Boggy Creek Improvement District
12051 Corporate Boulevard Orlando, FL 32817; Phone: 407-723-5900 www.boggycreekid.org

The following is the proposed agenda for the upcoming Meeting of the Board of Supervisors for the Boggy Creek Improvement District (“District”), scheduled to be held at 3:30 p.m. on Tuesday, July 20, 2021 at Courtyard Orlando Lake Nona, 6955 Tavistock Lakes Blvd, Orlando, FL 32827. A quorum will be confirmed prior to the start of the meeting.

Please use the following information to join via computer or the conference line:

Phone:1-844-621-3956	Computer: pfmgroup.webex.com	Participant Code: 796 580 192#

BOARD OF SUPERVISORS’ MEETING AGENDA

Organizational Matters
Roll Call to Confirm a Quorum
Public Comment Period
Consideration of the Minutes of the June 15, 2021 Board of Supervisors’ Meeting

Business Matters
Consideration of Extending Existing Internal Roadways Landscape and Irrigation Maintenance Services Agreement with Cepra
Consideration of Extending Existing Interchange Landscape and Irrigation Maintenance Services Agreement with Down to Earth
Discussion Regarding Revisions to Engineer’s Report for Capital Improvements for Infrastructure
Consideration of Beep Operations Matters (provided under separate cover)
Consideration of Master Agreement with Beep, Inc.
Consideration of Statement of Work
Consideration of Developer Funding Agreement with Lake Nona Land Company, LLC regarding Beep Services
Consideration of Insurance Quote for Autonomous Electric Vehicles (provided under separate cover)
Consideration of Resolution 2021-07, Approving the Conveyance of Certain Property to Lake Nona Land Company, LLC and Landport Land Holding, Inc. (provided under separate cover)
Ratification of Operation and Maintenance Expenditures Paid in June 2021 in an amount totaling $32,557.82
Ratification of Requisition Nos. 2018-197 – 2018-199 in June 2021 in an amount totaling
$2,383.25
Recommendation of Work Authorizations/Proposed Services (if applicable)
Review of District’s Financial Position and Budget to Actual YTD

Other Business
Staff Reports
District Counsel
District Manager
District Engineer
Landscape Supervisor
Irrigation Supervisor
Construction Supervisor
Supervisor Requests

Adjournment

BOGGY CREEK IMPROVEMENT DISTRICT

Minutes of the June 15, 2021 Board of Supervisors’ Meeting

BOGGY CREEK IMPROVEMENT DISTRICT BOARD OF SUPERVISORS’ MEETING MINUTES

FIRST ORDER OF BUSINESS	Roll Call to Confirm a Quorum

The Board of Supervisors’ Meeting for the Boggy Creek Improvement District was called to order on Tuesday, June 15, 2021, at 3:30 p.m. at Courtyard Orlando Lake Nona, 6955 Tavistock Lakes Blvd, Orlando, FL 32827.

Present:

Richard Levey	Chairperson
Damon Ventura	Vice-Chairperson
Jamie Bennett	Assistant Secretary
Chad Tinetti	Assistant Secretary Also attending:
Jennifer Walden	PFM		
Lynne Mullins	PFM	(via phone)	
Amanda Lane	PFM	(via phone)	
Kevin Plenzler	PFM	(via phone)	
Tucker Mackie	Hopping Green & Sams		
Deborah Sier	Hopping Green & Sams	(via phone)	
Jeff Newton	Donald W. McIntosh Associates, Inc.		
Larry Kaufmann	Construction Supervisor & Construction Committee Member
(via phone)	
Matt McDermott	Construction Committee Member		
Chris Wilson	Construction Committee Member	(joined @ 3:42 p.m.)	
Dan Byrnes	Tavistock Development	(via phone)	

SECOND ORDER OF BUSINESS	Public Comment Period

Dr. Levey asked for any public comments. There were no comments at this time.

THIRD ORDER OF BUSINESS		Consideration of the Minutes of the May 18, 2021, Board of Supervisors’ Meeting

Board Members reviewed the minutes from the May 18, 2021, Board of Supervisors’ Meeting.

On Motion by Mr. Ventura, second by Mr. Tinetti, with all in favor, the Board of Supervisors for the Boggy Creek Improvement District approved the Minutes of the May 18, 2021, Board of Supervisors’ Meeting.

FOURTH ORDER OF BUSINESS		Review and Acceptance of Fiscal Year 2020 Audit

Ms. Walden noted District staff reviewed the audit and provided comments. It was a standard and clean audit. There were no deficiencies in internal controls that would be considered material weaknesses. Mr. Ventura added that he had reviewed it in detail and was good with the audit.

| P a g e 

On Motion by Mr. Ventura, second by Mr. Tinetti, with all in favor, the Board of Supervisors for the Boggy Creek Improvement District accepted the Fiscal Year 2020 Audit.

FIFTH ORDER OF BUSINESS		Request to Advertise an RFQ to Prequalify Contractors for District Infrastructure Projects

Ms. Mackie stated that it has been five years since the District went through the process to pre-qualify contractors to be eligible to bid on District improvement contracts. It was initially a three-year authorization, with the ability for the District to extend for two additional years, which it did. Now at the conclusion of the five years, the Lake Nona sister Districts would like to advertise a request for qualifications to pre-qualify contractors again.

During the prequalification process, the District requests various information that speaks to the contractor’s ability to perform the work, including their personnel, their understanding of the scope, their references, and relevant work experience. The one item that is not requested is pricing. Once contractors are prequalified and the District has a construction project, the District can request bids from its prequalified contractors rather than issuing a request for proposals. Since those contractors are already deemed qualified, the District compares the price and sometimes the timing from those contractors, but does not need to consider other criteria. A lot of efficiencies are realized by utilizing the prequalified contractor process.District staff is requesting the Board authorize staff to advertise the RFQ. Since this is being done in conjunction with the other sister Districts, some economies of scale will be realized. Once the RFQ packages are received, they will be reviewed by the Construction Committee, who will provide their recommendations to the Board.

On Motion by Mr. Ventura, second by Mr. Tinetti, with all in favor, the Board of Supervisors for the Boggy Creek Improvement District authorized District Staff to advertise an RFQ to Prequalify Contractors for District Infrastructure Projects.

SIXTH ORDER OF BUSINESS		Discussion and Consideration of Electric Bus Financing with Truist Bank

Mr. Byrnes discussed the ongoing shuttle program with Beep, who operates the autonomous electric shuttles within Lake Nona. The Developer prefers that the mobility network be operated at some level by the Districts as it will be for public benefit. Discussions are ongoing regarding the routes, how efficient they can make the shuttles, and where they want to take them. Mr. Byrnes, on behalf of the Developer, requested the Boggy Creek District take on ownership and operation of two shuttles. The Developer is willing to provide financial assurance to pay for the shuttles and to revisit the topic later as they better understand the overall impact and benefit to the community.

Ms. Mackie stated a term sheet proposal is being presented from Truist Bank, which provides a favorable financing structure for acquisition of the two shuttles. Bond Counsel has been involved in the financing discussions and it is anticipated that the District will accept the taxable rate. District staff is looking for approval to prepare the documents that would allow the District to close on this transaction and purchase the vehicles. All of the funding for the operation and purchase of the vehicles would come from the Developer initially. This will be reflected in the District’s budget, but it will be a Developer funding obligation. In the future, if this was a viable public transportation system that was expanding, the District could look at an assessment structure that would then support the operation of the Beep improvements. Alternatively, the District could choose to discontinue the shuttle services at that time.

