tradition community development districts 1-10 port …€¦ · 10/06/2020 · florida 34987 all...

TRADITION COMMUNITY DEVELOPMENT

DISTRICTS 1-10

PORT ST. LUCIE REGULAR BOARD MEETING

JUNE 10th, 2020 11:00 A.M.

Special District Services, Inc. The Oaks Center

2501A Burns Road Palm Beach Gardens, FL 33410

www.traditioncdd1.org www.traditioncdd2.org www.traditioncdd3.org www.traditioncdd4.org www.traditioncdd5.org www.traditioncdd6.org www.traditioncdd7.org www.traditioncdd8.org www.traditioncdd9.org www.traditioncdd10.org

561.630.4922 Telephone 877.SDS.4922 Toll Free 561.630.4923 Facsimile

http://www.traditioncdd1.org/










AGENDA TRADITION COMMUNITY DEVELOPMENT DISTRICT Nos. 1-10

Join Zoom Meeting: https://us02web.zoom.us/j/86832797851 Meeting ID: 868 3279 7851

OR Dial In at:1 929 436 2866

REGULAR BOARD MEETING June 10th, 2020

11:00 a.m.

A. Call to Order

B. Covid-19 Public Health Emergency/Governor’s Executive Order No. 20-69

C. Proof of Publication…………………………………………………………………………….....Page 1

D. Establish Quorum

E. Additions or Deletions

F. Comments from the Public Not on the Agenda

G. Consent Items

1. Approval of March 11, 2020 Regular Board Meeting Minutes.................................................

2. Approval of WA# 19-143-109; Circle K - Surface Water.........................................................Page 6

H. Old Business

I. New Business

1. Consider Resolution No. 2020-10; Proposed Budget for Fiscal Year 2020-2021; Approving Proposed Budget and Setting Pubic Hearing..............................................................................Page 8

2. Consider Assignment and Transfer of Public Road Credits to Mattamy, Palm Beach, LLC.....Page 69

3. Consideration of Purchase and Installation of Roundabout Signs as Identified by the

District Engineer.........................................................................................................................Page 124

J. Administrative Matters

1. Manager’s Report

2. Attorney’s Report

3. Engineer’s Report

4. Financial Report

5. Founder’s Report

K. Board Member Comments

L. Adjourn

https://us02web.zoom.us/j/86832797851

As a result of the COVID-19 public health emergency declared by the Governor on March 9, 2020, and as authorized by the Governor’s Executive Order No. 20-69 issued on March 20, 2020, I recommend that during the emergency the Board:

• Suspend application of the Board’s Rule 1.4, Meetings and Workshops, until expiration of the Governor’s emergency declaration.

• Hold Board meetings using communication media technology,

• Limit the Board meeting agenda to those items determined by the District Manager and Chair to be essential to the continued operation of the District,

• Exclude all presentations on matters not appearing on the Board meeting agenda, and

• Adopt the Board meeting procedures described in the special meeting notice dated May 25, 2020.

TRADITION COMMUNITY DEVELOPMENT DISTRICT NOS. 1-10

NOTICE OF MEETING BY COMMUNICATIONS MEDIA TECHNOLOGY

As a result of the public health emergency that exists in the State of Florida as a consequence of the COVID-19 coronavirus, in light of the guidelines established by the Centers for Disease Control for the protection of all members of the community, and with the authority granted by Executive Orders issued by Governor Ron DeSantis, including Executive Order 20-69 (Emergency Management—COVID-19—Local Government Public Meetings), the Boards of Supervisors of the Tradition Community Development District Nos. 1-10 give notice that they will conduct a meeting using communications media technology on June 10, 2020, at 11:00 a.m. Additional information about this Board meeting can be obtained from the District Manager, B. Frank Sakuma, Jr. by email at [email protected], or by telephone at (772) 453-0975.

The public can participate in this Board meeting by joining via video conferencing at:

Join Zoom Meeting: https://us02web.zoom.us/j/86832797851

Meeting ID: 868 3279 7851

OR Dial In at: 1 929 436 2866

The public may also offer public comment or submit written or other physical evidence by

emailing comments or evidence to the following email address: [email protected], or mailing comments or evidence to B. Frank Sakuma, Jr., at 10807 SW Tradition Square, Port St. Lucie, Florida 34987. All emails and evidence received by June 8, 2020, will be provided to Board Members in advance of the meeting and will be posted on the District’s website along with the minutes of the Board Meeting. The public is advised that this email address will be used solely for obtaining public comments and evidence for the Board Meeting and should not be used for other purposes or questions. All comments received will be public records.

Dated this 25th day of May, 2020.

TRADITION COMMUNITY DEVELOPMENT DISTRICT NOS. 1-10 By: B. Frank Sakuma, Jr., District Manager

www.traditioncdd1.org PUBLISH: ST. LUCIE NEWS TRIBUNE 06/02/20

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https://us02web.zoom.us/j/86832797851

TRADITION COMMUNITY DEVELOPMENT DISTRICT NO.’S 1-10 REGULAR BOARD MEETING

MARCH 11, 2020

A. CALL TO ORDER

The Regular Board Meeting of the Tradition Community Development District No.’s 1-10 of March 11, 2020, was called to order at 11:00 a.m. in the Tradition Town Hall located at 10799 SW Civic Lane, Port St. Lucie, Florida 34987. B. PROOF OF PUBLICATION

Proof of publication was presented that showed that notice of the Regular Board Meeting had been published in the St. Lucie News Tribune on October 4, 2019, as part of the District’s Fiscal Year 2019/2020 Regular Meeting Schedule, as legally required. C. ESTABLISH A QUORUM It was determined that the attendance of the following Supervisors constituted a quorum and it was in order to proceed with the meeting: CDD #’s 1,2,7,8,9,10 Chairman Scott Hayman Present Vice Chairman Jared Shaver Present Supervisor Steven Kalberer Absent Supervisor Catherine Dahl Present Supervisor Tania Contreras Present

CDD # 3 Chairman Isiah Steinberg Present Vice Chairman Rick Dufour Present Supervisor Carol Anderson Absent Supervisor Charles Cangianelli Present Supervisor Rosario “Roy” Perconte Present

CDD # 4 Chairman Gail Cost Present Vice Chairman Norm Ytkin Present Supervisor Rob Siedlecki Present Supervisor Lisa Crovato Absent Supervisor Geof Hoge Present

CDD # 5 Chairman Cathy Powers Present Vice Chairman Chris King Absent Supervisor William DeBeck Present Supervisor Rick Dixon Present Supervisor Frank Webster Absent

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CDD # 6 Chairman Frank Carapazza Absent Vice Chairman Jerry Krbec Present Supervisor Howard Rothman Present Supervisor Luis Pagan Absent Supervisor Tom Battaglia Present

Staff members in attendance were: District Manager B. Frank Sakuma, Jr. Special District Services, Inc. District Manager Andrew Karmeris Special District Services, Inc. Assistant District Manager Jessica Wargo Special District Services, Inc. District Counsel Dan Harrell Gonano and Harrell Law District Engineer Kelly Cranford Culpepper and Terpening

Also present were; (See attached sign-in sheets) D. ADDITIONS OR DELETIONS TO THE AGENDA Mr. Sakuma announced the deletion of Item “I” Administrative Matters #3; Mr. Frank Carapazza requested for the Board to table the roundabout update until the next meeting. He was unable to attend and would like to be present. A motion was made by Mr. Hoge, seconded by Mr. Rothman and passed unanimously to table the roundabout update until the next CDD meeting. Both Mr. Hoge and Mr. Rothman asked for someone from the City and the Police department to be available to speak at the next meeting, regarding the safety of the roundabouts and how to properly navigate. E. COMMENTS FROM THE PUBLIC Mrs. Mary Milmore of Town Park, asked about the details of the Community Blvd Road closure; How long is the closure and how will it impact the Town Park Residents entrance on Community Blvd? She was informed that the closure was not a CDD matter and to address this issue with Mattamy Homes. Mrs. Milmore also requested an explanation on how Lake & Wetlands does their monthly activity inspections report: When “debris” is noted on the report, is it removed or just observed? When a new herbicide is used, is the CDD notified and is there an MSDS on the new product? Dan with Lake & Wetlands addressed her questions. Mr. Joe Pinto of Vitalia, asked if a traffic light would ever be considered in lieu of the roundabouts. F. CONSENT ITEMS

1. Approval of January 8, 2020, Regular Board Meeting Mr. Sakuma asked if there were any revisions to the minutes of the January 8, 2020, Regular Board Meeting. There being no revisions, a Motion was made by Mr. Cangianelli, seconded by Mr. Shaver and passed unanimously to Approve all item(s) under consent.

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G. OLD BUSINESS There were no matters of old business to come before the Board. H. NEW BUSINESS

1. Consider Memorandum No. 20-02: Notice of Qualifying Period-Elections of Members of the Boards of Supervisors of District Nos. 3,4,5, and 6

A motion was made by Mr. Rothman, seconded by Dr. Powers and passed unanimously to Approve Memorandum No. 20-02: Notice of Qualifying Period-Elections of Members of the Boards of Supervisors of District Nos. 3,4,5, and 6. District Attorney, Dan Harrell, gave an outline of the Memo process for the elections of the resident Boards.

2. Consider WA #19-143-106: At Home (Surface Water)

A motion was made by Mr. Ytkin, seconded by Mr. Cangianelli and passed unanimously to Approve Work Authorization #19-143-106: At Home (Surface Water). This retail store specializes in home décor products. The associated plat was approved by the CDD Board on October 17, 2019. Mrs. Cranford, District Engineer, addressed the Board and recommended the project move forward.

3. Consider WA #19-143-107: Plat 82 (Plat)

A motion was made by Mr. Hoge, seconded by Mr. Ytkin and passed unanimously to Approve Work Authorization #19-143-107: Plat 82. This request is for platting 9.2 acres within CDD 4.

4. Consider WA #19-143-108: Dairy Queen (Surface Water)

A motion was made by Mr. Cangianelli, seconded by Mr. Steinberg and passed, with (1) no vote by Mr. Rothman, to Approve Work Authorization #19-143-108: Dairy Queen (Surface Water). The request is within CDD #3 for a 2900-sf restaurant with drive-through service. Mr. Rothman is opposed to the location of Dairy Queen.

5. Consider Resolution No. 2020-04; Establishing a District Checking Account,

Designating a District Official to Authorize and Approve Issue of Payment of Expenditures, Selecting the Signatories and Providing an Effective Date; for District Nos. 1, 2, 7, 8, 9, 10.

Resolution No. 2020-04 was presented, entitled:

RESOLUTION No. 2020-04

A RESOLUTION OF THE BOARD OF SUPERVISORS AUTHORIZING THE ESTABLISHMENT OF A DISTRICT CHECKING/OPERATING ACCOUNT, DESIGNATING DISTRICT OFFICALS AND/OR AUTHORIZING STAFF TO REVIEW, APPROVE AND ISSUE PAYMENT OF EXPENDITURES, SELECTING THE SIGNATORIES THEREOF; AND PROVIDING AN EFFECTIVE DATE. A motion was made by Mrs. Dahl, seconded by Mr. Shaver and passed unanimously to Adopt Resolution No. 2020-04; Establishing District Checking Account Signatories.

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I. ADMINISTRATIVE MATTERS

1. Manager’s Agenda Mr. Sakuma reviewed the Irrigation System Rate Committee Meeting Schedule: April 8, 2020 & July 8, 2020 - 9am @ the Tradition Town Hall.

2. Attorney’s Report

Mr. Harrell had nothing further to report at this time.

3. Engineer’s Report

Mrs. Cranford had no further reports at this time.

4. Financial Report Mr. Karmeris presented the financial report. Mr. Krbec complimented the new look and layout of the presentation.

5. Founder’s Report

Mr. Palumbo was absent – no founder’s update. J. BOARD MEMBER COMMENTS Dr. Powers asked about not being able to meet in person, due to the COVID-19 Virus. Mr. Sakuma explained about a possible conference call in number. Mr. DeBeck and Dr. Powers both requested an updated on the Wetland area off Ligustrum Dr. in Vitalia. Mrs. Cranford advised the drawings had been approved and that Mr. Sakuma would be sending them. Mr. DeBeck requested an update on the modification for the irrigation valves for his CDD. Mrs. Cranford replied they have not been approved yet, but is currently under review. K. ADJOURNMENT There being no further business to come before the Board, Mr. Steinberg moved for adjournment at 11:56 p.m., Mr. Shaver seconded and the motion carried unanimously. _________________________________ ____________________________________ Secretary/Assistant Secretary Chair/Vice-Chair

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TRADITION COMMUNITY DEVELOPMENT DISTRICT BOARD AGENDA ITEM

Subject: Circle K WA 19-143-109 (Surface Water) Background

On May 9, 2020, the Tradition CDD Engineer received an application for a Work Authorization for Circle K, a gas station and convenience store. This request is for development of 7.98 acres within CDD 4. The dry detention area, common to the lots within the plat, will be maintained by the CDD. The associated plat was approved by the CDD Board on March 11, 2020. (WA 19-143-107)

Recommended Action

Ratification of the Approval of the Work Authorization 19-143-109. Location: Tradition CDD 4

Drainage Basin BCanal4 Within Tradition Irrigation Service Area? Yes. Connection to CDD’s system will

be authorized under a modification to this Work Authorization

Fiscal Information: Dry detention area will be maintained by the CDD upon completion and

acceptance by the CDD. Grant Related? No Additional Comments: None Board Action Moved by: Seconded by: Action Taken: Item Prepared by: Kelly Cranford, P.E. Project Number: 19-143.TR4.006

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CULPEPPER & TERPENING INC

WA 19-143-109

Project No. 19-143.TR2.016 Date: 05/29/2020

WA 19-143-109 Location Map Circle K

EXHIBIT 1 Circle K

SITE LOCATION MAP

Circle K WA 19-143-109

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RESOLUTION 2020-10

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE TRADITION COMMUNITY DEVELOPMENT DISTRICT NO. 1 APPROVING THE DISTRICT'S PROPOSED BUDGET FOR FISCAL YEAR 2020/2021; SETTING A PUBLIC HEARING THEREON PURSUANT TO FLORIDA LAW; DIRECTING STAFF TO PROVIDE A COPY OF THE PROPOSED BUDGET TO THE LOCAL GENERAL PURPOSE GOVERNMENT AND PROVIDING FOR NOTICE OF SAID HEARING PUSUANT TO LAW.

WHEREAS, the District Manager has heretofore prepared and submitted to the Board

a proposed budget for fiscal year 2020/2021 attached hereto as Exhibit A; and

WHEREAS, the Board of Supervisors has considered said proposed budget and desires to set the required public hearing thereon.

NOW, THEREFORE BE IT RESOLVED BY THE BOARD OF

SUPERVISORS OF TRADITION COMMUNITY DEVELOPMENT DISTRICT NO.1:

1. The budget proposed by the District Manager for fiscal year 2020/2021, attached hereto as Exhibit A, is hereby approved as the basis for conducting a public hearing to adopt said budget.

2. A public hearing on said approved budget is hereby declared and set for the

following date, hour and place:

Date:

Hour:

Place: ________________________________

3. The District Manager shall send a copy of the proposed budget to the City

of Port St. Lucie at least 60 days prior to the date of the public hearing.

4. The District Manager shall cause notice of the public hearing to be provided by publication in a newspaper of general circulation in St. Lucie County once a week for two consecutive weeks with the first publication not less than 15 days prior to the date of the public hearing.

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PASSED AND ADOPTED THIS 10th DAY OF June 2020.

TRADITION COMMUNITY DEVELOPMENT DISTRICT NO. 1

Chairman / Vice Chairman

ATTEST:

Secretary/ Assistant Secretary

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EXHIBIT "A"

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Tradition CommunityDevelopment Districts #1-10

Final Budget ForFiscal Year 2020/2021

October 1, 2020 - September 30, 2021

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CONTENTS

3-4 PROPOSED BUDGET-RECAP CDD1-10

5-7 PROPOSED BUDGET-RECAP FY20 COMPARISON

8-9 PROPOSED BUDGET-CDD 1










28 PROPOSED O&M ASSESSMENT RECAP

29 PROPOSED DEBT SERVICE BUDGET

30 PROPOSED BUDGET- IRRIGATION

31 PROPOSED DEBT SERVICE IRRIGATION SERIES 2017 BOND

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PROPOSED BUDGETTRADITION COMMUNITY DEVELOPMENT DISTRICTS #1-10

FISCAL YEAR 2020/2021OCTOBER 1, 2020 - SEPTEMBER 30, 2021

CDD 1 CDD 2 CDD 3 CDD 4 CDD 5 CDD 6 CDD 7 CDD 8 CDD 9 CDD 10 TOTAL

REVENUES

ON-ROLL ASSESSMENTS - Debt 54,708 327,469 972,246 983,969 976,935 894,873 171,113 0 0 0 4,381,312

ON-ROLL ASSESSMENTS - ADMIN 50,569 40,437 61,087 61,299 60,498 57,496 63,010 38,859 28,830 82,182 544,266

ON-ROLL ASSESSMENTS - MAINT 25,619 153,347 455,284 460,774 457,480 419,052 80,129 0 0 0 2,051,686

STORMWATER 8,741 52,319 155,335 157,208 156,084 142,973 27,339 0 0 0 700,000

CARRY OVER FUNDS FROM PRIOR YEAR 0 0 0 0 0 0 0 0 0 0 0

Total Revenues 139,637$ 573,573$ 1,643,953$ 1,663,250$ 1,650,998$ 1,514,394$ 341,590$ 38,859$ 28,830$ 82,182$ 7,677,264$

EXPENDITURES - ADMIN

AUDIT 1 6,500 5,500 5,500 5,500 5,500 5,500 5,500 5,000 5,000 5,500 55,000

BANK FEES 4 25 73 74 74 67 92 62 39 161 670

DISSEMINATION AGENT 2 12 75 222 225 223 204 39 0 0 0 1,000

DISTRICT COUNSEL 369 2,209 6,557 6,636 6,589 6,035 8,201 5,535 3,453 14,416 60,000

MANAGEMENT 566 3,389 10,062 10,183 10,111 9,261 12,585 8,493 5,298 22,122 92,070

ASSESSMENT ROLL 61 368 1,093 1,106 1,098 1,006 1,367 922 575 2,403 10,000

DUES, LICENSES & FEES 1 175 175 175 175 175 175 175 175 175 175 1,750

ENGINEERING 307 1,840 5,464 5,530 5,491 5,029 6,835 4,612 2,877 12,014 50,000

GENERAL INSURANCE 1 28,000 10,500 7,800 7,600 7,100 7,100 5,300 5,300 5,300 5,300 89,300

WEB SITE MAINTENANCE 1 750 750 750 750 750 750 750 750 750 750 7,500

LEGAL ADVERTISING 40 239 710 719 714 654 888 600 374 1,562 6,500

MISCELLANEOUS 6 37 109 111 110 101 137 92 58 240 1,000

MEETING ROOM 20 121 361 365 362 332 451 304 190 793 3,300

TRAVEL AND PER DIEM 25 147 437 442 439 402 547 369 230 961 4,000

OFFICE SUPPLIES 15 92 273 277 275 251 342 231 144 601 2,500

POSTAGE & SHIPPING 1 4 11 11 11 10 14 9 6 24 100

COPIES 28 166 492 498 494 453 615 415 259 1,081 4,500

SUPERVISOR FEES1 9,257 9,257 9,257 9,257 9,257 9,257 9,257 0 0 0 64,800

TELEPHONE 19 115 343 347 344 315 429 289 180 753 3,135

TRUSTEE SERVICES 2 175 1,046 3,107 3,144 3,122 2,859 547 0 0 0 14,000

OFFICE RENT 142 850 2,525 2,555 2,537 2,324 3,158 2,131 1,329 5,550 23,100

CONTINUING DISCLOSURE FEE2 19 112 333 337 334 306 59 0 0 0 1,500

CONTINGENCY - ADMIN 31 184 546 553 549 503 683 461 288 1,201 5,000

TOTAL ADMINISTRATIVE EXPENSES 46,523 37,202 56,200 56,395 55,658 52,896 57,969 35,750 26,524 75,607 500,725

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PROPOSED BUDGETTRADITION COMMUNITY DEVELOPMENT DISTRICTS #1-10


CDD 1 CDD 2 CDD 3 CDD 4 CDD 5 CDD 6 CDD 7 CDD 8 CDD 9 CDD 10 TOTAL

EXPENDITURES - MAINTENANCE

LAKE MAINTENANCE 1,811 10,838 32,177 32,565 32,332 29,616 5,663 0 0 0 145,000

BEEP OPERATIONS 9,818 58,769 174,485 176,589 175,327 160,599 30,709 0 0 0 786,296

BUILDING, BRIDGE, MONUMENT MAINTENANCE 125 747 2,219 2,246 2,230 2,042 391 0 0 0 10,000

CONTINGENCY - MAINTENANCE 375 2,242 6,657 6,737 6,689 6,127 1,172 0 0 0 30,000

COMMUNITY AREA MAINTENANCE 499 2,990 8,876 8,983 8,919 8,170 1,562 0 0 0 40,000

DEVLOPMENT COORDINATOR 730 4,372 12,982 13,138 13,044 11,948 2,285 0 0 0 58,500

PAINTING 62 374 1,110 1,123 1,115 1,021 195 0 0 0 5,000

FENCE MAINTENANCE 37 224 666 674 669 613 117 0 0 0 3,000

ELECTRIC 749 4,485 13,314 13,475 13,379 12,255 2,343 0 0 0 60,000

ENGINEERING 1,249 7,474 22,191 22,458 22,298 20,425 3,906 0 0 0 100,000

FIELD MANAGEMENT 2,363 14,145 41,997 42,503 42,200 38,655 7,391 0 0 0 189,255

FOUNTAIN MAINTENANCE & CHEMICALS 499 2,990 8,876 8,983 8,919 8,170 1,562 0 0 0 40,000

LANDSCAPING MAINTENANCE & MATERIALS 8,891 53,216 157,998 159,903 158,760 145,424 27,807 0 0 0 712,000

IRRIGATION 1,873 11,211 33,286 33,687 33,447 30,637 5,858 0 0 0 150,000

IRRIGATION PARTS & REPAIRS 312 1,869 5,548 5,615 5,574 5,106 976 0 0 0 25,000

PEST CONTROL 81 486 1,442 1,460 1,449 1,328 254 0 0 0 6,500

ROAD REPAIR 0 0 0 0 0 0 0 0 0 0 0

SECURITY 524 3,139 9,320 9,432 9,365 8,578 1,640 0 0 0 42,000

SIDEWALK CLEANING 250 1,495 4,438 4,492 4,460 4,085 781 0 0 0 20,000

SIDEWALK REPAIR 125 747 2,219 2,246 2,230 2,042 391 0 0 0 10,000

SIGNAGE 125 747 2,219 2,246 2,230 2,042 391 0 0 0 10,000

STREETLIGHTS 562 3,363 9,986 10,106 10,034 9,191 1,757 0 0 0 45,000

STORMWATER MANAGEMENT 75 448 1,331 1,347 1,338 1,225 234 0 0 0 6,000

TREE/PLANT REPLACEMENT & TRIM 1,124 6,727 19,972 20,212 20,068 18,382 3,515 0 0 0 90,000

WETLAND UPLAND MAINTENANCE 50 299 888 898 892 817 156 0 0 0 4,000

TOTAL MAINTENANCE EXPENSES 32,310 193,399 574,197 581,120 576,966 528,501 101,057 0 0 0 2,587,551

Total Expenditures 78,833$ 230,601$ 630,397$ 637,515$ 632,624$ 581,397$ 159,026$ 35,750$ 26,524$ 75,607$ 3,088,276$

EXCESS / (SHORTFALL) 60,803$ 342,971$ 1,013,556$ 1,025,735$ 1,018,373$ 932,996$ 182,564$ 3,109$ 2,306$ 6,575$ 4,588,988$

PAYMENTS TO TRUSTEE (50,332) (301,271) (894,466) (905,251) (898,780) (823,283) (157,424) 0 0 0 (4,030,807)

BALANCE 10,472$ 41,700$ 119,089$ 120,483$ 119,593$ 109,714$ 25,140$ 3,109$ 2,306$ 6,575$ 558,181$

COUNTY APPRAISER & TAX COLLECTOR FEE (5,236) (20,850) (59,545) (60,242) (59,797) (54,857) (12,570) (1,554) (1,153) (3,287) (279,091)

DISCOUNTS FOR EARLY PAYMENTS (5,236) (20,850) (59,545) (60,242) (59,797) (54,857) (12,570) (1,554) (1,153) (3,287) (279,091)

NET EXCESS / (SHORTFALL) -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$

1 - District Specific Expense2 - Pertains only to 2003 Area

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PROPOSED BUDGETTRADITION COMMUNITY DEVELOPMENT DISTRICT #1-10 RECAP


FISCAL YEAR FISCAL YEAR 2019/2020 2020/2021

ANNUAL BUDGET PROPOSED BUDGETREVENUESON-ROLL ASSESSMENTS - Debt 4,471,692 4,381,312ON-ROLL ASSESSMENTS - ADMIN 1,403,641 544,266ON-ROLL ASSESSMENTS - MAINT Incl Above 2,051,686STORMWATER 660,000 700,000 Based on FY19-20 revenue

CARRY OVER FUNDS FROM PRIOR YEAR 213,750 0 Zero Fund Balance Carryover

Total Revenues 6,749,083$ 7,677,264$

EXPENDITURES - ADMINAUDIT 1 55,000 55,000BANK FEES 670 670DISSEMINATION AGENT 2 1,000 1,000DISTRICT COUNSEL 60,000 60,000MANAGEMENT 100,000 92,070 Assessment Roll moved below. Increase by CPI per Contract

