Cedar Hammock Community Development District Inframark, Infrastructure Management Services 210 N. University Drive Suite 702 Coral Springs, Florida 33

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1 Page Number 1 CEDAR HAMMOCK COMMUNITY DEVELOPMENT DISTRICT MAY 21, 2018 AGENDA PACKAGE

2 Cedar Hammock Community Development District Inframark, Infrastructure Management Services 210 N. University Drive Suite 702 Coral Springs, Florida Telephone: (954) Fax: (954) Page Number 2 May 14, 2018 Board of Supervisors Cedar Hammock Community Development District Dear Board Members: The regular meeting of the Board of Supervisors of the Cedar Hammock Community Development District will be held Monday, May 21, 2018 at 3:00 p.m. at the Cedar Hammock Clubhouse, 8660 Cedar Hammock Boulevard, Naples, Florida. Following is the advance agenda for this meeting. 1. Roll Call 2. Approval of Agenda 3. Audience Comment 4. Fiscal Year 2019 Budget Public Hearing A. Adoption of the Budget for Fiscal Year 2019 Resolution B. Levy of Non-Ad Valorem Assessments Resolution Old Business A. Lake 5 Repair Proposals 6. New Business A. Golf Cart Bridge Repairs B. Artistic Structures Proposal to Repair Bulkheads #4 and #5 C. Supervisor day Financial Calculations D. Acceptance of Fiscal Year 2017 Audit being sent under separate cover 7. Manager s Report A. Approval of the Minutes of the April 9, 2018 Meeting B. Financial Report C. Proposed Meeting Schedule for Fiscal Year 2019 D. Report on Number of Registered Voters E. Field Management Report F. Follow-Up Items i. FEMA from 4/25/18 8. Attorney s Report 9. Engineer s Report 10. Communication to Master Board 11. Discussion of Audit RFP 12. Supervisors Request 13. Adjournment The balance of the agenda is routine in nature and staff will give their reports at the meeting. In the meantime, if you have any questions, please contact me. Sincerely, Justin Faircloth Manager cc: Dan Cox Brett Sealy Sam Marshall

3 Fourth Order of Business Page Number 3

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5 Page Number 5 RESOLUTION A RESOLUTION OF THE CEDAR HAMMOCK COMMUNITY DEVELOPMENT DISTRICT RELATING TO THE ANNUAL APPROPRIATIONS OF THE DISTRICT AND ADOPTING THE BUDGET FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2018 AND ENDING SEPTEMBER 30, 2019, AND REFERENCING THE MAINTENANCE AND BENEFIT SPECIAL ASSESSMENTS TO BE LEVIED BY THE DISTRICT FOR SAID FISCAL YEAR WHEREAS, pursuant to the provisions of Section (2)(a), Florida Statutes, the District Manager has submitted to the Board of Supervisors (the "Board") a proposed budget for the next ensuing budget year along with an explanation and a complete financial plan for each fund of the District, prior to the fifteenth (15th) day in September 2018; and WHEREAS, at least sixty (60) days prior to the adoption of the proposed annual budget and any proposed long-term financial plan or program of the District for future operations (the "Proposed Budget) the District did file a copy of the Proposed Budget with the general purpose local governing authorities having jurisdiction over the area included in the District pursuant to the provisions of Section (2)(b), Florida Statutes; and WHEREAS, on March 12, 2018, the Board set May 21, 2018 as the date for a public hearing thereon and caused notice of such public hearing to be given by publication pursuant to Section (2)(a) Florida Statutes; and WHEREAS, Section (2)(a), Florida Statutes requires that, prior to October 1 of each year, the District Board by passage of the Annual Appropriation Resolution shall adopt a budget for the ensuing fiscal year and appropriate such sums of money as the Board deems necessary to defray all expenditures of the District during the ensuing fiscal year; and WHEREAS, the District Manager has prepared a Proposed Budget on a Cash Flow Budget basis, whereby the budget shall project the cash receipts and disbursements anticipated during a given time period, including reserves for contingencies for emergency or other unanticipated expenditures during the fiscal year; and WHEREAS, Section , Florida Statutes provides that the Annual Appropriation Resolution shall also fix the Maintenance Special Assessments and Benefit Special Assessments upon each piece of property within the boundaries of the District benefited, specifically and peculiarly, by the maintenance and/or capital improvement programs of the District, such levy representing the amount of District assessments necessary to provide for payment during the ensuing budget year of all properly authorized expenditures to be incurred by the District, including principal and interest of special revenue, capital improvement and/or benefit assessment bonds, in order for the District to exercise its various general and special powers to implement its single and specialized infrastructure provision purpose; and WHEREAS, the Board of Supervisors of the Cedar Hammock Community Development District finds and determines that the non-ad valorem special assessments it imposes and levies on the parcels of property by this Resolution for the operations of the District and the maintenance of its facilities will constitute a mechanism by which the property owners lawfully and validly will reimburse the District for those certain special and peculiar benefits the District has determined are received by, and flow to, the

6 Page Number 6 parcels of property from the systems, facilities and services being provided, and that the special and peculiar benefits are apportioned in a manner that is fair and reasonable in accordance with applicable assessment methodology and related case law; and WHEREAS, the Chair of the Board of Supervisors may designate the District Manager or other person to certify the non-ad valorem assessment roll to the Tax Collector in and for Collier County political subdivision on compatible electronic medium tied to the property identification number no later than 15 September 2017 so that the Tax Collector may merge that roll with others into the collection roll from which the November tax notice is to be printed and mailed; and WHEREAS, the proceeds from the collections of these imposed and levied non-ad valorem assessments shall be paid to the Cedar Hammock Community Development District; and WHEREAS, the Tax Collector, under the direct supervision of the Florida Department of Revenue performs the state work in preparing, mailing out, collecting and enforcing against delinquency the non-ad valorem assessments of the District using the Uniform Collection Methodology for non-ad valorem assessments; and WHEREAS, if the Property Appraiser and the Tax Collector have adopted a different technological procedure for certifying and merging the rolls, then that procedure must be worked out and negotiated with Board approval through the auspices of the District Manager before there are any deviations from the provisions of Section , Fla. Stat., and Rule 12D-18, Florida Administrative Code. NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF CEDAR HAMMOCK COMMUNITY DEVELOPMENT DISTRICT; Section 1. dispositive. The provisions of the whereas clauses are true and correct and are incorporated herein as Section 2. Budget a. That the Board of Supervisors has reviewed the District Manager's Proposed Budget, a copy of which is on file with the office of the District Treasurer and the office of the Recording Secretary, and is hereby attached to this resolution, and hereby approves the Proposed Budget subject to amendments made at the public hearing, if any. b. That the District Manager's Proposed Budget, as amended by the Board, is adopted hereby in accordance with the provisions of Section (2)(a), Florida Statutes and incorporated herein by reference; provided, however, that the comparative figures contained in the adopted budget may be revised subsequently as deemed necessary by the District Manager to reflect actual revenues and expenditures for the Fiscal Year 2018 and/or revised projections for Fiscal Year c. That the adopted budget, as amended, shall be maintained in the office of the District Treasurer and the District Recording Secretary and identified as "The Budget for the Cedar Hammock Community Development District for the Fiscal Year Ending September 30, 2019, as Adopted by the Board of Supervisors on May 21, Section 3. Appropriations

7 Page Number 7 That there be, and hereby is appropriated out of the revenues of the Cedar Hammock Community Development District, for the Fiscal Year beginning October 1, 2018, and ending September 30, 2019 the sum of Dollars ($ ) to be raised by the applicable imposition and levy by the Board of non-ad valorem special assessments and otherwise, which sum is deemed by the Board of Supervisors to be necessary to defray all expenditures of the District during said budget year, to be divided and appropriated in the following fashion: TOTAL GENERAL FUND $ DEBT SERVICE FUND $ Total All Funds $ Section 4. Supplemental Appropriations The Board may authorize by resolution supplemental appropriations or revenue changes for any lawful purpose from funds on hand or estimated to be received within the fiscal year as follows: a. Board may authorize a transfer of the unexpended balance or portion thereof of any appropriation item. b. Board may authorize an appropriation from the unappropriated balance of any fund. c. Board may increase any revenue or income budget account to reflect receipt of any additional unbudgeted monies and make the corresponding change to appropriations or the unappropriated balance. The District Manager and Treasurer shall have the power within a given fund to authorize the transfer of any unexpended balance of any appropriation item or any portion thereof, provided such transfers do not exceed Ten Thousand ($10,000) Dollars or have the effect of causing more than 10% of the total appropriation of a given program or project to be transferred previously approved transfers included. Such transfer shall not have the effect of causing a more than $10,000 or 10% increase, previously approved transfers included, to the original budget appropriation for the receiving program. Transfers within a program or project may be approved by the applicable department director and the District Manager or Treasurer. The District Manager or Treasurer must establish administrative procedures, which require information on the request forms proving that such transfer requests comply with this section. Section 5. Maintenance and Benefit Special Assessment Levy: Fixed and Referenced and to be Levied by the Board a. That the Fiscal Year 2019 Maintenance and Benefit Special Assessment Levies (the "assessment levy") for the assessment upon all the property within the boundaries of the District based upon the special and peculiar benefit received and further based upon reasonable and fair apportionment of the special benefit, shall be in accordance with the attached Exhibit A, which levy represents the amount of District assessments necessary to provide for payment during the

