Holly Hill Road East

Community Development District

2051	1 C Ol]JOr ate Boulevard, Orlando, FL  32817; 407-382-3256

The foll owing is the proposedndaage for the meetings of the Doard of Supervisors for the Holly Hill Road East Community Development District, scheduled to be held

Wednesday, March 21, 2018 at 10:45 a.m. at the Offices of Cassidy Homes, 346 East Central Ave., Winter Haven, FL 33880. Questions or comments on the Board Meeting or proposed agenda may be addressed to Jane Gaarlandt at janeg@fishkind.com or (407)

382-3256. As always, the personal attendance of three (3) Board Members will be required to constitute a quorum.

If you would like to attend the Board Meeting by phone, you may do so by dialing: Phone: 1-877-864-6450 Pa11icipant Code: 454943

PROPOSED BOARD OF SUPERVISORS' MEETING AGENDA

Administrative Matters

•	Roll Call to Confirm Quorum

•	Public Comment Period !for ctny members of the p ublic desiring to speak on any p roposition before the Board]

1.	Consideration of the Minutes of the February 21, 2018 Board of Supervisors Meeting

Business Matters

2.	Consideration of Notice of Boundary Amendment
3.	Presentation of Amended & Restated Engineer's Report

4.	Presentation of Amended & Restated Assessment Methodology

S.	Consideration of Resolution 2018-06, Declaring Special Assessments on the Expansion Area

6.	Consideration of Resolution 2018~07, Setting a Public Hearing on the Imposition of Special Assessments on the Expansion Area

7.	Consideration of Resolution 2018-08, Setting a Public Hearing on the District's Intent to Use the Uniform Method of Collection for the Expansion Area

8.	Ratification of Payment Authorization Nos. 20 - 22
9.	Review of Monthly Financials

Other .Business
Staff Reports

District Counsel
Interim Engineer

Distr.ict Manager

Supervisor Requests and Audience Comments

Adjournment

Holly Hill Road

East

Community

Development District

Minutes

MINUTES OF MEETING

HOLLY HILL ROAD EAST COMMUNITY DEVELOPMENT DISTRICT BOARD OF SUPERVISORS' MEETING

Monday February 21, 2018 at 11:00 a.m. Offices of Cassidy Homes

346 East Central Ave., Winter Haven, Florida 33880

Board Members present at roll call:

Rennie Heath	Board Member		
Andrew Rhinehart	Board Member		
John Mazuchowski	Board Member		
Lauren Schwenk	Board Member	(via phone)	
Scott Shapiro	Board Member	(via phone)	
Also, Present:			
Roy Van Wyk	Hopping Green & Sams, P.A.		
Jane Gaarlandt	Fishkind & Associates, Inc.		
Dennis Wood	District Engineer	(via phone)	

FIRST ORDER OF BUSINESS	Call to Order and Roll Call

The meeting was called to order at 11 :00 a.m. Those in attendance are outlined above.

SECOND ORDER OF BUSINESS	Public Comment Period

There were no members of the public present.

THIRD ORDER OF BUSINESS	Consideration	of	the  Minutes	of	
	the  January	17,	2018  Board	of	
	Supervisors  Meeting  and  Auditor	
	Selection Committee Meeting		

The Board reviewed the minutes of the January 17, 2018 Board of Supervisors Meeting.

On MOTION by Mr. Rhinehaii, seconded by Mr. approved the Minutes of the January 17, 2018 Board

Heath, with all in favor, the Board of Supervisors Meeting.

FOURTH ORDER OF BUSINESS

Consideration of Resolution 2018-

04, Re-Appointing Secretary

Ms. Gaarlandtthat noted	Mr. MacLaren, who was the previous Secretary, is no	
Fishkind and requested that the Board appoint her as the Secretary.	

On MOTION by Mr.	Heath,  seconded	by Mr.  Rhinehart,  with all in favor,		
				
approved Resolution 2018-04, Re-Appointing Secretary.		

longer at

the  Board

FIFTH ORDER OF BUSINESS

The Board reviewed Resolution 2018-05.

Consideration	of	Resolution 2018-	
05,	Granting  Authority	to	the	
District Manager and Chairperson	
to	Execute	Certain		Work	
Authorizations	related		to	the	
Development	of	the	District's	
Improvements						

On MOTION by Mr.  Heath,  seconded	by Mr.  Rhinehart,	with		
					
approved  Resolution  2018-05,   Granting  Authority	to	the		
Chairperson to Execute Ce1iain Work Authorizations related to		
District's Improvements.					

all in favor, the Board District Manager and the Development of the

SIXTH ORDER OF BUSINESS

Consideration	of	Agreement	
between  the  District  and  Florida	
Wall   Concepts,	Inc.	regarding	

Installation

Perimeter Wall

of

Citrus	Isle

Ms. Gaarlandt explained that the proposal is attached to the agreement and noted that the total cost is $66,229,70. Ms. Schwenk asked that the Board approve a not-to-exceed amount of an additional $10,000.00 because there might be some upgrade to the trim work.

On MOTION by Mr. Heath, seconded by Mr. Rhinehaii, with all in favor, the Board approved the Agreement between the District and Florida Wall Concepts, Inc. regarding Installation of Citrus Isle Perimeter Wall in the amount of $66,229.70, but not to exceed $76,229.70.

SEVENTH ORDER OF BUSINESS	Consideration	of	Agreement		
	between  the  District  and  Stewart		
			
	and Associates	Property Services,		

Inc. regarding Installation landscaping and Irrigation

of

Ms. Gaarlandt explained that the proposal is attached. Mr. Heath asked Ms. Schwenk if she wanted to do the same with this proposal and she answered that she thinks that this one should be fine, but they could always add $5,000.00 to make sure they do not go over. Mr. Van Wyk said that the Board can just do a change order if that is the case.

On MOTION by Mr. Heath, seconded by Mr. Rhinehmi, with all in favor, the Bom·d approved the Agreement between the District and Stewart and Associates Prope1iy Services, Inc. Regarding Installation of Landscape and Irrigation in the amount of $112,614.00.

EIGHTH ORDER OF BUSINESS

Consideration	of	
Qualifications	for	
District Engineer	

Statement

the  Position

of if

Ms. Gam·landt explained that the District ran a RFQ for District Engineer and the District received one response, which was from Dennis Wood Engineering. It is included in the agenda package.

On MOTION by Mr. Heath, seconded by Mr. Rhinehart, with allfavor,in	the Board	
Approved ranking Dennis Wood Engineering the Number One respondent.	
Ms.  Gaarlandt asked if the District needs to  separately approve the contract.  Mr. Van	
Wyk stated that given that the District ranked Dennis Wood Engineering as No. 1 there is	
a fmm  of the agreement that District staff would like to  authorize with Dennis Wood	
Engineering at the same rates as they were for Interim Engineer. Exhibit A is attached.	
Mr. Van Wyk stated that there is also Work Authorization No.  1 that he requested the	
Board to approve the same time as they approve the contract. Work Authorization No.1	
includes three proposals, one for South Parcel for 96 lots for a total	of $53,940.00, the	
North Parcel for 169 lots for a total of	$94,660.00, and the Amenity Center for a total of	
$29,700.00.  Mr.  Van Wyk  requested	a motion to  approve  the  agreement with  Wood	
Engineering and approve Work Authorization No. 1.		

On MOTION by Mr. Heath, seconded by Mr. Rhinehmi, with all in favor, the Board Approved the Agreement with Wood Engineering and Work Authorization No. 1.

NINTH ORDER OF BUSINESS	Ratification

Authorization

of Nos. 15-19

Payment

The Bom·d reviewed Payment Authorization Nos. 15-19.

On MOTION by Mr. Heath, seconded by Mr. Rhinehart, with all in favor, the Bom·d ratified Payment Authorization Nos 15-19.

TENTH ORDER OF BUSINESS

Review

of

Monthly Financials

The Board reviewed the month financials. There was no Board action required at this time.

ELEVENTH ORDER OF BUSINESS	Staff Reports

District Counsel -

Mr.  Van Wyk mentioned that he had two more  items that were	
brought  up  for  field  work  for  the  Board's  consideration.  He	
presented  a  proposal  for  Pro  Playgrounds  for  installation  of	
playground equipment and material for a total	of $21,050.74. Ms.	
Schwenk noted that the  District is  going to	enter into  a leasing	
agreement so that should be the final number as if it were being	
purchased. She requested that this be approved in form and allow	
the District to enter into a lease agreement. Mr. Van Wyk asked if	
the  proposal  before  the  Board  is  to  purchase  the  playground	
equipment.  Ms.  Schwenk  said  that  the  leasing  company  would	
purchase the  equipment and provide the District with a monthly	
lease  amount.  Mr.  Heath  asked  if the  District  is  approving  the	
purchase of the equipment. Mr. Van Wyk stated that the Board is	
approving a Lease Agreement up to that amount of the playground	
equipment and there will be a separate lease agreement the District	
will enter into ammiizing the cost of this over the length of the	
lease.		

On MOTION by Mr. Heath, seconded by Mr. Rhinehaii, with all in favor, the Boai·d approved the Pro Playground Proposal in the amount of $21,050.74 with a not-to-exceed amount of $25,000.00 and enter into a lease Agreement for this Equipment.

Mr. Van Wyk presented a proposal from Danielle Fence to put in some fencing. The proposal is in the amount of $73,337.00. Mr. Van Wyk asked Ms. Schwenk if she needs a not-to-exceed amount on this proposal to which she responded that this amount should not change.

On MOTION by Mr. Heath, seconded by Mr. Rhinehaii, with all in favor, the Boai·d approved the proposal from Danielle Fence in the amount of $73,337.00.

Mr. Van Wyk brought up the timing of noted that the District has a heai·ing on the 15 additional acres. It is the second would be effective immediately because a meeting on March 21, 2018 at which

the annexation parcels. He March 5, 2018 to bring in reading and that ordinance it is the City. There is also the District could stai·t the

assessment process and the Uniform method process at the same time and he asked if the Board would want to try to move the next scheduled Board meeting up. Mr. Shapiro said that there is no rush because the sites have not been engineered yet. The Board meeting will remain on March 21, 2018.

District

Engineer-  No Repmi

District Manager-

No Report

TWELFTH ORDER OF BUSINESS	Supervisor Requests and Audience

Comments

There were no Supervisor requests or Audience comments.

THIRTEENTH ORDER OF BUSINESS	Adjournment

There were no other questions or comments.

Ms.

Gaarlandt adjourned the meeting.

Secretary / Assistant Secretary	Chairman / Vice Chairman	

Holly Hill Road East

Community Development District

Notice of Boundary Agreement

This instrument was prepared by and	(This space reserved for Clerk)	
upon recording should be returned to:		
Roy Van Wyk, Esq.		
HOPPING GREEN & SAMS, P.A.		
119 South Monroe Street, Suite 300		
Tallahassee, Florida 32301		

NOTICE OF BOUNDARY AMENDMENT OF THE			
HOLLY HILL ROAD EAST COMMUNITY DEVELOPMENT DISTRICT		
PLEASE TAKE NOTICE that on March 5, 2018, the City Commission	of the City of		
			
Davenpmi,  Florida,  adopted  Ordinance  No.  841,  effective  March  5,  2018,  amending  the		
boundaries of the Holly Hill Road East Community Development	District ("District").  The legal		
				
description of the lands encompassed within the District, after amendment, is attached hereto as		
Exhibit "A."  The Holly Hill Road East Community Development District was established by		
City of Davenport Ordinance No. 814, which became effective on July 10, 2017.  The District is		

a special-purpose form

of

local government established pursuant to and governed by Chapter

190,

Florida Statutes.

More information on the powers, responsibilities,

and duties

of

the District

may be obtained by examining Chapter 190,

Florida Statutes,

or by contacting the District's

registered agent as designated to the

Department

of

Economic Oppmiunity in accordance with

Section

189.416,

Florida Statutes.

THE HOLLY HILL ROAD EAST COMMUNITY DEVELOPMENT DISTRICT MAY IMPOSE AND LEVY TAXES OR ASSESSMENTS, OR BOTH TAXES AND ASSESSMENTS, ON THIS PROPERTY. THESE TAXES AND ASSESSMENTS PAY THE CONSTRUCTION, OPERATION AND MAINTENANCE COSTS OF CERTAIN PUBLIC FACILITIES AND SERVICES OF THE DISTRICT AND ARE SET ANNUALLY BY THE GOVERNING

BOARD  OF THE DISTRICT.   THESE  TAXES  AND  ASSESSMENTS  ARE  IN		
ADDITION TO COUNTY AND OTHER	LOCAL GOVERNMENT TAXES AND		
			
ASSESSMENTS AND ALL OTHER TAXES AND ASSESSMENTS PROVIDED		

FOR

BYLAW.

IN WITNESS WHEREOF, this Notice has been executed on this_ day 2018, and recorded in the Official Records of Polk County, Florida.

of

March,

HOLLY HILL ROAD EAST COMMUNITY DEVELOPMENT DISTRICT

Chairperson,

Witness	Witness

Print Name	Print Name

Board

of

Supervisors

STATE OF FLORIDA

COUNTY

OF

--------

The   foregoing   instrument   was   acknowledged	before   me   this	day   of		
________, 2018, by ________,	Chairperson of the Holly Hill Road East		
Community  Development  District,	who  is  personally	known  to  me  or  who  has  produced		
	identification,	and did [ ] or did not [ ] take the oath.		
___________ as				
							
(NOTARY SEAL)	Notary Public, State of Florida			
				
	Print Name:	-------------		
					
	Commission No.: ____ Expires: ____		

2

						EXHIBIT A			
						LEGAL DESCRIPTION		
BEGIN  AT THE  NORTHWEST CORNER  OF SAID  TRACT 29,  AND  RUN  THENCE ALONG  THE  NORTH  LINE THEREOF S-	
89053'06"-E,326.18 FEET TO THE NORTHEAST CORNER THEREOF, SAID PONT ALSO	BEING THE SOUTHWEST CORNER OF	
SAID TRACT 21; THENCE ALONG THE WEST LINE OF SAID TRACT 21 N-00°25'33"-W,640.90 FEET TO A POINT ON THE	
SOUTH MAINTAINED	RIGHT-OF-WAY	LINE OF FOREST LAKE DRIVE ACCORDING TO THE MAP AS RECORDED IN MAP BOOK	
17, PAGES	100-108,PUBLIC RECORDS	OF POLK COUNTY, FLORIDA: THENCE ALONG SAID SOUTH MAINTAINED RIGHT-OF-	
WAY LINE	THE FOLLOWING THREE (3)	COURSES: 1) S-89°49'04"-E,95.08 FEET; THENCE 2) S-88°09'06"-E,71.24 FEET;	
THENCE 3)	S-89°58'57"-E,160.16 FEET	TO A POINT ON THE EAST	LINE OF SAID TRACT 21; THENCE DEPARTING SAID	
MAINTAINED RIGHT-OF-WAY LINE, AND ALONG THE EAST LINE OF	SAID TRACT 21	S-00°23'18"-E,638.91 FEET TO THE	
SOUTHEAST CORNER THEREOF, SAID POINT ALSO BEING THE NORTHWEST CORNER	OF SAID TRACT 27;  THENCE ALONG	
THE NORTH LINE OF	SAID TRACT 27 S-89°53'06"-E,326.98 FEET TO THE NORTHEAST CORNER THEREOF; THENCE ALONG	
THE WEST LINE OF SAID TRACT 23 N-00°23'11"-W,635.57 FEET TO A POINT ON SAID SOUTH MAINTAINED RIGHT-OF-	
WAY LINE	OF FOREST LAKE  DRIVE; THENCE ALONG SAID SOUTH  MAINTAINED RIGHT-OF-WAY LINE THE FOLLOWING	
TWO (2) COURSES:	1) S-89°36'39"-E,187.39 FEET; THENCE 2) S-89°59'30"-E,139.69	FEET TO A POINT ON THE EAST LINE	
OF SAID TRACT	23;	THENCE DEPARTING SAID SOUTH MAINTAINED	RIGHT-OF-WAY LINE, AND ALONG THE EAST LINE OF	
SAID  TRACT  23	S-00°23'04"-E, 634.92	FEET  TO  THE  SOUTHEAST  CORNER  THEREOF,  SAID  POINT ALSO  BEING  THE	
NORTHEAST CORNER OF SAID TRACT 26; THENCE ALONG THE EAST LINE OF SAID TRACT 26 S-00°22'59"-E,635.38 FEET	
TO A POINT ON THE NORTH RIGHT-OF-WAY LINE OF NORTH BOULEVARD WEST PER O.R. BOOK 781, PAGE 709 OF THE	
PUBLIC RECORDS OF	POLK COUNTY, FLORIDA; THENCE ALONG SAID NORTH RIGHT-OF WAY LINE PER O.R. BOOK 781,	
PAGE 709,	AND	PER	O.R. BOOK 781,	PAGE 667, AND PER O.R. BOOK 781, PAGE 696, ALL IN THE PUBLIC RECORDS OF	
POLK COUNTY,  FLORIDA, N-89°48'44"-W,1305.66 FEET TO A POINT ON THE WEST LINE OF SAID TRACT 29; THENCE	
ALONG THE WEST LINE OF SAID TRACT 29 N-00°26'06"-E,633.72 FEET TO THE POINT OF BEGINNING.	

PROPERTY DESCRIBED

CONTAINS

28.58 ACRES,

MORE

OR

LESS.

AND

BEGIN AT THE NORTHEAST CORNER OF SAID TRACT 12 AND RUN THENCE ALONG THE EAST LINE THEREOF, S-00°39'44"	
E, 650.29 FEET TO THE SOUTHEAST CORNER THEREOF; THENCE ALONG THE SOUTH LINE OF SAID TRACTS 12, 13, 14, 15	
AND 16 N-89°20'55"-W,1628.90 FEET TO A POINT ON THE	EAST RIGHT-OF-WAY LINE OF HOLLY HILL ROAD, PER O.R.	
BOOK 781, PAGE 713 PUBLIC RECORDS OF POLK COUNTY,  FLORIDA; THENCE ALONG SAID EAST RIGHT-OF-WAY LINE,	
AND THEN CONTINUING ALONG THE EAST RIGHT-OF-WAY OF HOLLY HILL ROAD, PER O.R. BOOK 781, PAGE 715 PUBLIC	
RECORDS OF POLK COUNTY, FLORIDA N-00°29'26"-W,643.68	FEET TO A POINT ON THE NORTH LINE OF SAID TRACT 16;	
THENCE ALONG THE NORTH LINE OF SAID TRACTS 16, 15, 14,	13 AND 12, S-89°34'47"-E,1626.84 FEET TO THE POINT OF	

-

BEGINNING.

