Loading...
04/10/2025 Agenda Quarry Community Development District Board of Supervisors Staff: Dean Britt,Chairperson Justin Faircloth,District Manager Gregg Wrap,Assistant Secretary Wesley Haber,District Counsel Thel Thomas Whitley,Jr.,Assistant Secretary Albert Lopez,District Engineer William Patrick,Assistant Secretary Mel Stuckey,Assistant Secretary Meeting Agenda Monday April 14,2025 at 1:00 p.m. Quarry Beach Club 8975 Kayak Drive,Naples,Florida 34120 1. Call to Order and Roll Call 2. Pledge of Allegiance 3. Approval of Agenda 4. Public Comments on Agenda Items - Three- (3) Minute Time Limit 5. Approval of the Minutes of the March 10,2025 Meeting 6. Acceptance of the Financial Report,and Approval of the Check Register and Invoices as of February 2025 7. Business Items A. Credit Card Policy Discussion B. Collier Environmental Services—Littoral Planting Proposal C. Collier Environmental Services—Signage Installation Proposal 8. Staff Reports A. District Counsel B. District Engineer i. Glase Golf Update a. Phase I Project& Phase II Project Closures ii. Phase III CPH Update iii. Follow Up Items a. 9343 Fieldstone Lane Drainage Review iv. Variance Updates a. 9273 Quarry Drive C. District Manager i. Discussion of Fiscal Year 2026 Budget (To Be Sent Under Separate Cover) ii. Follow-Up Items a. Open Action Items List 9. Supervisor Comments 10. Audience Comments 11. Adjournment 12. Board Workshop The next meeting is scheduled for Monday,May 12, 2025, at 1:00 p.m. Inframark,Community Management Services Quarry Beach Club 11555 Heron Bay Boulevard,Suite 201 8975 Kayak Drive Coral Springs,Florida 33076 Naples,Florida 34120 (954)282-0070 (239)348-7326 www.quarrycdd.org * LocaliQ Florida PO Box 631244 Cincinnati,OH 45263-1244 GANNETT NOTICE OF MEETINGS AFFIDAVIT OF PUBLICATION QUARRY COMMUNITY DEVELOPMENT DISTRICT The Board of Supervisors of Quarry Quarry Community Dev Dist Special Ser Community Development District will hold their meetings for Fiscal Quarry CDD -Inframark Yeor 2025 on the second Monday of every month as listed below at 1:00 210 N University DR,Suite#702 p.m.at Quarry Beach Club located at 8975 Kayak Drive, Naples, Coral Springs FL 33071-7320 Florida 34120,with the exception of July in which there will not be o meeting,os follows: October 14,2024 November 11,2024 STATE OF WISCONSIN,COUNTY OF BROWN December o ua vei3..'�5 February 10,2025 March 10,2025 April 14,2025 Before the undersigned authority personally appeared,who May 12,202pApovaallive Budget June 9,2025 on oath says that he or she is the Legal Advertising August 11,2025 Budget Public Hear. ing Representative of the Naples DailyNews,a newspaper September 8,2025 P pThe meetings are open to the public published in Collier County, Florida;that the attached copy and h will pove isionreoftaFloridad for Community Development of advertisement,being a Legal Ad in the matter of Govt Districts. There may be occasions when one or more Supervisors may participate via phone. Any inter, Public Notices,was published on the publicly accessible ested person can attend the meeting at the above location and be fully website of Collier and lee Counties, Florida,or in a informed of ?lie discussions taking place.Meetings may be continued to newspaper by print in the issues of, on: a date,time and location to be speci- fied on the record at the meetings without additional publication of notice. 09/23/2024 A copy of the agenda for these meet- legs may be obtained from the District Manager's Office,210 North University Drive, Suite 202, Coral Springs, Florida 33071, (954) 603, 0033. or by visiting the District's Affiant further says that the website or newspaper complies website at https:Uwww.quarrycdd.org/. Addi- with all legal requirements for publication in chapter 50, refer to. interested parties may tiler to the Desisted partite for Florida Statutes. 'Purrsua District toll the provisions of the Americans with Disabilities Act,any Subscribed and sworn to before me, by the legal clerk,who pardon requiring special accomm dodoesof at these meetings because of is personally known to me, on 09/23/2024 a dal should condblllty nr ct the District Manager's Office at least forty-eight ..,�..�..,�..�, (48) hours prior to the meeting. If you ore hearing or speech impaired, please contact the Florida Relay Service by dialing 7-1.1,or 1.800.955- Le a irk 8771 (TTY)7 1-B00-955-8770 (Voice), g 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 wilt need a otary, tate o ,CO my rown record of the proceedings and that accordingly,the person may need to ensure that a verbatim record of the /��� testimony made, including the tasfl .and evidence. I woncludi which such appeal is to be based. My commission expires Managealrtlath r No.10585332 Sept.23,2024 Publication Cost: $311.68 Tax Amount: $0.00 Payment Cost: $311.68 Order No: 10585332 #of Copies: Customer No: 1125615 1 PO#: fiscal meetings TIIIS iS NOT AN INVOICE! Please do not use this form for payment remittance. NANCY yrEYRMAN Notary Public State pf Page 1 of 1 Wisconsin QUARRY Community Development District GENERAL FUND The primary operating fund that receives all revenues not earmarked for specific purposes and supports general government services. DEBT SERVICE FUND The Debt Service Fund is used to account for the accumulation of resources and the payment of principal and interest on a government's long-term debt. CONSTRUCTION FUND The account specifically identified in the indenture to hold funds which are currently available for expenditure to acquire or contruct public facilities eligible under the Act. Quarry Community Development District Financial Report General, Debt Service, & Construction Funds October 1, 2024-February 28, 2025 6INFRAMARK INFRASTRUCTURE MANAGEMENT SERVICES QUARRY Community Development District Table of Contents FINANCIAL STATEMENTS Balance Sheet-All Funds Page 1 Statement of Revenues, Expenditures and Changes in Fund Balance General Fund Pages 2-3 Quarry Debt Service Fund Page 4 Capital Projects(FEMA)Fund Page 5 Trend Report-General Fund Pages 6-7 Notes to the Financial Statements-General Fund Page 8 SUPPORTING SCHEDULES Special Assessments-Collection Schedule(s) Page 9 General&Debt Service Funds Cash and Investment Report All Funds Page 10 Bank Reconciliation-General Fund Page 11 Series 2020(FEMA Project) Pages 12- 15 Cash Flow Analysis-General Fund Page 16 Payment Register by Bank Account-All Funds Page 17-18 Quarry Community Development District Financial Statements (Unaudited) October 1, 2024 - February 28, 2025 QUARRY Community Development District General, Debt Service, Construction Funds Balance Sheet As of February 28, 2025 304-SERIES 2020 204-SERIES 2020 CAPITAL QUARRY DEBT PROJECTS(FEMA) ACCOUNT DESCRIPTION GENERAL FUND SERVICE FUND FUND TOTAL ASSETS Cash-Checking Account $ 1,427,907 $ - $ - $ 1,427,907 Cash with Fiscal Agent - 86,868 - 86,868 Accounts Receivable 28,736 - - 28,736 Due From Other Funds - 86,868 - 86,868 Investments: Money Market Account 995,887 - - 995,887 Construction Fund - - 1,836,033 1,836,033 Revenue Fund - 1,772,289 - 1,772,289 Prepaid Items 1,010 - - 1,010 TOTAL ASSETS $ 2,453,540 $ 1,946,025 $ 1,836,033 $ 6,235,598 LIABILITIES Accounts Payable $ 14,647 $ 86,868 $ - $ 101,515 Accrued Expenses 100,106 - - 100,106 Contracts Payable - - 337,404 337,404 Retainage Payable - - 40,353 40,353 Due To Other Funds 86,868 - - 86,868 TOTAL LIABILITIES 201,621 86,868 377,757 666,246 FUND BALANCES Nonspendable: Prepaid Items 1,010 - - 1,010 Restricted for: Debt Service - 1,859,157 - 1,859,157 Capital Projects - - 1,458,276 1,458,276 Assigned to: Operating Reserves 175,439 - - 175,439 Reserves-Other 200,000 - - 200,000 Unassigned: 1,875,470 - - 1,875,470 TOTAL FUND BALANCES $ 2,251,919 $ 1,859,157 $ 1,458,276 $ 5,569,352 TOTAL LIABILITIES&FUND BALANCES $ 2,453,540 $ 1,946,025 $ 1,836,033 $ 6,235,598 Page 1 QUARRY Community Development District GENERAL FUND Statement of Revenues, Expenditures and Changes in Fund Balances October 1, 2024- February 28, 2025 ANNUAL YTD ACTUAL ADOPTED YEAR TO DATE AS A%OF FEB-25 ACCOUNT DESCRIPTION BUDGET ACTUAL ADOPTED BUD ACTUAL REVENUES Interest-Investments $ 4,000 $ 46,083 1152.08% $ 7,789 Golf Course Revenue 114,945 57,473 50.00% - Interest-Tax Collector - 1,770 0.00% - Special Assmnts-Tax Collector 814,044 772,208 94.86% 18,588 Special Assmnts-Discounts (32,562) (28,434) 87.32% (384) Other Miscellaneous Revenues - 1,000 0.00% - TOTAL REVENUES 900,427 850,100 94.41% 25,993 EXPENDITURES Administration P/R-Board of Supervisors 12,000 4,600 38.33% 1,000 FICA Taxes 918 352 38.34% 77 ProfServ-Arbitrage Rebate 600 - 0.00% - ProfServ-Engineering 45,000 4,261 9.47% - ProfServ-Legal Services 21,000 1,454 6.92% - ProfServ-Legal Litigation 25,000 1,063 4.25% - ProfServ-Mgmt Consulting 64,154 26,731 41.67% 5,346 ProfServ-Property Appraiser 34,294 7,526 21.95% - ProfServ-Trustee Fees 4,041 3,030 74.98% 3,030 Auditing Services 5,500 - 0.00% - Website Compliance 1,553 776 49.97% 388 Postage and Freight 600 207 34.50% 5 Insurance-General Liability 7,644 7,227 94.54% - Printing and Binding 500 - 0.00% - Legal Advertising 4,000 - 0.00% - Miscellaneous Services 1,998 97 4.85% - Misc-Bank Charges 500 - 0.00% - Misc-Special Projects 18,279 - 0.00% - Misc-Assessment Collection Cost 16,281 14,875 91.36% 364 Payroll Services - 49 0.00% 10 Misc-Contingency 1,000 248 24.80% - Office Supplies 250 - 0.00% - Annual District Filing Fee 175 175 100.00% - Total Administration 265,287 72,671 27.39% 10,220 Page 2 QUARRY Community Development District GENERAL FUND Statement of Revenues, Expenditures and Changes in Fund Balances October 1, 2024- February 28, 2025 ANNUAL YTD ACTUAL ADOPTED YEAR TO DATE AS A%OF FEB-25 ACCOUNT DESCRIPTION BUDGET ACTUAL ADOPTED BUD ACTUAL Field ProfServ-Field Management 5,464 2,277 41.67% 455 Contracts-Preserve Maintenance 103,830 51,915 50.00% - Contracts-Lake Maintenance 65,004 27,411 42.17% 5,743 R&M-General 70,000 4,175 5.96% - R&M-Fence 2,500 1,500 60.00% 1,500 R&M-Lake 184,672 - 0.00% - R&M-Weed Harvesting 75,000 27,615 36.82% 7,600 Miscellaneous Maintenance 3,670 - 0.00% - Miscellaneous Services - 1,728 0.00% 1,728 Capital Projects 75,000 16,910 22.55% - Total Field 585,140 133,531 22.82% 17,026 Reserves Reserve-Other 50,000 - 0.00% - Total Reserves 50,000 - 0.00% - TOTAL EXPENDITURES&RESERVES 900,427 206,202 22.90% 27,246 Excess(deficiency)of revenues Over(under)expenditures - 643,898 0.00% (1,253) Net change in fund balance $ - $ 643,898 0.00% $ (1,253) FUND BALANCE,BEGINNING(OCT 1,2024) 1,608,021 1,608,021 FUND BALANCE,ENDING $ 1,608,021 $ 2,251,919 Page 3 QUARRY Community Development District QUARRY DEBT SERVICE FUND Statement of Revenues, Expenditures and Changes in Fund Balances October 1, 2024 - February 28, 2025 ANNUAL YTD ACTUAL ADOPTED YEAR TO DATE AS A%OF FEB-25 ACCOUNT DESCRIPTION BUDGET ACTUAL ADOPTED BUD ACTUAL REVENUES Interest-Investments $ - $ 12,375 0.00% $ 3,332 Special Assmnts-Tax Collector 1,472,226 1,396,561 94.86% 33,617 Special Assmnts-Discounts (58,889) (51,424) 87.32% (694) TOTAL REVENUES 1,413,337 1,357,512 96.05% 36,255 EXPENDITURES Administration Misc-Assessment Collection Cost 29,445 26,903 91.37% 658 Total Administration 29,445 26,903 91.37% 658 Debt Service Principal Debt Retirement 1,128,000 - 0.00% - Interest Expense 242,772 121,386 50.00% - Total Debt Service 1,370,772 121,386 8.86% - TOTAL EXPENDITURES 1,400,217 148,289 10.59% 658 Excess(deficiency)of revenues Over(under)expenditures 13,120 1,209,223 n/a 35,597 OTHER FINANCING SOURCES(USES] Contribution to(Use of)Fund Balance 13,120 - 0.00% - TOTAL FINANCING SOURCES(USES) 13,120 - 0.00% - Net change in fund balance $ 13,120 $ 1,209,223 n/a $ 35,597 FUND BALANCE,BEGINNING(OCT 1,2024) 649,934 649,934 FUND BALANCE,ENDING $ 663,054 $ 1,859,157 Page 4 QUARRY Community Development District CAPITAL PROJECTS (FEMA) FUND Statement of Revenues, Expenditures and Changes in Fund Balances For the Period Ending February 28, 2025 ANNUAL YTD ACTUAL ADOPTED YEAR TO DATE AS A%OF FEB-25 ACCOUNT DESCRIPTION BUDGET ACTUAL ADOPTED BUD ACTUAL REVENUES Interest-Investments $ - $ 35,469 0.00% $ 6,705 TOTAL REVENUES - 35,469 0.00% 6,705 EXPENDITURES Construction In Progress Construction in Progress - 33,268 0.00% 30,168 Total Construction In Progress - 33,268 0.00% 30,168 TOTAL EXPENDITURES - 33,268 0.00% 30,168 Excess(deficiency)of revenues Over(under)expenditures - 2,201 0.00% (23,463) Net change in fund balance $ - $ 2,201 0.00% $ (23,463) FUND BALANCE, BEGINNING(OCT 1, 2024) - 1,456,075 FUND BALANCE, ENDING $ - $ 1,458,276 Page 5 a _ e a a a a' c a a e a o a m0omo co a co � m a �� � � a>i a m rn y a c grn o � d oe0000 � 01a0M0 0o � oLO ^ CO d d 4- N 01 a s v v N oo m Le y N .po n e •n v ' .0 <6 Lei enco Q m tw 0 0 v 1 nr 0 m m 0 - o " o-, `CLE� a o 4- 0 o n Q J n _ v rn 8 51 o _ o Q o .R. co v v m M ^ LO 0 n v •n n N v N ix O LL ~ m T ix 10 ' 4- O m ' O O m , , CD at CO 01 < ' m � < o � C. o a a = H o� ai a en 04 < o o N .