8 Page Number 8 aforementioned budget year of all properly authorized expenditures to be incurred by the District, including principal and interest of special revenue, capital improvement and/or benefit assessment bonds. Said assessment levy shall be distributed as follows: General Fund O & M $ [See Assessment Levy Resolution ] Debt Service Fund $ [See Assessment Levy Resolution ] b. The designee of the Chair of the Board of Supervisors of the Cedar Hammock Community Development District shall be the Manager or the Treasurer of the District designated to certify the non-ad valorem assessment roll to the Tax Collector in and for the Collier County political subdivision, in accordance with applicable provisions of State law (Chapters 170, 190 and 197, Fla. Stat.) and applicable rules (Rule 12D-18, Florida Administrative Code) which shall include not only the maintenance special assessment levy but also the total for the debt service levy, as required by and pursuant to law. Introduced, considered favorably, and adopted this 21 st day of May, Cedar Hammock Community Development District Tom Cook Chairman Attest: Secretary

9 Page Number 9 CEDAR HAMMOCK Community Development District Annual Operating and Debt Service Budget Fiscal Year 2019 Approved Tentative Budget Version 3 (5_9_18) Prepared by:

10 Page Number 10 CEDAR HAMMOCK Community Development District Budget Overview Fiscal Year 2019

11 CEDAR HAMMOCK Community Development District Page Number 11 Table of Contents Page # OPERATING BUDGET General Fund Summary of Revenues, Expenditures and Changes in Fund Balances Budget Narrative 3-6 Exhibit A - Allocation of Fund Balances. 7 SUPPORTING BUDGET SCHEDULES Non-Ad Valorem Assessment Summary.. 8

12 Page Number 12 CEDAR HAMMOCK Community Development District Operating Budget Fiscal Year 2019

13 CEDAR HAMMOCK Community Development District Page Number 13 General Fund Summary of Revenues, Expenditures and Changes in Fund Balances Fiscal Year 2019 Approved Tentative Budget REVENUES ADOPTED ACTUAL PROJECTED TOTAL ANNUAL ACTUAL ACTUAL BUDGET THRU MAY- PROJECTED BUDGET ACCOUNT DESCRIPTION FY 2016 FY 2017 FY 2018 APR-2018 SEP-2018 FY 2018 FY 2019 Interest - Investments $ 3,494 $ 5,263 $ 2,017 $ 3,623 (1,606) 2,017 $ 2,017 Interest - Tax Collector Special Assmnts- Tax Collector 279, , , ,600 3, , ,523 Special Assmnts- Discounts (10,201) (10,283) (15,181) (14,223) - (14,223) (15,181) Other Miscellaneous Revenus $ - $ - $ - 5,988 $ - $ - - Total $ - $ - $ - $ - $ - $ - $ - TOTAL REVENUES 272, , , ,004 2, , ,359 EXPENDITURES Administrative ProfServ-Engineering 7,544 22,806 30,000 17,291 12,709 30,000 30,000 ProfServ-Legal Services 1,363 1,413 2, ,450 2,000 2,000 ProfServ-Mgmt Consulting Serv 35,146 32,130 37,286 21,750 15,536 37,286 38,404 ProfServ-Property Appraiser 4,195 4,195 5,693 4,195-4,195 - ProfServ-Special Assessment 2,855 2,855 2,855 2,855-2,855 2,941 ProfServ-Web Site Maintenance Auditing Services 5,000 5,000 5,000-5,000 5,000 5,000 Postage and Freight 407 1, Insurance - General Liability 7,135 7,235 7,500 7,235-7,235 7,959 Printing and Binding ,000 1, ,246 2,246 Legal Advertising 1,839 2,090 2, ,376 1,965 2,394 Misc-Bank Charges Misc-Assessmnt Collection Cost 3,291 3,618 7,590 7, ,306 - Misc-Web Hosting Office Supplies Annual District Filing Fee Total Administrative 71,181 84, ,227 64,355 38, ,896 93,878 Field ProfServ-Field Management 700 1,450 1,494-1,494 1,494 1,539 Contracts-Water Mgmt Services 7,200 7,200 7,200 4,200 3,000 7,200 7,200 Contracts-Water Quality 2, Utility - Cameras 1,271 1,288 1, ,320 1,320 Electricity - Wells 139 2,841 3,000 1,566 1,119 2,685 3,000 Electricity - Aerator 369 1,325 2, ,707 2,000 R&M - General 5, R&M - Lake 1,423-3,000-3,000 3,000 3,000 R&M - Bridges ,000 R&M - Bulkheads ,000 R&M - Plant Replacement - 1,593 3,015-3,015 3,015 3,015 Misc-Contingency 1,528 18,529 15,868 13,937 9,955 23,892 33,572 Capital Outlay - 22,875 9, ,945 Capital Outlay - Bulkheads 28,290-1,500, Reserve - Bridges , ,910 Reserve - Bulkheads - 45,332 83,980 9,631-9,631 83,980 Reserve - Lakes 100, , ,000 Reserve - Roadways - 194,370 72,000 5,457-5,457 72,000 Total Field 149, ,245 1,738,732 36,557 22,844 59, ,481 Annual Operating Budget Fiscal Year 2019 Page 1

14 CEDAR HAMMOCK Community Development District Page Number 14 General Fund Summary of Revenues, Expenditures and Changes in Fund Balances Fiscal Year 2019 Approved Tentative Budget ADOPTED ACTUAL PROJECTED TOTAL ANNUAL ACTUAL ACTUAL BUDGET THRU MAY- PROJECTED BUDGET ACCOUNT DESCRIPTION FY 2016 FY 2017 FY 2018 APR-2018 SEP-2018 FY 2018 FY 2019 Debt Service 238,732 Interest Expense , Total Debt Service , TOTAL EXPENDITURES 220, ,133 1,866, ,912 61, , ,359 Excess (deficiency) of revenues Over (under) expenditures 52,250 (109,616) (1,500,000) 270,092 (59,068) 205,020 - OTHER FINANCING SOURCES (USES) Loan Proceeds - - 1,500, TOTAL OTHER SOURCES (USES) - - 1,500, Net change in fund balance 52,250 (107,503) - 270,092 (59,068) 205,020 - Fund balance - audit adjustments FUND BALANCE, BEGINNING 665, , , , , ,922 FUND BALANCE, ENDING $ 717,405 $ 609,902 $ 609,902 $ 879,994 $ (59,068) $ 814,922 $ 814,922 Annual Operating Budget Fiscal Year 2019 Page 2

15 CEDAR HAMMOCK Community Development District Page Number 15 General Fund Exhibit "A" Allocation of Fund Balances AVAILABLE FUNDS Amount Beginning Fund Balance - Fiscal Year 2019 $ 814,922 Net Change in Fund Balance - Fiscal Year Reserves - Fiscal Year 2019 Additions 191,890 Total Funds Available (Estimated) - FY19 1,006,812 ALLOCATION OF AVAILABLE FUNDS Assigned Fund Balance Operating Reserve - First Quarter Operating Capital 43,617 (1) Reserves - Bridges Prior Year's Reserve Funding 118,180 FY 2018 Reserve Funding 20,910 FY 2019 Reserve Funding 20, ,000 Reserves - Bulkheads Prior Year's Reserve Funding 67,360 FY 2018 Reserve Funding 83,980 Less Actual FY18 (9,631) FY 2019 Reserve Funding 83, ,689 Reserves - Lakes Prior Year's Reserve Funding 29,553 FY 2018 Reserve Funding 15,000 FY 2019 Reserve Funding 15,000 59,553 Reserves - Roadways Prior Year's Reserve Funding 117,866 FY 2018 Reserve Funding 72,000 Use of Reserves in FY18 (5,457) FY 2019 Reserve Funding 72, ,409 Subtotal 745,268 Total Allocation of Available Funds 745,268 Total Unassigned (undesignated) Cash $ 261,544 Notes (1) Represents approximately 3 months of operating expenditures Annual Operating Budget Fiscal Year 2019 Page 3

