Storey Drive Community Development District
Agenda April 4, 2024

Agenda

REVISED AGENDA

March 28, 2024

Storey Drive
Community Development District
219 E. Livingston Street, Orlando, Florida 32801 Phone: 407-841-5524 – Fax: 407-839-1526

Board of Supervisors Storey Drive Community Development District
Dear Board Members:
The meeting of the Board of Supervisors of the Storey Drive Community Development District will be held Thursday, April 4, 2024 at 10:00 a.m. at the offices of GMS-CF, 219 E. Livingston Street, Orlando, Florida. Following is the advance agenda for the regular meeting:

Roll Call
Public Comment Period
Approval of Minutes of the February 1, 2024 Meeting
Consideration of Resolution 2024-03 Approving the Proposed Fiscal Year 2025 Budget and Setting a Public Hearing
Consideration of Series 2022 Requisition #11
Staff Reports
Attorney
Memorandum Regarding Annual Reminder on Florida Laws for Public Officials - Added
Engineer
Discussion of Pending Plat Conveyances
Status of Permit Transfers
District Manager’s Report
Approval of Check Registers
Balance Sheet and Income Statement
Field Manager’s Report
Other Business
Supervisor’s Requests
Adjournment
The balance of the agenda will be discussed at the meeting. In the meantime, if you should have any questions, please contact me.
Sincerely, George S. Flint George S. Flint
District Manager
Cc:	Jan Carpenter, District Counsel Stephen Saha, District Engineer

Enclosures

Minutes

MINUTES OF MEETING STOREY DRIVE
COMMUNITY DEVELOPMENT DISTRICT

The regular meeting of the Board of Supervisors of the Storey Drive Community Development District was held Thursday, February 1, 2024 at 10:00 a.m. at the Offices of GMS- CF, 219 East Livingston Street, Orlando, Florida.

Present and constituting a quorum were:

Adam Morgan	Chairman
Daniel La Rosa	Vice Chairman
Brent Kewley	Assistant Secretary
Teresa Diaz	Assistant Secretary
Josh Jochims	Assistant Secretary Also present were:
George Flint	District Manager
Kristen Trucco	District Counsel
Alan Scheerer	Field Manager

FIRST ORDER OF BUSINESS	Roll Call
Mr. Flint called the meeting to order and called the roll. Five Board members were present constituting a quorum.

SECOND ORDER OF BUSNESS	Public Comment Period
Mr. Flint: Next is the public comment period and we just have the Board and staff.

THIRD ORDER OF BUSINESS	Approval of Minutes of the January 4,
2024 Meeting
Mr. Flint: The next item is approval of the January 4, 2024 meeting minutes. Were there any comments or corrections to those?
Mr. Morgan: They all look good; I make a motion to accept.

On MOTION by Mr. Morgan, seconded by Mr. Kewley, with all in favor, the Minutes of the January 4, 2024 Meeting, were approved, as presented.

FOURTH ORDER OF BUSINESS	Ratification  of  Agreement  with  Briar
Team, LLC for Repairs to Pedestrian Bridge
Mr. Flint: Item four is ratification of the agreement with Briar to repair the pedestrian bridge. In your agenda is the executed copy of the agreement signed by the District and by the contractor. My understanding is they haven’t mobilized yet or started this work, but we do have the agreement in place.
Mr. La Rosa: What page is it on?
Mr. Flint: It’s on page 26, page 26 is the signature page.
Mr. La Rosa: I got it. Does this include the pond bank or no? Mr. Morgan: No, the city is doing the canal bank.
Mr. Morgan: After the bridge is done.
Mr. Scheerer: Yes. They wanted the bridge done first before, at least that is the conversation we had with them.
Mr. Morgan: The city wants us to fix the wall first and then they are going to go in and clean out the canal and then they are going to fix the bank.
Mr. Scheerer: Correct.
Mr. La Rosa: Okay, that is fine. I just wanted to make sure it was going to get done.
Ms. Trucco: Yes, I spoke to city’s attorney and they are reaching out to the contractor/the owner then hired the contractor. They are going to work with us on getting reimbursement. I followed up with her today actually. I think I had spoken to her on the 18th of January and that is when she said yes, they will assist the CDD in getting reimbursement because they agree to make sense, the owner is going to have to go back for permits, etc. with a contractor, so they are on board with assisting them. I am going to continue to follow up with her on the status of that reimbursement.
Mr. La Rosa: Is there a mechanism by which we’re going to accomplish that through a through a satisfied pay app? Once Briar completes the work, we’ll present them with a get paid in full pay app showing that we paid this to Briar. We are going to give that to them, then they’re going to send that in the form of the invoice.
Ms. Trucco: Actually, she had just asked for a copy of the proposal. I confirmed that we have moved forward with a contractor, so that is all she is requiring right now.
Mr. La Rosa: Okay.

Ms. Trucco: But I did follow up with her to find out what the status is on the reimbursement.
Ideally, it could just be a check to the CDD.
Mr. La Rosa: From the city or from them?
Ms. Trucco: I am not sure how she is going to do it, but I will find out the details on that. Mr. Morgan: But the city has agreed to pursue the damages. We don’t have to.
Mr. La Rosa: But we’re paying.
Mr. Morgan: We are paying upfront.
Mr. La Rosa: Right. I just want to make sure we get our money back. Ms. Trucco: Absolutely.
Ms. Trucco: And as soon as I have response from her, I’ll email you just to give you an update where she is with that reimbursement request too.
Mr. La Rosa: Okay, then I make a motion to approve this agreement.

On MOTION by Mr. La Rosa, seconded by Mr. Morgan, with all in favor, the Agreement with Briar Team, LLC for Repairs to Pedestrian Bridge, was ratified.

FIFTH ORDER OF BUSINESS	Staff Reports
Attorney
Discussion of Pending Plat Conveyances
Status of Permit Transfers
Mr. Flint: Staff reports, the first one is attorney.
Ms. Trucco: We have been working on a draft of this agreement with a contractor to make the repair. I had a telephone conversation with the city’s attorney regarding this situation with the pedestrian bridge, so that is moving forward. We already have the update on that. Then this week I actually had a conversation with a representative for the adjacent property IDrive Investors, LLC and Mark McDonald. We talked about moving forward with the Interlocal Agreement that was brought before this Board a few months ago for the CDD to potentially maintain and be the owner of one of the roads outside of the CDD’s boundaries. Just to back up a little bit, it was a road outside the CDD’s boundary, two sidewalk pieces, and then also a drainage easement area too. So, we’d have to go back to the city to get an Interlocal Agreement in order for us to do work outside the boundary. This Board had approved that concept so long as the adjacent property owner would enter into a Cautionary Agreement with the CDD. This week we also discussed the property owner entering into a Funding Agreement with the CDD because obviously the CDD will incur legal

costs to have to go get an Interlocal Agreement, etc. Those discussions are ongoing. We are working on drafting a Funding Agreement to send over to that owner. As soon as I have an update for you, I’ll provide that. I think you may be working on the legal descriptions for the sidewalk pieces, so it sounds like that is at least going to move forward an Interlocal Agreement to allow us to own and maintain the sidewalk pieces. Do you have an idea on timeframe?
Ms. Diaz: Not yet. I reckon they are doing it all today.
Ms. Trucco: Okay, that is good. Other than that, we discussed the remaining plat conveyances, so I’ve updated the conveyance documents. There is a new statutory requirement that requires us to list out the address of signers on here on the recorded documents. So, I’ve got this updated with what I believe is the last of all of the tracts that need to come to the CDD. From my records, I only see the Storey Drive plat and then the Storey Drive Phase Two plat. I think these conveyance documents once they’re recorded, that will wrap up all the conveyances we have. I will give these to the Chairman after and just ask for his assistance with signing them and notarizing and get Mark’s signature as well.
Mr. Morgan: Okay.
Ms. Trucco: That is all I have unless you have any questions for me.
Mr. Flint: Back on the pedestrian bridge repair, what process do we want to use for inspection of the work and sign off? Do we want the District engineer to be involved in that or do we think this is straight forward enough that Alan can just sign off on it? Because they are going to be submitting pay apps or an invoice, someone needs to sign off on it.
Mr. La Rosa: Typically, we would do a visual inspection, like a pay app inspection. Prior to payment, that is pretty standard.
Mr. Flint: Right.
Mr. La Rosa: Typically, our engineers are responsible for that for signing off where it was completed.
Mr. Flint: So, we want to do that. We want Stephen or someone from Poulos & Bennett? Mr. La Rosa: I think so.
Mr. Flint: Okay.
Mr. La Rosa: Just based on the type of damage. Mr. Flint: You don’t want the liability.
Mr. La Rosa: I would prefer an engineer. Yes.

Mr. Flint: Okay. We will make sure that’s the process we follow.

Engineer
Mr. Flint: Engineer’s report, Stephen are you on? I don’t think we have a representative.

District Manager’s Report
Approval of Check Register
Mr. Flint: Under my report you have the check register for December 27, 2023 through January 26, 2024. The total is $561,507.69 and the majority of that is debt service revenue that is being transferred to the trustee.
Mr. Morgan: I will make a motion to approve.

On MOTION by Mr. Morgan, seconded by Mr. La Rosa, with all in favor, the Check Register, was approved.

Balance Sheet and Income Statement
Mr. Flint: You have the unaudited financials through November 30. If there are any questions, we can discuss those. Those are through December. It looks like we’ve got $24,000 as of the end of December in the construction account.
Mr. La Rosa: Is this allocating for the grade repair?
Mr. Flint: No. The number though looks capital projects fund. We might need to set the money aside in that capital project to be able to track it for reimbursement. I will have to check on that because it doesn’t appear that those are bond funds. I will just verify. Any other questions?
Field Manager’s Report
Mr. Flint: Field Manager’s report. Alan?
Mr. Scheerer: At the last meeting it was discussed to get with Applied Aquatic about doing the harvesting in the other ponds. I have been working with them on that. We met onsite. I am just waiting on a proposal for that. Obviously, if we could dispose of the biomass onsite it would be a lot cheaper. I think the first pond we did was $5,000 and $2,500 of it was dumped in the biomass offsite, but we are working on that. I am trying to work with Dixie on a couple of problems that we’re having with construction trash, especially in the first stormwater pond. Then, we are having access issues with stormwater pond three, which is the larger one that is in the middle. As you all know, there is just so much vertical stuff going on right now. We are backpacking the pond with

Applied Aquatic and Cherrylake is having some challenges getting equipment in there. But I’ve reached out to Dixie a couple of times to give us a path so we can at least get in there and mow that. That is probably the worst pond in the whole project right now. That other stormwater pond does have a lot of construction trash in it. We’ll work to get that up. Then, approximately Lots 63 through 92 along Asterisk as your heading east, all the irrigation valves are on the backside of the complex there between the wall and the vertical that’s going in. And we have a lot of irrigation damage. It looks like they are grading it and stuff, and they are just hitting the valves. So, we are working with Cherrylake and again brought that to Dixie’s attention that somebody in vertical is going to have to address those repairs. Other than that, we’ve got some additional palms on stormwater pond one that we met with the contractor. They’re lining up to get those replaced. They failed. Those are all warranty trees, nothing that the District needs to worry about. I can try to answer any questions you all might have. We will bring back those hard to see prices to the next Board meeting.
Mr. Morgan: Did we ever receive an invoice for the original harvesting? Mr. Scheerer: I haven’t received it.
Mr. Morgan: I haven’t either.
Mr. Scheerer: I can reach out to him. I think they were sending it to you. Mr. Morgan: I never got it.
Mr. Scheerer: I don’t have it. It’s not on the check register and that was done two months

ago.

Mr. Morgan: At least two months ago.
Mr. Scheerer: Yes, three months maybe. November. I’ll ask him about that. That was a

24-hour turnaround. That was beautiful thing to see happen that quick. I am glad it worked out for everybody. That is all I have.
Mr. Morgan: We did determine that the other ponds do need to be harvested.
Mr. Scheerer: I think the worst one is the pond three. The one up front, everything is waterline level. It’s slowly going down. But if that is what you all want, we will get the number together for you and let you swallow that number. It’s going to be a big number.
SIXTH ORDER OF BUSINESS	Other Business
There being no comments, the next item followed.

SEVENTH ORDER OF BUSINESS	Supervisor’s Requests
There being no comments, the next item followed.

EIGHTH ORDER OF BUSINESS	Adjournment
Mr. Flint adjourned the meeting.

On MOTION by Mr. Morgan, seconded by Mr. Kewley, with all in favor, the meeting was adjourned.

Secretary/Assistant Secretary	Chairman/Vice Chairman

Section IV

RESOLUTION 2024-03

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE STOREY DRIVE COMMUNITY DEVELOPMENT DISTRICT APPROVING A PROPOSED BUDGET FOR FISCAL YEAR 2024/2025 AND SETTING A PUBLIC HEARING THEREON PURSUANT TO FLORIDA LAW; ADDRESSING TRANSMITTAL, POSTING AND PUBLICATION REQUIREMENTS; ADDRESSING SEVERABILITY; AND PROVIDING AN EFFECTIVE DATE.

WHEREAS, the District Manager has heretofore prepared and submitted to the Board of Supervisors (“Board”) of the Storey Drive Community Development District (“District”) prior to June 15, 2024, a proposed budget (“Proposed Budget”) for the fiscal year beginning October 1, 2024 and ending September 30, 2025 (“Fiscal Year 2024/2025”); and
WHEREAS, the Board has considered the Proposed Budget and desires to set the required public hearing thereon.
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE STOREY DRIVE COMMUNITY DEVELOPMENT DISTRICT:

PROPOSED BUDGET APPROVED. The Proposed Budget prepared by the District Manager for Fiscal Year 2024/2025 attached hereto as Exhibit A is hereby approved as the basis for conducting a public hearing to adopt said Proposed Budget.

SETTING A PUBLIC HEARING. A public hearing on said approved Proposed Budget is hereby declared and set for the following date, hour and location:

DATE:	June 6, 2024

HOUR:	10:00 a.m.

