FGCU Financing Corporation

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


Date: Wednesday, May 28, 2025

Time: 11:00am| Location - Edward Hall, Room 309


Date: Wednesday, March 5, 2025

Time: 11:00am  | Location - Edwards Hall, Room 309


Date: Wednesday, December 04, 2024

Time: 2:00pm | Location Edwards Hall, Room 309


Date: Wednesday, September 11, 2024

Time: 11:00am | Location Edwards Hall, Room 309


Date: Wednesday, May 22, 2024

Time: 11:00am| Location - Edward Hall, Room 309

Date: Meeting Type

May 22, 2024 Board Meeting

March 6, 2024 Board Meeting

December 14, 2023 Board Meeting

December 6, 2023 Board Meeting

November 9, 2023 Board Meeting

September 27, 2023 Board Meeting

June 20, 2023 Board Meeting

March 8, 2023 Board Meeting

February 3, 2023 Board Meeting

December 7, 2022 Regular Board Meeting

November 3, 2022: Special Board Meeting

October 7, 2022: Special Board Meeting

October 6, 2022: Regular Board Meeting

August 15, 2022: Special Board Meeting

August 1, 2022: Special Board Meeting

June 8, 2022: Regular Board Meeting

April 25, 2022: Bond Refinancing Meeting 

March 9, 2022: Regular Board Meeting

January 25, 2022: Teleconference Workshop

December 1, 2021: Regular Board Meeting 

October 21, 2021: Emergency Board Meeting

September 22, 2021: Regular Board Meeting

June 9, 2021: Regular Board Meeting 

March 10, 2021: Regular Board Meeting

February 22, 2021: Teleconference Call  

Date: Meeting Type

November 30, 2020: Regular Board Meeting via Conference Call

September 23, 2020: Regular Board Meeting via Conference Call

June 10, 2020: Regular Board Meeting via Conference Call

March 11, 2020: Regular Board Meeting

March 27, 2020: Teleconference Call

December 4, 2019: Regular Board Meeting

November 8, 2019: Teleconference Call

September 24, 2019: Regular Board Meeting

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.

Letter of Intent

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.