Agenda Page 2 University Place Community Development District Severn Trent Services, Management Services Division 210 North University Drive, Suite 70

Transcription

1 Agenda Page 1 UNIVERSITY PLACE COMMUNITY DEVELOPMENT DISTRICT AGENDA PACKAGE DECEMBER 6, 2017

2 Agenda Page 2 University Place Community Development District Severn Trent Services, Management Services Division 210 North University Drive, Suite 702 Coral Springs, Florida Telephone: (954) Fax: (954) UniversityPlacecdd.org November 29, 2017 Board of Supervisors University Place Community Development District Dear Board Members: The regular meeting of the Board of Supervisors of the University Place Community Development District will be held Wednesday December 6, 2017 at 3:30 p.m. in the Community Room; Northern Trust Bank, located at 6320 Venture Drive; Lakewood Ranch, Florida Following is the advance agenda for the meeting: 1. Call to Order and Roll Call 2. Public Comment on Agenda Items 3. Approval of the Consent Agenda A. Minutes of the October 25, 2017 Meeting B. Financial Statements, Check Registers as of October 31, District Manager s Report A. Discussion of Follow-up Items B. Consideration of Audit Engagement Letter with Grau and Associates for Fiscal Year 2017 Audit 5. Old Business 6. Staff Reports A. Attorney B. Engineer 7. Supervisor Requests & Comments 8. Public Comment Period 9. Adjournment All supporting documentation is enclosed or will be distributed at the meeting. The balance of the agenda is routine in nature and will be discussed at the meeting. I look forward to seeing you at the meeting and in the meantime if you have any questions, please contact me. Sincerely, Robert Nanni Robert Nanni District Manager cc: Andrew Cohen Lynn Jackson Jack Knowlton Joel McGee

3 Third Order of Business Agenda Page 3

4 3A. Agenda Page 4

5 Agenda Page MINUTES OF MEETING UNIVERSITY PLACE COMMUNITY DEVELOPMENT DISTRICT The regular meeting of the Board of Supervisors of the University Place Community Development District was held Wednesday, October 25, 2017 at 3:30 p.m. in the Community Room of the Northern Trust Bank, located at 6320 Venture Drive, Lakewood Ranch, Florida Present and constituting a quorum were: Richard Romanoff, Jr. Chairman Frank Ingrassia Vice Chairman Jane Lange Assistant Secretary Victoria Kahle Assistant Secretary Armand Houze Assistant Secretary Also present were: Lynn Jackson Operations Manager Darryl Steiner Forest Creek CDD John Pigaga Forest Creek CDD Numerous Residents The following is a summary of the discussions and actions taken at the October 25, 2017 University Place Community Development District s Board of Supervisors of Meeting. FIRST ORDER OF BUSINESS Call to Order and Roll Call Mr. Romanoff called the meeting to order at 3:35 p.m. Supervisors and staff introduced themselves. SECOND ORDER OF BUSINESS Public Comment on Agenda Items There being none the next item followed. THIRD ORDER OF BUSINESS Approval of the Consent Agenda A. Minutes of the September 27, 2017 Meeting B. Financial Statements, Check Run Summary and Invoices as of September 30, 2017 C. Motion to Assign Fund Balance Mr. Ingrassia reviewed the fund balance with the Board. UNAPPROVED

6 October 25, 2017 Agenda Page 6 University Place CDD On MOTION by Mr. Romanoff seconded by Mr. Ingrassia with all in favor, the consent agenda was approved. FOURTH ORDER OF BUSINESS District Manager s Report A. Discussion of Follow-up Items Ms. Lynn Jackson presented Mr. Nanni s report. Perimeter fence inspection. Ms. Jackson indicated she has been trying to locate a fence estimator as the current fence company Gate Pros is out six to eight weeks. She has contacted H and Y who are out for 13 weeks and Florida Fence, the earliest they are available is November 15 th. Ms. Jackson indicated the week of November 27 th she will be able to get an estimator and there is an additional six to eight weeks wait period for repair. Towing The towing company is on hold until they receive feedback from the HOA. Members of the HOA who were present indicated they were not doing anything at the moment as they are waiting on signage. Discussion ensued regarding the sign and whether it is a general sign or an FDOT sign. The Board indicated the districts engineer had indicated an FDOT sign is needed. The HOA has agreed to pay for $200 worth of signs and place them where the CDD indicates. Discussion ensued regarding putting up the signs since neither the HOA or CDD want to tow. The Board decided to purchase a total of 15 to 20 signs, 12 x 12 in size at a cost of approximately $50 a sign. Mr. Ingrassia requested they get a proposal to get a final cost for the signs. On MOTION by Mr. Ingrassia seconded by Mr. Houze with all in favor, authorizing Lynn Jackson to work with Stephanie from the HOA to order no parking on this side of the street signs a total of 15 to 20 signs with contribution of $200 from the HOA in the amount of not to exceed $500 by the CDD was approved. Gate Equipment UNAPPROVED 2

