SOUTHERN GROVE COMMUNITY DEVELOPMENT DISTRICT NOS. 1-10

PORT ST. LUCIE REGULAR BOARD MEETING &
PUBLIC HEARING SEPTEMBER 6, 2023
10:30 A.M.

Special District Services, Inc.
The Oaks Center 2501A Burns Road
Palm Beach Gardens, FL 33410

www.southerngrovecdd1.org www.southerngrovecdd2.org www.southerngrovecdd3.org www.southerngrovecdd4.org www.southerngrovecdd5.org www.southerngrovecdd6.org www.southerngrovecdd7.org www.southerngrovecdd8.org www.southerngrovecdd9.org www.southerngrovecdd10.org

561.630.4922 Telephone 877.SDS.4922 Toll Free 561.630.4923 Facsimile

AGENDA
SOUTHERN GROVE COMMUNITY DEVELOPMENT DISTRICT NO.’s 1-10
Keiser University – Port St. Lucie Campus 9400 SW Discovery Way
Port St. Lucie, FL 34987 OR
Join Zoom Meeting: https://us02web.zoom.us/j/3341025011 Meeting ID: 334 102 5011
Dial In at: 1 929 436 2866
REGULAR BOARD MEETING & PUBLIC HEARING
September 6th, 2023
10:30 a.m.

Call to Order
Proof of Publication…	Page 1
Establish Quorum
Seat New Board Members/Administer Oath of Office
Additions or Deletions
Comments from the Public Not on the Agenda
Public Hearing – Adopting Fiscal Year Budget 2023/2024 Final Budget
Proof of Publication.	Page 2
Receive Public Comments on Adopting Fiscal Year 2023/2024 Final Budget
Consider Resolution No. 2023-16; Adopting Fiscal Year 2023/2024 Final Budget	Page 3
Consider Resolution No. 2023-18; Levying Non-Ad Valorem Assessments for Southern Grove
CDD No.’s 1-10 for the Fiscal Year 2023/2024.	Page 40
Consent Items
Approval of July 5, 2023 Regular Board Meeting Minutes	Page 61
Approve 2022 Bond Requestion (No. 11); District No. 5 Special Assessment Bonds,
Series 2022-1 (Community Infrastructure)	Page 65
Approve 2022 Bond Requestion (No. 12); District No. 5 Special Assessment Bonds,
Series 2022-1 (Community Infrastructure)	Page 74
Old Business
New Business
Consider Resolution No. 2023-22; Election of Officers	Page 81
Consider Resolution No. 2023-14; Adopting Fiscal Year 2022/2023 Meeting Schedule	Page 84
Consider Resolution No. 2023-20; Adopting a Records Retention Policy…	Page 86
Consider Additional Aquatic Proposal – Midges	Page 90
Administrative Matters
Manager’s Report

Attorney’s Report
Engineer’s Report
Financial Report	Page 91
Founder’s Report
Board Member Discussion Requests and Comments
Adjourn

Budgets and/or the Agenda may be obtained from the Districts’ websites or at the offices of the District Manager, Special District Services, Inc., 10807 SW Tradition Square, Port St. Lucie, Florida, during normal business hours. The meetings are open to the public and will be conducted in accordance with the provisions of Florida law. Meetings may be continued as found necessary to a time and place specified on the record.
There may be occasions when one or more Supervisors will participate by telephone; therefore, a speaker telephone may be present at the meeting location so that Supervisors may be fully informed of the discussions taking place.
In accordance with the provisions of the Americans with Disabilities Act, any person requiring special accommodations or an interpreter to participate at these meetings should contact the District Manager at (772) 345-5119 and/or toll free at 1-877-737- 4922, at least seven (7) days prior to the date of the meetings.
If any person decides to appeal any decision made with respect to any matter considered at this Public Hearing and Regular Board Meeting, such person will need a record of the proceedings and such person may need to ensure that a verbatim record of the proceedings is made at their own expense and which record includes the testimony and evidence on which the appeal is based.
Meetings may be cancelled from time to time without advertised notice.
Southern Grove Community Development District Nos. 1-10 www.southerngrovecdd1.org
www.southerngrovecdd2.org www.southerngrovecdd3.org www.southerngrovecdd4.org www.southerngrovecdd5.org www.southerngrovecdd6.org www.southerngrovecdd7.org www.southerngrovecdd8.org www.southerngrovecdd9.org www.southerngrovecdd10.org

PUBLISH: St. Lucie News Tribune	08/17/23 & 08/24/23

Budgets and/or the Agenda may be obtained from the Districts’ websites or at the offices of the District Manager, Special District Services, Inc., 10807 SW Tradition Square, Port St. Lucie, Florida, during normal business hours. The meetings are open to the public and will be conducted in accordance with the provisions of Florida law. Meetings may be continued as found necessary to a time and place specified on the record.
There may be occasions when one or more Supervisors will participate by telephone; therefore, a speaker telephone may be present at the meeting location so that Supervisors may be fully informed of the discussions taking place.
In accordance with the provisions of the Americans with Disabilities Act, any person requiring special accommodations or an interpreter to participate at these meetings should contact the District Manager at (772) 345-5119 and/or toll free at 1-877-737- 4922, at least seven (7) days prior to the date of the meetings.
If any person decides to appeal any decision made with respect to any matter considered at this Public Hearing and Regular Board Meeting, such person will need a record of the proceedings and such person may need to ensure that a verbatim record of the proceedings is made at their own expense and which record includes the testimony and evidence on which the appeal is based.
Meetings may be cancelled from time to time without advertised notice.
Southern Grove Community Development District Nos. 1-10 www.southerngrovecdd1.org
www.southerngrovecdd2.org www.southerngrovecdd3.org www.southerngrovecdd4.org www.southerngrovecdd5.org www.southerngrovecdd6.org www.southerngrovecdd7.org www.southerngrovecdd8.org www.southerngrovecdd9.org www.southerngrovecdd10.org

PUBLISH: St. Lucie News Tribune	08/17/23 & 08/24/23

RESOLUTION 2023-16

THE ANNUAL APPROPRIATION RESOLUTION OF THE SOUTHERN GROVE COMMUNITY DEVELOPMENT DISTRICT NO. 1 RELATING TO THE ANNUAL APPROPRIATIONS AND ADOPTING THE BUDGET FOR THE SOUTHERN GROVE COMMUNITY DEVELOPMENT DISTRICT NOS. 1-10 FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2023, AND ENDING SEPTEMBER 30, 2024.

WHEREAS, Southern Grove Development District No. 1 (“District No. 1”) is a local unit of special-purpose government organized and existing in accordance with the Uniform Community Development District Act of 1980, Chapter 190, Florida Statutes (“Act”); and

WHEREAS, District No. 1, along with Southern Grove Community Development District Nos. 2-10 (“Other Districts,” and collectively with District No. 1, the “Districts”) are parties to that Second Amended and Restated District Development Interlocal Agreement dated as of July 9, 2013, recorded in Official Records Book 3539, Page 672, of the public records of St. Lucie County, Florida (“District Interlocal Agreement”), whereby the Districts have delegated to District No. 1 the authority to act on behalf of the Districts with respect to development and approval of the annual budget for the Districts; and

WHEREAS, the District Manager has, on the 7th day of June, 2023, submitted to the Board of Supervisors of District No. 1 (the “Board”) a proposed budget for the next ensuing budget year for the Districts along with an explanatory and complete financial plan for each fund of the Districts, pursuant to the provisions of Section 190.008(2)(a), Florida Statutes; and

WHEREAS, the Board set September 6th, 2023, as the date for a public hearing thereon and caused notice of such public hearing to be given by publication pursuant to Section 190.008(2)(a), Florida Statutes; and

WHEREAS, Section 190.008(2)(a), Florida Statutes, requires that, prior to October 1, of each year, the Board by passage of the Annual Appropriation Resolution shall adopt a budget for the ensuing fiscal year and appropriate such sums of money as the Board deems necessary to defray all expenditures of the Districts during the ensuing fiscal year; and

WHEREAS, the District Manager has prepared a Proposed Budget, whereby the budget shall project cash receipts and disbursements anticipated during a given time period, including reserves for contingencies for emergency or other unanticipated expenditures during the fiscal year.

NOW, THEREFORE BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF SOUTHERN GROVE COMMUNITY DEVELOPMENT DISTRICT NO.1:

Section 1.	Budget

That the Board has reviewed the District Manager’s Proposed Budget, a copy of which is on file with the office of the District Treasurer and the office of the Recording Secretary, and hereby approves certain amendments thereto, as shown in Section 2 below.

That the District Manager’s Proposed Budget for the Districts, as amended by the Board, is hereby adopted in accordance with the provisions of Section 190.008(2)(a), Florida Statutes, as attached hereto as Exhibit A; provided, however, that the comparative figures contained in the adopted budget may be subsequently revised as deemed necessary by the District Manager to reflect actual revenues and expenditures for Fiscal Year 2023/2024 and/or revised projections for Fiscal Year 2023/2024.

That the adopted budget, as amended, shall be maintained in the office of the District Treasurer and the District Recording Secretary and identified as “Southern Grove Community Development Districts 1-10, Budget For The Fiscal Year Beginning October 1, 2023, and Ending September 30, 2024, as adopted by the Board on September 6, 2023.

Section 2.	Appropriations

There is hereby appropriated out of the revenues of the Southern Grove Community Development District No. 1, for the fiscal year beginning October 1, 2023, and ending September 30, 2024, the sum of $	 to be raised by the levy of assessments and otherwise, which sum is deemed by the Board of Supervisors to be necessary to defray all expenditures of District No. 1 during said budget year, to be divided and appropriated in the following fashion:

TOTAL GENERAL FUND	$	

DEBT SERVICE FUND	$	

ENTERPRISE FUND	$	

TOTAL ALL FUNDS	$	

There is hereby appropriated out of the revenues of the Southern Grove Community Development District No. 2, for the fiscal year beginning October 1, 2023, and ending September 30, 2024, the sum of $	 to be raised by the levy of assessments and otherwise, which sum is deemed by the Board of Supervisors to be necessary to defray all expenditures of District No. 2 during said budget year, to be divided and appropriated in the following fashion:

TOTAL GENERAL FUND	$	

DEBT SERVICE FUND	$	

TOTAL ALL FUNDS	$	

There is hereby appropriated out of the revenues of the Southern Grove Community Development District No. 3, for the fiscal year beginning October 1, 2023, and ending September 30, 2024, the sum of $	 to be raised by the levy of assessments and otherwise, which sum is deemed by the Board of Supervisors to be necessary to defray all expenditures of District No. 3 during said budget year, to be divided and appropriated in the following fashion:

TOTAL GENERAL FUND	$	

DEBT SERVICE FUND	$	

ENTERPRISE FUND	$	

TOTAL ALL FUNDS	$	

There is hereby appropriated out of the revenues of the Southern Grove Community Development District No. 4, for the fiscal year beginning October 1, 2023, and ending September 30, 2024, the sum of $	 to be raised by the levy of assessments and otherwise, which sum is deemed by the Board of Supervisors to be necessary to defray all expenditures of District No. 4 during said budget year, to be divided and appropriated in the following fashion:

TOTAL GENERAL FUND	$	

DEBT SERVICE FUND	$	

ENTERPRISE FUND	$	

TOTAL ALL FUNDS	$	

There is hereby appropriated out of the revenues of the Southern Grove Community Development District No. 5, for the fiscal year beginning October 1, 2023, and ending September 30, 2024, the sum of $	 to be raised by the levy of assessments and otherwise, which sum is deemed by the Board of Supervisors to be necessary to defray all expenditures of District No. 5 during said budget year, to be divided and appropriated in the following fashion:

TOTAL GENERAL FUND	$	

DEBT SERVICE FUND	$	

ENTERPRISE FUND	$	

There is hereby appropriated out of the revenues of the Southern Grove Community Development District No. 6, for the fiscal year beginning October 1, 2023, and ending September 30, 2024, the sum of $	 to be raised by the levy of assessments and otherwise, which sum is deemed by the Board of Supervisors to be necessary to defray all expenditures of District No. 6 during said budget year, to be divided and appropriated in the following fashion:

TOTAL GENERAL FUND	$	

DEBT SERVICE FUND	$	

ENTERPRISE FUND	$	

TOTAL ALL FUNDS	$	

There is hereby appropriated out of the revenues of the Southern Grove Community Development District No. 7, for the fiscal year beginning October 1, 2023, and ending September 30, 2024, the sum of $	 to be raised by the levy of assessments and otherwise, which sum is deemed by the Board of Supervisors to be necessary to defray all expenditures of District No. 7 during said budget year, to be divided and appropriated in the following fashion:

TOTAL GENERAL FUND	$	

DEBT SERVICE FUND	$	

ENTERPRISE FUND	$	

TOTAL ALL FUNDS	$	

There is hereby appropriated out of the revenues of the Southern Grove Community Development District No. 8, for the fiscal year beginning October 1, 2023, and ending September 30, 2024, the sum of $	 to be raised by the levy of assessments and otherwise, which sum is deemed by the Board of Supervisors to be necessary to defray all expenditures of District No. 8 during said budget year, to be divided and appropriated in the following fashion:

TOTAL GENERAL FUND	$	

DEBT SERVICE FUND	$	

ENTERPRISE FUND	$	

TOTAL ALL FUNDS	$	

There is hereby appropriated out of the revenues of the Southern Grove Community Development District No. 9, for the fiscal year beginning October 1, 2023, and ending September 30, 2024, the sum of $	 to be raised by the levy of assessments and otherwise, which sum is deemed by the Board of Supervisors to be necessary to defray all expenditures of District No. 9 during said budget year, to be divided and appropriated in the following fashion:

TOTAL GENERAL FUND	$	

DEBT SERVICE FUND	$	

ENTERPRISE FUND	$	

TOTAL ALL FUNDS	$	

There is hereby appropriated out of the revenues of the Southern Grove Community Development District No. 10, for the fiscal year beginning October 1, 2023, and ending September 30, 2024, the sum of $	 to be raised by the levy of assessments and otherwise, which sum is deemed by the Board of Supervisors to be necessary to defray all expenditures of District No. 10 during said budget year, to be divided and appropriated in the following fashion:

TOTAL GENERAL FUND	$	

DEBT SERVICE FUND	$	

ENTERPRISE FUND	$	

TOTAL ALL FUNDS	$	

Section 3.	Supplemental Appropriations

The Board may authorize by resolution, supplemental appropriations or revenue changes for any lawful purpose from funds on hand or estimated to be received within the fiscal year as follows:

Board may authorize a transfer of the unexpended balance or portion thereof of any appropriation item.

Board may authorize an appropriation from the unappropriated balance of any fund.

Board may increase any revenue or income budget amount to reflect receipt of any additional unbudgeted monies and make the corresponding change to appropriations or the unappropriated balance.

The District Manager and Treasurer shall have the power within a given fund to authorize the transfer of any unexpended balance of any appropriation item or any portion thereof, provided such transfers do not exceed Ten Thousand ($10,000) Dollars or have the

transferred, previously approved transfers included. Such transfer shall not have the effect of causing a more than $10,000 or 10% increase, previously approved transfers included, to the original budget appropriation for the receiving program. Transfers within a program or project may be approved by the Board. The District Manager or Treasurer must establish administrative procedures which require information on the request forms proving that such transfer requests comply with this section.

Introduced, considered favorably, and adopted this 6th day of September, 2023.

SOUTHERN GROVE COMMUNITY DEVELOPMENT DISTRICT NOS. 1, 2,
3, 5, 9

Chairman / Vice Chairman

ATTEST:

Secretary/ Assistant Secretary

SOUTHERN GROVE COMMUNITY DEVELOPMENT DISTRICT NOS. 4, 6,
7, 8, 10

Chairman / Vice Chairman

ATTEST:

Secretary/ Assistant Secretary

EXHIBIT "A"

SOUTHERN GROVE COMMUNITY DEVELOMENT DISTRICTS 1-10 BUDGET FOR THE FISCAL YEAR BEGINNING OCTOBER 1,
2023, AND ENDING SEPTEMBER 30, 2024

Southern Grove Community Development Districts #1-10

Final Budget For Fiscal Year 2023/2024
October 1, 2023 - September 30, 2024

CONTENTS

3-4	FINAL BUDGET-RECAP CDD 1-6
5-6	FINAL BUDGET-RECAP CDD 1-6 FY23 COMPARISON
7-8	FINAL BUDGET-CDD 1
9-10	FINAL BUDGET-CDD 2
11-12 FINAL BUDGET-CDD 3
13-14 FINAL BUDGET-CDD 4
15-16 FINAL BUDGET-CDD 5
17-18 FINAL BUDGET-CDD 6
19-20 FINAL BUDGET-CDD 7
21-22 FINAL BUDGET-CDD 8
23-24 FINAL BUDGET-CDD 9
25-26 FINAL BUDGET-CDD 10
27-28 FINAL OPERATIONS & MAINTENANCE ASSESSMENTS
FINAL DEBT SERVICE FUND BUDGET- CDD 1-10
FINAL DEBT ASSESSMENTS

	CDD 1	CDD 2			CDD 3			CDD 4			CDD 5			CDD 6			CDD 7			CDD 8			CDD 9			CDD 10			TOTAL		

REVENUES	
ON-ROLL ASSESSMENTS - DEBT	

$	24,284.78	

$	325,650.77	

$	342,946.02	

$	386,872.91	

$	439,268.86	

$	164,457.97	

$	386,872.91	

$	342,946.02	

$	164,457.97	

$	349,323.33	

$	2,927,081.54	
ON-ROLL ASSESSMENTS - Admin	$	70,315.65	$	70,315.65	$	70,315.65	$	70,315.65	$	70,315.65	$	70,315.65	$	70,315.65	$	70,315.65	$	70,315.65	$	70,315.65	$	703,156.52	
ON-ROLL ASSESSMENTS - Maintenance	$	6,613.07	$	88,679.09	$	93,388.82	$	105,350.70	$	119,618.82	$	44,784.12	$	105,350.70	$	93,388.82	$	44,784.12	$	95,125.44	$	797,083.70	

DEVELOPER CONTRIBUTION/BONDS - TIM STORMWATER

$	-	$
$	7,964.72	$

-	$
106,804.25	$

-	$
112,476.60	$

-	$
126,883.38	$

-	$
144,067.77	$

-	$
53,937.57	$

-	$
126,883.38	$

-	$
112,476.60	$

-	$
53,937.57	$

-	$
114,568.18	$

- 960,000.00

CARRY OVER FUNDS FROM PRIOR YEAR	
Total Revenues	

 $	- 
 $  109,178.23

 $	- 
 $  591,449.75

 $	- 
 $  619,127.09

 $	- 
 $  689,422.64

 $	- 
 $  773,271.10

 $	- 
 $  333,495.31

 $	- 
 $  689,422.64

 $	- 
 $  619,127.09

 $	- 
 $  333,495.31

 $	- 
 $  629,332.60

 $	- 
 $ 5,387,321.76

EXPENDITURES - ADMIN			
ARBITRAGE REBATE FEE	$	650.00	$	650.00	$	650.00	$	650.00	$	650.00	$	650.00	$	650.00	$	650.00	$	650.00	$	650.00	$	6,500.00	
AUDIT	$	6,000.00	$	6,000.00	$	6,000.00	$	6,000.00	$	6,000.00	$	6,000.00	$	6,000.00	$	6,000.00	$	6,000.00	$	6,000.00	$	60,000.00	
DISSEMINATION AGENT	$	400.00	$	400.00	$	400.00	$	400.00	$	400.00	$	400.00	$	400.00	$	400.00	$	400.00	$	400.00	$	4,000.00	
DISTRICT COUNSEL	$	6,000.00	$	6,000.00	$	6,000.00	$	6,000.00	$	6,000.00	$	6,000.00	$	6,000.00	$	6,000.00	$	6,000.00	$	6,000.00	$	60,000.00	
MANAGEMENT	$	7,205.40	$	7,205.40	$	7,205.40	$	7,205.40	$	7,205.40	$	7,205.40	$	7,205.40	$	7,205.40	$	7,205.40	$	7,205.40	$	72,054.00	
ASSESSMENT ROLL	$	600.00	$	600.00	$	600.00	$	600.00	$	600.00	$	600.00	$	600.00	$	600.00	$	600.00	$	600.00	$	6,000.00	
TIF/SAD REBATE ANALYSIS	$	8,500.00	$	8,500.00	$	8,500.00	$	8,500.00	$	8,500.00	$	8,500.00	$	8,500.00	$	8,500.00	$	8,500.00	$	8,500.00	$	85,000.00	
DUES, LICENSES & FEES	$	175.00	$	175.00	$	175.00	$	175.00	$	175.00	$	175.00	$	175.00	$	175.00	$	175.00	$	175.00	$	1,750.00	
ENGINEERING	$	17,500.00	$	17,500.00	$	17,500.00	$	17,500.00	$	17,500.00	$	17,500.00	$	17,500.00	$	17,500.00	$	17,500.00	$	17,500.00	$	175,000.00	
GENERAL INSURANCE	$	6,500.00	$	6,500.00	$	6,500.00	$	6,500.00	$	6,500.00	$	6,500.00	$	6,500.00	$	6,500.00	$	6,500.00	$	6,500.00	$	65,000.00	
WEB SITE MAINTENANCE	$	750.00	$	750.00	$	750.00	$	750.00	$	750.00	$	750.00	$	750.00	$	750.00	$	750.00	$	750.00	$	7,500.00	
LEGAL ADVERTISING	$	380.00	$	380.00	$	380.00	$	380.00	$	380.00	$	380.00	$	380.00	$	380.00	$	380.00	$	380.00	$	3,800.00	
TRAVEL AND PER DIEM	$	60.00	$	60.00	$	60.00	$	60.00	$	60.00	$	60.00	$	60.00	$	60.00	$	60.00	$	60.00	$	600.00	
OFFICE SUPPLIES	$	100.00	$	100.00	$	100.00	$	100.00	$	100.00	$	100.00	$	100.00	$	100.00	$	100.00	$	100.00	$	1,000.00	
OFFICE RENT	$	2,000.00	$	2,000.00	$	2,000.00	$	2,000.00	$	2,000.00	$	2,000.00	$	2,000.00	$	2,000.00	$	2,000.00	$	2,000.00	$	20,000.00	
POSTAGE & SHIPPING	$	50.00	$	50.00	$	50.00	$	50.00	$	50.00	$	50.00	$	50.00	$	50.00	$	50.00	$	50.00	$	500.00	
COPIES	$	200.00	$	200.00	$	200.00	$	200.00	$	200.00	$	200.00	$	200.00	$	200.00	$	200.00	$	200.00	$	2,000.00	
SUPERVISOR FEES	$	1,920.00	$	1,920.00	$	1,920.00	$	1,920.00	$	1,920.00	$	1,920.00	$	1,920.00	$	1,920.00	$	1,920.00	$	1,920.00	$	19,200.00	
CONTINGENCY ADMIN	$	5,000.00	$	5,000.00	$	5,000.00	$	5,000.00	$	5,000.00	$	5,000.00	$	5,000.00	$	5,000.00	$	5,000.00	$	5,000.00	$	50,000.00	
TRUSTEE SERVICES	$	700.00	$	700.00	$	700.00	$	700.00	$	700.00	$	700.00	$	700.00	$	700.00	$	700.00	$	700.00	$	7,000.00	
TOTAL ADMINISTRATIVE EXPENSES	$	64,690.40	$	64,690.40	$	64,690.40	$	64,690.40	$	64,690.40	$	64,690.40	$	64,690.40	$	64,690.40	$	64,690.40	$	64,690.40	$	646,904.00	

	CDD 1	CDD 2			CDD 3			CDD 4			CDD 5			CDD 6			CDD 7			CDD 8			CDD 9			CDD 10			TOTAL		

EXPENDITURES - MAINTENANCE	
AQUATIC MAINTENANCE		

$	829.66		

$	11,125.44		

$	11,716.31		

$	13,217.02		

$	15,007.06		

$	5,618.50		

$	13,217.02		

$	11,716.31		

$	5,618.50		

$	11,934.19		

$	100,000.00	
BULDING MAINTENANCE		$	1,659.32		$	22,250.88		$	23,432.63		$	26,434.04		$	30,014.12		$	11,236.99		$	26,434.04		$	23,432.63		$	11,236.99		$	23,868.37		$	200,000.00	
COMMUNITY AREA MAINTENANCE		$	622.24		$	8,344.08		$	8,787.23		$	9,912.76		$	11,255.29		$	4,213.87		$	9,912.76		$	8,787.23		$	4,213.87		$	8,950.64		$	75,000.00	
TIM OPERATIONS		$	1,248.64		$	16,743.79		$	17,633.05		$	19,891.61		$	22,585.62		$	8,455.84		$	19,891.61		$	17,633.05		$	8,455.84		$	17,960.95		$	150,500.00	
CONTINGENCY		$	866.58		$	11,620.52		$	12,237.69		$	13,805.18		$	15,674.87		$	5,868.52		$	13,805.18		$	12,237.69		$	5,868.52		$	12,465.26		$	104,450.00	
DEVELOPMENT COORDINATOR		$	261.07		$	3,500.84		$	3,686.77		$	4,159.00		$	4,722.27		$	1,767.97		$	4,159.00		$	3,686.77		$	1,767.97		$	3,755.33		$	31,467.00	
ELECTRIC		$	207.41		$	2,781.36		$	2,929.08		$	3,304.25		$	3,751.76		$	1,404.62		$	3,304.25		$	2,929.08		$	1,404.62		$	2,983.55		$	25,000.00	
ENGINEERING - MAINT.		$	1,451.90		$	19,469.52		$	20,503.55		$	23,129.78		$	26,262.35		$	9,832.37		$	23,129.78		$	20,503.55		$	9,832.37		$	20,884.82		$	175,000.00	
FIELD MANAGEMENT		$	622.24		$	8,344.08		$	8,787.23		$	9,912.76		$	11,255.29		$	4,213.87		$	9,912.76		$	8,787.23		$	4,213.87		$	8,950.64		$	75,000.00	
FOUNTAIN MAINTENANCE & CHEMICALS		$	265.49		$	3,560.14		$	3,749.22		$	4,229.45		$	4,802.26		$	1,797.92		$	4,229.45		$	3,749.22		$	1,797.92		$	3,818.94		$	32,000.00	
IRRIGATION PARTS & REPAIRS		$	165.93		$	2,225.09		$	2,343.26		$	2,643.40		$	3,001.41		$	1,123.70		$	2,643.40		$	2,343.26		$	1,123.70		$	2,386.84		$	20,000.00	
IRRIGATION WATER		$	16.59		$	222.51		$	234.33		$	264.34		$	300.14		$	112.37		$	264.34		$	234.33		$	112.37		$	238.68		$	2,000.00	
LANDSCAPE MAINTENANCE		$	1,393.00		$	18,679.62		$	19,671.69		$	22,191.37		$	25,196.85		$	9,433.46		$	22,191.37		$	19,671.69		$	9,433.46		$	20,037.50		$	167,900.00	
SIDEWALK CLEANING AND REPAIR		$	248.90		$	3,337.63		$	3,514.89		$	3,965.11		$	4,502.12		$	1,685.55		$	3,965.11		$	3,514.89		$	1,685.55		$	3,580.26		$	30,000.00	
SIGNAGE		$	82.97		$	1,112.54		$	1,171.63		$	1,321.70		$	1,500.71		$	561.85		$	1,321.70		$	1,171.63		$	561.85		$	1,193.42		$	10,000.00	
STORMWATER CONTROL		$	3,526.05		$	47,283.13		$	49,794.33		$	56,172.33		$	63,780.00		$	23,878.61		$	56,172.33		$	49,794.33		$	23,878.61		$	50,720.29		$	425,000.00	
STREETLIGHT MAINTENANCE AND REPAIR		$	165.93		$	2,225.09		$	2,343.26		$	2,643.40		$	3,001.41		$	1,123.70		$	2,643.40		$	2,343.26		$	1,123.70		$	2,386.84		$	20,000.00	
TREE/PLANT REPLACEMENT & TRIM		$	414.83		$	5,562.72		$	5,858.16		$	6,608.51		$	7,503.53		$	2,809.25		$	6,608.51		$	5,858.16		$	2,809.25		$	5,967.09		$	50,000.00	
TOTAL MAINTENANCE EXPENSES		$	14,048.75		$	188,389.01		$	198,394.31		$	223,806.02		$	254,117.08		$	95,138.96		$	223,806.02		$	198,394.31		$	95,138.96		$	202,083.58		$	1,693,317.00	
																							
