10/17/2017 Minutes 16 I 1
MINUTES OF MEETING OF THE
FLOW WAY COMMUNITY DEVELOPMENT DISTRICT
The Regular Meeting of the Board of Supervisors of the Flow Way Community
Development District for Tuesday, October 17, 2017, 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:
David Truxton Chairman
Chris Nirenberg Assistant Secretary
Adam Painter Assistant Secretary
Absent were:
Anthony Burdett Vice Chairman
Steve Reiter Assistant Secretary
Also Present were:
J.P. Ward District Manager
Greg Urbancic District Counsel
Misty Taylor Bond Counsel
1. Call to Order& Roll Call
Mr. Ward called the meeting to order at 3:40 p.m., and roll call determined that all
members of the Board were present with the exception of Supervisors Reiter and
Burdett.
Mr. Ward stated the assessment process for the Series 2017 Phase 6 Bond
issues was being contemplated, and staff was recommending that this meeting be
continued to October 25, 2017, at 1:00 p.m. at the offices of Coleman, Yovanovich &
Koester, P.A., 4001 Tamiami Trail North, Suite 300, Naples, Florida 34103, in order to
accommodate some additional changes necessary to the engineer's report and
methodology before the process of levying the assessments could be continued. He
said if that was acceptable to the Board and there were no questions or comments, he
would call for a motion to continue to the meeting as referenced above.
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Flow Way Community Development District October 17, 2017
Motion was made by Mr. Truxton and seconded by Mr. Painter to accept the
adjournment of this meeting and the continuance to the October 26, 2017,
meeting described above, and with all in favor, the motion was approved.
The meeting was adjourned at 3:42 p.m.
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James P. Ward, Secretary David Truxton, Chairperson
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MINUTES OF MEETING OF THE
FLOW WAY COMMUNITY DEVELOPMENT DISTRICT
The is the continued meeting of the October 17, 2017 Regular Meeting of the
Board of Supervisors of the Flow Way Community Development District being held on
Wednesday, October 25, 2017, at 1:00 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:
David Truxton Chairman
Chris Nirenberg Assistant Secretary
Adam Painter Assistant Secretary
Absent were:
Anthony Burdett Vice Chairman
Steve Reiter Assistant Secretary
Also Present were:
James. Ward District Manager
Greg Urbancic District Counsel
David Williams Bond Counsel
1. Call to Order & Roll Call
Mr. Ward called to order the continued meeting at 1:53 p.m., and roll call
determined that all members of the Board were present with the exception of
Supervisors Reiter and Burdett. This is the continued meeting of October 10.
2. Consideration of Resolution 2018-1 Declaring Special Assessments
Mr. Ward stated the primary purpose of the meeting was to start the process
relative to the assessments for Fiscal Year 2017. He said generally the process was to
go through the engineer's report, and then Mr. Ward would go through the methodology.
He said they would dispense with doing that. He advised the Board that the engineer's
report and the methodology were exactly the same as what had been seen in the past.
Basically, he said they would be financing about 30 units that were in the 2015 Phase 4
bonds with the 2017 assessments, plus 128 units in the 2017 Phase bond area.
Mr. Ward stated there were two resolutions before them. The first was the
resolution that declared the special assessments, and the second was the one that set
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Flow Way Community Development District October 25, 2017 1 6 I
the Public Hearing for Wednesday, November 29, 2017, at 3:00 p.m. at the Offices of
Coleman, Yovanovich and Koester.
Mr. Ward continued that in Resolution 2018-1, the only change was in Section 4.
The total cost would be $5,936,328.97.
Mr. Ward called for questions and no questions were asked. He called for a
motion to set the Public Hearing.
!Motion was made by Mr. Truxton and seconded by Mr. Nirenberg to adopt
Resolution 2018-1 declaring special assessments as described above, and with
all in favor, the motion was approved. _ y
3. Consideration of Resolution 2018-2 Setting a Public Hearing
Mr. Ward called for a motion to adopt Resolution 2018-2, which set the Public
Hearing for Wednesday, November 29, 2017, at 3:00 p.m. at the Offices of Coleman,
Yovanovich and Koester.