- • r m — a a U) "' 13) V en en enm COUI ' m m o at. • 01 o C o g" rn M N .n env rn - R H S M a7 CC 09 W , O C . , N , 10 Ms M M M N v 0 C OQ mM U- can0 m 0 CO CO NCO � CV N , y o NO ' 9 N N M Neti d N m O) CCO . , , , o , , , , , as N 0o v •n • v N 10 U m o M N Ts D 10 C L y . , , , , m , , , , , , , Et- , CV V R Cl) = r p� en en enCO M r - V) II. $' m N N L. 07- M _ L 01 • , CC •- ed / v N N of a M - N ." ) et m 0 -OV w C' O ov ' Fa W ` M , • • M N N , , • N Lei Lei N a E m d a> w 3 w , CO CO m . • , 0 < O , L C A 1.0 CI en M M r N " M > L.L cv LL c w Ce . v , , at .F - CO0 m N O Q N M 144 ` M r u'1 7- C p C E - ' ' M O N CO , , , , , , , N , , 4W o a a 0 CC .+ w N , , m , 0 • N R • , , , C., , , , m , • , , co 0 CO CO ea > n 7 CO CO v 0,z' Q co a •.> M 40 N v M CO • • • N • , ,` o Q 06 N M M .n M r N Cl) an 0 C u) in 0. o d c. N O n y� > w U g o fet a m `o coi o c .° a �+ G oo Q .N b .a C c w rn v LE 2 d U citi :T a sa d y H - d € o - 2 To.o c7 °° - x " o,a N E CD b 13 F' d p .. 1�_ f-6 > .i.. •'�3 Z Z Z Z - o•Q ru m f�Q O - 0 Q c o `. d £ . d e v 2 Q 2 2 o m c a 8 8 a c, H c ta a) d O 5 ca co O e g a LT a a a a a a a < a a - a 0 CC D O ix F w Q a U a § — , , , A- , �`6 co LO CO CO „ IA a ° co 1 / ( _ _ ƒ ® ( kG � \ � ® � k § � � ) re re . . la k / n - - ° - - - - - J e [ 2 , - , ` � ■ CO © © , a 401 . in 0 0 cc o r o o . . — / § / � � � , � , j LO � CV . £ } ° ` \ 0 CO ( k � z ® � & � 0 A- � 2 .gco § , , , CD . 0 A . . 2 . ® _ cc/, 0 _ & a ;17., m . 2 g3 . 2 2 2 . . oo to . . 2 J ` ` 0 ® cv on - - 2 L — CO 0 CO 00 (A \ _, ` z ® z z arir- . &� � ! } / \ ! �LO • 2 � CO CV CO CV z z » _ Q / C CD _ ffl \ /\ 2a \ / � - } CO CO Sr0. al $ $ � CO . . . . CO CV CO A 0 CO k W/ &ACC CO - w z z re ce r w CL\ co � . 0 CO� & . . GI . . en Cl) , . ,u-i _ as 0 ¢ 1' i \ \ \ Co CO \ § / — IX 0 CO A . . . LO . . 0 0 . •.! !`% z - + » &i IIIesi In/C _: & - . . I g \ ® ® Cooi ® ce Cl) 0 „AT 2 . . 0r ■ ; 2 J / ` 7 = § § k E K y 9 3 ] , , . CO \ \ — E 7 -vsl in E an e, CV - \ 0 - � ` | ` _ > fF CO CI /% ) 'hi _ - IT / ` kkk ` to f ( kto c R WE \ \ \ 22i §02 \ � T. )} � § C \ \ fa � § 10 laA � � » , , tee 2 \` J o. i CD C Go QUARRY Community Development District Statement of Revenue and Expenditures -All Funds Notes to the Financial Statements General Fund 10/1/2024.2/28/2025 General Fund Variance Analysis Budget target: 41.67% Annual %of Account Name Budget YTD Actual Budget Explanation Expenditures Administration ProfServ-Property Appraiser $34,294 $7,526 22% Collier County PA to-date ProfServ-Trustee Fees $4,041 $3,030 75% U.S.Bank trustee fees to-date Insurance-General Liability $7,644 $7,227 95% EGIS Insurance FY 2025 paid in full Field Contracts-Preserve Maintenance $103,830 $51,915 50% Peninsula Improvement,quarterly maintenance Oct 2024 thru Mar 2025 Contracts-Lake Maintenance $65,004 $27,411 42% January increase from$5,417 to$5,580 R&M-Fence $2,500 $1,500 60% Fence install Page 8 Quarry Community Development District General, Debt Service, Capital Projects (FEMA) Funds Supporting Schedules October 1, 2024 - February 28, 2025 QUARRY Community Development District General Debt Service Funds General & Debt Service Funds Non-Ad Valorem Special Assessments - Collier County Tax Collector (Monthly Collection Distributions) October 1, 2024 - February 28, 2025 ALLOCATION BY FUND Discount/ Gross Series 2020 Date Net Amount (Penalties) Collection Amount General Debt Service Received Received Amount Cost Received Fund Fund Assessments Levied $ 2,286,271 $ 814,046 $ 1,472,226 Allocation % 100.00% 35.61% 64.39% Real Estate-Installment 10/31/24 $ 7,913 $ 413 $ 161 $ 8,487 $ 3,022 $ 5,465 11/14/24 613 - 13 626 223 403 12/12/24 491 15 10 516 184 332 12/24/24 1,742 55 36 1,833 653 1,180 01/09/25 84,098 2,705 1,716 88,520 31,518 57,002 02/07/25 852 27 17 897 319 577 Real Estate-Current 11/08/24 16,228 890 331 17,449 6,213 11,236 11/14/24 211,142 3,977 4,309 219,428 78,129 141,299 11/21/24 277,238 11,787 5,658 294,683 104,924 189,759 12/05/24 1,140,473 48,489 23,275 1,212,238 431,627 780,610 12/09/24 58,904 2,504 1,202 62,611 22,293 40,318 12/12/24 157,001 6,600 3,204 166,806 59,393 107,413 12/24/24 40,486 1,322 826 42,635 15,180 27,454 01/09/25 697 22 14 733 261 472 02/07/25 49,252 1,051 1,005 51,309 18,269 33,040 TOTAL $ 2,047,132 $ 79,859 $ 41,778 $ 2,168,769 $ 772,208 $ 1,396,561 %COLLECTED 94.86% 94.86% 94.86% TOTAL OUTSTANDING $ 117,502 $ 41,838 $ 75,665 Page 9 QUARRY Community Development District General, Debt Service, Capital Projects (FEMA) Funds Cash & Investment Report October 1, 2024- February 28, 2025 ACCOUNT NAME BANK NAME YIELD BALANCE OPERATING FUND Government Interest Checking Valley National Bank 4.33% $ 1,427,907 Public Funds MMA Variance Account BankUnited 4.06% 995,887 Subtotal 2,423,794 DEBT SERVICE AND CAPITAL PROJECT FUNDS Series 2020 Revenue Fund U.S. Bank 4.25% 1,772,289 Series 2020 Construction Fund U.S. Bank 4.25% 1,836,033 Total $ 6,032,116 Page 10 Bank Account Statement (General Fund) Monday,April 7,2025 Page 1 Quarry CDD SINGUANZO2 Bank Account No. 7852 Statement No. 02-25 Statement Date 02/28/2025 G/L Account No.101002 Balance 1,427,906.58 Statement Balance 1,454,505.03 Outstanding Deposits 0.00 Positive Adjustments 0.00 Subtotal 1,454,505.03 Subtotal 1,427,906.58 Outstanding Checks -26,598.45 Negative Adjustments 0.00 Ending Balance 1,427,906.58 Endina G/L Balance 1,427,906.58 Document Document Posting Date Type No. Vendor Description Amount Cleared Amount Difference Outstanding Checks 02/25/2025 Payment 100029 INFRAMARK LLC Inv:142123,Inv:143830 -252.82 PENINSULA 02/25/2025 Payment 100030 IMPROVEMENT Inv:CESI-021350 -25,957.50 CORP. INNERSYNC STUDIO, 02/25/2025 Payment 100031 Inv:INV-SN-595 -388.13 LTD(SCHOOLNOW) Total Outstanding Checks -26,598.45 Page 11 QUARRY Community Development District Series 2020 (FEMA Project) * Acquisition and Construction - General October 1, 2021 - February 28, 2025 DATE RECEIVED SOURCES OF FUNDS REQ# TOTAL 10/1/2021 State of Florida $ 3,350,061.50 10/26/2021 State of Florida 828,145.56 10/26/2021 State of Florida 46,008.09 11/17/2021 State of Florida 94,901.34 11/17/2021 State of Florida 91,213.19 12/21/2021 State of Florida 65,276.88 12/17/2021 FEMA check sent to U.S.Bank exceeded actual checks - 1/10/2022 State of Florida 18,585.00 1/10/2022 State of Florida 1,032.50 Total $ 4,495,224.06 LESS: 11/1/2021 Debt Service- Principal Prepayment 1,351,000.00 DEPOSIT-Acquisition and Construction-General $ 3,144,224.06 OTHER SOURCES 11/1/2021 Transfer from Revenue Acct 4004 938.50 Dividends FY 2022 145.89 Dividends FY 2023 44,143.78 Dividends FY 2024 109,550.78 Dividends thru 2/28/25 35,469.34 TOTAL SOURCES OF FUNDS $ 190,248.29 USE OF FUNDS: DATE VENDOR REQUISITIONS REQ# TOTAL 4/27/2022 CPH 1 4,940.00 4/27/2022 Kutak Rock LLP 2 988.00 5/24/2022 Midwest Construction Products Corp 3 475.00 5/16/2022 Midwest Construction Products Corp 4 3,000.00 5/16/2022 Midwest Construction Products Corp 5 7,900.00 5/24/2022 Kutak Rock LLP 6 1,776.45 5/24/2022 CPH 7 11,615.40 6/9/2022 Kutak Rock LLP 8 1,378.00 6/9/2022 Midwest Construction Products Corp 9 1,900.00 6/9/2022 Midwest Construction Products Corp 10 4,800.00 6/9/2022 Midwest Construction Products Corp 11 1,425.00 6/9/2022 Crosscreek Environmental LLC 12 2,997.66 8/1/2022 CPH 13 27,155.66 Page 12 QUARRY Community Development District Series 2020 (FEMA Project) * Acquisition and Construction - General October 1, 2021 - February 28, 2025 DATE RECEIVED SOURCES OF FUNDS REQ# TOTAL 8/1/2022 CPH 14 1,800.00 8/1/2022 CPH 15 33,809.58 8/22/2022 Crosscreek Environmental LLC 16 4,000.13 8/22/2022 Midwest Construction Products Corp 17 6,000.00 8/22/2022 Midwest Construction Products Corp 18 1,020.00 8/22/2022 MJS Golf Services LLC 19 7,615.15 8/22/2022 MJS Golf Services LLC 20 4,157.51 8/22/2022 MJS Golf Services LLC 21 12,849.68 8/22/2022 MJS Golf Services LLC 22 6,568.09 8/22/2022 MJS Golf Services LLC 23 5,058.60 8/22/2022 MJS Golf Services LLC 24 16,849.00 8/22/2022 MJS Golf Services LLC 25 49,004.13 8/22/2022 MJS Golf Services LLC 26 4,346.44 8/26/2022 CPH 27 7,745.15 9/14/2022 MJS Golf Services LLC 28 7,887.77 9/14/2022 Glase Golf, Inc 29 319,983.78 10/20/2022 Crosscreek Environmental LLC 30 5,295.80 10/20/2022 CPH 31 6,513.38 10/20/2022 Kutak Rock LLP 32 78.00 12/2/2022 CPH 33 8,866.67 12/21/2022 CPH 34 4,500.00 1/25/2023 CPH 35 5,398.75 2/17/2023 CPH 36 1,828.75 2/17/2023 CPH 37 110.00 4/17/2023 MJS Golf Services LLC 38 17,952.64 4/17/2023 MJS Golf Services LLC 39 2,844.35 4/17/2023 MJS Golf Services LLC 40 5,715.47 4/17/2023 MJS Golf Services LLC 41 10,351.76 5/2/2023 MJS Golf Services LLC 42 4,619.04 5/2/2023 MJS Golf Services LLC 43 4,014.17 5/2/2023 CPH 44 560.60 5/2/2023 MJS Golf Services LLC 45 14,377.92 5/2/2023 MJS Golf Services LLC 46 2,876.79 5/2/2023 MJS Golf Services LLC 47 5,672.47 5/2/2023 MJS Golf Services LLC 48 14,338.68 5/3/2023 MJS Golf Services LLC 49 5,153.28 5/3/2023 Midwest Construction Products Corp 50 3,302.00 5/3/2023 Midwest Construction Products Corp 51 5,248.00 5/3/2023 Midwest Construction Products Corp 52 2,637.00 5/3/2023 CPH 53 9,283.60 Page 13 QUARRY Community Development District Series 2020 (FEMA Project) * Acquisition and Construction -General October 1, 2021 - February 28, 2025 DATE RECEIVED SOURCES OF FUNDS REQ# TOTAL 5/3/2023 MJS Golf Services LLC 54 8,194.20 6/13/2023 MJS Golf Services LLC 55 14,425.44 6/13/2023 Ewing Irrigation Products, Inc 56 34,725.39 5/30/2023 MJS Golf Services LLC 57 3,993.31 5/30/2023 MJS Golf Services LLC 58 16,314.17 6/13/2023 Midwest Construction Products Corp 59 5,251.00 6/13/2023 Midwest Construction Products Corp 60 2,637.00 6/13/2023 MJS Golf Services LLC 61 2,294.58 6/13/2023 MJS Golf Services LLC 62 12,704.54 6/13/2023 MJS Golf Services LLC 63 14,018.04 6/13/2023 MJS Golf Services LLC 64 8,564.45 6/13/2023 MJS Golf Services LLC 65 11,911.32 7/26/2023 Midwest Construction Products Corp 66 950.00 7/26/2023 Midwest Construction Products Corp 67 5,447.00 7/20/2023 Midwest Construction Products Corp 68 392.00 7/20/2023 Midwest Construction Products Corp 69 870.00 7/20/2023 Midwest Construction Products Corp 70 392.00 7/20/2023 CPH 71 11,485.79 7/20/2023 MJS Golf Services LLC 72 9,372.24 7/20/2023 MJS Golf Services LLC 73 5,298.36 7/20/2023 MJS Golf Services LLC 74 18,759.39 7/20/2023 MJS Golf Services LLC 75 8,737.08 7/20/2023 Crosscreek Environmental LLC 76 15,626.44 7/26/2023 Glase Golf, Inc 77 115,089.05 7/26/2023 MJS Golf Services LLC 78 6,330.90 7/26/2023 MJS Golf Services LLC 79 3,984.81 8/14/2023 MJS Golf Services LLC 80 3,086.64 7/26/2023 MJS Golf Services LLC 81 2,040.72 7/26/2023 MJS Golf Services LLC 82 1,031.52 7/27/2023 CPH 83 16,267.89 7/27/2023 CPH 84 20,538.00 8/22/2023 Midwest Construction Products Corp 85 582.00 8/22/2023 Midwest Construction Products Corp 86 600.00 8/22/2023 Crosscreek Environmental LLC 87 6,998.12 9/13/2023 Inframark 88 2,425.00 9/13/2023 CPH 89 27,466.95 1/9/2024 MJS Golf Services LLC 90 1,082.64 1/8/2024 The Quarry Community Association 91 2,863.80 1/8/2024 Kutak Rock LLP 92 234.00 1/8/2024 CPH 93 6,136.50 Page 14 QUARRY Community Development District Series 2020 (FEMA Project)* Acquisition and Construction - General October 1, 2021 - February 28, 2025 DATE RECEIVED SOURCES OF FUNDS REQ# TOTAL 1/8/2024 Midwest Construction Products Corp 94 600.00 2/16/2024 CPH 95 2,364.28 2/22/2024 CPH 96 104.60 2/22/2024 CPH 97 754.65 5/9/2024 Glase Golf, Inc 98 331,640.00 11/1/2024 Inframark 99 2,925.00 11/1/2024 Inframark 100 175.00 2/4/2025 CPH 101 630.00 2/4/2025 Glase Golf, Inc 102 29,538.16 Total Requisitions 1,498,439.27 TOTAL CONSTRUCTION ACCOUNT BALANCE @ 2/28/25 $ 1,836,033.08 8/31/2023 Less: Contracts-Payable 371,993.38 9/30/2023 Less: Contracts-Payable 5,763.62 Capital Projects $ 1,458,276.08 *Includes FEMA funds Page 15 General Fund QUARRY CDD Cash Flow Analysis March 1, 2025-Sepetember 30, 2025 Account Balances Interest Account Account Name Rate Balance Checking Account-Valley National Bank 4.33% $ 1,427,907 Money Markey Account-BankUnited 4.06% 995,887 Total Account Balances $2,423,794 Cash Flow Analysis Operating Accounts(Checking) Mar-25 Apr-25 May-25 Jun-25 Jul-25 Aug-25 Sep-25 Beginning Bank Balance $1,427,907 $1,391,862 $1,372,487 $1,323,157 $1,273,827 $1,226,928 $1,177,806 CashOut-Disbursements (49,934) (76,571) (49,663) (49,663) (75,968) (49,455) (171,912) Cash In-Assessments/Other Revenues 13,889 57,196 333 333 29,069 333 337 Ending Balance $1,391,862 $1,372,487 $1,323,157 $1,273,827 $1,226,928 $1,177,806 $1,006,231 Page 16 CO C O O CO C,, C] C, CV N C. C] C. O O CDM CC) O O 0, O O -0 ) ,, c co O') O� co C co c6 Lc) ep C• C) CCOO co "CrCCOO CO) O A l0 N CDCO CO V co CO N N CV CO E a QC oi ER ev o ui 69. vi (. t N Q CV NCOtri 69 en en `yv ef) VI tO rn oid co co to d # tico co ti ti 3 CCD O U 0 U 7 Ch U iM Ch l) U MU M0, O U Q Un Q 0 n ,0 Q n u, Q U) .