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Agenda 05/10/2021 Cedar Hammock Community Development District Board of Supervisors Norman Day,Chairman Justin Faircloth,District Manager Quentin Greeley,Vice Chairman Sam Marshall,District Engineer Fred Bally,Assistant Secretary Dan Cox,District Counsel John Martino,Assistant Secretary Gene T.Bolton,Assistant Secretary Meeting Agenda Cedar Hammock Clubhouse 8660 Cedar Hammock Boulevard,Naples, Florida May 10, 2021—2:00 p.m. 1. Roll Call 2. Approval of Agenda 3. Public Comments on Agenda Items 4. Old Business A. Bulkhead& Bridge Repair/Replacement Project Update B. Bridge Sealing Discussion C. Discussion on Installation of Pedestrian Gate Locks 5. New Business 6. Public Hearing to Consider Adoption of the Fiscal Year 2022 Budget A. Open the Public Hearing for Public Comments B. Close the Public Hearing for Public Comments C. Consideration of Resolution 2021-04, Adoption of the Fiscal Year 2022 Budget D. Consideration of Resolution 2021-05, Levying of Assessments 7. Attorney's Report 8. Engineer's Report 9. Manager's Report A. Approval of the Minutes of April 12, 2021 Meeting B. Acceptance of the March 2021 Financial Report C. Follow Up Items D. Number of Registered Voters 10. Supervisors Requests 11.Audience Comments Cedar Hammock CDD May 10, 2021 Page 2 12. Adjournment Next scheduled meeting: October 12, 2021 District Office: Meeting Location: 5911 Country Lakes Drive Cedar Hammock Clubhouse Fort Myers,Florida 8660 Cedar Hammock Boulevard 239-245-7118 Naples, Florida www.CedarHammockCDD.com 'Naples attilu gilts PART OF THE USA TODAY NETWORK Published Daily Naples, FL 34110 CEDAR HAMMOCK COMMUNITY 210 N UNIVERSITY DR#702 CORAL SPRINGS,FL 33071 Affidavit of Publication STATE OF WISCONSIN COUNTY OF BROWN Before the undersigned they serve as the authority, personally appeared who on oath says that they serve as legal clerk of the Naples Daily News, a daily newspaper published at Naples,in Collier County,Florida; distributed in Collier and Lee counties of Florida;that the attached copy of the advertising was published in said newspaper on dates listed. Affiant further says that the said Naples Daily News is a newspaper published at Naples,in said Collier County, Florida,and that the said newspaper has heretofore been continuously published in said Colter County, Florida;distributed in Collier and Lee counties of Florida,each day and has been entered as second class mail matter at the post office in Naples, in said Collier County, Florida,for a period of one year next preceding the first publication of the attached copy of advertisement and affiant further says that he has neither paid nor promised any person, or corporation any discount, rebate, commission or refund for the purpose of securing this advertisement for publication in the said newspaper. 4/19/2021;4/26/2021 Subscribed and sworn to before on April 26th,2021 u VVi t tx 6 Notary,State of WI,County of Brown TARA MONDLOCI-I M Notary Public State of Wisconsin My commission expires: August 6,2021 PU131.!CAT ION COST:S2,0I6.00 AD NO:GCI0616644 CUSTOMER NO:324674 POP:PUBLIC NOTICE NOTICE OF PUBLIC HEARING TO CONSIDER THE ADOPTION OF THE FISCAL YEAR 2020/2021 BUDGET;AND NOTICE OF PUBLIC HEARING TO CONSIDER THE IMPOSITION " - OF MAINTENANCE AND OPERATION SPECIAL ASSESSMENTS,ADOPTION OF AN ASSESSMENT ROLL,AND THE LEVY,COLLECTION,AND ENFORCEMENT OF THE SAME; AND NOTICE OF REGULAR BOARD OF SUPERVISORS' MEETING. The Board of Supervisors for the Cedar Hammock Community Development District will hold two public hearings and a regular meeting on May 10,2021 at 2:00 p.m.at the Cedar Hammock Clubhouse,8660 Cedar Hammock Boulevard,Naples,Florida. The purpose of the first public hearing is to receive public comment and objections on the Fiscal Year 2021/2022 Proposed Budget.The first public hearing is being conducted pursuant to Chapter 190,Florida Statutes.The purpose of the second public hearing is to consider the imposition of special assessments to fund the District's proposed budget for Fiscal Year 2021 upon the lands located within the District,consider the adoption of an assessment roll,and to provide for the levy,collection,and enforcement of the assessments.The second public hearing is being conducted pursuant to Florida law including Chapters 190 and 197,Florida Statutes. At the conclusion of the public hearings,the Board will,by resolution,adopt a budget and levy assessments as finally approved by the Board. A regular board meeting of the District will also be held where the Board may consider any other business that may properly come before it. A copy of the proposed budget,preliminary assessment roll,and/or the agenda for the hearings and meeting may be obtained at the offices of the District Manager,Inframark Management Services,210 N University Drive,Suite 702,ph:(954)603-0033,during normal business hours. In accordance with Section 189.016,Florida Statutes,the proposed budget will be posted on the District's website www.cedarhammockcdd.com at least two days before the budget hearing date The special assessments are annually recurring assessments and are in addition to previously levied debt assessments. The table below presents the proposed schedule of operation and maintenance assessments. Landowners should note that while there is an increase in 0&M Assessments,the increase is offset by reductions in other assessments and the result is a net decrease in assessments for all properties. Amounts are preliminary and subject to change at the hearing and in any future year. The amounts are subject to early payment discount as afforded by law. 2021-2022 Assessment Chart 0&M Assessment Bridges&Bulkhead Project Total Total Prior Year ' FY 2022 FY 2021 Percent FY 2022 FY 2071 Percent MFY 20n_, FY 2021 Percent Product Total Units Fund Fund Change Fund Fund Change Per Unit Per Unit Chanyu Single Family 65 $509.26 $374.23 36,08% $658.11 $946 48 -30 5% $1,167 37 $1.320.71 -11.6% 2-Story 228 S509.26 $374,23 36.08% $658.11 $94648 30.5% $1,161.37 $1,320.71 •11.6% 4-Story 330 $509.26 $374.23 36.08% $658,11 $946.48 -305% 51,16737 $1,320 71 •11.6% Duplex 176 S509.26 $374.23 36.08% $658 11 S946 48 -30 5% $1,167 3/ $1.320 71 .11.6% 799 The tax collector will collect the assessments for platted lots. The District will directly collect the assessments for unplatted acreage,and a bill will be sent out in November 2021. For delinquent assessments that were initially directly billed by the District, the District may initiate a foreclosure action or may place the delinquent assessments on the next year's county tax bill. Failure to pay the assessments will cause a tax certificate to be issued against the property which may result in a loss of title. All affected property owners