Opening your account is simple and straightforward. Depending on your existing investment policy, participants may join FLSAFE by either of two methods (Option A or Option B). Please call FL SAFE at 855-202-9650 and we will assist you through this process. |
We encourage you to carefully review the above referenced documents with your counsel. |
After the documents are executed, please send to: |
Jeff Larson FMAS FLSAFE Administrator 10151 University Blvd. #227 Orlando, FL 32817 Attn: FL SAFE Email: jlarson@floridamanagementservices.com Telephone: 407-496-1597 |
1. Review the Indenture of Trust; FL SAFE Information Statement |
The Indenture of Trust is a contract among the participants regarding the pooling of their assets for investment purposes. This document also describes the operational guidelines, permitted investments, limitations on liability, share information, issues related to the Trustees and Officers, net asset value determination and custodian duties. |
FL SAFE Indenture of Trust FL SAFE Information Statement |
2. ADopt the instrument of adoption |
Under Florida Statues, Section 218.415, Florida governments have the power to invest in any intergovernmental investment pool authorized pursuant to the Florida Interlocal Cooperation Act, as provided in Section 163.01 of the Florida Statutes. The Indenture of Trust is an interlocal agreement under Section 163.01. The Instrument of Adoption must be signed by the finance director, treasurer, chief financial officer or other local official who is properly authorized to invest public funds of your entity. |
FL SAFE Instrument of Adoption |
3. Fill out the FL SAFE account form |
The account form identifies the authorized signers on the account, account number and bank information. This document is available to Participants only and is password protected. Please contact FL SAFE at 855-202-9650 to obtain access to this document. |
FL SAFE Account Form |
1. Review the Indenture of Trust |
The Indenture of Trust is a contract among the participants regarding the pooling of their assets for investment purposes. This document also describes the operational guidelines, permitted investments, limitations on liability, share information, issues related to the Trustees and Officers, net asset value determination and custodian duties. |
FL SAFE Indenture of Trust |
2. Approve an Authorizing Resolution |
Some participants may wish to become a party to the Indenture of Trust and investment in FL SAFE by formal action of their governing board or council. The attached model resolution effects a specific approval of the execution of the Indenture of Trust and investment in FL SAFE. This document must be signed by an individual of the board, commission or council of the governing body. |
FL SAFE Model Resolution |
3. ADopt the instrument of adoption |
Under Florida Statues, Section 218.415, Florida governments have the power to invest in any intergovernmental investment pool authorized pursuant to the Florida Interlocal Cooperation Act, as provided in Section 163.01 of the Florida Statutes. The Indenture of Trust is an interlocal agreement under Section 163.01. The Instrument of Adoption must be signed by the finance director, treasurer, chief financial officer or other local official who is properly authorized to invest public funds of your entity. |
FL SAFE Instrument of Adoption |
4. Fill out the FL SAFE account form |
The account form identifies the authorized signers on the account, account number and bank information. This document is available to Participants only and is password protected. Please contact FL SAFE at 855-202-9650 to obtain access to this document.t. |
FL SAFE Account Form |