Total Expenditures			 $	78,739.15		 $  253,079.41		 $  263,084.71		 $  288,496.42		 $  318,807.48		 $  159,829.36		 $  288,496.42		 $  263,084.71		 $  159,829.36		 $  266,773.98		 $ 2,340,221.00	
EXCESS / (SHORTFALL)			 $	30,439.08		 $  338,370.35		 $  356,042.38		 $  400,926.22		 $  454,463.61		 $  173,665.96		 $  400,926.22		 $  356,042.38		 $  173,665.96		 $  362,558.62		 $ 3,047,100.76	

PAYMENTS TO TRUSTEE		$  (22,342.00)		$ (299,598.71)		$ (315,510.34)		$ (355,923.08)		$  (404,127.35)		$ (151,301.34)		$ (355,923.08)		$ (315,510.34)		$ (151,301.34)		$  (321,377.46)		$ (2,692,915.02)	
BALANCE			 $	8,097.08		 $	38,771.64		 $	40,532.04		 $	45,003.14		 $	50,336.27		 $	22,364.62		 $	45,003.14		 $	40,532.04		 $	22,364.62		 $	41,181.15		 $	354,185.74	

COUNTY APPRAISER & TAX COLLECTOR FEE		
$	(4,048.54)		
$	(19,385.82)		
$	(20,266.02)		
$	(22,501.57)		
$	(25,168.13)		
$	(11,182.31)		
$	(22,501.57)		
$	(20,266.02)		
$	(11,182.31)		
$	(20,590.58)		
$	(177,092.87)	
DISCOUNTS FOR EARLY PAYMENTS		$	(4,048.54)		$	(19,385.82)		$	(20,266.02)		$	(22,501.57)		$	(25,168.13)		$	(11,182.31)		$	(22,501.57)		$	(20,266.02)		$	(11,182.31)		$	(20,590.58)		$	(177,092.87)	
NET EXCESS / (SHORTFALL)			 $	-			 $	-			 $	-			 $	-			 $	-			 $	-			 $	-			 $	-			 $	-			 $	-			 $	-		

	FISCAL YEAR		FISCAL YEAR		
	2022/2023		2023/2024		
		ANNUAL BUDGET				FINAL BUDGET		 COMMENTS		
REVENUES	
ON-ROLL ASSESSMENTS - DEBT (2019 Bonds)		
483,920		
0		
ON-ROLL ASSESSMENTS - DEBT (2020 Bonds)		462,955		0		
ON-ROLL ASSESSMENTS - DEBT (2021 Bonds)		1,007,565		0		
ON-ROLL ASSESSMENTS - DEBT (Combined)		0		2,927,082	Combined (2019, 2020, 2021, 2022)	
ON-ROLL ASSESSMENTS - Administrative		547,651		703,157		
ON-ROLL ASSESSMENTS - Maintenance		838,022		797,084		
ON-ROLL ASSESSMENTS - TIM		303,610		0	Included in Maintenance	
DEVELOPER CONTRIBUTION/BONDS - TIM		225,186		0		
STORMWATER		600,000		960,000		
CARRY OVER FUNDS FROM PRIOR YEAR				0		
Total Revenues		$	4,468,908		$	5,387,322		

EXPENDITURES - ADMIN	
ARBITRAGE FEE		

6,500		

6,500		
AUDIT		36,000		60,000	Budgeting for 10 CDDs	
DISSEMINATION AGENT		3,000		4,000	$1,000 per bond issue	
DISTRICT COUNSEL		48,000		60,000	Based on FY22 Actuals	
MANAGEMENT		32,054		72,054	Additional CDDs under management	
ASSESSMENT ROLL		6,000		6,000	No Change	
TIF/SAD REBATE ANALYSIS		65,000		85,000	Estimated Parcel increase for FY24	
DUES, LICENSES & FEES		1,050		1,750	Budgeting for 10 CDDs	
ENGINEERING		175,000		175,000	No Change	
GENERAL INSURANCE		40,135		65,000	Budgeting for 10 CDDs	
WEB SITE MAINTENANCE		4,500		7,500	Budgeting for 10 CDDs	
LEGAL ADVERTISING		3,800		3,800	No Change	
TRAVEL AND PER DIEM		500		600	$100 increase	
OFFICE SUPPLIES		1,000		1,000	No Change	
OFFICE RENT		18,000		20,000	$2,000 increase	
POSTAGE & SHIPPING		500		500	No Change	
COPIES		1,000		2,000	$1,000 increase	
SUPERVISOR FEES		4,800		19,200	Assumes maximum $4,800 x 4 supervisors	
CONTINGENCY ADMIN		50,000		50,000	No Change	
TRUSTEE SERVICES		7,000		7,000	No Change	
TOTAL ADMIN EXPENSES	503,839	646,904

	FISCAL YEAR	FISCAL YEAR		
	2022/2023	2023/2024		
		ANNUAL BUDGET			FINAL BUDGET		 COMMENTS		
EXPENDITURES - MAINT				
AQUATIC MAINTENANCE	85,000	100,000	Lake & Wetland Contract	
BULDING MAINTENANCE	475,000	200,000	Reduction - tower rehabilitation complete	
COMMUNITY AREA MAINTENANCE	75,000	75,000	No Change	
TIM OPERATIONS (Bond/Developer Funded)	528,796	150,500	50% of Operations: $211K  Insurance: $90K	
CONTINGENCY	173,500	104,450	Last Year included Security. No change at $100K	
DEVELOPMENT COORDINATOR	0	31,467	Split between TRA/SG	
ELECTRIC	25,000	25,000	No Change	
ENGINEERING - MAINT.	175,000	175,000	No Change	
FIELD MANAGEMENT	16,480	75,000	CPI increase per SDS Contract plus additional CDDs	
FOUNTAIN MAINTENANCE & CHEMICALS	32,000	32,000	No Change	
IRRIGATION PARTS & REPAIRS	20,000	20,000	No Change	
IRRIGATION WATER	2,000	2,000	No Change	
LANDSCAPE MAINTENANCE	146,000	167,900	CPM Contract	
SIDEWALK CLEANING AND REPAIR	30,000	30,000	No Change	
SIGNAGE	10,000	10,000	No Change	
STORMWATER CONTROL	50,000	425,000	Shenandoah proposal plus last year ($299K)	
STREETLIGHT MAINTENANCE AND REPAIR	20,000	20,000	No Change	
TREE/PLANT REPLACEMENT & TRIM	36,000	50,000	Expected increase ($14k)
TOTAL MAINTENANCE EXPENSES	1,899,776	1,693,317

Total Expenditures		$	2,403,615	$	2,340,221	

EXCESS / (SHORTFALL)		 

$	2,065,293	$	3,047,101	

PAYMENTS TO TRUSTEE		 
(1,798,084)	(2,692,915)	
BALANCE		$	267,209	$	354,186	

COUNTY APPRAISER & TAX COLLECTOR FEE		 
(133,604)	(177,093)	
DISCOUNTS FOR EARLY PAYMENTS		(133,604)	(177,093)	
NET EXCESS / (SHORTFALL)		$	-	$	-	

	FISCAL YEAR		FISCAL YEAR	
	2022/2023		2023/2024	
		ANNUAL BUDGET				FINAL BUDGET		
REVENUES					
ON-ROLL ASSESSMENTS - DEBT		0		24,285	
ON-ROLL ASSESSMENTS - Admin		18,526		70,316	
ON-ROLL ASSESSMENTS - Maintenance		0		6,613	
DEVELOPER CONTRIBUTION/BONDS - TIM		0		0	
STORMWATER		0		7,965	
CARRY OVER FUNDS FROM PRIOR YEAR		0		0	
Total Revenues		$	18,526		$	109,178	

EXPENDITURES - ADMIN					
ARBITRAGE FEE		0		650	
AUDIT		6,000		6,000	
DISSEMINATION AGENT		42		400	
DISTRICT COUNSEL		671		6,000	
MANAGEMENT		435		7,205	
ASSESSMENT ROLL		84		600	
TIF/SAD REBATE ANALYSIS		364		8,500	
DUES, LICENSES & FEES		175		175	
ENGINEERING		2,448		17,500	
GENERAL INSURANCE		4,900		6,500	
WEB SITE MAINTENANCE		750		750	
LEGAL ADVERTISING		53		380	
TRAVEL AND PER DIEM		28		60	
OFFICE SUPPLIES		0		100	
OFFICE RENT		7		2,000	
POSTAGE & SHIPPING		14		50	
COPIES		231		200	
SUPERVISOR FEES		7		1,920	
CONTINGENCY ADMIN		35		5,000	
TRUSTEE SERVICES		800		700	
TOTAL ADMIN EXPENSES		17,044		64,690	

	FISCAL YEAR	FISCAL YEAR	
	2022/2023	2023/2024	
		ANNUAL BUDGET			FINAL BUDGET		
EXPENDITURES - MAINT			
AQUATIC MAINTENANCE		0	830	
BULDING MAINTENANCE		0	1,659	
COMMUNITY AREA MAINTENANCE		0	622	
TIM OPERATIONS		0	1,249	
CONTINGENCY		0	867	
DEVELOPMENT COORDINATOR		0	261	
ELECTRIC		0	207	
ENGINEERING - MAINT.		0	1,452	
FIELD MANAGEMENT		0	622	
FOUNTAIN MAINTENANCE & CHEMICALS		0	265	
IRRIGATION PARTS & REPAIRS		0	166	
IRRIGATION WATER		0	17	
LANDSCAPE MAINTENANCE		0	1,393	
SIDEWALK CLEANING AND REPAIR		0	249	
SIGNAGE		0	83	
STORMWATER CONTROL		0	3,526	
STREETLIGHT MAINTENANCE AND REPAIR		0	166	
TREE/PLANT REPLACEMENT & TRIM		0	415	
TOTAL MAINTENANCE EXPENSES		0	14,049	

 		
Total Expenditures		$	17,044	$	78,739	

 		
EXCESS / (SHORTFALL)		$	1,482	$	30,439	

PAYMENTS TO TRUSTEE		 	

-	(22,342)	
BALANCE		$	1,482	$	8,097	

COUNTY APPRAISER & TAX COLLECTOR FEE		 	
(741)	(4,049)	
DISCOUNTS FOR EARLY PAYMENTS		(741)	(4,049)	
NET EXCESS / (SHORTFALL)		$	-	$	-	

	FISCAL YEAR		FISCAL YEAR	
	2022/2023		2023/2024	
		ANNUAL BUDGET				FINAL BUDGET		
REVENUES					
ON-ROLL ASSESSMENTS - DEBT		0		325,651	
ON-ROLL ASSESSMENTS - Admin		45,006		70,316	
ON-ROLL ASSESSMENTS - Maintenance		0		88,679	
DEVELOPER CONTRIBUTION/BONDS - TIM		0		0	
STORMWATER		0		106,804	
CARRY OVER FUNDS FROM PRIOR YEAR		0		0	
Total Revenues		$	45,006		$	591,450	

EXPENDITURES - ADMIN					
ARBITRAGE FEE		0		650	
AUDIT		6,000		6,000	
DISSEMINATION AGENT		269		400	
DISTRICT COUNSEL		4,312		6,000	
MANAGEMENT		2,796		7,205	
ASSESSMENT ROLL		539		600	
TIF/SAD REBATE ANALYSIS		2,337		8,500	
DUES, LICENSES & FEES		175		175	
ENGINEERING		15,721		17,500	
GENERAL INSURANCE		5,300		6,500	
WEB SITE MAINTENANCE		750		750	
LEGAL ADVERTISING		341		380	
TRAVEL AND PER DIEM		45		60	
OFFICE SUPPLIES		270		100	
OFFICE RENT		1,482		2,000	
POSTAGE & SHIPPING		45		50	
COPIES		225		200	
SUPERVISOR FEES		800		1,920	
CONTINGENCY ADMIN		0		5,000	
TRUSTEE SERVICES		0		700	
TOTAL ADMIN EXPENSES		41,407		64,690	

		FISCAL YEAR		FISCAL YEAR	
		2022/2023		2023/2024	
			ANNUAL BUDGET				FINAL BUDGET		
EXPENDITURES - MAINT					
AQUATIC MAINTENANCE		0		11,125	
BULDING MAINTENANCE		0		22,251	
COMMUNITY AREA MAINTENANCE		0		8,344	
TIM OPERATIONS		0		16,744	
CONTINGENCY		0		11,621	
DEVELOPMENT COORDINATOR		0		3,501	
ELECTRIC		0		2,781	
ENGINEERING - MAINT.		0		19,470	
FIELD MANAGEMENT		0		8,344	
FOUNTAIN MAINTENANCE & CHEMICALS		0		3,560	
IRRIGATION PARTS & REPAIRS		0		2,225	
IRRIGATION WATER		0		223	
LANDSCAPE MAINTENANCE		0		18,680	
SIDEWALK CLEANING AND REPAIR		0		3,338	
SIGNAGE		0		1,113	
STORMWATER CONTROL		0		47,283	
STREETLIGHT MAINTENANCE AND REPAIR		0		2,225	
TREE/PLANT REPLACEMENT & TRIM		0		5,563	
TOTAL MAINTENANCE EXPENSES		0		188,389	
					
Total Expenditures		$	41,407		$	253,079	
					
EXCESS / (SHORTFALL)		$	3,599		$	338,370	

PAYMENTS TO TRUSTEE		
-		
(299,599)	
BALANCE		$	3,599		$	38,772	

COUNTY APPRAISER & TAX COLLECTOR FEE		
(1,800)		
(19,386)	
DISCOUNTS FOR EARLY PAYMENTS		(1,800)		(19,386)	
NET EXCESS / (SHORTFALL)		$	-		$	-	

		FISCAL YEAR		FISCAL YEAR	
		2022/2023		2023/2024	
			ANNUAL BUDGET				FINAL BUDGET		
REVENUES					
ON-ROLL ASSESSMENTS - DEBT		0		342,946	
ON-ROLL ASSESSMENTS - Admin		74,575		70,316	
ON-ROLL ASSESSMENTS - Maintenance		0		93,389	
DEVELOPER CONTRIBUTION/BONDS - TIM		0		0	
STORMWATER		0		112,477	
CARRY OVER FUNDS FROM PRIOR YEAR		0		0	
Total Revenues		$	74,575		$	619,127	

EXPENDITURES - ADMIN					
ARBITRAGE FEE		0		650	
AUDIT		6,000		6,000	
DISSEMINATION AGENT		528		400	
DISTRICT COUNSEL		8,445		6,000	
MANAGEMENT		5,475		7,205	
ASSESSMENT ROLL		1,056		600	
TIF/SAD REBATE ANALYSIS		4,576		8,500	
DUES, LICENSES & FEES		175		175	
ENGINEERING		30,789		17,500	
GENERAL INSURANCE		5,300		6,500	
WEB SITE MAINTENANCE		750		750	
LEGAL ADVERTISING		669		380	
TRAVEL AND PER DIEM		88		60	
OFFICE SUPPLIES		176		100	
OFFICE RENT		2,903		2,000	
POSTAGE & SHIPPING		88		50	
COPIES		440		200	
SUPERVISOR FEES		800		1,920	
CONTINGENCY ADMIN		352		5,000	
TRUSTEE SERVICES		0		700	
TOTAL ADMIN EXPENSES		68,610		64,690	

		FISCAL YEAR		FISCAL YEAR	
		2022/2023		2023/2024	
			ANNUAL BUDGET				FINAL BUDGET		
EXPENDITURES - MAINT					
AQUATIC MAINTENANCE		0		11,716	
BULDING MAINTENANCE		0		23,433	
COMMUNITY AREA MAINTENANCE		0		8,787	
TIM OPERATIONS		0		17,633	
CONTINGENCY		0		12,238	
DEVELOPMENT COORDINATOR		0		3,687	
ELECTRIC		0		2,929	
ENGINEERING - MAINT.		0		20,504	
FIELD MANAGEMENT		0		8,787	
FOUNTAIN MAINTENANCE & CHEMICALS		0		3,749	
IRRIGATION PARTS & REPAIRS		0		2,343	
IRRIGATION WATER		0		234	
LANDSCAPE MAINTENANCE		0		19,672	
SIDEWALK CLEANING AND REPAIR		0		3,515	
SIGNAGE		0		1,172	
STORMWATER CONTROL		0		49,794	
STREETLIGHT MAINTENANCE AND REPAIR		0		2,343	
TREE/PLANT REPLACEMENT & TRIM		0		5,858	
TOTAL MAINTENANCE EXPENSES		0		198,394	
					
Total Expenditures		$	68,610		$	263,085	
					
EXCESS / (SHORTFALL)		$	5,965		$	356,042	

PAYMENTS TO TRUSTEE		
-		
(315,510)	
BALANCE		$	5,965		$	40,532	

COUNTY APPRAISER & TAX COLLECTOR FEE		
(2,983)		
(20,266)	
DISCOUNTS FOR EARLY PAYMENTS		(2,983)		(20,266)	
NET EXCESS / (SHORTFALL)		$	-		$	-	

		FISCAL YEAR		FISCAL YEAR	
		2022/2023		2023/2024	
			ANNUAL BUDGET				FINAL BUDGET		
REVENUES					
ON-ROLL ASSESSMENTS - DEBT		200,225		386,873	
ON-ROLL ASSESSMENTS - Admin		67,977		70,316	
ON-ROLL ASSESSMENTS - Maintenance		25,323		105,351	
DEVELOPER CONTRIBUTION/BONDS - TIM		0		0	
STORMWATER		33,211		126,883	
CARRY OVER FUNDS FROM PRIOR YEAR		0		0	
Total Revenues		$	326,736		$	689,423	

EXPENDITURES - ADMIN					
ARBITRAGE FEE		1,341		650	
AUDIT		6,000		6,000	
DISSEMINATION AGENT		446		400	
DISTRICT COUNSEL		7,130		6,000	
MANAGEMENT		4,623		7,205	
ASSESSMENT ROLL		891		600	
TIF/SAD REBATE ANALYSIS		3,864		8,500	
DUES, LICENSES & FEES		175		175	
ENGINEERING		25,995		17,500	
GENERAL INSURANCE		5,100		6,500	
WEB SITE MAINTENANCE		750		750	
LEGAL ADVERTISING		564		380	
TRAVEL AND PER DIEM		74		60	
OFFICE SUPPLIES		149		100	
OFFICE RENT		2,451		2,000	
POSTAGE & SHIPPING		74		50	
COPIES		371		200	
SUPERVISOR FEES		800		1,920	
CONTINGENCY ADMIN		297		5,000	
TRUSTEE SERVICES		1,444		700	
TOTAL ADMIN EXPENSES		62,539		64,690	

		FISCAL YEAR		FISCAL YEAR	
		2022/2023		2023/2024	
			ANNUAL BUDGET				FINAL BUDGET		
EXPENDITURES - MAINT					
AQUATIC MAINTENANCE		3,736		13,217	
BULDING MAINTENANCE		83		26,434	
COMMUNITY AREA MAINTENANCE		3,487		9,913	
TIM OPERATIONS		0		19,892	
CONTINGENCY		15,111		13,805	
DEVELOPMENT COORDINATOR		0		4,159	
ELECTRIC		2,076		3,304	
ENGINEERING - MAINT.		14,530		23,130	
FIELD MANAGEMENT		1,328		9,913	
FOUNTAIN MAINTENANCE & CHEMICALS		830		4,229	
IRRIGATION PARTS & REPAIRS		664		2,643	
IRRIGATION WATER		166		264	
LANDSCAPE MAINTENANCE		3,869		22,191	
SIDEWALK CLEANING AND REPAIR		2,491		3,965	
SIGNAGE		830		1,322	
STORMWATER CONTROL		4,151		56,172	
STREETLIGHT MAINTENANCE AND REPAIR		166		2,643	
TREE/PLANT REPLACEMENT & TRIM		2,989		6,609	
TOTAL MAINTENANCE EXPENSES		56,507		223,806	
					
Total Expenditures		$	119,046		$	288,496	
					
EXCESS / (SHORTFALL)		$	207,690		$	400,926	

PAYMENTS TO TRUSTEE		
(184,207)		
(355,923)	
BALANCE		$	23,483		$	45,003	

COUNTY APPRAISER & TAX COLLECTOR FEE		
(11,742)		
(22,502)	
DISCOUNTS FOR EARLY PAYMENTS		(11,742)		(22,502)	
NET EXCESS / (SHORTFALL)		$	-		$	-	

		FISCAL YEAR		FISCAL YEAR	
		2022/2023		2023/2024	
			ANNUAL BUDGET				FINAL BUDGET		
REVENUES					
ON-ROLL ASSESSMENTS - DEBT		704,605		439,269	
ON-ROLL ASSESSMENTS - Admin		149,421		70,316	
ON-ROLL ASSESSMENTS - Maintenance		267,221		119,619	
DEVELOPER CONTRIBUTION/BONDS - TIM		1,113,700		0	
STORMWATER		350,454		144,068	
CARRY OVER FUNDS FROM PRIOR YEAR		0		0	
Total Revenues		$	2,585,401		$	773,271	

EXPENDITURES - ADMIN					
ARBITRAGE FEE		3,256		650	
AUDIT		6,000		6,000	
DISSEMINATION AGENT		1,082		400	
DISTRICT COUNSEL		17,317		6,000	
MANAGEMENT		11,227		7,205	
ASSESSMENT ROLL		2,165		600	
TIF/SAD REBATE ANALYSIS		9,384		8,500	
DUES, LICENSES & FEES		175		175	
ENGINEERING		63,136		17,500	
GENERAL INSURANCE		9,000		6,500	
WEB SITE MAINTENANCE		750		750	
LEGAL ADVERTISING		1,371		380	
TRAVEL AND PER DIEM		180		60	
OFFICE SUPPLIES		361		100	
OFFICE RENT		5,953		2,000	
POSTAGE & SHIPPING		180		50	
COPIES		902		200	
SUPERVISOR FEES		800		1,920	
CONTINGENCY ADMIN		4,228		5,000	
TRUSTEE SERVICES		0		700	
TIM Capital		720,000		0	
TOTAL ADMIN EXPENSES		857,467		64,690	

		FISCAL YEAR		FISCAL YEAR	
		2022/2023		2023/2024	
			ANNUAL BUDGET				FINAL BUDGET		
EXPENDITURES - MAINT					
AQUATIC MAINTENANCE		39,426		15,007	
BULDING MAINTENANCE		876		30,014	
COMMUNITY AREA MAINTENANCE		108,642		11,255	
TIM OPERATIONS		393,700		22,586	
CONTINGENCY		87,613		15,675	
DEVELOPMENT COORDINATOR		0		4,722	
ELECTRIC		21,903		3,752	
ENGINEERING - MAINT.		153,324		26,262	
FIELD MANAGEMENT		14,018		11,255	
FOUNTAIN MAINTENANCE & CHEMICALS		8,761		4,802	
IRRIGATION PARTS & REPAIRS		7,009		3,001	
IRRIGATION WATER		1,752		300	
LANDSCAPE MAINTENANCE		40,828		25,197	
SIDEWALK CLEANING AND REPAIR		26,284		4,502	
SIGNAGE		8,761		1,501	
STORMWATER CONTROL		43,807		63,780	
STREETLIGHT MAINTENANCE AND REPAIR		1,752		3,001	
TREE/PLANT REPLACEMENT & TRIM		31,541		7,504	
TOTAL MAINTENANCE EXPENSES		989,997		254,117	
					
Total Expenditures		$	1,847,464		$	318,807	
					
EXCESS / (SHORTFALL)		$	737,937		$	454,464	

PAYMENTS TO TRUSTEE		
(648,236)		
(404,127)	
BALANCE		$	89,701		$	50,336	

COUNTY APPRAISER & TAX COLLECTOR FEE		
(44,850)		
(25,168)	
DISCOUNTS FOR EARLY PAYMENTS		(44,850)		(25,168)	
NET EXCESS / (SHORTFALL)		$	-		$	-	

		FISCAL YEAR		FISCAL YEAR	
		2022/2023		2023/2024	
			ANNUAL BUDGET				FINAL BUDGET		
REVENUES					
ON-ROLL ASSESSMENTS - DEBT		64,433		164,458	
ON-ROLL ASSESSMENTS - Admin		90,887		70,316	
ON-ROLL ASSESSMENTS - Maintenance		12,455		44,784	
DEVELOPER CONTRIBUTION/BONDS - TIM		0		0	
STORMWATER		16,335		53,938	
CARRY OVER FUNDS FROM PRIOR YEAR		0		0	
Total Revenues		$	184,110		$	333,495	

EXPENDITURES - ADMIN					
ARBITRAGE FEE		1,904		650	
AUDIT		6,000		6,000	
DISSEMINATION AGENT		633		400	
DISTRICT COUNSEL		10,124		6,000	
MANAGEMENT		6,564		7,205	
ASSESSMENT ROLL		1,266		600	
TIF/SAD REBATE ANALYSIS		5,486		8,500	
DUES, LICENSES & FEES		175		175	
ENGINEERING		36,912		17,500	
GENERAL INSURANCE		5,300		6,500	
WEB SITE MAINTENANCE		750		750	
LEGAL ADVERTISING		802		380	
TRAVEL AND PER DIEM		105		60	
OFFICE SUPPLIES		211		100	
OFFICE RENT		3,480		2,000	
POSTAGE & SHIPPING		105		50	
COPIES		527		200	
SUPERVISOR FEES		800		1,920	
CONTINGENCY ADMIN		2,472		5,000	
TRUSTEE SERVICES		0		700	
TOTAL ADMIN EXPENSES		83,616		64,690	

		FISCAL YEAR		FISCAL YEAR	
		2022/2023		2023/2024	
			ANNUAL BUDGET				FINAL BUDGET		
EXPENDITURES - MAINT					
AQUATIC MAINTENANCE		1,838		5,618	
BULDING MAINTENANCE		41		11,237	
COMMUNITY AREA MAINTENANCE		5,064		4,214	
TIM OPERATIONS		0		8,456	
CONTINGENCY		4,084		5,869	
DEVELOPMENT COORDINATOR		0		1,768	
ELECTRIC		1,021		1,405	
ENGINEERING - MAINT.		7,147		9,832	
FIELD MANAGEMENT		653		4,214	
FOUNTAIN MAINTENANCE & CHEMICALS		408		1,798	
IRRIGATION PARTS & REPAIRS		327		1,124	
IRRIGATION WATER		82		112	
LANDSCAPE MAINTENANCE		1,903		9,433	
SIDEWALK CLEANING AND REPAIR		1,225		1,686	
SIGNAGE		408		562	
STORMWATER CONTROL		2,042		23,879	
STREETLIGHT MAINTENANCE AND REPAIR		82		1,124	
TREE/PLANT REPLACEMENT & TRIM		1,470		2,809	
TOTAL MAINTENANCE EXPENSES		27,795		95,139	
					