have the right to appear at the public hearings and the right to file written objections with the District within twenty(20)days of publication of this notice. The public hearings and meeting are open to the public and will be conducted in accordance with the provisions of Florida Law for Community Development Districts.The public hearings and meeting may be continued to a date,time,and place to be specified on the record at the hearings or meeting. There may be occasions when staff or other individuals may participate by speaker telephone. Any person requiring special accommodations at this meeting because of a disability or physical impairment should contact the District Office at(954)603-0033 at least forty-eight(48)hours prior to the meeting. It 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 decision made by the Board with respect to any matter considered at the public hearings or meeting is advised that person will need a record of 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. Justin Faircloth District Manager sa,.r: :tvatta.f.f:u�rrnis:-- e,,, ,.,._:....�.:.___::, ---.._.:..--ti• .►e br I i , IU perns 1. .. ; / ':41 .PVC`• I f ,J� (1 evYet �4 i. 4/�Vr .. . -r,,,•,,i,'r,-`i0 ei+; - i ter, '.-I Ii ',Jf f f" 111 f -4 t'i-r:,, 0i3 r ! i Es4 ( ro } . i . ../,, .,. , „__ .. •..,.. ,. . . \ . , , . , ` r 7, 7Gr , Jf ... _w fy.Jep l I/- q jF 1 From: nday cedarhammockcdd.com<nday@cedarhammockcdd.com> Sent:Saturday, May 1, 2021 9:13 AM To: Faircloth,Justin <justin.faircloth@inframark.com> Subject: Re: CHCDD- Bridge Sealing Justin I have been in lengthy discussion with Jim and Todd about the project and the average weather conditions during the 3 closure periods and have come to the conclusion that finding a painter who can get the project done without major cost overuns and jeopardizing the quality of the work is nearly impossible. The idea of a course closure in Nov. or Dec. may work but with many member complaints. What we have come up with is having course personnel do the work during normal course closures and if weather delays work, they merely continue at the next closure. Jim and Todd would provide some people that are short on hours due to the closures such as cart and bag personnel at regular hours and some of Todds crew on overtime. I have a great deal of confidence in their ability provided the CDD selects the product and spells out the procedures for application. Two of the club personnel and 2 of the course personnel have a lot of painting experience provided they are given clear instructions. This would also be a considerable cost savings along with good public relations. I would like this to be presented to the board at the next meeting. Thanks From: Faircloth,Justin <justin.faircloth@inframark.com> Sent: Monday,April 26, 2021 9:33 AM To: nday cedarhammockcdd.com<nday@cedarhammockcdd.com>; qgreeley cedarhammockcdd.com <ggreeley@cedarhammockcdd.com>;gbolton cedarhammockcdd.com <gbolton@cedarhammockcdd.com>;jmartino cedarhammockcdd.com <jmartino@cedarhammockcdd.com>;fbally cedarhammockcdd.com<fbally@cedarhammockcdd.com> Subject:CHCDD-Bridge Sealing Dear Members of the Board, I want to make you aware of some developments regarding the bridge sealing project after the last CDD meeting. I have followed up with Custom Painting & Restoration on their initial proposal asking them the following questions: "How long will it take you to do this project? The Club is planning to shut down for 10 days 6/14/21-6/23/21. Would you be able to complete the project then? " When I spoke to their Vice President, Steve Glazier, after the meeting he informed me that his initial bid did not include working on weekends and in order to get the project done during the shutdown he thought he would have to include weekends. My proposal request had the shutdown dates in it so he should have bid the project off of these dates and honor the pricing. Additionally, I have inquired about the warranty they would offer because I did not see that on their bid and wanted to make sure what it would be for the project. I have since corresponded with Mr. Glazier and the Sherwin Williams Southwest Florida Sales Representative, Joe Gonzalez, and found out that Sherwin Williams will not offer a paper warranty, but indicated they would provide a bucket warranty replacing the product with the same product if it proved to be defective. Apparently, paint companies are reluctant to provide warranties on horizontal surfaces in Southwest Florida due to the elements. In light of the information above along with the emails and calls I have received I plan to NOT execute a contract with Custom Painting & Restoration until this matter can be discussed again at the May CDD meeting unless there is an objection. If there is an objection to this planned course of action I will proceed as previously directed by the Board at the last meeting and attempt to have a contract executed with the vendor. I understand there has been review of the rain schedule and there is concern the work will not be able to be completed during the planned shutdown due to weather. The Chairman is working with the Club to see if there is a possibility of another planned shutdown later in the year during seasonal dryer periods. Let me know if you have any questions and please do not respond to all on this email, but directly to me. Sincerely, Justin Justin Faircloth I CAM, CDM I District Manager 6INFRAMARK +UCTURE MANAGEMENt SEPVICES 239.785.0675 I www.inframarkims.com SUPERVISORS,PLEASE DO NOT REPLY TO ALL AS THIS COULD BE A VIOLATION OF THE FLORIDA SUNSHINE PROVISIONS. CONFIDENTIALITY NOTICE:The information in this email is intended for the sole use of the recipient(s)and may be confidential and subject to protection under the law. If you are not the intended recipient,you are hereby notified that any distribution or copying of this email is strictly prohibited.If you have received this message in error,please contact the sender immediately and delete your copy from your computer. 11360 Metro Pkwy CTION Ft Myers, FL 33966 + UT'"OMAIIC Phone. 239-768-3667 Customer Proposal � .: OORaGATE Proposal Date speccomme www.ActionDoor.com P HOME OF 174 maw OCEM• 800-375-3667 04/12/21 .eyr,,m tans€ way Customer: INFRAMARK CEDAR HAMMOCK 210 N UNIVERSITY DR.#702 8660 CEDAR HAMMOCK RD CORAL SPRINGS FL 33071 NAPLES FL 34112 Luis Aparicio. Gate Estimator . email : Luis.Aparicio@ActionDoor . com ESTIMATE TO INSTALL 4 DOUBLE PUNCH LOCK MARINE GRADE WITH ADJUSTABLE HYDRAULIC GATE CLOSER. NEED TO REMOVE GATES TO WELD THE LOCK BOX FOR THE NEW LOCK. MATERIAL LISTING 4 2835 DC MARINE GRADE DOUBLE PUNCH LOCK 4 LB1150-A LOCK BOX ALUMINUM 4 SAMSON-2 GATE CLOSER 1 WELDING FEE 1 SPRAY PAIN NOT 100'' MATCH 1 INSTALLATION LABOR Subtotal : $ 7090 . 