Districts are authorized under Chapter 190 to operate a transit system. The Developer believes that the District is the appropriate party for long-term operation of this system. Dr. Levey asked about other documents that would be provided. Ms. Mackie responded that there would be other documents provided

| P a g e 

at the next meeting, including a Funding Agreement with the Developer. Dr. Levey asked if the Developer would provide a backstop guarantee. Ms. Mackie stated it has not been requested but she can see if there would be. Dr. Levey also requested an amortization schedule for the next meeting. Ms. Mackie noted that she will be requesting a continuation of this meeting to July 7, 2021, which is also when the Organizational Meeting for Midtown ID will take place.

Mr. Byrnes discussed that the shuttles are built by a manufacturer which is not Beep. There are several manufacturers that can be used, and as newer technology becomes available, it provides for more efficient shuttles. Beep provided their financial contract, which provided a three-year term lease, required a significant down payment, and a financing rate of 8%-10%. With Truist, the District would own the shuttle instead of leasing it. Truist would allow the District to finance 100% of the cost of the shuttles over a 60- month amortization at an interest rate below 2%. Mr. Ventura asked if Boggy Creek would be the only District that would be involved in this program. Mr. Byrnes stated that is the current plan, but down the road it would seem a multiple District share agreement would be needed. Ms. Mackie added that it would operate similar to the Interchange, where Boggy Creek would be the main contracting District, and there would be an agreement with the other Districts for their share. Mr. Byrnes believes that, as public transportation via autonomous electric shuttles becomes more widely accepted, the District will end up with more routes, more efficient routes, and more efficient shuttles, which will help drive the cost down.

On Motion by Mr. Tinetti, second by Mr. Ventura, with all in favor, the Board of Supervisors for the Boggy Creek Improvement District authorized District staff to move forward with engaging with Truist Bank to develop a complete loan package and other documentation that would provide for the purchase of two electric shuttles for Boggy Creek ID.

SEVENTH ORDER OF BUSINESS		Ratification of Operation and Maintenance Expenditures Paid in May 2021 in an amount totaling $94,624.12

The Board reviewed the Operation and Maintenance Expenditures Paid in May 2021 in an amount totaling
$94,624.12. These have been approved and just need to be ratified by the Board.

On Motion by Mr. Ventura, second by Mr. Tinetti, with all in favor, the Board of Supervisors for the Boggy Creek Improvement District ratified Operation and Maintenance Expenditures Paid in May 2021 in an amount totaling $94,624.12.

EIGHTH ORDER OF BUSINESS		Ratification	of	Requisition Nos. 2018-191 – 2018-196 in
May	2021	in	an	amount totaling $4,434.50

The Board reviewed Requisition Nos. 2018-191 – 2018-196 in May 2021 in an amount totaling $4,434.50. These have been approved and just need to be ratified by the Board.

On Motion by Mr. Ventura, second by Mr. Tinetti, with all in favor, the Board of Supervisors for the Boggy Creek Improvement District ratified Requisition Nos. 2018-191 – 2018-196 in May 2021 in an amount totaling $4,434.50.

| P a g e 

NINTH ORDER OF BUSINESS	Recommendation	of	Work Authorizations/Proposed Services

There were no Work Authorizations for this District at this time.

TENTH ORDER OF BUSINESS		Review of District’s Financial Position and Budget to Actual YTD

Ms. Walden noted through May 31, 2021, that the District has total expenses of $463,000.00 vs. a budget of $920,500.00. No action is required by the Board.

Dr. Levey asked if there were any areas of concern. Ms. Walden said there were no new items of concern.

Dr. Levey asked about the Interchange Maintenance miscellaneous expenses. Ms. Walden noted that there were a few items that came up such as the need for pressure washing.

ELEVENTH ORDER OF BUSINESS	Staff Reports

District Counsel –	Ms. Mackie explained that the Board will need to continue this meeting in
progress to July 7, 2021, at 2:00 p.m.

District Manager –	No Report

District Engineer –	No Report

Construction Supervisor –         Mr. Kaufmann noted at the last meeting he indicated he would bring some
pricing for the streetlights on Lake Nona Blvd. He talked to Mr. Newton last week about writing a proposal and he suggested the District go directly to OUC so they can do the design and permitting. Mr. Kaufmann is in the process of doing that and hopes to have something back at the next meeting.

District Landscape Supervisor- No Report

Irrigation Supervisor –	No Report

TWELFTH ORDER OF BUSINESS	Supervisor	Requests	and Adjournment

There were no Supervisor requests or audience comments. Dr. Levey requested a motion to continue the meeting.

On Motion by Mr. Tinetti, second by Mr. Ventura, with all in favor, the June 15, 2021, Meeting of the Board of Supervisors for the Boggy Creek Improvement District was continued to July 7, 2021, at 2:00 p.m.

Secretary/Assistant Secretary	Chair/Vice Chair

| P a g e 

Extending Existing Internal Roadways Landscape and Irrigation Maintenance Services Agreement with Cepra

Extending Existing Interchange Landscape and Irrigation Maintenance Services
Agreement with Down to Earth

Revisions to Engineer’s Report for Capital Improvements for Infrastructure

Beep Operations Matters
(provided under separate cover)

Master Agreement with Beep, Inc.
(provided under separate cover)

Statement of Work
(provided under separate cover)

Developer Funding Agreement with Lake Nona Land Company, LLC regarding Beep Services
(provided under separate cover)

Insurance Quote
for Autonomous Electric Vehicles
(provided under separate cover)

Resolution 2021-07, Approving the Conveyance of Certain Property to Lake Nona Land Company, LLC and Landport Land Holding, Inc.
(provided under separate cover)

Operation and Maintenance Expenditures Paid in June 2021 in an amount totaling $32,557.82

BOGGY CREEK IMPROVEMENT DISTRICT
DISTRICT OFFICE ● 12051 CORPORATE BLVD ● ORLANDO, FL 32817 PHONE: (407) 723-5900 ● FAX: (407) 723-5901

Operation and Maintenance Expenditures For Board Approval

Attached please find the check register listing Operations and Maintenance expenditures paid from June 1, 2021 through June 30, 2021. This does not include expenditures previously approved by the Board.

The total items being presented:       $32,557.82

Approval of Expenditures:

 	 Chairman

 	 Vice Chairman

 	 Assistant Secretary

       	Boggy Creek mprovement District

    :  

 : :     

    h  k R       (        by    k)
 h k      :                      

Check o.

Date

Status*

Vendor D	Payee  ame

Amount

BA   D: S    C T   AT O AL BA  

                  

    	        	 	   	                          		       	
    	        	 	     	            b                 		         	
    	        	 	   	   k                  		         	
    	        	 	   	                    		         	
    	        	 	 R    	                		       	
    	        	 	      	        k		         	
    	        	 	     	                 h           		       	
    	        	 	   	                      		         	
					BA S REG STER TOTAL:	$ 9,95 . 5	
					GRA D TOTAL :	$ 9,95 . 5	

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

By Amanda Lane at 8:57 am, Jun 07, 2021

By Amanda Lane at 8:59 am, Jun 07, 2021

By Amanda Lane at 11:58 am, Jun 14, 2021

BOGGY CREEK IMPROVEMENT DISTRICT

Requisition Nos. 2018-197 – 2018-199 in June 2021 in an amount totaling $2,383.25

BOGGY CREEK IMPROVEMENT DISTRICT
DISTRICT OFFICE ● 12051 CORPORATE BLVD ● ORLANDO, FL 32817 PHONE: (407) 723-5900 ● FAX: (407) 723-5901

Requisition Recap For Board Approval

Attached please find the listing of requisitions approved to be paid from bond funds from June 1, 2021 through June 30, 2021. This does not include requisitions previously approved by the Board.