PROPERTY DESCRIBED CONTAINS:

24.17 ACRES,

MORE

OR

LESS.

BEGIN AT THE NORTHWEST CORNER OF SAID TRACT 16, AND RUN THENCE ALONG THE NORTH LINE OF SAID TRACTS 16,	
15, 14, AND 13 N-89°43'00"-E,1309.54 FEET TO THE NORTHEAST CORNER OF SAID TRACT 13;	THENCE ALONG THE EAST	
LINE OF SAID TRACT 13 AND THE SOUTHERLY PROJECTION THEREOF, S-00°47'35"-E,667.62	FEET TO A POINT ON THE	
SOUTH LINE OF THE NORTHWEST¼  OF THE SOUTHWEST¼  OF SAID SECTION 04;	THENCE ALONG SAID SOUTH LINE N-	
89038'02"-W,331.52 FEET; THENCE ALONG THE NORTHERLY PROJECTION OF THE	EAST LINE OF SAID TRACT 19 AND THE	
EAST LINE OF SAID TRACT 19	S-00°48'45"-E,667.55 FEET TO THE SOUTHEAST CORNER THEREOF; THENCE ALONG THE	
SOUTH LINE OF SAID TRACT	19 S-89°30'27"-W,331.42  FEET TO THE SOUTHWEST CORNER	OF SAID TRACT 19, ALSO	

BEING THE NORTHEAST CORNER OF SAID TRACT 31; THENCE ALONG THE EAST LINE OF	SAID TRACT 31 S-00°47'10"-E,	
628.70 FEET TO  A  POINT ON THE  NORTH  RIGHT-OF-WAY  LINE OF COUNTY  ROAD 547	(80' RIGHT-OF-WAY WIDTH);	
THENCE ALONG SAID NORTH RIGHT-OF-WAY LINE S-89°29'00"-W,647.50 FEET TO A POINT ON THE WEST LINE OF SAID	

3

TRACT 32; THENCE ALONG SAID WEST LINE THEREOF, AND ALONG THE WEST LINE OF SAID TRACT 17 AND THE NORTHERLY PROJECTION THEREOF, N-00°46'25"-W,1298.68 FEET TO A POINT ON THE NORTH LINE OF THE SOUTHWEST
¼  OF THE SOUTHWEST¼  OF SAID SECTION 04, ALSO BEING THE SOUTH LINE OF THE NORTHWEST¼  OF THE SOUTHWEST

¼  OF SAID SECTION 04; THENCE ALONG THE SOUTHERLY PROJECTION OF THE WEST LINE OF SAID TRACT 16, AND ALONG

SAID WEST LINE N-00°45'52"-W,669.51 FEET TO THE POINT OF BEGINNING.

PROPERTY DESCRIBED CONTAINS: 44.47 ACRES, MORE OR LESS

AND

BEGIN AT A 5/8" IRON ROD AND CAP "LB 8135" STANDING AT THE SOUTHWEST CORNER OF SAID TRACT 22, SAID POINT ALSO BEING THE NORTHWEST CORNER OF TRACT 27 OF SAID HOLLY HILL GROVE & FRUIT COMPANY SUBDIVISION, AND RUN ALONG THE WEST LINE OF SAID TRACT 22 N-00°23'47"-W,642.49 FEET TO THE INTERSECTION OF SAID WEST LINE AND THE SOUTH MAINTAINED RIGHT-OF-WAY OF FOREST LAKE DRIVE PER MAP BOOK 17, PAGE 100, PUBLIC RECORDS OF POLK COUNTY, FLORIDA: THENCE ALONG SAID SOUTH MAINTAINED RIGHT-OF-WAY THE FOLLOWING THREE (3) COURSES; 1) N-89°47'53"-E,100.29 FEET; 2) THENCE S-89°09'22"-E,206.27 FEET; THENCE 3} S-89°49'49"-E,20.44 FEET TO THE INTERSECTION OF SAID SOUTH MAINTAINED RIGHT-OF-WAY AND THE EAST LINE OF SAID TRACT 22; THENCE ALONG SAID EAST LINE S-00°22'41"-E,640.18 FEET TO A 5/8" IRON ROD AND CAP "LB 8135" STANDING AT THE SOUTHEAST CORNER OF SAID TRACT 22, SAID POINT ALSO BEING THE NORTHEAST CORNER OF SAID TRACT 27; THENCE ALONG THE SOUTH LINE OF SAID TRACT 22, ALSO BEING THE NORTH LINE OF SAID TRACT 27, N-89°55'26"-W, 326.76FEET TO THE POINT OF BEGINNING.

THE ABOVE DESCRIBED LANDS CONTAIN 4.82 ACRES, MORE OR LESS.

AND

BEGIN AT A 5/8" IRON ROD WITH CAP "LB 8135" STANDING AT THE INTERSECTION OF THE WEST LINE OF SAID TRACT 25 AND THE NORTH RIGHT-OF-WAY OF NORTH BOULEVARD WEST PER OFFICIAL RECORDS BOOK 794, PAGE 787, PUBLIC RECORDS OF POLK COUNTY, FLORIDA, AND RUN ALONG SAID WEST LINE N-00°22'38"-W,635.40 FEET TO A 5/8" IRON ROD AND CAP "LB 8135" STANDING AT THE NORTHWEST CORNER OF SAID TRACT 25, SAID POINT ALSO BEING THE SOUTHWEST CORNER OF SAID TRACT 24: THENCE ALONG THE WEST LINE OF SAID TRACT 24 N-00°22'38"-W,640.57 FEET TO A 5/8" IRON ROD AND CAP "LB 8135" STANDING AT THE INTERSECTION OF SAID WEST LINE AND THE SOUTH MAINTAINED RIGHT-OF-WAY OF FOREST LAKE DRIVE PER MAP BOOK 17, PAGE 100, PUBLIC RECORDS OF POLK COUNTY, FLORIDA: THENCE ALONG SAID SOUTH MAINTAINED RIGHT-OF-WAY THE FOLLOWING EIGHT (8) COURSES; 1} N-89047'20"-E, 165.81 FEET; THENCE 2}S-89°23'34"-E,56.51 FEET; THENCE 3} S-84°02'15"-E,28.73 FEET: THENCE (4) S-69003'33"-E,26.63 FEET; THENCE (5}S-59°18'02"-E,25.17 FEET; THENCE (6) S-40°32'53"-E,25.66 FEET; THENCE (7) S-22007'34"-E,27.32 FEET; THENCE {8}S-07°00'55"-E,14.43 FEET TO THE EAST LINE OF SAID TRACT 24: THENCE ALONG SAID EAST LINE S-00°19'41"-E,556.53 FEET TO A 5/8" IRON ROD AND CAP "LB 8135" STANDING AT THE SOUTHEAST CORNER OF SAID TRACT 24,ALSOSAID POINT BEING THE NORTHEAST CORNER OF SAID TRACT 25; THENCE ALONG THE EAST LINE OF SAID TRACT 25 S-00°19'41"-E,636.04 FEET TO THE NORTH RIGHT-OF-WAY OF NORTH BOULEVARD WEST PER OFFICIAL RECORDS BOOK 794, PAGE 787, PUBLIC RECORDS OF POLK COUNTY, FLORIDA; THENCE ALONG SAID NORTH RIGHT-OF-WAY N-89°48'36"-W,324.57 FEET TO THE POINT OF BEGINNING.

THE ABOVE DESCRIBED LANDS CONTAIN 9.48 ACRES, MORE OR LESS.

ALL THE ABOVE DESCRIBED LANDS CONTAIN 111.52 ACRES, MORE OR LESS

4

Holly Hill Road East

Community

Development District

Amended

&

Restated

Engineer's

Report

HOLLY

HILL

ROAD EAST

COMMUNITY DEVELOPMENT DISTRICT AMENDED AND RESTATED

ENGINEER'S REPORT

FOR

CAPITAL IMPROVEMENTS

Prepared for:			
BOARD OF SUPERVISORS		
HOLLY HILL ROAD EAST		
COMMUNITY DEVELOPMENT	DISTRICT		

Prepared

by:

DENNIS WOOD ENGINEERING, 1925 BARTOW ROAD LAKELAND, FL 33801

PH: 863-940-2040

LLC

MARCH

21,

2018

HOLLY IDLL ROAD	EAST		
			
COMMUNITY DEVELOPMENT DISTRICT		

TABLE

OF

CONTENTS

I. II. III. IV. V.

INTRODUCTION	1-2

PURPOSE AND SCOPE	2-3

THE DEVELOPMENT	3-4

THE CAPITAL IMPROVEMENTS	4

CAPITAL IMPROVEMENT PLAN COMPONENTS	4

VI. VII. VIII. IX.

Stormwater Management Facilities	5

Public Roadways	5

Water and Wastewater Facilities	6

Off-site Improvements	7

A1nenities and Parks	7

Miscellaneous	7

PERMITTING	8-9

RECOMMENDATION	9

REPORT MODIFICATION	9

CONCLUSION	10

LIST

OF

EXHIBITS

EXHIBIT EXHIBIT EXHIBIT EXHIBIT EXHIBIT EXHIBIT EXHIBIT EXHIBIT EXHIBIT

1-2-3-4-5-6-7-8-9-

Location Map

Legal Description

District Boundary Map

Existing Land Use Map

Future Land Use Map

Utility Location Map & Drainage Flow Pattern Map

Summary of Opinion of Probable Costs

Summary of Proposed District Facilities

Overall Site Plan

I.

AMENDED AND RESTATED			
ENGINEER'S REPORT			
HOLLY HILL ROAD EAST			
COMMUNITY DEVELOPMENT DISTRICT		
INTRODUCTION				
The Holly Hill Road East Community Development District (the "District") is bisected by	
Nmih Boulevard West, east of	Holly Hill Road,  City of Davenp011 (the "City"),	Polk	
County, (the "County"), Florida. The District currently contains approximately 111	acres,	
and is expected to consist of 486 single family lots, recreation / amenity areas, parks, and	
associated infrastructure.				
The CDD was established under City Ordinance No. 814, which was approved by the City	
Commission  on  July  10,  2017,	as  amended  by  City  Ordinance No.  841,  which  was	
approved by the City on March	5, 2018. This Amended and Restated Engineer's Report	
amends the previously adopted Engineer's Rep011 to reflect the addition of lands to the	
District by Ordinance 841. The additional lands are reflected as part of Phase 3. The District	
will own and operate the public roadwaysmanagementandstormwater	facilities, as well	
as the landscape, irrigation, signage, and recreational facilities within the development.	
Public improvements and facilities financed, acquired, and/or constructed by the District	
will  be  designed and constructed to  conform to  regulatory criteria from  the  City,  the	
County, Southwest Florida Water Management District (SWFWMD), and other applicable	
agencies  with  regulatory jurisdiction  over  the  development.	An  overall  estimate  of	
probable cost is of the public improvements provided in Exhibit 7 of this report.		
This "Capital Improvement Plan" or "Rep01i" reflects the present intentions of the District	
and  the  landowners.  It  should  be  noted  that  the  location  of	proposed  facilities  and	
improvements may be adjusted during the final design, pennitting, and implementation	
phases. It should also be noted that these modifications are not expected to diminish the	
benefits received by the property within the District. The District reserves the right to make	
reasonable adjustments to the development plan to meet applicable regulatory requirements	
	Page 1			

II.

of agencies with jurisdiction over the development, while maintaining comparable level of		
benefits to the lands served by the improvements. Changes and modifications are expected		
as changes in regulatoryare criteria	implemented.						
Implementation of any proposed facilities or improvements	outlined in this Report requires		
					
written approval from the District's Board of Supervisors. Estimated costs outlined in this		
report are based on best available information, which includes but is not limited to previous		
experience with similar projects. Actual costs could be different than estimates because		
final engineering and specific field conditions may affect construction costs.				
All roadway improvements including sidewalks in the right-of-way and storm drainage		
collection systems (from the curb inlets to their connection to the Stormwater ponds) within		
the development will be maintained by the District. Water distribution and wastewater		
collection systems (gravity lines, force mains, and lift stations) will, upon completion, be		
dedicated toforthe City	ownership and maintenance.						
PURPOSE AND SCOPE								
The purpose of this Repmt issupporttoprovide engineering		to fund improvements in the		
						
District. This Report will identify the proposed public infrastructure to be constructed or		
acquired by the District along with an opinion of probable cost.				
Contained within this  Report  is	a  brief description  of the  public  infrastructure	to  be		
					
constructed  or  acquired	by  the  District.  The	District	will  finance,  construct,  acquire,		
operate,  and  maintain  specific  pmiions  of	the  proposed  public  infrastructure.	An		
				
assessment methodology consultant has been retained by the District, who will develop the		
assessment and financing methodology to be applied using this Report.				

Page2

III.

The  predominant portion of this  Report  provides  descriptions  of the  proposed  public		
infrash·ucture improvements, determination of estimated probable construction costs, and		
the  corresponding  benefits  associated  with  the  implementation	of  the  described		
			
improvements.  Detailed  site  construction plans  and  specifications  have  not  yet  been		
completed  and  pe1mitted  for  the  improvements  described  herein.  The  engineer  has		
considered, and in specific instances has relied upon, the information and documentation		
prepared or supplied by others, and information that may have been provided by public		
entities, public employees, the landowner, site constrnction contractors, other engineering		
professionals,  land  surveyors,  the  District  Board  of  Supervisors,  and  its  staff  and		
consultants.			
THE DEVELOPMENT			

The development will consist of 486 single family homes and associated infrastrncture ("Development"). The Development is a planned residential community is located on the north and south side of North Boulevard West, and east of Holly Hill Road in the City of Davenport and lies within Section 4 and 5, Township 27 South, Range 27 East, all within the City. The Development has received zoning approval by the City. PUD approval shall be obtained prior to plan submission to the City, and the property has an underlying Future Land Use Designation of RM & RH (Residential Medium and Residential High). The development will be constructed in three (3) phases.

IV.

THE CAPITAL IMPROVEMENTS

The Capital Improvement Plan, (the "CIP"), consists of public infrastructure in Phases 1, 2, and 3. The primary portions of the CIP will entail stonnwater pond construction, roadways built to an "urban" typical section, water and sewer facilities and off-site improvements (including turn lanes and extension of water and sewer mains to serve the development).

Page 3

There will also be stormwater structures and conveyance culve1ts within the CIP which will outfall into the on-site retention ponds. These structures and pond areas comprise the overall stormwater facilities of the CIP. Installation of the water distribution and
wastewater collection system will also occur at this time. Below ground installation	of		
			
power, telecommunications and cable TV will occur, but will not be funded by the District.		
Installation of street lights within the public right of way will be funded by the District.			

As a pait of the recreational adjacent to Holly Hill Road p01tions of the District. The walking trails.

component of the	CIP,  a public park will be constructed	
and will have connectivity via walking trails to the other	
public park will be	accessed by the public roadways  and	

V.	CAPITAL IMPROVEMENT PLAN COMPONENTS

The Capital Improvement Plan includes the following:			
Stormwater Management Facilities					
Stormwater management facilities consisting	of storm conveyance systems and retention		
				
ponds are contained within the District boundaries. Sto1rnwater runs off via roadway curb		
and gutter to storm inlets. Storm culve1ts convey the runoff into the proposed retention		
ponds for water quality treatment and attenuation. The proposed st01mwater systems will		
utilize dry retention for biological pollutant assimilation to achieve water quality treatment.		
The design criteria for the District's st01rnwater management systems is regulated by the		
City,  the  County,  and the  SWFWMD. There  are  no  lmown surface  waters  or natural		
wetlands on or immediately adjacent to the Development.			
Federal Emergency Management Agency Flood Insurance Rate Map (FEMA FIRM) Panel		
No. 12105C-0220G and 12105C-0240G ( dated 12/22/2016) demonstrates that the property		
is located within Flood Zone X. Based	this information and the site topography,	it does		

not appear that floodplain compensation is required.			

Page4

During  the  construction  of	sto1mwater	management  facilities,  utilities  and  roadway		
													
improvements,  the  contractor  will  be  required  to  adhere	to  a  Stormwater  Pollution		
								
Prevention Plan (SWPPP) as	required by Florida Depaitment	of Environmental	Protection		
						
(FDEP) as delegated by the Environmental	Protection Agency (EPA). The SWPPP will be		
											
prepared to depict for the contractor	the proposed locations	of required	erosion control		

measures and staked turbidity barriers specifically along the down gradient	side of any		
					
proposed construction activity. The site contractor will be required to provide the necessary		
rep01ting on various forms associated with erosion control, its maintenance and any rainfall		
events that occur during construction activity.										
Public Roadways															
The proposed public roadway	sections are to be 50' R/W with 24' of	asphalt		and Miami		

curb or Type F curb and gutter on both sides. The proposed roadway section will consist	of		
			
stabilized subgrade, lime rock, crushed concrete or cement treated base and asphalt wearing		
surface. The proposed curb is to be 2' wide and placed	along the edge	of the proposed		
									
roadway section for purposes	of protecting the integrity of the pavement	and also to provide		

stormwater runoff conveyance to the proposed stormwater inlets. Underdrain is provided		
as necessary to control groundwater and protect the roadway base material.					
The proposed roadways will also require signing and pavement markings within the public		
rights-of-way, as well as street signs depicting	street name identifications, and addressing,		
										
which will be utilized by the residents and public. As stated above, the District's funding		
of roadway construction will occur for all public roadways.								

