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

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

Agenda Page 2 University Place Community Development District Severn Trent Services, Management Services Division 210 North University Drive, Suite 702 Coral Springs, Florida 33071 Telephone: (954) 603-0033 Fax: (954) 345-1292 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 34202. 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, 2017 4. 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

Third Order of Business Agenda Page 3

3A. Agenda Page 4

Agenda Page 5 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 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 34202. 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

October 25, 2017 Agenda Page 6 University Place CDD 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 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

October 25, 2017 Agenda Page 7 University Place CDD 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 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 2018. Fence UNAPPROVED 3

October 25, 2017 Agenda Page 8 University Place CDD 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 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

October 25, 2017 Agenda Page 9 University Place CDD 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 Discussion ensued regarding receipt of emails for various items sent to the Board. Only certain Board members are copied on various emails from S-T. It was suggested to send the email 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 email 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

October 25, 2017 Agenda Page 10 University Place CDD 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 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, 2017. 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

3B. Agenda Page 11

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

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

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

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 300-300 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 455,291-455,291 Money Market Account 732,888-732,888 Redemption Fund - 2,851 2,851 Reserve Fund - 71,524 71,524 Revenue Fund - 120,846 120,846 Deposits 200-200 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 200-200 Restricted for: Debt Service - 196,534 196,534 Assigned to: Operating Reserves 166,506-166,506 Reserves - Culverts 29,906-29,906 Reserves - Fence/Monuments 136,486-136,486 Reserves - Gate 58,196-58,196 Reserves- Irrigation System 177,016-177,016 Reserves - Ponds 81,890-81,890 Reserves - Roadways 559,710-559,710 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

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 $ 185 14.50% Special Assmnts- Tax Collector 735,743 - - - 0.00% Special Assmnts- Discounts (29,430) - - - 0.00% TOTAL REVENUES 709,313 250 435 185 0.06% EXPENDITURES Administration P/R-Board of Supervisors 20,000 2,000 1,000 1,000 5.00% FICA Taxes 1,530 153 77 76 5.03% ProfServ-Engineering 7,500 625-625 0.00% ProfServ-Field Management 6,500 542 542-8.34% ProfServ-Legal Services 6,000 500 126 374 2.10% ProfServ-Mgmt Consulting Serv 46,400 3,600 3,600-7.76% ProfServ-Property Appraiser 11,036 - - - 0.00% ProfServ-Tax Collector 11,036 - - - 0.00% Auditing Services 6,000 - - - 0.00% Postage and Freight 500 42 45 (3) 9.00% Insurance - General Liability 7,986 7,986 7,510 476 94.04% Printing and Binding 700 58 39 19 5.57% Legal Advertising 2,000 - - - 0.00% Miscellaneous Services 1,500 125-125 0.00% Reserve Study 4,100 - - - 0.00% Office Supplies 100 8-8 0.00% Annual District Filing Fee 175 175 175-100.00% Total Administration 133,063 15,814 13,114 2,700 9.86% Other Public Safety Contracts-Security Services 75,204 6,267 5,887 380 7.83% Contracts-Roving Patrol 9,500 792-792 0.00% Electricity - Entrance 7,200 600 443 157 6.15% Utility - Water & Sewer 498 42 31 11 6.22% Insurance - Property 550 550 500 50 90.91% R&M-Gatehouse 6,000 500 569 (69) 9.48% Reserve - Gate 6,414 - - - 0.00% Total Other Public Safety 105,366 8,751 7,430 1,321 7.05% Landscape Services Contracts-Landscape 77,842 6,487 6,487-8.33% R&M-General 3,000 - - - 0.00% R&M-Renewal and Replacement 20,000 - - - 0.00% R&M-Streetlights 2,000 - - - 0.00% R&M-Wetland 1,000 - - - 0.00% Reserve - Culverts 3,208 - - - 0.00% Reserve - Ponds 9,620 - - - 0.00% Total Landscape Services 116,670 6,487 6,487-5.56% Report Date: 11/26/2017 Page 2

