TAX EXEMPT SECURITIES TRUST FLORIDA TRUST 99
S-6, 2001-01-19
Previous: TAX EXEMPT SECURITIES TRUST FLORIDA TRUST 98, S-6, 2001-01-19
Next: VAN KAMPEN FOCUS PORTFOLIOS SERIES 269, 487, 2001-01-19





    AS FILED WITH THE SECURITIES AND EXCHANGE COMMISSION ON JANUARY 19, 2001
                                                         REGISTRATION NO. 333-


                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549
                               ------------------

                                    FORM S-6
                               ------------------

                    FOR REGISTRATION UNDER THE SECURITIES ACT
                    OF 1933 OF SECURITIES OF UNIT INVESTMENT
                        TRUSTS REGISTERED ON FORM N-8B-2
                               ------------------

A.         EXACT NAME OF TRUST:

                     TAX EXEMPT SECURITIES TRUST, FLORIDA TRUST 99
                     (A UNIT INVESTMENT TRUST)

B.         NAME OF DEPOSITOR:                   SALOMON SMITH BARNEY INC.

C.         COMPLETE ADDRESS OF DEPOSITOR'S PRINCIPAL EXECUTIVE OFFICES:

                                               SALOMON SMITH BARNEY INC.
                                               388 GREENWICH STREET, 23RD FLOOR
                                               NEW YORK, NY  10013

D.         NAMES AND COMPLETE ADDRESS OF AGENT FOR SERVICE:

                                           COPY OF COMMENTS TO:
  MICHAEL KOCHMANN                         MICHAEL R. ROSELLA, ESQ.
  Salomon Smith Barney Inc.                Paul, Hastings, Janofsky & Walker LLP
  7 World Trade Center                     399 Park Avenue
  New York, New York  10048                New York, New York  10022
                                           (212) 318-6000

E.         TITLE OF SECURITIES BEING REGISTERED:
                     An  indefinite  number  of  Units  of  Beneficial  Interest
                     pursuant  to Rule 24f-2  promulgated  under the  Investment
                     Company Act of 1940, as amended.

F.         APPROXIMATE DATE OF PROPOSED PUBLIC OFFERING:
                     As soon as practicable after the acquisition and deposit of
                     the underlying obligations.


The registrant hereby amends this  registration  statement on such date or dates
as may be necessary to delay its effective date until the registrant  shall file
a further amendment which specifically  states that this registration  statement
shall  thereafter  become  effective  in  accordance  with  Section  8(a) of the
Securities  Act of  1933  or  until  the  registration  statement  shall  become
effective on such date as the Commission,  acting pursuant to said section 8(a),
may determine.

365071.1

<PAGE>



            SUBJECT TO COMPLETION, PROSPECTUS DATED JANUARY 19, 2001



                                               TAX EXEMPT SECURITIES TRUST
                                                          FLORIDA TRUST 99
                                                 (A UNIT INVESTMENT TRUST)


           A final prospectus for a prior Series of Tax Exempt  Securities Trust
is hereby incorporated by reference and used as a preliminary prospectus for Tax
Exempt Securities Trust Series, Florida Trust 99. Except as indicated below, the
narrative  information and structure of the final  prospectus which includes the
new Trust will be  substantially  the same as that of the  previous  prospectus.
Although the previous prospectus includes the specific trusts indicated therein,
the specific trusts included with this new Trust when deposited will differ from
such previous trusts. Information with respect to this Trust, including pricing,
the size and  composition  of the Trust  portfolio,  the  number of units of the
Trust, dates and summary information regarding the characteristics of securities
to be deposited  in the Trust is not now  available  and will be different  from
that shown since each trust has a unique portfolio. Accordingly, the information
contained  herein with regard to the previous  Trusts  should be  considered  as
being included for informational purposes only. The estimated current return and
long-term  return for the Trust will depend on the  interest  rates and offering
side  evaluation  of the  securities in the Trust and may vary  materially  from
those of previous  trusts.  Investors  should contact account  executives of the
underwriters  who will be informed of the expected  effective date of this Trust
and who will be supplied with complete information with respect to such Trust on
the  day of and  immediately  prior  to the  effectiveness  of the  registration
statement relating to units of the Trust.

           The   Securities   and  Exchange   Commission  has  not  approved  or
disapproved these securities or passed upon the adequacy of this Prospectus. Any
representation to the contrary is a criminal offense.

The  information in this  prospectus is not complete and may be changed.  We may
not sell  these  securities  until the  registration  statement  filed  with the
Securities and Exchange Commission is effective. This prospectus is not an offer
to sell the securities and it is not soliciting an offer to buy these securities
in any state where the offer or sale is not permitted.

365071.1

<PAGE>



                                     Part II

              ADDITIONAL INFORMATION NOT INCLUDED IN THE PROSPECTUS

           A.  The   following   information   relating  to  the   Depositor  is
incorporated  by reference to the SEC filings  indicated and made a part of this
Registration Statement.


