Davenport Road South Community Development District
12051 Corporate Boulevard, Orlando, FL 32817; 407.723.5900
www.davenportroadsouthcdd.com

The following is the proposed agenda for the Board of Supervisors’ Meeting for the Davenport Road South Community Development District, scheduled to be held Wednesday, July 22, 2020 at 9:45
a.m. via conference call due to the Executive Order 20-150 extending COVID-19 Executive Order 20-69. Attached to this Agenda is a copy of the Executive Order 20-150. The attendance of three Board Members is required to constitute a quorum. Questions or comments on the Board Meeting or proposed agenda may be addressed to Jane Gaarlandt at gaarlandtj@pfm.com or (407) 723-5900.

To attend the meeting, please use the below conference call information:
Call-in Number:	1-844-621-3956
Access Code:	790 393 986 #
PROPOSED BOARD OF SUPERVISORS’ MEETING AGENDA

Administrative Matters
Roll Call to Confirm Quorum
Public Comment Period [for any members of the public desiring to speak on any proposition before the Board]
Consideration of the Minutes of the May 15, 2020 Board of Supervisors’ Meeting
Consideration of Resolution 2020-08, Designating Dates, Times and Locations for Regular Meetings for FY 2021

Business Matters
Public Hearing on the Adoption of the District’s Fiscal Year 2020-2021 Budget
Public Comments and Testimony
Board Comments
Consideration of Resolution 2020-09, Adopting a Fiscal Year 2020-2021 Budget and Appropriating Funds
Public Hearing on the Imposition of Special Assessments to Fund the District’s Fiscal Year 2020-2021 Budget
Public Comments and Testimony
Board Comments
Consideration of Resolution 2020-10, Adopting an Assessment Roll for Fiscal Year 2020-2021 and Certifying Special Assessments for Collection
Public Hearing on the Adoption of Rules Relating to Overnight Parking and Traffic Enforcement
Public Comments and Testimony
Board Comments
Consideration of Resolution 2020-11, Adopting Rules Relating to Overnight Parking and Traffic Enforcement
Consideration of PFM Fee Letter

Consideration of First Amendment to Agreement between the District and VGlobalTech for Website Maintenance Services
Consideration of Proposal for ADA Compliant Access Ramp (provided under separate cover)
Consideration of Proposal for Pool Gate Extension (provided under separate cover)
Ratification of Temporary Amendment to the Agreement between the District and Fuqua Janitorial Services for Janitorial Maintenance Services
Ratification of Landscape Maintenance Agreement between the District and Prince and Sons, Inc.
Review of Fiscal Year 2019 Audited Financial Report
Ratification of Payment Authorization Nos. 55 - 64
Review of Monthly Financials

Other Business Staff Reports
District Counsel District Engineer District Manager
Field Management Update

Supervisor Requests and Audience Comments Adjournment

STATE OF FLORIDA
OFFICE OF THE GOVERNOR EXECUTIVE ORDER NUMBER 20-150
(Emergency Management- COVID-19- Local Government Public Meetings)

WHEREAS, Executive Order 20-69, as extended by Executive Order 20-112, Executive Order 20-123 and Executive Order 20-139, expires on June 30, 2020, unless extended.
NOW, THEREFORE, I, RON DESANTIS, as Governor of Florida, by virtue of the authority vested in me by Article IV, Section (l )(a) of the Florida Constitution, Chapter 252, Florida Statutes, and all other applicable laws , promulgate the following Executive Order to take immediate effect:
Section 1. I hereby extend Executive Order 20-69, as extended by Executive Orders 20- 121 , 20-123 and 20-139, until 12:01 a.m. on August 1, 2020.

IN TESTIMONY WHEREOF, I have hereunto set my hand and caused the Great Seal of the State of Florida to be affixed, at Tallahassee, this 23rd day o	e, 2020.

ATTEST:

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Davenport Road South Community Development District

Minutes

MINUTES OF MEETING

DAVENPORT ROAD SOUTH COMMUNITY DEVELOPMENT DISTRICT BOARD OF SUPERVISORS’ MEETING
Wednesday May 20, 2020 at 9:47 a.m.
Via telephonic conferencing due to the COVID-19 Executive Orders 20-52, 20-69, & 20-112.

Board Members present at roll call:

Rennie Heath	Chair	(via phone)	
Scott Shapiro	Vice-Chair	(via phone)	
Lauren Schwenk	Assistant Secretary	(via phone)	
Andrew Rhinehart	Assistant Secretary	(via phone)	
Patrick Marone	Assistant Secretary	(via phone)	

Also Present:

Roy Van Wyk	Hopping Green & Sams, P.A.	(via phone)	
Jane Gaarlandt	PFM Group Consulting LLC	(via phone)	
Christina Hanna	PFM Group Consulting. LLC	(via phone)	
Amanda Lane	PFM Group Consulting, LLC	(via phone)	
Jennifer Glasgow	PFM Group Consulting, LLC	(via phone)	
Dexter Glasgow	PFM Group Consulting, LLC	(via phone)	

FIRST ORDER OF BUSINESS	Call to Order and Roll Call

The meeting was called to order approximately at 9:47 a.m. Those in attendance are outlined above.

SECOND ORDER OF BUSINESS	Public Comment Period

There were no public comments at this time.

THIRD ORDER OF BUSINESS	Consideration of the Minutes of the February 19, 2020 Board of Supervisors’ Meeting

The Board reviewed the Minutes of the February 19, 2020 Board of Supervisors’ Meeting.

On MOTION by Mr. Heath, seconded by Mr. Rhinehart, with all in favor, the Board approved the Minutes of the February 19, 2020 Board of Supervisors’ Meeting.

FOURTH ORDER OF BUSINESS	Review of Registered Voters

Ms. Gaarlandt stated as of April 15, 2020 the District had 139 voters living in the District.

FIFTH ORDER OF BUSINESS	Consideration of Resolution 2020-06, Approving a Proposed Budget for Fiscal Year 2020-2021 and Setting a Public Hearing Date Thereon

Ms. Gaarlandt suggested the Public Hearing Date be set for July 22, 2020. That will give the District 60 days notification for the Public Hearing. Mr. Heath asked Ms. Gaarlandt to go over the items in the agenda and highlight the increases and decreases.

Ms. Gaarlandt explained the increases and decreases to the Budget. Ms. Lane stated the percentage of contribution from Highland Meadows is 52% of the Amenity and it has not been updated for the current year. It will not change the net revenue but it will change the amount of the assessments. The amount of the contribution is going to be $59,004.84 and it changes the on-roll assessments to $26,3374.16. A discussion took place regarding the lease agreements. The overall Budget is $322,379.00. Ms. Lane repeated the assessments based on that amount. The amount per unit is a gross amount of $767.47 and the net amount is $713.75 and an overall on roll assessment amount of $263,374.16. Ms. Gaarlandt explained the budget cannot be increased after today but it can be adjusted lower.

On MOTION by Mr. Heath, seconded by Ms. Schwenk, with all in favor, the Board approved Resolution 2020-06, Approving a Proposed Budget for Fiscal Year 2020-2021 and Setting the Public Hearing for July 22, 2020

SIXTH ORDER OF BUSINESS	Consideration of Resolution 2020-07, Setting Public Hearing to Adopt Parking and Towing Policies
Rules Relating to Overnight Parking and Parking Enforcement
Notices for Publication

The Board reviewed the parking and towing policies. Ms. Gaarlandt suggested July 22, 2020 as the Public Hearing date

On MOTION by Mr. Heath, seconded by Mr. Rhinehart, with all in favor, the Board approved Resolution 2020-07, Setting Public Hearing to Adopt Parking and Towing Policies.

SEVENTH ORDER OF BUSINESS	Consideration of Proposal for ADA Compliant Access Ramp

Mr. Glasgow was hoping to have Mr. Wood on the call this morning with his final recommendation but he had a conflict. The only company the Board and District staff is familiar with is Ankleman but he was waiting to see of Mr. Wood had input on that. Mr. Glasgow would like to get a proposal from Ankleman and will reach out to Mr. Wood for two other proposals. Ms. Schwenk agreed. The district will bring proposals back for the next meeting.

EIGHTH ORDER OF BUSINESS	Consideration	of	Proposal(s)	for Security

Mr. Glasgow received two proposals for security. One if from Allied and the second one is Freemen Security. Mr. Glasgow recommended security to enforce social distancing rules. He recommended unarmed officers. It would cost approximately $16.75 per hour.

Ms. Gaarlandt noted the District has $5,000.00 Budgeted for Security and asked Mr. Glasgow if he thinks that is sufficient. Mr. Glasgow replied it should be sufficient but it depends on how many days per week the Board wants security. A discussion took place about Phase 1 guidelines and making the decision to wait until Phase 2 of State opening. The District will need to be prepared with something in place. Mr. Glasgow recommended starting the first week of the Amenity opening with security 7 days per week and cut it back if the District finds out they don’t need that. Mr. Glasgow worked with Freeman Security on other sites and recommended them as the Security company.

On MOTION by Ms. Schwenk, seconded by Mr. Rhinehart, with all in favor, the Board approved the Freeman Security proposal for 7 days per week.

NINTH ORDER OF BUSINESS	Consideration	of	Proposal(s)	for Landscape Maintenance

Page 3 of 5

Mr. Glasgow stated the District was notified by Creative Association Services that they would no longer be able to maintain the property at Davenport. There is a proposal from Prince in the agenda package. Mr. Glasgow recommended them. They could start this week if the District needed.

On MOTION by Ms. Schwenk, seconded by Mr. Heath, with all in favor, the Board approved the proposal for Landscape Maintenance from Prince.

TENTH ORDER OF BUSINESS	Ratification of Payment Authorization Nos. 43 - 54

The Board reviewed payment authorizations numbers 43 – 54.

On MOTION by Mr. Heath, seconded by Mr. Rhinehart, with all in favor, the Board ratified Payment Authorization Nos. 43 – 54.

ELEVENTH ORDER OF BUSINESS	Review of Monthly Financials

The Board reviewed the monthly financials through April 31, 2020. There was no action required by the Board.

TWELFTH ORDER OF BUSINESS	Staff Reports

District Counsel –	No Report District Engineer –	Not Present District Manager –	No Report

THRITEENTH ORDER OF BUSINESS	Supervisor Requests and Audience
Comments

There were no Supervisor requests or audience comments.

FOURTEENTH ORDER OF BUSINESS	Adjournment

There were no other questions or comments. Ms. Gaarlandt requested a motion to adjourn.

ON MOTION by Mr. Heath, seconded by Mr. Rhinehart, with all in favor, the May 20, 2020 Board of Supervisors’ Meeting for the Davenport Road South Community Development District was adjourned.

 	_ 	_	_ 	_ 	
Secretary / Assistant Secretary	Chairman / Vice Chairman

Davenport Road South Community Development District

District’s Fiscal Year 2020-2021 Budget

Davenport Road South Community Development District

Resolution 2020-08

RESOLUTION 2020-08

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE DAVENPORT ROAD SOUTH COMMUNITY DEVELOPMENT DISTRICT ADOPTING THE ANNUAL MEETING SCHEDULE FOR FISCAL YEAR 2020-2021; AND PROVIDING FOR AN EFFECTIVE DATE.

WHEREAS, the Davenport Road South Community Development District (the “District”) is a local unit of special-purpose government created and existing pursuant to Chapter 190, Florida Statutes, and situated entirely within the City of Davenport, Florida; and

WHEREAS, the District is required by Section 189.015, Florida Statutes, to file quarterly, semi-annually, or annually a schedule (including date, time, and location) of its regular meetings with local governing authorities; and

WHEREAS, further, in accordance with the above-referenced statute, the District shall also publish quarterly, semi-annually, or annually the District’s regular meeting schedule in a newspaper of general paid circulation in the county in which the District is located; and

WHEREAS, the Board desires to adopt the Fiscal Year 2020-2021 annual meeting schedule attached as Exhibit A.

NOW THEREFORE BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE DAVENPORT ROAD SOUTH COMMUNITY DEVELOPMENT DISTRICT:

SECTION 1. The Fiscal Year 2020-2021 annual meeting schedule attached hereto and incorporated by reference herein as Exhibit A is hereby approved and shall be published in accordance with the requirements of Florida law and also provided to applicable governing authorities.

SECTION 2. This Resolution shall become effective immediately upon its adoption.

PASSED AND ADOPTED this 22nd day of July, 2020.

ATTEST:	DAVENPORT ROAD SOUTH COMMUNITY DEVELOPMENT DISTRICT

Secretary/Assistant Secretary	Chairperson, Board of Supervisors

Exhibit A:	Fiscal Year 2020-2021 Annual Meeting Schedule

Exhibit A

BOARD OF SUPERVISORS MEETING DATES DAVENPORT ROAD SOUTH
COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2020-2021

The Board of Supervisors of the Davenport Road South Community Development District will hold their regular meetings for Fiscal Year 2020-2021 at the Holiday Inn Winter Garden, 200 Cypress Gardens Boulevard, Winter Haven,, Florida 33880, at 9:45 a.m., unless otherwise indicated as follows:

October 21, 2020
November 18, 2020
December 16, 2020
January 20, 2021
February 17, 2021
March 17, 2021
April 21, 2021
May 19, 2021
June 16, 2021
July 21, 2021
August 18, 2021
September 15, 2021

The meetings are open to the public and will be conducted in accordance with the provision of Florida Law for Community Development Districts. The meetings may be continued to a date, time, and place to be specified on the record at the meeting. A copy of the agenda for these meetings may be obtained from PFM Group Consulting LLC or by calling (407) 723-5900.

There may be occasions when one or more Supervisors or staff will participate by telephone. Pursuant to provisions of the Americans with Disabilities Act, any person requiring special accommodations at this meeting because of a disability or physical impairment should contact the District Office at (407) 841-5524 at least 48 hours prior to the meeting. If you are hearing or speech impaired, please contact the Florida Relay Service by dialing 7-1-1, or 1-800-955-8771 (TTY) / 1-800-955-8770 (Voice), for aid in contacting the District Office.

A person who decides to appeal any decision made at the meeting with respect to any matter considered at the meeting is advised that person 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.

District Manager

Davenport Road South Community Development District

Resolution 2020-09

RESOLUTION 2020-09

THE ANNUAL APPROPRIATION RESOLUTION OF THE DAVENPORT ROAD SOUTH COMMUNITY DEVELOPMENT DISTRICT (“DISTRICT”) RELATING TO THE ANNUAL APPROPRIATIONS AND ADOPTING THE BUDGET(S) FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2020, AND ENDING SEPTEMBER 30, 2021; AUTHORIZING BUDGET AMENDMENTS; AND PROVIDING AN EFFECTIVE DATE.

WHEREAS, the District Manager has, prior to the fifteenth (15th) day in June, 2020, submitted to the Board of Supervisors (“Board”) of the Davenport Road South Community Development District (“District”) proposed budget(s) (“Proposed Budget”) for the fiscal year beginning October 1, 2020 and ending September 30, 2021 (“Fiscal Year 2020/2021”) along with an explanatory and complete financial plan for each fund of the District, pursuant to the provisions of Section 190.008(2)(a), Florida Statutes; and

WHEREAS, at least sixty (60) days prior to the adoption of the Proposed Budget, the District filed a copy of the Proposed Budget with the local governing authorities having jurisdiction over the area included in the District pursuant to the provisions of Section 190.008(2)(b), Florida Statutes; and

WHEREAS, the Board set 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, the District Manager posted the Proposed Budget on the District’s website at least two days before the public hearing; and

WHEREAS, Section 190.008(2)(a), Florida Statutes, requires that, prior to October 1st 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 District during the ensuing fiscal year; and

WHEREAS, the District Manager has prepared a Proposed Budget, whereby the budget shall project the 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 THE DAVENPORT ROAD SOUTH COMMUNITY DEVELOPMENT DISTRICT:

SECTION 1. BUDGET

The Board has reviewed the Proposed Budget, a copy of which is on file with the office of the District Manager and at the District’s Local Records Office, and hereby

The Proposed Budget, attached hereto as Exhibit “A,” as amended by the Board, is hereby adopted in accordance with the provisions of Section 190.008(2)(a), Florida Statutes (“Adopted Budget”), and incorporated herein by reference; 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.

The Adopted Budget, as amended, shall be maintained in the office of the District Manager and at the District’s Local Records Office and identified as “The Budget for the Davenport Road South Community Development District for the Fiscal Year Ending September 30, 2021.”

The Adopted Budget shall be posted by the District Manager on the District’s official website within thirty (30) days after adoption, and shall remain on the website for at least 2 years.

SECTION 2.	APPROPRIATIONS

There is hereby appropriated out of the revenues of the District, for Fiscal Year 2020/2021, the sum of $937,220.62 to be raised by the levy of assessments and/or otherwise, which sum is deemed by the Board to be necessary to defray all expenditures of the District during said budget year, to be divided and appropriated in the following fashion:

TOTAL GENERAL FUND	$325,783.12	
DEBT SERVICE FUND(S)	$611,437.50	
TOTAL ALL FUNDS

SECTION 3.	BUDGET AMENDMENTS	$937,220.62	

Pursuant to Section 189.016, Florida Statutes, the District at any time within Fiscal Year 2020/2021 or within 60 days following the end of the Fiscal Year 2020/2021 may amend its Adopted Budget for that fiscal year as follows:

The Board may authorize an increase or decrease in line item appropriations within a fund by motion recorded in the minutes if the total appropriations of the fund do not increase.

The District Manager or Treasurer may authorize an increase or decrease in line item appropriations within a fund if the total appropriations of the fund do not increase and if the aggregate change in the original appropriation item does not

By resolution, the Board may increase any appropriation item and/or fund to reflect receipt of any additional unbudgeted monies and make the corresponding change to appropriations or the unappropriated balance.

Any other budget amendments shall be adopted by resolution and consistent with Florida law.

The District Manager or Treasurer must establish administrative procedures to ensure that any budget amendments are in compliance with this Section 3 and Section 189.016, Florida Statutes, among other applicable laws. Among other procedures, the District Manager or Treasurer must ensure that any amendments to budget under subparagraphs c. and d. above are posted on the District’s website within 5 days after adoption and remain on the website for at least 2 years.

SECTION 4. EFFECTIVE DATE. This Resolution shall take effect immediately upon adoption.

PASSED AND ADOPTED THIS 22ND DAY OF JULY, 2020.

ATTEST:	DAVENPORT ROAD SOUTH COMMUNITY DEVELOPMENT DISTRICT

Secretary/Assistant Secretary

By:	 Its: 	

Davenport Road South CDD
FY 2021 Proposed O&M Budget

Actual Through 06/30/2020

Anticipated July
- Sept.

Anticipated Total FY 2020

FY 2020
Adopted Budget

FY 2021
Proposed Budget

Revenues

On-Roll Assessments	$ 267,937.07	$	-	$ 267,937.07	$ 263,021.00	$ 263,374.16	
Contribution from HM West	59,358.00	-	59,358.00	59,358.00	62,408.96	
Other Income & Other Financing Sources	136.37	-	136.37	-	-	

Net Revenues	$     327,431.44	$	-	$ 327,431.44		$ 322,379.00		$ 325,783.12	
eneral & Administrative Expenses
Supervisor Fees	$	3,600.00	$	3,000.00	$	6,600.00	$	6,000.00	$	12,000.00	
D&O Insurance	2,537.00	-	2,537.00	2,800.00	2,800.00	
Trustee Services	3,717.38	-	3,717.38	6,000.00	6,000.00	
Management	15,000.00	5,000.00	20,000.00	20,000.00	30,000.00	
Field Management	246.94	1,553.06	1,800.00	1,800.00	1,800.00	
Engineering	312.50	9,687.50	10,000.00	10,000.00	10,000.00	
Dissemination Agent	5,000.00	-	5,000.00	5,000.00	5,000.00	
District Counsel	9,953.50	10,046.50	20,000.00	20,000.00	20,000.00	

G

Assessment Administration	7,500.00	-	7,500.00	7,500.00	7,500.00	
Reamortization Schedules	-	250.00	250.00	250.00	250.00	
Audit	5,500.00	500.00	6,000.00	6,000.00	6,000.00	
Travel and Per Diem	30.48	-	30.48	-	-	
Telephone	-	200.00	200.00	200.00	200.00	
Postage & Shipping	599.95	199.98	799.93	300.00	300.00	
Copies	50.10	449.90	500.00	500.00	500.00	
Legal Advertising	1,705.27	1,294.73	3,000.00	3,000.00	3,000.00	
Miscellaneous	1,300.70	433.57	1,734.27	1,100.00	1,100.00	
Web Site Maintenance	1,200.00	1,700.00	2,900.00	2,900.00	2,700.00	
Dues, Licenses, and Fees	175.00	-	175.00	250.00	175.00	
Contingency	200.00	9,217.50	9,417.50	19,124.20	13,602.48	
Storm Cleanup & Repairs	-	7,500.00	7,500.00	7,500.00	7,500.00	

General Insurance	$	3,296.00	$	-	$	3,296.00	$	3,400.00	$	3,800.00	
Irrigation	3,407.22		4,592.78		8,000.00		8,000.00		8,000.00	
Landscaping Maintenance	34,725.00		275.00		35,000.00		35,000.00		28,680.00	
Landscaping Improvements - Mulch & Flowers	-		12,500.00		12,500.00		12,500.00		12,500.00	
Fertilization	-		5,616.00		5,616.00		5,616.00		5,616.00	
Contingency	360.00		4,974.00		5,334.00		5,334.00		5,334.00	
Streetlights	2,794.18		15,360.62		18,154.80		18,154.80		18,154.80	
Total Field Expenses	$	44,582.40		$	43,318.40		$	87,900.80		$	88,004.80		$	82,084.80	

Total General & Administrative Expenses Field Expenses

$	58,628.82

$	51,032.74

$ 109,661.56

$ 120,224.20

$ 130,427.48

Cabana & Pool Expenses

Janitorial Service	$	6,290.00		$	8,710.00		$	15,000.00		$	15,000.00		$	15,000.00	
Playground Lease	21,973.29		7,324.43		29,297.72		20,000.00		27,000.84	
Security	4,580.00		1,950.00		6,530.00		7,500.00		5,000.00	
Electric	20,262.23		6,754.08		27,016.31		20,000.00		20,000.00	
Pool and Cabana Water	882.00		6,618.00		7,500.00		7,500.00		2,000.00	
Internet	1,320.23		440.08		1,760.31		900.00		1,620.00	
Property & Casualty	8,445.00		1,555.00		10,000.00		10,000.00		10,000.00	
Contingency	-		7,500.00		7,500.00		7,500.00		7,500.00	
Equipment Repair & Maintenance	214.20		4,785.80		5,000.00		5,000.00		5,000.00	
Pest Control	433.35		566.65		1,000.00		1,000.00		600.00	
Signage & Amenities Repair	-		750.00		750.00		750.00		750.00	
Pool Maintenance	15,500.00		3,500.00		19,000.00		19,000.00		19,000.00	
Total Cabana & Pool Expenses	$	79,900.30		$	50,454.03		$ 130,354.33		$ 114,150.00		$ 113,470.84	
Total Expenses	$ 183,111.52		$ 144,805.17		$ 327,916.69		$ 322,379.00	
$ 325,983.12	
Income (Loss) from Operations	$ 144,319.92		$ (144,805.17)		$	(485.25)		$	-	
$	(200.00)	

Other Income (Expense)

$	485.25		$	-	$	485.25		$	-	$	200.00	
$	485.25		$	-	$	485.25		$	-	$	200.00	
$	144,805.17	$	(144,805.17)	$	-	$	-	$	-	

Interest Income
Total Other Income (Expense)
 	
Net Income (Loss)
Page 1 of 1

Davenport Road South CDD
FY 2021 Proposed Debt Service Budget		
Series 2018		
	FY 2021
Budget	

REVENUES:		
Series 2018	$	611,437.50	
TOTAL REVENUES	$	611,437.50	

EXPENDITURES:		
Series 2018 - Interest 11/01/2020	$	165,250.00	
Series 2018 - Principal 05/01/2021	120,000.00	
Series 2018 - Interest 05/01/2021	163,093.75	
TOTAL EXPENDITURES	$	448,343.75	

EXCESS REVENUES / (EXPENDITURES)	

$	163,093.75	

Series 2018 - Interest 11/01/2021	

$	163,093.75	

Page 1 of 1

Davenport Road South Community Development District

Imposition of Special Assessments to Fund the District’s Fiscal Year 2020-2021 Budget

Davenport Road South Community Development District

Resolution 2020-10

RESOLUTION 2020-10

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE DAVENPORT ROAD SOUTH COMMUNITY DEVELOPMENT DISTRICT MAKING A DETERMINATION OF BENEFIT AND IMPOSING SPECIAL ASSESSMENTS FOR FISCAL YEAR 2020/2021; PROVIDING FOR THE COLLECTION AND ENFORCEMENT OF SPECIAL ASSESSMENTS; CERTIFYING AN ASSESSMENT ROLL; PROVIDING FOR AMENDMENTS TO THE ASSESSMENT ROLL; PROVIDING A SEVERABILITY CLAUSE; AND PROVIDING AN EFFECTIVE DATE.

