Holly Hill Road East

Community Development District

12051 Corporate Boulevard, Orlando,

FL

32817; 407-382-3256

The following is the proposed agenda for the meetings

of

the

Board

of

Supervisors for the

Holly Hill Road East Community Development May 16, 2018 at 10:45 a.m. at the Offices of

District,

Cassidy

scheduled to Homes, 346

be held Wednesday, 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 Phone: 1-

to attend the Board 877-864-6450

Meeting by phone, you may Paiiicipant Code: 454943

do

so by dialing:

PROPOSED BOARD OF SUPERVISORS' MEETING AGENDA

Administrative Matters

•	Roll Call to Confirm Quorum

•

Public Comment Period [for any members proposition before the Board]

of

the public desiring

to

speak on any

1.

Consideration

Meeting

of

the  Minutes

of

the  April  18,  2018  Board

of

Supervisors

Business Matters

2.	Consideration Completion

of

Series  2017  Project  (Excluding  the  Amenity  Project)

3.

4.

o	Presentation	of Certificate  of Completion  of the  Series  2017  Project	
	(Excluding the Amenity Project)		
o	Consideration of Resolution 2018-9, Declaring the Series 2017 Project	
	(Excluding the Amenity Project) Complete		
Public Hearing on the Imposition of Special Assessments, Phase 2 & 3		
o	Presentation	of Amended and Restated Engineer's Report		
o	Presentation	of Amended and Restated Master Assessment Methodology	
	Report			
o	Public Comments and Testimony		
o	Board Comments		
o	Consideration of Resolution 2018-10, Levying Special Assessments		
Public  Hearing  on  the  District's  Intent  to  Use  the  Uniform  Method	of	
Collection for the Expansion Area		

5.

6.

o	Public Comments and Testimony

o	Board Comments

o	Consideration of Resolution 2018-11, Adopting the Uniform Method

Consideration of Resolutiona 2018-12, Approving   Proposed Budget for Fiscal

Year 2018-2019, Declaring Special Assessments to Fund the Proposed Budget,

and Setting Public Hearing Dates Thereon [suggested date: 7118/18]

Consideration of Acquisition of Common Areas (Citrus Isle)

7.

8.

9.

10. 11. 12.

Consideration	of	Agreement Between Creative Association Services, Inc. and		
the District for Landscape Maintenance Services	of		
Consideration	of	Danielle Fencing Mfg.  Co.  Agreement for  Installation			
Fencing		Danielle Fencing Mfg.  Co.  Agreement for Installation	of		
Consideration	of				
Walk Gate					
Ratification of Payment Authorization Nos. 26 - 29			
Review of Monthly Financials			
Presentation  of Number  of Qualified  Electors  in  District  (provided  under		
separate cover)					

Other Business

Staff Repmis

District Counsel

Interim Engineer

District Manager

Supervisor Requests and Audience Comments

Adjournment

Holly

Community

Hill Road East

Development District

Minutes

MINUTES OF MEETING

HOLLY

HILL

ROAD

EAST

COMMUNITY DEVELOPMENT DISTRICT

BOARD

OF

SUPERVISORS' MEETING

Wednesday

April

18,

2018

at

10:48 a.m.

Offices of Cassidy Homes			
346 East Central Ave.,			
Winter Haven, Florida 33880			
Board Members present at roll call:			
Rennie Heath	Board Member		
John Mazuchowski	Board Member		
Lauren Schwenk	Board Member		
Scott Shapiro	Board Member	(via phone)	
Also, Present:			
Roy Van Wyk	Hopping Green & Sams, P.A. (via phone)	
Jane Gaarlandt	Fishkind & Associates, Inc.		
Dennis Wood	District Engineer	(via phone)	
Sharon Garrett	Public		

FIRST ORDER OF BUSINESS

Call

to

Order and Roll Call

The meeting was called to order at 10:48 a.m. Those in attendance are outlined above .

. SECOND ORDER OF BUSINESS	Public Comment Period

Ms. Garrett asked about the price per acre for the park. about $79,000.00 per acre for the actual cost and $94,000.00 per acre. Ms. Garrett asked if it has to be the District gives it over. Mr. Van Wyk responded that lower of the two, the actual cost paid by the Developer

Mr. Van Wyk responded that it is the appraised market value was the lesser of the two values when the District will acquire land at the or the market value.

THIRD ORDER OF BUSINESS

Consideration  of  the  Minutes

the	March  21,  2018  Board

Supervisors Meeting

of of

The Board reviewed the minutes

of

the March 21, 2018

Board

of

Supervisors Meeting.

On MOTION by Mr. Heath, seconded approved the Minutes of the March 21,

by Mr. Mazuchowski, with all in favor, the Board 2018 Board of Supervisors Meeting.

FOURTH ORDER OF BUSINESS

Consideration	of	Real   Estate	
Appraisal  Report  for  Holly  Hill	
Road East Amenities Land	

Mr. Van Wyk explained that the Board authorized District staff to obtain an appraisal for		
the  lands  where  the  Amenity Facility will  be  located and noted  that  it was  done  in		
conjunction with the North Boulevard Community Development District.	He explained		
		and		
that the report came in and estimates	the value of the 2.96  acres	at $280,000.00			

shows that the Developer acquired the acreage at $235,000.00. Mr. Van Wyk requested		
that the Board accept the Appraisal Report as the basis for the land acquisition for the		
Amenity Facilities.						
On MOTION by Ms.  Schwenk,  seconded by Mr.  Heath,  with all in favor,  the  Board		
approved the Real Estate Appraisal Report for Holly Hill Road East Amenity Facilities.		

FIFTH ORDER OF BUSINESS	Ratification

Authorization

of Nos. 23-25

Payment

The Board reviewed Payment Authorization Nos.

23

-

25

On MOTION by Mr. Heath, seconded ratified Payment Authorization Nos. 23

by Mr. Mazuchowski, with all in favor, the Board - 25.

SIXTH ORDER OF BUSINESS

Review

of

Monthly Financials

The Board reviewed the month financials. Ms. Gaarlandt will send them to Mr. Shapiro.		
Ms. Schwenk asked about the budget. Ms. Gaarlandt	responded that a draft version of the		
		of the actual cost		
preliminary budget will be sent to the Board as well as some samples			
			
for some District's that have Amenities. Mr. Heath asked why the website maintenance is		
so high. Ms. Gaarlandt responded that it is about $1,500.00 each year and this is what all		
the  Districts  are  paying.  The  Board thought  that North  Boulevard  was  only  paying		
$750.00. Ms. Gaarlandt indicated that the $750 might be the prorated amount but she will		
double check the cost of the website maintenance. Ms. Schwenk asked if there is a setup		

fee. Ms. Gaarlandt responded that there is a setup fee and a monthly maintenance fee. Mr. Heath requested that Ms. Gaarlandt provide him with the information when she finds out the cost. There was no Board action required at this time.

SEVENTH ORDER OF BUSINESS	Staff Reports

District Counsel - Mr. Van Wyk asked Mr. Wood about the plat for Citrus Isles and asked for a status of the improvements and the steps that the District should take next.

District Engineer - Mr. Wood said that the plat will be recorded today. There is nothing further for the Board to do regarding the Citrus Isles portion. He noted that the other night the City Commission gave the District approval to modify the PUD to add some 55 foot lots and the design will start for the second phase soon. Mr. Van Wyk requested a copy of the plat once it is recorded.

District Manager- Ms. Gaarlandt indicated that the Holly Hill Road East District was established within the new fiscal year so the website setup fee is included in the cost which is why it was $2,900.00 instead of $1,450.00. Ms. Gaarlandt indicated that the website setup fee was $2,000.00. Ms. Gaarlandt will double check it and let Mr. Heath know.

EIGHTH ORDER OF BUSINESS	Supervisor Requests and Audience

Comments

There were no Supervisor requests or Audience comments.

NINTH ORDER OF BUSINESS	Adjournment

There were no other questions or comments. Ms. Gaarlandt adjourned the meeting.

On MOTION by Mr. Heath, seconded by Ms. Schwenk, with all in favor, the Board adjourned the April 18, 2018 Board of Supervisors Meeting.

Secretary / Assistant Secretary	Chairman / Vice Chairman

Holly

Hill

Road

East

Community

Development District

Series

2017

Project

Completion

(Excluding

the

Amenity

Project)

Holly

Hill

Road

East

Community

Development District

Certificate of Completion of the Series 2017		
(Excluding the Amenity	Project)		

Project

	HOLLY HILL ROAD EAST COMMUNITY DEVELOPMENT DISTRICT	
	DISTRICT ENGINEER'S CERTIFICATE OF COMPLETION OF THE	
	SERIES 2017 PROJECT (EXCLUDING THE AMENITY PROJECT)	
	, 2018	
	-----	
Holly Hill Road East Community Development District	
c/o Fishkind & Associates, Inc.	
12051 Corporate Boulevard	
Orlando, Florida 32817	
Re:	Certification of Completion	
	Holly Hill Road East Community Development District	
	Series 2017 Bonds -  Series 2017 Project (excluding the Amenity Project)	

This  certificate  is  furnished		in  accordance  with  Section	5.0l(c)  of	the  Master  Trust		
				between the Holly Hill		
Indenture dated November	1,	2017  (the "Master Indenture"),			
						
				District (the	"District") and U.S.  Bank National		
Road East Community Development				
				the  completion of the  Series		
Association (the "Trustee")	and is  intended to  evidence			
						
2017 Project (excluding the Amenity Project), as both te1ms are defined in the Master		
Indenture,  as  supplemented	by  that  certain  First  Supplemental  Trust  Indenture  dated		
					the "Indenture"), and as further		
November 2, 2017 (together with the Master Indenture,			
				dated June 2017,		
described in that certain Engineer's Report for Capital Improvements,			
as Phase 1, and undertaken	by the District.  All capitalized terms used herein shall have		
											
the meaning ascribed to them in the Indenture.							

I.

The Series 2017 Project (excluding the Amenity Project) has been completed in		
substantial compliance with the specifications therefore  and  all  labor,  services,		
materials, and supplies used in the Series 2017 Project (excluding the Amenity		
Project) have been paid for and acknowledgments	of such payments have been		
			
obtained from all contractors and suppliers.			

II.	All other facilities necessary in connection with the Series 2017 Project (excluding the Amenity Project) have been constructed, acquired, and installed in accordance with the specifications therefore and all Costs and expenses incmred in connection therewith have been paid or adequate provision has been made for such payment by the District.

III.	All plans, permits and specification necessary for the operation and maintenance
of the  improvements made  pursuant	to  the  Series  2017  Project	( excluding the		
Amenity Project) are complete and on file with the District Engineer or have been		
transferred to the appropriate governmental entity having	charge of such operation		
				
and maintenance.					

IV.	Of the  remammg  balance  of Four  Hundred  Fifteen  Thousand	Twenty-Eight		
				
	Dollars and 81/100 Cents ($415,028.81) in the  Series 2017 Project Subaccount		
	within the  Series 2017 Acquisition and Construction Fund,  Two  Hundred Six-		
	Five  Thousand Twenty-Eight Dollars  and  81/100  Cents  ($265,028.81)  in such		
	Series 2017 Project Subaccount is hereby reserved by the Issuer for the payment		
	of the  remaining  Costs  of the  Series  2017  Project  ( excluding	the  Amenity		
				
	Project).			

IV.	The total Cost of the Series 2017 Project (excluding	the Amenity		
				
	thandepositedtheamount	in the Series 2017 Project Subaccount		
	2017 Acquisition and Construction Fund resulting in an excess		
	the Series 2017 Bonds in the Series 2017 Project Subaccount		
	2017 Acquisition and Construction Fund.			

Project) was less within the Series of proceeds from within the Series

This as of

Certificate

the date of

is given without prejudice to any rights against third parties which exist this Certificate or which may subsequently come into being.

Dated:

-----------

DENNIS WOOD ENGINEERING, LLC

By:

Dennis

L.

Wood, P.E., District Engineer

STATE OF FLORIDA

COUNTY

OF

-----------

The  foregoing  instrument	was  acknowledged  before  me	this	_	
, 2018, by Dennis	L.  Wood, P.E., District Engineer	of	the	
------				
Road East Community Development District, who is personally known to me	
produced identification, and did [  ] or did not [ ] take the oath.			

day Holly or who

of Hill has

Notary Public,

State

of

Florida

Print Name:

-----------

Commission No.:	----------		

My Commission Expires:

_____

_

2

Holly Hill Road

East

Community Development District

Resolution 2018-09

RESOLUTION 2018-09	
A RESOLUTION  OF THE BOARD  OF SUPERVISORS  OF THE	
HOLLY  HILL  ROAD  EAST  COMMUNITY  DEVELOPMENT	
DISTRICT   ACCEPTING   THE   CERTIFICATION   OF   THE	
DISTRICT  ENGINEER  THAT  THE  SERIES  2017  PROJECT	
(EXCLUDING   THE   AMENITY   PROJECT)   IS   COMPLETE;	
DECLARING  THE  SERIES  2017  PROJECT  (EXCLUDING  THE	
AMENITY PROJECT) COMPLETE; FINALIZING THE SPECIAL	
ASSESSMENTS   SECURING  THE  DISTRICT'S  SERIES  2017	
BONDS;   PROVIDING   FOR	A	SUPPLEMENT   TO   THE	
IMPROVEMENT		LIEN	BOOK;	PROVIDING		FOR			
SEVERABILITY, CONFLICTS, AND AN EFFECTIVE DATE.				
WHEREAS,	the	Holly	Hill	Road	East	Community  Development	District		
					No.  814,  as	amended	by  Ordinance  841,		
("District")  was  established  by  Ordinance					
							of		
adopted on July 10, 2017, and March	5, 2018, respectively, by the City Commission			
				
			purpose  of providing  infrastructure		
the  City  of Davenport,	Florida  ("City"),  for  the			
improvements,  facilities,  and  services  to  the  lands  within the  District	as  provided  in		
					
Chapter 190, Florida Statutes; and												
WHEREAS,	the  Board	of	Supervisors  (the	"Board")  of the	District	adopted		
						exceed		
Resolution No.  2017-25	on July	19,  2017,	authorizing the  issuance	of not to			
$18,000,000 in aggregate principal	amount of its Special Assessment Bonds to finance all		
			construction	costs of certain improvements		
or a portion of the design,	acquisition and				

pursuant to the Act;																

WHEREAS,	the  District	duly  authorized  and  issued  Holly		
					
Community Development District Special Assessment Bonds, Series		
2017 Bonds"), for the purpose of funding the construction,	installation,		
			
infrastructure,public	improvements, and services; and			

Hill Road East 2017 (the "Series and acquisition of

	WHEREAS,	the  Series  2017  Bonds  financed  a	portion of the  District's	master		
project	infrastructure associated	with Phase	1 (the	"Series 2017 Project"),	as	such is		
					Holly  Hill  Road  East	Community		
further	identified	and  described  in  that  ce1iain				
Development District Engineer's	Report for	Capital Improvements,	dated June,  2017,		
							
attached to this Resolution		as Exhibit A (the "Engineer's Report"); and				
													
	WHEREAS,	the Engineer's	Repo1i estimates capital costs totaling $5,277,263.00		
						which encompasses (i) $404,963		
for the Series 2017 Project	(the "Total Project Costs"),			
								
in  capital costs  related  to  the  Amenity  Project (as  defined  in the  First  Supplemental		
Indenture (hereinafter defined)); and (ii) $4,872,300 in capital costs related to the balance		
of the Series 2017 Project	(i.e., the Series 2017 Project excluding the Amenity Project)		
(the "Series 2017 Project	(excluding the Amenity Project)");	and					

WHEREAS, dated September

pursuant to	
20,	2017,	

the as

terms of the Master supplemented by

Assessment Methodology Report,

the	Supplemental  Assessment

Methodology Report,  dated October	19, 2017, attached to this Resolution	as	Composite		
					the		
			Methodology") the estimated	total costs of			
Exhibit B (collectively, the "Assessment					
									
						the  Series  2017  Project		
Series  2017  Project,  including  that	po1iion  attributable  to			
(excluding the  Amenity	Project),	to  be  funded  by  the  sale	of bonds		and	secured  by		
											
assessments, inclusive of	capital	costs, financing costs, capitalized interest, reserve funds,		
original issue discounts, and contingencies totaled approximately $4,160,000; and				
WHEREAS,  on July  19, 2017, the Board	adopted Resolution 2017-23, declaring		
					of	special assessments		
that such Total Project Costs would be defrayed by the imposition				
						assessments		
pursuant to  Chapters  170 and 190,	Florida Statutes,  and that such special			
would  be  paid  in  annual  installments  commencing  in the  year  in  which  the  special		
assessments were confirmed; and																					
WHEREAS,  on September		20, 2017, the Board, after notice and public hearing,		
				to the provision of Section 170.08,		Florida Statutes,		
met as an Equalizing Board pursuant					
and adopted Resolution 2017-32, as supplemented by Resolution 2018-01,  adopted	on		
			
November 6,  2017,  authorizing the		projects  described therein,  equalizing and levying		
special assessments to defray	a portion of the Total Project	Costs and providing that this		
					of	all state, county,		
					so assessed co-equal with the lien				
levy shall be a lien on the property					
district, municipal or other governmental taxes, all in accordance with Section 170.08,		
Florida Statutes; and																									
WHEREAS, the Series 2017 Project	specially benefits the developable acreage in		
						Methodology, and it is		
the District as set fmih in Resolution 2017-32 and the Assessment			
		of the	Series	2017		
reasonable, proper, just and right to  assess the portion	of the costs					
							
Project financed with the Series 2017 Bonds to the specially benefitted properties within		
the District as set fo1ih in Resolution 2017-32 and this Resolution; and								
WHEREAS,  the  Series 2017  Bonds	were  issued pursuant to that certain Master		
							as		supplemented by		
Trust Indenture dated November	1,	2017 (the "Master Indenture"),					
					dated November 1,	2017 (the "First	Supplemental		
a First Supplemental Trust Indenture						
									
		Master  Indenture,	the  "Indenture")  both  by  and		
Indenture"  and,  together	with the					
																
between the District and U.S. Bank National Association, as Trustee, which contemplates		
two  distinct  Completion Dates  (as  defined  in  the  First  Supplemental  Indenture)  with		
respect to the Series 2017 Project: (a) one applicable to the Amenity Project; and (b) the		
other applicable to the Series 2017 Project (excluding the Amenity Project); and				

WHEREAS, completed; and

the  Series  2017  Project  (excluding the  Amenity  Project)  has  been

WHEREAS, pursuant to Chapter 170, Florida District Engineer executed and delivered a Certificate Project (excluding the Amenity Project) dated Certification") attached hereto as Exhibit C, wherein Series 2017 Project (excluding the Amenity Project) to

Statutes,  and	the	Indenture,	the		
					
of Completion of the Series	2017		
				
_____,	(the	"Engineer's		
the District Engineer ce1iified the		
be complete; and					

WHEREAS,  upon  receipt	of and  in  reliance  upon  the  Engineer's		
			Project	(excluding		
evidencing	the  completion  date  of the  Series  2017				
Project)  as	described	above,  the  Board  desires	to	certify	the  Series		
							
(excluding the Amenity Project) complete in accordance with the Indenture;		

Certification
the  Amenity

2017  Project

and

WHEREAS,  the  actual  costs  incmTed  to	complete	the  Series  2017  Project		
(excluding the Amenity Project) did not exceed all amounts on deposit in the Series 2017		
Project Subaccount within the Series 2017 Acquisition and Construction Fund.	Of the		
remaining balance of Four	Hundred Fifteen Thousand Twenty-Eight Dollars and 81/100		
Cents  ($415,028.81)  in  the  Series  2017  Project  Subaccount  within  the  Series  2017		
Acquisition  and  Construction  Fund,  Two  Hundred  Six-Five  Thousand  Twenty-Eight		
Dollars  and  81/100  Cents  ($265,028.81)  in  such  Series  2017  Project  Subaccount  is		
reserved by the District for the payment of the remaining	Costs	of the Series 201 7 Project		
					
(excluding the Amenity Project).						

NOW,

Hill Road East

THEREFORE, be it resolved	by the		
			
Community Development District:		

Board

of

Supervisors of the Holly

SECTION  1.	RECITALS.  The recitals so stated	
reference are incorporated into and form a material part	

are true and correct and by this of this Resolution.

SECTION 2.  AUTHORITY		
pursuant  to  Chapters  170  and		
provisions of Resolution	2017-32,		

FOR THIS RESOLUTION 190, Florida Statutes, as supplemented.

.	This	
and  in	

Resolution

accordance

is

adopted with the

SECTION

3.

ACCEPTANCE AND CERTIFICATION OF COMPLETION OF THE SERIES

2017 PROJECT (EXCLUDING THE AMENITY PROJECT)	.	The Board	of Supervisors	hereby		
						
accepts the Engineer's Certification, attached	hereto as	Exhibit C, certifying	the Series		
						
2017  Project  (excluding  the  Amenity  Project)  complete  and  upon  reliance  thereon,		
certifies the Series 2017 Project (excluding the Amenity Project) complete in accordance		
with Resolution 2017-32 and the Indenture.  The Completion Date,	as that term is defined		
in the Indenture, for the Series 2017 Project (excluding the Amenity Project) shall be the		
date of the Engineer's Certification.								

SECTION

4.

FINALIZATION OF SPECIAL ASSESSMENTS SECURING SERIES

2017

BONDS.	Pursuant to Section 170.08, Florida Statutes,	and Resolution 2017-32, special		
assessments  securing the  Series  2017  Bonds	are  to	be  credited the  difference	in the		
						
assessment as originally	made, approved, and confirmed and the proportionate part of the		
total actual costs of the Series 2017 Project (excluding the Amenity Project).  The amount		
of	Two	Hundred	Six-Five  Thousand  Twenty-Eight  Dollars  and  81/100  Cents		
							of the Series 2017 Acquisition	and		
($265,028.81) in the Series 2017 Project Subaccount				
				
	as	defined in the Indenture,	for the		
Construction Fund is hereby reserved by the Issuer,					
						
payment	of the remaining costs of the balance of the Series	2017 Project (excluding the		
Amenity Project). The remaining	balance of the Series	2017 Project Subaccount of the		
							
Series 2017 Acquisition and Construction Fund not reserved for the completion of the		
balance of the Series	2017 Project (excluding the Amenity Project) shall be transfe1Ted to		

the Series 2017 General Redemption Subaccount as provided in the Indenture.	Exhibit	D		
																								
attached  hereto	and  incorporated	herein  by  this	reference	reflects	the	ammiization		
schedule of the Series 2017 Bonds after the closing	of the Series 2017 Project		Subaccount		
within the Series 2017 Acquisition and Construction Account.  As provided in Resolution		
2017-32,  the  assessments  levied  reflect the  outstanding	debt	due	on	the		Series  2017		
Bonds.  Pursuant to	Section 170.08,	Florida Statutes,	and Resolution	2017-32, the special		
assessments  on parcels  specially benefitted by the  Series 2017 Project (excluding the		
Amenity Project) are hereby finalized in accordance with the Assessment Methodology,		
attached hereto as	Composite Exhibit B,	which reflects	the assessments on the parcels		
												
benefitted by the Series 2017 Bonds.																		
SECTION	5.		IMPROVEMENT LIEN BOOK.  Immediately following the adoption	of		
this Resolution,	these	special	assessments as reflected herein	shall be recorded by the		
												
							in the District's "Improvement Lien Book."  The		
Secretary of the Board	of the District				
special assessment or assessments against each respective parcel shall be and shall remain		
a legal, valid and binding first lien on such parcel until paid and such lien shall be co-		
equal with the lien	of all state, county,	district, municipal or other governmental taxes and		
																		
superior in dignity	to all other liens, titles, and claims.												
SECTION	6.	OTHER	PROVISIONS  REMAIN		IN	EFFECT.	This  Resolution	is		
intended to supplement Resolution	2018-01, which remains in full force and effect.  This		
									to the maximum extent possible	to		
Resolution and Resolution 2018-01 shall be construed				
				
give full force and effect to the provisions	of each resolution.									
SECTION	7.	SEVERABILITY.	If any section or paii of a section	of this resolution		
be declared invalid or unconstitutional,	the validity, force and effect	of	any other section		
or part of a section of	this resolution			shall not thereby be affected or impaired unless it		
					or part of a section of this resolution		is wholly or		
clearly appeai·s that such other section						
						or		
			or paii  of	a	section	so  held to  be  invalid			
necessarily  dependent upon the  section							

unconstitutional.																								

to

the

SECTION 8.

extent of such

CONFLICTS.	All resolutions	or paiis thereof in conflict herewith are,		
				
conflict, superseded and repealed.		

SECTION

adoption.

9.

EFFECTIVE

DATE.

This Resolution shall become effective upon its

[Remainder

ofpage

intentionally left blank]

APPROVED

AND

ADOPTED

this

16

th

day

of

May, 2018.

Attest:

HOLLY HILL ROAD EAST COMMUNITY DEVELOPMENT DISTRICT

Secretary/ Assistant Secretary

Chairperson,

Board

of

Supervisors

Exhibit

Comp.

Exhibit

Exhibit

A:

Exhibit

C: D:

B:

Holly Hill Road East Community Development District Engineer's		
Report for Capital Improvements,	dated June 2017		
	Report, dated September 20,		
Master Assessment Methodology			
			Assessment		
2017, as supplemented by the Supplemental			
			
Methodology Report, dated October	19, 2017		
				
Engineer's Ce1iification, dated	---------		
Debt Service Requirements			

EXHIBIT A

EXHIBIT

A

HOLLY HILL ROAD EAST COMMUNITY DEVELOPMENT DISTRICT

ENGINEER'S

REPORT

FOR

CAPITAL

IMPROVEMENTS

Prepared for:

BOARD

OF

SUPERVISORS

HOLLY

IIlLL

ROAD

EAST

COMMUNITY

DEVELOPMENT

DISTRICT

Prep;ned

by:

DENNIS WOOD	ENGINEERING,		
				
1925 BARTOW ROAD		
LAKELAND,	FL 33801		
			
PH: 863-940~2040		

LLC

JUNE2017

HOLLY

IDLL

ROAD EAST

COMMUNITY

DEVELOPMENT

DISTRICT

6

TABLE OF CONTENTS

I.	INTRODUCTION	..............................................................................................................	1		

TI.	PURPOSE AND SCOPE										,...	2		
		................................................................................................													
III.		., ......................... ,.................	,.. ,......... ,, .. ,... ,.. ,...................	,............... , 3		
								
	Tl-IE DEVELOPMEN1																
IV.	THE CAPITAL IMPROVEMENTS										3		
		...................................................................................											
V.	CAPITAL IMPROVEMENT PLAN COMPONENTS	......................................................	4		

	Stom1wale1· Manage1nent	Facilities								,............	4		
		.......................................................................												
															
	Public Roadways .....	,, .............. ,.... ,, ........ J •• , ••• ,,, ............	, •••••••••  ,  •••• ,, ••••••••	, ...............	,.",., •• , •••••••  ,.	5		
														
	Waler and Wastewater	Facilities .........	,...............................................................................			
																	
	Off-site In1provements	........................................................................................................	7		

	Miscellaneo\1s.,., .............	,J,.,	..................... , •••••••••••••• ,., •••••••••••••••••• , ••••••••• ,, •• ,, ••••••••••••••••••••	, •••	7		
							
VI.	PERMITTING					,......... ,., ....................................................	,...... ,..... ,.... ,.....................	8		
										
	.......................													
VII.	RECOMMENDATION	.......................................................................................................	9		

VIII.	REPORT MODIFICATION	............................................................................ ......	,........•  ,...•  , 9		

IX..	CONCLUSION .. ,.... ,................................... ,............. ,........... & •••• ,  •• ,  •••••••••••• ,  ••••• ,	•• ,, ................... 10		

LIST

OF

EXHIBITS

EXHIBIT

1- Location

Map

EXHIBIT

2-

Property

Sketch

and

Description

EXHIBIT

3-

District

Boundary

Map

EXHIBIT

4-

Existing

Land

Use

Map

EXHIBIT

5-Future

Lat1d

Use

Map

EXHIBIT

6-

Utility

Location

Map

&

Drainage

Flow Pattern Map

EXHIBIT

7-

Summary

of

Opinion

of

Probable

Costs

EXHIBIT

8-

Summary

of

Pm

posed

District Facilities

EXHIBIT

9-

Overall

Site

Plan

I.

ENGINEER'S REPORT		
HOLLY HILL ROAD EAST		
COMMUNITY DEVELOPMENT	DISTRICT		

INTRODUCTION																									
The Holly Hill Road East	Community	Development District (the "District")	is bisected by		

North Boulevard	West,	east	of	HoJly	Hill	Road, City of Davenport (the	"City"),	Polk		
													
County, (the "County"),	Florida. The District currently contains approximately 97.22 acres,		
and is expected to consist	of 403	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. The District	wHl	own and	operate	the	public	roadways	and		
stormwater management	facilities,	as  well	as	the	landscape,	in-igntion,	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 othe1· applicable		
agencies  with regulatory jurisdiction over					.	An		overall	estimate	of		
	the development												
probable cost is of the public improvements	provided	in Exhibit 7 of	this report,							
This "Capital Improvement Plan" or "Report" 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,	pemutting,		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		
										
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 regulatory critel'ia	are implemented,															

Page

1

II,

Implementation ofany proposed facilities or improvements outlined in	this Report	requires		
			in this		
written approval from the	District	1	s Board of Supervisors. Estimated	costs outlined			
																											
repo11 are based on best	available infonnation,	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 constmction	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 Dist1fot.	Water	distribution and wastewater		
collection systems	(gravity lines,	force mains, and lift stations) will,	upon completion,		be		

																.											
dedicated to the City for ownership and maintenance											
PURPOSE	AND		SCOPE																		
																										
The purpose of this Report is to provide engineering support	to fund	improvements	in	the		
							
District, This Report	will identify	the	proposed	public infrastrncture	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 wm	finance,		construct,	acquire,		

																							.		An		
operate,  and	maintain		specific		portions	of the  proposed  public  infrastructure				
																				
assessment	methodology	consultant has been	retained	by the District,	who will develop		the		
									
assessment	and financing methodology to be	applied	using this Report.						

Page2

	The predominant	portion of	this Report		prnvides descl'iptions of the	proposed public		

	infrastrncture improvements,	determination of estimated	probable construction	costs,	and		

																				
	the	corresponding	benefits		associated	with	the	implementation	of	the	described		
																				
	improvements.	Detailed	site		constrnction	plans and  specifications	have	not	yet been		

	completed  and	permitted 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 construction contractors, other engineering		

	professionals,	land		surveyors,	the	District  Board	of	Supervisors,	and	its	staff	and		
																					
	consultants.																									
Ill.	THE DEVELOPMENT																				
	The development	wHI	consist		of 403 single family homes and associated	infrastmcture.		

	The Development is a	planned 1·esidential 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 pl'ior to plan Designation

has received zoning approval by the City. PUD approval		
submission to the City, and the property has an underlying		
of RM & RH (Residential Medium and Residential	High).		

shall be obtained

Future Land Use The development

will

be

constructed

in two

(2)

phases.

IV.	THE CAPITAL IMPROVEMENTS								
	The Capital Improvement	Plan, (the "CIP"), consists of public infrastmcture in Phases	1		

	and 2. The primary portions of the CIP will entail stonnwater	pond	construction,	roRdways		

	built to an	11	urbnn	11	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

V.

There will	also	be stormwater structures and	conveyance culverts	within	the CIP	which		

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

As a part	of the	rec1·eational	component of	the	CIP,	a public		park will		be	constructed		
																		other		
adjacent	to	Holly	Hill		Road	and		will have connectivity	via	walking	trails	to	the			
																	and		
portions of the	District. The	public park will be accessed		by	the	public	roadways				

walking	trails.																																							
CAPITAL IMPROVEMENT	PLAN COMPONENTS																				
																													
The Capital improvement Plan	includes the	following:																					
Stormwater Management	Facilities						conveyance systems and retention		
								of	storm			
Stormwater management	facilities consisting					
																									
																													curb		
ponds are	contained	within the	Di.strict boundaries. Stormwater	runs off via roadway			

and gutter	to storm inlets.	Storm	culverts convey the runoff	into	the proposed	retention		
												
										systems		will		
																					. The proposed	stormwnter					
																											
ponds fo1•	watel'	quality treatment		and attenuation																					
																														
																																					.		
																																										
utilize dl'y retention	for biological	pollutant assimilation to achieve water	quality treatment		
													
																				regulated by the		
The design criteria	for	the District's stonnwate1·	management	systems	is			
															natural		
City, the	County, and	the					.	There	are no	known	surface		waters 01·			
			SWFWMD																										
wetlands	on or immediately adjacent to	the	development.																				
																											
Federal	Emergency	Management	Agency Flood	Insurance Rate	Map {FEMA	FIRM)	Panel		

																										
																														
																											that the prope11y		
No. 121	0SC-0220O	and 121 0SC-0240O (dated 12/22/2016)	demonstrates			
													
									topography, it		does		
is located within	Flood Zone X. Based on this information	and	the	site					
																				
not appear that	floodplain compensation is	required.																					

Page4

During

the

construction

of

stormwater

management

facilities,  utilities  and

roadway

improvements,

the

contractor

will

be

required

to

adhere

to

a SronnW{lfer

Pollution

Prevention

Plan

(SWPPP)

as

required

by

Florida

Department

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

1md staked

turbidity

barriers

specifically

along

the

down

gradient

side

of any

proposed

construction

activity.

The

site

contractor

will

be

required

to provide

the

necessary

reporting

011

various

forms

associated

with

erosion

control,

its

maintenance

and any rainfall

events

that

occur

during

constmction

activity.

Public Roadwa:vs

The proposed public

l'oadway

sections

are to

be

1	R/W		
50			

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

b11se

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

mm·kings

within

the

public

rights-of-way,

as

well

as

street

signs

depicting

street

name

identifications,

and

addressing,

which

will

be

utiBzed

by

the

residents

and

public.

As

stated

above,

the

District's

funding

of

rnadway

consh11ction

will

occur

for

all

public

roadways.

Page

5

:Water

and

Wastewater

Fa~mtiils

A  potable  water	system  inclusive	of  wate1·  main,	gate	valves,  fire	hydrants	and		

									provider will	be		
	will	be installed			. The water service				
									
appurtenances			for the Development									
															
					. The water system	will be a	"looped" system. These		
the City of Davenport	Public Utilities										
									. This		
									within				
facilities will be installed within the proposed public	rights-of-way		the District				
								
						will serve the		
water will provide	the potable (domestic) and fire protection	services which			

.															
entire District															

A domestic wastewater collection sewer laterals will be installed. The

system gravity

inclusive of gravity	sanitary		
			
sanitary sewer	mains will be		

sewer mains	and		
			
8	diameter PVC.		
11				

The

gravity

sanital'y

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

individualA lots.

lift station is

anticipated

for

this

CIP,

Flow

from

the

lift

station

shall

be

connected

to

either a

force

main

along

N011h

Blvd

or

within

the

unopened

right

of

way

of

10th

St1·eet.

Reclaimed water is	not available for this site. An in-igation well	to be funded by the	District		

will be installed onsite to provide	irrigation within the public right	of way or irrigation		
						
						Any water,		
water service	shal1	be provided	as	pait of the domestic wate1·	system design.			
									
									be publicly		
sewer, or reclaim water pipes 01·	facilities	placed on private	pl'Operly will not			

funded.												

Page

6

Off-Site Imnronmeots		
The Dish'ict will provide	funding for the anticipated turn lanes at	

the

development entrance.

The

site constrnction 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.

Upon

completion

of

each

phase

of

these

improvements,

inspection/certifications

will

be

obtained

from

the

SWFWMD;

the

Polk

County

Health Department (water distribution system), Polk

County

City,

Enviromnental

Prntection

Commission

(HCEPC)

(wastewater collection)

and

the

Amenities

and

Parks

The

Districl

will

provide

funding

for

an

Amenity Center

to

include

the

following:

parking

area,

pavilion

with

restroom

facilities, pool,

tot

lot,

dog

park/all-pm-pose

play

field,

and

walking

trails

between

the

phases

to

provide connectivity

to

the

Amenity

Center,

Miscellaneous: The stormwater

improvements,

landscaping

and

irrigation, recreational improvements,

street lighting,

and

certain permits

and

professional

fees

as

described

in

this

reporL,

are

being

fimmced

by

the

District with

the

intention

for

benefiting

all

of

the developable real

property

within

the

District.

The

construction

and

maintenance

of

the

proposed

public

improvements

will

benefit

the

development

for

the

intended

use

as

a single-family planned

development.

Page 7

VI.

PERMITTING									the			
Construction	permits  for	Phase  1  &  2	are	required	and	include		SWFWMD		
										
											.	There are no		
														
Environmental	Resource Permit	(ERP), and City	constl'llction	plan approval			

												
													
Army Corps	of Engineer	(ACOE) jurisdictional	wetlands  within  the  CIP  boundaries;		

therefore 110 permits are required from that		.								
	agency								

Following is a sumrnal'y of requil'ed permits obtained and	pending for the construction	of		

the public infrastructure	improvements	for the District:				

PHASE 1				
Permits / Approv1ds		
Zoning Approval (City of Davenport)		
Prelimimu-y Plat	(City of Davenpmt)		
SWFWMDERP			
Constrnction	Permits (Davenport)		
				
FDEP Water				
FDEP Sewer				
FDEPNOI				

Approval/ Expected	Dnte		
			
City of Davenport Ordinance (Approved)		
City ofDnvenport (Approved)		
Approved			
July 2017			
Approved			
Approved			
Approved			

"'Amenity Center shall require separate permitting. Permits	required are Construction	Pennlt,		

FDEP, Waler, FDEP Sewer, SWFWMD, and FDEP NOi.				
PHASE2				

Permits / Approvals		
Zoning Approval	(Davenport)		
			
Preliminary Pl11t	(Davenport)		
				
SWFWMDERP				
Const!'uction	Permits (Davenport)		
					
FDEP Water					
FDEPSewer					
FDEPNOI					

Approval/ Expected	Date		
				
City of Davenport City Ordinance	(Approved)		
			
July 2018					
October 2018				
October 2018				
Octobel' 2018				
October 20	l 8				
September	2018			

Page 8

VII.	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 infrastmcture are in accordance		
											
											. It should		
with the	applicable requirements of	the City of	Davenport,	and	the SWFWMD			
										
be noted	that	the	infrastructure will	provide its	intended use and	function so long as	U1e		

conslrnclion	and	installation is in substantial conformance	with	the design construction		

plnns

and

regulatory permits.

Items t1tilized in	the		
plan infrastructure	as		

Opinion ofProbable	Costs for this report are based upon	proposed		
				
shown on construction drawings incorporating specifications in the		

most current

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		

			then	the	costs	differences	would			
objective of the	plan	for  such	improvements,						not		

																
materially affect	the pl'oposed cost	estimates.											

Page9

IX.	CONCLUSION													
	It is our professional opinion that	the	public infrastructure costs	for the CIP provided in	this	
	Report	are		reasonable	to	complete	the  constrnction  of	the	public	infrast11.1cture	
	improvements. Fmthennore,	the	public infrnstmcture improvements will benefit	and	add	
	value to lands within the Distdct	at least	equal to the costs of such improvements.			
	The Opinion	of Probable Costs	of	the	public infrastructure	improvements is	only	an	
	estimate and	is not a guaranteed maximum price.	The estimated costs are based upon unit	
	pl'ices	curl'ently	experienced	on	an	ongoing and	similar basis for	work	in the	County.	
	However,	labor	market,	future	costs	of	equipment, materials, changes to	the regulatory	
	pe11nitting	agencies activities,	and  the	actual  constmction processes employed	by	the	
	chosen	site	contractor are beyond the engineer's control. Due to this inhel'ent opportunity	
	for changes	(upward Ol'	downwal'd) in the constrnction costs, the total, final construction	

cost

may

be

more

or

less

than

this estimate.

Based upon the presumption that the CIP construction continues fo a timely	manner, it is		
om 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 co11sulta11ts in		
the County,	which we believe to be necessary in order to facilitate accuracy associated with		

the

Opinion

of

Pl'obable

Costs.

Based

upon

the

information

above,

it

is

our professional

opinion

that

the

acquisition

and

constrnction

costs

of

the

proposed

CIP

can

be

completed

at

the

cost

as

stated.

Page

10

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		Engineering	
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OFFICE: (863)	940-2040	
FAX:	1863)	940-2044	
CBl;	(863)	662-0018	
1925	BARTOW ROAD	
lAKELAND. Fl 33801	

COD OlSTRICT

EXHIBIT 1 HOLLY HILL ROAD EAST COD LOCATION MAP

NO

SCALE

	. ENGlNEER			
DENNIS WOOD, PROFESSIOHAL	.com		
EMAIL:	denniswoodengineering@gmail			

EXHIBIT

2

HOLLY

OVERALL	LEGAL DESCRIPTION		
		COMMUNITY	DEVELOPMENT	DISTRICT		
HILL ROAD EAST -					
					
			10, 11, 12 & 13		
PARCELS 1, 2,	3,	4, 5, 6, 7, 8, 9,			

TRACTS 21	AND	23 IN THE NORTHEAST¼		OF SECTION 05, TOWNSHIP 27 SOUTH, RANGE	27 EAST,	POLK		
									
							FRUIT	COMPANY", ACCORDING TO THE		MAP OR PLAT		
COUNTY, FLORIDA, OF "HOLLY HILL GROVE AND						
							RECORDS OF	POLK COUNTY, FLORIDA, LESS		
THEREOF,	AS	RECORDED IN PLAT	BOOK 22,	PAGE	10.	PUBLIC				
													-108,	PUBLIC	RECORDS	OF POLK COUNTY,		
							PER MAP BOOK 17,														
MAINTAINED	RIGHT-OF-WAY		PAGES 100															

FLORIDA.																																						
AND	IN THE	NORTHEAST¼	OF SECTION OS,	TOWNSHIP	27 SOUTH, RANGE 27 EAST,		POLK	COUNTY,		
TRACT 26										
						PLAT THEREOF,		
															ACCORDING TO	THE MAP	OR			
																						
FLORIDA,	OF																							
		"HOLLY HILL GROVE AND FRUIT COMPANY'',		OF POLK COUNTY, FLORIDA, LESS	RIGHT-		
AS RECORDED IN	PLAT BOOK	22,	PAGE 10,	PUBLIC RECORDS					
												
							POLK COUNTY,		FLORIDA.								
OF-WAY PER	O.R. BOOK 781,	PAGE 709,	PUBLIC	RECORDS OF											

																												
AND		IN THE	NORTHEAST¼	OF SECTION 05,	TOWNSHIP		27 SOUTH, RANGE 27 EAST,	POLK	COUNTY,		
TRACT 27											
														
																	ACCORDING TO THE MAP OR	PLAT THEREOF,		
FLORIDA,	OF	"HOLLY HILL GROVE AND FRUIT COMPANY",					
						OF POLK COUNTY, FLORIDA, LESS		RIGHT-		
AS RECORDED IN PLAT BOOK	22,	PAGE 10, PUBLIC RECORDS					
									
				POLK COUNTY,	FLORIDA.								
OF-WAY PER	O.R. BOOK 781,	PAGE 667,		PUBLIC	RECORDS		OF										

AND						IN THE NORTHEAST¼	OF SECTION		OS,	TOWNSHIP 27	SOUTH, RANGE 27 EAST,		POLK		
TRACTS 28 AND 29										
							PLAT		
				AND	FRUIT	COMPANY", ACCORDING TO	THE MAP	OR			
COUNTY,	FLORIDA,	OF "HOLLY	HILL GROVE								
											RECORDS OF POLK COUNTY, FLORIDA, LESS		
THEREOF,	AS RECORDED IN PLAT BOOK	22,	PAGE 10,	PUBLIC			
													OF POLK COUNTY,	FLORIDA.						
RIGHT-OF-WAY	PER O.R. BOOK 781, PAGE 695, PUBLIC RECORDS								
									POLK		
		13	IN THE SOUTHEAST¼	OF SECTION		05,	TOWNSHIP 27	SOUTH, RANGE 27 EAST,				
TRACTS 12 AND											
									PLAT		
							COMPANY	TRACT," ACCORDING TO THE MAP	OR			
COUNTY,		FLORIDA	OF "FLORIDA	DEVELOPMENT						
										
											PUBLIC RECORDS	OF POLK COUNTY,	FLORIDA.		
								PAGES 60	- 63					
THEREOF	AS	RECORDED IN PLAT BOOK 03,							

AND					13	IN THE SOUTHEAST¼	OF SECTION	05,		TOWNSHIP 27	SOUTH, RANGE 27 EAST,		POLK		
TRACTS 12 AND											
									PLAT		
						COMPANY		TRACT," ACCORDING TO THE MAP	OR			
COUNTY,	FLORIDA	OF "FLORIDA	DEVELOPMENT							
										
										PUBLIC RECORDS		OF POLK COUNTY,	FLORIDA.		
				03,	PAGES 60-63						
THEREOF	AS RECORDED IN PLAT BOOK								

AND	IN THE	SOUTHEAST¼	OF SECTION OS, TOWNSHIP 27	SOUTH, RANGE 27	EAST,	POLK		
TRACT 14								
						PLAT		
					COMPANY TRACT," ACCORDING TO THE MAP OR			
			DEVELOPMENT				
FLORIDA OF "FLORIDA					
					
			RECORDS OF	POLK COUNTY,	FLORIDA.		
			PAGES 60-63 PUBLIC					
AS RECORDED IN PLAT BOOK 03,						

									

COUNTY, THEREOF

AND	OF TRACTS 15 AND 16 IN THE SOUTHEAST¼  OF SECTION		
THE SOUTH½			
RANGE 27 EAST, POLK COUNTY, FLORIDA OF "FLORIDA	DEVELOPMENT		
	BOOK	03, PAGE		
TO THE MAP	OR PLAT THEREOF AS RECORDED IN PLAT				

05, TOWNSHIP 27 SOUTH,			
COMPANY TRACT,"	ACCORDING		
				
60-63 PUBLIC RECORDS OF	POLK		

COUNTY,

FLORIDA,

LESS

AND

EKCEPT

THAT

PORTION

OF

SAID

PROPERTY

CONVEYED

TO

POLK

COUNTY,

FLORIDA

BY

THAT

CERTAIN

QUIT

CLAIM

DEED

AS

RECORDED

IN

O.R.

