Amelia Concourse
Community Development District
May 15, 2018

Amelia Concourse
Community Development District

475 West Town Place, Suite 114, St. Augustine, Florida 32092 Phone: 904-­‐‑940-­‐‑5850 -­‐‑ Fax: 904-­‐‑940-­‐‑5899

May 8, 2018

Board of Supervisors Amelia Concourse
Community Development District Dear Board Members:
The Amelia Concourse Community Development District Meeting is scheduled for Tuesday, May 15, 2018 at 11:00 a.m. at the Amelia Concourse Amenity Center, 85200 Amaryllis Court, Fernandina Beach, Florida. The following is the advance agenda for the meeting:

Roll Call
Audience Comments
Approval of the Minutes of the February 20, 2018 Meeting
Consideration of the Capital Reserve Study
Consideration of Resolution 2018-02, Approving the Proposed Budget and Setting a Public Hearing Date for Adoption
Consideration of Resolution 2018-03, Changing the Designated Registered Agent
Other Business
Staff Reports
Attorney
Engineer
Manager - Report on the Number of Registered Voters (280) / General Election Discussion
Operations Manager – Report
Financial Reports
Balance Sheet and Statement of Revenues & Expenditures
Approval of Check Register
Assessment Receipt Schedule
Audience Comments / Supervisor’s Requests
Next Scheduled Meeting – August 21, 2018 at 11:00 a.m. at the Amelia Concourse Amenity Center
Adjournment

Enclosed under the third order of business are the minutes of the February 20, 2018 meeting.

The fourth order of business is consideration of the capital reserve study. A copy of the study is enclosed for your review and approval.

The fifth order of business is consideration of resolution 2018-02, approving the proposed budget and setting a public hearing date for adoption. Copies of the resolution and budget are enclosed for your review and approval.

The sixth order of business is consideration of resolution 2018-03, changing the designated registered agent. A copy of the resolution is enclosed for your review and approval.

Enclosed under staff reports is the report on the number of registered voters and the operations report.

Copies of the balance sheet and statement of revenues and expenditures, the assessment receipt schedule and the check register are enclosed for your review and approval.

The balance of the agenda is routine in nature and staff will present their reports at the meeting. If you have any questions, please contact me.

Sincerely,

Dave deNagy Manager

cc:	Jason Walters	Jennifer Gillis	Dan McCranie	
	Darrin Mossing	Karen Jusevitch	Tom Jones	
	Julie Best	Tony Shiver	Gabriel McKee	

2

AGENDA

Amelia Concourse Community Development District
Agenda
Tuesday	Amelia Concourse Amenity Center
May 15, 2018	85200 Amaryllis Court
11:00 a.m.	Fernandina Beach, Florida 32034
Call In # 1-800-264-8432 Code # 988243
www.ameliaconcoursecdd.com

Roll Call

Audience Comments

Approval of the Minutes of the February 20, 2018 Meeting

Consideration of the Capital Reserve Study

Consideration of Resolution 2018-02, Approving the Proposed Budget and Setting a Public Hearing Date for Adoption

Consideration of Resolution 2018-03, Changing the Designated Registered Agent

Other Business

Staff Reports
Attorney

Engineer

Manager - Report on the Number of Registered Voters (280) / General Election Discussion

Operations Manager – Report

Financial Reports
Balance Sheet and Statement of Revenues & Expenditures

Approval of Check Register

Assessment Receipt Schedule

Audience Comments / Supervisor’s Requests

Next Scheduled Meeting – August 21, 2018 at 11:00 a.m. at the Amelia Concourse Amenity Center
1

Adjournment

2

MINUTES

MINUTES OF MEETING
AMELIA CONCOURSE COMMUNITY DEVELOPMENT DISTRICT

The regular meeting of the Board of Supervisors of the Amelia Concourse Community Development District was held Tuesday, February 20, 2018 at 12:00 p.m. at the Amelia Concourse Amenity Center, 85200 Amaryllis Court, Fernandina Beach, Florida 32034.

Present and constituting a quorum were:

James Marvin	Chairman
David Jae	Vice Chairman
Debbie Malloch	Supervisor
Scott Campbell	Supervisor (by phone) Also present were:
Dave deNagy	District Manager
Jason Walters	District Counsel
Dan McCranie	District Engineer
Daniel Laughlin	GMS
Tony Shiver	First Coast CMS

FIRST ORDER OF BUSINESS	Roll Call
Mr. Laughlin called the meeting to order at 11:00 a.m.

SECOND ORDER OF BUSINESS	Audience Comments
There being none, the next item followed.

THIRD ORDER OF BUSINESS	Approval of Minutes
August 15, 2017 Meeting
January 16, 2018 Special Meeting
There were no corrections to the minutes

On MOTION by Ms. Malloch seconded by Mr. Marvin with all in favor the Minutes of the August 15, 2017 Meeting and the January 16, 2018 Special Meeting were approved.

FOURTH ORDER OF BUSINESS	Consideration	of	Resolution	2018-01,
Instructing the Nassau County Supervisor  of

Elections to Begin Conducting the District’s General Elections

Mr. deNagy stated each of the board members serve four-year terms. We have general elections this November and we have three seats whose terms expire. Those seats include Mr. Marvin - seat two, Ms. Malloch - seat three and Mr. Campbell - seat five. Two of these seats will be filled by general election through the election process and the third seat will be filled by landowners’ election. The two seats to be filled by general election will be seat two and seat three. This is direction to the Nassau County Supervisor of Elections to get that process started.
Mr. Jae asked I assume we’ve exceeded the number of registered voters and this is the next step in transitioning the board?
Mr. deNagy responded yes, we’ve exceeded the 250 qualified electors in the district so two of the five seats of the board will be residents after this November’s general elections if we get two folks who are residents that want to serve on the board and submit their name to the Supervisor of Elections this year. I believe you have to do that by the end of June and you can look at the Supervisor of Elections’ website to get more information if you’re interested in sitting on the CDD board.
Mr. Marvin asked I think there was an agreement between bondholders and the CDD to have controlling votes on the board for a certain amount of time and I don’t know how long that was. Does that come into play?
Mr. Walters responded I believe that was related to the tri-party agreement and I believe the understanding was on the proxy landowner’s side because the SPE owns certain lands and those lands vote in the landowners’ election and that is what that is related to. That will not impact the two seats that are going up for general election. Those are required by statute to be filled by registered voters who reside within the district. The third seat that is up will be a landowner’s election vote again and so all of the landowners within the district have a right to vote in that election.
Mr. Marvin stated there was some point where the Lerner people were managing for the bondholders and were given the right to control the board.
Mr. Walters stated to control the votes for the election of those seats so the other rub here is going to be that land is going to be sold by the SPE to the other landowner and at that point those obligations will be extinguished.

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Mr. Marvin asked if that didn’t close would it change? Mr. Walters responded potentially, yeah.
Mr. Jae stated not for the two seats that are subject to the general election by statute.

On MOTION by Mr. Marvin seconded by Mr. Jae with all in favor resolution 2018-01 was approved.

FIFTH ORDER OF BUSINESS	Ratification	of	Engagement	Letter	with
Berger, Toombs, Elam, Gaines & Frank for the FY 2017 Audit
Mr. deNagy stated I went ahead and submitted this to Berger Toombs so that we could get the audit started.

On MOTION by Mr. Marvin seconded by Ms. Malloch with all in favor the engagement letter with Berger, Toombs, Elam, Gaines & Frank for the FY 2017 audit was ratified.

SIXTH ORDER OF BUSINESS	Ratification of Series 2016 Requisition Nos.
15-20
Mr. deNagy stated the total of the requisitions is $232,629.27. Those include requisitions 15 and 16 to AJ Johns, 17 to Adkins Electric, 18 to GMS, 19 to Hopping Green and 20 is McCranie & Associates.
Mr. Marvin asked where do we stand with AJ Johns. Have we paid them off? Mr. Jae responded we paid them in full.
Mr. Marvin stated I think I saw something that said the total overage was like $300? I thought that was pretty good.
Mr. Jae stated we budgeted pretty well.

On MOTION by Ms. Malloch seconded by Mr. Jae with all in favor requisition numbers 15 through 20 were ratified.

SEVENTH ORDER OF BUSINESS	Other Business
Mr. Marvin stated I’d like to start taking care of the rest of the lake bank maintenance.
Mr. Shiver stated Martex was contacted about that. They have not done it yet. I think they are waiting for the spring for that to happen and then they were going to maintain it.

3

EIGHTH ORDER OF BUSINESS	Staff Reports
Attorney
Mr. Walters stated Scott, I’m trying to recall the closing date on Phase III.
Mr. Campbell stated it’s dependent upon final permits and approvals so it’s a floating date. There may be an outside date and I just don’t recall what it is. I think it’s later this year.
Mr. Walters stated I just want to update the board that we have executed that purchase and sale agreement so we are moving forward with that. Like Scott said the closing is at a date to be determined. I would anticipate, depending on that timing and schedule, that we would begin looking at the financing and potentially gathering proposals for that site work on Phase III at the May meeting. Dependent on how far we are along that may be something we bring back starting in May and get the rest of the project completed and we will be in good shape.
Mr. Jae asked are they in the process of having an engineering firm do the permitting or what’s their status?
Mr. Walters responded you’d have to ask the potential purchasing landowner on that. I don’t know where they stand.
Mr. Marvin stated I haven’t heard any such thing.
Mr. Jae stated they haven’t contacted me to start any kind of permitting activities. Mr. Marvin asked how long is permitting?
Mr. Jae responded you have to go through Nassau County and it will take four to six months of paperwork.

Engineer
Mr. McCranie stated I need to check on the water management district transfer into the operation phase. I’m going to get on that. I don’t believe we’ve ever gotten any actual letter of acceptance from Nassau County so I want to check on all that paperwork and make sure that is completed and make sure there is no other obligation.
Mr. Marvin asked who is mowing that now?
Mr. McCranie responded I don’t know. I’ll coordinate that with Dreamfinders and once they’ve done everything I think we talked at the last meeting to make sure they do a final mowing and give it to the district in a good clean manner.
Mr. Marvin stated when we talk about the lakes we’re talking about the storm drainage pipes and there’s two right?

4

Mr. McCranie responded yes, the whole stormwater system. Mr. Marvin asked all that gets turned over to the CDD right?
Mr. McCranie responded I think that’s already yours but the water management district permit currently is in Dreamfinders name and it will transfer into operations instead of construction.
Ms. Malloch asked what happened with that resident’s driveway that we talked about at the August meeting?
Mr. McCranie responded we found that when one of the utilities came through they cut a sewer line. It was the sewer service line so we contacted the county and they came out and then pushed JEA to come look at it. JEA came out and dug and saw where the problem was and then they got one of the utility guys to fix it. I know the property owner was very happy and appreciative that we as a board helped him out.

Manager
Mr. deNagy stated I think you were sent a copy, and if not you’ll be sent shortly the reserve study that we received too late to get into the agenda package. We will put this on the May meeting agenda after you’ve had a chance to review it. The reserve study will factor into our FY19 budget this year so please take a look at it and we will bring it back for board consideration. That will also be our FY19 budget meeting.

Operations Manager - Report
Mr. Shiver stated the issues we were having at the center of the entrance for the lighting were repaired and we ordered seven LED lights to match what we should have at the monuments so those will be installed in the next couple of weeks.
Bowman Heating and AC was contacted regarding the air conditioning and heating of the bathroom and they found a bad contactor and that was repaired.
We requested that Martex provide proposals to re-mulch the playground to ADA standards and they did that.
We contacted Heath Jones with the stump grinders to remove the stump that remains after Hurricane Irma over by the second entrance. He was supposed to follow up with me yesterday and he has not so I will call him right after this meeting.

5

At the time of this report Nassau Fence was supposed to have us on their schedule to repair the fence at the second entrance that was also damaged by that tree but they are not pushing it along because it’s such a small job so we contacted Wolf Fencing last week and he assured me it would be repaired this week.
Mr. Marvin stated it seems like we’re fence repair problems everywhere because of the hurricane. It’s just so much work.
Mr. Shiver stated it’s such a small job and that’s the other part. They started out fixing what they installed and now they’re taking on some of the bigger jobs. Just prior to this meeting Wolf Fencing assured me he would have it fixed.

NINTH ORDER OF BUSINESS	Financial Reports
Balance Sheet and Statement of Revenues & Expenditures
Mr. deNagy stated you have your balance sheet and income statement as of January 31, 2018 in your agenda package and the assessment receipt schedule as of early January.

Approval of Check Register
Mr. deNagy stated the check run totals $220,643.97.

On MOTION by Mr. Marvin seconded by Ms. Malloch with all in favor the Check Register totaling $220,643.97 was approved.

Assessment Receipt Schedule

TENTH ORDER OF BUSINESS	Audience Comments / Supervisor’s Requests Audience Comments
Ms. Natalie Voytac, 95142 Periwinkle Place stated I have some requests from residents. The first one has to do with the pool area. Resident requests that the CDD consider installation of solar heating of the pool.
Mr. Shiver stated I can tell you from experience that most of the commercial pools that have solar heating installed are having them removed, one because of the leaks, and two they don’t heat that well during the period you want it to heat. The alternative would be traditional heating. You have three systems so you would have to decide which pool you would want to have heated. The initial installation for heaters to accommodate the larger pool would probably be close to $35,000 to $45,000 with an annual increase in your electric of around $18,000.
Mr. Marvin asked what is your question?

6

Ms. Natalie Voytac responded the resident said it seems like we could all be getting more use out of the pool if we had more heating and could we ask the CDD to put in solar heating. I realize money doesn’t come out of thin air but wanted to present their question and see what the feasibility is.
Mr. Marvin stated so we have staff saying it’s not practical to do it. Does that answer your question?
Ms. Natalie Voytac responded I’m assuming it does. It’s a substantial increase.
Mr. Shiver stated there would also be an increase in chlorine if you are using the pool year round because of the evaporation.
Ms. Natalie Voytac stated so essentially that all ends up getting charged back to the residents?
Mr. Shiver responded right.
Ms. Natalie Voytac stated the next item has to do with the construction phase. A resident is wondering if the CDD could install a sign similar to the one at the entrance to Amelia Walk. Apparently they have a sign that states “this is a construction site and vehicles are only allowed to enter during posted hours and must leave by posted hours”. They’re thinking that will alleviate some of the issues with trespassing and whatever else is going on back there.
Mr. Marvin asked can you ask Dreamfinders if they would do that and if not, maybe you could see what it would cost to do that?
Mr. deNagy responded absolutely.
Ms. Natalie Voytac stated the last item I have is a follow up from a request that was made at the last meeting that had to do with Dreamfinders being a little more diligent in drug screening for their subcontractors.
Mr. deNagy stated I’ll follow up with Mr. Powell on that and get back to you.
Mr. Marvin stated I must say that it’s not really anything that we’re involved in and I think we’ve explained that before. Dave, if you could follow up I’d appreciate it but this board is not really in the drug enforcement business.
Ms. Kassandria Brown, 95099 Lilac Drive, stated just to touch on the fence, if you go down Lilac and you look down to the left the fence is actually moved. The fences used to touch and they don’t but it’s from the hurricane so I don’t know if the person that’s looking at the fence could look at that one as well?

7

Mr. Shiver asked is it by a homeowner or at the end of the cul-de-sac?
Ms. Kassandria Brown responded it’s at the end of a cul-de-sac but it’s in between my house and the fence behind us.
Mr. Shiver stated you say the fence doesn’t touch. Are you referring to a fence that is on private property versus touching a CDD fence? Is it because the CDD fence is now leaning towards the road?
Ms. Kassandria Brown stated it’s leaning towards the road.
Mr. Marvin asked you’re going to look into that and see what we can do about getting that corrected?
Mr. Shiver responded correct.
Ms. Kassandria Brown stated also do we take down the Christmas lights or do we keep those up?
Mr. Shiver responded they’re gone. They were removed yesterday. Mr. Marvin asked where does the Christmas stuff live?
Mr. Shiver responded in storage.
Mr. Rick Fine, 85140 Amaryllis, asked the discussion about clearing around the pond, are you talking about where Phase III is?
Mr. Marvin responded yes.
Mr. Rick Fine asked so we’re just talking about clearing the pond banks and clearing all the way around the banks so they can be maintained better? Those of that live here like it this way.
Mr. Marvin stated if that’s the consensus from the community it’s all right with me but when they do Phase III it’s going to be cleared.
Mr. Rick Fine asked when is Phase III? Mr. Marvin responded next year or so.
Mr. Rick Fine stated I’m talking about the grasses.
Mr. Marvin stated if there is a consensus there then we won’t do anything.
Mr. Shiver stated in our contract with the lake maintenance company they are now supposed to be picking up debris each time they’re there so that problem should be eliminated.
Mr. Marvin stated they like the natural vegetation is what they’re saying. Mr. Rick Fine stated that’s what I’m saying.

8

Mr. Marvin stated then let’s tell them to leave it alone for now.
Mr. Shiver stated the issue is whenever we contact the water management district and say these ponds are now ready to be in the operational phase the water management district will come out and look at the ponds. All pond banks are supposed to be grassed, graded and maintained and they may be the ones to tell us we must do that.
Mr. Marvin stated but we haven’t been put on notice to do that.
Mr. Shiver stated I’m only going to recommend that if it’s a requirement because we haven’t been put on notice.
Mr. Marvin stated if the residents want it to stay like that until Phase III is done it’s okay with me.
Mr. Rick Fine stated it’s not a question of when it’s done it’s a question of when Phase III starts I would expect it to be cleared but if you live here it’s a nice view.
Mr. Shiver stated we will pump the brakes on the whole thing and we will wait until it becomes a requirement. If a resident notices a problem with debris or anything like that please bring it to my attention so I can make sure the aquatic vendor takes care of it.
Mr. Dennis Partridge, 95134 Snapdragon Drive, stated since you’re talking about debris.
The pond is a mess. Workers throw their garbage down from lunch.
Mr. Marvin stated one of our board members works for Dreamfinders and we will ask Dave to contact him and let him know there has been a complaint about that.
Mr. Dennis Partridge stated we picked up quite a bit of trash out of the pond when we first moved in but it’s significant. My other question is how do I get a key to this pool?
Mr. Marvin asked could you speak with Debbie after the meeting?
Mr. Shiver stated let me back up. I’ll give you my business card. You don’t have to put up with the debris in the pond if you see stuff like that, you don’t have to wait until the meeting. You can email me and I’ll make sure it gets cleaned up.
Mr. Marvin stated there is going to be trash blowing around with new construction.
Mr. Dennis Partridge stated we expect that but this wasn’t trash blowing around from construction. This is their food and bottles. They’re just throwing it down and I know that because across me are two brand new lots that have just been cleared out and the guys who are laying the foundation threw their trash on the ground.

9

Mr. Marvin stated I’m so sorry but it’s going to happen. We will complain to the builder but I can’t promise you it won’t happen.

ELEVENTH ORDER OF BUSINESS	Next Scheduled Meeting – May 15, 2018 at
11:00 a.m. at the Amelia Concourse Amenity Center
Mr. deNagy stated the next scheduled meeting is May 15, 2018 at 11:00 a.m. at this location. This will be our FY19 budget approval. As you know, the budget is a two-step process. We approve the budget and then we adopt the budget 60 days after the approval process. Any ideas you have on the O&M budget for next year let us know and we will make sure to include that in the budget.

TWELFTH ORDER OF BUSINESS	Adjournment

On MOTION by Ms. Malloch seconded by Mr. Marvin with all in favor the meeting was adjourned.

Secretary / Assistant Secretary	Chairman / Vice Chairman

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FOURTH ORDER OF BUSINESS

Full Reserve Study For
Amelia Concourse Community Development District
Yulee, Florida

Prepared for FY 2018/2019 Report Date: February 16, 2018

February 16, 2018

Mr. Daniel Laughlin Assistant District Manager
Governmental Management Services, LLC 475 West Town Place, Suite 111
St. Augustine, FL 32092

Re: Reserve Study Report for Amelia Concourse Community Development District Dear Mr. Laughlin:
Community Advisors is pleased to provide this Reserve Study report for the above referenced District. A site visit was conducted to determine the condition of your major components and project their remaining useful life. We recommend an update with a site visit every two to three years unless changes in inventory or component inventory have occurred.

We have developed a plan to fund future capital component replacement which is dependent on adequate funding, component maintenance, usage, weather and other factors. Component replacement cost is determined using local vendors and industry standard publications. This Reserve Study was prepared under the guidelines of the National Reserve Study Standards which is administrated by the Community Association Institute and the Standards of Practice established by the Association of Professional Reserve Analyst.

Once you have reviewed this report and considered recent expenditures and any historic cost data we will make necessary adjustments. Thank you for this opportunity and please let me know if you have any questions or concerns.

Respectively submitted,

Charles R. Sheppard RS PRA CCI
Professional Reserve Analyst

10459 Hunters Creek Court Jacksonville, FL 32256
(904) 303-3275
www.communityadvisors.comm

TABLE OF CONTENTS
Amelia Concourse Community Development District

PART I EXECUTIVE SUMMARY
Cash Flow Method Summary 	1-1

PART II FINANCIAL PLAN
Cash Flow Funding Plan 	2-1 Annual Asset Expenditure Charts 	2-2 Cash Flow 	2-3
PART III EXPENDITURES
Asset Current Cost by Category 	3-1 Annual Expenditure Detail 	3-2
PART IV COMPONENT INVENTORY & INFORMATION
Component Inventory 	4-1 Component Detail Index 	4-3 Component Detail 	4-5
PART V METHODOLOGY & ASSUMPTIONS
Methodology 	5-1
Definitions 	5-3

PART VI TERMS OF SERVICE
Terms of Service 	6-1

PART VII - COMPANY PROFILE
Company Information 	7-1 Credentials 	7-2

Report Navigation
Your report has been prepared by a Reserve Analyst certified by both CAI and APRA which includes information about your components, financial status and provides a plan for future capital replacement cost. Content of each section is found below.
D	Table of Contents will guide you to each section
D	Project Assumptions & Notes contains information specific to your property, components not included and other useful information.
D	The Executive Summary provides a snap-shot of your information that includes inflation and interest rates, annual increases to assessment, reserve fund beginning balance and required contributions. Also in the body of the page is a property description and other valuable information.
D	Funding Plan is your financial plan and includes replacement cost, necessary contributions, interest earned, expenditures, year ending reserve balance, fully funded reserves and percent funded.
D	Annual Asset Expenditure Charts provide a graphic illustration of expenditures and assessments. We try and make the assessments moderate and fairly level over time with slight increases.
D	Funding Plan vs Fully Funded chart is a graphic illustration of how your funding plan compares to a fully funded level. With Cash Flow Funding, it is not necessary to be fully funded as the chart shows but somewhere close to that figure over time is desired.
D	Cash Flow is a 30-year statement that provides both income and expense information to quickly find when expenditures occur and the resulting financial status of your reserves.
D	Asset Current Cost by Category chart indicates where the replacement cost occurs by category such as painting, paving and roofing.
D	Annual Expenditure Detail provides a year to year list of your projected expenditures. This is a good section to review each year when preparing your budgets.
D	Component Inventory contains a list of your components, remaining useful life and quantities, we determined from our site visit and other means of measurement.
D	Component Detail Index allows quick access to the detail we have included for each component separated into categories.
D	Component Detail provides a listing of each component, quantities or allowances and photographs of major ones.
D	Methodology - Terms of Service – Company Profile are our Disclosure sections with information about our assumptions, methods of work, what we agree to do and our credentials.