7 October 25, 2017 Agenda Page 7 University Place CDD Mr. Romanoff questioned whether a date had been provided for the installation of the gate equipment. He was informed no, but Ms. Jackson will follow-up. Road Pavement Discussion ensued regarding the resealing of the roads. Mr. Romanoff indicated a bid was received from Driveway Maintenance for $59,672 to seal the roads. Mr. Romanoff did not have an opportunity to review the entire proposal to ensure all that they required is within the proposal. He mentioned they had received an estimate from another company, Whitaker Contracting with the new process and procedure which was substantially more money but was represented as being a far superior process. Currently the Board does not have a recommendation from the Districts engineer regarding the bids presented. The discussion on the roads have been tabled for the next meeting as a they would like to get a report comparing the products and have the district engineer present at the next meeting for further discussion. Landscaping Mr. Houze and Ms. Jackson went on a landscaping walk last week with Sandy from the HOA and Tom from TLC and discussed the rings around the oak trees. Ms. Jackson made a couple of phone calls to see which company provides maintenance for rings around the oak trees. TLC suggested Biological as a company who provides the requested service. Discussion of the issues with the size of mulch rings around the oak trees ensued. Mr. Houze will look into this issue further and obtain bids and TLC to find out how much of the cost they will share. He will present his findings to the Board. Reserves Advisors The CDD is ready to move on this and have picked a reserve advisory company along with the HOA, Reserve Advisors Inc., a company they have jointly used in the past. They are moving forward with the Reserve Advisors and this study will be done in January Fence UNAPPROVED 3

8 October 25, 2017 Agenda Page 8 University Place CDD Discussion ensued regarding replacing the Holly on both sides of the monument because it is so difficult, planting dwarf orange Xora was discussed. The discussion arose regarding the insurance and apparently they have been unsuccessful obtaining information about the driver who caused the damage. They will look to Envera to obtain the drivers license plate information. Envera provided continuing education to the Board on security. Paver Re-sealer Project Ms. Jackson contacted Besterman Pavers and they indicated the person doing the pressure washing of the pavers has to do the sealing of the pavers as it has to be the same company. They have to pressure wash and seal at the same time. The Board requests that Besterman Pavers provide a bid and a timeframe. An additional bid will be obtained and the Board will be able to select the correct price and the soonest timeframe. Website Updating Mr. Romanoff indicates it is his understanding that this is done. However, Ms. Lange indicated at the last Board meeting she was asked to update the white paper in Interfacing presented by Tami and when she checked the website it was not posted yet. The completed items are: Meeting dates Updated engineer report Maps Mr. Romanoff indicated there was a new item on the list from the workshop about aligning the lights on the monuments. Ms. Jackson contacted Roger to ensure he aligns the lights at the monuments and fixes the fence breaches. Ms. Jackson informed the Board the holiday decorations are scheduled and should be up before Thanksgiving. Ms. Jackson indicated there was a question asked about the gate if we still had Frontier/Spectrum because they had a power outage. Frontier is their main cable provider for the gate and they have a backup with Spectrum but this was at the back gate. UNAPPROVED 4

