Storey Park Community Development District

Agenda July 15, 2025

Agenda

July 8, 2025

Board of Supervisors

Storey Park
Community Development District
219 E. Livingston Street, Orlando, Florida 32801 Phone: 407-841-5524 – Fax: 407-839-1526

Storey Park Community Development District

Dear Board Members:

The meeting of the Board of Supervisors of Storey Park Community Development District will be held Tuesday, July 15, 2025 at 4:00 PM at the Offices of GMS-CF, 219 E. Livingston Street, Orlando, Florida. Following is the advance agenda for the meeting:

Roll Call
Public Comment Period
Organizational Matters
Review of Letters of Interest/Resumes for Board Vacancy
Appointment of Individual to Fulfill the Board Vacancy with a Term Ending November 2026
Administration of Oath of Office to Newly Appointed Board Member
Election of Officers
Consideration of Resolution 2025-05 Electing Officers
Approval of Minutes of the June 3, 2025 Meeting
Review and Acceptance of Fiscal Year 2024 Audit Report
Public Hearing
Consideration of Resolution 2025-06 Adopting the Fiscal Year 2026 Budget and Relating to the Annual Appropriations
Consideration of Resolution 2025-07 Imposing Special Assessments and Certifying an Assessment Roll
Consideration of Amendment to the License and Operation Agreement with Storey Park Community Association, Inc. Related to Security
Discussion of Parking/No Parking on Parcel K
District Goals and Objectives
Adoption of Fiscal Year 2026 Goals and Objectives
Presentation of Fiscal Year 2025 Goals and Objectives and Authorization to Chairman to Execute
Staff Reports
Attorney
Engineer
Consideration of Proposal for Concrete Weir Repair
Discussion of Pending Real Property Conveyances
Status of Pending Permit Transfers
Status of Construction Funds & Requisitions
District Manager’s Report
Approval of Check Register
Balance Sheet and Income Statement

Approval of Fiscal Year 2026 Meeting Schedule
Field Manager’s Report
Public Comment Period
Supervisor’s Requests
Other Business
Next Meeting Date – August 5, 2025
Adjournment

The balance of the agenda will be discussed at the meeting. In the meantime, if you should have any questions, please contact me.

Sincerely,
Jason M. Showe District Manager

CC:	Jan Carpenter, District Counsel Christina Baxter, District Engineer

Enclosures

Section III

Section A

From: Polly
Subject: Supervisors vacancy
Date: July 8, 2025 at 10:21 AM
To: svanderbilt@gmscfl.com

Hello,
My name it’s Paula, perilla,
I’m interested in the supervisor posi8on,
You can contact me through this gmail or my number is  . Thank you.

From: Saurabh Srivastava
Subject: Re: CDD - Board of Supervisors Vacancy
Date: July 8, 2025 at 10:26 AM
To: svanderbilt@gmscfl.com

Hi Jason
I am wri-ng to express my strong interest in the vacant posi-on on the Storey Park CDD Board of Supervisors, as announced in your recent email to residents.
I am keen to contribute to our community's governance and believe my skills and dedica-on would be a valuable asset to the Board. I understand the requirements, including the annual 4 hours of ethics training and the need to complete a ﬁnancial disclosure.
Please let me know the next steps on this.

Thanks,
Saurabh Srivastava

Address: 11498 Rhyme Ave, Orlando, FL 32832
On Tue, Jul 8, 2025 at 10:15 AM Storey Park HOA <StoreyParkHOA@mail.theiconteam.com> wrote:

	Storey Park CDD - Board of Supervisors Vacancy		
	
Dear Storey Park Residents,

The CDD Board of Supervisors currently has a vacancy. If you are interested in filling this vacancy, please submit letter of interest or resume to the District Manager’s office
at svanderbilt@gmscfl.com. Anyone interested should know that there is a requirement to take 4 hours of ethics training annually and you must complete a financial disclosure.
Should you have any additional questions, please contact the District Manager’s office.

Sincerely,

Jason M. Showe Senior District Manager
Governmental Management Services, Central Florida 219 E. Livingston St Orlando, FL 32801
407-841-5524 X 105 - Office
407-839-1526 - Fax
407-470-8825 - Cell
jshowe@gmscfl.com		
This email was sent to Don't want to receive these emails anymore? Unsubscribe ICON Management,	 5540 State Road 64

ALEJANDRO ORDUZ
Orlando, FL 32832 | 407-955-8102 |  | LinkedIn: linkedin.com/in/alejandro-orduz
CUSTOMER EXPERIENCE & OPERATIONS LEAD
Bilingual (English-Spanish) service professional with 4+ years' success turning first-time callers into loyal customers. Proven record of exceeding quality benchmarks, introducing upsell strategies that boost revenue, and coaching peers to hit performance goals. Advanced Microsoft Office user, fluent in CRM and warehouse systems, and recognized for calm, data-driven problem solving. Poised to step into a supervisory track and elevate team results.
CORE SKILLS
Customer Advocacy - Team Leadership - B2C & B2B Phone/Chat Support - CRM Tools (Salesforce, Zendesk) Microsoft Office & Google Workspace - Cross-Functional Collaboration - Spanish Fluency - KPI & QA Analysis Conflict Resolution - Upselling & Revenue Generation - Time & Workflow Management

PROFESSIONAL EXPERIENCE
ALORICA - Customer Advocate | Orlando, FL | Jul 2024 - Jun 26, 2025
Managed the customer journey for a Fortune 500 telecom client, handling over 80 calls, emails, and chats daily.
Maintained a 96% QA score through efficient resolution and strong communication.
Boosted upsell performance by 22% using personalized scripting strategies.
Trained and mentored 4 new hires, reducing onboarding time by 40%.