General Information

Project Notes & Assumptions

Some components have an unpredictable useful life which is dependent on original construction quality, maintenance procedures, amount of use and wear or for exterior components, the additional factor of exposure to the elements. Other components may be replacement over time due to varying condition for the same component or the Association has planned to fund this over time because of cost.
For these components, we often apply an allowance. Once we identify these components the Association should monitor annual repair and maintenance cost, so allowances can be adjusted at the next update.
Annual inspection by professional consultants of major components is recommended to extend the useful life of components and reduce operating cost. Cleaning, repair and regular maintenance should be completed based on these inspections. Recommended components include site concrete, roofing, gutters, paving, siding, painting, window and door sealants and other components as necessary.
Property Specific Information
D	We assume all pool areas will be resurfaced at one time.
D	Useful life of play equipment is dependent on use and weather. Replacement cost can vary with equipment selected therefore an allowance has been included for this component.
D	Pool deck pavers will experience wear over time therefore the cost for replacement has been included.
The District may elect to not reserve for this large expenditure until future years.
D	Clubhouse and pool furniture useful life is dependent on use therefore an allowance has been included.
D	Vinyl privacy fence included in this analysis is limited to Amelia Concourse.
Components not included in this analysis
D	Storm water pipe and structures
D	Pond engineering evaluation or dredging and pond fountains
D	Sidewalk, curb, swale total replacement
D	Monument sign lighting and wiring
D	Main utility lines
D	Electrical transformers and connecting lines to buildings
D	Building foundations and frames
D	Building siding and trim, windows and doors
D	Utility lines within structures
D	Common water, sewer and vent
D	Electrical panels
D	Telephone and cable lines
D	Fire protection systems
D	Pool shell

Yulee, Florida
Cash Flow Method Summary

Report Date

February 15, 2018

Budget Year Beginning Budget Year Ending

October 01, 2018
September 30, 2019

Report Parameters

Inflation
Annual Assessment Increase Interest Rate on Reserve Deposit

3.00%
2.00%
1.50%

2018 Beginning Balance

$50,000

Amelia Concourse Community Development District is located in Yulee Florida and has as its major components, fencing, gates, pool, and clubhouse. Components observed appear in fair to good condition with exceptions noted in this report.

The funding goal for the Association is adequate funding using the Cash Flow Funding Method to determine required contributions and the District will begin FY 2018/2019 underfunded. A one time “catch up” amount has been applied to allow a moderate contribution that rises annually and prevents increases and decreases in necessary contributions.

Some components may be repaired to extend their remaining useful life, and which results in changes to the current funding plan. The recommended funding plan is located on page 2-1 which provides adequate funding assuming proper maintenance and annual updates to this study. Regular updates include changes in component condition, interest rates and reserve fund balances.

Threshold Funding Model Summary of Calculations

Required Annual Contribution Average Net Annual Interest Earned Total Annual Allocation to Reserves

$35,227.47
  $1,338.41
$36,565.88

Community Advisors Page 1-1
February, 15 2018

Cash Flow Funding Plan

Beginning Balance: $50,000

Year	
Current Cost	
Annual Contribution	
Annual Interest	
Annual Expenditures	Projected Ending Reserves	Fully Funded Reserves	
Percent Funded	
18-19		6,000	Catch Up					
18-19	399,384	35,227	1,338	2,000	90,566	262,951	34%	
19-20	411,366	35,932	1,696	13,400	114,794	282,248	41%	
20-21	423,706	36,651	1,029	82,827	69,647	232,158	30%	
21-22	436,418	33,659	1,481	4,589	100,198	261,982	38%	
22-23	449,510	34,332	1,616	26,787	109,359	270,665	40%	
23-24	462,996	35,019	1,227	62,601	83,004	243,662	34%	
24-25	476,885	35,719	1,745	2,388	118,080	278,749	42%	
25-26	491,192	36,434	2,200	7,871	148,842	310,148	48%	
26-27	505,928	37,162	2,543	16,481	172,067	334,555	51%	
27-28	521,106	37,906	2,128	68,109	143,991	307,480	47%	
28-29	536,739	38,664	2,700	2,688	182,666	347,967	52%	
29-30	552,841	39,437	2,951	25,359	199,695	367,339	54%	
30-31	569,426	40,226	3,513	5,703	237,731	408,589	58%	
31-32	586,509	41,030	4,137	2,937	279,962	455,009	62%	
32-33	604,104	41,851	1,127	246,693	76,247	252,869	30%	
33-34	622,227	42,688	1,382	26,813	93,504	272,290	34%	
34-35	640,894	43,542	2,008	3,209	135,843	317,789	43%	
35-36	660,121	44,412	2,605	6,611	176,249	362,367	49%	
36-37	679,925	45,301	3,272	3,405	221,417	412,842	54%	
37-38	700,322	46,207	1,327	179,140	89,811	285,116	31%	
38-39	721,332	47,131	2,000	3,612	135,330	335,685	40%	
39-40	742,972	48,073	1,300	96,735	87,968	293,226	30%	
40-41	765,261	49,035	1,624	28,761	109,866	320,920	34%	
41-42	788,219	50,016	2,339	3,947	158,273	376,459	42%	
42-43	811,865	51,016	3,078	4,066	208,302	435,041	48%	
43-44	836,221	52,036	3,704	13,400	250,642	487,311	51%	
44-45	861,308	53,077	2,095	164,056	141,758	387,563	37%	
45-46	887,147	54,139	2,732	13,772	184,856	441,254	42%	
46-47	913,762	55,221	3,533	4,576	239,034	507,715	47%	
47-48	941,175	56,326	2,196	148,958	148,597	429,194	35%	

Community Advisors Page 2-1
February, 15 2018

Annual Asset Expenditure Charts

Community Advisors Page 2-2
February, 15 2018

	18-19	19-20	20-21	21-22	22-23	23-24	24-25	25-26	26-27	27-28	
Beginning Balance	50,000	90,566	114,794	69,647	100,198	109,359	83,004	118,080	148,842	172,067	
Annual Assessment	*41,227	35,932	36,651	33,659	34,332	35,019	35,719	36,434	37,162	37,906	
Interest Earned	1,338	1,696	1,029	1,481	1,616	1,227	1,745	2,200	2,543	2,128	
Expenditures	2,000	13,400	82,827	4,589	26,787	62,601	2,388	7,871	16,481	68,109	
Fully Funded Reserves	262,951	282,248	232,158	261,982	270,665	243,662	278,749	310,148	334,555	307,480	
Percent Fully Funded	34%	41%	30%	38%	40%	34%	42%	48%	51%	47%	
Ending Balance	90,566	114,794	69,647	100,198	109,359	83,004	118,080	148,842	172,067	143,991	

Description
Misc. Site Components		
Asphalt Resurfacing - Amenity Lot
Decorative Light Poles		
Misc. Site Components Total:		
Fencing & Gates		
Aluminum Fence 4 FT
Aluminum Fence 5 Ft		
Vinyl Privacy Fence - Perimeter
Vinyl Privacy Fence - Pool		
Fencing & Gates Total:		
Misc. Building Components		
Floor Tile - Function Room	4,697	
Restroom Renovation Allowance	19,572	
Wood Cabinets & Stone Tops	2,871	
Misc. Building Components Total:	27,139	
Roofing		
Aluminum Gutters & Downspouts
Asphalt Shingles - Clubhouse	
21,920	
Asphalt Shingles - Entry Monuments	3,914	
Roofing Total:	25,835	

Community Advisors Page 2-3
February, 15 2018

	18-19	19-20	20-21	21-22	22-23	23-24	24-25	25-26	26-27	27-28	
Description
Painting											
Exterior Painting - Clubhouse		6,396							7,867		
Exterior Painting - Entry Monuments		4,944							6,080		
Painting Total:		11,340							13,947		
Furniture Fixtures & Equipment											
Clubhouse Furniture Allowance						2,319					
Pool Furniture Allowance			2,122					2,460			
Refrigerator				2,404							
Shade Structure Frame											
Furniture Fixtures & Equipment Total:			2,122	2,404		2,319		2,460			
HVAC											
Heat Pump - Club Room			8,487								
HVAC Total:			8,487								
Swimming Pool											
Concrete Pavers - Pool Deck											
Handicap Lift					7,653						
Pool Equipment Allowance	2,000	2,060	2,122	2,185	2,251	2,319	2,388	2,460	2,534	2,610	
Pool Play Equipment Allowance					16,883						
Pool Resurfacing			49,905								
Pool Tile			20,191								
Shade Structure Frame										12,526	
Swimming Pool Total:	2,000	2,060	72,218	2,185	26,787	2,319	2,388	2,460	2,534	15,135	
Playground											
Park Benches								2,952			
Play Equipment Allowance						57,964					
Playground Total:						57,964		2,952			

Year Total:	2,000	13,400	82,827	4,589	26,787	62,601	2,388	7,871	16,481	68,109

Community Advisors Page 2-4
February, 15 2018

	28-29	29-30	30-31	31-32	32-33	33-34	34-35	35-36	36-37	37-38	
Beginning Balance	143,991	182,666	199,695	237,731	279,962	76,247	93,504	135,843	176,249	221,417	
Annual Assessment	38,664	39,437	40,226	41,030	41,851	42,688	43,542	44,412	45,301	46,207	
Interest Earned	2,700	2,951	3,513	4,137	1,127	1,382	2,008	2,605	3,272	1,327	
Expenditures	2,688	25,359	5,703	2,937	246,693	26,813	3,209	6,611	3,405	179,140	
Fully Funded Reserves	347,967	367,339	408,589	455,009	252,869	272,290	317,789	362,367	412,842	285,116	
Percent Fully Funded	52%	54%	58%	62%	30%	34%	43%	49%	54%	31%	
Ending Balance	182,666	199,695	237,731	279,962	76,247	93,504	135,843	176,249	221,417	89,811	

Description				
Misc. Site Components				
Asphalt Resurfacing - Amenity Lot	22,591			
Decorative Light Poles		7,260		
Misc. Site Components Total:	22,591	7,260		
Fencing & Gates				
Aluminum Fence 4 FT		7,215		
Aluminum Fence 5 Ft		18,926		
Vinyl Privacy Fence - Perimeter		80,800		
Vinyl Privacy Fence - Pool		6,536		
Fencing & Gates Total:		113,476		
Misc. Building Components				
Floor Tile - Function Room				
Restroom Renovation Allowance				
Wood Cabinets & Stone Tops				
Misc. Building Components Total:				
Roofing				
Aluminum Gutters & Downspouts			3,359	
Asphalt Shingles - Clubhouse				
Asphalt Shingles - Entry Monuments				
Roofing Total:			3,359	

Community Advisors Page 2-5
February, 15 2018

	28-29	29-30	30-31	31-32	32-33	33-34	34-35	35-36	36-37	37-38	
Description
Painting											
Exterior Painting - Clubhouse						9,675					
Exterior Painting - Entry Monuments						7,478					
Painting Total:						17,153					
Furniture Fixtures & Equipment											
Clubhouse Furniture Allowance						3,116					
Pool Furniture Allowance			2,852					3,306			
Refrigerator						3,428					
Shade Structure Frame					10,891						
Furniture Fixtures & Equipment Total:			2,852		10,891	6,543		3,306			
HVAC											
Heat Pump - Club Room					12,101						
HVAC Total:					12,101						
Swimming Pool											
Concrete Pavers - Pool Deck										134,048	
Handicap Lift										11,924	
Pool Equipment Allowance	2,688	2,768	2,852	2,937	3,025	3,116	3,209	3,306	3,405	3,507	
Pool Play Equipment Allowance										26,303	
Pool Resurfacing					71,152						
Pool Tile					28,788						
Shade Structure Frame											
Swimming Pool Total:	2,688	2,768	2,852	2,937	102,965	3,116	3,209	3,306	3,405	175,781	
Playground											
Park Benches											
Play Equipment Allowance											
Playground Total:											

Year Total:	2,688	25,359	5,703	2,937	246,693	26,813	3,209	6,611	3,405	179,140

Community Advisors Page 2-6
February, 15 2018

	38-39	39-40	40-41	41-42	42-43	43-44	44-45	45-46	46-47	47-48	
Beginning Balance	89,811	135,330	87,968	109,866	158,273	208,302	250,642	141,758	184,856	239,034	
Annual Assessment	47,131	48,073	49,035	50,016	51,016	52,036	53,077	54,139	55,221	56,326	
Interest Earned	2,000	1,300	1,624	2,339	3,078	3,704	2,095	2,732	3,533	2,196	
Expenditures	3,612	96,735	28,761	3,947	4,066	13,400	164,056	13,772	4,576	148,958	
Fully Funded Reserves	335,685	293,226	320,920	376,459	435,041	487,311	387,563	441,254	507,715	429,194	
Percent Fully Funded	40%	30%	34%	42%	48%	51%	37%	42%	47%	35%	
Ending Balance	135,330	87,968	109,866	158,273	208,302	250,642	141,758	184,856	239,034	148,597	

Description
Misc. Site Components		
Asphalt Resurfacing - Amenity Lot
Decorative Light Poles		
Misc. Site Components Total:		
Fencing & Gates		
Aluminum Fence 4 FT
Aluminum Fence 5 Ft		
Vinyl Privacy Fence - Perimeter
Vinyl Privacy Fence - Pool		
Fencing & Gates Total:		
Misc. Building Components		
Floor Tile - Function Room	8,484	
Restroom Renovation Allowance	35,348	
Wood Cabinets & Stone Tops	5,184	
Misc. Building Components Total:	49,017	
Roofing		
Aluminum Gutters & Downspouts
Asphalt Shingles - Clubhouse	
39,590	
Asphalt Shingles - Entry Monuments	7,070	
Roofing Total:	46,660	

Community Advisors Page 2-7
February, 15 2018

	38-39	39-40	40-41	41-42	42-43	43-44	44-45	45-46	46-47	47-48	
Description
Painting											
Exterior Painting - Clubhouse			11,899							14,634	
Exterior Painting - Entry Monuments			9,197							11,312	
Painting Total:			21,096							25,946	
Furniture Fixtures & Equipment											
Clubhouse Furniture Allowance						4,188					
Pool Furniture Allowance			3,832					4,443			
Refrigerator								4,887			
Shade Structure Frame											
Furniture Fixtures & Equipment Total:			3,832			4,188		9,329			
HVAC											
Heat Pump - Club Room							17,253				
HVAC Total:							17,253				
Swimming Pool											
Concrete Pavers - Pool Deck											
Handicap Lift											
Pool Equipment Allowance	3,612	3,721	3,832	3,947	4,066	4,188	4,313	4,443	4,576	4,713	
Pool Play Equipment Allowance											
Pool Resurfacing							101,446				
Pool Tile							41,044				
Shade Structure Frame										22,623	
Swimming Pool Total:	3,612	3,721	3,832	3,947	4,066	4,188	146,803	4,443	4,576	27,336	
Playground											
Park Benches						5,025					
Play Equipment Allowance		93,015									
Playground Total:		93,015				5,025					

Year Total:	3,612	96,735	28,761	3,947	4,066	13,400	164,056	13,772	4,576	148,958

Community Advisors Page 2-8
February, 15 2018

Asset Current Cost by Category

Community Advisors Page 3-1
February, 15 2018

Description

Replacement Year 18-19 Swimming Pool
Pool Equipment Allowance	Expenditures

2,000	
Total for 2018 - 2019	$2,000	
Replacement Year 19-20		
Painting		
Exterior Painting - Clubhouse	6,396	
Exterior Painting - Entry Monuments	  4,944	
Painting - Total:	11,340	
Swimming Pool		
Pool Equipment Allowance	2,060	
Total for 2019 - 2020	$13,400	
Replacement Year 20-21		
Furniture Fixtures & Equipment		
Pool Furniture Allowance	2,122	
HVAC
Heat Pump - Club Room	8,487
Swimming Pool
Pool Equipment Allowance	2,122	
Pool Resurfacing	49,905	
Pool Tile	20,191	
Swimming Pool - Total:	72,218	
Total for 2020 - 2021	$82,827	
Replacement Year 21-22		
Furniture Fixtures & Equipment
Refrigerator	
2,404	
Swimming Pool
Pool Equipment Allowance	
2,185	
Total for 2021 - 2022	$4,589	

Community Advisors Page 3-2
February, 15 2018

Description	Expenditures

Handicap Lift	7,653	
Pool Equipment Allowance	2,251	
Pool Play Equipment Allowance	16,883	
Swimming Pool - Total:	26,787	
Total for 2022 - 2023	$26,787	
Replacement Year 23-24		
Furniture Fixtures & Equipment
Clubhouse Furniture Allowance	
2,319	

Replacement Year 22-23 Swimming Pool

Swimming Pool
Pool Equipment Allowance	2,319
Playground
Play Equipment Allowance	57,964	
Total for 2023 - 2024	$62,601	
Replacement Year 24-25		
Swimming Pool
Pool Equipment Allowance	
2,388	
Total for 2024 - 2025	$2,388	
Replacement Year 25-26		
Furniture Fixtures & Equipment
Pool Furniture Allowance	
2,460	
Swimming Pool
Pool Equipment Allowance	2,460
Playground
Park Benches	2,952	
Total for 2025 - 2026	$7,871	
Replacement Year 26-27		
Painting
Exterior Painting - Clubhouse	
7,867	

Community Advisors Page 3-3
February, 15 2018

Description	Expenditures

Replacement Year 26-27 continued...
Exterior Painting - Entry Monuments	 6,080
Painting - Total:	13,947
Swimming Pool
Pool Equipment Allowance	2,534	
Total for 2026 - 2027	$16,481	
Replacement Year 27-28		
Misc. Building Components		
Floor Tile - Function Room	4,697	
Restroom Renovation Allowance	19,572	
Wood Cabinets & Stone Tops	  2,871	
Misc. Building Components - Total:	27,139	
Roofing		
Asphalt Shingles - Clubhouse	21,920	
Asphalt Shingles - Entry Monuments	  3,914	
Roofing - Total:	25,835	
Swimming Pool		
Pool Equipment Allowance	2,610	
Shade Structure Frame	12,526	
Total for 2027 - 2028	$68,109	
Replacement Year 28-29		
Swimming Pool		
Pool Equipment Allowance	2,688	
Total for 2028 - 2029	$2,688	
Replacement Year 29-30		
Misc. Site Components		
Asphalt Resurfacing - Amenity Lot	22,591	
Swimming Pool
Pool Equipment Allowance	2,768
Total for 2029 - 2030	$25,359

Community Advisors Page 3-4
February, 15 2018

Description	Expenditures

Replacement Year 30-31 Furniture Fixtures & Equipment
Pool Furniture Allowance	2,852

Swimming Pool		
Pool Equipment Allowance	2,852	
Total for 2030 - 2031	$5,703	
Replacement Year 31-32		
Swimming Pool		
Pool Equipment Allowance	2,937	
Total for 2031 - 2032	$2,937	
Replacement Year 32-33		
Misc. Site Components		
Decorative Light Poles	7,260	
Fencing & Gates		
Aluminum Fence 4 FT	7,215	
Aluminum Fence 5 Ft	18,926	
Vinyl Privacy Fence - Perimeter	80,800	
Vinyl Privacy Fence - Pool	    6,536	
Fencing & Gates - Total:	113,476	
Furniture Fixtures & Equipment
Shade Structure Frame	10,891
HVAC
Heat Pump - Club Room	12,101
Swimming Pool
Pool Equipment Allowance	3,025	
Pool Resurfacing	71,152	
Pool Tile	  28,788	
Swimming Pool - Total:	102,965	
Total for 2032 - 2033	$246,693	
Replacement Year 33-34		
Painting
Exterior Painting - Clubhouse	
9,675	

Community Advisors Page 3-5
February, 15 2018

Description

Replacement Year 33-34 continued...
Exterior Painting - Entry Monuments	Expenditures

  7,478	
Painting - Total:	17,153	
Furniture Fixtures & Equipment		
Clubhouse Furniture Allowance	3,116	
Refrigerator	3,428	
Furniture Fixtures & Equipment - Total:	6,543	
Swimming Pool		
Pool Equipment Allowance	3,116	
Total for 2033 - 2034	$26,813	
Replacement Year 34-35		
Swimming Pool		
Pool Equipment Allowance	3,209	
Total for 2034 - 2035	$3,209	
Replacement Year 35-36		
Furniture Fixtures & Equipment		
Pool Furniture Allowance	3,306	
Swimming Pool			
Pool Equipment Allowance	3,306	
Total for 2035 - 2036	$6,611	
Replacement Year 36-37		
Swimming Pool		
Pool Equipment Allowance	3,405	
Total for 2036 - 2037	$3,405	
Replacement Year 37-38		
Roofing		
Aluminum Gutters & Downspouts	3,359	
Swimming Pool				
Concrete Pavers - Pool Deck	134,048

Community Advisors Page 3-6
February, 15 2018

Description

Replacement Year 37-38 continued...	Expenditures	
Handicap Lift	11,924	
Pool Equipment Allowance	3,507	
Pool Play Equipment Allowance	26,303	
Total for 2037 - 2038	$179,140	
Replacement Year 38-39		
Swimming Pool		
Pool Equipment Allowance	3,612	
Total for 2038 - 2039	$3,612	
Replacement Year 39-40		
Swimming Pool		
Pool Equipment Allowance	3,721	
Playground		
Play Equipment Allowance	93,015	
Total for 2039 - 2040	$96,735	
Replacement Year 40-41		
Painting		
Exterior Painting - Clubhouse	11,899	
Exterior Painting - Entry Monuments	  9,197	
Painting - Total:	21,096	
Furniture Fixtures & Equipment		
Pool Furniture Allowance	3,832	
Swimming Pool			
Pool Equipment Allowance	3,832	
Total for 2040 - 2041	$28,761	
Replacement Year 41-42		
Swimming Pool		
Pool Equipment Allowance	3,947	
Total for 2041 - 2042	$3,947	

