Loading...
05/14/2024 Agenda Cedar Hammock Community Development District Board of Supervisors Quentin Greeley,Chairperson Justin Faircloth,District Manager Fred Bally,Vice Chairperson Sam Marshall,District Engineer Don Eliasek,Assistant Secretary Dan Cox,District Counsel John Martino,Assistant Secretary Domiano Passalacqua,Assistant Secretary Meeting Agenda Cedar Hammock Clubhouse 8660 Cedar Hammock Boulevard, Naples, Florida May 14,2024—2:00 p.m. TEAMs Meeting Link: Join the meeting now Meeting ID:288 821 244 551 Passcode:X4K27y Call in Meeting Number: 1-646-838-1601, Meeting ID: 595310964# 1. Roll Call 2. Approval of Agenda 3. Public Comments on Agenda Items 4. Public Hearing to Consider Adoption of the Fiscal Year 2025 Budget A. Open the Public Hearing for Public Comments B. Close the Public Hearing for Public Comments C. Consideration of Resolution 2024-04, Adoption of the Fiscal Year 2025 Budget D. Consideration of Resolution 2024-05, Levying of Assessments 5. Audit Committee Selection of Auditor A. Ranking of Audit Firm Proposals B. Authorization to Enter Into a Contract With the Selected Audit Firm 6. Club Updates A. Club Sidewalk Repairs Update B. Gatehouse Security Update 7. Old Business A. Driving Range Bulkhead Discussion 8. New Business A. Payroll Processing Memorandum of Understanding B. Accounts Payable Software Memorandum of Understanding District Office: Meeting Location: Inframark,Community Management Services Cedar Hammock Clubhouse 210 North University Dive,Suite 702 8660 Cedar Hammock Boulevard Coral Springs,FL.33071 Naples,Florida 34112 (954)603-0033 www.CedarHammockCDD.com Cedar Hammock CDD May 14, 2024 Agenda Page 2 9. Attorney's Report A. Consideration of Counsel for Consideration of Drainage/Stormwater Guidelines B. Update on Ethics Training Requirements 10. Engineer's Report A. Erosion Restoration Update i. Glase Golf Proposal B. SFWMD ERP Permit Transfer Update C. First Quarter 2024 Water Use Permit Compliance Report 11. Manager's Report A. Approval of the Minutes of the April 9, 2024 Meeting B. Acceptance of the March 2024 Financial Report C. 2024 General Election Information D. Report on Number of Registered Voters (606) E. Consideration of Fiscal Year 2025 Meeting Schedule F. Field Management Report G. Follow-Up Items i. Roadway Striping Update 12. Supervisors' Requests 13. Audience Comments 14. Adjournment The next meeting is scheduled to be held Tuesday, October 8,2024 at 2:00 p.m. District Office: Meeting Location: Inframark,Community Management Services Cedar Hammock Clubhouse 210 N.University Dive,Suite 702 8660 Cedar Hammock Boulevard Coral Springs,Florida 33071 Naples,Florida 34112 (954)603-0033 www.CedarHammockCDD.com 'Bat NelUS PART OF THE USA TODAY NETWORK Published Daily Naples, FL 34110 CEDAR HAMMOCK COMMUN ITY 210 N UNIVERSITY DR#702 Notice of Meetings CORAL SPRINGS, FL 33071-7320 Cedar Hammock Community Development District The Board of Supervisors of the Cedar Hammock Community Affidavit of Publication Development District will hold their meetings for Fiscal Year STATE OF WISCONSIN 2024 on the 2nd Tuesday of the month at the Cedar Hammock Clubhouse. 8660 Cedar Hammock Boulevard, Naples. Florida at COUNTY OF BROWN 2:00 p.m.on the following months: October 10,2023 Before the undersigned authority personally appeared,who November 14,2023 December 12,2023 on oath says that he or she is the Legal Coordinator of the February 13,2024 Naples Daily News,published in Collier County, Florida; March 12,2024-Tentative Budget Adoption April 9,2024 that the attached copy of advertisement, being a Public May 14,2024- Budget Public Hearing Notices,was published on the publicly accessible website The meetings are open to the public and will be conducted in of Collier and Lee Counties, Florida,or in a newspaper by accordance with the provision of Florida Law for Community print in the issues of,on: Development Districts. Meetings may be continued to a date, time and location to be specified on the record at the meetings. There may be occasions when one or more Supervisors will par- Issue(s)dated:09/11/2023 par- ticipate via telephone In accordance with the provisions of the Americans with Disabilities Act, any person requiring special ac- commodations at these meetings because of a disability or phys- icals that the website or newspaper corn lies impairment should contact the District Management Corn- Affiant further says P pany, ►nframark. LLC at 954.603-0033 at least two (2) calendar with all legal requirements for publication in chapter 50, days prior to the date of the meetings. If you are hearing or speech impaired, please contact the Florida Relay Service at 7.1- Florida Statutes. 1 or(800)955.8771 (TTY)!(800)955.8770 (Voice) for aid in con- tacting the District Management Company. Each person who decides to appeal any action taken at these meetings is advised that person will need a record of the pro- ceedings and accordingly, the person may need to ensure a ver- Subscribed and sworn to before me,by the legal clerk,who batim record of the proceedings is made. including the testimo- is personally Known to me,on September 11,2023: ny and evidence upon which such appeal Is to be based. Justin Faircloth District Manager ADr6 1321081 September 11,2023 Notary Statesaf Cot Brown 0.15.a') My commission expires NANCY HEYRMAN Notary Public State of Wisconsin Publication Cost: $301.00 Ad No:0005821081 Customer No: 1304217 PO#: #of Affidavits 1 This is not an invoice * LocaliQ Florida PO Box 631744 Cincinnati,OH 45263-1244 GANNETT AFFIDAVIT OF PUBLICATION Cedar Hammock Community Inframark Inframark Cedar Hammock Community 210 N University DR#702 Coral Springs FL 33071-7320 STATE OF WISCONSIN,COUNTY OF BROWN Before the undersigned authority personally appeared,who on oath says that he or she is the Legal Advertising Representative of the Naples Daily News,a newspaper published in Collier County, Florida;that the attached copy of advertisement, being a Legal Ad in the matter of Public Notices,was published on the publicly accessible website of Collier and Lee Counties, Florida,or in a newspaper by print in the issues of, on: 04/25/2024 Affiant further says that the website or newspaper complies with all legal requirements for publication in chapter 50, Florida Statutes. Subscribed and sworn to before me, by the legal clerk,who is personally known to me,on 04/25/2024 Legs lcrk Notary.. tat r of Brown 5•/ •a 7 My commis. on expires Publication Cost: $474.32 Order No: 10050683 #of Copies: Customer No: 1125526 1 PO#: THIS IS NOT AN INVOICE! Please do nor use this form for payment remittance NANCY HEYRMAN I Notary Public State of Wisconsin Page 1 of 2 Cedar Hammock Community Development District NOTICE OF REGULAR BOARD MEETING AND NOTICE OF PUBLIC HEARINGS TO RECEIVE PUBLIC COMMENT ON THE FISCAL YEAR 202S PROPOSED FINAL BUDGET(S); TO CONSIDER THE IMPOSITION OF MAINTENANCE AND OPERA. TION SPECIAL ASSESSMENTS; ADOPTION OF AN ASSESSMENT ROLL; AND PROVIDING FOR THE LEVY, COLLECTION AND ENFORCEMENT OF THE SAME The Board of Supervisor[("Board") of the Cedar Hammock Community Development District ("District") will hold a regular meeting and conduct two Public Hearings on Tuesday,May 14,2024,at 2:00 p.m. at the Cedar Hammock Clubhouse, 8660 Cedar Hammock Boulevard, Naples,Florida 34112. The purpose of the first Public Hear. Ing Is to receive public comment and objections an the Fiscal Veor 2025 Proposed Final Budget. The first Public Hearing is being conducted pursuant to Chapter 190, Florida Statutes.The purpose of the second Public Hearing is to consider the imposition of special non-ad valorem assessments to fund the District's proposed Budget for Fiscal Year 2025 upon lands located within the District, to consider the adoption of on ASsessment Roll,end to provide for the levy. collection and enforcement at the special non. od valorem assessments.The Publk Hearings are being conducted pursuant to Chapters 190 and 197, Florida Statutes. The District may fund various facili- ties through the collection of certain rates, lees and charges, which are identified within the budget(s). A copy of the Proposed Final Budget, Preliminary Assessment Roll and/or the agenda for the meeting/Public Hearings may be obtained via e- mail from the Office of the District Manager,do Justin Faircloth,Infra- mark, iustin.fairclothsinframark.com, or by calling 1954) 603.0033, during normal business hours. In accor- dance with Section 189.016, Florida Statutes,the proposed budget will be Posted on die District's website http!//www.cedarhammockcdd.com at least two days before the Budget Public Hearing date. The Board will also consider any other business which may properly come before it. The meeting/Public Hearings are open to the public and will be conducted in accordance with the provisions of Florida law for Community Development Districts. There may be occasions when one or more Supervisors may partiClpate via Phone. Any inter- ested person can attend the meet. Mg/Public Hearings at the above location and be fully informed of the discussions taking place. The meet- ing/Public Hearings may be contin- ued to a dote.time and location to be specified on the record at the meetinn/Public Hearings without additional publication of notice. In accordance with the provisions of the Americans with Disabilities Act, any person requiring special accom- modations at this meeting/Public Hearings because of o disability or Physical Impairment should contact the District Manager's Office at least forty-eight (48) hours prior to the meeting/Public Hearings. If you are hearing or speech Impaired, please contact the Florida Relay Service by dialing 7-1-1,or 1-800-955- 8771 (TTY) / 1.800-955-8770 ;Voices, for aid in contacting the District Manager's Office. All affected property owners have the right to appear at these Public Hearings and file .vritten obiectiMis within twenty (20) days of the date of this Notice at the Office of the District Manager, Inframark, 210 North University Drive, Suite 702, Coral Springs, Florida 33071, Atten- tion:Justin Faircloth Each Person who decides to appeal any decision made by the Board with respect to any matter consid- ered at the meeting/Public Hearings Is advised that person will need a record of the proceedings and that accordingly,the person may need to ensure that a verbatim record of the Proceedings is mode. including the testirnonY and evidence upon which such appeal Is to be based. Justin Faircloth District Manager April 25,2024 * LocaliQ Florida PO Box 631244 Cincinnati,OH 45263-1244 GANNETT AFFIDAVIT OF PUBLICATION Cedar Hammock Community Inframark Inframark Cedar Hammock Community 210 N University DR#702 Coral Springs FL 33071-7320 STATE OF WISCONSIN,COUNTY OF BROWN Before the undersigned authority personally appeared,who on oath says that he or she is the Legal Advertising Representative of the Naples Daily News,a newspaper published in Collier County, Florida;that the attached copy of advertisement, being a Legal Ad in the matter of Classified Legal CLEGL,was published on the publicly accessible website of Collier and Lee Counties, Florida, or in a newspaper by print in the issues of,on: 04/18/2024 Affiant further says that the website or newspaper complies with all legal requirements for publication in chapter 50, Florida Statutes. Subscribed and sworn to before me, by the legal clerk,who is personally known to me, on 04/18/2024 Leg,eval(AA Notary., tat• , ou 'Brown 0-15:9-2 My cunni..um expires Publication Cost: $1413.20 Order No: 10057028 #of Copies: Customer No: 1125526 1 PO#: THIS IS NOT AN INVOICE! Please do not use this form for payment remittance NANCY HEYRMAN Notary Public State of Wisconsin Page 1 of 2 CEDAR HAMMOCK COMMUNITY website (w:::.,og rtiar trocKkcdd_corn) at least two DEVELOPMENT DISTRICT (2)days before the Budget Public Hearings date. NOTICE OF AUDIT COMMITTEE MEETING, The Board will also consider any other business NOTICE OF REGULAR MEETING AND NOTICE which may properly come before it at the regular OF PUBLIC HEARINGS TO RECEIVE PUBLIC meeting.The Public Hearings and meetings are open COMMENT ON THE FISCAL YEAR 2025 to the public and will be conducted in accordance PROPOSED FINAL BUDGET(S)AND TO with the provisions of Florida Law for Community CONSIDER THE IMPOSITION OF ANNUAL Development Districts. The Public Hearings and/ MAINTENANCE AND OPERATION SPECIAL or meetings may be continued to a date, time and ASSESSMENTS;NOTICE OF ADOPTION OF location to be specified on the record at the Public AN ASSESSMENT ROLL AND PROVIDING Hearings or meetings without additional publication of notice FOR THE LEVY,COLLECTION,AND . ENFORCEMENT OF THE SAME There may be occasions when one or more Supervisors will participate via phone.In accordance Notice is hereby given that the Audit with the provision of the Americans with Disabilities Committee of the Cedar Hammock Community Act, any person requiring special accommodations Development District("District")will hold a meeting at the Public Hearings or meetings because of a on Tuesday, May 14, 2024, at 2:00 p.m. at the disability or physical impairment should contact the Cedar Hammock Clubhouse, located at 8660 Cedar District Management Company, Inframark, at (954) Hammock Boulevard,Naples, Florida 34112,to rank 603-0033 at least forty-eight(48)hours prior to the the proposals received to perform the District's Audit Public Hearings or meetings. If you are hearing or for the Fiscal Year ending September 30,2024,with speech impaired, please contact the Florida Relay a request for four additional annual renewals, as Service by dialing 7-1-1, or 1-800-955-8771 (11Y) previously advertised in accordance with Florida law. / 1-800-955-8770 (Voice),for aid in contacting the The District's Board of Supervisors will also District Manager's Office. hold a Regular Meeting and Public Hearings on Each person who decides to appeal any Tuesday, May 14, 2024, immediately following the decision made by the Board with respect to any matter Audit Committee Meeting at the same location.The considered at the Public Hearings or meetings is purpose of the first Public Hearing is to receive public advised that person will need a record of proceedings comment and objections on the Fiscal Year 2025 and that accordingly,the person may need to ensure Proposed Final Budget. The first Public Hearing is that a verbatim record of the proceedings is made, being conducted pursuant to Chapter 190, Florida including the testimony and evidence upon which Statutes.The purpose of the second Public Hearing is such appeal is to be based. to consider the imposition of special non-ad valorem assessments to fund the District's proposed Budget for Fiscal Year 2025 upon lands located within the Justin Faircloth District,a depiction of which lands is shown below; District Manager to consider the adoption of an Assessment Roll;and to provide for the levy,collection and enforcement of the special non-ad valorem assessments.The Public •=.. --_.._..,,_ •—•— Hearings are being conducted pursuant to Chapters 190 and 197,Florida Statutes. ma,-„-- 1 The District may also fund various facilities ,> through the collection of certain rates, fees and f 1. charges, which are identified within the Budget(s). Y, A copy of the Proposed Final Budget, Preliminary .. Assessment Roll and the agendas for the Public -.,. liI Hearings and meetings may be obtained at the Office 4 •-1,',,,• il a.,r. r. of the District Management Company, Inframark, .. ; 1 located at 210 North University Drive, Suite 702, /i jj (hat j-- - i : �r' Coral Springs, Florida 33071,(954)603-0033; or by 17 t .� S t i ti contacting the District Manager at.hi n.l alnaolir > (I :1 ,t t� ; intr,1mark n om, or visiting the District's website at R.��.lero-§ ) �,,. www.cedarhammockcdd.com. *yy, ^ --1 :- �;•1 The special non-ad valorem assessments are a1 :', �.�. _ > R'' j, annually recurring special assessments and are in r f �* „ a'. r' addition to any previously levied debt assessments. ., • ;_,:r , �` $.:•,: The table below presents the proposed schedule of non-ad valorem assessments. Amounts are BANKS_YATT._ �� preliminary and subject to change at the Public "°",'«!"6 ==`- - _„r—t-1-1 r1--1-`T , Hearings and in any future year. The amounts are subject to early payment discount as afforded by law. The Collier County tax collector will collect Assessment Summary the non-ad valorem assessments for certain lots and Fiscal Year 2025 us.Fiscal Year 2024 parcels within the District. AssrssMrnt Au.ucnnoS 1 Failure to pay the non-ad valorem assessments will cause a tax certificate to be issued against the General runty Units which mayresult in a loss of title.All affected Product FY 2025 FY 2024 Percent property rn;mp property owners have the right to appear at the Public ,,,,,r,;.,,,,a. 6s9 i1 s 559 za n asi 65 Hearings and the right to file written objections with the District within twenty(20) days of publication of 2Sluty $ 65911 $ 5592r ryes=. 228 this notice. 4Story $ 65911 S 55926 1785'o 330 In accordance with Section 189.016, ES., miter s 65911 $ s 5s zr I7 A 176 the Proposed Budget will be posted on the District's 799 * LocaliQ Florida PO Box 631244 Cincinnati,OH 45263-1244 GANNETT for osals for AFFIDAVIT OF PUBLICATION Request AuditSery Services for Annual Cedar Hammock Community Cedar Hammock Community Inframark Development District The Cedar Hammock Community Inframark Development District hereby Cedar Hammock Community requests proposals for annual finan- cial auditing services. The proposal 210 N University DR#702 must provide for the auditing of the Coral Springs FL 33071-7320 District's financial records for the Fiscal Year ending September 30, 2024, with an option for four addi- tional annual renewals. The District STATE OF WISCONSIN,COUNTY OF BROWN is a local unit of special-purpose government created under Chapter 190, Florida Statutes, for the Before the undersigned authority personally appeared,who anfin u constructing andd pose maintt ainningg public infrasiruc- on oath says that he or she is the Legal Advertising ture. The District is located in Collier County and is approximately Representative of the Naples Daily News,a newspaper 417 acres in area. The District has published in Collier Count Florida;that the attached copyan annualt operating0 budget of Y, approximately$450,000. of advertisement, being a Legal Ad in the matter of Public The Auditing entity submitting a proposal must be duly licensed Notices,was published on the publicly accessible website of under Chapter 473, Florida Statutes, and be qualified to conduct audits in Collier and Lee Counties, Florida, or in a newspaper by print accordance with "Government Auditing Standards," as adopted by in the issues of, on: the Florida Board of Accountancy. Audits shall be conducted In accor- dance with Florida Law and Particu- 04/18/2024 larly Section 218.39, Florida Statutes,and the rules of the Florida Auditor General, The firm must Affiant further says that the website or newspaper complies office whethre thed 1., fLtw recok rdst are e with all legal requirements for publication in chapter 50, maintained. Proposal packages, which Include Florida Statutes. evaluation criteria and instructions Subscribed and sworn to before me b the le al clerk,who to proposers are available from the Y g Office of the District Manager at is personally known to me,on 04/18/2024 Janice.Swade@lnframark.com or Nadine.Blake@Inframark.com. Electronic proposals must be received no later than 11:00 a.m. on Thursday, May 2, 2024 by the Office of the District Manager, Inframark, Legal ' it Attention: Nadine Blake/Janice Swade. Please direct all questions regarding this Notice to the Office of the District Manager. 'otaty,State . aunt Brawn Cedar Hammock Community Devel- opment District Justin Faircloth, District Manager My commis.'In expires April 18,2024 Publication Cost: $219.52 Order No: 10050654 #of Copies Customer No: 1125526 1 PO#: TIIIS IS NOT AN INVOICE! Please do not use this form for payment remittance NANCY HEYRMAN Notary Public State of Wisconsin Page 1 of 1 Cedar Hammock Community Development District Annual Operating and Debt Service Budget Fiscal Year 2025 Modified Tentative Budget (printed 5/3/24) Prepared by: 6INFRAMARK 1%.* •.„',tt W+4AGUACHi SCwitCS Cedar Hammock Community Development District Table of Contents Page# OPERATING BUDGET General Fund Summary of Revenues, Expenditures and Changes in Fund Balances ................................... 1-2 Exhibit A-Allocation of Fund Balances ............................................................................ 3 BudgetNarrative ......................................................................................................... 4-7 SUPPORTING BUDGET SCHEDULES Non-Ad Valorem Assessment Summary 8 Cedar Hammock Community Development District Operating Budget Fiscal Year 2025 Cedar Hammock Community Development District General Fund Summary of Revenues, Expenditures and Changes in Fund Balances Fiscal Year 2025 Budget ADOPTED ACTUAL PROJECTED TOTAL ANNUAL BUDGET THRU April- PROJECTED BUDGET ACCOUNT DESCRIPTION FY 2024 3/31/24 9/30/2024 FY 2024 FY 2025 REVENUES Interest- Investments $ 24,577 $ 31,376 $ - $ 31,376 $ 24,577 Interest-Tax Collector - 360 - 360 - Special Assmnts-Tax Collector 446,845 427,121 19,724 446,845 526,632 Special Assmnts-Discounts (17,874) (16,256) (1,618) (17,874) (21,065) Other Miscellaneous Revenues - 4,590 - 4,590 - TOTAL REVENUES $ 453,548 $ 447,191 $ 18,106 $ 465,297 $ 530,143 EXPENDITURES Administrative ProfServ-Engineering $ 5,000 $ 9,613 $ - $ 9,613 $ 5,000 ProfServ-Legal Services 2,500 175 2,325 2,500 2,500 ProfServ-Mgmt Consulting 44,521 22,260 22,261 44,521 45,856 ProfServ-Property Appraiser 6,103 1,575 4,528 6,103 6,103 ProfServ-Special Assessment 3,411 3,311 100 3,411 3,513 ProfServ-Web Site Maintenance 761 406 355 761 784 Auditing Services 5,000 - 5,000 5,000 5,000 Postage and Freight 900 159 741 900 927 Insurance-General Liability 8,029 8,303 - 8,303 8,270 Printing and Binding 600 135 465 600 618 Legal Advertising 2,575 301 2,274 2,575 2,575 Misc-Bank Charges 100 - 100 100 100 Misc-Assessment Collection Cost 8,937 8,217 720 8,937 10,533 Misc-Contingency - - - - (1,874) Misc-Web Hosting - - - - 2,000 Office Supplies 100 - 100 100 100 Annual District Filing Fee 175 175 - 175 175 Total Administrative $ 88,712 $ 54,630 $ 38,969 $ 93,599 $ 92,180 Annual Operating and Debt Service Budget 1 Cedar Hammock Community Development District General Fund Summary of Revenues, Expenditures and Changes in Fund Balances Fiscal Year 2025 Budget ADOPTED ACTUAL PROJECTED TOTAL ANNUAL BUDGET THRU April- PROJECTED BUDGET ACCOUNT DESCRIPTION FY 2024 3/31/24 9/30/2024 FY 2024 FY 2025 Field ProfServ-Field Management $ 1,785 $ 893 $ 892 $ 1,785 1,839 Management Services 2,500 - 2,500 2,500 2,575 Contracts-Water Mgmt Services 7,200 3,600 3,600 7,200 7,200 Utility-Cameras 1,000 - 1,000 1,000 1,000 Electricity-Wells 5,000 4,240 760 5,000 5,000 Electricity-Aerator 4,000 1,609 2,391 4,000 4,000 R&M-Lake 3,000 36,217 - 36,217 3,000 R&M-Roads 20,000 15,880 4,120 20,000 20,000 R&M-Plant Replacement 500 - 500 500 500 R&M Bulkheads 5,000 875 4,125 5,000 5,000 R&M-Bridges&Cart Paths 5,000 - 5,000 5,000 5,000 Misc-Contingency 38,745 55,804 - 55,804 38,745 Capital Outlay 40,000 4,068 35,932 40,000 40,000 Reserve-Bulkheads - - - - 26,000 Reserves-Irrigation System 153,272 - - - 152,272 Reserve-Lakes 52,917 - - - 77,917 Reserve Roadways 22,917 110,561 - 110,561 47,917 Total Field $ 362,836 $ 233,747 $ 60,820 $ 294,567 $ 437,963 TOTAL EXPENDITURES $ 451,547 $ 288,377 $ 99,789 $ 388,166 $ 530,143 Excess (deficiency) of revenues $ 2,000 $ 158,814 $ (81,683) $ 77,131 $ - Net change in fund balance $ 2,000 $ 158,814 $ (81,683) $ 77,131 $ - FUND BALANCE, BEGINNING $ 1,006,641 $1,006,641 $ 1,165,455 $ 1,006,641 $ 1,083,772 FUND BALANCE, ENDING $ 1,006,641 $1,165,455 $ 1,083,772 $ 1,083,772 $ 1,083,772 Annual Operating and Debt Service Budget 2 General Fund Exhibit"A" Allocation of Fund Balances AVAILABLE FUNDS Amount Beginning Fund Balance-Fiscal Year 2025 $ 1,083,772 Net Change in Fund Balance-Fiscal Year 2025 - Reserves-Fiscal Year 2025 Additions 278,105 Total Funds Available(Estimated)-FY 2025 1,361,877 ALLOCATION OF AVAILABLE FUNDS Assigned Fund Balance Operating Reserve-First Quarter Operating Capital 63,010 11l Reserves-Bridges(Prior Year) 29,950 (2) Reserves-Bulkhead(Prior Year) 29,950 (2) Reserves-Bulkhead FY 2025 26,000 55,950 Reserves-Irrigation(Prior Year) 153,860 (2) Reserves-Irrigation FY 2024 153,272 (3) Reserves-Irrigation FY 2025 152,272 459,404 Reserves-Lakes (Prior Year) 32,700 Reserves-Lakes FY 2024 52,917 (3) Reserves-Lakes FY 2025 77,917 163,533 Reserves-Roadways(Prior Year) 185,000 (2) Reserves-Roadways FY 2024 22,917 (3) Reserves-Roadways FY 2024 Spending (110,561) Reserves-Roadways FY 2025 47,917 145,272 Total Allocation of Available Funds 917,118 Total Unassigned(undesignated)Cash $ 444,759 Notes (1)Represents approximately 3 months of operating expenditures. (2)Ties to Motion to assign fund balance as of 09.30.23. (3)Ties to Adopted Budget FY24. 