REQUISITION NO.	PAYEE	AMOUNT	
2018-197	Hopping Green & Sams	$862.00	
2018-198	Donald W. McIntosh Associates	$1,250.00	
2018-199	Orlando Sentinel	$271.25	
		$2,383.25	

EHIBITD
8TDDb 9Y<K IUWTa?OQ[ ;GZ[XG9[ W<V_GZG[GTQ BTW U6bOQ[ 7Q;
$01+  QT[= X<V^GZG[HTQ 7Q; 9TRZ[W^:]TQ 69:T_S[

;6[=.	NcÅ$+,$0$ 	W?V_GZG[GTR QT1	$0!+- -*	
U6bA/	F�žžˆš� E¢ll™ & Zc˜¬	6NT`Q[ ;^@2	$+)$.00	
7;;W<ZZ0	  , Z. N�›£�l Zºll®, Z®l. %00
UT8�Ä)($)	FUND:	6i ½‡¬‡®‡�›/9�š¬»i®‡�™	
	[c——c‚c¬¬ll, CM %$ % &			
G[<N/	H™Á�‡il1$$('0  {¢ U¢�†li® :�™¬»i®‡�™ [‚¢�½d‚0&/%0/$0$ 	

[‚l ¾™kl¢¬‡gD.lk ‚l¢lhÅ il¢®‡uŒl¬ ¶c® �h”‡�c¹�œ¬ Š™ µl ¬®c®lk e˜�½œ¯ ¬l® |¢µ ch�Ál ‚fÂl hll™ Š™i½¢¢lk hÅ µl ;‡¬®¢‡i®, ¶c® lci‚ kˆ¬h½¢¬l˜l™® ¬l® {¢¸ ch�Ál ‡¬ c ž¢�žl¢ i‚c¢�l c�c�™¬® µl$0 + 6i ½‡¬‡¹�™ c™k :�™¬»i®‡�™ 6ii�½™°, ¢lw¢l™ilk ch�Ál, µc® lei‚ k‡¬h½¨l˜l™® ¬l® {ª ch�Ál Ãc¬ Ž™i¾¢£lk ‡š i�™™li®‡�™ Ã‡®‚ µl ci¡½ˆ¬‡®‡�™ c™k µl j™¬¼i®ˆ�™ �q µl$0 + U¢��li® (‚l¢l‡™ cl¢ µl "U¢�‘li®") c™k lci‚ ¢lž¢l¬l™²¬ c :�¬® �r µl U§’li®, c™k ‚c¬
™�® ž£lÁ‡�½¬”Å hll™ žcˆk.

\‚l ½™kl¢¬‡�™lk ‚l£lhÅ v¿«l¢ il¢®‡u�l¬ ®‚c® µl¢l ‚c¬ ™�® hll™ y—lk Ã‡µ �¢ ¬l¢Álk ½ž�™ µl ;‡¬®¢Ši® ™�²ˆil
�r c™Å ”‡l™, ¢‡�‚® ®� ”‡l™, �¢ c®®ci‚˜l™® ½ž�™, �¢ i—c‡˜ cxli¹™� µl £ˆ�‚® ®� ¢lil‡Ál žcÅ˜l™® �s, c™Å �r ®‚l ˜�™‡l¬
žcÆch•l ®� ²‚l UcÅll ¬l® {¢²‚ ch�Ál, Ã„‡i‚ ‚e¬ ™�® hll™ ¢l”lglk �¢ Ã‡–• ™�® hl ¢l•lc¬lk ¬‡˜½•®cšl�¾¬•Å Ã‰µ ®‚l
žcÆ˜l™® ‚l¤�t.

[‚l Àškl¢¬‡�™lk ‚l¢lhÅ €l¢ il¢³‡yl¬ ²‚c® ¬½i‚ ¢l ½‡¬‡²‡�™ i�™®cˆ™¬ ™� ‡±l˜ ¢lž¢l¬l™®‡™� žcÅ˜l™® �™ cii�½™® �r c™Å ¢l®cˆ™lk žl¢il™²c�l, Ã…‡i‚ µl ;‡¬®£‡i® ‡¬ c® ®‚l kc®l �r ¬½i‚ il¢¹yic®l l™¹®”lk ®� ¢l²c‡š.

G® ‡¬ ‚l¢lhÅ ¢o¢l¬l™®lk hÅ ·l ½™kl¢¬‡�™lk ²‚c® ®‚l D�Ál¦‡™� 8�kÅ �q µl ;‡¬º‡i® ‚c¬ cžž§Álk µ‡¬
¢p½‡¬‡®‡�™ �¢ ‚e¬ cžž¢�Álk µl ¬žli‡yi i�™ºci® Ã‡±‚ ¢m¬žn® ®� Ã‚‡i‚ k‡¬h½£¬l˜l™®¬ ž¾¢¬Àc™® ®� ®…ˆ¬ ¢l ½‡¬Š®ˆ�™ c¢l k½l cšk ŸcÅch”l.

6®´i‚lk ‚l¢l®� c¢l ž‚�®�i�ž‡l¬ �q µl ‰šÁ�‡il(¬) ~�˜ µl Ál™k�¢ �r ®‚l ž¢�žl¢®Å ci ½‡¢lk �¢ ¬l¢Á‰il¬
¢l™kl¢lk Ã‡¶ ¥­žli® ®� Ã‚‡i‚ k‡¬h¾¢­l˜lš² ‡¬ ‚l¢lhÅ ¢l¡½l¬²lk.

8TDDb 9X==L GPWTa<OQ[ ;GZ\WG9[

8b3	_  	  
:F7JN7Q �¢ aG:> :F7GWN7Q

DISTRICT ENGINEER'S APPROVL FOR PROJECT EXPENDITURES

[‚l ¾™kl¢¬‡�™lk ;‡¬®£Ši® <™�‡™ll¢ ‚l¢lhÅ il¢®‹yl¬ ®‚c® µˆ¬ k‡¬h¾¢¬l˜l™® ‡¬ {¢ c i�¬® �r®‚l$0 +  U£�“n® cšk
Š¬ i�™¬‡¬®l™® Ã‡µ/ (‡) µl cžž–‡ich”l �¢ i�™¬»i®‡�™ i�™ºci®4 (‡‡) µl ž—c™¬ c	žli‡zic®‡�œ¬ }¢ ²‚l ž�£®‡�™ �r ²‚l
$01+  U¢�’li® Ã‡µ £l¬žli® ®� Ã‚‡i‚ ¬½i‚ k‡¬h½¢­l˜l™® ‡¬ hl‰™� ˜ckl5 c™k1  Ç "#)   l £lž�© � È ƒl ;‡¬º‡i® <™�‡™ll¢.