<TABLE>
<CAPTION>
<S>       <C>                                                                                 <C>
                                                                                                 SEC FILE OR
                                                                                              IDENTIFICATION NO.
I.         Bonding  Arrangements and Date of Organization of the Depositor filed
           pursuant to Items A and B of Part II of the Registration Statement on
           Form S-6 under the Securities Act of 1933:

           Smith Barney Inc.                                                                       2-55436

II.        Information as to Officers and Directors of the
           Depositor  filed pursuant to Schedules A and D of Form BD under Rules
           15b1-1 and 15b3-1 of the Securities Exchange Act of 1934:

           Smith Barney Inc.                                                                       8-8177

III.       Charter documents of he Depositor filed as
           Exhibits  to  the  Registration  Statement  on  Form  S-6  under  the
           Securities Act of 1933 (Charter, ByLaws):
                                                                                                   33-65332, 33-36037
           Smith Barney Inc.

       B.  The Internal Revenue Service Employer
           Identification Numbers of the Sponsor and Trustee are as follows:
           Salomon Smith Barney Inc.                                                               13-1912900
           The Chase Manhattan Bank                                                                13-4994650
</TABLE>


Supplemented  final  prospectuses  from  the  following  Series  of  Tax  Exempt
Securities Trust (all of which are incorporated herein by reference) may be used
as  preliminary  prospectuses  for this  Series:  Tax Exempt  Securities  Trust,
Florida Trust 96 (Reg. No. 333-49586);  and Tax Exempt Securities Trust, Florida
Trust 97 (Reg. No. 333-49588).



                                      II-1
365071.1

<PAGE>



                       CONTENTS OF REGISTRATION STATEMENT

The  Registration  Statement  on Form S-6  comprises  the  following  papers and
documents:

           The facing sheet of Form S-6.
           The Prospectus.
           Additional Information not included in the Prospectus (Part II).
             The undertaking to file reports.
             The signatures.
           *Consent of independent public accountants.


The following exhibits:

           1.1       --        Form  of  Trust   Indenture   and   Agreement
                               (incorporated  by reference to Exhibit 4.a to the
                               Registration  Statement of Tax Exempt  Securities
                               Trust, Series 265, 1933 Act File No.
                               33-15123).

           1.1.1     --        Form of Reference Trust Agreement (incorporated
                               by reference to Exhibit 1.1.1 of Tax Exempt
                               Securities Trust, New Jersey Trust 208, 1933 Act
                               File No. 33-58591).

           1.2       --        Form of Agreement Among Underwriters
                               (incorporated by reference to Exhibit 99 to the
                               Registration Statement of Tax Exempt Securities
                               Trust, Series 384, 1933 Act File No. 33-50915).

           2.1       --        Form of Certificate of Beneficial Interest
                               (included in Exhibit 1.1).

           *3.1      --        Opinion of counsel as to the legality of the
                               securities being issued including their consent
                               to the use of their names under the headings
                               "Taxes" and "Miscellaneous - Legal Opinion" in
                               the Prospectus.

           *4.1      --        Consent of the Evaluator.
--------
           *         To be filed with Amendment to Registration Statement.

                                      II-2
365071.1

<PAGE>



                                   SIGNATURES

           PURSUANT  TO THE  REQUIREMENTS  OF THE  SECURITIES  ACT OF 1933,  THE
REGISTRANT  HAS DULY CAUSED THIS  REGISTRATION  STATEMENT  OR  AMENDMENT  TO THE
REGISTRATION  STATEMENT TO BE SIGNED ON ITS BEHALF BY THE UNDERSIGNED  THEREUNTO
DULY AUTHORIZED IN THE CITY OF NEW YORK AND STATE OF NEW YORK ON THE 19TH DAY OF
JANUARY, 2001.

                         Signatures appear on page II-4.

           A majority of the members of the Board of Directors of Salomon  Smith
Barney  Inc.  has  signed  this  Registration  Statement  or  Amendment  to  the
Registration  Statement  pursuant to Powers of Attorney  authorizing  the person
signing this Registration  Statement or Amendment to the Registration  Statement
to do so on behalf of such members.

                                      II-3
365071.1

<PAGE>


SALOMON SMITH BARNEY INC.
           DEPOSITOR


           By the following persons, who
             constitute a majority of the
             Board of Directors of Salomon Smith
             Barney Inc.:


             MICHAEL A. CARPENTER
             DERYCK C. MAUGHAN

             By:     /s/GINA LEMON
                     (As authorized signatory for
                     Salomon Smith Barney Inc. and
                     Attorney-in-Fact* for the persons listed above)

--------
*          Powers of Attorney filed as exhibits to Registration Statement Nos.
           333-62533 and 333-66875.

                                      II-4
365071.1

<PAGE>





© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission