Improvemen.t	District
ar d  Or  lando, FL 32817;Ph .one: 407-382.-3256
www.bog:gy cr	e ek  id  . org

a   for	th  e   up  c o m  ing	Meeting  of  the Board  of S upervsi  ors	for
ct CTi istrict,,) s ch ed uled to b e h eld at 3 :30 p.m. on Tuesday, lc Lakes Blvd, S uite 200, Orlando, FL 32827.. A quorum th  e  meeting  .

o u may p	art i c ip a t e by	telephone: Participant Code:2 75521
ETING AGENDA

m

Board Members
utes o:f t"he December 18, 2018 Board of S upervisors'
p arate cover)

ion to Issue Request: :for Qualifications for Traffic Signal anagement and Assessment Consu)tant Ag reexnent
Ad vsi  ory  Agreement
n 2 019-03,	Designating	District .Man.ager,	Assessment dvisor
os. 2018-40 - 42, 2018-44 & 45, 2018-47 & 48 Approved
unt totaling $40,111.54
d M"aintenan.ce Expenditures Paid in December 2018 in
.87
uthorizations  /Propos  ed  S ervices  (if   applicable)
al Position and Budget to Actual YTD

or

ervisor	Requests

BOGGY CREEK IMPROVEMENT DISTRICT

Oath of Office

BOGGY CREEK IMPROVEMENT DISTRICT BOARD OF SUPERVISORS

OATH  OF OFFICE

I, 	,ACITIZENOFTHESTATEOFFLORIDAANDOFTHE UNITED STATES OF AMERICA, AND BEING EMPLOYED BY OR AN OFFICER OF BOGGY CREEK IMPROVEMENT DISTRICT AND A RECIPIENT OF PUBLIC FUNDS AS SUCH EMPLOYEE OR OFFICER, DO HEREBY SOLEMNLY SWEAR OR AFFIRM THAT I WILL SUPPORT THE CONSTITUTION OF THE UNITED STATES AND OF THE STATE OF FLORIDA.

Board Supervisor

ACKNOWLEDGMENT OF OATH BEING TAKEN

STATE OF FLORIDA COUNTY OF ORANGE

The foregoing oath was administered before me this 		day of 	, 2019, by
 	,who personally  appeared  before me, and is personally known to me or has produced 		as identification, and is the person described in and who took the aforementioned oath as a Member of the Board of Supervisors of Boggy Creek Improvement District and acknowledged to and before me that he/she took said oath for the purposes therein expressed.

(NOTARY SEAL)

Notary Public, State of Florida

Print Name: --------------
Commission No.: 	Expires: 		_

BOGGY CREEK IMPROVEMENT DISTRICT

Minutes of the December 18, 2018 Board of Supervisors' Meeting
(provided under separate cover)

BOGGY CREEK IMPROVEMENT	DISTRICT

District Management and Assessment Consultant Agreement

DISTRICT MANAGEMENT AND ASSESSMENT CONSULTANT AGREEMENT

This District Management Agreement (this "Agreement"), made and entered into this 15th day of January, 2019 (the "Effective Date") by and between Boggy Creek Improvement District ("DISTRICT") and Fishkind & Associates, Inc. (hereinafter called the "MANAGER") sets forth the terms and conditions under which MANAGER shall provide services.

WHEREAS, the DISTRICT desires to obtain the services of a MANAGER to provide District Management Services; and

WHEREAS, MANAGER is capable of providing the necessary services.

NOW, THEREFORE, in consideration of the above mentioned premises and intending to be legally bound hereby, the DISTRICT and MANAGER agree as follows:

SCOPE OF SERVICES

MANAGER shall provide District Management Services as set forth in Exhibit A to this Agreement. Any material changes in or additions to the scope of services described in Exhibit A shall be promptly reflected in a written supplement or amendment to this Agreement. Services provided by MANAGER which are not specifically referenced in the scope of services set forth in Exhibit A of this Agreement shall be completed as agreed in writing in advance between the DISTRICT and MANAGER. Upon request of DISTRICT, MANAGER or an affiliate of MANAGER may agree to additional services to be provided by MANAGER or an affiliate of MANAGER, by a separate agreement between the DISTRICT and MANAGER or its respective affiliate.

WORK SCHEDULE

The services of MANAGER are to commence as soon as practicable after the execution of this Agreement and a request by the DISTRICT for such service.

Ill.	COMPENSATION

For the services provided under this Agreement, MANAGER's professional fees shall be paid as provided in Exhibit B to this Agreement and DISTRICT shall pay expenses and fees for other services not set forth in Exhibit A as provided below.

Reimbursable Expenses

In addition to fees for services, MANAGER will be reimbursed for necessary, reasonable, and documented out-of-pocket expenses incurred, including travel, meals, lodging, telephone, mail, and other ordinary cost and any actual extraordinary cost for graphics, printing, data processing and computer time which are incurred by MANAGER only as authorized by the DISTRICT's approved budget. Documentation of such expenses will be provided to the DISTRICT upon request.

Other Services

Any services which are not included in the scope of services set forth in Exhibit A of this Agreement will be subject to separate, mutually acceptable fee structures.
TERM AND TERMINATION

This Agreement shall be effective from the Effective Date and shall continue until terminated by either party as provided herein. The DISTRICT has the right to terminate this Agreement for "good cause" which shall include misfeasance, malfeasance, nonfeasance or dereliction of duties by the MANAGER which, in each case, the MANAGER fails to cure within 10 days of notice thereof. Termination for "good cause" shall be effected immediately by provision of written notice to MANAGER. Either party hereto shall have the right to terminate this Agreement, at any time and for any reason whatsoever, upon (i) the DISTRICT providing to the MANAGER a minimum of thirty (30) days advance written notice of its intention to terminate or (ii) the MANAGER providing to the DISTRICT a minimum of sixty (60) days advance written notice of its intention to terminate. All notices shall be mailed to the person and address specified for use in the giving of notice, in paragraph 10, hereof. Should the relationship be terminated, MANAGER will be paid for all services performed and costs and expenses incurred up to the termination date.

ASSIGNMENT

Neither party may assign this Agreement or its rights or obligations hereunder without the prior written consent of the other; provided, however, that MANAGER may, upon notice to the DISTRICT, assign MANAGER's rights and obligations under this Agreement to any subsidiary or affiliate of MANAGER or a successor of MANAGER in connection with the sale of all or substantially all ofMANAGER's assets. Subject to the foregoing, this Agreement shall be binding on the parties hereto and their respective successors and assigns.

OWNERSHIP OF INFORMATION, REPORTS, AND DATA

All information, data, reports, and records in the possession of the DISTRICT or any third party necessary for carrying out any services to be performed under this Agreement ("Data") shall be furnished to MANAGER and the DISTRICT shall, and shall cause its agent(s) to, cooperate with MANAGER in its conduct of reasonable due diligence in performing the services, including with respect to the facts that are necessary in its recommendation(s) to the DISTRICT in connection with a transaction or financial product and/or relevant to a DISTRICT's determination whether to proceed with a course of action. To the extent DISTRICT requests that MANAGER provide advice with regard to any recommendation made by a third paiiy, DISTRICT will provide to MANAGER written direction to do so as well as any Data it has received from such third party relating to its recommendation. DISTRICT acknowledges and agrees that while MANAGER is relying on the Data in connection with its provision of the services under this Agreement, MANAGER makes no representation with respect to and shall not be responsible for the accuracy or completeness of such Data.
NOTICES

All notices given under this Agreement shall be in writing, sent by registered United States mail, with return receipt requested, addressed to the party for whom it is intended, at the designated below. The paiiies designate the following as the respective places for giving notice, to-wit:

DISTRICT:
Boggy Creek Improvement District 12051 Corporate Boulevard
Orlando, Florida 32801 Attention: District Manager

With A Copy To:

Hopping Green & Sams, PA 119 S. Momoe Street, Suite 300
Tallahassee, Florida 32301 Attention: Tucker Mackie

MANAGER:

Fishkind & Associates, Inc. 12051 Corporate Boulevard
Orlando, FL 32801
Attention: Hank Fishkind, President

TITLE TRANSFER

All materials, except functioning or dynamic financial models, prepared by MANAGER pursuant exclusively to this Agreement shall be the property of the DISTRICT. Subject to the foregoing exception, upon termination of this Agreement, at DISTRICT's reasonable request no later than three (3) years after the termination of this Agreement MANAGER shall deliver to the DISTRICT copies of any and all materials or documents prepared, kept or maintained in accordance with this Agreement.

MANAGER'S REPRESENTATIVES

Assignment ofNamed Individuals

The professional employees of MANAGER set forth below will provide the services set forth in this Agreement; provided that MANAGER may, from time to time, supplement or otherwise amend the team members set forth below.

Hank Fishkind, Ph.D.
Jennifer Walden
Lynne Mullins

Changes in Staff Requested by the DISTRICT

The DISTRICT has the right to request, for any reason, MANAGER to replace any member of the MANAGER staff. Should the DISTRICT make such a request, MANAGER shall promptly suggest a substitute for approval by the DISTRICT.

INSURANCE

MANAGER shall maintain insurance coverage with policy limits not less than as stated in Exhibit C.

XIII.	GENERAL PROVISIONS

MANAGER Not to Participate as Underwriter

The MANAGER is precluded from being an underwriter of any debt obligations issued by the DISTRICT and shall not market or otherwise be responsible for the initial offering of the issuance of any of the DISTRICT's debt obligations.
Limitation of Liability

Except to the extent caused by willful misconduct, bad faith, gross negligence or reckless disregard of obligations or duties under this Agreement on the part of MANAGER or any of its associated persons, neither MANAGER nor any of its associated persons shall have liability to any person for (i) any act or omission in connection with the performance of its services hereunder, (ii) any error of judgment or mistake of law, or (iii) any loss arising out of or any financial or other damages resulting from DISTRICT's election to act or not to act, as the case may be, contrary to or, absent negligence on the part of MANAGER or any of its associated persons, upon any advice or recommendation provided by MANAGER to DISTRICT.
Disclaimer of MANAGER

The DISTRICT acknowledges that the MANAGER is not an attorney and may not render legal advice or opinions. Although the MANAGER may participate in accumulating information necessary for documents required by the DISTRICT to finalize any particular financing, such information shall be verified by the DISTRICT as to its correctness; provided, however, that the DISTRICT shall not be required to verify the correctness of any information originated by the MANAGER or the correctness of any information originated by the MANAGER which the MANAGER has used to formulate its opinions and advice given to the DISTRICT.

Attorney Fees and Governing Law

MANAGER and the DISTRICT agree that, should a disagreement arise as to the terms or enforcement of any provision of this Agreement, each party will in good faith attempt to resolve said disagreement prior to pursuing other action. This Agreement shall be construed, enforced, and administered in accordance with the laws of the State of Florida. In the event either party is required to take any action to enforce this Agreement, the substantially prevailing paiiy shall be entitled to attorney's fees and costs, including fees and costs incurred in determining entitlement to and reasonableness of such fees and costs.

Time of the Essence

The DISTRICT and the MANAGER agree that time is of the essence and that the services of the MANAGER shall be performed expeditiously.

Entire Agreement

This Agreement represents the entire agreement between DISTRICT and MANAGER for District Management Services contemplated hereby and supersedes all prior agreements, contracts, arrangements, or communications between the parties with respect to the subject matter addressed herein, whether oral or written. This Agreement may not be amended or modified except in writing signed by both parties. For the sake of clarity, any separate agreement between DISTRICT and MANAGER or any affiliate of MANAGER shall not in any way be deemed an amendment or modification of this Agreement. The invalidity in whole or in part of any provision of this Agreement shall not void or affect the validity of any other provision.

Authority to Execute and Counterparts

Each party to this Agreement represents, warrants, and covenants to the other that the person or persons signing this Agreement on behalf of such paiiy is authorized and empowered to sign and deliver this Agreement for such party, that such party has the lawful authority to enter into this relationship, and that the governing or managing body of each paiiy has approved this relationship and has similarly authorized the execution of this Agreement. This Agreement may be signed in any number of counterparts, each of which shall be an original and all of which when taken together shall constitute one and the same document.
Public Records Disclosure

MANAGER understands and agrees that all documents of any kind provided to the DISTRICT in connection with this Agreement may be public records, and, accordingly, MANAGER agrees to comply with all applicable provisions of Florida law in handling such records, including but not limited to Section 119.0701, Florida Statutes. Consultant acknowledges that the designated public records custodian for the DISTRICT is Fishkind & Associates, Inc. ("Public Records Custodian"). Among other requirements and to the extent applicable by law, the MANAGER shall 1) keep and maintain public records required by the DISTRICT to perform the service; 2) upon request by the Public Records Custodian, provide the DISTRICT with the requested public records or allow the records to be inspected or copied within a reasonable time period at a cost that does not exceed the cost provided in Chapter 119, Florida Statutes; 3) ensure that public records which are exempt or confidential, and exempt from public records disclosure requirements, are not disclosed except as authorized by law for the duration of the Agreement term and following the Agreement term if the MANAGER does not transfer the records to the Public Records Custodian of the DISTRICT; and 4) upon completion of the Agreement, transfer to the DISTRICT, at no cost, all public records in MANAGER's possession or, alternatively, keep, maintain and meet all applicable requirements for retaining public records pursuant to Florida laws. When such public records are transferred by the MANAGER, the MANAGER shall destroy any duplicate public records that are exempt or confidential and exempt from public records disclosure requirements. All records stored electronically must be provided to the DISTRICT in a fo1mat that is compatible with Microsoft Word or Adobe PDF formats.

Independent Contractor

MANAGER, its employees, officers and representatives at all times shall be independent contractors and shall not be deemed to be employees, agents, partners, servants and/or joint venturers of DISTRICT by virtue of this Agreement or any actions or services rendered under this Agreement. Nothing in this Agreement is intended or shall be construed to give any person, other than the Parties hereto, their successors and permitted assigns, any legal or equitable rights, remedy or claim under or in respect of this Agreement or any provisions contained herein. In no event will MANAGER be liable for any act or omission of any third party or for any circumstances beyond MANAGER's reasonable control including, but not limited to, fire, flood, or other natural disaster, war, riot, strike, act of terrorism, act of civil or military authority, software and/or equipment failure, computer virus, or failure or interruption of electrical, telecommunications or other utility services.

In witness whereof, the parties hereto have executed this Agreement, in duplicate, as of the Effective Date above written.

Board of Supervisors:

Boggy Creek Improvement District
Sign:	 Print Name: Richard Levey, Chairman

Fishkind  & Associates, Inc.

Hank Fishkind, Ph.D., President

EXHIBIT A

SCOPE OF SERVICES

General Management Services

General Consultation, Meetings, and DISTRICT Representation

The Manager shall organize the DISTRICT meetings. This includes, but is not limited to, providing the agenda and Board packages, scheduling, notification, publication and related matters. The service to be provided shall also include, but not be limited to planning, scheduling, production and quality control, coordination, and administration of various professional service elements.

The manager shall prepare and submit to the DISTRICT's Board of Supervisors a proposed annual budget and administer the adopted budget of the DISTRICT.

As the DISTRICT's Manager, we will consult with the DISTRICT Board of Supervisors and its designated representatives, and when necessary, participate in such meetings, discussions, project site visits, workshops, and hearings as may pertain to the administration, accomplishment and fulfillment of the professional services with regard to the projects and general interest of the DISTRICT.

The Manager shall consult with and advise the DISTRICT on matters related to the operation and maintenance of the DISTRICT and assist the DISTRICT to ensure compliance with all statutes and applicable law affecting the DISTRICT. The Manager will maintain the DISTRICT's website in compliance with applicable law and ensure an e-mail system is in place which provides a separate "CDD e-mail address" for all Board members with an archiving system which will allow the Manager to respond to public records requests and maintain e-mails in compliance with applicable records retention law.

