Towne Park Community Development District
Meeting Agenda April 12, 2022

Towne Park
Community Development District
219 East Livingston Street, Orlando, Florida 32801 Phone: 407-841-5524 – Fax: 407-839-1526

April 5, 2022

Board of Supervisors Towne Park
Community Development District

Dear Board Members:

The regular meeting of the Board of Supervisors of Towne Park Community Development District will be held Tuesday, April 12, 2022 at 1:30 PM at the Holiday Inn—Winter Haven, 200 Cypress Gardens Blvd., Winter Haven, FL 33880.

Those members of the public wishing to attend the meeting can do so using the information below:

Zoom Video Link: https://us06web.zoom.us/j/88595966026
Zoom Call-In Information: 1-646-876-9923
Meeting ID: 885 9596 6026

Following is the advance agenda for the meeting:

Board of Supervisors Meeting

Roll Call
Public Comment Period (Public comments can be submitted via email to the District Manager at jburns@gmscfl.com prior to the beginning of the meeting)
Approval of Minutes of the February 8, 2022 Board of Supervisors Meeting
Consideration of Resolution 2022-02 Approving the Proposed Fiscal Year 2022/2023 Budget and Setting the Public Hearing to Adopt the Budget
Consideration of Resident Dock Application
Consideration of Resolution 2022-03 Approving the Use of Electronic Documents and Signatures
CLOSED Session of Board Discussion Regarding Security
Staff Reports
Attorney
Engineer
Consideration of Estimate for Stormwater Management Report Preparation

Field Manager’s Report
Consideration of Proposals for Bollards at the Back of Phase 3 and 4 (to be provided under separate cover)
Consideration of Proposal for Solar Lights at Phase 5 and 6 Mailboxes (to be provided under separate cover)
District Manager’s Report
Approval of Check Register
Balance Sheet & Income Statement
Announcing General Election Qualifying Period (Starting 12:00 PM Monday, June 13, 2022 and Ending 12:00 PM Friday, June 17, 2022)
Other Business
Supervisors Requests and Audience Comments
Adjournment

MINUTES

MINUTES OF MEETING TOWNE PARK
COMMUNITY DEVELOPMENT DISTRICT

The regular meeting of the Board of Supervisors of the Towne Park Community Development District was held Tuesday, February 8, 2022 at 1:30 p.m. at the Holiday Inn – Winter Haven, 200 Cypress Gardens Blvd., Winter Haven, Florida.

Present and constituting a quorum:

Justin Frye	Vice Chairman
Brad Fritz	Assistant Secretary
Jennifer Tidwell	Assistant Secretary
Greg Jones	Assistant Secretary Also present were:
Jill Burns	District Manager, GMS Meredith Hammock via Zoom	KE Law Group Clayton Smith	GMS

FIRST ORDER OF BUSINESS	Roll Call
Ms. Burns called the meeting to order and called the roll. There were four Board members present constituting a quorum.

SECOND ORDER OF BUSINESS	Public Comment Period
Ms. Burns noted that no members of the public were present in person, and no members of the public present via Zoom.

THIRD ORDER OF BUSINESS	Approval of Minutes of the December 14,
2021 Board of Supervisors Meeting
Ms. Burns presented the minutes of the December 14, 2021 Board of Supervisors meeting and asked for a motion to approve minutes.

On MOTION by Mr. Frye, seconded by Mr. Jones, with all in favor, the Minutes of the December 14, 2021 Board of Supervisors Meeting, were approved.

FOURTH ORDER OF BUSNESS	Acceptance of Resignation from Pool
Maintenance Vendor
Ms. Burns noted that these next two action items work hand in hand. Mr. Smith stated that the current pool vendor asked if they could resign to consolidate their location and were having some serviceability issues. They have recommended another pool vendor that they work closely with who will match the price and are more local to the Lakeland area.

On MOTION by Mr. Frye, seconded by Mr. Fritz, with all in favor, Acceptance of Resignation from Pool Maintenance Vendor, was approved.

FIFTH ORDER OF BUSINESS	Consideration	of	Proposal	for	Pool
Maintenance Services from Arinton
The Board discussed the proposal from Arinton and agreed to accept the proposal with the same price as the contract amount with Resort Pools.

On MOTION by Mr. Frye, seconded by Mr. Fritz, with all in favor, the Proposal for Pool Maintenance Services from Arinton, was approved.

SIXTH ORDER OF BUSINESS	Staff Reports
Attorney
Ms. Hammock had nothing further for the Board.

Engineer
Ms. Burns stated that she did speak to the District engineer, and she reported that he is working on the proposal for the required stormwater report and will be prepared to present it at the next Board meeting.

Field Manager’s Report
Mr. Smith Presented the field manager’s report. Completed items include:
Entry feature lighting repair
Amenity sod instillation

2

Tree poles along Medulla were removed and will be monitored
Pressure washing of amenity 1 parking area
Bike rack installation

Consideration of Proposal from SWS for Amenity Security
Mr. Smith presented a proposal from SWS for amenity security cameras. He has worked with them at several Districts, and this is a basic camera set up that allows staff to monitor the cameras remotely. The total is $5,981.00. Board and staff discussion ensued where they discussed pros and cons and what the cameras will and won’t help. Mr. Smith noted that camera signage will be added as well and that tends to help with stopping some of those minor infractions.

On MOTION by Mr. Frye, seconded by Ms. Tidwell, with all in favor, the Proposal from SWS for Amenity Security, was approved.

Ms. Burns gave the Board an update on access cards. The cards that were issued for the system at amenity 1 are different from the system at amenity 2. Everything is configured and the system is working, and they are working on importing the file to the new system. They are trying to avoid having each person test their cards and circumventing that issue before it is a problem. If they do have to test each card, they will set up a time for residents to get their cards working for an approximate 2-week period. The goal is to have the cards ready by the end of March when the weather is warmer.

District Manager’s Report
Approval of the Check Register
Ms. Burns reviewed the check register and noted that it can be found in the agenda package.
She asked if anyone had any questions and hearing none, asked for a motion to approve.

On MOTION by Mr. Frye, seconded by Mr. Jones, with all in favor, the Check Register, was approved.

Balance Sheet and Income Statement
Ms. Burns stated that the financial statements were included in the agenda packets for review through December 2021, adding that there was no action required.

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SEVENTH ORDER OF BUSINESS	Other Business
There being none, the next item followed.

EIGHTH ORDER OF BUSINESS	Supervisors	Requests	and Audience comments
There being none, the next item followed.

NINTH ORDER OF BUSINESS	Adjournment
Ms. Burns adjourned the meeting.

On MOTION by Mr. Frye, seconded by Ms. Tidwell, with all in favor, the meeting was adjourned.

Secretary/Assistant Secretary	Chairman/Vice Chairman

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SECTION IV

RESOLUTION 2022-02

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE TOWNE PARK COMMUNITY DEVELOPMENT DISTRICT APPROVING PROPOSED BUDGETS FOR FISCAL YEAR 2022/2023 AND SETTING A PUBLIC HEARING THEREON PURSUANT TO FLORIDA LAW; ADDRESSING TRANSMITTAL, POSTING AND PUBLICATION REQUIREMENTS; ADDRESSING SEVERABILITY; AND PROVIDING AN EFFECTIVE DATE.

WHEREAS, the District Manager has heretofore prepared and submitted to the Board of Supervisors (“Board”) of the Towne Park Community Development District (“District”) prior to June 15, 2022, proposed budgets (“Proposed Budget”) for the fiscal year beginning October 1, 2022 and ending September 30, 2023 (“Fiscal Year 2022/2023”); and

WHEREAS, the Board has considered the Proposed Budget and desires to set the required public hearing thereon.

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE TOWNE PARK COMMUNITY DEVELOPMENT DISTRICT:

PROPOSED BUDGET APPROVED. The Proposed Budget prepared by the District Manager for Fiscal Year 2022/2023 attached hereto as Exhibit A is hereby approved as the basis for conducting a public hearing to adopt said Proposed Budget.

SETTING A PUBLIC HEARING. A public hearing on said approved Proposed Budget is hereby declared and set for the following date, hour and location:

DATE:	Tuesday, July 12, 2022

HOUR:	1:30 PM

LOCATION:	Holiday Inn—Winter Haven
200 Cypress Gardens Blvd. Winter Haven, FL 33880

TRANSMITTAL OF PROPOSED BUDGET TO LOCAL GENERAL- PURPOSE GOVERNMENTS. The District Manager is hereby directed to submit a copy of the Proposed Budget to the City of Lakeland and Polk County at least 60 days prior to the hearing set above.

POSTING OF PROPOSED BUDGET. In accordance with Section 189.016, Florida Statutes, the District’s Secretary is further directed to post the approved Proposed Budget on the District’s website at least two days before the budget hearing date as set forth in Section 2, and shall remain on the website for at least 45 days.

PUBLICATION OF NOTICE. Notice of this public hearing shall be published in the manner prescribed in Florida law.

SEVERABILITY. The invalidity or unenforceability of any one or more provisions of this Resolution shall not affect the validity or enforceability of the remaining portions of this Resolution, or any part thereof.

EFFECTIVE DATE. This Resolution shall take effect immediately upon adoption.

PASSED AND ADOPTED THIS 12TH DAY OF APRIL 2022.

ATTEST:	TOWNE PARK COMMUNITY DEVELOPMENT DISTRICT

Secretary

By:	 Its: 		

Towne Park
Community Development District

Proposed Budget
FY2023

6MS

1-2	 	General Fund	

3-8	
 	General Fund Narrative	

9	
 	Series 2016 2A Debt Service Fund	

10-11	
 	Series 2016 2A Amortization	

12	
 	Series 2018 2B Debt Service Fund	

13-14	
 	Series 2018 2B Amortization	

15	
 	Series 2018 3A Debt Service Fund	

16-17	
 	Series 2018 3A Amortization	

18	
 	Series 2019 3B Debt Service Fund	

19-20	
 	Series 2019 3B Amortization	

21	
 	Series 2019 3C Debt Service Fund	

22-23	
 	Series 2019 3C Amortization	

24	 	Series 2020 3D Debt Service Fund

25-26	 	Series 20120 3D Amortization

27	 	Capital Reserve Fund

	Adopted Budget	Actual Thru	Projected Next	Total Projected	Proposed Budget	
	FY 2022	2/28/21	7 Months	9/30/22	FY 2023	

Revenues						
Assessments	$	860,473	$	787,993	$	72,480	$	860,473	$	860,473	
Other Income	$	2,400	$	1,360	$	700	$	2,060	$	2,400	
Total Revenues	$	862,873	$	789,353	$	73,180	$	862,533	$	862,873	

Expenditures						
Administrative:						
Supervisor Fees	$	12,000	$	2,400	$	7,000	$	9,400	$	12,000	
Engineering Fees	$	10,000	$	984	$	9,016	$	10,000	$	10,000	
Attorney	$	50,000	$	7,690	$	21,000	$	28,690	$	40,000	
Annual Audit	$	7,500	$	-	$	4,000	$	4,000	$	4,000	
Assessment Roll Services	$	5,000	$	5,000	$	-	$	5,000	$	5,000	
Reamortization Schedules	$	625	$	550	$	-	$	550	$	625	
Arbitrage	$	2,700	$	-	$	-	$	-	$	-	
Dissemination	$	10,000	$	4,167	$	5,833	$	10,000	$	10,000	
Trustee Fees	$	23,867	$	19,608	$	4,259	$	23,867	$	23,867	
Management Fees	$	36,050	$	15,021	$	21,029	$	36,050	$	42,500	
Information Technology	$	1,800	$	750	$	1,050	$	1,800	$	1,800	
Website Maintenance	$	2,400	$	500	$	700	$	1,200	$	1,200	
Telephone	$	200	$	-	$	200	$	200	$	200	
Copies	$	500	$	346	$	292	$	637	$	800	
Insurance	$	6,300	$	5,907	$	-	$	5,907	$	7,088	
Printing & Binding	$	1,000	$	24	$	583	$	607	$	1,000	
Legal Advertising	$	7,000	$	666	$	6,334	$	7,000	$	2,500	
Other Current Charges	$	5,000	$	261	$	2,917	$	3,177	$	3,500	
Office Supplies	$	200	$	12	$	117	$	128	$	200	
Dues, Licenses & Subscriptions	$	175	$	175	$	-	$	175	$	175	
Total Administrative	$	182,317	$	64,059	$	84,330	$	148,389	$	166,455	

Operations & Maintenance						
Field Expenditures
Property Insurance	
$	30,000	
$	19,771	
$	-	
$	19,771	
$	20,258	
Field Management	$	15,000	$	6,250	$	8,750	$	15,000	$	15,450	
Landscape Maintenance	$	265,000	$	103,492	$	144,891	$	248,384	$	263,665	
Landscape Enhancements/Replacement	$	35,000	$	1,725	$	20,417	$	22,142	$	35,000	
Pond Maintenance	$	32,000	$	13,405	$	18,767	$	32,172	$	32,172	
Electric	$	5,400	$	2,211	$	3,101	$	5,312	$	5,400	
Streetlighting	$	20,000	$	-	$	11,667	$	11,667	$	20,000	
Water & Sewer	$	2,500	$	442	$	616	$	1,058	$	2,500	
Irrigation Repairs	$	10,000	$	8,563	$	5,833	$	14,396	$	12,500	
General Repairs & Maintenance	$	15,000	$	400	$	8,750	$	9,150	$	15,000	
Contingency	$	10,000	$	2,122	$	5,833	$	7,955	$	10,000	
Subtotal Field Expenses	$	439,900	$	158,381	$	228,625	$	387,006	$	431,945	

