Tohoqua Community Development District
Agenda November 2, 2022

Tohoqua
Community Development District
Meeting Agenda
Wednesday	Tohoqua Amenity Center
November 2, 2022	1830 Fulfillment Drive
9:00 AM	Kissimmee, Florida 34744

Roll Call

Public Comment Period

Approval of Minutes of the October 5, 2022 Board of Supervisors Meeting

Consideration of Resolution 2023-05 Finalizing Assessments for Assessment Area Five (Phase 3/6 Project)
Consideration of Cleaning Maintenance Agreement with Westwood Interior Cleaning
Staff Reports

Attorney

Engineer

District Manager’s Report

Approval of Check Register

Balance Sheet and Income Statement

Amenity Manager’s Report

Other Business

Supervisors Requests

Adjournment

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MINUTES OF MEETING TOHOQUA
COMMUNITY DEVELOPMENT DISTRICT

The regular meeting of the Board of Supervisors of the Tohoqua Community Development District was held on Monday, October 5, 2022 at 9:00 a.m., at Tohoqua Amenity Center, 1830 Fulfillment Drive, Kissimmee, Florida.

Present and constituting a quorum:

Andre Vidrine	Chairman
Marcus Hooker	Vice Chairman
Rob Bonin	Assistant Secretary

Also present were:

George Flint	District Manager
Kristen Trucco	District Counsel
Eric Warren	District Engineer
Alan Scheerer	Field Manager
Marcia Calleja	CALM
Tim Bramwell by phone	Akerman, LLC

FIRST ORDER OF BUSINESS	Roll Call
Mr. Flint called the meeting to order at 9:00 a.m. and called the roll. A quorum was present.

SECOND ORDER OF BUSINESS	Public Comment Period
Mr. Flint: We just have staff and Board Members here.

THIRD ORDER OF BUSINESS	Organizational Matters
Appointment of Individual to Fulfill the Board Vacancy with a Term Ending November 2023
Mr. Flint: You have a vacancy. Are there any nominations at this time? Mr. Vidrine: Yes. Mr. Chris Randall of Pulte Homes

Administration of Oath of Office to Newly Appointed Supervisor
Consideration of Resolution 2023-01 Electing Assistant Secretary
Mr. Flint: Chris isn’t here, so we won’t to administer the Oath. You have Resolution 2023-01, electing Chris as an Assistant Secretary. If you want to do that, you can or you can reconsider officers, at this point.
Mr. Vidrine: Assistant Secretary is good.
Mr. Flint: Then we need a motion then to approve Resolution 2023-01.

FOURTH ORDER OF BUSINESS	Approval of Minutes of the September 7
2022 Board of Supervisors Meeting
Mr. Flint: Next is approval of the minutes from September 7thmeeting. Did the Board have any comments or corrections to those?
Mr. Vidrine: No.
Mr. Flint: Then we need a motion to approve them.

FIFTH ORDER OF BUSINESS	Financing Matters
Phase 4B/5B Bond Issue
Consideration of Resolution 2023-02 Ratifying Conveyance of Utility Improvements in Phase 4B/5B
Mr. Flint: On the Phase 4B/5B bond issue, we have some conveyances that we were hoping would be done in advance of the financing to be able to fund the acquisition and closing. Are we ready to do that?
Ms. Trucco: Yeah, we can proceed with that.

Mr. Flint: Okay.
Ms. Trucco: I can introduce those if you want. Mr. Flint: Yes, please.
Ms. Trucco: Okay. So, the first one is Resolution 2023-02. This is actually going to ratify the conveyance of infrastructure in Phase 4B/5B. The conveyance is going from the developer to the District and from the District to the City of St. Cloud. The District Engineer notified us that Pulte, in order to get their COCs for Phase 4B/5B, they had to convey over the real property and improvements that were dedicated to the city pursuant to the plat. Since the District is going to be reimbursing Pulte for the construction of these improvements, we wanted them to go through the CDD first before they were conveyed to the city. So, we drafted our standard convenience documents. There’s just a Bill of Sale, not a deed for this first resolution because infrastructure improvements are being transferred through the District. So, we've got our Bill of Sale, our agreement and homeowners’ affidavit. Those are certifications for the developer that there's outstanding taxes or encumbrances on the infrastructure improvements that would hinder our ability to own and then subsequently transfer them to the city. Then we have our Certificate of the District Engineer certifying that this conveyance is in accordance with the original development plans for the District, including their recorded plat. Like I said, this was a time- sensitive matter because Pulte needed to submit the plat for conveying the real property improvements. These have already been signed, but we're looking for a motion to ratify this convenience today.

Consideration of Resolution 2023-03 Ratifying Conveyance of Real Property and Improvements in Phase 4B
Ms. Trucco: The next one is very similar, except this is transferring all real property and improvements in 4B from the developer to the District. This is in accordance with the recorded plan as well. So, we've got a Special Warranty Deed that transfers the real property and transfers the improvement, that same agreement regarding taxes, owner’s affidavit, and District Engineer's

Certificate. Today we would be looking for a motion to approve these conveniences subject to the District Engineer’s final sign off on the certificate.

Phase 4B/5B Bond Issue
Presentation of Fifth Supplemental Engineers Report for Phase 3/6
Mr. Flint: Next is for the Phase 3/6 bond issue items. The first item is the Fifth Supplemental Engineer's Report. We've already presented the Supplemental Engineer's Report and the Preliminary Supplemental Assessment Methodology for Phase 4B/5B. The Phase 3/6 bond issue is one step behind the Phase 4B/5B issuance. The District Engineer prepared the Supplemental Engineer's Report for those phases. Eric?
Mr. Warren: I believe it's included in your agenda, but just in summary, Phase 3 has 31 acres and 155 single-family lots and Phase 6 has 14 acres and 61 single-family lots and associated roads, utilities and stormwater. We prepared the Estimate of Probable District Improvement Costs for those improvements, which was $4,510,989. The standard graphics and information were included in the report. If you have any questions, I'll be happy to answer them.
Mr. Flint: Are there any questions on the Engineer's Report? If not, we need a motion to approve it.

Presentation of Preliminary Supplemental Assessment Methodology
Mr. Flint: Next is the Preliminary Supplemental Assessment Methodology. This will be revised and finalized once the bonds are actually priced. So, this is really informational, at this point. They do include the Preliminary Supplemental Assessment Methodology and Offering Memorandum. The only thing I would like to mention, is between the time we prepared this report, interest rates have gone up. So, I would just ask the Board to approve it subject to revision of the interest rates in the report and the bond sizing, with the understanding that it will

be finalized once it's actually priced. So, it's really an estimate at this point. We put it on the agenda just so you're aware of it. You're not approving the final form, at this point.
Mr. Vidrine: Understood.
Mr. Flint: Table 1 is the development program. There are townhomes, 32 and 50-foot single-family lots, plus 155 units in Phase 3 and 61 in Phase 6. Table 2 is the cost estimate that Eric prepared, the $4.5 million. Table 3 is the bond sizing that will need to be adjusted. We have 5.5% interest in here. The interest rate is closer to 6%, unfortunately. We just had one priced yesterday at 5.9%. Then the other tables will be revised accordingly based on that bond sizing. But we show the par debt per unit, the infrastructure improvements per unit and then the Preliminary Assessment Roll. I believe Phase 6 is platted and Phase 3 is unplatted. You see the platted lots there.
Mr. Vidrine: Phase 3 is platted.
Mr. Flint: Okay. We'll update this to reflect that as well. At the time, I think they were unplatted.
Mr. Vidrine: It was platted in 60 days.
Mr. Flint: Good. So, we'll have all of the platted lots on the Assessment Roll, which makes it nice.
Mr. Vidrine: Yeah.
Mr. Flint: We'll update it for the interest rate and the platted. Are there any questions on the Preliminary Supplemental Assessment Methodology? If not, we need a motion to approve it.

Consideration of Resolution 2023-04 Phase 3/6 Project Delegation
Mr. Flint: Next is the delegation resolution. Tim, do you mind presenting that, please?
Mr. Bramwell: Sure. Before the Board is Resolution 2023-04. To give a little background, in September 2017, the Board approved Resolution 2017-21 to authorize the District to issue bonds in an aggregate amount of not-to-exceed $94,500,000. This was subsequently validated in December 2017. Since then, the Board adopted resolutions authorizing four series of bonds in an aggregate amount of approximately $12 million. This resolution now

seeks to approve a fifth series of bonds in an aggregate amount not-to-exceed $3,400,000 in order to finance the Phase 3/6 project. The resolution authorizes the Board to engage an Underwriter to conduct a negotiated sale of the bond, and authorize the Underwriter to market bonds pursuant to certain parameters using the Preliminary Limited Offering Memorandum approved pursuant to the resolution. The parameters for the negotiated sale are set out in Section 5 of the resolution, so long as the Underwriter returns with an offer meeting these parameters. The District officers will be authorized to enter into a Bond Purchase Contract, approved pursuant to the resolution. The summary of the parameters are that the bonds need to be in an aggregate principal amount not-to-exceed $3,400,000. The average interest rate on the bond will be not an excess of the maximum level permitted under Florida Law, which is 300 basis points over the bond buyers, 20 GO Bond Index. The Underwriter's Discount will be not in excess of 2% and the bonds will be subject to optional redemption no later than May 1, 2037. The bonds final maturity will be no later than May 1, 2054. The resolution then goes on to approve the forms of the Fifth Supplemental Indenture, the Bond Purchase Agreement, the offering documents to be used in the sale; Amended and Restated Acquisition Agreement, Completion Agreement, Collateral Assignment and True-Up Agreement relating to the Phase 3/6 project improvement. Does anybody have any other questions?
Mr. Flint: Are there any questions for Bond Counsel? Okay. I don't think there are any questions, Tim. We need a motion then to approve Resolution 2023-04.

Mr. Flint: Tim, I passed out the revised Delegation Resolution. The draft was in the agenda, but I've provided the revised one that you emailed me last night. That's what we'll have signed today.
Mr. Bramwell: Great. Thanks.

Approval of Notice of Lien and Imposition of Special Assessments for Phase 3/6 Project
Mr. Flint: Kristen, you've asked that the Notice of Lien be placed on the agenda. Do you want to present this?
Ms. Trucco: Yeah. When we issued the bonds, one of the issuer documents was a league of record, which puts the public on notice that there's a lien on Phase 3/6 and it will be repaid via the levy of special assessments on the property within those phases. So, before the bonds are issued, we would like to, if we can, place a Notice of Lien and imposition of special assessments in anticipation of that bond issuance over the property. So that's what we've included in the agenda. It just puts potential purchasers and the public on notice that there's going to be a lien on the property. Okay. So, if you have any questions, I can take them now. Otherwise, we're looking for a motion to approve that Notice of Lien.

SIXTH ORDER OF BUSINESS	Staff Reports
Attorney
Mr. Flint: Do you have anything else, Kristen? Ms. Trucco: No. Thank you.

Engineer
Mr. Flint: Do you have anything else, Eric? Mr. Warren: No.

District Manager’s Report
Approval of Check Register
Mr. Flint: Under the District Manager’s Report, you have the Check Register from August 28th through September 26, 2022 in the amount of $79,648.16. The detailed register is behind the summary. If you have any questions, we can discuss those. It includes the insurance for Fiscal Year 2023, which starts on October 1. That's $31,353 of that amount. That will actually be expensed to FY23, but the check was written now and that's why it's on the Check Register. Are there any questions on the Check Register? If not, we need a motion to approve it.

Balance Sheet and Income Statement
Mr. Flint: You have the Unaudited Financials through August 31st. If you have any questions, we can discuss those. No action is required. We are a little over 100% collected on our on-roll assessments and 100% collected on our direct assessments. We've collected about
$10,000 in special event revenue against a prorated budget of $11,000, which is pretty good. Our actual expenses on the admin side are in line with our prorated budget and our O&M expenses are under our prorated budget, because we budget for certain phases coming online. It looks like our landscape expenses, our actuals are under our budget, at this point, just based on timing. Everything looks good from a budgetary perspective. If there are any questions, we can talk about it. If not, we can move on to the Amenity Manager’s Report.

Amenity Manager’s Report
Ms. Calleja: Good morning.
Mr. Flint: We had two clubhouse rentals in September. There's a recap of September's event. The weather made us cancel a couple of events. The events schedule for October is also listed and the Pool Usage Report is included. Are there any questions?
Mr. Flint: Are there any questions on the Amenity Manager’s Report? If not, Alan, will present the Field Manager’s Report.

Field Manager’s Report
Mr. Scheerer: Included in the agenda package is an addendum to the landscape services contract for United Land to include just landscape only for Phase 6. We had locked that early in September. We had a couple of things that needed to be corrected and those were corrected. We revisited it again in September. We've agreed that the landscaping is good to be turned over to the District. This does not include the hardscape, just so everybody knows. I think we've got most of the hardscape in place other than that pergola. This is landscape only for Phase 6. I also spoke with Rob at Lennar about some of the home building damages that's going on over there. A report was generated. So, we're tracking that. Lennar agreed to restore whatever stands through the home building in Phase 6, once they're done working in that area. This number is in

the budget. It was contemplated for 2023 and 2022 is actually in the budget for 2022 as well. Unless the Board has any questions regarding that, we are seeking approval of this addendum starting in September.
Mr. Vidrine: Thank you, Alan. I think I heard that, just as a recap, any damage that is currently on there, because its typical construction, we understand that wouldn't come out of the CDD. Lennar will fix that.
Mr. Scheerer: Yeah. I spoke with Rob about that extensively at the last meeting. He is in agreement that Lennar would correct them. Today, when I was driving down Phase 6, I saw an oversized front-end loader driving through…
Mr. Vidrine: Very typical. Then as far as the turnover of the hardscape, when that occurs, once it's completed, is that a separate contract or how does that work?
Mr. Scheerer: We’ll just accept that by then and we'll add all of that to the insurance. We'll go through and take a look, make sure it was installed properly and the number of pieces that was expensed for the hardscape, are in place. Once we get back, we'll get the SOBs from Lennar as to what the costs are and then we'll put together a small report, send it to our insurance provider and they will add it to the insurance going forward. But right now, we have not accepted any of the hardscaping because the pergola has not been solved.
Mr. Vidrine: Okay.
Ms. Trucco: I will do a quick transfer of the hardscape. Mr. Vidrine: Great.
Ms. Trucco: The District Engineer will sign it. Mr. Vidrine: Okay.
Mr. Warren: That was my question. Make sure everything's complete and in place before I sign it.
Mr. Scheerer: Of course. Mr. Vidrine: Okay.
Mr. Scheerer: We have a lot of these. We know that it's supposed to be there. We'll just go through and do a quick field check. Like I said, the only thing we're really missing, from what I can tell right now, is the pergola. So, we'll get with United Land. They are in Jacksonville now. Just a real quick update on the small accident we had at the entrance. Marcia and her team, including Larissa, got with the police and we got the police report. We have all of the

information. They've contacted the insurance provider for the driver and they're aware. We got a case number that will tie to that particular accident. We've got the numbers for the landscaping. We got some numbers from Jack who did the original install. He’s trying to find the exact ledgestone. If that becomes a problem, we may ask him to just replace the ledgestone and we can file that with their insurance and they can pay for that. But we're ready to go. Again, we’re waiting for Jack to get the ledgestone, get that done, and then once they're done getting that, we'll come in and do the landscaping around here with the different plant material.
Mr. Flint: Don't wait for the insurance.
Mr. Scheerer: No, sir. We're just waiting on the install. Like I said, if Jack can’t get the exact match, I've already talked with the Marcia and Larissa. We'll just replace it and bill it to the insurance. We’ll just say, “Here it is. This is what you owe us. Thank you. It's done.” We're not waiting on them at all. We did have the hurricane. Obviously, we were pretty fortunate. From a field perspective, we were out here the very next day after the storm passed. Mr. John Moreland with United Land was actually out here as well. We had a number of trees down, mostly on the east side of Pulte because they were the newer trees. All of those have been staked and stood up and they look really good. Everything on Cross Prairie Parkway West looks pretty good. We've got a handful of street trees that we're working to get through around some of the communities that will also be addressed as well. So, other than that, I think we've fared pretty well here. We really didn't have a lot of damage. I see the canals on Cross Prairie Parkway East at the end. We're getting a little bit of residual off of that, so hopefully these lakes at some point, start to recede. Other than that, I think things went well.
Mr. Flint: Yeah. This community did great compared to some of the other ones in Kissimmee and some other areas that had significant water.
Mr. Vidrine: Yeah.
Mr. Scheerer: I was happy that Mr. John Moreland with United Land was on the same page. He was already out there.
Mr. Flint: That says a lot that United was out here. Mr. Vidrine: Yeah.
Mr. Flint: Because you struggle sometimes with some of the bigger companies like Yellowstone and Down to Earth and getting their attention.

Mr. Vidrine: The only thing that I noticed and I'm sure you did, was that some of the street signs need to be straight as well?
Mr. Scheerer: Yeah. Should we not go through the City of St. Cloud for those since the roads were turned over to the city.
Mr. Flint: They are the city’s signs.
Mr. Scheerer: We can ask them and if they don't do it, I don't think it will be a big deal.
We kind of left the signs to the city.
Mr. Vidrine: As long as it’s not a safety issue. Mr. Scheerer: I'll be happy to facilitate that.
Mr. Vidrine: There’s just a handful of them.
Mr. Scheerer: Yeah. I saw them coming in, especially on Cross Prairie Parkway coming in. Just some of the divided highway signs and stuff like that, but we can take care of that.
Mr. Vidrine: Thank you. Mr. Scheerer: Yes sir.

Consideration	of	Addendum	to	Phase	6	Landscape Maintenance Contract
Mr. Flint: Alright. You have the Landscape Addendum for Phase 6. Does that need to be approved?
Mr. Scheerer: Yes. We're seeking approval for that.
Mr. Flint: It would be approved subject to District Counsel preparing the front-end addendum to it. This is just a proposal.
Ms. Trucco: Okay.
Mr. Scheerer: Let me know if you will just take what's in the agenda or you want me to send you something.
Mr. Flint: We need a motion to approve the Addendum for Phase 6, retroactive to September 1st?

SEVENTH ORDER OF BUSINESS	Other Business
Mr. Flint: That's all we had on the agenda. Was there anything else that the Board wanted to discuss that wasn't on the agenda? I know we're working on the boundary amendment. There are still some moving parts to that, that are going to impact the legals.
Mr. Warren: We're almost done with the legal descriptions and such.
Mr. Flint: I don't think any other approval is required by the Board to move forward with that. It's just getting the petition finalized.

EIGHTH ORDER OF BUSINESS	Supervisors Requests
There being none, the next item followed.

NINTH ORDER OF BUSINESS	Adjournment

Secretary / Assistant Secretary	Chairman / Vice Chairman

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RESOLUTION 2023-05

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE TOHOQUA COMMUNITY DEVELOPMENT DISTRICT FINALIZING THE SPECIAL ASSESSMENTS SECURING THE DISTRICT’S SERIES 2022 (PHASE 3/6 PROJECT) SPECIAL ASSESSMENT REVENUE BONDS; PROVIDING FOR SEVERABILITY, CONFLICTS AND AN EFFECTIVE DATE.