BOOK

7811

PAGE

713

PUBLIC

RECORDS

OF

POLK

COUNTY,

FLORIDA.

AND

THE

NORTH½

OF

TRACTS

15

AND

16

IN

THE

SOUTHEAST¼

OF

SECTION

05,

TOWNSHIP

27

SOUTH,

RANGE 27 EAST, TO THE MAP OR

POLK COUNTY, FLORIDA OF "FLORIDA DEVELOPMENT COMPANY TRACT,"	ACCORDING		
PLAT THEREOF AS RECORDED IN PLAT BOOK 031	PAGES 60·63	PUBLIC RECORDS	OF		

POLK COUNTY, FLORIDA, LESS AND EKCEPT THAT		
COUNTY, FLORIDA BY THAT CERTAIN QUIT	CLAIM		

PORTION OF SAID PROPERTY CONVEYED TO POLK DEED AS RECORDED IN O.R. BOOK 781, PAGE 715

PUBLIC

RECORDS

OF

POLK

COUNTY,

FLORIDA.

AND		
TRACTS 13,	14,	

15,

16,

17,

18,

19,

31,

AND

32,

IN

THE

SOUTHWEST¼

OF

SECTION

04,

TOWNSHIP

27

SOUTH, RANGE ACCORDING TO

27	EAST, POLK COUNTY, FLORIDA, OF "FLORIDA DEVELOPMENT COMPANY	TRACT"		
				
THE MAP OR PLAT THEREOF, AS RECORDED IN PLAT BOOK 03,	PAGES	60-63 OF THE		

PUBLIC

RECORDS

OF

POLK

COUNTY,

FLORIDA,

LESS

AND

EXCEPT

THAT

PORTION

OF

THE

PROPERTY

DESCRIBED IN THE IN O.R. BOOK 139,

EMINENT DOMAIN PROCEEDINGS EVIDENCED BY THE ORDER OF TAKING	RECORDED		
PAGE 596,	AND THE	FINALJUDGEMENT	RECORDED IN O.R. BOOK 275,	PAGE 369	OF		

THE

PUBLIC

RECORDS

OF

POLK

COUNTY,

FLORIDA,

TOGETHER

WITH

THE

15.00

FOOT

WIDE

PLATTED

RIGHT-OF-WAY

COINCIDENT

WITH

THE

SOUTH

LINE

OF

SAID

TRACTS

13,

14,

15,

AND

16,

AND

COINCIDENT

WITH

THE

NORTH

LINE

OF

SAID

TRACTS

17, 18,

AND

19,

ALL, ALSO BEING DESCRIBED	AS:		
			
BEGIN AT THE NORTHWEST	CORNER		

OF

SAID

TRACT

29,

AND

RUN

THENCE

ALONG

THE

NORTH

LINE

-E,326.18	FEET TO THE NORTHEAST	CORNER		
THEREOF S-89°53'06"		THENCE ALONG THE		
THE SOUTHWEST CORNER OF SAID TRACT 21;			

THEREOF, SAID PONT ALSO BEING WEST LINE OF SAID TRACT 21 N-

00025'33"-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		
FOLLOWING THREE (3)	COURSES: 1)	-E,95,08	FEET; THENCE		
		S-89°49'04"			

RIGHT-OF-WAY LINE	THE		
				
	1	11	-E, 71.24	FEET;		
2)	S-88°09	06				

THENCE 3)	-E,160.16	FEET TO A POINT	ON THE EAST LINE		
	S-89°58'57"				
DEPARTING SAID MAINTAINED RIGHT·OF-WAYLINE, AND ALONG THE		

OF SAID TRACT 21; EAST LINE OF SAID

THENCE TRACT 21

S·

11 -E, 00°23'18

638.91

FEET

TO

THE

SOUTHEAST

CORNER

THEREOF,

SAID

POINT

ALSO

BEING

THE

	OF	
NORTHWEST CORNER'	
89°53'06"-E,326.98	FEET	

SAID TRACT 27;	THENCE ALONG THE NORTH LINE OF SAID TRACT	27	S·		
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	
FOLLOWING TWO	(2)	

DRIVE; THENCE ALONG SAID SOUTH MAINTAINED RIGHT-OF-WAY LINE	THE		
			2)		.69	FEET		
COURSES: 1)	-E,187.39	FEET; THENCE		S-89"59'30"-E,139			
	S-89°36'39"							

TO A POINT ON THE EAST LINE OF SAID TRACT 23;	THENCE DEPARTING SAID SOUTH	MAINTAINED		
		.92	FEET TO		
						
RIGHT-OF-WAY LINE, AND ALONG THE EAST LINE OF SAID TRACT 23 S-00°23'04"-E,634			
SOUTHEAST CORNER THEREOF, SAID POINT ALSO	BEING THE NORTHEAST	CORNER OF SAID TRACT		
				ON THE		
THENCE ALONG THE EAST LINE OF SAID TRACT 26	-E,635,38 FEET TO A POINT			
	S-00°22'59"					

THE 26;

NORTH RIGHT-OF-WAY LINE OF NORTH BOULEVARD WEST PER O.R. BOOK 781, PAGE 709 OF RECORDS OF POLK COUNTY,FLORIDA; THENCE ALONG SAID NORTH RIGHT-OF WAY LINE PER

THE O.R.

PUBLIC 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

-E,650.29		
THEREOF, 5-00"39'44"			
SOUTH LINE OF SAID TRACTS	12,		

FEET TO THE SOUTHEAST CORNER THEREOF; THENCE ALONG THE		
13, 14,	15 AND 16	-W,1628.90	FEET TO A POINT	ON THE		
		N-89°20'55"				

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.

AND				TRACT 16,	AND RUN THENCE ALONG THE NORTH LINE		
BEGIN AT THE NORTHWEST CORNER OF SAID				
SAID TRACTS 16,	15, 14, AND 13	11	-E, 1309.54	FEET TO THE NORTHEAST	CORNER OF SAID		
		N-89°43'00					

OF

TRACT 13;	THENCE ALONG THE EAST LINE OF SAID TRACT 13	AND THE SOUTHERLY	PROJECTION		
THEREOF,	667.62	FEET TO A POINT	ON THE SOUTH LINE OF THE NORTHWEST¼	OF		
						
	S-00"47'35"•E,							

THE

SOUTHWEST¼

OF

SAID

SECTION

04;

THENCE

ALONG

SAID

SOUTH

LINE

N-89°38'02"-W,331.52

FEET;

THENCE OF SAID

ALONG THE NORTHERLY PROJECTION OF THE EAST LINE OF SAID TRACT 19	AND THE EAST	LINE		
TRACT 19	667.55	FEET TO THE SOUTHEAST	CORNER THEREOF; THENCE	ALONG		
							
	S-00"48'45"·E,							

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	-E,628.70	FEET TO A		
	S-00"47'10"				
ROAD 547	{80'RIGHT-OF-WAY WIDTH);	THENCE		

POINT ON THE NORTH RIGHT-OF-WAY LINE OF COUNTY		
	1	00"-		
-OF-WAY LINE S-89°29			
ALONG SAID NORTH RIGHT				

W,

647.50

FEET

TO

A

POINT

ON

THE

WEST

LINE

OF

SAID

TRACT

32;

THENCE

ALONG

SAID

WEST

LINE

THEREOF,

AND

ALONG

THE

WEST

LINE

OF

SAID

TRACT

17

AND

THE

NORTHERLY

PROJECTION

THEREOF,

11			OF THE		
N-00°46'25-W, 1298,68 FEET TO A POINT ON THE NORTH LINE OF THE SOUTHWEST¼		OF THE		
SOUTHWEST¼	OF SAID SECTION 04,	ALSO BEING THE SOUTH LINE OF THE NORTHWEST¼			
						
SOUTHWEST¼	OF SAID SECTION 04;	THENCE ALONG THE SOUTHERLY PROJECTION OF THE WEST		
		-W,669.51 HET TO THE	POINT	OF		
OF SAID TRACT 16, AND ALONG SAID WEST LINE N-00°45'52"					

LINE

BEGINNING,

PROPERTY

DESCRIBED

CONTAINS:

44.47

ACRES,

MORE

OR

LESS

LEGAL

DESCRlPTION

HOLLY

HILL

ROAD

EAST·COMMUNITY DEVELOPMENT

PARCELS 1, 2, 3, 4, 5 AND 6

DISTRICT

TRACTS

21

AND

23

IN THE NORTHEAST¼

OF

SECTION

05,

TOWNSHIP

27

SOUTH,

RANGE

27

EAST,

POLK

COUNTY, FLORIDA, OF "HOLLY HILL GROVE THEREOF, AS RECORDED IN PlAT BOOK 22,

AND FRUIT COMPANY", ACCORDING TO THE MAP OR PLAT		
PAGE 10,	PUBLIC RECORDS OF POLK COUNTY, FLORIDA,	LESS		

MAINTAINED

RIGHT-OF-WAY

PER

MAP

BOOK

17,

PAGES

100-108,

PUBLIC

RECORDS

OF

POLK

COUNTY,

FLORIDA.

8ND TRACT 26

IN

THE

NORTHEAST¼

OF

SECTION

OS,

TOWNSHIP

27

SOUTH,

RANGE

27

EAST,

POLK

COUNTY,

FLORIDA, OF "HOLLY HILL GROVE	AND		
			
AS RECORDED IN PLAT BOOK 22,	PAGE		

FRUIT COMPANY", ACCORDING TO THE MAP OR PLAT THEREOF,		
10,	-		
	PUBLIC RECORDS OF POLK COUNTY, FLORIDA, LESS RIGHT		

OF-WAY

PER

O,R.

BOOK

781,

PAGE

709,

PUBLIC

RECORDS

OF

POLK

COUNTY,

FLORIDA.

AND	IN THE NORTHEAST¼ OF SECTION	OS, TOWNSHIP 27 SOUTH, RANGE	27 EAST,	POLK	COUNTY,		
TRACT 27							
												
FLORIDA,	OF "HOLLY HILL GROVE	AND FRUIT	COMPANY",	ACCORDING TO THE MAP OR	PLAT THEREOF,		
							COUNTY,	FLORIDA,	LESS RIGHT·		
AS RECORDED IN PLAT BOOK	22,	PAGE 10, PUBLIC RECORDS OF POLK					
												
OF-WAY PER D.R. BOOK 781,	PAGE 667,	PUBLIC RECORDS	OF	POLK	COUNTY,	FLORIDA.										
																				
AND						OF	SECTION 05,	TOWNSHIP	27	SOUTH, RANGE 27 EAST,	POLK		
TRACTS 28 AND 29	IN THE NORTHEAST¼								
									
COUNTY,	FLORIDA, OF "HOLLY HILL GROVE	AND FRUIT COMPANY", ACCORDING	TO THE MAP		OR	PLAT		
			COUNTY,	FLORIDA, LESS		
THEREOF, AS RECORDED IN PlAT BOOK 22,	PAGE 10, PUBLIC	RECORDS OF	POLK				
RIGHT-OF-WAY PER D.R. BOOK 781,	PAGE 695, PUBLIC RECORDS OF POLK COUNTY,	FLORIDA.							
												
ALL, ALSO BEING DESCRIBED	AS:						TRACT 29, AND RUN THENCE ALONG	THE		NORTH LINE		
				SAID						
BEGIN AT THE NORTHWEST CORNER OF							
			PONT	ALSO	BEING		
		-E,326.18 FEET TO THE	NORTHEAST	CORNER	THEREOF, SAID					
THEREOF S-89°53'06"							THENCE ALONG THE	WEST LINE OF SAID TRACT	21	N•		
THE SOUTHWEST CORNER OF SAID TRACT 21;						
								
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}							-E,71,24 FEET;		
				S-88"09'06"									
							1																							
		-E,160,16 FEET TO A	POINT	ON THE EAST LINE OF SAID TRACT 21;	THENCE			
THENCE 3) S-89"58'57"															LINE OF SAID	TRACT	21 S-		
DEPARTING SAID MAINTAINED RIGHT-OF-WAY LINE, AND ALONG THE EAST					
						
00"23'18"-E,638.91 FEET TO	THE SOUTHEAST CORNER THEREOF, SAID POINT ALSO	BEING THE	S·			
NORTHWEST CORNER OF SAID TRACT 27; THENCE	ALONG THE NORTH LINE	OF SAID TRACT 27				
i;tq•a;q'nli"-F q:n:; qi;t FFH TO THF NORTHFA<;T rnRNFR TH FR Fm:. THFNrF	Al nNr-; THF WF<;T	LINE OF		
	OF SAID TRACT 26;	·-OF-WAY		
SOUTHEAST CORNER THEREOF, SAID POINT ALSO	BEING	THE NORTHEAST CORNER				
THENCE ALONG THE	EAST LINE OF SAID	TRACT 26	S-00"22'59"-E,635.38 FEET	TO A	POINT	ON THE				THE			
						OF THE	PUBLIC				
NORTH RIGHT-OF-WAY LINE OF NORTH	BOULEVARD WEST PER 0,R,	BOOK	781, PAGE 709						
						69	FEET		
																													
RECORDS	OF POLK COUNTY,FLORIDA; THENCE ALONG SAID NORTH	RIGHT-OF	WAY	LINE	PER O.R.	BOOK		-				
								NED			
781, PAGE 709, AND	PER O,R. BOOK	781, PAGE 667, AND PER O,R, BOOK 781,	PAGE 696,	All	IN THE						
							ET TO 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 BEGJNNING,																													

-

		PROPERTY Dl;SCRIBED CONTAINS	28.58	ACRES, MORE OR LESS.						
					omre			2			HOLLY	HILL ROAD  EAST -			
Dennis	~,....···•.		(86l) 040- 040		COMMUNITY	DEVELOPMENT	DISTRICT		
		FAX:	(863) 940-204-4					
			1						6		
-		<	•		cru.:		66				PARCELS		1,  2,  3, 4, 5  AND			
				·' '												
	Wood~				(883)		2-0018					DESCRIPTION		
	--	Engineering	1925	BARTOW				LEGAL			
													
							ROAD				(NOT A SURVEY)				
		,_..		LLC	LAKELAND, fl. 33B01			EXHIBIT A					
DENNIS WOOD,  PROFESSIONAL								CONSISTS OF TWO (2)  PAGES,		
				ENGINEER						AND IS NOT COMPLETE WITHOUT	BOTH	PAGES		
EMAIL:	dennlswoodengfneering@gm all, com					

PAGE

1

OF

2

N

ISO

75

0 Scule: I"

ISO

"'  300'

300

SOUTH MAINTAINED	RIGHT-OF-WAY		
(M.B.	17,	PAGES	100-108)		
. f .9R~?J:. _LAJ9~	_Qfl.!Y!:..		

LINE - -

Q)
@ ® 0 ®

-_-	·--1-·------		
	1		
589°49'04"E 95.08			
S88"09'06"E7 1.24'			
.16'			
S89°58'57"E160			
.39'			
S89°36'39"E187			
SB9"59'30"E 139.69'			

TRACT 21	
HOLLY	HILL	
GROVE &	FRUIT	
COMPANY	
PLAT BOOK 22,	
PAGE	JO	
SW CORNER	
TRACT 21	
SE CORNER	
TRACT 21	

~r::	('II·		
	N,-..		
	t~		
oob			
;~	~13		
	t--3:		
OC>w	w;...		
	5~		
~z			
~::::J	In~		
~~			
	3:£		
NORTH LINE			
			
TRACT 27			
sa9•53•06"E		
326.98'			

4	5	
TRACT	23	
HOLLY HILL	
GROVE &	FRUIT	
COMPANY	
PLAT BOOK 22,	
PAGE	IO	
SE CORNER	
TRAffik 23	
SW CORNE		
TRACT 23		

~Rl :~..ft;

. gw
P'l~

i~

------~·

	I		
TRACT 29	1		
	:		
HOLLY HILL			
GROVE & FRUIT		
	I		
COMPANY	:		
PLAT BOOK 22,	I		
			
PAGE  10	:		
	I		
	I		
	\		

TRACT 28			
HOLLY HILL		
GROVE & FRUIT		
COMPANY	22,		
PLAT BOOK			
PAGE  10			

I	NE CORNE		
1	TRACT	7.11		
\	t!W CORNER				
1	TRACT 27				
I	TRACT 27				
I					
	HOLLY	HILL			
I					
	GROVE &	FRUIT		
I				
I	COMPANY			
I				
	PLAT BOOK	22,		
1				
I	PAGE	10				
!						
						
l						

NE CORNER
TRACT 26-

TRACT 26

HOLLY HILL

GROVE & FRUIT COMPANY PLAT BOOK 22, PAGE  10

• <D CON

~b ;g

cnw U'IZ
ii

... t ___		N89°48'44"1w	1305,66'	1		
						
-~ -:.-:.- - .. ::·ORT~	01				
		•·U,,J::\~~RR		
				-~o1rJRIGHT-=a~:		
	- RIGHT~b}.~~lrii?·			-WAY LINE		
(0.R.	BOOK 781,	PAGE 695)					
					(0.R. BOOK 781,		
							
					PAGE 667)		

_-_-No;ti-R~OO=-o~~-

WAY LINE

{O,R. BOOK 781,

PAGE 709)

Dennis	,.				
.....							
	Wood.'				
	-	Engineering	'1125 BAATOWJIOAD		
			,._	LLC	LAl<B.Atl>, Fl. 03001		
							
				.m:HSI		
Deff8 wooo. l'ftOl'S3SIOtW	-amei.oom		
E:MAIL.1						
	deMlewoodengk)Oerlng		

HOLLY	HILL	ROAD	EAST	-			
COMMUNITY	DEVELOPMENT	DISTR.lCT		
				6		
	1,  2,	3,  4,	5 AND			
PARCELS						
SKETCH	TO ACCOMPANY	LEGAL		
					
	DESCRIPTION					
						
	(NOT A SURVEY)	PAGES,			
EXHIBIT A CONSISTS OF lWO (2)				
AND IS NOT COMPLETE WITHOUT BOTH	PAGES	OF		
			PAGE 2			

2

HOLLY

HILL

LEGAL DESCRIPTION

ROAD EAST- COMMUNITY DEVELOPMENT DISTRICT PARCELS 7, 8, 9, & 10

TRACTS 12 AND 13	IN THE SOUTHEAST Y. OF SECTION 05,	TOWNSHIP 27 SOUTH,	RANGE 27 EAST, POLK		
				OR PLAT		
COUNTY, FLORIDA	OF "FLORIDA DEVELOPMENT	COMPANY TRACT," ACCORDING TO THE MAP			
			PUBLIC RECORDS	OF POLK COUNTY,	FLORIDA.		
THEREOF AS RECORDED IN PLAT BOOK 03, PAGES 60-63					

8NQ	OF SECTION OS, TOWNSHIP 27	SOUTH,	RANGE 27	EAST, POLK		
TRACT 14 IN THE SOUTHEAST¼						
							
FLORIDA OF "FLORIDA DEVELOPMENT COMPANYTRACT,"	ACCORDING TO THE MAP OR PLAT		
			OF POLK COUNTY,	FLORIDA.		
AS RECORDED IN PLAT BOOK 03, PAGES 60-63	PUBLIC RECORDS				

COUNTY, THEREOF

AND	OF TRACTS 15 AND 16 IN THE SOUTHEAST¼  OF	SECTION	OS, TOWNSHIP 27	SOUTH,		
THE SOUTH¼						
			COMPANY TRACT,"	ACCORDING		
RANGE 27 EAST, POLK COUNTY, FLORIDA OF "FLORIDA DEVELOPMENT				
				
	60·63 PUBLIC RECORDS OF POLK		
TO THE MAP	OR PLAT THEREOF AS RECORDED	IN PLAT BOOK 03, PAGE			
				PROPERTY CONVEYED TO POLK COUNTY,		
COUNTY, FLORIDA, LESS AND EXCEPT THAT PORTION OF SAID			
				PUB UC		
FLORIDA BY THAT CERTAIN QUIT CLAIM DEED	AS RECORDED	IN O.R. BOOK 781, PAGE 713				

RECORDS

OF

POLK

COUNTY,

FLORIDA.

rum	IN THE SOUTHEAST¼  OF SECTION	05, TOWNSHIP 27 SOUTH,		
THE NORTH½  OF TRACTS 15 AND 16				
		COMPANY TRACT,"	ACCORDING		
RANGE 27 EAST, POLK COUNTY, FLORIDA OF "FLORIDA DEVELOPMENT					
					OF		
			PUBLIC RECORDS			
TO THE MAP OR PLAT THEREOF AS RECORDED	IN PLAT BOOK 03, PAGES 60-63				
					
		PROPERTY CONVEYED TO POLK		
POLK COUNTY, FLORIDA, LESS AND EXCEPT THAT PORTION OF SAID			
		IN O.R.	BOOK 781, PAGE	715		
COUNTY, FLORIDA BY THAT CERTAIN	QUIT CLAIM DEED AS RECORDED					

PUBLIC

RECORDS

OF

POLK

COUNTY,

FLORIDA.

ALL.

ALSO

BEING

DESCRIBED

AS

BEGIN AT THE NORTHEAST CORNER OF SAID TRACT	12 AND RUN	THENCE ALONG THE EAST LINE		
						
1	FEET TO THE	SOUTHEAST CORNER THEREOF; THENCE ALONG THE		
'-E,650.29										
THEREOF, S-00"39'44	13, 14, 15 AND 16				-W,1628.90 FEET TO A POINT ON THE		
SOUTH LINE OF SAID TRACTS 12,							
		N·89"20'55"	PAGE 713	PUBLIC RECORDS OF		
EAST RIGHT-OF-WAY LINE OF HOLLY HILL ROAD, PER O.R. BOOK	781,				
			LINE, AND	THEN CONTINUING		
POLK COUNTY, FLORIDA; THENCE ALONG SAID EAST RIGHT-OF-WAY				
				
ALONG THE EAST RIGHT-OF-WAY OF HOLLY HILL ROAD, PER O.R.	BOOK 781, PAGE 715 PUBLIC RECORDS		
					
	643,68	FEET TO A POINT ON THE NORTH LINE OF SAID		
OF POLK COUNTY, FLORIDA N•00'29'26"•W,		16, 15,	14, 13 AND 12, S·B9"34'47"·E,		
TRACT 16; THENCE ALONG THE NORTH LINE OF SAID TRACTS				

1626.84

FEET

TO

THE

POINT

OF

BEGINNING.

PROP.~RTY

DESCRIBED

CONTAINS:

24,17

ACRES,

MORE

OR

LESS.

Dennis					OfFlC&	(883) 940-2040		
					FAX:	(663) 940-2.044		
.--		t•			CEll.:	(683) 662-0016		
Wood·~						
							
....	Engineering		1925	BARTOW RoAo		
			LAKElANO, FL 33801		
	_.		LlO			
								
DENNIS  WOOD,	PROFESSIONAL		ENGINEER		.com		
EMAIL:	dennlswoodengfneerlng@gmall			

-

-

HOLLY	HILL	ROAD	EAST	-		
COMMUNITY	DEVELOPMENT	DISTRICT		
		10		
PARCELS  7,	8,	9	AND			
							
LEGAL	DESCRIPTION			
(NOT A SURVEY)	PAGES,			
EXHIBIT A CONSISTS OF TWO (2)				
AND IS  NOT COMPLETE WITHOUT BOTH	PAGES	OF 2		
	PAGE  1			

N

•ro

75	9	
	Scale.	

I"

150 = 300'

390

I
EAST __  RIGHT•OF·WAY LINE	I

(O,R,

BOOK

781,

PAGE

715) --
/c

NORTH	1/2	NORTH		89034	'	47	"E	l	26	•		
			112~									
				:	NORTH	LINE			
TRACT	16	Tf\ACT	15		-- TRACTS	12-16			
FLORIDA	FLORIDA	1									

I

POINT OF BEGINNING
NORTHE/,\ST CORNER

ffi
i
f
N
.°'N

0
0
z

DEVELOPMENT COMPANY TRACT PLAT BOOK 03, PAGES 60·63

SOUTH 1/2 TRACT 16 FLORIDA

I	DEVELOPMENT	
I COMPANY TRACT	
:	PLAT BOOK 03,	
,	PAGES 60·63   ,

	-	•. _J	
SOUTH	1/2	:	
TRACT	15		
FLORIDA		

TRACT 14 FLORIDA DEVELOPMENT COMPANY TRACT PLAT BOOK 03,

PAGES 60-63

;

TRACT 12	
TRACT  13		TRACT  12	
FLORIDA		FLORIDA	
DEVELOPMENT	'.	DEVELOPMENT	
COMPANY TRACT :	COMPANY TRACT	
PLAT BOOK 03,  .	PLAT BOOK 03,	
PAGES 60-63		PAGES 60-63	

..J

DEVELOPMENT	DEVELOPMENT

	Q		COMPANY TRACT		COMPANY TRACT	SOUTH	LINE	1					SE CORNER		
EAST RIGHT-Of-WAY ~		PLAT BOOK	03,	,	PLAT BOOK 03,	,,.)..--TRACTS	12·16 ...__1							
(O,R. BOOK 781, PAGE 713)	I		PAGES	60	•	63	:	PAGES GO-~ NB9°20'55"W1628.9~'--,				TRACT	12.		
	Ir	.	.:-_ =--- -_-=				--- - -	-- - · -	-- -	·-	-	...	..	-	~ --	~-		
												~ ~				--~-.	--·		

)

			omcr:	(B6Jl u40-2oro	
			f,'X:	(863) 9«l-20H	
			C€ll.:	(663) 662-0018	
	Engineering	1925	BARTOW ROAD	
	P-	LLC	LAKELAND, Fl 33801	
DENNIS  WOOD,	PROFESSIONAL ENGINEER		
EMAIL:	dennlswoodenglneerlng@gmall.com	

HOLLY HILL ROAD  EAST ~				
COMMUNITY DEVELOPMENT	DISTRICT			
PARCELS  7, 8,	9 AND	10	LEGAL		
SKETCH TO ACCOMPANY			
DESCRIPTION					
(NOT A SURVEY)					
EXHIBIT A CONSISTS	OF TWO  (2)  PAGES,			
AND IS NOT COMPLETE	WITHOUT BOTH	PAGES	OF		
			PAGE 2			

2

LEGAL

DESCRIPTION

HOLLY

HILL

ROAD

EAST· COMMUNITY DEVELOPMENT	DISTRICT		
			
PARCELS 11, 12,	& 13			

TRACTS

13,

14, 15, 16, 17, 18,

19,

31,

AND

32,

IN

THE

SOUTHWEST¼

OF

SECTION

04,

TOWNSHIP

27

SOUTH, RANGE ACCORDING TO

27 EAST, POLK COUNTY, FLORIDA, OF "FLORIDA DEVELOPMENT COMPANY	TRACT"	
THE MAP OR PLAT THEREOF, AS RECORDED IN PLAT BOOK 03, PAGES 60-	63 OF THE	

PUBLIC

RECORDS

OF

POLK

COUNlY,

FLORIDA,

LESS

AND

EXCEeT

THAT

PORTION

OF

THE

PROPERTY

DESCRIBED IN THE IN D.R. BOOK 139,

EMINENT DOMAIN PROCEEDINGS EVIDENCED BY THE ORDER OFTAKING RECORDED		
PAGE 596, AND THE FINAL JUDGEMENT RECORDED IN D.R. BOOK 275,	PAGE	369	OF		

THE

PUBLIC

RECORDS

OF

POLK

COUNTY,

FLORIDA.

TOGETHER

WITH

THE

15.00

FOOT

WIDE

PLATTED

RIGHT-OF-WAY COINCIDENT

WITH

THE

SOUTH

LINE

OF

SAID

TRACTS

13,

14,

15,

AND

16,

AND

COINCIDENT

WITH

THE

NORTH

LINE

OF

SAID

TRACTS

17,

18,

AND

19.

ALSO BEING DESCRIBED	AS															
																
BEGIN AT THE NORTHWEST CORNER OF SAID	TRACT 16,	AND RUN THENCE ALONG	THE NORTH	LINE OF		
			CORNER OF	SAID		
SAID TRACTS 16, 15, 14,				-E,1309.54	FEET TO THE NORTHEAST				
	AND 13 N-89°43'00"				AND THE SOUTHERLY	PROJECTION		
TRACT 13;	THENCE ALONG THE EAST LINE OF	SAID TRACT 13				
							OF THE		
THEREOF,		-E,667.62 FEET	TO A POINT	ON THE SOUTH LINE OF THE NORTHWEST¼			
	S-00°47'35"	SECTION 04; THENCE										.52	FEET;		
SOUTHWEST¼	OF SAID														
			ALONG SAID SOUTH LINE N-89°38'02"-W,331			
THENCE ALONG THE NORTHERLY PROJECTION OF	THE EAST LINE OF SAID TRACT 19 ANO THE EAST LINE		
				-E,667.55 FEET TO THE SOUTHEAST	CORNER THEREOF; THENCE	ALONG		
								
OF SAID TRACT 19 S-00°48'45"					.42 FEET TO THE SOUTHWEST	CORNER	OF SAID		
													
THE SOUTH LINE OF SAID TRACT 19 S-89°30'27"-W,331						THE EAST LINE OF		
TRACT 19,	ALSO BEING	THE NORTHEAST CORNER	OF SAID TRACT 31; THENCE ALONG			
SAID TRACT 31			-E,628.70 FEET TO A POINT	ON THE NORTH RIGHT-OF-WAY LINE OF COUNlY		
	S-00"47'10"						SAID NORTH RIGHT-OF-WAY	LINE S-89"29'00"·		
ROAD 547	(80'RIGHT-OF-WAY WIDTH); THENCE ALONG				
W, 647.50 FEET TO A POINT ON THE WEST LINE OF SAID TRACT 32;	THENCE ALONG SAID WEST	LINE		
				
THEREOF,	AND ALONG	THE WEST LINE OF	SAID TRACT	32 AND	17 AND THE NORTHERLY	PROJECTION OF		
									
TRACT 17				-W,1298.68	FEET TO A POINT	ON	THE NORTH LINE OF THE			
	THEREOF, N-00°46'25"	OF	SAID SECTION 04,	ALSO BEING THE SOUTH	LINE OF THE		
SOUTHWEST¼	OF THE	SOUTHWEST¼						
NORTHWEST¼	OF THE	SOUTHWEST¼	OF	SAID SECTION 04;	THENCE ALONG THE SOUTHERLY	-W,669.51		
																			
PROJECTION OF THE WEST LINE OF SAID TRACT 16, AND ALONG SAID WEST LINE N-00°45'52"		
FEET TO THE POINT OF	BEGINNING,															

PROPERTY

~

~
Qennls	~	
Wood~~	'--'  ·•	

DESCRIBED CONTAINS:	44.47		

OfFIOO	(863) 040-2040	
FAX:	(Ml) 940-20U	
CaJ..:	(683) 662-0018	

ACRES, MORE OR LESS

HOLLY	HILL	ROAD	EAST~		
				DISTRICT		
COMMUNITY	DEVELOPMENT			
PARCELS	11,  12	&  13		

~

---

,_	Engineering		1925	SARlOW ROAD	LEGAL	DESCRIPTION			
	.,_	llC	LAl<ELAND, FL 33801	(NOT A SURVEY)			
										
DENNIS WOOD,	PROFESSIONAL	ENGINEER	.com	EXHIBIT A CONSISTS	OF TWO (2) PAGES,			
EMAIL:						AND IS NOT COMPLETE	WITHOUT BOTH PAGES			
	dennlswoodenglneer1ng@gmall			1 OF 2		
								PAGE			

N

Scale:  1•

=

3QO

300'

Qennls	~,,.,.,'			
-		·	·			
Wood					
	Englneerlng	l925BARTOWIIOAD		
	.....		UC	L.AKB..MI), FL 83801		
Dlffl8 wooo. ~			
			l!NClf&R		
EMAJL1 deMlawoodenglneerlng"Qmalcotn		

HOLLY  HILL ROAD  EAST ~				
COMMUNITY DEVELOPMENT	DISTRICT			
PARCELS  11,	12 &  13	LEGAL		
SKETCH TO	ACCOMPANY			

DESCRIPTION				
	(NOT A SURVEY)					
EXHIBIT A CONSISTS	OF TWO (2) PAGES,			
AND IS NOT COMPLETE	WITHOUT	BOTH	PAGES	OF		
				PAGE 2			

2

		~		i~ ·-	---		
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=

--
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~ ennis	...'-:-	OfACE: 1801 ~0-l<MO		
				
Wood ~  ·	FAX:	(863) ~0-2044		
	CELI!	(863J 662-001B		
- Engineering				
	1!125 BARTOW ROAD		
-	UC	LMSAND, R. 33801		

D~NIS WOOD. PROFESSlONAL ~NEER
EMAIL: denniswoodengineering@gmail.com

BOUNDARY	---				::"1-··' \- '.			
				DISTRJCT ...../ti-3:		t1~~-:::---			
DISTRJCT_/							_   ?~7- --_ -=- \			
				BOUNDARY			J		
						---~ :. e".J-.-			
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		~-s	~	:.						
.-  ·v··ENPORT B~		-:. --=-:.,__., ····-··  . -						
DA	.,,.,.		-	--~---g-_	-	-						
0	~	--' -  -   c-·-s		1-							
,le	i		_.~ ~-~'."-Pl'"-  - :ie -= ~ .	-----					
~ --		-					N		
	..,~ -			--- -- ··c·	--								

EXHIBIT 3

HOLLY HILL ROAD EAST COD

DISTRICT BOUNDARY MAP

NO

SCA.LE

D  COD DISTRICT

D ennis   ~=--·	offlC!:: 18631 ~2040	
....,.	FAX:	(863) 940-2044	
Wood ~-·	ew:	(863} 662-oots	
- E ngineering  1ru BARTOW ROAD	
.....	u.c  I.AKElANO, FL 33801	

DENNIS WOOD, PRO!'ESSI0NALENGlHEER
EMAIL: denniswoodengineering @gmaH.com

.-~ ..
:~...d
.	{
. l

EXHIBIT 4

HOLLY HILL ROAD EAST COD EXISTING LAND USE MAP CITY OF DAVENPORT

N

NO
SCALE

Davenport Zoning

;JJ~			0.1 OfGce		
TN-1 ':'::adScnolNa;> - ~		o-.l~PM!cs		
=TN - :! "T:">=il>IUI l.:.i;!,bort-.ooc!	-	060llomcnm~0=	
F.:.1 Rex - ~	-~11dl::acf.._,.A		
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R-:ZRas,dar,:iol			C.:3Con=v=bl		
~ - s~			C-'  =-=-		
?...: ~			1-1  ~	, _ . __	
1,lr-11/1~='1	~	:-2 1~		
t.t='-:?1,1..i,,.;:omty	~ Pl -1 ~ . , ~	
U---3  1 . 1~	__ Pl-:J>-.Jb'i:..-~	
C:: t.r--=~~	-	-  ~ Pl1Slc..-~	
D	l,IH-1  ~ 1 -- fot:'G(Su~-   -  Pl-< Pul:fcr:r~
IEiiil ~ ~ H - (?1"cs)	r::::::i CIII l:= - Oi=lc

, ~1	ttAJJNES 'IDTIY	
i	I	
I ~5		
1		
-I, -,	! >IORTMIR.VOW	
, j		
•1   D		
a_		

'RI)

Dennis	•	'•	m= osi ~2114l1		
-		. , £		FAX!	1863) 9"'G-2044		
	W ood  """		CB!:	1s631 li&.001a		
	-	Engineering				
-	u.c  1925 BARTOW ROAD
1.AKB.AND. FL 33801

DENNIS WOOD, PROFESSIONAL ENGINEcR
EMAIL: denniswoodengine.ering@gmail.com

*1
RM

RM

RH

D  COD DISTRICT

Legend
II!. I ~A	~	I   II-;- Railroads		
		-	Major Roads		
'-	'	1--	~~~oads		
			water Bocf.es		
		CJ D!!venport City Limi1s		
@.I Polk County FUl!Jre Land Use

Davenport Future Land Use
C	Residential 1..0\v (Rt)
C	Residential Medium (RM)

Cl Residential High (RH)
, El Residential Park (RP}
= Commerce AciMty Center (CAC)
Office P~ (OP) r - i Mixed Use (MU}
Q	Manufaduling/Warehouse {MW)

=:J Industrial (IND)
D Govemrnentllnstitutional (GI) 1 Recraatlon (REC) ~
D	Conservation (CONJ

EXHIBIT 5	N		
			
HOLLY HILL ROAD EAST COD			
2030 FUTURE LAND USE			
CITY OF DAVENPORT			
	NO		
	SCALE		

J

~ ~  ~ .I           ~ ~  ~~

u
u	-1§ ,~LJ		'-		!				_.__..,.__....._~~~,·()	~	~:=			✓	.,			
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	rt	~	~	'·		x  -:~.==~L ..	.......  [	[	I	j					1111111 l	mn l	I			tH~			
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~ s.~.										BO JND ~RY					.r		BOUNDARY		ffi  .			
	l:::::======;:==:l=====~ ==;===;am!::==--..__--lr=~-	~iiiiiiiiii~==·=-;						~- "°"'.;	~		
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				•				J		'	•	'   '		DA.VENPOR.:r.&.vo	l							...					N		

Dennis	~ --	oFRe:: 1863l 940-2~			
-	- :S:';~	FAX:	(863) 941>-2044	CDD DISTRICT		
W ood ~  ~--=	caJ.;	ISS31 662-001s			
					
:a-	J.l			-- {W) --EXlSTlNG WATER MAIN AS NOTBl		
Engineering	1925 BARrow ROAD	-- (FM)-- EXlSTING  FORCE  MAIN ~ NOTED		
-	u.c	lAKE!.AND. Fl 33801			
			H.C. - HAINES CITY		
DENNIS WOOO, PROFESSIONAL ENGlNEER			
	DAV -  DAVENPORT		
EMAIL: denniswoodengineering@gmail.com			
			PL - r'OU( COUNTY		

COMPOSITE EXHIBIT 6

HOLLY HILL ROAD  EAST COD

WATER & FORCE MAINS

NO

SCALE

, -  -	l -	-I~	__,	- ~L~		-			~) ~									
I			,,_					-				·-	, ~					• 1	/.  _A.			
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□J					\		DIS  Rid .							--			~		';;:: t:.	A		
		1	llt------!.--J  BOUI\ DARY	I	,_		~ ri!1	i			DISTRICT		~	;	JS.		
				' -	---	' ,   \		C			()		BOUNDARY		.~	.;,	C.		
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,	-	j	= , -I 11	I l	11			
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			-	-	·  -  ·	LEMON.SJ"~	N		
					, t=<t	•				

Qennis   •	,			"""'""'""""	LEGEND		
					--  FLOW DIRECTION		
Wood :		~	~	FAX:	(863) ~2°'4			
				CEl1:	l863l m~is	COD  DISTRICT		
- ~ngineering					
	1925 BARTOW ROAD			
			UC	I..AKEI..MO, FL 33801			

COMPOSITE EXHIBIT 6

HOLLY HILL RD EAST COD

DRAINAGE FLOW PATTERN MAP

NO

DENNIS WOOD. PROFESSIONAL ENGINEER SCALE EMAIL: denniswoodengineering@gmail.com

Exhibit 7			
Holly HIii Road East Community Development	District		
			
Summary of Probable Cost			

				Infrastructure					
Offslte Im				1	5							
	rovementsl	l!  117)	ll3ll		ll6l(1)				
Stormwater Management ( 11		5					
						1	2						
Utilities (Water, Sewer,	& Street		5	7	9		
		Lighting) !tl 111	) ( 1		
	4	5	7										
Roadway 11t  11  1t	1										
			7	8									
Entry Feature 111  11	1									
Parks and				1	7							
	Amenities 111		)							

Phase 2	
$	150,000.00	
$2,368,100.00	
$1,114,400.00	
$	860,675.00	
$	100,000.00	
$	395,037.00	
	250 000.00	

	Total	
$	270,000.00	
$	4,795,700.00	
$	2,256,800.00	
$	1,742,975.00	
$	200,000.00	
$	800,000.00	
	450 000.00	

Notes:

1.

2,

Infrastructure consists of roadway improvements, Stormwater management facilltles,	master	
sanitary sewer lift station and utilities, entry feature, landscaping and slgnage, and		
neighborhood parks.		
Excludes grading of each lot In conjunction with home construction, which will be provided by	

3, 4. 5. 6. 7. 8. 9.

home builder. Includes Stormwater pond excavation.

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

Stormwater does not Include grading associated With building pads. Estimates are based on 2016 cost.
Includes entry features, signage, hardscape, landscape, Irrigation and fencing. COD wlll enter Into a Lighting Agreement with Duke Energy for the street light

poles

and

lighting

10.

service. Estimates

based

on

403

lots.

Holly

Exhibit 8			
Hill Road East Community Development	District		
			
Summary of Proposed District Facilities			

District

Infrastructure

Construction

Ownership

Capita!

Financing•

Operation and

Malot~mance

Entry Feature & Slgnage	District		
Stormwater Facllltles	District		
... Lift Stations/Water/Sewer	···············DlstrlcL.		
			
Street lighting/Conduit	District		

District	District Bonds		District		
					
District	District Bonds		District		
					
. .  . ........ Cltyofoav.e.npo.rt ......	.......01s.trltt.Bo.nds	.....	....  CltvofDav.enpo.rt .......		
District	District Bonds		District		

Road

Construction

District

District

District Bonds

District

*Costs

not

funded

by

bonds

will

be

funded

by

the

developer

,-------H-o -1...1........	,Y...,....HI,....,,C"""L..L-,-----R--a=-,A~.O e,......,AS-r~-- ....c,,..,a=M....,..M:--:-,uN--:-:....,,1....-rY,~~i,=1::v"""'e=1....o=r,  ..::-M:-,.,,e::-:N---:....--f-1?=1s-,..rR--,----1c.,,-... r----~--,~, ·~""'" 0		
I•  1•· 1	'	11  '	1	ClfY Of l?AVl=Nl"ORf ,----1---	0---	,.,-.--,.--,---,   •		
	· ~	,	,  ,  "	TVP QI\\, MIQ•OLQ; KPEQE8JB•-· CFIO§S..~IJ5		
		1				1 ·		
	',·..					
II	I '		',					
' ,l 'I

I' I
I	•	'	
I	,1 :\	t	
!.· r,:'.

1f  '!•
:i,t   I  11
,.,i,, ·ri:•
JI1 ',

LW.,,l

I	,J   •••
'	I'

I	' 'W!OIM'1t.'4 f Mt<tlU!llltt~llt.WfPAIII
	C,Al11 t,l\.\t\ U4,U,f0&oollt\'f~ M Oo\N'j
,	CNIC#'rl"I0\#(11(.UIOINIIUtltNfnHOOl!Oolr
L ____.!::::=::::::!="""'~•".,~•,~.,~~,:,,!:!:;'"'~..n•~~,'°'==~===::!._____________ ___________ J Fx111n1rv

EXHIBITB

________

EXHIBITS------------.

FISHKIND

&

ASSOCIATES

MASTER ASSESSMENT METHODOLOGY REPORT

HOLLY HILL ROAD EAST COMMUNITY DEVELOPMENT DISTRICT

September 20, 2017

Prepared

for:

Members

Holly Hill

of the Board of Supervisors,
Road East Community Development

District

Prepared

by:

Fishkind & Associates, Inc.

12051 Corporate Boulevard

Orlando, Florida 32817

1.0 1.1

MASTER ASSESSMENT METHODOLOGY REPORT HOLLY HILL ROAD EAST COMMUNITY DEVELOPMENT DISTRICT

September 20J 2017

Introduction																			
Purpose																			
This  "Master	Assessment	Methodology	Report,"  dated  September	20,		
2017  ("Methodology")  provides	a	system  for  the  allocation	of	non-ad		
						debt		
valorem  special  assessments	securing	the  repayment  of  bond			
planned to be	issued	by the Holly Hill Road East Community	Development		
												
District ("District")  to	fund	beneficial	public infrastructure  improvements		
and  facilities.	The	Methodology	described  herein  has  two  goals:		(1)		
								
														as		
quantifying the special benefits received by properties within the District			
				
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's		
Board  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 includes approximately 97.22 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	403		

	single-family lots, landscaping, common and recreation areas, and related		

infrastructure.	The	land use	plan	for the District		
tables are found in the attached	Appendix).		

is

found

in

Table 1 (all

1.3

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

1.4	Requirements of a Valid Assessment Methodology

For special  assessments	to	be valid  under Florida	law,	there	are two		
										
					must	receive  a	special		
requirements.	First,	the  properties	assessed					
											.	Second,	the		
benefit from the improvements paid for via the assessments					
assessments must be	fairly	and	reasonably allocated to	the properties		
being assessed.																
If these two characteristics of valid special assessments	are adhered	to,		
				as	the		
Florida  law  provides		some	latitude	to  legislative  bodies,  such				
							special	assessments.		
District's Board	of	Supervisors,	in	approving				
Indeed,  Florida	courts	have found  that the  mathematical	perfection	of		
							
				likely impossible.  Only if	the District'sBoard		
calculating special benefit	is				
	capricious, or grossly unfair fashion would its		
was to act in an arbitrary,			
													
assessment methods	be overturned.										

2

1.5	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 Table	2,	the estimated cost of the CIP is $10,515,475.		
The  District plans to issue bonds to fund  these costs, with total  bond		
principal estimated at $14,150,000.	There are 96.48 assessable acres		
within the District.  Therefore, the average		cost per assessable acre	in	the		
															
District is $146,663 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 $20,795	per acre.  Therefore, as illustrated	in		

the table immediately below, the total cost	of the land with the proposed		
improvements implemented is approximately	$167,457 per acre.						

[Table found

on

the following page.]