Page 5

Water and Wastewater Facilities														
A  potable	water  system	inclusive	of  water  mam,	gate  valves,		fire	hydrants  and		

appmtenances will be installed for the Development. The water service provider will be		
	Utilities.					The water system will be a "looped"	system. These		
the City of Davenport Public																
facilities will be installed within the proposed public rights-of-way within the District. This		
water will provide the potable (domestic) and fire protection services which will serve the		
entire District.																	
A domestic wastewater collection	system inclusive of gravity	sanitary sewer mains and		

sewer laterals will be installed.	The gravity sanitruy sewer mains will	be 8	11	diameter	PVC.		

																
The gravity sanitary sewer lines will be placed	inside of the proposed public rights-of-way,		
											
under the proposed paved roadways.	Branching off from these sewer lines will be laterals		
													
to serve the individual lots. A lift station	is anticipated for this CIP. Flow from the lift station		
												
shall be connected to either a force main along N01th Blvd or within	the unopened right of		
								
th	Street.																	
way of 10																		
Reclaimed water is not available for this site. An irrigation well to be funded by the District		
will be installed onsite to provide irrigation within the public	right	of way or inigation		
									
water service shall be provided	as part of the domestic water system	design. Any water,		

sewer, or reclaim water pipes or facilities placed on private prope1ty will not be publicly		
fi.mded.																		

Page 6

Off-Site Improvements								
The District will provide funding for the anticipated turn lanes at the development entrance.		
The site construction activities associated with the CIP are anticipated for completion by		
phases based on the following estimated schedule: Phase 1 in 2018; Phase 2 in 2019; Phase		
3 in 2019. Upon completion of each phase of these improvements,	inspection/ce1tifications		
					
will  be  obtained  from  the  SWFWMD;  the  Polk  County  Health  Department  (water		
distribution  system),  Polk  County  Environmental  Protection  Commission  (HCEPC)		
(wastewater collection) and the City.								
Amenities and Parks								
The District will provide funding for an Amenity Center to include the following: parking		
area, pavilion with restroom facilities, pool, tot lot, dog park/all-purpose play field,  and		
walking trails between the phases to provide connectivity to the Amenity Center.			
Miscellaneous								
The  stormwater improvements,  landscaping  and  iITigation,  recreational  improvements,		
street lighting, and certain pe1mits and professional	fees as described in this report, are		
						
being financed by the District with the intention	for benefiting all of the developable real		
							
prope1ty within the District. The construction	and maintenance	of the proposed public		
								
improvements will benefit the development for the intended use assinglea	-family	planned		
development.								

Page 7

VI.

PERMITTING Construction permits for all phases are required and include the SWFWMD Environmental Resource Permit (ERP), and City construction plan approval. There are no Army Corps of Engineer (ACOE) jurisdictional wetlands within the CIP boundaries; therefore no permits are required from that agency.

Following is a summary of required permits obtained and pending for the construction of the public infrastructure improvements for the District:

PHASE 1		
/	Permits  Approvals	
Zoning Approval (City ofDavenpo1t)	
Preliminary Plat (City of Davenpo1t)	
SWFWMDERP	
Construction Permits (Davenport)	
FDEP Water	
FDEP Sewer	
FDEPNOI		

Approval / Expected Date

City of Davenport Ordinance (Approved)

City of Davenport (Approved)

Approved

July2017

Approved

Approved

Approved

*Amenity Center shall require separate permitting. Permits required are Construction Permit,		
FDEP, Water, FDEP Sewer, SWFWMD, and FDEP NOL		
PHASE2			
Permits / Approvals	Approval / Expected Date		
Zoning Approval (Davenport)	City of Davenp01t City Ordinance (Approved)		
Preliminaiy Plat (Davenp01t)	July 2018		
			
SWFWMDERP	October 2018		
			
Constrnction Permits (Davenport)	October 2018		
			
FDEP Water	October 2018		
			
FDEP Sewer	October 20 l 8		
			
FDEPNOI	September 2018		

Page

8

PHASE3

Permits / Approvals

Zoning Approval (Davenpmt)

Preliminmy Plat (Davenpmt)

SWFWMDERP

Construction Permits (Davenport)

FDEP Water

FDEP Sewer

FDEPNOI

Approval / Expected Date City ofDavenpmt City Ordinance (Approved) July 2018 October 2018 October 2018 October 2018 October 2018 October 2018

VU.	RECOMMENDATION									
	As previously described within this report, the public infrastructure as described is necessary		
	for the development and functional operation as required by the City. The site planning,		
	engineering design and construction plans for the infrastructure are in accordance with the		
	applicable requirements of the City of	Davenp01t,	and the SWFWMD. It should be noted		
							
	that the infrastructure will provide its intended use and function so long as the construction		
	and  installation  is  in  substantial  conformance  with  the  design  construction  plans  and		
	regulatory permits.										
	inItems utilized	the	Opinion ofProbable Costs for this report are based upon proposed	plan		
							
	infrastructure as shown on construction drawings incorporating specifications in the most		
	cmTent SWFWMD and the City regulations.								
VIII.	REPORT MODIFICATION									
	During  development  and  implementation	of	the  public  infrastructure  improvements	as		

	described for the District, it may be necessary to make modifications and/or deviations for		
	the plans. However,	if such deviations	and/or revisions do not change the overall primary		
											
	objective of the plan for such improvements,	then the costs differences would not materially		
								
	affectcost the proposed	estimates.									

Page 9

IX.	CONCLUSION												
	It is our professional opinion that the public infrastructure	costs for the CIP provided in this		
							
	Report  are  reasonable	to	complete	the  construction	of	the  public  infrastructure		
													
	improvements. Furthermore, the public infrastructure improvements will benefit and add		
	value to lands within the District at least equal to the costs of	such improvements.		
	The  Opinion  of Probable  Costs  of the	public infrastructure	improvements  is only an		
					
	price.			The estimated costs are based upon unit		
	estimate and is not a guaranteed maximum									
	prices cunently experienced on an ongoing and similar basis for work in the County.		
	However, labor market, future costs of	equipment,	materials, changes to the regulatory		
										
	permitting agencies  activities,  and the  actual  construction processes employed by  the		
	chosen site contractor are beyond the engineer's control. Due to this inherent oppo1tunity		
	for changes (upward or downward) in the construction costs, the total, final constrnction		
	cost may be more or less than this estimate.									
	Based upon the presumption that the CIP construction	continues in a timely manner, it is		
								
	our  professional  opinion  that  the  proposed  public  infrastructure  improvements  when		
	constructed  and  built  in  substantial  conformance  with  the  approved  plans  and		
	specifications, can be completed and used for their intended function. Be advised that we		
	have utilized historical costs and direct unit costs from site contractors and consultants in		
	the County, which we believe to be necessary in order to facilitate accuracy associated with		
	the Opinion of Probable Costs. Based upon the information	above, it is our professional		
					
	opinion that the acquisition and construction	costs of the proposed CIP can be completed		
										
	at the cost as stated.												

Page

10

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								HOLLYEASTHILL ROAD	COD		
			FAX.:	{8631 940-2044								
Wood ·		CEU:	(8631 662-0018		L .	EXISTING DISTRICT				
										
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	-	UC	LAKELAND, FL 33801								
DENNIS WOOD, PROFESSIONAL ENGINEER						SCALE		

EMAIL : denniswoodengineering@gmail.com

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LEGAL	DESCRIPTION		
									HOLLY HILL ROAD		EAST - COMMUNITY	DEVELOPMENT DISTRICT																							
BEGIN AT TH	E NOATHWEST COANEA OF SAID	TMCT 20, AND	AUN	THENCE ALO	NG TllE	NOAnt	LINE THEAEOF S-09'53'06"	-E,326.18	FEET TOHT	E NOATHEAST			
																				-W,	6'10.90			
roiiNER THEREOF,	SAID PONT ALSO	DEING THE	SOUTHWEST	CORNEA	OF	SAID TRACT 21; THENCE ALONG THE	WEST	LINE OF SAID TRACT 21 N-00'2S33"					
												PAGES			
								LINE OF FOREST	LAKE	DRIVE ACCORDING TO	THE MAP AS RECORDED	IN MAP OOOK 17,				
FEET TO A	POINT ON THE SOUTH MAINTAINED RIGHT-OF-WAY									
											COUI\SES:	1)			
100-108,PU	OLIC RECORDS OF	POLI<	COUNTY,			FLORIDA! THENCE		ALONG	SAID SOUTH MAINTAINED RIGHT-Of- WAY	UNE THE	FOLLOWING THAEE (3)					
																		-E, 160.16	FEET TO A POINT	ON THE EAST UNE	OF SAID TRACT	21;	THENCE			
S·89'49'04"·E,95.0B FEET; THENCE 2) S-88'09	1								FEET;																			
		06"-E, 71.24		THENCE 3) S-89'5BS7"																		FEET TO THE SOUTHEAST	CORNER THEREOF,			
DEPARTING SAID MAINTAINED RIGHT•OF•WAY		LINE, AND ALONG	THE	EAST LINE OF	SAID TRACT 21 S-00'2318"-E, 638,91						
										FEET	TO	THE			
SAID POINT ALSO BEING THE NORTHWEST CORNER	OF SAID	TRACT	27;	THENCE	ALONG THE N	ORTH	LINE OF																	326.98						
								SAID TRACT 27 S,89'S3'06"·E,			MAINTAI	NED			
NORTHEAST	CORNER	THEREOF; THENCE ALONG THE	WEST LINE																-W, 635.57	FEET	TO A POINT	ON	SAID SOUTH					
				OF SAID TRACT 23 N-00'23'11"							FOLLOWING	TWO (2)	COURSES: 1)	S-B9'3G'S9•-E,			
RIGHT-OF-WAY LINE OF	FOREST LAl<E DRIVE; THENCE	ALONG SAID SOUTH	MAINTAINED	RIGHT•OF-W,\V LINE THli							
						TRACT	23; THENCE DEPARTING SAID SOUTH	MAINTAINED RIGlfT•OF	-WAY			
187.39 FEETJ THENCE	2)	S-89"59'30"-E, 139,69	FEET TO A POINT ON THE EAST UNE OF SAID							
															
LINE, ANO ALONG TH	E	EAST LINE OF SAID TRACT 23 S·D0'234"•E,'0	634,92 FEET TO THE SOUTHEAST	CORNER THEREO	F, SAID POINT ALSO BEING THE NORTHEAST			
CORNER OF SAID TRACT26; THENCE	ALONG THE EAST	LINE OF SAID	TRACT 26 S-00'22'59"-E, 635.98	FEET TO A	POINT	ON THE NORTH RIGl'fl·OF-WAY LINE OF	NOATH			
BOULEVARD WEST	PER	o.n.	DOCK 781,	PAGE		709 OF THE	PUBLIC RECORDS OF POLK COUNTY, FLORIDA; THENCE ALONG SAID	NORTH	RIGHT-OF WAY	LINE	PER	o.n.			
BOOK 781,	PAGE 709,		ANO	PER O.A,	BOOK			781,	PAGE		667, AND	PER o.n. BOOK 7B1,	PAGE		696,		ALL IN	TH E PUBLIC RECORDS	OF POLK COU	NTY, FLORIDA,			
																								-E, 693,72		FEET TO			
N-89'48'44"W,- 1305,66 FEET TO A POINT	ON THE	WEST	LINE	OF	SAID TRACT 29; THENCE ALONG	THE	WEST LINE	OF SAID mACT 29 N-00'26'06"																
THE POINT	OF BEGINNING,		
PROPEIITY DESCRIBED CONTAINS 26.58	ACRES,	MORE 011	LESS,		
ANO		
BEGIN AT THE NORTHEAST CORNER OF	SAID TRACT 12	AND	RUN	THENCE ALONG THE EAST LINE	THEREOF, s-00•39•44•.e, GS0.29 FEET TO THE	SOUTHEAST	CORNER			
THEi'iEOF;THENCE	ALONG THE SOIJTl'ILINE OF	SAID	TRACTS	12,	13, 14, 15 AND	16	N-89"20'55"	-W,1628.90 FEET	TO A		POINT ON THE	EAST	RIGHT-OF-WAY	LINE	OF			
												THENCE	ALONG	SAID EAST RIGHT-OF-WAY LINE,	AND THEN			
HOLLY HILL	ROAD, PER O.R.	BOOK	781,	PAGE 713	l'UBliC RECORDS OF	POLK COUNTY,	FLORIDA;							
																OF	POLK	COUNTY, FLORIDA N-00'29'26·	-w.			
CONTINUING ALONG	THE EAST RIGHT-OF-WAY OF HOLLY	HILL ROAD, PER	O.R. BOOK 781, PAGE	715	PUBLIC RECORDS							
										19											-E, 1626.84			
643.68	FEET TO A POINT ON THE NORTH LINE	OF SAID lllACT 16;	THENCE	ALONG	THE	NORTH LINE OF SAID TRACTS 16, 15, 14,																
									AND 12, S-89"34°47"												
FEET TO THE POINT OF	DEG INNING.		
PROPERTY	DESC1118SO CONTAINS: 21\.17 ACRES, MORE	OR	LESS.		
AND		
BEGIN AT THE NORTHWEST	CORNER OF SAID TRACT	16, AND	RUN THENCE	ALONG	THE	NORTH LINE	OF SAID mACTS 16, 15,	11\, AND	13 N-09'43'00"-E, 1309.54	FEET			
																	
TO THE	NORTHEAST CORNER	OF SAID TRACT 13; THENCE ALONG	THE	EAST LINE OF SAID TRACT 13 AND	THE SO	UTHERLY		PROJECTION	THEREOF, S•00'4735"·E,667,62			
																			-W, 331,52			
FEET TO/\ POINT ON	THE SOUTH UNE OF THE	NORTHWEST	1'OF	THE	SOUTHWEST 1' OF SAID SECTION 04; THENCE ALONG SAID	SOUTH	LINE N-89'30'02"											
									LINE OF SAID TMCT	19	AND THE	EAST UNE	OF	SAID lllACT 19	S-00'48'45"	-E,667.55 FEET TO THE			
FEET; THENCE ALONG THE NORTHERLY	PROJECTION	OF THE	EAST											
												OF SAID TRACT	19,			
SOUTHEAST	CORNER	THEREOF; THENCE ALONG THE	SOUTH	LINE	OF	SAID	TRACT	19 S-89'30'27"	-W,331.42 FEET TO	THE SOUTHWEST	CORNER					
																																			THE NORTH			
ALSO BEING	THE NORTHEAST CORNER Of	SAID	TRACT 31;	THENCE ALONG	THE EAST LINE	OF SAID TRACT 31 S-00"117'10-•E, 628,70 FEET TO A POINT ON				
RIGHT-OF• WAY LINE OF COUNTY ROAD	547 (00'RIGHT-OF-WAY	WIDTH);	THENCE ALONG	SAID NORTH RIGlfT•OF-WAY LINE	S·D9'29'00"·W, 647.SO FEET TO	A POINT			
				EREOF,	AND	ALONG THE	WEST LINE OF SAID		TRACT	17 ANO	THE NORTHERLY	PROJECTION			
ON THE WEST LINE OF	SAID	TRACT 32; THENCE	ALONG SAID	WEST LINE TH												
THEREOF, N-00'46'25"-W, 1298,68 FEET TO A	POINT	ON THE	NORTH LINE OF THE SOUTHWEST 1'OF TttE SOUTHWEST M	OF SAID SECllON	04,	ALSO BEING	THE SOUTH			
						OF SAID TMCT	16,	AND			
LINE OF THE	NORTHWEST M OF THE SOUTHWEST 1'	OF SAID	SECTION 04; THENCE ALONG	THE SOU	THERLY PROJECTION OF THE		WEST LINE						
ALONG	SAID	WEST LINE N-00'45'52"-W,669,51 FEET TO THE	POINT OF BEGINNING,																																														
PROPERTY	DESCRIBED	CONTAINS: 44,47 ACRES, MORE	OR	LESS		
AND		
OEGIN AT A 5/8" IRON ROD ANO CAP "LB 813S"	STANDING	AT THE SOUTHWEST CORNeR	OF SAID TMCT	22, SAID	POINT	AISO DEING THE NORTHWEST CORNEA Of						
																									LINE OF SAID TRACT 22	N-00'2347	"-W, 642.49 FEET	TO	THE						
TRACT	27 OF SAID	HOLLY HILL GROVE & FRUIT	COMPANY	SUDDIVISION, ANO RUN ALONG THE WEST											
							PUBLIC RECORDS	OF	POLI<						
INTERSECTION OF SAID	WEST LINE AND	THE SOUTII MAINTAINED	RIGHT• OF-WAY OF FOREST I.AKE DRIVE PER MAP	BOOK 17, PAGE 1DO,									
																					(3) COURSES; 1)			N-09'47'53"-E,100.29	FEET;	2) THENCE						
COUNTY, FLORIDA: THENCE	ALONG SAIO SOUTH MAINTAINED	RIGHT-OF-WAY THE FOLLOWING THREE												
					TO THE	INTERSECTION OF SAID SOUTH MAINTAINED RIGHT-OF-WAY ANO THE EAST LINE OF	SA	ID						
S·89'09'22"•206E,	.27 FEET;										-E, 20.44	FEET										
		THENCE 3) 5-,89'49'49"			- E64	0.10 FEET TO	A S/8" lnON ROD	AND CAP "LO 8135"	STANDING AT THE SOUnlEAST COllNER	OF SAID								
TMCT																																		
	22; THENCE ALONG SAID EAST LINE 5-00'22'41",								SAID	TMCT27;	TH	ENCE ALONG THE SOUTH LINE OF	SAID TRACT	22,	ALSO BEING	THE	NORTH LINE					
TRACT	22, SAID POINT AISO BEING THE NORTHEAST	CORNER OF														
OF SAID TRACT 27, N,89'55'26"-W,326.76FEET TO	THE POINT OF BEGINNING,																																																	
THE ABOVE	DESCAIBED LANDS CONTAIN 4,82	ACRES, MORE	on	LESS.		
!ID!		
BEGIN	AT A	S/8" IRON	ROD	WITH CAP "LB 8135" STANDING	AT	TUE INTERSECTION	OF THE	WEST		LINE	OF SAID lllACT	2S ANO THE NORTH RIGHT-OF-WAY OF NORTH			
																													FLORIDA,	AND RUN ALONG	SAID WEST LINE										"-W,			
								
