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03/21/2024 Agenda Heritage Bay Community Development District 161 lA Board of Supervisors District Staff ❑ Edwin Hubbard, Chairperson Justin Faircloth, District Manager ❑ F. Jack Arcurie, Vice Chairperson o Gregory Urbancic, District Counsel ❑ Vacant, Assistant Secretary ❑ Jeffrey Satfield, District Engineer ❑ Rick Phelps, Assistant Secretary ❑ Allen Soucie, Assistant Secretary Regular Meeting Agenda March 21, 2024—9:00 a.m. Call-in Number: 1-646-838-1601 Meeting ID: 951092195# 1. Call to Order/Roll Call 2. Public Comments on Agenda Items 3. Board Organizational Matters A. Acceptance of Mr. Phelps Resignation and Motion to Leave Seat 3 Open B. Seat 3 Open Position and Interview of Candidates C. Appointment of Supervisor to Seat 4 D. Oath of Office for Newly Appointed Supervisor to Seat 4 E. Board Reorganization and Selection of Officers (Resolution 2024-01) F. Timing and Requirements for Reelection for Seats 1, 2 and 3 4. Engineer's Report A. Water Testing Update- March 5, 2024 B. Surface Water Management System Retention Guidelines i. SFWMD Permissible Alterations to Actual Retention Areas and Requirements for Approvals 5. SOLitude Lake Management A. Monthly Inspections and Service Reports B. Lakes Review with Field Service Manager-February 6. Legal Update A. Status of Required Ethics Training 7. Old Business A. Project Planning 2024 i. Veranda 4: Request for Gutter Installations and Drainage Requirements -Association ARC Approval? ii. Joint CDD and Club Projects for Summer 2024 iii. Lake 1-North Lake Bank - Approval to Proceed with Golf Maintenance Staff iv. Lake 21/Oak 22 Tee Timing of Lake Bank Sodding v. Update on CDD 2024 Projects District Office: Meeting Location: Inframark,Community Management Services Heritage Bay Clubhouse 210 North University Drive, Suite 702 10154 Heritage Bay Boulevard Coral Springs,Florida 33071 Naples,Florida 34120 (954)603-0033 (239)353-7056 www.heritagebaycdd.com Heritage Bay CDD 1 61 1 A March 21, 2024 Agenda Page 2 8. Planned Club Upgrade and Drainage Project of Cart Path 9. Copeland Southern - Terrace 4, Lake 19, Lake 15 and Lake 20 Work 10. Performance Review and Update- Inframark 11. New Business A. Annual Best Practices Meeting April 11, 2024 B. Golf Course Planned Cultivation Schedule C. Installation and Use of Turbidity Barriers 12. Manager's Report A. Approval of the Minutes of the December 7, 2023 Meeting B. Acceptance of Financial Reports as of January 31, 2024 and February 29, 2024 C. Consideration of Resolution 2024-02 for the 2024 General Election D. Discussion of the Proposed Fiscal Year 2025 Budget E. Field Manager and Supervisors' Quarterly Report Update -Next Planned Tour April F. Review and Discussion of Action Items on District Manager's November 2, 2023 "Open Items" Report 13. Adjournment The next CDD Meeting is scheduled to be held Thursday, May 2, 2024 at 9:00 a.m. District Office: Meeting Location: Inframark,Community Management Services Heritage Bay Clubhouse 210 North University Drive, Suite 702 10154 Heritage Bay Boulevard Coral Springs,Florida 33071 Naples,Florida 34120 (954)603-0033 (239)353-7056 www.heritagebaycdd.com 6i IA * LocaliQ Florida PO Box 631244 Cincinnati,OH 45263-1244 GANNETT Notice of Meetings PROOF OF PUBLICATION Heritage Bay Community Develop- ment District The regular meeting of the Board of Heritage Bay Community Supervisors of the Heritage Bay Heritage Bay Community Community Development District scheduled for March 7, 2024 has 210 N University DR#702 been rescheduled to March 21, 2024 Coral Springs FL 33071-7320 at 9:00 a.m. in the Heritage Bay Clubhouse, 10154 Heritage Bay Boulevard,Naples Florida. The meeting will be open to the STATE OF WISCONSIN,COUNTY OF BROWN public and will be conducted in accordance with the provisions of Florida Law for Community Devel- opmentBefore the undersigned authority personally appeared,who y Districts when one or on oath says that he or she is the Legal Advertising more supervisors will participate by telephone. Any meeting may be Representative of the Naples Daily News, a newspaper continued in progress to a time, date, and location stated on the published in Collier County, Florida;that the attached copy record without additional publica- ofadvertisement,being a Legal Ad in the matter of Public Acopy ofn of f the agenda for these meet- Notices,was published on the publicly accessible website of ings may be obtained from the District Manager's Office, 210 N. Collier and Lee Counties, Florida,or in a newspaper by print University Drive, Suite 702, Coral Springs, FL 33071, (954) 603-0033, or in the issues of,on: by visiting the District's website at https://www.heritagebaycdd.com. Additionally, interested parties may 02/03/2024 refer to the District's website for the latest District information. Any person requiring sperinl nrrnm- etings Affiant further says that the website or newspaper com lies because a eno at these mhysical yp of a disability or physical with all legal requirements for publication in chapter 50, Diact the strrict,Manager's ent dOffice t at least Florida Statutes. forty-eight (48) hours prior to the meeting. If you are hearing or Subscribed and sworn to before me, by the legal clerk,who speech impaired, please contact the Florida Relay Service by dialing 7-1- is personally known to me, on 02/03/2024 1, or 1-800-955-8771(TTY)/1.800-955- 8770 (Voice), for aid in contacting the District Manager's Office. Each person who decides to appeal any action taken at the meetings is advised that the person will need a Legal('rrl: record of proceedings and that accordingly, the person may need to ensure that a verbatim record of the proceedings is otary . late of nu its• rows made, including evidence uponthe i testimony andwhich 5 15 .a�1 such appeal is to be based. Justin Faircloth My commision expires Deb act Manager FPublication Cost: $223.44 Order No: 9806239 #of Copies: Customer No: 1125525 1 PO#: THIS IS NOT AN INVOICE! Please do not use this form for payment remittance NANCY HEYRMAN Notary Public Page 1 of 1 State of Wisconsin 161 IA From: Rick Phelps<rphelps@heritagebaycdd.com> Sent:Thursday, February 8, 2024 2:33 PM To: Faircloth,Justin <Justin.faircloth@inframark.corn> Cc: Edwin Hubbard<ehubbard@heritagebaycdd.com> Subject: Resignation WARNING:This email originated outside of Inframark.Take caution when clicking on links and opening attachments. I am writing to inform you of my intention to resign from the CDD effective March 1, 2024. Thanks for the opportunity to serve on the CDD. Rick Phelps Sent from my iPad 161 1A Steven K. Bachenberg Biography Steve graduated from the University of Nebraska with a Bachelor of Science in Civil Engineering, and has been a registered Professional Engineer in Kansas, Nebraska, Oklahoma, and Missouri. He belonged to the National Society of Professional Engineers and the Eastern Chapter of the Kansas Society of Professional Engineers,the American Council of Engineering Companies,the American Public Works Association, and the Institute of Transportation Engineers. He is divorced and has a son and two grandchildren in Naples. Steve retired as Vice President, Public Works Services for Brungardt Honomichl&Company, P.A. in Overland Park, Kansas. He was with BHC from 2001 until retirement in 2013. Before joining BHC, he was manager of the Wichita, Kansas office of Booker Associates from 1985 to 1998,then with Parsons Brinckerhoff following Booker's merger with PB in 1998. He was a principal with Bachenberg& Holcomb Associates in Hutchinson and later in Dodge City, Kansas from 1974 to 1985,when he joined Booker in Wichita. His professional experience has included general civil engineering, planning, and design,with special emphasis in transportation and municipal infrastructure for the last twenty years. Steve bought his Heritage Bay,Terrace V condo in 2021 and split time between Naples and Lawrence, Kansas until permanently moving to Naples in August, 2023. His interest and curiosity regarding stormwater and drainage,coupled with unique stormwater issues in SW Florida and Heritage Bay has fueled his desire to serve on the Community Development District Board.That will also complement his desire to become involved in the HB community. 161 1A NEW SUPERVISOR INFORMATION SHEET PLEASE RETURN COMPLETED FORM TO RECORDING SECRETARY: Infra mark 210 North University Drive Suite 702 Coral Springs, Florida 33071 CDD: Heritage Bay CDD NAME: ADDRESS: /032.) , ,'-6 ,y ,3vJ . S 14 Ho pt , FL 34 l z.o COIINTV OF RESIDENCE: PHONE: 'I3 ZO , - 4(07-7 FAX: CELL: '?i?, - Zo , FMA II . A DIIRFSS• $±`Cve . /SIC ►,e4 - (5,h-kil-60"n 161 1A OATH OF OFFICE (Art. II.§ 5(b),Fla.Const.) STATE OF FLORIDA) (-G�/ County of t C�r` 1 do solemnly swear (or affirm) that I will support, protect, and defend the Constitution and Government of the United States and of the State of Florida; that I am duly qualified to hold office under the Constitution of the State, and that I will well and faithfully perform the duties of /7 /" Jr)' QZ £ Ct',-Li�Y: 5'7.71y IZy..(Or /92e—st 9—P t: ?- (Full Name of Office-Abbreviations4 of Accepted) on which I am now about to enter, so help me God. [NOTE: If you affirm, you may omit the words "so help me God."See §92.52, Fla. Stat. Signature 40 (Affix Seal Below) Sworn to and subscribed before me by means of (,....-1hysical presence Or online notarization this 21 day of yrnict.k , 20 Y,,./••, ;�;a`'A"`•' •; JUSTIN T.FAIRCLOTH : � *: '�' * MY COMMISSION(1 HH 363068 ' Ns' °' EXPIRES Mares t,2a27 . re of O cer Administering Oath or of Notary Public Print, Type, or Stamp Commissioned Name of Notary Public Personally Known❑ or Produced Identification Eg--,- Type of Identification Produced fL /�Y%'Y+-�S G.Ge�� ✓ ACCEPTANCE I accept the office listed in the above Oath of Office. Mailing Address: Home ® Office /0 321 / ►'->-05 t Rat, ¢B1(id Street or Post Office Box Print Name ja i, 34 t zu .cry- ' . i odeeze/ City,State,Zip Code Signature llS--in 51)(Rev.