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Agenda 03/08/2022 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 March 8,2022—2:00 p.m. 1. Roll Call 2. Approval of Agenda 3. Public Comments on Agenda Items 4. Old Business 5. New Business A. Distribution of the Proposed Fiscal Year 2023 Budget and Consideration of Resolution 2022-04, Approving the Budget and Setting the Public Hearing B. Consideration of Resolution 2022-05, 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 C. Qualifying to Run Information 6. Attorney's Report 7. Engineer's Report 8. Manager's Report A. Approval of the Minutes of February 8, 2022 Meeting B. Acceptance of the January 2022 Financial Report C. Follow Up Items i. 3626 Cedar Hammock Ct. Erosion Repairs 9. Supervisors Requests 10. Audience Comments 11. Adjournment Next scheduled meeting: April 12,2022 kti1 r I i r k � 'NC1lt!, PART OF THE USA TODAY NETWORK Published Daily Naples, FL 34110 CEDAR HAMMOCK COMMUN ITY 210 N UNIVERSITY DR#702 CORAL SPRINGS, FL 33071-7320 Notice of Community Development District Affidavit of Publication The Board of Supervisors of the Cedar Hammock Corn- STATE OF WISCONSIN munity Development District COUNTY OF BROWN will hold their meetings for Fiscal Year 2022 on the 2nd Tuesday of the month at the Before the undersigned they serve as the authority, Cedar Hammock HammockClu Boule- ersonall appeared8660 Cedar at 2:00 Boule- personally said legal clerk who on oath says that yard, Naples, Florida 2:00 he/she serves as Legal Clerk of the Naples Daily News, a p.m.on the following months: daily newspaper published at Naples, in Collier County, October 12,2021 Florida; distributed in Collier and Lee counties of Florida; November 9,2021 December 14,2021 that the attached copy of the advertising was published in February 8,2022 said newspaper on dates listed. Affiant further says that the March 8,2022 April 12,2022 said Naples Daily News is a newspaper published at May 10,2022 Naples, in said Collier County, Florida, and that the said The meetings are open to the newspaper has heretofore been continuously published in public and will be conducted said in accordance with the provi- sion of Florida Law for Corn- Collier County, Florida; distributed in Collier and Lee munity Development Districts. counties of Florida, each day and has been entered as Meetings may be continued to a date, time and location second class mail matter at the post office in Naples, in to be specified on the record said Collier County, Florida, for a period of one year next at the meetings. preceding the first publication of the attached copy of There may be occasions when advertisement; and affiant further says that he has neither one or more Supervisors will participate via telephone. In paid nor promised any person, or corporation any discount, accordance with the provi- rebate, commission or refund for the purpose of securing lions of the Americans with Disabilities Act,any person re- this advertisement for publication in the said newspaper. quiring special accommoda- tions at these meetings be cause of a disability or physi• Published: 04/01/2021 cal impairment should contact -.r---. _ the District Management Company, Inframark, LLC at 954-603-0033 at least two (2) calendar days prior to the date of the meetings. If you Subscribed and sworn to before on April 1,2021. are hearing or speech im- paired, please contact the Florida Relay Service at 7-1-1 or (800) 955-8771 (TTv)/(800) 955-8770 (Voice) for aid in )61 Y V1 iv %l L or I. -) contacting the District Man- agement