1

	Adopted Budget	Actual Thru	Projected Next	Total Projected	Proposed Budget	
	FY 2022	2/28/21	7 Months	9/30/22	FY 2023	

Amenity Expenditures
Electric	

$	21,000	

$	4,626	

$	10,500	

$	15,126	

$	18,000	
Water	$	7,500	$	3,906	$	3,500	$	7,406	$	7,500	
Internet & Phone	$	2,600	$	722	$	1,834	$	2,556	$	3,200	
Playground & Equipment Lease	$	23,593	$	9,830	$	13,762	$	23,593	$	23,593	
Pool Service Contract	$	33,600	$	13,750	$	19,250	$	33,000	$	33,000	
Janitorial Services	$	19,560	$	5,713	$	13,847	$	19,560	$	18,500	
Security Services	$	30,000	$	3,596	$	19,717	$	23,312	$	33,800	
Pest Control	$	4,500	$	375	$	525	$	900	$	4,500	
Amenity Access Management	$	5,000	$	2,083	$	2,917	$	5,000	$	5,000	
Amenity Repair & Maintenance	$	15,000	$	2,434	$	8,750	$	11,184	$	15,000	
Contingency	$	10,000	$	2,563	$	2,917	$	5,479	$	5,000	
Subtotal Amenity Expenses	$	172,353	$	49,599	$	97,518	$	147,117	$	167,093	
						
Total Operations & Maintenance	$	612,253	$	207,980	$	326,143	$	534,123	$	599,038	

Other Expenditures
Transfer Out - Capital Reserve	

$	68,303	

$	-	

$	90,000	

$	90,000	

$	97,380	
Total Other Expenditures	$	68,303	$	-	$	90,000	$	90,000	$	97,380	
						
Total Expenditures	$	862,873	$	272,039	$	500,473	$	772,512	$	862,873	
						
Excess Revenues/(Expenditures)	$	-	$	517,314	$	(427,293)	$	90,021	$	-	

Product Type	Assessable Units	ERU/Unit	Total ERUs	Net Assessment	Net Per Unit	Gross Per Unit	
Phase 2A Single-Family (Platted) (TP Estates Phase 2A)	148	1.00	148	$87,827.59	$593.43	$638.10	
Phase 2B Single-Family (Platted) (TP Estates Phase 2B)	130	1.00	130	$77,145.86	$593.43	$638.10	
Phase 3A Single-Family (Platted) (Riverstone Phase 1)	433	1.00	433	$256,955.04	$593.43	$638.10	
Phase 3B Single-Family (Platted) (Riverstone Phase 2)	277	1.00	277	$164,380.01	$593.43	$638.10	
Phase 3C Single-Family (Platted) (Riverstone Phases 3 and 4)	186	1.00	186	$110,377.92	$593.43	$638.10	
Riverstone Phases 5 & 6 (Platted)	276	1.00	276	$163,786.58	$593.43	$638.10	
	1450		1450	$860,473.00			

2

Revenues:

Assessments

The District will levy a non-ad valorem assessment on all the assessable property within the District in order to pay for operating expenditures during the fiscal year.

Other Income

Represents miscellaneous funds the District may receive such as amenity rental fees.

Expenditures:

General & Administrative:

Supervisor Fees

Chapter 190, Florida Statutes, allows for each Board member to receive $200 per meeting, not to exceed
$4,800 per year paid to each Supervisor for the time devoted to District business and meetings.

Engineering Fees

The District's engineer, Rayl Engineering, Inc., provides general engineering services to the District, e.g. attendance and preparation for monthly board meetings, review invoices and various projects as directed by the Board of Supervisors and the District Manager.

Attorney

The District's legal counsel, KE Law Group, provides general legal services to the District, e.g. attendance and preparation for meetings, preparation and review of agreements, resolutions, etc. as directed by the Board of Supervisors and the District Manager.

Annual Audit

The District is required by Florida Statutes to arrange for an independent audit of its financial records on an annual basis. The District is currently contracted with McDirmit Davis for these services.

Assessment Administration

The District has contracted with Governmental Management Services-Central Florida, LLC, to levy and administer the collection of non-ad valorem assessment on all assessable property within the District.

Reamortization Schedules

Represents the cost of having revised amortization schedules issued on the District’s bonds when extraordinary redemptions are made.

3

Dissemination

The District is required by the Security and Exchange Commission to comply with Rule 15c2-12(b)(5) which relates to additional reporting requirements for unrated bond issues. This cost is based upon the Series 2016 2A, Series 2018 2B, Series 2018 3A, Series 2019 3B, Series 2019 3C and Series 2020 3D bonds. Governmental Management Services-Central Florida, LLC, provides these services.

Trustee Fees

The District will incur trustee related costs with the issuance of its’ issued bonds to USBank.

Description	Annually	
Series 2016 2A	$3,717	
Series 2018 2B & 3A	$8,027	
Series 2019 3B	$4,041	
Series 2019 3C	$4,041	
Series 2020 3D	$4,041	
Total	$23,867	

Management Fees

The District receives Management, Accounting and Administrative services as part of a Management Agreement with Governmental Management Services-Central Florida, LLC. The services include but are not limited to, recording and transcription of board meetings, administrative services, budget preparation, all financial reports, annual audits, etc.

Information Technology

Represents costs related to the District’s information systems, which include but are not limited to video conferencing services, cloud storage services and servers, security, accounting software, etc. Governmental Management Services-Central Florida, LLC, provides these services.

Website Maintenance

Represents the costs associated with monitoring and maintaining the District’s website created in accordance with Chapter 189, Florida Statutes. These services include site performance assessments, security and firewall maintenance, updates, document uploads, hosting and domain renewals, website backups, etc. Governmental Management Services-Central Florida, LLC, provides these services.

Description	Annually	
Website Maintenance – GMS
Total	$1,200	
	$1,200	

Telephone

Telephone and fax machine.

4

Copies

The District incurs charges for mailing of Board meeting agenda packages, overnight deliveries, correspondence, etc.

Insurance

The District’s general liability and public official’s liability insurance coverage is provided by the Florida Insurance Alliance (FIA). FIA specializes in providing insurance coverage to governmental agencies.

Printing & Binding

Printing and Binding agenda packages for board meetings, printing of computerized checks, stationary, envelopes, etc.

Legal Advertising

The District is required to advertise various notices for monthly Board meetings, public hearings, etc. in a newspaper of general circulation.

Other Current Charges

Bank charges and any other miscellaneous expenses incurred during the year.

Office Supplies

Any supplies that may need to be purchased during the fiscal year, e.g., paper, minute books, file folders, labels, paper clips, etc.

Dues, Licenses & Subscriptions

The District is required to pay an annual fee to the Florida Department of Economic Opportunity for
$175. This is the only expense under this category for the District.

Operations & Maintenance:

Field Expenditures

Property Insurance

The District’s property insurance coverage is provided by the Florida Insurance Alliance (FIA). FIA specializes in providing insurance coverage to governmental agencies.

Field Management

The District is contracted with Governmental Management Services-Central Florida, LLC for onsite field management of contracts for the District such as landscape and lake maintenance. Services include onsite inspections, meetings with contractors, monitoring of utility accounts, attend Board meetings and receive and respond to property owner phone calls and emails.

5

Landscape Maintenance

The District has contracts with Prince & Sons, Inc. to provide landscaping services throughout the District. These services include mowing, edging, trimming, cleanup, detailing and pruning as well as maintenance of the irrigation systems.

Description	Monthly	Annually	
Maintenance	$19,053.33	$228,640	
Mulch		$29,025	
Annuals		$6,000	
Total		$263,665	

Landscape Enhancements/Replacement

Represents the estimated cost of replacing landscaping within the common areas of the District.

Pond Maintenance

The District has contracted with The Lake Doctors for the care and maintenance of its ponds which includes shoreline grass, brush and vegetation control.

Description	Monthly	Annually	
Maintenance – 16 Ponds	$2,681
Total	$32,172	
	$32,172	

Electric

Represents current and estimated electric charges of common areas throughout the District.

Streetlights

Represents the cost to maintain streetlights currently in place within the District Boundaries.

Water & Sewer

Represents current and estimated costs for water and refuse services provided for common areas throughout the District.

Irrigation Repairs

Represents the cost of maintaining and repairing the irrigation system. This includes the sprinklers, and irrigation wells.

General Repairs & Maintenance

Represents estimated costs for general repairs and maintenance of the District’s common areas. These can include pressure washing, and repairs to fences, monuments, lighting, and other assets.

6

Contingency

Represents funds allocated to expenses that the District could incur throughout the fiscal year that do not fit into any field category.

Amenity Expenditures

Amenity - Electric

Represents estimated electric charges for the District’s amenity facilities.

Amenity – Water

Represents estimated water charges for the District’s amenity facilities.

Internet & Phone

Internet service will be added for use at the Amenity Center.

Playground & Equipment Lease

The District has entered into a leasing agreement with Navitas Inc. and WHFS, LLC, for playground & equipment installed in the community.

Pool Service Contract

Resort Pool Services has been contracted to provide regular cleaning and treatments of the District’s two pools.

Description	Monthly	Annually	
Playground Lease - Navitas	$1,687
Playground Lease – WHFS	$278
Total	$20,250
$3,343	
	$23,593	

Janitorial Services

Represents the costs to provide janitorial services for the District’s amenity facilities. These services are provided by E & A Cleaning, Inc., at a per clean rate for each amenity facility.

Description	Monthly	Annually	
Pool Maintenance – Amenity #1	$1,300
Pool Maintenance – Amenity #2	$1,450
Total	$15,600
$17,400	
	$33,000	

7

Security Services

Represents the estimated cost of contracting a monthly security service for the District’s amenity facilities.

Pest Control

The District is contracted with Floralawn for pest control treatments to its amenity facilities.

Amenity Access Management

Represents the cost of managing access to the District’s amenity facilities.

Amenity Repairs & Maintenance

Represents estimated costs for repairs and maintenance of the District’s amenity facilities and equipment.

Contingency

Represents funds allocated to expenses that the District could incur throughout the fiscal year that do not fit into any amenity category.

Other Expenditures:

Transfer Out – Capital Reserves

Funds collected and reserved for the replacement of and/or purchase of new capital improvements throughout the District.

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Proposed Budget
Series 2016 2A Debt Service Fund

	Adopted Budget	Actuals Thru	Projected Next	Total Projected	Proposed Budget	
	FY 2022	2/28/21	7 Months	9/30/22	FY 2023	

Revenues						
Assessments	$	111,715	$	102,304	$	9,411	$	111,715	$	111,715	
Interest	$	-	$	4	$	-	$	4	$	-	
Carry Forward Surplus	$	84,530	$	85,556	$	-	$	85,556	$	85,756	
Total Revenues	$	196,245	$	187,864	$	9,411	$	197,275	$	197,471	

Expenditures						
Interest - 11/1	$	41,144	$	41,144	$	-	$	41,144	$	40,375	
Principal - 11/1	$	25,000	$	25,000	$	-	$	25,000	$	30,000	
Special Call - 11/1	$	-	$	5,000	$	-	$	5,000	$	-	
Interest - 5/1	$	40,519	$	-	$	40,375	$	40,375	$	39,625	
Total Expenditures	$	106,663	$	71,144	$	40,375	$	111,519	$	110,000	
						
Excess Revenues/(Expenditures)	$	89,582	$	116,720	$	(30,964)	$	85,756	$	87,471	
				
Interest - 11/1/23	
$39,625	
				Principal - 11/1/23	 	$30,000 	
$69,625

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Date	Balance	Prinicpal	Interest	Total

11/01/22	$	1,435,000.00	$	30,000.00	$	40,375.00	$	110,750.00	
05/01/23	$	1,405,000.00	$	-	$	39,625.00		
11/01/23	$	1,405,000.00	$	30,000.00	$	39,625.00	$	109,250.00	
05/01/24	$	1,375,000.00	$	-	$	38,875.00		
11/01/24	$	1,375,000.00	$	30,000.00	$	38,875.00	$	107,750.00	
05/01/25	$	1,345,000.00	$	-	$	38,125.00		
11/01/25	$	1,345,000.00	$	35,000.00	$	38,125.00	$	111,250.00	
05/01/26	$	1,310,000.00	$	-	$	37,250.00		
11/01/26	$	1,310,000.00	$	35,000.00	$	37,250.00	$	109,500.00	
05/01/27	$	1,275,000.00	$	-	$	36,375.00		
11/01/27	$	1,275,000.00	$	35,000.00	$	36,375.00	$	107,750.00	
05/01/28	$	1,240,000.00	$	-	$	35,500.00		
11/01/28	$	1,240,000.00	$	40,000.00	$	35,500.00	$	111,000.00	
05/01/29	$	1,200,000.00	$	-	$	34,500.00		
11/01/29	$	1,200,000.00	$	40,000.00	$	34,500.00	$	109,000.00	
05/01/30	$	1,160,000.00	$	-	$	33,350.00		
11/01/30	$	1,160,000.00	$	40,000.00	$	33,350.00	$	106,700.00	
05/01/31	$	1,120,000.00	$	-	$	32,200.00		
11/01/31	$	1,120,000.00	$	45,000.00	$	32,200.00	$	109,400.00	
05/01/32	$	1,075,000.00	$	-	$	30,906.25		
11/01/32	$	1,075,000.00	$	45,000.00	$	30,906.25	$	106,812.50	
05/01/33	$	1,030,000.00	$	-	$	29,612.50		
11/01/33	$	1,030,000.00	$	50,000.00	$	29,612.50	$	109,225.00	
05/01/34	$	980,000.00	$	-	$	28,175.00		
11/01/34	$	980,000.00	$	55,000.00	$	28,175.00	$	111,350.00	
05/01/35	$	925,000.00	$	-	$	26,593.75		
11/01/35	$	925,000.00	$	55,000.00	$	26,593.75	$	108,187.50	
05/01/36	$	870,000.00	$	-	$	25,012.50		
11/01/36	$	870,000.00	$	60,000.00	$	25,012.50	$	110,025.00	
05/01/37	$	810,000.00	$	-	$	23,287.50		
11/01/37	$	810,000.00	$	60,000.00	$	23,287.50	$	106,575.00	
05/01/38	$	750,000.00	$	-	$	21,562.50		
11/01/38	$	750,000.00	$	65,000.00	$	21,562.50	$	108,125.00	