WHEREAS, the Davenport Road South Community Development District (“District”) is a local unit of special-purpose government established pursuant to Chapter 190, Florida Statutes, for the purpose of providing, operating and maintaining infrastructure improvements, facilities and services to the lands within the District; and

WHEREAS, the District is located in Polk County, Florida (“County”); and

WHEREAS, the District has constructed or acquired various infrastructure improvements and provides certain services in accordance with the District’s adopted capital improvement plan and Chapter 190, Florida Statutes; and

WHEREAS, the Board of Supervisors (“Board”) of the District hereby determines to undertake various operations and maintenance and other activities described in the District’s budget (“Adopted Budget”) for the fiscal year beginning October 1, 2020 and ending September 30, 2021 (“Fiscal Year 2020/2021”), attached hereto as Exhibit “A” and incorporated by reference herein; and

WHEREAS, the District must obtain sufficient funds to provide for the operation and maintenance of the services and facilities provided by the District as described in the Adopted Budget; and

WHEREAS, the provision of such services, facilities, and operations is a benefit to lands within the District; and

WHEREAS, Chapter 190, Florida Statutes, provides that the District may impose special assessments on benefitted lands within the District; and

WHEREAS, it is in the best interests of the District to proceed with the imposition of the special assessments for operations and maintenance in the amount set forth in the Adopted Budget; and

WHEREAS, the District has previously levied an assessment for debt service, which the District desires to collect for Fiscal Year 2020/2021; and

WHEREAS, Chapter 197, Florida Statutes, provides a mechanism pursuant to which such special assessments may be placed on the tax roll and collected by the local tax collector (“Uniform Method”), and the District has previously authorized the use of the Uniform Method by, among other things, entering into agreements with the Property Appraiser and Tax Collector of the County for that purpose; and

WHEREAS, it is in the best interests of the District to adopt the Assessment Roll of the Davenport Road South Community Development District (“Assessment Roll”) attached to this Resolution as Exhibit “B” and incorporated as a material part of this Resolution by this reference, and to certify the Assessment Roll to the County Tax Collector pursuant to the Uniform Method; and

WHEREAS, it is in the best interests of the District to permit the District Manager to amend the Assessment Roll, certified to the County Tax Collector by this Resolution, as the Property Appraiser updates the property roll for the County, for such time as authorized by Florida law.

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE DAVENPORT ROAD SOUTH COMMUNITY DEVELOPMENT DISTRICT:

SECTION 1. BENEFIT & ALLOCATION FINDINGS. The Board hereby finds and determines that the provision of the services, facilities, and operations as described in Exhibit “A” confers a special and peculiar benefit to the lands within the District, which benefit exceeds or equals the cost of the assessments. The allocation of the assessments to the specially benefitted lands, as shown in Exhibits “A” and “B,” is hereby found to be fair and reasonable.

SECTION 2. ASSESSMENT IMPOSITION. Pursuant to Chapters 190 and 197, Florida Statutes, and using the procedures authorized by Florida law for the levy and collection of special assessments, a special assessment for operation and maintenance is hereby imposed and levied on benefitted lands within the District, and in accordance with Exhibits “A” and “B.” The lien of the special assessments for operations and maintenance imposed and levied by this Resolution shall be effective upon passage of this Resolution. Moreover, pursuant to Section 197.3632(4), Florida Statutes, the lien amount shall serve as the “maximum rate” authorized by law for operation and maintenance assessments.

SECTION 3. COLLECTION. The collection of the operation and maintenance special assessments and previously levied debt service assessments shall be at the same time and in the same manner as County taxes in accordance with the Uniform Method, as indicated on Exhibits “A” and “B.” The decision to collect special assessments by any particular method – e.g., on the tax roll or by direct bill – does not mean that such method will be used to collect special

assessments in future years, and the District reserves the right in its sole discretion to select collection methods in any given year, regardless of past practices.

SECTION 4. ASSESSMENT ROLL. The Assessment Roll, attached to this  Resolution  as Exhibit “B,” is hereby certified to the County Tax Collector and shall be collected by the County Tax Collector in the same manner and time as County taxes. The proceeds therefrom shall be paid to the District.

SECTION 5.   ASSESSMENT ROLL AMENDMENT.  The District Manager shall keep apprised of all updates made to the County property roll by the Property Appraiser after the date of this Resolution, and shall amend the Assessment Roll in accordance with any such updates, for such time as authorized by Florida law, to the County property roll. After any amendment of the Assessment Roll, the District Manager shall file the updates in the District records.

SECTION 6. SEVERABILITY. The invalidity or unenforceability of any one  or  more provisions of this Resolution shall not affect the validity or enforceability of the remaining portions of this Resolution, or any part thereof.

SECTION 7. EFFECTIVE DATE. This Resolution shall take effect upon the passage and adoption of this Resolution by the Board.

PASSED AND ADOPTED this 22nd day of July, 2020.

ATTEST:	DAVENPORT ROAD SOUTH COMMUNITY DEVELOPMENT DISTRICT

Secretary / Assistant Secretary

By:		 Its: 		

Exhibit A:	Budget
Exhibit B:	Assessment Roll

Davenport Road South CDD
FY 2021 Proposed Debt Service Budget		
Series 2018		
	FY 2021
Budget	

REVENUES:		
Series 2018	$	611,437.50	
TOTAL REVENUES	$	611,437.50	

EXPENDITURES:		
Series 2018 - Interest 11/01/2020	$	165,250.00	
Series 2018 - Principal 05/01/2021	120,000.00	
Series 2018 - Interest 05/01/2021	163,093.75	
TOTAL EXPENDITURES	$	448,343.75	

EXCESS REVENUES / (EXPENDITURES)	

$	163,093.75	

Series 2018 - Interest 11/01/2021	

$	163,093.75	

Page 1 of 1

Davenport Road South CDD
FY 2021 Proposed O&M Budget

Actual Through 06/30/2020

Anticipated July
- Sept.

Anticipated Total FY 2020

FY 2020
Adopted Budget

FY 2021
Proposed Budget

Revenues

On-Roll Assessments	$ 267,937.07	$	-	$ 267,937.07	$ 263,021.00	$ 263,374.16	
Contribution from HM West	59,358.00	-	59,358.00	59,358.00	62,408.96	
Other Income & Other Financing Sources	136.37	-	136.37	-	-	

Net Revenues	$     327,431.44	$	-	$ 327,431.44		$ 322,379.00		$ 325,783.12	
eneral & Administrative Expenses
Supervisor Fees	$	3,600.00	$	3,000.00	$	6,600.00	$	6,000.00	$	12,000.00	
D&O Insurance	2,537.00	-	2,537.00	2,800.00	2,800.00	
Trustee Services	3,717.38	-	3,717.38	6,000.00	6,000.00	
Management	15,000.00	5,000.00	20,000.00	20,000.00	30,000.00	
Field Management	246.94	1,553.06	1,800.00	1,800.00	1,800.00	
Engineering	312.50	9,687.50	10,000.00	10,000.00	10,000.00	
Dissemination Agent	5,000.00	-	5,000.00	5,000.00	5,000.00	
District Counsel	9,953.50	10,046.50	20,000.00	20,000.00	20,000.00	

G

Assessment Administration	7,500.00	-	7,500.00	7,500.00	7,500.00	
Reamortization Schedules	-	250.00	250.00	250.00	250.00	
Audit	5,500.00	500.00	6,000.00	6,000.00	6,000.00	
Travel and Per Diem	30.48	-	30.48	-	-	
Telephone	-	200.00	200.00	200.00	200.00	
Postage & Shipping	599.95	199.98	799.93	300.00	300.00	
Copies	50.10	449.90	500.00	500.00	500.00	
Legal Advertising	1,705.27	1,294.73	3,000.00	3,000.00	3,000.00	
Miscellaneous	1,300.70	433.57	1,734.27	1,100.00	1,100.00	
Web Site Maintenance	1,200.00	1,700.00	2,900.00	2,900.00	2,700.00	
Dues, Licenses, and Fees	175.00	-	175.00	250.00	175.00	
Contingency	200.00	9,217.50	9,417.50	19,124.20	13,602.48	
Storm Cleanup & Repairs	-	7,500.00	7,500.00	7,500.00	7,500.00	

General Insurance	$	3,296.00	$	-	$	3,296.00	$	3,400.00	$	3,800.00	
Irrigation	3,407.22		4,592.78		8,000.00		8,000.00		8,000.00	
Landscaping Maintenance	34,725.00		275.00		35,000.00		35,000.00		28,680.00	
Landscaping Improvements - Mulch & Flowers	-		12,500.00		12,500.00		12,500.00		12,500.00	
Fertilization	-		5,616.00		5,616.00		5,616.00		5,616.00	
Contingency	360.00		4,974.00		5,334.00		5,334.00		5,334.00	
Streetlights	2,794.18		15,360.62		18,154.80		18,154.80		18,154.80	
Total Field Expenses	$	44,582.40		$	43,318.40		$	87,900.80		$	88,004.80		$	82,084.80	

Total General & Administrative Expenses Field Expenses

$	58,628.82

$	51,032.74

$ 109,661.56

$ 120,224.20

$ 130,427.48

Cabana & Pool Expenses

Janitorial Service	$	6,290.00		$	8,710.00		$	15,000.00		$	15,000.00		$	15,000.00	
Playground Lease	21,973.29		7,324.43		29,297.72		20,000.00		27,000.84	
Security	4,580.00		1,950.00		6,530.00		7,500.00		5,000.00	
Electric	20,262.23		6,754.08		27,016.31		20,000.00		20,000.00	
Pool and Cabana Water	882.00		6,618.00		7,500.00		7,500.00		2,000.00	
Internet	1,320.23		440.08		1,760.31		900.00		1,620.00	
Property & Casualty	8,445.00		1,555.00		10,000.00		10,000.00		10,000.00	
Contingency	-		7,500.00		7,500.00		7,500.00		7,500.00	
Equipment Repair & Maintenance	214.20		4,785.80		5,000.00		5,000.00		5,000.00	
Pest Control	433.35		566.65		1,000.00		1,000.00		600.00	
Signage & Amenities Repair	-		750.00		750.00		750.00		750.00	
Pool Maintenance	15,500.00		3,500.00		19,000.00		19,000.00		19,000.00	
Total Cabana & Pool Expenses	$	79,900.30		$	50,454.03		$ 130,354.33		$ 114,150.00		$ 113,470.84	
Total Expenses	$ 183,111.52		$ 144,805.17		$ 327,916.69		$ 322,379.00	
$ 325,983.12	
Income (Loss) from Operations	$ 144,319.92		$ (144,805.17)		$	(485.25)		$	-	
$	(200.00)	

Other Income (Expense)

$	485.25		$	-	$	485.25		$	-	$	200.00	
$	485.25		$	-	$	485.25		$	-	$	200.00	
$	144,805.17	$	(144,805.17)	$	-	$	-	$	-	

Interest Income
Total Other Income (Expense)
 	
Net Income (Loss)
Page 1 of 1

Davenport Road South CDD FY 2021 Proposed TRIM

Parcel	Gross Debt Service	Gross OM	

Gross Total

272708727507000010	1,300.61	767.47	
272708727507000020	1,300.61	767.47	
272708727507000030	1,300.61	767.47	
272708727507000040	1,300.61	767.47	
272708727507000050	1,300.61	767.47	
272708727507000060	1,300.61	767.47	
272708727507000070	1,300.61	767.47	
272708727507000080	1,300.61	767.47	
272708727507000090	1,300.61	767.47	
272708727507000100	1,300.61	767.47	
272708727507000110	1,300.61	767.47	
272708727507000120	1,300.61	767.47	
272708727507000130	1,300.61	767.47	
272708727507000140	1,300.61	767.47	
272708727507000150	1,300.61	767.47	
272708727507000160	1,300.61	767.47	
272708727507000170	1,300.61	767.47	
272708727507000180	1,300.61	767.47	
272708727507000190	1,300.61	767.47	
272708727507000200	1,300.61	767.47	
272708727507000210	1,300.61	767.47	
272708727507000220	1,300.61	767.47	
272708727507000230	1,300.61	767.47	
272708727507000240	1,300.61	767.47	
272708727507000250	1,300.61	767.47	
272708727507000260	1,300.61	767.47	
272708727507000270	1,300.61	767.47	
272708727507000280	1,300.61	767.47	
272708727507000290	1,300.61	767.47	
272708727507000300	1,300.61	767.47	
272708727507000310	1,300.61	767.47	
272708727507000320	1,300.61	767.47	
272708727507000330	1,300.61	767.47	
272708727507000340	1,300.61	767.47	
272708727507000350	1,300.61	767.47	
272708727507000360	1,300.61	767.47	
272708727507000370	1,300.61	767.47	
272708727507000380	1,300.61	767.47	
272708727507000390	1,300.61	767.47	
272708727507000400	1,300.61	767.47	
272708727507000410	1,300.61	767.47	
272708727507000420	1,300.61	767.47	
272708727507000430	1,300.61	767.47	
272708727507000440	1,300.61	767.47	
272708727507000450	1,300.61	767.47	
272708727507000460	1,300.61	767.47	
272708727507000470	1,300.61	767.47	
272708727507000480	1,300.61	767.47	
272708727507000490	1,300.61	767.47	
272708727507000500	1,300.61	767.47	
272708727507000510	1,300.61	767.47	
272708727507000520	1,300.61	767.47	
272708727507000530	1,300.61	767.47	

2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	

Davenport Road South CDD FY 2021 Proposed TRIM

Parcel	Gross Debt Service	Gross OM	

Gross Total

272708727507000540	1,300.61	767.47	
272708727507000550	1,300.61	767.47	
272708727507000560	1,300.61	767.47	
272708727507000570	1,300.61	767.47	
272708727507000580	1,300.61	767.47	
272708727507000590	1,300.61	767.47	
272708727507000600	1,300.61	767.47	
272708727507000610	1,300.61	767.47	
272708727507000620	1,300.61	767.47	
272708727507000630	1,300.61	767.47	
272708727507000640	1,300.61	767.47	
272708727507000650	1,300.61	767.47	
272708727507000660	1,300.61	767.47	
272708727507000670	1,300.61	767.47	
272708727507000680	1,300.61	767.47	
272708727507000690	1,300.61	767.47	
272708727507000700	1,300.61	767.47	
272708727507000710	1,300.61	767.47	
272708727507000720	1,300.61	767.47	
272708727507000730	1,300.61	767.47	
272708727507000740	1,300.61	767.47	
272708727507000750	1,300.61	767.47	
272708727507000760	1,300.61	767.47	
272708727507000770	1,300.61	767.47	
272708727507000780	1,300.61	767.47	
272708727507000790	1,300.61	767.47	
272708727507000800	1,300.61	767.47	
272708727507000810	1,300.61	767.47	
272708727507000820	1,300.61	767.47	
272708727507000830	1,300.61	767.47	
272708727507000840	1,300.61	767.47	
272708727507000850	1,300.61	767.47	
272708727507000860	1,300.61	767.47	
272708727507000870	1,300.61	767.47	
272708727507000880	1,300.61	767.47	
272708727507000890	1,300.61	767.47	
272708727507000900	1,300.61	767.47	
272708727507000910	1,300.61	767.47	
272708727507000920	1,300.61	767.47	
272708727507000930	1,300.61	767.47	
272708727507000940	1,300.61	767.47	
272708727507000950	1,300.61	767.47	
272708727507000960	1,300.61	767.47	
272708727507000970	1,300.61	767.47	
272708727507000980	1,300.61	767.47	
272708727507000990	1,300.61	767.47	
272708727507001000	1,300.61	767.47	
272708727507001010	1,300.61	767.47	
272708727507001020	1,300.61	767.47	
272708727507001030	1,300.61	767.47	
272708727507001040	1,300.61	767.47	
272708727507001050	1,300.61	767.47	
272708727507001060	1,300.61	767.47	

2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	

Davenport Road South CDD FY 2021 Proposed TRIM

Parcel	Gross Debt Service	Gross OM	

Gross Total

272708727507001070	1,300.61	767.47	
272708727507001080	1,300.61	767.47	
272708727507001090	1,300.61	767.47	
272708727507001100	1,300.61	767.47	
272708727507001110	1,300.61	767.47	
272708727507001120	1,300.61	767.47	
272708727507001130	1,300.61	767.47	
272708727507001140	1,300.61	767.47	
272708727507001150	1,300.61	767.47	
272708727507001160	1,300.61	767.47	
272708727507001170	1,300.61	767.47	
272708727507001180	1,300.61	767.47	
272708727507001190	1,300.61	767.47	
272708727507001200	1,300.61	767.47	
272708727507001210	1,300.61	767.47	
272708727507001220	1,300.61	767.47	
272708727507001230	1,300.61	767.47	
272708727507001240	1,300.61	767.47	
272708727507001250	1,300.61	767.47	
272708727507001260	1,300.61	767.47	
272708727507001270	1,300.61	767.47	
272708727507001280	1,300.61	767.47	
272708727507001290	1,300.61	767.47	
272708727507001300	1,300.61	767.47	
272708727507001310	1,300.61	767.47	
272708727507001320	1,300.61	767.47	
272708727507001330	1,300.61	767.47	
272708727507001340	1,300.61	767.47	
272708727507001350	1,300.61	767.47	
272708727507001360	1,300.61	767.47	
272708727507001370	1,300.61	767.47	
272708727507001380	1,300.61	767.47	
272708727507001390	1,300.61	767.47	
272708727507001400	1,300.61	767.47	
272708727507001410	1,300.61	767.47	
272708727507001420	1,300.61	767.47	
272708727507001430	1,300.61	767.47	
272708727507001440	1,300.61	767.47	
272708727507001450	1,300.61	767.47	
272708727507001460	1,300.61	767.47	
272708727507001470	1,300.61	767.47	
272708727507001480	1,300.61	767.47	
272708727507001490	1,300.61	767.47	
272708727507001500	1,300.61	767.47	
272708727507001510	1,300.61	767.47	
272708727507001520	1,300.61	767.47	
272708727507001530	1,300.61	767.47	
272708727507001540	1,300.61	767.47	
272708727507001550	1,300.61	767.47	
272708727507001560	1,300.61	767.47	
272708727507001570	1,300.61	767.47	
272708727507001580	1,300.61	767.47	
272708727507001590	1,300.61	767.47	

2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	

Davenport Road South CDD FY 2021 Proposed TRIM

Parcel	Gross Debt Service	Gross OM	

Gross Total

272708727507001600	1,300.61	767.47	
272708727507001610	1,300.61	767.47	
272708727507001620	1,300.61	767.47	
272708727507001630	1,300.61	767.47	
272708727507001640	1,300.61	767.47	
272708727507001650	1,300.61	767.47	
272708727507001660	1,300.61	767.47	
272708727507001670	1,300.61	767.47	
272708727507001680	1,300.61	767.47	
272708727507001690	1,300.61	767.47	
272708727507001700	1,300.61	767.47	
272708727507001710	1,300.61	767.47	
272708727507001720	1,300.61	767.47	
272708727507001730	1,300.61	767.47	
272708727507001740	1,300.61	767.47	
272708727507001750	1,300.61	767.47	
272708727507001760	1,300.61	767.47	
272708727507001770	1,300.61	767.47	
272708727507001780	1,300.61	767.47	
272708727507001790	1,300.61	767.47	
272708727507001800	1,300.61	767.47	
272708727507001810	1,300.61	767.47	
272708727507001820	1,300.61	767.47	
272708727507001830	1,300.61	767.47	
272708727507001840	1,300.61	767.47	
272708727507001850	1,300.61	767.47	
272708727507001860	1,300.61	767.47	
272708727507001870	1,300.61	767.47	
272708727507001880	1,300.61	767.47	
272708727507001890	1,300.61	767.47	
272708727507001900	1,300.61	767.47	
272708727507001910	1,300.61	767.47	
272708727507001920	1,300.61	767.47	
272708727507001930	1,300.61	767.47	
272708727507001940	1,300.61	767.47	
272708727507001950	1,300.61	767.47	
272708727507001960	1,300.61	767.47	
272708727507001970	1,300.61	767.47	
272708727507001980	1,300.61	767.47	
272708727507001990	1,300.61	767.47	
272708727507002000	1,300.61	767.47	
272708727507002010	1,300.61	767.47	
272708727507002020	1,300.61	767.47	
272708727507002030	1,300.61	767.47	
272708727507002040	1,300.61	767.47	
272708727507002050	1,300.61	767.47	
272708727507002060	1,300.61	767.47	
272708727507002070	1,300.61	767.47	
272708727507002080	1,300.61	767.47	
272708727507002090	1,300.61	767.47	
272708727507002100	1,300.61	767.47	
272708727507002110	1,300.61	767.47	
272708727507002120	1,300.61	767.47	

2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	

Davenport Road South CDD FY 2021 Proposed TRIM

Parcel	Gross Debt Service	Gross OM	

Gross Total

272708727507002130	1,300.61	767.47	
272708727507002140	1,300.61	767.47	
272708727507002150	1,300.61	767.47	
272708727507002160	1,300.61	767.47	
272708727507002170	1,300.61	767.47	
272708727507002180	1,300.61	767.47	
272708727507002190	1,300.61	767.47	
272708727507002200	1,300.61	767.47	
272708727507002210	1,300.61	767.47	
272708727507002220	1,300.61	767.47	
272708727507002230	1,300.61	767.47	
272708727507002240	1,300.61	767.47	
272708727507002250	1,300.61	767.47	
272708727507002260	1,300.61	767.47	
272708727507002270	1,300.61	767.47	
272708727507002280	1,300.61	767.47	
272708727507002290	1,300.61	767.47	
272708727507002300	1,300.61	767.47	
272708727507002310	1,300.61	767.47	
272708727507002320	1,300.61	767.47	
272708727507002330	1,300.61	767.47	
272708727507002340	1,300.61	767.47	
272708727507002350	1,300.61	767.47	
272708727507002360	1,300.61	767.47	
272708727507002370	1,300.61	767.47	
272708727507002380	1,300.61	767.47	
272708727507002390	1,300.61	767.47	
272708727507002400	1,300.61	767.47	
272708727507002410	1,300.61	767.47	
272708727507002420	1,300.61	767.47	
272708727507002430	1,300.61	767.47	
272708727507002440	1,300.61	767.47	
272708727507002450	1,300.61	767.47	
272708727507002460	1,300.61	767.47	
272708727507002470	1,300.61	767.47	
272708727507002480	1,300.61	767.47	
272708727507002490	1,300.61	767.47	
272708727507002500	1,300.61	767.47	
272708727507002510	1,300.61	767.47	
272708727507002520	1,300.61	767.47	
272708727507002530	1,300.61	767.47	
272708727507002540	1,300.61	767.47	
272708727507002550	1,300.61	767.47	
272708727507002560	1,300.61	767.47	
272708727507002570	1,300.61	767.47	
272708727507002580	1,300.61	767.47	
272708727507002590	1,300.61	767.47	
272708727507002600	1,300.61	767.47	
272708727507002610	1,300.61	767.47	
272708727507002620	1,300.61	767.47	
272708727507002630	1,300.61	767.47	
272708727507002640	1,300.61	767.47	
272708727507002650	1,300.61	767.47	

2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	

Davenport Road South CDD FY 2021 Proposed TRIM

Parcel	Gross Debt Service	Gross OM	

Gross Total

272708727507002660	1,300.61	767.47	
272708727507002670	1,300.61	767.47	
272708727507002680	1,300.61	767.47	
272708727507002690	1,300.61	767.47	
272708727507002700	1,300.61	767.47	
272708727507002710	1,300.61	767.47	
272708727507002720	1,300.61	767.47	
272708727507002730	1,300.61	767.47	
272708727507002740	1,300.61	767.47	
272708727507002750	1,300.61	767.47	
272708727507002760	1,300.61	767.47	
272708727507002770	1,300.61	767.47	
272708727507002780	1,300.61	767.47	
272708727507002790	1,300.61	767.47	
272708727507002800	1,300.61	767.47	
272708727507002810	1,300.61	767.47	
272708727507002820	1,300.61	767.47	
272708727507002830	1,300.61	767.47	
272708727507002840	1,300.61	767.47	
272708727507002850	1,300.61	767.47	
272708727507002860	1,300.61	767.47	
272708727507002870	1,300.61	767.47	
272708727507002880	1,300.61	767.47	
272708727507002890	1,300.61	767.47	
272708727507002900	1,300.61	767.47	
272708727507002910	1,300.61	767.47	
272708727507002920	1,300.61	767.47	
272708727507002930	1,300.61	767.47	
272708727507002940	1,300.61	767.47	
272708727507002950	1,300.61	767.47	
272708727507002960	1,300.61	767.47	
272708727507002970	1,300.61	767.47	
272708727507002980	1,300.61	767.47	
272708727507002990	1,300.61	767.47	
272708727507003000	1,300.61	767.47	
272708727507003010	1,300.61	767.47	
272708727507003020	1,300.61	767.47	
272708727507003030	1,300.61	767.47	
272708727507003040	1,300.61	767.47	
272708727507003050	1,300.61	767.47	
272708727507003060	1,300.61	767.47	
272708727507003070	1,300.61	767.47	
272708727507003080	1,300.61	767.47	
272708727507003090	1,300.61	767.47	
272708727507003100	1,300.61	767.47	
272708727507003110	1,300.61	767.47	
272708727507003120	1,300.61	767.47	
272708727507003130	1,300.61	767.47	
272708727507003140	1,300.61	767.47	
272708727507003150	1,300.61	767.47	
272708727507003160	1,300.61	767.47	
272708727507003170	1,300.61	767.47	
272708727507003180	1,300.61	767.47	

2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	

Davenport Road South CDD FY 2021 Proposed TRIM

Parcel	Gross Debt Service	Gross OM	

272708727507003190	1,300.61	767.47	
272708727507003200	1,300.61	767.47	
272708727507003210	1,300.61	767.47	
272708727507003220	1,300.61	767.47	
272708727507003230	1,300.61	767.47	
272708727507003240	1,300.61	767.47	
272708727507003250	1,300.61	767.47	
272708727507003260	1,300.61	767.47	
272708727507003270	1,300.61	767.47	
272708727507003280	1,300.61	767.47	
272708727507003290	1,300.61	767.47	
272708727507003300	1,300.61	767.47	
272708727507003310	1,300.61	767.47	
272708727507003320	1,300.61	767.47	
272708727507003330	1,300.61	767.47	
272708727507003340	1,300.61	767.47	
272708727507003350	1,300.61	767.47	
272708727507003360	1,300.61	767.47	
272708727507003370	1,300.61	767.47	
272708727507003380	1,300.61	767.47	
272708727507003390	1,300.61	767.47	
272708727507003400	1,300.61	767.47	
272708727507003410	1,300.61	767.47	
272708727507003420	1,300.61	767.47	
272708727507003430	1,300.61	767.47	
272708727507003440	1,300.61	767.47	
272708727507003450	1,300.61	767.47	
272708727507003460	1,300.61	767.47	
272708727507003470	1,300.61	767.47	
272708727507003480	1,300.61	767.47	
272708727507003490	1,300.61	767.47	
272708727507003500	1,300.61	767.47	
272708727507003510	1,300.61	767.47	
272708727507003520	1,300.61	767.47	
272708727507003530	1,300.61	767.47	
272708727507003540	1,300.61	767.47	
272708727507003550	1,300.61	767.47	
272708727507003560	1,300.61	767.47	
272708727507003570	1,300.61	767.47	
272708727507003580	1,300.61	767.47	
272708727507003590	1,300.61	767.47	
272708727507003600	1,300.61	767.47	
272708727507003610	1,300.61	767.47	
272708727507003620	1,300.61	767.47	
272708727507003630	1,300.61	767.47	
272708727507003640	1,300.61	767.47	
272708727507003650	1,300.61	767.47	
272708727507003660	1,300.61	767.47	
272708727507003670	1,300.61	767.47	
272708727507003680	1,300.61	767.47	
272708727507003690	1,300.61	767.47	

Gross Total	479,925.09	283,196.43	

Gross Total

2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	
2,068.08	

763,121.52

Davenport Road South CDD FY 2021 Proposed TRIM

Parcel	Gross Debt Service	Gross OM	

Gross Total

Net Total	446,330.33	263,372.68	

709,703.01

Davenport Road South Community Development District

Adoption of Rules Relating to Overnight Parking and Traffic Enforcement

Davenport Road South Community Development District

Resolution 2020-11

RESOLUTION 2020-11

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE DAVENPORT ROAD SOUTH COMMUNITY DEVELOPMENT DISTRICT ADOPTING RULES RELATING TO OVERNIGHT PARKING AND TRAFFIC ENFORCEMENT; AND PROVIDING FOR SEVERABILITY AND AN EFFECTIVE DATE.