BOULEVAUO	WEST PER OFFICIAL RECORDS OOOK	794,	PAGE	787,	PUBLIC	RECORDS OF	POLK COUNTY,				N-00'22'38					
									25,	SAID	POINT ALSO	BEING THE	SOUTI◄W	ESTCORNE	R			
63S,40	FEET	TO A 5/0"		IRON	ROD AND CAP "LO 8185"	STANDING AT THE			EST COIINER OF SAID TRACT										
																			
							NORTHW		-W, 640.S7		FEET TO A S/8	"	IRON		ROD ANO CAP "LO 8135" STANDING AT THE			
OF SAID TMCT 24: THENCE	ALONG THE W EST LINE	OF	SAID TRACT															
				24 N-00'22'88"								DRIVE PER MAP	BOOK	17,	PAGE 100, PUDLIC RECORDS	OF	POLK			
INTERSECTION OF	SAID WEST LINE	AND THE	SOUTH MAINTAINED RIGHT-OF-WAY	OF FOREST LAKE							-		
										TH	ENCE			
																															RIGHT-OF-WAY	THE	FOUOWING EIGHT (8)		COURS	ES;	1)							"-E, 165.81	FEET;					
COUNTY, FLORIDA: THENCE	ALON	G SAID SOUTH	MAINTAINED								N-09'47'20						THENCE	(6)			
										(4) S·69'03'33"·E,26	.63 :FEET;	THENCE (S)S-59'10'02"-E, 25.17 FEET;					
2)S·89'23'34"·E, SG.51	FEET; THENCE	3)	S•8	4'02'15"·E, 28.73		FEET: ntENCE								

S-40"32'53"-E, 25,66	FEET; nlENCE	(7)								E,	27,92	FEET; THENCE (8)5-07'00'55"-E,1.4.49	FEET TO THE EAST LINE or- SAID TllACT 24:	THENCE	ALONG	SAID			
			S·22'07'31\"•		ROD	AND	CAP	"LB 0135"	STANDING AT TliE	SOUTHEAST	CORNER OF SAID TRACT	24,	SAID POINT	ALSO BEING			
EAST LINE	S-00'19'41"-E, 556.59 FEET TO	A S/	8" IRON													
														FEET TO THE NORTH RIGHT-OF-WAY OF NORTH			
THE NORTHEAST CORNER OF SAID mACT	25;		T►IENCE ALONG	THE	EAST LINE OF	SAID TRACT 25 S-00'19'41"-E,696,04				
BOULEVARD	WEST PER OFFICIAL RECORDS	BOOK	794,		PAGE		787,		PUDLIC RECORDS	OF POLI<	COUNTY, FLORID/\;	THENCE	ALONG SAID NORTH	RIGHT•OF-WAY	-		
N•8!l'48'36"-W, 324,57	FEET TO THE POINT OP	Dl!GINNING,				
					
THE ABOVE	DESCRIUED LANDS CONTAIN 9.4B ACRES,	MORE	on	LESS.																																																				
ALL	THE ABOVE DESCRIBED LANDS CONTAIN 111,52 ACRES, MORE	on	1£SS																																																	

Dennis		~~	OFFICE:	(063)	940-2040		
	L		FAX:	(063)	940-2044		
-	Vjood· ·~~·	CELL:	(063)		662-0010		
								
		Englneel'ing	1925	BARTOW	ROAD		
		_.	LLC	LAKELAND,		FL	33001		
DENNIS WOOD, PROFESSIONAL ENGINEER						
EMAIL: dennls@woodclvll.com					

EXHIBIT 2

LEGAL  DESCRIPTION
(NOT A SURVEY)

PAGE 1 OF 1

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DENNIS WOOD. PROFESSIONAL ENGlNEER
EMAIL: denniswoodengineerin g @gmai l.com

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EXHIB IT 3

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-	Engineering   ms BARTow ROAD		
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-	LLC   LAKELAND, FL 33801

DENNIS WOOD, PROFESSIONAL ENGINeER

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									' "'"'" '  Polk County Future Land Use		
									Davenport Future Land Use		
									L_  Residential LOIV (RL)		
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EXHIBIT 5	N

~ ennis   •	,	"""" "'" ...,...		
W		FAX:	(863) 940-204-4		
					
-oodEngineering	C8.l.:	css3J 66HXJ1s		
-	LLC   1925 BARTOW ROAD
l.AKElAN.D. FL 3380l

DENNIS WOOD, PROFESSIONAL ENGINEER
EMAIL:	dennisw oodengi neering@gmail.com

D EXISTING  DISTRICT
D  EXPANSION  PARCELS

HOLLY HILL ROAD EAST CDD

2030 FUTURE LAND USE

CITY OF DAVENPORT

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	1925 BARTOW ROAD	-- (FM)-- EXISTING  FORCE  MAIN AS NOTI:D		
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DENNIS WOOD. PROFESSIONAL ENGIN EER			
EMAIL: denniswoodengineering@gmail.com	DAV • DAVENPORT		
				P.C. ·  POLK COUNTY		

COM POSITE EXH IBIT 6 HO LLY HILLOAR D EAST COD
W ATER  &  FORCE  MAINS

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				cm:  18631 062--001s	COO DISTRICT		
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		1925 BARTOW ROAD			
			uc	LAKELAND, FL 33801			

DENNIS WOOD. PROFESSIOr-lAL ENGINEER

COMPOSITE EXHIBIT 6

HOLLY HILL RD EAST COD DRAINAGE FLOW PATTERN MAP

NO
SCALE

EMAIL: denniswoodengineering@gmail .com

Composite Exhibit 7

Holly Hill Road East Community Development District

Summary of Probable Cost

Number of Lots		204		100		182		ill		
lofra~trnct!Jre (3){ijl		Phase 1		Phase 2		~		a   Tgt l		
1	5	7	$	120,000	s	125,000	$	180,000	s	425,000		
Offslte Improvements l l1		ll l										
Storm water Management llllZIIBJl5ll6)17J	s	2,427,600	$	1,190,000	$	2,165,800	s	5,783,400		
Utilities (Water, Sewer, & Street Lighting) I11Is111119l	s	1,142,400	s	560,000	$	1,019,200	$	2,721,600		
Roadway <111~1151171			s	882,300	s	432,500	s	787,150	$	2,101,950		
Entry Feature & Slgnage 0 )171181	s	100,000	s	170,000	$	365,000	$	635,000		
										
Parks and Amenities 111171		$	404,963	$	140,000	$	255,037	$	800,000		
Contingency			$	200,000	$	105,000	$	191,000	$	496,000		
TOTAL			$	5,277,263	$	2,722,500	$	4,963,187	s	12,962,950		

Notes:
1.	Infrastructure consists of roadway improvements, Stormwater management facilities, master

sanitary sewer lift station and utilities, entryan feature, landscaping d sigage,n and en ighborhood parks.

2.	Excludes grading of each lot in conjunction with home construction, which will be provided by home builder.

3.	Includes Stormwater pond excavation.

4.	Includes sub-grade, base, asphalt paving, curbing, and civil/site engineering.

5.	Includes subdivision infrastructure and civil/site engineering.

6.	Stormwater does not inclu  de grading associated with building pads.

7.	Estimates are based on 2017 cost.

8.	Includes entry features, signage, hardscape, landscape, Irrigation and fencing.

9.	CDD will enter into a Lighting Agreement with Duke Energy for the street light poles and lighting service.

10.	Estimates based on 486 lots.

Exhibit 8

Holly Hill Road East

Summary of

Community Development District

Proposed District Facilities

District Infrastructure

Entry Feature & Signage

Stormwater Facilities

Lift Stations/Water/Sewer

Street Lighting/Conduit

Road Construction

Parks and Amenities

Construction

District

District

District

District

District

District

Ownership

District

District

City of Davenport

District

District

District

Capital Financing*

District Bonds

District Bonds

District Bonds

District Bonds

District Bonds

District Bonds

Operation and

Maintenance

District

District

City of Davenport

District

District

District

*Costs not funded by bonds will be funded by the developer

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HOL-L-Y HIL-L- ROAD E:A5-r - COMMUNlfY t?E:VE:L-OPME:N-r t?ISfRIC1

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TYPICAL WALKING TRAIL SECTION
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EXHIBIT 9

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Holly Hill Road

East

Community

Development District

Amended

&

Restated

Assessment

Methodology

FISHKIND

&

ASSOCIATES

AMENDED

&

RESTATED

MASTER

ASSESSMENT METHODOLOGY REPORT

HOLLY

HILL

ROAD

EAST

COMMUNITY

DEVELOPMENT

DISTRICT

March

21,

2018

Prepared

for:

Members of the Board of Supervisors,

Holly Hill Road East Community Development

District

Prepared

by:

Fishkind

&

Associates,

Inc.

12051

Corporate

Boulevard

Orlando,

Florida

32817

HOLLY

AMENDED & RESTATED	REPORT		
MASTER ASSESSMENT METHODOLOGY			
		DISTRICT		
HILL ROAD EAST COMMUNITY DEVELOPMENT			

March

21,

2018

1.0 1.1

Introduction																													
Purpose																															
This  "Amended	& Restated	Master Assessment	Methodology"	dated	March	21,	2018		
("Methodology"),	effectively		amends	and	restates		the	District's	"Master	Assessment		
Methodology	Report," dated	September 20,  2017	("Adopted  Methodology") in	order	to		
reflect	an	amendment	to		the	District's boundaries  to	include  additional	acres	and		
associated	infrastructure	improvements not	included	in	the	Adopted  Methodology.	The		
										
Methodology	provides a	system	for the	allocation	of	non-ad valorem	special	assessments		
securing the	repayment	of	bond	debt	planned	to	be	issued	by	the	Holly	Hill	Road	East		
Community		Development	District	("District")	to	fund	beneficial	public		infrastructure		
improvements and facilities.	The	Methodology applied	herein has	two goals:	(1)	quantifying		
the	special benefits received by	properties within the	District	as a result	of the	installation		
of	the District'simprovements	and	facilities,	and (2)	equitably allocating	the	costs	incurred		
by	the District to	provide these	benefits	to	properties	in the District.											
The	District	plans to	implement	a	capital	improvement program	("CIP")	that	will	allow	for		
the	development of property	within	the District.	The District plans	to fund	the	majority	of its		
CIP	through	bond debt financing.  This	bond	debt	will	be repaid from the proceeds of	non-		
ad	valorem		special assessments	levied	by the District'sBoard	of	Supervisors.	These		
												
special	assessments	will serve	as  liens	against	properties	within	the	boundary	of	the		
District	that	receive	a special	benefit	from	the CIP.	This	Methodology	is	designed	to		
conform to	the requirements of	Chapters	170, 190,	and	197 of	the	Florida	Statutes	with		
respect	to special assessments	and is	consistent	with our understanding of	the	case law		
on this subject.																													

1.2

Background											
The District,	as amended, includes approximately	111  gross	acres	of property within	its	
boundaries.	The District is generally located	to the	south of Forest	Lake Drive	and to the	
east of Holly	Hill Road within the City of	Davenport, Florida.	At build-out,	the	District	is	
expected	to	contain	approximately 486	single-family  lots,	landscaping,	common  and	
recreation	areas, and	related infrastructure.	The land use plan for the District is found	in	
Table 1 (all tables are found in the attached Appendix).						

1.3

Special Benefits and General Benefits																	
Improvements undertaken by the	District create both	special	benefits and	general	benefits		
to  property	owners located within and surrounding	the	District.	However,	the	general		
benefits	to	the public at	large are	incidental in	nature	and	are	readily distinguishable	from		
												
the special	benefits which accrue	to	property located	within	the District.	It is the	District's		
CIP that	enables properties within	the District'sboundaries to	be	developed.	Without	the		
District'sCIP	there would be no infrastructure	to support	development	of land	within	the		
District.	Without these	improvements development	of property	in the	District	would	be		
prohibited by	law.																					
There	is	no	doubt that	the general	public and property	owners	outside	the	District	will		
benefit	from	the provision of District	infrastructure.	However,	these are	incidental	to	the		
District'sCIP, which is	designed	solely to	meet the	needs	of	property	owners	within	the		
District.	Properties outside the District do	not	depend upon	the District'sCIP	to obtain, or		
to  maintain,	their development	entitlements.	This	fact	alone clearly	distinguishes	the		
special		benefits which  District	properties  receive  compared	to  those	properties		lying		
										
outside of the District'sboundaries.																		

1.4

Requirements of a Valid Assessment Methodology			
For special assessments to be	valid under Florida law, there are two requirements.	First,		
				
the properties assessed must receive a special benefit from the improvements paid	for via		
the assessments.  Second, the	assessments must be fairly and reasonably allocated to the		
properties being assessed.				

2

1.5

If these		two	characteristics	of	valid	special assessments are		adhered	to,	Florida	law		
provides	some latitude to	legislative	bodies,	such		as the	District'sBoard	of Supervisors,	in		
											
approving	special assessments.	Indeed,	Florida	courts	have	found	that the	mathematical		
perfection of	calculating	special benefit is	likely impossible.		Only	if the District'sBoard	was		
to act	in	an arbitrary, capricious,	or	grossly	unfair fashion	would		its	assessment	methods		
																
be overturned.																																				
Special		Benefits and General Benefits																										
The	new infrastructure	improvements	included in		the	CIP	create		both: (1) special	benefits		
to the	District and	(2)	general benefits	to	properties outside the District.	However,	as		
discussed	below,	these	general	benefits	are		incidental	in	nature	and	are	readily		
distinguishable from the special benefits which accrue	to the District.	The	CIP described	in		
						
the	District Engineer'sReport enables the District	to	be developed.	Without	the CIP, there		
would	be no	infrastructure to	support development of the District.														
There	is	no	doubt	that	the	general	public,	and	property	owners	outside the	District,	will		
benefit	from	the	provision of the	CIP.	However,		these	benefits	are	incidental	to	the	CIP,		
which	is	designed	solely	to meet the	needs	of	the	District.	Lands	outside	the District	do		
not	depend upon the	CIP to	obtain,	or to maintain,	their development	entitlements.	This		
fact	alone	clearly	distinguishes	the	special	benefits	which	developable property in		the		
District	receive compared	to	those lying outside	of the	boundaries	of	the	District.							
Finally,	as	shown	in	the	Methodology, the	estimated	cost	of	the	CIP totals $12,962,950.		
The	District	plans	to	issue	bonds to	fund	these	costs, with	total	District	bond	principal		
estimated	at	a maximum	of	$17,575,000.	There	are	110.86	assessable	acres	within	the		
District.		Therefore, the	average	cost	per assessable	acre	in	the	District	is	$158,533 on	a		
financed	basis.	According	to data from the Polk	County Property	Appraiser	("PA"), the	fair		
market	value of	the land in	the District currently	averages	$20,612 per acre.	Therefore,	as		
										
illustrated	in	the table	immediately	below,		the	total	cost	of	the	land	with	the	proposed		
improvements implemented is estimated	at	approximately	$179,145	per	acre.								

3

Demonstration of Special Benefit for Properties in the District

Category		
Maximum Bonds Necessary to Fund CIP	
Assessable Acres within District		
CIP Financed Cost Per Gross Acre		
Value of Unimproved Land/Acre*		
Total Cost of Improved Land per	Acre	

Amount $17,575,000 111 $158,533 $20,612 $179,145

2.0

Est.	Avg.	Value of Finished Home and Lot									$200,000				
																
Value	of Lot @ 25%															$50,000				
																					
Density/Assessable	Acre														3.64				
																			
Est. Value	of Finished	Lots/Land per Acre									$181,761				
																
Net	Benefit per Acre	from CDD Improvements									$2,615			
															
*Average of the 2017 values	of all assessable District	land	provided by the Polk	County Property				
Appraiser.																								
Based	on	the	land	development plan,  and	market research	by	the	District's Financial		
Advisor ("FA"),	the	estimated	average value for	a single-family	home	to	be developed	in		
										
the	District	is $200,000.	The	typical relationship between the total	price	of a new home		
and	its finished	lot is 25%.	So,	the	average	home lot in the District	is	expected to have	a		
retail value	of $50,000.																			
The	land	use plan anticipates	a	gross residential	density of 3.64	units per assessable acre.		
Therefore,	the	average	value  per	acre for	properties	developed	into residential lots	is		
$181,761.	Thus, the	estimated	net	special	benefit	to	District lands averages	$2,615	per		
acre.	In other	words,	the	installation of the	CIP	will	increase the market value	of the	land		
within	the	District in	excess of	the cost of the	assessments.										
CIP Plan	of Finance																				

2.1

Phased Infrastructure Installation							
The District	will install its public	infrastructure and	improvements on	a phased basis,	as		
outlined  in	more  detail	in  the	"Holly Hill  Road  East Community Development	District		
Engineer'sReport for Capital Improvements", dated	September 2017,	as amended	by	the		
Amended and Restated	Master		Report,	dated March 21,	2018 (together,	the		
		Engineer's						
"Engineer'sReport"), as	prepared by	Dennis Wood	Engineering, LLC	("District Engineer").		
As outlined	in the Engineer'sReport,	the District will install the infrastructure necessary to		

4

2.2

serve the	lands	within Phases	1, 2 and	3.	Descriptions of the District	lands can be found in	
Exhibit "A". The	District	infrastructure and improvements for	Phase 1	are	designed to serve	
and specially	benefit	the	lands within	Phase	1.	Similarly,	the	District	infrastructure	and	
improvements	for Phases 2	and 3 are	designed	to	serve	and specially benefit	the lands	
within	Phases	2 and	3,	respectively.		The	estimated	costs	of the	Phase	1, 2	and	3 District	
infrastructure	and improvements (and	the	estimated	costs	for the	District'sentire CIP)	are	
presented	in	Table 2.																											
Bond	Requirements																										
The District intends	to finance	the majority of	its	CIP	by	issuing	bonds.	These bonds		will	
be issued		in	several	series,	as development progresses	within	the District.	The District's	
first series	of	bonds	is	expected to	be issued in the 2017 calendar year	("Series 2017	
Bonds")	and	will	help	fund	the	costs	of	the	Phase		1 District	infrastructure	and	
improvements.	The		Phase  1	District	infrastructure	and	improvements	will	be assessed	
solely	to	properties	located	within		Phase  1.	Similarly,	the		Phase	2 and	3	District	
infrastructure	and improvements will	be assessed	solely to	properties	located within	Phase	
2 and	3,	respectively.	A number of	component	funds comprise	the	total principal	of	the	
bonds	to		be		issued	by	the	District.		These funds	may		include but	are	not	limited	to	
acquisition	and	construction,	capitalized	interest,	a	debt		service	reserve,	underwriter's	
discount, and	issuance	costs.																							
An estimate	of	the	initial	bond issuances	required	to	fund	the	Phase	1, 2	and	3	District	
infrastructure	and improvements is	found	in Table 3.	As	bonds	are		issued	by the	District	
over time,	Fishkind	will	issue	supplemental assessment methodology	report(s) detailing	the	
particulars	of	each	specific	bond issue. The	supplemental	report(s)	will detail the	terms,	
interest rates, and	costs	associated	with	a	specific	series of	bonds.	The	supplemental	
report(s)	will		also detail	the	specific	bond debt	service	assessments	for properties	that	
have been	assessed	to	secure each	bond issuance.																