BY:

BCID Se!ie" 2018 Re . 197 - Hopping Green & Sam"	Ma#28,2021	Page 1 of1

By Amanda Lane at 3:53 pm, Jun 01, 2021

EXHIB ITD
3P<<c 4V79 EQUPa7J7NY 5AXYVA4Y V7T^AXAYBPN :PU Q1dOY 1N5
201# NPY8 V8T`XBYBPN 2N5 4PNX1R]4YAPO 144P_NY

51Y8'	GÐ§o 11, 2021	W7T]AXAYAPN NP(	201$Ù1&$	
Q1c77(	5©§ežn b JlF¾©»Š 1»»ªlŽe¾o»	2JP^OZ 5^8+	$1,2!0.00	
255U7XX)	2200 Qj 1Óo§Ðo Nª°È	;]N6,	1l®Ð–»Ž¾Ž©§/4ª§»¾°ÑlÊ©§	
	bŽ§¾o° Qg°�, ;I 32"$%			
 BY7K*	B§Ó©Žlo  11$  }¬° Q°ªØol¾ 2321$	4°oo�  [Š°ªÐ	0!/21/2021	

YŠo Ð§no°»Ž‰on Šo°ok× lo·–ƒo» ¾Še¾ ©kžŽˆeÂŽª§» Ž§ ÂŠo »¾h¾on iªÐ§¾ »o¾ „°ÂŠ ek©Ôo ŠeÔo koo§ •§lÐ°°on k× ÀŠo 5Ž»¾°Žl¾, ÃŠe¾ oelŠ nŽ»kÐ°»o£o§¾ »o¾ „¸ ekªÓo Ž» e ­°ª­o° lŠg°ˆo eˆe“§»¾ Æo 201$ 1l®ÐŽ»Ž¾–©§ e§n 4ª§»ÎlÊ©§ 1llªÒ§¾, °o€°o§lon ekªÔo, ÃŒe¾ oelŠ nŽ»kÐ±»o£o§¾ »o¾ „¶Š ekªÓo Õe» �§lÒ²°on Ž§ l©§§ol¾Ž©§ ÕŽ¾Š ¾Šo el¯ÐŽ»Ž¾Ž©§ e§n ÀŠo lª§»ÍÐl¾–ª§ ©x Æo 201$ Q°©˜ol¾ (Šo°o�§ e|¾r° Æo "R°©™ol¾") e§n oelŠ °o­°o»o§¾» e 4©»¾ ªx ÃŠo S©šol¾, e§n Še»
§ª¾ ­°oÓ“ªÒ»Ÿ× koo§ ­eŽn.

YŠo Ð§no°»Ž‰on Šo°ok× ‡o° lo°¾Ž’o» Æe¾ Æo°o Še» §ª¾ koo§ ‚žon ÕŽ¾Š ª° »oºon Ð­ª§ ÂŠo 5Ž»Ã°Žl¾ §ªÊlo ªx e§× ŸŽo§, °ŽˆŠ¾ ¾ª ŸŽr§, ª° e¾Âel�£o§¾ Ð­©§, ©° l eŽ¥ e}~ol¾Ž§ˆ ¾Šo ³ˆŠ¾ ¾ª °oloŽÔo ­e×¥o§¾ ©y, e§× ©x ÂŠo £ª§Žo»
­e×ek o ¾ª Çp Qe×oo »o¾ „¹ ekªÓo, ÕŠ�m‹ Šg» §©¾ koo§ °ožqg»o0«°-Ö�‘¢ §©¾ ko  °oŸoe»on »�¦Ð¡Å¨vÐ»Ÿ× ÕŽÆ ¾Šo
­e×¥o§¾ Šo°o©x.

ZŠo Ð§no°»Žˆ§on Šo°ok× †¿Šo° lo°ÂŽ�o» ¾Še¾ »ÐlŠ °o®ÐŽ»ŽÂŽª§ lª§¾eŽ§» §ª Ž¾o£ °w°o»o§¾Ž§ˆ ­e×£t¾ ©§ ell©Ð§¿ ªxe§× °o¾eŽ§s ­r°lo§¾eˆo, ÕŒŽlŠ ÀŠo 5Ž»¾°Žl¾ Ž» e¾ ÂŠo ne¾o ªx »ÐlŠ lo°ÂŽ’le¾o o§¾Ž¾Ÿon ¾ª °o¾eŽ§.

C¾ Ž» Šo°ok× °w°o»o§¾on k× Æo Ð§no°»Žˆ§on ¾Še¾ ÀŠo <©Ôo´§ˆ 3©n× ªx ÀŠo 5Ž»¾°Žl¾ Še» e­­±©Óon É“»
°o®ÐŽ»Ž¾Ž©§ ª° Še» e­­°©Ôon Æo »­olŽƒl lª§Ìel¾ ÕŽÀŠ °r»­ol¾ ¾© ÕŠŽlŠ nŽ»kÐ°»o£o§¾» ­Ð°»Ðe§¾ ¾ª ¾ŠŽ» ±o®ÐŽ»Ž¾Ž©§ e°o nÐo e§n ­e×ekŸo.

2¾ÂelŠon Šo°o¾ª e°o ­Š©¾ªl©­Žo» ©x Æo Ž§ÔªŽlo(¼) …ª£ ¾Šo Ôo§n©° ©z ¾Šo ­°©­o°Ï el®ÐŽ°on ª° »o°ÔŽlo»
°o§no°on ÕŽÂŠ °o½ol¾ ¾© ÕŠ”lŠ nŽ»kÐ°»r£o§¾ Ž» Šo°ok× °o®Ðo»¾on.

3P=>c 4U77H AMUPa7LNY 5DX\C4Y

3c -

_	_     

_

4?1CU—2N ¤ aA48 4@

DISTRICT ENGINEER'S APPROVAL FOR PROJECT EXPENDITURES
YŠo Ð§nr°»Žˆ§on 5Ž»¾°–l¾ 8§ˆŽ§oo° Šo°ok× lo°ÂŽƒo» ÀŠe¾ ¾ŠŽ» nŽ»kÒ²»o£o§¾ Ž» „° e lª»¾ ª{ ÂŠo 201$ Qµ›ol¾ g§n
Ž» l©§»Ž»¾o§¾ ÕŽÆ*  (Ž) ¾Šo e­­ŸŽlekŸo ©° l©§»ÍÐl¾Žª§ lª§Ä°el¾. (ŽŽ) ¾Šo ­Ÿ	§n »­olŽƒl ÁŽ©§» „° ¾Šo ­ª°Ë©§ ©x ÀŠo 201$ Q°©œol¾ ÕŽÆ °o»­ol¾ ¾© ÕŠŽlŠ »ÐlŠ nŽ»kÐ°»o£uÀ Ž» koŽ§ˆ £eno/ f   , (ŽŽ   ¾Šo   ­ª   ªx ¾Šo 5Ž»Ì–l¾ 7§ˆ“§rr°.

