UNF Board of TrusteesLease Modification Agreement • May 2nd, 2013 • Florida
Contract Type FiledMay 2nd, 2013 JurisdictionThe State of Florida Board of Trustees of the Internal Improvement Trust Fund leased lands to the Florida Board of Regents (BOR) on Oct 7, 1971; December 19, 1985; and May 7, 1997 for the UNF campus. The Florida Board of Education (FLBOE) succeeded the BOR and were the recipient of a type two statutory transfer from the BOR. On January 7, 2003, the Florida Statutes that created the FLBOE were repealed and the FLBOE was dissolved and no successor was named for universities. The University Board of Trustees were created and designed as the public body corporate with the power to own real property. The Lease Modification Agreement provides for the transfer of the existing lease between the State of Florida Board of Trustees of the Internal Improvement Trust Fund and the non-existent BOR/FLBOE to the University of North Florida Board of Trustees. This agreement has been examined and supported by the Finance and Audit Committee.