Accounting Services

The Manager shall define and implement an integrated management rep01iing system which will allow the DISTRICT to represent fairly and with full disclosure the financial position of the DISTRICT. Monthly financial statements will be provided in addition to a year-end audited financial statement to be prepared by a certified public accounting firm selected by the DISTRICT. These services will be coordinated with the DISTRICT's auditors to assure a smooth and efficient audit of the DISTRICT's books.

Minutes and Records

The Manager shall define and implement a system of record management for the DISTRICT, including a concise and accurate record of the official actions of the Board of Supervisors and any appointed boards or committees, and shall oversee the maintenance and disclosure of DISTRICT's records pursuant to Florida law.

Annual Assessments, Lien Book Maintenance and Dissemination Agent

The Manager will maintain the tax roll for the DISTRICT and coordinate and rep01i to the Tax Assessor and Tax Collector for the jurisdiction in which the DISTRICT exists.

The Manager will administer the DISTRICT's assessment methodology during platting and maintain the DISTRICT's lien book and release ofliens at closings.

The Manager will provide continuing disclosure filing coordination and assistance for DISTRICT debt issues on EMMA as required by the MSRB and other regulatory agencies.

Assessment Consulting Services

The Manager shall formulate the DISTRICT's special assessment methodology or similar security for debt issuance in consultation with the DISTRICT's counsel, consulting engineer, bond counsel, and other consultants and professionals, including the preparation of an assessment methodology report.

EXHIBITB COMPENSATION FOR SERVICES

The table below outlines the minimum management fees. The fees depend upon the type of district, the website selected, and the number of debt issues outstanding for the DISTRICT. Fees are reviewed and adjusted annually pursuant to the DISTRICT's budget process. Our fees include the provision of the services described in Exhibit A, as well as the reimbursable expenses set forth in Section III(l).

Type of District	J Management Fee

Inactive	$5,000
Developer Control	$37,500
Resident Control	$60,000

Website	Set Up	Annual
Minimum	$2,000	$1,250
Standard	$3,000	$2,500
Deluxe	$5,000	$5,000

Lien Book, Tax Roll, and	I	Amount Continuing Disclosure Services
Base Fee	$5,000
Fee per debt issue	$7,500

Assessment Methodology	Fee to be
Preparation and Assessment	negotiated
Consulting Services	per debt
 	issuance	

EXHIBIT C INSURANCE

MANAGER shall provide and maintain the following levels of insurance coverage at all times subsequent to the execution of this Agreement:

Worker's Compensation insurance to cover full liability under worker's compensation laws in effect in Florida.
General Liability insurance with limit of one million dollars ($1,000,000.00) per each occurrence.
Professional Liability insurance with limit of one million dollars ($1,000,000.00) per each occurrence. Claims-made policies shall have at least a three-year reporting period.
Employment Practices Liability insurance with limit of two million dollars ($2,000,000.00) per each occurrence.
Commercial Crime insurance with limit of two million dollars ($2,000,000.00) per each occurrence.
Comprehensive Automobile Liability insurance for all hired and non-owned vehicles used by the Consultant's staff with a combined single limit of one million dollars ($1,000,000.00).

The DISTRICT (and its staff, consultants, and supervisors as applicable) will be listed as additional insureds on the General Liability and Automobile insurance policies described above. The DISTRICT (and its staff, consultants, and supervisors as applicable) will be listed as a joint loss payee on the Commercial Crime insurance. None of the policies above may be canceled during the term of this Agreement (or otherwise cause the DISTRICT to not be named as an additional insured or joint loss payee where applicable) without sixty (60) days written notice to the DISTRICT. MANAGER will furnish the DISTRICT with a Certificate of Insurance evidencing compliance with this section prior to Agreement commencement and upon request.

BOGGY CREEK IMPROVEMENT DISTRICT

Financial Advisory Agreement

FINANCIAL ADVISORY AGREEMENT

This agreement ("Agreement"), made and entered into this 15th day of January, 2019, (the "Effective Date") by and between Boggy Creek Improvement District ("DISTRICT") and Fishkind & Associates, Inc. (hereinafter called "FA"), sets forth the terms and conditions under which FA shall provide services.

WHEREAS, the DISTRICT desires to obtain the services of a financial advisor to develop and assist in implementing the DISTRICT's strategies to meet its cun-ent and long-term operations, financial obligations, capital financing needs and render assistance in respect to debt transactions; and

WHEREAS, FA is capable of providing the necessary financial advisory services.

NOW, THEREFORE, in consideration of the above mentioned premises and intending to be legally bound hereby, DISTRICT and FA agree as follows:
SCOPE OF SERVICES

FA shall provide, upon request of the DISTRICT, services related to financial planning, budget and strategic advice and planning, policy development and services related to debt issuance, as applicable and set forth in Exhibit A to this Agreement. DISTRICT acknowledges and agrees that most tasks requested by DISTRICT will not require all services provided for in Exhibit A and as such the specific scope of services for such task shall be limited to just those services required to complete the task. Any material changes in or additions to the scope of services described in Exhibit A shall be promptly reflected in a written supplement or amendment to this Agreement. Services provided by FA which are not specifically referenced in the scope of services set forth in Exhibit A of this Agreement shall be completed as agreed in writing in advance between the DISTRICT and FA.
WORK SCHEDULE

The services of FA are to commence as soon as practicable after the execution of this Agreement and a request by the DISTRICT for such service.
REGISTERED MUNICIPAL ADVISOR; REQUIRED DISCLOSURES

FA is a registered municipal advisor with the Securities and Exchange Commission (the "SEC") and the Municipal Securities Rulemaking Board (the "MSRB"), pursuant to the Securities Exchange Act of 1934 Rule 15Bal-2. If DISTRICT has designated FA as its independent registered municipal advisor ("IRMA") for purposes of SEC Rule l 5Bal-1(d)(3)(vi) (the "IRMA exemption"), then services provided pursuant to such designation shall be the services described in Exhibit A hereto, subject to any limitations provided herein. FA shall not be responsible for, or have any liability in connection with, verifying that FA is independent from any other party seeking to rely on the IRMA exemption (as such independent status is required pursuant to the IRMA exemption, as interpreted from time to time by the SEC). DISTRICT acknowledges and agrees that any reference to FA, its personnel and its role as IRMA, including in the written

representation of DISTRICT required under SEC Rule 15Bal-l(d)(3)(vi)(B) shall be subject to prior approval by FA. DISTRICT fmiher agrees not to represent that FA is DISTRICT's IRMA with respect to any aspect of a municipal securities issuance or municipal financial product, outside of the scope of services without FA's prior written consent.

MSRB Rules require that municipal advisors make written disclosures to their DISTRICTs of all material conflicts of interest, certain legal or disciplinary events and certain regulatory requirements. Such disclosures are provided in FA's Disclosure Statement delivered to DISTRICT together with this Agreement.

FINANCIAL ADVISORY COMPENSATION

For the services provided under this Agreement, FA's professional fees shall be paid as provided in Exhibit B to this Agreement and DISTRICT shall pay expenses and fees for other services not set forth in Exhibit A as provided below.

Reimbursable Expenses
In addition to fees for services, FA will be reimbursed for necessary, reasonable, and documented out-of-pocket expenses incurred, including travel, meals, lodging, telephone, mail, and other ordinary cost and any actual extraordinary cost for graphics, printing, data processing and computer time which are incurred by FA subject to the limitations of Chapter 112.061, F.S. Upon request of DISTRICT, documentation of such expenses will be provided.

Other Services

Any services which are not included in the scope of services set forth in Exhibit A of this Agreement will be subject to separate, mutually acceptable fee structures.

TERMS AND TERMINATION

This Agreement shall be effective as of the Effective Date until January 15, 2020 (the "Initial Term") and shall automatically renew for additional one (1) year periods (each a "Renewal Te1m" and together with the Initial Term, the "Te1m"), unless te1minated in writing by either party upon thirty (30) days written notice to the other party without cause, or immediately upon written notice for good cause. For purposes of this Agreement, the term "good cause" shall include misfeasance, malfeasance, nonfeasance or dereliction of duties by FA which, in each case, FA fails to cure within 10 days of notice thereof. Upon such te1mination, FA will be paid for all services perfo1med and costs and expenses incurred up to the termination date.
ASSIGNMENT

Neither party may assign this Agreement or its rights or obligations hereunder without the prior written consent of the other paiiy ; provided that upon notice to DISTRICT, (i) FA may assign this Agreement or any interests hereunder to a municipal advisor entity registered with the SEC that directly or indirectly controls, is controlled by, or is under common control with, FA, or
to any subsidiary or affiliate of FA or a successor of FA in connection with the sale of all or

substantially all of FA' s assets. Subject to the foregoing, this Agreement shall be binding on the parties hereto and their respective successors and assigns.

INFORMATION TO BE FURNISHED TO FA

All information, data, reports, and records in the possession of the DISTRICT or any third party necessary for carrying out any services to be performed under this Agreement ("Data") shall be furnished to FA and the DISTRICT shall, and shall cause its agent(s) to, cooperate with FA in its conduct of reasonable due diligence in performing the services, including with respect to the facts that are necessary in its recommendation(s) to the DISTRICT in connection with a municipal securities transaction or municipal financial product and/or relevant to the DISTRICT's determination whether to proceed with a course of action. To the extent DISTRICT requests that FA provide advice with regard to any recommendation made by a third party, DISTRICT will provide to FA written direction to do so as well as any Data it has received from such third party relating to its recommendation. DISTRICT acknowledges and agrees that while FA is relying on the Data in connection with its provision of the services under this Agreement, FA makes no representation with respect to and shall not be responsible for the accuracy or completeness of such Data.

NOTICES

All notices given under this Agreement shall be in writing, sent by registered United States mail, with return receipt requested, addressed to the party for whom it is intended, at the designated below. The parties designate the following as the respective places for giving notice, to wit:

DISTRICT:
Boggy Creek Improvement District 12051 Corporate Boulevard
Orlando, Florida 32801
Attention: District Manager With A Copy To:
Hopping Green & Sams, PA 119 S. Monroe Street, Suite 300
Tallahassee, Floi-ida 32301
Attention: Tucker Mackie FA:
Fishkind & Associates, Inc. 12051 Corporate Boulevard
Orlando, FL 32801
Attention: Hank Fishkind, President

TITLE TRANSFER

All materials, except functioning or dynamic financial models, prepared by FA pursuant exclusively to this Agreement shall be the property of the DISTRICT. Subject to the exception described above, upon termination of this Agreement, at DISTRICT's reasonable request no later than three (3) years after the termination of this Agreement FA shall deliver to the DISTRICT copies of any materials or documents pertaining to or prepared in accordance with this Agreement.

FA'S REPRESENTATIVES

Assignment of Named Individuals

Professional employees of FA will provide the services set forth in this Agreement and FA may, from time to time, supplement or otherwise amend the team members. The individual listed below shall be the engagement manager for this Agreement.

Hank Fishkind, Ph.D.

Changes in Staff Requested by the DISTRICT

The DISTRICT has the right to request, for any reason, FA to replace any member of the advisory team. Should the DISTRICT make such a request, FA shall promptly suggest a substitute for approval by the DISTRICT.

INSURANCE

FA shall maintain insurance coverage with policy limits not less than as stated in Exhibit
C.

LIMITATION OF LIABILITY

Except to the extent caused by willful misconduct, bad faith, gross negligence or reckless disregard of obligations or duties under this Agreement on the paii of FA or any of its associated persons, neither FA nor any of its associated persons shall have liability to any person for (i) any act or omission in connection with the perf01mance of its services hereunder; (ii) any enor of judgment or mistake of law; (iii) any loss arising out of any issuance of municipal securities, any municipal financial product or any other financial product, or (iv) any financial or other damages resulting from DISTRICT's election to act, or not to act, contrary to or upon any advice or recommendation provided by FA to DISTRICT.

INDEPENDENT CONTRACTOR; NO THIRD-PARTY BENEFICIARY

FA, its employees, officers and representatives at all times shall be independent contractors and shall not be deemed to be employees, agents, partners, servants and/or joint venturers of DISTRICT by viliue of this Agreement or any actions or services rendered under this Agreement. Nothing in this Agreement is intended or shall be construed to give any person, other than the Parties hereto, their successors and permitted assigns, any legal or equitable rights, remedy or claim under or in respect of this Agreement or any provisions contained herein. In no event will

FA be liable for any act or omission of any third party or for any circumstances beyond FA' s reasonable control including, but not limited to, fire, flood, or other natural disaster, war, riot, strike, act of terrorism, act of civil or military authority, software and/or equipment failure, computer virus, or failure or interruption of electrical, telecommunications or other utility services.
APPLICABLE LAW

This Agreement shall be construed, enforced, and administered according to the laws of the State of Florida. FA and the DISTRICT agree that, should a disagreement arise as to the terms or enforcement of any provision of this Agreement, each party will in good faith attempt to resolve said disagreement prior to pursuing other action.

ENTIRE AGREEMENT; SEVERABILITY

This Agreement represents the entire agreement between DISTRICT and FA and may not be amended or modified except in writing signed by both parties. For the sake of clarity, any separate agreement between DISTRICT and an affiliate of FA shall not in any way be deemed an amendment or modification of this Agreement. This Agreement supersedes all prior agreements, contracts, arrangements, or communications between the parties with respect to the subject matter addressed herein, whether oral or written. The invalidity in whole or in part of any provision of this Agreement shall not void or affect the validity of any other provision.
EXECUTION; COUNTERPARTS

Each paiiy to this Agreement represents and warrants that the person or persons signing this Agreement on behalf of such party is authorized and empowered to sign and deliver this Agreement for such party. This Agreement may be signed in any number of counterparts, each of which shall be an original and all of which when taken together shall constitute one and the same document.

PUBLIC RECORDS DISCLOSURE.

FA understands and agrees that all documents of any kind provided to the DISTRICT in connection with this Agreement may be public records, and, accordingly, FA agrees to comply with all applicable provisions of Florida law in handling such records, including but not limited to Section 119.0701, Florida Statutes. Consultant acknowledges that the designated public records custodian for the DISTRICT is Fishkind & Associates, Inc. ("Public Records Custodian"). Among other requirements and to the extent applicable by law, the FA shall 1) keep and maintain public records required by the DISTRICT to perform the service; 2) upon request by the Public Records Custodian, provide the DISTRICT with the requested public records or allow the records to be inspected or copied within a reasonable time period at a cost that does not exceed the cost provided in Chapter 119, Florida Statutes; 3) ensure that public records which are exempt or confidential, and exempt from public records disclosure requirements, are not disclosed except as authorized by law for the duration of the Agreement term and following the Agreement te1m if the FA does not transfer the records to the Public Records Custodian of the DISTRICT; and 4) upon completion of the Agreement, transfer to the DISTRICT, at no cost, all public records in FA's possession or, alternatively, keep, maintain and meet all applicable requirements for retaining public records

pursuant to Florida laws. When such public records are transferred by the FA, the FA shall destroy any duplicate public records that are exempt or confidential and exempt from public records disclosure requirements. All records stored electronically must be provided to the DISTRICT in a format that is compatible with Microsoft Word or Adobe PDF formats.

[Signature Page Follows]

IN WITNESS THEREOF, the DISTRICT and FA have executed this Agreement as of the day and year herein above written.

BOGGY CREEK IMPROVEMENT DISTRICT

By	­
Name: Richard Levey
Title: Chairman Date: January 15, 2019

FA

By:

Name: -----------
Title: President

Date: --------------

EXHIBIT A SCOPE OF SERVICES

Services related to the Financial Planning and Policy Development upon request of the DISTRICT:

Assist with the formulation of the DISTRICT's special assessment methodology or similar security for debt issuance in consultation with the DISTRICT's counsel, consulting engineer, bond counsel, and other consultants and professionals; notwithstanding the foregoing, these services shall not include the preparation of an assessment methodology report.

