Direct Support Organizations
The Associate Vice President for Debt and Revenue Management has administrative responsibilities associated with the university’s following Direct Support Organizations (DSOs):
A Direct Support Organization is a subsidiary corporation of the university and is certified by the Board of Trustees to support the mission and goals of the university. See Florida Statute 1004.28 and the DSO Statements of Purpose for further information.
Contact
Debt and Revenue Management
Division of Administration and Finance
University of Central Florida
PO Box 160020
Orlando, FL 32816-0020
407-823-3865
Campus location: Millican Hall, Suite 384
UCF Convocation Corporation
2018 Meeting Schedule
March 2, 3:00 – 4:30 p.m.
Location: MH 395E
May 18, 2:00 – 3:30 p.m.
Location: MH 395E
Special Meeting
October 25, 3:00 – 4:00 p.m.
Location: President’s Boardroom
Optional call in #407-823-0080, Conference ID: 5586811
October 31, 9:00 – 10:30 a.m.
Location: MH 395E
About The Convocation Corporation
The UCF Convocation Corporation was created by the University Board of Trustees to provide a means for financing facilities to meet university needs for large meetings, or convocation space and to provide additional student housing.
The UCF Convocation Corporation also manages a 10,000 seat arena, a renovated venue, and four student housing residence halls. Additionally, the corporation manages two parking garages for the convenience of the resident students, and one parking garage to serve guests of the arena and surrounding venues, such as the baseball and football stadiums. The entity also includes approximately 80,000 square feet of retail space.
These facilities provide lodging for UCF students and retail outlets serving students, faculty, staff, and the general public. Both arenas hosts university events such as graduations, basketball games, concerts, and other forms of entertainment or public gatherings. University events take priority in booking the arena over rentals to outside entities. A facilities management company is used to book and manage events. This management company has oversight provided by employees of the university.
The corporation’s revenues are used to cover debt service and the operation and maintenance of the facilities. Revenues in excess of these needs can be used for other university purposes with the approval of the Board of Trustees.
Board of Directors
Grant Heston, Chair
Dr. Maribeth Ehasz, President
Dr. Manoj Chopra, Director
Tracy Clark, Director
Dr. Daniel J. White, Director
Beverly J. Seay, Director (BOT Representative)
Jordan Clark, Legal Counsel
-vacant-, Secretary & Treasurer
UCF Finance Corporation
2018 Meeting Schedule
February 27, 3:00 – 4:00 p.m.
Location: MH 384
May 15, 10:30 – 11:00 a.m.
Location: MH 384
September 5, 4:00 – 4:30 p.m.
Location: MH 384
October 30, 3:00 – 3:30 p.m.
Location: MH 384
About The Finance Corporation
The UCF Finance Corporation was created by the University Board of Trustees to provide a means for financing the Burnett Biomedical Sciences building and the Medical Education building. After its creation for the purpose of incurring debt and a conduit for servicing that debt, and with no operating revenues or expenses, the university-appointed corporate governing board decided to further use this corporation as a vehicle to facilitate select future financings where there would be no need for the corporation to be involved in the operations of whatever entity was the beneficiary of the financing. Specifically, the articles of incorporation state that “The Corporation is organized and shall be operated exclusively to receive, hold, invest, and administer property and to make expenditure to or for the benefit of the University of Central Florida.”
Board of Directors
Dr. Deborah German, Chair
Dr. Elizabeth Dooley, President
Dr. Thomas O’Neal, Director
Dr. Maribeth Ehasz, Director
Danny Gaekwad, Director (BOT Representative)
Scott Cole, Legal Counsel
-vacant-, Secretary & Treasurer
Documents and Links
Finance Corp Financial Statements
SEC Municipal Advisor Rule
UCF College of Medicine
UCF Stadium Corporation
2018 Meeting Schedule
March 2, 2:00 – 3:00 p.m.
Location: MH 395E
May 14, 11:00 a.m. – 12:00 p.m.
Location: MH 395E
September 6, 2:30 – 3:30 p.m.
Location: MH 395E
November 5, 2:30 – 3:30 p.m
Location: MH 395E
About The UCF Stadium Corporation
The UCF Stadium Corporation, formerly known as the Golden Knights Corporation, was created by the University Board of Trustees to provide a means for financing an on-campus football stadium and athletics building. A series of Certificates of Participation were originally issued to provide construction funds for the stadium. The debt is serviced by revenues generated by stadium events and other revenues pledged by the University of Central Florida Athletics Association. A governing board for this direct support organization was appointed by the university president.
Board of Directors
Grant Heston, Chair
David Albertson, President
Alex Martins, Director (BOT Representative)
Scott Cole, Legal Counsel
-vacant-, Secretary and Treasurer
UNIVERSITY OF CENTRAL FLORIDA
DIVISION OF ADMINISTRATION AND FINANCE
4365 Andromeda Loop N. Orlando, Florida 32816 | 407.823.2351
Web: admfin.ucf.edu | email: admfin@ucf.edu
© University of Central Florida