16 CEDAR HAMMOCK Community Development District Page Number 16 General Fund Budget Narrative Fiscal Year 2019 REVENUES: Interest Income The District earns interest on the monthly average collected balance for their operating accounts, money market accounts and certificates of deposits. Special Assessments - Tax Collector The District will levy a Non-Ad Valorem assessment on all sold and platted parcels within the District in order to pay for the operating expenditures during the Fiscal Year. Special Assessments - Discounts Per Section , Florida Statutes, discounts are allowed for early payment of assessments. The budgeted amount for the fiscal year is calculated at 4% of the anticipated Non-Ad Valorem assessments. EXPENDITURES: Administrative: Prof Service - Engineering The District s engineer will be providing general engineering services to the District, i.e., attendance and preparation for monthly board meetings, review invoices, etc. Prof Service - Legal Services The District s legal counsel will be providing general legal services to the District, i.e., attendance & preparation for monthly meetings, review operating & maintenance contracts, etc. Prof Service - Management Consulting Serv The District receives Management, Accounting and Administrative services as part of a Management Agreement with Inframark Infrastructure Management Services. These services are further outlined in Exhibit A of the Management Agreement. A 3% increase is proposed. Prof Service - Property Appraiser The Property Appraiser provides the District with a listing of the legal description of each property parcel within the District boundaries, and the names and addresses of the owners of such property. The District reimburses the Property Appraiser for necessary administrative costs incurred to provide this service. Per the Florida Statutes, administrative costs shall include, but not be limited to, those costs associated with personnel, forms, supplies, data processing, computer equipment, postage, and programming. The budget for property appraiser costs was based on 1.5% of gross assessments. Annual Operating Budget Fiscal Year 2019 Page 4

17 CEDAR HAMMOCK Community Development District Page Number 17 General Fund Budget Narrative Fiscal Year 2019 Prof Service - Special Assessment The District s Collection Agent will be providing financials services which include the collection of prepaid assessments, maintenance of District's assessment roll and levying the annual operating and maintenance assessments. Prof Service Web Site Maintenance Inframark Infrastructure Management Services maintains the District s accounts & updates the web site information. A 3% increase is proposed. Auditing Services The District is required annually to conduct an audit of its financial records by an Independent Certified Public Accounting Firm. Postage and Freight Mailing of agenda packages, overnight deliveries, correspondence, etc. Insurance - General Liability The District s General Liability & Public Officials Liability Insurance policy is with The Florida League of Cities, Inc. The Florida League of Cities, Inc. specializes in providing insurance coverage to governmental agencies. Printing & Binding Printing and Binding agenda packages for board meetings, printing of computerized checks, stationary, envelopes etc. Legal Advertising The District is required to advertise various notices for monthly Board meetings, public hearings, etc. in a newspaper of general circulation. Misc - Bank Charges Bank analysis fees that are incurred during the year. Misc-Assessment Collection Costs The District reimburses the Tax Collector for necessary administrative costs. Per the Florida Statutes, administrative costs shall include, but not be limited to, those costs associated with personnel, forms, supplies, data processing, computer equipment, postage, and programming. The District also compensates the Tax Collector for the actual cost of collection or 2% on the amount of special assessments collected and remitted, whichever is greater. The budget for collection costs was based on a maximum of 2% of the anticipated assessment collections. Annual Operating Budget Fiscal Year 2019 Page 5

18 CEDAR HAMMOCK Community Development District Page Number 18 General Fund Budget Narrative Fiscal Year 2019 Misc Web Hosting The District incurs expenses to maintain and renew their website domain and accounts. Office Supplies Miscellaneous office supplies required for the preparation of agenda packages. Annual District Filing Fee The District is required to pay an annual fee of $175 to the Dept of Economic Opportunity Div. Field Services: Prof Service Field Management Inframark Infrastructure Management Services inspects the field and provides an annual report. Contracts Water Mgmt Services Professional services for environmental permit compliance. Currently all fees associated with the renewal of the Water Use Permit. Contracts - Water Quality Professional services in monitoring water quality for reporting to regulatory agencies. Utility Cameras Comcast provides monitoring services for the District s gate cameras. Electricity - Wells FPL provides electrical services for the District s pumps at the following addresses: 8684 Cedar Hammock Circle - Well #4 Meter KL Cedar Hammock Court Well #6 Meter ACD4996 Electricity - Aerators FPL provides electrical services for the District s pumps at the following addresses: 3826 Wax Myrtle Run Meter ACD Cedar Hammock Blvd Meter ACD Buttonwood Way Meter ACD8387 R&M - Lake Repair and maintenance expenses related to lakes including washout repairs and erosion. R&M Plant Replacement Replace landscape plantings at pumps. Annual Operating Budget Fiscal Year 2019 Page 6

19 CEDAR HAMMOCK Community Development District Page Number 19 General Fund Budget Narrative Fiscal Year 2019 Misc-Contingency Any current year Field expenditure that may not have been provided for in the budget. Capital Outlay Capital expenditures for items such as irrigation equipment or other items meeting capital expenditure requirements. Reserve - Bridges Funds to be set aside for future bridge expenditures as determined by the BOS. Reserve - Bulkheads Funds to be set aside for future bulkhead expenditures as determined by the BOS. Reserve - Lakes Funds to be set aside for future lake expenditures as determined by the BOS. Reserve - Roadways Funds to be set aside for future roadway expenditures as determined by the BOS. Annual Operating Budget Fiscal Year 2019 Page 7

20 Page Number 20 CEDAR HAMMOCK Community Development District Supporting Budget Schedules Fiscal Year 2019

21 CEDAR HAMMOCK Community Development District Page Number Assessment Chart O&M Assessment Product Total Units FY 2019 FY 2018 Percent Change Single Family 65 $ $ % 2-Story 228 $ $ % 4-Story 330 $ $ % Duplex 176 $ $ % 799 Annual Operating Budget Fiscal Year 2019 Page 8

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23 Page Number 23 RESOLUTION A RESOLUTION LEVYING AND IMPOSING A NON AD VALOREM MAINTENANCE AND BENEFIT SPECIAL ASSESSMENT FOR THE CEDAR HAMMOCK COMMUNITY DEVELOPMENT DISTRICT FOR FISCAL YEAR 2019 Preamble WHEREAS, the Cedar Hammock Community Development District owns certain improvements and facilities incurs costs of operation, repairs and maintenance; and WHEREAS, the Board of Supervisors of the Cedar Hammock Community Development District find that the District's total General Fund operation assessments, taking into consideration other revenue sources during Fiscal Year 2019, will amount to $ ; and WHEREAS, the Board of Supervisors of the Cedar Hammock Community Development District finds the District s Debt Service Fund Assessment during Fiscal Year 2019 will amount to $ ; and WHEREAS, the Board of Supervisors of the Cedar Hammock Community Development District finds that the maintenance and benefit non-ad valorem special assessments it levies and imposes by this resolution for operations, repair and maintenance will reimburse the District for certain special and peculiar benefits received by the property subject to the assessment flowing from the operations, repair and maintenance of the systems, facilities and services provided by the District and are apportioned in a manner that is fair and reasonable, in accordance with the applicable assessment methodology; and WHEREAS, the District Board understands that this resolution levies the maintenance and benefit assessments for 2019 and the Chair of the District, or his designee, the District Manager, shall certify a total non-ad valorem assessment roll in a timely manner to the Tax Collector in and for Collier County for collection to include all assessments levied and approved by the District. NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE CEDAR HAMMOCK COMMUNITY DEVELOPMENT DISTRICT OF COLLIER COUNTY, FLORIDA; Section 1. All the whereas clauses are incorporated herein and are dispositive. Section 2. A special assessment for maintenance as provided for in Section (3), Florida Statutes, and a special assessment for the exercise of the District s powers as provided for in

