Storey Park Community

Development District

Agenda

January 23, 2020

Storey Park

Community Development District

219

E. Livingston Street, Orlando, Florida 32801 Phone: 407-841-5524- Fax: 407-839-1526

January 16, 2020					
Board of Supervisors					
Storey Park Community					
Development District					
Dear Board Members:					
The					
meeting of the Board of Supervisors of Storey Park Community Development District will		
be held Thursday, January 23, 2020	at 4:00 PM at the Offices of GMS-CF, 219	E. Livingston		
Street, Orlando, Florida.	Following is the advance agenda for the meeting:			

1.

2.

Roll Call

Public Comment Period

3.

4.

5.

6.

7.

8.
9.

Approval of	Minutes of the October 24, 2019	Meeting				
							
Consideration	of  Parking  and  Towing  Enforcement  Agreement  with	Storey  Park		
Community Association, Inc.					
Consideration	of Agreement with Towing	Company Related to	Parking	Enforcement		
(Under Separate Cover)					
Consideration of Addendum to Landscape Maintenance Agreement with Down to Earth		
Landscape & Irrigation					
Consideration of  Non-Ad  Valorem Assessment  Administration	Agreement with  the		
Orange County Property Appraiser					
Consideration of Series 2019 Requisition #2					
Staff Reports							
A.	Attorney					
B.	Engineer					
C.	District Manager's Report					
	i.		Approval of Check Register					

11.	Balance Sheet and Income Statement		
	Presentation of Arbitrage Rebate Calculation		
lll.			

10.	Supervisor's Requests
11.	Adjournment

Agreement

The	second	order  of	business  is	the  Public  Comment  Period		
opportunity					
	to be heard	on			
and	any other items.		propositions coming before the Board		

where the public as reflected on the

has an agenda,

The third order of business is the Supervisors meeting. The minutes

approval of the minutes of are enclosed for your review.

the

October 24,

2019

Board of

The fourth order of business is the consideration of with the Storey Park Community Association, Inc. review.

parking and A copy of the

towing enforcement agreement agreement is enclosed for your

The fifth order of business company related to parking under separate cover.

is the consideration of agreement enforcement in the community. This

with the proposed towing agreement will be provided

The sixth order of business is the consideration of					landscape	maintenance		
agreement  with  Down  to  Earth  Landscape  &	addendum to the				
	Irrigation  adding	maintenance  areas  and		
extending the	term of services.	A copy of the future maintenance	areas being	added to the		
agreement is enclosed for your review.										
The	seventh  order  of  business  is  the  consideration  of  the	non-ad  valorem  assessment		
administration		agreement  with	the  Orange  County	Property	Appraiser.	A  copy  of  the		
									
agreement is enclosed for your review.						
										
The eighth order of business is the consideration of the Series 2019 Requisition #2. A copy of the		
Requisition is enclosed for your review.										
The	ninth order of business is Staff Reports. Section C is	the District	Manager's	Report. Sub-		
Section 1 includes the check register being submitted for	approval and Sub-Section 2 includes		
the balance sheet and income statement for your	review.			
		Section 3 is	the presentation of the		
arbitrage rebate	calculation report for the Series 2015 bonds.  A copy of the report is enclosed for		
your review.				

The balance of the agenda will be discussed have any questions, please contact me.

at

the meeting.

In

the

meantime,

if

you

should

Sincerely,

(1__~y-1'---

George S. Flint
District Manager

CC:

Jan Carpenter, District Counsel

Christina Baxter, District Engineer

Enclosures

MINUTES OF MEETING

STOREY PARK

COMMUNITY DEVELOPMENT DISTRICT

The Regular meeting of the Board of Supervisors of the Storey Development District was held on Thursday, October 24, 2019 at 4:00 p.m. GMS-CF, LLC, 135 W. Central Blvd, Suite 320, Orlando, Florida.

Present and constituting a quorum were:

Rob Bonin	Chairman

Susan Kane	Assistant Secretary

Ben Kraljev	Assistant Secretary

Also present were:

Park  Community at the Offices of

George Flint	District Manager

Andrew d' Adesky	District Counsel

Alan Scheerer	Field Manager

Michelle Barr	Lennar

Tricia Adams	GMS

FIRST

ORDER

OF

BUSINESS

Roll Call

Mr. Flint called the meeting to order and called the roll.

A

quorum

was

present.

SECOND ORDER OF BUSINESS	Public Comment Period	
There being none, the next item followed.		

THIRD

ORDER

OF

BUSINESS

Approval of Minutes 2019 Meeting

of

the  August  22,

any

Mr. Flint: We have the minutes from the August 22, 2019 meeting. Does the Board have

additions, deletions or corrections?

Mr. Kraljev: I have no corrections.

Mr. Flint: If not, we need a motion to approve.

On MOTION by Ms. Kane seconded by Mr. Kraljev with all in favor the Minutes of the August 22, 2019 Meeting were approved as presented.

October 24, 2019

Storey Park

CDD

FOURTH ORDER OF BUSINESS	Consideration of Agreement with Grau &		
			
	Associates  to  Provide  Auditing  Services		
	for Fiscal Year 2019		

Mr. Flint: The Board Associates. Their fee is a not-what was budgeted. If there are

bid  out  independent  auditing  services  and to-exceed of $6,100 which is consistent with no questions, we need a motion to approve the

selected Grau & what they bid and agreement.

On MOTION by Mr. Kraljev seconded by Ms. favor the Agreement with Grau & Associates to services for Fiscal Year 2019 in an amount not-was approved.

Kane with all in provide auditing to-exceed $6,100

FIFTH ORDER OF BUSINESS	Consideration	of  Aquatic  Maintenance		
				
	Agreement with Applied Aquatic Inc.		

Mr.

Flint: Is this for the retention ponds?

Mr.	Scheerer:  Yes, these are the four  retention ponds that Applied Aquatic has	
maintaining all this time. This contract is for October 1,	2019 through September 30, 2020.	
answer any questions that you have. There is no change in the cost.	
Mr.	Bonin: Is this just a renewal from last year?		
Mr.	Flint: Yes, they kept the price the same.		
Mr.	Bonin: Are there any issues?		
Mr.	Scheerer: Not with those ponds.		

On MOTION by Mr.  Bonin seconded  by Ms.  Kane with  all in

favor the Aquatic Maintenance Agreement with Applied Aquatic

Inc. was approved.

been I can

SIXTH ORDER OF BUSINESS

A.	Consideration	of

Towing Rules

Public Hearing

Resolution	2020-01	Adopting	Proposed	Parking	and

Mr.

Flint:	Resolution	2020-01	adopts	the	Parking	and	Towing	Rules.	The	Board

previously approved a preliminary set of Parking and Towing Rules and advertise the public hearing for today. Two notices were run in the newspaper the statutory requirements. The rule is attached to the resolution and there are to the rule as an appendix, to allow the District to enforce the parking rules and ultimately, if necessary, tow vehicles. We will go ahead and open the

authorized staff to in accordance with also maps attached within the District public hearing. No

2

October 24, 2019	Storey Park CDD	

members are present to provide comments, so we will and consideration of the resolution.

Mr. Bonin: Michelle, are there any issues?

bring

it back to

the

Board for discussion

Ms. Barr: I would say definitely approve it because of the concern about parking. Like	
George  was  saying  earlier,  parking  everywhere  and  anywhere  is  a  madhouse.  Vehicles  are	
blocking fire hydrants, access points, alleyways, everything.	
Mr.	Bonin: Is it just anywhere and everywhere for no rhyme or reason?	
Mr.	Flint: They are parking in the wrong direction and in alleys.	
Ms. Barr: So there are areas they can park and can't park in. There will be signs where	
they can't park.	
Mr.	Kraljev: They are clearly designated for us. Alan spent a lot of time doing some	
research  and  legwork,  putting  that  plan  together  until  it  was  approved,  so  now  we  have	
something that we can share with the HOA and with members. so they know where they are	
supposed to be parking.	

Mr.

Mr.

Bonin: The

Flint: Yes.

agenda had a map, right?

Mr.	Kraljev: Yes, so my question to Michelle is whether or not there is enough time to	
notify the HOA for enforcement or is there going to be a grace period?	
Mr.	Flint: We are going to hold off. We need to get the signs upgraded first. We will have	
a grace period where we issue warnings rather than tow. We are not towing immediately.	
Mr.	Bonin: Does that need to be set forth in the plan?	
Mr.	Flint: No. I think we will administratively do that.	
Mr.	d' Adesky: We noted in the rule that we can issue warnings prior to issuing tickets so	
that's covered. We don't need to detail what the language of the warning is.	
Mr. Flint: The good thing is that we met with OPD before this meeting and they seemed	
very cooperative.  We are cautiously optimistic that they will help us with some of this. They	
indicated that they can have Community Service Officers come out to spend some time helping	
us with enforcement and educating people.	
	On MOTION by Mr. Bonin seconded by Mr. Kraljev: with all in	
	favor Resolution 2020-01 Adopting Proposed Parking and Towing	
	Rules was adopted.	

3

October 24, 2019

Storey

Park

CDD

Mr.

Flint: We will close the public hearing.

SEVENTH ORDER OF BUSINESS	Consideration	of	Proposals   (2)   from		
						
		Fausnight Stripe & Line to	Replace and		
		Install   Various	Signage	-	Language		
		Modified							
Mr.	Flint: There are two agreements with Fausnight Stripe & Line (Fausnight). One is		
related to the parking. Alan investigated and the current parking signage is not adequate, we		
believe,  to  enforce the  Towing  and  Parking Policy that was just adopted.  With the  current		
signage you may have a sign halfway down the street and instead of	it being parallel to the road,		
it has two arrows pointing at the house across the street. So in every area where there is no		
parking, at one end of the street every 150 feet, there would be a sign with arrows going in both		
directions to delineate where the no parking areas are. The price that we received from Fausnight		
is $24,130. In Phase 1, there are 83 signs, 29 signs in Phase 3 and 15		signs in Phase 4, for a total		
of 127 signs.								
Mr.	Kraljev: The preliminary plans identify the parking areas	so	we simply overlaid that		
to what the civil engineers identified with additional signage.							
Ms.	Barr: So everything in yellow is no parking.							
Mr.	Kraljev: That's correct.								
Mr.	Flint:  We would like to get another price and revisit the signage one more time.		
There is one area that we are unsure of.								
Mr.	Scheerer: I'm not sure whether we need to include signage in Parcel	L,	Phase 1 at		
this point in time.								
Mr.	Kraljev: You can probably defer Parcels	LI and L2.							
Mr.	Scheerer: Ifwe do, that will reduce the number of signs from	83 to 28. That takes the		
Phase 1 cost down to $5,320, Phase 2 down to $5,510 and Phase 4 down to $2,580, for a grand		
total of $13,680. This was the bigger ticket item.								
Mr.	Flint: It reduces the number of signs significantly.							
Mr.	Scheerer: It's at least a $9,000 reduction.								
Mr.	d' Adesky: Do you want to set a not-to-exceed and then go	out and seek proposals?		
Mr.	Flint: Yes. If the Board would set a not-to-exceed, we could get a separate quote and		
then we don't have to come back again for approval. What's the amount?					
Mr.	Scheerer: I totaled it based on the $190 per sign and it is $13,680.				

4

October 24, 2019	Storey Park COD		

Mr.

proceed.

Mr.

Mr.

Flint: If the Board approves a

Bonin: Sure.

Flint: Then we need a motion

not-to-exceed

to that effect.

of

$15,000, we will get a second bid and

On MOTION by  Mr.  Bonin seconded  by Ms.  Kane	with all  in	
favor the Proposal from Fausnight Stripe & Line to replace and	
install various signage in Phases 1, Phase 2 and Phase 4	in a not-to-	
exceed amount of $13,680 was approved.		

Mr. Kraljev: So we will do Phase L 1 and L2 in the next round?

Mr.  Scheerer:  Yes,  when we go through the approval portion

of

the  signage and the

roadways.

Mr. Kraljev: Then we will do L3 and L4 and that will be it.

Mr.  Flint:  The  other  agreement  you  have  in your  agenda  from  Fausnight relates  to

existing signage, replacing missing signs and striping. Ben, I think you went through it.

Mr. Kraljev: Alan and I have both been through it. I happened to speak to Mark on it and

the recommendation is that Lennar would pick up what is missing, which is the $8,750, plus

$950 for the pavement markings; with $1,900 being funded by the CDD and Lennar paying

$9,000.

Mr. Flint: That sounds good to me. We need a motion to approve the Fausnight proposal,

less the portions that Lennar agreed to fund, which cover the missing signs and striping.

On MOTION by Ms. Kane seconded by Mr. Kraljev with all in favor the Proposal from Fausnight Stripe & Line to replace missing signs and striping with the CDD paying $1,900 and Lennar paying $9,000 was approved.

EIGHTH ORDER OF BUSINESS

A.	Attorney

Staff Reports

Mr. d' Adesky: The City contracted the boundaries of the District by passing Resolution 2019-50. We had George execute it. Usually, we send an amended Notice of Establishment through the court showing the amended boundary of the District. After speaking with the President of Lennar, we are also going to record a Notice of Contraction for Parcels D and F, to show that those are clearly removed from the District. So we just want an approval to record

5

October

24,

2019

Storey

Park

CDD

those and then we

won't

have to bring them back to ratify them.  Usually  we just file them,

George signs them and we bring it back for ratification, but since we are doing it today,		
wanted to get that approval.			
On MOTION by  Mr.  Bonin seconded by Ms.  Kane	with all  in		
favor	authorization  for  staff to  provide  the  amended	Notice  of		
				
Establishment, amending the boundaries of the District to the court		
and recording the Notice of Contraction for Parcels D and F was		
approved.			

I

just

Mr.  d' Adesky:  I  worked with Ben and the  District Engineer to  clear up plat issues.

Hopefully we have everything corrected. We are going to get the language for issues we were

running into. Secondly, Brian Cipollone, Director of Land Acquisition, contacted me regarding

Parcel K. He wanted me to email a memo to him and Daniel H. regarding whether or not to

expand the District or form a new one, so I gave him an analysis on that with some of the pros

and cons.

Mr. Kraljev: Where do you think this will go?

Mr. d'Adesky: The pro is you get more time. You get at least four years more if you are

forming a new CDD, based on when this one was formed. Because it was formed in 2015, the

turnover is actually in 2022, not 2020, so we have some time. You would lose effective control

of this District in 2024, so if you are not going to be completely done and happy with where you

are in 2024, you might just want to form a new CDD. The costs are about the same in terms of

overall filing fees, time and need.

The unit count seems sufficient.

That's

all I have.

B.	Engineer

There being none, the next item followed.

C.

District Manager's Report

i.	Approval of Check Register

Mr. Flint: You have the Check Register in your agenda package for the General Fund for August 16, 2019 through October 17, 2019 totaling $97,311.81. Are there any questions? If not, I would ask for a motion for approval.

On MOTION by Mr. Bonin seconded by Mr. Kraljev with all in favor the Check Register was approved.

6

October 24, 2019	Storey Park CDD		

ii.

Balance Sheet and Income Statement

If

Mr.

you have

Flint: We also have the Unaudited Financial Statements through September 30, 2019.

any questions we can discuss those, otherwise no action is required.

NINTH ORDER OF BUSINESS	Supervisor's Request	
Mr. Flint: Are there any other items that the Board wants to discuss that were not on the	
agenda? Are there any Supervisor requests?		
Mr. Bonin: Are we prepared to discuss the additional ponds and aquatics?	
Mr. Scheerer: The Board granted you the authority to approve the original agreements.	
Mr. Bonin: There's no further action beyond that?	
Mr. Scheerer: I brought a copy of the map showing the ponds in green and the agreement,	
so when you are ready to execute it, we will go ahead and start the process.	
Mr. Bonin: I will get with you on that.		
Mr. Flint: We can ratify it, but no action is required.	

Mr.

Mr.

Bonin: Okay.

Flint: If there is no further business, we need a motion to adjourn.

TENTH

ORDER

OF

BUSINESS

Adjournment

On MOTION by favor the meeting

Mr. was

Bonin seconded adjourned.

by  Ms.  Kane with  all  in

Secretary / Assistant Secretary	Chairman / Vice Chairman	

7

SECT-ION

IV

PARKING AND TOWING ENFORCEMENT AGREEMENT			
		(Storey Park)			
TIDS   PARKING   AND   TOWING	ENFORCEMENT   AGREEMENT	(this		
"Agreement") is  effective as of the 24th day of October, 2019, by and  between STOREY		
PARK  COMMUNITY  DEVELOPMENT	DISTRICT,  a  local  unit  of  special  purpose		
government  established					
	pursuant  to  Chapter  190,  Florida  Statutes,  located  in  the  City  of		
Orlando,  Florida (the "District"),  and	STOREY  PARK COMMUNJTY ASSOCIATION,		
INC. a Florida not-for-profit corporation (the "HOA").			
		RECITALS			
WHEREAS,  the  District  is  a	local  unit	of special  purpose  goverrunent  created  in		
accordan~e with the Uniform  Community					
Florida Statutes, as amended.	Development District Act  of 1980,  Chapter  190,		
						
WHEREAS, the HOA is the homeowner's association responsible for enforcement of		
certain covenants, restrictions and conditions within the Storey Park development; and			

WHEREAS; the District owns certain real property		
(collectively,  the	"District Propertyi'},	a map  of which		
				
herein as "Exhibit A"; and			

within the Storey Park development is attached hereto and .1ncorporated

WHEREAS, the District has, as authorized	by Chapter 190, Florida	
certain  rules  and  policies  relating  to.  parking  and	towing  ("Parking  and	
pursuant to Resolution 2020-01, approved after a public hearing conducted on	
attached hereto and		
incorporated herein as Exhibit "B"; and	

Statutes, adopted Towing  Rules") October 24, 2019,

WHEREAS,

Parking and Towing

the District's residents and guests benefit from the enforcement Rules within the District.

of

the

WHEREAS,  the  District  desires  the  benefit  from the  enforcement  of the District's	
Parking and Towing Rules as set-forth in this Agreement, and the HOA is willing to provide such	
enforcement of the	District's Parking and Towing Rules directly or through an authorized sub-	
operator pursuant to the terms and conditions set forth in this Agreement.	

each to receipt mutual

NOW, THEREFORE, in consideration of the swn of	One and 00/100 Dollars ($1.00),		
the other paid and other valuable	considerations paid	by	each party to the other, the		
and sufficiency of which is hereby acknowledged, and in	furth.er consideration of the		
covenants and conditions			l:lS follows:		
contained herein, the parties agree			

1.
this reference

Incorporation	of Recitals. The recitals stated above are true and correct and by	
are		
incorporated herein as a material part of this Agreement.	

Parking and Towing Enforcement Agreement (2019)
Storey Park Community Development District
Page 1 of 11

2.	Term of Agreement.  This Agreement sha:11 be for an initial term beginning on		
October 24,	2019  and ending  on September 31,  2022.	At the ehd of this  initial term,  the		
Agreement .shall be extended	of three (3) years; all other conditions		
and	automatically for a period			
provisions of the Agreement shall remain the same.	Additional extensions shall be at the		
option of the District.			

3.	Acceptance  of Parking and Towing Enforcement Res ponsibility.   The  District
her~by retains the l:IOA	to render the enforcement of Parking and Towing Rules herein stated in		
accordance with the standards set forth .herein, and the										
					HOAhereby accepts such duties and shall		
discharge such duties. all	in accordance with the terms and	conditions set forth in this Agreement.		
The HOA shall take no actions						
												
			inconsistent with Florida law, rules and regulations, pertaining to		
the District, including, but not limited to, public acc·ess requirements.							
4.	Specific	Authority.   The District	hereby  grants	to  the	HOA	the	power	and		
authority  to provide,  eHher  directly  or through	a  sub-			District's	Parking	and		
Towing Rules, which shall include, but is not limited to,	coperator(s),  the					
	surveillance, monitoring and patrolling		
of, the District Property.						
													
5..	Delegation.  The HOA may retain a sub-										
					operator(s), such as a professional towing		
company or other qualified operator, including, without				of the HOA, to		
perform some or					limitation, an affiHate			
	all of its. duties with respect to the District Property and may	delegate to such		
sub-			all of its authorities and duties hereunder, so long a:s all of	the tertns of		
operator(s) some or				
this Agreem~nt are										and any		
		incorpoxated into the terms of any such agreement between the HOA			
sub-operator(s) (as applicable, the	"Sub-								HOA to		
require  that	any			Operator").  It shall be the responsibility of the			
		Sub~Operator  has  the  ability  to,  and  has  in	fact  agreed  to,  assume  the		
					
responsibilities  of the  HOA under this Agreement.   Should the	HOA	elect to  retain	a  Sub-		
Operator in accordance with this	Agreement; and should such Sub-Operator assume all of the		
obligations and duties of the HOA hereunder, then arty reference, where applicable, to the HOA		
in this Agreement shall automatically refer to the Sub-Operator. Any towing operator contracted		
hereunder shall comply with all authorization, notice and procedQral requirements contained in		
Section 715.07, Florida Statutes.	Further, selection of	the towing opel'.afor must be from the		
c;1pproved list of towii;tg operators maintained by the City .of Orhmdo, or other local government		
having.jurisdiction over the District property.											