00 Tax S .00 Total : $ 7090.00 INCLUDES: INSTALLATION SALES TAX AND ONE YEAR GUARANTEE ON PARTS & LABOR. *** PRICES VALID FOR 30 DAYS FROM DATE OF QUOTE ' " " " ` 50°f> DEPOSIT REQUIRED TO ORDER " Thank you for i,our busirfessf Behind our work is more than just our great name—there's me,Jose Comellas.if at any time you feel you did not receive a fair value call me at 1-800-375-3667. A FINANCE CHARGE OF 1 7.%w11 aA added if ocl pain wrhun s0 dais,AINNUAL.PERCENTAGE RATE OF 18%i A reasonaole collection fee of ElS 00 plus ail collertron costs and attorney fees wdt be pa10It swt is brought Of not A SERVICE CHARGE OF S3.00 will be added to au accounts less than S200 00 d not paid within 30 daIs 4 FINANCE CHARGE OF 15G%will oe added to accounts S200 00 or more it not paid within 30 days ATONAL PERCENTAGE RITE OF 18.",'.A reA.n:')na"1s 011ed1on fee of S1£00 plus all court costs and reasona^de atbrnA,fee feei,wdl^e raid by creditor ACCEPTED BY SELLER: ACCEPTED BY BUYER: BY: BY: - 55NED: "TITLE DATE ACCEPTED: Hydraulic gate closer for large gates Locinox USA https://www.locinoxusa.com/locinoxusa/usa/gate-closers/samson!2?q=s... ([dci N OX) Let's make it better together HYDRAULIC GATE CLOSER FOR LARGE GATES Item No. SAMSON-2 Simple installation and flexible functionality make it the perfect fit for larger gates. Samson-2 is a polyvalent hydraulic gate closer developed with high quality components for an exceptional long life span.Temperature changes do not affect the smooth and constant functionality. The set of mounting brackets that are delivered with the closer make Samson-2 fit for any gate. Also fitted for chain link fences. Opening angle up to 150° depending on the situation Specially developed for outdoor use: industrial quality Scratch resistant and corrosion free anodised aluminum housing Consistent closing speed thanks to patented hydraulic damping Fast and easy fixation with Quick-Fix For left and right turning gates AVAILABLE IN FOLLOWING RAL-COLORS /IIv FEATURES 1 of 2 3/16/2020,9:31 AM Hydraulic gate closer for large gates I Locinox USA https://www.locinoxusa.com/locinoxusa/usa/gate-closers/samson!2?q=s... 4 1" no KG n u, ur,.3p• • 6 1/2 f r 330 LEIS WASHiM, 5OQ�K •7O•C (111,1:11) CI 2 of 2 3/16/2020,9:31 AM 2835 PASSAGE LEVER LOCK FEATURES Mechanical, keyless lever lock with one user code Lever handle on exterior and interior Auto-locking with passage function iic D13'TAL Reversible handing ;,ID 'a= ADA Compliant 2E) tor Adjustable latch 3 '"" Covers standard 2 1/8" hole 5 OPTIONS 43 C Y Single Combination, Double Combination kibClIGF.i®s rh. sJ• La. 3..J 4.t 56J 4• 0- ry,i 40' ,,.J 4.-{ t N.J Uz. Single Combination Double Combination DIMENSIONS & SPECIFICATIONS r ,5/8" 7/8" Dimensions: --- -- Length: 5 5/8" MM. Width: 1 5/8" 1OiCler 7 Depth: 2 1/4" siOiO7 Total Coverage with Trim Plates: 6 1/2" L x 2 1/2"W 3011 D ADA Lever Size: 4"W x 1" H 50.E D oOiOc 5 5/8" --: Backset:Adjustable xE i Door Thickness: 1 3/16"to 2", up to 5"with Extension Kit vOjtc Material:Zinc-plated steel I Teflon coated stainless steel interior components For Exterior& Interior Use - Weather Resistant -- ---- ' r'— 1 Lifetime Mechanical Warranty 1 J/ ., l 21/4" ORDERING INFORMATION Finish Single Combination Double Combination Antique Brass 2835AB 2835ABDC :1i Bright Brass 2835BB 2835BBDC in a ti ...., ti, ' Bright Chrome 2835BC 2835BCDC Jet Black 2835JB 2835JBDC Marine Grade 2835MG 2835MGDC Oil Rubbed Bronze 28350B 28350BDC Satin Chrome 2835SC 2835SCDC Satin Nickel 2835SN 28355NDC White 2835WH 2835WHDC WWW,LookeyUSA,com/2835 27 RESOLUTION 2021-04 A RESOLUTION OF THE CEDAR HAMMOCK COMMUNITY DEVELOPMENT DISTRICT RELATING TO THE ANNUAL APPROPRIATIONS OF THE DISTRICT AND ADOPTING THE BUDGET FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2021 AND ENDING SEPTEMBER 30, 2022, AND REFERENCING THE MAINTENANCE AND BENEFIT SPECIAL ASSESSMENTS TO BE LEVIED BY THE DISTRICT FOR SAID FISCAL YEAR WHEREAS, pursuant to the provisions of Section 190.008(2)(a), Florida Statutes, the District Manager has submitted to the Board of Supervisors (the "Board") a proposed budget for the next ensuing budget year along with an explanation and a complete financial plan for each fund of the District,prior to the fifteenth(15th)day in June 2021; and WHEREAS, at least sixty (60) days prior to the adoption of the proposed annual budget and any proposed long-term financial plan or program of the District for future operations (the "Proposed Budget") the District did file a copy of the Proposed Budget with the general purpose local governing authorities having jurisdiction over the area included in the District pursuant to the provisions of Section 190.008(2)(b),Florida Statutes; and WHEREAS, on March 8, 2021, the Board set May 10, 2021 as the date for a Public Hearing thereon and caused notice of such Public Hearing to be given by publication pursuant to Section 190.008(2)(a)Florida Statutes; and WHEREAS, Section 190.008(2)(a),Florida Statutes requires that,prior to October 1 of each year, the District Board by passage of the Annual Appropriation Resolution shall adopt a budget for the ensuing Fiscal Year and appropriate such sums of money as the Board deems necessary to defray all expenditures of the District during the ensuing Fiscal Year; and WHEREAS, the District Manager has prepared a Proposed Budget on a Cash Flow Budget basis, whereby the budget shall project the cash receipts and disbursements anticipated during a given time period, including reserves for contingencies for emergency or other unanticipated expenditures during the Fiscal Year; and WHEREAS, Section 190.021,Florida Statutes provides that the Annual Appropriation Resolution shall also fix the Maintenance Special Assessments and Benefit Special Assessments upon each piece of property within the boundaries of the District benefited, specifically and peculiarly, by the maintenance and/or capital improvement programs of the District, such levy representing the amount of District assessments necessary to provide for payment during the ensuing budget year of all properly authorized expenditures to be incurred by the District, including principal and interest of special revenue, capital improvement and/or benefit assessment bonds, in order for the District to exercise its various general and special powers to implement its single and specialized infrastructure provision purpose; and WHEREAS, the Board of Supervisors of the Cedar Hammock Community Development District finds and determines that the non-ad valorem special assessments it imposes and levies on the parcels of property by this Resolution for the operations of the District and the maintenance of its facilities will constitute a mechanism by which the property owners lawfully and