aggregate Principal Amount Not To Exceed $200,000,000.00, Which Will Be Used For The Purpose Of Financing And Refinancing The Acquisition, Development, Construction, Equipping, Furnishing, And Improvement Of Medical Facilities Located Within Pasco County, Florida and Hillsborough County, Florida And Certain Other Matters Relating Thereto; And Providing An Effective Date.
Several speakers Mariano: P seventy one is yours, Bob.
- P71A Resolution Of The Board Of County Commissioners Of Pasco County, Florida Approving The Issuance Of Its Florida Hospital Revenue Bonds (H. Lee Moffitt Cancer Center Project), Series 2023B, In An Aggregate Principal Amount Not To Exceed $200,000,000.00, Which Will Be Used For The Purpose Of Financing And Refinancing The Acquisition, Development, Construction, Equipping, Furnishing, And Improvement Of Medical Facilities Located Within Pasco County, Florida and Hillsborough County, Florida And Certain Other Matters Relating Thereto; And Providing An Effective Date.
Several speakers Mariano: Um that's good.
- P71A Resolution Of The Board Of County Commissioners Of Pasco County, Florida Approving The Issuance Of Its Florida Hospital Revenue Bonds (H. Lee Moffitt Cancer Center Project), Series 2023B, In An Aggregate Principal Amount Not To Exceed $200,000,000.00, Which Will Be Used For The Purpose Of Financing And Refinancing The Acquisition, Development, Construction, Equipping, Furnishing, And Improvement Of Medical Facilities Located Within Pasco County, Florida and Hillsborough County, Florida And Certain Other Matters Relating Thereto; And Providing An Effective Date.
Bob and Moffat is not borrowing the money from Pasco County. We have two representatives from Moffat with us here today: Joanna Weiss and Jonathan Ruth. We have Brooke Gonzalez and Dwayne Draper from Bryant Miller Olive, who was the County's Bond Council. Of course, Mr. Steiners being actively involved in this case if you have any questions. And before we get to questions, I'd like to ask that the County Commission open this up for public hearing.
- P71A Resolution Of The Board Of County Commissioners Of Pasco County, Florida Approving The Issuance Of Its Florida Hospital Revenue Bonds (H. Lee Moffitt Cancer Center Project), Series 2023B, In An Aggregate Principal Amount Not To Exceed $200,000,000.00, Which Will Be Used For The Purpose Of Financing And Refinancing The Acquisition, Development, Construction, Equipping, Furnishing, And Improvement Of Medical Facilities Located Within Pasco County, Florida and Hillsborough County, Florida And Certain Other Matters Relating Thereto; And Providing An Effective Date.
Several speakers Starkey: We do have to. I do I'm sorry, I do have uh two individuals signed up, David Halby and Jim Hammond.
- P71A Resolution Of The Board Of County Commissioners Of Pasco County, Florida Approving The Issuance Of Its Florida Hospital Revenue Bonds (H. Lee Moffitt Cancer Center Project), Series 2023B, In An Aggregate Principal Amount Not To Exceed $200,000,000.00, Which Will Be Used For The Purpose Of Financing And Refinancing The Acquisition, Development, Construction, Equipping, Furnishing, And Improvement Of Medical Facilities Located Within Pasco County, Florida and Hillsborough County, Florida And Certain Other Matters Relating Thereto; And Providing An Effective Date.
Several speakers Mariano: close public comment. May have a motion to approve item P seventy one.
- P71A Resolution Of The Board Of County Commissioners Of Pasco County, Florida Approving The Issuance Of Its Florida Hospital Revenue Bonds (H. Lee Moffitt Cancer Center Project), Series 2023B, In An Aggregate Principal Amount Not To Exceed $200,000,000.00, Which Will Be Used For The Purpose Of Financing And Refinancing The Acquisition, Development, Construction, Equipping, Furnishing, And Improvement Of Medical Facilities Located Within Pasco County, Florida and Hillsborough County, Florida And Certain Other Matters Relating Thereto; And Providing An Effective Date.
Several speakers Starkey: We do not have anyone signed up for this one or on WebEx.
- P71A Resolution Of The Board Of County Commissioners Of Pasco County, Florida Approving The Issuance Of Its Florida Hospital Revenue Bonds (H. Lee Moffitt Cancer Center Project), Series 2023B, In An Aggregate Principal Amount Not To Exceed $200,000,000.00, Which Will Be Used For The Purpose Of Financing And Refinancing The Acquisition, Development, Construction, Equipping, Furnishing, And Improvement Of Medical Facilities Located Within Pasco County, Florida and Hillsborough County, Florida And Certain Other Matters Relating Thereto; And Providing An Effective Date.
Several speakers Mariano: Okay. Does the applicant wish to speak to this item?
- P71A Resolution Of The Board Of County Commissioners Of Pasco County, Florida Approving The Issuance Of Its Florida Hospital Revenue Bonds (H. Lee Moffitt Cancer Center Project), Series 2023B, In An Aggregate Principal Amount Not To Exceed $200,000,000.00, Which Will Be Used For The Purpose Of Financing And Refinancing The Acquisition, Development, Construction, Equipping, Furnishing, And Improvement Of Medical Facilities Located Within Pasco County, Florida and Hillsborough County, Florida And Certain Other Matters Relating Thereto; And Providing An Effective Date.
Several speakers Mariano: No. Okay. Madam Clerk, there's a pu this is a public hearing. Do we have anyone signed up?
- Moffat Cancer Center and small businesses
Bradford Thank you, Mr. Chairman Mariano. What an exciting time to be in District Four with Moffat Cancer Center. Uh the Lord has been blessing me with that. Uh I uh Got a little story to tell you about Lee Moffat. Many, many years ago I had a different job, he had a different job and Yeah, a flat tire on I two seventy five heading up or seventy five heaving heading up to Tallahassee to become a the Speaker of the House. I pulled over and I helped the guy change his tire. Probably the wisest thing I ever did. And now look at us. So I uh I thought about that the other day and uh Moffat is gonna transform Pasco. Just think of the excitement if we find a cure or when we find a cure for cancer right here in Pasco County. That will change lives. That will extend far beyond us up here. You down there, our kids Our grandkids and We all should