24 Page Number 24 Section (2), Florida Statutes (hereinafter referred to as Assessments) are hereby levied on the platted lots within the District. Section 3. That the collection and enforcement of the aforesaid Assessments on platted lots shall be by the Tax Collector serving as agent of the State of Florida in Collier County (Tax Collector) and shall be at the same time and in like manner as ad valorem taxes and subject to all ad valorem tax collection and enforcement procedures which attend the use of the official annual tax notice. Section 4. The levy and imposition of the Assessments on platted lots included in the District will be certified as a total amount on the non-ad valorem assessment roll to the Collier County Tax Collector by the designee of the Chair of the Board on compatible medium no later than 15 September 2018, and shall then be collected by the Tax Collector on the tax notice along with other nonad valorem assessments from other local governments and with all applicable property taxes to each platted parcel of property. Section 5. Development District. The proceeds therefrom shall be paid to the Cedar Hammock Community Section 6. The Chair of the Board of the Cedar Hammock Community Development District designates the District Manager to perform the certification duties. Section 7. Be it further resolved, that a copy of this Resolution be transmitted to the proper public officials so that its purpose and effect may be carried out in accordance with law. PASSED AND ADOPTED this 21 st of May, 2018, by the Board of Supervisors of the Cedar Hammock Community Development District, Collier County, Florida. Secretary Tom Cook Chairman

25 Fifth Order of Business Page Number 25

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27 Copeland Southern Enterprises,Inc Many Road North Fort Myers, Fl, PROFESSIONAL SERVICES AGREEMENT BETWEEN COPELAND SOUTHERN ENTERPRISES, INC. AND Cedar Hammock Community Development District OWNER INFORMATION: OWNER S ADDRESS: 8660 Cedar Hammock Blvd, Naples, FL BILL TO THE ATTENTION OF: Justin Faircloth, District Manager PROJECT NAME: S.W. Corner of Lake 5 Erosion and Plant Restoration. WORK DESCRIPTION: Rebuild and Reinforce Lake Bank with Coconut Erosion Blanket totaling 114 feet using reclaimed material from Lake 5 bottom and install 85 New Spartina Plants. REMARKS: 1) All guest and golfers will need to be notified by the board of the repair project on Lake 5 to stay clear of the equipment during the project. 2) All Sprinkler heads and lines within the work area must be clearly marked by Golf Course before construction begins 3) CSEI will call in a dig ticket 72 hours before work can start to allow utility companies time to mark the underground utilities within the work areas. DATE: 04/25/2018 OWNER INFORMATION: Page Number 27 TELEPHONE NO.: (239) / 306 Fax No: (239) Justin.Faircloth@inframark.com PROJECT MANAGER: Scott Copeland copelandsei@aol.com FEE AND TYPE: Time & Materials based upon the Rate Schedule in effect at the time service is rendered. Estimated Fees: $ Not-To-Exceed Fixed Fee based upon the Rate Schedule in effect at the time service is rendered: $ Lump Sum Fixed Fee: $ 14, Total Fees: $ 14, Dear Justin Faircloth In Pursuant to your request, Copeland Southern Enterprises, Inc. is pleased to submit the following proposal for the S.W. Corner of Lake 5 Erosion and Planting Correction for the above-referenced project: SCOPE OF SERVICES (Limited to the following): 1. Crews will set up MOT around work areas for safety during the project and removed once job has been completed. 2. All Plants within the work area will be removed and transplanted back in repaired area after slope has been corrected. 3. Crews will excavate and reclaimed material from Lake 5 bottom and back fill West Bank, crews will also re-enforcing slope with Coconut Erosion Blanket to stabilize the bank and it bring it back to the proposed grade. 4. Crews will install Coconut Erosion Blanket with 1 inch of top soil on top of Coconut Blanket to help lock it in and Matching Sod will be laid where it is needed on lake side. 5. Crews will re-install all the existing Spartina plants with 85 new plants, planted on a 5 foot off center planting. 6. Crews will restore the lawns and slopes back to original condition where equipment crossing has damaged lawns. 7. Work is estimated to take 1 week to complete. Note: Any additional work and services requested, and is not found in this Proposal can be done, but will require additional cost to be paid in full with proposal fee upon the completion of job. We at Copeland Southern Enterprises hope this meets your approval and satisfies your requirements. If so please sign the contract proposal below and return a copy to our office by Fax or . Should you have any questions or need any additional information, Please do not hesitate to call Scott Copeland at or Mobile # Fax OWNER AUTHORIZATION: I warrant and represent that I am authorized to enter into this contract for professional services and I hereby authorize the performance of the above services and agree to pay the charges upon the completion of the Job resulting there from as identified in the FEE TYPE section above. I have read, understand and agree to these Standard Business Terms. Authorized Signature: Typed Name & Title: Date:

28 Page Number 28 Exhibit: S.W. Corner Lake 5 Restoration and Planting Exhibit 2, Lake Restoration and Planting Detail. Existing Grade New Spartina Planting 5 Foot Off Centers Coconut Erosion Mat Lake Control Line Level Back Fill Eroded Slope Erosion Mat Anchors

29 Page Number 29 From: Tom Read Sent: Monday, April 02, :08 PM To: Faircloth, Justin Cc: 'JERALD' Subject: RE: Cedar Hammock CDD - Lake 5 Erosion Justin, Please note the following estimate as requested by you: Materials $5800 Labor $6600 Total $12,400 In the future please direct all inquiries to me and not our Golf Superintendent. Thanks. Thomas Read General Manager, CAM Cedar Hammock Golf & Country Club fax

30 Sixth Order of Business Page Number 30

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34 Page Number 34 From: Ralph Verrastro Sent: Saturday, April 21, :23 PM To: Faircloth, Justin Cc: Rolando Corsa Gina Verrastro Subject: Cedar Hammock Golf Cart Bridge Repairs Justin, We have attached the 3 bids we received with totals for various scenarios and offer the following comments: 1. Artistic Structures is the low bidder if the full replacement of the stringers was desired with the replacement of the wear deck at $421, JTM is a close 2nd at $439, AUE is the highest at $539, If the partial stringer replacement and no wear deck option is selected with the wear deck JTM is slightly lower that Artistic. JTM is at $233,905 and Artistic is at $255, Artistic prices for all of the add alternates are the lowest. 6. Both Artistic and JTM suggest they need 13 weeks to do the full project which over 2 times the proposed closure window of time. 7. We may want to consider awarding half of the work each to JTM and Artistic and have them work at the same time and it may be possible to get all the work done in the proposed 6 week time frame. 8. The per square foot costs from Artistic and JTM for the full replacement repair are in the $31 PSF range. At Quail West they paid $46 PSF for the full replacement of their bridges including the piles and abutments for 10 ton bridges. 9. Assuming $46 PSF the cost to completely replace these bridges would be: 13,760 SF X $46= $632,960 or $211,000 more for bridges with a 30 year life compared to $421,721 for a 10 year life. The cost per year comparison would be $42k per year for repairs versus $21k per year for full replacement. 10. Full replacement next year may be prudent if the Board is really going to replace the bridges in 10 years. 11. To keep the repair cost to a minimum we could consider the partial stringer approach and no wear deck for the next 10 years which cuts the cost almost in half which yields an annual cost for the next 10 years at $23.4k which is only slightly above the full replacement annual cost. The approximate SF cost for this repair approach is $17 PSF. Let me know when you are available to discuss the bids. Ralph Verrastro, PE Principal

35 Page Number Secoya Reserve Circle, Naples, FL Tel BID PROPOSAL FORM Proposal Due Date: April 20, 2018 at 10:00 AM Bridge No. Demolition & Disposal of Deck & Curbs New Decking and Curbs Add Alternate for New Stringers 4 $ $ $ $ 3, , , A $ $ $ $ 4, , , B $ 4, $ 15, $ 11, $ 7 $ 2, $ 8, $ 6, $ 9 $ 19, $ 67, $ 50, $ 10 $ 4, $ 14, $ 10, $ 17 NA NA NA $ 18 $ $ $ $ 7, , , Bid Alternates Each Basis Add Alternate for New Wear Decking 8, , , , , , , , Price to Remove and Replace One (1) Stringer Price to Remove and Replace Both Cap Boards (including bolts) $ $ If the proposed 6 week schedule is not enough time, please provide the additional number of days that may be required to compete the work. 10 days/all Stringers Replaced -4 weeks/allow 3 weeks wear deck Submitted By: JTM Bridge (Company Name) Signature: Date: 4/06/18 Name (Printed): Michael Russell Title: President We design bridges to fit your site and budget.

