GOVERNOR APPOINTS THREE TO FLORIDA DEVELOPMENT FINANCE CORP

Publish Date: 
Tuesday, March 31, 2015 - 9:15am

TCPalm
TALLAHASSEE - Gov. Rick Scott on Friday announced three appointments to the Florida Development Finance Corp.

The quasi-governmental agency in August agreed to issue $1.75 billion in tax-free bonds to All Aboard Florida, but later discovered that its board members’ terms had expired.

The governor’s appointments could allow FDFC to resume its work immediately — including revisiting bonds for the private, passenger rail project.

Appointments are subject to Florida Senate confirmation but the governor’s appointees can serve in the interim, according to a spokeswoman for state Senate President Andy Gardiner.

The governor has nominated:

Daniel Davis, 42, president and chief executive officer of the Jacksonville Chamber of Commerce.
Kevin Hale, 61, the Naples-based executive vice president, director of wealth management and chief lending officer with Mutual of Omaha Bank.
Frank White, 36, the Pensacola-based general counsel and business analyst for Sandy Sansing Dealerships.

Davis and Hale take over seats that expire in May 2018. White’s term would expire a year earlier.

The FDFC traditionally has five members, but has the authority to perform its duties with three members.

Only Hale was included in a list of five nominations submitted by FDFC to the governor earlier this month, according to FDFC records.