WHEREAS, the Tohoqua Community Development District (the “District”) is a local unit of special purpose government organized and existing under and pursuant to Chapter 190, Florida Statutes, as amended, of the State of Florida; and

WHEREAS, on September 25, 2017, the Board of Supervisors (the “Board”) of the District adopted Resolution No. 2017-19 authorizing, among other things, the issuance of not to exceed $94,500,000 aggregate principal amount of its special assessment bonds in order to finance the costs of the construction, installation and acquisition of public infrastructure, improvements and services on lands within the District; and

WHEREAS, the District duly authorized and issued Tohoqua Community Development District Special Assessment Bonds, Series 2022 (the “Series 2022 Bonds”) in the amount of
$2,120,000 for the purpose of funding the construction, installation and acquisition of public infrastructure, improvements and services; and

WHEREAS, the Tohoqua Community Development District Engineer’s Report Fifth Supplemental Engineer’s Report for Phase 3 & 6 (Phase 3 & 6 Project), dated September 20, 2022, attached to this Resolution as Exhibit “A” (the “Engineer’s Report”), identifies and describes the components of the project financed with the Series 2022 Bonds (the “Phase 3/6 Project”); and

WHEREAS, the Engineer’s Report estimated capital costs totaling $71,870,000, a portion of which was to be paid directly by the developer; and

WHEREAS, the total cost to the District for the improvements associated with the Phase 3/6 Project was estimated at $4,510,989 (“Total Project Costs”); and

WHEREAS, pursuant to the terms of the Supplemental Assessment Methodology for Assessment Area Five (Phase 3/6 Project), dated October 14, 2022 (the “Assessment Methodology”), the estimated total costs paid for by the Series 2022 Bonds inclusive of capital costs, financing costs, capitalized interest, reserve funds and contingencies totaled approximately
$2,120,000; and

WHEREAS, on November 1, 2017, the Board, after notice and public hearing, met as an equalizing Board pursuant to the provisions of Section 170.08, Florida Statutes, and adopted Resolution 2018-07 authorizing and confirming the projects described therein, equalizing and levying special assessments to defray the adjusted Total Project Costs and providing that this
levy shall be a lien on the property so assessed co-equal with the lien of all state, county, district, municipal or other governmental taxes, all in accordance with Section 170.08, Florida Statutes (“Special Assessment Lien”); and

NOW, THEREFORE, be it resolved by the Board of Supervisors of Tohoqua Community Development District:

Recitals. The recitals so stated are true and correct and by this reference are incorporated into and form a material part of this Resolution.

Authority for this Resolution. This Resolution is adopted pursuant to the provisions of Florida law, including Chapters 170 and 190, Florida Statutes.

Finalization of Special Assessments Securing the Series 2022 Bonds. Pursuant to Section 170.08, Florida Statutes, and District Resolution 2018-07, special assessments securing the Series 2022 Bonds on all developable land within the District are to be credited the difference in the assessment as originally made, approved and confirmed and a proportionate part of the Actual Project Costs of the Phase 3/6 Project. Attached hereto as Exhibit “B,” and incorporated herein by reference, is the Assessment Methodology which accurately reflects the amount of special assessments of the Series 2022 Bonds. The assessments levied pursuant to Resolution 2018-07 also correctly reflect the outstanding debt due on the Series 2022 Bonds. Therefore, pursuant to Section 170.08, Florida Statutes, and Resolution 2018-07, the special assessments on parcels specially benefited by the Phase 3/6 Project are hereby finalized in the amount of the outstanding debt due on the Series 2022 Bonds in accordance with Exhibit “B” herein, and is apportioned in accordance with the methodology described in Exhibit “B,” upon the specially benefited lands indicated in the District’s Assessment Lien Roll attached as part of the Assessment Methodology, and reflects the finalized assessments due on the parcels benefited by the Series 2022 Bonds.

Improvement Lien Book. Immediately following the adoption of this Resolution these special assessments as reflected herein shall be recorded by the Secretary of the Board of the District in the District’s “Improvement Lien Book.” The special assessment or assessments against each respective parcel shall be and shall remain a legal, valid and binding first lien on such parcel until paid and such lien shall be co-equal with the lien of all state, county, district, municipal or other governmental taxes and superior in dignity to all others liens, titles and claims.

Other Provisions Remain in Effect. This Resolution is intended to supplement Resolution 2018-07, which remains in full force and effect. This Resolution and Resolution 2018-07 shall be construed to the maximum extent possible to give full force and effect to the provisions of each resolution. All District resolutions or parts thereof in actual conflict with this Resolution are, to the extent of such conflict, superseded and repealed.

Severability. If any section or part of a section of this Resolution is declared invalid or unconstitutional, the validity, force and effect of any other section or part of a section of this Resolution shall not thereby be affected or impaired unless it clearly appears that such
other section or part of a section of this Resolution is wholly or necessarily dependent upon the section or part of a section so held to be invalid or unconstitutional.

Conflicts. All resolutions or parts thereof in conflict herewith are, to the extent of such conflict, superseded and repealed.

Effective Date. This Resolution shall take effect immediately upon its adoption.

APPROVED AND ADOPTED this 2nd day of November, 2022.

[SIGNATURES ON FOLLOWING PAGE]
SIGNATURE PAGE FOR RESOLUTION 2023-05

TOHOQUA COMMUNITY
ATTEST:	DEVELOPMENT DISTRICT

By:	

Name: George S. Flint	Name: Andre M. Vidrine

Title: Secretary	Title: Chairman

Exhibit “A”: Engineer’s Report
Exhibit “B”: Assessment Methodology
EXHIBIT “A”

ENGINEER’S REPORT

[ATTACHED BELOW]

Tohoqua Community Development District
FIFTH SUPPLEMENTAL ENGINEER'S REPORT FOR PHASE 3 & 6 (PHASE 3 & 6 PROJECT)

Prepared For
Tohoqua Community Development District

Date
September 20, 2022

2602 East Livingston Street | Orlando, Florida 32803 | Tel: 407.487.2594 | www.poulosandbennett.com FBPE Certificate of Authorization No. 2856

Tohoqua
Community Development District
FIFTH SUPPLEMENTAL ENGINEER'S REPORT FOR PHASE 3 & 6 (PHASE 3 & 6 PROJECT)
Osceola County, Florida

Prepared For:
Tohoqua Community Development District

Date:
September 20, 2022

2602 East Livingston Street | Orlando, Florida 32803 | Tel: 407.487.2594 | Fax: 407.487.2594 | www.poulosandbennett.com FBPE Certificate of Authorization No. 28567

Table of Contents

Section 1	Introduction
Background
Location & General Description
District Purpose and Scope
Description of Land Use

Section 2	Government Actions

Section 3	Infrastructure Benefit

Section 4	Capital Improvement Plan

Section 5	Description of Capital Improvement Plan
Roadway Improvements
Stormwater Management
100-Year Floodplain
Master Infrastructure
Primary Roadways
Potable Water Distribution System
Reclaimed Water Distribution System
Wastewater System
Parks, Landscape and Hardscape
Professional and Inspection Fees

Section 6	Ownership & Maintenance

Section 7		Roadway Rights-of-Way, Stormwater Management Ponds & Other Open Spaces

Section 8	Estimate of Probable Capital Improvement Costs Section 9	Conclusions and Summary Opinion

Exhibits

Exhibit 1	Vicinity Map

Exhibit 2	Location Map

Exhibit 3	Tohoqua Phase 4 & 5 Master Site Plan

Exhibit 4	District Boundary Map and Legal Description Exhibit 5	Proposed Public and Private Uses Within the CDD Exhibit 6	Concept Plan
Exhibit 7	Post-Development Basin Map

Exhibit 8	FEMA 100-Year Floodplain

Exhibit 9	Potable Water Distribution System Map Exhibit 10	Reclaimed Water Distribution System Map Exhibit 11	Wastewater System Map
Exhibit 12	Estimate of Probable Capital Improvement Costs

Exhibit 13	Permit Log

Attachments

Attachment A	Phase 3 Legal Description Attachment B	Phase 6 Legal Description

Section 1    Introduction
Background
The District Engineer’s Report, dated September 25, 2017, described the scope and estimated cost of the District’s capital improvement program (the “CIP”) serving the entire Tohoqua Community Development District (the “District”). The CIP is estimated to cost approximately $71.870 million and includes public roadways, stormwater ponds, potable water distribution, sanitary sewer system, reclaimed water distribution, off-site utility and roadway improvements, an amenity site, parks, landscaping, hardscape, professional fees and contingency. This Fifth Supplemental Engineer’s Report, dated August 29, 2022 (the “Fifth Supplemental Engineer’s Report for Phase 3 & 6 (Phase 3 & 6 Project)”), has been prepared to assist with the financing and construction of the public infrastructure components for the initial sub-phases of the third and sixth phase of the Development within the District in the approximate amount of $4.51 million (the "Phase 3 & 6 Project") pursuant to requirements of Osceola County and the City of St. Cloud, Florida.

The Phase 3 & 6 Project described in this Fifth Supplemental Engineer’s Report includes the proposed public infrastructure improvements necessary for the development of Phase 3 & 6 which constitute the initial sub- phases of the District’s third and sixth phase development parcels. The capital improvement costs compiled and contained in this report are only those costs for Phase 3 & 6. Many of the necessary regulatory approvals have been obtained for the Development (hereinafter defined). The remaining permits necessary to complete the Development are expected to be obtained during the normal design and permitting processes. To the best of our knowledge and belief it is our opinion that the balance of the required permits are obtainable as needed. The implementation of any improvements discussed in this plan requires the final approval by many regulatory and permitting agencies as outlined in Section 2 below. This report, therefore, may be amended from time to time.

Cost estimates contained in this report have been prepared based on the best available information at this time. The actual costs of construction, final engineering design, planning, approvals and permitting may vary from the cost estimates presented.

Location and General Description
The overall Tohoqua CDD is a 784-acre tract currently located in unincorporated Osceola County, Florida. More specifically, the parcel is located within a portion of Sections 5 and 6, Township 26 South, Range 30 East lying south of Neptune Road, west of the Florida Turnpike, and east of the permitted Toho Preserve development. Phase 3 & 6 of the overall project consists of approximately 45 acres of the District. Phase 3 & 6 comprise 31.26 & 13.99 acres of the CDD respectively. Legal Descriptions for Phase 3 & 6 are included as Attachments A and B respectively. Phase 3 is planned to include 155 single family homes and open space recreation. Phase 6 is planned to include 61 single family homes and open space recreation. Please refer to Vicinity Map Exhibit 1 and Location Map Exhibit 2. The proposed Phase 3 & 6 Project is part of the multi- phase development and specifically includes onsite infrastructure improvements only with no proposed offsite improvements. Please refer to the Tohoqua Phase 3 & 6 Master Site Plan Exhibit 3. Zoning for the Development was approved by Osceola County on February 3, 2016.

It should be noted that the property was previously located in unincorporated Osceola County but has been annexed into the City of St. Cloud.

The District Boundary and Legal Description are included as Exhibit 4.

District Purpose and Scope
The District was established for the purpose of financing, acquiring or constructing, maintaining and operating a portion of the public infrastructure necessary for community development within the District. The purpose of this report is to provide a description of the public infrastructure improvements that may be financed by the District. The District may finance, acquire and/or, construct, operate, and maintain certain public infrastructure improvements that are needed to serve the Development. A portion of the infrastructure improvements will be financed with the proceeds of bonds issued by the District.

The proposed public infrastructure improvements, as outlined herein, are necessary for the development of the District as required by the applicable independent unit of local government.

Description of Land Use
The lands within the overall District encompass approximately 784 acres. Based on the current MXD Zoning for the property, the development program is currently planned to include 2,216 single family homes, 1,004 multi-family units, 480,100 square feet of commercial/office space, 200 hotel rooms, a K-8 school site and a high school site. The approved land uses within the District include the following areas. Exhibit 5 provides the location of the development uses below. Exhibit 6 shows the current land use.

Proposed Development	Approximate Acres	
Private	322.6	
Schools	66.0	
Stormwater	132.4	
Amenities, Parks and Open Space	36.8	
Roads Alleys & Utility Tracts	183.3	
Conservation	42.9	
Total Acres	784.0	

Section 2   Government Actions

The following are the permitting agencies that will have jurisdiction for approval of construction within the District. Depending on the location and scope of each phase of project design, the individual permits that need to be obtained will need to be evaluated and not all of the permits listed below will necessarily apply to every sub-phase within the District. The property is currently located within the City of St. Cloud.

Permitting Agencies & Permits Required
Osceola County (while located in unincorporated Osceola County)
Preliminary Subdivision Plan

Mass Grading (optional)
Site Development Plan
Final Plat
South Florida Water Management District (SFWMD)
Environmental Resource Permit
Mass Grading/Master Stormwater Construction
Final Engineering for Onsite and Offsite Improvements
Water Use Permit (Dewatering)
Mass Grading/Master Storm
Final Engineering for Onsite and Offsite Improvements
City of St. Cloud
Final Engineering Construction Plans for Water, Sewer, and Reclaimed Water Systems
Concept Plan Revisions (upon annexation)
Preliminary Subdivision Plan (upon annexation)
Final Construction Plans for Streets and Drainage (upon annexation)
Final Plat (upon annexation)
Florida Department of Environmental Protection (FDEP)
Water Distribution System
Sanitary Sewer Collection and Transmission System
National Pollutant Discharge Elimination System (NPDES)
Federal Emergency Management Agency
Letter of Map Revision
Army Corp of Engineers
Dredge and Fill Permit
Canal Crossing Permit
Florida Fish and Wildlife Conservation Commission (FWC)
State of Florida Department of Transportation
Utility Permit
Drainage Connection Permit

Exhibit 13 lists the permits that have currently been obtained for Phase 3 & 6.

Section 3   Infrastructure Benefit

The District will fund, and in certain cases maintain and operate public infrastructure yielding two types of public benefits. These benefits include:
Project wide public benefits
Incidental public benefits
The project wide public benefits are provided by infrastructure improvements that serve all lands in the District. These public infrastructure improvements include construction of the master stormwater management system, the sanitary sewer, potable water, and reclaimed water mains, roadway network, offsite roadway and utility improvements, perimeter landscape and irrigation improvements within the District boundary. Some incidental public benefits include those benefits received by the general public who do not necessarily reside on land owned or within the District.

The proposed capital improvements identified in this report are intended to provide specific benefit to the assessable real property within the boundaries of the District. As much of the property is currently undeveloped, the construction and maintenance of the proposed infrastructure improvements are necessary and will benefit the property for the intended use. The District can construct any portion or all of the proposed infrastructure. In addition, the District can acquire, own, operate and/or maintain infrastructure not dedicated to the County or City. The Developer or other party/parties will construct and fund the infrastructure outside of the District and/or not funded by the District.

Section 4   Phase 3 & 6 Project

The Phase 3 & 6 Project addressed in this Fifth Supplemental Engineer’s Report includes elements that are only internal to the District. The proposed onsite infrastructure improvements include the master stormwater management and drainage systems, roadway improvements, pavement markings and street signage, potable water main, reclaimed water main and sewer infrastructure required to provide utility service to the District, landscaping, hardscaping and recreation areas. This project does not include any proposed offsite improvements. Descriptions of the proposed capital improvements are provided in the following sections and Exhibits 5, 7 and 9 through 11. Exhibit 12 details the Cost Opinion for the Phase 3 & 6 Project.

Section 5	Description of Series Phase 3 & 6 Project Capital Improvement Plan

Roadway Improvements
The District will not be responsible for funding roadway construction internal to the District consisting of local roadways and alleys. The funding of Cross Prairie Parkway was by the Developer under a Separate Reimbursement Agreement with Osceola County. The Developer will pay all costs associated with road improvements for which impact fee credits are payable pursuant to transportation or other development agreements. The costs for such improvements are not included on Exhibit 12. Exhibit 5, Public and Private Improvements, provides a graphical representation of the proposed roadway improvements. All local roadways will be open to the public.

Stormwater Management
As indicated above, the District may fund the construction of the master stormwater management system for the lands within the District. This system is made up of an existing wet detention stormwater treatment pond as well as control structures, spreader swales, inlets, manholes and storm pipes. The existing pond and proposed outfall structures have been designed to provide water quality treatment and attenuation in accordance with Osceola County and the South Florida Water Management District regulations. The stormwater management system has been designed to accommodate on-site runoff in addition to offsite flows which have historically entered the project site. Exhibit 7, Post-Development Basin Map provides a graphical representation of the currently proposed stormwater management system. Stormwater Pond 1 within the project boundary is an existing pond that was previously constructed as part of the Cross Prairie Pkwy roadway improvements.

100-Year Floodplain
Pursuant to the Federal Emergency Management Agency’s (FEMA) Flood Insurance Rate Map (FIRM) panels 12097C 0090G 12097G and 12097C 0255G both dated June 18, 2013, a portion of the Phase 3 site is

located within the 100-year Flood Hazard Area (FHA), Zone A. Exhibit 8, FEMA 100-Year Floodplain details the floodplain limits relative to the District boundaries.

Any development within the mapped floodplain will require a Letter of Map Revision to be issued by FEMA to remove the development from the floodplain. In addition, the placement of fill within the floodplain is regulated by the SFWMD and Osceola County any filled areas below the floodplain may require mitigation in the form of compensating storage.

A Letter of Map Revision is required for the Phase 3 improvements.

Phase 3 & 6 Infrastructure
Phase 3 & 6 Roadways
The Phase 3 & 6 Project does not include any of the Phase 3 & 6 roadway improvements. Instead, the Phase 3 & 6 roadway improvements are to be developer funded. Phase 3 & 6 roadways will be public and owned and maintained by the City. Phase 3 & 6 include approximately 8,536 linear feet of road and will define the ingress and egress points within the Developments. Phase 3 includes 4,333 linear feet and Phase 6 includes 4,203 linear feet of roadway. In addition to the roadways, the Phase 3 improvements include approximately 1,558 linear feet of public alleys. Phase 6 improvements include approximately 638 linear feet of public alleys. The roadways and alleys will also serve as locations for the placement of utility infrastructure needed to serve the development of the project, see Exhibit 4. The Phase 3 roadways will connect to Cross Prairie Parkway. The Phase 6 roadways will connect to Cross Prairie Parkway and portions of Phase 1 & 4 and another unspecified future phase. No offsite roadway or intersection improvements are being constructed as part of Phase 3 & 6.

Potable Water Distribution System
The District may fund the construction of the water distribution system within the District and those portions required to connect to existing or proposed offsite facilities. The potable water system will be conveyed to, and owned and maintained by the City of St. Cloud once it has been certified complete. The water mains within the District will be sized to provide water to residents of the District and will be designed and constructed based on the approved Master Utility Plan (MUP). Exhibit 9, Potable Water Distribution System Map, provides a graphical representation of the contemplated water mains to be constructed within Phase 3 & 6 and the overall District.

Reclaimed Water Distribution System
The District may fund the construction of the reclaimed water distribution system within the District. The reclaimed water system will be conveyed to, and owned and maintained by the City of St. Cloud once it has been certified complete by the District. The reclaimed water mains serving the District will be sized to provide reclaimed water to the lot boundaries and common areas within the District and will be designed and constructed based on the approved MUP. Phase 3 & 6 will be served by the offsite reclaim water main which was constructed as part of Cross Prairie Parkway. Exhibit 10, Reclaimed Water Distribution System Map, provide a graphical representation of the existing and proposed offsite reclaimed water system and onsite Phase 3 & 6 and overall system contemplated within the District.

Wastewater System
The District may fund the construction of the gravity sewer, force main, and lift station infrastructure within the District and those portions required to connect to existing or proposed offsite facilities. The wastewater system will be conveyed to, and owned and maintained by the City of St. Cloud once it has been certified complete by the District. The sewer collection mains, lift stations and force mains serving the District will be sized to provide wastewater service to the residents of the District, and will be designed and constructed based on the approved MUP. Exhibit 11, Wastewater System Map, provide a graphical representation of the existing offsite wastewater system and onsite Phase 3 & 6 and overall system contemplated within the District. The Wastewater systems for Phase 3 & 6 connect to the previously constructed system in Cross Prairie Parkway.

The funding of offsite wastewater improvements is by the Developer under a separate Reimbursement Agreement with the City of St. Cloud. The Developer will pay all costs associated with utility improvements for which impact fee credits are payable pursuant to development agreements.

