The Ave Maria Stewardship Community District board will meet at 9 a.m. Wednesday, May 16, to continue its meeting from May 1.

The purpose of the meeting is to consider the terms of a proposed offering memorandum for refinancing of about $26 million in short-term bonds that become due in November. Copies of the memorandum will be available at the meeting, which is open to the public and will be held in the Master Association offices that also house the fitness center in the town center.

The agenda:

AVE MARIA STEWARDSHIP COMMUNITY DISTRICT
Ave Maria Master Association (office/fitness center)

5076 Annunciation Circle, Suite 103

CONTINUED REGULAR BOARD MEETING

May 1, 2012

9:00 a.m.

A. Call to Order

B. Pledge of Allegiance

C. Proof of Publication

D. Establish Quorum

E. Additions or Deletions to Agenda

F. Comments from the Public for Items Not on the Agenda

G. New Business

2012 Re-Financing of Bond Anticipation Bonds

1. Consider Delegated Award Resolution 2012-03

a. Continuing Disclosure Agreement

b. Second Supplemental Trust Indenture

c. Preliminary Limited Offering Memorandum

d. Bond Purchase Contract

e. Escrow Deposit Agreement

f. Debt Service Reserve Deficiency Funding Agreement

g. Collateral Assignment Agreement

2. Supplemental Methodology – Draft

 - Audience Comment

H. Administrative Matters

1. Legal Report

2. Engineer Report

3. Manager's Report

I. Board Members Comments

J. Adjourn