SOUTHERN GROVE COMMUNITY DEVELOPMENT DISTRICT NOS. 1-10

PORT ST. LUCIE REGULAR BOARD MEETING
MARCH 5, 2025
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
Tradition Town Hall 10799 SW Civic Lane Port St. Lucie, FL 34987 OR
Join Zoom Meeting: https://us02web.zoom.us/j/3341025011?omn=81437774199 Meeting ID: 334 102 5011
Dial In at: 1 929 436 2866 REGULAR BOARD MEETING
March 5th, 2025
10:30 a.m.

Call to Order
Proof of Publication…	Page 1
Establish Quorum
Additions or Deletions
Comments from the Public Not on the Agenda
Consent Items
Approval of February 5,2025, Regular Board Meeting Minutes	Page 2
Old Business
New Business
Consider Approving Temporary Drainage and Flowage Easement by Southern Grove CDD
No. 5…	Page 6
Administrative Matters
Manager’s Report
Attorney’s Report
Engineer’s Report
Financial Report	Page 15
Founder’s Report
Board Member Discussion Requests and Comments
Private Attorney-Client Session
Termination of the Private Attorney-Client Session
Adjourn

SOUTHERN GROVE COMMUNITY DEVELOPMENT DISTRICT NOS. 1-10 FISCAL YEAR 2024/2025 MEETING SCHEDULE

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 2, 2024*
November 6, 2024
December 4, 2024
*January 8, 2025*
February 5, 2025
March 5, 2025
*April 2, 2025*
May 7, 2025
June 4, 2025
*July 2, 2025*
August 6, 2025
September 3, 2025

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

*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.*

The meetings are open to the public and will be conducted in accordance with the provisions of Florida law for community development districts. Meetings may be continued to a date, time and place to be specified on the record. A copy of the agenda for the meetings 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.
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 one or more Supervisors may attend the meeting and be fully informed of the discussions taking place.
Any person requiring special accommodations at these meetings because of a disability or physical impairment should contact the District Office at 772-345-5119 and/or toll free at 1-877-737-4922 at least five calendar days prior to the meeting. If you are hearing or speech impaired, please contact the Florida Relay Service at 1-800-955-8770, who can aid you in contacting the District Office.
Each person who decides to appeal any action taken at a meeting is advised that they will need a record of the proceedings and that accordingly, the person may need to ensure that a verbatim record of the proceedings is made, including the testimony and evidence upon which such appeal is to be based.
Meetings may be cancelled from time to time without advertised notice.

SOUTHERN GROVE COMMUNITY DEVELOPMENT DISTRICT NOS. 1-10

www.southerngrovecdd1.org

SOUTHERN GROVE COMMUNITY DEVELOPMENT DISTRICT NO.’S 1-10
Tradition Town Hall 10799 SW Civic Lane OR
Join Zoom Meeting: https://us02web.zoom.us/j/3341025011?omn=81292507925 Meeting ID: 334 102 5011
Dial In at: 1 929 436 2866 REGULAR BOARD MEETING FEBRUARY 5, 2025
10:30 a.m.

CALL TO ORDER

The Regular Board Meeting of the Southern Grove Community Development District No’s. 1-10 of February 5, 2025, was called to order at 10:30 a.m. in the Tradition Town Hall located at 10799 SW Civic Lane, 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 September 22, 2024, as part of the Districts’ Fiscal Year 2024/2025 Meeting Schedule, as legally required.

ESTABLISH A QUORUM

It was determined that the attendance of the following Supervisors constituted a quorum in all Districts, and it was in order to proceed with the meeting.