Parks, Landscape & Hardscape
The Phase 3 & 6 landscaping and irrigation of the primary roadways will provide the “first impression” of the Development. The District may fund parks, landscape and hardscape construction and maintenance within roadways and common areas which may include perimeter landscape buffers, master signage, way finding signage, entry hardscape features, entry landscape, amenity area and park area features, landscape and hardscape, pedestrian/multi-purpose trails, and street trees. The District will own and maintain foregoing improvements.

Professional and Inspection Fees
For the design, permitting and construction of the proposed Phase 3 & 6 Project, professional services are required by various consultants. The consultants required are: civil engineer, geotechnical, planner, environmental, surveying, and landscape architect. During construction, the various permitting agencies will observe and inspect the project. Each of the agencies will charge an inspection fee to cover the costs associated with an inspector visiting the site to observe construction progress and confirm that the project is constructed in accordance with their respective approved plans, permits, rules, and regulations. The Professional Services and Inspections Fees are included as Soft Costs for the Phase 3 & 6 Project.

Section 6 Ownership and Maintenance			
Proposed District Capital Improvements Plan	Ownership	Maintenance	
Onsite Roadway & Alley Improvements	City	City	
Master Stormwater Management System	District	District	
Potable Water Distribution System	City of St. Cloud	City of St. Cloud	
Sanitary Sewer System	City of St. Cloud	City of St. Cloud	
Reclaimed Water Distribution System	City of St. Cloud	City of St. Cloud	
Parks, Landscaping, Irrigation and Signage	District	District	

Section 7 Roadway Rights-of-Way, Stormwater Management Ponds and Other Open Spaces

Real property interests for lands within the District needed for construction, operation, and maintenance of District facilities will be conveyed and/or dedicated by the owner thereof to the District or other Public entity at no cost.

Section 8 Estimate of Probable Capital Improvement Costs

The Estimate of Probable Costs for the Phase 3 & 6 Project is provided in Exhibit 12. Costs associated with construction of the Phase 3 & 6 improvements described in this report have been estimated based on the best available information. Other soft costs include portions of the surveying, design and engineering for the described work, regulatory permitting inspection fees and materials testing. In addition, a reasonable project contingency estimate has been included. Please note that the costs are subject to change based on final engineering, permitting, and changes in the site plan and construction cost due to market fluctuation.

Section 9 Conclusions and Summary Opinion

The Phase 3 & 6 Project as described is necessary for the functional development of the property within Phases 3 & 6 of the District as required by the applicable local governmental agencies. Phase 3 & 6 infrastructure has been planned and designed in accordance with current governmental regulatory requirements. The public infrastructure as described in this Fifth Supplemental Engineer’s Report will serve its intended function provided the construction is in substantial compliance with the design and permits which will be required for the District by the various jurisdictional entities outlined earlier in this report. In addition to the annual non-ad valorem assessments to be levied and collected to pay debt service on the proposed bonds, the District will levy and collect an annual "Operating and Maintenance" assessment to be determined, assessed and levied by the District's Board of Supervisors upon the assessable real property within the District, for the purpose of defraying the cost and expenses of maintaining District-owned improvements.

The construction costs for the Phase 3 & 6 Project in this Fifth Supplemental Engineer’s Report are based on the approved plans. In our professional opinion, and to the best of our knowledge and belief, the costs provided herein for the Phases 3 & 6 improvements are reasonable to complete the construction of the

infrastructure improvements described herein. All of the proposed Phase 3 & 6 Project costs are to be public improvements or community facilities as set forth in sections 190.012(1) and (2) of the Florida Statutes.

The summary of probable infrastructure construction costs is only an opinion and not a guaranteed maximum price. Historical costs, actual bids and information from other professionals or contractors have been used in the preparation of this report. Contractors who have contributed in providing the cost data included in this report are reputable entities with experience in Central Florida.

The labor market, future costs of equipment and materials, increased regulatory actions and requirements, and the actual construction process are all beyond our control. Due to this inherent opportunity for fluctuation in cost, the total final cost may be more or less than this opinion.

As District Engineer: Poulos & Bennett, LLC

Eric E. Warren, PE
State of Florida Professional Engineer No. 45423

Exhibits

LEGEND

CDD Boundary

Vicinity Map
Tohoqua CDD	N

August 26, 2022
P & B Job No.: 21-029

2602 E. Livingston St. Orlando, Florida 32803- 407.487.2594

www.poulosandbennett.com Certificate of Authorization No. 28567

Exhibit 1

PHASE 3 BOUNDARY

TOHOQUA CDD BOUNDARY
LEGEND

CDD Boundary

Existing Phases Boundaries
Phases 6 & 3 Boundary

PHASE 2 BOUNDARY

PHASE 4A BOUNDARY

PHASE 5A BOUNDARY

PHASE 1 BOUNDARY

PHASE 6 BOUNDARY

PHASE 4B BOUNDARY

PHASE 5B BOUNDARY

Location Map
Tohoqua CDD	N

August 26, 2022
P & B Job No.: 21-029

2602 E. Livingston St. Orlando, Florida 32803- 407.487.2594

www.poulosandbennett.com Certificate of Authorization No. 28567

Exhibit 2
TOHOQUA CDD BOUNDARY

PHASE 3 BOUNDARY

PHASE 4A BOUNDARY

General Site Data

PHASE 1 BOUNDARY

PHASE 4B BOUNDARY

Existing Phases Boundaries
Phase 6 & 3 Boundary

PHASE 6 BOUNDARY

PHASE 5A BOUNDARY

Phases 6 & 3 Master Site Plan
Tohoqua CDD	N

August 26, 2022
P & B Job No.: 21-029

2602 E. Livingston St. Orlando, Florida 32803- 407.487.2594

www.poulosandbennett.com Certificate of Authorization No. 28567

Exhibit 3

District Boundary Map and Legal Description
Tohoqua CDD	N

September 15, 2017
P & B Job No.: 12-044

2602 E. Livingston St. Orlando, Florida 32803- 407.487.2594

www.poulosandbennett.com Certificate of Authorization No. 28567

Exhibit 3
LEGEND

PHASE 4A BOUNDARY

CDD Boundary

Ex. Phases Boundary

Phases 6 & 3 Boundary

PHASE 3 BOUNDARY

Private

PHASE 2 BOUNDARY

PHASE 1 BOUNDARY

PHASE 5A BOUNDARY
HOA/CDD Park Space

CDD Stormwater Tracts Schools
Conservation Area County/City Roads & Utilities
County/City Alley's & Utilities

Private Roads (Public Utilities)

TOHOQUA CDD BOUNDARY

PHASE 6 BOUNDARY
PHASE 5B BOUNDARY

PHASE 4B BOUNDARY

Note:
Concept plan subject to revisions as approved by County or City

Proposed Public & Private Uses Within CDD
Tohoqua CDD	N

August 26, 2022
P & B Job No.: 21-029

2602 E. Livingston St. Orlando, Florida 32803- 407.487.2594

www.poulosandbennett.com Certificate of Authorization No. 28567

Exhibit 5

Note:
Concept plan subject to revisions as approved by County or City

Concept Plan
	Tohoqua CDD	

1200	0	1200	2400
LEGEND

Basin- 2S
11

CDD Boundary
Existing Phases Boundary
Phases 6 & 3 Boundary
Conservation Area Basin Boundary
Basin ID Stormwater Pond ID

Stormwater Pond

Note:
Concept plan subject to revisions as approved by County or City

Post Development Basin Map
Tohoqua CDD	N

August 26, 2022
P & B Job No.: 21-029

2602 E. Livingston St. Orlando, Florida 32803- 407.487.2594

www.poulosandbennett.com Certificate of Authorization No. 28567

Exhibit 7

LEGEND
CDD Boundary
Existing Phases Boundary Phases 6 & 3 Boundary
Flood Plain

100 - Year Floodplain
Tohoqua CDD	N

August 26, 2022
P & B Job No.: 21-029

2602 E. Livingston St. Orlando, Florida 32803- 407.487.2594

www.poulosandbennett.com Certificate of Authorization No. 28567

Exhibit 8

TOHOQUA CDD BOUNDARY

PHASE 3 BOUNDARY

PHASE 4A BOUNDARY

P-7473 12"

PHASE 6 BOUNDARY

PHASE 1 BOUNDARY

8"
Exist. Phases Boundary

Phases 6 & 3 Boundary

Potable Water Distribution System
Tohoqua CDD

PHASE 4B BOUNDARY

N

August 26, 2022
P & B Job No.: 21-029

2602 E. Livingston St. Orlando, Florida 32803- 407.487.2594

www.poulosandbennett.com Certificate of Authorization No. 28567

Exhibit 9

TOHOQUA CDD BOUNDARY

PHASE 3 BOUNDARY

PHASE 4A BOUNDARY

PHASE 6 BOUNDARY

P-7328

PHASE 1 BOUNDARY

P-7625

Exist. Phases Boundary Phases 6 & 3 Boundary

PHASE 4B BOUNDARY

Reclaim Water Distribution System
Tohoqua CDD	N

August 26, 2022
P & B Job No.: 21-029

2602 E. Livingston St. Orlando, Florida 32803- 407.487.2594

www.poulosandbennett.com Certificate of Authorization No. 28567

Exhibit 10

PHASE 3 BOUNDARY

PHASE 4A BOUNDARY

PHASE 6 BOUNDARY

PHASE 1 BOUNDARY

Wastewater Collection System
Tohoqua CDD	N

August 26, 2022
P & B Job No.: 21-029

2602 E. Livingston St. Orlando, Florida 32803 - 407.487.2594

www.poulosandbennett.com Certificate of Authorization No. 28567

Exhibit 11
EXHIBIT 12		
Tohoqua CDD Phases 3 6		
Fifth Supplemental Engineers Report for Phases 3 6 (Phase 3 6 Project)		
Estimate of Probable Capital Improvement Costs		
August 30, 2022		

Facility	
Estimated Cost	

Excavation & Grading (Excavation, Grading & Erosion Control)	
$	277,299.80	
Stormwater System (Pipes & Structures)	$	1,301,203.00	
Potable Water Distribution System (Pipes, Fittings, Valves, etc.)	$	686,196.05	
Sanitary Sewer System (Pipes & Structures)	$	773,764.94	
Reclaimed Water Distribution System (Pipes, Fittings, Valves, etc.)	$	305,807.50	
Landscape & Hardscape (Landscaping, Sidewalk & Sod)	$	221,728.00	

Subtotal	
$	3,565,999.29	
Professional Fees (10%)	$	356,599.93	
Inspection, Survey & Testing Fees (5%)	$	178,299.96	

Subtotal	
$	4,100,899.18	
Contingency (10%)	$	410,089.92	

Total	
$	4,510,989.10	
PERMIT & APPROVAL CHECKLIST
DATE:  30-Aug-22	BY:
 	
COMMUNITY:	Tohoqua Phase 3	PROJECT NUMBER(S): 21-021	w/in 6 months	
EXTENSIONS AND CLOSEOUTS														
	w/in 3 months															
	EXPIRED															
PERMIT TYPE (IE:
Wetland, Land Use, Sewer Extension)	
ISSUING AGENCY	
APPLICATION NUMBER	
PERMIT NUMBER	
PERMITTEE	
TRANSFERRED TO	PERMIT TRANSFER DATE	DESCRIPTION OF PERMITTED
ACTIVITY (IE: Subdivision Approval Phase 1, Offsite Water Extension Route 51)	CURRENT STATUS (IE: Not
Submitted Yet, In Review, 2nd Submittal, Approved, Extended, Expired, Closed	
DATE SUBMITTED	
DATE ISSUED	
DATE EXPIRES	IS PERMIT EXTENDABLE? WILL NEW CONDITIONS BE ADDED TO AN EXENDED
PERMIT? (IE: Wetland Buffers, Full
Resubmission, etc.)	IS FORMAL CLOSEOUT REQ Y/N	ACTUAL CLOSEOUT DATE	SIGNIFICANT CLOSEOUT REQUIREMENTS
(IE - file 2 yr maintenance bond, 5 year wetland monitoring, file as builts & close out form, etc.)	
PSP	City of St Cloud	SUB21-00001	SUB21-00001	TDG	Subdivision PSP	Approved	8-Jan-21									
Construction Plans SDP	City of St Cloud	SUB21-00021	SUB21-00021	Lennar	Subdivision Construction Plans	Approved		2-Feb-22								
Construction Plans SDP
Amendment	
City of St Cloud	
SUB21-00021	
SUB22-00011	
Lennar	Subdivision Construction Plans Amendment	
Approved		
10-Aug-22								
Construction Plans SDP	
Osceola County	
SDP21-0147	
SDP21-0147	
Lennar	
SDP Right of Way Improvements	
Approved		
16-Mar-22								
Potable Water
Permit	FDEP		0076597-541-DSGP	Lennar			Approval of dry-line water dist. System	Approved		20-May-22	19-May-27					
Wastewater
Permit	FDEP		0354122-014-DWC/CG	Lennar			Wastewater General Permit	Approved		23-May-22	22-May-27					
Environmental
Resource Permit (ERP) Major	
SFWMD	
211001-7726		
Lennar			Conceptual/Construction of a Stormwater Management System - South Basin Modification	
in review	
22-Oct-21			
application extended to FEB-19				
PERMIT & APPROVAL CHECKLIST
DATE:  30-Aug-22	BY:
 	
COMMUNITY:	Tohoqua Phase 6	PROJECT NUMBER(S): 21-021	w/in 6 months	
EXTENSIONS AND CLOSEOUTS														
	w/in 3 months															
	EXPIRED															

PERMIT TYPE (IE:
Wetland, Land Use, Sewer Extension)	
ISSUING AGENCY	
APPLICATION NUMBER	

PERMIT NUMBER	

PERMITTEE	
TRANSFERRED TO	
PERMIT TRANSFER DATE	DESCRIPTION OF PERMITTED
ACTIVITY (IE: Subdivision Approval Phase 1, Offsite Water Extension Route 51)	CURRENT STATUS (IE: Not
Submitted Yet, In Review, 2nd Submittal, Approved, Extended, Expired, Closed Out, etc)	
DATE SUBMITTED	

DATE ISSUED	

DATE EXPIRES	IS PERMIT EXTENDABLE? WILL NEW CONDITIONS BE ADDED TO AN EXENDED
PERMIT? (IE: Wetland Buffers, Full Resubmission, etc.)	
IS FORMAL CLOSEOUT REQ Y/N	
ACTUAL CLOSEOUT DATE	SIGNIFICANT CLOSEOUT REQUIREMENTS
(IE - file 2 yr maintenance bond, 5 year wetland monitoring, file as builts & close out form, etc.)	
PSP	City of St Cloud	19-85.06	19-85.06	PNB	Subdivision PSP	Approved	21-Oct-19	14-Jan-21								
Construction Plans	City of St Cloud		SUB20-00012	PNB	Construction Plans	Approved	28-Aug-20	25-Jan-21								
FDEP Water	FDEP		0076597-509-DSGP	Lennar	General Permit for Construction of
Water Main Extensions	Approved		16-Apr-21	15-Apr-26							
FDEP
Wastewater	FDEP		0354122-012-DWC/CG	Lennar	Construct a domestic wastewater
collection/transmission system	Approved	15-Apr-21	23-Apr-21	22-Apr-26							
Construction Plans SDP	
Osceola County		
SDP21-0111	
Lennar	
ROW Improvements	
Approved		
19-Oct-21	
19-Oct-24							
Environmental
Resource Permit (ERP) Major	
SFWMD	
211026-31969	
49-106365-P	
Lennar			Conceptual/Construction of a Stormwater Management System - South Basin Modification	
Approved		
12-Jan-22	
12-Jan-27					
Tohoqua Community Development District
Fifth Supplemental Engineer’s Report for Phase 3 & 6 (Phase 3 & 6 Project)

Attachments

Page 15 of 15
ATTACHMENT A

Tohoqua Phase 3 Legal Description

A portion of Lots 7 and 8, Block 23; A portion of Lots 1 through 8, inclusive, 14 and 15, Block 25; along with portions of the platted right-of-way per THE FLORIDA DRAINED LAND COMPANY’S SUBDIVISION NO. 1, according to the plat thereof, as recorded in Plat Book “B”, Pages 65 and 66, Public Records of Osceola County, Florida;

TOGETHER WITH:

Lot 1, a portion of Lots 2, 3, 33 and 34, and Lots 35 and 36, Block 32; Lots 1 through 4, inclusive, a portion of Lots 5 through 11, inclusive, a portion of Lots 25 and 26, and Lots 27 through 36, Block 37; Lots 1 through 10, inclusive, a portion of Lots 11, 12, 13, 14,
26, 27, 28 and 29, Lots 30 through 36, inclusive, Block 48; A portion of Lots 1 through 6, inclusive, Block 53; along with portions of the platted right-of-ways per TOLIGA MANOR - UNIT C, according to the plat thereof, as recorded in Plat Book 1, Page 193, Public Records of Osceola County, Florida.

All lying in Sections 5 and 6, Township 26 South, Range 30 East, Osceola County, Florida and being more fully described as follows:

BEGIN at the intersection of the northerly right-of-way line of Cross Prairie Parkway (Tohoqua Parkway) as described and recorded in Official Records Book 4010, Page 2871, Public Records of Osceola County, Florida with the easterly right-of-way line of Macy Island Road as shown in the Road Map Book 1, Page 82, Public Records of Osceola County, Florida; thence run N 02°49'51" W, along said easterly right-of-way line, a distance of 384.98 feet to a point on the south line of the North 710.00 feet of said Lots 6, 7 and 8, Block 25, and a westerly extension thereof; thence run S 89°45'36" E, along said south line, a distance of 1,096.16 feet to a point on the southerly line of a Conservation Easement as recorded in Official Records Book 5103, Page 107, Public Records of Osceola County, Florida; thence run easterly along said southerly line, the following courses and distances: thence run S 06°50'19" E, a distance of 32.64 feet; thence run N 83°35'20" E, a distance of 73.18 feet; thence run N 72°49'14" E, a distance of 36.61 feet; thence run S 86°07'59" E, a distance of 29.20 feet; thence run S 53°24'30" E, a distance of 28.83 feet; thence run S 58°35'21" W, a distance of 45.83 feet; thence run S 38°25'48" E, a distance of 54.65 feet; thence run S 62°01'41" E, a distance of 48.13 feet; thence run N 78°10'30" E, a distance of 27.92 feet; thence run S 16°54'39" E, a distance of 35.75 feet; thence run S 51°43'49" E, a distance of 50.64 feet; thence run S 65°16'10" E, a distance of 27.45 feet; thence run N 58°43'09" E, a distance of 57.44 feet; thence run S 82°22'13" E, a distance of 150.30 feet; thence run S 64°47'58" E, a distance of 99.17 feet; thence run S 86°15'25" E, a distance of 111.50 feet; thence run N 79°56'48" E, a distance of 109.59 feet; thence run N 84°24'47" E, a distance of 115.23 feet; thence run N 67°56'27" E, a distance of 143.52 feet; thence run N 63°04'01" E, a distance of
130.76 feet; thence run N 67°01'07" E, a distance of 110.56 feet; thence run N 66°57'23"
E, a distance of 62.35 feet; thence run N 59°05'09" E, a distance of 224.72 feet to a point on the westerly line of Tract C, TOHOQUA - PHASE 1, according to the plat thereof, as recorded in Plat Book 26, Pages 173 through 181, Public Records of Osceola County, Florida; thence run southerly along the westerly line of said Tract C, the following courses and distances: run S 19°43'34" E, a distance of 13.20 feet to a point of curvature of a curve, concave northeasterly, having a radius of 50.00 feet and a central angle of 70°16'26"; thence run southeasterly, along the arc of said curve, a distance of 61.33 feet to the point of tangency thereof; thence run N 90°00’00" E, a distance of 12.45 feet to a point of curvature of a curve, concave southwesterly, having a radius of 30.00 feet and a central angle of 45°00'00"; thence run southeasterly, along the arc of said curve, a distance of 23.56 feet to the point of tangency thereof; thence run S 45°00'00" E, a distance of 43.62 feet to a point of curvature of a curve, concave southwesterly, having a radius of 30.00 feet and a central angle of 45°00'00"; thence run southeasterly, along the arc of said curve, a distance of 23.56 feet to the point of tangency thereof; thence run S 00°00'00" E, a distance of 181.74 feet to a point of curvature of a curve, concave westerly, having a radius of 555.00 feet and a central angle of 15°30'22"; thence run southerly, along the arc of said curve, a distance of 150.20 feet to a point of reverse curvature of a curve, having a radius of 50.00 feet and a central angle of 99°38'23"; thence run southeasterly along the arc of said curve, a distance of 86.95 feet to a point of reverse curvature of a curve, having a radius of 181.00 feet and a central angle of 77°45'37"; thence run southeasterly along the arc of said curve, a distance of 245.65 feet to the point of tangency thereof; thence run S 06°22'24" E, a distance of 160.06 feet to a point of curvature of a curve, concave northeasterly, having a radius of 50.00 feet and a central angle of 40°36'03"; thence run southeasterly, along the arc of said curve, a distance of 35.43 feet to the intersection with a curve, concave southwesterly, having a radius of 553.00 feet; thence, on a chord bearing of S 15°35'48" E and a chord distance of
48.08 feet, run southerly along the arc of said curve, a distance of 48.10 feet, through a central angle of 04°59'00" to a point on a non-radial line; said point lying on the aforesaid northerly right-of-way line of Cross Prairie Parkway; thence, departing the westerly line of said Tract C, run westerly along the northerly right-of-way line of said Cross Prairie Parkway, the following five (5) courses and distances: run S 83°37'36" W, a distance of
336.95 feet to a point of curvature of a curve, concave northerly, having a radius of 1,090.00 feet and a central angle of 36°22'21"; thence run westerly, along the arc of said curve, a distance of 691.95 feet to the point of tangency thereof; thence run N 60°00'03" W, a distance of 271.18 feet to a point of curvature of a curve, concave southerly, having a radius of 1,380.00 feet and a central angle of 29°59'57"; thence run westerly, along the arc of said curve, a distance of 722.54 feet to the point of tangency thereof; thence run N 90°00'00" W, a distance of 1,033.64 feet to the POINT OF BEGINNING.

