The URL can be used to link to this page

Backup Documents 04/26/2016 Item #16I1 1611 MISCELLANEOUS CORRESPONDENCE BOARD OF COUNTY COMMISSIONERS April 26, 2016 1. MISCELLANEOUS ITEMS TO FILE FOR RECORD WITH ACTION AS DIRECTED: A. CLERK OF COURTS: 1) Items to be Authorized by BCC for Payment: B. DISTRICTS: 1) Cedar Hammock Community Development District: Meeting Agenda 02/08/2016 Meeting Minutes 02/08/2016 2) Heritage Greens Community Development District: Meeting Agenda 02/22/2016 Meeting Minutes 02//22/016 3) Naples Heritage Community Development District: Meeting Agenda 03/01/2016 Meeting Minutes 03/01/2016 4) Port of the Islands Community Improvement District: Meeting Agenda 01/15/2016 Meeting Minutes 01/15/2016 5) Winding Cypress Community Development District: Proposed FY16/17 Budget C. OTHER: Collier County Housing Authority: Annual Filing Notice; FY15/16 Meeting Schedule; Independent Auditors, Barton, Gonzalez& Myers, P.A Audit Report for the Year Ending September 30, 2015 . 1 161 ' 1]an Cedar Hammock Community Development District n Board of Supervisors By � /� Torn Cook,Chairman Calvin Teague,District Manager Gary McClellan,Vice Chairman Dan Cox,District Counsel Larry Minamyer,Assistant Secretary Sam Marshall,District Engineer Norman Day,Assistant Secretary Vacant,Assistant Secretary Regular Meeting Agenda February 8,2016—3:00 p.m. 1. Roll Call 2. Organizational Matters A. Consideration of Filling Board Vacancy 3. Approval of the Minutes of the January 11,2016 Meeting 4. Audience Comments 5. Old Business A. Update on Bulkhead Repairs 6. New Business A. Cardno Estimates for Well 6 Installation and Pumps for Wells 4 and 6 B. CIP planning C. Lake Analysis Report from C.E.S. 7. Manager's Report A. Presentation of Proposed Budget for FY 2017 i. Consideration of Resolution 2016-3 Approving the Budget and Setting the Public Hearing B. Financial Report for December, 2015 C. Acceptance of the Audit fui FY 2015 8. Attorney's Report 9. Engineer's Report 10. Communication to Master Board 11. Supervisors Request 12. Adjournment THE NEXT REGULAR MEETING IS SCHEDULED FOR MARCH 14,2016 at 3:00 P.M. 161 1B1 Naples Daily News Naples, F_;_: 34110 Affidavit of Publication Naples Daily News CEDAR HAMMOCK COMMUNITY CEDAR HAMMOCK COMMUNITY 210 N UNIVERSITY DR #702 CORAL SPRINGS FL 33071 Notice of Meetings I<kb'I;KENt E: 531406 2015 Cedar Hammock 690340 Community Development District the hoard of Supervisors of the Cedar Hammock community Development District will hold their meetings for State of Fl or i.da Fiscal Year 2016 at the Cedar Hammock Clubhouse,8660 Cedar Hammock Doulevaid,Napales,Florida at 3:00 p.m on the second Count i s s of Collier and Lee Monday of the following months except as noted: Before the undersigned authority, personall October 12,2015 appeared Dan McDermott, says that he serves a November 9,2015 January 11,2016 the Inside SaleSales Supervisor, of the Naples De February d,2016 March 14,2016 news, a daily newspaper published at Naples, April 11,2016 Collier County, Florida: that the attached cc May 9,2016 advertising was published in said newspaper c 1 hera may be occasions when one or more Supervisors I t_ at ecl. will participate by telephone. Meetings may be continued to a date and time certain which will he announced at the meeting. Affiant further says that the said Naples D. lnaccordancewitlttlreprovi�lonsoitheAritericansvvllh News is a newspaper published at Naples, in Disabilities Act,any person re uiringg special accommodations Collier County, Flo:r:i-da, and that the said n ash ouldico tactththe Districtdman gemertthiomppany, Severn has her etofcDr-e been continuously day and has Trent rJ Services at(954)t 56411. If you��l1areehenrinu or spe!ih entered as second class mail matter_ at the p 7�OfcrraidtneorttactirrgtheDistrict0iflreatleasttwo(?)tlays office .in Collier County, Floe ida, for a peri Iarlortnthedoteof heheruingaulimeeting. 1 year next precending the first publication Each person who decides to appeal any action token at these meetings is advised that person will need a record of the attached copy of advertisement; and a ffiant p proceedings and that accordingly, the peri.an may need to ensure that a verbatim record of the proceedings Is made any person, firm or corporation any discc)unt, including rite testimony and evidence upon which such appeal 15 to Ike Uasotl.. commission or refund for the purpose of secuw ;,IvinTeague this advertisement for publication in the sa District Manager newspaper. September 14,2015 No.680340 AD SPACE:42 FILED ON:09/30/15 PUBLISHED ON: September 14, 2015 /�._ — — . _ - — _ _ r 4 S — .� T — P Signature f AFita tt R- Sworn tlo and Subscribed before,'Tile this r ■,�,Y,4, 40hht a Ri , t i; . t ' `, r''..'- Notary Public Slate el Florida Pcr oval ly known by me e i n TnTt N'ff vamp ;1j :,�°;` My Cr,■nm :gores Jul 16,20f9 �'i,1,;;,'" OnntlerlI' _,w,i ,.::viiiNumiucy Assn . kr. - 161 1Bi RESOLUTION 2016-2 A RESOLUTION DESIGNATING OFFICERS OF CEDAR HAMMOCK COMMUNITY DEVELOPMENT DISTRICT WHEREAS, the Board of Supervisors of the Cedar Hammock Community Development District desires to appoint the below recited persons to the offices specified. NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF CEDAR HAMMOCK COMMUNITY DEVELOPMENT DISTRICT: 1. The following persons were appointed to the offices shown,to wit: 11(1 o Chairman �a Diti m�c(j i Vice Chairman Cal Teague Secretary Robert Koncar Treasurer Stephen Bloom Assistant Treasurer Liv'(9 rV 4 i ( Assistant Secretary N. r✓'a rj Assistant Secretary O)[i fyih n Ore Assistant Secretary PASSED AND ADOPTED THIS 8TH DAY OF FEBRUARY,2016. i Y Wlett-o�O 0 2081)2—* Chairman - 7-7 Calvin Teague`°°°°° Secretary 161 lB1 Cardno February 8,2016 Shaping the Future Mr.Cal Teague Cedar Hammock CDD Cardno do Severn Trent Services 5911 Country Lakes Drive 13700 Ben C.Pratt/Six Mile Fort Myers,FL 33905 Cypress Pkwy Unit 1 Fort Myers,FL 33912 Subject: Cedar Hammock WUP NO 11-01711-W USA Proposal to Install Production Well,Pumps and Control Features Phone: +1 239 574 1919 Dear Mr.Teague: Fax: +1 239 574 8106 www.cardno.com Cardno, Inc.(Cardno)is pleased to submit this proposal to install one new production well and two submersible pumps capable of producing 250 gallons per minute and control features to operate the pump systems. Cardno proposes to provide the services outlined in the following tasks. Task 1 -Production Well Installation: Cardno will install one 8-inch diameter production well (Well#6)completed in the Lower Tamiami aquifer.Following the completion of the field work and analysis of collected data, a brief letter report of the installation activities will be provided. The cost for this task includes the fees of a licensed drilling subcontractor,Collier County drilling construction permit, Cardno's professional services for construction oversight by a field hydrogeologist,preparation of a site specific health and safety plan,and data evaluation. The cost to provide the proposed Task 1 services is$20,500.00 lump sum. Task 2-Well Pumps&Control Features Installations: Cardno will install two submersible pumps with control systems.A pump with control system will be installed in the existing Well#4 and in the newly constructed Well#6.The components to this system will include the following items to complete the well and pump system for each well. • 10-horsepower pump and motor set on 3-inch Certa-Lok drop pipe. • Motor starter to control the operation of the pump system. • 24-hour timer to control the operation of the pump. • 3-inch diameter calibrated flow meter. • Concrete pedestal to mount starter,pump and motor control features. • Protective fiberglass enclosure for control features. • 8-inch Simmons cast iron well seal. • 3/16-inch stainless steel safety cable. The cost for Task 2 elements is$41,400.00 lump sum. The proposed cost for Task 2 assumes the installation of a 10-horsepower pump motor.If the well's productive capacity is such that a larger or smaller capacity pump is required,the cost will be adjusted based on the following schedule. The reduction from a 10-horsepower pump to 7.5-horsepower pump will reduce the cost by $210.00 and the reduction to a 5-horsepower pump will reduce the cost by$565.00.If a larger Australia • Belgium • Canada• Colombia • Ecuador •Germany • Indonesia • Kenya• New Zealand • Nigeria• Papua New Guinea • Peru •Philippines • Singapore • United Arab Emirates • United Kingdom • United States • Operations in over 100 countries 161 lB1 2 Cardno° Cedar Hammock CDD February 8,2016 Shaping the Future capacity pump is required,the installation of a 15-horsepower pump will increase the cost by$615.00. The total cost for Task 1 and 2 elements is$61,900.00 lump sum. The location of Well#6 needs to be determined in coordination with Cedar Hammock CDD input.The as-built location of Well#6 may be varied somewhat from its permitted location without requiring any permit modifications. The ability to vary the location of the well is advantageous to reduce the impacts to existing facilities and to position the well in the most favorable location relative to electrical supply.Additionally,the routing for the discharge line from Well#4 to the lake will need to be determined. Based on the variability of the location of Well#6 and the need to determine the optimal routing of discharge from Well#4,this proposal does not include a cost for electrical power supply for both wells or installing the well discharge lines from the wells to the lake system.A separate proposal will be provided for these additional services upon request once the location of Well#6 and the routing of discharge lines have been determined. The cost assumes clear access to the well site,which will be staked by the Client(with Cardno assistance,if requested).This proposal does not constitute a guarantee from Cardno with regard to the quantity and quality of water produced from the proposed well. Underground utility locations will be conducted by Client prior to construction. The well drilling contractor will exercise due diligence and take precautions to avoid damage to existing facilities as a result of normal construction activities.However,considering the need to mobilize a drill rig to the well site, Cardno and the drilling contractor are not responsible for damages to power,water, irrigation,cable TV,fiber optic, phone,gas,LP gas,curbs, landscaping or other existing facilities.Additionally,Cardno the drilling contractor are not responsible for site restoration of plants,grass,sidewalks,concrete,asphalt,trees,paint, or other items which may be impacted by the required site activities. Cardno appreciates the opportunity to provide a proposal for hydrogeological services on your behalf. Please find attached a Professional Services Agreements.If this proposal is acceptable, please execute two copies of the Agreement,retain one for your files,and return the other to Cardno.You may forward a copy of the authorization via email to expedite the start of work. Should you have any comments or questions,or require additional Information, please do not hesitate to contact us. Sincerely, Stephan P. Kohlmeier Gary Susdorf Water Resource Analyst Hydrogeologist/Senior Project Scientist Cardno Cardno Direct Line:239.829.7011 Direct Line:239.829.7025 Email:stephan.kohlmeier@c cardno.com Email:gary.susdorf(cr7cardno.com Enc: Professional Services Agreement(2 Originals) File: Cedar Hammock\Proposals\sk_ch_ct_pro_2.8.2016 www.cardno.com 161 lB1 "`'` ; t�'p y=?x ,-`vim;. �. a'�r^,' r F1""�`sr ,q„`'u`- r X "�y-x 'S,'sz,`'�z ,�. tk ..��'S5, ''d'.e.�5•me., IV tC °£ Cardno' � � � Shaping the Future s, �` At s*� e,,Mn 3a „'. '� Date:February 8,2016 Cardno Project ID:NIA CLIENT: Cedar Hammock CDD do Severn Trent 5911 Country Lakes Drive Fort Myers,FL 33905 Phone: (239)245-7118 Cal Teague Email: cteague @severntrentms.com CARDNO: Fort Myers Phone: (239)829-7025 Cardno Contact: Gary Susdorf Email: gary.susdorf@cardno.com Project Name/Location: Cedar Hammock Well&Pump Systems,Naples,Florida Fee Type: Lump Sum Retainer: A retainer in the amount of$0.00 will be paid to Cardno upon contract execution and prior to the start of work,The retained amount will be credited on the final invoice(s)for services contracted under this Agreement. Estimated Budget: $61,900.00 Scope of Services: Outlined in proposal dated February 8,2016 • Special Conditions: Does not include power supply or discharge line installation.Task 2 cost adjustment to be based on selected pump size. This Agreement and the attached Terms and Conditions and Scope of Services constitute the complete agreement between Cardno and Client with respect to the scope of services hereunder. Fort Myers Cedar Hammock CDD / By: ,/ / BY' Print Name:Gary Susdorf Print Name: 1\- 0-O 1/A 3 Tide:Hydrogeologist Title: C ,i Zr-1 A t3 Ct3 C-- V A3—Cardno Short Form Agreement Page 1 of 2 Z1Prcrect Files\C0 nts A-IX edar Hammock1Proposals1sk_ch cl_pro_Apreemenl 2.8.2016.dacx 2012 V1 161 1B a0 xk to r ' awl s� A4W4M0$ -ry *W ..ANA , A�' ,��k� M �shaping tho � � � � � $g TERMS AND CONDITIONS Cardno shall perform the services outlined in this Agreement for the stated fee in accordance with these terms and conditions: 1) Access To Site(if applicable):Upon execution of this Agreement,the Client represents that they have secured legal rights to access the property and authorizes Cardno staff to access the site for activities necessary for the performance of the services. 2) Payment:Invoices for Cardno's services shall be submitted on a monthly basis.Invoices shall be payable within thirty(30)days after the invoice date. In the event that the Client disputes any portion of an invoice,client shall notify Cardno of such disputed items within ten(10)days of invoice date. Retainers/deposits shall be credited on the final invoice.Failure to make any payment when due is a material breach of this Agreement and will entitle Cardno,at its option,to suspend or terminate this Agreement and the provision of the Services.Interest will accrue on accounts overdue by 30 days at the lesser of 1.5 percent per month(18 percent per annum)or the maximum legal rate of interest allowable.In the event any invoice has not been paid in full within ninety(90)days of the invoice date,Cardno shall have the right to immediately suspend all or any portion of the Services hereunder indefinitely pending payment in full of such invoice(s). 3) Indemnification:Cardno and Client shall indemnify and hold harmless each other from and against damages,liabilities,costs and expenses,including but not limited to reimbursement of reasonable attorney fees arising out of damages or injuries to persons or property to the extent caused by the negligence,gross negligence or willful misconduct by the other party or anyone acting under its direction or control or on its behalf in the course of its performance under this Agreement;provided that each party's aforesaid indemnity agreement shall not be applicable to any liability based upon willful misconduct or negligence of the other party.In no event shall either party be responsible for any form of consequential damages,including,but not limited to loss of sales,loss of profits,and attorney fees thereon.For purposes of this Paragraph,the duty to indemnify does not include the duty to pay for or to provide an up-front defense against unproven claims or allegations.Where any claim results from the joint negligence,gross negligence or willful misconduct by Client and Cardno,the amount of such damage for which Client or Cardno is liable as indemnitor under this Paragraph shall equal (i)the proportionate part that the amount of such claim attributable to such indemnitor's negligence,gross negligence or willful misconduct bears to(ii) the amount of the total claim attributable to the joint negligence,gross negligence or willful misconduct at issue. 4) Limitation of Liabilities:Notwithstanding any other provision in this Agreement,the Client agrees to strictly limit Cardno's liability under this Agreement or arising from the performance or non performance of the Services under any theory of law,including but not limited to claims for negligence,negligent misrepresentation and breach of contract,to the lesser of the fees paid to Cardno for the Services or$61,900.00.No claim may be brought against Cardno in contract or tort more than two(2)years after the cause of action arose.Any claim,suit,demand or action brought under this Agreement shall be directed and/or asserted only against Cardno and not against any of Cardno's employees,shareholders,officers or directors. Cardno's liability with respect to any claims arising out of this Agreement shall be limited as provided herein to direct damages arising out of the performance of the Services and Cardno shall not be held responsible or liable whatsoever for any consequential damages,injury or damage incurred by the actions or inactions of the Client,including but not limited to claims for loss of use,loss of profits and loss of markets. 5) Termination:Subject to Paragraph 2,this Agreement will continue in effect until terminated by either party upon thirty(30)days written notice to the other party.In the event of any termination,Cardno shall be paid for all services rendered and reimbursables incurred through the date of notice of termination.In the event of termination,the Client shall pay all additional costs reasonably related to termination of the project and a proportionate amount of the consideration hereunder commensurate with the portion of the project accomplished. 6) Force Majeure:Any suspension,temporary or permanent,in the performance of this Agreement caused by any of the following events and without fault or negligence on the part of the defaulting party shall not constitute a breach of contract:labor strikes,riots,war,acts of governmental authorities, unusually severe weather conditions or other natural catastrophic events,or any other similar event beyond the reasonable control or contemplation of either party. 7) Assignment:Neither party to this Agreement shall,without the prior written consent,of the other party,which shall not be unreasonably withheld, assign the benefit or in any way transfer any claim or obligation under this Agreement or any part hereof.This Agreement shall inure to the benefit of and be binding upon the parties hereto,and except as otherwise provided herein,upon their executors,administrators,successors,and assigns. 8) Ownership of Documents:All report documents produced by Cardno under this Agreement shall be made available to the Client upon receipt of full payment for services rendered.Cardno shall retain ownership of all field notes,computer files and project files used to produce the work products and may make copies of all work products. 9) Governing Law:The validity of this Agreement and any of its terms or provisions,as well as the rights and duties of the parties hereunder,shall be interpreted and governed by the laws of the State of Florida 10) Legal Construction:In case any one or more of the provisions contained in this Agreement shall for any reason be held to be invalid or unenforceable in any respect,such invalidity or unenforceability shall not affect any other provision hereof.This Agreement shall be construed as if such invalid or unenforceable provision had never been contained herein. 11) Notices:Any notices or written statements hereunder shall be deemed to have been given when mailed by certified or registered mail or via email, with receipt of reply,to the party entitled thereto at its address noted at the top of this Agreement or at such other latest address as it may designate in writing to the other party for this purpose. 12) Entire Agreement:This Agreement supersedes any and of other agreements,either oral or in writing,between the parties relating to the subject matter of this Agreement and is the entire understanding and agreement related thereto.This Agreement may be amended by mutual consent of the parties in writing to be attached hereto and incorporated herein,executed by Cardno's and the Client's respective representatives. 13) Non-Solicitation:Neither party shall knowingly solicit,recruit,hire or otherwise employ or retain the employees of the other working under this Agreement during the term of this Agreement and for one(1)year following the termination or expiration of this Agreement without the prior written consent of the other party. 14) Waiver:Failure by one party to notify the other party of a breach of any provision of this Agreement shall not constitute a waiver of any continuing breach.Failure by one party to enforce any of its rights under this Agreement shall not constitute a waiver of those rights.The waiver by either party of a breach or violation of any provision of this Agreement shall not operate as,or be construed to be,a waiver of any subsequent breach of the same or any other provision hereof. A3—Cardno Short Form Agreement Page 2 of 2 Zi1V sect F'es\Chills A-DrCed&Hammock1Proposals1sk ch ct_pro A4eemen1_2.82016 dock 2012 V1 161 lBj w E 0 m` v El r > m 3 w P � 3-- Q' co 'C IL..cn U' c m E .5 ea ' 0) C_y O L 2 N _ O PCn p5 @ QO. i Pia U WV 8 • 00 W lC4 (A : rn 7 C c •tin p— O n to U ca y a D Q 1•- 0 O O 0.. � O 0 0 d' Or. Co 0 N O O O W 6 O 6 6 O tn O O W CP., V' to. 1` co -- 0 N co (O C'1 a- ce• 7 Ii- O a] Z ' , ( C H o O o ' co O O I- O w tom) C) � rn L ti (0 O E a E c=> O O ` O U) F W 0 o ti o aa)) 0• 0 O d a �, °w L in (o (t in ix) co N- 0 (N '. N ON -C ON N O CV a0 a CO CO ,:CO " CO CO r a. 1 V M M 1, Q d. . 'I- ® C N U € . •C U c m U y 0 E Cr) Z 0 a . - I co f- v m CO O O O O ,_ re c 13 O 1i1fl1 Li Z c ,1 - R A Et U) t/) Y a• d at 41 4! 3 U 0 (C Y Y Y y •N Q Y VJ (p Cl) a m m m m m U N 0 0 r- 161 iBi 0 N a y '0 to C IU EE Y co U J N L Z � d Cr N` y y y to o O O O O O O O 0 M N N N 6 cci winva(» ' 0 ' r` 0) (0 ' ' ' 0 ' N ' ' ' ' to ' 0). N 0) 0 I c r) v o v O m(D w v (N 0 Q CO m 00 0 c) 0) n CO CD m 0 -0 v CO N- N CD VP O C) r) 0 .:: 0 )O m co V N aO ct c'') N V r 0 0 0 N M r- � O C) r N a7 C) O O N N C) N co t` t0 n N O O N N N m V Is N CO CO M n r- O ' Is O 0 N N N t0 (0 r r V r N LL H) m ' vv 0) r, 0) v pvm 0 V p Ovorn(0 )0 G 0 CO CO m 0 0) N m N 7 CO tO O) ti CO O 0 O V V ) N r ^ 0 N N N s O N O M C 1..... CO M N C O CO W 0 LL C N- m r C) h(O C V' O O C D ri O (N m D N O N r N N N m I- N V (C M CO co ti N. O C Y N r r r r N C O w . co t co i t t t V t 0 C ' ' M ' N O C0 (D'Q V 0 0 R O V O (N 0 t0 or V N V N- C) O n O V O r)CO CO O CO (O 'O.Is C) O CO 0 V (O a n r CO '0 r O N CO tO CO r V V O N. n a cN r N 61 r 0 n A O M n r r) t0 O M O 6 CI O m N c0:`O W W t0 O t0 O i9 ?N" to N -. N °)n N1Nmv;a`� - - (D - (,) °iv CO r_t LL, 16 `o w V N 6- a° S " ooh° 1rpr- 8gl . 888 cipD �O O.9r N V O •V N 10 v co co r Q r N V CO O Is N- O M r r M r O n O h 0 0 O N tO O m • O t0 N 0 0 Lei r N N N 01 O. Is N M (D r M M V C' CO CO CO U N e- N +- CO m r r r V CO 0) V LL • 0 Y , U V ' O V O ' ' t p t ' ' ' ' V O O O N N N N h O V O O f~ p C (y N r O D O N. cr N M tO y W m 'O O O M N 0 E r N N N CO M N r1 CO 0 M ^ ^ fs Is CO 0,- C CO _ {Y O L W O O O O O 8 O O m ON V (0 O 0 ..• - CD V 0 CO 0) CO O O pp al CO N ^ r A r CO O CO M d' N - M O r- c0 N m O N O 0 O N N M r N 1.O O CO tH N N N-O O C r n N n m N 0 W N M U 4 n O to O O n M U co N CO CO M N. C c0 0 r) O O O V 0 0 N N CO Is r r r N D C- • M 0 ' ' 0 0 O Is (D '.0) N U) N N O 0 V 0 r CO V O I() (9 O O r Q CO to (9 N ..N r) r1 CO CO 0 t` W O O N V CD N CO t0 N m 0 0) i` CO O D 0) 0 0 O C) N V 0 O )--r M Is C) °a r C) r U) (o N M N N a)(N IC) ao co�o co m(o u) r co co N. N- CO CO CO M CO r O N (N 00 CO 0 r r U. w •yN U E tv U in C C C 0 a N % C at 13 C a) 0 R E Z .> .i.. 0 (0 N m 9 d a LL n c m C cc NY CI rn m .o °f N D: m v a $ c O c0 `2 N 1 N = N ` � (� N N 2 W tlJ co N [O N a,1 N .< ., i0 a) y 'O.x Y 0 a -m2 A 0 a at 0 ca a a a • E m a'c o ia n 5 c 5 E2OC ss Ir NY CC X 0 Omrd -1 xf- =I- • C) 0 W N • N c N d c a N to W to co ta Q1 5 W C T f C 0 0 7 Ny t/ m. L. m m O u+ d .c o C y O- a vN c • c 0 • W , n d c U. • : m D • a = "a (.4 'o m 'm 5 .3 'a)c ra • o N • .r ro O tO 150 O O d C J d' K E X M 0 I- v I-r I- I- CO W 161 1B1 RESOLUTION 2016-3 A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE CEDAR HAMMOCK COMMUNITY DEVELOPMENT DISTRICT APPROVING THE BUDGET FOR FISCAL YEAR 2017 AND SETTING A PUBLIC HEARING THEREON PURSUANT TO FLORIDA LAW WHEREAS, the District Manager has heretofore prepared and submitted to the Board a proposed operating and/or debt service budget for Fiscal Year 2017; a copy of which is attached hereto, and WHEREAS, the Board of Supervisors has considered said proposed budget and desires to set the required public hearing thereon; NOW, THEREFORE BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE CEDAR HAMMOCK COMMUNITY DEVELOPMENT DISTRICT; 1. The budget proposed by the District Manager for Fiscal Year 2017 is hereby approved as the basis for conducting a public hearing to adopt said budget. 2. A public hearing on said approved budget is hereby declared and set for the following date, hour and place: Date: April 11,2016 Hour: 3:00 P.M. Place: Cedar Hammock Clubhouse 8660 Cedar Hammock Boulevard Naples,Florida Notice of this public hearing shall be published in the manner prescribed in Florida Law. Adopted this 8`''day of February, 2016. 7VIA- eft.A.,L-- Torn Cook Chairman r v y Calvin Teague ----- Secretary 161 1B1 CEDAR HAMMOCK Community Development District Annual Operating Budget Fiscal Year 2017 Version 1 -Approved Tentative Budget: (Printed on 2/9/2016 108m) Prepared by SEVERN TRENT,, SERVICES 161 161 CEDAR HAMMOCK Community Development District Table of Contents Page# OPERATING BUDGET General Fund Summary of Revenues,Expenditures and Changes in Fund Balances 1 Budget Narrative 2-4 Exhibit A-Allocation of Fund Balances 5 SUPPORTING BUDGET SCHEDULES 2016-2017 Non-Ad Valorem Assessment Summary 6 161 161 Cedar Hammock Community Development District Operating Budget Fiscal Year 2017 161 lB1 CEDAR HAMMOCK Community Development District General Fund Summary of Revenues,Expenditures and Changes in Fund Balances Fiscal Year 2017 Proposed Budget ADOPTED ACTUAL PROJECTED TOTAL ANNUAL ACTUAL BUDGET THRU JAN- PROJECTED BUDGET ACCOUNT DESCRIPTION FY 2015 FY 2016 DEC-2015 SEP-2016 FY 2016 FY 2017 REVENUES Interest-Investments $ 2,707 $ 2,017 $ 498 $ 1,500 $ 1,998 $ 2,017 Special Assmnts-Tax Collector 279,650 279,653 254,450 25203 279,653 279,653 - Special Assmnts-Delinquent 350 - - - - SpecialAssmnts-Discounts (10,132) (11,186) (10,011) (504) (10,515) (11,186) I TOTAL REVENUES 272,575 270,484 244,937 26,199 271,136 270,484 I EXPENDITURES Administrative ProfServ-Engineering 23,957 20,000 - 10,000 10,000 15,000 ProfSery-Legal Services 627 3,000 250 500 750 2,000 ProfServ-Mgmt Consulting Sery 34,123 35,146 8,786 26,360 35,146 36,200 ProfServ-Property Appraiser 4,195 4,195 4,195 - 4,195 4,195 ProfServ-Special Assessment 2,772 2,855 2,855 - 2,855 2.855 Auditing Services 5,000 5,000 - 5,000 5,000 5,000 Postage and Freight 425 1,065 123 550 673 765 Insurance-General Liability 7,061 8,120 7,135 - 7,135 7,500 Printing and Binding 633 700 334 664 998 1,000 Legal Advertising 668 2,000 419 500 919 1,500 Misc-Bank Charges 609 600 181 400 581 600 Misc-Assessmnt Collection Cost 3,297 5,593 4,889 504 5,393 5,593 Misc-Web Hosting 345 800 232 450 682 850 Office Supplies 44 400 121 240 361 400 Annual District Filing Fee 175 175 175 - 175 175 Total Administrative 83,931 89,649 29,695 45,168 74,863 83,633 Field ProfServ-Field Management 500 700 - 700 700 1,450 Contracts-Water Mgmt Services 7,200 7,200 1,800 5,400 7,200 7,200 Contracts-Water Quality 10,910 10,910 4,535 6,375 10,910 10,910 Utility-Cameras 1,136 1,200 320 1.080 1,400 1,200 R&M-Lake 3,000 156 2,500 2,656 3,000 - R&M-Plant Replacement 3,533 - - - - 3,015 Misc-Contingency 1,938 16,000 - 5,000 5,000 18,251 Capital Outlay 5,631 24,825 - 15,000 15,000 24,825 Reserve-Bridges - 15,000 - - - 15,000 Reserve-Bulkheads 40,041 15,000 - 30,000 30,000 15,000 Reserve-Lakes - 15,000 - 72,000 72,000 15,000 Reserve-Roadways 120,767 72,000 - - - 72,000 nr Total Field 191,656 180,835 6,811 138,066 144,866 186,851 I, TOTAL EXPENDITURES 275,587 270,484 36,606 183,223 219,729 270,484 Net change in fund balance (3,012) - 208,431 (157,024) 51,407 0 FUND BALANCE,BEGINNING 668,162 665,150 665,150 - 665,150 716,557 FUND BALANCE,ENDING $ 666,160 $ 6 =160 $ 873 =5=422.21.1 $ 716,567 $ 716,557 - Annual Operating Budget Page 1 Fiscal Year 2017 161 lB1 Cedar Hammock Community Development District General Fund Budget Narrative Fiscal Year 2017 REVENUES: Interest Income The District earns interest on the monthly average collected balance for their operating accounts,money market accounts and certificates of deposits. Special Assessments-Tax Collector The District will levy a Non-Ad Valorem assessment on all sold and platted parcels within the District in order to pay for the operating expenditures during the Fiscal Year. Special Assessments-Discounts Per Section 197.162, Florida Statutes, discounts are allowed for early payment of assessments. The budgeted amount for the fiscal year is calculated at 4%of the anticipated Non-Ad Valorem assessments. EXPENDITURES: Administrative: Prof Service-Engineering The District's engineer will be providing general engineering services to the District, i.e., attendance and preparation for monthly board meetings,review invoices,etc. Prof Service-Legal Services The District's legal counsel will be providing general legal services to the District, i.e., attendance&preparation for monthly meetings,review operating&maintenance contracts,etc. Prof Service-Management Consulting Sery The District receives Management, Accounting and Administrative services as part of a Management Agreement with Severn Trent Environmental Services, Inc. These services are further outlined in Exhibit"A"of the Management Agreement. Prof Service-Property Appraiser The Property Appraiser provides the District with a listing of the legal description of each property parcel within the District boundaries,and the names and addresses of the owners of such property. The District reimburses the Property Appraiser for necessary administrative costs incurred to provide this service. Per the Florida Statutes,administrative costs shall include,but not be limited to,those costs associated with personnel, forms,supplies,data processing, computer equipment,postage,and programming. The budget for property appraiser costs was based on 1.5%of gross assessments. Annual Operating Budget Fiscal Year 2017 Page 2 161 iBi Cedar Hammock Community Development District General Fund Budget Narrative Fiscal Year 2017 Prof Service-Special Assessment The District's Collection Agent will be providing financials services which include the collection of prepaid assessments, maintenance of District's assessment roll and levying the annual operating and maintenance assessments. Auditing Services The District is required annually to conduct an audit of its financial records by an Independent Certified Public Accounting Firm. Postage and Freight, Mailing of agenda packages,overnight deliveries,correspondence,etc. Insurance-General Liability The District's General Liability&Public Officials Liability Insurance policy is with The Florida League of Cities, Inc. The Florida League of Cities, Inc. specializes in providing insurance coverage to governmental agencies. Printing&Binding Printing and Binding agenda packages for board meetings, printing of computerized checks, stationary,envelopes etc. Legal Advertising The District is required to advertise various notices for monthly Board meetings,public hearings, etc. in a newspaper of general circulation. Misc-Bank Charges Bank analysis fees that are incurred during the year. Misc-Assessment Collection Costs The District reimburses the Tax Collector for her or his necessary administrative costs. Per the Florida Statutes, administrative costs shall include, but not be limited to, those costs associated with personnel, forms, supplies, data processing, computer equipment, postage, and programming. The District also compensates the Tax Collector for the actual cost of collection or 2% on the amount of special assessments collected and remitted,whichever is greater. The budget for collection costs was based on a maximum of 2%of the anticipated assessment collections. Misc—Web Hosting The District incurs expenses to maintain their website. Office Supplies Miscellaneous office supplies required for the preparation of agenda packages. Annual Operating Budget .m Fiscal Year 2017 Page 3 161 lB 1 Cedar Hammock Community Development District General Fund Budget Narrative Fiscal Year 2017 Annual District Filing Fee The District is required to pay an annual fee to the Department of Economic Opportunity Division of Community Development for$175. Field Services: Prof Service—Field Management The District contracted with Severn Trent Services to inspect the field and provide an annual report. Contracts—Water Mgmt Services Professional services for environmental permit compliance. Currently all fees associated with the renewal of the Water Use Permit. Contracts-Water Quality Monitoring Services Testing and other professional services in monitoring water quality for reporting to regulatory agencies. Utility—Cameras Comcast provides monitoring services for the District's gate cameras. R&M-Lake Repair and maintenance expenses related to lakes including washout repairs and erosion. Misc-Contingency Any current year Field expenditure that may not have been provided for in the budget. Capital Outlay Capital expenditures for items such as irrigation equipment or other items meeting capital expenditure requirements with a cost of at least$1,000 and a life expectancy of at least 3 years. Reserve-B 'dees Funds to be set aside for future bridge expenditures as determined by the BOS. Reserve-Bulkheads Funds to be set aside for future bulkhead expenditures as determined by the BOS. Reserve-Lakes Funds to be set aside for future lake expenditures as determined by the BOS. Reserve-Roadways Funds to be set aside for future roadway expenditures as determined by the BOS. Annual Operating Budget Fiscal Year 2017 Page 4 161 iBi CEDAR HAMMOCK Community Development District General Fund Exhibit"A" Allocation of Fund Balances AVAILABLE FUNDS Amount Beginning Fund Balance-Fiscal Year 2017 $ 716,557 Net Change in Fund Balance-Fiscal Year 2017 - Reserves-Fiscal Year 2017 Additions 117,000 (Total Funds Available(Estimated)•9/30/2017 833,557 I ALLOCATION OF AVAILABLE FUND$ Assigned Fund Balance Operating Reserve-First Quarter Operating Capital 38,371 11) Reserves-Bridges FY 2011 Reserve Funding 9,477 FY 2012 Reserve Funding 23,703 FY 2013 Reserve Funding 25,000 • FY 2014 Reserve Funding 15,000 FY 2015 Reserve Funding 15,000 FY 2016 Reserve Funding 15,000 FY 2017 Reserve Funding 15,000 118,180 Reserves-Bulkheads FY 2011 Reserve Funding 40,000 FY 2012 Reserve Funding 38,245 FY 2013 Reserve Funding 47,000 FY 2014 Reserve Funding 15,000 FY 2015 Reserve Funding 15,000 FY 2015 Use of Reserve Funding (40,041) FY 2016 Reserve Funding(projected) (15,000) FY 2017 Reserve Funding 15,000 115,204 Reserves-Lakes FY 2011 Reserve Funding 14,627 FY 2012 Reserve Funding 36,833 FY 2013 Reserve Funding 19,000 FY 2014 Reserve Funding 15,000 FY 2015 Reserve Funding 15,000 FY 2016 Reserve Funding(projected) (57,000) FY 2017 Reserve Funding 15,000 58,460 Reserves-Roadways FY 2011 Reserve Funding 145.000 FY 2012 Reserve Funding 23,375 FY 2013 Reserve Funding 25,223 FY 2014 Reserve Funding 72,000 FY 2015 Use of Reserve Funding (120,767) FY 2016 Reserve Funding 72,000 FY 2017 Reserve Funding 72,000 288,831 Subtotal 619,046 Total Allocation of Available Funds 619,046 I Total Unassigned(undesignated)Cash $ 214,611 Notes (1)Represents approximately 3 months of operating expenditures Annual Operating Budget Page 5 Fiscal Year 2017 161 161 Cedar Hammock Community Development District Supporting Budget Schedules Fiscal Year 2017 161 iBi CEDAR HAMMOCK Community Development District Cedar Hammock Community Development District 2016-2017 Assessment O&M Assessment Percent Product FY 2016 FY 2017 Change AU Units $ 350.00 $ 350.00 0.0% Annual Operating Budget Fiscal Year 2017 Page 6 161 lB1 Cedar.Hammock Community Development District Financial Report December 31, 2015 Prepared by SEVERN TRENT �`Z�I:ar�� , ` 1" 161 iBi CEDAR HAMMOCK Community Development District Table of Contents FINANCIAL STATEMENTS Balance Sheet Page 1 Statement of Revenues,Expenditures and Changes in Fund Balances General Fund Page 2 SUPPORTING SCHEDULES Non-Ad Valorem Special Assessments Page 3 Accounts Payable Report&Invoice Copies .......................................................... Pages 4-6 Cash and Investment Report ,. Page 7 Suntrust Bank Reconciliation Page 8 Check Register&Invoice Copies Pages 9-21 161 iBi CEDAR HAMMOCK Community Development District Financial Statements (Unaudited) December 31, 2015 161 1B CEDAR HAMMOCK Community Development District General Fund Balance Sheet December 31, 2015 ACCOUNT DESCRIPTION TOTAL ASSETS Cash-Checking Account $ 310,977 Interest/Dividend Receivables 350 Investments: Certificates of Deposit-18 Months 100,000 Money Market Account 469,251 [TOTAL ASSETS $ 880,578 I LIABILITIES Accounts Payable $ 6,147 Accrued Expenses 850 'TOTAL LIABILITIES 6,997 FUND BALANCES Assigned to: Operating Reserves 38,371 Reserves-Bridges 88,180 Reserves-Bulkheads 115,204 Reserves-Lakes 100,460 Reserves-Roadways 216,831 Unassigned: 314,535 'TOTAL FUND BALANCES $ 873,581 I (TOTAL LIABILITIES&FUND BALANCES $ 880,578 I Report Date:1/25/2016 Page 1 161 lB 1 CEDAR HAMMOCK Community Development District General Fund Statement of Revenues,Expenditures and Changes in Fund Balances For the Period Ending December 31, 2015 ANNUAL ADOPTED YTD YTD VARIANCE($) DEC-15 ACCOUNT DESCRIPTION BUDGET BUDGET ACTUAL FAV(UNFAV) ACTUAL REVENUES. Interest-Investments $ 2,017 $ 504 $ 498 $ (6) $ 170 Special Assmnts-Tax Collector 279,653 240,837 254,450 13,613 69,650 Special Assmnts-Discounts (11,186) (10,771) (10,011) 760 (2,574) 'TOTAL REVENUES 270,484 230,570 244,937 14,367 67,246' EXPENDITURES Administration ProfServ-Engineering 20,000 5,000 - 5,000 - ProfServ-Legal Services 3,000 750 250 500 250 ProfServ-Mgmt Consulting Sery 35,146 8,787 8,786 1 2,929 ProfServ-Property Appraiser 4,195 4,195 4,195 - - ProfServ-Special Assessment 2,855 2,855 2,855 - 2,855 Auditing Services 5,000 - - - - Postage and Freight 1,065 266 123 143 5 Insurance-General Liability 8,120 8,120 7,135 985 - Printing and Binding 700 175 334 (159) 166 Legal Advertising 2,000 501 419 82 - Misc-Bank Charges 600 150 181 (31) 99 Misc-Assessmnt Collection Cost 5,593 4,817 4,889 (72) 1,342 Misc-Web Hosting 800 200 232 (32) 132 Office Supplies 400 100 121 (21) 61 Annual District Filing Fee 175 175 175 - - Total Administration 89,649 36,091 29,695 6,396 7,839 Field ProfServ-Field Management 700 700 - 700 - Contracts-Water Mgmt Services 7,200 1,800 1,800 - 600 Contracts-Water Quality 10,910 2,728 4.535 (1,807) - Utility-Cameras 1,200 300 320 (20) 113 R&M-Lake 3,000 750 156 594 - Misc-Contingency 16,000 4,000 - 4,000 - Capital Outlay 24,825 6,205 - 6,205 - Reserve-Bridges 15,000 15,000 - 15,000 - Reserve-Bulkheads 15,000 15,000 - 15,000 - Reserve-Lakes 15,000 15,000 - 15,000 - Reserve-Roadways 72,000 72,000 - 72,000 - Total Field 180,835 133,483 6,811 126,672 713 'TOTAL EXPENDITURES 270,484 169,574 36,506 133,068 8,552' Net change in fund balance $ - $ 60,996 $ 208,431 $ 147,435 $ 58,694 FUND BALANCE,BEGINNING(OCT 1,2015) 665,150 665,150 665,150 FUND BALANCE,ENDING $ 665,150 $ 726,146 $ 873,581 Page 2 Report Date: 1/25/2016 161 1B1 CEDAR HAMMOCK Community Development District Supporting Schedules December 31, 2015 161 1Bi Cedar Hammock Community Development District Non-Ad Valorem Special Assessments (Collier County Tax Collector-Monthly Collection Distributions) For the Fiscal Year Ending September 30, 2016 Discount/ County Gross Date Net Amount (Penalties) Expense Amount Received Received Amount Amount Received Assessments Levied $279,650 Allocation % 100% 11/04/15 $ 3,249 $ 185 $ 66 $ 3,500 11/16/15 51,368 2,184 1,048 54,600 11/30/15 119,199 5,068 2,433 126,700 12/14/15 51,755 2,138 1,056 54,950 12/31/15 13,979 436 285 14,700 TOTAL $ 239,550 $ 10,011 $ 4,889 $ 254,450 %COLLECTED 91% I TOTAL OUTSTANDING $ 25,200 Report Date: 1/25/2016 Prepared by: Page 3 Severn Trent Management Services 161 1B1 Aged Accounts Payable Monday,January 25,2016 1:35 PM Cedar Hammock CDD Page 1 STSWATER\MPOLANEC (Detail,aged as of December 31,2015) Aged by due date. Document Number is External Document No. No. Name Document Aged Overdue Amounts Doc. Due Date Description Type Number Balance Due Current Up To 30 Days 31-60 Days Over 60 Days Curr. 6 SEVERN TRENT ENVIRONMENTAL Phone: 281-578-4200 Contact: 12/18/2015 DEC MGMT FEE,EMAIL Invoice 2082270 3.291.88 0.00 3,291.88 0.00 0.00 12/18/2015 FY2018 ASSESSMENT ROLL Invoice 2082392 2,855.00 0.00 2,855 00 0.00 0.00 6 Total Amount Due 6,146.88 0.00 6,146.88 0.00 0.00 0.00% 100.00% 0.00% 0.00% Report Total Amount Due(USD) 6,146.88 0.00 6,146.88 0.00 0.00 0.00% 100.00% 0.00% 0.00% Page 4 161 1 B 1 •,,!...„,,,,,„4„4,,,:•:.: Severn Trent Environmental Services,Inc. ,..,...,,,,,..::....,,..::: ,,.I.:'.:•-....,..: 1633/Park Row Ws!7,::,:tUttiENTH,f, Houston,Texas 77084 i SRC INVOICE: STES 2082270 .':Eitti#4V10t.), Telepnone 281 578 4200 I Page: 1 ' Invoice Cate: 12/18/15 Fax 2813983/15 : Salesperson: NianagmentSentices ' • ,- SCED TO 1-00077 , CEDAR NAMMOCK COD 1 ' CEDAR HAMMOCK COD 210 N UNIVERSITY DR 1 210 N UNIVERSITY DR ( STE 702 STE 702 CORAL SPRINGS FL 33071 I CORAL SPRINGS FL 33071 . USA USA REF Cust PO Ship Via Terms 5147020 NET 30 DAYS ... Item: 1:1.11. Description Ouallt.ity U/N Price Extension DECEMBER 2015 MANAGEMENT FF.',ES MANAGEMENT FEE- ADZA1N 1.00 EA 2,928.83 2,928.0:3 001 .531027.51201.5000 MANAGEMENT FEES-FIELD OP SVC .00 EA 0.00 0.00 001.531016.53901.5000 POSTAGE 1.00 EA 4.65 4.65 001.541006,51301.5000 COPIES 1.00 EA 166.40 1 b 6.40 001.54100' .51301 .5000 PHONE .00 EA 0.00 0.00 001.541003.51301.5000 OFFICE SUPPLIES 1.00 EA 60.50 00.50 001.551002.51301.5000 FAXES .00 LA 0.00 0.00 001.541003.51301.5000 %EB HOSTING 1.00 EA 50.00 50.00 OCT - SEPT 2016 MONTHLY UEBSITE FEE PASS THRI1 1.00 SA 81.50 81.50 10/21/15 CAL TEAGUE, MN 008A:M.0:M EMAIL RENEWAL $81.50 RECEIVED CORAL SPRING'S,FL DEC 24 7015 Sub Total: 3,291.80 Misc Charges: 0,00 SEVERN THEN I.ENVIRONMENTAL Tax FreIght: 0.00 Amount: 0,00 SERVICES,INC. Total: 3,291,88 DETACH AND RETURN WITH REMITTANCE 'invoice: 2082270 Cuj,L..mhe,r: 11-00071 CEDAR EAtel.00K COD 3,291.80 REMIT TO: Severn Tient Emil onmental Services,Inc. Page 5 Mall Code 5161 P.O.Box 660367 foillitita:ice I\mot int Dallas,TX 75266-0367 161 113i Severn Trent Environmental Services, Inc. 16337 Park Row Houston,Texas 77084 : SRO INVOICE: STE. 2092392 Telephone 281 578 4200 Page: 1 l ,.•,!'.!:!':!:'-'. ..F"..1,';; Fax 281 398 3/15 . Invoics Dat. ! 12/18/15 ' Salesperscn: ManagementScrylces • , . ( SCLP TO 1 1-00077 CE'JAR HAMMOCK CDD ' . 1 CEDAR HAMMOCK COD , 210 N UNIVERSITY UR . 210 N UNIVERSITY DR STE 702 STE 702 CORAL SPRINGS FL 33071 CORAL SPRINGS FL 33071 USA USA \ - , REF Suet PO Ship via Terms 0147021 NOT 30 DAYS nem; `ina.t Description Q-lanrity U/M Price Extcnr.!ion ASSESSMENT ROLL SERVICES 1.00 EA 2,855.00 2,855.00 RECEIVED CURALSPRWIGS,FL DEC 2, 1 23'15 SEVERN TREN1 ENVIRONMENTAL Sub Total! 2,855.00 Ki.5C Charges: 0.00 SERVICES,10C Freight: 0.00 Tax Amount 0.00 Total: 2,855.00 DETACH AND RETUPN WITH fiErarTANCC Invoic,y:: 20E2392 C'Jstc,mer: i-COC-ri CEDAR HAMMOCK 050 2,855.00 REMIT TO Severn Trent Environmental Services,Inc. Page 6 Mail Code 5161 P.O.Dox 660067 iit;rositanc,0 Amoult Dallas,TX 75266-0367 161 1B1 CEDAR HAMMOCK All Funds Community Development District Cash and Investment Report December 31, 2015 General Fund Account Name Bank Name Investment Type Maturity Yield Balance Checking Account-Operating SunTrust Bank n/a n/a 0.01% $ 310,977 Certificate of Deposit Stonegate Bank 18 month CD 8/10/16 0.60% 100,000 Money Market Account Stonegate Bank Public Funds MMA n/a 0.40% 469,251 Total $ 880,228 **1/18/16- Purchased 12 mo CD @ BankUnited 0.80%for$200,000 Report Date: 1/25/2016 Prepared By: Page/ Severn Trent Management Services 161 1B1 Cedar Hammock CDD Bank Reconciliation Bank Account No. 9995 SunTrust-GF Statement No 12-15 Statement Date 12/3112015 G/L Balance(LCY) 310,976.98 Statement Balance 311,015.32 GIL Balance 310,976.98 Outstanding Deposits 0.00 Positive Adjustments 0.00 - --"--" " - Subtotal 311,015.32 Subtotal 310,976.98 Outstanding Checks 38.34 Negative Adjustments 0.00 Differences 0.00 Ending GIL Balance 310,976.98 Ending Balance 310,976.98 Difference 0.00 Posting Document Document Cleared Date Type No. Description Amount Amount Difference Outstanding Checks 12122/2015 Payment 001685 COLLIER COUNTY TAX COLLECTOR 38.34 0.00 38.34 Total Outstanding Checks 38.34 38.34 Page 8 161 1B1 O M CO U) C) 0 00 . (+) O O V' ^ O O O (0 N N CO 0 ct CO O p 0 0 M U7 O (•) (O (D (O (D U) N. O O nj O (O < �p !p m o O O M U) N (A (O CO U) U) S CO N N L c0 EA V O Eft ER (N U) (0 (R .- Of at O U 69 69 69 69 N E9 M U) (O Q ER 6') E) ER 69 (O LL N 'O co Y a. O 0 O O O O 0 0 0 0 0 2 O O O O M CO M M N M M M M OO ^ M y 0 M U <• () [') Q to U) U) U) U) U UJ U) N U U) '9 U) U) Z 2 J N 0) co N cv N (C N () N N r U O 0 0 O O pp p O O M 0 O O G A co N. O 7 O co U M 7 r U) V CO co 51' 10 N U) U) tO N U) U) U) U) U) U. 1= co m E z o C M o) CO m e C) m g o) co p) V C L .N m U j N .O 'L " LL m N O > rn LL' N 7 y = .c a= CO E _) m N N O m C a u LI N U t7 m < U c m Z T 0) .�.. .�. (0 -g .2N 'C V U U) C ( _ 0 0 co °n 0 0 E. N a) O O 0 5 d J K 2 a LL O a 0 LL O V (L N H d O u O M 0 Z 2 `'' o } 17k O fn O d LL (nZ a z H ll.� Z N U) Z y > � ae a O OLL ¢ (nUCnUCn o 0 C7 £ I. a = aui p W c7 wwwww o z r rn O N .1• d Z Z L Z LL LL it LL U. Y 0 T(d ... U (? O W r < r r r 1- H O 2 a co (5 al i m O .n Q W U 2 00000 U of d �'-J L � w 'fl = I- > Z ZZZZ' 2 O - d o a (o 1. -J 2 2 2 2 m r d c 'a 0 O p Z O p w u) (n n n (� E zz X 6 FC 0 n ¢ O i+ V a (n U < N O O N N I- rn V = y r a I- < > > > > > a > U O 0 0 0 0 0 w 0 o a >4)3 p - Z O Z Z Z Z Z Z N co EO co Lt. O M 0 0 0 0 0 M U) N 0 E Z O 0 N N U) U) N U) U) (U N N N M CO CO CO CO W N O N N 0 N-0 p O) 0 op > 0 0 0 0 0 N N 0 0 co co O N O z N N N N N e. C N ed O O 0 0 W H U) V) V) V) U) 0 0 W W W W W W 0 U U U U U W X W> > > > > i > X � X � X a I-- a X Z 0 VWi m uWi CU tWf) 0 X I-- d FHHrr O Z CC F � - wwwww Z O w r o g F- HF- F- H v) W 0 H U 0 & O 0 Z .:C X W Z 0' K 4' U) z J 0 co ( CC > p n. Z > > > > > r o G < O w < W W W W W W d' < 0 0 N Z 0 0 U. Z a. U) CO CO co (r) • U 0 0 U) ix, N w U0., C N LO UUU n c- .1L (O (Oa (0 U N J (O 4 (O V (O d' (O d• O d co d � F • d (0 o0 co N (O N (0 C 0 gO o 0 0 oO oO 30 0 0 0 0 gO gN oN gN a a co o U 4 (NI aaaaa a W * 16 46 46 Ut It 46 46 46 46 t Y Y Y Y Y Y Y Y Y Y a LL Z U U U U U U •- - U •- U U r- U •- d ' 0 ° Lao w8 ° o o z {L 2 = O = O = = 000 0 2 ° = o i = 0 U 0 U 0 U 0 0 0 U 0 161 1 13 1 Cedar Hammock Community Development District ANNUAL FINANCIAL REPORT September 30, 2015 161 1B1 Cedar Hammock Community Development District ANNUAL FINANCIAL REPORT Fiscal Year Ended September 30, 2015 TABLE OF CONTENTS Page Number REPORT OF INDEPENDENT AUDITORS 1-2 MANAGEMENT'S DISCUSSION AND ANALYSIS 3-7 BASIC FINANCIAL STATEMENTS: Government-wide Financial Statements Statement of Net Position 8 Statement of Activities 9 Fund Financial Statements: Balance Sheet—General Fund 10 Reconciliation of Total Governmental Fund Balances to Net Position of Governmental Activities 11 Statement of Revenues, Expenditures and Changes in Fund Balances—General Fund 12 Reconciliation of the Statement of Revenues, Expenditures and Change in Fund Balances of Governmental Funds to the Statement of Activities 13 Statement of Revenues, Expenditures and Change in Fund Balances—Budget and Actual—General Fund 14 Notes to Financial Statements 15-23 INDEPENDENT AUDITOR'S REPORT ON INTERNAL CONTROL OVER FINANCIAL REPORTING AND ON COMPLIANCE AND OTHER MATTERS BASED ON AN AUDIT OF FINANCIAL STATEMENTS PERFORMED IN ACCORDANCE WITH GOVERNMENT AUDITING STANDARDS 24-25 MANAGEMENT LETTER 26-27 INDEPENDENT ACCOUNTANT'S REPORT/COMPLIANCE WITH SECTION 218.415, FLORIDA STATUTES 28 161 161 << Ganes & Franks Edam, Cenifled Public Accountants Pt 600 Citrus Avenue Suite 200 Fort Pierce,Florida 34950 772/461.6120//461-1155 FAX: 772/468-9278 REPORT OF INDEPENDENT AUDITORS To the Board of Supervisors Cedar Hammock Community Development District Collier County, Florida Report on the Financial Statements We have audited the accompanying financial statements of the governmental activities and the General Fund of Cedar Hammock Community Development District as of and for the year ended September 30, 2015, and the related notes to financial statements, which collectively comprise the District's basic financial statements as listed in the table of contents. Management's Responsibility for the Financial Statements Management is responsible for the preparation and fair presentation of these financial statements in accordance with accounting principles generally accepted in the United States of America; this includes the design, implementation, and maintenance of internal control relevant to the preparation and fair presentation of financial statements that are free from material misstatement, whether due to fraud or error. Auditor's Responsibility Our responsibility is to express an opinion on these financial statements based on our audits. We conducted our audits in accordance with auditing standards generally accepted in the United States of America and the standards applicable to financial audits contained in Government Accounting Standards, issued by the Comptroller General of the United States. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free from material misstatement. An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the financial statements. The procedures selected depend on the auditor's judgment, including the assessment of the risks of material misstatement of the financial statements, whether due to fraud or error. In making those risk assessments, the auditor considers internal control relevant to the entity's preparation and fair presentation of the financial statements in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the entity's internal control. Accordingly, we express no such opinion. An audit also includes evaluating the appropriateness of accounting policies used and the reasonableness of significant accounting estimates made by management, as well as evaluating the overall presentation of the financial statements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion. Fort Pierce/Stuart - 1 - Member AICPA Member AICPA Division For CPA Firms Member FICPA Private Companies Practice Section 161 1B1 Berger,Toombs, Elam, qv Gaines&Frank l.+-I M�w.•r.w. A To the Board of Supervisors Cedar Hammock Community Development District Opinion In our opinion, the financial statements referred to above present fairly, in all material respects, the respective financial position of the governmental activities and the General Fund of Cedar Hammock Community Development District, as of September 30, 2015, and the respective changes in financial position and the budgetary comparison for the General Fund for the year then ended in conformity with accounting principles generally accepted in the United States of America. Other Matters Required Supplementary Information Accounting principles generally accepted in the United States of America require that the Management Discussion and Analysis on pages 3-7 be presented to supplement the basic financial statements. Such information, although not a part of the basic financial statements, is required by the Governmental Accounting Standards Board who considers it to be an essential part of financial reporting for placing the basic financial statements in an appropriate operational, economic, or historical context. We have applied certain limited procedures to the required supplementary information in accordance with auditing standards generally accepted in the United States of America,which consisted of inquiries of management about the methods of preparing the information and comparing the information for consistency with management's responses to our inquiries, the basic financial statements, and other knowledge we obtained during our audit of the basic financial statements. We do not express an opinion or provide any assurance on the information because the limited procedures do not provide us with sufficient evidence to express an opinion or provide any assurance. Other Reporting Required by Government Auditing Standards In accordance with Government Auditing Standards, we have also issued a report dated January 26, 2016 on our consideration of the District's internal control over financial reporting and on our tests of its compliance with certain provisions of laws, regulations and contracts. The purpose of that report is to describe the scope of our testing of internal control over financial reporting and compliance and the results of that testing, and not to provide an opinion on internal control over financial reporting or on compliance. That report is an integral part of an audit performed in accordance with -Government Auditing Standards in considering Cedar Hammock Community Development District's internal control over financial reporting and corn'fiance. /1 �' 4a Berger,Toombs, Elam, Gaines&Frank Certified Public Accountants PL Fort Pierce, Florida January 26, 2016 -2- 161 1Bi Cedar Hammock Community Development District MANAGEMENT'S DISCUSSION AND ANALYSIS For the Year Ended September 30, 2015 Management's discussion and analysis of Cedar Hammock Community Development District (the "District") financial performance provides an objective and easily readable analysis of the District's financial activities. The analysis provides summary financial information for the District and should be read in conjunction with the District's financial statements. OVERVIEW OF THE FINANACIAL STATEMENTS The District's basic financial statements comprise three components; 1) Government-wide financial statements, 2) Fund financial statements, and 3) Notes to financial statements. The Government-wide financial statements present an overall picture of the District's financial position and results of operations. The Fund financial statements present financial information for the District's major funds. The Notes to financial statements provide additional information concerning the District's finances. The Government-wide financial statements are the statement of net position and the statement of activities. These statements use accounting methods similar to those used by private-sector companies. Emphasis is placed on the net position of governmental activities and the change in net position. Governmental activities are primarily supported by special assessments. The statement of net position presents information on all assets and liabilities of the District, with the difference between assets and liabilities reported as net position. Net position are reported in two categories; invested in capital assets, net of related debt, and unrestricted. Assets, liabilities and net position are reported for all Governmental activities. The statement of activities presents information on all revenues and expenses of the District and the change in net position. Expenses are reported by major function and program revenues relating to those functions are reported, providing the net cost of all functions provided by the District. To assist in understanding the District's operations, expenses have been reported as governmental activities. Governmental activities financed by the District include general government, physical environment and interest on long term debt. Fund financial statements present financial information for governmental funds. These statements provide financial information for the major governmental funds of the District. Governmental fund financial statements provide information on the current assets and liabilities of the funds, changes in current financial resources (revenues and expenditures), and current available resources. -3- 161 1B1 Cedar Hammock Community Development District MANAGEMENTS DISCUSSION AND ANALYSIS For the Year Ended September 30, 2015 OVERVIEW OF THE FINANACIAL STATEMENTS(CONTINUED) Fund financial statements include a balance sheet and a statement of revenues, expenditures and changes in fund balances for all governmental funds. A statement of revenues,expenditures, and changes in fund balances—budget and actual, is provided for the District's General Fund. Fund financial statements provide more detailed information about the District's activities. Individual funds are established by the District to track revenues that are restricted to certain uses or to comply with legal requirements. The government-wide financial statements and the fund financial statements provide different pictures of the District. The government-wide financial statements provide an overall picture of the District's financial standing. These statements are comparable to private-sector companies and give a good understanding of the District's overall financial health and how the District paid for the various activities, or functions, provided by the District. All assets of the District, including buildings, land, roads, bridges, and traffic signals are reported in the statement of net position. All liabilities, including principal outstanding on bonds, are included. The statement of activities includes depreciation on all long lived assets of the District, but transactions between the different functions of the District have been eliminated in order to avoid "doubling up" the revenues and expenses. The fund financial statements provide a picture of the major funds of the District. In the case of governmental activities, outlays for long lived assets are reported as expenditures and long term liabilities, such as general obligation bonds, are not included in the fund financial statements. To provide a link from the fund financial statements to the government-wide financial statements, a reconciliation is provided from the fund financial statements to the government-wide financial statements. Notes to financial statements provide additional detail concerning the financial activities and financial balances of the District. Additional information about the accounting practices of the District, investments of the District, capital assets and long term debt are some of the items included in the notes to financial statements. Financial Highlights: The following are the highlights of financial activity for the year ended September 30, 2015. ♦ The District's total assets exceeded total liabilities by $14,221,425 (net position). Unrestricted net position for Governmental Activities was $665,150. Net investment in capital assets was$13,556,275. ♦ Governmental Activities revenues totaled $272,575 while governmental activities expenses totaled $425,408. -4- 161 1BI Cedar Hammock Community Development District MANAGEMENT'S DISCUSSION AND ANALYSIS For the Year Ended September 30, 2015 OVERVIEW OF THE FINANCIAL STATEMENTS (CONTINUED) Financial Analysis of the District The following schedule provides a summary of the assets, liabilities and net position of the District and is presented by category for comparison purposes. Net Position Governmental Activities 2015 2014 Current assets $ 687,247 $ 677,624 Capital assets 13,556,275 13,706,097 Total Assets 14,243,522 14,383,721 Current liabilities 22,097 9,463 Net position-net investment in capital assets 13,556,275 13,706,097 Net position-unrestricted 665,150 668,161 Total Net Position $ 14,221,425 $ 14,374,258 The increase in current liabilities is primarily due to significant repairs occurring near year-end. The decrease in capital assets and net position — net investment in capital assets is primarily due to disposal of capital assets and depreciation in the current year. -5- 161 1B1 Cedar Hammock Community Development District MANAGEMENT'S DISCUSSION AND ANALYSIS For the Year Ended September 30, 2015 OVERVIEW OF THE FINANCIAL STATEMENTS(CONTINUED) Financial Analysis of the District(Continued) The following schedule provides a summary of the changes in net position of the District and is presented by category for comparison purposes. Change in Net Position Governmental Activities 2015 2014 Governmental Revenues Charges for services $ 269,868 $ 269,214 Investment earnings 2,707 2,305 Total Revenues 272,575 271,519 Expenses General government 83,930 81,716 Physical environment 341,478 270,356 Total Expenses 425,408 352,072 Change in Net Position (152,833) (80,553) Net Position-Beginning of Year 14,374,258 14,454,811 Net Position- End of Year $ 14,221,425 $ 14,374,258 The increase in physical environment expenditures is primarily due to significant repairs to roads,walking path, bulkheads. -6- 161 lB 1 Cedar Hammock Community Development District MANAGEMENT'S DISCUSSION AND ANALYSIS For the Year Ended September 30,2015 OVERVIEW OF THE FINANCIAL STATEMENTS(CONTINUED) Capital Assets Activity The following schedule provides a summary of the Districts capital assets as of September 30, 2015 and 2014. Governmental Activities Description 2015 2014 Land and improvements $ 10,991,512 $ 10,991,512 Buildings and improvements 230,362 230,362 Infrastructure 5,640,011 5,580,627 Equipment 35,472 29,841 Accumulated depreciation (3,341,082) (3,126,245) Total Capital Assets(Net) $ 13,556,275 $ 13,706,097 During the year, the District added $118,767 of infrastructure and $5,631 of equipment, disposed of infrastructure with a net value of$29,910, and depreciation was $244,310. General Fund Budgetary Highlights The budget for September 30, 2015 was amended to provide for engineering fees and physical environment costs. The budget exceeded actual government expenditures primarily due to less capital outlay expenditures than were anticipated. Economic Factors and Next Year's Budget Cedar Hammock Community Development District does not expect any economic factors to have any significant effect on the financial position or results of operations of the District in fiscal year 2016. Request for Information The financial report is designed to provide a general overview of Cedar Hammock Community Development District's finances for all those with an interest. Questions concerning any of the information provided in this report or requests for additional information should be addressed to the Cedar Hammock Community Development District, Severn Trent Management Services, Inc., 210 N. University Drive, Suite 702,Coral Springs, Florida 33071. -7- 161 181 Cedar Hammock Community Development District STATEMENT OF NET POSITION September 30, 2015 Governmental Activities ASSETS Current Assets: Cash and cash equivalents $ 584,804 Investments 100,000 Interest receivable 350 Due from other governments 2,093 Total Current Assets 687,247 Non-Current Assets: Capital Assets Not Being Depreciated Land and improvements 10,991,512 Capital Assets Being Depreciated Buildings and improvements 230,362 Infrastructure 5,640,011 Equipment 35,472 Less: accumulated depreciation (3,341,082) Total Non-Current Assets 13,556,275 Total Assets 14,243,522 LIABILITIES Current Liabilities: Accounts payable and accrued expenses 22,097 NET POSITION Net investment in capital assets 13,556,275 Unrestricted 665,150 Total Net Position $ 14,221,425 See accompanying notes to financial statements. - 8- 161 1B1 Cedar Hammock Community Development District STATEMENT OF ACTIVITIES FOR THE YEAR ENDED September 30, 2015 Net(Expense) Revenue and Program Changes in Revenues Net Position Charges for Governmental Functions/Programs Expenses Services Activities Primary government Governmental Activities General government $ (83,930) $ 196,368 $ 112,438 Physical environment (341,478) 73,500 (267,978) Total Governmental Activities $ (425,408) $ 269,868 (155,540) General revenues: Interest earnings 2,707 Total General Revenues 2,707 Change in net position (152,833) Net Position -October 1, 2014 14,374,258 Net Position -September 30, 2015 $ 14,221,425 See accompanying notes to financial statements. -9- 161 1B1 Cedar Hammock Community Development District BALANCE SHEET- GENERAL FUND September 30, 2015 ASSETS Cash and cash equivalents $ 584,804 Investments 100,000 Interest receivable 350 Due from other governments 2,093 Total Assets $ 687,247 LIABILITIES AND FUND BALANCES Liabilities Accounts payable and accrued expenses $ 22,097 Fund balances Assigned: Roadways 216,831 Bulkheads 115,204 Lakes 100,460 Bridges 88,180 Operating reserves 38,371 Unassigned 106,104 Total Fund Balances 665,150 Total Liabilities and Fund Balances $ 687,247 See accompanying notes to financial statements. - 10- 161 1B ]. Cedar Hammock Community Development District RECONCILIATION OF TOTAL GOVERNMENTAL FUND BALANCES TO NET POSITION OF GOVERNMENTAL ACTIVITIES September 30, 2015 Total governmental fund balances $ 665,150 Amounts reported for governmental activities in the statement of net position are different because: Capital assets not being depreciated, land and improvements, used in governmental activities are not financial resources and therefore, are not reported at the fund statement level. 10,991,512 Capital assets being depreciated; building and improvements, $230,362, infrastructure, $5,640,011, and equipment, $35,472, net of accumulated depreciation, $(3,341,082), used in governmental activities are not financial resources and therefore, are not reported at the fund statement level. 2,564,763 Net Position of Governmental Activities $ 14,221,425 See accompanying notes to financial statements. - 11 - 161 161 Cedar Hammock Community Development District STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCES GENERAL FUND For the Year Ended September 30, 2015 Revenues Special assessments $ 269,868 Interest earnings 2,707 Total Revenues 272,575 Expenditures Current General government 83,930 Physical environment 67,258 Capital outlay 124,398 Total Expenditures 275,586 Net change in fund balances (3,011) Fund Balances-October 1, 2014 668,161 Fund Balances-September 30, 2015 $ 665,150 See accompanying notes to financial statements. - 12- 161 1B Cedar Hammock Community Development District RECONCILIATION OF THE STATEMENT OF REVENUES, EXPENDITURES AND CHANGE IN FUND BALANCES OF GOVERNMENTAL FUNDS TO THE STATEMENT OF ACTIVITIES For the Year Ended September 30, 2015 Net change in fund balances-total governmental funds $ (3,011) Amounts reported for governmental activities in the Statement of Activities are different because: Governmental funds report capital outlays as expenditures. However, in the Statement of Activities, the cost of those assets is allocated over their estimated useful lives as depreciation expense. This is the amount that depreciation ($(244,310))and capital disposals ($(29,910))exceeded capital outlay($124,398)in the current year. (149,822) Change in Net Position of Governmental Activities $ (152,833) See accompanying notes to financial statements. - 13- 161 1B1 Cedar Hammock Community Development District STATEMENT OF REVENUES, EXPENDITURES AND CHANGE IN FUND BALANCES -BUDGET AND ACTUAL GENERAL FUND For the Year Ended September 30, 2015 Variance with Final Budget Original Final Positive Budget Budget Actual (Negative) Revenues Special assessments $ 268,467 $ 268,467 $ 269,868 $ 1,401 Interest earnings 2,017 2,017 2,707 690 Total Revenues 270,484 270,484 272,575 2,091 Expenditures Current General government 87,380 93,880 83,930 9,950 Physical environment 32,706 41,306 67,258 (25,952) Capital outlay 150,398 150,398 124,398 26,000 Total Expenditures 270,484 285,584 275,586 9,998 Net change in fund balances - (15,100) (3,011) 12,089 Fund Balances-October 1, 2014 668,162 668,162 668,161 (1) Fund Balances-September 30, 2015 $668,162 $653,062 $665,150 $ 12,088 See accompanying notes to financial statements. - 14- 161 1B1 Cedar Hammock Community Development District NOTES TO FINANCIAL STATEMENTS September 30, 2015 NOTE A-SUMMARY OF ACCOUNTING POLICIES The financial statements of Cedar Hammock Community Development District (the "District") have been prepared in conformity with generally accepted accounting principles (GAAP) as applied to governmental units. The Governmental Accounting Standards Board (GASB) is the accepted standard-setting body for establishing governmental accounting and financial reporting principles. The District's more significant accounting policies are described below. 1. Reporting Entity The District was created on November 23, 1999, pursuant to the Uniform Community Development District Act of 1980, Chapter 190, Florida Statutes, as amended (the"Act"), by ordinance of the Board of County Commissioners of Collier County, as a Community Development District. The District was established for the purposes of financing and managing the acquisition, construction, maintenance and operation of the infrastructure necessary for community development within its jurisdiction. The District is authorized to issue bonds for the purpose, among others, of financing, funding, planning, establishing, acquiring, constructing or re-constructing, enlarging or extending, equipping, operating and maintaining water management,water supply, sewer and waste water management, bridges or culverts, district roads, landscaping, street lights and other basic infrastructure projects within or outside the boundaries of the District. The District is governed by a five-member Board of Supervisors who are elected for four year terms. The District operates within the criteria established by Chapter 190. As required by GAAP, these financial statements present the District (the primary government) as a stand-alone government. The reporting entity for the District includes all functions of government in which the District's Board exercises oversight responsibility. Oversight responsibility includes, but is not limited to, financial interdependency, selection of governing authority, designation of management, significant ability to influence operations and accountability for fiscal matters. Based upon the application of the above-mentioned criteria as set forth by the Governmental Accounting Standards Board the District has identified no component units. 2. Measurement Focus and Basis of Accounting The basic financial statements of the District are composed of the following: • Government-wide financial statements • Fund financial statements • Notes to financial statements - 15- 161 1B1 Cedar Hammock Community Development District NOTES TO FINANCIAL STATEMENTS September 30, 2015 NOTE A -SUMMARY OF ACCOUNTING POLICIES (CONTINUED) 2. Measurement Focus and Basis of Accounting(Continued) a. Government-wide Financial Statements • Government-wide financial statements report all non-fiduciary information about the reporting government as a whole. These statements include the governmental activities of the primary government. The effect of interfund activity has been removed from these statements. Governmental activities are normally supported by special assessments and interest. Amounts paid to acquire capital assets are capitalized as assets, rather than reported as an expenditure. Proceeds of long-term debt are recorded as liabilities in the government-wide financial statements, rather than as an other financial source. Amounts paid to reduce long-term indebtedness of the reporting government are reported as a reduction of the related liability, rather than as an expenditure. b. Fund Financial Statements The underlying accounting system of the District is organized and operated on the basis of separate funds, each of which is considered to be a separate accounting entity. The operations of each fund are accounted for with a separate set of self-balancing accounts that comprise its assets, liabilities, fund equity, revenues and expenditures or expenses, as appropriate. Governmental resources are allocated to and accounted for in individual funds based upon the purposes for which they are to be spent and the means by which spending activities are controlled. Fund financial statements for the primary government's governmental funds are presented after the government-wide financial statements. These statements display information about major funds individually. - 16- 161 1EP. Cedar Hammock Community Development District NOTES TO FINANCIAL STATEMENTS September 30, 2015 NOTE A—SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES(CONTINUED) 2. Measurement Focus and Basis of Accounting(Continued) b. Fund Financial Statements (Continued) Governmental Funds The District classifies fund balance according to Governmental Accounting Standards Board Statement 54 - Fund Balance Reporting and Governmental Fund Type Definitions. The Statement requires the fund balance for governmental funds to be reported in classifications that comprise a hierarchy based primarily on the extent to which the government is bound to honor constraints on the specific purposes for which amounts in those funds can be spent. The classifications include non-spendable, restricted, committed, assigned and unassigned. The District has a policy governing the fund balance classifications. Nonspendable Fund Balance — This classification consists of amounts that cannot be spent because they are either not in spendable form or are legally or contractually required to be maintained intact. Restricted Fund Balance — This classification includes amounts that can be spent only for specific purposes stipulated by constitution, external resource providers, or through enabling legislation. Assigned Fund Balance—This classification consists of the Board of Supervisors' intent to be used for specific purposes, but are neither restricted nor committed. Unassigned Fund Balance — This classification is the residual classification for the government's general fund and includes all spendable amounts not contained in the other classifications. Unassigned fund balance is considered to be utilized first when an expenditure is incurred for purposes for which amounts in any of those unrestricted fund balance classifications could be used. Fund Balance Spending Hierarchy - For all governmental funds except special revenue funds, when restricted, committed, assigned, and unassigned fund balances are combined in a fund, qualified expenditures are paid first from restricted or committed fund balance, as appropriate, then assigned and finally unassigned fund balances. - 17- 161 1B1, Cedar Hammock Community Development District NOTES TO FINANCIAL STATEMENTS September 30, 2015 NOTE A—SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES(CONTINUED) 2. Measurement Focus and Basis of Accounting(Continued) b. Fund Financial Statements (Continued) Governmental Funds(Continued) Expenditures generally are recorded when a liability is incurred, as under accrual accounting. Interest associated with the current fiscal period is considered to be an accrual item and so has been recognized as revenue of the current fiscal period. Revenues are considered to be available when they are collected within the current period or soon thereafter to pay liabilities of the current period. Under the current financial resources measurement focus, only current assets and current liabilities are generally included on the balance sheet. The reported fund balance is considered to be a measure of "available spendable resources". Governmental fund operating statements present increases (revenues and other financial sources) and decreases (expenditures and other financing uses) in net current assets. Accordingly, they are said to present a summary of sources and uses of "available spendable resources"during a period. Because of their spending measurement focus, expenditure recognition for governmental fund types excludes amounts represented by non-current liabilities. Since they do not affect net current assets, such long-term amounts are not recognized as governmental fund type expenditures or fund liabilities. Amounts expended to acquire capital assets are recorded as expenditures in the year that resources were expended, rather than as fund assets. The proceeds of long-term debt are recorded as an other financing source rather than as a fund liability. 3. Basis of Presentation a. Governmental Major Funds General Fund -The General Fund is the District's primary operating fund. It accounts for all financial resources of the general government. - 18- 16 I 1 Cedar Hammock Community Development District NOTES TO FINANCIAL STATEMENTS September 30,2015 NOTE A—SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES(CONTINUED) 3. Basis of Presentation (Continued) b. Non-current Governmental Assets/Liabilities GASB Statement 34 requires that non-current governmental assets, such as land and buildings, and non-current governmental liabilities, such as bonds payable, be reported in the governmental activities column in the government-wide statement of net position. 4. Assets, Liabilities, and Net Position or Equity a. Cash and Investments Florida Statutes require state and local governmental units to deposit monies with financial institutions classified as "Qualified Public Depositories," a multiple financial institution pool whereby groups of securities pledged by the various financial institutions provide common collateral from their deposits of public funds. This pool is provided as additional insurance to the federal depository insurance and allows for additional assessments against the member institutions, providing full insurance for public deposits. The District is authorized to invest in those financial instruments as established by Section 218.415, Florida Statutes. The authorized investments consist of: 1. Direct obligations of the United States Treasury; 2. The Local Government Surplus Funds Trust or any intergovernmental investment pool authorized pursuant to the Florida Interlocal Cooperative Act of 1969; 3. Interest-bearing time deposits or savings accounts in authorized qualified public depositories; 4. Securities and Exchange Commission, registered money market funds with the highest credit quality rating from a nationally recognized rating agency. b. Restricted Assets Certain assets of the District and a corresponding liability or portion of net position is classified as restricted on the statement of net position because their use is limited either by law through constitutional provisions or enabling legislation; or by restrictions imposed externally by creditors. In a fund with both restricted and unrestricted assets, qualified expenses are considered to be paid first from restricted net position and then from unrestricted net position. - 19- 161 Cedar Hammock Community Development District NOTES TO FINANCIAL STATEMENTS September 30, 2015 NOTE A—SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED) 4. Assets, Liabilities,and Net Position or Equity(Continued) c. Capital Assets Capital assets, which include property, plant and equipment, are reported in the applicable governmental or business-type activities column. The District defines capital assets as assets with an initial, individual cost of $5,000 or more and an estimated useful life in excess of one year. The valuation basis for all assets is historical cost. The costs of normal maintenance and repairs that do not add to the value of the asset or materially extend its useful life are not capitalized. Major outlays for capital assets and improvements are capitalized as projects are constructed. Depreciation of capital assets is computed and recorded by utilizing the straight-line method. Estimated useful lives of the various classes of depreciable capital assets are as follows: Buildings 7-39 years Improvements other than buildings 20-40 years Machinery and equipment 5-10 years d. Budgets Budgets are prepared and adopted after public hearings for the governmental funds, pursuant to Section 200.065 of the Florida Statutes. The District utilizes the same basis of accounting for budgets as it does for revenues and expenditures in its various funds. The legal level of budgetary control is at the fund level. All budgeted appropriations lapse at year end. Formal budgets are adopted for the general and debt service funds. As a result, deficits in the budget columns of the accompanying financial statements may occur. -20- 161 IBI Cedar Hammock Community Development District NOTES TO FINANCIAL STATEMENTS September 30, 2015 NOTE B — RECONCILIATION OF GOVERNMENT-WIDE AND FUND FINANCIAL STATEMENTS 1. Explanation of Differences Between the Governmental Fund Balance Sheet and the Government-wide Statement of Net Position "Total fund balances" of the District's governmental funds, $665,150, differs from "net position" of governmental activities, $14,221,425, reported in the statement of net position. This difference primarily results from the long-term economic focus of the statement of net position versus the current financial resources focus of the governmental fund balance sheet. The effect of the differences is illustrated below. Capital related items When capital assets (land, buildings, infrastructure and equipment that are to be used in governmental activities) are purchased or constructed, the cost of those assets is reported as expenditures in governmental funds. However, the statement of net position included those capital assets among the assets of the District as a whole. Land and improvements $ 10,991,512 Buildings and improvements 230,362 Infrastructure 5,640,011 Equipment 35,472 Accumulated depreciation (3,341,082) Total $ 13,556,275 2. Explanation of Differences Between the Governmental Fund Operating Statements and the Statement of Activities The"net change in fund balances"for government funds, $(3,011), differs from the"change in net position" for governmental activities, $(152,833), reported in the statement of activities. The differences arise primarily from the long-term economic focus of the statement of activities versus the current financial resources focus of the governmental funds. The effect of the differences is illustrated below. Capital related items When capital assets that are to be used in governmental activities are purchased or constructed, the resources expended for those assets are reported as expenditures in governmental funds. However, in the statement of activities, the costs of those assets is allocated over their estimated useful lives and reported as depreciation expense. As a result,fund balances decrease by the amount of financial resources expended, whereas net position decrease by the amount of depreciation expense charged for the year. Depreciation $ (244,310) Capital disposal (29,910) Capital outlay 124,398 Total $ (149,822) -21 - 161 161 Cedar Hammock Community Development District NOTES TO FINANCIAL STATEMENTS September 30, 2015 NOTE C -CASH AND INVESTMENTS All deposits are held in qualified public depositories and are included on the accompanying balance sheet as cash and investments. Custodial Credit Risk-Deposits Custodial credit risk is the risk that in the event of a bank failure, the District's deposits may not be returned to it. The District does not have a formal deposit policy for custodial credit risk; however, they follow the provisions of Chapter 280, Florida Statutes regarding deposits and investments. As of September 30, 2015, the District's bank balance was $586,454 and the carrying value was $584,804. Exposure to custodial credit risk was as follows. The District maintains all deposits in a qualified public depository in accordance with the provisions of Chapter 280, Florida Statutes, which means that all deposits are fully insured by Federal Depositors Insurance or collateralized under Chapter 280, Florida Statutes. Investments The District's investment policy allows management to invest funds in investments permitted under Section 218.415, Florida Statutes. The District invested in a certificate of deposit with a fair market value and book value of$100,000. Concentration of Credit Risk The District places no limit on the amount it may invest in any one issuer. NOTE D—SPECIAL ASSESSMENT REVENUES Special assessment revenues recognized for the 2014-2015 fiscal year were levied in October 2014. All taxes are due and payable on November 1 or as soon as the assessment roll is certified and delivered to the Tax Collector. Per Section 197.162, Florida Statutes, discounts are allowed for early payment at the rate of 4% in November, 3% in December, 2% in January, and 1%in February. Taxes paid in March are without discount. All unpaid taxes become delinquent as of April 1. Virtually all unpaid taxes are collected via the sale of tax certificates on, or prior to, June 1; therefore, there were no material taxes receivable at fiscal year end. -22- 161 16 1 Cedar Hammock Community Development District NOTES TO FINANCIAL STATEMENTS September 30, 2015 NOTE E -CHANGES IN FIXED ASSETS Capital asset activity for the year ended September 30, 2015 was as follows: Balance Balance October 1, September 30, 2014 Additions Deletions 2015 Governmental Activities: Capital assets,not being depreciated: Land and improvements $10,991,512 $ - $ - $ 10,991,512 Total Capital Assets,Not Depreciated 10,991,512 - - 10,991,512 Capital assets,being depreciated: Building and improvements 230,362 - - 230,362 Infrastructure 5,580,627 118,767 59,383 5,640,011 Equipment 29,841 5,631 - 35,472 Total Capital Assets,Being Depreciated 5,840,830 124,398 59,383 5,905,845 Less accumulated depreciation for: Building and improvements (153,012) (11,518) - (164,530) Infrastructure (2,958,209) (225,885) (29,473) (3,154,621) Equipment (15,024) (6,907) - (21,931) Total Accumulated Depreciation (3,126,245) (244,310) (29,473) (3,341,082) Total Capital Assets Depreciated,Net 2,714,585 (119,912) 29,910 2,564,763 Governmental Activities Capital Assets $13,706,097 $ (119,912) $ 29,910 $ 13,556,275 Depreciation, ($244,310), and loss on disposal of assets, ($29,910), were charged to physical environment. NOTE F-RISK MANAGEMENT The government is exposed to various risks of loss related to torts; theft of, damage to and destruction of assets; errors and omissions; and natural disasters for which the government carries commercial insurance. -23- 161 lB 1 e€8 Berger, Toombs, Elam, << Gaines & Frank Cen,I,ed Public Accountants P1. 600 Citrus Avenue Suite 200 Fort Pierce,Florida 34950 772/461-6120//461.1155 FAX: 772/468-9278 INDEPENDENT AUDITOR'S REPORT ON INTERNAL CONTROL OVER FINANCIAL REPORTING AND ON COMPLIANCE AND OTHER MATTERS BASED ON AN AUDIT OF FINANCIAL STATEMENTS PERFORMED IN ACCORDANCE WITH GOVERNMENT AUDITING STANDARDS To the Board of Supervisors Cedar Hammock Community Development District Collier County, Florida We have audited, in accordance with the auditing standards generally accepted in the United States of America and the standards applicable to financial audits contained in Government Auditing Standards issued by the Comptroller General of the United States, the financial statements of Cedar Hammock Community Development District, as of and for the year ended September 30, 2015, and the related notes to the financial statements, and have issued our report thereon dated January 26, 2016. Internal Control Over Financial Reporting In planning and performing our audit, we considered Cedar Hammock Community Development District's internal control over financial reporting to determine the audit procedures that are appropriate in the circumstances for the purpose of expressing our opinions on the financial statements, but not for the purpose of expressing an opinion on the effectiveness of Cedar Hammock Community Development District's internal control. Accordingly, we do not express an opinion on the effectiveness of Cedar Hammock Community Development District's internal control over financial reporting. A deficiency in internal control exists when the design or operation of a control does not allow management or employees, in the normal course of performing their assigned functions, to prevent, or detect and correct misstatements on a timely basis. A material weakness is a deficiency, or combination of deficiencies, in internal control, such that there is a reasonable possibility that a material misstatement of the entity's financial statements will not be prevented, or detected and corrected on a timely basis. A significant deficiency is a deficiency, or a combination of deficiencies, in internal control that is less severe than a material weakness, yet important enough to merit attention by those charged with governance. Our consideration of internal control over financial reporting was for the limited purpose described in the first paragraph of this section and was not designed to identify all deficiencies in internal control that might be material weaknesses or significant deficiencies. Given these limitations, during our audit we did not identify any deficiencies in Internal control that we consider to be material weaknesses. However, material weaknesses may exist that have not been identified. Fort Pieryi Stuart Member AICPA Member AICPA Division For CPA Firms Member FCPA Private Companies Practice Section 161 161 4? Berger,Toombs,Elam, C Gaines&Frank To the Board of Supervisors Cedar Hammock Community Development District Collier County, Florida Compliance and Other Matters As part of obtaining reasonable assurance about whether Cedar Hammock Community Development District's financial statements are free of material misstatement, we performed tests of its compliance with certain provisions of laws, regulations, contracts, and grant agreements, noncompliance with which could have a direct and material effect on the determination of financial statement amounts. However, providing an opinion on compliance with those provisions was not an objective of our audit, and accordingly, we do not express such an opinion. The results of our tests disclosed no instances of noncompliance or other matters that are required to be reported under Government Auditing Standards. Purpose of this Report The purpose of this report is solely to describe the scope of our testing of internal control and compliance and the results of that testing, and not to provide an opinion on the effectiveness of the entity's internal control or on compliance. This report is an integral part of an audit performed in accordance with Government Auditing Standards in considering the entity's internal control and compliance. Accordingly, this communication is not suitable for any other purpose. otlov fia/ite 0,14(14) v4,44R- Berger, oombs, Elam,Gaines&Frank Certified Public Accountants Fort Pierce, Florida January 26, 2016 -25- 161 1B1 lGanes & F a bk, Elam, Certified Public Accountants PL 600 Citrus Avenue Suite 200 Fort Pierce,Florida 34950 772/461-6120//461-1155 FAX: 772/468-9278 MANAGEMENT LETTER To the Board of Supervisors Cedar Hammock Community Development District Collier County, Florida Report on the Financial Statements We have audited the financial statements of the Cedar Hammock Community Development District as of and for the year ended September 30, 2015, and have issued our report thereon dated January 26, 2016. Auditor's Responsibility We conducted our audit in accordance with auditing standards generally accepted in the United States; the standards applicable to financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States and Chapter 10.550, Rules of the Florida Auditor General. Other Reports and Schedule We have issued our Independent Auditor's Report on Internal Control over Financial Reporting and on Compliance and Other Matters Based on an Audit of Financial Statements Performed in Accordance with Government Auditing Standards and our Independent Auditor's Report on an examination conducted in accordance with AICPA Professionals Standards, Section 601 regarding compliance requirements in accordance with Chapter 10.550, Rules of the Auditor General. Disclosures in that report, which is dated January xx, 2016, should be considered in conjunction with this Management Letter. Prior Audit Findings Section 10.554(1)(1)1., Rules of the Auditor General, requires that we address in the Management Letter, if not already addressed in the auditor's report on compliance and internal controls, whether or not recommendations made in the preceding annual financial report have been followed. There were no recommendations made in the preceding audit report. Financial Condition Section 10.554(1)(i)5.a. and 10.556(7), Rules of the Auditor General, requires that we apply appropriate procedures and report the results of our determination as to whether or not Cedar Hammock.Community Development District has met one or more of the conditions described in Section 218.503(1), Florida Statutes, and identification of the specific conditions met. In connection with our audit, we determined that the Cedar Hammock Community Development District did not meet any of the conditions described in Section 218.503(1), Florida Statutes. Fort Pitt/Stuart Member AICPA Member AICPA Division For CPA Firms Member FICPA Private Companies Practice Section 161 1 B 1 , eitt Berger,Toombs, Elam, Gaines& Frank To the Board of Supervisors Cedar Hammock Community Development District Pursuant to Sections 10.554(1)(i)5.c. and 10.556(8), Rules of the Auditor General, we applied financial conditions assessment procedures. It is management's responsibility to monitor the Cedar Hammock Community Development District's financial condition; our financial condition assessment was based in part on the representations made by management and the review of the financial information provided by the same. Annual Financial Report Section 10.554(1)(i)5.b. and 10.556(7), Rules of the Auditor General, requires that we apply appropriate procedures and report the results of our determination as to whether the annual financial report for the Cedar Hammock Community Development District for the fiscal year ended September 30, 2015, filed with the Florida Department of Financial Services pursuant to Section 218.32(1)(a), Florida Statutes, is in agreement with the annual financial audit report for the fiscal year ended September 30, 2015. In connection with our audit, we determined that these two reports were in agreement. Other Matters Section 10.554(1)(i)2., Rules of the Auditor General, requires that we address in the Management Letter any recommendations to improve financial management. In connection with our audit,we did not have any such recommendations. Section 10.554(1)(i)3., Rules of the Auditor General, requires that we address noncompliance with provisions of contracts or grant agreements, or abuse, that have occurred, or are likely to have occurred, that have an effect on the financial statements that is less than material but which warrants the attention of those charged with governance. In connection with our audit, we did not have any such findings. Purpose of this Letter Our Management Letter is intended solely for the information and use of the Legislative Auditing Committee, members of the Florida Senate and the Florida House of Representatives, the Florida Auditor General, Federal and other granting agencies, the Board of Supervisors, and applicable management, and is not intended to be and should not be used by anyone other than these specified parties. , / ', d� �`Q�xc� /ZQk Berger,Toombs, Elam,Gaines& Frank Certified Public Accountants PL Fort Pierce, Florida January 26, 2016 -27- 161 1B1 Berger, Toombs, Elam, -eta Gaines & Frank Certified Public Kcuun,anu Pt. 600 Citrus Avenue Suite 200 Fort Pierce,Florida 34950 772/461-6120//461-1155 FAX:772/468.9278 INDEPENDENT ACCOUNTANT'S REPORT/COMPLIANCE WITH SECTION 218.415, FLORIDA STATUTES To the Board of Supervisors Cedar Hammock Community Development District Collier County, Florida We have examined Cedar Hammock Community Development District's compliance with Section 218.415, Florida Statutes during the year ended September 30, 2015, Management is responsible for Cedar Hammock Community Development District's compliance with those requirements. Our responsibility is to express an opinion on Cedar Hammock Community Development District's compliance based on our examination. Our examination was conducted in accordance with attestation standards established by the American Institute of Certified Public Accountants and, accordingly, included examining, on a test basis, evidence about Cedar Hammock Community Development District's compliance with those requirements and performing such other procedures as we considered necessary in the circumstances. We believe that our examination provides a reasonable basis for our opinion. Our examination does not provide a legal determination on Cedar Hammock Community Development District's compliance with the specified requirements. In our opinion, Cedar Hammock Community Development District complied, in all material respects,with the aforementioned requirements during the year ended September 30, 2015. ' / � Ja0d04). l`G�rX,GQ� /�Q w /Xi Berger,Toombs, Elam,Gaines& Frank Certified Public Accountants PL Fort Pierce, Florida January 26,2016 Fort pine/Stuart Member AICPA Member AICPA Division For CPA Firms Member FICPA Private Companies Practice Section 161 1B1 , Collier • Environmental Services Lake&Wetland Management Specialists 2600 Golden Gate Parkway Naples,FL 34105 239-262-2600 Office 239-261-1797 Fax CC#35398 City of Naples#19517 LC#1002075 2/4/16 Proposal for annual maintenance of vegetated floating mat for the Cedar Hammock Golf and Country Club Scope of Work Perform maintenance activities to 1 vegetated floating mat in Cedar Hammock replace blooming plants three times per year $ 1,395.00 $ 1,395.00 Conditions Replace mature vegetation on floating vegetated mat as needed throughout the year.Blooming plants to be replaced at least three times per year.Monitor and control any weed growth that may occur on the floating mat. Anchor and tether the floating mat so it remains centered in the middle of the lake.Let management know when a site visit was made and what maintenance actions were taken. Proposal is valid for 30 days. If you agree to the sent',es..nd rates listed in this proposal for work,please sign and send back to the address f. ed .bove. w!I� Collier Enviro rental Services a:. : Date Peninsula Im•rovement Corporation Justin Faircloth Date Severn Trent Services 1 1 61 lB 1 1 1 g _ d11F MINUTES OF MEETING By e ► X12 CEDAR HAMMOCK COMMUNITY DEVELOPMENT DISTRICT The regular meeting of the Board of Supervisors of the Cedar Hammock Community Development District was held on Monday, February 8, 2016 at 3:00 PM at Cedar Hammock Clubhouse, 8660 Cedar Hammock Boulevard,Naples,Florida. Present and constituting a quorum were: Thomas Cook Chairman Gary McClellan Vice Chairman Larry Minamyer Assistant Secretary Norman Day Assistant Secretary Also present were: Cal Teague District Manager Gary Susdorf Cardno Todd Lcgan Cedar Hammock Golf Club Residents The following is a summary of the discussions and actions taken at the February 8, 2016 Cedar Hammock Board of Supervisors meeting. FIRST ORDER OF BUSINESS Roll Call Mr. Cook called the meeting to order and Mr.Teague called the roll. SECOND ORDER OF BUSINESS Organizational Matters A. Consideration of Filling Board Vacancy • Mr. Cook noted three people have expressed interest in filling the vacancy. • Mr. Jack Van Der Ploeg outlined his background and experience. • Ms. Jeanne Marinelli outlined her background. • A ballot was distributed to the Board; Mr. Teague announced Mr. Greeley received three votes. IOn MOTION by Mr. McClellan seconded by Mr. Day, with all in favor, Quentin Greeley was appointed to the vacancy. • Mr. Teague noted Mr. Greeley will be sworn in at the next meeting. 