`Z u) C) ca O O U N Cb ,- M O CO CO a zi co a O CD NE, E, V 0 C,) C., O O O O 0 O O N 0 0 0 C O ot5 0. 0 N yUJ V w a C o a w _ o C) LL a, u) N W V d cu C.9 > Q C O O V CO a a a G c c LL Ill 0 x o LL LL 0 C) Ci) c 0CL M Uf) U U M U- W W 0 U d U 041) 0 N W Q• NQ LOO Z Q /i = cC I- H CO lA U N U W W V CO N < n N COII II re E N 0 >co > = = W z z re C y o s CC z �- _ _ a s ig R N U E al c�a - U) > > Q V CD o a 0 0 0 z 0 0 -O N LC) > ° J 0 0 0 /� d dUJ N N C7 0 z 0 0 V V r N O g = Z Z ( 0 a w w tN . f/) 0 U W W U 2i 0 C N CO IL Z 40 O CO N Q. • • Z..-,, N N O O O */ 'o g V N 0 000 A 0 a CV� 0 0 2. to v� if c QCO CO CO �n U 0 d O I- H 0 W 0 ILa d C -J g U w) Z O W Z LU W CO 0 1.0 E a a CC co re 0 0 WaC>, ct g W Z Z Z W W O # ce w w U Z Z 0 0 0 = a s H 0 Y < < z m N Z g coLU z w a I co L.,, ,L I I a z z Q U J Z z 0 0 00 a s o Q a) m o Z ,Co. N a -0 0 0 0 0 '0 . 0 d F aC) aCi aC) C aC) aC) C C 0 W c > (N > Q > > > > > > > Z N N N CO W O O O O N N LU ` 111 N J O N N O N N O N O N N # # # # # # 'V I 8 _ 8 J = O O = O O = O = O O O U N U N 'Cr 0 N N U N N U N U N N CO < 0 a 0 > < 0 0 < 0 O < O < 0 O CO O 0 N- CO p CO CO N 0 0 CO ^ CO ^ CO CO O O 0 CO LC) CO Cr, a7 )f) N C )Cj V CO L6 4 I- C, I- N- 0 ao 0 ac, 0) 1- O '0 CO cl. V CCU) V c 419 N N CO, Op) )) r-) CCU) o W 00) Q a 69 V9 69 h9 to 69 tR C� NN- CV 69 UY 69 604 000 CO 64 ro U v U N m U 0 (Z.) rn V 0 U c0+) cYi 3 d Q LC, Q )n L`n Q in in Q u�-, Q �n Q u) t 0 C o N- co cd o cb U a O Q o 0 0 0_ 0 o r�'i c°'i Q E J COC.) M V 04 M Cam') C., Q 0 Ln Ln LO 11') lf) Ln Ln N O O 0 O 0 O O O O O O O O O O O O H a) U C N Q C C O U •a CD I - .N 73 en w u CO 0 0 > J a) CO 3 0aci U LU c j U u C ¢ TV Q C W J 0 (�j a ¢ N CO O W Z W c 0 w CC, Z a LI. OU UJ a• p Cw7 >" H \/ QCn 0 H J COO C y'L Ur • J co ¢ "E. at LU co�i = L) J 2 LL a W 0 O 2i v p N CD U CO o O Q N z N C) Q L Y o = 0 No > a as LO U a F- Cn0, F- CO Cell N G7 CO CO V- Q v O CO CO = O ¢ p iJ .Q N _he a, = U U w W 4 coC _I m W J Ce i 1-• o _ / coQ • 1- cL I, ++ , U ed H E w M MFe wCO z 0 4 V >' m Z M M > > WCC V /�� N '� W N• 'O _ore a = N N N Cr w W o No 0- >'- F_ a 0 N N N N 0 ce O] m O LU W ,+ y w U) wU' w LL -, 0 0 O O N co Cn {i/ Cl. 0 CO a V COLO LO CO CO O CO Oi C/) CO CO CV N d - — co COCO am V V ,- ,- LLI 0 Z N CI it L d z z J J CI: 0 0 a°)) O = 0 >. 0 U U O CO CO H Z w of 0 J J W > O 0 p 6 O K F- Y --IJ J J _ CO CO 00 C W Ce s z0 z cc 2 2 M M co CO CO U. u u- LL w z LU Y Z Z Z Z a z z a) y n a) H IIIN 0 CC) N 0 a) aa)) a > > > > > > > eh > N N N COY M h 0 O 0 C. 0 aL co • N .- N N G.47 N N N N Y CI it U Lc, = CV O = ▪ a- = N N = N = N W O U N V N N U N CV O N O N = N < O < O O < 0 0 < O < 0 0 0 QUARRY COMMUNITY DEVELOPMENT DISTRICT CREDIT CARD POLICY Quarry Community Development District may provide employees with credit cards that can be used for business related expenses.This policy outlines the responsibilities for employees who are approved to receive a credit card and are issued a District credit card. Regular,full-time employees may be approved to receive a District credit card but must obtain prior written approval from the board of supervisors.Once approved,a District credit card request form must be completed with signature of the supervising District Manager(DM).To be eligible for a District credit card,an employee must purchase significant volumes of goods and services for use by the District or incur other regular frequent business expenses of a kind appropriately paid for by the District credit card. The District credit card cannot be used to obtain cash advances,bank checks,traveler's checks, electronic cash transfers,alcohol,or for personal expenses.Misuse of the credit card will result in cancellation of the card and withdrawal of the employee's District credit card privileges. If the card is used for an employee's person expenses,the District reserves the right to recover these funds from the employee cardholder. Each District credit card will have a varied limit approved by the board of supervisors. Increases to the established limit may be made on a case-by-case basis and must be approved by the supervising DM. District credit card expenditures must be reconciled and submitted with original receipts to the accounting/accounts payable department by the 3'd business day of each month.Cardholders who have not reconciled and submitted their monthly expenditures within this period will be asked to reconcile and submit their monthly expenditures immediately.Continued or repeated non- conformance to this policy will result in cancellation of the card and such other actions as appropriate. If the card expenditures are not reconciled and submitted within a month of the statement date or a plausible explanation has not been received by the accounting/accounts payable department,the employee's District credit card will be cancelled. Fraudulent activities or lost or stolen credit cards must be reported immediately to the Treasury Officer. Application for a Quarry Community Development District Credit Card Employee Name: Position: Justification of the need for a District credit card: I understand and agree that: • I bear ultimate responsibility for the security of the credit card. • I will not use the District credit card to withdraw cash. • I will not use the District credit card for personal expenses and will use it only for official business on behalf of the District. • If I misuse the District credit card (i.e., use it otherwise than accordance with the instructions given to me in this agreement or related policies)or otherwise fail to reconcile my expenditures within the prescribed procedures and timeframe, I authorize the District to recover the funds through payroll deductions for any amounts incorrectly claimed or for reconciliations that are one month in arrears of the statement date. • If the District credit card is lost or stolen or has fraudulent activities, I will report it immediately to the Treasury Officer. • If I resign from the District or the District is transitioned to another management company, will return the card with a final reconciliation of all expenditures prior to my departure. Employee Name: Fcl.,! tom.,. rt Date: r. 4 / i `t /2t 2 S. Employee Signature: _ C-eG District Manager Name: Date: District Manger Signature:_ . District Credit Card/P-Card Request District Name: Credit Limit Request: Authorized Signer Name: Authorized Signer Address: Authorized Signer SSN: SO5 4c4 SSC`"? Authorized Signer DOB: F-.:g l Z a j/7 G Authorized Signer Mother's Maiden Name: AIL\.e xi u 6 Authorized Signer's Email Address: I Fart t e_ cfyL—�, o/5 Phone number: District Manager Signature Approval: District Manager Name: Date: "RI111) Collier Environmental . Services Lake A Wetland Management Specialists 2600 Golden Gate Parkway Naples, FL 34105 239-262-2600 Office 239-261-1797 Fax 4/3/2 5 Proposal for littoral planting in lakes the 54, 55,56,48,46,45,44, 53, 57, 59,63A, 63B, and 63 at the Quarry in Naples, FL Planting Work Task QTY Size Total Plant herbaceous plants to selected littoral zones at the Quarry Herbaceous-spike rush 2210 BR canna flaccida 2410 BR blue flag iris 2305 BR arrowhead 2410 BR 9335 Total $ 15,550.00 Scope of Work Planting to establish littoral zones in selected lakes at the Quarry in Naples, Florida. The lakes to to be planted are 54, 55, 56, 48, 46, 4S, 44, 53, 57, 59, 63A, and 63B. Plants will be installed at three foot on center. The plantings will begin when lake levels are high enough to provide adequate moisture for plant survival. Proposal is valid for 30 days If you agree to the services and rates listed in this proposal for work, please sign and send it bac the addr ss listed above. Will Ellioirt Date Collier environmental Services Dean Britt Date Quarry CDD EXHIBIT A STANDARD BUSINESS TERMS AND CONDITIONS 1. Authorization to Proceed: Execution of this AGREEMENT by Client will 14. Billings and Payment: Fixed fees shall be billed monthly for the Work be authorization for PENINSULA IMPROVEMENT CORPORATION dib/a portion completed to the billing date, plus reimbursables. COLLIER ENVIRONMENTAL SERVICES ("CES") to proceed with the Timeitifalerial/Expenses(TME)fees shall be billed monthly eased on time. services,unless otherwise provided in this AGREEMENT. materials,and expenses incurred to the billing dale,plus reimbursables.A 2. Work:The term`Work'shall mean the services provided,including labor, fee TIME estimate, if provided, is for information purposes only. T�e actual materials,equipment,anc supplies, by CES to fulfill CES'obligations on may be more s less. Additional Services mutually agreed upon by the Project. CLIENT and CES shall be billed monthly based on time, materials, and the plus Direct Expenes. The b lling 3. Supervision: CES shall supervise and direct the Work, using CES' best contin rpr ogress tof CES's'ery cedate requi es prompt paymentSPayment Pe continuu ouous skill and attention. CES shall solely be responsible for and have control is due within thirty days of the invoice date. Past due amounts shal over construction means, methods, techniques, sequences and include an interest charge of 1.5%per month;and,in addition,CES may, procedures,and for coordinating all portions of the Work. after 7 days written notice to CLIENT, suspend services under this 4. Labor and Materials: Unless otherwise provided in the AGREEMENT, AGREEMENT until CES has been paid in full for all amounts due for CES shall provide for and pay for labor, materials, equipment, tools, co costs, n and expenses.y CES is interest, tofcollectu reasonable obtain collection li and transportation, and other facilities and services necessary for proper any amount inducing du attorney tees and EM if by court to actionnin or settlementof execution and completion of the Work. any due under this AGREEMENT by a without court action CES shall enforce strict discipline and good order among CES' 15. Protection of Persons and Property:CES shall be responsible for initiating, employees and other persons carrying out the Work. CES shall not maintaining, and supervising all safety precautions and programs, including permit employment of unfit persons or persons not skilled in the tasks all those required by lay in connection with performance of the Work. CES assigned to them. shall take reasonable precautions to prevent damage, injury or loss to 5. Affiliated Companies:Work performed under this AGREEMENT may be employees cn the Work,and other property at the Work or adjacent thereto performed using labor from affiliated companies of CES. Such labor will be CES shall CES,orrlb anyone damageorwhose and loss to property i caused in whole or billed to CLIENT under the same billing terms applicable to CES in part by by for acts CES may be liable. employees. 16. Limitation of Liability: CES' liability for CLIENT's damages will, in the takes 6. Taxes: CES shall pay sales, consumer use, and similar taxes that are prec dence ovgrega , oer t any conflicting Texceed 100,Term and Condition of this AGREThis Term andLEMENT or legally required when this AGREEMENT is executed. any document incorporated,or referenced by it. 7. Notices; CES shall comply with and give notices required by agencies This limitation of liabilitywill having jurisdiction over the Work. apply whether CES' liability arises under breach of contract or warranty; tort, including negligence; strict liability; 8. Use of Site:CES shah confine its operations to areas statutory liability; or any other cause of action, and shall include CES' P permitted by law, officers,affiliated corporations,employees,and subcontractors. ordinances,Site:CES the Project,one ands the CLIENT. ity and Survival: If any 9, CleaningUp: CES shall keepits Work area and surroundingareas free 17 AGREEMIENT are held illegal,invalid,for unenforceable,the other erm and condition rterms and from accumulation of debris and trash related to the Work. At fire conditions shall remain in full effect. Limitations of liability shall survive completion of the Work,the Contractor ghat remove its tools,equipment, termination of this AGREEMENT for any cause. and machinery, and shall properly cispose of waste materials in accordance to the scope of the Work. 18. No Third Part Beneficiaries: This AGREEMENT gives no rights or benefits to anyone other than the CLIENT and CES and has no third party 10. Subcontracts and Direct Expenses:When services are performed on a beneficiaries except as provided in paragraph 16. cost reimbursement basis, a markup o' 10 percent will be applied to 19. Assignments:Neither party shall have the power to or will assign any of subcontracts and outside services, and a markup of 1C percent will be the duties or rights or any claim arising out of or related to this applied to Direct Expenses. Fcr purposes of this AGREEMENT, Direct Expenses are defined to include those necessarycosts and charges wGREEMnsenNT. whether arising in foA,you auth ri otherwise, ent ist d 9 anwrd consent of the other parry. Any unauthorized assignment void incurred for the Project including,but not'imitd to (1)the direct costs of transportation,meats,lodging,mail,shipping, and unenfor;:eab,'e. anc supplies;(2) 20. Force Majeure:If the Work under this AGREEMENT is affected by causes CES' current standard rate charges for direct use equipment,of CES' vehicles, chemicals, supplies, and certain field equipment; and (3) CES' standard beyond CES'reasonable control, the Project schedule and compensation Project charges for computing systems, special health and safety shall be equitably adjusted. requirements of OSHA, and telecommunications services. All sales,use, 21• Mediation: In an effort to resolve any conflicts that arise during, or gross receipts,or similar taxes will be added to CES'compensation when following completion of the Work,CLIENT and CES agree that all disputes invoicing the CLIENT. between them arising out of or relating to this AGREEMENT shall be 11. Information from CLIENT: CLIENT shall provide supporting information submitted to non-binding mediation unless the parties agree otherwise. and extraordinary Project considerations or special services, deeds, 22. Changes:CLIENT many make or approve changes to the scope of Work of this AGREEMENT. If such changes affect CES'cost ortime required for easements, rights-of-way, etc. needed for CES to complete the Work as described herein. the performance of the Work, an equitable adjustment will be made through a written amendment to this AGREEMENT. 