Community Advisors Page 3-7
February, 15 2018

Description

Replacement Year 42-43 Swimming Pool
Pool Equipment Allowance	Expenditures

4,066	
Total for 2042 - 2043	$4,066	
Replacement Year 43-44		
Furniture Fixtures & Equipment
Clubhouse Furniture Allowance	
4,188	
Swimming Pool
Pool Equipment Allowance	4,188
Playground
Park Benches	5,025	
Total for 2043 - 2044	$13,400	
Replacement Year 44-45		
HVAC		
Heat Pump - Club Room	17,253	
Swimming Pool		
Pool Equipment Allowance	4,313	
Pool Resurfacing	101,446	
Pool Tile	  41,044	
Swimming Pool - Total:	146,803	
Total for 2044 - 2045	$164,056	
Replacement Year 45-46		
Furniture Fixtures & Equipment		
Pool Furniture Allowance	4,443	
Refrigerator	4,887	
Furniture Fixtures & Equipment - Total:	9,329	
Swimming Pool
Pool Equipment Allowance	4,443
Total for 2045 - 2046	$13,772

Community Advisors Page 3-8
February, 15 2018

Annual Expenditure Detail		

Description	
Expenditures	
Replacement Year 46-47		
Swimming Pool		
Pool Equipment Allowance	4,576	
Total for 2046 - 2047	$4,576	
Replacement Year 47-48		
Misc. Building Components		
Floor Tile - Function Room	8,484	
Restroom Renovation Allowance	35,348	
Wood Cabinets & Stone Tops	  5,184	
Misc. Building Components - Total:	49,017	
Roofing		
Asphalt Shingles - Clubhouse	39,590	
Asphalt Shingles - Entry Monuments	  7,070	
Roofing - Total:	46,660	
Painting		
Exterior Painting - Clubhouse	14,634	
Exterior Painting - Entry Monuments	11,312	
Painting - Total:	25,946	
Swimming Pool		
Pool Equipment Allowance	4,713	
Shade Structure Frame	22,623	
Swimming Pool - Total:	27,336	

Total for 2047 - 2048	$148,958

Community Advisors Page 3-9
February, 15 2018

Description
Misc. Site Components		
Asphalt Resurfacing - Amenity Lot	07-08	29-30	22	0	11	680 Square Yards	24.00	16,320	
Decorative Light Poles	07-08	32-33	25	0	14	3 Each	1,600.00	    4,800	
Misc. Site Components - Total								$21,120	
Fencing & Gates
Aluminum Fence 4 FT	
07-08	
32-33	
25	
0	
14	
159 Linear Feet	
30.00	
4,770	
Aluminum Fence 5 Ft	07-08	32-33	25	0	14	391 Linear Feet	32.00	12,512	
Vinyl Privacy Fence - Perimeter	07-08	32-33	25	0	14	1,842 Linear Feet	29.00	53,418	
Vinyl Privacy Fence - Pool	07-08	32-33	25	0	14	149 Linear Feet	29.00	    4,321	
Fencing & Gates - Total								$75,021	
Misc. Building Components
Floor Tile - Function Room	
07-08	
27-28	
20	
0	
9	
600 Square Feet	
6.00	
3,600	
Restroom Renovation Allowance	07-08	27-28	20	0	9	1 Lump Sum	15,000.00	15,000	
Wood Cabinets & Stone Tops	07-08	27-28	20	0	9	11 Linear Feet	200.00	    2,200	
Misc. Building Components - Total								$20,800	
Roofing
Aluminum Gutters & Downspouts	
07-08	
37-38	
30	
0	
19	
314 Linear Feet	
6.10	
1,915	
Asphalt Shingles - Clubhouse	07-08	27-28	20	0	9	48 Squares	350.00	16,800	
Asphalt Shingles - Entry Monuments	07-08	27-28	20	0	9	8 Stalls	375.00	    3,000	
Roofing - Total								$21,715	
Painting
Exterior Painting - Clubhouse	
07-08	
19-20	
7	
5	
1	
4,600 Square Feet	
1.35	
6,210	
Exterior Painting - Entry Monuments	07-08	19-20	7	5	1	2 Each	2,400.00	    4,800	
Painting - Total								$11,010	
Furniture Fixtures & Equipment
Clubhouse Furniture Allowance	
07-08	
23-24	
10	
6	
5	
1 Lump Sum	
2,000.00	
2,000	
Pool Furniture Allowance	07-08	20-21	5	8	2	1 Lump Sum	2,000.00	2,000	
Refrigerator	07-08	21-22	12	2	3	1 Each	2,200.00	2,200	
Shade Structure Frame	07-08	32-33	25	0	14	2 Each	3,600.00	    7,200	
Furniture Fixtures & Equipment - Total								$13,400	
HVAC
Heat Pump - Club Room	
07-08	
20-21	
12	
1	
2	
5 Tons	
1,600.00	
  8,000	
HVAC - Total								$8,000	
Swimming Pool
Concrete Pavers - Pool Deck	
07-08	
37-38	
30	
0	
19	
11,242 Square Feet	
6.80	
76,446	
Handicap Lift	07-08	22-23	15	0	4	1 Each	6,800.00	6,800	

Community Advisors Page 4-1
February, 15 2018

Description
Swimming Pool continued...		
Pool Equipment Allowance	07-08	18-19	1	0	0	1 Lump Sum	2,000.00	2,000	
Pool Play Equipment Allowance	07-08	22-23	15	0	4	1 Lump Sum	15,000.00	15,000	
Pool Resurfacing	07-08	20-21	12	1	2	4,800 Square Feet	9.80	47,040	
Pool Tile	07-08	20-21	12	1	2	732 Linear Feet	26.00	19,032	
Shade Structure Frame	07-08	27-28	20	0	9	2 Each	4,800.00	 	9,600	
Swimming Pool - Total								$175,918	
Playground
Park Benches	
07-08	
25-26	
18	
0	
7	
2 Each	
1,200.00	
2,400	
Play Equipment Allowance	07-08	23-24	16	0	5	1 Lump Sum	50,000.00	  50,000	
Playground - Total								$52,400	
Total Asset Summary								$399,384	

Community Advisors Page 4-2
February, 15 2018

Misc. Site Components
1026	Asphalt Resurfacing - Amenity Lot	29-30	4-5	
1016	Decorative Light Poles	32-33	4-5	

Fencing & Gates	
1017	Aluminum Fence 4 FT	32-33	4-7	
1020	Aluminum Fence 5 Ft	32-33	4-7	
1023	Vinyl Privacy Fence - Perimeter	32-33	4-8	
1009	Vinyl Privacy Fence - Pool	32-33	4-8	

Misc. Building Components	
1001	Floor Tile - Function Room	27-28	4-10	
1008	Restroom Renovation Allowance	27-28	4-10	
1028	Wood Cabinets & Stone Tops	27-28	4-11	
Roofing				
1031	Aluminum Gutters & Downspouts	37-38	4-12	
1006	Asphalt Shingles - Clubhouse	27-28	4-12	
1024	Asphalt Shingles - Entry Monuments	27-28	4-13	

Painting				
1013	Exterior Painting - Clubhouse	19-20	4-14	
1025	Exterior Painting - Entry Monuments	19-20	4-14	

Furniture Fixtures & Equipment	
1030	Clubhouse Furniture Allowance	23-24	4-16	
1019	Pool Furniture Allowance	20-21	4-16	
1029	Refrigerator	21-22	4-17	
1015	Shade Structure Frame	32-33	4-18	
HVAC				
1007	Heat Pump - Club Room	20-21	4-19	

Swimming Pool	
1027	Concrete Pavers - Pool Deck	37-38	4-20	
1014	Handicap Lift	22-23	4-20	
1012	Pool Equipment Allowance	18-19	4-21	
1018	Pool Play Equipment Allowance	22-23	4-21	

Community Advisors Page 4-3
February, 15 2018

Swimming Pool Continued...
1010	Pool Resurfacing	20-21	4-22	
1011	Pool Tile	20-21	4-22	
1032	Shade Structure Frame	27-28	4-23	

Playground	
1022	Park Benches	25-26	4-24	
1021	Play Equipment Allowance	23-24	4-24	
Total Funded Assets	28	
Total Unfunded Assets	  0	
Total Assets	28	

Community Advisors Page 4-4
February, 15 2018

Asphalt Resurfacing - Amenity Lot - 2029		
	680 Square Yards	@ $24.00	
Asset ID	1026	Asset Cost	$16,320.00	
	Percent Replacement	100%	
Misc. Site Components	Future Cost	$22,590.70	
Placed in Service	January 2008		
Useful Life	22		
Replacement Year	29-30		
Remaining Life	11		

Decorative Light Poles - 2032

3 Each

@ $1,600.00

Asset ID	1016
Misc. Site Components
Placed in Service	January 2008
Useful Life	25
Replacement Year	32-33
Remaining Life	14

Asset Cost	$4,800.00
Percent Replacement	100%
Future Cost	$7,260.43

Community Advisors Page 4-5
February, 15 2018

Misc. Site Components - Total Current Cost	$21,120

Community Advisors Page 4-6
February, 15 2018

Aluminum Fence 4 FT - 2032

159 Linear Feet

@ $30.00

Asset ID	1017
Fencing & Gates
Placed in Service	January 2008
Useful Life	25
Replacement Year	32-33
Remaining Life	14

Asset Cost	$4,770.00
Percent Replacement	100%
Future Cost	$7,215.05

Aluminum Fence 5 Ft - 2032

391 Linear Feet

@ $32.00

Asset ID	1020
Fencing & Gates
Placed in Service	January 2008
Useful Life	25
Replacement Year	32-33
Remaining Life	14

Asset Cost	$12,512.00
Percent Replacement	100%
Future Cost	$18,925.52

Community Advisors Page 4-7
February, 15 2018

Vinyl Privacy Fence - Perimeter - 2032

Asset ID	
1023	1,842 Linear Feet
Asset Cost	@ $29.00
$53,418.00	
		Percent Replacement	100%	
	Fencing & Gates	Future Cost	$80,799.52	
Placed in Service	January 2008			
Useful Life	25			
Replacement Year	32-33			
Remaining Life	14			

Vinyl Privacy Fence - Pool - 2032

149 Linear Feet

@ $29.00

Asset ID	1009
Fencing & Gates
Placed in Service	January 2008
Useful Life	25
Replacement Year	32-33
Remaining Life	14

Asset Cost	$4,321.00
Percent Replacement	100%
Future Cost	$6,535.90

Community Advisors Page 4-8
February, 15 2018

Fencing & Gates - Total Current Cost	$75,021

Community Advisors Page 4-9
February, 15 2018

Floor Tile - Function Room - 2027

600 Square Feet

@ $6.00

Asset ID	1001

Misc. Building Components
Placed in Service	January 2008	
Useful Life	20	
Replacement Year	27-28	
Remaining Life	9	

Restroom Renovation Allowance - 2027

Asset ID	1008

Misc. Building Components
Placed in Service	January 2008	
Useful Life	20	
Replacement Year	27-28	
Remaining Life	9	

Community Advisors Page 4-10
February, 15 2018

Asset Cost	$3,600.00
Percent Replacement	100%
Future Cost	$4,697.18

1 Lump Sum	@ $15,000.00 Asset Cost		$15,000.00
Percent Replacement	100%
Future Cost	$19,571.60

Wood Cabinets & Stone Tops - 2027

Asset ID	1028
Misc. Building Components

11 Linear Feet	@ $200.00
Asset Cost	$2,200.00
Percent Replacement	100%
Future Cost	$2,870.50

Placed in Service	January 2008	
Useful Life	20	
Replacement Year	27-28	
Remaining Life	9	

Misc. Building Components - Total Current Cost	$20,800

Community Advisors Page 4-11
February, 15 2018

Aluminum Gutters & Downspouts - 2037

Asset ID	
1031	314 Linear Feet
Asset Cost	@ $6.10
$1,915.40	
		Percent Replacement	100%	
	Roofing	Future Cost	$3,358.66	
Placed in Service	January 2008			
Useful Life	30			
Replacement Year	37-38			
Remaining Life	19			

Asphalt Shingles - Clubhouse - 2027

48 Squares

@ $350.00

Asset ID	1006	Asset Cost	$16,800.00	
		Percent Replacement	100%	
	Roofing	Future Cost	$21,920.19	
Placed in Service	January 2008			
Useful Life	20			
Replacement Year	27-28			
Remaining Life	9			

Community Advisors Page 4-12
February, 15 2018

Asphalt Shingles - Entry Monuments - 2027

Asset ID	
1024	8 Stalls
Asset Cost	@ $375.00
$3,000.00	
		Percent Replacement	100%	
	Roofing	Future Cost	$3,914.32	
Placed in Service	January 2008			
Useful Life	20			
Replacement Year	27-28			
Remaining Life	9			

Roofing - Total Current Cost	$21,715

Community Advisors Page 4-13
February, 15 2018

Exterior Painting - Clubhouse - 2019

Asset ID	1013
Painting
Placed in Service	January 2008
Useful Life	7
Adjustment	5
Replacement Year	19-20
Remaining Life	1

4,600 Square Feet	@ $1.35
Asset Cost	$6,210.00
Percent Replacement	100%
Future Cost	$6,396.30

Exterior Painting - Entry Monuments - 2019

Asset ID	
1025	2 Each
Asset Cost	@ $2,400.00
$4,800.00	
		Percent Replacement	100%	
	Painting	Future Cost	$4,944.00	
Placed in Service	January 2008			
Useful Life	7			
Adjustment	5			
Replacement Year	19-20			
Remaining Life	1			

Community Advisors Page 4-14
February, 15 2018

Exterior Painting - Entry Monuments continued...

Painting - Total Current Cost	$11,010

Community Advisors Page 4-15
February, 15 2018

Clubhouse Furniture Allowance - 2023

Asset ID	1030
Furniture Fixtures & Equipment
Placed in Service	January 2008	
Useful Life	10	
Adjustment	6	
Replacement Year	23-24	
Remaining Life	5	

Asset ID	1019

Furniture Fixtures & Equipment
Placed in Service	January 2008	
Useful Life	5	
Adjustment	8	
Replacement Year	20-21	
Remaining Life	2	

Community Advisors Page 4-16
February, 15 2018

1 Lump Sum	@ $2,000.00 Asset Cost		$2,000.00
Percent Replacement	100%

Future Cost	$2,318.55

Pool Furniture Allowance - 2020

1 Lump Sum

@ $2,000.00

Asset Cost	$2,000.00
Percent Replacement	100%
Future Cost	$2,121.80

Pool Furniture Allowance continued...

Refrigerator - 2021

1 Each

@ $2,200.00

Asset ID	1029

Furniture Fixtures & Equipment
Placed in Service	January 2008	
Useful Life	12	
Adjustment	2	
Replacement Year	21-22	
Remaining Life	3	

Community Advisors Page 4-17
February, 15 2018

Asset Cost	$2,200.00
Percent Replacement	100%
Future Cost	$2,404.00

Shade Structure Frame - 2032

2 Each

@ $3,600.00

Asset ID	1015
Furniture Fixtures & Equipment

Asset Cost	$7,200.00
Percent Replacement	100%
Future Cost	$10,890.65

Placed in Service	January 2008	
Useful Life	25	
Replacement Year	32-33	
Remaining Life	14	

Furniture Fixtures & Equipment - Total Current Cost	$13,400

Community Advisors Page 4-18
February, 15 2018

Heat Pump - Club Room - 2020

5 Tons

@ $1,600.00

Asset ID	1007
HVAC
Placed in Service	January 2008
Useful Life	12
Adjustment	1
Replacement Year	20-21
Remaining Life	2

Asset Cost	$8,000.00
Percent Replacement	100%
Future Cost	$8,487.20

HVAC - Total Current Cost	$8,000

Community Advisors Page 4-19
February, 15 2018

Ha

Concrete Pavers - Pool Deck - 2037

Asset ID	
1027	11,242 Square Feet
Asset Cost	@ $6.80
$76,445.60	
		Percent Replacement	100%	
	Swimming Pool	Future Cost	$134,047.82	
Placed in Service	January 2008			
Useful Life	30			
Replacement Year	37-38			
Remaining Life	19			

ndicap Lift - 2022	1 Each	@ $6,800.00
Asset ID	1014	Asset Cost	$6,800.00	
		Percent Replacement	100%	
	Swimming Pool	Future Cost	$7,653.46	
Placed in Service	January 2008			
Useful Life	15			
Replacement Year	22-23			
Remaining Life	4			

Community Advisors Page 4-20
February, 15 2018

Pool Equipment Allowance - 2018

1 Lump Sum

@ $2,000.00

Asset ID	1012
Swimming Pool
Placed in Service	January 2008
Useful Life	1
Replacement Year	18-19
Remaining Life	0

Asset Cost	$2,000.00
Percent Replacement	100%
Future Cost	$2,000.00

Pool Play Equipment Allowance - 2022

Asset ID	
1018	1 Lump Sum
Asset Cost	@ $15,000.00
$15,000.00	
		Percent Replacement	100%	
	Swimming Pool	Future Cost	$16,882.63	
Placed in Service	January 2008			
Useful Life	15			
Replacement Year	22-23			
Remaining Life	4			

Community Advisors Page 4-21
February, 15 2018

  Po

Po

ol Resurfacing - 2020		4,800 Square Feet		@ $9.80 Asset ID	1010		Asset Cost	$47,040.00	
		Percent Replacement	100%	
	Swimming Pool	Future Cost	$49,904.74	
Placed in Service	January 2008			
Useful Life	12			
Adjustment	1			
Replacement Year	20-21			
Remaining Life	2			

ol Tile - 2020	732 Linear Feet	@ $26.00
Asset ID	1011	Asset Cost	$19,032.00	
		Percent Replacement	100%	
	Swimming Pool	Future Cost	$20,191.05	
Placed in Service	January 2008			
Useful Life	12			
Adjustment	1			
Replacement Year	20-21			
Remaining Life	2			

Community Advisors Page 4-22
February, 15 2018

Shade Structure Frame - 2027

2 Each

@ $4,800.00

Asset ID	1032
Swimming Pool
Placed in Service	January 2008
Useful Life	20
Replacement Year	27-28
Remaining Life	9

Asset Cost	$9,600.00
Percent Replacement	100%
Future Cost	$12,525.82

Swimming Pool - Total Current Cost	$175,918

Community Advisors Page 4-23
February, 15 2018

rk Benches - 2025	2 Each	@ $1,200.00
Asset ID	1022	Asset Cost	$2,400.00	
		Percent Replacement	100%	
	Playground	Future Cost	$2,951.70	
Placed in Service	January 2008			
Useful Life	18			
Replacement Year	25-26			
Remaining Life	7			

Play Equipment Allowance - 2023

1 Lump Sum	@ $50,000.00

Asset ID	1021
Playground
Placed in Service	January 2008
Useful Life	16
Replacement Year	23-24
Remaining Life	5

Asset Cost	$50,000.00
Percent Replacement	100%
Future Cost	$57,963.70

Pa

Community Advisors Page 4-24
February, 15 2018

Playground - Total Current Cost	$52,400

Community Advisors Page 4-25
February, 15 2018

Content of Reserve Study

Methodology

A Reserve Study is a two part process that includes a physical analysis and a financial analysis which produces a custom made plan for funding future capital replacement. Having a good plan allows you to understand what is currently reserved for, what is not and how the current plan will perform for future years. Ability to adjust contributions early may prevent special assessments or loans to pay for component replacement.
Types of Reserve Studies

Full Reserve Study	Level I	This include a site visit	
Reserve Study Update	Level II	This includes a site visit	
Reserve Study Update	Level III	No site visit, financial review only	

Physical Analysis
During the physical analysis, a site visit is conducted to evaluate major components such as streets, roofs, pools, etc. and build an inventory of components, determine the condition of each and make a projection as to their remaining useful life. No destructive testing is conducted.
Component Selection
Community Associations Institute (CAI) has established standards for reserve studies and selection of components.
Component must be a commonly owned asset
Component must have a limited life
That Limited life must be predictable
Replacement cost must be above a minimum threshold cost
Some components do not meet that test but can be included with the proper analysis and full understanding of the client. In these cases allowance are generally used.
Useful life and remaining useful life sources
Site inspection by experienced inspector
Our database of information
Historical information furnished by the client
Local Consultants and Vendors
National publications such as Marshall & Swift, RS Means and others Replacement cost Established by
Our database & local cost from contractors and suppliers
Historical cost information furnished by the client

Community Advisors Page 5-1
February, 15 2018

National publication such as Marshall & Swift, RS Means and others
Financial Analysis
The financial analysis assesses the community’s reserve balance, current contributions and interest income to determine their current reserve fund status. This provides a clear picture of their current financial capability to pay for future capital needs.
Adequate Funding
Having a lot of cash in reserves is always a good thing but it may not be enough to meet future replacement cost. The only way to know is by completing your reserve study. If using Cash Flow Funding we set the level of funding for adequate funding. While 100% or Full Funding is best you may only fund to an adequate level and be ok.
70% to 100% Funding is considered Strong
30% to 70%	Funding is considered Adequate
0% to 30%	Funding is considered Weak
Contributions
We recommend following a custom funding plan we develop for you that includes:
Adequate cash balance
Even contributions so all owners pay their fair share over time
Minimum contributions necessary with acceptable increases
Funding Goals
We use several type of funding goals including Full Funding, Threshold Funding, Baseline and Statutory Funding. Here is how the Funding Goals work:
Full Funding - As we mentions full is always the best if you can do it! Plans with Full Funding do not usually experience deferred maintenance or special assessments.
Threshold Funding – Balances are kept above a minimum “Threshold” level to adequate fund reserves. The goal here is to work towards full funding over time.
Baseline Funding - Reserves are maintained at a set level above zero. Statutory Funding – Balance set based on local statutes
Funding Methods
The Cash Flow Method develops a reserve-funding plan where contributions to the reserve fund are designed to offset the variable annual expenditures from the reserve fund.
The Component Method develops a reserve-funding plan where the total contribution is based upon the sum of contributions for individual components. When interest and inflation are not included the results are considered the “Straight Line Method”.