3 CEDAR HAMMOCK Community Development District General Fund Budget Narrative Fiscal Year 2025 REVENUES Interest Investments The District earns interest on the monthly average collected balance for their operating accounts, money market accounts and certificates of deposits. Special Assessments-Tax Collector The District will levy a Non-Ad Valorem assessment on all sold and platted parcels within the District in order to pay for the operating expenditures during the Fiscal Year. Special Assessments-Discounts Per Section 197.162, Florida Statutes, discounts are allowed for early payment of assessments. The budgeted amount for the fiscal year is calculated at 4% of the anticipated Non-Ad Valorem assessments. EXPENDITURES Administrative Prof Service-Engineering The District's engineer will be providing general engineering services to the District, i.e., attendance and preparation for monthly board meetings, review invoices, etc. Prof Service-Legal Services The District's legal counsel will be providing general legal services to the District, i.e., attendance & preparation for monthly meetings, review operating& maintenance contracts,etc. Prof Service-Management Consulting The District receives Management, Accounting and Administrative services as part of a Management Agreement with Inframark Infrastructure Management Services. These services are further outlined in Exhibit "A" of the Management Agreement. Prof Service-Property Appraiser The Property Appraiser provides the District with a listing of the legal description of each property parcel within the District boundaries, and the names and addresses of the owners of such property. The District reimburses the Property Appraiser for necessary administrative costs incurred to provide this service. Per the Florida Statutes, administrative costs shall include, but not be limited to,those costs associated with personnel,forms, supplies, data processing, computer equipment, postage, and programming. The budget for property appraiser costs was based on 1.5%of gross assessments. Annual Operating Budget Fiscal Year 2025 4 CEDAR HAMMOCK Community Development District General Fund Budget Narrative Fiscal Year 2025 EXPENDITURES Administrative(cont'd) Prof Service-Special Assessment The District's Collection Agent will be providing financials services which include the collection of prepaid assessments, maintenance of District's assessment roll and levying the annual operating and maintenance assessments. Prof Service—Web Site Maintenance Inframark Infrastructure Management Services oversees the District's email accounts and provides assistance to Campus Suite regarding the website, as necessary,as well as ADA Compliance Fees. Auditing Services The District is required annually to conduct an audit of its financial records by an Independent Certified Public Accounting Firm. Postage and Freight Mailing of agenda packages, overnight deliveries,correspondence,etc. Insurance-General Liability The District's General Liability & Public Officials Liability Insurance policy is with The Florida League of Cities, Inc. The Florida League of Cities, Inc. specializes in providing insurance coverage to governmental agencies. Printing&Binding Printing and Binding agenda packages for board meetings, printing of computerized checks, stationary, envelopes etc. Legal Advertising The District is required to advertise various notices for monthly Board meetings, public hearings, etc. in a newspaper of general circulation. Misc-Bank Charges Bank fees that may be incurred during the year. Misc-Assessment Collection Costs The District reimburses the Tax Collector for necessary administrative costs. Per the Florida Statutes, administrative costs shall include, but not be limited to, those costs associated with personnel, forms, supplies, data processing, computer equipment, postage, and programming. The District also compensates the Tax Collector for the actual cost of collection or 2% on the amount of special assessments collected and remitted, whichever is greater. The budget for collection costs was based on a maximum of 2%of the anticipated assessment collections. Annual Operating Budget Fiscal Year 2025 5 CEDAR HAMMOCK Community Development District General Fund Budget Narrative Fiscal Year 2025 EXPENDITURES Administrative(cont'd) Misc—Web Hosting The District incurs expenses to maintain and renew their website domain and email accounts. Office Supplies Miscellaneous office supplies required for the preparation of agenda packages. Annual District Filing Fee The District is required to pay an annual fee of$175 to the Dept of Economic Opportunity Div. Field Services Prof Service—Field Management Inframark Infrastructure Management Services inspects the District's assets and provides two reports per year. Management Services Project Management Expenses incurred from the field manager for the bulkhead/bridges restoration project. Contracts—Water Mgmt Services Professional services for environmental permit compliance related to the water use permit. Utility—Cameras Costs associated with the District's gate cameras. Electricity-Wells FPL provides electrical services for the District's pumps at the following addresses: • 8684 Cedar Hammock Circle-Well#4 Meter KL35128 • 3639 Cedar Hammock Court—Well#6 Meter ACD4996 Electricity-Aerators FPL provides electrical services for the District's pumps at the following addresses: • 3826 Wax Myrtle Run—Meter ACD4234 • 8892 Cedar Hammock Blvd—Meter ACD4976 • 3766 Buttonwood Way—Meter ACD8387 Annual Operating Budget Fiscal Year 2025 6 CEDAR HAMMOCK Community Development District General Fund Budget Narrative Fiscal Year 2025 EXPENDITURES Administrative(cont'd) R&M-Lake Repair and maintenance expenses related to lakes including washout repairs and erosion. R&M—Roads Repair and maintenance expenses related to roads. R&M—Plant Replacement Replace landscape plantings at pumps. R&M—Bulkheads Repair and maintenance expenses related to bulkheads. R&M—Bridges Repair and maintenance expenses related to the bridges. Misc-Contingency Any current year Field expenditure that may not have been provided for in the budget. Capital Outlay Funds set aside for future Capital projects. Reserves: Reserve-Irrigation Funds to be set aside for future bridge expenditures as determined by the BOS. Reserve-Lakes Funds to be set aside for future lake expenditures as determined by the BOS. Reserve-Roadways Funds to be set aside for future roadway expenditures as determined by the BOS. Annual Operating Budget Fiscal Year 2025 7 Cedar Hammock Community Development District Supporting Budget Schedules Fiscal Year 2025 Cedar Hammock Community Development District All Funds Assessment Summary Fiscal Year 2025 vs. Fiscal Year 2024 ASSESSMENT ALLOCATION General Fund Units FY 2025 FY 2024 Percent Product Change Single Family $ 659.11 $ 559.26 17.85% 65 2 Story $ 659.11 $ 559.26 17.85% 228 4 Story $ 659.11 $ 559.26 17.85% 330 Duplex $ 659.11 $ 559.26 17.85% 176 799 Annual Operating and Debt Service Budget 8 RESOLUTION 2024-04 A RESOLUTION OF THE CEDAR HAMMOCK COMMUNITY DEVELOPMENT DISTRICT RELATING TO THE ANNUAL APPROPRIATIONS OF THE DISTRICT AND ADOPTING THE BUDGET FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2024 AND ENDING SEPTEMBER 30, 2025, AND REFERENCING THE MAINTENANCE AND BENEFIT SPECIAL ASSESSMENTS TO BE LEVIED BY THE DISTRICT FOR SAID FISCAL YEAR WHEREAS, pursuant to the provisions of Section 190.008(2)(a), Florida Statutes, the District Manager has submitted to the Board of Supervisors (the "Board") a proposed budget for the next ensuing budget year along with an explanation and a complete financial plan for each fund of the District, prior to the fifteenth(15th)day in June 2024; and WHEREAS, at least sixty (60) days prior to the adoption of the proposed annual budget and any proposed long-term financial plan or program of the District for future operations (the "Proposed Budget") the District did file a copy of the Proposed Budget with the general purpose local governing authorities having jurisdiction over the area included in the District pursuant to the provisions of Section 190.008(2)(b),Florida Statutes;and WHEREAS, on March 12, 2024, the Board set May 14, 2024 as the date for a Public Hearing thereon and caused notice of such Public Hearing to be given by publication pursuant to Section 190.008(2)(a)Florida Statutes;and WHEREAS, Section 190.008(2)(a), Florida Statutes requires that,prior to October 1 of each year, the District Board by passage of the Annual Appropriation Resolution shall adopt a budget for the ensuing Fiscal Year and appropriate such sums of money as the Board deems necessary to defray all expenditures of the District during the ensuing Fiscal Year; and WHEREAS, the District Manager has prepared a Proposed Budget on a Cash Flow Budget basis, whereby the budget shall project the cash receipts and disbursements anticipated during a given time period, including reserves for contingencies for emergency or other unanticipated expenditures during the Fiscal Year; and WHEREAS, Section 190.021, Florida Statutes provides that the Annual Appropriation Resolution shall also fix the Maintenance Special Assessments and Benefit Special Assessments upon each piece of property within the boundaries of the District benefited, specifically and peculiarly, by the maintenance and/or capital improvement programs of the District, such levy representing the amount of District assessments necessary to provide for payment during the ensuing budget year of all properly authorized expenditures to be incurred by the District, including principal and interest of special revenue, capital improvement and/or benefit assessment bonds, in order for the District to exercise its various general and special powers to implement its single and specialized infrastructure provision purpose;and WHEREAS, the Board of Supervisors of the Cedar Hammock Community Development District finds and determines that the non-ad valorem special assessments it imposes and levies on the parcels of property by this Resolution for the operations of the District and the maintenance of its facilities will constitute a mechanism by which the property owners lawfully and validly will reimburse the District for those certain special and peculiar benefits the District has determined are received by, and flow to, the 1 parcels of property from the systems, facilities and services being provided, and that the special and peculiar benefits are apportioned in a manner that is fair and reasonable in accordance with applicable assessment methodology and related case law; and WHEREAS, the Chair of the Board of Supervisors may designate the District Manager or other person to certify the non-ad valorem assessment roll to the Tax Collector in and for Collier County political subdivision on compatible electronic medium tied to the property identification number no later than 15 September 2024 so that the Tax Collector may merge that roll with others into the collection roll from which the November tax notice is to be printed and mailed;and WHEREAS, the proceeds from the collections of these imposed and levied non-ad valorem assessments shall be paid to the Cedar Hammock Community Development District;and WHEREAS, the Tax Collector, under the direct supervision of the Florida Department of Revenue performs the state work in preparing, mailing out, collecting and enforcing against delinquency the non-ad valorem assessments of the District using the Uniform Collection Methodology for non-ad valorem assessments;and WHEREAS, if the Property Appraiser and the Tax Collector have adopted a different technological procedure for certifying and merging the rolls, then that procedure must be worked out and negotiated with Board approval through the auspices of the District Manager before there are any deviations from the provisions of Section 197.3632, Florida Statutes, and Rule 12D-18, Florida Administrative Code. NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE CEDAR HAMMOCK COMMUNITY DEVELOPMENT DISTRICT: Section 1. The provisions of the whereas clauses are true and correct and are incorporated herein as dispositive. Section 2. Budget a. That the Board of Supervisors has reviewed the District Manager's Proposed Budget, a copy of which is on file with the Office of the District Treasurer and the District's Records Office, and is hereby attached to this Resolution, and hereby approves the Proposed Budget subject to amendments made at the Public Hearing, if any. b. That the District Manager's Proposed Budget, as amended by the Board, is adopted hereby in accordance with the provisions of Section 190.008(2)(a), Florida Statutes and incorporated herein by reference; provided, however, that the comparative figures contained in the adopted budget may be revised subsequently as deemed necessary by the District Manager to reflect actual revenues and expenditures for the Fiscal Year 2024 and/or revised projections for Fiscal Year 2025. c. That the adopted budget, as amended, shall be maintained in the Office of the District Treasurer and the District's Records Office, and identified as "The Budget for the Cedar Hammock Community Development District for the Fiscal Year Ending September 30, 2025, as Adopted by the Board of Supervisors on May 14,2024." 2 Section 3. Appropriations That there be, and hereby is appropriated out of the revenues of the Cedar Hammock Community Development District, for the Fiscal Year beginning October 1, 2024, and ending September 30, 2025 the sum of Five Hundred Thirty Thousand One Hundred Forty Three dollars to be raised by the applicable imposition and levy by the Board of non-ad valorem special assessments and otherwise, which sum is deemed by the Board of Supervisors to be necessary to defray all expenditures of the District during said budget year,to be divided and appropriated in the following fashion: TOTAL GENERAL FUND $ 530,143 DEBT SERVICE FUND $0 Total All Funds $ 530,143 Section 4. Supplemental Appropriations The Board may authorize by Resolution supplemental appropriations or revenue changes for any lawful purpose from funds on hand or estimated to be received within the Fiscal Year as follows: a. Board may authorize a transfer of the unexpended balance or portion thereof of any appropriation item. b. Board may authorize an appropriation from the unappropriated balance of any fund. c. Board may increase any revenue or income budget account to reflect receipt of any additional unbudgeted monies and make the corresponding change to appropriations or the unappropriated balance. The District Manager and Treasurer shall have the power within a given fund to authorize the transfer of any unexpended balance of any appropriation item or any portion thereof, provided such transfers do not exceed Ten Thousand Dollars ($10,000) or have the effect of causing more than 10% of the total appropriation of a given program or project to be transferred previously approved transfers included. Such transfer shall not have the effect of causing a more than $10,000 or 10% increase, previously approved transfers included, to the original budget appropriation for the receiving program. Transfers within a program or project may be approved by the applicable Department Director and the District Manager or Treasurer. The District Manager or Treasurer must establish administrative procedures, which require information on the request forms proving that such transfer requests comply with this section. Section 5. Maintenance and Benefit Special Assessment Levy: Fixed and Referenced and to be Levied by the Board a. That the Fiscal Year 2025 Maintenance and Benefit Special Assessment Levies (the "assessment levy") for the assessment upon all the property within the boundaries of the District based upon the special and peculiar benefit received and further based upon reasonable and fair apportionment of the special benefit, shall be in accordance with the attached Exhibit A, which levy represents the amount of District assessments necessary to provide for payment during the aforementioned budget year of all properly authorized expenditures to be incurred by the District, including principal and interest of special revenue, capital improvement and/or benefit assessment bonds. Said assessment levy shall be distributed as follows: 3 General Fund 0&M $ (See Assessment Levy Resolution 2024-051 Debt Service Fund $ (See Assessment Levy Resolution 2024-051 b. The designee of the Chair of the Board of Supervisors of the Cedar Hammock Community Development District shall be the Manager or the Treasurer of the District designated to certify the non-ad valorem assessment roll to the Tax Collector in and for the Collier County political subdivision, in accordance with applicable provisions of State law (Chapters 170, 190 and 197, Florida Statutes) and applicable Rules (Rule 12D-18, Florida Administrative Code) which shall include not only the maintenance special assessment levy but also the total for the debt service levy,as required by and pursuant to law. Introduced.considered favorably,and adopted this 14th day of May,2024. Cedar Hammock Community Development District A.e14/641. Quentin Greeley Chairperson Attest: Ju Fairc141i rotary 4 Cedar Hammock Community Development District Annual Operating and Debt Service Budget Fiscal Year 2025 Adopted Budget (5/14/24) Prepared by: I N FRAMARK i4IR4StR. T VRt MA V.4GINttIT StuvictS Cedar Hammock Community Development District Table of Contents Page# OPERATING BUDGET General Fund Summary of Revenues, Expenditures and Changes in Fund Balances ................................... 1-2 Exhibit A-Allocation of Fund Balances ............................................................................ 3 BudgetNarrative ......................................................................................................... 4-7 SUPPORTING BUDGET SCHEDULES Non-Ad Valorem Assessment Summary ................................................................. 8 Cedar Hammock Community Development District Operating Budget Fiscal Year 2025 Cedar Hammock Community Development District General Fund Summary of Revenues, Expenditures and Changes in Fund Balances Fiscal Year 2025 Budget ADOPTED ACTUAL PROJECTED TOTAL ANNUAL BUDGET THRU April- PROJECTED BUDGET ACCOUNT DESCRIPTION FY 2024 3/31/24 9/30/2024 FY 2024 FY 2025 REVENUES Interest-Investments $ 24,577 $ 31,376 $ - $ 31,376 $ 24,577 Interest-Tax Collector - 360 - 360 - Special Assmnts-Tax Collector 446,845 427,121 19,724 446,845 526,632 Special Assmnts-Discounts (17,874) (16,256) (1,618) (17,874) (21,065) Other Miscellaneous Revenues - 4,590 - 4,590 - TOTAL REVENUES $ 453,548 $ 447,191 $ 18,106 $ 465,297 $ 530,143 EXPENDITURES Administrative ProfServ-Engineering $ 5,000 $ 9,613 $ - $ 9,613 $ 5,000 ProfServ-Legal Services 2,500 175 2,325 2,500 2,500 ProfServ-Mgmt Consulting 44,521 22,260 22,261 44,521 45,856 ProfServ-Property Appraiser 6,103 1,575 4,528 6,103 6,103 ProfServ-Special Assessment 3,411 3,311 100 3,411 3,513 ProfServ-Web Site Maintenance 761 406 355 761 784 Auditing Services 5,000 - 5,000 5,000 5,000 Postage and Freight 900 159 741 900 927 Insurance-General Liability 8,029 8,303 - 8,303 8,270 Printing and Binding 600 135 465 600 618 Legal Advertising 2,575 301 2,274 2,575 2,575 Misc-Bank Charges 100 - 100 100 100 Misc-Assessment Collection Cost 8,937 8,217 720 8,937 10,533 Misc-Contingency - - - - (1,874) Misc-Web Hosting - - - - 2,000 Office Supplies 100 - 100 100 100 Annual District Filing Fee 175 175 - 175 175 Total Administrative $ 88,712 $ 54,630 $ 38,969 $ 93,599 $ 92,180 Annual Operating and Debt Service Budget 1 Cedar Hammock Community Development District General Fund Summary of Revenues, Expenditures and Changes in Fund Balances Fiscal Year 2025 Budget ADOPTED ACTUAL PROJECTED TOTAL ANNUAL BUDGET THRU April- PROJECTED BUDGET ACCOUNT DESCRIPTION FY 2024 3/31/24 9/30/2024 FY 2024 FY 2025 Field ProfServ-Field Management $ 1,785 $ 893 $ 892 $ 1,785 1,839 Management Services 2,500 - 2,500 2,500 2,575 Contracts-Water Mgmt Services 7,200 3,600 3,600 7,200 7,200 Utility-Cameras 1,000 - 1,000 1,000 1,000 Electricity-Wells 5,000 4,240 760 5,000 5,000 Electricity-Aerator 4,000 1,609 2,391 4,000 4,000 R&M-Lake 3,000 36,217 - 36,217 3,000 R&M-Roads 20,000 15,880 4,120 20,000 20,000 R&M-Plant Replacement 500 - 500 500 500 R&M Bulkheads 5,000 875 4,125 5,000 5,000 R&M-Bridges&Cart Paths 5,000 - 5,000 5,000 5,000 Misc-Contingency 38,745 55,804 - 55,804 38,745 Capital Outlay 40,000 4,068 35,932 40,000 40,000 Reserve-Bulkheads - - - - 26,000 Reserves-Irrigation System 153,272 - - - 152,272 Reserve-Lakes 52,917 - - - 77,917 Reserve Roadways 22,917 110,561 - 110,561 47,917 Total Field $ 362,836 $ 233,747 $ 60,820 $ 294,567 $ 437,963 TOTAL EXPENDITURES $ 451,547 $ 288,377 $ 99,789 $ 388,166 $ 530,143 Excess (deficiency) of revenues $ 2,000 $ 158,814 $ (81,683) $ 77,131 $ - Net change in fund balance $ 2,000 $ 158,814 $ (81,683) $ 77,131 $ - FUND BALANCE, BEGINNING $ 1,006,641 $1,006,641 $ 1,165,455 $ 1,006,641 $ 1,083,772 FUND BALANCE, ENDING $ 1,006,641 $1,165,455 $ 1,083,772 $ 1,083,772 $ 1,083,772 Annual Operating and Debt Service Budget 2 General Fund Exhibit"A" Allocation of Fund Balances AVAILABLE FUNDS Amount Beginning Fund Balance-Fiscal Year 2025 $ 1,083,772 Net Change in Fund Balance-Fiscal Year 2025 - Reserves-Fiscal Year 2025 Additions 278,105 Total Funds Available(Estimated)-FY 2025 1,361,877 ALLOCATION OF AVAILABLE FUNDS Assigned Fund Balance Operating Reserve-First Quarter Operating Capital 63,010 (1) Reserves-Bridges(Prior Year) 29,950 (2) Reserves-Bulkhead(Prior Year) 29,950 (2) Reserves-Bulkhead FY 2025 26,000 55,950 Reserves-Irrigation(Prior Year) 153,860 (2) Reserves-Irrigation FY 2024 153,272 (3) Reserves-Irrigation FY 2025 152,272 459,404 Reserves-Lakes (Prior Year) 32,700 Reserves-Lakes FY 2024 52,917 (3) Reserves-Lakes FY 2025 77,917 163,533 Reserves-Roadways(Prior Year) 185,000 (2) Reserves-Roadways FY 2024 22,917 (3) Reserves-Roadways FY 2024 Spending (110,561) Reserves-Roadways FY 2025 47,917 145,272 Total Allocation of Available Funds 917,118 Total Unassigned(undesignated)Cash $ 444,759 Notes (1)Represents approximately 3 months of operating expenditures. (2)Ties to Motion to assign fund balance as of 09.30.23. (3)Ties to Adopted Budget FY24. 