Containing 31.26 acres, more or less.

Tohoqua Phase 6 Legal Description
A portion of Lots 5, 6 and 7, Block 31, FLORIDA DRAINED LAND COMPANY’S SUBDIVISION No. 1, as recorded in Plat Book B, Pages 65 and 66 of the Public Records of Osceola County, Florida;
TOGETHER WITH:
A portion of Lots 1, 2, 35 and 36, Block 30; Lots 1 and 36 and a portion of Lots 2, 3, 34
and 35, Block 39; Lots 1, 2, 34, 35 and 36 and a portion of Lots 3, 4 and 33, Block 46;
Lots 1, 2, 3, 34, 35 and 36 and a portion of Lots 4, 32 and 33, Block 55; Lots 1, 2, 3, 34,
35 and 36 and a portion of Lots 4, 5 and 33, Block 62; Lots 1, 2, 3, 4, 33, 34, 35 and 36 and a portion of Lots 5 and 32, Block 71; along with portions of the platted unimproved Right of Ways per TOLIGA MANOR – UNIT B, as recorded in Plat Book 1, Page 139 of the Public Records of Osceola County, Florida;
TOGETHER WITH:
A portion of Lots 18 and 19, Block 31; A portion of Lots 18 and 19, Block 38; Lots 17,
18, 19 and 20 and a portion of Lots 16 and 21, Block 47; Lots 18 and 19 and a portion of
Lots 16, 17 and 20, Block 54; Lot 18 and a portion of Lots 17, 19 and 20, Block 63; A portion of Lots 18 and 19, Block 70; along with portions of the platted unimproved Right of Ways per TOLIGA MANOR – UNIT C, as recorded in Plat Book 1, Page 193 of the Public Records of Osceola County, Florida;
All of the above lying within Section 5, Township 26 South, Range 30 East, being more particularly described as follows:
BEGIN at the Southeast corner of BLOWING BREEZE AVENUE as shown of the plat of TOHOQUA – PHASE 1B, as recorded in Plat Book 27, Pages 70 through 74 of the Public Records of Osceola County, Florida; thence along the East line of said TOHOQUA – PHASE 1B and the East line of TOHOQUA – PHASE 1, as recorded in Plat Book 26, Pages 173 through 181 of the Public Records of Osceola County, Florida, the following eleven (11) courses: run N20°20'00"E, a distance of 54.00 feet to a point on a Non-Tangent curve, concave to the North, having a Radius of 7,173.00 feet and a Central Angle of 00°03'07"; thence run Westerly along the arc of said curve, a distance of
6.52 feet (Chord Bearing = N69°38'26"W, Chord = 6.52 feet) to a point on a Non- Tangent curve, concave to the East, having a Radius of 1,980.00 feet and a Central Angle of 03°14'41"; thence run Northerly along the arc of said curve, a distance of 112.13 feet (Chord Bearing = N20°56'58"E, Chord = 112.12 feet) to the Point of Tangency; thence run N22°34'18"E, a distance of 1,095.34 feet to the Point of Curvature of a curve concave
to the Southeast, having a Radius of 440.00 feet and a Central Angle of 05°44'16"; thence run Northeasterly along the arc of said curve, a distance of 44.06 feet (Chord Bearing = N25°26'26"E, Chord = 44.04 feet) to the Point of Tangency; thence run N28°18'34"E, a distance of 15.21 feet to the Point of Curvature of a curve concave to the South, having a Radius of 25.00 feet and a Central Angle of 84°10'44"; thence run Easterly along the arc of said curve, a distance of 36.73 feet (Chord Bearing = N70°23'57"E, Chord = 33.51 feet) to the Point of Tangency; thence run S67°30'41"E, a distance of 99.25 feet to a point on a Non-Tangent curve, concave to the Southeast, having a Radius of 3,020.00 feet and a Central Angle of 01°36'58"; thence run Northeasterly along the arc of said curve, a distance of 85.18 feet (Chord Bearing = N27°30'06"E, Chord = 85.17 feet) to the Point of Tangency; thence run N28°18'34"E, a distance of 320.47 feet to the Point of Curvature of a curve concave to the West, having a Radius of 25.00 feet and a Central Angle of 92°31'12"; thence run Northerly along the arc of said curve, a distance of 40.37 feet (Chord Bearing = N17°57'01"W, Chord = 36.12 feet) to a point on a Non-Tangent curve, concave to the Southwest, having a Radius of 1,090.00 feet and a Central Angle of 01°29'31"; thence run Southeasterly along the arc of said curve, a distance of 28.38 feet (Chord Bearing = S63°27'52"E, Chord = 28.38 feet) to a Point of Compound Curve, concave to the Southwest, having a Radius of 6,940.00 feet and a Central Angle of 01°08'13"; thence run Southeasterly along the arc of said curve, a distance of 137.72 feet (Chord Bearing = S62°09'00"E, Chord = 137.72 feet) to a point on a Non-Tangent curve, concave to the South, having a Radius of 25.00 feet and a Central Angle of 99°44'50"; thence run Westerly along the arc of said curve, a distance of 43.52 feet (Chord Bearing = S68°32'42"W, Chord = 38.23 feet) to the Point of Tangency; thence run S18°40'17"W, a distance of 574.40 feet to the Point of Curvature of a curve concave to the West, having a Radius of 3,020.00 feet and a Central Angle of 03°54'01"; thence run Southerly along the arc of said curve, a distance of 205.59 feet (Chord Bearing = S20°37'18"W, Chord = 205.55 feet) to the Point of Tangency; thence run S22°34'18"W, a distance of 312.83 feet to a point on the North line of TOHOQUA – PHASE 4A, as recorded in Plat Book 30, Pages 124 through 129 of the Public Records of Osceola County, Florida; thence along the North and West boundary of said TOHOQUA – PHASE 4A the following three (3) courses: run N67°25'42"W, a distance of 38.00 feet; thence run S22°34'18"W, a distance of 605.51 feet to the Point of Curvature of a curve concave to the Northwest, having a Radius of 1,222.00 feet and a Central Angle of 01°38'36"; thence run Southwesterly along the arc of said curve, a distance of 35.05 feet (Chord Bearing = S23°23'36"W, Chord = 35.05 feet) to the Southwest corner of said TOHOQUA – PHASE 4A; thence continue Southwesterly along said curve through a central angle of 08°41'35", a distance of 185.41 feet to a Point of Reverse Curve, concave to the Southeast, having a Radius of
5,272.00 feet and a Central Angle of 05°33'35"; thence run Southwesterly along the arc of said curve, a distance of 511.58 feet (Chord Bearing = S30°07'42"W, Chord = 511.38 feet); thence run N62°37'46"W, a distance of 72.07 feet to a point on a Non-Tangent curve, concave to the Southeast, having a Radius of 9,039.75 feet and a Central Angle of 01°11'38"; thence run Northeasterly along the arc of said curve, a distance of 188.36 feet (Chord Bearing = N27°12'43"E, Chord = 188.36 feet) to a point on a Non-Tangent curve, concave to the Northwest, having a Radius of 2,041.80 feet and a Central Angle of 00°37'58"; thence run Northeasterly along the arc of said curve, a distance of 22.55 feet (Chord Bearing = N27°26'02"E, Chord = 22.55 feet); thence run N63°19'22"W, a distance of 140.00 feet to a point on a Non-Tangent curve, concave to the West, having a Radius of 1,677.00 feet and a Central Angle of 12°19'07"; thence run Northerly along the arc of said curve, a distance of 360.56 feet (Chord Bearing = N20°58'26"E, Chord = 359.86 feet) to a Point of Reverse Curve, concave to the East, having a Radius of 2,000.00 feet and a Central Angle of 02°58'34"; thence run Northerly along the arc of said curve, a distance of 103.88 feet (Chord Bearing = N16°18'09"E, Chord = 103.87 feet) to a point on a Non-Tangent curve, concave to the North, having a Radius of 7,227.00 feet and a Central Angle of 00°11'49"; thence run Easterly along the arc of said curve, a distance of 24.85 feet (Chord Bearing = S69°34'08"E, Chord = 24.85 feet) to the POINT OF BEGINNING.
Containing 13.99 acres, more or less.
EXHIBIT “B”

ASSESSMENT METHODOLOGY

[ATTACHED BELOW]

Tohoqua Community Development District Resolution 2023-05 – Finalizing Resolution

TOHOQUA COMMUNITY DEVELOPMENT DISTRICT SERIES 2022
SUPPLEMENTAL ASSESSMENT METHODOLOGY FOR
ASSESSMENT AREA FIVE (PHASE 3/6 PROJECT)

Date: October 14, 2022

Prepared by

Governmental Management Services – Central Florida, LLC 219 E. Livingston St.
Orlando, FL 32801
Table of Contents

Introduction	3
Purpose	3
Background	3
Special Benefits and General Benefits	4
Requirements of a Valid Assessment Methodology	5
Special Benefits Exceed the Costs Allocated	5
Assessment Methodology	5
Overview	5
Allocation of Debt	6
Allocation of Benefit	6
Lienability Test: Special and Peculiar Benefit to the Property	7
Lienability Test: Reasonable and Fair Apportionment of the Duty to Pay Non-Ad Valorem Assessments	7
True-Up Mechanism	8
Assessment Roll	9
Appendix	10
Table 1: Development Program	10
Table 2: Capital Improvement Cost Estimates	11
Table 3: Bond Sizing	12
Table 4: Allocation of Improvement Costs	13
Table 5: Allocation of Total Par Debt to Each Product Type	14
Table 6: Par Debt and Annual Assessments	15
Table 7: Preliminary Assessment Roll	16
GMS-CF, LLC does not represent the Tohoqua Community Development District as a Municipal Advisor or Securities Broker nor is GMS-CF, LLC registered to provide such services as described in Section 15B of the Securities and Exchange Act of 1934, as amended.
Similarly, GMS-CF, LLC does not provide the Tohoqua Community Development District with financial advisory services or offer investment advice in any form.
Introduction

The Tohoqua Community Development District (the “District”) is a local unit of special-purpose government organized and existing under Chapter 190, Florida Statutes as amended. The District will issue on November 4, 2022, $2,120,000 of tax exempt bonds (the “Series 2022 Bonds” or “Bonds”) for the purpose of financing infrastructure improvements within Phase 3 and Phase 6 of the Tohoqua development in an assessment area within the District referred to as Assessment Area Five or Phase 3/6. The infrastructure improvements to be financed are cumulatively referred to as the Phase 3/6 Project and are more specifically described in the Fifth Supplemental Engineer’s Report for Phase 3 & 6 (Phase 3 & 6 Project) dated September 20, 2022, prepared by Poulos and Bennet, Inc., as may be amended and supplemented from time to time (the “Engineer’s Report”). The District anticipates the construction of infrastructure improvements that benefit property owners within Assessment Area Five of the District.

Purpose

This Supplemental Assessment Methodology for Assessment Area Five (the “Assessment Report”) provides for an assessment methodology that allocates the debt to be incurred by the District to benefiting properties within Assessment Area Five within the District. This Assessment Report allocates the debt to properties based on the special benefits each receives from the Phase 3/6 Project. This Assessment Report is designed to conform to the requirements of Chapters 190 and 170, Florida Statutes with respect to special assessments and is consistent with our understanding of case law on this subject.

The District has imposed non-ad valorem special assessments on the benefited lands within Assessment Area Five within the District based on this Assessment Report. It is anticipated that all of the proposed non-ad valorem special assessments will be collected through the Uniform Method of Collection described in Chapter 197.3632, Florida Statutes or any other legal means available to the District. It is not the intent of this Assessment Report to address any other assessments, if applicable, that may be levied by the District, a homeowner’s association, or any other unit of government, or any homeowners or condominium association.

Background

The District currently comprises approximately 784 acres in Osceola County, Florida. Assessment Area Five comprises 45 developable acres within the District. The development program for Assessment Area Five of the District currently envisions construction of approximately 216 residential units. The proposed development program for Assessment Area Five is depicted in Table 1. It is recognized that such land use plan may change, and this Assessment Report will be modified or supplemented accordingly.

The improvements contemplated by the District in the Phase 3/6 Project will provide facilities that benefit the Phase 3/6 property within the District. Specifically, the District will construct and/or acquire certain excavation & grading, stormwater system, potable
water distribution system, sanitary sewer system, reclaimed water distribution system, landscape & hardscape. The acquisition and construction costs, including professional fees, inspection, survey fees, testing fees and contingency are summarized in Table 2.

The assessment methodology is a four-step process.

The District Engineer must first determine the public infrastructure improvements that may be provided by the District and the costs to implement the Phase 3/6 Project.
The District Engineer determines the assessable acres that benefit from the District’s Phase 3/6 Project.
Based upon a report from the District Engineer, a calculation is made to determine the funding amounts necessary to acquire and/or construct the Phase 3/6 Project.
Based upon a report from the District Engineer, this amount is initially divided equally among the benefited properties on a prorated assessable acreage basis. Ultimately, as land is platted, this amount will be assigned to each of the benefited properties based on the equivalent residential unit (“ERU”) for each of the platted units.

Special Benefits and General Benefits

Improvements undertaken by the District create special and peculiar benefits to the assessable property within the Assessment Area Five within the District, different in kind and degree than general benefits provided to the community as a whole.

However, as discussed within this Assessment Report, these general benefits are incidental in nature and are readily distinguishable from the special and peculiar benefits, which accrue to property within Assessment Area Five within the District. The implementation of the Phase 3/6 Project enables properties within the boundaries of Assessment Area Five within the District to be developed. Without the District’s Phase 3/6 Project, there would be no infrastructure to support development of land within Assessment Area Five within the District. Without these improvements, development of the property within Assessment Area Five of the District would be prohibited by law.

There is no doubt that the general public and property owners outside of Assessment Area Five within the District will benefit from the provision of the Phase 3/6 Project. However, these benefits will be incidental for the purpose of the Phase 3/6 Project, which is designed solely to meet the needs of property within Assessment Area Five within the District. Properties outside of Assessment Area Five within the District boundaries do not depend upon the District’s Phase 3/6 Project. The property owners within Assessment Area Five within the District are therefore receiving special benefits not received by those outside Assessment Area Five and outside the District’s boundaries.
Requirements of a Valid Assessment Methodology

There are two requirements under Florida law for a valid special assessment:

The properties must receive a special benefit from the improvements being paid for.
The special assessments must be fairly and reasonably allocated to the properties being assessed based on the special benefit such properties receive.

Florida law provides for a wide application of special assessments that meet these two characteristics of special assessments.

Special Benefits Exceed the Costs Allocated

The special benefits provided to the property owners within the District will be greater than the costs associated with providing these benefits. The District Engineer estimates that the District’s Phase 3/6 Project that is necessary to support full development of Assessment Area Five will cost approximately $4,510,989.10. However, the District is only financing a portion of the Phase 3/6 Project with the Series 2022 Bonds. The balance of the Phase 3/6 Project is intended to be funded with Developer Contributions. The District’s Underwriter has determined that financing costs required to fund a portion of the Phase 3/6 Project costs, pay costs of issuance of the Bonds, Underwriter’s discount, the funding of a debt service reserve account and capitalized interest will be $2,120,000. Without the Phase 3/6 Project, the property within Assessment Area Five of the District would not be able to be developed and occupied by future residents of the community.

Assessment Methodology

Overview

The District plans to issue approximately $2,120,000 in Bonds to fund a portion of the District’s Phase 3/6 Project, provide for capitalized interest, a debt service reserve account, Underwriter’s discount and pay costs of issuance. It is the purpose of this Assessment Report to allocate the $2,120,000 in debt to the properties within Assessment Area Five benefiting from the Phase 3/6 Project.

Table 1 identifies the land uses as identified by the Developer within Assessment Area Five of the District. The District has commissioned an Engineer’s Report that includes estimated construction costs for the Phase 3/6 Project needed to support the development, which these construction costs are outlined in Table 2. The improvements needed to support the development are described in detail in the Engineer’s Report and are estimated to cost $4,510,989. Based on the estimated costs, the size of the bond issue under current market conditions needed to generate funds to pay for a portion of the Phase 3/6 Project and related costs was determined by the District’s Underwriter to total
$2,120,000. Any additional funds needed to complete the Phase 3/6 Project will be funded by developer contributions or future bond issues. Table 3 shows the breakdown of the bond sizing.

Allocation of Debt

Allocation of District bond debt is a continuous process until the development plan is completed. A fair and reasonable methodology allocates the debt incurred by the District proportionately to the properties receiving the special benefits. The Phase 3/6 Project funded by the District’s Series 2022 Bonds will benefit the platted Phase 3 & Phase 6 property. Once platting or the recording of a declaration of condominium of any portion of the District into individual lots or units (“Assigned Properties”) is complete, the assessments will be levied to the Assigned Properties based on the benefits they receive, on a first platted, first assigned basis. The “Unassigned Properties” defined as property that has not been platted or subjected to a declaration of condominium, will be assessed on an equal per acre basis of all the remaining unassigned property within Assessment Area Five within the District. Eventually the development plan will be completed and the debt relating to the bonds will be allocated to the planned 216 residential units within Assessment Area Five within the District, which are the beneficiaries of the Phase 3/6 Project, as depicted in Table 5 and Table 6. If there are changes to development plan, a true up of the assessment will be calculated to determine if a debt reduction or true-up payment from the Developer is required. The process is outlined in Section 3.0.