161 1B1 February 8, 2016 Cedar Hammock CDD • Mr. Minamyer noted the General Elections are coming up and two Board seats will be on the ballot and encouraged them to participate in the GE. *Resolution 2016-2 • Mr.Teague outlined Resolution 2016-2. On MOTION by Mr. Minamyer seconded by Mr. Day, with all in favor, Resolution 2016-2 a resolution designating officers of Cedar Hammock Community Development District retaining the current Board structure to include Mr. Greeley as Assistant Secretary was adopted. THIRD ORDER OF BUSINESS Approval of the Minutes January 11, 2016 Regular Meeting • Mr. Cook addressed the length of time the CDD will have to do water monitoring. o Mr. Susdorf noted Water Use Permit monitoring is an on-going monitoring requirement. The wetland monitoring is at the end of the five years and they are waiting to get signoff from SFWMD. On MOTION by Mr. Day seconded by Mr. McClellan with all in favor, the minutes of the January 11, 2016 meeting were approved. • Mr. Cook addressed the aeration for the ponds. • Mr. Todd Legan needs to know where the power locations are going to be installed for cost purposes. He has preliminary numbers with a guesstimate of where the power will be. o Mr.Teague believes they are coming off existing transformers. • Mr. Legan reviewed the setup for the aerators noting the diffuser and tubing will be underwater and all that will be seen is the box. o 120 volt o Boxes are approximately 18"x18". o Lakes 8, 12 and 13. [Adjacent to the 6th,8th and 9th greens] o Discussion followed on installing electrical between 10 and 13 and between 9 and 12. 2 161 iBi February 8, 2016 Cedar Hammock CDD o Projected costs for aerators are Lake 8 - $4,590 with four diffusers, Lake 12 - $2,550 with two diffusers, and Lake 13 -$3,015 with three diffusers. Total cost is $10,905. o This cost is in addition to the $11,200 electrical costs. Mr. Teague noted the Board approved$15,000 for the aerators. o Discussion continued on electrical for the ponds. Mr. Day to run electrical for the aerators at a not to exceed of $14,000 and Mr. Minamyer seconded the motion. • Including electrical for additional ponds was discussed. Mr. Day amended the prior motion to a not to exceed amount of $16,000 and Mr. Minamyer seconded the amendment. • Discussion continued on the additional electrical lines and the gauge of the wiring. • Mr. Teague noted they will Mr. Faireloth, Mr. Legan and the electrician meet on site to layout the plan. On VOICE with all in favor,the prior motion was approved. • The risk of hooking the aeration tubes while fishing was addressed with Mr.Legan noting he does not think there is any. SIXTH ORDER OF BUSINESS New Business A. Cardno Estimates for Well 6 Installation and Pumps for Wells 4 and 6 • Mr. Susdorf addressed the discussion from the last meeting regarding a differential in the size of pump motors. He has altered the proposal to include the differentials. o They have spec'ed the 10 hp motor however if the productive capacity is such that they have to go either a smaller or larger capacity pump he has provided cost differentials. o Discussion of the pumps followed. 3 161 1B February 8,2016 Cedar Hammock CDD • Mr. Susdorf noted there was also a request at the last meeting to break out the production well and pump. These costs were broken out in the original proposal. • Total costs of the project for one well and two pumps is $61,900. The electrical brings the project cost to$72,000. • Mr. Cook noted this has been going on for a long time for a lot of reasons and he will feel better that they are doing the best by Cedar Hammock if they do proceed on this and comply with SFWMD to get the permit in place. • Mr. Day inquired if there is a timeframe with FPL. o Mr.Teague noted they submitted through the electrician three weeks ago. o The work on the well can move forward. • Mr. Minamyer addressed his concern that they size the pumps correctly. • Discussion followed on letting the community know about the well project; especially those within site of the project. o Make sure silt fences are used. • Recharging on a one-to-one basis was discussed. On MOTION by Mr. Minamyer seconded by Mr. McClellan, with all in favor, the Cardno proposal and the electrical were approved at a cost not to exceed$75,000. • Mr. Susdorf will provide seven day notice prior to the work starting. FOURTH ORDER OF BUSINESS Audience Comments There being none,the next item followed. • Mr. Cook thanked Mr. Van Der Ploeg and Ms. Martinelli for submitting their interest in the vacancy and reminded them of the upcoming general election. FIFTH ORDER OF BUSINESS Old Business A. Update on Bulkhead Repairs • Mr. Teague reported they are still looking at March before Travis can begin the work; weather permitting. • Mr.Teague provided a project summary noting they are still within budget. 4 161 1Bi February 8,2016 Cedar Hammock CDD • Discussion followed on the whaler repairs. SIXTH ORDER OF BUSINESS New Business(continued) A. Cardno Estimates for Well 6 Installation and Pumps for Wells 4 and 6 • Previously addressed. B. CIP Planning • Mr. Teague reviewed Capital Planning. • Discussion ensued on the Capital Planning. • Include in the financials monthly and post to website. C. Lake Analysis Report from C.E.S. • Discussion followed on the reporting. • Beginning this week and will be reviewed at the next meeting. SEVENTH ORDER OF BUSINESS Manager's Report A. Presentation of Proposed Budget for FY 2017 • Mr.Teague outlined the budget process and reviewed the FY 2017 proposed budget. o Increase Field Services by$725 to include a second inspection. o Reduce Misc. Contingency by$725. i. Consideration of Resolution 2016-3 Approving the Budget and Setting the Public Hearing • The public hearing is set for April 11, 2016 at 3:00 p.m. • Mr. Teague noted they can move this date back but cannot move it forward. On MOTION by Mr. McClellan seconded by Mr. Day, with all in favor, Resolution 2016-3 a resolution of the Board of Supervisors of the Cedar Hammock Community Development District approving the budget for fiscal year 2017 and setting a public hearing thereon pursuant to Florida Law was adopted. B. Financial Report for December,2015 • The Board accepted the December 2015 financials. C. Acceptance of the Audit for FY 2015 5 161 1BI February 8,2016 Cedar Hammock CDD • Mr.Teague reported it is a clean audit with no findings. On MOTION by Mr. McClellan seconded by Mr. Minamyer, with all in favor, to accept the FY 2015 audit and authorize the Chairman to execute the Annual Report was approved. • Mr. Teague addressed the floating mat noting Collier Environmental Services has provided a proposal to perform maintenance activities to the mat and replace blooming plants three times per year for$1,395. • Discussion continued on the mat with the consensus of the Board being to drop the CES maintenance. • Mr. Teague addressed the canal running along the Wal-Mart property. o Mr. Day noted he spoke with Mr. Mohlberg about it and the only reason they have not done it is because of the wet conditions,but they plan to do it. o Mr.Teague inquired if they would also be taking care of the Melaleuca. o Mr.Day responded we did not go into specifics. • Mr. Teague reported for the bulkhead project the boards were previously marked by the Engineer but since it has been awhile the paint is gone. They need to be remarked. Mr. Day will speak with Mr. Mohlberg to see if they can mark them. It was suggested they use a nail rather than paint. EIGHTH ORDER OF BUSINESS Attorney's Report There being none, the next item followed. NINTH ORDER OF BUSINESS Engineer's Report There being none,the next item followed. TENTH ORDER OF BUSINESS Communication to Master Board There being none, the next item followed. ELEVENTH ORDER OF BUSINESS Supervisor Requests • Mr. Day addressed the roadways noting sealing the cracks could stretch the roads out a few more years. 6 lB1 161 February 8, 2016 Cedar Hammock CDD o Have Mr. Marshall inspect the areas -Building 8580, Island Road, Sawgrass, and Cordgrass at Wax Myrtle. o Discussion followed on Grip Flex. • Mr. Day addressed root barrier for the Island on the left hand edge of the road. TWELFTH ORDER OF BUSINESS Adjournment There being no further business, On MOTION by Mr. Minamyer seconded by Mr. Day, with all in favor,the meeting was adjourned Cal Teagu- / Tom Cook Secretary Chairman 7 111 1B 2 ? C1u7Lfl Heritage Greens Community Development Dist iict 1 �1' BY I� Board of Supervisors ; f George Coombs, Chairman Calvin Teague,District Manager— Jim ang. . Jim Marshall,Vice Chairman Greg Urbancic, District Counsel Marsha Coghlan,Assistant Secretary James Carr,PE,District Engineer Henry Michaelson,Assistant Secretary John Jordan,Assistant Secretary Meeting Agenda February 22, 2016—6:00 p.m. 1. Roll Call 2. Approval of the Minutes A. January 18, 2016 Regular Board Meeting 3. Audience Comments 4. Old Business 5. New Business 6. Manager's Report A. Financial Statements B. Follow-Up Items 7. Attorney's Report 8. Engineer's Report 9. Supervisors' Requests and/or Comments 10. Audience Comments 11. Adjournment NEXT MEETING IS SCHEDULED FOR MARCH 21,2016 District Office: Meeting Location: 210 N. University Drive,Suite 702 Heritage Greens Community Center Coral Springs,Florida 2215 Heritage Greens Drive 954-753-5841 Naples,Florida www.heritagegreensedd.org 161 1B2 > Ad Proof Naptezu11aiLNapitsilattli NeWS Sales Rep:Ivonne Gori(N9103) Phone:(239)262-3161 Email:ivonne.gori@napiesnews.com >Account information Insertion Information Date:09/25/15 This is a proof of your ad scheduled to run on the dates indicated below. Please confirm placement prior to deadline by contacting your account Account Number:531310(N027769) Company Name:I IERITAGE GREENS COMMUNITY rep at(239)261-3161. Ad Id:713957 P.O.No.: Total Cost:$453.36 Contact Name: Email:Jane.Ben-Hayon@stservices.com Tag Line:Notice of Meetings Heritage Greens C Address: 210 N UNIVERSITY DR #702, CORAL SPRINGS, FL, Start Date:10/01/15 Stop Date:10/01/15 33071 Number of Times:I Class:16180-Notice Phone:(954)753-0380 Fax:(954)755-6701 Publications:ND-Naples Daily News,ND-Intemet-naplesnews.com I agree this ad is accurate and as ordered. Notice of Meetings Heritage Greens Community Development District The Board of Supervisors of the Heritage Greens Community Development District will hold their meetings for Fiscal Year 2016 at 6:00 p.m.at the Heritage Greens Community Center,2215 Heritage Greens Drive,Naples,Florida on the third Monday of each month as indicated below: October 19,2015 November 16.2015 January 18,2016 February 22,2016 March 21,2016 April 18,2016 May 16,2016 June 20.2016 July 18,2016 August 15,2016 September 19,2016 There may be occasions when one or more Supervisors will participate by telephone. Meetings may be continued to a date,time, and place to be specified on the record at the meeting. Any person requiring special accommodations at this meeting because of a disability or physical impairment should contact the District Office at(954)753-5841 at least two calendar days prior to the meeting.If you are hearing or speech impaired,please contact the Florida Relay Service at(800)955- 8770 for aid in contacting the District Office. Each person who decides to appeal any action taken at these meetings is advised that person will need a record of the proceedings and that accordingly, the person may need to ensure that a verbatim record of the proceedings is made, including the testimony and evidence upon which such appeal is to be based. Calvin Teague District Manager October 1,2015 No.713957 Thank you for your business. Our commitment to a quality product includes the advertising in our publications. As such,Journal Media Group reserves the right to categorize,edit and refuse certain classified ads.Your satisfaction is important. If you notice errors in your ad,please notify the classified depart- ment immediately so that we can make corrections before the second print date.The number to call Is 239-263-4700. Allowance may not be made for errors reported past the second print date.The Naples Daily News may not issue refunds for classified advertising purchased in a package rate;ads purchased on the open rate may be pro-rated for the remaining full days for which the ad did not run. 16 I 1b2 Agenda Page 9 HERITAGE GREENS Community Development District Financial Report January 31, 2016 Prepared by SEVERN TRENT SL?RVICES 161 lB2 Agenda Page 10 HERITAGE GREENS Community Development District FINANCIAL STATEMENTS Balance Sheet Page 1 Statement of Revenues,Expenditures and Changes in Fund Balances General Fund Page 2-3 SUPPORTING SCHEDULES Non-Ad Valorem Special Assessments Page 4 Cash and Investment Report Page 5 Bank Reconciliation Page 6 Check Register Page 7 161 1B2 Agenda Page 11 HERITAGE GREENS Community Development District Financial Statements (Unaudited) January 31, 2016 161 1B2 HERITAGE GREENS Agenda Page 12 Community Development District General Fund Balance Sheet January 31,2016 ACCOUNT DESCRIPTION TOTAL ASSETS Cash-Checking Account $ 221,383 Investments: Money Market Account 127,060 SBA Account 633 Prepaid Items 146 TOTAL ASSETS $ 349,222I LIABILITIES Accounts Payable $ 8,501 Accrued Expenses 842 TOTAL LIABILITIES 9,343 FUND BALANCES Nonspendable: Prepaid Items 146 Assigned to: Operating Reserves 58,697 Reserves-Drainage 6,000 Reserves-Fountains 5,500 Reserves-Irrigation System 7,500 Reserves-Roads and Sidewalks 35,251 Reserves-Signage 1,000 Reserves-Wall Painting 6,000 Reserves-Wall Replacement 12.786 Unassigned: 208,999 ITOTAL FUND BALANCES $ 339,879 I (TOTAL LIABILITIES&FUND BALANCES $ 349,222 Report Date:2/9/2016 161 162 HERITAGE GREENS Agenda Page 13 Community Development District General Fund Statement of Revenues,Expenditures and Changes in Fund Balances For the Period Ending January 31,2016 ANNUAL YTD ACTUAL ADOPTED YEAR TO DATE YEAR TO DATE VARIANCE($) AS A%OF ACCOUNT DESCRIPTION BUDGET BUDGET ACTUAL FAV(UNFAV) ADOPTED BUD REVENUES Interest-Investments $ 500 $ 167 $ 242 $ 75 48.40% Interest-Tax Collector - - 7 7 0.00% Special Assmnts-Tax Collector 242,903 242,903 225,159 (17,744) 92.70% Special Assmnts-Discounts (9,716) (9,716) (8,829) 887 90.87% Other Miscellaneous Revenues - - 1,040 1,040 0.00% Gate Bar Code/Remotes 1,100 368 550 182 50.00% (TOTAL REVENUES 234,787 233,722 218,169 (15,553) 92.92%1 EXPENDITURES Administration P/R-Board of Supervisors 7,200 2,400 1,800 600 25.00% FICA Taxes 551 184 138 46 25.05% ProfServ-Engineering 1,000 332 225 107 22.50% ProfServ-Legal Services 4,000 1,332 130 1,202 3.25% ProfServ-Mgmt Consulting Sery 39,223 13,076 13,074 2 33.33% ProfServ-Property Appraiser 3,644 3,644 3,644 - 100.00% ProfServ-Special Assessment 5,463 5,463 5,463 - 100.00% ProfServ-Web Site Development 650 167 279 (112) 42.92% Auditing Services 3,200 - - - 0.00% Postage and Freight 1,500 500 155 345 10.33% Insurance-General Liability 8,691 8,691 7,865 826 90.50% Printing and Binding 1,000 332 289 43 28.90% Legal Advertising 1,500 500 453 47 30.20% Misc-Bank Charges 800 268 243 25 30.38% Misc-Assessmnt Collection Cost 4,855 4,855 4,327 528 89.12% Office Supplies 175 60 - 60 0.00% Annual District Filing Fee 175 175 175 - 100.00% Total Administration 83,627 41,979 38,260 3,719 45.75% Public Safety Contracts-Security Services 47,000 15,668 15,726 (58) 33.46% Contracts-Cleaning Services 1,920 640 575 65 29.95% Contracts-HVAC 350 116 - 116 0.00% Communication-Telephone 1,750 584 588 (4) 33.60% Electricity-Entrance 2,200 733 696 37 31.64% Utility-Water&Sewer 700 232 241 (9) 34.43% Lease-Carts 1,500 750 - 750 0.00% R&M-Gate 3,000 1,000 - 1,000 0.00% Report Date:2/9/2016 2 161 lBz HERITAGE GREENS • Agenda Page 14 Community Development District General Fund Statement of Revenues,Expenditures and Changes in Fund Balances For the Period Ending January 31,2016 ANNUAL YTD ACTUAL ADOPTED YEAR TO DATE YEAR TO DATE VARIANCE(S) AS A%OF ACCOUNT DESCRIPTION BUDGET BUDGET ACTUAL FAV(UNFAV) ADOPTED BUD R&M-Gatehouse 2,130 1,062 1,503 (441) 70.56% Op Supplies-Transmitters 1,200 400 426 (26) 35.50% Op Supplies-Gatehouse 900 300 53 247 5.89% Cap Outlay-Equipment 3,800 1,268 - 1,268 0.00% Total Public Safety 66,450 22,753 19,808 2,945 29.81% Landscape Services Contracts-Landscape 18,000 6,000 5,522 478 30.68% Contracts-Preserve Management 2,000 1,000 880 120 44.00% Electricity-Irrigation 2,200 732 645 87 29.32% R&M-Renewal and Replacement 1,000 332 225 107 22.50% R&M-Canals 2,600 - - - 0.00% R&M-Fountain 2,700 900 454 446 16.81% R&M-Grounds 3,000 1,000 125 875 4.17% R&M-Irrigation 1,500 500 200 300 13.33% R&M-Preserves 100 8 - 8 0.00% Misc Special Projects 7,000 4,600 4,600 - 65.71% Total Landscape Services 40,100 15,072 12.651 2,421 31.55% Road and Street Facilities Electricity-Streetlighting 11,000 3,667 3,446 221 31.33% R&M-Drainage 1,500 500 - 500 0.00% R&M-Roads&Alleyways 2,000 668 - 668 0.00% R&M-Sidewalks 4,000 1,332 - 1,332 0.00% Traffic Signage Rehabilitation 1,260 420 650 (230) 51.59% Reserve-Roadways 24,850 - - - 0.00% Total Road and Street Facilities 44,610 6,587 4,096 2,491 9.18% (TOTAL EXPENDITURES 234,787 86,391 74,815 11,576 31.87%I Excess(deficiency)of revenues Over(under)expenditures - 147,331 143,354 (3,977) 0.00% Net change in fund balance $ - $ 147,331 $ 143,354 $ (3,977) 0.00% FUND BALANCE,BEGINNING(OCT 1,2015) 196,525 196,525 196,525 FUND BALANCE,ENDING $ 196,525 $ 343,856 $ 339,879 Report Date:2/9/2016 3 161 1B2 Agenda Page 15 HERITAGE GREENS Community Development District Supporting Schedules January 31, 2016 161 1B2 HERITAGE GREENS Agenda Page 16 Community Development District Non-Ad Valorem Special Assessments-Collier County Tax Collector Monthly Collection Distributions For the Fiscal Year ending September 30,2016 Discount/ Gross Net Amount (Penalties) Collection Amount Date Received Received Amount Costs Received Assessments Levied FY 2016 $ 242,905 Allocation% 100% 10/26/15 2,140 121 44 2,305 11/13/15 28,620 1,217 584 30,421 11/30/15 121,642 5,163 2,483 129,288 12/14/15 46,645 1,952 952 49,549 12/31/15 6,015 199 123 6,338 1/29/16 6,941 176 142 7,259 TOTAL 212,004 8,829 4,327 225,159 %Collected 93% Report Date:2/9/2016 4 161 1B2 HERITAGE GREENS Agenda Page 17 Community Development District Cash and Investment Balances January 31,2016 ACCOUNT NAME. BANK NAME MATURITY YIELD BALANCE GENERAL FUND Operating Account-Checking SunTrust n/a 0.10% $221,383 Money Market Account BankUnited n/a 0.45% $127,060 (1) State Board Account SBA n/a 0.48% $633 Total $349,076 NOTES; (1) Invested in Money Market Account at Bank United-rate increased from.35%to.449%in August 2015. Report Date:2/8/2016 5 161 1B 2 Heritage Greens CDD Agenda Page 18 Bank Reconciliation Bank Account No. 9920 SunTrust Bank-GF Statement No. 2016-1 Statement Date 1/31/2016 GR.Balance(LCY) 221,382.80 Statement Balance 221,949.02 GIL Balance 221,382.80 Outstanding Deposits 0 00 Positive Adjustments 0.00 Subtotal 221.949.02 Subtotal 221,382.80 Outstanding Checks 568.22 Negative Adjustments 0.00 Differences 0.00 Ending GIL Balance 221,382.80 Ending Balance 221,382.80 Difference 0.00 Posting Document Document Cleared Date Type No. Description Amount Amount Difference Outstanding Checks 1/4/2016 Payment 003206 NAPIER ENTERPRISES INC 200.00 0.00 200.00 1/19/2016 Payment 003216 JOHN L.JORDAN 184.70 0.00 184 70 1/27/2016 Payment 003218 OFFICE DEPOT 181.52 0.00 181.52 Total Outstanding Checks 566.22 566.22 6 161 1B2 . _ s 8882 ?-22 ',Zss ° 828882828288s03 ,7i8 ° P ° o q O ON)O n CO 00 .1 M N co 0 CO(MO CO pop O CT O N N 0 N ON)CO 0 0 00 (0 (O a 0) N E m N�W A,A CA 39 fA fA N�CO ea 6M-M CO CO w w w w w w W (A W N N 0) u W a w N. m 0) a) U a - -00 a • 9 N r 0. Q1 7 N N N N N N N .- N L-.-Q 0 0 8'8 0 0 0 0 O_ 0 0 0 0 0 0 0 0 0 0 0 g O P O 8 O s L 0 (0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 NO l0']I 0 (OV (� 0 rJ Q N.9(0 N to N N iO .9 N to N 9 t0 0 to El 01 to N 5k 2 N 'i 01 n .- N A (O .- I. t0 N(7 n n o M ti M O ri M h 1,1.A(D(h 6 M I- U M § M N O O 8 g M t(.('' 8 8 8 O-8 O{'4 8 Q N O(0(8 8 0 8 0 9 t� 0 )0 N N Yf Y1�O �0 )O 0 �0 § fL 1- 0 :7-, O O F y C O 2 c.m m 9 0 S g o N y Y Y of Z is T) _ r p m E 8 8 m Y3 m tg aZ) m q r y L Of N �/t m 01 (n �p�N U((I fD V) L C0 m s z. rn5 0� N .g .�¢ 217 zU .9.2•F2,�"J r- O .� dgv,� nm �? 2 cy �" ° � � a mp ctLLm $i o)1~ (�)a m .5 moa (& L t9 n rnC4 m2 2' m n E0a b.n w ' 2999 .L3)., y •• • IELLm & mZ'(n0oL.?tj21L (n gFt5g 1 2 mW -.2 z. •= i M V 10 * 0 0 i(7) L:11_ i J 5 E _ i tic h .•S b E t B o ee ee 2 o c 2 E of a 2 2 2 !' 0 bee E o ro m m m U X 0: a a a a r ce o a a a U U U U re U U U r W W W a. w 0 tt o f� } c) C a a a C W y Z •-' Z Z 1. ? LL LL CO 0 01 01 m C� J cn z z ' r r r 3 } UUN 2 to ti ti Z O 0 j aZ oFW W D y - - g w �_ 5, ? 0 W F M- 0 U U e ›e, o WZ � z 3aaW D � o W� �c WaN � _. a �i W 31aaa � Wo z W W W W W W W W v)U U U 2�'`) 3) a E� m J Y t N U >>> C0 n O m m m 8 0 0 7 O m £v F a LL LL LL LL LL LL LL LL LL CO Q ` CO n n N 0 V r r r r r r r I- {- r 00Q ti (^l N N N N d ry 'aka - zzm 22222222zz - i fzz U— h a °:' a 1hN (� , 4c cr. 2 �� ^ z � Q Q Q w a w w w w w w W W _I ,., ILI LU = c c d U a -,0000000 00000 . .- 00D-- - oo _ 4- .- •4 A : I- w E O O o m pp 0)aQ aQ Q d LL U 00 tp �p t0 .0 r01 a0 8 O N �0 1[S J - J O CO a00 a0 (8(�� (a8D (a8(��D((8�a80 a80 (8(y an0 (O O (') M N n(OY (OV N LL 0 0 CO N N N N N N N N N N(O M N O 0 0 T M ). } } O N (00 0) 00 (0 a0 00 00 07 0 0 0 N Q - 0 0 0 r N N 04 O V N N N O O O O O O O O O ,4:1"O N N N O 8 O (N N N a Q a a W W c.0 W W W 40 W W W W V U U U V U U U U U U 41.11 CC CC CC CC it Vg ft CC r N CO W (W011 ai 030 Ch tWi)CD Fa- H F I-- h r I- Ia-f-Ia- = Z z z Z Z Z z z Z z o w w w w w w w w w w 0 m E O z Z Z Z Z Z Z Z Z Z Z U N N N O o o o o 0 0 0 0 U 0. . U mUoc K0: K KKa K 0_0_ pZZ 0 UUU ($ z • a ? n-z z z z z z z z z z O 0 Z UUU Z Z 2 00 GOO Q = v)awwwwwww wwww50 vi- - jviviai u 0 $ = z 0 03 0 awo zziwz wWZawwwaJaa000 > 0 Q r g a cc a! K K K a a n W 3 Z n n n a a Z a _ a Z w r r r r r r r r r r r z } Z >z Z Z z Z z 0`0 `0 d 0 ,1 LL ZZZZZLZZZZG3UCCLL > =i �iLLLLLL a Q oizwccmccrcccx ,� cecter5a oggg000w d d d u) = ... r w w w w w w w w w r r r 0 E E E w z L w T� 3 Z a QQY > > > > > > > > » m Z �2 °i' O Z WWZ Z LL >. T ?. " _ E Y z K N co N y N N N N co as O U Y a a a Y Y Y o a a a - 2 O' Et0 CO(O t0 CO CO CO(O(0 CO CO CO CO O)0)CO 0(O tD 0 CO CO CO CO CO (O(0 CO (O 0 ✓ iA .t. g O S g g Y Y g (-. t, ,C '' N N t0 0 N_ O Of Of O 0 0 CV ( 0000000000000000 000000000 O O O O 0 N 08 00N0N0000O r N M M 0 I. n O V N b. Y� a � 00a y ) MaCMMMMo M M M 00 gej 888888888888888888888888 = = = 888 r 0 aaa & W CC O aZ W 888880 ..000 8888880888888888 888 LL LI 161 ib2 poE uLE i) 0, j Zr>/ec, By_ Br�� MINUTES OF MEETING HERITAGE GREENS COMMUNITY DEVELOPMENT DISTRICT The regular meeting of the Board of Supervisors of the Heritage Greens Community Development District was held on Monday, February 22, 2016 at 6:00 p.m. at the Heritage Greens Community Center,2215 Heritage Greens Drive,Naples,Florida. Present and constituting a quorum were: George Coombs Chairman Jim Marshall Vice Chairman Marsha Coghlan Assistant Secretary Henry Michaelson Assistant Secretary John Jordan Assistant Secretary Also present were: Calvin Teague District Manager The following is a summary of the minutes and actions taken at the February 22, 2016 Heritage Greens CDD Board of Supervisors meeting. FIRST ORDER OF BUSINESS Roll Call Mr. Coombs called the meeting to order and called the roll. SECOND ORDER OF BUSINESS Approval of the Minutes A. January 18,2016 Regular Board Meeting One minor correction was made to the minutes and will be incorporated. On MOTION by Ms. Coghlan seconded by Mr. Coombs with all in favor the minutes of the January 18, 2016 meeting were approved as amended. THIRD ORDER OF BUSINESS Audience Comments There not being any,the next item followed. FOURTH ORDER OF BUSINESS Old Business There not being any,the next item followed. FIFTH ORDER OF BUSINESS New Business There not being any,the next item followed. 1 161 1B2 . February 22,2016 Heritage Greens C.D.D. SIXTH ORDER OF BUSINESS Manager's Report A. Financial Statements Mr.Teague reviewed the financial statements. On MOTION by Mr. Coombs seconded by Mr.Jordan with all in favor the financial statements for the period ending January 31,2016 were accepted. B. Follow-Up Items o Mr.Teague reported on the following: o The storm water system repairs being performed by Severn Trent will take place April 25th. The work is for the two outfall structures. o The bathroom waxing and stripping is scheduled for the week of February 8th. No invoice was received yet or notification of final inspection. o Swale cleaning where grass was growing was discussed. PJM was notified about doing the work. o Mr.Coombs posted a message on the website to residents about cleaning debris in their gutters immediately following a wind storm. o The Chairman was asked to write letters to all homeowners where there is a drain in front. The letter will say it would be appreciated if the homeowner would keep it clean during a rain event and if they are unable to do that,to inform staff. o Severn Trent now handles the management of the data for the call box at the gate. Currently,everything is working well. o Kent Security does not agree with the District's claim of overpayment. Their billing department does not feel they owe the District anything. They say their billing is correct. Staff to follow up. o The Board discussed a resident who has become a pest to the new Kent Security guard. Apparently,this resident has some issues. o The school crossing was discussed. Staff has been in contact with the Sheriffs Department. o Initially, they said there is no agreement and they cannot come in and do anything. We showed them there is an agreement adopted seven or more years ago. They accepted and acknowledged it.They now say the new signage installed is not to FDOT standards. o What is needed to make the signage in compliance? 161 1 E2 February 22,2016 Heritage Greens C.D.D. o Look into having the entire area striped from sign to sign to signify school drop off area. o Can the area be designated as an official school zone and have the Sheriff's Community Service vehicle at the site? o Regarding the flag that was replaced last month,the cord is frayed and difficult to raise and lower. The only way to fix is with a bucket truck. The Board agreed and staff to follow up. SEVENTH ORDER OF BUSINESS Attorney's Report There being no report,the next item followed. EIGHTH ORDER OF BUSINESS Engineer's Report There being no report,the next item followed. NINTH ORDER OF BUSINESS Supervisors' Requests and/or Comments o Ms.Coghlan noted the bougainvillea problems during this rainy season. o Mr. Marshall noted the following: ➢ The new DVR was installed and can do backups to a USB drive. ➢ Can a clicker be given to the guard for use while on duty? The Board did not object. ➢ He will reprogram clickers to the guardhouse. ➢ Five packs of two batteries each need to be purchased for clickers. ➢ A new receiver was purchased and installed. ➢ A six foot fiberglass step ladder is needed for the guardhouse. On MOTION by Mr. Coombs seconded by Ms. Coghlan ' with all in favor purchase of a six foot fiberglass step ladder for the guardhouse was agreed. o Mr. Marshall is going to London for several days. He informed Mr. Faircloth he will be in charge of the gates while he is away. TENTH ORDER OF BUSINESS Audience Comments o An audience member noted three unauthorized people were at the pool. o An audience member commented the yellow stripes near the guardhouse need to be redone. She noted the sidewalks need to be cleaned and was informed the HOA needs to 161 1B2 February 22,2016 Heritage Greens C.D.D. clean the sidewalks. She noted there is a lot of trash and plant debris along the wall on Immokalee. ELEVENTH ORDER OF BUSINESS Adjournment There being no further business, On MO'I'ION by Mr. Jordan seconded by Ms. Coghlan with all in favor the meeting adjourned at 7:09 p.m. ► ge (0-elitiff Calvin Teag i / Ge oombs Secretary Chairman 161 1B 3 Naples Heritage Community Development District Board of Supervisors Peter J.Lombardi,Chairman Calvin Teague,District Manager Peter V.Ramundo,Vice Chairman Gregory L.Urbancic,District Counsel Kenneth R.Gaynor,Assistant Secretary William McAnly,District Engineer Gerald G.James,Assistant Secretary Richard J.Leonhard,Assistant Secretary D Meeting Agenda tot March 1,2016—9:00 a.m. By ' -- 1. Roll Call _ 2. Public Comment on Agenda Items 3. Approval of the Minutes of the January 5,2016 Meeting 4. Old Business A. Update on Lake Fountain B. Lake Quality Analysis/Aerator Discussion 5. New Business A. Distribution of the Proposed Fiscal Year 2017 Budget and Consideration of Resolution 2016-2 Approving the Budget and Setting the Public Hearing 6. Manager's Report A. Approval of Financial Statements B. Discussion of General Election i. Qualifying Information ii. Consideration of Resolution 2016-3 Confirming the District's Use of the Collier County Supervisor of Elections to Continue Conducting the District's Election of Supervisors in Conjunction with the General Election 7. Attorney's Report 8. Supervisors' Requests 9. Audience Comments 10. Adjournment The next meeting is scheduled for Tuesday,April 5,2016 at 9:00 a.m. District Office: Meeting Location: 210 N.University Drive,Suite 702 Naples Heritage Golf and Country Club Clubhouse Coral Springs,FL 33071 8150 Heritage Club Way 954-753-5841 Naples,FL 161 1B3 Irrigation Concepts, LLC Invoice 771 14th Avenue N.W. Date Invoice# Naples, Fl 34120 2/9/2016 4071 Bill To Naples Heritage CDD 8150 Heritage Club Way Naples, Florida 34112 Description Qty Rate Amount Labor(2 technicians) 0.00 M5452-SC Master series 5 HP 208-240 1 0.00 0.00 5452-F 5 HP 208-240 with lights,with GFCI electric 1 0.00 0.00 panel 820493 assembly nozzle 5 HP royal with flow 0.00 straightener 860031 ALC assembly cable 8/4 50foot with 1 0.00 0.00 disconnect Foot 860031 8/4 cable 245 0.00 0.00 870793 3 light set 35 w LED 120 VAC 1 0.00 0.00 CBA 35-w LED color board assembly 3 0.00 0.00 860024 ALC 3 assembly cable 3 pin 14/3 50 foot 1 0.00 0.00 Foot 860024 14/3 cable 245 0.00 0.00 Amount due for down payment 8,052.00 8,052.00 *Note: $8052.00 down payment required. $4026.00 due within 2 weeks of job completion Code to:Reserve-Roads and Lakes#001-568135-58100-5000 Total $8,052.00 Payments/Credits $0.00 Balance Due $8,052.00 . Phone# Fax# E-mail 239-438-8062 239-775-3900 irreonceptslle aol.com 161 16 3 SEVERN TRENT Date:2/26/16 To:Cal Teague Severn Trent—North America Your street Copy: Your suite number From:Justin Faircloth Your city,state,zip Subject: Naples Heritage CDD Meeting Your general phone number Lake Quality Analysis/Aerator Discussion Lake Quality Analysis • Aquagenix • Community Environmental Services • CPH • Mettauer Environmental • The Lake Doctors, Inc. • Vertex • Water Science Associates Aeration • Aqua vision Fountains &Aeration, Inc. • Aquagenix • BeautifulPonds • Collier Water Systems • Florida Aquatic Lake Management • Lake Masters • The Lake Doctors, Inc. • Vertex www.severntrentservices.com 161 1B3 Lfl ) 4 c m ' s 0 C i in o m Z F- W W Co co 1 Z 0 N °� d N N W 12 II II J u- a 03 0. E > > Z ° Q U 161 1B3 3 CI U U) N N 0 Ps •i E 0 o m N Z co > C td co S a. Z E 0 E 0 U 161 1B3 � N � r M (D n • • • • a co 8 c is To" c C L. � LL C c O N U rn w. c O Co m U R C H Co U) m U a c • m C v E • m co o_ C W ai W IL Q y C w O U o >• C 8 N w m W 0. w o Q O E c7 -o z Q D 0 c to °f C7 0 m E v t ZCo Cl) m W m 0 g a.) 0 0 C7 N a. W a a w N O F Q O m Z o E ▪ E 0. E Z• U 161 1 B 3 Z IL CC ip COCO a c • N- (0 . e• O M 0 0 O a0 01 O O 0) O O O o0 l0 O O CC) Co O ^ O co O C0 0 0C CO 0 0 Cl Co 0 N 0) N- O r Co ▪ r co O co O r O CO O O N CO LL) O r0 M O V ^ OO Z• 0 2 0 v Ili to N N ^ M N Co a• m LL to int O ' N 0 L • N 8 CM0p M O :1' 1 O) 2 P. 'NQ W O .- 0 N 0 O M CD O N. 0 . O N M �) Q 0 to M ' 00 P. N J F o O) .N__. A O ^ N r 07 ^ co- '- ^ O F▪ W N r h O 0 LL a Co M C 03 N N 0 0 0 0 0 0 0 O 0 N 0 Co M N Co d w O O M O O O O) O N M O 0 0 CO N CO O N CO r N ) O O v O V N 1- CC • W N• O p � M •- N W RI 0- LL Cl. CO m d ea 13 op V_ 0) 7 N r h 1 a 00 C � OO CO .- . M s- S M N • N a U. O 7 O N co ^ O N C F = N CO O Co m a c v a , `a _ ' 0 . . N- CO • r 0 M O O O Co 0) O O )0 O O O 00 O 0 0 V 0 W }LL LO co O CO O O O CO CO O O N r0 O N O) r ti N H O co O M O N O O ^ O LO M CO )0 CO V) M � A O N L- M of N Oi .G CO N d U v IN R 0 O m e d Co Z r' r ' 0 0 M O O r )0 O O) O Y CO M N O M ^ O) u) r CO 1n 0 CO , CO 0 0) 0 0 M r 0 C0) , OO N < O CO M N- it) CO 0 (0 N M N- (0 ' CO CO L N ? co O) r v .- o) co r of W )" a a Co g (0 CO O 0) O N 0) 0 O 0 O M CO 0•d Ln N O M m N O (0 O1 M 0 O) 0 N N Co M M CO 0) CO O 07 M 0) ' r '0 CO O ^ .f ^ (0 r 0) ^ ^ r C 4 Q N 00 OOi v C . (N 0) ('i r P) of N CO ID 0 F- N Co m CO d 4 LL fa w 0 Z. 01 E U) O N O) U o V- m ' 0 U V ' d y . L 1 Q� .D a LW O X m R' OI 0 `�' ✓0! 0. J O O i7 co a d m 6 ,(- 0 w k . al d 0 a w 0_) . a) O ce . 4:, Z 9 y t c 8 = 7 N E y� C m .Q LL�j. WIWn " T. rn x E E c W W i o c d o Z v �? .0 2 (`S �r _ c S 6 w U N c a , Q cM 111 n a -o d w LL 7' 1 a 01 m W > c fu u] Q F n a w r �'i cn (n in _ @ rn to u, w m w w e °4 °3 o 0 Z °) =d t 2 co, U o 0 0 0 o a .S n m W c c c co en S ~O a y a LL a a a a a < a 5 a` _ M 2 O ¢ W N H O} Ili 'E d.▪ E Q0 Q Z 161 1 6 3 m \ < CIS k o _t i \ \ § , } sr \j ri st�CO . < U. _ S m . , , , , . ' R i , . Cr § 1.W � � $ Q J 7 � - ■ © o 2 i ` \ a U CO W C ILW » - n \ m rz m _ TS C • a . . ( § a E U. § 2 ) N - - ■ k � 4 m _ & / , , . , ; N k k § g ' y , , , , _ _ f / } ¢CI 0 Co k § � ~ oo - $ 0 § Lri f ) / , . / 7 er % j2 ° 04 - w R et w ƒ � � - 0 R 0 N _ . / , . / ) f 2 & # a „ a � _ _ _ &t■ CD cc / § _ § R ° \ 0 t. 2 a ® & @ e a 0 q t m L ■ \ o E ) ( ® ® ; cc ] w $ c3 7 a E � re / ) G { n a z z III / ii p. \ \ § C as ■ k W 8. \ ) / § ) Lu Lu o e q § f ( 'C ® & c f w U u 4 0 S S f ( § # # 2 $ k )_ k § ( _ \ 0 } a 3 \ A d k ) 2 ) < m CC 0 k 11 § ) ] { } 7 0 2 ) 0 0 7 z 0 .0 I IA1 o _ ) LL - 2 W � /k as 1 E Z / 161 1 B 3 n IC)z 7 2 a) v LL _ o $ ) § 7 f t 0 } 0 2 a c k # / ( ; # @ 2 a 9 0 c 0 c k t c 'a / $ } \ ƒ 2 c To k _a c e «as k ) E . 0 o.k , / \ 2 # E e 2 % 0 2 0 \ k k f2 0. 0 ) kk ka -0 0 § #J / / k k 0 $] .. a) 0. k 0 9e E 2 z R + % [t C � a % % ..E" § § k a. 2 , J ; 01� k _ c /k �$ 2 E � ° & U �� $ © %/ § )- J 0- o \) S k 0. $ 't & ■ ¥ ec o § 2 2 © £� f0 7 C \ \/ CO\ � \ \) 2 ° ° o- t ) ) - �� & E u � i 7k 2 , 2m e § ) . \\ \ ( k co u) US E k s 2 7 c ) - 0 0 E o o c k & G/ to \s M - (060 \ a 0 > ° .9 „s0 ® E e 73 § 2 -0 ■ a 2 E k 2 J k \ co k W2 ) � � a2E 0�f , \J 0) § , § r a Q § a g f kƒ2 _f 0 u § ^§ #CO F. E & .c § §/� ■ Ems) kt ( § E) m CC $ } ■ # §s7 u , u) ®ƒ U) �° n = n \2 �\ W o § $ \ $ 0 § > %5 0 CO ■% CO } CI . m §? Z O m > g , , z e 2 2 s a £V c.co ` p « # <00 § @ § p p 7 5- 0 0 $ . -r , 0 2 ©-) ' a e £ ■ a ; _» c z co # to R k z o m t , w u) .ca , f e CO� � w E ' S � u�� 2 I \G arms a § ae $ O. w a ° iL ; 0.Q$ x 0 '" cE e °7 e ° e ° C /J / ■ 3 A e co a , w « a o , a &: a ( a A 2 161 1B3 .zr comen a)0c Nc' m•ca) 0 U.. a o R m _> U • >. N LL 2 C U .O Q w co Vi N m N a) m c°3 a1''- c00c UI 'Z Of Q)v m d O O 6. (nao ca) '—� o o— c a) N C Z U O E E °• 0 03 0 cC a) N.y O U p a7 C co N a) C co 3 `0'00 o aW1 c1 W N y > 0.N 3 U °1 C O to a CCD- co O..0.V a) F-• _0 03 C--p0C N F- c E a t Q a) y U g y N 0).Q H 47 as y ` V 0-N LL a) U f/) f6 N C 3 N °) •V t Qw W r C 0 3 c 2 d o €o C 0 a) 0 ac) ° c yo to o a) of aE) tarn .> ¢ 8 `o mco .2 `a) vi E12 a1 z 3 C Fa - U a) Q U c8.N O E 0 0 a) a w c a v o 0. 0 'a''Ew o E a.R ate) m ° N"5 C 16 . E r - aUs c CO CO 01 0 •; a) U o Q a 0 a) c m c o c t CO C N a) C C U a)U y C «r+ C C a) W C O iti Z a) .0• N C 0 a) > W L .r�' c0 a) C N U ��p a � 0 oai� ; C (0 c rn C O v (U O °�N a� o Y Y c o = (n my any > _ o. ODD 0))VI 0 as CO U a0 0 a m c E -o U r E< al¢ O N m N• >` co �� E 0a) E 0 yr, US �o. a ca cn co a) ai > N.� a vm co ° 010 OEO) m 'v• 0 a) a d o 0_c2 o _ n c ° O1 m (A C as 0 °7 co O 'C O 0 1� O O) E Epoy w c 0 3 0- c U U m cc Q 2 U O w 3 :,-:, O. .O E) _a ° O c O a) 3 c ca Q `.. a) E C c a. a�� C e ° 0 3 E 0 co O c°)>•c-•-• -• a E (0 c >. •0 • rn0L •2 z 2 ai a1 is .� C a) « pHu OO.. -m_3 C U_1 C c Z d L E C Q 0 c 0 c J O C C :. co co U) a7 CO O >+7 a N >.a, y O y .- 8 a i7 ap Q l6 E a7 O O L t/ C - e, d (p W -- ) 2 0) U) U)) ay. .o 0.$ 8 6; r a t ID a) C N c o - N n o. E 9..00.. w •2 J 0 o c Y v co 0 0 Z y N 0 T. a ) • t 3 a N C ' m63 eg TD W O N m rn 3 . = L '? °'c °. N o o- it m e c m N y y v o O1 c W 0 N E9e .t°c .i E ec ° ° ° Zc v C �c°NI I- f/� O 0) O c a) E c y a; m E- ° 0 c c ,c a) a Q R ° O>- W c Z C y m Lu ° n o w 0 C N ° o) a is a '- to N — o_ w d o --o 0 aa)-sco = ou) .. o li o a N co 0 0. E a •C w = C a) r- r y r° 0 Y) > > a) e 0 CA a) _0 .y ,� d c 'D G L c� (0@ G t..-..ta.. 0 7 L a O U y r C t al L • :i= Q L_ G b Q a I-c E a a. H o CO a < H.0) a. < = h a. I- J H 2 H Z CU 161 1 B 3 (0 z #; § / 7o$ 7 # c us ) 4) k)- 0 - (\ kk ( ])� o . o \kk CO tll\�ID o a)) ui \ E k a � § m ¢ a) ) 2 \t ± \ q � •\k2 � / g \\2 o E 0 C \ a v \#� # N. £ £p \ » o Es.cv 0.. c § za en of i \ t �� CD t c » 2 2§ I \§) - \ f . ; m= ` 6m2 / � 0 { k " k= % a) ] © a) ) k �2� - E 1 = f , § g■ a 2 W G - co 0 \ f k % )q 0 c a) as E 2 ° 2 #&a § « \ a)E $ \\// - a. f f f § § 0. o & }\t ) \ o g « \ §�f # ) § k #%c® K - k ) X k - ; 2 ° © f � 0) \ / v % §)/ e 0. vk o 3 2 � � \f § � k a / a) t % If W e E _ ° E © 9 { \ 5 . 2 � E d /k} � 2 k i _« 2 0 - V 2 « E t torn 2 � . Q c m o q f g & v ■ $ $ e ' 7 • § U) { /N_ B \ g ; § 2 §)a G 6- % E ! k k / @ 7 2 e )G Z 2 § em- ■ G % 8 2 E ? 1-4 E ¢ 2 E\ C tS a# c = c d x b 7 c • © $ te 0 2 z , • 2 = w & $ © ' 3 °0 W § z y 0 2 8 2 2 a § u • u) @ Ei 2 § . ] 2) 0. E § ° ■=a ■ & 0) a> / $ c 2 e . § $ ) ` X 2 2 1-/) 0 S A ■ # o e « e U. § r ■ ■ e k E Z f — 161 1 B 3 co a c z w ca a) c Q) O ' N 0) W p , O O 0 ON) CO co d_ N O N N _ oI co O m °1 r a v co) O E co or To O O n °0 0 co O co o D O O N O (n U N C 0 as 4) c Qm m 1 a) v a c x C co a) a) *' M U o ti c .c — in o m c`a @ U N a) O O O Y L O O } H O Z a) O t 'O C N Q N D C 0 0 7 y a) t } N • u. al a 0 O m 0 C E 1 ii -13 y J C'1 w w U) w ti E y yy Q f0 CO ` Y Y Y Y y R M LL U r E LL J J J J L O) N W a G N «s «s atf o m cu C m `a) > R CD m m m m 4 v E (I) e E Z m — ° U. .o 01C1 0 CC CL CC o n a • m u' 'a 0 c •V > a c C m W LL C a) 'gyp 0 �j @ ai N Cl) Cl) V to w a) w m m m co m c Q t c. CO CO) m m CO Q U aZi )i U O G: G: d M m m .. j m Z 0 Q 0 0 cl N Q F- I- Z .L 0 W _ 4 E M o 3 CC a) co W aa) c co I o c0 N H At o . W c >- J = c o. E � 1 E z 0 161 133 U 5 in 6 p L GI .-. c, a c NN. 'i. E CD o d o .0 2 NA� N CO m W C U C LL Z E 0 E Q O Q U = N 161 1B31 N- 0 U O • co Q) . a. U N- CO N 0 CU N 0 a, 0 ci .+• d c) CD N Hl N N y E O LJ. aN) ER a "> ¢ 0 IF. CD o O .e. 2 cfl o O N 0 0 N go >- 0 } Q. E t0_ O v V N LL i 7 C 13- t tri 0 W z Q E F- c co'W _ E.T) N N I Q V) O r Ja. 3 c To 'c 1 E ri: E Z U 161 1B3 RESOLUTION 2016-2 A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE NAPLES HERITAGE COMMUNITY DEVELOPMENT DISTRICT APPROVING THE BUDGET FOR FISCAL YEAR 2017 AND SETTING A PUBLIC HEARING THEREON PURSUANT TO FLORIDA LAW WHEREAS,the District Manager has heretofore prepared and submitted to the Board a proposed operating and/or debt service budget for Fiscal Year 2017;a copy of which is attached hereto,and WHEREAS,the Board of Supervisors has considered said proposed budget and desires to set the required public hearing thereon; NOW, THEREFORE BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE NAPLES HERITAGE COMMUNITY DEVELOPMENT DISTRICT; 1. The budget proposed by the District Manager for Fiscal Year 2017 is hereby approved as the basis for conducting a public hearing to adopt said budget. 2. A public hearing on said approved budget is hereby declared and set for the following date,hour and place: Date: May 3,2016 Hour: 9:00 a.m. Place: Naples Heritage Golf&Country Club Clubhouse 8150 Heritage Club Way Naples,Florida Notice of this public hearing shall be published in the manner prescribed in Florida Law. Adopted this 1st day of March,2016. 3� ti L t 7yt_ T�ay7- Peter J.Lombardi Chairman ;3_ Calvin Teague ,.- Secretary 161 1B3 U 44+ .� c I . C W n ? 161 1B3 , . N IL) N r 01 (0 • CD(0 0 N 8 C 0 07 m 4 C C CD u_ C C O en U 0) �.- o C m 0I L 0 R c m I— 0) N nN U m re G C C 3 m m C CO en J W LL co 7 Q 3 C W o ° 0 o Rte) _ I-s N N O t`0 o E Q 0 E • Z Q 3 0 m �i E rn a m n E 7E 0 o ._ Z 0 Z N A m W F (D a. pa W a 0 w o Cl) la— 0 0 W a W r, Z o W p W C J 0. E E Z U 161 1B3 r.) b m N -a N. 1. O m N I j C} i. N Ts Z E �- 0 E 0 U 161 183 a c ti... cti ,.... m C _ ' 0 CO 0 0 0 �p a) O 0 0) 0 0 0 a0 CO 0 0 0 pppp 8 c0 CO O O a AO O a 0) r O ^ 00 Q w r 8 6; 8.... 2 O 00) O , O co O ^ N t0 0 O ^ M CD a0 a pj v t0 (0 N O M 0) N Z 0 N N 0 Q 0 il- co 0 O . a O , N a M O O to O) O a O) M O N sr co co to sI 10 CO co a 0a0) co O co O O co m 0) O O a A sr I- 0 I, N J r — O M CO I,. r- O s- O ` M N 0 0 M s- N Q V Cr; N. Ir 0 N M 0 V I.. w Ri N. r` o 0 a. us O O O 0 0 O O O N o aD M N N V O a N N O O M O 0 0 O ON M 0 0 0 0 N t0 O N CO ti n co O O sr 0 sf N s- 01 C 0 m R 0 O M c M N N O LL W CO a' to 0. » C O a ' N a CO n O r ' ' a co • co .�- sr N M N i O n IW C co 7 m N .N.. h N CO 0 NN to m Q Q C; 19 CO LP 0 • ' 1,-- 0 ' O a7 0O O O O 0 O O 0 0 0 O aD a0 O t0 le- C) C W O O W O O ci co O O op O 0 ,o_ (0 t0D 0 (N0 Cr) rte) • 7 n a o o o N a~ La 0 R m tri s- Ni Ri ` of ali a e C ° N ti 0 Q CO LL 0 O t') l M I.� n • • 0 0 CO O O N a oO a 0 sr CO CO N O MQ s- ' a 0 C. 7' a 001- Qg - a a 03 0 CO O 0 CO CO N- AO O) NI ch .... VP tD C rl Q .O- CO N Is V. — of M (- or X cS Q ~ A O L N W L to } O a ' tO I� ' M r O N CO 0 ti O O a AO �tpp pp 4 O N T M h D O M) M l O ` e< J el. (Na Q1 p t0 M as r a0 O sr O P- O , P- C -a 0 0 Q O O m N s N O) n CO- O O co w co 0 Z 0 E X 0 a Z g a F: m c to .-_ >' C X co re N a d a � - 0 = W Q)) c ta�mt 4)i 0 >, L0) :- CO 0 co 0 OP _G C W !- E 3 u Y3 ° > > d 2 0 U m .0 c c c m c a u e 1� Z m U c c 2 o y c 1 y u- ° g US c E p ra Fi V C - O > m m § § pz >W ). o N F m g w O Z 'c' 9 0 -e ° m 8) 2 a) § D Q 0 0 = �S< , v� w _�i W n 1 E °) w u -1' yy4 a 801 F cc ° -. .q1 p� eL Q Q. Q W = ell C m Q S: L ri-' C m ? a --ii m 4 U W c O) _ N 4 U O Z m I.D. m E. d 2 • Ir 0 0 ° 0 0 1g o N E a", w a 0 ti m W > c c c co CO o p a v a u. a a.- a` d a < a 5 a .J S M g S 0 dr N W I- n R '=O = Q �-' "' m�N rn O_t0• W E J = v c L N a E ¢ii 161 1 B 3 Z 04 Z k § % / § k . A n § 0 , y , , , . - a / co- _ g0 � _ 2 CO - 0 § ' V k l- § ) � \ in eir a- 40). § 8 _ ' i § \ • k 10 § 8 ) / - n \ PI 0. _ C e . , • • • ( i LO E o c J k ,tri « _ % V co 0) 0 ` 0. » e _ , . . ' a a S f 8 I- © • _ • • • . _ 0 # - 2 / k § § c- e N ® 2 f < 10 112 2 01 0) 0 _ V , . 4 g a CO 0 § 2 § § Nj k R CI - U1 < U. _ \ / 2 ) K § } } $ f , . / / / �. 0) CD � kL ° _ E k 10 E w = 2 E § i % ) § _ m ] o & | 2 % o w z p \ E ] z 7 § \ 2 e - 2 \ § k ° . G § Z ; § tz » § 9 7 - 2 © CU IU la o ur ? K } / § f a co) ; ) 7 t ° § \ 0 z « E 8 § ! $ 2 # .. x = z § b g- § § $ E « / a / 9 \ \ a § ( 3 q & $ ) m m O re cc ILI f \ ) $ J { / / a ƒ 2 ) 13 § $ z z \ft Z O _ o _ « #§ ¢� � , 4 § 2LL Z Q 161 1 B 3 Cl, z ] a) a) a m _ § ) & B ) 2 \ Co $ f / $ $ i Cl) k § § ) - 2 § 8 a rill. _ § 5 k , ƒ a ` § f c co ) ) k / cn \ a) \ .ici j f E & 20 \ / @ 0k £ _ 2 >. 0 \ / c f co o ) ., o �j o k a 2 ` e ° #a 0 7 co 4---. 2 - . f g _ ; { r a. a e k § o E A S & \ k� >� ° Cl) Cl) & � �co q § / a 3 ) di{0.% � 2w I (2 z / f a = k 0 k� \ E. 4 �/ ° E » of 2 ƒ U a) \ Cl)ƒ ai£ E § § /a / ; \ U / \ 0 a) a & an � °5 ° \ \ G ) _ - . / \ \ k] ; co\ % « 2 # 2 §/ 2 Ea 0 § § { E T k2 / / ? f) � § -p MI , ( ( # 0c a -V Ofk dj gs al co � ; � G 9@a ® \ ' , � ti f 2 c # & + •' Ca § 3 a ° E o - _ ® $ \2 2 && a - ® \0 k / q \ k3 § ■)k $f kk 0 )\ u• 2 0 , c § GE o _� LY LE 2 4E Vi a@ 27 % _ & - e ® 2C a « E a ) k 2 t0ƒ q ° $ A q % 2 CL 0 © CO ® 0 -> Cl)LI- ' Cl) » e a ' [° 2 CC > co § a N. co , CO f] $ k° $ 2 k{ 7 w o e E e . » C ■ > � , §t - < c § • O # ; § » $-] 5 \o5 cam= c » C ® ° � " # q « # «}a 0 $ RI 2 ) g 27 2 ]{ 0ƒ � § w ii § � $ 2\ Z \ 03 \\ $ § A 0 § e j b 2- J 3 ' gco um� . 2 & E 2 20 © © a ems- a § � f ° ° ° ea eoe e cc E 0 § 0 $« coIk b < a:C...) a. &/ Cl- I- a & a) kE 161 163 Z CO • 0'C L. Q O /d N'C N N O c •T lL Q N U' '- rnm CU 3 " Y o tna o E 8 c2- c c c c c Z $ o EE ° .-c°. di ci E o m c lc NN E .> N co-2 CO co UO N a) C— N••- N •O CD W•U OI N O a7 d C C"O U Q N lg a) O <O O L HwC-.m �.°. D Q ~ o E ajjE OV oi._ ) N _ a U TO a . C V IL N N > Oa C z o 0 N e O1 V t . • N O V aa Q N 2 C O N O C O a C w M ° V N C 4) O E ° a) r,,> _ ¢ 3 °'Lo 0 e w ca N Y C O U O .N.. O ca.—_c Ty o f a o y °a Q N V ` C 3 0. a3 C.a) O O N a v a O` a.0-0 CL N E' -° y,as a7 w N iO a) a) oc r rE r . 'o C co m m Z X as U N 8_ 4' 7^ N N o yU C V N C CL 0 N ° N aSN Mcoc •885 G�j v . : c e O C ° a7 C i 0 C C O 'C. as ifs O N O .2) a O_ 7 V N Z �O° O N V gj N L a) - O.rE E a) C co ; C N C N U �3 cow Ea) �E o °�; c m co .o fl _m R+p as y n2 $in m ° Q m W N y N OI U a U a1 c •m • c2'� EQ a)Qai 0 o T E c ° O N E TO a) P co - N a1 -cu 8 m-t m C a rn m m co L a) Q N - 6 n V aa)' as al t 'O a7 as o) N N E Z co � C -.F., a) .c C so ui E a) .0 ac OL g. �. C 7 4 CM C6 U) E L c N CD N O w C O g O CM -0 CO O = `a O_ A •N U O CD c aa) °o '!' 70 p) O. O —a O C _ a aaa)7 C as C C Q W L.� 7 -0 .O atS C O Q E a N 3 L O N E a` 01 O T V CO 2'X 1- Ei-- aim m co y m .. =o F-w a 'c y'O-O c m o C w •y U ` C N in J O C L C a O p d c .. CS) a'c Cr)c 0 •-•H L v c a COO CO v CD O >:''''' C N y 7 m D R � iaa O 0y3� c - Z` i t`O ,W " a.) 2 rn€.2 8 a > o.H o y .c a .cu r ° V a) 3 q! C O C E Ul a O` �+ C O N ai O V C N as 0 c o v a) a.°. o N �? J o Cl .� ° Y .N CD I_ a. C °a) �j� v E y d d Q1 0 ° 01 N N O1 m Q�) > N 7 C` Q` •e p� , E a) 7 m O C 0 O/ C '5 C 7 m L pf h al W d (/� N a c V7 °-.-- N O .�. lL N O m ?� y 7 Ill a)❑ Q n N o ro T. e+a C $ o ° C v O ti C m •'� C o N H m a)N A ~ y O .6 Y c C N c a N d o ai o > C a am W C Z y y .N v o A o o N ° C 17 V C7 n. c a C - Q N R ° O} C m_ ..1 ' W •C , O-o"-'o m a a)^ = o w ;a m c 0 'a '' 4' p w 3 3 c N '�" t �:° 'O fA 3 m C m m c d a. Oi r 'm cNa O` t- 0 7 ID O IS c .c r- = 0 t :c Qu Q o Q a , - Ea aroma. Q �� as I- O. 1-- -.1 f-- ma I- ZU 161 1 B 3 LO _\ -a 0 a2a E E- 5 § kk# 0 c �t k § § .0 4 a °C O \7-0 2�/ to 0 Set CO//�CD / E f § > , 0 E y )) / f > P &- k #] f # ) - 2 a § a / &{ \ E 22 � s 0 0 &\ V 0 _» ] % © §2 — 22 ® Ra) CO ' �Q ƒ/) E § co % ui a E C ui 0 - 8.