9 October 25, 2017 Agenda Page 9 University Place CDD Discussion ensued regarding receipt of s for various items sent to the Board. Only certain Board members are copied on various s from S-T. It was suggested to send the to all the Board members so that all are informed at the same time, and none left out of the loop. Ms. Lange asked if it is possible for Ms. Jackson to provide a list on the yearly calendar for every work project and bid they go out for on a month to month basis. As well she would also like to be listed on the calendar the expirations of contracts to ensure renewals and bids are done in a timely manner. Ms. Jackson will provide an updated UP calendar at the next meeting. FIFTH ORDER OF BUSINESS Old Business There being none, the next item followed. SIXTH ORDER OF BUSINESS Staff Reports A. Attorney There being none, the next item followed. B. Engineer There being none, the next item followed. SEVENTH ORDER OF BUSINESS Supervisor Requests & Comments Mr. Romanoff discussed the received from the HOA regarding the Honore traffic impact of the zoning coming before the Manatee Commissioners next month in regards to the building of up to 1204 new homes near the reservoir along Honore Avenue. He questioned if anyone had an opinion on this, though he was unsure whether they could speak for the entire community or write a letter as the Board. Ms. Lange wondered what type of impact the petition would have and whether it would be presented. This petition piggybacked off another request from another community that will be presenting some information. Mr. Romanoff indicated maybe the District might like to entertain a resolution in support of the HOA s opposition to this project. Mr. Romanoff MOVED seconded by Ms. Lange to approve the University Place CDD offer to support the HOA and its representative Terry Williams in opposition of the proposed development. UNAPPROVED 5

10 October 25, 2017 Agenda Page 10 University Place CDD On VOICE vote with Mr. Romanoff, Mr. Ingrassia, Ms. Lange and Ms. Kahle voting Aye and Mr. Houze voting Nay, the University Place CDD offer to support the HOA and its representative Mr. Terry Williams in opposition of the proposed development was approved. The gates will be closed for Halloween allowing time for local children within the community. The next workshop is scheduled for November 15, 2017 and the next CDD meeting is scheduled for December 6, EIGTH ORDER OF BUSINESS Public Comment Period Residents provided comments to the Board. Discussion ensued regarding the storm drain. NINTH ORDER OF BUSINESS Adjournment There being no further discussion, On MOTION by Ms. Lange seconded by Mr. Ingrassia with all in favor, this meeting adjourned. Robert Nanni Richard Romanoff, Jr. Secretary/Assistant Secretary Chairman UNAPPROVED 6

11 3B. Agenda Page 11

12 Agenda Page 12 UNIVERSITY PLACE Community Development District Financial Report October 31, 2017 Prepared by

13 UNIVERSITY PLACE Community Development District Agenda Page 13 Table of Contents FINANCIAL STATEMENTS Balance Sheet - All Funds. Page 1 Statement of Revenues, Expenditures and Changes in Fund Balance General Fund. Page 2-3 Debt Service Fund. Page 4 SUPPORTING SCHEDULES Trend Report. Page 5-7 Cash and Investment Report. Page 8 Bank Reconciliation. Page 9 Check Register. Page 10-11

14 Agenda Page 14 UNIVERSITY PLACE Community Development District Financial Statements (Unaudited) October 31, 2017

15 UNIVERSITY PLACE Community Development District Agenda Page 15 Governmental Funds Balance Sheet October 31, 2017 ACCOUNT DESCRIPTION GENERAL FUND DEBT SERVICE FUND TOTAL ASSETS Cash - Checking Account $ 106,608 $ - $ 106,608 Cash On Hand/Petty Cash Assessments Receivable 2,535 1,279 3,814 Allow-Doubtful Collections (2,535) (1,279) (3,814) Due From Other Funds - 1,313 1,313 Investments: Certificates of Deposit - 12 Months 455, ,291 Money Market Account 732, ,888 Redemption Fund - 2,851 2,851 Reserve Fund - 71,524 71,524 Revenue Fund - 120, ,846 Deposits TOTAL ASSETS $ 1,295,287 $ 196,534 $ 1,491,821 LIABILITIES Accounts Payable $ 13,517 $ - $ 13,517 Accrued Expenses 6,156-6,156 Due To Other Funds 1,313-1,313 TOTAL LIABILITIES 20,986-20,986 FUND BALANCES Nonspendable: Deposits Restricted for: Debt Service - 196, ,534 Assigned to: Operating Reserves 166, ,506 Reserves - Culverts 29,906-29,906 Reserves - Fence/Monuments 136, ,486 Reserves - Gate 58,196-58,196 Reserves- Irrigation System 177, ,016 Reserves - Ponds 81,890-81,890 Reserves - Roadways 559, ,710 Reserves - Streetlights 14,626-14,626 Unassigned: 49,765-49,765 TOTAL FUND BALANCES $ 1,274,301 $ 196,534 $ 1,470,835 TOTAL LIABILITIES & FUND BALANCES $ 1,295,287 $ 196,534 $ 1,491,821 Report Date: 11/26/2017 Page 1