CDD #’s 1-10			
Chairman/ Supervisor	Eric Sexauer: #1,2,3,5,9	Present	
Supervisor / Vice Chair	Karl Albertson: #1,2,3,4,5,6,9	Present	
Supervisor	Jonas Read: #1,2,3,9	Absent	
Supervisor / Vice Chair	William Pittsley: #1,2,5,9	Present	
Supervisor	Kevin Matyjaszek: #3,4,6,7,8,10	Present	
Supervisor / Vice Chair	Stephen Okiye: #7,8,10	Absent	
Supervisor	Tara Toto: #1,2,9	Present	
Chairman/Supervisor	Jennifer Davis: #3,4,6,7,8,10	Present	
Supervisor	Elijah Wooten: #7,8,10	Present	
Supervisor	Peter Crane: #7,8,10	Present	
VACANT SEATS	District No. 5: #1 & 3	-	
VACANT SEATS	District No. 6: #1 & 3	-	

Staff members in attendance were:

District Manager	Frank Sakuma	Special District Services, Inc.	
Assistant District Manager	Jesse Wargo	Special District Services, Inc.	
District Manager	Andrew Karmeris (via Zoom)	Special District Services, Inc.	

District Engineer	Stef Matthes	Culpepper and Terpening	
District Counsel	Susan Garrett	Torcivia, Donlon, Goddeau & Rubin, P.A.	
District Counsel	Ruth Holmes	Torcivia, Donlon, Goddeau & Rubin, P.A.	

Also present was: (See attached sign-in sheet)

RESIGNATIONS OF SUPERVISORS

A motion was made by CDD Nos. 4,6,7,8 & 10 Ms. Davis, seconded by Mr. Wooten accepting the resignation of David Graham. The motion passed unanimously.

APPOINTMENTS TO VACANT BOARD SEATS/ADMINISTER OATH OF OFFICE

A motion was made by CDD No. 3 Mr. Sexauer, seconded by Mr. Albertson appointing Mr. Matyjaszek to CDD District No. 3/Seat 1. The motion passed unanimously.

A motion was made by CDD Nos. 4,6,7,8 & 10 Ms. Davis, seconded by Mr. Wooten appointing Mr. Matyjaszek to CDD District Nos. 4,6,7,8 & 10/Seat No. 2. The motion passed unanimously.

Mr. Sakuma administered the Oath of Office and Mr. Matyaszek was seated.

RESOLUTION NO. 2025-04; ELECTION OF OFFICERS

Resolution No. 2025-04 was presented entitled:
RESOLUTION 2025-04
A RESOLUTION OF THE BOARD OF SUPERVISORS DESIGNATING THE OFFICERS OF SOUTHERN GROVE COMMUNITY DEVELOPMENT DISTRICT 3 AND PROVIDING FOR AN EFFECTIVE DATE.
A motion was made by CDD No. 3, Mr. Sexauer, seconded by Mr. Albertson adopting Resolution No. 2025-04, as presented. The motion passed unanimously.

RESOLUTION 2025-04

A RESOLUTION OF THE BOARD OF SUPERVISORS DESIGNATING THE OFFICERS OF SOUTHERN GROVE COMMUNITY DEVELOPMENT DISTRICT 4 AND PROVIDING FOR AN EFFECTIVE DATE.

RESOLUTION 2025-04

A RESOLUTION OF THE BOARD OF SUPERVISORS DESIGNATING THE OFFICERS OF SOUTHERN GROVE COMMUNITY DEVELOPMENT DISTRICT 6 AND PROVIDING FOR AN EFFECTIVE DATE.

RESOLUTION 2025-04

A RESOLUTION OF THE BOARD OF SUPERVISORS DESIGNATING THE OFFICERS OF SOUTHERN GROVE COMMUNITY DEVELOPMENT DISTRICT NO. 7 AND PROVIDING FOR AN EFFECTIVE DATE.

RESOLUTION 2025-04

A RESOLUTION OF THE BOARD OF SUPERVISORS DESIGNATING THE OFFICERS OF SOUTHERN GROVE COMMUNITY DEVELOPMENT DISTRICT NO. 8 AND PROVIDING FOR AN EFFECTIVE DATE.

RESOLUTION 2025-04

A RESOLUTION OF THE BOARD OF SUPERVISORS DESIGNATING THE OFFICERS OF SOUTHERN GROVE COMMUNITY DEVELOPMENT DISTRICT NO. 10 AND PROVIDING FOR AN EFFECTIVE DATE.