ASSESSMENT ROLL 0 10,000 Per Contract - Moved from Management Line ItemDUES, LICENSES & FEES 1 1,750 1,750ENGINEERING 30,000 50,000 Based on FY20 CostsGENERAL INSURANCE 1 75,000 89,300 Based on FY19-20 premiumsWEB SITE MAINTENANCE 1 7,500 7,500LEGAL ADVERTISING 6,500 6,500MISCELLANEOUS 300 1,000 Based on FY20 Costs

MEETING ROOM 3,300 3,300TRAVEL AND PER DIEM 4,000 4,000OFFICE SUPPLIES 100 2,500 Based on FY20 Costs

POSTAGE & SHIPPING 1,000 100 Based on FY20 Costs

COPIES 5,000 4,500 Based on FY20 CostsSUPERVISOR FEES1 64,800 64,800TELEPHONE 0 3,135 Based on FY19-20 costsTRUSTEE SERVICES 2 12,000 14,000OFFICE RENT 23,100 23,100 Includes Continuing Disclosure CostsCONTINUING DISCLOSURE FEE2 0 1,500CONTINGENCY - ADMIN 0 5,000 Based on FY20 Consulting Costs

IMPACT FEE ADMINISTRATION 25,000 0

TOTAL ADMIN EXPENSES 476,020 500,725

COMMENTS

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ANNUAL BUDGET PROPOSED BUDGET COMMENTS

EXPENDITURES - MAINTLAKE MAINTENANCE 142,580 145,000 Assumes all lakes under contract

BEEP OPERATIONS 0 786,296 BEEP Shuttles

BUILDING, BRIDGE, MONUMENT MAINTENAN 45,000 10,000 Based on FY19 Costs

CONTINGENCY - MAINTENANCE 30,000 30,000COMMUNITY AREA MAINTENANCE 50,000 40,000 Based on FY19 Costs

DEVLOPMENT COORDINATOR 0 58,500 Splits time between Tradition Stormwater and Irrigation

PAINTING 5,000 5,000FENCE MAINTENANCE 10,000 3,000 Based on FY19 Costs

ELECTRIC 60,000 60,000ENGINEERING 30,000 100,000 Based on FY20 Costs

FIELD MANAGEMENT 185,000 189,255 CPI Adjustment per Contract

FOUNTAIN MAINTENANCE & CHEMICALS 40,000 40,000LANDSCAPING MAINTENANCE & MATERIALS 663,000 712,000 Maintenance + Mulch

IRRIGATION 145,000 150,000 Rate increase

IRRIGATION PARTS & REPAIRS 65,000 25,000 Based on FY19-20 costs

PEST CONTROL 3,500 6,500 Based on FY19 Costs

ROAD REPAIR 0 0SECURITY 50,000 42,000 PSLPD Contract

SIDEWALK CLEANING 20,000 20,000SIDEWALK REPAIR 10,000 10,000 Begin Sidewalk Repair Program

SIGNAGE 10,000 10,000STREETLIGHTS 25,000 45,000 Based on FY19-20 costs

STORMWATER MANAGEMENT 6,000 6,000TREE/PLANT REPLACEMENT & TRIM 90,000 90,000WETLAND UPLAND MAINTENANCE 4,000 4,000TOTAL MAINTENANCE EXPENSES 1,689,080 2,587,551

Total Expenditures 2,165,100$ 3,088,276$

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ANNUAL BUDGET PROPOSED BUDGET COMMENTS

EXCESS / (SHORTFALL) 4,583,983$ 4,588,988$

PAYMENT TO TRUSTEE (4,113,956) (4,030,807)

BALANCE 470,027$ 558,181$

COUNTY APPRAISER & TAX COLLECTOR FEE (235,013) (279,091) DISCOUNTS FOR EARLY PAYMENTS (235,013) (279,091)

NET EXCESS / (SHORTFALL) -$ -$ 1 - District Specific Expense2 - Pertains only to 2003 Area

17

PROPOSED BUDGETTRADITION COMMUNITY DEVELOPMENT DISTRICT #1



ANNUAL BUDGET PROPOSED BUDGET

REVENUESON-ROLL ASSESSMENTS - Debt 56,209 54,708ON-ROLL ASSESSMENTS - ADMIN 30,280 50,569ON-ROLL ASSESSMENTS - MAINT Incl Above 25,619STORMWATER 8,296 8,741CARRY OVER FUNDS FROM PRIOR YEAR 2,687 0Total Revenues 97,472$ 139,637$

EXPENDITURES - ADMINAUDIT 1 6,500 6,500BANK FEES 8 4DISSEMINATION AGENT 2 13 12DISTRICT COUNSEL 369 369MANAGEMENT 616 566ASSESSMENT ROLL 0 61DUES, LICENSES & FEES 1 175 175ENGINEERING 185 307GENERAL INSURANCE 1 7,581 28,000WEB SITE MAINTENANCE 1 750 750LEGAL ADVERTISING 40 40MISCELLANEOUS 2 6MEETING ROOM 20 20TRAVEL AND PER DIEM 50 25OFFICE SUPPLIES 1 15POSTAGE & SHIPPING 6 1COPIES 31 28SUPERVISOR FEES1 815 9,257TELEPHONE 0 19TRUSTEE SERVICES 2 151 175OFFICE RENT 142 142CONTINUING DISCLOSURE FEE2 0 19CONTINGENCY - ADMIN 0 31IMPACT FEE ADMINISTRATION 154 0


18



EXPENDITURES - MAINTLAKE MAINTENANCE 1,792 1,811BEEP OPERATIONS 0 9,818BUILDING, BRIDGE, MONUMENT MAINTENANC 566 125CONTINGENCY - MAINTENANCE 377 375COMMUNITY AREA MAINTENANCE 629 499DEVLOPMENT COORDINATOR 0 730PAINTING 63 62FENCE MAINTENANCE 126 37ELECTRIC 754 749ENGINEERING 377 1,249FIELD MANAGEMENT 2,325 2,363FOUNTAIN MAINTENANCE & CHEMICALS 503 499LANDSCAPING MAINTENANCE & MATERIALS 8,334 8,891IRRIGATION 1,823 1,873IRRIGATION PARTS & REPAIRS 817 312PEST CONTROL 44 81ROAD REPAIR 0 0SECURITY 629 524SIDEWALK CLEANING 251 250SIDEWALK REPAIR 126 125SIGNAGE 126 125STREETLIGHTS 314 562STORMWATER MANAGEMENT 75 75TREE/PLANT REPLACEMENT & TRIM 1,131 1,124WETLAND UPLAND MAINTENANCE 50 50TOTAL MAINTENANCE EXPENSES 21,232 32,310

Total Expenditures 38,841$ 78,833$

EXCESS / (SHORTFALL) 58,631$ 60,803$

PAYMENT TO TRUSTEE (51,712) (50,332)

BALANCE 6,919$ 10,472$



19






EXPENDITURES - ADMINAUDIT 1 5,500 5,500BANK FEES 57 25DISSEMINATION AGENT 2 85 75DISTRICT COUNSEL 2,503 2,209MANAGEMENT 4,171 3,389ASSESSMENT ROLL 0 368DUES, LICENSES & FEES 1 175 175ENGINEERING 1,251 1,840GENERAL INSURANCE 1 8,511 10,500WEB SITE MAINTENANCE 1 750 750LEGAL ADVERTISING 271 239MISCELLANEOUS 13 37MEETING ROOM 138 121TRAVEL AND PER DIEM 341 147OFFICE SUPPLIES 4 92POSTAGE & SHIPPING 42 4COPIES 209 166SUPERVISOR FEES1 5,518 9,257TELEPHONE 0 115TRUSTEE SERVICES 2 1,022 1,046OFFICE RENT 964 850CONTINUING DISCLOSURE FEE2 0 112CONTINGENCY - ADMIN 0 184IMPACT FEE ADMINISTRATION 1,043 0


20



EXPENDITURES - MAINTLAKE MAINTENANCE 12,141 10,838BEEP OPERATIONS 0 58,769BUILDING, BRIDGE, MONUMENT MAINTENANC 3,832 747CONTINGENCY - MAINTENANCE 2,555 2,242COMMUNITY AREA MAINTENANCE 4,258 2,990DEVLOPMENT COORDINATOR 0 4,372PAINTING 426 374FENCE MAINTENANCE 852 224ELECTRIC 5,109 4,485ENGINEERING 2,555 7,474FIELD MANAGEMENT 15,753 14,145FOUNTAIN MAINTENANCE & CHEMICALS 3,406 2,990LANDSCAPING MAINTENANCE & MATERIALS 56,455 53,216IRRIGATION 12,347 11,211IRRIGATION PARTS & REPAIRS 5,535 1,869PEST CONTROL 298 486ROAD REPAIR 0 0SECURITY 4,258 3,139SIDEWALK CLEANING 1,703 1,495SIDEWALK REPAIR 852 747SIGNAGE 852 747STREETLIGHTS 2,129 3,363STORMWATER MANAGEMENT 511 448TREE/PLANT REPLACEMENT & TRIM 7,664 6,727WETLAND UPLAND MAINTENANCE 341 299TOTAL MAINTENANCE EXPENSES 143,826 193,399