validly will reimburse the District for those certain special and peculiar benefits the District has determined are received by, and flow to, the parcels of property from the systems, facilities and services being provided, and that the special and peculiar benefits are apportioned in a manner that is fair and reasonable in accordance with applicable assessment methodology and related case law;and WHEREAS, the Chair of the Board of Supervisors may designate the District Manager or other person to certify the non-ad valorem assessment roll to the Tax Collector in and for Collier County political subdivision on compatible electronic medium tied to the property identification number no later than 15 September 2021 so that the Tax Collector may merge that roll with others into the collection roll from which the November tax notice is to be printed and mailed; and WHEREAS, the proceeds from the collections of these imposed and levied non-ad valorem assessments shall be paid to the Cedar Hammock Community Development District; and WHEREAS, the Tax Collector, under the direct supervision of the Florida Department of Revenue performs the state work in preparing, mailing out, collecting and enforcing against delinquency the non-ad valorem assessments of the District using the Uniform Collection Methodology for non-ad valorem assessments; and WHEREAS, if the Property Appraiser and the Tax Collector have adopted a different technological procedure for certifying and merging the rolls, then that procedure must be worked out and negotiated with Board approval through the auspices of the District Manager before there are any deviations from the provisions of Section 197.3632, Florida Statutes, and Rule 12D-18, Florida Administrative Code. NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE CEDAR HAMMOCK COMMUNITY DEVELOPMENT DISTRICT; Section 1. The provisions of the whereas clauses are true and correct and are incorporated herein as dispositive. Section 2. Budget a. That the Board of Supervisors has reviewed the District Manager's Proposed Budget, a copy of which is on file with the office of the District Treasurer and the office of the Recording Department, and is hereby attached to this Resolution, and hereby approves the Proposed Budget subject to amendments made at the Public Hearing, if any. b. That the District Manager's Proposed Budget, as amended by the Board, is adopted hereby in accordance with the provisions of Section 190.008(2)(a),Florida Statutes and incorporated herein by reference; provided, however, that the comparative figures contained in the adopted budget may be revised subsequently as deemed necessary by the District Manager to reflect actual revenues and expenditures for the Fiscal Year 2021 and/or revised projections for Fiscal Year 2022. c. That the adopted budget, as amended, shall be maintained in the Office of the District Treasurer and the District Recording Department and identified as "The Budget for the Cedar Hammock Community Development District for the Fiscal Year Ending September 30, 2022, as Adopted by the Board of Supervisors on May 10,2021." Section 3. Appropriations That there be, and hereby is appropriated out of the revenues of the Cedar Hammock Community Development District, for the Fiscal Year beginning October 1, 2021, and ending September 30, 2022 the sum of Nine Hundred Ninety-Three Thousand and Four ($993,004) to be raised by the applicable imposition and levy by the Board of non-ad valorem special assessments and otherwise, which sum is deemed by the Board of Supervisors to be necessary to defray all expenditures of the District during said budget year, to be divided and appropriated in the following fashion: TOTAL GENERAL FUND $ 993,004 DEBT SERVICE FUND $ 0 Total All Funds $993,004 Section 4. Supplemental Appropriations The Board may authorize by Resolution supplemental appropriations or revenue changes for any lawful purpose from funds on hand or estimated to be received within the Fiscal Year as follows: a. Board may authorize a transfer of the unexpended balance or portion thereof of any appropriation item. b. Board may authorize an appropriation from the unappropriated balance of any fund. c. Board may increase any revenue or income budget account to reflect receipt of any additional unbudgeted monies and make the corresponding change to appropriations or the unappropriated balance. The District Manager and Treasurer shall have the power within a given fund to authorize the transfer of any unexpended balance of any appropriation item or any portion thereof, provided such transfers do not exceed Ten Thousand Dollars ($10,000) or have the effect of causing more than 10% of the total appropriation of a given program or project to be transferred previously approved transfers included. Such transfer shall not have the effect of causing a more than $10,000 or 10% increase, previously approved transfers included, to the original budget appropriation for the receiving program. Transfers within a program or project may be approved by the applicable Department Director and the District Manager or Treasurer. The District Manager or Treasurer must establish administrative procedures, which require information on the request forms proving that such transfer requests comply with this section. Section 5. Maintenance and Benefit Special Assessment Levy: Fixed and Referenced and to be Levied by the Board a. That the Fiscal Year 2022 Maintenance and Benefit Special Assessment Levies (the "assessment levy") for the assessment upon all the property within the boundaries of the District based upon the special and peculiar benefit received and further based upon reasonable and fair apportionment of the special benefit, shall be in accordance with the attached Exhibit A, which levy represents the amount of District assessments necessary to provide for payment during the aforementioned budget year of all properly authorized expenditures to be incurred by the District, including principal and interest of special revenue, capital improvement and/or benefit assessment bonds. Said assessment levy shall be distributed as follows: General Fund 0&M $ [See Assessment Levy Resolution 2021-05] Debt Service Fund $ [See Assessment Levy Resolution 2021-05] b. The designee of the Chair of the Board of Supervisors of the Cedar Hammock Community Development District shall be the Manager or the Treasurer of the District designated to certify the non-ad valorem assessment roll to the Tax Collector in and for the Collier County political subdivision, in accordance with applicable provisions of State law (Chapters 170, 190 and 197, Florida Statutes) and applicable Rules (Rule 12D-18, Florida Administrative Code) which shall include not only the