LOCATION:	Offices of GMS-CF, LLC
219 E. Livingston Street Orlando, FL 32801

TRANSMITTAL  OF  PROPOSED  BUDGET  TO  LOCAL  GENERAL
PURPOSE GOVERNMENT. The District Manager is hereby directed to submit a copy of the Proposed Budget to City of Orlando and Orange County at least 60 days prior to the hearing set above.

POSTING OF PROPOSED BUDGET. In accordance with Section 189.016, Florida Statutes, the District’s Secretary is further directed to post the approved Proposed Budget on the District’s website at least two days before the budget hearing date as set forth in Section 2, and shall remain on the website for at least 45 days.

PUBLICATION OF NOTICE. Notice of this public hearing shall be published in the manner prescribed in Florida law.

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

EFFECTIVE DATE. This Resolution shall take effect immediately upon adoption.
PASSED AND ADOPTED THIS 4th DAY OF APRIL, 2024.

ATTEST:	STOREY	DRIVE	COMMUNITY DEVELOPMENT DISTRICT

By:	

Secretary/Assistant Secretary	Its:	

Storey Drive
Community  Development  District

Proposed Budget FY2025

Table of Contents

1-2

3-7

8

9

10

General Fund

General Fund Narrative

Capital Reserve Fund

Debt Service Fund Series 2022

Amortization Schedule Series 2022

Community Development District Proposed Budget
FY2025
General Fund

Adopted
Budget	Actual
Thru	Projected
Next	Total
Projected	Proposed
Budget	
FY2024	2/29/24	7 Months	9/30/24	FY2025	

Revenues:		
Special Assessments	$	313,137	$	319,134	$	2,026	$	321,160	$	313,137	
Carry Forward Surplus	$	-	$	-	$	-	$	-	$	100,408	
Total Revenues	$	313,137	$	319,134	$	2,026	$	321,160	$	413,545	

Expenditures:						
Administrative:						
Supervisor Fees	$	12,000	$	1,600	$	3,200	$	4,800	$	12,000	
FICA Expense	$	918	$	122	$	245	$	367	$	918	
Engineering Fees	$	12,000	$	413	$	3,588	$	4,000	$	12,000	
Attorney	$	25,000	$	5,851	$	12,899	$	18,750	$	25,000	
Arbitrage	$	450	$	-	$	450	$	450	$	450	
Dissemination	$	3,500	$	1,458	$	2,042	$	3,500	$	3,500	
Annual Audit	$	3,600	$	-	$	3,600	$	3,600	$	3,600	
Trustee Fees	$	5,000	$	4,041	$	-	$	4,041	$	4,050	
Assessment Administration	$	5,250	$	5,250	$	-	$	5,250	$	5,250	
Management Fees	$	36,750	$	15,313	$	21,438	$	36,750	$	40,000	
Information Technology	$	1,800	$	750	$	1,050	$	1,800	$	1,800	
Website Maintenance	$	1,200	$	500	$	700	$	1,200	$	1,200	
Telephone	$	75	$	-	$	25	$	25	$	75	
Postage	$	500	$	109	$	141	$	250	$	500	
Printing & Binding	$	500	$	75	$	75	$	150	$	500	
Insurance	$	5,915	$	5,590	$	-	$	5,590	$	5,915	
Legal Advertising	$	2,835	$	685	$	1,815	$	2,500	$	2,500	
Other Current Charges	$	600	$	87	$	280	$	367	$	600	
Office Supplies	$	150	$	15	$	35	$	50	$	150	
Dues, Licenses & Subscriptions	$	175	$	175	$	-	$	175	$	175	
Total Administrative:	$	118,218	$	42,033	$	51,581	$	93,615	$	120,183	
Operations & Maintenance						
Field Services	$	7,875	$	3,281	$	4,594	$	7,875	$	10,000	
Property Insurance	$	5,000	$	-	$	2,500	$	2,500	$	5,000	
Electric	$	3,500	$	-	$	-	$	-	$	3,500	
Water & Sewer	$	20,000	$	-	$	-	$	-	$	20,000	
Landscape Maintenance	$	134,304	$	40,330	$	56,462	$	96,792	$	134,304	
Landscape Contingency	$	2,500	$	-	$	1,250	$	1,250	$	2,500	
Lake Maintenance	$	8,220	$	8,925	$	4,795	$	13,720	$	8,467	
Irrigation Repairs	$	2,500	$	-	$	1,250	$	1,250	$	2,500	
Pressure Washing	$	5,000	$	-	$	1,250	$	1,250	$	2,500	
Repairs & Maintenance	$	3,520	$	-	$	1,250	$	1,250	$	3,500	
Contingency	$	2,500	$	-	$	1,250	$	1,250	$	2,500	
Total Operations & Maintenance:	$	194,919	$	52,536	$	74,601	$	127,137	$	194,771	
Reserves						
Capital Reserve Transfer	$	-	$	-	$	-	$	-	$	98,592	
Total Reserves	$	-	$	-	$	-	$	-	$	98,592	
						
Total Expenditures	$	313,137	$	94,569	$	126,182	$	220,752	$	413,546	
						
Excess Revenues (Expenditures)	$	-	$	224,565	$	(124,156)	$	100,408	$	(0)	

Community Development District FY 2025 Assessment Charts

Net Administrative Annual Assessments (Total)	$	120,183

$127,854

Collection Cost (6%)	$7,671
Gross Assessments

Property Type	Units	ERU Factor	ERUs	Gross Per Unit	Total Gross	
Condo	256	0.50	128	$180.70	$46,257.97	
Townhomes	200	0.75	150	$271.04	$54,208.54	
Single Family	70	1.00	70	$361.39	$25,297.32	
Total	526		348		$125,763.83	

Net Maintenance Annual Assessments (Total)					
$	194,771	
Collection Cost (6%)					$12,432	
Gross Assessments					$207,203	
						
Property Type	Units	ERU Factor	ERUs	Gross Per Unit	Total Gross	
Condo	256	0.50	128	$297.93	$76,270.59	
Townhomes	200	0.75	150	$446.90	$89,379.58	
Single Family	70	1.00	70	$595.86	$41,710.47	
Total	526		348		$207,360.65	

Net Administrative & Maintenance Annual Assessments (Platted)	$313,137

$333,124

Collection Cost (6%)	$19,987
Gross Assessments

Property Type	Units	ERU Factor	ERUs	Gross Per Unit	Total Gross	
Condo	256	0.50	128	$478.63	$122,528.56	
Townhomes	200	0.75	150	$717.94	$143,588.12	
Single Family	70	1.00	70	$957.25	$67,007.79	
Total	526		348		$333,124.48	

REVENUES:

Assessments

The District will levy a non-ad valorem special assessment on all the assessment property within the District in order to pay for the operating expenditures during the fiscal year.

EXPENDITURES:

Administrative:

Supervisor Fees

Chapter 190, Florida Statutes, allows for each Board member to receive $200 per meeting, not to exceed $4,800 per year paid to each Supervisor for the time devoted to District business and meetings. Amount is based on 5 supervisors attending 12 meetings during the fiscal year.

FICA Expense

Represents the Employer’s share of Social Security and Medicare taxes withheld from Board of Supervisor checks.

Engineering

The District's engineer, Poulos & Bennett, LLC, will be providing general engineering services to the District, e.g. attendance and preparation for monthly board meetings, review of invoices and requisitions, preparation and review of contract specifications and bid documents, and various projects assigned as directed by the Board of Supervisors and the District Manager.

Attorney

The District's legal counsel, Latham, Luna, Eden & Beaudine, LLP, will be providing general legal services to the District, e.g. attendance and preparation for monthly meetings, preparation and review of agreements and resolutions, and other research assigned as directed by the Board of Supervisors and the District Manager.

Arbitrage

The District will contract with an independent certified public accountant to annually calculate the District’s Arbitrage Rebate Liability on the Series 2022 Special Assessment Bonds. The District has contracted with AMTEC Corporation for this service.

Dissemination

The District is required by the Security and Exchange Commission to comply with Rule 15c2-12(b)(5) which relates to additional reporting requirements for unrated bond issues. The District has contracted with Governmental Management Services- Central Florida, LLC for this service on Series 2022 Special Assessment Bonds.

Annual Audit

The District is required by Florida Statutes to arrange for an independent audit of its financial records on an annual basis. The District has contracted with DiBartolomeo, McBee, Hartley & Barnes, P.A. for this service.
Trustee Fees

The District will pay annual trustee fees for the Series 2022 Special Assessment Bonds that are deposited with Trustee at USBank.

Assessment Administration

The District will contract to levy and administer the collection of non-ad valorem assessment on all assessable property within the District.

Management Fees

The District has contracted with Governmental Management Services-Central Florida, LLC to provide Management, Accounting and Recording Secretary Services for the District. The services include, but not limited to, recording and transcription of board meetings, budget preparation, all financial reporting, annual audit, etc.

Information Technology

The District has contracted with Governmental Management Services-Central Florida, LLC for costs related to the District’s information systems, which include but are not limited to video conferencing services, cloud storage services and servers, positive pay implementation and programming for fraud protection, accounting software, tablets for meetings, Adobe, Microsoft Office, etc.

Website Maintenance

The District has contracted with Governmental Management Services-Central Florida, LLC for costs associated with monitoring and maintaining the District’s website created in accordance with Chapter 189, Florida Statues. These services include site performance assessments, security and firewall maintenance, updates, document uploads, hosting and domain renewals, website backups, etc.

Telephone

Telephone and fax machine.

Postage

Mailing of agenda packages, overnight deliveries, correspondence, etc.

Printing & Binding

Printing and Binding agenda packages for board meetings, printing of computerized checks, stationary, envelopes etc.

Insurance

The District’s general liability and public officials liability insurance coverage is provided by Florida Insurance Alliance (FIA). FIA specializes in providing insurance coverage to governmental agencies.

Legal Advertising

The District is required to advertise various notices for monthly Board meetings, public hearings, etc in a newspaper of general circulation.

Other Current Charges

Bank charges and any other miscellaneous expenses incurred during the year.

Office Supplies

Miscellaneous office supplies.

Dues, Licenses & Subscriptions

The District is required to pay an annual fee to the Florida Department of Economic Opportunity for $175. This is the only expense under this category for the District.

Operations & Maintenance:

Field Services

The District has contracted with Governmental Management Services-Central Florida, LLC for onsite field management of contracts for the District such as landscape and lake maintenance. Services to include onsite inspections, meetings with contractors, monitoring of utility accounts, attend Board meetings and receive and respond to property owner phone calls and emails.

Property Insurance

Represents estimated costs for the annual coverage of property insurance. Coverage will be provided by Florida Insurance Alliance (FIA). FIA specializes in providing insurance coverage to governmental agencies.

Electric

Represents estimated cost of electric services for items such as monument lighting, irrigation meters, etc.

Water & Sewer

Represents estimated cost of water services for areas within the district such as main entrance, irrigated turf and landscaping around ponds.

Landscape Maintenance

The District will maintain the landscaping within the common areas of the District after installation of landscape material has been completed. Budgeted amount is based on proposals from Cherry Lake Inc. for Phases 1 and 2.

Description	Monthly	Annual	
Landscape Maintenance - Partial Phases 1 & 2 Contingency - Future Areas	$8,066	$96,792
$37,512	
Total	$134,304	

Landscape Contingency

Represents estimated costs for any additional landscape expenses not covered under the monthly landscape maintenance contract.

Lake Maintenance

Represents cost to maintain four stormwater retention ponds. Amount is based on proposal from Applied Aquatic Management, Inc. for monthly maintenance and as needed clean-up/treatments.

Description	Monthly	Annual	
Pond Maintenance
Stormwater Retention Ponds 1 - 4
Contingency	
$685	
$8,220
$247	
Total	$8,467	

Irrigation Repairs

Represents estimated costs for any repairs to the irrigation system.

Pressure Washing

Represents estimated cost to pressure wash areas within the District boundaries.

Repairs & Maintenance

Represents general repairs and maintenance costs that are not budgeted under any other budgeted line item.

Contingency

Represents any additional field expense that may not have been provided for in the budget.

Transfer Out – Capital Reserve

Represents excess funds at fiscal year end transferred to the Capital Reserve fund.