Company. Notary,State of WI,County of Brown Each person who decides to appeal any action taken at FARA MONDLOCI I these meetings is advised that Notary Public: these will need a record of the proceedings and accord- State of Wisconsin ingly,the person may need to ensure a verbatim record of the proceedings is made, in- cluding the testimony and evi- dence upon which such ap- My commission expires August 6,2021 peal is to be based. Justin Faircloth District Manager Publication Cost:$255.50 Publish:4/1/21 Ad No:0004656810 4656810 Customer No: 1304217 PO#: FY2022 Meeting Schedule #of Affidavits1 This is not an invoice RESOLUTION 2022-04 A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE CEDAR HAMMOCK COMMUNITY DEVELOPMENT DISTRICT APPROVING THE BUDGET FOR FISCAL YEAR 2023 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 2023;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 2023 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 10, 2022 Hour: 2:00 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 8th day of March 2022. Norman Day Chairman 4-1/4.7:)40 4/J tin Faircloth ecretary CEDAR HAMMOCK Community Development District Annual Operating Budget Fiscal Year 2023 Approved Budget (Printed 2/1/22 at 9am) 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 BudgetNarrative ......................................................................................................... 3-6 Exhibit A-Allocation of Fund Balances ............................................................................ 7 SUPPORTING BUDGET SCHEDULES 2023-2022 Non-Ad Valorem Assessment Summary............................................................ 8 Cedar Hammock Community Development District Proposed Budget Fiscal Year 2023 CEDAR HAMMOCK Community Development District General Fund Summary of Revenues, Expenditures and Changes in Fund Balances Fiscal Year 2023 Approved Budget ADOPTED ACTUAL PROJECTED TOTAL ANNUAL ACTUAL ACTUAL BUDGET THRU JAN- PROJECTED BUDGET ACCOUNT DESCRIPTION FY 2020 FY 2021 FY 2022 DEC-2021 SEP-2022 FY 2022 FY 2023 REVENUES Interest-Investments $ 15,583 $ 2,220 $ 5,088 $ 459 $ 1,377 $ 1,836 $ 2,034 Hurricane Irma FEMA Refund 1,082 - - - - - - Interest-Tax Collector 1,082 109 - - - - - Special Assmnts-Tax Collector 157,459 299,010 406,897 360,008 46,889 406,897 406,898 Special Assmnts-Other 281,623 - - - - - - Special Assmnts-Discounts (16,029) (11,007) (16,276) (14,375) (938) (15,313) (16,276) Other Miscellaneous Revenues 17,875 - - - - - - TOTAL REVENUES 458,675 290,332 395,709 346,092 47,328 393,420 392,656 EXPENDITURES Administrative P/R-Board of Supervisors - - - - - - - FICA Taxes - - - - - - - ProfServ-Engineering 22,048 5,317 5,000 - 5,000 5,000 5,000 ProfServ-Legal Services 7,494 2,108 2,000 639 1,917 2,556 2,500 ProfServ-Mgmt Consulting 39,993 40,743 41,965 10,491 31,474 41,965 43,224 ProfServ-Property Appraiser 5,693 - 6,103 - 6,103 6,103 6,103 ProfServ-Special Assessment 13,029 8,120 8,214 8,214 - 8,214 3,311 ProfServ-Web Site Maintenance 587 696 717 179 522 701 739 Auditing Services 5,000 5,000 5,000 - 4,275 4,275 4,275 Postage and Freight 933 870 900 123 779 902 900 Insurance-General Liability 7,200 7,200 8,712 7,199 - 7,199 7,919 Printing and Binding 550 496 1,200 189 334 523 1,236 Legal Advertising 4,313 2,527 2,500 - 2,500 2,500 2,575 Misc-Bank Charges - - 700 - - - 100 Misc-Assessment Collection Cost 6,525 969 8,138 6,913 1,225 8,138 8,138 Misc-Web Hosting 3,316 1,818 2,000 2,000 - 2,000 2,000 Office Supplies 2,800 - 100 - - - 100 Annual District Filing Fee 175 175 175 175 - 