Community Advisors Page 5-2
February, 15 2018

Reserve Terms Dictionary

Accumulated Reserve Balance: The anticipated reserve balance on the first day of the fiscal year for which the report has been prepared.
Net Monthly Allocation: The sum of the monthly assessment and interest contribution figures.
Annual Assessment increase: The percentage rate at which the association will increase its assessment to reserves at the end of each year until the year in which the asset is replaced. For example, in order to accumulate $10,000 in 10 years, you set aside $1,000 per year. As an alternative, you could set aside
$795 the first year and increase that amount by 5% each year until year of replacement. In either case you arrive at the same amount. The idea is that you start setting aside a lower amount and increase that number each year in accordance with the planned percentage. Ideally this should be equal to the rate of inflation. It can, however, be used to aid those associations who have not set aside appropriate reserves in the past by making the initial year's allocation less formidable.
Investment Yield: The average interest rate anticipated by the association based upon their current investment practices.
Budget year beginning/ending (fiscal): the budgetary year for which the report is prepared. For associations with fiscal years ending December 31, the monthly assessment figures indicated are for the 12 month period beginning 1/1/0X and ending 12/31/0X.
Monthly Assessment: The assessment for reserves required by the association each month.
Interest Contribution: The interest that should be earned on the reserves, net of taxes, based upon their beginning reserve balance and monthly assessments for one year. This figure is averaged for budgeting purposes.
Threshold Funding Model: This analysis calculates the minimum reserve assessments, with the restriction that the reserve balance is not allowed to go below $0 or other predetermined threshold, during the period of time examined. All funds for planned reserve expenditures will be available on the first day of each fiscal year. The Threshold Funding Model allows the client to choose the level of conservative funding it desires by choosing the threshold dollar amount.
Current Assessment Funding Model: This analysis is based on the current annual assessment, parameters, and reserve fund balance. Because It is calculated using the current annual assessment, it will give an accurate projection of how well the association is funded for the next 30 years of planned reserve expenditures.
Component Funding Model: This funding model’s long-term objective is to provide a plan to a fully funded reserve position over the longest period of time practical. This is the most conservative funding model.
Fixed Accumulated Reserves: An optional figure which, if used, will override all calculations and set the assessment at this amount.
Percentage of Replacement: In some cases, an asset may not be replaced in its entirety or the cost may be shared with a second party. Examples are budgeting for a percentage of replacement of streets over a period of time, or sharing the expense to replace a common wall with a neighboring party.

Community Advisors Page 5-3
February, 15 2018

Placed in Service Date: The month and year that the asset was placed in service. This may be the construction date, the first escrow closure date in a given phase, or the date of the last servicing or replacement.
Future Replacement Cost: The estimated cost to repair or replace the asset at the end of its estimated useful life based upon the current replacement cost and inflation.
Taxes on Yield: The estimated percentage of interest income which will be set aside for taxes.
Replacement Year: The year that the asset is scheduled to be replaced. The appropriate funds will be available by the first day of the fiscal year for which replacement is anticipated.
Estimated Remaining Life: This calculation is completed internally based upon the report's fiscal year date and the date the asset was placed in service.
Adjustment to Useful Life: Once the useful life is determined, it may be adjusted +/- by this separate figure for the current cycle of replacement. This will allow for a current period adjustment without affecting the estimate replacement cycles for future replacements.
Estimated Useful Life: The estimated useful life of an asset based upon industry standards, manufacturer specification, visual inspection, location, usage, association standards and prior history. All of these factors are taken into consideration when tailoring the estimated useful life to the particular asset. For example, the carpeting in a hallway or elevator (a heavy traffic area) will not have the same life as the identical carpeting in a seldom used meeting room or office.
Salvage Value: This term defined estimates the salvage value of the asset at the time of replacement, if applicable.
One Time Replacement: Notation if the asset is to be replaced on a one-time basis. Current Replacement Cost: The estimated replacement cost effects as of the beginning of the fiscal year for which the report is being prepared.

Community Advisors Page 5-4
February, 15 2018

Terms of Service
This document has been provided pursuant to an agreement containing restrictions on its use. No part of this document may be copied or distributed, in any form or by any means, nor disclosed to third parties without the expressed written permission of Community Advisors, LLC.
This reserve analysis study and the parameters under which it has been completed are based upon information provided to us in part by representatives of the Community Association, Management Company, Community Development District and its contractors, assorted vendors, specialist and independent contractors, the Community Association’s Institute, and various construction pricing and scheduling manuals including, but not limited to: Marshall & Swift Valuation Service, RS Means Building Construction Cost Data and from numerous vendor catalogues, actual quotations or historical costs, and our own experience in the field of property management and reserve study preparation.
If we update your current reserve study completed by others we assume all of the commonly owned components are included and the quantities are accurate.
No liability is assumed as the result of changing market prices or inaccurate estimates or projections of remaining useful life of components. We are not responsible for any hidden defects or determining the condition of hidden or underground components or systems.
Observing environmental conditions, hazardous materials or determine compliance with building codes or ADA regulations is not included in our scope of work.
Our site visit is not a safety inspection and we are not responsible for any hazards that exist.
Community Advisors, LLC will not be required to participate in any legal action conducted on a property for whatever reason and shall also not be required to give testimony in depositions or in court. In all cases the liability of any action taken against Community Advisors, LLC and its Principals, Employees, contractors and Vendors shall be limited to the consulting fee agreed upon for the production of this report.
This reserve study is a reflection of the information provided by this client and assembled for their use and not for the purposes of performing an audit, quality or forensic analyses, or background checks of historical records.
This information should not be used to estimate construction projects or relied upon for replacement cost until current vendor pricing has been obtained.
We assume all components have been maintained properly unless noted in this report and our remaining useful life projections assume they will be maintained per normal operating standards
Replacement cost does not include any Engineering or Architectural fees unless noted in the study. Beginning fund balances are unaudited and provided by the Association or Manager.
Unless noted in the report we assume the funding goal of the Association is to reserve adequate funds for future capital replacements if they are pooling their reserves and fully funding reserves if they are using the Component Method of funding.
It has been assumed, unless otherwise noted in this report, that all assets have been designed and constructed properly and that each estimated useful life will approximate that of the norm per industry standards and/or manufacturer’s specifications. In some cases, estimates may have been used on assets, which have an

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February, 15 2018

indeterminable but potential liability to the Association or Community Development District. The decision for the inclusion of these as well as all assets considered is left to the client.
Use of this report is acceptance by the Client of the above Information and Conditions.
We recommend regular updates to this study to account for changes in interest and inflation rates and replacement cost.
Community Advisors and the analyst who prepared this study have any relationship that can be considered a conflict of interest. From time to time our clients ask that we manage repair or replacement of components due to our experience in construction management. We do so with the understanding that full disclosure has been obtained and that we are working in the best interest of our client. We do not identify components for replacement to obtain construction management work.

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February, 15 2018

Community Advisors

Community Advisors home office is in Jacksonville, Florida providing property inspection services, capital reserve planning and construction oversight for communities throughout the Southern and Mid-Atlantic States.

Our clients experience quick response, personal service, competitive pricing and receive a custom made plan for their future capital replacements. We like to sit down and discuss your concerns prior to our site analysis so we can better understand your community or property and make sure we have included everything you expect.

Then we conduct a comprehensive site visit to make sure we know your property and include all your assets in our analysis. With our years of experience with community development and commercial construction projects we understand both horizontal and vertical construction and utilize realistic replacement cost and useful life projections in our analysis.

Once we have completed our site visit we conduct the Financial Analysis where we look at your current reserve fund balance, annual contributions and your goal for maintaining adequate reserves. Then we build a custom made financial plan to make sure you have adequate funding for the future and keep contributions as reasonable and moderate as possible.
Our valued clients include:

High-rise Condominium Association
Homeowner Associations
Churches
Time Share Developments
Active Adult Communities
Private Schools
Business Parks
Resort Communities
Non Profit Organizations
Municipal Utility Plants
Marinas
Historic Buildings & Museums

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February, 15 2018

Reserve Analyst & Inspectors Credentials
Charles R. Sheppard RS PRA CCI
Charlie Sheppard is the owner and President of Community Advisors which provides capital reserve analysis, consulting services, commercial inspections and project management for community associations, private clubs, churches, schools and other entities.
He has over 30 years of experience in real estate development, property operation, commercial property inspections and construction management. He has participated on the development team for large planned unit developments and mid-rise office building parks. He has also worked for many years as commercial construction manager for a wide range of structures including medical facilities, office buildings, churches, restaurants, clubhouses, infrastructure installation and remodeling and repositioning of properties to match market conditions.
Areas of expertise include mechanical and electrical systems, energy management systems, life safety systems, plumbing systems, building envelope and roof components. Horizontal improvement experience include marine structures, street and site concrete construction, utilities, site work and landscaping improvements.
Inspection projects include: High rise office and residential buildings, restaurants, industrial properties, churches, private schools, private clubs, marinas, medical facilities, warehouse and industrial properties, water treatment facilities and residential properties.
Education
Virginia Polytechnic Institute & State University – BS
License
Certified General Contractor - Florida Certified Home Inspector - Florida
Professional Designations & Memberships Certified Construction Inspector, (CCI) Professional Reserve Analyst, (PRA)
Reserve Specialist, (RS)
Member – Association of Construction Inspectors
Member - Association of Professional Reserve Analyst – APRA Business Partner - Community Associations Institute – CAI Community Involvement
Member & Past President Southpoint Rotary Club

Community Advisors Page 7-2
February, 15 2018

FIFTH ORDER OF BUSINESS

RESOLUTION 2018-02

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE AMELIA CONCOURSE COMMUNITY DEVELOPMENT DISTRICT APPROVING A PROPOSED BUDGET FOR FISCAL YEAR 2018/2019 AND SETTING A PUBLIC HEARING THEREON PURSUANT TO FLORIDA LAW; ADDRESSING TRANSMITTAL, POSTING AND PUBLICATION REQUIREMENTS; ADDRESSING SEVERABILITY; AND PROVIDING AN EFFECTIVE DATE.

WHEREAS, the District Manager has heretofore prepared and submitted to the Board of Supervisors (“Board”) of the Amelia Concourse Community Development District (“District”) prior to June 15, 2018, a proposed budget (“Proposed Budget”) for the fiscal year beginning October 1, 2018 and ending September 30, 2019 (“Fiscal Year 2018/2019”); and

WHEREAS, the Board has considered the Proposed Budget and desires to set the required public hearing thereon.

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE AMELIA CONCOURSE COMMUNITY DEVELOPMENT DISTRICT:

PROPOSED BUDGET APPROVED. The Proposed Budget prepared by the District Manager for Fiscal Year 2018/2019 attached hereto as Exhibit A is hereby approved as the basis for conducting a public hearing to adopt said Proposed Budget.
SETTING A PUBLIC HEARING. A public hearing on said approved Proposed Budget is hereby declared and set for the following date, hour and location:

DATE:	_______________________

HOUR:	_______________________

LOCATION:	_______________________
_______________________
_______________________

TRANSMITTAL OF PROPOSED BUDGET TO LOCAL GENERAL PURPOSE GOVERNMENTS. The District Manager is hereby directed to submit a copy of the Proposed Budget to Nassau County at least 60 days prior to the hearing set above.

POSTING OF PROPOSED BUDGET. In accordance with Section 189.016, Florida Statutes, the District’s Secretary is further directed to post the approved Proposed Budget on the District’s website at least two days before the budget hearing date as set forth in Section 2, and shall remain on the website for at least 45 days.

PUBLICATION OF NOTICE. Notice of this public hearing shall be published in the manner prescribed in Florida law.

SEVERABILITY. The invalidity or unenforceability of any one or more provisions of this Resolution shall not affect the validity or enforceability of the remaining portions of this Resolution, or any part thereof.

EFFECTIVE DATE. This Resolution shall take effect immediately upon adoption.

PASSED AND ADOPTED THIS 15TH DAY OF MAY, 2018.

ATTEST:	AMELIA CONCOURSE COMMUNITY DEVELOPMENT DISTRICT

By: 	
Secretary	Its: 	

Approved Budget
Fiscal Year 2019

Amelia Concourse Community Development District
May  15, 2018

Amelia Concourse
Community Development District

TABLE OF CONTENTS

General Fund
Budget	Page 1-2
Budget Narrative	Page 3-8

Debt Service Fund

Series 2007 Budget	Page 9
Amortization Schedule	Page 10
Series 2016 Budget	Page 11
Amortization  Schedule	Page 12

SPE, LLC Fund

Budget	Page 13

Capital Reserve Fund

Budget	Page 14

	Adopted
Budget		Actual
Thru		Projected
Next		Total
Projected		Purposed
Budget	
 Description			 	FY 2018			 	3/31/18			 	3 Months			 	9/30/18			    FY 2019 	
Revenues											
Assessments/SPE Funding		$293,545		$127,317		$166,228		$293,545		$324,037	
Interest Income		$0		$56		$149		$205		$0	
Rental Revenue/Miscellaneous Revenue		$500		$9		$491		$500		$500	
 TOTAL REVENUES			$294,045		$127,382		$166,868		$294,250		$324,537	
Expenditures											
Administrative Supervisors		
$6,000		
$1,600		
$1,600		
$3,200		
$6,000	
FICA Expense		$459		$122		$244		$366		$459	
Travel		$300		$0		$300		$300		$300	
Engineering		$5,000		$150		$4,850		$5,000		$15,000	
Attorney Fees		$20,000		$3,709		$6,182		$9,891		$20,000	
Annual Audit		$5,500		$0		$5,500		$5,500		$3,875	
Dissemination		$3,500		$1,750		$1,750		$3,500		$3,500	
Assessment Roll		$5,000		$5,000		$0		$5,000		$5,000	
Property Appraiser		$0		$2,090		$0		$2,090		$0	
Trustee Fees		$8,000		$3,367		$4,633		$8,000		$8,000	
Arbitrage		$1,200		$1,200		$0		$1,200		$1,200	
Management Fees		$43,260		$21,630		$21,630		$43,260		$45,000	
Information Technology		$1,500		$758		$742		$1,500		$1,500	
Telephone		$150		$41		$109		$150		$150	
Postage		$350		$234		$116		$350		$350	
Insurance		$9,161		$8,398		$0		$8,398		$8,725	
Printing and Binding		$1,000		$431		$569		$1,000		$1,000	
Legal Advertising		$2,700		$520		$520		$1,040		$1,500	
Other Current Charges		$450		$227		$223		$450		$450	
Office Supplies		$150		$119		$31		$150		$150	
Dues, Licenses & Subscriptions		$175		$175		$0		$175		$175	
 TOTAL  ADMINISTRATIVE			$113,855		$51,521		$48,999		$100,520		$122,334	

FIELD:											
Contract Services:
Landscape Maintenance		

$21,471		

$12,820		

$12,820		

$25,640		

$26,000	
Lake Maintenance		$5,952		$1,548		$1,548		$3,096		$3,180	
 Management Company			$5,799		$3,474		$2,325		$5,799		$6,959	
 Subtotal  Contract Services			$33,222		$17,842		$16,693		$34,535		$36,139	

Repairs & Maintenance:
Repairs & Maintenance		

$11,000		

$6,924		

$6,924		

$13,848		

$14,500	
 Irrigation Repairs			$1,000		$129		$172		$301		$800	
 Subtotal Repairs and Maintenance			$12,000		$7,053		$7,096		$14,149		$15,300	

Page 1

Adopted	Actual	Projected		Total	Purposed Budget		Thru		Next	Projected		Budget
 Description	 	FY 2018	 	3/31/18	 	3 Months	 	9/30/18	 FY 2019 

Utilities:
Electric		
$16,000		
$8,103		
$8,103		
$16,206		
$16,800	
 Water & Sewer			$19,000		$9,010		$9,010		$18,020		$22,500	
 Subtotal Utilities			$35,000		$17,113		$17,113		$34,226		$39,300	

Amenity Center:
Insurance		

$15,807		

$15,150		

$0		

$15,150		

$15,800	
Amenity Staffing		$9,248		$1,130		$8,118		$9,248		$11,097	
Pool Maintenance		$13,119		$4,805		$4,805		$9,610		$15,743	
Pool Chemicals		$5,215		$3,624		$3,624		$7,248		$7,500	
Pool Permits		$515		$528		$0		$528		$530	
Cable		$180		$91		$91		$182		$185	
Janitorial		$3,394		$3,539		$3,539		$7,078		$4,073	
Facility Maintenance		$15,310		$1,078		$2,156		$3,234		$15,310	
		$0		$0		$0		$0		$0	
 Subtotal Amenity Center			$62,788		$29,945		$22,333		$52,278		$70,237	

Reserves:
Capital Outlay		

$20,180		

$2,600		

$0		

$2,600		

$0	
Capital Reserve Fund		$17,000		$0		$17,000		$17,000		$41,227	
 Subtotal Reserves			$37,180		$2,600		$17,000		$19,600		$41,227	
											
 TOTAL FIELD EXPENDITURES			$180,190		$74,553		$80,235		$154,788		$202,203	
											
 TOTAL  EXPENDITURES			$294,045		$126,074		$129,234		$255,308		$324,537	
											
 Excess Revenues			$0		$1,308		$37,635		$38,943		$0	

	FY 2018	FY 2019	
Net Assessment	$	293,545	$	324,037	
Collection & Discounts (7%)	  $	22,095 	$	24,390	
Gross Assessment	$	315,640	$	348,427	
No. of Units	458	458	
Gross Per Unit Assessment	$	689	$	761	

Page 2

REVENUES:

Assessments

The District will levy a non ad-valorem special assessment on all taxable property within the District to fund all of the General Operating Expenditures for the fiscal year. The assessment may either be invoiced directly to the property owner or placed on the Nassau County Tax Roll. Quarterly Funding agreement with SPE, LLC and District which are not assessments.

Miscellaneous  Revenue/Interest Income

Income received from residents for rental of clubroom or patio, other miscellaneous revenue and interest from bank accounts.

EXPENDITURES:

Administrative:

Supervisor Fees

Florida Statutes allow each board member to receive $200 per meeting not to exceed
$4,800 in one year. The amount for the fiscal year is based upon four supervisors attending an estimated 4 annual meetings.

FICA Expense

FICA expense represents the Employer's (District’s) share of Social Security and Medicare taxes withheld from the fee paid to the Board of Supervisors.

Travel

Expenses the Board of Supervisors may incur due to attending a CDD meeting or other District related travel expenses.

Engineering Fees

The District's engineer McCranie & Associates will be providing general engineering services to the District including attendance and preparation for board meetings, etc.

Attorney

The District's legal counsel Hopping, Green & Sams will be providing general legal services to the District, i.e., attendance and preparation for monthly meetings, review operating and maintenance contracts, etc.
Page 3

Annual Audit

The District is required annually to conduct an audit of its financial records by Berger, Toombs, Elam, Gaines & Frank, an Independent Certified Public Accounting Firm.

Dissemination Agent

The District is required by the Security and Exchange Commission to comply with Rule 15(c)(2)-12(b)(5), which relates to additional reporting requirements for un-rated bond issues.

Assessment Roll

The District’s assessment roll administration, GMS, LLC, will provide services to prepare assessment rolls to district property owners.

Trustee Fees

The District issued Series 2007 & 2016 Capital Improvement Revenue Bonds which are held with a Trustee at US Bank. The amount of the trustee fees is based on the agreement between US Bank and the District.

Arbitrage

The District is required to annually have an arbitrage rebate calculation on the District's Series 2007 & 2016 Capital Improvement Revenue Bonds.

Management Fees

The District receives Management, Accounting and Administrative services as part of a Management Agreement with Governmental Management Services. These services are further outlined in Exhibit "A" of the Management Agreement.

Information Technology

The cost related to District’s accounting and information systems, District website creation and maintenance, electronic compliance with Florida Statutes and other electronic data requirements.

Telephone

The cost of telephone and fax machine service.

Postage

Mailing of agenda packages, overnight deliveries, correspondence, etc.

Page 4

Insurance

The District's General Liability & Public Officials Liability Insurance policy is with Florida Insurance Alliance. Florida Insurance Alliance specializes in providing insurance coverage to governmental agencies.

Printing & Binding

Printing and Binding agenda packages for board meetings, printing of computerized checks, stationary, envelopes etc.

Legal Advertising

The District is required to advertise various notices for monthly Board meetings, public hearings, etc. in a newspaper of general circulation.

Other Current Charges

Includes bank charges and any other miscellaneous expenses that are incurred during the year.

Dues, Licenses & Subscriptions

The District is required to pay an annual fee to the Department of Community Affairs for
$175. This is the only expense under this category for the District.

Website - Compliance

Website information required under Florida Law to be posted online for all Special Districts.

Field:

Landscape Maintenance

The District has contracted with Martex to provide landscaping and irrigation maintenance services to all the common areas within the District. Includes plant maintenance at the Social Hall.

Description	Monthly		Annual	
Contract	$	2,000		$	24,000	
Mulching	$	167		$	2,000	
Total	$	2,167		$	26,000	

Page 5

Lake Maintenance

The District has contracted with Aquatic Systems, Inc. to provide monthly water management services to all the lakes throughout the District.

Description	Monthly	Annual

Contract

$	265

$	3,180

Management Company

The District has contracted with First Coast CMS for supervision and on-site management services.

Description	Monthly	Annual

Contract

Repairs and Maintenance

$	580

$	6,959

Represents any funds that will be used to make repairs, replacements and maintenance to facility or equipment in the District.

Irrigation Repairs and Maintenance

Represents any funds that are paid for repairs to the irrigation system of the District.

Electric

The cost of electricity for Amelia Concourse CDD for the following accounts:

Account Number	Description	Monthly	Annual	
42823-07021	95016 Daisy Lane Lighting	$	39	$	469	
66164-80262	85200 Amaryllis Ct	$	654	$	7,851	
69397-29510	Streetlights (29)	$	609	$	7,309	
	Contingency	$	98	$	1,171	
	Total Electric	$	1,400	$	16,800	

Water and Sewer

The cost of water, sewer and irrigation services for Amelia Concourse CDD for the following accounts:
Account Number	Description	Monthly	Annual	
67891789	85190 Amaryllis Ct (IRR)	$	726	$	8,708	
67891709	85200 Amaryllis Ct (IRR)	$	576	$	6,915	
67891712	85200 Amaryllis Ct (W)	$	247	$	2,960	
67891712	85200 Amaryllis Ct (S)	$	145	$	1,744	
	Contngency	$	181	$	2,173	
	Total Water and Sewer	$	1,875	$	22,500	

Page 6

Insurance

The District has issued a Property Insurance policy with Florida Insurance Alliance. FIA specializes in providing insurance coverage to governmental agencies.

