Gas Utility's $694 Million Bond Issue
Holland & Knight served as bond, tax, special and general counsel to Florida Gas Utility (FGU) in connection with the Florida Gas Utility Gas Supply Acquisition Project No. 2 Revenue Bonds, involving four separate subseries of bonds totaling $694,175,000. FGU entered into gas supply agreements with 16 member municipal utilities, in which each member agreed to take, and pay for, specified quantities of gas tendered for delivery over a period of 20 years.