FIDDLER S CREEK COMMUNITY DEVELOPMENT DISTRICT #2 SPECIAL MEETING, REGULAR MEETING AND PUBLIC HEARING AGENDA

Transcription

1 FIDDLER S CREEK COMMUNITY DEVELOPMENT DISTRICT #2 SPECIAL MEETING, REGULAR MEETING AND PUBLIC HEARING AGENDA August 22, 2018

2 Fiddler s Creek Community Development District #2 OFFICE OF THE DISTRICT MANAGER 2300 Glades Road, Suite 410W Boca Raton, Florida Phone: (561) Fax: (561) Toll-free: (877) August 15, 2018 Board of Supervisors Fiddler s Creek Community Development District #2 ATTENDEES: Please identify yourself each time you speak to facilitate accurate transcription of meeting minutes. Dear Board Members: The Board of Supervisors of the Fiddler s Creek Community Development District #2 will hold a Special Meeting, Regular Meeting and Public Hearing on August 22, 2018 at 9:30 a.m., at the Fiddler s Creek Club and Spa, 3470 Club Center Boulevard, Naples, Florida The agenda is as follows: 1. Call to Order/Roll Call 2. OPEN SPECIAL MEETING/ANNOUNCE EXECUTIVE SESSION/SPECIAL MEETING RECESS 3. COMMENCEMENT OF EXECUTIVE SESSION (Closed to the Public by Law) Executive Session Regarding Anna Marie Defeo v. Fiddler s Creek Community Development District #2, Pending Litigation 4. RECONVENE SPECIAL MEETING 5. Consideration of Matters Related to Anna Marie Defeo v. Fiddler s Creek Community Development District #2, Pending Litigation 6. CLOSE SPECIAL MEETING/OPEN REGULAR MEETING 7. Public Comments: Non-Agenda Items 8. Special Counsel Update 9. Developer s Report/Update 10. Engineer s Report: Hole Montes, Inc. 11. Public Hearing to Hear Comments and Objections on the Adoption of the District s Final Budget for Fiscal Year 2018/2019, Pursuant to Florida Law

3 Fiddler s Creek Community Development District #2 August , Special Meeting, Regular Meeting and Public Hearing Agenda Page 2 A. Affidavit/Proof of Publication B. Consideration of Resolution , Relating to the Annual Appropriations and Adopting the Budget for the Fiscal Year Beginning October 1, 2018, and Ending September 30, 2019; Authorizing Budget Amendments; and Providing an Effective Date 12. Consideration of Resolution , Making a Determination of Benefit and Imposing Special Assessments for Fiscal Year 2018/2019; Providing for the Collection and Enforcement of Special Assessments; Certifying an Assessment Roll; Providing for Amendments to the Assessment Roll; Providing a Severability Clause; and Providing an Effective Date 13. Consideration of Resolution , Adopting the Annual Meeting Schedule for Fiscal Year 2018/ Consideration of Non-Disturbance Encroachment Agreement [Oyster Harbor at Fiddler s Creek Phase 1, Lot 94] 15. Review of Fiddler s Creek Canopy Tree Pruning Evaluation Report by McGee & Associates 16. Acceptance of Unaudited Financial Statements as of July 31, Consideration of July 25, 2018 Regular Meeting Minutes 18. Staff Reports A. District Counsel: Woodward, Pires and Lombardo, P.A. B. District Manager: Wrathell, Hunt and Associates, LLC i. NEXT MEETING DATE: September 26, 2018 at 10:00 A.M. C. Operations Manager: Wrathell, Hunt and Associates, LLC 19. Supervisors Requests 20. Adjournment Should you have any questions, please do not hesitate to contact me directly at Sincerely, Chesley E. Adams, Jr. District Manager

4 FIDDLER S CREEK COMMUNITY DEVELOPMENT DISTRICT #2 11A

5 Published Daily Naples, FL Affidavit of Publication State of Florida Counties of Collier and Lee Before the undersigned they serve as the authority, personally appeared Natalie Zollar who on oath says that she serves as Inside Sales Manager of the Naples Daily News, a daily newspaper published at Naples, in Collier County, Florida; distributed in Collier and Lee counties of Florida; that the attached copy of the advertising was published in said newspaper on dates listed. Affiant further says that the said Naples Daily News is a newspaper published at Naples, in said Collier County, Florida, and that the said newspaper has heretofore been continuously published in said Collier County, Florida; distributed in Collier and Lee counties of Florida, each day and has been entered as second class mail matter at the post office in Naples, in said Collier County, Florida, for a period of one year next preceding the first publication of the attached copy of advertisement; and affiant further says that he has neither paid nor promised any person, or corporation any discount, rebate, commission or refund for the purpose of securing this advertisement for publication in the said newspaper. Customer Ad Number Copyline P.O.# FIDDLER S CREEK II CDD FIDDLERS CREEK COMMU Pub Dates August 15, 2018 (Signature of affant) Sworn to and subscribed before me This August 15, 2018 (Signature of affant)

6 FIDDLER S CREEK COMMUNITY DEVELOPMENT DISTRICT #2 NOTICE OF BOARD MEETING AND ATTORNEY-CLIENT SESSION Notice is hereby given that the Board of Super visors ( Board ) of the Fiddler s Creek C ommu n i t y D eve l op m en t Distric t #2 ( Distric t ) will conduc t a spe cial boa rd meeting and at torney-client session on August 22, 2018 at 9:30 a.m., at the Fiddler s Creek Club and Spa, 3470 Club Center Boulevard, Naples, Florida As part of the meeting, the a t t or n e y -c l i en t s e s s i on will be held to dis cuss set tlement negotiations and strategy related to litigation expenditures, in connection with the pending litigation titled Anna Marie Defeo v. Fiddler s Creek Community Development District #2, Case No. 9:18-CV BB (Voice), for aid in contacting the District Of fice. A person who decides to appeal any decision made by the Board with respec t to any matter considered at the meeting is advised that the 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 the appeal is based. District Manager Fiddler s Creek Communit y Development District #2 August 15, 2018 No T h e me e t ing a n d th e a t t or n e y -c l i en t s e s s i on may be continued to a date, time and place approved by the Board on the record without additional publication of notice. There may be occasions when one or more Supervisors will participate in the special board meeting by telephone. The meeting is open to the public and will be conducted in acc orda nc e with th e provisions of Florida law for c ommu n i t y d eve lop m en t district s. A copy of the agenda for the meeting may be obtained from the District Manager, c/o Wrathell, Hunt and A ssociates, LLC, 2300 Glades Road, Suite 410W, Boca Raton, Florida ( District Office ). The at torney-client session, which is closed to the public, is being held pursuant to Section (8), Florida St atu te s. The following persons are anticipated to be in attendance at the attorneyclient session: Super visors: Vic to ria DiNa r d o, Elliot t Miller, Linda Viega s, John Nuzzo and Bill Klug; District Manag er : Chuc k Adams; District Counsel: Anthony P. Pires, Jr.; Special Counsel: Donovan Roper; and a court reporter. The attorney-client session is expec ted to la st approximately one hour, but may be terminated early or extend longer. The meeting will c ontinue af ter the at torney-client ses sion to consider the other business of the District. Any person requiring special ac c ommodation s bec aus e of a disabilit y or physical impairment should contact the Distric t Of fice at lea st for ty-eight (48) hours prior to the meeting. If you are hearing or speech impaired, plea se contact the Florida Relay Service by dialing 7-1 1, or (TT Y) / (Voice), for aid in contacting the District

7 FIDDLER S CREEK COMMUNITY DEVELOPMENT DISTRICT #2 11B

8 RESOLUTION THE ANNUAL APPROPRIATION RESOLUTION OF THE FIDDLER S CREEK COMMUNITY DEVELOPMENT DISTRICT #2 ( DISTRICT ) RELATING TO THE ANNUAL APPROPRIATIONS AND ADOPTING THE BUDGET FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2018, AND ENDING SEPTEMBER 30, 2019; AUTHORIZING BUDGET AMENDMENTS; AND PROVIDING AN EFFECTIVE DATE. WHEREAS, the District Manager has, prior to the fifteenth (15 th ) day in June, 2018, submitted to the Board of Supervisors ( Board ) a proposed budget for the next ensuing budget year along with an explanatory and complete financial plan for each fund of the District, pursuant to the provisions of Section (2)(a), Florida Statutes; and WHEREAS, at least sixty (60) days prior to the adoption of the proposed annual budget ( Proposed Budget ), the District filed a copy of the Proposed Budget with the local governing authorities having jurisdiction over the area included in the District pursuant to the provisions of Section (2)(b), Florida Statutes; and WHEREAS, the Board set 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, the District Manager posted the Proposed Budget on the District s website at least two days before the public hearing; and WHEREAS, Section (2)(a), Florida Statutes, requires that, prior to October 1 st 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, 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. NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE FIDDLER S CREEK COMMUNITY DEVELOPMENT DISTRICT #2: SECTION 1. BUDGET a. 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 Manager and at the District s Local Records Office, and hereby approves certain amendments thereto, as shown in Section 2 below. b. The District Manager s Proposed Budget, attached hereto as Exhibit A, as amended by the Board, is hereby adopted 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 1