Community Development District Proposed Budget
FY2025
Capital Reserve Fund

Adopted
Budget	Actual
Thru	Projected
Next	Total
Projected	Proposed
Budget	
FY2024	2/29/24	7 Months	9/30/24	FY2025	

Revenues:		
Transfer In	$	-	$	-	$	-	$	-	$	98,592	
Interest	$	-	$	-	$	-	$	-	$	6,000	
Total Revenues	$	-	$	-	$	-	$	-	$	104,592	

Expenditures:						
Contingency	$	-	$	-	$	-	$	-	$	-	
Capital Outlay	$	-	$	-	$	-	$	-	$	-	
Total Expenditures	$	-	$	-	$	-	$	-	$	-	
						
Excess Revenues (Expenditures)	$	-	$	-	$	-	$	-	$	104,592	
						
Fund Balance - Beginning	$	-	$	-	$	-	$	-	$	-	
						
Fund Balance - Ending	$	-	$	-	$	-	$	-	$	104,592	

Community Development District Proposed Budget
FY2025
Debt Service Fund Series 2022

Adopted
Budget	Actual
Thru	Projected
Next	Total
Projected	Proposed
Budget	
FY2024	2/29/24	7 Months	9/30/24	FY2025	

Revenues:		
Special Assessments	$	536,213	$	546,479	$	3,469	$	549,948	$	536,213	
Interest	$	12,000	$	9,231	$	13,050	$	22,281	$	18,000	
Carry Forward Surplus	$	200,763	$	187,813	$	-	$	187,813	$	209,477	
Total Revenues	$	748,976	$	743,523	$	16,519	$	760,042	$	763,690	

Expenditures:						
Series 2022
Interest - 12/15	

$	166,581	

$	166,581	

$	-	

$	166,581	

$	163,968	
Principal - 06/15	$	205,000	$	-	$	205,000	$	205,000	$	210,000	
Interest - 06/15	$	166,581	$	-	$	166,581	$	166,581	$	163,968	
Total Expenditures	$	538,163	$	166,581	$	371,581	$	538,163	$	537,935	

Other Sources/(Uses)						
Transfer In/(Out)	$	-	$	(5,403)	$	(7,000)	$	(12,403)	$	(12,000)	
Total Other Financing Sources (Uses)	$	-	$	(5,403)	$	(7,000)	$	(12,403)	$	(12,000)	
						
Excess Revenues (Expenditures)	$	210,814	$	571,539	$	(362,062)	$	209,477	$	213,755	

Interest - 12/15/2025	

$161,290	
				Total	$161,290	
				
Net Assessment	
$536,213	
				Collection Cost (6%)	$34,226	
				Gross Assessment	$570,439	
						
		Property Type	Units	Gross Per Unit	Gross Total	
		Condo	256	$886	$226,770	
		Townhome	200	$1,102	$220,308	
		Single Family	70	$1,762	$123,359	
		Total	526		$570,437	

Storey Drive
Series 2022, Special Assessment Bonds (Term Bonds Combined)

Amortization Schedule

Date	Balance	Principal	Interest	Annual

6/15/24	$  9,510,000	$	
12/15/24	$  9,305,000	$	
6/15/25	$  9,305,000	$	
12/15/25	$  9,095,000	$	
6/15/26	$  9,095,000	$	
12/15/26	$  8,880,000	$	
6/15/27	$  8,880,000	$	
12/15/27	$  8,660,000	$	
6/15/28	$  8,660,000	$	
12/15/28	$  8,435,000	$	
6/15/29	$  8,435,000	$	
12/15/29	$  8,200,000	$	
6/15/30	$  8,200,000	$	
12/15/30	$  7,960,000	$	
6/15/31	$  7,960,000	$	
12/15/31	$  7,715,000	$	
6/15/32	$  7,715,000	$	
12/15/32	$  7,460,000	$	
6/15/33	$  7,460,000	$	
12/15/33	$  7,195,000	$	
6/15/34	$  7,195,000	$	
12/15/34	$  6,925,000	$	
6/15/35	$  6,925,000	$	
12/15/35	$  6,645,000	$	
6/15/36	$  6,645,000	$	
12/15/36	$  6,355,000	$	
6/15/37	$  6,355,000	$	
12/15/37	$  6,055,000	$	
6/15/38	$  6,055,000	$	
12/15/38	$  5,745,000	$	
6/15/39	$  5,745,000	$	
12/15/39	$  5,425,000	$	
6/15/40	$  5,425,000	$	
12/15/40	$  5,095,000	$	
6/15/41	$  5,095,000	$	
12/15/41	$  4,755,000	$	
6/15/42	$  4,755,000	$	
12/15/42	$  4,405,000	$	
6/15/43	$  4,405,000	$	
12/15/43	$  4,040,000	$	
6/15/44	$  4,040,000	$	
12/15/44	$  3,660,000	$	
6/15/45	$  3,660,000	$	
12/15/45	$  3,265,000	$	
6/15/46	$  3,265,000	$	
12/15/46	$  2,855,000	$	
6/15/47	$  2,855,000	$	
12/15/47	$  2,425,000	$	
6/15/48	$  2,425,000	$	
12/15/48	$  1,980,000	$	
6/15/49	$  1,980,000	$	
12/15/49	$  1,515,000	$	
6/15/50	$  1,515,000	$	
12/15/50	$  1,030,000	$	
6/15/51	$  1,030,000	$	
12/15/51	$	525,000	$	
6/15/52	$	525,000	$	

205,000  $
$
210,000  $
$
215,000  $
$
220,000  $
$
225,000  $
$
235,000  $
$
240,000  $
$
245,000  $
$
255,000  $
$
265,000  $
$
270,000  $
$
280,000  $
$
290,000  $
$
300,000  $
$
310,000  $
$
320,000  $
$
330,000  $
$
340,000  $
$
350,000  $
$
365,000  $
$
380,000  $
$
395,000  $
$
410,000  $
$
430,000  $
$
445,000  $
$
465,000  $
$
485,000  $
$
505,000  $
$
525,000  $

166,581.25  $
163,967.50  $
163,967.50  $
161,290.00  $
161,290.00  $
158,548.75  $
158,548.75  $
155,743.75  $
155,743.75  $
152,368.75  $
152,368.75  $
148,843.75  $
148,843.75  $
145,243.75  $
145,243.75  $
141,568.75  $
141,568.75  $
137,743.75  $
137,743.75  $
133,437.50  $
133,437.50  $
129,050.00  $
129,050.00  $
124,500.00  $
124,500.00  $
119,787.50  $
119,787.50  $
114,912.50  $
114,912.50  $
109,875.00  $
109,875.00  $
104,675.00  $
104,675.00  $
99,312.50  $
99,312.50  $
93,787.50  $
93,787.50  $
88,100.00  $
88,100.00  $
80,800.00  $
80,800.00  $
73,200.00  $
73,200.00  $
65,300.00  $
65,300.00  $
57,100.00  $
57,100.00  $
48,500.00  $
48,500.00  $
39,600.00  $
39,600.00  $
30,300.00  $
30,300.00  $
20,600.00  $
20,600.00  $
10,500.00  $
10,500.00  $

- 535,548.75
- 535,257.50
- 534,838.75
- 534,292.50
- 533,112.50
- 536,212.50
- 534,087.50
- 531,812.50
- 534,312.50
- 536,181.25
- 532,487.50
- 533,550.00
- 534,287.50
- 534,700.00
- 534,787.50
- 534,550.00
- 533,987.50
- 533,100.00
- 531,887.50
- 533,900.00
- 534,000.00
- 533,500.00
- 532,400.00
- 535,600.00
- 533,100.00
- 534,900.00
- 535,900.00
- 536,100.00
535,500.00

Totals	$  9,510,000  $	5,983,894  $ 15,493,893.75

Section V

STOREY DRIVE COMMUNITY DEVELOPMENT DISTRICT SPECIAL ASSESSMENT BONDS, SERIES 2022

(Acquisition and Construction)

The undersigned, a Responsible Officer of the Storey Drive Community Development District (the “District”) hereby submits the following requisition for disbursement under and pursuant to the terms of the Master Trust Indenture between the District and U.S. Bank National Association, as trustee (the “Trustee”), dated as of January 1, 2022, as supplemented by that certain First Supplemental Trust Indenture dated as of January 1, 2022 (collectively, the “Indenture”) (all capitalized terms used herein shall have the meaning ascribed to such term in the Indenture):
Requisition Number: 11
Identify Acquisition Agreement, if applicable;
Name of Payee: Lennar Homes LLC
Amount Payable: $27,856.89 (or account balance not to exceed
$492,056.54)
Purpose for which paid or incurred (refer also to specific contract if amount is due and payable pursuant to a contract involving progress payments):
Unfunded portion of infrastructure costs for Phases 1 & 2.
Fund or Account and subaccount, if any, from which disbursement to be made:
Series 2022 Acquisition and Construction Account of the Acquisition and Construction Fund.
The undersigned hereby certifies that:
obligations in the stated amount set forth above have been incurred by the District,
each disbursement set forth above is a proper charge against the Series 2022 Acquisition and Construction Account;
each disbursement set forth above was incurred in connection with the Cost of the 2022 Project; and
each disbursement represents a cost of 2022 Project which 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 moneys 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.
Originals or copies of the invoice(s) from the vendor of the property acquired or the services rendered with respect to which disbursement is hereby requested are on file with the District.
STOREY DRIVE COMMUNITY DEVELOPMENT DISTRICT

By:		
Responsible Officer

Date: 	

CONSULTING ENGINEER’S APPROVAL FOR
NON-COST OF ISSUANCE OR NON-OPERATING COSTS REQUESTS ONLY
The undersigned Consulting Engineer hereby certifies that this disbursement is for the Cost of the 2022 Project and is consistent with: (i) the Acquisition Agreement; and (ii) the report of the Consulting Engineer, as such report shall have been amended or modified.

Consulting Engineer

Orlando Office		Jacksonville Office	
2602 E. Livingston Street	(407) 487-2594	12574 Flagler Center Blvd.	
Orlando, Florida 32803	poulosandbennett.com	Jacksonville, Florida 32258	

March 17, 2023

Storey Drive Community Development District c/o Kristen Trucco
201 S. Orange Ave, Suite 1400
Orlando, FL 32801

Subject:	Storey Drive Phases 1 & 2
Certification of Completed Infrastructure – Requisition #6 Poulos & Bennett Job No. 18-021

Dear Ms. Trucco:

This letter is to serve as a Certification of Constructed Infrastructure reimbursement from the Storey Drive Community Development District (CDD) to Lennar Homes. Below is a summary of the infrastructure construction items and contract costs for those constructed improvements to be dedicated to the CDD associated with the above-referenced project. This document has been prepared based on pay applications received from the site contractor.

I.	General Conditions & Earthwork (Phase 1):	$	1,224,447.38	
Includes mobilization, as-builts, erosion control, grading, etc.		
II.	Roadway & Paving (Phase 1):	$	2,280,956.68	
Includes sub-base, base, asphalt, curbing, sidewalk, erosion control, grading, crossings, signage and striping		
III.	Potable Water Distribution System (Phase 1):	$	596,324.73	
Includes potable water lines, valves, fittings, and services		
IV.	Wastewater Collection System (Phase 1):	$	660,900.57	
Includes gravity sewer, services, and manholes; lift station wet well, valve box, sewage		
pump, piping, valves, fittings, and control panel		
V.	Storm Drainage System (Phase 1):	$	1,885,380.19	
Includes storm pipe, inlets, and manholes		
VI.	Electrical Undergrounding (Phase 1):	$	1,264,474.34	
Includes structures & conduit		
VII.	Roadway & Paving (Phase 2):	$	1,457,566.02	
Includes sub-base, base, asphalt, curbing, sidewalk, erosion control, grading, crossings, signage and striping		
VIII.	Potable Water Distribution System (Phase 2):	$	653,589.65	
Includes potable water lines, valves, fittings, and services		
IX.	Storm Drainage System (Phase 2):	$	1,329,247.37	
Includes storm pipe, inlets, and manholes		

Total Cost of Improvements:	$	9,803,547.89	
Retainage Reduction:	$	492,056.54	
Total Requisition Amount:	$	9,311,491.35	

Please let us know if you have any questions. Sincerely,

Stephen K. Saha, P.E. District Engineer Poulos & Bennett, LLC
P.E. No. 76903

Poulos & Bennett, LLC ● Orlando ● Jacksonville ● (407) 487-2594 ● www.poulosandbennett.com Page 2

DESCRIPTION

CONTRACT AMOUNT

REQ.
QTY

UNIT

UNIT
COST

REQUISITION
AMOUNT

REQ #1
%

General Conditions & Earthwork (Phase 1)
Certified As-Built Drawings	$	38,899.02	1	LS	$	38,899.02	$	38,899.02	100.0%	
Construction Staking	$	47,640.65	1	LS	$	47,640.65	$	47,640.65	100.0%	
Mobilization	$	46,706.93	1	LS	$	46,706.93	$	46,706.93	100.0%	
ROW/Underground Utility Permit	$	14,852.02	1	EA	$	14,852.02	$	14,852.02	100.0%	
Add Orlando Utilities Commission Fee	$	20,643.53	1	LS	$	20,643.53	$	20,643.53	100.0%	
Certified As-Built Drawings	$	5,000.03	1	LS	$	5,000.03	$	5,000.03	100.0%	
Construction Staking/Layout	$	10,993.99	1	LS	$	10,993.99	$	10,993.99	100.0%	
Mobilization	$	10,529.33	1	LS	$	10,529.33	$	10,529.33	100.0%	
Certified As-Built Drawings	$	18,603.88	1	LS	$	18,603.88	$	18,603.88	100.0%	
Construction Staking/Layout	$	23,820.33	1	LS	$	23,820.33	$	23,820.33	100.0%	
Mobilization	$	28,746.21	1	LS	$	28,746.21	$	28,746.21	100.0%	
Add Mobilization	$	3,125.00	1	EA	$	3,125.00	$	3,125.00	100.0%	
Delete Maintenance of Traffic Services	$	(7,886.10)	1	LS	$	(7,886.10)	$	(7,886.10)	100.0%	
ROW Grading	$	13,893.75	35,625	SY	$	0.39	$	13,893.75	100.0%	
Erosion Control Maintenance	$	3,900.03	1	LS	$	3,900.03	$	3,900.03	100.0%	
Onsite Cut	$	391,800.15	124,381	CY	$	3.15	$	391,800.15	100.0%	
Onsite Fill, Place & Compact On Site	$	39,801.92	124,381	CY	$	0.32	$	39,801.92	100.0%	
Clear and Grub	$	222,938.81	43.5	AC	$	5,125.03	$	222,938.81	100.0%	
Dewatering for Pond Excavation	$	70,206.89	1	LS	$	70,206.89	$	70,206.89	100.0%	
Disc Open Space	$	17,671.88	43.5	AC	$	406.25	$	17,671.88	100.0%	
Curb Inlet Protection	$	3,923.44	1	LS	$	3,923.44	$	3,923.44	100.0%	
Seed & Mulch open area	$	39,049.37	205,523	SY	$	0.19	$	39,049.37	100.0%	
Silt Fence (Single Row)	$	15,350.40	9,840	LF	$	1.56	$	15,350.40	100.0%	
Sod (Pond 1 Tract)	$	17,664.00	6,900	SY	$	2.56	$	17,664.00	100.0%	
Sod (Pond 2 Tract)	$	25,984.00	10,150	SY	$	2.56	$	25,984.00	100.0%	
Sod (Pond 3 Tract)	$	17,920.00	7,000	SY	$	2.56	$	17,920.00	100.0%	
Sod (Pond 4 Tract)	$	19,712.00	7,700	SY	$	2.56	$	19,712.00	100.0%	
Temporary Construction Entrance	$	13,822.58	2	EA	$	6,911.29	$	13,822.58	100.0%	
Turbidity Barrier	$	7,875.05	1	LS	$	7,875.05	$	7,875.05	100.0%	
Add onsite cut (excavation) place & compact site	$	37,453.50	11,890	CY	$	3.15	$	37,453.50	100.0%	
Add onsite fill, place & compact site	$	3,804.80	11,890	CY	$	0.32	$	3,804.80	100.0%	
Subtotal	$	1,224,447.38	Subtotal	$	1,224,447.38	100.0%	
Roadway (Phase 1)
1.5" Asphalt, Type SP-9.5 (1 Lift)	$	294,580.00	26,000	SY	$	11.33	$	294,580.00	100.0%	
10" Limerock Base (LBR 100)	$	99,662.50	5,950	SY	$	16.75	$	99,662.50	100.0%	
12" Stabilized Sugrade (LBR 40)	$	173,493.00	39,075	SY	$	4.44	$	173,493.00	100.0%	
12" Stabilized Sugrade (LBR 40) Over watermain	$	8,258.40	1,860	SY	$	4.44	$	8,258.40	100.0%	
2.5" Asphalt, Type SP-12.5 (1 Lift)	$	113,050.00	5,950	SY	$	19.00	$	113,050.00	100.0%	
4" Sidewalk (10' wide trail)	$	72,270.00	19,800	SF	$	3.65	$	72,270.00	100.0%	
4" Sidewalk (unreinforced)	$	260,975.00	71,500	SF	$	3.65	$	260,975.00	100.0%	
4" Sidewalk 7'w/thickened edge	$	307,478.60	53,755	SF	$	5.72	$	307,478.60	100.0%	
6" Limerock Base (LBR 100)	$	265,980.00	26,000	SY	$	10.23	$	265,980.00	100.0%	
6" Sidewalk (Unreinforced) at lift station	$	2,495.00	100	SF	$	24.95	$	2,495.00	100.0%	
8" Concrete paving at compactor	$	4,351.60	860	SF	$	5.06	$	4,351.60	100.0%	
Brick Pavers w/6" Concrete Base	$	57,298.99	4,487	SF	$	12.77	$	57,298.99	100.0%	
Handicap Tamps with truncated domes	$	75,845.22	66	EA	$	1,149.17	$	75,845.22	100.0%	
Handicap Tamps with truncated domes (10')	$	12,665.10	6	EA	$	2,110.85	$	12,665.10	100.0%	