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37 Inc. Page Number Page 371 of SW Riverside Drive, Arcadia, Florida / (863) / Fax (863) / articticstructures@msn.com PROPOSAL SUBMITTED TO: JOB DESCRIPTION: Cedar Hammock CDD Cedar Hammock, Bulkhead Repairs Attention Of: Justin Faircloth 8660 Cedar Hammock Blvd Inframark Naples, Fl Country Lakes Road Fort Myers, FL Office: ext Cell: We hereby submit specifications and pricing for all labor, equipment and materials to complete the following: 1.) 40 LF of Wall Repair on # 5 Green: Removal of existing wall verticals and horizontal whalers. Return existing pilings to plumb position. Installation of new 2 x 8 RS,.60 CCA verticals. Installation of new 3 x 8 RS,.60 CCA horizontal whalers Installation of new 5/8 x 12 HDG tie rods. Installation of new 8 x 6, 2.50 CCA piling deadman. Cost of Wall Repair. $ 13, ) 35 LF of Wall Repair on # 4 Green: Removal of existing wall verticals and horizontal whalers. Return existing pilings to plumb position. Installation of new 2 x 8 RS,.60 CCA verticals. Installation of new 3 x 8 RS,.60 CCA horizontal whalers Installation of new 5/8 x 12 HDG tie rods. Installation of new 8 x 6, 2.50 CCA piling deadman. Cost of Wall Repair. $ 11, ) Disposal Rates Disposal shall be charged at actual cost plus 10%. Artistic Structures shall provide owner with all disposal receipts. Rate - 20 Yard Roll-Off, $ Delivery, 2-Ton Cap, $ per each addition ton Notes: 1) Start dates shall be tentative to current workload at receipt of signed contracts. 2) Price does not include permitting. 3) Price based upon one mobilization. Stop of work resulting in additional mobilizations will result in additional cost. 4) Price does not include removal or replacement of existing irrigation lines and or utilities. All private utilities shall be located by owner. 5) Price does not include removal or replacement of any type of existing landscaping. 6) Price does not include finish grading or disturbed areas. 7) Price does not include additional fill if needed. 8) Price does not include replacement of cart path that will removed to construct the above. 9) Materials deposit due upon delivery. We hereby propose to furnish labor and materials complete in accordance with the above specification, for the sum of: Based on actual field measurements Dollars ($ ) with payment to be made as follows: Monthly draw based on percentage of completion 30% deposit upon mobilization All material is guaranteed to be as specified. All work to be completed in a workmanlike manner according to standard practices. Any alteration or deviation from above specifications involving extra costs, will be executed only upon written orders, and will become extra charge over and above the estimate. All agreements contingent upon strikes, accidents or delays beyond our control. This proposal subject to acceptance within 30 days and is void thereafter at the option of the undersigned. Owners to carry fire, wind, and other necessary insurance. Our workers are covered by workers compensation insurance. Authorized Signature: Artistic Structures Inc. ACCEPTANCE OF PROPOSAL: The above process, specifications and conditions are hereby accepted. You are authorized to do the work as specified. Payment shall be made as outlined above. Signature: Date:

38 6C. Page Number 38

39 Page Number 39 Cash Flow Fiscal Year 2019 Thru 2028 Project FY 2020 FY2021 FY2022 FY2023 FY2024 FY2025 FY2026 FY2027 FY2028 Bridges #4,5a,5b,7,10,17.18 $ 246, Bridge #9 $ 192, Bulkheads #4,5,16 $ 1,674, Bulkheads #17 $ 220, Road Paving to Maint. Bldg. $ 75, Road Paving Buttonwood & Ced Ham Crt $ 220, Road Paving Blvd. $ 700, Bulkheads Along Road #4,#5 $ 900, Annual Projected Project Expenses $ 1,921, $ 295, $ 1,092, $ 220, $ 700, Notes: Bridge replacements are actual bid prices, bulkheads are based on the actual bid Kensington received ($740./LF) Bridge replacement #9 includes a 10% increase over current bid.

40 Page Number 40 CASH FLOW FY 2020 THRU FY 2028 Fiscal Year Projected Project Expense $ 1,921, $ 295,000.0 $ 192, $ 220, $ - $ - $ - $ 700, Gross Ann. Rec Level Funded $ 366,359.0 $ 366,359.0 $ 366,359.0 $ 366,359.0 $ 366,359.0 $ 366,359.0 $ 366,359.0 $ 366,359.0 $ 366,359.0 Adm Exp. With 3% Ann. Inc. $ (109,375.0) $ (112,656.00) $ (116,035.00) $ (119,516.00) $ (123,101.00) $ (126,794.00) $ (130,597.00) $ (134,515.00) $ (138,550.00) Fixed Exp With 3% Ann Inc. $ (15,457.0) $ (15,921.00) $ (16,398.00) $ (16,890.00) $ (17,397.00) $ (17,919.00) $ (18,456.00) $ (19,010.00) $ (19,580.00) Contingency Exp. $ (103,000.0) $ (106,090.00) $ (109,273.00) $ (112,551.00) $ (115,927.00) $ (119,405.00) $ (122,987.00) $ (126,677.00) $ (130,477.00) Free Cash $ 138,527.0 $ 131, $ 124, $ 117, $ 109, $ 102, $ 94, $ 86, $ 77, Carry Over $ 853,604.0 $ - $ 131, $ - $ 102, $ 196, $ 282, Total Cash $ 992,131.0 $ 131, $ 256, $ 117, $ 109, $ 102, $ 196, $ 282, $ 360, over/under budget $ (929,250.00) $ (38,646.00) $ (75,058.00) $ (110,066.00) $ (339,529.00) Notes: 1.Get a $1.3Million line of credit in FY 2020 should keep us cash possitive with a $300. tax increase starting in FY ) An increase of $300.on the tax rate starting in Fiscal Year 2020 would be required as a minimum increase. This would generate approx. $210,000. net/ year. An annual assessment of reserves and projects would then be necessary to determine future adjustments.

41 6D. Page Number 41

42 Page Number 42 Documents not received in time for agenda package production.

43 Seventh Order of Business Page Number 43

44 7A Page Number 44

45 April 9, 2018 Cedar Hammock CDD Page Number MINUTES OF MEETING CEDAR HAMMOCK COMMUNITY DEVELOPMENT DISTRICT The regular meeting of the Board of Supervisors of the Cedar Hammock Community Development District was held on Monday, April 9, 2018 at 3:00 PM at Cedar Hammock Clubhouse, 8660 Cedar Hammock Boulevard, Naples, Florida. Present and constituting a quorum were: Thomas Cook Chairman Gary McClellan Vice Chairman Norman Day Assistant Secretary Quentin Greeley Assistant Secretary Jack Rupe Assistant Secretary Also present were: Justin Faircloth District Manager Sam Marshall District Engineer Ralph Verrastro Bridging Solutions Residents The following is a summary of the discussions and actions taken at the April 9, 2018 Cedar Hammock Board of Supervisors meeting. FIRST ORDER OF BUSINESS Roll Call Mr. Cook called the meeting to order and Mr. Faircloth called the roll. Mr. Cook noted at the Membership Meeting a statement made about supervisors being appointed and no one was elected. Mr. Cook provided documentation to show he was elected in 2014 and in SECOND ORDER OF BUSINESS Approval of Agenda On MOTION by Mr. Greeley seconded by Mr. McClellan with all in favor the agenda was approved. THIRD ORDER OF BUSINESS Audience Comments o There not being any, the next item followed. FOURTH ORDER OF BUSINESS Old Business A. Organizational Matters i. Oath of Office Newly Appointed Supervisor o Mr. Faircloth, being a Notary Public of the State of Florida, administered two oaths of office to Mr. Rupe; a copy of which are attached hereto and made a part of the public record. Unapproved 1

46 April 9, 2018 Cedar Hammock CDD Page Number ii. Resolution Designating Officers o Resolution was presented. On MOTION by Mr. Rupe seconded by McClellan with all in favor, Resolution a resolution designating officers of Cedar Hammock Community Development District as Tom Cook as Chairman, Quentin Greeley as Vice Chairman, Justin Faircloth as Secretary, Robert Koncar as Treasurer, Stephen Bloom as Assistant Treasurer, Gary McClellan, Norman Day, and Jack Rupe as Assistant Secretaries, was adopted. B. Bridge Report i. Immediate Safety Repairs o Mr. Faircloth noted Artistic Structures completed the initial repairs at a cost of $9,950. o It was noted that some repairs were also recently completed by the Cedar Hammock Golf & Country Club. o What remains outstanding now are the long term bridge repairs. Mr. Ralph Verrastro from Bridging Solutions has submitted these repairs for bid. One bid has been received and the deadline to submit bids is April 20 th. The bids will be presented to the Board at the May meeting. C. Bulkhead Repairs i. Bulkhead Cap Replacement Project o Mr. Faircloth noted the caps on the bulkheads have been replaced where necessary. An invoice from Artistic Structures has been received. Being a safety issue, the repairs were completed. ii. Bulkhead #4 Repair o A bid from Artistic Structures was received in the amount of $9,950. Mr. Faircloth noted a proposal to repair damages observed on Bulkhead #5 has been requested, but not received. o Benton & Sons withdrew their prior proposal as they anticipated being able to perform the bulkhead cap repairs in addition to their bulkhead proposal. o A discussion on vinyl walls ensued. Mr. Day MOVED to proceed with a proposal from Ingenium, Inc for $44,415 to engineer four bulkheads (#4, #5, #16, & #17) and Mr. McClellan seconded the motion. o Mr. Faircloth noted since the item was not on the agenda, the audience should be allowed to comment on the motion. o Audience comments on bulkheads, design process, vinyl material, and cost were all received by the Board. Unapproved 2