In order for debt service assessment levels to be consistent with market conditions, developer contributions are recognized. This is reflected on Table 5. Based on the product type and number of units anticipated to absorb a certain amount of the Bond principal, it is estimated that the District will recognize a developer contribution equal to $720,000 in eligible infrastructure.

Until all the land within Assessment Area Five of the District has been platted and sold, the assessments on the portion of the land that has not been platted and sold are not fixed and determinable. The reasons for this are (1) until the lands are platted, the number of developable acres within each tract against which the assessments are levied is not determined; (2) the lands are subject to re-plat, which may result in changes in development density and product type; and (3) until the lands are sold it is unclear of the timing of the absorptions. Only after the property has been platted and sold will the developable acreage be determined, the final plat be certain, the developable density known, the product types be confirmed, and the timing of the sales solidified.

The assignment of debt in this Assessment Report sets forth the process by which debt is apportioned. As mentioned herein, this Assessment Report will be supplemented from time to time.
Allocation of Benefit

The Phase 3/6 Project consists of certain excavation & grading, stormwater system, potable water distribution system, sanitary sewer system, reclaimed water distribution system, landscape & hardscape, professional fees, inspection, survey & testing, and contingency. There are currently three product types within the planned development of Assessment Area Five. The single family 50’ home has been set as the base unit and has been assigned one equivalent residential unit (“ERU”) as represented in the Master Assessment Report. Table 4 shows the allocation of benefit to the particular land uses. It is important to note that the benefit derived from the Phase 3/6 Project on the particular units exceeds the cost that the units will be paying for such benefits.

Lienability Test: Special and Peculiar Benefit to the Property

Construction and/or acquisition by the District of its proposed Phase 3/6 Project will provide several types of systems, facilities and services for its residents. These include construct and/or acquire certain bond eligible excavation & grading, stormwater system, potable water distribution system, sanitary sewer system, reclaimed water distribution system, landscape & hardscape, professional fees, inspection, survey & testing, and contingency. These improvements accrue in differing amounts and are somewhat dependent on the type of land use receiving the special benefits peculiar to those properties, which flow from the logical relationship of the improvements to the properties.

Once these determinations are made, they are reviewed in the light of the special benefits peculiar to the property, which flow to the properties as a result of their logical connection to the improvements in fact actually provided.

For the provision of the Phase 3/6 Project, the special and peculiar benefits are:

the added use of the property,
added enjoyment of the property, and
the probability of increased marketability and value of the property.

These special and peculiar benefits are real and ascertainable but are not yet capable of being calculated as to value with mathematical certainty. However, each is more valuable than either the cost of, or the actual non-ad valorem special assessment levied for the improvement or the debt as allocated.

Lienability Test: Reasonable and Fair Apportionment of the Duty to Pay Non-Ad Valorem Assessments

A reasonable estimate of the proportion of special and peculiar benefits received from the Phase 3/6 Project public improvements described in the Engineer’s Report is delineated in Table 5 (expressed as Allocation of Par Debt per Product Type).
The determination has been made that the duty to pay the non-ad valorem special assessments is fairly and reasonably apportioned because the special and peculiar benefits to the property derived from the acquisition and/or construction of the Phase 3/6 Project have been apportioned to the Assessment Area Five property within the District according to reasonable estimates of the special and peculiar benefits provided consistent with the land use categories.

Accordingly, no acre or parcel of property within Assessment Area Five within the boundaries of the District will have a lien for the payment of any non-ad valorem special assessment more than the determined special benefit peculiar to that property and therefore, the debt allocation will not be increased more than the debt allocation set forth in this Assessment Report.

In accordance with the benefit allocation suggested for the product types in Table 4, a total debt per unit and an annual assessment per unit have been calculated for each product type (Table 6). These amounts represent the preliminary anticipated per unit debt allocation assuming all anticipated units are built and sold as planned, and the entire proposed Phase 3/6 Project is constructed.

True Up Mechanism

Although the District does not process plats, declaration of condominiums, site plans or revisions thereto for the developer, it does have an important role to play during the course of platting and site planning. Whenever a plat, declaration of condominium or site plan is recorded, the District must allocate a portion of its debt to the property according to this Assessment Report outlined herein. In addition, the District must also prevent any buildup of debt on Unassigned Properties. Otherwise, the land could be fully conveyed and/or platted without all of the debt being allocated. To preclude this, at the time Unassigned Properties become Assigned Properties, the District will determine the amount of anticipated assessment revenue that remains on the Unassigned Properties, taking into account the proposed plat, or site plan approval. If the total anticipated assessment revenue to be generated from the Assigned and Unassigned Properties is greater than or equal to the maximum annual debt service then no debt reduction or true-up payment is required. In the case that the revenue generated is less than the required amount then a debt reduction or true-up payment by the landowner in the amount necessary to reduce the par amount of the outstanding bonds plus accrued interest to a level that will be supported by the new net annual debt service assessments will be required.

Assessment Roll

The District will initially distribute the lien to the platted Phase 3 & Phase 6 property within Assessment Area. If the land use plan changes, then the District will update Table
6 to reflect the changes as part of the foregoing true-up process.	As a result, the assessment liens are neither fixed nor are they determinable with certainty on any acre of
land in Assessment Area Five of the District prior to the time final Assigned Properties become known. The current assessment roll for Assessment Area Five is attached as Table 7.

Land Use	Phase 3	Phase 6	Total Units	ERUs per Unit (1)	Total ERUs	
Townhouse	61	61	122	0.60	73	
Single Family - 32'	46	0	46	0.65	30	
Single Family - 50'	48	0	48	1.00	48	
Total Units	155	61	216		151	

(1) Benefit is allocated on an ERU basis; based on density of planned development, with Single Family 50 = 1 ERU

* Unit mix is subject to change based on marketing and other factors

Prepared by: Governmental Management Services - Central Florida, LLC

Phase 3/6 Project Capital Improvement Plan ("CIP")	(1)	Total Cost Estimate	
Excavation & Grading		$277,300	
Stormwater System		$1,301,203	
Potable Water Distribution System		$686,196	
Sanitary Sewer System		$773,765	
Reclaimed Water Distribution System		$305,808	
Landscape & Hardscape		$221,728	
Professional Fees		$356,600	
Inspection, Survey, and Testing		$178,300	
Contingency		$410,090	
		$4,510,989	

(1) A detailed description of these improvements is provided in the Fifth Supplemental Engineer's Report dated September 20, 2022

Prepared by: Governmental Management Services - Central Florida, LLC

Description		
Construction Funds	$1,706,936	
Debt Service Reserve	$75,475	
Capitalized Interest	$119,404	
Underwriters Discount	$42,400	
Cost of Issuance	$175,785	
Par Amount	$2,120,000	
Bond Assumptions:		
Average Coupon Rate	5.76%	
Amortization	30 years	
Capitalized Interest	Thru 11/1/2023	
Debt Service Reserve	50% Max Annual	
Underwriters Discount	2%	

Prepared by: Governmental Management Services - Central Florida, LLC

Land Use	
No. of Units *	
ERU Factor	
Total ERUs	
% of Total ERUs	
Total Improvement Costs Per Product Type	
Improvements Per Unit	
Townhouse	122	0.60	73.20	48.44%	$2,185,337	$17,913	
Single Family - 32'	46	0.65	29.90	19.79%	$892,644	$19,405	
Single Family - 50'	48	1.00	48.00	31.77%	$1,433,008	$29,854	
Totals	216		151	100.00%	$4,510,989		

* Unit mix is subject to change based on marketing and other factors

Prepared by: Governmental Management Services - Central Florida, LLC

Land Use	No. of Units
*	% of Total ERUs	Improvements Costs Per Product Type	Potential Allocation of Par Debt Per Product Type	
Developer Contributions**	Allocation of Par Debt Per Product Type	
Par Debt Per Unit	
Townhouse	122	48.44%	$2,185,337	$1,375,831	($711,281)	$664,549	$5,447	
Single Family - 32'	46	19.79%	$892,644	$561,985	($8,674)	$553,312	$12,029	
Single Family - 50'	48	31.77%	$1,433,008	$902,184	($45)	$902,139	$18,795	
Totals	216	100%	$4,510,989	$2,840,000	($720,000)	$2,120,000		

* Unit mix is subject to change based on marketing and other factors

** In order for debt service assessment levels to be consistent, with the market conditions for Townhomes most impacted, developer contributions are recognized. Based on the product type and number of units anticipated to absorb the Bond Principal, it is estimated that the CDD will recognize a developer contribution equal to $720,000 in eligible infrastructure.

Prepared by: Governmental Management Services - Central Florida, LLC

Land Use	

No. of Units *	
Allocation of Par Debt Per Product Type	
Total Par Debt Per Unit	
Maximum Annual Debt Service	Net Annual Debt Assessment Per Unit	Gross Annual Debt Assessment Per Unit (1)	
Townhouse	122	$664,549	$5,447	$47,318	$387.85	$412.61	
Single Family - 32'	46	$553,312	$12,029	$39,397	$856.46	$911.13	
Single Family - 50'	48	$902,139	$18,795	$64,235	$1,338.23	$1,423.64	
Totals	216	$2,120,000		$150,950			

(1) This amount includes collection fees and early payment discounts when collected on the Osceola County Tax Bill

* Unit mix is subject to change based on marketing and other factors

Prepared by: Governmental Management Services - Central Florida, LLC

Phase 6 							
				
Total Par Debt	Net Annual Debt Assessment	Gross Annual Debt Assessment	
Owner	Property	Units	Type	Allocated	Allocation	Allocation (1)	
LENNAR HOMES LLC	05-26-30-5346-0001-0010	1	TH	$5,447.13	$387.85	$412.61	
LENNAR HOMES LLC	05-26-30-5346-0001-0020	1	TH	$5,447.13	$387.85	$412.61	
LENNAR HOMES LLC	05-26-30-5346-0001-0030	1	TH	$5,447.13	$387.85	$412.61	
LENNAR HOMES LLC	05-26-30-5346-0001-0040	1	TH	$5,447.13	$387.85	$412.61	
LENNAR HOMES LLC	05-26-30-5346-0001-0050	1	TH	$5,447.13	$387.85	$412.61	
LENNAR HOMES LLC	05-26-30-5346-0001-0060	1	TH	$5,447.13	$387.85	$412.61	
LENNAR HOMES LLC	05-26-30-5346-0001-0070	1	TH	$5,447.13	$387.85	$412.61	
LENNAR HOMES LLC	05-26-30-5346-0001-0080	1	TH	$5,447.13	$387.85	$412.61	
LENNAR HOMES LLC	05-26-30-5346-0001-0090	1	TH	$5,447.13	$387.85	$412.61	
LENNAR HOMES LLC	05-26-30-5346-0001-0100	1	TH	$5,447.13	$387.85	$412.61	
LENNAR HOMES LLC	05-26-30-5346-0001-0110	1	TH	$5,447.13	$387.85	$412.61	
LENNAR HOMES LLC	05-26-30-5346-0001-0120	1	TH	$5,447.13	$387.85	$412.61	
LENNAR HOMES LLC	05-26-30-5346-0001-0130	1	TH	$5,447.13	$387.85	$412.61	
LENNAR HOMES LLC	05-26-30-5346-0001-0140	1	TH	$5,447.13	$387.85	$412.61	
LENNAR HOMES LLC	05-26-30-5346-0001-0150	1	TH	$5,447.13	$387.85	$412.61	
LENNAR HOMES LLC	05-26-30-5346-0001-0160	1	TH	$5,447.13	$387.85	$412.61	
LENNAR HOMES LLC	05-26-30-5346-0001-0170	1	TH	$5,447.13	$387.85	$412.61	
LENNAR HOMES LLC	05-26-30-5346-0001-0180	1	TH	$5,447.13	$387.85	$412.61	
LENNAR HOMES LLC	05-26-30-5346-0001-0190	1	TH	$5,447.13	$387.85	$412.61	
LENNAR HOMES LLC	05-26-30-5346-0001-0200	1	TH	$5,447.13	$387.85	$412.61	
LENNAR HOMES LLC	05-26-30-5346-0001-0210	1	TH	$5,447.13	$387.85	$412.61	
LENNAR HOMES LLC	05-26-30-5346-0001-0220	1	TH	$5,447.13	$387.85	$412.61	
LENNAR HOMES LLC	05-26-30-5346-0001-0230	1	TH	$5,447.13	$387.85	$412.61	
LENNAR HOMES LLC	05-26-30-5346-0001-0240	1	TH	$5,447.13	$387.85	$412.61	
LENNAR HOMES LLC	05-26-30-5346-0001-0250	1	TH	$5,447.13	$387.85	$412.61	
LENNAR HOMES LLC	05-26-30-5346-0001-0260	1	TH	$5,447.13	$387.85	$412.61	
LENNAR HOMES LLC	05-26-30-5346-0001-0270	1	TH	$5,447.13	$387.85	$412.61	

Owner	
Property	
Units	
Type	
Total Par Debt Allocated	Net Annual Debt Assessment Allocation	Gross Annual Debt Assessment Allocation (1)	
LENNAR HOMES LLC	05-26-30-5346-0001-0280	1	TH	$5,447.13	$387.85	$412.61	
LENNAR HOMES LLC	05-26-30-5346-0001-0290	1	TH	$5,447.13	$387.85	$412.61	
LENNAR HOMES LLC	05-26-30-5346-0001-0300	1	TH	$5,447.13	$387.85	$412.61	
LENNAR HOMES LLC	05-26-30-5346-0001-0310	1	TH	$5,447.13	$387.85	$412.61	
LENNAR HOMES LLC	05-26-30-5346-0001-0320	1	TH	$5,447.13	$387.85	$412.61	
LENNAR HOMES LLC	05-26-30-5346-0001-0330	1	TH	$5,447.13	$387.85	$412.61	
LENNAR HOMES LLC	05-26-30-5346-0001-0340	1	TH	$5,447.13	$387.85	$412.61	
LENNAR HOMES LLC	05-26-30-5346-0001-0350	1	TH	$5,447.13	$387.85	$412.61	
LENNAR HOMES LLC	05-26-30-5346-0001-0360	1	TH	$5,447.13	$387.85	$412.61	
LENNAR HOMES LLC	05-26-30-5346-0001-0370	1	TH	$5,447.13	$387.85	$412.61	
LENNAR HOMES LLC	05-26-30-5346-0001-0380	1	TH	$5,447.13	$387.85	$412.61	
LENNAR HOMES LLC	05-26-30-5346-0001-0390	1	TH	$5,447.13	$387.85	$412.61	
LENNAR HOMES LLC	05-26-30-5346-0001-0400	1	TH	$5,447.13	$387.85	$412.61	
LENNAR HOMES LLC	05-26-30-5346-0001-0410	1	TH	$5,447.13	$387.85	$412.61	
LENNAR HOMES LLC	05-26-30-5346-0001-0420	1	TH	$5,447.13	$387.85	$412.61	
LENNAR HOMES LLC	05-26-30-5346-0001-0430	1	TH	$5,447.13	$387.85	$412.61	
LENNAR HOMES LLC	05-26-30-5346-0001-0440	1	TH	$5,447.13	$387.85	$412.61	
LENNAR HOMES LLC	05-26-30-5346-0001-0450	1	TH	$5,447.13	$387.85	$412.61	
LENNAR HOMES LLC	05-26-30-5346-0001-0460	1	TH	$5,447.13	$387.85	$412.61	
LENNAR HOMES LLC	05-26-30-5346-0001-0470	1	TH	$5,447.13	$387.85	$412.61	
LENNAR HOMES LLC	05-26-30-5346-0001-0480	1	TH	$5,447.13	$387.85	$412.61	
LENNAR HOMES LLC	05-26-30-5346-0001-0490	1	TH	$5,447.13	$387.85	$412.61	
LENNAR HOMES LLC	05-26-30-5346-0001-0500	1	TH	$5,447.13	$387.85	$412.61	
LENNAR HOMES LLC	05-26-30-5346-0001-0510	1	TH	$5,447.13	$387.85	$412.61	
LENNAR HOMES LLC	05-26-30-5346-0001-0520	1	TH	$5,447.13	$387.85	$412.61	
LENNAR HOMES LLC	05-26-30-5346-0001-0530	1	TH	$5,447.13	$387.85	$412.61	
LENNAR HOMES LLC	05-26-30-5346-0001-0540	1	TH	$5,447.13	$387.85	$412.61	
LENNAR HOMES LLC	05-26-30-5346-0001-0550	1	TH	$5,447.13	$387.85	$412.61	
LENNAR HOMES LLC	05-26-30-5346-0001-0560	1	TH	$5,447.13	$387.85	$412.61	
LENNAR HOMES LLC	05-26-30-5346-0001-0570	1	TH	$5,447.13	$387.85	$412.61	
LENNAR HOMES LLC	05-26-30-5346-0001-0580	1	TH	$5,447.13	$387.85	$412.61	
LENNAR HOMES LLC	05-26-30-5346-0001-0590	1	TH	$5,447.13	$387.85	$412.61	
LENNAR HOMES LLC	05-26-30-5346-0001-0600	1	TH	$5,447.13	$387.85	$412.61	

Owner	
Property	
Units	
Type	
Total Par Debt Allocated	Net Annual Debt Assessment Allocation	Gross Annual Debt Assessment Allocation (1)	
LENNAR HOMES LLC	05-26-30-5346-0001-0610	1	TH	$5,447.13	$387.85	$412.61	
Total Phase 6		61		$332,275	$23,658.89	$25,169.04	

Phase 3							
LENNAR HOMES LLC	06-26-30-5348-0001-0010	1	TH	$5,447.13	$387.85	$412.61	
LENNAR HOMES LLC	06-26-30-5348-0001-0020	1	TH	$5,447.13	$387.85	$412.61	
LENNAR HOMES LLC	06-26-30-5348-0001-0030	1	TH	$5,447.13	$387.85	$412.61	
LENNAR HOMES LLC	06-26-30-5348-0001-0040	1	TH	$5,447.13	$387.85	$412.61	
LENNAR HOMES LLC	06-26-30-5348-0001-0050	1	TH	$5,447.13	$387.85	$412.61	
LENNAR HOMES LLC	06-26-30-5348-0001-0060	1	TH	$5,447.13	$387.85	$412.61	
LENNAR HOMES LLC	06-26-30-5348-0001-0070	1	TH	$5,447.13	$387.85	$412.61	
LENNAR HOMES LLC	06-26-30-5348-0001-0080	1	TH	$5,447.13	$387.85	$412.61	
LENNAR HOMES LLC	06-26-30-5348-0001-0090	1	32'	$12,028.52	$856.46	$911.13	
LENNAR HOMES LLC	06-26-30-5348-0001-0100	1	32'	$12,028.52	$856.46	$911.13	
LENNAR HOMES LLC	06-26-30-5348-0001-0110	1	32'	$12,028.52	$856.46	$911.13	
LENNAR HOMES LLC	06-26-30-5348-0001-0120	1	32'	$12,028.52	$856.46	$911.13	
LENNAR HOMES LLC	06-26-30-5348-0001-0130	1	32'	$12,028.52	$856.46	$911.13	
LENNAR HOMES LLC	06-26-30-5348-0001-0140	1	32'	$12,028.52	$856.46	$911.13	
LENNAR HOMES LLC	06-26-30-5348-0001-0150	1	32'	$12,028.52	$856.46	$911.13	
LENNAR HOMES LLC	06-26-30-5348-0001-0160	1	32'	$12,028.52	$856.46	$911.13	
LENNAR HOMES LLC	06-26-30-5348-0001-0170	1	32'	$12,028.52	$856.46	$911.13	
LENNAR HOMES LLC	06-26-30-5348-0001-0180	1	32'	$12,028.52	$856.46	$911.13	
LENNAR HOMES LLC	06-26-30-5348-0001-0190	1	32'	$12,028.52	$856.46	$911.13	
LENNAR HOMES LLC	06-26-30-5348-0001-0200	1	32'	$12,028.52	$856.46	$911.13	
LENNAR HOMES LLC	06-26-30-5348-0001-0210	1	TH	$5,447.13	$387.85	$412.61	
LENNAR HOMES LLC	06-26-30-5348-0001-0220	1	TH	$5,447.13	$387.85	$412.61	
LENNAR HOMES LLC	06-26-30-5348-0001-0230	1	TH	$5,447.13	$387.85	$412.61	
LENNAR HOMES LLC	06-26-30-5348-0001-0240	1	TH	$5,447.13	$387.85	$412.61	
LENNAR HOMES LLC	06-26-30-5348-0001-0250	1	TH	$5,447.13	$387.85	$412.61	
LENNAR HOMES LLC	06-26-30-5348-0001-0260	1	TH	$5,447.13	$387.85	$412.61	
LENNAR HOMES LLC	06-26-30-5348-0001-0270	1	TH	$5,447.13	$387.85	$412.61	
LENNAR HOMES LLC	06-26-30-5348-0001-0280	1	TH	$5,447.13	$387.85	$412.61	
LENNAR HOMES LLC	06-26-30-5348-0001-0290	1	TH	$5,447.13	$387.85	$412.61	