6,	No Compensation.  The District and HOA acknowledge that both parties		
from  the	enforcement  of  Parking  and  Towing	Enforcement.  Therefore,  there  shall		
				
compensation			
			
	here.under for the Servkes ( as defined below) provided by the HOA		

benefit be no

7.	Services  Prov1ded  by  the  HOA..	The  HOA,  individually  or  through  a  Sub-	
Operator shall, in accordance with this Agreement, ensure that the District Property are provided	
with  the  Parking  and  Towing  enforcement	("Services"),  in  accordance  with  the  District's	
parking and towing rules, as adopted by Resolution 2020-01 and as may be amended from time	
to time .				

.8.	Employees~Independent HOA Status.	
supervision, compensation, promotion and discharge	

All matters pertaining to the employment, of any employees of entities retained by the

Parking and Towing Enforcement Agreement (2019)
Storey Park Community Development District
Pagel ofll

2

HOA, including the Sub-Operator, are the sole	responsibility of such entities retained by the.		
HOA.   Any  entity  retained  by  the  HOA  shall  fully  comply with  all  applicable  acts  and		
regulations  having  to	do  with  workman's  compensation,  social  security,  unemployment		
insurance,  hours  of labor,  wages,  working  condjtions  and other  employer-employee  related		
subjects.	In performing any	Services, the HOA shall be an independent contractor and not an		
employee	of the District, and arty Sub-				
Services shall only have			Operator(s) or entity retained by the HOA to perform the		
	contractual privity with the.	HOA and shall not be an employee or an		
independent	contractor of the District.	It is further	acknowledged that nothing herein shall be		
						
deemed. to create or establish a					
					
The B:OA	has no		partnership or joint venture betwe·en the District and the HOA.		
		authority to enter into any contracts. or agreements, whether oral or written, on		
behalf of the District.							

9.

Insurance.

(a)	In the event the HOA undertakes to directly provide the SerYices to the District, the HOA shall obtain and keep in force at HOA 's expense all of the insurance policies. listed below. All insurance shall be issued by companies authorized to do business under the
laws of the State	of Florida, and must be reasonably acceptable to the District.	The HOA shall		
furnish certificates  of insurance to the District prior to  the  commencement	of the  Services,		
naming the District as an additional insured, and the HOA shall maintain such certificates in full		
force and effect.	Each					
	certificate shall clearly indicate that the HOA has obtained insurance of		
the type, amount and classification as required for strict compliance with this paragraph, and		
there shall be no material  change or	cancellation of any insurance policy without thirty (30)		
days' prior written notice to the District.	Insurance coverages shall be as follows:		

(i)

(ii)

(iii)

Worker's  Compensation:		The  HOA  shall  provide  worker's		
compensation coverage for  all  employees and  require  any  Sub-		
Operator to provide the same to its employees.  The limits ~hall be		
the statutory li:mits for worker's compensation and $1;000,000 for		
employer's liability.				
Comprehensive	General  Liability:The  HOA  shall  provide		
			
coverage  for   all  operations   including,   but  not  limited   to,		
Contractual,  Products  and  complete  Operations  and  Persona:!		
Injury, in an amount of at least $1,000,000 combined single limit.		
Other Insurance:  The HOA agrees to acquire and maintain such		
other  ins1,trance	as  may	be	reasonably  required  by  the  District		
during the term					
	of this Agreement.		

In the event the HOA elects to retain a Sub-Operator(s) to perform its duties under this		
Agreement, the HOA shall be relieved from	complying with the specific insµrance requirements		
set forth in this				
	however, the HOA shall be		
paragraph 9;			
		responsible for assuring that arty and all		
Sub-Operators carry insurance in the minimum amount set forth in this paragraph 10 and comply		
with all other requirements of this paragraph.			

Parking and Towing Enforcement Agreement (20 I 9)
Storey Park Community Development District
Page 3 ofll

3

	(b)	The	District shall  be named as an additional  insured	under any	and all		
policies required under this Agreement,  whether such insurance	policies  are  acquired	by  the		
HOA or a Sub-Operator.  Ac.ceptance by the District of a.ny evidence of insurance submitted by		
the HOA does not relieve	or decrease in any manner the liability of the HOA	fat perfortrtance of		
the Services in															
	accordance with the terms and conditions hereof.							
	(c)	The	District	hereby agrees to maintain an	insurance policy insuring against		
									
comprehensive general liability with coverage limits as				
	permitted	by Florida	iaw	throughout the		
term of this Agreement.											
													
10.	Licenses,	Transfers;		The HOA or the Sub-Operator, as the case may be, shall, at		
its own expense, secure all											
					required permits, licenses and/or.							
perform the		All					authorizations as are necessary to		
			licenses will be obtained in the name of the HOA,	if possible.	In the		
	Services.						
.event the HOA is in default under this Agreement and/or thi.s	Agreement is terminated by the		
District, the HOA	agrees that it will transfer (to the				
									
or other governmental						maximum extent permitted by law, ordinance		
	regulation), at the District's expense, all	permits and lic.enses which may		
						
be held by the HOA as are necessary to provide the Services, to the District or, at the District's		
sole		District's nominee.									
option, to the										
11.	Termination,  This Agreement ca.n	be termin.a.te;:d by either party, with or without		
just cause, upon sixty (60) <lays' prior written notice to the other party.  This Agreement may be		
terminated by the	District upon a material breach	of this							
is not cured within ten (10) days after-receipt of		Agreement by the HOA, wbich breach		
							written notice ·thereof from the District.			
12.	Notices.		Any  notice	required  or	permitted  to  be  given  by	the	terms  of this		
Agreement or un<ler any app}jcable law by either party shall be in writing and	shall be	either		
hand delivered or	s.ent	by	certified or registered mail, postage prepaid, return receipt reqµested.		
Such							
				be addressed to:									
written notice· shall										

District:

and a copy to:

Governmental Management Services, L.L.C..	
RE:	Storey Park Community Development District	
219	E. Livingston Street	
Orlando, FL 32801	
Attention:  District Manager	
Latham, Luna, Eden & Beaudine.	
111	N. Magnolia Ave, Suite 1400	
Orlando, Florida  32801	
Attention:  District Counsel	

HOA:	Sto.rey Park	
	Community Association, Inc.	
	5540 State Road 64, East, Suite 220	
	Bradenton, Florida 34208	
	Attention: Association Manager	
Parking and Towing Enfqrcement Agreeme.nt (2019)	
Storey Park Conimunjfy Development District	
Page4 ofll		

4

and a copy to:	Lennar Homes, LLC

6750 Forum Drive, Suite 310

Orlando, Florida 32821

Attention: Land Department

13.	Indemnification.  Except for matters specified in Section 15, the HOA agrees to		
			
indemnify,  save  harmless  and  defend  the  District,  their  officers,  directors,	boarcl  members,		
employees,  agents  and  assigns,  from  and  against  any  and	all  liabilities,  claims,  penalties,		
forfeitures, suits, legal or administrative proceedings, demands, fines, punitive damages, losses,		
liabilities and interests, and any and all costs and expenses incident thereto (including costs of		
defense, .settlement  and  reasonable attorneys'  fees,  which  shall  include  fees  incurred in  any		
a<iministrative,  judicial  or  appellate proceeding)  which the  District,  their  officers,  directors,		
board members, employees, agents and assigns, may hereafter incur, become responsible for or		
pay out to	the  extent arising  out of (i)  the HOA' s breach	of any term	or	provision of this		
Agreement, or (ii) any negligent or intentional act or omission	of the 1-IOA,	its agents, employees		
or subcontractors, in the performance of this Agreement.					
14.	Compliance with All Laws. Regulations, Rules and Policies.	Notwithstanding		
any reference made in arty paragraph within this section, the provisions of this se.ction and th.e		
duties  and  obligations  set  forth herein  shall  apply  equally  to  both the	HOA  and  any  Sub-		
Operator(s) the HOA may retain to provide the Services.					

(a)	At all times, the HOA is expected to operate in accordance with all applicable statutes, regulations, ordinances and orders, as well as the rules and policies of the District, including, but not limited to, the authorization, notice and procedural requirements of

Section 715.07, Florida Statutes, and the Parking and Towing Rules, a copy of which is attached hereto as Exhibit "B", as may be amended from time to time,

(b)	the HOA hereby covenants and agrees. to comply with all the mies, ordinances and regulations of governmental authorities wherein the District Property are located,
at the HOA's soie cost and expense, and the HOA will take st,Jch action as may be necessary to		
comply with any and all notices, orders or other requirements affecting the Services as may be		
issued  by	any	gove1nmental  agency  having jurisdiction  oYer  the  HOA,  unless  specifically		
instructed				
	by the  District  or  the  District  Manager  that  it  intends  to  contest  such  orders  or		
requirements  and that  the  HOA  shall  not  comply  with the  same.   The  HOA  shall  provide		
immediate notice to the District Manager, which shall in turn notify the District within two (2)		
business days, of any such orders or requirements upon receipt ofsame.		

(c)

accordance  with

Florida Statutes.

the The

The  District  is  a  local  unit  of special purpose  government  created  in Uniform  Community  Development  District  Act  of 1980,  Chapter  190, HOA agrees to comply with all applicable requirements of the "Sunshine

Parking and Towing Enforcement Agreement (2019)
Storey Park Community Oevelopment District
Page 5 ofll

5

Law," the "Public Records Law.'' the Community Development Districts Law, and statutes and regulations applicable to the HOA.

all

other

(d)	The HOA shall prolt\ptly comply with all environmental statutes, rules,
laws, regulations and	notices and shall not keep or	_	any flammable,  polluting, or		
			accumulate			
hazardous  materials  or  substauces  on  the  District Property  except in  quantities  reasonably		
necessary to carry out its duties under this					
		Agreement.  The HOA shall hold the District harmless		
from any fines, penalties, costs and damages resulting from the	HOA's failure to do so.	The		
HOA shall immediately					
					
the same		discontinue any activity which is in violation of l&w and shall remedy		
	immediately; the HOA shall be responsible	for the payment of any associated fines or		
penalties.				

(e)	The  HOA  shall  bear  all  costs  associated  with  compliance  under		
Americans with Disabilities Act or any other such state or federal  legislation related  to		
performance of the	Services; provided, however, that the District shall be solely responsible		
such			
			
compliance in respect of the improvements constituting the DistrictProperty.		

the

its

for

15.

Ownership

of

Books and Records

&

Public Records.

(a)	HOA understands and agrees that all	documents of any kind relating to this		
Agreement may be public recorcls and, accordingly, HOA agrees to comply with all applicable		
provisions of Florida: public			
		records law, including but hot		
119, Florida Statutes.		limited to the provisions of Chapter		
	HOA acknowledges. and agrees that the public records custodian of the		
District is ·the District	Manager, which is currently GMS -	Central Florida (the "Public Records		
Custodian").  HOA shall, to the extent applicable. by law:			

(b)

Keep

and maintain public records

requited

by

District to perform services.

(c)	Upon request by District, provide District with the requested public records or allow the records to be inspected or copied within a reasonable time at a cost that does not exceed the cost provided in Chapter 119, Florida Statutes;

(d)		Ensure that public records which are	exempt or confidential, artd exempt		
					
from public re.cords disclosure			
			
			requirements, are not disclosed		
the duration of the	Agreement term and following the	except as authorized by law fot		
				
			Agreement term if the HOA does not		
transfer the records to the Public Records			
			Custodian of the District; and		
(e)		Upon			
			completion of the Agreement, transfer to District, at no cost,  all		
public records in Disttict's possession or, alternatively, keep,.		
requirements for retaining public	maintain and. meet all applicable		
			records 'pursuant to Florida laws.		
IF  HOA  HAS  QUESTIONS  REGARDING  THE  APPLICATION  OF		
CHAPTER  119,	FLORIDA  STATUTES,  TO	THE- BOA'S  DUTY  TO		
					
PROVIDE  PUBLIC	RECORDS  RELATING			
		TO  Tms  AGREEMENT,		
CONTACT THE				
				
		DISTRICT'S CUSTODIAN OF PUBLIC RECORDS AT		

Parking and Towing Enforcement Agreement (2019)
Storey Park Community Development District
Page 6 ofll

6

(407)  841-5524,  OR	BY	
REGULAR  MAIL	AT	
FLORIDA 32801, ATTN:	

EMAIL  AT	GFLINT@)GMSCFL.COM  OR  BY		
			
219  E.  LIVINGSTON  STREET,  ORLANDO,		
DISTRICT PUBLIC RECORDS CUSTODIAN.		

16.	Maintenance	of District  Property.	The  District  shall  be  responsible  for  the		
maintenance	of all District Property.	However, the HOA or Sub-Operator shall be responsible		
for  any  and  all  installation  and  maintenance	of	equipment,  tools,  communication  devices,		
monitoring devices  or other  items					
	as  deemed  necessary or desirable  for  the  HOA  or  Sub~		
Operator to provide the Services contemplated	hereunder.	In addition, the HOA or the Sub-		
Operator shall maintain a current						
	inventory of all items or assets owned by the HOA or the Sub-		
Operator which are	installed, placed or stored	on	District Property, but these items and assets		
shall at all times remain the property of the HOA or the Sub-Operator, as the case may be.		
17.	Sovereign Immunity.  Nothing herein shall cause or be construed as a waiver of		
the · District's immunity or	limitations on liability granted pursuant to section 768.28, Florida		
Statutes, or other law, and nothingin this Agreement shall inure to the benefit of any third party		
for the purpose of allowing any claim which could otherwise be barred under the Doctrine of		
Sovereign Immunity or by operation of law.					

18.	Third Party Beneficiaries. The Services provided under this Agreement are solely for the benefit of the District and neither this Agreement nor any Services rendered hereunder shall give rise to or shall be deemed to or construed so as to confer any rights on any other party as a third party beneficiary or otherwise, including any owners of property within the District.

19.	Governing  Law  and  Jurisdiction.   This  Agreement  shall  be  interpreted  and		
enforced un.der the laws of the State of Florida.  Any litigation arising under this Agreement shall		
be venued in the Circuit Court of Orange County, Florida.	THE PARTIES WAIVE TRIAL		
BY  JURY  AND  AGREE  TO  SUBMIT  TO  THE  PERSONAL  JURISDICTION  AND		
VENUE OF A COURT IN ORANGE COUNTY, FLORIDA.		
20.	No Waiver.  No failure by either party to insist upon the strict performance of any		
covenant, duty, agreement or condition	of this			
upon a breach thereof shall	constitute	Agreement or to exercise any right or remedy		
		a waiver of any such breach or of such or any other		
covenant, agreement, term or	Any party hereto,	by written notice executed by such		
		condition.				
party, may, but shall be under no		of its rights or any conditions to its		
		obligation to, waive any			
obligations hereunder, or any-duty,				
		obligation. or covenant of any other party hereto,  No waiver		
shall affect or alter this Agreement, but .each and every covenant, agreement, term and condition		
of this						
Agreement shall continue in full force and effect with respect to any other then-existing or		
subsequent breach thereof.					
21.	Miscellaneous.					

and reference Agreement, or

(a)	The captions for each paragraph of this only and in no way define. describe, extend or
the intent ofany provision hereof.

Agreement are for convenience limit the scope or intent of this

Parking and Towing Enforcement Agreement (2019)	7	
Storey Park Community Development District		
Page 7 ofll		

(b)	Except as set forth herein, the HOA may not assign this Agreement or any		
of the rights and duties expressed herein except with the District Manager's prior written consent,		
which  consent  shall  not  be  unreasonably  withheld.	Notwithstandlng  the  foregoing,  the		
assignment of all or a portion ofthe ri"ghts and obligations		
constitute an assignment hereof.	hereunder to a Sub-Operator shall not		

(c)	Whenever used, the singular number shall include the plural, the plural the singular, and the use of any gender shall include all genders, as the context requires.

(d)	The HOA and the District have had equal input in the drafting of this Agreement and, in consideration thereof, the language used in this Agreement will be construed
according to its fair and common meaning and will not be		
for either party.	construed more stringently or liberally		
			
( e)	If any provision of this Agreement is held to be illegal or invalid, the other		
provisions shall remain in full force and effect.		

(f)	No Modification. change of this Agreement shall be valid against which such enforcement is or agreement made between the parties and

by an agreement in writing signed by all

No  modification, waiver,  amendment,  discharge  or	
unless the same is in writing and signed by the parties	
may  be  sought	This  instrument  contains  the  entire	
may not be modified orally or in any manner other than	
parties hereto or their respective successors in interest.	

(g)	Counterparts and Facsimile. This Agreement may be executed iil any number of counterparts with the same effect as if all pro.ties had signed the same document. Such executions inay be transmitted to the parties· by facsimile and such facsimile execution shall
have the full force and effect of an original signature.  All fully executed counterpa,..ts.,	whether		
original executions or facsimile executions or a	combination thereof, shall be construed together		
and shall constitute one and the same agreement.			

[SIGNATURES

ON

FOLLOWING PAGE)

Par.king and Towing Enforcement Agreement (2019)	8		
Storey	Park	Community Development District			
					
Page 8	ofll				

SIGNATURE PAGE TO

PARKING AND TOWING ENFORCEMENT AGREEMENT

IN	WITNESS	WHEREOF,

executed on their behalf by their duly above.

the parties hereto have authorized representatives,

caused this all as of the

Agreement to be date first set forth

WITNESSES:	STOREY PARK COMMUNITY	
	DEVELOPMENT DISTRICT	

Print: -----------

Print: ___________

By:	_		
_____  _  _  ______			
Print:			
--			
---- - ----- -			
Title: _			
______  _____  _			

WITNESSES:	STOREY	PARK

ASSOCIATION,  INC.

profit corporation

COMMUNITY
a	Florida  not-for-

Print:

___l

...,....w....	,o..,U\""-Te-....	,5-....	1o~\l....e-C~t~·-_	
.	t			

Parking and	Towing Enforcement Agreement (2019)	
Storey Park Community Development District	
Page 9 ofll		

9

EXHIBIT

"A"

MAP

OF

DISTRICT

PROJ>ERTY

Parking and
Storey Park
Page 10 ofl

Towing gnforcement Agreement (2019)
Community Development District
1

11	I		
i  I			
I '			
I '			
18			
I ;			
I ;			
I '			
I~			
I:	I		
I :			
~----,.___		

.	-	100'	I		
50'	0		200'		
		FEET			

- I	I	I					
I		I					
I	~	I					
.1	'.'	I					
I	:	I					
I	:	I					
. 1	~	I					
I	'	I					
		I					
		I					
		I					
		I					
		SIGHT UN£ 53()	'			
		I					
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		I	SIGHT UN£	SJO'		
		I				

	WI01H: a.,·	
	sr£ERJIKiN«;J.£: J9.J'	
D'.PICAI,	flBE TRUCK	
USED FOR Al/TO	- TURN ANALYSIS	
PUBLIC	STRms	(NO ALLEYS)	

ON

	Consultant:	
	12	II/WJ)I4	SIJBMlITEDR)JUTAlfflNGOCU	
	11	11/11/2014	16V.PERSHOPDMWJNG6	
e	10	10/J/J/>)tl	REV.PEIIOQJOOWEN!S	
	111	10/lA/lDII	REV.PEIIOQJCOIIMBNl'S	
	Ill	'11/lA/>)1'	REV.PPllOQJ<Xllllmffi	
	01	rA/11/>JI<	REV.PEIIOQJ<Xllllll!lffl	
	Ill	111/11/lDl<	REV.PEIIOJ'l'CXlllMElm	
	OS	07/I0/7Jt4	BID!Br	
	04	(11/10/'1)14	RBV.PEB.OTY&OOJo::J!OOiNIS	
	Ill	OI/IO/>J14	RBV.l'l!IIF!DIIDAGAS<XlllMBNIS	
	az	OiS/0112)14	RBV.PEIICI!YCOlll<EN!S	
	Ot	04/Zl/>JI<	Sllt!MlTTOOJ'l'•OQJ	
	~	llATB.:	DESCIIPIDG:	

SUBlllSSJONS/ll!Vl5IONS	
DAm	APRIL 23 2014	
JOB NO,	12-080	
DllfilGNl'llBY:	DM/NV	
DRAWN BY:	DM	
OIF.CXBDBY:	om	
AP!'iOVEDBY:	RIJl	
SCAIJlIN Fll!lr:	1'=100'	
Project Name:		
STOREY PARK-	
PHASE 1		
(WEWAHOOTEE PD)	

		...		
		~		
VERTICAL DATUM: (NAVD st		
Subm.im.l To:	... ,:,		
				
CITY OF ORLANDO, W,~		
	.., ~		
ShcctTidc	:	:		
SIGHT DISTANCE ~	•		
PLAN	K~		
	C. =		
	<(Z		
	'::)		
	Oj!>		
	-g	C:		

JO	m.p.h.	SONNET	AVENUE	310	ft	
JO	m.p.h.	HISTORY	AVENUE	31	0	ft	
JO	m.p.h.	MYTHOLOGY	STREET	31	0	ft	
JO	m.p.h.	MYSTERY	LANE	31	0	ft	
JO	m.p.h.	SHORT STORY	STREET	310	ft	
JO	m.p.h.	LITERATURE	WAY	310	ft	
4S	m.p.h.	INNOVATION	WAY NORTH	530	ft	

NOTES:							
1.	SIGlfT DISTANCE	PER	f.D.O.T. GREENBOOK	CHAPTER 16 RESIDENTlAL	STREET	DESIGN.	
SIGlfT DISTANCE	31	0" FOR A DESIGN SPEED	Of  JO M.P.H.			
2.	SIGHT DISTANCE	PER	f.D.O.T. INDEX 546	SIGlfT DISTANCE 530'PER	A DESIGN	
SPEED 45 MPH							
3.	INTERSECTION	SIGlfT	DISTANCE: UPSTREAM	85'AND DOWNSTREAM 60'		

	Poulos	& Bennett, I.LC	
4625	fulduunc.Swo: B,Orlwlo.FL32814	
Tel. '407.◄87.2594	.,....powow>dbcnoea.com	
	Eng. Bus. No. 28567	

	'		
	'		
	'		
	'		
	'		
	'		
	'		
/	'		
	'		
/
/
/
/
/
/

		'				
		'				
			'				
			'				
			'			
				'			
				'			
ROUNDABOUT SIGHT	DISTANCE			
NOTE:  SHADED AREA	DETAIL	1			ONLY		
	IS LOW	GROWT,	LANDSCAPING			
	1·-Jo'		H				

5[.J	100·	Kcy"hp:		
				
	SCALE  IN  FEET			

SUBlllSSl~S/RllVISIO~	
V!JfllCALllATIJ,I~	•	
JOB NO,	~\V_D 88	
DRAl<NBY,	CS!,	
am=ei-,	CMBf.;V	
APPROVED BY,	om	
lf.AI.f. I~ fl-.t.T,	1'= 100'	
Project Name:		
STOREY PARK	
PHASE3	-	
(WEWAHOOTEE PD)	

Submiual To:			
CITY OF ORLAND0,FL		
Sheet ·11,Je			
PARKING			
DESIGNATION &		
SIGHT DISTANC	E		
PLAN			
Sheet No.:			

POULO S ('_;BEi\:~ ETT
·······---~	-----	--

	'	!!SI   '·•.		
	.'-..			
."'	J;<~	"-		
.				