05/01/39	$
11/01/39	$
05/01/40	$
11/01/40	$
05/01/41	$

685,000.00	$
685,000.00	$
615,000.00	$
615,000.00	$
540,000.00	$

-	$
70,000.00	$
-	$
75,000.00	$
-	$

19,693.75
19,693.75	$
17,681.25
17,681.25	$
15,525.00

109,387.50

110,362.50

10

Date	Balance	Prinicpal	Interest	Total	

11/01/41	
$	540,000.00	
$	80,000.00	$	15,525.00	
$	111,050.00	
05/01/42	$	460,000.00	$	-	$	13,225.00		
11/01/42	$	460,000.00	$	85,000.00	$	13,225.00	$	111,450.00	
05/01/43	$	375,000.00	$	-	$	10,781.25		
11/01/43	$	375,000.00	$	85,000.00	$	10,781.25	$	106,562.50	
05/01/44	$	290,000.00	$	-	$	8,337.50		
11/01/44	$	290,000.00	$	90,000.00	$	8,337.50	$	106,675.00	
05/01/45	$	200,000.00	$	-	$	5,750.00		
11/01/45	$	200,000.00	$	95,000.00	$	5,750.00	$	106,500.00	
05/01/46	$	105,000.00	$	-	$	3,018.75		
11/01/46	$	105,000.00	$	105,000.00	$	3,018.75	$	111,037.50	
		$	1,435,000.00	$	1,250,300.00	$	2,725,675.00	

11

Proposed Budget
Series 2018 2B Debt Service Fund

	Adopted Budget	Actuals Thru	Projected Next	Total Projected	Proposed Budget	
	FY 2022	2/28/21	7 Months	9/30/22	FY 2023	

Revenues						
Assessments	$	130,304	$	119,327	$	10,976	$	130,304	$	130,304	
Interest	$	-	$	3	$	-	$	3	$	-	
Carry Forward Surplus	$	61,580	$	63,601	$	-	$	63,601	$	72,001	
Total Revenues	$	191,883	$	182,931	$	10,976	$	193,908	$	202,305	

Expenditures						
Interest - 11/1	$	46,022	$	46,022	$	-	$	46,022	$	45,384	
Special Call - 11/1	$	-	$	5,000	$	-	$	5,000	$	-	
Interest - 5/1	$	46,022	$	-	$	45,884	$	45,884	$	45,384	
Principal - 5/1	$	25,000	$	-	$	25,000	$	25,000	$	30,000	
Total Expenditures	$	117,044	$	51,022	$	70,884	$	121,906	$	120,769	
						
Excess Revenues/(Expenditures)	$	74,839	$	131,909	$	(59,908)	$	72,001	$	81,536	
				
Interest - 11/1/23	
$44,784	

12

Date	Balance	Prinicpal	Interest	Total

11/01/22	$	1,685,000.00	$	-	$	45,384.38	$	116,268.75	
05/01/23	$	1,685,000.00	$	30,000.00	$	45,384.38	$	-	
11/01/23	$	1,655,000.00	$	-	$	44,784.38	$	120,168.75	
05/01/24	$	1,655,000.00	$	30,000.00	$	44,784.38	$	-	
11/01/24	$	1,625,000.00	$	-	$	44,034.38	$	118,818.75	
05/01/25	$	1,625,000.00	$	30,000.00	$	44,034.38	$	-	
11/01/25	$	1,595,000.00	$	-	$	43,284.38	$	117,318.75	
05/01/26	$	1,595,000.00	$	35,000.00	$	43,284.38	$	-	
11/01/26	$	1,560,000.00	$	-	$	42,409.38	$	120,693.75	
05/01/27	$	1,560,000.00	$	35,000.00	$	42,409.38	$	-	
11/01/27	$	1,525,000.00	$	-	$	41,534.38	$	118,943.75	
05/01/28	$	1,525,000.00	$	35,000.00	$	41,534.38	$	-	
11/01/28	$	1,490,000.00	$	-	$	40,659.38	$	117,193.75	
05/01/29	$	1,490,000.00	$	40,000.00	$	40,659.38	$	-	
11/01/29	$	1,450,000.00	$	-	$	39,584.38	$	120,243.75	
05/01/30	$	1,450,000.00	$	40,000.00	$	39,584.38	$	-	
11/01/30	$	1,410,000.00	$	-	$	38,509.38	$	118,093.75	
05/01/31	$	1,410,000.00	$	45,000.00	$	38,509.38	$	-	
11/01/31	$	1,365,000.00	$	-	$	37,300.00	$	120,809.38	
05/01/32	$	1,365,000.00	$	45,000.00	$	37,300.00	$	-	
11/01/32	$	1,320,000.00	$	-	$	36,090.63	$	118,390.63	
05/01/33	$	1,320,000.00	$	50,000.00	$	36,090.63	$	-	
11/01/33	$	1,270,000.00	$	-	$	34,746.88	$	120,837.50	
05/01/34	$	1,270,000.00	$	50,000.00	$	34,746.88	$	-	
11/01/34	$	1,220,000.00	$	-	$	33,403.13	$	118,150.00	
05/01/35	$	1,220,000.00	$	55,000.00	$	33,403.13	$	-	
11/01/35	$	1,165,000.00	$	-	$	31,925.00	$	120,328.13	
05/01/36	$	1,165,000.00	$	55,000.00	$	31,925.00	$	-	
11/01/36	$	1,110,000.00	$	-	$	30,446.88	$	117,371.88	
05/01/37	$	1,110,000.00	$	60,000.00	$	30,446.88	$	-	
11/01/37	$	1,050,000.00	$	-	$	28,834.38	$	119,281.25	
05/01/38	$	1,050,000.00	$	65,000.00	$	28,834.38	$	-	
11/01/38	$	985,000.00	$	-	$	27,087.50	$	120,921.88	
05/01/39	$	985,000.00	$	65,000.00	$	27,087.50	$	-	
11/01/39	$	920,000.00	$	-	$	25,300.00	$	117,387.50	
05/01/40	$	920,000.00	$	70,000.00	$	25,300.00	$	-	
11/01/40	$	850,000.00	$	-	$	23,375.00	$	118,675.00	
05/01/41	$	850,000.00	$	75,000.00	$	23,375.00	$	-	
11/01/41	$	775,000.00	$	-	$	21,312.50	$	119,687.50	
05/01/42	$	775,000.00	$	80,000.00	$	21,312.50	$	-	
11/01/42	$	695,000.00	$	-	$	19,112.50	$	120,425.00	
05/01/43	$	695,000.00	$	85,000.00	$	19,112.50	$	-	
11/01/43	$	610,000.00	$	-	$	16,775.00	$	120,887.50	

13

Date	Balance	Prinicpal	Interest	Total	

05/01/44	
$	610,000.00	
$	90,000.00	$	16,775.00	
$	-	
11/01/44	$	520,000.00	$	-	$	14,300.00	$	121,075.00	
05/01/45	$	520,000.00	$	90,000.00	$	14,300.00	$	-	
11/01/45	$	430,000.00	$	-	$	11,825.00	$	116,125.00	
05/01/46	$	430,000.00	$	100,000.00	$	11,825.00	$	-	
11/01/46	$	330,000.00	$	-	$	9,075.00	$	120,900.00	
05/01/47	$	330,000.00	$	105,000.00	$	9,075.00	$	-	
11/01/47	$	225,000.00	$	-	$	6,187.50	$	120,262.50	
05/01/48	$	225,000.00	$	110,000.00	$	6,187.50	$	-	
11/01/48	$	115,000.00	$	-	$	3,162.50	$	119,350.00	
05/01/49	$	115,000.00	$	115,000.00	$	3,162.50	$	118,162.50	
		$	1,685,000.00	$	1,580,887.50	$	3,336,771.88	

14

Proposed Budget
Series 2018 3A Debt Service Fund

	Adopted Budget	Actuals Thru	Projected Next	Total Projected	Proposed Budget	
	FY 2022	2/28/21	7 Months	9/30/22	FY 2023	

Revenues						
Assessments	$	525,011	$	480,786	$	44,226	$	525,011	$	525,011	
Interest	$	-	$	12	$	-	$	12	$	-	
Carry Forward Surplus	$	220,388	$	227,575	$	-	$	227,575	$	233,736	
Total Revenues	$	745,400	$	708,373	$	44,226	$	752,598	$	758,747	

Expenditures						
Interest - 11/1	$	197,000	$	197,000	$	-	$	197,000	$	194,463	
Special Call - 11/1	$	-	$	5,000	$	-	$	5,000	$	-	
Interest - 5/1	$	197,000	$	-	$	196,863	$	196,863	$	194,463	
Principal - 5/1	$	120,000	$	-	$	120,000	$	120,000	$	125,000	
Total Expenditures	$	514,000	$	202,000	$	316,863	$	518,863	$	513,925	
						
Excess Revenues/(Expenditures)	$	231,400	$	506,373	$	(272,637)	$	233,736	$	244,822	
				
Interest - 11/1/23	
$191,963	

15

Date	Balance	Prinicpal	Interest	Total

11/01/22	$	7,220,000.00	$	-	$	194,462.50	$	511,325.00	
05/01/23	$	7,220,000.00	$	125,000.00	$	194,462.50	$	-	
11/01/23	$	7,095,000.00	$	-	$	191,962.50	$	511,425.00	
05/01/24	$	7,095,000.00	$	130,000.00	$	191,962.50	$	-	
11/01/24	$	6,965,000.00	$	-	$	188,712.50	$	510,675.00	
05/01/25	$	6,965,000.00	$	135,000.00	$	188,712.50	$	-	
11/01/25	$	6,830,000.00	$	-	$	185,337.50	$	509,050.00	
05/01/26	$	6,830,000.00	$	145,000.00	$	185,337.50	$	-	
11/01/26	$	6,685,000.00	$	-	$	181,712.50	$	512,050.00	
05/01/27	$	6,685,000.00	$	150,000.00	$	181,712.50	$	-	
11/01/27	$	6,535,000.00	$	-	$	177,962.50	$	509,675.00	
05/01/28	$	6,535,000.00	$	160,000.00	$	177,962.50	$	-	
11/01/28	$	6,375,000.00	$	-	$	173,962.50	$	511,925.00	
05/01/29	$	6,375,000.00	$	170,000.00	$	173,962.50	$	-	
11/01/29	$	6,205,000.00	$	-	$	169,393.75	$	513,356.25	
05/01/30	$	6,205,000.00	$	175,000.00	$	169,393.75	$	-	
11/01/30	$	6,030,000.00	$	-	$	164,690.63	$	509,084.38	
05/01/31	$	6,030,000.00	$	185,000.00	$	164,690.63	$	-	
11/01/31	$	5,845,000.00	$	-	$	159,718.75	$	509,409.38	
05/01/32	$	5,845,000.00	$	195,000.00	$	159,718.75	$	-	
11/01/32	$	5,650,000.00	$	-	$	154,478.13	$	509,196.88	
05/01/33	$	5,650,000.00	$	210,000.00	$	154,478.13	$	-	
11/01/33	$	5,440,000.00	$	-	$	148,834.38	$	513,312.50	
05/01/34	$	5,440,000.00	$	220,000.00	$	148,834.38	$	-	
11/01/34	$	5,220,000.00	$	-	$	142,921.88	$	511,756.25	
05/01/35	$	5,220,000.00	$	230,000.00	$	142,921.88	$	-	
11/01/35	$	4,990,000.00	$	-	$	136,740.63	$	509,662.50	
05/01/36	$	4,990,000.00	$	245,000.00	$	136,740.63	$	-	
11/01/36	$	4,745,000.00	$	-	$	130,156.25	$	511,896.88	
05/01/37	$	4,745,000.00	$	260,000.00	$	130,156.25	$	-	
11/01/37	$	4,485,000.00	$	-	$	123,168.75	$	513,325.00	
05/01/38	$	4,485,000.00	$	270,000.00	$	123,168.75	$	-	
11/01/38	$	4,215,000.00	$	-	$	115,912.50	$	509,081.25	
05/01/39	$	4,215,000.00	$	285,000.00	$	115,912.50	$	-	
11/01/39	$	3,930,000.00	$	-	$	108,075.00	$	508,987.50	
05/01/40	$	3,930,000.00	$	305,000.00	$	108,075.00	$	-	
11/01/40	$	3,625,000.00	$	-	$	99,687.50	$	512,762.50	
05/01/41	$	3,625,000.00	$	320,000.00	$	99,687.50	$	-	
11/01/41	$	3,305,000.00	$	-	$	90,887.50	$	510,575.00	
05/01/42	$	3,305,000.00	$	340,000.00	$	90,887.50	$	-	
11/01/42	$	2,965,000.00	$	-	$	81,537.50	$	512,425.00	
05/01/43	$	2,965,000.00	$	355,000.00	$	81,537.50	$	-	
11/01/43	$	2,610,000.00	$	-	$	71,775.00	$	508,312.50	