- of c 0 k �§ ) k § S - / 7 0 : 2� 2 ° U) { 0 k e §�- « 0) co » �) ± 0 as 2 ©]- _ 0. 0 ° _ ¢k ca-( 0 \ § -cil / \ ■ 2® § ƒ & ; 2 §�k � ° { E E q \/ 0 } \co / E j ) o ■ ® §\ q - $ o { c§ƒ c k 2 { r / `� �� b - a) & 2 $ )�k( 5 C \ co T.-- c � t\ E o k e / 0. j % , 0. U / a, E / 5 E ■ c « \ f ■ c 2 » 2 k J ■ f k 7 k f ° { g ] % co 1 / t § 2 2 5 2 2 ® g 2 % G k J ° 2 / of 03 CC k w 0 0 co j) .0 o n U) � i k ■ k / § B - � a CL > = E °f a = E c C o . m £ Z O § f ®I] 8 ] B a 0, ƒ - / \ r f F-3\ $ 4. 0 § 2 2#f . Q ` 2 ] � ) a 2 2 ) § & 0 f ul c z : X80 ~ 29 t t2 )_ a = w • * b - ! 0 a ) S f 2 # _ . b = § CL E x i ° 2{ ° 2 w ■ ■ 2 ) o w « B /£0 a B r ,F2 & o e « w ■ $ ■ ■ 1-- k 161 183 Z CD CD Z CU O 1 0 to O 0 1 N N 0 co iN O N N O) — a- O t O,- b W M eel eel Cu SO 411. o o aD O O co O N O z co co, O O O N O co r U) O N G N f6 2 To N m a a) c a) Q •0 n c X 4-. a) co a) )i o n c m t ` w m W C O R y N O N o N. N = D. } >- } Oa 0 co o to o p O >- c m O N > N of Z O O 0 t o O a) 8 ° D m a U U m U >- N ;a ,t 3 O c W c o (I)) To <• < ti J a d m ai ai ti E1 E N 8 Q m N Y Y Y Y m 10 C�) U. U I` E It J J CO J d CO) N to N W ze U ' a6 a6 06 a6 w ze In ICO m a, d > > p" -pN -pN m 0 > C E Q co C a < N 0 0 O O r- 0 Z m LL co U. 4' Q' 2' Q' O 'p Q .044 fyto c c N 5 Z 3 c N N N N p C• W ii rn u. O b .rs 2 z z z w y c J Ol a f/) 9 d N N y N 0 N N CO c t Z L) a O a' a! c a! C c `) to N N y di z Cl) o 0 Q 0 o o O a 0 a ►- zl W C 0 a) 1a` 0 0 o Ig a) m W cp c n Z a N tg N W •E o 0a. E c 5 Q o " •R Z o 161 1 B 3 46.0 S. d a V O -0 W > = > IA a)0) ° m c v u Z E o E Q a. o 3 161 1B3 N- t . *, o N O a) L act I.- H e- a) a ra N a Cea. a ,... d N- o c >,_ o N H• a N >- W N E > 0 Q o 0 • p CD 0 O N 0 N v (7 R >- CO > LL a E Tu. Eft O 0 ✓ H ii.. - Y m e o D U IS b W U' aa) a o 0 2 > CD IU 2 N W c o} J E 5 Q o Z 0 161 1B 3 NAPLES HERITAGE Community Development District Financial Report January 31,2016 Prepared by SEVERN TRENT SERVICES 161 1B 3 NAPLES HERITAGE Community Development District Table of Contents FINANCIAL STATEMENTS Balance Sheet Page 1 Statement of Revenues,Expenditures and Changes in Fund Balances • General Fund Page 2 SUPPORTING SCHEDULES Non-Ad Valorem Special Assessments ... Page 3 Cash and Investment Balances Page 4 Check Register Page 5 161 1B3 NAPLES HERITAGE Community Development District Financial Statements (Unaudited) January 31,2016 161 1 B 3 NAPLES HERITAGE Community Development District General Fund Balance Sheet January 31,2016 ACCOUNT DESCRIPTION TOTAL ASSETS Cash-Checking Account $ 62,566 Investments: Money Market Account 26,567 ITOTAL ASSETS $ 89,133 I LIABILITIES Accounts Payable $ 1,889 'TOTAL LIABILITIES 1,889 I FUND BALANCES Assigned to: Operating Reserves 19,200 Reserves-Road and Lakes 10,000 Unassigned: 58,044 (TOTAL FUND BALANCES $ 87,244 I ITOTAL LIABILITIES&FUND BALANCES $ 89,133 I Report Date:2/11/2016 1 161 1 B 3 . . . NAPLES HERITAGE Community Development District General Fund Statement of Revenues,Expenditures and Changes In Fund Balances For the Period Ending January 31,2016 ANNUAL YID ACTUAL ADOPTED YEAR TO DATE YEAR TO DATE VARIANCE(6) AS A% JAN-16 JAN-18 ACCOUNT DESCRIPTION BUDGET BUDGET ACTUAL FAV(UNFAV) ADOPTED BUD BUDGET ACTUAL AVENUES Interest-Investments $ 100 $ 32 $ 50 $ 18 50.00% $ 8 $ 15 Interest-Tax Collector - - 2 2 0.00% - 2 Special Assmnts-Tax Collector 79,897 39,948 69,775 29,827 87.33% 13,316 3,700 Special Assmnts-Discounts (3,196) (1,599) (2,748) (1,149) 85.98% (533) (111) (TOTAL REVENUES 76,801 38,381 87,079 28,698 87.34% 12,791 3,606 EXPENDITURES Administration PIR-Board of Supervisors 5,000 2,000 2,000 - 40.00% 1,000 1,000 FICA faxes 383 154 153 1 39.95% 77 77 ProfServ-Engineering 1,000 332 - 332 0.00% 83 - ProfServ-Fiekt Management 700 232 - 232 0.00% 58 - ProfServ-Legal Services 2,000 668 81 587 4.05% 167 - ProfServ-Mgmt Consulting Sery 20,085 6,696 6,695 1 33.33% 1,874 1,674 ProfServ-Property Appraiser 1,199 1,199 1,199 - 100.00% - - Auditing Services 3,000 1,500 - 1,500 0.00% - - Postage and Freight 1,500 500 185 315 12.33% 125 90 Insurance-General Liability 8,325 8,325 8,399 (74) 100.89% - - Printing and Binding 650 216 141 75 21.69% 54 59 Legal Advertising 2,500 B32 410 422 1640% 208 - Misc-Bank Charges 620 208 204 4 32.90% 52 54 Misc-ASSessmnt Collection Cost 1,598 798 1,341 (543) 83.92% 266 72 Misc-Contingency 376 124 215 (91) 57.18% 31 33 Office Expense 410 136 61 75 14.88% 34 33 Annual District Filing Fee 175 175 175 - 100.00% - - Total Administration 49,521 24,095 21,259 2,836 42.93% 3,829 3,092 Field Misc-Contingency 17,280 5,760 - 5,760 0.00% 1,4.40 - Total Field 17,280 5,760 - 5,760 0.00% 1,440 - Reeervee Reserve-Roads and Lakes 10,000 - - - 0.00% - - Total Reserves 10,000 - - - 0.00% - - (TOTAL EXPENDITURES&RESERVES 76,601 29,855 21,269 8,596 27.68% 6,269 3,092 I Excess(deficiency)of revenues Over(under)expenditures - 8,526 45,820 37,294 0.00% 7,522 514 Net change in fund balance $ - $ 8,526 $ 45,820 $ 37,294 0.00% $ 7,522 $ 514 FUND BALANCE,BEGINNING(OCT 1,2015) 41,424 41,424 41,424 FUND BALANCE,ENDING $ 41,424 $ 49,950 $ 87,244 Report Date:2/11/2016 2 161 1B3 NAPLES HERITAGE Community Development District Supporting Schedules January 31,2016 161 1B3 NAPLES HERITAGE Community Development District Non-Ad Valorem Special Assessments (Collier County Tax Collector-Monthly Collection Distributions) For the Fiscal Year Ending September 30,2016 Discount I Gross Date Net Amount (Penalties) Collection Amount Received Received Amount Costs Received Assessments Levied $ 79,897 Allocation% 100% 11/05/15 $ 511 $ 29 $ 10 $ 550 11/13/15 14,865 632 303 15,800 11/30/15 27,001 1,148 551 28,700 12/14/15 19,793 828 404 21,025 01/11/16 3,517.22 111.00 71.78 3,700.00 TOTAL $ 65,687 $ 2,748 $ 1,340 $ 69,775 %COLLECTED 87.3% Report Date:2/11/2016 3 161 1B3 NAPLES HERITAGE Community Development District Cash and Investment Balances January 31,2016 ACCOUNT NAME BANK NAME YIELD MATURITY BALANCE GENERAL FUND Checking Account-Operating SunTrust 0.07% N/A $ 62,566 Money Market Account Bank United 0.45% N/A 26,567 Total $ 89,133 • Report Date:2/11/2016 4 161 1B3 E mn0r VONnC0o 0 0 o e a Y CI01170n m O m ni r m r) .- co r aC r CO ri�m V V V Q co Yi vi E03 r»OV 03»0,)00 "9»»of r) w 03 CO CO CO CO v) u) w CO 100 0 Q M yyM N N Y u d r 0 09 CO c op pp op op a. 0) 0)coo c0V CO COO CO V t0`! ca 8 coo tO rf V Q 10 0 V)10 N t0 0 0 N 00 to 0 0 Y) J 6 rvr' ud .1 dd, r' 6 .- mod ° 0 O 8888888808888 $ .iismaIl r,3 233 '833 a' W G) 0) E c c m a y 0 ✓ u v-o 0co V °o c c •C u 11 ,1-_- ,1 EE W 5 ro a E LL m °y) m m r+ 6 °cc 1 c, c�� 0 o. .5 N_ a m 0a O1 a,a rn,0 a a U Q _ \ C J ° ` � a U .. .. ... 0. . .. -.. . .. .... 0.. .. ... 0. . .. -.. . .. .... .. ... 0. . .. -.. ... .. ... 0. . .. -.. . .. .... 0...0f.. E z a. ; z O J m u U' w °c' F c S' c 'Z d• c C 5 z 0 5 5 Y o Y o w r Z O• LL 2 O n p w a a a a tW h Z u F 0 0 0 0 0 0 Cy a.., u m O LL w c� UU a ....a s a CD ,.m. ••,a r ❑ ''' (.19'8 U�y1/IL W Ill??X UX» 4po m 4o m 4o 1 o) C y E T O p H r LL IL LL LL L-CO to to Ll) N N N N N O 3 pa s s�pr rrr �rgg grg grgrrr • • • • • 2 E 0-' $ c ¢a ,nO (L00,_0 C 000 '82-, ;;;- c1-3 0 a c �'j'c o o � » »W o 0 0 0 0 0 9 c c c ~ 0 L d N a = 0 0 0 0 6 W W W W W LV c , 2 N ri• v a r1 - m z z z z r ❑ 0 0 0 ❑ ❑ ^ ^ 5 ar ii 17 d m Z in p J J J J J Q O LL m v 0 0 0 0 oOVm rm m m 0 04 6 01 00 CO 00 c0 00000 y+ O rr) r r)r lar T. ). o O ppp m o m W W m 0 00 V C pN N a 0 N N N 00 0.-Y) r N N N a a a a I wream recece.ww wWWw Wwwwww CO 0 CC co CO (0 O (0 CO<0 0 CO J J J J J J J J J o. 0 ¢ aaa aaa ¢aa W Z Z Z r r Z Z Z Z I- 10 0 111 5555.4552555 Z 0 zzzz zzZZZz 0 0 0 0 0 0 0 0 0 0 0 0 ❑ ro I- z zz >ZpzzzzzZ Z W ❑ Z a } w w W W w Z W w W w w W Y Z Zr rrr > rrrrrr < g a 7 0 Y Z Z Z Z p Z Z Z Z Z Z 0 ¢ f JO J W W W W y W W W W W W U O N ,- N- Z N-r-F N-b- I- _ 0 0 W ❑ Os > > > > > >> >>> z w r LLI 0 r O W Q LL1 W W W❑ W W W W W W I L I U M W O ULL zco EnNUl U co NNyNc Y c., a a a 0 m N 0 c0 N c0 V1 N CO CO m CO m m CO CO CO m m 'a 0 V a a V a a C•1000000 0 0 0 0 0 o • Z• 0 4 N N N cV cN N 0 0 0 0 0 0 O O O O O Y CO V N U) m c00 c�O t0 a COO Um] 0) CO cn m r CD u o .i n r r r r r r r r r r r r r r r r r r =a 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 O 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 W p 0 Z W O OO o 00 00 OO 00 OO OO 8 8 8 8 8 OO OO Oo 0 0 O 8 Oa N c 5 161 183 Qualifying to Run for Office 2016 Qualifying Dates Noon,June 20,2016—Noon,June 24,2016 What happens when you go to the Supervisor of Elections office to qualify? You will file a loyalty oath, a financial disclosure Form l and either pay the $25 qualifying fee or file a certification for 25 signatures. Qualifying Fees $25.00 (Unless qualifying by petition) Qualifying by Petition In order to qualify by petition and thereby have the qualifying fee waived, a person needs to gather the signatures of 25 qualified voters residing within Naples Heritage CDD. The Division of Elections has prescribed the format of the petition,a copy of which is attached. The deadline to submit petitions to the Supervisor of Elections is Noon, May 23, 2016. (Candidates must still qualify during the candidate qualifying period.) Please note that petitions may be submitted prior to the deadline. There is a verification fee of$.10 per signature to ensure the signers are valid residents within the CDD. Cash is accepted. The Supervisor of Elections recommends bringing your petitions in person. If you want to campaign, you are permitted to do so as long as you do not expend any funds. If you are going to expend money for signage, business cards, etc., even if it is your own money, you must open a campaign account and will need to file the required forms. You will also need to appoint a campaign treasurer and designate a campaign depository. If campaigning, signatures may not be obtained until the candidate has filed his or her appointment of campaign treasurer and designation of campaign depository. Contact the Supervisor of Elections for more specific information on qualifying by petition. Qualifying Officers The Qualifying Officer for Special District Offices is the Supervisor of Elections. Collier County Supervisor of Elections Jennifer J.Edwards 239-252-8663 su Dery isorofelectionsC colliergov.net colliervotes.com 161 1B3 *4 RESOLUTION 2016-3 A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE NAPLES HERITAGE COMMUNITY DEVELOPMENT DISTRICT CONFIRMING THE DISTRICT'S USE OF THE COLLIER COUNTY SUPERVISOR OF ELECTIONS TO CONTINUE CONDUCTING THE DISTRICT'S ELECTION OF SUPERVISORS IN CONJUNCTION WITH THE GENERAL ELECTION WHEREAS, the Naples Heritage Community Development District (hereinafter the "District")is a local unit of special-purpose government created and existing pursuant to Chapter 190,Florida Statutes,being situated entirely within Collier County,Florida;and WHEREAS, the Board of Supervisors of Naples Heritage Community Development District (hereinafter the "Board") seeks to implement section 190.006(3)(a)(2)(c), Florida Statutes and to instruct the Collier County Supervisor of Elections (the"Supervisor")to conduct the District's General Elections. WHEREAS, the Supervisor has requested the District adopt a resolution confirming the District's use of the Supervisor for the purpose of conducting the District's future supervisor elections in conjunction with the General Election; and WHEREAS, the District desires to continue to use the Supervisor for the purpose of conducting the District's supervisor elections in conjunction with the General Election. NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE NAPLES HERITAGE COMMUNITY DEVELOPMENT DISTRICT: Section 1. The Board is currently made up of the following individuals: Peter J. Lombardi,Peter V.Ramundo,Richard Leonhard,Gerald G.James and Kenneth R.Gaynor. Section 2. The term of office for each member of the Board is as follows: Supervisor Leonhard Seat 1 expires 11/2016 Supervisor Lombardi Seat 2 expires 11/2016 Supervisor Ramundo Seat 3 expires 11/2018 Supervisor James Seat 4 expires 11/2018 Supervisor Gaynor Seat 5 expires 11/2018 Section 3. Seat 1 currently held by Mr. Richard Leonhard, and Seat 2 currently held by Mr.Peter Lombardi are scheduled for the General Election in November 2016. Section 4. Pursuant to section 190.006(8), Florida Statutes, members of the Board shall be entitled to receive for his or her services an amount not to exceed $200 per meeting of the Board,not to exceed$4,800 per year per member. 161 1B3 Section 5. The term of office for the individuals to be elected to the Board in the November 2016 General Election is four years. Section 6. The new Board members shall assume office on the second Tuesday following their election. Section 7. The District hereby instructs the Supervisor to continue conducting the District's elections in conjunction with the General Election. The District understands that it will be responsible to pay for its proportionate share of the General Election cost and agrees to pay same within a reasonable time after receipt of an invoice from the Supervisor. PASSED AND ADOPTED THIS 1st DAY OF MARCH,2016. ATTEST: NAPLES HERITAGE COMMUNITY DEVELOPMENT DISTRICT Calvin Tea Peter J. Lombardi Secretary Chairman s 1 1 B3 11 q72 ` Z% MINUTES OF MEETING NAPLES HERITAGE COMMUNITY DEVELOPMENT DISTRICT The regular meeting of the Board of Supervisors of the Naples Heritage Community Development District was held on Tuesday, March 1, 2016 at 9:00 a.m. at the Naples Heritage Golf and Country Clubhouse, 8150 Club Way,Naples,Florida. Present and constituting a quorum were: Peter J.Lombardi Chairman Peter Ramundo Vice Chairman Kenneth R. Gaynor Assistant Secretary Gerald James Assistant Secretary Richard Leonhard Assistant Secretary Also present were: Calvin Teague District Manager Patrick Dorbad NHCA General Manager The following is a summary of the discussions and actions taken at the March 1, 2016 Board of Supervisors meeting. FIRST ORDER OF BUSINESS Roll Call The meeting was called to order and all Supervisors were present. SECOND ORDER OF BUSINESS Public Comment on Agenda Items There not being any,the next item followed. THIRD ORDER OF BUSINESS Approval of the Minutes of the January 5,2016 Meeting Mr. Lombardi stated each Board member received a copy of the minutes of the January 5,2016 meeting and requested any corrections,additions or deletions. On MOTION by Mr. Gaynor seconded by Mr. Leonhard with all in favor the minutes of the January 5, 2016: meeting were approved. 16i 1B3 March 1, 2016 Naples Heritage CDD FOURTH ORDER OF BUSINESS Old Business A. Update on Lake Fountain • The unit has been shipped and the vendor is anticipating receipt of the fountain this week for installation. B. Lake Quality Analysis/Aerator Discussion • Discussion ensued with regard to conducting an analysis of the lakes prior to having aerators installed. • It was requested the District Engineer review and prioritize the lakes. Proposals will be obtained for the analysis and based on cost the BOS will decide how many will be completed. FIFTH ORDER OF BUSINESS New Business A. Distribution of the Proposed Fiscal Year 2017 Budget and Consideration of Resolution 2016-2 Approving the Budget and Setting the Public Hearing • The proposed fiscal year 2017 budget was presented for review. On MOTION by Mr. Ramundo seconded by Mr. James with all in favor Resolution 2016-2 approving the budget for fiscal year 2017 and setting a public hearing for May 3, 2016 was adopted. SIXTH ORDER OF BUSINESS Manager's Report A. Approval of Financial Statements • The financial statements for the period ending January 31,2016 were reviewed. On MOTION by Mr. James seconded by Mr. Leonhard with all in favor the January 31, 2016 financials were accepted. B. Discussion of General Election i. Qualifying Information ii. Consideration of Resolution 2016-3 Confirming the District's Use of the Collier County Supervisor of Elections to Continue Conducting the District's Election of Supervisors in Conjunction with the General Election • Qualifying information for the November 8,2016 General Election was reviewed. 2 161 1B3 March 1, 2016 Naples Heritage CDD On MOTION by Mr. Gaynor seconded by Mr. James with all in favor Resolution 2016-3 confirming the District's use of the Collier County Supervisor of Elections to continue conducting the District's election of supervisors in conjunction with the general election was adopted. SEVENTH ORDER OF BUSINESS Attorney's Report There not being any,the next item followed. EIGHTH ORDER OF BUSINESS Supervisor's Requests • Supervisor Gaynor commented that the lakes should remain a high priority during any capital planning going forward. NINTH ORDER OF BUSINESS Audience Comments There not being any,the next item followed. TENTH ORDER OF BUSINESS Adjournment There being no further business, On MOTION by Mr. Gaynor seconded by Mr. Leonhard with all in favor the meeting was adjourned. A 147:(2 Cal Teagu` Peter J.Lombardi Secretary Chairman 3 161 134 (L-3 i1 �ji MINUTES OF MEETING By PORT OF THE ISLANDS COMMUNITY IMPROVEMENT DISTRICT The regular meeting of the Board of Supervisors of the Port of the Islands Community Improvement District was held Friday, January 15, 2016 at 10:00 a.m. at the Orchid Cove Clubhouse;25005 Peacock Lane;Naples,Florida. Present and constituting a quorum were: J.Anthony Davis Chairman Norine Dillon Vice Chairperson Theodore Bissell Assistant Secretary Dale Lambert Assistant Secretary Richard Ziko Assistant Secretary Also present were: Calvin Teague District Manager Robert Edge Field Manager Steve Spillers Severn"[rent Services Operations Robert Soto Soto's Lawn Service Jean Kungle POI Realty Ray Cooper Resident Dan Cramer Resident John DelDebbio Resident Mike Henrys Resident Mr. and Mrs.Jackson Resident Bob Johnson Resident Kathryn Kehlmeier Resident Randy Resch Resident Kevin McPeak Resident Audrey Sanders Resident The following is a summary of the discussions and actions taken at the January 15,2016 Port of the Islands Community Improvement District's Board of Supervisors Meeting. FIRST ORDER OF BUSINESS Call to Order and Roll Call Mr. Davis called the meeting to order;Mr.Teague called the roll. Monday,2/8/16 161 84 January 15,2016 Port of the Islands CID SECOND ORDER OF BUSINESS Approval of the Minutes of the December 18,2015 Meeting Mr. Teague stated each Board member received a copy of the Minutes of the December 18,2015 Meeting and requested any additions,corrections or deletions. There not being any, On MOTION by Mr. Lambert seconded by Mr. Bissell with all in favor, the Minutes of the December 18, 2015 Meeting were approved. THIRD ORDER OF BUSINESS Public Comment on Agenda Items • A resident inquired about zoning issues for the hotel. It is not residential. • Mr.Resch inquired about a request he made for information regarding maintenance contracts. This was to be discussed under item 7B. Mr. Resch's request must be submitted in writing to Mr.Teague. Mr.Lambert MOVED to table Agenda Item 7B,Orchid Cove Meter Issue,to the February meeting at the request of resident,Mr.Randy Resch,and Mrs.Dillon seconded the motion. • Copies of maintenance contracts are necessary for this discussion,according to Mr. Resch. • Irrigation water collects in the area,according to Mr.Edge. • The irrigation company should do a wet test to determine whether or not there is a leak. However,there does not appear to be a leak. On VOICE vote with all in favor,the prior motion was approved. • Once Mr.Teague receives the request,he will provide the documents. FOURTH ORDER OF BUSINESS Old Business A. Review of Landscape Maintenance Performance Mr. Soto discussed his walk-through with Ms.Kehlmeier on January 11, 2016; a copy of the notes from this walk-through are attached hereto as part of the public record. 2 Monday,2/8/16 161 164 January 15,2016 Port of the Islands CID • This is the best time to remove the Oak Tree. A ballpark estimate to remove both the Oak Tree and Palm Tree which is under the power line is approximately$375. On MOTION by Mrs.Dillon seconded by Mr.Ziko with all in favor, Soto's Lawn Service was authorized to remove the Oak Tree and Palm Tree in the easement,as discussed,in an amount not to exceed $375. • There is damage at the easement on U.S. 41 at the median. The gutter coming off of the road is washing out onto the easement. Mr. Soto was asked to take photographs of the area periodically. • A woman was attacked by a swarm of Honey Bees. The county was contacted since it is county property. Mr.Davis asked Mr.Edge to follow up with the Marco Island Honey Company to remove the Queen Bee. FIFTH ORDER OF BUSINESS New Business • Mr. Benson will be needed to attend next month's meeting. SIXTH ORDER OF BUSINESS District Manager's Report A. Acceptance of Financial Statements and Check Register as of December 31,2015 • Funds are coming in from all but two important sources. • Mr. Teague indicated the CDD does not necessarily have to allow early payment discounts on assessments. • The charge of $1,009.50 was for the engineer to work with Soto for the CAD drawings. • A charge for batteries was discussed. There have been replacements in the battery back-up system as well as a couple of CPUs at the plant. Batteries need to be replaced once per year. Mr. Bissell MOVED to accept the Financial Statements and Check Register as of December 31,2015. • There remains approximately $25,000 in the Construction Fund. Lift station charges have not been reflected yet,but may be reflected this month. 3 Monday,2/8/16 161 1 4 January 15,2016 Port of the Islands CID I Mr.Lambert SECONDED the prior motion. There being no further discussion, On VOICE vote with all in favor, the Financial Statements and Check Register as of December 31,2015 were accepted. B. Discussion of Follow-Up Items • Mr. Soto was supposed to submit a quote for removal of the Pepper Trees. ➢ Mr.Edge commented the DEP is going to treat and remove the Pepper Trees on the fence line. This will take time. He advised allowing DEP to do this before having Mr.Soto become involved. Soto already removed the Pepper Trees out to the well road. • The lightning damage claim is currently being worked on. SEVENTH ORDER OF BUSINESS Field Manager's Report A. Discussion of December 2015/January 2016 Field Manager's Report Mr. Edge discussed the Field Manager's Report; a copy of which is attached hereto and made part of the public record. • There was a minor washout at Stella Maris South,which was caused by an old drain line going into the sewer line. The gap was repaired. • A streetlight which was not serviced by LCEC has finally been serviced by them. Anytime there is trouble, it will be handled by LCEC within seven days. • The meter box was removed and all beehives have been disposed of. Mr. Spillers will investigate having the Queen Bee removed. B. Orchid Cove Meter Issue As discussed earlier,this item was tabled to the next meeting. EIGHTH ORDER OF BUSINESS Attorney's Report A. Update on Hotel Bankruptcy Lawsuit/Redevelopment of Site • Mr. Teague commented the people who purchased the North Hotel want both parcels. Purchase of the property does not appear to be positive. NINTH ORDER OF BUSINESS Engineer's Report Mr. Benson submitted a report regarding Orchid Cove; a copy of which is attached hereto and made part of the public record. 4 Monday,2/8/16 161 194 January 15,2016 Port of the Islands CID TENTH ORDER OF BUSINESS Supervisors' Requests • Mr.Bissell commented on the electrical meter which was recently installed. There have been no complaints. • Mrs. Dillon commented Ms. Kungle spoke with Ms. Janet Starnes regarding the refugium. It will be 2020 before anyone can look at this. The manatees were moved. Mr.Jim Calvin is trying to reinstitute the Standing Watch Program for the manatees. • Mr. Lambert requested an annual engineering report for the roads along with suggested projects. A formal report has not been done in a long time. Mr.Teague will obtain a copy of the last report and will determine the cost for a new report. ELEVENTH ORDER OF BUSINESS Public Comment Period • Ms.Kungle commented the Appreciation Party for the Water Plant will be held on February 19, 2016 at 12:30 p.m. She is working with Mr. Edge on the details. It will be announced in the next newsletter. TWELFTH ORDER OF BUSINESS Adjournment There being no further business, On MOTION by Mr. Bissell seconded by Mr. Lambert with all in favor,the meeting was adjourned at approximately 11:11 a.m. Calvin Teague ` J.An on, D a is Secretary Chai _ 5 Monday,2/8/16 ; ,„1, rill7 ',:,)1 16 1 �� t \IL 4 12010, Port of the Islands Community Improvement District Board of Supervisor _421s J.Anthony Davis,Chairman Calvin Teague,District Manager Norine Dillon,Vice Chairperson Daniel Cox,District Counsel Dale Lambert,Assistant Secretary Ronald Benson,District Engineer Theodore Bissell,Assistant Secretary Richard Ziko,Assistant Secretary Regular Meeting Agenda Friday,January 15,2016— 10:00 a.m. 1. Call to Order and Roll Call 2. Approval of the Minutes of the December 18,2015 Meeting 3. Public Comment on Agenda Items 4. Old Business A. Review of Landscape Maintenance Performance 5. New Business 6. District Manager's Report A. Acceptance of Financial Statements and Check Register as of December 31,2015 B. Discussion of Follow-Up Items 7. Field Manager's Report A. Discussion of December 2015/January 2016 Field Manager's Report 13. Orchid Cove Meter Issue 8. Attorney's Report A. Update on Hotel Bankruptcy Lawsuit/Redevelopment of Site 9. Engineer's Report 10. Supervisors' Requests 11. Public Comment Period 12. Adjournment The next meeting is scheduled for Friday,February 19,2016 at 10:00 a.m. District Office: Meeting Location: Severn Trcnt Services,Inc. Orchid Cove Clubhouse 5911 Country Lakes Drive 25005 Peacock Lane Fort Myers,Florida 33905 Naples,Florida 34114 239-245-7118 IntpJ/poicid.coml 239-430-0806 161 1B4 Naples Daily News Naples, FL 34110 Affidavit of Publication Naples Daily News PORT OF THE ISLANDS PORT OF THE ISLANDS 210 N UNIVERSITY DR #702 CORAL SPRINGS FL 33071 REFERENCE: 531686 2015 701437 State of Florida Counties of Collier and Lee NOTlCEOFMEETINGS Before the undersigned authority, personally PORT OFTfE1SiANp� iIMPROVEMENT appeared Dan McDermott, says that he serves as COMMUNITY DISTRICT' the Inside Sales Supervisor, of the Naples Daily ` 1he Boairupgvsors of iePart dth @nisi€ news, a daily newspaper published at Naples, in Corrariattrty`impro etneh Dlst[fit will hold#heir meet[rig Fiscal Ye#1,206 a the Orchid;+ o*fiiO4,0-se Z50,o5 Peat Collier County, Florida: that the attached copy of Lane,Naptes Eiorida3413* *00441 Th:miethlryI0!(.1l each monthas olloW . advertising was published in said newspaper on listed. actober�6,3oa5 Affiant further says that the said Naples Daily Nov @br'r?0„2Q1 3 i # ijeee >)ek 1f3,205r� News is a newspaper published at Naples, in said )an4aryT�,30�fi , Collier County, Florida, and that the said newspaper FiSrpary9,.2016 M$.ri:h t 24i§ r has heretofore been continuously day and has been Juek &�i� &tf> ' r x tt entered as second class mail matter at the post office in Collier County, Florida, for a period of 1uLxsl5,2016° f� `� } �r x j 1 year next precending the first publication of the $eter>aberis,20]fi r ' attached copy of advertisement; and affiant romised r n` iH PY ]? � the md4thi}g��3open #a�he R��t(��aYide rw� any person, firm or corporation any discount, rebate ridtictedin,aaeerdancc�utthteptgvi#ionefFlgrrdaiaii Y p p Y . Commumt Impross.6'fit Ot i.d Nleedn9s:rfiai 4e contip commission or refund for the purpose of securing #Qada#e rm andiocatio�► bespeclf[ da�rlthe ecotdat this advertisement for publication in the said ` ' (80 4)955 66770 fdfi r aid�n c�oanstaacrt s wllg h tehtke a Dr i bls l}tircinet a gO rtejrfiicne 1pg etssrvThrema*oc newspaper. w11I p arttcip4te Yia t*419fa n pei •400m000004tat t o kagcarsefada[ or physical tmpatfmehoad onacte N tfict,glTfag iey 9 COm an Yy erern Tret Saruices at((954)7545041 eteAD SPACE:5 3 (2 calendar as por the m66.0 1fOO ie e id*FILED ON:10/0 3/15 pese otacfte Fgr1.dk Rlo e rric at two{2)days prior to thedate o t Te rr#@e l$s, PUBLISHED ON:-e 7 September 25, 2 015 a e t hee rlElt`chipge5 rs is a ta�-dwvhsye”d t1tt�iadt e�•@#�r d�lpj)y4�g4 e��a e`t ribQ n ot nr s ;thproceedmg6 and accodinglyth .s(n r4 y needq a.verbatir record ott he proceeding T a s ipeuding tetimony ad evdencupon wtsh 1ucJspeato beb Ca1YI j Teague Dl tr1c#Manager - September . z Signature of Affiant Sworn to and Subscribed before me this '')L d&v_ _nd-16 .f _ , 2Q 1/ / I � �"~ / IYONNE 60RI .9 f i Personally known by me'. U:"� �` r t.---( ,\ 4 4'F , �% Notary Public-State of Florida • • ,E Commission#FF 900870 My Comm.Expires Jul 16.2019 I •�i` Bonded through National Notary Assn. 0 161 18 4 From: Claire Campbell inioC^soteia,,,,1 g Subject: POI Notes Jan 2016 Date: January 13,2016 at 3:28 PM Co: Dillon Norine ndiiionpoiC;ember groaii.com, Edge,Robert 4-io0ert.Edge'< S I Service&corn, ibissell @)embaryfrail-con, r ik nbe,rrzn al co,. , dal lambert en,bcar,rn it com, anll:ony ci-,atavacorn, kehlnneier@ a_icisp.net Walk through performed Monday January 11 with Robert Soto and Kathryn Kehlmeier. Ot, • Recommending to remove Oak Tree hacked by Power Electric company on Newport Drive. • Core grasses along Cays Drive were trimmed/cut back. ▪ During/after rain, we noticed ant mounds starting to appear at many areas, we did a complete treatment last week. • We are starting to remove all weeds and cut backs preparing for mulch installation next week. • Due to Holiday schedule, we fell a little behind. Water plant push back is scheduled for next week. Thank you, Claire Campbell Soto's 11. f:$ O Lawn Service, Inc. /Maw 2830 35th Avenue NE Naples, FL 34120 Sotolawn.com Phone:(239)354-1080 Fax:(239)354-1045 Contact us: Claire info( sotolawn.com (Office) Robert robertPsotolawn.com Donna donnas sotolawn.com Lila lilaPsotolawn.com (irrigation) 161 184 Agenda Page#11 Port of the Islands Community Improvement District Financial Report December 31,2015 Prepared by SEVERN TRENT SERVICIS 161 164 Agenda Page#12 PORT OF THE ISLANDS Community Improvement District Table of Contents FINANCIAL STATEMENTS Balance Sheet-All Funds Page 1 General Fund Statement of Revenues,Expenditures and Changes in Fund Balance...... Page 2 Trend Report Page 3 Enterprise Fund Statement of Revenues,Expenditures and Changes in Fund Balance Page 4-5 Trend Report Page 6 SUPPORTING SCHEDULES Check Register Page 7-8 Special Assessments-Collection Schedule .......................................................... Page 9 Construction Schedule Page 10-12 CIP Status Report Page 13-14 Cash Flow Projections .......................................................... Page 15-16 Cash Flow Projections-5 year Page 17 Monthly Activity Report Page 18-23 Accounts Receivable Ageing Report(90+days outstanding) Page 24-25 Repair and Maintenance Detail Reports Page 26-28 161 1B Agenda Page#13 Port of the Islands Community Improvement District Financial Statements (Unaudited) December 31, 2015 161 1B4 PORT OF THE ISLANDS Agenda Page#14 Community Improvement District Governmental and Enterprise Funds Balance Sheet December 31,2015 GENERAL WATER AND ACCOUNT DESCRIPTION FUND SEWER FUND TOTAL ASSETS Cash-Checking Account $ 302,467 $ 752,930 $ 1,055,397 Accounts Receivable 417 6,838 7,255 Assessments Receivable 337,552 958,606 1,296,158 Allow-Doubtful Collections (337,552) (958,606) (1,296,158) Due From Other Funds • 616,875 - 616,875 Investments: Money Market Account 91,134 8,789 97,923 Construction Fund - 25,180 25,180 Prepaid Items 2,007 2,007 4,014 Fixed Assets Land - 293,081 293,081 Infrastructure - 15,428,890 15,426,890 Accum Depr-Infrastructure - (5,025,450) (5,025,456) Equipment and Furniture - 327,167 327,167 Accum Depr-Equip/Furniture - (117,178) (117,178) TOTAL ASSETS $ 1,012,900 $ 11,698,228 $ 12,711,128 LIABILITIES Accounts Payable $ - $ 51 $ 51 Accrued Expenses 2,583 2,594 5,177 Deposits - 35,000 35,000 Other Current Liabilities - 544 - 544 Revenue Bonds Payable-Current - 551,529 551,529 Due To Other Funds - 616,875 818,875 Revenue Bonds Payable-LT - 2,406,616 2,406,616 TOTAL LIABILITIES 2,583 3,613,209 3,615,792 FUND BALANCES I NET ASSETS Fund Balances Nonspendable: Prepaid Items 2,007 2,007 4,014 Assigned to: Operating Reserves 103,762 - 103,762 Unassigned: 904,548 - 904,548 Net Assets Invested in capital assets, net of related debt - 7,945,795 7,945,795 Restricted for Debt Service - 25,180 25,180 Unrestricted/Unreserved - 112,037 112,037 TOTAL FUND BALANCES/NET ASSETS $ 1,010,317 $ 8,085,019 $ 9,095,336 TOTAL LIABILITIES 8,FUND BALANCES/NET ASSETS $ 1,012,900 $ 11,698,228 $ 12,711,128 Report Date: 1/4/2016 1 161 184 PORT OF THE ISLANDS Agenda Page f*15 Community Improvement District General Fund Statement of Revenues,Expenditures and Changes in Fund Balances For the Period Ending December 31,2015 . ANNUAL YTD ACTUAL ADOPTED YEAR TO DATE YEAR TO DATE VARIANCE($) AS A%OF DEC-15 ACCOUNT DESCRIPTION BUDGET BUDGET ACTUAL FAV(UNFAV) ADOPTED BUD ACTUAL REVENUES Interest-Investments $ 1,673 $ 417 $ 161 $ (256) 9.62% $ 35 Interest-Tax Collector - - 1 1 0.00% - Special Assmnts-Tax Collector 334,109 111,370 272,870 161,500 81.87% 122,042 Special Assmnts-CDD Collected 96,490 32,164 - (32,164) 0.00% - Special Assmnts-Discounts (17,224) (5,742) (10,811) (5,069) 62.77% (4,732) TOTAL REVENUES 415,048 138,209 262,221 124,012 63.18% 117,345 EXPENDITURES Administration P/R-Board of Supervisors 7,000 1,500 2,000 (500) 28.57% 500 FICA Taxes 536 134 153 (19) 28.54% 38 ProfServ-Engineering 19,000 4,750 2,077 2,673 10.93% 1,067 ProfServ-Legal Services 20,000 5,000 2,857 2,143 14.29% 1,037 ProfServ-Mgmt Consulting Sery 30,995 7,749 7,749 - 25.00% 2,583 ProfServ-Property Appraiser 5,012 5,012 4,635 377 92.48% - ProfServ-Special Assessment 10,100 10,100 - 10,100 0.00% - Auditing Services 3,500 1,750 - 1,750 0.00% - Postage and Freight 600 150 111 39 18.50% 94 Rental-Meeting Room 350 75 75 - 21.43% - Insurance-General Liability 9,718 2,430 2,007 423 20.65% - Printing and Binding 600 150 150 - 25.00% 29 Legal Advertising 1,000 250 - 250 0.00% - Miscellaneous Services 1,380 345 223 122 16.16% 95 Mlso-Assessmnt Collection Cost 6,682 2,227 5,241 (3,014) 78.43% 2,346 Misc Web Hosting 1,000 250 142 108 14.20% 71 Office Supplies 350 87 39 48 11.14% 19 Annual District Filing Fee 175 175 175 - 100.00% - Total Administration 117,998 42,134 27,834 14,500 23.42% 7,879 Field Contracts-Mgmt Services 100,000 25,000 26,556 (1,556) 26.56% 9,889 Contracts-Landscape 82,830 20,708 22,707 (1,999) 27.41% 7,402 Electricity-Streetlighting 18,000 4,500 3,690 810 20.50% 1,230 Utility-Irrigation 17,000 4,251 4,806 (555) 28.27% 1,381 R&M-Renewal and Replacement 70,000 17,500 (2,397) 19,897 -3.42% (2,622) R&M-Roads&Alleyways 8,220 2,055 - 2,055 0.00% - R&M-Signage 1,000 250 - 250 0.00% Total Field 297,050 74,264 55,362 18,902 16.64% 17,280 TOTAL EXPENDITURES 415,048 116,398 82,996 33,402 20.00% 25,159 Excess(deficiency)of revenues Over(under)expenditures - 21,811 179,225 157,414 0.00% 92,186 Net change in fund balance $ - $ 21,811 $ 179,225 $ 157,414 0.00% $ 92,186 FUND BALANCE,BEGINNING(OCT 1,2015) 831,092 831,092 831,092 FUND BALANCE,ENDING $ 831,092 $ 852,903 $ 1,010,317 Report Date:1/4/2016 2 161 184 PORT OF THE ISLANDS Agenda Page#16 Community Improvement District Trend Report-General Fund Statement of Revenues,Expenditures and Changes in Fund Balances For the Period Ending December 31,2015 TOTAL Oct Nov Dec Actual Thru Adopted Account Description Actual Actual Actual 12/31/2015 Budget Revenues Interest-Investrnents $ 73 $ 52 $ 35 $ 161 $ 1,673 Interest Tax Collector 1 - - 1 • SpecialAssmnts-TaxCollecto 3576 147252 122,042 272,870 334,109 SpecialAssmnls-COOCollects( - - - - 96,490 Special Assmnts-Discounh (188) (5,890) (4,732) (10,811) (17,224) Total Revenues 3,462 141,414 117,346 262,221 415,040 Expenditures Administrative PfR•BcardofSupervisors 1,000 500 500 2,000 7,000 FICA Taxes 77 38 38 153 536 ProfServ•Engineedng - 1,010 1,067 2,077 19,000 ProfSery-Legal Services 980 841 1,037 2,857 20,000 ProfSery-Mgmt Consulting Sen 2,563 2,583 2,583 7,749 30,995 ProfServ-PrcpertyAppraiser 4,635 - • 4,635 5,012 ProfServ-Special Assessmen - - - - 10,100 Auditing Service, - - - - 3,500 Postage and Fregh - 17 94 111 600 Rental-Meeting Room 50 25 - 75 350 Insurance-GeneralLiabilih 2,007 - - 2,007 9,718 Printing and Bindint - 121 29 150 600 LegalAdveetisint - - - - 1,000 Miscellaneous Services 48 81 95 223 1,380 Misc-Assessmnt Collection Cos 88 2,827 2,346 5,241 6,682 Misc-Web Hosting 71 - 71 142 1,000 Office Supplies - 19 19 39 350 Annual District Filing Fe - 175 - 175 175 Total Administrative 11,519 8,237 7,079 27,634 117,998 Field Conlracls-MgmtServices 6333 8,333 9,889 26,556 100,000 Contracts-Landscape 6,902 8,402 7,402 22,707 82,830 Electricity-Streedightin! 1,229 1,230 1230 3,690 18,000 Utility-Irrigator 1,569 1,856 1,381 4,806 17,000 R&M-Renewal and Replacement 225 - (2,622) (2,397) 70,000 R&M•Roads&Alleyway! - - - - 8,220 R&M-Signags - - - - 1,000 Total Field 16,258 19,821 17,280 55,362 297,050 Total Expenditures 29,777 28,056 25,159 62,998 415,046 Excess(deficiency)of revenues Over(under)expenditures (26,315) 113,356 92,186 179,225 - Other Financing Sources(Uses) Contribution to(Use o0 Fund Balance - - - - - TotalFinancingSources(USes) - • Net change in fund balance $ (26,315) $ 113,356 $ 92,186 $ 179,225 $ - Fund Balance,Beginning(Oct 1,2015) 831,092 831,092 Fund Balance,Ending $ 1,010,317 $ 831,092 Report Date:1/4/2016 3 161 1B4 • PORT OF THE ISLANDS Agenda Page#17 Community Improvement District Water And Sewer Fund Statement of Revenues,Expenses and Changes in Net Assets For the Period Ending December 31,2015 ANNUAL YTD ACTUAL ADOPTED YEAR TO DATE YEAR TO DATE VARIANCE($1 AS A%OF DEC-15 ACCOUNT DESCRIPTION BUDGET BUDGET ACTUAL FAV(UNFAV) ADOPTED BUD ACTUAL OPERATING REVENUES Interest-Investments $ 287 $ 71 $ 11 S (60) 3.83% $ 3 Water Revenue 59,070 14,769 11,607 (3,162) 19.65% 4,219 Sewer Revenue 89,320 22,330 16,630 (5,700) 18.82% 6,245 Irrigation Fees 121,990 30,497 30,833 336 25.28% 9,600 Special Assmnts-Tax Collector 933,964 311,321 765,116 453,795 81.92% 342,200 Special Assmnts-CDD Collected 331,781 110,587 - (110,587) 0.00% - Special Assmnts-Discounts (50,629) (16,876) (30,312) (13,436) 59.67% (13,288) Other Miscellaneous Revenues - - 1,060 1,060 0.00% 275 TOTAL OPERATING REVENUES 1,485,763 472,699 794,945 322,246 63.60% 349,274 OPERATING EXPENSES Personnel and Administration( P/R-Board of Supervisors 7,000 1,500 2,000 (500) 28.57% 500 FICA Taxes 536 134 153 (19) 28.54% 38 ProfServ-Engineering 19,000 4,750 2,077 2,873 10.93% 1,067 ProfServ-Legal Services 20,000 5,000 2,858 2,142 14.29% 1,037 ProfServ-Mgmt Consulting Eery 31,122 7,782 7,781 1 25.00% 2,594 ProfServ-Property Appraiser 14,009 14,009 12,989 1,020 92.72% - ProfServ-Special Assessment 8,817 8,617 - 8,617 0.00% - Auditing Services 3,500 1,750 - 1,750 0.00% - Postage and Freight 700 175 158 17 22.57% 121 Rental-Meeting Room 350 75 75 - 21,43% - Insurance-General Liability 9,719 2,430 2,007 423 20.65% - Printing and Binding 600 150 150 - 25.00% 29 Legal Advertising 1,000 250 - 250 0.00% - Miscellaneous Services 2,600 650 562 88 21.62% 175 Misc-Assessmnt Collection Cost 18,679 6,228 14,696 (8,470) 78.68% 6,579 Office Supplies 350 87 39 48 11.14% 19 Total Personnel and Administration 137,782 53,585 45,545 8,040 33.06% 12,159 Water-Sewer Comb Services Contracts-Mgmt Services 309,533 77,383 82,199 (4,816) 26.56% 30,611 Contracts-Generator Maint 1,750 - - - 0.00% - Communication-Teleph-Field 4,270 1,067 1,490 (423) 34.89% 274 Utility -General 86,000 21,501 20,044 1,457 23.31% 6,695 R&M-Irrigation 22,570 5,642 203 5,439 0.90% ... R&M-LiftStation 8,000 1,500 18,549 (17,049) 309.15% 7,987 R&M-Potable Water Lines 6,000 1,500 - 1,500 0.00% - R&M-Water Plant 10,000 2,500 307 2,193 3.07% - R&M-Waste Water Plant 18,000 3,999 (6,403) 10,402 -40.02% (6,528) R&M-Sewer Lines , 6,000 1,500 27 1,473 0.45% - R&M-Backliow Inspection 4,000 999 - 999 0.00% - Report Date:1/4/2016 4 161 184 PORT OF THE ISLANDS Agenda Page#18 Community Improvement District Water And Sewer Fund . Statement of Revenues,Expenses and Changes in Net Assets For the Period Ending December 31,2015 ANNUAL YID ACTUAL ADOPTED YEAR TO DATE YEAR TO DATE VARIANCE(8) AS A%OF DEC-115 ACCOUNT DESCRIPTION BUDGET BUDGET ACTUAL FAV(UNFAV) ADOPTED BUD ACTUAL Misc-Licenses&Permits 7,375 6,375 1,000 5,375 13.56% - Cap Outlay-Waste Water Plant 60,796 15,198 - 15,198 0.00% - Total Water-Sewer Comb Services 540,294 139,164 117,416 21,748 21.73% 39,041 Debt Service • Principal Debt Retirement 551,529 - - - 0.00% - Interest Expense 103,831 51,916 8,653 43,263 8.33% - Total Debt Service 655,360 51,916 8,853 43,283 1.32% - TOTAL OPERATING EXPENSES 1,333,436 244,685 171,614 73,051 12.87% 51,200 Operating income(loss) 152,327 228,034 623,331 395,297 409.21% 298,074 Change in net assets $ 152,327 $ 228,034 $ 623,331 $ 395,297 409.21% $ 298,074 TOTAL NET ASSETS,BEGINNING(OCT 1,2015) 7,461,688 7,461,688 7,461,688 TOTAL NET ASSETS,ENDING $ 7,614,015 $ 7,689,722 $ 8,085,019 • Report Date: 1/4/2016 5 161 lB 4 PORT OF THE ISLANDS Agenda Page#19 Community Improvement District Trend Report-Water And Sewer Fund Statement of Revenues,Expenses and Changes in Net Assets For the Period Ending December 31,2015 TOTAL 1 Oct Nov Dec Actual Thru Adopted Account Description Actual Actual Actual 1213112015 Budget Operating Revenues Interest-Investments $ 5 $ 3 $ 3 $ 11 5 287 Water Revenue 3,353 4,035 4219 11,607 59,070 Sewer Revenue 4,873 5,511 6,245 16,630 89,320 Irrigation Fees 10257 10,977 9,600 30,833 121,990 Special Assmnls-Tax Collects 10027 412,888 342200 765,116 933,964 Special Assmnts-COD Cellecter - - - - 331,761 SpecialAssmnls-Discount (528). (16,516) (13,268) (30,312) (50,629) Other MiecellaneouxRevenues 385 400 275 1,060 - Total Operating Revenues 25372 417,298 349274 794,945 1,485,763 Operating Expenses Personnel and Administration PIR-Board of Supervisors 1,000 500 500 2,000 7,000 FICA Taxes 77 38 38 153 536 ProlServ-Engineering - 1,010 1,067 2,077 19,000 ProlSery-Legal Servicer 980 841 1,037 2858 20,000 ProfServ-Mgmt Consulting Sen 2,594 2,594 2.594 7.781 31,122 ProlServ-Property Appraiser 12,989 - - 12,989 14,009 ProfServ-Special Axtessmen - - - - 8,617 Auditing Services - - - - 3,500 Postage and Freigh 20 17 121 158 700 Rental-Meeting Room 50 25 - 75 350 Insurance-General Liabi6Q 2,007 - - 2,007 9,719 Printing and Bindle( - 121 29 150 800 LegalAdvertisin( - - - - 1,000 Miscellaneous Service: 215 173 175 562 2,600 - Misc-AssesemntCollection Cos 190 7,927 6,579 14,696 18,679 Office Supplier - 19 19 39 350 Total Personnel and Administration 20,122 13,265 12,159 45,545 137,782 Water-Sewer Comb Services Contracts-MgrntServicer 25,794 25,794 30,611 82,199 309,533 Contracts-Generator Maim - - - - 1,750 Communication-Teleph-Fielc 943 273 274 1,490 4,270 Utility-Genera 6,670 6,680 6,695 20,044 86,000 R&M-Irrigation 203 - - 203 22,570 RAM-Lift Stator - 10,562 7,987 18,549 6,000 RAM-Potable Water Liner - - - - 6,000 R8M-Water Plant - 307 - 307 10,000 RAM-Waste Water Plan 40 83 (6,526) (6,403) 16,000 RAM-Sewer Lines - 27 - 27 6,000 RAM-Backilow Inspector - - - - 4,000 Misc-Licenses 8 Permits 1,000 - - 1,000 7,375 Cap Oulay-Waste Water Plan - - - - 80,798 Total Water-Sewer Comb Services 34,650 43,726 30041 117,416 540,294 Debt Service Principal Debt Retirement - - - - 551,529 Interest Expenae - 8,653 - 8,653 103,831 Total Debt Service - 8,653 8,653 655,360 Total Operating Expenses 54,772 65,644 51,200 171,614 1,333,436 Operating income(loss) $ (26,400) $ 351,654 $ 298,074 623,331 152327 Net Assets,Beginning(Oct 1,2016) 7,461,668 7,461,608 Not Assets,Ending $8,085,019 $7,614,015 Report Date: 1/4/2016 6 161 184 Agenda Page#20 Port of the Islands Community Improvement District Supporting Schedules December 31, 2015 161 1B4 ___ m ON) R O Nr 2% 8 728XmNm1- N 8 0 0 O OnmN88414)R O N c WW E o N m•g W O psm m O O 4 0 m U) In, N 4. 40000 0) m N 0 Imo r m N ON)N N _ ` �ww19O 1op�$o t0 r� `�N w w w Zr. 4 wwowu� rl�-.'N ,40 r Y ,-,,;a w w w w w w w w » M IS ISIS 8 w m 4.) w O) L us 0 0. CO V m a 0) 0 0 2R8888Rg518 5388 3M V§ ii N § ° § . . . 9.9. . 0 UU T U U n u 2 U n RI U n N N In Y J A N A 'A N m(44 ,- o, 1- O N 6 8 ei O N g E O O y 8a Q V .8 .8 U m 5 3 Un 5 M H N QN V L LL N Q tt0 N O p i7 Cn p n E ., o to E E c W w m wm m g c z F U C 4 O W y) }' 0)W L Z Z 0)Z W C G w 0)U'm V c i N r7i l O m tD(�(n N y E m LL(j q a Qt1 S E IY m o g m c E .5 . o E E E -+ .5 c o o d c w o p, o0) 000 E0) ..Ey-. -A tu- '0) o fa M J W 2 2. k a A dl N W H iA �) C ? W t (0 E`6 q 7 d W W �p W 10 t0 y J J LL id 'V"u2 ; N ; Vtlfa a a a O f a a U U S Q a a w O.U U K O w a O K K O a a a O •I, ,0 C N ID E w 0 co 0 • Z 0 toy r C (9 O y(0 y y CL •pr 7 z_ 0 y? » c c c c c ❑ z❑ wwww L UUUU y O o it w' U cowww (Z9 2ww�W a, w U 'U M -i t Y Z KZ > >>> t// LL N Z w W 0 0 0 U 0 W (� p Z 0) N Q d d g d d W W W W N twn tp n� m c7 ¢ � rr��¢ xzaZ� ��W� p E Q P Q Q x zzzz aEi azwWW W Wr x .' rw r 1- Z(0 mEmmE mice 0 . zi-i- 1 F�comwSww a¢4� d .1 Y) VI Ln �al zpo a��f� e a a .,0000000x00-- -0002 00000O0Oa W,„..zzz w0 a n0)- no ° �f .•� p a z Z22Zcex oo N fz N N N N N o W'OryF Kyyyy 0- t" i+ N N N N N ¢ O C.1 u .. .0 Owwwww <W LLzQ ' aN 224222 $ '3_ � zi - vp OC9 C7 (9 c7rc9 Jy�N�NNmO E E E E E �I! z E 'O t+ � 00000"OJw ?m.- .-U> r ] w m $ � $OaLL» » y C o�' zzzzztpizso ��= ozo-n Fi888 N0rnNto, ,zzzzz >cS to i o 0 ((COO (ry LII Y a0 U) W W 0 N .(V0) D In N M J J J J J pl p1 Y Y Y 0 Z O m m m W U) O O O N 8 w m O ¢ ¢ ¢ ¢ Z U) 2 O N U) U)U)= = 0 G - oopp a0 fp m m Z ti N m aD ctpp »- ›- >- ›- OO o N O op ep cp cp t N 0 0 0 0 0 - O 6 6 'N 0 0 0 2 Q Q Q Q Q ' N N F U) I O O R R 4d )- N N N N N 1 N N N 0 a a a a 0_ Ih M N tV C (0 (0 (0(0(0 (00)0)0) N N N U) W W W W W 00000 W W W W 0000 U W W W W 0)a _ 0000 CtIZMWIr Q w g w g W g W Cg W g .g g W a NN x . ... d N N N N N,. r W Fraa FFF W r -Fl-U U F FF F W W W W ? ,_ W w w 0 D W w w W W U w z M w 0 i i z i �' 0 0 0 0 0 0 W W d ' 0000 > O_O_ 0000 Esmmeem A'. mmmmm Q> > > > W U zzzzz�• HIA W W W W - O T z 0?W t00nN w w w w ?wFrwwFFwF-..w� W W __w {{-- FF..-- FF-- J FFFF.�FF. y Z z Z Z X m m Z m W W Z Z Z m to m Y J C W 7 y t W W W W W W O W W W W W d: N a ¢ W W W W W W W rrcx� mmoUaQ r�FMWrro w ¢ s ti ° QwQ 21 - imm , z 6rF-1- F- 1-0±.55Zzpj W r r 1-F C O J O W W UA.11-1- 1- 1- 1- 2XXX ¢ ¢ WDP0200 W W ECW o ¢ Q z z WogNaoza,§ za, za, W w w w W W J_O O w w O r w W W w 0 J W x m w W Z W W r w w W W J > > >> > J Z r r O J w a' > > > > W w J E m O J z J J d'> > >> 0 xINyycoopocO0U. IJatwnINN r -, 0 m z m u.OxNXXa (wnco W N Y . U) U) 11441 U/Ul 1) N N U) In I0 UI 1) I0 N U)N 10 U) Ul U) In U) W w W U)U) U)w 1010 U] U)U) co r " z N § § §aaa1 1 M III N s A H � �� c.c. V a c LL UN N N N N N N pp N N op Z v n D ^m co W N N N N 2 .0 333N 3M 3S3M a y a N S I I +) 4 S 333 I i RERRR ill W r W g• = i W 8 8 8 8 8 8 8 8 8 8 8 8 8 8 8 8 8 8 8 8 8 8 8 ; °e °)- IDaad °< nI cc 161 1B 4 _ p m �ipp _O�,,, m i0o aD O N.N-• N O t7.N a ..V a N . o E 4 Wii 00- 0Ci0)€Niiiiii i a WN Y N N„co csi,,,,,,w4 co M N N A N N N e A O co w x N WWWy N . iN0 Ol 0 a w — Ca z 0 A M M c a Q u °mi SS SS S E0 0 ) O °C W O < " n v� � " �n NM2 ,n 2 G 2 2 c so N. § oso s§ gAggrg .. �ii0 3 33IaSSI a LL 0 2p I 2 • U qq�� U a E z c v m m .Y ii ii.Y m m z g° 5 as �- 00 Eaa ' �2. . _w hi ;7, 0.0 „coins � b 4 W °- S w .GE r�" .00f €LL .�4 E € €a 3 3 a g 9 t«° E coo m LO.o °° .� mmo g m r -1 V , m g 5,5:2 ,c, ' 2 ” 01 °a i VI VIi 'LO U r FF g W 2 w IN octowsb � =s, al al.5 o o o o 8 o o .66m 0 Ua aRao_ a_50 W Z0m0000a ¢a' a+ C m N 0 E E • . Z 0 g CC a CO CO co L a O ❑Z .0 N 0 0 ❑ 't a o c rn z a 0 >�,s400 8 > zw S LLyZ CD w rnm y�i$ 4y a c 7i� s 0 OU' Mu1W �0 2.NpW `" ❑ mYt¢j Ey Q� m u ~ < � o z� a� �uaX W W iW ce 'Pe C °1?0 o ON W x _J5z0E-- w,. 0wZZ0 w2_ C 7 m E T _c >O y W� w J a u O J J a4 a =0 w e lie-. cz zowU Or?p r x0 am E w .o m woo ' D - - m 000-,g,000W a � o g O C KZ 0ti5 U' nan.- -hZ zr-ad rd VAw � F- `a1- os0ssaasa � aw 0 op. "'" m r w N w w ¢ N N N 0 m M g 0 a 1° > , Q ? w $w 0 > >r r E * Ng_3* �1 ooz? «zoos. O 41 X W z < 10 < < m0 N ^ S 0p Q Z O t ' 7 G 0 o c 8RM V ) )100 ,- G '- 0 N M _ _ C N N N, & O O O O O pN O O 4 0 r r N ) N- N N N N N r N N N N U O in 0 0 0 0 0 00000 W 0 0 0 0 0 W W W W W 0 0 0 0 0 0 00000 .F� > > > > >> > > >> > L R a w M a0 W W W W W W W W w W W 0. (n1- o Wwww AwWw w a <w N a a a a < a a a 0 0,0 errrrr rrrrr w z z z z z z Z Z Z Z Z J w Q Up -0 0 0 0 0 W W W W W m O W Z7 ZoZ2ZZZ ZZZZZ i. 0 NON (j 00000 00000 i X a 5 z , ...