05/20/2015 Minutes (5/7/15 Mtg. Continuation) 97 7,015
MINUTES OF CONTINUED MEETING
HERITAGE BAY
COMMUNITY DEVELOPMENT DISTRICT
The regular meeting of the Board of Supervisors of the Heritage Bay Community
Development District held on Thursday, May 7, 2015 at 9:00 a.m. was continued to
Wednesday, May 20, 2015 at 9:00 a.m. in the Heritage Bay Clubhouse, 10154 Heritage
Bay Boulevard, Naples,Florida.
Present and constituting a quorum were:
Edwin Hubbard Chairman
Ronald Grant Vice Chairman(via telephone)
John May Assistant Treasurer
David Gagne Assistant Secretary
Richard Brodeur Assistant Secretary(via telephone)
Also present were:
Cal Teague District Manager
Justin Faircloth Assistant District Manager
The following is a summary of the minutes and actions taken at the continued May
20, 2015 Heritage Bay Board of Supervisors meeting.
FIRST ORDER OF BUSINESS Roll Call
Mr. Teague called the meeting to order and called the roll.
On MOTION by Mr. May seconded by Mr. Gagne with all in
favor Mr. Grant and Mr. Brodeur were authorized to participate
in the meeting via telephone.
SECOND ORDER OF BUSINESS Public Comments on Agenda Items
There were no comments from the public.
• Mr. Hubbard updated the Board on his meeting with the HOA Master Board
Executive Committee. Discussion ensued with regard to the Umbrella
Association.
• It was agreed the Board would not be compensated for continued meetings.
May 20, 2015 Heritage Bay CDD
THIRD ORDER OF BUSINESS Discussion of the Proposed Fiscal
Year 2016 Budget
• Discussion ensued with regard to the proposed fiscal year 2016 budget and the
following was noted:
➢ The GF debt assessment is to be$50/unit.
➢ The Reserve Assessment is to be$25/unit.
➢ Engineering and legal participation at meetings will be upon request;
determined by the Chair and District Manager.
➢ Reduce Engineering to$14,000.
➢ Reduce Insurance to$13,000.
➢ Reduce loan proceeds to $250,000 and adjust debt service payments
appropriately.
• The budget process was reviewed.
On MOTION by Mr. May seconded by Mr. Gagne with all in
favor Resolution 2015-5 approving the budget for fiscal year
2016 as discussed and setting a public hearing on August 6,
12015 at 9:00 a.m. in the Heritage Bay Clubhouse was adopted.
FOURTH ORDER OF BUSINESS Supervisors' Requests and Audience
Comments
• The next meeting is scheduled for July 9, 2015 at 9:00 a.m.
The record will reflect Mr. Teague left the meeting.
• Mr. Faircloth presented a financial and work in progress update on erosion
repairs.
• The need for additional lake erosion repairs was addressed.
• Mr. May commented that the CDD had put a warning buoy in and the CDD
should send a letter to the Quarry informing them of the installation cost and that
No Wake Zone restrictions are in place and a sign should be installed notifying
boaters.
FIFTH ORDER OF BUSINESS Adjournment
There being no further business,
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May 20, 2015 Heritage Bay CDD
On MOTION by Mr. Gagne seconded by Mr. May with all in
favor the meeting was adjourned
e'
r
Calvin Tea Edwin Hubbard
Secretary / Chairman
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