16

Date	Balance	Prinicpal	Interest	Total	

05/01/44	
$	2,610,000.00	
$	380,000.00	$	71,775.00	
$	-	
11/01/44	$	2,230,000.00	$	-	$	61,325.00	$	513,100.00	
05/01/45	$	2,230,000.00	$	400,000.00	$	61,325.00	$	-	
11/01/45	$	1,830,000.00	$	-	$	50,325.00	$	511,650.00	
05/01/46	$	1,830,000.00	$	420,000.00	$	50,325.00	$	-	
11/01/46	$	1,410,000.00	$	-	$	38,775.00	$	509,100.00	
05/01/47	$	1,410,000.00	$	445,000.00	$	38,775.00	$	-	
11/01/47	$	965,000.00	$	-	$	26,537.50	$	510,312.50	
05/01/48	$	965,000.00	$	470,000.00	$	26,537.50	$	-	
11/01/48	$	495,000.00	$	-	$	13,612.50	$	510,150.00	
05/01/49	$	495,000.00	$	495,000.00	$	13,612.50	$	508,612.50	
		$	7,220,000.00	$	6,765,331.25	$	14,302,193.75	

17

Proposed Budget
Series 2019 3B Debt Service Fund

	Adopted Budget	Actuals Thru	Projected Next	Total Projected	Proposed Budget	
	FY 2022	2/28/21	7 Months	9/30/22	FY 2023	

Revenues						
Assessments	$	335,844	$	307,553	$	28,291	$	335,844	$	335,844	
Interest	$	-	$	8	$	-	$	8	$	-	
Carry Forward Surplus	$	140,744	$	142,811	$	-	$	142,811	$	146,019	
Total Revenues	$	476,588	$	450,372	$	28,291	$	478,663	$	481,863	

Expenditures						
Interest - 11/1	$	118,282	$	118,822	$	-	$	118,822	$	117,159	
Interest - 5/1	$	118,822	$	-	$	118,822	$	118,822	$	117,159	
Principal - 5/1	$	95,000	$	-	$	95,000	$	95,000	$	100,000	
Total Expenditures	$	332,104	$	118,822	$	213,822	$	332,644	$	334,319	
						
Excess Revenues/(Expenditures)	$	144,484	$	331,550	$	(185,531)	$	146,019	$	147,544	
				
Interest - 11/1/23	
$115,409	

18

Date	Balance	Prinicpal	Interest	Total

11/01/22	$	5,295,000.00	$	-	$	117,159.38	$	330,981.25	
05/01/23	$	5,295,000.00	$	100,000.00	$	117,159.38		
11/01/23	$	5,195,000.00	$	-	$	115,409.38	$	332,568.75	
05/01/24	$	5,195,000.00	$	105,000.00	$	115,409.38		
11/01/24	$	5,090,000.00	$	-	$	113,571.88	$	333,981.25	
05/01/25	$	5,090,000.00	$	110,000.00	$	113,571.88		
11/01/25	$	4,980,000.00	$	-	$	111,371.88	$	334,943.75	
05/01/26	$	4,980,000.00	$	115,000.00	$	111,371.88		
11/01/26	$	4,865,000.00	$	-	$	109,071.88	$	335,443.75	
05/01/27	$	4,865,000.00	$	120,000.00	$	109,071.88		
11/01/27	$	4,745,000.00	$	-	$	106,671.88	$	335,743.75	
05/01/28	$	4,745,000.00	$	120,000.00	$	106,671.88		
11/01/28	$	4,625,000.00	$	-	$	104,271.88	$	330,943.75	
05/01/29	$	4,625,000.00	$	125,000.00	$	104,271.88		
11/01/29	$	4,500,000.00	$	-	$	101,771.88	$	331,043.75	
05/01/30	$	4,500,000.00	$	135,000.00	$	101,771.88		
11/01/30	$	4,365,000.00	$	-	$	99,071.88	$	335,843.75	
05/01/31	$	4,365,000.00	$	140,000.00	$	99,071.88		
11/01/31	$	4,225,000.00	$	-	$	96,009.38	$	335,081.25	
05/01/32	$	4,225,000.00	$	145,000.00	$	96,009.38		
11/01/32	$	4,080,000.00	$	-	$	92,837.50	$	333,846.88	
05/01/33	$	4,080,000.00	$	150,000.00	$	92,837.50		
11/01/33	$	3,930,000.00	$	-	$	89,556.25	$	332,393.75	
05/01/34	$	3,930,000.00	$	160,000.00	$	89,556.25		
11/01/34	$	3,770,000.00	$	-	$	86,056.25	$	335,612.50	
05/01/35	$	3,770,000.00	$	165,000.00	$	86,056.25		
11/01/35	$	3,605,000.00	$	-	$	82,446.88	$	333,503.13	
05/01/36	$	3,605,000.00	$	170,000.00	$	82,446.88		
11/01/36	$	3,435,000.00	$	-	$	78,728.13	$	331,175.00	
05/01/37	$	3,435,000.00	$	180,000.00	$	78,728.13	
11/01/37	$	3,255,000.00	$	-	$	74,790.63	$	333,518.75	
05/01/38	$	3,255,000.00	$	190,000.00	$	74,790.63	
11/01/38	$	3,065,000.00	$	-	$	70,634.38	$	335,425.00	
05/01/39	$	3,065,000.00	$	195,000.00	$	70,634.38	
11/01/39	$	2,870,000.00	$	-	$	66,368.75	$	332,003.13	
05/01/40	$	2,870,000.00	$	205,000.00	$	66,368.75	
11/01/40	$	2,665,000.00	$	-	$	61,628.13	$	332,996.88	
05/01/41	$	2,665,000.00	$	215,000.00	$	61,628.13	
11/01/41	$	2,450,000.00	$	-	$	56,656.25	$	333,284.38	
05/01/42	$	2,450,000.00	$	225,000.00	$	56,656.25	
11/01/42	$	2,225,000.00	$	-	$	51,453.13	$	333,109.38	
05/01/43	$	2,225,000.00	$	235,000.00	$	51,453.13	
11/01/43	$	1,990,000.00	$	-	$	46,018.75	$	332,471.88	

19

Date	Balance	Prinicpal	Interest	Total	

05/01/44	
$	1,990,000.00	
$	245,000.00	$	46,018.75		
11/01/44	$	1,745,000.00	$	-	$	40,353.13	$	331,371.88	
05/01/45	$	1,745,000.00	$	260,000.00	$	40,353.13		
11/01/45	$	1,485,000.00	$	-	$	34,340.63	$	334,693.75	
05/01/46	$	1,485,000.00	$	270,000.00	$	34,340.63		
11/01/46	$	1,215,000.00	$	-	$	28,096.88	$	332,437.50	
05/01/47	$	1,215,000.00	$	285,000.00	$	28,096.88		
11/01/47	$	930,000.00	$	-	$	21,506.25	$	334,603.13	
05/01/48	$	930,000.00	$	295,000.00	$	21,506.25		
11/01/48	$	635,000.00	$	-	$	14,684.38	$	331,190.63	
05/01/49	$	635,000.00	$	310,000.00	$	14,684.38		
11/01/49	$	325,000.00	$	-	$	7,515.63	$	332,200.00	
05/01/50	$	325,000.00	$	325,000.00	$	7,515.63	$	332,515.63	
		$	5,295,000.00	$	4,156,106.25	$	9,664,928.13	

20

Proposed Budget
Series 2019 3C Debt Service Fund

	Adopted Budget	Actuals Thru	Projected Next	Total Projected	Proposed Budget	
	FY 2022	2/28/21	7 Months	9/30/22	FY 2023	

Revenues						
Assessments	$	228,506	$	206,527	$	21,979	$	228,506	$	225,524	
Interest	$	-	$	5	$	-	$	5	$	-	
Carry Forward Surplus	$	115,247	$	128,773	$	-	$	128,773	$	87,052	
Total Revenues	$	343,753	$	335,305	$	21,979	$	357,284	$	312,577	

Expenditures						
Interest - 11/1	$	80,616	$	80,616	$	-	$	80,616	$	78,438	
Special Call - 11/1	$	-	$	45,000	$	-	$	45,000	$	-	
Interest - 5/1	$	80,616	$	-	$	79,616	$	79,616	$	78,438	
Principal - 5/1	$	65,000	$	-	$	65,000	$	65,000	$	70,000	
Total Expenditures	$	226,233	$	125,616	$	144,616	$	270,232	$	226,876	
						
Excess Revenues/(Expenditures)	$	117,521	$	209,689	$	(122,636)	$	87,052	$	85,701	
				
Interest - 11/1/23	
$77,169	

21

Date	Balance	Prinicpal	Interest	Total

11/01/22	$	3,540,000.00	$	-	$	78,437.50	$	223,053.13	
05/01/23	$	3,540,000.00	$	70,000.00	$	78,437.50	$	-	
11/01/23	$	3,470,000.00	$	-	$	77,168.75	$	225,606.25	
05/01/24	$	3,470,000.00	$	70,000.00	$	77,168.75	$	-	
11/01/24	$	3,400,000.00	$	-	$	75,900.00	$	223,068.75	
05/01/25	$	3,400,000.00	$	75,000.00	$	75,900.00	$	-	
11/01/25	$	3,325,000.00	$	-	$	74,540.63	$	225,440.63	
05/01/26	$	3,325,000.00	$	75,000.00	$	74,540.63	$	-	
11/01/26	$	3,250,000.00	$	-	$	73,040.63	$	222,581.25	
05/01/27	$	3,250,000.00	$	80,000.00	$	73,040.63	$	-	
11/01/27	$	3,170,000.00	$	-	$	71,440.63	$	224,481.25	
05/01/28	$	3,170,000.00	$	80,000.00	$	71,440.63	$	-	
11/01/28	$	3,090,000.00	$	-	$	69,840.63	$	221,281.25	
05/01/29	$	3,090,000.00	$	85,000.00	$	69,840.63	$	-	
11/01/29	$	3,005,000.00	$	-	$	68,140.63	$	222,981.25	
05/01/30	$	3,005,000.00	$	90,000.00	$	68,140.63	$	-	
11/01/30	$	2,915,000.00	$	-	$	66,340.63	$	224,481.25	
05/01/31	$	2,915,000.00	$	90,000.00	$	66,340.63	$	-	
11/01/31	$	2,825,000.00	$	-	$	64,540.63	$	220,881.25	
05/01/32	$	2,825,000.00	$	95,000.00	$	64,540.63	$	-	
11/01/32	$	2,730,000.00	$	-	$	62,426.88	$	221,967.50	
05/01/33	$	2,730,000.00	$	100,000.00	$	62,426.88	$	-	
11/01/33	$	2,630,000.00	$	-	$	60,201.88	$	222,628.75	
05/01/34	$	2,630,000.00	$	105,000.00	$	60,201.88	$	-	
11/01/34	$	2,525,000.00	$	-	$	57,865.63	$	223,067.50	
05/01/35	$	2,525,000.00	$	110,000.00	$	57,865.63	$	-	
11/01/35	$	2,415,000.00	$	-	$	55,418.13	$	223,283.75	
05/01/36	$	2,415,000.00	$	115,000.00	$	55,418.13	$	-	
11/01/36	$	2,300,000.00	$	-	$	52,859.38	$	223,277.50	
05/01/37	$	2,300,000.00	$	120,000.00	$	52,859.38	$	-	
11/01/37	$	2,180,000.00	$	-	$	50,189.38	$	223,048.75	
05/01/38	$	2,180,000.00	$	125,000.00	$	50,189.38	$	-	
11/01/38	$	2,055,000.00	$	-	$	47,408.13	$	222,597.50	
05/01/39	$	2,055,000.00	$	130,000.00	$	47,408.13	$	-	
11/01/39	$	1,925,000.00	$	-	$	44,515.63	$	221,923.75	
05/01/40	$	1,925,000.00	$	135,000.00	$	44,515.63	$	-	
11/01/40	$	1,790,000.00	$	-	$	41,393.75	$	220,909.38	
05/01/41	$	1,790,000.00	$	145,000.00	$	41,393.75	$	-	
11/01/41	$	1,645,000.00	$	-	$	38,040.63	$	224,434.38	
05/01/42	$	1,645,000.00	$	150,000.00	$	38,040.63	$	-	
11/01/42	$	1,495,000.00	$	-	$	34,571.88	$	222,612.50	
05/01/43	$	1,495,000.00	$	155,000.00	$	34,571.88	$	-	
11/01/43	$	1,340,000.00	$	-	$	30,987.50	$	220,559.38	