9 be subsequently revised as deemed necessary by the District Manager to reflect actual revenues and expenditures. c. The adopted budget, as amended, shall be maintained in the office of the District Manager and at the District s Records Office and identified as The Budget for the Fiddler s Creek Community Development District #2 for the Fiscal Year Ending September 30, d. The final adopted budget shall be posted by the District Manager on the District s official website within thirty (30) days after adoption. SECTION 2. APPROPRIATIONS There is hereby appropriated out of the revenues of the Fiddler s Creek Community Development District #2, for the fiscal year beginning October 1, 2018, and ending September 30, 2019, the sum of $6,597,852 to be raised by the levy of 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 $ 2,609,203 DEBT SERVICE FUND, SERIES 2003 A/B $ 1,592,067 DEBT SERVICE FUND, SERIES 2004 $ 57,919 DEBT SERVICE FUND, SERIES 2005 $ 204,584 DEBT SERVICE FUND, SERIES $ 714,897 DEBT SERVICE FUND, SERIES $ 874,200 DEBT SERVICE FUND, SERIES 2015A-1 $ 307,872 DEBT SERVICE FUND, SERIES 2015A-2 $ 104,297 DEBT SERVICE FUND, SERIES 2015B $ 132,813 TOTAL ALL FUNDS $ 6,597,852 SECTION 3. BUDGET AMENDMENTS Pursuant to Section , Florida Statutes, the District at any time within the fiscal year or within 60 days following the end of the fiscal year may amend its budget for that fiscal year as follows: a. The Board may authorize an increase or decrease in line item appropriations within a fund by motion recorded in the minutes if the total appropriations of the fund do not increase. 2

10 b. The District Manager or Treasurer may authorize an increase or decrease in line item appropriations within a fund if the total appropriations of the fund do not increase and if the aggregate change in the original appropriation item does not exceed $10,000 or 10% of the original appropriation. c. By resolution, the Board may increase any appropriation item and/or fund to reflect receipt of any additional unbudgeted monies and make the corresponding change to appropriations or the unappropriated balance. d. Any other budget amendments shall be adopted by resolution and consistent with Florida law. The District Manager or Treasurer must establish administrative procedures to ensure that any budget amendments are in compliance with this Section 3 and Section of the Florida Statutes, among other applicable laws. Among other procedures, the District Manager or Treasurer must ensure that any amendments to budget under subparagraphs c. and d. above are posted on the District s website within 5 days after adoption. SECTION 4. EFFECTIVE DATE. This Resolution shall take effect immediately upon adoption. PASSED AND ADOPTED THIS DAY OF, ATTEST: FIDDLER S CREEK COMMUNITY DEVELOPMENT DISTRICT #2 Secretary/Assistant Secretary Chair/Vice Chair, Board of Supervisors 3

11 Exhibit A: Fiscal Year 2018/2019 Budget 4

12 FIDDLER'S CREEK COMMUNITY DEVELOPMENT DISTRICT #2 PROPOSED BUDGET FISCAL YEAR 2019 UPDATED: AUGUST 16, 2018

13 FIDDLER'S CREEK COMMUNITY DEVELOPMENT DISTRICT #2 TABLE OF CONTENTS Description General Fund Budget Definitions of General Fund Expenditures Debt Service Fund Budget - Series 2003 A/B Bonds Debt Service - Series 2003 A-2 Bonds - Debt Service Schedules Debt Service Fund Budget - Series 2004 Bonds Debt Service - Series 2004 Bonds - Debt Service Schedules Debt Service Fund Budget - Series 2005 Bonds Debt Service - Series 2005 Bonds - Amortization Schedule Debt Service Fund Budget - Series Bonds (exchanged Series 2005) Debt Service - Series Bonds - Debt Service Schedules Debt Service Fund Budget - Series Bonds (exchanged Series 2005) Debt Service - Series Bonds - Debt Service Schedules Debt Service Fund Budget - Series 2015A-1 Bonds Debt Service - Series 2015A-1 Bonds - Debt Service Schedules Debt Service Fund Budget - Series 2015A-2 Bonds Debt Service - Series 2015A-2 Bonds - Debt Service Schedules Debt Service Fund Budget - Series 2015B Bonds Debt Service - Series 2015B Bonds - Debt Service Schedules Fiscal Year Assessments Page Number(s)

14 FIDDLER'S CREEK COMMUNITY DEVELOPMENT DISTRICT #2 GENERAL FUND BUDGET FISCAL YEAR 2019 Fiscal Year 2018 Adopted Budget FY 2018 Actual through 3/31/18 Projected through 9/30/18 Total Revenue & Expenditures Proposed Budget FY 2019 REVENUES Assessment levy - gross $ 2,238,022 $ 2,606,307 Allowable discounts (4%) (89,521) (104,252) Assessment levy - net 2,148,501 $ 1,943,194 $ 205,307 $ 2,148,501 2,502,055 Assessment levy: off-roll 366, , , ,459 99,648 Interest & miscellaneous 7, ,770 8, ,770 7,500 Total revenues 2,522,460 2,432, ,892 2,819,730 2,609,203 EXPENDITURES Professional & administration Supervisors' fees 12,275 8,181 6,188 14,369 14,369 Management 84,662 42,330 42,332 84,662 84,662 Assessment roll preparation 22,500 22,500-22,500 22,500 Audit 16,500 10,300 6,200 16,500 16,500 Legal - general 15,000 10,552 7,000 17,552 17,500 Legal - litigation 140,000 3,890 75,000 78, ,000 Engineering 18,000 12,290 8,000 20,290 18,000 Telephone Postage 2,000 1, ,000 2,000 Insurance 9,207 8,446-8,446 8,868 Printing and binding Legal advertising 2,000 1, ,000 2,000 Office supplies and expenses Annual district filing fee Trustee 25,500 10,500 15,000 25,500 25,500 Arbitrage rebate calculation 8,000-8,000 8,000 8,000 Contingency 8, ,000 2,521 46,000 Total professional & Administration 365, , , , ,711 Field management Field management services 11,424 5,712 5,712 11,424 11,424 Total field management 11,424 5,712 5,712 11,424 11,424 Water management Other contractual 130,125 13, , , ,494 Fountains 137,500 97, , , ,500 Total water management 267, , , , ,994 Street lighting services Contractual services 20,000 5,022 10,000 15,022 20,000 Electricity 30,000 6,441 15,000 21,441 30,000 Miscellaneous 1,000-1,000 1,000 1,000 Total street lighting 51,000 11,463 26,000 37,463 51,000 1

15 FIDDLER'S CREEK COMMUNITY DEVELOPMENT DISTRICT #2 GENERAL FUND BUDGET FISCAL YEAR 2019 Adopted Budget FY 2018 Fiscal Year 2018 Actual through 3/31/18 Projected through 9/30/18 Total Revenue & Expenditures Proposed Budget FY 2019 Landscaping services Other contractual 1,109, , , ,140 1,109,000 Improvements and renovations 75,000 20,824 20,000 40,824 75,000 Contingencies 5, ,650 5,000 5,000 Hurricane clean up - 132, Total landscaping services 1,189, , , ,964 1,189,000 Access control services Contractual services 300, , , , ,489 Rental and leases 26,882-26,882 26,882 27,331 Fuel 5,752 2,790 2,962 5,752 7,198 Repair & maintenance - parts 3,319-3,319 3,319 3,374 Repair & maintenance - gate house 11,062 3,911 7,151 11,062 11,247 Insurance 3,982 3, ,982 4,049 Operating supplies 19,912 17,353 2,559 19,912 13,497 Utilities ,049 Clickers ,399 Capital Outlay 8,850-8,850 8,850 8,998 Total access control services 379, , , , ,631 Roadway services Contractual services (street sweeping) 5, ,215 5,000 5,000 Roadway maintenance 75,000 13,426 20,000 33,426 75,000 Total roadway services 80,000 14,211 24,215 38,426 80,000 Irrigation supply services Controller repairs and maintenance 2, ,882 2,000 2,000 Supply system 97,349 71,030 26,319 97, ,222 Total irrigation supply services 99,349 71,148 28,201 99, ,222 Other fees and charges Property appraiser 33,570-33,570 33,570 39,095 Tax collector 44,760 38,863 5,897 44,760 52,126 Total other fees and charges 78,330 38,863 39,467 78,330 91,221 Total expenditures 2,522, ,429 1,308,911 2,125,974 2,609,203 Excess/(deficiency) of revenues over/(under) expenditures - 1,483,409 (922,019) 693,756 - Fund balance - beginning (unaudited) 467, ,566 1,908, ,566 1,119,322 Fund balance - ending (projected) $ 467,097 $ 1,908,975 $ 986,956 $ 1,119,322 $ 1,119,322 Assessment Summary ERU's FY 18 Assessment FY19 Assessment Total Revenue On-Roll: other 1,500 1, , ,606,307 Off-Roll: Developer 62 1, , ,648 1,562 2