16 UNIVERSITY PLACE Community Development District Agenda Page 16 General Fund Statement of Revenues, Expenditures and Changes in Fund Balances For the Period Ending October 31, 2017 ANNUAL YTD ACTUAL ADOPTED YEAR TO DATE YEAR TO DATE VARIANCE ($) AS A %OF ACCOUNT DESCRIPTION BUDGET BUDGET ACTUAL FAV(UNFAV) ADOPTED BUD REVENUES Interest - Investments $ 3,000 $ 250 $ 435 $ % Special Assmnts- Tax Collector 735, % Special Assmnts- Discounts (29,430) % TOTAL REVENUES 709, % EXPENDITURES Administration P/R-Board of Supervisors 20,000 2,000 1,000 1, % FICA Taxes 1, % ProfServ-Engineering 7, % ProfServ-Field Management 6, % ProfServ-Legal Services 6, % ProfServ-Mgmt Consulting Serv 46,400 3,600 3, % ProfServ-Property Appraiser 11, % ProfServ-Tax Collector 11, % Auditing Services 6, % Postage and Freight (3) 9.00% Insurance - General Liability 7,986 7,986 7, % Printing and Binding % Legal Advertising 2, % Miscellaneous Services 1, % Reserve Study 4, % Office Supplies % Annual District Filing Fee % Total Administration 133,063 15,814 13,114 2, % Other Public Safety Contracts-Security Services 75,204 6,267 5, % Contracts-Roving Patrol 9, % Electricity - Entrance 7, % Utility - Water & Sewer % Insurance - Property % R&M-Gatehouse 6, (69) 9.48% Reserve - Gate 6, % Total Other Public Safety 105,366 8,751 7,430 1, % Landscape Services Contracts-Landscape 77,842 6,487 6, % R&M-General 3, % R&M-Renewal and Replacement 20, % R&M-Streetlights 2, % R&M-Wetland 1, % Reserve - Culverts 3, % Reserve - Ponds 9, % Total Landscape Services 116,670 6,487 6, % Report Date: 11/26/2017 Page 2

17 UNIVERSITY PLACE Community Development District Agenda Page 17 General Fund Statement of Revenues, Expenditures and Changes in Fund Balances For the Period Ending October 31, 2017 ANNUAL YTD ACTUAL ADOPTED YEAR TO DATE YEAR TO DATE VARIANCE ($) AS A %OF ACCOUNT DESCRIPTION BUDGET BUDGET ACTUAL FAV(UNFAV) ADOPTED BUD Irrigation Services Payroll-Irrigation Staff 6, % Payroll - Bonus % FICA Taxes % Workers' Compensation % Contracts-Irrigation 80,070 6,673 6, % Utility - Irrigation 30,000 2,500 1, % Insurance - Property 1,971 1,971 1, % R&M-Irrigation 35,000 2,917 5,322 (2,405) 15.21% R&M-Pump Station 30,000 2,500 7,172 (4,672) 23.91% Reserve - Irrigation System 20, % Total Irrigation Services 206,549 17,121 23,018 (5,897) 11.14% Road and Street Facilities R&M-Roads & Alleyways 2, % R&M-Street Sweeping 1, % Reserve - Roadways 88, % Reserve - Streetlights 1, % Total Road and Street Facilities 94, % Common Area R&M-General 33,600 2,800 13,890 (11,090) 41.34% Misc-Holiday Decor 4, % Reserve - Fence/Monuments 16, % Total Common Area 53,631 2,800 13,890 (11,090) 25.90% TOTAL EXPENDITURES 709,313 50,973 63,939 (12,966) 9.01% Excess (deficiency) of revenues Over (under) expenditures - (50,723) (63,504) (12,781) 0.00% Net change in fund balance $ - $ (50,723) $ (63,504) $ (12,781) 0.00% FUND BALANCE, BEGINNING (OCT 1, 2017) 1,337,805 1,337,805 1,337,805 FUND BALANCE, ENDING $ 1,337,805 $ 1,287,082 $ 1,274,301 Report Date: 11/26/2017 Page 3