12. Permit Fees:CLIENT shall pay all Project related fees necessary for the performance of the Work by CES. 23. Correction of Work: CES shall promptly correct nonconforming Work within a reasonable time. 13. Termination: This AGREEMENT and obligation to provide further /4 ' / service may be terminated by either party upon 30 days written notice,or �/� (//2/7e if in the event of substantial failure by either party to perform to the terms Initial: Dale: hereof through no fault of the other and does not commence correction of ,/ such nonperformance within 5 days of written notice and diligently Initial: ,� Date. r h/2-5 complete the correction thereafter Revisers:'0/15 '1 'l1e QQI 'LA R.lY j' - • 11 id, �. b. 1 i r • p : '""Y " ii).4 kAtillt OP IV" . IIIIF .. 1 . I ; , ' 1 : V .::/5..)00 ,f //6' , Wilk ?':,. ft. '?Y i to N •^ 7i`v..L 'C3.' `r� �:�� a foams}•;,a.1X;Mir, '�'r ( ,'�/c _.r a. F U'TtlFF NI'io??llaRHDaDv *' / v r M'A.X5,;.t Rr1r. Collier Environmental Services Lake&Wetland Management Specialists 2600 Golden Gate Parkway Naples, FL 34105 239-262-2600 Office 239-261-1797 Fax 4/10/25 Proposal for assembly and installation of Preserve signs at the Quarry in Naples, FL Installation Work Task QTY Total Assemble and install Preserve signs at the Quarry 18 $ 1,350.00 $ 1,350.00 Scope of Work Assembly and installation of Preserve signs at varous locations along the boundaries of the Wetland Preserves in the Quarry in Naples, Florida. See attached map for the installation sites. Proposed quotation is valid for 30 days. If you agree to the services and rates listed in this proposal for work, please sign and send it back to the ad ss listed above. J ( /447/1 404/zr— Will Elliott Date Collier Environmental Services aka Peninsula Improvement Corporation 2 o 4//1 y/2� `6uarry CDD Board Date EXHIBIT A STANDARD BUSINESS TERMS AND CONDITIONS 1. Authorization to Proceed: Execution of this AGREEMENT by Client will 14. Billings and Payment: Fixed fees shall be billed monthly for the Work be authorization for PENINSULA IMPROVEMENT CORPORATION d/bia portion completed to the billing date, plus reimbursables. COLLIER ENVIRONMENTAL SERVICES CCES') to proceed with the Time'Material/Expenses 1TME)fees shall be billed monthly based on time, services.unless otherwise provided in this AGREEMENT. materials,and expenses incurred to the billing date,plus reimbursables.A 2. Work:The term'Work'shall mean the services provided,including labor. T/MIE estimate, if provided, is for information purposes only. The actual materials, equipment,and supplies,by CES to fulfill CES'obligations on CLIENTe may and more orshallless. billed monthly Services based oil time, agreed upon by CES be billed on time,materials, and the Project. expenses incurred to the billing date plus Direct Expenses. The 3. Supervision:CES shall supervise arc direct the Work, using CES'best continuous progress of CES'service requires prompt payment.Payment skill and attention. CES shall solely be responsible for and have control is due within thirty days of the invoice date. Fast due amounts shall over construction means, methods, techniques. sequences and include an interest charge of 1.5%per month;and,in addition.CES may, procedures,and for coordinating all portions cf the Work. after 7 days written notice to CLIENT, suspend services under this AGREEMENT until CES has been paid in full for all amounts due for 4. Labor and Materials: Unless otherwse provided in tee AGREEMENT, services and expenses CES is entitled to collect reaso.zable fees and CES shall provide for and pay for lacer, materials, equipment, tools, costs.including attorney fees and interest,if required to obtain collection of transportation, and other facilities and services necessary for proper any amount due under this AGREEMENT by a court action or settlement execution and completion of the Work without court action. CES shall enforce strict discipline and good order among CES' 15. Protection of Persons and Property:CES shall be responsible for initiating, employees and other persons carrying out the Work CES shall riot maintaining, and supervisng al.safety precautions and programs, including permit employment of unfit persons or persons not skilled in the tasks at those required by lay in connection with performance of the Work CES assigned to them. shall take reasonable precautions to prevent damage, injury or 'ass to 5. Affiliated Companies:Work performed under this AGREEMENT may be employees on the Work,and other properly at the Work or adjacent thereto CES shall promptly remedy damage and loss to property caused in whole or performed using labor from affiliated companies of CES. Such labor will be in part by CES,or by anyone for whose acts CES may be table. billed to CLIENT under the same bill rig terms applicable to CES employees. 16. Limitation of Liability: CES' liability for CLIENT's damages will, in the aggregate, not exceed $100,000. This Term and Condition takes 6. Taxes: CES shall pay sales, consumer, use, and simi ar taxes that are precedence over any conflicting Term and Condition of this AGREEMENT or legally required when this AGREEMENT is executed. any document incorporated,or referenced by it 7. Notices: CES shall comply with and give notices required by agencies This limitation of liability will apply whether CES' liability arises under having jurisdiction over the Work. bream of contract or warranty; tort, including negligence; strict liability; statutory liability; or any other cause of action, and snail include CES' 6. Use of Site: CES shall confine its operations to areas permitted by law, officers,affiliated corporations,employees,and subcontractors. ordinances,permits,the Project and the CLIENT 17. Severability and Survival: If any term and condition contained in this 9. Cleaning Up:CES shall keep its Work area and surrounding areas free AGREEMENT are held illegal,invalid,or unenforceable,the other terms and from accumulation of debris and trash related to the Work At the conditions shall remain in full effect Limitations of liability shall survive completion of the Work, the Contractor shall remove its tools,equipment, termination of this AGREEMENT for any cause and machinery, and shall properly dispose of waste materials in 18. No Third Part Beneficiaries: This AGREEMENT gives no rights or accordance to the scope of the Work. benefits to anyone other than the CLIENT and CES and has no third party 10. Subcontracts and Direct Expenses:When services are performed on a beneficiaries except as provided in paragraph 16. cost reimbursement basis, a markup of 10 percent will be appbed to 19. Assignments:Neither party shall have the power to or will assign any of subcontracts and outside services, and a markup of 10 percent wit: be the cuties or rights or any claim arising out of or related to this applied to Direct Expenses. For purposes of this AGREEMENT, Direct AGREEMENT,whether arising in tort, contract,or otherwise,without the Expenses are defined to include those necessary costs and charges written consent of the other party. Any unauthorized assignment is void incurred for the Project including, but not limited to:(1)the direct costs of and unenforceable. transportation,meals,lodging,mail,shipping,equipment.and supplies:(2) 20. Force Majeure:II the Work uncer this AGREEMENT is affected by causes CES' current standard rate charges for direct use of CES' vehicles, beyond CES' reasonable control, the Project schedule and compensation chemicals, supplies, and certain field equipment and (3) CES' standard shall to equitably adjusted. Project charges for computing systems, special heath and safety requirements of OSHA,and telecommunications services All sales, use, 21. Mediation: In an effort to resolve any conflicts that arise during, or gross receipts,or similar taxes will be added to CES'compensation when following completion of the Wore,CLIENT and CES agree that all disputes invoicing the CLIENT. between them arising out of or relating to this AGREEMENT shall be submitted tc non-binding mediation unless the parties agree otherwise. 11. Information from CLIENT: CLIENT shall provide supporting information 22. Changes: CLIENT many make or approve changes to the scope of Work and extraordinary' Project corsieeralions or special services deeds, of this AGREEMENT. If such changes affect CES'cost or time required for easements, rights-of-way, etc. needed for CES to complete the Work as the performance of the Work, an equitable adjustment will be made described herein. through a written amendment to this AGREEMENT. 12. Permit Fees: CLIENT shall pay all Project related fees necessary for the 23. Correction of Work: CES steak promptly correct nonconforming Work performance of the Work by CES. within a reasonable time. 13. Termination: This AGREEMENT and obligation to provide further ,� f► service may be terminated by either party upon 30 days written notice,or Initial: / / Date: `49 V1 if in the event of substantial failure by either pary to perform to the terms hereof through no fault of the other and does not commence correction of such nonperformance within 5 days of written notice and diligently Initial: `.T3 Date: © L f`f I rt complete the correction thereafter. Revised:10/15 r r nC, -- ..--ms__ -- _-,,, _ -1!_'j j�j�,F1 Y.� - _!'i '. • - -. .• y! r'-•a J_ . . . ' - . .. 11 i I I,11 11•i•�,'i. 7 1 fi_. ;' f•� 1 � '�� (�(' • • �! 1 1 '.m.a1.1I1 t1;11 , 1' .i I I,,�- 1✓ /`C1 €V ''y, �3'•, C••. • • • • .N ' '. '. 't� N. .Ull!,7-, 1•!' t+-.t �;„9D ?E341; ryt-,�-a; ,,y47,1; i :>t :':PieServa. t G 1i'Ri�'l ' !t. l V • _ . y, ,•l. .-'(Exthidedp . t e ri , • ,. •,,;,:': .'.' .,:, Yl�is l'l tltrl 1,11 C 11,�— 1 � • '' • • s yr, 1 1 ,r .f 1:i,1,t 1 w 1 . . . . . :`.ice ,L .1_ _' _ ( _*_ i a N I -- 0 1- 7 .. • • • 1 1111 kIII) -� '1 • . � J( l' 111 MJ. I/ i 7. F.-'1 1 F 7' • • • w -. is • iGt'ti ,I_' ;F g3�', `, N I��y-!. W J t Cif O ) . .i t� ,1:-... 1 ,� . . . .•. . SO 7 i . '°+j i o S 4'✓S (.nls r y4G L�i V �/ _ _ Koxi a, r"; i 1 1 1.1 �6.�, 0,JLl,t/K fi4Gs_ �oS�B ( _��'_ :it= • • • • • •: ai '• ,off' �'?'/ _. l = ;. N • • r N, ta.§ ' li .I•f 1. .. ` / ,4 i. i I�lli:'7 ! 11.1 l 3:. q lilt If. Iti 1 1 .( I lt1, w �y�,� r�I, / _ -- - \ III 1` 'i..1 LL ! iJ—i.' a • ''t .'. j .e Fl.— l I,i,;a1 l if•! Ili,\'I..1.'rI I I 11�.1• .1-i i 'f\�. i\ '2 t- �.I f 1 1 1 1 t i 'N' • • • • •.'.'I Ing • � f—�J.�/t�l , (wy�i 1 t �.".jiff. r.� i 11 1.N• �. . .•.•. . . N . . i .. . • t ,-;-....1 . . •y•:• t o - i -__ _ ••••••.,.,._• . , is / ".�. -- _.. c-'"' __ \ . --� '• ' '1 lean—D The Quarry Alteration/Modification Application UPDATED 10/3/2023 Submit Application and4,27 Required Items to:The Quarry Community Association,8975 Kayak Drive,Naples FL 34120 Property Address: 3 a mart3 �r Owner Name ,0/)J4S t- 6/PA _ 4 wner's Cell: /6) .5S"7- J '7QS Owner's Email: �y/P$C D c�L�S �'Q�r4 S' ��1/ I //?�L�l e( 2flh(td //, Contact the management office with questions at 239-348-732 (Opt 1)or at 8975 Kayak Drive. Office use only: CHECK IF THIS IS PART OF AN ONGOING CONSTRUCTION APPLICATION APPROVED L. I NOT APPROVED INCOMPLETE ADDT'L INFO NEEDED Follow-Up Notes: COMPLETE I Association Stamp with date when the completed and signed Application has been received with all Required Items attached. (e.g. site plan, paint chips, sec deposit, photos, etc.) Does project require Damage Deposit(s)? if Yes, now�. 