Assist the DISTRICT in the formulation of Financial and Debt Policies and Administrative Procedures.

Review current debt structure, identifying strengths and weaknesses of structure so that future debt issues can be designed to maximize ability to finance future capital
needs. This will include, but not be limited to, reviewing existing debt for the possibility of refunding that debt to provide the DISTRICT with savings.

Analyze future debt capacity to dete1mine the DISTRICT's ability to raise future debt capital.

Assist the DISTRICT in the development of the DISTRICT's Capital Improvement Program by identifying sources of capital funding.

Assist the DISTRICT with the development of the DISTRICT's financial planning efforts and process by assessing capital needs, identifying potential revenue
sources, analyze financing alternatives such as pay-as-you-go, lease/purchasing, sh01i-term vs. long-term financings, assessments, user fees, impact fees, developer contributions, public/private projects, and grants and provide analysis of each alternative as required as to the budgetary and financial impact.

Review the reports of accountants, independent engineers and other project feasibility consultants to ensure that such studies adequately address technical, economic, and financial risk factors affecting the marketability of any proposed
revenue debt issues; provide bond market assumptions necessary for financial projections included in these studies; attend all relevant working sessions regarding the preparations, review and completion of such independent studies; and provide written comments and recommendations regarding assumptions, analytic methods, and conclusions contained therein.

Develop, manage and maintain computer models for long-term capital planning which provide for inputs regarding levels of non-ad valorem special assessment and
other revenues growth rates by revenue and expenditure item, timing, magnitude and cost of debt issuance, and project operating and capital balances, selected

operating and debt ratios and other financial performance measures as may be determined by the DISTRICT.

Conduct strategic modeling and planning and related consulting.

Attend meetings with DISTRICT's staff, consultants and other professionals and the DISTRICT.

Undertake financial planning and policy development assignments made by the DISTRICT regarding financings, and financial policy including budget, tax, cash management issues and related fiscal policy and programs.

Assist the DISTRICT in preparing financial presentations for public hearings and/ or referendums.

Provide special financial services as requested by the DISTRICT.

Services Related to Debt Transactions (Includes short term financings, notes, loans, letters of credit, line of credit and bonds); provided that if the transaction is competitive, the services of the financial advisor will reflect that process. Upon the request of the DISTRICT:

Analyze financial and economic factors to determine if the issuance of bonds is appropriate.

Develop a financing plan in conce1i with DISTRICT's staff which would include recommendations as to the timing and number of series of bonds to be issued.

Assist the DISTRICT by recommending the best method of sale, either as a negotiated  sale,  private  placement  or  a  public  sale.	In a public sale, make
recommendation as to the determination of the best bid. In the event of a negotiated sale, assist in the solicitation, review and evaluation of any investment banking proposals, and provide advice and info1mation necessary to aid in such selection.
Advise as to the various financing alternatives available to the DISTRICT.
Develop alternatives related to debt transaction including evaluation of revenues available, maturity schedule and cash flow requirements.
Evaluate benefits of bond insurance and/or security insurance for debt reserve fund.
If appropriate, develop credit rating presentation and coordinate with the DISTRICT the overall presentation to rating agencies.

Review underwriter's proposals and submit a written analysis of same to the DISTRICT.

Assist the DISTRICT in the procurement of other services relating to debt issuance such as printing, paying agent, registrar, etc.

Identify key bond covenant features and advise as to the financial consequences of provisions to be included in bond indentures, resolutions or other governing documents regarding security, creation of reserve funds, flow of funds, redemption provisions, additional parity debt tests, etc.; review and comment on successive drafts of bond governing documents.

Review the requirements and submit analysis to bond insurers, rating agencies and other professionals as they pertain to the DISTRICT's obligation.

Review the terms, conditions and structure of any proposed debt offering undertaken by the DISTRICT and provide suggestions, modifications and enhancements where appropriate and necessary to reflect the constraints or current financial policy and fiscal capability.

Coordinate with DISTRICT's staff and other advisors as respects the furnishing of data for offering documents, it being specifically understood that FA is not responsible for the inclusion or omission of any material in published offering documents.

As applicable, advise the DISTRICT on the condition of the bond market at the time of sale, including volume, timing considerations, competing offerings, and general economic considerations.

Assist and advise the DISTRICT in negotiations with investment banking groups regarding fees, pricing of the bonds and final terms of any security offering, and make recommendations regarding a proposed offering to obtain the most favorable financial terms based on existing market conditions.

Anange for the closing of the transaction including, but not limited, to bond printing, signing and final delivery of the bonds.

Assist and advise the DISTRICT with investment of proceeds of debt offerings

Special Services. Upon request of the DISTRICT:

FA may provide other services which shall include, but not be limited to, the following:

Impact fee financial analysis
Rate analysis
Management analysis
Referendum assistance
Legislative initiatives
Project assessment analysis
Implementation of revenue enhancement programs
Investment advisory services (services to be provided by an affiliate of FA under separate agreement between the DISTRICT and such affiliate))

Arbitrage and rebate services (services to be provided by an affiliate of FA under separate agreement between the DISTRICT and such affiliate)
Financial analysis of projects being developed by engineer/architect studies
Negotiate on behalf of the DISTRICT for proposed projects

EXHIBITB COMPENSATION FOR SERVICES (Negotiable)

DescriQtion	Unit Price		
TRANSACTIONAL FEE SCHEDULE		
Non-investment	
A. Conventional Long-Term Fixed Rate Debt	Investment Grade	Grade	
Up to $25 Million	$1.00/ $1,000	$1.00/ $1,000	
$25 Million up to $50 Million	$0.85/ $1,000	$1.00/ $1,000	
Over $50 Million up to $75 Million	$0.75/ $1,000	$0.85/ $1,000	
Over $75 Million	$0.50/ $1,000	$0.75/ $1,000	
Above Fees Subject To:			
Minimum	$20,000.00	$25,000.00	
Maximum	$125,000.00	$200,000.00	

Additional Fee - Refunding Transaction

$ NIA (excluding escrow structuring if requested)

Notes, Including but not Limited to TANS and RANS $15,000.001
1Fee for investment grade, publicly offered issues; fee for private placement or non-investment grade public offering will be negotiated prior to the sale.

NON-TRANSACTIONAL FEE SCHEDULE

Professional Fees

Managing Director
Senior Managing Consultant (other senior staff) Senior Analyst (Analyst)
Administrative Staff

Out of Pocket Expenses
Not to Exceed

$300.00/ Hour
$250.00/ Hour
$150.00/ Hour
$0.00	I Hour

$2,000.00 per Issue*

Travel Lodging Meals Postage Telephone Copies Printing

At Cost At Cost At Cost At Cost At Cost
0.10 Black & White; 0.50 for Color
Black & White; 0.50 for Color

*FA also offers a flat "overhead" fee of $1,500 per financing to cover all typical expenses (copies, printing, in state travel, etc.). Both structures exclude New York and other out of state travel, which is billed at cost.

Other Services
In addition to advising on bond transactions, FA is often called upon to perform many additional duties. These may include structuring and implementation of the refunding escrow, debt service reserve and debt service payment fund investment structuring, arbitrage rebate compliance, investment agreement and float contract bidding, investment liquidation, interest rate swap pricing and implementation, and other related services. These services would be provided via separate contract with the appropriate FA related entity such as FA Asset Management, LLC. If needed or required under this proposal, these services are subject to a separate fee to be negotiated in advance at the time of the service. FA fully discloses all fees related to any transaction.

EXHIBITC INSURANCE

Fishkind & Associates, Inc. ("FA") has a complete insurance program, including property, casualty, comprehensive general liability, automobile liability and workers compensation. FA maintains professional liability and fidelity bond coverages which total $30 million and $10 million, respectively. FA also canies a $10 million cyber liability policy.

Our Professional Liability policy is a "claims made" policy and our General Liability policy claims would be made by occunence.

Deductibles/SIR:
Automobile $250 comprehensive & $500 collision Cyber Liability $50,000
General Liability $0
Professional Liability (E&O) $1,000,000 Financial Institution Bond $75,000

Insurance Company & AM Best Rating
Professional Liability (E&O)	Endurance American Specialty Insurance; (A+; XV)
XL Specialty Insurance Company; (A; XV) Continental Casualty Company; (A; XV)
Stan Indemnity & Liability Company; (A; XIV)

Financial Institution Bond Cyber Liability
General Liability Automobile Liability Excess /Umbrella Liability Workers Compensation
& Employers Liability

Federal Insurance Company; (A++; XV) Indian Harbor Insurance Company (A; XV)
Great Northern Insurance Company; (A++; XV) Federal Insurance Company; (A++; XV) Federal Insurance Company; (A++; XV)
Great Northern Insurance Company; (A++; XV)

BOGGY CREEK IMPROVEMENT	DISTRICT

Resolution 2019-03, Designating District Manager, Assessment
Consultant and Financial Advisor

RESOLUTION 2019-03

A RESOLUTION DESIGNATING FISHKIND & ASSOCIATES, INC., AS DISTRICT MANAGER OF AND ASSESSMENT CONSULTANT FOR AND FINANCIAL ADVISOR TO BOGGY CREEK IMPROVEMENT DISTRICT, AUTHORIZING COMPENSATION, AND PROVIDING AN EFFECTIVE DATE.

WHEREAS, Boggy Creek Improvement District ("District") is a local unit of special­ purpose government created and existing pursuant to Chapter 189, Florida Statutes, being situated in Sarasota and Manatee Counties, Florida; and

WHEREAS, the Board of Supervisors ("Board") of the District has previously appointed Fishkind & Associates, Inc. as District Manager and Assessment Consultant (hereinafter, collectively, the "District Manager") and Financial Advisor; and

WHEREAS, the Board of Supervisors and Fishkind & Associates, Inc. desire to enter into a revised District Management Agreement and Financial Advisor Agreement (collectively, the "Fishkind Agreement"), which shall be dated effective as of the date of this Resolution, the form(s) of which are attached hereto as Exhibit A; and

WHEREAS, pursuant to the terms of the Fishkind Agreement, Fishkind & Associates, Inc. may, upon notice to the District, assign its rights and obligations under such agreement to any subsidiary, affiliate, or successor in connection with the sale of all or substantially all of Fishkind & Associates, Inc.'s assets; and

WHEREAS, Fishkind & Associates, Inc. has recently advised the Board of Supervisors of the District of its intent to enter into a proposed transaction (the "Transaction") with PFM Financial Advisors LLC or PFM Consulting Services, LLC or its affiliate(s) (collectively, "PFM") whereby Fishkind will sell all or substantially all of its assets to PFM; and

WHEREAS, in connection with the Transaction and pursuant to the Fishkind Agreement, Fishkind & Associates, Inc. desires to assign it rights and obligations as District Manager and Financial Advisor under the Fishkind Agreement to PFM upon and after the date the Transaction is consummated, and the Board is amenable to such assignment upon the consummation of the Transaction.

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF BOGGY CREEK IMPROVEMENT DISTRICT:

Fishkind & Associates, Inc. has previously been appointed the District Manager and Financial Advisor to the District.

Fishkind & Associates, Inc., shall be compensated for services in such capacity in the manner prescribed set forth in the Fishkind Agreement attached hereto as Exhibit A, which agreement is approved as to form and substance. Upon execution of the Fishkind Agreement(s) attached hereto as Exhibit A, all prior agreements relating to the services contemplated in the Fishkind Agreement attached hereto as Exhibit A are hereby rescinded by the parties and shall be of no further force and effect.

The assignment by Fishkind & Associates, Inc. of all of its rights and obligations as District Manager and Financial Advisor under the Fishkind Agreement to PFM is approved by the Board in connection with, and shall become effective upon, consummation of the Transaction referenced hereinabove.

This Resolution shall become effective immediately upon its adoption.

Adopted this 15th day of January, 2019.

ATTEST:	BOGGY CREEK IMPROVEMENT DISTRICT

Secretary/Assistant Secretary	Richard Levey, Chairman

Exhibit A: Fishkind Agreements

2

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DISTRICT MANAGEMENT AND ASSESSMENT CONSULTANT AGREEMENT

This District Management Agreement (this "Agreement"), made and entered into this 15th day of January, 2019 (the "Effective Date") by and between Boggy Creek Improvement District ("DISTRICT") and Fishkind & Associates, Inc. (hereinafter called the "MANAGER") sets forth the terms and conditions under which MANAGER shall provide services.

WHEREAS, the DISTRICT desires to obtain the services of a MANAGER to provide District Management Services; and

WHEREAS, MANAGER is capable of providing the necessary services.

NOW, THEREFORE, in consideration of the above mentioned premises and intending to be legally bound hereby, the DISTRICT and MANAGER agree as follows:

SCOPE OF SERVICES

MANAGER shall provide District Management Services as set fo1ih in Exhibit A to this Agreement. Any material changes in or additions to the scope of services described in Exhibit A shall be promptly reflected in a written supplement or amendment to this Agreement. Services provided by MANAGER which are not specifically referenced in the scope of services set forth in Exhibit A of this Agreement shall be completed as agreed in writing in advance between the DISTRICT and MANAGER. Upon request of DISTRICT, MANAGER or an affiliate of MANAGER may agree to additional services to be provided by MANAGER or an affiliate of MANAGER, by a separate agreement between the DISTRICT and MANAGER or its respective affiliate.

WORK SCHEDULE

The services of MANAGER are to commence as soon as practicable after the execution of this Agreement and a request by the DISTRICT for such service.

COMPENSATION

For the services provided under this Agreement, MANAGER's professional fees shall be paid as provided in Exhibit B to this Agreement and DISTRICT shall pay expenses and fees for other services not set forth in Exhibit A as provided below.

Reimbursable Expenses

In addition to fees for services, MANAGER will be reimbursed for necessary, reasonable, and documented out-of-pocket expenses incurred, including travel, meals, lodging, telephone, mail, and other ordinary cost and any actual extraordinary cost for graphics, printing, data processing and computer time which are incuned by MANAGER only as authorized by the DISTRICT's approved budget. Documentation of such expenses will be provided to the DISTRICT upon request.
Other Services

Any services which are not included in the scope of services set forth in Exhibit A of this Agreement will be subject to separate, mutually acceptable fee structures.
TERM AND TERMINATION

This Agreement shall be effective from the Effective Date and shall continue until tenninated by either party as provided herein. The DISTRICT has the right to tenninate this Agreement for "good cause" which shall include misfeasance, malfeasance, nonfeasance or dereliction of duties by the MANAGER which, in each case, the MANAGER fails to cure within 10 days of notice thereof. Te1mination for "good cause" shall be effected immediately by provision of written notice to MANAGER. Either paiiy hereto shall have the right to terminate this Agreement, at any time and for any reason whatsoever, upon (i) the DISTRICT providing to the MANAGER a minimum of thiliy (30) days advance written notice of its intention to te1minate or (ii) the MANAGER providing to the DISTRICT a minimum of sixty (60) days advance written notice of its intention to terminate. All notices shall be mailed to the person and address specified for use in the giving of notice, in paragraph 10, hereof. Should the relationship be terminated, MANAGER will be paid for all services performed and costs and expenses incmTed up to the termination date.