175 175 Total Administrative 119,656 76,039 93,424 36,122 54,129 90,251 88,296 Field ProfServ-Field Management 5,116 7,189 1,682 421 1,263 1,684 1,733 Management Services - - 2,500 - 1,632 1,632 2,500 Contracts-Water Mgmt Services 7,200 7,200 7,200 1,800 5,400 7,200 7,200 Utility-Cameras 1,311 540 1,268 - 926 926 1,000 Electricity-Wells 3,177 4,948 4,866 72 8 80 4,866 Electricity-Aerator 1,163 1,464 4,000 389 1,167 1,556 4,000 R&M-Lake 2,940 5,582 3,000 - 3,000 3,000 3,000 R&M-Roads - - - - - - 90,555 R&M-Plant Replacement - - 500 - 500 500 500 R&M Bulkheads 2,575 - 5,000 - 5,000 5,000 5,000 R&M-Bridges&Cart Paths - - 5,000 - 5,000 5,000 5,000 Misc-Contingency 30,074 5,804 17,469 3,620 14,319 17,939 19,207 Capital Outlay 702,019 35,688 90,000 - - - - Annual Operating Budget Fiscal Year 2023 Page 1 CEDAR HAMMOCK Community Development District General Fund Summary of Revenues, Expenditures and Changes in Fund Balances Fiscal Year 2023 Approved Budget ADOPTED ACTUAL PROJECTED TOTAL ANNUAL ACTUAL ACTUAL BUDGET THRU JAN- PROJECTED BUDGET ACCOUNT DESCRIPTION FY 2020 FY 2021 FY 2022 DEC-2021 SEP-2022 FY 2022 FY 2023 Reserve-Bridges - - 19,950 - - - 19,950 Reserve-Bulkheads 38,968 - 19,950 - - - 19,950 Reserves-Irrigation System - - 19,950 - - - 19,950 Reserve-Lakes 41,312 - 19,950 - - - 19,950 Reserve-Roadways 830 4,500 80,000 - - - 80,000 Total Field 836,685 72,915 302,285 6,302 38,215 44,517 304,361 TOTAL EXPENDITURES 956,341 148,954 395,709 42,424 92,343 134,767 392,656 Excess(deficiency)of revenues Over(under)expenditures (497,666) 141,378 - 303,668 (45,015) 258,653 - OTHER FINANCING SOURCES(USES) Contribution to(Use of)Fund Balance - - - - - - - TOTAL OTHER SOURCES(USES) - - - - - - - Net change in fund balance (497,666) 141,378 - 303,668 (45,015) 258,653 - FUND BALANCE,BEGINNING 865,940 368,274 509,652 509,652 - 509,652 768,305 FUND BALANCE,ENDING $ 368,274 $ 509,652 $ 509,652 $ 813,320 $ (45,015) $ 768,305 $ 768,305 Annual Operating Budget Fiscal Year 2023 Page 2 CEDAR HAMMOCK Community Development District General Fund Exhibit"A" Allocation of Fund Balances AVAILABLE FUNDS Amount Beginning Fund Balance-Fiscal Year 2023 $ 768,305 Net Change in Fund Balance-Fiscal Year 2023 - Reserves-Fiscal Year 2023 Additions 159,800 Total Funds Available(Estimated)-FY23 928,105 ALLOCATION OF AVAILABLE FUNDS Assigned Fund Balance Operating Reserve-First Quarter Operating Capital 58,214 (1) Reserves-Bridges Prior Year's Reserve Funding 29,950 FY 2023 Reserve Funding 19,950 49,900 Reserves-Bulkheads Prior Year's Reserve Funding 29,950 FY 2023 Reserve Funding 19,950 49,900 Reserves-Irrigation Prior Year's Reserve Funding 19,950 FY 2023 Reserve Funding 19,950 39,900 Reserves-Lakes Prior Year's Reserve Funding 29,950 FY 2023 Reserve Funding 19,950 49,900 Reserves-Roadways Prior Year's Reserve Funding 175,500 FY 2023 Reserve Funding 80,000 255,500 Subtotal 503,314 Total Allocation of Available Funds 503,314 Total Unassigned(undesignated)Cash $ 424,791 Notes (1) Represents approximately 3 months of operating expenditures. Annual Operating Budget Fiscal Year 2023 Page 3 CEDAR HAMMOCK Community Development District General Fund Budget Narrative Fiscal Year 2023 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 2023 Page 4 CEDAR HAMMOCK Community Development District General Fund Budget Narrative Fiscal Year 2023 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, as well as ADA Compliance Fees. 