maintenance special assessment levy but also the total for the debt service levy,as required by and pursuant to law. Introduced,considered favorably,and adopted this 10th day of May,2021. Cedar Hammock Community Development District - (i CL�Chairman Attest: J n Faircl ecretary RESOLUTION 2021-05 A RESOLUTION LEVYING AND IMPOSING A NON-AD VALOREM MAINTENANCE AND BENEFIT SPECIAL ASSESSMENT FOR THE CEDAR HAMMOCK COMMUNITY DEVELOPMENT DISTRICT FOR FISCAL YEAR 2022 Preamble WHEREAS, the Cedar Hammock Community Development District owns certain improvements and facilities, and incurs costs of operation,repairs and maintenance; and WHEREAS, the Board of Supervisors of the Cedar Hammock Community Development District find that the District's total General Fund Operation Assessments,taking into consideration other revenue sources during Fiscal Year 2022, will amount to $ Nine Hundred Thirty-Two Thousand Seven Hundred Twenty-Six($932,726);and WHEREAS, the Board of Supervisors of the Cedar Hammock Community Development District finds the District's Debt Service Fund Assessment during Fiscal Year 2022 will amount to$ 0 ;and WHEREAS, the Board of Supervisors of the Cedar Hammock Community Development District finds that the maintenance and benefit non-ad valorem special assessments it levies and imposes by this Resolution for operations, repair and maintenance will reimburse the District for certain special and peculiar benefits received by the property subject to the assessment flowing from the operations, repair and maintenance of the systems, facilities and services provided by the District and are apportioned in a manner that is fair and reasonable,in accordance with the applicable assessment methodology; and WHEREAS, the District Board understands that this Resolution levies the maintenance and benefit assessments for 2022 and the Chair of the District, or his designee, the District Manager, shall certify a total non-ad valorem assessment roll in a timely manner to the Tax Collector in and for Collier County for collection to include all assessments levied and approved by the District. NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE CEDAR HAMMOCK COMMUNITY DEVELOPMENT DISTRICT OF COLLIER COUNTY,FLORIDA; Section 1. All the whereas clauses are incorporated herein and are dispositive. Section 2. A special assessment for maintenance as provided for in Section 190.021(3), Florida Statutes, and a special assessment for the exercise of the District's powers as provided for in Section 3. That the collection and enforcement of the aforesaid Assessments on platted lots shall be by the Tax Collector serving as agent of the State of Florida in Collier County (Tax Collector) and shall be at the same time and in like manner as ad valorem taxes and subject to all ad valorem tax collection and enforcement procedures which attend the use of the official annual tax notice. Section 4. The levy and imposition of the Assessments on platted lots included in the District will be certified as a total amount on the non-ad valorem assessment roll to the Collier County Tax Collector by the designee of the Chair of the Board on compatible medium no later than 15 September 2021, and shall then be collected by the Tax Collector on the tax notice along with other non- ad valorem assessments from other local governments and with all applicable property taxes to each platted parcel of property. Section 5. The proceeds therefrom shall be paid to the Cedar Hammock Community Development District. Section 6. The Chair of the Board of the Cedar Hammock Community Development District designates the District Manager to perform the certification duties. Section 7. Be it further resolved that a copy of this Resolution be transmitted to the proper public officials so that its purpose and effect may be carried out in accordance with law. PASSED AND ADOPTED this 10th of May 2021, by the Board of Supervisors of the Cedar Hammock Community Development District, Collier County,Florida. Zu.44.44;. /tottete , tin F rcloth ecretary Vi ce,Chai rman CEDAR HAMMOCK Community Development District Annual Operating and Debt Service Budget Fiscal Year 2022 Adopted Budget (Meeting 5/10/21,version 1) Prepared by: 6INFRAMARK INFRASTRUCTURE MANAGEMENT SERVICES CEDAR HAMMOCK Community Development District Table of Contents Page OPERATING BUDGET General Fund Summary of Revenues, Expenditures and Changes in Fund Balances 1 -2 Budget Narrative 3-6 Bulkhead/Bridge Restoration Fund Summary of Revenues, Expenditures and Changes in Fund Balances 7 Amortization Schedule 8 Budget Narrative 9 Exhibit A-Allocation of Fund Balances 10 SUPPORTING BUDGET SCHEDULES 2021-2022 Non-Ad Valorem Assessment Summary 11 CEDAR HAMMOCK Community Development District Operating Budget Fiscal Year 2022 CEDAR HAMMOCK Community Development District General Fund Summary of Revenues, Expenditures and Changes in Fund Balances Fiscal Year 2022 Adopted Budget ADOPTED ACTUAL PROJECTED TOTAL ANNUAL ACTUAL ACTUAL BUDGET THRU APR- PROJECTED BUDGET ACCOUNT DESCRIPTION FY 2019 FY 2020 FY 2021 MAR-2021 SEP-2021 FY 2021 FY 2022 REVENUES Interest-Investments $ 17,191 $ 15,583 $ 10,088 $ 1,422 711 2,133 5,088 Hurricane Irma FEMA Refund 12,622 1,082 - - - - - Interest-Tax Collector 188 1,082 - 90 900 990 - Special Assmnts-Tax Collector 379,523 157,459 299,007 290,379 8,628 299,007 406,897 Special Assmnts-Other - 281,623 - - - - - Special Assmnts-Discounts (13,901) (16,029) (11,960) (11,112) - (11,112) (16,276) Other Miscellaneous Revenus 1,975 17,875 - - - - - TOTAL REVENUES 397,598 458,675 297,135 280,779 10,239 291,018 395,709 EXPENDITURES Administrative ProfServ-Engineering 38,061 22,048 30,000 4,701 25,299 30,000 5,000 ProfServ-Legal Services 14,201 7,494 4,249 1,635 2,614 4,249 2,000 ProfServ-Mgmt Consulting Sery 41,498 39,993 40,742 20,371 20,371 40,742 41,965 ProfServ-Property Appraiser 2,132 5,693 4,485 - 4,485 4,485 6,103 ProfServ-Special Assessment 7,941 13,029 8,938 8,120 - 8,120 8,214 ProfServ-Web Site Maintenance 656 587 696 348 348 696 717 Auditing Services 4,400 5,000 5,000 - 5,000 5,000 5,000 Postage and Freight 2,843 933 900 167 733 900 900 Insurance-General Liability 7,000 7,200 7,920 7,200 - 7,200 8,712 Printing and Binding 1,252 550 2,000 218 782 1,000 1,200 Legal Advertising 6,629 4,313 3,000 - 3,000 3,000 2,500 Misc-Bank Charges 380 - 700 - 350 350 700 Misc-Assessmnt Collection Cost 3,540 6,525 5,980 5,585 173 5,758 8,138 Misc-Web Hosting 239 3,316 1,799 1,020 779 1,799 2,000 Office Supplies 28 2,800 100 - 100 100 100 Annual District Filing Fee 175 175 175 175 - 175 175 Total Administrative 130,975 119,656 116,684 49,540 64,034 113,573 93,424 Field ProfServ-Field Management 5,008 5,116 1,633 5,966 5,966 11,932 1,682 Project Mgmt Fees - - - - - - 