WHEREAS, the Davenport Road South Community Development District (“District”) is a local unit of special purpose government created and existing pursuant to Chapter 190, Florida Statutes, being situated in the City of Davenport, Florida; and

WHEREAS, Chapter 190, Florida Statutes, authorizes the District to adopt resolutions as may be necessary for the conduct of district business; and

WHEREAS, the Board of Supervisors of the District (“Board”) is authorized by Sections 190.011(5) and 190.035, Florida Statutes, to adopt rules, orders, rates, fees and charges pursuant to Chapter 120, Florida Statutes; and

WHEREAS, the District desires to adopt Rules Relating to Parking and Parking Enforcement (“Rule”), pursuant to the provisions of Sections 190.011(5) and 190.035 and Chapter 120, Florida Statutes; and

WHEREAS, the Board finds that it is in the best interests of the District to adopt by resolution the Rule for immediate use and application.

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE DAVENPORT ROAD SOUTH COMMUNITY DEVELOPMENT DISTRICT:

SECTION 1.	The District hereby adopts the Rule, attached hereto as Exhibit A.

SECTION 2. If any provision of this Resolution or the Rule is held to be illegal or invalid, the other provisions shall remain in full force and effect.

SECTION 3. This Resolution shall become effective upon its passage and shall remain  in effect unless rescinded or repealed.

PASSED AND ADOPTED this 22ND day of July 2020.

ATTEST:	DAVENPORT ROAD SOUTH COMMUNITY DEVELOPMENT DISTRICT

Secretary/Assistant Secretary	Chairperson, Board of Supervisors

EXHIBIT A

DAVENPORT ROAD SOUTH COMMUNITY DEVELOPMENT DISTRICT
RULES RELATING TO OVERNIGHT PARKING AND PARKING ENFORCEMENT

In accordance with Chapter 190, Florida Statutes, and on July 22, 2020 at a duly noticed public meeting, the Board of Supervisors of the Davenport Road South Community Development District (“District”) adopted the following policy to govern parking and parking enforcement on certain District Property. This policy repeals and supersedes all prior rules and/or policies governing the same subject matter.

SECTION 1. INTRODUCTION. The District finds that parked Commercial Vehicles, Vehicles, Vessels and Recreational Vehicles (hereinafter defined) on certain of its property (hereinafter defined) cause hazards and danger to the health, safety and welfare of District residents, paid users and the public. This policy is intended to provide the District’s residents and paid users with a means to park Vehicles on-street in certain designated parking areas as well as to allow additional parking for Vehicles and overnight guests in the District’s Overnight Parking Areas and remove such Commercial Vehicles, Vehicles, Vessels and Recreational Vehicles from District designated Tow-Away Zones consistent with this Policy and as indicated on Exhibit A attached hereto and incorporated herein by reference. This Policy authorizes additional overnight parking in designated areas, which areas are identified in Exhibit B attached hereto, subject to obtaining an Overnight Parking Permit.

SECTION 2. DEFINITIONS.

Commercial Vehicle(s). Any mobile item which normally uses wheels, whether motorized or not, that (i) is titled, registered or leased to a company and not an individual person, or
(ii) is used for business purposes even if titled, registered or leased to an individual person.

Vehicle(s). Any mobile item which normally uses wheels, whether motorized or not. For purposes of this Policy, unless otherwise specified, any use of the term Vehicle(s) shall be interpreted so as to include Commercial Vehicle(s), Vessel(s), and Recreational Vessel(s).

Vessel(s). Every description of watercraft, barge, or airboat used or capable of being used as a means of transportation on water.

Recreational Vehicle(s). A vehicle designed for recreational use, which includes motor homes, campers and trailers relative to same.

Parked. A Vehicle, Vessel or Recreational Vehicle left unattended by its owner or user.

Tow-Away Zone. District property in which parking is prohibited and in which the District is authorized to initiate a towing and/or removal action.

Overnight. Between the hours of 10:00 p.m. and 6:00 a.m. daily.

SECTION 3. DESIGNATED PARKING AREAS. On street parking is only authorized on the odd numbered side of the street (as indicated by address numbers). On street parking is expressly prohibited on the even numbered side of the street (as indicated by address numbers).

The even numbered side of the street (as indicated by address numbers) and those areas within the District’s boundaries depicted in Exhibit A, which is incorporated herein by reference, are hereby established as “Tow-Away Zones” for all Vehicles, including Commercial Vehicles, Vessels, Recreational Vehicles as set forth in Sections 4 and 5 herein (“Tow Away Zone”).

Additional overnight parking is permitted on certain District Property as identified on Exhibit B attached hereto (“Overnight Parking Areas”), with a pre-approved permit as set forth in this Policy.

SECTION 4. ESTABLISHMENT OF TOW-AWAY ZONES. Each area set forth in Exhibit A attached hereto is hereby declared a Tow Away Zone. In addition, any Vehicle which is parked in a manner which prevents or inhibits the ability of emergency response vehicles to navigate streets within the District are hereby authorized to be towed.

SECTION 5. EXCEPTIONS.

ON-STREET PARKING EXCEPTIONS. Abandoned and/or broken down Vehicles are not permitted to be parked on-street at any time and are subject to towing at the owner’s expense. Commercial Vehicles, Recreational Vehicles, and Vessels are not permitted to be parked on-street Overnight and shall be subject to towing at owner’s expense.

OVERNIGHT PARKING PERMITS. Residents may apply for an “Overnight Parking Permit” which will allow such resident and/or guest to park in the Overnight Parking Areas after-hours, and overnight. Overnight Parking Permit requests will be granted in accordance with the following:

Permits may not exceed seven (7) consecutive days. In no event may an Overnight Parking Permit be granted for more than fourteen (14) nights per calendar year for one Vehicle, as identified by the Vehicle’s license plate number. Notwithstanding the foregoing, Overnight Parking Permits will not be issued for Vessels under any circumstances.

Residents and paid users interested in an Overnight Parking Permit may submit a request to the District Manager or his/her designee which includes the following information:

The name, address and contact information of the owner of the Vehicle to which the permit will be granted;
The make/model and license plate of the Vehicle to which the permit will apply;
The reason and special terms (if any) for the Overnight Parking Permit; and
The date and time of the expiration of the requested Overnight Parking Permit.

It is the responsibility of the person(s) requesting an Overnight Parking Permit to secure all necessary documentation and approvals. Failure to secure all necessary documentation and

approvals will result in the towing and/or removal of the Vehicle from the District’s Property. Improperly permitted Vehicles parked in the Tow Away Zones will be subject to towing.

Upon receipt of all requested documentation, as set forth above, the District Manager or his/her designee will issue an Overnight Parking Permit to the resident or paid user making the request. Overnight Parking Permits will be granted by way of written correspondence by the District Manager or his/her designee. No verbal grants of authority will be issued or be held valid.

The Overnight Parking Permit must be clearly displayed in the Vehicle windshield.

VENDORS/CONTRACTORS. The District Manager or his/her designee may authorize vendors/consultants in writing to park company Vehicles in order to facilitate District business. All Vehicles so authorized must be identified by an Overnight Parking Pass.

DELIVERY VEHICLES AND GOVERNMENTAL VEHICLES. Delivery Vehicles, including but not limited to, U.P.S., Fed Ex, moving company Vehicles, and lawn maintenance vendors may park on District Property while actively engaged in the operation of such businesses. Vehicles owned and operated by any governmental unit may also park on District Property while carrying out official duties.

Any Vehicle parked on District Property, including District roads, must do so in compliance with all laws, ordinances and codes.

SECTION 6. TOWING/REMOVAL PROCEDURES.

SIGNAGE AND LANGUAGE REQUIREMENTS. Notice of the Tow-Away Zones shall be approved by the District’s Board of Supervisors and shall be posted on District Property in the manner set forth in Section 715.07, Florida Statutes. Such signage is to be placed in conspicuous locations, in accordance with Section 715.07, Florida Statutes.

TOWING/REMOVAL AUTHORITY. To effect towing/removal of a Commercial Vehicle, Vehicle, Vessel or Recreational Vehicle, the District Manager or his/her designee must verify that the subject Commercial Vehicle, Vehicle, Vessel or Recreational Vehicle was not authorized to park under this rule in the Overnight Parking Areas or the Tow-Away Zone, and then must contact a firm authorized by Florida law to tow/remove Commercial Vehicle, Vehicles, Vessels and Recreational Vehicles for the removal of such unauthorized vehicle at the owner’s expense. The Commercial Vehicle, Vehicle, Vessel or Recreational Vehicle shall be towed/removed by the firm in accordance with Florida law, specifically the provisions set forth in Section 715.07, Florida Statutes. Notwithstanding the foregoing, a towing service retained by the District may tow/remove any vehicle parked in the Tow-Away Zone.

AGREEMENT WITH AUTHORIZED TOWING SERVICE. The District’s Board of Supervisors is hereby authorized to enter into and maintain an agreement with a firm authorized by Florida law to tow/remove unauthorized vehicles and in accordance with Florida law and with the policies set forth herein.

SECTION 7. PARKING AT YOUR OWN RISK. Vehicles, Commercial Vehicles, Vessels or Recreational Vehicles may be parked on District Property pursuant to this rule, provided, however, the District assumes no liability for any theft, vandalism and/or damage that might occur to personal property and/or to such Vehicles.

EXHIBIT A – Tow Away Zone
EXHIBIT B - Map of Overnight Parking Areas

Effective date: July 22, 2020

EXHIBIT A – Tow Away Zone

EXHIBIT B - Map of Overnight Parking Areas

								

	
OFFICE: (863) 940-2040
FAX:        (863) 940-2044
CELL:      (863) 662-0018

1925 BARTOW ROAD
LAKELAND,  FL 33801
DENNIS WOOD, PROFESSIONAL ENGINEER
EMAIL: denniswoodengineering@gmail.com	

CITY OF DAVENPORT POLK COUNTY, FLORIDA	
	
NOT VALID WITHOUT SEAL	DENNIS L. WOOD, P.E #17646 (FL) DATE	
	
EXHIBIT A TOW AWAY ZONE	

LEGEND
TOW AWAY ZONE

60	30	0	60	120

TRACT B

220

219

221

222

223	224

225

226

TRACT F

218

217

216

262

261

228

260

215

229

214

264

259

230

265

TRACT F

72

213

231

257

266

71

232

212

45

111

267

256

81

233

268

210

234

83

209

235

254

270

253

STREET #300

STREET

#300

STREET #200

67

208

236

207

271

252

237

272

251

238

65

206

273

239

249

274

51

250

205

88

204

240

203

275

248

241

276

247

TRACT F

90
55

277

246

243

X	X

201

278

245

244

X

X

CONCRETE SLAB

105

103

102

101

100

93

92

TRACT D

X

X	X	X	X

118

119

STREET #400

X

X

COVERED PAVILION

33

106

107

108

110

STREET #200

TRACT B

135

136

167

134

137

133

138

165

164

131

140

129

142

161

128

143

160

146

124

147

117

123

148

155

122

149

154

121

150

153

120

151

152

TRACT D

168

169

170

172

173

174

175

176

177

178

112

113

114

127

144

115

126

145

158

116

157

STREET #400

STREET #400

STREET #500

179

181

182

183

STREET #500

Scale: 1" = 60'

STREET

#200

10

9

6

5

STREET #300

X	X
WM

1
STORY

84	185

186

187	2

1

196	195

194

192	191

189	188

199

197

STREET #200

AMENITY CENTER

TRACT E

1

TRACT F

TRACT C

LEGEND
TOW  AWAY ZONE

TRACT E

310

281

STREET #100

309

311

312

313

   STREET #100	

351

314

350

315

349

316

348

317

347

318

346

319

345

320

STREET #100

344

321

343

322

342

323

341

324

340

325

339

326

338

327

337

328

336

329

335

330

334

331

332

TRACT B

279

333

TRACT E

308

307

306

305

304

303

TRACT E

282

352

283

TRACT A

301

302

353

354

300

355

299

356

298

357

297

358

296

359

295

360

STREET #100

294

TRACT D

361

293

362

292

363

291

364

290

365

289

280

366

288

367

287

368

286

369

285

284

TRACT C

								

	
OFFICE: (863) 940-2040
FAX:       (863) 940-2044
CELL:    (863) 662-0018

1925 BARTOW ROAD
LAKELAND, FL 33801
DENNIS WOOD, PROFESSIONAL ENGINEER
EMAIL: denniswoodengineering@gmail.com	

CITY OF DAVENPORT POLK COUNTY, FLORIDA	
	
NOT VALID WITHOUT SEAL	DENNIS L. WOOD, P.E #17646 (FL) DATE	
	
EXHIBIT A TOW AWAY ZONE	

TRACT A

60	30	0	60	120

TRACT B

220

219

222

223	224

225

226

218

217

227

216

261

228

263

264

259

230

43

214

213

265

231

257

71

232

45

256

STREET #300

STREET #200

70	81

233

210

209

269

254

235

208

270

253

236

271

252

237

STREET #300

66

207

50

272

251

238

86

206

51

87

205

239

249

240

248

203

202

276

247

242

277

246

60

SSMH#35 (BY OTHERS)

INV IN (SW) 153.98

STA  407+87.09  (106.21' RT.)

37

33

STREET #200

105

106

104

103

109

110

100

111

112

113

114

115

STREET #400

STREET #400

96

116

119

92

STREET #400

Scale: 1" = 60'

27

135

167

168

137

166

169

132

139

171

140

172

131

FLORIDA DEVELOPMENT COMPANY TRACT
P.B. 3, PAGES 60-63
(NOT  INCLUDED)

16

130

141

173

161

143

160

175

128

127

159

STREET #500

STREET #200

14

157

126

145

158

177

156

179

27-27-08-727500-010060
DEBORAH L ADAMS

FLORIDA DEVELOPMENT COMPANY TRACT
P.B. 3, PAGES 60-63
(NOT INCLUDED)

9

123

155

180

122

154

181

121

150

182

153

6

120

151

152

243

201

INV IN (N) 155.85 INV OUT (E) 153.88

X

X	X	X

278

245

STREET

#300

244

X

SSMH#34 (BY OTHERS) STA:201+85.18 (160.00' RT.)

INV OUT (NE) 154.70

CONCRETE SLAB

X

X

X	X	X

1
STORY

X	X	X	X

X

COVERED PAVILION

STREET #500

3

187

186

2

X

TRACT F

TRACT F

STREET #200

								

	
OFFICE: (863) 940-2040
FAX:    (863) 940-2044
CELL:  (863) 662-0018

1925 BARTOW ROAD
LAKELAND, FL 33801 DENNIS WOOD, PROFESSIONAL ENGINEER
EMAIL: denniswoodengineering@gmail.com	

CITY OF DAVENPORT POLK COUNTY, FLORIDA	
	
NOT VALID WITHOUT SEAL	DENNIS L. WOOD, P.E #17646 (FL)  DATE	
	
EXHIBIT B OVERNIGHT PARKING	

AMENITY CENTER

199

198	197

196

193

192

191

190

189

LEGEND
OVERNIGHT PAR ING ALLOWED BY RESIDENTS OR PERMITS

LEGEND
OVERNIGHT PARKING ALLOWED BY RESIDENTS OR PERMITS

TRACT E

310

281

STREET #100

309

311

312

313

   STREET #100	

351

314

350

315

349

316

348

317

347

318

346

319

345

320

STREET

344

321

343

322

#100

342

323

341

324

340

325

339

326

338

327

337

328

336

329

335

330

334

331

332

TRACT B

279

333

TRACT E

308

307

306

305

304

303

TRACT E

282

352

283

TRACT A

301

302

353

354

300

355

299

356

298

357

297

358

296

359

295

360

STREET

294

TRACT D

361

#100

293

362

292

363

291

364

290

365

289

280

366

288

367

287

368

286

369

285

284

TRACT C

								

	
OFFICE: (863) 940-2040
FAX:       (863) 940-2044
CELL:    (863) 662-0018

1925 BARTOW ROAD
LAKELAND, FL 33801
DENNIS WOOD, PROFESSIONAL ENGINEER
EMAIL: denniswoodengineering@gmail.com	

CITY OF DAVENPORT POLK COUNTY, FLORIDA	
	
NOT VALID WITHOUT SEAL	DENNIS L. WOOD, P.E #17646 (FL) DATE	

	

TRACT A

Davenport Road South Community Development District

PFM Fee Letter

July 22, 2020

Mr. Warren K. Heath
Chairman of the Board of Supervisors
Davenport Road South Community Development District 12051 Corporate Boulevard
Orlando, FL 32817 Dear Mr. Heath:

12051 Corporate Blvd.
Orlando, FL 32817
407.723.5900

pfm.com

Thank you for the opportunity to continue serving as District Manager to the Davenport
Road South Community Development District (the ”District”). The agreement in place between our firm and the District dated January 10, 2019 provides for the review and adjustment annually of our fees pursuant to the District’s annual budget process. We are respectfully requesting a fee increase from $20,000 to $30,000 for the year.

Please note this change will be effective on the billing for October 2020, in conjunction with the District’s new Fiscal Year.

Provided the changes are acceptable, please have an authorized official of the District sign and return a copy of this letter to us to acknowledge the increase.

Sincerely,
PFM GROUP CONSULTING LLC

Accepted by:

 	_ 	_ Senior Managing Consultant

(Signature)

(Print Name)

(Date)

Davenport Road South Community Development District

Agreement between the District and VGlobalTech for Website Maintenance Services

FIRST ADDENDUM TO THE AGREEMENT BETWEEN THE DAVENPORT ROAD SOUTH COMMUNITY DEVELOPMENT DISTRICT AND NEWAGETUTORS LLC, D/B/A VGLOBALTECH, FOR WEBSITE AUDITING, REMEDIATION, AND MAINTENANCE SERVICES

This First Addendum (“First Addendum”) is made and entered into this day of
 	, 2020, by and between:

DAVENPORT ROAD SOUTH COMMUNITY DEVELOPMENT DISTRICT, a local unit of
special-purpose government, established and existing pursuant to Chapter 190, Florida Statutes, with a mailing address of 12051 Corporate Boulevard, Orlando, Florida 32817 (the "District"), and
NEWAGETUTORS LLC, D/B/A VGLOBALTECH, a Florida limited liability company, with a mailing address of 636 Fanning Drive, Winter Springs, Florida 32708 ("Contractor" and, together with the District, the “Parties”).
RECITALS

WHEREAS, the District and the Contractor entered into that Agreement between the Davenport Road South Community Development District and NewAgeTutors LLC, D/B/A VGlobalTech,  for  Website  Auditing,  Remediation  and Maintenance Services, dated  	            (the “Agreement”), incorporated herein by this reference; and

WHEREAS, Section 10(M) of the Agreement provides that the Agreement may be amended by an instrument in writing executed by both Parties; and

WHEREAS, the Parties desire to amend the Agreement to provide for additional services including additional maintenance, website hosting and e-mail hosting and related support, as more particularly described in Contractor’s proposal for services attached hereto as Exhibit A and incorporated herein by this reference; and

WHEREAS, each of the Parties hereto has the authority to execute this First Addendum and to perform its obligations and duties hereunder, and each Party has satisfied all conditions precedent to the execution of this First Addendum so that this First Addendum constitutes a legal and binding obligation of each Party hereto.

NOW, THEREFORE, based upon good and valuable consideration and the mutual covenants of the Parties, the receipt and sufficiency of which are hereby acknowledged, the Parties agree as follows:

SECTION 1. RECITALS. The recitals stated above are true and correct and by this reference are incorporated into and form a material part of this First Addendum.

SECTION 2.  AFFIRMATION OF  THE  AGREEMENT.  The District and Contractor agree that nothing contained herein shall alter or amend the Parties’ rights and obligations under the Agreement, except to the extent set forth in Section 3 of this First Addendum. The Agreement is hereby affirmed and continues to constitute a valid and binding agreement between the Parties,

including but not limited to provisions regarding ADA and WCAG standards, public records, indemnification, and sovereign immunity. To the extent any of the provisions of this First Addendum or the Agreement conflict with the provisions of Exhibits A attached hereto, this First Addendum and the Agreement shall control.

SECTION 3.	AMENDMENTS.	Pursuant to Section 10(M) of the Agreement, the Agreement is hereby amended as follows:

The Agreement is hereby amended to add additional scope of services pursuant to Contractor’s proposal attached hereto as Exhibit A. Such services shall also include hosting and maintaining the District’s website consistent with ADA and WCAG standards, as such terms are defined in the Agreement, including but not limited to:

securing “https” certification (or continued provision of same) and provide premium, secure “cloud” hosting with fail-over, automated, and regular back-up measures to ensure continued functionality and accessibility of the website;

providing unlimited file space, bandwidth, fast website response, and 99% website uptime;

providing an e-mail account and an archiving system which will allow the District, its supervisors, staff or representatives, to respond to public records requests and maintain e-mails in compliance with applicable records retention law; and

providing any and all other efforts reasonably necessary to allow the District to receive the maximum benefit of the additional services contemplated by this First Addendum and the Agreement.

Compensation for the services shall be amended in accordance with Exhibit A. Such payment shall be due and payable in accordance with the terms of the Agreement.

All additional services provided pursuant to this First Addendum shall meet the ADA and WCAG standards, as such terms are defined in the Agreement.

SECTION 4.	EFFECTIVE DATE. This First Addendum shall be effective upon execution by both Parties hereto, effective as of the date and year first written above.

[Remainder of this page intentionally left blank]

IN WITNESS WHEREOF, the Parties hereto have signed this First Addendum to the Agreement on the day and year first written above.

ATTEST:	DAVENPORT ROAD SOUTH COMMUNITY DEVELOPMENT DISTRICT

Secretary/Assistant Secretary	Chairperson, Board of Supervisors

WITNESS:	NEWAGETUTORS  LLC, D/B/A
VGLOBALTECH, a Florida limited liability company

Print Name: 		By: Vaibhav V. Joshi, Manager

Exhibit A:	Proposal for Additional Services

Exhibit A

Website Maintenance Proposal For

Davenport Road South CDD

Date	Version#	Comments	Author	
May 13, 2020	1.0	Created Proposal	VB Joshi	

VGlobalTech is the ADA, WCAG Compliance Expert and leading Web design company, with over 300 ADA & WCAG compliant websites created (….and counting) to-date! We have partnered with a non-profit agency to conduct Human Audit and Certification Seal.
Visit https://vglobaltech.com/website-compliance/ for details.

COPYRIGHT ©: This proposal and the contents within this document are solely created by VGlobalTech team for its customers and cannot be reproduced, copied, modified or distributed (including forwarding to other customers, competitors, web designers etc.) without the written consent of VGlobalTech. VGlobalTech company holds Intellectual Property* details along with company software details that must not be shared with others without the written permission of the company. The proposal and software details are customized for the requesting customer and cannot be applied to any other customer / asset / solution. This document does not apply to a case if it is not exclusively sent to you by VGlobalTech upon request.
Any violations are punishable under the law and shall be prosecuted.

* VGlobalTech has developed unique ADA and WCAG compliance expertise, optimized website templates, compliance multi-step procedure and quality control, document conversion software
and test procedures. Contact us for details of VGlobalTech’s Intellectual Property.

Table of Contents
Pricing	4
Monthly Maintenance, Hosting and Email Support	4
2.0	Proposal Acceptance:	6

Pricing
Monthly Maintenance, Hosting and Email Support

Maintenance contract is required for VGlobalTech’s proprietary document conversion software (PDF to RTF) to be used that allows faster, accurate and batch processing for document conversion.