18 UNIVERSITY PLACE Community Development District Agenda Page Debt Service Fund Statement of Revenues, Expenditures and Changes in Fund Balances For the Period Ending October 31, 2017 ANNUAL YTD ACTUAL ADOPTED YEAR TO DATE YEAR TO DATE VARIANCE ($) AS A %OF ACCOUNT DESCRIPTION BUDGET BUDGET ACTUAL FAV(UNFAV) ADOPTED BUD REVENUES Interest - Investments $ 100 $ 8 $ 33 $ % Special Assmnts- Tax Collector 312, % Special Assmnts- Discounts (12,499) % TOTAL REVENUES 300, % EXPENDITURES Administration ProfServ-Arbitrage Rebate % ProfServ-Dissemination Agent 1, % ProfServ-Property Appraiser 4, % ProfServ-Tax Collector 4, % ProfServ-Trustee Fees 6, % Total Administration 17, % Debt Service Principal Debt Retirement 130, % Interest Expense 161, % Total Debt Service 291, % TOTAL EXPENDITURES 309, % Excess (deficiency) of revenues Over (under) expenditures (9,347) % OTHER FINANCING SOURCES (USES) Contribution to (Use of) Fund Balance (9,347) % TOTAL FINANCING SOURCES (USES) (9,347) % Net change in fund balance $ (9,347) $ 8 $ 33 $ % FUND BALANCE, BEGINNING (OCT 1, 2016) 196, , ,501 FUND BALANCE, ENDING $ 187,154 $ 196,509 $ 196,534 Report Date: 11/26/2017 Page 4

19 Agenda Page 19 UNIVERSITY PLACE Community Development District Supporting Schedules October 31, 2017

20 Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep FY 2018 Adopted Account Description Actual Budget Budget Budget Budget Budget Budget Budget Budget Budget Budget Budget Projected Budget Total Revenues , , ,538 20,728 7,076 30,969 15,269 7, , ,313 Total Administrative 13,114 9,407 23,653 13,101 14,793 6,791 8,613 8,121 7,865 6,577 6,577 11, , ,063 TOTAL Agenda Page 20 UNIVERSITY PLACE Community Development District Trend Report - General Fund Statement of Revenues, Expenditures and Changes in Fund Balances Trend Report - General Fund For the Period Ending October 31, 2017 Revenues Interest - Investments $ $ 3,185 $ 3,000 $ 435 $ 250 $ 250 $ 250 $ 250 $ 250 $ 250 $ 250 $ 250 $ 250 $ Special Assmnts- Tax Collector - 94, , ,550 21,333 7,110 31,999 15,644 7, , ,743 Special Assmnts- Discounts - (3,774) (17,066) (5,262) (855) (284) (1,280) (625) (284) (29,430) (29,430) Expenditures Administrative P/R-Board of Supervisors 1,000 1,000 2,000 2,000 2,000 1,000 2,000 2,000 2,000 1,000 1,000 2,000 19,000 20,000 FICA Taxes ,456 1,530 ProfServ-Engineering ,875 7,500 ProfServ-Field Management ,504 6,500 ProfServ-Legal Services ,626 6,000 ProfServ-Mgmt Consulting Serv 3,600 3,600 6,800 3,600 3,600 3,600 3,600 3,600 3,600 3,600 3,600 3,600 46,400 46,400 ProfServ-Property Appraiser - 1,415 6,400 1, ,036 11,036 ProfServ-Tax Collector - 1,415 6,400 1, ,036 11,036 Auditing Services ,500 4, ,000 6,000 Postage and Freight Insurance - General Liability 7, ,510 7,986 Printing and Binding Legal Advertising , ,000 2,000 Miscellaneous Services ,375 1,500 Reserve Study ,100 4,100 4,100 Office Supplies Annual District Filing Fee Page 5 Report Date: 11/28/2017 Prepared by: Severn Trent Management Services