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 6,760 520 480 40 7.10% Payroll - Bonus 500 - - - 0.00% FICA Taxes 555 40 37 3 6.67% Workers' Compensation 850 - - - 0.00% Contracts-Irrigation 80,070 6,673 6,248 425 7.80% Utility - Irrigation 30,000 2,500 1,923 577 6.41% Insurance - Property 1,971 1,971 1,836 135 93.15% 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 20,843 - - - 0.00% Total Irrigation Services 206,549 17,121 23,018 (5,897) 11.14% Road and Street Facilities R&M-Roads & Alleyways 2,500 - - - 0.00% R&M-Street Sweeping 1,000 - - - 0.00% Reserve - Roadways 88,930 - - - 0.00% Reserve - Streetlights 1,604 - - - 0.00% Total Road and Street Facilities 94,034 - - - 0.00% Common Area R&M-General 33,600 2,800 13,890 (11,090) 41.34% Misc-Holiday Decor 4,000 - - - 0.00% Reserve - Fence/Monuments 16,031 - - - 0.00% 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

UNIVERSITY PLACE Community Development District Agenda Page 18 2008 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 $ 25 33.00% Special Assmnts- Tax Collector 312,481 - - - 0.00% Special Assmnts- Discounts (12,499) - - - 0.00% TOTAL REVENUES 300,082 8 33 25 0.01% EXPENDITURES Administration ProfServ-Arbitrage Rebate 600 - - - 0.00% ProfServ-Dissemination Agent 1,000 - - - 0.00% ProfServ-Property Appraiser 4,687 - - - 0.00% ProfServ-Tax Collector 4,687 - - - 0.00% ProfServ-Trustee Fees 6,596 - - - 0.00% Total Administration 17,570 - - - 0.00% Debt Service Principal Debt Retirement 130,000 - - - 0.00% Interest Expense 161,859 - - - 0.00% Total Debt Service 291,859 - - - 0.00% TOTAL EXPENDITURES 309,429 - - - 0.00% Excess (deficiency) of revenues Over (under) expenditures (9,347) 8 33 25-0.35% OTHER FINANCING SOURCES (USES) Contribution to (Use of) Fund Balance (9,347) - - - 0.00% TOTAL FINANCING SOURCES (USES) (9,347) - - - 0.00% Net change in fund balance $ (9,347) $ 8 $ 33 $ 25-0.35% FUND BALANCE, BEGINNING (OCT 1, 2016) 196,501 196,501 196,501 FUND BALANCE, ENDING $ 187,154 $ 196,509 $ 196,534 Report Date: 11/26/2017 Page 4

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

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 435 90,824 409,833 126,538 20,728 7,076 30,969 15,269 7,076 250 250 250 709,498 709,313 Total Administrative 13,114 9,407 23,653 13,101 14,793 6,791 8,613 8,121 7,865 6,577 6,577 11,753 130,366 133,063 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 $ 250 250 Special Assmnts- Tax Collector - 94,348 426,649 131,550 21,333 7,110 31,999 15,644 7,110 - - - 735,743 735,743 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 77 77 153 153 153 77 153 153 153 77 77 153 1,456 1,530 ProfServ-Engineering - 625 625 625 625 625 625 625 625 625 625 625 6,875 7,500 ProfServ-Field Management 542 542 542 542 542 542 542 542 542 542 542 542 6,504 6,500 ProfServ-Legal Services 126 500 500 500 500 500 500 500 500 500 500 500 5,626 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 1,974 320 107 480 234 106 - - - 11,036 11,036 ProfServ-Tax Collector - 1,415 6,400 1,974 320 107 480 234 106 - - - 11,036 11,036 Auditing Services - - - 1,500 4,500 - - - - - - - 6,000 6,000 Postage and Freight 45 42 42 42 42 42 42 42 42 42 42 42 507 500 Insurance - General Liability 7,510 - - - - - - - - - - - 7,510 7,986 Printing and Binding 39 58 58 58 58 58 58 58 58 58 58 58 677 700 Legal Advertising - - - - 2,000 - - - - - - - 2,000 2,000 Miscellaneous Services - 125 125 125 125 125 125 125 125 125 125 125 1,375 1,500 Reserve Study - - - - - - - - - - - 4,100 4,100 4,100 Office Supplies - 8 8 8 8 8 8 8 8 8 8 8 88 100 Annual District Filing Fee 175 - - - - - - - - - - - 175 175 Page 5 Report Date: 11/28/2017 Prepared by: Severn Trent Management Services

