Right of Way Acquisition and Bridge Construction
Agency: Department of Transportation
Purpose: The bonds are issued to finance the acquisition of right-of-way for state roads and to finance state bridge construction.
Security:
Pledged Revenues: The bonds are payable primarily from certain motor fuel and diesel fuel taxes transferred to the State Transportation Trust Fund subject to the deduction of certain legislatively imposed fees and charges. The bonds are additionally secured by the full faith and credit of the State of Florida.
Debt Service Reserve Fund: No debt service reserve fund is required for right-of-way acquisition and bridge construction bonds.
Lien Status: The bonds have a first lien on the pledged motor fuel and diesel fuel taxes.
Additional Bonds Test: Additional bonds may be issued so long as the pledged revenues exceed 111 percent of the annual debt service for all outstanding bonds and the proposed additional bonds.
Bonds Dated 2025
State of Florida, Full Faith and Credit, Department of Transportation Right-of-Way Acquisition and Bridge Construction Bonds, Series 2025B $238,215,000 (Dated 08/28/2025)
State of Florida, Full Faith and Credit, Department of Transportation, Right-of-Way Acquisition and Bridge Construction Bonds, Series 2025A $138,695,000 (Dated 01/30/2025)
State of Florida, Full Faith and Credit, Department of Transportation, Right-of-Way Acquisition and Bridge Construction Bonds, Series 2025A $138,695,000 (Dated 01/30/2025)
Bonds Dated 2021
State of Florida, Full Faith and Credit, Department of Transportation Right-of-Way Acquisition and Bridge Construction Refunding Bond, Series 2021B $145,880,000 (Dated 04/08/2021)
State of Florida, Full Faith and Credit, Department of Transportation Right-of-Way Acquisition and Bridge Construction Refunding Bond, Series 2021A $183,810,000 (Dated 04/08/2021)
State of Florida, Full Faith and Credit, Department of Transportation Right-of-Way Acquisition and Bridge Construction Refunding Bond, Series 2021A $183,810,000 (Dated 04/08/2021)
Bonds Dated 2019
State of Florida, Full Faith and Credit, Department of Transportation Right-of-Way Acquisition and Bridge Construction Bonds, Series 2019B $184,500,000 (Dated 08/22/2019)
State of Florida, Full Faith and Credit, Department of Transportation Right-of-Way Acquisition and Bridge Construction Refunding Bonds, Series 2019A $240,695,000 (Dated 04/04/2019)
State of Florida, Full Faith and Credit, Department of Transportation Right-of-Way Acquisition and Bridge Construction Refunding Bonds, Series 2019A $240,695,000 (Dated 04/04/2019)
Bonds Dated 2018
State of Florida, Full Faith and Credit, Department of Transportation Right-of-Way Acquisition and Bridge Construction Bonds, Series 2018B $245,280,000 (Dated 07/19/2018)
State of Florida, Full Faith and Credit, Department of Transportation Right-of-Way Acquisition and Bridge Construction Bonds, Series 2018A $99,990,000 (Dated 06/07/2018)
State of Florida, Full Faith and Credit, Department of Transportation Right-of-Way Acquisition and Bridge Construction Bonds, Series 2018A $99,990,000 (Dated 06/07/2018)
Bonds Dated 2016
State of Florida, Full Faith and Credit, Department of Transportation Right-of-Way Acquisition and Bridge Construction Bonds, Series 2016B $92,520,000 (Dated 07/21/2016)
State of Florida, Full Faith and Credit, Department of Transportation Right-of-Way Acquisition and Bridge Construction Refunding Bonds, Series 2016A $165,820,000 (Dated 05/05/2016)
State of Florida, Full Faith and Credit, Department of Transportation Right-of-Way Acquisition and Bridge Construction Refunding Bonds, Series 2016A $165,820,000 (Dated 05/05/2016)