3

Demonstration of Special Benefit for Properties in the District		
Category	Amount		

Maximum Bonds Necessary to Fund CIP		
Assessable Acres within District		
GIP Financed Cost Per Gross	Acre		

$14, 150,000 96 $146,663

Value of Unimproved Land/Acre*	$20,795	
Total Cost of Improved Land per Acre	$167,457	

Est. Avg. Value of Finished	Home and Lot		
			
Value of Lot @ 25%			
Density/Assessable Acre			
	Acreper		
Est. Value of Finished Lots/Land		

$200,000 $50,000 4.18 $208,852

Net Benefit per Acre from CDD Improvements	$41,394	

*Average of the 2017 values Property Appraiser.

of

all assessable District land provided by the Polk County

Based  on  the  land  development	plan,	and	market	research  by	the		
				average  value  for  a		
District's Financial	Advisor  ("FA"),	the  estimated			
single-family home	to be developed	in the District is	$200,000.	The typical		
					lot is		
relationship between the total price	of a new home		and	its finished			
								
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 4.18 units per		
						
assessable acre.		Therefore, the	average	value per acre for properties		
developed  into	residential	lots	is		$208,852.	Thus,	the  estimated	net		
													
														the		
special benefit	to	District lands	is	$41,394 per acre.		In	other words,			
										
installation of the	GIP will increase	the market value of the land within the		
														
District in excess	of the cost of the assessments.										

2.0

2.1

CIP Plan of Finance							
Phased Infrastructure Installation						
The  District will install  its public	infrastructure and  improvements	on  a		
					East		
phased  basis,  as  outlined  in  more  detail  in  the  "Holly	Hill	Road			
			Capital		
Community   Development   District   Engineer's  Report	for			
Improvements", dated September 2017 ("Engineer'sReport"), as prepared		

4

by Dennis Wood Engineering,	LLC ("District Engineer").  As	outlined in the		
Engineer'sReport, the	District will install	the	infrastructure necessary	to		
serve  the  lands  within	both	Phases  1	and	2.	Descriptions  of these		
properties are found attached	as Exhibits "A" (Phase 1) and	"B" (Phase	2).		
					
	improvements for Phase 1 are designed	to		
The District infrastructure	and				
									the District		
serve and specially benefit the lands within Phase	1.  Similarly,			
infrastructure and improvements for Phase 2 are designed		to	serve	and		
		costs of	the		
specially benefit the lands within Phase 2.	The estimated				
		the estimated		
Phase 1 and 2 District infrastructure and improvements (and				
costs for the District'sentire	CIP) are presented in	Table 2.							

2.3	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		
									to be		
within the District.	The District'sfirst	series	of bonds	is	expected			
issued in the 2017 calendar		year ("Series 2017 Bonds")	and	will help fund		
												
															.		The		
																						
the costs of the Phase	1 District	infrastructure and improvements				
														solely		
Phase 1 District infrastructure	and improvements will	be assessed			
						
												2	District		
to  properties  located  within  Phase  1.	Similarly,  the  Phase				
		properties		
infrastructure  and	improvements will	be	assessed  solely	to				
located within Phase 2.	A number of component funds comprise the total		
principal of the bonds	to be	issued	by the District.  These funds	may		
						
											capitalized		
include but are  not	limited	to  acquisition	and  construction,			
										
											and	issuance		
interest,  a debt service  reserve,	underwriter's discount,				
										
costs.																						
An estimate of the	initial bond issuances required to fund the	Phase 1	and		
2 District infrastructure and improvements	is	found in	Table	3.		As	bonds		
						supplemental		
are  issued  by  the  District		over	time,	Fishkind will	issue			
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		
												each bond		
assessments for properties	that have been	assessed to	secure			

issuance.																						

5

3.0

3.1

Assessment Methodology																							
Assessment Foundation																								
The		assessment methodology	associated with the allocation	of	the costs		
											
							First, the District Engineer determines		
of the CIP	is	a four-step process.					
													improvements.		
the		costs	for	the	District's infrastructure	and	related			
									finance		the		
Second,  an  estimate  of	the		amount	of bonds	required	to					
											
infrastructure	improvements	is	calculated.   Third,  the  District	Engineer		
									
																	phase  of		
outlines  which	parcels	benefit	from	the		provision	of	each			
infrastructure	and							.			Finally, the as-financed	costs	of the		
		improvements											the	benefiting		
infrastructure	and	related	improvements are allocated	to				
													
											relative benefit each unit receives	as		
properties based on the	approximate				

expressed	by	that unit'sEquivalent	Residential Unit ("ERU") Factor.				
																				
In	allocating		special	assessments	to		benefiting	property,		Florida		
												to,		
governments have used a variety of methods including, but not limited			
			
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-		
													
											to estimate the benefit derived		
family residence.  The use of ERU values			
									fair,	and		
from	infrastructure	improvements			is	recognized	as	a	simple,					
reasonable method for apportioning	benefit.	ERU values are a commonly		
											in	Florida.		
accepted method for calculating special benefit assessments				
							
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'sReport.	The maximum	amount	of bonds required	to fund		
								and is	shown		
	the	Phase 1	and 2 infrastructure	costs has been calculated				

	in	Table	3.	The  bonds		principal  and  related  annual  debt  service		
													be  equally	divided		
	assessments	assigned	to	Phase  1 and  2 will	then				
							bonds		
	among the number of lots planned for	each phase.	The resulting			
							
	principal	and	related annual	debt service assessments	for Phase 1 and 2,		
											
													in Table	4.		
	and each lot planned for each	of these phases,	are shown				
					as		
	Table 4	becomes  important	as	the land within	a phase	is	platted,			

6

specific bond Development

debt service assessments will be assigned Units within the relevant phases at this time.

to

the individual

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 Phase 2 properties		
will initially be assigned to Phase 2 properties	on	an equal per-acre basis.		
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		

7

District.  The	District will	
up  payments	are	due	
satisfactorily made.	The	

not release any liens on property	for which true-		
			
until  provision  for  such  payment  has  been		
true-up thresholds for the lands within Phases 1		

and 2 are found

in

the table below.

Initial True-Up Thresholds

Category	50%	75%	90%	
Ph. 1 Developed Acres	21.8	32.7	39.3	
Ph. 1 Undev. Acres	21.8	10.9	4.4	

100% 43.7 0.0

Debt per Undev. Ph. 1 Acre

$162,964

$162,964	$162,964	$162,964	

--------------------------------------------------------		
Ph. 2 Developed Acres	26.4	39.6	47.5	52.8		

Ph. 2 Undev. Acres

26.4

13.2	5.3

0.0

Debt per Undev. Ph. 2 Acre	$133,188	$133,188	$133,188	$133,188	

In the event that additional	land not currently subject	to	the assessments		
								
									in such a		
required	to	repay the debt associated	with the CIP is developed			
							
									that		
manner	as	to receive special benefit from	the CIP, it is	contemplated			
					The		
this Methodology will	be  re-applied	to  include such  new parcels.			
					
additional land, as a result of applying this Methodology, will be	allocated		
an appropriate share	of the special	assessments, while all then-assessed		
							levels.			
parcels will receive a relative	adjustment in	their assessment				

4.0	Contribution of District Infrastructure and/or Improvements

The costs of the District'sCIP will likely be funded by two mechanisms.		
The first mechanism is the issuance	of special assessment bonds.	The		
						to the		
second mechanism is the contribution		of funds or CIP components				
District ("Contribution'l Property owners within the District will have the		
opportunity to make such a Contribution upon approval by the District.			
A District property owner'sContribution	will give rise to assessment	credits		
						
		reduce or eliminate bond		
that can	be applied by the property	owner to			
					assigned  to		lands		
debt service  assessments  that	would  otherwise  be					
within the District to fund the costs of the CIP.  Prior	to a property	owner		
				a		
reducing	or  eliminating  bond	debt		service	assessments  through			

8

5.0

Contribution,	it  must	be	shown	that		the		improvements  funded	or		
													GIP, as outlined		
contributed by the property	owner are a component of the			
										permitted to apply		
in the Engineer'sReport.	The property owner will be			
assessment credits equal to the value of 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		
										for		
the improvement(s) (such that the property	would not	be responsible			

bond financing costs if	the Contribution	was made prior to the District's		
				A property owner possessing		
issuance of special assessment bonds).					
assessment credits due to a Contribution	will,	in the District'sdiscretion,		
				credits to adjust bond debt		
have the opportunity to use the assessment			
							
service assessment levels of Development Units.					
Bond Assessment Roll														
The table below outlines	the maximum		bond	principal	assessment per		
developable acre for the lands within Phase		1	and 2.					
									
		Bond Assessment Roll					

Phase	Parcel ID	
1	272704722000040130	
1	272704722000040170	
1	272704722000040190	
	Subtotal, Phase 1	
2	272705725500010210	
2	272705725500010230	
2	272705725500010290	
2	272705725500010280	
2	272705725500010270	
2	272705725500010260	
2	272705726000020153	
2	272705726000020151	
2	272705726000020140	
2	272705726000020120	
	Subtotal, Phase 2	

Acres

19.64

19.06 4.96

43.66

4.80 4.80 4.75 4.75 4.77 4.77 4.82 4.60 4.91 9.85 52.82

Max Bond Prlnci12al $3,200,609 $3,106,090 i8o8,301 i7l1151QQQ

$639,303 $639,303 $632,644 $632,644 $635,308 $635,308 $641,967 $612,666 $653,954 11,311,904 P1oas1000

Max Bond Annual {1} $263,542 $255,760 ~66,557 i5851859

$52,641 $52,641 $52,093 $52,093 $52,312 $52,312 $52,860 $50,448 $53,847 i10s,024 i5791271

	Grand Totals	96.48	$14,150,000	$1,165,130		
						
(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.		

9

EXHIBIT "A LEGAL DESCRIPTION

11 OF PHASE I

LEGAL DESCRIPTION		
HOLLY HILL ROAD EAST• COMMUNITY	DEVELOPMENT		
			
PARCELS 11, 12, & 13		

DISTRICT

TRACTS 13, 14, 15,	16, 17, 18,	19, 31, AND 32,	IN THE	SOUTHWEST¼	OF SECTION 04, TOWNSHIP	27			
									
							COMPANY TRACT"			
							DEVELOPMENT				
SOUTH, RANGE 27	EAST, POLK COUNTY, FLORIDA, OF "FLORIDA					
					THE		
				BOOK 03,	PAGES 60-63 OF			
ACCORDING TO THE MAP OR	PLAT THEREOF,	AS RECORDED IN PLAT					
										
PUBLIC RECORDS OF POLI< COUNTY, FLORIDA, LESS AND	EXCEPT	THAT PORTION OF THE PROPERTY			
				BY THE ORDER OF TAKING	RECORDED		
DESCRIBED IN THE	EMINENT DOMAIN PROCEEDINGS EVIDENCED				
					OF		
				BOOK 275, PAGE 369			
IN O.R. BOOK 139,	PAGE 596,	AND THE FINAL	JUDGEMENT	RECORDED IN O.R.				

THE

PUBLIC

RECORDS

OF

POLK

COUNTY,

FLORIDA.

TOGETHER WITH THE 15.00 FOOT WIDE PLATTED	RIGHT-OF-WAY	COINCIDENT WITH THE SOUTH LINE		
		WITH THE NORTH LINE OF SAID TRACTS 17,	18,		
OF SAID TRACTS 13, 14, 15, AND 16,	AND COINCIDENT				

AND

19.

ALSO

BEING

DESCRIBED AS

BEGIN AT THE NORTHWEST CORNER OF SAID TRACT 16,	AND	RUN	THENCE ALONG THE NORTH	LINE	OF		
								
					THE NORTHEAST	CORNER OF	SAID				
SAID TRACTS 16,					-E,1309.54	FEETTO							
	15, 14, AND 13 N-89"43'00"			13 AND THE SOUTHERLY	PROJECTION					
TRACT 13;	THENCE ALONG THE EAST LINE OF SAID TRACT							
							OF THE		
									OF THE NORTHWEST¼			
THEREOF,				-E,667.62 FEET	TO A POINTON	THE SOUTH LINE				
	S-00"47'35"			04; THENCE ALONG SAID SOUTH LINE	N-89°38'02"-W,331.52		FEET;			
SOUTHWEST¼	OF SAID SECTION							
									
						PROJECTION OF THE EAST LINE	OF SAID TRACT 19 AND	THE EAST LINE		
THENCE ALONG	THE NORTHERLY					
				SOUTHEAST	CORNER THEREOF; THENCE	ALONG		
						-E,667.55 FEET TO THE					
														
OF SAID TRACT 19 S-00°48'45"		-W,331.42 FEET	TO THE SOUTHWEST CORNER	OF SAID		
THE SOUTH LINE									
	OF SAID TRACT 19 S-89°30'27"			TRACT 31;	THENCE ALONG	THE EAST	LINE	OF		
TRACT 19,	ALSO	BEING	THE NORTHEAST CORNER OF SAID							
											RIGHT-OF-WAY	LINE OF	COUNTY		
SAID TRACT 31				-E,628.70	FEET TO A POINT ON THE NORTH					
														
	S-00"47'10"																							-		
ROAD 547		RIGHT-OF-WAY	WIDTH); THENCE ALONG	SAID NORTH	RIGHT-OF-WAY	LINE S-89"29'00"		

	(80'	TO A POINT ON THE WEST LINE OF SAID	TRACT 32;	THENCE ALONG SAID WEST		LINE				
W, 647,50 FEET									
							OF		
			AND	17 AND	THE NORTHERLY	PROJECTION			
THEREOF,	AND ALONG	THE WEST LINE OF SAID TRACT32							
									
					ON	THE NORTH LINE OF THE						
TRACT 17	THEREOF, N-00"46'25"-W,1298.68 FEET TO A	POINT								
									THE SOUTH	LINE OF THE				
SOUTHWEST¼	OF THE	SOUTHWEST¼	OF SAID SECTION	04, ALSO BEING						
						THE SOUTHERLY						
				SOUTHWEST¼	OF SAID SECTION 04; THENCE	ALONG							
NORTHWEST¼		OF THE					-W,669.51		
													
									ALONG														
																								
PROJECTION OF	THE WEST LINE OF SAID TRACT 16, AND		SAID WEST LINE N-00°45'52"					

FEET

TO

THE

POINT

OF

BEGINNING.

PROPERTV

DESCRIBED

CONTAINS:

44.47

ACRES,

MORE

OR

LESS

-	-		

-				
	I	.,, •.:':'ft.,' ,, .,		
		- ,.... ,,:.		
Denn s	.. _,,,,'",.,1		
......		-		
	Wood··\'.i;JYI~·/:		
	.,.._	h		

OFACE: FAX:

cru:

(B63) 940-2040
(863) 040-2044

(B5l) 662-001e

HOLLY	HILL	ROAD EAST	-		
					
			DISTRICT		
COMMUNITY	DEVELOPMENT			
					
		11, 12 &  13			
PARCELS				
DESCRIPTION

	Engineering		1925	BARTOW ROAD		
	....		LlC	LAKELAND, FL 33801		
							
DENNIS WOOD,	PROFESSIONAL		ENGINEER	.com		
EMAIL:								
	denn!swoodenglneerlng@gmatl		

LEGAL				
(NOT A SURVEY)	PAGES,		
EXHIBIT A CONSISTS OF TWO (2)			
AND IS  NOT COMPLETE WITHOUT BOTH	PAGES		
	PAGE		

1

OF

2

EXHIBIT	11	8"		
				
LEGAL DESCRIPTION OF		

PHASE

II

LEGAL DESCRIPTION

HOLLY

HILL

ROAD

EAST· COMMUNITY DEVELOPMENT

PARCELS 1, 2, 3, 4, 5 AND 6

DISTRICT

TRACTS 21 AND 23 IN THE NORTHEAST¼	OF SECTION 05,	TOWNSHIP 27 SOUTH, RANGE	27	EAST,	POLK		
					PLAT		
COUNTY,	FLORIDA, OF "HOLLY	HILL GROVE	AND	FRUIT	COMPANY", ACCORDING	TO THE		MAP	OR				
						COUNTY,	FLORIDA, LESS		
THEREOF, AS	RECORDED IN PLAT	BOOK 22,	PAGE	10. PUBLIC RECORDS	OF	POLK				
											COUNTY,		
MAINTAINED	RIGHT-OF-WAY PER MAP BOOK 17,	PAGES 100-108, PUBLIC	RECORDS OF	POLI<			
FLORIDA.																																							
AND						OF SECTION 05,	TOWNSHIP 27 SOUTH, RANGE	27	EAST,		POLK COUNTY,		
TRACT 26 IN THE NORTHEAST¼									
											THEREOF,		
FLORIDA,	OF "HOLLY HILL GROVE	AND FRUIT COMPANY",	ACCORDING	TO	THE	MAP OR	PLAT			
				OF POLK COUNTY,	FLORIDA,		LESS RIGHT-		
AS RECORDED IN PLAT BOOK	22,		PAGE 10,		PUBLIC	RECORDS						
																			
OF-WAY PER O.R. BOOK 781,	PAGE	709,	PUBLIC	RECORDS	OF POLK COUNTY,	FLORIDA.													
																								
ANO								SECTION 05,	TOWNSHIP 27 SOUTH, RANGE	27	EAST,		POLK COUNTY,		
TRACT 27	IN THE NORTHEAST¼	OF								
																		
FLORIDA,	OF "HOLLY HILL GROVE AND FRUIT COMPANY",	ACCORDING	TO	THE	MAP OR	PLAT THEREOF,		
			OF POLK COUNTY,	FLORIDA,		LESS RIGHT-		
AS RECORDED IN PLAT BOOK	22,		PAGE 10, PUBLIC	RECORDS						
																	
OF-WAY PER O,R. BOOK 781,	PAGE	667,	PUBLIC	RECORDS	OF POLK COUNTY,	FLORIDA,													
																								
ANO									OF SECTION 05,	TOWNSHIP 27 SOUTH, RANGE	27	EAST,		POLK		
TRACTS 28 AND 29	IN THE NORTHEAST¼								
							PLAT		
COUNTY,	FLORIDA, OF "HOLLY	HILL GROVE	AND	FRUIT	COMPANY", ACCORDING	TO THE	MAP OR				
						COUNTY,	FLORIDA, LESS		
THEREOF, AS	RECORDED IN PLAT	BOOK 22,	PAGE	10, PUBLIC	RECORDS	OF	POLK					
											FLORIDA.							
RIGHT-OF-WAY PER O.R. BOOK	781	PAGE	695, PUBLIC	RECORDS OF POLK	COUNTY,								
				1																															
ALL, ALSO BEING DESCRIBED	AS:																			THE	NORTH LINE		
BEGIN AT THE NORTHWEST CORNER OF SAID TRACT 29, AND RUN THENCE ALONG				
	PONT	ALSO BEING		
THEREOF			-E,326,18 FEET TO	THE NORTHEAST	CORNER THEREOF, SAID				
	S-89°53'06"					TRACT	21; THENCE ALONG THE WEST LINE OF SAID TRACT	21		N-		
THE SOUTHWEST CORNER OF SAID							
								
00025'33"-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)								-E,71,24 FEET;		
		S-88"09'06"		THENCE			
			-E,160,16	FEET TO	A	POINT	ON	THE EAST LINE OF SAID TRACT 21;				
THENCE 3) S-89"58'57"		RIGHT-OF-WAY LINE, AND	ALONG THE EAST LINE OF SAID	TRACT	21 S-		
DEPARTING SAID MAINTAINED						
								
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-				
siq0i;!:!'flf."-F !:\?f, QR FFFTTn	THF NORTHFA'>TrnRNFR	THFRFrn:• THFNn= Al ON(; THF WViT	LINE OF		
						OF SAID TRACT	26;		--OF-WAY		
SOUTHEAST CORNER	THEREOF, SAID	POINT ALSO	BEING THE NORTHEAST CORNER						
THENCE ALONG THE	EAST LINE OF	SAID	TRACT 26	S-00°22'59"-E,635,38 FEET TO A	POINT	ON	THE							THE			
						OF THE PUBLIC				
NORTH RIGHT-OF-WAY LINE OF NORTH	BOULEVARD WEST PER 0,R.	BOOK 781,	PAGE	709					
						.69	FEET		
RECORDS OF POLK COUNTY,FLORIDA; THENCE ALONG	SAID NORTH	RIGHT-OF WAY	LINE	PER	O.R. BOOK					
							NED			
781, PAGE	709,	AND	PER O,R. BOOK	781, PAGE	667, AND	PER	O,R, BOOK 781, PAGE 696, ALL	IN THE							
											ET TO THE		
PUBLIC RECORDS OF	POLK COUNTY,	FLORIDA, N-89°48'44"-W,1305.66 FEETTO 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									
																
TD THE POINT OF BEGINNING.																																				

-

	PROPERTY DESCRIBED CONTAINS 28,58	ACRES, MORE OR LESS,					
Dennis	.-   ,~');_:i-		omcE:	(863) 040-2040			HOLLY	HILL ROAD EAST -			
			rAx:	(663)	940--20«	COMMUNITY	DEVELOPMENT DISTRICT		
._	Wood \\i?:\: ·'		CEil!	(863) 662-0018			PARCELS	1,	2,  3,  4   5 AND	6		
											1			
	~	.U.							LEGAL	DESCRIPTION		
	Engineering	1925	BARTOW	ROAD						
								(NOT A SURVEY)			
	.,..		LLC	Lt\KELAND,  FL 33801			EXHIBIT A				
DENNIS WOOD,  PROFESSIONAL	ENGINEER						CONSISTS OF TWO (2) PAGES,		
						AND IS NOT COMPLETE WITHOUT BOTH	PAGES		
EMAIL:  dennlswoodenglneerlng@gmall.com				

PAGE

1

OF

2

LEGAL

DESCRIPTION

HOLLY

HILL

ROAD

EAST- COMMUNITY DEVELOPMENT PARCELS 7, 81 9, & 10

DISTRICT

TRACTS

12

AND

13

IN

THE

SOUTHEAST¼

OF

SECTION 05,

TOWNSHIP

27

SOUTH,

RANGE

27

EAST,

POLK

COUNTY, THEREOF

FLORIDA OF "FLORIDA DEVELOPMENT COMPANY TRACT," ACCORDING TO THE MAP AS RECORDED IN PLAT BOOK 03, PAGES 60-63 PUBLIC RECORDS OF POLK COUNTY,

OR PLAT FLORIDA.

AND			
TRACT 14 IN THE SOUTHEAST¼  OF SECTION 05, TOWNSHIP 27 SOUTH, RANGE 27 EAST, POLK		
FLORIDA OF "FLORIDA DEVELOPMENT COMPANY TRACT," ACCORDING TO THE MAP OR PLAT		
AS RECORDED IN PLAT BOOK 03, PAGES 60-63 PUBLIC RECORDS OF POLK COUNTY,	FLORIDA.		

COUNTY, THEREOF

AND

THE

SOUTH½

OF

TRACTS

15

AND

16

IN

THE

SOUTHEAST¼

OF

SECTION

05,

TOWNSHIP

27

SOUTH,

RANGE 27 EAST, POLK COUNTY, FLORIDA OF "FLORIDA TO THE MAP OR PLAT THEREOF AS RECORDED IN PLAT

DEVELOPMENT COMPANY TRACT," ACCORDING BOOK 03, PAGE 60-63 PUBLIC RECORDS OF POLK

COUNTY,

FLORIDA,

LESS

AND

EXCEPT

THAT

PORTION

OF

SAID

PROPERTY

CONVEYED

TO

POLK COUNTY,

FLORIDA

BY

THAT

CERTAIN

QUIT

CLAIM

DEED

AS

RECORDED

IN

O.R.

BOOK

781,

PAGE

713

PUBLIC

RECORDS

OF

POLK

COUNTY,

FLORIDA.

AND

THE

NORTH½

OF

TRACTS

15

AND

16

IN

THE

SOUTHEAST¼

OF

SECTION

05,

TOWNSHIP

27

SOUTH,

RANGE

27

EAST,

POLK

COUNTY,

FLORIDA

OF

"FLORIDA

DEVELOPMENT

COMPANY

TRACT,"

ACCORDING

TO

THE

MAP

OR

PLAT

THEREOF

AS

RECORDED

IN

PLAT

BOOK

03,

PAGES

60-63

PUBLIC

RECORDS

OF

POLK COUNTY, FLORIDA, LESS AND EXCEPT	THAT	
COUNTY, FLORIDA BY THAT CERTAIN QUIT CLAIM	

PORTION OF SAID PROPERTY CONVEYED TO POLK DEED AS RECORDED IN D.R. BOOK 781, PAGE 715

PUBLIC

RECORDS

OF

POLK

COUNTY,

FLORIDA.

ALL. ALSO

BEING

DESCRIBED

AS

BEGIN

AT

THE

NORTHEAST

CORNER

OF

SAID

TRACT

12

AND

RUN

THENCE

ALONG

THE

EAST

LINE

THEREOF, S-00'39'44"-E,650.29	
SOUTH LINE OF SAID TRACTS	12,	

FEET TO THE SOUTHEAST CORNER THEREOF; THENCE ALONG	THE		
13, 14, 15	AND 16	•W, 1628.90	FEET TO A POINT	ON THE		
		N-B9"20'55"				

EAST

RIGHT-OF-WAY

LINE

OF

HOLLY

HILL

ROAD,

PER

O.R.

BOOK

781,

PAGE

713

PUBLIC

RECORDS

OF

POLK COUNTY, FLORIDA; THENCE ALONG THE EAST RIGHT-OF-WAY

ALONG SAID EAST RIGHT-OF-WAY LINE, AND THEN CONTINUING		
OF HOLLY Hill ROAD, PER O,R, BOOK 781, PAGE 715	PUBLIC	RECORDS		

	1	26"-W,		
OF POLK COUNTY, FLORIDA N-00°29			
TRACT 16;	THENCE ALONG THE NORTH LINE		

643,68	FEET TO A POINT ON THE NORTH	LINE OF SAID	
		-E,	
OF SAID TRACTS 16, 15, 14, 13 AND 12, 5-89°34'47"	

1626,84

FEET

TO

THE

POINT

OF

BEGINNING,

PROPERTY

DESCRIBED

CONTAINS:

24,17

ACRES,

MORE

OR

LESS.

-

-

Q•n;:oJl'.f;r,,:		~'"	1;£:i~S:-		
	Englneerlng	t925	BARTOW			
					ROAD		
	.,_		LLC	LAKELAND,  Fl. 33801		
DENNIS	WOOD,	PROFESSIONAL	ENGINEER		.com		
EMAIL:	denntswaodenglneerlng@gmoll			

HOLLY HILL	ROAD  EAST -		
COMMUNITY DEVELOPMENT	DISTRICT		
PARCELS  7,	8,  9 AND	10		
				
LEGAL  DESCRIPTION
(NOT A SURVEY)
EXHIBIT A CONSISTS OF TWO (2) PAGES, AND IS NOT COMPLETE WITHOUT BOTH PAGES
PAGE

1

OF

2

APPENDIX

TABLES

10

1APl1>Ef'-JOl~T~B~EJ	Li T	1			
		••	J		
IJ-iO~LY HlLLROAD\EASl[CDP	I	l		
;Dl~TRl~TjLANO	~SE B~Nj:		

! !

-!

!
·I
.. I

f

: L,

!	I		
1	•		
I			

,:MA$TJ=R

A.S$E$SIVIENJ.

ETHODQLO$Y

~EP_ORT

Development Phase

Phase 1

Phase 2

Total

Estimated Start Date

2017 2018

Estimated	Number of Single-	
Completion Date	Family Lots	

2018	204	
2019	199	
	403	

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

l!APPE""D(YTABLE2,.,..f'.,.,:,	1	·b		1	1			
	1--:			. 1	••!			
	,:	- ,	.	l	I	·.:		
!HO!-LY HiLL~QAD[EA~T\'CD		i				
1								
ic1~ to~T!EsTiN1.4r~sl	•·	. I..	,\	..		
IIMA§ljE:R~§§_ESSMENT METHO I  QLO~Y		

'	1	'		
	1			
l:		:		
:	I	: .		
l ·I  I
~EPORT

lnfrastructu_Le. Component

Offsite Improvements

Stormwater Management

Utilities (Water,Sewer, & Street Lighting)

Roadways

Entry Features & Signage

Parks and Amenities

Contingency

Total

Estimated Costs	1		
			
Phase 1		
$120,000		
$2,427,600		
$1,142,400		
$882,300		
$100,000		
$404,963		
$200,000		
$5,277,263		

Estimated Costs	1		
			
Phase2		
$150,000		
$2,368,100		
$1,114,400		
$860,675		
$100,000		
$395,037		
$250,000		
$5,238,212		

Total Estimated

Costs

$270,000 $4,795,700 $2,256,800 $1,742,975 $200,000 $800,000 $450,000

$10,515,475

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

llAPIPEt'JD(~TA.BILE   : L. ! .  l .. i .	I	. ··1·	·•i	l	l		
!Ho~L'tiH!LLRQAD:E=A~Ti~	cop 1   1		.			i		
iES.TIIMATEDI Bd>NIOS !DETAILS	,,' .	I		
IMA$1jER•lo.S$EjlSl,\~Njr mETJJol)dLO ' y ; E.. ()ljtf

	Phase 1 Bonds	Phase 2 Bonds	Total Bonds {all	
Bond Fund	Value (1)	Value (1)	Phases} Value {1)	
Construction/Acquisition Fund	$5,277,263	$5,238,212	$10,515,475	
Debt Service Reserve	$544,849	$538,722	$1,083,571	
Capitalized Interest	$924,950	$914,550	$1,839,500	
Costs of Issuance (Including Underwriter'sFee)	$367,300	$340,700	$708,000	
Contingency	$639	$2,815	$3,454	
Total Bonds Principal	$7,115,000	$7,035,000	$14,150,000	
Bonds Details				
Average Annual Interest Rate:	6.50%	6.50%		
Term (Years):	30	30		
Capitalized Interest (Months):	24	24		
Net Annual Debt Service:	$544,849	$538,722		
Gross Annual Debt Service (2):	$585,859	$579,271		

(1)	The values shown are estimated and subject to change.