3 CEDAR HAMMOCK Community Development District General Fund Budget Narrative Fiscal Year 2025 REVENUES Interest Investments The District earns interest on the monthly average collected balance for their operating accounts, money market accounts and certificates of deposits. Special Assessments-Tax Collector The District will levy a Non-Ad Valorem assessment on all sold and platted parcels within the District in order to pay for the operating expenditures during the Fiscal Year. Special Assessments-Discounts Per Section 197.162, Florida Statutes, discounts are allowed for early payment of assessments. The budgeted amount for the fiscal year is calculated at 4% of the anticipated Non-Ad Valorem assessments. EXPENDITURES Administrative Prof Service-Engineering The District's engineer will be providing general engineering services to the District, i.e., attendance and preparation for monthly board meetings, review invoices, etc. Prof Service-Legal Services The District's legal counsel will be providing general legal services to the District, i.e., attendance & preparation for monthly meetings, review operating& maintenance contracts,etc. Prof Service-Management Consulting The District receives Management, Accounting and Administrative services as part of a Management Agreement with Inframark Infrastructure Management Services. These services are further outlined in Exhibit "A" of the Management Agreement. Prof Service-Property Appraiser The Property Appraiser provides the District with a listing of the legal description of each property parcel within the District boundaries, and the names and addresses of the owners of such property. The District reimburses the Property Appraiser for necessary administrative costs incurred to provide this service. Per the Florida Statutes, administrative costs shall include, but not be limited to,those costs associated with personnel,forms, supplies,data processing, computer equipment, postage, and programming. The budget for property appraiser costs was based on 1.5%of gross assessments. Annual Operating Budget Fiscal Year 2025 4 CEDAR HAMMOCK Community Development District General Fund Budget Narrative Fiscal Year 2025 EXPENDITURES Administrative(cont'd) Prof Service-Special Assessment The District's Collection Agent will be providing financials services which include the collection of prepaid assessments, maintenance of District's assessment roll and levying the annual operating and maintenance assessments. Prof Service—Web Site Maintenance Inframark Infrastructure Management Services oversees the District's email accounts and provides assistance to Campus Suite regarding the website,as necessary,as well as ADA Compliance Fees. Auditing Services The District is required annually to conduct an audit of its financial records by an Independent Certified Public Accounting Firm. Postage and Freight Mailing of agenda packages,overnight deliveries, correspondence, etc. Insurance-General Liability The District's General Liability & Public Officials Liability Insurance policy is with The Florida League of Cities, Inc. The Florida League of Cities, Inc. specializes in providing insurance coverage to governmental agencies. Printing&Binding Printing and Binding agenda packages for board meetings, printing of computerized checks, stationary, envelopes etc. Legal Advertising The District is required to advertise various notices for monthly Board meetings, public hearings, etc. in a newspaper of general circulation. Misc-Bank Charges Bank fees that may be incurred during the year. Misc-Assessment Collection Costs The District reimburses the Tax Collector for necessary administrative costs. Per the Florida Statutes, administrative costs shall include, but not be limited to, those costs associated with personnel, forms, supplies, data processing, computer equipment, postage, and programming. The District also compensates the Tax Collector for the actual cost of collection or 2% on the amount of special assessments collected and remitted, whichever is greater. The budget for collection costs was based on a maximum of 2%of the anticipated assessment collections. Annual Operating Budget Fiscal Year 2025 5 CEDAR HAMMOCK Community Development District General Fund Budget Narrative Fiscal Year 2025 EXPENDITURES Administrative(coned) Misc—Web Hosting The District incurs expenses to maintain and renew their website domain and email accounts. Office Supplies Miscellaneous office supplies required for the preparation of agenda packages. Annual District Filing Fee The District is required to pay an annual fee of$175 to the Dept of Economic Opportunity Div. Field Services Prof Service—Field Management Inframark Infrastructure Management Services inspects the District's assets and provides two reports per year. Management Services Project Management Expenses incurred from the field manager for the bulkhead/bridges restoration project. Contracts—Water Mgmt Services Professional services for environmental permit compliance related to the water use permit. Utility—Cameras Costs associated with the District's gate cameras. Electricity-Wells FPL provides electrical services for the District's pumps at the following addresses: • 8684 Cedar Hammock Circle-Well #4 Meter KL35128 • 3639 Cedar Hammock Court—Well#6 Meter ACD4996 Electricity-Aerators FPL provides electrical services for the District's pumps at the following addresses: • 3826 Wax Myrtle Run—Meter ACD4234 • 8892 Cedar Hammock Blvd—Meter ACD4976 • 3766 Buttonwood Way—Meter ACD8387 Annual Operating Budget Fiscal Year 2025 6 CEDAR HAMMOCK Community Development District General Fund Budget Narrative Fiscal Year 2025 EXPENDITURES Administrative(cont'd) R&M-Lake Repair and maintenance expenses related to lakes including washout repairs and erosion. R&M—Roads Repair and maintenance expenses related to roads. R&M—Plant Replacement Replace landscape plantings at pumps. R&M—Bulkheads Repair and maintenance expenses related to bulkheads. R&M—Bridges Repair and maintenance expenses related to the bridges. Misc-Contingency Any current year Field expenditure that may not have been provided for in the budget. Capital Outlay Funds set aside for future Capital projects. Reserves: Reserve-Irrigation Funds to be set aside for future bridge expenditures as determined by the BOS. Reserve-Lakes Funds to be set aside for future lake expenditures as determined by the BOS. Reserve-Roadways Funds to be set aside for future roadway expenditures as determined by the BOS. Annual Operating Budget Fiscal Year 2025 7 Cedar Hammock Community Development District Supporting Budget Schedules Fiscal Year 2025 Cedar Hammock Community Development District All Funds Assessment Summary Fiscal Year 2025 vs. Fiscal Year 2024 ASSESSMENT ALLOCATION General Fund Units FY 2025 FY 2024 Percent Product Change Single Family $ 659.11 $ 559.26 17.85% 65 2 Story $ 659.11 $ 559.26 17.85% 228 4 Story $ 659.11 $ 559.26 17.85% 330 Duplex $ 659.11 $ 559.26 17.85% 176 799 Annual Operating and Debt Service Budget 8 RESOLUTION 2024-05 A RESOLUTION LEVYING AND IMPOSING A NON-AD VALOREM MAINTENANCE AND BENEFIT SPECIAL ASSESSMENT FOR THE CEDAR HAMMOCK COMMUNITY DEVELOPMENT DISTRICT FOR FISCAL YEAR 2025 Preamble WHEREAS, the Cedar Hammock Community Development District owns certain improvements and facilities, and incurs costs of operation,repairs, and maintenance; and WHEREAS, the Board of Supervisors of the Cedar Hammock Community Development District find that the District's total General Fund Operation Assessments, taking into consideration other revenue sources during Fiscal Year 2025,will amount to$530,143; and WHEREAS, the Board of Supervisors of the Cedar Hammock Community Development District finds the District's Debt Service Fund Assessment during Fiscal Year 2025 will amount to$ 0 ; and WHEREAS, the Board of Supervisors of the Cedar Hammock Community Development District finds that the maintenance and benefit non-ad valorem special assessments it levies and imposes by this Resolution for operations, repair and maintenance will reimburse the District for certain special and peculiar benefits received by the property subject to the assessment flowing from the operations, repair and maintenance of the systems, facilities and services provided by the District and are apportioned in a manner that is fair and reasonable, in accordance with the applicable assessment methodology; and WHEREAS, the District Board understands that this Resolution levies the maintenance and benefit assessments for 2025 and the Chair of the District, or his designee, the District Manager, shall certify a total non-ad valorem assessment roll in a timely manner to the Tax Collector in and for Collier County for collection to include all assessments levied and approved by the District. NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE CEDAR HAMMOCK COMMUNITY DEVELOPMENT DISTRICT OF COLLIER COUNTY,FLORIDA: Section 1. All the whereas clauses are incorporated herein and are dispositive. Section 2. A special assessment for maintenance as provided for in Section 190.021(3), Florida Statutes, and a special assessment for the exercise of the District's powers as provided for in Section 190.021(2), Florida Statutes (hereinafter referred to as Assessments) are hereby levied on the platted lots within the District. 1 Section 3. That the collection and enforcement of the aforesaid Assessments on platted lots shall be by the Tax Collector serving as agent of the State of Florida in Collier County (Tax Collector) and shall be at the same time and in like manner as ad valorem taxes and subject to all ad valorem tax collection and enforcement procedures which attend the use of the official annual tax notice. Section 4. The levy and imposition of the Assessments on platted lots included in the District will be certified as a total amount on the non-ad valorem assessment roll to the Collier County Tax Collector by the designee of the Chair of the Board on compatible medium no later than 15 September 2024, and shall then be collected by the Tax Collector on the tax notice along with other non-ad valorem assessments from other local governments and with all applicable property taxes to each platted parcel of property. Section 5. The proceeds therefrom shall be paid to the Cedar Hammock Community Development District. Section 6. The Chair of the Board of the Cedar Hammock Community Development District designates the District Manager to perform the certification duties. Section 7. Be it further resolved that a copy of this Resolution be transmitted to the proper public officials so that its purpose and effect may be carried out in accordance with law. PASSED AND ADOPTED this 14th of May 2024, by the Board of Supervisors of the Cedar Hammock Community Development District,Collier County,Florida. IcterAtt:?4(45re i ' Fairc oth Quentin Greeley crctary Chairperson 2 CEDAR HAMMOCK COMMUNITY DEVELOPMENT DISTRICT PROPOSAL FOR AUDIT SERVICES PROPOSED BY: Berger, Toombs, Elam, Gaines & Frank CERTIFIED PUBLIC ACCOUNTANTS, PL 600 Citrus Avenue, Suite 200 (772) 461-6120 Fort Pierce, Florida 34950 CONTACT PERSON: J. W. Gaines, CPA, Director DATE OF PROPOSAL: May 2, 2024 TABLE OF CONTENTS DESCRIPTION OF SECTION PAGE A. Letter of Transmittal 1-2 B. Profile of the Proposer Description and History of Audit Firm 3 Professional Staff Resources 4-5 Ability to Furnish the Required Services 5 Arbitrage Rebate Services 6 A. Governmental Auditing Experience 7-16 B. Fee Schedule 17 C. Scope of Work to be Performed 17 D. Resumes 18-36 E. Peer Review Letter 37 Instructions to Proposers 38-39 Evaluation Criteria 40 ctc Berger, Toombs, Elam, -e Gaines & Frank Certified Public Accountants PL 600 Citrus Avenue Suite 200 Fort Pierce,Florida 34950 772/461-6120//461-1155 FAX: 772/468-9278 May 2, 2024 Cedar Hammock Community Development District Inframark Infrastructure Management 210 N University Drive, Suite 702 Coral Springs, FL 33071 Dear District Manager: Thank you very much for the opportunity to present our professional credentials to provide audit services for Cedar Hammock Community Development District. Berger, Toombs, Elam, Gaines & Frank, Certified Public Accountants, PL has assembled a team of governmental and nonprofit specialists second to none to serve our clients. Our firm has the necessary qualifications and experience to serve as the independent auditors for Cedar Hammock Community Development District. We will provide you with top quality, responsive service. Experience Berger, Toombs, Elam, Gaines & Frank, Certified Public Accountants, PL is a recognized leader in providing services to governmental and nonprofit agencies throughout Florida. We have been the independent auditors for a number of local governmental agencies and through our experience in performing their audits, we have been able to increase our audit efficiency and; therefore, reduce costs. We have continually passed this cost savings on to our clients and will continue to do so in the future. As a result of our experience and expertise, we have developed an effective and efficient audit approach designed to meet or exceed the performance specifications in accordance with auditing standards generally accepted in the United States of America, the standards applicable to financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States, and the standards for financial and compliance audits. We will conduct the audit in accordance with auditing standards generally accepted in the United States of America; "Government Auditing Standards" issued by the Comptroller General of the United States; the provisions of the Single Audit Act, Subpart F of Title 2 US Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards, with minimal disruption to your operations. Our firm has frequent technical updates to keep our personnel informed and up-to-date on all changes that are occurring within the industry. Fort Pierce/Stuart Member AICPA Member AICPA Division for CPA Firms Member FCPA Private Companies practice Section c} Berger,Toombs, Elam, Gaines& Frank CeroOed Public Accoundnb PL Cedar Hammock Community Development District May 2, 2024 Our firm is a member of the Government Audit Quality Center, an organization dedicated to improving government audit quality. We also utilize the audit program software of a nationally recognized CPA firm to assure us that we are up to date with all auditing standards and to assist us maintain maximum audit efficiencies. To facilitate your evaluation of our qualifications and experience, we have arranged this proposal to include a resume of our firm, including our available staff, our extensive prior governmental and nonprofit auditing experience and clients to be contacted. You need a firm that will provide an efficient, cost-effective, high-quality audit within critical time constraints. You need a firm with the prerequisite governmental and nonprofit experience to perform your audit according to stringent legal and regulatory requirements, a firm that understands the complex nature of community development districts and their unique compliance requirements. You need a firm with recognized governmental and nonprofit specialists within the finance and governmental communities. And, certainly, you need a firm that will provide you with valuable feedback to enhance your current and future operations. Berger, Toombs, Elam, Gaines & Frank, Certified Public Accountants, PL is that firm. J. W. Gaines is the person authorized to make representations for the firm. Thank you again for the opportunity to submit this proposal to Cedar Hammock Community Development District. Very truly yours, door1000) clod� /tit Berger, Toombs, Elam, Gaines & Frank Certified Public Accountants PL Fort Pierce, Florida - 2 - PROFILE OF THE PROPOSER Description and History of Audit Firm Berger, Toombs, Elam, Gaines & Frank, Certified Public Accountants, PL is a Treasure Coast public accounting firm, which qualifies as a small business firm, as established by the Small Business Administration (13 CFR 121.38), with offices in Fort Pierce and Stuart. We are a member of the Florida Institute of Certified Public Accountants and the American Institute of Certified Public Accountants. The firm was formed from the merger of Edwards, Berger, Harris & Company (originated in 1972) and McAlpin, Curtis & Associates (originated in 1949). J. W. Gaines and Associates (originated in 1979) merged with the firm in 2004. Our tremendous growth rate experienced over the last 69 years is directly attributable to the firm's unrelenting dedication to providing the highest quality, responsive professional services attainable to its clients. We are a member of the Private Companies Practice Section (PCPS) of the American Institute of Certified Public Accountants (AICPA) to assure we meet the highest standards. Membership in this practice section requires that our firm meet more stringent standards than standard AICPA membership. These rigorous requirements include the requirement of a triennial peer review of our firm's auditing and accounting practice and annual Continuing Professional Education (CPE) for all accounting staff (whether CPA or non-CPA). For standard AICPA membership, only a quality review is required and only CPAs must meet CPE requirements. We are also a member of the Government Audit Quality Center ("the Center") of the American Institute of Certified Public Accountants to assure the quality of our government audits. Membership in the Center, which is voluntary, requires our firm to comply with additional standards to promote the quality of government audits. We have been extensively involved in serving local government entities with professional accounting, auditing and consulting services throughout the entire 69 year history of our firm. Our substantial experience over the years makes us uniquely qualified to provide accounting, auditing, and consulting services to these clients. We are a recognized leader in providing services to governmental and nonprofit agencies on the Treasure Coast and in Central and South Florida, with extensive experience in auditing community development districts and water control districts. We were the independent auditors of the City of Fort Pierce for over 37 years and currently, we are the independent auditors for St. Lucie County since 2002, and for 34 of the 38 years that the county has been audited by CPA firms. Additionally, we have performed audits of the City of Stuart, the City of Vero Beach, Indian River County and Martin County. We also presently audit over 75 Community Development Districts throughout Florida. Our firm was founded on the belief that we are better able to respond to our clients needs through education, experience, independence, quality control, and personal service. Our firm's commitment to quality is reflected in our endeavor of professional excellence via continuing education, the use of the latest computer technology, professional membership in PCPS and peer review. We believe our approach to audit engagements, intelligence and innovation teamed with sound professional judgment enables us to explore new concepts while remaining sensitive to the fundamental need for practical solutions. We take pride in giving you the assurance that the personal assistance you receive comes from years of advanced training, technical experience and financial acumen. - 3 - Professional Staff Resources Berger, Toombs, Elam, Gaines & Frank, Certified Public Accountants, PL has a total of 27 professional and administrative staff (including 12 professional staff with extensive experience servicing government entities). The work will be performed out of our Fort Pierce office with a proposed staff of one senior accountant and one or two staff accountants supervised by an audit manager and audit partner. With the exception of the directors of the firm's offices, the professional staff is not specifically assigned to any of our individual offices. The professional and administrative staff resources available to you through Berger, Toombs, Elam, Gaines & Frank, Certified Public Accountants, PL are as follows: Total Partners/Directors (CPA's) 6 Managers (2 CPA's) 2 Senior/Supervisor Accountants (3 CPA's) 3 Staff Accountants (2 CPA) 11 Computer Specialist 1 Paraprofessional 7 Administrative 5 Total— all personnel 35 Following is a brief description of each employee classification: Staff Accountant — Staff accountants work directly under the constant supervision of the auditor-in-charge and, are responsible for the various testing of documents, account analysis and any other duties as his/her supervisor believes appropriate. Minimum qualification for a staff accountant is graduation from an accredited university or college with a degree in accounting or equivalent. Senior Accountant — A senior accountant must possess all the qualifications of the staff accountant, in addition to being able to draft the necessary reports and financial statements, and supervise other staff accountants when necessary. Managers — A manager must possess the qualifications of the senior accountant, plus be able to work without extensive supervision from the auditor-in-charge. The manager should be able to draft audit reports from start to finish and to supervise the audit team, if necessary. Principal —A principal is a partner/director in training. He has been a manager for several years and possesses the technical skills to act as the auditor—in-charge. A principal has no