INSTR# 200822600, OR Book 1582, Page 201, Pages 9, Recorded 08/25/2008 at 02:20 PM.,, John A Crawford, Nassau County Clerk of Cir9J,},iiaoi ;;:S:,	Rec. Fee
$78·. 00 .	<	.	·..

This space reserved for use by the Clerk of
the  Circuit Court

This Instrument Prepared by
and return to:

e. &.	e.?

Amelia Concourse Community Development District Governmental Management Services, Inc.
14785 Old St. Augustine Road, Suite 4
Jacksonville, Florida 32258

DISCLOSURE OF PUBLIC FINANCING AND MAINTENANCE OF IMPROVEMENTS TO REAL PROPERTY UNDERTAKEN BY
THE AMELIA CONCOURSE COMMUNITY DEVELOPMENT DISTRICT

Board of Supervisors and Officers1
Amelia Concourse Community Development District

Gregory E. Matovina Chairman

Sean Junker
Vice Chairman

Michael H. Fox Assistant Secretary

William B. Towers, III Assistant Secretary

Betsy Towers Assistant Secretary

Governmental Management Services, Inc.
District Manager
14785 Old St. Augustine Road, Suite 4 Jacksonville, Florida 32258
(904) 288-9130

District records are on file at the offices of the District Manager and at 463499 S.R. 200, Yulee, Florida, 32041, the local records office. District records are available for public inspection upon request during normal business hours.

This list reflects the composition of the Board of Supervisors and Officers as of June 1, 2008. For a current list, please call the District Manager.

TABLE OF CONTENTS
Introduction.	1
What is the District and how is it governed?.	1
What infrastructure improvements does the
District Provide and bow are  the improvements paid for?	2
District Infrastructure Improvements	3
Transportation Improvements	3
Utility Improvements	3
Stormwater Management Improvements	3
Recreation Facility' Improvements	3
Landscaping Improvements	4
Assessments, Fees, and Charges	4
Method of Collection	4

AMELIA CONCOURSE COMMUNITY DEVELOPMENT DISTRICT

Introduction

On behalf of the Board of Supervisors of the Amelia Concourse  Community Development District ("District"), the following information is provided to give you  a  description of the District's services and the assessments that have been levied within the District to pay for certain community infrastructure and the manner in which the  District  is operated. The District is a unit of special purpose local government created pursuant to and existing under the provisions of Chapter 190, Florida Statutes. Unlike city and county governments, the District has only certain limited powers and responsibilities. These powers and responsibilities include, for example, certain water and sewer facilities and water management and drainage control facilities.

Under Florida law, community development districts are required to take  affirmative steps to provide for the full disclosure of information relating to the public financing and maintenance of improvements to real property undertaken by such districts. The law specifically provides that this information shall be made available to all persons currently residing within the District and to all prospective District residents. The following information, describing the District and the assessments, fees and charges that are anticipated to be levied or have  been levied within the District to pay for certain community infrastructure, is provided to fulfill this statutory requirement.

The District is here to serve the needs of the community and we encourage your participation in District activities.

What is the District and bow is it governed?

The District is an independent special taxing district, created pursuant to and existing under the provisions of Chapter 190, Florida Statutes, and established by Ordinance No. 2006- 58, enacted by the Nassau County Board of County Commissioners on July 10, 2006, and effective on July 18, 2006. The District currently encompasses approximately 199.83 acres of land located entirely within the jurisdictional boundaries of Nassau County, Florida. As a local unit of special-purpose government, the District provides an alternative means for planning, financing, constructing, operating and maintaining various public improvements and community facilities within its jurisdiction.