3?_• collected?Yes No Does project require a CDD variance agreement? :the $500 fee collected + paperwork attached?Yes_No_ Owner to complete: Check Scope of Work (* Indicates Deposit Required): Doors/Windows Signs *Roof/Gutters/Downspouts/Drainage *Boat Dock/Lift/Canopy Play Equipment X *Patio/Walkway *Generator/Propane Tank *Solar Panels Other Sculpture/Fountain/Statue/Antenna Awning/Canopy/Shutters/Sunsail Shades _MiniSplit AC Landscaping (adding/removing trees; changing beds—attach before&after site plans) Screen Cage Modification Exterior Paint Stone Siding Addition/Removal/Color Change (sample required) By initialing you Confirm you are not using the same body paint color as a neighbor directly to your right or left Color scheme #: House body color: trim: garage door: front door Shutters: —Other areas (specify where + color): Do you have a storm/secondary door? If yes, will you be painting it? if so,what color? Will you be painting your gutters + downspouts? if Yes, what color: gutters downspouts Do you have stonework? Y/ N, will you be removing/adding/painting/staining? Describe Scope of Work: (See Required Items and more information as necessary) Estimated Start Date: Estimated Completion Date: 1 Required Items (attach if applicable): Applications shall be considered by the Modification Committee (MC) only after all Required Items and deposits have been received. o Pictures (required for all applications) include before and, if possible, proposed after pictures. o Site Plan (required for all except Exterior Paint/Doors + Windows applications) showing property lines, easements and location of work. o Sketch of Work on site plan including Floor Plans, Screening, Landscaping, etc. (Landscaping applications shall include before picture and after designs showing the names of plants). c Include accurate measurements. o Exterior Paint colors listed above under scope of work. Specify body,trim,garage,shutters, front door, gutters and downspout colors. If staining stone siding, sample required. o Prior to submitting a drawing of any modification or alteration that may affect the irrigation system, Owner shall contact the Association's Irrigation Vendor to identify any irrigation lines in the path of project. Owner shall provide a letter from the current Irrigation Vendor either: 1) confirming there are no irrigation lines in the project path; or 2) confirming that the Irrigation Vendor shall relocate existing irrigation lines at the expense of the Owner. Owner SHALL USE Association's Irrigation Vendor. c Owner shall provide Stone/Tile samples, pictures of Sculptures/Fountains with measurements, etc. Any information that may assist the MC in completing the approval process. Recommended Contractor's Insurance; 1) bodily injury and property damage liability insurance in the amount of at least $1,000,000 per occurrence, 2)automobile liability insurance in the amount of$1,000,000 per occurrence, 3) statutory worker's compensation insurance and 4)employer's liability insurance in the amount of$1,000,000. Contractor shall maintain all insurance in force for the duration of the Work. In addition to the above, in the event the Scope of Work covered by this Application indudes masonry, concrete, pool installation, roof replacement, tree removal, pool/screen enclosure replacement or the installation of a generator and/or propane tank, contractor shall provide the following additional coverage provisions on their commercial general liability, umbrella liability, and automobile liability policies, providing that 1) both the Owner and The Quarry Community Association, Inc. are named as additional insured, 2) insurance shall be primary and non-contributory, and 3) in the event any policy is cancelled or terminated, insurer will provide statutory notice. The endorsements shall identify the Owner's address where the work is to be performed. The Owner is strongly encouraged to require all persons or entities doing work on their property to obtain the aforementioned insurance coverages but regardless cf any insurance coverage Owner acknowledges and agrees that: t 1�L (Initial) Pursuant to Section 7.3.3 of the Fourth Amended and Restated Declaration of Covenants, Conditions and Restrictions for the Quarry: Any damage to the Common Area or any structures, equipment, improvements or personal property thereon caused in whole or in part by an Owner or their family members, guests, tenants, licensees, and invitees shall be the responsibility of the Owner who shall reimburse the Community Association for all costs of repair or replacement, at the sole option of the Community Association, together with a reasonable allocation of overhead incurred. The Community Association shall not be required to delay repair or replacement pending receipt by Owner of any insurance ppr�oproceeds.1 5 (Initial) Indemnification: To the fullest extent permitted by law, the Owner agrees to indemnify and hold harmless the Association, its directors, officers, members, agents and employees from and against all claims, damages, injuries, death, losses and expenses, including but not limited to attorneys'fees arising out of or resulting from the performance of the Work approved pursuant to this Application. Required Deposits by contractor or Owner: • Contractor/Owner shall pay a $1,000 refundable damage deposit for applications covering the installation of a generator, propane tank, patio/driveway additions, walkway addition/expansion, roof, and solar panels. • Contractor/Owner shall pay a $2,000 refundable damage deposit for applications covering installation of a boat dock/lift. 2 Work Rules and Procedures: • All required county permits shall be obtained and displayed by Owner prior to beginning work. • Owner shall contact utilities to relocate their lines, as necessary. • Association common areas, including roadways, shall not be used for short or long term storage of materials. Excavated soil or rock shall not be placed on a roadway surface or any common areas. All waste, soil or rock, excess materials, fill, etc. shall be removed from the property within 48 hours. Use of any property other than Owner's lot where the work is being performed shall not be permitted. • Owners and contractors shall comply with all applicable codes and regulations and all required permits shall be obtained at Owner's expense. • Owner shall repair and return all areas affected by approved project to their original condition. • All current and future maintenance of the work completed under this application shall be performed at the Owner's expense. • Owner shall have permanent responsibility to maintain and trim all approved landscape modifications. No landscape materials may encroach on neighboring lots or common areas. • Pool heaters, satellite dishes, generators, propane tanks, and all other ground-based equipment or structures shall be screened from view with hedge plantings(i.e. Hibiscus, Eugenia or Viburnum) 30"high, planted 18"on center and then maintained at a minimum of 42"high. • If at any time in the future, any legal/regulatory agency requires modification of the work covered by this application such work shall be done by the current Owner at current Owner's expense. • Each homeowner shall be responsible for ensuring that improvements to his or her property do not improperly encroach on any property subject to an easement or another's property. Per the Quarry CDD Counsel: "Notably, the Quarry Community Development District("CDD") is responsible for the stormwater system and conservation areas serving the community, and, accordingly, holds certain rights in, among other lands, all"Drainage Easements," "Lake Maintenance Easements,"and"Conservation Easements."It is the homeowner's responsibility to carefully review all property records and ensure that the homeowner and his or her contractor do not construct improvements (e.g., walkways, docks, landscaping, sprinklers, patios, decks, air conditioners, pools, drainage outfalls) within any such easement areas. (Note that such easements are identified on the community plats, but the plats may or may not coil edtly identify the CDD as the responsible party. Please contact the CDD if you are in doubt about any such easements.)The homeowner agrees that the CDD may remove at the homeowner's expense any such improvements encroaching on CDD easement areas, and the homeowner shall be responsible for any legal fees and costs necessary for the CDD to enforce the terms of this application as it relates to CDD easement areas. The CDD may in its sole discretion elect to grant limited variances in certain circumstances, and the homeowner is responsible for obtaining any such variance from the CDD prior to the start of any construction." • Structures shall not encroach on any easements. • Owner is solely responsible for ensuring hurricane shutter installations satisfy county code. Storm Shutters and permanently attached portions of the shutters shall complement the exterior home's color. • Owners who start projects without required permits or MC approval shall be issued a stop work order and are subject to sanction by the Board of Directors in accordance with the Bylaws. • Other than roadways to access the Owner's lot and house, Owners, Owner's agents or their contractors shall not use any portion of Association common areas or lots owned by others to stage equipment or materials or to perform work approved by the MC. • A certificate of completion and final inspection and approval by the Association shall be required as a condition for the return of refundable deposits paid by Owner or contractors. General Conditions 1. All work under this Application shall be subject to requirements of the Covenants, Conditions and Restrictions (CC&Rs) and Bylaws of the Quarry Community Association, Inc., and applicable Rules and Regulations and the Architectural Design Standards. The Association reserves the right to request additional Information and charge additional fees or deposits, not otherwise specified on this Application. 3 2. Owner agrees to and shall complete alteration/modification work in accordance with this Application. If approved work has not commenced within six months of the original approval date, this application shall be considered to be withdrawn and a new application shall be required if the Owner desires to later proceed with the work. Also any changes to approved work in progress shall require the Owner to submit an Application and obtain advance written approval form the Association. 3. In the Association's sole judgment, any work that does not conform to the provisions of the approved application may be required to be redone and/or the Owner shall be subject to Compliance provisions of the CC&Rs, induding sanctions, as imposed by the Board of Directors. Any work that is not completed within 30 days after the Estimated Completion Date may also be subject to Compliance provisions. Owners may request extensions of approved completion dates. However, granting extensions of completion dates shall be at the sole discretion of the Association. 4. All work must comply with the provisions of the current Architectural Design Standards regardless of any MC approval of the documents submitted by Owner either with this Application or otherwise 5. The Association has 45 days to complete its review of this application.The 45 day review period does not begin until the COMPLETED and signed application, including Deposits and Required Items, is received by the Association. The 45 day review period resets with the receipt of any and each MC request for information. The Application must be signed by the OWNER. All correspondence related to the application shall be sent only to OWNER. 6. All work covered by this application shall be subject to a final completion inspection and approval by the Association, per Article 13.5 of the CC&Rs with right of entry and inspection upon property. 7. MC approval should not be taken as any certification as to the construction worthiness or structural integrity of the change you propose. In addition, any changes that affect the Surface water and/or Storm water systems in the community in any way, will require the current Lot owner to mitigate the damages and correct the defect to the satisfaction of the QCA and/or CDD. (Artide 6.4.3) 8. By signing below you are indicating that you understand you must wait for receipt of your written approval of the Application before beginning the foregoing alteration(s). Acknowledged and Agreed to by Owner i,�) ,-- Owner's / (..,..- �' ' `'• -'� Signature(s): / � {% `"7 Date //ie,/.2c-- Signature(s):0(A1.