	Task	
1.	Full content upload support to regularly keep site updated (includes all documents, audit reports, agendas, meeting minutes, events etc). Update turnaround time – less than 24 hrs from customer sending the content and documents to be updated to VGT team.	
2.	PDF Documents conversion (to Text, HTML etc) as needed (new documents during the maintenance year only) for ADA Compliance / Reader Compliance. VGlobalTech’s proprietary batch conversion software shall be used by our team for faster batch-conversion processing as long as the contract is valid (big time saver that creates compliant documents that can be uploaded to the website). If Auto conversion fails, VGlobalTech team shall perform manual OCR and conversion within 24 hrs.	
3.	Email accounts setup and support	
	
Total Monthly Maintenance with full content upload, document conversion:
$100 / month

*support beyond 10 hrs. / month / CDD shall be billed at $55 / hr. separately (VGlobalTech team shall be responsible to track and report hours exceeded, if any)
***Monthly maintenance must be paid before the 10th of every month	

This proposal includes following points, stipulations terms and conditions:
*(1) conference call or in person meetings per month with client to review metrics, results and monthly recaps *unless otherwise noted
* email and phone communication
*Anything out of the scope of work in the above proposal will be addressed and client will be immediately notified. After notification of additional work, a subsequent quote will be provided to cover that work.
*Client is responsible to adhering to timelines as far as information required to complete the task is concerned. If timelines are not adhered to and exceed 15 business days past the current marketing months, last day, all work will end. A new month with new allocated costs will be presented for future work to commence. No refunds and owed work will be due unless otherwise agreed upon. An Invoice will be provided once signature approval of this project proposal. Payments will be made to VGLOBALTECH
*Client is responsible for verifying quality of work, providing feedback, verifying that compliance has been met as required. VGlobalTech team shall not be responsible for any legal ramifications arising from work not done as per external agencies / organizations / associations needs if proper feedback is not provided by the customer. VGlobalTech’s work will be in best faith but cannot guarantee all compliance / legal needs since we are not the final authority in the ADA or WCAG compliance area. VGlobalTech shall not be liable for any legal ramifications arising from compliance issues and cannot be held responsible for any legal or other lawsuits.
Refund Policy: The client may halt work and request for a refund within seven days of the date of signing this services agreement by mailing a signed letter to the main address listed on www.VGlobalTech.com website. If client requests a refund within seven days of the date of signing their agreement, they shall be liable to pay for all work completed and will be refunded the remaining balance of the initial payment if billable work has not exceeded a charge that would be greater than client’s initial payment. If client requests a refund after the seven days from the date of the signing of the agreement client is liable to pay for all work completed plus an additional 25% of any remaining balance that may still be due. Once line item projects are complete no refunds will be issued. Confidentiality: All information between client and service provider inclusive of technical and business information relating to proprietary ideas, patentable ideas and/or trade secrets, existing and/or contemplated products and services, research and development, production, costs, profit and margin information, finances and financial projections, customers, clients, marketing, and current or future business plans and models, regardless of whether such information is designated as “Confidential Information” at the time of its disclosure and will be treated as such and with absolute confidentiality and will
not be shared or used, which will be maintained at all times. The client is not allowed to disclose their price with any third parties. Doing so is in breach of this agreement. All information development will be shared and proprietary information and property between client and service providers.

Proposal Acceptance:

The VGlobalTech proposed solution and terms have been accepted by the customer and the VGlobalTech can proceed with the project. All payments shall be made according to this agreement.

Website, Monthly Maintenance w/ Hosting and Email support

Signatures:

For Customer	Date

VB Joshi

For VGlobalTech	Date

Davenport Road South Community Development District

ADA Compliant Access Ramp

(provided under separate cover)

Davenport Road South Community Development District

Pool Gate Extension

(provided under separate cover)

Davenport Road South Community Development District

Agreement between the District and Fuqua Janitorial Services

TEMPORARY AMENDMENT TO THE AGREEMENT BETWEEN DAVENPORT ROAD SOUTH COMMUNITY DEVELOPMENT DISTRICT AND FUQUA JANITORIAL SERVICES FOR JANITORIAL MAINTENANCE SERVICES

this 26

THIS TEMPORARY AMENDMENT (“Temporary Amendment”) is made and entered into day of June, 2020, by and between:

DAVENPORT ROAD SOUTH COMMUNITY DEVELOPMENT DISTRICT, a local unit of
special-purpose government established pursuant to Chapter 190, Florida Statutes, being situated in the City of Davenport, Florida, with an address of c/o District Manager, PFM Group Consulting LLC, 12051 Corporate Boulevard, Orlando, Florida 32817 (“District”); and

ALTHEA JEAN FUQUA D/B/A FUQUA SUPPLY & SERVICE D/B/A FUQUA
JANITORIAL SERVICES, with a mailing address of 5962 Murphy Road, Bartow, Florida 33830 (“Contractor,” together with District, “Parties”).

RECITALS

WHEREAS, the District is a local unit of special-purpose government established pursuant to the Uniform Community Development District Act of 1980, as codified in Chapter 190, Florida Statutes, and located in the City of Davenport, Florida; and

WHEREAS, the District and Contractor previously entered into an agreement dated April 7, 2019, for provision of janitorial maintenance services (“Agreement”), which Agreement is attached hereto as Exhibit A, and incorporated by reference herein; and

WHEREAS, the District desires to temporarily increase the frequency of the janitorial maintenance services and price for same in anticipation of re-opening of its facilities in accordance with the Directives (defined herein) during the COVID-19 pandemic; and

WHEREAS, the Contractor represents that it is qualified to provide the additional janitorial maintenance services, including additional cleaning and disinfecting services during COVID-19 pandemic in accordance with the Directives, and has agreed to provide to the District those services identified in Exhibit B, attached hereto and incorporated by reference herein (“Temporary Services”); and

WHEREAS, the Parties now desire to amend the Agreement to temporarily change the frequency of the services and price for same.

NOW, THEREFORE, in consideration of the recitals, agreements, and mutual covenants contained herein, and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged by the Parties, the Parties agree as follows:

RECITALS. The recitals stated above are true and correct and by this reference are incorporated herein and form a material part of this Temporary Amendment.

AFFIRMATION OF THE AGREEMENT. The District and the Contractor agree that nothing contained herein shall alter or amend the Parties’ rights, responsibilities and obligations under the Agreement, except to the extent set forth in Section 3 of this Temporary Amendment. The Agreement is hereby affirmed and continues to constitute a valid and binding agreement between the Parties.

TEMPORARY AMENDMENT. For the duration of this Temporary Amendment, the description of services, compensation, and term of the Agreement shall be amended to include the following supplemental provisions:

Contractor understands and acknowledges that during the COVID-19 pandemic, the District plans to re-open its facilities in phases, in accordance with applicable Federal, State and local governmental directives, including but not limited to Executive Orders issued by Governor DeSantis regarding COVID-19 public health emergency, state and local emergency declarations regarding COVID-19 public health emergency and protocols and guidelines provided by the Center for Disease Control and Prevention, all as extended or supplemented (collectively, “Directives”). During the phased re-opening of the District’s facilities in accordance with the Directives, Contractor shall provide professional janitorial maintenance services as provided in Exhibit B to this Temporary Amendment seven (7) days per week, as such schedule shall be coordinated with and confirmed by the District Manager.

Contractor understands and acknowledges that the professional janitorial maintenance services provided for the duration of this Temporary Amendment shall, at minimum, meet those cleaning and disinfecting protocols and guidelines recommended by the Center for Disease Control and Prevention, including but not limited to using disinfectants listed under “List N: Disinfectants for Use Against SARS-CoV-2 (COVID-19)” published by the United States Environmental Protection Agency, as such list is available at the following link: https://www.epa.gov/pesticide-registration/list-n-disinfectants-use-against-sars-cov-2-covid-19.

As compensation for the Temporary Services, the District shall pay Contractor Seventy Dollars and 00/100 ($70.00), per cleaning of pool facilities, an amount not to exceed Two Thousand One Hundred Twenty-One Dollars and 70/100 ($2121.70), per month as scheduled in accordance with Section 3.A. of this Temporary Amendment.

COUNTERPARTS. This Temporary Amendment may be executed in one or more counterparts which, when taken together, shall constitute one and the same instrument.

EFFECTIVE DATE; TERM. This Temporary Amendment shall be effective as of the day and year first written above and shall remain in force and effect until further written notice from the District. Upon written notice from the District providing that Contractor may resume the service levels provided in the Agreement, this Temporary Amendment shall be deemed terminated and the provision of services, including price and frequency of services, shall revert back to the terms provided in the Agreement.

IN WITNESS WHEREOF, the Parties execute this Temporary Amendment to be effective the day and year first written above.

Vv-bt!;A

ATTEST:	DAVENPORT ROAD SOUTH COMMUNITY DEVELOPMENT DISTRICT

                   Chairperson, Board of Supervisors
WITNESS:	AL THEA JEAN F UQU A D/B/A F UQUA S UPPLY &
SERVICE 0/B/A FUQUA JANITORIAL  SERVICES

Witness

Prin t Name of Witness

Exhibit A:	Agreement
Exhibit B:	Contractor' s Proposa l for additional Temporary Services

3

Exhibit A

Exhibit B

Davenport Road South Community Development District

Agreement between the District and Prince and Sons, Inc.

LANDSCAPE MAINTENANCE AGREEMENT BY AND BETWEEN THE DAVENPORT ROAD SOUTH COMMUNITY DEVELOPMENT DISTRICT AND

THIS AGREEMENT
by and between:

PRINCE AND SONS, INC.
.	.
(" Agreement") 1s mad e and entered mto as of

 ,s,

day of June, 2020 ,

DAVENPORT ROAD SOUTH COMMUNITY D EVELOPMENT DISTRICT, a s pecia l­
pur pose unit of local  gove rnment  esta blished  and  exis tin g  pursuant  to  Chapter 190 , Florida Statutes, with a mailing address of 120 5 1 Co r porate Boulevard, Orlando , Florida 32817 (the "Distr ict " ); and

PRINCE AND SONS INC., a Flo r ida corpo ratio n, with a ma ilin g address of 200 South F  Street,  Haines  City,  Florida  33844  (the  "Contractor"  and,  together  wit h the District , the " Partie s" ) .

RECITALS

WHEREAS, the Dist rict was establishe d by ordina nce of the Board of City Commi ss io ners of the C ity of Davenport, Flo r ida, for the purpose of planning , financing, constructing,  operating and/or maintainin g certain in frast ructure; and

WHEREAS, the District desires to reta in an independe nt contracto r to provide Service s fo r those lands known as Davenpo1t Road So uth w ithin the Dis tri c t, and further identified in this Agreement; and

WHEREAS, Contractor represents that it is qua lified to serve as a la ndscape mainten ance contractor and has agreed to provide  to the Distric t  those services as  more particularly described  in Contractor's proposal attac hed hereto as Exhibit A, and incorporated he rein (" Serv ice s" ); and

WHEREAS , t he Dis trict finds that entering into this Agreement with Co nt ractor to provide Services is in the best interest of the Dis tric t.

Now, THEREFORE, in co ns ideratio n of the recitals, agreement s, and mutual covenant s cont ained here in, and other good and valuable cons ideration , the rece ipt and sufficienc y of whic h are he reby acknow ledge d by the Parties , th e Parties agree as follows:

INCORPORATION OF RECITALS. The rec it a ls stated above are true and correct and by this reference are incorporated here in and form a mater ia l part of this Agreement.

DESCRIPTION OF WORK AND SERVICES.

The  Dist ric t  desires  that  the  Co ntra cto r  provide   professiona l  Ser vic es w ithin presently accepted industr y sta ndards. Upon all  Partie s  exec  uting this Agreement, the Contractor sha ll provide the D ist rict with the specific services as set forth in this Agreement and the Exhibit s attached hereto.

While providing the services identified in this Agreeme nt,  the Contractor sha ll ass ig n such staff as may be required , and  such  staff  shall  be respons ib le for coord inating, expediting, and controlling all aspects to assure co mp letio n of the Serv ices to the sole satis factio n of the Dis tri ct.

The Co ntractor sha ll provide  the  specific  professio nal  Se rvices  as described in Paragra ph 3 of this Agreement.

SCOPE   OF   SERVICES.   The   duties,   obligat  ions,   and   respons ibili t ies   of   the Co nt ractor are those described in this Agreement and the attached Exhibits. Contractor agrees  to provide such Services for the lands ident ified  by  hig hlights  in  the  Service  Area  Map  attached hereto as Exhibit B. Contractor  shall  so le ly  be  respons ible  for  the  mean s,  manner  and  methods by which its dutie s, o bligat io ns and respons ibiliti es are met to the sat isfactio n of the District.

MANNER    OF  CONTRACTOR'S   PERFORMANCE.	The Cont ractor agrees, as an independe nt  co ntracto r,  to  undertake  work  and/or  perform  or  have  performed  such  Serv  ices   as s pecified in this Agreeme nt or  any  addend um  executed  by  the  Parties  o r  in  any  autho rize d writte n work order by the Distr ict  iss ued  in  connection  with  this  Agreement  and accepted  by  the Co ntractor.	All work sha ll  be  performed  in  a  neat  and  professional  manner  reasonably acceptable to the Dist rict and shall be i n  acco rda nce  with  presently  accepted  industry standards. The   performance  of  all Se rvices	by the Contracto r under this Agreement and related to this Agreement, inc lu ding any  additiona  l  services  or  work  aut horized  by an  ame ndment,  addendum or work author izat io ns iss ued pursuant  to  this  Agreement,  shall  confonn  to  any  written instructions iss ued by the District.

Should any work  and/or  services  be  required  which  are  not  specified  in this Agreement or any writt en amend ment ,  addenda  or  work  authorization but wh ic h are neve rtheles s  nece ssa ry for the  proper  provision  of service s to t h e D istr ict, such work or services sha ll be fully performed by the Contracto r as if described and delineate d in this Agreement.

The Contractor agrees that the Dis trict s hall not be liable  for the  payment of any work or services unle ss the D ist rict, through an authorized representative of the District, authorizes the Contractor, in wr iting, to perform such wo rk.

T he  District  shall  designate  in  writ in g  a  person  to  act  as  the  Dist rict ' s re presentat ive  with  res pect  to  the  Services  to  be   performed   under  this Ag reemen t. The Distr ict' s representative sha ll have comp lete auth orit y to transmit  inst ruct ions,  rece ive in formation,  interpret  and  define   the District' s policie s and decisio ns with respect to mater ials , eq uipment , elements, and systems pertinent to the Contractor's service s .

T he District hereby desig nates the Dist rict Manager and his or her representative to act as the District ' s repre se ntative.

The Co ntractor agrees to mee t with the Dis trict' s representat ive no less than one ( I ) t im e  per month  to  walk the  prope rty to disc uss co ndit ions, sc hedules , a nd ite ms of co nce rn regard ing thi s Agreeme nt.

In  the  event  t hat  time  is  los t   due  to  heavy	ra ins (" Rai n Days "), the Contractor   agrees   to   resc hedule  its  employees	and  divide their time accordingly to co mpl e te a ll scheduled services duri ng the time durin g the same week as any Rain Days. The Contractor shall provide services  on Saturda ys if  nee ded  to  make  up Rain  Days,  but sha ll  not provide serv ices o n Su ndays.

Contractor shall use a ll due care to protect the property of the District, its residents, and la ndowne rs from damage. Co ntr acto r ag rees to re pair any damag e result ing fro m Co ntractor' s activ iti es and work within twe nty-four
(24) ho urs.

Cont ractor shall be obligated to ensure that all trees, plan ts  or  other vegetatio n that ar e loca te d nea r any roadways and  being  mainta ined in acco rdan ce wit h this Agreeme nt com ply wit h all loca l, S tate and Federal line-of-s ig ht requireme nts, among any other applica ble reg ula ti o ns.

C OM PENSAT IO N; T ERM .

As co mpe nsa tio n fo r serv ices descri bed  in this  Agree ment, the  Distr ict  ag rees to pay the Contractor based  on  se rvices  to  each  of  the  Serv ice  Areas descr ibed in Exhibits A & 8 as follows:

( I ) C o mmon Area - Two Tho usa nd Eig ht Hundred  Dollars  and  00/100 ($2,800.00) per month for an annu a l tota l of Th irty Three Tho usan d Six Hundred Dollars and 00/10 0 ($33 , 600.00), as more partic ular ly set forth in Exhibit A. Work sha ll  co m me nce  upon exec ution of thi s Agreement and sha ll co ntinue for a perio d of twelve ( 1 2) months, un less te rm inated earlier in acco rdance  with Se c tio n 13 below o r re newed in ac co rdance with Sectio n 5(8 ), belo w.

(2) Amenity Area - One Thousa nd One Hundred Twenty Dollar s and 00/100 ($ I , I 20.00)  per  month  for  an  annua l  tota l  o f  Th irteen T housand Four Hundred Eighty Dollars 00/10 0 ($13,480.00), as more  p, a t ic ula rly  set  fo rth  in  Exh ibit   A.  Work  shall  commence upon exec uti o n of this Agreement and shall co ntinue fo r a  perio d of twel ve (12) mont hs, unl ess term inated earlier in acco rdance wit h Se ct io n 13 belo w or renewed in acco rdance with Sect io n 5(8 ), below.

This Agreement may be renewed for four (4) additio na l one (1)-year terms by a writte n agreement duly executed by the Parties, at  the prices provided in Sect io n S(A) above.  Such  renewals  shall  be  contingent  upon satisfacto ry performance evaluations by the District and subject  to  the availa bility of funds.

If the Dist rict s hould desire additio nal work or services, o r to add additiona l lands to be ma intained , the Contractor agrees to negotiate in good fa ith to unde11a ke such additional work or services in  accordance with the un it prices set forth in Exhibit A or upon a negotiated  price between the Parties. Upon success ful negot iatio ns, the Pa11ies s ha ll agree in writing to an addendum, addenda, work authorizatio n(s) o r change order(s) to this Agreement. The Contractor shall be compe nsated for such agreed  addit io na l  work  or  services  based  upon  a  payment   amount acce ptable to the Parties and agreed to in writing.

Additio na l services not included in the Scope of Services can be provid e d by the Contractor. However, no additional  services sha ll  be provided  by the Contractor unless done at the written direct io n of the District. Fees for such addit io nal services shall be as provided for  in the attached  Exhibit , or, if not identi fied, as negotiated between the District and the Contractor.

The Distr ict may require, as a co ndit io n precedent to making any payment to the Contractor, that all subcont ractors, mater ia lme n, supp liers or laborers be paid and require evi dence, in the form of Lien  Releases  or partial Waivers of Lien, to be subm itte d to the District by those subcontractors, mate rialmen, supp liers or laborers, and further req uire that the Contractor  provide  an  Affidav it  re lating  to  the  payment  of  said inde btedness. Further, the D istr ict s ha ll have the right to require, as a condition precedent to making  any  payment,  evidence  from  the Contractor, in a form satisfactory to the Distric t, that any  indebtedness of the Contractor, as to services to the District , has been paid and that the Contractor has met a ll of the o bligations with  regard to the  withho lding and payment of taxes, Social Security payments, Worker's Compensation, Unemp lo yment  Compensation  contri butions ,  and  sim ilar  payroll deduct ions from the wages of employees.

The Contractor shall ma inta in records conforming to us ual accounting practices . F urther , the Contractor agrees to render mo nthly invo ices to the District, in writ i ng, whic h shall be delivere d or mailed to the District by the fifth (5th) day of the next succeeding mont h. These  monthly  invoic es are due and payab le w ith i n forty-five (45) days of receipt by the District. Each monthl y invo ice shal l inc lude  such support ing informatio n as  the D istrict may reasonably requ ire the Contractor to provide.

INSURANCE.

The Contractor or any subcont ractor performing the work described in this Agreement shall ma int ain throughout the term of this Agree ment the followin g in surance:

Worker' s Compen sa tion Insurance in accordance with  the  laws  o f the State of Florida.

Commercia l General Liability Insu ran ce cover in g the Contractor' s legal liabilit y for bodi ly injuries , with limit s of not less than
$ 1,0 00 ,000	combined sin gle  limit bodi ly injur y and  property damage lia bility, and cover ing at least the follow ing hazards:

Independent Co nt ractors Coverage for bodily injury and property  damage   in   conn e ct io n   with   s ubcontractors' ope ration.

Emp lo yer' s Liabilit y Coverage with limit s of at lea st $ 1,00 0,000 (one million dollars) per acciden t or disease .

Auto mo bile Lia bilit y Insurance for bodily injuries in l imit s of not less than $ 1 ,000 , 000 co mbined s ing le limi t bo dily injur y and for property  damage,  providing  coverage  for  any  accident  arising  out of o r res ulting from the ope ration, ma intena nc e, or use by the Contractor   of   any   owned,    non-owned,  or   hired   automobil es,   t railers, o r ot her equi pment required to be licensed.

The Di strict, its  staff, cons ultant s, agents and  superviso rs shall  be  named as add iti o nal insureds and certificate  holders.  The  Contractor shall furnis h the District with the Cer tificate of  Insura nce ev ide ncing co mpliance  w it h thi s re quirement. No certificate shall be acceptable to the Dist ric t un le ss it provides that any  change  o r te rmina tion  wit hin  the  policy  periods  of  the in surance coverage, as certified, sha ll no t be effect ive  wit hin  th i rty (30) days of prior writt e n not ic e to t he Dist rict. Insurance coverage shall  be  from a reputable ins ur a nce ca rrier, licen se d  to  conduct  bus iness  in  the State of Flo rida, and such ca rrie r shall  have  a  Best ' s  Insurance  Re ports rati ng of at le ast A-VII.

If the Contractor fails to have sec ure d and maintained  the  req uir e d  insurance, the District has the right (wit hout any  obligatio n  to  do  so, howeve r), to sec ure s uch required ins urance in which eve nt, the Co ntractor sha ll pay the cost for that required in surance and shall furn is h,  upon  demand,  all  in formatio n  that  may  be  required  in  co nnec tio n   w ith   the D ist rict' s obtaining the requ ir e d i nsurance.

INDEMNIFICATION.

Oblig ati o ns under this section sha ll include the payment of all settlements, judgment s, damages, li quidated damages, penalties , forfeit ures , back pay awards, court costs, arbitration and/or med iati o n costs, litigat io n ex penses, attorney fees, and  paralegal  fees  (incurr ed  in court, out of court ,  on appea l, o r in bankruptcy proceedings) as ordered.

Contractor agrees to defend, indemnify and hold harm less the Di s trict and its o fficers, agents, staff and employees from any and all lia bility, cla ims , actions, suits or demands by any perso n, corporation or other  entity for injur ie s , dea th, prope rty damage or of any nat ure , aris ing out of, or in connection with, wholly or in pat1 by, the work to  be  performed  by Contracto r. Contractor further agrees that nothing here in sha ll constitute or be construed as a waiver of the Distr ict' s limitati o ns on liabi lit y contained in Se ctio n 768.28, Florida Statutes, or other sta t ute . Any subcon tracto r reta ined by the Contractor shall ac knowled ge in w ritin g suc h subcontractor's acceptance of the terms of this Section 7.

COMPLIANCE WITH G OVERNMENTAL R EGULATION. The Contractor sha ll keep, observe ,  and  perform  all  requ ire me nts  of  applicable  lo ca l,  State,  and  Federal   la ws ,   rules ,  reg ulati o ns, or ordinances. If the Contractor fails to notify the Dis trict  in  writing  wit hin  five (5) days of the receipt of any notic e, order , required to compl y notice, or a report of a violation or an alleged  violatio n,  made  by  an y  local,   State,   or  Federal   governmental   body   or   agency   or subd ivi sion thereof with res pect to the  services  being  rendered  under  this  Agreeme nt  or  any action of the Co nt ractor or any of it s a ge nts, se rvants, e mplo yees, or material men , or with  respect to terms, wages, hour s, co nditio ns of emp loyment,  safety  appliances,  or  any  other  requirements appl ica ble to provision of ser vices, o r fails to comply  with  any  req uir e ment  of  such age ncy within  five (5) days after  receipt of any such  notic e,  order,  request  to comp ly  notice,  or  report of  a vio lati o n or an a lleged vio lat io n, the  District  may terminate  th is  Agreement,  such  termination to be effectiv e immed iat el y upon the g iving of notice of terminatio n.

LIENS AND CLAIMS. The Contractor sha ll  promptly  and  properly  pay  for all  labor emp lo yed, materia ls purchased, and equi pment hired by  it  to  perform  under this Agreemen t.  The Co ntractor sha ll keep the Dis tri c t' s property free  from  any  ma ter ialmen ' s or  mec hanic's liens and  claims  or  notices  in  respect  to   such   liens and   cla ims,   which   arise   by   reaso n   of   the Con tractor's performance under this  Agreeme nt,  and  the  Contractor  shall  immediately  discharge any such cla im or lien. In the event that the Contractor does not pay or satis fy such claim or lie n within three (3) bus in ess days after the filing  of  notic e thereof, the  Distric t,  in addition  to any and all other remedie s ava ila ble under this Agreement, ma y terminate  this  Agreement  to  be effective imme dia tely upon the giving of notice of termination.

D EFAULT AND P ROTECT ION AGAINST THIRD PARTY  I NTERFERENCE.  A default by either Party und er this Agreement sha ll entitle the ot her to a ll remedies availa ble at law or in equity , which may inc lude , but not be limited to, the right of damages, injunctive relief, and/or

specific performance. The District shall be so lel y responsible for enforcing its rig hts under this Agreement against any interfering  third  party.  Nothing  contained  in this Agreement shal l limit or impair the District's right to protect its rights from interference by a third  party  to  this Agreement.