"

J,S

.

'"\~
'
'	\ ~	:\:,
",·~ '
',~:~	'

50'	0	100'	200'	
	SCALE	IN  FEET		

m

'·

			310 fl		
I.  SIGHT DISTANCE PER F DOT					
SIGHT DISTANCE 310· FOR ;, DES~;:~:~ ~~r:)i R£SIDENT1AL STREET DESIGN.		
0			Coruult2nc		
					
0~ ~~D~~\~EA DESICN SPEED~~~~~E~'liH~rINDEX 546		
~ PER CllY OF ORlANOO REOUEsr SICHT					
NCER VEHICl.E/MEOIAN	22	, OR LESS.	E NOTEO. MSEO		

''

\
\

OJ	1Q/C6/!115	lf\15tPl:l.OCUCOlOW'l'S	
QI	'11/ll,/Jflll	lflDlllTlOOTY/OCU		
OI	0JJ2Vlll16	SUUIITTOOTY/00.."		
SO.	D.llc	~		
	51.lMSSIO.WREl'lllOl,S	
l'EK11C.\l.DAT1ll~	N.\\'088	
/08~'0.,		12.0SO	
DESIGNED BY,	NV\'	
DM\rNBY:		CSL	
CHECKED BY,	Olll/NV\'	
.\P!'ROl'ED BY,	C.IIB	
SC.IL£ L~ FEEi",	1'=100	
Ptqcct Name:		
STOREYPARK-	
PHASE4		
(WEWAHOOTEE PD)	

---

	.....,		
	•		
	•		
-·	/ .		
			
.'		
	---		
	/		
	I		

Submitu.lTo:

CITY OF ORLANDO, FL

Sheet Tide:

PARKING
DESIGNATION &
SIGHT DISTANCE
PLAN

Sheet No.:

C3.10

I
I
,i

REVIEWED!O~;R~CiO~D~E~C~O~M~P~LIA~~NC~E~--~----~----~---l~~:=c--~~=~~~~=~~-~=~~-~=~~---;--lif----~----~----~----~------	L-----	'-----	_j_		
DATE:·""M'	by-  ~#	so·   o	100'	200'		
		--		I		
.	City Engle--		SCALE IN  FEET			
PERMIT NO.    EN  2017-01049					
					
ADDRESS   120 b	RYTIMEOR					
	MHALL COMPANY					
NOTE:  Permit tss	d					
to vollale a  n~b:~~~rant permlss1on					
Keep lhls	an on-site at al/ limes.

ClOF ORLANDO									~Ii								
G SERVICES Dl~IOU-- ------------------------															
														Consuh:int:			
-																		
-	--,																	
I									I									
/	t/f;(f?~--o'= ~ -	L~~- --'-	~									
/		'I/"'		"--r..-r- ::::.q,.		-, -;- - - __,	281	282							
	1/.		,	I  I	I	'		u									
I;	,,,,	.		.	I		~-11\		280	28J	Street 'H'					
/	Ii~			I			I\,.	--\ \\ --	279								
	--.........._,			~--'-		-	..\l										
.	I				-			_ ,-	.									
	.						t -										
/2							I	..-,-	~'\			281	288	289				
~	~								~-						RESt.11.\LITTOCllY/OCU			
														02 '1/ftilr,IJll				
							\							0111/f/!r,IJll	SUB.\l!TTOOTl'/00:			
	/								~~					so.  D.Are	OC5Clll'J1(1.'S;			
														SUIMSSIONS/RIMSIOKS		
														VliRTICALDA11J!l	NAVO S8		
									I					JOBNO,		12-080		
																		
														DESIG~'EDBY,	NW		
														DRAWN BY,		CSL		
														CHEO-EDBY,	CMB/NW		
														APPROVED BY,	om		
														SCA!£ IN FEEi:	1'=100'		

PrujcctNamc:

STOREYPARK-
PARCEL L
PHASE2
(WEWAHOOTEE PD)

) irr-=_=_=_=-_=--=-✓	rt				
;r ---~ i; ij~			STREET C		
I	JO  m.p.h.	STREET 0		
I	JO	m.p.h.	STREET E		
I	JO	m.p.h.	STREET F		
					
151	JO  m.p.h.	STREET G		
	JO	m.p.h.	STREET H		
152	NOTES:				

Submittal To:

T	310 ft	CITY OF ORLANDO, FL		
				
	310	fl	Shccrlitlc:		
					
	310	fl	PARKING		
	310	ft			
			DESIGNATION &		
	310	fl			
			SIGHT DISTANCE		
	310	fl			
			PLAN		

1.  SIGHT DISTANCE PER F.0.0.T. GREENBOOK							
SIGHT DISTANCE 310' FOR A DESIGN SPEED OCHAPTtR  16 RESIDENTIAL STREET DESIGN	·	Sheet No .:		
				F	JO  M.P.H					
2. SIGHT DISTANCE PER FOOT IN	DEX	546	IS	42	D'FOR A DESIGN SPEED	OF 30 MPH		C3 .10		
ALONG STORY TIME DRIVE.										

----

Poulos & Bennett LLC
Td.2:g.;:a~~rconSt, Oda~, FL 32803

.	Eng. 8~~1bcnnctt.enru

15	16	17	18		

-lSPACCS

---,

OPEN SPACE

0S-L5

45

so·	0	100·	200·	
	SCALE	IN  FEET		

OPEN SPACE
OS-L6
~---
-----

Con1ult:anc

148

I
L _

I
I
I
I
_j

-------,,-	
'	I	
I	I	
I	I	
I	I	
I	I	
I	I	
I	I	
I	I	
I	I	
I	I	
I	I	
I	I	
I	I	

04	7/M/3)17	
DJ	l/5/7Dl7	
02	◄/21/7Dl7	
01	2/14/lDll	

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SUBMITTO<IIY/OOI

NO.  DAIi>-		
SOBMISSIONS/IBmONS	
'll!XllCALDAnlll:	NAVD88	
J2!!NO.,	12-080	
DESIGNED BY:	NVV	
DIAWNBY:	CSL	
OIECKl!D BY:	CMB/NVV	
AP!'IOVBD BY:	CMB	
SC.ILBINl'l!l!T:	1'=100'	
Project Ntme:		
STOREY PARK -	
PARCELL		
PHASE!		
(WEWAHOOTEE PD)	

!L,	..	":',u:	\;y'( ,ii!t	Hn1('\\n,	..._	'I	I	i)	~•	,! l,	

Submittal To:

CITY OF ORLANDO, FL

EXHIBIT

"B"

PARKING AND TOWING RULES

Parking and Towing Enforcement Agreement (2019)
Storey Park Community Development District
Page 11 ofll

STOREY PARK COMMUNITY DEVELOPMENT DISTRICT PARKING AND TOWING RULES

Adopted October 24, 2019 (Resolution 2020-01)

1.0	Parking and Towing. The rules and regulations of this Section 1.0 are hereby adopted by the Storey Park Community Development District (the "District") and shall be referred to as the "District Parking and Towing Rules."

1.1	Applicability. The District Parking and Towing Rules shall be applicable on, over, or within those (a) designated paved parking or stalls owned by or dedicated to the District (the "Parking Areas"), (b) District rights -of-way, including but not limited to the roads, streets, thoroughfares, swales, and sidewalks owned by or dedicated to the District or which the District is responsible for maintaining (the "District Right-of -Way"), as generally depicted on the parking and towing map shown in Appendix 1.0 (the “Parking and Towing Map”), which is attached to these Rules and is specifically made a part hereof, as well as (c) any other property owned by or which the District is responsible for maintaining. For purposes of these District Parking and Towing Rules, "vehicle" shall include any self-propelled vehicle or motorized means of transport.

1.2	District Parking Lots or Areas. Non-commercial vehicles not otherwise prohibited from parking on District Right-of-Way or Parking Areas are permitted to park within designated District parking lots or parking areas, which includes Parking Areas throughout the community on District property. No trailers shall be parked in any of the defined Parking Areas of the District. Should the trailer be attached or hooked up to a vehicle and parked in violation of these Rules, the trailer and the vehicle are each subject to towing.

1.3	On-Street Parking.

1.3.1 On-street parking in the District is prohibited in those areas as marked in the District Parking and Towing Map attached hereto as Appendix 1.0, in addition the following prohibitions apply through the District:

(a)	Guests and visitors shall be permitted to park on the streets for no longer than six (6) continuous hours in any one day. While parking, guests and visitors shall follow all parking rules and regulations, including those of the

Orange County, the City of Orlando and the State of Florida. The Board of Supervisors may grant temporary exceptions when it deems appropriate.

(b)	Commercial vehicles (which for purposes of this provision are defined as vehicles not designed and used for normal personal/family transportation, vehicles with work racks, tool racks and/or visible equipment, and/or vehicles bearing lettering, graphics, contact information, logos, advertising and/or any other commercial insignia), limousines, lawn maintenance vehicles, construction vehicles, trailers of any kind, vehicles for hire, or vehicles used in business of or for the purpose of transporting goods, equipment, passengers and the like, or any trucks or vans which are larger than one ton, or any dual-wheel trucks shall not be parked on, over, or within the District Right-of-Way or any District parking lots or Parking Areas, except during the period of delivery or the provision of services to the adjacent residential unit(s). Such vehicles temporarily parked in accordance with this section shall be fully parked on a paved surface designed for parking or vehicular travel. No portion of the vehicle shall be parked on, over, or within a landscaped or grassed surface of the District, including but not limited to the swale.

(c)	Recreational vehicles, including campers, mobile homes and motor homes, regardless of size, all-terrain vehicles (ATVs or ATCs), go-carts, motorcycles, mini- motorcycles, mopeds, unregistered vehicles, boats, and trailers of any type, are prohibited at all times from parking or being parked on, over, or within any portion of the District Right-of-Way or District parking lots or Parking Areas; however, recreational vehicles may be temporarily parked in said areas for no more than eight (8) hours for the purposes of loading and unloading only.

(d)	Golf carts are prohibited at all times from parking or being parked on, over, or within any portion of the District Right-of-Way or District parking lots or Parking Areas. Golf carts being utilized at the time for the purposes of maintenance of properties within the boundaries of the District and which are owned and operated by the District, a homeowners or property owners’ association, or an agent thereof, are exempt from this provision between the hours of 6:00A.M. and 8:00P.M. of the same day.

(e)	Individuals working in the District may park within the areas actively under construction in the District as specifically permitted by the District Manager or his/her designee.

(f)	Overnight parking, defined as parking between the hours of 10:00pm and 8:00am, shall be prohibited in the areas as indicated on the District Parking and Towing Map attached as Appendix 1.0

1.3.2 No portion of any vehicle shall be parked on the District Right-of-Way for any period of time within twenty (20') feet of any District mailbox kiosk within the District, unless parked within a designated District parking stall in accordance with Section 1.2 above. No portion of any vehicle shall be parked on the District Right-of-Way in a manner that blocks access to single-family home mailboxes. A clearance of fifteen (15’) feet before the mailbox and fifteen (15’) feet after the mailbox is required.

1.3.3 No vehicle bearing a "For Sale" or similar sign shall be parked on, over, or within the District Right-of-Way or any District parking lot or Parking Area.

1.3.4 Vehicles temporarily parked in accordance with Section 1.3.1 above shall not park in any manner which has the effect of disrupting the normal flow of traffic, which would block the ingress or egress of trucks, public service vehicles, and emergency vehicles, which would require other vehicles to leave the paved surface of the District Rights-of-Way to pass, or which would result in a vehicle being parked in a portion of more than one parking stall of a District Parking Area. In addition, vehicles temporarily parked in accordance with Section 1.3.1 above:

(a)	Shall not park facing the wrong direction on the street.

(b)	Shall not park in any manner that blocks access to a driveway.

(c)	Shall not park in any manner that blocks a sidewalk.

(d)	Shall not park with tires on the grass, as this may cause damage to the District’s irrigation.
(e)	Shall not park within thirty (30’) feet of the approach to a stop sign.

1.3.5 Any vehicle that cannot operate on its own power is prohibited from being parked on, over, or within the District Right-of-Way or any District parking lot or Parking Area, and shall immediately be removed.

1.3.6 No vehicle bearing an expired registration, missing license plate, or a license plate that fails to match the vehicle registration shall be parked on, over, or within the District Rights-of-Way or any District parking lot or Parking Area.

1.3.7 It is a violation of the District Parking and Towing Rules for a vehicle otherwise lawfully parked on, over, or within the District Rights-of-Way or any District parking lot or Parking Area to be covered or partially covered with a tarpaulin or other type of vehicle cover. No vehicle parked on, over, or within the District Rights-of-Way or any District parking lot or Parking Area shall be used as a domicile or residence either temporarily or permanently.

1.4 Parking in Other Areas of the District. Parking of any vehicle or trailer, including but not limited to those referenced in Section 1.3.1 above, is strictly prohibited on or within all non-paved District property, including but not limited to, landscaped or grassed areas within or adjacent to any District Right-of-Way. This prohibition shall remain in effect twenty-four (24) hours per day, seven (7) days per week.

1.5	Enforcement

1.5.1 Towing. Any vehicle parked in violation of the District Parking and Towing Rules may be towed at the vehicle owner's expense by a towing contractor approved by the District Board of Supervisors pursuant to Section 715.07, Florida Statutes. Vehicles and vessels parked in violation of the District Parking and Towing Rules upon first offense, may receive a warning affixed to the vehicle or vessel. Towing may be initiated only after the first offense of the vehicle, trailer, or object parked in violation of these Rules. Thereafter, upon direction in writing (email and facsimile are acceptable) from the District Manager or a designee of the District Manager, the tow contractor is authorized to commence towing for a violation or violations of these Rules pursuant to Section 715.07, Florida Statutes. A vehicle or vessel parked in violation of the District Parking and Towing Rules for a period of longer than twenty-four (24) hours after receiving its initial warning under this section shall be subject to towing.

1.5.2 Suspension and Termination of Privileges. A resident’s privileges at any or all District Amenity Facilities may be subject to various lengths of suspension or termination by the Board of Supervisors due to violations of these rules.

1.6 Suspension of Rules. The enforcement of the District Parking and Towing Rules may be suspended in whole or in part for specified periods of time, as determined by resolution of the Board of Supervisors of the District. In addition, the enforcement of the District Parking and Towing Rules may be suspended during emergency situations at the discretion of the District Manager.

1.7 Damage to District Property. Should the parking of any vehicle on, over, or within the District Rights-of-Way, District parking lots or Parking Areas, or District Property, or any portion thereof, even if on a temporary basis, cause damage to District infrastructure, landscaping or other improvement, the owner and driver of the vehicle causing such damage shall be responsible to fully reimburse the District to repair or replace such improvement. Damage includes, but is not limited to, staining caused by fluid leaking onto District parking areas. The decision on whether to repair or replace a damaged improvement shall be at the discretion of the District.

1.8 Vehicle Repairs. No vehicle maintenance or repair shall be performed on, over, or within any portion of the District Rights-of-Way, District parking lot or Parking Area, or District property. No vehicles shall be stored, even temporarily, on blocks on, within, or over the District Rights-of-Way, District parking lots or Parking Areas, or District Property.

1.9 Other Traffic and Parking Regulations. Nothing in these District Parking and Towing Rules shall prohibit local law enforcement from enforcing the laws that are a part of the State Uniform Traffic Control Law, Chapter 316, Florida Statutes, or any other local or state law, rule or ordinance pertaining to vehicular traffic or parking enforcement.

SECTION

V

This

item

will

be

provided under

separate cover

SECTION

VI

LANDSCAPE

S

IRRIGATION

Landscape Maintenance Addendum to

Contract

Attn:

Submitted

Director:

By:

STOREY PARK CDD
c/o OMS

9145 Narcoossee Rd., Suite A206
Orlando, FL 32827

SSS Down To Earth Opco LLC Michael Mosler II

Storey Park CDD
Future Addendum Areas Parcels I

and

L

Landscape Maintenance Summary

Parcel, I

Phase 2

"Dog

Park"

(ESTL"'1ATED

AREA

NO

PLANS

PROVIDED)

Basic Maintenance

Irrigation Inspection

Fertilization/Pest Control

Mulch

Trees/Palms

Dog Bag Stations

Total Annually

Total Monthly

Additional Items
Mulch
Pine Straw

STOREY PARK CDD

$	9,130.53	Annually	
Included	Annually	
Included	Annually	
Included	Annually	
Included	Annually	
Included	Annually	
$9,130.53		
$	760.88		
$	45.00	per Cubic Yard	
$	6.50	per Bale	
SSS Down To Earth Opco LLC	

BY:

ITS:

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

BY:

1TS:

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

Owner's Signature

SSS Down To

Earth

Opco LLC

1/1	4/2020	

LANDSCAPE

S

IRRIGATION

Landscape Maintenance Addendum to Contract

Attn:

Submitted

Director:

By:

STOREY PARK CDD

c/o GMS

9145 Narcoossee Rd., Suite A206

Orlando, FL 32827

SSS Down To Earth Opco LLC Michael Mosler II

Storey Park CDD

Future Addendum Areas Parcels

I

and L

Landscape Maintenance Summary

Parcel L Phase

1 Tract

P-Ll

Basic Maintenance

Irrigation Inspection

Fertilization/Pest Control

Mulch

Trees/Palms

$18,413.56

Included

Included

Included

Included

Annually

Annually

Annually

Annually

Annually

Total Annually

Total Monthly

Additional Items
Mulch

Pine Straw

$18,413.56	
$1,534.46	
$	45.00	per Cubic Yard	
$	6.50	per Bale	

STOREY PARK CDD

BY: ---------

ITS: _________

Owner's Signature

SSS Down To Earth Opco LLC

BY: ---------

ITS: ---------

SSS Down To Earth Opco LLC

1/14/2020

LANDSCAPE

S

IRRIGATIDN

Landscape Maintenance Addendum to Contract

Attn:

Submitted

Director:

By:

STOREY PARK COD

c/o GMS

9145 Narcoossee Rd., Suite A206

Orlando, FL 32827

SSS Down To Earth Opco LLC Michael Mosler II

Storey Park CDD

Future Addendum Areas Parcels

I

and L

Landscape Maintenance Summary Parcel L Phase 2 Tract P-L3

Basic Maintenance

Irrigation Inspection

Fertilization/Pest Control

Mulch

Trees/Palms

$7,995.67

Included

Included

Included

Included

Annually

Annually

Annually

Annually

Annually

Total Annually

Total Monthly

$7,995.67

$ 666.31

Additional Items			
Mulch			
Pine Straw			
STOREY PARK CDD			
BY:			
---------		
ITS:	-		
--------			

$	45.00	per Cubic Yard		
$	6.50	per Bale		
SSS Down To Earth Opco LLC		
BY:				
	---------		
ITS:	----- ----		

Owner's

Signature

SSS

Down

To

Earth

Opco

LLC

1/14/2020

LANDSCAPE

S

lRRlGATlDN

Landscape Maintenance Addendum to

Contract

Attn:

Submitted By:

Director:

STOREY PARK CDD

c/o GMS

9145 Narcoossee Rd., Suite A206

Orlando, FL 32827

SSS Down To Earth Opco LLC Michael Mosler II

Storey Park CDD
Future Addendum Areas Parcels I

and

L

Landscape Maintenance Summary

Parcel L

Phase 3 EASEMENT

1

(ESTIMATED

AREA

NO

PLANS

PROVIDED)