BALANCE 39,330$ 41,700$



21





REVENUESON-ROLL ASSESSMENTS - Debt 981,602 972,246ON-ROLL ASSESSMENTS - ADMIN 258,588 61,087ON-ROLL ASSESSMENTS - MAINT Incl Above 455,284STORMWATER 144,880 155,335CARRY OVER FUNDS FROM PRIOR YEAR 46,921 0Total Revenues 1,431,991$ 1,643,953$

EXPENDITURES - ADMINAUDIT 1 5,500 5,500BANK FEES 147 73DISSEMINATION AGENT 2 220 222DISTRICT COUNSEL 6,452 6,557MANAGEMENT 10,753 10,062ASSESSMENT ROLL 0 1,093DUES, LICENSES & FEES 1 175 175ENGINEERING 3,226 5,464GENERAL INSURANCE 1 7,050 7,800WEB SITE MAINTENANCE 1 750 750LEGAL ADVERTISING 699 710MISCELLANEOUS 32 109MEETING ROOM 355 361TRAVEL AND PER DIEM 878 437OFFICE SUPPLIES 11 273POSTAGE & SHIPPING 108 11COPIES 538 492SUPERVISOR FEES1 14,225 9,257TELEPHONE 0 343TRUSTEE SERVICES 2 2,634 3,107OFFICE RENT 2,484 2,525CONTINUING DISCLOSURE FEE2 0 333CONTINGENCY - ADMIN 0 546IMPACT FEE ADMINISTRATION 2,688 0


22



EXPENDITURES - MAINTLAKE MAINTENANCE 31,298 32,177BEEP OPERATIONS 0 174,485BUILDING, BRIDGE, MONUMENT MAINTENANC 9,878 2,219CONTINGENCY - MAINTENANCE 6,585 6,657COMMUNITY AREA MAINTENANCE 10,976 8,876DEVLOPMENT COORDINATOR 0 12,982PAINTING 1,098 1,110FENCE MAINTENANCE 2,195 666ELECTRIC 13,171 13,314ENGINEERING 6,585 22,191FIELD MANAGEMENT 40,610 41,997FOUNTAIN MAINTENANCE & CHEMICALS 8,781 8,876LANDSCAPING MAINTENANCE & MATERIALS 145,538 157,998IRRIGATION 31,830 33,286IRRIGATION PARTS & REPAIRS 14,268 5,548PEST CONTROL 768 1,442ROAD REPAIR 0 0SECURITY 10,976 9,320SIDEWALK CLEANING 4,390 4,438SIDEWALK REPAIR 2,195 2,219SIGNAGE 2,195 2,219STREETLIGHTS 5,488 9,986STORMWATER MANAGEMENT 1,317 1,331TREE/PLANT REPLACEMENT & TRIM 19,756 19,972WETLAND UPLAND MAINTENANCE 878 888TOTAL MAINTENANCE EXPENSES 370,778 574,197




BALANCE 99,215$ 119,089$



23








24







BALANCE 99,128$ 120,483$


NET EXCESS / (SHORTFALL) -$ -$ 1 - District Specific Expense2 - Pertains only to 2003 Area 25








26





EXCESS / (SHORTFALL) 992,482$ 1,018,373$


BALANCE 98,208$ 119,593$



27








28







BALANCE 93,299$ 109,714$



29






EXPENDITURES - ADMINAUDIT 1 5,500 5,500BANK FEES 27 92DISSEMINATION AGENT 2 40 39DISTRICT COUNSEL 8,250 8,201MANAGEMENT 13,751 12,585ASSESSMENT ROLL 0 1,367DUES, LICENSES & FEES 1 175 175ENGINEERING 4,125 6,835GENERAL INSURANCE 1 8,000 5,300WEB SITE MAINTENANCE 1 750 750LEGAL ADVERTISING 894 888MISCELLANEOUS 41 137MEETING ROOM 454 451TRAVEL AND PER DIEM 159 547OFFICE SUPPLIES 14 342POSTAGE & SHIPPING 138 14COPIES 688 615SUPERVISOR FEES1 2,570 9,257TELEPHONE 0 429TRUSTEE SERVICES 2 476 547OFFICE RENT 3,176 3,158CONTINUING DISCLOSURE FEE2 0 59CONTINGENCY - ADMIN 0 683IMPACT FEE ADMINISTRATION 3,438 0


30



EXPENDITURES - MAINTLAKE MAINTENANCE 5,656 5,663BEEP OPERATIONS 0 30,709BUILDING, BRIDGE, MONUMENT MAINTENANC 1,785 391CONTINGENCY - MAINTENANCE 1,190 1,172COMMUNITY AREA MAINTENANCE 1,983 1,562DEVLOPMENT COORDINATOR 0 2,285PAINTING 198 195FENCE MAINTENANCE 397 117ELECTRIC 2,380 2,343ENGINEERING 1,190 3,906FIELD MANAGEMENT 7,338 7,391FOUNTAIN MAINTENANCE & CHEMICALS 1,587 1,562LANDSCAPING MAINTENANCE & MATERIALS 26,299 27,807IRRIGATION 5,752 5,858IRRIGATION PARTS & REPAIRS 2,578 976PEST CONTROL 139 254ROAD REPAIR 0 0SECURITY 1,983 1,640SIDEWALK CLEANING 793 781SIDEWALK REPAIR 397 391SIGNAGE 397 391STREETLIGHTS 992 1,757STORMWATER MANAGEMENT 238 234TREE/PLANT REPLACEMENT & TRIM 3,570 3,515WETLAND UPLAND MAINTENANCE 159 156TOTAL MAINTENANCE EXPENSES 67,000 101,057




BALANCE 21,582$ 25,140$



31





REVENUESON-ROLL ASSESSMENTS - Debt 0 0ON-ROLL ASSESSMENTS - ADMIN 40,763 38,859ON-ROLL ASSESSMENTS - MAINT Incl Above 0STORMWATER 0 0CARRY OVER FUNDS FROM PRIOR YEAR 0 0Total Revenues 40,763$ 38,859$

EXPENDITURES - ADMINAUDIT 1 5,000 5,000BANK FEES 0 62DISSEMINATION AGENT 2 0 0DISTRICT COUNSEL 5,563 5,535MANAGEMENT 9,271 8,493ASSESSMENT ROLL 0 922DUES, LICENSES & FEES 1 175 175ENGINEERING 2,781 4,612GENERAL INSURANCE 1 8,000 5,300WEB SITE MAINTENANCE 1 750 750LEGAL ADVERTISING 603 600MISCELLANEOUS 28 92MEETING ROOM 306 304TRAVEL AND PER DIEM 0 369OFFICE SUPPLIES 9 231POSTAGE & SHIPPING 93 9COPIES 464 415SUPERVISOR FEES1 0 0TELEPHONE 0 289TRUSTEE SERVICES 2 0 0OFFICE RENT 2,142 2,131CONTINUING DISCLOSURE FEE2 0 0CONTINGENCY - ADMIN 0 461IMPACT FEE ADMINISTRATION 2,318 0


32



EXPENDITURES - MAINTLAKE MAINTENANCE 0 0BEEP OPERATIONS 0 0BUILDING, BRIDGE, MONUMENT MAINTENANC 0 0CONTINGENCY - MAINTENANCE 0 0COMMUNITY AREA MAINTENANCE 0 0DEVLOPMENT COORDINATOR 0 0PAINTING 0 0FENCE MAINTENANCE 0 0ELECTRIC 0 0ENGINEERING 0 0FIELD MANAGEMENT 0 0FOUNTAIN MAINTENANCE & CHEMICALS 0 0LANDSCAPING MAINTENANCE & MATERIALS 0 0IRRIGATION 0 0IRRIGATION PARTS & REPAIRS 0 0PEST CONTROL 0 0ROAD REPAIR 0 0SECURITY 0 0SIDEWALK CLEANING 0 0SIDEWALK REPAIR 0 0SIGNAGE 0 0STREETLIGHTS 0 0STORMWATER MANAGEMENT 0 0TREE/PLANT REPLACEMENT & TRIM 0 0WETLAND UPLAND MAINTENANCE 0 0TOTAL MAINTENANCE EXPENSES 0 0