CUSTOM AND USAGE. It is hereby agreed, any law, custom ,  or  usage  to  the contrary notwithstanding, that the District shall have the right at all times to enforce the conditions and agreements contained in this Agreement in strict accordance with the terms of this Agreement, notwithstanding any conduct or custom  on the  part of  the District  in  refraining from so doing ; and further, that the failu re of the District  at  any  time or times to strict ly  e nforce  its righ ts under this Agreement sha ll not be construed as having created a custom in any way or  manner contrary to the specific conditions and agreements of this Agreement, or as hav ing in any way modified or waived the same.

SUCCESSORS. This Agreement shall  inure to the benefit  of  and  be binding  upon the heirs, executors, admin ist rators, successo rs, and ass igns of the Parties to this Agreement , except as expressly limited in this Agreement.

TERMINATION. The District agrees that the Contractor may  terminate  this Agreement with cause by providing thirty (30) days ' written notice of termina tion to the District ; provided, however , that the District shall be provided  a  reasonable  opportun ity  to  cure  any failure under this Agreement; and that the Contractor  may  terminate  this  Agreement  for  any reason by providing ninety (90) days'  written  notice  of  termination  to  the  District.  The Contractor agrees that the District may terminate this Agreeme nt immediately with cause by providing writt en notice of termination to the Contractor. The District may terminate  this Agreement without cause by providing thir ty (30) days' written notice of termination to the Contractor. Upon any terminat ion o f this Agreement , the Contractor shall be entit led to payment for all work and/or services rendered up until the effective term ination of  this Agreement, subj ect to whatever cla im s or off-sets the District may have aga inst the Contractor.

PERMITS AND L ICENSE S. All permits and licenses required by any governmenta l agency directly for the District shall be obtai ned and  paid  for by  the District.  All  other  permits or licenses necessary for the Contractor to perform under this Agreement sha ll  be obtained  and paid for by the Contractor.

ASSIGNMENT. Neither the District nor the Contractor may assig n this Agreement without the prior written approval of the ot her. Any pur ported assignment wit hout such written  app roval shall be null and void.

INDEPENDENT CONTRACTOR STATUS. In a ll  matters  relating  to this Agreement, the  Contractor  shall be  acting  as  an  independe nt   contractor.   Neither  the  Contractor   nor emp lo yees of the Contractor, if there are any, are employees of the District under the meaning or application of any Federal or State Unemp lo yment or Insurance Laws or Old Age Laws or otherwise. The Contractor agrees to assum e a l l liabilities or obligations imposed by any one or more of such laws with respect to employees of the Contractor, if  there  are  any,  in  the  performance of this Agreement. The Co nt ractor shall not have any authority to assume or create

any obligatio n, express or im plied, on behalf of the District and the Contractor shall have no authority to represent the Distric t as an agent, employee, or in any other capacity, unless otherwise set forth in this Agreement.

H EADIN GS  FOR  CONVENIENCE  ONLY.  The  descriptive  headings  in  this Agreement are for conven ience o nly and sha ll neithe r control nor affect the mea ning or construction of any of the provisions of this Agree men t.

ENFORCEMENT OF AGREEMENT. In the event that either the  Distr ic t  or  the Contractor is required to enforce this Agreement by court proceedings or otherwise , th en the substantia lly prevailing party shall be entitled to recover all fees and costs inc urred, including reasonable attorneys' fees, paralega l fees and costs for trial , alternative dispute resolution, or appellate proceedings.

AGREEMENT. This instrumen t, together with its Exhibit , s hall cons tit ute the final and comp le te expression of this Agreement  between  the  Dis trict and  the Cont ractor relating to the s ubject matter of this  Agreement.  Exhibit s  attached  hereto are provided  to cla rify the terms of the Agreement. To the extent that any terms and  provisions  of  Exhibit  A  and  Exhibit  B conflict with the terms and provis io ns of this Agreement , this Agreement sha ll control.

AMENDMENTS. Amendments to and waivers of the provisio ns contained in this Agreement may be made only by an ins trument in writi ng which is executed by both the Dis tric t and the Co ntractor.

AUTHORIZATION. The execution of this Agreement  has  been  duly autho rize d  by the appropriate body or official of the Dis t rict and the Contractor, both the Dist rict and the Contractor have comp lie d with all the requirements of law, and both the District  and  the Contractor have full power and authority to compl y with t he terms and provisions of this instrument.

NOTICES. All notices, requests, consents and other communica tio ns und er this Agreement ("Notices") shall be in writing and sha ll be delivere d, mai le d by First Class Mail, postage prepaid, or overnight delivery service, to the Parties, as follows:

If to the District:

Davenport	Road	South Development Dis trict
c/o PFM Group
1205 1 Corporate Boulev a rd
Orlando, Flo rida 32817 Attn: Dis t rict Manager

Commun ity

With a copy to:

Hopping Green & Sams, P.A.
119 South Monroe Street, Sui te 300 (3230 I ) Post Office Box 6526
Tallahassee, Florida 3231 4 Attn: Dis tric t Counse l

If  to the Contractor:	Prince and Sons Inc.
200 South F Street
Haines City, Florida 33844 Attn: Ian Prince

Except as otherwise  provided  in  this  Agreement,  any  Notice  sha ll  be  deemed  received only upon actual delivery at the address set  forth  above.  Notices  delivered  after 5:00  p.m. (at  the place  of  delivery)  or  on  a  non-business  day,  shall  be  deemed  received  on  the  next  business  day. If any time for giving Notice  contained  in  this  Agreement  would  otherwise  expire  on  a  non­ business  day,  the  Not ice  period  shall  be  extended   to   the   next   succeeding   business   day. Saturda ys, Sundays, and lega l holidays recognized by the United States government sha ll not be regarded as business days. Counsel for the  District  and  counsel  for  the  Contractor  may  deli ver Notice on behalf of  the  District  and  the  Contractor.  Any  Party  or  other  person  to  whom  Notices are to be sent or copied may notify the other  Parties  and  addressees  of  any  change  i n  name  or address to which  Notices  shall  be  sent  by  providing  the  same  on  five  (5)  days  written  notice  to the Parties and addressees set fo11h herein.

THIRD PARTY BENEFICIARIES. This Agreement is solely for the benefit of the District and the Contractor and no right or cause of action sha ll accrue  upon  or  by  reason,  to or for the benefit of any third party not a formal party  to  this  Agreement.  Nothing  in  this  Agreement expressed or impli ed is intended or sha ll be construed to confer upon any person or corporation other than the District and the Contractor any right, remedy, or claim under  or  by reason of this Agreement or any of the provisions or conditions of this Agreement; and all of the provisions, representations, covenants, and conditi o ns contained in this Agreement shall inur e to the sole benefit of and sha ll be binding upon the District and the Contractor and their respective representat ives , successors, and ass ig ns.

CONTROLLING LAW; VENUE. This Agreement and the  provisions  contained  in this Agreement shall be construed , interpreted , and contro lle d accord in g to the laws of the State of Flori da. The exclusive venue  for any dispute aris ing  under this Agreement shall  be in a court of appropriate jurisdiction in and for Polk County, Florida.

EFFECTIVE D ATE. This Agreement shall be effective upon the date first written above and shall remain in effect for a period of twelve (12) mo nths, unless terminated earlier by either of the District or the Contractor in accordance with the provisions of this Agreement.

PUBLIC RECORDS. The Co ntra ctor understands and agrees that all documents of any ki nd provided to the District in connection with this Agreement may be public records, and, accordingly, the Contractor agrees to comply with all applicable provis ions of Florida law in handling such records, including but not limited to Section  119.070 I,  Florida  Statutes. Contractor acknow led ges that the designated public records custodian for the District is Jane Gaarlan dt ("Public Records Custod ian "). Among other requirements and  to the extent applicable by law, the Contractor sha ll I) keep and maintain public records required  by  the  District  to perform the service; 2) upon request by the  Public Records Custod ian ,  provide the District with the requested public records or allow the records to be inspected or copied with in a reasonable

time period at a cost  that  does  not  exceed  the  cost  provided  in  Chapter 119,  Florida Statutes; 3) ens ure that public records whic h are  exe mpt  or  con fident ia l,  and  exempt  from  public  recor ds  disc losure requirements , are not disc losed except as authorized by law for the duration of  this  Agreeme nt' s term and followi ng  the contract term  if the Co nt racto r does  not  tran sfe r the  records to the Public Records Custodian  of the Dis tr ict; and 4)  upon co mp le tion of  the cont ract,  transfe r to the District ,  at  no cost, all  public  reco  r ds in Cont ractor' s  possessio n or,  alte rnat ively, keep, ma inta in and meet all applicable requireme nts for retainin g public recor ds purs uant  to Flo r ida laws. When such pub lic records  are  transfe rred  by  the  Co ntractor,  the  Contractor  shal l  destroy any duplicate public records th at  are  exe mpt  or  confidentia l  an d  exe mpt  from  public  records disc losure req uire ments. All records stored electronica lly must be provided to the  Distri ct  in a format that is co mpatibl e with Microsoft Word or Adobe PDF formats.

IF THE CONTRACTOR HAS QUESTIONS REGARDING THE APPLICATION OF CHAPTER 119, FLORIDA STATUTES, TO THE CONTRACTOR'S DUTY TO PROVIDE PUBLIC RECORDS RELATING TO THIS AGREEMENT, CONTACT THE CUSTODIAN OF PUBLIC RECORDS AT (407) 723-5900, GAARLANDTJ@PFM.COM, OR 12051 CORPORATE BOULEVARD, ORLANDO, FLORIDA 32817.

SEVERAB ILI T Y. The inv alidity or unenfo rcea bilit y of any one  or more provis io ns of th is Agreement shall not affect the validity or enfo rceab ilit y of the remainin g portio ns of thi s Agreeme nt, or any part of this Agreement no t held to be invali d or unen forcea ble.

ARM'S  LENGTH  TRANSACTION.   This   Agreeme nt   has   been   negotiated   fully betwe en the Dist rict and the Co ntrac to r as an arm's le ngth tran sac tio n. The Dist rict a nd the Contractor  participated  fully  in  the  preparation   of  this  Agreement  with   the  ass ista  nce  of  the ir r es pective counsel. In the case of a dispute co nce rning the inter pretatio n of any provis io n of this Agreeme nt, the Parties a re eac h deemed  to have drafted,  chosen,  and selec te d the  lang uage,  and any doubtful la nguage will not be interpreted or construed against any party.

SCRUTINI ZED C OMPANI ES STATEMENT. The Contractor certifies that it is not in violation of Sectio n 287. 1 35, Florida Statutes , and is not prohibited from doing business with the Distr ict under Florida  law,  including  but not  limi te d to Scrutini zed Compa nies  wit h Activit ie s  in S uda n Lis t or S c rutini ze d Co mpan ies with Activities in the Iran Petro le um Energy Sector List. If Co ntractor is foun d to have submi tte d a false state ment , has been plac e d on  the  Scrutinized Compan ies w ith Activities in Suda n List or the Scr utini ze d Companies with Activities in the Iran Petroleum Energy Secto r List, or has been engaged  in business operat io ns  in Cuba or Syria,  or  is now or in the future on the  Scrutinized Compa nies  th at  Boycott  Israel  List,  or  engaged  in  a boycott of Is rael, the D ist rict may imme diate ly terminate this Agreement.

C OUNTERPART S. T his Agreemen t may  be  executed  in  any  number  of counterpa rts, each of whic h when executed and delivere d shall be an orig ina l; howeve r, all such count erparts togethe r shall co nstit ute, but one and the same instr um ent.

IN WITNESS WHEREOF, the Parties execute this Agreement to be effective on the day and
year first written above.

ATTEST:		DAVENPORT ROAD SOUTH COMMUNITY DEVELOPMENT DlSTRICT

WITNESS:

Prrinot Name:   	

PRINCE AND SONS INC., a Florida
corporation

Ian B. Prince, President

Exhibit A: Exhibit B:

Scope of Services Service Area Map

Exhibit A
- Scope of Services

Common Areas

1. DESCRIPTION OF SERVICES. Beg innin g on May 1st, 2020 , Pr ince and So ns In c., w ill pro v ide the following services (colle ct ive ly, the "Se rv ices"):

MOWING OF TURF AREAS:

Mowing of all turf areas. Weed-eat ing (line trim ming) & edging sha ll be performed during each mowing event. St. Augustine grass is to be cut no less than 4", Bahia no less th an 3" to foste r photosynthesis and stro ng root develo pme nt. Blades sha ll re ma in sharp always, visible cl ipp ings are to be re moved to prevent thatch build-up, mowe r operato r will cha nge patterns if possible per service to prevent ruts in turf. Blo w ing off a ll hard surfaces sha ll be performed immediate ly fo llow i ng each mowing event, clippin gs are  to  be  kept out  of  beds and  waterways. Trash and small debris on grounds shall be d isca rd ed during service.

PRUNING & TRIMMING:

Palm Tree trimm ing $32.50 per palm. (Billable)
Se lect ive pruning of all ornamental shrubbery shall be performed at the best time for flower and bud development, foliage growth and as necessa ry for the health of the plants. Removal & dis posa l of  all ge nerated debris from the property sha ll be co mp leted following each pruning event.

PLANT BED WEED CONTROL:

Weed contro l sha ll be performed by us ing both pre-e merge nce and post-emergence herbicides as needed on alI planter beds. Removal & disposal of alI ge ne rate d debris from the property shall be co mplete d following each weed ing event.

HORTICULTURAL:

Shrubs- Shall be fertilize d 2 times annua lly A pr il & October with professional products using 100% Poly-Coat. T his process ensures year-round feed ing of nutr ien ts.
Turf- St August ine Grass sha ll be fe rt ilize d and as prescribed by tech nic ia n 2 time s per yea r April & October.

Turf- Management of turf damaging insects and pests such as Ch inc h Bugs and Fire Ants suppression 1 time a yea r, in the mo nth of June. Upon s it e inspection use top choice for control, billable and upon Manager approval.
Turf- All Fung us in turf grass areas shall be controlled annua lly and trea ted as needed during growing season. Prince and Sons Inc. rotates active ingredients in our Fung ic ides to ensure chemical resista nce co nt rol.
Shrubs- All fungus eme rgin g on plants shall be trea ted and co ntro lled as needed during growing seaso n

ANNUALS: SERVICE AVAILABLE UPON REQUEST

A se lection of 000 annuals sha ll be rotated on the months of January- April-Ju ly-O cto be r, flowers will be selected to appropriate season and climate. This service requires manage me nt approval  at a suggested cost of $2.00 per 4" pot. (BILLABLE)

MULCHING:

TBD cubic yards of "Small Pine- bark" mulch is to be spread at  a  rate  of  $45.00 per  cubic yard. This serv ice is va ria ble a nd requires ma nage me nt approval. (BILLABLE)

IRRIGATION SYSTEM INSPECTIONS:

i rriga tio n ins pect io ns are to be  pe rfor med  monthly; 12 times  per  year.  A service  report from  Prince tec hni c ia n is to be completed after each ins pect io n.  Any  damages susta ined  to  the  irrigat  io n system as a direct result of the wo rk by P ri nce and Sons In c. shall be repaired at no cost to the customer. Any repairs requi red due to no rma l wear, vanda lis m or "Acts of God" can be com pleted upo n request and
sha ll be billed at act ual t ime and mate ria ls at $65.00 per hour plus parts.

Amenity Center Area

DESCRIPTION OF SERVICES. Beg inning on May 1st, 2020, Pr ince and Sons Inc. , will provide the follow ing services (collect ive ly, the "Se rv ices") :
MOWING OF TURF AREAS:

Mowing of all turf areas. Weed-eating (line trimm ing)  & edg in g  s hall  be pe  rfo  r med  during each mow ing event. St. Augusti ne grass  is to  be cut no  less than  4",  Bahia  no  less  than 3"  to foster photosynt hes is  and  strong root develo p me nt.  Blades shall remain  sharp always,  visible clipp ings  are to be re moved  to  preve nt  thatch build- up,  mower operator will  change  patterns  if  possible  per service to prevent ruts in turf. Blo wing off all hard surfaces sha ll be perfo rme d immed iate ly fo llo w ing each mow ing event, clip pings are to be kept  out  of  beds  and  waterways.  Trash  and  sma ll  debris  on grounds sha ll be d isca rded d ur ing se rvice .

PRUNING & TRIMMING:

Pa lm Tree trim ming $32.50 per palm. (Billable)
Select ive pru ning of all o rnamenta l shrubbery shall be performed at the best time for flower and bud develo pment, foliage growth and as necessary for the health of the plants. Removal & dis posa l of all generated debris from the property sha ll be completed fo llo wing each pruning event.

PLANT BED WEED CONTROL:

Weed co ntro l shal l be pe rfo rmed by us ing both pre-emergence and post-emergence he rbic ides as needed on all plante r beds . Removal & dis pos a l of all generated debris from the property  sha ll  b e co mpleted fo llow ing each weeding event.

HORTICULTURAL:

Shrubs- Sha ll be fertilized 2 times annuall y April & October with profe ssional products using 100% Poly-Coat. This process ensures year-round feed ing of nutr ients.
Turf- St Augustine Grass shall be fertilized and as prescribed by technic ia n 2 times per year April &
October.
Turf- Manageme nt of turf damaging insec ts and pests such as Chinch Bugs and Fire Ants suppression 1 time a year, in the mo nth of June. Upon s ite inspection use top choice for cont rol, billabl e and upon Manager approval.
Turf- All Fungus in turf grass areas shall be controlled annua lly  and treated  as  needed during growing season. Prince and So ns In c. rotates active ing redie nts in ou r Fungicides to ensure chemical resistance co ntrol.
Shrubs- All fungus emerging on plants sha ll be treated and contro lled as needed during growi ng seaso n

ANNUALS: SERVICE AVAILABLE UPON REQUEST

A se lection of 000 annuals sha ll  be rotated  on the  months of  January-A  pril-Ju ly-October,  flowe rs  will be se lected to app ropriat e seaso n and climate. This service requires management ap proval at a
s uggested cost of $2.00 per 4" pot. (BILLABLE)

MULCHING:

TBD cubic yards of "Sma ll Pine- ba rk" mulch is to be spread at a rate of $45.00 per cubic yard. This serv ice is variable and requires management approval. (BILLABLE)

IRRIGATION SYSTEM INSPECTIONS:

Irrigatio n ins pectio ns are to be performed monthly; 12 times per year. A service report from Prince technician is to be comp leted after each inspection. Any damages sustained to the irrigation system
as a direct result of t he work by Princ e and Sons Inc. shall be repaired at no cost to the custo mer. Any repairs required due to normal wear, vandalis m or " Acts of God" can be comp leted upon request and shall be billed at actual t ime and materials at $65.00 per hour plus parts.

Exhibit B

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PRINCE
#	&SONS INC.
200 S F. Street, Haines Cit y, FL 33844 Phone: (863) 422-5207

Lawn Maintenance Service Contract Agreement

This Lawn Serv ice Contract (this "Contract") is made effective as of May pt, 2020, by and between Davenport Road South COD of 213 Ludisia Loop Davenport, Fl 33837 and Prince and Sons Inc., of 200 S F Street, Haines City, Flor ida 33844.

NOW, THEREFORE, FOR AND IN CONSIDERATION of the mutual promises and agreements contained herein , Davenport Road South CDD hires Prince and Sons I nc., and Prince and Sons Inc. agrees to provide Lawn Service to the Davenport Road South CDD at the following location 213 Ludisia Loop Davenport, Fl 33837 -under the terms and conditions hereby agreed upon by the parties:

DESCRIPTION OF SERVICES. Beginning on May p t, 2020, Prince and Sons Inc. , will provide the following services (collectively , the "Services"):

MOWING OF TURF AREAS:
Mow ing of all turf areas. Weed-eating (line trimming) & edging shall  be performed  during each mo wing event. St. Augustine grass is to be cut no less than 4", Bahia no less than 3" to foster photosynthesis and strong root development. Blades shal l remain  sharp always,  visible clippings are to be removed to prevent thatch build-up, mower operator will change patterns if possib le per service to prevent ruts in turf. Blow ing off all hard surfaces shall be performed immed ia tely following each mow ing event, cli ppings  are to be kept out of beds and waterways. Trash and small debris on grounds shall be discarded during service.

PRUNING & TRIMMING:
Palm Tree trimming $32.50 per palm. (Billable)
Selective pruni ng of a ll o rnamenta l shrubbery shall be performed at the best tim e for flower and bud develo pment, foliage growth and as nece ss a ry for the hea lth of the plants. Removal & disposal of all generated debris fr o m the property shall be completed follo wing each pruning event.

PLANT BED WEED CONTROL:
Weed control shal l be performed by using both pre-emergence and post-emergence herbic ides as needed on all planter beds. Remova l &  dis posal of  all gene rated debris from the property shall be completed following each weeding event.

HORTICULTURAL:
Shrubs- Shall  be fertil ized £ times annually April &  October with professional  products us ing I 00% Poly-Coat. This process ensures year-round feeding of nutrient s.

200 S F. Street, Haines C ity , FL 33844 Phone: (863) 422-5207

Turf- St August ine Grass sha ll be fertilized and as prescribed by tech nic ia n J t im es per year Apr il & October.
Turf- Ma nage ment of turf dama g in g insects and pests such as Chinch Bug s a nd Fire Ants
suppr ess io n !_ time a year, in the month of June. Upon s i te i ns pect io n use top choice for contro l, billable a nd up o n Manager approval.
Turf- All Fungus in turf grass areas sha ll be co ntro lled ann ua lly and treated as needed duri ng grow ing seaso n. Princ e and So ns In c.  rotates active ingred ie nts  in our  Fungicides  to ensure che mica l re s is tanc e co ntro l.
Shrubs- All fungus emerg ing o n plants shall be treated and co ntrolled as needed dur ing growing season
ANNUALS: SERVICE AVAILABLE UPON REQUEST
A se lec t io n of 000 an nua ls s ha ll be rotated on the month s of Janua ry-A pr i l-J uly-O c to be r, flowe rs will be se lecte d to appropriate seaso n and climate. This se rvic e req uir es manage ment appro val at a s uggested cost of $2.00 per 4" pot. (BILLABLE)

MULCHING:
TBD cubic yards of " Sma ll Pine-bark" mulch is to  be  sp r ead  at  a  rate of $45.00 per cub ic  ya rd. This service is variable and requir es management approval. (BILLABLE)

IRRIGATION SYSTEM INSPECTIONS:
I rr igatio n ins pec tio ns are to be pe rformed monthly; 12 t i mes per yea r. A service report from Prince tech nic ian is to be com ple ted after each ins pect io n. A ny damages sustained to the
ir riga tio n system as a direct res ult o f t he work by  Prince  a nd  So ns  Inc. sha l l  be  repaired  at no cost to  the  custome  r.  An y  repairs  required  due  to  normal  wear,  vanda lis m  or  "Acts of God"  can be co mple ted upo n req uest and sha ll be  billed  at actua l  time and  materia ls  a t $65. 00  per  hour plus parts.

INDEPENDENT CONTRACTOR STATUS. It is understood by the parties that Pri nce and Sons I nc . is an indepe ndent contractor with  respect  to Davenport Road South CDD, and  not  an emp loyee of Davenport Road South CDD will not provide fringe bene fits, inc lud ing hea lth
insurance bene fits, pa id vacat io n, or any other employee bene fit, for the benefit of Prince and Sons I nc.

INJURIES. Prince and Sons Inc. ac know le dges Prince and Sons lnc.'s o bligat io n to obtain appropriate ins uranc e coverage for the  benefit of Prin ce  and Sons In c.  (a nd  Pr ince and So ns In c.'s employees, if any). Prince and Sons In c. waives any rig hts to reco very from Davenport Road South CDD for any injuries that Prince and So ns Inc. (and/or Prince and Sons Inc.'s
emplo yees) may susta i n while per fo rm in g services under this Co nt ract and that are a result  of  the  neg lige nce of Pr in ce and So ns In c. or Pri nce an d So ns lnc.' s emplo yees.

INDEMNIFICATION. Prin ce and So ns Inc. ag rees to inde mnif y and hold harm less
Davenport Road South CDD from all cla ims , losse s, e xpe nses, fees includ in g attorney fees, costs,

PRINCE
,,I &SONS INC.
200 S F. Street, Ha ines City, FL 33844 Pho ne: (863) 422-5207

and judgments that may be asserted against Davenport Road South CDD that result from the acts or omissions of Prince and Sons Inc., Prince and Sons lnc.'s employees, if any, and Prince and Sons Inc .'s agents.

PERSONNEL DRESS CODE: Employees shall wear uniforms or professional attire always. Clothing that expresses obscene la nguage or graphics, degrading or demeaning connotat io ns, is strictl y prohibited. Prince and Sons Inc. emp lo yees sha ll wear shi rts at all times and shall wear footwear that conforms to safe work practices.

ACCOUNT MANAGEMENT: A Prince and Sons Inc. account manag er will be assigned to this property. The account manager shall be a direct point of contact bet ween Davenport Road South CDD and Prince and Sons Inc. We ensure he/she adheres to Best  Maintenance  Practices and returns all ema il s and phone call s within a timely professio nal manner. Each Prince manager has been certified by the Landscape Maintenance  Assoc iatio n of  Flori da through  The Department of Agriculture.  Each  manager continues  viable education each year to provide industry leading knowledge and valuab le solutions to the customer.

WARRANTY: Prince and Sons Inc. offers a full 30 days warranty on a ll new plant' s ma teria l installed by Prince under our care and ma in tenance agreement.