Basic Maintenance

Irrigation Inspection

Fertilization/Pest Control

Mulch

Trees/Palms

Total Annually

Total Monthly

Additional Items
Mulch

Pine Straw

STOREY PARK CDD

$2,992.17	Annually	
Included	Annually	
Included	Annually	
Included	Annually	
Included	Annually	
$2,992.17		
$	249.35		
$	45.00	per Cubic Yard	
$	6.50	per Bale	
SSS Down To Earth Opco LLC	

BY:

ITS:

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

BY:

ITS:

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

Owner's

Signature

SSS

Down

To

Earth

Opco

LLC

1/14/2020

LANDSCAPE

S

IRRIGATION

Landscape Maintenance Addendum to

Contract

Attn:

Submitted By:

Director:

STOREY PARK CDD

c/o GMS

9145 Narcoossee Rd., Suite A206

Orlando, FL 32827

SSS Down To Earth Opco LLC Michael Mosler II

Storey

Park

CDD

Future

Addendum Areas Parcels I and L

Landscape Maintenance

Summary

Parcel L

Phase 3 EASEMENT

2

(ESTIMATED

AREA

NO

PLANS

PROVIDED)

Basic Maintenance

Irrigation Inspection

Fertilization/Pest Control

Mulch

Trees/Palms

Total Annually

Total Monthly

Additional Items

Mulch
Pine Straw

STOREY PARK CDD

$3,007.83	Annually	
Included	Annually	
Included	Annually	
Included	Annually	
Included	Annually	
$3,007.83		
$	250.65		
$	45.00	per Cubic Yard	
$	6.50	per Bale	
SSS Down To Earth Opco LLC	

BY:

ITS:

---------
_________

BY:

ITS:

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

Owner's

Signature

SSS Down To

Earth

Opco

LLC

1/

14/2020

LANDSCAPE

S

IRRIGATION

Landscape Maintenance Addendum to

Contract

Attn:

Submitted

Director:

By:

STOREY PARK CDD

c/o GMS

9145 Narcoossee Rd., Suite A206

Orlando, FL 32827

SSS Down To Earth Opco LLC Michael Mosler II

Storey Park CDD

Future Addendum Areas Parcels I

and

L

Landscape Maintenance

Summary

Parcel L Phase 3

EASEMENT 3 GAS

(ESTIMATED

AREA

NO

PLANS

PROVIDED)

Basic Maintenance

Irrigation Inspection

Fertilization/Pest Control

Mulch

Trees/Palms

$5,480.60	Annually	
Included	Annually	
Included	Annually	
Included	Annually	
Included	Annually	

Total Annually

Total Monthly

Additional Items

Mulch

Pine Straw

$5,480.60	
$	456.72	
$	45.00	per Cubic Yard	
$	6.50	per Bale	

STOREY PARK CDD

BY: ---------

ITS: ---------

Owner's Signature

SSS Down To Earth Opco LLC

BY: ---------

1TS: -----	----

SSS Down To Earth Opco LLC

1/14/2020

LANDSCAPE

S

IRRIGATION

Landscape Maintenance Addendum

to

Contract

Attn:

Submitted

Director:

By:

STOREY PARK COD

c/o GMS

9145 Narcoossee Rd., Suite A206
Orlando, FL 32827

SSS Down To Earth Opco LLC Michael Mosler II

Storey Park CDD
Future Addendum Areas Parcels I and L
,	,

Landscape Maintenance Summary

_

Parcel L

Phase 3

POND

L-2

(ESTIMATED

AREA

NO

PLANS

PROVIDED)

Basic Maintenance

Irrigation Inspection

Fertilization/Pest Control

Mulch

Trees/Palms

$ 15,319.47

Included

Included

Included

Included

Annually

Annually

Annually

Annually

Annually

Total Annually

Total Monthly

$15,319.47

$1,276.62

Additional Items
Mulch
Pine Straw

STOREY PARK CDD

$	45.00	per Cubic Yard	
$	6.50	per Bale	
SSS Down To Earth Opco LLC	

BY: _________

ITS: -	--------

BY:

ITS:

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

Owner's Signature

1/14/2020

SSS Down

To

Earth

Opco LLC

LANDSCAPE  e IRRIGATION

Landscape Maintenance Addendum to Contract

Attn:	STOREY PARK CDD

c/oGMS

9145 Narcoossee Rd., Suite A206

Orlando, FL 32827

Submitted By:	SSS Down To Earth Opco LLC

Director:	Michael Mosler II

Storey Park CDD
Future Addendum Areas Parcels I and L

Landscape Maintenance Summary

Parcel L Phase 3 POND L-4 (ESTL.lfATED AREA NO PLANS PROVIDED)

Basic Maintenance	$ 8,386.93	Annually		
Irrigation Inspection	Included	Annually		
Fertilization/Pest Control	Included	Annually		
Mulch	Included	Annually		
Trees/Palms	Included	Annually		
Total Annually	$8,386.93			
Total Monthly	$ 698.91			
Additional Items					
Mulch	$ 45.00 per Cubic Yard		
Pine Straw	$  6.50 per Bale		
STOREY PARK CDD	SSS Down To Earth Opco LLC		
BY: ---------	BY: ---------		
ITS: ---------	ITS:	------- --		
				
Owner's Signature	SSS Down To Earth Opco LLC		

1/14/2020

LANDSCAPES

IRRIGATION

Landscape Maintenance Addendum to

Contract

Attn:

Submitted

Director:

By:

STOREY PARK CDD

c/oGMS

9145 Narcoossee Rd., Suite A206
Orlando, FL 32827

SSS	Down To Earth Opco LLC Michael Mosler II

Storey Park CDD

Future Addendum Areas Parcels I

and

L

Landscape Maintenance

Summary

Parcel L

Phase 3

POND

L-5

(ESTIMATED

AREA

NO

PLANS

PROVIDED)

Basic Maintenance

Irrigation Inspection

Fertilization/Pest Control

Mulch

Trees/Palms

$ 8,191.27

Included

Included

Included

Included

Annually

Annually

Annually

Annually

Annually

Total Annually

Total Monthly

Additional Items

Mulch
Pine Straw

$8,191.27	
$	682.61	
$	45.00	per Cubic Yard	
$	6.50	per Bale	

STOREY PARK CDD

BY: ---------

ITS: ---------

Owner's Signature

SSS Down To Earth Opco LLC

BY: ---------

ITS: ---------

SSS Down To Earth Opco LLC

1/14/2020

STOREY PARK CDD

FUTURE ADDENDUMS PARCELS DOWN TO EARTH 04/2019

I

AND

L

SECTION

V

II

NON-AD

VALOREM ASSESSMENT ADMINISTRATION AGREEMENT

An	st	day of October, 2019 between RICK SINGH, CFA, as		
				
AGREEMENT made this 21				
Orange  County Property Appraiser  (Property Appraiser)  and  Storey Park	CDD,  (Taxing		
Authority), and is effective upon	acceptance by both parties and through	September 30,		
2020.					
1. The  Taxing Authority desires to use  the services  of theProperty Appraiser to maintain		
non-ad valorem assessments on the tax roll and the Property Appraiser is prepared to do so, on		
behalf of the Taxing Authority.	Each party represents  that it has satisfied all conditions		
necessary to enter into this agreement.			

2.

The

Property Appraiser agrees  to perform the following service for

the

Taxing

Authority:

G.	Create a Non-Ad Valorem Assessment Roll for the Taxing Authority for the

2019	tax  roll  year using data provided annually to the Property Appraiser's Office	
by  the Taxing Authority per attached  Calendar For	Implementation	Of Non-Ad	
V alorem Assessment Roll.			
H.	Provide the Taxing Authority with a data file	in a compatible	format on or	
before April 1, containing all parcels within the  boundaries of the Taxing Authority	
to be used  for  the Taxing Authority's planning purposes in establishing its non-ad	
valorem assessments. Provide subsequent files  or reports at request  of the Taxing	
Authority.			

I.	Receive

assessment levy of real property

from the Taxing Authority its proposed or adopted non-for each type of property and extend that amount against as stipulated by Taxing Authority.

ad valorem each parcel

J.	Include the Taxing Authority's non-ad valorem assessments on the Notice Of

Proposed Property Taxes And Proposed or Adopted Non-Ad Valorem Assessments mailed to all property owners in August of each year.

K.	Receive from update the Non-Ad 15 of each year,

assessments.

the  Taxing Authority, corrections or  changes to  the  roll  and

Valorem Assessment Roll  for tax bills on or before September
the	statutory	deadline	for	certification	of	non-ad	valorem

L.	Deliver  the  Taxing  Authority's  Non-Ad  V alorem  Assessment	
Orange County Tax Collector's Office so that tax bills mailed on or about	
will include the Taxing Authority's non-ad valorem assessment levies.	

Roll to the November 1

3.

Taxing Authority agrees to perform the following acts in connection with this agreement:	
E.	Advise the  property owners within the Taxing Authority in	an  appropriate	
and  lawful manner of the Taxing Authority's intention to utilize the	Uniform non-ad	
valorem assessment method		
	described in Sections 197.3631 through 197.3635, Florida	
Statutes,. and carry out its responsibilities under said sections.		

F.	Timely provide the Property Appraiser with information required to prepare the

Uniform Non-Ad Valorem Assessment Roll per the Calendar For	Implementation	
Of Non-Ad Valorem Assessment Roll.		

G.	Advise the property owners within the Taxing Authority as appropriate that the Property Appraiser's office is acting in a ministerial capacity for the Taxing Authority
	in connection with the non-ad valorem assessments.			
	H.	Preparation and delivery of certificate of corrections directly to Tax Collector,		
	with copy to Property Appraiser, for any corrections to a certified final tax roll.		
4. The Taxing Authority shall use its best efforts in	furnishing the Property Appraiser with up-		
to-date  data  concerning  its  boundaries,  proposed	assessments  and	other  information  as		
requested from time to time by the Property					
			facilitate his making the		
			Appraiser and necessary to			
assessment in question.  The Property					
			Appraiser shall, using the information provided by the		
Taxing Authority, place the District's non-ad valorem			
and certified	to him, on properties within the district.	assessments, as made from time to time		
					
5. The Property Appraiser shall be					
costs incurred in carrying	compensated by the Taxing Authority for the administrative		
	out this Agreement.  These costs include, but	are not limited to labor,		
printing, forms, office supplies, computer					
associated costs.	equipment usage, postage, programming or any other		
						
On October 21, 2019, an	administrative fee will be invoiced to the Taxing Authority equivalent		
to $1	per parcel assessed with a non-ad valorem tax.  Parcel counts supporting the invoiced fee		
will be determined based upon the most current certified non-ad valorem assessment roll.  Any		
new	assessments  added  to  the  tax  roll  that were	not previously certified  and invoiced  an		
administrative fee, will be	around July 15 and prior to mailing of the		
			separately invoiced on or			
Notice of Proposed Property Taxes in August.					

6. The specific duties to be performed under this  agreement

are contained in the Calendar For Implementation Of Non

which is incorporated herein by reference.

and -Ad

their respective timeframes Valorem Assessment Roll,

7. This agreement constitutes modified in writing.

the  entire	agreement between  the parties and	can	only  be

8. All parts and effect.

of

this

Agreement

not

held

unenforceable

for any reason shall be given full force

9.	All communications required by this agreement shall be in writing and sent by first class mail, email or facsimile to the other party.

Notices  to the Trucing Authority shall be addressed to:

Storey Park CDD

c/o Teresa Viscarra

Governmental Management Services-CF, LLC

1408 Hamlin Avenue, Unit E

St. Cloud, FL 34771

tviscarra@gmscfl.com

(407)347-4103

Notices to the Property Appraiser shall be addressed to: Carmen Crespo, Manager Finance & Budget Orange County Property Appraiser

200 S. Orange Ave., Suite  1700

Orlando, FL 32801

ccrespo@ocpafl.org

(407)836-5353

10.	TERMINATION. This Agreement may be terminated by either party upon written notice. If terminated on or before April 1, a 100% refund of fee will apply. If terminated between April 2 and July 15, a 50% refund of fee will apply. Property Appraiser will perform no further work after the written termination notice is received.

ORANGE COUNTY PROPERTY APPRAISER

Signed. ______________

Rick Singh, CFA

Date________________

STOREY PARK CDD

Name________________

Signed~ ---------------

Date_	_______________

CALENDAR FOR

IMPLEMENTATION

OF

NON-AD

VALOREM

ASSESSMENTS

st		Authority	with an electronic		
On or about April 1  -  Property Appraiser to provide the Taxing				
file  that includes  parcel  ID  and any other information applicable	or  requested.   Taxing		
Authority may request this file at any time  after January 1st,	but	must	understand	that		
many  splits/ combos,  annexations, etc.,  may  not  be  reflected	early  in	the	tax	year	and		
subsequent files may be necessary.  If any additional information is required at	any	time by		
Taxing Authority,  it should be requested	of the Property Appraiser  by Taxing Authority,		
allowing for a reasonable turnaround time.	The file shall be in an ascii file, text or excel file,		
unless another format is requested and agreed  upon between parties.						

Junel				
•	Property  Appraiser   distributes   Best  Estimate	of Taxable  Value  to  all  Taxing		
				
Authorities.				
July 1					
•	Property Appraiser certifies Preliminary tax roll to	all taxing authorities.		
				
•	Taxing Authority reviews	all assessments and provides final approval for Notice of		
Proposed Property Taxes (fRIM)				
July 15					
•	Property Appraiser to invoice Administrative Fee for new parcels, if any, assessed and		
			
in excess of prior year certified non-ad valorem assessment roll parcel count.		
August4				
•	Taxing  Authority  adopts	its  proposed  millage  rate  and  submits  to  the  Property		
Appraiser for TRIM.				

August 24

•	Last day Property Appraiser can mail TRIM

	roll.

notices to

all

property owners

on

the tax

September 3 -	October 3

•	Taxing Authority holds initial

and

final

public budget hearings.

September

15

•	Taxing Authority	
on or	before September	
assessment roll since the	

certifies final non-ad valorem assessment roll to 15with any changes, additions or deletions to TRIM notices.

Property Appraiser the non-ad valorem

October

•	Property Appraiser to mail Non-Ad Valorem Assessment Administration Agreement and invoice for non-ad valorem assessment processing for subsequent tax roll, based upon most recent certified non-ad valorem assessment roll parcel count.

•	Property Appraiser delivers the Taxing Authority non-ad valorem assessment roll to

the Tax Collector for collection of taxes on November 1 tax bills .

SECTION

VI

11

STOREY PARK COMMUNITY SPECIAL ASSESSMENT (ASSESSMENT AREA

DEVELOPMENT DISTRICT BONDS, SERIES 2019 THREE PROJECT)

(Acquisition and Construction)	
The undersigned, a Responsible Officer of the  Storey Park Community Development	
District (the "District") hereby submits the following requisition for  disbursement under and	
pursuant to the terms of the Master Trust Indenture between the District and Regions Bank, as	
trustee  (the "Trustee"),  dated as  of	August	1, 2015,  as  supplemented by that certain Third	
Supplemental  Trust  Indenture  dated	as  of	May  1,  2019  (collectively,  the  "Indenture")  (all	
capitalized terms used herein shall have the meaning ascribed to such term in the Indenture):	

(A)

(B)

(C)

Requisition Number:	2

Identify Acquisition Agreement, if applicable;

Name of Payee pursuant to Acquisition Agreement:

Governmental Management Services-CF, LLC

(D)

(E)

(F)

Amount Payable: $3,500.00		
Pwpose for which paid or incurred (refer also to specific contract if amount is due	
and payable pursuant to a contract involving progress payments): Invoice #115	-	
FY2020 Series 2019 Construction Accounting		
Fund or Account and subaccount, if any, from which disbursement to be made:		
Series 2019 Acquisition and Construction Account of the Acquisition		
and Construction Fund.		

The undersigned hereby certifies that:

1.

2.

3.

4.

obligations in the stated amount set forth above have been incurred by the District,		
each	disbursement  set forth above  is a proper charge  against the  Series 2019		
			
Acquisition and Construction Account;		
each disbursement set forth above was incurred in connection with the Cost of the		
Assessment Area Thre Project; and		
each disbursement represents a cost of Assessment Area Three Project which has		
not previously been paid.		

The undersigned hereby further certifies that there has not been filed with or served upon the District notice of any lien, right to lien, or attachment upon, or claim affecting the right to receive payment of, any of the moneys payable to the Payee set forth above, which has not been released or will not be released simultaneously with the payment hereof.

The undersigned hereby further certifies that such requisition contains no item representing payment on account of any retained percentage which the District is at the date of such certificate entitled to retain.

Originals of the invoice(s) from the vendor of the property acquired or the services rendered with respect to which disbursement is hereby requested are on file with the District.

STOREY PARK COMMUNITY

DEVELOPMENT DISTRICT

By:

Responsible Officer

Date:

CONSULTING ENGINEER'S APPROVAL

FOR

NON-COST OF ISSUANCE REQUESTS ONLY

The undersigned Consulting Engineer hereby certifies that this disbursement is for the Cost of the Assessment Area Three Project and is consistent with: (i) the Acquisition Agreement; and (ii) the report of the Consulting Engineer, as such report shall have been amended or modified.

Consulting Engineer

SECTION

IX

SECTl"ON

C

SECTION

1

Storey Park

Community Development District

Summa ry of Checks

October 17, 2019 to January 16, 2020

Bank

General Fund

Date

10/30/19

11/6/19

11/13/19

11/15/19

11/20/19

11/25/19

12/3/19

12/4/19

12/6/19

12/9/19

12/10/19

12/11/19

12/18/19

12/23/19

1/8/20

1/10/20

1/15/20

Check#

424

425

426-428

429-430

431-432

433-435

436-441

442

443

444

445-447

448-450

451-452

453-454

455

456

457

	Amount		
$	9,375.00		
$	285.00		
$	692.85		
$	1,524.00		
$	22,915.30		
$	9,575.69		
$	215,885.71		
$	285.00		
$	5,141.67		
$	20.48		
$	95,718.22		
$	24,003.83		
$	3,051.76		
$	912.00		
$	285.00		
$	5,155.74		
$	21,126.72		
$	415,953.97		
$	41s,9s3.91	1	

AP300R *** CHECK

DATES

10/17/2019

-

YEAR-TO-DATE	ACCOUNTS	PAYABLE	PREPAID/COMPUTER

01/16/2020	***	STOREY	PARK	-	GENERAL	FUND
BANK	A  GENERAL	FUND

CHECK

REGISTER

RUN

1/16/20

PAGE

1

CHECK	VEND#
DATE

10/30/19	00017

11/06/19	00012	

•••.. INVOICE ••••.••• EXPENSED  TO...		VENDOR  NAME			
DATE	INVOICE	YRMO	DPT	ACCT#  SUB	SUBCLASS			
10/08/19	29810	201909	320-53800-47100					
10/08/19	MONITORING  REPORT  -	ACOE					
	29810	201909	320-53800-47100					
10/08/19	MONITORING  REPORT  -	SFWMD					
	29810	201909	320-53800-47100					
10/08/19	HERBICIDE  TRMT	PHl	AUG19					
	29810	201909	320-53800-47100					
	HERBICIDE  TRMT	PH2	AUG19					
				MODICA	&  ASSOCIATES,  INC.			
10/31/19	181051	201910	320-53800-47000					
	AQUATIC	PLANT	MGMT	OCT19					
				APPLIED	AQUATIC  MANAGEMENT,	INC.		

STATUS			AMOUNT			...• CHECK ••.••		
						AMOUNT	#		
*			2,000.00							
										
*			2,000.00							
										
*			2,475.00							
										
*			2,900.00							
										
- -	-	------	-	-	9,375.00	000424		
					-	- - -			
*			285.00							
										
- - -	- -	----	-	-	-	285.00	000425		
						- - -			

11/13/19	00015	11/13/19	11132019  201911	300-20700-10000						
			FY20  DEBT  SERV	SER2015						
				STOREY	PARK	COD	C/0	REGIONS	BANK	
11/13/19	00015	11/13/19	11132019  201911	300-20700-10100						
			FY20  DEBT  SERV	SER2018						
				STOREY	PARK	COD	C/0	REGIONS	BANK	
11/13/19	00015	11/13/19	11132019  201911	300-20700-10200						
			FY20  DEBT  SERV	SER2019						
				STOREY	PARK	COD	C/0	REGIONS	BANK	

*					382.52							
													
-	-	------	-	-	-	-	382.52	000426		
							- - -			
*					196.28							
													
-	-	-	- -	-	- -	-	-	-	-	196.28	000427		
										- - -			
*					114.	05							
													
- -	-	- -	-	- -	-	-	-	-	114.05	000428		
									- - -			

11/15/19	00009	

----	-	- -	-	
11/15/19		00022		
----	-	- - -	
11/20/19		00007		

11/06/19	18841			201909	310-51300-31200				
	ARBITRAGE	REPORT	SER2015	GRAU	&	ASSOCIATES		
----	- - -	-	-	- - -	-	- -	- - -					
								- -				
10/24/19	1412			201910	310-51300-49100				
	FY20		TAX		ROLL	ADMIN	FEE	ORANGE	COUNTY  PROPERTY		
-------	-	-	-	- -	-	- -	- - -				
								- -				
10/31/19	51118			201910	320-53800-47300				
11/10/19	RPR	COUPLING/LINE  FITTING					
	50188			201911	320-53800-46200				
11/10/19	LANDSCAPE	AREAS	1-5	NOV19					
	50250			201911	320-53800-46200				
	LANDSCAPE	COMMON	AREAS					

APPRAISER

*						600.00						
												
- -	-	-	-	-	- - -	- -	-	600.00	000429		
								- - -			
*						924.00						
												
-	-	-	-	-	-	- - -	- -	-	924.00	000430		
									-  - -			
*						232.98						
												
*					11,113.57						
												
*					8,660.00						

--------
11/20/19  00006

----	-	----	- - -	------	DOWN		
					- -		
11/20/19		15-060(5	201910	310-51300-31100		
11/20/19		PUBLIC  FACILITY  RPT  OCT19			
		15-060(5	201910	310-51300-31100		
		BOARD  MTG/REV.POND  MAINT.			