Amenity Staffing

Staffing for the Amenity Center from March through September to assist with Patron use of the pool and Amenity Facilities.

Pool Maintenance

The District has contracted with First Coast CMS for pool cleaning, water testing, treatment, checking chemicals and back washing of the Amenity Center pool.

Description	Monthly	Annual

Pool Chemicals

Contract

$	1,312

$ 15,743

The District has contracted with First Coast CMS for chemicals needed to maintain Amenity Center pool.

Description	Monthly	Annual

Contract

$ 625

$ 7,500

Pool Permits

Represents the estimated cost for pool permits.

Cable/Internet Service

The District has contracted with AT&T for cable and internet services.

Description	Monthly	Annual

Contract

$	15

$	185

Janitorial Services

The District will contract with First Coast CMS to provide janitorial services for the Amenity Center.

Description	Monthly	Annual

Contract

$	339

$ 4,073

Facility Maintenance
Page 7

The cost of routine repairs and maintenances of the District’s common areas and Amenity Center.

Capital Outlay

Funds for purchases of equipment for the Amenity Center.

Capital Reserve Fund

Money set aside for future replacements of capital related items.

Page 8

Amelia Concourse	Debt Service Fund Community Development District		Series 2007

	Adopted
Budget	Purposed
Budget	
Description	FY 2018	FY 2019	

Revenues			
Special Assessments (1)	$116,683	$117,483	
Interest Income	$0	$0	
Other Revenue Sources	$398,667	$398,667	
TOTAL REVENUES	$515,350	$516,150	

Expenditures

Series 2007

Interest - 11/01	$177,675	$173,075	
Interest - 05/01	$177,675	$173,075	
Principal - 05/01	$160,000	$170,000	
TOTAL EXPENDITURES	$515,350	$516,150	
			
EXCESS REVENUES	$0	$0	

Net Assessment
Plus Collection Fees & Discounts (7%) Gross Assessment	$117,483
$8,224	
	$125,707	

(1) Represents Assessments for Phase 1 platted lots only. Assessments on Phase 2 & 3 have been eliminated fr foreclosure proceedings.

Page 9

Amelia Concourse	Amortization Schedule
Community Development District	Series 2007,   Capital Improvement Bonds

 	DATE		 	BALANCE		 	RATE		 	PRINCIPAL		 	INTEREST	 	TOTAL	

11/01/15	$	6,470,000	5.750%	$	
05/01/16	$	6,470,000	5.750%	$	
11/01/16	$	6,330,000	5.750%	$	
05/01/17	$	6,330,000	5.750%	$	
11/01/17	$	6,180,000	5.750%	$	
05/01/18	$	6,180,000	5.750%	$	
11/01/18	$	6,020,000	5.750%	$	
05/01/19	$	6,020,000	5.750%	$	
11/01/19	$	5,850,000	5.750%	$	
05/01/20	$	5,850,000	5.750%	$	
11/01/20	$	5,675,000	5.750%	$	
05/01/21	$	5,675,000	5.750%	$	
11/01/21	$	5,485,000	5.750%	$	
05/01/22	$	5,485,000	5.750%	$	
11/01/22	$	5,285,000	5.750%	$	
05/01/23	$	5,285,000	5.750%	$	
11/01/23	$	5,075,000	5.750%	$	
05/01/24	$	5,075,000	5.750%	$	
11/01/24	$	4,850,000	5.750%	$	
05/01/25	$	4,850,000	5.750%	$	
11/01/25	$	4,615,000	5.750%	$	
05/01/26	$	4,615,000	5.750%	$	
11/01/26	$	4,365,000	5.750%	$	
05/01/27	$	4,365,000	5.750%	$	
11/01/27	$	4,100,000	5.750%	$	
05/01/28	$	4,100,000	5.750%	$	
11/01/28	$	3,820,000	5.750%	$	
05/01/29	$	3,820,000	5.750%	$	
11/01/29	$	3,520,000	5.750%	$	
05/01/30	$	3,520,000	5.750%	$	
11/01/30	$	3,205,000	5.750%	$	
05/01/31	$	3,205,000	5.750%	$	
11/01/31	$	2,870,000	5.750%	$	
05/01/32	$	2,870,000	5.750%	$	
11/01/32	$	2,515,000	5.750%	$	
05/01/33	$	2,515,000	5.750%	$	
11/01/33	$	2,140,000	5.750%	$	
05/01/34	$	2,140,000	5.750%	$	
11/01/34	$	1,745,000	5.750%	$	
05/01/35	$	1,745,000	5.750%	$	
11/01/35	$	1,325,000	5.750%	$	
05/01/36	$	1,325,000	5.750%	$	
11/01/36	$	880,000	5.750%	$	
05/01/37	$	880,000	5.750%	$	
11/01/37	$	410,000	5.750%	$	
05/01/38	$	410,000	5.750%	$	
 	Total				$	

	$	186,012.50		$	186,012.50	
	$	186,012.50		$	-	
	$	181,987.50		$	508,000.00	
	$	181,987.50		$	-	
	$	177,675.00		$	509,662.50	
	$	177,675.00		$	-	
	$	173,075.00		$	510,750.00	
	$	173,075.00		$	-	
	$	168,187.50		$	511,262.50	
	$	168,187.50		$	-	
	$	163,156.25		$	506,343.75	
	$	163,156.25		$	-	
	$	157,693.75		$	510,850.00	
	$	157,693.75		$	-	
	$	151,943.75		$	509,637.50	
	$	151,943.75		$	-	
	$	145,906.25		$	507,850.00	
	$	145,906.25		$	-	
	$	139,437.50		$	510,343.75	
	$	139,437.50		$	-	
	$	132,681.25		$	507,118.75	
	$	132,681.25		$	-	
	$	125,493.75		$	508,175.00	
	$	125,493.75		$	-	
	$	117,875.00		$	508,368.75	
	$	117,875.00		$	-	
	$	109,825.00		$	507,700.00	
	$	109,825.00		$	-	
	$	101,200.00		$	511,025.00	
	$	101,200.00		$	-	
	$	92,143.75		$	508,343.75	
	$	92,143.75		$	-	
	$	82,512.50		$	509,656.25	
	$	82,512.50		$	-	
	$	72,306.25		$	509,818.75	
	$	72,306.25		$	-	
	$	61,525.00		$	508,831.25	
	$	61,525.00		$	-	
	$	50,168.75		$	506,693.75	
	$	50,168.75		$	-	
	$	38,093.75		$	508,262.50	
	$	38,093.75		$	-	
	$	25,300.00		$	508,393.75	
	$	25,300.00		$	-	
	$	11,787.50		$	507,087.50	
	$	11,787.50		$	511,787.50	
	$	5,331,975.00		$	11,891,975.00	

- 140,000.00
- 150,000.00
- 160,000.00
- 170,000.00
- 175,000.00
- 190,000.00
- 200,000.00
- 210,000.00
- 225,000.00
- 235,000.00
- 250,000.00
- 265,000.00
- 280,000.00
- 300,000.00
- 315,000.00
- 335,000.00
- 355,000.00
- 375,000.00
- 395,000.00
- 420,000.00
- 445,000.00
- 470,000.00
- 500,000.00
6,560,000.00

Page 10

Amelia Concourse	Debt Service Fund Community Development District		Series 2016

	Adopted
Budget		Actual
Thru		Total
Projected		Purposed
Budget	
 Description			    FY 2018 		 	3/31/18			 	9/30/18			 	FY 2019		
Revenues									
Special Assessments		$246,100		$96,930		$246,100		$141,934	
Interest Income		$240		$198		$240		$240	
Carry Forward Surplus		$101,867		$101,867		$101,867		$103,526	
     TOTAL  REVENUES			 	$348,207 		 	$198,995 		 	$348,207 		 	$245,700 	
Expenditures									
Series 2016									
Interest - 11/01		$101,550		$101,550		$101,550		$100,350	
Interest - 05/01		$101,550		$0		$101,550		$100,350	
Principal - 05/01		$40,000		$0		$40,000		$	45,000.00	
     TOTAL EXPENDITURES			 	$243,100 		 	$101,550 		 	$243,100 		 	$245,700 	
Other Sources and Uses									
Interfund Transfer		$0		($1,581)		($1,581)		$0	
Bond Proceeds		$0		$0		$0		$0	
     TOTAL OTHER SOURCES AND  USES			 	$0 		 	($1,581) 		 	($1,581)		 	$0 	
EXCESS REVENUES		$105,107		$95,864		$103,526		$0	
						Interest			
						11/1/18		$100,350	

Page 11

Amelia Concourse	Amortization Schedule
Community Development District	Series 2016   Capital Improvement Bonds

 	DATE		 	BALANCE		 	RATE		 	PRINCIPAL		 	INTEREST	 	TOTAL	

11/01/16	$	3,385,000	6.000%	$	
05/01/17	$	3,385,000	6.000%	$	
11/01/17	$	3,385,000	6.000%	$	
05/01/18	$	3,385,000	6.000%	$	
11/01/18	$	3,345,000	6.000%	$	
05/01/19	$	3,345,000	6.000%	$	
11/01/19	$	3,300,000	6.000%	$	
05/01/20	$	3,300,000	6.000%	$	
11/01/20	$	3,255,000	6.000%	$	
05/01/21	$	3,255,000	6.000%	$	
11/01/21	$	3,205,000	6.000%	$	
05/01/22	$	3,205,000	6.000%	$	
11/01/22	$	3,150,000	6.000%	$	
05/01/23	$	3,150,000	6.000%	$	
11/01/23	$	3,095,000	6.000%	$	
05/01/24	$	3,095,000	6.000%	$	
11/01/24	$	3,035,000	6.000%	$	
05/01/25	$	3,035,000	6.000%	$	
11/01/25	$	2,970,000	6.000%	$	
05/01/26	$	2,970,000	6.000%	$	
11/01/26	$	2,900,000	6.000%	$	
05/01/27	$	2,900,000	6.000%	$	
11/01/27	$	2,830,000	6.000%	$	
05/01/28	$	2,830,000	6.000%	$	
11/01/28	$	2,755,000	6.000%	$	
05/01/29	$	2,755,000	6.000%	$	
11/01/29	$	2,675,000	6.000%	$	
05/01/30	$	2,675,000	6.000%	$	
11/01/30	$	2,590,000	6.000%	$	
05/01/31	$	2,590,000	6.000%	$	
11/01/31	$	2,500,000	6.000%	$	
05/01/32	$	2,500,000	6.000%	$	
11/01/32	$	2,405,000	6.000%	$	
05/01/33	$	2,405,000	6.000%	$	
11/01/33	$	2,305,000	6.000%	$	
05/01/34	$	2,305,000	6.000%	$	
11/01/34	$	2,195,000	6.000%	$	
05/01/35	$	2,195,000	6.000%	$	
11/01/35	$	2,080,000	6.000%	$	
05/01/36	$	2,080,000	6.000%	$	
11/01/36	$	1,960,000	6.000%	$	
05/01/37	$	1,960,000	6.000%	$	
11/01/37	$	1,830,000	6.000%	$	
05/01/38	$	1,830,000	6.000%	$	
11/01/38	$	1,690,000	6.000%	$	
05/01/39	$	1,690,000	6.000%	$	
11/01/39	$	1,545,000	6.000%	$	
05/01/40	$	1,545,000	6.000%	$	
11/01/40	$	1,390,000	6.000%	$	
05/01/41	$	1,390,000	6.000%	$	
11/01/41	$	1,225,000	6.000%	$	
05/01/42	$	1,225,000	6.000%	$	
11/01/42	$	1,050,000	6.000%	$	
05/01/43	$	1,050,000	6.000%	$	
11/01/43	$	865,000	6.000%	$	
05/01/44	$	865,000	6.000%	$	
11/01/44	$	670,000	6.000%	$	
05/01/45	$	670,000	6.000%	$	
11/01/45	$	460,000	6.000%	$	
05/01/46	$	460,000	6.000%	$	
11/01/46	$	235,000	6.000%	$	
05/01/47	$	235,000	6.000%	$	
11/01/47	$	-	6.000%		
 	Total				$	
			Page 12	

	$	72,778.00		$	72,778.00	
	$	101,550.00		$	-	
	$	101,550.00		$	203,100.00	
	$	101,550.00		$	-	
	$	100,350.00		$	241,900.00	
	$	100,350.00		$	-	
	$	99,000.00		$	244,350.00	
	$	99,000.00		$	-	
	$	97,650.00		$	241,650.00	
	$	97,650.00		$	-	
	$	96,150.00		$	243,800.00	
	$	96,150.00		$	-	
	$	94,500.00		$	245,650.00	
	$	94,500.00		$	-	
	$	92,850.00		$	242,350.00	
	$	92,850.00		$	-	
	$	91,050.00		$	243,900.00	
	$	91,050.00		$	-	
	$	89,100.00		$	245,150.00	
	$	89,100.00		$	-	
	$	87,000.00		$	246,100.00	
	$	87,000.00		$	-	
	$	84,900.00		$	241,900.00	
	$	84,900.00		$	-	
	$	82,650.00		$	242,550.00	
	$	82,650.00		$	-	
	$	80,250.00		$	242,900.00	
	$	80,250.00		$	-	
	$	77,700.00		$	242,950.00	
	$	77,700.00		$	-	
	$	75,000.00		$	242,700.00	
	$	75,000.00		$	-	
	$	72,150.00		$	242,150.00	
	$	72,150.00		$	-	
	$	69,150.00		$	241,300.00	
	$	69,150.00		$	-	
	$	65,850.00		$	245,000.00	
	$	65,850.00		$	-	
	$	62,400.00		$	243,250.00	
	$	62,400.00		$	-	
	$	58,800.00		$	241,200.00	
	$	58,800.00		$	-	
	$	54,900.00		$	243,700.00	
	$	54,900.00		$	-	
	$	50,700.00		$	245,600.00	
	$	50,700.00		$	-	
	$	46,350.00		$	242,050.00	
	$	46,350.00		$	-	
	$	41,700.00		$	243,050.00	
	$	41,700.00		$	-	
	$	36,750.00		$	243,450.00	
	$	36,750.00		$	-	
	$	31,500.00		$	243,250.00	
	$	31,500.00		$	-	
	$	25,950.00		$	242,450.00	
	$	25,950.00		$	-	
	$	20,100.00		$	241,050.00	
	$	20,100.00		$	-	
	$	13,800.00		$	243,900.00	
	$	13,800.00		$	-	
	$	7,050.00		$	245,850.00	
	$	7,050.00			
	$	-		$	242,050.00	
	$	4,188,028.00		$	7,573,028.00	

-
-
- 40,000.00
- 45,000.00
- 45,000.00
- 50,000.00
- 55,000.00
- 55,000.00
- 60,000.00
- 65,000.00
- 70,000.00
- 70,000.00
- 75,000.00
- 80,000.00
- 85,000.00
- 90,000.00
- 95,000.00
- 100,000.00
- 110,000.00
- 115,000.00
- 120,000.00
- 130,000.00
- 140,000.00
- 145,000.00
- 155,000.00
- 165,000.00
- 175,000.00
- 185,000.00
- 195,000.00
- 210,000.00
- 225,000.00
- 235,000.00

3,385,000.00

Amelia Concourse	Amelia Concourse SPE, LLC Community Development District

	Adopted
Budget		Actual
Thru		Total
Projected		Purposed
Budget	
 Description			    FY 2018 		     3/31/18			     9/30/18			     FY 2019		
Revenues									
Bondholder Funding		$122,292		$62,150		$70,055		$122,292	
     TOTAL REVENUES			 	$122,292 		 	$62,150 		 	$70,055 		 	$122,292 	
Expenditures									
Annual Corporate Fees		$150		$144		$144		$150	
Bank Charges		$250		$273		$500		$250	
CDD Assessments/Transfer Out		$87,892		$0		$0		$87,892	
Contingency		$5,000		$0		$0		$5,000	
Insurance - Liability		$1,500		$0		$0		$1,500	
Professional Fees		$0		$0		$0		$0	
Engineering		$7,500		$0		$5,000		$7,500	
Management Fees		$5,000		$3,500		$6,000		$5,000	
Legal Fees		$0		$753		$753		$0	
Property Taxes		$15,000		$0		$0		$15,000	

     TOTAL  EXPENDITURES		 	$122,292 	$4,670 	$12,397 	$122,292 

EXCESS  REVENUES	$0	$57,480	$57,658	$0

Page 13

Amelia Concourse
Community Development District	Capital Reserve

	Adopted
Budget		Acutal
Thru		Total
Projected		Purposed
Budget	
 Description			  FY 2018 		   3/31/18			   9/30/18 		 	FY 2019		
Revenues:									
Interest		$175		$209		$311		$175	
Capital Reserve Funding - Transfer In		$20,659		$0		$20,659		$41,227	
Carry Forward Surplus		$55,879		$46,034		$46,034		$67,004	
 Total Revenues			$76,713		$46,243		$67,004		$108,406	

Expenditures									
Capital Outlay		$0		$0		$0		$0	
 Total Expenditures			$0		$0		$0		$0	
									
 Excess Revenues (Expenditures)			$76,713		$46,243		$67,004		$108,406	

Page 14

SIXTH ORDER OF BUSINESS

RESOLUTION 2018-03

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE AMELIA CONCOURSE COMMUNITY DEVELOPMENT DISTRICT AUTHORIZING AND APPROVING CHANGE OF DESIGNATED REGISTERED AGENT AND REGISTERED OFFICE OF THE AMELIA CONCOURSE COMMUNITY DEVELOPMENT DISTRICT.

WHEREAS, the Amelia Concourse Community Development District (hereinafter the “District”) is a local unit of special-purpose government created and existing pursuant to Chapter 190, Florida Statutes
,being situated entirely within Nassau County, Florida; and

WHEREAS, the District is statutorily required to designate a registered agent and a registered office location for the purposes of records keeping and accepting any process, notice, or demand required or permitting by law to be served upon the District in accordance with 189.014(1), Florida Statutes.

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE AMELIA CONCOURSE COMMUNITY DEVELOPMENT DISTRICT;

Section 1. Jason M. Walters, is hereby designated as Registered Agent for the Amelia Concourse Community Development District.

Section 2. The District’s Registered Office shall be located at 119 South Monroe Street, Suite 300, Tallahassee, Florida 32301.

Section 3. In accordance with Section 189.014, Florida Statutes, the District’s Secretary is hereby directed to file certified copies of this resolution with Nassau County and the Florida Department of Economic Opportunity.

Section 4. This Resolution shall become effective immediately upon adoption.

PASSED AND ADOPTED THIS 15TH DAY OF MAY, 2018.

ATTEST:	AMELIA CONCOURSE COMMUNITY DEVELOPMENT DISTRICT

SECRETARY/ASST. SECRETARY	CHAIRMAN/VICE CHAIRMAN

EIGHTH ORDER OF BUSINESS

C.

 	

VICKI P. CANNON
Supervisor of Elections Nassau County, Florida

April 25, 2018

Ms. Courtney Hogge Recording Secretary
475 West Town Place, Suite 114 St. Augustine, Florida 32092

RE: Amelia Concourse Community Development District Dear Ms. Hogge,

VOTE IN HONOR OF A VETERAN

In response to your letter received on April 18, 2018, please be advised that as of April 15, 2018, there were 280 registered voters within the boundaries of the above referenced District.

Should you have questions, or if we can be of assistance to you in any way, please do not hesitate to contact us.

Sincerely,
;/1;PUl1/°
Maria Pearson
Candidate Coordinator

Enclosure

96135 Nassau Place, Suite 3 • Yulee, Florida 32097-8635
Phone: 904.491.7500 • Toll Free: 1.866.260.4301 • Fax: 904.432.1400
e-mail: info@votenassau.com • website: www.VoteNassau.com

Date	4/16/2018 Time	09:56 AM

Vicki P. Cannon
Supervisor of Elections
Active Voters by District/Precinct

Nassau County, FL

	Amelia Concourse	
Dem	
fun		
Other	
Total		
Black	
Hispanic	
M!k	
ll!!!.fil£	
Other	
204	The Journey Church	54	137	83	6	280	243	13	16	138	136	6	
Amelia Concourse	54	137	83	6	280	243	13	16	8	138	136	6

Page	8

D.

Amelia Concourse CDD	
Field Report May 2018	

First Coast CMS LLC	

May 2018

May 2018

2

Amelia Concourse CDD

Swimming Pools
At this time, there are no maintenance issues regarding the pools

Both pools were treated for stains around the returns. The brass impellers of the pumps caused orange-reddish staining around the returns. This is normal and an ongoing maintenance items of the pools

Facility Maintenance

Wolfe Fencing repaired the fencing at the second entrance to the community
Most of the sconce lighting around the facility was replaced due to flaking paint.
Door to amenity room was painting
All the toilet paper holders were replace (old was were rusting)
All soap dispenser replaced (upgraded to foam)
Onsite office has now been furnished and we are staffing the facility on weekends and currently one day during the week
Pressure washing of the facility will commence during the next two weeks.

NINTH ORDER OF BUSINESS

A.

Amelia Concourse
Community Development District
Unaudited Financial Statements as of
March 31, 2018

Amelia Concourse CDD
Project Completion Funds, Requsistions, and Funding Fiscal Year 2018

Dates	Beginning
Balance	Requisition
Paid	Payee	Funding
Received	Project Completion
Expense	Ending
Balance	
							
10/1/16	$297,684					$297,684	

5/18/17	
$297,684.00	
REQ #15	
AJ Johns		
($15,523.15)	
$282,160.85	
6/1/17	$282,160.85	REQ #17	Adkins Electric		($31,300.00)	$250,860.85	
6/1/17	$250,860.85	REQ #16	AJ Johns		($155,511.43)	$95,349.42	
6/21/17	$95,349.42	REQ #19	Hopping Green		($6,442.67)	$88,906.75	
6/21/17	$88,906.75	REQ #28	Hopping Green		($575.00)	$88,331.75	
7/18/17	$88,331.75	Funding	McCranie	$21,850.00		$110,181.75	
11/6/17	$152,403.79	REQ #21	AJ Johns		($152,403.79)		
12/15/17	($42,222.04)	Funding	McCranie	$42,222.04		$0.00	
Total	$64,072	$209,352.25	$0.00	

Amelia Concourse CDD
Outstanding Bonds, Interest Expense and Accrued Interest Payable Fiscal Year 2018

Dates	Outstanding
Bonds	Interest
Rate	Semi-Annual
Interest	3/11/13
Payment	5/1/14
Payment	11/1/14
Payment	5/1/15
Payment	Outstanding
Bonds	
									
6/1/07	$7,350,000			$95,000	$625,000	$85,000	$75,000	$6,470,000	
								
Accrued Int.	