PAYMENT TO TRUSTEE - -

BALANCE 3,261$ 3,109$



33






EXPENDITURES - ADMINAUDIT 1 5,000 5,000BANK FEES 0 39DISSEMINATION AGENT 2 0 0DISTRICT COUNSEL 3,470 3,453MANAGEMENT 5,783 5,298ASSESSMENT ROLL 0 575DUES, LICENSES & FEES 1 175 175ENGINEERING 1,735 2,877GENERAL INSURANCE 1 8,000 5,300WEB SITE MAINTENANCE 1 750 750LEGAL ADVERTISING 376 374MISCELLANEOUS 17 58MEETING ROOM 191 190TRAVEL AND PER DIEM 0 230OFFICE SUPPLIES 6 144POSTAGE & SHIPPING 58 6COPIES 289 259SUPERVISOR FEES1 0 0TELEPHONE 0 180TRUSTEE SERVICES 2 0 0OFFICE RENT 1,336 1,329CONTINUING DISCLOSURE FEE2 0 0CONTINGENCY - ADMIN 0 288IMPACT FEE ADMINISTRATION 1,446 0


34







BALANCE 2,490$ 2,306$



35






EXPENDITURES - ADMINAUDIT 1 5,500 5,500BANK FEES 0 161DISSEMINATION AGENT 2 0 0DISTRICT COUNSEL 14,490 14,416MANAGEMENT 24,151 22,122ASSESSMENT ROLL 0 2,403DUES, LICENSES & FEES 1 175 175ENGINEERING 7,245 12,014GENERAL INSURANCE 1 8,000 5,300WEB SITE MAINTENANCE 1 750 750LEGAL ADVERTISING 1,570 1,562MISCELLANEOUS 72 240MEETING ROOM 797 793TRAVEL AND PER DIEM 0 961OFFICE SUPPLIES 24 601POSTAGE & SHIPPING 242 24COPIES 1,208 1,081SUPERVISOR FEES1 0 0TELEPHONE 0 753TRUSTEE SERVICES 2 0 0OFFICE RENT 5,579 5,550CONTINUING DISCLOSURE FEE2 0 0CONTINGENCY - ADMIN 0 1,201IMPACT FEE ADMINISTRATION 6,038 0


36







BALANCE 6,595$ 6,575$



37

PROPOSED ASSESSMENT ALLOCATIONFISCAL YEAR 2020/2021

OCTOBER 1, 2020 - SEPTEMBER 30, 2021

Assessment RollCDD1-7 Bonded Total 2,206,559.43$

CDD7 Non Bonded, 8-10 Total 389,392.84$

TOTAL ASSESSMENT ROLL: 2,595,952.27$

ERU CalculationUnits* ERU/Unit* Total ERUs

Single Family - General 1-6, Bonded 7 4,560 1.00 4,560 Multi Family-ALF - 1-6, Bonded 7 1,137 0.50 569 Commercial Square Footage 1-6, Bonded 7 1,415,480 0.0004 568

Total ERU: 5,696 *Unit counts per updated property appraiser roll.

Assessments BudgetedCDD 1-7 Bonded Area Total: 2,206,559$

Assessment Per Unit (Grossed Up) 387.36$

Assessment Per Unit (Grossed Up)Assessment By Unit SF - General MF Commercial*With 8% Gross Up 387.36 193.68 0.1553

* Per square FootNote: Figures are Rounded

38

PROPOSED DEBT SERVICE BUDGETTRADITION SERIES 2014 BOND


FISCAL YEAR

2020/2021

PROPOSED BUDGET

REVENUES

Interest Income 0

Net Debt Collections 4,030,807

Total Revenues 4,030,807$

EXPENDITURES

Principal Payments 2,080,000

Interest Payments 1,700,856

Miscellaneous / Extra Redemption 249,951

Total Expenditures 4,030,807$

Excess / (Shortfall) -$

Series 2014 Bond InformationOriginal Par Amount = $53,170,000 Annual Principal Payments Due = May 1st

Avarage Interest Rate = 3.71% Annual Interest Payments Due = May 1st & November 1st

Issue Date = April 2014

Maturity Date = May 2035

ASSESSMENTSSingle Family - Per Unit 658.68 Budgeted

Multi-Family - Per Unit 360.05 Budgeted

Commercial- Per Square Foot 0.43656 Budgeted

Single Family - Per Unit 715.96 Grossed Up

Multi-Family - Per Unit 391.36 Grossed Up

Commercial- Per Square Foot 0.4745 Grossed Up 39

PROPOSED BUDGETTRADITION COMMUNITY DEVELOPMENT DISTRICT IRRIGATION




REVENUESSERVICE CHARGE - IRRIGATION 1,042,000 1,528,056 Per Rate Study Projections

ENGINEERING REVENUE FEES 7,500 16,837 Per Rate Study Projections

Total Revenues 1,049,500$ 1,544,894$

EXPENSESFIELD OPERATIONS 0 0 Included under Mgmt Contract

TRUSTEE SERVICES 5,000 5,000MANAGEMENT 285,408 291,972 CPI increase per Contract

ENGINEERING 9,580 40,000PROFESSIONAL SERVICES, OTHER 5,000 5,000DEVELOPMENT COORDINATOR 117,000 58,500 Split between CDDs and Irrigation

CITY FRANCHISE FEE 68,475 91,683 6% of Gross Recepits per agreement

TRAVEL AND PER DIEM 387 400TELEPHONE 1,921 1,930POSTAGE AND SHIPPING 253 253BANK FEES 1,216 1,250BAD DEBT 4,833 65,000 Potentially writing off Prior Manager AR

OFFICE SUPPLIES 250 250FIELD SUPPLIES (OTHER) 2,000 2,000DUES, LICENSES, FEES 2,237 2,300VEHICLE, GAS, & REPAIR 1,000 1,000ELECTRIC 101,023 105,000WATER 170 170OTHER UTILITIES 1,542 1,550GENERAL INSURANCE 20,032 20,610GENERAL REPAIR & MAINTENANCE 40,435 153,000 Reason for Increased Rates

LANDSCAPING MAINTENANCE & MATERIAL 10,608 11,000HVAC 4,305 4,500RENEWAL AND REPLACEMENT 0 200,000 Reason for Increased Rates

OTHER SYSTEM IMPROVEMENTS 0 75,000 Reason for Increased Rates

OPERATING RESERVES/MISC 0 40,000 Reason for Increased Rates

Total Expenses 682,675$ 1,177,369$



BALANCE -$ 0$

NET INCOME -$ -$

COMMENTS

40

PROPOSED DEBT SERVICE BUDGETTRADITION IRRIGATION SERIES 2017 BOND


FISCAL YEAR

2020/2021

PROPOSED BUDGET

REVENUES

Transfer from Operating Fund 367,525

Total Revenues 367,525$

EXPENDITURES

Principal Payments 110,000

Interest Payments 257,525

Total Expenditures 367,525$

Excess / (Shortfall) -$

Series 2017 Bond InformationOriginal Par Amount = $6,095,000

Issue Date = Oct 2017

Maturity Date = Oct 2047

41

RESOLUTION 2020-10










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68

TRA 1513001 CDD1 to Mattamy Road Imp Fee Credit Asn 20-03 MEM

Law Offices of

GONANO & HARRELL A PARTNERSHIP OF PROFESSIONAL ASSOCIATIONS

ATTORNEYS AND COUNSELORS AT LAW DOUGLAS E. GONANO

Board Certified Real Estate Lawyer email: [email protected]

ALEXZANDER D. GONANO

email: [email protected]

TD BANK BUILDING 1600 South Federal Highway, Suite 200

Fort Pierce, Florida 34950-5178 Telephone (772) 464 - 1032 Facsimile (772) 464 - 0282

DANIEL B. HARRELL

Board Certified in Education Law email: [email protected]

VIA ELECTRONIC TRANSMISSION ONLY

MEMORANDUM NO. 20-03 May 29, 2020 MEMORANDUM TO MEMBERS OF THE BOARDS OF SUPERVISORS OF TRADITION COMMUNITY DEVELOPMENT DISTRICT NO. 1 AND SOUTHERN GROVE COMMUNITY DEVELOPMENT DISTRICT NOS. 1-6