ASSIGNMENT

Neither paiiy may assign this Agreement or its rights or obligations hereunder without the prior written consent of the other; provided, however, that MANAGER may, upon notice to the DISTRICT, assign MANAGER's rights and obligations under this Agreement to any subsidiary or affiliate of MANAGER or a successor of MANAGER in connection with the sale of all or substantially all of MANAGER's assets. Subject to the foregoing, this Agreement shall be binding on the parties hereto and their respective successors and assigns.
OWNERSHIP OF INFORMATION, REPORTS, AND DATA

All information, data, reports, and records in the possession of the DISTRICT or any third paiiy necessary for canying out any services to be performed under this Agreement ("Data") shall be furnished to MANAGER and the DISTRICT shall, and shall cause its agent(s) to, cooperate with MANAGER in its conduct of reasonable due diligence in performing the services, including with respect to the facts that are necessai-y in its recommendation(s) to the DISTRICT in connection with a transaction or financial product and/or relevant to a DISTRICT's dete1mination whether to proceed with a course of action. To the extent DISTRICT requests that MANAGER provide advice with regard to any recommendation made by a third party, DISTRICT will provide to MANAGER written direction to do so as well as any Data it has received from such third party relating to its recommendation. DISTRICT acknowledges and agrees that while MANAGER is relying on the Data in connection with its provision of the services under this Agreement, MANAGER makes no representation with respect to and shall not be responsible for the accuracy or completeness of such Data.
NOTICES

All notices given under this Agreement shall be in writing, sent by registered United States mail, with return receipt requested, addressed to the party for whom it is intended, at the designated below. The parties designate the following as the respective places for giving notice, to-wit:

DISTRICT:
Boggy Creek Improvement District 12051 Corporate Boulevard
Orlando, Florida 32801 Attention: District Manager

With A Copy To:

Hopping Green & Sams, PA 119 S. Monroe Street, Suite 300
Tallahassee, Florida 32301 Attention: Tucker Mackie

MANAGER:

Fishkind & Associates, Inc. 12051 Corporate Boulevard
Orlando, FL 32801
Attention: Hank Fishkind, President

TITLE TRANSFER

All materials, except functioning or dynamic financial models, prepared by MANAGER pursuant exclusively to this Agreement shall be the property of the DISTRICT. Subject to the foregoing exception, upon termination of this Agreement, at DISTRICT's reasonable request no later than three (3) years after the termination of this Agreement MANAGER shall deliver to the DISTRICT copies of any and all materials or documents prepared, kept or maintained in accordance with this Agreement.

MANAGER'S REPRESENTATIVES

Assignment ofNamed Individuals

The professional employees of MANAGER set forth below will provide the services set forth in this Agreement; provided that MANAGER may, from time to time, supplement or otherwise amend the team members set fmih below.

Hank Fishkind, Ph.D.
Jennifer Walden
Lynne Mullins

Changes in Staff Requested by the DISTRICT

The DISTRICT has the right to request, for any reason, MANAGER to replace any member of the MANAGER staff. Should the DISTRICT malce such a request, MANAGER shall promptly suggest a substitute for approval by the DISTRICT.

INSURANCE

MANAGER shall maintain insurance coverage with policy limits not less than as stated in Exhibit C.

XIII.	GENERAL PROVISIONS

MANAGER Not to Participate as Underwriter

The MANAGER is precluded from being an underwriter of any debt obligations issued by the DISTRICT and shall not market or otherwise be responsible for the initial offering of the issuance of any of the DISTRICT's debt obligations.
Limitation of Liability

Except to the extent caused by willful misconduct, bad faith, gross negligence or reckless disregard of obligations or duties under this Agreement on the part of MANAGER or any of its associated persons, neither MANAGER nor any of its associated persons shall have liability to any person for (i) any act or omission in connection with the perfonnance of its services hereunder, (ii) any error of judgment or mistake oflaw, or (iii) any loss arising out of or any financial or other damages resulting from DISTRICT's election to act or not to act, as the case may be, contrary to or, absent negligence on the part of MANAGER or any of its associated persons, upon any advice or recommendation provided by MANAGER to DISTRICT.
Disclaimer of MANAGER

The DISTRICT acknowledges that the MANAGER is not an attorney and may not render legal advice or opinions. Although the MANAGER may participate in accumulating information necessary for documents required by the DISTRICT to finalize any particular financing, such information shall be verified by the DISTRICT as to its conectness; provided, however, that the DISTRICT shall not be required to verify the conectness of any infonnation originated by the MANAGER or the c01Tectness of any inf01mation originated by the MANAGER which the MANAGER has used to fo1mulate its opinions and advice given to the DISTRICT.

Attorney Fees and Governing Law

MANAGER and the DISTRICT agree that, should a disagreement arise as to the terms or enforcement of any provision of this Agreement, each party will in good faith attempt to resolve said disagreement prior to pursuing other action. This Agreement shall be construed, enforced, and administered in accordance with the laws of the State of Florida. In the event either party is required to take any action to enforce this Agreement, the substantially prevailing party shall be entitled to attorney's fees and costs, including fees and costs incurred in determining entitlement to and reasonableness of such fees and costs.

Time of the Essence

The DISTRICT and the MANAGER agree that time is of the essence and that the services of the MANAGER shall be performed expeditiously.

Entire Agreement

This Agreement represents the entire agreement between DISTRICT and MANAGER for District Management Services contemplated hereby and supersedes all prior agreements, contracts, an-angements, or communications between the parties with respect to the subject matter addressed herein, whether oral or written. This Agreement may not be amended or modified except in writing signed by both parties. For the sake of clarity, any separate agreement between DISTRICT and MANAGER or any affiliate of MANAGER shall not in any way be deemed an amendment or modification of this Agreement. The invalidity in whole or in part of any provision of this Agreement shall not void or affect the validity of any other provision.

Authority to Execute and Counterparts

Each party to this Agreement represents, warrants, and covenants to the other that the person or persons signing this Agreement on behalf of such party is authorized and empowered to sign and deliver this Agreement for such party, that such party has the lawful authority to enter into this relationship, and that the governing or managing body of each party has approved this relationship and has similarly authorized the execution of this Agreement. This Agreement may be signed in any number of counterparts, each of which shall be an original and all of which when taken together shall constitute one and the same document.
Public Records Disclosure

MANAGER understands and agrees that all documents of any kind provided to the DISTRICT in connection with this Agreement may be public records, and, accordingly, MANAGER agrees to comply with all applicable provisions of Florida law in handling such records, including but not limited to Section 119.0701, Florida Statutes. Consultant acknowledges that the designated public records custodian for the DISTRICT is Fishkind & Associates, Inc. ("Public Records Custodian"). Among other requirements and to the extent applicable by law, the MANAGER shall 1) keep and maintain public records required by the DISTRICT to perform the service; 2) upon request by the Public Records Custodian, provide the DISTRICT with the requested public records or allow the records to be inspected or copied within a reasonable time period at a cost that does not exceed the cost provided in Chapter 119, Florida Statutes; 3) ensure that public records which are exempt or confidential, and exempt from public records disclosure requirements, are not disclosed except as authorized by law for the duration of the Agreement term and following the Agreement term if the MANAGER does not transfer the records to the Public Records Custodian of the DISTRICT; and 4) upon completion of the Agreement, transfer to the DISTRICT, at no cost, all public records in MANAGER' s possession or, alternatively, keep, maintain and meet all applicable requirements for retaining public records pursuant to Florida laws. When such public records are transfened by the MANAGER, the MANAGER shall destroy any duplicate public records that are exempt or confidential and exempt from public records disclosure requirements. All records stored electronically must be provided to the DISTRICT in a format that is compatible with Microsoft Word or Adobe PDF formats.

Independent Contractor

MANAGER, its employees, officers and representatives at all times shall be independent contractors and shall not be deemed to be employees, agents, partners, servants and/or joint venturers of DISTRICT by virtue of this Agreement or any actions or services rendered under this Agreement. Nothing in this Agreement is intended or shall be construed to give any person, other than the Parties hereto, their successors and pe1mitted assigns, any legal or equitable rights, remedy or claim under or in respect of this Agreement or any provisions contained herein. In no event will MANAGER be liable for any act or omission of any third party or for any circumstances beyond MANAGER's reasonable control including, but not limited to, fire, flood, or other natural disaster, war, riot, strike, act of tenorism, act of civil or military authority, software and/or equipment failure, computer virus, or failure or inte1Tuption of electrical, telecommunications or other utility services.

In witness whereof, the parties hereto have executed this Agreement, in duplicate, as of the Effective Date above written.

Board of Supervisors:

Boggy Creek Improvement District
Sign:	 Print Name: Richard Levey, Chairman

Fishkind & Associates, Inc.

Hank Fishkind, Ph.D., President

EXHIBIT A

SCOPE OF SERVICES

General Management Services

General Consultation, Meetings, and DISTRICT Representation

The Manager shall organize the DISTRICT meetings. This includes, but is not limited to, providing the agenda and Board packages, scheduling, notification, publication and related matters. The service to be provided shall also include, but not be limited to planning, scheduling, production and quality control, coordination, and administration of various professional service elements.

The manager shall prepare and submit to the DISTRICT' s Board of Supervisors a proposed annual budget and administer the adopted budget of the DISTRICT.

As the DISTRICT's Manager, we will consult with the DISTRICT Board of Supervisors and its designated representatives, and when necessary, paiiicipate in such meetings, discussions, project site visits, workshops, and hearings as may pe1iain to the administration, accomplishment and fulfillment of the professional services with regard to the projects and general interest of the DISTRICT.

The Manager shall consult with and advise the DISTRICT on matters related to the operation and maintenance of the DISTRICT and assist the DISTRICT to ensure compliance with all statutes and applicable law affecting the DISTRICT. The Manager will maintain the DISTRICT's website in compliance with applicable law and ensure an e-mail system is in place which provides a separate "CDD e-mail address" for all Board members with an archiving system which will allow the Manager to respond to public records requests and maintain e-mails in compliance with applicable records retention law.

Accounting Services

The Manager shall define and implement an integrated management reporting system which will allow the DISTRICT to represent fairly and with full disclosure the financial position of the DISTRICT. Monthly financial statements will be provided in addition to a year-end audited financial statement to be prepared by a certified public accounting film selected by the DISTRICT. These services will be coordinated with the DISTRICT's auditors to assure a smooth and efficient audit of the DISTRICT's books.

Minutes and Records

The Manager shall define and implement a system of record management for the DISTRICT, including a concise and accurate record of the official actions of the Board of Supervisors and any appointed boards or committees, and shall oversee the maintenance and disclosure ofDISTRICT's records pursuant to Florida law.

Annual Assessments, Lien Book Maintenance and Dissemination Agent

The Manager will maintain the tax roll for the DISTRICT and coordinate and report to the Tax Assessor and Tax Collector for the jurisdiction in which the DISTRICT exists.

The Manager will administer the DISTRICT's assessment methodology during platting and maintain the DISTRICT's lien book and release of liens at closings.

The Manager will provide continuing disclosure filing coordination and assistance for DISTRICT debt issues on EMMA as required by the MSRB and other regulatory agencies.

Assessment Consulting Services

The Manager shall formulate the DISTRICT's special assessment methodology or similar security for debt issuance in consultation with the DISTRICT's counsel, consulting engineer, bond counsel, and other consultants and professionals, including the preparation of an assessment methodology report.

EXHIBIT B COMPENSATION FOR SERVICES

The table below outlines the minimum management fees. The fees depend upon the type of district, the website selected, and the number of debt issues outstanding for the DISTRICT. Fees are reviewed and adjusted annually pursuant to the DISTRICT's budget process. Our fees include the provision of the services described in Exhibit A, as well as the reimbursable expenses set fo1ih in Section III(l).

Type of District	I Management
Fee		
Inactive	$5,000		
Developer Control	$37,500		
Resident Control	$60,000		
Website	Set Up	Annual	
Minimum	$2,000	$1,250	
Standard	$3,000	$2,500	
Deluxe	$5,000	$5,000	
Lien Book, Tax Roll, and	Amount		
Continuing Disclosure Services			
Base Fee	$5,000		
Fee per debt issue	$7,500		
Assessment Methodology		Fee to be	
Preparation and Assessment Consulting Services		negotiated per debt	
 	issuance	

EXHIBIT C INSURANCE

MANAGER shall provide and maintain the following levels of insurance coverage at all times subsequent to the execution of this Agreement:

Worker's Compensation insurance to cover full liability under worker's compensation laws in effect in Florida.
General Liability insurance with limit of one million dollars ($1,000,000.00) per each occun-ence.
Professional Liability insurance with limit of one million dollars ($1,000,000.00) per each occurrence. Claims-made policies shall have at least a three-year repo1iing period.
Employment Practices Liability insurance with limit of two million dollars ($2,000,000.00) per each occunence.
Commercial Crime insurance with limit of two million dollars ($2,000,000.00) per each occunence.
Comprehensive Automobile Liability insurance for all hired and non-owned vehicles used by the Consultant's staff with a combined single limit of one million dollars ($1,000,000.00).

The DISTRICT (and its staff, consultants, and supervisors as applicable) will be listed as additional insureds on the General Liability and Automobile insurance policies described above. The DISTRICT (and its staff, consultants, and supervisors as applicable) will be listed as a joint loss payee on the Commercial Crime insurance. None of the policies above may be canceled during the term of this Agreement (or otherwise cause the DISTRICT to not be named as an additional insured or joint loss payee where applicable) without sixty (60) days written notice to the DISTRICT. MANAGER will furnish the DISTRICT with a Certificate of Insurance evidencing compliance with this section prior to Agreement commencement and upon request.

FINANCIAL ADVISORY AGREEMENT

This agreement ("Agreement"), made and entered into this 15th day of January, 2019, (the "Effective Date") by and between Boggy Creek Improvement District ("DISTRICT") and Fishkind & Associates, Inc. (hereinafter called "FA"), sets forth the terms and conditions under which FA shall provide services.

WHEREAS, the DISTRICT desires to obtain the services of a financial advisor to develop and assist in implementing the DISTRICT's strategies to meet its current and long-term operations, financial obligations, capital financing needs and render assistance in respect to debt transactions; and

WHEREAS, FA is capable of providing the necessary financial advisory services.

NOW, THEREFORE, in consideration of the above mentioned premises and intending to be legally bound hereby, DISTRICT and FA agree as follows:

SCOPE OF SERVICES

FA shall provide, upon request of the DISTRICT, services related to financial planning, budget and strategic advice and planning, policy development and services related to debt issuance, as applicable and set forth in Exhibit A to this Agreement. DISTRICT acknowledges and agrees that most tasks requested by DISTRICT will not require all services provided for in Exhibit A and as such the specific scope of services for such task shall be limited to just those services required to complete the task. Any material changes in or additions to the scope of services described in Exhibit A shall be promptly reflected in a written supplement or amendment to this Agreement. Services provided by FA which are not specifically referenced in the scope of services set forth in Exhibit A of this Agreement shall be completed as agreed in writing in advance between the DISTRICT and FA.

WORK SCHEDULE

The services of FA are to commence as soon as practicable after the execution of this Agreement and a request by the DISTRICT for such service.

REGISTERED MUNICIPAL ADVISOR; REQUIRED DISCLOSURES

FA is a registered municipal advisor with the Securities and Exchange Commission (the "SEC") and the Municipal Securities Rulemaking Board (the "MSRB"), pursuant to the Securities Exchange Act of 1934 Rule 15Bal-2. If DISTRICT has designated FA as its independent registered municipal advisor ("IRMA") for purposes of SEC Rule 15Bal-1(d)(3)(vi) (the "IRMA exemption"), then services provided pursuant to such designation shall be the services described in Exhibit A hereto, subject to any limitations provided herein. FA shall not be responsible for, or have any liability in connection with, verifying that FA is independent from any other party seeking to rely on the IRMA exemption (as such independent status is required pursuant to the IRMA exemption, as interpreted from time to time by the SEC). DISTRICT acknowledges and agrees that any reference to FA, its personnel and its role as IRMA, including in the written

representation of DISTRICT required under SEC Rule 15Bal-l(d)(3)(vi)(B) shall be subject to prior approval by FA. DISTRICT further agrees not to represent that FA is DISTRICT's IRMA with respect to any aspect of a municipal securities issuance or municipal financial product, outside of the scope of services without FA's prior written consent.