22

Date	Balance	Prinicpal	Interest	Total	

05/01/44	
$	1,340,000.00	
$	165,000.00	$	30,987.50	
$	-	
11/01/44	$	1,175,000.00	$	-	$	27,171.88	$	223,159.38	
05/01/45	$	1,175,000.00	$	175,000.00	$	27,171.88	$	-	
11/01/45	$	1,000,000.00	$	-	$	23,125.00	$	225,296.88	
05/01/46	$	1,000,000.00	$	180,000.00	$	23,125.00	$	-	
11/01/46	$	820,000.00	$	-	$	18,962.50	$	222,087.50	
05/01/47	$	820,000.00	$	190,000.00	$	18,962.50	$	-	
11/01/47	$	630,000.00	$	-	$	14,568.75	$	223,531.25	
05/01/48	$	630,000.00	$	200,000.00	$	14,568.75	$	-	
11/01/48	$	430,000.00	$	-	$	9,943.75	$	224,512.50	
05/01/49	$	430,000.00	$	210,000.00	$	9,943.75	$	-	
11/01/49	$	220,000.00	$	-	$	5,087.50	$	225,031.25	
05/01/50	$	220,000.00	$	220,000.00	$	5,087.50	$	225,087.50	
		$	3,540,000.00	$	2,788,257.50	$	6,472,873.13	

23

Proposed Budget
Series 2020 3D Debt Service Fund

	Adopted Budget	Actuals Thru	Projected Next	Total Projected	Proposed Budget	
	FY 2022	2/28/21	7 Months	9/30/22	FY 2023	

Revenues						
Assessments	$	399,907	$	366,237	$	33,671	$	399,907	$	399,925	
Interest	$	-	$	8	$	-	$	8	$	-	
Carry Forward Surplus	$	130,174	$	130,175	$	-	$	130,175	$	129,741	
Total Revenues	$	530,082	$	496,420	$	33,671	$	530,091	$	529,667	

Expenditures						
Interest - 11/1	$	130,172	$	130,172	$	-	$	130,172	$	128,334	
Interest - 5/1	$	130,172	$	-	$	130,172	$	130,172	$	128,334	
Principal - 5/1	$	140,000	$	-	$	140,000	$	140,000	$	145,000	
Total Expenditures	$	400,344	$	130,172	$	270,172	$	400,344	$	401,669	

Other Financing Sources/(Uses)						
Transfer In/(Out)	$	-	$	(6)	$	-	$	(6)	$	-	
Total Other Financing Sources/(Uses)	$	-	$	(6)	$	-	$	(6)	$	-	
						
Excess Revenues/(Expenditures)	$	129,738	$	366,242	$	(236,501)	$	129,741	$	127,998	
				
Interest - 11/1/23	
$126,431	

24

Date	Balance	Prinicpal	Interest	Total

11/01/22	$	6,950,000.00	$	-	$	128,334.38	$	398,506.25	
05/01/23	$	6,950,000.00	$	145,000.00	$	128,334.38	$	-	
11/01/23	$	6,805,000.00	$	-	$	126,431.25	$	399,765.63	
05/01/24	$	6,805,000.00	$	145,000.00	$	126,431.25	$	-	
11/01/24	$	6,660,000.00	$	-	$	124,528.13	$	395,959.38	
05/01/25	$	6,660,000.00	$	150,000.00	$	124,528.13	$	-	
11/01/25	$	6,510,000.00	$	-	$	122,559.38	$	397,087.50	
05/01/26	$	6,510,000.00	$	155,000.00	$	122,559.38	$	-	
11/01/26	$	6,355,000.00	$	-	$	120,137.50	$	397,696.88	
05/01/27	$	6,355,000.00	$	160,000.00	$	120,137.50	$	-	
11/01/27	$	6,195,000.00	$	-	$	117,637.50	$	397,775.00	
05/01/28	$	6,195,000.00	$	165,000.00	$	117,637.50	$	-	
11/01/28	$	6,030,000.00	$	-	$	115,059.38	$	397,696.88	
05/01/29	$	6,030,000.00	$	170,000.00	$	115,059.38	$	-	
11/01/29	$	5,860,000.00	$	-	$	112,403.13	$	397,462.50	
05/01/30	$	5,860,000.00	$	175,000.00	$	112,403.13	$	-	
11/01/30	$	5,685,000.00	$	-	$	109,668.75	$	397,071.88	
05/01/31	$	5,685,000.00	$	180,000.00	$	109,668.75	$	-	
11/01/31	$	5,505,000.00	$	-	$	106,406.25	$	396,075.00	
05/01/32	$	5,505,000.00	$	190,000.00	$	106,406.25	$	-	
11/01/32	$	5,315,000.00	$	-	$	102,962.50	$	399,368.75	
05/01/33	$	5,315,000.00	$	195,000.00	$	102,962.50	$	-	
11/01/33	$	5,120,000.00	$	-	$	99,428.13	$	397,390.63	
05/01/34	$	5,120,000.00	$	200,000.00	$	99,428.13	$	-	
11/01/34	$	4,920,000.00	$	-	$	95,803.13	$	395,231.25	
05/01/35	$	4,920,000.00	$	210,000.00	$	95,803.13	$	-	
11/01/35	$	4,710,000.00	$	-	$	91,996.88	$	397,800.00	
05/01/36	$	4,710,000.00	$	220,000.00	$	91,996.88	$	-	
11/01/36	$	4,490,000.00	$	-	$	88,009.38	$	400,006.25	
05/01/37	$	4,490,000.00	$	225,000.00	$	88,009.38	$	-	
11/01/37	$	4,265,000.00	$	-	$	83,931.25	$	396,940.63	
05/01/38	$	4,265,000.00	$	235,000.00	$	83,931.25	$	-	
11/01/38	$	4,030,000.00	$	-	$	79,671.88	$	398,603.13	
05/01/39	$	4,030,000.00	$	245,000.00	$	79,671.88	$	-	
11/01/39	$	3,785,000.00	$	-	$	75,231.25	$	399,903.13	
05/01/40	$	3,785,000.00	$	250,000.00	$	75,231.25	$	-	
11/01/40	$	3,535,000.00	$	-	$	70,700.00	$	395,931.25	
05/01/41	$	3,535,000.00	$	260,000.00	$	70,700.00	$	-	
11/01/41	$	3,275,000.00	$	-	$	65,500.00	$	396,200.00	
05/01/42	$	3,275,000.00	$	270,000.00	$	65,500.00	$	-	
11/01/42	$	3,005,000.00	$	-	$	60,100.00	$	395,600.00	
05/01/43	$	3,005,000.00	$	285,000.00	$	60,100.00	$	-	
11/01/43	$	2,720,000.00	$	-	$	54,400.00	$	399,500.00	

25

Date	Balance	Prinicpal	Interest	Total	

05/01/44	
$	2,720,000.00	
$	295,000.00	$	54,400.00	
$	-	
11/01/44	$	2,425,000.00	$	-	$	48,500.00	$	397,900.00	
05/01/45	$	2,425,000.00	$	305,000.00	$	48,500.00	$	-	
11/01/45	$	2,120,000.00	$	-	$	42,400.00	$	395,900.00	
05/01/46	$	2,120,000.00	$	320,000.00	$	42,400.00	$	-	
11/01/46	$	1,800,000.00	$	-	$	36,000.00	$	398,400.00	
05/01/47	$	1,800,000.00	$	330,000.00	$	36,000.00	$	-	
11/01/47	$	1,470,000.00	$	-	$	29,400.00	$	395,400.00	
05/01/48	$	1,470,000.00	$	345,000.00	$	29,400.00	$	-	
11/01/48	$	1,125,000.00	$	-	$	22,500.00	$	396,900.00	
05/01/49	$	1,125,000.00	$	360,000.00	$	22,500.00	$	-	
11/01/49	$	765,000.00	$	-	$	15,300.00	$	397,800.00	
05/01/50	$	765,000.00	$	375,000.00	$	15,300.00	$	-	
11/1/50	$	390,000.00	$	-	$	7,800.00	$	398,100.00	
5/1/51	$	390,000.00	$	390,000.00	$	7,800.00	$	397,800.00	
		$	6,950,000.00	$	4,705,600.00	$	11,925,771.88	

26

Proposed Budget Capital Reserve Fund

Proposed Budget	Actuals Thru	Projected Next	Total Projected	Proposed Budget	
FY 2022	2/28/21	7 Months	9/30/22	FY 2023	

Revenues					
Interest	$	-	$	-	$	-	$	-	$	-	
Carry Forward Surplus	$	-	$	-	$	-	$	-	$	90,000	
Total Revenues	$	-	$	-	$	-	$	-	$	90,000	

Expenditures					
Capital Outlay	$	-	$	-	$	-	$	-	$	-	
Total Expenditures	$	-	$	-	$	-	$	-	$	-	

Other Financing Sources/(Uses)					
Transfer In/(Out)	$	68,303	$	-	$	90,000	$	90,000	$	97,380	
Total Other Financing Sources/(Uses)	$	68,303	$	-	$	90,000	$	90,000	$	97,380	
					
Excess Revenues/(Expenditures)	$	68,303	$	-	$	90,000	$	90,000	$	187,380	

27

SECTION V

Highland Community Management

PHONE:

STRUCTURAL ALTERATION APPLICATION

OWNER'S NAME:	s- (" \..,,.v,..r-	c.•.

l A vt '19

ADDRESS: S'LS\ W'-'-,k Sy ·eT l.A '.A"IA. F-L-
EMAIL ADDRESS:  b	.i;.\     \M..\c, €- 'i  G\.'-'6    (l;	SUBDMSION: Tc..w ·"" 9c-.c-      U....

DESCRIBE IN DETAIL, TYPE OF ALTERATION:	,-.... <""'cU\ \ic	• "'-5 ct.Qfrc.-; v,\\.

\ov.. \&

Ct..	 "1- \O  w	c"\	....._  .A#   e;,V\. + '-'.<..   f -o AA...  G'\	s -<- \- \ :i	ll H.,a,..,:A	\jl,C, 4,'.
"'  •  ·"""SC...   \¼CL'°C..o \ c r 	o 	--\-\...JL.  '?\   o c. L     L,J  ',  \\  	\,    f      0	et ::lt \A..r  d\. \ 	U		t

:c \A.) l, '=> v.. , a <J'\:} :t e. "' (...'<- w \ ½, \--\.,.c... '-' f \ Q e.t:: A..
 	    L   '    t-')\,. \:z O f"'	W ¼ a	b (,A	\   \-	\  0,    S	J.._ 4' C..\,   () ...., -+-\...	(:>0 -..,,J,. \ "'- '?...4' '"u:S ,
'""'    A.ts<-      W  l \\.   \  -1 C:\..   '-A.     {.	0   't""f'<.S.    "\S '.           \	'--, '"'-
(IF  MORE SPACE IS  REQUIRED, PLEASE ATTACH TO THIS FORM.  THA  K YOU)	c.	c..  -    \°½ '-'-\  .5.
PLEASE INCLUDE THE FOLLOWING ITEMS ALONG WITH THIS APPUCATION:
A picture of the structure you will be installing to include the materials, color and
dimensions
A copy of the contractor's estimate to confirm the structure to be installed
A sketch of the proposed installation to be done on a survey of your lot
*Any missing documents can delay the review of your appllcation.

If approval is granted, it is not to be construed to cover approval of any County or City Code Requirements. A building permit from the appropriate building department is needed on most property alterations and/or improvements. The Architectural Review Committee shall have no liability or obligation to determine whether such improvement, alteration and addition comply with any applicable law, rule, regulation, code or ordinance.
Homeowner Signature: wk c.kL--- Date: 3 ( q J·2 1_

 	
 	
---

Approved
Approved with changes (see attached) Denied: see reasons

HOA Signature: 	Date: 	_

*Please return form by email: admin@hcmanagement.org

4110  8 0  U TH     F L O R I  D A   A V II  ,    8 U I  T E    200 •   L  A K E L  A N D / F L O R I  D A   •    3  3 8 13
Phone,  883-940-2863 •

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ARTHUR CLDTON LAMB AND KIMHERLY IAMB
MIDFLOJUDA CREDIT UNION

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LEGAL DESCRIPTION: LOT 4, BLOCKS OF TOWNE PARK ESTATES II AS RECORDED IN PLAT
BOOK 163, PAGES 47 - 54; OF THE PUBIJC RECORDS OF POLK COUNIY, FLORIDA

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P.O.BOX 804, LAKELAND, FL.33802
TEL (86.1)648-2363FAX (863)648-526.1

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EASEMENT O.R.B. 6180. PG. 522

6

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DevelQ1?ment. Conducting thereon its business of completing the development and disposing of the same by sale, lease or otherwise. However, any and all Work described herein and proposed to be perfonned must be perfonned in accordance with the provisions of the A. R.B. Guidelines.

- Maintaining such signs as may be reasonably necessary or convenient in oonnection with the development or thesale,lease or other transfer of Hornes and/or Lots.