Total Expenditures		$	111,411		$	159,829	
					
EXCESS / (SHORTFALL)		$	72,699		$	173,666	

PAYMENTS TO TRUSTEE		
(59,278)		
(151,301)	
BALANCE		$	13,421		$	22,365	

COUNTY APPRAISER & TAX COLLECTOR FEE		
(6,711)		
(11,182)	
DISCOUNTS FOR EARLY PAYMENTS		(6,711)		(11,182)	
NET EXCESS / (SHORTFALL)		$	-		$	-	

		FISCAL YEAR		FISCAL YEAR	
		2022/2023		2023/2024	
			ANNUAL BUDGET				FINAL BUDGET		
REVENUES					
ON-ROLL ASSESSMENTS - DEBT		64,433		386,873	
ON-ROLL ASSESSMENTS - Admin		90,887		70,316	
ON-ROLL ASSESSMENTS - Maintenance		12,455		105,351	
DEVELOPER CONTRIBUTION/BONDS - TIM		0		0	
STORMWATER		16,335		126,883	
CARRY OVER FUNDS FROM PRIOR YEAR		0		0	
Total Revenues		$	184,110		$	689,423	

EXPENDITURES - ADMIN					
ARBITRAGE FEE		1,904		650	
AUDIT		6,000		6,000	
DISSEMINATION AGENT		633		400	
DISTRICT COUNSEL		10,124		6,000	
MANAGEMENT		6,564		7,205	
ASSESSMENT ROLL		1,266		600	
TIF/SAD REBATE ANALYSIS		5,486		8,500	
DUES, LICENSES & FEES		175		175	
ENGINEERING		36,912		17,500	
GENERAL INSURANCE		5,300		6,500	
WEB SITE MAINTENANCE		750		750	
LEGAL ADVERTISING		802		380	
TRAVEL AND PER DIEM		105		60	
OFFICE SUPPLIES		211		100	
OFFICE RENT		3,480		2,000	
POSTAGE & SHIPPING		105		50	
COPIES		527		200	
SUPERVISOR FEES		800		1,920	
CONTINGENCY ADMIN		2,472		5,000	
TRUSTEE SERVICES		0		700	
TOTAL ADMIN EXPENSES		83,616		64,690	

		FISCAL YEAR		FISCAL YEAR	
		2022/2023		2023/2024	
			ANNUAL BUDGET				FINAL BUDGET		
EXPENDITURES - MAINT					
AQUATIC MAINTENANCE		1,838		13,217	
BULDING MAINTENANCE		41		26,434	
COMMUNITY AREA MAINTENANCE		5,064		9,913	
TIM OPERATIONS		0		19,892	
CONTINGENCY		4,084		13,805	
DEVELOPMENT COORDINATOR		0		4,159	
ELECTRIC		1,021		3,304	
ENGINEERING - MAINT.		7,147		23,130	
FIELD MANAGEMENT		653		9,913	
FOUNTAIN MAINTENANCE & CHEMICALS		408		4,229	
IRRIGATION PARTS & REPAIRS		327		2,643	
IRRIGATION WATER		82		264	
LANDSCAPE MAINTENANCE		1,903		22,191	
SIDEWALK CLEANING AND REPAIR		1,225		3,965	
SIGNAGE		408		1,322	
STORMWATER CONTROL		2,042		56,172	
STREETLIGHT MAINTENANCE AND REPAIR		82		2,643	
TREE/PLANT REPLACEMENT & TRIM		1,470		6,609	
TOTAL MAINTENANCE EXPENSES		27,795		223,806	
					
Total Expenditures		$	111,411		$	288,496	
					
EXCESS / (SHORTFALL)		$	72,699		$	400,926	

PAYMENTS TO TRUSTEE		
(59,278)		
(355,923)	
BALANCE		$	13,421		$	45,003	

COUNTY APPRAISER & TAX COLLECTOR FEE		
(6,711)		
(22,502)	
DISCOUNTS FOR EARLY PAYMENTS		(6,711)		(22,502)	
NET EXCESS / (SHORTFALL)		$	-		$	-	

		FISCAL YEAR		FISCAL YEAR	
		2022/2023		2023/2024	
			ANNUAL BUDGET				FINAL BUDGET		
REVENUES					
ON-ROLL ASSESSMENTS - DEBT		64,433		342,946	
ON-ROLL ASSESSMENTS - Admin		90,887		70,316	
ON-ROLL ASSESSMENTS - Maintenance		12,455		93,389	
DEVELOPER CONTRIBUTION/BONDS - TIM		0		0	
STORMWATER		16,335		112,477	
CARRY OVER FUNDS FROM PRIOR YEAR		0		0	
Total Revenues		$	184,110		$	619,127	

EXPENDITURES - ADMIN					
ARBITRAGE FEE		1,904		650	
AUDIT		6,000		6,000	
DISSEMINATION AGENT		633		400	
DISTRICT COUNSEL		10,124		6,000	
MANAGEMENT		6,564		7,205	
ASSESSMENT ROLL		1,266		600	
TIF/SAD REBATE ANALYSIS		5,486		8,500	
DUES, LICENSES & FEES		175		175	
ENGINEERING		36,912		17,500	
GENERAL INSURANCE		5,300		6,500	
WEB SITE MAINTENANCE		750		750	
LEGAL ADVERTISING		802		380	
TRAVEL AND PER DIEM		105		60	
OFFICE SUPPLIES		211		100	
OFFICE RENT		3,480		2,000	
POSTAGE & SHIPPING		105		50	
COPIES		527		200	
SUPERVISOR FEES		800		1,920	
CONTINGENCY ADMIN		2,472		5,000	
TRUSTEE SERVICES		0		700	
TOTAL ADMIN EXPENSES		83,616		64,690	

		FISCAL YEAR		FISCAL YEAR	
		2022/2023		2023/2024	
			ANNUAL BUDGET				FINAL BUDGET		
EXPENDITURES - MAINT					
AQUATIC MAINTENANCE		1,838		11,716	
BULDING MAINTENANCE		41		23,433	
COMMUNITY AREA MAINTENANCE		5,064		8,787	
TIM OPERATIONS		0		17,633	
CONTINGENCY		4,084		12,238	
DEVELOPMENT COORDINATOR		0		3,687	
ELECTRIC		1,021		2,929	
ENGINEERING - MAINT.		7,147		20,504	
FIELD MANAGEMENT		653		8,787	
FOUNTAIN MAINTENANCE & CHEMICALS		408		3,749	
IRRIGATION PARTS & REPAIRS		327		2,343	
IRRIGATION WATER		82		234	
LANDSCAPE MAINTENANCE		1,903		19,672	
SIDEWALK CLEANING AND REPAIR		1,225		3,515	
SIGNAGE		408		1,172	
STORMWATER CONTROL		2,042		49,794	
STREETLIGHT MAINTENANCE AND REPAIR		82		2,343	
TREE/PLANT REPLACEMENT & TRIM		1,470		5,858	
TOTAL MAINTENANCE EXPENSES		27,795		198,394	
					
Total Expenditures		$	111,411		$	263,085	
					
EXCESS / (SHORTFALL)		$	72,699		$	356,042	

PAYMENTS TO TRUSTEE		
(59,278)		
(315,510)	
BALANCE		$	13,421		$	40,532	

COUNTY APPRAISER & TAX COLLECTOR FEE		
(6,711)		
(20,266)	
DISCOUNTS FOR EARLY PAYMENTS		(6,711)		(20,266)	
NET EXCESS / (SHORTFALL)		$	-		$	-	

		FISCAL YEAR		FISCAL YEAR	
		2022/2023		2023/2024	
			ANNUAL BUDGET				FINAL BUDGET		
REVENUES					
ON-ROLL ASSESSMENTS - DEBT		64,433		164,458	
ON-ROLL ASSESSMENTS - Admin		90,887		70,316	
ON-ROLL ASSESSMENTS - Maintenance		12,455		44,784	
DEVELOPER CONTRIBUTION/BONDS - TIM		0		0	
STORMWATER		16,335		53,938	
CARRY OVER FUNDS FROM PRIOR YEAR		0		0	
Total Revenues		$	184,110		$	333,495	

EXPENDITURES - ADMIN					
ARBITRAGE FEE		1,904		650	
AUDIT		6,000		6,000	
DISSEMINATION AGENT		633		400	
DISTRICT COUNSEL		10,124		6,000	
MANAGEMENT		6,564		7,205	
ASSESSMENT ROLL		1,266		600	
TIF/SAD REBATE ANALYSIS		5,486		8,500	
DUES, LICENSES & FEES		175		175	
ENGINEERING		36,912		17,500	
GENERAL INSURANCE		5,300		6,500	
WEB SITE MAINTENANCE		750		750	
LEGAL ADVERTISING		802		380	
TRAVEL AND PER DIEM		105		60	
OFFICE SUPPLIES		211		100	
OFFICE RENT		3,480		2,000	
POSTAGE & SHIPPING		105		50	
COPIES		527		200	
SUPERVISOR FEES		800		1,920	
CONTINGENCY ADMIN		2,472		5,000	
TRUSTEE SERVICES		0		700	
TOTAL ADMIN EXPENSES		83,616		64,690	

		FISCAL YEAR		FISCAL YEAR	
		2022/2023		2023/2024	
			ANNUAL BUDGET				FINAL BUDGET		
EXPENDITURES - MAINT					
AQUATIC MAINTENANCE		1,838		5,618	
BULDING MAINTENANCE		41		11,237	
COMMUNITY AREA MAINTENANCE		5,064		4,214	
TIM OPERATIONS		0		8,456	
CONTINGENCY		4,084		5,869	
DEVELOPMENT COORDINATOR		0		1,768	
ELECTRIC		1,021		1,405	
ENGINEERING - MAINT.		7,147		9,832	
FIELD MANAGEMENT		653		4,214	
FOUNTAIN MAINTENANCE & CHEMICALS		408		1,798	
IRRIGATION PARTS & REPAIRS		327		1,124	
IRRIGATION WATER		82		112	
LANDSCAPE MAINTENANCE		1,903		9,433	
SIDEWALK CLEANING AND REPAIR		1,225		1,686	
SIGNAGE		408		562	
STORMWATER CONTROL		2,042		23,879	
STREETLIGHT MAINTENANCE AND REPAIR		82		1,124	
TREE/PLANT REPLACEMENT & TRIM		1,470		2,809	
TOTAL MAINTENANCE EXPENSES		27,795		95,139	
					
Total Expenditures		$	111,411		$	159,829	
					
EXCESS / (SHORTFALL)		$	72,699		$	173,666	

PAYMENTS TO TRUSTEE		
(59,278)		
(151,301)	
BALANCE		$	13,421		$	22,365	

COUNTY APPRAISER & TAX COLLECTOR FEE		
(6,711)		
(11,182)	
DISCOUNTS FOR EARLY PAYMENTS		(6,711)		(11,182)	
NET EXCESS / (SHORTFALL)		$	-		$	-	

		FISCAL YEAR		FISCAL YEAR	
		2022/2023		2023/2024	
			ANNUAL BUDGET				FINAL BUDGET		
REVENUES					
ON-ROLL ASSESSMENTS - DEBT		64,433		349,323	
ON-ROLL ASSESSMENTS - Operations		90,887		70,316	
ON-ROLL ASSESSMENTS - Maintenance		12,455		95,125	
DEVELOPER CONTRIBUTION/BONDS - TIM		0		0	
STORMWATER		16,335		114,568	
CARRY OVER FUNDS FROM PRIOR YEAR		0		0	
Total Revenues		$	184,110		$	629,333	

EXPENDITURES - ADMIN					
ARBITRAGE REBATE FEE*		1,904		650	
AUDIT*		6,000		6,000	
DISSEMINATION AGENT		633		400	
DISTRICT COUNSEL		10,124		6,000	
MANAGEMENT		6,564		7,205	
ASSESSMENT ROLL		1,266		600	
TIF/SAD REBATE ANALYSIS		5,486		8,500	
DUES, LICENSES & FEES*		175		175	
ENGINEERING		36,912		17,500	
GENERAL INSURANCE*		5,300		6,500	
WEB SITE MAINTENANCE*		750		750	
LEGAL ADVERTISING		802		380	
TRAVEL AND PER DIEM		105		60	
OFFICE SUPPLIES		211		100	
OFFICE RENT		3,480		2,000	
POSTAGE & SHIPPING		105		50	
COPIES		527		200	
SUPERVISOR FEES*		800		1,920	
CONTINGENCY ADMIN		2,472		5,000	
TRUSTEE SERVICES		0		700	
TOTAL ADMIN EXPENSES		83,616		64,690	

		FISCAL YEAR		FISCAL YEAR	
		2022/2023		2023/2024	
			ANNUAL BUDGET				FINAL BUDGET		
EXPENDITURES - MAINT					
AQUATIC MAINTENANCE		1,838		11,934	
BULDING MAINTENANCE		41		23,868	
COMMUNITY AREA MAINTENANCE		5,064		8,951	
TIM OPERATIONS		0		17,961	
CONTINGENCY		4,084		12,465	
DEVELOPMENT COORDINATOR		0		3,755	
ELECTRIC		1,021		2,984	
ENGINEERING - MAINT.		7,147		20,885	
FIELD MANAGEMENT		653		8,951	
FOUNTAIN MAINTENANCE & CHEMICALS		408		3,819	
IRRIGATION PARTS & REPAIRS		327		2,387	
IRRIGATION WATER		82		239	
LANDSCAPE MAINTENANCE		1,903		20,037	
SIDEWALK CLEANING AND REPAIR		1,225		3,580	
SIGNAGE		408		1,193	
STORMWATER CONTROL		2,042		50,720	
STREETLIGHT MAINTENANCE AND REPAIR		82		2,387	
TREE/PLANT REPLACEMENT & TRIM		1,470		5,967	
TOTAL MAINTENANCE EXPENSES		27,795		202,084	
					
Total Expenditures		$	111,411		$	266,774	
					
EXCESS / (SHORTFALL)		$	72,699		$	362,559	

PAYMENTS TO TRUSTEE		
(59,278)		
(321,377)	
BALANCE		$	13,421		$	41,181	

COUNTY APPRAISER & TAX COLLECTOR FEE		
(6,711)		
(20,591)	
DISCOUNTS FOR EARLY PAYMENTS		(6,711)		(20,591)	
NET EXCESS / (SHORTFALL)		$	-		$	-	

FINAL OPERATIONS/MAINTENANCE ASSESSMENTS CALCULATION FISCAL YEAR 2023/2024
OCTOBER 1, 2023 - SEPTEMBER 30, 2024
CDDs 1 - 10

On Fiscal Year 2023/2024 Tax Roll*
TYPE	Volume	ERU Factor	ERUS**	
Single Family ‐ General	1,963	1.0000	1,963.00	
Multi‐Family	‐	1.0000	‐	
Apartments	1,754	0.5000	877.00	
Retail Sq. Ft.	88,462	0.0020	176.92	
Office Sq. Ft.	155,928	0.0010	155.93	
Research Sq.Ft.	286,574	0.0010	286.57	
Warehouse Sq.Ft.	1,488,005	0.0010	1,488.01	
Hotel Rooms	277	1.0000	277.00	
Hospital	180	3.0000	540.00	
Acreage	1,613	4.0000	6,451.68	
*As of May 15, 2023
**Rounded

12,216.11

Total ERUs on Roll

Assessments Per Unit
Single Family ‐ General	117.53	
Multi‐Family	117.53	
Apartments	58.77	
Retail Sq. Ft.	0.24	
Office Sq. Ft.	0.12	
Research Sq.Ft.	0.12	
Warehouse Sq.Ft.	0.12	
Hotel Rooms	117.53	
Hospital	352.59	
Acre	470.12	

FINAL DEBT SERVICE SERIES 2019, 2020, 2021 BONDS
FISCAL YEAR 2023/2024 OCTOBER 1, 2023 - SEPTEMBER 30, 2024

FISCAL YEAR 2023/2024 FINAL BUDGET

REVENUES
Interest Income	0
Net 2019 Bond Collections	449,025
Net 2020 Bond Collections	425,265
Net 2021 Bond Collections	926,000
Net 2022 Bond Collections	892,625
Total Revenues	$	2,692,915

EXPENDITURES		

2019 Bond Payments		449,025	
2020 Bond Payments		425,265	
2021 Bond Payments		926,000	
2022 Bond Payments		892,625	
Miscellaneous / Extra Redemption (2019)		0	
Miscellaneous / Extra Redemption (2020)		0	
Miscellaneous / Extra Redemption (2021)		0	
Miscellaneous / Extra Redemption (2022)		0	
Total Expenditures	$	2,692,915	

Excess / (Shortfall)	$	-

Land Use	
Folio#	
Landowner	Units
Sq. Ft.	Est. Gross Annual
PI Debt Service/Unit*	

Research	
4315‐600‐0001‐000‐8	
City of Port St. Lucie (Torrey Pines)	
85937	
0.08	
Hotel	4315‐606‐0003‐000‐0	BBL at Equinox (Homewood Suites)	111	220.48	
Research	4315‐502‐0008‐000‐6	City of Port St. Lucie (formerly VGTI)	92142	0.03	
Hospital	4315‐501‐0004‐000‐5	Martin Memorial	180	293.18	
Research	4315‐608‐0001‐000‐2	Trad Health (Bldg 1 ‐ south)	45238	0.11	
Retail	4315‐602‐0002‐000‐1	Mason Street Holdings (Wawa)	6280	0.73	
Office	4315‐505‐0005‐000‐4	Pegasus PSL (Keiser University)	75146	0.33	
Research	4315‐608‐0002‐000‐9	Trad Health (Bldg 2 ‐ north)	64128	0.31	
Retail	4315‐607‐0002‐000‐6	G&S Family Hospitality (Culvers)	4652	0.73	
Retail	4315‐606‐0002‐000‐3	BBL at Tradition (Recovery Sports Bar & Grill)	6518	0.68	
Retail	4315‐607‐0005‐000‐7	CFT NV Developments (Panda Express)	2766	0.73	
Office	4315‐607‐0003‐000‐3	PRD Owner (Dental Care)	4000	0.30	
Office	4315‐506‐0002‐000‐6	SFO Holdings (Urgent Care)	32360	0.34	
Retail	4315‐609‐0006‐000‐0	Pershing Properties (Verizon)	2500	0.76	
SF 55 or Less	Multiple	Del Webb @ Tradition (Phases 1 and 2)	161	466.79	
SF 56 ‐ 66	Multiple	Del Webb @ Tradition (Phases 1 and 2)	42	516.27	
Apts	4315‐613‐0001‐000‐8	Continental 409	304	358.01	
Retail	4315‐605‐0003‐000‐7	Northern Lights Realty (Innovation Plaza)	10478	0.82	
Retail	4315‐609‐0004‐000‐6	JEM Port St Lucie (Restaurant & mini golf)	6251	0.72	
Medical Office	4315‐603‐0001‐000‐7	Florida Vision (Bldg 1)	34350	0.38	
Apts	4315‐500‐0012‐000‐1	Grande Palms II (Phase 1 ‐ south)	300	350.57	
Warehouse	4315‐800‐0003‐000‐6	CES Port St. Lucie Landlord (City Electric)	411852	0.42	
SF 55 or Less	Multiple	Heron Preserve	151	499.95	
SF 56 ‐ 66	Multiple	Heron Preserve	50	560.55	
Retail	4315‐607‐0004‐000‐0	Tradition Lot 3 (eastern portion ‐ PDQ 000)	2782	0.77	
SF 55 or Less	Multiple	Del Webb @ Tradition (Phase 3)	130	525.79	
SF 56 ‐ 66	Multiple	Del Webb @ Tradition (Phase 3)	46	589.69	
Retail	4315‐609‐0007‐000‐7	RDP 11 (southern portion ‐ Burger King)	2967	0.87	
Medical Office	4315‐611‐0002‐000‐9	KYK Holdings (Premier Medical Plaza)	9986	0.38	
Hotel	4315‐612‐0001‐000‐5	Tradition Hotel Holdings, LLC (Courtyard by Marriott)	84	452.77	
SF 55 or Less	4315‐500‐0008‐000‐0	Mattamy	54	524.67	
SF 56 ‐ 66	4315‐500‐0008‐000‐0	Mattamy	36	588.89	
SF 55 or Less	Multiple	Manderlie ‐ Phase 2	51	476.09	
SF 56 - 66	Multiple	Manderlie ‐ Phase 2	32	534.37	
SF 55 or Less	Multiple	Heron Preserve ‐ Phase 2	142	477.11	
SF 56 - 66	Multiple	Heron Preserve ‐ Phase 2	50	535.09	
SF 55 or Less	Multiple	Del Webb ‐ Phase 4	159	477.11	
SF 56 - 66	Multiple	Del Webb ‐ Phase 4	20	535.09	
SF 55 or Less	Multiple	Tolero ‐ Phase 1	157	477.77	
SF 56 - 66	Multiple	Tolero ‐ Phase 1	29	535.76	
Retail	4315‐609‐0005‐000‐3	RG Tradition, LLC (Starbucks)	2500	0.75	
Retail	4315‐614‐0001‐000‐1	RDP 11, LLC (north ‐ 3 tenant bldg.)	5124	0.79	
Warehouse	4335‐500‐0003‐000‐7	PSL Industrial Owner, LLC	245111	0.41	
Hotel	4315‐705‐0002‐000‐7	Tradition One, LLC (Tru by Hilton)	82	407.86	
Retail	4315‐705‐0001‐000‐0	Suratman, LLC	10476	0.79	
Apts	4315‐615‐0002‐000‐1	Watermark at Port St Lucie FL, LLC	214	330.69	
Apts	4315‐615‐0003‐000‐8	Lucie at Tradition, LLC	264	330.89	

MF	4334‐700‐0003‐000‐8	America Walks at Port St. Lucie, LLC	410	445.65	
SF 56 - 66	Multiple	GRBK GHO Belterra, LLC ‐ Phase 1	79	536.67	
SF 67 or More	Multiple	GRBK GHO Belterra, LLC ‐ Phase 1	77	580.43	
Retail	4315‐615‐0001‐000‐4	Vitas Healthcare Corporation of Florida, Inc.	32000	0.77	
SF 56 - 66	Multiple	GRBK GHO Belterra, LLC - Phase 1, Plat 1 & 2	26	689.43	
SF 67 or More	Multiple	GRBK GHO Belterra, LLC - Phase 1, Plat 1 & 2	47	745.65	
SF 55 or Less	Multiple	Del Webb - Plat 5A	70	612.92	
SF 56 - 66	Multiple	Del Webb - Plat 5A	24	687.41	
SF 55 or Less	Multiple	Kenley - Plat 1	137	616.89	
SF 56 - 66	Multiple	Kenley - Plat 1	77	691.39	
SF 55 or Less	Multiple	Telaro - Plat 2	206	614.96	
SF 56 - 66	Multiple	Telaro - Plat 2	50	690.08	
Apts	4315‐500‐0011‐000‐4	Grande Palms at Tradition I, LLC (north parcel)	300	412.03	
Retail	4316‐504‐0002‐000‐3	Local Strip, LLC (west Barron Shoppes parcel - sold)	9350	0.99	
Retail	4316‐504‐0001‐000‐6	Baron Shoppes Tradition, LLC (east parcel)	5820	0.99	
Retail	4316‐504‐0003‐000‐0	PCW Holdings, LLC (carwash)	9969	0.98	
Retail	4315-603-0002-000-4	Amber Hills Properties, LLC	14040	0.92	
Warehouse	4315‐802‐0002‐000‐5	Accel Florida, LLC	150351	0.52	
Warehouse	4326‐601‐0002‐000‐2	Cheney Bros, Inc.	351869	0.52	
Warehouse	4335‐500‐0004‐000‐4	NBPIII Legacy III, LLC (Lot 2)	168000	0.52	
Warehouse	4315‐706‐0003‐000‐7	Oculus Surgical, Inc.	75246	0.52	

*Figures are rounded and are net of previously paid CI BAN and DI BAN Credits

RESOLUTION 2023-18

RESOLUTION OF THE SOUTHERN GROVE COMMUNITY DEVELOPMENT DISTRICT NO. 1 LEVYING NON-AD VALOREM ASSESSMENTS FOR THE SOUTHERN GROVE COMMUNITY DEVELOPMENT DISTRICT NOS. 1-10 FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2023, AND ENDING SEPTEMBER 30, 2024.

WHEREAS, Southern Grove Development District No. 1 (“District No. 1”) is a local unit of special-purpose government organized and existing in accordance with the Uniform Community Development District Act of 1980, Chapter 190, Florida Statutes (“Act”); and

WHEREAS, District No. 1, along with Southern Grove Community Development District Nos. 2-10 (“Other Districts,” and collectively with District No. 1, the “Districts”), are parties to that certain Second Amended and Restated District Development Interlocal Agreement dated July 9, 2013, recorded in Official Records Book 3539, Page 1072, of the public records of St. Lucie County, Florida (“District Interlocal Agreement”), whereby the Districts have delegated to the “Administration District” (as defined in the District Interlocal Agreement) the authority to act on behalf of the Districts with respect to the levy and collection of non-ad valorem assessments for the Districts; and

WHEREAS, the District Interlocal Agreement designates Southern Grove Community Development District No. 1 (“District No. 1”) as the initial Administration District, and the Districts have not designated another District as successor or replacement Administration District; and

WHEREAS, within the Districts certain costs of operation, repairs and maintenance are being incurred; and

WHEREAS, the Board of Supervisors of District No. 1 (“Board”) finds that the total General Fund Operations Assessments for the Districts during Fiscal Year 2023/2024 will amount to
$	, allocated (i) upon assessable properties within District No. 1,
$	, (ii) upon assessable properties within District No. 2,
$	, (iii) upon assessable properties within District No. 3,
$	, (iv) upon assessable properties within District No. 4,
$	, (v) upon assessable properties within District No. 5,
$	, (v) upon assessable properties within District No. 6,
$	, (v) upon assessable properties within District No. 7,
$	, (v) upon assessable properties within District No. 8,
$	, (v) upon assessable properties within District No. 9,
$	, (vi) upon assessable properties within District No. 10,
$	, ; and:

WHEREAS, the Board finds that, taking into consideration other revenue sources, the Project/Bond Assessment for the Districts during Fiscal Year 2023/2024 will amount to
$	, allocated (i) upon assessable properties within District No. 1,
$	, (ii) upon assessable properties within District No. 2,  40
$	, (iii) upon assessable properties within District No. 3,

$	, (iv) upon assessable properties within District No. 4,
$	, (v) upon assessable properties within District No. 5,
$	, (vi) upon assessable properties within District No. 6,
$	, (vii) upon assessable properties within District No. 7,
$	, (viii) upon assessable properties within District No. 8,
$	, (ix) upon assessable properties within District No. 9,
$	, (x) upon assessable properties within District No. 10,
$	, ; and

WHEREAS, the Board finds that the costs of administration provide special and peculiar benefit to certain properties within the Districts; and

WHEREAS, the Board finds that the assessments on the affected parcels of property to pay for the special and peculiar benefits is fairly and reasonably apportioned, in proportion to the benefits received in accordance with the applicable Assessment Methodologies for the Districts;

NOW, THEREFORE BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF SOUTHERN GROVE COMMUNITY DEVELOPMENT DISTRICT NO.1 OF ST. LUCIE COUNTY, FLORIDA:

Section 1.