(1) 5 5 5 5 5 5 5 X a r 25 -i r z 55555 zz >S> U Z Z Z Z Z Z Z Z Z Z w w a w o w w W w w w w w w w Z o w z Z w }w w z z z z z Z Z 1- 1--- I-1-1-Z J 0UZ Wa' O r1- Ewwww I-JJ F-K F-R'R' O 0 r - z z 1-r r r r y y r r r r r = N z < pIy z z z z z et W z z z z z F-5 71 7 x 0 0 0 R a' W a'a'p 7 K K K U- a' a0 zd ww_,O W WW U- WWu77W wwwww 000 W M I T .J a 000000000000 Y 000000 0 0 0 O 0 M M N N N N 0 0 N 0 ma a �= -- -aaaaaaaaaaaaga O r N N N N N N N N N N O 0 N N N N N a a a a a a a a a a N Q Y ild N M a N N S A S ' M g REERRI RRI affiff m0 a E .z° °a aaa vv 0v vv vv vv °a as °v as °a as °a°v °a °a °a °a °a CC fu 161 1 B4 PORT OF THE ISLANDS Agenda Page#23 Community Improvement District Non-Ad Valorem Special Assessments Collier County Tax Collector-Monthly Collection Report For the Fiscal Year ending September 2016 ALLOCATION BY FUND DISCOUNT/ GROSS DATE NET AMOUNT IPENALTIES) COLLECTION AMOUNT GENERAL WATER/SEWER RECEIVED RECEIVED AMOUNT COSTS RECEIVED FUND FUND Assessments Levied FY 2016" $ 1,230,319 $ 323,431 $ 906,888 Allocation% 100% 26% 74% 10/27/15 $ 12,629 $ 717 $ 258 $ 13,604 $ 3,576 $ 10,027 11/16/15 $ 121,527 $ 5,167 $ 2,480 $ 129,174 $ 33,958 $ 95,216 11/30/15 $ 405,451 $ 17,240 $ 8,275 $ 430,966 $ 113,294 $ 317,672 12/14/15 $ 396,316 $ 16,691 $ 8,088 $ 421,096 $ 110,699 $ 310,396 12/31/15 $ 41,001 $ 1,309 $ 837 $ 43,147 $ 11,343 $ 31,804 TOTAL $ 976,925 $ 41,123 $ 19,937 $ 1,037,988 $ 272,870 $ 765,116 %Collected 84.37% 84.37% 84.37% TOTAL OUTSTANDING $ 192,334 I$ 50,561 I$ 141,772 Year Parcel ID Description Amount Comments FY 2010 1058920500 POI Hotel 119,627 bankruptcy FY 2011 1058920500 POI Hotel 119,627 bankruptcy FY 2012 1058920500 P01 Hotel 119,638 bankruptcy FY 2013 1058920500 POI Hotel 119,638 bankruptcy FY 2014 1058920500 POI Hotel 119,637 bankruptcy FY 2014 1058920005 POI Realty LLC 268,677 FY 2015 various Lake Huron,LLC 33,753 Total Delinquent Parcels-Tax Collector 900,597 FY 2015 1058920500 P01 Hotel 119,746 bankruptcy FY 2015 1058920513 Marando,Dominic 6,761 FY 2015 1058920005 POI Realty LLC 268,658 Total Delinquent Parcels-Direct Billed 395,165 Total Current Parcels-Direct Billed 466,002 TOTAL DELINQUENT/OUTSTANDING 1,954,098 Note": Lake Huron,LLC parcels were direct billed subsequent to budget adoption, Report Date:1/4/2016 9 161 184 PORT OF THE ISLANDS Agenda Page#24 Community Improvement District Series 2010 Special Assessment Revenue Bond 1.Recap of Capital Project Fund Activity Through December 31,2015 Bond Issued(Construction Account) $ 5,500,000 Source of Funds:Interest Earned $ 8,613 Use of Funds: COI $ (42,700) COI(costs transferred to checking account) $ (5,000) Disbursements: Water Treatment Plant $ (5,333,694) Disbursements: Lift Station Rehab $ (102,040) $ (5,483,433) Adjusted Balance in Construction Account December 31,2015 $ 25,180 2.Funds Available For Construction at December 31,2015 Book Balance of Construction Account at December 31,2015 $ 25,180 Construction Funds available at December 31,2015 $ 25,180 3.Investments-BBBT at December 31,2015 Estimated Type Yield Principal Construction Fund: 0.12% $ 25,180 ADJ:Outstanding Amounts Due $ - Balance at December 31,2015 $ 25,180 4. General Bond Information Issued: 2010 Matures: 2020 Bond Interest Rate: 3.51% FY 2016 budgeted bond payment as%of gross assessments(water/sewer fund): 52% NOTE: The November statement was not available as of this report date. Report Date:1/4/2016 10 161 164 PORT OF THE ISLANDS Agenda Page#25 Community Improvement District Construction Schedule AMOUNT OF CAPITAL WATER TREATMENT LIFT STATION REQ.0 DATE I CONTRACTOR REQUISITION OUTLAY COI PLANT REHAB COI 10/20/10 Greenberg Traurig $ 10,000 $ - $ 10,000 $ - $ - COI 10/20/10 BB&T 2,700 2,700 COI 10/20/10 Severn Trent Management Svcs 15,000 15,000 COI 11/02/10 Dan Cox 15,000 15,000 1 11/09/10 Port of the Islands CID(reimb) 321,537 321,537 321,537 2 11/18/10 South Florida Excavation 26,504 26,504 26,504 3 11/24/10 Naples Daily News 151 151 151 4 01/04/11 Century Link 26,311 26,311 26,311 5 12/16/10 South Florida Excavation 18,009 18,009 18,009 6 02/01/11 Hole Montes 2,561 2,581 2,581 7 02/01/11 Hole Montes 16,200 16,200 16,200 8 02/01/11 Hole Montes 13,207 • 13,207 13,207 9 02/10/11 Benchmark EnviroAnalytical,Inc. 1,019 1,019 1,019 10 02/17/11 Hole Montes 1,983 1,983 1,983 11 03/07/11 Hole Montes 6,250 6,250 6,250 12 03/16/11 South Florida Excavation 12,762 12,782 12,762 13 03/29/11 Cardinal Contractors 27,000 27,000 27,000 14 04/06/11 Hole Montes 13,850 13,850 13,850 15 05/05/11 South Florida Excavation 18,587 18,587 18,587 16 05/16/11 Cardinal Contractors 95,029 95,029 95,029 17 05/19/11 Hole Montes 39,585 39,565 39,585 18 06/14/11 KW Controls 1,039 1,039 1,039 19 06/14/11 Cardinal Contractors 196,572 196,572 196,572 20 07/06/11 Hole Montes 19,575 19,575 19,575 21 07/22/11 Cardinal Contractors 170,192 170,192 170,192 22 07/27/11 Hole Montes 22,325 22,325 22,325 23 08/19/11 Cardinal Contractors 156,353 156,353 158,353 24 08/30/11 Hole Montes 19,700 19,700 19,700 25 09/18/11 South Florida Excavation 8,971 6,971 6,971 26 09/16/11 South Florida Excavation 4,602 4,602 4,602 27 09/16/11 Cardinal Contractors 278,893 278,893 278,893 28 09/27/11 Michael Evans Computers 3,255 3,255 3,255 29 10/17/11 Cardinal Contractors 85,416 65,416 85,416 30 11/03/11 Hole Montes 833 833 833 31 11/03/11 Hole Montes 43,975 43,975 43,975 33 11/23/11 KW Controls 24,337 24,337 24,337 Total FY 2011 $ 1,717,261 $ 1,674,561 $ 42,700 $ 1,674,561 $ - I 32 11/14/11 Cardinal Contractors $ 266,314 $ 266,314 $ - $ 266,314 34 12/15/11 South Florida Excavation 4,602 4,602 4,602 35 12/15/11 BC!Technologies 7,121 7,121 7,121 38 12/15/11 ITT Water Equipment Tech 588,767 588,787 588,787 37 12/16/11 Cardinal Contractors 647,523 647,523 647,523 38 12/30/11 Hole Montes 43,673 43,673 43,673 39 01/24/12 Hole Montes 25,610 25,610 25,610 40 01/24/12 Cardinal Contractors 174,823 174,823 174,823 41 01/30/12 KW Controls 73,011 73,011 73,011 42 02/24/12 Cardinal Contractors 240,416 240,418 240,416 43 03/15/12 Cardinal Contractors 246,740 246,740 246,740 44 04/05/12 Hole Montes 48,232 48,232 48,232 45 04/23/12 Cardinal Contractors 89,577 89,577 89,577 46 05/09/12 ITT Water Equipment Tech 30,578 30,578 30,578 47 05/16/12 Cardinal Contractors 82,629 62,829 62,629 48 05/17/12 KW Controls 12,169 12,169 12,169 49 08/12/12 Hole Montes 65,277 65,277 65,277 50 06/12/12 Severn Trent Environmental Svcs 9,027 9,027 9,027 Report Date:1/4/2016 11 161 184 PORT OF THE ISLANDS Agenda Page#26 Community Improvement District Construction Schedule AMOUNT OF CAPITAL WATER TREATMENT LIFT STATION REQ.A DATE CONTRACTOR I REQUISITION OUTLAY COI PLANT REHAB 51 06/12/12 BCI Technologies 20,000 20,000 20,000 52 06/13/12 Cardinal Contractors 207,112 207,112 207,112 53 06/29/12 Soto's Lawn Service,Inc. 19,680 19,680 19,680 54 07/18/12 Cardinal Contractors 13,633 13,633 13,633 55 07/25/12 W.E.Johnson Equipment 33,088 33,088 33,088 56 08/03/12 Hole Monies 49,982 49,982 49,982 57 09/04/12 Severn Trent Environmental Svcs 3,045 3,045 3,045 58 09/04/12 Cardinal Contractors 195,290 195,290 195,290 59 09/19/12 Hole Montes 21,350 21,350 21,350 60 09/19/12 BC!Technologies 33,279 33,279 33,279 81 09/19/12 Cardinal Contractors 52,400 52,400 52,400 I Total FY 2012 $ 3,282,946 $ 3,282,946 $ - $ 3,282,946 $ - I 62 10/16/12 RMA Geological Consultants $ 5,990 $ 5,990 $ - $ 5,990 63 10/16/12 Cardinal Contractors 151,859 151,859 151,B59 64 11/01/12 Hole Montes 10,027 10,027 10,027 85 12/11/12 Severn Trent 48,587 48,567 48,587 68 01/09/13 RMA Geological Consultants 9,170 9,170 9,170 67 01/17/13 Hole Montes 8,138 8,138 8,138 88 01/17/13 RMA Geological Consultants 16,748 16,746 16,748 69 01/17/13 Severn Trent 1,569 1,569 1,569 70 02/05/13 Cardinal Contractors 28,705 28,705 26,705 71 02/05/13 KW Controls 12,189 12,169 12,189 72 02/05/13 Hole Montes 2,533 2,533 2,533 73 02/21/13 KW Controls 12,169 12,169 12,169 74 04/23/13 RMA Geological Consultants 1,600 1,600 1,600 75 10/11/13 Xylem 43,747 43,747 43,747 78 02/25/14 Xylem 25,200 25,200 25,200 Total FY 2013 $ 376,187 $ 376,187 $ - $ 376,187 $ - I I Total FY 2014 $ - $ - $ - $ - $ - I 77 02/11/15 Fortiline $ 8,700 $ 8,700 78 03/04/15 Fortiline 148 148 79 03/04/15 Ferguson 319 319 80 03/28/15 Severn Trent 9,596 9,596 81 04/08/15 KW Controls 5,346 5,346 82 04/08/15 Gulf States Electric 5,240 5,240 83 04/08/15 Gulf States Electric 6,770 6,770 84 04/08/15 Xylem 1,964 1,964 85 04/08/15 Xylem 697 697 86 04/17/15 KW Controls 5,346 5,346 87 04/17/15 KW Controls 5,348 5,348 88 04/17/15 KW Controls 2,180 2,180 89 04/17/15 Severn Trent 12,965 12,965 90 04/29/15 KW Controls 5,346 5,348 91 04/29/15 KW Controls 32,076 32,076 I Total FY 2015 $ 102,040 $ - $ - $ - $ 102,040 I I Grand Total $ 5,478,433 $ 5,333,694 $ 42,700 $ 5,333,694 $ 102,040 I Interest FY 2011 Interest $ 5,744 FY 2012 Interest 2,291 FY 2013 Interest 303 FY 2014 Interest 173 FY 2015 Interest 98 FY 2016 Interest 3 $ 8,613 Report Date:1/4/2016 12 161 1 lit PORT OF THE ISLANDS Agenda Page#27 Community Improvement District All Funds Capital Improvement Program-Status Report Updated thru 12/31/15 ROADS PROGRAM Project No. PAID FY 2018 FY 2018 PAID IN FY PROJECT Project Name or Description Budget 10 ESTIMATEI'1 2018 INCEPTION TO FY 2017 FY 2018 FY 2019 FY 2020 STATUS DATE R-3 Read resurfedii$,Stella Merle and rest d r--•aye 4=',,,:-:.,' ' .i t •, $ $ -., C y L '4,„/J126,0001 , R-4 .Rdad're$urfacinf UnlonRoad from 414,Paving S S' c --- S ., $ ,, $ $,. 14 $ .125 0oD ^Total R o a d s P1egn1D W �_--,.,. - $...'„ .j V,:.,-. s - $ $ :. ...., $...,,� $T.,.:_ L.';Z00 900. »` ., ,.. MOEN Total General Fund)$ -1$ -1$ -I$ -I 8 -I$ -1$ -I$ 250,000 IRRIGATION PROGRAM PROJECT FY 2018 FY 2018 PAID IN FY PAID PROJECT nr NO. PROJECT NAME OR DESCRIPTION 1 r INCEPTION TO FY 2017 FY 2018 FY 2019 FY 2020 Budget ESTIMATE' 2018 DATE In STATUS I-13 Replace wet pump/motor $ - $ - $ - $ - $ 15,000 $ - $ - $ - 1-14 Upgrade irrigation system $ - $ - $ - $ - $ - $ 40,000 $ - $ - Total lniga8on Program $ - $ $ - $ - $ 18,000 $ 40,000 $ - $ - WATER PROGRAM W-19 Video surveillance and monitoring $ 10,000 $ 10,000 $ - $ - $ - $ - $ - ST project W-22 Fire hydrant repair and replacement $ - $ - $ 3,090 $ - $ - $ - $ - ST project W-24 Replace well pump/motor $ - $ - $ - $ - $ 15000 $ - $ - $ - W-25 Replace water plant membrane S - $ - $ - $ - $ 70000 $ - $ - $ - W-26 Raw water line $ - $ - $ • $ - $ - $ - $ - $ 700,000 W-27 Finished water line $ - $ $ - $ - $ - $ - $ - $ 300,000 Total Water Program $ 10,000 $ 10,000 $ - $ 3,090 $ 85,000 $ - $ - $1,000,000 WASTEWATER PROGRAM ST combined WW-23 SCADA and control panel for lift stations $ 30,798 $ 30,796 $ - $ 77,137 $ 30,796 $ 30.796 $ - $ - wIWW-26 WW-24 MBR Membranes $ 20,000 5 20,000 $ - $ - 5 80,000 $ - $ - $ - ST WW-25 Misc.Equipment Replacement $ - $ • $ - $ - $ - $ - S - $ .- WW-27 Lift station upgrade $ - S - $ - $ - $ 80,000 $ 80,000 $ 80,000 $ 80,000 WW-28 Lift station pump replacement $ - $ - $ - $ - S 15,000_$ 15,000 $ 15,1100 $ 15,000 WW-29 Replace 1 blower for process control $ - S - $ - $ - $ 20,000 $ - $ - S - Total Wastewater Program $ 50,798 $ 50,796 $ - $ 77,137 $ 205,795 $ 125,798 $ 95,000 5 95,000 'E :I ]lIMI11111113 E ,szti liArlti;:>t MiLi1ti j UL/1r-1111 ir,ll NOTE(tr:The amounts shown in the'FY 2018 ESTIMATE'columns reflect the most recent approximation of what the District expects to spend on each project between October 1, 2015 and September 30,2016. NOTE(2):The amounts shown in the'PAID IN FY 2016'column reflects project expenses Incurred between October 1.2015 and September 30,2016.The total of these columns will tie to the amounts reported as'Year to Date Actual-Capital Outlay'In the corresponding monthly flnanclal statements. NOTE 13);The'PAID INCEPTION TO DATE'columns reflect any payments made between FY 2006 and present. Repnrt Rate:1/4/2016 13 161 1 B4 PORT OF THE ISLANDS Agenda Page#28 Community Improvement District All Funds Capital Improvement Program-Status Report Completed Projects I Project No.I Project Name or Description I Project Total I Completion I Comments Date G-1 Collier County Zoning/Fire Station Property $ 22,324 F.;;;;-;;:r,44/„.1/213091 e Cmpleted in FY 2010 1 G-2 Sign Variance Petition-Union Road $ 42,683 "f:l,fl/2009 Completed in FY 2011 RI&2 IRoad resurfacing and repair I$ 473,138 1 s$t30/2QS a Completed in FY 2007 I-1 Ingetion&Fire Control Panel Upgrade $ 54,621 ;,'>7,i1:9193/201158 Completed in FY 2008 I-2 Imgation Supply Well Project $ 34,785 446l14$113o$ Completed in FY 2009 1-3 Wellfield Mechanical Upgrades S 218,732 r.,„:"7:,.1613/920159 Completed in FY 2009 1-4 3rd well to provide irrigation water supply $ 287,793 .k."21473112010 Completed in FY 2010 1-5 Wellfield SCADA $ 27,587 _1 4 2 ii Completed in FY 2010 I-8 Electrical Upgrades for Wellaeld and W WTP Generator $ 247 388 f P2rt%284¢�i1 Completed in FY 2010 1-7 Canal PS Modifications $ 4,269 �7,T231.2 Completed in FY 2010 1-10 Wellhead Retrofitting 8 11,615 414I95/$0/201-2 Completed in FY 2012 I-11 Well Monitoring S 18 746 K- 3 Completed in FY 2013 1-12 Pump Retrafling $ 10,770 1,141,1,Z9.60101.4 Completed in FY 2013 W-2 Water Treatment Plant-replace transfer pumps $ 9 887 J � Completed in FY 2008 W-4 Water Treatment Plant-repairs to building(roof,doors,windows,painting) $ 14,050 Ir.4Wi1 Completed in FY 2008 W-5 Water Treatment Plant-replace metal launders and walkways on softening unit&other repairs $ 56 877 '1`1 Completed in FY 2009 W-6 Water Treatment Plant-replace gaseous Chem storage/feed sys(chlorine)w/liquid them(bleach) $ 36 088 9/3D12319d Completed in FY 2009 ha m W-7 Water Treatment Plant-air condition room that hoee compliance monitoring equipment $ 3901 `Completed in FY 2008 W-13 Water Treatment Plant-design new WTP $ 488,844 iT `. .8 Completed in FY 2011 W-14A Water Treatment Plant-New Construction $ 4,409,326 d Completed in FY 2014 W-1413 Water Treatment Plant-Inspection of new construction $ 440,894 r S9fo 2013 Completed in FY 2013 W-15 Water Treatment Plant-New meter replacement program(with backflow prevention) S 257514 a% Completed in FY 2013 W-17 SCADA $ 223093 v r,9' Completed in FY 2009 W-23 Stomrveter Rention Ponds $ 110,7713 1 t Completed in FY 2011/2012 W-23a Disinfection Conversion-free chlorine to chloramines $ 11,427 l'..:,,tf;.131113i341,1pli Completed in FY 2009 WW-5 Westewater Treatment Plant-two new mixers $ 18,810 ;-1 940�e1 13 8 0 8 Completed in FY 2008 WW-8 Wastewater Treatment Plant-add second reuse pump $ 111,073 4 /3 Completed in FY 2008 Wastewater Treatment Plant-replace gaseous diem storage/feed systems(chlorine and sulfur dioxide)w/liquid c4 ,, Yx� WW-10 them(bleach and sodium thiosulfate) 8 36.088 If-Aa, 1 Completed in FY 2009 WW-13A Reuse Storage Tank S 565.200 1. ,9 Completed in FY 2010 .,. W W-1313 Automation of reuse water system and supplemental water $ 55,358 w., 8 Completed In FY 2010 'MN-is DynaLift MBR Membrane System $ 1,112,360 Y - /2i Completed in FY 2011 WW-19 Electrical service upgrades at WWTP $ 231,100 iu:'9f30/3AU9 Completed in FY 2009 NPN-20 New W WTP Generator $ 110,776 `z''? 9!30120 ib Completed in FY 2009 WW-23 SCADA and control panel for lift stations $ 77.137 z<r.,913t1124 4 Completed in FY 2014 Report Bate:1/4/2016 14 161 164 PORT OF THE ISLANDS Agenda Page#29 Community Improvement District General Fund Cash Flow Projections JAN FEB MAR APR MAY JUN JUL AUG SEP 2016 2016 2016 2016 2016 2016 2016 2016 2018 Cash Beginning Balance $ 393,601 $ 984,015 $ 960,138 $ 938010 $ 913,876 $ 882,448 $ 651,021 $ 817,586 S 785,634 Cash Inflow 10,552 10,552 10,552 10,552 139 139 139 139 139 Cash Outflow (36,436) (34,429) (32,679) (34,686) (31,566) (31,566) (33,573) (32,091) (31,566) CD Investment - - - - - - - - - Add:Prepaid Items 2,007 - - - - - - - - Add: Due from WS Fund 616,875 - - - - - - - - Less:Current Liabilities(as of 12/31/15; (2,583) - - - - - - - - Total Estimated Cash Balance WITHOUT past due assessments or FY 2016 direct billing $ 984,015 $ 960,138 $ 938,010 $ 913,876 $ 882,448 8 851,021 $ 817,586 $ 785,834 $ 764 207 Total Estimated Cash Balance WITH pest due assessments and FY 2016 direct balling $1,428,733 81,404,856 $1,382,728 $1,368,694 $ 1,327,166 $1,296,739 $1,262,304 $ 1,230,352 $1,198,925 Cash Receipts Special Assessments $ 12,640 $ 12,640 $ 12,640 $ 12,640 $ - $ - $ - $ - $ - Special Assessments-Discount (2227) (2,227) (2,227) (2,227) - - - - - Interest 139 139 139 139 139 139 139 139 139 Total Cash Inflow $ 10,552 $ 10,552 $ 10,662 $ 10,662 $ 139 $ 139 $ 139 $ 139 $ 139 Operating Expenditures Administrative P/R-Board of Supervisors $ 500 $ 500 $ 500 $ 500 $ 500 $ 500 $ 500 $ 1,000 $ 500 FICA Taxes 45 45 45 45 45 45 45 45 45 ProfServ-Engineering 1,583 1,583 1,583 1,583 1,583 1,583 1,583 1,583 1,583 ProfServ-Legal Services 1,666 1,668 1,666 1,666 1,666 1,666 1,666 1,666 1,666 ProfServ-Mgmt Consulting Sery 2,583 2,583 2,583 2.583 2,583 2,583 2,583 2,583 2.583 ProfServ-Property Appraiser - - - - - - - - - ProfServ-Special Assessment - - - - - - - - - Annual Audit 1,750 1,750 - - - - - - - Postage and Freight 50 50 50 50 50 50 50 50 50 Rental-Meeting Room 25 25 25 25 25 25 25 50 25 Insurance-General Liability 2,007 - - 2,007 - - 2,007 - - Printing&Binding 50 50 50 50 50 50 50 50 50 Legal Advertising 83 83 83 83 83 83 83 83 83 Miscellaneous Services 115 115 115 115 115 115 115 115 115 Misc:Assessmnt Collection Cost 1,113 1,113 1,113 1,113 - - - - - Misc.-Web Hosting 83 83 83 83 83 83 83 83 83 Office Supplies 29 29 29 29 29 29 29 29 29 Annual District Filing Fee - - - - - - - - - Total Administrative $ 11,882 $ 9,675 $ 7,925 $ 9,932 $ 6,812 $ 6,812 $ 8,819 5 7,337 $ 6,812 Maintenance Contracts-Mgmt Services $ 8,333 $ 8,333 $ 8,333 $ 8,333 $ 8,333 $ 8,333 $ 8,333 $ 8,333 $ 8,333 Contracts-Landscape 6,902 8,902 8,902 6,902 6,902 6,902 6,902 6,902 6,902 Electricity-Streellighting 1,500 1,500 1,500 1,500 1,500 1,500 1,500 1,500 1,500 Utility-Irrigation 1,417 1,417 1,417 1,417 1,417 1,417 1,417 1,417 1,417 R&M-Renewal&Replacement 5,833 5,833 5,833 5,833 5,833 5,833 5,833 5,833 5,833 R&M-Roads and Alleyways 685 685 685 685 685 685 685 685 685 R&M-Signage 83 83 83 63 83 83 83 83 83 Total Maintenance $ 24,754 $ 24,754 $ 24.754 $ 24,754 $ 24,754 $ 24,754 $ 24,754 $ 24,754 $ 24,754 Total Cash Outflow $ 36,436 $ 34,429 $ 32,679 $ 34,686 $ 31,566 $ 31,666 $ 33,573 $ 32,091 $ 31,666 Report Date:1/4/2016 15 161 1B4 PORT OF THE ISLANDS Agenda Page#30 Community Improvement District Water and Sewer Fund Cash Flow Projections JAN FEB MAR APR MAY JUN JUL AUG SEP 2016 2018 2018 2016 2018 2016 2016 2016 2016 Cash Beginning Balance $ 759719 $ 127,961 $ 133,938 $ 141,685 $ (478,074) $ (497,072) 9 (516,069) 5 (557,339) $ (578,661) Cash Inflow 58,899 56,899 58,899 58,899 27,062 27,082 27,082 27002 27,082 Cash Outflow-Expenses (73,195) (50,922) (49172) (676639) (48,059) (48,059) (68,331) (46.584) (48.059) Add:Prepaid Items 2,007 - - - - - - - Less:Cue to General Fund (618,975) - - - - - - Less:Current Liabilities(as of 12/31/15) (595) - - - - - - - - Totai Estimated Cash Balance WITHOUT past due assessments or FY 2015/FY 2016 direct billing $ 127,961 $ 133,938 $ 141,665 $ (478,074) $ (497,072) $ (516,089) $ (557,339) $ (576,861) $ (595,858) Total Estimated Cash Balance WITH past due assessments and FY 2018 direct billing $1,445,402 $1,451,379 $ 1,459,106 $ 839,367 $ 820,369 $ 601,372 $ 780,102 $ 740,580 $ 721,583 Cash Rsceiots Special Assessments-Tax Collector $ 35,443 $ 35,443 $ 35,443 $ 35,443 $ • $ - $ • $ - $ - Special Assessments-Discoing (5,605) (5,605) (5,605) (5606) - - - - - Water/Sewer/Irrgation Revenue 27,038 27,038 27,038 27,038 27,030 27,038 27,038 27,038 27,038 Inlerest/Miscelaneous 24 24 24 24 24 24 24 24 24 Total Cash Billow $ 56,899 $ 58,899 $ 56,899 3_ 58,899 $ 27,062 $ 27,062 $ 27,002 $ 27,062 5 27,062 0peratina Expenditures • Administrative PIR-Board of Supervisors $ 500 $ 500 $ 500 $ 500 $ 500 $ 500 S 500 $ 1,000 5 500 FICA Taxes 45 45 45 45 45 45 45 45 45 ProServ-Engineering 1,583 1,583 1,583 1,583 1,583 1,583 1,583 1,583 1,583 ProServ-Legal Services 1,866 1,668 1,666 1,866 1,888 1,888 1666 1,886 1,858 ProfSery-Mgmt Consulting Sery 2,594 2,594 2,594 2,594 2,594 2,594 2,594 2,594 2,594 ProfServ-Properly Appraiser - - - - • - - - ProServ-Special Assessments - - - - - - Annual Audit 1,750 1,750 - - - - - Postage and Freight 58 58 58 58 58 58 58 58 58 Rental-Meeting Room 25 25 25 25 25 25 25 50 25 Insurance-General Liability 2,007 - - 2,007 - - 2,007 - - Printing&Binding 50 50 50 50 50 50 50 50 50 Legal Advertising 83 83 83 83 63 83 83 83 83 Miscellaneous Services 217 217 217 217 217 217 217 217 217 MSC:Assessmnl Collection Cost 3,113 3,113 3,113 3,113 - - - - - Office Supplies 42 42 42 42 42 42 42 42 42 Total Administrative $ 13,732 $ 11,725 $ 9,975 $ 11,982 $ 6,862 5 6,882 $ 8,069 5 7,387 S 6852 Maintenance Contracts-Mgmt Services $ 25,794 $ 26,794 $ 25,794 $ 25,794 $ 25,794 $ 25,794 S 25,794 $ 25,794 $ 25,794 Contracts-Generator Maint - - - 1,750 - - - - - Communicalion-Teleph-Field 356 350 358 358 358 358 356 358 358 Utility-General 7,187 7,187 7,167 7,187 7,167 7,167 7,187 7,167 7,107 R&M-Ingation 1,880 1,860 1,880 1,580 1,880 1,880 1,880 1,880 1,850 R&M-Lift Station 500 500 500 500 500 500 500 500 500 R&M-Potable Water Lines 500 500 500 500 500 500 500 500 500 R&M-Water Plant 833 833 833 833 833 833 833 833 833 R&M-Waste Water Plant 1,333 1,333 1,333 1,333 1,333 1,333 1,333 1,333 1,333 R&M-Sewer Linea 500 500 500 500 500 500 500 500 500 R&M-Backflow Inspection 333 333 333 333 333 333 333 333 333 MIsC.-Licenses&Permits - - - - - - - GIP' 20,265 - - 20,285 - 20,285 - - Total Maintenance $ 59,483 5 39,197 $ 39,197 $ 61,213 $ 39,197 $ 39197 $ 59.483 $ 39,197 $ 39.197 Debt Service Principal and Interest $ - $ - $ - $ 803,444 $ - $ - $ • 3 - $ - Total Debt Service $ • $ - $ - $ 603,444 $ - $ - $ - 5 - $ - Total Cash Outflow $ 73,195 $ 50,922 $ 49,172 $ 876,639 $ 46,059 S 48,059 $ 66,331 5 46,5U $ 48,059 NOTES' Estimated CIP costs for anticipated projects are shown quarterly. Report Date:1/4/2016 16 161 1 B4 PORT OF THE ISLANDS Agenda Page#31 Community Improvement District All Funds Cash Flow Projections-5 Year GENERAL FUND ADOPTED PROPOSED PROPOSED PROPOSED PROPOSED FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 Operating Revenues Assessments(Net) $413,373 $413,373 $413,373 $413,373 $413,373 Interest/Miscellaneous $2,153 $2,153 $2,153 $2,153 $2,153 Total Operating Revenues $415,526 $415,526 $415,526 $415,528 $415,526 Operating Expenditures Administrative $121,898 $125,347 $129,107 $132,981 $136,970 Maintenance $293,830 $302,645 $311,724 $321,076 $330,708 Total Operating Expenditures $416,526 $427,992 $440,832 $454,056 $467,678 Capital Expenditures CIP Projects $0 $0 $0 $0 $0 Total Capital Expenditures $0 $0 $0 $0 $0 Estimated Ending Cash Balance WITHOUT pest due assessments or FY 2016 direct billing $ 754,207 $728,901 $890,371 $638,218 Estimated Ending Cash Balance WI I past due assessments and FY 2016 direct billing $ 1,198,925 $1,173,619 $1,135,089 $1,082,936 WATER AND SEWER ENTERPRISE FUND ADOPTED PROPOSED PROPOSED PROPOSED PROPOSED FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 Operating Revenues Assessments(Net) $1,093,920 $1,093,920 $1,093,920 $1,093,920 $1,093,920 Water/Sewer/Irrigation Revenue $245,800 $245,800 $245,800 $245,800 $245,800 Interest/Miscellaneous $285 $285 $285 $285 $285 Total Operating Revenues $1,340,005 $1,340,005 $1,340,005 $1,340,006 $1,340,006 Operating Expenditures Administrative $145,237 $145,237 $145,237 $145,237 $145,237 Maintenance $480,170 $480,170 $480,170 $480,170 $480,170 Total Operating Expenditures $625,407 $625,407 $625,407 $626,407 $626,407 Capital Expenditures CIP Projects $50,796 $305,796 $165,796 $95,000 $1,095,000 Total Capital Expenditures $50,796 $305,796 $165,798 $96,000 $1,095,000 Debt Service Principal and Interest $655,360 $655,360 $655,360 $655,360 $655,360 Total Debt Service $655,360 $655,360 $655,360 $655,360 $665,360 Estimated Ending Cash Balance WITHOUT past due assessments or FY 2016 direct tilling $ (595,858) ($702,416) ($738,177) ($1,773,938) Estimated Ending Cash Balance WITH past due assessments and FY FY 2016 direct billing $ 721,583 $615,025 $579,264 ($456,497) NOTE The above calculations assume 100%of assessments(including direct billing)will be received in FY 2017- 2020. Report Date:1/4/2016 17 161 1B4 , , r Or Or NN HI On00 0 10 MO In 01 HIN'n C- E-I 1 'O'''r ON d'r d' 0)C.-0 W •V'0 d' 'O r- ,1 10 10 W cC oa nm ao ov n o ro w H O O d'.--I l O u O r N M I n N O Cn 00 NN dl H N CV N ON N 4l rn H 0- . . in.urV> 0- _v} (7 al a' Ct c V'• 4 0_ V}VT VT H N N (1 A V} VI- 0- HC ^AN W c„, 44 000 0000 0 000 O 00 0 0000 O CO 0000 O O O O 0 O O 0 ,H a H a' M-VI-0)0- 0- PI Vf V} CO M.VI- V) D H 0 0 0 a rn O P4 W • O O 0 0 0 0 0 O 0 0 0 O 0 0 O O o o CD 0 CC 0 0 0 0 0 0 0 0 0 0 0 0 H 0 VT in.VT V? VT VT V}VT V} Ch 1/} co- 4 U O H O 4 ,_ CO 0 a 000 0000 0 000 0 00 0 0000 0 4 0 0 0 0 0 0 0 0 0 0 0 0 W 4 0>0)0)VT VT 01-V}V} UT 01-V) 01- H H H P4 O am W M (:4 >■ 01 H M Q 1 1 H H 2 >1 N ON 0-100 .-1 0M0 M 000 CO N o O N 4 H H O N 0 o in ON o r d'co •a• H H H 41 4 H • . . . E x m u}rn v).u} d• (I> 'ur <' r 1/1- r U C-I I-i r r O O M M Co H r-1 N N N N Cu Cu I (C- V} >100 1.1 V' C' V' V' 4 H VT V} U} or Z H H .-1 Haa 0 zoo Z 000 Z N N 4 0 000 0 0 0 0 O 000 co O O O 0000 O a' S 00 00 0 000 O 00 O H Cl) U VT V,in-M V} in-in.V} VT V}VT V? >a a a 4 41 3 a Z CO S 0 Cl) 0 U U a W H Q.' 3 I 4 0 44 'n O I n O l O N N O CA O O CA r 0 r r,A N (1 N - 0 In H l0 O r V'r 01 in O O V. 01 0 01 to 10 H l0 l0 10 kO H m O 01 Lf1 0o M O co-to ('1 01 0 01 Z CO ON d'HI 01 10 r N 01 u1 V' W W M IO N N r '-I N �■ r N O O a Vr _ V1- ur _ur H 0 1.0 l0 V' In al O Cl] 1:4 V}Vt V? H H N 4 Pt Vt V} VI- 4 41 a N W w w O H ••wCO ary' U2' .. W m m Q H Z IH-I D '4 H MM i0 ^✓E D m 410 .`!. W 2 FE. •• Hu1 m 1-100 OZOO OZO W ZZ m •• I '-I H F40 L1.04 •• 4OLY X W W H 0 4 1-1 I 2 OZO ') W H m m 0 •• 0)I-10 H Z 2 W 4 •• ON D a'H0 H 0HOD W Cl) H a >'>' W H I-I Cl) 1 H O r4 a; 4 H 0<0 D FCC Z 2 0 4 ,-1 U 000 O 0(300 4 2 00 h •• 00 >i H 4 Cl a o •• 0 <<< 41 HW4 H w 4HCal 0 0 < a 4 41 2 H C) r.0 HH E. CD Ha3H W Z FC0H 0 H C4 E, a a f.0 0 D w ••O 000 z 1)1(00 H x44 Z 4H 0a k1 Cr]H I H H F H 3 H CO 3 4 Cl) O H H 4 w 4 m 4 m 01-100 a H a I I I a -.---- Cl 'C -- Cl Z DO Cl a 2 0-0 a s Cl <W 0 £00 4 aD00 H I"7 0)D U H ?+ C70 H 4 -- H 004 0 000 H C]HC/1"3 0 0 UH4 0 Cl w W o H ^w4a 0 43 w w w m ----- H Cl ---`" H 114 a 0 H Cl) ------ - H 161 1B4 I r-r-CD CT H x-11170 H 1-1 O H M 01 0 0 ri HO H O O O O Cl N O 4 CO O O V• H r-1 O ri O O O O H r-I ODD In IC)O N CO NN •T J'V•..117 MM H O HNN N ID O HIMM NN a ,--4,A u7 d•v r- • rH MM H Q ..4. N r? O tn.f;o! a'cr r- r- m cn W 41 H O Irl .to . a o d co- co .21.0 HC W p IP U Ga 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 07 O O O O O H a H KC ur ur tn. +h ur H Iu U W • a ca O a a 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 x o 0 0 0 0 H -a Vr (r, 0) Cl)- rh U O H O I-7 D a 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 lx x 0 0 CD o 0 W H a Z co- co U) co co H 0 Z H H 0 u4 Z O H a m m wo cc. A a'a m CD H H z >-■ a o o o N!`NU)1 0 0 o o p o o o 00000000 I--I ri 0 0D 0 0 0 0 r11-401-10000 r-7 H OED In m O 'J < a a r-1 H M N 1-v'r-I O CD r-I O 0 O 1.-1 O.1 61 H W a H H C 01 C) -1 r-I Hr-N H m Z CD . . N Cl)- ur I/r I7 0H1-1 N N U) gt w HI C.w a i+O O H 4 01 a H a ur H a d D 0 zoo Z o 0 O.W z .11 . N Cl] N 4 0 0 0 0 0 0 0 0 0 O O O O o 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 O O O O O H Cl) U D Cl)- Vr Ih ur co ›• (4 Z EU co > 0 a O O p+ U 0 1 a Cl] r-r-01-d'd'O m r-1 r ti O r i M M O m r-1 r-l O r-1 O O O O c-1 r i O r1 W O O O' 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 KC H H H tD VD Cr) 01 61 r-I O NN N O H H H H H 0 C Ir1m • H l N N to CD yr Z N N N r- m W m N N H c] 2 co H 0 c' H m H u} N W H a w Z H Z N O £Z£Z WQur EU££X—OG)C- SEUZZ--c]Our ZZZZ---OLlur ZZZZ--Qc]ur Z£u£—nn o UCOO4- - 0)- 000O4- - Vr OoOO4- - IR OOOOa- - in- OOOOa- - ur 000Oa- - o H WWWWaah WWWWaan WWWWa.-]h WCr]rrlraa1-7 WWWW ar7 WWWWaah H 11 1 I UHgq I I I I EU -IQQ I I I I UHCD I I I I r.0 - CDC 1 1 1 1 �HCQ I I I I 41.cl Z > n - WrCW m'HW-.'C<W M>Hm"WFCw m"✓H n—W r1.W m�Hm-'WEUW m9Hm—m4 VD D 041-1 UE-' a EUHUH a 04HUH a 04HUe-I a EHOH a EHUH ,--1 Li-) HH4HWWW.-a HH4F/Www.-a HHEUHWWW4 E-.C-I4I-IWWW4 E.HFCHWwWa HHK.CHwWw I H x71 W U Z Z m m m H WW U Z Z m m m H W U Z Z m m m H W U Z Z m m m H W U Z Z m m m H CU U Z Z m m m H I EUHSODC W £FCHDDDDI zEHDaEDm XErH DOC7;7D £r.CH C]aD0 ZEUHOSOO CD CA EUr H H 33333333 33333333 33333333 33333333 33333333 3333333 °0 X p U O 0 0 in r, O n CD o p WHI Z . H cG W O H r-i N a o ■-1 n. a EU a x x C4 EU a X H H H H H H 161 1 i V' M M O(n C-L)W r N H N W.-1 M M O N O O O O r i U O N •-1 r i O r M M O(l) N.-1•-1 N r I r I O N d'd'O d'W W Cl) Cr) Cl) MM V'u1,n V,N MN MMM v' NN N.D(D O d• W U)V'H N0\0) 14 H,-1 mcom4,--1 . (o(o (oc V' cow mv'c V E N , ) V' . . u) N W N . . N (`7# E N M O H.--I M r- (n- (? H H O O CO O r-I W N E .. U N ,_, 0) V' ✓ a u} VI- t? r Cro 0.4 O 01 U 44 O 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 co 0 co 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 M O O O O O O ,-4 a • • H rL 0- Cl)- 0)- (n .n D H G, U W a O a a 0 0 0 0 0 0 0 0 0 00000000 0 0 0 0 0 0 0 0 00000000 0 0 0 0 0 0 0 0 000000 4 o 0 0 0 0 0 E-' • D (? to 411• v? (R t/} F4 U O H C-1 a �. U) D a 0 00000000 00000000 00000000 00000000 00000000 000000 a o 0 0 0 0 0 W • • a (n tn. Cl)- ur VT t!} H H H rz O a M W0 az� EUI Q I HHZ 9' C' C)MO UNNN U)H 00000000 00000000 00000000 00000000 000000 'J W 14 M H.4 Nr-r-,r O O O O H W 14 H • r-rAHH • CO x M S N . . V' (Q (h (? th U E H (4 N M M N W O H ▪ Cs,C., >,0 0 H H a' a CO Cl)- u} CC E E. .] E a a D z00 z CJ a a X N N ,-1 O 00000000 0 0 0 0 0 0 0 0 00000000 0 0 0 0 0 0 0 0 00000000 0 0 0 0 0 0 FC O O O O O 0 H • • U tn. (n- tn• rR to (CI- >, C) Ea x 0 o U 0 14 0 0 0 0 0(n(n o l0 ,-4 N(11 r-4 M M o N 0 0 0 0 r 1 r-(o N ,-I.-I O r I M M 0 0 0 04,-1.-104,4.-10.0.1 C'd'O d'm N FC O NN N W W C` MN M M M V' N N NU)U) 0 V' W .),1'H111MM H • .-1,--1 H v'V' • 40 l0 \O V'V• • • VD 40 (O d'd' C-■ to . . O) . . (n N CO N . 4 NN (N ,A.-4 M L� 0 U} H H W VD O H Q V} H u) V• M 0 0 W Ix H N 0 777 Q 77ZZ---00U} 7727 - 00cr. 777 _QQ.n a5'.•�,'cK"., i• qq, zx Q o (,>• 000 1440 000014- - (h 000014- - (n 000014.— w 000014- - w- 000 1441 o 4Ww g a- (>} 41 mm waal-a .4.1 n ah 41 44414144-1 WWWw a14h WWW F: ,..1 Q I I E14fU} I I I I ry'HQQ I I I I F>;H QQ I 41'HAQ I I I I Q'•I-IQQ I I H14 W (1) 1 W 0H Cu in- (n'✓E(n--W r4 41 Cf>E(n—Pgd.W (n>E(col---U)FCW Cn›.H U1---WFCW 01 1 W OH (0 a (x > EW FC aHUE .] cz H0E a rcs HUH a cLHUE a Cl r> E.CO r4 41 a CO4(H Q ENrCHW W Wa EE FC•I4--,4W Wa EE,,C,IW W r.).1 E EFL'I-(W W W,-1 HWH I H H W,7 E U)W W W W W U22 U)U)U)H W OZZ(1)U)U)H W UZZ U)(n(n I-i W UZZ U)U)U)H W,>E(n W W H I U Z H 0 E(7(90 a x FC H D a C D U x F(',H D C' D1 D U z FC H D D D U) x(,I-i 0 0 0 In 71-10P00 ON El Kt I gcFI'•g/4 E.g4 H g4 g4 1 ,.-I CO R:UZZCnU)CnFA E EE EEE.EE EEEEHHE-,H EEEE+HEEH EEEEEE(EH OUZZ(n(n H 3 HctHODDCD cO 33333333 33333333 33333333 33333333 r>~,cc 1-4000 o •• CD Ln 0 0 0 ••0 E N 0 ,n O HO .--I ,--I N In<a � ii; 111: ((I)frl 161 1B4 I ON N N 00)ill ill U1 CA Nr ul • co N i-1 0.%' .-4(N 01 0.-r- G•H•-i•H • _ M Co . . . CO en H HI HI N N (NI N O N O W oil) F . )=4 m c a• a vt H n m tn- HC W o1U• 4, 00 00000000 . 01 o 0 .-. a E. 4 yr Ur U) H G+ U W a ul CD 0 a CI, 00 00000000 Z 0 0 U. • D vT U} gr H. U O H O 4-1 Z w 00 00000000 C4 0 0 CO i-1 CO- U} H g h F cn Z H H Z >+ 00 M to O In CO N In H 0 > a,' ■l O HI r-4 NN N d'«) F4 H W Hl H • h H H(N • U H x O Z u} . . a• W U E H M t•1 N CO . H &•1m I (1. )-•00 H v} F E.C• 4 C4 7 +' ;400 X oaw w H N FC N r7 0 0 00000000 '3 < O O H (f) 0 in U} H z � F x 0 0 O 00 a(.1 U C) CO O 0 .) O N V'V'0 V'M M 0 CO 4-) Q• N N 10.--I N co W V. U H N N N 01 01 • yC H W W CO Z H M 01 •• W N co CO C] . . FAG H T 01 U) U} U} N z a W E .H W N X L.•--•.:ter n O ht W W W E. a HJU} H C4 >r-C O W o U} (F to -) rl H W al W>H to W W Cr7 W Q (N I U' ) E 1-4 C.)F.0 CD(!)r1 W ON ry a Ha,H4 4 41-1 Ca I H U)H t-1 UZZU)U)V)H H JW 4 Ft'i H W .. O F H CD ••0 H 0 W H U) 2 F d Z 0 a CC�GG CD 161 164 1 M UlWMWOOW 0000HOOH HHOHMOOO NHHNHOOM WC-MWMOON I WC-MOM Ul (n H O H t` CD N N N 10 d' O M m Ni M. d' MN M V' H W l0 W M • WW W...4. • t0 l0 CD C (0 FC ■ M V' M V' N N CO H ,4 C0 CO H M H V' H N 0 (r (NI Vr N W N H - co i) (0 g4 d L U) U) (N m no .-1 c d 0 MOO G 00000000 00000000 00000000 000OOOOO 00000000 00000 M O O O O O H H H Rc Ur Ut yr ur VI- ED H W U W a C4 m (...9 0 C4 a 00000000 000OQO00 00000000 00000000 00000000 00000 = o 0 CD 0 0 E. • p ur M. Ut U) M. gC V O H O H Cq D C4 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 O Q O O Q O 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 CL z 0 0 CD 0 0 W H O In yr m Ur U) V 4-1 0 • x � N H C7 a z O H (Cn a W 0 '.J • xn o > +U) Cl E,CnO W 1-1 H" }' H 070000000 CD CD CD CD CD CD CD CD 00000000 00000000 00000000 00000 : .a H o C) 0 C) 0 H W H H H U H 1-i (11 I , co- Vr or in c/T F4 W U) WW I ›..00 H H H H E.124114 0 0 • O0(Na Q £ .a N W N .) U 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 O O O O O o O O O O O O O O 0 O O O O O O O O O 0 0 0 0 0 4 FC o 0 0 0 0 . H U) U D Ur ur Vr - Ur Vr >. c4 £ cil n X 0 X 0 H O U (N V I 0 1 .4 W M N co M WOO CO O O O O U)O O H H H O H M 0 CO N H H N H O O M VD C`Cil VD M O O N VD C l C O M H H O H I� l0 (N N N l0 V' O M MN MV. C MN M.4. H H WW W M 6 WW to cP WW WV' H y' M d' M cr In . Z H l0 t0 H VI- H V' H W CO 0) N Vr N 0 Z '0 w 1O U) H Ur (n - w H `In C4 U FC W Z H Z N 00 £££ti—= = to ££I£--000- ZZZ£-000- ££££-.00<n £I',£ n £££ O 0000H- - yr 0000H- - 0 0000H- - Ur 0000H- - ar 000 4W0 000 H o H W W W W x.=1 17 W W W W 4 H r7 W W W W a H h W W W w H H h W W W <4- 0- W W W <. H 1 1 1 1 i) H 00 I I 1 1 F L HOq 1 1 I i Q,'H O0 1 1 I I gt..U)0 I I HE-717 co- 1 I H Z V),7 H c/1 a,W U)^✓H U)`-In y'W CnS HCn—CCa a'W co C›HU)'-'IY)µ'W U) 1 W OHOto- U) 1 0 0 VD D c4 HUH H C4 H0F H HUH H C4 H0H H C4 5 HCAPt CX > H H if) HH FC HW W WH HH Q,'HW W WH HH FC H00W.] HH ry'HW W WH HWH 0 HWH I H (Cl WUZZU)U)U)H WOZZCfU)U)H WOZZUCnCnH WOZZUUU)H W 9HU)W W W W W"✓HCnW H I £FCHODDDCO In HDDDDRI £FCHDODDCXI £FCHODDDI £HUHU UUH £HUE-EU HFC..FCFS,'FC.a HFCH FC 1H W c404C4 C Y,W'C4'a 0'. a.c 4 C L c 4 cc c 4 R'.0'. c40'.c4124 R'.O4 c 4 c 4 c 4 c 4 C4 CZ C4 c 4 c4 c4 UUZ'2 7. U)H HOZZ co H H U)U)U)U)Ul(n U)U) U)U)U)U)U)U)U)U) Cn U)co co co U)V)U) U)Cn U)U)U)U)co m c4 FC H 0 D D D I E<H D D o •• W O £ Ul O O O O r 0 ul 0 H Q 411-1 C4 O H O•' W O H H Cl H oa m GI a C4 C C4 (./I 0 161 1 B 4 O CD N lO CO V' a M H it N ryp� 0 N H 6 H < d (2. a cro HC O' O 6)U (u 000 M O ■a E a,' VT D I-1 G. U W wy N LL P4 C7 O a a o O o • o H U C./1- g U O H O 4 CO . D W O O O (4 O W a II H F O a h w z 0 O>. 0 0 0 H H• 1--1 ° U 2 W F 0 C) cn W 0+n gE~ 4: E(G G.0 ■ 0 0 W >+00 Iti 0 0 H .-7 H H0 W F0 O4 D X0� 2 0 0 F W a OW W P4FW �2w N w CO N 4 0 0 0 N(4 ° W cn"$H I I 1 U Ur ri w X r ■--1 w In 0 .-1 >4 p' D 0 H d' cII W d' O r 2 w H £ r) 2) o r o w a cn(4 X 1--I 0 o w N on N 6) O UU (4 E(4 O) is ° In U W N CO d' .--1 �-1 Ky 0 N r-1 N VT 0 0 W CO- CO - LO P40 0 6.D D a a 0ON aC]U cr w>C X A w H u) W 0 0 .. Ocq x F-1 2O Pc W I I 0 0 I al C4 F4r'F, —1 14 cn 2. o W 0 W H 0 + 4 0) rc ° 14 r]cn- H(4 H .N-1 (4 N 2) ccc)4 awC07 0 (4 0 c- F \-1 ■i(N www 00a - X 4, Z z \ .--1 I 0 0 4 1- 14(4 r-I 0 £ X (N 0 CV (i(4 a W(1)1-1 r-1 (.4 In >1 >-1 .--1 (N 00(44 .. .. .. Z 4" Z a a Z 00 0 -1 0 CO 4.1 000 D H 4: F0 E.1 Z Z Z Z In) 0 0 CO H W >4 b 0 P. w oa 4 4% Cr) 4 161 1B4 H a W N d'r N N O N O,r r-Orr N C CD r co.nrrnmo n-Q m U)0)M N r ,r N N d a `� -o v CD r. cn o N U Q N E o D al Al 0 CD C7 ›. N 4 o a, 0 VD CD 0 c n KC N CD M N U) E. VD C.0 W M C4 1=1 U .a cn H .7 N VD rNCN N.--I Fl; 0.1 VD c r Or r.-1 W W x'.. r CO W U)r 0)M C • H (E..1 MN 2)On M Nco d• HN N.-1 w U O r,C E O w I N a w O o .7 ax 0 a °h H444 rcC ry U)1-1 a2 .O }. C4 HZ4.10Ma .2 H 41 KC cn 121 41 KCH aOCD4 o z 0022°g x 0 H 21 C34 cr. In cr c cr O 1 1 1 1 1 1 lD N CD VD 10 10 Al N O N N N N H 1 I I I CI m on U)on 01 0) C O 0 0 0 0 0 l0 W Cu Cu a \ U 0 0 0 0 0 0 0 0 rl >+ .-1.--I.--1 ri o U H cG ornlD.-+.-1olDr W 11 I 1 1 I 1 1 o 1 1 1D Cr)N N N 1 Z �' I I I I 1 1 1 I ,r... C 000)N V'U)Or r-1 Z co Ul Tr TT TT Tr Ul Q' cv VD 0 0 00 0 0 H CD O O U)VD l0 l0 LO VD Z 1 1 1 1 1 1 1 1 o o cr v Tr V'cr a Kr TT O 0 0 0 0 0 0 0 0 W U 1 1 1 1 1 1 1 1 F U N N N N N N N N ,4 4 N N N N N N N N CD 161 184 N (Y W cv m 0) N 11) C7• V)0 N a ow a oc rn <r >. o Q o cn '• j1 N tx• q o � W • N Cr) r Z W o v1 U ▪ a �r � E. w ro H r r m U O a m m a H• W z U • G. n C O W W Cf]WU cn W U pC rim • Wl H ,\i r a am Q [_i o • U E N 0 O W E x x x W E F F 5'y N H H H Z D N 3 3 3 • Z pG o u)cn O c4 c4 O O 000 H U m O W O 4 0 UUCDJ 161 lB4 4 Severn Trent Environmental Services Agenda Page#40 Port of the Islands Repair and Maintenance Budget Applied against budget account,copies of Invoices available upon request Cap $ 20,000 Contract:Oct 2015-Sept.2016 Inv.Date Service Vendor Invoicee Invoices Month Description 10/07/15 Water Plant Cummins Power South Troubleshoot&Repair to Display Control-LIGHTNING STRIKE CLAIM 080-93537 3,883.38 Flushed out Sand From Backflow @ 105 Momingside Cay. Water Meter Had Debris Causing Backflow to Dump. Labor 5.75 hrs @$77-1.5 O/T @ 10/15/15 Water/Backflow Severn Trent $115 WO 46397 500.50 Called in For Locates Leaking at Meter Boxes. Used Trackhoe to Excavate area©25050 Peacock Lane to Trace Down Leak. Excavated Meters Back 10/08&10/13/15 Irrigation Severn Trent to Road&Fire Hydrant Valve. Filled in Area. WO 46398 1,235.25 Televised,Excavated&Repaired Break in Line of Sewer Lateral @ 162 10/30-10-31 Sewer Lines Severn Trent Newport Dr Unit 1202 WO 46440 1,500.00 10/06/15 Water Plant Severn Trent Replaced(8)12 Volt Dural 2-5F2 Batteries in Rack Mounted UPS WO 46382 423.79 7,542.92 Oct.2015 09/23/15 Misc ABC Fire Equipment Sale 10-Tfuetext-Insp-Ext SVC-"o"ring/Collar 51181 240.09 240.09 Nov.2016 7,783.01 Nov.YTD 26 P01 Rebate For November 2015 3520 Maintenance 67230 161 184 Severn Trent Environmental Services Agenda Page#41 Port of the Islands Chemical Budget tlnst budget account,copies of invoices availal Cap S 20,000 Contract: Oct 2015-Sept.2016 Inc Date Service Vendor Description Invoice" Invoice$ Month 10/05/15 Dumont Hypochlorite Solutions-Sodium Hypochlorite 356138 202.50 10/05/15 Dumont Hypochlorite Solutions-Sodium Hypochlorite-As4000- 356137 1,182 98 Reverse Osmosis Antiscalant 10/19/15 Dumont Sodium Dydroxide Solution 357909 184.25 10/19/15 Dumont Hypochlorite Solutions-Sodium Hypochlorite 357910 135.00 1,704.73 Oct Total 11/02/15 Dumont Hypochlorite Solutions-Sodium Hypochlorite 359950 148.50 11/02/15 Dumont Hypochlorite Solutions-Sodium Hypochlorite-Sodium 359949 332.75 Peroxide 11/16/15 Hawkins Hypochlorite Solutions-Sodium Hypochlorite 3800814 228.00 11/16/15 Hawkins Sodium Hydroxide-Sodium Hypochlorite 3800813 259.22 968.47 Nov Total 2,673.20 YTD Total 27 POI Rebate For November 2015 3520 Chemical 64300 161 lB4 Severn Trent Environmental Services Agenda Page#42 Port of the Islands Instrumentation 8 Tech Applied against budget account,copies of Invoices available upon request Cap $ 15,000 Contract: Oct 2015-Sept.2018 Inv.Date Service Vendor Invoice# Invoice S Month Description Replaced(8)-12Volt Dura12-5F2 Batteries in Rack Mounted UPS. Labor 2.75 hrs®$100 10/06/15 Severn Trent -Materials$135.26+10% WO 46382 423.79 423.79 Oct.2015 Replaced Batteries in UPS&PLC Cabinets,in Plant Litt Station,in Irrigation Pump Station Panel and Odorless Pupm Station Cabinet. Replaced PLC Batteries in SMT 1500 UPS in 11/04/15 Severn Trent Master PLC Cabinet. WO 46414 816.48 816.48 Nov.2015 1,240.27 Nov.YTD 28 POI Rebate For November 2015 3520 instrumentation 67190 161 184 n.K-- - ,"N,.... ii ki0,14(-v ‘e-citte,34 i December 2015 Field Managers Report Water Treatment Plant Operations and Maintenance The Water Treatment Plant produced and distributed 2.33 MG for the month of December which is an average of.075 MGD. Wastewater Plant Operations and Maintenance The Wastewater Treatment Plant treated approximately 2.28 MG for the month of December which is an average of.074 MGD Reuse System Operations and Maintenance The reuse system delivered 7.82 MG for the month of December which is an average of.252 MGD. Permit Compliance: Water Treatment Plant: Wastewater Treatment Plant: *All permit requirements met *All permit requirements met CMMS Work Order Report—April 2015 Summary Total#of WO's 288 Total#of Preventative 282 Total#of Corrective 6 Total#of WO's Completed 288 Total Hours 124.0 1 Re 4176$140.4i, WA*74:40~4111.4410., 24 Hr Emergency Contact: (239)691-3022 12600 Union Road Naples,Florida 34114•Tel 239-642-9219• Fax 239-642-9469 www.severntrentservices.com 161 184 • 0.1 ..__,:rt_ ,,,,1/4._ Sie....Ctiv i s December 2015 Field Managers Report At Our Treatment Facility • Replaced 6"drain valve for Membrane Bioreactor Skid #2 • Replaced pneumatic valve actuator on Skid#2 drain valve • Replaced universal power supply for Membrane Bioreactor Skid #1 Programmable Logic Computer In The Community: • Completed repair to sewer clean out line at 245 Stella Maris S. which had caused a minor wash out under the driveway. The cause of the problem was found to be an old abandoned drain line which had been installed as a temporary line for the builder's construction office trailer when the homes were built. When the drain line was installed there was a 2"gap left around the end of the line where it entered the sewer clean out. The gap was sealed with concrete and the washout was backfilled with more concrete to prevent any further problems. • Facilitated the addition of a lone street light that had previously been removed from the CID's bill and therefore was no longer being serviced by LCEC. It has since been repaired and will again be serviced by LCEC in the future. • Removed an irrigation meter box for an unused meter on Newport Dr.where honey bees had made a massive hive. The meter box itself was disposed of and the county notified of the hive since it was located on county property. ® £ -em u f ?' / a ' --R t-, a' fi i a py k) ,-.vezit;',:;,- ,., r 1,,,,,,,,77,7`1, `,, , - C-;1:, , a d';:, :;-" ,,i,-.414,11k,iiiiiiito, - '''',4:z„, & .-'5 rig,...# FF ..; W�';`'.w..e° New valve&actuator for MBR Skid#2 New back up battery for MBR Skid#1 Bee hive in meter box on Newport Dr. 2 24 Fir Emergency Contact: (239)691-3022 12600 Union Road Naples,Florida 34114•Tel 239-642-9219• Fax 239-642-9469 www.severntrentservIces.com 161 1 B4 oic---01).- ,i.,.._ . ,.cit,s9 ...3 December 2015 Field Managers Report 5 Potable Water Report 4.5 - 4 - 3.5 - ._. ... 2.675 2 741 2.5;17 3 2.634 - 2.461 To 2.319 •. 222A 0 2.5 ---- ---2.044 1.777 ` 1.791 1.925 1.929 1.910 's 2 '*' 2.238` 2.092 2.132 1.98 2.143 2.072 1.5 - 1.648 1 •l - 1.498 1.08 1.052 1.142 1.182 1.021 1.202 0.5 - 0.969 5% 7% 5% 6% 6% 8% 8% -9% 6% 7% 8% 8% 8% 8% 5% 4% 7% 8% 6% 6% 8% 7% 0 --- -- Mar- Apr-14 May- Jun-14 Jul-14 Aug- Sep- Oct-14 Nov- Dec- Jan-15 Feb- Mar- Apr-15 May- Jun-15 Jul-15 Aug- Sep- Oct-15 Nov- Dec- 14 14 --14 1-4 -14 14 15--t5----t5 15 15 15 15 -t-Water Produced --U-Water Oiled -II--%Water Loss «Approximately.31 MG was used for flushing or treatment plant usage;approximately.18 MG was unaccounted for making up the 8%water loss total» 8.893 Irrigation Water Report 9.0 _AL ei 8.709 �__.._ ___- -- - _._.._..8.693___.-__-8.602__ _._.__8.354 __._.___ ___....___.-_ ___.____.8.325__.__.. z 4 8.0 u 7.0 t=2r� ^.. 082 6.959 7.047 6.0 ..181 • 6.325 6.179 6.299 2 5.784 5.8'' 5.657 6 5 .0 5.285 5.229 472 c7 4.701 0 4.0 3 3.921 3.961 3.0 2.0 ----- -- - 1.0 4/, 9% 9% 3% 6% 8% 7% 7% 8% 8% 8% 6% 8% 6% 7% 5% 6% 6% 8% 7% 8% 0.0 Mar-14Apr-14 May- Jun-14 Jul-14 Aug- Sep- Oct-14 Nov- Dec- Jan-lOFeb-15Mar-15Apr-15 May- Jun-15 Jul-15 Aug- Sep- Oct-15 Nov- Dec- -1.0 --_._ _____14 _ . t4-- 14 14..__14_.--_---_------------15___ _ _Al.___1 .-_.___.__15___16. . -a-Irrigation Meter o Irrigation Oiled t%Water Loss «Approximately 1.19 million gallons(MG)reuse for POI CID Properties;approximately.64 MG was unaccounted for making up the 8% water loss total» 3 24 Nr Emergency Contact: (239)891-3022 12600 Union Road Naples,Florida 34114 •Tel 239-642-9219• Fax 239-642-9469 www.severntrentservices.com 161 164 Teague, Calvin From: Ron Benson <RonBenson©hmeng.com> Sent: Friday, December 18, 2015 6:56 PM To: Teague,Calvin Cc: Daniel Cox Subject: RE: POI-Orchid Cove Attachments: 0154Fire_Hyd Exist Water-Sht2 (1).pdf;0154Fire_Hyd Exist Water-Shtl (1).pdf Cal I believe these drawings are current. I believe these are the drawings which were prepared for the Fire District so they would know where the fire hydrants are located at POI(to help demonstrate that the fire protection system meets all standards as the flow and pressure could be tested to be sufficient). The only fire hydrants on the potable water system are those for the North Hotel which feed a sprinkler system which was a retrofit into an existing building and the CID could not take the responsibility for the guarantees required by the State of Florida if connecting non-potable water to a building. The fire hydrants on that water line are private and had been private likely going back to before the CID was created. Also,the fire hydrant in the middle of BRH property in an open field which was on a private water line which BRH abandoned,was capped off at the water main(or possibly a valve locked closed)and I recall reminding the utility contractor to make sure that the hydrant was bagged so the fire district didn't fine anyone for an inoperable hydrant. We also removed that private hydrant from the drawings which were provided to the fire district. Also note that there is a fire protection system pipeline along the BRH property either on BRH owned property for which the CID has an easement or along the edge of BRH property on Union Road all the way out to the Gun Club where the CID easement ends. Future redevelopment of the N.Hotel and BRH properties would be provided fire hydrants as required for County permits at that time and would either end up being private or CID hydrants depending on whether they were place on private property or on CID owned property(such as a potential future dedicated road)and also depending upon how the developer designs their system(either as a single point of connection requiring a meter,or as a community-type system meeting CID requirements). I would be happy to discuss any fire hydrants on the CID system and which are private and which are public why. A couple of cases might help in understanding some of the differences. When the South Hotel and Marina properties wanted to get County permits they had to get a fire review and they needed to install fire hydrants on their private property. The CID agreed to allow them to connect directly to the CID fire/irrigation line under the condition that these pipes would only feed the fire protection system and that the property owner was responsible for maintenance of the fire hydrants. In situations where Condos needed fire hydrants near buildings in order to get County permits,the CID told them the same thing. In some cases, the CID may have later made agreements for maintenance. The key was that the irrigation tap was separate and had a meter. Fire hydrants on CID property(owned or easements)generally along roads(a location required for approval of County permits) are generally CID owned and maintained. Best wishes. Ron Ronald E. Benson,Jr., Ph.D., P.E. Senior Vice President/Principal Hole Montes,Inc. 950 Encore Way Naples, Florida 34110 (239)254-2000 161 1B4 (239)254-2098(fax) (239)777-1611(mobile) Original Message From: Ron Benson Sent: Friday, December 18,2015 6:24 PM To:'Teague,Calvin' Cc:'Daniel Cox' Subject:PO1-Orchid Cove Cal These simplified exhibits tell the story. The CID wanted Orchid Cove to install their potable water and Fire/Irrigation water systems to be connected at both the north and south ends of the community. This would have provided for the new Orchid Cove pipes to reinforce the CID existing pipelines which would be a benefit for both Orchid Cove residents and the entire CID utility customer base. This is because a looped system has many benefits. The CID knew that the old asbestos cement water line in Union Road would eventually need replacement and a loop through Orchid Cove would be a benefit to the entire CID community. Power Corp.simply did not want to consider that the CID had any control over what they did. The CID Board sent Dan and Ron to meet with Power Corp and their engineer on this and other issues to no avail. In fact, Power Corp told the CID that their contractor could tap the CID potable water line in Union Road without any permissions and that is just what they did. Power Corp's position was that the CID was responsible to provide them with a point of connection where they wanted to build it and if the CID didn't like their utility system design then it could remain a private system with a single point of connection meter for potable water and for fire/irrigation. That is what they did for fire/irrigation,but the CID eventually agreed to take the potable water and sanitary sewer systems from the HOA. There is no way to ever go back and accommodate the developer's decision on the potable water system as the CID Option would have required building a section of potable water line at a larger diameter at an incremental cost(there was never any opportunity for the CID to discuss any possible cost sharing for that incremental cost as the developer had made up his mind and simply said no). The issue with regard to the fire/irrigation system still has one possibility and that is for the Orchid Cove HOA to construct(or pay to construct)the connection on the north along the property line between Orchid Cove and the North Hotel(or along Union Road jog in the road around N Hotel). The extra cost which Power Corp incurred in order to make the fire/irrigation system a single point of connection(where they used a Collier County Utilities standard detail, incorrectly in fact,to get a County approval)might have offset the cost of the second connection on the north side of the subdivision. The detail that Power Corp's engineer used was what is used as the point of separation from the public utility and private property owner's responsibility. It is also used when the fire protection is privately owned and maintained on the other side of the meter. The position of the CID was that if the CID was to maintain the fire system that it be built to the CID standards and include completing the loop with the connection near the NE corner of Orchid Cove. A looped fire system would be better for both Orchid Cove residents as well as all CID residents and be consistent with a community asset. A design which was for a private fire protection system which only serves Orchid Cove was to assure that the rest of the CID utility customers would get no benefit from the pipe running through Orchid Cove. I personally told the developer and his engineer that the large backflow preventer was not required since the CID was providing service with non-potable water and in fact the CID did not wish them to install it. They installed it anyway and we all remember the ongoing issues related to that backflow preventer until we suggested that they simply remove it if they didn't want to continue maintenance of it. The CID Board was involved in all of these decisions back when this was happening and were looking out for the interests of the community. In the end,the developer did what he wanted and the CID Board made the decision to not accept the developer built utility system other than to provide water at the point of connection and to accept the lift station which pumps the sanitary sewage to the wastewater treatment plant. It was a policy decision made by the Board many years ago with input from the District Manager,District Engineer,and District Legal Counsel. 