11/1/09	
$7,350,000	
5.75%	
$211,313	
$2,726	
$17,969	
$2,444	
$2,156	Payable
$186,018	
5/1/10	$7,350,000	5.75%	$211,313	$2,726	$17,969	$2,444	$2,156	$186,018	
11/1/10	$7,350,000	5.75%	$211,313	$2,726	$17,969	$2,444	$2,156	$186,018	
5/1/11	$7,350,000	5.75%	$211,313	$2,726	$17,969	$2,444	$2,156	$186,018	
11/1/11	$7,350,000	5.75%	$211,313	$2,726	$17,969	$2,444	$2,156	$186,018	
5/1/12	$7,350,000	5.75%	$211,313	$2,726	$17,969	$2,444	$2,156	$186,018	
11/1/12	$7,350,000	5.75%	$211,313	$2,726	$17,969	$2,444	$2,156	$186,018	
5/1/13	$7,350,000	5.75%	$211,313	$2,023	$17,969	$2,444	$2,156	$186,721	
11/1/13	$7,255,000	5.75%	$208,581		$17,969	$2,444	$2,156	$186,013	
5/1/14	$7,255,000	5.75%	$208,581		$17,969	$2,444	$2,156	$186,013	
11/1/14	$6,630,000	5.75%	$190,613			$2,444	$2,156	$186,013	
5/1/15	$6,545,000	5.75%	$188,169				$2,156	$186,013	
11/1/15	$6,470,000	5.75%	$186,013					$186,013	
5/2/16	$6,470,000	5.75%	$186,013					$186,013	
11/1/16	$6,470,000	5.75%	$186,013					$181,988	
5/1/17	$6,470,000	5.75%	$186,013					$181,988	
11/1/17	$6,470,000	5.75%	$186,013					$177,675	
Total				$21,106	$179,688	$26,881	$25,875	$3,146,570	

AMELIA CONCOURSE
Community Development District Combined Balance Sheet
March 31, 2018

General		Governmental Fund Types Debt
SPE, LLC	Service	
Capital Projects		
Capital Reserve		Totals (Memorandum
Only)	
Assets:			 						

Cash	
$77,442		
---	---	
---		
---		
$77,442	
Cash-Regions	---		$145,090	---	---		---		$145,090	
Land Held for Resale Investments:
2007 Series
Reserve	---

---		$54,656	---

---	$82,607	---

---		---

---		$54,656

$82,607	
Revenue	---		---	$308,891	---		---		$308,891	
Prepayment	---		---	$29,439	---		---		$29,439	
Construction	---		---	---	$69,692		---		$69,692	
Deferred Cost
2016 Series
Reserve	---

---		---	---

---	$123,937	$5,985

---		---

---		$5,985

$123,937	
Revenue	---		---	$95,181	---		---		$95,181	
Prepayment	---		---	$59,047	---		---		$59,047	
Construction	---		---	---	$614		---		$614	
COI	---		---	---	$0		---		$0	
SBA	---		---	---	---		$67,808		$67,808	
Custody	$126,230		---	---	---		---		$126,230	
Project Completion	$0		---	---	---		---		$0	
Due From Other	$9		---	---	---		---		$9	
Electric Deposits	$2,475		---	---	---		---		$2,475	
Prepaid Expenses	$0		---	---	---		---		$0	
			
 			---			
TOTAL ASSETS	$206,156		$199,746	$699,101	$76,291		$67,808		$1,249,102	

Liabilities:
Accounts Payable	

$8,342.89		

$101,456	---	

---		

---		

$109,799	
Contract Payable	---		---	---	---		---		$0	
Retainage Payable	---		---	---	---		---		$0	
Deferred Revenue	---		---	---	---		---		$0	
Due To SPE	---		---	---	---		---		$0	
Due to General Fund	---		---	---	---		---		$0	
Due to Capital Reserve	---		---	---	---		---		$0	
Due to Other	---		$42,813	---	---		---		$42,813	
Accrued Interest Payable	---		---	$3,146,570	---		---		$3,146,570	
Accrued Principal Payable	---		---	$275,000	---		---		$275,000	

Fund Balances:
Restricted for Debt Service	

---		

---	($2,722,468)	

---		

---		

($2,722,468)	
Restricted for Capital Projects	---		---	---	$76,291		---		$76,291	
Nonspendable	$1,263		---	---	---		---		$1,263	
Unassigned
Total Liabilities & Fund Equity	$195,287		$55,478	---	---		$67,808		$318,573	
& Other Credits	$206,156		$199,746	$699,101	$76,291		$67,808		$1,249,102	

REVENUES:		
Special Assessment-Tax Roll	$210,865	$72,197	$72,197	$0	
Special Assessment-Direct	$82,680	$0	$0	$0	
Interest Income	$0	$0	$56	$56	
Rental Revenue/Miscellaneous Income	$500	$250	$9	($241)	
O & M Funding - SPE (Transfer In)	$0	$55,120	$55,120	$0	
TOTAL REVENUES	$294,045	$127,567	$127,382	($185)	
EXPENDITURES:					
ADMINISTRATIVE:					
Supervisors	$6,000	$2,500	$1,600	$900	
FICA Expense	$459	$230	$122	$107	
Travel	$300	$0	$0	$0	
Engineering	$5,000	$417	$150	$267	
Attorney Fees	$20,000	$5,000	$3,709	$1,291	
Annual Audit	$5,500	$0	$0	$0	
Dissemination	$3,500	$1,750	$1,750	($0)	
Assessment Roll	$5,000	$5,000	$5,000	$0	
Property Appraiser	$0	$0	$2,090	($2,090)	
Trustee Fees	$8,000	$4,000	$3,367	$633	
Arbitrage	$1,200	$600	$1,200	($600)	
Management Fees	$43,260	$21,630	$21,630	$0	
Information Technology	$1,500	$750	$758	($8)	
Telephone	$150	$75	$41	$34	
Postage	$350	$175	$234	($59)	
Insurance	$9,161	$4,581	$8,398	($3,818)	
Printing and Binding	$1,000	$500	$431	$69	
Legal Advertising	$2,700	$1,350	$520	$830	
Other Current Charges	$450	$225	$227	($2)	
Office Supplies	$150	$75	$119	($44)	
Dues, Licenses & Subscriptions	$175	$175	$175	$0	
TOTAL ADMINISTRATIVE	$113,855	$49,032	$51,523	($2,492)	
FIELD:					
Contract Services:
Landscape Maintenance	

$21,471	

$10,736	

$12,820	

($2,085)	
Lake Maintenance	$5,952	$2,976	$1,548	$1,428	
Management Company	$5,799	$2,900	$3,474	($575)	
Subtotal Contract Services	$33,222	$16,611	$17,842	($1,231)	

Repairs & Maintenance:					
Repairs & Maintenance	$11,000	$6,417	$6,924	($508)	
Irrigation Repairs	$1,000	$500	$129	$371	
Subtotal Repairs and Maintenance	$12,000	$6,917	$7,053	($136)	

Utilities:					
Electric	$16,000	$8,000	$8,103	($103)	
Water & Sewer	$19,000	$9,500	$9,010	$490	
Subtotal Utilities	$35,000	$17,500	$17,113	$387	

Amenity Center:					
Insurance	$15,807	$15,807	$15,150	$657	
Amenity Staffing	$9,248	$3,083	$1,130	$1,953	
Pool Maintenance	$13,119	$6,560	$4,805	$1,755	
Pool Chemicals	$5,215	$2,608	$3,624	($1,017)	
Pool Permits	$515	$515	$528	($12)	
Cable	$180	$90	$91	($1)	
Janitorial	$3,394	$2,263	$3,539	($1,276)	
Facility Maintenance	$15,310	$7,655	$1,078	$6,576	
Project Completion Expense	$0	$0	$110,182	($110,182)	
Subtotal Amenity Center	$62,788	$38,579	$140,127	($101,548)	
Reserves:
Capital Outlay	

$20,180	

$1,682	

$2,600	

($918)	
Capital Reserve Fund	$17,000	$0	$0	$0	
Subtotal Amenity Center	$37,180	$1,682	$2,600	($918)	
					
TOTAL FIELD	$180,190	$81,289	$184,735	($103,446)	
					
TOTAL EXPENDITURES	$294,045	$130,321	$236,258	($105,938)	
					
EXCESS REVENUES (EXPENDITURES)	($0)		($108,877)		
FUND BALANCE - Beginning	$102,070		$305,427		
FUND BALANCE - Ending	$102,070		$196,550		

Amelia Concourse
Community Development District
General Fund
Month By Month Income Statement Fiscal Year 2018

October	
November	
December	
January	
February	
March	
April		
May		
June		
July		
August		
September	
Total	
Revenues:																			
Special Assessment-Tax Roll	$0	$3,677	$59,795	$601	$3,399	$4,726		$0		$0		$0		$0		$0	$0	$72,197	
Special Assessment-Direct	$0	$0	$0	$0	$0	$0		$0		$0		$0		$0		$0	$0	$0	
Interest Income	$0	$9	$9	$18	$20	$0		$0		$0		$0		$0		$0	$0	$56	
Rental/Miscellaneous	$9	$0	$0	$0	$0	$0		$0		$0		$0		$0		$0	$0	$9	
O&M Funding-SPE (Transfer Iin)	$27,560	$0	$0	$27,560	$0	$0		$0		$0		$0		$0		$0	$0	$55,120	
Total Revenues	$27,569	$3,686	$59,804	$28,178	$3,419	$4,726		$0		$0		$0		$0		$0	$0	$127,382	
Expenditures:																			
Administrative																			
Supervisors	$0	$0	$0	$800	$800	$0		$0		$0		$0		$0		$0	$0	$1,600	
FICA Expense	$0	$0	$0	$61	$61	$0		$0		$0		$0		$0		$0	$0	$122	
Travel	$0	$0	$0	$0	$0	$0		$0		$0		$0		$0		$0	$0	$0	
Engineering	$0	$150	$0	$0	$0	$0		$0		$0		$0		$0		$0	$0	$150	
Attorney Fees	$0	$322	$0	$1,989	$1,398	$0		$0		$0		$0		$0		$0	$0	$3,709	
Annual Audit	$0	$0	$0	$0	$0	$0		$0		$0		$0		$0		$0	$0	$0	
Dissemination	$292	$292	$292	$292	$292	$292		$0		$0		$0		$0		$0	$0	$1,750	
Assessment Roll	$5,000	$0	$0	$0	$0	$0		$0		$0		$0		$0		$0	$0	$5,000	
Property Appraiser	$0	$2,090	$0	$0	$0	$0		$0		$0		$0		$0		$0	$0	$2,090	
Trustee Fees	$3,367	$0	$0	$0	$0	$0		$0		$0		$0		$0		$0	$0	$3,367	
Arbitrage	$0	$1,200	$0	$0	$0	$0		$0		$0		$0		$0		$0	$0	$1,200	
Management Fees	$3,605	$3,605	$3,605	$3,605	$3,605	$3,605		$0		$0		$0		$0		$0	$0	$21,630	
Information Technology	$125	$125	$125	$133	$125	$125		$0		$0		$0		$0		$0	$0	$758	
Telephone	$26	$0	$0	$0	$0	$16		$0		$0		$0		$0		$0	$0	$41	
Postage	$6	$61	$6	$3	$128	$32		$0		$0		$0		$0		$0	$0	$234	
Insurance	$8,398	$0	$0	$0	$0	$0		$0		$0		$0		$0		$0	$0	$8,398	
Printing and Binding	$15	$15	$15	$4	$109	$273		$0		$0		$0		$0		$0	$0	$431	
Legal Advertising	$0	$0	$0	$520	$0	$0		$0		$0		$0		$0		$0	$0	$520	
Other Current Charges	$36	$36	$30	$67	$29	$30		$0		$0		$0		$0		$0	$0	$227	
Office Supplies	$0	$0	$0	$0	$0	$118		$0		$0		$0		$0		$0	$0	$119	
Dues, Licenses & Subscriptions	$175	$0	$0	$0	$0	$0		$0		$0		$0		$0		$0	$0	$175	
Total Administrative	$21,045	$7,895	$4,073	$7,474	$6,546	$4,490		$0		$0		$0		$0		$0	$0	$51,523	
FIELD																			
Landscape Maintenance	$1,042	$2,874	$1,042	$1,642	$1,705	$4,515		$0		$0		$0		$0		$0	$0	$12,820	
Lake Maintenance	$258	$258	$258	$258	$258	$258		$0		$0		$0		$0		$0	$0	$1,548	
Management Company	$579	$579	$579	$579	$579	$579		$0		$0		$0		$0		$0	$0	$3,474	
Repairs & Maintenance	$3,021	$0	$266	$0	$44	$3,593		$0		$0		$0		$0		$0	$0	$6,924	
Irrigation Repairs	$0	$0	$0	$44	$19	$66		$0		$0		$0		$0		$0	$0	$129	
Electric	$1,399	$1,346	$1,367	$1,312	$1,296	$1,382		$0		$0		$0		$0		$0	$0	$8,103	
Water & Sewer	$1,834	$1,958	$2,262	$1,375	$643	$938		$0		$0		$0		$0		$0	$0	$9,010	
Insurance	$15,150	$0	$0	$0	$0	$0		$0		$0		$0		$0		$0	$0	$15,150	
Amenity Staffing	$0	$0	$0	$0	$0	$1,130		$0		$0		$0		$0		$0	$0	$1,130	
Pool Maintenance	$801	$801	$801	$801	$801	$801		$0		$0		$0		$0		$0	$0	$4,805	
Pool Chemicals	$1,258	$0	$937	$0	$469	$961		$0		$0		$0		$0		$0	$0	$3,624	
Pool Permits	$0	$0	$0	$0	$0	$528		$0		$0		$0		$0		$0	$0	$528	
Cable	$15	$15	$15	$15	$15	$15		$0		$0		$0		$0		$0	$0	$91	
Janitorial	$2,357	$215	$215	$215	$215	$321		$0		$0		$0		$0		$0	$0	$3,539	
Facility Maintenance	$0	$0	$928	$0	$0	$150		$0		$0		$0		$0		$0	$0	$1,078	
Project Completion Expense	$0	$110,182	$0	$0	$0	$0		$0		$0		$0		$0		$0	$0	$110,182	
Capital Outlay	$0	$0	$0	$0	$2,600	$0		$0		$0		$0		$0		$0	$0	$2,600	
Capital Reserve	$0	$0	$0	$0	$0	$0		$0		$0		$0		$0		$0	$0	$0	
Total Field	$27,714	$118,229	$8,671	$6,241	$8,643	$15,237		$0		$0		$0		$0		$0	$0	$184,735	
																			
Total Expenses	$48,759	$126,124	$12,743	$13,715	$15,190	$19,727		$0		$0		$0		$0		$0	$0	$236,258	
																			
Excess Revenues (Expenditures)	($21,190)	($122,438)	$47,060	$14,463	($11,771)	($15,001)		$0		$0		$0		$0		$0	$0	($108,877)	

AMELIA CONCOURSE SPE, LLC
Statement of Revenues & Expenditures For The Period Ending March 31, 2018

Variance

Actual
Thru 3/31/18

Prorated
Thru 3/31/18

Adopted
Budget

REVENUES:		
Bondholders Contributions	$122,292	$31,098	$31,098	$0	
Miscellaneous Revenues	$0	$0	$0	$0	
TOTAL REVENUES	$122,292	$31,098	$31,098	$0	

EXPENDITURES:					
Annual Corporate Fees	$150	$150	$144	$6	
Bank Charges/Other Current	$250	$250	$273	($23)	
CDD Assessments/Transfer Out	$87,892	$0	$0	$0	
Contingency/Miscellaneous	$5,000	$0	$0	$0	
Insurance - Liability	$1,500	$0	$0	$0	
Engineering	$7,500	$0	$0	$0	
Management Fees	$5,000	$2,500	$3,500	($1,000)	
Legal Fees/Professional Fees	$0	$0	$753	($753)	
Property Taxes	$15,000	$0	$0	$0	
TOTAL EXPENDITURES	$122,292	$2,900	$4,669	($1,769)	

OTHER SOURCES/(USES):					
Land Sale Proceeds	$0	$0	$0	$0	
Transfer Out	$0	$0	$55,120	$55,120	
TOTAL OTHER SOURCES/(USES)	$0	$0	$55,120	$55,120	
					
EXCESS REVENUES (EXPENDITURES)	$0		($28,691)		

FUND BALANCE - Beginning	
$0		
$84,169		
FUND BALANCE - Ending	$0		$55,478		

2007A DEBT SERVICE FUND
Statement of Revenues & Expenditures For The Period Ending March 31, 2018

Adopted	Prorated
Thru	Actual
Thru		
	Budget	3/31/18	3/31/18	Variance	

REVENUES:					
Special Assessments - Tax Collector	$116,683	$45,957	$45,957	$0	
Interest Income	$0	$0	$2,544	$2,544	
Other Revenue Sources	$398,667	$39,601	$39,601	$0	
TOTAL REVENUES	$515,350	$85,558	$88,102	$2,544	

EXPENDITURES:					
Series 2007A
Interest Expense - 11/01	

$177,675	

$177,675	

$177,675	

$0	
Interest Expense - 3/28	$0	$0	$422,625	($422,625)	
Interest Expense - 05/01	$177,675	$0	$0	$0	
Principal Expense - 05/01	$160,000	$0	$0	$0	
Principal Expense - 05/01 (Prepayment)	$0	$0	$0	$0	
TOTAL EXPENDITURES	$515,350	$177,675	$600,300	($422,625)	

OTHER SOURCES/(USES)					
Interfund Transfer	$0	$0	($266)	($266)	
Other Debt Service Costs	$0	$0	$19,280	$19,280	
TOTAL OTHER SOURCES AND USES	$0	$0	$19,014	$19,014	
					
EXCESS REVENUES (EXPENDITURES)	$0		($493,184)		

FUND BALANCE - Beginning	
$0		
($2,507,449)		
FUND BALANCE - Ending	$0		($3,000,633)		

Interest Income	$240	$198	$198	$0	
Special Assessments	$246,100	$96,930	$96,930	$0	
Other Revenue Sources	$0	$0	$59,045	$59,045	
TOTAL REVENUES	$246,340	$97,128	$156,173	$59,045	

EXPENDITURES:					
Series 2016
Interest Expense - 11/01	

$101,550	

$101,550	

$101,550	

$0	
Interest Expense - 05/01	$101,550	$0	$0	$0	
Principal Expense - 05/01	$40,000	$0	$0	$0	
TOTAL EXPENDITURES	$243,100	$101,550	$101,550	$0	

OTHER SOURCES/(USES)					
Interfund Transfer	$0	$0	($1,581)	($1,581)	
Bond Proceeds	$0	$0	$0	$0	
TOTAL OTHER SOURCES AND USES	$0	$0	($1,581)	($1,581)	
					
EXCESS REVENUES (EXPENDITURES)	$3,240		$53,042		

FUND BALANCE - Beginning	
$102,070		
$225,123		
FUND BALANCE - Ending	$105,310		$278,165		

AMELIA CONCOURSE
Community Development District
CAPITAL PROJECTS FUND
Statement of Revenues & Expenditures For The Period Ending March 31, 2018

	Series
2007	Series
2016		

REVENUES:				
Interest Income	$297		$0	
Total Revenues	$297		$0	
EXPENDITURES:				
Capital Outlay	$0		$0	
Cost of Issuance	$0		$0	
Total Expenditures	$0		$0	
OTHER SOURCES/(USES)				
Interfund Transfer	$116		$598	
Bond Process	$0		$0	
Total Other Sources/(Uses)	$116		$598	
				
EXCESS REVENUES (EXPENDITURES)	$413		$598	
				
FUND BALANCE - Beginning	$75,263		$16	
				
FUND BALANCE - Ending	$75,677		$614	

AMELIA CONCOURSE
Community Development District
Capital Reserve Fund Statement of Revenues & Expenditures For The Period Ending March 31, 2018

Adopted	Prorated
Thru	Actual
Thru			
	Budget	3/31/18	3/31/18	Variance		

Revenues:						
Interest	$175	$523	$523		$0	
Capital Reserve Funding - Transfer In	$20,659	$0	$0		$0	
Total Revenues	$20,834	$523	$523		$0	

Expenditures						
Capital Outlay	$0	$0	$0		$0	
Repair and Replacement	$0	$0	$0		$0	
Total Expenditures	$0	$0	$0		$0	

OTHER SOURCES/(USES)						
Interfund Transfer In/(Out)	$0	$0	$0		$0	
Total Other Sources/(Uses)	$0	$0	$0		$0	
						
EXCESS REVENUE (EXPENDITURES)	$20,834		$523			
						
FUND BALANCE - Beginning	$67,004		$67,285			
						
FUND BALANCE - Ending	$87,838		$67,808			

Series 2007 Capital Improvement Revenue Bonds

1. Recap of Capital Project Fund Activity Through March 31, 2018
Opening Balance in Construction Account	
$0.00	
Source of Funds:	Interest Earned	$6,337,199.28	
Interfund Transfer from 2007 Reserve	$0.00	
Use of Funds:
Disbursements:	Clearing and Grading	
$0.00	
Storm Water Management System	$0.00	
Roadways and Sidewalks	$0.00	
Water	$0.00	
Sewer	$0.00	
Recreation Area	$0.00	
Entrance Features, Landscaping & Permiting, Fencing & Buffering	$0.00	
Professional Fees	($683.00)	
COI	$0.00	
Funding Request	$0.00	
Miscelaneous	$0.00	
Adjusted Balance in Construction Account at March 31, 2018	 	$6,336,516.28 	

2. Funds Available For Construction at March 31, 2018		
Book Balance of Construction Fund at March 31, 2018	$6,336,516.28		

Construction Funds available at March 31, 2018	 	$6,336,516.28

3. Investments - US Bank

March 31, 2018	

Type	

Yield	

Due	

Maturity		

Principal	
Construction Fund:	Overnight	0.10%			$0.00	$0.00	
Deferred Costs:	Overnight	0.10%			$0.00	$0.00	

ADJ: Outstanding Requisitions 	$69,691.77 Balance as of March 31, 2018 	$69,691.77 

Series 2016 Capital Improvement Revenue Bonds

1. Recap of Capital Project Fund Activity Through March 31, 2018
Opening Balance in Construction Account		
$2,986,072.50	
Source of Funds:	Interest Earned		$1,484.01	
Transfer from 2007 for Reimbursements		$1,609.79	
Use of Funds:
Disbursements:	Clearing and Grading		
($370,349.51)	
Roadway		($978,741.63)	
Stormwater		($667,245.47)	
Water		($339,829.15)	
Sewer		($342,750.58)	
Electrical		$0.00	
Landscaping, Entry Monuments & Signs		$0.00	
Engineering/Permitting		($19,257.78)	
Professional Fees		($15,222.59)	
Miscellaneous		($47,542.61)	
COI		($207,612.69)	
Adjusted Balance in Construction Account at March 31, 2018		 	$614.28 	

2. Funds Available For Construction at March 31, 2018
Book Balance of Construction Fund at March 31, 2018	

$614.28		
Construction Funds available at March 31, 2018	 	$614.28		

3. Investments - US Bank			
March 31, 2018	Type	Yield	Due	Maturity	Principal	
Construction Fund:	Overnight	0.10%	$614.28	$614.28	

ADJ: Outstanding Requisitions 		$0.00 Balance as of March 31, 2018 	$614.28 

Community Development District Long Term Debt Report

Series 2007 Capital Improvement Revenue Bonds	
Interest Rate:	5.75%	
Maturity Date:	5/1/38	
Reserve Fund Definition:	7.0264% of Deemed Outstanding	
Reserve Fund Requirement:	$454,605.97	
Reserve Balance:	$82,606.77	
Bonds outstanding - 9/30/2013	$7,255,000	
Less: November 1, 2013	$0	
Less: May 1, 2014 (Mandatory)	($125,000)	
Less: May 1, 2014 (Prepayment)	($65,000)	
Less: May 1, 2014 (Prior Years)	($435,000)	
Less: November 1, 2014 (Prepayment)	($85,000)	
Less: May 1, 2015 (Prepayment)	($75,000)	
Current Bonds Outstanding	$6,470,000	

Series 2016 Capital Improvement Revenue Bonds		
Interest Rate:	6.00%	
Maturity Date:	5/1/47	
Reserve Fund Definition:	50% of MADS	
Reserve Fund Requirement:	$123,050.00	
Reserve Balance:	$123,937.19	
Bonds outstanding - 6/30/2016	$3,385,000	
Current Bonds Outstanding	$3,385,000	

B.