5

3.0

Assessment

Methodology

3.1

Assessment Foundation																							
The assessment		methodology	associated with the	allocation	of	the costs of	the CIP	is	a	
four-step	process.	First,	the	District	Engineer	determines	the	costs	for	the	District's	
infrastructure and related	improvements.	Second,	an	estimate	of the	amount	of bonds	
required	to		finance	the  infrastructure	improvements	is	calculated.	Third,  the	District	
Engineer	outlines	which parcels benefit from the	provision	of each phase of	infrastructure	
and  improvements.	Finally,	the	as-financed	costs	of	the	infrastructure	and	related	
improvements are allocated to	the	benefiting properties based	on	the	approximate relative	
benefit each unit	receives	as expressed by that unit'sEquivalent	Residential	Unit	("ERU")	
Factor.																													
In allocating	special	assessments	to benefiting property, Florida	governments	have used	a	
variety of	methods	including, but	not limited to,	front footage, area, trip	rates, equivalent	
residential		units,	dwelling	units,		and		acreage.		Fishkind		has	determined	that	an	
assessment	methodology		based	on	equivalent	residential	unit	("ERU")	values	is	
appropriate.	These	ERU values equate	the benefit	received	by	a stated amount	of such	
particular	land use	category	to the	benefit received by a typical	single-family residence.	
The use of	ERU	values to estimate	the benefit derived	from infrastructure improvements	is	
recognized	as a	simple, fair,	and reasonable method	for apportioning	benefit.	ERU values	
are a commonly		accepted	method	for calculating	special	benefit	assessments	in	Florida.	
Here, Fishkind has chosen	to assign an	ERU value	of 1.0 to each single-family lot.				

3.2

Allocation of	Specific Assessments														
The CIP	cost	estimates are outlined	in Table 2	and described	in detail in	the	Engineer's	
Report.		The		maximum  amount  of	bonds	required	to	fund	the	Phase  1,  2 and  3	
infrastructure costs has been calculated and	is shown in Table	3.	The	bonds principal and	
related	annual		debt service	assessments assigned to Phase 1,	2 and 3	will	then be equally	
divided	among	the number of lots platted for each phase. The	resulting	bonds principal and	
related	annual	debt service	assessments for	Phase 1,	2	and	3,	and	each	lot	planned for	
each	of	these		phases, are	shown in	Table	4.	Table	4	becomes important	as the land	
within	a	phase	is platted, as specific	bond	debt service assessments	will	be	assigned to	
the individual Development	Units within the	relevant phases at this time.			

6

3.3

Assignment of Specific	Assessments										
Assessments securing	bonds issued to fund Phase	1 properties will initially be assigned to		
Phase	1	properties	on	an	equal	per-acre basis. Similarly,	assessments securing	bonds		
issued	to	fund  Phases 2	and	3	properties will	initially	be	assigned to  Phases 2	and 3		
properties on an equal	per-acre basis,	respectively.	The	assessments	for each phase will		
then	be equally divided	among	the lots	within that phase,	as	property is	initially platted. The		
final	assignment of bond	debt	to a specific lot does	not take	place until	the land containing		
that		lot is	platted	(a	platted single-family lot will	be	referred	to	herein	as a "Development		
Unit").	The specific	bond	debt	assessment that	is assigned	to	platted	Development	Units		
											
will	be	detailed in	one or	more	future supplemental assessment	reports, in accordance with		
the	principles and	allocations set	forth in this Methodology.							

3.4

True-Up Mechanism

In order to ensure that the	District'sbond		debt will	not build		up on the unplatted land		within		
each phase,	the District	shall	periodically		apply a	"true-up"	test.	Initially,	District bond debt		
shall be	allocated to	each	phase as	outlined in	Table 3.		This	bonds	debt shall,	prior	to		
platting, be	allocated	equally	to each	of		the	undeveloped	developable	acres within	each		
phase.	As property	is platted, "true-up"	or density reduction	payments	may become due		
based	upon  the  amount	of	bond	debt		assessments	initially	assigned	to  phase.	For		
example,	as	outlined	in	Table	3, it	is	estimated that $7,115,000	in	bonds	principal		will	be		
allocated	to	Phase	1 at the		time	of issuance.		This	$7,115,000	in		bonds principal	is		
expected to	be allocated equally to	the 204 lots planned	for	Phase 1 at the time Phase 1 is		
platted.		However, should	it	happen	at the time		of platting	that only 203	lots have	been		
identified in	the	plat,	the owner of Phase	1 at the	time of platting	will	be required	to	make a		
true-up	payment to the	District equal to	the	bonds principal assessment assigned		to one		
single-family residence.	The bonds principal	true-up test shall	be applied at the completion		
of the	platting	of 50%,	75%,	90%,  and		100%	of the	developable acreage within	such		
phase.	It is	the	responsibility	of the landowner of record	of the affected	parcel to make or		
cause to	be	made any	required true-up	payments due.		This	true-up	obligation	runs with		
the land	within	the District.	The District	will	not	release	any	liens	on		property	for		which		
true-up	payments are due	until provision	for	such payment has	been	satisfactorily	made.		
											
The true-up	thresholds	for	the	lands within Phase 1 and	Phases 2 and	3 are found		in	the		
table below.																															

7

Initial True-Up Thresholds

Catego!}'.									
Ph.	1	Developed Acres						
Ph.	1	Undev. Acres								
Debt per Undev. Ph.	1 Acre	-					
- -	- -	-  -  -	-	-	-  -		-	-	-		
Ph.	2	& 3	Developed	Acres						
Ph.	2	& 3 Undev. Acres						

50% 21.8 21.8

$162,964 -------- 33.6

33.6

75%	90%	100%		
	32.7	39.3	43.7		
	10.9	4.4	0.0		
					
$162,964	$162,964	$162,964		
- -  -	-----------------		
	50.4	60.5	67.2		
					
	16.8	6.7	0.0		

Debt

per Undev.

Ph.

2

&

3

Acre

$155,655	$155,655	$155,655	$155,655	

In

the

event

that

additional land

not

currently

subject

to

the

assessments

required to

repay

the

debt

associated

with

the

CIP

is

developed

in

such

a

manner

as

to

receive

special

benefit

from

the

CIP,

it

is

contemplated

that

this

Methodology

will

be

re-applied

to

include

such

new

parcels.

The

additional

land,

as

a

result

of

applying

this

Methodology,

will

be

allocated

an

appropriate

share

of

the

special

assessments,

while

all

then-assessed

parcels

will

receive

a

relative

adjustment

in

their

assessment

levels.

4.0

Contribution	of District Infrastructure and/or	Improvements												
The  costs		of	the	District's CIP	will		likely	be	funded	by two	mechanisms.	The		first		
mechanism	is	the	issuance of special	assessment bonds.		The	second	mechanism is	the		
contribution	of funds or CIP components	to	the District	("Contribution").	Property	owners		
									by		
within the	District	will	have the	opportunity to	make such a Contribution	upon	approval			
										
the District.																															
A District	property owner'sContribution	will	give rise	to	assessment credits	that	can	be		
applied by	the property owner to reduce	or	eliminate	bond	debt	service	assessments	that		
											
would otherwise be	assigned to lands	within	the District to	fund the costs of the	CIP.	Prior		
to a property	owner	reducing	or	eliminating	bond debt	service	assessments	through a		
Contribution,	it	must	be  shown	that	the	improvements	funded	or contributed	by		the		
property	owner	are	a component	of	the	CIP, as outlined						Report.		The		
								in the Engineer's	value of	the		
property	owner	will	be permitted	to	apply	assessment	credits	equal to the				
Contribution plus	the	costs of	financing	the	improvement(s) that would	otherwise	have		
											
been incurred	by	the	District if	the	District were	required	to	issue bonds to	fund	or acquire		
the improvement(s)	(such that	the	property	would not	be	responsible	for	bond financing		
costs if	the	Contribution was made	prior	to	the				issuance of special	assessment		
						District's	due to a Contribution will,	in	the		
bonds).	A	property	owner possessing	assessment credits					

8

District'sdiscretion,	have	the	opportunity	to use	the		
debt service assessment levels of Development	Units.		

assessment

credits

to

adjust

bond

5.0

Bond Assessment Roll

The table below outlines the maximum bond principal assessment per developable acre for

lands within Phase 1 and Phases 2 and 3.

Bond Assessment Roll

Phase 1

Parcel ID 272704722000040130 272704722000040170

272704722000040190 Subtotal, Phase 1

Acres

19.64

19.06 4.96
43.66

Max Bond Princi~al $3,200,609 $3,106,090 $808,301 $7,115,000

Max Bond Annual (1) $263,542 $255,760 $66,557 $585,859

2&3 2&3 2&3 2&3 2&3 2&3 2&3 2&3 2&3 2&3 2&3 2&3 2&3

272705725500010210 272705725500010230 272705725500010290 272705725500010280 272705725500010270 272705725500010260 272705726000020153 272705726000020151 272705726000020140 272705725500010221 272705725500010260 272705725500010230 272705726000020120 Subtotal, Phases 2 & 3

4.80 4.80 4.75 4.75 4.77 4.77 4.82 4.60 4.91 4.81 4.77 4.80 9.85 67.20

$747,143 $747,143 $739,360 $739,360 $742,473 $742,473 $750,256 $716,012 $764,265 $748,699 $742,473 $747,143 $1,533,199 $10,460,000

$61,521 $61,521 $60,880 $60,880 $61,136 $61,136 $61,777 $58,957 $62,931 $61,649 $61,136 $61,521 $126,246 $861,290

Grand

Totals

110.86

$17,575,000

$1,447,149

(1) Values include a 7.0%	gross-up to account for the statutory early-payment discount and	
collection charged by the	county properly appraiser and tax collector.	

the

fees

and

costs

of

9

EXHIBIT A

LEGAL DESCRIPTION
HOLLY HILL ROAD EAST - COMMUNITY DEVELOPMENT DISTRiCT

ll&GIN AT mt NQa1HWE$T C~R Of SAio TI\I\CT 29, /!,Ill) P.WI mrntE ALOl!{;TH~ ll(~llJ ltffl 1HEll(OF $,~"53'06'.f, 3lv,18 FECJ TO Ill!: NOllTHEAST CORNEIi lllfl'lfOf, 51\11) rolifALSO llllNG TIit sounlWl.Sr COi!Re~ Of SAJD TMCT ll; 11111!([ ldONG TI!f WID UNE 0~ !MD TIIACT 21 NW'lS'n·-w, 64().90 nn TO A PQINT llll THE soum
tM!NrAIN[() ftlGHMlf•WIIV Lill£ PF ,0Jlf$T LA~f llnll'f i\CCOllOtNG 10 THE MAP A.\ fl[CQWfD IN MAP OOOK l1, MGES 100.10B,l'IR>\!C llf(OADS Cl'POOi; CCUlflY, FLOnJOk lllUI« MOO(; S,'JJI saun1 l,1AINT~JNW ~,mn-o, WAY LINE Till FOUOW!~ TIIM( {JI counsu, 1) S.S~'>l.ill-1'·(, 95,08 ff CT; ll!Ull'.t 11 S-~•l)S'(l&".f, 71-H nrr, 111.(NCI!. 3)

s-89'S6'5r-r, 100,ltiFEUTO/\ POIITTOII Ulf EI\ST UNE OHAlD'fl!A{T 11:TiffflCE (l[PMm!!GSMIMAJNTAl!(!D~IGIIT-Of·WAV UH£. ANOAl.l»IGTI!:lc EASTUNE Of SNOTMCf 21 H(J'B'lll"·!, Ul!.91 fat TO THE SOlmlruT COAN[ll Tilfll10F, !Aro FOJNJ 1,150 ~ TIit NOlllllYIUT 1:DIINEfl Of SAJO Tlll\CJ 27; 1lltrlC£ Al,O,IG lHE 1101\TH IPlf IN 5"10 TAACT 21 S.~'Sl'Oo·E. 3~6.'.111 fff,J TO ll!i NOHTiltMT {C!IINER TI~Cf; THENCE AlOPlG 1Hf Wi!.t Ullt Qf $1,lP WCT 23 IHJO'lrll"·W, t.li~ nu TO A POIP{T 01+ ~ soum M...ttlT/\INEll ll!GIIT-Of,WIIY LINE OF HlR£$r IA~£ ll!ll\lt; Tl!WCf ltlOHG $ND SQUTlf WJNfAllffO 11,!(jlJT-OI-WAY U/lt THE t0!LOW1trn 1\YO 12) COUIUtl: 1) 5 ...,-n·~•-F, IU,J? HIT; n1rnct i) S-&9'WW'-E, m69 f[fflO Al'OIIITOPI lilt EMT UNE Qf SAIDlRACT23; t111N(E 0£PAR1]rlij SJ\10 SOlJIM MMHJAIPl!D l!JlGllHJF,WAl

UNE, Allll MONG TII[ l'.ASJutlE OF SALO TIIACT ll S,00'13'01"·1', 634,92 ru:t 10 THE SOIJ!llEASf COIINUl Ttl[ff[Of, SIJD l'OlllT AUD Bfl.'16 n,~ NOlinl!Mf CORNtR Of !lilD TRJ.l;T 16; Tllflfl;{ Al.000 Tl!£ EM( UM Of SAID tlu\O'19 s-00·n·sg•,r, uua na TO A l'OINT 011 TI!£ tlORTII IUGHt,O!,W,,Y UNE Of IIORnl BOUUVMD Wllit Fili 0.11.
BllllK 1s1, Pl\1iE 70')tf TII[ PUO(JC lilCOIIDS OF POU: OllJfrTY, flOIIID.11; THu«( MOrlll SAID li0Rm IIIGHT-Of WAY UN( P[RO.h. ~ 781, PA.1'~109, lttlDl'DI 0.11. DOOK YBl, PAG£ M-1,ANDl"!;R 0,i;\. OOOl:1111, l'ltGE'9C., MLUI tllE P\!l!UC O(COJIM or l'OIXCOUlfl\l,Fllljtl(IA, 1!,ij~•.w44•.w. UOS.«.Htl'10A Pllil!TDNl}lt;WfST UNC OF SA!IJlMCI' 19; llllHCEAIDNG THE WEST utl[ OF SAIOlllACJ M N.ttr'Wllli'-E,633,71 f[flTOTilf ~OINTOf EE<>INNl!ffi.

PROl'\IRIYD£Wllli£D(OPffAIN51!1-S8ACRES,M~OIIW.1.

AIID

BEGIN ATTI!f NCOOltWT (OJl!jtR OF SAi!> lRACT 12 ~ AUN 1111.HUAI.ONO 111:i wt UIIE TllER[Of, 5-00'39'.f.4".f, MD,29 urrmnu 50IJT11£Ml' COIIIKR lHEREOf; tHENi;E ALO!ffi THE soum UN[ OF SAID Tl!AtTS 12, 13, 14, n llll □ 16 ll-1?'20'1~·-w. 1Gl8.9(i fEEt TO A POOIT ON 111{ Wt IU(lllf,Of.W...YuPIE OF IIOLLV lllll ~DAD, tlll O,IL BOOK 1B1, PAGE 7D PUOOC A[{OlM 01' POU {01.JNTY, fl.0Rltlll; THEll(E AIOPlG 5MI> wr IIIGHT,Df-WAV llllf, MID nm1 COllntlUJtl(l AlQNG THE WT RIGMHlf·WAY Of HOUY l!ULROAO, PER 0.11, WOK 781, !'AG£ 715 PUDUt llt{OftDS OF POLK COUNlY, flORIM N-00'19'2&'·~'', Ml.M HfHOA Nlllll 0111HE IIO~rn Ullo or SM> TAACT If,; lltlNCE Alallli TH£ ff(lRTll UHF. Of 51\JO 1llACf:$ 16, 15, 14, U AtlD n, SM34"4l•·E, ~6.llt HU JO T1lt POINT (If P~GINNllttl.