(2)	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 3

~~~t~;~~li~1;.~tEA~Tlcob !:f :\ -l.l--1-- \ - 1
rMAXllMUMLBONDS.ASSESSMENliSi·  ...   1
1MA~l1ER-!AS$E$SMEN1J".ll,'IETHOP0:LO$Y~EPO _T  !

		Bonds Max	Bonds Max			
		Princieal Assmt/	Princi12al AssmtJ			
Phase	Planned Lots/ERUs	Category	Unit			
Phase 1	204	$7,115,000	$34,877			
Phase 2	199	$7,035,000	$35,352			
Total, all Phases	403	$14, 150,000				
		Bonds Max Net	Bonds Max Net	Bonds Max Gross	Bonds Max	
		Annual Assmt./	Annual Assmt/	Annual AssmtJ	Gross Annual	
Phase	Planned Lots/ERUs	Category	Unit	Category (1)	Assmt./ Unit (1)	
Phase 1	204	$544,849	$2,671	$585,859	$2,872	
Phase 2	199	$538,722	$2,707	$579,271	$2,911	
Total, all Phases	403	$1,083,571		$1,165,130		

(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

EXHIBIT B

FISHKIND

&

ASSOCIATES

SUPPLEMENTAL ASSESSMENT METHODOLOGY REPORT

HOLLY HILL ROAD EAST COMMUNITY DEVELOPMENT DISTRICT

October

19, 2017

Prepared for:

Members
Holly Hill

of the Board of Supervisors,
Road East Community Development District

Prepared by:			
Fishkind & Associates,	Inc.		
			
12051 Corporate Boulevard		
Orlando, Florida 32817			

SUPPLEMENTAL ASSESSMENT	METHODOLOGY REPORT		
		DEVELOPMENT DISTRICT		
HOLLY HILL ROAD EAST COMMUNITY			
			
October 19, 2017		

1.0	Introduction

1.1	Purpose

This "Supplemental Assessment Methodology Report," dated October	19,		
	the		
2017 ("Supplemental Report") operates		pursuant	to	the provisions	of			
				dated  September		20,	2017		
"Master Assessment Methodology											
	Report.''									of		
("Methodology")	.	The Methodology	provides a system for the allocation			
									the repayment	of bond		
											securing				
non"ad valorem special assessments						
									
debt  planned	to		be	issued	by	the	Holly  Hill  Road  East  Community		
													public	infrastructure		
									to	fund	beneficial				
Development	District	("District")							
																	
				This  Supplemental  Report  applies  the		
improvements		and	facilities.			
											planned Special	Assessment		

Methodology to the	details of the District's											
																						
Revenue Bonds, Series 2017 ("Series 2017 Bonds").										
The Methodology applied herein has two goals: (1) quantifying	the special		
				of	the		
benefits  received		by	properties	within		the  District	as  a	result				
installation	of	the		District'simprovements and facilities, and (2) equitably		
								by the District to provide these benefits	to		
allocating	the	costs	incurred				
							
properties	in	the	District.	The	District	plans	to	implement		a	capital		
													of		
																						
improvement  program  ("CIP")  that  will  allow  for  the  development			
			
property within the	District.	The	District plans to fund the majority of its		
GIP through bond debt financing.	This bond debt, including		the	Series		
									
2017 Bonds, will		be repaid from	the proceeds of non-ad valorem special		
											.  These special		

												Board of Supervisors									
assessments levied by the District's																
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		
												
										and	is		
								to	special	assessments				
of	the  Florida	Statutes  with  respect								
																on	this subject.					
consistent with our understanding of the case law							

1.2

Background																
The District includes approximately 97.22 gross acres of property	within its		
			
boundaries.	The	District is generally	located to the south	of Forest Lake		

		east of Holly Hill Road within the City of Davenport,		
Drive and to		the			
						is expected to contain	approximately 403		
		-out, the District				
									
Florida.  At build						and	recreation areas,	and related		
single-family lots, landscaping, common					
		District is found	in	Table 1 (all		
infrastructure.	The	land	use plan for the					

						.								
																
tables are found in the attached Appendix)								

1.3

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

1.4	Requirements of a Valid Assessment Methodology

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

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		
									in		approving	special	assessments.		
District's Board		of			Supervisors,									
																	of		
								that		the	mathematical		periection			
Indeed,  Florida	courts	have		found									
calculating special	benefit	is	likely		impossible.		Only	if	the District'sBoard		
																its		
																										
						capricious, or grossly unfair fashion would			
was	to act	in	an	arbitrary,				

assessment methods	be overturned.																				
																												
Special Benefits	and General Benefits																		
																																
The new infrastructure improvements included	In	the ClP create	both: (1)		
							
							to	properties		
special  benefits	to		the  District and		(2)		general  benefits					
											discussed	below, these general benefits		
outside the District.		However, as				
										from the	special		
														distinguishable				
are	incidental	In	nature and		are	readily						
										CIP	described		in the	District		
benefits which	accrue	to the	District.		The							
																to								.	Without the CIP,		
																														
Engineer'sReport enables the District			be developed									
there would	be	no infrastructure to	support development of the District.			
There is no	doubt		that the general	public,		and	property	owners outside the		
																	
														However, these benefits		
																								
District, will benefit from the provision of the CIP.			
are	incidental	to	the		CIP, which is designed	solely	to	meet the	needs of		
													
											upon the	CIP	to		
																do	not depend					
the	District.		Lands		outside		the District								
										development entitlements.	This	fact alone		
obtain, or to	maintain, their						
										
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		
							bonds to fund these costs, with		
$10,515,475.		The	District plans to	issue			
												of					.		

total  District	bond		principal		estimated		at	a maximum		$14,150,000		
																	
There  are	96.48		assessable  acres within  the  District.   Therefore,  the		
										acre In the District is $146,663	on	a financed		
average cost per assessable					
							County Property Appraiser ("PN),		
basis.  According		to		data from the Polk			
										currently averages $20,795		
					of the land in	the District			
the fair market value					
			immediately below, the total		
	as illustrated in the table			
per acre.  Therefore,				
						implemented	is		
																							
cost  of  the  land  with  the  proposed  improvements				
									
estimated at approximately $167,457 per acre.													

3

Demonstration

Category

of

Special Benefit for

Properties

in

the District

Amount

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

GIP

$14,150,000 96 $146,663 $20,795

Total

Cost

of

Improved Land per Acre

$167,457

Est. Avg. Value of Finished	Home and Lot		

Value of Lot@25%			
Density/Assessable Acre		
Est. Value of Finished	Lots/Land per Acre		

$200,000 $50,000 4.18 $208,852

Net

Benefit per Acre from COD Improvements

$41,394

*Average of the 2017 Property Appraiser.

values

of

all

assessable

District

land

provided

by

the

Polk

County

Based  on  the  land		development  plan,  and  market  research  by  the		
			the  estimated  average  value  for  a		
District's Financial  Advisor  ("FA"),			
single-family home to be developed	in the District is $200,000.	The typical		
					
	of a new home and its finished lot is		
relationship between	the total price			
				is expected to have a retail		
25%.  So, the average home lot in the District			
							
value of $50,000.										
The land use plan anticipates a gross residential density	of 4.18 units per		
						
assessable acre.  Therefore, the average value per acre for properties		
developed  into  residential  lots  is  $208,852.   Thus,  the  estimated  net		
special  benefit to  District lands averages  $41,394 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					

2.0

CIP

Plan

of

Finance

2.1

Phased Infrastructure Installation										
The District will  install its	public Infrastructure	and improvements	on  a		
			"Holly	Hill	Road	East		
phased basis,  as  outlined	in  more	detail in	the						
										
					Report	for	Capital		
Community   Development	District	Engineer's					
					Report"), as prepared		
Improvements", dated September 2017 ("Engineer's						

4

2.3

by Dennis Wood Engineering,	LLC											.	As outlined	in	the		
		("District Engineer")		necessary to		
Engineer'sReport, the	District will install the	infrastructure			
			infrastructure		
serve the lands within both Phases 1 and	2.	The		District			
											benefit		
and	improvements for Phase 1	are	designed to serve and specially			
						and		
the	lands	within	Phase	1.			Similarly,	the	District	infrastructure			
													
															specially benefit	the		
														to	serve and				
improvements for Phase	2 are designed						
							
												Phase 1	and 2 District		
lands within Phase	2.		The estimated costs of the					
																costs for the District's		
infrastructure	and improvements (and the estimated			
												
entire CIP) are	presented	in Table 2.																		
Bond Requirements																									
The	District intends	to	finance the majority of its		GIP by issuing	bonds.		
										
							several series,	as development	progresses		
These bonds will	be issued in					
						2017		
within	the	District.	The	District'sfirst	bond	issuance,	the	Series			
												
								1 District infrastructure	and		
										the	Phase				
Bonds, will help fund	the costs of						
							
															will		
														and	improvements			
improvements.	The Phase 1 District infrastructure					
						
							Similarly,	the		
be assessed solely	to properties located within Phase 1.				
								improvements	will be assessed solely		
Phase 2 District infrastructure	and				
															
						A	number		of component funds		
to  properties	located		within	Phase	2.							
comprise	the		total	principal	of	the	bonds	to	be		issued  by the District.		
														not  limited		to	acquisition	and		
These	funds		may		include		but	are								
																
											a	debt	service			reserve,	underwriter's		
construction,	capitalized	interest,									
discount,	and	issuance	costs.	The	sizing	of the	Series	2017		Bonds		
													
						District	infrastructure	and		
issuance	required	to	fund		the	Phase	1					

																											
improvements	is	found	in	Table	3.																			

3.0

3.1

Assessment Methodology											
Assessment Foundation											
The assessment methodology	associated with the allocation	of the costs		
					
of the GIP	is a four-step	process.  First, the District Engineer determines		
								and  related			.		
																
the  costs	for	the	District's infrastructure		improvements		
					to	finance	the		
								of	bonds required					
Second,  an	estimate  of	the amount							
									
Infrastructure	improvements is	calculated.	Third, the  District Engineer		
outlines  which  parcels	benefit	from	the	provision  of  each  phase  of		
									
				Finally, the as-financed  costs of the		
infrastructure		and	improvements.			
									are allocated to	the benefiting		
infrastructure		and	related improvements				

5

properties based on	the approximate	relative benefit each unit receives	
expressed by that unit'sEquivalent Residential Unit ("ERU") Factor.	

as

In	allocating	special	assessments	to		benefiting	property,	Florida		
												to,		
governments have used a variety of methods including, but not limited			
			
front footage, area, trip rates, equivalent residential units, dwelling	units,		
					
and	acreage.	Fishkind	has	determined that	an assessment methodology		
											values is		.		These		
based on equivalent	residential unit ("ERU")		appropriate						
											
	the benefit received  by a stated  amount of such		
ERU  values  equate			
							received by a typical single-		
particular land	use	category to the benefit			
				estimate the benefit	derived		
family residence.	The	use	of ERU	values	to				
									and		
					recognized  as	a simple,  fair,			
from  infrastructure	improvements	is					
								
									ERU values are a commonly		
reasonable method for apportioning benefit.				
				in	Florida.		
accepted method for calculating special benefit assessments				
		single-		
Here, Fishkind has chosen	to assign an ERU value of 1.0 to each			

family lot.																			

3.2	Allocation of Specific Assessments

The GIP cost estimates	are outlined	in Table 2 and described	in	detail	in		
							
			.		The Series 2017	Bonds issuance required	to fund		
										
the Engineer'sReport						calculated	and	is		shown	in		
the Phase	1 Infrastructure	costs has been								
					debt		service		
Table	3.	The	bonds	principal	and	related	annual					
															
													among the		
				to Phase 1 will then be	equally divided			
assessments assigned					
				shown	in		
						these assessments				
number of lots platted	within Phase	1, with					
									
					within a phase is platted,		
			important as the	land			
Table 4.  Table 4 becomes					
										to  the		
					will	be	assigned				
as  specific  bond  debt  service  assessments							
												
Individual Development Units within the relevant phases at this time.			

3.3

Assignment of Specific Assessments									
Assessments  securing	bonds	issued  to  fund	Phase	1	properties  will		
									basis.		
		1 properties on	an equal per-acre			
Initially be assigned to	Phase					
						
The Series 2017 Bond assessments for this phase will then	be	equally		
		platted.		
divided among the lots within such phase, as property	is	initially			
							
The final assignment of bond debt to a specific	lot does not take place		
								
until the land containing that lot is platted.									

3.4

True-Up Mechanism

6

						that the			bond debt will not build	up	on	the		
In order	to ensure			District's													apply a		
												District shall		periodically			
unplatted	land	within	each	phase,	the						
"true-up"	test.	Initially,	the	Series  2017	Bonds	assessments	shall		be		
																						
										prior	to		platting,	be allocated		
allocated Phase 1.			This	bonds debt shall,							
											within Phase 1.		As		
								developable acres					
equally to each of the undeveloped						
													
									reduction payments		
property within Phase	1	is platted, "true-up" or density			
					assessments		
				upon the  amount	of bond	debt				
may become due	based								
															3,	it		is		
												as	outlined In	Table						
initially assigned to		phase.		For example,									
										allocated		to	Phase	1		
estimated that	$4,160,000	in	bonds principal will be							
								to		
at the time of issuance.	This $4,160,000 In	bonds principal	is	expected				
								
			204 lots planned for Phase	1 at the time	Phase		
be allocated equally	to the					
									
1 is	platted.	However,	should it happen at the time of platting that only		
									the owner of Phase	1	at the time		
203	lots have been identified	in the plat,					
													
										to the District equal		
of platting will be required		to	make a true-up payment			
						single-family		
						assigned	to	one				
to	the	bonds	principal		assessment							
									be  applied	at	the		
residence.	The  bonds  principal	true-up	test	shall					
											
								and	100%		of	the		
completion	of	the			platting	of  50%,	75%,	90%,								
								It	is	the	responsibility	of	the		
developable	acreage	within		such	phase.								
															
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		
											has		
for which true-up payments are due until provision for such payment			
					
been satisfactorily made.   The true-up thresholds for the lands within		
Phases 1 are found		in the table below.																			
				Series 2017 Bonds True-Up Thresholds											

Category		
Ph. 1	Developed Acres	
Ph. 1	Undev. Acres		
Debt	per Undev. Ph. 1	Acre	

50% 21.8 21.8 $95,282

75% 32.7 10.9 $95,282

90% 39.3 4.4 $95,282

100% 43.7 0.0 $95,282

In the event that additional	land not currently	subject	to the assessments		
			developed in such a		
			CIP is			
required	to repay the debt associated with the				
manner	as to receive	special benefit from	the	CIP, it	is contemplated	that		
								
							parcels.  The		
		be re"applied to include such new			
this Methodology	will				
						
			of applying this Methodology,	will be allocated		
additional land, as	a result				

7

an appropriate share parcels will receive a

of the special assessments,	while all then~assessed		
		levels.		
relative adjustment	in their assessment			

4.0	Series 2017 Bonds Assessment Roll

The  table  below  outlines  the  Series  2017  Bonds  assessments	per		
			
developable acre for the lands	within Phase 1.  As this property is platted,		
		3.2, above.			
assessments will be refined as outlined in Section				
				
Serles 2017 Bonds Assessment Roll			

~ 1

Parcel ID

272704722000040130

Acres

19.64

Bond	Bond	
Principal	Annual (1)	
$1,871,333	$127,967	

1

1 Totals

272704722000040170	19.06	$1,816,070	$124,188	
272704722000040190	4.96	$472,597	$32,318	
	43.66	$4,160,000	$284,472	

(1) Values include a 7.0% gross-up to fees and costs of collection charged by

account for the	statutory	early-payment discount	
the county property appraiser and tax collector.	

and the

B

APPENDIX

TABLES

g

APPcNDIX TABLE 1

HOLLV HILL ROAD EAST CDD
PHASE 1 LAND USE PLAN		
SUPPLEMENTAL ASSESSMENT	METHODOLOGY		

REPORT

DQ!!crlptlon

Phase 1

Estimated Start Date

2017

Estimated

Completion Date

2018

1134.020619

Number of Planned

Single-Family Lotjl

204

Supplemental

Assmt.

MelhodoloQy

Flshklnd

and

Associates,

Inc.

Appendix Table 1

APPENDIX TABLE 2

HOLLY HILL ROAD EAST CDO
ESTIMATED INFRASTRUCTURE	COSTS	
SUPPLEMENTAL ASSESSMENT METHODOLOGY REPORT	

Public Infrastructure Component

Offslte Improvements

Stonnwater Management

Ulinlles (Water,Sewer, & Street Lighting)

Roadways

Entry Features & Signage

Parks and Amenities

Contingency

Total

Estimated Costs,

Phase 1

$120,000 $2,427,600 $1,142,400 $882,300 $100,000 $404,963 $200,000

$5,277,263

Supplemental Assmt. Methodology	Flshklnd and Associates, Inc.		

Appendix

Table

2

APPENDIX TABLE 3	COD		
HOLLY HILL ROAD EAST			
			
ESTIMATED SERIES 2017 BONDS DETAILS SUPPLEMENTAL ASSESSMENT METHODOLOGY REPORT

Serles 2017 Bonds Fund

Conetructlon/Acqulsitlon Fund

Orlglnal Issue Discount

Debt Service Reserve

Capltallzed Interest

Costs of Issuance (Including Underwriter'sFee)

Contingency

Total Bonds Principal

Bonds Dotalls			
Average Annual Interest Rate:		
Term (Years):			
Capltellzed Interest Through:		
Net Annual Debt Service:			
Gross Annual Debt Service	(1):		

Serles 2017 Bonds

Value

$3,680,000 $13,423 $132,280 $92,494 $241,500 ~

$4,160,000

4.84% 30 May 1, 2018 $264,559 $284,472

(1)

Values

Include

a

7.0%

gross-up

lo

account

for

the

slalulory

early-payment

discount

and

the

fees

and

costs

of

collec1Ion

charged

by

the

county

property

appraiser

end

lax

collector,

Supplemental Assmt.

Melhodolo9y

Fishklnd

and

Associates,

Inc.

Appendix

Table

3

APPENDIX TABLE 4

HOLLY HILL ROAD EASTCDD
SERIES 2017 BONDS ASSESSMENTS	REPORT		
SUPPLEMENTAL ASSESSMENT METHODOLOGY			

Description	Planned Lots/ERUs		
Phase 1	204		

Bonds Max

Principal Assmt.t

gatpgory $4,160,000

Bonds Mex

Principal AssmU
!!!ill

$20,392.16

Description

Phase 1

Planned

Lots/ERUs

204

Bonds Max Net

Annual Assmtt
Category

$264,559

Bonds Max Net	Bonds Max Gross	
Annual Assmtl	Annual Assmtt	
!Jnll	Category (1)	
$1,296.86	$284,472	

Bonds Max
Gross Annual
Assmtl Unit 111

$1,394.47

(

1)

Valuea

Include

e 7 .0%

gross-up

lo

account

for

!he

statutory

earty.peyment

discount

and

the

rees

end

costs

of

collection

enarged

by

the

county

property

appraiser

and

tax

collector.

Supplemental

Assmt.

Methodology

Flshklnd

and

Associates,

Inc.

Appendix Table 4

EXHIBIT C

EXHIBITD

BOND DEBT SERVICE

Holly

Hill

Road

East

COD

Special

Assessment

Bonds,

Series

2017

Period	Principal		Total Bond		Calendar Year		
Ending	Payment	Coupon	Interest	Debt Service	Debt Service		
5/1/2018			96,796.25	96,796.25			
11/1/2018			96,796.25	96,796.25	193,592.50		
5/1/2019	70,000.00	3.500%	93,310.63	163,310.63			
11/1/2019			96,360.63	96,360.63	259,671.25		
5/1/2020	70,000.00	3.500%	96,360.63	166,360.63			
11/1/2020			94,085.63	94,085.63	260,446.25		
5/1/2021	70,000.00	3.500%	94,085.63	164,085.63			
11/1/2021			91,810.63	91,810.63	255,896.25		
5/1/2022	70,000.00	3.500%	91,810.63	161,810.63			
11/1/2022			89,535.63	89,535.63	251,346.25		
5/1/2023	75,000.00	3.500%	89,535.63	164,535.63			
11/1/2023			87,098.13	87,098.13	251,633.75		
5/1/2024	85,000.00	4.100%	87,098.13	172,098.13			
11/1/2024			85,355.63	85,355.63	257,453.75		
5/1/2025	85,000.00	4.100%	85,355.63	170,355.63			
11/1/2025			83,613.13	83,613.13	253,968.75		
5/1/2026	85,000.00	4.100%	83,613.13	168,613.13			
11/1/2026			81,870.63	81,870.63	250,483.75		
5/1/2027	90,000.00	4.100%	81,870.63	171,870.63			
11/1/2027			80,025.63	80,025.63	251,896.25		
5/1/2028	95,000.00	4.100%	80,025.63	175,025.63			
11/1/2028			78,078.13	78,078.13	253,103.75		
5/1/2029	105,000.00	4.625%	78,078.13	183,078.13			
11/1/2029			75,650.00	75,650.00	258,728.13		
5/1/2030	100,000.00	4.625%	75,650.00	175,650.00			
11/1/2030			73,337.50	73,337.50	248,987.50		
5/1/2031	105,000.00	4.625%	73,337.50	178,337.50			
11/1/2031			70,909.38	70,909.38	249,246.88		
5/1/2032	110,000.00	4.625%	70,909.38	180,909.38			
11/1/2032			68,365.63	68,365.63	249,275.00		
5/1/2033	120,000.00	4.625%	68,365.63	188,365.63			
11/1/2033			65,590.63	65,590.63	253,956.25		
5/1/2034	125,000.00	4.625%	65,590.63	190,590.63			
11/1/2034			62,700.00	62,700.00	253,290.63		
5/1/2035	130,000.00	4.625%	62,700.00	192,700.00			
11/1/2035			59,693.75	59,693.75	252,393.75		
5/1/2036	135,000.00	4.625%	59,693.75	194,693.75	251,265.63		
11/1/2036			56,571.88	56,571.88			
5/1/2037	145,000.00	4.625%	56,571.88	201,571.88			
11/1/2037			53,218.75	53,218.75	254,790.63		
5/1/2038	150,000.00	4.625%	53,218.75	203,218.75			
11/1/2038			49,750.00	49,750.00	252,968.75		
5/1/2039	160,000.00	5.000%	49,750.00	209,750.00			
11/1/2039			49,750.00	49,750.00	259,500.00		
5/1/2040	165,000.00	5.000%	45,750.00	210,750.00			
11/1/2040			45,750.00	45,750.00	256,500.00		
5/1/2041	175,000.00	5.000%	41,625.00	216,625.00			
11/1/2041			41,625.00	41,625.00	258,250.00		

		BOND DEBT SERVICE			
		Holly Hill Road East COD			
	Special Assessment Bonds, Series 2017		
Period	Principal		Total Bond		Calendar Year	
Ending	Payment	Coupon	Interest	Debt SeNice	Debt SeNice	
5/1/2042	185,000.00	5.000%	37,250.00	222,250.00		
11/1/2042			37,250.00	37,250.00	259,500.00	
5/1/2043	195,000.00	5.000%	32,625.00	227,625.00		
11/1/2043			32,625.00	32,625.00	260,250.00	
5/1/2044	200,000.00	5.000%	27,750.00	227,750.00		
11/1/2044			27,750.00	27,750.00	255,500.00	
5/1/1945	210,000.00	5.000%	22,750.00	232,750.00		
11/1/2045			22,750.00	22,750.00	255,500.00	
5/1/2046	220,000.00	5.000%	17,500.00	237,500.00		
11/1/2046			17,500.00	17,500.00	255,000.00	
5/1/2047	235,000.00	5.000%	12,000.00	247,000.00		
11/1/2048			12,000.00	12,000.00	259,000.00	
5/1/2048	245,000.00	5.000%	6,125.00	251,125.00		
	4,010,000.00		3,686,145.63	6,786,145.63	6,558,395.63	

Holly

Hill

Road East

Community

Development District

Resolution 2018-10

			RESOLUTION 2018-10					
A	RESOLUTION   AUTHORIZING   DISTRICT   PROJECTS   FOR			
CONSTRUCTION  AND/OR  ACQUISITION  OF  INFRASTRUCTURE			
IMPROVEMENTS;  EQUALIZING,  APPROVING,  CONFIRMING,  AND			
LEVYING  SPECIAL  ASSESSMENTS  ON  PROPERTY  SPECIALLY			
BENEFITTED BY SUCH PROJECTS TO PAY THE COST THEREOF;			
PROVIDING FOR THE PAYMENT AND THE COLLECTION OF SUCH			
SPECIAL  ASSESSMENTS  BY  THE  METHODS  PROVIDED  FOR  BY			
CHAPTERS   170,   190  AND   197,  FLORIDA  STATUTES;   MAKING			
PROVISIONS    FOR   TRANSFERS	OF    REAL    PROPERTY   TO			
GOVERNMENTAL BODIES; PROVIDING FOR THE RECORDING OF			
AN   ASSESSMENT   NOTICE;   PROVIDING   FOR   SEVERABILITY,			
CONFLICTS AND AN EFFECTIVE DATE.						
			RECITALS						
WHEREAS, the Holly Hill Road East Community Development District (the "District")		
previously indicated its intention	to construct certain types	of infrastructure	improvements and to		
				be		
					of bonds, which bonds would			
finance such infrastructure improvements through the issuance				
				
repaid by the imposition of special	assessments on benefited property within the District; and			

WHEREAS, the District's	Board of		
			
public  hearing  pursuant	to  Chapters  170,		
				
imposition, levy, collection and enforcement		

Supervisors (the "Board") noticed 190 and 197, Florida Statutes,
of the assessments; and

and conducted a relating to the

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE HOLLY HILL ROAD EAST COMMUNITY DEVELOPMENT
DISTRICT AS FOLLOWS:

	SECTION 1.  AUTHORITY	FOR THIS RESOLUTION.		
			Florida Statutes, including		
pursuant to Chapters  170, 190 and 197,			
170.08,	Florida Statutes.				

This Resolution is adopted without limitation, Section

SECTION 2.  DISTRICT AUTHORITY AND PREVIOUS ACTIONS.				
(a)	The	District	is	a	local  unit	of  special	purpose	government  established	by		
							of the City of Davenport, Florida,	as		
Ordinance No. 814	of the Board	of City Commissioners				
amended by	Ordinance No.		841	expanding	the  District's  original boundaries  (the "Original		
District Lands") to	incorporate	additional acreage (the "Expansion	Area"), all pursuant to	the		

Chapter 190, Florida Statutes,	as amended.									
												
(b)	Prior	to the expansion of the Original District Lands,	the District, after notice and		
			adopted Resolution	2017-32		
public hearing and pursuant		to	Section 170.08, Florida Statutes,				
								
authorizing	the  capital  improvement plan ("Original Improvement Plan")  described  in that		
ce1iain Engineer's Report	for  Capital Improvements	dated June 2017 (the "Original Master		

1

Engineer's  Report"),  equalizing  and  levying  special	assessments  to  defray the  costs  of the		
Original Improvement Plan, and levying a master assessment	lien over all of	the Original District		
					Master Assessment		
Lands  (the	"Original Master Lien"),  as further described in that certain			
Methodology Report dated September 20, 2017 (the	"Original Master Assessment	Report").			
					
(c)	In  order to  reflect the  amendment	to	the  District's  boundaries  to  include  the		
															
Expansion Area and additional infrastructure associated with the Expansion Area, the District's		
Board has  determined to  amend  and restate	its	Original	Improvement Plan pursuant to  that		
									dated March 21,		
certain Amended and Restated Engineer's Report	for	Capital Improvements			
2018  (the	"Amended  Master  Engineer's	Report")	(attached	as  Exhibit  A  hereto  and		
incorporated  herein  by  this  reference),  and  modify  the  Original  Master  Lien  levied  on  the		
District's Phase 2 &  3 lands, including the Expansion Area (the	"Phase 2	& 3 Assessment		
Area"), as	identified in the assessment roll set forth in that certain Amended	and Restated Master		
Assessment Methodology Report dated March 21,	2018	(the "Amended	Master Assessment		
Report" attached hereto as Exhibit Band incorporated	herein by this reference).				
													
(d)	Pursuant  to  this  Resolution  and	the  Amended  Master  Assessment  Report		
presented herein, a new master assessment	lien	("Amended Master Lien")	will be equalized,		
			& 3 Assessment	Area, all as specified in the		
approved, confirmed and levied on the Phase 2				
Amended Master Assessment Report, which Amended Master Lien will be levied on the terms		
and conditions set forth in this Resolution and the attachments hereto and will modify and amend		
the Original Master Lien only with respect to the Phase 2	&	3 Assessment Area as set forth		
herein.																		
(e)	The  Original  Master  Lien levied	on the	Phase	1 lands  within the  District,	as		
identified in the assessment roll set fmih in the Amended	Master Assessment Report (the "Phase		
1 Assessment Area"), shall remain unaffected	by this Resolution and is hereby ratified and shall		
remain in full force and effect and secured by the valid and existing assessment liens established		
by the District.																	

SECTION 3.  FINDINGS.

The Board hereby finds and determines as follows:

(a)   The District is a local unit of special-purpose	government organized and existing		
						
under and pursuant to Chapter 190, Florida Statutes,	as amended.					
							
(b)  The District is authorized by Chapter 190, Florida Statutes,	to	finance, fund, plan,		
establish,  acquire,  install,  equip,  operate,  extend,  construct,  or  reconstruct  roadways,  water		
facilities,  sewer  facilities,  reclaimed  water  facilities,  stormwater  management  and  control		
facilities,  electrical  facilities,  landscaping,  irrigation  and  hardscaping  in  certain  roadways,		
conservation  mitigation,  and  other  infrastructure  projects  and  services  necessitated  by  the		
development of, and serving lands within, the District, together the "Improvements."			
(c)   The District is  authorized by Chapter	190, Florida Statutes,	to  levy and impose		
				projects and services		
special assessments to pay all, or any paii of, the cost of such infrastructure			
		in		
and to  issue special assessment bonds payable	from such special assessments as provided			

Chapters 170, 190 and 197, Florida Statutes.								

2

(d)  It is necessary	to	the public	health, safety and welfare	and in the best interests of the		
									was		
					the nature and location of which			
District that (i) the District provide the "Total Project,"				
					
initially  described  in  Resolution  2018-06  and  is  shown  in  the  Amended  Master  Engineer's		
Report,  and which the Total Project's plans and specifications are on file at 12051  Corporate		
Boulevard, Orlando, Florida	32817	("District Records Offices")	and the District's	local office;		
								
			be assessed against the lands specially benefited by such Total		
(ii) the cost of such Total Project			
Project; and (iii) the District issue bonds to provide funds for such purposes pending the receipt		
of such special assessments.																		
(e)  The provision	of	said Total Project, the levying of	such Assessments	(hereinafter		
defined)  and the sale and issuance	of	such bonds serves a proper,	essential,  and valid public		
										
					and residents.					
purpose and is in the best interests of the District, its landowners,						
										
(f)  In order	to provide funds with which to pay all or a portion of	the costs	of the Total		
Project which are to	be assessed	against the benefitted properties,	pending the collection of	such		
											
Assessments,  it is  necessary	for  the  District from time to  time to  sell and  issue  its  Special		
					.											
																				
Assessment Bonds, in one or more series (the "Bonds")											
(g)  By Resolution 2018-06, the Board determined to provide the Total Project and to		
defray the costs thereof by making Assessments on benefited property and expressed an intention		
to issue Bonds, notes or other specific	financing mechanisms to provide	a portion of the funds		
			Resolution 2018-06		
		of such Assessments.			
needed for the Total Project	prior to the collection				
								
						Section 170.03,	Florida Statutes, and prior		
was adopted in compliance	with the requirements of				
to the time it was adopted,	the requirements of Section 170.04, Florida Statutes, had been met.			
																			
(h)   As  directed  by	Resolution  2018-06,  said  Resolution	2018-06  was  published	as		
required  by  Section  170.05,	Florida	Statutes,  and  a	copy	of the  publisher's  affidavit	of		
				of the Board.												
publication is on file with the Secretary													

filed

(i) with

As directed by Resolution 2018-06, a		
the Board as	required by Section	170.06,		

preliminary assessment roll was adopted and Florida Statutes.

(j)  As required by Section 170.07, Florida Statutes,	upon completion of the preliminary		
assessment roll, the Board adopted Resolution 2018-07 fixing	the time and place of a public		
hearing at which owners of the property	to be assessed and other persons interested therein may		
	to (i) the propriety and advisability of the infrastructure		
appear before the Board and be heard as			
improvements, (ii) the cost thereof,	(iii) the manner of payment	therefore, and (iv) the amount		
				
thereof to  be  assessed against	each specially benefitted property or parcel,  and provided for		
			hearing and individual mailed notice in accordance with		
publication of notice of such public			
							
Chapters 170, 190 and 197, Florida	Statutes.					

(k) Notice by Section 170.07, in the office of the

of such public hearing was given by publication	and		
			
Florida Statutes.	Affidavits	as	to such publications		
Secretary of the Board.					

also and

by mail mailings

as required are on file

3

(1)	On May 16, 2018, at the time and place specified in the resolutionnoticeand	refe1Ted		
				
to in paragraph (k) above,	the Board met as an Equalization Board, conduct such public hearing,		
and heard and considered all complaints and testimony as to the matters described in paragraph		
(i) above.  The Board has made such modifications in the preliminary assessment roll as it deems		
necessary, just, and right in the making	of	the final assessment roll.								
															
(m)	Having considered the estimated		costs of the Total Project, estimates	of financing		
costs, and all comments, complaints, and evidence presented at such public hearing, the Board		
further finds and determines:															
	(i)	that the total estimated	cost	of the Total Project is as specified	in the		
													Engineer's		
	Amended Master Engineer's Report, which Amended Master			
		such costs		
	Rep01i is hereby adopted and approved,	and that the amount of			
										
	is reasonable and proper;														
	(ii)	it is reasonable, proper,	just and right to assess the cost of	such Total		
				within the Phase 2  &	3 Assessment	Area		
	Project against the properties					
						
								by the Board set		
	specially benefited thereby using the method dete1mined			
			results  in  the		
	forth  in the  Amended  Master  Assessment  Repmi,  which			
						
	special assessments set	fmih on the final assessment	roll included within		
									
	such Exhibit B (the "Assessments") and the Amended Master Lien; and		
	(iii)	the Amended Master Assessment Report is hereby approved, adopted		
	and confirmed.  The District	ratifies its use in connection	with the issuance		

	of the Bonds; and															
	(iv)	it is hereby declared that the Total Project will constitute a special		
	benefit to the parcels of real prope1iy	listed on said final assessment roll		
				will be equal to or in		
	and that the benefit, in the case	of each such parcel,			
							in Exhibit		
	excess of the Assessments thereon when allocated as set forth			
	B; and																

(v)	it is in the best interests	of the District that the Assessments		
				
and collected as herein provided; and		

be

paid

(vi)	it is reasonable, proper,	just	and right for	the District	to	utilize the		
							Rep01i		
						contained	in the Assessment			
true-up mechanisms and calculations					
					
						from the Total		
in order to ensure that all parcels	of real property benefiting			
							
Project are assessed accordingly and that sufficient assessment receipts are		
being generated in order to pay the conesponding	bond debt-service when		
									
due.																			
SECTION	4.	AUTHORIZATION	OF DISTRICT PROJECT.		That certain Total		
								
Project  for  construction of infrastructure	improvements  initially  described  in  Resolution No.		
									A attached hereto, is hereby		
2018-06, and more specifically	identified and described in Exhibit			
			agents	of the District are		
														
authorized and approved and the proper officers,  employees and/or				

4

hereby authorized and directed to take such further action as may be necessary or desirable to cause the same to be made.

of the are set

SECTION 5.  ESTIMATED	COST OF IMPROVEMENTS	.	The total estimated costs		
					
Total Project and the costs to be paid by Assessments on all specially benefited property		
f01ih in Exhibits A and B, respectively, hereto.				

SECTION 6.	EQUALIZATION,	APPROVAL, CONFIRMATION AND LEVY OF		
															on the parcels		
SPECIAL ASSESSMENTS	.		The Amended Master Lien and the Assessments			
										
specially benefited by the Total Project, all as specified in the final assessment roll set fo1ih in		
Exhibit B, attached hereto, are hereby equalized, approved, confirmed and levied.	Immediately		
following the adoption of	this Resolution	these Assessments, as reflected in Exhibit B, attached		
			of	the Board	of the District	in a special book, to be		
hereto, shall be recorded by the Secretary						
																	
known as the "Improvement Lien Book." The Assessment or assessments against each respective		
parcel shown on such final assessment roll and interest, costs and penalties thereon, as hereafter		
provided, shall be and shall remain a legal, valid and binding first lien on such parcel until paid		
and  such  lien shall be  coequal	with the  lien of all  state,  county,	district,			municipal or	other		
											Prior to the		
			dignity to  all  other liens, titles,  and claims.			
governmental taxes and  superior in				
issuance of any Bonds, including	refunding bonds, the District may, by subsequent resolution,		
	particular  parcel  identification  numbers			listed	on	the  final		
adjust  the  acreage  assigned		to									
assessment  roll  to  reflect	accurate		appo1iionment  of	acreage	within  the	District	amongst		
																				
individual parcel  identification numbers.  The District may make  any other such acreage  and		
boundary adjustments to parcels listed on the final assessment roll as may be necessary in the		
best interests of the District		as determined by the Board by subsequent resolution.  Any such		
																			of law.  In the event		
adjustment in the assessment roll shall be consistent with the requirements				
the issuance of Bonds, including	refunding bonds, by the District would result in a decrease	of		
				
the Assessments, then the District shall by subsequent resolution, adopted within sixty (60) days		
of the sale of such Bonds	at a publicly noticed meeting and without the need for further public		
		decrease  and  amend  the  final  assessment  roll  as  shown  in  the		
hearing,  evidence  such  a			
Improvement Lien Book to reflect such a decrease.																		
SECTION 7.	FINALIZATION	OF SPECIAL ASSESSMENTS	.	When the	entire		
						of the Board,		
																		
Total Project has both been constmcted or otherwise provided to the satisfaction			
													the						actual costs (including		
the Board shall adopt a resolution accepting the same and determining														
financing costs) thereof, as required	by Sections 170.08 and 170.09, Florida Statutes.	Pursuant		
	Florida Statutes, regarding completion		of a project funded		
to the provisions of Section 170.08,					
by a pmiicular series	of bonds,	the District shall credit to each Assessment	the difference,	if any,		
														
													and the prop01iionate part of		
between the Assessment as hereby made, approved and confirmed			
the actual costs of the Total Project,	as finally determined upon completion thereof, but in no		
event  shall  the  final  amount		of	any  such special  assessment  exceed  the  amount  of benefits		
				In		making	such  credits,  no	credit  shall			be  given	for  bond		
originally  assessed  hereunder.												
financing costs,  capitalized			interest,		funded	reserves or bond	discounts.			Such credits,	if any,		
								of	Assessments for the		
shall be entered in the Improvement Lien Book.  Once the final amount				
entire  Total Project has  been  determined, the term "Assessment"  shall,  with respect to  each		
parcel, mean the sum	of the costs	of the Total Project.																		

5

SECTION COLLECTION.

8.

PAYMENT  OF  SPECIAL  ASSESSMENTS  AND  METHOD  OF

(a)	The  Assessments  may  be  paid  in  not  more  than  thiliy  (30)  substantially  equal
consecutive annual installments	of principal and interest.  The Assessments	may be paid in full		
									
															of the Total Project and		
without interest at any time within thiliy (30) days after the completion			
	unless such option has		
the adoption by the Board		of a resolution accepting the Total Project,			
												
				the land subject to the Assessments;	provided, however, that the		
been waived by the owner	of				
					meeting of	the Board,		
Board shall at any time make such adjustments by resolution, at a noticed				
	the District	to account		
to that payment schedule as may be necessary	and in the best interests of				
							
for changes in long and short te1m debt as actually issued by the District. All impact fee credits		
received and/or value received for impact fee credits shall be applied against the Total Project		
costs  and/or the  outstanding	indebtedness  of	any debt issuance	that funded the  improvement		
														
giving rise to the credits which application may be addressed by such resolutions. At any time		
subsequent  to  thirty  (30)  days  after  the  Total  Project  has  been  completed  and  a	resolution		
accepting the Total Project has been adopted by the Board, the Assessments may be prepaid in		
full  including interest amounts to the next succeeding interest payment date	or to the second		
succeeding interest payment	date if such a prepayment	is made within fo1iy-five	( 45) calendar		
				subject to Assessments may prepay		
			date. The owner of property			
days before an interest payment				
					a po1iion	of	the	remaining		
																			
the  entire	remaining balance	of the Assessments  at  any time,  or						
						if	there	is also paid,  in addition	to the prepaid principal		
balance	of	the Assessment one time							
balance	of	the Assessment,		an amount equal to the interest that would otherwise be due on such		
											interest payment date, or,	if	prepaid	during the forty-five		
prepaid amount on the next succeeding						
											
day (45) period preceding such interest payment date, to the interest payment date following		
such next succeeding interest payment date.   Prepayment	of	Assessments does not entitle	the		

prope1iy owner to any discounts for early payment.																	
	(b)		The District may elect to use the method	of collecting Assessments	authorized by		
										
										Method").	The District has		
Sections  197.3632 and  197.3635,	Florida Statutes (the "Uniform				
												
heretofore taken or will use its best efforts to take as timely required, any necessary actions to		
comply with the provisions	of	said Sections	197.3632 and  197.3635,	Florida Statutes.	Such		
																									
	to all	of the collection provisions	of Chapter 197,	Florida Statutes.		
Assessments may be subject						
														of	collecting its special or non-ad		
Notwithstanding the above, in the event the Unifmm Method				
valorem assessments is not available	to the District in any year, or	if determined	by the District		
								
				may be collected as is otherwise	permitted by law.  The		
to be in its best interest, the Assessments				
										
District may, in its sole discretion, collect Assessments by directly assessing landowner(s) and		
			authorized						by law.															
enforcing said collection in any manner																				
	(c)	For each year the District uses the Unifo1m Method, the District shall enter into an		
agreement with the Tax Collector	of	Polk County who may notify each owner of a lot or parcel		
	of	the special assessment,	including interest thereon,  in the		
within the District of the amount					
															
manner provided in Section	197.3635,	Florida Statutes.																	

SECTION

9.

APPLICATION OF TRUE-UP PAYMENTS.

(a)	Pursuant to the Amended Master Assessment Report, attached hereto as Exhibit B,

6

there may be required from time	to			time ce1tain	true-up payments.  As parcels	of	land or lots are		
							in the  Amended		
												as	set forth				
platted, the  Assessments  securing the  Bonds	shall be  allocated						
Master Assessment Repmt.		In furtherance thereof, at such time as	parcels	or land or lots are		
															
		condition of	the lien established	by this Resolution that any and all		
platted, it shall be an express					
				the District's boundaries	may be		
																	as				
initial plats	of any portion	of the lands within the District,						
amended from time to time, shall be presented	to the District Manager for review, approval and		
				units  which	will	be,  after  the  plat,		
calculation	of the	percentage	of		acres	and  numbers  of					
considered to be developed.  No further action by the Board		of Supervisors shall	be required.	The		
				lien		
District's  review  shall  be  limited		solely	to	this	function  and  the  enforcement  of		the			
			District  Manager		shall	cause	the	Assessments	to	be		
established	by  this  Resolution.				The										
reallocated to the units being platted and the remaining prope1ty in accordance with Exhibit	B,		
cause  such  reallocation  to	be	recorded	in the  District's  Improvement  Lien  Book,  and  shall		
													process is incorporated herein as		
perform the true-up calculations	described in Exhibit B, which			
																	
	true-up payment shall become due and payable that tax year by		
if fully set forth.  Any resulting			
	the  remaining  unplatted  property,  in  addition	to  the  regular		
the  landowner(s)	of record	of				
assessment installment payable with respect to such remaining unplatted acres.											
(b)  The District will take all necessary steps to ensure that true-up payments are made in		
a timely fashion to ensure its debt service obligations are met.  The District shall record all true-		
up payments in its Improvement Lien Book.																							
(c)  The foregoing is based on the District's	understanding with Cassidy Holdings Group,		
Inc.,  that it intends to  develop	the  unit numbers  and types  shown in Exhibit B,  on the  net		
		to	provide a formula to ensure that the appropriate ratio	of	the		
developable acres and is intended						
								if fewer units are developed.	However, no		action by		
Assessments	to gross acres is	maintained							
the District prohibits more than the maximum units shown in Exhibit B from being developed.		
In no event shall the District	collect Assessments pursuant to this Resolution in excess	of	the		
			The		
total debt service related to the Total Project, including all costs	of financing	and interest.			