TO

EARTH

LAWNCARE

II,  INC.

-	-	-	- -	-	- - -	-	20,006.55	000431		
							-----			
*				2,800.00					
										
*					108.75					

POULOS	&	BENNETT

2,908.75	000432	

STOR

-STOREY	PARK-	TVISCARRA

AP300R *** CHECK

DATES

10/17/2019

-

YEAR-TO-DATE	ACCOUNTS	PAYABLE	PREPAID/COMPUTER

01/16/2020	***	STOREY	PARK	-	GENERAL	FUND
BANK	A GENERAL	FUND

CHECK

REGISTER

RUN

1/16/20

PAGE

2

CHECK	VEND#	...•. INVOICE •...••••EXPENSED	TO...		VENDOR	NAME		
DATE		DATE	INVOICE	YRMO	DPT	ACCT#	SUB	SUBCLASS			

STATUS	AMOUNT	••.. CHECK ••.••	
		AMOUNT	#	

11/25/19	00002	

-------	-	
11/25/19		00023		
----	-	- -	-	
11/25/19		00005		

11/01/19		108		201911	310-51300-34000				
11/01/19		MANAGEMENT  FEES-NOV19				
		108		201911	310-51300-35100				
11/01/19		INFORMATION  TECH-NOV19				
		108		201911	310-51300-31300				
11/01/19		DISSEMINATION  FEE-NOV19				
		108		201911	310-51300-51000				
11/01/19		OFFICE	SUPPLIES					
		108		201911	310-51300-42000				
11/01/19		POSTAGE						
		108		201911	310-51300-42500				
11/01/19		COPIES							
		109		201911	320-53800-12000				
11/01/19		FIELD	MANAGEMENT-NOV19				
		109		201911	310-51300-49000				
		STAPLES-MAPS	GOVERNMENTAL	MANAGEMENT  SERVICES		
----	-	- - -	-	----				
					-------				
11/19/19		1660		201911	320-53800-48000				
		RPR/TST  LIGHT/INST.DRIVER				
----	-	- - -	-	----	HERITAGE	SERVICE  SOLUTIONS  LLC		
					-------				
11/21/19		88459		201910	310-51300-31500				
		MTGS/PLAT  REV/MEMORANDUM				
					LATHAM,	LUNA,	EDEN  &  BEAUDINE		

*					2,916.67						
												
*						100.00						
												
*						875.00						
												
*						5.27						
												
*						32.10						
												
*						41.10						
												
*					1,250.00						
												
*						16.55						
												
- -	-	-	-	-	- - -	-	-	5,236.69	000433		
								----			
*					1,494.00						
												
-	-	-	-	-	-	- - -	-	-	1,494.00	000434		
									----			
*					2,845.00						
												
-	-	-	-	-	-	- - -	-	-	2,845.00	000435		
									----			

12/03/19	00015	12/03/19	12032019	201912	300-20700-10000						
			FY20  DEBT  SERVICE	SER2015						
						STOREY	PARK	CDD	C/0	REGIONS	BANK	
12/03/19	00015	12/03/19	12032019	201912	300-20700-10000						
			FY20  LENNAR  HOMES	SER2015						
						STOREY	PARK	CDD	C/0	REGIONS	BANK	

*		12,896.01				
						
-	----	-----	12,896.01	000436		
			-----			
*		61,646.14				
						
-	----	-----	61,646.14	000437		
			-----			

12/03/19	00015	
12/03/19	00015	
12/03/19	00015	

12/03/19	12032019  201912	300-20700-10100						
	FY20  DEBT  SERVICE	SER2018						
			STOREY	PARK	CDD	C/0	REGIONS	BANK	
12/03/19	12032019  201912	300-20700-10200						
	FY19  LENNAR  HOMES	SER2019						
			STOREY	PARK	CDD	C/0	REGIONS	BANK	
12/03/19	12032019  201912	300-20700-10200						
	FY20  DEBT  SERVICE	SER2019						
			STOREY	PARK	CDD	C/0	REGIONS	BANK	

*				6,617.46						
										
-	-	-	- -	----	-	-	6,617.46	000438		
							----			
*				83,519.00						
										
- - -	- -	-----	83,519.00	000439		
			-	----			
*				3,845.20						
										
						3,845.20	000440		

STOR

-STOREY	PARK-

TVISCARRA

AP300R *** CHECK

DATES

10/17/2019

-

YEAR-TO-DATE	ACCOUNTS	PAYABLE	PREPAID/COMPUTER

01/16/2020	***	STOREY	PARK	-	GENERAL	FUND
BANK	A  GENERAL	FUND

CHECK

REGISTER

RUN

1/16/20

PAGE

3

CHECK	VEND#	
DATE		
12/03/19	00015	
12/04/19	00012	

..••• INVOICE ••.••••. EXPENSED  TO...	SUB	SUBCLASS	VENDOR	NAME			
DATE	INVOICE	YRMO	DPT	ACCT#								
12/03/19	12032019	201912	300-20700-10200								
	FY20  LENNAR  HOMES	SER2019	STOREY	PARK	COD	C/0	REGIONS	BANK		
												
11/30/19	181907	201911	320-53800-47000								
	AQUATIC	PLANT	MGMT	NOV19	APPLIED	AQUATIC	MANAGEMENT,	INC.		

STATUS			AMOUNT			.	.•• CHECK •..••		
						AMOUNT	#		
*			47,361.90							
										
- - -	-	-----	-	47,361.90	000441		
				-	-	- - -			
*			285.00							
										
-	- -	-	-----	-	-	-	285.00	000442		
							- - -			

12/06/19	00002	

12/01/19 12/01/19 12/01/19 12/01/19

110	201912	310-51300-34000
MANAGEMENT	FEES-DEC19
110	201912	310-51300-35100
INFORMATION	TECH-DEC19
110	201912	310-51300-31300
DISSEMINATION	FEE-DEC19
111	201912	320-53800-12000
FIELD  MANAGEMENT-DEC19
GOVERNMENTAL

MANAGEMENT

SERVICES

*					2,916.67						
											
*					100.00						
											
*					875.00						
											
*					1,250.00						
											
-	-	-	-	-	----	-	-	5,141.67	000443		
								----			

12/09/19	00002	

12/09/19 12/09/19 12/09/19

112	201912	310-51300-51000		
OFFICE	SUPPLIES			
112	201912	310-51300-42000		
POSTAGE				
112	201912	310-51300-42500		
COPIES		GOVERNMENTAL		

MANAGEMENT

SERVICES

*							.21					
*						20.12					
*							.15					
-	- -	-	-	-	-	-	-	-	20.48	000444		

12/10/19	00015	
12/10/19	00015	
12/10/19	00015	

12/09/19	12092019  201912	300-20700-10200						
	FY20  DEBT  SERVICE	SER2019						
			STOREY	PARK	COD	C/0	REGIONS	BANK	
12/09/19	12092019  201912	300-20700-10000						
	FY20  DEBT  SERVICE	SER2015						
			STOREY	PARK	COD	C/0	REGIONS	BANK	
12/09/19	12092019  201912	300-20700-10100						
	FY20  DEBT  SERVICE	SER2018						
			STOREY	PARK	COD	C/0	REGIONS	BANK	

*					15,756.72					
										
-	-	-	-	-	----	-	15,756.72	000445		
							-----			
*					52,844.73					
										
----	-	----	-	52,844.73	000446		
				-----			
*					27,116.77					
										
- -	-	- -	-----	27,116.77	000447		
				-----			

12/11/19	00007	

11/22/19 12/10/19 12/10/19

51855	201910	320-53800-47300	
RPR	SPRAY/ROTOR/FITT/NOZZ	
52853	201912	320-53800-46200	
LANDSCAPE  COMMON  AREAS	
52924	201912	320-53800-46200	
LANDSCAPE  AREAS	1-5  DEC19	
		DOWN	

TO

EARTH

LAWNCARE

II,

INC.

*	526.76			
				
*	8,660.00			
				
*	11,113.57			
				
	20,300.33	000448		

STOR

-STOREY	PARK-

TVISCARRA

AP300R *** CHECK

DATES

10/17/2019

-

YEAR-TO-DATE
01/16/2020	***	

ACCOUNTS	PAYABLE	PREPAID/COMPUTER

STOREY	PARK	-	GENERAL	FUND
BANK	A GENERAL	FUND

CHECK

REGISTER

RUN

1/16/20

PAGE

4

CHECK	VEND#	••••. INVOICE ••....••EXPENSED  TO...		VENDOR	NAME		
DATE		DATE	INVOICE	YRMO	DPT  ACCT#	SUB	SUBCLASS			

STATUS	AMOUNT	.••• CHECK .•••.	
		AMOUNT	#	

12/11/19	00005	

-----	- - -	
12/11/19		00017		
----	-	- -	-	
12/18/19		00007		

12/07/19		88841		201911		310-51300-31500		
		PRP	MTG/PARCEL		PLAT/AGREE		
----	-	- -	-	----	-	- -	LATHAM,		
							-----		
11/06/19		29840		201910		320-53800-47100		
		MONITORING	REPORT	-	SFWMD		
----	-	- -	-	- -	- -	-	-	-	MODICA		
									-----		
12/12/19		53869		201910		320-53800-46200		
12/12/19		PARCEL	L-PH1-MAINT-SEP19		
		53869		201910		320-53800-46200		
12/12/19		PARCEL	L-PH1-MAINT-OCT19		
		53869A	201911		320-53800-46200		
12/12/19		PARCEL	L-PH1-MAINT-NOV19		
		53869B	201912		320-53800-46200		
		PARCEL	L-PH1-MAINT-DEC19		

LUNA,	EDEN	&	BEAUDINE

&	ASSOCIATES,	INC.

*		2,203.50				
							
----	-	-	-----	2,203.50	000449		
				----			
*		1,500.00				
							
----	-	-	-----	1,500.00	000450		
				----			
*			709.94				
							
*			709.94				
							
*			709.94				
							
*			709.94				

--------
12/18/19	00023

----	----	-	- - -	-	------	DOWN	TO	EARTH	LAWNCARE	II,	INC.		
						-							
12/08/19	1697		201912	320-53800-48000							
	INSPCT.SIGN/RPLC	PHOTOCEL								

- - -	-	- -	- -	-	-	-	2,839.76	000451		
							----			
*			212.	00						

-12/23/19----	- -	-		
	00023			
-----	- -	-		
12/23/19	00017			

----	-	- - -	-	----	-----	HERITAGE		
						- -			
12/18/19		1738		201912	320-53800-48000			
		INSPCT.SIGN/RPLC  PHOTOCEL	HERITAGE		
----	-	- - -	-	----	-----			
						- -			
12/06/19		29951		201911	320-53800-47100			
		AGENCY		SITE  VISIT	MODICA			
							&		

SERVICE	SOLUTIONS	LLC

SERVICE	SOLUTIONS	LLC

ASSOCIATES,	INC.

- -	-	-	- -	-	-	-	-	-	-	212.00	000452		
										- - -			
*				212.00							
													
- -	-	-	- - -	-	-	-	-	-	212.00	000453		
									- - -			
*				700.00							
													
- -	-	- - -	-	-	-	- -	-	700.00	000454		
								- - -			

1/08/20	00012	12/31/19	182585	201912	320-53800-47000				
			AQUATIC	PLANT	MGMT	DEC19				
						APPLIED	AQUATIC	MANAGEMENT,	INC.	

*						285.00						
												
-	-	-	-	-	-	----	-	-	285.00	000455		
									- - -			

1/10/20

00002

1/01/20 1/01/20 1/01/20 1/01/20 1/01/20 1/01/20

113	202001	310-51300-34000	
MANAGEMENT  FEES-JAN20	
113	202001	310-51300-35100	
INFORMATION  TECH-JAN20	
113	202001	310-51300-31300	
DISSEMINATION  FEE-JAN20	
113	202001	310-51300-51000	
OFFICE  SUPPLIES		
113	202001	310-51300-42000	
POSTAGE		
114	202001	320-53800-12000	
FIELD	MANAGEMENT-JAN20	
		GOVERNMENTAL	

MANAGEMENT

S.ERVICES

*	2,916.67			
					
*	100	.00			
					
*	875.00			
					
*		.48			
					
*	13.59			
					
*	1,250.00			
					
		5,155.74	000456		

STOR

-STOREY	PARK-

TVISCARRA

AP300R				YEAR-TO-DATE	ACCOUNTS  PAYABLE  PREPAID/COMPUTER	CHECK	REGISTER		
*** CHECK	DATES	10/17/2019	-						
				01/16/2020  ***	STOREY	PARK  -	GENERAL	FUND				
					BANK  A	GENERAL	FUND					

RUN	1/16/20	PAGE	5	

CHECK	VEND#	•.•.. INVOICE ...... . •EXPENSED	TO...		VENDOR	NAME	STATUS		
DATE		DATE	INVOICE	YRMO	DPT	ACCT#	SUB	SUBCLASS				

AMOUNT

•••• CHECK • . ...
AMOUNT	#

1/15/20

00007

12/31/19 1/10/20 1/10/20 1/10/20

55318	201912	320-53800-47300	
RPR/RPLC  SPRAY/ROTOR/HEAD	
53814	202001	320-53800-46200	
LANDSCAPE  AREAS	1-5  JAN20	
53814	202001	320-53800-46200	
LANDSCAPE  COMMON  AREAS	
53814	202001	320-53800-46200	
PARCEL	L-PH1-MAINT-JAN20	
		DOWN	

TO

EARTH

LAWNCARE

II,

INC.

*

*

*

*

643.21

11,113.57

8,660.00

709.94

21,126.72	000457	

TOTAL	FOR	BANK	A

TOTAL	FOR	REGISTER

415,953.97

415,953.97

STOR

-STOREY	PARK-

TVISCARRA

.

SECTION

.	.

2

•

•	•

•

•	•

Storey

Park

Community

Development District

Unaudited Financial Reporting

December 31, 2019

•

•

	Table of Contents	
1	Balance Sheet	
2	General Fund Income Statement	
3	Debt Service Fund Series 2015	
4	Debt Servlce Fund Series 2018	
5	Debt Service Fund Series 2019	
6	Capital Projects Series 2015	
7	Capital Projects Series 2018	
8	Capital Projects Series 2019	
9	Month to Month	
10	Long Term Debt Summary	
11	FY20 Assessment Receipt Schedule	
12-14	construction Schedule Series 2015	
15-16	Construction Schedule Series 2018	

17	Construction Schedule Series 2019

Storey Park

COMMUNITY DEVELOPMENT DISTRICT

BALANCE SHEET

December 31, 2019

ASSETS:

CASH

DUE FROM GENERAL FUND

SERIES 2015

RESERVE

REVENUE

INTEREST

SINKING FUND

CONSTRUCTION

SERIES 2018

RESERVE

REVENUE

SINKING FUND

CONSTRUCTION

SERIES 2019

RESERVE

REVENUE

SINKING FUND

CONSTRUCTION

COST OF ISSUANCE

TOTAL ASSETS

LIABILITIES:

ACCOUNTS PAYABLE

DUE TO DEBT SERVICE 2015

DUE TO DEBT SERVICE 2018

DUE TO DEBT SERVICE 2019

FUND EOUIJY;		
FUND BALANCES:	
RESTRICTED	FOR DEBT SERVICE 2015	
RESTRICTED	FOR DEBT SERVICE 2018	
RESTRICTED	FOR DEBT SERVICE 2019	
RESTRICTED	FOR CAPITAL PROJECTS 2015	
RESTRICTED	FOR CAPITAL PROJECTS 2018	
RESTRICTED	FOR CAPITAL PROJECTS 2019	

General

Fund

$450,542

$450,542

$928

$137,170

$70,388

$40,900

Debt Service

Fund

$248,458

$314,174

$128,846

$31

$24

$64,164

$34,104

$12

$120,895

$67,086

$977,793

$580,245

$168,668

$228,880

Capital Projects

Fund

$15

$580

$3,629,948

$6,791

$3,637,334

$15

$580

$3,636,739

Totals

2020

$450,542

$248,458

$314,174

$128,846

$31

$24

$15

$64,164

$34,104

$12

$580

$120,895

$67,086

$0

$3,629,948

$6,791

$S,065,669

$928

$137,170

$70,388

$40,900

$580,245

$168,668

$228,880

$15

$580

$3,636,739

UNASSIGNED

TOTAL LIABILITIES & FUND EQUITY

$201,156		
$450,542	$977,793	

$3,637,334

$201,156

$5,065,669

Storey Park

COMMUNITY DEVELOPMENT DISTRICT

GENERAL FUND

Statement of Revenues & Expenditures

For The Period Ending December 31, 2019

ADOPTED	PRORATED BUDGET
BUDGET	THRU 12/31/19

ACTUAL
TH RU 12/31/19

VARIANCE

REVENUES:			
ASSESSMENTS·TAX ROLL	
ASSESSMENTS -	DIRECT BILLED	
DEVELOPER CONTRIBUTIONS	
INTEREST			
TOTAL REVENUES	
EXPENDITURES;		
ADMINISTRATIVE:	
ENGINEERING		
ATTORNEY			
ARBITRAGE			
DISSEMINATION	AGENT	
ANNUAL	AUDIT		
TRUSTEE	FEES		
ASSESSMENT ADMINISTRATION	
MANAGEMENT FEES	
INFORMATION TECHNOLOGY	
TELEPHONE			
POSTAGE				
INSURANCE			
PRINTING &	BINDING	
LEGAL AOVERTISI NG	
OTHER CURRENT CHARGES	
PROPERTY APPRAISER	
OFFICE SUPPLIES		
DUES, LICENSE &	SUBSCRITIONS	
OPERATION & MAINTENANCE	
CONTRACT SERVICES	
FIELD MANAGEMENT	
LANDSCAPE	MAINTENANCE·CONTRACT	
LAKE MAINTENANCE	
MITIGATION MONITORING & MAINTENANCE	
REPAIRS & MAINTENANCE	
REPAIRS·GENERAL	
OPERATING	SUPPLIES	
LANDSCAPE	CONTINGENCY	
IRRIGATION	REPAIRS	
ROADWAYS	& SIDEWALKS	
TRAIL MAINTENANCE	
SIGNAGE				
UTILITY				
ELECTRIC				
STREETLIGHTS		
WATER & SEWER		
OTHER				
PROPERTY INSURANCE	
TOTAL EXPENDITURES	
EXCESS REVENUES (EXPENDITURES)	
FUND BALANCE .	Beginning	
FUND BALANCE·	Ending	

$436,23S	$436,235	$183,325		
$124,945	$62,473	$62,473		
$170,972	$42,743	$0		
	$0	$0	$9		
$732,152	$541,450	$245,807		
$12,000	$3,000	$2,909		
					
$25,000	$6,250	$5,049		
$600	$0	$0		
$11,000	$2,750	$2,625		
$5,600	$500	$500		
$10,500	$3,500	$3,500		
					
$5,000	$5,000	$5,000		
$35	,000	$8,750	$8,750		
$2,400	$600	$300		
$300	$75	$11		
					
$1,000	$250	$56		
$6,000	$6,000	$5,533		
$1,000	$250	$71		
$1,925	$481	$0		
$1,000	$250	$17		
$700	$700	$924		
$625	$156	$6		
$175	$175	$175		
$15,000	$3,750	$3,750		
$372,707	$93,177	$62,160		
$17,820	$4,4S5	$855		
$10,300	$2,575	$2,200		
$S,OOO	$1,250	$1,918		
					
$5,000	$1,250	$0		
					
$10,000	$2,500	$0		
					
$10,000	$2,500	$1,403		
$10,000	$2,500	$0		
					
$2,500	$625	$0		
$5,000	$1,250	$0		
$3,000	$750	$87		
$115,000	$28,750	$24,664		
$25,000	$6,250	$1,847		
$6,000	$6,000	$2,154		
$732,152	$196,269	$136,462		
	$0		$109,345		
	$0		$91,811		
	$0		$201,156		

($252,910)

$0

($42,743)

$9

($295,644)

$91

$1,202

$0

$125
so

$0

$0

($0)

$300

$64

$194

$467

$180

$481

$233

($224)

$151

$0

$0

$31,016

$3,600

$375

($668)

$1,250

$2,500

$1,097

$2,500

$625

$1,250

$663

$4,086

$4,403

$3,846

$59,807

2

Storey Park	
COMMUNITY DEVELOPMENT DISTRICT	
DEBT SERVICE FUND	
	Series 2015	
Statement of Revenues & Expenditures	
For The Period Ending December 31, 2019	
ADOPTED	PRORATED BUDGET	
BUDGET	THRU 12/31/19	