Re: Assignment and Transfer of Public Road Credits to Mattamy Palm Beach LLC G&H File No. 1513-001 In October 2007, the Prior Developer of the Tradition, Southern Grove, and Western Grove developments of regional impact (collectively, the “Communities”) entered into a Settlement Agreement with St. Lucie County to resolve litigation regarding road impact fees. As important here, the Settlement Agreement established the amount of Public Road Credits that the Prior Developer should receive as a result of constructing certain roadways and donating certain rights-of-way in connection with development of the Communities. In early 2009, the Prior Developer assigned to Tradition Community Development District No. 1 all of the Public Road Credits that the Prior Developer had received or in the future would receive under the Settlement Agreement. The assignment was memorialized in an Assignment and Direction from the Prior Developer to Tradition No. 1, with the concurrence of the Southern Grove Districts and the consent of the County. The Assignment and Direction, a copy of which is attached, incorporated a detailed methodology by which Tradition No. 1 became responsible for allocation of the credits to “Benefitted Properties” within the Communities. Mattamy Palm Beach LLC, as successor to the Prior Developer and the current master developer of the Communities, desires to reverse the assignment of Public Road Credits that in 2009 transferred allocation duties to Tradition No. 1, and to resume direct responsibility for administration of those credits. Please note that the Public Road Credits have no direct value to Tradition No. 1; the District merely administers those credits for the use and benefit of landowners of the Benefitted Properties. Also attached is a draft Assignment and Transfer that, if approved by Tradition No. 1, the Southern Grove Districts, and the County, would move Public Road Credits allocation responsibility from Tradition No. 1 to Mattamy as requested. By copy of this memorandum, I respectfully request that the District Manager schedule this matter for consideration by the Boards of Supervisors of Tradition No. 1 and all of the Southern

69

Members, Boards of Supervisors May 29, 2020 Page 2

TRA 1513001 CDD1 to Mattamy Road Imp Fee Credit Asn 20-03 MEM

Grove Districts at their meetings to be held on June 10, 2020. At that time, the Boards should consider whether to approve and authorize execution of an Assignment and Transfer of Public Road Credits in substantially the form attached. As of March 31, 2020, the total Public Road Credits on hand was $9,527,448.75. If all parties approve the Assignment and Transfer, the amount to be assigned will be inserted in Section 2(b) of the instrument as of the date of execution. Please advise if you have any question.

Daniel B. Harrell Daniel B. Harrell DBH/mm Attachments cc: Mr. B. Frank Sakuma, Jr. Mr. Pete Pimentel Ms. Jesse Wargo Mr. Tony Palumbo

70

This instrument prepared by (and return to) Daniel B. Harrell Gonano & Harrell TD Bank Building 1600 S. Federal Highway, Suite 200 Fort Pierce, FL 34950-5178 (772) 464-1032 Ext. 1010

ASSIGNMENT AND TRANSFER OF PUBLIC ROAD CREDITS

TO MATTAMY PALM BEACH LLC

THIS ASSIGNMENT AND TRANSFER is made FROM Tradition Community De-velopment District No. 1, a community development district organized and existing in accord-ance with Chapter 190, Florida Statutes (“Tradition District No. 1”), acting in accordance with the Amended and Restated District Development Interlocal Agreement dated as of April 8, 2008, and recorded in Official Records Book 2983, Page 1074, of the Public Records of St. Lucie County, Florida, as amended (“District Interlocal Agreement”), by and under delegated authority from each of the Districts (as defined in the District Interlocal Agreement, here, the “Tradition Districts”), TO Mattamy Palm Beach LLC, a Delaware limited liability company (“Mattamy”), WITH THE CONCURRENCE OF Southern Grove Community Development District No. 1 (“SG District No. 1”), Southern Grove Community Development District No. 2 (“SG District No. 2”), Southern Grove Community Development District No. 3 (“SG District No. 3”), South-ern Grove Community Development District No. 4 (“SG District No. 4”), Southern Grove Community Development District No. 5 (“SG District No. 5”), and Southern Grove Community Development District No. 6 (“SG District No. 6,” and, collectively with SG District No. 1, SG District No. 2, SG District No. 3, SG District No. 4, and SG District No. 5, the “SG Districts”), each a community development district organized and existing in accordance with Chapter 190, Florida Statutes.

RECITALS

A. In accordance with that certain Settlement Agreement Including Impact Fee Cred-

it Agreement dated October 16, 2007 (“Settlement Agreement”), by and between St. Lucie County, Florida (“County”) and Core Communities, LLC, through its affiliates, Horizons St. Lucie Development, LLC, Horizons Acquisition 5, LLC, and Tradition Development Company, LLC, each a Florida limited liability company, their successors and assigns (collectively, the “Prior Developer”), the County has or will make certain road impact fee credits (“Road Credits”) available as a result of the construction of certain road improvements (“Road Improvements”) and the donation of certain rights-of-way (“ROW Donations”) in connection with development of the mixed-use communities known as “Tradition,” “Southern Grove,” and “Western Grove” (collectively, the “Communities”).

B. The Road Credits are available for allocation solely to the developable properties

located within the Communities (“Benefitted Properties”): the Benefitted Properties within the Tradition and Western Grove communities are located entirely within the geographical bounda-ries of the Tradition Districts, and the Benefitted Properties within the Southern Grove Commu-nity are located entirely within the geographical boundaries of the SG Districts.

71

C. In accordance with the Settlement Agreement, in the event any of the Road Im-provements giving rise to Road Credits were, or in the future are, financed by a community de-velopment district or special assessment district either directly or through acquisition from the Prior Developer (“Public Road Credits”), such Public Road Credits may be assigned by the Prior Developer, or granted directly by the County, to a public entity upon direction from the Prior Developer by written instrument in recordable form.

D. By that certain Assignment and Direction dated January 27, 2009, and recorded in

Official Records Book 3065, Pages 1878-1919, of the Public Records of St. Lucie County, Flori-da (“Assignment and Direction”), the Prior Developer and Tradition District No. 1, with the con-currence of the SG Districts, agreed that all Public Road Credits that were at such time or would in the future become available under the Settlement Agreement should be assigned to Tradition District No. 1 for allocation and assignment to owners of Benefitting Properties on a fair and uni-form basis, in accordance with the Methodology for the Distribution of Impact Fee Credits to Benefiting Properties attached as Exhibit A to the Assignment and Direction.

E. In June 2018, the Prior Developer sold to Mattamy the majority of the Prior De-

veloper’s holdings in the Benefitting Properties, and by that certain General Assignment dated June 29, 2018, assigned to Mattamy the Prior Developer’s rights under the Settlement Agree-ment.

F. Tradition District No. 1 and Mattamy, with the concurrence of the SG Districts,

agree that all Public Road Credits that are currently or will in the future become available under the Settlement Agreement should be assigned and transferred to Mattamy for allocation and as-signment to owners of Benefitting Properties in such manner as Mattamy and the County may agree.

NOW, THEREFORE, in consideration of the mutual promises and other consideration contained herein, and intending to be legally bound hereby, the parties agree as follows:

1. Recitals. The recitals set forth above are true and correct and incorporated herein

by reference. 2. Assignment and Transfer of Public Road Credits. (a) Tradition District No. 1 hereby (i) assigns to Mattamy any and all rights

received in accordance with the Assignment and Direction, including but not limited to any and all estate, right, title, interest, and claim whatsoever that Tradition District No. 1 has or may have to receive Public Road Credits from the County in accordance with the Settlement Agreement, and (ii) transfers, cedes, relinquishes, and surrenders to Mattamy all Public Road Credits that are or may become available now or in the future as provided in the Settlement Agreement, such as-signment and transfer of the Public Road Credits for purposes of enabling Mattamy to allocate and assign such Public Road Credits to persons and entities owning Benefitting Properties in such manner as Mattamy and the County may agree.

(b) As of the date of this Assignment and Transfer, the total amount of the

Public Road Credits hereby assigned to Mattamy is $___________________.

72

(c) Tradition District No. 1, for itself and its successors and assigns, agrees to cooperate with Mattamy to effect the meaning and intent of this Assignment and Transfer, and to execute such further instruments as may be reasonably required to give full force to, and to im-plement the terms and conditions of, this Assignment and Transfer.

(d) This Assignment and Transfer is undertaken by Tradition District No. 1

without any representation or warranty to Mattamy concerning the estate, right, title, interest, or claim regarding Public Road Credits that may be available from the County in accordance with the Settlement Agreement. 3. Effective Date. This Assignment and Transfer shall become effective upon the last date of execution by or on behalf of (a) Tradition District No. 1, granting such Assignment and Transfer, (b) Mattamy, accepting the Assignment and Transfer, (c) each of the SG Districts, acknowledging concurrence in the Assignment and Transfer, and (d) the County, acknowledging its consent to the Assignment and Transfer. 4. Recording. Upon execution by all parties as provided above, the original of this Assignment and Transfer shall be recorded by Tradition District No. 1 in the Public Records of St. Lucie County, Florida.

DATED this ___ day of _____________________, 2020. ATTEST: TRADITION COMMUNITY DEVELOPMENT DISTRICT NO. 1

By: Secretary/Assistant Secretary SCOTT HAYMAN Chairman, Board of Supervisors

STATE OF FLORIDA COUNTY OF ST. LUCIE

The foregoing instrument was acknowledged before me by means of G physical pres-ence or G online notarization this ____ day of __________________, 2020, by Scott Hayman, as Chairman of the Board of Supervisors of Tradition Community Development District No. 1. He:

G is personally known to me, or G has produced ____________________________________________ as identification.