District recognizes that such events	as regulatory requirements	and market conditions may affect		
									of the True-Up		
the timing and scope of the development in the District.  If the strict application			
Methodology	to	any  assessment				reallocation  pursuant			to		this  paragraph		would		result	in		
Assessments	collected  in	excess			of the		District's	total	debt	service	obligation for		the	Total		
											equitably	reallocate	the		
										take		appropriate	action  to					
Project,  the	Board  shall	by	resolution										
Assessments.  Further, upon the District's	review of the final plat for the developable	acres, any		
									
unallocated Assessments shall become due and payable and must be paid prior to the District's		
approval of	that plat.																																			
(d)	The application of	the monies		received from true-up payments or Assessments to the		
actual debt service obligations	of	the District, whether long term or shmt term, shall be set	fo1th		
																		series	of Bonds	actually issued.		
in the  supplemental  assessment resolution adopted for  each					
Such subsequent resolution shall be adopted at a noticed	meeting of the District, and shall set		
forth the actual amounts financed,		costs	of issuance, expected costs	of collection, and the total		
amount of the assessments	pledged to that issue, which amount shall be consistent with the lien		
imposed by this Resolution.  Each such supplemental resolution shall also address the allocation		
of any impact fee credits expected			to be received from the provision	of the project funded by the		
conesponding series of Bonds	issued or to be issued.																				

7

SECTION 10. GOVERNMENT	PROPERTY; TRANSFERS OF PROPERTY TO		
		GOVERNMENT.  Property	owned by units		
UNITS OF LOCAL, STATE, AND FEDERAL				
			specific		
of local, state, and federal	government shall not be subject	to the Assessments without			

		any real property on which Assessments are imposed by this		
consent thereto.  If at any time,			
	transferred  to  a	unit  of	local,	state,  or federal  government		
Resolution  is  sold  or  otherwise						
								
		unit to the imposition	of Assessments thereon), all future		
(without consent of such governmental				
							
unpaid Assessments for such tax parcel shall become due and payable immediately prior to such		
transfer without any further action of the District.								

SECTION	11.		ASSESSMENT  NOTICE.	The	District's  Secretary	is		
					of Assessments  in  the		
			Amended  and  Restated  Notice			
directed  to  record	a	general				
Records  of Polk  County,  Florida,  which  shall  be  updated  from  time  to  time  in	a		
consistent with changes in the boundaries of the District.					

hereby Official manner

SECTION 12.		SEVERABILITY.	If	any  section	or  part  of a	section	of this		
										
Resolution be declared invalid or unconstitutional, the validity, force	and effect of any other		
section or part of a section	of this Resolution shall not thereby be affected or impaired unless it		
	other  section  or part	of	a section	of this	Resolution  is	wholly	or		
clearly  appears  that  such									
						so	held	to	be	invalid	or		
necessarily  dependent  upon  the  section  or  pmi	of  a  section								

unconstitutional.																	
SECTION 13.		.  All resolutions or parts	thereof in conflict herewith are,		
	CONFLICTS	herein	.  Nothing			shall	affect the validity or		
to the extent of such conflict, superseded and repealed												
effect of Resolution 2017-32 with respect	to the Phase 1 Assessment Area.								

SECTION 14. EFFECTIVE and adoption of this Resolution by Community Development District.

DA the

TE.	This Resolution	shall take		
			of	the		
Board  of Supervisors				

effect upon the passage Holly Hill Road East

[Remainder

of

page intentionally left blank.]

8

APPROVED THIS

ATTEST:

16

th

DAY OF MAY, 2018.

HOLLY HILL ROAD EAST COMMUNITY

DEVELOPMENT DISTRICT

Secretary

Chairperson,

Board

of

Supervisors

Exhibit

Exhibit

A:

B:

Amended and Restated Engineer's Report for Capital Improvements,	dated March		
			
21,2018	Methodology Report,	dated March 21,		
Assessment				
Amended and Restated Master					
2018					

9

Amended and Restated Engineer's

Exhibit A:

Report for Capital Improvements,

dated March 21, 2018

10

HOLLY HILL ROAD EAST COMMUNITY DEVELOPMENT DISTRICT

AMENDED

AND

RESTATED

ENGINEER'S REPORT FOR CAPITAL IMPROVEMENTS

Prepared for:

BOARD OF SUPERVISORS
HOLLY HILL RO AID 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. 111. N. V.

INTRODUCTION	1-2

PURPOSE AND SCOPE	2-3

THE DEVELOPMENT	3-4

THE CAPITAL IMPROVEMENTS	4

CAPITAL IMPROVEMENT PLAN COMPONENTS	4

Stormwater Management Facilities	5

Public Roadways	5

Water and Wastewater Facilities	6

Off-site Improvements	7

Alnenities and Parks	7

VI. VII. VIII. IX.

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		
North Boulevard West, east of Ho1ly Hill Road, City of Davenp01t	(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 Rep01t		
amends the previously adopted Engineer's	Rep01t 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 roadways and stormwater management 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	conf01m to  regulatory	criteda 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 providedExhibitin	7 of	this repo1t.				
This "Capital Improvement Plan" or "Repo1t" 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, pe1mitting, 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 toservedthelands	by the improvements. Changes and modifications are expected		
as changes in regulatory criteria are 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		
rep01t 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 Storm water 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 to the City for ownership and maintenance.						
PURPOSE AND SCOPE						
The purpose of this Rep01t is to provide engineering support to fund improvements	in the		
				
District. This Report will identify the proposed public infrastructure to be constrncted or		
acquired by the Dish'ict 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  portions  of the  proposed  public  infrastructure.	An		
			
assessment methodology consultant has been retainedwhoby the District,	will develop the		
assessment and financing methodology to be applied using this Report.					

Page2

III.

The predominant p01tion of this	Report provides  descriptions  of the proposed	public		
					
infrash·ucture improvements,	determination of estimated probable	construction costs, and		

the  conesponding  benefits  associated  with  the  implementation	of  the	described		
						
improvements.  Detailed  site  construction plans  and  specifications  have  not  yet  been		
completed  and  permitted  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.										

IVIMPROVEMENTS.THECAPITAL							
The Capital hnprovement Plan, (the "CIP"),	consists of public infrash·ucture in Phases 1,		
						
2,  and  3.  The primary po1tions	of the CIP will  entail  stormwater	pond	construction,		

roadways  built  to  an  "urban"  typical  section,  water  and  sewer  facilities	and  off-site		
improvements (including tum lanes and extension	of water and sewer mains to serve the		
					
development).							

Page 3

There will also be stormwater shuctures and conveyance culve1ts within the CIP which		
will outfall into the on-site retention ponds. These structures and pond areas comprise the		
overall  st01mwater  facilities	of the  CIP.  Installation  of the  water  distribution	and		

wastewater collection system will also occur at this time. Below	ground installation of		
						
	by			the District.		
power, telecommunications and cable TV will occur, but will not be funded				
Installation of street lights within the public right of way will be funded	by the District.		

As a prut of the recreational adjacent to Holly Hill Road portions of the District. The walking trails.

component of the	CIP,	a public	park will be conshucted		
								
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. Stormwater runs off via roadway curb		
and gutter to storm inlets. Storm culverts	convey the runoff into the proposed retention		
							
ponds for water quality treatment and attenuation. The proposed sto1mwater systems will		
utilize d1y retention for biological	pollutant assimilation to achieve water quality treatment.		
										
The design criteria for the Dishfot's stormwater management systems is regulated by the		
City, the  County,  and the SWFWMD.	There  are  no	known surface	waters  or natural		

wetlands on or immediately adjacent	to the Development.					
									
Federal Emergency Management Agency Flood Insurance Rate Map (FEMA FIRM) Panel		
-0240G (dated 12/22/2016) demonstrates	that the property		
No. 12105C-0220G and 12105C										
is located within Flood Zone X. Based on this info1mation	and the site topography, it does		
					
not appear that floodplain compensation	is required.						

Page4

During  the  construction	of	st01mwater  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		
							
										. The SWPPP will be		
(FDEP) as delegated	by the Environmental Protection Agency (EPA)										
																				
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 constmction activity															
Public Roadways																				
The proposed public	roadway sections are to be 50' R/W with 24'	of asphalt		and Miami		

					. The proposed roadway	section will consist	of		
curb or Type F curb and gutter on both sides															
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 pU1poses	of protecting the integrity of the pavement and alsoprovideto			
st01mwater 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  main,	gate  valves,  fire  hydrants  and		

appurtenances will be installed for the Development. The water	service provider will be		
									
the City ofDavenpo1t Public Utilities. The water system will be a "looped" system. These		
facilities will be installed within the proposed public rights-of-way within the District.	This		
				
				which	services		will serve	the		
water will provide the potable (domestic) and fire protection											
entire Distdct.																
A domestic wastewater collection system inclusive	of gravity sanitary sewer	mains and		

sewe1; laterals will be installed.	The gravity sanitary 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		
		a		main along No1th	Blvd or within the unopened	right of		
										
shall be connected to eitherforce															
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 inigation within the public right of way or irrigation		
water service shall be provided	as pait of the domestic	water system design. Any water,		

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

Page 6

Off..Site

Improvements

The District will provide funding	for the anticipated tum lanes at the development	entrance.		

The site constrnction activities associated with the CIP are anticipated for completion by		
phases based on the following estimated schedule:1	Phase	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  Depaitment  (water		
distribution  system),  Polle  County  Environmental  Protection  Commission  (HCEPC)		
(wastewater collection)the and	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  inigation,  recreational  improvements,		
street lighting, and certain pe1mits and professional fees as described in this repo1i, are		
being financed by the District with the intention for benefiting	all of the developable real		
				
prope1ty within the District. The constrnction and maintenance	of the proposed public		
			
improvements will benefit the development for the intended use as a single-family planned		
development.				

Page 7

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

Following is a summary of required pe1mits obtained and the public infrastructure improvements for the District:

pending for the construction

of

PHASE 1

Permits I Approvals

Zoning Approval (City of Davenport)

Preliminaty Plat (City of Davenpott)

SWFWMDERP

Construction Permits (Davenport)

FDEP Water

FDEP Sewer

FDEPNOI

Approval / Expected Date

City of Davenport Ordinance (Approved)

City of Davenport (Approved)

Approved

July 2017

Approved

Approved

Approved

*Amenity Center shall FDEP, Water, FDEP

require Sewer,

separate permitting. Permits required are Construction Permit, SWFWMD, and FDEP NOL

PHASE2

Pe1·mits / Approvals

Zoning Approval (Davenport)

Preliminmy Plat (Davenpmt)

SWFWMDERP

Constrnction Permits (Davenpott)

FDEP Water

FDEP Sewer

FDEPNOI

Approval / Expected Date

City of Davenpott City Ordinance (Approved)

July 2018

October 2018

October 2018

October 20 I 8

October 2018

September 2018

Page 8

PHASE3

Permits / Approvals

Zoning Approval (Davenpo1t)

Preliminary Plat (Davenpo1t)

SWFWMDERP

Construction Permits (Davenpo1t)

FDEP Water

FDEP Sewer

FDEPNOI

Appl'oval / Expected Date		
City of Davenpo1t City Ordinance	(Approved)		
			
July 2018			
October 2018			
October 2018			
October 2018			
October 2018			
October2018			

VII.   RECOMMENDATION									
As previously described within this report, the public	infrastmcture 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 infrastrncture 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.										

Items utilized in the Opinion ofProbable Costs for		
infrastructure as shown	on construction drawings		
			
cunent SWFWMD and the City regulations.		

this report are based upon proposed plan incorporating specifications in the most

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		
							
affect the proposed cost estimates.								

Page 9

IX.

CONCLUSION					
It is our professional opinion that the public infrash·ucture	costs for the CIP provided in this		
				
Report  are  reasonable  to  complete	the  consh·uction	of  the  public  infrash11cture		
					
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 infrashucture	improvements  is only an		
						
estimate and is not a guaranteed maximum price, The estimated costs are based upon unit		
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 opportunity		
for changes (upward or downward) in the consh·uction costs, the total, final construction		
cost may be more or less than this estimate.								
Based upon the presumption that the CIP constmction continues in a timely manner, it is		
our  professional  opinion  that  the  proposed public  infrash·uctme	improvements	when		
constructed  and  built  in  substantial	confo1mance  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 conh·actors and consultants in		
County,the	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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-D AVENFOR-T-!!LV.O	____,!		
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!f!ennis	~	- y
W ood	...,

-	Engineering

OfACl:: (8631 940-2040		EXHIBIT 1	t		
FAX:   (8631 940-2044		HOLLY HILL ROAD EAST CDD			
CEU:  (863) 662-0018	,_EXlSTING DISTRICT				
1925 BARTOW ROAD	D  EXPANSION PARCELS	LOCATION MAP			

--	UClAKELAND, Fl 33801	NO		
DENNIS WOOD, PROFESSIONAL ENGINEER			
	SCALE		
EMAIL:  denniswoodengineering@gmail.com			

-

LEGAL	DESCRIPTION	DISTRICT			
									HOLLY HILL	ROAD		EAST -	COMMUN	ITY	DEVELOPMENT																									
																																																		
THE	NORTH LINE TIIEREOP S,09'.!l30 6"·E, 32G.10	FEET	TO	THC	NORTHEAST		
	AT	THE NORTHWEST CORNER OF	SIIID TMCT 20,		AND	RUN THDNC6	/\LONG	1		
DEGIN									21) THENCU ALONG TIIE		WEST	LINE OF	SI\ID TllACT	21 N-00'2583"-W, G40,90		
CORNER THEREOF, SAID	PONT IILSO DEIN	G THE							EST	CORNER	OP SAID TMCT									
																																			
			SOUTHW											LINE or-	FOREST	LAI(£		DRIVe	ACCORDING TO THE	MIIP AS RECORDED	IN MAP	OOOK 17,	PAGES		
mrr TO A	POINT ON THE	SOUTH MAINTAINED IIIGHT-OF•WIIV													
												THREI!	18)	COURSES:	1)		
										MIIINTAINEO RIGHT·OF-WI\Y	LINS TIIE	FOLLOWING						
lD0-100,PUOLIC RECORDS OF	POLI( COUNTY,	FLORIDA,	THEN	CE	IIWNG	SAID SOUUI										
												160,lG FEET TO A POINT	ON me £AST UNI!	or- SAID mACT 21;	THeNCE		
S·09"49'04•E,	OS.DO FEET;	THENCE 2) S-00'09'06"-E,		71	.24 FEET1 nlENCE	3) S•O!>'SO'S7"·E,						
									PEET	TO THESOllTHE/\STCORNER THEREOF,		
																	TMCT21	S-00'23'10"-E, G30,91				
DEPAnTING SAID MAINTAINED RIGHT-OF-WAY LIN	E,	AND ALONG THGeAST LINE OP SAID						
								OF	S1110 TRACT	27 S·09"S3'0G"·E,	326,90	FEET TO THE		
SAID POINT	ALSO DEING nlE NORTHWEST CORN	Eil	OP S/110	TMCT 27;		THENCE ALONG	l►IE	NORTH LINE							
																																		ON	SAID	SOUTH				ED		
										;	THENCE	ALONG		T►IE WEST	UNI!	OF																								-W, 635.S7	PEET TO A	POINT						MAINTAIN			
NORTHEAST													SAID TMCT 29 N-00'23'11"																																								
	CORNER THEREOF	LAKE 01\IVll;	THENCE l\lONG SAID	SOUTH	MAINTI\INEO	nlGHT.OP•WAY UNI! THI! FOLLOWING	TWO	(2)	COURSES:	1)		$-09'86'99"-E,		
RIGHT-	OF-WAY UNE OP	FOREST													
														29; THENCE	DEPARTING SAID																	n!GHT·OF-WAY		
107.99	FEET;	THENCE 2)					-E,	139,69	FEET TO A POINT	ON THE	EAST UNI!	or		SAID TMCT			SOUTH	MAINTAINED				
			S-09'59'0"									2a	S-00'28'04"·1.',634.92	FEET TO THE SOUTHEAST	CORNER THEREOF, SAID	POINT ALSO	BEING	THC	NORTtlEAST		
LINE, ANO	ALONG THC	EAST LINC OF SAID TRACT											
										POINT	ON THE	NORTH	RIGHT-01'WIIV-	LINE OF	NORTH		
															SAID TRACT 26 s-00·22•59•.1:, 635.90	FEET TO/\								
CORNER OF S/110 TRACT	2G; THENCE ALONG THe EAST LINI! or										
									SAID	NORTH	RIGHT-OF	WAY LINE PER O.R,		
OOULEVI\RO WEST PER	D.R. OOOK 701,	PAGE 709	OF	THE PUDLIC	RECORDS OF POLK COUNTY,	FLORIO/\; THENCE ALONG							
								696, /ILL IN		THE PUOUC	RECORDS	OF POLK									, FLORIDA,		
	781,	PAGE									
BOOK	701	,	PAGE 709,	ANO PER	O.R.	000	1<	701,	PAGE		667,	/IND PER	O.R	. DOOK										COUNTY	HET TO		
																					ALONG THI! WEST LINE OF SIIID TTI/ICT	29	N•00'21i'OG"·E, 033,72			
N-09'40'44".	-W,1805 66 FEET TO	A POINT ON	THE WEST LINE Of	SAID TAACT	29; Tlll!NCE								
THE POINT OP OEGINNING,		
P/lOPERTV	Df SCRIDED CONTAINS 20.50	ACR	ES, MORE on	LESS,		
ANO		
DI GIN AT THE NORTHl!J\ST CORNER OF	S/110	TRACT	121\ND	RUN	THENCE	ALON	G	TtlE	EAST	LINE TllEREOF,	S·00'39'44"·E, GS0.29 FEET	TO THE SOUTHEAST	CORNER		
												FEIIT TO A	POINTON	THE	EAST	RIGHT·Or•WAY LINE OF		
						12,	19, 14, 15	ANO	1G N-09"20'5S"•W, 1620,90							
THEREOF; THENCE ALONG	THE SOUTH	LINE	OF SAID	TRACTS												
																									LINE, ANO THEN		
			or		THENCC ALONG	S/110	-WAV			
HOLLY	HILL	ROAO, PER o.n. OOOK 701,	PAGE	718		PUOLIC		RECORDS			POLK COUNTY,	FLORIO/\;			EAST nlGHT.OF						N--OD'2!1'26"-W,		
													PUDLIC RECORDS	OF													, FLORIDA				
CONTINUING /\LONG THE EAST RIGHT-OF-WAY	OF HOLLY		Hill	110110,	PER		O,R.	DOOK	781,	PAGE	715				POLK COUNTY												,	1626,04		
											NORTH LINE OF SAID TMCTS 16, 15, 14, 19		AND																
														◄ LINE OF	SAID	mACT	16;	THENCE	ALONG THE																			
G43,GO FCET																			12, S,09'S4'47"·F			
	TO A POINT ON THE NORTI		
FEET TO THE	POINT OP	DEGINNING.		
PROPERTY	DESCRIDEO	CONTAINS: 24,17 ACRES,	MORE OR	LESS.		
~	LINE or- SAIOTTIACTS 16, 15,	14, AND	13 N·09"43'00"•E,	130!1.54 FEET		
OEGIN	AT THE	NORTHWEST CORNEil or- SAID TRACT 16, ANO	RUN	THENCE ALONG	THE	NORTH						
																
						ID	TRACT 13	ANO THE	SO	UTHHILV	PROJECTION	THEREOF,	S,00'47'35"·1:, 607,62		
TO THE NORTtll.'ASTCORNER OF SAID TRACT	19; THENCE ALONG	THE EAST	LINE OP SA										
														LINE N•DD'SD'D2"•W, 931,52		
																OP	THE	SOUTHWEST II	OP SAID SECTION oqi l li ENCE ALONG	SAID sount			
FEllT TO II	POINT ON THE SOUTli	LINE	OF THE NORTHWEST"								
											19 S-00'48'45"-E, 667,55	FEET TO THE		
									LINE	OF	S111D TMCT	10	ANO	THE	EAST LINE	OF SAID TMCT				
FEET; THENCE	/\LONG THE	NORTl1ERLY	PROJCCTION	OP	THE	EAST												
																		-W, 991.42	FEET TO THE SOUTHWEST	CORNER OF	SAID TRACT 19,		
																				LINE	OF																												
									
SOUTHEAST	CORNER TIIEREOFJ	THENCE	/\LONG THE SOUTtt				S/110 TMCT 19 S-09'30'27"															620.70 FEET TO	II POINT	ON THE NORTH		
												/\LONG	THE fAST LINE	or SAID TMCT 31 5-00'47'1.0"•	E,						
ALSO OEING TtlE NORTHEAST	CORNER OF SAID	TMCT 31;		THENCE										
																	II POINT		
										THENCE ALONG SAID	NORTH nlGHT•OF•WAY LINE												047.50	FEET TO			
RIGHT·OF•WIIV LINE OF	COUNTY	ROAD	547	(00'RIOHT•DF•WIIY	WIDTH);			S•D9'2900"·W,																	
													/IND ALONG THE	WEST LINE OPS/110	TRACT 17	ANO	THE NORTliERLY PROJECTION		
ON THE WEST LINE OF	S/110 TMCT 92;	T►IENCE	/\LONG SAID	WEST LINE	THEREOF,							
																		OF	n1e SOUTHWEST U	OFSIIID SECTION 04,	ALSO	DEING THE SOUTtl		
THEREOF,	N-00"40'25"-W,	1290.60 FEET TO II	POINT	ON THE	NORTH LIN	E OF TtlE SOUTI-IWEST"							
																			OF THE WEST	LINn	OF S/110	TMCT 16, ANO		
				OF	S1\10	SECTION	04;	THENCC ALONG THE SOUTHERLY PROJECTION						
LINC OF THE NORTHWEST	JI OF	THE SOUTHWEST	JI											
																													
				POINT	OP DEGINNING.			
ALONG SAID WEST LINE	-W, 669.51	FEET TO THE					
	N-00'45'52"		
PROPErrTV Ol!SCRIDEO CONTAINS: 44.47 ACRES, MORE OR LESS		
~	or-SAID mACT 22, SAID POINT Ill.SO	BEING	THE NORTHWEST	CORNER OF			
DEGIN AT	A 5/0" IRON ROD AND CAP ·	LO	0135" STANDING	ATTHE SOUTHWEST CORN	CR							
																
																		AND llUN ALONG THC WEST LINE or- SAID TRACT	22 N•00'23'47"·W,642.49	F£6TTO	THE			
'i'iiACr27	OF SAID HOLLY HILL Gnovs & FRUIT COMPANY	SUDDIVISION,								
									PI\OE	100,		PUOLIC	RECORDS OF	POLK			
																						LAKE DRIVE PEil	MI\P l)OOK 17,									
INTERSECTION OFS/110 WEST	LINE ANO	n	lESOUTH	MIIINTIIINEO RIGHT-OF-WAY OF FOReST												
							THREE (3) counses; 1)													-E,100.29 FEET;	2)	THENCI!			
														RIGHT-OF-WAY	THE	FOLLOW	ING																			
									E /\LONG S/110	SOUTH MI\INTI\INEO								N-0947'53"							EAST	LIN	E OF S/110			
				F·WAY ANO THE						
COUNTY, FLORIDA, THENC													1:, 20.44	FEET	TO THE	INTERSECTION OP S/110																								
S·D9'09'22"-E, 208,27 F£ET; THENC£ 9) S-09'49'49"•					SOUTH MAINTAINED RIOIIT·O																			OF SAID			
TRACT 22;	THENCE ALONG 51110	llJ\ST LINl!S-00'22'41"·E,	GIID.10	FEET	TO A	5/8"		IRON		ROD	AND CAP "LB 1)185"	STANDING ATT►IESOVTHl?ASTCORNER				
														SAID TRACT 22, ALSO DEING THE NORTII LINE			
								OF	SAID TMCT27;	THENCE /\LONG TH	E SOUTH	LINEor,				
TRACT 22,	SAID POINT	Ill.SO BEING THE	NORTHEAST	CORNER									
OF SA\OTRACT 27, N-89'5	5'2G"•W, 82G.76FEET	TO THE	POINT OF DEGINNING.		
Tl IE /\DOVE DESCRIBED	LANDS CONTAIN 4.021\CRES,	MOI\E	011	LE	SS.		
~		
																									ING AT	THE INTEIISECTION OF	n,c	WEST	LINE OF SAID TIII\CT 2.5		ANO																	•WIIV OF NOllTH		
DEGIN AT A																												THI! NORTH RIGHT·OF									
	5/8" IRON noo WITM CAP "LO 01!15" STAND																				RECORDS OF										, FLOnl0/1, /IND	RUN ALONG		SAID	WEST LINE	N·00'22'30"·W,		
										
ooUilVIIRO WEST PER	Or-FICIAL RECORDS	OOOK 794,	PAGE	787,	PUBLIC		POLK COUNTY				25, SAID	POINT	ALSO		DEINO THE SOUlllWEST	CORNER		
																						OP SAID TRACT								
69S,40 FEET TOA 5/0" IRON ROD /IND CAP "	LO	OlSS" STANDING	ATTHE	NORTHWEST CORNER									
							FEET TO II	5/0" IRON	noo ANO CAP	"LO 0135"	STANDING AT THE		
OF SAID TRACT 241THENCE /\LONG THE WEST LINE OF	SAID	TMCT 24 N•00'22'9D"•W,	640,57							
							PER MAP	DOOK		17,	PAGE 100, PUDLIC	RECORDS OP POLK		
INTERSECTION OF SAID WEST LINE /\NO TH	E	SOUTH	MAINTAINED RIGHT•OF-WAY OF	FOREST	lAKI! DRIVE								
									EIGHT	IO)	COURSE	S;		1)											E, 16S.Ol	FEET;	THENCE		
															
COUNTY,		FLORIO/\: THENCE	ALONG	51110	SOUTH MAINTAINED RIGtlT·OF-WAY TtlE	FOLLOWING								N•09'47'2''•				FEET) THENCE	(6)		
																												1		25,17					
2)S·0!>'29'94"•S, 50.51	F6ET;	nlENCE	9) 5•M'02'15"•1:,			20,73		FEET:	THENCE		(4) S,69'03'99"•E,	2G.69 FEET1 THENCE	(5)S·S0'10'02	"·E,						
																				
																				E, 14A3	FCllT TO	wa EAST LINE OF SAID	TRACT	24: THENCE /\LONG SAID		
S-11D"92'53"·&, 25.66 FEET; THCNCE (7) S-22'07	'!M"-c, 27	,92		Ff IT;																											
					nlCNCe (O)S-07'00'5S"•															OF SAio	TRACT	24,	SAID	POINT l\lSO OEING		
												FEET TO A 5/0" IRON noo																			11						ING AT	THE	SOUTHEAST	CORNER								
EAST LINI: S·OO'l9'4l"•E, SSG.53		ANO	CAP	"LO	0195																																										
							STIINO						25 S--00'19'41E,"-		696.04 PEET	TO lHE NORTH RIGHT·OF-WI\Y OF NORTH		
THE NORTHl!IIST CORNER	OF	SAID TRACT 25;T►IENC	E ALONG	THE EASTLINGOF SAID	TRACT						
													PLOnlDI\J THENCE ALONG SAID NORTH		RIGHT•OF•WAY		
DOULEVAI\O WEST PER OFFICIAL RECORDS OODK	794,		PAGE	707,	l'UOLIC	RECORDS		OF	POLK COUNTY,					
																			
N•09'403G"·W, 824.57	FEIITTO THE POINT	OP OEGINNING.		
THC ADOVE OESCRIOED LIINOS	CONTAIN 9.40 Acnes, MORE	on	LESS,		
				
/ILL THE /\DOVE OESCRIOEO I.ANOS	CONTAIN 111,S2 I\COES, MORE OR LfSS		

_ -

Qennls	~,-~·-~	OFFICE: (063) 940·2040		
		FAX:	(063)	040·2044		
Wood	q;	·,	cm:	(OG3)	m -0010		
--	E ngineering	1025	DAI\TOW		
						1\0/\0		
	...,_		LLO	LAKELAND, FL 33001		
DENNIS WOOD,	PI\OFESSIONAL ENGINEEI\			
EMAIL: dennls@woodclvll.com			

EXHIBIT 2

LEGAL DESCRIPTION
(NOT A SURVEY)

PAGE  l OF 1

L	_	·:,.,-• ff		
		FORES.1 LlAKE ORI		
		A		
						t=-			_   1t	t-  1-			
						e_·EXPANSION						
C						li	PARCELS						
~													
§						~1,~ ,							
		-:j										
				11:e>;:;:TH BLVD W	_	. J							
						=!				....			
													
										~			
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						Ci			
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							I	L.	0			
												
									>			
	r		:		\t::1 . ~:;-L!r1-----~	;:O			
							DIST~ICT		DISTRICT		
							BOUNdARY				
									BOUNDA RY		
													
·::,			I										
			I										
													
			~		l	I							
						I~	I   -~					
												
						l~NGEUA.□R-- . .  •					
r				II		n  17· : I ~		ENPOR-T-6!.VD-				
	I			I	'	I				~   -	N		
~De_nnis--~--------- ,-_-_--0FAcr: 1s-s3,- 9-40-2040_	___________   __________   E_X_HIB---TI_3_______J !		

-    VJood ~=	~ :::;:~~~~	ex1sTING olS'TRlcr	HOLLY HILL ROAD EAST COD		
§_ngineering	BARTow ROAD	D  EXPANs1ON PARCELS	DISTRICT BOUNDARY MAP		
u.c	1925				
	LAKELAND, fl 33801				

DENNJS WOOD. PROFESSIONAL ENGJNEER
EMAIL: denniswoodengineering@gmail.com

-fe,.-E.

NO

SCALE

---

t:'===l	I  NUc< I H t;;\ vu ':"!

D  EXISTING COD DISTRICT
::J  EXPANSION PARCELS

D- ennis   ~·		"""'""',.,FAX:1863)940-21>44.,.	
W ood	•	'		CEll!   18631 662-0018	
-	-""'-				
Engineering	1925 BARTOW ROAD	
-			LLC	I.Al(El.ANO, R. 33601	

DENNIS WOOD, PROFESSIONAL ENGINEER
EMAIL: denniswoodengineering@gmail.com

IH	N		
~			
.	•~ G.~'t -.r		
		'Fl	t   - ·	~			
		!	:	~ .. - :				
t=I	J	I ~ --I.	,;u,~~-~~11   ,	t		
! ~ '  II I	~ ,,  ' •       111'ir' Yr •	l	I	) .	.   -;-I			
NO
SCALE

EXISTING

DISTRICT

		•-1 ~  -~~ti::,. E:~		
		.......,_	' . --,			
	Davenport Zoning				
	;.t3	,;.--ric:.;t:s=c		0-1  052		
	TIJ.t t~~ ~e#J::orr.;::J:!	•	0-~ Cf"JCeF~		
EXHIBIT 4	--~ TN-2 7r.!Cicns-, XE:i;l"~.c,:1	t:= □:O ~  •:..-o-~':"IC~Osric:		
	.?..;.-;  ?..e:sic!c;."'11:i:s! ~	[:=ii M'.J..1  J&::~-L's1e:		
				
HOLLY HILL ROAD EAST COD	?.;'.-2~~ Es::s"~	t	C..~ C::J.-:.-T.erti:?J		
	R..i	r~		c-2 ~cr:::.31		
ZONING MAP	::t-2	r~	C	~ =";"..ft"cia..!		
	:=;:~	~.&&n:i:J	~ c...; ~-t:r ..isl		
CITY OF DAVENPORT					
	~-;.  F~Jr.ral		1•1 li. s . ~ - ir:,;;, . 'V~~		
	l.l=-t  M:.:t:-:=;m:y	:-__ J-4, i n-:u-~		
	l-J:=.-2 M~m:Zy	-	F1- t  F±:ic or t-:s::..:ic!J		
	A.t=-?  L-\i::~ami'/	L _ ?l,..2 r=:.cic o:- t"C ~:w		
	~--= M~3mi:y	::::::J F~~ r:.:::.c:.: ~-.:ic:u.l		
	__ r,~..;..1  Itl.!n:t"x::1:~edHctnli{S1.b:r.-is::r~)	r::::! F J-..  F .QJC: ; :~:a . a,		
	r:::::J =--u.~-..e;-.:,=f":.,t1	-	CIII Ccre,;u,,.ri:,r, CG::,\c		

		HAINES -ClTYi						
I	~	,	I	.						
	§;									
_Ls	L ORTHEJ..VDW							
--i..	c ;									
q										
d'a l						! r,...-	•		
J c:;J g	.	I   I	'	~	-:.....n				
- ,	"!:I I		·  · .......... ,__			·	--   ---·	-i		
-	.~	... ..,::.- .:.,,._:1;;,_a~						
!	,::i									
' I]

*1	RM

OP

I:?-

Q ennis   .•	-"'··=--- -	oFRCE: 1a63J 940--2040			
r	'	fAX:	(863) 9-40-21)44	D		
W ood -		<B.L:	1ae1 662~1s			
Engineering	1925 BARTOW ROAD	D		
=--	w:				
I.AKBAND, A. 33801

DENNIS WOOD, PROFEiS!ONAL ENGINEER
EMAIL: denniswoodengineering@gmail.com

*1
RM

RM

$f-----~r--

-
RM

EXISTING DISTRICT

EXPANSION PARCELS

Legend

-  :   Railroads

,,~  -	Major Ro.ads
;	-Local Roads
·	~     C   Parcels

•	Wate, 6Ddie~
l-.--,r-ll c:::I Davenpon City Limits
EEi Polk County Future Land Use

Davenport Euture..Larui Use
D	Residential Low (RL)

C Residential Medium (RM) CJ Residential High (RH)

Residential Park {RP)

-	Commerce Activity Center (CAC}

.. _ Office Park {OP) Mixed Use (MU}
LJ Manufacturin91Warehouse (MW)

---, lndusmal..(IND)

i;;;: Govemmentllnstitutional {GI)

;::J Recreation (REC) b. c::::l Conservation (CONJ

EXHIBIT 5	N		
	tNO		
HOLLY HILL ROAD EAST COD			
2030 FUTURE LAND USE			
C ITY OF DAVENPORT			

SCAL

~1 ~					.,	~					i		I			
						~			- = -F..CRESJ .iKE ORJ			
,s					e-		r --			I	I'		
					\,	- .							
e:E-:-							--7							
gl								EXPANSION	<		~		
				I			.--	PARCELS					
i		_ ...._											
	T-1						___ ,J							
u,~:\c:-.	s -														
	S -														
I--. r~.:-	::;;		'--		~										
g .	:::;	_1--oer-														
						1:;wQ-								
--	-	I- ~											
		g ~	k .C			'.3 •-	-  '							
	~	=				-		--	I							
Ii §															
	J			NO:'<THBLVOW	..J						r -• I ' ,.,..	,		
						--i_x   ~ ~ J	I o  DAV					
		-				~'- ~!'- '		,:1	;	I		
		~ I			:;;	~I-		L! I	!_J;l__J	I		
		17					-	.    .		1	-.	1			
		a:::_					I		I				I		
		- ~	-	, -	I	--				I	I			I		
L	c~		

I ::<	~---.:.~   ll	-   -		
t ;::	..... ...,			
,		= ,===-,•.---,--. , A		
~,~N~ ~==S~~·i.			
I	r			
•				

·----- ,

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•	ID__  ,·_..:.,:__. : .:,.;,__....,___, .F!....

Oi 5T~lC-

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U1										> ~					
.....,		~									!I					
					i=;:r-.T,7		.J	I-  --	) - 1	~I					
						~ANGELIA.CR ... ~ •		I	!I	-					
						I	~ -	~	I	.' I	~					
					D					I	-	I,					
I		, - ~		,o· H.c		}i_,l.._1._,l_!...,..._1_,_		'	s· DJ.V		~	J   • <-·v  -	l N		
· -	cw,~	cw, -   _  (-, -	<if=.tii -"<14-				OAVENPO.=.:r.eLV.O -	-	,er-. -%  -- "-. , -	-09--	~   •	t		
D ennis   •	.   ,,.,.	oma; t86JI 9~1)-2040	LEGEND					
					COM PO SITE EXHIBIT 6		
-		..-.	FAX:	1863) 9-40-2(1-14		COO DISTRICT			
	W ood ~	ce1.1.=	l86JJ m-001s						
				-- (W)  -- EXlSllHG WATER •wN AS NOTEO    HOLLY HILL ROAD EAST COD		
	- Engineering					
		192s sARTow ROAD	-- (FM)-   -	EXISTING  FORCE  MAIN AS NOTED	WATER	&  FORCE MAINS		
	-	LLC	LAICELAND. FL 33801				NO		
	DENNIS WOOD, PROFESSIONAL ENGINEER		H.C. • HAINES OTY				
					SCALE		
	EMAIL: denniswoodengineering@gmail.com		DAV • DAVENPORT				

P.C. • POU:: COUNTY

-
=

~

NORTH.B LVD W.

'

i

1

[	I	I	~	- ,	----		
		I					
			I   ;	\\			
	_E.08.ES.T LiAKE □RI		-			
-					,  I,.";,._,'		
			~				
=-1I          EXPANSION   Kl 'I r /11~
PARCELS

, -
1r -
·-

			11,I  I		I		o	-  =ii= 4= ¥~~~					
		_JJ I			~				I 1•		1, - 1:::::----~=			
			!								I	L_,		, -'m'-l'r::ll~·~t-1		
		'	I7 - ,	,											
				I							i '  . .			I"""	-	r. i		
											1	1								
-	-	Y5	; ,:;'		'					~ - '~:f~ --~l rf		
	_	,	...r,~	,   ,							I	-	- , ---  __	~0-[,,-~~.-;-		
		I																		
		BOUh e,,	,		I										t§·,i:-			
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						.						co•				-	--		
				1						- r----=-=-~--_,.._12~ E	•_....		
					-··--	-			-			-			~T	<r E•	-.		
																[S.:.I	r-			
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~										I	~.			,,	i]-~_; ~-12>:~:		

'
I

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I		'		-    =i =		
I	~-.		,-' _	____. ... r--;, I		
	,		-	,,,..(/t,-.-. -~l"'rF--.,'•---lL~I•"		
_'.______L·=~-J-'CA~TAmi~:::i N

Dennis	--~ =--	OFFICE; 1s531940-zo40		
-	W ood•	FAX:	(863) 940-2044		
		cru.:	lo•3l m-001s		
	-	~ngineering	1925 BARTOW ROAD		
		u.c	l.Al(ElAND, FL 33801		

DENNIS WOOD. PROFESSIONAL ENGINEER

LEGEND	COM PO SITE  EXHIBIT 6	~		
-FLOW DIRECTION				
	HOLLY  HILL RD  EAST COD			
COD DISTRICT				
	D RAINAGE  FLOW  PATTERN  MAP	~		
		NO		
		SCALE		

EMAIL: denniswoodengineering@gmail.com

Composite E><hlblt 7

Holly Hill Road East Community Development District

Summary of Probable Cost

~umber of l ots		204		100		182		i!lli		
						fl!fil!l.1				
lnfrastructu[e 11( 1		Phaso 1		I!ww!l				I21fil		
3	6										
Offslte Improvements l11l51l7l		$	120,000	$	125,000	$	180,000	$	425,000		
Stormwater Management 011in, 11sJ16ll7l	$	2,427,600	$	1,190,000	$	2,165,800	$	5,783,400		
Utllltles (Water, Sewer, & Street Lighting) llllsl(7ll9l	$	1,142,400	$	560,000	$	1,019,200	$	2,721,600		
1 4 5		$	882,300	$	432,500	$	787,150	$	2,101,950		
rtoadway 1 )( 11  H7l											
Entrv Feature & Slgnage 111111101		$	100,000	$	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	$	12,962,950		

Notes:

1.	Infrastructure consists of roadway Improvements, Stormwater management facilities, master sanitary sewer lift station and utilities, ent ry feature, landscaping and slgnage, and neighborhood parl<s.

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 Include grading associated with building pads.

7.	Estimates are based on 2017 cost.

8.	Includes entry features, slgnage, hardscape, landscape, irrigation and fenci ng.

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 Community Development District

Summary of Proposed District Facilities

District Infrastructure	Construction	Ownership	Capital Financing*	Operation and		
				Maintenance		
						
Entry Feature & Signage	District	District	District Bonds	District		
Stormwater Facilities	District	District	District Bonds	District		
Lift Stations/Water/Sewer	District	City of Davenport	District Bonds	City of Davenport		
Street Lighting/Conduit	District	District	District Bonds	District		
Road Construction	District	District	District Bonds	District		
Parks and Amenities	District	District	District Bonds	District		

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

a,
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Amended and RestatedAssessmentMaster

Exhibit B:

Methodology Report,

dated March 21, 2018

11

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

AMENDED

&

RESTATED

HOLLY

MASTER ASSESSMENT METHODOLOGY	REPORT		
		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		
GIP	that	enables properties within	the District'sboundaries to	be	developed.	Without	the		
District'sGIP	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'sGIP, which is	designed	solely to	meet the	needs	of	property	owners	within	the		
District.	Properties outside the District do	not	depend upon	the	District'sGIP	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		
												in		
provides	some latitude to	legislative	bodies,	such	as the	District'sBoard	of Supervisors,			
										
approving	special assessments.	Indeed,	Florida	courts	have	found	that the	mathematical		
perfection	of	calculating	special	benefit is	likely impossible.	Only	if						Board	was		
								the District's	methods		
to act in	an	arbitrary,	capricious,	or	grossly	unfair fashion	would		its	assessment			
																
be overturned.																																				
Special	Benefits and General	Benefits																								
																														
The new infrastructure	improvements	included in		the CIP	create	both: (1) special	benefits		
									as		
to the District and	(2)	general	benefits	to	properties	outside the	District.	However,			
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		
								the		
fact	alone	clearly	distinguishes	the	special benefits	which	developable property in			
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	110.66	assessable	acres	within	the		
District.		Therefore, the average	cost	per assessable	acre	in	the	District	is	$158,820	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	$20,649	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	$179,469	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 $158,820 $20,649 $179,469

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						$182,089				
															
Net Benefit per Acre from CDD Improvements						$2,620				
												
*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		
											in		
Advisor ("FA"),	the estimated	average value for a single-family	home to	be developed			
							
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.		
								is		
Therefore,	the	average	value per acre for	properties	developed	into	residential lots			
$182,089.		Thus, the estimated	net	special	benefit to District lands averages	$2,620	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	Engineer'sReport,	dated March 21,	2018 (together,	the		
							
"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						entire	GIP) are		
				for the District's							
presented	in	Table 2.																												
Bond Requirements																											
The District	intends	to finance the majority of its	GIP 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		
																			of	the		
2 and	3,	respectively.	A number of	component	funds comprise the	total principal				
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		
												that		
report(s)	will	also detail	the	specific	bond debt	service	assessments	for properties			
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		
					("ERU")		
benefit each unit	receives as expressed by	that unit'sEquivalent	Residential	Unit			
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		
									with		
will	be detailed in one or	more	future supplemental assessment	reports, in accordance			
							
the	principles and allocations set forth in this Methodology.								

3.4

True-Up	Mechanism																																
In order	to ensure that the					bond		debt will not build	up	on the unplatted	land	within		
		District's																District bond debt		
each	phase,		the District	shall	periodically		apply a "true-up"	test.	Initially,			
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		
																is		
expected to		be allocated	equally	to	the 204	lots planned	for	Phase 1 at	the time Phase 1			
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.		
							in the		
The	true-up		thresholds	for	the	lands within	Phase	1 and Phases 2	and	3	are	found			
table below.																																				

7

Initial

True-Up

Thresholds

Category

Ph. 1 Developed Acres

Ph. 1 Undev. Acres

50% 21.8 21.8

75% 32.7 10.9

90% 39.3 4.4

100% 43.7 0.0

Debt per Undev. Ph. 1 Acre	
--------------	
Ph. 2	&3	Developed Acres	
Ph. 2	& 3	Undev. Acres	

$162,964	$162,964	
-------	-----------	
	33.6	50.4	
	33.6	16.8	

$162,964 ------- 60.5

6.7

$162,964

-------· 67.2

0.0

Debt

per

Undev.

Ph.

2

&3

Acre

$156,119

$156,119

$156,119

$156,119

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						issuance of special	assessment		
			the District's									in	the		
bonds).	A	property	owner possessing assessment credits due to a Contribution will,				

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 Princigal $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 272705725500010251 272705725500010240 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 4.64 4.73 9.85 67.00

$749,373 $749,373 $741,567 $741,567 $744,690 $744,690 $752,496 $718,149 $766,546 $750,934 $724,394 $738,445 $1,537,776 $10,460,000

$61,704 $61,704 $61,062 $61,062 $61,319 $61,319 $61,961 $59,133 $63,118 $61,833 $59,648 $60,805 $126,623 $861,290

	Grand	Totals	110.66	$17,575,000	$1,447,149		
							
(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.				

9

EXHIBIT A

LEGAL DESCRIPTION
HOLLY HILL ROAD EAST - COMMUNtTY DEVELOPMENT DISTRICT

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5MO Tl'ACf :I.I S-t9'sl'06",f. liij,'JII FffT TO nli HOHIIIWI (Cl!lli{R TIIUIUlf; nlfN(E AlOrlG UJC we.r UtlE QF $.lolPlll.ACT 2111-00'lril"-W, t,li.$ 7 ffETlO A POJITT 011 !iii.ID SllUUI MAIIITAIH[O IIJGIIT-Of-W/\V UN[ OF fOMSJ LAKE OlUvt; lllEfil.f l,lOIIG Si\lD St;il,ml MA!/Ul\lllOO IIJ(]llf·Of-W,W Ullt TIIE rnuowmr, 1WO 12) COUJU.U: 1)

S Wi&'i~•-f, 187.H fflJ; THLHCE 2} $$~!!'.!,;J"-E, m.w ffffTO 1\l'OIIIT ON 't11£ EAST uNrnf SAIDTR/\CT U; 1111.!1[£ DEPMTIIIG Sfljl) sourn WJHJAINIO PM.ilff{]f.WAY U,I~ Mil AlON6 lll{ WT Ulll! OF :!AJO fMO l3 $-00'13'0l"•f, 634.92 ru:t 10 lHE SOUllifA.iT COIINfR T}l[H[Of, SAJD i'Olt/1lltSO BEIIIG lllf HO!IIll!Mf CORNtR OF S/IJD
TRACT ~6; l'IIEUCE AlOOO TIii: Wt UN!: Of SAID tMU Jcli S-00'22'59"·{, tilBS rta TO A Pl)lt/T Off THE 110nm R!Gllf,0}-W,.T UrlE Of liOAm SOUUVM1l WI.ST nil O.R. BOOK 781, PA.GE N'.llif ntf ruooc ll[CO!Ul5 01 POL.( C!MflY, flOIIID/o; Tlt[H({ AlOIIG SJtJO HORm RIGIIT-Of WI.Y Ull(P[RO.R. ~ 1ill, PA<i£ 709, Al!D PU! 0.R. 0001{ 78.1, PAGE U1, AIID l'fll 0.11. B.ODK 7l11I, l"AG~ t5£. MUil l!IE l'UBUt nECOJ\lli or P«xCOUlfJY, HcllU(ll,, H•.!W-14'44"·W, 1'.!()H~ Ft£T TO A PCIHT (llj TIii: WFST UII( OF SAID TM.CT li; UIUICEAlDIIG lHE WHT U~[ or SAt-OlJIACf 19 !!.(c'tE/06"-f, 633,71 f[UTOTIII POIIIT Of BEGINlll!ffi.

l'AOP'i!Rn' DEKAJBto (OITTAINH!!-S3 ACHU, Moo:{ OR IE$~.

1\.110

BWIN ATTIIE NOUIIWT CORNCII OF ~l\lP TRACT 12 m!I HUN TIIUK(.A.lONG lit! i:As1 UNE THER(Of, 5-00'19'44"·1\. r;.i0.29 HETTD TTIE SOIJTiffMT CD!tliffl lHEREOf; nm11;e AlOHG ntE soum UNCOFSAJll TIW:TH2. u. 14, I~ /IHD 16 N-S?'20'S~·-w. 10Z8.9l HETTO A POUfT ON TIit EMT fllGift,O;t,W...Y UNEOFHOILY lllllnOAO, tlll D.R. BOOK 7B1, PAGf 7n PUIIOC ft[(cm>5 or- POU: (OU,rn', FLORIQI\; THHICE ALONG SNII Wr IIIGHT,Clf-Y/1,V Ullf, /IJlO mm co11nuu1w; AEONG THE [/\$I RIGHI·Of·INA'I' 0~ HOUY 1£1LL ROAD, PtR. O,R, eiooK 781, ~Mit 715 PUDUC: ~t{OAD~ QF POLK COUITTY, nonll.Vt lH!O'Wl&'•\11, ~l.fo.lJ fHTTO A l'OJIIT 011 lHE NOIITH ll}f£ or SAiO TAACT Hi; lltlNCt A!DIIG mr 1/()RTII Ull~ Of Sill{) TMC1S 16, 15, 14, U AIID u, Sm'~47"•f, 1~6.M !LU 10 ml: Pomr Of PEGINNllro,

PROPIAl'I' 0£:SCRIBEDCIJfffAl,tt• 7..c.17 ~(~fS, MORE 00 Lm.

~

lflilH AT fll( HOftll-lWtU ca;;rllR OF SNO Tll'la lij, MIil TIUN TllUKC Alo«G ntt 1/(W'll LINE Of WD Jl!A(.11 16, 15, 14, AHD 11 ll•Bg•4rco--E, l:I09.S4 Hl'T 10 TliE NOl!Illf.A.5T COJ!Nfq OF SAID 'IMCJ H; nltrl{E AlQflG l]{f ~.AST um: Of SM!! ll1AC113 AIIOl'II~ SOlmU:ll:!'I' rHD/H:ntlll THtMOF, $,();r'47'l~·E, 667,62 U:£1 TO A ~Clrlf OIi Tiif SOtml Jllff, OF DI( NOHTl!IY!Sl II 0} THESOUTlflWSJ II OF So\10 SOCflOh 04; 111!.lil'.E Al ONG $AID S01ffil UHE H-89"Ja'Ol'•W, 33L~l FEET; nmK£ MONG mt ffORflliHlY P!!Dlr□!Oll OI'THf WT UN[ Of SAA!) TAIi.Cf l~ Nlll rnE £AST UllF. Of 5"IO TM.CT 19 S-oo'4B'-1$"•f, 6Ci1.55 f[CT TO 1111: SOUTIIWT CORNl!il 'Til~Of;TI!£11CC A\OIIG 1Ht SOI.ml UH! CF 5A1P lMCT 19 H9'J0'2r-W, l)I.4l rEETlO lHf SOUTIIY/Ul CDalllR OE $,YD TRAl;T l!I, /ll50 llWHl llit N~11!£MT i:o"NEll Of MID Tl1l,CT )1; THUl<:E MOl!G THE EMT LH« Of SAID Tt>AO 31 $,a,'.l'47'JO",E, 6~3.70 ffl:l lOA PO!lil ON lllE N~TH !'!!t.llT·Of·WAY 1.14i( Ci'tOUNIY liQ.AD 5-17 (W ~IT-Of-WM WIDlllj; Tl!l:IKE 1,l0/16 s,IJO rlOI\TH mmtHlr•WloY UlltS·M'29W•W, 1-17,50 HETTO A l'OIITT ON 11ft WIST lllfr Clf V,IDTIV!(T)l; UltNCE/lLOliti SAID WEST UllEDf{J;{Of, MiO /tlOIID nu WEST WI~ OF 51\10 TMIT H MID fl[!: tl(IMJ-l!'Rlr PD.l))fCTIOI! TIUMOf, li-00'46-Z~-w. lffl 63 ff{T TO A POINT 00 Uli!. ll'Olilll UNE OF 111[ iOlffilWBT K OF Tilt Sl)IIfi~5r II Of 5AI!> nrno.~ "1, /\UO b[ING ntE $tlllllf IHff Of 'THE HOnnMiSl lC Of HIE $0iJnfWEST K Of SJIID UCllON OI; Tl!!f!CE AtDHCiTllf 500THElllV PROJlCOON Of IBE Wf51 urrn or SMOlllACT 16, AIIDALOlfG S~ICJ WEST UM N-00°"15'>1"-W, 669.Sl un TOTI!£ PCIHJ OF BE®iNINll,

Pllfrffllll' DESl;R!IEO tOfflM~: 4<1.41 /\CMS, MO~( Im IE:!S

Alfil

!i!!!! 1,T I\ we• mo\!f RODAIW Uti' 'Ul arn,• ~f AliOJltGl,T TllE SOOntWHT COllliiR Of .IJtJO TMC"I' 21, WD POIITTMSO D[IJ{G Jl!l.llOlllllWE$T(Olllff!I Of TJiM:l 21 or 5'1,11) HOUY WU GROVE& llllllll tOMWII/YSUSCJl\ltSIDN,AAI> ~Ult ALONG 111[\Y!ST UktOFSAJDTill,l;T2211WH'O'·W,64U'9Ftl1 TO TIIE llllffl5ECllON Of ~bwtstUHEAHD

111:f SOUTH MAINTIWILO HJG!lf.llf,Wll'f Cf mJl~TIMf Dnl'J[ f'lA MM'OOOK 11, PA(:£ 100, PUBIJCntCOIIMOf P(ltl((QUlllY, llORIDA!THfHCf l!lOll(;SAJ[) SOlJTII IAAL~AINEORl(i\lT-DF-WAVTHE FOUO'N!OO TIIRH []) COUrulli: 11 N-t:1'41"$1•-f, IOCl.13 HCT; 2] J1IUICES.8')'~21•-f, 11)!;11 ffIT;Tiffll(B) U9''49'49',L', 2(1.44 fEETTO mi IN1£1Ulti10N OF $AID soum W\INTAlllfO flj(jUJ-Or-WA\' MO THE EA$T LfHE Of ~AID TIIA.CT 21; nlfNCt Iii.ONG SAio WTU~ S-00-11:"41'·1', MO.JS fHHOA S/8' ll'IOII ROOAIID CAP '18 8ll$" STAIIOIN(l Ill ll!E soontwr COitllU m !.nlDlM,CT 21, SIii!) POIHT AISO OutlG tJIE l{OJIIHEA$T COHNrnOf SA!DTMCf 271 tJIENCE AICl!G llESOUTii UPIE OF SA.!DlRAq n. /\ISO DEINO 111[ OOll111 UtiE Of $.IIJO 1llA.CT 27, N-ll'l"~f2o"-W, l16.761m TO IIIE POINT OF BEGINNl!ffl.

TIIH,!!O\I[ IJfS(~IOfO l/lllDS CmlTA!H 4.112 A.CB.ES, MDRE OR\En,

AND

M<iUl lol Ava· IRON ltO!l'NIIH CAP 'lB 11135' ~TA.lllllNG illTTIIUNl!MtmaN DI'THE WEST UNrnF SAlO TMCT 2SJ\ll!Jl!IE !{<)RIii ~IGHT-IJf.WJ,Y oroonm llOUI.CVAAD wiifNl'I Qff1Cl,l,U£C0fll)~ IIOO~ 1!N, PAGI: 101, PUOU{HECOlilll' Ol'POI.I! (OU#JY, fLOfll0/1, MO RUii A\ONG $AID WE$T UNE 11--00'U'lB'•W, 615.,IQ I EEi TOI\ Sh? f!l9II ROD MD tAP "iP 11135' STAtllltNG ATlHE ffORTIIWm CORNUI Ot WP TTIACT1:'>, µJI) PDIHT ALSO lltlllG THE SOUln'NE» 0011/ffR OH/110 TIIAIT 2t,1HHICE MONG TIIE WF.$T
ll1W Of S,\11) TRAC.-! 24 N-to'U'.ia•,w,	Sil$" }JANDING I\T TIIE INTEIISt'CliO!i QI .$Nll> 'HUT UN~ MD llff 500111 MAINTIIJN[i)

llffjlff-Of-WAY Of ronBr LAKE llRl'IE l'iR MAJ> l!OQK 17, PMil 100, ro.wc lt((OJll)5 Of FOU: W\JffiY, Fl~ lJIOICI Al.OIIG s~ $0Lml MAINTAINEO llffjlfT-0FW,W111E roU.OWIUG rnmr1a1 CCJUIIS£S: l) "..,'47'20'·£, l&S.81 HU; Tiltl!U 2]~,11!>'2'.!'34',F, SE..-51 FiET; THCN[E 31 Hlt'01'1$•.1; za,n FEET! lllENC~ (~] 5.,,•o.}'U',l',. 2G.M HU; nr.,1c1; (~~-5~'1e'D2'•f, 25 17 HIT; n!CN[f 15) !,.,«J'Jl'U'•l'.1:;.~ fEF.T; THfffC( Pl s-u·ot.M"·f, 27.U fE£T; l!IENCE {a»-(Tl'OO'.SS"-f, IH} Uff 10 111£ EAST l!Nf Qf So\lO

TAAU H: Tll[IIC£ Ai.ONG SAID lMT ur1t 5-4)0' 19'4l'•f, SSH} f[f;l TO A S/W' ~N IIOO JIND CAP 'Lij an,• STMllllllO AT Tl!CSOUIHIW.TCOR/IEROF SIJOTIIACTM, s:AIO l"Ol!IT ALSO Ill.ING lm: l«IIITHEAST (:ORNER Of SAIP TI\I\TT tS; Til<HCC Alc»tG llll wr UtiE OF .$111011L',1;T l5 5-00"19'41'.f, 616,C>I IH1 to 111E IIORTH P!ljllT-Of-W/!Y Of t.oJ!lll 00\JlCVMO WBT PER Of/IC/AL R!C:ORl:6 OOOK 1~4. PA'""' 181, PUIJUC HEC!l!t'l>S OF 1-'0lll tOUIITY, fLO~IDA; lttmtE Ill.ONG SAJD HOU11 ~IGHT-Df-WAY l/~'◄ 3'36"-W, llU1 ffETTQ TH~ ,omT o, IWIH>f!N(l,

THE AIJO'JE OCSCJ\,!0CD WlOS CDNTJ\1119.411 ACRES, MO!i! OR lB5,

10

APPENDIX TABLES

11

		Estimated	Number of Single-	
Development Phase	Estimated Start Date	Completion Date	Family Lots	

Phase 1	2017	2018		
Phase 2	2018	2019		
Phase 3	2020	2021		
				
Total				

204 100 182

486

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

lnfrastructuie 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~6t~~·~tct1JofEAt;J,d.;b·::.•.:·..·.·1  C;;l:;ll'r					
		1	1					
						,			
iesrmMA.iiol:sd>Nbs':01:ti,i:s:I{1·: t,,.'"				
l									
1..:'t':·~~ND~.~••&JJ%~~T,~T~R;jc,.•·.;,·~,.•,:~~~l·•:·•··,:;.·}}:c~..~.:~_.:c:il..··.·  , .• ,	I		
/MA  ]ER~S~E~SMENj[ ~E,;	0	1	.qt:Q~¥••~	Q~TJ/			
1									

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):

Phase 1 Bonds	Phase 2 Bonds	
Value (1}	Value (1}	