- eff14 `' Date ///4f/2,1--- 4 - — e I ;17to -gtoNu g la 3 6 i" .2 8 IV i co co 2 v N I I 3 I I 1 iff w 1 h.---- t.. ---..-1 OtitA 0 4 C/) Y o. 2 I it) H I o.•co. M1 .. b.,.4ge.AA,�f,+i.S• '.ter . ._r ':1.. . t � . iii ..),e4 ..._ ... k' r4 +'! .a.; r. ;, t'S1 '+ v rr°ir'yr la,v,+ ,1 i� i i , i .rt.tiw,-n. '' rw +y. Yr� • r� ° ,. • a"...Yip ��:� QUARRY COMMUNITY DEVELOPMENT DISTRICT APPLICATION FORM FOR VARIANCE FROM EASEMENT This form should be completed by homeowners who are applying to the Quarry Community Association ("HOA")to install improvements on a lot,where such installation may impact the easement rights of the Quarry Community Development District("CDD"). Notably,the CDD is responsible for the stormwater system and conservation areas serving the community, and,accordingly, holds certain rights in,among other lands, all "Drainage Easements," "Lake Maintenance Easements,"and"Conservation Easements."It is the homeowner's responsibility to carefully review all property records and ensure that the homeowner and his or her contractor do not construct improvements(e.g.,fences, landscaping,sprinklers, patios, decks,air conditioners, pools,etc.) within any such easement areas. (Note that such easements are identified on the community plats, but the plats may or may not correctly identify the CDD as the responsible party. Please contact the CDD if you are in doubt about any such easements.) While the CDD discourages such requests,the CDD may in its sole discretion elect to grant limited variances in order to allow improvements to be placed in an easement area where the improvements will not materially affect the CDD's stormwater system. To obtain such a variance,a homeowner must: 1. Complete this Application Form. 2. Provide a copy of any application materials submitted to the HOA,including but not limited to: a. Site Plan, b. Sketch of Work,and c. Design Plans 3. Submit a check for$500.00 to the CDD for the CDD's cost to review the application. Additional fees may be charged as well at cost, in the event that the CDD is required to spend additional monies on engineering and/or other consultants to review the application. 4. Complete and execute a Variance Agreement for Installation of Improvements within CDD Easement ("Variance Agreement"). 5. Provide a Certificate of Insurance showing: 1) bodily injury and property damage liability insurance in the amount of$1,000,000 per occurrence,2)statutory worker's compensation insurance,3)employer's liability insurance,and 4)automobile liability insurance in the amount of$1,000,000 per occurrence, all of which shall be maintained in force for the duration of the work. The Certificate shall name the COD as an additional insured. Once the information is provided, it will be reviewed by the CDD Staff,and your property will be inspected to determine whether a variance is appropriate. Then, a final determination will be made by either CDD Staff and/or the CDD's Board of Supervisors, and a notice will be sent indicating whether your application was approved or denied. If your application is approved,the Owner shall notify the CDD prior to commencing work and upon completing work, so that the CDD may inspect the applicable easement area. Any such inspection shall not be deemed an approval by the CDD of any work, and the CDD shall retain all rights to enforce the terms of the Variance Agreement. Please provide the following information: // 1. Property Owner Name(s): 71j/,)maS 41gi/O# 7$ (I'i e f t 2. Property Address: q273 QL.LaKry1-i. A*1145 3. Cell Phone of Owner: fi — .ceJ -57Qf /O - 5 7,, ,q 4. Email Address of Owner: h L oOLA g 6,40- d /11 f *At /9 1 '€d ° 5. Describe Scope of Work: 6. Estimated Start Date: / �'+ 7. Estimated Completion Date: 8. Name and Contact Information for Contractor(s): Acknowledged and agreed to by: OWNER OWNER SIGNATURE DATE SIGNATURE DATE PLEASE RETURN THIS COMPLETED FORM TO: Quarry Community Development District c/o District Manager Inframark Management Services 210 N University Drive,Suite 702 Coral Springs, FL 33071 PLEASE NOTE THAT ANY INSPECTION DONE BY THE CDD IS FOR COD PURPOSES ONLY AND MAY NOT BE RELIED UPON BY THE HOMEOWNER FOR ANY PURPOSE. NOTE TO STAFF:This form may contain confidential information. Please do not disclose its contents without first consulting the District Manager. PRIVACY NOTICE: Under Florida's Public Records Law,Chapter 119,Florida Statutes,the information you submit on this form may become part of a public record.This means that, if a citizen makes a public records request,we may be required to disclose the information you submit to us.Under certain circumstances,we may only be required to disclose part of the information submitted to us. If you believe that your records may qualify for art exemption under Chapter 119,Florida Statutes,please notify the District Manager, Bob Koncar by e-mail at bob.koncar@inframark.com or by phone at 904-626-0593 After recording, please return to: Quarry Community Development District Inframark Management Services 210 N University Drive,Suite 702 Coral Springs, FL 33071 VARIANCE AGREEMENT FOR INSTALLATION OF IMPROVEMENTS WITHIN CDD EASEMENT This Variance Agreement for Installation of Improvements within CDD Easement ("Agreement") is entered into as of this day of , 20_, by and among and (together, "Owner") and the Quarry Community Development District ("CDD"), a local unit of special purpose government created pursuant to Chapter 190, Florida Statutes. WITNESSETH: WHEREAS, Owner is the owner of Lot Block_, as per the plat ("Plat")of Phase recorded in Plat Book , Pages_et seq., of the Public Records of Collier County, Florida ("Property"); and WHEREAS, Owner desires to erect certain improvements described as ("Improvements") within a CDD easement ("Easement") located ("License Area"), as shown on the Plat; and WHEREAS, due to the CDD's legal interests in the Easement, among other reasons, Owner requires the CDD's consent before constructing improvements within any portion of the Surface Water Management System, including the Easement; and WHEREAS, the CDD has agreed to consent to the installation of the Improvements within the License Area, subject to the terms and conditions set forth in this Agreement. NOW,THEREFORE, in consideration of Ten and No/100 Dollars (S10.00) and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, it is understood and agreed as follows: 1. Recitals. The recitals set forth above are acknowledged as true and correct and are incorporated herein by reference. 2. License for Improvements Installation & Maintenance; Limitation. Subject to the terms of this Agreement, the CDD hereby grants Owner the right, privilege, and permission to install and maintain removable Improvements on the License Area. 3. Owner Responsibilities. The Owner has the following responsibilities: a. The Owner shall be fully responsible for the installation and maintenance of the Improvements. b. The Owner shall use only licensed and insured contractors to install the Improvements. Further, the Owner shall be responsible for ensuring that the installation and maintenance of the Improvements are conducted in compliance with all applicable laws(including but not limited to building codes,set back requirements,etc.). c. CDD, by entering into this Agreement,does not represent that CDD has authority to provide all necessary approvals for the installation of the Improvements. Instead,the Owner shall be responsible for obtaining any and all applicable permits and approvals relating to the work(including but not limited to any approvals of the Quarry Community Association, Inc. ("Association"),as well as any other necessary legal interests and approvals). d. The Owner shall ensure that the installation and maintenance of the Improvements does not damage any property of CDD or any third party's property,and, in the event of any such damage,the Owner shall immediately repair the damage or compensate the CDD for such repairs,at the CDD's option. e. Owner's exercise of rights hereunder shall not interfere with CDD's rights under the Easement. For example, if the Improvements include a fence,such fence shall be installed within the Easement a few inches higher than ground level,so as not to impede the flow of water,or shall otherwise be constructed so as not to impede the flow of water. Further,the Improvements shall be installed in such a manner as to not interfere with or damage any culvert pipe or utilities that may be located within the Easement. It shall be Owner's responsibility to locate and identify any such stormwater improvements and/or utilities. Further,the Owner shall pay a licensed and insured professional contractor to mark any existing improvements and/or utilities prior to installation of the Improvements. f. Upon completion of the installation,the Improvements will be owned by the Owner. Owner shall be responsible for the maintenance and repair of any such Improvements,and agrees to maintain the Improvements in good condition. g. Additionally,the Owner shall keep the License Area free from any materialmen's or mechanic's liens and claims or notices in respect to such liens and claims,which arise by reason of the Owner's exercise of rights under this Agreement,and the Owner shall immediately discharge any such claim or lien. h. The Owner shall notify the CDD prior to commencing work and upon completing work, so that the CDD may inspect the License Area. Any such inspection shall not be deemed an approval by the CDD of any work,and the CDD shall retain all rights to enforce the terms of this Agreement. 4. Removal and/or Replacement of Improvements. The permission granted herein is given to Owner as an accommodation and is revocable at any time. Owner acknowledges the legal interest of the CDD in the Easement described above and agrees never to deny such interest or to interfere in any way with CDD's use. Owner will exercise the privilege granted herein at Owner's own risk, and agrees that Owner will never claim any damages against CDD for any injuries or damages suffered on account of the exercise of such privilege, regardless of the fault or negligence of the CDD. Owner further acknowledges that,without notice,the CDD may remove all, or any portion or portions,of the Improvements installed upon the License Area at Owner's expense, and that the CDD is not obligated to return or re-install the Improvements to their original location and is not responsible for any damage to the Improvements, or their supporting structure as a result of the removal. 5. Indemnification. Owner agrees to indemnify, defend and hold harmless Collier County, the South Florida Water Management District, and the CDD as well as any officers, supervisors, staff, agents and representatives, and successors and assigns, of the foregoing, against all liability for damages and expenses resulting from, arising out of, or in any way connected with, this Agreement or the exercise of the privileges granted hereunder. 6. Covenants Run with the Land. This Agreement, and all rights and obligations contained herein, shall run with the land and shall be binding upon and inure to the benefit of the parties hereto and their respective heirs, successors and assigns,including, but without limitation, all subsequent owners of any portions of the property described herein and all persons claiming under them. Whenever the word "Owner" is used herein, it shall be deemed to mean the current owner of the Property and its successors and assigns. 7. Sovereign Immunity. Nothing in this Agreement shall be deemed as a waiver of immunity or limits of liability of the CDD beyond any statutory limited waiver of immunity or limits of liability which may have been adopted by the Florida Legislature in Section 768.28, Florida Statutes, or other statute, and nothing in this Agreement shall inure to the benefit of any third party for the purpose of allowing any claim which would otherwise be barred under the doctrine of sovereign immunity or by operation of law. 8. Default. A default by either party under this Agreement—including but not limited to Owner's failure to meet its obligations under Section 3 above—shall entitle the other to all remedies available at law or in equity, which may include, but not be limited to, the right of damages and/or specific performance. 9. Attorney's Fees &Costs. The prevailing party in any litigation to enforce the terms of this Agreement shall be entitled to reasonable attorney's fees and costs. 10. Counterparts. This Agreement may be executed in counterparts. Any party hereto may join into this Agreement by executing any one counterpart. All counterparts when taken together shall constitute one agreement. [THIS SPACE INTENTIONALLY LEFT BLANK] IN WITNESS WHEREOF,the parties have caused these presents to be executed the day and date first above written. Witnesses: Owner: By: mod. ,. �Io,�r,:J t,As C'�s .