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 - 792 792 792 792 792 792 792 792 792 792 792 8,712 9,500 Electricity - Entrance 443 600 600 600 600 600 600 600 600 600 600 600 7,043 7,200 Utility - Water & Sewer 31 42 42 42 42 42 42 42 42 42 42 42 493 498 Insurance - Property 500 - - - - - - - - - - - 500 550 R&M-Gatehouse 569 500 500 500 500 500 500 500 500 500 500 500 6,069 6,000 Reserve - Gate - - - - - - - - - - - 6,414 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 14,615 104,055 105,366 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 - - - - - - - - - - - 3,000 3,000 3,000 R&M-Renewal and Replacement - - - - - - - - - - - 20,000 20,000 20,000 R&M-Streetlights - - - - - - - - - - - 2,000 2,000 2,000 R&M-Wetland - - - - - - - - - - - 1,000 1,000 1,000 Reserve - Culverts - - - - - - - - - - - 3,208 3,208 3,208 Reserve - Ponds - - - - - - - - - - - 9,620 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 45,315 116,672 116,670 Irrigation Services Payroll-Irrigation Staff 480 520 780 520 520 520 520 520 780 520 520 520 6,720 6,760 Payroll - Bonus - - 500 - - - - - - - - - 500 500 FICA Taxes 37 40 97 40 40 40 40 40 60 40 40 40 554 555 Workers' Compensation - 850 - - - - - - - - - - 850 850 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 - - - - - - - - - - - 1,836 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 - - - - - - - - - - - 20,843 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 35,993 212,458 206,549 Report Date: 11/28/2017 Prepared by: Severn Trent Management Services

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 - - - - - - - - - - - 2,500 2,500 2,500 R&M-Street Sweeping - - - - - - - - - - - 1,000 1,000 1,000 Reserve - Roadways - - - - - - - - - - - 88,930 88,930 88,930 Reserve - Streetlights - - - - - - - - - - - 1,604 1,604 1,604 Total Road and Street Facilities - - - - - - - - - - - 94,034 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 4,000 Reserve - Fence/Monuments - - - - - - - - - - - 16,031 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 39,215 220,541 722,308 709,313 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

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 03/10/18 1.05% $129,183 (1) Certificate of Deposit - 12 Months Bank United 03/10/18 1.05% $129,423 (1) Certificate of Deposit - 12 Months Bank United 03/16/18 1.05% $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

University Place CDD Bank Reconciliation Agenda Page 24 Bank Account No. 5773 Statement No. 10-17 Statement Date 10/31/2017 Northern Trust N.A. - GF G/L Balance (LCY) 106,608.00 G/L Balance 106,608.00 Positive Adjustments 0.00 Subtotal 106,608.00 Negative Adjustments 0.00 Statement Balance 109,920.09 Outstanding Deposits 0.00 Subtotal 109,920.09 Outstanding Checks 3,312.09 Differences 0.00 Ending G/L Balance 106,608.00 Ending Balance 106,608.00 Difference 0.00 Posting Date Document Type Document No. Description Amount Cleared Amount Difference Outstanding Checks 12/2/2016 Payment 12288 JACKSON, LYNN 10.68 0.00 10.68 7/20/2017 Payment 12482 PERSSON & COHEN, P.A. 245.51 0.00 245.51 10/18/2017 Payment 12551 TLCI INC 1,740.99 0.00 1,740.99 10/26/2017 Payment 12552 AMERICAN CONSULTING 1,125.12 0.00 1,125.12 10/26/2017 Payment 12554 FRONTIER COMMUNICATIONS 157.63 0.00 157.63 10/27/2017 Payment 12556 MANATEE COUNTY UTILITIES 32.16 0.00 32.16 Total Outstanding Checks... 3,312.09 3,312.09 Page 9