2,500 Contracts-Water Mgmt Services 7,200 7,200 7,200 3,600 3,600 7,200 7,200 Utility-Cameras 1,299 1,311 1,268 540 765 1,268 1,268 Electricity-Wells 2,190 3,177 4,866 3,202 1,664 4,866 4,866 Electricity-Aerator 1,358 1,163 2,000 718 1,282 2,000 4,000 R&M-Lake 3,113 2,940 3,000 - 3,000 3,000 3,000 R&M-Plant Replacement 788 - 3,015 - 3,015 3,015 500 Annual Operating Budget Fiscal Year 2022 Page 1 CEDAR HAMMOCK Community Development District General Fund Summary of Revenues, Expenditures and Changes in Fund Balances Fiscal Year 2022 Adopted Budget ADOPTED ACTUAL PROJECTED TOTAL ANNUAL ACTUAL ACTUAL BUDGET THRU APR- PROJECTED BUDGET ACCOUNT DESCRIPTION FY 2019 FY 2020 FY 2021 MAR-2021 SEP-2021 FY 2021 FY 2022 R&M-Bulkheads 8,000 2,575 5,000 - 5,000 5,000 5,000 R&M-Bridges - - 5,000 - 5,000 5,000 5,000 Misc-Contingency 13,591 7,774 17,469 - 17,469 17,469 17,469 Capital Outlay 12,015 23,130 - 8,820 - 8,820 90,000 Total Field 54,562 54,386 50,451 22,846 46,761 69,570 142,485 TOTAL EXPENDITURES 185,537 174,042 167,135 72,386 110,794 183,143 235,909 Reserve-Bridges 22,064 154,036 10,000 - 10,000 10,000 19,950 Reserve-Irrigaton - - - - - - 19,950 Reserve-Bulkheads 107,683 451,110 10,000 - 10,000 10,000 19,950 Reserve-Lakes - 72,153 10,000 - 10,000 10,000 19,950 Reserve-Roadways 830 105,000 100,000 - 100,000 100,000 80,000 Total Reserves 130,577 782,299 130,000 - 130,000 130,000 159,800 TOTAL EXPENDITURES&RESERVES 316,114 956,341 297,135 72,386 240,794 313,143 395,709 Excess(deficiency)of revenues Over(under)expenditures 81,484 (497,666) - 208,393 (230,555) (22,125) - OTHER FINANCING SOURCES(USES) TOTAL OTHER SOURCES(USES) $ - - - - - - - Net change in fund balance 81,484 (497,666) - 208,393 (230,555) (22,125) - FUND BALANCE,BEGINNING 784,456 865,940 368,274 368,274 - 368,274 346,149 FUND BALANCE, ENDING $ 865,940 $ 368,274 $ 368,274 $ 576,667 $ (230,555) $ 346,149 $ 346,149 Annual Operating Budget Fiscal Year 2022 Page 2 CEDAR HAMMOCK Community Development District General Fund Budget Narrative Fiscal Year 2022 REVENUES Interest Investments 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 Inframark Infrastructure Management Services. 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 2022 Page 3 CEDAR HAMMOCK Community Development District General Fund Budget Narrative Fiscal Year 2022 EXPENDITURES Administrative(cont'd) 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. Prof Service—Web Site Maintenance Inframark Infrastructure Management Services oversees the District's email accounts and provides assistance to Campus Suite regarding the website, as necessary. 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 fees that may be incurred during the year. Misc-Assessment Collection Costs The District reimburses the Tax Collector for 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. Annual Operating Budget Fiscal Year 2022 Page 4 CEDAR HAMMOCK Community Development District General Fund Budget Narrative Fiscal Year 2022 EXPENDITURES Administrative(cont'd) Misc—Web Hosting The District incurs expenses to maintain and renew their website domain and email accounts. Office Supplies Miscellaneous office supplies required for the preparation of agenda packages. Annual District Filing Fee The District is required to pay an annual fee of$175 to the Dept of Economic Opportunity Div. Field Services Prof Service—Field Management Inframark Infrastructure Management Services inspects the District's assets and provides two reports per year. Project Management Fees Expenses incurred from the field manager for the bulkhead/bridges and aeration project. Contracts—Water Mgmt Services Professional services for environmental permit compliance related to the water use permit. Utility—Cameras Costs associated with the District's gate cameras. Electricity-Wells FPL provides electrical services for the District's pumps at the following addresses: • 8684 Cedar Hammock Circle-Well#4 Meter KL35128 • 3639 Cedar Hammock Court—Well#6 Meter ACD4996 Electricity-Aerators FPL provides electrical services for the District's pumps at the following addresses: • 3826 Wax Myrtle Run—Meter ACD4234 • 8892 Cedar Hammock Blvd—Meter ACD4976 • 3766 Buttonwood Way—Meter ACD8387 R&M-Lake Repair and maintenance expenses related to lakes including washout repairs and erosion. Annual Operating Budget Fiscal Year 2022 Page 5 CEDAR HAMMOCK Community Development District General Fund Budget Narrative Fiscal Year 2022 EXPENDITURES Field Services(cont'd) R&M—Plant Replacement Replace landscape plantings at pumps. R&M—Bridges Repair and maintenance expenses related to the bridges. R&M—Bulkheads Repair and maintenance expenses related to bulkheads. Misc-Contingency Any current year Field expenditure that may not have been provided for in the budget. Capital Outlay For expenses incurred for the Aeration Project, as well as the replacement of the decks for bridges 9 & 18. Reserves: Reserve-Bridges Funds to be set aside for future bridge expenditures as determined by the BOS. Reserve-Irrigation 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 2022 Page 6 CEDAR HAMMOCK Community Development District Bulkhead/Bridge Restoration Fund Summary of Revenues, Expenditures and Changes in Fund Balances Fiscal Year 2022 Adopted Budget ADOPTED ACTUAL PROJECTED TOTAL ANNUAL ACTUAL BUDGET THRU APR- PROJECTED BUDGET ACCOUNT DESCRIPTION FY 2020 FY 2021 MAR-2021 SEP-2021 FY 2021 FY 2022 REVENUES Special Assmnts-Tax Collector $ 1,166,613 $ 756,239 $ 734,410 21,829 756,239 $ 525,829 Special Assmnts-Discounts (42,589) (30,250) (28,104) - (28,104) (21,033) TOTAL REVENUES 1,124,024 725,989 706,306 21,829 728,135 504,795 EXPENDITURES Administrative ProfServ-Property Appraiser 18,515 11,343 - 11,343 11,343 7,887 Misc-Assessmnt Collection Cost 17,336 15,124 14,126 437 14,563 10,517 Total Administrative 35,851 26,467 14,126 11,780 25,906 18,404 Field Capital Outlay Bulkhead and Bridges Project 1,627,526 699,522 587,510 - 587,510 - Total Field 1,627,526 699,522 587,510 - 587,510 - Debt Service Principal Prepayment - - 180,000 - 180,000 - Operating Loan Repayment - - - 560,000 560,000 560,000 Interest Expense - - 3,475 18,891 22,366 18,891 Total Debt Service - - 183,475 578,891 762,366 578,891 TOTAL EXPENDITURES 1,663,377 725,989 785,111 590,671 1,375,782 597,295 Excess(deficiency)of revenues Over(under)expenditures (539,353) - (78,805) (568,842) (647,647) (92,500) OTHER FINANCING SOURCES(USES) Loan/Note Proceeds 654,835 - 645,165 - 645,165 - TOTAL OTHER SOURCES(USES) 654,835 - 645,165 - 645,165 - Net change in fund balance 115,482 - 566,360 (568,842) (2,482) (92,500) FUND BALANCE,BEGINNING (1) 115,481 115,481 - 115,481 112,999 FUND BALANCE,ENDING $ 115,481 $ 115,481 $ 681,841 $ (568,842) $ 112,999 $ 20,499 Annual Operating