PROP!III\I DfKRIStpmlfl'AllfS'.1.4.17 ACIICS. MORE 00 tm.

llli!!

afGIH lil Tllf NOOIHWtU m,mut Of 5.1\JD TMCT 16, MD OUN TH[IK£ ALO«G mr l!<Wll tlNE Of i/lJD Jl!AC1116. 15, 14, f,ND n H,-jg',UOO"-E, UOOS4 HIT 1Q THE NO<llntfA5T ro~Nfll Of 51ttD flllt.CT U; tlltPICE A10PIG Tltf WT U7tt!: Of SIi.ID lllACT 1i i\HDTHE SOUllifMY rnoucnaN TlltlltOF, S,(IT47')5'".f, 66Ml f((f JO A PDIPIT 011 MSOvnt l!lil'OF Til(HORTtlWl.51 II W THESDUJl{WUTK Of SMO HC110004;lll{HtE AIOIIG SJ\lllro\JfH UNE lf.89"Wi12"•W, l31.',I fEIT, THffiCE ALONG rm HOJlflliRlY

Pll[}JECl!QII Cf'me WT UN[ Of Si\li) lMCf 19 Nib TIiie ~ 1.me Of 5J\IO TMCT 19 S-llo'4D'•W•E, lwl.55 f[[f TO TiliE SOUtHWT tolltlfll ll!(ilfOf; TI!EIICC MONG 1Hl sotrm ~ (If SAIP TAACT 19 S.1'9'l0'1r-w. l:U.4i FlET 10 mr WUOIWUJ C~R OI SAID TRJ,i;T Ill, AJSO fl(Ul{l '11lt NOf!tllWT (:ORNEII Of MID 171ACT 31; THUi((

AUJN!i THE EAST Ulll or SAl'!I T9AtT at S.Q\'.1'47'W•f, 618.10 fffT TO A HllPIT 011 lHE N~TH !IIGHT-Of·WAY llM Of toUNN ltOJ\D 547 IW RIG!IT-Or-WM WIOfHl; THEHCE ,,LD/lG 5Ml HORTH RIOHT-Of,WAV Ul!ts-a~•a9'o1'•W, 1;47,5'0 ff IT TO Ii l'OIITTON1lltYIUTU!fr Df $AllllMCTU,; llltNC@ltl.Ollli SAIOWEST IIJPiETil:fF;{Of, MIO 11!.0IIG Ynt WE$T UUF. Of SIUO TAAIT HAND mt tlOMHUI!Y rRQJFCTIQJI THEMOf, li-00'46'2S·•w, J.l'J,ii68 fUT TO A POINT OIi Ill~ mxim UNE OF TIit SOlmlWBT II Of nu $0U1l~sr II Of 5A![) UC110/f 04, AUO btltili 1H!i SOIJlll LIM Of THE 110.llTI!WtSl JI Of THE $0illllWUT II Of SJIID SfCTIDN 04; 111:Ell(E Al cal ti T1ff SOOTliCIILY Pi«lJlC!lOll Df Tll~ WfSTUUf Of 5AA>ll!ACJ 16, AND/tl.OWG SIi.iD Will UH< N-00'115'S1"·\Y, GW.Sl Utt TO Tili PDINJ OF BEQNNING,

Pl!Oinln'DESCRl!!9 a!HTNll1: 44,411\CAB, MO~L OR ll!S

llli!!
IWim AT ft ~r lAOff RODA.HD CAP "LO u~- SfMIDJ!iG AT THE SOtmlWUTCOIIJltn Of SIIJD TIW:f 11, ~ POINTMSO 0[!/IG ll!l.ll'OJIIHWtlT(QR/ffll Of TIV,CT 21or SAID

HWH'O"-W, f,U.4'J FEU TO TllE llffiMfCTION OP 51\JOWl.!if UNE AHO
mf SOUTH MAINTAl!ilO H!Gflf.Of,WAY Df FOfl~TIAlif DOIVE I'll!MAI'eooK n. PA(;£ JIJO, PUBI/C I\HOf\llS Of ,cu: COUNlY, llOJUOA! Tll!fief ,\I_OlfGSAID ID Um MAlllTAINto Rl(ilff,0F-WI\YT11£ rouowma lllRH Ill COU!ISU: JI 11~•47'~],'-f, 100.2' Jm; 2) J1ftl.lCE ~$'09'll'..f, 20617 f([T; Tiffll(t )) H9'4!f49",f, 2().44 FEEi" TO
Ttl( INTUUU:iirm OF $AID SOUTtl I.WNTl\111[0 nl(l!IJ-Or-WAY Af/0 TUE EA$Y 00. OFMIID llll\CT 22; THfllC[ IIIDNG 11\JD WlUlf< XIJ'17."4l"•f, f.40.18 IUHOA '!,/8' l!IPN RO(IJ>JID CAI''IB lll5" nAll!llNO Ill 'lliE 500flll'.MTCOR11U 01' SJ\!01111\CT ~2, SJ\10 PDIHT AISO SUNG bl£ liOJIIHEAST(ORNC~or Sl\lDlMCT2111HENCE AlDNG llil<SOI.JTii IJIIE OF SAIIHIIACTU, /11.50 Bf ING Tl![ IIO!l111 Uti( OF !IIJDtilACT 21, ff,11')'~~1~-w. lli1fil(ET TO 111£ FOINT OF e,GINNlll(I.
THE MICNC OfSC!tlDfCJ WlDS corn- 4.82 MIili, t,IDRE D~\ESS.

AND

M61N AT AS/8' 11\'0ll llOOl'ITIH CAI''lB 6135' HAlilllNG ~TTilt INUM.ECTION DI'lHE WUTUNf OF 5-NnTllACT 25AliD111tl!OJIIJJ lllGIIT·Of~AY Of ffOfflll BOULlVAAll
~f~ QfFIPl,l,~[(Olll)S BOOK 194, PM;,£ 7Bt, PIIDUC R[~QIIDS r:,; rotx {OU'!IJY, fl Ont CJ/I, MO nuu AtDHCi $,\JD WEST LINE IHJO'll"l8',.W, ll)UQ IEEr TO J\ 5/5' ~ 1101) MID i:AI'"I.II am,• STI\HlllNG l,T THE ll{JRT!i\Y[U OO~Nl.ll Ot SAIP T1II\Cl is, µJI) POINT 1,LSO IIUIIG tllE .SOUlll~ WIINfH Of SNO TRACT 24: lll!NCE MOrlG TII~ W~T

llllf OF SA!DlllM:f 24 N-liO'U'!a••W, 64<t~7 HIT TO A ~/8' Ill.CH 1100 i',ND CflG> 'II! 81l~• $TANOIIIG AT Tllf IIITERSfC11011 (» .$.W WlST UNE A!iD THt 500Tit MNNTltJNfO ll.f(ilff-Or-WAY OF fOIIDT LIIKE DRIVE FtR MAJ> EOQK 17, PMiE JOQ. MUC lt{CORDS Cli'fOJJ: i:ntlfffr, FIOMJ,\; TilfNC( MONG SN/a $DUTIi MAlll1Ale.'E □ fllfjllT-OFWAY TIIE fOll.lWIWIG (1Gllfl81 COURSU: l) ll-$!1•~71()',[, l~Bl ffCT; mrnu 2]$,M'2Y34',r, 5~5l FUT: THEN[[ 3) H4"()2'1l,•.~ 28-'l Flrn nm1u HJ S-69'0J'U",E,, 2'-61 ,tU; tHillC. [5)Vi~'lll'Ol'•f, 2S.17 HU; TliCNCf {i) S..W'l1'$r•E. 2S.(;Q UH; THfffCf OJ H2'01'M"•F. 27..U fEEl; l}!fNtE (l!)HP1'00'.5S"·E, HA) HET TO lllt EMT U/1~ OF SA,11)
TRACT M! TIIU/ctlli.OIIGSAIDEAST UNE$-00'19'41•-F, 556..SJ HITTDJ\ S/r ~tlllDOMtl tAP •t!j ans• 5lA/lOOIO IITT11ESOUJHEl\!,Y~D!INEflOF/il,1 □ Tlv'.cTM, SNOtOOff
Al.SO Mll«l 1HI: liORIHrAST CCJIINEfl Of S"'1P TMCT:r~•. 15; T11€NC{ MrutO 111[ tMI UtiE OF $JUD TJ!l,t;T6!1l,"1255-oo' J9'41",f, f£B 10111£ NORTH lllf'>IIT-OF·WAY OF HOl!nt BO\JllVMO wur PEIi Ofl!C!Jil R!OORIJS BOOK PA~ 787, PllDUC R[COO>:I OF l'Ol.lttOUtm', flllRIDA; mrnce M.Ol!G SAJ() HOIITII RIGHT.Of.WAY ll~'O'lli"•W, ll4,57
Ff ET TO TH~ N>INT or •t<IIHM!NG.

THE ADO'JE OCStfl11D[ll WlOS COHtAIII M, ACRES, MOllf DR lBS,

10

APPENDIX TABLES

11

	APPENDIX T,f\BILE ~	I  I	- I- [		
1	Holdr HILL bdAol	EAsrl cob			
	I   I	I	1'" I	I	I   I	I			
	DISl[RICT !LAND USE RL.6JNI	
1AM~~0Eb	&IR$sr~rtjo I	I	I	I	

I
I I I
\

I

: I I

!

MA~llER !AS$E$SMENif l\"IETHopqLOGY ~EPO~T

Development Phase

Phase 1

Phase 2

Phase 3

Total

Estimated Start Date

2017 2018 2020

Estimated	Number of Single-	
Completion Date	Family Lots	

2018	204	
2019	100	
2021	182	
	486	

Master Assessment Methodology	Fishkind and Associates, Inc.	Appendix Table 1

:APPENDIX T AB[LE 2	[  [		I	I	I		
		i	I				
!Holdr HILL ~dAoi EASTI cob	I		)		
	I		i		
1	I   I	I	I   I	I	I   I	•	I				
•CIP COSTIESTIMATESI	I		:		
	I				
:AM~NDED & !RESTATED I	I	I		I		
:	I	I	I    I	i	I    I	I	I		I		
MA$liER Y\SSESSMEN]I" !VIETrf OIDOLO~Y		

I	I	!		
	i			
		I		
	I			
				
	I			
	I			
	I			
~EPO~T		

i I '

!

I ! I

I

Infrastructure Component

Offsite Improvements

Stormwater Management

Utilities (Water,Sewer, & Street Lighting)

Roadways

Entry Features & Signage

Parks and Amenities

Contingency

Total

Estimated Costs	1	Estimated Costs	1	Estimated Costs	1	Total Estimated	
Phase 1	Phase 2	Phase 3	Costs	
$120,000	$125,000	$180,000	$425,000	
$2,427,600	$1,190,000	$2,165,800	$5,783,400	
$1,142,400	$560,000	$1,019,200	$2,721,600	
$882,300	$432,500	$787,150	$2,101,950	
$100,000	$170,000	$365,000	$635,000	
$404,963	$140,000	$255,037	$800,000	
$200,000	$105,000	$191,000	$496,000	
$5,277,263	$2,722,500	$4,963,187	$12,962,950	

Master Assessment Methodology	Fishkind and Associates, Inc.	Appendix Table 2

:	'  ...	'	'  l	E?	I	I	'	I	I	,		
:APfE('IDI?<TA.Bi		I		i	I	I			
!HOLLY HILL ROAD: EAsTI	cob	l	I	I		
	I   i	I	I   I	:	I	I	i	i	I	I		
ESTl!MAT~D!BON~~ DETfl~s1.		
:AMJ:NDED &11Rl=ST{\TED	I	I	I	11,	!		
,	1·1	1	i	,	1		1	1		,		
MApljER ~S$E~SMEN1f IVIETHOPqLoq;v		
1												

I	1		
1			
	I		
I			
	1		
~Ep~O~T		

Bond Fund

Construction/Acquisition Fund

Debt Service Reserve

Capitalized Interest

Costs of Issuance (Including Underwriter'sFee)

Contingency

Total Bonds Principal

Bonds Details

Average Annual Interest Rate:

Term (Years):

Capitalized Interest (Months):

Net Annual Debt Service:

Gross Annual Debt Service (2):

			Total Bonds (all		
Phase 1 Bonds	Phase 2 Bonds	Phase 3 Bonds	Phases) Value		
Value (1)	Value (1)	Value (1)	ill		
					
$5,277,263	$2,722,500	$4,963,187	$12,962,950		
$544,849	$289,463	$511,537	$1,345,849		
$924,950	$491,400	$868,400	$2,284,750		
$367,300	$275,600	$333,600	$976,500		
$638	$1,037	$3,276	i1.,951		
$7,115,000	$3,780,000	$6,680,000	$17,575,000		
6.50%	6.50%	6.50%			
30	30	30			
24	24	24			
$544,849	$289,463	$511,537			
$585,859	$311,250	$550,040			

(1)

(2)

The values shown are

Values include a 7.0%

estimated

gross-up

and subject to change.

to account for the statutory early-payment discount and the fees and

costs

of

collection charged by the county property appraiser and tax collector.

Master Assessment Methodology	Fishkind and Associates, Inc.	Appendix Table 3

:APPENDIX: TiBILE -:1,	I I	I	I	I	i	I	I		
1											1	1		
Ho~dt'HILL ~ oAol EAsTI cob		I	i				
	I			I	I		
.	I	I		I	i	I   I	I			I				
1MAX1IMUMI	BONDS ASSESSMENliS1		
iAM~~DED &!RESTATED I	l	I	I	:	I	I		
I		I	I	I	:	I   I	i	i	I	I				
MApljER y.\S$ESSMENjf n,'IETHO~dLO~YIRE		
1														

I

I I
I

\ I
O~T

I I

Phase

Phase 1

Phase 2

Phase 3

Total, all Phases

	Bonds Max	Bonds Max	
	PrinciQal Assmt./	PrinciQal Assmt./	
Planned Lots/ERUs	Category	Unit	
204	$7,115,000	$34,877	
100	$3,780,000	$37,800	
182	$6,680,000	$36,703	
486	$17,575,000		

Phase

Phase 1

Phase 2

Phase 3

Total, all Phases

	Bonds Max Net	Bonds Max Net	Bonds Max Gross	
	Annual Assmt./	Annual Assmt./	Annual Assmt./	
Planned Lots/ERUs	Category	Unit	Category {1}	
204	$544,849	$2,671	$585,859	
100	$289,463	$2,895	$311,250	
182	$511,537	$2,811	$550,040	
486	$1,345,849		$1,447,149	

Bonds Max Gross Annual Assmt./ Unit {1} $2,872 $3,113 $3,022

(1)

Values include

a 7.0%

gross-up

to

account for the statutory early-payment discount and the fees and costs of collection charged by the county property appraiser and tax collector.

Master Assessment Methodology	Fishkind and Associates, Inc.	Appendix Table 4

Holly

Hill

Road East

Community

Development District

Resolution 2018-06

		RESOLUTION 2018-06										
	A RESOLUTION OF THE BOARD OF SUPERVISORS OF					
	THE    HOLLY    HILL    ROAD    EAST    COMMUNITY					
	DEVELOPMENT	DISTRICT	DECLARING	SPECIAL						
	ASSESSMENTS	ON	THE		EXPANSION	AREA;						
	INDICATINGTHELOCATION,NATUREAND						
	ESTIMATED   COST   OF   THOSE   INFRASTRUCTURE					
	IMPROVEMENTS  WHOSE  COST IS  TO  BE  DEFRAYED					
	BY  THE  SPECIAL  ASSESSMENTS;  PROVIDING  THE					
	PORTION   OF   THE   ESTIMATED   COST   OF   THE					
	IMPROVEMENTS TO BE DEFRAYED BY THE SPECIAL					
	ASSESSMENTS;  PROVIDING THE MANNER IN WHICH					
	SUCH   SPECIAL   ASSESSMENTS   SHALL   BE   MADE;					
	PROVIDING   WHEN   SUCH   SPECIAL   ASSESSMENTS					
	SHALL BE PAID;  DESIGNATING LANDS UPON WHICH					
	THE   SPECIAL   ASSESSMENTS   SHALL   BE   LEVIED;					
	PROVIDING FOR AN ASSESSMENT PLAT; ADOPTING A					
	PRELIMINARY  ASSESSMENT  ROLL;  PROVIDING  FOR					
	PUBLICATION OF THIS RESOLUTION.										
WHEREAS, the Holly Hill Road East Community Development District was established		
by Ordinance No. 814 of the Board of	City Commissioners of	the City of Davenpo1i, Florida,		
pursuant to Chapter 190, Florida Statutes, as amended (the "District"); and						
WHEREAS,  on  March  5,  2018,	the  Board  of City		Commissioners	of the  City  of		
Davenport,  Florida  adopted  Ordinance	No.  841	amending  the  boundaries  of		the	District to		
											of	the District		
include approximately 14.3 additional acres to those lands within the boundaries				
					
(the "Expansion Area"); and																
WHEREAS,  the  Board	of  Supervisors	(the	"Board")	of	the  District  previously		
determined  to	unde1iake,  install,  plan,  establish,	construct  or  reconstruct,  enlarge  or  extend,		
equip,  acquire,  operate,  and/or	maintain	the  infrastructure  improvements  described  in  the		
District's Engineer's Report for Capital Improvements,	dated June 2017, and to defray the cost		
		and								
of such improvements through the levy of special assessments;									
										
WHEREAS,  the  Board  now hereby  determines  to  unde1iake,  install,  plan,  establish,		
construct  or	reconstruct,  enlarge  or	extend,  equip,	acquire,	operate,  and/or  maintain  the		
infrastructure	improvements  (the	"Improvements")	described	in	the	District's		Amended	and		
											
Restated lvfaster Engineer's Report, dated March 21, 2018, attached hereto  as		Exhibit A and		
incorporated herein by reference, which includes the additional improvements necessary for the		
Expansion Area; and																
WHEREAS, it is in the best interest of the District to pay the cost of the Improvements		
by special assessments pursuant to Chapter 190, Florida Statutes, (the "Assessments"); and			

1

WHEREAS,  the  District  is  empowered  by  Chapter  190,  the  Uniform  Community		
Development District Act, Chapter 170, Supplemental	and Alternative Method of Making Local		
					
Municipal Improvements, and Chapter 197, the Unifmm Method for the Levy, Collection and		
Enforcement of Non-Ad Valorem Assessments,	Florida Statutes, to finance, fund, plan, establish,		
acquire,  construct  or  reconstruct,  enlarge  or  extend,  equip,  operate,  and  maintain  the		
Improvements and to impose, levy and collect the Assessments; and				
WHEREAS,  the  District  hereby  determines  that  benefits  will  accrue  to  the  prope1iy		
improved, including the prope1iy within the Expansion	Area, in the amount	of those benefits,	and		
					
that special assessments will be made in propo1iion to the benefits received as set forth in the		
Amended and Restated Master Assessment Methodology Report, dated March 21, 2018, attached		
hereto  as  Exhibit  B  and  incorporated	herein  by  reference  and  on  file  at  12051  Corporate		
							
Boulevard, Orlando, Florida 32817 (the "District Records Office"); and				

WHEREAS, the District hereby determines that the Assessments to be levied		
exceed the benefit to the prope1iy improved, including the property within the Expansion		
	NOW, THEREFORE, BE IT RESOLVED BY THE BOARD		
	OF  SUPERVISORS  OF  THE  HOLLY  HILL  ROAD  EAST		
	COMMUNITY DEVELOPMENT DISTRICT:		
1.	The  nature  and  general  location	of,  and  plans  and  specifications		
				
Improvements  are  described  in Exhibit A,  which  is  on file  at the  District Records		
Exhibit B is also on file and available for public inspection at the same locations.		

will not Area.

for, the Offices.

