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11/22/2016 Minutes it, I1 MINUTES OF THE MEETING OF THE FLOW WAY COMMUNITY DEVELOPMENT DISTRICT Meeting of the Board of Supervisors of Flow Way Community Development District was held Tuesday, November 22, 2016, at 3:00 p.m. at the Offices of Coleman, Yovanovich & Koester, P.A., 4001 Tamiami Trail North, Suite 300, Naples, Florida 34103. Present and constituting a quorum were: Dave Truxton Chairman Skip Adams Assistant Secretary Chris Nirenberg Assistant Secretary Absent was: Anthony Burdett Vice Chairman Steve Reiter Assistant Secretary Also Present were: James Ward District Manager Greg Urbancic District Counsel David Williams District Engineer 1. Call to Order& Roll Call Mr. Ward called the meeting to order at 3:00 p.m. 2. Oath of Office Mr. Ward stated he had previously sworn in Mr. David Truxton and made the oath of office a part of the record. 3. Consideration of Resolution 2017-6 Re-designating the Officers of the District Mr. Ward stated there was no change in the officers. Motion was made by Mr. Adams and seconded by Mr. Truxton to approve the Officers as described above, and with all in favor, the motion was approved. 16 1 Flow Way Community Development District November 22, 2016 4. Public Hearing: a) Capital Improvement Program — Phase 5 — Series 2016 I. Public Comment and Testimony Motion was made by Mr. Truxton and seconded by Mr. Adams to open the public hearing for the item described above, and, with all in favor, the motion was approved. Mr. Ward stated that there were no members of the public present, and no written comments were received related to this public hearing. Motion was made by Mr. Truxton and seconded by Mr. Adams to close the public hearing, and with all in favor, the motion was approved. II. Board of Supervisor's Comments Mr. Ward asked for comments and questions from the Board and there were none. Ill. Consideration of Resolution 2016-7 Mr. Ward stated that this Resolution authorized the construction projects and/or acquisition of the Series 2016 Phase Bonds, and equalized, approved, confirmed and levied the special assessments for the district. He stated that the only change was the final special assessment report: it now tied out to the par amount of bonds that had been anticipated for the project and levied the assessment at the rates that were enumerated in the report, which were slightly lower than the original preliminary methodology that were noticed to all property owners. Mr. Ward called for questions on the resolution, and none were asked. Motion was made by Mr. Adams and seconded by Mr. Niremberg to approve Resolution 2016-7 as described above, and, with all in favor, the motion was approved. 5. Staff Reports a) District Attorney Mr. Urbancic stated that Collier County Ordinance 2016-35, which explained boundaries, became effective on November 17, 2016. He said a notice of establishment would be recorded because the boundaries have been amended. 2 1.6 Flow Way Community Development District November 22, 2016 — ! 1 Mr. Urbancic stated that in connection with the bond issuance, there would be various requisitions that would be funded. He said the first one was Requisition 2 which recognized that a promissory note was issued which mandated if and when bonds were issued relating to those improvements, the amount would be paid. He said, therefore, that requisition would be paid. He explained that Requisition 3 was for Storm Water Management Improvements, which were primarily for blasting and excavation expenses, and needed authorization. He explained that there was a bill of sale, owner's affidavit, and a drainage easement which gave property rights. Motion was made by Mr. Adams and seconded by Mr. Niremberg to approve Requisition 3 and authorize the Chair to sign the documents on behalf of the CDD. With all in favor, the motion was approved. b) District Engineer— No report. c) District Manager— No report. 6. Supervisors' Requests and Audience Comments Mr. Ward called for comments, and it was clarified that Requisition 2 had been sent out by the previous Board, and Requisition 1 was the Cost of Issuance related to the issuance of the bonds. Mr. Ward stated there were no members of the audience present. 7. Adjournment Motion was made by Mr. Adams and seconded by Mr. Niremberg to adjourn the meeting, and with all in favor, the motion was approved. The meeting was adjourned at 3:09 p.m. Jame . Ward Secretary Dave Truxton, Chairman 3IPage