(19/23) 1611A RESOLUTION 2024-01 DESIGNATING OFFICERS OF HERITAGE BAY COMMUNITY DEVELOPMENT DISTRICT WHEREAS, the Board of Supervisors of Heritage Bay Community Development District at a regular business meeting held on March 21, 2024 desires to appoint the below recited persons to the offices specified. NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF HERITAGE BAY COMMUNITY DEVELOPMENT DISTRICT: 1. The following persons were appointed to the offices shown,to wit: xF,S21.2—/rt. 1/e Chairperson / .�'°-.4'l= Vice Chairperson Justin Faircloth Secretary Stephen Bloom Treasurer Justin Faircloth Assistant Treasurer � -^ Aj rL' � Assistant Secretary 4�4!l �r u�. 'C.�- Assistant Secretary Assistant Secretary PASSED AND ADOPTED THIS, 21"DAY OF 024. Chairperson Ju i Faircl retary rc ]hi1 2216 Altamont Avenue Fort Myers,Florida 33901 Phone:239.3325499 Fax:239.332.2955 www.cpluorp.con, 1 61 I Heritage Bay CDD — Engineer's Report March 2024 Proposed stormwater lakes reconfiguration—Golf Club • The HBCCD Chairman, Mr. Hubbard, has reached out to CPH to provide clarification on what will be the permitting process and potential challenges to reconfiguring the shape and size of various existing stormwater lakes within the Golf Course. o CPH input • The reconfiguration of stormwater lakes will require to be discussed with SFWMD to determine the type of permit required. Two potential types of permits could be required for these activities. Minor permit mod or Major permit mod. Which type of permit the SFWMD will require will be based on the extent of the proposed modifications to the system. • CPH recommends that the SFWMD permit shall be applied for by the Golf Club's Engineer of Record with the HBCDD's approval and overseeing of the permitting process. • CPH can provide a detailed permitting process approached once a formal layout/concept is available for discussion. Water Quality Monitoring • CPH completed the testing on the week of March 5th. Lab results shall be ready this week. Final report will be presented at the April CDD meeting. I61 IA @oTh ADDENDUM TO AGREEMENT HERITAGE BAY CDD WATER QUALITY MONITORING EVENTS- SEPTEMBER 2023& MARCH 2024 COLLIER COUNTY, FLORIDA August 14, 2023 CPH, LLC, Environmental Services (CPH) has prepared a proposal of services and fees to provide certain environmental consultant services for the above referenced project as an addendum to the Agreement between Heritage Bay Community Development District("DISTRICT or COD") and CPH, Inc. ("CONTRACTOR"). PROJECT DESCRIPTION CPH has been requested to perform two (2) monitoring events to collect water quality data within lakes/stormwater management ponds with the community development district boundary. The two monitoring events shall occur in September 2023 and March 2022. Lakes 5, 6, 10, 15, 19, 25 and 27 are proposed for monitoring pursuant to the CDD's request to reduce field monitoring. CPH has based this proposal on the interconnection of lakes, their flow, control structure location and by examining the water quality data from 2018 through 2022 to get a representation of the CDDs water quality condition of the overall lake system. Graphics are attached depicting the interconnection of lakes and an aerial photograph of the lake numbering for reference (EXHIBIT 1). An annual report of results shall be prepared summarizing the two monitoring events. An interim email report will be provided after the lab results are received from the September 2023 monitoring event. CPH will record temperature, specific conductivity, salinity, pH and dissolved oxygen for all lakes (1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, and 29). As directed by the Client the lake monitoring shall include grab samples for Total Nitrogen, Total Phosphorus and Chlorophyll a for Lakes 5, 6, 10, 15, 19, 25 and 27. CPH shall coordinate with the CDD at least two weeks prior to the field work to notify the CDD of the fieldwork. CPH shall coordinate with the CDD and Inframark. CPH will share the water quality monitoring data and contact information with Golf Club, District Manager and Solitude representatives to coordinate any on-site irregularities observed at any given time. 1.0 SCOPE OF SERVICES 1.1 Basic Services CPH shall provide, or obtain from others, all labor, material and equipment to perform the following services: ENV-1 September 2023 Water Quality Sampling Event& Interim Report • CPH shall notify the CCD at least two(2)weeks prior the scheduled water quality sampling event. • CPH shall sample salinity, conductivity,temperature, dissolved oxygen, pH for one(1)event within 29 lakes within the development boundaries. • CPH shall collect one (1) sample for each parameter to include Chlorophyll a, Total Nitrogen, pH and Total Phosphorus within Lakes 5, 6, 10, 15, 19, 25 and 27. • CPH shall coordinate with the analytical laboratory to obtain sampling materials for collection of chlorophyll a, TN, pH and TP as needed. Once samples are collected, CPH shall deliver samples to the laboratory for analysis. y Water Quality sampling shall be located within the deep part of the lake within the photic zone. The sample depth and time will be recorded and identified within the report. CPH anticipates one to one and half days to sample lakes. Heritage Bay Water Quality Sampling-Sept. 2023&March 2024 August 14, 2023 1 161 1A ➢ During water quality sampling, CPH scientists shall photograph all lakes, document the aquatic vegetation observed and additional observations that may affect water quality. These observations shall also be recorded and photographed. • CPH shall prepare an interim email report to the CDD and Inframark and share data with others as requested by the CDD. FDEP Standard Operating Procedures (SOP) shall be followed with sample collection, handling and laboratory analysis. ➢ Deliverables: CPH shall report the monitoring event results to the Client within two (2) weeks of receipt of the laboratory sampling results. A location map of the sampling areas, summary of monitoring results and discussion of any issues observed during the event and after examination of the laboratory analysis. ➢ Report Revision: CPH shall address comments or issues brought forth by the CDD regarding the email report. • Meeting: CPH shall attend one (1) electronic meeting with the CDD, Inframark or others designated by the CDD after the interim report is sent out to discuss results. ENV-2 March 2024 Water Sampling Event&Annual Report ➢ CPH shall notify the CCD at least two (2)weeks prior the scheduled water quality sampling event. ➢ CPH shall sample salinity, conductivity,temperature, dissolved oxygen, pH for one(1)event within 29 lakes within the development boundaries. ➢ CPH shall collect one (1) sample for each parameter to include Chlorophyll a, Total Nitrogen, pH and Total Phosphorus within Lakes 5, 6, 10, 15, 19, 25 and 27. • CPH shall coordinate with the analytical laboratory to obtain sampling materials for collection of chlorophyll a, TN, pH and TP as needed. Once samples are collected, CPH shall deliver samples to the laboratory for analysis. Water Quality sampling shall be located within the deep part of the lake within the photic zone. The sampling event shall occur in March 2024. Monitoring is subject to change based on weather and internal scheduling. The sample depth and time will be recorded and identified within the report. CPH anticipates one to one and half days to sample lakes. During water quality sampling, CPH scientists shall photograph lakes, document the aquatic vegetation observed and additional observations that may affect water quality. These observations shall also be recorded and photographed. CPH shall report any issues observed during the sampling events to the Client via email as warranted. ➢ FDEP Standard Operating Procedures (SOP) shall be followed with sample collection, handling and laboratory analysis. Deliverables: CPH shall provide an Annual Report discussing the Sept. 2023 and March 2024 monitoring event results to the Client within two (2)weeks of receipt of the laboratory sampling results. A location map of the sampling areas shall also be provided in the report. Report Revision: CPH shall address comments or issues brought forth by the CDD regarding the report. CPH shall provide one revision to the report within a week of receiving the comment(s) or their representative. • Meeting: CPH shall attend one (1) electronic meeting with the CDD, Inframark or others designated by the CDD after the interim report is sent out to discuss results. 1.2 Additional Services Provide other professional and technical services not specifically identified in Sections ENV-1 through ENV- 2 above. Heritage Bay Water Quality Sampling—Sept. 2023&March 2024 August 14, 2023 2 161 1A 2.0 COST AND COMPENSATION 2.1 Basic Services Services under Basic Services, Task ENV-1 above shall be provided as a Fixed Fee of $9,400.00 for the September 2023 monitoring event and interim report. Services under Basic Services,Task ENV-2 above shall be provided as a Fixed Fee of$10,550.00 for the March 2024 monitoring event and annual report. This cost shall not be exceeded without Client authorization. Invoices for Basic Services will be submitted monthly based on percent complete. 2.2 Additional Services Invoices for Additional Services will be provided on an hourly plus expense reimbursement basis. Invoices for Additional Services will be submitted monthly. 3.0 AUTHORIZATION The above fees, terms, conditions and specifications are subject to the terms and agreements made within the master agreement between the DISTRICT and CONTRACTOR. It is understood that you may terminate this contract with written notice to CPH and CPH will only bill for services rendered up to the date when written termination of the contract is received by CPH, in conformation with the general information. CPH is authorized to do the work as specified and payment will be made as outlined above. By signing this agreement, both parties acknowledge that they have the legal authority to enter into this agreement and agree to be bound by the terms contained therein and in the master agreement. Should the agreement be acceptable, please sign, retain a copy for your records, and return a copy to CPH as our notice to proceed. We look forward to working with you on this endeavor. Should you have any questions, please call me at(407) 399-0840. CPH, LLC AUTHORIZATION By: iik,; - ..:.C. 1 Amy E. 