$5,277,263	$2,722,500	
$544,849	$289,463	
$924,950	$491,400	
$367,300	$275,600	
$638	$1,037	
$7,115,000	$3,780,000	
6.50%	6.50%	
30	30	
24	24	
$544,849	$289,463	
$585,859	$311,250	

Total Bonds (all

Phase 3 Bonds	Phases} Value
Value (1}	ill		
			
$4,963,187	$12,962,950		
$511,537	$1,345,849		
$868,400	$2,284,750		
$333,600	$976,500		
$3,276	$4,951		
$6,680,000	$17,575,000		
6.50%			
30			
24			
$511,537			
$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

Phase		
Phase	1	
Phase	2	
Phase	3	
Total, all Phases	

Phase		
Phase	1	
Phase	2	
Phase	3	
Total, all Phases	

	Bonds Max	Bonds Max	
	Princi~al Assmt./	Princi~al 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		

	Bonds Max Net	Bonds Max Net	Bonds Max Gross	Bonds Max	
	Annual Assmt/	Annual Assmt.l	Annual Assmt./	Gross Annual	
Planned Lots/ERUs	Category	Unit	Category (1)	Assmt./ Unit (1)	
204	$544,849	$2,671	$585,859	$2,872	
100	$289,463	$2,895	$311,250	$3,113	
182	$511,537	$2,811	$550,040	$3,022	
486	$1,345,849		$1,447,149		

(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

Community

Hill Road East

Development District

Resolution 2018-11

	RESOLUTION 2018-11											
RESOLUTION  OF  THE  BOARD  OF  SUPERVISORS						
OF  THE  HOLLY  HILL  ROAD  EAST  COMMUNITY						
DEVELOPMENT	DISTRICT	EXPRESSING		ITS						
INTENT TO UTILIZE THE UNIFORM METHOD OF						
LEVYING,  COLLECTING,  AND  ENFORCING  NON						
AD  VALOREM  ASSESSMENTS  WHICH  MAY  BE						
LEVIED   BY	THE		HOLLY	HILL   ROAD	EAST						
						DISTRICT	IN						
COMMUNITY	DEVELOPMENT									
ACCORDANCE WITH SECTION 197.3632, FLORIDA						
STATUTES;	PROVIDING	A	SEVERABILITY						
CLAUSE; AND PROVIDING AN EFFECTIVE DATE.						
WHEREAS,  the  Holly Hill  Road East Community	Development District ("District")		
								the		
was established pursuant to the provisions	of Chapter 190, Florida Statutes, which authorizes			
				
District to  levy celiain assessments  which  include  benefit  and maintenance  assessments  and		
fmiher  authorizes the District to	levy special	assessments		pursuant to	Chapter  170 and  197,		
Florida Statutes, for the acquisition, construction, or reconstruction of assessable	improvements		
						
authorized by Chapter 190, Florida Statutes;	and												
														
WHEREAS, the Board has previously	adopted Resolution 2017-12 authorizing the use		
						non-ad valorem	special		
of the Uniform Method  for the  levy,  collection and enforcement of				
assessments authorized by Section 197 .3632,	Florida Statutes,	(the "Uniform Method"), over		
										
celiain lands within the District as described		therein; and											
															
WHEREAS,  pursuant to	Ordinance No.  841	adopted by the	City  of Davenpmi	City		
Commission, the external boundaries	of	the District have since been expanded	to  include an		
								
	described in Exhibit A, attached hereto and incorporated		
additional 14.3 acres, more or less, as			
herein by reference (the "Expansion Area"); and												
WHEREAS, the District desires to use the Uniform	Method for the levy, collection and		
							Florida		
enforcement of non-ad valorem special assessments authorized by Section  197.3632,			
Statutes, for special assessments, including		benefit and maintenance assessments, over the lands		
																
described in Exhibit A; and																			

WHEREAS,  the  above  referenced	assessments  are  non-ad		
		of Section 197.3632,		
therefore, may be collected under the provisions			
			
the  State of Florida has provided	a uniform method for the levying,		
					
such non-ad valorem assessments; and				

valorem in nature and, Florida Statutes, in which collecting, and enforcing

WHEREAS,  pursuant to  Section

notice of a public hearing to be adveliised
forPolk County	four (4) consecutive weeks

197.3632,  Florida  Statutes,  the  District has

weekly in a newspaper of general circulation
prior to such hearing.

caused within

Page

1

of

6

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

THE BOARD ROAD EAST

SECTION 1.  The	Holly	Hill  Road  East  Community  Development  District  upon		
			required  by  Section	197.3632,	Florida  Statutes,	hereby		
conducting  its  public  hearing  as						
							imposed by the		
expresses its need and intent to use the uniform	method of collecting assessments			
					Florida		
District over the lands described	in	Exhibit A, as provided in Chapters 170 and  190,			
				assessments	which	may	be	collected		annually		
Statutes,  each  of which	are  non-ad  valorem										
	of Chapter 190, Florida Statutes,	for the purpose of paying	principal		
pursuant to the provisions					
						
	of its indebtedness and for the purpose of paying the cost of operating		
and interest on any and all			
and maintaining its assessable improvements.		By virtue	of the passage	of	Resolution		2017-12		
									
			intent to	use	the	uniform	method of		
and this Resolution, the District will have  expressed its							
collecting assessments imposed by the District over all the lands within	the current boundaries of		
the District, as described in Exhibit B.  The non-ad valorem assessments and the District's use of		
the uniform method of collecting	its non-ad valorem assessment(s) may continue in any given		
										method for that year is in		
year when the Board of Supervisors determines that use of the uniform			
									
the best interests of the District.																		
SECTION 2.  The	District's	Secretary is authorized to provide the Property Appraiser		
								of the State of Florida with a		
and Tax Collector of Polk County and the Department of Revenue			
copy of this Resolution and enter into any agreements	with the Property Appraiser and/or Tax		
Collector necessary to carry out the provisions	of this Resolution.											

SECTION 3.	If any provision	of this Resolution is held to be illegal	or		
					
provisions shall remain in full force and effect.			
SECTION 4.	This Resolution	shall become effective upon its passage		
					
in effect unless rescinded or repealed.				

invalid, the other

and shall remain

PASSED

AND

ADOPTED

this

16

th

day

of

May, 2018.

ATTEST:

HOLLY HILL ROAD EAST	COMMUNITY		
			
DEVELOPMENT DISTRICT		

Secretary/ Assistant Secretary

Chairperson,

Board

of

Supervisors

Exhibit A:

Exhibit B:

Legal

Legal

Description

Description

of of

Expansion Area

Holly Hill Road Each Community Development District

Page

2

of

6

LEGAL

EXHIBIT A DESCRIPTION OF EXP ANSI ON AREA

Page

3

of

6

									EXHIBIT B																
	LEGAL DESCRIPTION OF HOLLY HILL ROAD EAST COMMUNITY						
								DEVELOPMENT DISTRICT													
BEGIN  AT THE NORTHWEST CORNER OF SAID TRACT 29, AND RUN THENCE	ALONG THE NORTH LINE		
							BEING		
THEREOF S-89°53'06"-E,326.18	FEET TO THE NORTHEAST CORNER THEREOF, SAID PONT	ALSO			
THE SOUTHWEST CORNER	OF	SAID TRACT 21; THENCE ALONG THE WEST LINE OF	SAID TRACT	21 N-		
							
00025'33"-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		
							THE		
OF  POLK  COUNTY,  FLORIDA:	THENCE  ALONG  SAID  SOUTH	MAINTAINED	RIGHT-OF-WAY	LINE			
																	
																						FEET;		
FOLLOWING THREE (3) COURSES:	1) S-89°49'04"-E,95.08	FEET; THENCE 2) S-88°09'06"-E,71.24				
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-		
																
												SAID  POINT  ALSO  BEING  THE		
00023'18"-E, 638.91	FEET	TO	THE  SOUTHEAST		CORNER  THEREOF,			
																						
NORTHWEST CORNER  OF	SAID TRACT  27;	THENCE  ALONG THE  NORTH  LINE  OF	SAID TRACT		27  S-		
89053'06"-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		
																		
									FEET; THENCE 2) S-89°59'30"-E,139.69	FEET		
FOLLOWING TWO	(2)	COURSES:	1) S-89°36'39"-E,187.39				
TO  A  POINT ON THE	EAST	LINE	OF SAID TRACT	23;  THENCE  DEPARTING  SAID SOUTH	MAINTAINED		
											
															FEET TO THE		
RIGHT-OF-WAY LINE, AND ALONG	THE EAST LINE	OF SAID TRACT 23	S-00°23'04"-E,634.92			
											CORNER OF SAID TRACT 26;		
SOUTHEAST CORNER THEREOF, SAID POINT ALSO BEING THE NORTHEAST			
								ON THE		
THENCE  ALONG THE	EAST		LINE	OF SAID TRACT		26 S-00°22'59"-E,635.38	FEET TO	A POINT			
													
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		
															
							667, AND PER O.R. BOOK 781, PAGE 696, ALL IN THE		
781, PAGE 709, AND	PER O.R. BOOK 781,	PAGE			
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		
					TO A POINT ON THE		
SOUTH LINE OF SAID TRACTS 12, 13, 14, 15 AND 16 N-89°20'55"-W,1628.90	FEET			
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		
						-E,		
TRACT 16; THENCE ALONG THE  NORTH  LINE OF	SAID	TRACTS 16, 15,	14, 13 AND 12, S-89°34'47"			
						
1626.84 FEET TO THE POINT OF BEGINNING.											

PROPERTY DESCRIBED CONTAINS:

24.17

ACRES,

MORE

OR

LESS.

Page

4

of

6

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		
					FEET;		
SOUTHWEST¼	OF SAID SECTION	04;	THENCE ALONG SAID SOUTH  LINE N-89°38'02"-W,331.52			
							
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"		
													
					32; THENCE ALONG SAID WEST LINE		
W, 647.50	FEET TO A POINT ON THE WEST LINE OF SAID TRACT			
														
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		
SOUTHWEST ¼	OF SAID SECTION	04,  ALSO  BEING THE SOUTH	LINE			OF	THE  NORTHWEST	¼	OF THE		
																
												PROJECTION OF THE WEST LINE		
SOUTHWEST¼	OF SAID SECTION	04;		THENCE ALONG THE SOUTHERLY			
								POINT	OF		
OF  SAID  TRACT  16,  AND  ALONG  SAID  WEST  LINE  N-00°45'52"-W, 669.51  FEET  TO  THE				

-

BEGINNING.

PROPERTY DESCRIBED

CONTAINS:

44.47

ACRES,

MORE

OR

LESS

BEGIN AT A 5/8"	IRON ROD AND	CAP "LB	8135" STANDING	AT THE SOUTHWEST CORNER OF SAID TRACT		
										HILL GROVE &		
22, SAID  POINT ALSO  BEING THE  NORTHWEST CORNER OF TRACT 27 OF SAID  HOLLY			
	N-00°23'47"-W,		
FRUIT	COMPANY SUBDIVISION,	AND RUN ALONG THE WEST LINE OF SAID TRACT 22			
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)		
																				20.44		
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,			
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		
												SAID		
RECORDS BOOK	794,	PAGE 787,	PUBLIC	RECORDS OF POLK COUNTY, FLORIDA, AND	RUN ALONG			
								
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		
													FEET TO A 5/8"		
TRACT 24:	THENCE ALONG THE WEST LINE OF SAID TRACT	24 N-00°22'38"-W,640.57			
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		
												
															THENCE 3) S-		
EIGHT (8) COURSES; 1) N-89°47'20"-E,165.81 FEET; THENCE	2)S-89°23'34"-E,56.51 FEET;			

Page

5

of

7

84°02'15"-E,28.73 FEET: THENCE (4) S-69°03'33"-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-22°07'34"-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, SAID POINT ALSO  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

Page

6

of

6

Holly

Community

Hill Road East

Development District

Resolution 2018-12

		RESOLUTION 2018-12			
A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE HOLLY		
HILL   ROAD   EAST   COMMUNITY   DEVELOPMENT   DISTRICT		
APPROVING  PROPOSED  BUDGETS  FOR  FISCAL  YEAR  2018/2019;		
DECLARING  SPECIAL  ASSESSMENTS  TO  FUND  THE  PROPOSED		
BUDGETS  PURSUANT  TO  CHAPTERS  170,  190  AND  197,  FLORIDA		
STATUTES;SETTINGPUBLICHEARINGS;ADDRESSING		
PUBLICATION; ADDRESSING SEVERABILITY; AND PROVIDING AN		
EFFECTIVE DATE.				
WHEREAS, the District Manager has heretofore prepared and submitted	to the Board of		
			
Supervisors  ("Board")	of	the  Holly  Hill	Road  East  Community  Development  District		
						
("District") prior to June 15, 2018, proposed budgets ("Proposed Budget") for the fiscal year		
beginning October 1, 2018 and ending September 30, 2019 ("Fiscal Year 2018/2019"); and		

WHEREAS,  it	is  in the  best  interest  of the		
operations services (together, "Services") set forth in		
assessments pursuant to Chapters 170, 190 and 197,		
f01ih in the preliminary	assessment roll included within		

District to  fund  the  administrative	and		
			
the Proposed Budget	by levy of	special		
		as	set		
Florida Statutes ("Assessments"),				
the Proposed Budget; and				

WHEREAS, the District hereby determines that benefits would accrue to the properties		
within the District, as outlined	within the Proposed Budget,	in an amount equal to or in excess	of		
					
			allocated as set forth		
the Assessments, and that such Assessments would be fairly and reasonably			
				
in the Proposed Budget; and							
WHEREAS, the Board has considered the Proposed Budget, including the Assessments,		
hearingspublic	thereon;					
and desires to set the required							
NOW,   THEREFORE,   BE   IT   RESOLVED   BY   THE   BOARD   OF			
SUPERVISORS  OF  THE  HOLLY  HILL  ROAD  EAST  COMMUNITY			
DEVELOPMENT DISTRICT:						

1.	PROPOSED	BUDGET APPROVED.  The Proposed		
					hereto as Exhibit		
District Manager for Fiscal Year 2018/2019 attached			
	hearingpublic	to adopt	said Proposed Budget.		
the basis for conducting						

Budget prepared by the		
A is hereby approved	as		

2.	DECLARING  ASSESSMENTS.	Pursuant	to	Chapters  170,	190  and  197,		
				Services	in the	total estimated		
Florida Statutes,	the Assessments shall defray the cost	of the					
							
amounts set	fo1ih	in the Proposed	Budget.  The nature of, and plans and specifications for, the		
Services to be funded	by the Assessments are described in the Proposed Budget, all of which are		
on  file  and  available  for  public  inspection  at  the  "District's  Office,"  313  Campus  Street,		
Celebration, Florida 34747.  The Assessments shall be levied within the District on all benefitted		
lots  and  lands,  and  shall	be  app01iioned,  all  as	described	in  the  Proposed  Budget  and the		
								
preliminary assessment roll included therein.  The preliminary assessment roll is also on file and		
available for public inspection at the District's Office.	The Assessments shall be paid in one		

more installments pursuant to a bill issued by the District in Chapter 170, Florida Statutes, or, alternatively, pursuant to Chapter 197, Florida Statutes.

November of 2018, and

the Uniform Method as

pursuant to set forth in

3.	SETTING  PUBLIC HEARINGS.	
Florida  Statutes, public hearings  on the  approved	
hereby declared and set for the following date, hour	

Pursuant to Chapters 170, 190, and 197, Proposed Budget and the Assessments are and location:

DATE: HOUR: LOCATION:

July 18, 2018

10:45 a.m.
Offices of Cassidy Homes

346 East Central A venue

Winter Haven, Florida 33880

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

5.	POSTING OF PROPOSED		
Florida  Statutes,  the  District's	Secretary  is		
			
Budget on the District's website at least two		
Section 3, and shall remain on the website for		

BUDGET.	In accordance	with Section 189.016,		
							
further  directed  to  post  the  approved  Proposed		
days before the budget hearing	date	as	set forth in		
					
at least 45 days.						

6.	PUBLICATION OF NOTICE.	The District shall		
				
published once a week for a period	of two weeks in a newspaper	of		
				
		of the public hearings	shall		
in Polk County.   Additionally,	notice				

prescribed in Florida law.							

cause this Resolution to be general circulation published be published in the manner

7. provisions portions of

SEVERABILITY.	The  invalidity	
of this  Resolution shall  not  affect the	
this Resolution, or any part thereof.	

or  unenforceability	of	any		
validity  or enforceability	of		

one	or  more	
the	remaining	

8.	EFFECTIVE  DATE.	

adoption.

This  Resolution  shall  take  effect  immediately  upon

PASSED AND ADOPTED THIS 16th DAY OF MAY, 2018.

ATTEST:

HOLLY HILL ROAD EAST COMMUNITY DEVELOPMENT DISTRICT

By:

------------

Secretary

Its:

-------------

Revenues

On-Roll Assessments

Developer Contributions

Inter-Governmental Revenue (North Blvd COD)

Net Revenues

General & Administrative Exgenses

Supervisor Fees

D&O Insurance

Trustee Services

Management

Engineering

Dissemination Agent

CounselDistrict

Audit

Travel and Per Diem

Telephone

Postage & Shipping

Copies

Legal Advertising

Bank Fees

Miscellaneous

Web Site Maintenance

Dues, Licenses, and Fees

Aquatic Contract

Total General & Administrative Expenses

Holly Hill Road	East CDD								
FY 2019 Proposed O&M Budget								
	YTD Actual		Anticipated		Anticipated		FY 2018		FY 2019		
	Through		04/2018 ·	Total FY 2018		Adopted		Proposed		
	03/31/2018		09/2018				Budget		Budget		
$		$		$		$		$	142,800.00		
											
	59,450.00		119,225.00		178,675.00		180,000.00		72,200.00		
									25,000.00		
$	59,450.00	$	119,225.00	$	178,675.00	$	180,000.00	$	240,000.00		
$	5,000.00	$	1,000.00	$	6,000.00	$	6,000.00	$	6,000.00		
											
	2,250.00				2,250.00				2,800.00		
			6,000.00		6,000.00		6,000.00		6,000.00		
	10,000.02		9,999.98		20,000.00		20,000.00		20,000.00		
	1,377.50		13,622.50		15,000.00		15,000.00		15,000.00		
			5,000.00		5,000.00		5,000.00		5,000.00		
	11,032.35		13,967.65		25,000.00		25,000.00		25,000.00		
	2,000.00		4,000.00		6,000.00		6,000.00		6,000.00		
			500.00		500.00		500.00		500.00		
	8.44		191.56		200.00		200.00		200.00		
	62.94		237.06		300.00		300.00		300.00		
	196.35		303.65		500.00		500.00		500.00		
	1,823.57		6,176.43		8,000.00		8,000.00		8,000.00		
							250.00		250.00		
			1,100.00		1,100.00		1,100.00		1,100.00		
	2,750.00		150.00		2,900.00		2,900.00		2,900.00		
	175.00				175.00		250.00		250.00		
			12,000.00		12,000.00		12,000.00				
$	36,676.17	$	74,248.83	$	110,925.00	$	109,000.00	$	99,800.00		

Field Exgenses

General Insurance

Irrigation

Landscaping Maintenance & Material

Landscaping Improvements - Mulch & Flowers

Fertilization

Contingency

Streetlights

Total Field Expenses

Cabana & Pool Exgenses

Security

Maintenance Staff

Contingency

Electric

Cabana Electric

Pool Electric

Cable Television

Property & Casualty

Equipment Repair & Maintenance

Pest Control

Signage & Amenities Repair

Swimming Pools

Pool and Cabana Water

Total Cabana & Pool Expenses

$	2,750.00	$		$	2,750.00	$	6,000.00	$	3,100.00		
											
									1,000.00		
			65,000.00		65,000.00		65,000.00		47,164.00		
									9,720.00		
									5,616.00		
									5,473.00		
									9,792.00		
$	2,750.00	$	65,000.00	$	67,750.00	$	71,000.00	$	81,865.00		
											
$		$		$		$		$	7,000.00		

									8,750.00		
									5,192.00		
									11,083.00		
									1,167.00		
									2,188.00		
									525.00		
									3,500.00		
									2,042.00		
									583.00		
									438.00		
									11,200.00		
									4,667.00		
$		$		$		$		$	58,335.00		

Total Expenses

Net Income (Loss)

$ $

39,426.17

20,023.83

$ $

139,248.83

(20,023.83)

$ $

178,675.00

$ $

180,000.00

$ $

240,000.00

Development Phase	
Phase	I	
Phase	I	
Phase 2 (unplatted acreage)	
Totals		

	Holly Hill Road East COD					
	Proposed FY 2018-2019 O&M Assessments				
			~	Gross COD			
	Net O&M	Net O&M	COD O&M				
Lot	Assmt. per	Assmt. per	Assmt.	Bond Debt Total Gross COD		
Count	Phase	Lot/Acre	Per Lot*	Assessment*	Assessment*		
198	$138,600	$700.00	$752.69	$1,394.47	$2,147.16		
6	$4,200	$700.00	$752.69	$1,182.97	$1,935.66		
68	$72,200	$1,065.84					
	$215,000						

*Gross assessments

include a 8.0%

gross-up

to

account for the fees

and

costs

of collecting assessments

on

the county tax roll.

'272704722000040130 272704722000040170 272704722000040190

Total Per Engineers Report

Unplatted

Acreage 19.64 19.06 4.96 43.66 111.4 67.74

$721.65	1134.185567	

Holly Hill Road East CDD

FY 2018-2019 Debt Service Budget

Series 2017 Special Assessment Bonds

			FY 2018-2019	
			Proposed	
			Budget	
REVENUES:			
Special Assessments Series 2017	$	359,163.75	
TOTAL REVENUES	$	359,163.75	
EXPENDITURES:			
Series 2017	- Interest 11/01/2018		$96,796.25	
Series 2017	- Principal 05/01/2019		$70,000.00	
Series 2017	- Interest 05/01/2019		$96,796.25	
TOTAL EXPENDITURES	$	263,592.50	
EXCESS REVENUES	$	95,571.25	
Series 2017 - Interest 11/01/2019	$	95,571.25	

Holly

Hill

Road

East

Community

Development District

Acquisition

of

Common

Areas

(Citrus

Isle)

PREPARED

BY

AND RETURN TO:

Jason E. Merritt, Esquire

HOPPING GREEN & SAMS, P.A.

119 South Monroe Street, Suite 300

Tallahassee, Florida  32301

		SPECIAL WARRANTY DEED							
THIS SPECIAL WARRANTY	DEED is executed	as of	this ___ day	of May, 2018,		
		company, whose address is 3000	Bayport		
by EAST TENTH, LLC,	a Florida limited liability				
								HOLLY		
Drive, Suite 745, Tampa, Florida 33607 (hereinafter called the "grantor"), in favor of			
HILL ROAD EAST COMMUNITY DEVELOPMENT DISTRICT,	a local unit of special-		
purpose  government,  whose	address  is  12051  Corporate	Boulevard,  Orlando,	Florida	32817		

												
(hereinafter called the "grantee").											
[Wherever used herein,  the tenns  "grantor"  and "grantee"  shall					
include  the  singular  and  plural,  heirs,	legal	representatives,					
successors  and  assigns	of individuals,	and  the	successors  and					
										
assigns of corporations,	as the context	requires.]							

WIT

NE

S S

ETH:

That  the  grantor,  for  and  in  consideration	of the  sum	of $10.00	and  other  valuable		
consideration, receipt whereof is hereby acknowledged, hereby grants,  bargains,  sells,  aliens,		
remises, releases,  conveys and confirms unto the grantee, all that certain land situate in Polk		
County, Florida, fmther described	in Exhibit A attached hereto.				

Subject reference hereto

to	restrictions,  covenants,	conditions  and  easements,		
			same.		
shall not be deemed to reimpose			

of

record;  however,

TOGETHER with all the tenements, hereditaments and appurtenances thereto belonging		
or in anywise appe1taining.				
TO HAVE AND TO HOLD, the same in fee simple forever.			
AND the grantor hereby covenants with said grantee that the grantor	is lawfully seized of		
said land in fee simple; that the grantor has good right and lawful authority to sell and convey		
said land; and hereby wmrnnts the title to said land and will defend the same against the lawful		
claims of all persons or entities	whomsoever claiming by, through or under grantor.		

Grantor represents that grantor has complied with the requirements Florida Statutes.

of

Section

196.295,

Note to Recorder:	This deed conveys	unencumbered property to a local	
taxable consideration.  Accordingly, pursuant to Rule 12B-4.014, F.A.C.,	
being paid hereon.			

unit only

of special minimal

-purpose government for no documentary stamp tax is

IN WITNESS WHEREOF, year first above written.

the grantor has hereunto set its hand and seal the day and

Signed, sealed and delivered in the presence of:

EAST TENTH, LLC, liability company

a Florida limited

Witnesses:

By:

Wayne Watters, Manager

Name:

--------------

Name:

--------------

ST ATE OF FLORJDA	_						
COUNTY OF ______							
							
The foregoing instrument was acknowledged before	me this __ day	of May, 2018,		
		limited liability company,  on		
Wayne  Watters,  as  Manager of East Tenth,  LLC,	a Florida			
					
behalf.							
		Signature	of Notary Public			
(SEAL)							
		Name of Notary Public			
		(Typed, Printed or Stamped)		

by its

Personally

Known

____

OR

Produced

Identification

____

_

Type

of

Identification Produced:

___________

_

2

EXHIBIT A LEGAL DESCRIPTION

TRACTS

A,

B,  C,  D,  E,  F,

G,

H,  J,  and

K,

TOGETHER  WITH  "CITRUS  ISLE  LOOP",

"CITRUS  ISLE  BOULEY ARD",  "CITRUS  ISLE  DRIVE"  and  "CITRUS  ISLE  STREET",		
CITRUS ISLE, ACCORDING TO THE PLAT THEREOF AS RECORDED IN PLAT	BOOK		
			
166, PAGE 44 OF THE PUBLIC RECORDS OF POLK COUNTY, FLORIDA.			

3

PREPARED BY AND RETURN TO:

Jason E. Merritt, Esquire
HOPPING GREEN & SAMS, P.A.

119 South Monroe Street, Suite 300

Tallahassee, Florida  3230 I

LIMITED LIABILITY COMP ANY

AFFIDAVIT FOR DEED

ST ATE OF FLORIDA
COUNTY OF ______

) ) )

I,	Wayne Watters, on being duly sworn, state:									
1.	I am the Manager of EAST TENTH,	LLC, a Florida limited liability company (the		
											
"Company").												
2.	There has been no dissolution	of the Company resulting from transfers of interests		
												
in the Company or otherwise.												
3.	On behalf of the Company,	I am authorized	to transfer, convey, exchange, assign,		
					more particularly described on the		
mortgage or otherwise deal with or dispose of the property			
					
attached Exhibit "A" (the "Property") or any interests therein.					
4.	On behalf of the Company,	I	am authorized	to	execute, acknowledge and deliver		
instrnments of any kind that are necessaiy, convenient or incidental to the transfer of any interest		
in real property owned or controlled by the Company.									
5.	On behalf of the Company,	I acknowledge	this affidavit may be relied upon by the		
							for	the  purpose  of		
Holly  Hill  Road  East  Community  Development  District  (the  "District")				
				
acquiring the Property and specifically consent to such reliance by the District.			
	Affiant										
	The foregoing was sworn and subscribed	before me this __	day	of May, 2018 by		
										
Wayne Watters.												
			My Commission Expires:				
			Serial No.	----				
									OR produced		
			Personally known ___			
Notary Public, State of Florida at Large		identification				
		Identification produced				

Exhibit A

LEGAL DESCRIPTION

TRACTS A, B, C, D, E, F, G, H, J, and K, TOGETHER	WITH "CITRUS ISLE		
"CITRUS ISLE BOULEVARD", "CITRUS ISLE DRIVE" and "CITRUS ISLE		
CITRUS ISLE, ACCORDING TO THE PLAT THEREOF AS RECORDED IN		
166, PAGE 44 OF THE PUBLIC RECORDS OF POLK COUNTY,	FLORIDA.		

LOOP", STREET", PLAT BOOK

Prepared by and return to:

Jason

E.

Merritt, Esquire

Hopping Green & Sams, P.A.

119 South Monroe Street, Suite 300

Tallahassee, FL  3230 I

PARTIAL RELEASE OF MORTGAGE AND SECURITY AGREEMENT

MORTGAGOR:	EAST TENTH, LLC, a Florida limited liability company			
MORTGAGEE:	PULTE HOME COMPANY, a Michigan limited liability company		
This Partial Release of Mortgage	and Security Agreement ("Partial Release") executed		
		and holder of		
given this day and year set forth below by the undersigned, who is the owner			
			
mortgage and deposit promissory note secured thereby.			

and the

RECITALS:

A.	East Tenth, LLC,  a Florida limited liability company (herein referred to  as the

"Mortgagor"), by a Mortgage and Security Agreement dated September 18, 2017, and recorded in		
BookOfficial Records	10264,	Page 228, all of	the Public Records of Polk County, Florida	(herein		
						
together  with any  and  all  modifications  collectively the  "Mortgage")  granted to  Pulte  Home		
Company, a Michigan limited liability company (herein referred to as the "Mortgagee"), and its		
successors and assigns, a lien and security interest in and to the real and personal property (herein		
"Mortgaged Premises") therein more particularly described.			

B.	The Mortgagor has requested the Mortgagee to release the premises hereinafter

described,

being part

of

said Mortgaged Premises,

from the

lien and

operation

of

said Mortgage.

NOW THEREFORE, in consideration of the premises and		
($10.00), to it in hand paid by, or on behalf	of, the Mortgagor at the time		
			
receipt whereof is hereby acknowledged, the Mortgagee hereby agrees		

of the sum of Ten Dollars of the execution hereof, the and directs as follows:

(1)

The above Recitals

are true and

conect

and are incorporated herein by reference.

(2)	That certain portion	of the Mortgaged Premises		
					
particularly  described  below  (herein "Released Property")		
discharged from the lien and operation	of said Mortgage:		

encumbered by said Mortgage, more is hereby released, exonerated and

See Exhibit A attached hereto and incorporated by reference.

Page

1

of

3

(3)	Nothing herein contained shall in anywise impair, alter or diminish the effect, lien or
encumbrance of the aforesaid	Mmigage on the remaining	part of said Mortgaged Premises,	not		
					
			of the holder of the Mmigage.			
	of the rights and remedies				
anyor					
hereby released therefrom,							
IN WITNESS WHEREOF, the said Mmigagee has hereunto set its hand and seal this		
___ day of May, 2018.							
	PULTE  HOME  COMP ANY,	a  Michigan		
	limited liability company				

Printed Name:

Witness

-----------

By: ______________	_		
			
Print Name:			
------------		
As its:			
--------------		

Printed Name:

Witness

-----------

STATE

OF

------

COUNTYOF	----							
								
The foregoing instrument was acknowledged	before me this ____ day of ____	_		
				
		a Michigan limited		
2018, by __________, as _____ of Pulte Home Company,			
liability company, on its behalf.	He/She L_] is personally known to me or L_] produced		
		as identification.				
---------------					

(SEAL)

Signature of Notary Public

Name of Notary Public

(Typed, Printed or Stamped)

2

of3

Exhibit A

TRACTS A, B, C, D, E, F,

G,

H,

J,

and K,

TOGETHER

WITH

"CITRUS ISLE LOOP", "CITRUS

ISLE BOULEVARD", "CITRUS ISLE DRIVE" and "CITRUS ISLE STREET", CITRUS ISLE,

ACCORDING

TO

THE

PLAT THEREOF AS

RECORDED

IN

PLAT

BOOK

166,

PAGE

44 OF

THE

PUBLIC RECORDS

OF

POLK

COUNTY, FLORIDA.

3

of

3

OWNER'S AFFIDAVIT

STATE OF FLORIDA
COUNTY OF ______

) ) )

BEFORE ME,  the  undersigned authority,  personally  appeared Wayne  Watters  ("Affiant")	as		
			
Manager	of East Tenth, LLC, a Florida	limited liability company, whose address is 3000 Bayport		
Drive, Suite 745, Tampa, Florida 33607, who after first being duly sworn	deposes and states as		
				
follows:						

That Affiant knows of his own knowledge	that EAST TENTH, LLC ("Owner")	is		
				
the fee simple title in and to certain lands located in Polk County, Florida described		

the owner as follows:

of

See

attached

Exhibit A

That the above described land together with all improvements thereon ("Property") is free and		
clear  of all  liens,  taxes,	encumbrances  and	claims	of	every  kind,  nature  and  description		

whatsoever.																	
Affiant knows of no facts by reason of which the title to, or possession	of, the Prope1iy might be		
disputed or questioned, or by reason	of which any claim	to any part	of the Property	might be		

asserted adversely.																	
That there are no mechanic's or materialman's or laborer's liens against the  above described		
Prope1iy, nor any pmi thereof,  and that no  contractor,  subcontractor,  laborer or materialman,		
engineer, land engineer, or surveyor has any lien against said Property, or any part thereof.		
That within the past ninety (90) days, the Owner has not made any improvements, alterations or		
repairs to the above described Prope1iy for which costs thereof remain unpaid, and that within		
the past ninety (90) days there have been no claims for labor or material furnished for repairing		
or improving the same at the instance	of the Owner which remain	unpaid.				

That no proceedings in bankruptcy or receivership have ever been instituted by or against the		
Owner, nor has Owner ever made an assignment	for the benefit of its creditors.				
										
Affiant knows of no action	or proceeding relating to the Property, which is now pending in any		
										nor does Affiant know of any		
state or federal comi in the United States affecting the Property,			
state or federal judgment or any federal	lien of		any kind or nature	that now constitutes a lien or		

charge upon the Property.																	
Affiant knows of no  unrecorded	easements, liens, or assessments for sanitary sewers, streets,		
roadways, paving, other public utilities or improvements against the Property, nor are there any		
special assessments or taxes which	are not shown as existing liens by the public	records.		

Affiant further states that		
provided by the  laws	of		
			
instrument of this nature.		
Affidavit and understands		

he is familiar with the		nature	of an oath and with	the		
						
				to  statements		
the  State  of Florida	for	falsely  swearing			
				set		
			that he	has read the full facts			
Affiant further certifies					
					
its content and context	to be correct in all respects.			

penalties as made in an forth in this

DATED:	May __, 2018

The foregoing instrument was		
2018, by Wayne Watters	as Manager		
			
its behalf.			
(SEAL)			

sworn of East

to and Tenth,

Wayne Watters

subscribed before me this __ day of May, LLC, a Florida limited liability company, on

Signature of Notary Public

Personally

Known

___

_

OR

Produced

Name of Notary Public

(Typed, Printed or Stamped)
Identification -----

Type of Identification Produced:

____________

_

Exhibit A			
LEGAL DESCRIPTION			
TRACTS  A,  B,  C,  D,  E,  F,  G,  H,  J,  and  K,  TOGETHER	WITH  "CITRUS  ISLE  LOOP",		
			
"CITRUS  ISLE  BOULEYARD",  "CITRUS  ISLE  DRIVE"  and  "CITRUS  ISLE  STREET",		
CITRUS ISLE, ACCORDING TO THE PLAT THEREOF AS RECORDED IN PLAT BOOK		
166, PAGE 44 OF THE PUBLIC RECORDS OF POLK COUNTY, FLORIDA.		

					OF	BILL		SALE															
KNOW ALL MEN BY THESE PRESENTS, that EAST TENTH, LLC	a Florida limited		
liability company ("Seller"),	and in consideration	of the sum	of	Ten Dollars	($10.00) and other		
						Hill Road  East		
valuable  consideration,  which	has	been  or will  be  paid to  it  by the	Holly			
									
			a	local	unit	of	special	-purpose	government  established		
Community  Development	District,									
									bargained, sold, transferred		
												has granted,			
pursuant to Chapter 190, Florida Statutes ("District"),				
and  delivered,  and  by these  presents  does  grant,  bargain,  sell,  transfer,  and  deliver unto  the		
District, its successors and assigns, the following described prope1iy, assets and rights, to wit:		
1.	Any	drainage	improvements	or		stormwater	management		systems,		
				lakes,	ponds,		fountains,	water		control		
	including	but	not	limited  to									
	structures,  pipes  and  other water		conveyance		structures,	as	well  as  all		
																				
	catch-basins and related stormwater facilities (including without limitation		
	curbs, gutters and inlets), located within the property described	on	Exhibit		
								
	A;							shrubbery, and other landscaping located within		
2.	Any plants, trees, timber,			
		Exhibit	A;																	
	the property described on																			
3.	Any  entry  monuments	and  other hardscape  features  located  within the		
					A;																			
	prope1iy described on Exhibit														within  the		
						improvements	located			
4.	All	streets,	roads,	and	associated					
																						
	property described on Exhibit	A.																			
																						
TO  HAVE AND  TO HOLD	all	of	the foregoing  unto	the	District,	its	successors and		
						from  any  and  all		
															of		and			
assigns,  for  its  own  use  forever,  free  and  clear  and  discharged						
										
obligations, claims or liens.																											
AND the Seller does hereby covenant to and with the District, its successors and assigns,		
that it is the lawful owner	of the above-described personal	property and assets; that said personal		
															
property and assets are free from all liens and encumbrances; that Seller has good right to sell		
said  personal	prope1iy	and	assets;	that  all	contractors,  subcontractors	and	material  men		
furnishing labor or materials relative to the construction	of the personal property and assets have		
					of its said personal	property and		
been paid in full; and that Seller will waiTant		and defend the sale				
						
assets hereby made, unto the District, its successors and assigns, against the lawful claims and		
demands of all persons whosoever.																									

[REMAINDER OF PAGE INTENTIONALLY LEFT BLANK]

the day Signed,

IN WITNESS WHEREOF Seller

and year above-written effective

sealed and delivered by:

has caused this as of May_,

Bill of Sale to be signed in its name on 2018.

Witnesses	EAST TENTH, LLC,	
	a Florida limited liability company	

Signature: _________		
Printed Name:	--------		
			
Signature: _________		

By:

Wayne Watters

Its Manager

Printed Name:

--------

STATE

OF

FLORIDA

COUNTY

OF

______

_

THE FOREGOING INSTRUMENT was acknowledged before me this day by Wayne		
Watters, as Manager of East Tenth, LLC, a Florida limited liability company,	to me known to be		
the person who signed the foregoing instrument and who acknowledged the execution thereof to		
be his/her free act and deed for the uses and purposes therein mentioned.  He _	has produced		
satisfactory evidence with an identification	or_ is personally known to me.				

WITNESS my hand and official

NOTARY PUBLIC

Commission Expiration

seal,

this

___

day

of

May, 2018.

(SEAL)

Exhibit A -  Legal Description

Exhibit A - Legal Description		
TRACTS  A,  B,  C,  D,  E,  F,  G,  H,  J,  and K,  TOGETHER	WITH  "CITRUS  ISLE  LOOP",		
			
"CITRUS  ISLE  BOULEVARD",  "CITRUS  ISLE  DRIVE"  and  "CITRUS  ISLE  STREET",		
CITRUS ISLE, ACCORDING TO THE PLAT THEREOF AS RECORDED IN PLAT BOOK		
166, PAGE 44 OF THE PUBLIC RECORDS OF POLK COUNTY, FLORIDA.		

PREPARED

BY

AND RETURN TO:

Jason E. Merritt, Esquire						
HOPPING GREEN & SAMS, P.A.						
119 South Monroe Street, Suite 300						
Tallahassee, Florida  32301						
NON-EXCLUSIVE ASSIGNMENT OF EASEMENTS		
THIS ASSIGNMENT OF EASEMENTS	is executed as of this ___ day of May,		
		company,  whose  address  is  3000		
2018,  by EAST TENTH, LLC, a Florida limited liability			
		called "Assignor"),  in favor of		
Baypmi Drive,  Suite 745, Tampa, Florida 33607  (hereinafter			
		DISTRICT, a local unit of		
HOLLY HILL ROAD EAST COMMUNITY DEVELOPMENT			
special purpose govemment organized under Chapter  190, Florida Statutes, whose address  is		
12051 Corporate Boulevard, Orlando, Florida 32817 (hereinafter called "Assignee").		

WITNESS

ETH:

That  Assignor,  for	and		in  consideration	of the  sum	of	$10.00  and  other  valuable		
					grants, transfers, and assigns to		
consideration, receipt whereof	is		hereby acknowledged, hereby			
									
			on	Exhibit A attached hereto.						
Assignee the easements described								
										
This Assignment of	Easements	shall be for the use and benefit	of both Assignee and its		

successors and assigns.													
The  easement rights  granted  and  assigned  herein  are  not	exclusive	to  Assignee,  and		
Assignor shall be permitted	to continue its use of	said easements,	so long as	such use does not		
			use	of said easements.						
unduly interfere with Assignee's								

IN WITNESS WHEREOF, first above written.

Assignor has hereunto set its hand and seal the day and year

[SIGNATURES BEGIN ON FOLLOWING PAGE]

1

Signed, sealed and delivered in the presence of:

Witnesses:

EAST	TENTH,  LLC,  a  Florida  limited

liability company

(Signature)		
Name:	--------------		

Name:  Wayne Watters

Title:	Manager

(Signature)

Name:

--------------

STA TE OF FLORIDA		
COUNTY OF	------		
			
The foregoing instrument		
by Wayne Watters as Manager		
behalf.			

(SEAL)

was acknowledged before me this ___	day	of  May,		
of East Tenth, LLC, Florida	limited liability company,		

Signature of Notary Public

Name of Notary Public

(Typed, Printed or Stamped)

2018, on its

Personally Known ____	OR  Produced Identification	_____		
				
		______________________		
Type of Identification Produced:			

_

2

EXHIBIT "A"			
LEGAL DESCRIPTION			
THOSE CERTAIN DRAINAGE & ACCESS FOR MAINTENANCE	EASEMENTS AS MORE		
			
PARTICULARLY DEPICTED ON THE PLAT OF CITRUS ISLE, AS RECORDED IN PLAT		
BOOK 166, PAGE 44 OF THE PUBLIC RECORDS OF POLK COUNTY, FLORIDA.		

3

Holly

Community

Hill Road East

Development District

Agreement Between

Creative

Association Services, Inc.

and

the

District

for

Landscape

Maintenance

Services

AGREEMENT BETWEEN CREATIVE ASSOCIATION SERVICES, INC. AND		
HOLLY HILL ROAD EAST	COMMUNITY DEVELOPMENT	DISTRICT		
				
		SERVICES			
FOR LANDSCAPE MAINTENANCE				

THE

"Date

This Agreement of Agreement") by

(" Agreement") is made and entered	into this		
			
and between:			

16th

day

of

May, 2018 (the

Holly Hill Road East Community	Development District, a local		
					
purpose government established pursuant to Chapter 190, Florida		
situated in the  City of Davenport,	Florida,  and  whose  mailing		
Fishkind & Associations, Inc.,  12051  Corporate Blvd.,	Orlando		
			
(the "District"); and					

unit of special-	
Statutes,	being	
address	is  c/o	
Florida 32817	

Creative  Association  Services,	Inc.,	a  Florida  corporation,	with		
					
address	of 346 East Central	Avenue, Winter Haven, Florida 33880		
							
"Contractor", together with District the "Parties").			

a mailing (hereinafter

		RECITALS					
	WHEREAS, the District is a local unit of special	-purpose government established pursuant		
			of 1980,  as  codified in  Chapter  190,		
to	the  Uniform  Community Development District Act			
Florida Statutes (the "Act"), by ordinance adopted by the Board	of City Commissioners of the		
			
City of Davenp01i, Florida;	and					

WHEREAS,	the  District	was  established  for  the  purpose	
constructing, operating and/or maintaining certain infrastructure; and	

of

planning,  financing,

WHEREAS, the District desires	to retain an independent contractor to provide landscape		
				as	Citrus Isle within the District as fmiher identified		
maintenance services for those lands known				
				
in this Agreement; and								
WHEREAS,  Contractor represents	that it is qualified to provide landscape maintenance		
services and has agreed to provide	to the District those services identified in Exhibit A, attached		
hereto and incorporated by reference herein ("Services"); and		
WHEREAS, the District and Contractor	warrant and agree that they have all right, power		
			
and authority to enter into and be bound	by this Agreement.		

Now, THEREFORE, in consideration of the recitals, contained herein, and other good and valuable consideration, are hereby acknowledged by the Parties, the Parties agree as

agreements,  and mutual covenants		
the receipt and sufficiency	of which		
			
follows:			

SECTION 1.	INCORPORATION  OF  RECITALS.	
correct and by this reference are incorporated into and form	

The recitals so stated are true a material part of this Agreement.

and

SECTION

2.

DESCRIPTION

OF

WORK

AND SERVICES.

A.	The District desires		that the Contractor provide professional landscape and		
irrigation maintenance services within presently accepted standards. Upon all Parties signing this		
Agreement, the Contractor shall provide the District with the Services	identified in Exhibit A.			
								
B.	While providing the Services,	the Contractor shall assign such staff as may		
be required, and such staff shall be responsible	for coordinating, expediting, and controlling all		
													
aspects to assure completion	of the Services.															
																					
C.	The Contractor shall provide the Services as shown in Section 3 of this		
Agreement. Contractor shall solely be responsible for the means, manner and methods by which		
its duties, obligations and responsibilities	are met to the satisfaction	of the District.				
																	
D.	This Agreement grants to Contractor the right	to		enter the lands that are		
subject  to  this  Agreement,	for  those  purposes  described  in  this  Agreement,  and  Contractor		
hereby agrees to comply with all applicable laws, rules, and regulations.							
SECTION 3.	SCOPE OF LANDSCAPE	MAINTENANCE SERVICES.	The duties, obligations,		
								
and responsibilities of Contractor	are to provide the material, tools, skill and labor necessary for		
		Contractor agrees to provide	such services for those areas		
the Services attached as Exhibit A.				
identified in the  Service Area Map	attached	hereto	as Exhibit B.	To	the extent any of the		
						of Exhibit A, this Agreement		
provisions of this Agreement	are in conflict with the provisions			

controls.																						
SECTION 4.	MANNER OF CONTRACTOR'S PERFORMANCE.	The Contractor	agrees, as		
an independent contractor, to undertake work and/or perform such services as specified in this		
Agreement or any addendum executed by the Parties or in any authorized written work order by		
the District issued in connection with this Agreement and accepted by the Contractor.  All work		
shall be performed in a neat and professional manner reasonably acceptable to the District and		
shall  be  in  accordance  with  industry  standards.		The  performance	of the  Services  by  the		
Contractor under this Agreement	and related		to this Agreement shall conform to  any written		
																			
instructions issued by the District.																			
A.	Should any work and/or	services be required which are not specified in		
this Agreement or any addenda, but which are neve1iheless necessary for the proper provision	of		
	if		
services to the District, such work or services shall	be fully performed by the Contractor as			
described and delineated in this Agreement.															
B.	The Contractor agrees	that the District shall not be liable for the payment		
						unless the District,	through an authorized		
of any work or services not included in	Section 3				
representative of the District,	authorizes the Contractor, in writing, to perform such work.			

C. representative with

The District shall designate	in writing	a person to  act as the District's		
		under this Agreement.  The District's		
respect to the services to be performed			

2

representative  shall	have  complete  authority  to  transmit  instructions,  receive  information,	
interpret and define	the District's policies and decisions with respect to materials, equipment,	
elements, and systems pertinent to the Contractor's services.	

(1)

The District hereby designates the District Manager to act as its representative.

	(2)	The Contractor agrees	to meet with the District's representative no		
													
		less than one (1) time per month to walk the property to discuss		
		conditions,	schedules,  and  items	of		concern	regarding	this		
												
		Agreement.												
D.	In  the  event  that  time  is  lost  due  to  heavy	rains  ("Rain  Days"),		the		
Contractor agrees to reschedule its employees and divide their time accordingly to complete all		
scheduled services during the time during the same week as any Rain Days.	The Contractor		
shall provide  services  on	Saturdays  if needed to  make up  Rain Days,	but shall not provide		
							
services on Sundays.														
E.	Contractor shall use all due care to protect the property of the District,	its		
				
residents, and landowners from damage.  Contractor agrees to repair any damage resulting from		
Contractor's activities and work within twenty-four (24) hours.									
F.	Contractor  shall  be	obligated	to  ensure  that  all  trees,  plants  or  other		
						in	accordance with this		
vegetation that are located near any roadways  and being maintained				
Agreement comply with all local, State and Federal line-of-sight requirements.					

SECTION

5.

COMPENSATION;

TERM.

			A.	As compensation for the Services	described in this Agreement, the District		
	agrees to pay the Contractor Six Thousand One Hundred Dollars ($6,100) per month,  for  an		
	annual total of	Seventy Three Thousand	Two Hundred Dollars ($73,200).	Work shall commence		
										for	a	period of twelve  (12)		
	upon the  Date	of	Agreement	set forth  above  and  shall  continue					
									
										14	below or renewed in accordance		
	months, unless te1minated earlier in accordance with Section				
								
	with Section 5(B), below.													