Budget Fiscal Year 2022 Page 7 CEDAR HAMMOCK Community Development District 002 General Fund AMORTIZATION SCHEDULE BRIDGE AND BULKHEAD CAPITAL PROJECT- LOAN Period Extraordinary Annual Debt Ending Principal Redemption Rate Interest Debt Service Service 11/1/2020 $180,000 3.35% $ 33,030 $ 33,030 5/1/2021 $ 560,000 3.35% $ 18,891 $ 578,891 $ 611,921 11/1/2021 3.35% $ 9,446 $ 9,446 5/1/2022 $ 560,000 3.35% $ 9,446 $ 569,446 $ 578,891 I $ 1,120,000 $ 180,000 $ 70,812 $ 1,190,812 $ 1,190,8121 Annual Operating Budget Fiscal Year 2022 Page 8 CEDAR HAMMOCK Community Development District Bulkhead and Bridge Restoration Fund Budget Narrative Fiscal Year 2022 REVENUES 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-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. Misc-Assessment Collection Costs The District reimburses the Tax Collector for 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. Field Capital Outlay Bulkhead and Bridges Project Costs associated with the Bulkhead/Bridge Repair/Replacement Project. A loan for $1.3M, including interest and related costs,was taken out for this project in FY21. Annual Operating Budget Fiscal Year 2022 Page 9 CEDAR HAMMOCK Community Development District General Fund Exhibit"A" Allocation of Fund Balances AVAILABLE FUNDS Amount Beginning Fund Balance-Fiscal Year 2022 $ 346,149 Net Change in Fund Balance-Fiscal Year 2022 Reserves-Fiscal Year 2022 Additions 159,800 Total Funds Available(Estimated)-FY22 505,949 ALLOCATION OF AVAILABLE FUNDS Assigned Fund Balance Operating Reserve-First Quarter Operating Capital 58,977 (1) Reserves-Bridges Prior Year's Reserve Funding - FY 2022 Reserve Funding 19,950 19,950 Reserves-Bulkheads Prior Year's Reserve Funding - FY 2022 Reserve Funding 19,950 19,950 Reserves-Irrigation FY2022 Reserve Funding 19,950 19,950 Reserves-Lakes Prior Year's Reserve Funding - FY 2022 Reserve Funding 19,950 19,950 Reserves-Roadways Prior Year's Reserve Funding - FY 2022 Reserve Funding 80,000 80,000 Subtotal 218,777 Total Allocation of Available Funds 218,777 Total Unassigned (undesignated)Cash $ 287,172 Notes (1) Represents approximately 3 months of operating expenditures. Annual Operating Budget Fiscal Year 2022 Page 10 CEDAR HAMMOCK Community Development District Supporting Budget Schedules Fiscal Year 2022 CEDAR HAMMOCK Community Development District 2021-2022 Assessment Chart O&M Assessment Bridges and Bulkhead Project Total Total Prior Year FY 2022 FY 2021 Percent FY 2022 FY 2021 Percent FY 2022 FY 2021 Percent Product Total Units Fund Fund Change Fund Fund Change Per Unit Per Unit Change Single Family 65 $509.26 $374.23 36.08% $ 658.11 $ 946.48 -30.5% $1,167.37 $1,320.71 -11.6% 2-Story 228 $509.26 $374.23 36.08% $ 658.11 $ 946.48 -30.5% $1,167.37 $1,320.71 -11.6% 4-Story 330 $509.26 $374.23 36.08% $ 658.11 $ 946.48 -30.5% $1,167.37 $1,320.71 -11.6% Duplex 176 $509.26 $374.23 36.08% $ 658.11 $ 946.48 -30.5% $1,167.37 $1,320.71 -11.6% 799 Annual Operating Budget Fiscal Year 2022 Page 11 CEDAR HAMMOCK Community Development District Financial Report March 31, 2021 (Unaudited) Prepared by: ( INFRAMARK INIRASTRUCTURE MANAGEMENT SERVICES CEDAR HAMMOCK Community Development District Table of Contents FINANCIAL STATEMENTS Pages Balance Sheet 1 General Fund 2-3 General Fund-Bulkhead/Bridge Restoration Fund 4 SUPPORTING SCHEDULES Non-Ad Valorem Special Assessments 5 Cash and Investment Report 6 Valley National Bank Reconciliation 7 Check Register 8 CEDAR HAMMOCK Community Development District Financial Statements (Unaudited) March 31, 2021 CEDAR HAMMOCK Community Development District Governmental Funds Balance Sheet March 31, 2021 GF-BULKHEAD AND BRIDGE GENERAL RESTORATION ACCOUNT DESCRIPTION FUND FUND TOTAL ASSETS Cash-Checking Account $ 1,044,123 $ - $ 1,044,123 Due From Other Funds - 681,841 681,841 Investments: Money Market Account 215,167 - 215,167 Deposits 1,359 - 1,359 TOTAL ASSETS $ 1,260,649 $ 681,841 $ 1,942,490 LIABILITIES Accounts Payable $ 1,110 $ - $ 1,110 Accrued Expenses 1,031 - 1,031 Due To Other Funds 681,841 - 681,841 TOTAL LIABILITIES 683,982 - 683,982 FUND BALANCES Nonspendable: Deposits 1,359 - 1,359 Assigned to: Operating Reserves 108,140 - 108,140 Unassigned: 467,168 681,841 1,149,009 TOTAL FUND BALANCES $ 576,667 $ 681,841 $ 1,258,508 TOTAL LIABILITIES&FUND BALANCES $ 1,260,649 $ 681,841 $ 1,942,490 Page 1 CEDAR HAMMOCK Community Development District General Fund Statement of Revenues, Expenditures and Changes in Fund Balances For the Period Ending March 31,2021 ANNUAL ADOPTED YEAR TO DATE YEAR TO DATE VARIANCE($) ACCOUNT DESCRIPTION BUDGET BUDGET ACTUAL FAV(UNFAV) REVENUES Interest-Investments $ 10,088 $ 5,044 $ 1,422 $ (3,622) Interest-Tax Collector - - 90 90 Special Assmnts-Tax Collector 299,007 287,735 290,379 2,644 Special Assmnts-Discounts (11,960) (11,509) (11,112) 397 TOTAL REVENUES 297,135 281,270 280,779 (491) EXPENDITURES Administration ProfServ-Engineering 30,000 15,000 4,701 10,299 ProfServ-Legal Services 4,249 2,125 1,635 490 ProfServ-Mgmt Consulting Sery 40,742 20,371 20,371 - ProfServ-Property Appraiser 4,485 4,485 - 4,485 ProfServ-Special Assessment 8,938 8,938 8,120 818 ProfServ-Web Site Maintenance 696 348 348 - Auditing Services 5,000 - - - Postage and Freight 900 450 167 283 Insurance-General Liability 7,920 7,920 7,200 720 Printing and Binding 2,000 1,000 218 782 Legal Advertising 3,000 1,500 - 1,500 Misc-Bank Charges 700 350 - 350 Misc-Assessmnt Collection Cost 5,980 5,753 5,585 168 Misc-Web Hosting 1,799 899 1,020 (121) Office Supplies 100 50 - 50 Annual District Filing Fee 175 175 175 - Total Administration 116,684 69,364 49,540 19,824 Page 2 CEDAR HAMMOCK Community Development District General Fund Statement of Revenues, Expenditures and Changes in Fund Balances For the Period Ending March 31, 2021 ANNUAL ADOPTED YEAR TO DATE YEAR TO DATE VARIANCE($) ACCOUNT DESCRIPTION BUDGET BUDGET ACTUAL FAV(UNFAV) Field ProfServ-Field Management 1,633 817 5,966 (5,149) Contracts-Water Mgmt Services 7,200 3,600 3,600 - Utility-Cameras 1,268 634 540 94 Electricity-Wells 4,866 2,433 3,202 (769) Electricity-Aerator 2,000 1,000 718 282 R&M-Lake 3,000 1,500 - 1,500 R&M-Plant Replacement 3,015 1,508 - 1,508 R&M Bulkheads 5,000 2,500 - 2,500 R&M-Bridges&Cart Paths 5,000 2,500 - 2,500 Misc-Contingency 17,469 8,734 - 8,734 Capital Outlay - - 8,820 (8,820) Reserve-Bridges 10,000 5,000 - 5,000 Reserve-Bulkheads 10,000 5,000 - 5,000 Reserve-Lakes 10,000 5,000 - 5,000 Reserve-Roadways 100,000 50,000 - 50,000 Total Field 180,451 90,226 22,846 67,380 TOTAL EXPENDITURES 297,135 159,590 72,386 87,204 Excess(deficiency)of revenues Over(under)expenditures - 121,680 208,393 86,713 Net change in fund balance $ - $ 121,680 $ 208,393 $ 86,713 FUND BALANCE,BEGINNING(OCT 1,2020) 368,274 368,274 