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 - 001 001 12536 10/04/17 ENVERA SYSTEMS LLC 663580 GATE MONITOR 10/1/17-10/31/17 Contracts-Security Services 534037-52901 $5,887.00 001 12536 10/04/17 ENVERA SYSTEMS LLC 662925 GATE MONITOR 9/1/17-9/30/17 Contracts-Security Services 534037-52901 $5,887.00 001 12536 10/04/17 ENVERA SYSTEMS LLC 660625 GATE MONITOR 6/1/17-6/30/17 Contracts-Security Services 534037-52901 $5,887.00 001 12536 10/04/17 ENVERA SYSTEMS LLC 661269 GATE MONITOR 7/1/17-7/31/17 Contracts-Security Services 534037-52901 $5,887.00 001 12536 10/04/17 ENVERA SYSTEMS LLC 662285 GATE MONITOR 8/1/17-8/31/17 Contracts-Security Services 534037-52901 $5,887.00 001 12537 10/04/17 GATE PROS INC 1071 HONORE EXIT GATE REPR R&M-Gatehouse 546035-52901 $160.00 001 12538 10/04/17 MANATEE COUNTY UTILITIES 091917-112606 BILL PRD 8/14/17-9/15/17 Utility - Water & Sewer 543021-52901 $31.45 001 12539 10/06/17 FRONTIER COMMUNICATIONS 092817-5340 941-358-5340 9/28/17-10/27/17 Utility - Irrigation 543014-53915 $136.99 001 12540 10/06/17 TOTAL LANDSCAPE CARE INC 33413 OCT 2017 LANDSCAPE/IRR INSPECT Contracts-Landscape 534050-53902 $6,486.86 001 12540 10/06/17 TOTAL LANDSCAPE CARE INC 33413 OCT 2017 LANDSCAPE/IRR INSPECT Contracts-Irrigation 534073-53915 $6,247.50 001 12541 10/12/17 GATE PROS INC 1436 ALUM PERIMETER FENCE REPRS R&M-General 546001-57208 $1,600.00 001 12542 10/12/17 PUBLIC RISK INSURANCE AGENCY 52322 10/1/17-10/1/18 PUBLIC OFC Insurance - General Liability 545002-51301 $2,760.00 001 12542 10/12/17 PUBLIC RISK INSURANCE AGENCY 52323 10/1/17-10/1/18 GEN LIAB/PROP Insurance - Property 545001-53915 $1,836.00 001 12542 10/12/17 PUBLIC RISK INSURANCE AGENCY 52323 10/1/17-10/1/18 GEN LIAB/PROP Insurance - Property 545001-52901 $500.00 001 12542 10/12/17 PUBLIC RISK INSURANCE AGENCY 52323 10/1/17-10/1/18 GEN LIAB/PROP Insurance - General Liability 545002-51301 $4,750.00 001 12543 10/12/17 TLCI INC 10517 IRR REPRS TO MAINLINE LEAK R&M-Irrigation 546041-53915 $1,078.17 001 12543 10/12/17 TLCI INC 10498 DECODER 7832 ASHLEY CIRCLE R&M-Irrigation 546041-53915 $426.00 001 12543 10/12/17 TLCI INC 10490 DECODER 8122 COATES ROW R&M-Irrigation 546041-53915 $426.00 001 12545 10/18/17 BRIGHT HOUSE NETWORKS LLC 0466324201101017 INTERNET CC 10/15/17-11/14/17 R&M-Gatehouse 546035-52901 $103.95 001 12545 10/18/17 BRIGHT HOUSE NETWORKS LLC 047799101101017 INT HONORE 10/15/17-11/14/17 R&M-Gatehouse 546035-52901 $103.95 001 12546 10/18/17 ELECTRO MECHANICAL SOUTH INC 137286 PS#1 AMIAD FILTER & PS#3 RPRS R&M-Pump Station 546075-53915 $5,770.66 001 12546 10/18/17 ELECTRO MECHANICAL SOUTH INC 137282 QRTLY SVC AGRMNT OCT 2017 R&M-Pump Station 546075-53915 $1,210.00 001 12547 10/18/17 FEDEX 