A motion was made by CDD Nos. 4,6,7,8&10, Ms. Davis, seconded by Mr. Wooten adopting Resolution No. 2025-04, as presented. The motion passed unanimously.

Mr. Stephen Okiye was elected as Vice Chair for CDD Nos. 7,8,&10.

ADDITIONS OR DELETIONS TO AGENDA

There were no additions or deletions to the agenda.

COMMENTS FROM THE PUBLIC FOR DISTRICT ITEMS NOT ON THE AGENDA
There were no comments from the public.
CONSENT ITEMS
Approval of January 8, 2025, Regular Board Meeting Minutes
Approve Southern Grove Corps of Engineer’s Permit 2025-2026 Mitigation Monitoring Maintenance Program

Approve and Ratify Partial Abandonment and Termination of Blanket Flowage Easement

Approval of WA #19-144-218; TIM Village Parkway Pathway-Phase SWM

Approval of WA #19-144-233; Southport Force Main Interconnect-Phase 3 Right of Way

A motion was made by CDD No. 1 Mr. Sexauer, seconded by Mr. Albertson, and passed unanimously by CDD No.1 approving all the above Consent Items, as presented.

OLD BUSINESS
There was no Old Business to come before the board.

NEW BUSINESS

There was no New Business to come before the board.

ADMINISTRATIVE MATTERS

Manager’s Report

There was no Manager’s Report at this time.

Attorney’s Report

District Attorney Susan Garrett advised that she would be retiring, and Ruth Holmes (Torcivia, Donlon, Goddeau & Rubin, P.A.) would be the new District Counsel effective April 2025.

Engineer’s Report

There was no Engineer’s Report at this time.

Financial Report

Mr. Sakuma advised that the financial report was provided, and Mr. Karmeris was present via Zoom to answer any questions. Mr. Karmeris indicated that 90% of the assessments had been received.

Founder’s Report

There was no Founder’s Report at this time.

BOARD MEMBER COMMENTS

There were no Board comments.

ADJOURNMENT

There being no further business to come before the Boards, Mr. Sexauer made a motion, seconded by Mr. Albertson adjourning the meeting at 10:41 a.m. There were no objections.

Secretary (B. Frank Sakuma, Jr.)	Chair/Vice-Chair

Print Signature	Print Signature

Southern Grove Community District Nos. 1-10

MEMORANDUM

To:	Board of Supervisors
From: Jesse Wargo, Assistant District Manager
Date: February 20, 2025

Board Meeting Date:	March 5, 2025

SUBJECT

Consider Approving Temporary Drainage and Flowage Easement by Southern Grove COD No.5.

STAFF RECOMMENDATION

Staff recommends approval of the Temporary Drainage and Flowage Easement by Southern Grove COD No.5. This action is necessary for the continued development of Southern Grove.

GENERAL INFORMATION

Saint Matilda, LLC. shall maintain the Easement Premises at its sole cost and expense.

DISTRICT LEGAL COUNSEL REVIEW

Approved by District Attorney, Susan Garrett.

FUNDING REVIEW
No impact on budget.

1

Prepared by and return to:
Saint Matilda, LLC
17111 Biscayne Blvd., Suite 2105 North Miami Beach, FL 33160

TEMPORARY DRAINAGE AND FLOWAGE EASEMENT
THIS DRAINAGE AND FLOWAGE EASEMENT (“Easement”) is made by and between SAINT MATILDA, LLC, a Florida limited liability company ("Grantor"), whose address is 1711 Biscayne Boulevard, Suite 2105, North Miami Beach, Florida 33160 and SOUTHERN GROVE COMMUNITY DEVELOPMENT DISTRICT NO. 5, a community
development district established in accordance with Chapter 190, Florida Statutes (“Grantee”), whose address is c/o Special District Services, Inc., 2501 A Burns Road, Palm Beach Gardens, Florida 33410.

(Wherever used herein the terms “Grantor” and “Grantee” shall include all parties to this instrument and their respective heirs, legal representatives, successors and assigns.)
WITNESSETH:
Grantor is the owner in fee simple of that certain real property legally described as Lot 2, Southern Grove Plat No. 46, as recorded in Plat Book 125, Page 17, of the Public Records of St. Lucie County, Florida.

