FINANCIAL_SERVICESONGOING

Trustee Confirms Compliance of Internal Loan Transfer

New College of Florida confirmed with U.S. Bank, the trustee for its existing housing auxiliary debt, that a planned $2.5 million internal loan transfer from housing reserves to athletics would not violate any bond covenants. The State University System Board of Governors is being asked to approve use of auxiliary funds for an internal loan to complete a new baseball field.

Status
ONGOING
Document date
June 24, 2026
Contract type
FINANCIAL_SERVICES
Vendor
U.s. Bank
Agency
Florida BOG |Budget and Finance Committee · FL

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract type
FINANCIAL_SERVICES
Renewal
Ongoing trustee engagement for existing auxiliary debt; no specific renewal or amendment is described in this agenda item.
Document type
Agenda
Source document
State University System of Florida Board of Governors Budget and Finance Committee Agenda New College of Florida, Auxiliary Revenues for Athletics 2026-06-25

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Florida BOG |Budget and Finance Committee?

U.s. Bank was awarded this financial services contract by Florida BOG |Budget and Finance Committee, as recorded on June 24, 2026.

What type of contract is this?

This is a Financial Services contract, documented as a agenda record.

Where was this contract approved?

This contract appears in State University System of Florida Board of Governors Budget and Finance Committee Agenda New College of Florida, Auxiliary Revenues for Athletics 2026-06-25 (Agenda), dated June 24, 2026 from Florida BOG |Budget and Finance Committee. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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