Past Newsletters

Vol 2. Issue No. 4

Update on Club Operations  The Country Club continues to operate under Governor DeSantis’ and CDC COVID-19 guidelines. Club management is exercising prudent judgement on re-opening facilities, prioritizing the health and safety of members, guests and employees. An update on current operations and what is open and closed, may be found here  (to   the   Club […]

Seven messages for University Park homeowners/residents

Seven messages for University Park homeowners/residents. Dear Homeowners and Residents, We are all in this together and together through mutual respect and shared values we can fight it.  To those who, in these challenging times, are heading north we wish you safe travel and that you stay virus-free.  For those staying here we request that you follow a voluntary “lockdown” as […]

Vol 2. Issue No. 3

Covid19 Emergency Closings and Limits for Club Facilities To keep everyone as safe as possible, and to comply with State and federal orders and guidance, the following closings and limits were implemented.  The administrative offices are closed to walk-in traffic, and all communication will be via phone or email.  The main phone number for the […]

Vol 2. Issue No. 1

Jim Long Joins the District Board Four candidates applied to join the District Board to replace Supervisor Michael Smith.  All of the applicants were well qualified, and the District appreciates their willingness to serve.  While the decision was difficult in light of the quality of the applicants, the Board appointed Jim Long. Update on the […]

Vol 1. Issue No. 25

Bond Sale Closed and Recreational Facilities Purchased Congratulations are in order!  Last week on 11-21-19, the District closed the Series 2019 Bonds.  With the proceeds the District purchased the Club, Recreational Facilities, and the land today.  The bond sale produced financial results better than originally expected, as published in the bond referendum materials Post-Closing Matters […]

Vol 1. Issue No. 24

Bond Sale Successful! The District successfully sold $24,000,000 of the Series 2019 Bonds at a 3.3% interest rate on Wednesday November 13, 2019. Sale Produced Superior Results Compared to What was Expected The bond sale produced results better than originally projected.  As shown in the “Expected” column of the table below, the RD anticipated selling […]

Vol 1. Issue No. 23

Series 2019 Bond Sale is Launched Yesterday, the District’s finance team officially launched the sale of the District’s Series 2019 Bonds by publishing the Notice of Sale and the Official Statement. Competitive Sale of the Series 2019 Bonds The bonds will be sold competitively in a public auction process using the Parity/BidCOMP competitive bidding system. […]

Vol 1. Issue No. 22

Board Approves Bond Sale At its meeting on October 29, 2019, the Board adopted Resolution 2020-02 authorizing the sale of the District’s Series 2019 Bonds in the amount of $24,000,000.  The sale is scheduled for November 13th.  Under supervision of the Board, the financing team is now putting the documents in final form.  The Board […]

Vol 1. Issue No. 21

Over the past month the UPRD has been diligently working on the details to complete the purchase and sale and transition of the club. The “Devil is in the Details” and the details are being worked through in the “Mutual Cooperation Agreement” between the UPRD and UPCAI and the Bond Issuance and Purchase and Sale […]

Vol 1. Issue No. 20

Board Approves Retention of the Financing Team and Schedule for Bond Sale At its continued meeting on September 24th, the Board approved retention of its financing team including new members: (a) Roosevelt & Cross as Underwriter and (b) Greenberg Traurig as Bond Counsel.  Blalock Walters continues as District Counsel and PFM remains as Financial Advisor […]