MSRB Rules require that municipal advisors make written disclosures to their DISTRICTs of all material conflicts of interest, certain legal or disciplinary events and certain regulatory requirements. Such disclosures are provided in FA's Disclosure Statement delivered to DISTRICT together with this Agreement.
FINANCIAL ADVISORY COMPENSATION

For the services provided under this Agreement, FA's professional fees shall be paid as provided in Exhibit B to this Agreement and DISTRICT shall pay expenses and fees for other services not set forth in Exhibit A as provided below.

Reimbursable Expenses

In addition to fees for services, FA will be reimbursed for necessary, reasonable, and documented out-of-pocket expenses incurred, including travel, meals, lodging, telephone, mail, and other ordinary cost and any actual extraordinary cost for graphics, printing, data processing and computer time which are incurred by FA subject to the limitations of Chapter 112.061, F.S. Upon request of DISTRICT, documentation of such expenses will be provided.

Other Services

Any services which are not included in the scope of services set forth in Exhibit A of this Agreement will be subject to separate, mutually acceptable fee structures.
TERMS AND TERMINATION

This Agreement shall be effective as of the Effective Date until January 15, 2020 (the "Initial Term") and shall automatically renew for additional one (1) year periods (each a "Renewal Term" and together with the Initial Term, the "Term"), unless terminated in writing by either party upon thirty (30) days written notice to the other party without cause, or immediately upon written notice for good cause. For purposes of this Agreement, the term "good cause" shall include misfeasance, malfeasance, nonfeasance or dereliction of duties by FA which, in each case, FA fails to cure within 10 days of notice thereof. Upon such termination, FA will be paid for all services performed and costs and expenses incurred up to the termination date.
ASSIGNMENT

Neither party may assign this Agreement or its rights or obligations hereunder without the prior written consent of the other party ; provided that upon notice to DISTRICT, (i) FA may assign this Agreement or any interests hereunder to a municipal advisor entity registered with the SEC that directly or indirectly controls, is controlled by, or is under common control with, FA, or
to any subsidiary or affiliate of FA or a successor of FA in connection with the sale of all or

substantially all of FA' s assets. Subject to the foregoing, this Agreement shall be binding on the pmiies hereto and their respective successors and assigns.

INFORMATION TO BE FURNISHED TO FA

All information, data, reports, and records in the possession of the DISTRICT or any third party necessary for carrying out any services to be perf01med under this Agreement ("Data") shall be furnished to FA and the DISTRICT shall, and shall cause its agent(s) to, cooperate with FA in its conduct of reasonable due diligence in performing the services, including with respect to the facts that are necessary in its recommendation(s) to the DISTRICT in connection with a municipal securities transaction or municipal financial product and/or relevant to the DISTRICT's determination whether to proceed with a course of action. To the extent DISTRICT requests that FA provide advice with regard to any recommendation made by a third party, DISTRICT will provide to FA written direction to do so as well as any Data it has received from such third party relating to its recommendation. DISTRICT acknowledges and agrees that while FA is relying on the Data in connection with its provision of the services under this Agreement, FA makes no representation with respect to and shall not be responsible for the accuracy or completeness of such Data.
NOTICES

All notices given under this Agreement shall be in writing, sent by registered United States mail, with return receipt requested, addressed to the party for whom it is intended, at the designated below. The parties designate the following as the respective places for giving notice, to wit:

DISTRICT:
Boggy Creek Improvement District 12051 Corporate Boulevard
Orlando, Florida 32801
Attention: District Manager With A Copy To:
Hopping Green & Sams, PA 119 S. Monroe Street, Suite 300
Tallahassee, Florida 32301
Attention: Tucker Mackie FA:
Fishkind & Associates, Inc. 12051 Co1porate Boulevard
Orlando, FL 32801
Attention: Hank Fishkind, President

TITLE TRANSFER

All materials, except functioning or dynamic financial models, prepared by FA pursuant exclusively to this Agreement shall be the property of the DISTRICT. Subject to the exception described above, upon termination of this Agreement, at DISTRICT's reasonable request no later than three (3) years after the termination of this Agreement FA shall deliver to the DISTRICT copies of any materials or documents pertaining to or prepared in accordance with this Agreement.
FA'S REPRESENTATIVES

Assignment of Named Individuals

Professional employees of FA will provide the services set forth in this Agreement and FA may, from time to time, supplement or otherwise amend the team members. The individual listed below shall be the engagement manager for this Agreement.

Hank Fishkind, Ph.D.

Changes in Staff Requested by the DISTRICT

The DISTRICT has the right to request, for any reason, FA to replace any member of the advisory team. Should the DISTRICT make such a request, FA shall promptly suggest a substitute for approval by the DISTRICT.

INSURANCE

FA shall maintain insurance coverage with policy limits not less than as stated in Exhibit
C.

LIMITATION OF LIABILITY

Except to the extent caused by willful misconduct, bad faith, gross negligence or reckless disregard of obligations or duties under this Agreement on the part of FA or any of its associated persons, neither FA nor any of its associated persons shall have liability to any person for (i) any act or omission in connection with the performance of its services hereunder; (ii) any en-or of judgment or mistake of law; (iii) any loss arising out of any issuance of municipal securities, any municipal financial product or any other financial product, or (iv) any financial or other damages resulting from DISTRICT's election to act, or not to act, contrary to or upon any advice or recommendation provided by FA to DISTRICT.

INDEPENDENT CONTRACTOR; NO THIRD-PARTY BENEFICIARY

FA, its employees, officers and representatives at all times shall be independent contractors and shall not be deemed to be employees, agents, paiiners, servants and/or joint venturers of DISTRICT by vi1iue of this Agreement or any actions or services rendered under this Agreement. Nothing in this Agreement is intended or shall be construed to give any person, other than the Paiiies hereto, their successors and permitted assigns, any legal or equitable rights, remedy or claim under or in respect of this Agreement or any provisions contained herein. In no event will

FA be liable for any act or omission of any third party or for any circumstances beyond FA's reasonable control including, but not limited to, fire, flood, or other natural disaster, war, riot, strike, act of terrorism, act of civil or military authority, software and/or equipment failure, computer virus, or failure or interruption of electrical, telecommunications or other utility services.

APPLICABLE LAW

This Agreement shall be construed, enforced, and administered according to the laws of the State of Florida. FA and the DISTRICT agree that, should a disagreement arise as to the terms or enforcement of any provision of this Agreement, each party will in good faith attempt to resolve said disagreement prior to pursuing other action.
ENTIRE AGREEMENT; SEVERABILITY

This Agreement represents the entire agreement between DISTRICT and FA and may not be amended or modified except in writing signed by both parties. For the sake of clarity, any separate agreement between DISTRICT and an affiliate of FA shall not in any way be deemed an amendment or modification of this Agreement. This Agreement supersedes all prior agreements, contracts, arrangements, or communications between the parties with respect to the subject matter addressed herein, whether oral or written. The invalidity in whole or in part of any provision of this Agreement shall not void or affect the validity of any other provision.
EXECUTION; COUNTERPARTS

Each party to this Agreement represents and warrants that the person or persons signing this Agreement on behalf of such party is authorized and empowered to sign and deliver this Agreement for such party. This Agreement may be signed in any number of counterparts, each of which shall be an original and all of which when taken together shall constitute one and the same document.

PUBLIC RECORDS DISCLOSURE.

FA understands and agrees that all documents of any kind provided to the DISTRICT in connection with this Agreement may be public records, and, accordingly, FA agrees to comply with all applicable provisions of Florida law in handling such records, including but not limited to Section 119.0701, Florida Statutes. Consultant acknowledges that the designated public records custodian for the DISTRICT is Fishkind & Associates, Inc. ("Public Records Custodian"). Among other requirements and to the extent applicable by law, the FA shall 1) keep and maintain public records required by the DISTRICT to perform the service; 2) upon request by the Public Records Custodian, provide the DISTRICT with the requested public records or allow the records to be inspected or copied within a reasonable time period at a cost that does not exceed the cost provided in Chapter 119, Florida Statutes; 3) ensure that public records which are exempt or confidential, and exempt from public records disclosure requirements, are not disclosed except as authorized by law for the duration of the Agreement te1m and following the Agreement te1m if the FA does not transfer the records to the Public Records Custodian of the DISTRICT; and 4) upon completion of the Agreement, transfer to the DISTRICT, at no cost, all public records in FA's possession or, alternatively, keep, maintain and meet all applicable requirements for retaining public records

pursuant to Florida laws. When such public records are transferred by the FA, the FA shall destroy any duplicate public records that are exempt or confidential and exempt from public records disclosure requirements. All records stored electronically must be provided to the DISTRICT in a format that is compatible with Microsoft Word or Adobe PDF formats.

[Signature Page Follows]

IN WITNESS THEREOF, the DISTRICT and FA have executed this Agreement as of the day and year herein above written.

BOGGY CREEK IMPROVEMENT DISTRICT

By	­
Name: Richard Levey
Title: Chairman Date: January 15, 2019

FA

By	­
Name: -----------
Title: President
Date: -------------

EXHIBIT A SCOPE OF SERVICES

Services related to the Financial Planning and Policy Development upon request of the DISTRICT:

Assist with the formulation of the DISTRICT's special assessment methodology or similar security for debt issuance in consultation with the DISTRICT's counsel, consulting engineer, bond counsel, and other consultants and professionals; notwithstanding the foregoing, these services shall not include the preparation of an assessment methodology report.

Assist the DISTRICT in the formulation of Financial and Debt Policies and Administrative Procedures.

Review current debt structure, identifying strengths and weaknesses of structure so that future debt issues can be designed to maximize ability to finance future capital
needs. This will include, but not be limited to, reviewing existing debt for the possibility ofrefunding that debt to provide the DISTRICT with savings.

Analyze future debt capacity to determine the DISTRICT's ability to raise future debt capital.

Assist the DISTRICT in the development of the DISTRICT's Capital Improvement Program by identifying sources of capital funding.

Assist the DISTRICT with the development of the DISTRICT's financial planning eff01is and process by assessing capital needs, identifying potential revenue
sources, analyze financing alternatives such as pay-as-you-go, lease/purchasing, short-term vs. long-term financings, assessments, user fees, impact fees, developer contributions, public/private projects, and grants and provide analysis of each alternative as required as to the budgetary and financial impact.

Review the reports of accountants, independent engineers and other project feasibility consultants to ensure that such studies adequately address technical, economic, and financial risk factors affecting the marketability of any proposed
revenue debt issues; provide bond market assumptions necessary for financial projections included in these studies; attend all relevant working sessions regarding the preparations, review and completion of such independent studies; and provide written comments and recommendations regarding assumptions, analytic methods, and conclusions contained therein.

Develop, manage and maintain computer models for long-term capital planning which provide for inputs regarding levels of non-ad valorem special assessment and
other revenues growth rates by revenue and expenditure item, timing, magnitude and cost of debt issuance, and project operating and capital balances, selected

operating and debt ratios and other financial perf01mance measures as may be dete1mined by the DISTRICT.

Conduct strategic modeling and planning and related consulting.

Attend meetings with DISTRICT's staff, consultants and other professionals and the DISTRICT.

Undertake financial planning and policy development assignments made by the DISTRICT regarding financings, and financial policy including budget, tax, cash management issues and related fiscal policy and programs.

Assist the DISTRICT in preparing financial presentations for public hearings and/ or referendums.

Provide special financial services as requested by the DISTRICT.

Services Related to Debt Transactions (Includes short term financings, notes, loans, letters of credit, line of credit and bonds); provided that if the transaction is competitive, the services of the financial advisor will reflect that process. Upon the request of the DISTRICT:

Analyze financial and economic factors to determine if the issuance of bonds is appropriate.

Develop a financing plan in concert with DISTRICT's staff which would include recommendations as to the timing and number of series of bonds to be issued.

Assist the DISTRICT by recommending the best method of sale, either as a negotiated  sale,  private  placement  or  a public sale.	In a public sale, make
recommendation as to the determination of the best bid. In the event of a negotiated sale, assist in the solicitation, review and evaluation of any investment banking proposals, and provide advice and information necessary to aid in such selection.
Advise as to the various financing alternatives available to the DISTRICT.
Develop alternatives related to debt transaction including evaluation of revenues available, maturity schedule and cash flow requirements.

Evaluate benefits of bond insurance and/or security insurance for debt reserve fund.
If appropriate, develop credit rating presentation and coordinate with the DISTRICT the overall presentation to rating agencies.

Review underwriter's proposals and submit a written analysis of same to the DISTRICT.

Assist the DISTRICT in the procurement of other services relating to debt issuance such as printing, paying agent, registrar, etc.

Identify key bond covenant features and advise as to the financial consequences of provisions to be included in bond indentures, resolutions or other governing documents regarding security, creation ofreserve funds, flow of funds, redemption provisions, additional parity debt tests, etc.; review and comment on successive drafts of bond governing documents.

Review the requirements and submit analysis to bond insurers, rating agencies and other professionals as they pertain to the DISTRICT's obligation.

Review the terms, conditions and structure of any proposed debt offering undertaken by the DISTRICT and provide suggestions, modifications and enhancements where appropriate and necessary to reflect the constraints or current financial policy and fiscal capability.

Coordinate with DISTRICT's staff and other advisors as respects the furnishing of data for offering documents, it being specifically understood that FA is not responsible for the inclusion or omission of any material in published offering documents.

As applicable, advise the DISTRICT on the condition of the bond market at the time of sale, including volume, timing considerations, competing offerings, and general economic considerations.

Assist and advise the DISTRICT in negotiations with investment banking groups regarding fees, pricing of the bonds and final terms of any security offering, and make recommendations regarding a proposed offering to obtain the most favorable financial terms based on existing market conditions.

Arrange for the closing of the transaction including, but not limited, to bond printing, signing and final delivery of the bonds.

Assist and advise the DISTRICT with investment of proceeds of debt offerings

Special Services. Upon request of the DISTRICT:

FA may provide other services which shall include, but not be limited to, the following:

Impact fee financial analysis
Rate analysis
Management analysis
Referendum assistance
Legislative initiatives
Project assessment analysis
Implementation of revenue enhancement programs
Investment advisory services (services to be provided by an affiliate of FA under separate agreement between the DISTRICT and such affiliate))

Arbitrage and rebate services (services to be provided by an affiliate of FA under separate agreement between the DISTRICT and such affiliate)
Financial analysis of projects being developed by engineer/architect studies
Negotiate on behalf of the DISTRICT for proposed projects

EXHIBITB COMPENSATION FOR SERVICES {Negotiable)

Descri tion	Unit Price		
TRANSACTIONAL FEE SCHEDULE		
Non-investment	
A. Conventional Long-Term Fixed Rate Debt	Investment Grade	Grade	
Up to $25 Million	$1.00/ $1,000	$1.00/ $1,000	
$25 Million up to $50 Million	$0.85/ $1,000	$1.00/ $1,000	
Over $50 Million up to $75 Million	$0.75/ $1,000	$0.85/ $1,000	
Over $75 Million	$0.50/ $1,000	$0.75/ $1,000	
Above Fees Subject To: Minimum	
$20,000.00	
$25,000.00	
Maximum	$125,000.00	$200,000.00	

Additional Fee -Refunding Transaction

$ NIA (excluding escrow structuring if requested)

Notes, Including but not Limited to TANS and RANS $15,000.001
1Fee for investment grade, publicly offered issues; fee for private placement or non-investment grade public offering will be negotiated prior to the sale.

NON-TRANSACTIONAL FEE SCHEDULE

Professional Fees

Managing Director
Senior Managing Consultant (other senior staff) Senior Analyst (Analyst)
Administrative Staff

Out of Pocket Expenses
Not to Exceed

$300.00/ Hour
$250.00/ Hour
$150.00/ Hour
$0.00	I Hour

$2,000.00 per Issue*

Travel Lodging Meals Postage Telephone Copies Printing

At Cost At Cost At Cost At Cost At Cost
0.10 Black & White; 0.50 for Color
Black & White; 0.50 for Color

*FA also offers a flat "overhead" fee of $1,500 per financing to cover all typical expenses (copies, printing, in state travel, etc.). Both structures exclude New York and other out of state travel, which is billed at cost.