2 161 1B4 Earlier this year, I included mention of making the connection between the Orchid Cove fire pipeline near the NE corner of the subdivision as a potential HOA project which would allow removal of the fire/irrigation master meter near the clubhouse. One additional consideration has always been my strong recommendation regarding this. That is that we get some sort of assurance from Orchid Cove HOA that all irrigation pipelines were installed off of the fire protection pipeline using appropriate flow meters. That is probably the case,but it would seem reasonable to require the HOA to make that statement if the CID Board were ever to consider removal of the master meter. So,this is likely the explanation which I would provide in a public meeting on this topic. If you wish me to attend the next meeting,I could probably bring a projector and screen along with a limited number of color handouts and explain the difference between the original CID approach(benefit all customers where possible)and the developer approach to build it how they wanted to build it and to only benefit the residents of the subdivision and at a minimum standard. Best wishes. Ron Ronald E. Benson,Jr., Ph.D.,P.E. Senior Vice President/Principal Hole Montes,Inc. 950 Encore Way Naples,Florida 34110 (239)254-2000 (239)254-2098(fax) (239)777-1611(mobile) Original Message From: RICOH-NP-EE @hmeng.com [mailto:RICOH-NP-EE @hmeng.com) Sent:Friday, December 18,2015 5:41 PM To: Ron Benson Subject: Message from"RICOH-NP-EE" This E-mail was sent from"RICOH-NP-EE"(MP C4503). Scan Date: 12.18.2015 17:40:47(-0500) Queries to: RICOH-NP-EE @hmeng.com 3 161 184 8 4 ___ _,.. .44„;._.,00, ..,.....,_,„ I .24 hl 41 , )t, • 14 '41- -AS,r a a _____„_____., --___. -___—_____=--- --------• _____ __ ,__ ___., _ ____,...., -_-.-----;-- -- -- — , .,!:---------- ------- ---,Y.--------------- r , ...... ,......... ............-__ _:_-..7_-_,-_,..-----„,._.___ ...„., • ..-- , --.-_-..,...---..„ -___ ___-_-_-_-_:-:-_--• ... ._ ,.. ...... ...„..._ .s ttt . r I I . , r.././,„(%;..'..,.-- .. IA .411 0 t_.t / ' ' 7 Z / 1 1k,, 1St.*** . .•-•'.."....°* -- miii. sac ... ,,,--..„--.--... L ..—. ,.....-__. _. 11..,40"te 5 ail , _- ----- ...------_-- ----- .....,----_, l'41 • VAit# lg ,,,-- ....- kW,* -----'''.7.-... "-'*"'""'"'''''..........''''. ....' ..1 -:::•:„ .• 7. 1 1 4,gM i I i , ,..,, ... ,, . ) , ".....4%44) ' t4! II, :. , , 1 il .% li iii-....,:,;4i- 3:: . *0.- A iiii ,111( II . r,., t :. il lilt „„ il'a:11: ,..1111:1411L 2g Illijii 2 I °LI I sla1;4:`,/(Y1841s! 1. / .i . ' , °) lit' _ 1 1!14 ?st-jca— iii' ig II. row' 2- A -4. PI II III II I 4,1g 4 I , Ra L-As Is 1 nil , N i 1 I , int . i 1 IN•'2.. Ili - miciti.."-- Iv; - 1 I. P, 0 .. fifirlitto It p , ' air MI @ 1 I I, 144 1 , ,, 1 b -x 1 X- X X X--x 4 - 1 11///I i lin ti IMNTillillifilIlifllil1111ii 161 i64 SCPAE r r 100' --- _ _ — .3 f i %/%i tog 6 ,:p411181 Q. ill 1„ - L --- ----:*----- ---------- .--- ..„-- .., 1 #1,,,,„4,-,-,,,..--7- .5- ..--- ,-,,,,,,,,,,.,,, .. .._ ___.7____,____:_______________:: ________,, ,,.. _ ,z 4 . //0;;;Nr,:40". 7.,,, • tit .1 iz c *lie\AAR.' 4 aali - • I 4,7—;41-:;:-. ----•T ' 1#:' :' ,- ' / ., ,..4to . „or taw 9�I' ii I g ::1:11/4wil/iii;,,,:,,',./,,,,,,,g;t:sei.,,,:::, /ion �� - i1+ �•a �N to,„„„ ,4 111:1 - IItli ii 1 i 44,3 .. , 1111111. lin i1.• � Y 4 ..4 , lam pi iiii ■ 4 _x - *Ii1/ �ra +fir .gym►, '�'`...ffirs va.ro� te._ .eiF'�, y., - 1 Ilia- to Lid § 1m I �. MI6 r la i x -x ! x—x—x—x—x—x—x—x - -___J • { 161 1 B h. I ••••■••■■■ pai > SCALE.1'■,..100' II , '14 . ) .-----.----..... --.-.=,--.----. -----•-•- •--:'------- — „- -, ------:--2--4,---‘,6:--..."-- ---..- - r--..---- --____-_,-- 7 --—— ---. , ,-,--,2-,-_,-- ---;------ ---_____-- --. --- -7_--,•-=-----,----:_.: • :-, 1 ..„. „ „.•;........„ .....-,.___ . . , , 7,.. .1... --...----/....- et-.7,..---7'-*'.''''''''''''' '••:-.7.- ''' ig 2 Aieffuw----- Qb „., „.........„,, , „..,.. .„.., „. ..„.. .„.„;,.2,---,/ ....-„,-,- ,„„.. -.00......-1-..—___. 1 41).4.5.4.c.„,-- ---x...--.--„,...__ ...i. 1 .-,:..„--,.f.ri 2 ,3 ,,ty,...-- ;i1;._-...,.i ....... __ ....--- - .. 1., ale ... I .,..., .-- ..--;----:::: , ,'-'..:/ d. Mil ---- •'. -410-:-....1111 .---- 1.111.11' ---”" .gi 4 ---.--_,/ -=--_:—.._-_—_----------.-1- ..., I tor-"__.,'7, -■• ,...- tido ...-<_. -r. ----.±- — --------:-.:- ---"- -.0" . / -,• - ......- .....•`_.... 0,,,,17-11111111111k.. . ,,,...11r1l,,,..-1.010 Wilifessor,„:74 44, SC."..„ pr •'411ri.. a I . cti...„4,, . 04 ...-,,,,,,„A,4,;;■44P. 1,,, / .i.11;' 1 ,• je.,. ...... .$3 illrotf I / iA„ /,„ • l' .----- 77 - , ,. i 1 liti • , , .Ili • • bi ( . I lip ir ea 51, di' 5t..; I lit Isw, ik_ i 41 C2R it IR .... „A., 1 tio 4. Ili P I er;. .11'i. I 11 ,4t / / i, d a k 11 i 1 1 2 r lila , ,. 14 KW N.I 1 Z 0 11111 P - — '3 :NO 1 • - • no ' a 'I I' '. I i Iii i . `'.% ' '04 Iola 2 Yi ' 1 ) Ao , . %II ilk Ell' so a'. 1'1--7--1.21 1101 25 I 11,1):,, . . ifrfr' fl . m iii . (' I IA 1*!tiltlhill g , li I it .11 k4 1 .t. 1 1 rill t 1 , 1 . B,I., iir 1 ; Illi 41.1,i 1 ,ii i 1 --.....__ ...____, )9 1 ..011n ii„, ,• II 2 -SA t 1 ilbmi 1 §n Itri 2 IIIIF ‘7, g lik ;,111 ,,, 1.1.5111Soos I mamma•..,11111161,,s._7....?!.10,,,i, 4, . < II , W War lip .......,. ..::,.. .,„ ,,, • 1111 4", 2421 - Willa 3:.," " I. • • < 4,7, g II 1 x xxx x x—xx < —J 4 . , , , 1MM1111111111111111111ffillill 161 1 B 4 <46(19 SCALE,.. 5.1 0/Wale()kAA 40 _ itt (10144''j i 41�- _ - - = — a- — '" /r / . /,, j// / %//�� I /, 7/,,,,.//r ice �.tr..._1__IMIIr. °....: .14,E PA, draterp • 'ref411.1 t# 03 '4 - 411 i'l''* 1" _ ,. ,II 1 67 7,..,2 It 24 ..474),,* , "0 I% Ni"...NT,',,,,8. ', ti----11 ri <:, oai 'i ( '4.-Vii, III1 I_ ./ in is i I , ' 10E1 met IQ ' 'Mil 1� 1-1.1 `i 11 11165 ll ' id RIP,IjJ � —m- ' -lIkoli Mil ROMMA44* 1 2 i •=rilii..■• ,,,..........._.,.■,E:00 fiit , g . 4..,.....0 -iwirmine—,a.t.- 7-„, . \ . . - . air ab M 2. II I -x x--x—x—X—x X x— _ _—_J iiiiiIiillifilliMIIMIIMIIIII 161 1 B5 WINDING CYPRESS COMMUNITY DEVELOPMENT DISTRICT do Special District Services, Inc. 2501 Burns Road, Suite A Palm Beach Gardens, Florida 33410 (561) 630-4922 Fax: (561) 630-4923 tE g T o M April 5, 2016 �' _` aoib By m2 VIA CERTIFIED MAIL— RETURN RECEIPT REQUESTED Clerk of the Circuit Court Collier County Courthouse 3315 Tamiami Trail East, #102 Naples, Florida 34112-5324 Re: Winding Cypress Community Development District To Whom It May Concern: Pursuant to Florida law, enclosed please find a copy of the following document relative to the above referenced Community Development District: 1.) Proposed Fiscal Year 2016/2017 Budget (Oct. 1, 2016— Sept. 30, 2017) If you have any questions or comments, please contact our office. Sincerely, SPECIAL DISTRICT SERVICES, INC. / Laura J. Arcg Enclosure 161 1B5 Windinl Cypress Community Development District Proposed Budget For Fiscal Year 2016/2017 October 1, 2016 - September 30, 2017 161 1Ets PROPOSED BUDGET WINDING CYPRESS COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2016/2017 OCTOBER 1, 2016 - SEPTEMBER 30, 2017 FISCAL YEAR 2016/2017 REVENUES BUDGET O & M Assessments 89,833 Debt Assessments 513,776 Developer Contribution -0 & M 0 Developer Contribution - Debt 0 Interest Income 60 TOTAL REVENUES $ 603,669 EXPENDITURES Supervisor Fees 0 Payroll Taxes- Employer 0 Engineering/Inspections 7,500 Management 33,228 Legal 20,000 Assessment Roll 5,000 Audit Fees 4,000 Arbitrage Rebate Fee 650 Insurance 6,000 Legal Advertisements 1,200 Miscellaneous 750 Postage 250 Office Supplies 750 Dues& Subscriptions 175 Trustee Fee 4,000 Continuing Disclosure Fee 1,000 TOTAL EXPENDITURES $ 84,503 REVENUES LESS EXPENDITURES $ 519,166 Bond Payments (482,950) BALANCE $ 36,216 County Appraiser&Tax Collector Fee (12,072) Discounts For Early Payments (24,144) NET EXCESS/(SHORTFALL) $ - 3/27/2016 2:04 PM . 161 1B5 DETAILED PROPOSED BUDGET WINDING CYPRESS COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2016/2017 OCTOBER 1, 2016 -SEPTEMBER 30, 2017 FISCAL YEAR FISCAL YEAR FISCAL YEAR 2014/2015 2015/2016 2016/2017 REVENUES _ ACTUAL BUDGET _ BUDGET COMMENTS 0&M Assessments 0 0 89,833 Expenditures Less Interest/.94 Debt Assessments 0 0 513,776 Bond Payments/.94 Developer Contribution-0&M 10,000 81,825 0 Developer Contribution-Debt 0 482,064 0 Interest Income 0 0 60 Interest Projected At$5 Per Month TOTAL REVENUES 10,000 $ 563,889 $ 603,669 EXPENDITURES Supervisor Fees 0 0 0 No Change From 2015/2016 Budget Payroll Taxes-Employer 0 0 0 Projected At 8%Of Supervisor Fees Engineering/Inspections 0 15,000 7,500$7,500 Decrease From 2015/2016 Budget Management 0 33,000 33,228 CPI Adjustment Legal 6,824 20,000 20,000 No Change From 2015/2016 Budget Assessment Roll 0 5,000 5,000 As Per Contract Audit Fees 0 0 4,000 First Year Of Expenditure Arbitrage Rebate Fee 0 0 650 First Year Of Expenditure Insurance 0 6,000 6,000 No Change From 2015/2016 Budget Legal Advertisements 757 1,200 1,200 No Change From 2015/2016 Budget Miscellaneous - 0_ 500 750$250 Increase From 2015/2016 Budget Postage 0 200_ 250$50 Increase From 2015/2016 Budget Office Supplies 0 750_ 750 No Change From 2015/2016 Budget Dues&Subscriptions 0 175 175 No Change From 2015/2016 Budget Trustee Fee 0 0 4,000 First Year Of Expenditure Continuing Disclosure Fee 0 0 1,000 First Year Of Expenditure TOTAL EXPENDITURES 7,581 $ 81,825 $ 84,503 REVENUES LESS EXPENDITURES 2,419 $ 482,064 $ 519,166 Bond Payments 0 (482,064) (482,950) 2017 P&I Payments Less Earned Interest BALANCE 2,419 $ - $ 36,216 County Appraiser&Tax Collector Fee 0 0 (12,072)Two Percent Of Total Assessment Roll Discounts For Early Payments 0 0 (24,144) Four Percent Of Total Assessment Roll EXCESS/(SHORTFALL) $ 2,419 $ - $ - Carryover Funds From Prior Year 0 0 0 Carryover Funds From Prior Year NET EXCESS/(SHORTFALL) $ 2,419 $ - $ - �I 3/27/2016 2:04 PM 161 65 DETAILED PROPOSED DEBT SERVICE FUND BUDGET WINDING CYPRESS COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2016/2017 OCTOBER 1,2016-SEPTEMBER 30,2017 FISCAL YEAR FISCAL YEAR FISCAL YEAR 2014/2015 2015/2016 2016/2017 REVENUES ACTUAL BUDGET BUDGET COMMENTS Interest Income 0 0 0 Projected Interest For 2016/2017 Developer Contribution 0 482,064 482,950 2016 Payments Were Developer Funded NAV Tax Collection 0 0 0 2017 P&I Payments Less Earned Interest Total Revenues $ - $ 482,064 $ 482,950 EXPENDITURES Principal Payments 0 170,000 125,000 Principal Payment Due In 2017 Interest Payments 0 312,064 357,950 Interest Payments Due In 2017 Total Expenditures $ - $ 482,064 $ 482,950 Excess/(Shortfall) $ - $ - $ - Series 2015 Bond Information Original Par Amount= $7,535,000 Annual Principal Payments Due= November 1st Interest Rate= 4.00%-5.00% Annual Interest Payments Due= May 1st&November 1st Issue Date= December 2015 Maturity Date= November 2045 3/27/2018 2:04 PM . . 161 1855 , WINDING CYPRESS COMMUNITY DEVELOPMENT DISTRICT ASSESSMENT COMPARISON Original Fiscal Year Fiscal Year Projected 2015/2016 2016/2017 Assessment* Assessment* Projected Assessment* 0&M For Phases 1 &2 SF Villas $ - $ - $ 164.53 Debt For Phases 1 &2 SF Villas $ 835.00 $ - $ 835.00 Total For Phases 1 &2 SF Villas $ 835.00 $ - $ 999.53 O&M For Phases 1 &2 SF 50' Units $ - $ - $ 164.53 Debt For Phases 1 &2 SF 50' Units $ 939.00 $ - $ 939.00 Total For Phases 1 &2 SF 50'Units $ 939.00 $ - $ 1,103.53 O&M For Phases 1 &2 SF 65' Units $ - $ - $ 164.53 Debt For Phases 1 &2 SF 65' Units $ 1,043.00 $ - $ 1,043.00 Total For Phases 1 &2 SF 65'Units $ 1,043.00 $ - $ 1,207.53 0&M For Phase 3 SF Villas $ - $ - $ - Debt For Phase 3 SF Villas $ - $ - $ - Total For Phase 3 SF Villas $ - $ - $ O&M For Phase 3 SF 50' Units $ - $ - $ Debt For Phase 3 SF 50' Units $ - $ - $ Total For Phase 3 SF 50'Units $ - $ - $ O&M For Phase 3 SF 65' Units $ - $ - $ Debt For Phase 3 SF 65' Units $ - $ - $ Total For Phase 3 SF 65' Units $ - $ - $ *Assessments Include the Following : 4% Discount for Early Payments 1%County Tax Collector Fee 1% County Property Appraiser Fee Community Information: Phases 1 &2: Phase 3: Phases 1 &2: 546 Units Villas: 94 Units Villas: 28 Units Phase 3: 235 Units 50' Lots: 310 Units 50' Lots: 136 Units Total: 781 Units 65' Lots: 142 Units 65' Lots: 71 Units Total: 546 Units Total: 235 Units 3/27/2016 2:04 PM IV 161 1 March 30,2016 D fLI ^ IJ Dwight E. Brock 7, a-o' Clerk of the Circuit Court Finance Department By k t2 3299 Tamiami Trail East Suite 400 Naples, Fl. 34112 Dear Mr. Brock: It is our understanding the following information should be reported to the County Clerk of Courts: 1. Any changes in the registered agent or office. 2. The housing authority's public meeting schedule which are held on the fourth Tuesday of each month. 3. Public facilities report, if applicable(initial,annual notice of any changes and updated reports). No Changes in Public Facilities Report—Not Attached. 4. Upon request,the housing authority's budget. 5. Copy of audit for September 30, 2015. Therefore, we are providing you with a copy of our annual filing notice for the registered agent or office and a copy of the housing authority's meeting schedule for fiscal year 09/30/2015. There has been no change in public facilities. I hope this satisfies our reporting requirements to Collier County Clerk of Courts. If you have any questions, please contact me directly at(239)657-3649. Sincerely. Oscar Hentschel Executive Director OH/lvs Enclosures. <,.../0"/\ NousirtgATrthoi iy 41 Collier County Housing Authority o 1800 Farm Worker Way • Immokalee,Florida 34142 a (239)657-3649 0 FAX(239)657-'232 161 IC Schedule of Board Meetings For Collier County Housing Authority October 27,2015 November 17,2015 December 15,2015 January 26,2016 February 23,2016 March 22,2016 April 26,2016 May 24,2016 June 28,2016 July 26,2016 August 23,2016 September 27,2016 161 1C 8 cG fl El r_ „ 7:Z v'r (,,:fitkistAtiskr,voittoritrot - 7-z4-47, 4446 ;Nk 1 a I ri Barton, Gonzalez j & Myers, P.A. A Certified Public Accountants • 161 ic COLLIER COUNTY HOUSING AUTHORITY Immokalee, Florida AUDIT REPORT 1 For the Year Ended September 30, 2015 3 1 I 161 is COLLIER COUNTY HOUSING AUTHORITY Immokalee, Florida Table of Contents September 30, 2015 3 Page Independent Auditor's Report 1-2 Management's Discussion and Analysis (MD&A) 3-10 BASIC FINANCIAL STATEMENTS Statement of Net Position - Proprietary Fund Type 11 Statement of Revenues, Expenses and Changes in Fund Net Position - Proprietary Fund Type 12 Statement of Cash Flows - Proprietary Fund Type 13 Notes to Financial Statements 14-30 SUPPLEMENTAL INFORMATION Combining Schedule of Assets, Liabilities and Net Position 31 Combining Schedule of Revenues, Expenses and Changes in Fund Net Position 32 Farm Worker Subsidized Housing Program 33-36 3 Certificate of Borrower 37-38 SINGLE AUDIT SECTION Report on Internal Control over Financial Reporting and on Compliance and Other Matters Based on an Audit of Financial Statements Performed in Accordance with Government Auditing Standards 39-40 Independent Auditor's Report on Compliance for each Major Program and on Internal Control over Compliance Required by OMB Circular A-133 41-43 Schedule of Findings and Questioned Costs 44-47 Summary Schedule of Prior Year Findings 48 Corrective Action Plan 49-51 SCHEDULE OF EXPENDITURES OF FEDERAL AWARDS 52 MANAGEMENT LETTER 53-55 FINANCIAL DATA SCHEDULE 56-61 161 ic Barton, 13137 - 66th Street,Largo,FL 33773 Gonzalez Phone:(727)344-1040 Fax:(727) 533-8483 & Myers, P.A. www.bartoncpas.com Ccrtificd Public Accountants ri ff/r14' Independent Auditor's Report Board of Commissioners Collier County Housing Authority immokalee, Florida We have audited the accompanying financial statements of the Collier County Housing Authority("Authority")as of and for the year ended September 30, 2015, and the related notes to the financial statements, which collectively comprise the Authority's basic financial statements as listed in the table of contents. Management's Responsibility for the Financial Statements Management is responsible for the preparation and fair presentation of these financial statements in accordance with accounting principles generally accepted in the United States of America; this includes the design, implementation,and maintenance of internal control relevant to the preparation and fair presentation of financial statements that are free from material misstatement,whether due to fraud or error. Auditor's Responsibility Our responsibility is to express an opinion on these financial statements based on our audit.We conducted our audit in accordance with auditing standards generally accepted in the United States of America and the standards applicable to financial audits contained in Government Auditing Standards issued by the Comptroller General of the United States.Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free from material misstatement. An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the financial statements.The procedures selected depend on the auditor's judgment,including the assessment of the risks of material misstatement of the financial statements, whether due to fraud or error. In making those risk assessments,the auditor considers internal control relevant to the entity's preparation and fair presentation of the financial statements in order to design audit procedures that are appropriate in the circumstances,but not for the purpose of expressing an opinion on the effectiveness of the entity's internal control.Accordingly,we express no such opinion. An audit also includes evaluating the appropriateness of accounting policies used and the reasonableness of significant accounting estimates made by management, as well as evaluating the overall presentation of the financial statements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion. Opinion In our opinion, the financial statements referred to above present fairly, in all material respects, the financial position of the Collier County Housing Authority,as of September 30,2015,and the changes in financial position and cash flows for the year then ended in accordance with accounting principles generally accepted in the United States of America. Other Matters Required Supplementary Information Accounting principles generally accepted in the United States of America require that the management's discussion and analysis on pages 3 through 10 be presented to supplement the basic financial statements. 161 Ic Such information, although not a part of the basic financial statements, is equired by the Governmental Accounting Standards Board,who considers it to be an essential part of financial reporting for placing the basic financial statements in an appropriate operational,economic,or historical context.We have applied certain limited procedures to the required supplementary information in accordance with auditing standards generally accepted in the United States of America,which consisted of inquiries of management about the methods of preparing the information and comparing the information for consistency with management's responses to our inquiries, the F basic financial statements,and other knowledge we obtained during our audit of the basic financial statements. We do not express an opinion or provide any assurance on the information because the limited procedures do not ] provide us with sufficient evidence to express an opinion or provide any assurance. Other Information Our audit was conducted for the purpose of forming an opinion on the financial statements that collectively comprise the Collier County Housing Authority's basic financial statements. The accompanying Financial Data Schedule is presented for additional analysis and is not a required part of the financial statements.The schedule of expenditures of federal awards is presented for purposes of additional analysis as required by U.S.Office of Management and Budget Circular A-133,Audits of States,Local Governments,and Non-Profit Organizations,and s is also not a required part of the basic financial statements. This other information is the responsibility of management and was derived from and relates directly to the underlying accounting and other records used to prepare the basic financial statements. Such information has been subjected to the auditing procedures applied in the audit of the basic financial statements and certain additional procedures,including comparing and reconciling such information directly to the underlying accounting and other records used to prepare the basic financial statements or to the basic financial statements themselves, and other additional procedures in accordance with auditing standards generally accepted in the United States of America.In our opinion,the Financial Data Schedule and the schedule of expenditures of federal awards are fairly stated in all material respects in relation to the basic financial statements as a whole. Other Reporting Required by Government Auditing Standards In accordance with Government Auditing Standards,we have also issued our report dated March 15,2016,on our consideration of the Authority's internal control over financial reporting and on our tests of its compliance with certain provisions of laws, regulations,contracts,and grant agreements and other matters.The purpose of that report is to describe the scope of our testing of internal control over financial reporting and compliance and the results of that testing,and not to provide an opinion on internal control over financial reporting or on compliance. That report is an integral part of an audit performed in accordance with Government Auditing Standards in considering the Authority's internal control over financial reporting and compliance. Axis.. >d, / 0 ' 74,„51P/4• Barton, Gonzalez&My/t/ Certified Public Accou an March 15,2016 I 1 1 2 161 I. C 1 i COLLIER COUNTY HOUSING AUTHORITY Immokalee, Florida Management Discussion and Analysis September 30, 2015 As the management of the Collier County Housing Authority ("the Authority"), we offer the readers of the Authority's basic financial statements this narrative overview and analysis of the financial activities of the Authority for the fiscal year ended September 30, 2015. We encourage readers to consider the information presented here in conjunction with the Authority's basic financial statements elsewhere in this report. Financial Highlights • The Authority's total net position decreased by $299,128 during fiscal year ended 2015. Total net position was $8,754,635 and$9,053,763 for FYE 2015 and 2014 respectively. I • The total operating expenses of all Authority programs (including depreciation expense) decreased by$344,936 during fiscal year ended 2015. • At the close of fiscal year ended 2015, the Authority's assets exceeded its liabilities by $8,754,635. 3 Using This Annual Report The Report includes three major sections, the "Management's Discussion and Analysis (MD&A)", "Basic Financial Statements", and "Supplemental Information": MD&A - Management's Discussion and Analysis Basic Financial Statements - Basic Financial Statements Statement of Net Position Statement of Revenues, Expenses, and Changes in Net Position Statement of Cash Flows - Notes to Basic Financial Statements Supplemental Information -As listed in the Table of Contents The primary focus of the Authority's basic financial statements is on both the Authority as a whole and the major individual programs. Both perspectives allow the user to address relevant questions, broaden a basis for comparison (year to year or Authority to Authority), and enhance the Authority's accountability. The basic financial statements are designed to be corporate-like in that all business type activities are consolidated into columns that add to a total for the entire Authority. IThese Statements include a Statement of Net Position, which is similar to a balance sheet. The Statement of Net Position reports all financial and capital resources for the Authority. The statement is presented in the ii format where assets minus liabilities, equals"Net Position", formerly known as equity and net assets. Assets and liabilities are presented in order of liquidity, and are classified as "current" (convertible into cash within one year), and "non-current". 3 161 Ic COLLIER COUNTY HOUSING AUTHORITY Immokalee, Florida Management Discussion and Analysis September 30, 2015 Basic Financial Statements The focus of the Statement of Net Position ("Unrestricted Net Position") is designed to represent the net available liquid (non-capital) assets, net of liabilities, for the entire Authority. Net Position (formerly equity and net assets) are reported in three broad categories: Net investment in Capital Assets: This component of Net Position consists of all Capital Assets, reduced by the outstanding balances of any bonds, mortgages, notes or other borrowings that are attributable to the acquisition, construction, or improvement of those assets. Restricted Net Position: This component of Net Position consists of restricted assets that have constraints placed on the assets by creditors (such as debt covenants), grantors, contributors, laws, regulations, etc. Unrestricted Net Position: Consists of Net Position that does not meet the definition of"Net Investment in Capital Assets", or"Restricted Net Position". The basic financial statements also include a Statement of Revenues, Expenses and Changes in Net Position: (similar to an Income Statement). This Statement includes operating revenues, such as rental income, operating expenses such as administrative, utilities, maintenance, and depreciation, and non- operating revenue and expenses such as capital grant revenue, investment income, and interest expense. The focus of the Statement of Revenues, Expenses and Changes in Net Position is the "Change in Net Position", which is similar to net income or loss. Finally, the Statement of Cash Flows is included, which discloses net cash provided by, or used for operating activities, non-capital financing activities, and from capital and related financing activities. The Authority consists of exclusively Enterprise Funds. Enterprise funds utilize the full accrual basis of accounting. The Enterprise method of accounting is similar to accounting utilized by the private sector accounting. Many of the programs maintained by the Authority are required by the Department of Housing and Urban Development. Others are segregated to enhance accountability and control. The Authority's Programs The Authority has many programs that are consolidated into a single enterprise fund. The major programs consist of the following: IFarm Labor Housing - Under the Rural Development-Farm Labor Housing Program, the Authority rents units that it owns to low income households. The Authority had 641 units of farm labor housing units which provide assistance to very-low income families. The Authority worked with Rural Development to remove 276 units from the Farm Labor Housing Program. Rural Development is providing $4,000,000 in low interest financing to demolish or convert 50 units and rehabilitate the remaining 315 units of Farm Labor Housing. This construction project is scheduled to begin February 2016. 4 I 161 1 COLLIER COUNTY HOUSING AUTHORITY Immokalee, Florida Management Discussion and Analysis 1 September 30, 2015 Section A&B- The 276 units removed from the farm labor program, will be rehabilitated. They are operated as non-subsidized affordable housing units. Horizon Village - In addition, the Authority owns and operates a 192-bed dormitory style facility that houses unaccompanied male farm workers. The Authority continues to experience significant shortfalls in rental 0 income. Efforts are being made to make property self-sustaining. Tenant Based Rental Assistance Program (TBRA) - The Tenant Based Rental Assistance Program is a HUD HOME Grant funded through Collier County Government to provide rental assistance to homeless and disabled families. Housing Choice Vouchers - Under the Housing Choice Voucher Program, the Authority administers contracts with independent landlords that own the property. The Authority subsidizes the family's rent through housing assistance payments made to the landlord. The program is administered under an Annual Contributions Contract (ACC) with the U.S. Department of Housing and Urban Development (HUD). HUD provides annual contributions funding to enable the Authority to structure a lease that sets the participants' rent at approximately 30% of household income. Florida Family Literacy Initiative — The jumpstart program which provides early childhood training, parenting classes, English classes, and parent/child activities, stopped operating in May 2015 due to lack of funding. The Authority as a Whole The Authority's net position decreased by $299,128 during the fiscal year as detailed below. The Authority's revenues under the Farm Labor Housing Program are primarily from rental income & subsidies. Under the Housing Choice Voucher Program revenues are from subsidies and grants received from HUD. The 1 Authority receives subsidies each month based on a pre-approved amount by HUD. Grants are drawn down g based on need against a pre-authorized funding level. By far, the largest portion of the Authority's net position reflects its investment in capital assets (e.g. land, building, equipment and construction in progress). The Authority uses these capital assets to provide housing services to its tenants; consequently, these assets are not available as a source of funds for future spending. The unrestricted net position of the Authority is available for the future use to provide program services. 161 Ic [I COLLIER COUNTY HOUSING AUTHORITY [I Immokalee, Florida Management Discussion and Analysis September 30, 2015 ] Statement of Net Position The following table reflects the condensed Statement of Net Position compared to prior year. The Authority is engaged only in Business-Type Activities. Table 1 —Statement of Net Position 3 Comparative Statement of Net Position September 30, 2015 2014 Variance Assets 3 Unrestricted current assets $ 1,115,560 $ 880,066 $ 235,494 Restricted current assets 2,399,292 2,731,993 (332,701) Non-current assets 7,877,448 8,343,737 (466,289) °"" Total assets 11,392,300 11,955,796 (563,496) Liabilities Current liabilities 508,876 548,669 (39,793) Non-current liabilities 2,128,789 2,353,364 (224,575) Total liabilities 2,637,665 2,902,033 (264,368) Total Net Positon $8,754,635 $ 9,053,763 $ (299,128) Net position Net investment in capital assets $ 6,259,448 $ 6,619,237 $ (359,789) I Restricted 2,224,257 2,631,282 (407,025) Unrestricted 270,930 (196,756) 467,686 Total net position $8,754,635 $ 9,053,763 $ (299,128) There was a decrease in total net position of$299,128 due mainly to depreciation, and the reduction in HUD and USDA subsidies. I I6 j 161 1 C 3 COLLIER COUNTY HOUSING AUTHORITY Immokalee, Florida Management Discussion and Analysis September 30, 2015 Table 2—Statement of Revenues, Expenses and Changes in Net Position ri The following schedule compares the revenues and expenses for the current and previous fiscal year. ill Statement of Revenues, Expenses and Changes in Net Position are as follows: 0 Comparative Statement of Revenues,Expenses and Changes in Net Position September 30, 2015 2014 Variance Operating Revenues Rental revenues $ 1,547,684 $ 1,335,922 $ 211,762 HUD grants 3,184,746 3,243,424 (58,678) Other governmental grants 684,895 828,595 (143,700) Other revenues 419,614 388,285 31,329 Total operating revenues 5,836,939 5,796,226 40,713 Operating Expenses Administrative 880,481 1,074,996 (194,515) Tenant services 55,861 58,544 (2,683) Utilities 104,111 108,578 (4,467) Ordinary maintenance/operation 560,950 581,456 (20,506) Protective services 88,381 87,406 975 General expense 360,306 372,014 (11,708) Housing assistance payments 3,169,311 3,209,582 (40,271) Depreciation 1,149,787 1,221,548 (71,761) Total operating expenses 6,369,188 6,714,124 (344,936) Operating Income(loss) (532,249) (917,898) 385,649 Non-operating revenues/expenses Interest revenue,unrestricted 10,008 27,287 (17,279) Interest expense (33,849) (34,733) 884 Fraud recovery 14,258 (14,258) Gain (loss)on disposition 10,559 10,559 Non-operating revenues/expenses (13,282) 6,812 (20,094) Increase(decrease) net position (545,531) (911,086) 365,555 Contributions-capital grants 246,403 - 246,403 Net position,beginning of year 9,053,763 9,964,849 (911,086) Net position,end of year $ 8,754,635 $ 9,053,763 $ (299,128) 7 I 161 Ic 3 COLLIER COUNTY HOUSING AUTHORITY Immokalee, Florida Management Discussion and Analysis September 30, 2015 Major Factors Affecting the Statement of Revenues, Expenses and Changes in Net Position s- p:. , Operating revenues had an increase in tenant revenue in the Section A&B (business activities) offset by a Rye decrease in subsidies and grants in the TBRA program, the USDA program, and the Housing Choice Voucher Programs. Operating expenses decreased mainly due to the decrease in housing assistance payments in the Housing Voucher Program and administrative expenses. Budgetary Highlights For the year ended September 30, 2015, individual program or grant budgets were prepared by the Authority and were approved by the Board of Commissioners. The budgets were prepared in accordance with accounting procedures prescribed by the applicable funding agency. Capital Assets and Debt Administration As of September 30, 2015, the Authority's investment in capital assets was $6,259,448 (net of accumulated depreciation and long term debt). This investment in capital assets includes land, buildings, equipment, and construction in progress. The Authority had total long-term liabilities as of September 30, 2015 in the amount of $2,128,789. These are in the USDA Farm Labor Program and the Horizon Village Program. These debts have been incurred to meet its mission of providing low income rural housing in the Collier County area. Additional information on the Authority's capital assets and debt administration can be found in the Notes to Basic financial statements, which are included in this report. Capital Assets As of year-end, the Authority had $7,877,448 invested in a variety of capital assets as reflected in the following schedule. N 8 161 10 COLLIER COUNTY HOUSING AUTHORITY Immokalee, Florida Management Discussion and Analysis September 30, 2015 Table 3—Capital Assets at Year End Capital Assets at Year End (Net of Accumulated Depreciation) September 30, 2015 2014 Variance Non-depreciable: Land $ 2,568,713 $ 2,568,713 $ - 2,568,713 2568,713 - Depreciable: Buildings 29,711,789 29,456,386 255,403 Construction in Progress 410,228 9,000 401,228 Equipment 2,048,749 2,021,382 27,367 32,170,766 31,486,768 683,998 Accumulated depreciation __126,862,0311 125,712,2441 (1,149,787 Total 5,308,735 5,774,524 (465,789) Capital assets, net $ 7,877,448 $ 8,343,237 $ (465,7891 Factors Affecting Next Year's Budget It is uncertain of the impact the upcoming rules changes regarding housing assistance payments grants will have on the Authority or the Section 8 Voucher Programs. It is anticipated that administrative fees and grant subsidy may decrease in the Housing Choice Voucher Program due to continued federal budget constraints. 3] Economic Factors Significant economic factors affecting the Authority are as follows: • Federal funding provide by Congress to the Department of Housing and Urban Development • Local labor supply and demand,which can affect salary and wage rates • Local inflationary, recessionary and employment trends, which can affect resident incomes and therefore the amount of rental income • Inflationary pressure on utility rates, supplies and other costs • Local development pressures affecting the market rents and demand for affordable housing • Salary and benefits costs increases (e.g. health insurance cost increase). 9 161 ic ]..k COLLIER COUNTY HOUSING AUTHORITY 3 Immokalee, Florida Management Discussion and Analysis September 30, 2015 ,.. Contacting the Authority's Financial Management The financial report is designed to provide a general overview of the Authority's finances for all those with an 3 interest. If you have questions about this report or wish to request additional information, please contact Oscar Hentschel, Executive Director at Collier County Housing Authority, 1800 Farm Worker Way, Immokalee, Florida, 34142, telephone number (239) 657-3649. I I I 2,1 10 161 1 C 1 Collier County Housing Authority Immokalee,Florida °j Statement of Net Position Proprietary Fund Type ,, September 30,2015 ASSETS AND DEFERRED OUTFLOWS OF RESOURCES 2 Current Assets: Cash and cash equivalents $ 818,460 Cash and cash equivalents restricted 2,399,292 9 Tenants receivable,net of allowance for doubtful accounts of$40,516 60,772 Accounts receivable-government 86,071 Prepaid expenses 106,888 Supplies inventory,net 1^ of allowance for obsolescence of$4,819 43,369 Total current assets 3,514,852 Noncurrent Assets: Capital Assets Nondepreciable capital assets 2,568,713 Depreciable capital assets,net 4,898,507 Construction in progress 410,228 Total capital assets 7,877,448 Total noncurrent assets 7,877,448 Deferred Outflows of Resources - Total assets and deferred outflows of resources $ 11,392,300 LIABILITIES,DEFERRED INFLOWS OF RESOURCES,AND NET POSITION Current Liabilities: Accounts payable and accrued liabilities $ 143,517 Tenant security deposits 139,122 Accrued compensated absences 16,066 Accrued interest payable 4,499 ], Unearned revenue 38,076 Current maturities of notes a ble P ya 61,596 Current maturities of bonds payable 106,000 Total current liabilities 508,876 Noncurrent Liabilities: Accrued compensated absences 16,069 Other liabilities(FSS escrow) 35,913 Notes payable 564,807 Bonds payable 1,512,000 Total noncurrent liabilities 2,128,789 Total liabilities 2,637,665 Deferred Inflows of Resources t Net Position: Net investment in capital assets 6,259,448 Restricted net position 2,224,257 Unrestricted net position 270,930 Total net position 8,754,635 Total liabilities,deferred inflows of resources,and net position $ 11,392,300 iSee auditors report. The notes to the financial statements are an integral part of this statement. 11 16 I 10 Collier County Housing Authority Immokalee, Florida IStatement of Revenues, Expenses and Changes in Fund Net Position - Proprietary Fund Type For the Year Ended September 30, 2015 3 Operating revenues: Tenant rental revenue (net) $ 1,547,684 HUD operating grants 3,184,746 Other government grants 684,895 Other revenue 419,614 Total operating revenues 5,836,939 Operating expenses: Administration 880,481 Tenant services 55,861 Utilities 104,111 Ordinary maintenance 560,950 I Protective services 88,381 General expenses 360,306 Housing assistance payments 3,169,311 Depreciation 1,149,787 Total operating expenses 6,369,188 Operating loss (532,249) Nonoperating revenue and expense: Interest expense (33,849) Interest income 10,008 Gain on sale of capital assets 10,559 Net nonoperating expense (13,282) Net loss (545,531) Contributions -capital grants 246,403 Decrease in net position (299,128) 1 Net position, beginning of year 9,053,763 Net position, end of year $ 8,754,635 See auditor's report. The notes to the financial statements are an integral part of this statement. 12 161 Ic Collier County Housing Authority Immokalee, Florida Statement of Cash Flows- Proprietary Fund Type For the Year Ended September 30,2015 Cash flows provided from operating activities: Cash received from tenants and others $ 1,959,577 Cash paid for goods and services (1,384,257) Cash paid to employees for services (762,565) Cash paid for housing assistance payments (3,169,311) HUD PHA grants received 3,184,746 Other government grants 670,655 Net cash provided from operating activities 498,845 Cash flows used by capital and related financing activities: Proceeds from capital grants 246,403 3 Acquisition of capital assets (683,998),„, from disposal of capital assets 10,559) Payments of interest on notes and bonds (34,149) Payments of principal on notes and bonds (387,194) 3 Proceeds from notes and bonds payable 219,150 Net cash used by capital and related financing activities (629,229) Cash flows provided from investing activities: Interest on investments 10,491 Sales of investments, net 78,850 Net cash flows provided from investing activities 89,341 Net decrease in cash and cash equivalents (41,043) Cash and cash equivalents, beginning of year 3,258,795 Cash and cash equivalents,end of year $ 3,217,752 Reconciliation of operating loss to net cash provided from operating activities: Operating loss: $ (532,249) Adjustments to reconcile operating loss to net cash provided from operating activities: Depreciation 1,149,787 Increase in tenants, accounts receivable-government, accounts receivable-other (21,442) Decrease in prepaid expenses 34,943 Increase in supplies inventory (36,670) Decrease in other assets 500 Decrease in accrued compensated absences (28,297) Increase in unearned revenue 4,007 Decrease in accounts payable,accrued liabilities and security deposits 48,227 1 Decrease in other liabilities (23, 507) Total adjustments 1,031,094 Net cash provided from operating activities $ 498,845 See auditor's report The notes to the financial statements are an integral part of this statement. 13 161 1 Li COLLIER COUNTY HOUSING AUTHORITY Immokalee, Florida Notes to Financial Statements September 30,2015 NOTE 1: Summary of Significant Accounting Policies and Organization: A. Organization:Collier County Housing Authority("the Authority")is a public body corporate orate p and politic pursuant to Chapter 421 Laws of the State of Florida which was organized to provide low rent housing for qualified individuals in accordance with the rules and regulations prescribed by the U.S. Department of Housing and Urban Development(HUD) and other federal agencies. The Authority has been a recipient of several loans and grants from Rural Housing Services (RHS) since 1971 under Project No 09-011-05914055 pursuant to Sections 514 and 516 of the Housing Act of 1949,as amended.The Rural Housing Services programs are designed to provide decent,safe and sanitary low-rent housing and related facilities for domestic farm laborers. Effective July 1, 1992, the Board of Commissioners of Collier County transferred all of its HUD Housing Assistance Payments programs to the Authority,pursuant to an Assumption and Inter-local agreement.The transfer was approved by the U.S.Department of Housing and Urban Development pursuant to a Contract of Novation between the Authority, the County and HUD. The Authority has agreed to undertake the development and operation of certain low rent housing projects and to provide decent,safe and sanitary housing for eligible families pursuant to Section 8 of the Housing Assistance Act by means of Housing Assistance Payments to owners through Annual Contributions Contract number A-3402V(Housing Choice Vouchers,Housing Assistance Program). B. Reporting Entity: In determining how to define the reporting entity,management has considered all potential component units.The decision to include a component unit in the reporting entity was made by applying the criteria set forth in Section 2100 and 2600 of the Codification of Governmental Accounting and Financial Reporting Standards and Statement No. 14, (amended) of the Governmental Accounting Standards Board: The Financial Reporting Entity. These criteria include manifestation of oversight responsibility including financial accountability, appointment of a voting majority, imposition of will, financial benefit to or burden on a primary organization, financial accountability as a result of fiscal dependency, potential for dual inclusion, and organizations included in the reporting entity although the primary organization is not financially accountable.Based upon the application of these criteria, the reporting entity has the following component units. Blended Component Unit: CCHA Land Development Corporation - this component unit has been blended for financial statement presentation. CHA Management Consulting Corporation - This component unit has been blended for financial statement presentation. 14 161 ic [1 1 COLLIER COUNTY HOUSING AUTHORITY Immokalee, Florida Notes to Financial Statements September 30,2015 NOTE 1: Summary of Significant Accounting Policies: (Continued) Reporting Entity: (Continued) Blended Component Unit: (Continued) 0 The basic financial statements of the Collier County Housing Authority include Farm Labor Housing Loans and Grants (Rural Housing Service Capital Projects Program),Section 8 Housing Assistance Programs under Annual Contributions Contract A-3402, Horizon Village (a business activity) which provides affordable housing to low to moderate income families,local grants(Homeless Prevention 0 Rapid Re-housing Program), and the CCHA Land Development Corporation, which is a non-profit corporation organized, incorporated and controlled, by the Collier County Housing Authority for the advancement of affordable housing. C. Basis of Presentation and Accounting: In accordance with uniform financial reporting standards for HUD housing programs, the basic financial statements are prepared in accordance with U.S. generally accepted accounting principles (GAAP). Based upon compelling reasons offered by HUD,the Authority reports its basic financial statements as a special purpose government engaged solely in business-type activities,which is similar to the governmental proprietary fund type(enterprise fund),which uses the accrual basis of accounting and the flow of economic resources measurement focus. Revenues are recorded when earned and expenses are recorded at the time the liabilities are incurred. Pursuant to GASB Statement No. 62, Codification of Accounting and Financial Reporting Guidance Contained in Pre-November 30, 1989 FASB and A/CPA Pronouncements, certain accounting and financial reporting guidance is applied in the preparation of the basic financial statements, unless those pronouncements conflict with or contradict GASB pronouncements. I Generally accepted accounting principles for state and local governments requires that resources be classified for accounting and reporting purposes into the following three net position categories: Net Investment in Capital Assets - Capital assets, net of accumulated depreciation and outstanding principal balances of debt attributable to the acquisition, construction or improvement of those assets. Restricted - Net position whose use by the Authority is subject to externally imposed stipulations that can be fulfilled by actions of the Authority pursuant to those stipulations or that expire by the passage of time. Such assets include assets restricted for capital I acquisitions and debt service. Unrestricted-Net position that is not subject to externally imposed stipulations.Unrestricted net position may be designated for specific purposes by action of management or the Authority Board or may otherwise be limited by contractual agreements with outside parties. D. Budgets: Budgets are prepared on an annual basis for each major operating program and are used as a management tool throughout the accounting cycle. The capital fund budgets are adopted on a "project length" basis. Budgets are not, however, legally adopted nor legally required for basic financial statement presentation. 