ACTUAL

THRU 12/31/19

VARIANCE

REVENUES:			
ASSESSMENTS	-	TAX ROLL	
ASSESSMENTS	-	DIRECT BILLED	
INTEREST			
TOTAL REVENUES	
EXPENDITURES;		
INTEREST - 11/1		
PRINCIPAL -11/1	
INTEREST - 5/1			
TOTAL EXPENDITURES	
EXCESS REVENUES (EXPENDITURES)	
FUND BALANCE	- Beginning	
FUND BALANCE	- Ending	

$483,751	$203,294	$203,294	$0		
$123,292	$61,646	$61,646	$0		
$2,500	$625	$2,518	$1,893		
$609,543	$265,565	$267,457	$1,893		
					
$218,259	$218,259	$218,259	$0		
$170,000	$170,000	$170,000	$0		
$214,8S9	$0	$0	$0		
					
$603,118	$388,259	$388,259	$0		
$6,42S		($120,802)			
$412,079		$701,047			
$418,504		$580,245			

3

Storey Park

COMMUNITY DEVELOPMENT DISTRICT

DEBT SERVICE FUND

Series 2018

Statement of Revenues & Expenditures

For The Period Ending December 31, 2019

ADOPTED	PRORATED BUDGET

BUDGET	THRU 12/31/19

ACTUAL

THRU 12/31/19

VARIANCE

REVENUES:			
ASSESSMENTS-	TAX ROLL	
INTEREST			
TOTAL REVENUES	
EXPENDITURES:			
INTEREST - 12/15		
PRINCIPAL- 6/15		
INTEREST - 6/15			
TOTAL EXPENDITURES	
EXCESS REVENUES (EXPENDITURES)	
FUND BALANCE	-	Beginning	
FUND BALANCE	-	Ending	

$248,827	$104,318	$104,318	$0		
					
$500	$125	$455	$330		
$249,327	$104,443	$104,774	$330		
					
$91,291	$91,291	$91,291	$0		
$65,000	$0	$0	$0		
					
$91,291	$0	$0	$0		
					
$247,582	$91,291	$91,291	$0		
$1,745		$13,483			
$96,820		$155,185			
$98,565		$168,668			

4

Storey Park

COMMUNITY DEVELOPMENT DISTRICT

DEBT SERVICE FUND

Series 2019

Statement of Revenues & Expenditures

For The Period Ending December 31, 2019

ADOPTED	PRORATED BUDGET

BUDGET	THRU 12/31/19

ACTUAL

THRU 12/31/19

VARIANCE

REVENUES:			
ASSESSMENTS-TAX ROLL	
ASSESSMENTS -	DIRECT BILLED	
INTEREST			
TOTAL REVENUES	
EXPENDITURES:			
INTEREST - 12/15		
PRINCIPAL- 6/15		
INTEREST - 6/15			
TOTAL EXPENDITURES	
EXCESS REVENUES (EXPENDITURES)	
FUND BALANCE	-	Beginning	
FUND BALANCE	-	Ending	

$144,240	$60,502	$60,502	$0		
$95,151	$47,362	$47,362	$0		
$500	$125	$649	$524		
$239,891	$107,989	$108,513	$524		
$83,519	$83,519	$83,519	$0		
$70,000	$0	$0	$0		
					
$83,519	$0	$0	$0		
					
$237,038	$83,519	$83,519	$0		
$2,853		$24,994			
$83,539		$203,886			
$86,392		$228,880			

5

REVENUES:

INTEREST

TOTAL REVENUES

EXPENDITURES:

CAPITAL OUTLAY

TOTAL EXPENDITURES

EXCESS REVENUES (EXPENDITURES)

FUND BALANCE • Beginning

FUND BALANCE - Ending

Storey Park	
COMMUNITY DEVELOPMENT DISTRICT	
CAPITAL	PROJECTS FUND	
Series 2015	
Statement of Revenues & Expenditures	
For The Period Ending December 31, 2019	
ADOPTED	PRORATED BUDGET	
BUDGET	THRU 12/31/19	
$0	$0	
$0	$0	
$0	$0	
$0	$0	
$0		
$0		
$0		

ACTUAL

THRU 12/31/19

$0

$0

$0

$0

$0

$15

$15

VARIANCE

$0

$0

$0

$0

6

Storey Park

COMMUNITY DEVELOPMENT DISTRICT

CAPITAL PROJECTS FUND

Series 2018

Statement of Revenues & Expenditures

For The Period Ending December 31, 2019

ADOPTED	PRORATED BUDGET
BUDGET	THRU 12/31/19

ACTUAL
THRU 12/31/19

VARIANCE

REVENUES:

INTEREST

TOTAL REVENUES

EXPENDITURES:

CAPITAL OUTLAY - CONSTRUCTION

TRANSFER OUT

TOTAL EXPENDITURES

EXCESS REVENUES (EXPENDITURES)

FUND BALANCE - Beginning

FUND BALANCE - Ending

$0	$0	$3		
$0	$0	$3		
$0	$0	$0		
$0	so	so		
				
$0	$0	$0		
$0		$3		
$0		$577		
$0		$580		

$3

$3

$0

$0

$0

7

Storey Park

COMMUNITY DEVELOPMENT DISTRICT

CAPITAL PROJECTS FUND

Series 2019

Statement of Revenues & Expenditures

For The Period Ending December 31, 2019

ADOPTED	PRORATED BUDGET
BUDGET	THRU 12/31/19

ACTUAL
THRU 12/31/19

VARIANCE

REVENUES:

INTEREST

TOTAL REVENUES

EXPENDITURES:

CAPITAL OUTLAY - CONSTRUCTION

TOTAL EXPENDITURES

EXCESS REVENUES (EXPENDITURES)

FUND BALANCE - Beginning

FUND BALANCE - Ending

$0	$0	$16,104	
$0	$0	$16,104	
$0	$0	$0	
$0	$0	$0	
$0		$16,104	
$0		$3,620,635	
$0		$3,636,739	

$16,104

$16,104

$0

$0

8

REVENUES·						
ASSESSMENTS - TAX ROll				
ASSESSMENTS -	DIRECT Bill.ED			
DEVELOPER CONTRIBUTIONS				
INTEREST				I		
TOTAL REVENUES					
					
EXPENDITURES'					
APM1NlST1tUIV£·				
ENGINEERING					
ATTORNEY						
ARBITRAGE						
DISSEMINATION	AGENT				
ANNUALAUOfT					
TRUSTEE FEES					
ASSESSMENT ADMINISTRATION			
MANAGEMENT FEES				
INFORMATION TECHNOLOGY				
TELEPHONE						
POSTAGE						
INSURANCE						
PRINTING & BINDING				
LEGAL ADVERTISING				
OTHER CURRENT CHARGES				
PROPERTY APPRAISER				
OFFICE SUPPLIES				
DUES, LICENSES &SUBSCRIPTIONS			
OPERA'IJ.Q/1 I	MdetmtlS~(·				
CONTRACr SERVICES				
FIELD MANAGEMENT				
lANDSCAPE	MAINTENANC£				
WE MAINTENANCE				
MITIGATION MONITORING &	MAINTENANCE		
REPAIRS & MAINTENANCE				
REPAIRS· GENERAL				
OPERATING	SUPPLIES				
LANDSCAPE	CONTINENCY				
IRRIGATION	REPAIRS				
ROADWA.~	&SIDEWALKS				
TRAIL MAINTENANCE				
SIGNAGE						
UTIUTY						
ELECTRIC						
STREETLIGHTS					
WATER &SEWER				
IJTHER						
PROPERT INSURANCE		I		
TOTALEXPENDrTVRES				
				
EXCESS REVENUES	(EXPENDmJAESJ	I		

""

$0

$0

$0

$1

!t

$2.909

$2.845
so

$875

$500

$3,500

$5,000

$2.917

$100

$11

$4

$5,533

$29

$0

$0

$924
so

$175

$1,250

$21.193

$285

$1,500

$0
so

so

$760
so

so

so

$28

$6,164

$530

$2,154

$59,185

!559,183)

Nov	"'"		
			
$11,974	$171.351		
$62,473	$0		
$0	$0		
$2	$6		
114,448	h 11.3s1		
$0	$0		
$2,204	$0		
$0	$0		
$875	$875		
$0	so		
$0	$0		
$0	$0		
$2,917	$2,917		
$100	$100		
$0	$0		
$32	$20		
so	$0		
$41	$0		
$0	$0		
$17	$0		
$0	$0		
$5	$0		
$0	so		
$1,250	$1,250		
$20,484	$20,484		
$285	$285		
$700	so		
s1,4g4	$424		
so	$0		
$0	$0		
$0	$643		
$0	so		
$0	$0		
$0	$0		
$27	$33		
$9,250	sg,2s0		
$646	$671		
$0	so		
$40,325	$36,952		
$34,123	$134,405		

	Storey Park		
Community Development District	
Jan	F,b	Ma,	
$0	$0	$0	
$0	$0	$0	
$0	$0	$0	
$0	$0	$0	
$0	$0	$0	
$0	$0	$0	
$0	$0	$0	
$0	$0	$0	
$0	so	$0	
$0	$0	$0	
$0	$0	$0	
so	so	$0	
so	so	$0	
$0	so	$0	
so	so	$0	
so	so	$0	
$0	so	$0	
$0	so	$0	
so	so	$0	
so	so	$0	
so	so	$0	
so	so	so	
so	so	$0	
so	so	so	
so	$0	$0	
so	$0	$0	
so	$0	$0	
$0	so	so	
$0	$0	so	
$0	$0	$0	
$0	$0	$0	
$0	$0	$0	
$0	$0	$0	
$0	so	$0	
$0	$0	$0	
so	$0	so	
$0	$0	$0	
$0	so	so	
$0	$0	$0	
so	so	$0	

•e:

$0

$0

$0

$0

!'ii

$0

$0

so

$0

$0

$0

so

so

so

so

so

so

so

so

so

so

so

so

$0

$0
so

$0

$0

$0
so

$0
so

so

so

$0

$0

$0

$0

so

so

M:!j

$0

$0

$0

$0

$0

$0

$0

$0

SD

$0

so

so

$0

$0
so

so

so

so

$0

$0
so

so

so

$0

$0

$0

$0

$0

$0

$0

$0

$0

$0
so

$0

$0

$0

$0

$0

$0

Jun

$0

$0

$0

$0

so

$0

$0
so

$0
so

so

so

$0
so

so

so

so

$0

$0

$0
so

$0

so

so

$0

$0

$0

$0

$0

$0

$0

$0

$0

$0

so

so

$0

$0

$0

so

Jul

$0

$0

$0

$0

!'ii

$0

$0

$0

$0

$0
so

$0
so

so

so

$0
so

$0
so

so

so

so

so

so

$0

$0

$0

$0

$0

$0

$0
so

so

so

$0

$0

$0

$0

$0

$0

A!5

$0

$0

$0

$0

$0

$0

$0

$0

$0

$0

$0

$0

$0

$0

$0
so

so

$0

$0

$0
so

$0

$0

so

$0
so

so

$0

$0

$0

$0

$0

$0
so

$0

$0

so

$0

$0

$0

Sept	Total			
$0	$183,325			
$0	$62,473			
$0	$0		
$0	$9			
$0	s24s.so1	J	
$0	$2.909			
$0	$5,049			
$0	$0			
$0	$2,625			
$0	$500			
$0	$3,500			
$0	$5,000			
$0	$8.750			
$0	$300			
$0	$11			
so	$56			
so	$5,533			
so	$71			
$0	$0			
so	$17			
so	$924			
so	$6			
$0	$175			
so	$3,750			
$0	$62,160			
$0	$855			
so	$2,200			
$0	$1,918			
$0	so			
$0	$0			
$0	$1,403			
$0	$0			
$0	so			
$0	$0			
$0	$87			
so	$24,664			
so	$1,847			
$0	$2.154			
so	$136,462	]		
so	$109,3451		

9

STOREY

PARK

COMMUNITY

DEVELOPMENT

DISTRICT

LONG

TERM

DEBT

REPORT

SERIES

2015,

SPECIAL

ASSESSMENT

BONDS

(ASSESSMENT

AREA

ONE

PROJECT)

INTEREST RATES:

MATURITY DATE:

RESERVE FUND DEFINITION

RESERVE FUND REQUIREMENT

RESERVE FUND BALANCE

BONDS OUTSTANDING - 9/30/15

LESS: PRINCIPAL PAYMENT 11/1/16

LESS: PRINCIPAL PAYMENT 11/1/17

LESS: PRINCIPAL PAYMENT 11/1/18

LESS: PRINCIPAL PAYMENT 11/1/19

CURRENT BONDS OUTSTANDING

4.000%, 4.500%, 5.000%, 5.125%

11/1/2045

50% OF MAXIMUM ANNUAL DEBT SERVICE

$303,522

$314,174

$9,210,000

($90,000)

($155,000

($160,000)

($170,000)

$8,635,000

SERIES

2018,

SPECIAL

ASSESSMENT

BONDS

(ASSESSMENT

AREA

TWO

PROJECT)

INTEREST RATES:

MATURITY DATE:

RESERVE FUND DEFINITION

RESERVE FUND REQUIREMENT

RESERVE FUND BALANCE

BONDS OUTSTANDING - 5/22/18 LESS: PRINCIPAL PAYMENT 6/15/19

CURRENT BONDS OUTSTANDING

3.	750%,	4.375%, 4.875%,	5.000%	
	6/15/2048		
25% OF	MAXIMUM ANNUAL DEBT SERVICE	
		$62,200		
		$64,164		
			$3,865,000	
			($65,000)	
			$3,800,000	

SERIES

2019,

SPECIAL

ASSESSMENT

BONDS

(ASSESSMENT

AREA

THREE

PROJECT)

INTEREST RATES:

MATURITY DATE:

RESERVE FUND DEFINITION

RESERVE FUND REQUIREMENT

RESERVE FUND BALANCE

3.500%, 3.750%, 4.	250%,	4.400%	
6/15/2049			
50% OF MAXIMUM ANNUAL DEBT SERVICE	
$119,695			
$120,895			

BONDS OUTSTANDING - 5/31/19

CURRENT BONDS OUTSTANDING

$3,995,000

$3,995,000

10

DATE

RECEIVED

				STOREY PARK										
			COMMUNITY DEVELOPMENT DISTRICT								
				SPECIAL ASSESSMENT RECEIPTS - FY2020									
				TAX COLLECTOR										
			GROSS ASSESSMENTS	1,396,233	$	464,080	$	S14,629	$	264,077	153,447			
			NET ASSESSMENTS	1,3U,459	$	436,235	$	483,751	$	248,232	144,240			
	GROSS ASSESSMENTS	DISCOUNTS/	COMMISSIONS						2015		2018	2019			
				INTEREST	NET AMOUNT	GENERAL FUND	DEBT SERVICE	DEBT SERVICE	DEBT SERVICE	TOTAL		
DIST,	RECEIVED	PENALTIES	PAID	INCOME	RECEIVED		33.24%		36,86%					
											18,91%	10.99%	100%		

11/7/ 19

11/14/19

11/21/19

12/5/19

lZ/12/19

lZ/19/19

1/9/20

TOTALS

$

$

$

$
$

$
$
$

$

$

$
$

$
$

$

1,086.88	
12,400	.96	
24,044	.83	
149,346.02	
314,973.87	
72,398.65	
616,037.71	

1,190,288.92

$
$

$
$

$

$
$
$

$

$

$
$

$
$

$

$

49.	08	
496.03	
961.79	
5,973.72	
12,598.	91	
2,895.95	
24,641.11	

47,616.59

$
$
$
$

$

$
$

$

$
$
$
$

$
$
$

$
$

$
$
$

$

$
$
$

$
$

$

$
$
$

$

277.09

217,09

$	1,037.80	
$	11,904.93	
$	23,083.04	
$	143,3n.30	
$	302,652.05	
$	69,502.70	
$	591,396.60	
$		
$		
$		
$		
$		
$		
$		
$		
$	1,142.949,42	

$
$

$
s
$

$
$

$
$
$

$
$

$

$

$

344.94	
3,956.96	
7,672.	34	
47,654.	08	
100,S9S.47	
23,101.30	
196,568.37	

379	,893	.06	

$
$
$
s
$

$
$
$

$
$

$

$
$

$

$

$

	382	.52	
4,387	.97	
8,508.04	
52,	844	.73	
111,552.69	
25,	617.58	
217,	979	.30	

42	1 272.82	

$

$

$
$
$
$

$

$

$
$
$
$

$

$

$

196.28	
2,251	.64	
4,365	.82	
27,116	.77	
57,242.21	
13,145	.42	
111,854.01	

216,172.16

$

$
$

$
$

$
$

$
$
$

$
$

$
$

$

114.05

1,308.36

2,536.84

15,7S6.72

33,261.68

7,638.40

64,994.92

125,610.98

$		1,037.80	
$		11,904.93	
$		23,083 .04	
$		143,372.30	
$		302,652.05	
$		69,502.70	
$		591,396.60	
$			
$			
$			
$			
$			
$			
$			
$			
$	1,	141,9'9.41	

LENNAR HOMES UC

DATE

RECEIVED

11/25/19

DUE

DATE

11/1/19

2/1/20

4/1/20

CHECK

ND.

01338022

	DIRECT BIUED ASSESSMENTS								
	$342,961.11				$124,945.03	$123,292.28		$94,723.	80	
	NET		AMOUNT		GENERAL		SERIES		SERIES	
	ASSESSED		RECEIVED		FUND		2015		2019		
$	171,480,55	$	171,480.55	$	62,472.51	$	61,646.14	$	47,361.90	
$	85,740.28	$		$		$		$			
$	85,740.28	$		$		$		$			
$	342,961.11	$	171,480.55	$	62,472.51	$	61,646.14	$	47,361.90	

11

Storey Park

Community Development District

Special

Assessment

Bonds,

Series

2015

(Assessment

Area

One

Project)

Date	Requisition #

Fiscal Year 2015

9/25/15	1

Fiscal Year 2015

9/1/15

Contractor	Description

Lennar Corporation	Assesment Area One Costs

TOTAL

Interest

TOTAL

Acquisition/Construction Fund at 8/28/15

Interest Earned thru 9/30/15

Requisitions Paid thru 9/30/15

Remaining Acquisition/Construction Fund

	Requisitions	
$	4,929,563.38	
$	4,929,563.38	

$		
$		
$	8,382,013.52	
$		
$	(4,929,563.38)	
$	3,452,450.14	

Date	Requisition #

Fiscal Year 2016

1/7/16	2	
4/13/16	3	
8/8/16	4	
Fiscal Year 2016		

Contractor	Description	Requisitions

Poulos & Bennett	Review & Certification of Req.l	$	1,370.75		
Lennar Corporation	Assessment Area One Costs	$	1,253,954.70		
Latham, Shuker, Eden & Beaudine	Reimbursement of Bond Filing & Publication of Notice	$	1,463.59		
TOTAL		$	1,256,789.04		

10/1/15

11/1/15

12/1/15

1/1/16

2/1/16

3/1/16

4/1/16

5/1/16

6/1/16

7/1/16

8/1/16

9/1/16

Interest

Interest

Interest

Interest

Interest

Interest

Interest

Interest

Interest

Interest

Interest

Interest

TOTAL

Acquisition/Construction Fund at 10/1/15

Interest Earned thru 9/30/16

Requisitions Paid thru 9/30/16

Remaining Acquisition/Construction Fund

$	40.13	
$	29.33	
$	28.38	
$	182.41	
$	470.10	
$	561.99	
$	658.81	
$	515.96	
$	451.85	
$	465.27	
$	463.99	
$	480.02	
$	4,348.24	
$	3,452,450.14	
$	4,348.24	
$	(1,256,789.04)	
$	2,200,009.34	

12

Date	Requisition #

Fiscal Year 2017

6/30/17	5

Fiscal Year 2017

10/1/16

11/1/16

12/1/16

1/1/17

2/1/17

3/1/17

4/1/17

5/1/17

6/1/17

7/1/17

8/1/17

9/1/17

Storey Park

Community Development District

Special Assessment Bonds, Series 2015

(Assessment Area One Project)

Contractor	Description	
Lennar Corporation	Reimbursement costs for Phase 3	
TOTAL		
Interest		
Interest		
Interest		
Interest		
Interest		
Interest		
Interest		
Interest		
Interest		
Interest		
Interest		
Interest		
TOTAL		
Acquisition/Construction Fund at 9/30/16	
	Interest Earned thru 9/30/17	
	Requisitions Paid thru 9/30/17	
Remaining Acquisition/Construction Fund	

	Requisitions	
$	2,205,691.09	
$	2,205,691.09	
$	485.90	
$	498.48	
$	498.02	
$	632.80	
$	788.57	
$	753.84	
$	944.69	
$	1,079.45	
$	1,178.65	
$	1,294.26	
$	1.73	
$	1.86	
$	8,158.25	
$	2,200,009.34	
$	8,158.25	
$	{2,205,691.09)	
$	2,476.50	