A Special Assessment for Maintenance (if required), as provided for in Section
190.021 Florida Statutes, (hereinafter referred to as the “assessments”) is hereby levied on the platted lots within the Districts as shown on the attached Exhibit A (if applicable).

Section 2.

The collection and enforcement of the aforesaid assessments on platted lots shall be by the Tax Collector serving as agent of the State of Florida in St. Lucie County (Tax Collector) and shall be at the same time and in like manner as ad valorem taxes and subject to all ad valorem tax collection and enforcement procedures which attend the use of the official annual tax notice under Section 290.021 Florida Statutes.

Section 3.

The said assessment levies on platted lands included in the Districts to be levied upon, are hereby certified to the St. Lucie County Property Appraiser, to be extended on the St. Lucie County Tax Roll and shall be collected by the Tax Collector in the same manner and time as St. Lucie County taxes. The proceeds therefrom shall be paid to District No. 1 for credit to the respective District in accordance with the District Interlocal Agreement.

Section 4.

Be it further resolved, that a copy of this Resolution shall be transmitted to the proper officials so that its purpose and effect may be carried out in accordance with the law.

PASSED AND ADOPTED this 6th day of September, 2023.

SOUTHERN GROVE COMMUNITY DEVELOPMENT DISTRICT NO. 1, 2, 3,
5, 9

Chairman / Vice Chairman

ATTEST:

Secretary/ Assistant Secretary

SOUTHERN GROVE COMMUNITY DEVELOPMENT DISTRICT NO. 4, 6, 7,
8, 10

Chairman / Vice Chairman

ATTEST:

Secretary/ Assistant Secretary

RESOLUTION 2023-18 (CDD2)

RESOLUTION OF THE SOUTHERN GROVE COMMUNITY DEVELOPMENT DISTRICT NO. 2 CONSENTING TO THE LEVY AND COLLECTION BY THE SOUTHERN GROVE COMMUNITY DEVELOPMENT DISTRICT NO. 1 OF THE NON-AD VALOREM ASSESSMENTS FOR THE SOUTHERN GROVE COMMUNITY DEVELOPMENT DISTRICT NOS. 1-10 FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2023, AND ENDING SEPTEMBER 30, 2024.

WHEREAS, Southern Grove Community Development District No. 2 (“District No. 2”) is a local unit of special-purpose government organized and existing in accordance with the Uniform Community Development District Act of 1980, Chapter 190, Florida Statutes (“Act”); and

WHEREAS, District No. 2, along with Southern Grove Community Development District Nos. 1 & 3-10 (“Other Districts,” and collectively with District No. 2, the “Districts”) are parties to that certain Second Amended and Restated District Development Interlocal Agreement dated July 9, 2013, recorded in Official Records Book 3539, Page 1072, of the public records of St. Lucie County, Florida (“District Interlocal Agreement”), whereby the Districts have delegated to the “Administration District” (as defined in the District Interlocal Agreement), the authority to act on behalf of the Districts with respect to the levy and collection of non-ad valorem assessments for the Districts; and

WHEREAS, the District Interlocal Agreement designates Southern Grove Community Development District No. 1 (“District No. 1”) as the initial Administration District, and the Districts have not designated another District as successor or replacement Administration District; and

WHEREAS, the Board of Supervisors of District No. 1, in accordance with the District Interlocal Agreement, has levied non-ad valorem assessments for the Southern Grove Community Development District Nos. 1 through 10 for the Fiscal Year beginning October 1, 2023, and ending September 30, 2024; by its Resolution No. 2023-18; Resolution of the Southern Grove Community Development District No. 1 Levying Non-Ad Valorem Assessments for the Southern Grove Community Development District Nos. 1 through 10 for the Fiscal Year Beginning October 1, 2023, and Ending September 30, 2024; and

WHEREAS, although the District Interlocal Agreement accords full authority to District No. 1 to levy and collect non-ad valorem assessments for the Districts, the Board of Supervisors of District No. 2 (“Board”) desires to express its consent to the levy and collection by the Board of Supervisors of District No. 1 of the non-ad valorem assessments for the Districts for the Fiscal Year Beginning October 1, 2023, and Ending September 30, 2024;

NOW, THEREFORE BE IT RESOLVED BY THE BOARD OF

DISTRICT NO. 2, AS FOLLOWS:

Section 1.	Consent to Levy and Collection of Non-Ad Valorem Assessments for Fiscal Year 2024. The Board hereby consents to the levy and collection by the Board of Supervisors of District No. 1 of the non-ad valorem assessments for the Districts for the Fiscal Year beginning October 1, 2023, and ending September 30, 2024.

Section 2.  Severability. If any section, paragraph, clause, or provision of this Resolution shall be held to be invalid or ineffective for any reason, the remainder of this Resolution shall continue in full force and effect, it being expressly hereby found and declared that the remainder of this Resolution would have been adopted despite the invalidity or ineffectiveness of such section, paragraph, clause, or provision.

Section 3.  Effective Date. This Resolution shall take effect immediately upon its adoption, and all provisions of any previous resolution in conflict with the provisions of this Resolution are hereby superseded.

ADOPTED by the Board of Supervisors of Southern Grove Community Development District No. 2 this 6th day of September, 2023.

SOUTHERN GROVE COMMUNITY DEVELOPMENT DISTRICT NO. 2

Chairman / Vice Chairman

ATTEST:

Secretary/ Assistant Secretary

RESOLUTION 2023-18 (CDD3)

RESOLUTION OF THE SOUTHERN GROVE COMMUNITY DEVELOPMENT DISTRICT NO. 3 CONSENTING TO THE LEVY AND COLLECTION BY THE SOUTHERN GROVE COMMUNITY DEVELOPMENT DISTRICT NO. 1 OF THE NON-AD VALOREM ASSESSMENTS FOR THE SOUTHERN GROVE COMMUNITY DEVELOPMENT DISTRICT NOS. 1-10 FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2023, AND ENDING SEPTEMBER 30, 2024.

WHEREAS, Southern Grove Community Development District No. 3 (“District No. 3”) is a local unit of special-purpose government organized and existing in accordance with the Uniform Community Development District Act of 1980, Chapter 190, Florida Statutes (“Act”); and

WHEREAS, District No. 3, along with Southern Grove Community Development District Nos. 1-2 & 4-10 (“Other Districts,” and collectively with District No. 3, the “Districts”) are parties to that certain Second Amended and Restated District Development Interlocal Agreement dated July 9, 2013, recorded in Official Records Book 3539, Page 1072, of the public records of St. Lucie County, Florida (“District Interlocal Agreement”), whereby the Districts have delegated to the “Administration District” (as defined in the District Interlocal Agreement), the authority to act on behalf of the Districts with respect to the levy and collection of non-ad valorem assessments for the Districts; and

WHEREAS, the District Interlocal Agreement designates Southern Grove Community Development District No. 1 (“District No. 1”) as the initial Administration District, and the Districts have not designated another District as successor or replacement Administration District; and

WHEREAS, the Board of Supervisors of District No. 1, in accordance with the District Interlocal Agreement, has levied non-ad valorem assessments for the Southern Grove Community Development District Nos. 1 through 10 for the Fiscal Year beginning October 1, 2023, and ending September 30, 2024; by its Resolution No. 2023-18; Resolution of the Southern Grove Community Development District No. 1 Levying Non-Ad Valorem Assessments for the Southern Grove Community Development District Nos. 1 through 10 for the Fiscal Year Beginning October 1, 2023, and Ending September 30, 2024; and

WHEREAS, although the District Interlocal Agreement accords full authority to District No. 1 to levy and collect non-ad valorem assessments for the Districts, the Board of Supervisors of District No. 3 (“Board”) desires to express its consent to the levy and collection by the Board of Supervisors of District No. 1 of the non-ad valorem assessments for the Districts for the Fiscal Year Beginning October 1, 2023, and Ending September 30, 2024;

NOW, THEREFORE BE IT RESOLVED BY THE BOARD OF

DISTRICT NO. 3, AS FOLLOWS:

Section 1.	Consent to Levy and Collection of Non-Ad Valorem Assessments for Fiscal Year 2024. The Board hereby consents to the levy and collection by the Board of Supervisors of District No. 1 of the non-ad valorem assessments for the Districts for the Fiscal Year beginning October 1, 2023, and ending September 30, 2024.

Section 2.  Severability. If any section, paragraph, clause, or provision of this Resolution shall be held to be invalid or ineffective for any reason, the remainder of this Resolution shall continue in full force and effect, it being expressly hereby found and declared that the remainder of this Resolution would have been adopted despite the invalidity or ineffectiveness of such section, paragraph, clause, or provision.

Section 3.  Effective Date. This Resolution shall take effect immediately upon its adoption, and all provisions of any previous resolution in conflict with the provisions of this Resolution are hereby superseded.

ADOPTED by the Board of Supervisors of Southern Grove Community Development District No. 3 this 6th day of September, 2023.

SOUTHERN GROVE COMMUNITY DEVELOPMENT DISTRICT NO. 3

Chairman / Vice Chairman

ATTEST:

Secretary/ Assistant Secretary

RESOLUTION 2023-18 (CDD4)

RESOLUTION OF THE SOUTHERN GROVE COMMUNITY DEVELOPMENT DISTRICT NO. 4 CONSENTING TO THE LEVY AND COLLECTION BY THE SOUTHERN GROVE COMMUNITY DEVELOPMENT DISTRICT NO. 1 OF THE NON-AD VALOREM ASSESSMENTS FOR THE SOUTHERN GROVE COMMUNITY DEVELOPMENT DISTRICT NOS. 1-10 FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2023, AND ENDING SEPTEMBER 30, 2024.

WHEREAS, Southern Grove Community Development District No. 4 (“District No. 4”) is a local unit of special-purpose government organized and existing in accordance with the Uniform Community Development District Act of 1980, Chapter 190, Florida Statutes (“Act”); and

WHEREAS, District No. 4, along with Southern Grove Community Development District Nos. 1-3 & 5-10 (“Other Districts,” and collectively with District No. 4, the “Districts”) are parties to that certain Second Amended and Restated District Development Interlocal Agreement dated July 9, 2018, recorded in Official Records Book 3539, Page 10102, of the public records of St. Lucie County, Florida (“District Interlocal Agreement”), whereby the Districts have delegated to the “Administration District” (as defined in the District Interlocal Agreement), the authority to act on behalf of the Districts with respect to the levy and collection of non-ad valorem assessments for the Districts; and

WHEREAS, the District Interlocal Agreement designates Southern Grove Community Development District No. 1 (“District No. 1”) as the initial Administration District, and the Districts have not designated another District as successor or replacement Administration District; and

WHEREAS, the Board of Supervisors of District No. 1, in accordance with the District Interlocal Agreement, has levied non-ad valorem assessments for the Southern Grove Community Development District Nos. 1 through 10 for the Fiscal Year beginning October 1, 2023, and ending September 30, 2024; by its Resolution No. 2023-18; Resolution of the Southern Grove Community Development District No. 1 Levying Non-Ad Valorem Assessments for the Southern Grove Community Development District Nos. 1 through 10 for the Fiscal Year Beginning October 1, 2023, and Ending September 30, 2024; and

WHEREAS, although the District Interlocal Agreement accords full authority to District No. 1 to levy and collect non-ad valorem assessments for the Districts, the Board of Supervisors of District No. 4 (“Board”) desires to express its consent to the levy and collection by the Board of Supervisors of District No. 1 of the non-ad valorem assessments for the Districts for the Fiscal Year Beginning October 1, 2023, and Ending September 30, 2024;

NOW, THEREFORE BE IT RESOLVED BY THE BOARD OF

DISTRICT NO. 4, AS FOLLOWS:

Section 1.	Consent to Levy and Collection of Non-Ad Valorem Assessments for Fiscal Year 2024. The Board hereby consents to the levy and collection by the Board of Supervisors of District No. 1 of the non-ad valorem assessments for the Districts for the Fiscal Year beginning October 1, 2023, and ending September 30, 2024.

Section 2.  Severability. If any section, paragraph, clause, or provision of this Resolution shall be held to be invalid or ineffective for any reason, the remainder of this Resolution shall continue in full force and effect, it being expressly hereby found and declared that the remainder of this Resolution would have been adopted despite the invalidity or ineffectiveness of such section, paragraph, clause, or provision.

Section 3.  Effective Date. This Resolution shall take effect immediately upon its adoption, and all provisions of any previous resolution in conflict with the provisions of this Resolution are hereby superseded.

ADOPTED by the Board of Supervisors of Southern Grove Community Development District No. 4 this 6th day of September, 2023.

SOUTHERN GROVE COMMUNITY DEVELOPMENT DISTRICT NO. 4

Chairman / Vice Chairman

ATTEST:

Secretary/ Assistant Secretary

RESOLUTION 2023-18 (CDD5)

RESOLUTION OF THE SOUTHERN GROVE COMMUNITY DEVELOPMENT DISTRICT NO. 5 CONSENTING TO THE LEVY AND COLLECTION BY THE SOUTHERN GROVE COMMUNITY DEVELOPMENT DISTRICT NO. 1 OF THE NON-AD VALOREM ASSESSMENTS FOR THE SOUTHERN GROVE COMMUNITY DEVELOPMENT DISTRICT NOS. 1-10 FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2023, AND ENDING SEPTEMBER 30, 2024.

WHEREAS, Southern Grove Community Development District No. 5 (“District No. 5”) is a local unit of special-purpose government organized and existing in accordance with the Uniform Community Development District Act of 1980, Chapter 190, Florida Statutes (“Act”); and

WHEREAS, District No. 5, along with Southern Grove Community Development District Nos. 1-4 & 10 (“Other Districts,” and collectively with District No. 5, the “Districts”) are parties to that certain Second Amended and Restated District Development Interlocal Agreement dated July 9, 2018, recorded in Official Records Book 3539, Page 1072, of the public records of St. Lucie County, Florida (“District Interlocal Agreement”), whereby the Districts have delegated to the “Administration District” (as defined in the District Interlocal Agreement), the authority to act on behalf of the Districts with respect to the levy and collection of non-ad valorem assessments for the Districts; and

WHEREAS, the District Interlocal Agreement designates Southern Grove Community Development District No. 1 (“District No. 1”) as the initial Administration District, and the Districts have not designated another District as successor or replacement Administration District; and

WHEREAS, the Board of Supervisors of District No. 1, in accordance with the District Interlocal Agreement, has levied non-ad valorem assessments for the Southern Grove Community Development District Nos. 1 through 10 for the Fiscal Year beginning October 1, 2023, and ending September 30, 2024; by its Resolution No. 2023-18; Resolution of the Southern Grove Community Development District No. 1 Levying Non-Ad Valorem Assessments for the Southern Grove Community Development District Nos. 1 through 10 for the Fiscal Year Beginning October 1, 2023, and Ending September 30, 2024; and

WHEREAS, although the District Interlocal Agreement accords full authority to District No. 1 to levy and collect non-ad valorem assessments for the Districts, the Board of Supervisors of District No. 5 (“Board”) desires to express its consent to the levy and collection by the Board of Supervisors of District No. 1 of the non-ad valorem assessments for the Districts for the Fiscal Year Beginning October 1, 2023, and Ending September 30, 2024;

NOW, THEREFORE BE IT RESOLVED BY THE BOARD OF

DISTRICT NO. 5, AS FOLLOWS:

Section 1.	Consent to Levy and Collection of Non-Ad Valorem Assessments for Fiscal Year 2024. The Board hereby consents to the levy and collection by the Board of Supervisors of District No. 1 of the non-ad valorem assessments for the Districts for the Fiscal Year beginning October 1, 2023, and ending September 30, 2024.

Section 2.  Severability. If any section, paragraph, clause, or provision of this Resolution shall be held to be invalid or ineffective for any reason, the remainder of this Resolution shall continue in full force and effect, it being expressly hereby found and declared that the remainder of this Resolution would have been adopted despite the invalidity or ineffectiveness of such section, paragraph, clause, or provision.

Section 3.  Effective Date. This Resolution shall take effect immediately upon its adoption, and all provisions of any previous resolution in conflict with the provisions of this Resolution are hereby superseded.

ADOPTED by the Board of Supervisors of Southern Grove Community Development District No. 5 this 6th day of September, 2023.

SOUTHERN GROVE COMMUNITY DEVELOPMENT DISTRICT NO. 5

Chairman / Vice Chairman

ATTEST:

Secretary/ Assistant Secretary

RESOLUTION 2023-18 (CDD6)

RESOLUTION OF THE SOUTHERN GROVE COMMUNITY DEVELOPMENT DISTRICT NO. 6 CONSENTING TO THE LEVY AND COLLECTION BY THE SOUTHERN GROVE COMMUNITY DEVELOPMENT DISTRICT NO. 1 OF THE NON-AD VALOREM ASSESSMENTS FOR THE SOUTHERN GROVE COMMUNITY DEVELOPMENT DISTRICT NOS. 1-6 FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2023, AND ENDING SEPTEMBER 30, 2024.

WHEREAS, Southern Grove Community Development District No. 6 (“District No. 6”) is a local unit of special-purpose government organized and existing in accordance with the Uniform Community Development District Act of 1980, Chapter 190, Florida Statutes (“Act”); and

WHEREAS, District No. 6, along with Southern Grove Community Development District Nos. 1-10 (“Other Districts,” and collectively with District No. 6, the “Districts”) are parties to that certain Second Amended and Restated District Development Interlocal Agreement dated July 9, 2018, recorded in Official Records Book 3539, Page 672, of the public records of St. Lucie County, Florida (“District Interlocal Agreement”), whereby the Districts have delegated to the “Administration District” (as defined in the District Interlocal Agreement), the authority to act on behalf of the Districts with respect to the levy and collection of non-ad valorem assessments for the Districts; and

WHEREAS, the District Interlocal Agreement designates Southern Grove Community Development District No. 1 (“District No. 1”) as the initial Administration District, and the Districts have not designated another District as successor or replacement Administration District; and

WHEREAS, the Board of Supervisors of District No. 1, in accordance with the District Interlocal Agreement, has levied non-ad valorem assessments for the Southern Grove Community Development District Nos. 1 through 10 for the Fiscal Year beginning October 1, 2023, and ending September 30, 2024; by its Resolution No. 2023-18; Resolution of the Southern Grove Community Development District No. 1 Levying Non-Ad Valorem Assessments for the Southern Grove Community Development District Nos. 1 through 10 for the Fiscal Year Beginning October 1, 2023, and Ending September 30, 2024; and

WHEREAS, although the District Interlocal Agreement accords full authority to District No. 1 to levy and collect non-ad valorem assessments for the Districts, the Board of Supervisors of District No. 6 (“Board”) desires to express its consent to the levy and collection by the Board of Supervisors of District No. 1 of the non-ad valorem assessments for the Districts for the Fiscal Year Beginning October 1, 2023, and Ending September 30, 2024;

NOW, THEREFORE BE IT RESOLVED BY THE BOARD OF

DISTRICT NO. 6, AS FOLLOWS:

Section 1.	Consent to Levy and Collection of Non-Ad Valorem Assessments for Fiscal Year 2024. The Board hereby consents to the levy and collection by the Board of Supervisors of District No. 1 of the non-ad valorem assessments for the Districts for the Fiscal Year beginning October 1, 2023, and ending September 30, 2024.

Section 2.  Severability. If any section, paragraph, clause, or provision of this Resolution shall be held to be invalid or ineffective for any reason, the remainder of this Resolution shall continue in full force and effect, it being expressly hereby found and declared that the remainder of this Resolution would have been adopted despite the invalidity or ineffectiveness of such section, paragraph, clause, or provision.

Section 3.  Effective Date. This Resolution shall take effect immediately upon its adoption, and all provisions of any previous resolution in conflict with the provisions of this Resolution are hereby superseded.

ADOPTED by the Board of Supervisors of Southern Grove Community Development District No. 6 this 6th day of September, 2023.

SOUTHERN GROVE COMMUNITY DEVELOPMENT DISTRICT NO. 6

Chairman / Vice Chairman

ATTEST:

Secretary/ Assistant Secretary

RESOLUTION 2023-18 (CDD7)

RESOLUTION OF THE SOUTHERN GROVE COMMUNITY DEVELOPMENT DISTRICT NO. 7 CONSENTING TO THE LEVY AND COLLECTION BY THE SOUTHERN GROVE COMMUNITY DEVELOPMENT DISTRICT NO. 1 OF THE NON-AD VALOREM ASSESSMENTS FOR THE SOUTHERN GROVE COMMUNITY DEVELOPMENT DISTRICT NOS. 1-10 FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2023, AND ENDING SEPTEMBER 30, 2024.

WHEREAS, Southern Grove Community Development District No. 7 (“District No. 7”) is a local unit of special-purpose government organized and existing in accordance with the Uniform Community Development District Act of 1980, Chapter 190, Florida Statutes (“Act”); and

WHEREAS, District No. 7, along with Southern Grove Community Development District Nos. 1 & 3-10 (“Other Districts,” and collectively with District No. 7, the “Districts”) are parties to that certain Second Amended and Restated District Development Interlocal Agreement dated July 9, 7013, recorded in Official Records Book 3539, Page 1077, of the public records of St. Lucie County, Florida (“District Interlocal Agreement”), whereby the Districts have delegated to the “Administration District” (as defined in the District Interlocal Agreement), the authority to act on behalf of the Districts with respect to the levy and collection of non-ad valorem assessments for the Districts; and

WHEREAS, the District Interlocal Agreement designates Southern Grove Community Development District No. 1 (“District No. 1”) as the initial Administration District, and the Districts have not designated another District as successor or replacement Administration District; and

WHEREAS, the Board of Supervisors of District No. 1, in accordance with the District Interlocal Agreement, has levied non-ad valorem assessments for the Southern Grove Community Development District Nos. 1 through 10 for the Fiscal Year beginning October 1, 2023, and ending September 30, 2024; by its Resolution No. 2023-18; Resolution of the Southern Grove Community Development District No. 1 Levying Non-Ad Valorem Assessments for the Southern Grove Community Development District Nos. 1 through 10 for the Fiscal Year Beginning October 1, 2023, and Ending September 30, 2024; and

WHEREAS, although the District Interlocal Agreement accords full authority to District No. 1 to levy and collect non-ad valorem assessments for the Districts, the Board of Supervisors of District No. 7 (“Board”) desires to express its consent to the levy and collection by the Board of Supervisors of District No. 1 of the non-ad valorem assessments for the Districts for the Fiscal Year Beginning October 1, 2023, and Ending September 30, 2024;

NOW, THEREFORE BE IT RESOLVED BY THE BOARD OF

DISTRICT NO. 7, AS FOLLOWS:

Section 1.	Consent to Levy and Collection of Non-Ad Valorem Assessments for Fiscal Year 2024. The Board hereby consents to the levy and collection by the Board of Supervisors of District No. 1 of the non-ad valorem assessments for the Districts for the Fiscal Year beginning October 1, 2023, and ending September 30, 2024.

Section 7.  Severability. If any section, paragraph, clause, or provision of this Resolution shall be held to be invalid or ineffective for any reason, the remainder of this Resolution shall continue in full force and effect, it being expressly hereby found and declared that the remainder of this Resolution would have been adopted despite the invalidity or ineffectiveness of such section, paragraph, clause, or provision.

Section 3.  Effective Date. This Resolution shall take effect immediately upon its adoption, and all provisions of any previous resolution in conflict with the provisions of this Resolution are hereby superseded.

ADOPTED by the Board of Supervisors of Southern Grove Community Development District No. 7 this 6th day of September, 2023.

SOUTHERN GROVE COMMUNITY DEVELOPMENT DISTRICT NO. 7

Chairman / Vice Chairman

ATTEST:

Secretary/ Assistant Secretary

RESOLUTION 2023-18 (CDD8)

RESOLUTION OF THE SOUTHERN GROVE COMMUNITY DEVELOPMENT DISTRICT NO. 8 CONSENTING TO THE LEVY AND COLLECTION BY THE SOUTHERN GROVE COMMUNITY DEVELOPMENT DISTRICT NO. 1 OF THE NON-AD VALOREM ASSESSMENTS FOR THE SOUTHERN GROVE COMMUNITY DEVELOPMENT DISTRICT NOS. 1-10 FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2023, AND ENDING SEPTEMBER 30, 2024.

WHEREAS, Southern Grove Community Development District No. 8 (“District No. 8”) is a local unit of special-purpose government organized and existing in accordance with the Uniform Community Development District Act of 1980, Chapter 190, Florida Statutes (“Act”); and

WHEREAS, District No. 8, along with Southern Grove Community Development District Nos. 1 & 3-10 (“Other Districts,” and collectively with District No. 8, the “Districts”) are parties to that certain Second Amended and Restated District Development Interlocal Agreement dated July 9, 8013, recorded in Official Records Book 3539, Page 1088, of the public records of St. Lucie County, Florida (“District Interlocal Agreement”), whereby the Districts have delegated to the “Administration District” (as defined in the District Interlocal Agreement), the authority to act on behalf of the Districts with respect to the levy and collection of non-ad valorem assessments for the Districts; and

WHEREAS, the District Interlocal Agreement designates Southern Grove Community Development District No. 1 (“District No. 1”) as the initial Administration District, and the Districts have not designated another District as successor or replacement Administration District; and

WHEREAS, the Board of Supervisors of District No. 1, in accordance with the District Interlocal Agreement, has levied non-ad valorem assessments for the Southern Grove Community Development District Nos. 1 through 10 for the Fiscal Year beginning October 1, 2023, and ending September 30, 2024; by its Resolution No. 2023-18; Resolution of the Southern Grove Community Development District No. 1 Levying Non-Ad Valorem Assessments for the Southern Grove Community Development District Nos. 1 through 10 for the Fiscal Year Beginning October 1, 2023, and Ending September 30, 2024; and

WHEREAS, although the District Interlocal Agreement accords full authority to District No. 1 to levy and collect non-ad valorem assessments for the Districts, the Board of Supervisors of District No. 8 (“Board”) desires to express its consent to the levy and collection by the Board of Supervisors of District No. 1 of the non-ad valorem assessments for the Districts for the Fiscal Year Beginning October 1, 2023, and Ending September 30, 2024;

NOW, THEREFORE BE IT RESOLVED BY THE BOARD OF

DISTRICT NO. 8, AS FOLLOWS:

Section 1.	Consent to Levy and Collection of Non-Ad Valorem Assessments for Fiscal Year 2024. The Board hereby consents to the levy and collection by the Board of Supervisors of District No. 1 of the non-ad valorem assessments for the Districts for the Fiscal Year beginning October 1, 2023, and ending September 30, 2024.

Section 8.  Severability. If any section, paragraph, clause, or provision of this Resolution shall be held to be invalid or ineffective for any reason, the remainder of this Resolution shall continue in full force and effect, it being expressly hereby found and declared that the remainder of this Resolution would have been adopted despite the invalidity or ineffectiveness of such section, paragraph, clause, or provision.

Section 3.  Effective Date. This Resolution shall take effect immediately upon its adoption, and all provisions of any previous resolution in conflict with the provisions of this Resolution are hereby superseded.

ADOPTED by the Board of Supervisors of Southern Grove Community Development District No. 8 this 6th day of September, 2023.