21 Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep FY 2018 Adopted Account Description Actual Budget Budget Budget Budget Budget Budget Budget Budget Budget Budget Budget Projected Budget Other Public Safety Contracts-Security Services 5,887 6,267 6,267 6,267 6,267 6,267 6,267 6,267 6,267 6,267 6,267 6,267 74,824 75,204 Contracts-Roving Patrol ,712 9,500 Electricity - Entrance ,043 7,200 Utility - Water & Sewer Insurance - Property R&M-Gatehouse ,069 6,000 Reserve - Gate ,414 6,414 6,414 Total Other Public Safety 7,430 8,201 8,201 8,201 8,201 8,201 8,201 8,201 8,201 8,201 8,201 14, , ,366 Landscape Contracts-Landscape 6,487 6,487 6,487 6,487 6,487 6,487 6,487 6,487 6,487 6,487 6,487 6,487 77,844 77,842 R&M-General ,000 3,000 3,000 R&M-Renewal and Replacement ,000 20,000 20,000 R&M-Streetlights ,000 2,000 2,000 R&M-Wetland ,000 1,000 1,000 Reserve - Culverts ,208 3,208 3,208 Reserve - Ponds ,620 9,620 9,620 Total Landscape 6,487 6,487 6,487 6,487 6,487 6,487 6,487 6,487 6,487 6,487 6,487 45, , ,670 Irrigation Services Payroll-Irrigation Staff ,720 6,760 Payroll - Bonus FICA Taxes Workers' Compensation Contracts-Irrigation 6,248 6,673 6,673 6,673 6,673 6,673 6,673 6,673 6,673 6,673 6,673 6,673 79,651 80,070 Utility - Irrigation 1,923 2,500 2,500 2,500 2,500 2,500 2,500 2,500 2,500 2,500 2,500 2,500 29,423 30,000 Insurance - Property 1, ,836 1,971 R&M-Irrigation 5,322 2,917 2,917 2,917 2,917 2,917 2,917 2,917 2,917 2,917 2,917 2,917 37,409 35,000 R&M-Pump Station 7,172 2,500 2,500 2,500 2,500 2,500 2,500 2,500 2,500 2,500 2,500 2,500 34,672 30,000 Reserve - Irrigation System ,843 20,843 20,843 TOTAL Agenda Page 21 UNIVERSITY PLACE Community Development District Trend Report - General Fund Statement of Revenues, Expenditures and Changes in Fund Balances Trend Report - General Fund For the Period Ending October 31, 2017 Page 6 Total Irrigation Services 23,018 16,000 15,967 15,150 15,150 15,150 15,150 15,150 15,430 15,150 15,150 35, , ,549 Report Date: 11/28/2017 Prepared by: Severn Trent Management Services

22 Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep FY 2018 Adopted Account Description Actual Budget Budget Budget Budget Budget Budget Budget Budget Budget Budget Budget Projected Budget Road and Street Facilities R&M-Roads & Alleyways ,500 2,500 2,500 R&M-Street Sweeping ,000 1,000 1,000 Reserve - Roadways ,930 88,930 88,930 Reserve - Streetlights ,604 1,604 1,604 Total Road and Street Facilities ,034 94,034 94,034 Common Area R&M-General 13,890 2,800 2,800 2,800 2,800 2,800 2,800 2,800 2,800 2,800 2,800 2,800 44,690 33,600 Misc-Holiday Decor - 4, ,000 4,000 Reserve - Fence/Monuments ,031 16,031 16,031 Total Common Area 13,890 6,800 2,800 2,800 2,800 2,800 2,800 2,800 2,800 2,800 2,800 18,831 64,721 53,631 TOTAL EXPENDITURES 63,939 46,895 57,108 45,739 47,431 39,429 41,251 40,759 40,783 39,215 39, , , ,313 Excess (deficiency) of revenues $ (12,810) - Over (under) expenditures $ (63,504) $ 43,929 $ 352,725 $ 80,799 $ (26,703) $ (32,353) $ (10,282) $ (25,490) $ (33,707) $ (38,965) $ (38,965) (220,291) TOTAL Agenda Page 22 UNIVERSITY PLACE Community Development District Trend Report - General Fund Statement of Revenues, Expenditures and Changes in Fund Balances Trend Report - General Fund For the Period Ending October 31, 2017 Page 7 Report Date: 11/28/2017 Prepared by: Severn Trent Management Services