Owner	
Property	
Units	
Type	
Total Par Debt Allocated	Net Annual Debt Assessment Allocation	Gross Annual Debt Assessment Allocation (1)	
LENNAR HOMES LLC	06-26-30-5348-0001-0300	1	TH	$5,447.13	$387.85	$412.61	
LENNAR HOMES LLC	06-26-30-5348-0001-0310	1	TH	$5,447.13	$387.85	$412.61	
LENNAR HOMES LLC	06-26-30-5348-0001-0320	1	TH	$5,447.13	$387.85	$412.61	
LENNAR HOMES LLC	06-26-30-5348-0001-0330	1	TH	$5,447.13	$387.85	$412.61	
LENNAR HOMES LLC	06-26-30-5348-0001-0340	1	TH	$5,447.13	$387.85	$412.61	
LENNAR HOMES LLC	06-26-30-5348-0001-0350	1	TH	$5,447.13	$387.85	$412.61	
LENNAR HOMES LLC	06-26-30-5348-0001-0360	1	TH	$5,447.13	$387.85	$412.61	
LENNAR HOMES LLC	06-26-30-5348-0001-0370	1	TH	$5,447.13	$387.85	$412.61	
LENNAR HOMES LLC	06-26-30-5348-0001-0380	1	TH	$5,447.13	$387.85	$412.61	
LENNAR HOMES LLC	06-26-30-5348-0001-0390	1	TH	$5,447.13	$387.85	$412.61	
LENNAR HOMES LLC	06-26-30-5348-0001-0400	1	TH	$5,447.13	$387.85	$412.61	
LENNAR HOMES LLC	06-26-30-5348-0001-0410	1	TH	$5,447.13	$387.85	$412.61	
LENNAR HOMES LLC	06-26-30-5348-0001-0420	1	TH	$5,447.13	$387.85	$412.61	
LENNAR HOMES LLC	06-26-30-5348-0001-0430	1	TH	$5,447.13	$387.85	$412.61	
LENNAR HOMES LLC	06-26-30-5348-0001-0440	1	TH	$5,447.13	$387.85	$412.61	
LENNAR HOMES LLC	06-26-30-5348-0001-0450	1	TH	$5,447.13	$387.85	$412.61	
LENNAR HOMES LLC	06-26-30-5348-0001-0460	1	TH	$5,447.13	$387.85	$412.61	
LENNAR HOMES LLC	06-26-30-5348-0001-0470	1	50'	$18,794.56	$1,338.23	$1,423.64	
LENNAR HOMES LLC	06-26-30-5348-0001-0480	1	50'	$18,794.56	$1,338.23	$1,423.64	
LENNAR HOMES LLC	06-26-30-5348-0001-0490	1	50'	$18,794.56	$1,338.23	$1,423.64	
LENNAR HOMES LLC	06-26-30-5348-0001-0500	1	50'	$18,794.56	$1,338.23	$1,423.64	
LENNAR HOMES LLC	06-26-30-5348-0001-0510	1	50'	$18,794.56	$1,338.23	$1,423.64	
LENNAR HOMES LLC	06-26-30-5348-0001-0520	1	50'	$18,794.56	$1,338.23	$1,423.64	
LENNAR HOMES LLC	06-26-30-5348-0001-0530	1	50'	$18,794.56	$1,338.23	$1,423.64	
LENNAR HOMES LLC	06-26-30-5348-0001-0540	1	50'	$18,794.56	$1,338.23	$1,423.64	
LENNAR HOMES LLC	06-26-30-5348-0001-0550	1	50'	$18,794.56	$1,338.23	$1,423.64	
LENNAR HOMES LLC	06-26-30-5348-0001-0560	1	50'	$18,794.56	$1,338.23	$1,423.64	
LENNAR HOMES LLC	06-26-30-5348-0001-0570	1	50'	$18,794.56	$1,338.23	$1,423.64	
LENNAR HOMES LLC	06-26-30-5348-0001-0580	1	50'	$18,794.56	$1,338.23	$1,423.64	
LENNAR HOMES LLC	06-26-30-5348-0001-0590	1	50'	$18,794.56	$1,338.23	$1,423.64	
LENNAR HOMES LLC	06-26-30-5348-0001-0600	1	50'	$18,794.56	$1,338.23	$1,423.64	
LENNAR HOMES LLC	06-26-30-5348-0001-0610	1	50'	$18,794.56	$1,338.23	$1,423.64	
LENNAR HOMES LLC	06-26-30-5348-0001-0620	1	50'	$18,794.56	$1,338.23	$1,423.64	

Owner	
Property	
Units	
Type	
Total Par Debt Allocated	Net Annual Debt Assessment Allocation	Gross Annual Debt Assessment Allocation (1)	
LENNAR HOMES LLC	06-26-30-5348-0001-0630	1	50'	$18,794.56	$1,338.23	$1,423.64	
LENNAR HOMES LLC	06-26-30-5348-0001-0640	1	50'	$18,794.56	$1,338.23	$1,423.64	
LENNAR HOMES LLC	06-26-30-5348-0001-0650	1	50'	$18,794.56	$1,338.23	$1,423.64	
LENNAR HOMES LLC	06-26-30-5348-0001-0660	1	50'	$18,794.56	$1,338.23	$1,423.64	
LENNAR HOMES LLC	06-26-30-5348-0001-0670	1	50'	$18,794.56	$1,338.23	$1,423.64	
LENNAR HOMES LLC	06-26-30-5348-0001-0680	1	50'	$18,794.56	$1,338.23	$1,423.64	
LENNAR HOMES LLC	06-26-30-5348-0001-0690	1	50'	$18,794.56	$1,338.23	$1,423.64	
LENNAR HOMES LLC	06-26-30-5348-0001-0700	1	50'	$18,794.56	$1,338.23	$1,423.64	
LENNAR HOMES LLC	06-26-30-5348-0001-0710	1	50'	$18,794.56	$1,338.23	$1,423.64	
LENNAR HOMES LLC	06-26-30-5348-0001-0720	1	50'	$18,794.56	$1,338.23	$1,423.64	
LENNAR HOMES LLC	06-26-30-5348-0001-0730	1	50'	$18,794.56	$1,338.23	$1,423.64	
LENNAR HOMES LLC	06-26-30-5348-0001-0740	1	50'	$18,794.56	$1,338.23	$1,423.64	
LENNAR HOMES LLC	06-26-30-5348-0001-0750	1	50'	$18,794.56	$1,338.23	$1,423.64	
LENNAR HOMES LLC	06-26-30-5348-0001-0760	1	50'	$18,794.56	$1,338.23	$1,423.64	
LENNAR HOMES LLC	06-26-30-5348-0001-0770	1	50'	$18,794.56	$1,338.23	$1,423.64	
LENNAR HOMES LLC	06-26-30-5348-0001-0780	1	50'	$18,794.56	$1,338.23	$1,423.64	
LENNAR HOMES LLC	06-26-30-5348-0001-0790	1	50'	$18,794.56	$1,338.23	$1,423.64	
LENNAR HOMES LLC	06-26-30-5348-0001-0800	1	50'	$18,794.56	$1,338.23	$1,423.64	
LENNAR HOMES LLC	06-26-30-5348-0001-0810	1	32'	$12,028.52	$856.46	$911.13	
LENNAR HOMES LLC	06-26-30-5348-0001-0820	1	32'	$12,028.52	$856.46	$911.13	
LENNAR HOMES LLC	06-26-30-5348-0001-0830	1	32'	$12,028.52	$856.46	$911.13	
LENNAR HOMES LLC	06-26-30-5348-0001-0840	1	32'	$12,028.52	$856.46	$911.13	
LENNAR HOMES LLC	06-26-30-5348-0001-0850	1	32'	$12,028.52	$856.46	$911.13	
LENNAR HOMES LLC	06-26-30-5348-0001-0860	1	32'	$12,028.52	$856.46	$911.13	
LENNAR HOMES LLC	06-26-30-5348-0001-0870	1	32'	$12,028.52	$856.46	$911.13	
LENNAR HOMES LLC	06-26-30-5348-0001-0880	1	TH	$5,447.13	$387.85	$412.61	
LENNAR HOMES LLC	06-26-30-5348-0001-0890	1	TH	$5,447.13	$387.85	$412.61	
LENNAR HOMES LLC	06-26-30-5348-0001-0900	1	TH	$5,447.13	$387.85	$412.61	
LENNAR HOMES LLC	06-26-30-5348-0001-0910	1	TH	$5,447.13	$387.85	$412.61	
LENNAR HOMES LLC	06-26-30-5348-0001-0920	1	TH	$5,447.13	$387.85	$412.61	
LENNAR HOMES LLC	06-26-30-5348-0001-0930	1	TH	$5,447.13	$387.85	$412.61	
LENNAR HOMES LLC	06-26-30-5348-0001-0940	1	TH	$5,447.13	$387.85	$412.61	
LENNAR HOMES LLC	06-26-30-5348-0001-0950	1	TH	$5,447.13	$387.85	$412.61	

Owner	
Property	
Units	
Type	
Total Par Debt Allocated	Net Annual Debt Assessment Allocation	Gross Annual Debt Assessment Allocation (1)	
LENNAR HOMES LLC	06-26-30-5348-0001-0960	1	TH	$5,447.13	$387.85	$412.61	
LENNAR HOMES LLC	06-26-30-5348-0001-0970	1	TH	$5,447.13	$387.85	$412.61	
LENNAR HOMES LLC	06-26-30-5348-0001-0980	1	TH	$5,447.13	$387.85	$412.61	
LENNAR HOMES LLC	06-26-30-5348-0001-0990	1	TH	$5,447.13	$387.85	$412.61	
LENNAR HOMES LLC	06-26-30-5348-0001-1000	1	TH	$5,447.13	$387.85	$412.61	
LENNAR HOMES LLC	06-26-30-5348-0001-1010	1	TH	$5,447.13	$387.85	$412.61	
LENNAR HOMES LLC	06-26-30-5348-0001-1020	1	TH	$5,447.13	$387.85	$412.61	
LENNAR HOMES LLC	06-26-30-5348-0001-1030	1	TH	$5,447.13	$387.85	$412.61	
LENNAR HOMES LLC	06-26-30-5348-0001-1040	1	TH	$5,447.13	$387.85	$412.61	
LENNAR HOMES LLC	06-26-30-5348-0001-1050	1	32'	$12,028.52	$856.46	$911.13	
LENNAR HOMES LLC	06-26-30-5348-0001-1060	1	32'	$12,028.52	$856.46	$911.13	
LENNAR HOMES LLC	06-26-30-5348-0001-1070	1	32'	$12,028.52	$856.46	$911.13	
LENNAR HOMES LLC	06-26-30-5348-0001-1080	1	32'	$12,028.52	$856.46	$911.13	
LENNAR HOMES LLC	06-26-30-5348-0001-1090	1	32'	$12,028.52	$856.46	$911.13	
LENNAR HOMES LLC	06-26-30-5348-0001-1100	1	32'	$12,028.52	$856.46	$911.13	
LENNAR HOMES LLC	06-26-30-5348-0001-1110	1	32'	$12,028.52	$856.46	$911.13	
LENNAR HOMES LLC	06-26-30-5348-0001-1120	1	32'	$12,028.52	$856.46	$911.13	
LENNAR HOMES LLC	06-26-30-5348-0001-1130	1	32'	$12,028.52	$856.46	$911.13	
LENNAR HOMES LLC	06-26-30-5348-0001-1140	1	32'	$12,028.52	$856.46	$911.13	
LENNAR HOMES LLC	06-26-30-5348-0001-1150	1	32'	$12,028.52	$856.46	$911.13	
LENNAR HOMES LLC	06-26-30-5348-0001-1160	1	32'	$12,028.52	$856.46	$911.13	
LENNAR HOMES LLC	06-26-30-5348-0001-1170	1	32'	$12,028.52	$856.46	$911.13	
LENNAR HOMES LLC	06-26-30-5348-0001-1180	1	32'	$12,028.52	$856.46	$911.13	
LENNAR HOMES LLC	06-26-30-5348-0001-1190	1	32'	$12,028.52	$856.46	$911.13	
LENNAR HOMES LLC	06-26-30-5348-0001-1200	1	32'	$12,028.52	$856.46	$911.13	
LENNAR HOMES LLC	06-26-30-5348-0001-1210	1	TH	$5,447.13	$387.85	$412.61	
LENNAR HOMES LLC	06-26-30-5348-0001-1220	1	TH	$5,447.13	$387.85	$412.61	
LENNAR HOMES LLC	06-26-30-5348-0001-1230	1	TH	$5,447.13	$387.85	$412.61	
LENNAR HOMES LLC	06-26-30-5348-0001-1240	1	TH	$5,447.13	$387.85	$412.61	
LENNAR HOMES LLC	06-26-30-5348-0001-1250	1	TH	$5,447.13	$387.85	$412.61	
LENNAR HOMES LLC	06-26-30-5348-0001-1260	1	TH	$5,447.13	$387.85	$412.61	
LENNAR HOMES LLC	06-26-30-5348-0001-1270	1	TH	$5,447.13	$387.85	$412.61	
LENNAR HOMES LLC	06-26-30-5348-0001-1280	1	TH	$5,447.13	$387.85	$412.61	

Owner	
Property	
Units	
Type	
Total Par Debt Allocated	Net Annual Debt Assessment Allocation	Gross Annual Debt Assessment Allocation (1)	
LENNAR HOMES LLC	06-26-30-5348-0001-1290	1	TH	$5,447.13	$387.85	$412.61	
LENNAR HOMES LLC	06-26-30-5348-0001-1300	1	TH	$5,447.13	$387.85	$412.61	
LENNAR HOMES LLC	06-26-30-5348-0001-1310	1	32'	$12,028.52	$856.46	$911.13	
LENNAR HOMES LLC	06-26-30-5348-0001-1320	1	32'	$12,028.52	$856.46	$911.13	
LENNAR HOMES LLC	06-26-30-5348-0001-1330	1	32'	$12,028.52	$856.46	$911.13	
LENNAR HOMES LLC	06-26-30-5348-0001-1340	1	32'	$12,028.52	$856.46	$911.13	
LENNAR HOMES LLC	06-26-30-5348-0001-1350	1	32'	$12,028.52	$856.46	$911.13	
LENNAR HOMES LLC	06-26-30-5348-0001-1360	1	32'	$12,028.52	$856.46	$911.13	
LENNAR HOMES LLC	06-26-30-5348-0001-1370	1	32'	$12,028.52	$856.46	$911.13	
LENNAR HOMES LLC	06-26-30-5348-0001-1380	1	32'	$12,028.52	$856.46	$911.13	
LENNAR HOMES LLC	06-26-30-5348-0001-1390	1	32'	$12,028.52	$856.46	$911.13	
LENNAR HOMES LLC	06-26-30-5348-0001-1400	1	32'	$12,028.52	$856.46	$911.13	
LENNAR HOMES LLC	06-26-30-5348-0001-1410	1	32'	$12,028.52	$856.46	$911.13	
LENNAR HOMES LLC	06-26-30-5348-0001-1420	1	50'	$18,794.56	$1,338.23	$1,423.64	
LENNAR HOMES LLC	06-26-30-5348-0001-1430	1	50'	$18,794.56	$1,338.23	$1,423.64	
LENNAR HOMES LLC	06-26-30-5348-0001-1440	1	50'	$18,794.56	$1,338.23	$1,423.64	
LENNAR HOMES LLC	06-26-30-5348-0001-1450	1	50'	$18,794.56	$1,338.23	$1,423.64	
LENNAR HOMES LLC	06-26-30-5348-0001-1460	1	50'	$18,794.56	$1,338.23	$1,423.64	
LENNAR HOMES LLC	06-26-30-5348-0001-1470	1	50'	$18,794.56	$1,338.23	$1,423.64	
LENNAR HOMES LLC	06-26-30-5348-0001-1480	1	50'	$18,794.56	$1,338.23	$1,423.64	
LENNAR HOMES LLC	06-26-30-5348-0001-1490	1	50'	$18,794.56	$1,338.23	$1,423.64	
LENNAR HOMES LLC	06-26-30-5348-0001-1500	1	50'	$18,794.56	$1,338.23	$1,423.64	
LENNAR HOMES LLC	06-26-30-5348-0001-1510	1	50'	$18,794.56	$1,338.23	$1,423.64	
LENNAR HOMES LLC	06-26-30-5348-0001-1520	1	50'	$18,794.56	$1,338.23	$1,423.64	
LENNAR HOMES LLC	06-26-30-5348-0001-1530	1	50'	$18,794.56	$1,338.23	$1,423.64	
LENNAR HOMES LLC	06-26-30-5348-0001-1540	1	50'	$18,794.56	$1,338.23	$1,423.64	
LENNAR HOMES LLC	06-26-30-5348-0001-1550	1	50'	$18,794.56	$1,338.23	$1,423.64	
Total Phase 3		155		$1,787,725.37	$127,291.11	$135,416.07	
							
Combined Total		216		$2,120,000.00	$150,950.00	$160,585.11	

(1) This amount includes 6% to cover collection fees and early payment discounts when collected utilizing the uniform method.

* - See Metes and Bounds, attached as Exhibit A

Annual Assessment Periods	30	
Average Coupon Rate (%)	5.76%	
Maximum Annual Debt Service	$150,950	

Prepared by: Governmental Management Services - Central Florida, LLC

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CLEANING MAINTENANCE AGREEMENT

This agreement executed this 2nd day of November 2022 By Tohoqua CDD and WESTWOOD INTERIOR CLEANING INC., contractor shall include:

TERM: The term of the agreement shall commence on November 6, 2022 and shall continue in full force and effect until October 12, 2023. Payment is due within 30 days of receipt of each statement from WESTWOOD INTERIOR CLEANING INC. Billing is to be monthly, as per determined by BARRY NEAL FLOOR & HOME, billing procedure, and is in arrears.

RENEWAL:	This agreement shall automatically renew at the end of the above term unless written notice is received by either party 30 days prior to the ending date. This agreement may be terminated by either party with 30 days written notice.

MAINTAINING THE FLOORS:

VACUUMING: All carpeted areas will be vacuumed. All tile, hardwood and vinyl floors will also be vacuumed to eliminate dirt or dust.	Vacuuming of the carpeted areas will be done last, and vacuuming is done backwards so that no vacuum tracks or footprints are left on the carpet.