financial interest in the firm. Partner/Director — The director has extensive governmental auditing experience and acts as the auditor-in-charge. Directors have a financial interest in the firm. -4 - Professional Staff Resources (Continued) Independence — Independence of the public accounting firm, with respect to the audit client, is the foundation from which the public gains its trust in the opinion issued by the public accounting firm at the end of the audit process. This independence must be in appearance as well as in fact. The public must perceive that the accounting firm is independent of the audit entity to ensure that nothing would compromise the opinion issued by the public accounting firm. Berger, Toombs, Elam, Gaines & Frank, Certified Public Accountants, PL is independent of Cedar Hammock Community Development District, including its elected officials and related parties, at the date of this proposal, as defined by the following rules, regulations, and standards: AuSection 220 — Statements on Auditing Standards issued by the American Institute of Certified Public Accountants; ET Sections 101 and 102 — Code of Professional Conduct of the American Institute of Certified Public Accountants; Chapter 21A-1, Florida Administrative Code; Section 473.315, Florida Statutes; and, Government Auditing Standards, issued by the Comptroller General of the United States. On an annual basis, all members of the firm are required to confirm, in writing, that they have no personal or financial relationships or holding that would impair their independence with regard to the firm's clients. Independence is a hallmark of our profession. We encourage our staff to use professional judgment in situations where our independence could be impaired or the perception of a conflict of interest might exist. In the governmental sector, public perception is as important as professional standards. Therefore, the utmost care must be exercised by independent auditors in the performance of their duties. Ability to Furnish the Required Services As previously noted in the Profile of the Proposer section of this document, our firm has been in existence for over 74 years. We have provided audit services to some clients for over 30 years continually. Our firm is insured against physical loss through commercial insurance and we also carry liability insurance. The majority of our audit documentation is stored electronically, both on our office network and on each employee laptop or computer assigned to each specific job. Our office computer network is backed up on tape, so in the event of a total equipment loss, we can restore all data as soon as replacement equipment is acquired. In addition, our field laptop computers carry the same data and can be used in the event of emergency with virtually no delay in completing the required services. - 5 - ADDITIONAL SERVICES PROVIDED Arbitrage Rebate Services Berger, Toombs, Elam, Gaines & Frank, Certified Public Accountants, PL also provides arbitrage rebate compliance and related services to governmental issuers. The Tax Reform Act of 1986 requires issuers of most tax-exempt obligations to pay (i.e., "rebate") to the United States government any arbitrage profits. Arbitrage profits are earnings on the investment of bond proceeds and certain other monies in excess of what would have been earned had such monies been invested at a yield equal to the yield on the bonds. Federal tax law requires that interim rebate calculations and payments are due at the end of every fifth bond year. Final payment is required upon redemption of the bonds. More frequent calculations may be deemed advisable by an issuer's auditor, trustee or bond counsel or to assure that accurate and current records are available. These more frequent requirements are usually contained in the Arbitrage or Rebate Certificate with respect to the bonds. Our firm performs a comprehensive rebate analysis and includes the following: • Verifying that the issue is subject to rebate; • Calculating the bond yield; • Identifying, and separately accounting for, all "Gross Proceeds" (as that term is defined in the Code) of the bond issue, including those requiring analysis due to "transferred proceeds" and/or"commingled funds" circumstances; • Determining what general and/or elective options are available to Gross proceeds of the issue; • Calculating the issue's excess investment earning (rebate liability), if any; • Delivering appropriate documentation to support all calculations; • Providing an executive summary identifying the methodology employed, major assumptions, conclusions, and any other recommendations for changes in recordkeeping and investment policies; • Assisting as necessary in the event of an Internal Revenue Service inquiry; and, • Consulting with issue staff, as necessary, regarding arbitrage related matters. - 6 - GOVERNMENTAL AUDITING EXPERIENCE Berger, Toombs, Elam, Gaines & Frank, Certified Public Accountants, PL has been practicing public accounting in Florida for 69 years. Our success over the years has been the result of a strong commitment to providing personalized quality service to our clients. The current members of our firm have performed audits of over 1,100 community development districts, and over 2,100 audits of municipalities, counties and other governmental entities such as the City of Fort Pierce and St. Lucie County. Our firm provides a variety of accounting, auditing, tax litigation support, and consulting services. Some of the professional accounting, auditing and management consulting services that are provided by our firm are listed below: • Performance of annual financial and compliance audits, including Single Audits of state and federal financial assistance programs, under the provisions of the Single Audit Act, Subpart F of Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance), with minimal disruptions to your operations; • Performance of special compliance audits to ascertain compliance with the applicable local, state and federal laws and regulations; • Issuance of comfort letters and consent letters in conjunction with the issuance of tax- exempt debt obligations, including compiling financial data and interim period financial statement reviews; • Calculation of estimated and actual federal arbitrage rebates; • Assistance in compiling historical financial data for first-time and supplemental submissions for GFOA Certificate of Achievement for Excellence in Financial Reporting; • Preparation of indirect cost allocation systems in accordance with Federal and State regulatory requirements; • Providing human resource and employee benefit consulting; • Performance of automation feasibility studies and disaster recovery plans; • Performance feasibility studies concerning major fixed asset acquisitions and utility plant expansion plans (including electric, water, pollution control, and sanitation utilities); and • Assistance in litigation, including testimony in civil and criminal court. • Assist clients who utilize QuickBooks software with their software needs. Our Certified QuickBooks Advisor has undergone extensive training through QuickBooks and has passed several exams to attain this Certification. Continuing Professional Education All members of the governmental audit staff of our firm, and audit team members assigned to this engagement, are in compliance with the Continuing Professional Education (CPE) requirements set forth in Government Auditing Standards issued by the Comptroller General of the United States. In addition, our firm is in compliance with the applicable provisions of the Florida Statutes that require CPA's to have met certain CPE requirements prior to proposing on governmental audit engagements. - 7 - GOVERNMENTAL AUDITING EXPERIENCE (CONTINUED) The audit team has extensive experience in performing governmental audits and is exposed to intensive and continuing concentration on these types of audits. Due to the total number of governmental audits our team performs, each member of our governmental staff must understand and be able to perform several types of governmental audits. It is our objective to provide each professional employee fifty hours or more of comprehensive continuing professional education each year. This is accomplished through attending seminars throughout Florida and is reinforced through in-house training. Our firm has made a steadfast commitment to professional education. Our active attendance and participation in continuing professional education is a major part of our objective to obtain the most recent knowledge on issues which are of importance to our clients. We are growing on the reputation for work that our firm is providing today. Quality Control Program Quality control requires continuing commitment to professional excellence. Berger, Toombs, Elam, Gaines & Frank, Certified Public Accountants, PL is formally dedicated to that commitment. To ensure maintaining the standards of working excellence required by our firm, we joined the Private Companies Practice Section (PCPS) of the American Institute of Certified Public Accountants (AICPA). To be a participating member firm of this practice section, a firm must obtain an independent Peer Review of its quality control policies and procedures to ascertain the firm's compliance with existing auditing standards on the applicable engagements. The scope of the Peer Review is comprehensive in that it specifically reviews the following quality control policies and procedures of the participating firm: • Professional, economic, and administrative independence; • Assignment of professional personnel to engagements; • Consultation on technical matters; • Supervision of engagement personnel; • Hiring and employment of personnel; • Professional development; • Advancement; • Acceptance and continuation of clients; and, • Inspection and review system. We believe that our commitment to the program is rewarding not only to our firm, but primarily to our clients. The external independent Peer Review of the elements of our quality control policies and procedures performed by an independent certified public accountant, approved by the PCPS of the AICPA, provides you with the assurance that we continue to conform to standards of the profession in the conduct of our accounting and auditing practice. - 8 - GOVERNMENTAL AUDITING EXPERIENCE (CONTINUED) Our firm is also a member of Governmental Audit Quality Center (GAQC), a voluntary membership center for CPA firms that perform governmental audits. This center promotes the quality of governmental audits. Our firm has completed successive Peer Reviews. These reviews included a representative sample of our firm's local governmental auditing engagements. As a result of these reviews, our firm obtained an unqualified opinion on our quality control program and work procedures. On page 31 is a copy of our most recent Peer Review report. It should be noted that we received a pass rating. Our firm has never had any disciplinary actions by state regulatory bodies or professional organizations. As our firm performs approximately one hundred audits each year that are reviewed by federal, state or local entities, we are constantly dealing with questions from these entities about our audits. We are pleased to say that any questions that have been raised were minor issues and were easily resolved without re-issuing any reports. Certificate of Achievement for Excellence in Financial Reporting (CAFR) We are proud and honored to have been involved with the City of Fort Pierce and the Fort Pierce Utilities Authority when they received their first Certificates of Achievement for Excellence in Financial Reporting for the fiscal years ended September 30, 1988 and 1994, respectively. We were also instrumental in the City of Stuart receiving the award, in our first year of performing their audit, for the year ended September 30, 1999. We also assisted St. Lucie County, Florida for the year ended September 30, 2003, in preparing their first Comprehensive Annual Financial Report, and St. Lucie County has received their Certificate of Achievement for Excellence in Financial Reporting every year since. As continued commitment to insuring that we are providing the highest level of experience, we have had at least one employee of our firm serve on the GFOA — Special Review Committee since the mid-1980s. This committee is made up of selective Certified Public Accountants throughout the United States who have demonstrated their high level of knowledge and expertise in governmental accounting. Each committee member attends a special review meeting at the Annual GFOA Conference. At this meeting, the committee reports on the Certificate of Achievement Program's most recent results, future goals, and common reporting deficiencies. We feel that our previous experience in assisting the City of Fort Pierce, the Fort Pierce Utilities Authority and St. Lucie County obtain their first CAFRs, and the City of Stuart in continuing to receive a CAFR and our firm's continued involvement with the GFOA, and the CAFR review committee make us a valued asset for any client in the field of governmental financial reporting. - 9 - GOVERNMENTAL AUDIT EXPERIENCE (CONTINUED) References Terracina Community Development Gateway Community Development District District Jeff Walker, Special District Services Stephen Bloom, Severn Trent Management (561) 630-4922 (954) 753-5841 The Reserve Community Development District Clearwater Cay Community Development District Darrin Mossing, Governmental Management Cal Teague, Premier District Management Services LLC (407) 841-5524 (239) 690-7100 ext 101 In addition to the above, we have the following additional governmental audit experience: Community Development Districts Aberdeen Community Development Beacon Lakes Community District Development District Alta Lakes Community Development Beaumont Community Development District District Amelia Concourse Community Bella Collina Community Development Development District District Amelia Walk Communnity Bonnet Creek Community Development District Development District Aqua One Community Development Buckeye Park Community District Development District Arborwood Community Development Candler Hills East Community District Development District Arlington Ridge Community Cedar Hammock Community Development District Development District Bartram Springs Community Central Lake Community Development District Development District Baytree Community Development Channing Park Community District Development District - 10 - GOVERNMENTAL AUDIT EXPERIENCE (CONTINUED) Cheval West Community Evergreen Community Development Development District District Coconut Cay Community Forest Brooke Community Development District Development District Colonial Country Club Community Gateway Services Community Development District Development District Connerton West Community Gramercy Farms Community Development District Development District Copperstone Community Greenway Improvement District Development District Creekside @ Twin Creeks Community Greyhawk Landing Community Development District Development District Deer Run Community Development Griffin Lakes Community Development District District Dowden West Community Habitat Community Development Development District District DP1 Community Development Harbor Bay Community Development District District Eagle Point Community Development Harbourage at Braden River District Community Development District East Nassau Stewardship District Harmony Community Development District Eastlake Oaks Community Development District Harmony West Community Development District Easton Park Community Development District Harrison Ranch Community Development District Estancia @ Wiregrass Community Development District Hawkstone Community Development District - 11 - GOVERNMENTAL AUDIT EXPERIENCE (CONTINUED) Heritage Harbor Community Madeira Community Development Development District District Heritage Isles Community Marhsall Creek Community Development District Development District Heritage Lake Park Community Meadow Pointe IV Community Development District Development District Heritage Landing Community Meadow View at Twin Creek Development District Community Development District Heritage Palms Community Mediterra North Community Development District Development District Heron Isles Community Midtown Miami Community Development District Development District Heron Isles Community Development Mira Lago West Community District Development District Highland Meadows II Community Montecito Community Development District Development District Julington Creek Community Narcoossee Community Development District Development District Laguna Lakes Community Naturewalk Community Development District Development District Lake Bernadette Community New Port Tampa Bay Community Development District Development District Lakeside Plantation Community Overoaks Community Development Development District District Landings at Miami Community Panther Trace II Community Development District Development District Legends Bay Community Paseo Community Development Development District District Lexington Oaks Community Pine Ridge Plantation Community Development District Development District Live Oak No. 2 Community Piney Z Community Development Development District District - 12 - GOVERNMENTAL AUDIT EXPERIENCE (CONTINUED) Poinciana Community Sampson Creek Community Development District Development District Poinciana West Community San Simeon Community Development District Development District Port of the Islands Community Six Mile Creek Community Development District Development District Portofino Isles Community South Village Community Development District Development District Quarry Community Development Southern Hills Plantation I District Community Development District Renaissance Commons Community Southern Hills Plantation III Development District Community Development District Reserve Community South Fork Community Development District Development District Reserve#2 Community St. John's Forest Community Development District Development District River Glen Community Stoneybrook South Community Development District Development District River Hall Community Stoneybrook South at ChampionsGate Development District Community Development District River Place on the St. Lucie Stoneybrook West Community Community Development District Development District Rivers Edge Community Tern Bay Community Development District Development District Riverwood Community Terracina Community Development Development District District Riverwood Estates Community Tison's Landing Community Development District Development District Rolling Hills Community TPOST Community Development Development District District Rolling Oaks Community Development District - 13 - GOVERNMENTAL AUDIT EXPERIENCE (CONTINUED) Triple Creek Community Vizcaya in Kendall Development District Development District TSR Community Development Waterset North Community District Development District Turnbull Creek Community Westside Community Development Development District District Twin Creeks North Community WildBlue Community Development Development District District Urban Orlando Community Willow Creek Community Development District Development District Verano#2 Community Willow Hammock Community Development District Development District Viera East Community Winston Trails Community Development District Development District VillaMar Community Zephyr Ridge Community Development District Development District - 14 - GOVERNMENTAL AUDIT EXPERIENCE (CONTINUED) Other Governmental Organizations City of Westlake Office of the Medical Examiner, District 19 Florida Inland Navigation District Rupert J. Smith Law Library of St. Lucie County Fort Pierce Farms Water Control District St. Lucie Education Foundation Indian River Regional Crime Seminole Improvement District Laboratory, District 19, Florida Troup Indiantown Water Viera Stewardship District Control District Current or Recent Single Audits, St. Lucie County, Florida Early Learning Coalition, Inc. Gateway Services Community Development District. Members of our audit team have acquired extensive experience from performing or participating in over 1,800 audits of governments, independent special taxing districts, school boards, and other agencies that receive public money and utilize fund accounting. Much of our firm's auditing experience is with compliance auditing, which is required for publicly financed agencies. In this type of audit, we do a financial examination and also confirm compliance with various statutory and regulatory guidelines. Following is a summary of our other experience, including Auditor General experience, as it pertains to other governmental and fund accounting audits. Counties (Includes elected constitutional officers, utilities and dependent taxing districts) Indian River Martin Okeechobee Palm Beach Municipalities City of Port St. Lucie City of Vero Beach Town of Orchid - 15 - GOVERNMENTAL AUDIT EXPERIENCE (CONTINUED) Special Districts Bannon Lakes Community Development District Boggy Creek Community Development District Capron Trail Community Development District Celebration Pointe Community Development District Coquina Water Control District Diamond Hill Community Development District Dovera Community Development District Durbin Crossing Community Development District Golden Lakes Community Development District Lakewood Ranch Community Development District Martin Soil and Water Conservation District Meadow Pointe III Community Development District Myrtle Creek Community Development District St. Lucie County— Fort Pierce Fire District The Crossings at Fleming Island St. Lucie West Services District Indian River County Mosquito Control District St. John's Water Control District Westchase and Westchase East Community Development Districts Pier Park Community Development District Verandahs Community Development District Magnolia Park Community Development District Schools and Colleges Federal Student Aid Programs— Indian River Community College Indian River Community College Okeechobee County District School Board St. Lucie County District School Board State and County Agencies Central Florida Foreign-Trade Zone, Inc. (a nonprofit organization affiliated with the St. Lucie County Board of County Commissioners) Florida School for Boys at Okeechobee Indian River Community College Crime Laboratory Indian River Correctional Institution - 16 - FEE SCHEDULE We propose the fee for our audit services described below to be $4,100 for the years ended September 30, 2024, 2025, and 2026, and $4,250 for the years ended September 30, 2027 and 2028. The fee is contingent upon the financial records and accounting systems of Cedar Hammock Community Development District being "audit ready" and the financial activity for the District is not materially increased. If we discover that additional preparation work or subsidiary