Certificates of Participation Series 2006

(New College of Florida Development Corporation Master Lease Program), Series 2006
Evidencing an Undivided Proportionate Interest of the Owners thereof in Basic Rent Payments to be made under a Master-Lease Purchase Agreement by the New College of Florida Development Corporation

LEGISLATION
1. Certified copy of a Resolution of the Development Corporation declaring intent to
finance expenditures adopted January 19, 2006
2. Certified copy of Resolution No. D C 3-15 of the Development Corporation authorizing
the issuance of the Series 2006 Certificates and related matters adopted March 15, 2006
3. Certified copy of Resolution No. P C 3-15-B of the Property Corporation authorizing
the issuance of the Series 2006 Certificates and related matters adopted March 15, 2006
4. Certified copy of a Resolution of the Board of Trustees of New College of Florida
regarding the Lease-Purchase of certain capital projects by the Development
Corporation and related matters adopted February 11, 2006
5. Copy of resolutions of the Board of Governors and the State Board of Education
authorizing the Redemption of the Series 1996B Bonds and related matters adopted on
April 27, 2006 and April 18, 2006, respectively
6. Copy of Resolutions of the Board of Governors and the State Board of Education
authorizing the Redemption of the Series 1998 Bonds and related matters adopted
April 27, 2006 and April 18, 2006, respectively

FINANCING DOCUMENTS
7. Lease between Sarasota-Manatee Airport Authority and the University
8. Ground Lease Agreement between the University and the Property Corporation
9. Master Lease Purchase Agreement
10. Lease Schedule No. 2006
11. Memorandum of Lease and Notice of Option
12. Master Trust Agreement among the Development Corporation, the Property
Corporation and SunTrust Bank, as Trustee
13. Series 2006 Supplemental Trust Agreement among the Development Corporation, the
Property Corporation and SunTrust Bank, as Trustee
14. Series 2006 Assignment Agreement between the Property Corporation and the Trustee
15. Assignment of Leases, Rents, Profits and Contracts from the Development Corporation
to the Trustee
16. Collateral Assignment of Contracts from the University to the Trustee
17. Facilities Sublease and Management Agreement between the Development
Corporation and the University
18. Escrow Deposit Agreement by and between the University and SunTrust Bank, as
Escrow Holder
19. Remarketing Agreement

OFFERING AND SALE DOCUMENTS
20. Series 2006 Certificate Purchase Agreement, dated April 6, 2006, among the
Development Corporation, the Property Corporation, the University and SunTrust
Capital Markets, Inc. (with appendices, including Underwriter’s disclosure statement)
21. Rule 15~2-12 Certificate of the University and the Development Corporation
22. Official Statement dated April 6, 2006
23. Rating Agency Letters
24. Certificate as to Authentication, Delivery and Payment and Instructions as to
Application of Proceeds and Closing Statement
25. Certificate of Delivery and Payment and Application of Funds
26. Specimen Certificate

DOCUMENTS WITH RESPECT TO THE CREDIT FACILITY
27. Copy of Letters of Credit
28. Letter of Credit Agreement

DOCUMENTS WITH RESPECT TO THE DEVELOPMENT CORPORATION
29. Officer’s Certificate of the Development Corporation (including Articles and Bylaws)
30. Certificate of Good Standing
31. Incumbency and Signature Certificate
32. Tax Compliance Certificate

DOCUMENTS WITH RESPECT TO THE PROPERTY CORPORATION
33. Officer’s Certificate of Property Corporation (including Articles and Bylaws)
34. Certificate of Good Standing
35. Incumbency and Signature Certificate

DOCUMENTS WITH RESPECT TO THE UNIVERSITY
36. Certificate of the University

CERTIFICATES WITH RESPECT TO THE TRUSTEE
37. Certificate of Authority and Incumbency

CLOSING CERTIFICATES AND OPINIONS
38. Opinion of Counsel for SunTrust Bank
39. Approving Opinion of Special Counsel
40. Reliance Letter of Special Counsel
41. Supplemental Opinion of Special Counsel
42. Opinion of Counsel to Development Corporation
43. Opinion of Counsel to Property Corporation
44. Opinion of Disclosure Counsel
45. Opinion of General Counsel for the University

DOCUMENTS RELATED TO THE INTEREST RATE SWAP
46. Master ISDA
47. Confirmation
48. Hedge Certificate

MISCELLANEOUS
49. Form of Requisition from Costs of Issuance Subaccount
50. Proof of Notice of Sale to Division of Bond Finance
51. BF2003 and BF2004
52. IRS Form 8038-G
53. DTC Blanket Issuer Letter of Representation
54. PFM Closing Memorandum
55. Verification Report
 

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