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'�•. ` !-8; O1:-.__ r• i - k. te ,,,1 v...) . �► •I,Kj.Os r'fi • :.eatheredi Kayak d+.�tTBa D'r L _.... +' .• t Sto'rye :r Di` ,O �e,ta Y �,--,4w 1 - n ir • , -�- •— -Linesto'n'e /. _ �i11 *�Icty lRt•>�1l�w1R1�111.� �,� -�- lr" ,. 1 F Immokalee Rd • , ter~A .. ~ '+{ , ' � `^ ' 'Li *`` A � - • zi, • • ei Scale:1"=1,500 LAKE SAMPLING LOCATIONS MAP /''� Date:1 011 3/2 0 2 0 A{ (,�, / Photo Date:2018 SECTIONS 13&24,TOWNSHIP 8 SOUTH,RANGE 26 EAST HERITAGE BAY CDD FIGURE a /� L((JJJ Project No.13610.2 2 r N SECTIONS 18&19,TOWNSHIP 48 SOUTH,RANGE 27 EAST Al Biologist:AED GIS:MGO COLLIER COUNTY,FLORIDA Service Report , t O . . sQLITuDE LAKE MANAGEMENT Account Heritage Bay CDD Work Order Contact Justin Faircloth Work Order 00466023 Address 10154 Heritage Bay Blvd. Number Naples,FL 34120 Created Date 1/17/2024 Work Details Specialist Treated Prepared By HUGO PAIZ Comments to Customer Work Order Assets Asset Status Product Work Type Heritage Bay CDD-Wetland-All Treated Service Parameters Asset Product Work Type Specialist Comments to Customer Heritage Bay INVASIVES CONTROL CDD-Wetland-All Heritage Bay TRASH/DEBRIS COLLECTION(IN CDD-Wetland-All HOUSE) Heritage Bay SHORELINE WEED CONTROL CDD-Wetland-All Heritage Bay Treated littorals 30a,30b,22,23,24,25,21 for torpedograss and CDD-Wetland-All vines. Service Report SQLITUDE t6IIA LAKE MANAGEMENT Account Heritage Bay CDD Work Order Contact Justin Faircloth Work Order 00485327 Address 10154 Heritage Bay Blvd. Number Naples,FL 34120 Created Date 1/16/2024 Work Details Specialist Treated for shoreline grasses and brush on lake Prepared By ERIK MARTINEZ Comments to 30A.Beneficial plants observed were gulf Customer spikerush.Wildlife observations were cormorants,bass and turtles.Will monitor and treat accordingly. Work Order Assets Asset Status Product Work Type Heritage Bay CDD-Lake-All Treated Service Parameters Asset Product Work Type Specialist Comments to Customer Heritage Bay CDD-Lake-All TRASH/DEBRIS COLLECTION(IN HOUSE) Heritage Bay CDD-Lake-All SHORELINE WEED CONTROL Heritage Bay CDD-Lake-All LAKE WEED CONTROL Heritage Bay CDD-Lake-AII ALGAE CONTROL Heritage Bay CDD-Lake-All Service Report 4 61 1 a SQLITUDE LAKE MANAGEMENT Account Heritage Bay CDD Work Order Contact Justin Faircloth Work Order 00488234 Address 10154 Heritage Bay Blvd. Number Naples,FL 34120 Created Date 1/30/2024 Work Details Specialist Treated Prepared By HUGO PAIZ Comments to Customer Work Order Assets Asset Status Product Work Type Heritage Bay CDD-Wetland-All Treated Service Parameters Asset Product Work Type Specialist Comments to Customer Heritage Bay INVASIVES CONTROL CDD-Wetland-All Heritage Bay TRASH/DEBRIS COLLECTION(IN CDD-Wetland-All HOUSE) Heritage Bay SHORELINE WEED CONTROL COD-Wetland-All Heritage Bay Treated canal and littorals 1,3,5,8, 12,for torpedograss,thalia and CDD-Wetland-All pennywort. Service Report 161 1A SQLITUDE LAKE MANAGEMENT Account Heritage Bay CDD Work Order Contact Justin Faircloth Work Order 00488661 Address 10154 Heritage Bay Blvd. Number Naples,FL 34120 Created Date 1/18/2024 Work Details Specialist Treated for shoreline grasses and brush on lake Prepared By ERIK MARTINEZ Comments to 6.Lake inspections on lakes 7-11.Water levels Customer are high.Wildlife observations were cormorants, bass,herons,turtles,ibis and alligators. Beneficial plants observed were gulf spikerush, arrowhead,thalia and pickerelweed.Will monitor and treat accordingly. Work Order Assets Asset Status Product Work Type Heritage Bay CDD-Lake-All Treated Service Parameters Asset Product Work Type Specialist Comments to Customer Heritage Bay CDD-Lake-AII TRASH/DEBRIS COLLECTION(IN HOUSE) Heritage Bay CDD-Lake-All SHORELINE WEED CONTROL Heritage Bay CDD-Lake-AII LAKE WEED CONTROL Heritage Bay CDD-Lake-AII ALGAE CONTROL Heritage Bay CDD-Lake-All Service Report 161 ` SQLITUDE LAKE MANAGEMENT Account Heritage Bay CDD Work Order Contact Justin Faircloth Work Order 00489259 Address 10154 Heritage Bay Blvd. Number Naples,FL 34120 Created Date 1/29/2024 Work Details Specialist Treated for surface algae on lakes 10 and 29. Prepared By ERIK MARTINEZ Comments to Water levels just under normal.Wildlife Customer observations were cormorants,herons,ducks, bass,turtles and alligators.Beneficial plants observed were gulf spikerush,arrowhead and pickerel weed.Will monitor and treat accordingly. Work Order Assets Asset Status Product Work Type Heritage Bay CDD-Lake-All Inspected Service Parameters Asset Product Work Type Specialist Comments to Customer Heritage Bay CDD-Lake-All TRASH/DEBRIS COLLECTION(IN HOUSE) Heritage Bay CDD-Lake-AII SHORELINE WEED CONTROL Heritage Bay CDD-Lake-AII LAKE WEED CONTROL Heritage Bay CDD-Lake-All ALGAE CONTROL Heritage Bay CDD-Lake-All Service Report SQLITUDE 161 IA LAKE MANAGEMENT Account Heritage Bay CDD Work Order 00491664 Contact Justin Faircloth Work Order 00491664 Address 10154 Heritage Bay Blvd. Number Naples,FL 34120 Created Date 2/7/2024 Work Details Specialist Treated for shoreline grasses on lake 30A. Prepared By ERIK MARTINEZ Comments to Beneficial plants observed gulf spikerush. Customer Wildlife observations were cormorants,bass, brims,ducks,and turtles.Will monitor and treat accordingly. Work Order Assets Asset Status Product Work Type Heritage Bay CDD-Wetland-All I Treated Service Parameters Asset Product Work Type Specialist Comments to Customer Heritage Bay CDD-Wetland-AII INVASIVES CONTROL Heritage Bay CDD-Wetland-All TRASH/DEBRIS COLLECTION(IN HOUSE) Heritage Bay CDD-Wetland-All SHORELINE WEED CONTROL Heritage Bay CDD-Wetland-All Service Report `+ L V I /► A SQLITUDE LAKE MANAGEMENT Account Heritage Bay CDD Work Order 00492150 Contact Justin Faircloth Work Order 00492150 Address 10154 Heritage Bay Blvd. Number Naples,FL 34120 Created Date 2/9/2024 Work Details Specialist Treated. Prepared By HUGO PAIZ Comments to Customer Work Order Assets Asset Status Product Work Type Heritage Bay CDD-Lake-AII Inspected Service Parameters Asset Product Work Type Specialist Comments to Customer Heritage Bay CDD-Lake-AII TRASH/DEBRIS COLLECTION(IN HOUSE) Heritage Bay CDD-Lake-AII SHORELINE WEED CONTROL Heritage Bay CDD-Lake-AII LAKE WEED CONTROL Heritage Bay CDD-Lake-AII ALGAE CONTROL Heritage Bay CDD-Lake-AII All littorals inspected,picked up palm fronds from littorals. Service Report 16ISG0LITUDE is LAKE MANAGEMENT Account Heritage Bay CDD Work Order 00499200 Contact Justin Faircloth Work Order 00499200 Address 10154 Heritage Bay Blvd, Number Naples,FL 34120 Created Date 2/7/2024 Work Details Specialist Used truxor cutting pond weed Prepared By ALAN MEADOWS Comments to Customer Work Order Assets Asset Status Product Work Type Heritage Bay CDD-Lake-All Inspected Service Parameters Asset Product Work Type Specialist Comments to Customer Heritage Bay CDD-Lake-All TRASH/DEBRIS COLLECTION(IN HOUSE) Heritage Bay CDD-Lake-All SHORELINE WEED CONTROL Heritage Bay CDD-Lake-All LAKE WEED CONTROL Heritage Bay CDD-Lake-AII ALGAE CONTROL Heritage Bay CDD-Lake-AII Service Report s .Gdj -TuDE ' bl 1A LAKE MANAGEMENT Account Heritage Bay CDD Work Order 00500367 Contact Justin Faircloth Work Order 00500367 Address 10154 Heritage Bay Blvd. Number Naples,FL 34120 Created Date 2/27/2024 Work Details Specialist Treated Prepared By HUGO PAIZ Comments to Customer Work Order Assets Asset Status Product Work Type Heritage Bay CDD-Wetland-All j Treated Service Parameters Asset Product Work Type Specialist Comments to Customer Heritage Bay CDD-Wetland-All INVASIVES CONTROL Heritage Bay CDD-Wetland-All TRASH/DEBRIS COLLECTION(IN HOUSE) Heritage Bay CDD-Wetland-AII SHORELINE WEED CONTROL Heritage Bay CDD-Wetland-AII Treated littorals 3,5-18,21-29.For torpedograss and vines. Service Report SLITUDE 161 1A LAKE MANAGEMENT Account Heritage Bay CDD Work Order 00500609 Contact Justin Faircloth Work Order 00500609 Address 10154 Heritage Bay Blvd. Number Naples,FL 34120 Created Date 2/22/2024 Work Details Specialist Treated for submerged vegetation on lake 19. Prepared By ERIK MARTINEZ Comments to Treated for floating vegetation on lake 27. Customer Minimal debris collected from lakes 10 and 19. Water levels just under normal.Beneficial plants observed were gulf spikerush and pickerelweed. Wildlife observations were cormorants,turtles, ducks,bass,bluegill,tilapia,ibis and alligators. Will monitor and treat accordingly. Work Order Assets Asset Status Product Work Type Heritage Bay COD-Lake-All Treated Service Parameters Asset Product Work Type Specialist Comments to Customer Heritage Bay CDD-Lake-All 'TRASH/DEBRIS COLLECTION(IN HOUSE) Heritage Bay CDD-Lake-All SHORELINE WEED CONTROL Heritage Bay CDD-Lake-All LAKE WEED CONTROL Heritage Bay CDD-Lake-All ALGAE CONTROL Heritage Bay CDD-Lake-All 6I 1A Service Report SQLITUDE LAKE MANAGEMENT Account Heritage Bay CDD Work Order 00503374 Contact Justin Faircloth Work Order 00503374 Address 10154 Heritage Bay Blvd. Number Naples,FL 34120 Created Date 2/28/2024 Work Details Specialist Treated for planktonic algae on lake 27.Added Prepared By ERIK MARTINEZ Comments to natural color(black)lake dye for algae growth Customer control.Wildlife observations were cormorants, bass and turtles.Water levels are at normal.Will monitor and treat accordingly. Work Order Assets Asset Status Product Work Type Heritage Bay CDD-Lake-All Treated Service Parameters Asset Product Work Type Specialist Comments to Customer Heritage Bay CDD-Lake-All TRASH/DEBRIS COLLECTION(IN HOUSE) Heritage Bay CDD-Lake-All SHORELINE WEED CONTROL Heritage Bay CDD-Lake-AII LAKE WEED CONTROL Heritage Bay CDD-Lake-All ALGAE CONTROL Heritage Bay CDD-Lake-All Service Report 1 6 I 1 A SQLITUDE LAKE MANAGEMENT Account Heritage Bay CDD Work Order 00507834 Contact Justin Faircloth Work Order 00507834 Address 10154 Heritage Bay Blvd. Number Naples,FL 34120 Created Date 3/4/2024 Work Details Specialist Used the truxor cut weeds Prepared By ALAN MEADOWS Comments to Customer Work Order Assets Asset Status Product Work Type Heritage Bay CDD-Lake-All Inspected Service Parameters Asset Product Work Type Specialist Comments to Customer Heritage Bay CDD-Lake-All TRASH/DEBRIS COLLECTION(IN HOUSE) Heritage Bay CDD-Lake-All SHORELINE WEED CONTROL Heritage Bay CDD-Lake-All LAKE WEED CONTROL Heritage Bay CDD-Lake-All ALGAE CONTROL Heritage Bay CDD-Lake-All 161 lA INFRAMARK INFRASTRUCTURE MANAGEMENT SERVICES Heritage Bay CDD February 6th , 2024 — Field Management Report (Quarterly Review with Solitude) www.inframarktms.com Inspected by: Jacob Whitlock&Rick Phelps 1) Review of SOLitude Lake Management/ Contract Compliance Bailey Hill was on-site to tour with Supervisor Phelps and Inframark staff to provide a review and report summary. i. Grass spray outs. Bailey from Solitude has explained the situation to Chairman Hubbard. It is apparent that someone has sprayed the lake banks to kill the torpedo grass. Notable banks are lakes 6, 10, and 19. Solitude to investigate further. • 3131614ir#0....t.,61,..r.aditwithilogig, - , 4411111111111100461 XYa Ir ` 2) Lake Bank Erosion / Drainage Installation a) Terraces No issues noted. b) Verandas No new issues observed. 