47 April 9, 2018 Cedar Hammock CDD Page Number o Mr. Faircloth noted concern over potential rising costs. Mr. Verrastro indicated that if the District approved to move forward with a vinyl bulkhead wall design, he would bow out from further involvement. Mr. Verrastro s concern has always been with the amount of rock in the District. o Discussion ensued on the budget. On VOICE vote with Mr. Day, Mr. Cook, Mr. McClellan and Mr. Rupe voting aye and Mr. Greeley voting nay, the prior motion passed. FIFTH ORDER OF BUSINESS New Business o There being nothing to report, the next item followed. SIXTH ORDER OF BUSINESS Manager s Report A. Approval of Minutes of March 12, 2018 Meeting, March 19, 2018 Continued Meeting and March 26, 2018 Continued Meeting o Corrections were made to the March 12, 2018 minutes. On MOTION by Mr. Greeley seconded by Mr. Day with all in favor the minutes of the March 12, 2018 meeting was approved as amended. o Corrections were made to the March 19, 2018 continued minutes. On MOTION by Mr. McClellan seconded by Mr. Day with all in favor the minutes of the March 19, 2018 meeting was approved as amended. o Minor correction was made to the March 26, 2018 continued minutes. On MOTION by Mr. McClellan seconded by Mr. Day with all in favor the minutes of the March 26, 2018 continued meeting was approved as amended. B. Financial Report o The being no comments or questions, On MOTION by Mr. McClellan seconded by Mr. Rupe with all in favor the financial report was accepted. C. Discussion on Proposed Budget Fiscal Year 2019 o The Board briefly discussed the proposed budget. D. Follow Up Items Unapproved 3

48 April 9, 2018 Cedar Hammock CDD Page Number o Mr. Faircloth noted that repairs were necessary to Well#6. o The Board discussed proposals for water testing. Three proposals were received. o Mr. Marshall noted the proposals were for testing and not for any analysis. He commented that the proposers were all reputable firms. o Mr. Day noted that the changes implemented by Todd Legan in managing the golf course have helped to improve the lakes. o The Board decided to table the discussion on lake testing. o Discussion on soil testing for the bulkhead engineering design ensued. Staff will proceed with contacting Universal Engineering for such services. o Qualifying information was discussed with the Board. Mr. Faircloth will provide Mr. Read of Cedar Hammock Golf & Country Club with the updated qualifying information as discussed at the meeting. o Mr. Faircloth discussed issues regarding FEMA. o Mr. Read sent an to Brian Radey from FEMA stating a 20% factor for calculating the final cost for CDD debris removal costs. o Mr. Faircloth noted damage was observed to the southwest corner of Lake 5 after the storm. A proposal was requested from Mr. Todd Legan and Mr. Tom Read for the cost of repairing the bank. Mr. Read responded that the cost for material would be $5,800 and labor of $6,600 for a total of $12,400. In order for this project to be eligible for FEMA reimbursement the CDD must follow Federal Procurement Standards for this type of project. Two additional proposals will be obtained for this project. On MOTION by Mr. Day seconded by Mr. McClellan with all in favor the 20% designation made by Mr. Tom Read for CDD debris removal costs was approved. SEVENTH ORDER OF BUSINESS Attorney s Report There being no report, the next item followed. EIGHTH ORDER OF BUSINESS Engineer s Report A. Lake Testing Recommendations o This was discussed earlier in the meeting. NINTH ORDER OF BUSINESS Communication to Master Board There not being any, the next item followed. Unapproved 4

49 April 9, 2018 Cedar Hammock CDD Page Number TENTH ORDER OF BUSINESS Discussion of Audit RFP o Mr. Faircloth reported an RFP was sent out for the audit and no responses were received. The Attorney was contacted in regards to this issue and it was stated that the District could pursue proposals from three different firms. Staff will present proposals at the October meeting. ELEVENTH ORDER OF BUSINESS Supervisors Requests There not being any, the next item followed. TWELFTH ORDER OF BUSINESS Adjournment There being no further business, On MOTION by Mr. McClellan seconded by Mr. Day with all in favor the meeting was adjourned at 5:30 p.m. Justin Faircloth Tom Cook Secretary Chairman Unapproved 5

50 7B. Page Number 50

51 Page Number 51 CEDAR HAMMOCK Community Development District Financial Report April 30, 2018 Prepared by:

52 Page Number 52 CEDAR HAMMOCKS Community Development District Financial Statements (Unaudited) April 30, 2018

53 CEDAR HAMMOCK Community Development District Page Number 53 Table of Contents FINANCIAL STATEMENTS Balance Sheet. Page 1 Statement of Revenues, Expenditures and Changes in Fund Balances General Fund. Page 2-3 SUPPORTING SCHEDULES Non-Ad Valorem Special Assessments. Page 4 Cash and Investment Report. Page 5 Suntrust Bank Reconciliation. Page 6 Check Register and Invoices. Pages 7-14

54 CEDAR HAMMOCK Community Development District Page Number 54 General Fund Balance Sheet April 30, 2018 ACCOUNT DESCRIPTION TOTAL ASSETS Cash - Checking Account $ 16,013 Accounts Receivable 5,913 Investments: Certificates of Deposit - 12 Months 203,413 Certificates of Deposit - 18 Months 101,437 Money Market Account 571,876 Prepaid Items 138 Deposits 1,359 TOTAL ASSETS $ 900,149 LIABILITIES Accounts Payable $ 15,898 Accrued Expenses 4,257 TOTAL LIABILITIES 20,155 FUND BALANCES Nonspendable: Prepaid Items 138 Deposits 1,359 Assigned to: Operating Reserves 36,944 Reserves - Bridges 118,180 Reserves - Bulkheads 67,360 Reserves - Lakes 29,553 Reserves - Roadways 117,866 Unassigned: 508,594 TOTAL FUND BALANCES $ 879,994 TOTAL LIABILITIES & FUND BALANCES $ 900,149 Page 1

55 CEDAR HAMMOCK Community Development District Page Number 55 General Fund Statement of Revenues, Expenditures and Changes in Fund Balances For the Period Ending April 30, 2018 ANNUAL ADOPTED YEAR TO DATE YEAR TO DATE VARIANCE ($) ACCOUNT DESCRIPTION BUDGET BUDGET ACTUAL FAV(UNFAV) REVENUES Interest - Investments $ 2,017 $ 1,177 $ 3,623 $ 2,446 Interest - Tax Collector Special Assmnts- Tax Collector 379, , ,600 (3,923) Special Assmnts- Discounts (15,181) (15,181) (14,223) 958 Other Miscellaneous Revenues - - 5,988 5,988 TOTAL REVENUES 366, , ,004 5,485 EXPENDITURES Administration ProfServ-Engineering 30,000 17,500 17, ProfServ-Legal Services 2,000 1, ProfServ-Mgmt Consulting Serv 37,286 21,750 21,750 - ProfServ-Property Appraiser 5,693 5,693 4,195 1,498 ProfServ-Special Assessment 2,855 2,855 2,855 - ProfServ-Web Site Maintenance Auditing Services 5,000 5,000-5,000 Postage and Freight Insurance - General Liability 7,500 7,500 7, Printing and Binding 1, ,310 (727) Legal Advertising 2,394 1, Misc-Bank Charges (5) Misc-Assessmnt Collection Cost 7,590 7,590 7, Misc-Web Hosting (140) Office Supplies Annual District Filing Fee Total Administration 104,227 73,166 64,355 8,811 Page 2

