ORDER TO SHOW CAUSE HEARING
FLORIDA MUNICIPAL LOAN COUNCIL, a public body corporate and politic pursuant to the Florida Interlocal Cooperation Act of 1969,
Plaintiff,
IN THE CIRCUIT COURT OF THE SECOND JUDICIAL CIRCUIT IN AND FOR LEON COUNTY, FLORIDA
CASE NO. 2025-CA-001796
vs.
THE STATE OF FLORIDA, AND THE SEVERAL PROPERTY OWNERS, TAXPAYERS AND CITIZENS OF THE CITY OF STUART, FLORIDA, THE CITY OF DELAND, FLORIDA, AND THE CITY OF ROCKLEDGE, FLORIDA, INCLUDING NON-RESIDENTS OWNING PROPERTY OR SUBJECT TO TAXATION THEREIN AND ALL OTHERS HAVING OR CLAIMING ANY RIGHT, TITLE, OR INTEREST IN PROPERTY TO BE AFFECTED BY THE ISSUANCE OF THE BONDS HEREIN DESCRIBED, OR TO BE AFFECTED THEREBY,
Defendants.
_________________________________________/
VALIDATION OF NOT TO EXCEED $750,000,000 FLORIDA MUNICIPAL LOAN COUNCIL REVENUE BONDS (VARIOUS SERIES)
ORDER TO SHOW CAUSE
TO: THE STATE OF FLORIDA, THROUGH THE STATE ATTORNEYS FOR THE SECOND JUDICIAL CIRCUIT OF FLORIDA, THE SEVENTH JUDICIAL CIRCUIT OF FLORIDA, THE EIGHTEENTH JUDICIAL CIRCUIT OF FLORIDA, AND THE NINETEENTH JUDICIAL CIRCUIT OF FLORIDA AND TO THE SEVERAL PROPERTY OWNERS, TAXPAYERS, AND CITIZENS OF THE STATE OF FLORIDA AND OF THE CITY OF STUART, FLORIDA, THE CITY OF DELAND, FLORIDA, AND THE CITY OF ROCKLEDGE, FLORIDA, INCLUDING NON-RESIDENTS OWNING PROPERTY OR SUBJECT TO TAXATION THEREIN, AND ALL OTHERS HAVING OR CLAIMING ANY RIGHT, TITLE, OR INTEREST IN PROPERTY TO BE AFFECTED BY THE ISSUANCE OF THE BONDS HEREINAFTER MORE PARTICULARLY DESCRIBED OR TO BE AFFECTED IN ANY WAY THEREBY:
Plaintiff, the Florida Municipal Loan Council ("Plaintiff"), having filed its Complaint for Validation ("Complaint") in this action pursuant to chapter 75, Florida Statutes, seeking to determine the authority of the Plaintiff to issue its Revenue Bonds (Various Series), in the amount of not to exceed $750,000,000 ("Bonds") (a more particular description of the Bonds being contained in the Complaint), to determine the legality of the proceedings had and taken in connection therewith, and the legality of the provisions, covenants, and agreements contained therein and the revenues pledged to the payment thereof, and seeking a judgment of this Court to validate the proceedings for the Bonds, the revenues pledged for the payment thereof, and the Bonds when issued pursuant thereto, and the Complaint now having been presented to this Court, for entry of an Order to Show Cause pursuant to chapter 75, Florida Statutes, and the Court being fully advised in the premises:
IT IS ORDERED AND ADJUDGED that the State of Florida, through the State Attorney of the Second Judicial Circuit of Florida, through its State Attorney for the Seventh Judicial Circuit of Florida, through its State Attorney for the Eighteenth Judicial Circuit of Florida and through its State Attorney for the Nineteenth Judicial Circuit of Florida, and the several taxpayers, property owners, and citizens of the City of Stuart, Florida, the City of DeLand, Florida, and the City of Rockledge, Florida, including non-residents owning property or subject to taxation therein, and others claiming any right, title, or interest in property to be affected by the issuance of the Bonds or to be affected in any way thereby, shall appear on March 4, 2026, at 1:00 p.m. Eastern Time, before the Honorable Judge John C. Cooper to be determined, by remote video conference using the meeting instructions below, and show cause, if any there be, why the prayers of the Complaint should not be granted and why the proceedings for the Bonds when issued pursuant thereto and the revenues pledged to the payment thereof should not be validated and confirmed as requested in the Complaint.
The foregoing hearing in this matter will be conducted remotely using the Zoom videoconferencing platform (www.zoom.us). There are no fees for attending this court hearing via the Zoom videoconferencing platform. The Zoom platform also allows individuals to appear via telephone instead of internet videoconferencing. At the designated hearing time, anyone interested in this bond validation proceeding may participate in the show cause hearing through Zoom at the following internet address:
Topic: 25-CA-1796 Florida Municipal Loan Council vs. State of Florida
Time: March 4, 2026, 1:00 PM Eastern Time
Join Zoom Meeting
https://zoom.us/j/99313193767?pwd=KAY4WYjQswiUt2OaJLj6zLdl1cdcSc.1
Meeting ID: 993 1319 3767
Passcode: 685935
Dial in audio only – 1 786 635 1003
AND IT IS FURTHER ORDERED AND ADJUDGED that this Order to Show Cause be published in the manner required by section 75.06, Florida Statutes.
AND IT IS FURTHER ORDERED AND ADJUDGED that by such publication of this Order to Show Cause all taxpayers, property owners, and citizens of the City of Stuart, Florida, the City of DeLand, Florida, and the City of Rockledge, Florida, including non-residents owning property or subject to taxation therein, and all others having or claiming any right, title, or interest in property to be affected by the issuance of the Bonds or to be affected in any way thereby, or the validity of the Bonds, or of any revenues pledged for payment thereof, or of the proceedings authorizing the issuance of the Bonds, including any remedies provided for their collection, be and they are made parties defendant to this proceeding, and that this Court shall have jurisdiction of them to the same extent as if named as defendants in the Complaint and personally served with process in this cause.
If you are a person with a disability who needs any accommodation in order to participate in this proceeding, you are entitled, at no cost to you, to the provision of certain assistance. Please contact ADA Coordinator, 301 South Monroe Street, Tallahassee, FL 32301, 850.606.4400, at least seven (7) days before your scheduled court appearance, or immediately upon receiving this notification if the time before the scheduled appearance is less than seven (7) days; if you are hearing or voice impaired, call 711.
DONE AND ORDERED in Chambers at Tallahassee, Leon County, Florida, this 24th day of November, 2025.
/s/ JOHN C. COOPER
CIRCUIT JUDGE
January 12, 19 2026
LSAR0423418