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 2023 Page 5 CEDAR HAMMOCK Community Development District General Fund Budget Narrative Fiscal Year 2023 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. Management Services Fee Project Management Expenses incurred from the field manager for the bulkhead/bridges restoration 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 2023 Page 6 CEDAR HAMMOCK Community Development District General Fund Budget Narrative Fiscal Year 2023 EXPENDITURES Administrative(cont'd) R&M—Roads Repair and maintenance expenses related to roads. R&M—Plant Replacement Replace landscape plantings at pumps. R&M—Bulkheads Repair and maintenance expenses related to bulkheads. R&M—Bridges Repair and maintenance expenses related to the bridges. Misc-Contingency Any current year Field expenditure that may not have been provided for in the budget. Reserves: Reserve—Bridges&Cart Paths 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-Irrigation Funds to be set aside for future bridge 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 2023 Page 7 Cedar Hammock Community Development District Supporting Budget Schedules Fiscal Year 2023 CEDAR HAMMOCK Community Development District 2023-2022 Assessment Chart O&M Assessment Bridges and Bulkhead Project Total Total Prior Year FY 2023 FY 2022 Percent FY 2023 FY 2022 Percent FY 2023 FY 2022 Percent Product Total Units Fund Fund Change Fund Fund Change Per Unit Per Unit Change Single Family 65 $509.26 $509.26 0.00% $ - $ 658.11 n/a $ 509.26 $1,167.37 -56.4% 2-Story 228 $509.26 $509.26 0.00% $ - $ 658.11 n/a $ 509.26 $1,167.37 -56.4% 4-Story 330 $509.26 $509.26 0.00% $ - $ 658.11 n/a $ 509.26 $1,167.37 -56.4% Duplex 176 $509.26 $509.26 0.00% $ - $ 658.11 n/a $ 509.26 $1,167.37 -56.4% 799 Annual Operating Budget Fiscal Year 2023 Page 8 RESOLUTION 2022-05 A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE CEDAR HAMMOCK 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 Cedar Hammock 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 the Cedar Hammock 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 CEDAR HAMMOCK COMMUNITY DEVELOPMENT DISTRICT: Section 1. The Board is currently made up of the following individuals: Norman Day, Quentin J. Greeley, Fred Bally, John Martino and Gene T. Bolton Section 2. The term of office for each member of the Board is as follows: Supervisor Seat Term (Including Expiration Date) Norman Day Seat 1 11/2022 John Martino Seat 2 11/2022 Gene T. Bolton Seat 3 11/2022 Fred Bally Seat 4 11/2024 Quentin J. Greeley Seat 5 11/2024 Section 3. Seat 1, currently held by Norman Day, Seat 2, currently held by John Martino and Seat 3 currently held by Gene Bolton are scheduled for the General Election in November 2022. 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. Section 5. The term of office for the individuals to be elected to the Board in the November 2022 General Election is four years. Tuesday Section 6. The new Board members shall assume office on the second Merrday 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 8T11 DAY OF MARCH,2022 ATTEST: CEDAR HAMMOCK COMMUNITY DEVELOPMENT DISTRICT ustin Faircloth Norman Day Secretary Chairman Qualifying to Run for Office 2022 Qualifying Dates Noon, June 13, 2022—Noon, June 17, 2022 What happens when you go to the Supervisor of Elections office to qualify? You will file a loyalty oath, a financial disclosure Form 1 and either pay the $25 qualifying fee or file a certification for 25 signatures. Qualifying Fees $25.00 (Unless qualifying by petition) Qualifying by Petition In order to qualify by petition and thereby have the qualifying fee waived, a person needs to gather the