16 FIDDLER'S CREEK COMMUNITY DEVELOPMENT DISTRICT #2 DEFINITIONS OF GENERAL FUND EXPENDITURES EXPENDITURES Professional & administration Supervisors' fees $ 14,369 Statutory set at $200 (plus applicable taxes) for each meeting of the Board of Supervisors not to exceed $4,800 for each fiscal year. The District anticipates meeting 12 times. Management 84,662 Wrathell, Hunt and Associates, LLC specializes in managing community development districts in the State of Florida by combining the knowledge, skills and experiences of a team of professionals to ensure compliance with all governmental requirements of the District, develop financing programs, administer the issuance of tax exempt bond financings, and finally operate and maintain the assets of the community. Assessment roll preparation 22,500 Includes preparing, maintaining and transmitting the annual lien roll with annual special assessment amounts for capital and operating and maintenance assessments. Pursuant to an agreement with the District, AJC Associates, Inc., currently provides this service. Audit 16,500 The District is required to annually undertake an independent examination of its books, records and accounting procedures. This audit is conducted pursuant to Florida State Law and the Rules of the Auditor General. Legal - general 17,500 Woodward, Pires & Lombardo, P.A., provides on-going general counsel and legal representation. These lawyers are confronted with issues relating to public finance, public bidding, rulemaking, open meetings, public records, real property dedications, conveyances and contracts. In this capacity, they provide service as "local government lawyers," realizing that this type of local government is very limited in its scope - providing infrastructure and services to development. Legal - litigation 140,000 Tobin Reyes P.A, provides Special Counsel services to the CDD and is expected to continue to represent the CDD in its participation in a case against the former trustee for misuse of certain CDD trust estate funds and the Interpleader case involving the 2003 A and B Bonds. Covers representation as well as reimburseables. Engineering 18,000 Hole Montes, Inc., provides a broad array of engineering, consulting and construction services to the Districts, which assists in crafting solutions with sustainability for the long term interest of the community - recognizing the needs of government, the environment and maintenance of the District's facilities. Telephone 292 Telephone and fax machine. Postage 2,000 Mailing of agenda packages, overnight deliveries, correspondence, etc. Insurance 8,868 The District carries public officials liability and general liability insurance. The limit of liability for this coverage is set at $1,000,000 for general liability ($2,000,000 general aggregate) and $1,000,000 for public officials liability limit. Printing and binding 595 Letterhead, envelopes, copies, etc. 3

17 FIDDLER'S CREEK COMMUNITY DEVELOPMENT DISTRICT #2 DEFINITIONS OF GENERAL FUND EXPENDITURES EXPENDITURES (continued) Legal advertising 2,000 The District advertises in the Naples Daily News for monthly meetings, special meetings, public hearings, bidding, etc. Office supplies and expenses 750 Accounting and administrative supplies. Annual district filing fee 175 Annual fee paid to the Florida Department of Community Affairs. Trustee 25,500 Annual fee paid to Wilmington Trust for the services provided as trustee, paying agent and registrar. Arbitrage rebate calculation 8,000 To ensure the District's compliance with tax regulations, annual computations are necessary to calculate the arbitrage rebate liability. Contingency 46,000 Miscellaneous, unforeseen costs incurred throughout the year. Field management Field management services 11,424 The field manager is responsible for the day-to-day field operations. These responsibilities include preparing and bidding of services and commodities, contract administration, hiring and maintaining qualified personnel, preparation and implementation of operating schedules and policies, ensuring compliance with operating permits, preparing field budgets, being a resource regarding District programs and attending Board meetings. Water management Other contractual 147,494 The District has a contract with Lakemasters Aquatic Weed Control, Inc, for monthly service within the lake and wetland areas. Also the District will continue to participate in the financial cost of maintaining the 310 acre Belle Meade Preserve. This expense will be shared with CDD #1 at the same cost sharing ratio as used for Access Control and Irrigation Supply Services. Lake Maint. 65,000 Repairs 60,000 Belle Meade 22,494 Total 147,494 Fountains 127,500 These expenditures are for the decorative fountains at the entrance to Veneta, Aviamar and Oyster Harbor. Utilities (Electric/Water) 60,000 Maintenance 60,000 Insurance 7,500 4

18 FIDDLER'S CREEK COMMUNITY DEVELOPMENT DISTRICT #2 DEFINITIONS OF GENERAL FUND EXPENDITURES EXPENDITURES (continued) Street lighting services Contractual services 20,000 The District utilizes a licensed electrician for street light, signage and landscape lighting repairs. Electricity 30,000 The District is charged on a monthly basis per street light for electric service. Miscellaneous 1,000 Covers any unforeseen costs. Landscaping services Other contractual 1,109,000 This District contracts with an outside company to maintain the District common areas and right-of-ways. The District anticipates additional areas to come on line during the upcoming fiscal year within the Oyster Harbor neighborhood. The contract provides for equipment, labor and materials. Costs also include mulching, tree-trimming and on-call services. Maintenance contract 934,000 Mulch 75,000 Tree trimming 100,000 Improvements and renovations 75,000 Provides for the replacement and renovation of landscape material and irrigation systems. Contingencies 5,000 Covers any unforeseen costs. Access control services Contractual services 306,489 The District maintains a security contract with Fiddler's Creek Foundation, which provides labor and certain equipment for the access control services of the District at the Foundation's actual costs. The projected scheduled hours are 25,708 annually for 24/7 service at the main gate, to include an extra guard 4 hours a day, 5 days a week from October 1 thru May 31, a 24/7 roving patrol and 12/6 service at the Championship and Sandpiper Drive Gate. This category also covers the cost of hiring an off-duty sheriff's deputy twice a week during season and twice a month outside of season for traffic enforcement and patrolling. This program cost will be shared with Fiddler's Creek Community Development District #1 based upon the number of units. Rentals and leases 27,331 Includes the lease of a trailer to serve as a temporary guardhouse at Sandpiper/US 41. Also includes the annual maintenance agreement covering various access control equipment including keypad, access base, mega-arm etc. Security System 3,712 Temp Guardhouse Maintenance Agreement Patrol Vehicle 2,024 8,998 12,598 Fuel 7,198 This category covers the fuel costs for the vehicles utilized by the Department. Repairs and Maintenance - Parts 3,374 This category covers the maintenance costs for the vehicles utilized by the Department. 5

19 FIDDLER'S CREEK COMMUNITY DEVELOPMENT DISTRICT #2 DEFINITIONS OF GENERAL FUND EXPENDITURES EXPENDITURES (continued) Repairs and maintenance - gatehouse 11,247 This category covers the maintenance costs for the gatehouses. Insurance 4,049 This category covers the cost of insurance for the above mentioned vehicle and gatehouses. Operating supplies 13,497 Costs associated with miscellaneous supplies used during daily activities of the department. Includes office supplies, daily passes and the inclusion of transmitters for new residents. Also includes contract with ADT for security alarm monitoring in the Championship Drive guard house; fee is $ quarterly. Utilities 4,049 Costs associated with Sprint, Verizon, Comcast and Collier County Utilities. Clickers 5,399 Costs of "New Issue" gate remotes. Costs for "replacements" are charged at cost to the resident and revenue is reflected in miscellaneous income. Capital Outlay 8,998 The Districts installed enhanced camera systems at each of the community entry gates in fiscal year For fiscal year 2019 the Districts anticipate supplementing the newly installed system. Summary of Expenditures for Access Control Units Fiddler's Creek #1 1,910 55% Fiddler's Creek #2 1,562 45% Total 3, % Fiddler's #1 Fiddler's #2 Total Contractual Services 374, , ,262 Rentals and Leases 33,419 27,331 60,750 Fuel 8,802 7,198 16,000 Repairs and Maintenance - Parts 4,126 3,374 7,500 Repairs and Maintenance - Gatehouse 13,753 11,247 25,000 Insurance 4,951 4,049 9,000 Operating Supplies 16,503 13,497 30,000 Utilities 4,951 4,049 9,000 Clickers 6,601 5,399 12,000 Capital Outlay 11,002 8,998 20,000 Total 478, , ,512 Roadway services Contractual services (street sweeping) 5,000 The District utilizes the services of a sub-contractor for street sweeping, once a month. Roadway maintenance 75,000 This category covers the costs associated with minor repairs of the road, roadway signage and sidewalks as well as pressure washing all CDD owned sidewalks and curbs/gutters. 6