161 1A. c) Single-Family Homes Lake 10 on the residential side across from the 3rd hole tee box. There are depressions under or near the access panels that are sinking down to create holes in the ground. Supervisor Phelps saw this as a safety concern and recommend it be noted for board review. • 3) Identification and Monitoring of Lake Bank Damage No new issues observed. 4) Rip Rap assessment There are grasses present on larger lakes, 20 and 30. SOLitude treatments are ongoing. 5) Control Structure review CS-102 (behind maintenance building) looks clean and well maintained at the time of inspection. No other issues observed. Photos of control structures taken for historical record. 6) Lake Interconnects No issues observed. 7) Watch List: a) Continuing to monitor Golf cart path "Flumes" behind clubhouse. Has not worsened since last inspection. 8) Homeowner issues/Invasive Plants No issues observed. Inframark Monthly Management Report 1 161 IA 9) Residential Complaints/Concerns No issues observed or reported. 10) Non-CDD Issues: No issues observed or reported. 11) Report Tracking: Reports are due November, February,April, and July. a) Next Scheduled report: TBD April 2024. b) Next Scheduled report review with SOLitude: TBD April 2024. Inframark Monthly Management Report 2 161 1A Good afternoon, The following is a summary from our inspection. This summary is meant to substitute the monthly report for the agenda. Spatterdock in lake 27 needs to be treated. This was reviewed with the technician while on site. It was determined that the spatterdock will need to be treated by boat. Treatment is scheduled for 2/23. Algae on the southern end of lake 5 has cleared up naturally. Some growth of torpedograss and sedge was observed in the wetland located adjacent to 30B. This area will be targeted on 2/27. The flow way in 30B and the area under the bridge is well maintained. Some of the Illinois pondweed was a little higher on the west side of the bridge, but it is not tall enough to trim at this time. This area will be targeted during next month's trimming as growth should be high enough to cut with the truxor. Previous treatments for Illinois pondweed around the perimeter of 30A appear to be effective. Lake 20 was reviewed as requested. The only littoral observed on the eastern side was gulf spikerush. There was no indication of damage to the littorals from treatment at this time. We observed some torpedograss in open areas along lake 9. The growth will be treated on 2/27 as well. The spraying of buffers has been a topic of concern as well. Ed brought to my attention that many of the buffers along the golf course extending onto the lake bank were recently treated. When reviewing lakes 2 and 10, I noticed that only the grasses on the lake bank were dead. The areas above the high water line were left alone. I believe the technician saw this growth and eradicated it in order to abide by the requirements of our contract with the CDD. All of the grass that was dead is torpedograss. These areas will grow back over time. Ed provided a list of all the areas in which the golf course is letting the buffers grow and stated that the purpose of these grasses is to prevent further erosion. This list was distributed to the technicians and the operations manager to prevent this from happening again. 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Meagan E. Magaldi,Esq. Re: New Ethics Training Requirements Effective January 1,2024 Pursuant to Section 112.3142, Florida Statutes, beginning January 1, 2024, all Supervisors of a community development district organized and existing under the Uniform Community Development District Act of 1980, Chapter 190, Florida Statutes, will be required to complete four(4) hours of ethics training each calendar year("Ethics Training"). The four(4) hours of Ethics Training shall be allocated amongst the following categories: two (2)hours of ethics law, one (1) hour of Sunshine law, and one (1) hour of Public Records law. Supervisors will report their 2024 training when they fill out their Form 1 (Statement of Financial Interests)for the 2025 year by checking a box confirming that they have completed the annual Ethics Training. The Ethics Training may be completed online, or at a continuing legal education class or other continuing professional education class, seminar, or presentation, provided the required subject matter is covered. It is highly recommended that you keep a record of all trainings, classes, seminars, and/or presentations completed or attended which are used to satisfy the Ethics Training requirements. This record may include date and time of completion. At this time, there is no requirement to submit a certificate of completion of the Ethics Training. However, the Florida Commission on Ethics ("COE") advises that Supervisors maintain a record in the event they are asked to provide proof of completion of the Ethics Training. Please note that the four(4)hours of the Ethics Training do not have to be completed all at once. The COE has compiled a list of resources on their website, a link to which can be found below. We recommend that you review the COE website. The COE website has several free online resources and links to resources that Supervisors might find helpful, including free training for the two (2) hour ethics portion and links to outside trainings which can be used to satisfy the other categories of the Ethics Training. For your convenience, links to the trainings provided by the COE and the outside trainings referenced on the COE website are listed below. 1. General Resource: Florida Commission on Ethics-Training- Ethics(state.fl.us) 2. Free Training Programs: a. Ethics law - The COE provides several free training videos (audio/visual or audio only) covering specific ethics law topics. Please note that two"hours"in the category of ethics law are required annually. Pursuant to CEO 13-15, "hours"may be measured in fifty(50)minute increments so you should ensure you satisfactorily complete sufficient programs to satisfy the two-hour ethics requirement if choosing a combination of training videos listed below. cyklawfirm.com ' 6I lA • State Ethics Laws for Constitutional Officers&Elected Municipal Officers Video Tutorial • Business and Employment Conflicts and Post-Public-Service Restriction Video Tutorial • Financial Disclosure-Form 1 Video Tutorial • Gifts Video Tutorial • Voting Conflicts-Local Officers Video Tutorial b. Sunshine law and Public Records law-The Office of the Attorney General offers a free two- hour online course(audio only)which satisfies both the one-hour Sunshine law and one-hour Public Records law portions of the annual training requirement. • Video Tutorial 3. Other Training Programs a. Florida State University's Florida Institute of Government offers a "4-Hour Ethics Course" which satisfies the annual requirement to attend two hours of ethics law,one hour of Sunshine law, and one hour of Public Records law. The course is available online 24/7 and may be paused and resumed at your convenience. The registration fee is$79.00. • 4-Hour Ethics Course b. The Florida Bar offers a course titled "Sunshine Law, Public Records and Ethics for Public Officers and Public Employees"which satisfies the annual requirement to attend two hours of ethics law, one hour of Sunshine law, and one hour of Public Records law. The course is available online 24/7 and may be paused and resumed at your convenience. The registration fee is $325.00. Please note that this course exceeds the four-hour requirement(duration is 5 hours, 18 minutes), is significantly more expensive than the other options, and the material is tailored for attorneys. • Sunshine Law,Public Records and Ethics for Public Officers and Public Employees c. Other training options will likely be added over time by other education organizations. If you have any questions regarding this new law, or need any additional assistance with locating resources or classes to satisfy any portion of the Ethics Training, please contact the District Manager, or myself. cyklawfirm.com Copeland Southern Enterprises,Inc. 161 ! A 1668 Many Road North Fort Myers, Fl, 33903 CONTRACT CHANGE ORDER TO: {NAME}Heritage Bay CDD DATE: 3/13/2024 PROJECT NAME: Lake 19,SW Corner Concrete Sidewalk additional of 27 feet of Modified"A"Curb PROJECT NUMBER: NA CHANGE ORDER NUMBER: 001 DESCRIPTION OF WORK: Crews will install additional 27 feet of Modified"A" Curb running West to complete the tying in of the 2 curbing systems together and to ensure that the rain water flowing down the walk makes it into the Concrete Lake Flume. ORIGINAL CONTRACT SUM: $ 7,375.00 NET CHANGES BY PREVIOUS CHANGE ORDERS: $ 00.00 CONTRACT SUM PRIOR TO THIS CHANGE ORDER: $ 7,375.00 AMOUNT OF THIS CHANGE ORDER: $ 1,900.00 NEW CONTRACT SUM INCLUDING THIS CHANGE ORDER: $ 9,275.00 We at Copeland Southern Enterprises hope this meets your approval and satisfies your requirements. If so please sign the contract change order below and return a copy to our office by Fax or Email. Should you have any questions or need any additional information,Please do not hesitate to call Scott Copeland at 239-995-3684 or Mobile#239-707-6806. ACCEPTED BY: AUTHORIZED BY: --Pjuf-4/ TITLE: TITLE: / District Manager/Secretary DATE: DATE: 3/18/24 per Resolution 2020-02 after discussion with the Chairman. 