SOUTHERN GROVE COMMUNITY DEVELOPMENT DISTRICT NO. 8

Chairman / Vice Chairman

ATTEST:

Secretary/ Assistant Secretary

RESOLUTION 2023-18 (CDD9)

RESOLUTION OF THE SOUTHERN GROVE COMMUNITY DEVELOPMENT DISTRICT NO. 9 CONSENTING TO THE LEVY AND COLLECTION BY THE SOUTHERN GROVE COMMUNITY DEVELOPMENT DISTRICT NO. 1 OF THE NON-AD VALOREM ASSESSMENTS FOR THE SOUTHERN GROVE COMMUNITY DEVELOPMENT DISTRICT NOS. 1-10 FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2023, AND ENDING SEPTEMBER 30, 2024.

WHEREAS, Southern Grove Community Development District No. 9 (“District No. 9”) is a local unit of special-purpose government organized and existing in accordance with the Uniform Community Development District Act of 1980, Chapter 190, Florida Statutes (“Act”); and

WHEREAS, District No. 9, along with Southern Grove Community Development District Nos. 1 & 3-10 (“Other Districts,” and collectively with District No. 9, the “Districts”) are parties to that certain Second Amended and Restated District Development Interlocal Agreement dated July 9, 9013, recorded in Official Records Book 3539, Page 1099, of the public records of St. Lucie County, Florida (“District Interlocal Agreement”), whereby the Districts have delegated to the “Administration District” (as defined in the District Interlocal Agreement), the authority to act on behalf of the Districts with respect to the levy and collection of non-ad valorem assessments for the Districts; and

WHEREAS, the District Interlocal Agreement designates Southern Grove Community Development District No. 1 (“District No. 1”) as the initial Administration District, and the Districts have not designated another District as successor or replacement Administration District; and

WHEREAS, the Board of Supervisors of District No. 1, in accordance with the District Interlocal Agreement, has levied non-ad valorem assessments for the Southern Grove Community Development District Nos. 1 through 10 for the Fiscal Year beginning October 1, 2023, and ending September 30, 2024; by its Resolution No. 2023-18; Resolution of the Southern Grove Community Development District No. 1 Levying Non-Ad Valorem Assessments for the Southern Grove Community Development District Nos. 1 through 10 for the Fiscal Year Beginning October 1, 2023, and Ending September 30, 2024; and

WHEREAS, although the District Interlocal Agreement accords full authority to District No. 1 to levy and collect non-ad valorem assessments for the Districts, the Board of Supervisors of District No. 9 (“Board”) desires to express its consent to the levy and collection by the Board of Supervisors of District No. 1 of the non-ad valorem assessments for the Districts for the Fiscal Year Beginning October 1, 2023, and Ending September 30, 2024;

NOW, THEREFORE BE IT RESOLVED BY THE BOARD OF

DISTRICT NO. 9, AS FOLLOWS:

Section 1.	Consent to Levy and Collection of Non-Ad Valorem Assessments for Fiscal Year 2024. The Board hereby consents to the levy and collection by the Board of Supervisors of District No. 1 of the non-ad valorem assessments for the Districts for the Fiscal Year beginning October 1, 2023, and ending September 30, 2024.

Section 9.  Severability. If any section, paragraph, clause, or provision of this Resolution shall be held to be invalid or ineffective for any reason, the remainder of this Resolution shall continue in full force and effect, it being expressly hereby found and declared that the remainder of this Resolution would have been adopted despite the invalidity or ineffectiveness of such section, paragraph, clause, or provision.

Section 3.  Effective Date. This Resolution shall take effect immediately upon its adoption, and all provisions of any previous resolution in conflict with the provisions of this Resolution are hereby superseded.

ADOPTED by the Board of Supervisors of Southern Grove Community Development District No. 9 this 6th day of September, 2023.

SOUTHERN GROVE COMMUNITY DEVELOPMENT DISTRICT NO. 9

Chairman / Vice Chairman

ATTEST:

Secretary/ Assistant Secretary

RESOLUTION 2023-18 (CDD10)

RESOLUTION OF THE SOUTHERN GROVE COMMUNITY DEVELOPMENT DISTRICT NO. 10 CONSENTING TO THE LEVY AND COLLECTION BY THE SOUTHERN GROVE COMMUNITY DEVELOPMENT DISTRICT NO. 1 OF THE NON-AD VALOREM ASSESSMENTS FOR THE SOUTHERN GROVE COMMUNITY DEVELOPMENT DISTRICT NOS. 1-10 FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2023, AND ENDING SEPTEMBER 30, 2024.

WHEREAS, Southern Grove Community Development District No. 10 (“District No. 10”) is a local unit of special-purpose government organized and existing in accordance with the Uniform Community Development District Act of 1980, Chapter 190, Florida Statutes (“Act”); and

WHEREAS, District No. 10, along with Southern Grove Community Development District Nos. 1-5 (“Other Districts,” and collectively with District No. 10, the “Districts”) are parties to that certain Second Amended and Restated District Development Interlocal Agreement dated July 9, 2018, recorded in Official Records Book 3539, Page 1072, of the public records of St. Lucie County, Florida (“District Interlocal Agreement”), whereby the Districts have delegated to the “Administration District” (as defined in the District Interlocal Agreement), the authority to act on behalf of the Districts with respect to the levy and collection of non-ad valorem assessments for the Districts; and

WHEREAS, the District Interlocal Agreement designates Southern Grove Community Development District No. 1 (“District No. 1”) as the initial Administration District, and the Districts have not designated another District as successor or replacement Administration District; and

WHEREAS, the Board of Supervisors of District No. 1, in accordance with the District Interlocal Agreement, has levied non-ad valorem assessments for the Southern Grove Community Development District Nos. 1 through 10 for the Fiscal Year beginning October 1, 2023, and ending September 30, 2024; by its Resolution No. 2023-18; Resolution of the Southern Grove Community Development District No. 1 Levying Non-Ad Valorem Assessments for the Southern Grove Community Development District Nos. 1 through 10 for the Fiscal Year Beginning October 1, 2023, and Ending September 30, 2024; and

WHEREAS, although the District Interlocal Agreement accords full authority to District No. 1 to levy and collect non-ad valorem assessments for the Districts, the Board of Supervisors of District No. 10 (“Board”) desires to express its consent to the levy and collection by the Board of Supervisors of District No. 1 of the non-ad valorem assessments for the Districts for the Fiscal Year Beginning October 1, 2023, and Ending September 30, 2024;

NOW, THEREFORE BE IT RESOLVED BY THE BOARD OF

DISTRICT NO. 10, AS FOLLOWS:

Section 1.	Consent to Levy and Collection of Non-Ad Valorem Assessments for Fiscal Year 2024. The Board hereby consents to the levy and collection by the Board of Supervisors of District No. 1 of the non-ad valorem assessments for the Districts for the Fiscal Year beginning October 1, 2023, and ending September 30, 2024.

Section 2.  Severability. If any section, paragraph, clause, or provision of this Resolution shall be held to be invalid or ineffective for any reason, the remainder of this Resolution shall continue in full force and effect, it being expressly hereby found and declared that the remainder of this Resolution would have been adopted despite the invalidity or ineffectiveness of such section, paragraph, clause, or provision.

Section 3.  Effective Date. This Resolution shall take effect immediately upon its adoption, and all provisions of any previous resolution in conflict with the provisions of this Resolution are hereby superseded.

ADOPTED by the Board of Supervisors of Southern Grove Community Development District No. 10 this 6th day of September, 2023.

SOUTHERN GROVE COMMUNITY DEVELOPMENT DISTRICT NO. 10

Chairman / Vice Chairman

ATTEST:

Secretary/ Assistant Secretary

SOUTHERN GROVE COMMUNITY DEVELOPMENT DISTRICT NO.’S 1-10
Keiser University – Port St. Lucie Campus 9400 SW Discovery Way
Port St. Lucie, FL 34987 OR
Join Zoom Meeting: https://us02web.zoom.us/j/3341025011
Meeting ID: 334 102 5011 REGULAR BOARD MEETING MINUTES
July 5th, 2023
10:30 a.m.

CALL TO ORDER

The Regular Board Meeting of the Southern Grove Community Development District No’s. 1-10 of July 5th, 2023, was called to order at 10:32 a.m. in the Keiser University – Port St. Lucie Campus located at 9400 SW Discovery Way, Port St. Lucie, Florida 34987.

PROOF OF PUBLICATION

Proof of publication was presented that showed notice of the Regular Board Meeting had been published in the St. Lucie News Tribune on May 26th, 2023, as legally required.

ESTABLISH A QUORUM

It was determined that the attendance of the following Supervisors constituted a quorum in District Nos. 1,2,3,4,5,&9, and it was in order to proceed with the meeting: There was no quorum in District Nos. 6,7,8,&10.

CDD #’s 1-10			
Chairman/ Supervisor	Frank Covelli: #1,2,3,5,9	Present	
Supervisor	Ricardo Mojica: #1,2,3,4,6,9	Present	
Supervisor / Vice Chair	Steven Dassa: #1,2,3,5,9	Absent	
Supervisor / Vice Chair	Tyler Gaffney: #1,2,5,9	Present	
Supervisor / Vice Chair	David Graham: #3,4,5,6,7,8,10	Via Zoom	
Supervisor	Stephen Okiye: #4,7,8,10	Present	
Supervisor	Tara Toto: #1,2,9	Absent	
Chairman/Supervisor	Jennifer Davis: #3,4,6,7,8,10	Absent	
Supervisor	Vacant: #7,8,10	-	
Supervisor	Jeff Greenwalt : #7,8,10	Absent	

Staff members in attendance were:

District Manager	B. Frank Sakuma, Jr.	Special District Services, Inc.	
Assistant District Manager	Jessica Wargo	Special District Services, Inc.	

Present via Zoom: District Manager: Andrew Karmeris with Special District Services, Inc. and District Engineer: Kelly Cranford with Culpepper and Terpening.

Also present were: Antonio Balestrieri with Mattamy Homes (See attached sign-in sheet)

ADDITIONS OR DELETIONS TO THE AGENDA

Staff requested (3) item under “New Business.”

(H-2/New Business) Proposal: Solitude Lake Management for below control (high water mark) for year-round maintenance of the lakes.

(H-3/New Business) WA #19-144-207; Tom Mackie Blvd / Marshall Blvd

(H-4/New Business) WA #19-144-208; East West 2

A Motion was made by CDD No. 1 Mr. Covelli, seconded by Mr. Gaffney and passed unanimously by CDD No. 1 to Approve the agenda as amended.

COMMENTS FROM THE PUBLIC

There were no comments from the public.

CONSENT ITEMS

Approval of June 7, 2023, Regular Board Meeting

Approve and Ratify 2022 Bond Requisition (No. 9); District No. 5 Special Assessment Bonds, Series 2022-1 (Community Infrastructure)

Approve and Ratify 2022 Bond Requisition (No. 10); District No. 5 Special Assessment Bonds, Series 2022-1 (Community Infrastructure)

Approve Treasure Coast Wildlife Trappers Quote #023-023

A Motion was made by CDD No. 1 Mr. Covelli, seconded by Mr. Gaffney and passed unanimously by CDD 1 to Approve all item(s) under Consent.

OLD BUSINESS

Approve and Ratify Resolution No. 2023-11; Adopting Proposed Budget FY: 23/24 and Setting Public Hearing Date to September 6th, 2023 (District Nos. 4,6,7,8&10)
No action from District Nos. 6,7,8 & 10 was taken at this time.

A Motion was made by CDD No. 4 Mr. Mojica, seconded by Mr. Graham and passed unanimously by CDD No. 4 to Adopt Resolution No. 2023-11 and Set a Public Hearing Date for September 6th, 2023.

NEW BUSINESS

Notice of Vacancy for Amy Eason and Consideration of Appointment - District Nos. 1 & 2 / Seat No. 2

After further discussion, it was noted that the vacancy should be for District Nos. 7,8,10 / Seat 5.

This item will be brought back to the next meeting.

Mr. Wooten is currently not a supervisor for any of the Districts.

Proposal from Solitude Lake Management for Below Control (High Water Mark) for Year-Round Maintenance of the Lakes

A recommendation was made by the Lake Banks Committee for Southern Grove CDD No. 1 to request a proposal from Solitude Lake Management.

A Motion was made by CDD No. 1 Mr. Covelli, seconded by Mr. Gaffney and passed unanimously by CDD No. 1 to Approve the requested proposal.

WA #19-144-207; Tom Mackie Blvd / Marshall Blvd

A Motion was made by CDD No. 1 Mr. Covelli, seconded by Mr. Gaffney and passed unanimously by CDD No. 1 to Approve WA #19-144-207.

WA #19-144-208; East West 2

A Motion was made by CDD No. 1 Mr. Covelli, seconded by Mr. Gaffney and passed unanimously by CDD No. 1 to Approve WA #19-144-208.

ADMINISTRATIVE MATTERS

Manager’s Report

Mr. Sakuma reminded the Supervisors to please file their Form 1 with the Supervisor of Elections Office.

Attorney’s Report

The Attorney offered no report.

Engineer’s Report

Ms. Cranford had nothing further to report.

Financial Report

Mr. Karmeris had nothing further to report.

Founder’s Report

The Founder offered no report.

BOARD MEMBER COMMENTS

There were no Board comments.

ADJORNMENT

There being no further business to come before the Boards, Mr. Covelli adjourned the meeting at 10:47a.m.

Secretary/Assistant Secretary	Chair/Vice-Chair

Print Signature	Print Signature

2022 ACQUISITION AND CONSTRUCTION ACCOUNT REQUISITION REQUISITION NO. 11	
SOUTHERN GROVE COMMUNITY DEVELOPMENT DISTRICT NO. 5

SPECIAL ASSESSMENT BONDS, SERIES 2022-1 (COMMUNITY INFRASTRUCTURE)
and
SPECIAL ASSESSMENT BONDS, SERIES 2022-2 (COMMUNITY INFRASTRUCTURE) (FEDERALLY TAXABLE)

The undersigned, a Responsible Officer of Southern Grove Community Development District No. 5 (the “Issuer”) hereby submits the following requisition for disbursement from the 2022 Acquisition and Construction Account created under and pursuant to the terms of the Master Trust Indenture from the Issuer to U.S. Bank Trust Company, National Association, as trustee (the “Trustee”), dated December 17, 2014, as supplemented by that certain Eighth Supplemental Indenture, dated as of December 1, 2022 (collectively, the “Indenture”), (all capitalized terms used herein shall have the meaning ascribed to such terms in this Indenture);

Requisition Number: 11

Name of Payee: Guettler Brothers Construction LLC

Amount Payable: $152,154.00

The undersigned hereby certifies that (check the applicable box in 1. below):

This requisition is for a Cost of the 2022-1 CI Project payable from the 2022-1 Acquisition and Construction Subaccount and does not include any Cost related to the TIM Project   X   

AND/OR

This requisition is for a Cost of the 2022-2 CI Project payable from the 2022-2 Acquisition and Construction Subaccount 	

AND

Each disbursement set forth above is a proper charge against the 2022-1 Acquisition and Construction Subaccount or the 2022-2 Acquisition and Construction Subaccount, as applicable.

[Include if applicable]

Each disbursement set forth above is made as payment of a portion of the purchase price for the 2022-1 CI Project or 2022-2 CI Project, as applicable, or repayment of advances for 2022- 2 CI Project, in either case, pursuant to a written agreement between the District and the other party named therein receiving payment and the undersigned represents that such agreement has not been modified or amended and is in full force and effect on the date hereof.

SOUTHERN GROVE COMMUNITY DEVELOPMENT DISTRICT NO. 5

By: 		 Responsible Officer

Date:	

The undersigned, an authorized representative of the Consulting Engineer to the Issuer, hereby certifies that this disbursement is for a Cost of the 2022-1 CI Project and/or 2022-2 CI Project, as applicable, and is consistent with: (i) the applicable acquisition or construction contract; (ii) the plans and specifications for the portion of the 2022-1 CI Project and/or 2022-2 CI Project, as applicable, with respect to which such disbursement is being made; and (iii) the Engineer’s Report as supplemented and amended through the date hereof.

The undersigned further certifies that (a) the improvements to be acquired with this disbursement will be (1) owned by the Issuer or another governmental entity and located on public property or within public rights of way or easements and (2) accessible by the general public and/or part of a public water management system; (b) the purchase price to be paid by the Issuer for the improvements to be acquired with this disbursement is no more than the lesser of (i) the fair market value of such improvements and (ii) the actual cost of construction of such improvements; (c) the plans and specifications for the improvements have been approved by all regulatory bodies required to approve them or such approval can reasonably be expected to be obtained; (d) all currently required approvals and permits for the acquisition, construction, reconstruction, installation and equipping of the portion of the 2022-1 CI Project and/or 2022-2 CI Project for which disbursement is made have been obtained from all applicable regulatory bodies; and (e) subject to permitted retainage under the applicable contracts, the seller has paid all contractors, subcontractors, and materialmen that have provided services or materials in connection with the portions of the 2022-1 CI Project and/or 2022-2 CI Project for which disbursement is made hereby, if acquisition or reimbursement is being made pursuant to an agreement.

[CONSULTING ENGINEER]

J.P. "Butch" Terpening

District Engineer

August 1, 2023

By: 	 Name: 	 Title: 	 Date:	

To:		Mattamy Palm Beach, LLC		PROJECT NAME Becker Road West - Phase 2 Extension	APPLICATION#:	7	Invoice#: 221400-07 1500 Gateway Boulevard Suite 200	AND LOCATION: Becker Road West of Tradition Pkwy
Boynton Beach, FL 33426	PERIOD THRU:	7/25/2023
PROJECT#:	221400	EMAILE
FROM: Guettler Brothers Construction LLC	DATE OF CONTRACT:	12/20/2022		Jul 27 2023	 Matt Guettler
4401 Whiteway Dairy Rd
Fort Pierce, FL 34947	
CONTRACTOR'S SUMMARY OF WORK
Application is made for payment as shown below. Continuation Page(s) is attached.
CONTRACT AMOUNT	$	6,057,117.50	
SUM OF ALL CHANGE ORDERS	$	
CURRENT CONTRACT AMOUNT	$	6,057,117.50	

TOTAL COMPLETED & STORED	$	2,831,975.67	

RETAINAGE:

10%	of Completed Work	 $	283,197.57 
0%	of Materials Stored	$
TOTAL RETAINAGE	$	283,197.57

TOTAL COMPLETED & STORED LESS RETAINAGE  $	2,548,778.10 
LESS PREVIOUS PAYMENT APPLICATIONS	 $	2,396,624.10 
8.	PAYMENT DUE	I$	152,154.00 I
9.	BALANCE TO COMPLETION	 $	3,508,339.40 	Contractor's signature below is his assurance to Owner, concerning the payment herein applied for, that: (1) the Work has been performed as required in the Contract Documents, (2) all sums previously paid to Contractor under the Contract have been used to pay Contractor's costs for labor, materials and other obligations under the Contract for Work previously paid for, and (3) Contractor is legally entitled to this payment.

CONTRACTOR:	Guettler Brothers Construction LLC

By:			I		Date:	7/27/2023
Benjamin Guettler
State of:	 Florida		'!-'!'&.	SffMOHM.MOMtS
* .:	Conwmeionllft2800Cf.
County of:  Saint Lucie	o,,..,o+-.	ExphlJIJy31,208'

Subscribed and sworn to before me this 27 day of July 2023

Notary Public:	Sharon M. Morris
My Commission Expires:	7/31/2026	X	
	ENGINEER'S CERTIFICATION
Engineer's signature below is his assurance to Owner, concerning the payment herein applied for, that: (1) Engineer has inspected the Work represented by this Application, (2) such Work has been completed to the extent indicated in this Application, and the quality of workmanship and materials conforms with the Contract Documents, (3) this Application for Payment accurately states the amount of Work completed and payment due therefor, and (4) Engineer knows of no reason why payment should not be made.
-	--.
CERTIFIED AMOUNT:	I	$	/S-2, /S-'I 0  0	!
(If the certified amount is different from the payment due, you should attach an explanation•.--In--it-ia-l--a-ll-t-h-e--f-ig-u--re-s--t-h-a-t--a-r-e-c-h-a-n--g-e-d--to--m--a-t-c-h--t-h-e-·
certified amount.)
Engineer:
By:	_..c,.c;,L  --!::..,_--1-	-;=4-:-..T.!-		Date:	
Neither this Ap	cation nor payment applied for herein is assignable or negotiable. Payment shall be made only to Contractor, and s without prejudice to any rights of Owner or Contractor under the Contract Documents or otherwise.	

 PAYMENT APPLICATION	

Page 1

67

 	

8,463.00

165,028.50	26%

68

Payment Application containing Contractor's signature is attached.

PROJECT: Becker Road West - Phase 2 Extension

07

Invoice Date:	7/25/23

CONTRACT AMOUNT

PREVIOUSLY COMPLETED

CURRENTLY COMPLETED

COMPLETED TO DATE

BALANCE TO COMPLETE

Item No.

FOOT Item No.

Owner Cost Code

Description

Qty	Unit

Price

Amount

Qty

Amount

Percent

Qty

Amount

Percent

Qty

Amount

Percent

Qty

Amount

A.

PROJECT ADMINISTRATION

1

101-lA

30010

MOBILIZATION/GENERAL CONDITIONS/BONDS/PERMIT FEES

0.25

4,482.72

2

101-18

30010

PRE-CONSTRUCTION VIDEO

1.00	LS

436.32

436.32

0.00

0.00

0%

0 00

0%

0 00

1.00

436.32  100%

3

102-1

30010

MAINTENANCE OF TRAFFIC

1.00	LS

6,130.33

6,130.33

0.75

4,597.75	75%

0 DO

0%

0.75

0.25

1,532.58	25%

4

30010

Survey & Asbuilts

1.00	LS

35,933.57

35,933.57

0.82

29,465.53	82%

0.00

0%

0.82

6,468.04	18%

SUBTOTAL

60,431.10

47,511.43

0.00

12,919.67

B.			
EROSION CONTROL		

1	
104-10-3	
30030	
SEDIMENT BARRIER	
17,560.00	
LF	
1.64	
28,798.40	
5,500.00	
9,020.00	
31%		
0.00	
0%	
5,500.00	
9,020.00	[}1%	
12,060.00	
19,778.40	
69%	

2	
104-11	
30030	
FLOATING TURBIDITY BARRIER	
200.00	LF	
10.91	
2,182.00	
0.00	
0.00	
0%		
0.00	
0%	
0 DO	
0 DO	0%	
200.00	2,182.00	100%	

3	
104-12	
30030	
STAKED TURBIDITY BARRIER	
0.00	LF	
0.00	
0 DO	
0.00	
0.00	
0%		
0.00	
0%	
0.00	
0 DO	
0%	
0.00	0.00	0%	

4	
104-15	
30030	
SOIL TRACKING PREVENTION DEVICE	
1.00	
EA	
14,050.77	
14,050.77	
0.00	
0 DO	
0%		
0.00	
0%	
0.00	
0.00	0%	
1.00	
14,050.77	100%	

5	
104-18	
30030	
INLET PROTECTION SYSTEM	
23.00	
EA	
81.81	
1,881.63	
0.00	
0.00	
0%		
0 DO	
0%	
0.00	
0 OD	0%	
23.00	1,881.63	100%	
			
SUBTOTAL				
46,912.80		
9,020.00			
0.00			
9,020.00			
37,892.80		

C.			
EARTHWORK		

1	
110-1	
30510	CLEARING & GRUBBING																	

2	
120-1	
30510	
REGULAR EXCAVATION	
4,160.00	CY	
7.44	
30,950.40	
4,160.00	
30,950.40	
100%		
0.00	
0%	
4,160.00			
0.00	
0.00	0%	

3	
120-3	
30510	
LATERAL DITCH EXCAVATION	
6,750.00	CY	
7.44	
50,220.00	
6,750.00	
50,220.00	
100%		
0.00	
0%	
6,750.00			
0.00	0.00	0%	

4	
120-6	
30510	
EMBANKMENT	
62,810 DO	CY	
5.80	
364,298.00	
50,910 00	
295,278.00	
81%	
6,900.00	
40,020.00	
11%	
57,810.00				
29,000.00	8%	
							
504,666.52		
435,646.52			
40,020.00						
29,000.00		

D.			
PAVING		
1	
160-4	
31030	
TYPE B STABILIZATION (12" THICK)		
2	
285-710	
31030	
OPTIONAL BASE, BASE GROUP 09 (LBR 100)(10" THICK)	
32,543.00	
SY	
19.50	
634,588.50	
24,080.00	
469,560.00	
74%	
0.00	
0%	
24,080.00	

SUBTOTAL

3,071,936.48

733,944.00

106,250.00

840,194.00

2,231,742.48

69

Payment Application containing Contractor's signature is attached.	PROJECT: Becker Road West - Phase 2 Extension	
07	
Invoice Date:	
7/25/23		

	CONTRACT AMOUNT	PREVIOUSLY COMPLETED	CURRENTLY COMPLETED	COMPLETED TO DATE	BALANCE TO COMPLETE	

Item No.	FOOT Item No.	Owner Cost Code	
Description	
Qty	
Unit	
Price	
Amount	
Qty	
Amount	
Percent	
Qty	
Amount	
Percent	
Qty	
Amount	
Percent	
Qty	
Amount	
ercent	

3	
327-70-1	
31030	
MILLING EXISTING ASPH PAVT, 1" AVG DEPTH	
1,118.00	SY	
12.00	
13,416.00	
0.00	
0.00	
0%		
0.00	0%	
0 00	
0.00	
0%	
1,118.00	
13,416.00	100%	

4	
334-1-13	
31030	
SUPERPAVE ASPHALTIC CONC. TRAFFICC (SP-12.5) (3" THICK)	
5,280.40	
TON	
173.44	
915,832.58	
0.00	
0.00	
0%		
0.00	
0%	
0 00	
0.00	
0%	
5,280.40	
915,832.58	
100%	

5	
337-7-82	
31050	
ASPHALTIC CONC. FC TRAFFIC C (SP-9.5) (1.5" THICK)	
2,640.30	
TON	
244.01	
644,259.60	
0.00	
0.00	
0%		
0 00	0%	
0.00	
0.00	
0%	
2,640.30	
644,259.60	100%	

6	
337-7-828	
31050	
SUPERPAVE ASPHALTIC CONC. TRAFFIC C (SP-9.5) (1" THICK OVERLAY)	
44.00	
TON	
244.01	
10,736.44	
0 00	
0.00	
0%		
0.00	0%	
0.00	
0 00	
0%	
44.00	
10,736.44	100%	
7	
520-1-10	
31045	CONCRETECURB & GUTTER, TYPE F	
9,950.00	LF	
15.00	
149,250.00	
8,768.00	
131,520.00	88%		
0 00	0%	
8,768.00	
131,520.00		
1,182.00	
17,730.00	12%	

8	
522-1	
31040	
CONCRETE SIDEWALK/PADS, 4" THICK	
11,793.00	SY	
42.50	
501,202.50	
0 00	
0.00	0%	
2,500.00	
106,250.00	21%	
2,500.00	
106,250.00		
9,293.00	
394,952.50	
79%	

9	
522-2	
31040	
CONCRETE DRIVEWAY, 6" THICK	
100.00	SY	
54.63	
5,463.00	
0 00	
0.00	
0%		
0 00	0%	
0.00	
0.00	
0%	
100.00	
5,463.00	100%	

10	
527-2	
31240	
DETECTABLE WARNINGS	
96.00	SF	
27.35	
2,625.60	
0 00	
0.00	
0%		
0.00	
0%	
0 00	
0.00	
0%	
96.00	
2,625.60	
100%	
11	570-1-1	
33210	PERFORMANCE TURF, SEED & MULCH	
24,440.00	SY	
0.62	
15,152.80	
0.00	
0.00	0%		
0.00	0%	
0 00	
0.00	0%	
24,440.00	
15,152.80	100%	
12	570-1-2A	
33210	
PERFORMANCE TURF, ST. AUGUSTINESOD (NO BID NO IRRIGATION)	
41,754.00	SY	
0.00	
0 00	
0 00	
0.00	0%		
0.00	0%	
0.00	
0.00	0%	
41,754.00	
0.00	0%	

13	
570-1-28	
33210	
PERFORMANCE TURF, BAHIA SOD	
16,738.00	SY	
2.17	
36,321.46	
4,000.00	
8,680.00	
24%		
0 00	
0%	
4,000.00	
8,680.00			
27,641.46	76%	

E.	
DRAINAGE		

1	
400-1-2	
31010	Endwall 48" & 36"	

1.00

14.00

4.00

12.00

5.00

280.00

641.00	

EA EA EA EA EA
LF

LF	

10,229.40

8,000.20

6,238.00

5,765.78

14,208.26

42.66

61.26	

10,229.40

112,002.80

24,952.00

69,189.36

71,041.30

11,944.80

39,267.66	

1.00

14.00

4.00

12.00

5.00

280.00

641.00	

10,229.40

112,002.80

24,952.00

69,189.36

71,041.30

11,944.80

39,267.66	

100%

100%

100%

100%

100%

100%

100%	

0.00

0.00

0 00

0.00

0.00

0.00

0 00	

0%

0%

0%

0%

0%

0%

0%	

1.00

14.00

4.00

12.00

5.00

280.00

641.00	

11,944.80

39,267.66	

	

0.00

0.00

0.00

0 00

0.00

0.00

0.00	

0.00

0.00

0 00

0 00

0 00

0.00

0.00	

0%

0%

0%

0%

0%

0%

0%	

2	
400-1-2	
31010	
Endwall 36"																

3	
425-1-361	
31010	
INLETS, CURB, TYPE P-6, < 10'																
4	
425-1-369	
31010	
INLETS, CURB, TYPE P-6, MODIFIED (REPLACE TOP)																

6	425-2-61	
31010	
MANHOLE P-8, <10'																
7	
425-2-91A	
31010	
MANHOLE J-8, <10'																
9	430-174-115	
31010	
PIPECULVERT, HPPP, ROUND, 15"																

10	430-174-118	
31010	
PIPE CULVERT, HPPP, ROUND, 18"																

11	
430-174-124	
31010	
PIPE CULVERT, HPPP, ROUND, 24"	
1,249.00	LF	
75.47	
94,262.03	
1,249.00	
94,262.03	100%	
0.00	0%	
1,249.00	
94,262.03	100%	
0.00	
0.00	0%	
12	430-174-130	31010	
PIPE CULVERT, HPPP, ROUND, 30"	
496.00	LF	
123.00	
61,008.00	
496.00	
61,008.00	100%	
0.00	0%	
496.00	
61,008.00	100%	
0.00	
0 00	0%	
13	430-174-136	31010	
PIPE CULVERT, HPPP, ROUND, 36"	
941.00	LF	
143.63	
135,155.83	
941.00	
135,155.83	100%	
0 00	0%	
941.00	
135,155.83	100%	
0.00	
0.00	0%	

70

07

Payment Application containing Contractor's signature is attached.	PROJECT: Becker Road West - Phase 2 Extension	Invoice Date:	7/25/23

CONTRACT AMOUNT

PREVIOUSLY COMPLETED

CURRENTLY COMPLETED

COMPLETED TO DATE

Item No.