20 FIDDLER'S CREEK COMMUNITY DEVELOPMENT DISTRICT #2 DEFINITIONS OF GENERAL FUND EXPENDITURES EXPENDITURES (continued) Irrigation supply services Controller repairs and maintenance 2,000 The District maintains its common areas and right of ways irrigation controllers which includes electricity and occassional repairs and updates. Supply system 110,222 The District will maintain the community's irrigation pumping facility. This includes the well pumps, irrigation supply pumps and providing for secondary potable water supply in the event of an emergency. These costs are shared with Fiddler's Creek CDD #1 based upon units. The cost-sharing percentages are as follows: Units Fiddler's Creek #1 Fiddler's Creek #2 Total Summary of Expenditures for Supply System 1,910 55% 1,562 45% 3, % Fiddler's #1 Fiddler's #2 Total Electricity 44,009 35,991 80,000 Repairs and Maintenance 49,510 40,490 90,000 Contractual 38,508 31,492 70,000 Insurance 2,751 2,249 5,000 Total 134, , ,000 Other fees and charges Property appraiser The property appraiser charges 1.5% of the assessment levy. Tax collector The tax collector charges 2% of the assessment levy. Total expenditures 39,095 52,126 $ 2,609,203 7

21 FIDDLER'S CREEK COMMUNITY DEVELOPMENT DISTRICT #2 DEBT SERVICE FUND BUDGET - SERIES 2003 A/B BONDS FISCAL YEAR 2019 Fiscal Year 2018 Adopted Budget FY 2018 Actual through 3/31/18 Projected through 9/30/18 Total Revenue & Expenditures Proposed Budget FY 2019 REVENUES Assessment levy: on-roll - gross* $ 1,956,667 $ 1,684,599 Allowable discounts (4%) (78,267) (67,384) Assessment levy: on-roll - net 1,878,400 $ 1,600,297 $ 278,103 $ 1,878,400 1,617,215 Assessment prepayments - 1,286, ,311 1,399,542 - Interest - 66,089 66, ,089 - Total revenues 1,878,400 2,952, ,414 3,410,031 1,617,215 EXPENDITURES Debt service Principal A-2 580, , , ,000 Interest A 1,204,238-1,204,238 1,204,238 1,003,106 Total debt service 1,784,238-1,784,238 1,784,238 1,533,106 Other fees & charges Property appraiser 29,350-29,350 29,350 25,269 Legal fees - 4, Tax collector 39,133 31,909 7,224 39,133 33,692 Total other fees & charges 68,483 36,817 36,574 68,483 58,961 Total expenditures 1,852,721 36,817 1,820,812 1,852,721 1,592,067 Excess/(deficiency) of revenues over/(under) expenditures 25,679 2,915,800 (1,363,398) 1,557,310 25,148 Beginning fund balance (unaudited) 3,878,246 4,281,660 7,197,460 4,281,660 5,838,970 Ending fund balance (projected) $ 3,903,925 $ 7,197,460 $ 5,834,062 $ 5,838,970 $ 5,864,118 Use of fund balance Amount reserved for Series A prepayments (89,556) Amount reserved for Series B prepayments (3,029,705) Debt service reserve A account balance (required) (1,892,450) Debt service reserve B account balance (required) (421,549) Interest A-2 On-roll expense - November 1, 2019 (484,659) Projected fund balance surplus/(deficit) as of September 30, 2019 $ (53,801) *Maximum annual debt service is being collected on all assessed properties. Notes: 1. The FY 2019 Budget does not include adjustments for unauthorized trustee expenditures from the trust accounts (see Note 10 on the fiscal year 2016 and fiscal year 2017 audits). 8

22 Fiddler's Creek # 2 Community Development District Special Assessment Revenue Bonds, Series 2003 On-roll A-2 Debt Service Schedule Date Principal Coupon Interest Total P+I 11/01/ , /01/ , % 501, ,031, /01/ , , /01/ , % 484, ,049, /01/ , , /01/ , % 466, ,066, /01/ , , /01/ , % 447, ,087, /01/ , , /01/ , % 427, ,112, /01/ , , /01/ , % 405, ,135, /01/ , , /01/ , % 382, ,157, /01/ , , /01/ , % 357, ,182, /01/ , , /01/ , % 331, ,211, /01/ , , /01/ , % 302, ,242, /01/ , , /01/2029 1,000, % 273, ,273, /01/ , , /01/2030 1,065, % 241, ,306, /01/ , , /01/2031 1,140, % 207, ,347, /01/ , , /01/2032 1,215, % 170, ,385, /01/ , , /01/2033 1,295, % 132, ,427, /01/ , , /01/2034 1,380, % 90, ,470, /01/ , , /01/2035 1,470, % 46, ,516, Total $15,735, $10,536, $26,271,

23 FIDDLER'S CREEK COMMUNITY DEVELOPMENT DISTRICT #2 DEBT SERVICE FUND BUDGET - SERIES 2004 BONDS FISCAL YEAR 2019 Fiscal Year 2018 Adopted Budget FY 2018 Actual through 3/31/18 Projected through 9/30/18 Total Revenue & Expenditures Proposed Budget FY 2019 REVENUES Assessment levy: on-roll - gross $ 189,900 $ 69,100 Allowable discounts (4%) (7,596) (2,764) Assessment levy: on-roll - net 182,304 $ 103,075 $ 79,229 $ 182,304 66,336 Assessment prepayments - 550, ,740 - Interest - 3,552 3,500 7,052 - Total revenues 182, ,367 82, ,096 66,336 EXPENDITURES Debt service Principal 45,000-30,000 30,000 15,000 Principal prepayment - 670, ,000 1,225,000 - Interest 125,213 62,606 39, ,600 40,500 Total debt service 170, , ,994 1,357,600 55,500 Other fees & charges Property appraiser 2,849-2,849 2,849 1,037 Tax collector 3,798 2,029 1,769 3,798 1,382 Total other fees & charges 6,647 2,029 4,618 6,647 2,419 Total expenditures 176, , ,612 1,364,247 57,919 Excess/(deficiency) of revenues over/(under) expenditures 5,444 (77,268) (546,883) (624,151) 8,417 Beginning fund balance (unaudited) 336, , , , ,109 Ending fund balance (projected) $ 342,237 $ 879,992 $ 333,109 $ 333, ,526 Use of fund balance Debt service reserve account balance (required) (50,000) Interest expense - On-roll - November 1, 2019 (19,744) Projected fund balance surplus/(deficit) as of September 30, 2019 $ 271,782 10

24 Fiddler's Creek # 2 Community Development District Series 2004 Remaining Debt Service Schedule Date Principal Coupon Interest Total P+I 11/01/ , , /01/ , % 20, , /01/ , , /01/ , % 19, , /01/ , , /01/ , % 19, , /01/ , , /01/ , % 18, , /01/ , , /01/ , % 17, , /01/ , , /01/ , % 17, , /01/ , , /01/ , % 16, , /01/ , , /01/ , % 15, , /01/ , , /01/ , % 14, , /01/ , , /01/ , % 13, , /01/ , , /01/ , % 12, , /01/ , , /01/ , % 11, , /01/ , , /01/ , % 10, , /01/ , , /01/ , % 9, , /01/ , , /01/ , % 8, , /01/ , , /01/ , % 6, , /01/ , , /01/ , % 5, , /01/ , , /01/ , % 3, ,

25 FIDDLER'S CREEK COMMUNITY DEVELOPMENT DISTRICT #2 DEBT SERVICE FUND BUDGET - SERIES 2005 BONDS FISCAL YEAR 2019 Fiscal Year 2018 Adopted Budget FY 2018 Actual through 3/31/18 Projected through 9/30/18 Total Revenue & Expenditures Proposed Budget FY 2019 REVENUES Assessment levy: on-roll - gross $ 239,876 $ 222,376 Allowable discounts (4%) (9,595) (8,895) Assessment levy: on-roll - net 230,281 $ 199,371 $ 30,910 $ 230, ,481 Assessment prepayments - 35,718-35,718 - Interest income ,373 - Total revenues 230, ,762 31, , ,481 EXPENDITURES Debt service Principal 60,000-60,000 60,000 60,000 Principal prepayment ,000 35,000 - Interest 142,500 71,250 71, , ,800 Total debt service 202,500 71, , , ,800 Other fees & charges Property appraiser 3,598-3,598 3,598 3,336 Tax collector 4,798 3, ,798 4,448 Total other fees & charges 8,396 3,988 4,408 8,396 7,784 Total expenditures 210,896 75, , , ,584 Excess/(deficiency) of revenues over/(under) expenditures 19, ,524 (139,048) 21,476 8,897 Beginning fund balance (unaudited) 193, , , , ,615 Ending fund balance (projected) $ 212,734 $ 353,663 $ 214,615 $ 214, ,512 Use of fund balance Debt service reserve account balance (required) (50,000) Interest expense - On-roll - November 1, 2019 (66,600) Projected fund balance surplus/(deficit) as of September 30, 2019 $ 106,912 12