[Notary Seal] Notary Public-State of Florida

Print Name: My commission expires:

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ACCEPTANCE OF ASSIGNMENT AND TRANSFER

Mattamy Palm Beach LLC hereby accepts the foregoing (a) assignment from Tradition District No. 1 of any and all rights received in accordance with the Assignment and Direction, including but not limited to any and all estate, right, title, interest, and claim whatsoever that Tradition District No. 1 has or may have to receive Public Road Credits from the County in ac-cordance with the Settlement Agreement and (b) transfer, cession, relinquishment, and surrender by Tradition District No. 1 of all Public Road Credits that are or may become available now or in the future as provided in the Settlement Agreement, such assignment and transfer of the Public Road Credits for purposes of enabling Mattamy to allocate and assign such Public Road Credits to persons and entities owning Benefitting Properties in such manner as Mattamy and the County may agree.

DATED this ____ day of _________________________, 2020.

Witnesses MATTAMY PALM BEACH LLC

By: Print Name: Print Name: Title: Print Name:

STATE OF COUNTY OF

The foregoing instrument was acknowledged before me by means of G physical presence or G online notarization this ___ day of _________________, 2020, by ____________________________, as _________________________ of Mattamy Palm Beach LLC. He/she:


[Notary Seal] Notary Public-State of


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CONCURRENCE OF SG DISTRICTS

Southern Grove Community Development District No. 1, Southern Grove Commu-nity Development District No. 2, Southern Grove Community Development District No. 3, Southern Grove Community Development District No. 4, Southern Grove Community De-velopment District No. 5, and Southern Grove Community Development District No. 6 hereby concur in the foregoing (a) assignment from Tradition District No. 1 to Mattamy of any and all rights received in accordance with the Assignment and Direction, including but not lim-ited to any and all estate, right, title, interest, and claim whatsoever that Tradition District No. 1 has or may have to receive Public Road Credits from the County in accordance with the Settle-ment Agreement and (b) transfer, cession, relinquishment, and surrender by Tradition District No. 1 to Mattamy of all Public Road Credits that are or may become available now or in the fu-ture as provided in the Settlement Agreement, such assignment and transfer of the Public Road Credits for purposes of enabling Mattamy to allocate and assign such Public Road Credits to per-sons and entities owning Benefitting Properties in such manner as Mattamy and the County may agree.

DATED this ____ day of _________________________, 2020.

ATTEST: SOUTHERN GROVE COMMUNITY DEVELOPMENT DISTRICT NO. 1

By:. Secretary/Assistant Secretary SCOTT HAYMAN Chairman, Board of Supervisors


The foregoing instrument was acknowledged before me by means of G physical presence or G online notarization this ____ day of ___________________, 2020, by Scott Hayman, as Chairman of the Board of Supervisors of the Southern Grove Community Development District No. 1. He:




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CONSENT OF ST. LUCIE COUNTY

St. Lucie County, Florida, a political subdivision of the State of Florida, does hereby consent to the foregoing (a) assignment from Tradition District No. 1 to Mattamy of any and all rights received in accordance with the Assignment and Direction, including but not limited to any and all estate, right, title, interest, and claim whatsoever that Tradition District No. 1 has or may have to receive Public Road Credits from the County in accordance with the Settlement Agreement and (b) transfer, cession, relinquishment, and surrender by Tradition District No. 1 to Mattamy of all Public Road Credits that are or may become available now or in the future as provided in the Settlement Agreement, such assignment and transfer of the Public Road Credits for purposes of enabling Mattamy to allocate and assign such Public Road Credits to persons and entities owning Benefitting Properties in such manner as Mattamy and the County may agree. DATED this ____ day of _________________________, 2020. BOARD OF COUNTY COMMISSIONERS ATTEST: ST. LUCIE COUNTY, FLORIDA

________________________________ By: ______________________________________ Clerk CATHY TOWNSEND, Chair Approved as to Form and Correctness: _______________________________________ Daniel S. McIntyre County Attorney STATE OF FLORIDA COUNTY OF ST. LUCIE

The foregoing instrument was acknowledged before me by means of G physical presence or G online notarization this ____ day of __________________, 2020, by Cathy Townsend, as Chair of the Board of County Commissioners of St. Lucie County. She:




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Sender’s Email: [email protected] MEMORANDUM

TO: B. Frank Sakuma District Administrator Tradition Community Development District FROM: Stefan K. Matthes, P.E. DATE: March 11, 2020 JOB: Roundabout Signage RE: Additional signage needs We have reviewed the existing roundabout within the Tradition community for minimum compliance with current signing and marking standards. It should be noted that the majority of the additional signs are associated with the onside travel lane of each approach. Our observations are as follows: Tradition Parkway/Stony Creek Way The following signs were found to be missing: Eastbound: 1 W2-6 (Advanced Roundabout); 3 W16-P7(Arrow); 1 W11-2 (Crosswalk); 1 R1-2 (Yield) Westbound: 5 W16-P7 (Arrow); 3 W11-2 (Crosswalk); 1 R1-2 (Yield) Northbound: 2 W11-2 (Crosswalk); 2 W16-P7 (Arrow); 1 R1-2 (Yield) Cost to add the 9 missing arrows and 10 missing new signs is estimated to be $3,650. Tradition Parkway/Community Blvd The following signs were found to be missing: Eastbound: 3 W16-P7(Arrow); 2 W11-2 (Crosswalk); 1 R1-2 (Yield) Westbound: 5 W16-P7 (Arrow); 2 W11-2 (Crosswalk); 1 R1-2 (Yield) Northbound: 2 W11-2 (Crosswalk); 4 W16-P7 (Arrow); 1 R1-2 (Yield) Southbound: 2 W11-2 (Crosswalk); 4 W16-P7 (Arrow); 1 R1-2 (Yield) Cost to add the 16 missing arrows and 12 missing new signs is estimated to be $4,640. Community Blvd/Rowley Lane The following signs were found to be missing: Eastbound: 4 W16-P7(Arrow); 2 W11-2 (Crosswalk); 1 R1-2 (Yield) Westbound: 4 W16-P7 (Arrow); 2 W11-2 (Crosswalk); 1 R1-2 (Yield) Northbound: 3 W11-2 (Crosswalk); 4 W16-P7 (Arrow); 2 R1-2 (Yield) Southbound: 3 W11-2 (Crosswalk); 4 W16-P7 (Arrow); 1 R1-2 (Yield) Cost to add the 16 missing arrows and 14 missing new signs is estimated to be $5,280.

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mailto:[email protected]

Community Blvd/Westcliffe Lane The following signs were found to be missing: Eastbound: 1 W2-6 (Roundabout); 5 W16-P7(Arrow); 2 W11-2 (Crosswalk); 2 R1-2 (Yield) Westbound: 4 W16-P7 (Arrow); 2 W11-2 (Crosswalk); 1 R1-2 (Yield) Northbound: 2 W11-2 (Crosswalk); 4 W16-P7 (Arrow); 1 R1-2 (Yield) Southbound: 2 W11-2 (Crosswalk); 4 W16-P7 (Arrow); 1 R1-2 (Yield) Cost to add the 17 missing arrows and 12 missing new signs is estimated to be $4,690. Community Blvd/Tremonte Ave The following signs were found to be missing: Eastbound: 1 W2-6 (Roundabout); 5 W16-P7(Arrow); 4 W11-2 (Crosswalk); 1 R1-2 (Yield) Westbound: 4 W16-P7 (Arrow); 3 W11-2 (Crosswalk); 1 R1-2 (Yield) Northbound: 1 W2-6 (Roundabout); 4 W11-2 (Crosswalk); 5 W16-P7 (Arrow); 1 R1-2 (Yield) Southbound: 1 W2-6 (Roundabout); 4 W11-2 (Crosswalk); 5 W16-P7 (Arrow); 1 R1-2 (Yield) Cost to add the 19 missing arrows and 22 missing new signs is estimated to be $7,990. Village Parkway/Westcliffe Lane The following signs were found to be missing: Eastbound: 4 W16-P7(Arrow); 3 W11-2 (Crosswalk); 1 R1-2 (Yield) Westbound: 1 W2-6 (Roundabout); 5 W16-P7 (Arrow); 3 W11-2 (Crosswalk); 1 R1-2 (Yield) Northbound: 2 W11-2 (Crosswalk); 4 W16-P7 (Arrow); 1 R1-2 (Yield) Southbound: 3 W11-2 (Crosswalk); 4 W16-P7 (Arrow); 1 R1-2 (Yield) Cost to add the 17 missing arrows and 16 missing new signs is estimated to be $5,970.

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