DESCRIPTION	CONTRACT AMOUNT	REQ.	UNIT	UNIT	REQUISITION	REQ #1
QTY	COST	AMOUNT	%	
Maintenance of Traffic Services	$	5,625.04	1	LS	$	5,625.04	$	5,625.04	100.0%	
Miami Curb	$	54,780.00	4,400	LF	$	12.45	$	54,780.00	100.0%	
Temporary cul-de-sac	$	23,465.70	3	EA	$	7,821.90	$	23,465.70	100.0%	
Type "A" Curb	$	28,666.25	1,775	LF	$	16.15	$	28,666.25	100.0%	
Type "D" Curb	$	24,128.00	1,450	LF	$	16.64	$	24,128.00	100.0%	
Type "F" Curb and Gutter	$	121,520.00	8,000	LF	$	15.19	$	121,520.00	100.0%	
Striping, Signage and RPM's	$	35,625.25	1	LS	$	35,625.25	$	35,625.25	100.0%	
Sod (Common & Disturbed Areas)	$	48,256.00	18,850	SY	$	2.56	$	48,256.00	100.0%	
Add steel mast arm assembly, F&I on existing foundation
pole 70' arm	
$	31,375.00	
1	
EA	
$	31,375.00	
$	31,375.00	
100.0%	

Add vehicular traffic signal, F&I aluminum 3 section, 1 way	
$	2,412.50	
2	
EA	
$	1,206.25	
$	2,412.50	
100.0%	
Add vehicular traffic signal, F&I aluminum 5 section cluster, 1
way	
$	2,056.25	
1	
EA	
$	2,056.25	
$	2,056.25	
100.0%	

Add vehicular traffic signal, remove - poles to remain	
$	192.50	
1	
EA	
$	192.50	
$	192.50	
100.0%	
Add vehicle detection system - video, F&I above ground
equipment	
$	5,312.50	
1	
EA	
$	5,312.50	
$	5,312.50	
100.0%	
Add vehcile detection system-video, adjust/modify cabinet
equipment	
$	6,931.25	
1	
EA	
$	6,931.25	
$	6,931.25	
100.0%	
Add internally illuminated sign, F&I, Overhead Mount, 12-18
SF	
$	5,462.50	
1	
EA	
$	5,462.50	
$	5,462.50	
100.0%	
Add Construction Staking	$	1,832.00	1	LS	$	1,832.00	$	1,832.00	100.0%	
Add Traffic Control	$	8,511.10	1	LS	$	8,511.10	$	8,511.10	100.0%	
Add Mobilization	$	8,125.00	1	EA	$	8,125.00	$	8,125.00	100.0%	
Striping, Signage and RPM's	$	9,362.50	1	LS	$	9,362.50	$	9,362.50	100.0%	
Delete vehicle detection system-video, furnish & install
above ground equipment	
$	(5,312.50)	
1	
EA	
$	(5,312.50)	
$	(5,312.50)	
100.0%	
Delete vehicle detection system-video, adjust/modify cabinet
equipment	
$	(6,931.25)	
1	
EA	
$	(6,931.25)	
$	(6,931.25)	
100.0%	
Add vehcile detection system-video, furnish & install cabinet
equipment	
$	22,863.36	
1	
EA	
$	22,863.36	
$	22,863.36	
100.0%	
Add vehcile detection system-video, furnish & install cabinet
equipment	
$	29,553.36	
1	
EA	
$	29,553.36	
$	29,553.36	
100.0%	
Delete 1.5" Asphalt type SP-9.5 (1 Lift)	$	(71,379.00)	6,300	SY	$	(11.33)	$	(71,379.00)	100.0%	
Add 2" Asphalt type SP-9.5 (2 lifts)	$	135,387.00	6,300	SY	$	21.49	$	135,387.00	100.0%	
Delete 1" Asphalt, type S-1	$	(3,153.14)	1	LS	$	(3,153.14)	$	(3,153.14)	100.0%	
Delete 12" stabilized subgrade (LBR 40)	$	(2,275.14)	1	LS	$	(2,275.14)	$	(2,275.14)	100.0%	
Delete 6" Limerock Base (LBR 100)	$	(2,527.94)	1	LS	$	(2,527.94)	$	(2,527.94)	100.0%	
Add open road cut & Restoration (Pomelo Dr) Bore
Connection #1	
$	25,480.00	
980	
SY	
$	26.00	
$	25,480.00	
100.0%	
Add remove and replace F curb (Pomelo Dr)	$	50,003.80	764	LF	$	65.45	$	50,003.80	100.0%	
Add sod (bahia) restoration (Pomelo Dr)	$	945.00	350	SY	$	2.70	$	945.00	100.0%	
Add 9'x13' Apron (Pomelo Dr)	$	2,564.10	1	LS	$	2,564.10	$	2,564.10	100.0%	
Add 5'x18' Apron (Pomelo Dr)	$	1,923.08	1	LS	$	1,923.08	$	1,923.08	100.0%	
Add Handicap ramp (Pomelo Dr)	$	2,250.00	1	EA	$	2,250.00	$	2,250.00	100.0%	
Add residence access (7211 Pomelo Dr)	$	7,127.23	1	LS	$	7,127.23	$	7,127.23	100.0%	
Add open road cut &restoration (Orange County service
road)Bore connection #3	
$	24,279.50	
350	
SY	
$	69.37	
$	24,279.50	
100.0%	
Add remove and replace valley curb (Orange County Service
road)	
$	3,525.50	
50	
LF	
$	70.51	
$	3,525.50	
100.0%	

Add sod (bahia) restoration (Orange County Service road)	
$	216.00	
80	
SY	
$	2.70	
$	216.00	
100.0%	

DESCRIPTION	CONTRACT AMOUNT	REQ.	UNIT	UNIT	REQUISITION	REQ #1
QTY	COST	AMOUNT	%	
Add maintenance of traffic services	$	16,100.00	1	EA	$	16,100.00	$	16,100.00	100.0%	
Add 12" stabilized subgrade (LBR 40)	$	2,275.14	1	LS	$	2,275.14	$	2,275.14	100.0%	
Add 6" Limerock Base (LBR 100)	$	2,527.94	1	LS	$	2,527.94	$	2,527.94	100.0%	
Add maintenance of traffic services	$	7,886.10	1	LS	$	7,886.10	$	7,886.10	100.0%	
Delete open road cut & restoration (Pomelo Dr) bore
connection #1	
$	(25,480.00)	
980	
SY	
$	(26.00)	
$	(25,480.00)	
100.0%	
Delete Remove and replace F curb (Pomelo Dr)	$	(50,003.80)	764	LF	$	(65.45)	$	(50,003.80)	100.0%	
Delete Sod (Bahia) restoration (Pomelo Dr)	$	(945.00)	350	SY	$	(2.70)	$	(945.00)	100.0%	
Delete 9'x13' apron (Pomelo Dr)	$	(2,564.10)	1	LS	$	(2,564.10)	$	(2,564.10)	100.0%	
Delete 5'x18' Apron (Pomelo Dr)	$	(1,923.08)	1	LS	$	(1,923.08)	$	(1,923.08)	100.0%	
Delete handicap ramp (Pomelo Dr)	$	(2,250.00)	1	EA	$	(2,250.00)	$	(2,250.00)	100.0%	
Delete residence Access (7211 Pomelo Dr)	$	(7,127.23)	1	LS	$	(7,127.23)	$	(7,127.23)	100.0%	
Delete Open road cut & restoration (Orange County Service
Road) Bore connection #3	
$	(24,279.50)	
350	
SY	
$	(69.37)	
$	(24,279.50)	
100.0%	
Delete remove and replace valley curb (Orange County
Service Road)	
$	(3,525.50)	
50	
LF	
$	(70.51)	
$	(3,525.50)	
100.0%	

Delete sod (Bahia) restoration (Orange County Service Road)	
$	(216.00)	
80	
SY	
$	(2.70)	
$	(216.00)	
100.0%	
Delete Maintenance of Traffic Services	$	(16,100.00)	1	EA	$	(16,100.00)	$	(16,100.00)	100.0%	
					$	-	#DIV/0!	
Subtotal	$	2,280,956.68	Subtotal	$	2,280,956.68	100.0%	
Potable Water Distribution System (Phase 1)
12" DIP w/Casing (Pipe Jack)	$	67,452.99	141	LF	$	478.39	$	67,452.99	100.0%	
12" DIP Water Main	$	61,317.15	1,213	LF	$	50.55	$	61,317.15	100.0%	
12" Gate Valves	$	9,335.84	4	EA	$	2,333.96	$	9,335.84	100.0%	
8" DIP Water Main	$	155,278.40	4,535	LF	$	34.24	$	155,278.40	100.0%	
8" Gate Valves	$	21,893.04	18	EA	$	1,216.28	$	21,893.04	100.0%	
8" PVC DR-18 Water Main	$	37,968.48	2,068	LF	$	18.36	$	37,968.48	100.0%	
Connect to Existing Water main	$	12,383.28	2	EA	$	6,191.64	$	12,383.28	100.0%	
Fire Hydrant Assembly (Includes Gate Valve & Tee)	$	59,332.92	12	EA	$	4,944.41	$	59,332.92	100.0%	
Miscellaneous Fittings	$	66,311.03	1	LS	$	66,311.03	$	66,311.03	100.0%	
Temporary Blow-Off Assembly	$	10,316.58	6	EA	$	1,719.43	$	10,316.58	100.0%	
Water Main Testing	$	5,459.56	1	LS	$	5,459.56	$	5,459.56	100.0%	
Add FDC	$	47,042.20	5	EA	$	9,408.44	$	47,042.20	100.0%	
Delete 8" DIP water main	$	(39,439.60)	344	LF	$	(114.65)	$	(39,439.60)	100.0%	
Delete Temporary Blow-off Assembly	$	(3,273.46)	2	EA	$	(1,636.73)	$	(3,273.46)	100.0%	
Delete 8" Gate Valve	$	(2,288.28)	2	EA	$	(1,144.14)	$	(2,288.28)	100.0%	
Add 10" Gate Valves	$	5,567.62	2	EA	$	2,783.81	$	5,567.62	100.0%	
Add 10" DIP water main	$	14,929.60	344	LF	$	43.40	$	14,929.60	100.0%	
Add 12"x12" wet tap/connect to existing water main	$	9,164.28	1	EA	$	9,164.28	$	9,164.28	100.0%	
Delete 8" DIP water main	$	27,661.04	344	LF	$	80.41	$	27,661.04	100.0%	
Delete Temporary Blow-off Assembly	$	(165.40)	2	EA	$	(82.70)	$	(165.40)	100.0%	
Delete 8" Gate Valve	$	(144.28)	2	EA	$	(72.14)	$	(144.28)	100.0%	
Delete 12" DIP w/20" casing (pipe jack)	$	(67,452.99)	141	LF	$	(478.39)	$	(67,452.99)	100.0%	
Add 12" DIP w/24" casing (pipe jack)	$	83,047.59	141	LF	$	588.99	$	83,047.59	100.0%	
4" PVC (DR-18)	$	3,720.60	390	LF	$	9.54	$	3,720.60	100.0%	
6" DIP	$	3,211.80	101	LF	$	31.80	$	3,211.80	100.0%	
6" PVC (DR-14)	$	1,790.88	112	LF	$	15.99	$	1,790.88	100.0%	
Pressure Testing	$	885.22	1	LS	$	885.22	$	885.22	100.0%	