Other Services
In addition to advising on bond transactions, FA is often called upon to perf01m many additional duties. These may include structuring and implementation of the refunding escrow, debt service reserve and debt service payment fund investment structuring, arbitrage rebate compliance, investment agreement and float contract bidding, investment liquidation, interest rate swap pricing and implementation, and other related services. These services would be provided via separate contract with the appropriate FA related entity such as FA Asset Management, LLC. If needed or required under this proposal, these services are subject to a separate fee to be negotiated in advance at the time of the service. FA fully discloses all fees related to any transaction.

EXHIBIT C INSURANCE

Fishkind & Associates, Inc. ("FA") has a complete insurance program, including property, casualty, comprehensive general liability, automobile liability and workers compensation. FA maintains professional liability and fidelity bond coverages which total $30 million and $10 million, respectively. FA also carries a $10 million cyber liability policy.

Our Professional Liability policy is a "claims made" policy and our General Liability policy claims would be made by occurrence.

Deductibles/SIR:
Automobile $250 comprehensive & $500 collision Cyber Liability $50,000
General Liability $0
Professional Liability (E&O) $1,000,000 Financial Institution Bond $75,000

Insurance Company & AM Best Rating
Professional Liability (E&O)	Endurance American Specialty Insurance; (A+; XV)
XL Specialty Insurance Company; (A; XV) Continental Casualty Company; (A; XV)
Starr Indemnity & Liability Company; (A; XIV)

Financial Institution Bond Cyber Liability
General Liability Automobile Liability Excess /Umbrella Liability Workers Compensation
& Employers Liability

Federal Insurance Company; (A++; XV) Indian Harbor Insurance Company (A; XV)
Great N01ihem Insurance Company; (A++; XV) Federal Insurance  Company;  (A++;  XV) Federal Insurance Company; (A++; XV)
Great Northern Insurance Company; (A++; XV)

BOGGY CREEK IMPROVEMENT	DISTRICT

Requisition  Nos. 2018 -	40 -	42, 2018 -	44 & 45,
2018 -	47 & 48 Approved in December 2018 in an amount totaling $40,111.54

BOGGY CREEK IMPROVEMENT DISTRICT

DISTRICT OFFICE• 12051 CORPORATE BLVD• ORLANDO, FL 32817 PHONE: (407) 382-3256 • FAX: (407) 382-3254

Requisition Recap For Board Approval

Attached please find the listing of requisitions approved to be paid from bond funds from December 1, 2018 through December 31, 2018. This does not include requisitions previously approved by the Board.

J{EQUISITION NO.	PAYEE	AMOUNT
2018-40	Greeneway Improvement District	$2,076.10	
2018-41	Hopping Green & Sams	$1,668.50	
2018-42	Boggy Creek Improvement District	$250.00	
2018-44	Boggy Creek Improvement District	$1,435.68	
2018-45	Donald W. McIntosh Associates	$19,158.09	
2018-47	LandDesign	$1,337.67	
2018-48	Traffic Control Devices	$14,185.50	
		$40,111.54	

EXHIBITD

BOGGY CREEK IMPROVEMENT DISTRICT REQUISITION FOR PAYMENT AND
2018 NOTE REQUISITION AND CONSTRUCTION ACCOUNT

Nemours 7 Project at 12.89% ofOUC Work Order 657208 Paid Originally In Full by Greeneway Improvement District

ITEM:

REQUISITION NO:	2018-040
AMOUNT DUE:	$2,076.10
FUND:	Acquisition/Construction

November 9, 2018
Greeneway Improvement District 12051 Corporate Boulevard
Orlando, FL 32817

DATE: PAYEE: ADDRESS:

The undersigned hereby certifies that obligations in the stated amount set forth above have been incurred by the District, that each disbursement set forth above is a proper charge against the 2018 Acquisition and Construction Account, referenced above, that each disbursement set forth above was incurred in com1ection with the acquisition and the construction of the 2018 Project (herein after the "Project") and each represents a Cost of the Project, and has not previous!y been paid.

The undersigned hereby further certifies that there has not been filed with or served upon the District notice of any lien, right to lien, or attachment upon, or claim affecting the right to receive payment of, any of the monies payable to the Payee set forth above, which has not been released or will not be released simultaneously with the payment hereof.

The undersigned hereby further certifies that such requisition contains no item representing payment on account of any retained percentage, which the District is at the date of such certificate entitled to retain.

It is hereby represented by the undersigned that the Governing Body of the District has approved this requisition or has approved the specific contract with respect to which disbursements pursuant to this requisition are due and payable.

Attached hereto are photocopies of the invoice(s) from the vendor of the property acquired or services rendered with respect to which disbursement is hereby requested.

BOGGY CREEK IMPROVEMENT DISTRICT

-------···-------.._k.--------

,.,,. .----	.	/

.,-,<B--y-:--··--=----	 ,,.•,/  . .
.	CHAIRMAN or VICE CHAIRMAN

DISTRICT ENGINEER'S APPROVAL FOR PROJECT EXPENDITURES

The undersigned District Engineer hereby certifies that this disbursement is for a cost of the 2018 Project and is consistent with: (i) the applicable or construction contract; (ii) the pl s and specifica· ons for the portion of the

2018 Pmjoot with n,,pootto which such disburnement::.eing

(i i) the re ort f I	Dis :t

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BCID Series 2018 Req. 040 -  Greeneway Improvement District	November 9, 2018	Page 1 ofl

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EXHIBITD

BOGGY CREEK IMPROVEMENT DISTRICT REQUISITION FOR PAYMENT AND
2018 NOTE REQUISITION AND CONSTRUCTION ACCOUNT

Invoice 103555 for Project Construction Through 09/30/2018

ITEM:

REQUISITION NO:	2018-041
AMOUNT DUE:	$1,668.50
FUND:	Acquisition/Construction

November 9, 2018 Hopping Green & Sams
119 S. Monroe Street, Ste. 300
PO Box 6526
Tallahassee, FL 32314

DATE: PAYEE: ADDRESS:

The undersigned hereby certifies that obligations in the stated amount set forth above have been incurred by the District, that each disbursement set forth above is a proper charge against the 2018 Acquisition and Construction Account, referenced above, that each disbursement set forth above was incurred  in connection with the acquisition and the construction of the 2018 Project (herein after the "Project") and each represents a Cost of the Project, and has not previously been paid.

The undersigned hereby further certifies that there has not been filed with or served upon the District notice of any lien, right to lien, or attachment upon, or claim affecting the right to receive payment of, any of the monies payable to the Payee set forth above, which has not been released or will not be released simultaneously with the payment hereof.

The undersigned hereby further certifies that such requisition contains no item representing payment on account of any retained percentage, which the District is at the date of such certificate entitled to retain.

It is hereby represented by the undersigned that the Governing Body of the District has approved this requisition or has approved the specific contract with respect to which disbursements pursuant to this requisition are due and payable.

Attached hereto are photocopies of the invoice(s) from the vendor of the property acquired or services rendered with respect to which disbursement is hereby requested.

BOGGY CREEK IMPROVEMENT DISTRICT

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m•7	Di: ' E:gi1

DISTRICT ENGINEER'S APPROVAL FOR PROJECT EXPENDITURES

The undersigned District Engineer hereby certifies that this disburs 1 nt is for a cost of tl1e 2018 Project and is consistent with: (i) the applicable or construction contract; (ii) the plan d specifica ions for tl1e portion of the
2018 Project witlrnspeot to which suoh disbmsement ;:eing	iii) the ,ep rt .th

DISTRICT E	1£R·	p 		\'t\f' -;5 , e_.. -'..J'-\cr\ ,Y ,2 -

BCID Series 2018 Req. 041 -Hopping Green & Sa11;s	November 9, 2018	Page 1 ofl

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EXHIBITD

BOGGY CREEK IMPROVEMENT DISTRICT REQillSITION FOR PAYMENT AND
2018 NOTE REQillSITION AND CONSTRUCTION ACCOUNT

Reimbursement to District for a Plan Revision Fee for Lake Nona Boulevard Traffic Signal Modification at Tavistock Lakes Boulevard and Veterans Way Project Paid to City of Orlando Out of O&M Funds

ITEM:

2018-042
$250.00
Acquisition/Construction

REQillSITION NO: AMOUNT DUE: FUND:

November 16, 2018
Boggy Creek Improvement District c/o Fishkind & Associates
12051 Corporate Boulevard
Orlando, FL 32817

DATE: PAYEE: ADDRESS:

The undersigned hereby certifies that obligations in the stated amount set forth above have been incurred by the District, that each disbursement set forth above is a proper charge against the 2018 Acquisition and Construction Account, referenced above, that each disbursement set forth above was incurred in connection with the acquisition  and the construction of the 2018 Project (herein after the "Project") and each represents a Cost of the Project, and has not previously been paid.

The undersigned hereby further certifies that there has not been filed with or served upon the District notice of any lien, right to lien, or attachment upon, or claim affecting the right to receive payment of, any of the monies payable to the Payee set forth above, which has not been released or will not be released simultaneously with the payment hereof.

The undersigned hereby further certifies that such requisition contains no item representing payment on account of any retained percentage, which the District is at the date of such certificate entitled to retain.

It is hereby represented by the undersigned that the Governing Body of the District has approved this requisition or has approved the specific contract with respect to which disbursements pursuant to this requisition are due and payable.

Attached hereto are photocopies of the invoice(s) from the vendor of the property acquired or services rendered with respect to which disbursement is hereby requested.

BOGGY CREEK IMPROVEMENT DISTRICT

.>By? -7  -	

Ven+

CHAI or VICE CHA
Dcvn.() II	Uf"OI..­
DISTRICT ENGINEER'S APPROVAL FOR PROJECT EXPENDITURES

The undersigned District Engineer  hereby  certifies  that this disbursement  is  for a cost of the 2018 Project  and  is consistent with: (i) the applicable or construction contract; (ii) the plans /4¥ specifications for the portion of the

2018 Project with respect to which such disbursement is being made; and, jlii) 1jhe repprtph 1i.ct_ Enfineer.
BY:	/	I   I         II    /IT- -f/	\)h1,/ )/
DISTBJCf rfNfIB \-{oe., ·-::,. N,e cn	.E

BCID Series 2018 Req. 042 -Boggy Creek Improvement District	November 16, 2018	Page 1 ofl
:C''"\•·'.t:,:.L",c=1.,,ri:·.r·J, 	9

EXHIBITD

BOGGY CREEK IMPROVEMENT DISTRICT REQUISITION FOR PAYMENT AND
2018 NOTE REQUISITION AND CONSJRUCTION ACCOUNT

Reimbursement to District for an Additional Plan Revision Fee for the Nemours Parkway West & Lift Station 10 Project Paid to City of Orlando Out of O&M Funds -
$250.00
Reimbursement to District for the Cost of a 3" Reclaim Meter Paid to Orlando Utilities Commission out of O&M Funds - $11185.68

•

ITEM:

2018-044
$1,435.68
Acquisition/Construction

REQUISITION NO: AMOUNT DUE: FUND:

November 30, 2018
Boggy Creek Improvement District c/o Fish.kind & Associates
12051 Corporate Boulevard
Orlando, FL 32817

DATE: PAYEE: ADDRESS:

The undersigned hereby certifies that obligations in the stated amount set forth above have been incurred by the District, that each disbursement set forth above is a proper charge against the 2018 Acquisition and Construction Account, referenced above, that each disbursement set forth above was incurred in connection  with the acquisition and the construction of the 2018 Project (herein after the "Project") and each represents a Cost of the Project, and has not previously been paid.

The undersigned hereby further certifies that there has not been filed with or served upon the District notice of any lien, right to lien, or attachment upon, or claim affecting the right to receive payment of, any of the monies payable to the Payee set forth above, which has not been released or will not be released simultaneously with the payment hereof.

The undersigned hereby further certifies that such requisition contains no item representing payment on account of any retained percentage, which the District is at the date of such certificate entitled to retain.

It is hereby represented by the undersigned that the Governing Body of the District has approved this requisition or has approved the specific contract with respect to which disbursements pursuant to this requisition are due and payable.

Attached hereto are photocopies of the invoice(s) from the vendor of the property acquired or services rendered with respect to which disbursement is hereby requested.

BOGGY CREEK IMPROVEMENT DISTRICT
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BY:

BCID Series 2018 Req. 044 - Boggy Creek Improvement District

November 30,

Page 1 ofl

DISTRICT ENGINEER'S APPROVAL FOR PROJECT EXPENDITURES
11",.I';=>"l:":.''~i"'l:1'I1\ICd'.J  [DEL..:.f.-.   ',I 9 2018

EXHIBITD

BOGGY CREEK IMPROVEMENT DISTRICT REQUISITION FOR PAYMENT AND
2018 NOTE REQUISITION AND CONSTRUCTION ACCOUNT

Invoice 35886 for Project 23218 (Lake Nona Boggy Creek) Through 11/02/2018 -
$2,670.62
Invoice 35947 for Project 16106 (Nemours Parkway Phase 7 Design and Permitting and Lift Station No. 7) Through 11/02/2018 -$287.10
Invoice 35949 for Project 16193 (Lake Nona Town Center Parcel 22A Perimeter Road, Lift Station 10 and Forcemain) Through 11/02/2018 - $12,298.67
Invoice 35953 for Project 18128 (Nemours Parkway Phase 7 - Construction Phase Services -BCID) Through 11/02/2018 - $31901.70

•

ITEM:

REQUISITION NO:	2018-045
AMOUNTDUE:	$19,158.09
FUND:	Acquisition/Construction

November 30, 2018
Donald W McIntosh Associates 2200 Park Avenue  North Winter Park, FL 32789

DATE: PAYEE: ADDRESS:

The undersigned hereby certifies that obligations in the stated amount set forth above have been incurred by the District, that each disbursement set forth above is a proper charge against the 2018 Acquisition and Construction Account, referenced above, that each disbursement set forth above was incurred  in connection  with the  acquisition and the construction of the 2018 Project (herein after the "Project") and each represents a Cost of the Project, and has not previously been paid.

The undersigned hereby further certifies that there has not been filed with or served upon the District notice of any lien, right to lien, or attachment upon, or claim affecting the right to receive payment of, any of the monies payable to the Payee set forth above, which has not been released or will not be released simultaneously with the payment hereof.

The undersigned hereby further certifies that such requisition contains no item representing payment on account of any retained percentage, which the District is at the date of such certificate entitled to retain.

It is hereby represented by the undersigned that the Governing Body of the District has approved this requisition or has approved the specific contract with respect to which disbursements pursuant to this requisition are due and payable.

Attached hereto are photocopies of the invoice(s) from the vendor of the property acquired or services rendered with respect to which disbursement is hereby requested.

BOGGY CREEK IMPROVEMENT DISTRICT

t=--t={-S---

./BY.--_--:::::--=.	/;.,,.,,- 	.----
.	•	C       /                                    •

mor1. ve...rrtu

C	or VICE C,IyUR1JAN
-..d:.JCl	n:;.._.