26 Fiddler's Creek # 2 Community Development District Series 2005 Remaining Debt Service Schedule Date Principal Coupon Interest Total P+I 11/01/ , , /01/ , % 68, , /01/ , , /01/ , % 66, , /01/ , , /01/ , % 64, , /01/ , , /01/ , % 62, , /01/ , , /01/ , % 60, , /01/ , , /01/ , % 58, , /01/ , , /01/ , % 55, , /01/ , , /01/ , % 53, , /01/ , , /01/ , % 50, , /01/ , , /01/ , % 47, , /01/ , , /01/ , % 44, , /01/ , , /01/ , % 40, , /01/ , , /01/ , % 37, , /01/ , , /01/ , % 33, , /01/ , , /01/ , % 29, , /01/ , , /01/ , % 25, , /01/ , , /01/ , % 21, , /01/ , , /01/ , % 16, , /01/ , , /01/ , % 11, , /01/ , , /01/ , % 5, , Total $2,280, $1,705, $3,985,

27 FIDDLER'S CREEK COMMUNITY DEVELOPMENT DISTRICT #2 DEBT SERVICE FUND BUDGET - SERIES (Exchanged Series 2005) FISCAL YEAR 2019 Fiscal Year 2018 Adopted Budget FY 2018 Actual through 3/31/18 Projected through 9/30/18 Total Revenue & Expenditures Proposed Budget FY 2019 REVENUES Assessment levy: on-roll - gross $ - $ 65,629 Allowable discounts (4%) - (2,625) Assessment levy: on-roll - net - $ - $ - $ - 63,004 Assessment levy: off-roll 709, , , ,893 Interest Total revenues 709, , , ,897 EXPENDITURES Debt service Principal 205, , , ,000 Interest 504, , , , ,600 Principal prepayment Total debt service 709, , , , ,600 Other fees & charges Property appraiser Tax collector , ,297 Total expenditures 709, , , , ,897 Excess/(deficiency) of revenues over/(under) expenditures - 457,783 (456,913) Beginning fund balance (unaudited) 107, , , , ,415 Ending fund balance (projected) $ 107,770 $ 558,164 $ 101,251 $ 659, ,415 Use of fund balance: Debt service reserve account balance (100,000) Interest expense - November 1, 2019 (239,700) Projected fund balance surplus/(deficit) as of September 30, 2019 $ 319,715 14

28 Fiddler's Creek # 2 Community Development District Special Assessment Bonds, Series Debt Service Schedule Date Principal Coupon Interest Total P+I 11/01/ , , /01/ , % 246, , /01/ , , /01/ , % 239, , /01/ , , /01/ , % 232, , /01/ , , /01/ , % 225, , /01/ , , /01/ , % 217, , /01/ , , /01/ , % 209, , /01/ , , /01/ , % 200, , /01/ , , /01/ , % 190, , /01/ , , /01/ , % 180, , /01/ , , /01/ , % 170, , /01/ , , /01/ , % 159, , /01/ , , /01/ , % 147, , /01/ , , /01/ , % 134, , /01/ , , /01/ , % 120, , /01/ , , /01/ , % 106, , /01/ , , /01/ , % 91, , /01/ , , /01/ , % 75, , /01/ , , /01/ , % 58, , /01/ , , /01/ , % 39, , /01/ , , /01/ , % 20, , Total $8,210, $6,132, $14,342,

29 FIDDLER'S CREEK COMMUNITY DEVELOPMENT DISTRICT #2 DEBT SERVICE FUND BUDGET - SERIES (Exchanged Series 2005) FISCAL YEAR 2019 Adopted Budget FY 2018 Fiscal Year 2018 Actual Projected through through 3/31/18 9/30/18 Total Revenue & Expenditures Proposed Budget FY 2019 REVENUES Assessment levy: off-roll $ 874,500 $ 813,868 $ 60,632 $ 874,500 $ 874,200 Interest Total revenues 874, ,918 60, , ,200 EXPENDITURES Debt service Principal 255, , , ,000 Interest 619, , , , ,200 Total expenditures 874, , , , ,200 Excess/(deficiency) of revenues over/(under) expenditures - 504,168 (504,068) Beginning fund balance (unaudited) , , ,374 Ending fund balance (projected) $ 2 $ 504,221 $ 153 $ 504, ,374 Use of fund balance: Debt service reserve account balance - Interest expense - November 1, 2019 (294,000) Projected fund balance surplus/(deficit) as of September 30, 2019 $ 210,374 16

30 Fiddler's Creek # 2 Community Development District Special Assessment Bonds, Series Debt Service Schedule Date Principal Coupon Interest Total P+I 11/01/ , , /01/ , % 302, , /01/ , , /01/ , % 294, , /01/ , , /01/ , % 285, , /01/ , , /01/ , % 276, , /01/ , , /01/ , % 266, , /01/ , , /01/ , % 256, , /01/ , , /01/ , % 245, , /01/ , , /01/ , % 234, , /01/ , , /01/ , % 221, , /01/ , , /01/ , % 208, , /01/ , , /01/ , % 195, , /01/ , , /01/ , % 180, , /01/ , , /01/ , % 164, , /01/ , , /01/ , % 148, , /01/ , , /01/ , % 130, , /01/ , , /01/ , % 112, , /01/ , , /01/ , % 92, , /01/ , , /01/ , % 71, , /01/ , , /01/ , % 48, , /01/ , , /01/ , % 25, , Total $10,070, $7,520, $17,590,

31 FIDDLER'S CREEK COMMUNITY DEVELOPMENT DISTRICT #2 DEBT SERVICE FUND BUDGET - SERIES 2015A-1 BONDS FISCAL YEAR 2019 Fiscal Year 2018 Adopted Budget FY 2018 Actual through 3/31/18 Projected through 9/30/18 Total Revenue & Expenditures Proposed Budget FY 2019 REVENUES Assessment levy: on-roll - gross $ 326,381 $ 219,219 Allowable discounts (4%) (13,055) (8,769) Assessment levy: on-roll - net 313,326 $ 221,616 $ 91,710 $ 313, ,450 Assessment levy: off-roll 69, , , ,598 Assessment prepayments - 351,824 92, ,263 - Interest - 2,385 2,500 4,885 - Total revenues 383, , , , ,048 EXPENDITURES Debt service Principal 80,000-70,000 70,000 65,000 Principal prepayment - 635, ,000 1,015,000 - Interest 297, , , , ,200 Total debt service 377, , ,425 1,364, ,200 Other fees & charges Property appraiser 4,896-4,896 4,896 3,288 Tax collector 6,528 4,388 2,140 6,528 4,384 Total other fees & charges 11,424 4,388 7,036 11,424 7,672 Total expenditures 389, , ,461 1,375, ,872 Excess/(deficiency) of revenues over/(under) expenditures (6,122) (108,940) (400,812) (509,752) 6,176 Beginning fund balance (unaudited) 348, , , , ,309 Ending fund balance (projected) $ 342,440 $ 887,121 $ 486,309 $ 486, ,485 Use of fund balance Debt service reserve account balance (required) (108,513) Interest expense - On-roll - November 1, 2019 (115,975) Projected fund balance surplus/(deficit) as of September 30, 2019 $ 267,997 18

32 Fiddler's Creek # 2 Community Development District Special Assessment Bonds, Series 2015A - 1 $6,050,000 Debt Service Schedule Date Principal Coupon Interest Total P+I 11/01/ , , /01/ , % 117, , /01/ , , /01/ , % 115, , /01/ , , /01/ , % 114, , /01/ , , /01/ , % 112, , /01/ , , /01/ , % 110, , /01/ , , /01/ , % 108, , /01/ , , /01/ , % 106, , /01/ , , /01/ , % 104, , /01/ , , /01/ , % 101, , /01/ , , /01/ , % 98, , /01/ , , /01/ , % 95, , /01/ , , /01/ , % 92, , /01/ , , /01/ , % 88, , /01/ , , /01/ , % 85, , /01/ , , /01/ , % 81, , /01/ , , /01/ , % 76, , /01/ , , /01/ , % 72, , /01/ , , /01/ , % 67, , /01/ , , /01/ , % 62, , /01/ , , /01/ , % 57, , /01/ , , /01/ , % 51, , /01/ , , /01/ , % 45, , /01/ , , /01/ , % 38, , /01/ , , /01/ , % 31, , /01/ , , /01/ , % 24, , /01/ , , /01/ , % 16, , /01/ , , /01/ , % 8, , Total $4,025, $4,174, $8,199,