Grantor, for good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, hereby conveys, grants, bargains and sells unto the Grantee, a temporary easement for surface water drainage from WMA-1, Southern Grove Plat No. 46, as recorded in Plat Book 125, Page 17, of the Public Records of St. Lucie County, Florida (the “WMA-1”), on the following real property located in St. Lucie County, Florida, and more particularly described in Exhibit “A” attached hereto and incorporated herein (the “Easement Premises”).

Grantor shall maintain the Easement Premises at its sole cost and expense. If flowage is obstructed, Grantee shall have the right to take action in compliance with appliable laws necessary to maintain the Easement Premises in the event Grantor shall fail to maintain upon thirty (30) days written notice to Grantor.

Nothing contained herein shall be deemed to be a gift or dedication of any portion of the real property described herein to the general public or for general public purposes whatsoever, it being the intention of the parties that this Easement and the rights granted herein shall be strictly limited to and for the purposes herein expressed. No other person or entity shall be deemed a beneficiary of the terms of this Easement, unless specifically provided for herein.

Grantor and Grantee acknowledge and agree that this Easement shall be amended upon the establishment of the permanent location of the Easement Premises (“Permanent Flowage Easement”). This Easement shall automatically terminate upon the creation of the Permanent Flowage Easement. The Permanent Flowage Easement shall be recorded in the Public Records of St. Lucie County, Florida.

IN WITNESS WHEREOF, SAINT MATILDA, LLC, has caused this Easement to be executed by its authorized representative.

Witnesses:	SAINT MATILDA, LLC,
a Florida limited liability company

By:		 Printed Name:		Name: 		 Address:	 	Its:	

Printed Name:	 Address:	

STATE OF FLORIDA COUNTY OF 	

The foregoing instrument was acknowledged before me by means of ☐ physical presence or ☐ online notarization this   day of 	 2025, by 	, as 	 of SAINT MATILDA, LLC, and on behalf of SAINT MATILDA, LLC, who is [ ] personally known to me, or who has [ ] produced the following identification 	 .

Signature of Notary Public

NOTARY SEAL/STAMP

Name: 	

Notary Public, State of Florida
My Commission expires 	

IN WITNESS WHEREOF, SOUTHERN GROVE COMMUNITY DEVELOPMENT
DISTRICT NO. 5, has caused this Easement to be executed by its authorized representative.

Witnesses:	SOUTHERN GROVE COMMUNITY DEVELOPMENT DISTRICT NO. 5, a community
development district established in accordance with Chapter 190, Florida Statutes

By:	 Printed Name:		Name:		 Address:	 	Its:		 

Printed Name:	 Address:	

STATE OF FLORIDA COUNTY OF 	

The foregoing instrument was acknowledged before me by means of ☐ physical presence or ☐ online notarization this    day of 	 2025, by 	, as
	 of the SOUTHERN GROVE COMMUNITY DEVELOPMENT DISTRICT NO. 5, and on behalf of SOUTHERN GROVE COMMUNITY DEVELOPMENT DISTRICT NO. 5, who is [ ]
personally	known	to	me,	or	who	has	[	]	produced	the	following	identification
	.

Signature of Notary Public

NOTARY SEAL/STAMP

Name: 	

Notary Public, State of Florida
My Commission expires 	

JOINDER

The Port St. Lucie Governmental Finance Corporation, a not-for-profit corporation, and its successor and assigns, as the owner of WMA-1, joins in the execution of the foregoing Drainage and Flowage Easement for the purpose of evidencing its consent to same.

PORT ST. LUCIE GOVERNMENTAL FINANCE
CORPORATION, a Florida not for profit corporation

By:		 Jesus Merejo, CEO

Date:	

Exhibit A Easement Premises

DESCRIPTION NOT VALID WITHOUT SKETCH.