INSURANCE. Prince and Sons Inc. will maintain at all times throughout the term of this agreement the followi ng in s urance:

Worker ' s Compensation Insurance in accordance with the  law s  of  the  State of Flo rida.
Commercial General Liability Insurance covering Prince and Sons Inc., legal lia bility for bodily injuries, with limits of$1,000,000 combined sing le limit bodily inj ury and property damage lia bility, and covering at least the following hazards:

Independent Contractors Coverage for the bodily inj ury and property damage in connection with any sub contractor' s operation.

Employer's Lia bi lit y Coverage with limits of $1 , 000,000 per accident or disease.

Automobile Liability Insurance for bodily injuries in  limits  of  $1,000,000  combined sing le limit bodily injury and for  property  damage,  providing  coverage  for  any accident arising out ofr esu lt ing from the operation,  maintenance,  or  use  by  Princ e and Sons Inc. of any owned, non-owned, or hir e d automobiles, trailers , or other equipment required to be lice nsed .

ENTIRE AGREEMENT. This Contract contains the entire agreement of the parties, and there are no other promises or conditions in any other contract whether oral or written.

PRINCE
-,,I &	SONS INC.
200 S F. Street, Haines City, FL 33844 Phone: (863) 422-5207

SEVERABILITY. If any provision of this Contract shall be held to be invalid or unen forcea ble for any reason, the rema inin g provisions shall cont in ue to be valid and
enfo rceab le. If a court finds that any provision of this Contract is in valid or unenforceable, but that by limiting such provision it would become valid and enforcea ble, then such provis ion shall be deemed to be written , construed, and enforced as so limited.

APPLICABLE LAW. This Contract shall be governed by the laws of the State of Florida.

TERMS: The term of this agreement shall be for twelve ill}_ mo nths , commencing on: May is•, 2020, and terminating on: May 1st, 2021. The Customer shall notify Prince and Sons
In c. in writin g of any unsat is factory work performance or problems and shall allow  Prince and Sons In c. the o pport unity to rectify any said problems in a timely manner, agreed to  by  both parties. This contract includes a thirty (30) day clause , in  which  it  may  be cancelled  by either party, with just cause and after providing the other party with a thirty (30) day written notice.

PAYMENT FOR SERVICES. During the term of this  agreement,  the  customer  shall  pay Prince and Sons Inc. the sum  of:  ($2,800.00)  Two Thousand  Eight  Hundred  Dollars  and 00/100 per month. As  set  forth  herein  on  Exhibit  A. Payments are due  the  I st  day of each  month for that mo nth' s service. Payments not received with in (30) thirty days may  be subject  to account being placed on hold until account is up to date.

Annual Total Cost: ($33,600.00) Thirty-Three Thousand Six Hundred Dollars and 00/100 per year.

CONDITIONS:
The monthly installment price for this contract is intended to reflect an equal monthly payment for the serv ice provided for the full term of one year. Upon ea rly cancellation or termination of this contract by either party, Prince and Sons Inc. shall receive the remainder of payment due for services provided. Payment of this amount shall be made by the Customer immediately upon termination. If legal action becomes necessary to collect any portion of this debt, the customer sha ll be responsible for all court and attorney fees incurred by Prince and Sons Inc. This contract constitutes the co mp lete ag reement	by both parties hereto regarding the matters set forth herein and supersedes all prior discussions, agreements, arrangements, representations and understandings.

PRINCE
,,,I & SONS INC.
200 S F. Street, Haine s City, FL 33844 Phone: (863) 422-5207

Lawn Maintenance Service Contract Agreement

This Lawn Service Contract (this "Contract") is made effective as of May JS', 2020, by and between Davenport Road South CDD of Davenport, FL 33837 and Prince and Sons In c., of 200 S F Street, Haines City, Florida 33844.

NOW, THEREFORE, FOR AND IN CONSIDERATION of the mutual promises and agreements contained herein, Davenport Road South COD hires Prince and Sons Inc., and Prince and Sons Inc. agrees to provide Lawn Service to the Davenport Road South COD at the following location Davenport, FL 33837 -under the terms and conditions hereby agreed upon by the parties :

DESCRIPTION OF SERVICES. Beginning on May JS', 2020, Prince and Sons Inc ., will provide the follo wing serv ice s (collectively, the "Services"):

MOWING OF TURF AREAS:
Mowing of all turf areas. Weed-eating (line trimming) & edging sha ll be performed during each mowing event. St. August ine grass is to be cut no less than 4", Bahia no less than 3" to foster photosynthesis and strong root development. Blades shall remain sharp always, vis ible cli ppin gs are to be removed to prevent thatch bui ld-up, mower operator will change patterns if possible per service to prevent rut s in turf. Blowing off all hard surfaces shall be performed imme diately following each mowing event, cli ppings are to be  kept  out of beds and  waterways. Trash  and small debris on grounds shall be discarded during service.

PRUNING & TRIMMING:
Palm Tree trimming $32.50 per palm. (Billable)
Selective prun ing of al l o rname ntal s hrubbery shall be performed at the best time for flower and bud development, fol iage growth and as necessary for the hea lth of the plants. Removal & disposal of all generated debris from the property shall be completed follow ing each pruning event.

PLANT BED WEED CONTROL:
Weed cont rol s ha ll be performed by using both pre-emergence and post-emergence herb ici des as needed on all pla nter beds. Remova l & dis posal of all generated  deb ris  from the property shall be completed following each weeding event.

HORTICULTURAL:
Shrubs- Sha ll be fertilized J times annually April & October with professional  products  us ing I 00% Poly-Coat. This process ensures year-round feeding of nutrients.
Turf- St Augustine Grass shall be fertilized and as prescribed by technician J times per year April & October.

Page 1 1 5

PRINCE
el & SONS INC.
200 S F. Street, Haine s Cit y, FL 33844 Phone: (863) 422-5207

or omiss io ns of Prince and Sons In c., Prince and Sons lnc.'s emp lo yees, if any, and Prince and Sons lnc.'s agents.

PERSONNEL DRESS CODE: Employees shall wea r un iforms or professional attire always. Clothing that expresses obscene la nguage or g raph ic s, degrading or demeanin  g  connotations,  is strictl y prohibited . Prince and Sons Inc. emp loyees sha ll wear shirts at all times and shall wea r footwear that conforms to safe work practice s.

ACCOUNT MANAGEMENT: A Prince and Sons I nc . account manage r wi ll be assigned  to this property. The account mana ger sha ll be a direct point of contact between Davenport Road South CDD and Prince and Sons Inc.  We  ensure  he/she  adheres  to  Best  Maintenance  Practices and returns all emai ls and phone calls within a time ly professio nal manne r. Each Prince mana ger  has been certified by  the  Landsca pe  Maintenance  Assoc iatio  n  of  Florida  thro ugh  The Department of Agricultur e. Each manager continues viable education each year to provide
industry le a ding knowle dge and valuable solut io ns to the customer.

WARRANTY: Princ e and Sons Inc. offers a full 30 days warrant y on all new plant's mat er ia l insta lled by Prince under our care and maintenanc e agreement.

INSURANCE. Prin ce and Sons Inc. will mainta in  at all times throug ho ut  the  term of  th is a g re e ment the following insurance:

Worker's Compensation Insurance in accordance with  the  la ws  of  the State  of Flor ida.
Commercial General Liability In surance covering Prince an d So ns Inc., le ga l lia bility for bodily injurie s, with l imits of $ 1, 000 , 0 0 0 combined sing le limit bodily inj ury and property damage lia bi lity, and covering at least the fo llowing haza rds:

Ind ependent Contractors Coverage for the bodily injury and property damage in connection with any subc ontractor' s operatio n.

Employe r' s Lia bility Coverage with limit s of $1,00 0, 000 per accident o r dise ase.

Auto mo bile Lia bilit y Insurance for bodily i njur ies in limits of $ 1,000,000 combined sing le limit bodily  inj ury and  for property damage,  providing coverage  for any accident arising out of resulting from the o peratio n,  ma int enance , or  use by  Prin ce and Sons Inc. of any owned, non- ow ned, or hir e d automo biles , trailers , or ot her equipment required to be licensed.

ENTIRE AGREEMENT. This Contract conta i ns the e ntir e agreement of the parties, and there are no other promises o r conditions in any other cont rac t whether oral or written.

P a g e 3 1 5

Davenport Road South Community Development District

Fiscal Year 2019 Audited Financial Report

Holly Hill Road East Community Development District

FINANCIAL STATEMENTS

September 30, 2019

Holly Hill Road East Community Development District
Table of Contents September 30, 2019

REPORT
Independent Auditors’ Report ..............................................................................................	1
FINANCIAL STATEMENTS
Management’s Discussion And Analysis (required supplemental information) ..................	3
Basic Financial Statements
Government-Wide Financial Statements
Statement of Net Position .............................................................................................	8
Statement of Activities ...................................................................................................	9
Fund Financial Statements
Balance Sheet – Governmental Funds ...........................................................................	10
Reconciliation of the Balance Sheet of Governmental Funds to the Statement
of Net Position................................................................................................................	11
Statement of Revenues, Expenditures and Changes in Fund Balances –
Governmental Funds .....................................................................................................	12
Reconciliation of the Statement of Revenues, Expenditures and Changes in
Fund Balances of Governmental Funds to the Statement of Activities .........................	13
Notes to Financial Statements ..............................................................................................	14
Required Supplemental Information (other than MD&A)
Budget to Actual Comparison Schedule - General Fund ...................................................	24
Independent Auditors’ Report on Internal Control Over Financial Reporting and on Compliance and Other Matters Based on an Audit of Financial Statements
Performed in Accordance With Government Auditing Standards........................................	25
Management Letter ..............................................................................................................	27
Independent Accountants’ Report on Compliance with Section 218.415 Florida Statutes .	29

INDEPENDENT AUDITORS’ REPORT

To the Board of Supervisors
Holly Hill Road East Community Development District Davenport, Florida

Report on the Financial Statements

We have audited the accompanying financial statements of the governmental activities and each major fund of Holly Hill Road East Community Development District (hereinafter referred to as “District”), as of and for the year ended September 30, 2019, and the related notes to the financial statements, which collectively comprise the District’s basic financial statements as listed in the table of contents.

Management’s Responsibility for the Financial Statements

Management is responsible for the preparation and fair presentation of these financial statements in accordance with accounting principles generally accepted in the United States of America; this includes the design, implementation, and maintenance of internal control relevant to the preparation and fair presentation of financial statements that are free from material misstatement, whether due to fraud or error.

Auditors’ Responsibility

Our responsibility is to express opinions on these financial statements based on our audit. We conducted our audit in accordance with auditing standards generally accepted in the United States of America and the standards applicable to financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free from material misstatement.

An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the financial statements. The procedures selected depend on the auditors’ judgment, including the assessment of the risks of material misstatement of the financial statements, whether due to fraud or error. In making those risk assessments, the auditor considers internal control relevant to the entity’s preparation and fair presentation of the financial statements in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the entity’s internal control. Accordingly, we express no such opinion. An audit also includes evaluating the appropriateness of accounting policies used and the reasonableness of significant accounting estimates made by management, as well as evaluating the overall presentation of the financial statements.

We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinions.

Opinions

In our opinion, the financial statements referred to above present fairly, in all material respects, the respective financial position of the governmental activities and each major fund of the District as of September 30, 2019, and the respective changes in financial position for the year then ended in accordance with accounting principles generally accepted in the United States of America.

Other Matters

Required Supplementary Information

Accounting principles generally accepted in the United States of America require that the management’s discussion and analysis and budgetary comparison information, as listed in the table of contents, be presented to supplement the basic financial statements. Such information, although not a part of the basic financial statements, is required by the Governmental Accounting Standards Board, who considers it to be an essential part of financial reporting for placing the basic financial statements in an appropriate operational, economic, or historical context. We have applied certain limited procedures to the required supplementary information in accordance with auditing standards generally accepted in the United States of America, which consisted of inquiries of management about the methods of preparing the information and comparing the information for consistency with management’s responses to our inquiries, the basic financial statements, and other knowledge we obtained during our audit of the basic financial statements. We do not express an opinion or provide any assurance on the information because the limited procedures do not provide us with sufficient evidence to express an opinion or provide any assurance.

Other Reporting Required by Government Auditing Standards

In accordance with Government Auditing Standards, we have also issued our report dated June 29, 2020, on our consideration of the District's internal control over financial reporting and our tests of its compliance with certain provisions of laws, regulations, contracts and grant agreements and other matters. The purpose of that report is solely to describe the scope of our testing of internal control over financial reporting and compliance and the results of that testing, and not to provide an opinion on the effectiveness of the District’s internal control over financial reporting or on compliance. That report is an integral part of an audit performed in accordance with Government Auditing Standards in considering the District’s internal control over financial reporting and compliance.

CARR, RIGGS & INGRAM, LLC

Miramar Beach, Florida June 29, 2020

Management’s Discussion And Analysis

Holly Hill Road East Community Development District Management’s Discussion and Analysis

Our discussion and analysis of the Holly Hill Road East Community Development District’s financial performance provides an overview of the District’s financial activities for the fiscal year ended September 30, 2019. Please read it in conjunction with the District’s financial statements, which begin on page 8.

FINANCIAL HIGHLIGHTS

At September 30, 2019, the assets of the District exceed its liabilities by approximately $1.2 million.

During the fiscal year ended September 30, 2019, the District issued Special Assessment Revenue Bonds, Series 2018 totaling $2.8 million and incurred approximately $183,000 of bond issuance costs. In addition, the District paid interest expenditures of approximately
$244,000 and repaid principal of approximately $1 million.

During the fiscal year ended September 30, 2019, the District incurred approximately $3.1 million of capital expenditures.

USING THE ANNUAL REPORT

This annual report consists of a series of financial statements. The Statement of Net Position and the Statement of Activities on pages 8 – 9 provide information about the activities of the District as a whole and present a longer-term view of the District’s finances. Fund financial statements start on page 10. For governmental activities, these statements tell how these services were financed in the short-term as well as what remains for future spending. Fund financial statements also report the District’s operations in more detail than the government-wide statements by providing information about the District’s most significant funds.

Reporting the District as a Whole

Our analysis of the District as a whole begins on page 4. One of the most important questions asked about the District’s finances is, “Is the District as a whole better off or worse off as a result of the year’s activities?” The Statement of Net Position and the Statement of Activities report information about the District as a whole and about its activities in a way that helps answer this question. These statements include all assets and liabilities using the accrual basis of accounting, which is similar to the accounting used by most private-sector companies. All of the current year’s revenues and expenses are taken into account regardless of when cash is received or paid.

These two statements report the District’s net position and related changes during the current year. You can think of the District’s net position – the difference between assets and liabilities – as one way to measure the District’s financial health, or financial position. Over time, increases or decreases in the District’s net position is one indicator of whether its financial health is improving or deteriorating. You will need to consider other nonfinancial factors; however, such as changes in the District’s assessment base and the condition of the District’s infrastructure, to assess the overall health of the District.

Holly Hill Road East Community Development District Management’s Discussion and Analysis

Reporting the District’s Most Significant Funds

Our analysis of the District’s major funds begins on page 6. The fund financial statements begin on page 10 and provide detailed information about the most significant funds – not the District as a whole. Some funds are required to be established by State law and by bond covenants. All of the District’s funds are governmental fund-types.

Governmental funds – All of the District’s basic services are reported in governmental funds, which focus on how money flows into and out of those funds and the balances left at year- end that are available for spending. The governmental fund statements provide a detailed short-term view of the District’s general government operations and the basic services it provides. Governmental fund information helps you determine whether there are more or fewer financial resources that can be spent in the near future to finance the District’s programs. We describe the relationship (or differences) between governmental activities and governmental funds in a reconciliation with the fund financial statements.

THE DISTRICT AS A WHOLE

The following table reflects the condensed Statement of Net Position and is compared to the prior year.

September 30,	2019	2018	Change	
Assets
Current and other assets	
$	475,209	
$	349,075	
$	126,134	
Capital assets, net	6,771,215	3,657,108	3,114,107	
Total assets	$	7,246,424	$	4,006,183	$	3,240,241	
Liabilities
Current liabilities	$	127,217	$	171,503	$	(44,286)	
Other liabilities	5,884,965	3,576,870	2,308,095	
Total liabilities	6,012,182	3,748,373	2,263,809	
Net position				
Net investment in capital assets Restricted for:
Debt service		1,053,141

114,323		116,089

25,622		937,052

88,701	
Capital projects		11,410		88,922		(77,512)	
Unrestricted		55,368		27,177		28,191	
Total net position		1,234,242		257,810		976,432	
Total liabilities and net position	$	7,246,424	$	4,006,183	$	3,240,241	

For more detailed information, see the accompanying Statement of Net Position.

Holly Hill Road East Community Development District Management’s Discussion and Analysis

During the fiscal year ended September 30, 2019, total assets and liabilities increased over the prior year by approximately $3.2 million and $2.3 million, respectively. The increase in assets and liabilities is primarily due to the issuance of the Series 2018 Bonds and the related capital project, which was ongoing at fiscal year-end.

The following schedule compares the Statement of Activities for the current and previous fiscal year.

For the year ended September 30,	2019	2018	Change	
Revenues:
Program revenues: Charges for services	

$	1,453,721	

$	659,837	

$	793,884	
Grants and contributions
General revenues:
Interest and other revenues	387,227

500	122,189
-
-	265,038

500	
Total revenues	1,841,448	782,026	1,059,422	
Expenses:				
General government	113,703	103,037	10,666	
Maintenance and operations	36,627	-	36,627	
Amenity	24,991	-	24,991	
Developer reimbursement	226,117	-	226,117	
Bond issue costs	182,750	240,201	(57,451)	
Interest	280,828	168,192	112,636	
Total expenses	865,016	511,430	353,586	
Change in net position	976,432	270,596	705,836	
Net position (deficit), beginning	257,810	(12,786)	270,596	
Net position, ending	$	1,234,242	$	257,810	$	976,432	
For more detailed information, see the accompanying Statement of Activities.

During the fiscal year ended September 30, 2019, total revenues and expenses increased over the prior year by approximately $1.1 million and $354,000, respectively. The increase in revenues is primarily due to debt service assessments and prepayment revenues in the current year related to lot sales. The increase in expenses is primarily due to the developer reimbursements and interest payments. The overall result was a $976,432 increase in net position for fiscal year 2019.

Holly Hill Road East Community Development District Management’s Discussion and Analysis

THE DISTRICT’S FUNDS

As the District completed the year, its governmental funds (as presented in the balance sheet on page 9) reported a combined fund balance of approximately $443,000, which is an increase from last year’s balance that totaled approximately $245,000. Significant transactions are discussed below.

During the fiscal year ended September 30, 2019, the District issued Special Assessment Revenues Bonds, Series 2018 totaling $2.8 million and incurred approximately $183,000 of bond issuance costs.

During the fiscal year ended September 30, 2019, the District incurred approximately $3.1 million of capital expenditures.

During the fiscal year ended September 30, 2019, the District paid interest expenditures of approximately $244,000 and repaid principal of approximately $1 million.

The overall increase in fund balance for the year ended September 30, 2019 totaled approximately
$197,000.

CAPITAL ASSET AND DEBT ADMINISTRATION

Capital Assets

At September 30, 2019, the District had approximately $6.8 million invested in capital assets. This amount represents an increase of approximately $3.1 million from the fiscal year 2018 total.

A listing of capital assets by major category for the current and prior year follows:

September 30,	2019	2018	Change

Capital assets not being depreciated

$	6,771,215	$

3,657,108	$

3,114,107

More information about the District’s capital assets is presented in Note 4 to the financial statements

Debt

At September 30, 2019, the District had $5.9 million of outstanding long-term debt. This amount represents an increase of $2.3 million over the fiscal year 2018 total.

Holly Hill Road East Community Development District Management’s Discussion and Analysis

A listing of debt amounts outstanding for the current and prior year is as follows:

September 30,	2019	2018	Change

Due to developer	$	512,655	$	-	$	512,655	
Series 2017 bonds	3,515,000	3,590,000	(75,000)	
Series 2018 bonds	1,870,000	-	1,870,000	
	$	5,897,655	$	3,590,000	$	2,307,655	

More information about statements.	
the District’s long-term debt is presented in Note 5 to the financial	

GOVERNMENTAL FUNDS BUDGETARY HIGHLIGHTS

An Operating budget was established by the governing board for the District pursuant to the requirements of Florida Statutes. The budget to actual comparison for the general fund, including the original budget and final adopted budget, is shown at page 24.

The District experienced an unfavorable variance of $7,216 in revenues and a favorable variance of
$35,679 in expenditures as compared to the budget. The variance is expenditures occurred primarily due to the District budgeting conservatively, particularly related to landscaping and amenity maintenance. Revenues varied due to the District receiving less in inter-governmental revenues than anticipated.

FUTURE FINANCIAL FACTORS

Holly Hill Road East Community Development District is an independent special district that operates under the provisions of Chapter 190, Florida Statutes. The District operates under an elected Board of Supervisors, which establishes policy and sets assessment rates. Assessment rates for fiscal year 2020 were established to provide for the operations of the District as well as the necessary debt service requirements.

CONTACTING THE DISTRICT’S FINANCIAL MANAGEMENT

This financial report is designed to provide a general overview of the District’s finances. If you have questions about this report or need additional financial information, contact the Holly Hill Road East Community Development District’s management company at 12051 Corporate Blvd., Orlando, Florida 32817.

Basic Financial Statements

Holly Hill Road East Community Development District
Statement of Net Position

September 30,	2019	
	Governmental	
	Activities	
Assets
Cash and cash equivalents	
$	26,702	
Investments	397,945	
Accounts receivable	8,259	
Due from Developer	11,359	
Interest receivable	552	
Deposits	1,160	
Prepaid expenses	29,232	
Capital assets:
Not being depreciated	
6,771,215	

Total assets	
7,246,424	

Liabilities		
Accounts payable	21,344	
Accrued interest payable	105,873	
Non-current liabilities:
Due to developer	
512,655	
Due within one year	105,000	
Due in more than one year	5,267,310	

Total liabilities	
6,012,182	

Net position		
Net investment in capital assets	1,053,141	
Restricted for:
Debt service	
114,323	
Capital projects	11,410	
Unrestricted	55,368	

Total net position	$	1,234,242

Holly Hill Road East Community Development District
Statement of Activities

For the year ended September 30,

2019

Program Revenues

Net (Expense) Revenue and Changes in Net Position

Functions/Programs	

Expenses	
Charges for Services	Operating
Grants and Contributions	Capital
Grants and Contributions	
Governmental Activities	
Primary government:						
Governmental activities:						
General government	$ (113,703)	$	142,138	$	-	$	367,849	$	396,284	
Maintenance						
and operations	(36,627)	45,787	-	-	9,160	
Amenity	(24,991)	15,359	-	-	(9,632)	
Developer reimbusrment	(226,117)	-	-	-	(226,117)	
Bond issuance costs	(182,750)	-	-	-	(182,750)	
Interest	(280,828)	1,250,437	9,965	9,413	988,987	

Total governmental						
activities	$ (865,016)	$ 1,453,721	$	9,965	$	377,262	975,932	

General revenues
Interest and other revenues	

500	

Total general revenues	
500	

Change in net position	
976,432	
Net position - beginning of year	257,810	

Net position - end of year	
$ 1,234,242	

Holly Hill Road East Community Development District
Balance Sheet – Governmental Funds

September 30,		2019		
			Total	
		Capital	Governmental	
	General	Debt Service	Projects	Funds	
Assets				
Cash and cash equivalents	$	26,702	$	-	$	-	$	26,702	
Investments	-	397,894	51	397,945	
Accounts receivable	8,259	-	-	8,259	
Due from Developer	-	-	11,359	11,359	
Interest receivable	-	552	-	552	
Deposits	1,160	-	-	1,160	
Prepaid expenditures	29,232	-	-	29,232	
Due from other funds	-	471	-	471	

Total assets	
$	65,353	
$	398,917	$	11,410	
$	475,680	

Liabilities, Deferred Inflows of				
Resources, and Fund Balances				
Liabilities				
Accounts payable	$	9,985	$	-	$	11,359	$	21,344	
Due to other funds	471	-	-	471	
Total liabilities	10,456	-	11,359	21,815	
Deferred inflows of resources				
Deferred revenue	-	-	11,359	11,359	
Total deferred inflows of resources	-	-	11,359	11,359	

Fund balances					
Nonspendable	30,392	-	-	30,392	
Restricted for debt service	-	398,917	-	398,917	
Unassigned	24,505	-	(11,308)	13,197	
Total fund balances (deficit)	54,897	398,917	(11,308)	442,506	

Total liabilities, deferred inflows of					
resources, and fund balances	$	65,353	$	398,917	$	11,410	$	475,680	

Holly Hill Road East Community Development District Reconciliation of the Balance Sheet of Governmental Funds to the Statement of
Net Position

September 30,	2019	

Total fund balances, governmental funds	
$	442,506	
Capital assets used in governmental activities are not financial resources and		
therefore are not reported in the fund level statements.	6,771,215	
Revenue reported in the Statement of Activities that was not collected within 60		
days of the current year-end was deferred in the fund financial statements.	11,359	
Liabilities not due and payable from current resources are not reported in the fund level statements.	
(5,990,838)	

Total net position - governmental activities	
$ 1,234,242	

Holly Hill Road East Community Development District Reconciliation of the Statement of Revenues, Expenditures and Changes in Fund Balances of Governmental Funds to the Statement of Activities

For the year ended September 30,

Revenues

2019

General	Debt Service

Capital Projects

Total Governmental Funds

Assessments	$ 187,925	$	232,794	$	-	$	420,719	
Developer contributions	-	-	358,189	358,189	
Prepayment assessments	-	1,017,643	-	1,017,643	
Inter-governmental revenues	15,359	-	-	15,359	
Interest and other revenues	500	9,965	9,413	19,878	
Total revenues	203,784	1,260,402	367,602	1,831,788	

Expenditures
Current:
General government	113,703	-	-	113,703	
Maintenance and operations	36,627	-	-	36,627	
Amenity	24,991	-	-	24,991	
Developer reimbursement Debt service:
Principal	-	-	226,117

-	1,005,000	-	226,117

1,005,000	
Interest	-	244,114	-	244,114	
Bond issue costs	-	-	182,750	182,750	
Capital outlay	-	-	3,114,107	3,114,107	
Total expenditures	175,321	1,249,114	3,522,974	4,947,409	

Excess (deficit) of revenues over					
expenditures	28,463	11,288	(3,155,372)	(3,115,621)	

Other Financing Sources (uses)					
Bond proceeds	-	207,381	2,592,619	2,800,000	
Developer advance	-	-	512,655	512,655	
Transfers in	(743)	-	-	(743)	
Transfers out	-	(47,253)	47,996	743	
Total other financing sources (uses)	(743)	160,128	3,153,270	3,312,655	

Net change in fund balances	
27,720	
171,416	
(2,102)	
197,034	
Fund balances (deficit), beginning of year	27,177	227,501	(9,206)	245,472	

Fund balances (deficit), end of year	
$ 54,897	
$	398,917	
$	(11,308)	
$	442,506	

Holly Hill Road East Community Development District Reconciliation of the Statement of Revenues, Expenditures and Changes in Fund Balances of Governmental Funds to the Statement of Activities

For the year ended September 30,	2019	

Net change in fund balances - governmental funds	
$	197,034	
Capital outlay, reported as expenditures in the governmental funds, is shown as capital assets on the Statement of Net Position.	
3,114,107	
Bond proceeds, net of discount, which are reported as other financing sources in the governmental funds are recognized as long-term liabilities in the Statement of Net Position.	