BCID Se(!e) 2018 Re'. 198-D&$a"d W Mcln+%) A))%c!a,e*	J.e 11, 2021	Page# %f-

By Amanda Lane at 8:57 am, Jun 15, 2021

6M>>a 7Q::F DNPM_:IKT 9BSTPB7T P;O\BSBTBMK <MP N2bIKT 2L9
!01* KMY Q;O\CSBUBMK 59 7MKSUP[7TBMK 277M^KT

92Z,	E½—u 11, !0!1	P;O]BSBTBMK KM,	!01*-1++	
N2a::,	M¢’msœ Su—´�—u’	3HM[LW 9[:.	$!(1.!&	
49Q:SS-	NM 6œÄ 100'0*	=[K9-	2rž½Œ°Œ´Œœ›7œ—°³¯r´Œœ˜	
	2´’i—³i, >2 "0#*%-0'0*			
BW:H-	B˜ÁœŒru $)1'!%!+000 ƒ¢ Pu~¢u—ru MS7#)1'!%!+ (2t #'+&%!1+) ƒ¢ 7œš°»r´Œœ˜ Guˆi’	
	2sÁu®°Œ˜ˆ œz E½˜u 7œ˜°³¢½r´Œœ— 7œ••Œ´´uu HuuµŽ—ˆ° (S�’Œ´ <œ½¢ `jÅ°. `Œ’’ 6u PuŽ•q½¢°ut	
	<¢œ• >B9.1 H892 N:)	

U‰u ½—ty°Œgnus ‰u¢uqÅ ru«Œ€u° ¸j´ œq’Œˆj´Œœ˜° Œ˜ ¸u °´i´us i•œ½—´ °u´ ƒ¢´‰ iqœÁu ‰iÁu quu— Œ—r½¥¢us qÅ
¸u 9Œ°º�r´, ¸i´ uir‰ tŒ°q½¢°u•w´ °u´ „¢¸ jqœÁu Œ° i �¢œ�u¢ r‰oˆu iˆiŽ—°´ ¸u !01* 2rŸ½Œ°ŒµŒœ˜ i—s 7œ˜°³¢¾r´Œœ— 2rrœ¿š´, £u~¢u˜rus iqœÁu, ´‰i´ uir‰ tŒ°q½¢°u•w³ °u´ ƒ­ iqœÁu Âj° Œ˜r½¢¢us Ž— rœ˜˜ur´Œœ— Â�¸ ´‰u irž½Œ°Œ´Œœ˜ ms ³‰u rœ˜°»r´Œœ— œ{ ¸u !01* N¢œ�ur´ (‰u¢uŒ— i†u¢ ´‰u "N¢œ‘ur´") j—s ujr‰ ¢u�£u°u—¼ i 7œ°´ œ{´Šu N¢œ�ur´, i—t ‰i°
˜œ´ �¢uÁŒœ½°’Å quu˜ �jŒs.

UŠu ÀtuªŒgnus ‰u¢uqÅ ‡¢´‰u£ ru«Œ�u° ´‰i´ ¸u¢u ‰i° ˜œ´ quu— �’us Â�µ‰ œ¢ °u¢Áus ½�œ˜ ³‰u 9Œ°µ¢Œr´ ˜œ´Œru
œ{ i—Å ’Œu—, ¢Œˆ‰´ µœ “Œv—. œ£ iµ´jr‰•u—´ ½�œ—, œ¢ r“jŒ• jur´Œ—ˆ ³‰u ¢Œˆ‰´ ´œ §ruŒÁu �iÇ•u—´ œ|, i—Å œ{ ¸u •œ—Œu°
�iÅjq“u ¹ ³‰u NiÅuu °u´ ƒ«‰ iqœÁu, Â‰Œr‰ ‰l± —œ´ quu— ¢u’uj°us œ¢ ÂŒ’’ —œ´ qu §’ui°ut °Œ•½’´i—uœ½°’Å ÂŒ´‰ ³‰u
�jÇ•u˜´ ‰u¢uœ}

U‰u ½—tu¢°Œgnus  ‰u¢uqÅ  ‡¢´Šu¢  ru¢µ�‚u° ´‰i´ °½rŠ ¢už½Œ°Œ´Œœ˜  rœ—´jŒ—° —œ  Œ´u• £u�¢u°u—´Œ—ˆ �jÅ•u˜´  œ˜ jrrœ½š³ œ{ i—Å ¢u´iŒ—us �yru˜´iˆu, Â‹r‰ µ‰u 9Œ°´¢Œr´ Œ± i´ ³‰u sj³u œz °½r‰ ru¢´��ri´u u—´Œ´’ut ´œ ¢u´i�—.

B´  Œ°  Šu¢uqÅ  £x£u°u˜´ut  qÅ  ´‰u ½—tu¢°Œgnus  ´‰i³  ³‰u  >œÁu©Œ—ˆ  6œtÅ œz ¸u 9Œ°´¢Œr´  ‰i°  i��¤œÁut  ´‰Œ°
¢už½Œ°Œ³Œœ˜ œ£ ‰i° i��¢œÁus ´Šu °�urŒ�r rœ—´¢ir´ ÂŒ³‰ ¢u°�ur´ ´œ Â‰Œr‰ sŒ°q½¢°u•u—´° �½ª¾i™³ ´œ ´‰Œ° £uŸ½Œ°ŒµŒœ— i¢u
t½u j—t �piq’u.

2·´ir‰ut Šu¢u´œ  i¢u  �‰œ´œrœ�Œu°  œ{ ¸u Ž—ÁœŒru(°)  …œ– ´Šu  Áu˜tœ¢ œz ³‰u �¢œ�u¢´Å ir ½Œ¢ut œ¢ °u¢Á�ru°
¢u—tu¢ut ÂŒ¸ £u²ur´ ´œ ÂŠ�r‰ tŒ°q½¢±u•u˜´ Œ° ‰u¢uqÅ ¢už½u°³ut.

6M?>a 7P::F BJPM_:IKV 9BSXRC7U

cccccd

6a-c	eefcg 7A œ¢ _B7: 7@K

DISTRICT ENGINEER'S APPROVAL FOR PROJECT EXPENDITURES

T‰u ½˜su¢°Œgnut 9Œ°´¢Œr´ :˜ˆŒ—uu¢ Šu¢uqÆ ru¬Œ�u° ³‰i´ ³‰Œ° sŒ°q½¦°u•u—´ Œ° ƒ¢ jh¡É°´ œ{´‰u !01* N¢œ�ur´ nt
Œ° rœ—°Œ°´u˜¶ ÂŽ¸/   (Œ) ¶‰u k��”Œrjq’u œ¢ rœ˜°º¾r´Œœ˜ rœ˜ºir´0 (ŒŒ) ¸u �“i—°	°�urŒ�ri´Œœ—° ƒ¢ ´‰u �œ«Žœ˜ œ{ µ‰u
!01* N¢œ�ur´ ÂŒ¸ ¢u°�ur´ ´œ ÃŒr‰ °½r‰ tŒ°q½¢°u•w´ Œ° quŒ˜ˆ •isu1 i—s,  È  )    u ¢u�œ   œ  ´Šu 9Œ°´¨r´ ;—ˆŒ˜uu¢.