BCID Series 2018 Req. 045-Donald W McIntosh Associates

November 30, 2018	Page 1 of2

RECEIVED DEC 1 9 2018

 	(i111n;;;

DISTRICT ENGINEER'S APPROVAL FOR PROJECT EXPENDITURES

The undersigned District Engineer hereby certifies that th.is disbursernen  is for a cost.tthe 2018 Project and is consistent with: (i) the applicable or construction contract; (ii) the pla;,/and spe;i:;yiops for the portion of the
2018 Project with <espect to which such disburnement ::,ing mad7

DIS1RICT EN(/HNE,	/c_)e   \ s;:-9ft.j ;:') , \ e    ._ ..:Sic:D .   \\"-')    'I

BCID Series 2018 Req. 045 - Donald W McIntosh Associates	November 30, 2018	Page 2 of2

t?1:;· (1 e1vF1)	1	2·0·18·.
,  .C. .,t=  iJ	l

EXHIBITD

BOGGY CREEK IMPROVEMENT DISTRICT REQUISITION FOR PAYMENT AND
2018 NOTE REQUISITION AND CONSTRUCTION ACCOUNT

Invoice 92584 for Project 8117011 (Lake Nona Town Center Loop Road/Boggy Creek CDD) Throu h 10/27/2018

ITEM:

REQUISITION NO:	2018-047
AMOUNTDUE:	$1,337.67
FUND:	Acquisition/Construction

November 30, 2018 LandDesign
PO Box36959
Charlotte, NC 28236

DATE: PAYEE: ADDRESS:

The undersigned hereby certifies that obligations in the stated amount set forth above have been incurred by the District, that each disbursement set fo1th above is a proper charge against the 2018 Acquisition and Construction Account, referenced above, that each disbursement set forth above was incurred in connection with  the acquisition and the construction of the 2018 Project (herein after the "Project") and each represents a Cost of the Project, and has not previously been paid.

The undersigned hereby further certifies that there has not been filed with or served upon the District notice of any lien, right to lien, or attachment upon, or claim affecting the right to receive payment of, any of the monies payable to the Payee set forth above, which has not been released or will not be released simultaneously with the payment hereof.

The undersigned hereby further certifies that such requisition contains no item representing payment on account of any retained percentage, which the District is at the date of such certificate entitled to retain.

It is hereby represented by the undersigned that the Governing Body of the District has approved this requisition or has approved the specific contract with respect to which disbursements pursuant to this requisition are due and payable.

Attached hereto are photocopies of the invoice(s) from the vendor of the property acquired or services rendered with respect to which disbursement is hereby requested.

 	Jc-

BOGGY CREEK IMPROVEMENT DISTRICT

--  B Y: ·	.	c /·
CHAIRMAN or VICE CJWRMj\N
'J:Ja,non Y tn .../-l rr;-

DISTRICT ENGINEER'S APPROVAL FOR PROJECT EXPENDITURES

BY:

9J.

BCID Series 2018 Req. 047 - LandDesign	November 30, 2018	Page 1 of 1

P.,E_- .L'P"\I''E-[---)

J 2018

EXHIBITD

BOGGY CREEK IMPROVEMENT DISTRICT REQIBSITION FOR PAYMENT AND
2018 NOTE REQIBSITION AND CONSTRUCTION ACCOUNT

Invoice 6129 for Pay Application #1 (Project 18006107 (Nemours Pkwy & Lake Nona Blvd)) 'Tlu:o_11gh 11/14/2018

ITEM:

2018-048
$14,185.50
Acquisition/Construction

REQIBSITION NO: AMOUNTDUE: FUND:

November 30, 2018 Traffic Control Devices PO Box 150418
242 N Westmonte  Drive Altamonte Springs, FL 32715-0418

DATE: PAYEE: ADDRESS:

The undersigned hereby certifies that obligations in the stated amount set forth above have been incurred by the District, that each disbursement set forth above is a proper charge against the 2018 Acquisition and Construction Account, referenced above, that each disbursement set forth above was incurred in  connection with the acquisition and the construction of the 2018 Project (herein after the "Project") and each represents a Cost of the Project, and has not previously been paid.

The undersigned hereby further certifies that there has not been filed with or served upon the District notice of any lien, right to lien, or attachment upon, or claim affecting the right to receive payment of, any of the monies payable to the Payee set forth above, which has not been released or will not be released simultaneously with the payment hereof.

The undersigned hereby further certifies that such requisition contains no item representing payment on account of any retained percentage, which the District is at the date of such certificate entitled to retain.

It is hereby represented by the undersigned that the Governing Body of the District has approved this requisition or has approved the specific contract with respect to which disbursements pursuant to this requisition are due and payable.

Attached hereto are photocopies of the invoice(s) from the vendor of the property acquired or services rendered with respect to which disbursement is hereby requested.
- '	---- ----/  IC	_	 	
BOGGY CREEK IMPROVEMENT DISTRICT

Y:	,          /	 cl(!
CHAIRMANVICE CHAI I
mu "1 Ye_11·--f.-£.J /'0--

ra7•)

DISTRICT ENGINEER'S APPROVAL FOR PROJECT EXPENDITURES

The  undersigned  District Engineer hereby certifies that this disbursem'1  -s   for a cost of tµe 2018 Project and

2018 Project wifu n,.speot to which sueh dishun;omentis being made;

BY:

the e ort ofthe istrietEnginecr.

""-'--/--1-	l

is consistent with:  (i) the applicable or construction contract; (ii) the plans	s  ecificatVms  6r the  portion of the
J	/4f

DISTRICT ENG	E	,t	- U. \'-'e s\C,'('1I   f)	, E_ -
- J

lJ ec1::1\/1.:D	1

BCID Series 2018 Req. 048- Traffic Control Devices	November 30, 2018	Page 1 ofl

1\1-,A:..    i:;:.  _	I

BOGGY CREEK IMPROVEMENT DISTRICT

Operation and Maintenance Expenditures Paid in December 2018 in an amount totaling $122,376.87

BOGGY CREEK IMPROVEMENT DISTRICT
DISTRICT OFFICE• 12051 CORPORATE BLVD• ORLANDO, FL 32817 PHONE: (407) 382-3256 • FAX: (407) 382-3254

Operation and Maintenance Expenditures For Board Approval

Attached please find the check register listing Operations and Maintenance expenditures paid from December 1, 2018 through December 31, 2018. This does not include expenditures previously approved by the Board.

The total items being presented:	$122,376.87

Approval of Expenditures:

Chairman Vice Chairman
 		Assistant Secretary

1/3/19	Boggy Creek Improvement District
3:35:18 PM	AP Check Register (Current by Bank)
Check Dates: 12/1/2018 to 12/31/2018

3283	12/11/18	p		ALLEN	Allen E Smith Ranch & Farming		$300.00	
3284	12/11/18	p		AWC	Aquatic Weed Control, Inc.		$5,845.00	
3285	12/11/18	p		VALLEY	BrightView Landscape Services		$41,252.11	
3286	12/11/18	V	12/11/18	VALLEY				
3287	12/11/18	p		CAROL	Carol King Landscape Maint.		$20,429.00	
3288	12/11/18	p		DONMC	Donald W. McIntosh Associates		$806.00	
3289	12/11/18	p		EGIS	Egis Insurance Advisors LLC		$3,273.00	
3290	12/11/18	p		FISH	Fishkind & Associates, Inc.		$9,907.47	
3291	12/11/18	p		HTFL	Hathaway's Tree Farm & Landsca		$1,950.00	
3292	12/11/18	p		HGS	Hopping Green & Sams		$2,080.60	
3293	12/11/18	p		MLM	Michael's Lighting Maint.		$662.50	
3294	12/11/18	p		ORLSEN	Orlando Sentinel		$978.86	
3295	12/11/18	p		RLEVEY	Richard Levey		$200.00	
3296	12/11/18	p		TCZAPK	Thaddeus Czapka		$200.00	
3297	12/11/18	p		VENTUR	VenturesIn.com		$105.00	
3298	12/19/18	p		VALLEY	BrightView Landscape Services		$17,958.00	
3299	12/19/18	p		HGS	Hopping Green & Sams		$1,449.10	
3300	12/19/18	p		JBB	JBB Enterprises		$1,050.00	
3301	12/19/18	p		MLM	Michael's Lighting Maint.		$333.00	
3302	12/19/18	p		SEF	Special Event Floral		$4,318.00	
						BANK SUN REGISTER TOTAL:	$113,097.64	
						GRAND TOTAL:	$113,097.64	

Check No.	Date	Status	Vendor ID Payee Name BANK ID: SUN - CITY NATIONAL BANK

Page: 1

Amount
001-101-0000-00-01

◊
13,097°6{1.	-'.-
OVL	CJ,279°23	+
0}2,376°87    G+

* Check Status Types: "P" - Printed ; "M" - Manual ; "V" - Void ( Void Date); "A" - Application; "E" - EFT
•• Denotes broken check sequence.

BOGGY CREEK IMPROVEMENT DISTRICT

F'aym ilt Authorization #376 (revised)
11/B/2018

Item	Payee	Invoice	General	Fisc_al	
 	No.		Number	Fund	Year	

All n E Smith Ranch & Fctrming
Oak Tree Removal	3580	$	300.00	FY2018

	Novemoer Landscape Maintl;)na_nce	6023478	$ 17,95,8,00		
	Z,one· #13 Repair Zones #2. &#5	Repairs
Zones #8, #14, #18, #.24, & #28 Repairs	6025607
6!)25q11
6025613	$	66.50

599.00		
	Controller #13 Repair
Controller #11Repair
Clcit:k #27 Repair	60251314
6Q25616
6025618	$	79.00
$	52;00
$	644.00		
	Zones #4, #13, & #15 Repairs	6025623	$	241,00		
	Glock #23 Repair	6025625	$	202.00		
	Fall Flower lns1aliation	6032487	$	5,430.20		
	Zones #2·, #4, &, #1o Rep9irs	6032509	$	146.50		
	Sod Enhancement	6035979	$	9' 4'3-·5-  .0..0		
	Controller #29 Repair	6035992	$	377 50		
	Controller #17 Repair	6035996	$	.675.$0		
3	Hopping Green & Sams				
	General Cpu.nsel Through 09/.30/2.   018	103554	$	2,08Q.60	Ff. 018	
4	Michael's Lighting & Elei;:tric				

BrightView Landscape' Services

$	15_3.QO

.   .	'

Night Li htrnQ Check 10/3 /2018	7106	$	8125

-.::.- -"  --	-""'

TO.TAL	$ sa. 21,os
 	/lJ/1;		 	

Secretary/Assi$ta,nt SeGr tary	Chairperson

ir.20Ja

2,3 0.60

l'v

k,4\1t

l} \  ii

3.6,140.45

RECEIVED DEC O	2018
·-------·- .·- ·-

BOGGY CREEK IMPROVEMENT DISTRICT

Payment Authorization #377
11/16/2018

Item	Payee
No.

Aquatic Wee Control, Inc,
June Wclterway service July Waterway Service A1,1gl!st Waterway Service
September Waterway Serviqe Octpjjer Waterway Service November Waterway Service

13tlghtVieW  Landscape Services
Controller #17 Repair

4	November ICM Landscape Maintenance

Fishldnd & Associates	16.3464	$	
	FY 2018 Dissemination SE:lrvlc:es	23670	$	
5	Michael's Llgtlting & Electric
Interchange Ughflng Replac meht	
7144	
$	
s	o.uc	p d	c,VJ I,11, e	II Iz IIt t'			

Carol Kinu Landsc p M tntenam:e

Invoice	General	Fiscal
Number	Fund	Year

25781	$	835.00	FY2018
26654	$	835.00	•py 2018
27521	$	835.00	•FY201e
28389	$	835.00	FY2018

29681	$	835,00

-

.30699	$	835.00

-

-	

604434	$	125,50

20,4 9.00

5,ooo;oo	FY•201£\

Acct,>2562183178; Service 10/02/2018 11/01/2018

.500.00

-	

-	

$	9;697.67

TOTAL

$ 40,762,17

WalJ.t<O	 	
Chairperson

FY2018
1m	

8,340.00
32,422.17

/I'\	,v 11

i

,....---..•---

BOGGY CREEK IMPROVEMENT DISTRICT

P yment Authorization #378
11/30/201$

Item	Payee	Invoice	General	Fiscal
Np.	Number	Fund	Year

Donald \N Nlclntosh Associates

-	

Ehgfheering Services Through 11/02/2018	3588.5	$	806.00

Egis Insurance & Risk Advisors

-	

FY 2019 Property lnsLJrance	8331	$	3,273.00
Fishl<ind & Assoct tes

-

DM Fee & Reirnbursables: November 2018	23689	$	4,907.47

Hathaway's Tree Farm & Landscaping·
Tree. Transplant	8392	$	1,950.00

Orlando Sentine.1

Leg l Advertising 10/29/2018 & 11/05/2018	OSC2286276	$	801.36
Legal Advertising 111121201s	OSC2421795	$	177;5.0
Supervisor Fees .. 11/19/2018 Meeting

Richard Levey	-	$	20.0.00
Thad Czapka	$	200.00

TOTAL	·.$   12,31s. a

Chairperson

F1( 201a
IIMW	12,31p,33

RECEIVED DEC O	2018

 

aoGGY.CREEK IMPROVEMENT Pl.STRICT

Pa_yrnerit Authoritatkm #379
12flllb.l

item No•.
Aquatic Weed control

Payee	l··h.\lo.it:!3
Number

(p f;erat
Fund

Oe.ce.mbe.r V-i-?J.te.r.way $e.rvic;e..
Bi'ightvi w Land c pe'.Services
'Me4Jop! PatiJJ REffu9va1 PdnsetHa fostaiiation confraH!3r 4R$p .fr
Mi.<:lli:\ l' J-Ightlng	E!eC.tric

:$:15.43

6014363
·5Qz4@5s
6014522

$	835,00

.$	:e$p.oo
$	;750A5
$	's$f3Jm·

Nig.Hf Li hti g Cfieck on 111ao1201a
4	C?uc ..·.  , pd.	o vi I,·f\-t   _   !  ) 11 /ur _	_ .

7245	$	81:.zs

. •	J

A ct 2 2183178; $ervic(t11101/201e.; t2/03./2018

-$.	9.,279 23

. ·	Ventur,esin:cp:tn
D.ep ri)ti f ,AppHpalion Hgs{fr.ig

44J$(f	l.

i.    . .  .