	MOPPING: All tile, hardwood and vinyl floors will be mopped. The mop system used by WESTWOOD INTERIOR CLEANING INC. is safe for all floors because it uses a smaller amount of water. **Special cleaner for Wood floor will be provided by Barry Neal**

	EXTRAS: Any extras, such as waxing floors, carpet shampooing, and carpet spot removal; will be billed as additional services by WESTWOOD INTERIOR CLEANING INC. when requested.

MAINTAINING THE WINDOWS:

1. CLEANING: All interior windows are to be the cleaned as needed to maintain a neat and clean appearance. All entry and exit glass doors will be cleaned each and every service. All (hardscape) exterior windows will be cleaned every week.
BASIC MAINTENANCE:

DUSTING: All surfaces will be dusted. All wood surfaces will be dusted and polished to maintain a “new” appearance. All glass surfaces will be dusted and cleaned with Windex, or equivalent, to a streak-free shine. All lamps, knick-knacks, pictures and decorations will also be dusted as necessary to keep them dust free. Office desks will be cleaned and dusted when work papers are either off the desk or piled neatly as to not lose or disrupt work papers.

	KITCHENS: All countertops and surfaces will be wiped down to maintain a clean appearance. All appliances will be kept in a clean and “new” appearance. Cleaning of the inside of the Microwave oven is included. All sinks will be wiped down and all chrome and brass will be polished.

	BATHROOMS: All countertops and surfaces will be wiped down to maintain a clean appearance. The toilets will be kept clean, spotless and germ free. All sinks will be wiped down and all chrome and brass will be polished. Any mirrors will be cleaned and kept streak-free. Showers and saunas will be cleaned each service to keep a sanitary condition and to keep from hard water and soap scum buildup.

	FURNITURE: Interior furniture will be vacuumed as needed to maintain a “new” appearance. Upon completion of cleaning, all chairs will be placed neatly around desks and tables.

GYM AND POOL DECK: All surfaces will be wiped down, Pool furniture will be wiped and rearranged, Will remove all trash from clubhouse and pool area and new bags will be provided and replaced. Trash not in basket will not be removed unless clearly marked trash or in a predetermined location for trash. Trash to be placed in on-site dumpster.

	MISCELLANEOUS: Windowsills and mini blinds will be kept dust free. Baseboards will be kept free from dust and dirt. Ceiling fans will be cleaned periodically to maintain a neat clean appearance. Westwood will communicate any problems with clubhouse or pool area to clubhouse staff.

WESTWOOD INTERIOR CLEANING INC also honors the following guarantee:
Should a problem occur, WESTWOOD INTERIOR CLEANING INC will be out within 24 hours to correct the problem, GUARANTEED.
If you are not satisfied with a service provided by WESTWOOD INTERIOR CLEANING INC, and it is not corrected as stated above, you will not be billed for that service, GUARANTEED.

MISCELLANEOUS:

	EMPLOYEE APPEARANCE: All employees shall wear uniforms in order to present a neat appearance, and to identify them to residents and to security.
	HOURS: WESTWOOD INTERIOR CLEANING INC will provide service after hours as to not disturb normal business activities. Services will be provided as requested on Saturday night and Sunday night.

SECURITY: WESTWOOD INTERIOR CLEANING INC utilizes a number
system for all keys so that at no time are keys identified by anything other than a number. All keys are kept at our office behind a locked door until the day of service and the key is needed to access the unit.

	UNUSUAL OCCURRENCES: In the event of unusual or unreasonable damage caused by vandalism, storms, fire, hurricane or acts of nature which are beyond the control of WESTWOOD INTERIOR CLEANING INC, the repair and replacement of any items will be performed or contracted by WESTWOOD INTERIOR CLEANING INC as an additional expense based on a written proposal.

	HOLIDAYS: Any services scheduled on the following holidays will be billed at double the regular daily rate: Christmas Eve, Christmas Day, New Years Eve and Thanksgiving Day.

INSURANCE: WESTWOOD INTERIOR CLEANING INC maintains Worker’s
Compensation Insurance as statutorily required, Comprehensive General Liability Insurance with a combined single limit per occurrence of $1,000,000 and Automobile Bodily Injury and Property Damage Liability insurance in an amount not less than $1,000,000. We also are bonded for $25,000.

COMPENSATION:

Tohoqua CDD agrees to pay WESTWOOD INTERIOR CLEANING INC. a fee of $238 Dollars and NO/100 $238.00) per clean for the CDD. Price is based on cleaning twice a week on Saturday and Sunday night. Saturday night clean to include all services including pool deck area. Sunday night clean only includes the gym and gym bathrooms.

Tohoqua CDD	Date	Westwood Interior Cleaning Inc.	Date

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Tohoqua
Community  Development  District
Summary of Operating Checks

September 27, 2022 to October 21, 2022

Bank	Date	Check No.'s	Amount	

General Fund	
10/7/22	
588 - 594	
$	42,944.07	
	10/11/22	595	$	220.00	
			$	43,164.07	
			$	43,164.07	
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#
239	202207 320-53800-47200	*	658.11
POOL REPAIRS - JULY 2022
237	202209 320-53800-12000	*	1,716.67
FIELD MNGMNT - SEP 22
237	202209 330-53800-48000	*	548.71
ACTIVITIES/EVENTS - SEP22
237	202209 320-53800-47800	*	448.67
MNTHLY MAINT - SEP 22
238	202209 300-15500-10000	*	10,000.00
ASSESSMENT CRTF - FY23
GOVERNMENTAL MANAGEMENT SERVICES	13,372.16 000588
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
10/07/22 00028	9/01/22 3898	202210 330-53800-48900	*	5,100.00
INSTALL HOLIDAY DECOR
LIGHTING PROS LLC	5,100.00 000589
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
10/07/22 00063	6/30/22 016459	202206 330-53800-48800	*	35.00
SECURITY MONITOR - JUN 22
7/31/22 016630	202207 330-53800-48800	*	35.00
SECURITY MONITOR - JUL 22
8/31/22 016791	202208 330-53800-48800	*	35.00
SECURITY MONITOR - AUG 22
9/30/22 016948	202209 330-53800-48800	*	35.00
SECURITY MONITOR - SEP 22
MODERN SECURITY SYSTEM, LLC	140.00 000590
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
10/07/22 00024 10/01/22 8038	202210 320-53800-47200	*	1,735.00
POOL MAINTENANCE - OCT 22
10/01/22 8038	202210 320-53800-47200	*	350.00
HURRICANE POOL CLEAN UP
ROBERTS POOL SRVC AND REPAIR INC	2,085.00 000591
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
10/07/22 00026	9/13/22 390592	202209 330-53800-53000	*	321.00
ROLLER AND TUBE ASSEMBLY
SPIES POOL, LLC	321.00 000592
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
10/07/22 00033 10/03/22 ULS-3596 202210 320-53800-46200	*	4,323.00 TOH 1ST AMND PH2,3-OCT 22
10/03/22 ULS-3596 202210 320-53800-46200	*	5,943.33
LANDSCAPE PH1/POND-OCT 22
10/03/22 ULS-3597 202210 320-53800-46200	*	3,668.33 LANDSCPE CROSS PRA-OCT 22
10/03/22 ULS-3597 202210 320-53800-46200	*	700.00
LANDSCAPE AMEN POND-OCT22
10/03/22 ULS-3597 202210 320-53800-46200	*	1,743.75 TOHOQUA AMENITY - OCT 22
TQUA TOHOQUA CDD	MBYINGTON
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#
10/03/22 ULS-3597 202210 320-53800-46200	*	1,166.67 LANDSCPE AMEN POND-OCT 22
10/03/22 ULS-3597 202210 320-53800-46200	*	3,885.00 LNDSCP E CROSS PRA-OCT 22
UNITED LAND SERVICES	21,430.08 000593
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
10/07/22 00039	9/22/22 23293202 202209 330-53800-49200	*	355.84
C-FOLD PAPER TOWEL 16 PK
9/26/22 23298235 202209 330-53800-49200	*	139.99
50L SLIM OPEN CAN
W.B.MASON CO.INC	495.83 000594
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
10/11/22 00009 12/31/20 190843	202110 320-53800-46300	*	110.00
POND MAINT AMENITY-DEC 20
1/31/21 191539	202110 320-53800-46300	*	110.00
POND MAINT AMENITY-JAN 21
APPLIED AQUATIC MANAGEMENT, INC.	220.00 000595
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
TOTAL FOR BANK A	43,164.07
TOTAL FOR REGISTER	43,164.07

TQUA TOHOQUA CDD	MBYINGTON

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Tohoqua
Community Development District

Unaudited Financial Reporting
September 30, 2022

Table of Contents

1		Balance Sheet	

2-4	
	General Fund 	

5	
	Debt Service Fund - Series 2018	

6	
	Debt Service Fund - Series 2021 Phase 2	

7	
	Debt Service Fund - Series 2021 Phase 4A/5A	

8	
	Capital Project Funds 	

9-10	
	Month to Month	

11	
	Long Term Debt Summary	

12	
	Assessment Receipt Schedule	
Combined Balance Sheet September 30, 2022

Assets:
Cash	
$	322,893	
$	-	
$	-	
$	322,893	
Investments Series 2018
Reserve	

$	-	

$	69,039	

$	-	

$	69,039	
Revenue	$	-	$	68,453	$	-	$	68,453	
Construction
Series 2021 Phase 2	$	-	$	-	$	12,657	$	12,657	
Reserve	$	-	$	72,381	$	-	$	72,381		
Revenue	$	-	$	45,325	$	-	$	45,325		
Capital Interest	$	-	$	49	$	-	$	49		
Construction	$	-	$	-	$	233	$	233		
Series 2021 Phase 4A/5A Reserve	
$	
-	$	75,350	$	-	$	75,350			
Revenue	$	-	$	47,689	$	-	$	47,689			
Capital Interest	$	-	$	51	$	-	$	51			
Construction	$	-	$	-	$	9	$	9			
Due From General Fund	$	-	$	-	$	241	$	241			
Due From Other	$	31	$	-	$	-	$	31			
Prepaid Expenses	$	46,242	$	-	$	-	$	46,242	
Total Assets	$	369,166	$	378,337	$	13,140	$	760,644	

Liabilities:
Accounts Payable	

$	24,040	

$	

-	$	

-	$	24,040	
Due to Capital Projects	$	241	$	-	$	-	$	241	
Total Liabilities	$	24,282	$	-	$	-	$	24,282	

Fund Balances:
Nonspendable:					
Deposits & Prepaid Items Restricted for:	$	46,242	$	-	$	-	$	46,242	
Debt Service - Series 2018	$	-	$	137,492	$	-	$	137,492			
Debt Service - Series 2021 Phase 2	$	-	$	117,755	$	-	$	117,755			
Debt Service - Series 2021 Phase 4A/5A	$	-	$	123,090	$	-	$	123,090			
Capital Projects	$	-	$	-	$	13,140	$	13,140			
Unassigned	$	298,642	$	-	$	-	$	298,642			
Total Fund Balances	$	344,885	$	378,337	$	13,140	$	736,362	
					
Total Liabilities & Fund Balance	$	369,166	$	378,337	$	13,140	$	760,644	

Adopted	Prorated Budget	Actual		
Budget	Thru 09/30/22	Thru 09/30/22	Variance	

Revenues					
Developer Contributions	$	220,146	$	220,146	$	5,261	$	(214,886)	
Assessments - Tax Collector	$	387,600	$	387,600	$	389,056	$	1,456	
Assessments - Direct	$	668,125	$	668,125	$	668,125	$	0	
Special Events Revenue	$	12,000	$	12,000	$	11,125	$	(875)	
Total Revenues	$	1,287,871	$	1,287,871	$	1,073,566	$	(214,304)	

Expenditures					
General & Administrative:					
Supervisor Fees	$	12,000	$	12,000	$	4,600	$	7,400	
FICA Expense	$	918	$	918	$	352	$	566	
Engineering	$	12,000	$	12,000	$	32,331	$	(20,331)	
Attorney	$	25,000	$	25,000	$	25,776	$	(776)	
Annual Audit	$	6,600	$	6,600	$	5,500	$	1,100	
Assessment Administration	$	7,500	$	7,500	$	7,500	$	-	
Arbitrage	$	1,350	$	1,350	$	900	$	450	
Dissemination	$	10,000	$	10,000	$	10,000	$	0	
Trustee Fees	$	11,152	$	11,152	$	7,058	$	4,095	
Management Fees	$	37,132	$	37,132	$	37,132	$	(0)	
Information Technology	$	1,800	$	1,800	$	1,800	$	-	
Website Maintenance	$	1,200	$	1,200	$	1,200	$	-	
Telephone	$	300	$	300	$	-	$	300	
Postage	$	1,000	$	1,000	$	179	$	821	
Insurance	$	6,000	$	6,000	$	5,570	$	430	
Printing & Binding	$	3,000	$	3,000	$	2,083	$	917	
Legal Advertising	$	3,800	$	3,800	$	908	$	2,892	
Other Current Charges	$	2,500	$	2,500	$	1,179	$	1,321	
Office Supplies	$	625	$	625	$	36	$	589	
Dues, Licenses & Subscriptions	$	175	$	175	$	175	$	-	
Total General & Administrative:	$	144,052	$	144,052	$	144,279	$	(227)	

Operations & Maintenance					
Contract Services					
Field Management	$	20,600	$	20,600	$	20,600	$	(0)	
Amenities Management	$	37,080	$	37,080	$	37,080	$	-	
Landscape Maintenance	$	469,372	$	469,372	$	247,448	$	221,924	
Lake Maintenance	$	52,440	$	52,440	$	9,260	$	43,180	
Wetland Maintenance	$	12,100	$	12,100	$	6,400	$	5,700	
Wetland Mitigation Reporting	$	9,600	$	9,600	$	6,600	$	3,000	
Pool Maintenance	$	20,820	$	20,820	$	20,820	$	-	
Pest Control	$	780	$	780	$	780	$	-	
Janitorial Services	$	45,000	$	45,000	$	19,840	$	25,160	
Subtotal Contract Services	$	667,792	$	667,792	$	368,829	$	298,964	

Adopted	Prorated Budget	Actual		
Budget	Thru 09/30/22	Thru 09/30/22	Variance	

Repairs & Maintenance					
Landscape Replacement	$	25,000	$	25,000	$	1,069	$	23,931	
Irrigation Repairs	$	3,000	$	3,000	$	1,250	$	1,750	
Stormwater Inspections	$	14,400	$	14,400	$	-	$	14,400	
General Repairs & Maintenance	$	10,000	$	10,000	$	4,554	$	5,446	
Road & Sidewalk Maintenance	$	3,000	$	3,000	$	930	$	2,070	
Signage	$	1,500	$	1,500	$	-	$	1,500	
Walls - Repair/Cleaning	$	1,500	$	1,500	$	-	$	1,500	
Fencing	$	250	$	250	$	-	$	250	
Subtotal Repairs & Maintenance	$	58,650	$	58,650	$	7,803	$	50,847	

Utilities					
Pool - Electric	$	19,000	$	19,000	$	19,746	$	(746)	
Pool - Water	$	6,500	$	6,500	$	8,640	$	(2,140)	
Electric	$	5,000	$	5,000	$	168	$	4,832	
Water & Sewer	$	54,500	$	54,500	$	19,065	$	35,435	
Streetlights	$	150,000	$	150,000	$	56,102	$	93,898	
Subtotal Utilities	$	235,000	$	235,000	$	103,721	$	131,279	

Amenities					
Property Insurance	$	25,000	$	25,000	$	23,054	$	1,946	
Pool Attendants	$	12,500	$	12,500	$	-	$	12,500	
Security Patrol	$	30,000	$	30,000	$	-	$	30,000	
Pool Repairs & Maintenance	$	15,000	$	15,000	$	32,150	$	(17,150)	
Pool Permits	$	325	$	325	$	325	$	-	
Access Cards & Equipment Supplies	$	2,390	$	2,390	$	5,144	$	(2,754)	
Fire Alarm & Security Monitoring	$	1,000	$	1,000	$	420	$	580	
Fire Alarm & Security Monitoring Repairs	$	2,000	$	2,000	$	-	$	2,000	
Fire Extinguisher Inspections	$	100	$	100	$	85	$	15	
Amenity Signage	$	2,000	$	2,000	$	1,236	$	764	
Repairs & Maintenance	$	17,500	$	17,500	$	17,076	$	424	
Office Supplies	$	1,500	$	1,500	$	483	$	1,017	
Operating Supplies	$	5,000	$	5,000	$	6,015	$	(1,015)	
Special Events	$	15,000	$	15,000	$	20,502	$	(5,502)	
Termite Bond	$	300	$	300	$	-	$	300	
Holiday Décor	$	12,500	$	12,500	$	5,100	$	7,400	
Subtotal Amenities	$	142,115	$	142,115	$	111,589	$	30,526	

Adopted	Prorated Budget	Actual		
Budget	Thru 09/30/22	Thru 09/30/22	Variance	

Other					
Contingency	$	25,000	$	25,000	$	2,010	$	22,990	
Subtotal Other	$	25,000	$	25,000	$	2,010	$	22,990	
					
Total Operations & Maintenance	$	1,128,557	$	1,128,557	$	593,952	$	534,605	
					
Total Expenditures	$	1,272,609	$	1,272,609	$	738,231	$	534,378	
					
Excess (Deficiency) of Revenues over Expenditures	$	15,262		$	335,335		

Other Financing Sources/(Uses)

Transfer In/(Out) - Capital Reserve	

$	(15,262)	

$	(15,262)	

$	-	

$	(15,262)	
Total Other Financing Sources/(Uses)	$	(15,262)	$	(15,262)	$	-	$	(15,262)	
					
Net Change in Fund Balance	$	0		$	335,335		
					
Fund Balance - Beginning	$	-		$	9,549		
					
Fund Balance - Ending	$	0		$	344,885		
Debt Service Fund - Series 2018
Statement of Revenues, Expenditures, and Changes in Fund Balance
For The Period Ending September 30, 2022

	Adopted	Prorated Budget	Actual		
	Budget	Thru 09/30/22	Thru 09/30/22	Variance	

Revenues					
Special Assessments	$	137,458	$	137,458	$	137,971	$	513	
Interest Income	$	-	$	-	$	98	$	98	
Total Revenues	$	137,458	$	137,458	$	138,069	$	611	

Expenditures:					
Interest Payment - 11/01	$	48,948	$	48,948	$	48,948	$	-	
Principal Payment - 5/01	$	40,000	$	40,000	$	40,000	$	-	
Interest Payment - 5/01	$	48,948	$	48,948	$	48,948	$	-	
Total Expenditures	$	137,895	$	137,895	$	137,895	$	-	
					
Excess (Deficiency) of Revenues over Expenditures	$	(437)		$	174		
					
Fund Balance - Beginning	$	67,273		$	137,318		
					
Fund Balance - Ending	$	66,836		$	137,492		
Debt Service Fund - Series 2021 Phase 2
Statement of Revenues, Expenditures, and Changes in Fund Balance
For The Period Ending September 30, 2022

	Adopted	Prorated Budget	Actual		
	Budget	Thru 09/30/22	Thru 09/30/22	Variance	

Revenues					
Special Assessments	$	144,764	$	144,764	$	145,309	$	545	
Interest Income	$	-	$	-	$	84	$	84	
Total Revenues	$	144,764	$	144,764	$	145,393	$	629	

Expenditures:					
Interest Payment - 11/01	$	45,022	$	45,022	$	45,022	$	-	
Principal Payment - 5/01	$	55,000	$	55,000	$	55,000	$	-	
Interest Payment - 5/01	$	45,022	$	45,022	$	45,022	$	-	
Total Expenditures	$	145,044	$	145,044	$	145,044	$	-	
					