15 161 1 C COLLIER COUNTY HOUSING AUTHORITY Immokalee, Florida Notes to Financial Statements September 30,2015 NOTE 1: Summary of Significant Accounting Policies: (Continued) E. Cash and Cash Equivalents:For purposes of the Statement of Cash Flows,the Authority considers all highly liquid investments(including restricted assets)with a maturity of three months or less when purchased and non-negotiable certificates of deposit to be cash equivalents. F. Interprogram Receivables and Payables:Interprogram receivables/payables,when present,are all current, and are the result of the use of the Rural Housing Services Program as the common paymaster for shared costs of the Authority. Cash settlements are made periodically, and all interprogram balances net zero. Offsetting due to/due from balances are eliminated for the basic financial statement presentation. G. Investments: Investments,when present,are recorded at fair value.Investment instruments consist only of items specifically approved for public housing agencies by HUD and the U.S Department of Agriculture. Investments are either insured or collateralized using the dedicated method. Under the dedicated method of collateralization, all deposits and investments over the federal depository insurance coverage are collateralized with securities held by the Authority's agent in the Authority's name. It is the Authority's policy that all funds on deposit are collateralized in accordance with both HUD requirements and requirements of the State of Florida. H. Inventories: Inventories (consisting of materials and supplies) are valued at cost using the first in, first out(FIFO) method. If inventory falls below cost due to damage,deterioration or obsolescence, the Authority establishes an allowance for obsolete inventory. In accordance with the consumption method, inventory is expensed when items are actually placed in service. I. Prepaid Items: Payments made to vendors for goods or services that will benefit periods beyond the fiscal year end are recorded as prepaid items. 1 J. Use of Estimates: The preparation of basic financial statements in conformity with U.S. generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent liabilities at the date of the basic financial statements and reported amounts of revenues and expenditures during the reporting period.Actual results could differ from those estimates. K. Fair Value of Financial Instruments:The carrying amount of the Authority's financial instruments at September 30,2015 including cash,investments,accounts receivable,and accounts payable closely approximates fair value. 18 161 I c COLLIER COUNTY HOUSING AUTHORITY Immokalee, Florida 3 Notes to Financial Statements September 30,2015 NOTE 1: Summary of Significant Accounting Policies: (Continued) ¢° L. Capital Assets: 1. Book Value: All purchased fixed assets are valued at cost when historical records are available. When no historical records are available, fixed assets are valued at estimated historical cost. Land values were derived from development closeout documentation. Donated fixed assets are recorded at their fair value at the time they are received. Donor imposed restrictions are deemed to expire as the asset depreciates. All normal expenditures of preparing an asset for 3 use are capitalized when they meet or exceed the capitalization threshold. 2. Depreciation:The cost of buildings and equipment is depreciated over the estimated useful lives of the related assets on a composite basis using the straight-line method. Depreciation commences on modernization and development additions in the year following completion. The useful lives of buildings and equipment for purposes of computing depreciation are as follows: Buildings 20-30 years Modernization 15 years Office and other furniture 3-5 years 3. Maintenance and Repairs Expenditures: Maintenance and repairs expenditures are charged to operations when incurred. Betterments in excess of$500 are capitalized.When buildings and equipment are sold or otherwise disposed of, the asset account and related accumulated depreciation account are relieved, and any gain or loss is included in operations. M. Compensated Absences:Compensated absences are those absences for which employees will be paid, such as vacation and sick leave computed in accordance with GASB Statement No 16. A liability for compensated absences that is attributable to services already rendered and that are not contingent on a specific event that is outside the control of the Authority and its employees, is accrued as employees earn the rights to the benefits. Compensated absences that relate to future services or that are contingent on a specific event that is outside the control of the Authority and its employees are accounted for in the period in which such services are rendered or in which such events take place. N. Other Post Employment Benefits (OPEB): In relation to its employee benefit programs, the Authority does not provide any Other Post Employment Benefits, as outlined under GASB 45. 17 161 1C COLLIER COUNTY HOUSING AUTHORITY Immokalee, Florida IINotes to Financial Statements September 30,2015 NOTE 1: Summary of Significant Accounting Policies: (Continued) O. Litigation Losses: The Authority recognizes estimated losses related to litigation in the period in which the occasion giving rise to the loss occurred,the loss is probable and the loss is reasonably estimable. P. Annual Contribution Contracts: Annual Contribution contracts provide that HUD shall have the 1 authority to audit and examine the records of public housing authorities. Accordingly, final determination of the Authority's financing and contribution status for the Annual Contribution Contracts is the responsibility of HUD based upon financial reports submitted by the Authority. 1 Q. Risk Management:The Authority is exposed to various risks of loss related to torts;theft of,damage to,and destruction of assets;errors and omissions;injuries to employees;and natural disasters.The Authority carries commercial insurance for all risks of loss, including workers' compensation and employee health and accident insurance.Settled claims resulting from these risks have not exceeded commercial insurance coverage in any of the past three fiscal years.Additionally,there have been no significant reductions in insurance coverage from the prior year. R. Use of Restricted Assets: It is the Authority's policy to first apply restricted resources when an expense is incurred for purposes for which both restricted and unrestricted net positions are available. S. Operating Revenues and Expenses:The principal operating revenues of the Authority's enterprise fund are charges to customers for rents and services. Operating expenses for the Authority's ] enterprise fund include the cost of providing housing and services, administrative expenses and depreciation on capital assets. Revenues and expenses not meeting this definition are reported as nonoperating revenues and expenses. 3 NOTE 2: Deposits and Investments: For purposes of the Statement of Cash Flows, the Authority considers all highly liquid investments (including restricted assets)with a maturity of three months or less when purchased and non-negotiable certificates of deposit to be cash equivalents. There were no noncash investing, capital and financing activities during the year A. HUD Deposit and Investment Restrictions - HUD requires authorities to invest excess HUD program funds in obligations of the United States,certificates of deposit or any other federally insured instruments. HUD also requires that deposits of HUD program funds be fully insured or collateralized at all times. Acceptable security includes FDIC/FSLIC insurance and the market value of securities purchased and pledged to the political subdivision.Pursuant to HUD restrictions,obligations of the United States are allowed as security for deposits. Obligations furnished as security must be held by the Authority or with an unaffiliated bank or trust company for the account of the Authority. 113 161 10 COLLIER COUNTY HOUSING AUTHORITY Immokalee, Florida ElNotes to Financial Statements September 30,2015 gt NOTE 2: Deposits and Investments: (Continued) 3 B. Risk Disclosures A. 1. Interest Rate Risk:As a means of limiting its exposure to fair value losses arising from rising interest rates, the Authority's investment policy limits the Authority's investment portfolio to maturities not to exceed two years at time of purchase. At September 30, 2015,the Authority's deposits and investments were not limited and all of which are either available on demand or have maturities of less than two years. O2. Credit Risk:This is risk that a security or a portfolio will lose some or all of its value due to a real or perceived change in the ability of the issuer to repay its debt. The Authority's investment policy is that none of its total portfolio may be invested in securities of any single 0 issuer, other than the US Government, its agencies and instrumentalities. C. Deposit and investment Risks 3- The Authority held the following deposits and investments (there are no investments)at September 30, 2015. Carrying Deposits: Value Demand deposits $3,017,752 Time deposits 200.000 $3,217,752 Custodial Credit Risk: Exposure to custodial credit related to deposits exists when the Authority holds deposits that are uninsured and uncollateralized; collateralized with securities held by the pledging financial institution, or by its trust department or agent but not in the Authority's name; or collateralized without a written or approved collateral agreement. Exposure to custodial credit risk I related to investments exists when the Authority holds investment that are uninsured and unregistered,with securities held by the counterparty or by its trust department or agent but not in the Authority's name. The Authority's policy as it relates to custodial credit risk is to secure its uninsured deposits with collateral,valued at no more than market value,at least at a level of 100%of the uninsured deposits and accrued interest thereon.The investment policy also limits acceptable collateral to U.S.Treasury securities obligation of federal agencies, securities of government-sponsored agencies,and other instruments which may be approved bythe U.S.Department of HUD.As required by Federal 12 U.S. C.A.,Section 1823(e),all financial institutions pledging collateral to the Authority must have a written collateral agreement approved by the board of directors or loan committee. At September 30, 2015, the Authority was not exposed to custodial credit as defined above, 19 I 161 10 COLLIER COUNTY HOUSING AUTHORITY Immokalee, Florida 0 Notes to Financial Statements September 30, 2015 II NOTE 2: Deposits and Investments: (Continued) D. Deposit and Investment Risks(Continued) Investment Credit Risk:The Authority's investment policy limits investments to those allowed by the 1 U.S.Department of HUD.These investment limitations are described in Note 1.Credit risk is the risk that an issuer or other counterparty to an investment will not fulfill its obligations.The Authority has no formal policy limiting investments based on credit rating,but discloses any such credit risk associated with their investments by reporting the credit quality ratings of investments in debt securities as determined by nationally recognized statistical rating organizations-rating agencies-as of the year end. Unless there is information to the contrary, obligations of the U. S. government or obligations 3 explicitly guaranteed by the U. S. government are not considered to have credit risk and do not require disclosure of credit quality. 1 There are no investments as of September 30, 2015. Concentration of investment Credit Risk:Exposure to concentration of credit risk is considered to exist when investments in anyone issuer represent a significant percent of total investments of the Authority. Investments issued or explicitly guaranteed by HUD-approved instruments are excluded from this consideration. At September 30, 2015, the Authority had no concentration of credit risk as defined above. NOTE 3: Receivables Tenant Receivables 1 Dwelling rents (net of allowance for doubtful accounts of$29,085) $43,626 Fraud receivables (net of allowance for doubtful accounts of$11,431) 17.146 $60,77g Due from Other Governments Rural Rental Assistance (September 30, 2015 allocation) $55,543 HCV program 889 ROSS program 4,099 CDBG receivable 25.540 $86,071 ,-- I 20 161 1C 3 COLLIER COUNTY HOUSING AUTHORITY Immokalee, Florida 9 Notes to Financial Statements September 30,2015 _______ 1 . ,NOTE 4: Interprogram Receivables and Pavables Business USDA Activities HCV ROSS Total 0 A/R- USDA $ - $ 1,761,291 $ (28,600) $ (1,371) $1,731,320 NR- Business Activities (1,761,291) - (4,475) - (1,765,766) A/R- HCV 28,600 4,475 - 4,099 37,174 NR- Ross 1,371 - (4,099) - (2,728) $(1,731,320) $1,765,766 $ (37,174) $ - Intercompany Receivable $ 1,776,406 $ 15,115 $ 37,174 $ 1,371 $1,830,066 Intercompany Payable (45,086) (1,780,881) - (4,099) (1,830,066) $ 1,731,320 $(1,765,766) $ 37,174 $ 2728 $ - All interprogram receivables and payables have been eliminated on the financial statements. NOTE 5: Prepaid Expense Prepaid insurance at September 30, 2015 was 106,888. NOTE 6: Capital Assets The capital assets (at cost)of the Collier County Housing Authority at September 30, 2015 consisted of the following: Balance at Balance at Sept.30,2014 Additions Deletions Transfers Sept.30,2015 1 Nondepreciable capital assets: Land $ 2,568,713 $ - $ - $ - $ 2,568,713 Construction in progress 9,000 401228 - - 410,228 2,577,713 401228 2,978,941 Depreciable capital assets: Buildings and improvements 29,456,367 255,403 - 19 29,711,789 Furniture,equipment,vehicles 2,021,402 27266 (19) 2,048,749 31,477,769 282,769 - - 31,760,538 I Accumulated Depreciation: Buildings and improvements (23,869,442) (1,143,495) (25,012,937) Furniture,equipment,vehicles (1,842,803) (6,292) 1 (1,849,094) (25,712,245) (1,149,787) - 1 (26,862,031) Total Capital Assets,net $ 8,343237 $ (465,790) $ - $ 1 $ 7,877,448 21 161 Ic COLLIER COUNTY HOUSING AUTHORITY Immokalee, Florida Notes to Financial Statements September 30, 2015 0 NOTE 7: Long-Term Debt—Line of Credit: A. The outstanding balance of Line of Credit Notes in the Business Activities (Horizon Village) at September 30, 2015 was$299,961. Interest and principal shall be paid as follows: a. Annual principal payments of$20,000 each plus accrued interest shall be payable in arrears on the 15th day of November 2005, and on the 15th day in the month of November in each subsequent year of the loan term; b. If the due date for any payment hereunder would fall on a day that is not a business day(i.e., a day that is a Saturday,Sunday or banking holiday),then the payment shall instead be due on the next succeeding business day; and c. Interest shall cease to accrue on any amount of principal paid in advance of its due date. jInterest Rate- The unpaid principal balance of the Note, shall bear interest, while current, at the Applicable Interest Rate. As used in this Note,the term "Applicable Interest Rate" means: • Since the interest paid in connection with this Loan is exempt from income taxation by the United States of America and by the State of Florida,the Applicable Interest Rate shall be an annual rate of interest equal to one percent(1 %) less than the"highest prime rate" of interest published in the Wall Street Journal, but not less than three percent(3%) per annum. The outstanding balance of Notes Payable at September 30, 2015 was $299,961. The notes are payable each year in the amounts listed below: September 30, Principal Interest Total 2016 20,000 8,999 28,999 2017 20,000 8,399 28,399 2018 20,000 7,798 27,798 1 2019 20,000 7,198 27,198 2020 20,000 6,599 26,599 2021-2025 100,000 23,995 123,995 2026-2030 99,961 8,995 108,956 $ 299,961 $ 71,983 $ 371,944 Interest expense for the year ended September 30, 2015 was $9,241. There was no capitalized interest expense for the year ended September 30, 2015. The debt is secured by the property purchased in conjunction with the above financing as reported above I 22 161 1 C 1 COLUER COUNTY HOUSING AUTHORITY Immokalee, Florida Notes to Financial Statements September 30, 2015 0 NOTE 7: Long-term debt—Line of Credit: (Continued) B. The outstanding balance of Line of Credit Notes in the Farmers Home Program at September 30, 2015 was$0 and the Line of Credit Notes in the Component Unit(CCHA Land Inc.)at September 30, 0 2015 was$0. The notes were transferred to Business Activities and paid off during the year from the proceeds from new debt as follows: 0 Promissory note to bank in the amount of$219,150(dated September 29,2015)at an interest rate of 3.5%. Payable in 84 monthly installments of interest and principal of$2,950. Final payment due by September 29, 2022. Unsecured. 0 The outstanding balance of the notes payable at September 30, 2015 was$219,150. The notes is payable each year in the amounts listed below: September 30, Principal Interest Total 2016 28,184 7,221 35,405 2017 29,186 6,219 35,405 2018 30,224 5,180 35,404 2019 31,299 4,106 35,405 2020 32,413 2,992 35,405 2021-2025 67,844 2,484 70,328 $ 219,150 $ 28,202 $ 247,352 NOTE 8: Lona Term Debt: Revenue Bonds Payable:Capital facilities are financed by debt which is guaranteed and subsidized by U. S. Department of Agriculture, Rural Housing Services (RHS). The Authority presently has bonds payable on its farm laborer housing projects which are due annually in installments of varying principal and interest amounts. Revenue bonds payable at September 30, 2015 are as follows: Collier County Housing Authority Revenue Bonds, Series D, 1%, due annually on September 1 in principal amounts of$24,380 to$33,000 with interest to September 1, 2023 $ 252,000 Collier County Housing Authority Revenue Bonds, Series E, 1%, due I annually on September 1 in principal amounts$27,000 to$36,000 with interest to September 1, 2031 537,000 I Collier County Housing Authority Revenue Bonds, Series F, 1%, due annually on September 1 in principal amounts of$39,072 to$52,000 with interest to September 1, 2032 829.000 Total long-term debt $1,618,000 23 161 IC El 0 COLLIER COUNTY HOUSING AUTHORITY Immokalee, Florida 9 Notes to Financial Statements September 30, 2015 NOTE 8: Long Term Debt: (Continued) 0 The revenues of the project are pledged to the payment of principal and interest on the revenue bonds. The bonds are redeemable before maturity, at the option of the Authority, in inverse numerical and maturity order, on any interest payment date upon giving 40 days written notice to Rural Housing Services. Maturities of long-term debt for each of the five succeeding years and in the aggregate are as follows at September 30, 2015: 1 Bond Principal Series D Series E Series F Total 2016 30,000 31,000 45,000 106,000 0 2017 31,000 32,000 46,000 109,000 2018 31,000 32,000 46,000 109,000 2019 31,000 32,000 46,000 109,000 0 2020 32,000 32,000 47,000 111,000 2021-2025 97,000 167,000 241,000 505,000 2026-2030 0 175,000 254,000 429,000 2031-2035 0 36,000 104,000 140,000 ]i' $ 252,000 $ 537,000 $ 829,000 $ 1,618,000 Bond interest Series D Series E Series F Total 2016 2,520 5,370 8,290 16,180 2017 2,220 5,060 7,840 15,120 2018 1,910 4,740 7,380 14,030 2019 1,600 4,420 6,920 12,940 2020 1,290 4,100 6,450 11,840 2021-2025 1,920 15,590 25,180 42,690 2026-2030 0 7,090 12,940 20,030 2031-2035 0 360 1,560 1,920 $ 11,460 $ 46,730 $ 76,560 $ 134,750 Sinking Fund Debt Service Account: Under the terms of the revenue bonds,a sinking fund has been established to provide debt service funding.After operation and maintenance requirements are met,the Authority transfers to the sinking fund debt service account such amounts as may be due of interest and principal on the bonds. The amount required to be transferred during the year ended September 30, 2015 in order to meet debt service requirements was $123,240 which was accomplished. The cash balance in the sinking fund debt service account at September 30, 2015 was$1,760. 1 i Sinking Fund Reserve Account: Immediately after each transfer to the sinking fund debt service account, any excess funds are deposited in the sinking fund reserve account. Funds in the reserve account are only withdrawn upon written prior approval of Rural Housing Services: 24 161 1 C COLLIER COUNTY HOUSING AUTHORITY Immokalee, Florida Notes to Financial Statements September 30,2015 NOTE 8: Long Term Debt: (Continued) Sinking Fund Reserve Account: (Continued) The Authority is required to make monthly reserve deposits in the amount of$33,333 plus the amount of any deficiency in prior deposits to the reserve account until funds and investments in the reserve account shall equal$2,514,900.There were no deposits made (other than interest) into the account during the year as the reserve account balance exceeded the$2,514,900 requirement(prior to the approved usage of funds in July 2015 for capital improvements as noted below). The aggregate deposits to the reserve account and interest earned for the year ended September 30, 2015 were $2,189,963 (after the approved usage of funds for capital improvements as noted below)which was under the required annual aggregate deposits. Withdrawals from the sinking fund reserve account are authorized for the following purposes: a. To meet principal and interest payments due on the bonds in the event the sinking fund debt service account balance is not sufficient for that purpose. b. To pay costs of extraordinary repairs or replacements to the project which is not considered current expenses. c. To make improvements or extensions to the project. d. For other purposes desired by the Authority which will promote its purpose without jeopardizing the collectability of the bonds or underlying security. e. To the extent the reserve account exceeds$2,514,900,to purchase bonds before maturity in the prescribed manner. Supplemental Information: (Schedule of Funding Reserve) a. Investment Reserve Funds Sinking Fund Debt Service Account (Principal and Interest) Beginning balance $ 0 Transfers to Debt Service Account including interest earned 125,000 Withdrawals for payment of principal and interest (123.2401 Ending balance 1,760 Sinking Fund Reserve Replacement Account Beginning balance-less transfers to replacements and operations 2,513,445 Transfers to reserves including interest earned—net 6,675 Use of reserves for capital improvements ( 330,166) Ending balance 2,189,963 Total Investment Reserve Fund 2,189,963 Fully Funded Balance per Loan Agreement 2.514.900 Excess/(Deficiency) of Reserves on Hand $(324,937) 25 161 ic 0 0 COLLIER COUNTY HOUSING AUTHORITY Immokalee, Florida Notes to Financial Statements September 30, 2015 NOTE 8: Long Term Debt: (Continued) b. Compliance with Bond Indentures Requirements:The Collier County Housing Authority,Farm Worker Village,has met and exceeded the bond indenture and reserve requirements outlined in this report, as reported in this note, when considering approved withdrawals from Rural Development for long-term improvements.All interest earnings on invested funds are deposited monthly by the Bank directly into the Housing Authority's cash account and transferred to the reserve account. Construction Fund The construction fund is used to account for grant and loan funds received from Rural Housing Services and other sources and to record construction activities. During the year ended September 30,2015,there were no expenditures from the Construction Fund for authorized construction activity. In the Rural Housing Services enterprise fund, reservations of unrestricted net position have been `5 established in conjunction with debt issuance requirements or policy directives as stipulated by the respective aforementioned funds. NOTE 9: State Housing Initiatives Partnership Business Activities(Horizon Village) Loan: The outstanding balance of the SHIP Loan Payable at September 30, 2015 was$107,292.The loan is payable each year in the amounts and at the interest (at 0% interest) listed below: 7A September 30, Principal Interest Total 2016 13,412 0 13,412 2017 13,412 0 13,412 2018 13,412 0 13,412 1 2019 13,412 0 13,412 2020 13,412 0 13,412 2021-2025 40,232 _ 0 40,232 $ 107,292 $ 0 $ 107,292 Interest expense for the year ended September 30, 2015 was $0. There was no capitalized interest expense for the year ended September 30, 2015. Interest: Interest on this Note shall be zero percent(0%) per annum;except that if the Authority fails to pay this Note as required,the interest rate shall be twelve percent(12%)per annum from the date when payment of this Note is due until the Authority pays it in full.The Authority did not fail to pay the principal payment for FY 2015 and is therefore not required to pay future payments at 12% interest as of FY2015. I 26 161 ic ,t, COLLIER COUNTY HOUSING AUTHORITY Immokalee, Florida Notes to Financial Statements September 30,2015 O . _ ________ NOTE 9:State Housing Initiatives Partnership Business Activities(Horizon Village)Loan:(Continued) 0 Payments: Principal payments shall be deferred for a period of three years from date disbursed with seventeen equal yearly payments of$13,412 due beginning on September 1, 2007 and continuing for 0 seventeen years thereafter until payment in full of $228,000 is received on August 1, 2024. The Authority's total payment shall be $228,000. NOTE 10: Schedule of Changes in Noncurrent Liabilities: September 30,2014 September 30,2015 Long-Term Current Additions Pay Long-Term 0 Portton Portion y Portion Current Portion Compensated Absences $ 30,216 $ 30216 $ - $ (28297) $ 16,069 $ 16,066 Other Liabilities(FSS Escrow) 59,420 - - (23,507) 35,913 Notes Payable 645,728 42,719 219,150 (281,194) 564,807 61,596 Bonds Payable 1,618,000 106,000 - (106,000) 1,512,000 106,000 $ 2353,364 $ 178,935 $ 219,150 $ (438,998) $ 2,128,789. $ 183,662 NOTE 11: Schedule of Changes in Net Position: Net Investment Restricted Unrestricted In Capital Assets Net Position Net Position Total Balance,beginning of year $ 6,619,237 $ 2,631,282 $ (196,756) $ 9,053,763 Changes in net position - - (299,128) (299,128) Changes in net investment in capital assets (359,789) - 359,789 - Changes in restricted net position - (407,025) 407,025 - Balance,end of year $ 6,259,448 $ 2,224,257 $ 270,930 $ 8,754,635 NOTE 12: Annual Contributions from HUD: Annual Contributions Contract A-3402—Section 8 programs provide for housing assistance payments to 1 private owners of residential units on behalf of eligible low or very low-existing and moderately rehabilitated housing covering the difference between the maximum rentals on a dwelling unit,and the amount of rent contribution by a participating family and related administrative expense.The Authority is also eligible to receive reimbursement for preliminary expenses prior to lease up. HUD contributions for the Section 8 Housing Choice Voucher program for the year ended September 30, 2015 were $3,133,390. I 27 I 161 ic COLLIER COUNTY HOUSING AUTHORITY immokalee, Florida Notes to Financial Statements September 30,2015 9 NOTE 13: Economic Dependency The Authority receives approximately 68%of its revenues from the U.S. Department of Agriculture and the U.S. Department of Housing and Urban Development (HUD). If the amount of revenues received from these federal agencies falls below critical levels, the Authority's reserves could be adversely affected. NOTE 14: Commitments and Contingencies Commitments As of September 30, 2015,the Authority has a purchase commitment with a general contractor in the amount of$9,488,000 related to rehabilitation of USDA Farm Labor Housing units. The construction project will be funded with $9.2 million in USDA bond and grant funds as discussed in Note 18, "Subsequent Events." Contingencies The Authority is subject to possible examinations made by Federal and State authorities who determine compliance with terms,conditions,laws and regulations governing other grants given to the Authority in the current and prior years.There were no such examinations for the year ended September 30,2015. However,the Authority was notified by the United States Department of Agriculture("USDA")regarding concerns over certain aspects of the operations of the USDA program. One of the concerns raised was that the Authority was in excess of$430,000 above what was budgeted for operating and maintenance for the 2014 fiscal year In addition,the USDA stated that there is an indication that project funds have been utilized for purposes unrelated to Rural Development's housing project. The USDA asserts that 3 allowable expenses include those expenses that are directly attributable to housing project operations and are necessary to carry out successful operations and that housing project funds may not be used for "purposes unrelated to the housing project." As a result of the notification, the Authority engaged a 3 forensic auditor to determine the extent of co-mingling of funds and the amount of project funds that were utilized for unallowable expenses. See "Note 18" for the results of the forensic audit. The amounts determined to have been expensed by the USDA program have been adjusted and recorded as a receivable from the respective other programs and recorded in the financial statements. I i , I 28 1 161 ic I: 11 COLLIER COUNTY HOUSING AUTHORITY Immokalee, Florida Notes to Financial Statements September 30, 2015 a —a.(07HARt.n NOTE 14: Commitments and Contingencies (Continued) il Litigation 0 As of September 30,2015,the Authority was involved with various litigations arising from operation of its rural development housing program. In the opinion of the Authority's legal counsel such losses, if any, resulting from litigation would be adequately covered by insurance, except for the following: The former Executive Director brought suit against the Authority and alleges a breach of contract and wrongful termination and is seeking severance pay and payment of attorney fees from the Authority. The Authority asserts that the former Executive Director was terminated for just cause and is not entitled to severance pay. The Authority is contesting the lawsuit. It is not possible to predict the likelihood of an unfavorable outcome. As the outcome is uncertain,there are no adjustments recorded in the financial statements regarding this uncertainty. NOTE 15: Related Party Transactions There were no related party transactions for the year ended September 30, 2015. NOTE 16: Leasing Activities(as Lessor): The Authority is the lessor of dwelling units mainly to low-income residents.The rents under the leases are determined generally by the resident's income as adjusted for eligible deductions regulated by HUD and Rural Development. Leases may be cancelled by the lessee at any time.The Authority may cancel f the lease only for cause. Revenues associated with these leases are recorded in the basic financial statements and schedules as "Rental Revenue".Rental Revenue per dwelling unit generally remains consistent from year to year,but is affected by general economic conditions which impact personal income and local job availability. NOTE 17: Operating Leases: The Authority is committed under a continuing non-cancelable lease for office space. This lease has been accounted for as operating leases in the accompanying basic financial statements.The office lease is not subject to an annual escalation clause. Future minimum lease payments required under these leases are as follows: Future minimum lease payments required under these leases are as follows: September 30, Office Space 2015-2016 $ 7,725 I 29 161 1C COLLIER COUNTY HOUSING AUTHORITY Immokalee, Florida Notes to Financial Statements September 30,2015 NOTE 18: Subsequent Events Events that occur after the balance sheet date but before the financial statements were available to be issued must be evaluated for recognition or disclosure. The effects of subsequent events that provide evidence about conditions that existed at the balance sheet date are recognized in the accompanying financial statements. The following subsequent event was recognized in the financial statement. The Authority underwent a forensic audit(see Note 14"Contingencies")to determine the amount of funds expended in the USDA program related to other programs. As a result of the forensic audit report issued In February 2016, the following intercompany receivable was recorded in the Rural Housing program and is due from the Business Activities program: 2013 business activity expenses paid by the USDA program $ 227,300 2014 business activity expenses paid by the USDA program 438,987 2015 business activity expenses paid by the USDA program 511.985 Total $ 1,178,272 Subsequent events, which provide evidence about conditions that existed after the balance sheet date, require disclosure in the accompanying notes. Management evaluated the activity of the Authority through March 15, 2016 and concluded that nothing occurred subsequent to the balance sheet date that would require disclosure in the Notes to the Financial Statements, except for the following: Effective December 10,2015 the Authority entered into a Labor Housing Grant Agreement with the United States Department of Agriculture(USDA). The Agreement provides for a grant in the amount of$5,263,246. An additional$4,000,000 will be provided by the USDA in the form of a loan to the Authority(via issuance of Revenue Bonds to the United States Department of Agriculture—Rural Development) repaid over the term of 33 years at 1% interest. The purpose of the grant and bond issue (total of$9,263,246) is to finance the rehabilitation of 315 units of Farm Labor Housing. 1 30 161 I (11; 0 H 1 , M(5 ' 3AR FM? ' Ai I g LI" gla' R§:7: 01 " 2 . 41 g 1 li;Ilig.TI ' M §E,g§1, § . . . . . _ . _ . . VIU MI ni ri Csi W 1.■,.., .7 1 ,_ni ,.4 (0 tSi 43 .2 1 [11 1 i ‘4 . . . Ff . • • In 3. WI g, 40 — . " g " I g WI ' " " .1 :Ai §1 § 5 i 1 ..., ..; ..: 0)1 1 g 8.41gli lv“ 0, Igi?1.-8wm :481..,,,g iii. 2W g ..-, 0 1 8° • ' — 1 , gl — • ' " " " •* • " " 0 g 511 gg g I . .1 . toil i 1p FOMM aA ' EF ' RI MUA§ ' A UV4 § ' '^' 1-0 cil P - --" r. st... ...• .--ni rim 6 ,-; M M ni•-" ri Ei I 4" 1il E. g .1 ;-.-, . x x . 1 7 a H U) 0 1 1 1 , i 2 • — §V ' '`..; .71 01 0 . . . . 1 . 1 . , . . . 0, ' " RIZ R1 ncl srl -- . 1,..: H 1 1 1 'g 1 . . .. . .1 (71 1:$1 " 01 0 t 1 SA . 1 ml 2' 1 01 . , — , . . . . . . . . . . , , . . .1 $ HA 1 S 1-1, g , . 1 1 . . ] f I? t'ig3 Full R2 RI ., R , . ., z . cr§ iidlg-Lc"'gg! (. Q°4".T. .52 In 3g4 tr4 S'4 4 :1157 ' Vigg i - ' 1 ,CC '9 VI 1 it 4 i 9 4.9 P 1 WU' U 1 § I d ] . i 8 §o 1 g i i g 2 ip i ,.. _ „ . . . Ix 1 g i 1 3 z 5 • r O iI.60 t ;WI 1 i 1 . . "1 $ i / Ne ci ict, •m-a 2 ; g> rg umar. i g 1 M WO g'' . i", § g ii = t 110 :10 .. 0115 . . -5Ilt El i.i . go t 2 2 .. W14-"i 12 I lit H I op, ;I & .. t t € .; ; 1 w ilt Itg 'tt i s .,23 ,t :7 $- . §, 1 . z 2'31 " ° I' m HRH t I:, 4510 '115 Apt§ i E g.:13 e „ .... , t. a ..-. . 1 . < %.1. .5, p,.. P-. o , i.E. . t laptE ; tra g i m p04 A ;RI- 1z8(§ 13 5 - 11 - I-H., . vgl„ ? ii4, giA, La ia i 1 • ,-.Q$.288 1 81A 1 -Igs 8 A .., 8 a % z 1 161 ic 0 CO. lnam •- olp tO .- 0100 OV ^ M 10 V. m(D at p�V COD ram- Obi_c0()) f7� N O VI N , ^ top! 0 � 0 m I n op. co w co V c oi Q C9 v C O v ui iD of 7 D) 10 c9 c`D �A N N N p A r' N P7 r Ip 01 CD N O E 0 , , . , Cu- 2 O to m CO rn v M CD ^ CO r IH CO m O ^ COD Q aO Cpp O N U) 0 N CO (0 .O n CD co at 7 01 co_N CO.1. N aD O N. tO'.. � �� §� g 0 (0 (0 cri v000 1aa� 0) a B 3 3• M 1A s t() U) v N N O N. C�'-(0 0) WI w0 O' O g 0 0 o a) o cn ce en N a CO V OCD NNO' NO CO Op 12f 7 0{p) C) C)10 i•-•1: ^ t00 N C� t0 O O�CO QI ID al V t0 10 O R '7 N CO I+Oj N ON/ O1 0 01 co O N O sr a)ONI h t0 O P) [�l 1a� u1 en CO Q co N (9 1(I a u r' Iv 1A O W r O. u°Qi a cn m v''. F E w 40 01 10 r N N N 0- ^ C9 cc mU 0 LL /A 0 C N rn ) ' 0) ' ' 01 O co , . . , , , , O• n n N co r- ot N. r C7 N A m co 10 ¢ N N N N I U a '9 a A" .0 a O tcd 1- G o!1 , .'C = v5,_ a o a 0 ° m o 0 0 Q.O 0 LL .0 y_I R s we > E a � o m S w se 1 a y O c 0 0 oi 0 ° a m a v v_ cif p Ca a co co 10 O1 zO E 1 c N N N 0 E Q 8 `■ • O t ; W CO a 01 O CV O1 co CO aO N CI 0 ' (9 CO O 0 i ••C > W ' N(Ippp 0 COD co.N Ina co 0 g cq c O CO V cZ l0 = CD N Nf` @A9r ONR N : : :CV a CO of of C4 ri u) c �, 8 m rn wa. I N N • V N N N 1, 4" T O co K 01 .y fp Cpp e_� 0011_ �fapO tn�pp 0 �tNpO 0 0p N7 CO R b , '7 M n N T N CpVnp� p�1 n O PO.. H7, O f0 OlN N N N 71r IO CCV Cl O ` N N N 10 t0 t0 lq �p g t` N c £ Q ,_ n pI is H 49 i. Gf Q Q�1 i G N c y C N E N co N ..y. C T a co a a m E a a C N a � c01 m '� o. x E a �° m w o1 i �o+ v i ii C N a C T. ro g ") mv a 8 � �g1 0 � ,tea � a m ` c°a g a 0 0- ae A 2) c co a a o h c c cm�� w mom Emc '" % c° CEOro E o 0 co > C % a a d % Z d @ CA,a tl A U N O i.7) 6 a v [1 O h m a Q > O a)::: :13 m a coo S a y C C C ccoO1 ea c°'cc � �2'i -m � ro 0. � Hwp °c m 'Q o- m m la ' apm `ao m caa+`uio ° O mma Z 3 x W Z Z E o c ° a.� a s �F m ° o OO��F' Ovm E aoa Z .. .. mZ CJ C 012=00 �QI—OOH C7=p c c cUr IR A 161 ic p., COLLIER COUNTY HOUSING AUTHORITY Immokalee, Florida Farm Worker Subsidized Housing Program Supplemental Information September 30,2015 [1 $ 0 The following is supplemental information requested by the U.S.Department of Agriculture—Rural Housing Services (formerly Farmers Home Administration). 1. Schedule of Insurance Coverages At September 30, 2015, the Authority had the following insurance coverage in effect: Amount of Insurance Carrier Type of Coverage Coverage Term Fidelity bond/Employee Dishonesty Hartford Insurance Company $100,000 Deductible $2,000,000 07/12/15-07/12/16 Opticom Insurance Workers'Compensation Statutory 10/01/14-10/01/15 Florida PH Authority Insurance Automobile liability $500,000 05/01/15-05/01/16 Florida PH Authority Insurance Property,Office Building&Personal $49,076,795 05/01/15-05/01/16 Property.Fire&Extended Coverage (90%coinsurance) I Florida PH Authority Insurance General Liability Personal Injury, $2,000,000 05/01/15-05/01/16 products,advertising,property damage US Liability Insurance Directors&Officers Liability $1,000,000 05/22/15-05/22/16 Fidelity&Deposit Company Employee dishonesty $100,000 07/12/15-07/12/16 ITT Harford Insurance Company Employee dishonesty(ERISA Bond) $100,000 07/12/15-07/12/16 2. Exemption from Real Estate and Income Taxes-The Authority is a public body corporate and I politic pursuant to Chapter 421, Laws of the State of Florida, which is subsidized by the federal government.The Authority is not subject to federal,state income taxes,or local property taxes,nor is it required to file federal and state income tax returns as a public body corporate and politic pursuant to Chapter 423, Laws of the State of Florida Laws of the State of Florida. 1 3. Reserves-The Housing Authority has maintained adequate reserves for operations and Bond debt service at September 30, 2015. See also notes to basic financial statements. 4. Accounting Records and Fixed Asset Control-The accounting records maintained are adequate to facilitate budgetary reporting and analytical purposes. The fixed assets are also adequately safeguarded by the Authority personnel. 5. Financial Reports-The financial reports included in this audit are in agreement with the accounting records of the Authority after audit adjustments have been made. 33 I 16 I 1 c COLLIER COUNTY HOUSING AUTHORITY Immokalee, Florida Farm Worker Subsidized Housing Program Supplemental Information September 30,2015 6. Deposit Funds - We noted that deposit funds are adequately insured by the FDIC and properly collateralized and are at or exceed the required reserve levels required under the Loan and Grant Agreement as of September 30, 2015. 7. Comments on Compliance and Administrative Internal Control - We have audited the basic financial statements of the Collier County Housing Authority and have issued our report thereon dated March 15, 2016. We have also issued a report dated March 15,2016,on our consideration of the Authority's internal control over financial reporting and on our tests of its compliance with certain provisions of laws, regulations, contracts, and grant agreements and other matters. The purpose of that report is to describe the scope of our testing of internal control over financial reporting and compliance and the results of that testing,and not to provide an opinion on internal control over financial reporting or on compliance. That report is an integral part of an audit performed in accordance with Government Auditing Standards in considering the Authority's internal control over financial reporting and compliance. Finally, we have also issued a report on the Authority's compliance with the types of compliance requirements described in the OMB Circular A-133 Compliance Supplement that could have a direct and material effect on each of the Authority's major federal programs for the year ended September 30, 2015. The Authority's major federal programs are identified in the summary of auditor's results section of the accompanying schedule of findings and questioned costs. 8. Other Findings or Recommendations for the Period Ended September 30, 2015 — See the schedule of findings and questioned cost as well as the management letter dated March 15,2016 for findings and management comments. 9. The Required Schedule of Expenditures of Federal Awards along with required reports on Internal Controls and Federal Compliance as outlined under Office of Management and Budget (OMB) Circular A-133 were issued to the Authority as one report, as mandated by the Amended Single Audit Act of 1996 Amendment(Public Law 104-156). 10.Accounts Receivable-Tenants - Tenants accounts receivable at September 30, 2015 totaling $67,201 were accounts aged at ninety days (90) or less. 11.Accounts Payable consists of$44,382 at September 30, 2015. This balance which is payable to reoccurring vendors is for services or purchases of ninety days (90) or less. 12. Management Fees - The Collier County Housing Authority is the owner of the Farm Worker Subsidized Housing Program,and does not charge any management fees to administer this project. 1 34 161 1C COLLIER COUNTY HOUSING AUTHORITY Immokalee, Florida 0 Farm Worker Subsidized Housing Program Supplemental Information September 30, 2015 0 13. Schedule of Financial Institutions Where the Housing Authority Maintains Its Bank Accounts Name of Financial Institution Account Name Account Balance Classification Florida Community Bank Certificates of Deposit $ 100,000 USDA Restricted 1255 Tamiami Trail CCHA Land,Inc. 6,596 Port Charlotte, FL 33953 106,596 Bank of America Section 8 Operation 206,782 PO Box 31590 Payroll Account 12,561 Tampa. Florida 33631-3590 Operational Maintenance-RD 9,036 TBRA Operating 295 kt 228,674 9 First 1 Bank USDA Reserve Account 1,989,963 USDA Restricted 1300 N. 15 St Suite 2 COCC Payroll Account 90,000 Immokalee,FL 34142 CCHA Land,Inc. 34,221 Horizon Village Operating 15,410 AB Revenue Account 255,803 AB Security Deposit Fund 47,853 2,433,250 First Florida Integrity Bank Security Deposit Fund RD 128,130 PO Box 10910 Certificates of Deposit 100,000 USDA Restricted Naples, FL 34101-0910 Bond&Sinking Fund 1,760 Revenue Account USDA 115,364 L TBRA HOME Operating 42,642 Section 8-Admin Funds 53,473 Section 8-Escrow 7,475 Construction Account - 448,844 Petty Cash&Return Check Fund 388 $ 3,217,752 The above amounts were confirmed with the institutions listed at September 30, 2015. 14. Schedule and Computation of Current Return to Owners Allowed-Not applicable, because the Authority is a legal public Authority and not a private enterprise. i 35 161 10 1 COLLIER COUNTY HOUSING AUTHORITY Immokalee, Florida Farm Worker Subsidized Housing Program Supplemental Information September 30, 2015 0 - - 8 15. Schedule of Changes in Owners and Board of Commissioners-This is a local Public Authority and can never change its owners.The following is a list of the current Board of Commissioners. Commissioner Expiration of Term Address Z Floyd Crews October 27, 2015 Immokalee, Florida David B. Gerson November 7, 2018 Naples, Florida Bill McDaniel October 17, 2018 Naples, Florida Rebecca M. Vaccariello November 7, 2017 Naples, Florida Cynthia Buckley November 4, 2016 Naples, Florida 16.Schedule of Rental Information Number of Gross Potential Unit Size Units Rental Rate Months Rent One bedroom unit 33 $ 425 12 $ 168,300 ii Two bedroom unit 111 451 12 600,732 Three bedroom unit 102 477 12 583,848 Four bedroom unit 69 499 12 413,172 315 i ______ ____ $ 1766,052 The Authority is planning to demolish/convert 50 units and rehabilitate the j' remaining 315 units. The rehabilitation project started in early 2016. Actual Rental Revenue Percentage Amount Tenants 55.44% $ 851,991 RHA rental assistance subsidy 44.56% 684,895 $1,536,886 Note 1- Rental rates were effective October 1, 2008. Management provides for the monthly collection of rent 17. Real Estate Taxes-The Authority is a local public body corporate and politic and is tax exempt by State of Florida, Section 423. 38 1 161 1 C C . e'•' .,„ , 1ioitsing4iillx i! March 15, 2016 tiUSDA Rural Development Office 420 South State Road 7 Suite#166 Royal Palm Beach, FL 33414 In accordance with the criteria specified in Section 5; Paragraph 4.32 C. of the USDA Rural Development Handbook(HB-2-3560)for the year ended September 30, 2015,the borrower must self-certify that Collier County Housing Authority (the Authority) is in compliance with the nine performance standards. The following if is a summary of our compliance with the performance standards. 1. The required accounts are properly maintained and tracked separately.The accounts we maintain are marked below: I 1- X Operating Account(s) X Security Deposit Account X Tax and Insurance Account X Reserve Account X Other Accounts: Debt Service 2. The payments from operating account(s) are disclosed and accurately represented. 3. The reserve account(s): a. is on schedule with the Agency required minimum funding requirements; b. is maintained in a supervised bank account that requires the Agency's countersignature on all withdrawals; c. is on .schedule with contributions to the reserve account for the current year with the Agency required minimum funding; and d, has no encumbrances on the reserve funds. 4. The tenant security deposits accounts are fully funded and are maintained in separate accounts. 5. The payment of owner return was: Not Applicable(owner is a government entity) N/A paid in the amount of$-0-for the 2015 fiscal year and was in accordance with the Agency's requirements OR N/A not paid during the reporting year OR N/A not allowable due to our nonprofit status OR N/A not allowable due to our nonprofit status. An asset management fee in the amount of$-0 was paid for 2015 fiscal year. 37 I 161 Ic El 6. The borrower has maintained proper insurance in accordance with the requirements in 7CFR 3560.105. Coverage maintained for the Authority is as follows: X Liability Insurance _ Flood Insurance 8 X Property Insurance _ Earthquake Insurance X Fidelity Bond X Other: Public Officials Liability il7. All financial records are adequate and suitable for examination. 