23 UNIVERSITY PLACE Community Development District Agenda Page 23 Cash and Investment Report October 31, 2017 ACCOUNT NAME BANK NAME MATURITY YIELD BALANCE GENERAL FUND Operating Checking Account Northern Trust 0.010% $106,608 Petty Cash $300 Certificate of Deposit - 12 Months Bank United 03/10/ % $129,183 (1) Certificate of Deposit - 12 Months Bank United 03/10/ % $129,423 (1) Certificate of Deposit - 12 Months Bank United 03/16/ % $196,685 (2) Subtotal $455,291 Money Market Account Bank United 0.78% $476,738 (3) Money Market Account Stonegate Bank 0.45% $256,150 (4) Subtotal $732,888 Total General Fund $1,295,087 DEBT SERVICE FUND Series 2008 Redemption Fund US Bank N/A 0.05% $2,851 (5) Series 2008 Debt Service Reserve US Bank N/A 0.05% $71,524 (5) Series 2008 Revenue Fund US Bank N/A 0.05% $120,846 (5) Total Debt Service $195,220 Grand Total $1,490,307 (1) - Reinvested in Certificate of Deposit with Bank United at 1.05% for 12 months starting 3/10/2017 and Maturing 3/10/2018. (2) - Invested in Certificate of Deposit with Bank United at 1.05% for 12 months starting 3/16/2017 and Maturing 3/16/2018. (3) - Invested Funds into a Money Market Account with BankUnited. (4) - Invested Funds into a Money Market Account with Stonegate Bank. (5) - Invested in US Bank Open Ended Interest Bearing Corporate Commercial Paper. Report Date: 11/26/2017 Page 8

24 University Place CDD Bank Reconciliation Agenda Page 24 Bank Account No Statement No Statement Date 10/31/2017 Northern Trust N.A. - GF G/L Balance (LCY) 106, G/L Balance 106, Positive Adjustments 0.00 Subtotal 106, Negative Adjustments 0.00 Statement Balance 109, Outstanding Deposits 0.00 Subtotal 109, Outstanding Checks 3, Differences 0.00 Ending G/L Balance 106, Ending Balance 106, Difference 0.00 Posting Date Document Type Document No. Description Amount Cleared Amount Difference Outstanding Checks 12/2/2016 Payment JACKSON, LYNN /20/2017 Payment PERSSON & COHEN, P.A /18/2017 Payment TLCI INC 1, , /26/2017 Payment AMERICAN CONSULTING 1, , /26/2017 Payment FRONTIER COMMUNICATIONS /27/2017 Payment MANATEE COUNTY UTILITIES Total Outstanding Checks... 3, , Page 9