			B.	This Agreement may be renewed for two (2) additional one (1 )-year terms		
	at the prices provided in Section A of this Section 5.		Such renewals	shall be contingent upon		
	satisfactory performance evaluations by the District and subject	to the availability of funds.		
							
			C.	If the  District  should	desire		additional  work	or  services,  or  to  add		
	additional areas to be maintained, the Contractor agrees to negotiate in good faith to undertake		
	such additional work or services.  Upon successful negotiations, the Parties shall agree in writing		
	to  an,  addendum,  addenda,  or  change  order  to  this  Agreement.   The  Contractor  shall  be		
	compensated	for	such  agreed  additional  work  or	services  based  upon  a  payment  amount		
to	acceptable	the Parties and agreed to in writing.										

3

	D.	The District may require,	as a condition precedent to making	any payment		
to the Contractor that all subcontractors, materialmen, suppliers or laborers be paid and require		
evidence, in the form				or			Waivers of Lien, to be submitted	to the District		
	of Lien Releasespartial						require  that	the		
by  those	subcontractors,	material  men,	suppliers  or  laborers,  and  further				
Contractor	provide  an  Affidavit	relating  to  the  payment of	said  indebtedness.		Further,	the		
									
shallDistrict	have the right to require, as a condition precedent to making any payment, evidence		
from  the	Contractor,	in	a  form  satisfactory	to  the	District,  that  any  indebtedness	of	the		
						of the		
Contractor, as to services to the District, has been paid and that the Contractor	has met all			
obligations with regard to the   withholding	and payment of	taxes,  Social	Security payments,		
										
	Compensation  contributions,  and  similar  payroll		
Workmen's  Compensation,  Unemployment			
deductions from the wages	of	employees.													
																
	E.	The	Contractor  shall	maintain	records  conforming  to  usual  accounting		
							the Contractor shall		
practices.  As soon as may be practicable	at the beginning of each month,			
									
invoice the District for all services performed in the prior month and any other sums due to the		
Contractor. The District shall pay the invoice amount within thi1iy (30) days after the invoice		
date. The Contractor may cease performing services under this Agreement	if	any payment due		
hereunder is not paid within	thi1iy (30)	days	of the	invoice	date.  Each monthly invoice will		
													
include such supporting inf01mation as the District may reasonably require the  Contractor to		
provide.																		

SECTION 6.

A.

INSURANCE.										
The Contractor shall maintain	throughout the term	of this Agreement	the		

following insurance:									
(1)	Worker's Compensation Insurance in accordance with the laws of		
	the State of Florida.									
(2)	Commercial General	Liability Insurance covering the Contractor's		
				injuries,  with  limits  of	not  less  than		
	legal	liability  for  bodily				
									
	$1,000,000  combined  single  limit  bodily  injury  and  prope1iy		
	damage liability, and covering at least the following hazards:			
	(i)	Independent  Contractors	Coverage  for  bodily  injury  and		
								
		property  damage  in  connection with  any  subcontractors'		
		operation.									
(3)	Employer's Liability Coverage with limits	of at least $1,000,000		
	(one million dollars) per accident or disease.					
(4)	Automobile Liability	Insurance for bodily injuries	in limits of not		
						
	less than $1,000,000 combined single limit bodily injury and for		
	prope1iy damage, providing coverage for any accident arising out		

4

B.

C.

of or  resulting  from  the  operation,	maintenance,  or  use  by  the		
						
Contractor	of  any  owned,		non-owned,  or  hired  automobiles,		
									
trailers, or other equipment required to be licensed.					
The  District,  its  staff,  consultants  and  supervisors  shall  be  named	as		
additional  insured.   The  Contractor  shall  furnish  the  District with  the		
Certificate of Insurance evidencing	compliance with this requirement.  No		
ce1iificate shall be	acceptable to the District unless it provides that any		
change or termination within	the policy periods of the insurance	coverage,		
					
as certified, shall not be effective within thirty (30) days of	prior written		
notice  to  the  District.   Insurance  coverage  shall  be  from	a	reputable		
insurance carrier, licensed to conduct	business in the State of Florida.			
							
If the  Contractor  fails  to  have  secured	and  maintained	the	required		
insurance, the District has the right but not the obligation to secure such		
required insurance in which event the Contractor shallthe pay	cost for that		
required insurance and shall furnish,  upon demand,  all  information that		
may be required in connection with the District's obtaining the required		
msurance.										

SECTION

7.

INDEMNIFICATION.

A.

Obligations under this section	shall include the payment of all settlements,		
judgments, damages, liquidated damages, penalties, forfeitures, back pay		
awards, court costs, arbitration and/or mediation costs, litigation expenses,		
attorney fees, and paralegal	fees (incurred in court, out of court, on appeal,		
		as ordered.		
or in bankruptcy proceedings)			

B.

C.

Contractor  agrees  to  indemnify  and  hold harmless  the  District  and  its		
officers, agents and employees from any and all liability, claims, actions,		
suits or demands by any person, corporation or other entity for injuries,		
death, property damage or of	any nature,	arising out of, or in connection		
with, the work to be performed by Contractor, including litigation or any		
appellate proceedings with respect thereto. Contractor further agrees that		
nothing herein shall constitute	or be construed as	a waiver of the District's		
			in Section 768.28,	Florida Statutes, or		
limitations on liability contained				
							
other statute.									
In no  event,  however,  shall  Contractor be liable for	incidental,  special,		
with		in connection	this Agreement,	even if		
punitive or exemplary damages								
notice  was  given  of the  possibility of such  damages  and  even if such		
damages were reasonably foreseeable.						

SECTION 8. Agreement shall be

LIMITATIONS	ON	
deemed as a waiver	

GOVERNMENTAL   LIABILITY.	Nothing		
			
of the District's sovereign	immunity or the		

in	this	
District's	

5

limits of liability as set forth in Section 768.28, Florida Statutes,	or other statute,	and nothing in		
this Agreement shall inure to the benefit	of	any third party for the purpose of	allowing any claim		
which would otherwise be	baJ.Ted	under such limitations of liability or by operation of	law.			
SECTION 9.	COMPLIANCE		WITH  GOVERNMENTAL  REGULATION	.	The	Contractor		
										
							of applicable	local, State, and Federal laws,		
shall keep, observe, and perform	all requirements				
				the District in writing within		
	If	the Contractor fails to notify			
rules, regulations, or ordinances.					
										of a		
									to comply notice,  or a report			
five  (5)  days  of the receipt of any notice,  order,  required				
				
violation or an alleged violation, made by any local,  State, or Federal governmental body or		
agency or subdivision thereof with respect to the services being rendered under this Agreement		
or any action of the Contractor or any of	its agents, servants,	employees, or materialmen, or with		
			safety  appliances,  or  any  other		
respect  to  terms,  wages,	hours,	conditions  of employment,			
												such		
				of services, or fails to comply with any requirement of			
requirements applicable to provision				
			of any such notice, order, request	to comply notice, or		
agency within five (5) days after receipt				
									
report of a violation or an alleged	violation, the District may terminate this Agreement, such		
					of notice of termination.										
te1mination to be effective	upon the giving											
																						
SECTION 10.	LIENS AND CLAIMS.	The Contractor shall promptly and properly pay for		
all  labor  employed,  materials  purchased,  and  equipment  hired  by  it  to  perform  under  this		
Agreement.   The Contractor shall keep the District's property free from any materialmen's or		
mechanic's liens and claims or notices in respect to such liens and claims, which arise by reason		
of the  Contractor's performance	under this Agreement,	and the Contractor shall  immediately		
discharge any such claim or lien.  In the event that the Contractor does not pay or satisfy such		
claim or lien within three  (3)  business	days  after	the filing	of notice	thereof,		the	District, in		
												
			under	this  Agreement,  may  terminate  this		
addition  to  any  and	all  other  remedies  available				
Agreement to be effective immediately	upon the giving of	notice	of termination.						

SECTION

11.

DEFAULT AND

PROTECTION

AGAINST THIRD

PARTY

INTERFERENCE.

A

default by either party under this Agreement shall entitle the other to all remedies available at		
law or in equity, which may include,	but not be limited to, the right of damages,	injunctive relief,		
						
and/or specific performance.   The District shall be solely responsible for  enforcing its rights		
under this Agreement against any interfering third party.  Nothing contained in this Agreement		
shall limit or impair the District's right to protect its rights from interference	by a third party to		
						
this Agreement.															
SECTION	12.	CUSTOM AND	USAGE.	It is hereby agreed, any law, custom, or usage to		
							all times to enforce the		
the contrary notwithstanding, that the District shall have the right at			
conditions and agreements contained in this Agreement	in strict accordance with the terms	of this		
Agreement, notwithstanding	any conduct or custom on the paii of the District	in refraining from		
				enforce its		
			of the District at any time or times to strictly			
so doing; and further, that the failure				
					
					a custom in any way or		
rights under this Agreement shall not be construed as having created			
contrarymanner	to the specific conditions and agreements	of this Agreement, or as having	in any		

way modified or waived the same.												

SECTION

13.

SUCCESSORS.

This Agreementinure shall

to the

benefit

of

and be binding

6

upon the heirs, executors, administrators, successors, and assigns Agreement, except as expressly limited in this Agreement.

of

the  Paities  to  this

SECTION	14.	TERMINATION.	The District agrees that the Contractor	may terminate this		
Agreement with cause by providing thirty (30) days' written notice	of termination to the District		
stating a failure	of the District to perform according to the terms		of this Agreement;	provided,		
however, that the District	sh.all be provided a reasonable	opp01tunity to cure any failure under		
										
						District  may  terminate  this  Agreement		
this  Agreement.	The  Contractor  agrees  that  the			
immediately for cause by providing	written notice of termination	to the Contractor. The District		
				cause.  Upon any termination		
		notice of termination without			
shall provide thi1ty (30) days' written				
		for  all  work and/or services		
			to  payment				
of this  Agreement,	the  Contractor shall be  entitled					
rendered up until the effective	termination of this Agreement, subject to whatever claims	or off-		

sets the District may have against the Contractor.											
SECTION 15.	PERMITS  AND	LICENSES.	All  permits  and  licenses  required  by  any		
governmental agency directly for the District shall be obtained and paid for by the District.  All		
other permits or licenses necessary	for the Contractor to perform		under this Agreement shall be		

obtained and paid for by the Contractor.											

SECTION 16.   ASSIGNMENT.

Agreement without the prior written

such approval shall be void.

Neither approval

the of

District nor the Contractor may assign this the other. Any purported assignment without

SECTION 17.	INDEPENDENT	CONTRACTOR  STATUS.	In  all  matters	relating  to  this		
Agreement, the Contractor	shall be acting as an independent	contractor.	Neither the Contractor		
			the  District under the		
			if there  are  any,  are  employees  of			
nor employees  of the	Contractor,				
meaning or application	of	any Federal	or State Unemployment or Insurance Laws or Old Age		
Laws or otherwise.  The Contractor agrees to assume all liabilities or obligations imposed by any		
one or more of such laws with respect to employees of the Contractor,	if there are any, in the		
performance of this Agreement.	The Contractor shall not have any authority	to assume or create		
						
		on behalf of	the District and the Contractor shall have no		
any obligation, express or implied,				
	as	an  agent,	employee,	or  in  any  other  capacity,	unless		
authority  to  represent  the  District							

otherwise set forth in this Agreement.									

SECTION 18.	HEADINGS  FOR CONVENIENCE  ONLY.	The		
				
Agreement  are  for  convenience  only  and  shall  neither  control		
construction of any of the provisions of this Agreement.			

descriptive headings in this nor affect the meaning or

SECTION 19.	ENFORCEMENT  OF AGREEMENT.	A default	by either Party under this	
Agreement shall entitle the other Party to all remedies available at law or in equity.  In the event	
that  either  the  District  or  the  Contractor  is  required  to  enforce  this  Agreement  by  court	
proceedings or otherwise, then the prevailing Party shall be entitled to recover all fees and costs	
incurred, including reasonable attorneys' fees and costs for trial, alternative dispute resolution, or	
appellate proceedings.				

7

SECTION 20.	AGREEMENT.	This	instrument	shall  constitute  the  final  and  complete		
expression  of this  Agreement  between  the  Parties  relating  to  the  subject  matter  of this		
Agreement. None of the provisions	of Exhibit A shall apply to this Agreement and Exhibit A		
shall not be incorporated herein, except that	Exhibit A is applicable	to the extent that it states the		
				
		underto be provided	this Agreement.		
scope of services for the labor and materials						

SECTION 21.	AMENDMENTS.	
in this Agreement may be made only	
Parties.		

Amendments to and waivers	of the provisions	contained		
				
by an instrument in writing which is executed by both the		

SECTION 22.	AUTHORIZATION.	The  execution  of this  Agreement	has  been  duly		
				with all		
authorized by the appropriate body or official of the Parties, the Parties have complied			
the requirements of	law, and the Parties have full power and authority	to comply with the terms		
						
and provisions of this Agreement.								
SECTION 23.	NOTICES.  All notices, requests,	consents and other communications under		
							
this Agreement ("Notice" or "Notices") shall be in writing and shall be hand delivered, mailed		
by First Class Mail, postage prepaid,	or sent by overnight delivery service, to the Parties,  as		
								
follows:									

A.

If

to District:

Holly Hill Road East Community

Development District
c/o Fishkind & Associates, Inc.

12051 Corporate Blvd.
Orlando, Florida 32817

Attn:  District Manager

With

a copy to:

Hopping Green & Sams, P.A.

119 S. Monroe Street, Suite 300
Tallahassee, Florida  32301

Attn: District Counsel

B.

If

to the Contractor:

Creative Association Services, Inc.

346 East Central Avenue
Winter Haven, Florida 33880

Attn: Lauren Oakley Schwenk

Except as otherwise provided in this Agreement, any Notice shall be deemed received		
only upon actual delivery at the address set forth above.  Notices delivered after 5:00 p.mthe. (at		
place of delivery) or on a non-business	day, shall be deemed received on the next business day.		
		in this Agreement would otherwise expire on a non-		
If any time for giving Notice contained			
business  day,  the  Notice  period  shall  be  extended  to  the  next  succeeding  business  day.		
Saturdays, Sundays, and legal holidays recognized by the United States government shall not be		
regarded as business days.  Counsel	for the District and counsel for the Contractor may deliver		
Notices on behalf of the District and the Contractor.  Any party or other person to whom Notices		
			8		

are to be sent or copied may notify	the Paiiies and addressees	of any change in name or address		
										
		the same on five (5) days written notice to the Paiiies		
to which Notices shall be sent by providing			
												
and addressees set forth in this Agreement.												
SECTION 24.	THIRD PARTY BENEFICIARIES.	This Agreement	is solely for the benefit		
of the Parties hereto and no right or cause of action	shall accrue upon or by reason,	to or for the		
				
benefit of	any third paiiy not a formal paiiy to this Agreement.	Nothing in this Agreement		
expressed or implied is intended	or shall be construed	to confer	upon any person or corporation		
						of this Agreement or		
other than the Parties hereto any right, remedy, or claim under or by reason			
any of the provisions or conditions	of this Agreement; and all of the provisions,	representations,		
			of and shall		
covenants, and conditions contained in this Agreement shall inure to the sole benefit			
upon be binding	the Parties hereto and their respective representatives, successors, and assigns.		

SECTION 25.	CONTROLLING  LAW AND  VENUE.	This  Agreement	and the		
contained in this Agreement shall be construed, interpreted, and controlled according		
of the State of Florida.  All actions	and disputes shall be brought in the proper court		
					
which shall be Polk County, Florida.				

provisions to the laws and venue,

SECTION 26.	COMPLIANCE	WITH  PUBLIC  RECORDS	LAws.		Contractor  understands		
							in connection with  this		
														
and  agrees  that  all	documents	of	any  kind provided to  the  District			
						to  comply	with	all		
										Contractor	agrees					
Agreement  may  be	public  records,  and,  accordingly,							
						to		
applicable  provisions  of Florida		law  in handling  such  records,  including  but  not  limited			
					
Section 119.0701, Florida Statutes. Contractor acknowledges that the designated public records		
custodian  for  the  District  is  Jane		Gaarlandt  ("Public  Records	Custodian").	Among  other		
requirements and to	the  extent applicable by law,	the  Contractor	shall  1)	keep	and maintain		
public records required by the District	to	perform the service;  2) upon request	by the Public		
							
Records Custodian, provide the District with the requested public records or allow the records to		
be inspected or copied within a		reasonable time period at a cost that does not exceed the cost		
provided in Chapter 119, Florida	Statutes;  3) ensure that public	records which are exempt or		
				are not disclosed except as		
					disclosure requirements,			
	records										
confidential, and exempt from public															the		
authorized by. law for the duration		of the contract term and following the contract term if			
			to	the Public Records Custodian of the District; and 4)		
Contractor does not transfer	the records				
					transfer	to  the	District,	at  no	cost,	all	public  records	in		
upon  completion  of the  contract,										
Contractor's possession or, alternatively, keep, maintain and meet all applicable	requirements		
for retaining public records pursuant to Florida laws.  When such public records are transferred		
by the Contractor, the Contractor shall destroy any duplicate public records that are exempt or		
confidential  and  exempt  from		public	records  disclosure	requirements.	All  records  stored		
electronically must be provided to the District in a format	that	is		compatible with Microsoft		
													
Word or Adobe PDF formats.																						
IF THE CONTRACTOR HAS QUESTIONS REGARDING THE			
APPLICATION OF CHAPTER 119, FLORIDA STATUTES, TO			
THE   CONTRACTOR'S		DUTY	TO	PROVIDE	PUBLIC			
RECORDS  RELATING  TO  THIS  CONTRACT,  CONTACT			

9

THE CUSTODIAN OF PUBLIC RECORDS AT (407) 382-3256,	
JANEG@FISHKIND.COM,AND12051	CORPORATE	
COULEVARD, ORLANDO, FLORIDA 32817.		

SECTION 27.	SEVERABILITY.	The invalidity or unenforceability	of		
					
provisions  of this Agreement	shall  not  affect the validity  or  enforceability		
			not  held		
portions  of  this  Agreement,  or  any  part  of  this  Agreement			
				
unenforceable.							

any one or more	
of the	remaining	
to  be	invalid  or	

SECTION 28.	ARM'S  LENGTH  TRANSACTION.	This  Agreement	has	been  negotiated		
fully between the Parties as an arm's length transaction.  The Parties participated fully in the		
preparation of this Agreement with the assistance of their respective counsel.	In the case of a		
dispute concerning the interpretation	of any provision	of this Agreement,	the Parties are each		
						
deemed to have drafted, chosen, and selected the language, and any doubtful language will not		
be interpreted or construed against any party.					

SECTION 29.	COUNTERPARTS.	This	instrument		
counterparts, each of which,	when executed and delivered,		
		one		and   the		
counterparts   together	shall   constitute					
acknowledgment pages,	if any, may be detached	from the		
				
copy of this document to physically f01m	one document.		

may  be  executed  in  any  number	of		
			
shall constitute an original, and such		
same   instrument.   Signature   and		
counterparts and attached to a single		

[REMAINDER OF PAGE INTENTIONALLY LEFT BLANK]

10

	IN WITNESS WHEREOF, the Paiiies hereto have signed and sealed this Agreement on	
the day and year first written above.	
Attest:	HOLLY HILL ROAD EAST COMMUNITY	
	DEVELOPMENT DISTRICT	

Secretary/Assistant Secretary		
Board of Supervisors		
Print Name:	--------		

By:	----------------		
Its:			
	----------------		
			
Bo ard of Supervisors		

CREATIVE ASSOCIATION SERVICES, INC.

Witness

Print Name

of

Witness

By:--------------		
Print:	----------------		
Its:			

EXHIBIT A:

SERVICES

Creative

Association

Services

Proposal for Landscaping, Comnion Areas and Enti'y Features Mai ntenance
For the Holly Hill Road Easi CDD

Citrus [sle

Creative Association Services, lnc. agrees to maintain Ci trus Isle as part of the Holly Hill Road East COD with forty-two vis itations per year as follows and co sistent with scope of serv ices provided: weekly maintenance services along with weekly grass cutting services begirn1ing April 1st thru October 3 1st and biweekly lawn cuttingices serv from November 1st thru March 31st. The proposed cost for agreed upon scope of services will be: $73,200 per year paid in monthly installments of $6,100. An Invoice will be delivered the fost week of the current month's service. It is agreed that the invoice will be paid within thirty days of being submitted.

Creati ve Association Services, J11c. will begin maintenance upons reque t and will renew automatically each year and either party can furnish a thi rty-day written notice of cancellation. Licenses and proof of insurance will be provided to comply with the company's reqLt irements. Creati ve Association Services, me. can not and wiII not be held responsible for any plant or turf area that may die or become distressed due to weather conditions (drou ght, freeze, wi nd, insufficient irrigation, etc.).

Services inc luded in this contract are as fo llows: I . Forty-two cuts a year
2 .  Irrigation checked twice a month
3.	Trimmi ng of all Hedges, Shrubs, and Ornamentals twenty-one times a year (Every other cut).	
4.	Sptaying or hand pulling weeds in landscaping areas to maintain a neat and clean appearance.	
5.	Blowing off all hard surfaces affected by lawn maintenance.	
6.   Bdging (hard surfaces-weekly, soft edges-biweekly).	
7.	Picking up any debris within turf or slu-ub area (trash, paper, llmbs, etc.).	
8.	On-site weekly visits with propeity contact if needed

9.	Fertil ization of turf sLx times per year and l)lant matei-ial four limes per year along with tu rf weed control every other week.

Additional services are available at an addi tional cost: I. Mulch (200 yds at $45/yd = $9000)
2 .   Annuall F owers (200 4" plants at $2/plant =$400)

3.	Granular and liquid fertilization, insecticide and fungicide of Bahia turf and plant material fou r times per year, along with turf weed control every other week. $5,436 - billed $1,359.00 quarterl y at time of service. _____(initial)

4.	Sprinkler repairs that are associated with damage not caused by Creative Association Services wi ll be bi I led at $60/hour plus any applicable materials.

Both parties agree to above terms:

Creative Association Serv ices, 1J1c	Ho ll y Hill Road East COD
Date	Date

3 46 E'AST. CENTRALAVENUE, W INTER HAVF.:N, FL 33880 • 863.2 93.7400

EXHIBIT

B:

SERVICE AREA MAP

Holly

Hill

Road East

Community

Development District

Danielle Fencing Mfg. Co.

Agreement

for

Installation

of

Fencing

AGREEMENT BETWEEN HOLLY

HILL

ROAD

EAST

COMMUNITY DEVELOPMENT DISTRICT

AND DANIELLE

FENCING

MFG.

Co.

REGARDING INSTALLATION FENCING

This Agreement and between:

(''Agreement")

is

made

and

entered into this

17

day

of

April, 2018, by

HOLLY HILL ROAD EAST COMMUNITY DEVELOPMENT DISTRICT,

a local

unit

of

special-purpose  government  established	pursuant	to	Chapter	190,	Florida		
Statutes, being situated in  Polk County, Florida, and having a mailing address of		
12051 Corporate Boulevard, Orlando,	Florida (the "District"); and				

Danielle Fencing Mfg. Co. , a Florida corporation, whose address Road 60 West Mulberry, FL 33860 (the "Contractor").

is

4855 State

RECITALS

WHEREAS, the District was established for the purpose of financing, funding, planning, establishing, acquiring, constructing or reconstructing, enlarging or extending, equipping, operating, and maintaining systems and facilities for certain infrastructure improvements; and

District

WHEREAS, the District intends to known as Citrus Isle (the "District

install  fencing on

Property"); and

certain property located within

the

WHEREAS, the District desires	lo	
services for	the installation of fencing	
dated April	17, 20 I 8, attached hereto	as	
(the "Services"); and		

retain an independent contractor to provide construction		
as  more specifically set forth  in Contractor's	Proposal,		
		herein		
Exhibit A and hereby incorporated by reference			

WHEREAS,

District; and

Contractor  represents  that

it

is

qualified

to

provide  such  Services

to

the

WHEREAS, the District and Contractor	(the "Parties") warrant and agree		
			
right, power, and authority to enter into and be bound by this Agreement.		

that they have

all

Now, THEREFORE,  in  consideration	of the recitals,		
			
contained herein, and other good and valuable consideration,		
are hereby acknowledged by the Parties, the	Parties agree as		

agreements, and mutual covenants the receipt and sufficiency of which follows:

SECTION 1. are incorporated into

RECITALS, The recitals so stated are true and correct and by this reference and form a material part of this Agreement.

SECTION

2.

DESCRIPTION OF \,VORK AND SERVICES.

A.

B.

The Contractor agrees to provide the labor, materials	and services necessary  for the		
Services as described herein and in the attached Exhibit A.		
Contractor shall be solely responsible for the means, manner and methods by which		
its duties, obligations and responsibilities	are  met to the satisfaction of the  District		
				
and in accordance with this Agreement.	Contractor shall use industry best practices		
					
and procedures  when  carrying out  the Services.   Any  additional  compensation  for		
additional  duties shall  be paid only as  negotiated between  the parties and upon  the		
written authorization of the District.					

C.

D.

This  Agreement grants  to Contractor the  right  to enter, and reasonable  ingress and		
egress to, the District Property, for those purposes described in this Agreement, and		
Contractor hereby agrees to comply  with  all  applicable laws,  rules,  ordinances and		
regulations affecting the provision of the Services.					
The  Contractor  shall  report  directly  to  the  District's	Designee  who  shall  be  the		
		of the		
District Manager.   Contractor shall  use  all  due  care  to  protect  the  property			
			
District,  its  residents  and  landowners  from  damage  and  shall  follow  and  be		
responsible  for  the  completion  of the  Services.	Contractor  agrees  to  repair  any		
					
damage  resulting  from  Contractor's  activities  and  work  within  twenty-four  (24)		
hours.					

SECTION 3.	COMPENSATION.

shall pay the Contractor an amount equal

one dollars and No Cents) in accordance

In  exchange	for  providing  the  Services,  the  District	
to $39,451.00 (Thirty-nine thousand four hundred fifty-	
with Exhibit	A.	

A.	ff the District should desire additional work or services not provided in Exhibit A,		
	the Contractor agrees to negotiate in good faith to undertake such additional work or		
	services.  Upon successful negotiations, the parties shall agree in writing to	a work		
	order, addendum, addenda, or change order to this Agreement,	as set forth	in more		
					
	detail herein.				

B.

The District may  require,  as a condition precedent to	making any payment to  the		
Contractor, that all subcontractors, material men, suppliers	or laborers	be paid and		
		Lien,  to  be		
require	evidence,  in  the  form  of Lien  Releases  or partial  Waivers  of			
submitted to the District by those subcontractors,	material men, suppliers or laborers,		
							
and further require that the Contractor provide an Affidavit relating to the payment		
of said  indebtedness.   Further,  the  District  shall  have  the  right  to  require,  as  a		
condition precedent to making any payment, evidence from the Contractor, in a form		
satisfactory to the District, that any indebtedness		of the Contractor, as to services to		
		has met all of the obligations with		
the District, has been paid and that the Contractor			
		Social  Security  payments,		
regard	to	the  withholding  and  payment	of	taxes,			
			Compensation contributions, and similar		
Workmen's Compensation, Unemployment			
								
payroll deductions from the wages of employees.							

SECTION 4.	WARRANTY AND COVENANT.	The	Conlractor warrants to the District that		
															
aJI  materials  furnished  under this Agreement	shall  be new, and that all services  and  materials		
					The  Contractor  hereby	warrants  any		
shall  be of good  quality,	free  from		faults	and  defects.				
								by the District,	or		
materials and Services for	a period	of	three (3) years  after final  acceptance				
													
longer as required under Florida law.  Contractor further warrants to the District those warranties		
which Contractor otherwise warrants	to others and the duration of such warranties is as	provided		
						warranties  are  provided  for	elsewhere		in  the		
by  Florida  law  unless  longer  guarantees	or						
Agreement (in which case the longer periods	of time shall prevail).	Contractor	shall replace or		
				Neither final		
repair warranted items to the District's	satisfaction and in	the District's discretion.			

acceptance of the Services, nor final payment therefore, nor any provision of the Agreement shall		
relieve Contractor of	responsibility for defective or deficient materials or Services.	If	any	of the		
Services are found to be defective, deficient	or	not in accordance with the Agreement,	Contractor		
									
			after receipt of a written notice from  the District		
shall correct, remove and replace it promptly				
			there from to District property or the property		
and correct and pay for any other damage resulting			
															
of landowners within the District.																					
Contractor hereby covenants to the District that it shall perform the Services: (i) using its		
best  skill  and judgment  and  in  accordance	with  generally  accepted  professional  and  design		
								the	development		
standards  and  practices  for  projects		of  similar  design  and  complexity  as				
occurring  within  the  District;  (ii)  in  compliance  with  all  applicable  federal,  state,  county		
municipal, building and zoning, land use, environmental, public safety, non-discrimination and		
disability  accessibility  laws,  codes,  ordinances,  rules  and  regulations,  including,  without		
limitation,  all  professional  registration  (both	corporate	and  individual)  for  all  required  basic		
disciplines that it shall  perform; and	(iii) in	an  expeditious	and economical  manner consistent		
														
with the best interest	of the District.		Contractor hereby covenants to the District that any work		
																		services		
product of the Contractor shall not call for the use nor infringe any patent, trademark,			
		entity		
mark, copyright or other proprietary	interest claimed or	held by any person	or business			

absent prior written consent from the District.																	
SECTlON 5.	CARE  OF  DISTRICT	PROPERTY.	Contractor	shall  use  all	due	care	to		
										agrees	to		
protect the property of District, its residents	and landowners from damage.  Contractor				

repair any damage resulting from Contractor's activities and work within twenty-four (24) hours		
and at the sole expense of	Contractor.																				

SECTION

6.

INSURANCE,

A.

The Contractor shall, at its own expense,

of the  Services  under  this  Agreement,

following:

Workers Compensation

General Liability

Bodily !,~jury (including contractual)

maintain insurance during the performance

with  limits  of  liability  not  less  than  the

Statutory

$2,000,000

Property Damage (including contractual)	$2,000,000		

Automobile Liability (if applicable) Bodily bzjut)' and Property Damage

$2,000,000

B.	Contractor shall name the District, landowner, its agents, staff, consultanls and supervisors, as additional insureds. The Contractor shall furnish the District with the

C.

Certificate of Insurance evidencing compliance	with this requirement.  No certificate		
								
shall be acceptable to the District unless it provides that any change or termination		
within  the  policy  periods	of the  insurance  coverages,	as	certified,  shall  not		be		
effective  within  thirty  (30)	days  of prior written  notice  to	the  District.  Insurance		
coverage shall be from a reputable insurance carrier, licensed to conduct business	in		
	of		
the State of Florida, and such carrier shall have a	Best's	Insurance Reports rating				
at least A-VII.									
If the Contractor fails  to have secured and maintained	the	required  insurance,	the		
						
District  has  the right  (without any  obligation  to	do  so,  however),  to  secure such		
required insurance in which event the Contractor	shall pay the cost for that required		
					in		
insurance and shall  furnish,  upon demand,  all  information  that may be required				
				
connection with the District's obtaining the required insurance.				

SECTION 7.	INDEPENDENT CONTRACTOR.	It	is understood and agreed that at all times		
the relationship of	Contractor and  its employees,	agents, subcontractors	or	anyone directly	or		
indirectly employed by Contractor to the District is the relationship	of	an independent contractor		
	the	District.  Nothing  in	this		
and  nol  that  of an	employee,  agent, joint venturer or	partner of					
Agreement  shall  be  interpreted  or  construed	as	creating  or	establishing  the  relationship	of		
						
						or any	of	its employees,  agents,		
employer and employee  between  the District and Contractor					
											
subcontractors or anyone directly or indirectly employed by Contractor. The parties acknowledge		
that Contractor is not an employee for state or federal tax purposes. Contractor shall hire and pay		
all of Contractor's employees, agents, subcontractors or anyone directly or indirectly employed		
by Contractor, all of whom shall be employees	of	Contractor and not employees of the District		
and at all times entirely under Contractor's supervision, direction and control.							
In	particular, the District will not: i) Withhold FICA (SociaJ Security) from Contractor's		
payments;	ii)  Make  state	or  federal  unemployment	insurance  contributions	on	Contractor's		
behalf; iii) Withhold state	or federal income tax from payment to Contractor;	iv) Make disability		
								
insurance contributions on behalf	of	Contractor;	or v) Obtain workers' compensation insurance		
																	
on behalf of Contractor.																				
SECTION 8.	COMPLIANCE  WITH  GOVERNMENTAL  REGULATIONS.	The  Contractor		
shall  keep, observe,  and  perform all	requirements		of	applicable  local, state,	and	federal  laws,		
			fails to notify the District in writing within		
rules, regulations, or ordinances.	If	the Contractor			
											a  report	of a		
five  (5)  days  of the  receipt of any  notice,  order,  required to  comply  notice,  or				
violation	or an  alleged  violation,	made  by  any	local,  state,	or  federal  governmental  body	or		
agency or	subdivision thereof with respect to the services being rendered	under this Agreement		
						with		
or any action of the Contractor or	any of its agents, servants, employees, or materialmen, or			
respect  to  terms,	wages,	hours,	conditions	of	employment,	safety	appliances,	or  any	other		

requirements applicable to provision	of services, or fails to comply with any requirement of such		
				
agency within five (5) days after receipt of any such notice, order, request to comply notice, or		
report of a violation or an alleged violation,	the District may terminate this Agreement, effective		
			
immediately upon the giving of notice of termination.		

SECTION 9.

DEFAULT

AND

PROTECTION

AGAINST THIRD

PARTY

IN'(ERFERENCE.

A

default by either party under this  Agreement shall entitle the other to all remedies available at		
law or in equity, which  may include, but not be limited to, the right	of actual damages	and/or		
				
specific performance.	The District shall be solely responsible	for enforcing its rights under this		
						
Agreement against any interfering third party.  Nothing contained in this Agreement shall limit		
or  impair  the  District's  right  to  protect  its  rights  from  interference	by  a  third  party  to  this		
				
Agreement.						
SECTION 10.	ENFORCEMENT OF AGREEMENT.  In the event that either party is required		
to  enforce  this  Agreement  by court  proceedings  or otherwise,  then  the  parties  agree  that  the		
prevailing party shall be entitled to recover from the other all fees and costs incurred, including		
reasonable  attorneys'  fees  and  costs  for  trial,  alternative  dispute  resolution,  or  appellate		
proceedings.						

SECTION 11.	AMENDMENTS.	
in this Agreement may be made only	
District and the Contractor.	

Amendments to by an instrument

and waivers of the in writing which is

provisions contained executed by both the

SECTION 12.	AUTI-IORIZATION.	The  execution	of  this  Agreement  has  been	duly		
authorized by the appropriate body or official of the District and the Contractor,	both the District		
					
and the Contractor have complied with all the requirements	of law, and both the District and the		
			of	this		
Contractor  have  full  power  and  authority  to  comply  with  the  terms  and  provisions				
				
Agreement.								

SECTION 13.	NOTICES.  All notices, requests,	consents and other communications		
		be delivered, mailed by First Class		
this Agreement (''Notices") shall be in writingshalland			
			
postage prepaid, or overnight delivery service, to the parties, as follows:		

under Mail,

A.

If

to the District:

Holly Hill Road East Community

Development District

12051 Corporate Boulevard

Orlando, Florida 32817

Attn: District Manager

With

a

copy

to:

Hopping Green & Sams, P.A.

119 South Monroe Street, Suite 300

Florida	Tallahassee,	3230 l

Attn: District Counsel

B.

If

to the Contractor:

Danielle Fencing MFG. Co.	
4855Road State	60 West	
Mulberry,	FL 33860	
Attn:  Stephanie Warren	

Except as otherwise provided  in  this Agreement, any Notice shall  be  deemed received	
only upon actual delivery at the address set forth above.  Notices delivered after 5:00 p.m. (at the	
place of delivery) or on a non-business day, shall be deemed received on the next business day.	
If any  time  for giving Notice contained  in  this  Agreement would  otherwise expire  on	a non-	
business  day,  the  Notice  period  shall  be  extended  to  the  next  succeeding  business  day.	
Saturdays, Sundays, and legal holidays recognized by the United States government shall not be	
regarded as business days.	Counsel for the District and counsel for the Contractor may	deliver	
Notice on behalf	of the District and the Contractor.  Any party or other person to whom Notices	
are to be sent or	copied may notify the other parties and addressees of any change in name	or	
address to which Notices shall be sent by providing the same on five (5) days wdtten notice	to	
the parties and addressees set forth herein.						
SECTION	14.	ARM'S  LENGTH  TRANSACTION.	This  Agreement  has  been  negotiated	
fully  between  the  District  and  the  Contractor  as  an	arm's  length  transaction.   Both	parties	
participated folly	in the preparation of this Agreement and received the advice of counsel.	In the	
case of a dispute concerning the interpretation of any provision	of this Agreement, both parties	
are deemed to have drafted, chosen, and selected the language, and the doubtful  language will	
not be interpreted or	construed against either the District or the Contractor.			
SECTION	15.	THIRD PARTY BENEFICIARIES.	This Agreement is solely for the benefit	
of the District and the Contractor and no right or cause	of action shall accrue upon or by reason,	
to or for the  benefit	of any third	party not a formal  party to this  Agreement.   Nothing in this	
Agreement expressed or implied	is intended or shall be construed to confer upon any person	or	
corporation other than  the District and the Contractor any right, remedy, or claim under or by	
reason of this Agreement or	any of the provisions or conditions	of	this Agreement; and all of the	
provisions, representations, covenants, and conditions contained	in	this Agreement shall inure to	
the sole benefit of and shall be binding upon the District and the Contractor and their respective	
representatives, successors, and assigns.						

SECTION 16.   ASSIGNMENT.

Agreement or any  monies  to become

Neither the District nor the Contractor may assign this due hereunder without the prior written approval of the

other.

SECTION 17.	APPLICABLE  LAW  AND	
contained herein shall be construed, interpreted	
of Florida.  Each party consents that the venue	
Agreement shall be in Polk County, Florida.	

VENUE.	This  Agreement  and  the  prov1s1ons	
and controlled according to the laws of the State	
for any litigation arising out of or related to this	

SECTION

18.

INDEMNIFICATION.

A.

Contractor,  its  employees,  agents,  representatives  and subcontractors shall  defend,

B.

hold  harmless  and  indemnify  the  District  and  its  supervisors,  landowner,  officers,		
staff, employees, representatives and agents against any claims, damages, liabilities,		
losses  and  cosL<;,  including,	but  not		limited  to,  reasonable  attorneys'	fees,  to  the		
extent caused by the acts or omissions	of Contractor, and other persons employed	or		
				
				or  the  Services		
utilized  by  Contractor  in	the  performance  of  this  Agreement			
performed hereunder.												
Obligations  under  this  section  shall   include  the  payment	of		all	settlements,		
							
judgments,  damages,  liquidated  damages,  penalties,  forfeitures,  back  pay  awards,		
court costs, arbitration and/or mediation costs, litigation expenses, attorney fees, and		
paralegal  fees  (incurred	in	court,	out  of  court,  on	appeal,	or	in	bankruptcy		
proceedings) as ordered.												

SECTION 19.	LIMITATIONS	ON	GOVERNMENTAL		LIABILITY.		Nothing		in	this		
Agreement shall be deemed as a waiver of	immunity or limits		of	liability of the District beyond		
any statutory limited waiver of immunity or	limits		of	liability which may have been adopted	by		
the Florida Legislature in Section 768.28,	Florida		Stat11tes or	other statute, and	nothing in this		
Agreement shall  inure to the  benefit	of any third party for the purpose of allowing	any claim		
					of		
which would othe1wise be barred under the Doctrine		of	Sovereign Immunity or	by	operation			

law.																									
SECTION 20.	TERMINATION.  The	District agrees that the Contractor	may terminate this		
				to	the District;		
Agreement for cause by providing thirty (30) days written notice	of termination				
			to		cure  any		
provided,  however,  that  the  District  shall  be  provided	a  reasonable  opportunity					
															
failure  under  this  Agreement.   The  Contractor  agrees  that  the  District  may  terminate  this		
Agreement immediately for cause	by providing written notice	of termination to the Contractor.		
The District shall provide ten (10) days written notice of termination	without cause.  Upon any		
											
termination  of this  Agreement,  the	Contractor	shall  be  entitled  to  payment  for  all  Services		
																			off		
rendered up until the effective termination	of this Agreement, subject to whatever claims or			
			as the sole means of recovery for termination.		
sets the District may have against the Contractor			
																				
SECTION 21.	OWNERSHIP OF DOCUl'\'lENTS.	All rights in and title to all plans, drawings,		
									software,		creation,		
specifications,  ideas,	concepts,	designs,	sketches,	models,  programs,					
inventions, reports, or other tangible work product originally	developed by Contractor pursuant		
			property	of	the  District  when		
to  this  Agreement  shall  be  and  remain  the  sole  and  exclusive					
												
developed and shall be considered work for hire.																				
SECTION 22.	PUBLIC  RECORDS.		The	Contractor		understands	and	agrees	that	all		
																			be	public		
documents of any kind provided to the District in connection with this Agreement may				
records and shall be treated as such	in accordance	with the District's Records Retention Policy		
		Florida Swt11tes, the Contractor shall permit		
and Florida law. Pursuant to section  119.07(l)(a),			
															of	the		
such  records  to  be  inspected  and	copied	by	any  person  desiring  to  do  so.  Failure				
Contractor to comply with public  records  laws  to  the extent required  by statute will  result in		
immediate termination of the Agreement.																						

year

IN ·wrrNESS WHEREOF, first written above.

the

parties hereto have executed this

Agreement

on

the

day

and

Witness:

Hou,y HILL ROAD EAST COMMUNITY

DEVELOPMENT DISTRICT

Signature

of

Witness

District Manager

Witness:

By:

_____________

_

Signature

of

Witness
Print

Name:

_____________

_

Title:

-----------------

Exhibit

A:

Contractor's Proposal dated April

I

7,

2018

EXHBITA

Contractor's Proposal

April 17,2018		
East I 0th  LLC		
c/o Holly Hill Road East COD	Job Site:  Cirtus Isle	
Joe McClaren	Perimeter Fence & Lots 41  thru 51	