THIS IS NOT A SURVEY
EXHIBIT "	"

PORT SAINT LUCIE OFFICE 10250 SW VILLAGE PARKWAY SUITE 201
PORT SAINT LUCIE, FL 34987
 772-462-2455
 www.edc-inc.com

ENGINEERS	SURVEYORS ENVIRONMENTAL
F.B.P.E. CERTIFICATE OF AUTHORIZATION 9935
L.B. CERTIFICATE OF AUTHORIZATION 8098

12

THIS IS NOT A SURVEY
EXHIBIT "	"

PORT SAINT LUCIE OFFICE 10250 SW VILLAGE PARKWAY SUITE 201
PORT SAINT LUCIE, FL 34987
 772-462-2455
 www.edc-inc.com

ENGINEERS	SURVEYORS ENVIRONMENTAL
F.B.P.E. CERTIFICATE OF AUTHORIZATION 9935
L.B. CERTIFICATE OF AUTHORIZATION 8098

13

THIS IS NOT A SURVEY
MAP CHECK

PORT SAINT LUCIE OFFICE 10250 SW VILLAGE PARKWAY SUITE 201
PORT SAINT LUCIE, FL 34987
 772-462-2455
 www.edc-inc.com

ENGINEERS	SURVEYORS ENVIRONMENTAL
F.B.P.E. CERTIFICATE OF AUTHORIZATION 9935
L.B. CERTIFICATE OF AUTHORIZATION 8098

14

Southern Grove Community Development Districts #1-10

Financial Report Fiscal Year 2024/2025
October 1, 2024 - January 31, 2025

15

FINANCIAL REPORT
SOUTHERN GROVE COMMUNITY DEVELOPMENT DISTRICTS #1-10 RECAP FISCAL YEAR 2024/2025
OCTOBER 1, 2024 - JANAURY 31, 2025

	FISCAL YEAR	FISCAL YEAR					
	2024/2025	10/01/24 - 01/31/25		% Of			
	FINAL BUDGET	ACTUALS		Budget			
REVENUES	 					

ON-ROLL ASSESSMENTS - DEBT (Combined)	3,259,002	2,941,346			90%		
BOND PREPAYMENTS	0	56,720			0%		
ON-ROLL ASSESSMENTS - Administrative	749,202	695,121			93%		
ON-ROLL ASSESSMENTS - Maintenance	1,490,572	1,382,975			93%		
OTHER INCOME (Eng Rev, Interest, Application	110,000	247,282			225%		
STORMWATER	1,000,000	1,138,246			114%		

Total Revenues	$	6,608,775	$	6,461,689			98%		

EXPENDITURES - ADMIN	 					

ARBITRAGE FEE	6,500	0			0%		
AUDIT	60,000	0			0%		
DISSEMINATION AGENT	4,000	0			0%		
DISTRICT COUNSEL	60,000	25,207			42%		
MANAGEMENT	74,216	24,739			33%		
CONSULTING FEE	0	1,375			0%		
ASSESSMENT ROLL	6,000	0			0%		
TIF/SAD REBATE ANALYSIS	110,000	0			0%		
DUES, LICENSES & FEES	1,750	1,750			100%		
ENGINEERING	175,000	98,875			56%		
GENERAL INSURANCE	65,000	61,009			94%		
WEB SITE MAINTENANCE	7,500	2,250			30%		
LEGAL ADVERTISING	5,300	197			4%		
TRAVEL AND PER DIEM	600	113			19%		
OFFICE SUPPLIES	1,400	389			28%		
OFFICE RENT	22,000	4,946			22%		
POSTAGE & SHIPPING	1,000	84			8%		
COPIES	2,500	0			0%		
SUPERVISOR FEES	24,000	0			0%		
CONTINGENCY ADMIN	50,000	23,485			47%		
CONTINUING DISCLOSURE	0	0			0%		
TRUSTEE SERVICES	12,500	8,278			66%		
TOTAL ADMIN EXPENSES	689,266	252,696			37%		