56 CEDAR HAMMOCK Community Development District Page Number 56 General Fund Statement of Revenues, Expenditures and Changes in Fund Balances For the Period Ending April 30, 2018 ANNUAL ADOPTED YEAR TO DATE YEAR TO DATE VARIANCE ($) ACCOUNT DESCRIPTION BUDGET BUDGET ACTUAL FAV(UNFAV) Field ProfServ-Field Management 1, Contracts-Water Mgmt Services 7,200 4,200 4,200 - Utility - Cameras 1, Electricity - Wells 3,000 1,750 1, Electricity - Aerator 2,000 1, R&M-Lake 3,000 1,750 2,167 (417) R&M-Plant Replacement 3,015 1,759-1,759 Misc-Contingency 15,868 9,256 11,770 (2,514) Capital Outlay 9,945 5,801-5,801 Capital Outlay - Bulkheads 1,500, , ,000 Reserve - Bridges 20,910 20,910-20,910 Reserve - Bulkheads 83,980 83,980 9,631 74,349 Reserve - Lakes 15,000 15,000-15,000 Reserve - Roadways 72,000 72,000 5,457 66,543 Total Field 1,738,732 1,094,215 36,557 1,057,658 Debt Service Interest Expense 23,400 3,900-3,900 Total Debt Service 23,400 3,900-3,900 TOTAL EXPENDITURES 1,866,359 1,171, ,912 1,070,369 Excess (deficiency) of revenues Over (under) expenditures (1,500,000) (805,762) 270,092 1,075,854 OTHER FINANCING SOURCES (USES) Loan/Note Proceeds 1,500,000 1,500,000 - (1,500,000) TOTAL FINANCING SOURCES (USES) 1,500,000 1,500,000 - (1,500,000) Net change in fund balance $ - $ 694,238 $ 270,092 $ (424,146) FUND BALANCE, BEGINNING (OCT 1, 2017) 609, , ,902 FUND BALANCE, ENDING $ 609,902 $ 1,304,140 $ 879,994 Page 3

57 Page Number 57 CEDAR HAMMOCKS Community Development District Supporting Schedules April 30, 2018

58 CEDAR HAMMOCK Community Development District Page Number 58 Non-Ad Valorem Special Assessments (Collier County Tax Collector - Monthly Collection Distributions) For the Fiscal Year Ending September 30, 2018 ALLOCATION Discount / County Gross Date Net Amount (Penalties) Expense Amount General Fund Received Received Amount Amount Received Assessments Assessments Levied For FY 2018 $379,528 $ 379,528 Allocation % 100% % 11/07/17 2, ,888 2,888 11/15/17 72,395 3,078 1,477 76,950 76,950 11/30/17 174,283 7,410 3, , ,250 12/15/17 64,972 2,702 1,326 69,000 69,000 12/29/17 12, ,663 13,663 01/31/18 14, ,300 15,300 03/14/18 4, ,275 4,275 03/30/18 8, ,275 8,275 TOTAL $ 354,150 $ 14,223 $ 7,228 $ 375,600 $ 375,600 % COLLECTED 98.97% 98.97% TOTAL OUTSTANDING $ 3,928 $ 3,928 Report Date: 5/8/2018 Page 4

59 CEDAR HAMMOCK Community Development District Page Number 59 All Funds Cash and Investment Report April 30, 2018 General Fund Account Name Bank Name Investment Type Maturity Yield Balance Checking Account - Operating SunTrust Bank Public Funds NOW n/a 1.41% $ 16,013 Certificate of Deposit BankUnited 12 month CD 2/13/ % 203,413 Certificate of Deposit BankUnited 18 month CD 3/9/ % 101,437 Money Market Account BankUnited Public Funds MMA n/a 1.00% 571,876 sub-total MMA 571,876 Total $ 892,739 Report Date: 5/8/2018 Page 5

60 Cedar Hammock CDD Bank Reconciliation Page Number 60 Bank Account No Statement No Statement Date 4/30/2018 SunTrust - GF G/L Balance (LCY) 16, G/L Balance 16, Positive Adjustments 0.00 Subtotal 16, Negative Adjustments 0.00 Statement Balance 16, Outstanding Deposits 0.00 Subtotal 16, Outstanding Checks 0.00 Differences 0.00 Ending G/L Balance 16, Ending Balance 16, Difference 0.00 Posting Date Document Type Document No. Description Amount Cleared Amount Difference Page 6

61 CEDAR HAMMOCK Community Development District Page Number 61 Payment Register by Fund For the Period from 3/1/2018 to 4/30/2018 (Sorted by Check / ACH No.) Fund No. Check / ACH No. Date Payee Invoice No. Payment Description Invoice / GL Description G/L Account # Amount Paid GENERAL FUND /01/18 INFRAMARK, LLC /18 MANAGEMENT FEES ProfServ-Mgmt Consulting Serv $3, /01/18 INFRAMARK, LLC /18 MANAGEMENT FEES Printing and Binding $ /01/18 INFRAMARK, LLC /18 MANAGEMENT FEES Misc-Web Hosting $ /12/18 GAMMA TECH SERVICES, LLC 3006 AUDIO VIDEO SERVICES 2/22/18 Misc-Contingency $ /14/18 COMCAST BUSINESS /19-4/18/18 INTERNET Utility - Cameras $ /21/18 BANKS ENGINEERING INC 1263CDD-66 FEB GEN ENGINEERING ProfServ-Engineering $ /21/18 BRIDGING SOLUTIONS LLC 323 WALL REPLACEMENT ProfServ-Engineering $4, /21/18 BRIDGING SOLUTIONS LLC 322 GLF CART BRIDGES INSPECTION Misc-Contingency $5, /21/18 DANIEL H. COX, P.A FEB GEN COUNSEL ProfServ-Legal Services $ /21/18 FEDEX MAR POSTAGE Postage and Freight $ /26/18 CARDNO ENTRIX FEB MONITORING SERVICE Contracts-Water Mgmt Services $ /26/18 INFRAMARK, LLC /18 MANAGEMENT FEES ProfServ-Mgmt Consulting Serv $3, /26/18 INFRAMARK, LLC /18 MANAGEMENT FEES Postage and Freight $ /26/18 INFRAMARK, LLC /18 MANAGEMENT FEES Printing and Binding $ /26/18 INFRAMARK, LLC /18 MANAGEMENT FEES Misc-Web Hosting $ /04/18 FEDEX SERVICE FOR 3/27/18 Postage and Freight $ /10/18 ARTISTIC STRUCTURES INC 4/16/1986 BRIDGE REPS #18,14,10,7,5,&4 ProfServ-Engineering $9, /10/18 CEDAR HAMMOCK GOLF & R & M - LANDSCAPE SERVICES Misc-Contingency $2, /17/18 BANKS ENGINEERING INC 1263CDD-67 MAR GEN ENGINEERING ProfServ-Engineering $ DD /22/18 FPL - ACH ACH 2/2-3/2/18 ELEC ACH $ DD /22/18 FPL - ACH /2-3/2/18 ELEC $ DD /22/18 FPL - ACH /2/-3/2/18 ELEC $ DD /22/18 FPL - ACH /2-3/2/18 ELEC $ DD /23/18 FPL - ACH ACH 3/2-4/3/18 ELEC ACH Electricity - Aerator $ DD /23/18 FPL - ACH ACH 3/2-4/3/18 ELEC ACH Electricity - Wells $ Fund Total $32, Total Checks Paid $32, Page 7

62 Page Number 62 Page 8

63 Page Number 63 Page 9

64 Bridging Solutions, LLC Secoya Reserve Circle Naples, FL Page Number 64 Invoice Date Invoice # 2/19/ Bill To Cedar Hammock CDD c/o Justin Faircloth, Assistant District Mana 5911 Country Lakes Drive Fort Myers, FL Terms Due on receipt Project Golf Cart Bridges Description Est Amt Prior Amt Prior % Qty Rate Curr % Total % Amount Inspections and Study Report 5, , % % 5, Total Payments/Credits Balance Due $5, $0.00 $5, Page 10

65 Bridging Solutions, LLC Secoya Reserve Circle Naples, FL Page Number 65 Invoice Date Invoice # 2/19/ Bill To Cedar Hammock CDD c/o Justin Faircloth, Assistant District Mana S 5911 Country Lakes Drive Fort Myers, FL Terms Due on receipt Project Wall Replacement D... Description Est Amt Prior Amt Prior % Qty Rate Curr % Total % Amount Wall Inspection 1, , % 0 1, % % 0.00 Survey Coordination % % % 0.00 Preliminary Design Plans 9, , % 0 9, % % 0.00 Permitting Coordination % 0.00% 0.00 Final Bid Documents 8, , % 0 8, % % 0.00 Bidding Services 4, , % 0.00% 0.00 Construction Services 8, , % 0.00% 0.00 CO #1A - Wall Design for holes 4, 28, , % 0 28, % 90.00% , 16 & 17 CO #3 - Concrete Wall Design for holes 4 & 5 12, , % 40.00% 4, Total Payments/Credits Balance Due $4, $0.00 $4, Page 11