schedules are needed, we will consult with your authorized representative. We can assist with this additional work at our standard rates should you desire. SCOPE OF WORK TO BE PERFORMED If selected as the District's auditors, we will perform a financial and compliance audit in accordance with Section 11.45, Florida Statutes, in order to express an opinion on an annual basis on the financial statements of Cedar Hammock Community Development District as of September 30, 2024, 2025, 2026, 2027, and 2028. The audits will be performed to the extent necessary to express an opinion on the fairness in all material respects with which the financial statements present the financial position, results of operations and changes in financial position in conformity with generally accepted accounting principles and to determine whether, for selected transactions, operations are properly conducted in accordance with legal and regulatory requirements. Reportable conditions that are also material weaknesses shall be identified as such in the Auditors' Report on Internal Control over Financial Reporting and on Compliance and Other Matters. Other (non-reportable) conditions discovered during the course of the audit will be reported in a separate letter to management, which will be referred to in the Auditors' Report on Internal Control over Financial Reporting and on Compliance and Other Matters. Our audit will be performed in accordance with standards for financial and compliance audits contained in Government Auditing Standards, as well as in compliance with rules and regulations of audits of special districts as set forth by the State Auditor General in Chapter 10.550, Local Governmental Entity Audits, and other relevant federal, state and county orders, statutes, ordinances, charter, resolutions, bond covenants, Administrative Code and procedures, or rules and regulations which may pertain to the work required in the engagement. The primary purpose of our audit will be to express an opinion on the financial statements discussed above. It should be noted that such audits are subject to the inherent risk that errors or irregularities may not be detected. However, if conditions are discovered which lead to the belief that material errors, defalcations or other irregularities may exist or if other circumstances are encountered that require extended services, we will promptly notify the appropriate individual. - 17 - Commitment to Quality Service Personnel Qualifications and Experience J. W. Gaines, CPA, CITP Director—44 years Education • Stetson University, B.B.A. —Accounting Registrations • Certified Public Accountant—State of Florida, State Board of Accountancy • Certified Information Technology Professional (CITP) —American Institute of Certified Public Accountants Professional Affiliations/Community Service ♦ Member of the American and Florida Institutes of Certified Public Accountants ♦ Affiliate member Government Finance Officers Association • Past President, Vice President-Campaign Chairman, Vice President and Board Member of United Way of St. Lucie County, 1989 - 1994 • Past President, President Elect, Secretary and Treasurer of the Treasure Coast Chapter of the Florida Institute of Certified Public Accountants, 1988 - 1991 • Past President of Ft. Pierce Kiwanis Club, 1994 - 95, Member/Board Member since 1982 ♦ Past President, Vice President and Treasurer of St. Lucie County Chapter of the American Cancer Society, 1980 -1986 • Member of the St. Lucie County Chamber of Commerce, Member Board of Directors, Treasurer, September 2002 - 2006, Chairman Elect 2007, Chairman 2008, Past Chairman 2009 • Member Lawnwood Regional Medical Center Board of Trustees, 2000 — Present, Chairman 2013 - Present • Member of St. Lucie County Citizens Budget Committee, 2001 —2002 • Member of Ft. Pierce Citizens Budget Advisory Committee, 2010—2011 • Member of Ft. Pierce Civil Service Appeals Board, 2013 - Present Professional Experience • Miles Grant Development/Country Club — Stuart, Florida, July 1975—October 1976 • State Auditor General's Office — Public Accounts Auditor — November 1976 through September 1979 • Director - Berger, Toombs, Elam, Gaines & Frank, Certified Public Accountants PL, responsible for numerous government and nonprofit audits. • Over 40 years experience in all phases of public accounting and auditing experience, with a concentration in financial and compliance audits. Mr. Gaines has been involved in all phases of the audits listed on the preceding pages. - 18 - Commitment to Quality Service Personnel Qualifications and Experience J. W. Gaines, CPA, CITP (Continued) Director Continuing Professional Education ♦ Has participated in numerous continuing professional education courses provided by nationally recognized sponsors over the last two years to keep abreast of the latest developments in accounting and auditing such as: Governmental Accounting Report and Audit Update Analytical Procedures, FICPA Annual Update for Accountants and Auditors Single Audit Sampling and Other Considerations - 19 - Commitment to Quality Service Personnel Qualifications and Experience David S. McGuire, CPA, CITP Director— 36 years experience Education • University of Central Florida, B.A. —Accounting • Barry University— Master of Professional Accountancy Registrations • Certified Public Accountant—State of Florida, State Board of Accountancy • Certified Information Technology Professional (CITP) —American Institute of Certified Public Accountants • Certified Not-For-Profit Core Concepts 2018 Professional Affiliations/Community Service • Member of the American and Florida Institutes of Certified Public Accountants • Associate Member, Florida Government Finance Office Associates • Assistant Coach —St. Lucie County Youth Football Organization (1994—2005) • Assistant Coach —Greater Port St. Lucie Football League, Inc. (2006—2010) • Board Member—Greater Port St. Lucie Football League, Inc. (2011 —2017) • Treasurer, AIDS Research and Treatment Center of the Treasure Coast, Inc. (2000— 2003) • Board Member/Treasurer, North Treasure Coast Chapter, American Red Cross (2004—2010) • Member/Board Member of Port St. Lucie Kiwanis (1994—2001) • President (2014/15) of Sunrise Kiwanis of Fort Pierce (2004—2017) • St. Lucie District School Board Superintendent Search Committee (2013— present) • Board Member— Phrozen Pharoes (2019-2021) Professional Experience • Twenty-eight years public accounting experience with an emphasis on nonprofit and governmental organizations. • Audit Manager in-charge on a variety of audit and review engagements within several industries, including the following government and nonprofit organizations: St. Lucie County, Florida 19th Circuit Office of Medical Examiner Troup Indiantown Water Control District Exchange Club Center for the Prevention of Child Abuse, Inc. Healthy Kids of St. Lucie County Mustard Seed Ministries of Ft. Pierce, Inc. Reaching Our Community Kids, Inc. Reaching Our Community Kids - South St. Lucie County Education Foundation, Inc. Treasure Coast Food Bank, Inc. North Springs Improvement District • Four years of service in the United States Air Force in computer operations, with a top secret (SCl/SBI) security clearance. - 20 - Commitment to Quality Service Personnel Qualifications and Experience David S. McGuire, CPA, CITP (Continued) Director Continuing Professional Education ♦ Mr. McGuire has attended numerous continuing professional education courses and seminars taught by nationally recognized sponsors in the accounting auditing and single audit compliance areas. He has attended courses over the last two years in those areas as follows: Not-for-Profit Auditing Financial Results and Compliance Requirements Update: Government Accounting Reporting and Auditing Annual Update for Accountants and Auditors - 21 - Commitment to Quality Service Personnel Qualifications and Experience Matthew Gonano, CPA Director— 13 years total experience Education • University of North Florida, B.B.A. —Accounting • University of Alicante, Spain — International Business • Florida Atlantic University— Masters of Accounting Professional Affiliations/Community Service • American Institute of Certified Public Accountants • Florida Institute of Certified Public Accountants Professional Experience • Senior Accountant with Berger, Toombs, Elam, Gaines, & Frank providing professional services to nonprofit and governmental entities. • Performed audits of nonprofit and governmental organizations in accordance with Governmental Accounting Auditing Standards (GAAS) • Performed Single Audits of nonprofit organizations in accordance with OMB Circular A-133, Audits of State, Local Governments, and Non-Profit Organizations. Continuing Professional Education • Mr. Gonano has participated in numerous continuing professional education courses. - 22 - Commitment to Quality Service Personnel Qualifications and Experience David F. Naughton, CPA Accounting and Audit Manager— 33 years Education • Stetson University, B.B.A. —Accounting Registrations • Certified Public Accountant— State of Florida, State Board of Accountancy Professional Affiliations/Community Service • Member of the American and Florida Institutes of Certified Public Accountants • Former Member of Florida Institute of Certified Public Accountants Committee on State and Local Government • Affiliate Member Government Finance Officers Association (GFOA) for over 10 years • Affiliate Member Florida Government Finance Officers Association (FGFOA) for over 10 years • Technical Review— 1997 FICPA Course on State and Local Governments in Florida • Board of Directors — Kiwanis of Ft. Pierce, Treasurer — 1994-1999; Vice President — 1999- 2001 Professional Experience • Twenty-seven years public accounting experience with an emphasis on governmental and nonprofit organizations. • State Auditor General's Office — West Palm Beach, Staff Auditor, June 1985 to September 1985 • Accounting and Audit Manager of Berger, Toombs, Elam, Gaines & Frank, Certified Public Accountants PL, responsible for audit and accounting services including governmental and not-for-profit audits. • Over 20 years of public accounting and governmental experience, specializing in governmental and nonprofit organizations with concentration in special districts, including Community Development Districts which provide services including water and sewer utilities. Governmental and non-profit entities served include the following: Counties: St. Lucie County Municipalities: City of Fort Pierce City of Stuart - 23 - Commitment to Quality Service Personnel Qualifications and Experience David F. Haughton, CPA (Continued) Accounting and Audit Manager Professional Experience (Continued) Special Districts: Bluewaters Community Development District Country Club of Mount Dora Community Development District Fiddler's Creek Community Development District#1 and #2 Indigo Community Development District North Springs Improvement District Renaissance Commons Community Development District St. Lucie West Services District Stoneybrook Community Development District Summerville Community Development District Terracina Community Development District Thousand Oaks Community Development District Tree Island Estates Community Development District Valencia Acres Community Development District Non-Profits: The Dunbar Center, Inc. Hibiscus Children's Foundation, Inc. Hope Rural School, Inc. Maritime and Yachting Museum of Florida, Inc. Tykes and Teens, Inc. United Way of Martin County, Inc. Workforce Development Board of the Treasure Coast, Inc. • While with the Auditor General's Office he was on the staff for the state audits of the Martin County School District and Okeechobee County School District. • During 1997 he performed a technical review of the Florida Institute of Certified Public Accountants state CPE course on Audits of State and Local Governments in Florida. His comments were well received by the author and were utilized in future updates to the course. Continuing Professional Education • During the past several years, he has participated in numerous professional development training programs sponsored by the AICPA and FICPA, including state conferences on special districts and governmental auditing in Florida. He averages in excess of 100 hours bi-annually of advanced training which exceeds the 80 hours required in accordance with the continuing professional education requirements of the Florida State Board of accountancy and the AICPA Private Companies Practice Section. He has over 75 hours of governmental CPE credit within the past two years. - 24 - Commitment to Quality Service Personnel Qualifications and Experience Paul Daly Staff Accountant— 11 years Education • Florida Atlantic University, B.S. —Accounting Professional Experience • Staff Accountant with Berger, Toombs, Elam, Gaines, & Frank providing professional services to nonprofit and governmental entities. Continuing Professional Education • Working to attain the requirements to take the Certified Public Accounting (CPA) exam. - 25- Commitment to Quality Service Personnel Qualifications and Experience Melissa Marlin, CPA Senior Staff Accountant— 9 years Education • Indian River State College, A.A. —Accounting • Florida Atlantic University, B.B.A. —Accounting Professional Experience • Staff accountant with Berger, Toombs, Elam, Gaines, & Frank providing professional services to nonprofit and governmental entities. Continuing Professional Education • Mrs. Marlin participates in numerous continuing professional education courses provided by nationally recognized sponsors to keep abreast of the latest developments. - 26 - Commitment to Quality Service Personnel Qualifications and Experience Bryan Snyder Staff Accountant— 8 years Education • Florida Atlantic University, B.B.A. —Accounting Professional Experience • Accountant beginning his professional auditing career with Berger, Toombs, Elam, Gaines, & Frank. • Mr. Snyder is gaining experience auditing governmental & nonprofit entities. Continuing Professional Education • Mr. Snyder participates in numerous continuing education courses and plans on working to acquire his CPA certificate. • Mr. Snyder is currently studying to pass the CPA exam. - 27 - Commitment to Quality Service Personnel Qualifications and Experience Maritza Stonebraker, CPA Senior Accountant—7 years Education • Indian River State College, B.S. —Accounting Professional Experience • Staff Accountant beginning her professional auditing career with Berger, Toombs, Elam, Gaines, & Frank. Continuing Professional Education • Mrs. Stonebraker participates in numerous continuing professional education courses provided by nationally recognized sponsors to keep abreast of the latest developments. - 28 - Commitment to Quality Service Personnel Qualifications and Experience Jonathan Herman, CPA Senior Staff Accountant— 9 years Education • University of Central Florida, B.S. —Accounting • Florida Atlantic University, MACC Professional Experience • Accounting graduate with nine years experience with Berger, Toombs, Elam, Gaines, & Frank providing professional services to nonprofit and governmental entities. Continuing Professional Education • Mr. Herman participates in numerous continuing professional education courses provided by nationally recognized sponsors to keep abreast of the latest developments. - 29 - Commitment to Quality Service Personnel Qualifications and Experience Sean Stanton, CPA Staff Accountant—5 years Education • University of South Florida, B.S. —Accounting • Florida Atlantic University, M.B.A. —Accounting Professional Experience • Staff accountant with Berger, Toombs, Elam, Gaines, & Frank auditing governmental and non-profit entities. Continuing Professional Education • Mr. Stanton participates in numerous continuing professional education courses provided by nationally recognized sponsors to keep abreast of the latest developments. - 30 - Commitment to Quality Service Personnel Qualifications and Experience Tifanee Terrell Staff Accountant—3 years Education • Florida Atlantic University, M.A.C.C. —Accounting Professional Experience • Staff Accountant with Berger, Toombs, Elam, Gaines, & Frank providing professional services to nonprofit and governmental entities. Continuing Professional Education • Ms. Terrell participates in numerous continuing professional education courses provided by nationally recognized sponsors to keep abreast of the latest developments. • Ms. Terrell is currently studying to pass the CPA exam. - 31 - Commitment to Quality Service Personnel Qualifications and Experience Dylan Dixon Staff Accountant— 1 year Education ♦ Indian River State College, B.S. —Accounting Professional Experience ♦ Staff Accountant with Berger, Toombs, Elam, Gaines, & Frank providing professional services to nonprofit and governmental entities. Continuing Professional Education • Mr. Dixon participates in numerous continuing professional education courses provided by nationally recognized sponsors to keep abreast of the latest developments. - 32 - Commitment to Quality Service Personnel Qualifications and Experience Brennen Moore Staff Accountant Education • Indian River State College, B.S. —Accounting Professional Experience • Staff Accountant with Berger, Toombs, Elam, Gaines, & Frank providing professional services to nonprofit and governmental entities. Continuing Professional Education • Mr. Moore participates in numerous continuing professional education courses provided by nationally recognized sponsors to keep abreast of the latest developments. - 33- Commitment to Quality Service Personnel Qualifications and Experience Jordan Wood Staff Accountant— 1 year Education • Indian River State College, A.A. —Accounting Professional Experience • Staff Accountant with Berger, Toombs, Elam, Gaines, & Frank providing professional services to nonprofit and governmental entities. Continuing Professional Education • Ms. Wood is currently enrolled at Indian River State College to complete her bachelor's degree. • Ms. Wood participates in numerous continuing professional education courses provided by nationally recognized sponsors to keep abreast of the latest developments. • Ms. Wood is currently working towards completing an additional 30 hours of education to qualify to sit for CPA exam. - 34 - Commitment to Quality Service Personnel Qualifications and Experience Katie Gifford Staff Accountant Education ♦ Indian River State College, B.S. —Accounting Professional Experience ♦ Staff Accountant with Berger, Toombs, Elam, Gaines, & Frank providing professional services to nonprofit and governmental entities. Continuing Professional Education • Ms. Gifford participates in numerous continuing professional education courses provided by nationally recognized sponsors to keep abreast of the latest developments. - 35- Commitment to Quality Service Personnel Qualifications and Experience Rayna Zicari Staff Accountant Education • Stetson University, B.B.A. —Accounting Professional Experience • Staff Accountant with Berger, Toombs, Elam, Gaines, & Frank providing professional services to nonprofit and governmental entities. Continuing Professional Education • Ms. Zicari participates in numerous continuing professional education courses provided by nationally recognized sponsors to keep abreast of the latest developments. • Ms. Zicari is currently working towards completing an additional 30 hours of education to qualify to sit for CPA exam. - 36 - pp 6815 Dairy Road Zephyrhills,FL 33542 813.788.2155 BodinePerry corn Report on the Firm's System of Quality Control To the Partners of November 30,2022 Berger,Toombs,Barn,Gaines&Frank,CPAs,PL and the Peer Review Committee of the Florida Institute of Certified Public Accountants We have reviewed the system of quality control for the accounting and auditing practice of Berger, Toombs,Elam,Gaines&Frank,CPAs,Pt.