The District is governed by a five-member Board of Supervisors, the members of which must be residents of the State of Florida and citizens of the United States. Within ninety  (90) days of appointment of the initial board, members were elected on an at-large basis by the  owners of property within the District, each landowner being entitled to one vote for each acre of land with fractions thereof rounded upward to the nearest whole number. Thereafter,  elections are held every two (2) years in November. Commencing six (6) years after the initial

appointment of Supervisors and when the District attains a minimum of two hundred and fifty
(250) qualified electors, the positions of two board members whose terms are expiring shall be filled by qualified electors of the District. The remaining board member whose term is expiring shall be selected by the landowners and is not required to be a qualified elector. Thereafter, as terms expire, board members shall be qualified electors elected by qualified electors of the  district for a term of four years. A "qualified elector" in this instance is any person at least eighteen (I 8) years of age who is a citizen of the United States, a legal resident of Florida and of the District, and who is also registered with the Supervisor of Elections to vote in  Nassau County. Notwithstanding the foregoing, if at any time the Board proposes to exercise its ad valorem taxing power, it shall, prior to the exercise of such power, call an election at which all members of the Board shall be elected by qualified electors of the District.

Board meetings are noticed in the local newspaper and are conducted in a public forum in which public participation is permitted. Consistent with Florida's public records  laws,  the records of the District are available for public inspection during normal business hours. Elected members of the Board are similarly bound by the State's open meetings law and are subject to the same disclosure requirements as other elected officials under the State's ethics laws.

What infrastructure improvements does the District provide and how are the improvements paid for?

The District currently consists of approximately 199.63 acres of land located within unincorporated Nassau County. The legal description of the lands encompassed within  the District is attached hereto as Exhibit A. Current development plans for the District include construction of 458 residential dwelling units. The public infrastructure necessary to support the development program within the development includes, but is not limited to, onsite road improvements, offsite road improvements, water, sewer and other utility facilities, master storm water facilities, entrance features, parks and recreation areas. Each of these infrastructure improvements is consistent with the Nassau County Land Use and Comprehensive Plans and is more fully detailed below. These improvements are being funded by the District's sale of capital improvement revenue bonds (discussed below).

On July 26, 2007, the District issued $7,350,000 Amelia Concourse Community Development District (Nassau County, Florida) Capital Improvement Revenue Bonds, Series 2007 ("Series 2007 Bonds") for the purpose of: (I) financing the cost of acquiring, constructing, and equipping certain infrastructure improvements (described below); (2) paying certain costs associated with the issuance of the Series 2007 Bonds; (3) making a deposit into the Series 2007 Reserve Account for the benefit of the Series 2007 Bonds; and (4) paying a portion  of  the interest to become due on the Series 2007 Bonds.

2

District Infrastructure Improvements

To plan the infrastructure improvements  necessary  for the District, the District adopted an Engineer's Report, as supplemented and amended, which details the District's proposed infrastructure improvements including, but not limited to, onsite road improvements, offsite road improvements, water, sewer and other utility facilities, master storm water facilities, entrance features, parks and recreation areas, each of which is described more fully below. Copies of the Engineer's Report are available for review in the District's public records.

Transportation Improvements

Primary vehicular access to the District is provided from Amelia Concourse with the construction of Daisy Lane providing a two lane, unloaded access road with a median at the entrance. Secondary vehicular access to the District is provide with the construction  of Bellflower Way providing a two lane, unloaded access road. Amelia Concourse is a four-lane divided County road which runs south from Al A along a portion of the northern boundary of the District. Daisy Lane will be irrigated and landscaped and will have underground electric, streetlights, and sidewalks.

Utility Improvements

The District lies within the unincorporated area of Nassau County and the JEA provides both potable water and wastewater service. The District is served by a connection with the existing JEA water main in the Amelia Concourse right-of-way with water supplied by the Nassau Water Treatment Facility. The potable water distribution systems will consist of 10", 8", 6", and 4" water mains with appurtenant water valves and fire hydrants. As for wastewater service, the District's onsite sanitary sewer system will consist of 8" and 10" gravity sewer lines with appurtenant manholes and one pumping station.

Stormwater Management Improvements

The stormwater collection and overflow systems will be a combination of curb  inlets, pipe culverts, control structures, and open waterways. The stormwater management system has been designed in accordance with Nassau County and St. Johns River Water  Management District criteria.

Recreation Facility Improvements

The recreation area is a one-acre acre site located within the District. The recreation area plan consists of a clubhouse, swimming pool, parking lot and playground.