Declaranrs  rights  under  this  Article III may be	signed by Declarant to Builder in
whole or in part and on an exclusive or non-exclusive basis .
Sestion 50: INGRESS AND EGRESS. Each Lot Owner shall have a perpetual, unrestricted easement over, across and through the Common Property for the purpose of ingress to and egress from his Lot, subject only to the right of the Association to impose reasonable and non-discriminatory Rules and Regulations governing the manner in which such easement is exercised, which easement shall be appurtenant to and pass with ownership to each Lot.
Section SJi	CONTINUOUS MAINTENANCE OF EASEMENTS BY THE CDD.
The COD shall be responsible for the continuous maintenance of the easements and rights-of-way of thedrainage system located on the Property. This obligation shall run with the land as doother provisions of this Declaration, and any Lot Owner may enforce this covenant and will be entitled to costs and fees, pursuant to Article XIV, Section 1 hereof, which resu)t from such enforcement.
Sedf9n 52;	RESTRICTIONS	ON	USE	OF	LAKES,	WATERWAYS,
WETLANDS, OR OTHER BODIES OF WATER. With respect to any lakes, waterways, wetlands or other bodies of water located on the Properly, no Lot Owner, Resident, guest or any temporary occupant of a Home shall: (i) disturb, remove, alter or in any way disrupt vegetation thereon; or (ii) oonnect to any lake, waterway, wetland or other body of water through the use of a we) pump, ditch or other system of any nature for any purpose, including, but not limited to, lawn irrigation. ]awn maintenance, water features or for any other use. ln addition, no Lot Owner, Resident or any temporary occupant of a Home sha11 dig a weJl on any Lot for any purpose, including but not limited to, lawn irrigation, lawn maintenance, water features or for any other use. The provisions of this Section shall not apply to Declarant or Builder. No amendment to this Section shall be effective without the express prior written consent of Declarant

No Boats or watercraft with gasoline powered engines shall be pennitted on any lake, pond or water way within the property. Watercraft shall be limited to paddle boats, canoes or boats powered with electric trolJing motors.
Docks. Shall besubjectto any government agency regulatoryre.quirements but shall be limited as foJlo ws:
Maximum widtlt 6'
Maximum length 30', as mea5urcd from rear property line.
No canopy or covered deck.

22

Stacy M. Butterfield POLK
CFN# 2017128686 OR BK 10197 PG 105 Pgs 0084-016107/072/.017 07: 21:40 AM

All material shall be new and designed for this use.
All construction shaJJ be perfonned in a workman like manor.

Section 53: AVIGATION AGREEMENT. The parties acknowledge that these lots are subject to the terms and conditions of an Avigation Agreement with the City of Lakeland, which is dated March 20, 2017, and recorded March 24, 2017 in Official Records Book 10100, Pages 5 J0-514, public records of Polk County, Florida, theterms of which are hereby incorporated by reference. Generally, those terms provide that owners of the subject waives any and aJI claims relating to or resulting from noise incidental to the use and operation of the airport.

ARTICLE IV ARCHITECTURAL CONTROLS
Section I; A.R.B. GUIDELINES. The A.RB. has adopted, and shall adopt from time to time, restrictions and guidelines that shall apply to each and every Lot and Home now or hereafter located on a Lot within the Community, which restrictions and guidelines may change from time to time ("A.R.B. Guidelines"). Lot Owners may contact the Association to obtain a copy of the A .R B. Guidelines.
Section 2:	APPROVAL OF PLANS; ARCHITECTURAL REVIEW BOARD.
For the purpose of further insuring the development of the Community as a residential area of the highest quality and standards, and in order that all improvements on each Lot and with regard to a Home (including landscaping) shaJI present an attractive and pleasing appearance from all side of view, the A.R.B., consisting of not less than three(3) nor more than five(5) members appointed by the Board, shall have the exclusive power and discretion to control and approve all of the improvements on each Lot in the manner and to theex.tent set forth herein.
Notwithstanding any provision to the contrary, Declarant shall  be entitled to appoint all members of the A.R. B. until such time as Declarant no longer owns any portion of the Property. Upon such time as Declarant no longer owns any portion of the Property, the members of the A.R.B.shall be appointed by the Board.
No Home, building, fence, wall, mail box, utility yard, driveway, walkway, deck, sign (including "For Sale" signs), recreation equipment, patio, swimming pool, spa, landscaping or other structure or improvement, regardless of size or purpose, whether attached to or detached from the Home, shall be commenced, placed, erected, or allowed to remain on any Lot, nor shall any modification, addition to, or exterior change or alteration thereto be made, unless and until a request therefor has been submitted to and approved in writing by the A.R.B.
The A.R.B. is authorized, but shall not be obligated, to require that the applicant for such approval include together with the request therefor such plans, specifications, drawings, information and materials as the A.R.B. may request in order

23

Stacy M. Butterfield POLK
CFN# 2017128686 OR BK 10197 PG 106 Pgs 0084--0161 07/07/2017 07:21:40 AM

SECTION VI

RESOLUTION 2022-03

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE TOWNE PARK COMMUNITY DEVELOPMENT DISTRICT PROVIDING FOR AND AUTHORIZING THE USE OF ELECTRONIC DOCUMENTS AND SIGNATURES; ADOPTING AND IMPLEMENTING ELECTRONIC DOCUMENT	CONTROL	PROCESSES	AND PROCEDURES; PROVIDING FOR SEVERABILTY AND AN EFFECTIVE DATE.

WHEREAS, the Towne Park Community Development District (the “District”) is a local unit of special purpose government created and existing pursuant to Chapter 190, Florida Statutes, and situated within the City of Lakeland, Polk County, Florida; and

WHEREAS, Chapter 190, Florida Statutes, authorizes the District to construct, install, operate, and/or maintain systems and facilities for certain basic infrastructure; and

WHEREAS, Chapter 190, Florida Statutes authorizes the District Board of Supervisors, to enter into various contracts for the purposes set forth therein; and

WHEREAS, the District Board of Supervisors finds that it is the interest of the District and its residents to reduce waste, costs, and to enhance services; and

WHEREAS, the District Board of Supervisors recognizes that the Florida Legislature, through the passage of The Electronic Signature Act of 1996, intended to, among other goals, facilitate economic development and efficient delivery of government services by means of reliable electronic messages and foster the development of electronic commerce though the use of electronic signatures to lend authenticity and integrity to writings in any electronic medium; and

WHEREAS, the District Board of Supervisors wishes to further these goals through the use of electronic documents and signatures.

NOW THEREFORE BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE TOWNE PARK COMMUNITY DEVELOPMENT DISTRICT:

SECTION 1. INCORPORATION OF RECITALS. The recitals so stated are true and correct and by this reference are incorporated into and form a material part of this Resolution.

SECTION 2. FORCE AND EFFECT OF ELECTRONIC DOCUMENTS AND
SIGNATURES. Unless otherwise provided by law, electronic documents and signatures submitted to and on behalf of the District may be used for all purposes and shall have the same force and effect as printed documents and manual signatures.

1

SECTION 3. AUTHORIZING UTILIZATION OF ELECTRONIC SIGNATURES
AND DOCUMENTS. All contractors and personnel associated with the District are hereby authorized and encouraged to utilize electronic documents and signatures when reasonably practicable and as permitted by law. The District Manager is authorized and directed to obtain the provision of electronic document services or platforms offered by nationally recognized third party vendors that increase the efficiency of the District’s operations.

SECTION 4. CONTROLS PROCESSES AND PROCEDURES. The District Board
of Supervisors hereby authorizes and directs the District Manager to create control processes and procedures consistent with Florida Law to ensure adequate integrity, security, confidentiality, and auditability of all transactions conducted using electronic commerce.

SECTION 5. SEVERABILITY. If any provision of this Resolution is held to be illegal or invalid, the other provisions shall remain in full force and effect.

SECTION 6. EFFECTIVE DATE. This Resolution shall take effect upon its passage and shall remain in effect unless rescinded or repealed.

PASSED AND ADOPTED this 12th day of April 2022.

ATTEST:	TOWNE PARK COMMUNITY DEVELOPMENT DISTRICT

Secretary/Assistant Secretary	Chair/Vice Chair

2

SECTION VII

Closed Board Discussion

SECTION VIII

SECTION B

S ECTIO N 1

,,.

April 6, 2022

Mr. Rennie Heath, Chairman Towne Park CDD
c/o Ms. Jillian Burns District Manager
219 East Livingston Street Orlando, Florida 32801
Phone: 407-841-5524
Fax: 407-839-1526

Re: Towne Park CDD Stormwater Needs Analysis RES # 21-188

Dear Mr. Heath,

Rayl Engineering and Surveying, LLC (“Consultant”) is pleased to submit this letter agreement (“Agreement”) to the Towne Park CDD (“Client”) for Professional services for the project referenced above. Our scope of services, fee, and schedule are shown below.

Task 1 Stormwater Needs Analysis: The Consultant will prepare a Stormwater Needs Analysis to enable the District to comply with the new Chapter No. 2021-194, Laws of Florida (HB 53, 2021 Session). This section requires all local governments (including CDDs) with wastewater or stormwater management systems to create a 20-year needs analysis, including a description of the system, the number of future residents served, revenues and expenditures, maintenance costs, etc., and transmit the analysis to the Legislature’s Office of Economic and Demographic Research (EDR) by June 2022.
To that end, the Consultant will prepare the required Stormwater Needs Assessment in a format that will comply with the provisions of the new statute and submit same to the EDR on behalf of the District. Updating of the District’s Assessment will be an ongoing activity, as the statute requires the document to be revisited and updated every 5 years. This agreement will cover the preparation and submittal of the initial document. Future occurrences will be addressed in separate proposals.

Additional Services:

We present this as a comprehensive proposal, however, we remain available to provide Additional Services, as requested. If not provided for as a Lump Sum Fee Task, these Additional Services will be billed at our then current hourly rates, a copy of which are attached, and may include but are not limited to:

Civil Engineering Design or Permitting Services, not specified above, including utilities, SWFWMD ERP, Polk County, and FDOT permitting.
Coordination or meetings not described above, including but not limited to additional meetings with the Client, other Consultants, Applicants or their representatives, Attorneys, or Regulatory Officials or staff.
Land surveying services, including boundary, topographic, as-built surveying, or construction staking.
Construction services, including pre-construction meeting(s), observation, or inspections.
A copy of the hourly rate schedule is attached to this proposal and is included by reference.

810 East Main Street • Bartow, FL 33830 • 863-537-7901 • alan@raylengineering.com www.raylengineering.com

Services Not Included:

Geotechnical Engineering, testing, or materials certification services
Environmental Assessments
Payment of application, connection, permitting, or any other project related fees
Traffic studies
NPDES permitting
Land Use/Zoning changes/PD Modifications and public hearings
Landscape Architecture or Irrigation design services
Final Platting

Schedule:

The Consultant will commence work immediately upon receipt of this signed Agreement.

Fee and Billing:

Task 1: All services will be performed at our then current hourly rates, not to exceed $10,000 without additional authorization.

All direct project reimbursable expenses such as overnight mail and copying/printing costs will be billed at 1.15 times their actual cost. Mileage will be billed for all project related travel.

The Client is responsible for all recording, application, impact, connection, or permitting fees, if applicable.

Invoices will be issued monthly and will represent the progress of the work completed at the time of the issuance of the invoice. Invoices are due and payable upon receipt and are considered past due if outstanding over 25 days.

The Client will receive invoices via email. If an original (via mail) copy is desired, please provide a mailing address in the space located below the Authorization to Proceed.

810 East Main Street • Bartow, FL 33830 • 863-537-7901 • alan@raylengineering.com www.raylengineering.com

Authorization to Proceed:

This Agreement is subject only to the attached Terms and Conditions, receipt of which is hereby acknowledged. By signing below, the Client is authorizing the Consultant to proceed with the services outlined herein, for the stated fees, subject to those Terms and Conditions.

Rayl Engineering and Surveying, LLC appreciates the opportunity to be of service to you. If you have any questions, please contact us.

Sincerely,

Alan L. Rayl, PE, PSM (FL, GA, IN; FL)
Rayl Engineering and Surveying, LLC

Attachments: Hourly Rate Schedule, Terms and Conditions

Client Authorization

Accepted by: 	Date: 	

Printed Name/Title:	

810 East Main Street • Bartow, FL 33830 • 863-537-7901 • alan@raylengineering.com www.raylengineering.com

S EC T l·ON·C

Towne Park CDD
Field Management Report

April 12, 2022 Clayton Smith

1

Field Services Manager GMS

Towne Park CDD Field Management Report | GMS 2022

Complete

Playground Pressure Washing

Amenity 1 playground was pressure washed. The equipment had accumulated algae in some locations.
The slides, and all other portions were cleaned.

Amenity 1 Sidewalk Pressure washing

Pressure washing of amenity 1 sidewalks was completed.
Sidewalks were pressured washing inside and outside the amenity area.

2

Towne Park CDD Field Management Report | GMS 2022

Complete

Warranty Fence Replacement

The fence section that was stolen was replaced.
Old concrete had to be removed.
All posts were set in new concrete.

Mulch and Annuals

Annuals were replaced at the front on both sides.
430 yards of mulch were added per the contracted amount.
The mulch is usually added in May but it was moved up because the property hadn’t been mulched in some time. Additional mulch in November.

3

Towne Park CDD Field Management Report | GMS 2022

Gate Repair and Amenity Clean-up

Gate hinges were repaired.
Slow closer was damaged and has been Replaced.
Tidied up pool pump area.

Reset parking stops that had been dislodged.
Added longer screws to amenity 2 door hinge.
Repaired bathroom partition that was coming out of the wall.

4

Towne Park CDD Field Management Report | GMS 2022

Insect Management

Some resident complaints regarding insect activity.
The insects appear to be midges.
Working on a one-time treatment.
Recommend fish stocking.
This service can be provided at $140 per acre.