(the firm),in effect for the year ended May 31,2022. Our peer review was conducted in accordance with the Standards for Performing and Reporting on Peer Reviews established by the Peer Review Board of the American Institute of Certified Public Accountants(Standards). A summary of the nature,objectives,scope,limitations of,and the procedures performed in a System Review as described in the Standards may be found at aicpa.org/prsummary.The summary also includes an explanation of how engagements identified as not performed or reported in conformity with applicable professional standards,if any,are evaluated by a peer reviewer to determine a peer review rating. Firm's Responsibility The firm is responsible for designing a system of quality control and complying with it to provide the firm with reasonable assurance of performing and reporting in conformity with applicable professional standards in all material respects.The firm is also responsible for evaluating actions to promptly remediate engagements deemed as not performed or reported in conformity with professional standards,when appropriate,and for remediating weaknesses in its system of quality control,if any. Peer Reviewer's Responsibility Our responsibility is to express an opinion on the design of the system of quality control,and the firm's compliance therewith based on our review. Required Selections and Considerations Engagements selected for review included engagements performed under Government Auditing Standards,including a compliance audit under the Single Audit Act. As a part of our peer review,we considered reviews by regulatory entities as communicated by the firm,if applicable,in determining the nature and extent of our procedures. Opinion In our opinion, the system of quality control for the accounting and auditing practice of Berger,Toombs,Elam,Gaines&Frank,CPAs,PL,in effect for the year ended May 31,2022,has been suitably designed and complied with to provide the firm with reasonable assurance of performing and reporting in conformity with applicable professional standards in all material respects.Firms can receive a rating of pass,pass with deficiency(ies),or fail Berger,Toombs, Elam,Gaines&Frank,CPAs,PLC,has received a peer review rating of pass. Bodine Perry (BERGER REPORT22) 0 BodinePerry Marc A,.c.. r:3 Aev,faf - 37 - CEDAR HAMMOCK COMMUNITY DEVELOPMENT DISTRICT REQUEST FOR PROPOSALS District Auditing Services for Fiscal Year 2024 with Four Optional One-Year Renewals Collier County, Florida INSTRUCTIONS TO PROPOSERS SECTION 1. DUE DATE. Proposals must be received by 11:00 p.m. on Thursday, May 2, 2024 by the Offices of the District Manager, Inframark, Attention: Nadine Blake/Janice Swade. SECTION 2. FAMILIARITY WITH THE LAW. By submitting a proposal, the Proposer is assumed to be familiar with all federal, state and local laws, ordinances, rules and regulations that in any manner affect the work. Ignorance on the part of the Proposer will in no way relieve it from responsibility to perform the work covered by the proposal in compliance with all such laws, ordinances and regulations. SECTION 3. QUALIFICATIONS OF PROPOSER. The contract, if awarded, will only be awarded to a responsible Proposer who is qualified by experience and licensing to do the work specified herein. The Proposer shall submit with its proposal satisfactory evidence of experience in similar work and show that it is fully prepared to complete the work to the satisfaction of the District. SECTION 4. SUBMISSION OF ONLY ONE PROPOSAL. Proposers shall be disqualified and their proposals rejected if the District has reason to believe that collusion may exist among the Proposers, the Proposer has defaulted on any previous contract or is in arrears on any previous or existing contract, or for failure to demonstrate proper licensure and business organization. SECTION 5. SUBMISSION OF PROPOSAL. Submit an electronic version of the Proposal Documents, and other requested attachments at the time and to the email address indicated herein. The email should be titled "Auditing Services — Cedar Hammock Community Development District" on the subject line. SECTION 6. MODIFICATION AND WITHDRAWAL. Proposals may be modified or withdrawn by an appropriate document duly executed and delivered to the place where proposals are to be submitted at any time prior to the time and date the proposals are due. No proposal may be withdrawn after opening for a period of ninety (90) days. SECTION 7. PROPOSAL DOCUMENTS. The proposal documents shall consist of the notice announcing the request for proposals, these instructions, the Evaluation Criteria Sheet and a proposal with all required documentation pursuant to Section 12 of these instructions (the "Proposal Documents"). SECTION 8. PROPOSAL. In making its proposal, each Proposer represents that it has read and understands the Proposal Documents and that the proposal is made in accordance therewith. - 38 - SECTION 9. BASIS OF AWARD/RIGHT TO REJECT. The District reserves the right to reject any and all proposals, make modifications to the work, and waive any informalities or irregularities in proposals as it is deemed in the best interests of the District. SECTION 10. CONTRACT AWARD. Within fourteen (14) days of receipt of the Notice of Award from the District, the Proposer shall enter into and execute a Contract (Engagement Letter) with the District. SECTION 11. LIMITATION OF LIABILITY. Nothing herein shall be construed as or constitute a waiver of District's limited waiver of liability contained in Section 768.28, Florida Statutes, or any other statute or law. SECTION 12. MISCELLANEOUS. All proposals shall include the following information in addition to any other requirements of the proposal documents. A. List position or title of all personnel to perform work on the District audit. Include resumes for each person listed; list years of experience in present position for each party listed and years of related experience. B. Describe proposed staffing levels, including resumes with applicable certifications. C. Three references from projects of similar size and scope. The Proposer should include information relating to the work it conducted for each reference as well as a name, address and phone number of a contact person. D. The lump sum cost of the provision of the services under the proposal. E. Must perform the audit fieldwork at the office where the District records are maintained. SECTION 13. PROTESTS. Any protest regarding the Proposal Documents, must be filed in writing, at the Offices of the District Manager, within seventy-two (72) hours after the receipt of the proposed contract documents. The formal protest setting forth with particularity the facts and law upon which the protest is based shall be filed within seven (7) calendar days after the initial notice of protest was filed. Failure to timely file a notice of protest or failure to timely file a formal written protest shall constitute a waiver of any right to object or protest with respect to the Proposal Documents. SECTION 14. EVALUATION OF PROPOSALS. The criteria to be used in the evaluation of proposals are presented in the Evaluation Criteria Sheet, contained within the Proposal Documents. - 39 - AUDITOR SELECTION EVALUATION CRITERIA 1. Ability of Personnel. (20 Points) (E.g., geographic locations of the firm's headquarters or permanent office in relation to the project; capabilities and experience of key personnel; present ability to manage this project; evaluation of existing workload; proposed staffing levels, etc.) 2. Proposer's Experience. (20 Points) (E.g. past record and experience of the Proposer in similar projects; volume of work previously performed by the firm; past performance for other Community Development Districts in other contracts; character, integrity, reputation, of respondent, etc.) 3. Understanding of Scope of Work. (20 Points) Extent to which the proposal demonstrates an understanding of the District's needs for the services requested. 4. Ability to Furnish the Required Services. (20 Points) Extent to which the proposal demonstrates the adequacy of Proposer's financial resources and stability as a business entity necessary to complete the services required (E.g., the existence of any natural disaster plan for business operations). 5 Price. (20 Points) Points will be awarded based upon the price bid for the rendering of the services and reasonableness of the price to the services. - 40 - 0., Grau & Associates CERTIFIED PUBLIC ACCOUNTANTS Proposal to Provide Financial Auditing Services: CEDAR HAMMOCK Community Development District Proposal Due: May 2, 2024 11:00AM Submitted to: Cedar Hammock Community Development District Submitted by: Antonio J. Grau, Partner Grau &Associates 951 Yamato Road, Suite 280 Boca Raton, Florida 33431 Tel (561) 994-9299 (800) 229-4728 Fax (561) 994-5823 tgrau@graucpa.com www.graucpa.com Ci} Grau (Si Associates CERTIFIED PUBLIC ACCOUNTANTS Table of Contents Page EXECUTIVE SUMMARY/TRANSMITTAL LETTER 1 FIRM QUALIFICATIONS 3 FIRM &STAFF EXPERIENCE 6 REFERENCES 11 SPECIFIC AUDIT APPROACH 13 COST OF SERVICES 17 SUPPLEMENTAL INFORMATION 19 (Th Grau & Associates C1,12HI II I) PtIPI I( \( t ( it,\ I \\ I ,. ______} May 2,2024 Cedar Hammock Community Development District Re: Request for Proposal for Professional Auditing Services for the fiscal year ended September 30, 2024,with an option for four additional annual renewals. Grau & Associates (Grau) welcomes the opportunity to respond to the Cedar Hammock Community Development District's (the "District") Request for Proposal (RFP), and we look forward to working with you on your audit. We are an energetic and robust team of knowledgeable professionals and are a recognized leader of providing services to Community Development Districts.As one of Florida's few firms to primarily focus on government,we are especially equipped to provide you an effective and efficient audit. Special district audits are at the core of our practice:we have a total of 360 clients,329 or 91%of which are special districts.We know the specifics of the professional services and work products needed to meet your RFP requirements like no other firm.With this level of experience,we are able to increase efficiency, to provide immediate and continued savings,and to minimize disturbances to client operations. Why Grau&Associates: Knowledgeable Audit Team Grau is proud that the personnel we assign to your audit are some of the most seasoned auditors in the field. Our staff performs governmental engagements year-round.When not working on your audit,your team is refining their audit approach for next year's audit. Our engagement partners have decades of experience and take a hands-on approach to our assignments,which all ensures a smoother process for you. Servicing your Individual Needs Our clients enjoy personalized service designed to satisfy their unique needs and requirements. Throughout the process of our audit,you will find that we welcome working with you to resolve any issues as swiftly and easily as possible. In addition, due to Grau's very low turnover rate for our industry,you also won't have to worry about retraining your auditors from year to year. Developing Relationships We strive to foster mutually beneficial relationships with our clients. We stay in touch year round, updating,collaborating and assisting you in implementing new legislation,rules and standards that affect your organization.We are also available as a sounding board and assist with technical questions. Maintaining an Impeccable Reputation We have never been involved in any litigation, proceeding or received any disciplinary action. Additionally,we have never been charged with,or convicted of,a public entity crime of any sort.We are financially stable and have never been involved in any bankruptcy proceedings. Complying With Standards Our audit will follow the Auditing Standards of the AICPA, Generally Accepted Government Auditing Standards,issued by the Comptroller General of the United States,and the Rules of the Auditor General of the State of Florida, and any other applicable federal, state and local regulations. We will deliver our reports in accordance with your requirements. This proposal is a firm and irrevocable offer for 90 days.We certify this proposal is made without previous understanding,agreement or connection either with any previous firms or corporations offering a proposal for the same items. We also certify our proposal is in all respects fair, without outside control, collusion, fraud,or otherwise illegal action,and was prepared in good faith. Only the person(s),company or parties interested in the project as principals are named in the proposal.Grau has no existing or potential conflicts and anticipates no conflicts during the engagement.Our Federal I.D.number is 20-2067322. We would be happy to answer any questions or to provide any additional information. We are genuinely excited about the prospect of serving you and establishing a long-term relationship. Please do not hesitate to call or email either of our Partners,Antonio J. Grau, CPA (tgrau@graucpa.com) or David Caplivski, CPA (dcaplivskiC'graucpa.com) at 561.994.9299. We thank you for considering our firm's qualifications and experience. Very truly yours, Grau&Associates „— Antonio J.Grau 2 Firm Qualifications Grau & Associates CER"I'IFIE:I) PUBLIC ACCOUNTANTS 3 Grau's Focus and Experience Our Team --- • 41.1 • 9/14 2llX5 IWO 11111 Auditors are CPAS Year founded 3 11 2 0 Partners Professional Administrative Staff Professionals Services Provided Li L 297CommunityDevelopment Districts Served Financial +• .' Auditing Auditing Properly registered and licensed professional i Accounting Attestation corporation by the `—~ state of FLORIDA Arbitrage Management Services Consulting We are proud Members of the American Institute of - Certified Public Accountants the Florida Institute of 9 Certifled Public Accountants ,�.�o�y Professional Co'� Groups aJ� External quality review program:consistently receives a pass Internal:ongoing AICPA I FICPA I GFOA l FASD I FGFOA See next page for monitoring to maintain report and certificate quality ` /'')Gnu&Associates 4 • "FICPA AICPA Program Florida Institute of(L fed PuoIK Accountants FICPA Peer Review Program AICPA Peer Review Program Administered in Florida Administered in Florida by The Florida Institute of CPAs by the Florida Institute of CPAs March 17,2023 Antonio Grau Grau&Associates 951 Yamato Rd Ste 280 Boca Raton, FL 33431-1809 Dear Antonio Grau: It is my pleasure to notify you that on March 16, 2023, the Florida Peer Review Committee accepted the report on the most recent System Review of your firm.The due date for your next review is December 31, 2025. This is the date by which all review documents should be completed and submitted to the administering entity. As you know, the report had a peer review rating of pass. The Committee asked me to convey its congratulations to the firm. Thank you for your cooperation. Sincerely, roiy Peer Review Team FICPA Peer Review Committee 850.224.2727,x5957 cc: Daniel Hevia, Racquel McIntosh Firm Number: 900004390114 Review Number. 594791 119 S Monroe Street,Suite 121 I Tallahassee,FL 32301 1850.224.2727,in Florida I www.ficpa.org Grau&Assoaates „ „ „ ,A < ,.c 5 Firm & Staff Experience Grau & Associates lir CERTIFIED PUBLIC ACCOUNTANTS 6 GRAU AND ASSOCIATES COMMUNITY Profile Briefs: DEVELOPMENT DISTRICT EXPERIENCE AntonioJGRAU, CPA BY MANAGEMENT COMPANY (Partner) Years Performing Audits:35+ CPE(last 2 years): Government PFM Accounting,Auditing: ii 24 hours;Accounting, Auditing and Other: GMS 56 hours - 78 Professional Memberships:AICPA, 38 FICPA, FGFOA, GFOA David Caplivski, CPA (Partner) RIZZETTA MERITUS Years Performing SDS 23 60 47 Audits: 13+ CPE(last 2 years): Government Accounting,Auditing: 24 hours;Accounting, Auditing and Other: 64 hours Professional Memberships:AICPA, FICPA, FGFOA, FASD "Here at Grau &Associates,staying up to date with the current technological landscape is one of our top priorities.Not only does it provide a more positive experience for our clients,but it also allows us to perform a more effective and efficient audit. With the every changing technology available and utilized by our clients, we are constantly innovating our audit process." - Tony Grau "Quality audits and exceptional client service are at the heart of every decision we make.Our clients trust us to deliver a quality audit,adhering to high standards and assisting them with improvements for their organization." - David Caplivski Grau&Associates 7 -Ni li 1.'ltiil li i+1: 11 / YOUR ENGAGEMENT TEAM Grau's client-specific engagement team is meticulously organized in order to meet the unique needs of each client. Constant communication within our solution team allows for continuity of staff and audit team. The Certified Information An advisory consultant will Technology Professional be available as a sounding (CITP) Partner will bring a board to advise in those unique blend of IT expertise areas where problems are and understanding of encountered. accounting principles to the Advisory financial statement audit of Consultant the District. CITP Partner Engagement Partner Your Successful Audit Audit Senior Audit Manager The assigned personnel will The Engagement Partner will work closely with the partner participate extensively during and the District to ensure that the various stages of the the financial statements and all engagement and has direct other reports are prepared in responsibility for engagement accordance with professional policy,direction,supervision, standards and firm policy. quality control,security, Responsibilities will include confidentiality of information planning the audit; of the engagement and communicating with the client communication with client and the partners the progress personnel.The engagement of the audit;and partner will also be involved determining that financial directing the development of statements and all reports the overall audit approach issued by the firm are accurate, and plan;performing an complete and are prepared in overriding review of work accordance with professional papers and ascertain client standards and firm policy. satisfaction. Grau&Associates 8 E - Antonio 'Tony ` J. Grau, CPA Partner Contact: tgrau@agraucpa.com I (561) 939-6672 Experience • For over 30 years,Tony has been providing audit,accounting and consulting services to the firm's governmental,non-profit, • • . . 4 employee benefit,overhead and arbitrage clients.He provides } ,�- guidance to clients regarding complex accounting issues, I!! internal controls and operations. • W- � : As a member of the Government Finance Officers Association .' Special Review Committee, Tony participated in the review process for awarding the GFOA Certificate of Achievement in �ti'r•. Financial Reporting.Tony was also the review team leader for g:; a k the Quality Review of the Office of Management Audits of fi " School Board of Miami-Dade County.Tony received the AICPA tr ~" �'r . advanced level certificate for governmental single audits. Education University of South Florida (1983) Bachelor of Arts Business Administration Clients Served (partial list) (>300) Various Special Districts, including: Bayside Improvement Community Development District St. Lucie West Services District Dunes Community Development District Ave Maria Stewardship Community District Fishhawk Community Development District(I,II,IV) Rivers Edge II Community Development District Grand Bay at Doral Community Development District Bartram Park Community Development District Heritage Harbor North Community Development District Bay Laurel Center Community Development District Boca Raton Airport Authority Greater Naples Fire Rescue District Key Largo Wastewater Treatment District Lake Worth Drainage District South Indian River Water Control Professional Associations/Memberships American Institute of Certified Public Accountants Florida Government Finance Officers Association Florida Institute of Certified Public Accountants Government Finance Officers Association Member City of Boca Raton Financial Advisory Board Member Professional Education (over the last two years) Course Hours Government Accounting and Auditing 32 Accounting,Auditing and Other 41 Total Hours 73 (includes of 4 hours of Ethics CPE) Grau&Associates 9 David Caplivski, CPA/CITP, Partner Contact: dcaplivskiOgraucpa.com/561-939-6676 Experience '` • ° Grau&Associates Partner 2021-Present f Grau&Associates Manager 2014-2020 xi , Z- Grau&Associates Senior Auditor 2013-2014 ' Grau&Associates Staff Auditor 2010-2013 Education Florida Atlantic University(2009) VIII _ Master of Accounting • _ Nova Southeastern University(2002) Bachelor of Science Environmental Studies Certifications and Certificates Certified Public Accountant(2011) AICPA Certified Information Technology Professional(2018) AICPA Accreditation COSO Internal Control Certificate(2022) Clients Served(partial list) (>300)Various Special Districts Hispanic Human Resource Council Aid to Victims of Domestic Abuse Loxahatchee Groves Water Control District Boca Raton Airport Authority Old Plantation Water Control District Broward Education Foundation Pinetree Water Control District CareerSource Brevard San Carlos Park Fire&Rescue Retirement Plan CareerSource Central Florida 403 (b) Plan South Indian River Water Control District City of Lauderhill GERS South Trail Fire Protection&Rescue District City of Parkland Police Pension Fund Town of Haverhill City of Sunrise GERS Town of Hypoluxo Coquina Water Control District Town of Hillsboro Beach Central County Water Control District Town of Lantana City of Miami(program specific audits) Town of Lauderdale By-The-Sea Volunteer Fire Pension City of West Park Town of Pembroke Park Coquina Water Control District Village of Wellington East Central Regional Wastewater Treatment Fad. Village of Golf East Naples Fire Control&Rescue District Professional Education (over the last two years) Course Hours Government Accounting and Auditing 24 Accounting,Auditing and Other 64 Total Hours $$(includes 4 hours of Ethics CPE) Professional Associations Member,American Institute of Certified Public Accountants Member,Florida Institute of Certified Public Accountants Member,Florida Government Finance Officers Association Member,Florida Association of Special Districts Grau&Associates ___ 10 References irjGrau & Associates CERTIFIED PUBLIC ACCOUN I'AN'IS 11 We have included three references of government engagements that require compliance with laws and regulations, follow fund accounting, and have financing requirements, which we believe are similar to the District. Dunes Community Development District Scope of Work Financial audit Engagement Partner Antonio J. Grau Dates Annually since 1998 Client Contact Darrin Mossing, Finance Director 475 W.Town Place,Suite 114 St.Augustine, Florida 32092 904-940-5850 Two Creeks Community Development District Scope of Work Financial audit Engagement Partner Antonio J. Grau Dates Annually since 2007 Client Contact William Rizzetta, President 3434 Colwell Avenue, Suite 200 Tampa, Florida 33614 813-933-5571 Journey's End Community Development District Scope of Work Financial audit Engagement Partner Antonio J. Grau Dates Annually since 2004 Client Contact Todd Wodraska,Vice President 2501 A Burns Road Palm Beach Gardens, Florida 33410 561-630-4922 Grau&Associates Specific Audit Approach Grau & Associates CERTIFIED PUBLIC ACCOUNTANTS 13 AUDIT APPROACH Grau's Understanding of Work Product/Scope of Services: We recognize the District is an important entity and we are confident our firm is eminently qualified to meet the challenges of this engagement and deliver quality audit services. You would be a valued client of our firm and we pledge to commit all firm resources to provide the level and quality of services(as described below) which not only meet the requirements set forth in the RFP but will exceed those expectations.Grau&Associates fully understands the scope of professional services and work products requested. Our audit will follow the Auditing Standards of the AICPA, Generally Accepted Government Auditing Standards,issued by the Comptroller General of the United States,and the Rules of the Auditor General of the State of Florida and any other applicable Federal,State of Local regulations.We will deliver our reports in accordance with your requirements. Proposed segmentation of the engagement Our approach to the audit engagement is a risk-based approach which integrates the best of traditional auditing techniques and a total systems concept to enable the team to conduct a more efficient and effective audit.The audit will be conducted in three phases,which are as follows: 1 PI IASl I: PHASE 11: ; i ;= ii Preliminary Execution of the • Plemiltup Audit Plan i" r',, .S"=,, .........