 BY	:       

BCID Se#e$ 2018 Re". 199-0rland! Sen%nel	J& e 11, 2021	Page 1 !f1

By Amanda Lane at 8:57 am, Jun 15, 2021

Work Authorizations/Proposed Services
(if applicable)

District’s Financial Position and Budget to Actual YTD

Statement of Financial Position As of 6/30/2021

General	Debt Service	Capital Projects	General Long-
Term Debt

Total

Assets

Current Assets
General Checking Account	$580,570.40								$580,570.40	
State Board of Administration	1,300.08								1,300.08	
Due From Other Governmental Units	15,401.58								15,401.58	
Prepaid Expenses	1,728.49								1,728.49	
Deposits	4,550.00								4,550.00	
Infrastructure Capital Reserve	40,383.29								40,383.29	
Interchange Maintenance Reserve	4,723.53								4,723.53	
Debt Service Reserve Series 2013			$3,951,512.50						3,951,512.50	
Debt Service Reserve Series 2018			1,127,733.15						1,127,733.15	
Revenue Series 2013			2.64						2.64	
Interest Series 2018			5,239.98						5,239.98	
General Checking Account					$13,130.75				13,130.75	
Acquisition/Construction Series 2013					21,444.73				21,444.73	
Acquisition/Construction Series 2018					203.44				203.44	
Due From Other Governmental Units					203.44				203.44	
Total Current Assets	$648,657.37		$5,084,488.27		$34,982.36		$0.00		$5,768,128.00	

Investments
Amount Available in Debt Service Funds							

$5,084,488.27		

$5,084,488.27	
Amount To Be Provided							41,475,511.73		41,475,511.73	
Total Investments	$0.00		$0.00		$0.00		$46,560,000.00		$46,560,000.00	
Total Assets	$648,657.37		$5,084,488.27		$34,982.36		$46,560,000.00		$52,328,128.00	

Liabilities and Net Assets

Current Liabilities
Accounts Payable
Total Current Liabilities

Long Term Liabilities

$54,458.55	$54,458.55

$54,458.55	$0.00	$0.00	$0.00	$54,458.55

Revenue Bonds Payable - Long-Term							$46,560,000.00		$46,560,000.00	
Total Long Term Liabilities	$0.00		$0.00		$0.00		$46,560,000.00		$46,560,000.00	
Total Liabilities	$54,458.55		$0.00		$0.00		$46,560,000.00		$46,614,458.55	

Net Assets
Net Assets, Unrestricted	

$70,670.30								

$70,670.30	
Net Assets - General Government	121,651.11								121,651.11	
Current Year Net Assets - General Government	401,877.41								401,877.41	
Net Assets, Unrestricted			($1,841,561.71)						(1,841,561.71)	
Current Year Net Assets, Unrestricted			(1,147,984.05)						(1,147,984.05)	
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					(5,078,818.54)				(5,078,818.54)	
Current Year Net Assets, Unrestricted					801,456.09				801,456.09	
Net Assets - General Government					26,696,976.16				26,696,976.16	
Total Net Assets	$594,198.82		$5,084,488.27		$34,982.36		$0.00		$5,713,669.45	
										
Total Liabilities and Net Assets	$648,657.37		$5,084,488.27		$34,982.36		$46,560,000.00		$52,328,128.00	
Page 1 of 1

General	Debt Service	Capital Projects	General Long-
Term Debt

Total

Revenues

Off-Roll Assessments	$920,455.63								$920,455.63	
Developer Contributions	6,815.64								6,815.64	
Other Income & Other Financing Sources	0.28								0.28	
Other Assessments			$2,717,989.21						2,717,989.21	
Inter-Fund Group Transfers In			(147.58)						(147.58)	
Debt Proceeds			703,037.79						703,037.79	
Inter-Fund Transfers In					$147.58				147.58	
Debt Proceeds					816,966.89				816,966.89	
Total Revenues	$927,271.55		$3,420,879.42		$817,114.47		$0.00		$5,165,265.44	

Expenses

Supervisor Fees	$2,800.00	$2,800.00	
Public Officials' Liability Insurance	3,498.00	3,498.00	
Trustee Services	7,577.79	7,577.79	
Management	28,333.33	28,333.33	
Engineering	3,954.50	3,954.50	
Dissemination Agent	3,750.00	3,750.00	
District Counsel	19,133.87	19,133.87	
Assessment Administration	7,500.00	7,500.00	
Audit	3,775.00	3,775.00	
Travel and Per Diem	78.91	78.91	
Postage & Shipping	191.11	191.11	
Legal Advertising	3,438.78	3,438.78	
Miscellaneous	177.57	177.57	
Web Site Maintenance	1,725.00	1,725.00	
Holiday Decorations	300.00	300.00	
Dues, Licenses, and Fees	175.00	175.00	
Electric	3,161.34	3,161.34	
Water Reclaimed	22,958.92	22,958.92	
General Insurance	3,968.00	3,968.00	
Property & Casualty	3,761.00	3,761.00	
Irrigation Parts	36,386.38	36,386.38	
Landscaping Maintenance & Material	194,955.44	194,955.44	
Landscape Improvements	8,570.00	8,570.00	
Tree Trimming	150.00	150.00	
Contingency	18,843.92	18,843.92	

Page 1 of 2

	Term Debt		
IME - Aquatics Maintenance	2,442.33								2,442.33	
IME - Irrigation	1,792.74								1,792.74	
IME - Landscaping	60,825.81								60,825.81	
IME - Lighting	514.57								514.57	
IME - Miscellaneous	3,747.46								3,747.46	
IME - Water Reclaimed	357.23								357.23	
Pest Control	1,510.00								1,510.00	
Entry and Wall Maintenance	137.21								137.21	
Streetlights	47,979.91								47,979.91	
Personnel Leasing Agreement	27,000.09								27,000.09	
Principal Payments (Series 2013)			$1,525,000.00						1,525,000.00	
Interest Payments (Series 2013)			2,743,917.78						2,743,917.78	
Interest Payments (Series 2018)			301,875.93						301,875.93	
Engineering					$9,928.75				9,928.75	
District Counsel					4,951.50				4,951.50	
Legal Advertising					780.32				780.32	
Total Expenses	$525,471.21		$4,570,793.71		$15,660.57		$0.00		$5,111,925.49	

General	Debt Service	Capital Projects	General Long-

Total

Other Revenues (Expenses) & Gains (Losses)

Interest Income	$77.07								$77.07	
Interest Income			$1,930.24						1,930.24	
Interest Income					$2.19				2.19	
Total Other Revenues (Expenses) & Gains (Losses)	$77.07		$1,930.24		$2.19		$0.00		$2,009.50	
Change In Net Assets	$401,877.41		($1,147,984.05)		$801,456.09		$0.00		$55,349.45	

Net Assets At Beginning Of Year	
$192,321.41		
$6,232,472.32		
($766,473.73)		
$0.00		
$5,658,320.00	

Net Assets At End Of Year	

$594,198.82		

$5,084,488.27		

$34,982.36		

$0.00		

$5,713,669.45	

Page 2 of 2

Actual	Budget	Variance	FY 2021
Adopted Budget

Percentage Variance

Revenues

Off-Roll Assessments	$	920,455.63	$     690,341.58	$     230,114.05	$     920,455.44	100.00%	
Developer Contributions	6,815.64	-	6,815.64	-		
Other Income & Other Financing Sources	0.28	-	0.28	-		
Net Revenues	$	927,271.55	$     690,341.58	$     236,929.97	$     920,455.44	100.74%	