- Print Name/ Print Name By: Print Name STATE OF FLORIDA COUNTY OF ) ,, / �j foregoing instrument was acknowledged before me this /0 day of C� , 200�5 by `litrest5 h,1 (He [ j is personally known to me or[ j produced as identification. ;" K `� ►ARRMOIm Notary Public•State of Florida NOTARY PUBLIC � Commisson/HH36BAt6 a tid My Comm.Expires Mar 2,2027 I Bonded ttxou;h National Notary Assn. ammailmemeneeineenweik /*Italia e yiOSII (Print,Type or Stamp Commissioned Name of Notary Public) [signatures continue on following page] [SIGNATURE PAGE TO VARIANCE AGREEMENT FOR INSTALLATION OF IMPROVEMENTS WITHIN CDD EASEMENT] Witnesses: Owne By: !?/' _ ,-,> .---( i Jkv-e4iy Alc•rrt1 Print Name ! _. , Print Name By: �� !)'^. ,/ /-'t74-f,, Print Name STATE OF FLORIDA ) COUNTY OF O4JAI _- ) I / The foregoing instrument was acknowledged before me this day of .• , 202 by /ffo/'„4.5 8 eta;. He [ ] is personally known to me or 14 produced - /► as / idrtilye/t, MARIA FIERMOMTI ,� Notary Public-state of FloridaNOTARY PUBLIC Commission x HH 3688t6 •,,o►n.4,7, My Comm.Expires Mar 2,2027 Bonded through National Notary Assn. - - _ _ -- _ _ `.&0 rja 1'10( 041 (Print,Type or Stamp Commissioned Name of Notary Public) [signatures continue on following page] • [SIGNATURE PAGE TO VARIANCE AGREEMENT FOR INSTALLATION OF IMPROVEMENTS WITHIN CDD EASEMENT] Witnesses: Quarry Community Development District By: By: Print Name Print Name By: Print Name STATE OF FLORIDA COUNTY OF The foregoing instrument was acknowledged before me this day of , 20_, by , as Chair of the Board of Supervisors of the Quarry Community Development District, on behalf of said district. He [ ] is personally known to me or [ ] produced as identification. NOTARY PUBLIC (Print,Type or Stamp Commissioned Name of Notary Public) [end of signature pages] 8Ci. QUARRY Community Development District Annual Operating and Debt Service Budget Fiscal Year 2026 Preliminary Budget Prepared by: 6INFRAMARK INFRASTRUCTURE MANAGEMENT S! QUARRY Community Development District Table of Contents Page# OPERATING BUDGET General Fund Summary of Revenues, Expenditures and Changes in Fund Balances ................................... 1-2 BudgetNarrative ......................................................................................................... 3-6 Exhibit A-Allocation of Fund Balances ............................................................................ 7 DEBT SERVICE BUDGET Series 2020 Summary of Revenues, Expenditures and Changes in Fund Balances ................................... 8 Amortization Schedule .................................................................................................. 9 BudgetNarrative ............................................................................................................... 10 SUPPORTING BUDGET SCHEDULE Comparison of Assessment Rates ................................................................. 11 Quarry Community Development District Budget Overview Fiscal Year 2026 Quarry Community Development District Operating Budget Fiscal Year 2026 QUARRY Community Development District General Fund Summary of Revenues,Expenditures and Changes in Fund Balances Fiscal Year 2026 ADOPTED ACTUAL PROJECTED TOTAL ANNUAL BUDGET THRU February- PROJECTED %+/(-) BUDGET ACCOUNT DESCRIPTION FY 2025 1/31/25 9/30/2025 FY 2025 Budget FY 2026 REVENUES Interest-Investments $ 4,000 $ 38,294 $ - $ 38,294 857% $ 8,126 Golf Course Revenue 114,945 57,473 57,472 114,945 0% 114,945 Interest-Tax Collector - 1,770 - 1,770 0% - Special Assmnts-Tax Collector 814,044 753,620 60,424 814,044 0% 814,044 Special Assmnts-Delinquent - (28,051) 28,051 - 0% - Special Assmnts-Discounts (32,562) 1,000 (33,562) (32,562) 0% (32,562) Other Miscellaneous Revenues - - - - 0% - - - - - 0% - - - - - 0% - - - - - 0% - - - - - 0% - TOTAL REVENUES 900,427 824,106 112,385 936,491 904,553 EXPENDITURES Administrative P/R-Board of Supervisors 12,000 3,600 8,400 12,000 0% 12,000 FICA Taxes 918 275 643 918 0% 918 ProfServ-Arbitrage Rebate 600 - 600 600 0% 600 ProfServ-Engineering 45,000 4,261 40,739 45,000 0% 45,000 ProfServ-Legal Services(District) 21,000 1,454 19,546 21,000 0% 21,000 ProfServ-Legal Litigation(Outside Svcs) 25,000 1,063 23,937 25,000 0% 25,000 ProfServ-Mgmt Consulting Sery 64,154 21,385 42,769 64,154 0% 66,079 ProfServ-Other Legal Charges - - - - 0% - ProfServ-Property Appraiser 34,294 7,526 26,768 34,294 0% 34,294 ProfServ-Trustee Fees 4,041 - 4,041 4,041 0% 4,041 ProfServ-Consultants - - - - 0% - Auditing Services 5,500 - 5,500 5,500 0% 5,500 Contract-Website Hosting - - - - 0% - Website Compliance 1,553 388 1,165 1,553 0% 1,553 Postage and Freight 600 202 398 600 0% 600 Insurance-General Liability 7,644 7,227 417 7,644 0% 7,644 Printing and Binding 500 - 500 500 0% 500 Legal Advertising 4,000 - 4,000 4,000 0% 4,000 Miscellaneous Services 2,000 97 1,903 2,000 0% 2,000 Misc-Bank Charges 500 - 500 500 0% 500 Misc-Special Projects 18,279 - 18,279 18,279 0% 18,279 Misc-Assessmnt Collection Cost 16,281 14,511 1,770 16,281 0% 16,281 Misc-Contingency 1,000 248 752 1,000 0% 1,000 Office Supplies 250 - 250 250 0% 250 Annual District Filing Fee 175 175 - 175 0% 175 Payroll Services - 39 - 39 0% - - - - 0% - - - - - 0% - - - - 0% - Total Administrative 265,288 62,451 202,876 265,327 267,213 Field ProfServ-Field Management 5,464 1,821 3,643 5,464 0% 5,628 Contracts-Preserve Maintenance 103,830 51,915 51,915 103,830 0% 103,830 Annual Operating and Debt Service Budget QUARRY Community Development District General Fund Summary of Revenues,Expenditures and Changes in Fund Balances Fiscal Year 2026 ADOPTED ACTUAL PROJECTED TOTAL ANNUAL BUDGET THRU February- PROJECTED %+/(-) BUDGET ACCOUNT DESCRIPTION FY 2025 1/31/25 9/30/2025 FY 2025 Budget FY 2026 Contracts-Lake Maintenance 65,004 21,668 43,336 65,004 0% 66,960 R&M-General 70,000 4,175 65,825 70,000 0% 70,000 R&M-Lake 184,672 - 184,672 184,672 0% 184,672 R&M-Fence 2,500 - 2,500 2,500 0% 2,500 R&M-Weed Harvesting 75,000 20,015 54,985 75,000 0% 77,250 Miscellaneous Maintenance 3,670 - 3,670 3,670 0% 1,500 Annual Operating and Debt Service Budget QUARRY Community Development District General Fund Summary of Revenues,Expenditures and Changes in Fund Balances Fiscal Year 2026 ADOPTED ACTUAL PROJECTED TOTAL ANNUAL BUDGET THRU February- PROJECTED %+/(-) BUDGET ACCOUNT DESCRIPTION FY 2025 1/31/25 9/30/2025 FY 2025 Budget FY 2026 Capital Projects 75,000 16,910 58,090 75,000 0% 75,000 - - - 0% - - - - 0% - - - - - 0% - - - - 0% - Tota/Field 585,140 116,504 468,636 585,140 587,340 Reserves Reserve-Other 50,000 - 50,000 50,000 0% 50,000 - - - 0% - - -- - 0% - - - - 0% - Tota/Reserves 50,000 - 50,000 50,000 50,000 TOTAL EXPENDITURES&RESERVES 900,428 178,955 721,512 900,467 904,563 Excess(deficiency)of revenues Over(under)expenditures (1) 645,151 (609,127) 36,024 - OTHER FINANCING SOURCES(USES) Operating Transfers-Out - - - - - TOTAL OTHER SOURCES(USES) (1) - - - - Net change in fund balance (1) 645,151 (609,127) 36,024 - FUND BALANCE,BEGINNING 1,249,836 1,249,836 - 1,249,836 1,285,860 FUND BALANCE,ENDING $ 1,249,835 $ 1,894,987 $ (609,127) $ 1,285,860 $ 1,285,860 Annual Operating and Debt Service Budget QUARRY Community Development District General Fund Budget Narrative Fiscal Year 2026 REVENUES Interest-Investments The District earns interest on the monthly average collected balance for their money market account. Golf Course Revenue The District receives yearly revenue from golf course. Special Assessments-Tax Collector The District will levy a Non-Ad Valorem assessment on all the assessable property within the District 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 P/R-Board of Supervisors Chapter 190 of the Florida Statutes allows for members of the Board of Supervisors to be compensated$200 per meeting at which they are in attendance. The amount for the Fiscal Year is based upon all supervisors attending all the meetings. Six meetings are scheduled. FICA Taxes Payroll taxes on Board of Supervisors compensation. The budgeted amount for the fiscal year is calculated at 7.65% of the total Board of Supervisor's payroll expenditures. Professional Services-Arbitrage Rebate Calculation The District utilizes a company who specializes in calculating the District's Arbitrage Rebate Liability on the Series of Benefit Special Assessment Bonds. The budgeted amount for the fiscal year is based on standard fees charged for this service. Professional Services-Engineering The District's engineer provides general engineering services to the District, i.e., attendance and preparation for monthly board meetings when requested, review of invoices, annual engineer report for compliance purpose and other specifically requested assignments. Annual engineer's report as required by the bond indenture. Professional Services-Legal Services (District) The District's Attorney, Hopping Green & Sams P.A. provides general legal services to the District, i.e., attendance and preparation for monthly Board meetings, review of contracts, review of agreements and resolutions, and other research as directed or requested by the Board of Supervisors and the District Manager. Professional Services-Legal Litigation (Outside Services) The District's Attorney, Grant, Fridkin, Pearson P.A. provides litigation legal services to the District, i.e., attendance and preparation for monthly Board meetings, review of contracts, review of agreements and resolutions, and other research as directed or requested by the Board of Supervisors and the District Manager. EXPENDITURES Annual Operating and Debt Service Budget QUARRY Community Development District General Fund Budget Narrative Fiscal Year 2026 Administrative (continued) Professional Services-Management Consulting Services The District receives management, accounting, and administrative services as part of a management agreement with Inframark Infrastructure Management Services. Also includes cost of Information Technology (GASB 54 Compliant Software System), transcription services, records management, and long-term offsite records storage. The budgeted amount for the fiscal year is based on the contracted fees outlined in Exhibit"A"of the management agreement. Professional Services-Property Appraiser Collier County Non-Ad Valorem Tax roll. 1.5% of current fiscal year total assessments less prior year excess fees and/or adjustments. Professional Services-Trustee The District issued this Series 2020 Special Assessment Bond that is deposited with a Trustee to handle all trustee matters. The annual trustee fee is based on standard fees charged plus any out-of-pocket expenses. Auditing Services The District is required to conduct an annual audit of its financial records by an Independent Certified Public Accounting Firm. The budgeted amount for the fiscal year is based on contracted fees from an existing engagement letter. Website Compliance The District contracted with a company to operate the website ADA compliance to meet Florida statutes. Postage and Freight Actual postage and/or freight used for District mailings including agenda packages, vendor checks and other correspondence. Insurance-General Liability The District's General Liability & Public Officials Liability Insurance policy is with Florida Insurance Alliance. They specialize in providing insurance coverage to governmental agencies. The budgeted amount allows for a projected increase in the premium. A 3%increase is projected. Printing and Binding Copies used in the preparation of agenda packages, required mailings, and other special projects. Legal Advertising The District is required to advertise various notices for monthly Board meetings and other public hearings in a newspaper of general circulation. Miscellaneous Services The District may incur other unanticipated services. Misc-Bank Charges The District may incur unanticipated bank fees. Misc-Special Projects The District special projects during the year. EXPENDITURES Annual Operating and Debt Service Budget QUARRY Community Development District General Fund Budget Narrative Fiscal Year 2026 Administrative(continued) Miscellaneous-Assessment Collection Costs The District reimburses the Collier County 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. Misc-Contingency The District may incur unbudgeted expenditures. Office Supplies Supplies used in the preparation and binding of agenda packages, required mailings, and other special projects. Annual District Filing Fee The District is required to pay an annual fee of$175 to the Department of Economic Opportunity. Field Professional Services-Field Management The District contract for field management services. Contracts-Preserve Maintenance Quarterly preserve contract with Collier Environmental Services,A/K/A Peninsula Improvement