161 lA 2024 Golf Course Cultivation Schedule All 3 nines will be closed for 8 weeks during the summer. The courses will rotate every 4 weeks allowing for 2 closures on each 9. Currently the rotation has not been determined. As we get closer to the end of season and determine which course needs maintenance the most it will be the first to close and the rotation will be determined.The following dates represent the closing weeks. CLOSURE 9 HOLES APRIL 29"—MAY 26" CLOSURE 9 HOLES MAY 27"—JUNE 23RD CLOSURE 9 HOLES JUNE 24"—JULY 21sT CLOSURE 9 HOLES JULY 22ND—AUGUST 18T" CLOSURE 9 HOLES AUGUST 19T"—SEPTEMBER 15" CLOSURE 9 HOLES SEPTEMBER 16T"—OCTOBER 13' ALL COURSES OPEN FOR PLAY OCTOBER 14T" In the event that play does not warrant all 3 nines being open when we open on October 14th we may elect to do several 1 day closures on each nine if necessary. 161 1A Heritage Bay Community Development District Financial Report January 31, 2024 Prepared by 6INFRAMARK INfRA)TRVCTVR[MANAGCMLNT)ERYIC[) 16I 1A HERITAGE BAY Community Development District Table of Contents Page# FINANCIAL STATEMENTS BalanceSheet -All Funds .................................................................................... 1 Statement of Revenues, Expenditures and Changes in Fund Balance GeneralFund .................................................................................... 2-3 DebtService Fund .................................................................................... 4 SUPPORTING SCHEDULES TrendReport .................................................................................... 5-6 Non-Ad Valorem Special Assessments ..................................................................... 7 Cash and Investment Report .................................................................................... 8 BankReconciliation .................................................................................... 9 CheckRegister .................................................................................... 10 Invoice .................................................................................... 11-13 161 1A Heritage Bay Community Development District Financial Statements (Unaudited) January 31, 2024 HERITAGE BAY 1 6 1 1 A Community Development District Governmental Funds Balance Sheet January 31, 2024 SERIES 2018 DEBT GENERAL SERVICE ACCOUNT DESCRIPTION FUND FUND TOTAL ASSETS Cash-Checking Account $ 627,639 $ - $ 627,639 Due From Other Funds - 61,641 61,641 Investments: Money Market Account 699,026 - 699,026 Reserve Fund - 393,854 393,854 Revenue Fund - 1,796,765 1,796,765 TOTAL ASSETS $ 1,326,665 $ 2,252,260 $ 3,578,925 LIABILITIES Accounts Payable $ 170 $ - $ 170 Accrued Expenses 5,736 - 5,736 Due To Other Funds 61,641 - 61,641 TOTAL LIABILITIES 67,547 - 67,547 FUND BALANCES Restricted for: Debt Service - 2,252,260 2,252,260 Assigned to: Operating Reserves 95,566 - 95,566 Reserves-Erosion Control 14,687 - 14,687 Reserves-Lakes 221,725 - 221,725 Reserves-Stormwater System 77,130 - 77,130 Unassigned: 850,010 - 850,010 TOTAL FUND BALANCES $ 1,259,118 $ 2,252,260 $ 3,511,378 TOTAL LIABILITIES&FUND BALANCES $ 1,326,665 $ 2,252,260 $ 3,578,925 1 161 1A HERITAGE BAY Community Development District General Fund Statement of Revenues, Expenditures and Changes in Fund Balances For the Period Ending January 31, 2024 ANNUAL ADOPTED YEAR TO DATE YEAR TO DATE VARIANCE($) ACCOUNT DESCRIPTION BUDGET BUDGET ACTUAL FAV(UNFAV) REVENUES Interest- Investments $ 51,001 $ 17,000 $ 31,413 $ 14,413 Interest-Tax Collector - - 1,814 1,814 Special Assmnts-Tax Collector 505,604 439,375 458,148 18,773 Special Assmnts- Reserves 31,250 25,653 28,317 2,664 Special Assmnts- Discounts (21,474) (16,403) (19,130) (2,727) TOTAL REVENUES 566,382 465,625 500,562 34,937 EXPENDITURES Administration P/R-Board of Supervisors 9,000 3,000 1,400 1,600 FICA Taxes 689 230 107 123 ProfServ-Arbitrage Rebate 600 600 - 600 ProfServ-Dissemination Agent 1,500 1,500 - 1,500 ProfServ-Engineering 12,000 4,000 585 3,415 ProfServ-Legal Services 11,500 3,833 823 3,010 ProfServ-Mgmt Consulting 52,078 17,359 17,359 - ProfServ-Property Appraiser 8,053 8,271 8,271 - ProfServ-Special Assessment 7,428 7,428 7,212 216 ProfServ-Trustee Fees 8,468 8,468 2,846 5,622 ProfServ-Web Site Maintenance 1,238 413 413 - Auditing Services 5,000 5,000 - 5,000 Website Compliance 1,553 518 388 130 Postage and Freight 1,000 333 222 111 Insurance-General Liability 9,419 9,419 8,936 483 Printing and Binding 1,800 600 863 (263) Legal Advertising 2,000 667 306 361 Misc-Bank Charges 100 33 - 33 Misc-Assessment Collection Cost 10,737 7,732 10,936 (3,204) Misc-Web Hosting 1,500 500 - 500 Office Supplies 100 33 90 (57) Annual District Filing Fee 175 175 175 - Total Administration 145,938 80,112 60,932 19,180 2 HERITAGE BAY 1 6 f t o Community Development District General Fund Statement of Revenues, Expenditures and Changes in Fund Balances For the Period Ending January 31, 2024 ANNUAL ADOPTED YEAR TO DATE YEAR TO DATE VARIANCE($) ACCOUNT DESCRIPTION BUDGET BUDGET ACTUAL FAV(UNFAV) Field ProfServ-Field Management 14,440 4,813 2,407 2,406 R&M-Contingency 100 100 - 100 Total Field 14,540 4,913 2,407 2,506 Lakes and Ponds Contracts-Lake and Wetland 71,200 23,733 22,400 1,333 Contracts-Water Analysis 9,861 3,287 - 3,287 Contracts-Water Quality 20,905 6,968 2,820 4,148 Contracts-Lakes 30A&30B 24,000 8,000 8,000 - Contract-Sediment Testing 5,483 1,828 - 1,828 R&M-Aquascaping 4,175 1,392 - 1,392 R&M-Stormwater System 4,000 1,333 - 1,333 R&M-Lake Erosion 100,000 33,333 75 33,258 R&M-Contingency 7,825 2,608 - 2,608 Reserve- Lakes 140,000 140,000 - 140,000 Reserve-Stormwater System 18,455 18,455 - 18,455 Total Lakes and Ponds 405,904 240,937 33,295 207,642 TOTAL EXPENDITURES 566,382 325,962 96,634 229,328 Excess(deficiency) of revenues Over(under)expenditures - 139,663 403,928 264,265 Net change in fund balance $ - $ 139,663 $ 403,928 $ 264,265 FUND BALANCE, BEGINNING (OCT 1, 2023) 855,190 855,190 855,190 FUND BALANCE, ENDING $ 855,190 $ 994,853 $ 1,259,118 3 HERITAGE BAY 16 1 1 A Community Development District Series 2018 Debt Service Fund Statement of Revenues, Expenditures and Changes in Fund Balances For the Period Ending January 31, 2024 ANNUAL ADOPTED YEAR TO DATE YEAR TO DATE VARIANCE($) ACCOUNT DESCRIPTION BUDGET BUDGET ACTUAL FAV(UNFAV) REVENUES Interest- Investments $ 1,000 $ 333 $ 14,924 $ 14,591 Special Assmnts-Tax Collector 1,689,155 1,564,738 1,530,611 (34,127) Special Assmnts- Discounts (67,566) (54,218) (60,189) (5,971) TOTAL REVENUES 1,622,589 1,510,853 1,485,346 (25,507) EXPENDITURES Administration ProfServ-Property Appraiser 25,337 25,337 - 25,337 Misc-Assessment Collection Cost 33,783 30,717 29,408 1,309 Total Administration 59,120 56,054 29,408 26,646 Debt Service Principal Debt Retirement 1,115,000 - - - Principal Prepayments - - 10,000 (10,000) Interest Expense 456,150 228,075 227,934 141 Total Debt Service 1,571,150 228,075 237,934 (9,859) TOTAL EXPENDITURES 1,630,270 284,129 267,342 16,787 Excess(deficiency)of revenues Over(under) expenditures (7,681) 1,226,724 1,218,004 (8,720) OTHER FINANCING SOURCES(USES) Contribution to(Use of) Fund Balance (7,681) - - - TOTAL FINANCING SOURCES(USES) (7,681) - - - Net change in fund balance $ (7,681) $ 1,226,724 $ 1,218,004 $ (8,720) FUND BALANCE, BEGINNING(OCT 1, 2023) 1,034,256 1,034,256 1,034,256 FUND BALANCE, ENDING $ 1,026,575 $ 2,260,980 $ 2,252,260 4 16114 a - d , , , e oee a voe ee a eee CO p O) co . , co O O N Q O I� Q O O N W iA N n n O n M O C e 0 0 co co O O n O N W M O O O CO W W D W O 0, CO Gp 1, m ft LO Q O R N. 00300000000000000100, 000 A 0 O 0 O 0 0 O O A CO O CO 0 0 0 0 A O N 0 CO 0 LO 0 O O O CO O O A W 0 0 c0 N Q M 0 CO 0 0 O to O O Q Q N O co O Q CO 0 T- A 0 r- 3- CO < 3- LO O ; N Co M v CO O) .r- o W I� W .- u') ,- •- 05 .- N O ,- - 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H Q c H � W o I 0 161 lA HERITAGE BAY Community Development District Cash & Investment Report January 31, 2024 ACCOUNT NAME BANK NAME YIELD BALANCE OPERATING FUND Operating Checking Valley National Bank 5.38% $627,639 Money Market Account BankUnited 5.25% 699,026 Subtotal $1,326,665 DEBT SERVICE AND CAPITAL PROJECT FUNDS Series 2018 Reserve Fund U.S. Bank 4.96% 393,854 Series 2018 Revenue Fund U.S. Bank 4.96% 1,796,765 Subtotal 2,190,620 Total $3,517,285 8 Heritage Bay CDD 161 1 A Bank Reconciliation Bank Account No. 9050 Valley National Bank GF(NEW) Statement No. 01-24 Statement Date 1/31/2024 G/L Balance(LCY) 627,639.43 Statement Balance 641,151.05 G/L Balance 627,639.43 Outstanding Deposits 0.00 Positive Adjustments 0.00 Subtotal 641,151.05 Subtotal 627,639.43 Outstanding Checks 13,511.62 Negative Adjustments 0.00 Differences 0.00 Ending G/L Balance 627,639.43 Ending Balance 627,639.43 Difference 0.00 Posting Document Document Cleared Date Type No. Description Amount Amount Difference Outstanding Checks 1/24/2024 Payment 4232 CPH,INC 190.00 0.00 190.00 1/24/2024 Payment 4235 INFRAMARK,LLC 13,321.62 0.00 13,321.62 Total Outstanding Checks 13,511.62 13,511.62 9 161 lA NU0000 0 0 00op CO h ^ 0 0N M OO NCOMm to m M O CU' d CO 0000O p CO 00 n Oi CO CO CO N O 0)r n 0000 O O T HNYMOMOr 0) N CON O (0 O <O N mN9 NY N O pO r n 0O p O O p A bOiTO A (q N , b W o o ecEa »www .w . N 4 m . eQ » w w o q 1. W q 3 W A R R N ti ti ,2. i2 ,_ ti ;o ac Y m O. O O d r n ^ r d O N O O O O O O O O O G N N N U Q L O) O) W CT) .0 'C M M M O) m M M M 'C t t V U V co M co m V V co0 N (.) V A (O (O N (O N N N N N Y) "? (O N ".) h 0 O = J co t0 .1 6 .1 CO O r co N d co N N (0 (N CO N O O O N O O) m 0 I- 0 0 I- U 0 0 O o O o 0 0 0 coo 0 0 a 0 o a 'm m M CO CO CO CO ? V d M M d m M V) 7 CO CO C 0 iO Y) N N (O (O V) (O (O 10 U Y) (O V) V) U. - . U. F O 2 C c .a co V) c C O F CO N m W m N N w E c O N V > > y Of W N G 2 < a 0 a C = 7'L C C = 4) C C ) rle LJ NmN M U O, no N O)N a -,a-2CNU d (/ U0H l I— � _ YYYU IL ff, 1 U ll O U) CO N J J J J ma a a in,d a d . L L U J W C C C 11 C3h 2' O O CI > 2 u u u u d m 2 2 d 2 2 E E c n m m m m m ) U0, n oF con U ( U U 4. ° aa ` a ` ` 0 W a U U U U 0 a a a a a 0 00 2 v i- ,- LUWWWWLU d N Z Z U U U U U U V) V)v) > » » > J Z ZO M .