3

Landscaping Improvements

The District will include signage and landscape features at the entrance of the District at the intersection of Daisy Lane and Amelia Concourse. Daisy Lane will be heavily landscaped on both sides of the roadway.

Assessments, Fees, and Charges

The costs of acquisition or construction of a portion of these infrastructure improvements have been financed by the District through the sale of its Capital Improvement Revenue Bonds, Series 2007, in the amount of $7,350,000 (the "Series 2007 Bonds"). The annual debt service
. payments, including interest due thereon, for the Bonds are payable solely from and secured by the levy of non ad valorem or special assessments against lands within the District which benefit from the construction, acquisition, establishment and operation of the District's improvements. The annual debt service obligations of the District which must be defrayed by  annual assessments upon each parcel of land or platted lot will depend upon the type of property purchased. Provided below are the current maximum annual assessment levels for the Bonds. Interested persons are encouraged to contact the District Manager for information regarding special assessments on a particular lot or parcel of lands. A copy of the District's assessment methodology and assessment roll are available for review in the District's public records.

The current maximum annual debt assessment for the Series 2007 Bonds for a single family residential platted lot is $1,200. This maximum annual assessments level amount has been grossed up to include 2% for collection costs levied by Nassau County government and a 4% maximum discount for early payment as authorized by law. Additionally, this amount excludes any operations and maintenance assessments which may be determined and calculated annually by the District's Board of Supervisors against all benefited lands in the District. These assessments will be in addition to debt assessments, and will also be collected  in the same manner as county ad valorem taxes.

The District may undertake the construction, acquisition, or installation of other future improvements and facilities, which may be financed by bonds, notes, or other  methods authorized by Chapter 190 of the Florida Statutes.

A detailed description of all costs and allocations which result in the formulation of assessments, fees and charges are available for public inspection upon request.

Method of Collection

The District's special and maintenance assessments may appear on that portion of the annual real estate tax bill entitled "non-ad valorem assessments," and will be collected by the county tax collector in the same manner as county ad valorem taxes. Each property owner must pay both ad valorem and non-ad valorem assessments at the same time. Property owners will,
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however, be entitled to the same discounts as provided for ad valorem taxes. As with any  tax  bill, if all taxes and assessments due are not paid within the prescribed time limit, the tax collector is required to sell tax certificates which, if not timely redeemed, may result  in the loss of title to the property.

This description of the District's operation, services and financing structure is intended to provide assistance to landowners and purchasers concerning the important role that the District plays in providing infrastructure improvements essential to the development of  new communities. If you have questions or would simply like additional infonnation about the District, please write to District Manager, 14785 Old St. Augustine Road, Suite 4, Jacksonville, Florida 32258 or call (904) 288-9130.

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IN WITNESS WHEREOF, this Disclosure of Public Financing and Maintenance of Improvements to Real Property Undertaken has been executed as of the J!:i.JJL day of
Avfl\/Sf	, 2008, and recorded in the Official Records ofNassau County, Florida.
AMELIA CONCOURSE COMMUNITY DEVELOPMENT DISTRICT

By:	
Chairm	'

Witness	r
lJe-\l-t.v1	 JJw	
PrintNam	{

W ness	d,

STATE OF FLORIDA COUNTY OF	f{Rf,$At/ 
The   foregoing	instrument   was   acknowledged	before	me   this	ft(fk	day of
MV'>1	,  2008,    by    Gregory    Matovina,    Chairman    of    the    Amelia Concourse
Community   Development  District,  who  is  personally   known  to   me  or   who  has produced

 	 as identification, and did [ ] or did not [t] take the oath.

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David  B, dtNIIY
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EXHIBIT A: Legal Description

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.. . .

