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11/29/2017 Minutes 16It 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 29, 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 Anthony Burdett Vice Chairman Chris Nirenberg Assistant Secretary Absent were: Steve Reiter Assistant Secretary Adam Painter Assistant Secretary Also Present were: James Ward District Manager Greg Urbancic District Counsel David Willems District Engineer Misty Taylor Bond Counsel Scott Schuble US Bank Trustee Audience: Drew Miller Taylor Morrison 1. Call to Order & Roll Call Mr. Ward called the meeting to order at 3:13 p.m., and roll call determined that all members of the Board were present with the exception of Supervisors Painter and Reiter. 2. Approval of the Minutes of the September 5, 2017, October 17, 2017, October 25, 2017, November 8, 2017 Meetings 1 16I 1 Flow Way Community Development District November 29, 2017 Mr. Ward stated the next item on the agenda was the approval of four sets of minutes. He called for any additions corrections of deletions to these minutes. Hearing none, he called for a motion to approve all. 1Motion was made by Mr. Burdett and seconded by Mr. Truxton to approve the minutes of the meetings of September 5, 2017, October 17, 2017, October 25, 2017, November 8, 2017, and with all in favor, the motion was approved. 3. Public Hearing Mr. Ward explained this item was a Public Hearing to consider Resolution 2018- 4, which is the final resolution adopting the special assessments for the Phase 6 2017 Bonds. He said the first part of the Public Hearing was to have public comment or testimony. He called for a motion to open the Public Hearing. Motion was made by Mr. Truxton and seconded by Mr. Burdett to open the Public Hearing, and with all in favor, the motion was approved. Mr. Ward stated there were no members of the public present in person nor had he received any written comment or testimony with respect to the imposition of the assessments. He then called for a motion to close the Public Hearing. Motion was made by Mr. Truxton and seconded by Mr. Nirenberg to close the Public Hearing, and with all in favor, the motion was approved. Mr. Ward called for Board comment concerning Resolution 2018-4. Hearing none, he said the final action was to consider Resolution 2018-4, which authorized the District projects; equalized, approved, confirmed and levied the special assessments relative to the Series 2017 Phase 6 and 7 Bonds. He said if there were no questions, the Resolution was in order. Motion was made by Mr. Burdett and seconded by Mr. Nirenberg to adopt Resolution 2018-4, and with all in favor, the motion was approved. 4. Consideration of Resolution 2018-5 Mr. Ward stated this resolution supplemented Resolution 2018-4. He said the Board had just adopted the engineers report and the preliminary special assessment methodology that was done for Phase 6 and 7 related to the 2017 bonds. He added this particular resolution did nothing more that finalize the special assessments only related to the Phase 6 area based upon the actual terms and conditions at which Mr. 2 , 61 1 Flow Way Community Development District November 29, 201 Kessler (ph) had been able to settle the bonds. He said this resolution basically adopted the final special assessment resolution. He called for questions. Mr. Ward was asked if Resolution 2018-4 was the original engineer's report. Mr. Ward responded affirmatively and said Resolution 2018-5 did not change the engineer's report; it just updated the methodology to the final numbers.otion was made by Mr. Truxton and seconded by Mr. Nirenberg to adopt Resolution 2018-5, and with all in favor, the motion was approved. G 5. Consideration of Resolution 2018-6 Mr. Urbancic said essentially he wanted to delegate the Chair or the Vice Chair, in the Chair's absence, the authority to execute certain documents primarily in relationship to the closing costs. He said as part of the closing, the District entered into an acquisition agreement where they buy public improvements from the developer that were part of the project, and certain documents needed to be executed. He said this resolution would provide the Chair or the Vice Chair the authority to execute those types of documents. Hearing no questions, Mr. Ward called for a motion. Motion was made by Mr. Burdett and seconded by Mr. Nirenberg to adopt 1 ,Resolution 2018-6, and with all in favor, the motion was approved. 6. Staff Reports a) District Attorney Mr. Urbancic reported the staff had been working on a requisition that would follow in line with the bond issuance. He said they had also been working closely with the engineer to get all the documents prepared to complete the conveyance. He said that would be for an amount slightly in excess of the construction fund. b) District Engineer— No report. c) District Manager— No report. 3i 16 1 1 Flow Way Community Development District November 29, 2017 5. Supervisor's Requests and Audience Comments There were no supervisors' requests or audience present. 6. Adjournment Motion was made by Mr. Truxton and seconded by Mr. Nirenberg to adjourn the meeting, and with all in favor, was approved. The meeting was adjourned at 3:20 p.m. Flow Way Community Development Distri "Ge/afe/ .5)0(d.--- James . Ward, Secretary kJ aChairman 4II' agL'