33 FIDDLER'S CREEK COMMUNITY DEVELOPMENT DISTRICT #2 DEBT SERVICE FUND BUDGET - SERIES 2015A-2 BONDS FISCAL YEAR 2019 Fiscal Year 2018 Adopted Budget FY 2018 Actual through 3/31/18 Projected through 9/30/18 Total Revenue & Expenditures Proposed Budget FY 2019 REVENUES Assessment levy: on-roll - gross $ 108,738 $ 74,200 Allowable discounts (4%) (4,350) (2,968) Assessment levy: on-roll - net 104,388 $ 73,535 $ - $ 73,535 71,232 Assessment levy: off-roll 22,978 34,382 85, ,434 34,382 Assessment prepayments - 102,546 47, ,079 - Interest Total revenues 127, , , , ,614 EXPENDITURES Debt service Principal 40,000-35,000 35,000 35,000 Principal prepayment - 190, , ,000 - Interest 85,600 42,800 37,425 80,225 66,700 Total debt service 125, , , , ,700 Other fees & charges Property appraiser 1,631-1,631 1,631 1,113 Tax collector 2,175 1, ,175 1,484 Total other fees & charges 3,806 1,457 2,349 3,806 2,597 Total expenditures 129, , , , ,297 Excess/(deficiency) of revenues over/(under) expenditures (2,040) (23,108) (52,189) (75,297) 1,317 Beginning fund balance (unaudited) 110, , , , ,334 Ending fund balance (projected) $ 107,988 $ 265,523 $ 213,334 $ 213, ,651 Use of fund balance Debt service reserve account balance (required) (36,238) Interest expense - On-roll - November 1, 2019 (32,475) Projected fund balance surplus/(deficit) as of September 30, 2019 $ 145,938 20

34 Fiddler's Creek # 2 Community Development District Special Assessment Bonds, Series 2015A - 2 $1,810,000 Debt Service Schedule Date Principal Coupon Interest Total P+I 11/01/ , , /01/ , % 33, , /01/ , , /01/ , % 32, , /01/ , , /01/ , % 31, , /01/ , , /01/ , % 30, , /01/ , , /01/ , % 29, , /01/ , , /01/ , % 28, , /01/ , , /01/ , % 27, , /01/ , , /01/ , % 26, , /01/ , , /01/ , % 25, , /01/ , , /01/ , % 23, , /01/ , , /01/ , % 22, , /01/ , , /01/ , % 20, , /01/ , , /01/ , % 18, , /01/ , , /01/ , % 16, , /01/ , , /01/ , % 14, , /01/ , , /01/ , % 12, , /01/ , , /01/ , % 10, , /01/ , , /01/ , % 8, , /01/ , , /01/ , % 5, , /01/ , , /01/ , % 2, , Total $1,165, $845, $2,010,

35 FIDDLER'S CREEK COMMUNITY DEVELOPMENT DISTRICT #2 DEBT SERVICE FUND BUDGET - SERIES 2015B BONDS FISCAL YEAR 2019 Adopted Budget FY 2018 Fiscal Year 2018 Actual through 3/31/18 Projected through 9/30/18 Total Revenue & Expenditures Proposed Budget FY 2019 REVENUES Assessment levy: off-roll $ 235,313 $ 184,032 $ 51,281 $ 235,313 $ 132,813 Interest - 2,427 2,500 4,927 - Total revenues 235, ,459 53, , ,813 EXPENDITURES Debt service Principal prepayment - 1,640,000-1,640,000 - Interest 235, ,656 66, , ,813 Total expenditures 235,313 1,757,656 66,406 1,824, ,813 Excess/(deficiency) of revenues over/(under) expenditures - (1,571,197) (12,625) (1,583,822) - Beginning fund balance (unaudited) 232,673 1,825, ,626 1,825, ,001 Ending fund balance (projected) $ 232,673 $ 254,626 $ 242,001 $ 242, ,001 Use of fund balance Debt service reserve account balance (required) (184,844) Interest expense - On-roll - November 1, 2019 (66,406) Projected fund balance surplus/(deficit) as of September 30, 2019 $ (9,249) 22

36 Fiddler's Creek # 2 Community Development District Special Assessment Bonds, Series 2015B $5,915,000 Debt Service Schedule Date Principal Coupon Interest Total P+I 11/01/ , , /01/ , , /01/ , , /01/ , , /01/ , , /01/ , , /01/ , , /01/ , , /01/ , , /01/ , , /01/ , , /01/ , , /01/ , , /01/2025 2,125, % 66, ,191, Total $2,125, $929, $3,054,

37 Fiddler's Creek #2 Community Development District Fiscal Year Assessments Collier County 16 years remaining 2003 Series Bond Issue Outstanding Principal Residential Bond Debt Service O & M Total after Neighborhoods Designation Assessment Assessment Assessment tax payment Laguna Coach 1 $ 1, $ 1, $ 3, $ 13, Varenna Coach 2 $ 1, $ 1, $ 3, $ 15, Varenna II Coach 4 $ 2, $ 1, $ 4, $ 27, Marengo Coach 2 $ 1, $ 1, $ 3, $ 15, Marengo II Coach 4 $ 2, $ 1, $ 4, $ 27, Marengo III Single Fam $ 4, $ 1, $ 6, $ 40, Serena Coach 3 $ 2, $ 1, $ 3, $ 17, Serena II Coach 6 $ 2, $ 1, $ 4, $ 23, Serena III Coach 6 $ 2, $ 1, $ 4, $ 27, Sonoma Coach 3 $ 2, $ 1, $ 3, $ 17, Menaggio Coach 5 $ 2, $ 1, $ 3, $ 20, Menaggio II Coach 7 $ 2, $ 1, $ 4, $ 26, Menaggio III Coach 8 $ 3, $ 1, $ 5, $ 35, Millbrook (lots 1-9; 14-36) Patio 50 $ 3, $ 1, $ 5, $ 31, Millbrook II (lots 10-13) Patio 50 $ 5, $ 1, $ 6, $ 48, Chiasso Patio 65-1 $ 3, $ 1, $ 4, $ 26, Chiasso II Patio 65-2 $ 5, $ 1, $ 6, $ 46, Mussorie (lots 1-40) Patio 65-2 $ 5, $ 1, $ 6, $ 46, Lagomar REPLAT (lots 43-75) Patio 65-2 $ 5, $ 1, $ 7, $ 53, Amador I & II Patio 65-2 $ 5, $ 1, $ 6, $ 46, Fiscal Year Assessments Laguna Coach 1 $ 1, $ 1, $ 3, $ 13, Varenna Coach 2 $ 1, $ 1, $ 3, $ 16, Varenna II Coach 4 $ 2, $ 1, $ 4, $ 28, Marengo Coach 2 $ 1, $ 1, $ 3, $ 16, Marengo II Coach 4 $ 2, $ 1, $ 4, $ 28, Marengo III Single Fam $ 4, $ 1, $ 6, $ 41, Serena Coach 3 $ 2, $ 1, $ 3, $ 18, Serena II Coach 6 $ 2, $ 1, $ 4, $ 24, Serena III Coach 6 $ 2, $ 1, $ 4, $ 28, Sonoma Coach 3 $ 2, $ 1, $ 3, $ 18, Menaggio Coach 5 $ 2, $ 1, $ 3, $ 21, Menaggio II Coach 7 $ 2, $ 1, $ 4, $ 27, Menaggio III Coach 8 $ 3, $ 1, $ 5, $ 36, Millbrook (lots 1-9; 14-36) Patio 50 $ 3, $ 1, $ 5, $ 32, Millbrook II (lots 10-13) Patio 50 $ 5, $ 1, $ 6, $ 50, Chiasso Patio 65-1 $ 3, $ 1, $ 4, $ 27, Chiasso II Patio 65-2 $ 5, $ 1, $ 6, $ 48, Mussorie (lots 1-40) Patio 65-2 $ 5, $ 1, $ 6, $ 48, Lagomar REPLAT (lots 43-75) Patio 56-2 $ 5, $ 1, $ 7, $ 55, Amador I & II Patio 65-2 $ 5, $ 1, $ 6, $ 48,

38 Fiddler's Creek #2 Community Development District Fiscal Year Assessments Collier County 18 years remaining 2004 Series Bond Issue Outstanding Principal Residential Bond Debt Service O & M Total after Neighborhoods Designation Assessment Assessment Assessment tax payment Millbrook (lots 37-49) Patio 50 $ 3, $ 1, $ 5, $ 30, Mussorie (lots 41-54) Patio 65 $ 5, $ 1, $ 6, $ 49, Lagomar (lots 1-42) PAID IN FULL Patio 65 $ 5, $ 1, $ 6, $ - Fiscal Year Assessments Millbrook (lots 37-49) Patio 50 $ 3, $ 1, $ 5, $ 31, Mussorie (lots 41-54) Patio 65 $ 5, $ 1, $ 6, $ 49, Lagomar (lots 1-42) Patio 65 $ 5, $ 1, $ 6, $ 49, Fiddler's Creek #2 Community Development District Fiscal Year Assessments Collier County 19 years remaining 2005 Series Bond Issue Outstanding Principal Residential Bond Debt Service O & M Total after Neighborhoods Designation Assessment Assessment Assessment tax payment Callista Coach 1 $ 2, $ 1, $ 3, $ 18, Callista II Coach 2 $ 2, $ 1, $ 4, $ 29, Millbrook (lots 50-73) Patio 50 $ 3, $ 1, $ 5, $ 34, Fiscal Year Assessments Callista Coach 1 $ 2, $ 1, $ 3, $ 18, Callista II Coach 2 $ 2, $ 1, $ 4, $ 29, Millbrook (lots 50-54) Patio 50 $ 3, $ 1, $ 5, $ 35,