signatures of 25 qualified voters residing within the Cedar Hammock CDD. The Division of Elections has prescribed the format of the petition, a copy of which is attached. The deadline to submit petitions to the Supervisor of Elections is located on the Collier County website at www.colliervotes.gov (Candidates must still qualify during the candidate qualifying period.) Please note that petitions may be submitted prior to the deadline. There is a verification fee of$.47 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. The District shall publish a notice of the qualifying period set by the Supervisor of Elections for each election at least two weeks prior to the start of the qualifying period. 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 Edwards 3750 Enterprise Avenue Naples, Florida 34104 (239) 252-8683 SupervisorOfElectionsa,CollierCountyFL.gov CEDAR HAMMOCK Community Development District Financial Report January 31, 2022 (Unaudited) rr ��!! Prepared by: ��rr 6 I N FRAMARK 'K►RR,i.kUC'CItt VFW 41,I r1CFi tt4.`lr.*if. 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 Bank Reconciliation ............................................... 7 Check Register ............................................... 8 CEDAR HAMMOCK Community Development District Financial Statements (Unaudited) January 31, 2022 CEDAR HAMMOCK Community Development District Governmental Funds Balance Sheet January 31, 2022 GF-BULKHEAD AND BRIDGE GENERAL RESTORATION ACCOUNT DESCRIPTION FUND FUND TOTAL ASSETS Cash-Checking Account $ 1,099,230 $ - $ 1,099,230 Due From Other Funds - 483,710 483,710 Investments: Money Market Account 215,471 - 215,471 Deposits 1,359 - 1,359 TOTAL ASSETS $ 1,316,060 $ 483,710 $ 1,799,770 LIABILITIES Accounts Payable $ 5,097 $ - $ 5,097 Accrued Expenses 145 - 145 Due To Other Funds 483,710 - 483,710 TOTAL LIABILITIES 488,952 - 488,952 FUND BALANCES Nonspendable: Deposits 1,359 - 1,359 Assigned to: Operating Reserves 41,784 - 41,784 Reserves-Bridges 10,000 - 10,000 Reserves-Bulkheads 10,000 - 10,000 Reserves-Lakes 10,000 - 10,000 Reserves-Roadways 95,500 - 95,500 Unassigned: 658,465 483,710 1,142,175 TOTAL FUND BALANCES $ 827,108 $ 483,710 $ 1,310,818 TOTAL LIABILITIES&FUND BALANCES $ 1,316,060 $ 483,710 $ 1,799,770 Page 1 CEDAR HAMMOCK Community Development District General Fund Statement of Revenues, Expenditures and Changes in Fund Balances For the Period Ending January 31, 2022 ANNUAL ADOPTED YEAR TO DATE YEAR TO DATE VARIANCE($) ACCOUNT DESCRIPTION BUDGET BUDGET ACTUAL FAV(UNFAV) REVENUES Interest- Investments $ 5,088 $ 1,696 $ 716 $ (980) Interest-Tax Collector - - 55 55 Special Assmnts-Tax Collector 406,897 377,913 379,709 1,796 Special Assmnts- Discounts (16,276) (15,117) (14,936) 181 TOTAL REVENUES 395,709 364,492 365,544 1,052 EXPENDITURES Administration ProfServ-Engineering 5,000 1,667 - 1,667 ProfServ-Legal Services 2,000 667 849 (182) ProfServ-Mgmt Consulting 41,965 13,988 13,988 - ProfServ-Property Appraiser 6,103 6,103 - 6,103 ProfServ-Special Assessment 8,214 8,214 8,214 - ProfServ-Web Site Maintenance 717 239 239 - Auditing Services 5,000 - - - Postage and Freight 900 300 201 99 Insurance-General Liability 8,712 8,712 7,199 1,513 Printing and Binding 1,200 400 219 181 Legal Advertising 2,500 833 - 833 Misc-Bank Charges 700 233 - 233 Misc-Assessment Collection Cost 8,138 7,558 7,295 263 Misc-Web Hosting 2,000 667 2,000 (1,333) Office Supplies 100 33 - 33 Annual District Filing Fee 175 175 175 - Total Administration 93,424 49,789 40,379 9,410 Page 2 CEDAR HAMMOCK Community Development