368,274 FUND BALANCE,ENDING $ 368,274 $ 489,954 $ 576,667 Page 3 CEDAR HAMMOCK Community Development District Gf-Bulkhead And Bridge Restoration Fund Statement of Revenues, Expenditures and Changes in Fund Balances For the Period Ending March 31,2021 ANNUAL ADOPTED YEAR TO DATE YEAR TO DATE VARIANCE($) ACCOUNT DESCRIPTION BUDGET BUDGET ACTUAL FAV(UNFAV) REVENUES Interest-Investments $ - $ - $ - $ - Special Assmnts-Tax Collector 756,239 695,380 734,410 39,030 Special Assmnts-Discounts (30,250) (27,816) (28,104) (288) TOTAL REVENUES 725,989 667,564 706,306 38,742 EXPENDITURES Administration ProfServ-Property Appraiser 11,343 11,343 - 11,343 Misc-Assessmnt Collection Cost 15,124 13,906 14,126 (220) Total Administration 26,467 25,249 14,126 11,123 Field Capital Outlay-Bulkheads 699,522 349,761 587,510 (237,749) Total Field 699,522 349,761 587,510 (237,749) Debt Service Principal Prepayment - - 180,000 (180,000) Operating Loan Repayment - - - - Interest Expense - - 3,475 (3,475) Total Debt Service - - 183,475 (183,475) TOTAL EXPENDITURES 725,989 375,010 785,111 (410,101) Excess(deficiency)of revenues Over(under)expenditures - 292,554 (78,805) (371,359) OTHER FINANCING SOURCES(USES) Loan/Note Proceeds - - 645,165 645,165 TOTAL FINANCING SOURCES(USES) - - 645,165 645,165 Net change in fund balance $ - $ 292,554 $ 566,360 $ 273,806 FUND BALANCE,BEGINNING(OCT 1,2020) 115,481 115,481 115,481 FUND BALANCE,ENDING $ 115,481 $ 408,035 $ 681,841 Page 4 CEDAR HAMMOCK Community Development District Supporting Schedules March 31, 2021 CEDAR HAMMOCK Community Development District Non-Ad Valorem Special Assessments (Collier County Tax Collector-Monthly Collection Distributions) For the Fiscal Year Ending September 30, 2021 ALLOCATION Bulkhead/Bridge Date Net Amount (Discount) Commission Amount General Fund Restoration Received Received Amount Amount Received Assessments Assessments Assessments Levied For FY 2021 $ 1,055,247 $ 299,010 $ 756,238 Allocation % 100% 28% 72% 10/29/20 $ 10,209 $ 584 $ 208 $ 11,001 $ 3,117 $ 7,884 11/13/20 6,213 264 127 6,604 1,871 4,732 11/17/20 209,986 8,928 4,285 223,200 63,245 159,955 11/19/20 233,594 9,932 4,767 248,293 70,355 177,938 12/10/20 397,607 16,906 8,114 422,627 119,754 302,874 12/20/20 26,688 898 545 28,130 7,971 20,159 01/31/21 40,707 1,177 831 42,714 12,103 30,611 02/17/21 27,996 489 571 29,056 8,233 20,823 03/17/21 12,862 40 262 13,164 3,730 9,434 TOTAL $ 965,861 $ 39,217 $ 19,711 $ 1,024,789 $ 290,379 $ 734,410 % COLLECTED 97% 97% 97% TOTAL OUTSTANDING $ 30,458 $ 8,631 $ 21,828 Page 5 CEDAR HAMMOCK Community Development District All Funds Cash and Investment Report March 31, 2021 General Fund Account Name Bank Name Investment Type Maturity Yield Balance Checking Account-Operating Valley National Bank Gov't Interest Checking n/a 0.25% 1,044,123 Money Market Account BankUnited Public Funds MMA n/a 0.25% 215,167 Total $ 1,259,290 Page 8 Cedar Hammock CDD Bank Reconciliation Bank Account No. 2555 Valley National Bank GF Statement No. 3/21 Statement Date 3/31/2021 G/L Balance(LCY) 1,044,123.32 Statement Balance 1,049,648.67 G/L Balance 1,044,123.32 Outstanding Deposits 0.00 Positive Adjustments 0.00 Subtotal 1,049,648.67 Subtotal 1,044,123.32 Outstanding Checks 5,525.35 Negative Adjustments 0.00 Differences 0.00 Ending G/L Balance 1,044,123.32 Ending Balance 1,044,123.32 Difference 0.00 Posting Document Document Cleared Date Type No. Description Amount Amount Difference Outstanding Checks 3/17/2021 Payment 2535 INNERSYNC STUDIO LTD 388.13 0.00 388.13 3/26/2021 Payment 2536 CARDNO ENTRIX 600.00 0.00 600.00 3/31/2021 Payment 2537 BANKS ENGINEERING INC 740.00 0.00 740.00 3/31/2021 Payment 2538 INFRAMARK,LLC 3,797.22 0.00 3,797.22 Total Outstanding Checks 5,525.35 5,525.35 Page 7 cz cp a s o 0 o 8 N 0 v 0 CO N c o m , m , 0 0 0 Ts v �LOvaOi�i Ea-s H H H H - 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U m Z Z Z Z Z Z Z LL LL LL ± LL t O -8 -8 '8 -8-8-8-8-8-8-8 -8 -8 -8 -8 a F ¢ ♦g off g to g 1�J p 7>>;7 1 g' J J 7 �!• 0 Z Nso # # # # # "n J Y .7 Y Y Y G 0 O O Zr," G N S 2 N S N 2 S N > 0 0 0 0 0 0 111 U o 00000000 a o C a C 0 a o a o Cedar Hammock CDD Bank Reconciliation Bank Account No. 2555 Valley National Bank GF Statement No. 3/21 Statement Date 3/31/2021 G/L Balance(LCY) 1,044,123.32 Statement Balance 1,049,648.67 G/L Balance 1,044,123.32 Outstanding Deposits 0.00 Positive Adjustments 0.00 Subtotal 1,049,648.67 Subtotal 1,044,123.32 Outstanding Checks 5,525.35 Negative Adjustments 0.00 Differences 0.00 Ending G/L Balance 1,044,123.32 Ending Balance 1,044,123.32 Difference 0.00 Posting Document Document Cleared Date Type No. Description Amount Amount Difference Outstanding Checks 3/17/2021 Payment 2535 INNERSYNC STUDIO LTD 388.13 0.00 388.13 3/26/2021 Payment 2536 CARDNO ENTRIX 600.00 0.00 600.00 3/31/2021 Payment 2537 BANKS ENGINEERING INC 740.00 0.00 740.00 3/31/2021 Payment 2538 INFRAMARK,LLC 3,797.22 0.00 3,797.22 Total Outstanding Checks 5,525.35 5,525.35 Page 7 CO CD 0) III a N o 0 0 o r o v o m ^ r N o o M , o 0 Ea 8 m , g , ^ wLULU « w 6g `- �,-, o<.Ia x ° ° q $ e rs, Ts S S S Soo S m r S 8 S 8 I- c �n y u N 4. 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Z W NCO LU U U LU U LU L m `m LC,LU A Nio W e ° = a D ~ z co WU WU WU W7 WU' 0 LIJ CCD r C is U U m o r Nioo m Q W3 y w «««¢ N ' W Z ������ cv it # it it M U 2 LL o 0 o U U U U Eno r p U CW7 o f a w roman r-,cam-.nM < < Q Q N w 0 0 .0 2 U U Lu U U 2 2 d z < Q U U 2 O a 7 O = .0. � Ni N o _ s £ o d 0CI LL o r COU a o 0 on 0 2 2 Q LII.11 a E i 0 1 # O U U U J Z Q ¢ O z • I x W U U U U U U U YCD O COCC Z 0 ZI- W J LU J J J�LU Z x r O w <¢¢¢¢¢a x x 2 x x Q wCn o `� 1 1 1 1 1 a4 1 < < < < < CO p < ZZZZZZZ LLLLLLLLLLz Q < m cli a a a I- Z CV N CD N h N N N woi M w J at Y 4. Y c at Y at Y L" Y�L" ��i�l" G N o- o^ 8 G O J U U� U� U U � �� icy its RQ W.- W_ W C UWM Q =.- S U N 2 S N > U o 2 o U o O o 0 0 o o o o 0 o SA <o <o <o Q o r" JennferJ. Edwards �- SupevisorqfEkctions April 20, 2021 Ms Sandra Demarco Cedar Hammock CDD 210 N. Univeristy Drive Suite 702 Coral Springs, FL 33071 Dear Ms Demarco, In compliance with 190.06 of the Florida Statutes this letter is to inform you that the official records of the Collier County Supervisor of Election indicate 560 active registered voters residing in the Cedar Hammock CDD as of April 15, 2021. Should you have any questions regarding election services for this district, please free to contact our office, Sincerely, 0130) David B.Carpenter Qualifying Officer Collier County Supervisor of Elections (239)252-8501 Dave.Carpenter@CollierVotes.gov ,c�9FFtOg c+lft{ Y Lam`" Rev Dr Martin Luther King Jr Building•3750 Enterprise Avenue•Naples FL 34104 ; ...;r, ,w" Phone:(239)252-VOTE•Fax:(239)774-9468•www.CollierVotes.com utiTY of ON'