Supervisor Fees	$	2,800.00	$	5,400.00	$	(2,600.00)	$	7,200.00	38.89%	
nancial & Administrative
Public Officials' Liability Insurance	3,498.00	2,756.25	741.75	3,675.00	95.18%	
Trustee Services	7,577.79	5,250.00	2,327.79	7,000.00	108.25%	
Management	28,333.33	28,125.00	208.33	37,500.00	75.56%	
Engineering	3,954.50	8,625.00	(4,670.50)	11,500.00	34.39%	
Dissemination Agent	3,750.00	3,750.00	-	5,000.00	75.00%	
District Counsel	19,133.87	22,500.00	(3,366.13)	30,000.00	63.78%	
Assessment Administration	7,500.00	5,625.00	1,875.00	7,500.00	100.00%	
Reamortization Schedules	-	187.50	(187.50)	250.00	0.00%	
Audit	3,775.00	3,750.00	25.00	5,000.00	75.50%	
Arbitrage Calculation	-	900.00	(900.00)	1,200.00	0.00%	
Travel and Per Diem	78.91	225.00	(146.09)	300.00	26.30%	
Telephone	-	37.50	(37.50)	50.00	0.00%	
Postage & Shipping	191.11	375.00	(183.89)	500.00	38.22%	
Copies	-	1,500.00	(1,500.00)	2,000.00	0.00%	
Legal Advertising	3,438.78	7,125.00	(3,686.22)	9,500.00	36.20%	
Miscellaneous	177.57	4,125.00	(3,947.43)	5,500.00	3.23%	
Property Taxes	-	112.50	(112.50)	150.00	0.00%	
Web Site Maintenance	1,725.00	2,025.00	(300.00)	2,700.00	63.89%	
Holiday Decorations	300.00	4,500.00	(4,200.00)	6,000.00	5.00%	
Dues, Licenses, and Fees	175.00	131.23	43.77	175.00	100.00%	
Total General & Administrative Expenses	$	86,408.86	$     107,024.98	$	(20,616.12)	$     142,700.00	60.55%	

General & Administrative Expenses Legislative

Fi

Page 1 of 2

Actual	Budget	Variance	FY 2021
Adopted Budget

Percentage Variance

Field Operations Expenses
Electric Utility Services						
Electric	$	3,161.34	$	3,375.00	$	(213.66)	$	4,500.00	70.25%	
Entry Lighting	-	375.00	(375.00)	500.00	0.00%	
Water-Sewer Combination Services
Water Reclaimed	
22,958.92	
26,250.00	
(3,291.08)	
35,000.00	
65.60%	
Other Physical Environment
General Insurance	
3,968.00	
3,131.25	
836.75	
4,175.00	
95.04%	
Property & Casualty	3,761.00	2,831.25	929.75	3,775.00	99.63%	
Other Insurance	-	75.00	(75.00)	100.00	0.00%	
Irrigation Repairs	36,386.38	30,000.00	6,386.38	40,000.00	90.97%	
Landscaping Maintenance & Material	194,955.44	197,131.50	(2,176.06)	262,842.00	74.17%	
Landscape Improvements	8,570.00	48,750.00	(40,180.00)	65,000.00	13.18%	
Tree Trimming	150.00	30,000.00	(29,850.00)	40,000.00	0.38%	
Contingency	18,843.92	23,521.12	(4,677.20)	31,361.47	60.09%	
Pest Control	1,510.00	2,265.00	(755.00)	3,020.00	50.00%	
Hurricane Cleanup	-	15,000.00	(15,000.00)	20,000.00	0.00%	
Interchange Maintenance Expenses
IME - Aquatics Maintenance	
2,442.33	
2,583.75	
(141.42)	
3,445.00	
70.89%	
IME - Irrigation Repair	1,792.74	7,312.50	(5,519.76)	9,750.00	18.39%	
IME - Landscaping	60,825.81	59,086.95	1,738.86	78,782.60	77.21%	
IME - Lighting	514.57	1,218.75	(704.18)	1,625.00	31.67%	
IME - Miscellaneous	3,747.46	1,218.75	2,528.71	1,625.00	230.61%	
IME - Water Reclaimed	357.23	1,828.13	(1,470.90)	2,437.50	14.66%	
Road & Street Facilities
Entry and Wall Maintenance	
137.21	
11,250.00	
(11,112.79)	
15,000.00	
0.91%	
Streetlights	47,979.91	72,292.65	(24,312.74)	96,390.20	49.78%	
Parks & Recreation
Personnel Leasing Agreement	
27,000.09	
27,000.00	
0.09	
36,000.00	
75.00%	
Reserves
Infrastructure Capital Reserve	
-	
15,125.00	
(15,125.00)	
20,166.67	
0.00%	
Interchange Maintenance Reserve	-	1,770.00	(1,770.00)	2,360.00	0.00%	
Total Field Operations Expenses	$	439,062.35	$     583,391.60	$   (144,329.25)	$     777,855.44	56.45%	

Total Expenses	
$	525,471.21	
$     690,416.58	
$   (164,945.37)	
$     920,555.44	
57.08%	

Income (Loss) from Operations	
$	401,800.34	
$	(75.00)	
$     401,875.34	
$	(100.00)		

Other Income (Expense)
Interest Income	

$	77.07	

$	75.00	

$	2.07	

$	100.00	

77.07%	
Total Other Income (Expense)	$	77.07	$	75.00	$	2.07	$	100.00	77.07%	
Net Income (Loss)	$	401,877.41	$	-	$     401,877.41	$	-		

Page 2 of 2

YTD Actual

$   920,455.63
6,815.64
0.28	
$    927,271.55

$	2,800.00

3,498.00
7,577.79
28,333.33
3,954.50
3,750.00
19,133.87
7,500.00
- 3,775.00
- 78.91
- 191.11
- 3,438.78
177.57
- 1,725.00
300.00
175.00	
$	86,408.86

$	3,161.34
-

22,958.92	

Oct-20	Nov-20	Dec-20	Jan-21	Feb-21	Mar-21	Apr-21	May-21	Jun-21

Revenues

Off-Roll Assessments	$	-	$	-	$ 450,987.27	$	50,535.56	$   35,999.74	$	443.57	$ 212,214.90	$ 170,274.59	$	-	
Developer Contributions	-	-	1,494.50	-	725.00	4,449.50	146.64	-	-	
Other Income & Other Financing Sources		-		-		-			-			-			-		-		0.28		-	
Net Revenues	$	-		$	-		$ 452,481.77		$	50,535.56		$	36,724.74		$	4,893.07		$ 212,361.54		$ 170,274.87		$	-	

Supervisor Fees	$	400.00	$	200.00	$	-	$	400.00	$	400.00	$	400.00	$	400.00	$	400.00	$	200.00	

Public Officials' Liability Insurance	3,498.00	
-	
-	-	
-	
-	
-	
-	
-	
Trustee Services	6,343.15	-	-	-	-	-	-	-	1,234.64	
Management	3,125.00	3,125.00	3,125.00	3,125.00	3,125.00	3,125.00	3,125.00	3,125.00	3,333.33	
Engineering	-	750.00	187.50	125.00	750.00	312.50	500.00	571.00	758.50	
Dissemination Agent	-	-	-	1,250.00	-	1,250.00	-	-	1,250.00	
District Counsel	-	-	4,563.00	2,709.50	1,710.30	2,855.64	1,791.46	5,503.97	-	
Assessment Administration	7,500.00	-	-	-	-	-	-	-	-	
Reamortization Schedules	-	-	-	-	-	-	-	-	-	
Audit	-	-	-	-	-	-	-	-	3,775.00	
Arbitrage Calculation	-		-		-		-		-		-		-		-		-	
Travel and Per Diem	-		-		18.29		-		6.90		-		17.17		29.08		7.47	
Telephone	-		-		-		-		-		-		-		-		-	
Postage & Shipping	-		35.12		12.48		14.52		14.85		13.08		25.43		35.52		40.11	
Copies	-		-		-		-		-		-		-		-		-	
Legal Advertising	1,105.02		361.26		-		342.50		346.25		-		688.75		297.50		297.50	
Miscellaneous	-		-		40.16		-		-		-		97.25		40.16		-	
Property Taxes	-		-		-		-		-		-		-		-		-	
Web Site Maintenance	125.00		125.00		125.00		425.00		125.00		125.00		425.00		125.00		125.00	
Holiday Decorations	300.00		-		-		-		-		-		-		-		-	
Dues, Licenses, and Fees	175.00		-		-		-		-		-		-		-		-	
Total General & Administrative Expenses	$   22,571.17		$	4,596.38		$	8,071.43		$	8,391.52		$	6,478.30		$	8,081.22		$	7,070.06		$   10,127.23		$   11,021.55	