District General Fund Statement of Revenues, Expenditures and Changes in Fund Balances For the Period Ending January 31, 2022 ANNUAL ADOPTED YEAR TO DATE YEAR TO DATE VARIANCE($) ACCOUNT DESCRIPTION BUDGET BUDGET ACTUAL FAV(UNFAV) Field ProfServ-Field Management 1,682 561 561 - Management Services 2,500 833 - 833 Contracts-Water Mgmt Services 7,200 2,400 2,400 - Utility-Cameras 1,268 423 - 423 Electricity-Wells 4,866 1,622 440 1,182 Electricity-Aerator 4,000 1,333 688 645 R&M-Lake 3,000 1,000 - 1,000 R&M-Plant Replacement 500 167 - 167 R&M Bulkheads 5,000 1,667 - 1,667 R&M- Bridges&Cart Paths 5,000 1,667 - 1,667 Misc-Contingency 17,469 5,822 3,620 2,202 Capital Outlay 90,000 90,000 - 90,000 Reserve-Bridges 19,950 19,950 - 19,950 Reserve-Bulkheads 19,950 19,950 - 19,950 Reserves- Irrigation System 19,950 19,950 - 19,950 Reserve- Lakes 19,950 19,950 - 19,950 Reserve- Roadways 80,000 80,000 - 80,000 Total Field 302,285 267,295 7,709 259,586 TOTAL EXPENDITURES 395,709 317,084 48,088 268,996 Excess(deficiency) of revenues Over(under) expenditures - 47,408 317,456 270,048 Net change in fund balance $ - $ 47,408 $ 317,456 $ 270,048 FUND BALANCE, BEGINNING (OCT 1, 2021) 509,652 509,652 509,652 FUND BALANCE, ENDING $ 509,652 $ 557,060 $ 827,108 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 January 31, 2022 ANNUAL ADOPTED YEAR TO DATE YEAR TO DATE VARIANCE($) ACCOUNT DESCRIPTION BUDGET BUDGET ACTUAL FAV(UNFAV) REVENUES Interest- Investments $ - $ - $ - $ - Special Assmnts-Tax Collector 525,829 488,373 490,692 2,319 Special Assmnts- Discounts (21,033) (19,535) (19,302) 233 TOTAL REVENUES 504,796 468,838 471,390 2,552 EXPENDITURES Administration ProfServ-Property Appraiser 7,887 7,887 - 7,887 Misc-Assessment Collection Cost 10,517 9,767 9,428 339 Total Administration 18,404 17,654 9,428 8,226 Debt Service Operating Loan Repayment 560,000 - - - Interest Expense 18,891 9,446 7,845 1,601 Total Debt Service 578,891 9,446 7,845 1,601 TOTAL EXPENDITURES 597,295 27,100 17,273 9,827 Excess (deficiency) of revenues Over(under) expenditures (92,499) 441,738 454,117 12,379 OTHER FINANCING SOURCES(USES) Contribution to(Use of) Fund Balance (92,499) - - - TOTAL FINANCING SOURCES(USES) (92,499) - - - Net change in fund balance $ (92,499) $ 441,738 $ 454,117 $ 12,379 FUND BALANCE, BEGINNING (OCT 1, 2021) 29,593 29,592 29,593 FUND BALANCE, ENDING $ (62,906) $ 471,330 $ 483,710 Page 4 CEDAR HAMMOCK Community Development District Supporting Schedules January 31, 2022 CEDAR HAMMOCK Community Development District Non-Ad Valorem Special Assessments (Collier County Tax Collector-Monthly Collection Distributions) For the Fiscal Year Ending September 30, 2022 ALLOCATION Bulkhead/Bridge Date Net Amount (Discount) Commission Amount General Fund Restoration Received Received Amount Amount Received Assessments Assessments Assessments Levied For FY 2022 $ 932,727 $ 406,899 $ 525,829 Allocation % 100% 44% 56% 10/25/21 $ 7,546 $ 429 $ 154 $ 8,129 $ 3,546 $ 4,583 11/03/21 $ 28,555 $ 1,214 $ 583 $ 30,352 $ 13,241 $ 17,111 11/10/21 $ 96,647 $ 4,109 $ 1,972 $ 102,729 $ 44,815 $ 57,914 11/17/21 $ 141,676 $ 6,024 $ 2,891 $ 150,591 $ 65,695 $ 84,896 12/02/21 $ 399,767 $ 16,997 $ 8,159 $ 424,923 $ 185,371 $ 239,552 12/22/21 $ 102,252 $ 4,178 $ 2,087 $ 108,517 $ 47,340 $ 61,177 01/21/22 $ 42,996 $ 1,288 $ 877 $ 45,161 $ 19,702 $ 25,460 TOTAL $ 819,440 $ 34,238 $ 16,723 $ 870,401 $ 379,709 $ 490,692 % COLLECTED 93% 93% 93% TOTAL OUTSTANDING $ 62,326 $ 27,189 $ 35,137 Page 5 CEDAR HAMMOCK Community Development District All Funds Cash and Investment Report