39 Fiddler's Creek #2 Community Development District Fiscal Year Assessments Collier County 18 years remaining Series Bond Issue Outstanding Principal Residential Bond Debt Service O & M Total after Neighborhoods Designation Assessment Assessment Assessment tax payment Lagomar REPLAT (Lots 76-77) PAID IN FULL Patio 65 $ 5, $ 1, $ 7, $ - Millbrook (lots 74-89) Patio 50 $ 3, $ 1, $ 5, $ 33, Dorado Multi Family $ 3, $ 1, $ 5, $ 32, Fiscal Year Assessments Lagomar REPLAT (Lots 76-77) Patio 65 $ 5, $ 1, $ 7, $ 55, Millbrook (lots 74-89) Patio 50 $ 3, $ 1, $ 5, $ 34, Dorado Multi Family $ 3, $ 1, $ 5, $ 33, Fiddler's Creek #2 Community Development District Fiscal Year Assessments Collier County 19 years remaining Series Bond Issue Outstanding Principal Residential Bond Debt Service O & M Total after Neighborhoods Designation Assessment Assessment Assessment tax payment Amaranda SOLD Patio 65 $ 2, $ 1, $ 4, $ 23, Callista Patio 65 $ 4, $ 1, $ 5, $ 41, Fiscal Year Assessments Amaranda UNSOLD Patio 65 $ 4, $ 1, $ 5, $ 43, Callista Patio 65 $ 4, $ 1, $ 5, $ 43,

40 Fiddler's Creek #2 Community Development District Fiscal Year Assessments Collier County 20 years remaining 2015A-1; A-2 Series Bond Issue Outstanding Principal Residential Bond Debt Service O & M Total after Neighborhoods Designation Assessment Assessment Assessment tax payment Oyster Harbor Torino 76' SF $2, $ 1, $4, $ 29, La Palma 62' SF $2, $ 1, $4, $ 29, Novelli 52' SF $1, $ 1, $3, $ 23, Corte 44' SF $1, $ 1, $3, $ 23, Fiscal Year Assessments Oyster Harbor Torino 76' SF $2, $ 1, $4, $ 30, La Palma 62' SF $2, $ 1, $4, $ 30, Novelli 52' SF $1, $ 1, $3, $ 24, Corte 44' SF $1, $ 1, $3, $ 24,

41 FIDDLER S CREEK COMMUNITY DEVELOPMENT DISTRICT #2 12

42 RESOLUTION A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE FIDDLER S CREEK COMMUNITY DEVELOPMENT DISTRICT #2 MAKING A DETERMINATION OF BENEFIT AND IMPOSING SPECIAL ASSESSMENTS FOR FISCAL YEAR 2018/2019; PROVIDING FOR THE COLLECTION AND ENFORCEMENT OF SPECIAL ASSESSMENTS; CERTIFYING AN ASSESSMENT ROLL; PROVIDING FOR AMENDMENTS TO THE ASSESSMENT ROLL; PROVIDING A SEVERABILITY CLAUSE; AND PROVIDING AN EFFECTIVE DATE. WHEREAS, the Fiddler s Creek Community Development District #2 ( District ) is a local unit of special-purpose government established pursuant to Chapter 190, Florida Statutes, for the purpose of providing, operating and maintaining infrastructure improvements, facilities and services to the lands within the District; and WHEREAS, the District is located in Collier County, Florida ( County ); and WHEREAS, the District has constructed or acquired various infrastructure improvements and provides certain services in accordance with the District s adopted capital improvement plan and Chapter 190, Florida Statutes; and WHEREAS, the Board of Supervisors of the District ( Board ) hereby determines to undertake various operations and maintenance and other activities described in the District s budget for Fiscal Year 2018/2019 ( Budget ), attached hereto as Exhibit A and incorporated by reference herein; and WHEREAS, the District must obtain sufficient funds to provide for the operation and maintenance of the services and facilities provided by the District as described in the District s Budget; and WHEREAS, the provision of such services, facilities, and operations is a benefit to lands within the District; and WHEREAS, Chapter 190, Florida Statutes, provides that the District may impose special assessments on benefitted lands within the District; and WHEREAS, it is in the best interests of the District to proceed with the imposition of the special assessments for operations and maintenance in the amount set forth in the Budget; and WHEREAS, the District has previously levied an assessment for debt service, which the District desires to collect for Fiscal Year 2018/2019; and 1

43 WHEREAS, Chapter 197, Florida Statutes, provides a mechanism pursuant to which such special assessments may be placed on the tax roll and collected by the local tax collector ( Uniform Method ), and the District has previously authorized the use of the Uniform Method by, among other things, entering into agreements with the Property Appraiser and Tax Collector of the County for that purpose; and WHEREAS, it is in the best interests of the District to adopt the Assessment Roll of the Fiddler s Creek Community Development District #2 ( Assessment Roll ) attached to this Resolution as Exhibit B and incorporated as a material part of this Resolution by this reference, and to certify the Assessment Roll to the County Tax Collector pursuant to the Uniform Method; and WHEREAS, it is in the best interests of the District to permit the District Manager to amend the Assessment Roll, certified to the County Tax Collector by this Resolution, as the Property Appraiser updates the property roll for the County, for such time as authorized by Florida law. NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE FIDDLER S CREEK COMMUNITY DEVELOPMENT DISTRICT #2: SECTION 1. BENEFIT. The Board hereby finds and determines that the provision of the services, facilities, and operations as described in Exhibit A confers a special and peculiar benefit to the lands within the District, which benefit exceeds or equals the cost of the assessments. The allocation of the assessments to the specially benefitted lands, as shown in Exhibits A and B, is hereby found to be fair and reasonable. SECTION 2. ASSESSMENT IMPOSITION. Pursuant to Chapter 190 of the Florida Statutes, and using the procedures authorized by Florida law for the levy and collection of special assessments, a special assessment for operation and maintenance is hereby imposed and levied on benefitted lands within the District, and in accordance with Exhibits A and B. The lien of the special assessments for operations and maintenance imposed and levied by this Resolution shall be effective upon passage of this Resolution. SECTION 3. COLLECTION. That the collection and enforcement of the aforesaid assessments on platted lots as shown in Exhibit A shall be by the Tax Collector serving as agent of the State of Florida in Collier County 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 under Chapters (3) and , Florida Statutes. Collection and enforcement of the aforesaid assessments on unplatted property as shown in Exhibit A shall be directly by the District and all collection and enforcement procedures available under Florida law shall be authorized and used, including, but not limited to, all procedures provided in applicable trust indentures. 50% of the annual off roll Debt Service Assessments applicable to interest expense shall be due and payable on or before October 25, 2018 with the remaining 50% of the Annual off roll Debt Service Assessments interest expense and 100% of the Annual off roll Debt Service principal expense being due and 2

44 payable on or before April 25, Annual off roll Operation and Maintenance Assessments shall be payable in 12 equal installments being due no later than the last day of the month in which they are billed for, with the first installment being due no later than October 31, SECTION 4. ASSESSMENT ROLL. The District's Assessment Roll, attached to this Resolution as Exhibit B, is hereby certified to the County Tax Collector and shall be collected by the County Tax Collector in the same manner and time as County taxes. The proceeds therefrom shall be paid to the Fiddler s Creek Community Development District #2. SECTION 5. ASSESSMENT ROLL AMENDMENT. The District Manager shall keep apprised of all updates made to the County property roll by the Property Appraiser after the date of this Resolution, and shall amend the District s Assessment Roll in accordance with any such updates, for such time as authorized by Florida law, to the County property roll. After any amendment of the Assessment Roll, the District Manager shall file the updates in the District records. SECTION 6. SEVERABILITY. The invalidity or unenforceability of any one or more provisions of this Resolution shall not affect the validity or enforceability of the remaining portions of this Resolution, or any part thereof. SECTION 7. EFFECTIVE DATE. This Resolution shall take effect upon the passage and adoption of this Resolution by the Board of Supervisors of the Fiddler s Creek Community Development District #2. PASSED AND ADOPTED this day of, ATTEST: FIDDLER S CREEK COMMUNITY DEVELOPMENT DISTRICT #2 Secretary/Assistant Secretary Chair/Vice Chair, Board of Supervisors 3