8. There have been no changes in the ownership of the Farm Worker Subsidized Housing Program, other than those approved by the Agency and identified in the certification. The Board of Commissioners is active and maintains oversight responsibilities for the project. 9. Exemptions from Real Estate and Income Taxes: The Authority is a public body corporate and politic pursuant to Chapter 421, Laws of the State of Florida, which is subsidized by the Federal Government.The Authority is not subject to Federal, State income taxes, or Local property taxes, nor is it required to file Federal and State income tax returns as a public body corporate and politic pursuant to Chapter 423, Laws of the State of Florida. I certify that the above is true, accurate and is properly supported by documentation kept in our files 6,44inmislub Oscar = el, Executive Director Collier County Housing Authority ] 38 b , 161 1C Barton 13137- 66th Street,Largo,FL 33773 � U - ,� Gonzalez Phone:(727)344-1040 Fax:(727)533-8483 & Myers, P.A. www.bartoncpas.com 11 A Certified Public Accountants REPORT ON INTERNAL CONTROL OVER FINANCIAL REPORTING AND ON COMPLIANCE AND OTHER MATTERS 1:1 BASED ON AN AUDIT OF FINANCIAL STATEMENTS PERFORMED IN ACCORDANCE WITH GOVERNMENT AUDITING STANDARDS 0 Board of Commissioners Collier County Housing Authority Immokalee, Florida We have audited, in accordance with the auditing standards generally accepted in the United States of America and the standards applicable to financial audits contained in GovemmentAuditing Standard issued by the Comptroller General of the United States, the financial statements of the Collier County Housing Authority(the"Authority"), as of and for the year ended September 30, 2015, and the related notes to the financial statements,which collectively comprise the Authority's basic financial statements,and have issued our report thereon dated March 15, 2016. UInternal Control Over Financial Reporting In planning and performing our audit of the financial statements, we considered the Authority's internal L. control over financial reporting (internal control)to determine the audit procedures that are appropriate in the circumstances for the purpose of expressing our opinions on the financial statements,but not for the purpose of expressing an opinion on the effectiveness of the Authority's internal control. Accordingly, we do not express an opinion on the effectiveness of the Authority's internal control. A deficiency in internal control exists when the design or operation of a control does not allow management or employees,in the normal course of performing their assigned functions,to prevent,or detect and correct, misstatements on a timely basis.A material weakness is a deficiency, or a combination of deficiencies, in internal control, such that there is a reasonable possibility that a material misstatement of the entity's financial statements will not be prevented, or detected and corrected on a timely basis. A significant deficiency is a deficiency, or a combination of deficiencies, in internal control that is less severe than a material weakness, yet important enough to merit attention by those charged with governance. .] Our consideration of internal control was for the limited purpose described in the first paragraph of this section and was not designed to identify all deficiencies in internal control that might be material weaknesses or, significant deficiencies. Given these limitations, during our audit we did not identify any deficiencies in internal control that we consider to be material weaknesses. However,material weaknesses may exist that have not been identified. 1 39 I 161 1 C 0 Compliance and Other Matters As part of obtaining reasonable assurance about whether the Authority's financial statements are free from 0 material misstatement, we performed tests of its compliance with certain provisions of laws, regulations, contracts,and grant agreements, noncompliance with which could have a direct and material effect on the determination of financial statement amounts. However, providing an opinion on compliance with those provisions was not an objective of our audit,and accordingly,we do not express such an opinion.The results of our tests disclosed no instances of noncompliance or other matters that are required to be reported under Government Auditing Standards. 5 We noted certain matters that we reported to management of the Authority in a separate letter dated March 15, 2016. 0 Purpose of this Report The purpose of this report is solely to describe the scope of our testing of internal control and compliance and the results of that testing, and not to provide an opinion on the effectiveness of the entity's internal control or on compliance. This report is an integral part of an audit performed in accordance with Government Auditing Standards in considering the entity's internal control and compliance.Accordingly,this communication is not suitable for any other purpose. 1 PA El Ati,/ 4 , trinlr, • Barton, Gonzalez& 41 e ' .A. Certified Public Accountants ] March 15, 2016 I I 40 161 1 C Barton, r 13137-66th Street,Largo,FL 33773 Gonzalez Phone:(727)344-1040 Fax: (727)533-8483 �.— & Myers, P.A. www.bartoncpas.com A Certified Public Accountants INDEPENDENT AUDITOR'S REPORT ON COMPLIANCE FOR EACH MAJOR PROGRAM AND ON INTERNAL CONTROL OVER COMPLIANCE REQUIRED BY OMB CIRCULAR A-133 Board of Commissioners Collier County Housing Authority Immokalee, Florida Report on Compliance for Each Major Federal Program We have audited the Collier County Housing Authority's(the"Authority")compliance with the types of compliance requirements described in the OMB Circular A-133 Compliance Supplement that could have a direct and material effect on each of the Authority's major federal programs for the year ended September 30,2015.The Authority's major federal programs are identified in the summary of auditor's results section of the accompanying schedule of findings and questioned costs. Management's Responsibility Management is responsible for compliance with the requirements of laws, regulations, contracts, and grants 1 applicable to its federal programs. Auditor's Responsibility Our responsibility is to express an opinion on compliance for each of the Authority's major federal programs based �J on our audit of the types of compliance requirements referred to above.We conducted our audit of compliance in accordance with auditing standards generally accepted in the United States of America;the standards applicable to financial audits contained in Government Auditing Standards,Issued by the Comptroller General of the United LI States; and OMB Circular A-133,Audits of States, Local Governments, and Non-Profit Organizations. Those standards and OMB Circular A-133 require that we plan and perform the audit to obtain reasonable assurance about whether noncompliance with the types of compliance requirements referred to above that could have a direct and material effect on a major federal program occurred.An audit includes examining,on a test basis,evidence about the Authority's compliance with those requirements and performing such other procedures as we considered necessary in the circumstances. We believe that our audit provides a reasonable basis for our opinion on compliance for each major federal program. However,our audit does not provide a legal determination of the Authority's compliance. Basis for Qualified Opinion on Rural Rental Assistance Payments Program As described in the accompanying schedule of findings and questioned costs,the Collier County Housing Authority did not comply with requirements regarding CFDA 10.427 Rural Rental Assistance Payments Program as described in finding number 2015-001 for allowable costs and finding number 2015-002 for eligibility.Compliance with such requirements is necessary, in our opinion,for the Collier County Housing Authority to comply with the requirements applicable to that program. 41 1 161 1 c 1 oQualified Opinion on Rural Rental Assistance Payments Program In our opinion, except for the noncompliance described in the Basis for Qualified Opinion on Rural Rental Assistance Payments Program paragraph, the Authority, complied, in all material respects, with the types of compliance requirements referred to above that could have a direct and material effect on the Rural Rental Assistance Payments Program for the year ended September 30,2015. Basis for Qualified Opinion on Housing Choice Voucher Program As described in the accompanying schedule of findings and questioned costs,the Collier County Housing Authority did not comply with requirements regarding CFDA 14.871 Housing Choice Voucher Program as described in finding number 2015-003 for eligibility. Compliance with such requirement is necessary, in our opinion, for the Collier County Housing Authority to comply with the requirements applicable to that program. Qualified Opinion on Housing Choice Voucher Program In our opinion, except for the noncompliance described in the Basis for Qualified Opinion on Housing Choice Voucher Program paragraph, the Authority, complied, in all material respects, with the types of compliance requirements referred to above that could have a direct and material effect on the Housing Choice Voucher Program for the year ended September 30,2015. 0 Other Matters The Collier County Housing Authority's response to the noncompliance findings identified in our audit is described in the accompanying corrective action plan.The Collier County Housing Authority's response was not subjected to the auditing procedures applied in the audit of compliance and, accordingly, we express no opinion on the response. Report on Internal Control Over Compliance Management of the Authority is responsible for establishing and maintaining effective internal control over compliance with the types of compliance requirements referred to above.In planning and performing our audit of compliance, we considered the Authority's internal control over compliance with the types of requirements that could have a direct and material effect on each major federal program to determine the auditing procedures that 1 are appropriate in the circumstances for the purpose of expressing an opinion on compliance for each major r„ federal program and to test and report on internal control over compliance in accordance with OMB Circular A-133, but not for the purpose of expressing an opinion on the effectiveness of internal control over compliance. Accordingly,we do not express an opinion on the effectiveness of the Authority's internal control over compliance. Our consideration of internal control over compliance was for the limited purpose described in the preceding paragraph and was not designed to identify all deficiencies in internal control over compliance that might be material weaknesses or significant deficiencies and therefore,material weaknesses or significant deficiencies may exist that were not identified. However,as discussed below,we identified certain deficiencies in internal control over compliance that we consider to be material weaknesses. A deficiency in internal control over compliance exists when the design or operation of a control over compliance does not allow management or employees,in the normal course of performing their assigned functions,to prevent, or detect and correct, noncompliance with a type of compliance requirement of a federal program on a timely basis.A material weakness in internal control over compliance is a deficiency,or combination of deficiencies, in internal control over compliance,such that there is a reasonable possibility that material noncompliance with a type of compliance requirement of a federal program will not be prevented,or detected and corrected,on a timely basis. We consider the deficiencies in internal control over compliance described in the accompanying schedule of findings and questioned costs as items 2015-001, 2015-002, and 2015-003 to be material weaknesses. 42 161 Ic 0 A significant deficiency in internal control over compliance is a deficiency, or a combination of deficiencies, in internal control over compliance with a type of compliance requirement of a federal program that is less severe than a material weakness in internal control over compliance, yet important enough to merit attention by those charged with governance. The purpose of this report on internal control over compliance is solely to describe the scope of our testing of internal control over compliance and the results of that testing based on the requirements of OMB Circular A-133. Accordingly,this report is not suitable for any other purpose. , / p4, Barton, Gonzalez& 1 P.'. Certified Public Accou an March 15, 2016 ii, .. -U. U 43 I 161 ic COLLIER COUNTY HOUSING AUTHORITY Immokalee, Florida 3 Schedule of Findings and Questioned Costs September 30, 2015 1 Section I - Summary of Auditor's Results: 3 Financial Statements 3 Type of report issued on the financial statements: Unmodified Internal control over financial reporting: Material weakness(es) identified? No 1 Significant deficiencies identified not considered to be material weaknesses? None Reported Noncompliance material to the financial statements noted? No Federal Awards Internal controls over major program: Material weakness(es) identified? Yes Significant deficiencies identified not considered to be material weaknesses? No Type of reports issued on the compliance for major programs: 14.871 Section 8—Housing Choice Voucher Qualified 10.427 Rural Rental Assistance Payments Qualified Any audit findings disclosed that are required to be reported in accordance with Circular A-133, Section .510(a)? Yes Identification of major program: 14.871 Section 8—Housing Choice Voucher 10.427 Rural Rental Assistance Payments 10.415 Rural Rental Housing Loans Dollar threshold used to distinguish between Type A and Type B programs: $300,000 Did the Authority qualify as a low-risk auditee? Yes 44 161 1C 1 COLLIER COUNTY HOUSING AUTHORITY Immokalee, Florida Schedule of Findings and Questioned Costs September 30, 2015 ] — Section II - Financial Statement Findings: IThere were no findings relating to this area for the year ended September 30, 2015. Section III - Federal Awards: The following findings were disclosed relating to this area for the year ended September 30, 2015: 1 2015-001 Inadequate Controls Over Disbursements and Expenses Program: U.S. Department of Agriculture: Rural Rental Assistance Payments (CFDA 10.427) Type of Finding: Internal Control—Material Weakness, Compliance—Allowable Costs 3 Statement of Condition The Authority should have the necessary controls over disbursements and expenses to assure that the program is only charged reasonable and necessary expenses of the USDA program. The Authority improperly allocated expenses to the USDA program that belonged to other programs. As a result,and after correction,other programs (mostly business activities)owe the Rural Housing program$1,776,406. Criteria The Authority should have the necessary controls over disbursements and expenses to assure that each program is only charged reasonable and necessary expenses of the program. 7 CFR 3560.303(b) states "expenses charged to project operations, whether for management agent services or other expenses, must be reasonable,typical, necessary and show a clear benefit to the residents of the property. Services and expenses charged to the property must show value added and be for authorized purposes."In addition,7 CFR 3560.303(b) (1)states the following: "allowable expenses include those expenses that are directly attributable to housing project operations and are necessary to carry out successful operations."Also, 7 CFR 3560.303(b)(2) (ii) specifically states that housing project funds may not be used for"purposes unrelated to the housing project." 3 Questioned Costs $1,776,406 Effect The Authority retained a forensic auditor to determine the amount of expenses charged to the USDA program that should have been charged to other programs. As a result of the outside forensic audit and the financial audit, the Authority recorded the following adjustments to each program: 1 2013 business activity expenses paid by the USDA program $ 227,300 2014 business activity expenses paid by the USDA program 438,987 2015 business activity expenses paid by the USDA program 511,985 Other 2015 audit adjustments: 36,903 Prior and current year amount due from business activities: 561.231 Total $ 1,776,406 45 161 Ic 1 COLLIER COUNTY HOUSING AUTHORITY Immokalee, Florida 3 Schedule of Findings and Questioned Costs September 30,2015 2015-001 Inadequate Controls Over Disbursements and Expenses (Continued) Cause The USDA released certain units back to the Authority in 2013. However,the Authority continued to account for the units as if they were still in the USDA program and as such, expenses that should have been charged to business activities continued to be charged to the USDA program. Recommendation I The Authority should establish controls to ensure that only reasonable, necessary and appropriate expenses are charged to each fund. We recommend that a study be performed to determine a reasonable allocation of expenses. In addition,we recommend only direct costs be paid out of each program and indirect costs be allocated (whenever possible) from the COCC using a reasonable basis for the allocation of costs. 2015-002 USDA Tenant Files Program: U.S. Department of Agriculture: Rural Rental Assistance Payments (CFDA 10.427) Type of Finding: Internal Control— Material Weakness, Compliance—Eligibility Statement of Condition The Authority did not have adequate controls over tenant files to assure it is maintaining adequate documentation,that income and deductions are calculated properly,and that units are inspected annually. In 25 USDA files tested,we noted the following errors: • 1 error noted where the lease agreement did not show the correct rent (should have been $499 for 3 bedroom, but the lease agreement showed$477 for a 3 bedroom) • 3 errors noted in income calculations which affected the tenant and Rental Assistance portions of the rent • 3 errors(2 files)were noted where 2 children had incorrect birth dates(in one unit)listed and a separate tenant (in another unit) also had an incorrect birth date listed. • We also noted 8 unit inspections not completed during the year for A/B units used for USDA rental assistance. These units should be inspected annually and any repairs needed corrected. Criteria Regulations require that the Authority perform certain prescribed verification procedures and obtain the required documentation to assure that tenants qualify for the USDA program and that amounts submitted to the USDA for rental assistance are calculated according to USDA rules. In addition, units should be inspected annually. Questioned Costs None Effect The Housing Authority is not in compliance with applicable USDA regulations. 46 161 ic COLLIER COUNTY HOUSING AUTHORITY Immokalee, Florida Schedule of Findings and Questioned Costs September 30,2015 2015-002 USDA Tenant Files (Continued) Cause The Authority did not maintain adequate controls over required documentation in tenant files and did not perform unit inspections on certain properties. Recommendation The Authority should improve review procedures and increase training to employees and reviewers to insure that the Authority is in compliance with USDA rules for verification of tenant information and calculation of tenant rents and that units are annually inspected. 2015-003 HCV Enterprise Income Verification (EIV) Program: U.S. Department of HUD: Section 8—Housing Choice Voucher (CFDA 14.871) Type of Finding: Internal Control—Material Weakness, Compliance—Eligibility Statement of Condition The Authority did not have adequate controls over tenant files to include the required Enterprise Income Verification ("Ely") documentation. The majority of the tenant files (20 out of 25 files) tested in the Housing Choice Voucher program did not show evidence of using the EIV system. Criteria HUD's EIV regulation at 24 CFR 5.233 (See Notice PIH 2010-19) requires the use of the EIV system in its entirety to verify tenant employment and income during mandatory recertifications of family composition and income and to reduce administrative and subsidy payment errors. Questioned Costs None 1 Effect The Authority did not document the use of the EIV tool for some tenants to verify tenant employment and income during reexaminations. Not using the EIV system could lead to subsidy payment errors. Cause The Authority had some employee turnover in the HCV program and the person conducting the certifications and recertifications was not aware of the requirement to document that the EIV system was being used. Recommendation The Authority should establish controls to ensure that the EIV system is being used to verify tenant employment and income during recertifications. 47 161 ic 1 1 COLLIER COUNTY HOUSING AUTHORITY Immokalee, Florida Summary Schedule of Prior Year Findings September 30, 2015 The prior audit report for the year ended September 30, 2014 contained no findings. I I I I 48 161 ic I COLLIER COUNTY HOUSING AUTHORITY lmmokalee, Florida Corrective Action Plan September 30, 2015 The following is the corrective action planned by the Authority regarding the current findings: IFinding No. 2015-001 Inadequate Controls Over Disbursements and Expenses Federal Award Finding I Program: U.S. Department of Agriculture: Rural Rental Assistance Payments (CFDA 10.427) Type of Finding: Internal Control—Material Weakness, Compliance—Allowable Costs Statement of Condition The Authority should have the necessary controls over disbursements and expenses to assure that the program is only charged reasonable and necessary expenses of the USDA program. 1 The Authority improperly allocated expenses to the USDA program that belonged to other programs. As a result,and after correction,other programs (mostly business activities)owe the Rural Housing program $1,776,406. Recommendation The Authority should establish controls to ensure that only reasonable, necessary and appropriate expenses are charged to each fund. We recommend that a study be performed to determine a reasonable allocation of expenses. In addition,we recommend only direct costs be paid out of each program and indirect costs be allocated (whenever possible) from the COCC using a reasonable basis for the allocation of costs. Action Taken We concur with the recommendation and are in the process of establishing controls to ensure that only direct costs are paid by programs. For all expenses, whenever possible, the purchase/work orders are being placed by project, and request that each project be invoiced separately. We have established separate bank accounts for each project and only project's income and expenses are posted to these accounts;to prevent comingling of funds. We started operation as of October 1st, 2015 of the COCC (Central Office Cost Center). The Central Office Cost Center will operate like a property management company, it is a Business unit within the CCHA that earns income from fees and/or by overseeing other business activity. The general finance/administrative expenses are charged to the COCC. This provides greater flexibility to support the mission of CCHA,this system enhancements will allow CCHA to operate 1 more efficiently. 49 16i ic 1 0 COLUER COUNTY HOUSING AUTHORITY Immokalee, Florida Corrective Action Plan September 30, 2015 0 2015-002 USDA Tenant Files ElFederal Award Finding Program: U.S. Department of Agriculture: Rural Rental Assistance Payments (CFDA 10.427) Type of Finding: Internal Control—Material Weakness, Compliance—Eligibility Statement of Condition The Authority did not have adequate controls over tenant files to assure it is maintaining adequate documentation,that income and deductions are calculated properly,and that units are inspected annually. In 25 USDA files tested, we noted the following errors: 3 • 1 error noted where the lease agreement did not show the correct rent (should have been $499 for 3 bedroom, but the lease agreement showed$477 for a 3 bedroom) • 3 errors noted in income calculations which affected the tenant and Rental Assistance 3 portions of the rent • 3 errors(2 files)were noted where 2 children had incorrect birth dates(in one unit)listed and a separate tenant(in another unit) also had an incorrect birth date listed. • We also noted 8 unit inspections not completed during the year for NB units used for USDA 1 rental assistance. These units should be inspected annually and any repairs needed corrected. Recommendation Regulations require that the Authority perform certain prescribed verification procedures and obtain the required documentation to assure that tenants qualify for the USDA program and that ;, amounts submitted to the USDA for rental assistance are calculated according to USDA rules. In addition, units should be inspected annually. ._ Action Taken We concur with the recommendation and are in the process of establishing controls (including review procedures) to ensure that USDA program requirements are being followed. 3 • Even though the lease agreement showed incorrect rent of $477 (a typo) the tenant was charged the correct rent of$499.00. Previous lease agreements showed correct rent charge of$499. • For the income calculation errors,there was one error in which the pass-rate that was used was 2% (it had changed to 0.6% in February 2015)in the calculation of assets that affected the tenant's RA;the other 2 files were corrected. • The errors on birth dates were corrected. There was no change in RA. • Unit inspections for USDA tenants in A&B were not done, because we were expecting for these tenants to be moved to the USDA side at any moment.All repairs reported by tenants were corrected via work-order. We are doing 100% file reviews to ensure a second set of eyes assess the file for correct and complete information, and catch and resolve any discrepancies as soon as possible. 50 1 161 ic o COLLIER COUNTY HOUSING AUTHORITY Immokalee, Florida 1 Corrective Action Plan September 30, 2015 2015-003 HCV Enterprise Income Verification (EIV) 0 Federal Award Finding Program: U.S. Department of HUD: Section 8—Housing Choice Voucher (CFDA 14.871) Type of Finding: Internal Control—Material Weakness, Compliance—Eligibility Statement of Condition The Authority did not have adequate controls over tenant files to include the required Enterprise Income Verification ("EIV") documentation. The majority of the tenant files (20 out of 25 files) tested in the Housing Choice Voucher program did not show evidence of using the EIV system. Recommendation The Authority should establish controls to ensure that the EIV system is being used to verify tenant employment and income during recertifications. 3 Action Taken We concur with the recommendation and are in the process of establishing controls (including review procedures) to ensure that the EIV system use is properly documented. :3 Even-though files did not show proof of EIV(Enterprise Income Verification),the CCHA had been utilizing the EIV system, but due to changes in staffing,reports were not printed from September 1 2014 to August 2015.Evidence was shown that the EIV reports were printed prior to September 2014 and after August 2015. To avoid these issues, we will revise the checklist to include all policies and procedures. Effective Date: March 15, 2016 Contact Information Oscar Hentschel, Executive Director Collier County Housing Authority 1800 Farm Worker Way Immokalee, FL 34142 1 (239) 657-3649 ] I 51 1 161 10 9 . Collier County Housing Authority 0 Immokalee,Florida Schedule of Expenditures of Federal Awards For the Year Ended September 30,2015 Federal Program or Disbursements CFDA Award or FEDERAL GRANTOR Number Amount Expenditures U.S.Department of Agriculture Rural Rental Housing Debt(Loan) * + 10.415 $ 1,618,000 $ 1,618,000 Rural Rental Assistance Payments ' + 10.427 684,895 684,895 Total U.S.Department of Agriculture 2,302,895 2,302,895 U.S.Department of HUD 3 Section 8 Housing Assistance Payments Housing Choice Voucher Program * + 14.871 3,133,390 3,133,390 Home Partnership-TBRA "` 14.239 27,597 27,597 3 Community Development Block Grant '"` 14.218 246,403 246,403 Resident Opportunity&Supporting Services " 14.870 23,759 23,759 Total U.S.Department of HUD 3,431,149 3,431,149 TOTAL $ 5,734,044 $ 5,734,044 Notes to the Schedule of Expenditures of Federal Awards A. Basis of Accounting and Presentation This schedule includes the federal grant activity of the Collier County Housing Authority and Is presented on the full accrual basis of accounting. The information in this schedule is presented in accordance with the requirements of OMB Circular A-133,Audits of States,Local Governments,and Non-Profit Organizations. Therefore,some amounts presented in this schedule may differ from amounts presented in or used In the preparation of the basic financial statements. B. Reconciliation of Total Federal Awards Expenditures to Financial Data Schedule FDS line 70600 HUD PHA Grants $ 3,184,746 i3 FDS line 70610 Capital Grants 246,403 FDS Line 70800 Other Government Grants 684,895 FDS Line 343&351 Rural Rental Loan Debt 1,618,000 $ 5,734,044 C. Other Considerations In Determining Major and Non-major Program Requirements The Authority is administering housing under the U.S.Department of Agriculture's Rural Housing Services Program.The financing for construction of this housing project was provided by the Agency for Farm labor Housing Loans&Grants(Federal CFDA 810.415). At September 30,2015,the balance of the long-term debt due to the U.S.Department of Agriculture's Rural Housing Services was $1,618,000.This loan balance has been considered as a part of the computation to determine the major and non-major program requirement under OMB Circular A-133. D. Program Type 'Type A Program "Type B Program + Major Program See auditor's report 52 I 161 ic EL Barton, 13137_66th Street,Largo,FL 33773 11 .us Gonzalez Phone:(727)344-1040 Fax:(727)533-8483 or— & Myers, P.A. www.bartoncpas.com D A Certified Public Accountants March 15, 2016 Mr. Oscar Hentschel, Executive Director and Board of Commissioners Collier County Housing Authority Immokalee, Florida Dear Mr. Hentschel and Board of Commissioners: In planning and performing our audit of the financial statements of the Collier County Housing Authority for the year ended September 30, 2015, in accordance with auditing standards generally accepted in the United States of America, we considered the Authority's internal control over financial reporting (internal control) as a basis for designing our auditing procedures for the purpose of expressing our opinion on the financial statements, but not for the purpose of expressing an opinion on the effectiveness of the organization's internal control. Accordingly, we do not express an opinion on the effectiveness of the Authority's internal control. However, during our audit we became aware of certain matters that are an opportunity for strengthening internal controls and operating efficiency.This letter does not affect our report dated March 15,2016,on the financial statements of the Collier County Housing Authority. We will review the status of these comments during our next audit engagement We have already discussed these comments and suggestions with various Authority personnel, and we will be pleased to discuss it in further detail at your convenience, to perform any additional study of these matters, or to assist you in implementing the recommendations. Our comments are summarized as follows: Current year management comments: Rental Registers for Business Activities We noted that business activities(Horizon Village and AB Units)are using manual tenant registers to track tenant activity. We recommend the Authority use the registers provided by the Lindsey software to limit the amount of possible errors as a result of manual calculations. Rural Housing Budget We noted in budget to actual testing for the USDA program that some areas were significantly over budget - (i.e.insurance,salaries,etc.). This issue was also identified by the USDA and relates to USDA funds being used in business activities and which resulted in the forensic audit(see Finding 2015-001). We recommend that future budgets include only the activity related to the USDA units (315 units). 53 I 161 Ic 3 3 HCV FSS Escrow Liability The Authority did not seem to be maintaining the FSS escrow liability schedule properly. We noted that the ending balance for the FSS escrow liability declined significantly and it was later determined that the schedule was incorrect(and was subsequently corrected for financial statement purposes). Care should be taken to monitor and record the activity for the FSS escrow account to assure that the balances are correct. Other Intercompany Program Issues. See below for other issues noted(in addition to Finding 2015-001). Care should be taken to assure that all activity is reported in the proper program. • We noted that the activity(and assets)for the AB units were recorded under the blended component unit. However, the AB units are owned by the Authority (as title rests with the Authority) and therefore should not have been recorded in the blended component unit. All of the activity (and assets)recorded in the blended component unit for the AB units for the fiscal year was reclassified 3 to business activities. • The assets related to the AB units should have been transferred in March/April 2013 when the 3 USDA released these properties back to the Authority. However,the actual book transfer of the assets did not occur until March/April 2015. As a result,the financials were adjusted for the effect of the depreciation expensed in Rural Housing, but that should have been expensed in Business Activities in the amount of$710,903. • The HCV program performs unit inspections for other entities and is paid a fee for those inspections. However,the income($4,475)for these inspections was recorded in business activities and should have been recorded in the HCV program. An adjustment was recorded in the HCV program to reflect a receivable from Business Activities for these funds. 3 • We noted the Authority recorded construction in progress through the CDBG program. However, the construction was completed as of September 30, 2015 and should have been recorded under buildings and improvements under Business Activities. As a result,$255,403 was transferred from the CDBG program to Business Activities. • The Authority paid off its existing debt with Bank of America (originally recorded in the USDA program)with new debt and recorded the new debt in the COCC. However,the debt should have been recorded in business activities. As a result, $209,843 of debt recorded in the COCC was transferred to Business Activities. • As noted above the Bank of America debt was originally recorded in the USDA program and should have been recorded in Business Activities (the debt related to an old pension liability payoff). As a result,the general ledger was adjusted to show$36,903 owed to the USDA program from business activities for current year principal and interest payments paid out of the USDA program,but should have been Business Activities. 54 161 ic 3 I ,,,:, 3 3 • Allocations for benefits were incorrectly allocated between programs due to an error in recording the allocations. We corrected the allocation error between programs. However,care should be taken to assure that benefits are allocated properly to all programs. The benefit allocations should mirror the allocation of payroll costs as all employees participate in health insurance benefits (which is the '3 largest employee benefit). This report is intended solely for the information and use of management,Board of Commissioners,others 3 within the Authority,and the Department of Housing and Urban Development(HUD),and is not intended to be and should not be used by anyone other than these specified parties. Sincerely, I 104 ,,,,64.4 ... 4 .Barton, Gonzalez& ii a •.A. Certified Public Accountants I I 1 I 1 1 55 161 1 C -] g l 1 ] Financial Data Schedule 3 I I 1 I I I 56. I 161 1C w : 1C ,v :3, ,,,,, . !41 „'•41131 ;r.r1 •! ligiw 1.7:4: ! ,t15: li: , 1 4:..g!::: , :": :-;„!4.: ,Lv!k'i.,,,..: , , , , : ,..::: '.: : 1- : ",, • ,1 41 I: . .!1:1 ,,,,,z,i 21 1 1:3:::2, C;;Ir., ! :•4',."! ,:i, : : ,;;• •••: : 1 lal ,u!,,i ',.:‘, ,F,l!a,:.! , . i : :14: 1 :::•4! 1 ::', . ! : . . • • i: g: ' ' • ' • • : g , 1 1 1 ! 'i 1 1g: 1 , :1, 1 : , '„ 1 1 !: ;•:4 : i !: , i , 14! '1! , : : : . i , • !ul 1 : : :. , :21 I :: 4: : , , 1 ! , , , , , H ! 1 , : i11 : . 1 Iiii „ , ,:`• : : : : : : : 1 , i , : : ••: ::: ,, i : ; : . ,: , : , , , , ,,,), :„ In., „ ! ! „,, ,, , : ! ,,,. , , „ , , „ „,,,, :,-,Irl,!., .H''.4 •-.•Iwi i i .1, I : :A, : .0„ : - HISI :•'=!gi ,t'. .,11:g1 ;:.-!gi ! 4.-..I: ,i, ii, , 1 ,g,:,,,3-1, lil ,i€g€1€3; 4 <2, ,,!,,'.., , : , ',, 1,:z.:, :: . P,'; . .....,•!i : .!,,,-, -, -, , , ,--' 3! '•'-' ,u, ;2€2,1€!-1 14 M'z',.! ' , , ' ' ,I,'.!' ' ';''''. '''' . ;.` II 1 € ,, § , . :§; ; ! ! ' , ' , , ' : ' - §— ' g, , •a — - • , . . . . , . . , . , „ . . . , , : „ , , , . ii „ „ . . . p1 x , , , , : - ,- ial , , ,. :3: , : , P'.. i " , I ' ' l';';! l!',■€ " ' ' i " ': 1 12;1 1 I . ! ! '21 , : ,,T,', ' € € € ' 120 1 € 111 ;€ ! . fl : € € ,, ,, ,.-,,,! ;.;, 1 ; ;HI .H.i ", ,', 4. L.i...., 24. .;. •., ...i :,-, , :,," :NI : ' ',...71 i„'„,"-. : .;... .; : .a,iAt;f.' 1::: :::',;.P•li-;,....-. ''.; :A 0: . .. , , :'"., , .1 : :-::: .1. t jC la! [5, 1 ! .:1;q,!, -121:i -: ,. : .11 ', F. , ,3.1,.;iry.2,1 vg-1 1-.'2,7,ir.ri! ,:•,.,,': !:.!•,r21 r i , i i Ha„ , ::i, : ,M€ , :4i. .1 ' . ., ... €1.1„,,€-.....:€,-.1. €....1...!. € a , : . : „ : : „ — : , : : , : . , : : . : , € , . _ , : .. : : , : . , : I ' '. 'i 1 € ' Ht.'''! ''' ' 1 € : 1 . € Ial ' :: I 1 ' ,2: iiiHi all ! ! ! !--: ; ! : 11HIHIHE !; ; :! , : , HH : : !, ! , ! ,i . . ., , ',;.„.1_, .1. ...; ! , ' : .!, ,,,i, ,,,,,..",..., ,.. .,,,.: , 2 IIHILIH . 11 , , , H , ; ; IH , 11w 1 , ! '. : ! :,. : ', 1 ! ! L ! ! 14: , , , --: , : , s, , , , : . , , „ ,,, , - , : ,,,,, i , , , , 11 , : : „ , , , :: , , , „ , : , , , , , ,, ,, „ : . : : , : , 1„, 111 ,,.., , , :, :.! „ : „ ,: :: - , ,. : „ , i , , ,, H , ,F',H1 ... ' : ': , , : i ', ',. 1H ' :z*•.H ,:iii '2, ": a '1'7'6 ' €41 !"4€ 1 i •U! '24,2" € ' " '21 .. ' 1 .€ 12'2'2' 11!H :2"3!3 1.1 :3' :31'21 i 1 1 ': ' 13: ' 'a! ! 4,,,€ - ' € " 3,€€€€ '111 " : "rii : 1 ! ;! ! 1 ', . ' ! ". t. € 1 ", ! €. 114€ 11 € • " : € € € €H111 € ! ! : € !4€ ! ! . € €€ ; , € , , .111 -!€ 11 ,,! ,,, 11;!!.. :€ 1_,I € , ', , ! -€ ,H ! ,,H,,!!„,,,,,,4 : I , , , ! , i ', 1 : : ', ! , : ',. ! , i ! li !, , ,, ', : : ! !, , i .51 Ill H..:, :"1,7',,,,', 1 i i ! ! [ !, .7.;;;,,,,,! iii!, i 1 1 Hi'.1 1 oll 1:: ! ( i: l'i';1 R::1 ,,- 1-ifi4.ii ; i ! i -ii : : , i -i : iii : ii „ , J 7 6 1 1 1 I i • ,.1 i ..1 ".:,,,„. ..... .....1...4 „Li:....,..1.,,..; ..1„,.:, .1,..-1 H. 4..:. : 1:. 't H-4.4,..i.-4-1-.i- :, i :I ai----i: --iiiiliiii iiirt-- , f I ' ' i , ] , , , ,: ,, ' i : , , : : i '', , ! : I : ' ,, : , ', , , : , •,.: , a , ,.2iiiiil ', .- H , 11 , , i 1411 !s! 'al, . .,.,E1 .-. , : :. .u,.- : 1 , : ] , ii ,. .-ii : 1 - i. :, . i ..,, ,.. ,, ,, : : , ,: : : i .: i : - : , •-. : i- !---- 1 -,_,,1,—,-- --1 -,-,- --, __1_,,:i,..,i -: _,__i___: . 1, i :- _1 .4 4 .i.:. i. : 1 ,.1 i. Hi .,,„„ ,,,,,;_,.._i_.,,,_7_,,,,._,:_. ,....,,, / ....,:- 11 111 ligi 1,X111 !g,',. I - 131 ll'il ! •!, 1 ', 1R1 -:, 1 ': 1,,,,?!!itili::: ,:.: v .P''',i5,..t 14.: '1.7;' i .; 1 ', ,;!:! t `! '..4: ', . ,: ; j,r./.1 741 0 01 € "i'.'' €1 Ai 1W " Hilnli " i " ;€ 1 ' 1 lzit 212 1 ! . € € HHHH ! € ;:€ : " " ! ' 11 ! ;:' " 5,5,2Z ii'll ni111 ,€ ''JIH , i ' : 1 ; 1 , ' !: ', € :! il ! ! ! " , € ' ;, " ', ' : : • ii ! , --t-t-1-t-1.. rirliiii!--17'-',711f iiifill iii. iiiiHiiiiiHiiiii • iiiii g . , 1 ; .'. 1 :', . .; !! , .., ', , 1 ! 1 i H !:: , . ] :: : 1 i -'.: 11. ,,,a. i : •! , , : - 1 ,. ,,, n ,, ., :11i , -, ii : 1 , - - 11 - , : : : ! 1 ., , -- h !, 1 , --, :i : 11 :1„, ! :: ! , , : , ! : , . ., 1 8 i : : • : , : - , i ",, H :1 ! ", 11 ! ! !, 1 : . 11i ,. ".3 ! ! ! :: ! ! "' "" ".", ! "! !, I :" . 4 I .; = ' ; = ; ; ' ' ' 1. . , . . , .i. • . . . , f , • g. .1.1. . . 1 . f • . • , . • ' , , : • . . 1 a .g, t . ', i.:. : i 1,, ! , TT i', li I 1!),i .i, 1011 '1,04 11 III 1: :.i1.11 111 ! ! 1 ! ! If: : 1:1 111)11 1 i '11 11 1 1111111 'l 11 1 1 itf i .:1 ,„ .111 If 1 1 I! 11 i ig111L I i-: ,i #:•tt :14, •:. Iii ! ,11 !., :, li,. :',:l, , : , , : 11 1, 1,111V, I LI. I st ', ! ! , :! : , , : , : 1 , : i : i : ,H i , ,-,5: :,A , t.. 11: ! ioll:1: , , : , : , : ! 1: 1: , : ' ! -? It' .., gr, i :A I : : ,. ,. . :: g..,„, :- :', :' i -:.,Vi ', 11 •i ,1 „ i, i, . . . .1a , 4 / lit 1 i, I.! !! _, A; :i;liltil 11 441;14iipilik!,,,11. 1 i 1 11!.ftliff; , :' •1g5,' 1-', 1, , 11 14! 1 litillt ri'A!A "i1 1111111f4i0111111 ;1 1 11 11111 !! i1fili111111 1111111 '111 Iti 111 111i11111 [ ! !I.,: 1 ': ! !"''11-'1 L„:!''1'1 11-1,41' *;i1 1 i *-1 :1-1VH1-1!'''' 81 1'441'7'14111 -It!" 41 .': !?-11 •,...°1191`,4::?1.1.4.142,?, :Flig.-„? z31.„.',g,,v.g..,,§! ....:•.--,,,-..•Itit,.!ti....,,,,, EL ,,k, ,,,, ;;;:j,;,,,,,,,,>_•••,7,,, 1 161 1 C ; „ ,i1 , i r-ii 1 i i i 1 i 1,1 hi: , 1 1-111411.1 lil , Iiii6i1„; 1111171 141174-4 : 117d 1;d1i141fmiii 11 i 111 1 !'1,11a1-1 1 lui Iii 1,A;a1 I 1 11 ;41 i ' 12!ui"1'1 i'l I); • • • , ; : : 1 ; ; ; ; ; : ; : •; •; ; ;;;;;;; ; ;HIHH ; ;,1 ; ;;; 1111 ; ! 1111 ;gi r4iii ; illui kt; ; ; ; ; ; l'i 1!1; i'-- --1 fil 1 11. 1 1 1 1 Ivi Ili 1§4t1.,,Iig I 1:' 'i. iF-I I i :41::.:!•ii;.11 ii..;1 i 111111 1 1111111M alU' IH : 1:ii i'-:.il : , i ' ' 1 '..' . • a Si' 1 ' IIIII111111 ' 11W ;.-4 .; ;; 111. 1111 ; i ! 1 I ,!- ' ,11111M11111gligilli ' l iiiill 4-1»irl • ; 1.11 ; 11 ; ; ; ; ; ; : li. 1 IF i; , ; ; ; Ili ; ; ; ; ; AILI ; ;- H111-141 ; 11 ; u4--i Will 1 :10 ;t.' la1H1 i&illi'il l'j;lilli ,41 '; lii - ; * 1 11 1 ill 11, i ;11;1 ' 1 ; ; Wil : HL1_11114;; ;; L ; II4, ; 11111, 111 , 1i; ; 1 ' iriiijIIIIIIIIHWIlilililulsi 121 111 i I 1! 111111 :2: 1, ! iiiii ! ii11 ! -11 :,: : : 11 11 : HH1111 , 1 : ii [ Hi„i,,! : ::::::: ::::!•:: : : :: ! !, i. ! ,,,it : .ii I Li1, : i1, 1 : 1111iii i : 11111111FIF,: !ii , 111 . 1, 11111 111111, 111111 121 121 1 ', 1 1 11)11 ',11 1 t„ ! ; ; ;; ; ; ; ; ; ; ; ; ; ;;;111 ; 44• ;-; ', 1 ;1 ; ; "1 -1Thil 1 „ ; 1 1 : , LIL„ 1 I 1 I I, la', li,,,d lila, ; li „ , „ 1 „„,,,,,,„ , 141 , „ ,, , ,,,„ , ; , , ,,,,r1 „ 11 , ";21 ,a, ; 1 1 i i i 11 11111.„1 ,1i : :1, 1i1:-.1 "11 .: Hill .„. irt=i1'.7.1;) 1"•1 I 11: It 11: 11WHHH i I I§ Hi21-1111111111111, 11-11-J, 'f,! 1 ii 111111 : W1111 H ",:--Ii ! .11 ,1-1111111111 V :14',j 111 -.: 11111 : 1 ! W illil ! , 1i111111. 1, 1,1.11s1 ii1111110i11H 11111 1:21 121 : 1 :':, 11-! ! ! , til.k 21 , 1II. IlliiiiMil VI, $49,FW 11 ', 1, IH ! Th Winill ! W- 1 ; 1 -fli 1' 1'4 i ' , 111,11„11- 1 , H11111111111iii,,,IRH,i1F1171 a =” 1 i lit 1 !, 1 1 ! 11,1111 1 i V; ki i:7,1 I VI 1 1 i:1 HI ; I, 141,il'i'l l'i .. ti % ",11 ,g.,.-- e ; ; ! ! I 3 a;. .,.,,., i i ,, „.61..1:...,,>1. 1 iril 1 /1.1LH11 11111H4M I iii. ii . 11H- 11,-Iti ili 11-M11.-1- WHIIHI- 11HHILIIIIIII x E • ,„ , , , „,, .: 1 , ! :, i ,! : . : ; 1 ! •, '., 11 ! i „ illi, H111111 ,„ , 1 ,H 1 i w i i 1 111 , i 1111:1 • I ', ': 1 ,: : •, , i i H. H 1 1 1 1 I i 1 i -i , ,•:,,1 . 14 il ! 1 H AIL W 1 It , , 1 1 1 1°! .-S 1 W i ill$ 1) 111111111' 1 H1111111i1 A ItCill IA'i 11,1 )11 Ili II 4:1X1 i 'i r: 141 irgi SI ll'i'611VI Ird;li i 1 ilj Iiilig.1111411 111111141C81 III Ili Iti! ',61:0 Al 1.111,1i4111101.101 IL, '!'ll lir, IVi '1'.1>ill 11 1'1q6'llif .Ti.1;'1,I 1111 i' gqi111111111.i :,!1 A1 111 1411 8 li•. -1 -i-.1;',-,,1 ,,,Y,', 1 ;; i 0-1' ' ; . 11:11;:dklii;g4ril'ilkA;14 '!-' ; ; F 1 161 ic g. I iiwilw, „ 1, 111, 1,..11 „ 1 , 1 ,„ , , , , .„ 111 „ 1„,,,i , , 4:11/11 !!'3U :::=1A1 i t.,;:i .II•te.;•;.,' "-7-=, ;: ; ! : ! !..-Iii '1:1! : i '• t ' -----; 't,T21:tr, ' '..,""gr,;:,?.,171 nL.,i i 17;11*;.,,,,..,,e, ";';',"i'.. ; ; I ", 1R;,77,' ":', ,,, , • 1,.,,,,,V.;;."; ,Hii12. ," , , ; , 1 ;.,;,;H;.; : ;;;II,„;;;";" "ii 31:.- 1 ,..,!,;;;;,',,,,;U";.,". ,A,"1 ' " 1- ;;,..;2; Hri, ; ; , ; :4;"; ;,,:•;,; a .•:. . . .. . 2. • .: . ,. : .., .:• . . ,. . . . . . . a tt ! ! ! ! ; :!! ! : : 11 : t ! ii : 11 ; E • • • 1 : ! : 1 : : • t ! ' ! t ; : -. 1 ; ! : ! - : 1 : ; : 1 ' t ' ' ' F : : • : : ; ' ' : : F : : ! . ,. • , - : , . , . : . , , : . . : : : - : • : ; . : : - - F r li,-"iiS ,..;;U" - ; " ; . 113; ; ;' "21"4" :2! :21:. t ,,,, t;',,,r,2.!.. -.;>: : : ! : !-tk!: !Vit ; • ! ' : tz:t "tr' 4 2 ' •-•!;;;! : ! Y.; kz-,,,!2:g., H7,1,...! ! ,4-,;:„:',12!- ;:i. 2 ., ! ,,,„ „ ! !;,$,. ,,, ,, , , . : ,,,, ! !„. • =2, !.....:Z .ti 1,i12.t ! i ! ! ' :1,.:; I ! t:tit.:•! Iii :al.::: 1 14:1t2:1;;! '3 I; : , : , 1:1-1 ',N,:::,!.. ; : ; :-.. ,';,;'; 11. . , . . , , . , . . , : . , : : • , : . , . _ : , , : : • . , . . . . . , g 1 , ::ailH : , iv. ! , i . , ,, ,. -: ilulli : ., 1 ': ..., : i . , •4: --. 11• 1 ;2:" : : 11 ! : : , u!, t • 0 ; • " • ' : • : : " ' ' " : ' ' : ' ' ' ' ' : ' F : • F :'!!" " ! '-!-" : --t ' '-*!!"- ll .1„/:. 1,„iii i : :: :: •:', 1 '! .: ' :., :: ': . ! 1 It 1 i/.1:7.4:: .:, :t:41A.121):3; .2-3! .'; i ! 1. 1 ! ; :p...;t2;„ ! ; ; : ; --. ,; :-.Fi',.. ..!,' 2 iiIiIi1 Irit'i' ; ! I , ; Iii 1:1r:I . . _ . , . ; „ ••-:::::::, •,. • ,: ;:::;„ , „, „ „ ,. , ,•„,„,• ,,, .; ,.., . .., .,.. , ...,..... ... ,, ,„......„ ....... : : , , . , _ • . , . , . . , . . , . , . . • , . . : : . „ : . , ,, : . , : : , . . , , • , : , „ , . : , , , : . , , , . . , . • . , , , , „ , . : . , , . , . . , , . : ‘,1 izi ;-; : :.',,,,, ;: i i -: ,: 1 : : -, ,, : : : 111 : , 1 i : : : ; :,. 1 ., ., : 11 , ' •; i .i ; ] : : ! , t : : ': : i 1 : ', : - 3 4„ „ , „„ 1 „. 1 , 3 k „ , „, iii „,. „„ „ 1 „ 11. 1 „ , „ 1 „, , H1 „ : 11 , ,, „ ,, ,, ,, ,, ,, „ :„ „ , ,, ,, , „ „, , , , , ,, ,, , ,. ., „ „ ,, ,, , , H . 1: : t• t : ; i ; ! ! 1 ! ! : 1 :,,,, 1 i I ttt I t.,...zit 1 : : ! t t til i , t-ti' ! : ! : t, !!,1!:. ! 1 !: ! ! ! : • ; ! ;i-:” , I, ,' ' .a!R! !2!2! ! ! • :21 ',2'.2- • ; ', ' : : ', 11 : , , ii : ' 11 ,, , 11 ,.: : ,.. : :Th , : i .,. : ,, , , lii , , ,, -.: ' , 1 : : . : : , . ,.;R..,!.: ' a ' , ' ' L'••' ' 1, ; ; , 1 ; ' ''; ' ' -81•1: : ;'-; ''',.;;§ , ' :,-;:-1: -:att3.. :: : i . • ' : : :4 : : i ! : i: - :P: ,-t-.41,,...-; -42 i :;.,,,8 :: ;-. ': i , '., : 1 i i ., ,: 1 .1 ; i :i•-• :1 i : , ,-,-,21 , .': ,1-4,...1 V '"; ',: 1 "; 111 '; 111 ;i ; ; 11' ' ; 111 , 1 . 1, ii . , , •;: i ; ; ; , , ; : ,. '" , " " , ; , , , ; ' , . . . . . . . ,, „ „ „ , „ , , , , ..i: 11 . Y-_,! A( EF, :--------T-I-1--"1-7-1•Hill1111 : ! ; ; ; ; , ! ! !: III " , " III " - E , H " ' ' ' '' ' : : : : " '' ' ' : (_) g • . . , , . . , , „ ! . , , : : : . : _ : . , . li.'. (3) w1‘." 1 fe : 4 : 111: !,: 1111 :, 111111 :1Hriri, :: 111: ! rrr, 11i1 :11 : , 1: 1111: 11. HWr111, 1, : 1:, 11 ,11 i: t. : 411/ 1It II ,,,:,,,. .., 1 11111i illIZI"r'211g Pli"""1§1/11 1*".§17; "§1"*Z1!§" 11§:tlAili 1?:U114111.1 i?''g 161 1 0 , , LRIRI Iiigik•I :'11,1:13i.Aj.. '11, ; A 131:74 1,:i: ril li '!;;;: : ! -1: H,.:,' : . , !cr : i 1 I 1 H !! i i : E 1 1 t E y a , , . I t i t , r' Y t E S 3 r , 4 _ 3 f qj €, HI i : 1 : 3 4 ' II a - » ,s 1: i,/ : s' E su a ' x x al j i € E r .10; p 1114/ : 111181111 :81 / 1 ; , ; 111u111 , 114: • 3 E € S � E E S 1 1 1 ,, ,,,, ,C Rai r v� t E , l ,, 1 „, ,, , ,, H11 ,, 11 C E i �( '� � «� �l E j ! E r i E 1 1 r E ^ s i t f t[ 3 # • N i M E i , w -. E l l } i •3 _ „ , E . 1 4 4 1 E E i ! a. � . , E , : : , , , : „, v3- ; ; v ; : : : . . 4: ; v , , : 1 : v ; ; ; ;;;:g H E 1 j M E E EEE Li {y x a E1, El t g 3 ; Eif 31 g i.: $, r C r< l E 1 } 4 Y 3 , , t LL 1 E I E � e 1 ` � t ! { Hill p 4 N ! -2.E � A ? , _ E p } c $ I I E E f E S 111, 111111V1, E , Elf � ` 41 1Di: 1 1, ili1:41 :1 V : 1 1 V / ; 1 1 : 1:1 1 1 1 11/ 1 Till 11: Iv :iv 4,1, ; 1 1.:;'"1 :: : : 1 1111,1 iti 0111g.1, 11 lit filliat TIL.1111�R,. 4 , j } jj 5 gv, 1, �y( {}� y]7p�� .1 £ . 1 ,T, T? tg 11.1 k3,1 1, 1- F T S I,4 Ll D i^A ,,o b.,,. 3 0, W rb g ;xs . ' , , , . K3 affi s ssssxE ss i . � , 161 1C 1 , , ,, „ , , , , , , , , „ : : „ „ ,, ,, , „ , „ , , , ,, , . , „,,,,, , , ,, „ , :r.; ;A:.: : ; ; ill : ::. I ; 5 W i ;2E ' i', s-s s£sru.IsIu s: t. _ s ss M s, =s=s s s s », , , . . ,3 , . . ., , rp� r�',. N, 2 3 p w '!' '',:!a I � � 3m 0 1 , , .....„,„„ 4,4-4-4,4, ,;,:•-••i•;;;;;;i4+ 4■4 i. i-1-4 4 i ■ ':-'■ -.■ 4J. '. -i- i , a ; 0 w I 4 a E 1 I ja 0 , ,__ , , , 4 C 6 3 1 y ril 17 I t H t d £ 4 ,.: S; . 0 w $ Z1 ki £ H l LL ", K�o N f I? ^' LL (. f 8 d1 :S' a 15.E q V 1 ;'''',..] x E 1 .,----------1-1 , 1: .: H i 1 ,, , 1 ! i , ,, i ! i ] ; :, • i f I i U . : 1 t c LIIII III 'Ili 1!Ifilililil 1 !,11 1 f1 i i 1 lilt 1 / . l _, * £ 1 1 fi ll f ' , -111 f m - . L = ,Z Y= U, K? &; ,f: 3 !; § 8 r lg $ 20