- . ,.._..._.F ..Kam. i Phase I - Preliminary Planning A thorough understanding of your organization, service objectives and operating environment is essential for the development of an audit plan and for an efficient, cost-effective audit. During this phase, we will meet with appropriate personnel to obtain and document our understanding of your operations and service objectives and, at the same time, give you the opportunity to express your expectations with respect to the services that we will provide. Our work effort will be coordinated so that there will be minimal disruption to your staff. During this phase we will perform the following activities: » Review the regulatory, statutory and compliance requirements.This will include a review of applicable federal and state statutes, resolutions, bond documents, contracts, and other agreements; » Read minutes of meetings; » Review major sources of information such as budgets, organization charts, procedures, manuals,financial systems,and management information systems; » Obtain an understanding of fraud detection and prevention systems; » Obtain and document an understanding of internal control, including knowledge about the design of relevant policies, procedures, and records, and whether they have been placed in operation; » Assess risk and determine what controls we are to rely upon and what tests we are going to perform and perform test of controls; » Develop audit programs to incorporate the consideration of financial statement assertions, specific audit objectives,and appropriate audit procedures to achieve the specified objectives; » Discuss and resolve any accounting, auditing and reporting matters which have been identified. j�r''Grau&Associates 14 Phase II - Execution of Audit Plan The audit team will complete a major portion of transaction testing and audit requirements during this phase. The procedures performed during this period will enable us to identify any matter that may impact the completion of our work or require the attention of management. Tasks to be performed in Phase II include,but are not limited to the following: » Apply analytical procedures to further assist in the determination of the nature, timing, and extent of auditing procedures used to obtain evidential matter for specific account balances or classes of transactions; » Perform tests of account balances and transactions through sampling,vouching,confirmation and other analytical procedures;and » Perform tests of compliance. Phase III - Completion and Delivery In this phase of the audit, we will complete the tasks related to year-end balances and financial reporting. All reports will be reviewed with management before issuance, and the partners will be available to meet and discuss our report and address any questions. Tasks to be performed in Phase III include,but are not limited to the following: » Perform final analytical procedures; » Review information and make inquiries for subsequent events;and » Meeting with Management to discuss preparation of draft financial statements and any potential findings or recommendations. You should expect more from your accounting firm than a signature in your annual financial report. Our concept of truly responsive professional service emphasizes taking an active interest in the issues of concern to our clients and serving as an effective resource in dealing with those issues.In following this approach,we not only audit financial information with hindsight but also consider the foresight you apply in managing operations. Application of this approach in developing our management letter is particularly important given the increasing financial pressures and public scrutiny facing today's public officials. We will prepare the management letter at the completion of our final procedures. In preparing this management letter,we will initially review any draft comments or recommendations with management.In addition,we will take necessary steps to ensure that matters are communicated to those charged with governance. In addition to communicating any recommendations,we will also communicate the following,if any: » Significant audit adjustments; » Significant deficiencies or material weaknesses; » Disagreements with management;and » Difficulties encountered in performing the audit. \ �;Grau&Associates 15 Our findings will contain a statement of condition describing the situation and the area that needs strengthening, what should be corrected and why. Our suggestions will withstand the basic tests of corrective action: Is the recommendation cost effective? Is the recommendation the simplest to effectuate in order to correct a problem? Is the recommendation at the heart of the problem and not just correcting a symptomatic matter? Is the corrective action taking into account why the deficiency occurred? To assure full agreement with facts and circumstances, we will fully discuss each item with Management prior to the final exit conference. This policy means there will be no "surprises" in the management letter and fosters a professional,cooperative atmosphere. Communications We emphasize a continuous,year-round dialogue between the District and our management team.We regularly communicate through personal telephone calls and electronic mail throughout the audit and on a regular basis. Our clients have the ability to transmit information to us on our secure client portal with the ability to assign different staff with separate log on and viewing capability. This further facilitates efficiency as all assigned users receive electronic mail notification as soon as new information has been posted into the portal. Grau&Associates 16 • Cost of Services 0 Grau & Associates CERTIFIED PUBLIC ACCOUNTANTS 17 Our proposed all-inclusive fees for the financial audit for the fiscal years ended September 30, 2024-2028 are as follows: Year Ended September 30, Fee 2024 $3,600 2025 $3,700 2026 $3,800 2027 $3,900 2028 $4,000 TOTAL(2024-2028) $19.000 The above fees are based on the assumption that the District maintains its current level of operations.Should conditions change or Bonds are issued the fees would be adjusted accordingly upon approval from all parties concerned. �Grau&Associates j 18 Supplemental Information Grau & Associates CERTIFIED PUBLIC ACCOUNTANTS 19 PARTIAL LIST OF CLIENTS SPECIALDISTRICTS E a' a' Y w C 7 Cl L y Q TTd C6 > C y� - LI I = v Boca Raton Airport Authority ✓ ✓ ✓ 9/30 Captain's Key Dependent District ✓ ✓ 9/30 Central Broward Water Control District ✓ ✓ 9/30 Collier Mosquito Control District ✓ ✓ 9/30 Coquina Water Control District ✓ ✓ 9/30 East Central Regional Wastewater Treatment Facility ✓ ✓ 9/30 Florida Green Finance Authority ✓ 9/30 Greater Boca Raton Beach and Park District ✓ V 9/30 Greater Naples Fire Control and Rescue District ✓ ✓ V 9/30 Green Corridor P.A.C.E. District ✓ ✓ 9/30 Hobe-St. Lucie Conservancy District ✓ ✓ 9/30 Indian River Mosquito Control District ✓ 9/30 Indian Trail Improvement District ✓ ✓ 9/30 Key Largo Wastewater Treatment District V ✓ ✓ ✓ 9/30 Lake Padgett Estates Independent District ✓ ✓ 9/30 Lake Worth Drainage District ✓ ✓ 9/30 Lealman Special Fire Control District ✓ ✓ 9/30 Loxahatchee Groves Water Control District ✓ 9/30 Old Plantation Control District ✓ ✓ 9/30 Pal Mar Water Control District ✓ ✓ 9/30 Pinellas Park Water Management District ✓ ✓ 9/30 Pine Tree Water Control District(Broward) ✓ ✓ 9/30 Pinetree Water Control District(Wellington) ✓ 9/30 Ranger Drainage District ✓ ✓ V 9/30 Renaissance Improvement District ✓ ✓ 9/30 San Carlos Park Fire Protection and Rescue Service District ✓ ✓ 9/30 Sanibel Fire and Rescue District ✓ ✓ 9/30 South Central Regional Wastewater Treatment and Disposal Board ✓ ✓ 9/30 South-Dade Venture Development District ✓ ✓ 9/30 South Indian River Water Control District ✓ ✓ ✓ 9/30 South Trail Fire Protection&Rescue District ✓ ✓ 9/30 Spring Lake Improvement District ✓ ✓ 9/30 St. Lucie West Services District ✓ ✓ ✓ 9/30 Sunshine Water Control District ✓ ✓ 9/30 West Villages Improvement District ✓ ✓ 9/30 Various Community Development Districts(297) ✓ ✓ 9/30 TOTAL 333 5 3 328 C (:rau&Associates _ . 20 ADDITIONAL SERVICES CONSULTING/MANAGEMENT ADVISORY SERVICES Grau & Associates also provide a broad range of other management consulting services. Our expertise has been consistently utilized by Governmental and Non-Profit entities throughout Florida. Examples of engagements performed are as follows: • Accounting systems • Fixed asset records • Development of budgets • Cost reimbursement • Organizational structures • Indirect cost allocation • Financing alternatives • Grant administration and compliance • IT Auditing ARBITRAGE The federal government has imposed complex rules to restrict the use Current of tax-exempt financing. Their principal purpose is to eliminate any 73 Arbitrage significant arbitrage incentives in a tax-exempt issue. We have Calculations determined the applicability of these requirements and performed the rebate calculations for more than 150 bond issues, including both fixed and variable rate bonds. We look forward to providing Cedar Hammock Community Development District with our resources and experience to accomplish not only those minimum requirements set forth in your Request for Proposal, but to exceed those expectations! For even more information on Grau &Associates please visit us on www.graucpa.com. (,rau& Associates 21 Berger, Toombs, Wines,& Gras& Cedar Hammock CDD 5-1424 Frank Associates Audit RFP Supervisor Bally Ability of Proposer's Understands Ability to Furnish the Totals Audit Firm Personnel Experience ng Scope of Required Services Price(20 Points) Notes (20 Points) (20 Points) RFP (20 Points) (100 Points) ...._ (20 Points) Berger,Toombs,Gaines,& Frank Grau&Associates 0 Supervisor Eliasek Ability of Proposer's Undorstandi Ability to Furnish the Totals Audit Firm Personnel Experience ng Scope of Required Services Price(20 Paints) Notes (20 Points) (20 Points) RFP (20 Points) (100 Points) (20 Points) Berger,Toombs,Gaines,& Frank 0 Grau&Associates 0 0 Supervisor Greeley Ability of Proposer's Understandi Ability to Furnish the Audit Firm Personnel Experience n Sco a of R Totais g V squired Services Prke(20 Points) Notes (20 Points) (20 Points) RFP (20 Points) (100 Points) (20 Points) Berger,Toombs,Gaines,& Frank 0 0 Grau&Associates 0 0 Supervisor Martino Ability of Proposer's Undo rstandi Ability to Furnish the Totals Audit Firm Personnel Experience ng Scope of Required Services Price(20 Points) Notes (20 Points) (20 Points) RFP (20 Points) (100 Points) (20 Points) Berger.Toombs,Gaines,& Frank 0 Grau&Associates 0 Supervisor Passalacqua Abdrty of Proposer's Ability to Furnish the Audit Firm Personnel Experience Understands Required Services Price(20 Points) Tote is Notes f70 Pninrcl_. Un Pnintsl no Stnno of on Points) (100 Points) Berger,Toombs,Gaines,& Frank 0 Gray&Associates ----- 0 0 Point Totals 0 0 Thereto. , lriainCedar Hammock CDD 5-14-24 Fra nk 0` IG"` Frank iAssottates Audit RFP Supervisor Bally E _ Ability of Proposer's Understands Ability to Furnish the Audit Firm Personnel Experience1 rig Scope of Required Services Price(20 Points) Took Notes (20 Points) (20 Points) RFP (20 Points) (100 Points) (20 Points) Berger;Toombs.Gaines,& t i Frank 0 6 Grau&Associates _ 0 0 Supervisor Eiiasek 4 , Ability of Propmer's Understands Ability to Furnish the Audit Finn Personnel Experience ng Scope of Required Services Price(20 Points) Totals (100 Points) Notes (20 Points) (20 Points) RFP (20 Points) Berger,Toombs,Gaines.& 20 P 'rats Frank 0 0 Grau&Associates O 0 Supervisor Greeley Ability of Proposers Understands! Ability to Furnish the Audit Firm Personnel Experience ng Scope of- Required Services Price(20 Points) Totals (100POtnb) Not� (20 Points) (20 Points) (20 Points) RFP (20 Points) Berger,Toombs Gaines,& Frank 0 0 Grau&Associates O n' Supervisor Martino Ability of Proposers Understands Ability to Furnish the Audit Firm Personnel Experience rig Scope of' Required Services Price(20 Points) Totals (20 Paints) (20 Points) RFP (100 Points) Notes(20 Points) (20 Points) Berger,Toombs,Gaines.& a20 1� L� /� Frank eaL V IA/]may} /f S/ (`� re 0 Grau&Associates l )1 l`r / ? �J\ j� fFbD I • I Supervisor Passalacqua Ability of Proposers ' _"—T6C1Tre Audit Firm Personnel Experience Understand(' Required Services Price(20 Points) Totals notes On Pnlntcj UriPeintet no Grano of ran Pe.lnfc1 (100 Pants) Berger,Toombs,Gaines,& Frank 0 0 Grace&Associates _ 0 0 E. Point Totals I I O. 0! - Berger, Toombs, Gaines,& Grau& Cedar Hammock CDD 5-14-24 Frank Associates Audit RFP Supervisor Belly Ability of Proposer's Understandi Ability to Furnish the Totals Audit Firm Personnel Experience ng Scope of Required Services Price(20 Points) Notes (20 Points) (20 Points) RFP (20 Points) (100 Points) (20 Points) Berger,TUUrnSS.Gaines,& 0 0 Frank Grau&Associates 0 0 Supervisor Eliasek Ability of Proposer's Understand) Ability to Furnish the Totals Audit Firm Personnel Experience ng Scope of Required Services Price(20 Points) Notes (20 Points) (20 Points) RFP (20 Points) (100 Points) (20 Points) Berger,Toombs,Gaines,& Frank r 0 Grau&Associates 0 u Supervisor Greeley Ability of Proposer's Understands Ability to Furnish the Totals Audit Firm Personnel Experience ng Scope of Required Services Price(20 Points) Notes (20 Points) (20 Points) RFP (20 Points) (100 Points) (20 Points) Barger,Toombs,Gaines,& Z* y 0 .0 I e �0y^-� 0 Frank f"' �fVX Grau&Associates /r 5 +i 1{ 0 * y R Sr A 'jp, 0 / I Supervisor•Martino i-V a Ability of Proposer's Understandil Ability to Furnish the Totals Audit Firm Personnel Experience ng Scope of Required Services Price(20 Points) Notes (20 Points) (20 Points) RFP (20 Points) (100 Points) (20 Points) Berger.Toombs,Gaines,& Frank 0 0 Grau&Associates n 0 Supervisor Passalacqua Abiity of Proposer's Ability to Furnish the Totals Audit Firm Personnel Experience Understandi Required Services Price(20 Points) Notes (7n Pnintcl 12n Pnintul ,no Sennn of On Dnintcl (100 Points) Berger,Toombs,Gaines.& Frank Cr 0 Grau&Associates 0 0 Point'otals 01 — -- .— Berger, ' To roes. Cedar Hammock COO 5-14-24 ono,.s crpu& Freak Asscceses Audit RFP _ Supervisor Bally _ Ability of Proposer's Understandi l Ability to Furnish the Audit Firm Personnel Experience ns Scope of Required Services Prke(20 Points) Totals (20 points) (20 Points) RFP (20 Points) (100 Points) Notes Berger,Toombs,Gaines.& - 110 Points) Frank 0 0 Grau&Associates ! C 0 0 Supervisor Eliasek Ability of Proposer's Un erns I, Ability to Furnish the Audit Firm Personnel Experience n6 Scope of Required Services Totals (20Points) (20 Points) RFP Prfce120Polnb) Notes i (20 Points) (100 Points) _(jQ Poi Berger,Toombs,Gaines,& �}a ^-ta n w 2 4 2 —7t) 0 0 Frank b iV t7 Grau&Associates to (O lb 1 0 1 0 r u 0 Supervisor Greeley I Ability of Proposer's Understandi• Ability to Furnish 010 Audit Firm Personnel Experience ng Scope of Required Services ..Price j20 Points) Totals Notes (20 Points) (20 Points) RFP (20 Pointsl (300 Points) Berger,Toombs,Gaines,& MO f'oMrcs) [ Frank 0 i i --, Grau&Associates - , 0 0 Supervisor Martino i Ability of Proposer's Understands Ability to Furnish the Totals Audit Firm persnnnel Experience rig Scope of Required Services Price 120Points) (20Points) RFP Points) (30DPolrtb Notts (20 Points) ) (10 PolntoL Berger,Toombs,Gaines,& Frank 0 0 Grau&Associates 0 0 Supervisor Passalacqua Ability of Proposer's ( Ability to-Furnish the Audit Firm Personnel Experience Understandl Required Services Price(10 Points) ( Totals Notes 1711 Pnintsl ISO Pointsl ne(ens.of ISO Pain*IA (100 Points) Berger,Toombs,Gaines,& Frank O 0 Gnu&Associates - 0 Point Totals 0 0 Seiler, Toombs. Gaines,0 Grau& Cedar Hammock COD 5-14-24 Frank Associates Audit RFP Supervisor Bally Ability of Proposers UnderMandi Ability to Furnish the Totals Notes Audit Firm Personnel Experience u Scope of Required Services Prise(20 Points) (100 Points) (20 Points) (20 Points) RFP (20 Points) (20 Points) Berger,Toombs,Gaines,& o 0 Frank -- Grau&Associates 0 0 Supervisor Eilasek Ability of Proposer's Understands Ability to Furnish the Totals Firm Personnel Experience Services rK Scope of Required Pik*(20 Points) Not,. (100 Points)(20 Points) (20 Points) RFP (20 Poises) (20 Points) Berger,Toombs,Gaines,& 0 0 Frank 0 0 Grau&Associates . Supervisor Greeley Ability of Proposer's Understand' Ability to Furnish the Totals Audit Firm Personnel Experience ng Scope of Required Services Price(20 Points) Not.. (100 Points)(20 Points) (20 Points) RFP (20 Points) 120 Pokes) Berger,Toombs,Gaines,& o 0 Frank p Grau&Associates 0 Supervisor Martino Ability of Proposer's Understandi Ability to Furnish the Task Audit Firm Personnel Experience ng Scope of Required Servitors Price(20 Pokes) Notes (100 Points) (20 Pokes) (20 Points) RFP (20 Poises) (20 Points) Berger,Toombs,Gaines,& 0 0 Frank •Grau&Associates 0 0 Supervisor Passalacque Ablity of Proposal's Ability to Furnhlr the Totals Audit Firm Personnel Experience Understand) To Required Services Prka(20 Points) (100 als Notes 00 Pniraet Oft PnYraat no across of DO Pnial Berger,Toombs,Gaines,& r 0 0 frank r^0 2 " I/ , )•e,' Z 0 p Grau&Associates Point Totals 11fr f'r )-� d (J 0 0 t,..r..,0 Gat& Cedar Hammock COD S-14-24 tt..tk Asastiste. Audit RFP —... Supervisor Flatly Atlilty of Prepo.e.'s I Ong.st.ndl1 Ability to furl rash I.- Audit Finn ►..wno.l E. tl. .,nt. S .of Roquired So no Ptak.(20 Polntt) TetTotalsts. Selo. (20 PaMb) (2o Points) RFP 120 pants) (100 Potato) Bergs,Toombs,Genial,a 120 Palatal • Frank i s 0 Gnu&Associates P .. I 0 Supervisor Eliasek ' Abikty of Prupos.r's fYda.tandi1 Ability to I uroys the Audit Elm P.rwlrs.l F.porien tag to as Se ofI Required krrvkws ►lib(20 Pohl* Totals IIeW (20 Points) 120 Paints) tit (2o Points) (NO QOpUWI .Barter,Tomb',Gains.& - flank 0 0 Gran 8.A. tat .... , Wd 0 0 Supervisor Greeley Ability of Amperes Undanntyldl Ability to Pomeh the Audit Fkm Personnel EIMAaRoes;la of Stop.ofl R. ked Smite. Ado pa Pant•) Tam' Motet (20 Points) pe Points) 100 (2o Points) (100 PsRNi) Wry.r,Toombs.G.nos,& i 120 Points); .1e Frank Q L Q0 Grw&Ataodatq I $S _ j.d -- �� 0 Supervisor Martino tir5 Ability of Proposo s I Uml.rstars�i r Ability to Furnish the Audit Finn Pomona( Experience nt ltt of Requbad Seeks. link*(20 Points) Totals leas Nolo,. (20 Pekin) (20 Points) NIP 120 Points) (100 Points)! (20 Toombs. rwmt) Berger.Toombs.Gaines.& --- r t Frank U Grau&Assott.t.. 0 lt Supervisor Pessalecque 1&1lI(of hww o '. (`A ,ry — -- —.. Alai Plrtn Pontoons M ttprrte Und.rstand Panned S.rvltoae Prke(20 Points) Totals Non. no,PAY., , MMYt.s mt.Cr«rN (XIP.u.t.l (100 Po1nls) Baer,Toombs,Gaines,& frank „ GIW&2Vtetlat., n 0 -- Point Totals t _ ____(_ .._ 0 0 Memorandum of Understanding Between Inframark Community Management ("Inframark") and Cedar Hammock Community Development District("District") This Memorandum of Understanding ("MOU") sets forth the terms and understanding between Inframark and the District related to payroll processing for Supervisors as well as District employees. Background and Purpose Inframark is implementing the use of automated data processing through ADP for payroll processing. ADP is a proven industry leader in providing payroll, human resources, and tax solutions for over 75 years. ADP is also an industry leader in data security and business protection. Benefits ADP offers benefits for Inframark staff as well as District users. • ADP allows payroll processing that is seamless, including direct deposit, physical checks, and W-2 statements; and it is fully integrated in Inframark's accounting software. • Users have access to a self-service portal, available online or in a mobile app, giving access to information and records. Effective Date Inframark is rolling out ADP for all payroll beginning April 1, 2024. The District currently pays approximately $0 for payroll-related fees. For the remainder of fiscal year 2024, Inframark will absorb the incremental costs associated with ADP if any. Beginning fiscal year 2025 on October 1, 2024, the cost to the District will be approximately $181 per year, which can be included in the Inframark management fee, or can be an additional line item in the budget. Thank you, ,' District Manager Memorandum of Understanding Between Inframark Community Management("Inframark") and Cedar Hammock Community Development District ("District") This Memorandum of Understanding ("MOU") sets forth the terms and understanding between Inframark and the District related to accounts payable software. Background and Purpose Inframark is updating the accounting software, including a more robust accounts payable system, Avid Strongroom ("Strongroom"), which will replace the current Avid system. Benefits Strongroom offers benefits for Inframark staff as well as District users. • Strongroom automates the invoicing process, allows users to approve invoices online, streamlines the approval process, reduces the need for manual entry of invoices which thereby reduces the risk of errors, is scalable for growth, and reduces fraud risk. • Strongroom allows users to monitor invoice statuses, same as before with Avid. Effective Date Inframark has already rolled out use of Strongroom. All emails sent to the previous email address will be forwarded to the new one, lnframarkCMSnpayableslockbox.com, so as to provide a seamless transition. Contact Information for Supervisor/staff training on the new system: Paula.Davis@inframark.com New email to start giving vendors to send invoices to: New email: InframarkCMS(apavableslockbox.com Thank you, District Manager CEDAR HAMMOCK Community Development District Financial Report March 31, 2024 Prepared by: 6I N FRAMARK INPRASTRUCTUR[ MA►IAG[M[MT$tRVKtI CEDAR HAMMOCK Community Development District Table of Contents FINANCIAL STATEMENTS Pages Balance Sheet ............................................. 1 General Fund ................................................ 2-3 SUPPORTING SCHEDULES Cash and Investment Report ............................................. 4 Bank Reconciliation ............................................. 5 Non-Ad Valorem Special Assessment ................................................ 6 Check Register ................................................ 