12051 Corporate Boulevard	Davenport, FL	
Orlando, FL 32817		

Thank you for the opportunityyouto offer an estimate for your fencing needs located at the job site listed above. Please accept this letter as our Proposal for your review.

Total Estimate:	$39,451.00

•	Install 1960' of 72" tall Almond Lakeland®  BGM Style PVC Fence
o	With 5" x 5" x 9' Post

o	Concrete Around Each Post

•	I, Permit Fee

Price includes tax, materials and instal/aaon. Price is based on a clear fence line. Prior to finalizing contract a site inspection is required along with deposit as /;sted below.

pt payment I deposU $11,600.00 and remaining balance due upon completion.

Danielle Fence Mfg. Co., Inc. will provide a Certificate of Liability Insurance and Workers' Compensation Certificate, and will maintain it fully in effect until completion of this contract.

Holly

Hill

Road

East

Community

Development District

Danielle

Fence

Proposal

for

Installation

of

Walk

Gate

AGREEMENT BETWEEN HOLLY

HILL

ROAD

EAST

COMMUNITY DEVELOPMENT DISTRICT

AND

DANIELLE FENCING

MFG.

Co.

REGARDING INSTALLATION OF A GATE

This Agreement and between:

("

Agreement")

is made and entered into this

8

th

day

of

May, 2018, by

HOLLY HILL ROAD EAST COMMUNITY DEVELOPMENT	DISTRICT, a local unit of		
				
special~purpose  government  established  pursuant	to	Chapter   190,	Florida		
Statutes, being situated in Polk County, Florida, and having a mailing address of		
1205 J Corporate Boulevard, Orlando, Florida (the "District"); and			
DanieIJe Fencing Mfg.  Co., a Florida corporation, whose  address  is 4855  State		
Road 60 West Mulberry,(the FI 33860	"Contractor").					

RECITALS			
WHEREAS,  the District was established for the purpose of financing, funding, planning,		
establishing,  acquiring,  constructing  or  reconstructing,	enlarging  or  extending,  equipping,		
			
operating, and maintaining systems and facilities for certain infrastructure improvements; and		

WHEREAS, the District intends to District known as Citrus Isle (the "District

install a gate on certain property located within the Property"); and

WHEREAS, the District desires to retain an independent contractor to provide construction services for the instaIJation of a gate as more specifically set forth in Contractor's Proposal, dated May 8, 2018, attached hereto as Exhibit A and hereby incorporated by reference herein (the "Services"); and

WHEREAS,

District; and

Contractor  represents  that  it  is  qualified  to  provide  such  Services

to

the

WHEREAS, the District and Contractor (the "Parties") warrant and agree that they have all	
right, power, and authority	to enter into and be bound by this Agreement.	
Now, THEREFORE,	in consideration of the  recitals,  agreements,  and  mutual covenants	
contained herein, and other good and valuable consideration, the receipt and sufficiency of which	
are hereby acknowledged by the Parties, the Parties agree as follows:	

SECTION 1. are incorporated into

RECITALS. The recitals so stated are true and correct and by this reference and form a material part of this Agreement.

SECTION 2.	DESCRIPTION OF WORK AND SERVICES.

A.	The Contractor agrees lo provide the labor, materials and services necessary for the Services as described herein and in the attached Exhibit A.

B.	Contractor shall be solely responsible for the means, manner and methods by which its duties, obligations and responsibilities are met to the satisfaction of the District and in accordance with this Agreement. Contractor shall use industry best practices and procedures when carrying out the Services. Any additional compensation for additional duties shall be paid only as negotiated between the parties and upon the written authorization of the District.

C.	This Agreement grants to Contractor the right to enter, and reasonable ingress and egress to, the District Property, for those purposes described in this Agreement, and Contractor hereby agrees to comply with all applicable laws, rules, ordinances and regulations affecting the provision of the Services.

D.	The Contractor shall report directly to the District's Designee who shall be the District Manager. ContracLor shall use all due care to protect the property of the District, its residents and landowners from damage and shall follow and be responsible for the completion of the Services. Contractor agrees to repair any damage resulting from Contractor's activities and work within twenty-four (24) hours.

SECTION 3. COMPENSATION, In exchange for providing the Services, the District shall pay the Contractor an amount equal to $1,142.00 (One thousand one hundred forty-two dollars and No Cents) in accordance with Exhibit A.

A.	If lhe District should desire additional work or services not provided in Exhibit A, the Contractor agrees to negotiate in good faith to undertake such additional work or services. Upon successful negotiations, the parties shall agree in writing to a work order, addendum, addenda, or change order to this Agreement, as set forth in more detail herein.

B.	The District may require, as a condition precedent to making any payment to the Contractor, that all subcontractors, material men, suppliers or laborers be paid and require evidence, in the form of Lien Releases or partial Waivers of Lien, to be submitted to the District by those subcontractors, material men, supplierslaborers,

	and further require that the Contractor provide an Affidavit relating to the payment of said indebtedness. Further, the District shall have the right to require, as a condition precedent to making any payment, evidence from the Contractor, in a form satisfactory to the District, that any indebtedness of the Contractor, as to services to the District, has been paid and that the Contractor has met all of the obligations with regard to the withholding and payment of taxes, Social Security payments, Workmen's Compensation, Unemployment Compensation contributions, and similar payroll deductions from the wages of employees.

SECTION 4.	WARRANTY AND COVENANT.  The Contractor warrants to the District that	
all  materials  furnished under this  Agreement shall  be new, and that all services and  materials	
shall  be  of good  quality,  free  from  faults  and defects.   The  Contractor hereby  warrants  any	
materials and Services for a period	of three (3) years after final acceptance by the District, or	
longer as required under Florida law.  Contractor further warrants to the District those warranties	
which Contractor otherwise warrants	to others and the duration of such warranties is as provided	
by  Florida  law  unless  longer  guarantees  or  warranties  are  provided  for  elsewhere  in  the	
Agreement (in which case the longer periods of time shall prevail).	Contractor shall replace or	
repair warranted items to the District's satisfaction and in the District's discretion.  Neither final	
acceptance of the Services, nor final payment therefore, nor any provision	of the Agreement shall	
relieve Contractor of	responsibility for defective or deficient materials or	Services.  If any of the	
Services are found to be defective, deficient or not in accordance with the Agreement, Contractor	
shall correct, remove and replace it promptly after receipt of	a written notice from the District	
and correct and pay for any other damage resulting there from	to District property or the property	
of landowners within the Disu·ict.							
Contractor hereby covenants to the District that it shall perform the Services: (i) using its	
best  skill  and judgment  and  in  accordance  with  generally  accepted  professional  and  design	
standards  and  practices  for  projects	of  similar  design  and  complexity  as  the  development	
occurring  within  the  District;  (ii)	in	compliance  with  all  applicable  federal,  state,  county	
municipal, building and zoning, land use, environmental, public safety, non-discrimination and	
disability  accessibility  laws,  codes,  ordinances,  rules  and  regulations,  including,  without	
limitation,  all  professional  registration  (both  corporate  and  individual)  for  all  required  basic	
disciplines that it shall  perform;  and  (iii)  in an expeditious and economical manner consistent	
with the best interest	of the District.	Contractor hereby covenants to the District that any work	
product of the Contractor shall not call for the use nor infringe any patent, trademark, services	
mark, copyright or other proprietary interest claimed or	held by any person or business entity	
absent prior written consent from the District.					
SECTION 5.	CARE  OF  DISTRICT  PROPERTY.	Contractor  shall  use  all  due  care  to	
protect the property of District, its residents and landowners from damage.  Contractor agrees to	
repair any damage resulting from Contractor's activities and work within twenty-four (24) hours	
and at the sole expense of Contractor.						

SECTION

6.

INSURANCE.

ContractorTheA.	shall, at its own expense,	
of the  Services  under  this  Agreement,	
following:		

maintain insurance during the performance with limits of liability not less than the

Workers Compensation	Statutory

General Liability Bodily Injury (including contractual) Property Damage (including contractual)

$2,000,000 $2,000,000

Automobile Liability (if applicable)

Bodily Injury and Property Damage

$2,000,000

B.

C.

Contractor  shall  name  the  District,  landowner,  its  agents,  staff,  consultants  and		
supervisors, as additional insureds.  The Contractor shall furnish the District with the		
Certificate of Insurance evidencing compliance with this requirement.	No certificate		
				
shall be acceptable to the District unless it provides that any change or termination		
within  the  policy  periods  of the  insurance  coverages,  as  certified,  shall  not  be		
effective  within  thirty  (30)  days  of prior written  notice  to  the  District.  Insurance		
coverage shall be from a reputable insurance carrier, licensed to conduct business	in		
the State of Florida, and such carrier shall have a Best's Insurance Reports rating	of		
at least A-VII.				
If the  Contractor fails  to have secured and maintained the  required  insurance,  the		
District  has  the  right  (without  any  obligation  to  do  so,  however),  to  secure  such		
required insurance in which event the Contractor shall pay the cost for that required		
insurance and shaJI furnish,  upon demand,  all  information that may be required in		
connection with the District's obtaining the required insurance.				

SECTION 7.	INDEPENDENT CONTRACTOR.  It is understood and agreed that at all times		
the  relationship of	Contractor and  its employees,  agents,  subcontractors	or anyone directly or		
						
indirectly employed by Contractor to the District is the relationship of an independent contractor		
and  not  that of an  employee,  agent,	joint venturer or  partner of the District.  Nothing  in this		
Agreement  shall  be  interpreted  or  construed  as  creating  or  establishing  the  relationship  of		
employer and employee  between  the District and  Contractor or any of	its employees, agents,		
subcontractors or anyone directly	or indirectly employed by Contractor. The parties acknowledge		
that Contractor is not an employee for state or federal tax purposes. Contractor shall hire and pay		
all of Contractor's employees, agents, subcontractors or anyone directly or indirectly employed		
by Contractor, all of whom shall be employees of Contractor and not employees of the District		
and at all times entirely under Contractor's supervision, direction and control.				
In particular, the District wiJI	not: i) Withhold FICA (Social Security) from Contractor's		
payments;  ii)  Make  state  or  federal  unemployment  insurance  contributions  on  Contractor's		
behalf; iii) Withhold state or federal income tax from payment to Contractor; iv) Make disability		
insurance contributions on behalf of	Contractor; or v) Obtain workers'  compensation	insurance		
				
on behalf of Contractor.							
SECTION 8.	COMPLIANCE	WITH  GOVERNMENTAL  REGULATlONS.	The	Contractor		
shall  keep, observe,  and perform all  requirements  of applicable  local, state,  and  federal  laws,		
rules, regulations, or ordinances.	If	the Contractor fails to notify the District in writing within		
five  (5)  days  of the  receipt of any  notice,  order,  required  to comply  notice,	or a  report of a		
violation  or  an  alleged  violation,  made  by  any  local,  state,  or  federal  governmental  body  or		
agency or subdivision thereof with respect to the services being rendered under this Agreement		
or any action of the Contractor or any of its agents, servants, employees, or materialmen, or with		
respect  to  terms,	wages,  hours,	conditions  of employment,  safety  appliances,  or	any  other		

requirements applicable to provision

of

services,

or

fails

to

comply

with

any

requirement

of

such

agency within five (5) days after receipt of any such notice, report of a violation or an alleged violation, the District may

order, request terminate this

to comply Agreement,

notice, or effective

immediately

upon

the

giving

of

notice

of

termination.

SECTION 9.	DEFAULT AND PROTECTION AGAINST THIRD PARTY INTERFERENCE.	A		
				
default by	either party under this Agreement	shall entitle the other to all  remedies  available at		
law or in equity, which may  include, but  not	be limited to,  the right of actual  damages and/or		
specific performance.	The District shall be solely responsible for enforcing its rights	under	this		
Agreement against any interfering third party.	Nothing contained in this	Agreement	shall limit		
or  impair	the  District's  right  to  protect  its  rights  from  interference  by	a  third  party  to  this		
Agreement.								
SECTION 10.	ENFORCEMENT OF AGREEMENT.  In the event that either party is required		
to  enforce  this  Agreement  by court  proceedings  or	otherwise,  then  the  parties  agree  that  the		
prevailing	party shall	be entitled to recover from the	other all fees and costs incurred, including		
reasonable	attorneys'	fees  and  costs  for  trial,  alternative  dispute  resolution,  or	appellate		
proceedings.								

SECTION 11.	AMENDMENTS.	Amendments	to	
in this Agreement may be	made only	by an instrument	
District and the Contractor.				

and waivers of the in writing which is

provisions contained executed by both the

SECTION 12.	AUTllORIZATION.	The  execution  of  this  Agreement  has  been  duly	
authorized by the appropriate body or official of the District and the Contractor, both the District	
and the Contractor have complied with all the requirements of law, and	both	the District and the	
Contractor  have  full	power  and  authority  to  comply  with  the  terms	and	provisions  of this	
Agreement.					

SECTION 13.	NOTICES.  All notices, requests, consents and other communications	
this Agreement ("Notices") shall be in writing and shall be delivered, mailed by First Class	
postage prepaid, or overnight delivery service, to the parties, as follows:	

under Mail,

A.

If

to

the District:

Holly Hill Road East Community

Development District

12051 Corporate Boulevard

Orlando, Florida 32817

Attn: District Manager

With a copy to:

Hopping Green & Sams, P.A.

119 South Monroe Street, Suite

Tallahassee, Florida 32301

Attn: District Counsel

300

B.

If

to

the

Contractor:

Danielle Fencing Mfg. Co.

4855 State Road 60 West

Mulberry, FL 33860

Attn:  Jennifer Rivenbark

Except as otherwise provided in  this  Agreement, any Notice shall  be deemed received	
only upon actual delivery at the address set forth above.  Notices delivered after 5:00 p.m. (at the	
place of delivery) or on a non-business day, shall be deemed received on the next business day.	
If any time  for giving Notice contained in  this  Agreement would otherwise expire on	a non-	
business  day,  the  Notice  period  shall  be  extended  to  the  next  succeeding  business  day.	
Saturdays, Sundays, and legal holidays recognized by the United States government shall not be	
regarded as business days.  Counsel for the District and counsel for the Contractor may deliver	
Notice on behalf of the District and the Contractor.  Any party or other person to whom Notices	
are to be sent or copied may notify the other parties and addressees of any change in name or	
address to which Notices shall be sent by providing the same on five (5) days written notice to	
the parties and addressees set forth herein.			
SECTION 14.	ARM'S  LENGTH  TRANSACTION.	This  Agreement  has  been  negotiated	
fully  between  the  District  and  the  Contractor  as  an	mm's  length  transaction.   Both	parties	
participated fully in the preparation of this Agreement and received the advice of counsel.	In the	
case of a dispute concerning the interpretation of any provision of this Agreement, both parties	
are deemed to have drafted, chosen, and selected the language, and the doubtful language will	
not be interpreted or construed against either the District or the Contractor.		
SECTION 15.	THIRD PARTY BENEFICIARIES.	This Agreement is solely for the benefit	
of the District and the Contractor and no right or cause	of action shall accrue upon or by reason,	
to or for  the benefit	of any third party not a formal  party to this Agreement.   Nothing	in  this	
Agreement expressed	or implied is intended or shall be construed to confer upon any person or	
corporation other than  the District and the Contractor any right, remedy, or claim under or by	
reason of this Agreement or any of the provisions or conditions of this Agreement; and all of the	
provisions, representations, covenants, and conditions contained in this Agreement shall inure to	
the sole benefit of and shall be binding upon the District and the Contractor and their respective	
representatives, successors, and assigns.			

SECTION 16.   ASSIGNMENT.

Agreement or any monies  to become

other.

Neither the District nor the Contractor may assign this due hereunder without the prior written approval of the

SECTION 17.	APPLICABLE  LAW  AND	
contained herein shall be construed, interpreted	
of Florida.  Each party consents that the venue	
Agreement shall be in Polk County, Florida.	

VENUE.	This  Agreement  and  the  prov1s10ns	
and controlled according to the laws of the State	
for any litigation arising out of or related to this	

SECTION

18.

INDEMNIFICATION.

A.

Contractor,  its  employees, agents,  representatives  and  subcontractors shall  defend,

	hold  harmless  and  indemnify the  District  and  its supervisors,  landowner, officers,	
	staff, employees, representatives and agents against any claims, damages, liabilities,	
	losses  and  costs,  including,  but  not  limited  to,  reasonable  attorneys'  fees,  to  the	
	extent caused by the acts or omissions of Contractor, and other persons employed or	
	utilized	by	Contractor  in	the  performance  of	this  Agreement  or  the  Services	
	performed hereunder.								
B.	Obligations	under  this	section  shall	include	the	payment	of  all	settlements,	
	judgments,  damages,  liquidated  damages,  penalties,  forfeitures,  back  pay  awards,	
	court costs, arbitration and/or mediation costs, litigation expenses, attorney fees, and	
	paralegal	fees  (incurred		in  court,  out	of  court,	on  appeal,	or  in	bankruptcy	

proceedings) as ordered.							
SECTION 19.	LIMITATIONS	ON	GOVERNMENTAL	LIABILITY.	Nothing	in	this	
Agreement shall be deemed as a waiver of immunity or limits	of liability	of the District beyond	
any statutory limited waiver of immunity or limits of liability which may have been adopted by	
the Florida Legislature in Section 768.28,	Florida Statutes or other statute, and nothing in this	
Agreement shall  inure to the benefit	of any third party for the  purpose of allowing any claim	
which would otherwise be barred under the Doctrine of Sovereign Immunity or by operation of	
law.								
SECTION 20.	TERMINATION.	The District agrees that the Contractor may terminate this	
Agreement for cause by providing thirty (30) days written notice of termination to the District;	
provided,  however,  that  the  District  shall  be  provided  a  reasonable  opportunity  to	cure  any	
failure  under  this  Agreement.   The  Contractor  agrees  that  the  District  may  terminate  this	
Agreement immediately for cause by providing written notice of termination to the Contractor.	
The District shall provide ten (10) days written notice of termination without cause.  Upon any	
termination  of this  Agreement,  the  Contractor  shall  be  entitled  to  payment  for  all  Services	
rendered up until the effective termination	of this Agreement, subject to whatever claims or off	
sets the District may have against the Contractor as the sole means of recovery for termination.	
SECTION 21.	OWNERSHIP OF DOCUMENTS.  All rights in and title	to all plans, drawings,	
specifications,  ideas,  concepts,  designs,  sketches,  models,  programs,  software,  creation,	
inventions, reports, or other tangible work product originally developed by Contractor pursuant	
to  this  Agreement shall  be and  remain  the  sole  and exclusive property	of the  District when	
developed and shall be considered work for hire.					
SECTION 22.	PUBLIC  RECORDS.	The  Contractor	understands	and  agrees	that	all	
documents of any kind provided to the District in connection with this Agreement may be public	
records and shall be treated as such in accordance with the District's Records Retention Policy	
and Florida law. Pursuant to section	l 19.07(l)(a), Florida Statutes, the Contractor shall permit	
such  records  to  be  inspected  and  copied  by  any  person  desiring  to  do  so.  Failure  of	the	
Contractor to comply with public records laws  to the extent required by statute will  result in	
immediate termination of the Agreement.						

IN WITNESS WHEREOF, year first written above.

the parties hereto have executed this Agreement on the day and

Witness:

Hou,y HILL ROAD EAST COMMUNITY

DEVELOPMENT DISTRICT

Signature

of

Witness

District Manager

Witness:

By:

_____________

_

Signature

of

Witness
Print Name:

_____________

_

Title:

_______________

_

Exhibit A:

Contractor's Proposal dated May 8, 20 l 8

EXHBIT A

Contractor's Proposal

May 8, 2018

East 10th LLC
c/o Holly Hill Road East CDD	Job Site:  Cirtus Isle
Keaton Alexander	Add Gate -  south of Lot 80

12051 Corporate Boulevard	Davenport, FL

Orlando, FL 32817

Thank you for the opportunity to offer you an estimate for your fencing needs located at the job site listed above. Please accept this letter as our Proposal for your review.

Total Estimate:	$1,142.00	

•	Install 1, 72" x 60" Almond Lakeland®  Walk Gate into existing fence line

Price includes tax, materials and installation

Danielle Fence Mfg. Co., Inc. will provide a Certificate of Liability Insurance and Workers' Compensation Certificate, and will maintain it fully in effect until completion of this contract.

Signature: ______________	Date: __________ ,·enn/MG

		~ oantallelter:ice.com	
		1111 ■ 11	
.  Name:	Date:	
f,	J~bsite Addr~ss:	Sales Rep:	
"''	C,ty, State, Zip:		
f1.	S bd .. .		
;.,	u   1v1 s1 on:		
&. Contact:

. YES NO MULTIPLE FENCE SlYLES O [3'
'SEPTIC ..  .. ...... ...d    . ....□ B
' DRAINFIELO  .	.. .... □ Gd	
f. POOL • .. ..............	......□ [2]	
i  SCREENED....... .. ...	.. .□ g,	

,	TREES/ BUSHES..	....... .□ 0		
	ROOTS  .. ..............		.... □ 121		
	SETBACKS.. ... .		.. .... □ 121		
	WALL MOUNTS .	......	. ... □ 0		
:	CORNER LOT........		.......Q 12T		
	CROSS ST. NOTED.......IZ'.J0		
	BUILDINGS ............		.. .0 0		
: SHEDS . .. ........	.....	.. □ 121		
..	COLUMNS ....	........... .□ [21		
	EXISTING FENCE...	..    . 0 [a		
	TEAR DOWN.....	...	)Z'.]□		
	Wood □		\\		
;   Aluminu~m□·,R		
·	PVC[J/		J		
1	Sli~~i~l~nk □	1fJ).........		
-.	Fenc  □			
	Gate  D		v		

'

: PRIVATE UTILITIES • □ · PERMIT REQUIRED ...... .□
·:	HOC REO'D(OV[! S?.SOO) □
:'HOA OR POA   ...........□
. □DANIELLE

□HOMEOWNER

□Begin without Approval
nWnit fnr ~nn11wnl

~

•

□							
/?	0 101====-&1 ]~ ~ 9 9 @ e		
.  X•X•X-X  @<:=> 0			
Existing Sprinker	Screened	Conue1e	Utility	WotorWollElectricPool		
fenceHead   Bushes    Trm	PoolPool		BoxDrainlieldSlopo	UnitS cket    Mount    Me!llr     Pump		
l MATE~ ALS:  ~d =~;:gr~.;~~-	::::}%~~ lj w.	I		
11NOTES:  ;t;.h,; ii  ~ . µ,	II•"	fud'&...di.	t i,/,:,   &r 53P	l		

/

I

I • I

I

Holly

Community

Hill Road East

Development District

Payment

Authorization

No. 26 -	29	

HOLLY HILL ROAD EAST COMMUNITY DEVELOPMENT

DISTRICT

Payment Authorization No. 026

4/13/2018

Item	Vendor

No.

1	Business Observer

Legal Advertising 04/06/2018

Invoice

Number

18-00563K

General

Fund

$	46.75

TOTAL

$

46.75

z:~/4_ Board Member

Please Return To:

Holly Hill RoadCOD East

c/o Fishkind & Associates

12051 Corporate Boulevard

Orlando, FL 32817

	Business Observer		
	1970 Main Street		
	3rd Floor		
INVOICE	Sarasota, FL 34236		
	,		
Legal Advertising	941-906-9386 x322		
			
Invoice # 18-00563K	Date 04/06/2018		
Attn:	Please make checks payable to:		
Fishkind & Associates, Inc.	(Please note Invoice II on checl<)		
12051 CORPORATE BL VD.	Business Observer		
ORLANDO  FL  32817	1970 Main Street		
	3rd Floor		
	Sarasota, FL 34236		
Description	Amount		
Serial# 18-00563K	$46.75		
Notice of Board of Supervisors' Meeting
RE: Holly Hill Road East Community Development District
Published: 4/6/2018

Important Message	Paid I	()
Total =====$=4:6:.7=5=====

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

NOTICE

The Business Observer makes every effort to ensure that its public notice advertising is accurate and in full compliance with all applicable statutes and ordinances and that ils informationwe is correct. Nevertheless,     ask that our advertisers scrutinize 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.

INVOICE							
Legal Advertising		
Holly	Hlll Roncl Enst Community		
				DcYclopmcnt District					
								Notice	of							
Donrd	of'Supcrvisors' Meeting			
The	Uonrd	of ~\,penisors	of the Holly		
Hill	Rond	East	Community Dcl'elop-		
mcnt	Dist1icl	(''llonrcl")	\\ill	hold  n		
meeting	on	Wcdncsdny, 1\pril 181 2018		
nt 10:-tli n.m.	nt	the omces or	Cnssidy		
Homes, 346	l!nst	Centrnl Ani.,	,vinte·r		
Hnwn,			F101idn	33880.  The  meeting		
is open			lo	the	public		nnd	will	be	con~		
ducted	in ncL'01t1ance\\1th	11rovfaion or		
Florida	1.nw	related	lo	Specinl Districts.		
The	J11L'i!ting	nmy	he	continued	to  n		
date,	time,	nnd place	tu be	sp~cified on		
the record	al the	meeting. A copy of the		
t,gi.•ndn	mny	he ubtnined nt	the offices uf		
the	District	Mmrnger,	12051 Corporate		
nlvd.,	Orlnndn,	Floridn :i2Rl7,	during		
normal	business	hours,				staff		
There	may	be ucwsiuns	when			
or othl'r	indMd11als	may pnrlil'ip,1te by		
sponker	telephone,										
Any	pl)r-;un requiring spticial Hccum-		
nuxlatiuns	at	these	meetings	hl'c.tuse		
of I\  disr1bility	or	physical	impairment		
should		contnct	the	District  Oflke  at		
(407)	3B2--32.5llat	leml fo1ty-elght	(48)		
hours	prior	to	the	meeting,	If	you	ai,,		
heming	or	speech impaired,	please	con-		
tact	the	Florida	Relay	Service al l-800-		
955-8770,	for nid in	contncting	the Dis-		
trict Office,			who	decides to nppe.,l		
Erich			penmn				
nny	decision mnde	by the		Uonrd	\\ith		
respect			to	nny	Jllj\tter  considered  nt		
the	meeting	is	advised that	p['rsou wilt		
need	n		record	of	the		proceedings	nnd		
tlrnt	accordingly, the	person mny	need		
to ensure tlmt	n \·crbatim record of	the		
proceedings	is	mndc,	including	the	tes-		
timony nnd	c\idencc	upon	which	such		
appeal is to be	bllSed.									
District Mnnager											
April	6,		2018							18-00563K		

Business Observer 1970 Main Street 3rd Floor

Sarasota, FL 34236 , 941-906-9386 x322

Payment is expected withinof 30 days	the first publication date of your notice.	

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 10 ensure that its public notice advertising is accurnte and in full complinnee with all applicable statutes and ordinances and		
its inrornmtion is correct, Nevertheless,ask we	that our advertisers scrutinize published ads carerully and alert us immediately to any errors so that we may correct		
them as soon as possible. We cannot accept responsibility ror mistakes beyond bearing the cost or republishing advertisements	that contain errors.		

HOLLY HILL ROAD EAST
COMMUNITY  DEVELOPMENT  DISTRICT

Payment Authorization No. 027

4/20/2018

Item	Vendor	Invoice		General	
No.		Number		Fund	
1	Fishkind & Associates				
	OM Fee & Reimbursables: April 2018	22492	$	1,882.26	
2	Supervisor Fees - 04/18/2018 Meeting				
	Rennie Heath		$	200.00	
	Scott Shapiro		$	200.00	
	Lauren Schwenk		$	200.00	
	John Mazuchowski		$	200.00	

TOTAL	$  2,682.26	

Board Member

Please Return To:

Holly Hill Road East COD

c/o Fishkind & Associates

12051 Corporate Boulevard

Orlando, FL 32817

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

Holly Hill Road East COD

c/o Fishkind & Associates, Inc.

12051 Corporate Blvd

Orlando, FL  32817

File· HollyHillRoadEastCDD

Services:

District Management Fee: April 2018

Website Fee

Postage

Copies

UPS

FISHKIND

& ASSOCIArES

Invoice	
Invoice#:  122492	
4/11/2018	
HOIY11	H'IIRo a d East	
	Amount	
	1,666.67	
	125.00	
	2.82	
	78.00	
	9.77	

Please include the invoice number on your remittance and submit to: Fishkind & Associates, Inc. 12051 Corporate Blvd. Orlando, FL 32817

RECEIVED

Balance

APR 1 3

Due	$1,882.26	
2018		

Ph: 407-382-3256

Fax: 407-382-3254

www.fishkind.com

pltney bowes tjJ)

Account Summary Report

Date Range: March 1, 2018 to March 31st, 2018

Meter Group: All Meters

Meter lW00 - 1376538 OLD at ORLANDO, FL

Meter 4W00 - 0347354 at ORLANDO, FL

Meter Details

ORLANDO, FL

	Account Summary	
i- ..  ..	- ..	
Holly Hill	Road East CDD	

1WOO	-1376538	OLD	1376538	

Grand Total

24978470

$2.820

Copy

Count

Account:

Do\

\'4O}

~-

\

Amount

of

Copies:

75

!-0

Tota

I

$:

_______

____;'j'---'-"'-Cb_O\J_

Month:March

Invoice No

Invoice Date

Account No

Account

Invoice Detail

1803075430 03/21/2018 W203899987/1Y9R28 FISH KIND & ASSOCIATES

,.;,---.,_		;o "",·.r,-=--c- ifv; q	~1ori""';,., ,.., r; le! r;:: -..			
							
			~t·QJ_:.iLf·'r1·~		U....t ,..	-.r~		
(,f~~:r-	,, l~f-		t:,;d1			r::::,		
f(y	i )l	":.,,.,L!  , .	ro.t..=J		~iir-,\~,v f',f!tJ ~~:;:::		
					_		1			
\sci/		tXPR E~S				

Billing

List

Discoun!

UPS No: 1Z1Y9R281399974458		
Pickup Date	03/13/2018		
Service Level			
	Next Day Air Saver		
Weight			
	1 lb		
Zone			
	136		
Payer			
	Shipper		

Shipper

FISHKIND &ASSOCIATES 12051 CORPORATE BLVD ORLANDO
FL 32817

Receiver

U.S. BANK, N.A.-CDD

EP-MN-01LB

1200 ENERGY PARK DRIVE

SAINT PAUL

MN 55108

Freight

Fuel Surcharge

Price 68.64 4.64

Price 54.91 3.71

Bill Reference:	JENNIFER GLASGOW		
	, HM, HH, MC,		
Greenewa			
	Silver & Blk		
	Greeneway, HM, HH,		
	MC, Silver		

LOCKBOX SERVICES-12-		
&	v	1 count		
Blk				

Total	73.28		
Sub Total	73.28		

58.6~//

58.152 //

Holly Hill Road East Community Development District

Date of Meeting:  April	18,	2018	

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

Attendance

X

X (p)

X

X

Fee

$200

$200

$200

$200

$0

$800

Approved <K<~

For Payment:
c·~. _Ah;1

'---i./

Date

'-

C,

/ '

"

'y,

HOLLY HILL ROAD EAST COMMUNITY DEVELOPMENT

DISTRICT

Payment Authorization No. 028

4/27/2018

Item	Vendor	Invoice

No.	Number

General

Fund

1

Business Observer				
Legal Ads on 04/20/2018 and 04/27/2018	18-00648K	$	1,160.26	

2	Hopping Green & Sams		
	General Counsel Through 03/31/2018	99861	

$

3,498.75

TOTAL

$

4,659.01

z:~/4_ Board Member

Please Return To:

Holly Hill Road East

COD

c/o Flshkind & Associates 12051 Corporate Boulevard Orlando, FL 32817

INVOICE

Legal Advertising

Invoice # 18-00648K

Attn:
Fishkind & Associates, Inc.
12051 CORPORATE BLVD.
ORLANDO  FL  32817

Business Observer

1970 Main Street
3rd Floor
Sarasota, FL 34236

'
941-906-9386 x322

Date 04/20/2018
!\Jr:1· J	,   ,,	,,.,  /,.!)	
· 1	L .. 1	A--lJf1	'l'·l'1fl'lfl	

Please make checks payable to: (Please note Invoice# on check) Business Observer

1970 Main Street 3rd Floor
Sarasota, FL 34236

Description	Amount		
Serial # 18-00648K	$1,160.26	I	
Notice of Public Hearing to Consider Imposition of Special			
Assessments and Adoption of Assessment Roll			
RE: Holly Hill Road East Community Development District			
Published: 4/20/2018, 4/27/2018			

Important Message	Paid I	()

Total ====$=1=,1=6=0=.2=6====

Payment is expected within 30 days of the first publication date of your notice.

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

NOTICE

The Business Observer makes every effort to ensure that its public notice advertising is accurate and in full compliance with all applicable statutes and ordinances and that its information is correct. Nevertheless, we ask that our advertisers scrutinize 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.

_ MRST INSE!lllO~_. ___  -

Ntm(f.Ofl'UBUC

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mrosnms

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1,0.07,flmuo.t~TATUTTS,ll\'Tllf.

llOU.r

11111..

1!0.\0

t:A.«Cml)!UNnYmXU.OP)IFSf

lll5TRIL'T

xonn:orrunucUP.ARIS(;TO co~smntAllOl'TIO:\'OF ,\5,~fSSUF-',T llOU.1'l11l.';;ll.\l\'TTnfi•:c-no~191~"°-12(4)(b). nnnm\ ST,\TUlf.'i,ll\'TIIC:1101.L\'IIIIJ.RO.\O	fA~C'O)BIUNm' OF.\1-:I.OP.\ILVfDISTIUCT		
Th-. 11•'11 !Iii RJ,,I fA.•tC,nirn.~nilyn,ul,'{>ll«ilt m,ukt r,,u'1.,(S;1s.ni.,....., ('1',,u1>ll11i1lh,.\I	ruUk horir-,.,.,, W«lnt•d•r,>E•rlG,:ZtllK it 10113•-"'· al.110 1:u1c~,11,.],',rn11t, "1n1tr	ll~HD, n.:,.,-..•o, lnnruJ,-l.rtMoA-,;,tl,nrlMiuu'"'		
ir~u ,,-n_ 11,t	l"'f"►	t{ •r-.d.	"'""'""-nh tu .....wn rnr-~nl hi:.:h ,., f-ta,(,1,J Judi .,;t!,l~	th• ll<ilJ lh!l Jt,,,d Wt C'•o:n.<r1~tJlf Dn~1'r"ml Ol>hi<t ("llittrittl. aJ.r'-·Hx,,.(.,blJ.hr.l, It> ht a,..,_J i< ,~,,,,111.,,!,,,..:; 11>-J lnf"'"i,-J.., f;.,r ll,1 lny.		
nik<1~>11	ltd111fonn1'1,1-M 1>f1ht	JJ>."<hl l•<rt11:r,rnu. Tbt Ul'J Int•! h:i~/\,.J 11 dq!!.:ti,ll,.rh.{ uJ\11M J1111r).1i	.\mmltJ 10,l ki-WcJ M.utn f.11tfn,..:t'• ltfr-.,n,dut1l	J!mh ·J~ WI~ (It.,. '111'{'1'1\t~li! ftln').. Tl>-?- r-uW,·t.t.1rln.th h-fo.(lof'>.b;r.J		
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l--lopping Green &

Attorneys and Counselors

Sams

119

S.

Monroe Street, Ste.

P.O. Box 6526

300

Tallahassee,

FL

32314

850.222.7500

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

STATEMENT

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

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

April 25, 2018

Bill

Billed

Number	99861	
through	03/31/2018	

General Counsel/Monthly Meeting	
HHECDD	00001	RVW	
FOR PROFESSIONAL SERVICES RENDERED	
03/01/18	SSW	Prepare for and attend development status conference all.	

0.60

hrs

03/08/18	SSW	
03/12/18	SSW	
03/12/18	AHJ	

Prepare for and attend development status conference call. Confer with Gaarlandt regarding meeting agenda items.

Prepare resolution setting hearing on uniform method of collection, 170.03 and 170.07 assessment resolutions; confer with Gaarlandt regarding same; prepare notice of establishment; confer with Plenzler and Wood regarding amendments to master engineer'sreport and master methodology report.

0.30

0.30

1.70

hrs

hrs

hrs

03/13/18	SSW	Prepare comments to draft meeting minutes and agenda; prepare comments to		
		amended and restated engineer'sreport; confer with Rowan regarding same.		
03/13/18	AHJ	Confer with Rowan regarding amended and restated engineer'sreport;	prepare		
					
		agenda items.			
03/14/18	RVW	Confer with LaRocco regarding revised boundary of district.			
03/14/18	SSW	Prepare resolutions declaring assessments, setting public hearing, and	setting		
		public hearing on uniform method for expansion area; confer with Plenzler and		
		Rowan regarding amended and restated reports regarding expansion area;		
		prepare comments to amended and restated assessment methodology.		

0.	90	
1.00	
0.20	
1.90	

hrs

hrs

hrs

hrs

03/15/18	SSW	
03/15/18	AHJ	
03/16/18	SSW	

Prepare for and attend development status conference call.

Transmit to Polk County supervisor of elections ordinance establishing district, ordinance expanding boundaries of district, and boundary map.

Follow-up with Rowan regarding revisions to amended and restated master engineer'sreport; prepare notice of boundary amendment; confer with Gaarlandt regarding same.

0.30

0.30

0.90

hrs

hrs

hrs

03/20/18	RVW	Travel to board meeting.		
03/20/18	SSW	Prepare comments to revised amended and	restated ~ssessment methodology	
		report; prepare for meeting.		

1.20

1.10

hrs

hrs

General Counsel/Monthly Meetin	BIii	No.	99861	

Page	2	

03/21/18	RVW	
03/27/18	AHJ	

Prepare for and attend board meeting.			
Prepare updates to district file regarding executed	170.03 and	170.07	
assessment resolutions; confer with Gaarlandt and Allende regarding executed	
notice of boundary amendment.			

3.10	hrs

0.30	hrs

03/29/18SSW	Prepare for and attend development status conference call.	
Total fees for this matter	
DISBURSEMENTS			
Document Reproduction		
Conference Calls		
Total disbursements for	this matter	

0.30 hrs $3,424.50

66.00 8.25

$74.25

MATTER SUMMARY						
Jaskolski, Amy H. - Paralegal	3.30	hrs	125	/hr	
Van Wyk,	Roy	4.50	hrs	310	/hr	
Warren, Sarah S.	6.60	hrs	245	/hr	
	TOTAL FEES					
	TOTAL DISBURSEMENTS					
TOTAL CHARGES FOR THIS MATTER					
BILLING SUMMARY						
Jaskolski, Amy H. - Paralegal	3.30	hrs	125	/hr	
Van Wyk,	Roy	4.50	hrs	310	/hr	
Warren, Sarah S.	6.60	hrs	245	/hr	
	TOTAL FEES					
	TOTAL DISBURSEMENTS					
	TOTAL CHARGES FOR THIS BILL					
	Please include the bill number on	vour check.		

$412.50 $1,395.00 $1,617.00

$3,424.50 $74.25

$3,498.75

$412.50 $1,395.00 $1,617.00

$3,424.50 $74.25

$3,498.75

HOLLY HILL ROAD EAST COMMUNITY DEVELOPMENT

DISTRICT

Payment Authorization No. 029		
5/4/2018				
Item		Vendor	Invoice	
No.			Number	
1	Dennis Wood Engineering		
	Engineering Services Through 04/01/2018	2048	
2	Duke Energy			
	Acct: 97939 61028	; Deposit		
	Acct: 57840 25499	; Deposit		

	General	
	Fund	
$	1,207.50	
$	240.00	
$	240.00	

TOTAL

$

1,687.50

Please Return To:

Holly Hill Road East CDD

c/o Fishkind & Associates

12051 Corporate Boulevard

Orlando, FL 32817

r•,,111	
1'	f,)	

v ~

fi,
[ 1I

.i.. I

'}[l"o /. J jf}

Dennis Wood Engineering, LLC	
1925 Bartow Road ,Suite	I 01	
Lakeland, Fl 33801		

Bill To

Rennie Heath
Cnssidy Holdings, LLC

346 East Central Avenue
Winter l-luven, FL 33880

Date 4/6/2018

Invoice

Invoice#

2048

P.O. No.

Terms	Project

Quantity	Description	
I	Principal Engineer 2-26-18	
0.5	Principal Engineer 3-8-18_	
1.5	Administrative Assistant J-12-18	
0.5	Prindpal Engineer 3- I 3-18	
1.5	Principal Engineer J-16-18	
2	Principal Engineer 3-l 9• l 8	
I	Principal Engineer 3-20-18	
l.5	Principal Enginccr3-21-l8	
0.5	Principal Engineer J-27-18	
0.5	Principal Engineer 3-29-l 8	

/2~ 170;1..

Rate

125.00 125.00 55.00 125.00 125.00 125.00 125,00 125.00 125,00 125.00

Amount

125.00 62.50 82.50 62.50 187.50 250,00 125.00 187.50 62.50 62.50

Holly Hill Road East CDD

Billing 2-26-18-18 thru 4-1-18

Total

$1,207.50

DUKE ENERGY®

	NBi			
STATEMENT OF SERVICE	~	97939 61028		
				
APRIL2018				

FOR CUSTOMER SERVICE OR PAYMENT LOCATIONS CALL: 1-877-372-8477

WEB SITE: www.duke-energy.com

TO REPORT A POWER OUTAGE: 1-800-228-8485

PIN: 568174431 METER READINGS

HOLLY HILL ROAD EAST CDD		
ATTN:	JOE  MCCLAREN			
12051	CORPORATE	BLVD	32817		
ORLANDO	FL			
SERVICE ADDRESS	LITE,		
102  CITRUS  ISLE	LOOP			
ENTRY	LITES				
DEPOSIT					
TOTAL	CURRENT  BILL				
TOTAL	DUE  THIS  STATEMENT		

DUE DATE MAY 16 2018

NEXT READ DATE ON OR ABOUT

TOTAL AMOUNT DUE 240.00

DEPOSIT AMOUNT ON ACCOUNT

NONE

240.00

240.00 $240.00

Payment
avoid a

of	this statement within 90 days	
1 %	late charge being applied to	

from the billing this account.

date will

ENERGY USE

----

il

BF_BL_DEF_20180424_212257 _ 1.CSV-13111--000034820	THIS SECTION		
DETACH AND RETURN			

Make checks payable to:  Duke Energy

ZP03 0001430

ACCOUNT NUMBER • 97939 61028

01	3	111	0 0 0 0	3.4	8 2	0												
111		1		1	11	1	11	••1	111	11	11	11	1	1	1	1	1	1	1	11	•1	1		
	1 '11	1 11	1ll1									•1	1l11	1111	1 •1•	1111	1l					
HOLLY HILL ROAD EAST COD										
ATTN: JOE MCCLAREN												
12051 CORPORATE BLVD											
ORLANDO FL 32817-1450											

MAY 16 2018

P.O.  BOX 1004
CHARLOTTE,
NC 28201-1004

240.001

PLEASE ENTER

AMOUNT PAID
I

979396102830000002Lf000200000000000000000024

□

0

□

20100000000009

DUKE ENERGY®

STATEMENT OF SERVICE	25499		
57840			
APRIL2018			

FOR CUSTOMER SERVICE OR PAYMENT LOCATIONS CALL: 1-877-372-8477

WEB SITE: www.duke-energy.com

TO REPORT A POWER OUTAGE: 1-800-228-8485

PIN: 568174431 METER READINGS

	HOLLY HILL ROAD EAST CDD		
	ATTN,	JOE	HCCLAREN			
	12051	CORPORATE  BLVD			
	ORLANDO	FL	32817		
	SERVICE ADDRESS	WELL		
	569  CITRUS  ISLE  LOOP,			
	DAVENPORT	FL	33837		
DEPOSIT					
TOTAL	CURRENT	BILL			
TOTAL  DUE  THIS  STATEMENT		

DUE DATE MAY 16 2018

NEXT READ DATE ON OR ABOUT

TOTAL AMOUNT DUE 240.00

DEPOSIT AMOUNT ON ACCOUNT

NONE

240.00

240.00 $240.00

Payment

avoid a

of	this statement within 90 days	
1 %	late charge being applied to	

from the billing this account.

date

will

ENERGY

USE----

BF_BL_DEF_20180424_212257 _1.CSV-13110-0ooo:yia20	DETACH AND RETURN THIS SECTION

Make checks payable to:	Duke Energy	

ZP03 0001429

ACCOUNT NUMBER - 57840 25499

013110	000034820			
11111111 II 111111111ll111111111111 Iii Ill 111111111 lip 1111111	I• 11	II	
HOLLY HILL ROAD EAST CDD			
ATTN: JOE MCCLAREN			
12051 CORPORATE BLVD			
ORLANDO FL 32817-1450			

MAY 16	2018	

P.O.  BOX 1004
CHARLOTTE,
NC 28201-1004

240.001

PLEASE ENTrn

AMOUNT PAID
I

578402549960000002400020000000000000000002400020100000000009

Holly

Hill

Road

East

Community

Development District

Monthly

Financials

Holly Hill Road East CDD

Statement of Financial Position

As of 4/30/2018

	General Fund	Debt Service	Capital	Long-Term	Total	
		Fund	Projects Fund	Debt		
		Assets				
Current Assets						
General Checking Account	$19,430.09				$19,430.09	
Accounts Receivable • Due from Developer	1,000.00				1,000.00	
Deposits	240.00				240.00	
Debt Service Reserve A1  Bond		$132,279.69			132,279.69	
Revenue A1  Bond		595.63			595.63	
Interest A 1 Bond		92,494.19			92,494.19	
Acquisition/Construction A1  Bond			$1,138,705.71		1,138,705.71	
Cost of Issuance A 1 Bond			49.64		49.64	
Total Current Assets	$20,670.09	$225,369.51	$1,138,755.35	$0.00	$1,384,794.95	
Investments						
Amount Available in Debt Service Funds				$225,369.51	$225,369.51	
Amount To Be Provided				3,934,630.49	3,934,630.49	
Total Investments	$0.00	$0.00	$0.00	$4,160,000.00	$4,160,000.00	
Total Assets	$20,670.09	$225,369.51	$1,138,755.35	$4,160,000.00	$5,544,794.95	
	Liabilities and Net Assets				
Current Liabilities						
Accounts Payable	$7,341.27				$7,341.27	
Accounts Payable			$701,246.47		701,246.47	
Retainage Payable			107,642.08		107,642.08	
Deferred Revenue			1,000.00		1,000.00	
Total Current Liabilities	$7,341.27	$0.00	$809,888.55	$0.00	$817,229.82	
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	$4,160,000.00	$4,160,000.00	
Total Liabilities	$7,341.27	$0.00	$809,888.55	$4,160,000.00	$4,977,229.82	
Net Assets						
Net Assets, Unrestricted	$147,713.59				$147,713.59	
Current Year Net Assets, Unrestricted	(146,713.59)				(146,713.59)	
Net Assets• General Government	(12,786.57)				(12,786.57)	
Current Year Net Assets - General Government	25,115.39				25,115.39	
					0.00	
Current Year Net Assets, Unrestricted		225,369.51			225,369.51	
Net Assets, Unrestricted			($171,505.80)		(171,505.80)	
Current Year Net Assets, Unrestricted			897,361.45		897,361.45	
Net Assets - General Government			(396,988.85)		(396,988.85)	
Total Net Assets	$13,328.82	$225,369.51	$328,866.80	$0.00	$567,565.13	

Total Liabilities and Net Assets	$20,670.09	$225,369.51	$1,138,755.35	$4,160,000.00	$5,544,794.95

Holly Hill Road East COD

Statement of Activities

As of 4/30/2018

	General Fund	Debt Service	Capital Projects	Long-Term	Total	
		Fund	Fund	Debt		
Revenues						
Developer Contributions	$74,750.00				$74,750.00	
Inter-Fund Transfers In	(146,713.59)				(146,713.59)	
Debt Proceeds		$224,773.88			224,773.88	
Developer Contributions			$3,000.00		3,000.00	
Inter-Fund Transfers In			146,713.59		146,713.59	
Debt Proceeds			3,493,602.82		3,493,602.82	
Total Revenues	($71,963.59)	$224,773.88	$3,643,316.41	$0.00	$3,796,126.70	
Expenses						
Supervisor Fees	$6,800.00				$6,800.00	
D&O Insurance	2,250.00				2,250.00	
Management	11,666.69				11,666.69	
Engineering	1,377.50				1,377.50	
District Counsel	16,351.52				16,351.52	
Audit	2,000.00				2,000.00	
Telephone	8.44				8.44	
Postage & Shipping	75.53				75.53	
Copies	274.35				274.35	
Legal Advertising	3,030.58				3,030.58	
Web Site Maintenance	2,875.00				2,875.00	
Dues, Licenses, and Fees	175.00				175.00	
General Insurance	2,750.00				2,750.00	
Trustee Services			$4,501.00		4,501.00	
Management			23,000.00		23,000.00	
Engineering			23,732.50		23,732.50	
District Counsel			124,789.65		124,789.65	
Trustee Counsel			5,000.00		5,000.00	
Bond Counsel			42,500.00		42,500.00	
Landscaping Maintenance & Material			81,132.00		81,132.00	
Contingency			2,447,200.20		2,447,200.20	
Total Expenses	$49,634.61	$0.00	$2,751,855.35	$0.00	$2,801,489.96	
Other Revenues {Expenses} & Gains {Losses}						
Interest Income		$595.63			$595.63	
Interest Income			$5,900.39		5,900.39	
Total Other Revenues (Expenses) & Gains (Losses)	$0.00	$595.63	$5,900.39	$0.00	$6,496.02	
Change In Net Assets	($121,598.20)	$225,369.51	$897,361.45	$0.00	$1,001,132.76	
Net Assets At Beginning Of Year	$134,927.02	$0.00	($568,494.65)	$0.00	($433,567.63)	

Net Assets At End Of Year	$13,328.82	$225,369.51	$328,866.80	$0.00	$567,565.13

	Holly Hill Road East CDD		
	Budget to Actual				
	For the Month Ending 4/30/2018		
		YTD Actual		YTD Budget		
Revenues						
Developer Contributions	$	74,750.00	$	105,000.00		
						
Net Revenues	$	74,750.00	$	105,000.00		
						
General & Administrative Exi2enses						
Supervisor Fees	$	6,800.00	$	3,500.00		
						
D&O Insurance		2,250.00				

YTD Variance		FY 2018	
			Adopted	
			Budget	
$	(30,250.00)	$	180,000.00	
$	(30,250.00)	$	180,000.00	
$	3,300.00	$	6,000.00	
	2,250.00			

Trustee Services

Management

Engineering

Dissemination Agent

District Counsel

Audit

Travel and Per Diem

Telephone

Postage & Shipping

Copies

Legal Advertising

Bank Fees

Miscellaneous

Web Site Maintenance

Dues, Licenses, and Fees

Aquatic Contract

General Insurance

Landscaping Maintenance & Material

	3,500.00	
11,666.69	11,666.69	
1,377.50	8,750.00	
	2,916.69	
16,351.52	14,583.31	
2,000.00	3,500.00	
	291.69	
8.44	116.69	
75.53	175.00	
274.35	291.69	
3,030.58	4,666.69	
	145.81	
	641.55	
2,875.00	1,691.69	
175.00	145.81	
	7,000.00	
2,750.00	3,500.00	
	37,916.69	

(3,500.00)	6,000.00	
	20,000.00	
(7,372.50)	15,000.00	
(2,916.69)	5,000.00	
1,768.21	25,000.00	
(1,500.00)	6,000.00	
(291.69)	500.00	
(108.25)	200.00	
(99.47)	300.00	
(17.34)	500.00	
(1,636.11)	8,000.00	
(145.81)	250.00	
(641.55)	1,100.00	
1,183.31	2,900.00	
29.19	250.00	
(7,000.00)	12,000.00	
(750.00)	6,000.00	
(37,916.69)	65,000.00	

Total General & Administrative Expenses	$	49,634.61	$	105,000.00	

$	(55,365.39)	$	180,000.00	

Total Expenses

Net Income (Loss)

$ $

49 1634.61 25,115.39

$ $

105

1000.00

$ $

(551365.39) 25,115.39

$ $

180 000.00 1

Holly Hill Road East

Community Development District

Number of Qualified Electors in District

(provided under separate cover)