Date

Fiscal Year 2018

Fiscal Year 2018

10/1/17

11/1/17

12/1/17

1/1/18
2/1/18

3/1/18

4/1/18

4/30/18

5/1/18

6/1/18

7/1/18

8/1/18

9/1/18

Requisition

#

Contractor	Description	
TOTAL		
Interest		
Interest		
Interest		
Interest		
Interest		
interest		
interest		
Transfer In	Transfer from Reserve Account	
Interest		
Interest		
Interest		
Interest		
Interest		
TOTAL		
	Acquisition/Construction Fund at 9/30/17	
	Interest Earned thru 9/30/18	
	Requisitions Paid thru 9/30/18	
	Remaining Acquisition/Construction Fund	

	Requisitions	
$		
$	1.84	
$	1.99	
$	1.93	
$	2.26	
$	2.52	
$	2.37	
$	2.92	
$	3,548.80	
$	3.16	
$	8.29	
$	8.52	
$	9.24	
$	9.33	
$	3,603.17	
$	2,476.50	
$	3,603.17	
$		
$	6,079.67	

13

Storey Park

Community Development District

Special Assessment Bonds, Series 2015

(Assessment Area One Project)

Date	Requisition #	Contractor		Description	
Fiscal Year 2019					
3/7/19	6	Governmental Management Services-CF	Invoice #88 -	Construction Accounting	
5/24/19	7	Lennar Corporation	Phase 3 Construction Costs	
		TOTAL			

	Requisitions	
$	3,500.00	
$	2,643.84	
$	6,143.84	

Fiscal Year 2019

10/1/18

11/1/18

12/1/18

1/2/19

2/1/19

3/1/19

4/1/19

5/1/19

6/3/19

7/1/19

8/1/19

9/1/19

Date	Re9 ulsltlon #	
Fiscal Year	2020	
Fis ca I Year	2020	
10/1/19	
11/1/19	
12/1/19	

Interest

Interest

Interest

Interest

Interest

Interest

Interest

Interest

Interest

Interest

Interest

Interest

TOTAL

Acquisition/Construction Fund at 9/30/18

Interest Earned thru 9/30/19

Requisitions Paid thru 9/30/19

Remaining Acquisition/Construction Fund

Contractor	Descrietlon

TOTAL

Interest

Interest

Interest

TOTAL

Acquisition/Construction Fund at 9/30/19

Interest Earned thru U/31/19

Requisitions Paid thru 12/31/19

Remaining Acquisition/Construction Fund

$	9.36	
$	10.50	
$	10.47	
$	11.26	
$	11.83	
$	10.75	
$	6.25	
$	5.02	
$	3.67	
$	0.03	
$	0.03	
$	0.03	
$	79.20	
$	6,079.67	
$	79.20	
$	(6,143.84)	
$	15.03	

	Requisitions	
$		
$	0.02	
$	0.02	
$	0.02	
$	0.06	
$	lS.03	
$	0.06	
$		
$	15.09	

14

Storey Park

Community Development District

Special Assessment Bonds, Series 2018

(Assessment Area Two Project)

Date	Requisition#	
Fiscal Year 2018		
Fiscal Year 2018		
6/1/18		
7/1/18		
8/1/18		
9/1/18		

Contractor	Description	
TOTAL		
Interest		
Interest		
Interest		
Interest		
TOTAL		
Acquisition/Construction Fund at 5/22/18	
	Interest Earned thru 9/30/18	
	Requisitions Paid thru 9/30/18	
Remaining Acquisition/Construction Fund	

	Requisitions	
$		
$	1,582.37	
$	4,977.51	
s	5,386.33	
$	5,443.01	
$	17,389.22	
$	3,534,179.36	
$	17,389.22	
$		
$	3,551,568.58	

Date	Requisition #	Contractor		
Fiscal Year 2019				
10/3/18	1	Lennar Homes,	LLC	
3/7/19	2	Governmental Management Services-CF	
5/23/19	3	Lennar Homes,	LLC	
		TOTAL		

Description	Requisitions

Construction Cost PH1&2,	Parcel L	$	3,445,499.01	
Invoice #89- Construction Accounting	$	3,500.00	
Construction Cost PH1&2,	Parcel L	$	109,419.03	
		$	3,558,418.04	

Fiscal Year 2019		
10/1/18	Interest	
11/1/18	Interest	
12/1/18	Interest	
1/2/19	Interest	
2/1/19	Interest	
3/1/19	Interest	
4/1/19	Interest	
5/1/19	Interest	
6/3/19	Interest	
7/1/19	Interest	
8/1/19	Interest	
9/1/19	Interest	
	TOTAL	

Acquisition/Construction Fund at 9/30/18

Interest Earned thru 9/30/19

Requisitions Paid thru 9/30/19

Remaining Acquisition/Construction Fund

$		5,466.72	
$		568.44	
s	192.33	
$		207.02	
$		217.46	
$		197.49	
$		214.51	
s	207.86	
$		151.79	
$		1.04	
$		1.09	
$		1.00	
$		7,426.75	
$		3,551,568.58	
$		7,426.75	
$	(3,558,418.04)	
$		577.29	

15

Date	Requisition#

Fiscal Year 2020

Fiscal Year 2020

10/1/19

11/1/19

12/1/19

Storey Park

Community Development District

Special Assessment Bonds, Series 2018

{Assessment Area Two Project)

Contractor	Description	
TOTAL		
Interest		
Interest		
Interest		
TOTAL		
Acquisition/Construction Fund at 9/30/19	
	Interest Earned thru 12/31/19	
	Requisitions Paid thru 12/31/19	
Remaining Acquisition/Construction Fund	

	Requisitions	
$		
$	0.95	
$	0.88	
$	0.74	
$	2.57	
$	577.29	
$	2.57	
$		
$	579.86	

16

Date	Regulsltlon #

Fiscal Year 2019

Fiscal Year 2019

6/3/19

7/1/19

8/1/19

9/1/19

Oate	Re quisition #

Flscal Year 2020

Fiscal Year 2020

10/1/19

11/1/19

12/1/19

Storey Park

Community Development District

Special Assessment Bonds, Series 2019

(Assessment Area Three Project)

Contractor	Descrletlon	
TOTAL		
Interest		
Interest		
Interest		
Interest		
TOTAL		
	Acquisition/Construction Fund at 5/31/19	
	Interest Earned thru 9/30/19	
	Requisitions Paid thru 9/30/19	
	Remaining Acquisition/Construction Fund	
Contractor	Descrietion	
TOTAL		
Interest		
Interest		
Interest		
TOTAL		
	Acquisition/Construction Fund at 9/30/19	
	Interest Earned thru 12/31/19	
	Requisitions Paid thru 12/31/19	
	Remaining Acquisition/Construction Fund	

	Requisitions	
$		
$	22S.8S	
$	6,663 .52	
$	6,810.72	
$	6,243.68	
$	19,943.77	
$	3,593,938.38	
$	19,943.77	
$		
$	3,613,882.15	
Requisitions	
$		
$	5,923.09	
$	5,484.17	
$	4,658.57	
$	16,065.83	
$	3,613,882.15	
$	16,065.83	
$		
$	3,629,947.98	

17

SECTION

3

STOREY PARK

COMMUNITY DEVELOPMENT

$9,210,000

DISTRICT

SPECIAL

ASSESSMENT SERIES 2015

BONDS

ARBITRAGE REBATE REQUIREMENT

AUGUST 31, 2019

fJ

Grau & Associates

CERTIFIED PUBLIC ACCOUNTANTS

951 Yamato Road •	Suite 280	
Boca Raton, Florida	33431	
(561} 994-9299 • (800} 299-4728	
Fax  (561) 994-5823		
www.graucpa.com		

October	31,	2019							
Storey Park Community Development District					
City of Orlando, Florida						
Re:	$9,210,000 Storey Park Community Development District				
					
	(City of Orlando, Florida),					
	Special Assessment Bonds, Series 2015 (the "Bonds")				
Storey Park Community Development District has requested that we prepare certain		
computations related to the above-described Bonds for the year ended August 31,		
2019  ("Computation  Period").  The  engagement  consisted  of the  preparation  of		
computations to	be used to assist in the determination of the amount, if any, of the		
Rebate	Requirement for the Bonds for the Computation  Period as described in		
Section 148(f) of the Internal Revenue Code of 1986, as amended ("Code").	You		
have the  ultimate  responsibility for your compliance with  arbitrage  rebate laws;		
therefore, you should review the calculations carefully.				
In  order	to	prepare  these  computatio.ns,  we	were  provided  with  the  following		
information: various trust statements and the Official Statement for the Bonds.  We		
did	not verify or otherwise audit the accuracy of information provided to us by	you or		
the Trustee,	and	accordingly, we express no opinion on such information.		The		
attached schedules are based upon the aforementioned information provided	to us.		
A brief description of the attached schedules is attached.				
The results of our	computations based on the information provided to us indicate a		
negative Rebate	Requirement of ($351,318) for August 31, 2019.  Consequently, our		
results indicate no	amount must be on deposit in	the Rebate Fund.				
The	Rebate Requirement has been determined	as described in the Code and	the		
Arbitrage Rebate	Regulations.  We have no obligation to update this report because		
of events occurring, or information coming to our attention, subsequent to the date of		
this report.	It is understood that these calculations are solely for the information of,		
and	assistance to, the addressee for the purpose of complying with the Code	and		
the	Arbitrage  Rebate	Regulations.  Our report	is  not to  be  used  for any other		
purpose.								
										
i?~J-~						

Grau

&

Associates

	DESCRIPTION OF ATTACHED SCHEDULES	
Summary of Rebate Calculations - Provides a summary of the rebate calculations.	
Purpose Expenditures	Future Value Report	- Verifies the rebate calculation.  The	
report future values the purpose expenditures by the arbitrage yield  limit to the	
computation date (August 31, 2019).		
Arbitrage Yield  Limit  (AYL)	Verification  Re	port - Verifies  the  calculation  of the	
arbitrage yield limit and the arbitrage gross proceeds.  Discounts the debt service	
schedule by the arbitrage yield limit.		
True Interest Cost (TIC) Verification  Report	- Verifies the calculation of the true	
interest cost and the gross proceeds.  Discounts the debt service schedule by the	
true interest cost.				
Unspent	Proceeds Report - Verifies the amount of unspent proceeds.  Lists purpose	
expenditures in chronological order.		

Internal Rate of Return (IRR) Report Via Purpose Expenditures - rate of return for the investment portfolio. This report presents

Verifies the internal values the purpose

expenditures by the

internal

rate

of return

to the

delivery

date.

Storey Park CDO

Special Assessment Bonds, Series 20l 5

Summary of Rebate Calculations

$ 9,2l0,000.00

Anniversary,Date. . . .	.;...... ..	, ... ... .. ,..... ......... ... .... ..... .	
Future-Value Date, ......... . . .	................................,....	
Arbitrage Yield Umit.	..........	. . . . . . . .. . . . . . . . .................... ..	
Total of Pu,pose Expenditures. ....	...... ......•........... .............	
Internal Rate ofReturn	. .... . . . .........	. .................. ,......... . . .	
90% of rebate liabilzry.	. ................ . ........ .................... .	
Full rebate liability. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ........... .	

Dated:	08/28/201.5	
Delivered:	08/28/2015	

05/01/2016

08/31./2019

5.1188657

$8,813,336.00

0.3867320

-$316, 185:76

-$351,317.51

STOREYPARK•2015-A I FY: 11	Mun-	EOB I 11/01/20191	15.:59	I Rpt22		
	EaseEtevateMainOb I 1B:95f					
Grau & Associates						
Grau & Associates CPAs					

Page	1	

Storey Park CDD

Special Assessment Bonds, Series 20 I 5

Purpos~ Expenditures Future Value Report

$ 9,210,000.00

Dated:

Delivered:

F_~ture Va/11edTo: .

08/28/2015 08/28/2015 08/31/2019

Tran,action Da1e

Group	Fund
ID	ID	Deicription

F11turr Value	Calculation Amt		FV	
Period!	(Int. Earnings)	Pool%	Factor	

FV

Amount

9/17/iO0S 8/28/2015 9/10/2015 9/10/2015 9/1012015 9/10120.15 9/10/2015 9110/2015 9/1012015 9/10/2015 9/1012015 9/10/2015 9/l0/2-015 9/10/2015 9/10/2015 9/10/2015 9/10/2015 9f25ti0t5 1/7/2016 3/18/2016 4/5/2016 4/13/2016 8/812016 6/30/2017 3/7/2019 5/24120.19 8/31/2019

2016	COI	Vendor payment	
-1	COi	Beg. Arbitrage Gross Proceeds	
2016	COJ	Vendor payment	
2016	COI	Vendor payment	
201.6	COi	Vendor payment	
2016	COi	Trustee reimbursement	
2016	COi	Vendor payment	
2016	COi	Vendor payment	
2016	COi	Vendor payment	
2016	COi	Vendor payment	
2016	COi	Vendor payment	
2016	COI	Vendor payment	
2016		Underwriter's Discount	
2016	COi	Vendor payment	
2016	COi	Vendor payment	
2016	COi	Vendor payment	
2016	COi	Vendor payment	
2016  :::ONSTRUCTI  Req payment	
2016  :::ONSTRUCTI  Req payment	
2016	RESERVE	Tranf	
2016	COi	Transfto close acct	
2016  CONSTRUCT  Reqpaymcnt	
2016  CONSTRUCT	Req payment	
2017  CONSTRUCT  Req payment	
2019  CONSTRUCT  Disbursement	
2019  CONSTRUCT Disbursement	
-1		Unspent Proceeds as ofOS/3112019	

27.911 llll

8.0166667

7.9500000

7.9500000

7.9500000

7.9500000

7.9500000

7.9500000

7.9500000

7.9500000

7.9500000

7.9500000

7.9500000

7.9500000

7.9500000

7,9500000

7.9500000

7.8666667

7.300-0000

6.9055556

6.8Hllll

6.7666667

6.1.277778

4.3388889

0.9666667

0.5388889

0.0000000

1,250.00	
-9, 100,563,60	
25,00M0	
27,500.00	
5,000.00	
-27,500.00	
27,500.00	
36,500.00	
37,500.00	
5,077.00	
1,551.00	
12,500.00	
197,278,00	
2;608.00	
51,000;00	
2,093.00	
1,954.00	
4,929;563.00	
1,371,00	
114.00	
8,223.00	
1,253,955.00	
1,464	.00	
2,205,691 .00	
3,500.00	
2,644.00	
312,258.00	
25,030.40	

I00.0000000	2.0246105	
100.0000000	I 2245818	
100.0000000	1.2225204	
100.0000000	!;2225204	
I00,0000000	1.2225204	
I00,0000000	1.2225204	
100.0000000	1.2225204	
100.0000000	1.2225204	
100.0000000	1.2225204	
100.0000000	l.2225204	
100.0000000	1.2225204	
100.0000000	l.2225204	
100.0000000	1.2225204	
100.0000000	l.2225204	
100.0000000	1.2225204	
100.0000000	1.2225204	
100.0000000	1.2225204	
100.0000000	1.2.199484	
100.0000000	1.2026021	
100.0000000	l. 1906735	
100.0000000	1.1878350	
I00.0000000	l.1865015	
100.0000000	1.1674979	
100.00000.00	1.1158915	
100.0000000	1.0247307	
100.0000000	1.0137121	
100.0000.000	1.00.00000	

2,530 76	
-11 ,144,384.81	
30,563.01	
33,619.31	
6,112.60	
-33,6'l9.31	
33,619:3 I	
44,621.99	
45,844.51	
6,206.74	
1,896.13	
15,281.50	
241,176.37	
3,188.33	
62,348,54	
2,558.74	
2,388	~80	
6,013,812.60	
1,648.71	
135.74	
9,767.57	
1,481,819.51	
l,709	22	
2,461,311.75	
3,58656	
2,680.25	
312,258.00	
-351,317.51	

Arbitrage YieldLiinit (AYL) ...............	5.1188.657	
lnterilal Rate ofReturn (IRR) ..............	0.3867320	
Future Jl'alued To. . .......................	8/31/2019	

STOREYPARK~2015°A I FY: 1. I Mun-EaseElevateMainDb I 1E!.95fEDB I11/01/2019I15:59 I Rpt15a

Grau & Associates
.
Grau & Associates CPAs

Page	1	

Storey Park CDD		
Special Assessment Bonds, Series 20	I 5	
A.Y.L. Verification Report		
9,2 l 0,000.00		

Dated:		08/2812015	
Delivered,·		08/28/2015	
FMS Bonds			
MSRB  30/	360	SEMI 4/3	

	Co,pon	
Period	Date	
2	05/01/2016	
3	11/0.1/2016	
4	05/01/2017	
5	11/01/2017	
6	05/01/2018	
7	11/01/2018	
8	05/01/2019	
9	ll/01/2019	
10	05/01/2020	
11	11/01/2020	

12	05/01/2021

13	11/01/2021

14	05/01/2022

15	11/01/2022

16	05/01/2023

17	11/01/2023	
18	05/01/2024	

19	11/01/2024

20	05/01/2025

21	11/01/2025	
22	05/0112026	
23	11/01/2026	
24	05/01/2027	
25	11/01/2027	
26	05/01/2028	
27	U/01/2028	
28	.05/01 /2029	
29	11/01/2029	
30	05/01/2030	
31	ll/01/2030	
32	05/01/2031	

33	11/01/2031

34	05/01/2032

35	11/01/2032

36	05/01/2033

37	11/01/2033

38	05/01/2034

39	11/01/2034	
40	05/01/2035	
41	l l/Ol/2035	
42	05/01/2036	

Principal

Pqyment

90,000.00

155,000.00

160,000.00

170,000.00

175,000.00

180,000,00

190,000.00

200,000.00

205,000.00

215,000.00

225,000.00

235,000.00

250,000.00

260,000.00

275;000.00

290,000.00

300,000.00

315,000.00

335,000.00

350,000.00

Coupon

Rate

4.000

4	.000

4.	000

4.0o<i

4.000

4.500

4.500

4	.500

4.	500

	4..500

4.	500

5.	000

	5.000

	5,000 5:000 5.000 5;000 5.000 5.000

5.000

Interest		
Payment	
305,585.16	
226,359.36	
224,559.36	
224,559.36	
221,459.36	
221,459.36	
218,259.36	
218,259.36	
214,859.36	
214,859.36	
211,359.36	
211,359.36	
207,309.36	
207,309.36	
203,034.36	
203,034.36	
198,534.36	
198,534.36	
193,921.86	
193,921.	86	
189,084.36	
189,084.36	
184,021.86	
184,021.86	
178,146.86	
178,146.86	
171,896.86	
171,896.86	
165,396;86	
165,396.86	
158,521.86	
158,521:86	
15l;271.86	
151,271.86	
143,771.86	
143;771.86	
135,896.86	
135,896.86	
127,521.86	
127,521.86	
118,771.86	

Cred fah./

Sinking F1111dA4i

Pen'odic			
Debt Service	
305,585.	16	
316,359.36	
224,559.36	
379,559.36	
221,459.36	
381,459.36	
218,259.36	
388,259.36	
214,859.36	
389,859.36	
211,359.36	
391,359.36	
207,309	.3	6	
397,309.36	
1mm.4.36	
403;034.36	
198,534:36	
403,534.36	
193,921.86	
408;921.86	
189,084.36	
414,084.36	
184,021.86	
419,021.86	
178,146.86	
428,146.86	
171,896,86	
431,896;86	
165,396.86	
440,396.86	
158,521.86	
448,521.86	
151,271.86	
451,271.86	
143,771.86	
458,771.86	
135,896.86	
470,896.86	
127,52L86	
477,521.86	
118,771.86	

Pre.rent. Value

Factor

0.9664579

0.9423393

0.9188227

0.8958929

0.8735353

0;8s11351

0.8304802

.0.8097550

0.7895471

0.7698435

Q.7506316

0.7318991

0.	7136:341

0.	6958249

	0.6784602

°'6615288

0.6450200

0.6289231

0.6132279

0.5979245

0.5830029

0.5684537

0.5542676

0;5404355

0;5269486

0.5137983

0	.5009762

0.	4884740

0.	4762838

0.	4643979

0.	4528085

0.	4415084

0.	4304903

	0.4197472

0.	4092721

0.	3990585

0.	3890997

	0.3793895

	0.3699216

	0.3606900

0.3516888

Di.r&01111ted	
VebtServi~	
295,335.18	
298,117.87	
206,330.23	
340,044.54	
193,452.58	
324,902.57	
181,260.07	
314,394.97	
169,641.58	
300,130.68	
158;653.01	
286,435.56	
147,943.03	
276;457.76	
137	;750.73	
266,618.84	
128,058.63	
253,792.08	
118,918.30	
244,504.39	
110,23.6.73	
235;387.79	
101,997.36	
226,454.30	
93,874.24	
219;981.13	
86,116.23	
2l0,9JOi38	
78,775.85	
204,519.37	
71,780.05	
198,026.18	
65,121.07	
189,420.09	
58;84L82	
183,076.81	
52;877:43	
178;653.34	
47.,173.09	
172,237.37	
41	;770,73	

STOREYPARK	2015cA I	FY: 11	Mlin-	EDB ! 11/0112019	I16:2I	Rpt01h		
0			EaseEle\laleMainOb ! 1tl.95f					
								
Grau & Associates

Grau & Associates CPAs

Page	1		

Storey Park COD						Dated:	08/28/2015		
Special Assessment Bonds, Series 2015				Delivered:	08/28/2015		
A.Y.L Verification Report					FMSBonds			
					MSRB  30/360 SEMI 4/3		
9,210,000.00								
									
Coupon	Principal	Coupon	Interest	Cred. Enh./	Periodic	Present Value	Discounted		
PeriodDate	Payment	Rate	Pqyment	Sinking FundAt!J	Debt Service	Factor	Debt Service		

43	11/01/2036	365,000.00	5.125	118,771.86	483,771.86	0.3429122	
44	05/01/2037			109,418.74	109,418.74	0.3343546	
45	11/01/2037	385,000.00	5.125	109,418.74	494,418.74	0.3260106	
46	05/01/2038			99,553.12	99,553.12	0.3178748	
47	ll/01/2038	405,000.00	5.125	99,553,12	504,553.12	0.3099420	
48	05/0l/2039			89,175.00	89,175.00	0.3022072	
49	U/01/2039	425,000.00	5.125	89,175.00	514,175.00	0.2946655	
50	05/01/2040			78,284.38	78,284.38	0.2873119	
51	1.1/01/2040	450,000.00	5.125	78,284.38	528,284.38	0.2801419	
52	05/01/2041			66,753.B	66,753.13	0.2731508	
53	11/01/2041	470,000.00	5.125	66,753.13	536,753.13	0.2663341	
54	05/01/2042			54,709.38	54,709.38	0;2596876	
55	11/01/2042	495,000.00	5.125	54,709.38	549,709.38	0.2532069	
56	05/01/2043			42,025.00	42,025.00	0.2468880	
57	11/01/2043	520,000.00	5.125	42,025.00	562,025.00	0.2407267	
58	05/01/2044			28,700.00	28,700.00	0.2347193	
59	11/01/2044	545,000.00	5.125	28,700.00	573,700,00	0.2288617	
60	05/01/2045			14,734.38	14,734.38	0.2231503	
61	11/01/2045	575,000.00	5.125	14,734.38	589,734.38	0.2175815	

9,210,000.00			8,933,850.18	0.00	18,143,850.18		
True1nterest Cost (1'JC). ......	• ..	•..•..••	5.3098694	Face value of bondlssue.  .............	
Net Interest Cost (NIC:) . .................	.	5.2136843	Accrued interest(+) , ... : ..............	
Arbitrage Yield Limit (AYL) . ..............		5.1188657	Original issue premium/discount{+) . .....	
ArbitrageNetlnterest Cost (ANIC).	·······	5.1784599	Bond surety fee (-) . ................	...	
				Lump-sum credit enhancemf!nts (-) . .......	
				OtherAYL costs (-) ................... .	
					= AYL Target . .• ......	, .......	