- C a Q Z Z WWWKaaa MM WW� � O o J co cc � CO V)ON � f 2W O . V w) a a JJ d a a a H F F- F- F- F- u) (qU- = ena J aa N xxxZZZZZZ U U U WWWWWW VW V) W Q O Q J J Z Z a' m m m W W W W W W Q Q Y U' 0UC� 00 w d co ¢ w w - x g g g a a a a a a n CO w E 3 3 w w I- < < < z z z z z z o 0 c) EL , w co > aaaaaaaaaco ~ °U a N N 3 3 > > > f o N D o d d M M M M m M M M M N N Z p N N N N N N N N N N N N N N N C -0O O O O O O O O O O LL U- p 9 y 0 N U U Z Z 0 N N NNNN N N N NU)tx co2 E ocC d Q Q ' ' d O N N N N N >.a O �" d o 0 u_ m m M o 0 u p p ✓ m a0 Oi Oi O 4 Q > (O uNi N N u) O f0 f0 O O C CO CO Q Q 1� CO CO CO d d d d Q d N N M _ O O O O (0 m M M 0 0 0 0 0 0 1� r W N d YS N 1� r r n r r o a a a a '() o 0 0 0 0 0 0 0 0 0 0 W 4 a F a CZ M te W U U U U 0 W (n W J J J J N F F F F O W W W W C Y Y Z Z N = WWWW Z a a CO CO U 0000 LL N co a a a a zz a o < < < < W 0 0 W W 2 JJJJJJJJ U _ > w W W w J y )- 0 YYYY } _1 _1 g a Y Y Y Y Y Y Y Y Y W m m r Z W W W W K K EC CC CC CC K a' a' H W W 0 a 0 0 0 0 0 a a a a a a a a a O M 7 7 7 7 Z f f 2 2 f 2 2 f f F < W F- F F 7J CC CC CC K K K CC K K m K K G 0 O O O O a L.L. LL LL LL LL LL LL LL LL W W W Z 0 (O (A (n CO U ZZZZZZZZZ G = = D d Q d d d d d d d d d Q d Q Q O Q Q y IL N N N N N N N N N N N N N N r N N A J O sr . sr sr sr sr srd d d d O no sr sr sr N N N N " N N N N N N N N N N M N el N N N d o Q O O o 0 d 0 d 0 0 0 0 0 0 0 0 0 (n O O W u a u u Q Ts. ac Y Y Y Y W Y c 6 Z w o w o 0 0 o w o w o 0 0 0 0 0 0 0 o C' w m U M = z W = o = o 0 0 0 = o = o 0 0 0 0 0 0 0 o W = N = N o U U U h U U Coleman,Yovanovich & Koester, P.A. Northern Trust Bank Building A 4001 Tamiami Trail North, Suite 300 Naples, Florida 34103-3556 Telephone: (239)435-3535 Fax: (239)435-1218 Page: 1 Heritage Bay COD December 12, 2023 c/o Inframark File No: 6176-001M 210 N. University Dr. Suite 702 Statement No: 101 Coral Springs FL 33071 Attn: Justin Faircloth Gen Rep SENT VIA EMAIL TO: inframark@avidbill.com Previous Balance $245.00 Fees Hours 11/06/2023 GLU Review and respond to email correspondence from Ed Hubbard regarding property matters: Research and review issues relating to the same; Telephone conference with Ed Hubbard 1.25 437.50 GLU Review email correspondence from Justin Faircloth on board summary; Brief review 0.10 35.00 11/07/2023 GLU Review and respond to email correspondence from Ed Hubbard regarding trust indenture back-up 0.30 105.00 Professional Fees through 12/12/2023 1.65 577.50 Total Current Work 577.50 Payments Total Payments Through 12/12/2023 -245.00 Balance Due(includes previous balance, if any) $577.50 11 16i 1A Invoice @pat 500 West Fulton Street Sanford,FL 32771 407-322-6841 Justin Faircloth November 24.2023 Heritage Bay Community Development District Project No: 201.0S28902.000 C/O INFRAMARK Invoice No: 152675 210 N. University Drive Suite 702 Coral Springs, FL 33071 Meetings&Miscellaneous Services at 10154 Heritage Bay Blvd. Naples, FL-Collier County Professional Services through November 24.2023 Professional Personnel Hours Rate Amount Principal 1.00 190.00 190.00 1.00 190.00 Total Labor 190.00 Total this Invoice S190.00 Outstanding Invoices Number Date Balance 9/29/2023 395.00 Total 395.00 Billings to Date Current Prior Total Labor 190.00 62,708.75 62,898.75 Expense 0.00 331.57 331.57 Unit 0.00 1.767.40 1.767.40 Totals 190.00 64.807.72 64.997.72 12 16v 1A Project 201.0S28902.000 INFRAMARK/Heritage Bay;Meeting& Misc Invoice 152675 Billing Backup Monday, December 4, 2023 CPH Consulting, LLC Invoice 152675 Dated 11/24/2023 1:12:27 PM Professional Personnel Hours Rate Amount Principal Lopez,Albert 11/2/2023 1.00 190.00 190.00 CDD Board meeting attendance 1.00 190.00 Total Labor 190.00 Total this Project $190.00 Total this Report $190.00 13 161 lA Heritage Bay Community Development District Financial Report February 29, 2024 Prepared by �INFRAMARK '+VC"u?!MP.4A4;',flY'Sl RViCtY 161 1A HERITAGE BAY Community Development District Table of Contents Page# FINANCIAL STATEMENTS Balance Sheet -All Funds .................................................................................... 1 Statement of Revenues, Expenditures and Changes in Fund Balance GeneralFund .................................................................................... 2-3 DebtService Fund .................................................................................... 4 SUPPORTING SCHEDULES TrendReport .................................................................................... 5-6 Non-Ad Valorem Special Assessments ..................................................................... 7 Cash and Investment Report .................................................................................... 8 BankReconciliation .................................................................................... 9 CheckRegister .................................................................................... 10 1611A Heritage Bay Community Development District Financial Statements (Unaudited) February 29, 2024 161 1A HERITAGE BAY Community Development District Governmental Funds Balance Sheet February 29, 2024 SERIES 2018 DEBT GENERAL SERVICE ACCOUNT DESCRIPTION FUND FUND TOTAL ASSETS Cash-Checking Account $ 719,732 $ - $ 719,732 Due From Other Funds - 137,387 137,387 Investments: Money Market Account 701,866 - 701,866 Reserve Fund - 395,509 395,509 Revenue Fund - 1,799,010 1,799,010 TOTAL ASSETS $ 1,421,598 $ 2,331,906 $ 3,753,504 LIABILITIES Accounts Payable $ 703 $ - $ 703 Accrued Expenses 10,089 - 10,089 Due To Other Funds 137,387 - 137,387 TOTAL LIABILITIES 148,179 - 148,179 FUND BALANCES Restricted for: Debt Service - 2,331,906 2,331,906 Assigned to: Operating Reserves 95,566 - 95,566 Reserves-Erosion Control 14,687 - 14,687 Reserves-Lakes 221,725 - 221,725 Reserves-Stormwater System 77,130 - 77,130 Unassigned: 864,311 - 864,311 TOTAL FUND BALANCES $ 1,273,419 $ 2,331,906 $ 3,605,325 TOTAL LIABILITIES&FUND BALANCES $ 1,421,598 $ 2,331,906 $ 3,753,504 1 161 IA HERITAGE BAY Community Development District General Fund Statement of Revenues, Expenditures and Changes in Fund Balances For the Period Ending February 29, 2024 ANNUAL ADOPTED YEAR TO DATE YEAR TO DATE VARIANCE($) ACCOUNT DESCRIPTION BUDGET BUDGET ACTUAL FAV(UNFAV) REVENUES Interest- Investments $ 51,001 $ 21,250 $ 37,186 $ 15,936 Interest-Tax Collector - - 1,814 1,814 Special Assmnts-Tax Collector 505,604 446,959 481,775 34,816 Special Assmnts- Reserves 31,250 26,401 29,777 3,376 Special Assmnts-Discounts (21,474) (17,089) (19,652) (2,563) TOTAL REVENUES 566,382 477,521 530,900 53,379 EXPENDITURES Administration P/R-Board of Supervisors 9,000 3,750 1,400 2,350 FICA Taxes 689 287 107 180 ProfServ-Arbitrage Rebate 600 - - - ProfServ-Dissemination Agent 1,500 - - - ProfServ-Engineering 12,000 5,000 1,113 3,887 ProfServ-Legal Services 11,500 4,792 823 3,969 ProfServ-Mgmt Consulting 52,078 21,699 21,699 - ProfServ-Property Appraiser 8,053 8,271 8,271 - ProfServ-Special Assessment 7,428 7,428 7,212 216 ProfServ-Trustee Fees 8,468 2,846 2,846 - ProfServ-Web Site Maintenance 1,238 516 516 - Auditing Services 5,000 2,500 2,500 - Website Compliance 1,553 647 776 (129) Postage and Freight 1,000 417 224 193 Insurance-General Liability 9,419 9,419 8,936 483 Printing and Binding 1,800 750 1,037 (287) Legal Advertising 2,000 833 306 527 Misc-Bank Charges 100 42 - 42 Misc-Assessment Collection Cost 10,737 9,082 11,428 (2,346) Misc-Web Hosting 1,500 625 - 625 Office Supplies 100 42 - 42 Annual District Filing Fee 175 175 175 - Total Administration 145,938 79,121 69,369 9,752 2 161 HERITAGE BAY „ Community Development District General Fund Statement of Revenues, Expenditures and Changes in Fund Balances For the Period Ending February 29, 2024 ANNUAL ADOPTED YEAR TO DATE YEAR TO DATE VARIANCE($) ACCOUNT DESCRIPTION BUDGET BUDGET ACTUAL FAV(UNFAV) Field ProfServ-Field Management 14,440 6,017 2,407 3,610 R&M Contingency 100 100 - 100 Total Field 14,540 6,117 2,407 3,710 Lakes and Ponds Contracts-Lake and Wetland 71,200 29,667 28,000 1,667 Contracts Water Analysis 9,861 4,109 - 4,109 Contracts-Water Quality 20,905 8,710 2,820 5,890 Contracts-Lakes 30A&30B 24,000 10,000 10,000 - Contract-Sediment Testing 5,483 2,285 - 2,285 R&M-Aquascaping 4,175 1,740 - 1,740 R&M-Stormwater System 4,000 1,667 - 1,667 R&M-Lake Erosion 100,000 41,667 75 41,592 R&M-Contingency 7,825 3,260 - 3,260 Reserve- Lakes 140,000 140,000 - 140,000 Reserve-Stormwater System 18,455 18,455 - 18,455 Total Lakes and Ponds 405,904 261,560 40,895 220,665 TOTAL EXPENDITURES 566,382 346,798 112,671 234,127 Excess(deficiency) of revenues Over(under)expenditures - 130,723 418,229 287,506 Net change in fund balance $ - $ 130,723 $ 418,229 $ 287,506 FUND BALANCE, BEGINNING (OCT 1, 2023) 855,190 855,190 855,190 FUND BALANCE, ENDING $ 855,190 $ 985,913 $ 1,273,419 3 161 lA HERITAGE BAY Community Development District Series 2018 Debt Service Fund Statement of Revenues, Expenditures and Changes in Fund Balances For the Period Ending February 29, 2024 ANNUAL ADOPTED YEAR TO DATE YEAR TO DATE VARIANCE($) ACCOUNT DESCRIPTION BUDGET BUDGET ACTUAL FAV(UNFAV) REVENUES Interest- Investments $ 1,000 $ 417 $ 18,825 $ 18,408 Special Assmnts-Tax Collector 1,689,155 1,605,233 1,609,547 4,314 Special Assmnts- Discounts (67,566) (64,078) (61,834) 2,244 TOTAL REVENUES 1,622,589 1,541,572 1,566,538 24,966 EXPENDITURES Administration ProfServ-Property Appraiser 25,337 25,337 - 25,337 Misc-Assessment Collection Cost 33,783 32,705 30,954 1,751 Total Administration 59,120 58,042 30,954 27,088 Debt Service Principal Debt Retirement 1,115,000 - - - Principal Prepayments - - 10,000 (10,000) Interest Expense 456,150 228,075 227,934 141 Total Debt Service 1,571,150 228,075 237,934 (9,859) TOTAL EXPENDITURES 1,630,270 286,117 268,888 17,229 Excess(deficiency) of revenues Over(under) expenditures (7,681) 1,255,455 1,297,650 42,195 OTHER FINANCING SOURCES(USES) Contribution to(Use of) Fund Balance (7,681) - - - TOTAL FINANCING SOURCES(USES) (7,681) - - - Net change in fund balance $ (7,681) $ 1,255,455 $ 1,297,650 $ 42,195 FUND BALANCE, BEGINNING (OCT 1, 2023) 1,034,256 1,034,256 1,034,256 FUND BALANCE, ENDING $ 1,026,575 $ 2,289,711 $ 2,331,906 4 161 lA a _ 14 `o v • \ o o o 0 o N rn Zr o o co m A °° CO rn n1.0 C. d • ' v o v m o o m m orm 13) 0teN e m N n CO o m_ i i - m , Lti -U a0 N N a ° 1 tIA c or 0 v 0 V. r 0 H m CO 1-CO CO CID- CO N v _ LO m o m - °' CO 0 CO 0 CO CO _ o a `m" o 0 • m J }} 0 4 ~ O. m N y in N n m N C O. 