AMELIA CONCOURSE
Community Development District

Date	Check Numbers	Amount	

Payroll
2/21/18	

50122-50125	

$	738.80	
General Fund 2/1/18	

1293-1294	

$	569.60	
2/8/18	1295-1297	$	6,238.05	
2/15/18	1298-1299	$	1,086.00	
2/22/18	1300-1301	$	369.40	
3/1/18	1302	$	662.66	
3/8/18	1303-1307	$	8,478.99	
3/14/18	1308-1311	$	3,317.92	
3/22/18	1312	$	2,230.60	
3/28/18	1313-1315	$	999.54	
	Total General Fund	  $ 23,952.76 	
	Total	$ 24,691.56	

Check Run Summary April 26, 2018

BR040M-A	CHECKS WRITTEN LISTING		AS OF	2/28/2018	RUN	4/27/2018	PAGE	1	
CMPY-001	AMELIA CONCOURSE - GF	BANK-P	AMELIA	CON - PAYROLL			
CHECK#	TYPE	SYSTEM	CHECK DATE	CHECK AMT	EMP/CUS/VEN#	DESCRIPTION

050122	R	PR	02/21/2018	184.70	7	SCOTT H	CAMPBELL	
050123	R	PR	02/21/2018	184.70	8	DAVID P	JAE	
050124	R	PR	02/21/2018	184.70	1	DEBORAH	K MALLOCH	
050125	R	PR	02/21/2018	184.70	2	JAMES G	MARVIN III	
BANK	TOTAL	738.80	
COMPANY	TOTAL	738.80	

ACON AMELIA CONCOUR BSANCHEZ

Attendance Sheet
District Naine:	Amelia Concourse CDD

Board Meeting Date: February 20, 2018 Meeting

NIA

Nick Powell

5

$ 200.00

[Z]

David Jae

4

$200.00

Scott Campbell (phol\ )

3

$ 200.00

[Z]

Glen Marvin

2

$ 200.00

Deborah Malloch

1

Fee

In Attendance

Name

The Supervisors present at the above-referenced meeting should be compensated accordingly.

Approved for Payment:

!:JrJ&	 		 	
District Manag  ·	Date 1	'

PLEASE RETURN COMPLETED FORM TO BRIAN SANCHEZ

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	4/27/18	PAGE	1
*** CHECK DATES 02/01/2018 - 03/31/2018 ***	AMELIA CONCOURSE - GF
BANK A AMELIA CON - GENERAL
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...	VENDOR NAME	STATUS	AMOUNT	....CHECK.....
DATE	DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS	AMOUNT	#
2/01/18 00002	12/12/17 98007	201711 310-51300-31500	*	322.00
CLOSING ON PHASE III PROP
HOPPING GREEN & SAMS	322.00 001293
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - 2/01/18 00055	1/26/18 402814	201801 310-51300-48000	*	247.60
2/9/18 NOTICE OF MEETING
NEWS LEADER	247.60 001294
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - 2/08/18 00049	2/01/18 3589	201802 320-57200-46000	*	215.20
FEB JANITORIAL SERVICES
2/01/18 3589	201802 320-57200-45300	*	800.80
FEB POOL MAINTENANCE
2/01/18 3589	201802 320-57200-34000	*	579.00
FEB SITE MANAGEMENT
FIRST COAST CMS, LLC	1,595.00 001295
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - 2/08/18 00049	2/03/18 3596	201802 320-57200-62000	*	16.72
JANITORIAL SUPPLIES
2/03/18 3596	201802 320-57200-62000	*	27.35
PLANTS FOR SOCIAL ROOM
2/03/18 3596	201802 320-57200-45400	*	468.56
POOL CHEMICALS
FIRST COAST CMS, LLC	512.63 001296
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - 2/08/18 00005	2/01/18 189	201802 310-51300-34000	*	3,605.00
FEB MANAGEMENT FEES
2/01/18 189	201802 310-51300-35100	*	125.00
FEB INFORMATION TECH
2/01/18 189	201802 310-51300-32400	*	291.67
FEB DISSEMINATION FEES
2/01/18 189	201802 310-51300-42500	*	108.75
COPIES
GOVERNMENTAL MANAGEMENT SERVICES	4,130.42 001297
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - 2/15/18 00041	1/31/18 17693	201801 320-57200-46400	*	44.00
IRRIGATION REPAIRS
MARTEX SERVICES LANDSCAPE MGMT	44.00 001298
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - 2/15/18 00041	2/01/18 69	201802 320-57200-46200	*	1,042.00
MAINTENANCE CONTRACT
MARTEX SERVICES LANDSCAPE MGMT	1,042.00 001299
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - 2/22/18 00079	1/16/18 01162018 201801 310-51300-49000	*	184.70
REISSUE 1/16/18 MEETING
1/16/18 01162018 201801 310-51300-49000	V	184.70-
REISSUE 1/16/18 MEETING
DAVID P JAE	.00 001300
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - ACON AMELIA CONCOUR BSANCHEZ

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER BANK A AMELIA CON - GENERAL
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS	RUN	4/27/18

AMOUNT	
2/22/18 00078	1/16/18
1/16/18	01162018
REISSUE
01162018	201801 310-51300-49000
201801 310-51300-49000	* V	184.70
184.70-	
		REISSUE	1/16/18 MEETING			

*** CHECK DATES 02/01/2018 - 03/31/2018 ***	AMELIA CONCOURSE - GF

1/16/18 MEETING

PAGE	2

....CHECK.....
AMOUNT	#

DEBORAH K MALLOCH	.00 001301
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - 3/01/18 00041	2/09/18 178	201802 320-57200-46200	*	662.66
PLAYGROUND MULCH
MARTEX SERVICES LANDSCAPE MGMT	662.66 001302
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - 3/08/18 00027	3/01/18 402774	201803 320-57200-46800	*	258.00
MAR LAKE MAINTENANCE
AQUATIC SYSTEMS, INC.	258.00 001303
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - 3/08/18 00001	2/20/18 60948721 201802 310-51300-42000	*	128.35
FEB FEDEX POSTAGE
FEDEX	128.35 001304
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - 3/08/18 00049	3/01/18 3631	201803 320-57200-46000	*	215.20
MAR JANITORIAL SERVICES
3/01/18 3631	201803 320-57200-45300	*	800.80
MAR POOL MAINTENANCE
3/01/18 3631	201803 320-57200-34000	*	579.00
MAR SITE MANAGEMENT
3/01/18 3631	201803 320-57200-34100	*	1,130.00
MAR WEEKEND STAFFING
FIRST COAST CMS, LLC	2,725.00 001305

3/08/18 00005	3/01/18	
	3/01/18	
	3/01/18	
	3/01/18	
	3/01/18	
	3/01/18	

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - 190	201803 310-51300-34000	*	3,605.00
MAR MANAGEMENT FEES
190	201803 310-51300-35100	*	125.00
MAR INFORMATION TECH
190	201803 310-51300-32400	*	291.67
MAR DISSEMINATION FEES
190	201803 310-51300-51000	*	15.00
OFFICE SUPPLIES
190	201803 310-51300-42500	*	273.30
COPIES
190	201803 310-51300-41000	*	15.67
TELEPHONE
GOVERNMENTAL MANAGEMENT SERVICES	4,325.64 001306
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - 3/08/18 00041	3/01/18 406	201803 320-57200-46200	*	1,042.00
MAR LANDSCAPE MAINTENANCE
MARTEX SERVICES LANDSCAPE MGMT	1,042.00 001307
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - ACON AMELIA CONCOUR BSANCHEZ

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	4/27/18	PAGE	3
*** CHECK DATES 02/01/2018 - 03/31/2018 ***	AMELIA CONCOURSE - GF
BANK A AMELIA CON - GENERAL
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...	VENDOR NAME	STATUS	AMOUNT	....CHECK.....
DATE	DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS	AMOUNT	#
3/14/18 00049	3/06/18 3653	201803 320-57200-62000	*	550.00
REPAIR DOOR FRAME
FIRST COAST CMS, LLC	550.00 001308
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - 3/14/18 00049	3/07/18 3660	201803 320-57200-35000	*	75.00
NADERS ANT TREATMENT
3/07/18 3660	201803 320-57200-62000	*	16.65
MAINTENANCE REPAIR ITEMS
3/07/18 3660	201803 320-57200-62000	*	200.00
FENCING 2ND ENTRANCE
3/07/18 3660	201803 320-57200-45400	*	468.56
POOL CHEMICALS
FIRST COAST CMS, LLC	760.21 001309
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - 3/14/18 00002	3/02/18 98885	201801 310-51300-31500	*	1,989.12
MEETING PREP/TRAVEL
HOPPING GREEN & SAMS	1,989.12 001310
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - 3/14/18 00041	2/22/18 555	201802 320-57200-46400	*	18.59
IRRIGATION REPAIRS
MARTEX SERVICES LANDSCAPE MGMT	18.59 001311
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - 3/22/18 00080	2/16/18 802	201802 310-51300-60000	*	2,600.00
RESERVE STUDY
COMMUNITY ADVISORS	2,600.00 001312
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - 3/28/18 00027	2/01/18 399841	201802 320-57200-46800	*	258.00
FEB LAKE MAINTENANCE
AQUATIC SYSTEMS, INC.	258.00 001313
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - 3/28/18 00001	3/13/18 61171355 201803 310-51300-42000	*	31.59
MARCH FEDEX POSTAGE
FEDEX	31.59 001314
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - 3/28/18 00041	3/23/18 734	201803 320-57200-46200	*	709.95
PINE STRAW INSTALLATION
MARTEX SERVICES LANDSCAPE MGMT	709.95 001315
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

TOTAL	FOR BANK A	23,952.76	
TOTAL	FOR REGISTER	23,952.76	

ACON AMELIA CONCOUR BSANCHEZ

Hopping Green & Sams
Attorneys and Counselors

119 S. Monroe Street, Ste. 300
P.O. Box 6526 Tallahassee, FL 32314
850.222.7500
================================= STATEMENT =====================------------

December 12, 2017 Amelia Concourse Community Development District
c/o District Manager

JAN 11 2018

475 West Town Place, Suite 114 St. Augustine, FL 32092

Bill Number  98007 Billed through 11/30/2017

General Counsel
ACCDD	00001	JMW

FOR PROFESSIONAL SERVICES RENDERED
11/06/17	JMW	Confer with working group regarding closing on Phase III property; review assessment roll; review tri-party agreement.

11/16/17	JMW	Review correspondence regarding funding deficit; review completion and acquisition agreements; confer with staff regarding same.

0.70 hrs

0.70 hrs

Total fees for this matter

MATTER SUMMARY

/·'3 /·513· 3} 5
2.

$322.00

Walters, Jason M.	1.40 hrs

TOTAL FEES

TOTAL CHARGES FOR THIS MATTER

230 /hr

$322.00

$322.00

$322.00

BILLING SUMMARY

Walters, Jason M.	1.40 hrs

TOTAL FEES

TOTAL CHARGES FOR THIS BILL

230 /hr

$322.00

$322.00

$322.00

Please include the bill number on vour check.

Ul/,-'.U.Ui

AMELIA C.D.D.

NEWS-LEADER

	247.60	I			
	.00	.00	.00	.00	
1	01/26/18	30057	LAURE.	30057	

P.O. Box 16766
Fernandina Beach FL 32035 (904) 261-3696

Fax(904) 261-3698

Advertising Memo Bill

AMELIA CONCOURSE
475 WEST TOWN PL ST. AUGUSTINE FL	C.D.D. STE 114
32092	

Ad	

#:	Amount Paid: Comments:

402814	

NOTICE/MEETING 02/09
FNL
AFFRD AFFIDAVIT RETAIL DISPL

237.60

247.60

10.00

I·3I· 57:J ·'-! 3
GS

Statement of Account	. Aging of Past Due Amounts

0.00	0.00	0.00	0.00	247.60	

(904) 261-3696

01/2018

402814

NEWS-LEADER

(904) 537 9034
servlce@firstcoastcms.com www.flrstcoas tcms.com

BY: ..........,,	,

BILL TO
Amelia Concourse c/o GMS, LLC
Attn - Dave deNagy
475 W. Town Place - Suite114 St. Augustine, FL 32092
P.O. NUMBER March Service

DATE
02/01/2018

DUE DATE
02/21/2018

SALES REP
Tony Shiver

DATE	ACTIVllY	QlY	RATE	AMOUNT	
02/012/ 018	Amelia Concourse Contract:Janltorlal		215.20	215.20	

Service	I ,3z · S7'Z ·Lie,
Janitorial Services
02/01/2018	Amelia Concourse Contract:Pool Service	800.80	800.80
Pool cleaning service, three days a week
for all three swimmingpools , . , z..51 2.· Y 3
02/01/2018	Amelia Concourse Contract:Slte	579.00	579.00
Management - 1  , 2  , s 12.   . 3'-f
Amenity Center site management

'--/1

TOTAL DUE	$1,595.00
THANK YOU

(904) 537 9034
servlce@flrstcoastcms.com www.flrstcoastcms.com

BY:	,..

BILL TO
Amelia Concourse c/o GMS, LLC
Attn - Dave deNagy
475 W. Town Place - Suite 114

DATE
02/03/2018

DUE DATE
02/23/2018

St. Augustine, FL 32092
P.O. NUMBER

PurchaseReimbursement

SALES REP

DATE	ACTIVITY	QTY	RATE	AMOUNT	
12/12/2017	Home Depot • janitorial supplles J •')'Z· S-7 2 ·' 2			16.72	
01/15/2018	Lowes - plants for soclal room at amenity center 1· '31. .5 -r 2 ,IA'J-			27.35	
02/03/2018	Poolsure - Bulk pool chemicals I · !.>z 5 7 'l · 4 5'-f		 		468.56	

TOTAL DUE	$512.63
THANK YOU.

Invoice	Date	211/2018	
	Invoice#	131295576548	

poolsur:e.".I,...:},.)
..

Terms	;	Net20	
Due Date	2/21/2018	
PO#		
Customer#	13AME150	

1707 Townhurst Dr.
Houston TX 77043
(800) 858-POOL (7665)
www.poolsure.com

Bill To	Ship To	
First Coast CMS, LLC Amelia Concourse
3821 Miruelo Circle North Jacksonville FL 32217	Amelia Concourse 85200 Amayllis Court
Fernandina Beach FL 32034	
Item ID	Description	Qty	Units	Amount	
WM-CHEM-BASE

Fuel Surcharge	Water Management Seasonal Billing Rate Fuel/Environmental Transit Fee

-	1
1	ea ea	446.25
22.31	

Season 1:m11ng chedule:
Summer - April through September monthly service Winter - October through March monthly service

Total Amount Due

468.56
$468.56

-----	----.:---- --·-.

LOWE

LOWE'S HOME CEIHERS, LLC 13\25 CITY SQUARE DRIVE
JACKSOHUILLE, FL 32218	t904) 696-4063

- SALE -
SALESI: S2472MY1 2139128	TRAHS•: 19038989 01-15-18

PO: A:MG:1 A::fd?N .
Description: k2w :tW-1A1/

More, :;a\fin\J• More doing:'

4637:l5 STi\11:. ROAD 200
YULEE. 1:1._ 32097 (904)225-2940

91135 1,94-GAL PALM MAJESTY	25,56

6921 00057 93388
SELF  Cl-\ECK  1) \JT

12it://17 10:0· AM

15.98	OISCOUHT EACH		-3.20 2	12.18
SUBTOTAL:	25,56
TAX:	1.19

06132\::2200:32 H):{8Plt PT .:i\>	9.47
HD){ PAPEI< T )'11ELS :3-PACI(
7319191281213 :; )l:T SCl UB <C,_,.		2. 98 SOFT SCRU\3. )HEMIUM DffENSE-	MEDIUM
01980070 5 l 3 ·NJXAIHRlG ..:A:•	3 .17
WINDEX i \JI r I SUHFACE

IHUOICE 19369 TOTAL:	21.35
VISA:	27.35
TOTAL 01scoUNT:	6.40
OISA:XXXXXXXXXXXX4090 AMOUHT:21.35 AUTHC0:093056 CHIP REFID:241219122362 01/15/18 12:56:16 CUSTOMER CODE: ac
APL: CHASE OISA	TUR: 0080008000

SUBTOl AL S1\LES TAK TOT.C..L
XXXXX)O(X)(X'.< <On.3 DEBIT
AUTH COD[ 9,31:.17

15.62
1.10
$16.72 16.72

AID: A0000000031010 TSI: F800

(_	:---
"TRRI=- 7477	TFRMINAL: 19	01/15/18 12:56:57

l\\lllllllll\\l\\\llll\\\ll\\11111I1I
E:321 57 93188 12/12/2017 7856
Rl:Ti.ll I )0l.ICY DEFINITIONS
POUCY  [I)	DA'IS	POUCY EXPIRES ON
A		1	90	03/1.2/2018 THE HOME 1)1:P)f RESERVE:, THE RIGHT TO LIMIT / Dl:1 1• i ET\JR\\IS. l)Lf:ASE SEE THE
RE.TURN \)1)\.. IGY SIGN IN STORES FOR
DD AILS.

Governmental Management Services, LLC
1001 Bradford Way
Kingston, TN 37763

Invoice

Bill To:
Amelia Concourse COD 476 West TownPlace Suite 114
St. Augustine, FL 32092

1	:., ...................

Invoice #: 189
Invoice Date: 2/1/18
Due Date: 2/1/18
Case:
P.O. Number:

Description	Hours/Qty	Rate	Amount

Management Fees - February 2018 I·?,1• ·1 s ·3 '1
Informatlon Technology -  February 2018 / · 31 · 5 1 -  '35I Dissemination Agent Services - February 2018 1. I .513-'3 Z'1 Coples ,.	l .,	:,. '-/Zs

5			3,605.00	3,605.00	
			125.00	125.00	
			291.67	291.67	
			108.75	108.75	

Total	$4,130.42	
Payments/Credits	$0.00	
Balance Due	$4,130.42	

··

Martex Services
LANDSCAPE  MANAGEMEtlf
1417  Avery Road, Suite 200
Fernandina  Beach,  FL 32034
ph 904 -261-5364 fx 904-261-0821

BILL TO

,vw 1v.marte xlandscape.com

INVOIC E

DATE	INVOICE#	
1/31/20 18	17693	

Amelia Concourse COD
475 \Vest Town Place , Suite 114
St. Augustine, FL 32092

Amelia Concourse

Property Location

	Job Number	TERMS	Date of Service	
	1021[	Due on receipt	1/23/18	

QUANTITY	
DESCRIPTION	
AMOUNT	
	Irrigation System Inspection
PARTS USED TO REPAIR IRRIGATION SYSTEM

CLOCK I
Zone 2 - Rep lace d one rotor tha t was no lo nger rotating, locatedon Ame lia concourse before the entrance. $22.00

CLOCK 2
Zone 5 - Rep laced one cracked rotor, located at the entrance corner of Bellflower Way. $22 .00

FEB  O 9 2018
BY:,_	_	_	_	_   ."...'	0 . 00
44.00	

THANK YOU FOR YOUR BUSINESS.

NOTE: TO ENSURE PROPER CREDIT, PLEASE INDICATE THE INVOICE NUMBER ON YOUR CHECK.	Total	
$44.00	
	Payments/Credits	
$0.00	
	Balance Due	
$44.00	
Sod/ turf grass is guarantee d to be healthy and viable when ins talled. Martex Services offers no warranty or guarantee 011 sod/ turf past the point of installation.		

1417 Avery  Road Fernandina Beach, FL 32034

http://www.martexlandscape.com

INVOICE

Dave DeDenagy
GMS
475 West Town Place
Suite 114
St. Augustine, FL 32092

Amelia Concourse CDD Amelia Concourse COD Fernandina Beach, FL

@Ml

Please detach top portion and return with your payment.
------------------------------------------------·········--------------------------------------------

#34 - Maintenance Contract February 2018

Total	$1,042.00	$0,00	$1,042.00

flECEIV	·n

.Q	FEBO 8 2018 u

Amelia Concourse
COMMUNITY DEVELOPMENT DISTRICT

General Fund

Check Request

Date	Amount	Authorized By	

February 22, 2018	
$184.70	
Dave de Nagy	

Payable to:	

 	Deborah K Malloch (#78)

Date Check Needed:		Budget Category: ASAP	I001.310.513.49000

	

Reissue Board Meeting 1/16/l 8 Check	

.	