T. O-·  TA· ..L:	'$··•     1--5•G?._·  6...7,_ .-8·-•...:,9

w

.se:cret !)'/AssiitantS:ecretary	Chairperson

/

I\	\

RECEIVED DEC 1 0 2018

I!!! --

---------------- ,. 	,.,.....,             ·-----•-···   --.---,- -- ,-------------------------	--- ·-----	--

BOGGY CREEK IMPROVEMENT DISTRICT

Payment Authorization #380
12/14/2018

ltem	

Payee	Invoice	

General	
No.	 	Number		Fund	
1	BrightVie.w Lqnciscape Services		
	December Landscape Maintemanqe	6067677	$ 17,958.00	
2	Hopping Green & Sams		
	General Counsel Throµgh 10/31/2018	104211	$	1 ;449.10	
3	JBB Enterptises
Core Bore (3) Knee Walls	2 70	
$	1,050.00	
4	MicJ'la.eJ's Lighting & Electric
Exterior Lighting Replacements	8Q39	
33 .oo	
5	Special Event Floral		
	Holiday D oorati.ons	18-442
lriterchange Holiday Decorations	18-,443	$	802.00
$	3,516,QO	

TOTAL	

$	5.108.10	
	
Secretary/Assistant Secreitary	Chairpers.on		

\	\I 11\lo

RECEIVED DEC 1 7 2018

BOGGY CREEK IMPROVEMENT	DISTRICT

Recommendation of
Work Authorization/Proposed Services
(if applicable)

BOGGY CREEK IMPROVEMENT	DISTRICT

District's Financial Position and Budget to Actual YTD

Boggy Creek Improvement District
Statement of Activities As of 12/31/2018

General	Debt Service	Capital Projects	General Long­
Term Debt

Total

Revenues

Off-Roll Assessments	$406,447.46				$406,447.46	
Inter-Fund Transfers In	556.17				556.17	
Other Assessments		$1,252,021.30			1,252,021.30	
Other Income & Other Financing Sources		159,346.57			159,346.57	
Inter-Fund Group Transfers In		28,074.51			28,074.51	
Other Income & Other Financing Sources			$1,675,171.99		1,675,171.99	
Inter-Fund Transfers In			(28,630.68)		(28,630.68)	
Total Revenues	$407,003.63	$1,439,442.38	$1,646,541.31	$0.00	$3,492,987.32	

Expenses

Supervisor Fees	$1,200.00	$1,200.00	
Public Officials' Liability Insurance	3,250.00	3,250.00	
Trustee Services	1,571.35	1,571.35	
Management	9,375.00	9,375.00	
Engineering	1,693.00	1,693.00	
District Counsel	1,449.10	1,449.10	
Assessment Administration	7,500.00	7,500.00	
Travel and Per Diem	27.64	27.64	
Telephone	6.49	6.49	
Postage & Shipping	33.69	33.69	
Copies	268.50	268.50	
Legal Advertising	2,232.72	2,232.72	
Miscellaneous	1,671.60	1,671.60	
Property Taxes	339.11	339.11	
Web Site Maintenance	315.00	315.00	
Holiday Decorations	802.00	802.00	
Dues, Licenses, and Fees	175.00	175.00	
Electric	397.37	397.37	
Water Reclaimed	7,974.43	7,974.43	
General Insurance	3,687.00	3,687.00	
Property & Casualty	3,322.00	3,322.00	
Irrigation·	7,064.96	7,064.96	
Landscaping Maintenance & Material	53,874.00	53,874.00	
Landscape Improvements	1,950.00	1,950.00	
Flower & Plant Replacement	19,265.65	19,265.65	

Boggy Creek Improvement District
Statement of Activities As of 12/31/2018

	General	Debt Service	Capital Projects	General Long- Term Debt	Total	
IME - Aquatics Maintenance	814.12				814.12	
IME - Irrigation	9.75				9.75	
IME - Landscaping	19,918.26				19,918.26	
IME - Lighting	506.87				506.87	
IME - Miscellaneous	1,142.70				1,142.70	
IME - Water Reclaimed	214.39				214.39	
Entry and Wall Maintenance	1,050.00				1,050.00	
Streetlights	9,916.32				9,916.32	
Interest Payments		$1,347,119.77			1,347,119.77	
Engineering			$37,071.83		37,071.83	
District Counsel			752.00		752.00	
Legal Advertising			161.06		161.06	
Contingency			1, 111,508.83		1,111,508.83	
Total Expenses	$163,018.02	$1,347,119.77	$1,149,493.72	$0.00	$2,659,631.51	

9ther Revenues {Ex enses} & Gains {Losses}						
Interest Income	$9.73				$9.73	
Interest Income		$1,333.90			1,333.90	
Interest Income			$2.12		2.12	
Total Other Revenues (Expenses) & Gains (Losses)	$9.73	$1,333.90	$2.12	$0.00	$1,345.75	

Change In Net Assets	$243,995.34	$93,656.51	$497,049.71	$0.00	$834,701.56	

Net Assets At Beginning Of Year	
($40,170.80)	$4,412,579.42	($1,323,332.79)	
$0.00	$3,049,075.83	

Net Assets At End Of Year	
$203,824.54	
$4,506,235.93	
($826,283.08)	
$0.00	
$3,883,777.39	

Boggy Creek Improvement District
Statement of Financial Position As of 12/31/2018

General	Debt Service	Capital Projects	General Long-	Total
Term Debt

Current Assets		Assets		
General Checking Account	$207,404.00				$207,404.00	
State Board of Administration	1,256.25				1,256.25	
Due From Other Governmental Units	17,389.52				17,389.52	
Deposits	4,300.00				4,300.00	
Infrastructure Capital Reserve	0.62				0.62	
Interchange Maintenance Reserve	0.10				0.10	
Debt Service Reserve Series 2013		$3,954,031.25			3,954,031.25	
Debt Service Reserve Series 2018		551,430.68			551,430.68	
Revenue Series 2013		170.48			170.48	
Interest Series 2018		603.52			603.52	
General Checking Account			$13,125.73		13,125.73	
Acquisition/Construction Series 2013			6,057.25		6,057.25	
Acquisition/Construction Series 2018			8,297.41		8,297.41	
Total Current Assets	$230,350.49	$4,506,235.93	$27,480.39	$0.00	$4,764,066.81	

Investments

Amount Available in Debt Service Funds				$4,506,235.93	$4,506,235.93	
Amount To Be Provided				71,408,764.07	71,408,764.07	
Total Investments	$0.00	$0.00	$0.00	$75,915,000.00	$75,915,000.00	

Total Assets	$230,350.49	$4,506,235.93	$27,480.39	$75,915,000.00	$80,679,066.81

Liabilities and Net Assets

Current Liabilities
Accounts Payable	$26,525.95	$26,525.95
Accounts Payable	$301,217.16	301,217.16
Retainage Payable	552,546.31	552,546.31
Total Current Liabilities	$26,525.95	$0.00	$853,763.47	$0.00	$880,289.42

Long Term Liabilities
Revenue Bonds Payable - Long-Term	$75,915,000.00	$75,915,000.00
Total Long Term Liabilities	$0.00	$0.00	$0.00	$75,915,000.00	$75,915,000.00

Total Liabilities	$26,525.95	$0.00	$853,763.47	$75,915,000.00	$76,795,289.42

Net Assets

Net Assets, Unrestricted	$70,114.13	$70,114.13	
Current Year Net Assets, Unrestricted	556.17	556.17	
Net Assets - General Government	(110,284.93)	(110,284.93)	
Current Year Net Assets - General Government	243,439.17	243,439.17	
Net Assets, Unrestricted	($3,661,454.61)	(3,661,454.61)	
Current Year Net Assets, Unrestricted	93,656.51	93,656.51	
Net Assets - General Government	8,074,034.03		8,074,034.03	
Net Assets, Unrestricted		($22,384,631.35)	(22,384,631.35)	
Net Assets, Unrestricted		(5,635,677.60)	(5,635,677.60)	
Current Year Net Assets, Unrestricted		497,049.71	497,049.71	

Net Assets - General Government	26,696,976.16	26,696,976.16
Total Net Assets	$203,824.54	$4,506,235.93	($826,283.08)	$0.00	$3,883,777.39

Total Liabilities and Net Assets	$230,350.49	$4,506,235.93	--

$27,480.39	$75,915,000.00	$80,679,066.81

   	 

Boggy Creek Improvement District
Budget to Actual
For the Month Ending 12/31/2018

YTD Actual	YTD Budget	YTD Variance	FY 2019
Adopted Budget

Revenues

Off-Roll Assessments	$	406,447.46	$	203,223.69	$	203,223.77	$	812,894.77	
Net Revenues	$	406,447.46	$	203,223.69	$	203,223.77	$	812,894.77	
General & Administrative Ex enses Legislative
Supervisor Fees	$	1,200.00	$	1,200.00	$	$	4,800.00
Financial & Administrative

Public Officials' Liability Insurance	3,250.00	893.75	2,356.25	3,575.00	
Trustee Services	1,571.35	500.00	1,071.35	2,000.00	
Management	9,375.00	9,375.00		37,500.00	
Engineering	1,693.00	2,500.00	(807.00)	10,000.00	
Dissemination Agent		1,250.00	(1,250.00)	5,000.00	
District Counsel	1,449.10	7,500.00	(6,050.90)	30,000.00	
Assessment Administration	7,500.00	1,875.00	5,625.00	7,500.00	
Audit		975.00	(975.00)	3,900.00	
Arbitrage Calculation		300.00	(300.00)	1,200.00	
Travel and Per Diem	27.64	125.00	(97.36)	500.00	
Telephone	6.49	62.50	(56.01)	250.00	
Postage & Shipping	33.69	75.00	(41.31)	300.00	
Copies	268.50	625.00	(356.50)	2,500.00	
Legal Advertising	2,232.72	750.00	1,482.72	3,000.00	
Bank Fees		12.50	(12.50)	50.00	
Miscellaneous	1,671.60	250.00	1,421.60	1,000.00	
Property Taxes	339.11		339.11		
Web Site Maintenance	315.00	312.50	2.50	1,250.00	
Holiday Decorations	802.00		802.00		
Dues,L enses,andFees	175.00	43.75	131.25	175.00	
Total General & Administrative Expenses	$	31,910.20	$	28,625.00	$	3,285.20	$	114,500.00	

Boggy Creek Improvement District
Budget to Actual
For the Month Ending 12/31/2018

YTD Actual	YTD Budget	YTD Variance	FY 2019
Adopted Budget

Field Oi;ierations Exi;ienses Electric Utility Services
Electric	$	397.37	$	500.00	$	(102.63)	$	2,000.00
Entry Lighting	125.00	(125.00)	500.00

Water Reclaimed	7,974.43	8,750.00	(775.57)	35,000.00	

General Insurance	3,687.00	1,012.50	2,674.50	4,050.00	
Property & Casualty	3,322.00	25.00	3,297.00	100.00	
Other Insurance		125.00	(125.00)	500.00	
Irrigation	7,064.96	7,500.00	(435.04)	30,000.00	
Landscaping Maintenance & Material	53,874.00	53,874.00		215,496.00	
Landscape Improvements	1,950.00	11,876.00	(9,926.00)	47,504.00	
Tree Trimming	19,265.65	10,000.00	9,265.65	40,000.00	
Hurricane Cleanup		5,000.00	(5,000.00)	20,000.00	
Contingency		7,500.00	(7,500.00)	30,000.00	
Interchange Maintenance Expenses					
IME -Aquatics Maintenance	814.12	861.25	(47.13)	3,445.00	
IME - Irrigation	9.75	8,125.00	(8,115.25)	32,500.00	
IME - Landscaping	19,918.26	19,918.28	(0.02)	79,673.10	
IME - Lighting	506.87	5,000.00	(4,493.13)	20,000.00	
IME - Miscellaneous	1,142.70		1,142.70		
IME - Water Reclaimed	214.39	812.50	(598.11)	3,250.00	
Road & Street Facilities					
Entry and Wall Maintenance	1,050.00	2,500.00	(1,450.00)	10,000.00	
Streetlights	9,916.32	20,500.00	(10,583.68)	82,000.00	
Parks & Recreation					
Personnel Leasing Agreement	5,000.00	(5,000.00)	20,000.00	
Reserves					
Infrastructure Capital Reserve		5,041.67	(5,041.67)	20,166.67	
Interchange Maintenance Reserve		590.00	(590.00)	2,360.00	
Total Field Operations Expenses	$	131,107.82	$	174,636.19	$	(43,528.37)	$	698,544.77	

Water-Sewer Combination Services Other Physical Environment

Total Expenses	$	163,018.02	$	203,261.19	$	(40,243.17)	$	813,044.77
 	 ---
Income (Loss) from Operations	$	243,429.44	$	(37.50)	$	243,466.94	$	(150.00)

Other Income (Exi;iensel

Interest Income	$	9.73	$	37.50	$	(27.77)	$	150.00	
Total Other Income (Expense)	$	9.73	$	37.50	$	(27.77)	$	150.00	
Net Income (Loss)	$	243,439.17	$	$	243,439.17	$	

Boggy Creek Improvement District
Budget to Actual
For the Month Ending 12/31/2018

Oct-18	Nov-18	Dec-18 I

YTD Actual

$  406,447.46
$  406,447.46

Revenues
Off-Roll Assessments	$   406,447.46	$	$
Net Revenues	$  406,447.46	$	$
General & Administrative Ex1:1enses Legislative
Supervisor Fees	$	400.00	$	400.00	$	400.00	h	1,200.00

Public Officials' Liability Insurance	3,250.00			3,250.00	
Trustee Services	1,571.35			1,571.35	
Management	3,125.00	3,125.00	3,125.00	9,375.00	
Engineering		806.00	887.00	1,693.00	
Dissemination Agent
District Counsel					
Assessment Administration	7,500.00			7,500.00	
Audit					
Arbitrage Calculation					
Travel and Per Diem		9.31	18.33	27.64	
Telephone			6.49	6.49	
Postage & Shipping		13.06	20.63	33.69	
Copies		88.50	180.00	268.50	
Legal Advertising	1,253.86	978.86		2,232.72	
Bank Fees					
Miscellaneous		1,672.95	(1.35)	1,671.60	
Property Taxes		339.11		339.11	
Web Site Maintenance	105.00	105.00	105.00	315.00	
Holiday Decorations			802.00	802.00	
Dues, Licenses, and Fees	175.00			175.00	
Total General & Administrative Expenses	$	17,380.21	$	7,537.79	$	6,992.20	$	31,910.20	

eld O[!erations
Electric Utility Services
Electric	$	$	196.70	$	200.67	I $	397.37
Entry Lighting	
Water-Sewer Combination Services
Water Reclaimed	4,295.18	
3,679.25	I	
7,974.43	

Financial & Administrative

1,449.10    I	1,449.10

Fi

I

Other Physical Environment
General Insurance	3,687.00	3,687.00
Property & Casualty Insurance	49.00	3,273.00	3,322.00
Other Insurance
Irrigation	1,869.00	3,361.50	1,834.46	7,064.96
Landscaping Maintenance & Material	17,958.00	17,958.00	17,958.00	53,874.00
Landscape Improvements	1,950.00	1,950.00
Tree Trimming	14,865.20	4,400.45	19,265.65
Hurricane Cleanup Contingency

Boggy Creek Improvement District
Budget to Actual

YTD Actual

814.12
9.75
19,918.26
506.87
1,142.70
214.39

1,050.00
9,916.32

-

-
-	
$  131,107.82

$   163,018.02	

$  243,429.44

$	9.73	
$	9.73	
$ 243,439.17	

For the Month Ending 12/31/2018

Interchange Maintenance Expenses	Oct-18	Nov-18	Dec-18	
IME - Aquatics Maintenance		542.75	271.37	
IME - Irrigation			9.75	
IME - Landscaping	6,639.42	6,639.42	6,639.42	
IME - Lighting	88.72	236.94	181.21	
IME - Miscellaneous			1,142.70	
IME - Water Reclaimed		86.11	128.28	
Road & Street Facilities				
Entry and Wall Maintenance		1,050.00	
Streetlights	4,791.66	5,124.66	

Parks & Recreation
Personnel Leasing Agreement
Reserves
Infrastructure Capital Reserve Interchange Maintenance Reserve
Total Field Operations Expenses

$	30,291.14	$	58,196.46	$	42,620.22

Total Expenses	$	47,671.35	$	65,734.25	$	49,612.42	
Income (Loss) from Operations	$ 358,776.11	$ (65,734.25)	$ (49,612.42)	

Other Income (Expense)

Interest Income	$	0.90	$	8.83	$	
Total Other Income (Expense)	$	0.90	$	8.83	$	
Net Income (Loss)	$ 358,777.01	$ (65,725.42)	$ (49,612.42)	

Boggy Creek Improvement District Construction Tracking - early January

Amount

Series 2018 Bond Issue
Original Construction Fund - Not To Exceed Additions (Interest, Transfers from DSR, etc.) Cumulative Draws Through Prior Month

$	25,000,000.00
9,983.09
(6,192,156.92)

Construction Funds Available	$	18,817,826.17

Requisitions This Month

Total Requisitions This Month	$
--------------------
Construction Funds Remaining	$	18,817,826.17

Committed Funding
Lake Nona Nemours Parkway West and Lift Station No. 10 - Jon M. Hall Company
Lake Nona Boulevard Traffic Signal Modifications at Tavistock Lakes Boulevard and Veterans Way - Traffic Control De Lake Nona Boulevard Traffic Signal Modifications at Tavistock Lakes Boulevard and Veterans Way- Jon M. Hall Com Nemours Parkway & Lake Nona Boulevard - Traffic Control Devices
Lake Nona Medical City Drive Phase 2 - Bids Due April 6, 2018 Total Committed Funding
(Net Uncommitted

$	(3,571,066.32)
(40,025.00)
(132,054.00)
(99,845.30)

----------
$	(3,842,990.62)
 ----------
14,974,835.551

January 3, 2019

Asof 01/03/2019