2. Cost").

The  total  estimated  cost

of

the  Improvements  is  $12,190,263  (the  "Estimated

3.	The Assessments	
Estimated	Cost,  plus  financing	
contingency.	

will defray approximately -related costs, capitalized

$ _____ interest, debt

, which service

includes the reserve and

4.	The manner in which the Assessments shall be appmiioned and paid is set fo1ih in		
Exhibit B, including provisions for supplemental assessment resolutions.				
5.	The Assessments shall be levied on all lots and lands, including	those within the		
Expansion Area, adjoining and contiguous or bounding and abutting upon such Improvements or		
specially benefitted thereby and fmiher designated by the assessment plat hereinafter provided		
for.						
6.	There is on file, at the District Records	Offices, an assessment plat showing the		
						
area to be assessed, with certain plans and specifications describing the Improvements and the		
estimated cost of the Improvements, all of which shall be open to inspection	by the public.		
				
7.	Commencing  with  the  year  in  which  the  Assessments	are  confomed,  the		
					
Assessments shall be paid in not more than (30) thiliy annual installments.  The Assessments		

2

may be payable at the same time and in the same manner as are ad-valorem	taxes and collected		
pursuant to Chapter 197, Florida Statutes; provided, however, that in the event the uniform non		
ad-valorem assessment method of collecting	the Assessments is not available to the District in		
								the  Assessments may be		
any year,	or	if determined by the District to be in its best interest,			
								
collected	as is otherwise permitted by law.														
8.	The District Manager has  caused to  be made a preliminary	assessment roll,  in		
						
accordance with the method of assessment described in	Exhibit B hereto, which shows the lots		
and lands assessed, the amount of benefit to and the assessment against each lot or parcel of land		
and  the  number  of annual  installments	into  which  the  assessment  may  be  divided,  which		
			as	the District's preliminary assessment	roll.		
assessment roll is hereby adopted and approved					

9.		The Board shall adopt a subsequent	resolution to fix a time and place at which the		
							therein may appear before the		
owners of property to be assessed or any other persons interested			
Board and be heard as to the propriety and advisability	of the Assessments or the making	of the		
Improvements, the cost thereof, the manner	of payment	therefore, or the amount thereof to be		
									
assessed against each property as improved.													
10.	The District Manager is hereby directed to cause this Resolution to be published		
twice (once a week for two (2) weeks) in a newspaper	of general circulation within Polk County		
and to provide such other notice as may be required by law or desired in the best interests	of the		
			
District.																

11.

This Resolution shall become effective upon its passage.

PASSED AND

ADOPTED

THIS

21

ST

DAY

OF MARCH, 2018.

ATTEST:

HOLLY HILL COMMUNITY DISTRICT

ROAD EAST DEVELOPMENT

Secretary/ Assistant Secretary

Chairperson,

Board

of

Supervisors

Exhibit

Exhibit

A: B:

Amended

Amended

2018

and and

Restated Master

Restated Master

Engineer's Report, dated March 21, 2018 Assessment Methodology Report, dated March 21,

3

Holly Hill

Road

East

Community

Development District

Resolution 2018-07

	RESOLUTION 2018-07						
A RESOLUTION OF THE BOARD OF SUPERVISORS OF		
THE    HOLLY    HILL    ROAD    EAST    COMMUNITY		
DEVELOPMENT	DISTRICT	SETTING	A	PUBLIC		
HEARING TO BE HELD ON _________	, 2018,		
			
AT __ __.M.	AT	THE OFFICES	OF CASSIDY HOMES,		
									
346   EAST   CENTRAL	AVENUE,   WINTER   HA VEN,		
FLORIDA  33880,  FOR  THE  PURPOSE  OF  HEARING		
PUBLICCOMMENT	ON	IMPOSING	SPECIAL		
ASSESSMENTS	ON	THE	EXPANSION	AREA  WITHIN		
									
THE   DISTRICT   GENERALLY   DESCRIBED   AS   THE		
HOLLYHILL	ROAD	EAST		COMMUNITY		
DEVELOPMENT  DISTRICT  IN  ACCORDANCE  WITH		
CHAPTERS 170,190 AND 197, FLORIDA STATUTES.			

WHEREAS,

the  Board

of

Supervisors

of

the  Holly  Hill  Road  East  Community

Development District (the "Board") has previously adopted Resolution 2018-06, entitled		
A RESOLUTION OF THE BOARD	OF SUPERVISORS OF		
					
THE    HOLLY    HILL    ROAD    EAST    COMMUNITY		
DEVELOPMENT	DISTRICT    DECLARING	SPECIAL		
ASSESSMENTS	ON	THE	EXPANSION	AREA;		
INDICATINGTHELOCATION,NATUREAND		
ESTIMATED   COST   OF   THOSE   INFRASTRUCTURE		
IMPROVEMENTS  WHOSE  COST  IS  TO BE DEFRAYED		
BY  THE  SPECIAL  ASSESSMENTS;  PROVIDING  THE		
PORTION   OF   THE   ESTIMATED   COST   OF   THE		
IMPROVEMENTS TO BE DEFRAYED BY THE SPECIAL		
ASSESSMENTS;  PROVIDING THE MANNER IN WHICH		
SUCH   SPECIAL   ASSESSMENTS   SHALL   BE   MADE;		
PROVIDING   WHEN   SUCH   SPECIAL   ASSESSMENTS		
SHALL BE PAID; DESIGNATING LANDS UPON WHICH		
THE   SPECIAL   ASSESSMENTS   SHALL   BE   LEVIED;		
PROVIDING FOR AN ASSESSMENT	PLAT; ADOPTING A		
PRELIMINARY  ASSESSMENT  ROLL;  PROVIDING  FOR		
PUBLICATION OF THIS RESOLUTION.			

WHEREAS,

in accordance with Resolution 2018-06, a Preliminary Special Assessment

Roll has been prepared Florida Statutes, to the

and all other conditions precedent set holding of the aforementioned public

forth in Chapters 170, 190 and 197, hearing have been satisfied, and the

roll and related Associates, Inc., Office").

documents are available for public inspection at the at 12051 Corporate Boulevard, Orlando, Florida 32817

offices of Fishkind & (the "District Records

1

NOW  THEREFORE  BE  IT  RESOLVED	BY		
			
OF  SUPERVISORS  OF  THE  HOLLY  HILL		
COMMUNITY DEVELOPMENT DISTRICT:		

THE BOARD ROAD EAST

1.	There	is  hereby	declared	a  public  hearing  to  be	held	at			.M.,  on		
												Avenue, Winter Haven,		
______2018, at the offices	of	Cassidy Homes, 346 East Central			
Florida  33880,  for  the  purpose	of	hearing  comment  and  objections	to  the	proposed	special		
			the	Preliminary	Special		
			improvements	as	identified	in						
assessment	program	for		District											
																				
						is on file.   Affected parties may appear at that hearing or		
Assessment Roll,  a copy	of	which			
						to	the hearing	to	the office	of	the District Manager at		
submit their comments in writing	prior								
Boulevard,12051Corporate				Orlando, Florida 32817; (407) 382-3256.											
2.	Notice	of said hearing	shall be advertised in accordance with Chapters 170, 190		
and 197, Florida Statutes,	and the District Manager is hereby authorized and directed to place		
		of	general circulation within	Polk County (by two publications one		
said notice in a newspaper(s)					
																
					at least twenty (20) days prior to the date of the hearing		
week apart with the first publication			
					file	a	publisher's	affidavit with	the	District		
established	herein).	The		District	Manager  shall								
Secretary verifying such publication	of	notice.  The District Manager	is further authorized and		
					of	this hearing	to the		
		notice by mail of the time and place					
directed to give thirty (30) days written						
					for		
							the amount	of	the assessment			
owners of all property to be assessed	and include in such notice						
				and notice that information		
												
each such property owner,	a description of the areas to be improved			
							The	District		
						ascertained at the	District Records  Offices.				
concerning	all assessments may be							
		by									affidavit with the District	Secretary.						
Manager shall file proof of such mailing																		

3.

This Resolution shall become effective upon its passage.

PASSED AND ADOPTED THIS 21ST DAY OF MARCH, 2018.

ATTEST:
HOLLY HILL ROAD EAST COMMUNITY

DEVELOPMENT DISTRICT

Secretary / Assistant Secretary

Chairperson,

Board

of

Supervisors

2

Holly Hill Road

East

Community Development District

Resolution 2018-08

		RESOLUTION 2018-08								
A RESOLUTION OF THE BOARD OF SUPERVISORS OF				
HOLLY	HILL	ROAD		EAST			COMMUNITY				
DEVELOPMENT	DISTRICT   DESIGNATING	A   DATE,				
TIME	AND   LOCATION   OF	A	PUBLIC	HEARING				
REGARDING  THE  DISTRICT'S  INTENT  TO  USE  THE				
UNIFORM METHOD  FOR THE  COLLECTION OF NON-				
AD  V ALOREM	ASSESSMENTS  ON  THE  EXP ANSI ON				
AREA AS AUTHORIZED BY SECTION		197.3632, FLORIDA				
										
STATUTES; AUTHORIZING THE PUBLICATION OF THE				
NOTICE  OF  SUCH  HEARING;  AND  PROVIDING  AN				
EFFECTIVE DATE.																
				District			Development	(the "District")		
WHEREAS, the Holly Hill Road East Community											
is  a local  unit of special-purpose	government created and  existing pursuant to  Chapter  190,		
		814 of the Board of	City Commissioners of the  City of		
Florida Statutes, and Ordinance No.				
Davenpmi, Florida (the "City"), and being situated entirely within the City; and				
WHEREAS, on March 5,	2018, the Board	of City Commissioners	of the City, adopted		
Ordinance  No.  841,  amending the  boundaries	of	the	District	to	include	approximately	14.3		
									
		of the District (the "Expansion Area"); and		
additional acres to those lands within the boundaries			
													
WHEREAS, pursuant to the provisions	of Chapters 170, 190, and 197, Florida Statutes,		
among others, the  District is  authorized to  levy,  collect and  enforce  ce1iain non-ad valorem		
assessments for the purposes of financing,	acquiring, maintaining and/or operating community		
												of the		
development facilities,  services  and  improvements  within  and without the  boundaries			
				
District; and																		
WHEREAS, the District desires to use the "Uniform	Method" for the collection	of non-		
ad valorem special assessments levied on property within the Expansion Area as authorized by		
Section 197.3632, Florida Statutes.																	
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD				
OF   SUPERVISORS   OF   HOLLY   HILL   ROAD   EAST				
COMMUNITY DEVELOPMENT DISTRICT:							
Section 1.  A public hearing to adopt the Uniform	Method is hereby declared and set for		
											
the following date, time and location:																
DATE:																		
TIME:																		
LOCATION:  Offices of Cassidy Homes												
	346 East Central Avenue												
	Winter Haven, Florida 33880										

1

Section 2.	The District Manager	is hereby directed to publish notice		
				
in accordance with Section 197.3632, Florida Statutes.		
Section 3.	This Resolution	shall become effective immediately upon		

of the public hearing

its adoption.

PASSED AND

ADOPTED

THIS

21

st

DAY OF MARCH, 2018.

ATTEST:

HOLLY HILL ROAD EAST COMMUNITY DEVELOPMENT DISTRICT

Secretary/Assistant Secretary

Chairperson,

Board

of

Supervisors

2

Holly

Community

Hill Road East

Development District

Payment Authorization

Nos. 20 - 22

HOLLY HILL ROAD EAST COMMUNITY DEVELOPMENT

DISTRICT

Payment Authorization No. 020	
2/16/2018		
Item	Vendor	
No.		
1	Business Observer	
	Legal Ad on 02/09/2018	
2	Fishkind & Associates	
	OM Fee & Reimbursables: Feb 2018	

Invoice

Number

18-00216K

22163

	General	
	Fund	
$	46.75	
$	1,826.46	

TOTAL

$	1,873.21	

Please Return To:

Holly Hill Road East COD

c/o Fishkind & Associates

12051 Corporate Boulevard

RECEIVED

F'E]1

1

B

2018

Orlando, FL 32817

INVOICE

Legal Advertising

Invoice# 18-00216K

Business Observer

1970 Main Street
3rd Floor
Sarasota, FL 34236

' x322 941-906-9386

Date 02/09/2018

Attn: Amanda Lane
Fishl<ind & Associates, Inc.
12051 CORPORATE BLVD.
ORLANDO  FL 32817

Please make checks (Please note Invoice Business Observer 1970 Main Street 3rd Floor Sarasota, FL 34236

payable to: It on checl<)

Description				
Serial II i 8-062i6K		Meeting		
Notice of Board of Supervisors'			
RE: Holly Hill Road East Community	Development		
Published: 2/9/2018				

---- -- -

District

---------

---------

---

Amount

$46.75

Important Message

Paid	-t-,_-_---------	._--	,.··--··~·--	·-·_--		
		()				
Total	$46.75		
---·--	------------ --	"'   --   -	

1

') I,

;(J1C	
.•	1d	

Attention:

If you are a government agency and you believe that you qualify for a 15% discount	to the second Insertion	
your notice per F.S. revision 50.061,Inform please	Kristen Boothroyd directly at 941-906-93B6 x323.	
	NOTICE		

of

The that

!3usiness	Observer makes every effort lo ensure thnt its public notice advertising	is accurate and in full compliance with all applicable statutes and ordinances and		
				lo any errors so that we may correct		
its information is correct, Nevertheless, we ask that our advertisers scrutinize published ads carefully and alert us immediately			
			
them as soon as possible, We cannot accept responsibility for mistakes beyond bearing the cost of republishing	advertisements that contain errors.		

INVOICE						
Legal Advertising		
Holly	Hill llond !!a.st Community		
			llovclop!Ucnt llhtrict				
							Notice	or						
llonrd ofSupenisors' Ucotlng			
The	llonrd	of Supervisors of	the Holly		
Hill	Road	East Community	Develop•		
mcnt  District		("Boord")  will  hold	•		
meeting	on	Wednesday,	1ebrun1y	21,		
2018	at		J0:4.5		n.m,	at		tho	Offices	of		
Cassidy		Homes,East 346			Centro! A\'e.,		
Winter			Hnvcn,	Florido	33880.	'111c		
meetingis open	to		the	publio and will	bo		
conduch..'<1in nccordnncc	with provision		
of Florido	Lnw	related	to Spcciol	Dis-		
tricts.	Thi:! meetiug may bu	cuntinuLitl		
lo n date, time, nnd pince	to be specified		
on the record at	the meeting.	A copy or		
the agenda nmy	be	ubtninetl nt the utlic-		
~!i  ufthe Dhirh:t Munuger, 12051 Cor-		
porate	Dlvd.,  Orlnndo,	Flotida 32817,		
during	normal	business	huun;.	staff		
Thcrij	m:ty Le	ocu~iuns wlum			
ur utluir	incJivicJuul!i may	participate	by		
spcnker	telephone,				special au:um•		
Any	p!!n;un	requiring			
mLM.Jatiuus	at	these mt!t!tinbrs  because		
of a	disabUity	or	physical impairment		
should		contnct	the District	Office	at		
(407) 382-3256 at	least	fmty..,ight	(•18)		
houra prior	to	the	meeting.	If yon are		
hearing or	speech	impaired, please	con-		
~sct the		Florida	Relny Smic, at 1-800·		
955-8770,	for nid in contacting ll1e	Dis-		
trict	Oflice.			who decides	to appeal		
I!neh		person				
ony decision made by	the Dont-d	with		
respect			to	any	matter	considered	nt		
the meeting	is	adl'ised	that porson 11ill		
need	n record	of	the	proceedings	ond		
thnt	nccun.lingly,	the	person	mny	need		
to ensure that a 1·erbatim record of the		
proceedings	is	made,	including the tes-		
timony	nnd	c1idc11ce	upon which	such		
nppcnl	is lo be	based.								
District		Manngcr					JH-OU216K		
Fehnmty 9,	2018							

Business Observer 1970 Main Street 3rd Floor Sarasota, FL 34236 , 941-906-9386 x322

Attention:

If you are a government agency and	you believe that you qualify for a 15%	discount to the second insertion	
your notice per F.S. revision 50.061, please inform Kristen Boothroyd directly at 941-906-9386 x323.	
	NOTICE		

of

The that

Business Observer makes every effort lo ensure that its public notice advertising is accurate and in full compliance with all applicable statutes mul ordinances and		
its information is correct. Nevertheless, we nsk that our advertisers scrntinize published ads carefully and alert us immediately to any errors so that we may correct		
them as soon as possible. We cannot accept responsibility for mistakes beyond bearing the cost of republishing advertisements	that contain errors.		