Corporation. Contracts-Lake Maintenance Monthly service for$5,417 for lake and littoral maintenance with Collier Environmental Services,A/K/A Peninsula Improvement Corporation. R&M-Weed Harvesting Lake weed work for the District. R&M-General General expenditures that may incur for the District. R&M-Lake Other lake expenditures that may incur for the District. Miscellaneous Maintenance District other maintenance. Water Quality Testing Based on 40%of$43,700 proposed by CPH. Capital Projects The District purchase of capital expenditures. Includes construction of a weed harvesting boat ramp. EXPENDITURES Reserves Annual Operating and Debt Service Budget QUARRY Community Development District General Fund Budget Narrative Fiscal Year 2026 Reserve-Other Planned expenditures the District allocated for future projects Annual Operating and Debt Service Budget QUARRY Community Development District Exhibit"A" Allocation of Fund Balances AVAILABLE FUNDS Amount Beginning Fund Balance-Fiscal Year 2026 $ 1,285,860 Net Change in Fund Balance-Fiscal Year 2026 - Reserves- Fiscal Year 2026 Additions 50,000 Total Funds Available(Estimated)-9/30/2026 1,335,860 ALLOCATION OF AVAILABLE FUNDS Assigned Fund Balance Operating Reserve-First Quarter Operating Capital 177,013 (1) Reserves-Other(Previous Years) 150,000 Reserves-Other FY 2026 50,000 Subtotal 200,000 Total Allocation of Available Funds 377,013 Total Unassigned(undesignated)Cash $ 958,847 Notes (1)Represents approximately 3 months of operating expenditures Annual Operating and Debt Service Budget Quarry Community Development District Debt Service Budget Fiscal Year 2026 QUARRY Community Development District 204-Series 2020 Debt Service Fund Summary of Revenues,Expenditures and Changes in Fund Balances Fiscal Year 2026 Budget ADOPTED ACTUAL PROJECTED TOTAL ANNUAL BUDGET THRU February- PROJECTED BUDGET ACCOUNT DESCRIPTION FY 2025 1/31/25 9/30/2025 FY 2025 FY 2026 REVENUES Interest-Investments - 9,043 $ 9,043 $ 18,086 $ - Special Assmnts-Tax Collector 1,472,226 1,362,944 $ 109,282 1,472,226 1,472,226 Special Assmnts-Delinquent - $ - - - Special Assmnts-Discounts (58,889) - $ (58,889) (58,889) (58,889) TOTAL REVENUES 1,413,337 1,371,987 59,436 1,431,423 1,413,337 EXPENDITURES Administrative Misc-Assessmnt Collection Cost 29,445 26,244 3,201 29,445 29,445 Total Administrative 29,445 26,244 3,201 29,445 29,445 Debt Service Principal Debt Retirement 1,128,000 - 1,128,000 1,128,000 1,151,000 Principal Prepayments - - - - - Interest Expense 242,772 121,386 121,386 242,772 220,888 Interest Expense - - - - - CostofIssuance - - - - - Total Debt Service 1,370,772 121,386 1,249,386 1,370,772 1,371,888 TOTAL EXPENDITURES 1,400,217 147,630 1,252,587 1,400,217 1,401,333 Excess(deficiency)of revenues Over(under)expenditures 13,120 1,224,357 (1,193,151) 31,206 12,004 OTHER FINANCING SOURCES(USES) Interfund Transfer-In - - - - - Proceeds of Refunding Bonds - - - - - Operating Transfers-Out - - - - - Contribution to(Use of)Fund Balance 13,120 - - - TOTAL OTHER SOURCES(USES) 13,120 - - - - Net change in fund balance 13,120 1,224,357 (1,193,151) 31,206 12,004 FUND BALANCE,BEGINNING 649,934 649,934 1,874,291 649,934 681,140 FUND BALANCE,ENDING $ 663,054 $ 1,874,291 $ 681,140 $ 681,140 $ 693,144 Annual Operating and Debt Service Budget Quarry Community Development District Special Assessment Refunding Bonds,Series 2020 Refunding of Special Assessment Refunding Bonds,Series 2019 Period Extraordinary Annual Debt Ending Par Outstanding Principal Redemption Coupon Interest Debt Service Service 5/1/2025 12,514,000 1,128,000 1.940% 121,386 1,249,385.80 1,370,771.60 11/1/2025 11,386,000 110,444 110,444.20 5/1/2026 11,386,000 1,151,000 1.940% 110,444 1,261,444.20 1,371,888.40 11/1/2026 10,235,000 99,280 99,279.50 5/1/2027 10,235,000 1,173,000 1.940% 99,280 1,272,279.50 1,371,559.00 11/1/2027 9,062,000 87,901 87,901.40 5/1/2028 9,062,000 1,196,000 1.940% 87,901 1,283,901.40 1,371,802.80 11/1/2028 7,866,000 76,300 76,300.20 5/1/2029 7,866,000 1,220,000 1.940% 76,300 1,296,300.20 1,372,600.40 11/1/2029 6,646,000 64,466 64,466.20 5/1/2030 6,646,000 952,000 1.940% 64,466 1,016,466.20 1,080,932.40 11/1/2030 5,694,000 55,232 55,231.80 5/1/2031 5,694,000 970,000 1.940% 55,232 1,025,231.80 1,080,463.60 11/1/2031 4,724,000 45,823 45,822.80 5/1/2032 4,724,000 990,000 1.940% 45,823 1,035,822.80 1,081,645.60 11/1/2032 3,734,000 36,220 36,219.80 5/1/2033 3,734,000 1,009,000 1.940% 36,220 1,045,219.80 1,081,439.60 11/1/2033 2,725,000 26,433 26,432.50 5/1/2034 2,725,000 891,000 1.940% 26,433 917,432.50 943,865.00 11/1/2034 1,834,000 17,790 17,789.80 5/1/2035 1,834,000 908,000 1.940% 17,790 925,789.80 943,579.60 11/1/2035 926,000 8,982 8,982.20 5/1/2036 926,000 926,000 1.940% 8,982 934,982.20 943,964.40 $ 12,514,000 $1,500,512 $ 14,014,512 $ 14,014,512 Annual Operating and Debt Service Budget QUARRY Community Development District Debt Service Fund Budget Narrative Fiscal Year 2026 REVENUES Special Assessments-Tax Collector The District will levy a Non-Ad Valorem assessment on all the assessable property within the District to pay for the debt service expenditures during the Fiscal Year. Special Assessments-Discounts Per Section 197.162, Florida Statues,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 Miscellaneous-Assessment Collection Cost The District reimburses the Collier County Tax Collector for her or his 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. Principal Debt Retirement The District pays an annual principal amount on 5/1 of each fiscal year. Interest Expense The District pays semi-annual interest amounts on 5/1 and 11/1 of each fiscal year. Annual Operating and Debt Service Budget Quarry Community Development District Supporting Budget Schedule Fiscal Year 2026 h a c U- Q C• N m w m c0)Ow) N N- d'w d r O)O^ N N N'; N -O m N abp m m O O O 0 0 0 ggggggg O O U O G C G C O O O O 0 0 0 0 0 p 0 0 0 0 0 0 O O G G O 0 0 0 O G G O 66 7 p) 8 0 0 0 0 0222 22222 2222222 22222222 2222 88 ii O O O 0 0 0 0 O O O Ow»w.g w w w w W.w w w . . .g w w w w w w w w www q w w w w w w w d. b w N m N N m r w O N to O O r w'o w N 2 2 2 w LW w O N w O N M 0 `q?.[°WZOlgm t0 aNp O O .1L w w w w w w w 222 22223 2222222 22222232 3222 22 O r On)g 222 2Z712g7, pV 222M4422 O;'2O 22 ap'U w m N lV N G n� 4WiaZAOi N O f N M V m I� M d N O V ip NN LL ....... ... ..... ....... ........ .... .. C) 0 0 0 0 0 0 0 ggg Ogggg 0 0 O O O O O O O O O 0 0 0 0 gg ✓ 6666666 O O O G O O C O G C 0 0 0 0 0 66666666 0 0 0 0 66 e N N N N N N N w w m d M M M cd')cd')cd') 44444444 ip'o ip ip N N 2222222 d d d MCI m 0 d O O d d O O L y LL N w N I I W w W d two. g w w w w w w w w ..... 2222... w.w w w w gg N N N N N222 N N A M d44444444 «d 'o o n O V<< 3O<VO ggggggg 212 CCbw g g LLw...... www wwwww wwwwwww 11111113 awww w w w N N N O N N C e v o 0 0 0 o a a o 0 ce N \ 0 0 0 O O O O O O O Oggggggg ggggggggO O O O gg C ' U 6666666 666 0 0 0 0 0 0 0 0 0 0 0 0 O O O O O O G C 6666 66 OC N _ m o w U E 3 w w m w M T 2 i0 i0 i0 2 2 O2 0 0 12 r N w N w N n N N LL wwww w w w N N Q w N 'y w w w w www w w w w w w w w w w.w g w q q w w w w r Q ] 8 LL NUN) C O N .. c N E p M M M M M M o w 20 w V<V V O O O V 0 0 0 0 y R d m Odi m m m m ' N N N N N w ,,n 0 0 0 0 0 U gy N w w w w w w w w w w w www w w w w w w w w w w w w w w g w w w w w °�' C>- LL N N m E ... 0 o u U w S LL at g g e g g e ! A 0 0 0 0 0 O O O 66666 0 6666666 o 0 o o o 0 0 0 0 0 0 N . . 6666666 666 0 0 0 0 0 OO 0 0 0 0 0 0 66666666 O O O O = � �t Z O d'm U)2. 0 00 C O N M 0 a0 O 0 0 m O 0 M O N N O o .d N a0D O C N m W W . ro O h O � 0'p 0 V 'n O�O� t"i t�M th Om Y N N V M r N N V'w0 g M'p r O m r r N C LL'D'O'O'O F.'d0 LL ...... ... .... ...... ....... .... W W w'D m 112221222 ") o'd0o n o �n a on 2m oo m NN1000°Do roN 000 N m� meO too n'c� ww E Z NCOh r000 u v,co n 'o w m..,.'-.. o w LL LL w.w wwwwww www wwww wwwwww wwwwwww w.ww m qw p J i u w od m dd No O� N v N wN ; o 0 o d°o 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 66666666 0 0 o ` Z c c ,,L.' '`+ m� u a [Tor;"�� • >Q Hm w v r 2222222 222 u`°)v`°)d mmmmm 2222222 wnnne nnnnnnn a V 0 0 0 0 o0 0 o .0'?cv m `0a `c e �� o 00000 od ww p z N nw'^ do m N N _LL wwwwwww www wwwww wwwwwww wwwwwww. wwww `m mu. ww L. y 0 d d d d d d d 0 V O V O d Q' n n O d r e 200002 Noo o O t r N 0' e'o ovdi o ww o z o moN a) w N w w o LL q.w w w w w w w w w w w w w � � LL w w w � w m C w m y w w -c S 0 Q ry N O ❑ y = 2 a ,aa 0N U oV Zj E a. == � rwon°w m C n J m LL m am .� '°000 o m 0_ 0 m w im 0 m rn c N m ✓ n M• C N D• o a Co Quarry CDD Action Items List Updated 3/7/25 BOARD ACTION ITEMS DATE RESPONSIBLE LAST DUE DATE RECEIVED PARTY CONTACT 1 Develop contract amdendment with Collier Environmental Services for a price 12/9/2024 Attorney 2/17/2025 3/4/2025 increase as approved by the Board for lake management services. 2 5/13/2024 Attorney TBD 3/5/2025 Send letter to Quality Enterprises after receiving documentation from CPH regarding blocked structures. 3 Work on the easement request for property access 10/9/2023 Attorney TBD 1/30/2025 4 Develop final closure letter for Glase Golf Phase I&Phase II projects 9/9/2024 Attorney TBD 3/7/2025 5 Clean out structures W1 W4&W1 L30 2/25/2025 CES 4/4/2025 3/4/2025 Have the Goals&Objectives document posted to the website as required by 6 12/1/2025 7/15/2024 District Manager 12/1/2025 1/13/2025 7 Work with outside counsel on possible FEMA extension for further District 10/9/2023 District Manager TBD 3/3/2025 reimbursement 8 Update Board every two weeks on action items. 3/11/2024 District Manager 3/24/2025 3/7/2025 9 9018 Quarry Drive-Drain observed close to lake bank,but could be on their 2/21/2025 Engineer 4/10/2025 3/7/2025 property 10 Reveiw 9385 Copper Canyon Court 1/13/2025 Engineer 2/10/215 1/31/2025 11 1/13/2025 Engineer 2/10/2025 1/31/2025 Review 9160 Flint Court 12 Review and provide comment on the 9160 Flit Court Drainage inqury from the QCA 11/11/2024 Engineer 12/9/2024 12/2/2024 13 9360 Marble Stone Drive Measure to see if easement agreement needed 2/10/2025 Engineer 3/10/2025 14 Have the Quality Enterprises,USA Phase II&Phase Ill Warranty Inspection repairs 2022 Engineer TBD 3/52025 completed 15 Complete Phases 1-3 of Work Authorization#6 Shoreline Restoration Design 2024 3/11/2024 Engineer TBD 3/4/2025 and publish the RFP after incorporating Supervisor Comments 16 Ensure yearly audit is submitted by 6/30 10/1/2023 Finance 6/30/2025 8/24/2024 17 11/13/2023 Recording 3/10/2025 3/6/2025 Send out bank rate sheet to the Board on a monthly basis 18 Develop CDD email address for Mr.Wrap 2/10/2025 Recording 3/17/2025 3/5/2025 19 Complete Ethics Training Requirement 1/13/2025 Supervisors 12/31/2025 2/10/2025 20 File Form 1 2/4/2025 Supervisors 7/1/2025 2/10/2025 LAKE BANK RESTORATION ACTION ITEMS 1 Follow up with Glase Golf on Pay Apps including NAVD overages on Phase I& 10/9/2023 Engineer TBD 12/2/2024 Phase II projects,and inquire aobut restocking fees for items not used 2 Follow up with Glase Golf on floating pipe issues 2/12/2024 Engineer Dry Season 11/11/2024 3 Secure and reattach Lake 57 section of pipe as reported by Mr.Patrick on 3/30/24 3/30/2024 Glase Golf TBA 11/11/2024 QCA I HOME OWNER REQUESTS 1 Have pool overflow extension removed from 9171 Shale Court 7/15/2024 QCA 1/13/2024 3/7/2025 2 Have homeowner correct drainage install at 8986 Quarry Drive 10/14/2024 QCA 12/1/2024 12/2/2024 3 9075 Graphite Circle Variance 12/9/2025 QCA TBD 3/7/2025 4 9262 Marble Stone Drive Variance 1/13/2025 QCA TBD 3/7/2025 5 8723 Coastline Court-Illicit discharge reported 2/21/2025 QCA 4/5/2025 6 8986 Quarry Drive pool overflow and drain spout too close to bank 2/21/2025 QCA 4/5/2025 7 9002 Quarry Drive Pool overflow causing erosion on lake bank 2/21/2025 QCA 4/5/2025 8 9024 Graphite Circle.The pool drain extension coulddamage the repaired lake bank 2/21/2025 QCA 4/5/2025 and should likely be removed 9 Lk 62-Washout appears to be developing due to irrigation fromwestern landscaping 2/21/2025 QCA 4/5/2025 bed. 10 Lk 41-Washout from irrigation observed on the southern lane bankbehind 9559 2/21/2025 QCA 4/5/2025 Coquina Circle 11 Lk 30 Boulder-Brazilian pepper trees observed in hedge on parcel 68986800528 2/21/2025 QCA 4/5/2025 that should be removed and treated 12 Lk 30 Boulder-Possible irrigation leaks causingholes on thelake bank behind the 2/21/2025 QCA 4/5/2025 hedge along Quarry Drive that should beinvestigated and repaired if found. 13 Lk 30 Boulder-Brazilian pepper observed on the western bank of the lagoon behind 2/21/2025 QCA 4/5/2025 Spinner Cove Lane on parcel 68986771165 14 Lk 30 Boulder-Brazilian pepper trees observed near bridge onparcel 68986771148 2/21/2025 QCA 4/5/2025 that should be removed and treated 15 9355 Marble Stone Drive swale appears to have been filled in partially 2/21/2025 QCA 4/5/2025 16 9146 Quartz Lane Pool review 2/4/2025 QCA 3/10/2025