5-955-30010 POSTAGE 9/27/17-9/29/17 Postage and Freight 541006-51301 $34.92 001 12548 10/18/17 FRONTIER COMMUNICATIONS 100417-0172 941-358-0172 10/4/17-11/3/17 Utility - Irrigation 543014-53915 $59.25 001 12549 10/18/17 JONES & SONS 19400-100917 PEST CONTROL OCT17 R&M-Gatehouse 546035-52901 $25.00 001 12550 10/18/17 PERSSON & COHEN, P.A. 100217 9/12-9/20/17 GEN COUNSEL ProfServ-Legal Services 531023-51401 $122.76 001 12551 10/18/17 TLCI INC 10526 DECODER 7346 MEETING ST R&M-Irrigation 546041-53915 $426.00 001 12551 10/18/17 TLCI INC 10524 DECODER 7902 ASHLEY CIRCLE R&M-Irrigation 546041-53915 $426.00 001 12551 10/18/17 TLCI INC 10368 DECODER 7918 INDIGO RIDGE R&M-Irrigation 546041-53915 $426.00 001 12551 10/18/17 TLCI INC 10370 DECODER 7919 EDMONSTON CT. R&M-Irrigation 546041-53915 $462.99 001 12552 10/26/17 AMERICAN CONSULTING 170636 ENG'G SVC THRU 9/27/17 ProfServ-Engineering 531013-51501 $1,125.12 001 12553 10/26/17 ELECTRO MECHANICAL SOUTH INC 137302 PMP STATION 4 CHECK R&M-Pump Station 546075-53915 $191.25 001 12554 10/26/17 FRONTIER COMMUNICATIONS 101317-0004 10/13/17-11/12/17 HONORE GATE R&M-Gatehouse 546035-52901 $157.63 001 12555 10/26/17 SARASOTA HOME CARE PLACE-102417 PRESSURE WASH SIDEWALKS R&M-General 546001-57208 $11,250.00 001 12556 10/27/17 MANATEE COUNTY UTILITIES 12606-101917 BILL PRD 9/15/17-10/13/17 Utility - Water & Sewer 543021-52901 $32.16 001 12557 10/27/17 SARASOTA HOME CARE 100417-PILLARS PW PILLARS/TOPPERS R&M-General 546001-57208 $1,320.00 001 DD442 10/29/17 Payment of Invoice 004752 100917-ACH BILL PRD 9/1/17-10/02/17 Electricity - Entrance 543008-52901 $263.69 001 DD442 10/29/17 Payment of Invoice 004752 100917-ACH BILL PRD 9/1/17-10/02/17 Utility - Irrigation 543014-53915 $1,070.37 Report Date 11/26/2017 Prepared by: Severn Trent Management Services Page 10

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 001 12534 10/05/17 FRANK J. INGRASSIA PAYROLL October 05, 2017 Payroll Posting $184.70 001 12535 10/05/17 ROGER P. KOCIJAN PAYROLL October 05, 2017 Payroll Posting $221.64 001 DD438 10/05/17 RICHARD B. ROMANOFF JR. PAYROLL October 05, 2017 Payroll Posting $184.70 001 DD439 10/05/17 VICTORIA M. KAHLE PAYROLL October 05, 2017 Payroll Posting $183.87 001 DD440 10/05/17 JANE W. LANGE PAYROLL October 05, 2017 Payroll Posting $184.70 001 DD441 10/05/17 ARMAND L. HOUZE PAYROLL October 05, 2017 Payroll Posting $184.70 001 12544 10/20/17 ROGER P. KOCIJAN PAYROLL October 20, 2017 Payroll Posting $221.64 Fund Total $81,821.62 Total Checks Paid $81,821.62 Report Date 11/26/2017 Prepared by: Severn Trent Management Services Page 11

Fourth Order of Business Agenda Page 27

4B Agenda Page 28

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