FDOT Item No.

Owner Cost Code

Description

Qty

Unit

Price

Amount

Qty

Percent

Qty

Percent

Qty

Amount	Percent

Qty

ercent

31010

PIPE CULVERT, HPPP, ROUND, 42"

60.00	LF

166.28

9,976.80

60.00

100%

0%

60.00

9,976.80	100%

0 00

0%

PIPE CULVERT, HPPP, ROUND, 48"

38.00	LF

227.62

8,649.56

38.00

100%

0%

38.00

8,649.56	100%

0 00

0%

EDGEDRAIN DRAINCRETE, STANDARD

19,580.00

LF

22.79

446,228.20

0.00

0%

1,000.00

5%

1,000 00

22.790.00 1

5%

18,580.00

95%

19

530-3-5

31010

120.00	CY

122.15

14,658.00	120.00

100%

0%

120.00

14,658.00

0%

SUBTOTAL

1,127,080.94

680,852.74

22,790.00

703,642.74

423,438.20

RIP-RAP RUBBLE, DITCH LINING

31010

446-1-1

18

31010

430-174-148

15

430-174-142

14

BALANCE TO COMPLETE

Amount

0.00

0.00

423,438.20

0 00

Amount

0.00

0.00

22,790.00

0.00

Amount

9,976.80

8,649.56

0.00

14,658.00

F.

SIGNING & PAVEMENT MARKING

1

102-71-16

31240

TEMPORARY BARRIER, F&I, FREE STAND WATER FILLED

380.00	LF

104.45

39,691 00

0.00

0.00	0%

0 00	0%

0 00

0 00	0%

380.00

39,691.00	100%

2

700-1-llA

31240

SINGLE POST SIGN, F&I GM,< 12 SF (Rl-1 STOP)

1.00	EA

481.30

481.30

0.00

0.00	0%

0.00	0%

0.00

0.00	0%

1.00

481.30	100%

3

700-1-118

31240

SINGLE POST SIGN, F&I GM,< 12 SF (R2-1 SPEED LIMIT)

9.00	EA

53.48

481.32

0.00

0 00	0%

0 00	0%

0 00

0 00	0%

9.00

481.32	100%

4

700-1-llC

31240

SINGLE POST SIGN, F&I GM,< 12 SF (OMl-1 YELLOW 9 BUTTON)

22.00	EA

322.69

7,099.18

0.00

0 00	0%

0 00	0%

0 00

0 00	0%

22.00

7,099.18	100%

5

700-1-llD

31240

SINGLE POST SIGN, F&I GM,< 12 SF (LEFT LANE ENDS)

2.00

EA

240.65

481.30

0 00

0.00	0%

0.00	0%

0 00

0.00	0%

2.00

481.30	100%

6

700-1-llE

31240

SINGLE POST SIGN, F&I GM,< 12 SF (MERGE RIGHT)

1.00

EA

481.30

481.30

0.00

0.00	0%

0.00	0%

0 00

0.00	0%

1.00

481.30	100%

7

700-1-llE

31240

SINGLE POST SIGN, F&I GM,< 12 SF (LEFT TURN)

2.00

EA

240.65

481.30

0.00

0.00	0%

0.00	0%

0.00

0.00	0%

2.00

481.30	100%

8

700-1-llF

31240

SINGLE POST SIGN, F&I GM,< 12 SF (U TURN ONLY)

2.00

EA

240.65

481.30

0.00

0 00	0%

0.00	0%

0.00

0 00	0%

2.00

481.30	100%

9

700-1-60

31240

SINGLE POST SIGN, REMOVE

13.00

EA

2.10

27.30

0.00

0.00	0%

0.00	0%

0.00

0 00	0%

13.00

27.30	100%

10

706-3

31240

RETRO-REFLECTIVE/RAISED PAVEMENT MARKERS

852.00

EA

4.92

4,191.84

0 00

0.00

0%

0 00	0%

0.00

0.00	0%

852.00

4,191.84	100%

11

711-11-121

31240

THERMOPLASTIC, STANDARD, WHITE, SOLID, 6"

10,280.00

LF

2.19

22,513.20

0 00

0 00	0%

0 00	0%

0.00

0.00	0%

10,280.00

22,513.20	100%

12

711-11-123

31240

THERMOPLASTIC, STANDARD, WHITE, SOLID, 12"

935.00

LF

1.64

1,533.40

0 00

0 00	0%

0 00	0%

0.00

0 00	0%

935.00

1,533.40	100%

13

711-11-125

31240

THERMOPLASTIC, STANDARD, WHITE, SOLID, 24"

1,092.00

LF

3.28

3,581.76

0 00

0.00	0%

0.00	0%

0 00

0.00

0%

1,092.00

3,581.76	100%

14

711-11-140A

31240

THERMOPLASTIC, STANDARD, WHITE, SKIP, 6" (10' - 30')

840.00

LF

0.93

781.20

0.00

0.00	0%

0.00	0%

0 00

0.00

0%

840.00

781.20	100%

15

711-11-160A

31240

THERMOPLASTIC, STANDARD, WHITE, MERGE MESSAGE

2.00

EA

164.08

328.16

0.00

0.00	0%

0 00	0%

0 00

0.00

0%

2.00

328.16	100%

16

711-11-160B

31240

THERMOPLASTIC, STANDARD, WHITE, STOP MESSAGE

1.00

EA

164.08

164.08

0.00

0.00	0%

0 00	0%

0.00

0 00	0%

1.00

164.08	100%

17

711-11-170A

31240

THERMOPLASTIC, STANDARD, WHITE, ARROW

1000

EA

164.08

1,640.80

0.00

0.00	0%

0 00	0%

0.00

0 00	0%

10 00

1,640.80	100%

18

711-11-221

31240

THERMOPLASTIC, STANDARD, YELLOW, SOLID, 6"

11,040.00

LF

2.19

24,177.60

0.00

0.00	0%

0 00	0%

0 00

0 00	0%

11,040.00

24,177.60	100%

H.

UTILITY EXTENSIONS

1

633-112

31010

FIBER OPTIC CABLE (F&I) 96 STRAND

3,450.00

LF

6.56

22,632.00

0 00

0.00	0%

0 00	0%

0.00

2

715-2-115

31010

2" CONDUIT (F&I) (UNDERGRD, PVC SCHEDULE 40)

11,750.00

LF

10.85

127,487.50

0 00

0.00	0%

0 00	0%

0.00

3

635-2-11

31010

PULL & SPLICE BOX (F&I) 13" x 24" COVER

8.00

EA

1,248.10

9,984.80

0 00

0.00	0%

0 00	0%

0 00

4

1050-31206A

31020

UTILITY PIPE,PVC, F&I, 6" WATER MAIN

298.00

LF

39.38

11,735.24	298.00

11,735.24	100%

0 00	0%

298.00

5

1050-31206B

31010

UTILITY PIPE,PVC, F&I, 6" FORCE MAIN

143.00

LF

39.38

5,631.34	143.00

5,631.34	100%

0 00	0%

143.00

6

1050-31208

31020

UTILITY PIPE,PVC, F&I, 8" WATER MAIN

454.00

LF

55.79

25,328.66	300.00

16,737.00	66%

0.00	0%

300.00

7

1050-31212A

31020

UTILITY PIPE,PVC, F&I, 12" WATER MAIN

3,540.00

LF

94.07

333,007.80  2,809.00

264,242.63	79%

0 00	0%

2,809.00

8

1050-31212B

31010

UTILITY PIPE,PVC, F&I, 12" FORCE MAIN

3,450.00

LF

94.07

324,541.50  2,809.00

264,242.63	81%

0 00	0%

2,809.00

71

Payment Application containing Contractor's signature is attached.	PROJECT: Becker Road West - Phase 2 Extension	
07	
Invoice Date:	
7/25/23		

	CONTRACT AMOUNT	PREVIOUSLY COMPLETED	CURRENTLY COMPLETED	COMPLETED TO DATE	BALANCE TO COMPLETE	

Item No.	FOOT Item No.	Owner Cost Code	
Description	
Qty	
Unit	
Price	
Amount	
Qty	Amount	Percent	
Qty	Amount	Percent	
Qty	Amount	Percent	
Qty	Amount	ercent	

19	
711-11-224	
31240	
THERMOPLASTIC, STANDARD, YELLOW, SOLID, 18"	
670.00	
LF	
0.38	
254.60	
0.00	
0.00	0%	
0.00	0%	
0.00	
0.00	
0%	
670.00	
254.60	
100%	

20	
711-11-241	
31240	
THERMOPLASTIC, STANDARD, YELLOW, DOT/GUIDE, 6"	
728.00	
LF	
3.28	
2,387.84	
0.00	
0.00	0%	
0 00	
0%	
0 00	
0 00			
2,387.84	
100%	

0.00

0.00

0.00

111,259.78

SUBTOTAL		111,259.78

G.

STREET LIGHTING

715-1-113

CONDUCTOR (F&I) (INSULATED) (NO. 6)

0 00

LF

2.50

0 00

0%

0%

0 00

0%

0.00

0%

2

715-1-113A

CONDUCTOR (F&I) (INSULATED) (NO.6G)

0 00

LF

2.50

0 00

0%

0%

0.00

0%

0.00

0%

3

715-2-115

2" CONDUIT (F&I) (UNDERGRD, PVC SCHEDULE 40)

0.00

LF

4.50

0 00

0%

0%

0.00

0%

0 00

0%

4

715-7-11

LOAD CENTER (F&I) (SECONDARY VOLTAGE)

0 00

EA

10,500.00

0.00

0%

0%

0.00

0%

0.00

0%

5

635-2-11

PULL & SPLICE BOX (F&I) 13" x 24" COVER

0 00

EA

200.00

0.00

0%

0%

0.00

0%

0.00

0%

6

715-516-115

LIGHTING POLE COMPLETE (F&I) POLE TOP MNT, 15'

0 00

EA

6,500.00

0.00

0%

0%

0.00

0%

0 00

0%

7

CONSTRUCTION LAYOUT AND AS-BUILT SURVEY

0 00

LS

0 00

0.00

0%

0%

0.00

0%

0.00

0%

8

ALL REQUIRED TESTING (INCLUDING BACKFILL DENSITIES)

0 00

LS

0.00

0.00

0%

0%

0.00

0%

0.00

0%

0

STREET LIGHTING SUBTOTAL

0 00

0

0 00

0.00

0%

0%

0.00

0%

SUBTOTAL

0.00

0.00

0.00

0.00

0.00

0 00

0 00

0 00

0 00

0 00

0 00

0.00

0 00

0.00

0.00

0 00

0.00

0.00

0.00

0.00

0.00

0.00

0 00

0 00

0.00

0 00

0 00

0 00

0 00

0 00

0 00

0 00

0 00

0.00

0 00

0 00

0.00

0 00

0 00

0 00

0.00

0.00

0.00

0 00

0.00

0.00

0.00

0.00

0.00

0 00	
0%	
3,450.00	
22,632.00	
100%	

0.00	0%	
11,750.00	
127,487.50	
100%	
		8.00	9,984.80	100%	
		
0.00	
0 00	0%	
		
0.00	
0 00	0%	
		154.00	8,591.66	34%	
		
731.00	
68,765.17	
21%	
		
641.00	
60,298.87	
19%	

72

Payment Application containing Contractor's signature is attached.	PROJECT: Becker Road West - Phase 2 Extension	
07	
Invoice Date:	
7/25/23		

	CONTRACT AMOUNT	PREVIOUSLY COMPLETED	CURRENTLY COMPLETED	COMPLETED TO DATE	BALANCE TO COMPLETE	

Item No.	
FDOT Item No.	
Owner Cost Code	
Description	
Qty	
Unit	
Price	
Amount	
Qty	
Amount	
Percent	
Qty	
Amount	
Percent	
Qty	
Amount	
Percent	
Qty	
Amount	
ercent	

9	
1055-31112	
31020	
UTILITY FITTINGS FOR PVC PIPE	
2.00	
TON	
3,255.35	
6,510.70	
1.50	
4,883.03	
75%		
0.00	
0%	
1.50	
4,883.03		
0.50	
1,627.68	
25%	

10	
1055-31512	
31020	
UTILITY FITTINGS FOR PVC PIPE, CAP, 12" (RESTRAINED)	
2.00	
EA	
5,611.55	
11,223.10	
2.00	
11,223.10	
100%		
0 00	
0%	
2.00	
11,223.10		
0.00	
0.00	
0%	

11	
1080-24112A	
31020	
UTILITY FIXTURE -VALVE ASSEMBLY, F&I, 6" WATER MAIN	
7.00	
EA	
2,723.73	
19,066.11	
7.00	
19,066.11	
100%		
0.00	
0%	
7.00	
19,066.11		
0.00	
0.00	
0%	

12	
1080-24112B	
31010	
UTILITY FIXTURE - VALVE ASSEMBLY, F&I, 6" FORCE MAIN	
1.00	
EA	
495.52	
495.52	
0 00	
0 00	
0%		
0.00	
0%	
0 00	
0.00		
1.00	
495.52	
100%	

13	
1080-24112C	
31020	
UTILITY FIXTURE -VALVE ASSEMBLY, F&I, 8" WATER MAIN	
6.00	
EA	
6,583.99	
39,503.94	
4.00	
26,335.96	
67%		
0.00	
0%	
4.00	
26,335.96		
2.00	
13,167.98	
33%	

14	
1080-241120	
31020	
UTILITY FIXTURE -VALVE ASSEMBLY, F&I, 12" WATER MAIN	
9.00	
EA	
6,156.29	
55,406.61	
8.00	
49,250.32	
89%		
0 00	
0%	
8.00	
49,250.32		
1.00	
6,156.29	
11%	

15	
1080-24112E	
31010	
UTILITY FIXTURE - VALVE ASSEMBLY, F&I, 12" FORCE MAIN	
3.00	
EA	
28,984.23	
86,952.69	
2.00	
57,968.46	
67%		
0.00	
0%	
2.00	
57,968.46		
1.00	
28,984.23	
33%	

16	
1080-24150	
31010	
UTILITY FIXTURE - VALVE ASSEMBLY, F&I, BLOW OFF	
3.00	
EA	
2,612.16	
7,836.48	
0.00	
0.00	
0%		
0.00	
0%	
0.00	
0.00	
0%	
3.00	
7,836.48	
100%	

17	
1080-32112A	
31020	
UTILITY FIXTURE - SAMPLE POINT	
8.00	
EA	
495.52	
3,964.16	
0 00	
0 00	
0%		
0.00	
0%	
0.00	
0.00	
0%	
8.00	
3,964.16	
100%	

18	
1080-32112B	
31020	
UTILITY FIXTURE - JUMPER	
1.00	
EA	
6,583.99	
6,583.99	
0.00	
0.00	
0%		
0.00	
0%	
0.00	
0.00	
0%	
1.00	
6,583.99	
100%	

19	
1644-112-6	
31020	
FIRE HYDRANT ASSEMBLY	
6.00	
EA	
6,156.29	
36,937.74	
4.00	
24,625.16	
67%		
0.00	
0%	
4.00				
12,312.58		

SUBTOTAL				
1,134,829.88			
	755,940.98			
	0.00			
 			
	378,888.91		

ORIGINAL CONTRACT TOTAL

6,057,117.50

3,225,141.83

2,662,915.67	169,060.00	2,831,975.67

TOTAL WORK COMPLETED

6,057,117.50

2,662,915.67

0.00

2,831,975.67

3,225,141.83

COST CODE SUMMARY
TO:	Mattamy Palm Beach, LLC
1500 Gateway Boulevard Suite 200 Boynton Beach, FL 33426	PROJECT NAME Becker Road West - Phase 2 Extension AND LOCATION: Becker Road West ofTradition Pkwy	APPLICATION#:

PERIOD THRU:	7

7/25/2023	Invoice#: 221400-07	
		PROJECT#: 221400				
FROM:	Guettler Brothers Construction LLC		DATE OF CONTRACT:	12/20/2022		
	4401 Whiteway Dairy Rd					
	Fort Pierce, FL 34947					

OWNER'S COST CODE SUMMARY - WORK COMPLETED

Contract

Previously Completed	Completed this Invoice	Completed to Date	Remaining on Contract	Retainage

No.	Cost Code	Description	Amount	Amount	Percent	Amount	Percent	Amount	Percent	Amount	Percent	Percent	Amount	
	30010		60,431.10	47,511.43	79%	0.00	0%	47,511.43	LzQ%J	12,919.67	21%	10%	4,751.14	
	30030		46,912.80	9,020.00	19%	0.00	0%	9,020.00	I 19%	37,892.80	81%	10%	902.00	
	30510		504,666.52	435,646.52	86%	40,020.00	8%	475,666.52	W-1t%--=	.J	29,000.00	6%	10%	47,566.65	
	31010		1,712,642.77	1,008,695.17	59%	22,790.00	1%	1,031,485.17		681,157.60	40%	10%	103,148.52	
	31020		549,268.05	428,098.55	78%	0.00	0%	428,o98.s5 I	7R9id	121,169.51	22%	10%	$  42,809.85	
	31030		1,706,925.08	593,744.00	35%	0.00	0%	593,744.00	Os%	1,113,181.08	65%	10%	$  59,374.40	
	31040		506,665.50	0.00	0%	106,250.00	21%	106,250.00	I 21%	400,415.50	79%	10%	$  10,625.00	
	31045		149,250.00	131,520.00	88%	0.00	0%	131,520.00	ua J	17,730.00	12%	10%	$  13,152.00	
	31050		654,996.04	0.00	0%	0.00	0%	0.00	0%	654,996.04	100%	10%	$	-	
	31240		113,885.38	0.00	0%	0.00	0%	0.00	0%	113,885.38	100%	10%	$	-	
	33210		51,474.26	8,680.00	17%	0.00	0%	8,680.00	II 17%	42,794.26	83%	10%	$	868.00	
Original Contract Total		6,057,117.50	2,662,915.67	44%	169,060.00	3%	2,831,975.67	47%	3,225,141.83	53%		283,197.57	

73

APPROVED CHANGE ORDERS:		
No.	Cost Code	Description	Amount	Amount	Percent	Amount	Percent	Amount	Percent	Amount	Percent	Percent	Amount	
												10%		
Total Approved Change Orders		0.00	0.00	0%	0.00	0%	0.00	0%	0.00			0.00	

CURRENT CONTRACT TOTAL	6,057,117.50	2,662,915.67	44%	169,060.00	3%	2,831,975.67	47%	3,225,141.83	53%	283,197.57

Becker Road Phase 2 Pay App #7 07-25-23	Cost Code Summary, Page 7 of 7

2022 ACQUISITION AND CONSTRUCTION ACCOUNT REQUISITION REQUISITION NO. 12	
SOUTHERN GROVE COMMUNITY DEVELOPMENT DISTRICT NO. 5

SPECIAL ASSESSMENT BONDS, SERIES 2022-1 (COMMUNITY INFRASTRUCTURE)
and
SPECIAL ASSESSMENT BONDS, SERIES 2022-2 (COMMUNITY INFRASTRUCTURE) (FEDERALLY TAXABLE)

The undersigned, a Responsible Officer of Southern Grove Community Development District No. 5 (the “Issuer”) hereby submits the following requisition for disbursement from the 2022 Acquisition and Construction Account created under and pursuant to the terms of the Master Trust Indenture from the Issuer to U.S. Bank Trust Company, National Association, as trustee (the “Trustee”), dated December 17, 2014, as supplemented by that certain Eighth Supplemental Indenture, dated as of December 1, 2022 (collectively, the “Indenture”), (all capitalized terms used herein shall have the meaning ascribed to such terms in this Indenture);

Requisition Number: 12

Name of Payee: Guettler Brothers Construction LLC

Amount Payable: $154,081.48

The undersigned hereby certifies that (check the applicable box in 1. below):

This requisition is for a Cost of the 2022-1 CI Project payable from the 2022-1 Acquisition and Construction Subaccount and does not include any Cost related to the TIM Project   X   

AND/OR

This requisition is for a Cost of the 2022-2 CI Project payable from the 2022-2 Acquisition and Construction Subaccount 	

AND

Each disbursement set forth above is a proper charge against the 2022-1 Acquisition and Construction Subaccount or the 2022-2 Acquisition and Construction Subaccount, as applicable.

[Include if applicable]

Each disbursement set forth above is made as payment of a portion of the purchase price for the 2022-1 CI Project or 2022-2 CI Project, as applicable, or repayment of advances for 2022- 2 CI Project, in either case, pursuant to a written agreement between the District and the other party named therein receiving payment and the undersigned represents that such agreement has not been modified or amended and is in full force and effect on the date hereof.

SOUTHERN GROVE COMMUNITY DEVELOPMENT DISTRICT NO. 5

By: 		 Responsible Officer

Date:	

The undersigned, an authorized representative of the Consulting Engineer to the Issuer, hereby certifies that this disbursement is for a Cost of the 2022-1 CI Project and/or 2022-2 CI Project, as applicable, and is consistent with: (i) the applicable acquisition or construction contract; (ii) the plans and specifications for the portion of the 2022-1 CI Project and/or 2022-2 CI Project, as applicable, with respect to which such disbursement is being made; and (iii) the Engineer’s Report as supplemented and amended through the date hereof.

The undersigned further certifies that (a) the improvements to be acquired with this disbursement will be (1) owned by the Issuer or another governmental entity and located on public property or within public rights of way or easements and (2) accessible by the general public and/or part of a public water management system; (b) the purchase price to be paid by the Issuer for the improvements to be acquired with this disbursement is no more than the lesser of (i) the fair market value of such improvements and (ii) the actual cost of construction of such improvements; (c) the plans and specifications for the improvements have been approved by all regulatory bodies required to approve them or such approval can reasonably be expected to be obtained; (d) all currently required approvals and permits for the acquisition, construction, reconstruction, installation and equipping of the portion of the 2022-1 CI Project and/or 2022-2 CI Project for which disbursement is made have been obtained from all applicable regulatory bodies; and (e) subject to permitted retainage under the applicable contracts, the seller has paid all contractors, subcontractors, and materialmen that have provided services or materials in connection with the portions of the 2022-1 CI Project and/or 2022-2 CI Project for which disbursement is made hereby, if acquisition or reimbursement is being made pursuant to an agreement.

[CONSULTING ENGINEER]

By: 	 Name: 	 Title: 	 Date:	

i•-..t,.,..AIA
Change Order

Document G701® - 2017

PROJECT: (Name and address)
Becker West Phase 2 Ext. Port St Lucie FL

OWNER: (Name and address) Maltamy of Palm Beach LLC or its Assigns
2500 Quantum Lakes Drive, Suite 215 Boynton Beach, FL 33426

CONTRACT INFORMATION:
Contract For: Civil Construction Date: December 20, 2022

ARCHITECT: (Name and address)
Culpepper and Terpening Inc. 2980 South 25th Street
Fort Pierce, FL 34981

CHANGE ORDER INFORMATION:
Change Order Number: 001 Date: 05/19/2023

CONTRACTOR: (Name and addl'ess)
Ouettler Brothers Construction, LLC

4401 Whiteway Dairy Rd Fort Pierce, FL 34947

THE CONTRACT IS CHANGED AS FOLLOWS:
(Insert a detailed description of the change and, if applicable, attach or reference specific exhibits. Also include agreed upon adjustments attributable to execrited Construction Change Directives.)

The original Contract Sum was	$	6,057,117.50	
The net change by previously authorized Change Orders	$ 	0.00	
The Contract Sum prior to this Change Order was	$	6,057,117.50	
The Contract Sum will be increased by this Change Order in the amount of	$	154,081.48	
The new Contract Sum including this Change Order will be	$	6,211,198.98_	
The Contract Time will be increased by Zero (0) days. The new date of Substantial Completion will be		

NOTE: This Change Order does not include adjustments to the Contract Sum or Guaranteed Maximum Price, or the Contr;1ct Time, that have been authorized by Construction Change Directive until the cost and time have been agreed upon by both the Owner and Contractor, in which case a Change Order is executed to supersede the Construction Change Directive.

NOT VALID UNTIL SIGNED BY THE ARCHITECT, CONTRACTOR AND OWNER.