7 -8 CEDAR HAMMOCK Community Development District Financial Statements (Unaudited) March 31, 2024 CEDAR HAMMOCK Community Development District General Fund Balance Sheet March 31, 2024 ACCOUNT DESCRIPTION TOTAL ASSETS Cash-Checking Account $ 136,026 Investments: Money Market Account 1,119,984 Deposits 1,359 TOTAL ASSETS $ 1,257,369 LIABILITIES Accounts Payable $ 19,587 Accrued Expenses 72,327 TOTAL LIABILITIES 91,914 FUND BALANCES Nonspendable: Deposits 1,359 Assigned to: Operating Reserves 56,511 Reserves-Bridges 29,950 Reserves-Bulkheads 29,950 Reserves-Irrigation System 153,860 Reserves-Lakes 32,700 Reserves-Roadways 185,000 Unassigned: 676,125 TOTAL FUND BALANCES $ 1,165,455 TOTAL LIABILITIES&FUND BALANCES $ 1,257,369 1 CEDAR HAMMOCK Community Development District General Fund Statement of Revenues, Expenditures and Changes in Fund Balances For the Period Ending March 31, 2024 ANNUAL YTD ACTUAL ADOPTED YEAR TO DATE YEAR TO DATE VARIANCE($) AS A%OF ACCOUNT DESCRIPTION BUDGET BUDGET ACTUAL FAV(UNFAV) ADOPTED BUD REVENUES Interest-Investments $ 24,577 $ 12,288 $ 31,376 $ 19,088 127.66% Interest-Tax Collector - - 360 360 0.00% Special Assmnts-Tax Collector 446,845 446,845 427,121 (19,724) 95.59% Special Assmnts-Discounts (17,874) (17,874) (16,256) 1,618 90.95% Other Miscellaneous Revenues - - 4,590 4,590 0.00% TOTAL REVENUES 453,548 441,259 447,191 5,932 98.60% EXPENDITURES Administration ProfServ-Engineering 5,000 2,500 9,613 (7,113) 192.26% ProfServ-Legal Services 2,500 1,250 175 1,075 7.00% ProfServ-Mgmt Consulting 44,521 22,260 22,260 - 50.00% ProfServ-Property Appraiser 8,103 4,052 1,575 2,477 19.44% ProfServ-Special Assessment 3,411 3,411 3,311 100 97.07% ProfServ-Web Site Maintenance 761 381 406 (25) 53.35% Auditing Services 5,000 - - - 0.00% Postage and Freight 900 450 159 291 17.67% Insurance-General Liability 8,029 8,029 8,303 (274) 103.41% Printing and Binding 600 300 135 165 22.50% Legal Advertising 2,575 1,287 301 986 11.69% Misc-Bank Charges 100 50 - 50 0.00% Misc-Assessment Collection Cost 8,937 8,937 8,217 720 91.94% Office Supplies 100 50 - 50 0.00% Annual District Filing Fee 175 175 175 - 100.00% Total Administration 90,712 53,132 54,630 (1,498) 60.22% Field ProfServ-Field Management 1,785 893 893 - 50.03% Management Services 2,500 1,250 - 1,250 0.00% Contracts-Water Mgmt Services 7,200 3,600 3,600 - 50.00% Utility-Cameras 1,000 500 - 500 0.00% Electricity-Wells 5,000 2,500 4,240 (1,740) 84.80% Electricity-Aerator 4,000 2,000 1,609 391 40.23% R&M-Lake 3,000 1,500 36,217 (34,717) 1207.23% R&M-Plant Replacement 500 250 - 250 0.00% R&M-Roads 20,000 10,000 15,880 (5,880) 79.40% R&M Bulkheads 5,000 2,500 875 1,625 17.50% R&M-Bridges&Cart Paths 5,000 2,500 - 2,500 0.00% Misc-Contingency 38,745 19,374 55,804 (36,430) 144.03% Capital Outlay 40,000 20,000 4,068 15,932 10.17% 2 CEDAR HAMMOCK Community Development District General Fund Statement of Revenues, Expenditures and Changes in Fund Balances For the Period Ending March 31, 2024 ANNUAL YTD ACTUAL ADOPTED YEAR TO DATE YEAR TO DATE VARIANCE($) AS A%OF ACCOUNT DESCRIPTION BUDGET BUDGET ACTUAL FAV(UNFAV) ADOPTED BUD Reserves-Irrigation System 153,272 76,636 - 76,636 0.00% Reserve-Lakes 52,917 26,459 - 26,459 0.00% Reserve-Roadways 22,917 11,459 110,561 (99,102) 482.44% Total Field 362,836 181,421 233,747 (52,326) 64.42% TOTAL EXPENDITURES 453,548 234,553 288,377 (53,824) 63.58% Excess(deficiency)of revenues Over(under)expenditures - 206,706 158,814 (47,892) 0.00% Net change in fund balance $ - $ 206,706 $ 158,814 $ (47,892) 0.00% FUND BALANCE,BEGINNING(OCT 1,2023) 1,006,641 1,006,641 1,006,641 FUND BALANCE,ENDING $ 1,006,641 $ 1,213,347 $ 1,165,455 3 CEDAR HAMMOCK Community Development District Supporting Schedules March 31, 2024 CEDAR HAMMOCK Community Development District Non-Ad Valorem Special Assessments (Collier County Tax Collector-Monthly Collection Distributions) For the Fiscal Year Ending September 30, 2024 ALLOCATION Date Net Amount (Discount) Commission Amount General Fund Received Received Amount Amount Received Assessments Assessments Levied For FY 2024 $ 446,849 $ 446,849 Allocation % 100% 100% 10/30/23 $ 2,917 $ 168 $ 60 $ 3,144 $ 3,144 11/06/23 $ 5,262 $ 224 $ 107 $ 5,593 $ 5,593 11/16/23 $ 43,671 $ 1,857 $ 891 $ 46,419 $ 46,419 11/20/23 $ 68,400 $ 2,908 $ 1,396 $ 72,704 $ 72,704 11/24/23 $ 42,092 $ 1,790 $ 859 $ 44,741 $ 44,741 12/06/23 $ 155,215 $ 6,599 $ 3,168 $ 164,982 $ 164,982 12/12/23 $ 33,607 $ 1,378 $ 686 $ 35,671 $ 35,671 12/22/23 $ 7,489 $ 248 $ 153 $ 7,890 $ 7,890 01/10/24 $ 22,297 $ 693 $ 455 $ 23,445 $ 23,445 02/08/24 $ 15,033 $ 320 $ 307 $ 15,659 $ 15,659 03/06/24 $ 6,666 $ 73 $ 136 $ 6,875 $ 6,875 TOTAL $ 402,648 $ 16,256 $ 8,217 $ 427,121 $ 427,121 % COLLECTED 95.59% 95.59% TOTAL OUTSTANDING $ 19,727 $ 19,727 4 CEDAR HAMMOCK Community Development District All Funds Cash and Investment Report March 31, 2024 General Fund Account Name Bank Name Investment Type Maturity Yield Balance Checking Account- Operating Valley National Bank Gov't Interest Checking n/a 5.38% 136,026 Money Market Account BankUnited Public Funds MMA n/a 5.15% 1,119,984 Total $ 1,256,010 5 BankFriday,April 12,2024 Account Statement Page 1 Cedar Hammock CDD SMACGREGOR Bank Account No. 2555 Statement No. 03-24 Statement Date 03/31/2024 GL Balance(LCY) 136,026.16 Statement Balance 139,928.51 GL Balance 136,026.16 Outstanding Deposits 0.00 Positive Adjustments 0.00 Subtotal 139,928.51 Outstanding Checks -3,902.35 Subtotal 136,026.16 Negative Adjustments 0.00 Ending Balance 136,026.16 Ending G/L Balance 136,026.16 Document Cleared Posting Date Type Document No. Description Amount Amount Difference Outstanding Checks 03/19/2024 Payment 2751 Check for Vendor V00084 -875.00 03/26/2024 Payment 2755 Check for Vendor 5 -2,427.35 03/26/2024 Payment 2756 Check for Vendor V00085 -600.00 Total Outstanding Checks -3,902.35 Outstanding Deposits Total Outstanding Deposits 6 0 p CO co 0 p 0 p CO)n N co CO ) 0 p cn U) 0 p O O p O) p) N N O) c, N U) O) O) O p O p Ora N O O CO n) O O O O p N co CO co CO co C 1n )c CO O p N h O co C'1 N' U) 03 O p I- 1- O p O I- i a er O i N N 7 V co M 6) 69 O O r N a m N CO co 0 O N N O p O N. I. a R a 7 o d 07 O) n r. cocc, N U O) CO cv, N U a e} 6D ) CO 1= U) 69 tq NV 0 69 U)) Q69 ea te v) 6M9 69 6Nq H Nw CO-M C) C) 69 " n To io is io 4as a) a) m ea m o o -fa t1- I-. I-- I-- I-- N I-- I-- I� Fes- 1°- II': F�- c Y Y Y Y Y Y Y Y -)a Y x X Y 7 o U o U o U o U O o o U o U o O O U O U o o U o U o U o U U CO al CO W O) N CO O)CO W O) W a) CO d CO al O M d W a) Q) d Q) W ¢ M M M r M M M M M M M M cn U N U in U u) U U))n 7 O U)1 O co O U` O co O in in O in U to U cn U J (7 aS N I�cD-A- CV C) ,31 � r- N N 8 O N CO O coM a a s m U In (� O O O O O O O) O O O O O O O co CO O) O a (O UO M M M M a a M M M a a M co a s a a a in in In In In CO U In In In In N U) In to co 2 u U C a) C U_ 2 m C C a c m U) a) r. Ec a) 7 a, a) ai rn a o E a) C L C O C 0, J a) d W (3,2 N C a) N l6 N N O W 'o C.o U) c m 715 ¢ ¢ U W C a) L lL> C N C W a) y y C a) N .)JL « « « c d co 7 2 Z 2 0 o u U) CO u u u > a) O) J m N N a) 0 IY a) E J J I— C to n CO CO CO m C 2 TJ t V a` a° ea et) a`a`a` a w a` v m 0- a w N w wa re w F O H I CO 0 U ¢ > N U ZF coy Z N N N N as 17- a CO - 0 m c as a a. C d a oN Q ❑ N NON OJ NY CO U a CO CO CO WI- ❑Z a.< 0 OO W MO w❑ Q mW W W w w Q Y 7n N N N O o ? Zi ` a J ¢W ��� 00 Zo J o ❑ O¢ ❑ W —x w = Y C ` m a a N: a>,,a U a N Q E 0 Fw J www n / U V 0 Wcn UW o cc, UU U` CD C2 y a U) UJ CO Z Z Z N J Z J _ N U CO I— in e") O a 0C w < z w w w 0 ¢ c2 o ¢ J vo a co Wco ¢ rn N N Z ‘a O U W UC C C co Wm Z mm0D a!) 4 C '� ZQQQOZZ ¢❑ ¢iLb oin U) CO N O y 0 ❑ W < W aN w— n cn I.- CO > wr 0a ¢ N F N N �2r a0 in N 0- 0 CI- G CO ❑❑ NoN I- D NN o 00 N N N 0W QwJ COW < 0- 7 0 0 0 0 ..0"" < N 0 a 8 ch 8 0 w 2 rn co < < Q he O x0 x 2 0 U_ ci ¢ 0 ¢ O Z N_CO N_ O la- 2 a)U 1 8 o aN0 N ON1 Q C 0 O N CO CO W ��{{ CO ❑U N O CO N 4 N cocc) 1- a co o coMM N co co U O)Q) a N O a N N CO a s COLID LO O 0 (`O') O) N a0 N CO M 0 O o d/ U Z CO CO Q U H U U W > CC ¢ CC CC 0 v w F WW CO 0 J CO CO co Z > 2 0_ 0 Z_ Z m E W OU ❑ — 0- 0 W W a w 0 Z -J Q LL _I_I_I CO W Z Ur ¢¢ Y 0 Y Y Y 0 F 3 O co 2 U g 222 U) m m w 0-0- 0 0 0 0 W co W 0 Y W W U_ IL IL IL Z m Z CD A Z Z Z Z F m CC NCO U 0_ IL a a a a a a a a a a a a s a a a 4f N N N N N N N N N N N N N N N N R m o)m m m m co co co co co co 0 \"' O O O N N N N Q M M M M M M M co a) a) co co co a) M 4,) 0 o O O o O O O O O O O o 0 O O o O CII. co a In coco C N N N N N N N N N N 0 0 0 7 w W it ittt a tt it it St it St it it at Y Y Y Y Y Y Y Y Y Y Y Y Y Z U o U o U o U o V o 0 o U o V o U o U U U U U W w o w o w o w o w o 0 0 w o W W W o w o o W o W o W o xU xU xU xU xU xU xU xU xU xU xU xU x 0 CD co CO N N CO (co O) a) Om), pa) m m C nri 0 N co N N (O co ,- N N nri O A N (y CO yj U) yj U) tF E a v e Q U) N M 49. W To ToA A :2# F- m aYY . Y Nu OU mU U_ V co Oi O) co 0) m= ut toQ co U U co( O Lc) U t -J d I— U o co 0 co 'a o CO CO C CO C ✓' v v v 0 o to N no no (L F- C O a U to m 0 `O o` O` J 0 0 (0 W Q > < Q O > U U U V F C C C C Ti;.' U --'0'V w w Lt.; re i.. N C I'' a v v v N NIN N W o 0 0 0 S C h M M (') cr. O o o O O 0. C 74 4 4 O N Q N N N N N N N- N- J H O O 0 N W v M p 00 0 0 0 0 > > oZ c 0 ❑a ❑a ❑ Ill U ca a a > a � " Q Eo( > > > > ', ) o O. u) cn (n U) N I ii CC N co co co N O Z O U 0 N to aIN 7 w >„ C n - O C N f co O G O V V co co C T # # # # G0 es I— I— H d L CO U U C.) U Q < < Q li I O U I U I 0 I 0 a a a a Z ono no CV CV U) V n N .4- (OO CVO (O C > C C 4 N N N Ct i O O O O co O co 0 re Q G W V d d co I 2 I 2 U U 0 0 < Q < < J J J J a a a a u_ U U u_ ✓ v v v U N N CV N_ ALO no no V CIN co cc) co (') o O o O m N. co m C co co co co Z co co co co O O O O C 0 ❑ 0 0 0 0 0 ❑ u. # # # # Y Y Y Y 2 0 2 0 2 0 2 0 0 0 0 0 The information below is strictly a summary based on information from the Florida Division of Elections Website. Any specific concerns should be addressed with the Candidate's local Supervisor of Elections Office. Qualifying to Run for Office 2024 Qualifying Period Noon, Monday, June 10, 2024—Noon, Friday, June 14, 2024. Filing Documents The candidate will file the following documents to qualify: • DE-DE 84— Statement of Candidate. • DS-DE 9 —Appointment of Campaign Treasurer and Designation of Campaign Depository or Affidavit of Intention (Special District Candidate who does not intend to collect contributions or make expenditures). • Voter Data File (Optional). Qualifying Fee $25.00 — Can be paid by personal funds if not opening a campaign account (cash or personal check). Qualifying by Petition 25 valid petitions. $0.10 fee for each petition process. Qualifying fee required if petition requirement not reached. Petition Form DS-DE 104 Candidate Petition. Petition Deadline Noon, Monday, May 13, 2024. Qualifying Documents • DS-DE 104 Candidate Petition. • Form 1 Statement of Financial Interest. The deadline to submit petitions to the Supervisor of Elections is Noon, Monday,May 13,2024. (Candidates must still qualify during the candidate qualifying period.) Please note that petitions may be submitted prior to the deadline. The District shall publish a notice of the qualifying period set by the Supervisor of Elections for each election at least two weeks prior to the start of the qualifying period. Contact the Supervisor of Elections for more specific information on qualifying by petition. Collier County Supervisor of Elections 3750 Enterprise Avenue Naples, Florida 34104 (239) 252-8683 www.supervisor.elections(a�colliervotes.gov NOTICE OF QUALIFYING PERIOD FOR CANDIDATES FOR THE BOARD OF SUPERVISORS OF THE CEDAR HAMMOCK COMMUNITY DEVELOPMENT DISTRICT Notice is hereby given that the qualifying period for candidates for the Office of Supervisor of the Cedar Hammock Community Development District will commence at noon on June 10,2024,and close at noon on June 14,2024. Candidates must qualify for the Office of Supervisor with the Collier County Supervisor of Elections located at 3750 Enterprise Avenue, Naples, Florida 34104 (239) 252-8683, www.supervisor.elections(a,colliervotes.gov. All candidates shall qualify for individual seats in accordance with Section 99.061,Florida Statutes, and must also be a qualified elector of the District. A qualified elector is any person at least 18 years of age who is a citizen of the United States, a legal resident of the State of Florida and of the District, and who is registered to vote with the Collier County Supervisor of Elections. Campaigns shall be conducted in accordance with Chapter 106, Florida Statutes. The Cedar Hammock Community Development District has two Seats up for election, specifically Seats 4 and 5. Seats 4 and 5 carry a four-year term of office.Elections are nonpartisan and will be held at the same time as the General Election on November 5, 2024, in the manner prescribed by law for general elections. For additional information, please contact the Collier County Supervisor of Elections. Justin Faircloth District Manager CANDIDATE PETITION Notes: -All information on this form becomes a public record upon receipt by the Supervisor of Elections. -It is a crime to knowingly sign more than one petition for a candidate. [Section 104.185, Florida Statutes] -If all requested information on this form is not completed, the form will not be valid as a Candidate Petition form. I, the undersigned,a registered voter (print name as it appears on your voter information card) in said state and county,petition to have the name of placed on the Primary/General Election Ballot as a:[check/complete box, as applicable] ❑Nonpartisan ❑No party affiliation ❑ Party candidate for the office of (insert title of office and include district,circuit,group,seat number,if applicable) Date of Birth or Voter Registration Number Address (MM/DD/YY) City County State Zip Code • Signature of Voter Date Signed(MM/DD/YY) [to be completed by Voter] Rule 1S-2.045.F.A.C. DS-DE 104(Eff.09111) Melissa R Blazier Supervisor of Elections Collier County, Florida April 15, 2024 Ms Sandra Demarco Cedar Hammock CDD 210 N. Univeristy Drive Suite 702 Coral Springs, FL 33071 Dear Ms Demarco, In compliance with 190.06 of the Florida Statutes,this letter is to inform you that the official records of the Collier County Supervisor of Election indicate 606 active registered voters residing in the Cedar Hammock CDD as of April 15, 2024. Should you have any question regarding election services for this district please feel free to contract our office. Sincerely, 12 David B Carpenter Qualifying Officer Collier County Supervisor of Elections 3750 Enterprise Avenue Naples FL 34104 (239) 252-8501 Dave.Carpenter@colliervotes.gov Notice of Meetings Cedar Hammock Community Development District The Board of Supervisors of the Cedar Hammock Community Development District will hold their meetings for Fiscal Year 2025 on the second Tuesday of the month at 2:00 p.m. at the Cedar Hammock Clubhouse, 8660 Cedar Hammock Boulevard, Naples, Florida as follows: October 8, 2024 November 12, 2024 December 10, 2024 February 11, 2025 March 11, 2025—Tentative Budget Adoption April 8, 2025 May 13, 2025 —Budget Public Hearing The meetings are open to the public and will be conducted in accordance with the provision of Florida Law for Community Development Districts. There may be occasions when one or more Supervisors may participate via phone. Any interested person can attend the meeting at the above location and be fully informed of the discussions taking place. Meetings may be continued to a date,time and location to be specified on the record at the meetings without additional publication of notice. A copy of the agenda for these meetings may be obtained from the District Manager's Office, 210 North University Drive, Suite 702, Coral Springs, Florida 33071, (954) 603-0033, or by visiting the District's website at http://www.cedarhammockcdd.com. Additionally, interested parties may refer to the District's website for the latest District information. Pursuant to the provisions of the Americans with Disabilities Act, any person requiring special accommodations at these meetings because of a disability or physical impairment should contact the District Manager's Office at least forty-eight(48)hours prior to the meeting. If you are hearing or speech impaired, please contact the Florida Relay Service by dialing 7-1-1, 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 these meetings is advised that person will need a record of the proceedings and that accordingly,the person may need to ensure that a verbatim record of the proceedings is made, including the testimony and evidence upon which such appeal is to be based. Justin Faircloth District Manager INFRAMARK INFRASTRUCTURE MANAGEMENT SERVICES Cedar Hammock CDD April 12th, 2024 — Field Management Report i. , , • . ..! ,. .,,• tr — t • I2,/,f/ ' ,I , ilit4'‘. 1 vi 4 Ti.• i 14. s 1110k ::•:-: k , 0 (1 ; -- , r; _! -1 .•;:, - 4 ., ‘.gib .• ,it'• t •ri -1 " fr • . .• . ,-. ..•.,:t: 4. • t, - ----Ar ,• •,.s,. . . , , .s. .. „ v iltep . A. , . . 41, o4g4.• ..z,or- •"' • - . i .. • -,4, 1 . ..-+ • , ',.....- . • , : .." . ' ) • '-'-7::, '. .-• -• ' - - c ' '•; “ . it ... air . r ti ;teln.1.:11;1 .......... y . Ick 11 .• .. v ..- ) ;.,,,,t :. . • I: I crouA COUPOWITU.11 . . • _ - f,I 4' ' '''''`..k;, , • ''' ' ; • , ;',--4• .a .. • 1 .1,1. 4-• • "I..-1. „T 7.:. . . .4.,'. '..*: 4-, • ' .4"':. •"•','4 - "'•*4 - '.'' - .4. -•j, • ',-'1 ' ' . — i'l•t- - .-..-N• ....•-• •-• " • •f,- ••slewv:.--.+e I. •• - , 1-‘ -.. ..: . - , • a -_,:. ,......,..,•',...16...1. . - .0.- ..1• • - .... ,-, - .# .,.,,,. ,...... ...... 4, . .ow, ivr-; • - -01,6,..14.34'''_..:h...' , It, „1„..... a, , .:t.i.- 1/2.-I ...:116jYrie...":....t •r .. . i, „.... .11191rAta, ,gy...., (tit tr. Ariti, .... 1: ...- - ....•-•I, '' ..._,_- .., ,, .!..r .1..5- . ._ 7.•- ." • . • i ', 10* • •-• -:--i•tr ....,A, ' ' •*!-Ilw'•t:' ir,4 ''- `•NA - i •* t -I. ;70 .4•u• . . •,lc, • .- . ...:::, ..11.• 'is • w s 1 • - www.infra ma rkims.com Inspected by:Jacob Whitlock 1. Lake Management The lake water levels were high for this time of the season.The conservation areas were mostly dry at the time of the inspection. Additional lake maintenance information is found below; all lake issues are low density unless otherwise noted. a. Aeration/Fountains: i. Aeration: No issues observed.All aerators appeared to be working.This included the newly installed aeration on lakes 14 and 15. f.x y.?ma .-.y -•i i`�.�. ii. Lake Fountains: No issues observed. Fountains not running at the time of inspection. iii. Algae on Lakes: Algae was observed in all lakes. Notably on lakes 2, 3,4, 6, 14,and 15. SOlitude advised that treatment is due in the district. Next treatment scheduled for 04-16- 24. 7t �' 7r_ te.:` r ti a 41. • jC , , Iti,4. :41,4...4.,:4;,-„,":..i.,te 4;5-:k., .4,,,c......:4411:4314,4„: ,‘,.ti..w.,,,,c,.3.-14..A---- • } ,�' ' °�_ P"..'. ; ,f,fix M! f y' as -7. _ _ 3.. rr b. Littorals: i. Littoral plantingsu look healthy on lake 5. it0041111;:-.:', W. ...f 'teii ii. Lake 7: Littoral plantings look healthy on lake 7. e- 11 '' ai, ..I• ar, •IP•rer, t .. . . . , `' - ....- - , — ,-.:... 4.. . , -„,...., Ami z_ f may. - c. Rocks. No issues observed. d. Weeds: i. Alligator weed in Lakes: No issues observed. ii. Cattails in Lakes: No issues observed. 2 iii. Climbing Hemp Vine in Lakes: No issues observed. iv. Dollar Weed in Lakes: No issues observed. v. Hydrilla in Lakes: No issues observed. vi. Muskgrass(Chara) in Lakes: Lakes 5,8,9, 14, 15. Solitude due for treatment visit on 04-16-24. ,.,.i .2 t s by ( iP vii. Palms on Lake Banks: West bank of lake 4. • viii. Sedges in Lakes: No issues observed. ix. Spatterdock/Lily Pads in Lakes: No issues observed. x. Torpedo Grass in Lakes: Lakes 3, 5, 8, 14,and 15. 3 f. Grass Clippings in Lakes: No issues observed. g. Trash in Lakes: No issues observed. h. Illicit Discharge: No new issues observed. 2. Lake Bank Erosion Lake 4. Erosion on the west side of lake 4. - ifik, . -..,:. ---....-.1, _-, . ....., 4 Y1�h'- N aAl Lake sr- i. Erosion on south side of lake 5. Possible cause is downspouts. Behind 3rd building on the south bank. Reported to district engineer. s g ;(44.- _ .. . P .„..x.. .. .... iolz.i. . ... eiar ,;,,i„,,,, „1;e, 4 _ '-�•1•. 4 .� ` .' � - �N _ -4,:4. ,�� i1 A{ r,*'. � "jam ' (!' i,�t,4-•y..�7-t-. :y^ • i{�! X 'aim'''. t , , ,w ii. North lake 5 (behind 3638 Cedar Hammock Ct.) There is a drain with what appears to be holes drilled into it.There is wash out around this area. • p� S �4 n Yr:,, + IBC r.0. LA•FJ y k,er.,- : iliiiizif`i, .' .,..;::'.!-,,...,. . ^ii t11 J'p^� h yin .r' qtari'lArA• - - --• -- 1 _� ir • 7 c -s ti \ s f ,cI .. �- , 1 z 5 lakes Erosion on southwest bank of lake 6. Reported to district engineer. • it Ilt\s; ... k eli.. b. • A . 1. . • [ , 4 3. Gatec a. No new issues observed. IFNI b. Rear exit gate to collier Blvd. No issues observed. 6 1 illi •N4{►)411i1 ;.t'dl,ki z- .f r 4. Guardhouse a. Lighting fixture appears to be missing from the Southeast corning of the building soffit. No other issues observed. •♦ i, y. 'i 1 j :of III i 00 , oil, Y i ;p •! F 2 5. Pier No issues observed. 7 �d `, be fin. 4 rJ. t ....* 4's , _ Y.51.7 - — - ..sS\\‘'\ A . — - ._•tome){ ' 6. Preserv€ No issues Observed. Superior Waterways is scheduled to perform preserve maintenance in May. it 4 . ...-1-1, ''',;.1c-„.4 ..--'rz'- ' P ' ;, k 4.6 ;'.,* v, . .. ki** l',..:, ,.4 ' r ,,� ". • it s, a. Plants i. Air Potato: Noted on palm trees near the pier on lake 7. F i ';vie, i iliwi_----, - . . -- —--: ii. Balsam Apple: Minimal issues observed. iii. Caesar's Weed No issues observed. b. Trees 8 i. Brazilian Pepper No issues observed. ii. Long Ear Leaf Acacia: Overall improvement is noted.Seedlings were observed in Preserve behind Lake 8. Continued monitoring is needed to prevent further seed source going into the district's preserves. '' to T� ' .. I. yn I ter. '?''� r 4, >> .VI tt '.t Ij ` -I 4 (1o ~ Y . . ' ;► x . . .r ;-, ... f '4,.� Y. r y L ' I ll -- ..... _ . . . ,.. _ . , A r ..... ._, iii. Melaleuca: No issues observed. c. Trash in Preserves: No issues observed. 7. Roadways i. Street indicators lines and indicator markings have been painted since last inspection.This job is not complete currently. Working with McShea contracting to complete this work asap. a. Fire Hydrants No new issues noted during inspection. b. Crosswalks- No new issues noted during inspection. c. Gutters; No new issues noted during inspection. d. l itht Pole,, Pole bases near lake 2 and tennis courts have been repaired and reinforced.Area around the poles has been cleared of grass to avoid future damage to pole from trimmers and edgers. -r;: ' '4M ti: ';" 11614C4it:'kr" ' I. k 4,41 ,,,,,..:, „,i,41.r.,.: . 1 :-. ---'.-AY ' "16 '''' •':•••4' 4''t 'rt:144•-'• '--.^".;• . .; . - • "t++k '4r yt: � \ rF i ��^lCaF,r.. .. .. b 'Y Y yry --.*-7:,' F r �� . �;•.t'.44 ,. ti *' •yyl vf'i ' k '41" I47,,�!� h a • �, � 11N a t - '. fP r 'f ‘,; 0ta� � 'iSF'!tl.a tic 1 'S 'LdW', 9 e. Pavers. New paver installation was noted and documented. f. Right of Way Plantings: No issues observed. g. Roadway Surface. Continuing to monitor cul-de-sac of Sawgrass Way as the pavement appears to be cracking and delaminating. h. Signage: No issues observed. 8. Sidewalks/Walking Path a. Sidewalks: No issues observed. b.Walking Path: No issues observed. 9. Stormwater System a. Bulkheads: i. Lake 1 The issue on the driving range wooden bulkhead does not appear any worse at this time, however,the area should continue to be monitored for movement. f› • r xS. b. Bridges: No issues observed. C. Canals No new issues observed d. Catch Basins No new issues noted during inspection. 10 e. Drains: I. No issues observed. f. Interconnect Pipes: No issues observed. g. Overflow Weirs/Control Structures: I. The structures were not flowing. 10. Wells/Irrigation a. Pump House: Interior of Pump House appears to be clean and well maintained. Recharge wells are clean and appear to be in good working order. t IT 41" ;\ I . .\\Ici r rfik': • v::_. ; J ► low— s •r _ _mpii ...., ..,.,w�_ ,,.. , , ....,... '.. .. 1 3 . Obitafr 41141 if i I'11,jp. ,.... ,,=0 i Alio, I iv, 0 r I ..,,,, .iik 1 lf „, f1/114 \ •••• • .digoodier: y In ( ' '_ 4 ilip 0. If i.... 1il , i ; , !,- k Ikl ..1116 it 41P 'P11'1 ' .-• 11 Well W-6: No issues observed. 11. Residential Complaints/Concerns No issues reported. 12. Fish/Wildlife Observations: M Bass Bream Catfish Gambusia n Egrets Fj Herons Coots Gallinules M Anhinga Fj Cormorant Osprey M Ibis Woodstork n Otter Alligator n Snakes Turtles n Other Species: Rabbit r f ,sue-- •+ 7 4 V '. F'3 �, ' r ' xfi Ah `^ _ _M W .f �' - . . iit . , t_"_ -ice.- ` `'J� ji, y , �. F i •t i ?� + . +i ..... ..r _ -, i■ ,._ 13. Non CDD Items The tennis court intersection pavement has multiple crack and splits. There was evidence of animal digging around the tennis courts. 12 ) / ,,..„ 1 ` . .. \ . , il s 0\ t ri jrBS , ' x ' iA4 ;, < �a r 'u, • H 1 k • ;- , 13