Motion was made by Mr. Nirenberg and seconded by Mr. Truxton to adopt
Resolution 2018-2 to set the Public Hearing as described above, and with all in
favor, the motion was approved.
4. Staff Reports
a) District Attorney— No Report
b) District Engineer— No Report
c) District Manager— No Report
5. Supervisor's Requests and Audience Comments.
Mr. Ward called for supervisor comments, and hearing none, stated no audience
was present.
6. Adjournment
The meeting was adjourned at 1:55 p.m.
.Motion was made by Mr. Truxton and seconded by Mr. Nirenberg to adjourn the
!meeting, and with all in favor, the motion was appr v d.
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James)
ames . Ward District Manager vid Truxton, Chairperson
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MINUTES OF MEETING OF THE
FLOW WAY COMMUNITY DEVELOPMENT DISTRICT
The Regular Meeting of the Board of Supervisors of the Flow Way Community
Development District for Wednesday, November 8, 2017, 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:
David Truxton Chairman
Chris Nirenberg Assistant Secretary
Adam Painter Assistant Secretary
Absent were:
Anthony Burdett Vice Chairman
Steve Reiter Assistant Secretary
Also Present were:
James Ward District Manager
Greg Urbancic District Counsel
Misty Taylor (via telephone) Bond Counsel
1. Call to Order& Roll Call
Mr. Ward called the meeting to order at 3:15 p.m., and roll call determined that all
members of the Board were present with the exception of Supervisors Reiter and
Burdett.
2. Consideration of Resolution 2018-3
Mr. Ward stated the primary purpose of the meeting was consideration of
Resolution 2018-3, which was commonly referred to as a delegation award resolution
for the Series 2017 Bonds. He introduced Misty Taylor, Bond Counsel, who was on the
phone.
Ms. Taylor said the resolution, if accepted, would approve all of the exhibit
documents as to form and substance with additional changes. She said changes would
continue to be made until the time the documents reached closing. She said the
resolution would make all the negotiated sale findings required by state law in order to
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Flow Way Community Development District November 8, 201
sell the bonds on a negotiated basis. She said they were naming FMS Bonds as the
underwriter and delegating to the Chairman the authority to enter into the bond
purchase contract with FMS. She said she had set forth various parameters in order for
the Chairman to be delegated that authority, which included interest rate parameters,
maturity parameters, and an underwriter discount parameter. She said her firm
authorized the Chairman to see the preliminary limited offering memorandum file, which
would allow her to post it and use it in the marketing process to market the bondholders.
She said the bonds would then be priced and all the documents would be put together
for final execution at closing. She said this resolution would be the last full Board action
to allow her firm to move forward. She asked for questions.
Mr. Ward stated there was a meeting scheduled for the 29th when the Board
would actually adopt the assessments, and the bond issue would not be closed until
after that Board meeting. Mr. Ward also called for questions. Hearing none, he asked
for a motion to adopt.
rMotion was made by Mr. Painter and seconded by Mr. Nirenberg to adopt
Resolution 2018-3 as described above, and with all in favor, the motion was
approved.
4. Staff Reports
a) District Attorney
Mr. Urbancic said he and his staff were working on the documentation and
working with the engineer to bring the requisition documents forward at the Board
meeting on the 29th, so the requisitions could be approved and funded.
b) District Engineer No report given.
c) District Manager No report given.
5. Supervisor's Requests and Audience Comments.
Mr. Ward called for supervisor comments. Mr. Truxton asked what was on the
agenda for the meeting on the 29th and Mr. Ward responded it was the Public Hearing
for the Assessments for the Issuance of the Bonds. He added Mr. Truxton, as
Chairman, was required to be there, and following the meeting, there would be the
closing.
Mr. Ward said there were no members of the audience present.
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Flow Way Community Development District November 8, 2018
6. Adjournment
The meeting was adjourned at 3:24 p.m.
Motion was made by Mr. Truxton and seconded by Mr. Nirenberg to adjourn the
meeting, and with all in favor, the motion was approved.
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James,�P. Ward, SecretaryDavid Truxton, Chairperson
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