DESCRIPTION	CONTRACT AMOUNT	REQ.	UNIT	UNIT	REQUISITION QTY		 COST		AMOUNT	REQ #1
%	
Valves and Fittings	$	5,018.64	1	LS	$	5,018.64	$	5,018.64	100.0%	
Subtotal	$	596,324.73	Subtotal	$	596,324.73	100.0%	
Wastewater System (Phase 1)
8" PVC Pipe	$	47,638.80	2,970	LF	$	16.04	$	47,638.80	100.0%	
10" PVC Pipe	$	15,347.00	745	LF	$	20.60	$	15,347.00	100.0%	
12" PVC Pipe	$	32,595.12	1,224	LF	$	26.63	$	32,595.12	100.0%	
15" PVC Pipe	$	1,915.05	51	LF	$	37.55	$	1,915.05	100.0%	
Dewatering for Sanitary	$	49,026.47	1	LS	$	49,026.47	$	49,026.47	100.0%	
Sanitary line testing	$	29,012.77	1	LS	$	29,012.77	$	29,012.77	100.0%	
Sanitary Manhole	$	147,946.77	27	EA	$	5,479.51	$	147,946.77	100.0%	
2" Lift Station Service w/BFP	$	2,258.75	1	EA	$	2,258.75	$	2,258.75	100.0%	
Lift Station Assembly & Compound	$	323,156.08	1	LS	$	255,844.33	$	255,844.33	79.2%	
Lift Station Dewatering	$	13,812.60	1	LS	$	13,812.60	$	13,812.60	100.0%	
12" PVC Pipe	$	37,115.82	1,134	LF	$	32.73	$	37,115.82	100.0%	
Forcemain Fittings	$	18,304.28	1	LS	$	18,304.28	$	18,304.28	100.0%	
Forcemain Testing	$	2,011.22	1	LS	$	2,011.22	$	2,011.22	100.0%	
Delete 12" PVC Pipe	$	(35,184.75)	1,075	LF	$	(32.73)	$	(35,184.75)	100.0%	
Add 8" PVC pipe	$	31,605.00	1,075	LF	$	29.40	$	31,605.00	100.0%	
Add 6" PVC pipe (DR-14)	$	15,645.30	605	LF	$	25.86	$	15,645.30	100.0%	
Delete 8" PVC	$	(2,940.00)	100	LF	$	(29.40)	$	(2,940.00)	100.0%	
Delete 6" PVC labor	$	(4,611.75)	645	LF	$	(7.15)	$	(4,611.75)	100.0%	
Delete 8" PVC labor	$	(154.35)	21	LF	$	(7.35)	$	(154.35)	100.0%	
Delete connect to existing sanitary manhole	$	(17,267.67)	1	EA	$	(17,267.67)	$	(17,267.67)	100.0%	
Delete 8" PVC pipe	$	(2,940.00)	100	LF	$	(29.40)	$	(2,940.00)	100.0%	
Delete 12" HDPE DR-11 directional drill	$	(464,612.61)	3,409	LF	$	(136.29)	$	(464,612.61)	100.0%	
Add Manhole	$	41,997.90	1	EA	$	41,997.90	$	41,997.90	100.0%	
Add Connect to existing pipe	$	2,488.52	2	EA	$	1,244.26	$	2,488.52	100.0%	
Add dewatering (S-1 install)	$	12,980.40	120	LF	$	108.17	$	12,980.40	100.0%	
Add Bypass pump for forcemain (S-1 install)	$	75,708.48	12	DAY	$	6,309.04	$	75,708.48	100.0%	
Add Build a Box	$	4,839.69	1	EA	$	4,839.69	$	4,839.69	100.0%	
Add CIP liner (#F32070014-#F32070013)	$	71,538.46	1	LS	$	71,538.46	$	71,538.46	100.0%	
Add 8" PVC pipe	$	19,923.20	320	LF	$	62.26	$	19,923.20	100.0%	
Add 8" plug valve (in lieu of 12")	$	9,185.52	4	EA	$	2,296.38	$	9,185.52	100.0%	
Add 12" HDPE DR-11 directional drill	$	378,739.90	3,409	LF	$	111.10	$	378,739.90	100.0%	
Add Air Release Valve & Vault	$	57,033.60	4	EA	$	14,258.40	$	57,033.60	100.0%	
Add Connect to Existing bore	$	26,859.88	4	EA	$	6,714.97	$	26,859.88	100.0%	
Add 1" PVC Sch 40	$	559.00	50	LF	$	11.18	$	559.00	100.0%	
Add connect to existing sanitary manhole	$	17,267.67	1	EA	$	17,267.67	$	17,267.67	100.0%	
Add 8" PVC pipe	$	2,940.00	100	LF	$	29.40	$	2,940.00	100.0%	
Add 12" HDPE DR-11 directional drill	$	464,612.61	3,409	LF	$	136.29	$	464,612.61	100.0%	
Add 1" asphalt, type S-1	$	3,153.14	1	LS	$	3,153.14	$	3,153.14	100.0%	
Delete manhole	$	(41,997.90)	1	EA	$	(41,997.90)	$	(41,997.90)	100.0%	
Delete connect to existing pipe	$	(2,488.52)	2	EA	$	(1,244.26)	$	(2,488.52)	100.0%	
Delete dewatering (S-1 install)	$	(12,980.40)	120	LF	$	(108.17)	$	(12,980.40)	100.0%	
Delete bypass pump for forcemain (S-1 install)	$	(75,708.48)	12	DAY	$	(6,309.04)	$	(75,708.48)	100.0%	
Delete build a box	$	(4,839.69)	1	EA	$	(4,839.69)	$	(4,839.69)	100.0%	
Delete CIP liner (#F32070014-#F32070013)	$	(71,538.46)	1	LS	$	(71,538.46)	$	(71,538.46)	100.0%	
Delete 8" PVC pipe	$	(19,923.20)	320	LF	$	(62.26)	$	(19,923.20)	100.0%	

DESCRIPTION	CONTRACT AMOUNT	REQ.	UNIT	UNIT	REQUISITION	REQ #1
QTY	COST	AMOUNT	%	
Delete 8" plug valve (in lieu of 12")	$	(9,185.52)	4	EA	$	(2,296.38)	$	(9,185.52)	100.0%	
Delete 12" HDPE DR-11 directional drill	$	(378,739.90)	3,409	LF	$	(111.10)	$	(378,739.90)	100.0%	
Delete Air Release Valve & Vault	$	(57,033.60)	4	EA	$	(14,258.40)	$	(57,033.60)	100.0%	
Delete connect to existing bore	$	(26,859.88)	4	EA	$	(6,714.97)	$	(26,859.88)	100.0%	
Subtotal	$	728,212.32	Subtotal	$	660,900.57	90.8%	
Stormwater System (Phase 1)
15" Class III RCP	$	35,939.70	1,377	LF	$	26.10	$	35,939.70	100.0%	
18" Class III RCP	$	31,723.16	938	LF	$	33.82	$	31,723.16	100.0%	
24" Class III RCP	$	28,464.96	597	LF	$	47.68	$	28,464.96	100.0%	
30" Class III RCP	$	79,986.87	1,173	LF	$	68.19	$	79,986.87	100.0%	
36" Class III RCP	$	100,912.42	1,121	LF	$	90.02	$	100,912.42	100.0%	
42" Class III RCP	$	92,046.64	779	LF	$	118.16	$	92,046.64	100.0%	
48" Class III RCP	$	10,164.70	65	LF	$	156.38	$	10,164.70	100.0%	
6" PVC	$	19,077.66	2,058	LF	$	9.27	$	19,077.66	100.0%	
8" PVC	$	1,201.48	98	LF	$	12.26	$	1,201.48	100.0%	
10" PVC	$	231.42	14	LF	$	16.53	$	231.42	100.0%	
Dewatering for storm	$	59,440.91	1	LS	$	59,440.91	$	59,440.91	100.0%	
Storm Manhole	$	78,322.32	18	EA	$	4,351.24	$	78,322.32	100.0%	
Type "F" Inlet	$	37,943.00	10	EA	$	3,794.30	$	37,943.00	100.0%	
Type 1 Curb Inlet	$	25,388.48	4	EA	$	6,347.12	$	25,388.48	100.0%	
Type 2 Curb Inlet	$	6,629.18	1	EA	$	6,629.18	$	6,629.18	100.0%	
Type 4 Curb Inlet	$	113,869.12	16	EA	$	7,116.82	$	113,869.12	100.0%	
Type 'C' Inlet	$	6,875.67	3	EA	$	2,291.89	$	6,875.67	100.0%	
Type 'D' Inlet	$	5,468.22	1	EA	$	5,468.22	$	5,468.22	100.0%	
Add crew to reset structures 2-13 & 2-14	$	7,065.56	2	DAY	$	3,532.78	$	7,065.56	100.0%	
Add crew to reset structures 2-5 & 2-7	$	7,065.56	2	DAY	$	3,532.78	$	7,065.56	100.0%	
90" CMP Culvert	$	146,291.34	274	LF	$	533.91	$	146,291.34	100.0%	
Storm dewatering	$	17,093.56	1	LS	$	17,093.56	$	17,093.56	100.0%	
42" Concrete Barrier Wall w/Pedestrian Railing	$	92,531.40	260	LF	$	355.89	$	92,531.40	100.0%	
Concrete Headwall (Roadway Crossing)	$	215,067.56	2	EA	$	107,533.78	$	215,067.56	100.0%	
Concrete Headwall (Sidewalk Crossing)	$	168,866.88	2	EA	$	84,433.44	$	168,866.88	100.0%	
15" Class III RCP	$	3,035.72	116	LF	$	26.17	$	3,035.72	100.0%	
18" Class III RCP	$	3,123.01	89	LF	$	35.09	$	3,123.01	100.0%	
24" Class III RCP	$	58,972.45	1,255	LF	$	46.99	$	58,972.45	100.0%	
30" Class III RCP	$	16,860.90	245	LF	$	68.82	$	16,860.90	100.0%	
36" Class III RCP	$	64,412.20	727	LF	$	88.60	$	64,412.20	100.0%	
42" Class III RCP	$	36,807.75	315	LF	$	116.85	$	36,807.75	100.0%	
48" Class III RCP	$	10,150.40	64	LF	$	158.60	$	10,150.40	100.0%	
54" Class III RCP	$	50,726.12	281	LF	$	180.52	$	50,726.12	100.0%	
60" Class III RCP	$	12,103.00	50	LF	$	242.06	$	12,103.00	100.0%	
Dewatering	$	30,869.97	1	LS	$	30,869.97	$	30,869.97	100.0%	
Cleaning and Inspection	$	8,829.02	3,142	LF	$	2.81	$	8,829.02	100.0%	
FDOT Type "2" Curb Inlet	$	6,611.40	1	EA	$	6,611.40	$	6,611.40	100.0%	
FDOT Type "4" Curb Inlet	$	20,880.42	2	EA	$	10,440.21	$	20,880.42	100.0%	
RCP MES: 15"	$	1,800.14	2	EA	$	900.07	$	1,800.14	100.0%	
RCP MES: 18"	$	1,018.74	1	EA	$	1,018.74	$	1,018.74	100.0%	
RCP MES: 24"	$	6,828.30	5	EA	$	1,365.66	$	6,828.30	100.0%	
RCP MES: 30"	$	4,838.44	2	EA	$	2,419.22	$	4,838.44	100.0%	

DESCRIPTION	CONTRACT AMOUNT	REQ.	UNIT	UNIT	REQUISITION	REQ #1
QTY	COST	AMOUNT	%	
RCP MES: 36"	$	14,912.20	5	EA	$	2,982.44	$	14,912.20	100.0%	
RCP MES: 42"	$	13,852.64	4	EA	$	3,463.16	$	13,852.64	100.0%	
RCP MES: 48"	$	4,196.97	1	EA	$	4,196.97	$	4,196.97	100.0%	
RCP MES: 54"	$	13,404.36	2	EA	$	6,702.18	$	13,404.36	100.0%	
RCP MES: 60"	$	9,818.51	1	EA	$	9,818.51	$	9,818.51	100.0%	
Type "C" Inlet	$	4,324.04	2	EA	$	2,162.02	$	4,324.04	100.0%	
Tyoe "D" Control Structure	$	14,078.40	2	EA	$	7,039.20	$	14,078.40	100.0%	
Type "H" Control Structure	$	24,350.88	3	EA	$	8,116.96	$	24,350.88	100.0%	
Type "J" Manhole	$	23,193.50	5	EA	$	4,638.70	$	23,193.50	100.0%	
Type "J" Manhole w/grate top	$	5,155.69	1	EA	$	5,155.69	$	5,155.69	100.0%	
Type "P" Manhole	$	19,627.51	7	EA	$	2,803.93	$	19,627.51	100.0%	
Type "P" Manhole w/grate top	$	9,873.24	3	EA	$	3,291.08	$	9,873.24	100.0%	
Delete type "J" Manholes	$	(4,638.70)	1	EA	$	(4,638.70)	$	(4,638.70)	100.0%	
Add type "J" Manholes	$	7,695.20	1	EA	$	7,695.20	$	7,695.20	100.0%	
Subtotal	$	1,885,380.19	Subtotal	$	1,885,380.19	100.0%	
Electrical Undergrounding (Phase 1)
Add 3" Power Conduit Sleeves	$	4,596.00	240	LF	$	19.15	$	4,596.00	100.0%	
Add 2 inch Sch 40 PVC	$	8,900.00	1,000	LF	$	8.90	$	8,900.00	100.0%	
Add 3 inch Sch 40 PVC	$	301,392.00	25,200	LF	$	11.96	$	301,392.00	100.0%	
Add 6 inch Sch 40 PVC	$	404,800.00	20,000	LF	$	20.24	$	404,800.00	100.0%	
Add 3 Phase Transformer pads	$	17,312.50	5	EA	$	3,462.50	$	17,312.50	100.0%	
Add 5'x7' pull box	$	48,187.50	3	EA	$	16,062.50	$	48,187.50	100.0%	
Add 6" x 15" manhole	$	114,687.48	3	EA	$	38,229.16	$	114,687.48	100.0%	
Add 6-10" x 7-7" PME	$	18,570.00	2	EA	$	9,285.00	$	18,570.00	100.0%	
Add Secondary Junction box	$	23,481.30	15	EA	$	1,565.42	$	23,481.30	100.0%	
Add 2 inch Sch 40 PVC	$	2,460.00	1,000	LF	$	2.46	$	2,460.00	100.0%	
Add 3 inch Sch 40 PVC	$	83,160.00	25,200	LF	$	3.30	$	83,160.00	100.0%	
Add 6 inch Sch 40 PVC	$	49,000.00	20,000	LF	$	2.45	$	49,000.00	100.0%	
Add riser	$	4,525.52	2	EA	$	2,262.76	$	4,525.52	100.0%	
Add 2" PVC Sch 40	$	96,390.00	7,000	LF	$	13.77	$	96,390.00	100.0%	
Add streetlight junction boxes	$	82,791.00	100	EA	$	827.91	$	82,791.00	100.0%	
Add secondary junction boxes	$	4,221.04	4	EA	$	1,055.26	$	4,221.04	100.0%	
Subtotal	$	1,264,474.34	Subtotal	$	1,264,474.34	100.0%	