45 Exhibit A: FY 2018/2019 Budget 4

46 Exhibit B: Assessment Roll 5

47 FIDDLER S CREEK COMMUNITY DEVELOPMENT DISTRICT #2 13

48 RESOLUTION A RESOLUTION OF THE FIDDLER S CREEK COMMUNITY DEVELOPMENT DISTRICT #2 ADOPTING THE ANNUAL MEETING SCHEDULE FOR FISCAL YEAR 2018/2019 WHEREAS, the Fiddler s Creek Community Development District #2 ("District") is a local unit of special-purpose government organized and existing in accordance with Chapter 190, Florida Statutes, and situated entirely within Collier County, Florida; and WHEREAS, the District is required by Florida law to prepare an annual schedule of its regular public meetings which designates the date, time and location of the District s meetings; and WHEREAS, the Board has proposed the Fiscal Year 2018/2019 annual meeting schedule as attached in Exhibit A; NOW, THEREFORE BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE FIDDLER S CREEK COMMUNITY DEVELOPMENT DISTRICT #2 1. The Fiscal Year 2018/2019 annual public meeting schedule attached hereto and incorporated by reference herein as Exhibit A is hereby approved and will be published and filed in accordance with the requirements of Florida law. 2. The District Manager is hereby directed to submit a copy of the Fiscal Year 2018/2019 annual public meeting schedule to Collier County and the Department of Economic Opportunity. 3. This Resolution shall become effective immediately upon its adoption. PASSED AND ADOPTED this day of, ATTEST: FIDDLER S CREEK COMMUNITY DEVELOPMENT DISTRICT #2 Secretary/Assistant Secretary Chair/Vice Chair, Board of Supervisors

49 Exhibit A FISCAL YEAR 2018/2019 MEETING SCHEDULE DATE TIME POTENTIAL DISCUSSION FOCUS 1 Wednesday, October 24, :00 A.M. Regular Meeting 2 Wednesday, November 14, :00 A.M. Regular Meeting 3 Wednesday, December 5, :00 A.M. Regular Meeting 4 Wednesday, January 23, :00 A.M. Regular Meeting 5 Wednesday, February 27, :00 A.M. Regular Meeting 6 Wednesday, March 27, :00 A.M. Regular Meeting 7 Wednesday, April 24, :00 A.M. Regular Meeting 8 Wednesday, May 22, :00 A.M. Approve Fiscal Year 2019/2020 Proposed Budget Accept Fiscal Year 2018 Audited Financial Report 9 Wednesday, June 26, :00 A.M. Regular Meeting 10 Wednesday, July 24, :00 A.M. Regular Meeting 11 Wednesday, August 28, :00 A.M. Adopt Fiscal Year 2019/2020 Final Budget 12 Wednesday, September 25, :00 A.M. Regular Meeting Meeting Location: Fiddler s Creek Club and Spa, 3470 Club Center Boulevard, Naples, Florida 34114

50 FIDDLER S CREEK COMMUNITY DEVELOPMENT DISTRICT #2 14

51 Parcel Number: NON-DISTURBANCE AND ENCROACHMENT AGREEMENT [OYSTER HARBOR AT FIDDLER'S CREEK PHASE 1, LOT 94] WHEREAS, DINESH GOVIL AND MITHLESH GOVIL ( Owner ), is/are the owner of that certain real property more particularly described as OYSTER HARBOR AT FIDDLER S CREEK PHASE 1, LOT 94, according to the plat thereof recorded at Plat Book 57, Pages 47-52, inclusive of the Public Records, Collier County, Florida (the Property ); and WHEREAS, the FIDDLER'S CREEK COMMUNITY DEVELOPMENT DISTRICT #2 ( District ), whose mailing address is c/o Anthony P. Pires, Jr., Woodward, Pires & Lombardo, P.A., 3200 North Tamiami Trail, Suite 200, Naples, Florida, 34103, is the Grantee/Holder ("Grantee") of the drainage easements ("D.E.") depicted and described on the plat of OYSTER HARBOR AT FIDDLER S CREEK PHASE 1 according to the plat thereof recorded at Plat Book 57, Pages 47-52, inclusive of the Public Records, Collier County, Florida (the "Plat") by virtue of the Plat; and, WHEREAS, the Property is encumbered by a D.E. in favor of the District (the FCDDD Easement ); and, WHEREAS, Owner has requested permission to encroach upon the FCCDD Easement in order to install an automatic transfer switch and a standby generator mounted to an engineered hurricane rated pad (the "Improvements"; depicted on the attached Exhibit "A") in a portion of said FCCDD Easement, to which District has agreed, subject to the terms and conditions hereof; and WHEREAS, Owner has requested permission to encroach upon the FCCDD Easement in order to construct a home (the "Improvements"; depicted on the attached Exhibit "A") in a portion of said FCCDD Easement, to which District has agreed, subject to the terms and conditions hereof; and WHEREAS, the encroachment is limited to the automatic transfer switch and standby generator mounted to an engineered hurricane rated pad (the Encroachment ), as described on the attached Exhibit B ); and WHEREAS, District does not release any FCCDD Easement ownership or other rights it has in and to the FCCDD Easement. NOW, THEREFORE, the parties agree as follows: 1. The above recitals are true and correct and incorporated herein by reference. 2. District hereby acknowledges and agrees for itself, its successors and assigns, that, subject to the conditions, terms and limitations herein contained and as noted on the attached Exhibits "A" and B : it will not exercise its rights to require removal of the Improvements; and, it will authorize the construction and placement of the Improvements in the FCCDD Easement, as described and depicted on the attached Exhibits "A" and "B"; while retaining its rights as outlined herein; and, in the event, once constructed, such Improvements are damaged or destroyed, any similar replacement improvements (provided such replacement improvements do not expand or extend any encroachment any further in, on, under or into the FCCDD Easement), subject to the Owner s compliance with the terms hereof. Owner shall obtain all permits and approvals of all appropriate governmental agencies. 3. Except as provided in Paragraph 2, above, Owner agrees not to further encroach upon District s FCCDD Easement. 4. The Owner warrants and represents that the Improvements will not interfere with the District's use of the FCCDD Easement nor inconvenience the District in the District's use of the FCCDD 1

52 Easement. In the event that the District damages the Improvements in connection with carrying out its maintenance responsibilities within the FCCDD Easement, Owner agrees to hold the District harmless from and against all losses, claims, suits, expenses, damages, liabilities, costs, fees (including attorneys fees and costs) and charges, including but not limited to damages caused to the Improvements and all of the facilities located within the FCCDD Easement, (collectively "Damages") to the extent that such Damages would not have been incurred but for the Encroachment. 5. If requested by District, Owner does hereby agree to reimburse District for all reasonable attorney s fees and engineering fees incurred incident to the preparation and execution of this Agreement. 6. Owner, its successors and assigns, hereby agree to and does indemnify and hold harmless the District, its elected and appointed officers, employees and/or agents, from any and all claims, loss, cost, expense and/or suits whatsoever for Damages to property and/or injuries to persons, including death, and from all actions, judgments, court costs, attorney fees, fees of experts and witnesses, and from all other direct and/or related expenses arising out of the construction, installation, use, existence, maintenance, repair, relocation and/or removal of the above described Improvements, except to the extent attributable to the negligence or wrongful intentional acts of the District or its agents not authorized by this Agreement. 7. This Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective successors and/or assigns. IN WITNESS WHEREOF, the undersigned have duly executed and delivered this Agreement on this day of, WITNESSES [Sign, Witness #1] Dinesh Govil, individually [Print, Witness #1] [Sign, Witness #2] Mithlesh Govil, individually [Print, Witness #2] STATE OF COLLIER COUNTY OF FLORIDA The foregoing Non-Disturbance and Encroachment Agreement was acknowledged before me this day of, 2018, by DINESH GOVIL, individually, who is personally known to me or has produced as identification. Signature of Notary Public Name of Notary Printed, Typed or Stamped My Commission Expires: 2

53 STATE OF COLLIER COUNTY OF FLORIDA The foregoing Non-Disturbance and Encroachment Agreement was acknowledged before me this day of, 2018, by MITHLESH GOVIL, individually, who is personally known to me or has produced as identification. Signature of Notary Public Name of Notary Printed, Typed or Stamped My Commission Expires: ATTEST: By: FIDDLER'S CREEK COMMUNITY DEVELOPMENT DISTRICT #2 By: Elliot Miller, its Chairman STATE OF FLORIDA COUNTY OF COLLIER The foregoing Non-Disturbance and Encroachment Agreement was acknowledged before me this day of, 2018, by, as, on behalf of the Fiddler's Creek Community Development District #2 who is personally known to me or has produced as identification. Signature of Notary Public Name of Notary Printed, Typed or Stamped 3

54 EXHIBIT A TO NON-DISTURBANCE AND ENCROACHMENT AGREEMENT 4