1000 Gambusia and 500 grass shrimp per acre for effective management.
Recommended to stock a few ponds in the vicinity of the amenities and other problem ponds.

5

Towne Park CDD Field Management Report | GMS 2022

Upcoming

Phase 3 and 4 Bollards

Additional bollards needed along the sidewalk at phase 3 and 4.
Vehicles can pass through currently which is damaging the landscape area.
Proposals pending.

Phase 5 and 6 Mailbox Solar Lights

Request to add solar lights to mailboxes in phase 5&6.
Similar solar lights to those added at Amenity 2.
Proposal pending

6

Towne Park CDD Field Management Report | GMS 2022

7

Conclusion

csmith@gmscfl.com

Towne Park CDD Field Management Report | GMS 2022

S	E CTION 1

,,.

Item will be provided under separate cover.

.	. .
S E CTION 2

Item will be provided under separate cover.

SECTION D

S ECTION 1

,,.

Towne Park
Community Development District
Summary of Operating Checks

February 28, 2022 to April 5, 2022

Bank	Date	Check No.'s	Amount

General Fund	3/1/22	306-309	$	359,912.14	
	3/14/22	310-315	$	32,671.01	
	3/17/22	316-321	$	5,948.28	
	3/31/22	322	$	4,400.00	
	4/1/22	323	$	100.00	

$	403,031.43

$	403,031.43

.	. .
S E CTION 2

Towne Park
Community Development District

Unaudited Financial Reporting
February 28, 2022

Table of Contents

1	 	Balance Sheet	

2-3	
 	General Fund 	

4	
 	Series 2016 - 2A Debt Service Fund	

5	
 	Series 2018 - 2B Debt Service Fund	

6	
 	Series 2018 - 3A Debt Service Fund	

7	
 	Series 2019 - 3B Debt Service Fund	

8	
 	Series 2019 - 3C Debt Service Fund	

9	
 	Series 2020 - 3D Debt Service Fund	

10	
 	Combined Capital Projects Funds	

11-12	
 	Month to Month	

13	
 	Assessment Receipt Schedule	

Towne Park

Totals Governmental Funds

Capital Projects Fund

Debt Service Fund

General Fund

Community Development District Combined Balance Sheet February 28, 2022

Assets:
Cash:
Operating Account Capital Projects Account
Investments: Series 2016 - 2A

$	1,216,911

$	-	$	-	$	1,216,911	
$	-	$	1,000	$	1,000	

$	-

Reserve	$	-	$	111,450	$	-	$	111,450	
Revenue	$	-	$	78,254	$	-	$	78,254	
Prepayment Series 2018 - 2B
Reserve	$	-	$	338	$	-	$	338

$	-	$	60,675	$	-	$	60,675	
Revenue	$	-	$	87,436	$	-	$	87,436	
Construction Series 2018 - 3A
Reserve	$	-	$	-	$	69	$	69

$	-	$	256,816	$	-	$	256,816	
Revenue	$	-	$	327,185	$	-	$	327,185	
Series 2019 - 3B		
Reserve	$	-	$	167,922	$	-	$	167,922	
Revenue	$	-	$	216,925	$	-	$	216,925	
Construction Series 2019 - 3C
Reserve	$	-	$	-

$	-	$	112,803	$	153,600

$	-	$	153,600

$	112,803	
Revenue	$	-	$	129,560	$	-	$	129,560	
Prepayment Series 2020 - 3D
Reserve	$	-	$	3,156

$	-	$	200,003	$	-

$	-	$	3,156

$	200,003	
Revenue	$	-	$	229,744	$	-	$	229,744	
Capital Interest	$	-	$	2	$	-	$	2	
Construction	$	-	$	-	$	571	$	571	
Deposits	$	4,500	$	-	$	-	$	4,500	
Due from General Fund	$	-	$	589,884	$	-	$	589,884	
Prepaid Expenses	$	2,299	$	-	$	-	$	2,299	
Total Assets	$	1,223,710	$	2,572,152	$	155,239	$	3,951,100	
Liabilities:					
Accounts Payable	$	7,681	$	-	$	-	$	7,681	
Due to Debt Service	$	589,884	$	-	$	-	$	589,884	
Total Liabilites	$	597,565	$	-	$	-	$	597,565	
Fund Balance:
Nonspendable:
Prepaid Items	$	2,299	$	-	

$	-	

$	2,299	
Restricted for:					
Debt Service - Series 2016 - 2A	$	-	$	228,170	$	-	$	228,170	
Debt Service - Series 2018 - 2B	$	-	$	192,584	$	-	$	192,584	
Debt Service - Series 2018 - 3A	$	-	$	763,189	$	-	$	763,189	
Debt Service - Series 2019 - 3B	$	-	$	499,472	$	-	$	499,472	
Debt Service - Series 2019 - 3C	$	-	$	322,492	$	-	$	322,492	
Debt Service - Series 2020 - 3D	$	-	$	566,245	$	-	$	566,245	
Capital Projects	$	-	$	-	$	155,239	$	155,239	
Unassigned	$	623,846	$	-	$	-	$	623,846	
Total Fund Balances	$	626,145	$	2,572,152	$	155,239	$	3,353,536	
					
Total Liabilities & Fund Balance	$	1,223,710	$	2,572,152	$	155,239	$	3,951,100	

Assigned for:

1

Revenues:		
Assessments - Tax Roll	$	860,473	$	787,993	$	787,993	$	-	
Other Income	$	2,400	$	1,000	$	1,360	$	360	
Total Revenues	$	862,873	$	788,993	$	789,353	$	360	

Expenditures:					
General & Administrative:					
Supervisor Fees	$	12,000	$	5,000	$	2,400	$	2,600	
Engineering Fees	$	10,000	$	4,167	$	984	$	3,182	
Attorney	$	50,000	$	20,833	$	7,690	$	13,143	
Annual Audit	$	7,500	$	-	$	-	$	-	
Assessment Roll Services	$	5,000	$	5,000	$	5,000	$	-	
Reamortization Schedules	$	625	$	550	$	550	$	-	
Arbitrage	$	2,700	$	-	$	-	$	-	
Dissemination	$	10,000	$	4,167	$	4,167	$	-	
Trustee Fees	$	23,867	$	19,608	$	19,608	$	-	
Management Fees	$	36,050	$	15,021	$	15,021	$	(0)	
Information Technology	$	1,800	$	750	$	750	$	-	
Website Maintenance	$	2,400	$	1,000	$	500	$	500	
Telephone	$	200	$	83	$	-	$	83	
Postage & Delivery	$	500	$	500	$	346	$	154	
Insurance	$	6,300	$	5,907	$	5,907	$	-	
Printing & Binding	$	1,000	$	417	$	24	$	393	
Legal Advertising	$	7,000	$	2,917	$	666	$	2,251	
Other Current Charges	$	5,000	$	2,083	$	261	$	1,823	
Office Supplies	$	200	$	83	$	12	$	72	
Dues, Licenses & Subscriptions	$	175	$	175	$	175	$	-	
Total General & Administrative	$	182,317	$	88,261	$	64,059	$	24,201	

2

Operations & Maintenance

Field Expenditures		
Property Insurance	$	30,000	$	30,000	$	19,771	$	10,229	
Field Management	$	15,000	$	6,250	$	6,250	$	-	
Landscape Maintenance	$	265,000	$	110,417	$	103,492	$	6,924	
Landscape Enhancements/Replacement	$	35,000	$	14,583	$	1,725	$	12,858	
Pond Maintenance	$	32,000	$	13,333	$	13,405	$	(72)	
Electric	$	5,400	$	2,250	$	2,211	$	39	
Streetlighting	$	20,000	$	8,333	$	-	$	8,333	
Water & Sewer	$	2,500	$	1,042	$	442	$	600	
Irrigation Repairs	$	10,000	$	4,167	$	8,563	$	(4,396)	
General Repairs & Maintenance	$	15,000	$	6,250	$	400	$	5,850	
Contingency	$	10,000	$	4,167	$	2,122	$	2,045	
Subtotal Field Expenditures	$	439,900	$	200,792	$	158,381	$	42,411	

Amenity Expenditures
Electric	

$	21,000	

$	8,750	

$	4,626	

$	4,124	
Water	$	7,500	$	3,125	$	3,906	$	(781)	
Internet & Phone	$	2,600	$	1,083	$	722	$	361	
Playground & Equipment Lease	$	23,593	$	9,830	$	9,830	$	0	
Pool Service Contract	$	33,600	$	14,000	$	13,750	$	250	
Janitorial Services	$	19,560	$	8,150	$	5,713	$	2,437	
Security Services	$	30,000	$	12,500	$	3,596	$	8,904	
Pest Control	$	4,500	$	1,875	$	375	$	1,500	
Amenity Access Management	$	5,000	$	2,083	$	2,083	$	(0)	
Amenity Repair & Maintenance	$	15,000	$	6,250	$	2,434	$	3,816	
Contingency	$	10,000	$	4,167	$	2,563	$	1,604	
Subtotal Amenity Expenditures	$	172,353	$	71,814	$	49,599	$	22,215	
					
Total Operations & Maintenance	$	612,253	$	272,605	$	207,980	$	64,626	
					
Total Expenditures	$	794,570	$	360,866	$	272,039	$	88,827	
					
Excess (Deficiency) of Revenues over Expenditures	$	68,303		$	517,314		

Other Financing Sources/(Uses):					
Transfer In/(Out) - Capital Reserve	$	(68,303)	$	-	$	-	$	-	
Total Other Financing Sources/(Uses)	$	(68,303)	$	-	$	-	$	-	
					
Net Change in Fund Balance	$	-		$	517,314		
					
Fund Balance - Beginning	$	-		$	108,831		
					
Fund Balance - Ending	$	-		$	626,145		

3

Revenues:					

Assessments - Tax Roll	
$	111,715	
$	102,304	
$	102,304	
$	-	
Interest	$	-	$	-	$	4	$	4	
Total Revenues	$	111,715	$	102,304	$	102,308	$	4	

Expenditures:					
Interest - 11/1	$	41,144	$	41,144	$	41,144	$	-	
Principal - 11/1	$	25,000	$	25,000	$	25,000	$	-	
Special Call - 11/1	$	-	$	-	$	5,000	$	(5,000)	
Interest - 5/1	$	40,519	$	-	$	-	$	-	
Total Expenditures	$	106,663	$	66,144	$	71,144	$	(5,000)	
					
Excess (Deficiency) of Revenues over Expenditures	$	5,053		$	31,164	$	5,004	
					
Fund Balance - Beginning	$	84,530		$	197,006		
					
Fund Balance - Ending	$	89,582		$	228,170		

4

Revenues:					
Assessments - Tax Roll	$	130,304	$	119,327	$	119,327	$	-	
Interest	$	-	$	-	$	3	$	3	
Total Revenues	$	130,304	$	119,327	$	119,330	$	3	

Expenditures:					
Interest - 11/1	$	46,022	$	46,022	$	46,022	$	-	
Special Call - 11/1	$	-	$	-	$	5,000	$	(5,000)	
Principal - 5/1	$	25,000	$	-	$	-	$	-	
Interest - 5/1	$	46,022	$	-	$	-	$	-	
Total Expenditures	$	117,044	$	46,022	$	51,022	$	(5,000)	
					
Excess (Deficiency) of Revenues over Expenditures	$	13,260		$	68,308		
					
Fund Balance - Beginning	$	61,580		$	124,276		
					
Fund Balance - Ending	$	74,839		$	192,584		

5

Revenues:					
Assessments - Tax Roll	$	525,011	$	480,786	$	480,786	$	-	
Interest	$	-	$	-	$	12	$	12	
Total Revenues	$	525,011	$	480,786	$	480,797	$	12	

Expenditures:					
Interest - 11/1	$	197,000	$	197,000	$	197,000	$	-	
Special Call - 11/1	$	-	$	-	$	5,000	$	(5,000)	
Principal - 5/1	$	120,000	$	-	$	-	$	-	
Interest - 5/1	$	197,000	$	-	$	-	$	-	
Total Expenditures	$	514,000	$	197,000	$	202,000	$	(5,000)	
					
Excess (Deficiency) of Revenues over Expenditures	$	11,011		$	278,797		
					
Fund Balance - Beginning	$	220,388		$	484,391		
					
Fund Balance - Ending	$	231,400		$	763,189		

6

Revenues:					
Assessments - Tax Roll	$	335,844	$	307,553	$	307,553	$	-	
Interest	$	-	$	-	$	8	$	8	
Total Revenues	$	335,844	$	307,553	$	307,561	$	8	

Expenditures:					
Interest - 11/1	$	118,282	$	118,822	$	118,822	$	-	
Principal - 5/1	$	95,000	$	-	$	-	$	-	
Interest - 5/1	$	118,822	$	-	$	-	$	-	
Total Expenditures	$	332,104	$	118,822	$	118,822	$	-	
					
Excess (Deficiency) of Revenues over Expenditures	$	3,740		$	188,739		
					
Fund Balance - Beginning	$	140,744		$	310,733		
					
Fund Balance - Ending	$	144,484		$	499,472		

7

Revenues:					
Assessments - Tax Roll	$	228,506	$	206,527	$	206,527	$	-	
Interest	$	-	$	-	$	5	$	5	
Total Revenues	$	228,506	$	206,527	$	206,532	$	5	