General & Administrative Expenses Legislative

Financial & Administrative

Field Operations
Electric Utility Services
Electric	$	-	$	371.46	$	375.99	$	400.42	$	380.66	$	377.37	$	427.35	$	420.71	$	407.38	
Entry Lighting	-	-	-	-	-	-	-	-	-	
Water-Sewer Combination Services
Water Reclaimed	
-	
1,984.19	
1,772.44	
3,111.22	
2,289.42	
1,500.88	
2,928.69	
4,121.88	
5,250.20	

Page 1 of 2

YTD Actual

3,968.00
3,761.00
- 36,386.38
194,955.44
8,570.00
150.00
18,843.92
1,510.00
-

2,442.33
1,792.74
60,825.81
514.57
3,747.46
357.23

137.21
47,979.91

27,000.09

-
-	
$    439,062.35

$    525,471.21	

$    401,800.34

$	77.07	
$	77.07	
$    401,877.41	

Oct-20	Nov-20	Dec-20	Jan-21	Feb-21	Mar-21	Apr-21	May-21	Jun-21

ther Physical Environment
General Insurance	3,968.00	-	-	-	-	-	-	-	-	
Property & Casualty Insurance	3,761.00	-	-	-	-	-	-	-	-	
Other Insurance	-	-	-	-	-	-	-	-	-	
Irrigation Repairs	2,800.96	5,767.06	4,141.56	5,719.40	5,422.00	6,150.00	3,528.40	-	2,857.0	
Landscaping Maintenance & Material	21,391.81	21,391.81	21,391.81	21,391.81	21,877.64	21,877.64	(39.49)	43,794.77	21,877.6	
Landscape Improvements	-	4,445.00	-	-	-	-	-	-	4,125.0	
Tree Trimming	-	150.00	-	-	-	-	-	-	-	

O

0
4
0

Contingency	-	-	9,975.00	619.00	2,824.00	-	-	5,425.92	-

-	-	-	-	-	-	-	-	-	

271.37	
271.37	
271.37	
271.37	
271.37	
271.37	
271.37	
271.37	
271.37	
-	97.91	298.74	318.50	213.93	-	356.31	107.60	399.75	
	
-	59.81	61.23	68.05	59.09	59.30	97.27	56.22	53.60	
	
-	27.81	35.21	22.65	37.00	27.81	57.63	42.60	106.52	

-	
137.21	
-	
-	
-	
-	
-	
-	
-	
-	5,167.46	5,315.97	5,207.64	6,456.95	6,457.75	6,458.30	6,458.30	6,457.54	

Pest Control	-	-	-	-	-	1,510.00	-	-	- Hurricane Cleanup
Interchange Maintenance Expenses
IME - Aquatics Maintenance IME - Irrigation
IME - Landscaping	6,565.22	6,565.22	-	13,130.44	6,630.22	-	14,804.07	6,565.32	6,565.32
IME - Lighting
IME - Miscellaneous	1,170.00	-	1,560.00	196.62	307.35	99.12	414.37	-	-
IME - Water Reclaimed
Road & Street Facilities
Entry and Wall Maintenance Streetlights
Parks & Recreation
Personnel Leasing Agreement	3,000.01	3,000.01	3,000.01	3,000.01	3,000.01	3,000.01	3,000.01	3,000.01	3,000.01
Reserves
Infrastructure Capital Reserve	-	-	-	-	-	-	-	-	-
Interchange Maintenance Reserve	-	-	-	-	-	-	-	-	-

$   42,928.37		$   49,436.32		$   48,199.33		$	53,457.13		$   49,769.64		$   41,331.25		$   32,304.28		$   70,264.70		$   51,371.33	

   $   65,499.54  		
   $   54,032.70  		
   $   56,270.76  		
  $	61,848.65  		
  $   56,247.94  		
  $   49,412.47  		
  $   39,374.34  		
   $   80,391.93  		
  $   62,392.88  	

Total Field Operations Expenses

$	5.31		$	4.71		$	8.98		$	8.75		$	8.20		$	9.22		$	9.97		$	9.87		$	12.06	
$	5.31		$	4.71		$	8.98		$	8.75		$	8.20		$	9.22		$	9.97		$	9.87		$	12.06	

Total Expenses

Income (Loss) from Operations Other Income (Expense)
Interest Income
Total Other Income (Expense)

Net Income (Loss)

$   (65,499.54)

$   (65,494.23)

$   (54,032.70)

$   (54,027.99)

$ 396,211.01

$ 396,219.99

$     (11,313.09)

$     (11,304.34)

$ (19,523.20)

$ (19,515.00)

$ (44,519.40)

$ (44,510.18)

$ 172,987.20

$ 172,997.17

$    89,882.94

$    89,892.81

$ (62,392.88)

$ (62,380.82)

        

Page 2 of 2

Boggy Creek Improvement District Cash Flow

FY 2020 Inflows	FY 2020 Outflows	FY 2021 Inflows	FY 2021 Outflows	End. Cash	

15,251.97	
(9,123.49)	
1.46	
(56,312.94)	
62,257.84	
213.06	(1,689.50)	16,669.40	(26,119.08)	51,331.72	
1,058.00	-	467,110.80	(88,102.52)	431,398.00	
-	-	55,204.60	(97,740.10)	388,862.50	
-	-	65,861.78	(75,068.08)	379,656.20	
-	-	20,554.08	(58,309.73)	341,900.55	
-	-	213,357.75	(68,399.68)	486,858.62	
-	-	206,218.12	(94,624.12)	598,452.62	
-	-	14,675.60	(32,557.82)	580,570.40	
-	-	-	(117,268.15)	463,302.25 as of 07/15/2021	

Beg. Cash

10/1/2020	112,440.84	
11/1/2020	62,257.84	
12/1/2020	51,331.72	
1/1/2021	431,398.00	
2/1/2021	388,862.50	
3/1/2021	379,656.20	
4/1/2021	341,900.55	
5/1/2021	486,858.62	
6/1/2021	598,452.62	
7/1/2021	580,570.40	

Totals	 	1,197,023.69	(1,011,369.87)	1,059,653.59	(733,229.22)

Boggy Creek Improvement District Construction Tracking - mid-July

Amount

Series 2018 Bond Issue
Original Construction Fund - Not To Exceed

$	25,000,000.00

Additions (Interest, Transfers from DSR, etc.)		164,477.18 Cumulative Draws Through Prior Month	(11,432,656.73)
==========
Construction Funds Available	$	13,731,820.45

Requisitions This Month
Requisition 2018-200: Orlando Sentinel

$	(271.25)

Requisition 2018-201: Donald W. McIntosh Associates	(1,712.50)
Requisition 2018-202: Hopping Green & Sams	(235.50)
==========

Total Requisitions This Month Construction Funds Remaining

$	(2,219.25)
==========
$	13,729,601.20

Committed Funding
Lake Nona Medical City Drive Phase 2 – Developer-owned as of 03/2020	-
==========

Total Committed Funding

$	-
==========

Net Uncommitted	13,729,601.20