EXPENDITURES - MAINT						

AQUATIC MAINTENANCE	100,000	18,802			19%		
BULDING MAINTENANCE	200,000	0			0%		
COMMUNITY AREA MAINTENANCE	75,000	33,114			44%		
TIM OPERATIONS	750,000	0			0%		
CONTINGENCY	150,000	0			0%		
DEVELOPMENT COORDINATOR	32,411	10,803			33%		
ELECTRIC	25,000	377			2%		
ENGINEERING - MAINT.	175,000	0			0%		
FIELD MANAGEMENT	75,000	25,000			33%		
FOUNTAIN MAINTENANCE & CHEMICALS	4,000	1,280			32%		
IRRIGATION PARTS & REPAIRS	20,000	4,305			22%		
IRRIGATION WATER	2,000	0			0%		
LANDSCAPE MAINTENANCE	331,000	127,671			39%		
SIDEWALK CLEANING AND REPAIR	30,000	7,500			25%		
SIGNAGE	10,000	0			0%		
STORMWATER MAINTENANCE	431,915	46,070			11%		
STREETLIGHT MAINTENANCE AND REPAIR	20,000	0			0%		
TREE/PLANT REPLACEMENT & TRIM	50,000	0			0%		
TOTAL MAINTENANCE EXPENSES	2,481,326	274,922			11%		

 					
Total Expenditures	$	3,170,592	$	527,618			17%		

	 

EXCESS / (SHORTFALL)	$	3,438,184	$	5,934,071			173%		

PAYMENT TO TRUSTEE	 

(2,998,282)	(2,716,496)			
91%		
PREPAYMENTS TO TRUSTEE	-	(56,720)					

BALANCE	$	439,902	$	3,160,855					

COUNTY APPRAISER & TAX COLLECTOR FEE	 
(219,951)	(206,294)			94%		
DISCOUNTS FOR EARLY PAYMENTS	(219,951)	(199,770)			91%		

NET EXCESS / (SHORTFALL)	$	-	$	2,754,790					

11:31 AM	Southern Grove CDD 1
02/25/25	Balance Sheet
Accrual Basis	As of January 31, 2025

Jan 31, 25

ASSETS
Current Assets Checking/Savings		
01-1000 · Valley National 1068	7,846,386.86	
01-1001 · Valley Bank-Special Bond Acct	2,235,056.83	
1072 · Bill.com Money Out Clearing	-6,000.01	
Total Checking/Savings	10,075,443.68	
Accounts Receivable		
01-1200 · Accounts Receivable	94,872.56	
Total Accounts Receivable	94,872.56	
Total Current Assets	10,170,316.24	
Other Assets		
01-8122 · A/R St Lucie County Excess Fees	-2,978.00	
Total Other Assets	-2,978.00	
TOTAL ASSETS	10,167,338.24	
LIABILITIES & EQUITY		
Liabilities
Current Liabilities Accounts Payable
01-2020 · Accounts Payable	

2,804,280.48	
Total Accounts Payable	2,804,280.48	
Other Current Liabilities		
01-2024 · Due To Other Gov Units-Fishkind	750.02	
01-2025 · Deposits - Engr Deposit	33,893.55	
01-2026 · Deferred Revenue - SAD/TIF	65,640.88	
01-2027 · Due to CDD2	42,496.09	
01-2028 · Due to CDD3	38,835.34	
01-2029 · Due to CDD4	121,259.32	
01-2030 · Due to CDD5	1,754,513.22	
01-2031 · Due to CDD6	41,676.52	
01-2032 · Due to CDD7	36,443.64	
01-2033 · Due to CDD8	27,995.67	
01-2034 · Due to CDD9	-6,330.91	
01-2035 · Due to CDD10	29,222.12	
01-2051 · AP Other - Future Bonds	963,719.38	
Total Other Current Liabilities	3,150,114.84	
Total Current Liabilities	5,954,395.32	
Total Liabilities	5,954,395.32	
Equity		
30000 · Opening Balance Equity	206,446.32	
99-9999 · Retained Earnings	1,251,706.42	
Net Income	2,754,790.18	
Total Equity	4,212,942.92	
TOTAL LIABILITIES & EQUITY	10,167,338.24	

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