Phase 1 Total	$	6,648,009.55	
Phase 1 Retainage Reduction (5%)	$	332,400.48	
Phase 1 Grand Total	$	6,315,609.07	

DESCRIPTION

CONTRACT AMOUNT

REQ.
QTY

UNIT

UNIT
COST

REQUISITION
AMOUNT

REQ #1
%

Roadway (Phase 2)
6" Limerock Base (LBR 100)	$	274,551.00	26,450	SY	$	10.38	$	274,551.00	100.0%	
10" Limerock Base (LBR 100)	$	2,550.00	150	SY	$	17.00	$	2,550.00	100.0%	
1.5" Asphalt, Type SP-9.5 (1 Lift)	$	348,611.00	26,450	SY	$	13.18	$	348,611.00	100.0%	
12" Stablized Subgrade (LBR 40)	$	138,813.75	30,375	SY	$	4.57	$	138,813.75	100.0%	
2.5" Asphalt, Type SP-12.5 (1 Lift)	$	3,849.00	150	SY	$	25.66	$	3,849.00	100.0%	
4" Sidewalk (unreinforced)	$	19,532.10	4,970	SF	$	3.93	$	19,532.10	100.0%	
4" Sidwalk 7' w/ Thickened Edge	$	329,323.75	53,375	SF	$	6.17	$	329,323.75	100.0%	
Handicap Reamps with Truncated Domes	$	77,663.59	43	EA	$	1,806.13	$	77,663.59	100.0%	
Maintenance of Traffic Services	$	5,645.17	1	LS	$	5,645.17	$	5,645.17	100.0%	
Miami Curb	$	64,269.00	4,825	LF	$	13.32	$	64,269.00	100.0%	
Type "D" Curb	$	38,698.00	2,200	LF	$	17.59	$	38,698.00	100.0%	
Type "F" Curb and Gutter	$	73,612.50	4,530	LF	$	16.25	$	73,612.50	100.0%	
Striping and signage	$	52,691.16	1	LS	$	52,691.16	$	52,691.16	100.0%	
Sod (Common & Disturbed Areas)	$	27,756.00	10,800	SY	$	2.57	$	27,756.00	100.0%	
Subtotal	$	1,457,566.02	Subtotal	$	1,457,566.02	100.0%	
Potable Water Distribution System (Phase 2)
4" PVC (DR-18)	$	4,486.71	347	LF	$	12.93	$	4,486.71	100.0%	
8" DIP	$	126,013.50	3,075	LF	$	40.98	$	126,013.50	100.0%	
8" Gate Valves	$	2,979.90	2	EA	$	1,489.95	$	2,979.90	100.0%	
Connect to Existing Water Main w/Temp jump	$	6,451.49	1	LS	$	6,451.49	$	6,451.49	100.0%	
Fire Hydrant Assembly Connect to Existing Line	$	45,156.66	6	EA	$	7,526.11	$	45,156.66	100.0%	
Fire Hydrant Assembly (Includes Gate Valve & Tee)	$	38,948.49	7	EA	$	5,564.07	$	38,948.49	100.0%	
8"x4" Wet Tap Connect to Existing Line	$	120,175.65	21	EA	$	5,722.65	$	120,175.65	100.0%	
Miscellaneous Fittings	$	35,045.37	1	LS	$	35,045.37	$	35,045.37	100.0%	
Water Main Testing	$	2,826.98	3,406	LF	$	0.83	$	2,826.98	100.0%	
4" PVC (DR-14)	$	18,849.60	1,320	LF	$	14.28	$	18,849.60	100.0%	
8" PVC	$	3,235.51	1	EA	$	3,235.51	$	3,235.51	100.0%	
FDC	$	17,242.10	10	EA	$	1,724.21	$	17,242.10	100.0%	
Valves and Fittings	$	28,927.46	1	LS	$	28,927.46	$	28,927.46	100.0%	
Pressure Testing	$	904.69	1	LS	$	904.69	$	904.69	100.0%	
Delete 4" PVC (DR-14)	$	(18,849.60)	1,320	LF	$	(14.28)	$	(18,849.60)	100.0%	
Delete Fittings & restraints	$	(22,174.41)	1	EA	$	(22,174.41)	$	(22,174.41)	100.0%	
Delete FDC	$	(17,242.10)	10	EA	$	(1,724.21)	$	(17,242.10)	100.0%	
Delete 8"x 4" wet tap to connect to existing line	$	(28,613.25)	5	EA	$	(5,722.65)	$	(28,613.25)	100.0%	
Add 6" PVC (DR-14)	$	70,347.96	2,458	LF	$	28.62	$	70,347.96	100.0%	
Add double detector backflow	$	78,379.55	5	EA	$	15,675.91	$	78,379.55	100.0%	
Add fittings & restraints	$	53,704.55	1	EA	$	53,704.55	$	53,704.55	100.0%	
Add 6" FDC	$	30,227.80	10	EA	$	3,022.78	$	30,227.80	100.0%	
Add 8" x 6" wet tap	$	37,069.50	5	EA	$	7,413.90	$	37,069.50	100.0%	
Add Manhole (MH7)	$	12,504.00	1	EA	$	12,504.00	$	12,504.00	100.0%	
Add 10" PVC (MH7 - MH6)	$	3,377.32	23	LF	$	146.84	$	3,377.32	100.0%	
Add Core Drill Structures (6a)	$	2,011.84	1	LS	$	2,011.84	$	2,011.84	100.0%	
Add TV Video	$	52.90	23	LF	$	2.30	$	52.90	100.0%	
Add Air Test	$	1,258.76	1	LS	$	1,258.76	$	1,258.76	100.0%	
Add dewater/ well pointing	$	290.72	23	LF	$	12.64	$	290.72	100.0%	
Subtotal	$	653,589.65	Subtotal	$	653,589.65	100.0%	

DESCRIPTION

CONTRACT AMOUNT

REQ.
QTY

UNIT

UNIT
COST

REQUISITION
AMOUNT

REQ #1
%

Stormwater System (Phase 2)
15" Class III RCP	$	34,358.31	1,113	LF	$	30.87	$	34,358.31	100.0%	
18" Class III RCP	$	4,761.66	122	LF	$	39.03	$	4,761.66	100.0%	
24" Class III RCP	$	36,992.76	658	LF	$	56.22	$	36,992.76	100.0%	
30" Class III RCP	$	52,024.98	679	LF	$	76.62	$	52,024.98	100.0%	
36" Class III RCP	$	41,602.86	414	LF	$	100.49	$	41,602.86	100.0%	
48" Class III RCP	$	49,345.28	304	LF	$	162.32	$	49,345.28	100.0%	
Cleanout Assembly	$	28,365.52	136	EA	$	208.57	$	28,365.52	100.0%	
Cleaning and Inspection	$	9,604.92	3,406	LF	$	2.82	$	9,604.92	100.0%	
Dewatering	$	33,583.16	3,406	LF	$	9.86	$	33,583.16	100.0%	
Connect to existing	$	37,701.66	6	EA	$	6,283.61	$	37,701.66	100.0%	
8" PVC (SDR-35) Storm Pipe	$	5,089.14	294	LF	$	17.31	$	5,089.14	100.0%	
6" PVC (SDR-35) Storm Pipe	$	43,485.68	3,752	LF	$	11.59	$	43,485.68	100.0%	
FDOT Type "J-4" Curb Inlet	$	53,607.36	6	EA	$	8,934.56	$	53,607.36	100.0%	
FDOT Type "P-4" Curb Inlet	$	51,478.00	8	EA	$	6,434.75	$	51,478.00	100.0%	
Type "F" Inlet	$	30,504.18	7	EA	$	4,357.74	$	30,504.18	100.0%	
Type "J" Manhole	$	28,429.96	4	EA	$	7,107.49	$	28,429.96	100.0%	
Type "P" Manhole	$	7,142.06	2	EA	$	3,571.03	$	7,142.06	100.0%	
Type 'C' Inlet	$	26,646.75	9	EA	$	2,960.75	$	26,646.75	100.0%	
Type 'D' Inlet	$	4,580.70	1	EA	$	4,580.70	$	4,580.70	100.0%	
30" Class III RCP	$	8,841.52	116	LF	$	76.22	$	8,841.52	100.0%	
90" CMP Culvert w/rip rap	$	145,567.50	150	LF	$	970.45	$	145,567.50	100.0%	
FDOT Type "P-4" Curb Inlet	$	26,927.80	4	EA	$	6,731.95	$	26,927.80	100.0%	
Type "C" Inlet (6-8' cut)	$	7,620.50	2	EA	$	3,810.25	$	7,620.50	100.0%	
Type "C" Inlet (8-10' cut)	$	9,065.16	2	EA	$	4,532.58	$	9,065.16	100.0%	
Delete FDOT type "P-4" curb inlet (1-7)(1-11)(1-10)(1-
6)(labor)	
$	(3,058.00)	
4	
EA	
$	(764.50)	
$	(3,058.00)	
100.0%	
Delete Type "C" inlet (1-5)(1-8)(labor)	$	(1,223.20)	2	EA	$	(611.60)	$	(1,223.20)	100.0%	
Delete Type "C" inlet (1-9)(1-12)(labor)	$	(1,529.00)	2	EA	$	(764.50)	$	(1,529.00)	100.0%	
Delete 30" RCP (labor)	$	(1,308.30)	89	LF	$	(14.70)	$	(1,308.30)	100.0%	
Add type "P" Curb inlets (1-6)(removed throat & top since
onsite will work)	
$	4,572.46	
1	
EA	
$	4,572.46	
$	4,572.46	
100.0%	
Add type "J" Curb inlets (1-7)(removed throat & top since
onsite will work)	
$	8,362.00	
1	
EA	
$	8,362.00	
$	8,362.00	
100.0%	
Add type "P" Curb inlets (1-10)(removed throat & top since
onsite will work)	
$	5,255.36	
1	
EA	
$	5,255.36	
$	5,255.36	
100.0%	
Add type "J" Curb inlets (1-11)(removed throat & top since
onsite will work)	
$	9,316.47	
1	
EA	
$	9,316.47	
$	9,316.47	
100.0%	
Add type "E" Inlets (1-5)(1-9)	$	11,678.16	2	EA	$	5,839.08	$	11,678.16	100.0%	
Add type "J" Manholes (1-13)	$	9,979.43	1	EA	$	9,979.43	$	9,979.43	100.0%	
Add type "J" Manholes (1-14)	$	10,939.11	1	EA	$	10,939.11	$	10,939.11	100.0%	
Add core drill Structures (1-1)	$	2,011.84	1	EA	$	2,011.84	$	2,011.84	100.0%	
Add 15" RCP	$	1,529.70	30	LF	$	50.99	$	1,529.70	100.0%	
Add 15" RCP (8-10')	$	1,588.75	31	LF	$	51.25	$	1,588.75	100.0%	
Add 36" RCP	$	60,851.64	349	LF	$	174.36	$	60,851.64	100.0%	
Add 42" RCP	$	130,090.29	561	LF	$	231.89	$	130,090.29	100.0%	
Add Haul off Structures	$	2,850.94	1	LS	$	2,850.94	$	2,850.94	100.0%	
Add cleaning & inspection	$	2,874.16	971	LF	$	2.96	$	2,874.16	100.0%	
Add dewater/well pointing	$	12,273.44	971	LF	$	12.64	$	12,273.44	100.0%	
Subtotal	$	1,044,382.67	Subtotal	$	1,044,382.67	100.0%	

DESCRIPTION

CONTRACT AMOUNT

REQ.
QTY

UNIT

UNIT
COST

REQUISITION
AMOUNT

REQ #1
%

Phase 2 Total	$	3,155,538.34	
Phase 2 Retainage Reduction (5.05%)	$	159,656.07	
Phase 2 Grand Total	$	2,995,882.27	

TOTAL (Phase 1 & 2)	$	9,803,547.89	
RETAINAGE REDUCTION (Phase 1 & 2)	$	492,056.54	
GRAND TOTAL (Phase 1 & 2)	$	9,311,491.35	

Section VI

Section A

Section 1

MICHAEL J. BEAUDINE
Jan Albanese Carpenter Daniel H. Coultoff Sarah M. Dinon
Jennifer S. Eden Dorothy F. Green Bruce D. Knapp
Peter G. Latham	201 SOUTH ORANGE AVENUE, SUITE 1400
ORLANDO, FLORIDA 32801 POST OFFICE BOX 3353 ORLANDO, FLORIDA 32802
TELEPHONE: (407) 481-5800
FACSIMILE: (407) 481-5801
WWW.LATHAMLUNA.COM	Jay E. Lazarovich Marc L. Levine Justin M. Luna Lori T. Milvain
Benjamin R. Taylor Christina Y. Taylor Kristen E. Trucco
Daniel A. Velasquez	

To:	CDD Board of Supervisors
From:	District Counsel (Jan Albanese Carpenter, Esq., Jay E. Lazarovich, Esq. and Kristen E. Trucco, Esq.)
Regarding:	Annual Reminder on Florida Laws for Public Officials
Date:	April 2024

Code of Ethics Reminders

“GIFTS LAW”
-BENEFIT TO YOU: public officials are prohibited from accepting or asking for anything of value based upon an understanding that such thing will influence the official’s vote, official action or judgment. Section 112.313(2), Florida Statutes.
-BENEFIT TO SPOUSE/MINOR CHILDREN: a public official, their spouse and minor children are prohibited from accepting anything of value when the public official knows, or under the circumstances should know, that it was given to influence a vote or other official action of the public official. Section 112.313(4), Florida Statutes.