Expenditures:					
Interest - 11/1	$	80,616	$	80,616	$	80,616	$	-	
Special Call - 11/1	$	-	$	-	$	45,000	$	(45,000)	
Principal - 5/1	$	65,000	$	-	$	-	$	-	
Interest - 5/1	$	80,616	$	-	$	-	$	-	
Total Expenditures	$	226,233	$	80,616	$	125,616	$	(45,000)	
					
Excess (Deficiency) of Revenues over Expenditures	$	2,274		$	80,916		
					
Fund Balance - Beginning	$	115,247		$	241,576		
					
Fund Balance - Ending	$	117,521		$	322,492		

8

Revenues:					
Assessments - Tax Roll	$	399,907	$	366,237	$	366,237	$	-	
Interest	$	-	$	-	$	8	$	8	
Total Revenues	$	399,907	$	366,237	$	366,245	$	8	

Expenditures:					
Interest - 11/1	$	130,172	$	130,172	$	130,172	$	-	
Principal - 5/1	$	140,000	$	-	$	-	$	-	
Interest - 5/1	$	130,172	$	-	$	-	$	-	
Total Expenditures	$	400,344	$	130,172	$	130,172	$	-	
					
Excess (Deficiency) of Revenues over Expenditures	$	(436)		$	236,073		

Other Financing Sources/(Uses):					
Transfer In/(Out)	$	-	$	-	$	(6)	$	(6)	
Total Other Financing Sources/(Uses)	$	-	$	-	$	(6)	$	(6)	
					
Net Change in Fund Balance	$	(436)		$	236,067		
					
Fund Balance - Beginning	$	130,174		$	330,178		
					
Fund Balance - Ending	$	129,738		$	566,245		

9

Towne Park
Community Development District Capital Projects Funds
Statement of Revenues, Expenditures, and Changes in Fund Balance
For The Period Ending February 28, 2022

Series	Series	Series	Series	Series	
2016 - 2A	2018 - 2B	2019 - 3B	2019 - 3C	2020 - 3D	Total	

Revenues

Developer Contributions Interest

$	-	$
$	-	$

-	$	-	$
-	$	4	$

10,250	$
0	$

3,607	$
0	$

13,857
5

Total Revenues	$	-	$	-	$	4	$	10,250	$	3,607	$	13,862	

Expenditures:								
Capital Outlay	$	-	$	-	$	-	$	11,750	$	3,043	$	14,793	
Total Expenditures	$	-	$	-	$	-	$	11,750	$	3,043	$	14,793	
								
Excess (Deficiency) of Revenues over Expenditures	$	-	$	-	$	4	$	(1,500)	$	565	$	(931)	

Other Financing Sources/(Uses)

Transfer In/(Out)	

$	-	

$	

-	

$	-	

$	-	

$	6	

$	6	
Total Other Financing Sources (Uses)	$	-	$	-	$	-	$	-	$	6	$	6	
								
Net Change in Fund Balance	$	-	$	-	$	4	$	(1,500)	$	571	$	(925)	
								
Fund Balance - Beginning	$	0	$	69	$	153,595	$	2,500	$	-	$	156,164	
								
Fund Balance - Ending	$	0	$	69	$	153,600	$	1,000	$	571	$	155,239	

10						

Oct	Nov	Dec	Jan	Feb	March	April	May	June	July	Aug	Sept	Total

Revenues:

Assessments - Tax Roll

$	-	$

9,711 $

532,423 $

130,197 $

115,662     $	-	$

-	$	-	$

-	$	-	$	-	$

-	$	787,993

Other Income	$	500	$	450	$	(150)	$	110	$	450	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	1,360	
Total Revenues	$	500	$	10,161	$	532,273	$	130,307	$	116,112	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	789,353	

Expenditures:							

General & Administrative:							

Supervisor Fees	
$	600	
$	-	
$	1,000	
$	-	
$	800	
$	-    $	-    $	-    $	-    $	-    $	-    $	-    $	2,400	
Engineering Fees	$	338	$	-	$	408	$	139	$	100	$	-     $	-     $	-     $	-     $	-     $	-     $	-     $	984	
Attorney	$	2,303	$	-	$	2,988	$	1,006	$	1,394	$	-    $	-    $	-    $	-    $	-    $	-    $	-    $	7,690	
Annual Audit	$	-	$	-	$	-	$	-	$	-	$	-     $	-     $	-     $	-     $	-     $	-     $	-     $	-	
Assessment Roll Services	$	5,000	$	-	$	-	$	-	$	-	$	-    $	-    $	-    $	-    $	-    $	-    $	-    $	5,000	
Reamortization Schedules	$	550	$	-	$	-	$	-	$	-	$	-     $	-     $	-     $	-     $	-     $	-     $	-     $	550	
Arbitrage	$	-	$	-	$	-	$	-	$	-	$	-     $	-     $	-     $	-     $	-     $	-     $	-     $	-	
Dissemination	$	833	$	833	$	833	$	833	$	833	$	-    $	-    $	-    $	-    $	-    $	-    $	-    $	4,167	
Trustee Fees	$	13,256	$	-	$	291	$	6,061	$	-	$	-    $	-    $	-    $	-    $	-    $	-    $	-    $	19,608	
Management Fees	$	3,004	$	3,004	$	3,004	$	3,004	$	3,004	$	-    $	-    $	-    $	-    $	-    $	-    $	-    $	15,021	
Information Technology	$	150	$	150	$	150	$	150	$	150	$	-     $	-     $	-     $	-     $	-     $	-     $	-     $	750	
Website Maintenance	$	100	$	100	$	100	$	100	$	100	$	-     $	-     $	-     $	-     $	-     $	-     $	-     $	500	
Telephone	$	-	$	-	$	-	$	-	$	-	$	-     $	-     $	-     $	-     $	-     $	-     $	-     $	-	
Postage & Delivery	$	116	$	47	$	4	$	165	$	14	$	-     $	-     $	-     $	-     $	-     $	-     $	-     $	346	
Insurance	$	5,907	$	-	$	-	$	-	$	-	$	-    $	-    $	-    $	-    $	-    $	-    $	-    $	5,907	
Printing & Binding	$	6	$	12	$	-	$	6	$	-	$	-     $	-     $	-     $	-     $	-     $	-     $	-     $	24	
Legal Advertising	$	666	$	-	$	-	$	-	$	-	$	-     $	-     $	-     $	-     $	-     $	-     $	-     $	666	
Other Current Charges	$	98	$	37	$	38	$	41	$	46	$	-     $	-     $	-     $	-     $	-     $	-     $	-     $	261	
Office Supplies	$	4	$	3	$	0	$	3	$	1	$	-     $	-     $	-     $	-     $	-     $	-     $	-     $	12	
Dues, Licenses & Subscriptions	$	175	$	-	$	-	$	-	$	-	$	-     $	-     $	-     $	-     $	-     $	-     $	-     $	175	
Total General & Administrative	$	33,107	$	4,186	$	8,816	$	11,508	$	6,443	$	-    $	-    $	-    $	-    $	-    $	-    $	-    $	64,059	

11

	Oct	Nov	Dec	Jan	Feb	March	April	May	June	July	Aug	Sept	Total	

Operations & Maintenance														
Field Expenditures
Property Insurance	

$	19,771	

$	-	

$	-	

$	-	

$	-	

$	-	

$	-	

$	-	

$	-	

$	-	

$	-	

$	-	

$	19,771	
Field Management	$	1,250	$	1,250	$	1,250	$	1,250	$	1,250	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	6,250	
Landscape Maintenance	$	20,698	$	20,698	$	20,699	$	20,699	$	20,698	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	103,492	
Landscape Enhancements/Replacement	$	1,000	$	-	$	-	$	725	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	1,725	
Pond Maintenance	$	2,681	$	2,681	$	2,681	$	2,681	$	2,681	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	13,405	
Electric	$	499	$	590	$	359	$	405	$	358	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	2,211	
Streetlighting	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	
Water & Sewer	$	92	$	104	$	83	$	83	$	81	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	442	
Irrigation Repairs	$	1,730	$	2,089	$	3,581	$	1,163	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	8,563	
General Repairs & Maintenance	$	400	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	400	
Contingency	$	-	$	1,693	$	428	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	2,122	
Subtotal Field Expenditures	$	48,121	$	29,106	$	29,081	$	27,005	$	25,068	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	158,381	

Amenity Expenditures
Electric	

$	814	

$	2,399	

$	177	

$	623	

$	613	

$	-	

$	-	

$	-	

$	-	

$	-	

$	-	

$	-	

$	4,626	
Water	$	208	$	497	$	2,636	$	324	$	242	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	3,906	
Internet & Phone	$	115	$	115	$	115	$	262	$	115	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	722	
Playground & Equipment Lease	$	1,966	$	1,966	$	1,966	$	1,966	$	1,966	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	9,830	
Pool Service Contract	$	2,750	$	2,750	$	2,750	$	2,750	$	2,750	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	13,750	
Janitorial Services	$	1,188	$	939	$	1,005	$	1,351	$	1,230	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	5,713	
Security Services	$	-	$	4	$	4	$	-	$	3,589	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	3,596	
Pest Control	$	75	$	75	$	75	$	75	$	75	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	375	
Amenity Access Management	$	417	$	417	$	417	$	417	$	417	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	2,083	
Amenity Repair & Maintenance	$	-	$	-	$	194	$	1,264	$	975	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	2,434	
Contingency	$	-	$	-	$	355	$	2,208	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	2,563	
Subtotal Amenity Expenditures	$	7,533	$	9,162	$	9,693	$	11,239	$	11,972	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	49,599	
														
Total Operations & Maintenance	$	55,654	$	38,268	$	38,774	$	38,244	$	37,040	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	207,980	
														
Total Expenditures	$	88,761	$	42,453	$	47,590	$	49,752	$	43,483	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	272,039	
														
Excess (Deficiency) of Revenues over Expenditures	$	(88,261)	$	(32,293)	$	484,683	$	80,555	$	72,630	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	517,314	

12

COMMUNITY DEVELOPMENT DISTRICT
Special Assessment Receipts Fiscal Year 2022

	Gross Assessments	$ 925,245.00	$ 120,123.23	$ 140,111.40	$ 564,528.08	$ 361,122.13	$ 242,499.36	$ 430,027.32	$	2,783,656.52	
	Net Assessments	$ 860,477.85	$ 111,714.60	$ 130,303.60	$ 525,011.11	$ 335,843.58	$ 225,524.40	$ 399,925.41	$	2,588,800.56	
ON ROLL ASSESSMENTS		
33.24%	
4.32%	
5.03%	
20.28%	
12.97%	
8.71%	
15.45%	
100.00%	

Date	
Distribution	
Gross Amount	
iscount/Penalt	
Commission	
Interest	
Net Receipts	
O&M Portion	2016 2-ADebt
Service	Series 2018 2- B Service	Series 2018 3- AService	Series 2019 3- B Service	Series 2019 3- C Service	Series 2020 3- D Service	
Total	

11/19/21	
ACH	
$15,235.97	
($609.42)	
($292.53)	
$0.00	
$14,334.02	
$4,764.41	
$618.56	
$721.49	
$2,906.95	
$1,859.54	
$1,248.71	
$2,214.36	
$14,334.02	
11/30/21	ACH	$15,817.38	($632.66)	($303.69)	$0.00	$14,881.03	$4,946.22	$642.16	$749.02	$3,017.89	$1,930.51	$1,296.37	$2,298.86	$14,881.03	
12/14/21	ACH	$134,426.29	($5,376.58)	($2,580.99)	$0.00	$126,468.72	$42,036.28	$5,457.51	$6,365.63	$25,647.97	$16,406.71	$11,017.37	$19,537.25	$126,468.72	
12/17/21	ACH	$1,444,843.00	($57,791.05)	($27,741.04)	$0.00	$1,359,310.91	$451,814.22	$58,658.39	$68,418.99	$275,669.49	$176,342.61	$118,416.92	$209,990.29	$1,359,310.91	
12/27/21	1% Fee Adj	($27,836.57)	0	$0.00	$0.00	($27,836.57)	($9,252.47)	($1,201.23)	($1,401.11)	($5,645.28)	($3,611.22)	($2,424.99)	($4,300.27)	($27,836.57)	
12/31/21	ACH	$152,498.01	-5677.89	($2,936.40)	$0.00	$143,883.72	$47,824.76	$6,209.02	$7,242.18	$29,179.75	$18,665.95	$12,534.49	$22,227.57	$143,883.72	
01/18/22	ACH	$414,935.05	-15233.86	($7,994.02)	$0.00	$391,707.17	$130,197.49	$16,903.35	$19,716.03	$79,438.57	$50,815.94	$34,123.73	$60,512.06	$391,707.17	
02/18/22	ACH	$368,879.84	-13800.62	($7,101.58)	$0.00	$347,977.64	$115,662.46	$15,016.29	$17,514.97	$70,570.18	$45,142.94	$30,314.21	$53,756.59	$347,977.64	
	TOTAL	$ 2,518,798.97	$ (99,122.08)	$ (48,950.25)	$	-	$	2,370,726.64	$ 787,993.37	$ 102,304.05	$ 119,327.20	$ 480,785.52	$ 307,552.98	$ 206,526.81	$ 366,236.71	$	2,370,726.64	

Net Percent Collected Balance Remaining to Collect

92%
$ 218,073.92

13