January 31, 2022 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% 1,099,230 Money Market Account BankUnited Public Funds MMA n/a 0.15% 215,471 Total $ 1,314,701 Page 6 Cedar Hammock CDD Bank Reconciliation Bank Account No. 2555 Valley National Bank GF Statement No. 1/22 Statement Date 1/31/2022 G/L Balance(LCY) 1,099,230.21 Statement Balance 1,100,430.21 G/L Balance 1,099,230.21 Outstanding Deposits 0.00 Positive Adjustments 0.00 Subtotal 1,100,430.21 Subtotal 1,099,230.21 Outstanding Checks 1,200.00 Negative Adjustments 0.00 Differences 0.00 Ending G/L Balance 1,099,230.21 Ending Balance 1,099,230.21 Difference 0.00 Posting Document Document Cleared Date Type No. Description Amount Amount Difference Outstanding Checks 1/13/2022 Payment 2589 CARDNO ENTRIX 600.00 0.00 600.00 1/20/2022 Payment 2590 CARDNO ENTRIX 600.00 0.00 600.00 Total Outstanding Checks 1,200.00 1,200.00 Page 7 Co a) 0) CC a. o 0o p o p aD p 0 p " N 0 O h C C o 0 o p O p ! ^ c6 cd N O Cr n W O N N W , V' N N p p ON- 0 W 69 dY yq Vi 0 H y69 W y w w 69 u < MM � o,o -o rnanti cv rnrn ' rnmc M - 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CO Cn c, N N N y CO N wwwwww O• O N ...I N UU C.)UUU w o N o O / Q Z W Uj 5 N I-I--1-I-I-I- ] 5 N CVN NI CV rx Y O N a Z Z Z z Z z ¢ Q �0• N U a wwwwww N 10 CV e m a p O O Z Z Z 2 Z z O O - 42 `- U w ww �MMMMM N ti COca w V V w w It Xc xk yt 7k Z ( L CCCCCV CV CV CV CV CV o U UU ~NU O O O U cJ w w N N N N N N U U U 0 U7 . o a n o) a a < < < < a� C N _ U _ _ _ _ _ 2 - d r Q 0 0 Q ¢ • w fn z v �O d u r V LL iev V a aN an .` oo or- SBo m o 0oCV 0oCV 0oCV 0 0 5 2 a I In gg 0 O a x W a I- U v U a ¢ • d U U U U U U X X LL X 0 w JJJ CC CC 0v CC IX KCCK CC w w Z = a a'at¢¢¢ 0 0 QQ Qmw X X �����4 zo Zo ¢ ¢ aww o o LI_a LLaaa-I w LL LL ¢ ¢ LLZzzZzZ Q p U U 11 LL LL a' Z O `o 0 0 0 0 0 0 8 `o `o A r a~ < m> >> co>>>>>> o,> o> > > > > e> Z co tr, an an co W u N x x N N u n o o N o N c c J N N N N N Y N N M ` # 0 - w o woo w o 0 0 0 0 o W.�- W Ni 2 N 2 2, 2 N 2. > 2 2 2 2 2 U U U U U LU > c) U U Uo c.>o ao ao ao ao ao From: cmathies<cmathies@comcast.net> Sent:Saturday, February 5, 2022 10:32 AM To: cmathies<cmathies@comcast.net>;Jim Kurtzeborn<gm@cedarhammockcc.com>; Faircloth,Justin <justin.faircloth@inframark.com>; nday cedarhammockcdd. corn <nday@cedarhammockcdd.com> Cc:golfmaint@cedarhammockcc.com Subject: RE: CHCDD-RE: 3626 Cedar Hammock Ct As of today, February 5, 2022, I have not received an response or remedy to the collapsing of the lake drainage system in the backyard of my house. It is going on 6 months. I was told nothing could be done until the pond water level recede. It been low for several months now with no action to fix. I would appreciate immediate response to repair this problem before you tell me the water level is to high again.This is a dangerous and liable situation on Cedar Hammock property. Thank you, Shari Mathie .4.16-.4.- 1 t; twvill 1 , 1 - . - ._,,..16._ . -..-4- AP r ilk (4 a' t r l'sr,i r., ' 'X li . 4 ,..;... 4.,.„_, P tki,: : :....707.% 2E.....1..i.,.. • c Iv; _ ' . ' - t- i jam' .► 0. :‘ '..11;i-e%": -1,; z. '4";2i- IN- t. ,''*•' ..i-.A_ f•- -4.5„:„. . ./. . 4 ,,,,-4.....1 : , 14 7.6.- ..„._ _ , ,, it- , „,,,, ..,4.‘..•ki, ....h 't. • ' ' .' ' •••• .460' - , A • 1 . t ;"-r s A ....e,i r il' ••••Itaws_ '. . �f'J 11 • ,, i,,, i. I • ••' ..ilia 1 t �yq' • 1. - •�' 4 f , t . •., or •' ,, „ • \ • , t . • •• -, --, ft. f, fr..1 . A i .- ,.( i ,, M.* \ 4. .4 - .- i zokk-ak. ...Thc,........ ,1 , . ,o4.. , 4/4. 44:dt_.. Lip... 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