-DISCLOSURE DUTY: a public official must disclose gifts with a value of more than $100 to the Commission on Ethics (on Form 9) unless the gift is from a relative or unless the public official pays the donor an amount to reduce the value of the gift to $100 or less within 90 days of receiving the gift. Section 112.3148(8)(a), Florida Statutes.

MISUSE OF PUBLIC POSITION

-No public official shall corruptly1 use or attempt to use his/her official position or any property or resource which may be within his or her trust, or perform his or her official duties, to secure a special privilege, benefit or exemption for himself/herself, or others. Section 112.313(6), Florida Statutes.

-Recent examples: (1) Florida Commission on Ethics found probable cause to believe that a CDD Supervisor misused her public position by using her official CDD email account to send an email

1 “Corruptly” “means done with a wrongful intent and for the purpose of obtaining, or compensating or receiving compensation for, any benefit resulting from some act or omission of a public servant which is inconsistent with the proper performance of his or her public duties.” See Section 112.312(9), Florida Statutes.

endorsing her preferred candidates for the upcoming homeowners association election; and (2) Florida Commission on Ethics opined that use of City business cards by City Commissioners and a City Mayor for private promotion or gain creates a prohibited conflict of interest under Section 112.313(6), Florida Statutes.

VOTING CONFLICTS
-A public officer must not vote on any measure which would (1) result in his/her special private gain or loss; or (2) which the officer knows would result in a special private gain or loss to:

a principal2 by whom the officer is retained3;
a parent organization or subsidiary of a corporate principal by whom the officer is retained;
a relative (parents, children, spouse, sibling, mother/father-in-law, son/daughter-in-law); and
a business associate (pursuing common commercial/business pursuit for profit and such pursuit is current and ongoing). Example: business partner.
-If you have a voting conflict you should: (1) consult with your CDD’s counsel and/or your CDD’s District Manager; (2) disclose your conflict4; and (3) submit the Commission on Ethics Form 8B within 15 days after the vote occurs to your District Manager so that the form can be incorporated into the minutes.
Quorum & Sunshine Law Reminders

QUORUM
-A majority of the Board of Supervisors must be physically present in order for the Board to take any official action.

-Participation by telephone: Participation by physical presence at Board meetings is expected under the Sunshine law. However, when a quorum of the Board is physically present, a Supervisor may participate by telephone only if the Supervisor’s absence is due to an extraordinary circumstance such as an illness. In the event a Supervisor participates by telephone, the Supervisor must vote on every action unless a voting conflict exists. Likewise, if a Supervisor is participating in person, the Supervisor must vote on every action unless a voting conflict exists.

2 According to the Commission on Ethics, a “principal” excludes a “government agency” and includes: (1) an employer; (2) a client of a legal, accounting, insurance or other professional practice; and (3) a corporation for which the officer serves as a compensated director.
3 Generally speaking, a “principal by whom retained” means for compensation, consideration or similar thing of value.
See Section 112.3143(1)(a), Florida Statutes for the full definition.
4 Although there may be a slight difference on timing and procedure for disclosure of a voting conflict for “Elected Officers” vs. “Appointed Officers,” it is recommended that the conflict be disclosed prior to any discussion on the matter. Further, we caution that discussions on items on which a Supervisor has a voting conflict could potentially be challenged as a violation of the “Misuse of Public Position” rule in Section 112.313(6), Florida Statutes, if the discussion is seen as persuasion or an attempt to influence the Board’s position to secure a special benefit for the Supervisor or others. If you have any questions, please contact counsel to discuss.

SUNSHINE LAW
-Outside of a Board of Supervisors meetings, two or more members of the Board must not discuss any matter on which foreseeable action will be taken by the Board. This applies to in-person, “liaison” and “virtual” discussions, including text messages, emails, telephone calls, online postings (social media) and any other means of communication. Failure to abide to this rule constitutes a Sunshine law violation.

-Best practices: (1) utilize Board meetings for discussions with other Supervisors; (2) refrain from posting about CDD business online and responding/reacting to matters online related to CDD business.
Public Records Reminders

-Chapter 119, Florida Statutes & the Florida Constitution (Article 1, Section 24) guarantees the public a right to access government records.
-Includes all materials (i.e., documents, emails, TEXT MESSAGES, sound recordings, films, maps, books, photographs, tapes, etc.) made or received in connection with the official business of the CDD.

-You are required to keep records for the time period set by the Division of Library Information Services of the Florida Department of State.5 For example, correspondence and memoranda that are associated with administrative practices or routine issues (but do not create a policy/procedure, document the business of a particular program or act as a receipt) are required to be retained for 3 fiscal years.6 Correspondence and memoranda that document policy development, decision-making, or substantive programmatic issues, procedures or activities are required to be retained for 5 fiscal years. For more information on the retention and disposition of records, please contact your CDD’s District Manager.

-Exceptions are very limited. Examples of exemptions: (1) materials related to security and/or fire safety of a facility (including video surveillance and security details); and (2) materials related to active criminal investigations.
-Best Practices: (1) in-person or telephone discussions (except with other Board members); (2) use or create a separate email account for CDD related materials; (3) avoid posting on social media about CDD business (posts can be removed/edited by users and website controller); and (4) avoid using text/social media messaging as they generally cannot be saved.

5 The Records Schedule is accessible at the following URL: https://files.floridados.gov/media/706717/gs1-sl-june- 2023.pdf.
6 October 1st through September 30th.

Section C

Section 1

Storey Drive
Community Development District
Summary of Invoices
January 26, 2024 - February 29, 2024

Fund	Date	Check No.'s	Amount	
General Fund	2/1/24	127-128	$	932.50	
	2/8/24	129	8,066.00	
	2/15/24	130-131	7,571.64	
	2/29/24	132	685.00	
			$	17,255.14	
Payroll	
Febuary 2024			
	Adam Morgan	50054	$	184.70	
	Brent Kewley	50055	$	184.70	
	Joshua Jochims	50056	$	184.70	
	Teresa Diaz	50057	$	184.70	
			$	738.80	
	TOTAL		$ 17,993.94	

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	3/01/24	PAGE	1
*** CHECK DATES 01/26/2024 - 02/29/2024 ***	STOREY DRIVE - GENERAL FUND
BANK A GENERAL FUND
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#
2/01/24 00014	1/31/24 217302	202401 320-53800-47000	*	685.00
AQUATIC PLANT MGMT JAN24

-	-	-	- -	-	-	-	-	-	-	- - - -	
			*							247.50	

APPLIED AQUATIC MANAGEMENT INC	685.00 000127

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/01/24 00007	1/15/24 19-060(8 202312 310-51300-31100
RESEARCH CANAL OWNR/RPR

- - - - - - - -

POULOS & BENNETT LLC	247.50 000128
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/08/24 00011	2/05/24 115972	202402 320-53800-46200	*	8,066.00
LANDSCAPE MAINT FEB24
CHERRYLAKE INC	8,066.00 000129
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/15/24 00001	2/01/24 55	202402 310-51300-34000	*	3,062.50
MANAGEMENT FEES FEB24
2/01/24 55	202402 310-51300-35200	*	100.00
WEBSITE ADMIN FEB24
2/01/24 55	202402 310-51300-35100	*	150.00
INFORMATION TECH FEB24
2/01/24 55	202402 310-51300-31300	*	291.67
DISSEMINATION FEE FEB24
2/01/24 55	202402 310-51300-51000	*	.30
OFFICE SUPPLIES
2/01/24 55	202402 310-51300-42000	*	46.77
POSTAGE
2/01/24 55	202402 310-51300-42500	*	15.60
COPIES
2/01/24 56	202402 320-53800-12000	*	656.25
FIELD MANAGEMENT FEB24
GOVERNMENTAL MANAGEMENT SERVICES	4,323.09 000130
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/15/24 00002	2/14/24 123670	202401 310-51300-31500	*	3,248.55
CANAL/BRDGE RPR/INFRSTRCT
LATHAM, LUNA, EDEN & BEAUDINE, LLP	3,248.55 000131
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/29/24 00014	2/29/24 217991	202402 320-53800-47000	*	685.00
AQUATIC PLANT MGMT FEB24
APPLIED AQUATIC MANAGEMENT INC	685.00 000132
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
TOTAL FOR BANK A	17,255.14
TOTAL FOR REGISTER	17,255.14

STCD STOREY DRIVE	TVISCARRA

Storey Drive
Community Development District
Summary of Invoices
March 1, 2024 - March 27, 2024

Fund	Date	Check No.'s	Amount	
General Fund	3/6/24	133-135	$	13,566.00	
	3/14/24	136-137	8,327.44	
	3/21/24	138-139	4,154.48	
	3/26/24	140	24,223.80	
			$	50,271.72	
	TOTAL		$ 50,271.72	

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	3/27/24	PAGE	1
*** CHECK DATES 03/01/2024 - 03/27/2024 ***	STOREY DRIVE - GENERAL FUND
BANK A GENERAL FUND
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#
3/06/24 00014 11/28/23 215916	202311 320-53800-47000	*	5,500.00
MECH.RMV AQUATIC VEG/TRSH
APPLIED AQUATIC MANAGEMENT INC	5,500.00 000133
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
3/06/24 00011	3/05/24 117223	202403 320-53800-46200	*	8,066.00
LANDSCAPE MAINT MAR24
CHERRYLAKE INC	8,066.00 000134
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
3/06/24 00015	3/01/24 0645768- 202403 310-51300-49100	*	572.90
PROPERTY TAXES 2024-03030
3/01/24 0645768- 202403 310-51300-49100	V	572.90-
PROPERTY TAXES 2024-03030
SCOTT RANDOLPH,ORNGE CTY TAX COLLEC	.00 000135
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
3/14/24 00001	3/01/24 57	202403 310-51300-34000	*	3,062.50
MANAGEMENT FEES MAR24
3/01/24 57	202403 310-51300-35200	*	100.00
WEBSITE ADMIN MAR24
3/01/24 57	202403 310-51300-35100	*	150.00
INFORMATION TECH MAR24
3/01/24 57	202403 310-51300-31300	*	291.67

	3/01/24	
	3/01/24	
	3/01/24	
	3/01/24	
	3/01/24	
	3/01/24	
	3/01/24	

DISSEMINATION FEE MAR24
57	202403 310-51300-51000	*	.18
OFFICE SUPPLIES
57	202403 310-51300-42000	*	9.47
POSTAGE
58	202403 320-53800-12000	*	656.25
FIELD MANAGEMENT MAR24
58A	202401 310-51300-51000	*	14.42
OFFICE DEPOT-W2/W3/1096
58A	202401 310-51300-42000	*	.79 USPS-MAIL W3 FORMS
58A	202401 310-51300-42000	*	.88 USPS-MAIL 941&944 FORMS
58A	202401 310-51300-42000	*	.65
USPS-MAIL 1099 FORMS
GOVERNMENTAL MANAGEMENT SERVICES	4,286.81 000136
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
3/14/24 00012	2/23/24 7236915	202402 310-51300-32300	*	4,040.63
TRUSTEE FEE SER.2022
US BANK	4,040.63 000137
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
3/21/24 00014	3/15/24 218379	202403 320-53800-47000	*	685.00
AQUATIC PLANT MGMT MAR24
APPLIED AQUATIC MANAGEMENT INC	685.00 000138
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
STCD STOREY DRIVE	TVISCARRA

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	3/27/24	PAGE	2
*** CHECK DATES 03/01/2024 - 03/27/2024 ***	STOREY DRIVE - GENERAL FUND
BANK A GENERAL FUND
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#
3/21/24 00010	3/15/24 03152024 202403 300-20700-10000	*	3,469.48
FY24 SPCL ASMNT SER2022
STOREY DRIVE CDD C/O USBANK	3,469.48 000139
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
3/26/24 00016	2/29/24 5242	202402 300-13100-10300	*	24,223.80
REBLD WALL/RPLC SDWK HDRL
THE BRIAR TEAM LLC	24,223.80 000140
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
TOTAL FOR BANK A	50,271.72
TOTAL FOR REGISTER	50,271.72

STCD STOREY DRIVE	TVISCARRA

Section 2

Storey Drive
Community Development District

Unaudited Financial Reporting
February 29, 2024

TABLE OF CONTENTS

1	BALANCE SHEET

2	GENERAL FUND INCOME STATEMENT

3	DEBT SERVICE FUND SERIES 2022

4	CAPITAL PROJECTS FUND SERIES 2022

5	MONTH TO MONTH

6	DEVELOPER CONTRIBUTION SCHEDULE

7	LONG TERM DEBT SUMMARY

8	FY24 ASSESSMENT RECEIPT SCHEDULE

9	CONSTRUCTION SCHEDULE SERIES 2022

Balance Sheet February 29, 2024

	General Fund	Debt Service Fund	Capital Projects Fund	Totals Governmental Funds	
Assets:
Cash - Truist Bank Investments: Series 2022
Reserve Revenue Construction
Due From Developer Due From General Fund Due from Other	

$	324,255

$	-
$	-
$	-
$	14,296
$	-
$	24,224	

$	-

$	268,106
$	571,539
$	-
$	-
$	-
$	-	

$	-

$	-
$	-
$	26,740
$	-
$	-
$	-	

$	324,255

$	268,106
$	571,539
$	26,740
$	14,296
$	-
$	24,224	
Total Assets	$	362,775	$	839,645	$	26,740	$	1,229,160	
Liabilities:
Accounts Payable	