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N N O CO 3 M CO Its' O WsO > N ca Q Q 5 a 69 ER 0 Z N N u) O N CO u7 CO N 6) e- CO N- CO NY ct N- N - co 4- N '8' N co N V' N N E- N CO CO 3 'O N C) 0 > O N CO 0) CO LO CO00 6) 0) ,L > N N CO00 01 0 E '�, >- z Cn Q 0 a m c tea) Z C Z a) H E N ER ER a 0 Q C o 0 a) co co co co co co co co V• O r E CO N N N N N N N N N N Q J J Q V) O CO tt O V' CO N N O 00 � O Q CO ( CO O N N M O \ N N O N O p W Q re C0 O N N N O NO 0 Q Q Q I^ o V Q E lz C lao t 0 161 iA HERITAGE BAY Community Development District Cash & Investment Report February 29, 2024 ACCOUNT NAME BANK NAME YIELD BALANCE OPERATING FUND Operating Checking Valley National Bank 5.38% $719,732 Money Market Account BankUnited 5.25% 701,866 Subtotal $1,421,598 DEBT SERVICE AND CAPITAL PROJECT FUNDS Series 2018 Reserve Fund U.S. Bank 4.96% 395,509 Series 2018 Revenue Fund U.S. Bank 4.96% 1,799,010 Subtotal 2,194,520 Total $3,616,118 A transfer from GF to DS in the amount of$137,387.00 will be in March 2024. 8 Heritage Bay CDD 1 61 IA Bank Reconciliation Bank Account No. 9050 Valley National Bank GF(NEW) Statement No. 02-2024 Statement Date 2/29/2024 GIL Balance(LCY) 719,731.66 Statement Balance 720,289.85 GIL Balance 719,731.66 Outstanding Deposits 0.00 Positive Adjustments 0.00 Subtotal 720,289.85 Subtotal 719,731.66 Outstanding Checks 558.19 Negative Adjustments 0.00 Differences 0.00 Ending GIL Balance 719,731.66 Ending Balance 719,731.66 Difference 0.00 Posting Document Document Cleared Date Type No. Description Amount Amount Difference Outstanding Checks 2/22/2024 Payment 4239 COLLIER COUNTY TAX COLLECTOR 170.06 0.00 170.06 2/22/2024 Payment 4241 INNERSYNC,LTD 388.13 0.00 388.13 Total Outstanding Checks 558.19 558.19 9 161 lA 0 00 00 O O (0O p 7 D O O pO O O ci O O W co b N o E a O t00 to H .0 h N " CD t0 Q a s a a c‘j0 O O N N t. d ,0 ip d: 2 i D q r n a Y Y Y Y 0 d 0 d 0 d O 'O d V) t() 0 U tt) U N U ,- U ToU a; J_ CO S N f� I- 0 U 0 CA • 0 0 0 c0) 0 q co coTrco01 (co) 0 0 u) v) to u) u) U. H . 0 N o. v `u 3 I— 0/ Q ellO OCO C L d U v CI N C. y 0) LL U O. J J V 2 E F d m a 0 Co .- m il T c 2 F 7. el C 0 0 a < Z w W 0 z v z a N J J a O N _ m 2 J C N C 0 « Z G H H w U W 3 a z z a m > T N V u Q a H 0 W a Q d o > Q « O I 0 J J LL m N V d a s H 0W r y 0 0 coN F w c. E z z g o CLw � A 55 o . 4 H H JCO v d > a r o o Q F- d d m° m m N E cc 0 � _ 0 . 5 LL LL 0 < 0 co csi In W O CO u CO CO W > o o < c' o w o m N N o_ 0_ N N 0 a 0 0 CL ge J J 0 W H z z U I W W J W W 0 0 0 0 uo W y Z Z x Q a C.)M M H Ill LI Y Y Z O 0 < 5 00 O 0 0 1Y Z (zo O 7 7 W H H D 7 W G 0 0 0 ce z Z (0 V) 0 0 z d {L N N N N N y J M N 0 M N a N v N 0 a '0 0 0 10 MP 0 O O Q Wa a It It Y Y Y Y W° = 0 = o = o oz 0 = 0 0 0 U a . 1 61 lA RESOLUTION 2024-02 A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE HERITAGE BAY 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 Heritage Bay 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 Heritage Bay 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 HERITAGE BAY COMMUNITY DEVELOPMENT DISTRICT: Section 1. The Board is currently made up of the following individuals: Edwin Hubbard, F. Jack Arcurie, Vacant Seat, Stephen Bachenberg and Allen Soucie. Section 2. The term of office for each member of the Board is as follows: Supervisor Edwin Hubbard Seat 1 four year- expires 11/2024 Supervisor F. Jack Arcurie Seat 2 four year—expires 11/2024 Vacant Seat 3 four year—expires 11/2024 Steven Bachenberg Seat 4 four year—expires 11/2026 Supervisor Allen Soucie Seat 5 four year—expires 11/2026 Section 3. Seat 1 currently held by Edwin Hubbard, Seat 2 currently held by F. Jack Arcurie, and Seat 3 which is currently vacant are scheduled for the General Election in November2024. 161 1A 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 2024 General Election is four years. Section 6. The new Board members shall assume office on the second Tuesday 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 21ST DAY OF MARCH 2024. ATTEST: HERITAGE BAY COMMUNITY DEVELOPMENT DISTRICT ---jis / Z`L Jus airclotl{ S tart' Chairperson r 161 1A HERITAGE BAY Community Development District Annual Operating and Debt service Budget Fiscal Year 2025 Preliminary Budget Prepared by: 6INFRAMARK t V111A5?RUCS Jkt MA'.AGtMt,I 3 t+tvtCIS HERITAGE BAY 161 A Community Development District Table of Contents Page# OPERATING BUDGET General Fund Summary of Revenues, Expenditures and Changes in Fund Balance ................................... 1 -2 Exhibit A-Allocation of Fund Balances ............................................................................ 3 DEBT SERVICE BUDGET Series 2018 Summary of Revenues, Expenditures and Changes in Fund Balances ................................... 4 AmortizationSchedule .................................................................................................. 5 SUPPORTING BUDGET SCHEDULES Non-Ad Valorem Assessment Summary ................................................................. 6 161 IA HERITAGE BAY Community Development District Operating Budget Fiscal Year 2025 161 IA HERITAGE BAY Community Development District General Fund Summary of Revenues, Expenditures and Changes in Fund Balances Fiscal Year 2025 Budget ADOPTED ACTUAL PROJECTED TOTAL ANNUAL ACTUAL ACTUAL BUDGET THRU MAR- PROJECTED %+/(-) BUDGET ACCOUNT DESCRIPTION FY 2022 FY 2023 FY 2024 2/29/2024 9/30/2024 FY 2024 Budget FY 2025 REVENUES Interest-Investments $ 3,228 $ 46,371 $ 51,001 $ 37,186 $ 13,815 $ 51,001 0% $ 44,282 Interest-Tax Collector 148 1,360 - 1,814 - 1,814 0% - Special Assmnts-Tax Collector 355,190 355,189 505,604 481,775 23,829 505,604 0% 504,604 Special Assmnts-Lakes 30A&30B 60,923 60,923 - - - - 0% - SpecialAssmnts-Reserves 31,250 31,250 31,250 29,777 1,473 31,250 0% 31,250 SpecialAssmnts-Discounts (16,667) (16,073) (21,474) (19,652) (1,822) (21,474) 0% (21,434) Other Miscellaneous Revenue 111,125 29,750 - - - 0% - TOTAL REVENUES 545,197 508,770 566,382 530,900 37,295 568,195 558,702 EXPENDITURES Administrative P/R-Board of Supervisors 7,000 5,000 9,000 1,400 7,600 9,000 0% 9,000 FICA Taxes 536 383 689 107 582 689 0% 689 ProfServ-Arbitrage Rebate - 600 - 600 600 0% 600 ProfServ-Dissemination Agent 1,500 1,500 1,500 - 1,500 1,500 0% 1,500 ProfServ-Engineering 21,635 4,692 12,000 1,113 10,887 12,000 0% 12,000 ProfServ-Legal Services 18,078 5,008 11,500 823 10,677 11,500 0% 11,500 ProfServ-Mgmt Consulting Sery 49,613 50,561 52,078 21,699 30,379 52,078 3% 53,640 ProfServ-Property Appraiser 29 4,591 8,053 8,271 - 8,271 3% 8,053 ProfServ-Special Assessment 7,002 7,212 7,428 7,212 216 7,428 0% 7,651 ProfServ-Trustee Fees 6,468 4,880 8,468 2,846 5,622 8,468 0% 8,468 ProfServ-Web Site Maintenance 1,167 1,202 1,238 516 722 1,238 3% 1,275 Auditing Services 4,900 5,000 5,000 2,500 2,500 5,000 0% 5,000 Website Compliance 1,553 1,553 1,553 776 777 1,553 0% 1,553 Postage and Freight 815 450 1,000 224 776 1,000 0% 1,000 Insurance-General Liability 7,749 7,849 9,419 8,936 483 9,419 0% 9,419 Printing and Binding 1,754 2,335 1,800 1,037 763 1,800 0% 1,800 Legal Advertising 1,351 4,610 2,000 306 1,694 2,000 0% 2,000 Misc-Bank Charges 88 31 100 - 100 100 0% 100 Misc-Assessmnt Collection Cost 5,395 3,963 10,737 11,428 - 11,428 6% 10,717 Misc-Web Hosting 103 2,499 1,500 - 1,500 1,500 0% 1,500 Office Supplies 450 - 100 - 100 100 0% 100 Annual District Filing Fee 175 175 175 175 - 175 0% 175 Total Administrative 137,361 113,494 145,938 69,369 77,478 146,847 147,740 Field ProfServ-Field Management 13,968 14,019 14,440 2,407 12,033 14,440 0% 4,958 R&M-Contingency - - 100 - 100 100 0% 100 Total Field 13,968 14,019 14,540 2,407 12,133 14,540 5,058 Annual Operating and Debt Service Budget Fiscal Year 2025 1 HERITAGE BAY t b 1 I n Community Development District General Fund Summary of Revenues, Expenditures and Changes in Fund Balances Fiscal Year 2025 Budget ADOPTED ACTUAL PROJECTED TOTAL ANNUAL ACTUAL ACTUAL BUDGET THRU MAR- PROJECTED %+/(-) BUDGET ACCOUNT DESCRIPTION FY 2022 FY 2023 FY 2024 2/29/2024 9/30/2024 FY 2024 Budget FY 2025 Lakes and Ponds Contracts-Lakes and Wetland - 97,200 71,200 28,000 43,200 71,200 0% 71,200 Contracts-Water Analysis - - 9,861 - 9,861 9,861 0% 9,861 Contracts-Water Quality Monitoring 25,380 24,509 20,905 2,820 18,085 20,905 0% 20,905 Contracts-Lakes 30A&30B 24,000 24,000 24,000 10,000 14,000 24,000 0% 24,000 Contracts-Sediment Testing - - 5,483 - 5,483 5,483 0% 5,483 Contracts-Lakes 1-29 67,200 - - - - - 0% - R&M-Aquascaping 2,470 3,766 4,175 - 4,175 4,175 0% 4,175 R&M-Stormwater System - - 4,000 - 4,000 4,000 0% 4,000 R&M-Lake Erosion 199,495 135,158 100,000 75 99,925 100,000 0% 100,000 R&M-Contingency 57,180 5,000 7,825 - 7,825 7,825 0% 7,825 Reserve-Lakes 109,400 - 140,000 - 140,000 140,000 0% 140,000 Reserve-Stormwater System - - 18,455 - 18,455 18,455 0% 18,455 Total Lakes and Ponds 485,125 289,633 405,904 40,895 365,009 405,904 0% 405,904 TOTAL EXPENDITURES 636,454 417,146 566,382 112,671 454,620 567,291 558,702 Excess(deficiency)of revenues Over(under)expenditures (91,257) 91,624 - 418,229 (417,325) 904 - Net change in fund balance (91,257) 91,624 - 855,190 (417,325) 904 - FUND BALANCE,BEGINNING 681,769 $ 590,512 855,190 855,190 - 855,190 856,094 FUND BALANCE,ENDING $ 590,512 $ 682,139 $ 855,190 $ 1,273,419 $ (417,325) $ 856,094 $ 856,094 Annual Operating and Debt Service Budget Fiscal Year 2025 2 i t 1A HERITAGE BAY Community Development District General Fund Exhibit"A" Allocation of Fund Balances AVAILABLE FUNDS Amount Beginning Fund Balance-Fiscal Year 2025 $ 856,094 Net Change in Fund Balance-Fiscal Year 2025 - Reserves-Fiscal Year 2025 Additions 158,455 Total Funds Available(Estimated)-9/30/2025 1,014,549 ALLOCATION OF AVAILABLE FUNDS Assigned Fund Balance Operating Reserve-First Quarter Operating Capital 100,062 11l Reserves-Erosion Control(Prior years) 14,687 (2) Reserves-Lakes(Prior Years) 190,475 (2) Reserves-Lakes FY 2024 140,000 Reserves-Lakes FY 2025 140,000 470,475 Reserves-Stormwater System(Prior Years) 58,675 (2) Reserves-Stormwater System FY 2024 18,455 Reserves-Stormwater System FY 2025 18,455 95,585 Total Allocation of Available Funds 680,809 Total Unassigned(undesignated)Cash $ 333,740 Notes (1)Represents approximately 3 months of operating expenditures. (2)Ties to motion to assign fund balance as of 9/30/2023. Annual Operating and Debt Service Budget Fiscal Year 2025 3 161 lA HERITAGE BAY Community Development District Debt Service Budget Fiscal Year 2025 HERITAGE BAY 1 61 1 A Community Development District Debt Service Summary of Revenues, Expenditures and Changes in Fund Balances Fiscal Year 2025 Budget ADOPTED ACTUAL PROJECTED TOTAL ANNUAL ACTUAL ACTUAL BUDGET THRU MAR- PROJECTED BUDGET ACCOUNT DESCRIPTION FY 2022 FY 2023 FY 2024 Feb-24 9/30/2024 FY 2024 FY 2025 REVENUES Interest-Investments $ 3,016 $ 47,860 $ 1,000 $ 18,825 $ 3,765 $ 22,590 $ - Special Assmnts-Tax Collector 1,689,156 1,689,155 1,689,155 1,609,547 79,608 1,689,155 1,689,155 Special Assmnts-Discounts (62,932) (60,692) (67,566) (61,834) (5,732) (67,566) (67,566) TOTAL REVENUES 1,629,240 1,676,323 1,622,589 1,566,538 77,641 1,644,179 1,621,589 EXPENDITURES Administrative ProfServ-Property Appraiser - - 25,337 - 25,337 25,337 25,337 Misc-Assessmnt Collection Cost 20,372 14,965 33,783 30,954 - 30,954 33,783 Total Administrative 20,372 14,965 59,120 30,954 25,337 56,291 59,120 Debt Service Principal Debt Retirement 1,055,000 1,085,000 1,115,000 - - - 1,140,000 Principal Prepayments 10,000 15,000 - 10,000 - 10,000 - Interest Expense 511,356 484,706 456,150 227,934 - 227,934 _ 426,444 Total Debt Service 1,576,356 1,584,706 1,571,150 237,934 - 237,934 1,566,444 TOTAL EXPENDITURES 1,596,728 1,599,671 1,630,270 268,888 25,337 294,225 1,625,564 Excess(deficiency)of revenues Over(under)expenditures 32,512 76,652 (7,681) 1,297,650 52,304 1,349,954 (3,975) OTHER FINANCING SOURCES(USES) Contribution to(Use of)Fund Balance - - (7,681) - - - (3,975) TOTAL OTHER SOURCES(USES) - - (7,681) - - - (3,975) Net change in fund balance 32,512 76,652 (7,681) 1,297,650 52,304 1,349,954 (3,975) FUND BALANCE,BEGINNING 925,093 957,604 1,034,256 1,034,256 - 1,034,256 2,384,210 FUND BALANCE,ENDING $ 957,605 $ 1,034,256 $ 1,026,575 $ 2,331,906 $ 52,304 $ 2,384,210 $ 2,380,234 Annual Operating and Debt Service Budget Fiscal Year 2025 4 HERITAGE BAY 161 IA Community Development District General Fund Heritage Bay Community Development District Capital Improvement Revenue Refunding Bonds,Series 2018A Debt Service Schedule(After 05/01/2023 Payment Date) Date Outstanding Par Principal Rate Interest Total Annual 11/1/2024 $ 13,535,000 2.63% $ 213,222 $ 213,221.88 5/1/2025 $ 13,535,000 $ 1,140,000 $ 213,222 $ 1,353,221.88 $ 1,566,444 11/1/2025 $ 12,395,000 2.75% $ 197,547 $ 197,546.88 5/1/2026 $ 12,395,000 $ 1,175,000 $ 197,547 $ 1,372,546.88 $ 1,570,094 11/1/2026 $ 11,220,000 3.00% $ 179,922 $ 179,921.88 5/1/2027 $ 11,220,000 $ 1,210,000 $ 179,922 $ 1,389,921.88 $ 1,569,844 11/1/2027 $ 10,010,000 3.00% $ 161,772 $ 161,771.88 5/1/2028 $ 10,010,000 $ 1,245,000 $ 161,772 $ 1,406,771.88 $ 1,568,544 11/1/2028 $ 8,765,000 3.00% $ 143,097 $ 143,096.88 5/1/2029 $ 8,765,000 $ 1,285,000 $ 143,097 $ 1,428,096.88 $ 1,571,194 11/1/2029 $ 7,480,000 3.00% $ 123,822 $ 123,821.88 5/1/2030 $ 7,480,000 $ 965,000 $ 123,822 $ 1,088,821.88 $ 1,212,644 11/1/2030 $ 6,515,000 3.13% $ 108,744 $ 108,743.75 5/1/2031 $ 6,515,000 $ 1,000,000 $ 108,744 $ 1,108,743.75 $ 1,217,488 11/1/2031 $ 5,515,000 3.25% $ 92,494 $ 92,493.75 5/1/2032 $ 5,515,000 $ 1,030,000 $ 92,494 $ 1,122,493.75 $ 1,214,988 11/1/2032 $ 4,485,000 3.25% $ 75,756 $ 75,756.25 5/1/2033 $ 4,485,000 $ 1,065,000 $ 75,756 $ 1,140,756.25 $ 1,216,513 11/1/2033 $ 3,420,000 3.25% $ 58,450 $ 58,450.00 5/1/2034 $ 3,420,000 $ 1,100,000 $ 58,450 $ 1,158,450.00 $ 1,216,900 11/1/2034 $ 2,320,000 3.38% $ 39,888 $ 39,887.50 5/1/2035 $ 2,320,000 $ 1,140,000 $ 39,888 $ 1,179,887.50 $ 1,219,775 11/1/2035 $ 1,180,000 3.38% $ 20,650 $ 20,650.00 5/1/2036 $ 1,180,000 $ 1,180,000 $ 20,650 $ 1,200,650.00 $ 1,221,300 $ 13,535,000 $ 2,830,725 $ 16,365,725 Annual Operating and Debt Service Budget Fiscal Year 2025 5 161 lA HERITAGE BAY Community Development District Supporting Budget Schedules Fiscal Year 2025 HERITAGE BAY I i 11iiA Community Development District General Fund Comparison of Assessment Rates Fiscal Year 2025 vs.Fiscal Year 2024 General Fund Series 2018 Debt Service Total Assessments per Unit Units FY 2025 FY 2024 Percent FY 2025 FY 2024 Percent FY 2025 FY 2024 Dollar Percent Product Change Change Change Change Executive $429 $429 0.00% $1,929 $1,929 0% $2,358 $2,358 $0 0% 139 Classics $429 $429 0.00% $3,050 $3,050 0% $3,480 $3,480 $0 0% 95 Classics II $429 $429 0.00% $3,295 $3,295 0% $3,724 $3,724 $0 0% 18 Coach $429 $429 0.00% $1,362 $1,362 0% $1,791 $1,791 $0 0% 184 2 Story $429 $429 0.00% $1,135 $1,135 0% $1,564 $1,564 $0 0% 364 4 Story $429 $429 0.00% $908 $908 0% $1,337 $1,337 $0 0% 450 1250 ASSESSMENT INCREASE ANALYSIS ASSESSMENT TREND ANALYSIS-GENERAL FUND I Assessment Increase $100,000 Per Unit Per Unit Per O&M% O&M$ Product Product Increase Increase FY2025 FY2024 FY2023 FY2022 FY2021 Executive $0 0% $0 $429 $429 $358 $358 $358 Classics $0 0% $0 $429 $429 $358 $358 $358 Classics II $0 0% $0 $429 $429 $358 $358 $358 Coach $0 0% $0 $429 $429 $358 $358 $358 2 Story $0 0% $0 $429 $429 $358 $358 $358 4 Story $0 0% $0 $429 $429 $358 $358 $358 Total $108,108 Collection costs included Annual Operating and Debt Service Budget Fiscal Year 2025 6 161 1A 6INFRAMARK INFRASTRUCTURE MANAGEMENT SERVICES HERITAGE BAY COMMUNITY DEVELOPMENT DISTRICT November 2, 2023 — CDD Meeting Board of Supervisors / Edwin Hubbard, Chairman /Justin Faircloth, District Manager / F. Jack Arcurie, Vice Chairman Gregory L. Urbancic, District Counsel ✓ Rick Phelps, Assistant Secretary ✓Albert Lopez, District Engineer— by phone ✓ Allen Soucie, Assistant Secretary ✓Jacob Whitlock, Assistant District Manager Vacant, Assistant Secretary Along with Anthony Mauri (by phone) and Bailey Hill with SOLitude. The next meeting is scheduled for Thursday, December 7, 2023 at 9:00 A.M. Action Items 1. CPH — Provide the pH levels that would be alarming as requested by Supervisor Soucie at the 11/2/23 meeting. 2. Recording — Notify Berger, Toombs, Gaines, & Frank as well as Grau &Associates of the ranking and subsequent selection of Grau & Associates to handle the FY2023 audit. Obtain an audit engagement letter with Grau &Associates for the FY2023 audit with two optional one year renewals. *Please note —the audit engagement letter must state that the firm will deliver the FY2023 audit in time to be included in the 5/2/24 agenda packet. 3. Assistant District Manager— Notify CSEI that the Board would like to have the planned FY2024 work completed in the March/April time frame. Additionally, please request a proposal to remove the rip rap on the southeast end of lake 4 and to add fill from Club, regrade, and add St. Augustine grass using the Club's tractor if needed as requested in the 11/3/23 text from the Chairman. 4. Supervisor Hubbard —Obtain pricing for lake 1 & lake 21 potential joint projects with the Club. 5. Recording — Readvertise the March meeting to be held on 3/21/23 as requested by the Board. 6. Recording — Push up the agenda packet deadline by one day. Therefore, the agenda packet will go out eight days prior to the meeting going forward still two day FedEx delivery. 7. Recording —Supervisor agenda packets will no longer be stapled copies, but spiral bound with blue covers going forward as requested by the Board. 8. Assistant District Manager— Notify CPH & SOLitude of the new agenda packet deadline and that we request items elven days prior to the meeting going forward. 9. Recording — Place Inframark Performance Review on the 3/21/23 agenda. 10. Finance— Provide the DM a summary of FY2023 charges of ProfServ-Mgmt Consulting (001 531027 51201 5000), ProfServ-Field Management (001 531016 53901 5000), & Contracts- Water Quality (001 534048 53917 5000) for possible FY2023 reclassifications or adjustments. 11. Assistant District Manager— Have FY2024 WQ proposal signed by Chairman and have CPH complete the work in September and March. 12. Assistant District Manager— Have CSEI complete the contract and FY2024 repairs to lakes 4, 6, 15, 19, & 20. 13. Assistant District Manager—Add the excel spreadsheet to the FMR as provided by the Chairman for future reports. 16I IA 14. Assistant District Manager— Schedule the February quarterly review with Supervisor Phelps & SOLitude. 15. Attorney — Provide update on any legislative changes for the Board once available. 16. Assistant District Manager/ SOLitude— Review littorals on the north side of the bridge on lake 5 and have additional littorals planted if necessary, once the high water recedes. 17. Assistant District Manager— Monitor lake 14 interconnects. 18. Assistant District Manager— Monitor lake 20 west bank mitigation area for littoral regrowth. 19. Assistant District Manager— Monitor Veranda Ill (two buildings northeast of lake 6) and Terrace Ill (two buildings lake 4 south end 10307 & 10313). 20. Assistant District Manager— Develop association map. 161 1A