66 lnvoice submitted to: Cedar Hammock Community Development District s 210 North University Drive, Suite 702 Coral Springs FL Daniel H. Cox, P.A., Attomey at Law P.O. Drawer CC 1954 Cape Street Carrabelle, FL Telephone (850) NAles (239) dhcox@gtcom.net Tax ldentifi cation Nu,J.ber MAR Page Number 66 March 01, 2018 ln Reference To: lnvoice #10655 General Counsel INFRAITARK Professional Services Telephone conference with J. Faircloth. review and revise resolution. Memo and telephone conference with J. Faircloth. HrsrRate /hr Amount For professional seruice8 lsndered Pr Yious balance 0:36:00 $90.00 $ Accounts receivable transactions Payment - Thank You No Total payments and adjustments ($25o.oo) ($250.00) Balance due $ Page 12

67 Bill To: Cedar Hammock CDD 210 N University Dr, Suite 702 Coral Springs FL United States Inframark, LLC 2002 West Grand Parkway North Suite 100 Katy, TX Page Number 67 Invoice: Invoice Date: 3/21/2018 Due Date: 4/20/2018 Terms: Net 30 Project ID: CEDARHAMM OCK PO #: Sales Description Quantity Units Rate Amount Management Fees for the Month Of: March 2018 Administrative Services Postage Copies Web Hosting Ea $3, $3, Ea $5.17 $ Ea $ $ Ea $53.08 $53.08 Subtotal $3, Tax (0%) $0.00 Total Due $3, Remit To : Inframark, LLC P.O. Box Dallas, TX Please note our lockbox address has changed. Please include the Project ID and the Invoice Number on the check stub of your payment. Page 13 1 of 1

68 Page Number 68 Page 14

69 7C. Page Number 69

70 Page Number 70 P R O P O S E D Notice of Meetings Cedar Hammock Community Development District The Board of Supervisors of the Cedar Hammock Community Development District will hold their meetings for Fiscal Year 2019 at the Cedar Hammock Clubhouse, 8660 Cedar Hammock Boulevard, Naples, Florida at 3:00 p.m. on the second Monday of the following months except as noted: October 8, 2018 November 12, 2018 January 14, 2019 February 11, 2019 March 11, 2019 April 8, 2019 May 13, 2019 There may be occasions when one or more Supervisors will participate by telephone. Meetings may be continued to a date and time certain which will be announced at the meeting. In accordance with the provisions of the Americans with Disabilities Act, any person requiring special accommodations at this meeting because of a disability or physical impairment should contact the District Management Company, Inframark, Infrastructure Management Services at (954) If you are hearing or speech impaired, please contact the Florida Relay Service at (800) for aid in contacting the District Office at least two (2) days prior to the date of the hearing and meeting. Each person who decides to appeal any action taken at these meetings is advised that person will need a record of the proceedings and that accordingly, the person may need to ensure that a verbatim record of the proceedings is made, including the testimony and evidence upon which such appeal is to be based. Justin Faircloth District Manager

71 7D. Page Number 71

72 Page Number 72

73 7E. Page Number 73

74 Page Number 74 Cedar Hammock CDD April 13, 2018 Field Management Report Inspected by: Justin Faircloth & Lynn Jackson

75 Page Number Lake Management The water levels in the lakes are very low due to the lack of rain in the last several months. The lakes looked good overall with minimal algae and weed issues. Additional lake maintenance information is found below; all lake issues are low density unless otherwise noted. a. Aeration: All systems appeared to be working, see picture of 3 aerators on lake 8 below. (1 st pic). Aeration system between lake 10 and 13. (2 nd pic) b. Fountains: All were working. See picture of the fountains on lake 11 and lake 2. c. Algae on Lakes: Low density on lakes 4 (1 st pic), lake 6 (2 nd pic), 9 and 11. Inframark Yearly Management Report 1

76 Page Number 76 d. Littorals: No issues observed. e. Weeds: i. Alligator weed in Lakes: No issues observed. ii. Cattails in Lakes: No issues observed. iii. Climbing Hemp Vine in Lakes: 8 (1 st pic) & 14 (2 nd pic). Vines should be sprayed before they take over the littorals. iv. Dollar Weed in Lakes: No issues observed. v. Hydrilla in Lakes: No issues observed. vi. Muskgrass (Chara) in Lakes: No issues observed. vii. Palms on Lake Banks: No issues observed. viii. Sedges in Lakes: No issues observed. ix. Spatterdock/Lily Pads in Lakes: No issues observed. Inframark Yearly Management Report 2

77 Page Number 77 x. Torpedo Grass in Lakes: 7 & 8. f. Erosion on Lakes: No new issues observed g. Bulkheads/Bridges: i. All vegetation on the outside of the bulkheads should be sprayed to prevent any possible damage, helping to ensure the longest life possible of the walls. ii. They have done a great job in replacing and securing the top cap boards along the wall edges of the bulkheads. At our last inspection; there were various boards that were broken or unsecured at the time of the inspection. See before and after pictures below. Inframark Yearly Management Report 3

78 Page Number 78 iii. Bulkheads: Damage observed on the #5 Bulkhead. iv. Pilon cracked: A cracked piling was observed on the bridge of lake 4. Inframark Yearly Management Report 4

79 Page Number 79 v. Short term repairs have been completed on the bridges. Note repairs on the bridge that previously failed leading away the #9 green. h. Grass Clippings in Lakes: No issues observed. i. Trash in Lakes: The lakes are very low and minor trash/debris are starting to become exposed. Items observed on Lake 5 shown below. j. Dissolved Oxygen (D.O.) Tests: Lakes that were tested are doing well with their dissolved oxygen levels. Environmental factors such as temperature, wind, sun or clouds can cause changes to the D.O. level to occur. Cedar Hammock CDD Water Testing Results 4/13/2018 Lakes Dissolved Oxygen Lake Lake Lake Inframark Yearly Management Report 5

80 Page Number Guard House: i. The guardhouse windows may need to be cleaned soon. The stacks of newspapers should be removed to prevent a possible fire hazard. The decorative columns are in need of pressure washing and removing any vegetative growth from them. 3. Lighting A few of the guardhouse lights inside the awning on the ceiling are missing cover plate rims. 4. Pier: No issues observed. Inframark Yearly Management Report 6

81 Page Number Preserve: No issues observed. 6. Trees: 2 dead pine trees on hole #10 around 100 yrds before the irrigation box (pic). Another dead pine on the 11 th tee box. These trees should be removed to prevent a possible safety hazard. 7. Fire Hydrant: A blue fire hydrant marker is missing on the cul-de-sac of Buttonwood Way. 8. Roadways: Minimal damage in the driveway curb exit/entrance at the maintenance shed was noticed. Damage has also been observed along the roadway of Cedar Hammock Circle. The Engineer has been out to inspect this area and repairs will be coordinated with the vendor. Inframark Yearly Management Report 7

82 Page Number Security Cameras: The security camera system appeared to be working fine at the time of the inspection. 10. Sidewalks/Walking Path: The sod has been repaired all along the walking path around lake 7 from the damage of Hurricane Irma. 11. Stormwater System a. Canals: The canals are being well maintained on the Cedar Hammock s side of the canals. Inframark Yearly Management Report 8

83 Page Number 83 b. Drains: The drain on the southwest corner of lake 2 just north of Cedar Hammock Blvd. has a lot of bullrush adjacent to the mitered end of the pipe and should likely be cleared back to ensure water flow is not impeded during the rainy season. c. Interconnect Pipes: No issues observed. d. Lake Drainage Pipes: Lake 2: Recommend covering this pipe with rock like the others to keep it from getting damaged. e. Overflow Weirs/Control Structures: The control structure from lake 2 appeared clear. Inframark Yearly Management Report 9

84 Page Number 84 f. Catch Basins: No issues observed. 12. Wells: Well #6 has recently been repaired properly from previous damage. The piping on well #4 has also been change from the original piping, but Cardno has not raised any concerns. Well #2 may need to be repainted in the near future. Well #6 Well #4 Well #2 13. Residential Complaints/Concerns: No issues reported. 14. Fish/Wildlife Observations: Bass Bream Catfish Gambusia Egrets Herons Coots Gallinules Anhinga Cormorant Osprey Ibis Woodstork Otter Alligator Snakes Turtles Other Species: Inframark Yearly Management Report 10