$	34,026	

$	-	

$	-	

$	34,026	
Total Liabilities	$	34,026	$	-	$	-	$	34,026	

Fund Balances:
Restricted For Debt Service Assigned For Capital Reserves Unassigned	

$	-
$	-
$	328,749	

$	839,645
$	-
$	-	

$	-
$	26,740
$	-	

$	839,645
$	26,740
$	328,749	
Total Fund Balances	$	328,749	$	839,645	$	26,740	$	1,195,134	
					
Total Liabilities & Fund Equity	$	362,775	$	839,645	$	26,740	$	1,229,160	

General Fund
Statement of Revenues, Expenditures, and Changes in Fund Balance For The Period Ending February 29, 2024

Adopted	Prorated Budget	Actual	
Budget	Thru 02/29/24	Thru 02/29/24	Variance	

Revenues:		
Special Assessments	$	313,137	$	313,137	$	319,134	$	5,997	
Total Revenues	$	313,137	$	313,137	$	319,134	$	5,997	

Expenditures:					
Administrative:					
Supervisor Fees	$	12,000	$	5,000	$	1,600	$	3,400	
FICA Expense	$	918	$	383	$	122	$	260	
Engineering Fees	$	12,000	$	5,000	$	413	$	4,588	
Attorney	$	25,000	$	10,417	$	5,851	$	4,566	
Arbitrage	$	450	$	-	$	-	$	-	
Dissemination	$	3,500	$	1,458	$	1,458	$	(0)	
Annual Audit	$	3,600	$	-	$	-	$	-	
Trustee Fees	$	5,000	$	4,041	$	4,041	$	-	
Assessment Administration	$	5,250	$	5,250	$	5,250	$	-	
Management Fees	$	36,750	$	15,313	$	15,313	$	-	
Information Technology	$	1,800	$	750	$	750	$	-	
Website Maintenance	$	1,200	$	500	$	500	$	-	
Telephone	$	75	$	31	$	-	$	31	
Postage	$	500	$	208	$	109	$	100	
Insurance	$	5,915	$	5,915	$	5,590	$	325	
Printing & Binding	$	500	$	208	$	75	$	133	
Legal Advertising	$	2,835	$	1,181	$	685	$	497	
Other Current Charges	$	600	$	250	$	87	$	163	
Office Supplies	$	150	$	63	$	15	$	47	
Dues, Licenses & Subscriptions	$	175	$	175	$	175	$	-	
Total Administrative:	$	118,218	$	56,142	$	42,033	$	14,109	
Operations & Maintenance					
Field Operations	$	7,875	$	3,281	$	3,281	$	-	
Property Insurance	$	5,000	$	5,000	$	-	$	5,000	
Electric	$	3,500	$	1,458	$	-	$	1,458	
Water & Sewer	$	20,000	$	8,333	$	-	$	8,333	
Landscape Maintenance	$	134,304	$	55,960	$	40,330	$	15,630	
Landscape Contingency	$	2,500	$	1,042	$	-	$	1,042	
Irrigation Repairs	$	2,500	$	1,042	$	-	$	1,042	
Lake Maintenance	$	8,220	$	3,425	$	8,925	$	(5,500)	
Pressure Washing	$	5,000	$	2,083	$	-	$	2,083	
Repairs & Maintenance	$	3,520	$	1,467	$	-	$	1,467	
Contingency	$	2,500	$	1,042	$	-	$	1,042	
Total Operations & Maintenance:	$	194,919	$	84,133	$	52,536	$	31,597	
					
Total Expenditures	$	313,137	$	140,275	$	94,569	$	45,706	
					
Excess Revenues (Expenditures)	$	-		$	224,565		
					
Fund Balance - Beginning	$	-		$	104,185		
					
Fund Balance - Ending	$	-		$	328,749		

Storey Drive
Community Development District Debt Service Fund - Series 2022
Statement of Revenues, Expenditures, and Changes in Fund Balance For The Period Ending February 29, 2024

Adopted	Prorated Budget	Actual	
Budget	Thru 02/29/24	Thru 02/29/24	Variance	

Revenues:		
Special Assessments	$	536,213	$	536,213	$	546,479	$	10,266	
Interest	$	12,000	$	5,000	$	9,231	$	4,231	
Total Revenues	$	548,213	$	541,213	$	555,710	$	14,497	

Expenditures:					
Series 2022
Interest - 12/15	

$	166,581	

$	166,581	

$	166,581	

$	-	
Principal - 06/15	$	205,000	$	-	$	-	$	-	
Interest - 06/15	$	166,581	$	-	$	-	$	-	
Total Expenditures	$	538,163	$	166,581	$	166,581	$	-	

Other Sources/(Uses)					
Transfer In/(Out)	$	(4,980)	$	(2,075)	$	(5,403)	$	3,328	
Total Other Financing Sources (Uses)	$	(4,980)	$	(2,075)	$	(5,403)	$	3,328	
					
Excess Revenues (Expenditures)	$	5,071		$	383,725		
					
Fund Balance - Beginning	$	200,763		$	455,920		
					
Fund Balance - Ending	$	205,834		$	839,645		

Storey Drive
Community Development District Capital Projects Fund - Series 2022
Statement of Revenues, Expenditures, and Changes in Fund Balance For The Period Ending February 29, 2024

	Adopted		Prorated Budget	Actual		
		Budget		Thru 02/29/24	Thru 02/29/24	Variance	
Revenues:							
Interest	$		-	$		-	$	476	$	476	
Total Revenues	$		-	$		-	$	476	$	476	

Expenditures:

Capital Outlay	

$		

-	$		

-	$	-	

$	-	
Total Expenditures	$		-	$		-	$	-	$	-	

Other Sources/(Uses)							
Transfer In/(Out)	$		-	$		-	$	5,403	$	(5,403)	
Total Other Financing Sources (Uses)	$		-	$		-	$	5,403	$	(5,403)	
							
Excess Revenues (Expenditures)	$		-		$	5,879		
							
Fund Balance - Beginning	$		-		$	20,860		
							
Fund Balance - Ending	$		-		$	26,740		

Storey Drive

Oct	Nov	Dec	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sept	Total

Community Development District Month to Month
Revenues:

Assessments	$	-	$	-	$	268,051	$	51,083	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	319,134	
Total Revenues	$	-	$	-	$	268,051	$	51,083	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	319,134	

Expenditures:							
Administrative:
Supervisor Fees	
$	-	
$	-	
$	-	
$	800	
$	800	
$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	1,600	
FICA Expense	$	-	$	-	$	-	$	61	$	61	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	122	
Engineering Fees	$	165	$	-	$	248	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	413	
Attorney	$	1,326	$	-	$	1,276	$	3,249	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	5,851	
Arbitrage	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	
Dissemination	$	292	$	292	$	292	$	292	$	292	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	1,458	
Annual Audit	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	
Trustee Fees	$	-	$	-	$	-	$	-	$	4,041	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	4,041	
Assessment Administration	$	5,250	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	5,250	
Management Fees	$	3,063	$	3,063	$	3,063	$	3,063	$	3,063	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	15,313	
Information Technology	$	150	$	150	$	150	$	150	$	150	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	750	
Website Maintenance	$	100	$	100	$	100	$	100	$	100	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	500	
Telephone	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	
Postage	$	5	$	49	$	3	$	5	$	47	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	109	

Insurance	$	5,590  $	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	5,590	
Printing & Binding	$	31  $	22  $	7  $	-	$	16  $	-	$	-	$	-	$	-	$	-	$	-	$	-	$	75	
Legal Advertising	$	685  $	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	685	
Other Current Charges	$	-	$	-	$	8  $	41  $	38  $	-	$	-	$	-	$	-	$	-	$	-	$	-	$	87	
Office Supplies	$	0	$	0	$	0	$	15	$	0	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	15	
Dues, Licenses & Subscriptions	$	175	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	175	
Total Administrative:	$	16,831	$	3,675	$	5,146	$	7,774	$	8,607	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	42,033	

Operations & Maintenance
Field Operations	

$	656	

$	656	

$	656	

$	656	

$	656	

$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	3,281	
Property Insurance	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	
Electric	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	
Water & Sewer	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	
Landscape Maintenance	$	8,066	$	8,066	$	8,066	$	8,066	$	8,066	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	40,330	
Landscape Contingency	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	
Irrigation Repairs	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	
Lake Maintenance	$	685	$	6,185	$	685	$	685	$	685	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	8,925	
Pressure Washing	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	
Repairs & Maintenance	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	
Contingency	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	
Total Operations & Maintenance:	$	9,407	$	14,907	$	9,407	$	9,407	$	9,407	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	52,536	
							
Total Expenditures	$	26,238	$	18,583	$	14,553	$	17,181	$	18,014	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	94,569	
							
Excess Revenues (Expenditures)	$	(26,238)	$	(18,583)	$	253,499	$	33,901	$	(18,014)	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	224,565	

Storey Drive
Community Development District Developer Contributions/Due from Developer

Funding Request
#	Prepared Date	Payment Received
Date	Check Amount	Total Funding
Request	General Fund
Portion (22)*	General Fund
Portion (23)	Due from
Capital	Over and (short)
Balance Due	

12	
8/26/22	
9/7/22	
$	5,375.00	
$	5,375.00	
$	-	
$	5,375.00	
$	-	$	-	
13	9/14/22	10/20/22	$	10,022.09	$	10,022.09	$	5,022.09	$	5,000.00	$	-	$	-	
1	10/27/22	11/15/22	$	7,962.19	$	7,962.19	$	3,509.00	$	4,453.19	$	-	$	-	
2	9/1/23	1/26/24	$	40,450.06	$	40,450.06	$	-	$	40,450.06	$	-	$	-	
3	10/28/23	3/8/24	$	14,295.99	$	14,295.99	$	-	$	14,295.99	$	-	$	-	
Due from Developer	$	78,105.33	$	78,105.33	$	8,531.09	$	69,574.24	$	-	$	-	

Total Developer Contributions FY23	 $	69,574.24 

*Total amount in FY22 column does not reflect amounts from FY22 FR# 1-11.

Storey Drive
Community Development District Long Term Debt Report

SERIES 2022, SPECIAL ASSESSMENT BONDS	
INTEREST RATES:	2.550%, 3.000%, 3.250%, 4.000%		
MATURITY DATE:
RESERVE FUND DEFINITION RESERVE FUND REQUIREMENT	6/15/2052
50% OF MAXIMUM ANNUAL DEBT SERVICE
$268,106		
RESERVE FUND BALANCE	$268,106		
BONDS OUTSTANDING - 1/27/22		$9,710,000	
LESS: PRINCIPAL PAYMENT - 06/15/23		($200,000)	
CURRENT BONDS OUTSTANDING		$9,510,000	

Storey Drive
COMMUNITY DEVELOPMENT DISTRICT

	Gross Assessments	$	333,124.78	$	570,436.58	$	903,561.36	
	Net Assessments	$	313,137.29	$	536,210.39	$	849,347.68	
ON ROLL ASSESSMENTS		
36.87%	
63.13%	
100.00%	

Special Assessment Receipts Fiscal Year 2024

Date	
Distribution	
Gross Amount	
Commissions	
Discount/Penalty	
Interest	
Net Receipts	
O&M Portion	2022 Debt Service Asmt	
Total	

12/19/23	
6	
$756,901.59	
$110.04	
$30,276.14	
$541.88	
$727,057.29	
$268,051.30	
$459,005.99	
$727,057.29	
01/10/24	7	$144,328.56	$0.00	$5,773.14	$0.00	$138,555.42	$51,082.58	$87,472.84	$138,555.42	
03/13/24	9	$0.00	$0.00	$0.00	$5,495.59	$5,495.59	$2,026.11	$3,469.48	$5,495.59	
						$0.00	$0.00	$0.00	$0.00	
						$0.00	$0.00	$0.00	$0.00	
						$0.00	$0.00	$0.00	$0.00	
						$0.00	$0.00	$0.00	$0.00	
						$0.00	$0.00	$0.00	$0.00	
						$0.00	$0.00	$0.00	$0.00	
						$0.00	$0.00	$0.00	$0.00	
						$0.00	$0.00	$0.00	$0.00	
						$0.00	$0.00	$0.00	$0.00	
						$0.00	$0.00	$0.00	$0.00	
	TOTAL	$	901,230.15	$	110.04	$	36,049.28	$	6,037.47	$	871,108.30	$	321,159.99	$	549,948.31	$	871,108.30	

102.56%
$	(21,760.62)

Net Percent Collected
Balance Remaining to Collect

Storey Drive COMMUNITY DEVELOPMENT DISTRICT
Special Assessment Bonds, Series 2022

Fiscal Year 2024
10/31/23
11/7/23

9
10

Poulos & Bennett, LLC Poulos & Bennett, LLC

Invoice #19-060(80) - Utility ownership coordination. Invoice #19-060(82) - Revision of District requisition costs.

$
$

82.50
742.50

Fiscal Year 2024
10/2/23
10/3/23
11/1/23
11/2/23
12/1/23
12/4/23
1/2/24
1/3/24
2/1/24
2/2/24

Interest Transfer from Reserve
Interest Transfer from Reserve
Interest Transfer from Reserve
Interest Transfer from Reserve
Interest Transfer from Reserve

$
$
$
$
$
$
$
$
$
$

88.10
1,055.17
92.87
1,094.30
92.37
1,062.85
99.22
1,097.72
103.82
1,093.07

Project (Construction) Fund at 09/30/23 Interest Earned/Transferred Funds thru 2/29/24 Requisitions Paid thru 2/29/24

$
$
$

21,685.48
5,879.49
(825.00)

Remaining Project (Construction) Fund	$	26,739.97

TOTAL	$	5,879.49

TOTAL	$	825.00

Date	Requisition #	Contractor	Description	Requisition