165,$91.26

36,584.66

161,185.73

31,645.43

156,382.21

26,949.33

151,509.61

22,492.03

147,994.57

18,233.67

142,955.67

14,207.35

139,190.22

10,375.47

135,294.45

6,736.44

131,297.96

3,287.98

128,315.27

9,100,563.26

$9,210,000.00

($109,436.40)

$0.00

$0.00

$9,100,563.60

STOREYPA,RK-201li-A I	FY: 11 Mun-Ea~eElevateMai.nDb I16.95fEDB I11/01/2019 I 16:2 I Rpto1h

Grau & Associates

Grau & Ass ociates CPAs	Page	2

Storey Park COD

Special Assessment Bonds, Series 2015

i .l.C. Verification Reoort  (Regular)

9,210;000.00

		1		
MSRB	JO/ 360 SEMI 4/3		
		FMSBonds		
Da1,d:		8/28/2015		
				
Deliuind:	8/28/201.5		

Coupon

Perwd	Date

2	5/l/20i6

3	11/1/2016

4	5/1/2017

5	11/1/2017	
6	5/1/2018	
7	11/1/2018	
8	5/1/2019	
9	11/1/2019	
10	5/1/2020	
11	11/1/2020	
12	5/J/2021	
13	11/1/2021	
14	511/2022	
lS	11/1/2022	

16	5/1/2023

17	11/1/2013

18	5/1/2024

19	11/1/2024	
20	5/1/2025	
21	1111/2025	

22	5/1/2026

23	11/1/1026

	245/1/2027

25	11/1/2027

26	5/1/2028

27	ll/1/2028

28	5/1/2029

29	11/1/2029

30	5/1/2030

31	11/1/2030	

32	5/1/2031

33	11/1/2031

34	5/1/2032

35	11/1/2032

36	5/l/2033

37	ll/1/2033

38	5/1/1034

	39ll/1/2034

	405/1/2035

41	11/1/2035	
42	5/1/2036	

Principal

P'!)lment

90,000.00

155,000.00

160,000.00

170,000.00

175,000.00

180,000.00

190,000.00

200,000.00

205,000.00

215,000.00

225	,000.00 235,000.00 250,000.00 260,000;00 275,000.00 290,000.00 300,000.00 315,000.00 335,000.00

350,000.00

Coupon

Rate

4.000

4.000

4	.000

4.	000

4.	000

	4.500

	4.500

	4.500

	4.500

	4.500

4.	500

	5.000

	5.000

5.	000

	5.000

5.	000

5.	000

	5.000

	5.000

	5.000

Interest	
P'!)lment	
305,585.16	
226,359.36	
224,559.36	
224,559.36	
221,459.36	
221	,459.36	
218,259.36	
218;259.36	
214,859.36	
214,859.36	
211,359.36	

211	,359.36 207,309.36 207,309.36 203,034.36 203,034.36 198,53436 198,534.36 193,921.86 193,921.86 189,084.36 189,084.36 184,021.86 184,021.86 178,146.86 178,146.86 171,896;86 171,896.86 165,396.86 165,396.86 158,521.86 158,521.86 151,271.86 151,271.86 143,771.86 143,771.86 1-35,896.86 135,896.86 127,521.86 127,521.86
11.8,771.86

Credit

Enha1tcements

Periadk			
Debt Strvfre	
305,58$.16	
316,359.36	
224,559.36	
379,559.36	
221,459.36	
381,459.36	
218,259:36	
388,259.36	
214,859'36	
389,85\U.6	
211,359.36	
391,359.36	
207,309.36	
397,309.36	
203,034.36	
403,034.36	
198,534.36	
403,534.36	
193,921.86	
408,921.86	
189,084.36	
414,084.	36	
184,021.86	
419,021.86	
178,146.86	
428,146.86	
171,896:86	
431,896,86	
165,396.86	
440,396.86	
158,521.86	
448,521.86	
151,271.86	
451,271.86	
143,771.86	
458,771.86	
135,896.	86	
470,89(:i,	86	
t27,52l-86	
477,521.86	
118,771.86	

P~s:ent Value

Facwr

0.9652443

0.9402804

0.91S9622

0,8922730

0.8691964

0:1!467166

0.8248182

0.8034862

0.	7827059

0.	7624630

0.	7427436

	0.7235342

0.	704.8217

	0.6865931

	o.6688359

	0.6515380

	0.6346875

	0.6182727

	0.6022825

	0.5867059

	0.5715321

	0.5567507

	0.5423516

	0.5283249

	0.5146610

	0.5013505

	0.4883842

	0..4757533

	0.4634490

	0.4514630

	0.4397869

	0.4284128

	0.4173329

	0.4065396

	0,3960253

	0.3857831

	0.3758057

	0.3660863

	0.3566183

	0.3473952

	0.3384106

Discou-ntf4		
DebtSei71ice	
294,964.33	
297;466.52	
205;687.89	
338,670.56	
192;491.67	
322;987.97	
180,024.30	
311,961.03	
168,171.68	
297;153 .32	
156,985.81	
283,161.90	
146,116.	13	
272,789.86	
135,796.67	
262,592.21	
126,007.27	
249;494.30	
116,	795	.75	
239,916.86	
108,067.78	
230,541.76	
99,804.56	
221,379.70	

91	,685.25 214,651.64 83,951.71 205,476.35 76,653 .-01
	198,822.87

	69,715.84

	192,152.52

	63,13Q.73

	183,459.86 56,937.30 176,986.41 51,070.81 172,388,89 45,476.63 165,888.80

40,193.66

STOREYPARK;2015'AI FY: 1	I Mun-EaseElevaieMainDb J 16.95f EDB i 11/01/2019	J 16:3 )Rptl)1a	
Grau & Associates			
Grau & Associates CPAs		

Page	1	

Storey Park COD

2

Ml'RB  30/ MO SEMI 4/ 3

Special Assessment Bonds, Series 20 I 5 TJ.C. Verification Reoort (Regular)

9,210,000.00

	Coupon	Principal	Coupon	[ntemt	
Period	Date	Payment	Rate	Payment	
43	11/1/2036	365,000.00	5.125	118,771.86	
44	5/1/2037			109,418.74	
45	ll/Ii2037	385,000.00	5.125	109,418.74	
46	5/1/2038			99,553.12	
47	11/1/2038	405;000.00	5.125	99,553,12	
48	S/1/2039			89,175.00	
49	11/1/2039	425,000.00	5.125	89,175.00	
50	5/1/2040			78,284.38	
51	11/1/2040	450,000.00	5.125	78,284.38	
52	5/1/2041			66,753.13	
53	11/1/2041	470,000.00	5.125	66,753.13	
54	5/1/2042			54,709.38	
55	11/1/2042	495,000.00	5.125	54,709.38	
56	5/1/2043			42,025.00	
57	11/1/2043	520,000.00	5.125	42,025.00	
58	5/1/2044			28,700.00	
59	11/1/2044	545,000.00	5.125	28,700:00	
60	5/1/2045			14,734.38	
61	ll/1/2045	575,000.00	5.125	14,734.38	

			FMSBond.r	
		Dated:	8/28/2015	
		D,liimd:	8/28/2015	
Credit	Periodic	Pment Value	Discounted	
Enhancements	Debt Service	Factor	Debi Service	
	483,771.86	0.3296584	159,479.46	
	109,418.74	0.3211325	35,137.92	
	494,418.74	0.3128272	154,667.63	
	99,553.12	0.3047366	30,337.48	
	504,553.12	0.2968553	149,779.28	
	89,175.00	0.2891778	25,787.43	
	514,175.00	0.2816989	144;842.54	
	78,284.38	0.2744134	21,482.28	
	528,284.38	0.2673163	141,219.05	
	66,753.13	0.2604028	17,382.70	
	536,753.13	0.2536681	136,157.14	
	54,709.38	0.2471076	13,519.10	
	549,709.38	0.2407167	132,324.22	
	42,025.00	0.23449ll	9,854.49	
	562,025.00	0.2284265	128,381.42	
	28,700.00	0.2225188	6;386.29	
	573,700.00	0.2167639	124,357.42	
	14,734.38	0.2111578	3,111.28	
	589,734.38	0.2056966.	121,306.38	

9,210,000.00		8,933,850.18	
True [1'1/erest Cost (TIC) ........ . . . ...	.... . .	5.3098694	
Net lntetest Cost (NJC) . ........ .. . ...	•... ...	5.2136843	
Arbitrage Yield Limit (AYL) ......... . .	. .. ....	5.1188657	
Arbitrage Ne/ Interest Cost (ANIC) ............	5.1784599	

0.00	18,143,850.18			
Face value ofbond Issue...	.. . .. ........	
Accrued interost (+) .. ...... . . . ........	
Original issue premium/discount{+) . ...	•.	
Underwriter discount (+) . ....	, .........	
Lump-sum credit enhancements (-) ........	
Other TIC costs{-) .......	, .............	
Bond suretyJee (-) ............. . .....	,	
	~ TJCTmx.et ............ . .. .	

8,903,285.61

$9,210,000.00

($109,436.40) ($197,278.00) $0.00

NIA

$8,903,285.60

STOREYPARK-2015-A I FY: 1 I Mun-EaseBevateMainDb I 16.95I EDB I 11/01/2019 I 16:3 I Rpt01a

Grau & Associates	Page	2

Grau & Associates CPAs

Storey Park CDD			
Special	I 5		
Assessment Bonds, Series 20			
Unspent Proceeds Report			
$ 9,210,000.00			

Dated:

Delivered:

08/28/2015 08/28/2015

Colt

Dote

!19/17/2005

08128/2015

G,p		Fu,,d			
ID	P",p	ID	Description		
2016	y	cm	Vendor payment		
					
-1	N	COi	Beg. Arbitrage Gross Proceeds		

Gross	Pool

AtnOHIII	Perren/age

1,250.00	100.0000000

No11pT1,po1e

lllwstmeni

Pwpm	U11ptnl

Exptttdiluns	Pro;teds

l,250Jl0	-1,250.00

09/10/2015	
.09/10/20 I5	
0.9/10/2015	
09/l0/2015	
09/10/2015	
09/10/2015	
09/10/2015	
Q9/I0/2015	
09/10/2015	
09/10/2015	
09/10/2015	
09/10/2015	
09/10/2015	
09/10/2015	
09/10/2015	
09/25/2015	
Ol/07/2016	
03/18/2016	
04/05/2016	
04/13/2016	
08/08/2016	
06/30/201	.7	
03/071201	.9	
OS/24/2019	

2016	y	COi	Vendor payment		
					
2016	y	COi	Vendor payment		
					
2016	y	COi	Vendor payment		
					
2016	y	COi	Vendor payment		

2016	y		Underwriter's Discount		
					
2016	y	cor	Trustee reimbursement		
					
2016	y	COi	Vendor payment		
					
2016	y	COi	Vendoc payment ·		
					
2016	y	COi	Vendor payment		
					
2016	y	COi	Verfdor payment		
					
2016	y	cor	Vendor payment		
					
2016	y	cor	Vendor payment		
					
2016	y	cm	Vendor payment·		

2016	y	COi	Vendor.payment		
					
2016	y	COI	Vendor payment		
					
20.16	y	CONSTRUCTI Req payment		
				
20l6	y	CONSTRUCT! Req payment		
				
2016	y	RESERVE	Tranf		
					
2016	y	COI	Trnnsf to close acct		
					
2016	y	CONSTRUCT Req payment		
				
2016	y	CONSTRUCT Req payment		
				
2017	y	·CONSTRUCT Req payment		
				
2019	y	CONSTRUCT Disbursement		
				
2019	y	CONSTRUCT Disbursement		

			I00:0000000	
25,000.00	100	.0000000	
27,500.00	100	.0000000	
5,000.00	100,0000000	
36,500.00	fil0	.0000000	
197,278.00	100	.()QOOQOO	
-27,500.00	100..0000000	
27,500.00	l00.0000000	
1,m .00	100.0000000	
2;09tOO	100.0000000	
12,500.00	100.0000000	
s,onoo	100.0000000	
51	,000.00	I00.0.000000	
37	;500.00	100.0000000	
1,954.00	100.0000000	
2;608.00	100.0000000	
4,929	,563.00	l 00	.0000000	
1,371:00	100	.0000000	
		114.00	100	.0000000	
8,223.00	I00	,0000000	
1,253	,955,00	100.0000000	
1,464.00	100	.0000000	
2,205,691.00	I00.0000000	
3,500.00	100	.0000000	
2,644 .00	100.0000000	

25,000.00	
27,500.00	
5,000.00	
36,500	.00	
197,278	.00	
-27,500	.00	
27,500.00	
1,551.00	
2,093.00	
12,590.00	
5,077	.00	
51,000	.00	
37,500.	00	
1,954	.00	
2,608	,00	
4,929,563.00	
1,371.00	
114.00	
8,223	.00	
1,253,955.00	
1,464	.00	
2,205,691.00	
3,500	.00	
2,644	.00	

9,099,313.60	
9,074,}13.60	
9,046,8U60	
9,041,813	.60	
9,005,313.60	
8,808,035.60	
8,835,535	:60	
8,808,035.60	
8,806,484;60	
8;804,391.60	
8,791,891.60	
8,78~,814.60	
8,735	,814.60	
8,69a,314.60	
8,696	,360;60	
8,693,752	.60	
3;764;(89.60	
3;762,818		.60	
3,762,704	.60	
3,754	,481.60	
2;500,526.60	
2,499,062.60	
293,371,60	
289;87L60	
287,227 .60	

	8,813,336.00	0.00	8;813,336.00		
					
Flrst./m1estment	Date. . . ...... . ..... . .. . .. . . ...	9/17/2005		
Calculaticm Date • • , ••••.• • ••......••......••	8/31/2019		
Arbitrage Yield.Limit (AYL). .. , .. .• . . .. , .......			
	5.1188657		
Internal Rate of	Return (JkR) . ... , .............			
		0.3867320		

STQREYPARK-2015-A [	FY: 11	Mun-	.95f	EDB I11101/2019	j 15:59	I Rpt11		
		EaseElevateMainDb. I 16						

Grau & Associates
Grau & Associates CPAs

Page	1	

Storey Park CDD

Special Assessment Bonds, Series 2015

I.R.R. Report Via Purpose Expenditures

$· 9,210,00Q.OO

Dated:	08/28/2015		
Delivered:	08/28/2015		

Grp	Trani

ID	Date

-1	08/28/2015

Fund

ID

Ducription

Beg. Arbitrage Gross Proceeds

Dqy Co,,mt	Calculation Amt	P(Jo/	** Inter11a/	&zte of Return **	
Factor	(lntmst Earnings)	P&tg	PV F-aaor		PVAmt	
0.0000000	(9,100,563.60)  100:000	1.0000000	(9,	I00,563.60)	

2016	09/17/2005.	
	09/10/2015	
	09/10/2015	
	09/10/2015	
	09/10/2015	
	09/10/2015	
	09/10/2015	
	09/10/2015	
	09/10/2015	
	09/10/2015	
	09/10/2015	
	09/10/20i5	
	09/10/2015	
	09/10/201S	
	09/i0/2015	
	0900/2015	
	09/25/2015	
	Ol/07/2016	
	03/18/2016	
	04/05/2016	
	04/13/2016	
	08/08/2016	

COi

COI

COI

COi

COi

COi

COi

COi

COI
cor
COI

COi
COi
cor
COI

CONSTRUCT!

CONSTRUCTI

RESERVE

COI

CONSTRUCT

CONSTRUCT

Vendor payment Vendor p,ayment Underwriter's Discount Vendor payment Vendor payment Vendor payment Vendor payment Vendor payment Vendor payment Vendor payment Vendoc payment Vendor payment Vendor payment Vendor payment Trustee reimbursement Vendor payment Req payment
Reqpayment

Tranf

Trarisfto close acct

Reqpayment

Req payment

-19.8944444

0.0666667

.0.0666667

0.0666667

0.0666667

0.0666667
0.0666667

0.0666667

0.0666667

0.0666667

0	.0666667

	0.0666667

	0.0666667

	0.0666667

	0.0666667

	0.0666667

	0.1500000

	0.7166667

1.1111 i 11

1.2055556

1.2500000

1.8888889

1,250	,00	100,000	
12,500.00	100	.000	
197,278.00	100.000	
5,077.00	100.000	
1,551.00	100.000	
2,093	.00	100.000	
1;954	.00	1	00.000	
2;608,00	100,000	
51,000.00	100.000	
37	,500.00	100.000	
27,500.00	100.000	
5,000.00	100.000	
36,500.00	100.000	
27,500.00	100.000	
(27,500.00)	100.000	
25,000.00	100.000	
4,929,563.00	100.000	
1,371.00	100.000	
	114	.00	100.000	
8,223.00	100.000	
1,253,955.00	100.000	
1,464.00	100.000	

1.0391800

0.9998712

0.9998712

0.9998712

0.9998712

0.9998712

0.9998712

0;9998712

0,9998712

0,9998712

0.9998712

0.9998712

0.9998712

0	.9998712

	0.9998712

	0.9998712

	0,9997103

	0.9986165
	0.9978559

	0.9976738

	0.9975882

0.9963577

1,250.00	
12	,498.39	
197,252.59	
5,076.35	
1,550.80	
2,092.73	
1,953:75	
2,607.	66·	
50,993.43	
37,495.	17	
27,496.46	
4,999.36	
36,495.30	
27,496'46	
(27,496.46}	
24,996;78	
4,928,134.77	
1,369	;10	
	ll3	.76	
8,203	.87	
1,250,930.68	
1,458.67	

2017	06/30/2017	CONSTRUCT	Reqpayment	
2019	03/07/2019	CONSTRUCT	Disbursem.ent	
	05/24/20.19	CONSTRUCT	Disbursement	
99999. .08/31/2019		Unspent Proceeds llS ofOS/31/2019	

3.6777778	2,205,691.00	100.000	0.9929205	2,190,075.75		
7.0500000	3,500.00	100.000	0.9864732	3,452.66		
7.4777778	2,644.00	100.000	0.9856583	2,606.08		
						
8.0166667	312,258.00	100.000	0.9846328	307	,459.46		
							
	25,030.40				(0,03)		

ArbiJrage Yield Umit • • • • . •• . ..... . . .

Internal RaJe ofReturn . ..• ......•.• •

Calculation Standard • • .•••••••• .. • . .

MSRB

5;1188657

0.3867320

30/360 SEMI 413

STOREYPARK~2015-A I  FY: 11	Mun-EaseElevateMainDb j 16	'.95fEDBI	11101/2019	I 15	:59	I Rpt09c	
Grau & Associates							
Grau & Associates CPAs						

Page	1