25 Agenda Page 25 UNIVERSITY PLACE Community Development District Check Register by Fund For the Period from 10/01/17 to 10/31/17 (Sorted by Check No.) Fund No. Check No. Check Date Payee Invoice No. Invoice Description G/L Account Name G/L Account # Check Amount GENERAL FUND /04/17 ENVERA SYSTEMS LLC GATE MONITOR 10/1/17-10/31/17 Contracts-Security Services $5, /04/17 ENVERA SYSTEMS LLC GATE MONITOR 9/1/17-9/30/17 Contracts-Security Services $5, /04/17 ENVERA SYSTEMS LLC GATE MONITOR 6/1/17-6/30/17 Contracts-Security Services $5, /04/17 ENVERA SYSTEMS LLC GATE MONITOR 7/1/17-7/31/17 Contracts-Security Services $5, /04/17 ENVERA SYSTEMS LLC GATE MONITOR 8/1/17-8/31/17 Contracts-Security Services $5, /04/17 GATE PROS INC 1071 HONORE EXIT GATE REPR R&M-Gatehouse $ /04/17 MANATEE COUNTY UTILITIES BILL PRD 8/14/17-9/15/17 Utility - Water & Sewer $ /06/17 FRONTIER COMMUNICATIONS /28/17-10/27/17 Utility - Irrigation $ /06/17 TOTAL LANDSCAPE CARE INC OCT 2017 LANDSCAPE/IRR INSPECT Contracts-Landscape $6, /06/17 TOTAL LANDSCAPE CARE INC OCT 2017 LANDSCAPE/IRR INSPECT Contracts-Irrigation $6, /12/17 GATE PROS INC 1436 ALUM PERIMETER FENCE REPRS R&M-General $1, /12/17 PUBLIC RISK INSURANCE AGENCY /1/17-10/1/18 PUBLIC OFC Insurance - General Liability $2, /12/17 PUBLIC RISK INSURANCE AGENCY /1/17-10/1/18 GEN LIAB/PROP Insurance - Property $1, /12/17 PUBLIC RISK INSURANCE AGENCY /1/17-10/1/18 GEN LIAB/PROP Insurance - Property $ /12/17 PUBLIC RISK INSURANCE AGENCY /1/17-10/1/18 GEN LIAB/PROP Insurance - General Liability $4, /12/17 TLCI INC IRR REPRS TO MAINLINE LEAK R&M-Irrigation $1, /12/17 TLCI INC DECODER 7832 ASHLEY CIRCLE R&M-Irrigation $ /12/17 TLCI INC DECODER 8122 COATES ROW R&M-Irrigation $ /18/17 BRIGHT HOUSE NETWORKS LLC INTERNET CC 10/15/17-11/14/17 R&M-Gatehouse $ /18/17 BRIGHT HOUSE NETWORKS LLC INT HONORE 10/15/17-11/14/17 R&M-Gatehouse $ /18/17 ELECTRO MECHANICAL SOUTH INC PS#1 AMIAD FILTER & PS#3 RPRS R&M-Pump Station $5, /18/17 ELECTRO MECHANICAL SOUTH INC QRTLY SVC AGRMNT OCT 2017 R&M-Pump Station $1, /18/17 FEDEX POSTAGE 9/27/17-9/29/17 Postage and Freight $ /18/17 FRONTIER COMMUNICATIONS /4/17-11/3/17 Utility - Irrigation $ /18/17 JONES & SONS PEST CONTROL OCT17 R&M-Gatehouse $ /18/17 PERSSON & COHEN, P.A /12-9/20/17 GEN COUNSEL ProfServ-Legal Services $ /18/17 TLCI INC DECODER 7346 MEETING ST R&M-Irrigation $ /18/17 TLCI INC DECODER 7902 ASHLEY CIRCLE R&M-Irrigation $ /18/17 TLCI INC DECODER 7918 INDIGO RIDGE R&M-Irrigation $ /18/17 TLCI INC DECODER 7919 EDMONSTON CT. R&M-Irrigation $ /26/17 AMERICAN CONSULTING ENG'G SVC THRU 9/27/17 ProfServ-Engineering $1, /26/17 ELECTRO MECHANICAL SOUTH INC PMP STATION 4 CHECK R&M-Pump Station $ /26/17 FRONTIER COMMUNICATIONS /13/17-11/12/17 HONORE GATE R&M-Gatehouse $ /26/17 SARASOTA HOME CARE PLACE PRESSURE WASH SIDEWALKS R&M-General $11, /27/17 MANATEE COUNTY UTILITIES BILL PRD 9/15/17-10/13/17 Utility - Water & Sewer $ /27/17 SARASOTA HOME CARE PILLARS PW PILLARS/TOPPERS R&M-General $1, DD442 10/29/17 Payment of Invoice ACH BILL PRD 9/1/17-10/02/17 Electricity - Entrance $ DD442 10/29/17 Payment of Invoice ACH BILL PRD 9/1/17-10/02/17 Utility - Irrigation $1, Report Date 11/26/2017 Prepared by: Severn Trent Management Services Page 10

26 Agenda Page 26 UNIVERSITY PLACE Community Development District Check Register by Fund For the Period from 10/01/17 to 10/31/17 (Sorted by Check No.) Fund No. Check No. Check Date Payee Invoice No. Invoice Description G/L Account Name G/L Account # Check Amount /05/17 FRANK J. INGRASSIA PAYROLL October 05, 2017 Payroll Posting $ /05/17 ROGER P. KOCIJAN PAYROLL October 05, 2017 Payroll Posting $ DD438 10/05/17 RICHARD B. ROMANOFF JR. PAYROLL October 05, 2017 Payroll Posting $ DD439 10/05/17 VICTORIA M. KAHLE PAYROLL October 05, 2017 Payroll Posting $ DD440 10/05/17 JANE W. LANGE PAYROLL October 05, 2017 Payroll Posting $ DD441 10/05/17 ARMAND L. HOUZE PAYROLL October 05, 2017 Payroll Posting $ /20/17 ROGER P. KOCIJAN PAYROLL October 20, 2017 Payroll Posting $ Fund Total $81, Total Checks Paid $81, Report Date 11/26/2017 Prepared by: Severn Trent Management Services Page 11

27 Fourth Order of Business Agenda Page 27

28 4B Agenda Page 28

29 Agenda Page 29

30 Agenda Page 30

31 Agenda Page 31

32 Agenda Page 32

33 Agenda Page 33