Excess (Deficiency) of Revenues over Expenditures	$	(280)		$	349		
					
Fund Balance - Beginning	$	45,024		$	117,406		
					
Fund Balance - Ending	$	44,744		$	117,755		

Adopted	Prorated Budget	Actual		
Budget	Thru 09/30/22	Thru 09/30/22	Variance	

Revenues					
Assessments - Direct Bill	$	150,700	$	150,700	$	150,701	$	1	
Interest Income	$	-	$	-	$	66	$	66	
Total Revenues	$	150,700	$	150,700	$	150,767	$	67	

Expenditures:					
Interest Payment - 11/01	$	48,030	$	48,030	$	48,030	$	-	
Principal Payment - 5/01	$	55,000	$	55,000	$	55,000	$	-	
Interest Payment - 5/01	$	48,030	$	48,030	$	48,030	$	-	
Total Expenditures	$	151,060	$	151,060	$	151,060	$	-	
					
Excess (Deficiency) of Revenues over Expenditures	$	(360)		$	(293)		
					
Fund Balance - Beginning	$	48,031		$	123,383		
					
Fund Balance - Ending	$	47,671		$	123,090		
Tohoqua
Community Development District Capital Project Funds
Statement of Revenues, Expenditures, and Changes in Fund Balance
For The Period Ending September 30, 2022

	Series	Series	Series		
	2018	2021 Phase 2	2021 Phase 4A/5A	Total	

Revenues

Interest	

$	9	

$	60	

$	50	

$	120	
Total Revenues	$	9	$	60	$	50	$	120	

Expenditures:

Capital Outlay	

$	-	

$	1,579,267	

$	1,676,726	

$	3,255,993	
Total Expenditures	$	-	$	1,579,267	$	1,676,726	$	3,255,993	
					
Excess (Deficiency) of Revenues over Expenditures	$	9	$	(1,579,206)	$	(1,676,676)	$	(3,255,873)	
					
Fund Balance - Beginning	$	12,649	$	1,579,680	$	1,676,685	$	3,269,014	
					
Fund Balance - Ending	$	12,657	$	474	$	9	$	13,140	

	Oct	Nov	Dec	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Total	

Revenues														
Developer Contributions	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	3,280	$	1,981	$	-	$	-	$	5,261	
Assessments - Tax Collector	$	-	$	6,196	$	333,308	$	4,504	$	35,130	$	1,396	$	7,753	$	-	$	769	$	-	$	-	$	-	$	389,056	
Assessments - Direct	$	88,884	$	122,028	$	-	$	167,593	$	61,014	$	-	$	61,014	$	83,796	$	83,796	$	-	$	-	$	-	$	668,125	
Special Events Revenue	$	1,930	$	500	$	20	$	1,280	$	850	$	-	$	3,425	$	-	$	760	$	1,060	$	330	$	970	$	11,125	
Total Revenues	$	90,814	$	128,724	$	333,328	$	173,377	$	96,994	$	1,396	$	72,192	$	83,796	$	88,605	$	3,041	$	330	$	970	$  1,073,566	

Expenditures														
General & Administrative:														
Supervisor Fees	$	-	$	600	$	-	$	-	$	800	$	800	$	600	$	-	$	600	$	-	$	600	$	600	$	4,600	
FICA Expense	$	-	$	46	$	-	$	-	$	61	$	61	$	46	$	-	$	46	$	-	$	46	$	46	$	352	
Engineering	$	-	$	105	$	-	$	-	$	394	$	2,851	$	2,404	$	3,312	$	16,786	$	1,223	$	5,258	$	-	$	32,331	
Attorney	$	1,329	$	613	$	2,907	$	369	$	1,457	$	1,621	$	1,338	$	8,331	$	1,725	$	1,540	$	1,708	$	2,839	$	25,776	
Annual Audit	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	5,500	$	-	$	-	$	-	$	-	$	5,500	
Assessment Administration	$	7,500	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	7,500	
Arbitrage	$	-	$	-	$	-	$	-	$	-	$	900	$	-	$	-	$	-	$	-	$	-	$	-	$	900	
Dissemination	$	833	$	833	$	833	$	833	$	833	$	833	$	833	$	833	$	833	$	833	$	833	$	833	$	10,000	
Trustee Fees	$	1,549	$	-	$	-	$	-	$	-	$	2,168	$	3,340	$	-	$	-	$	-	$	-	$	-	$	7,058	
Management Fees	$	3,094	$	3,094	$	3,094	$	3,094	$	3,094	$	3,094	$	3,094	$	3,094	$	3,094	$	3,094	$	3,094	$	3,094	$	37,132	
Information Technology	$	150	$	150	$	150	$	150	$	150	$	150	$	150	$	150	$	150	$	150	$	150	$	150	$	1,800	
Website Maintenance	$	100	$	100	$	100	$	100	$	100	$	100	$	100	$	100	$	100	$	100	$	100	$	100	$	1,200	
Telephone	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	
Postage	$	14	$	3	$	7	$	7	$	5	$	13	$	40	$	12	$	12	$	13	$	7	$	45	$	179	
Insurance	$	5,570	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	5,570	
Printing & Binding	$	99	$	54	$	337	$	56	$	51	$	90	$	263	$	145	$	291	$	296	$	205	$	196	$	2,083	
Legal Advertising	$	168	$	-	$	-	$	-	$	-	$	-	$	21	$	-	$	-	$	597	$	-	$	122	$	908	
Other Current Charges	$	176	$	129	$	39	$	39	$	64	$	377	$	135	$	64	$	39	$	40	$	40	$	39	$	1,179	
Office Supplies	$	16	$	0	$	15	$	0	$	0	$	1	$	1	$	1	$	1	$	1	$	-	$	1	$	36	
Dues, Licenses & Subscriptions	$	175	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	175	
Total General & Administrative:	$	20,772	$	5,728	$	7,483	$	4,648	$	7,011	$	13,060	$	12,364	$	21,542	$	23,677	$	7,887	$	12,041	$	8,066	$	144,279	

Operations & Maintenance														
Contract Services														
Field Management	$	1,717	$	1,717	$	1,717	$	1,717	$	1,717	$	1,717	$	1,717	$	1,717	$	1,717	$	1,717	$	1,717	$	1,717	$	20,600	
Amenities Management	$	3,090	$	3,090	$	3,090	$	3,090	$	3,090	$	3,090	$	3,090	$	3,090	$	3,090	$	3,090	$	3,090	$	3,090	$	37,080	
Landscape Maintenance	$	17,545	$	17,545	$	21,488	$	17,545	$	20,430	$	24,315	$	21,430	$	21,430	$	21,430	$	21,430	$	21,430	$	21,430	$	247,448	
Lake Maintenance	$	670	$	450	$	450	$	1,530	$	680	$	680	$	680	$	680	$	680	$	920	$	920	$	920	$	9,260	
Wetland Maintenance	$	-	$	1,600	$	-	$	-	$	1,600	$	-	$	-	$	-	$	-	$	-	$	3,200	$	-	$	6,400	
Wetland Mitigation Reporting	$	-	$	-	$	-	$	3,000	$	3,600	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	6,600	
Pool Maintenance	$	1,735	$	1,735	$	1,735	$	1,735	$	1,735	$	1,735	$	1,735	$	1,735	$	1,735	$	1,735	$	1,735	$	1,735	$	20,820	
Pest Control	$	65	$	65	$	65	$	65	$	65	$	65	$	65	$	65	$	65	$	65	$	65	$	65	$	780	
Janitorial Services	$	2,080	$	2,400	$	2,080	$	1,920	$	1,920	$	2,080	$	1,920	$	1,920	$	1,760	$	1,760	$	-	$	-	$	19,840	
Subtotal Contract Services	$	26,902	$	28,602	$	30,624	$	30,602	$	34,837	$	33,682	$	30,637	$	30,637	$	30,477	$	30,717	$	32,157	$	28,957	$	368,829	

	Oct	Nov	Dec	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Total	

Repairs & Maintenance
Landscape Replacement	

$	-	

$	-	

$	-	

$	1,069	

$	-	

$	-	

$	-	

$	-	

$	-	

$	-	

$	-	

$	-	

$	1,069	
Irrigation Repairs	$	-	$	-	$	-	$	1,250	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	1,250	
Stormwater Inspections	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	
General Repairs & Maintenance	$	-	$	753	$	-	$	1,107	$	-	$	649	$	840	$	-	$	139	$	565	$	-	$	501	$	4,554	
Road & Sidewalk Maintenance	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	930	$	-	$	-	$	930	
Signage	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	
Walls - Repair/Cleaning	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	
Fencing	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	
Subtotal Repairs & Maintenance	$	-	$	753	$	-	$	3,426	$	-	$	649	$	840	$	-	$	139	$	1,495	$	-	$	501	$	7,803	

Utilities
Pool - Electric	

$	-	

$	1,599	

$	1,569	

$	2,958	

$	-	

$	3,055	

$	-	

$	3,087	

$	-	

$	3,184	

$	4,294	

$	-	

$	19,746	
Pool - Water	$	623	$	467	$	628	$	671	$	726	$	784	$	660	$	694	$	681	$	1,058	$	722	$	927	$	8,640	
Electric	$	-	$	14	$	13	$	33	$	-	$	37	$	-	$	26	$	-	$	14	$	31	$	-	$	168	
Water & Sewer	$	2,737	$	321	$	2,023	$	1,089	$	293	$	329	$	1,308	$	1,123	$	1,117	$	5,418	$	3,248	$	58	$	19,065	
Streetlights	$	-	$	3,415	$	4,176	$	9,758	$	-	$	10,762	$	-	$	10,675	$	-	$	5,643	$	11,674	$	-	$	56,102	
Subtotal Utilities	$	3,360	$	5,816	$	8,409	$	14,510	$	1,019	$	14,966	$	1,968	$	15,605	$	1,798	$	15,316	$	19,969	$	985	$	103,721	

Amenities
Property Insurance	

$	23,054	

$	-	

$	-	

$	-	

$	-	

$	-	

$	-	

$	-	

$	-	

$	-	

$	-	

$	-	

$	23,054	
Pool Attendants	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	
Security Patrol	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	
Pool Repairs & Maintenance	$	857	$	1,055	$	1,265	$	1,104	$	2,071	$	2,177	$	3,033	$	3,772	$	3,927	$	4,167	$	7,035	$	1,688	$	32,150	
Pool Permits	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	325	$	-	$	-	$	-	$	325	
Access Cards & Equipment Supplies	$	-	$	-	$	-	$	-	$	-	$	5,144	$	-	$	-	$	-	$	-	$	-	$	-	$	5,144	
Fire Alarm & Security Monitoring	$	70	$	35	$	35	$	35	$	35	$	35	$	-	$	35	$	35	$	35	$	35	$	35	$	420	
Fire Alarm & Security Monitoring Repairs	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	
Fire Extinguisher Inspections	$	-	$	-	$	-	$	85	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	85	
Amenity Signage	$	12	$	696	$	-	$	-	$	175	$	-	$	267	$	15	$	-	$	70	$	-	$	-	$	1,236	
Repairs & Maintenance	$	2,187	$	1,250	$	1,250	$	1,650	$	1,250	$	1,250	$	1,250	$	1,620	$	1,272	$	1,596	$	1,250	$	1,250	$	17,076	
Office Supplies	$	100	$	20	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	290	$	73	$	-	$	483	
Operating Supplies	$	556	$	-	$	-	$	430	$	1,274	$	-	$	1,268	$	491	$	338	$	-	$	1,162	$	496	$	6,015	
Special Events	$	1,258	$	202	$	7,048	$	-	$	-	$	1,261	$	1,563	$	4,282	$	841	$	565	$	1,400	$	2,080	$	20,502	
Termite Bond	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	
Holiday Décor	$	5,100	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	5,100	
Subtotal Amenities	$	33,194	$	3,259	$	9,598	$	3,304	$	4,805	$	9,867	$	7,381	$	10,216	$	6,738	$	6,723	$	10,955	$	5,549	$	111,589	

Other
Contingency	

$	-	

$	-	

$	-	

$	-	

$	562	

$	-	

$	252	

$	65	

$	-	

$	1,131	

$	-	

$	-	

$	2,010	
Subtotal Other	$	-	$	-	$	-	$	-	$	562	$	-	$	252	$	65	$	-	$	1,131	$	-	$	-	$	2,010	
														
Total Operations & Maintenance	$	63,456	$	38,429	$	48,631	$	51,841	$	41,223	$	59,164	$	41,078	$	56,523	$	39,151	$	55,382	$	63,080	$	35,992	$	593,952	
														
Total Expenditures	$	84,228	$	44,157	$	56,114	$	56,489	$	48,234	$	72,224	$	53,442	$	78,065	$	62,829	$	63,269	$	75,121	$	44,058	$	738,231	
														
Excess (Deficiency) of Revenues over Expenditures	$	6,586	$	84,566	$	277,214	$	116,888	$	48,761	$	(70,829)	$	18,749	$	5,731	$	25,777	$	(60,229)	$	(74,791)	$	(43,088)	$	335,335	

Other Financing Sources/(Uses)														
Transfer In/(Out) - Capital Reserve	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	
Total Other Financing Sources/(Uses)	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	
														
Net Change in Fund Balance	$	6,586	$	84,566	$	277,214	$	116,888	$	48,761	$	(70,829)	$	18,749	$	5,731	$	25,777	$	(60,229)	$	(74,791)	$	(43,088)	$	335,335	
Tohoqua
Community Development District Long Term Debt Report

Series 2018, Special Assessment Revenue Bonds		
Interest Rates:	4.7%,4.8%		
Maturity Date:	5/1/2048		
Reserve Fund Definition	50% of Maximum Annual Debt Service		
Reserve Fund Requirement	$69,039		
Reserve Fund Balance	$69,039		
Bonds Outstanding - 2/8/18	$2,165,000		
Less: Principal Payment - 5/1/19	($35,000)		
Less: Principal Payment - 5/1/20	($35,000)		
Less: Principal Payment - 5/1/21	($35,000)		
Less: Principal Payment - 5/1/22	($40,000)		
Current Bonds Outstanding	$2,020,000	

Series 2021 Phase 2, Special Assessment Revenue Bonds		
Interest Rates:	2.375%, 2.875%, 3.375%, 4.000%	
Maturity Date:	5/1/2051	
Reserve Fund Definition	50% of Maximum Annual Debt Service	
Reserve Fund Requirement	$72,381	
Reserve Fund Balance	$72,381	
Bonds Outstanding - 3/5/21	$2,580,000	
Less: Principal Payment - 5/1/22	($55,000)	
Current Bonds Outstanding	$2,525,000	

Series 2021Phase 4A/5A, Special Assessment Revenue Bonds		
Interest Rates:	2.500%, 3.125%, 3.600%, 4.000%%	
Maturity Date:	5/1/2051	
Reserve Fund Definition	50% of Maximum Annual Debt Service	
Reserve Fund Requirement	$75,350	
Reserve Fund Balance	$75,350	
Bonds Outstanding - 3/19/21	$2,660,000	
Less: Principal Payment - 5/1/22	($55,000)	
Current Bonds Outstanding	$2,605,000	
Tohoqua
COMMUNITY DEVELOPMENT DISTRICT
Special Assessment Receipts Fiscal Year 2022

Gross Assessments	$  412,340.00	$  146,228.39	$  154,005.37	$  712,573.76	
Net Assessments	$  387,599.60	$  137,454.69	$  144,765.05	$  669,819.33	

ON ROLL ASSESSMENTS
57.87%	20.52%	21.61%	100.00%

Date	
Distribution	
Gross Amount	
Discount/Penalty	
Commission	
Interest	
Net Receipts	
General Fund	Series 2018 Debt Service	Series 2021 - LN Ph2	
Total	

11/22/21	
ACH	
$11,380.76	
($455.24)	
($218.51)	
$0.00	
$10,707.01	
$6,195.75	
$2,197.20	
$2,314.06	
$10,707.01	
12/08/21	ACH	$561,941.86	($22,477.95)	($10,789.28)	$0.00	$528,674.63	$305,924.39	$108,490.16	$114,260.08	$528,674.63	
12/22/21	ACH	$50,300.23	($2,012.06)	($965.76)	$0.00	$47,322.41	$27,383.72	$9,711.11	$10,227.58	$47,322.41	
01/10/22	ACH	$8,188.76	($245.65)	($158.86)	$0.00	$7,784.25	$4,504.45	$1,597.42	$1,682.38	$7,784.25	
02/10/22	ACH	$63,288.83	($1,313.36)	($1,265.78)	$0.00	$60,709.69	$35,130.45	$12,458.33	$13,120.91	$60,709.69	
03/10/22	ACH	$2,486.00	($24.36)	($49.72)	$0.00	$2,411.92	$1,395.69	$494.95	$521.28	$2,411.92	
04/08/22	ACH	$13,670.82	$0.00	($273.42)	$0.00	$13,397.40	$7,752.58	$2,749.30	$2,895.52	$13,397.40	
06/17/22	ACH	$1,355.99	$0.00	($27.12)	$0.00	$1,328.87	$768.97	$272.70	$287.20	$1,328.87	
	TOTAL	$  712,613.25	$  (26,528.62)	$  (13,748.45)	$	-	$  672,336.18	$  389,056.00	$  137,971.17	$  145,309.01	$  672,336.18	

DIRECT BILL ASSESSMENTS

Tohoqua Development Group, LLC 2022-01		
Net Assessments	
$88,883.78	
$88,883.78		
Date
Received	Due
Date	Check
Number	Net
Assessed	Amount
Received	General
Fund	
10/4/21	10/1/21	Wire	$88,883.78	$88,883.78	$88,883.78	
			$	88,883.78	$	88,883.78	$	88,883.78	

Pulte Home Company, LLC 2022-02		
Net Assessments	
$394,756.77	
$244,055.96	
$150,700.81		
Date
Received	Due
Date	Check
Number	Net
Assessed	Amount
Received	General
Fund	Series 2021-PT
Ph4/5 Debt	
11/22/21	12/1/21	95008502	$197,378.39	$197,378.39	$122,027.98	$75,350.41	
2/22/22	2/1/22	95010223	$98,689.19	$98,689.19	$61,013.99	$37,675.20	
4/28/22	5/1/22	95011535	$98,689.19	$98,689.19	$61,013.99	$37,675.20	
			$  394,756.77	$  394,756.77	$  244,055.96	$  150,700.81	

Lennar Homes, LLC 2022-03			
Net Assessments	
$335,185.20	
$335,185.20	
Date
Received	Due
Date	Check
Number	Net
Assessed	Amount
Received	General
Fund	
1/21/22	11/1/21	1726696	$167,592.60	$167,592.60	$167,592.60	
5/10/22	2/1/22	1798217	$83,796.30	$83,796.30	$83,796.30	
6/24/22	5/1/22	1821111	$83,796.30	$83,796.30	$83,796.30	
			$  335,185.20	$  335,185.20	$  335,185.20	

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TOHOQUA RESIDENTS’ CLUB

NOVEMBER 1, 2022
October 2022:

FACILITY REPORT:
The facilities are up and running smoothly.
We continue to issue access cards and giving new homeowners the welcome package
and orientation.
Maintenance is performed weekly.
New trash can installed by the amenity playground.
Clubhouse Rentals in October: 3
October Events Recap:
Residents Business Fair - 18 residents participated as vendors.
Food Truck Social: Cancelled (truck broke down).
Marcos Pizza Homeowner Appreciation Day - Cancelled due to Hurricane Ian.
Events Scheduled for November:
Holiday Drive: November 1st - December 2nd
Fall Festival: Saturday, November 5th
Food Truck Social: Tuesday, November 15th
Holiday Movie Night: Friday, November 18th
Marcos Pizza Homeowner Appreciation Day: Wednesday, November 30th

Pool Usage per Family	Gym Usage

1400
Tohoqua Residents Club Usage Report

1050

700

350

0
August 2022

September 2022

October 2022

Events in October 2022
Residents Business Fair