8-K 1 form8krelandpurchase.htm 8-K LAND PURCHASE FPUC/Form 8-K re compensation

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

______________

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15 (d) of the

Securities Exchange Act of 1934

Date of Report (Date of earliest event

reported): March 16, 2007

Florida Public Utilities Company

(Exact Name of Registrant as Specified in Charter)

Florida

 

001-10608

 

59-0539080

(State or Other

Jurisdiction of Incorporation)

 

(Commission

File Number)

 

(I.R.S. Employer

Identification No.)



 

401 South Dixie Highway, West Palm Beach, Florida 33401

(Address of Principal Executive Offices and Zip Code)

 

 

(561) 832-0872

Registrant’s telephone number, including area code



Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))



Item 1.01.  Entry Into A Material Definitive Agreement


On March 16, 2007, Florida Public Utilities Company (the “Company”) entered into a land purchase agreement with Watertower Business Park, L.L.C. to acquire 6.22 acres of land on Water Tower Road in Lake Park, Florida.  The purchase price is $3,443,125.  The transaction is anticipated to close on or before May 15, 2007.  The Company expects to use its line of credit facility as the source of funds to pay the purchase price.  



SIGNATURE


Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.


 

 

 

Florida Public Utilities Company

 

 

 

(Registrant)

 

 

 


Date:

  March 21, 2007

 

By:  /s/ George M Bachman

 

 

 

Name: George M. Bachman

Title: CFO, Treasurer & Corporate Secretary