(2,800,000)	
Developer advances are recorded as other financing sources on the fund level financial statements but are treated as a liability on the Statement of Net Position.	

(512,655)	
Revenues that do not provide current financial resources are deferred on the fund level financial statements but are recognized as revenue in the government-wide Statement of Activities.	

11,359	
Revenues previously recognized in the government-wide Statement of Activities, which were deferred in the fun level financial statements.	
(1,699)	

Repayment of long-term liabilities are reported as expenditures in the governmental fund statement but such repayments reduce liabilities in the

Statement of Net Position and are eliminated in the Statement of Activities.	1,005,000	
Amortization of original issue discount is not recognized in the governmental fund		
statement but is reported as an expense in the Statement of Activities.	(440)	
The change in accrued interest between the current and prior year is recorded on the Statement of Activities but not on the fund level statements.	
(36,274)	

Change in net position of governmental activities	
$	976,432	

Holly Hill Road East Community Development District
Notes to Financial Statements

NOTE 1: NATURE OF ORGANIZATION

The Holly Hill Road East Community Development District (the “District”) was established on July  10, 2017 pursuant to the Uniform Community Development District Act of 1980, otherwise known as Chapter 190, Florida Statutes, by the City Commission of the City of Davenport Ordinance 2017- 814. The Act provides among other things, the power to manage basic services for community development, power to borrow money and issue bonds, and to levy and assess non-ad valorem assessments for the financing and delivery of capital infrastructure.

The District was established for the purposes of financing and managing the acquisition, construction, maintenance and operation of a portion of the infrastructure necessary for community development within the District.

The District is governed by a Board of Supervisors (“Board”), which is comprised of five members. The Supervisors are elected on an at large basis by the owners of the property within the District. The Board of Supervisors of the District exercises all powers granted to the District pursuant to Chapter 190, Florida Statutes. At September 30, 2019, certain Board members were affiliated with East Tenth, LLC (“the Developer”).

The Board has the final responsibility for:
Assessing and levying assessments.
Approving budgets.
Exercising control over facilities and properties.
Controlling the use of funds generated by the District.
Approving the hiring and firing of key personnel.
Financing improvements.

In evaluating how to define the government, for financial reporting purposes, management has considered all potential component units. The decision to include or exclude a potential component unit in the reporting entity was made by applying the criteria set forth by Generally Accepted Accounting Principles (GAAP) as defined by the Governmental Accounting Standards Board (GASB). Based on the foregoing criteria, no potential component units were found.

NOTE 2: SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

The accounting policies of the District conform to GAAP as applicable to governments in accordance with those promulgated by GASB. The following is a summary of the more significant policies:

Government-wide and Fund Financial Statements

The basic financial statements include both government-wide and fund financial statements.

Holly Hill Road East Community Development District
Notes to Financial Statements

NOTE 2: SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)

The government-wide financial statements (i.e., the Statement of Net Position and the Statement of Activities) report information on all the non-fiduciary activities of the primary government. Governmental activities, which normally are supported by assessments, are reported separately from business-type activities, which rely to a significant extent on fees and charges for support. The business-type activities are reported separately in government-wide financial statements; however, at September 30, 2019, the District did not have any significant business-type activities. Therefore, no business-type activities are reported. Assessments and other items not properly included as program revenues (i.e., charges to customers or applicants who purchase, use, or directly benefit from goods or services) are reported as general revenues.

Separate financial statements are provided for governmental funds. Major individual governmental funds are reported as separate columns in the fund financial statements.

Measurement Focus, Basis of Accounting and Basis of Presentation

The government-wide financial statements are reported using the economic resources measurement focus and the accrual basis of accounting. Revenues are recorded when earned and expenses are recorded when a liability is incurred, regardless of the timing of the related cash flows. Assessments are recognized as revenues in the year for which they are levied. Grants and other similar items are to be recognized as revenue as soon as all eligibility requirements imposed by the provider have been met.

Governmental fund financial statements are reported using the current financial resources measurement focus and the modified accrual basis of accounting. Revenues are recognized as soon as they are both measurable and available. Revenues are considered to be available when they are collectible within the current period or soon enough thereafter to pay liabilities of the current period. For this purpose, the District considers revenues to be available if they are collected within 60 days of the end of the current fiscal period. Expenditures generally are recorded when a liability is incurred, as under accrual accounting.

Assessments, including debt service assessments along with operation and maintenance assessments, are non-ad valorem special assessments imposed on all lands located within the District and benefited by the District’s activities. Assessments are levied and certified for collection by the District prior to the start of the fiscal year which begins October 1st and ends on September 30th. Operation and maintenance special assessments are imposed upon all benefited lands located in the District. Debt service special assessments are imposed upon certain lots and lands as described in each resolution imposing the special assessment for each series of bonds issued by the District.

Assessments, developer contributions, and interest associated with the current fiscal period are all considered to be susceptible to accrual and have been recognized as revenues of the current fiscal period. All other revenue items are considered to be measurable and available only when cash is received by the District.

Holly Hill Road East Community Development District
Notes to Financial Statements

NOTE 2: SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)

The District reports the following major governmental funds:

General Fund – The General Fund is the primary operating fund of the District. It is used to account for all financial resources except those required to be accounted for in other funds.

Debt Service Fund – The Debt Service Fund is used to account for the accumulation of resources for the annual payment of principal and interest on long-term debt.

Capital Projects Fund – The Capital Projects Fund accounts for the financial resources to be used in the acquisition or construction of major infrastructure within the District.

For the year ended September 30, 2019, the District does not report any proprietary funds. As a general rule, the effect of interfund activity has been eliminated from the government-wide financial statements.

When both restricted and unrestricted resources are available for use, it is the District’s policy to use restricted resources first, then unrestricted resources as they are needed. When committed, assigned, or unassigned resources are available for use in the governmental fund financial statements, it is the government’s policy to use committed resources first, followed by assigned resources, then unassigned resources as needed.

Cash, Deposits and Investments

The District maintains deposits with "Qualified Public Depositories" as defined in Chapter 280, Florida Statutes. All Qualified Public Depositories must place with the Treasurer of the State of Florida securities in accordance with collateral requirements determined by the State’s Chief Financial Officer. In the event of default by a Qualified Public Depository, the State Treasurer will pay public depositors all losses. Losses in excess of insurance and collateral will be paid through assessments between all Qualified Public Depositories.

Under this method, all the District's deposits are fully insured or collateralized at the highest level of security as defined by GASB, Statement Number 40, Deposits and Investment Disclosures (An Amendment of GASB, Statement Number 3).

The District is authorized to invest in financial instruments as established by Section 218.415, Florida Statutes. The authorized investments include among others direct obligations of the United States Treasury; the Local Government Surplus Trust Funds as created by Section 218.405, Florida Statutes; SEC registered money market funds with the highest credit quality rating from a nationally recognized rating agency; and interest-bearing time deposits or savings accounts in authorized financial institutions.

Holly Hill Road East Community Development District
Notes to Financial Statements

NOTE 2: SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)

Prepaid Expenses

Certain payments to vendors reflect costs applicable to future accounting periods and are recorded as prepaid expenditures on the Statement of Net Position. These items will be expensed over the applicable usage period.

Capital Assets

Capital assets, which include primarily infrastructure assets (e.g., roads, sidewalks, water management systems and similar items), are reported in the governmental activities column in the government-wide financial statements. Capital assets are defined by the District as assets with an initial/individual cost of more than $5,000 and an estimated useful life in excess of two years. Such assets are recorded at historical cost and estimated historical cost if purchased or constructed. Donated assets are recorded at estimated fair market value at the date of donation.

The costs of normal maintenance and repairs that do not add to the value of the asset or materially extend asset lives are not capitalized. Major outlays for capital assets and improvements are capitalized as projects are constructed.

Property, plant and equipment of the primary government will be depreciated using the straight- line method over the estimated useful lives when the assets are completed and placed into service. Estimated useful lives for financial reporting purposes are anticipated as follows: infrastructure and other improvements: 30 years.

In the governmental fund financial statements, amounts incurred for the acquisition of capital assets are reported as fund expenditures. Depreciation expense is not reported in the  governmental fund financial statements.

Long-Term Obligations

In the government-wide financial statements, long-term debt and other long-term obligations are reported as liabilities in the Statement of Net Position. Bond premiums and discounts are deferred and amortized over the life of the bonds using the straight-line or effective interest method. Bonds payable are reported net of these premiums or discounts. Issuance costs, whether or not withheld from the actual debt proceeds received, are reported as current period expenditures.

In the fund financial statements, governmental fund types recognize bond premiums and discounts during the current period. The face amount of the debt issued is reported as other financing sources. Premiums received on debt issuances are reported as other financing sources while discounts on debt issuances are reported as other financing uses. Issuance costs, whether or not withheld from the actual debt proceeds received, are reported as debt service expenditures.

Holly Hill Road East Community Development District
Notes to Financial Statements

NOTE 2: SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)

Deferred Outflows/Inflows of Resources

In addition to assets, the Statement of Net Position and Balance Sheet – Governmental Funds will sometimes report a separate section for deferred outflows of resources. This separate financial statement element, deferred outflows of resources, represents a consumption of net position that applies to a future period(s) and so will not be recognized as an outflow of resources (expense/expenditure) until then. The District does not have any of this type of item at September 30, 2019.

In addition to liabilities, the Statement of Net Position and Balance Sheet – Governmental Funds will sometimes report a separate section for deferred inflows of resources. This separate financial statement element, deferred inflows of resources, represents an acquisition of net position that applies to a future period(s) and so will not be recognized as an inflow of resources (revenue) until that time. The District only has one item, deferred revenue, which qualifies for reporting in this category. Deferred revenue results from revenues not being collected within enough time to be considered available to pay current expenditures.

Fund Equity

Net position in the government-wide financial statements represents the difference between assets and deferred outflows of resources and liabilities and deferred inflows of resources and is categorized as net investment in capital assets, restricted or unrestricted. Net investment in capital assets represents assets related to infrastructure and property, plant and equipment, net of any related debt. Restricted net position represents the assets restricted by creditors or laws and regulations of other governments.

Governmental fund equity is classified as fund balance. Fund balance is further classified as nonspendable, restricted, committed, assigned, or unassigned. Nonspendable fund balance cannot be spent because of its form. Restricted fund balance has limitations imposed by creditors,  grantors, or contributors or by enabling legislation or constitutional provisions. Committed fund balance is a limitation imposed by the District board through approval of resolutions. Assigned fund balance is a limitation imposed by a designee of the District board. Unassigned fund balance in the General Fund is the net resources in excess of what can be properly classified in one of the above four categories. Negative unassigned fund balance in other governmental funds represents excess expenditures incurred over the amounts restricted, committed, or assigned to those purposes.

Estimates

The preparation of financial statements in conformity with accounting principles generally accepted in the U.S. requires management to make estimates and assumptions that affect certain reported amounts and disclosures. Accordingly, actual results could differ from those estimates.

Holly Hill Road East Community Development District
Notes to Financial Statements

NOTE 2: SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)

Budgets

The District is required to establish a budgetary system and an approved annual budget. Annual budgets are legally adopted on a basis consistent with GAAP for the General Fund. Any revision to the budget must be approved by the District Board. The budgets are compared to actual expenditures. In instances where budget appropriations and estimated revenues have been revised during the year, budget data presented in the financial statements represent final authorization amounts.

The District follows these procedures in establishing the budgetary data reflected in the financial statements:

Each year the District Manager submits to the District Board a proposed operating budget for the fiscal year commencing the following October 1.
A public hearing is conducted to obtain comments.
Prior to October 1, the budget is legally adopted by the District Board.
All budget changes must be approved by the District Board, unless otherwise delegated by the District Board.
Budgets are adopted on a basis consistent with accounting principles generally accepted in the United States of America.

NOTE 3: INVESTMENTS

All investments held at September 30, 2019 consist of money market funds in which shares are owned in the fund rather than the underlying investments. In accordance with GASB 72, Fair Value Measurement and Application, these amounts are reported at amortized cost.

The following is a summary of the District’s investments:

September 30,	2019	Credit Risk	Maturities

 Short-term Money Market Funds	$	397,945	S&P AAAm	27 days

Concentration risk – The District’s investment policy requires diversification, but does not specify limits on types of investments.

Custodial credit risk – For an investment, custodial credit risk is the risk that the District will not be able to recover the value of the investments or collateral securities that are in the possession of an outside party. The District has no formal policy for custodial risk. At September 30, 2019, none of the investments listed above are exposed to custodial credit risk because their existence is not evidenced by securities that exist in physical or book entry form.

Holly Hill Road East Community Development District
Notes to Financial Statements

NOTE 3: INVESTMENTS (Continued)

Interest rate risk – The District does not have a formal policy for addressing interest rate risk; however, investments are made with discretion, to seek reasonable returns, preserve capital, and in general, avoid speculative investments. The District manages its exposure to declines in fair values from interest rate changes by reviewing the portfolio on an ongoing basis for changes in effective yield amounts.

NOTE 4: CAPITAL ASSETS

The following is a summary of changes in the capital assets for the year ended September 30, 2019:

	Beginning
Balance	
Additions	
Disposals	Ending
Balance	
Governmental Activities:
Capital assets not being depreciated
Construction in progress	

$ 3,657,108	

$ 3,114,107	

$	-	$	

6,771,215	
Total capital assets, not being depreciated	3,657,108	3,114,107	-	6,771,215	
Governmental activities capital assets, net	$ 3,657,108	$ 3,114,107	$	-	$	6,771,215	

The total project cost of the infrastructure has been estimated at approximately $17.1 million which is expected to be financed with the proceeds from the issuance of Bonds. Any additional costs will be funded by additional bond issuances or the Developer. The infrastructure will include potable water and wastewater systems, storm water drainage system improvements, offsite road improvements and amenities. Upon completion certain assets will be conveyed to other entities for ownership and/or maintenance.

NOTE 5: LONG TERM LIABILITIES

On November 9, 2017, the District issued $4,160,000 of Special Assessment Revenue Bonds, Series 2017 consisting of $370,000 Term Bonds due May, 2023 with a fixed interest rate of 3.5%, $455,000 Term Bonds due May 1, 2028 with a fixed interest rate of 4.125%, $1,270,000 Term Bonds due May 1, 2038 with an interest rate of 4.7%, and $2,065,000 Term Bonds due May 1, 2048 with a fixed interest rate of 5%. The Bonds were issued to finance the acquisition and construction of certain improvements for the benefit of the District. Interest is to be paid semiannually on each May 1 and November 1. Principal on the Series 2017 Bonds is to be paid serially commencing May 1, 2019 through May 1, 2048. The Series 2017 Bonds are subject to optional redemption beginning May 1, 2028 and to extraordinary mandatory redemption prior to maturity in the manner determined by the Bond Registrar if certain events occur as outlined in the Bond Indenture.

Holly Hill Road East Community Development District
Notes to Financial Statements

NOTE 5: LONG TERM LIABILITIES (Continued)

On October 19, 2018, the District issued $2,800,000 of Special Assessment Bonds, Series 2018 consisting of $245,000 Term Bonds due May 1, 2024 with a fixed interest rate of 4.25%, $895,000 Term Bonds due May 1, 2036 with a fixed interest rate of 5%, and $1,660,000 Term Bonds due May 1, 2048 with a fixed interest rate of 5.25%. The Bonds were issued to provide funding to pay a portion of the costs of the planning, financing, acquisition, construction, equipping and installation of the Series 2018 project. Interest is to be paid semiannually on each May and November 1, commencing on May 1, 2019. Principal on the Bonds is to be paid serially commencing May 1, 2019 through May 1, 2048. The Series 2018 Bonds may, at the option of the District, be called for redemption prior to maturity as discussed in the Bond Indenture. The Bonds are subject to optional and extraordinary mandatory redemption prior to maturity in the manner determined by the Bond Registrar if certain events occur as outlined in the Bond Indenture.

The Bond Indenture has certain restrictions and requirements relating principally to the use of proceeds to pay for infrastructure improvement and the procedure to be followed by the District on assessments to property owners. The District agreed to levy special assessments in the annual amounts adequate to provide payment of debt service and to meet the debt service reserve requirement. The District is in compliance with the requirements of the Bond Indenture.

The Bond Indenture requires that the District maintain adequate funds in the reserve account to meet the debt service reserve requirement as defined in the Indenture. The requirement has been met for the fiscal year ended September 30, 2019.

Long-term liability activity for the year ended September 30, 2019, was as follows:

Governmental Activities

Beginning
Balance	Additions	Reductions

Ending Balance

Due Within One Year

Due to Developer	$	-	$	512,655	$	-	$	512,655	$	-	
Bonds Payable:						
Series 2017	3,590,000	-	(75,000)	3,515,000	60,000	
Series 2018	-	2,800,000	(930,000)	1,870,000	45,000	
	$ 3,590,000	$ 3,312,655	$ (1,005,000)	$ 5,897,655	$	105,000	
The balance of the long-term bonds at September 30, 2019 is summarized as follows:
September 30,	2019
Bond principal balance	$	5,385,000	
Less unamortized bond discount	(12,690)	
	$	5,372,310	

Holly Hill Road East Community Development District
Notes to Financial Statements

NOTE 5: LONG TERM LIABILITIES (Continued)

At September 30, 2019, the scheduled debt service requirements on long-term debt were as follows:

For the year Ending September 30,	
Principal	
Interest	Total Debt
Service	
2020	$	105,000	$	289,411	$	394,411	
2021	110,000	309,239	419,239	
2022	115,000	303,048	418,048	
2023	120,000	296,751	416,751	
2024	130,000	290,023	420,023	
2025-2029	720,000	1,361,593	2,081,593	
2030-2034	905,000	1,177,488	2,082,488	
2035-2039	1,150,000	937,522	2,087,522	
2040-2044	1,225,000	592,909	1,817,909	
2045-2048	805,000	124,500	929,500	
	$	5,385,000	$	5,682,483	$	11,067,483	

NOTE 6: RISK MANAGEMENT

The District is exposed to various risks of loss related to torts; theft of, damage to, and destruction of assets; errors and omissions; and natural disasters. The District maintains commercial insurance coverage to mitigate the risk of loss. Coverage may not extend to all situations. Management believes such coverage is sufficient to preclude any significant uninsured losses to the District. Settled claims have not exceeded this commercial coverage since the District’s inception.

NOTE 7: MANAGEMENT COMPANY

The District has contracted with a management company to perform management advisory services, which include financial and accounting advisory services. Certain employees of the management company also serve as officers (Board appointed non-voting positions) of the District. Under the agreement, the District compensates the management company for management, accounting, financial reporting, and other administrative costs.

NOTE 8: DEVELOPER ACTIVITY

A significant portion of the District’s activity is dependent upon the continued involvement of the Developer, East Tenth, LLC, the loss of which could have a material adverse effect on the District’s operations.

Holly Hill Road East Community Development District
Notes to Financial Statements

NOTE 8: DEVELOPER ACTIVITY (Continued)

During the year ended September 30, 2019, the Developer was assessed approximately $48,000 for operations and maintenance. In addition, the Developer contributed approximately $358,000 to fund the construction of certain infrastructure projects, of which $11,359 is recorded as Due from developer on the accompanying Statement of Net Position and Balance Sheet – Governmental Funds. The Developer also remitted prepayment assessments totaling $1 million to the District during the year. The due to Developer amount on the Statement of Net Position totaling $512,665 is related to long-term developer advances to fund the construction of infrastructure in the anticipation of additional bond issuances. The activity for the year is detailed in Note 5. In addition, the District repaid the Developer $226,117 for funds advanced to the District in prior years for construction.

NOTE 9: RELATED PARTY TRANSACTIONS

During the year ended September 30, 2019, the District incurred $45,000 of construction management expenses with Heath Construction & Management, LLC, whose CEO is the District’s Board Chairman.

NOTE 10: SUBSEQUENT EVENTS

In March 2020, the World Health Organization made the assessment that the outbreak of a novel coronavirus (COVID-19) can be characterized as a pandemic. As a result, uncertainties have arisen that may have significant negative impact on the operating activities and results of the District. The occurrence and extent of such an impact will depend on future developments, including (i) the duration and spread of the virus, (ii) government quarantine measures, (iii) voluntary and precautionary restrictions on travel or meetings, (iv) the effects on the financial markets, and (v) the effects on the economy overall, all of which are uncertain.

On May 20, 2020, the District issued $3,660,000 of Special Assessment Revenue Bonds, Series 2020 consisting of $320,000 Term Bonds due November 1, 2025 with a fixed interest rate of 4.0%,
$480,000 Term Bonds due November 1, 2031 with a fixed interest rate of 4.5%, $1,185,000 Term Bonds due November 1, 2041 with an interest rate of 5%, and $1,675,000 Term Bonds due November 1, 2050 with a fixed interest rate of 5%. The Bonds were issued to finance the acquisition and construction of certain improvements for the benefit of the District. Interest is to be paid semiannually on each May 1 and November 1 commencing November 1, 2020. Principal on the Series 2020 Bonds is to be paid serially commencing May 1, 2021 through May 1, 2050.

Required Supplemental Information (Other Than MD&A)

Holly Hill Road East Community Development District Budget to Actual Comparison Schedule – General Fund

For the year ended September 30,		2019		
	Original and	Actual	Variance with	
	Final Budget	Amounts	Final Budget	
Revenues
Assessment revenue	
$	186,000	
$	187,925	
$	1,925	
Inter-government revenue	25,000	15,359	(9,641)	
Interest and other revenues	-	500	500	
Total revenues	211,000	203,784	(7,216)	

Expenditures
General government	

103,800	

113,703	

(9,903)	
Field operations	48,865	36,627	12,238	
Amenity	58,335	24,991	33,344	
Total expenditures	211,000	175,321	35,679	
Excess of revenues over expenditures	
$	-	
$	28,463	
$	28,463	

INDEPENDENT AUDITORS’ REPORT ON INTERNAL CONTROL OVER FINANCIAL REPORTING AND ON COMPLIANCE AND OTHER MATTERS BASED ON AN AUDIT OF FINANCIAL STATEMENTS PERFORMED IN ACCORDANCE WITH GOVERNMENT AUDITING STANDARDS

To the Board of Supervisors
Holly Hill Road East Community Development District Davenport, Florida

We have audited, in accordance with the auditing standards generally accepted in the United States of America and the standards applicable to financial audits contained in Government Auditing Standards issued by the Comptroller General of the United States, the financial statements of the governmental activities and each major fund of Holly Hill Road East Community Development District (hereinafter referred to as the “District”), as of and for the year ended September 30, 2019, and the related notes to the financial statements, which collectively comprise the District’s basic financial statements, and have issued our report thereon dated June 29, 2020.

Internal Control Over Financial Reporting

In planning and performing our audit of the financial statements, we considered the District’s internal control over financial reporting (internal control) to determine the audit procedures that are appropriate in the circumstances for the purpose of expressing our opinions on the financial statements, but not for the purpose of expressing an opinion on the effectiveness of the District’s internal control. Accordingly, we do not express an opinion on the effectiveness of the District’s internal control.

A deficiency in internal control exists when the design or operation of a control does not allow management or employees, in the normal course of performing their assigned functions, to prevent, or detect and correct, misstatements on a timely basis. A material weakness is a deficiency, or a combination of deficiencies, in internal control, such that there is a reasonable possibility that a material misstatement of the entity’s financial statements will not be prevented, or detected and corrected on a timely basis. A significant deficiency is a deficiency, or a combination of deficiencies, in internal control that is less severe than a material weakness, yet important enough to merit attention by those charged with governance.

Our consideration of internal control was for the limited purpose described in the first paragraph of this section and was not designed to identify all deficiencies in internal control that might be material weaknesses or significant deficiencies, and therefore, material weaknesses or significant deficiencies may exist that were not identified. We did identify a deficiency in internal control described below as item IC2019-001 that we consider to be a material weakness.