INSTR# .200822600, Book1582, Page209,	Page: 9 of 9

AU. llIAT CEllTAlN TRACT OR PARCBl. OP LAND LYING IN SECTION 30, TOWNSHIP 2 NORTH. RANGE 21BAST, NASSAU COUNTY, FLORIDA BEING
MOllR PAP.TlCULAllY DBSCIUBBD AS POU.OWS: POil A POINT OP REFERBNCB COMMENCB AT nm NORTHWEST COKNER OP SECTION 32. TOWNSHIP 2 NOllnt, RANGE 28 BAST, NASSAU COUNTY, PLOllIDA SAID
POINT LYING ONmB SOtmlBRLY LINE OF LANDS NOW ORFOIMERLY OF
ROBERT A MARINO AND SOOK MARINO(ACCOR.DlNOTO DEED RECORDED IN BOOK. 933, PAGB 803 OFnmOFFICIAL RECORDS OP SAID COUNTY); RUN mENCB soum SCJ--381-lff" WBST, ALONG mB  SOtJl'HElU.Y LINB OF LAST MBNTIONBD LANDS, A DtsTANCB OF 1513.44 FBBT TOnmSOUTHWEST COR.NEll mEREOP AND nmPOINT OF BEGINNING. SAID POOO ALSO LYING ON nm NORnmR.LY LINE OP LANDS NOW OR. FORMERLY OF
LOUISE WllJ.JAMS (ACCORDlNO TO DEBI> RECORDED IN BOOK S48, PAOB SOS OF nm OFFICIAL R!CORDS OF SAID COUNTY).
FROM THB POJNI' OF BBGINNING mus DESCRJBBD CONTINUE soum 89°- 38'-10" WEST ALONG THE NORTHER!.Y LINE OF UST MENTIONED LANDS, A DISTANCE OF lnI .S4 PEET TO THB SOtrlHWBS'IERLY CORNER OP SAID SEcrION 30; RUNnIENCENOR.ffl01°-14'-16"WBST. ALONGmE WESTER.LY SECTION OP LINE OF SAID SECTION 301  A DISTANCE OF 3420.44 PEBT TO A POINT ON A NON-TANGENT CURVB; RUN THENCB IN A SOUTHEASTERLY
DIRECTION ALONG nm ARC OF A CURVE. SAID CUllVB BEING CONCAVE TO nm NOJtnmAST AND HAVINO A JlADIUS OF I104.93 FEET, A CHORD DISTANCB OP STT.66 PEET TO nm POINT OF TANcmNCY OP SAID CUR.VB.
nm	BEAR.ING OF nm AFOREMBNTIONBDCHORD BEING SOUI'lf Jr-.S0'-48"
EAST; RUN nmNCB SOUTH 54°--00'-00" EAST, A DISTANCE OF SS0.61 FEET TO
A POINI' OF CURVAn.ntE; RUN nmNCB IN A SOUTHEASTERLY DJRBCTION ALONG nm ARC OF A CURVE. SAID CURVE BmNO CONCAVB TO nm NOllmEAST AND HAVINO A RADIUS OF 2059.16 P'BBT, A OIOR.D DISTANCB
OF 926.74 PBBT TO TifBPOJNT OF TANGENCY OP SAID CUR.VB. 11m
BBARING OP nm AFOREMENTIONED OIOIU> BEING SOtml 67"-00'-<Xf'
BAST; RUN TimNCB SOUnl 80°..00'..0/1' EAST, A DISTANCE OF 2049.03 PBBT TO A POINT ON nm WBSTERLY LINE OF nm AFOlt.EMEN11ONED LANDS
NOW OR. FOR.MBlU..Y OP ROBHRT A. MAlllNO AND SOOK MARINO (ACCORDING TO DEED RECORDED rN BOOlt 933, .PAOB 803 OP nm OFFICIAL
RECORDS OF SAID COONTY); RUN nmNCR SOUI'H 05°-00'-tX1' BAST, ALONG
nm WHSiERLY LINE OP LAST MENnONBl> LANDS, A DISTANCB OF 1911.Sl
FEET TO TifB POOO OP BEGINNING.
nm LAND THUS DBSCIUBBD L'ONTAlNS J99.83 ACRES, MORB OR LBSS, AND IS SUBJECT TO ANY BASEMENTS OF RECORD THAT LIB WITHIN.		
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McCrani, cl Assoclat,s, Inc.	DISTRICT LEGAL BOUNDARY	I
AND DESCRIPTION		
			
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AMELIA CONCOURSE, COO
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EXHIBIT A
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