Culpepper and Terpening Inc.	Guettler Brothers Construction, LLC

ARCHITECT (Firm name)

Mattamy of Palm Beach LLC or its Assigns	 OWNER (Firm name)

 	

SIGNATURE
Marcelo Dimitriou, Director of

SIGNATURE
Benjamin Guettler, Manager

SIGNATURE
Tony Palumbo, Manager

Construction Services	

	I			

PRINTED NAME AND TITLE	PRINTED NAME AND TITLE	PRINTED NAME AND TITLE
  1 l:1-ik	 	
DATE	DATE  ...- 1	DATE

AIA Document G701 -2017. Copyright© 1979, 1987, 2000, 2001 and 2017. All rights reserved. "The American Institute of Architects," "American Institute of Architects." "AIA," the AIA Logo, and 'AIA Contract Documents• are trademarks of The American Institute of Architects. This document was produced at 11:41:OO	1 ET on 07/27/2023 under Order No.2114400324 which expires on 01/18/2024, is not for resale, is licensed for one-time use only, and may only be used In
accordance with the AIA Contract Documents., Terms of Service. To report copyright violations, e-mail dooinfo@alaconlracls.com.
User Notes:	(3B97A6DA2F)

Item #

Contract Amount

$ 6,057,117.50

CO#1	$	154,081.48	
$	-	
$	-	
CO#2	$	-	
CO#3	$	-	
CO#4	$	-		
$ 6,211,198.98

Item # 1.1
1.2
1.3
1.4

NOTES:

Change Order #2

CO#4 Subtotal $

-

Change Order #3

CO#5 Subtotal $

-

Change Order #4

CO#5 Subtotal $

-

Change Order #5

CO#5 Subtotal $

-

CO#3 Subtotal $	-

CO#2 Subtotal $	-

Change Order #1
Existing Drainage Structure Modifications 4 Ea @$4157	4
Conduit Crossings (See Attached Sheet) Added Striping On Existing Pavement
Hauling Import Fill (Final Qty Verified with Haul Tickets)	25000	
EA	$4,157.00
See Attached See Attached
CY	$	1.70	
$16,628.00
$90,832.60
$4,120.88
$42,500.00	
CO#1 Subtotal	$154,081.48	

See Email from 2/15/23 See Conduit Tab for Detail

77

Change Order 1	
Item #1.1	

OPTION #1 PER EACH		-			
Wellpoint around Existing Box	EA	4	$800.00	$3,200.00	
Remove Box and Relocate Box approx 16"	EA	4	$2,000.00	$8,000.00	
Cut/Remove Ex.pipe from Box	EA	4	$450.00	$1,800.00	
Install new pipe into Box	EA	4	$507.00	$2,028.00	
Backfill & Compact	EA	4	$400.00	$1,600.00	

Item 1.1 Total	$16,628.00	

Change Order #1	
Item 1.2	

-			
-			
-			
320	$6.00	$1,920.00	
-			
-			
1,660	$6.00	$9,960.00	

Conduits

Blue Stream		
2" SCH40 (Blue Stream Supplied Material)	LF	
FPL Condiut (FPL Supplied Material)		
2" SCH40 Labor ONLY	LF	

Added Fiber Optic (Nex to Existing)	
2" SCH 40	LF	2,808	$11.00	$30,888.00	
Pull String	LF	2,808	0.05	$140.40	
2" Swpees	EA	2	$55.00	$110.00	

Irrigation		-			
2" CL200	LF	122	$7.71	$940.62	
3" CL200	LF	860	$10.48	$9,012.80	
4" CL200	LF	700	$13.72	$9,604.00	
8" CL200	LF	520	$35.33	$18,371.60	
		-			
		-			
Locator Balls	EA	62	$22.12	$1,371.44	
Caps	EA	62		$0.00	
2"	EA	6	$3.07	$18.42	
3"	EA	24	$5.75	$138.00	
4"	Ea	22	$10.56	$232.32	
8"	EA	10	$55.50	$555.00	
		-			
Misc. Glue/Cleaner etc	LS	1	$685.00	$685.00	
Additonal Road Rock full depth	LS	1	$1,895.00	$1,895.00	
Survey	LS	1	$2,375.00	$2,375.00	
Asbuilts	LS	1	$1,865.00	$1,865.00	
Mobilization	LS	1	$750.00	$750.00	

Item 1.2 Total	$90,832.60	

Change Order 1	
Item 1.3	
Striping	

Subtotal	$ 3,746.25	
10% Mark-Up	$  374.63	
Item 1.3 Total	$ 4,120.88	

WHEREAS, the Southern Grove Community Development District 7 (the “District”), is a local unit of special-purpose government created and existing pursuant to Chapter 190, Florida Statues, being situated entirely within the St. Lucie County, Florida; and
WHEREAS, the initial supervisors have taken and subscribed to the oath of office per F.S.
190.006(4); and
WHEREAS, the Board of Supervisors (hereinafter the “Board”) now desires to organize by designating the Officers of the District per F.S. 190.006(6).

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF SOUTHERN GROVE COMMUNITY DEVELOPMENT DISTRICT NO. 7:
The following persons are elected to the offices shown, to wit: Jennifer Davis	Chairperson
David Graham	Vice-Chairperson
B. Frank Sakuma, Jr.	Secretary/Treasurer
Stephen Okiye	Assistant Secretary
Elijah Wooten	Assistant Secretary
Jeff Greenwalt	Assistant Secretary
This Resolution shall become effective immediately upon its adoption.

PASSED AND ADOPTED THIS 6th DAY OF SEPTEMBER, 2023.

ATTEST:	SOUTHERN GROVE COMMUNITY DEVELOPMENT DISTRICT 7

WHEREAS, the Southern Grove Community Development District 8 (the “District”), is a local unit of special-purpose government created and existing pursuant to Chapter 190, Florida Statues, being situated entirely within the St. Lucie County, Florida; and
WHEREAS, the initial supervisors have taken and subscribed to the oath of office per F.S.
190.006(4); and
WHEREAS, the Board of Supervisors (hereinafter the “Board”) now desires to organize by designating the Officers of the District per F.S. 190.006(6).

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF SOUTHERN GROVE COMMUNITY DEVELOPMENT DISTRICT NO. 8:
The following persons are elected to the offices shown, to wit: Jennifer Davis	Chairperson
David Graham	Vice-Chairperson
B. Frank Sakuma, Jr.	Secretary/Treasurer
Stephen Okiye	Assistant Secretary
Elijah Wooten	Assistant Secretary
Jeff Greenwalt	Assistant Secretary
This Resolution shall become effective immediately upon its adoption.

PASSED AND ADOPTED THIS 6th DAY OF SEPTEMBER 2023.

ATTEST:	SOUTHERN GROVE COMMUNITY DEVELOPMENT DISTRICT 8

WHEREAS, the Southern Grove Community Development District 10 (the “District”), is a local unit of special-purpose government created and existing pursuant to Chapter 1100, Florida Statues, being situated entirely within the St. Lucie County, Florida; and
WHEREAS, the initial supervisors have taken and subscribed to the oath of office per F.S.
1100.006(4); and
WHEREAS, the Board of Supervisors (hereinafter the “Board”) now desires to organize by designating the Officers of the District per F.S. 1100.006(6).

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF SOUTHERN GROVE COMMUNITY DEVELOPMENT DISTRICT NO. 10:
The following persons are elected to the offices shown, to wit: Jennifer Davis	Chairperson
David Graham	Vice-Chairperson
B. Frank Sakuma, Jr.	Secretary/Treasurer
Stephen Okiye	Assistant Secretary
Elijah Wooten	Assistant Secretary
Jeff Greenwalt	Assistant Secretary
This Resolution shall become effective immediately upon its adoption.

PASSED AND ADOPTED THIS 6th DAY OF SEPTEMBER 2023.

ATTEST:	SOUTHERN GROVE COMMUNITY DEVELOPMENT DISTRICT 10

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE SOUTHERN GROVE COMMUNITY DEVELOPMENT DISTRICT NO’S. 1-10 ADOPTING THE ANNUAL MEETING SCHEDULE FOR FISCAL YEAR 2023-2024

WHEREAS, the Southern Grove Community Development District No’s. 1-10 (the “Districts”), are a local unit of special-purpose government created and existing pursuant to Chapter 190, Florida Statues, being situated entirely within the St. Lucie County, Florida; and
WHEREAS, the Districts are required by Florida law to prepare an annual schedule of their regular public meetings which designates the date, time and location of the District’s meetings; and
WHEREAS, the Board has proposed the Fiscal Year 2023-2024 annual meeting schedule as attached in Exhibit A;

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF SOUTHERN GROVE COMMUNITY DEVELOPMENT DISTRICT NO’S. 1-10:

The Fiscal Year 2023-2024 annual public meeting schedule attached hereto and incorporated by reference herein as Exhibit A in hereby approved and will be published in accordance with the requirements of Florida law.

This Resolution shall become effective immediately upon its adoption.

PASSED AND ADOPTED THIS 6th DAY OF SEPTEMBER, 2023.

ATTEST:	SOUTHERN GROVE COMMUNITY DEVELOPMENT DISTRICTS NO.’S 1, 2, 3,
5, 9

Secretary / Assistant Secretary	Chairman

ATTEST:	SOUTHERN GROVE COMMUNITY DEVELOPMENT DISTRICTS NO.’S 4, 6, 7,
8, 10

Secretary / Assistant Secretary	Chairman

EXHIBIT “A”

BOARD OF SUPERVISORS MEETING DATES
SOUTHERN GROVE COMMUNITY DEVELOPMENT DISTRICT NOS. 1-10 FISCAL YEAR 2023/2024
NOTICE IS HEREBY GIVEN that the Southern Grove Community Development District Nos. 1-10 (“Districts”) will conduct Regular Board Meetings of the Board of Supervisors (“Board”) for the purpose of conducting the business of the Districts that may properly come before the Board. The following meetings will be held at 10:30 a.m. at Tradition Town Hall located at 10799 SW Civic Lane, Port St. Lucie, Florida 34987 on the following dates:

*October 4, 2023*
November 1, 2023
December 6, 2023
*January 3, 2024*
February 7, 2024
March 6, 2024
*April 3, 2024*
May 1, 2024
June 5, 2024
*July 3, 2024*
August 7, 2024
September 4, 2024

*Irrigation Rate Committee Meeting - 9:00am Southern Grove CDD Meeting - 10:30am Tradition CDD Meeting - 11:00am

*An Irrigation Committee Meeting will take place at 9:00 a.m. at Tradition Town Hall located at 10799 SW Civic Lane, Port St. Lucie, Florida 34987 on the above dates, as indicated.*

RESOLUTION 2023-20

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE SOUTHERN GROVE COMMUNITY DEVELOPMENT DISTRICT NOS. 1-10; PROVIDING FOR THE APPOINTMENT OF A RECORDS MANAGEMENT LIAISON OFFICER; PROVIDING THE DUTIES OF THE RECORDS MANAGEMENT LIAISON OFFICER; ADOPTING A RECORDS RETENTION POLICY; DETERMINING THE ELECTRONIC RECORD TO BE THE OFFICIAL RECORD; PROVIDING FOR SEVERABILITY; AND PROVIDING FOR AN EFFECTIVE DATE.

Whereas, the Southern Grove Community Development District Nos. 1-10 (the “District”) is a local unit of special-purpose government created and existing pursuant to Chapter 190, Florida Statutes; and

Whereas, Chapter 190, Florida Statutes, authorizes the District to adopt rules to govern the administration of the District and to adopt resolutions as may be necessary for the conduct of District business; and

Whereas, Section 257.36(5), Florida Statutes, requires the District to establish and maintain an active and continuing program for the economical and efficient management of records and to provide for the appointment of a records management liaison officer (“Records Management Liaison Officer”); and

Whereas, the District desires for the Records Management Liaison Officer to be an employee of the District or an employee of the District Manager; and

Whereas, the District desires to authorize the District’s records custodian to appoint a Records Management Liaison Officer, which may or may not be the District’s records custodian; and

Whereas, the District desires to prescribe duties of the Records Management Liaison Officer and provide for the assignment of additional duties; and

Whereas, the District’s Board of Supervisors (“Board”) finds that it is in the best interests of the District to adopt by resolution a records retention policy (the “Records Retention Policy”) for immediate use and application.

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE SOUTHERN GROVE COMMUNITY DEVELOPMENT DISTRICT NOS. 1-10, THAT:

SECTION 1. The District hereby authorizes the District’s records custodian to appoint a Records Management Liaison Officer and report such appointment to the appropriate State of Florida agencies. A Records Management Liaison Officer shall be an employee of the District or the District Manager. The Board, and the District’s records custodian, shall each have the individual power to remove the Records Management

Liaison Officer at any time for any reason. Immediately following the removal or resignation of a Records Management Liaison Officer, the District’s records custodian shall appoint a replacement Records Management Liaison Officer.

SECTION 2.  The duties of the Records Management Liaison Officer shall include the following:

Serve as the District’s contact with the Florida Department of State, State Library and Archives of Florida;

Coordinate the District’s records inventory;

Maintain records retention and disposition forms;

Coordinate District records management training;

Develop records management procedures consistent with the Records Retention Policy, as amended as provided herein;

Participate in the development of the District’s development of electronic record keeping systems;

Submit annual compliance statements;

Work with the Florida Department of State, State Library and Archives of Florida to establish individual retention schedules for the District, from time to time and as may be necessary; and

Such other duties as may be assigned by the Board or the District’s records custodian in the future.

SECTION 3. The District hereby adopts as its Records Retention Policy the applicable provisions of Section 257.36(5), Florida Statutes, the rules adopted by the Division of Library and Information Services of the Department of State (“Division”) pursuant to Section 257.36, Florida Statutes, and the General Records Schedules established by the Division. However, the District will retain certain records longer than required by the General Records Schedules established by the Division as set forth in Exhibit A. To the extent the above statute, rules or schedules are amended or supplemented in the future, the District’s Records Retention Policy shall automatically incorporate such amendment or supplement provided that such automatic amendment shall not reduce the retention times set forth in Exhibit A. The Records Retention Policy shall remain in full force and effect until such time as the Board amends the Policy.

SECTION 4. In accordance with section 668.50, Florida Statutes, and section 119.01, Florida Statutes, the Board finds that the electronic record shall be considered the official record and any paper originals are hereby duplicates which may be disposed of unless required to be preserved by any applicable statute, rule or ordinance.

SECTION 5.  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. This Resolution shall become effective upon its passage; shall replace, supplant, and supersede any prior policy or resolution of the District regarding records retention; and shall remain in effect unless rescinded or repealed.

Passed and Adopted at a meeting of the District Board of Supervisors, this 6th day of September 2023.

ATTEST:	SOUTHERN GROVE COMMUNITY DEVELOPMENT DISTRICT NOS. 1, 2,
3, 5, 9

Print name: 		Print name: 	 Secretary / Assistant Secretary			Chairperson, Board of Supervisors

ATTEST:	SOUTHERN GROVE COMMUNITY DEVELOPMENT DISTRICT NOS. 4, 6,
7, 8, 10

Print name: 		Print name: 	 Secretary / Assistant Secretary			Chairperson, Board of Supervisors

Exhibit A:	Amendments to General Records Schedules Established by the Division

Exhibit A

Amendments to General Records Schedules established by the Division

ADVERTISEMENTS: LEGAL (Item #25)
The District shall retain mailed and published legal advertisements, and corresponding affidavits, relating to proceedings under uniform method of collection of debt assessments permanently. The District shall retain mailed and published legal advertisements, and corresponding affidavits, relating to the levy of assessments securing bonds for five (5) fiscal years provided applicable audits have been released, or until three (3) calendar years after related bonds are redeemed, whichever is later.

AUDITS: INDEPENDENT (Item #56)
The District shall retain the record copy of independent audits for ten (10) fiscal years or until three (3) calendar years after all related bonds are redeemed, whichever is later.

DISBURSEMENT RECORDS: DETAIL (Item #340)
The District shall retain the record copy of disbursement records relating to the use of bonds for five (5) fiscal years provided applicable audits have been released or until three (3) calendar years after related bonds are redeemed, whichever is later.

DISBURSEMENT RECORDS: SUMMARY (Item #341)
The District shall retain the record copy of disbursement records relating to the use of bonds for ten (10) fiscal years provided applicable audits have been released or until three (3) calendar years after related bonds are redeemed, whichever is later.

FINANCIAL REPORTS: LOCAL GOVERNMENT ANNUAL REPORTS (Item #107)
The District shall retain the record copy of disbursement records relating to the use of bonds for ten (10) fiscal years provided applicable audits have been released or until three (3) calendar years after all related bonds are redeemed, whichever is later.

INCIDENT REPORT FILES (Item #241)
The District shall retain incident reports for five (5) anniversary years from the date of the incident.

MINUTES: OFFICIAL MEETINGS (PRELIMINARY/AUDIO RECORDINGS/VIDEO RECORDINGS
(Item #4)
The District shall retain audio recordings of board of supervisor meetings for five (5) calendar years after adoption of the official minutes.

PROJECT FILES: CAPITAL IMPROVEMENT (Item #136)
The District shall retain the record copy of project files for projects funded with bonds for ten (10) fiscal years after completion of the project provided applicable audits have been released or until three (3) calendar years after all related bonds are redeemed, whichever is later.

REAL PROPERTY RECORDS: CONDEMNATION/DEMOLITION (Item #364)
The District shall retain the record copy of project files for condemnation/demolition projects funded with bonds for five (5) anniversary years after final action or until three (3) calendar years after all related bonds are redeemed, whichever is later. The record copy of deeds and easements shall be kept permanently.

REAL PROPERTY RECORDS: PROPERTY ACQUIRED (Item #172)
The District shall retain the record copy of documents related to property acquisitions funded with bonds for three (3) fiscal years after final disposition of the property provided applicable audits have been released or until three (3) calendar years after all related bonds are redeemed, whichever is later. The record copy of deeds and easements shall be kept permanently.

FLORIDA GREEN ENVIRONMENTAL SERVICES
2350 Folsom Rd.,
Mims Florida 32754
772.336-2689
FlaGreen@FlaGreen.com June 28th 2023
Southern Grove CDD John Gallagher
Midge Management Lake Village Parkway Larvacide Treatments

Use of Altosid XR 150 briquettes deployed every IO feet in a checkered pattern. 275 Briquettes per application.
Application of2750 feet at the shore line to control Midge larvae. Application schedule should be every 4 months for best conh·ol.
Each application is $2750.00 three times per year $8250.00 per year.

SOUTHERN GROVE COMMUNITY DEVELOPMENT DISTRICTS 1-6

Financial Report For July 2023

	FISCAL YEAR	FISCAL YEAR		
	2022/2023	10/01/22 - 07/31/23	% Of	
	ANNUAL BUDGET	ACTUAL	Budget	COMMENTS	
REVENUES						
O & M ASSESSMENTS - ADMIN & MAINT	1,689,282	1,617,848	95.77%		
DEBT ASSESSMENTS	1,954,440	1,757,571	89.93%		
BOND PREPAYMENTS	0	339,690	100.00%		
INTEREST INCOME	0	175,314	100.00%		
STORMWATER	600,000	959,837	159.97%		
OTHER INCOME	0	89,985	100.00%		
OTHER INCOME - SPECIAL BOND REV	0	0	100.00%		
TIM - DEVELOPER/ BOND FUNDED	225,186	0	0.00%		
FUND CARRY FORWARD	0	0	0.00%		

Total Revenues	$	4,468,908	$	4,940,244	110.55%		

EXPENDITURES - ADMIN					
ARBITRAGE REBATE FEE	6,500	1,300	100.00%	
AUDIT	36,000	8,200	22.78%	
BANK FEES	0	0	100.00%	
CONSULTING FEES	0	0	100.00%	
DISSEMINATION AGENT	3,000	0	0.00%	
DISTRICT COUNSEL	48,000	46,325	96.51%	
MANAGEMENT	32,054	65,212	203.45%	
DUES, LICENSES, FEES	1,050	1,650	157.14%	
ASSESSMENT ROLL	6,000	0	0.00%	
ENGINEERING	175,000	183,421	104.81% Invoices will be sorted between ADMIN and MAINT	
FINANCIAL ADVISOR - BOND	0	0	0.00%	
IMPACT FEE ADMINISTRATION	0	0	0.00%	
GENERAL INSURANCE	40,135	50,406	125.59%	
WEBSITE	4,500	3,750	83.33%	
LEGAL ADVERTISING	3,800	4,881	128.44%	
MISCELLANEOUS	0	2,522	0.00%	
MEETING ROOM	0	0	0.00%	

	FISCAL YEAR	FISCAL YEAR			
	2022/2023	10/01/22 - 07/31/23	% Of		
	ANNUAL BUDGET	ACTUAL	Budget	COMMENTS	
OFFICE SUPPLIES		1,000	1,331	0.00%		
POSTAGE AND SHIPPING		500	993	100.00%		
COPIES		1,000	1,955	195.48%		
SUPERVISOR FEES		4,800	963	20.07%		
SUPERVISOR PAYROLL TAXES		0	0	0.00%		
SUPERVISOR PAYROLL FEES		0	0	0.00%		
TELEPHONE		0	0	0.00%		
TIF/SAD REBATE ANALYSIS		65,000	41,220	0.00%		
CONTINUING DISCLOSURE		0	0	0.00%		
TRUSTEE SERVICES		7,000	12,416	177.38%		
OFFICE RENT		18,000	15,951	88.62%		
CONTINGENCY - ADMIN		50,000	0	0.00%		
CAPITAL OUTLAY		0	0	0.00%		
TIM - CAPITAL (Bond/Developer Funded)		0	0	0.00%		
TOTAL ADMIN EXPENSES		503,839	443,060	87.94%		

EXPENDITURES - MAINT						
LAKE MAINTENANCE		85,000	10,960	12.89%		
BUILDING, BRIDGE, MONUMENT MAINT.		475,000	0	0.00%		
TIM OPERATIONS		528,796	8,843	1.67%		
CONTINGENCY - MAINT.		100,000	525	0.53%		
COMMUNITY AREA MAINTENANCE		75,000	10,459	0.00%		
LAKE PORTER SERVICE		0	0	0.00%		
PAINTING		0	0	0.00%		
FIELD MAINTENANCE		0	0	0.00%		
ELECTRIC		25,000	1,959	7.84%		
ENGINEERING - MAINT.		175,000	0	0.00%		
FIELD MANAGEMENT		16,480	13,733	83.33%		
FOUNTAIN MAINTENANCE		32,000	3,250	100.00%		
HYDRILLA TREATMENT		0	0	0.00%		
LANDSCAPING MAINTENANCE & MATERIALS		146,000	213,694	146.37%		
MITIGATION MAINTENANCE		0	117,634	0.00%	93	

	FISCAL YEAR	FISCAL YEAR			
	2022/2023	10/01/22 - 07/31/23	% Of		
	ANNUAL BUDGET	ACTUAL	Budget	COMMENTS	
IRRIGATION		2,000	0	0.00%		
IRRIGATION PARTS & REPAIR		20,000	8,676	43.38%		
PEST CONTROL		0	0	0.00%		
ROAD REPAIR		0	22,500	0.00%		
SECURITY		73,500	0	0.00%		
FENCE REPAIR		0	0	0.00%		
SIDEWALK CLEANING/REPAIR		30,000	0	0.00%		
SIGNAGE		10,000	2,300	0.00%		
STREETLIGHTS		20,000	0	0.00%		
STORMWATER MANAGEMENT		50,000	288,449	576.90%		
TREE/PLANT REPLACEMENT & TRIM		36,000	6,325	0.00%		
WETLAND UPLAND MAINTENANCE		0	0	0.00%		
TOTAL MAINTENANCE EXPENSES		1,899,776	709,306	37.34%		
					
Total Expenditures		$	2,403,615	$	1,152,366	47.94%		
					
EXCESS / (SHORTFALL)		$	2,065,293	$	3,787,878			

PAYMENT TO TRUSTEE (2019 Bond)		
(445,206)	(497,104)	
111.66%		
PAYMENT TO TRUSTEE (2020 Bond)		(425,918)	(352,757)	82.82%		
PAYMENT TO TRUSTEE (2021 Bond)		(926,960)	(805,497)			
BOND PREPAYMENTS		(339,690)			
BALANCE		$	267,209	$	1,792,831			

COUNTY APPRAISER & TAX COLLECTOR FEE		
(133,604)	(132,801)	
99.40%		
DISCOUNTS FOR EARLY PAYMENTS		(133,604)	(130,950)	98.01%		
NET EXCESS / (SHORTFALL)		$	-	$	1,529,080			
94

Oct '22 - Ju...	Budget	$ Over Bud...	% of Budget
Ordinary Income/Expense Income
01-3100 · Assessments	180,244.55		21,700.00		158,544.55		830.6%	
01-3810 · Debt Assessment (CI - 2019)	527,798.50							
01-3812 · Debt Assessment (2021)	855,233.91							
01-3814 · Debt Assessment (CI - 2020)	374,538.33							
01-3830 · Assessment Fees	-132,800.74		-751.00		-132,049.74		17,683.2%	
01-3831 · Assessment Discounts	-130,950.08		-751.00		-130,199.08		17,436.8%	
01-3840 · Debt Assess-Pd To Trustee(2019)	-497,103.72							
01-3841 · Debt Assess-Pd To Trustee(2020)	-352,756.60							
01-3843 · Debt Assess-Pd To Trustee(2021)	-805,496.87							
01-3902 · Bond Prepayments (2020)	21,751.65							
01-3903 · Bond Prepayments (2021)	317,937.90							
01-3913 · Bond Prepayments(21) To Trustee	-339,689.55							
01-6000 · Developer Contribution 01-9400 · Other Income
01-9402 · Other Liability - GRBK Bond	0.00

0.00		2,177.00		-2,177.00		0.0%	
01-9400 · Other Income - Other	80,186.27							
Total 01-9400 · Other Income	80,186.27							
01-9405 · Stormwater Fees	0.00							
01-9407 · Engineering Revenue Fees	3,302.00							
01-9408 · Application Fee	6,497.00							
01-9410 · Interest Income (GF)	175,313.64							
Total Income	284,006.19		22,375.00		261,631.19		1,269.3%	
Gross Profit	284,006.19		22,375.00		261,631.19		1,269.3%	
Expense
01-1308 · Dissemination Agent	
0.00		
29.00		
-29.00		
0.0%	
01-1310 · Engineering	1,773.08		1,692.00		81.08		104.8%	
01-1311 · Management Fees	630.39		310.00		320.39		203.4%	
01-1315 · Legal Fees	447.84		464.00		-16.16		96.5%	
01-1317 · Travel and Per Diem	5.48		5.00		0.48		109.6%	
01-1318 · Assessment/Tax Roll	0.00		58.00		-58.00		0.0%	
01-1320 · Audit Fees	79.31		6,000.00		-5,920.69		1.3%	
01-1322 · Contingency - Admin	0.00		481.00		-481.00		0.0%	
01-1325 · Supervisor Fees	-153.82		800.00		-953.82		-19.2%	
01-1330 · Arbitrage Rebate Fee	12.60		0.00		12.60		100.0%	
01-1440 · Rents & Leases	154.22		174.00		-19.78		88.6%	
01-1450 · Insurance	16,149.00		5,635.00		10,514.00		286.6%	
01-1480 · Legal Advertisements	47.21		37.00		10.21		127.6%	
01-1481 · Payroll Processing Fees	101.95		0.00		101.95		100.0%	
01-1482 · Payroll Tax Expense	61.20		0.00		61.20		100.0%	
01-1512 · Miscellaneous	24.40		0.00		24.40		100.0%	
01-1513 · Postage and Delivery	9.62		5.00		4.62		192.4%	
01-1514 · Office Supplies	12.89		10.00		2.89		128.9%	
01-1516 · Copies	18.92		10.00		8.92		189.2%	
01-1518 · Web Site	625.00		750.00		-125.00		83.3%	
01-1521 · Aquatic Contract	0.00		0.00		0.00		0.0%	
01-1540 · Dues, License & Subscriptions	775.00		175.00		600.00		442.9%	
01-1550 · Trustee Fees (GF)	0.00		0.00		0.00		0.0%	
01-1600 · TIM - Operations (BEEP) O&M	85.50		5,112.00		-5,026.50		1.7%	
01-1772 · TIF/SAD Rebate Analysis	398.48		628.00		-229.52		63.5%	
01-1801 · Landscaping Maintenance	0.00							
01-1802 · Tree/Plant Replacement & Trim	0.00							
01-1805 · Stormwater Management (GF)	0.00							
01-1807 · Irrigation Parts & Repair	0.00							
01-1809 · Field Management	0.00							
01-1812 · Signage & Amenities Repair	0.00							
01-1814 · Electricity	0.00							
01-1815 · Miscellaneous Maintenance	0.00							
01-1817 · Common Area Maintenance	0.00							
01-1818 · Fountain Maintenance & Chemical	0.00							