(Attach sunnortinz documentation for request.)	

Intended Use  ofF unds Requested

Attendance Sheet
District Name:	Amelia Concourse CDD

Board Meeting Date: January 16, 2018 Meeting

NIA

Nick Powell

5

$200.00

David Jae/

4

$200.00

$ 200.00

Glen Marvin/

2

$ 200.00

G
G
ca
G
G

Scott Campbell f

3

Deborah Malloch

I

In Attendance	Fee	

Name

The Supervisors present at the above-referenced meeting should be compensated accordingly.

Approved for Payment:
Din	amre	Date	/	1

PLEASE RETURN COMPLETED FORM TO BRIAN SANCHEZ

Amelia Concourse
COMMUNITY DEVELOPMENT DISTRICT

General Fund

Check Request

Date	Amount	Authorized By	

February 22, 2018	
$184.70	
Dave de Nagy	

Payable to:	

 	David P Jae (#79)

Date Check Needed:		Budget Category: ASAP	I001.310.513.49000

	

Reissue Board Meetin 1/16/18 Check	

	

(Attach su.,,.,.,,ortino- documentation for renuest. l	

Intended Use of Funds Renuested:

Attendance Sheet
District Naine:	Amelia Concourse CDD

Board Meeting Date: January 16, 2018 Meeting

NIA

Nick Powell

5

$200.00

David Jae/

4

$200.00

$ 200.00

Glen Marvin/

2

$ 200.00

I

Fee

In Attendance
G G
G
G
G

Scott Campbeljl

3

Deborah Malloch

 	Name

The Supervisors present at the above-referenced meeting should be compensated accordingly.

Approved for Payment:

Di	amre	Date	I	I

PLEASE RETURN COMPLETED FORM TO BRIAN SANGHEZ

Martex Services

LANDSCAPE MANAGEMENT

Dave DeDenagy
GMS
475 West Town Place Suite 114
St. Augustine, FL 32092

INVOICE

Amelia Concourse CDD Amelia Concourse CDD Fernandina Beach, FL

$662.66 	1

Please detach top portion and retum with your payment.

#271 - Playground Mulching
Playground Mulching		
Landscape Work	$662.66	$0.00	$662.66	
Total	$662.66	$0.00	$662.66	

}· 32· S7Z · YLD2-
y l

IEC	,

FEB 1 4 201H

BY-· -	-	-	-	-

1417 Avery Road Fernandina Beach, FL 32034

http://www.martexlandscape.com

Invoice

		INVOICE DATE:	3/1/2018	
2100 NW 33rd Street	Pompano Beach, FL 33069	INVOICE NUMBER:	0000402774	
1-800-432-4302 - Fax (954) 977-7877	CUSTOMER NUMBER: 0070160 PO NUMBER:
PAYMENT TERMS: Net 30	

Amelia Concourse CDD
C/0 Governmental Mgmt Services
475 W. Town Place #114
St Augustine, FL 32092

I - 32.·57 2· ½1,,f{
2..1

QTY ORD	ITEM DESCRIPTION	U/M	UNIT PRICE	EXT PRICE	
1	Monthly Lake and Wetland Services - March		258.00	258.00	

!Hi

SALES TAX: (0.0%)	$0.00	
LESS PAYMENT:	$0.00	
TOTAL DUE:	$258.00	

A 1.5% FINANCE CHARGE IS ADDED TO BALANCES 31 OR MORE DAYS PAST DUE

PLEASE RETURN THIS PORTION WITH PAYMENT.
MAKE CHECKS PAYABLE TO: Aquatic Systems, Inc.
□	Address Changes (Note on Back of this Slip)
*Please include contact name and phone number*

Aquatic Systems, Inc. 2100 NW 33rd Street
Pompano Beach, FL 33069

DATE:	3/1/2018	
INVOICE NUMBER:	0000402774	
CUSTOMER NUMBER:	0070160	
TOTAL AMOUNT DUE:	$258.00	
(AMOUNT PAID:	)

THANK YOU  FOR YOUR BUSINESS!

FIRSTCOASTCONTRACT	Invoice 3631

MAINTENANCE SERVICES, LLC
3821 Miruelo Cir N Jacksonville, FL 32217 US (904) 537 9034
service@firstcoastcms.com
www.firstcoastcms.com

BILL TO
Amelia Concourse c/o GMS, LLC
Attn - Dave deNagy

DATE
03/01/2018

DUE DATE 03/21/2018

475 W. Town Place - Suite 114 St. Augustine, FL 32092
P.O. NUMBER April Service	

SALES REP
Tony Shiver		
DATE	ACTIVITY	QTY		RATE	AMOUNT	
03/01/2018	Amelia Concourse Contract:Janitorial			215.20	215.20	
Service	I·32. :J"rz •'f(,					
	Janitorial Services			
03/01/2018	Amelia Concourse Contract:Pool Service	800.80	800.80	
	Pool cleaning service, three days a week			
	for all three swimming pools !·3 t · 5·72·. 453			
03/01/2018	Amelia Concourse Contract:Site	579.00	579.00	
	Management	1·32• 572..•3'1			
	Amenity Center site management			
03/01/2018	Amelia Concourse Contract:Staffing	1,130.00	1,130.00	
	Weekend staffing (attendant) for amenity			

 		center during_J)eakseason I· J:;i...· fi72 · 3 '1 j

TOTAL DUE	$2,725.00
 	
THANK YOU.

Governmental Management Services, LLC
1001 Bradford Way
Kingston, TN 37763

Invoice

Bill To:
Amelia Concourse COD 475 West Town Place Suite 114
St. Augustine, FL 32092

'j'

Invoice #: 190 Invoice  Date: 3/1/18
Due Date:  3/1/18
Case:
P.O. Number:

Description	Hours/Qty	Rate	Amount

Management Fees - March 2018 I• 31· fi13 • 1'1 Information Technology - March 2018 I· 3 I· 513 ·3 '> ( Dissemination Agent Services - March 2018 1 ,3 ,. 513·3 2
Office Supplies f·'31·5}3·5\ Copies 1•'3/• 513 · 42. 5 Telephone I ·?>I · 513. y I

5			3,605.00	3,605.00
125.00	125.00
291.67	291,67
15.00	15.00
273.30	273.30
15.67	15.67	

	Total	$4,325.64	
	Payments/Credits	$0.00	
	Balance Due	$4,325.64	

Martex Services

lANDSCAH MANAGEMENT

INVOICE

03/01/18

03/'31/18

nate

lnvoico NQ.

Dave DeDenagy GMS
475 West Town P1aca
suite 114
St Augus ne, FL 32092

Amelia Concourse coD Amelia Concourse COD Fernandina Beach, FL

Please detach top portion and retvrn with your payment.

#34 - Mt1intenance Contract March 2018

$0.00	$1,042.00

Total	$1,042.00	$0.00	$1,042.00

1417 Avery Road  Fernandina Beach, FL 32034

http://www.martexlandscape.com

BILLTO
Amelia Concourse c/o GMS, LLC
Attn - Dave deNagy
475 W. Town Place - Suite 114

DATE
03/06/2018

DUE DATE
03/26/2018

St. Augustine, FL 32092
P.O. NUMBER Door Magnet

DATE

03/19/2018

ACTIVITY

Misc. Labor
Repair broken door frame and electromagnet to the Family restroom Door. Appears someone kicked In door, ripping the Magl ock from the door casing. MagLock was able to be salvagedbut required new wire to be run to panel. Door casing had to be replaced.

QTY	RATE

550.00

AMOUNT

550.00

TOTALDUE	$550.00
THANK YOU.

BILL TO
Amelia Concourse c/o GMS, LLC
Attn - Dave deNagy
475 W. Town Place - Suite 114 St. Augustine, FL 32092

DATE
03/07/2018

DUE DATE
03/27/2018

P.O. NUMBER

DATE	ACTIVllY	QlY	RATE	AMOUNT	
02 /18/2018	Nadars - Fire ant treatment for amenity			75.00	
02/19/2018	Home Depot • maintenance repair items			16.65	
02/28/2018	Wolfe Fencing - Vinyl fencing at second			200.00	

03/07/2018	(Hurricane Irma Damage)
Poolsure - bulk pool chemicals re.			
468.56	

Purchase Reimbursements

center	I ·32 · 5 7 2.· 5 S
for amenity center i9-
entrance to Amelia Concourse R

R P-
1·3 2 · 5 7 2-·

TOTAL DUE	$760.21

Pc	THANK YOU.
J · 32   · 5 71   · '-1 5  4
Y,

----

----- ------------- ------------------- - -----------------

760

IS YOUR HOME PROTECTED FROM TERMITES?
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Jacksonville Office 904-225-9425
PO Box 1330
Yulee, FL 32041-1330

Service Address:	85200 Amaryllis Ct, Fernandina Beach, FL 32034-9716		
02/08/18	30425168	Fire Ant Service	$75.00	$0.00	$75.00	

www.naderspestraiders.com
Customer Number: 1328696	Statement Date: 02/13/18 Payment Due Upon Receipt Date	Invoice#	Description		Amount	Tax	Balance

Current: $75.00	Past Due: $0.00	Total Amount Due: $7fi nn

463h::i  ST1HE  RO/\D 200
YIJLE:E.  1:1. ..  320!37   (9()'.I} :?25-w,qo
6921  00057  :;5202	02/19/18   07:02 PM
SELF CHfCK our

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6930:372992 t 74 AULi( GUN •:/p	2. 77 SMOOHt  H1) I) :AULi(  GUN  lO  OZ
o707:3iHB 11251	10 .1  <1\0•	2. 48
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0793,q064B7!53 UCPGULTM9  <A,.	6. 77
LOCTHE j)1)'1i':i GHAB UUIMI\TE 9 OZ 8874801331 W :.-H MET SCRtl "-1\>
SHEET MEr ::.) Fl. HD P\l ZINC ;¥10X3
3{ 1.1B	3. 54

SlJBTOT/\1._
SALES TM<

VISA

xxxx: x XX)(X {.{40:10 TOTAL AUTH  CODE  072:1   3'3/8!57127'1

15.56
1.09
$16.65
USD$ 16.65
TA

Chip P,aad
AID  AOOOOO, O J1)?! 1Jl O	,JJ4lM15345205649534
TVR 1)():3000:301)(,
IAD 06010A03Li(i2002
TSI F800 ARC 00
P.0.#/JOB 1 \Mf: AC

IIlllllllll!lll    llllllllllllllllllllillllllllllllIllIll
6321 57 ':.5:?02 02/Hl/2018 5901
RETIJl{N   ),:uev DEFINITION:,
PCtICY  (I)	DA'IS	POUCY E:{PIRE.S ON
A	1	90	0:i/20/2018                     THE HOME 1J1J· )f flESERVE3 THE RIGHT TO LIMtT  /  Dl:N\'  11ETURNS.  1:1U:I\SE  :3FF  mi=

,

'hvDLFE FENCING CD.

.

,.
11	....

:	l	.....
t

Professional Fence

JobProposal# 18- 	_

XOTES:-----------

Service & Installation

'

.. • -;l.

-:i .-:1 ... ,-· .

904-510-1347

Date:_,6,--.J6 /8 
Name: A/1£.JJ/i.LdJIXOIJ#S _cd)_D --	 	
Address:  	

-------------------·-•--·-• -·
-  ----  -···---- -----·-· --  ----------
------------------------

--- ---- -- --- --- - ----- -- .

---------.......·-·--- -------------

·- -···•-- -  -----

-

-

-     ---	-	-	-	-	-	-	-	-

Cost ...........................................$ 2t20o- o
Deposit    .......................................$ .             _     	

Balance Due	$ 	_

Payment Upon Acceptance of this Proposal is 50% Deposit, 50% due at time of Completion of Work All Material used sluill remain the property of Wolfe Fencing Company umil payment in full is received.
We accept all Major Credit Cards and includes a 3% processingfee.
Checks should be made payable to Wolfe Fencing Company.
Wolfe Fencing Company shall not be responsible for the removal nor relocation of any in-gro101d sprinkler systems.

CustomerSignaJure;. 	Date 	_

p	ools u
1707 Townhurst Dr.
Houston TX 77043 (800)858-POOL(7665)
www.poolsure.com

Invoice	Date

Tonns	Net 20	
Due Date	3/21/2018	
PO#		
Customer #	13AME150	

Invoice #

3/1/2018
131295576966

BIiiTo	ShipTo	
First Coast CMS, LLC Amelia Concourse
3821 Mlruelo Circle North Jacksonville FL 32217	Amelia Concourse 85200 Amayllls Court
Fernandina Beach FL 32034	
Item ID	Description	Qty	Units	Amount	
WM-CHEM-BASE
Fuel Surcharge	Water Management Seasonal Billing Rate Fuel/Envlronmental Transit Fee	1
1	ea ea	446.25
22.31	

season 1:11111ng s cneoure:
Summer - April through September monthly service Winter - October through Marchmonthly service

Total Amount Due

468.56
$468.56

Hopp in g	Green c..,. Sams
Al1orneysand Counselors

119 S. MonroeStreet, S ta. 300
P.O. Box 6526
TallehasseeF, L 32314
850.222.7600
================================	STATEMENT ==================	==== ===========
March 2, 2018

Amelia Concourse CommunityDevelopment District c/o District Manager
475 West Town Place,Suite 114
St. Augustine, FL 32092

Genera l Counsel
ACCDD	00001	JMW

BIii Number 98885 BIiied through 01/31/2018

FOR PROFESSIONAL SERVICES RENDERED
01/02/18	JMW		Review purchase and sale agreement;review trl-party agreement; confer with staff regardingspecial meeting.

0.80 hrs

01/03/18	JMW

01/05/18	JMW

01/12/18	JMW

01/15/18	JMW

01/16/18	JMW

01/18/18	JMW

01/25/18	JMW

01/25/18	AHJ

01/26/18	AHJ

Review draft meeting notice.

Confet with Merritt and Campbell regarding purchase and sale agreement approval; confer with staff regarding same.

Meeting preparation; review agenda packagematerials; conferencewith staff. Meeting preparation; review agenda package materials; conferencewith staff. Meeting preparation; travel to and attend regular board meeting; return travel. Meeting follow Up; review validationhistory and capacity Issues.
Coordinate trustee approval and SPE execution of purchase and sale agreement.

Prepare revisions to resolutionconfirmni g district's use of general election; confer with Hogge regc1rdin g same.

Finalize resolution regarding general election; confer with Hogge regarding same.

0.20 hrs

0.40 hrs

1.30 hrs

1.10 hrs

2.60 hrs

0.70 hrs

0.40 hrs

0.40 hrs

a.so hr s

Total feesfor this matter

DISBURSEMENTS
Travel
Travel - Meals

Total disbursements for this matter

$1,837.50

127 .62
24.00

$151.62

MATTER SUMMARY

Jaskolski, Amy H, - Paralegal	0.90 hrs	125  / hr	$112.50

Amelia Concourse CDD - General	Bill No. 98885	Page 2

Walters, Jason M.	7.50 hrs

TOTAL FEES TOTAL DISBURSEMENTS

TOTAL  CHARGES  FOR THIS MATTER

230  /hr	$1,725.00

$1,837.50
$151.62

$1,989.12

BILLING SUMMARY

Jaskolski, Amy H. - Paralegal	0.90	hrs	125	/hr	$112.50	
Walters, Jason M.	7.50	hrs	230	/hr	$1,725.00	
TOTAL FEES					$1,837.50	
TOTAL DISBURSEMENTS					$151.62	
TOTAL CHARGES FOR THIS BILL					$1,989.12	

Please include the bill number on vour check.

,	Martex  Services
L  A N D S C  A l'  t	M A N  /\  G t  M l: N  I

BILL TO

IN VOICE

PROPERTY

Dave DeDenagy
GMS
475 West Town Place Suite 114
St. Augusllne, FL 32092

Amelia Concourse CDD Amelia Concourse CDD Fernandina Beach, FL

r

* ih,■lIU,il,•H(
$18.59

!UiMM·,	

P/aase detach lop portion and return w/111 your paymen.t

 TY  1.!EM	UNIT PRICE
"	.,	.	EXT PRICE	, SALES TAX	LINE TOTAL	
#713 - February Irrigation	$18.59	$0.00	$18.59	
Inspection Repairs
Irrigation Inspection Repair	
$18.59	
$0,00	
$18.59	
Materials				
Total	$18.59	$0.00	$18.59	

...

POOL AREA

ZONE 3 - Replaced one broken 6" pop-up head and nozzle, located outside of the fence line of the play area, on the parking lot side.

ZONE 4 - Changed one 4" pop-up to a 6" pop -up, for better coverage, located outside of the fence line of the play area, on the street side.

I · 31 • 5 7J,· L-fuY

t AR 1 2 2018

'1)

141 7 Avery Road Fernandina Beach, FL 32034

http://www.martexlandscape.com

10459 Hunters Creek Court Jacksonville, Florida 32256

BY: ......................	..

Invoice

Date	Invoice#	
2/16/2018	802	

BillTo

Amelia Concourse CDD
Mr. Daniel Laughlin, Assistant District M Governmental Mangement Services, LLC 475 West Town Place, Suite 114
St. Augustine, FL 32092

J · 3 I · 5 13 ·CPO
80

Description	Qty	Rate	Amount	
Amelia Concourse CDD Reserve Study Invoice		2,600.00	2,600.00	

Phone#

904-303-3275

Total	$2,600.00
Payments/Credits	$0.00
Balance Due	$2,600.00

Invoice

		INVOICE DATE:	2/1/2018	
2100 NW 33rd Street	Pompano Beach, FL 33069	INVOICE NUMBER:	0000399841	
1-800-432-4302 - Fax (954) 977-7877	CUSTOMER NUMBER: 0070160
PO NUMBER:
PAYMENT TERMS: Net 30	

Amelia Concourse CDD
C/O Governmental Mgmt Services
475 W. Town Place #114
St Augustine, FL 32092

1· 32 · 57 2 · '-J4t
;.7

QTY ORD	ITEM DESCRIPTION	U/M	UNIT PRICE	EXT PRICE

1		Monthly Lake and Wetland Services - February

258.00	258.00

B'I:-	-	-	-	-

SALES TAX: (0.0%)	$0.00	
LESS PAYMENT:	$0.00	
TOTAL DUE:	$258.00	

A 1.5% FINANCE CHARGE JS ADDED TO BALANCES 31 OR MORE DAYS PAST DUE

PLEASE RETURN THIS PORTION WITH PAYMENT.
MAKE CHECKS PAYABLE TO: Aquatic Systems, Inc.
D	Address Changes (Note on Back of this Slip)
*Please include contact name and phone number*

Aquatic Systems, Inc. 2100 NW 33rd Street
Pompano Beach, FL 33069

DATE:	2/ 1 / 2018	
INVOICE NUMBER:	0000399841	
CUSTOMER NUMBER:	0070160	
TOTAL AMOUNT DUE:	$258.00	
('MOUNT PAID,	]

THANK  YOU FOR l'OUR BUSINESS!

03123118	I	734

l!!l'l

 	
'il)Tiiffl'-· ""•j,.
Net 30

04/22/18

Dave DeDenagy
GMS
475 West Town Place
Suite 114
St. Augustine, FL 32092

Amelia Concourse COD Amelia Concourse COD Fernandina Beach, FL

!NV OICE

Please detach top portion and return with your payment.
- - -----. ..-- --- ------ --- - --- ------ -- -- ---- - - - -- --- ..... --..- - ---- ---- -- -- -- - ---- --- -- -- - - - -- -- ----- - ---- - - -
[	 'ii\?lll4l'il'	!'!IJ[Jir'[ -i	U1aB	·m1:1.ilihli!.	mr	
#34   - Maintenance Contract	$709.95	$0.00	$709.95
Pine straw installation	$709.95	$0.00	$709.95
Total	$709.95	$0.00	$709.95

MAR 2 3 2018

BY: 	_

1417 Avery Road Fernandina Beach, FL 32034

http://www.martexlandscape.com

C.

Amelia Concourse Community Development District 475 West Town Place, Suite 114

Series 2007
Debt Service Paid	Series 2016
Debt Service Paid	

O&M PAID	

TOTAL PAID	
BALANCE DUE	

St. Augustine, FL 32092 FY18 O&M Receipts Summary

# UNITS	Series 2007
Debt Service ASMT	Series 2016
Debt Service ASMT	
FY18 O&M ASMT	

TOTAL			
DIRECT BILLS PYMNT PLAN (1)
AMELIA CONCOURSE SPE (1), (2)	
172	
(2)	
110,239.96	
110,239.96		
-	-	55,119.98	
55,119.98	
55,119.98	
NET REVENUE - DIRECT BILLS	172		110,239.96	110,239.96		-	-	55,119.98	55,119.98	55,119.98	

NET REVENUE TAX ROLL	286	116,683.10	246,100.52	183,305.44	546,089.05	120,799.45	254,784.45	189,772.07	565,355.97	(19,266.92)

TOTAL NET REVENUE 	458	116,683.10	246,100.52	293,545.40	656,329.01	120,799.45	244,892.05	620,475.95	35,853.06

TAX ROLL RECEIPTS

DATE	AMOUNT	DEBT 2016	DEBT 2007	O&M	

 
DISTR.

11/6/17	-	-	-	1
11/22/17	10,954.79	4,936.89	2,340.72	3,677.19	2	
12/8/17	178,135.35	80,278.49	38,062.26	59,794.60	3	
1/2/18	1,789.07	806.26	382.27	600.54	4	
1/11/18	-	-	-	-	5	
2/6/18	10,124.93	4,562.90	2,163.40	3,398.63	6	
3/9/18	14,079.96	6,345.28	3,008.47	4,726.21	7	
4/10/18	40,187.67	18,110.98	8,586.92	13,489.78	8	
4/12/18	310,082.20	139,741.66	66,255.41	104,085.14	9*	
	-	-	-	-		
	-	-	-	-		
	-	-	-	-		
	-	-	-	-		
	-	-	-	-		
TOTAL	565,353.97	254,782.45	120,799.44	189,772.09		

Undeveloped Land's assessments are due in installments of 50% due by 12/1, 25% due by 2/1, 25% due by 5/1.
Falls under Series 2007 Bond Debt has been accelerated due to non-payment of prior year(s) assessments
Falls under Series 2016 Bond Debt which is under Capitalized Interest until 5/1/18