Fishkind	& Associates, Inc.	
12051	Corporate Blvd.	
Orlando, FL 32817	

FISHKIND & ASSOCIATES

Holly Hill Road East COD	Inc.					
c/o Fishkind	& Associates,						
							
12051 Corporate Blvd						
Orlando, FL	32817	l~ECEIVFJJ	FEB	1	l·i ?.018		
								
File: HollyHillRoadEastCDD						
Services;								
District Management	Fee: Feb 2018					
							
Website Fee								
Copies								
Conference Calls								
Postage								

Invoice
Invoice#:  I22163

2/13/2018

Hollv Hill Road East

Amount

1,666.67 125.00 19.80 8.44 6.55

Please include the invoice		
number on your	remittance		
				
and submit to:	Inc.		
Fishkind & Associates,			
			
12051 Corporate Blvd.		
Orlando, FL 32817			
Ph: 407-382-3256			
Fax:407-382-3254			
www.fishl<ind.com			

Balance Due	$1,826.46	

Copy Count

Account:

lrjQ\ \\J \j\\ \

Amount of

	\•

Copies:

~
	\I
__\_·)""----l

-

_

Total$:	l 1-t:iO

Month: January

MODERATOR BILLING REF# 1

4751862-

Joe

Maclaren

(commueaJ

~ILLING

REF# 2

LU'I..AIIUR

BILLING REF# 3

BILLING REF# 4		
CONF. NO  I	COST CENTER	"<.	
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I CONF. DATE	I	CONF. TITLE/ NAME/ ANI	
~1/15/2017	J7039281982	

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I CAU. TOTAL

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9:05AM -9:23AM	
9:07AM •	9:23AM	
10:55AM -11:06AM	
10:57AM • 11:15AM	
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Account Summary Report

Date Range: Jan 1, 2018 to Jan 31st, 2018		
Meter Group: All Meters		
Meter 1WOO	- 1376538	OLD at ORLANDO,	FL	
Meter 4W00	- 0347354	at ORLANDO, FL		
	Meter Details		
ORLANOO,FL				
□RlANDO, FL				

Mater Name

I4WOO - 0347354
i!WOO - 1376538 OLO

Serial Number	PhP Account Number	
/ 0347354	/24978470	
!1376538	/24978470	

I !Holly

fllll

Road

Account Summary

Account

East COO

Sub Account

Pl&es

Tora I Charged	!	
$6,SSOi	

Graod Total

$6,550

I

HOLLY HILL ROAD EAST COMMUNITY DEVELOPMENT

DISTRICT

Payment Authorization No. 021			
2/23/2018				
Item	Vendor	Invoice		
No.		Number		
				
1	Dennis Wood Engineering	1907		
	Engineering Services Through 01/14/2018			
2	Hopping Green & Sams			
	General Counsel Through 01/31/2018	98588		

	General	
	Fund	
$	1,377.50	
$	756.28	

TOTAL	$

2,133.78

Board Member

Please Return To: Holly Hill Road East COO c/o Fishkind & Associates 12051 Corporate Boulevard

RECEIVED

FEH

25

201B

Orlando,

FL

32817

Dennis Wood Engineering,	LLC		
			
1925 Bartow Road	,Suite l	O1		
Lakeland, Fl 33801				

Date

1/18/20 Ill

lnvouce

Invoice#

1907

Bill To

Rennie Hcuth

Cussidy Holdings,

LLC

346

East

Central

Avenue

Winter

Haven,

FL

33880

l~FCEl\/1~[)

FEB

1

fi

2am

P.O. No.	Tenns	Project

Quantity	Description		

1	Principal	Engineer	12-1-17	
0.5	l'rim:ipul	Engineer	12-18-17	
3	Principal	Engineer	1-2- I 8	
I	Principal	Engineer	1-4- 18	
I	Administrnlivc Assistant 1-4-18	
1.5	Principal	Engineer	1-5-18	
0.5	Designer 1-5-18		
0.5	Principal	Engineer 1-6-18	
2.5	Designer 1-8-18		
0.5	Principal	Engineer 1-9-18	
0.5	Principal	Engineer 1-12-19	

'
						·-.."'-~·-\			
1~•.~=-~,·,.·~..--'-•-------------			\		
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~-	.... ~~---~..... ....	_...=•-;-;.-~,'fti4!-;o·,1••......	"''~~ ......--........		,,,.		

			~				
Holly Hill Roud	East CDD	{_[\WVS	J,.s\~)	O'	ff Wl		
Billing 11-27-18	Ihm 1-14-18					

Rate	Amount	
125.00	125.00	
125.00	62.50	
125.00	375.00	
125.00	125.00	
60.00	60.00	
125.00	187.50	
85.00	42.50	
125.00	62.50	
85.00	212.50	
125.00	62.50	
125.00	62.50	

Total	$1,377.50		

l-lopping Green crJ

Attorneys and Counselors

Sams

119	S. Monroe Street,	Ste.	300	
	P.O. Box	6526			
	Tallahassee,	FL 32314		
	850.222.	7500			

l~[CFIVEI)

F[:B

?.

2

~om

=================================

STATEMENT

=================================

Holly Hill Road East CDD		
c/o Fishkind & Associates		
12051 Corporate Blvd.		
Orlando	1	FL  32817		

February

19

1

2018

Bill Number

Billed through

98588 01/31/2018

General Counsel/Monthly Meeting	
HHECDD	00001	RVW	
FOR PROFESSIONAL SERVICES RENDERED	
01/03/18	AHJ	Prepare correspondence to developers regarding disclosure of public financing.	

0.30	hrs	

01/04/18	RVW	
01/10/18	SSW	
01/12/18	RVW	
01/18/18	RVW	
01/26/18	AHJ	
01/30/18	SSW	

Review assessment notices to owner. Confer with Gaarlandt regarding agenda items. Review meeting minutes and provide comments; review draft agenda. Confer with Gaarlandt regarding engineer request for proposals. Prepare updates to Commission on Ethics financial disclosure website.

Review proposal and draft agreement regarding perimeter wall installation; confer with Gaarlandt regarding same,

0.60	hrs	
0.40	hrs	
0.60	hrs	
0.30	hrs	
0.30	hrs	
0.40	hrs	

01/30/ 18	AHJ	Prepare update to securities transaction summary,	
	Total fees for this matter	
DISBURSEMENTS		
	United Parcel Service	
	Total disbursements for this matter	

0.10 hrs

$748.50

7.78

$7.78

MATTER SUMMARY			
Jaskolskl	1	Amy H. - Paralegal		
				
Van Wyk	1	Roy		
					
Warren, Sarah S.		
			TOTAL FEES		
			TOTAL DISBURSEMENTS		
TOTAL CHARGES FOR THIS MATTER		

0.70 1.50 0.80

hrs hrs hrs

125 310 245

/hr /hr /hr

$87.50 $465.00 $196,00

$748.50 $7.78

$756.28

General

Counsel/Monthly

Meetin

Bill

No,  98588

Page

2

========~~==============~==============================~=========================~=~~==

BILLING

SUMMARY

Jaskolski, Amy H. - Paralegal

Van Wyk, Roy

Warren, Sarah S.

TOTAL FEES TOTAL DISBURSEMENTS

0.70	hrs

1.50	hrs

0.80	hrs

125 310 245

/hr /hr /hr

$87.50 $465,00 $196,00

$748.50 $7.78

TOTAL

CHARGES

FOR

THIS

BILL

$756.28

Please

include

the

bill

number

on

vour check.

HOLLY HILL ROAD EAST COMMUNITY DEVELOPMENT

DISTRICT

Payment Authorization No. 022		
3/2/2018				
Item		Vendor	Invoice	
No.			Number	
1	Carr Riggs & Ingram		
	FY 2017 Audit		16413758	
2	Supervisor Fees	- 01/17/2018 Meeting		
	Rennie Heath			
	Scott Shapiro			
	Lauren Schwenl<			
	John Mazuchowski		
	Andrew Rhinehart			
3	Supervisor Fees	- 02/21/2018 Meeting		
	Rennie Heath			
	Scott Shapiro			
	Lauren Schwenk			
	John Mazuchowski		
	Andrew Rhinehart		

	General	
	Fund	
$	1,000.00	
$	200.00	
$	200.00	
$	200.00	
$	200.00	
$	200.00	
$	200.00	
$	200.00	
$	200.00	
$	200.00	
$	200.00	

TOTAL

$

3,000.00

;e~~ Board Member

Please Return To:

Holly HIii Road East COD

c/o Fishklnd & Associates

12051 Corporate Boulevard

lj

Orlando, FL 32817

	CRI	~l:G: f		
		IN GRAM		
	CPAs and	Advisors		
151	Mary Esther Boulevard, Suite 301		
	Mary Esther,  FL 32569		
	850-244-8395			
	Federal ID 72-1396621		

Holly Hill Road East COD

clo Fishkind & Associates, Inc.

12051 Corporate Blvd.

Orlando, FL  32817

Invoice No.	16413758 (include on check)

Date	02/28/2018

Client No.	20-05677.000

Professional services rendered as follows:

Second progress billing on audit of financial statements

as of September 30, 2017.

$==1=''"'=00"""0"=".0==0

0 - 30 1,000.00

31- 60 0.00

61

• 90 0.00

91

• 120 0.00

Over

120 0.00

Balance 1,000.00

We accept most major credit over the phone.

cards.

Please complete

the

following information

or

contact

our

office

to

submit  your payment

Invoice

Invoice

Date:  02/28/2018	
Number:	16413758	

Total

Client No:  20-05677	
Amount Due:	$	

1,000.00

Holly Hill

Road

East

COD

Name

as

it

appears

on

card:-------------------------------

Billing

Address:----------------------------------

Card

#

___________________

Exp

Date:

______

Security#

_____

_

Payment Amount:

____________

Signature:

_________________

_

Carr, Riggs

State law.

&

Ingram,

LLC

reserves

the

right

to

assess finance charges

on

past

due

balances

up

to

the

maximum amount allowed under

Holly Hill Road East Community Development District

Date of Meeting:  January 17, 2018

Board Members:	
1.	Rennie Heath	
2.	Scott Shapiro	
3.	Lauren Schwenk	
4.	John Mazuchowski	
6.	Andrew Rhinehart	

Attendance

X

X (p)

X

X

X

Fee

$200

$200

$200

$200

$200

$1,000

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Holly Hill Road East Community Development District

Date of Meeting:  February 21, 2018

Board Members:	
1.	Rennie Heath	
2.	Scott Shapiro	
3.	Lauren Schwenk	
4.	John Mazuchowski	
6.	Andrew Rhinehart	

Attendance

X

X (p)

X (p)

X

X

Fee

$200

$200

$200

$200

$200

$1,000

Approved For Payment:

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Holly

Hill

Road

East

Community

Development District

Monthly

Financials

		Holly Hill Road East CDD					
		Statement of Financial Position					
			As of 2/28/2018						
		General Fund	Debt Service	Capital	Amenity	Long-Term	Total		
			Fund	Projects Fund	Capital	Debt			
					Projects				
					Fund				
			Assets						
Current Assets									
General Checking Account		$8,538.11					$8,538.11		
									
Debt Service Reserve A1 Bond		$132,279.69				132,279.69		
								
Revenue A 1 Bond			429.78				429.78		
									
Interest A1 Bond			92,494.19				92,494.19		
									
Acquisition/Construction A1	Bond			$1,534,505.57			1,534,505.57		
									
Cost of Issuance A1 Bond				49.60			49.60		
									
Acquisition/Construction A1	Bond				$345,659.66		345,659.66		
									
AssetsTotal Current		$8,538.11	$225,203.66	$1,534,555.17	$345,659.66	$0.00	$2,113,956.60		
Investments									
Amount Available in Debt Service Funds					$225,203.66	$225,203.66		
								
Amount To Be Provided						3,934,796.34	3,934,796.34		
									
Total Investments		$0.00	$0.00	$0.00	$0.00	$4,160,000.00	$4,160,000 00		
Total Assets		$8,538.11	$225,203.66	$1,534,555.17	$345,659.66	$4,160,000.00	$6,273,956.60		
			Liabilities and Net Assets					
Current Liabilities									
Accounts Payable		$4,006.99					$4,006.99		
									
Accounts Payable				$5,075.35			5,075.35		
Retainage Payable				115,744.08			115,744.08		
Accounts Payable					$27,880.00		27,880.00		
									
LiabilitiesTotalCurrent		$4,006.99	$0.00	$120,819.43	$27,880.00	$0.00	$152,706.4:C		
Long Term Liabilities									
Revenue Bonds Payable -	Long-Term					$4,160,000.00	$4,160,000.00		
									
Total Long Term Liabilities	$0.00	$0.00	$0.00	$0.00	$4,160,000.00	$4,160,000.00		
Total Liabilities		$4,006.99	$0.00	$120,819.43	$27,880.00	$4,160,000.00	$4,312,706.42		
Net Assets									
Net Assets - General Government	($12,786.57)					($12,786.57)		
								
Current Year Net Assets - General Government	17,317.69					17,317.69		
								
							$0.00		
Current Year Net Assets, Unrestricted		225,203.66				$225,203.66		
								
Net Assets, Unrestricted				($171,505.80)			(171,505.80)		
									
Current Year Net Assets, Unrestricted			1,982,230.39			1,982,230.39		
								
Net Assets - General Government			(396,988.85)			(396,988.85)		
								
							0.00		
Current Year Net Assets, Unrestricted				317,779.66		317,779.66		
								
Total Net Assets		$4,531.12	$225,203.66	$1,413,735.74	$317,779.66	$0.00	$1,961,250.18		
Total Liabilities and Net Assets	$8,538.11	$225,203.66	$1,534,555.17	$345,659.66	$4,160,000.00	$6,273,956.60		

Revenues		
Developer Contributions		
Inter-Fund Transfers In		
Debt	Proceeds		
Inter-Fund Transfers In		
Debt	Proceeds		
Debt	Proceeds		
Total Revenues		
Expenses		
Supervisor Fees		
D&O	Insurance		
Management		
Engineering		
District Counsel		
Audit			
Telephone		
Postage & Shipping		
Copies		
Legal Advertising		
Web	Site Maintenance		
Dues, Licenses, and Fees		
General Insurance		
Trustee Services		
Management		
Engineering		
District Counsel		
Trustee Counsel		
Bond Counsel		
Contingency		
Developer Advance Repayment		
Total Expenses		
other Revenues {Expenses} & Gains (Losses}	
Interest Income		
Interest Income		
Interest Income		
Total Other Revenues (Expenses) & Gains (Losses)	
	Change In Net Assets		
	Net Assets At Beginning Of Year	
	Net Assets At End Of	Year	

Holly Hill Road East CDD				
Statement of Activities					
As	of 2/28/2018					
General Fund	Debt Service	Capital Projects	Amenity Capital	Long-Term	Total	
	Fund	Fund	Projects Fund	Debt		
$51,800.00					$51,800.00	
(147,713.59)					(147,713.59)	
	$224,773.88				224,773.88	
		$147,713.59			147,713.59	
		3,493,602.82			3,493,602.82	
			$345,000.00		345,000.00	
($95,913.59)	$224,773.88	$3,641,316.41	$345,000.00	$0.00	$4,115,176.70	
$3,000.00					$3,000.00	
2,250.00					2,250.00	
8,333.35					8,333.35	
1,377.50					1,377.50	
11,032.35					11,032.35	
1,000.00					1,000.00	
8.44					8.44	
51.10					51.10	
102.75					102.75	
1,776.82					1,776.82	
2,625.00					2,625.00	
175.00					175.00	
2,750.00					2,750.00	
		$4,501.00			4,501.00	
		23,000.00			23,000.00	
		13,837.50			13,837.50	
		109,329.33			109,329.33	
		5,000.00			5,000.00	
		42,500.00			42,500.00	
		1,465,612.64			1,465,612.64	
			$27,880.00		27,880.00	
$34,482.31	$0.00	$1,663,780.47	$27,880.00	$0.00	$1,726,142.78	
	$429.78				$429.78	
		$4,694.45			4,694.45	
			$659.66		659.66	
$0.00	$429.78	$4,694.45	$659.66	$0.00	$5,783.89	
($130,395.90)	$225,203.66	$1,982,230.39	$317,779.66	$0.00	$2,394,817.81	
$134,927.02	$0.00	($568,494.65)	$0.00	$0.00	($433,567.63)	
$4,531.12	$225,203.66	$1,413,735.74	$317,779.66	$0.00	$1,961,250.18	

Holly Hill Road East CDD

Budget to Actual

For the Month Ending 2/28/2018

		YTD Actual		YTD Budget	YTD Variance		FY 2018	
								Adopted	
								Budget	
Revenues									
Developer Contributions	$	51,800.00	$	75,000.00	$	(23,200.00)	$	180,000.00	
Net Revenues	$	51,800.00	$	75,000.00	$	(23,200.00)	$	180,000.00	
General & Administrative Ex~enses									
Supervisor Fees	$	3,000.00	$	2,500.00	$	500.00	$	6,000.00	
D&O Insurance		2,250.00				2,250.00			
Trustee Services				2,500.00		(2,500.00)		6,000.00	
Management		8,333.35		8,333.35				20,000.00	
Engineering		1,377.50		6,250.00		(4,872.50)		15,000.00	
Dissemination Agent				2,083.35		(2,083.35)		5,000.00	
District Counsel		11,032.35		10,416.65		615.70		25,000.00	
Audit		1,000.00		2,500.00		(1,500.00)		6,000.00	
Travel and Per Diem				208.35		(208.35)		500.00	
Telephone		8.44		83.35		(74.91)		200.00	
Postage & Shipping		51.10		125.00		(73.90)		300.00	
Copies		102.75		208.35		(105.60)		500.00	
Legal Advertising		1,776.82		3,333.35		(1,556.53)		8,000.00	
Bank Fees				104.15		(104.15)		250.00	
Miscellaneous				458.25		(458.25)		1,100.00	
Web Site Maintenance		2,625.00		1,208.35		1,416.65		2,900.00	
Dues, Licenses, and Fees		175.00		104.15		70.85		250.00	
Aquatic Contract				5,000.00		(5,000.00)		12,000.00	
General Insurance		2,750.00		2,500.00		250.00		6,000.00	
Landscaping Maintenance & Material				27,083.35		(27,083.35)		65,000.00	
Total General & Administrative Expenses	$	34,482.31	$	75,000.00	$	(40,517.69)	$	180,000.00	
Total Expenses	$	34 482.31	$	75 000.00	$	(40 517.69)	$	1801000.00	
		1		1		1			
Net Income (Loss)	$	17,317.69	$	$	17,317.69	$