IC2019-001: Bond discount

Condition: As part of our audit procedures, we identified approximately $70,000 of original issue and underwriter’s discount that were not recorded on the District’s fund level financial statements as of September 30, 2019.

Criteria: Internal controls relating to the accounting process related to bond issuances should be in place to provide reasonable assurance that bond issuance related costs are properly recorded.

Cause: The District only recorded the cash activity of the bond issuance.
Effect: Bond issuance costs and long-term debt on the financial statements were understated by approximately $70,000.

Recommendation: We recommend the District record the face amount of bond proceeds and related issuance costs.

Management Response: The District has already taken further steps to ensure that this oversight is avoided in the future.

Compliance and Other Matters

As part of obtaining reasonable assurance about whether the District’s financial statements are free from material misstatement, we performed tests of its compliance with certain provisions of laws regulations, contracts, and grant agreements, noncompliance with which could have a direct and material effect on the determination of financial statement amounts. However, providing an opinion on compliance with those provisions was not an objective of our audit, and accordingly, we do not express such an opinion. The results of our tests disclosed no instances of noncompliance or other matters that are required to be reported under Government Auditing Standards.

Purpose of this Report

The purpose of this report is solely to describe the scope of our testing of internal control and compliance and the results of that testing, and not to provide an opinion on the effectiveness of the District’s internal control or on compliance. This report is an integral part of an audit performed in accordance with Government Auditing Standards in considering the District’s internal control and compliance. Accordingly, this communication is not suitable for any other purpose.

CARR, RIGGS & INGRAM, LLC

Miramar Beach, Florida June 29, 2020

MANAGEMENT LETTER

To the Board of Supervisors
Holly Hill Road East Community Development District Davenport, Florida

Report on the Financial Statements

We have audited the financial statements of the Holly Hill Road East Community Development District (“District”) as of and for the fiscal year ended September 30, 2019, and have issued our report thereon dated June 29, 2020.

Auditors’ Responsibility

We conducted our audit in accordance with auditing standards generally accepted in the United States of America; the standards applicable to financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States; and Chapter 10.550, Rules of the Florida Auditor General.

Other Reports and Schedule

We have issued our Independent Auditors’ Report on Internal Control over Financial Reporting and Compliance and Other Matters Based on an Audit of the Financial Statements Performed in Accordance with Government Auditing Standards; and Independent Accountant’s Report on an examination conducted in accordance with AICPA Professional Standards, AT-C Section 315, regarding compliance requirements in accordance with Chapter 10.550, Rules of the Auditor General. Disclosures in these reports, which are dated June 29, 2020 should be considered in conjunction with this management letter.

Prior Audit Findings

Section 10.554(1)(i)1., Rules of the Auditor General, requires that we determine whether or not corrective actions have been taken to address findings and recommendations made in the preceding annual financial audit report. IC2018-001 was not resolved and a similar finding was reported in the current year audit report.

Official Title and Legal Authority

Section 10.554(1)(i)4., Rules of the Auditor General, requires that the name or official title and legal authority for the primary government and each component unit of the reporting entity be disclosed in this management letter, unless disclosed in the notes to the financial statements. The information required is disclosed in the notes to the financial statements.

Financial Condition

Section 10.554(1)(i)5.a. and 10.556(7), Rules of the Auditor General, require us to communicate whether or not the District has met one or more of the conditions described in Section 218.503(1), Florida Statutes, and identification of the specific condition(s) met. In connection with our audit, we determined that the District did not meet any of the conditions described in Section 218.503(1), Florida Statutes.

Pursuant to Sections 10.554(1)(i)5.b. and 10.556(8), Rules of the Auditor General, we applied financial condition assessment procedures for the District. It is management’s responsibility to monitor the District’s financial condition, and our financial condition assessment was based in part on representations made by management and the review of financial information provided by same.

Section 10.554(1)(i)2., Rules of the Auditor General, requires that we communicate any recommendations to improve financial management. In connection with our audit, we did not have any such recommendations.

Other Matters

Section 10.554(1)(i)3., Rules of the Auditor General, require us to communicate noncompliance  with provisions of contracts or grant agreements, or abuse, that have occurred, or are likely to have occurred, that have an effect on the financial statements that is less than material but which warrants the attention of those charged with governance. In connection with our audit, we did not have any such findings.

Purpose of this Letter

Our management letter is intended solely for the information and use of the Legislative Auditing Committee, members of the Florida Senate and the Florida House of Representatives, the Florida Auditor General, Federal and other granting agencies, the Board of Supervisors, and applicable management, and is not intended to be and should not be used by anyone other than these specified parties.

CARR, RIGGS & INGRAM, LLC

Miramar Beach, Florida June 29, 2020

INDEPENDENT ACCOUNTANTS’ REPORT

To the Board of Supervisors
Holly Hill Road East Community Development District Davenport, Florida

We have examined Holly Hill Road East Community Development District’s compliance with the requirements of Section 218.415, Florida Statutes, Local Government Investment Policies, during the year ended September 30, 2019. Management of the District is responsible for the District’s compliance with the specified requirements. Our responsibility is to express an opinion on the District’s compliance with the specified requirements based on our examination.

Our examination was conducted in accordance with attestation standards established by the American Institute of Certified Public Accountants. Those standards require that we plan and perform the examination to obtain reasonable assurance about whether the District complied, in all material respects, with the specified requirements referenced above. An examination involves performing procedures to obtain evidence about whether the District complied with the specified requirements. The nature, timing, and extent of the procedures selected depend on our judgment, including an assessment of the risks of material noncompliance, whether due to fraud or error. We believe that the evidence we obtained is sufficient and appropriate to provide a reasonable basis for our opinion.

Our examination does not provide a legal determination on the District’s compliance with specified requirements.

In our opinion, the District complied, in all material respects, with the aforementioned requirements for the year ended September 30, 2019.

This report is intended solely for the information and use of management and the State of Florida Auditor General and is not intended to be and should not be used by anyone other than these specified parties.

CARR, RIGGS & INGRAM, LLC

Miramar Beach, Florida June 29, 2020

Davenport Road South Community Development District

Payment Authorization Nos. 55 – 64

DocuSign Envelope ID: C6690E54-2EE3-45AD-B4F0-E31A0D89968F

DAVENPORT ROAD SOUTH
C O M M U N I T Y	D E V E L O P M E N T	D I S T R I C T

Payment Authorization 55
5/8/2020

Item No.	
Payee	
Invoice Number	

Amount	

1	
Carr Riggs & Ingram			
	Audit FY 2019	16899156	$ 1,000.00	
2	Creative Association Services, inc			
	Landscaping - May - Dec 2019 (Orchid Grove)	6511-YR19	$ 8,250.00	
	Landscaping - Jan - Mar 2020 (Orchid Grove)	6511-YR20	$ 3,300.00	
3	Duke Energy			
	940 Orchid Grove 04.02.20 - 05.04.20	----	$ 1,224.71	
	1534 South Blvd 04.03.20 - 05.05.20	----	$	18.02	
	1420 South Blvd 04.03.20 - 05.05.20	----	$	18.02	
	177 Ludisia Loop - 04.06.20 - 05.06.20	----	$	92.81	
		
Total	
$ 13,903.56	

Secretary / Assistant Secretary	Chairperson

DAVENPORT ROAD SOUTH
C O M M U N I T Y	D E V E L O P M E N T	D I S T R I C T

Payment Authorization 56

5/15/2020

Item No.	
Payee	
Invoice Number	

Amount	

1	
Business Observer			
	Legal Advertising on 05/08/2020	20-00676K	$	131.25	
2	City of Davenport			
	Pool Meter / 940-1 Orchid Grove Blvd ; Service 04/05/20-05/04/20	3076	$	113.07	
3	Creative Association Services, Inc.			
	May 2020 Landscape & Maintenance (Orchid Grove)	6686	$ 2,390.00	
	May 2020 Landscape & Maintenance (Amenity Center)	6687	$ 1,100.00	
4	Navitas Credit Corp			
	Playground Lease	----	$	527.41	
5	PFM Group Consulting, LLC			
	DM Fees: May 2020	DM-05-2020-0019	$ 1,666.67	
	Website Fees: May 2020	DM-05-2020-0020	$	100.00	
6	VGlobalTech			
	Quarterly ADA & WCAG Audits	1637	$	300.00	

Chairperson

Chairperson

Total	$ 6,328.40

Secretary / Assistant Secretary

DocuSign Envelope ID: E54AAB3A-E83F-4E51-B1B4-A34836FCD60B

DAVENPORT ROAD SOUTH
C O M M U N I T Y	D E V E L O P M E N T	D I S T R I C T

Payment Authorization 57
5/22/2020

Item No.	
Payee	
Invoice Number	

Amount	

1	
Complete Pool Care			
	June Pool Service	13639	$ 1,525.00	
2	Fuqua Janitorial Services			
	May Clubhouse Cleaning	8106	$	765.00	
3	Creative Association Services, Inc.			
	May 1st- 15th 2020 Landscape & Maintenance (Orchid Grove)	REV6686	$ 1,195.00	
	May 1st-15th 2020 Landscape & Maintenance (Amenity Center)	REV6687	$	550.00	
	Irrigation repairs	6705 OG	$ 1,459.00	
5	PFM Group Consulting, LLC			
	March Postage	OE-EXP-00777	$	26.00	
	April Postage	OE-EXP-00832	$	5.50	
	Billable Expenses	109613	$	22.53	
6	Supervisor Fees			
	Rennie Heath	----	$	200.00	
	Scott Shapiro	----	$	200.00	
	Lauren Schwenk	----	$	200.00	
	Patrick Marone	----	$	200.00	
	Andrew Rhinehart	----	$	200.00	
		
Total	
$ 6,548.03	

Secretary / Assistant Secretary	Chairperson

DocuSign Envelope ID: 8F071195-7E03-4893-84F3-E6CD09A0C815

DAVENPORT ROAD SOUTH
C O M M U N I T Y	D E V E L O P M E N T	D I S T R I C T

Payment Authorization 58
5/29/2020

Item No.	
Payee	
Invoice Number	

Amount	

1	
Duke Energy			
	Electric service for 04/23/20 - -05/22/2020	----	$	912.62	
2	Hopping Green & Sams			
	General Counsel	114843	$	567.50	
3	Navitas Credit Corp.			
	Playground Equipment	-----	$ 1,722.66	
5	PFM Group Consulting, LLC			
	Expenses (Postage and Fedex)	OE-EXP-00725	$	117.28	
		
Total	
$ 3,320.06	

Secretary / Assistant Secretary	Chairperson

DAVENPORT ROAD SOUTH
C O M M U N I T Y	D E V E L O P M E N T	D I S T R I C T

Payment Authorization 59

6/5/2020

Item No.	
Payee	
Invoice Number	

Amount	

1	
Carr Riggs & Ingram			
	Audit FY 2019	16919880	$ 2,000.00	
2	Duke Energy			
	Davenport Blvd Lite 05/04/20-06/03/2020	----	$ 1,318.89	
	1420 South Blvd W Lite 05/05/2020-06/04/2020	----	$	18.02	
	1534 South Blvd Lite 05/05/2020-06/04/2020	----	$	18.02	
3	FL Dept of Health in Polk County			
	Swimming Pools permits#53-60-1879331	1-4706133	$	250.00	
4	Orkin			
	940 Orchid Grove Blvd - Pest Control	197991173	$	48.15	
5	Spectrum Business			
	940 Orchid Grove Blvd	084375801052820	$	131.97	
		
Total	
$ 3,785.05	

Secretary / Assistant Secretary	Chairperson

DocuSign Envelope ID: B65A5CA5-DEEF-4040-8CC9-27735AAA88F3

DAVENPORT ROAD SOUTH
C O M M U N I T Y	D E V E L O P M E N T	D I S T R I C T

Payment Authorization 60
6/15/2020

Item No.	
Payee	
Invoice Number	

Amount	

1	
Business Observer			
	Legal Ad	20-00766K	$	131.25	
2	City of Davenport			
	Pool Meter - 940-1 Orchid Grove 05/05/20-06/04/2020	----	$	118.86	
3	Duke Energy			
	Electricity - 177 Ludisia Loop Lite 05/06/20-06/05/20	----	$	180.34	
4	Navitas Credit Corp			
	Playground Equipment	----	$	527.41	
5	Prince & Sons Inc			
	Lawn Maintenance	2323	$ 3,600.00	

Total	$ 4,557.86

Secretary / Assistant Secretary	Chairperson

DocuSignEnvelopeID:B9DBE671-AECF-4823-8D04-316D2EE6B750

DAVENPORTROADSOUTH
COM M UNITY  DEVELOPM ENT  DISTRICT

PaymentAuthor zat on61
  9  

  			     	     	

1	
Bus nes  Observer				
	             		     	 	    	
2	CompIetePo ICare				
	              		   9 	        	
3	PFM GroupConsuIt ngL C

         	

	                		         	 	   	

TotaI	$  3,368.23

                   	       

DAVENPORT ROAD SOUTH
C O M M U N I T Y	D E V E L O P M E N T	D I S T R I C T

Chairperson

Chairperson

Payment Authorization 62

6/26/2020

Item No.	
Payee	
Invoice Number	

Amount	

1	
Business Observer			
	Legal Ad -06/19/2020	20-00807K	$	76.56	
2	Duke Energy			
	Electricity - 940 Orchid Grove 05/22/2020 - 06/23/2020	----	$ 1,252.84	
3	Hopping Green & Sams			
	Legal Counsel through 05/31/2020	115353	$ 1,902.00	
4	Navitas Credit Corp			
	Playground Equipment - July 2020	----	$ 1,722.66	
		
Total	
$ 4,954.06	

Secretary / Assistant Secretary

DAVENPORT ROAD SOUTH
C O M M U N I T Y	D E V E L O P M E N T	D I S T R I C T

Chairperson

Chairperson

Payment Authorization 63
7/2/2020

Item No.		
Payee	
Invoice Number	

Amount	

1	
Spectrum
940 Orchid Blvd Internet		

084375801062820	

$	131.97	
2	VGlobalTech
Quarter 2 ADA Audit		
1718	
$	300.00	
3	Prince & Sons
July Lawn Maintenance		
2437	
$ 2,800.00	
4	Fuqua Janitorial Services
June Clubhouse Cleaning		
8157	
$	765.00	
			
Total	
$ 3,996.97	

Secretary / Assistant Secretary

DAVENPORT ROAD SOUTH
C O M M U N I T Y	D E V E L O P M E N T	D I S T R I C T

Payment Authorization 64

7/14/2020

Item No.	
Payee	
Invoice Number	

Amount	

1	
Department of Health			
	Pool Permit - Orchid Grove	53-BID-4706133	$	30.00	
2	PFM Group Consulting			
	Billable Expenses - Rental and gas DM Fees - July 2020
Website Fees - Jule 2020	110004
DM-07-2020-0015 DM-07-2020-0016	$	43.95
$  1,666.67
$	100.00	
3	Duke Energy			
	Orchid Grove 06/03-07/02/2020	----	$ 1,319.40	
	1534 South Blvd Lite 06/04 - 07/06/2020	----	$	18.11	
	1420 South Blvd W Lite 06/04 - 07/06/2020	----	$	18.11	
	177 Ludisia Loop Lite 06/05-07/07/2020	----	$	191.70	
4	Carr Riggs & Ingram			
	Final Billing Audit FY 2019	16939075	$	500.00	
5	Orkin			
	Pest Control	199118890	$	48.15	
6	The Ledger			
	Legal Advertisement 06/01/2020-06/30/2020	1039379	$	654.50	
7	Navitas Credit Corp			
	Playground Equipment lease	----	$	527.41	

Chairperson

Chairperson

Total	$ 5,118.00

Secretary / Assistant Secretary

Davenport Road South Community Development District

Monthly Financials

Davenport Road South CDD
Budget to Actual
For the Month Ending 6/30/2020

Year To Date

Revenues							Adopted Budget	
On-Roll Assessments	$267,937.07		$197,265.78		$ 70,671.29		$	263,021.00	
Developer Contributions	59,358.00		44,518.50		14,839.50		59,358.00	
Other Income & Other Financing Sources	136.37		-		136.37		-	
Net Revenues	$327,431.44		$241,784.28		$ 85,647.16		$	322,379.00	

General & Administrative Expenses								
Supervisor Fees	$ 3,600.00		$ 4,500.00		$	(900.00)		$	6,000.00	
D&O Insurance	2,537.00		2,099.97		437.03		2,800.00	
Trustee Services	3,717.38		4,500.00		(782.62)		6,000.00	
Management	15,000.03		15,000.03		-		20,000.00	
Field Management	246.94		1,350.00		(1,103.06)		1,800.00	
Engineering	312.50		7,499.97		(7,187.47)		10,000.00	
Dissemination Agent	5,000.00		3,750.03		1,249.97		5,000.00	
District Counsel	9,953.50		15,000.03		(5,046.53)		20,000.00	
Assessment Administration	7,500.00		5,625.00		1,875.00		7,500.00	
Reamortization Schedules	-		187.47		(187.47)		250.00	
Audit	5,500.00		4,500.00		1,000.00		6,000.00	
Travel and Per Diem	30.48		-		30.48		-	
Telephone	-		150.03		(150.03)		200.00	
Postage & Shipping	599.95		225.00		374.95		300.00	
Copies	50.10		375.03		(324.93)		500.00	
Legal Advertising	1,705.27		2,250.00		(544.73)		3,000.00	
Miscellaneous	1,300.70		825.03		475.67		1,100.00	
Web Site Maintenance	1,200.00		2,175.03		(975.03)		2,900.00	
Dues, Licenses, and Fees	175.00		187.47		(12.47)		250.00	
Contingency	200.00		15,412.53		(15,212.53)		19,124.20	
Storm Cleanup & Repairs	-		5,625.00		(5,625.00)		7,500.00	
Total General & Administrative Expenses	$ 58,628.85		$ 91,237.62		$ (32,608.77)		$	120,224.20	

Field Expenses								
General Liability Insurance	$ 3,296.00		$ 2,549.97		$	746.03		$	3,400.00	
Irrigation	3,407.22		6,000.03		(2,592.81)		8,000.00	
Landscaping Maintenance & Material	34,725.00		26,250.03		8,474.97		35,000.00	
Landscape Improvements	-		9,375.03		(9,375.03)		12,500.00	
Fertilizer / Pesticides	-		4,212.00		(4,212.00)		5,616.00	
Contingency	360.00		3,556.00		(3,196.00)		5,334.00	
Streetlights	2,794.18		13,616.10		(10,821.92)		18,154.80	
Total Field Expenses	$ 44,582.40		$ 65,559.16		$ (20,976.76)		$	88,004.80	

Actual	Budget	Variance	FY 2020

Davenport Road South CDD
Budget to Actual
For the Month Ending 6/30/2020

Cabana & Pool Expenses

Janitorial Service	$ 6,290.00		$ 11,250.00		$ (4,960.00)		$	15,000.00	
Leased Space	21,973.29		15,000.03		6,973.26		20,000.00	
Security	4,580.00		5,625.00		(1,045.00)		7,500.00	
Electric	20,262.23		15,000.03		5,262.20		20,000.00	
Amenity - Water	882.00		5,625.00		(4,743.00)		7,500.00	
Cable Television	1,320.23		675.00		645.23		900.00	
Property & Casualty	8,445.00		7,499.97		945.03		10,000.00	
Contingency	-		5,000.00		(5,000.00)		7,500.00	
Equipment Repair & Maintenance	214.20		3,750.03		(3,535.83)		5,000.00	
Pest Control	433.35		749.97		(316.62)		1,000.00	
Signage & Amenities Repair	-		562.50		(562.50)		750.00	
Swimming Pools	15,500.00		14,249.97		1,250.03		19,000.00	
Total Cabana & Pool Expenses	$ 79,900.30		$ 84,987.50		$ (5,087.20)		$	114,150.00	
Total Expenses	  $183,111.55 		  $241,784.28 		  $ (58,672.73)		  $	322,379.00 	
Income (Loss) from Operations	$144,319.89		$	-		$144,319.89		$	-	

Other Income (Expense)

Interest Income	$	485.25		$	-	$	485.25		$	-	
Total Other Income (Expense)	$	485.25		
$	-	$	485.25		$	-	
Net Income (Loss)	$144,805.14		
$	-	$144,805.14		$	-	

Davenport Road South CDD
Statement of Activities As of 6/30/2020

General Fund

Debt Service Fund

Capital Projects Fund

Long Term Debt Group

Total

Revenues

On-Roll Assessments	$ 267,937.07								$267,937.07	
Developer Contributions	59,358.00								59,358.00	
Other Income & Other Financing Sources	136.37								136.37	
On-Roll Assessments			$ 454,799.31						454,799.31	
Developer Contributions					$	663.69				663.69	
Total Revenues	$ 327,431.44		$ 454,799.31		$	663.69		$	-		$782,894.44	

Expenses

Supervisor Fees	$	3,600.00						$ 3,600.00	
D&O Insurance	2,537.00						2,537.00	
Trustee Services	3,717.38						3,717.38	
Management	15,000.03						15,000.03	
Field Management	246.94						246.94	
Engineering	312.50						312.50	
Dissemination Agent	5,000.00						5,000.00	
District Counsel	9,953.50						9,953.50	
Assessment Administration	7,500.00						7,500.00	
Audit	5,500.00						5,500.00	
Janitorial Service	6,290.00						6,290.00	
Travel and Per Diem	30.48						30.48	
Postage & Shipping	599.95						599.95	
Copies	50.10						50.10	
Legal Advertising	1,705.27						1,705.27	
Miscellaneous	1,300.70						1,300.70	
Contingency	200.00						200.00	
Leased Space	21,973.29						21,973.29	
Web Site Maintenance	1,200.00						1,200.00	
Dues, Licenses, and Fees	175.00						175.00	
Security	4,580.00						4,580.00	
Electric	20,262.23						20,262.23	
Amenity - Water	882.00						882.00	
Cable Television	1,320.23						1,320.23	
General Liability Insurance	3,296.00						3,296.00	
Property & Casualty	8,445.00						8,445.00	
Irrigation	3,407.22						3,407.22	
Landscaping Maintenance & Material	34,725.00						34,725.00	
Contingency	360.00						360.00	
Equipment Repair & Maintenance	214.20						214.20	
Pest Control	433.35						433.35	
Streetlights	2,794.18						2,794.18	
Swimming Pools	15,500.00						15,500.00	
Principal Payment - Series 2018			$ 110,000.00				110,000.00	
Interest Payments - Series 2018			332,562.50		
		332,562.50	
Total Expenses	$ 183,111.55		$ 442,562.50		$	-	$	-		$625,674.05	

Davenport Road South CDD
Statement of Activities As of 6/30/2020

Other Revenues (Expenses) & Gains (Losses)

Interest Income Interest Income Interest Income
Total Other Revenues (Expenses) & Gains (Losses)

$	485.25

$	485.25

$	2,321.24
$

$	2,321.24	$

3.27
3.27	$

$	485.25
$    2,321.24
$	3.27

-	$    2,809.76

Change In Net Assets	$ 144,805.14		$ 14,558.05		$	666.96		$	-		$160,030.15	

Net Assets At Beginning Of Year	
$ 112,439.33		
$ 532,769.41		
$	(662.63)		
$	-		
$644,546.11	

Net Assets At End Of Year	

$ 257,244.47		

$ 547,327.46		

$	4.33		

$	-		

$804,576.26	

Debt Service	Capital	Long Term	
Fund	Projects Fund	Debt Group	

Davenport Road South CDD Statement of Financial Position As of 6/30/2020

Current Assets	Assets		
General Checking Account	$ 257,682.03						$ 257,682.03	
Prepaid Expenses	1,548.91						1,548.91	
Deposits	1,121.00						1,121.00	
Debt Service Reserve S 2018 Bond			$ 223,637.50				223,637.50	
Revenue S 2018 Bond			323,689.96				323,689.96	
Acquisition/Construction S 2018 Bond					$	4.33		4.33	
Total Current Assets	$ 260,351.94		$ 547,327.46		$	4.33		$	-	$ 807,683.73	

Investments

General Fund

Total

Amount Available in Debt Service Funds			$ 547,327.46		$ 547,327.46	
Amount To Be Provided	
 			6,172,672.54		6,172,672.54	
Total Investments	$	-	$	-	$	-		$6,720,000.00		$6,720,000.00	

 	 	 	 

Total Assets

$ 260,351.94

$ 547,327.46	$

4.33

$6,720,000.00

$7,527,683.73

Liabilities and Net Assets

Current Liabilities
Accounts Payable	
$	3,107.47		
$	3,107.47	
Total Current Liabilities	$	3,107.47		 	 	
$	-	$	-	$	-	$	3,107.47	

Long Term Liabilities				
Revenue Bonds Payable - Long-Term							$6,720,000.00		$6,720,000.00	
Total Long Term Liabilities	$	-		$	-		$	-		$6,720,000.00		$6,720,000.00	
Total Liabilities	$	3,107.47		$	-		$	-		$6,720,000.00		$6,723,107.47	

Net Assets
Net Assets, Unrestricted	

$	(5,138.25)								

$	(5,138.25)	
Net Assets - General Government	117,577.58								117,577.58	
Current Year Net Assets - General Government	144,805.14								144,805.14	
Net Assets, Unrestricted			$ 532,769.41						532,769.41	
Current Year Net Assets, Unrestricted			14,558.05						14,558.05	
Net Assets, Unrestricted					$	(662.63)				(662.63)	
Current Year Net Assets, Unrestricted					666.96				666.96	
Total Net Assets	$ 257,244.47		$ 547,327.46		$	4.33		$	-		$ 804,576.26	
										
Total Liabilities and Net Assets	$ 260,351.94		$ 547,327.46		$	4.33		$6,720,000.00		$7,527,683.73	

Davenport Road South Community Development District

Staff Reports