	Oct '22 - Ju...		Budget		$ Over Bud...		% of Budget	
01-1825 · Lake Maintenance	0.00							
01-1826 · Mitigation Maintenance	0.00							
01-1829 · Sidewalk Cleaning	0.00							
Total Expense	21,258.27		22,375.00		-1,116.73		95.0%	
Net Ordinary Income	262,747.92		0.00		262,747.92		100.0%	
Net Income	262,747.92		0.00		262,747.92		100.0%	

08/30/23	Balance Sheet
Accrual Basis	As of July 31, 2023

Jul 31, 23

ASSETS
Current Assets Checking/Savings		
01-1000 · Valley National 1068	4,285,768.97	
01-1001 · Valley Bank-Special Bond Acct	1,040,424.52	
Total Checking/Savings	5,326,193.49	
Accounts Receivable		
01-1200 · Accounts Receivable	61,384.64	
Total Accounts Receivable	61,384.64	
Total Current Assets	5,387,578.13	
Other Assets		
01-8122 · A/R St Lucie County Excess Fees	-2,978.00	
Total Other Assets	-2,978.00	
TOTAL ASSETS	5,384,600.13	
LIABILITIES & EQUITY		
Liabilities
Current Liabilities Accounts Payable
01-2020 · Accounts Payable	

115,288.87	
Total Accounts Payable	115,288.87	
Other Current Liabilities		
01-2024 · Due To Other Gov Units-Fishkind	750.02	
01-2025 · Deposits - Engr Deposit	107,469.50	
01-2026 · Deferred Revenue - SAD/TIF	2,001,859.21	
01-2027 · Due to CDD2	37,832.99	
01-2028 · Due to CDD3	47,423.01	
01-2029 · Due to CDD4	144,841.09	
01-2030 · Due to CDD5	1,838,248.23	
01-2031 · Due to CDD6	105,561.45	
Total Other Current Liabilities	4,283,985.50	
Total Current Liabilities	4,399,274.37	
Total Liabilities	4,399,274.37	
Equity		
30000 · Opening Balance Equity	206,446.32	
99-9999 · Retained Earnings	516,131.52	
Net Income	262,747.92	
Total Equity	985,325.76	
TOTAL LIABILITIES & EQUITY	5,384,600.13	

08/31/23	Profit & Loss Budget vs. Actual
Accrual Basis	October 2022 through July 2023

	Oct '22 - Jul 23		Budget		$ Over Budget		% of Budget	
Income
01-3100 · Assessments	
69,037.41		
80,082.00		
-11,044.59		
86.2%	
01-3830 · Assessment Fees	0.00		-2,139.00		2,139.00		0.0%	
01-3831 · Assessment Discounts	0.00		-2,139.00		2,139.00		0.0%	
01-6000 · Developer Contribution	0.00		19,729.00		-19,729.00		0.0%	
01-9410 · Interest Income (GF)	19.08		0.00		19.08		100.0%	
Total Income	69,056.49		95,533.00		-26,476.51		72.3%	
Expense
01-1308 · Dissemination Agent	
0.00		
263.00		
-263.00		
0.0%	
01-1310 · Engineering	16,070.07		15,332.00		738.07		104.8%	
01-1311 · Management Fees	5,713.39		2,808.00		2,905.39		203.5%	
01-1315 · Legal Fees	4,058.67		4,205.00		-146.33		96.5%	
01-1317 · Travel and Per Diem	49.42		44.00		5.42		112.3%	
01-1318 · Assessment/Tax Roll	0.00		526.00		-526.00		0.0%	
01-1320 · Audit Fees	718.42		6,000.00		-5,281.58		12.0%	
01-1325 · Supervisor Fees	84.38		800.00		-715.62		10.5%	
01-1330 · Arbitrage Rebate Fee	113.89		0.00		113.89		100.0%	
01-1440 · Rents & Leases	1,397.55		1,577.00		-179.45		88.6%	
01-1450 · Insurance	7,167.00		6,095.00		1,072.00		117.6%	
01-1480 · Legal Advertisements	427.61		333.00		94.61		128.4%	
01-1512 · Miscellaneous	220.97		0.00		220.97		100.0%	
01-1513 · Postage and Delivery	86.97		44.00		42.97		197.7%	
01-1514 · Office Supplies	116.64		88.00		28.64		132.5%	
01-1516 · Copies	171.26		88.00		83.26		194.6%	
01-1518 · Web Site	625.00		750.00		-125.00		83.3%	
01-1540 · Dues, License & Subscriptions	175.00		175.00		0.00		100.0%	
01-1550 · Trustee Fees (GF)	0.00		0.00		0.00		0.0%	
01-1600 · TIM Operations	774.76		46,329.00		-45,554.24		1.7%	
01-1772 · SAD/TIF Rebate Analysis	3,611.41		5,695.00		-2,083.59		63.4%	
01-1820 · Contingency	0.00		4,381.00		-4,381.00		0.0%	
Total Expense	41,582.41		95,533.00		-53,950.59		43.5%	
Net Income	27,474.08		0.00		27,474.08		100.0%	

08/31/23	Balance Sheet
Accrual Basis	As of July 31, 2023

Jul 31, 23
ASSETS
Current Assets
Checking/Savings		
01-1000 · Valley National 1076	578.76	
Total Checking/Savings	578.76	
Other Current Assets		
01-8200 · Due From CDD1	37,782.99	
Total Other Current Assets	37,782.99	
Total Current Assets	38,361.75	
TOTAL ASSETS	38,361.75	
LIABILITIES & EQUITY		
Equity
30000 · Net Assets, Unrestricted	
36,146.13	
99-9999 · Retained Earnings	-25,258.46	
Net Income	27,474.08	
Total Equity	38,361.75	
TOTAL LIABILITIES & EQUITY	38,361.75	

08/31/23	Profit & Loss Budget vs. Actual
Accrual Basis	October 2022 through July 2023

	Oct '22 - Jul 23		Budget		$ Over Budget		% of Budget	
Income
01-3100 · Assessments	
127,405.48		
147,787.00		
-20,381.52		
86.2%	
01-3830 · Assessment Fees	0.00		-3,740.00		3,740.00		0.0%	
01-3831 · Assessment Discounts	0.00		-3,740.00		3,740.00		0.0%	
01-6000 · Developer Contribution	0.00		40,261.00		-40,261.00		0.0%	
01-9410 · Interest Income (GF)	1.73		0.00		1.73		100.0%	
Total Income	127,407.21		180,568.00		-53,160.79		70.6%	
Expense
01-1308 · Dissemination Agent	
0.00		
536.00		
-536.00		
0.0%	
01-1310 · Engineering	32,793.61		31,288.00		1,505.61		104.8%	
01-1311 · Management Fees	11,659.11		5,731.00		5,928.11		203.4%	
01-1315 · Legal Fees	8,282.38		8,582.00		-299.62		96.5%	
01-1317 · Travel and Per Diem	100.85		89.00		11.85		113.3%	
01-1318 · Assessment/Tax Roll	0.00		1,073.00		-1,073.00		0.0%	
01-1320 · Audit Fees	1,466.06		6,000.00		-4,533.94		24.4%	
01-1325 · Supervisor Fees	172.20		800.00		-627.80		21.5%	
01-1330 · Arbitrage Rebate Fee	232.42		0.00		232.42		100.0%	
01-1440 · Rents & Leases	2,851.93		3,218.00		-366.07		88.6%	
01-1450 · Insurance	6,134.00		6,095.00		39.00		100.6%	
01-1480 · Legal Advertisements	872.62		679.00		193.62		128.5%	
01-1512 · Miscellaneous	450.93		0.00		450.93		100.0%	
01-1513 · Postage and Delivery	177.48		89.00		88.48		199.4%	
01-1514 · Office Supplies	238.03		179.00		59.03		133.0%	
01-1516 · Copies	349.49		179.00		170.49		195.2%	
01-1518 · Web Site	625.00		750.00		-125.00		83.3%	
01-1540 · Dues, License & Subscriptions	175.00		175.00		0.00		100.0%	
01-1550 · Trustee Fees (GF)	0.00		0.00		0.00		0.0%	
01-1600 · TIM Operations	1,581.03		94,543.00		-92,961.97		1.7%	
01-1772 · SAD/TIF Rebate Analysis	7,369.68		11,621.00		-4,251.32		63.4%	
01-1820 · Contingency	0.00		8,941.00		-8,941.00		0.0%	
Total Expense	75,531.82		180,568.00		-105,036.18		41.8%	
Net Income	51,875.39		0.00		51,875.39		100.0%	

08/31/23	Balance Sheet
Accrual Basis	As of July 31, 2023

Jul 31, 23
ASSETS
Current Assets
Checking/Savings		
01-1000 · Valley National 1084	52.57	
Total Checking/Savings	52.57	
Other Current Assets		
01-8200 · Due From CDD1	47,373.01	
Total Other Current Assets	47,373.01	
Total Current Assets	47,425.58	
TOTAL ASSETS	47,425.58	
LIABILITIES & EQUITY		
Equity
01-8801 · Equity Transfer	
0.13	
99-9999 · Retained Earnings	-4,449.94	
Net Income	51,875.39	
Total Equity	47,425.58	
TOTAL LIABILITIES & EQUITY	47,425.58	

08/31/23	Profit & Loss Budget vs. Actual
Accrual Basis	October 2022 through July 2023

	Oct '22 - Jul 23		Budget		$ Over Budget		% of Budget	
Income
01-3100 · Assessments	
285,610.82		
331,300.99		
-45,690.17		
86.2%	
01-3810 · Debt Assessment	0.00		444,975.35		-444,975.35		0.0%	
01-3820 · Debt Assess-Paid To Trustee	0.00		-409,377.32		409,377.32		0.0%	
01-3830 · Assessment Fees	0.00		-29,049.41		29,049.41		0.0%	
01-3831 · Assessment Discounts	0.00		-29,049.41		29,049.41		0.0%	
01-6000 · Developer Contribution	0.00		37,115.33		-37,115.33		0.0%	
01-9405 · Stormwater Fees	52,514.70		136,604.48		-84,089.78		38.4%	
01-9410 · Interest Income (GF)	1.73		0.00		1.73		100.0%	
Total Income	338,127.25		482,520.01		-144,392.76		70.1%	
Expense
01-1308 · Dissemination Agent	
0.00		
494.46		
-494.46		
0.0%	
01-1310 · Engineering	30,231.50		28,843.58		1,387.92		104.8%	
01-1311 · Management Fees	10,748.20		5,283.09		5,465.11		203.4%	
01-1315 · Legal Fees	7,635.29		7,911.38		-276.09		96.5%	
01-1317 · Travel and Per Diem	92.97		82.41		10.56		112.8%	
01-1318 · Assessment/Tax Roll	0.00		988.94		-988.94		0.0%	
01-1320 · Audit Fees	1,351.52		6,000.00		-4,648.48		22.5%	
01-1325 · Supervisor Fees	158.74		800.00		-641.26		19.8%	
01-1330 · Arbitrage Rebate Fee	214.26		1,479.88		-1,265.62		14.5%	
01-1440 · Rents & Leases	2,629.12		2,966.77		-337.65		88.6%	
01-1450 · Insurance	5,842.00		5,865.00		-23.00		99.6%	
01-1480 · Legal Advertisements	804.44		626.32		178.12		128.4%	
01-1512 · Miscellaneous	415.70		0.00		415.70		100.0%	
01-1513 · Postage and Delivery	163.61		82.41		81.20		198.5%	
01-1514 · Office Supplies	219.43		164.82		54.61		133.1%	
01-1516 · Copies	322.19		164.82		157.37		195.5%	
01-1518 · Web Site	625.00		750.00		-125.00		83.3%	
01-1520 · Security	0.00		16,734.05		-16,734.05		0.0%	
01-1540 · Dues, License & Subscriptions	175.00		175.00		0.00		100.0%	
01-1550 · Trustee Fees (GF)	2,826.85		1,593.72		1,233.13		177.4%	
01-1600 · TIM Operations	1,457.50		87,156.39		-85,698.89		1.7%	
01-1772 · TIF/SAD Rebate Analysis	6,793.89		10,713.33		-3,919.44		63.4%	
01-1801 · Landscaping Maintenance	48,652.64		33,240.42		15,412.22		146.4%	
01-1802 · Tree/Plant Replacement & Trim	1,440.03		8,196.27		-6,756.24		17.6%	
01-1805 · Stormwater Management (GF)	65,672.35		11,383.71		54,288.64		576.9%	
01-1807 · Irrigation Parts & Repair	1,975.38		4,553.48		-2,578.10		43.4%	
01-1808 · Irrigation	0.00		455.35		-455.35		0.0%	
01-1809 · Field Management	3,126.71		3,752.07		-625.36		83.3%	
01-1810 · Engineering / Inspections	0.00		39,842.97		-39,842.97		0.0%	
01-1812 · Signage & Amenities Repair	523.65		2,276.74		-1,753.09		23.0%	
01-1814 · Electricity	445.97		5,691.85		-5,245.88		7.8%	
01-1815 · Miscellaneous Maintenance	119.52		0.00		119.52		100.0%	
01-1816 · Building Maintenance	0.00		108,145.22		-108,145.22		0.0%	
01-1817 · Common Area Maintenance	2,381.16		17,075.56		-14,694.40		13.9%	
01-1818 · Fountain Maintenance & Chemical	739.91		7,285.57		-6,545.66		10.2%	
01-1820 · Contingency	0.00		31,008.43		-31,008.43		0.0%	
01-1823 · Mitigation Maintenance	26,782.11		0.00		26,782.11		100.0%	
01-1825 · Lake Maintenance	2,495.18		19,352.30		-16,857.12		12.9%	
01-1827 · Sidewalk Cleaning	5,122.66		6,830.22		-1,707.56		75.0%	
01-1828 · Streetlight Maintenance	0.00		4,553.48		-4,553.48		0.0%	
Total Expense	232,184.48		482,520.01		-250,335.53		48.1%	
Net Income	105,942.77		0.00		105,942.77		100.0%	

08/31/23	Balance Sheet
Accrual Basis	As of July 31, 2023

Jul 31, 23
ASSETS
Current Assets
Checking/Savings		
01-1000 · Valley National 1092	52.57	
Total Checking/Savings	52.57	
Other Current Assets		
01-8200 · Due From CDD1	174,822.13	
Total Other Current Assets	174,822.13	
Total Current Assets	174,874.70	
TOTAL ASSETS	174,874.70	
LIABILITIES & EQUITY		
Equity
01-8801 · Equity Transfer	
0.13	
99-9999 · Retained Earnings	68,931.80	
Net Income	105,942.77	
Total Equity	174,874.70	
TOTAL LIABILITIES & EQUITY	174,874.70	

08/31/23	Profit & Loss Budget vs. Actual
Accrual Basis	October 2022 through July 2023

	Oct '22 - Jul 23		Budget		$ Over Budget		% of Budget	
Income
01-3100 · Assessments	
684,651.54		
794,177.69		
-109,526.15		
86.2%	
01-3810 · Debt Assessment	0.00		1,192,980.68		-1,192,980.68		0.0%	
01-3820 · Debt Assess-Paid To Trustee	0.00		-1,097,542.22		1,097,542.22		0.0%	
01-3830 · Assessment Fees	0.00		-74,588.42		74,588.42		0.0%	
01-3831 · Assessment Discounts	0.00		-74,588.42		74,588.42		0.0%	
01-6000 · Developer Contribution	0.00		90,819.33		-90,819.33		0.0%	
01-9405 · Stormwater Fees	879,221.51		334,264.22		544,957.29		263.0%	
01-9410 · Interest Income (GF)	112.54		0.00		112.54		100.0%	
Total Income	1,563,985.59		1,165,522.86		398,462.73		134.2%	
Expense
01-1308 · Dissemination Agent	
0.00		
1,209.92		
-1,209.92		
0.0%	
01-1310 · Engineering	73,974.94		70,578.77		3,396.17		104.8%	
01-1311 · Management Fees	26,300.31		12,927.45		13,372.86		203.4%	
01-1315 · Legal Fees	18,683.18		19,358.75		-675.57		96.5%	
01-1317 · Travel and Per Diem	227.51		201.65		25.86		112.8%	
01-1318 · Assessment/Tax Roll	0.00		2,419.84		-2,419.84		0.0%	
01-1320 · Audit Fees	3,307.11		6,000.00		-2,692.89		55.1%	
01-1325 · Supervisor Fees	388.44		800.00		-411.56		48.6%	
01-1330 · Arbitrage Rebate Fee	524.29		3,621.29		-3,097.00		14.5%	
01-1332 · Field Management	7,650.93		9,181.12		-1,530.19		83.3%	
01-1440 · Rents & Leases	6,433.32		7,259.53		-826.21		88.6%	
01-1450 · Insurance	8,980.00		10,350.00		-1,370.00		86.8%	
01-1480 · Legal Advertisements	1,968.44		1,532.57		435.87		128.4%	
01-1512 · Miscellaneous	1,017.19		0.00		1,017.19		100.0%	
01-1513 · Postage and Delivery	400.36		201.65		198.71		198.5%	
01-1514 · Office Supplies	536.94		403.31		133.63		133.1%	
01-1516 · Copies	788.38		403.31		385.07		195.5%	
01-1518 · Web Site	625.00		750.00		-125.00		83.3%	
01-1520 · Security	0.00		40,947.37		-40,947.37		0.0%	
01-1540 · Dues, License & Subscriptions	175.00		175.00		0.00		100.0%	
01-1550 · Trustee Fees (GF)	6,917.19		3,899.75		3,017.44		177.4%	
01-1601 · BEEP - O&M	3,566.44		213,267.24		-209,700.80		1.7%	
01-1772 · SAD/TIF Rebate Analysis	16,624.32		26,214.97		-9,590.65		63.4%	
01-1801 · Landscaping Maintenance	119,050.55		81,337.63		37,712.92		146.4%	
01-1802 · Tree/Plant Replacement & Trim	3,523.72		20,055.85		-16,532.13		17.6%	
01-1805 · Stormwater Management (GF)	160,696.93		27,855.35		132,841.58		576.9%	
01-1806 · Lake Maintenance	0.00		47,354.10		-47,354.10		0.0%	
01-1807 · Irrigation Parts & Repair	4,833.68		11,142.14		-6,308.46		43.4%	
01-1808 · Irrigation	0.00		1,114.12		-1,114.12		0.0%	
01-1810 · Engineering / Inspections	0.00		97,493.73		-97,493.73		0.0%	
01-1812 · Signage & Amenities Repair	1,281.35		5,571.07		-4,289.72		23.0%	
01-1814 · Electricity	1,091.30		13,927.68		-12,836.38		7.8%	
01-1815 · Mitigation Maintenance	65,534.47		0.00		65,534.47		100.0%	
01-1816 · Building Maintenance	0.00		264,625.84		-264,625.84		0.0%	
01-1817 · Common Area Maintenance	5,826.59		41,783.03		-35,956.44		13.9%	
01-1818 · Fountain Maintenance & Chemical	1,810.56		17,827.42		-16,016.86		10.2%	
01-1820 · Contingency	0.00		75,876.06		-75,876.06		0.0%	
01-1826 · Streetlights	0.00		11,142.14		-11,142.14		0.0%	
01-1827 · Aquatic Maintenance	6,105.64		0.00		6,105.64		100.0%	
01-1829 · Sidewalk Cleaning/Repair	12,534.92		16,713.21		-4,178.29		75.0%	
01-1830 · Misc Maintenance	292.50		0.00		292.50		100.0%	
Total Expense	561,671.50		1,165,522.86		-603,851.36		48.2%	
Net Income	1,002,314.09		0.00		1,002,314.09		100.0%	

08/31/23	Balance Sheet
Accrual Basis	As of July 31, 2023

Jul 31, 23

ASSETS
Current Assets Checking/Savings		
01-1000 · Valley National 1106	3,415.68	
Total Checking/Savings	3,415.68	
Other Current Assets		
01-8154 · Deposits	4,256.00	
01-8200 · Due From CDD1	1,779,109.24	
01-8201 · Due from Other Funds	3,553.00	
Total Other Current Assets	1,786,918.24	
Total Current Assets	1,790,333.92	
TOTAL ASSETS	1,790,333.92	
LIABILITIES & EQUITY		
Liabilities
Current Liabilities
Other Current Liabilities 01-2025 · Due to CDD1	

-56,560.00	
Total Other Current Liabilities	-56,560.00	
Total Current Liabilities	-56,560.00	
Total Liabilities	-56,560.00	
Equity		
30000 · Opening Balance Equity	6,979.39	
99-9999 · Retained Earnings	837,600.44	
Net Income	1,002,314.09	
Total Equity	1,846,893.92	
TOTAL LIABILITIES & EQUITY	1,790,333.92	

08/31/23	Profit & Loss Budget vs. Actual
Accrual Basis	October 2022 through July 2023

	Oct '22 - Jul 23		Budget		$ Over Budget		% of Budget	
Income
01-3100 · Assessments	
270,898.17		
314,234.71		
-43,336.54		
86.2%	
01-3810 · Debt Assessment	0.00		316,483.53		-316,483.53		0.0%	
01-3820 · Debt Assess-Paid To Trustee	0.00		-291,168.85		291,168.85		0.0%	
01-3830 · Assessment Fees	0.00		-23,336.59		23,336.59		0.0%	
01-3831 · Assessment Discounts	0.00		-23,336.59		23,336.59		0.0%	
01-6000 · Developer Contribution	0.00		35,088.85		-35,088.85		0.0%	
01-9405 · Stormwater Fees	28,100.76		129,131.30		-101,030.54		21.8%	
01-9410 · Interest Income (GF)	1.73		0.00		1.73		100.0%	
Total Income	299,000.66		457,096.36		-158,095.70		65.4%	
Expense
01-1308 · Dissemination Agent	
0.00		
467.41		
-467.41		
0.0%	
01-1310 · Engineering	28,577.63		27,265.64		1,311.99		104.8%	
01-1311 · Management Fees	10,160.20		4,994.07		5,166.13		203.4%	
01-1315 · Legal Fees	7,217.59		7,478.58		-260.99		96.5%	
01-1317 · Travel and Per Diem	87.89		77.90		9.99		112.8%	
01-1318 · Assessment/Tax Roll	0.00		934.82		-934.82		0.0%	
01-1320 · Audit Fees	1,277.58		6,000.00		-4,722.42		21.3%	
01-1325 · Supervisor Fees	150.06		800.00		-649.94		18.8%	
01-1330 · Arbitrage Rebate Fee	202.54		1,398.92		-1,196.38		14.5%	
01-1440 · Rents & Leases	2,485.29		2,804.47		-319.18		88.6%	
01-1450 · Insurance	6,134.00		6,095.00		39.00		100.6%	
01-1480 · Legal Advertisements	760.43		592.05		168.38		128.4%	
01-1512 · Miscellaneous	392.95		0.00		392.95		100.0%	
01-1513 · Postage and Delivery	154.66		77.90		76.76		198.5%	
01-1514 · Office Supplies	207.43		155.80		51.63		133.1%	
01-1516 · Copies	304.56		155.80		148.76		195.5%	
01-1518 · Web Site	625.00		750.00		-125.00		83.3%	
01-1520 · Security	0.00		15,818.58		-15,818.58		0.0%	
01-1540 · Dues, License & Subscriptions	175.00		175.00		0.00		100.0%	
01-1550 · Trustee Fees (GF)	2,672.21		1,506.53		1,165.68		177.4%	
01-1600 · BEEP	1,377.77		82,388.34		-81,010.57		1.7%	
01-1772 · SAD/TIF Rebate Analysis	6,422.22		10,127.24		-3,705.02		63.4%	
01-1801 · Landscaping Maintenance	45,991.01		31,421.95		14,569.06		146.4%	
01-1802 · Tree/Plant Replacement & Trim	1,361.25		7,747.88		-6,386.63		17.6%	
01-1805 · Stormwater Management (GF)	62,079.63		10,760.94		51,318.69		576.9%	
01-1806 · Lake Maint	2,358.68		18,293.60		-15,934.92		12.9%	
01-1807 · Irrigation Parts & Repair	1,867.32		4,304.38		-2,437.06		43.4%	
01-1808 · Irrigation	0.00		430.44		-430.44		0.0%	
01-1809 · Field Management	2,955.66		3,546.81		-591.15		83.3%	
01-1810 · Engineering / Inspections	0.00		37,663.30		-37,663.30		0.0%	
01-1812 · Signage & Amenities Repair	495.00		2,152.19		-1,657.19		23.0%	
01-1814 · Electricity	421.57		5,380.47		-4,958.90		7.8%	
01-1815 · Miscellaneous Maintenance	112.98		0.00		112.98		100.0%	
01-1816 · Building Maintenance	0.00		102,228.94		-102,228.94		0.0%	
01-1817 · Common Area Maintenance	2,250.89		16,141.41		-13,890.52		13.9%	
01-1818 · Fountain Maintenance & Chemical	699.43		6,887.00		-6,187.57		10.2%	
01-1820 · Contingency	0.00		29,312.06		-29,312.06		0.0%	
01-1825 · Mitigation Maintenance	25,316.94		0.00		25,316.94		100.0%	
01-1826 · Sidewalk Cleaning/Repair	4,842.42		6,456.56		-1,614.14		75.0%	
01-1827 · Streetlight	0.00		4,304.38		-4,304.38		0.0%	
Total Expense	220,137.79		457,096.36		-236,958.57		48.2%	
Net Income	78,862.87		0.00		78,862.87		100.0%	

08/31/23	Balance Sheet
Accrual Basis	As of July 31, 2023

Jul 31, 23
ASSETS
Current Assets
Checking/Savings		
01-1000 · Valley National 1114	52.57	
Total Checking/Savings	52.57	
Other Current Assets		
01-8200 · Due From CDD1	121,581.15	
Total Other Current Assets	121,581.15	
Total Current Assets	121,633.72	
TOTAL ASSETS	121,633.72	
LIABILITIES & EQUITY		
Equity
99-9999 · Retained Earnings	
42,770.85	
Net Income	78,862.87	
Total Equity	121,633.72	
TOTAL LIABILITIES & EQUITY	121,633.72