UNIVERSAL ORLANDO RESORT - Entrance Operations Team Member | Orlando, FL | Jan 2023 - Jan 2024
Processed over 600 park entries per shift while maintaining 100% accuracy and 97% guest satisfaction.
Recognized with the "Guest Service Hero" award in Q3 2023 for exceptional conflict resolution.
Helped pilot scanner checkout system, reducing wait times by 12 minutes.

AMAZON FULFILLMENT - Warehouse Associate (Picker) | Orlando, FL | Jun 2022 - Jan 2023
Maintained 99.8% inventory-scan accuracy while averaging 185 units per hour.
Led safety briefings as Safety Champion, helping reduce incidents by 15%.
Streamlined workflows with a bin-relabeling initiative, saving 30 staff hours weekly.

UPS STORE - Retail Associate | Orlando, FL | Feb 2022 - Apr 2022
Increased average transaction value by 18% through service upselling.
Resolved shipping issues in under 24 hours, outperforming 48-hour service standard.

KOHL'S - Sales Associate | Orlando, FL | Aug 2021 - Dec 2021 (seasonal)
Top performer in weekend credit-card signups with 15-20 activations per shift.
Redesigned clearance layouts, improving item turnover by 10%.

EDUCATION
Lake Nona High School - High School Diploma | Orlando, FL | May 2022

PROFESSIONAL DEVELOPMENT
Microsoft Office Specialist (Excel & PowerPoint) - earned 2021
OSHA 10-Hour General Industry Safety - earned 2023
Google IT Support Professional Certificate - in progress

TECHNICAL & LANGUAGE PROFICIENCIES

ALEJANDRO ORDUZ
Software: MS Office 365, Google Workspace, Salesforce, Zendesk, Slack, Teams, RF scanners, POS systems
Typing: 70 WPM with 98% accuracy
Languages: English (fluent), Spanish (native)

COMMUNITY & LEADERSHIP
Volunteer, Second Harvest Food Bank of Central Florida - coordinate bi-monthly donation sorting events.
Member, Orlando Young Professionals - mentor high-school students in resume writing and interview prep.

Section E

RESOLUTION 2025-05

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE STOREY PARK COMMUNITY DEVELOPMENT DISTRICT ELECTING THE OFFICERS OF THE DISTRICT AND PROVIDING FOR AN EFFECTIVE DATE
WHEREAS, the Storey Park Community Development District (the “District”) is a local unit of special purpose government created and existing pursuant to Chapter 190, Florida Statutes; and

WHEREAS, the Board of Supervisors of the District (“Board”) desires to elect the Officers of the District.
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE STOREY PARK COMMUNITY DEVELOPMENT DISTRICT:

Section 1.		 is elected Chairperson. Section 2.		 is elected Vice-Chairperson. Section 3.		 is elected Secretary.
Section 4.		 is elected Assistant Secretary.
	 is elected Assistant Secretary.
	 is elected Assistant Secretary.
	 is elected Assistant Secretary.

Section 5.		 is elected Treasurer.

Section 6.		 is elected Assistant Treasurer.
	 is elected Assistant Treasurer.

Section 7.	This Resolution shall become effective immediately upon its adoption.

PASSED AND ADOPTED this 15th day of July, 2025.

ATTEST:	STOREY	PARK	COMMUNITY DEVELOPMENT DISTRICT

Secretary/Assistant Secretary	Chairperson/Vice-Chairperson

Minutes

MINUTES OF MEETING STOREY PARK
COMMUNITY DEVELOPMENT DISTRICT

The regular meeting of the Board of Supervisors of the Storey Park Community Development District was held on Tuesday, June 3, 2025 at 4:00 p.m. at the Offices of GMS-CF, 219 E. Livingston Street, Orlando, Florida.
Present and constituting a quorum were:

Willem Boermans	Vice Chairman
Travis Smith	Assistant Secretary
Matthew Antolovich	Assistant Secretary Also present were:
Jason Showe	District Manager
Jay Lazarovich	District Counsel
Alan Scheerer	Field Manager
Brandon Radanovich	HOA Safety & Operations Committee Chair

FIRST ORDER OF BUSINESS	Roll Call
Mr. Showe called the meeting to order and called the roll. All Supervisors were present with the exception of Mr. Garcia.

SECOND ORDER OF BUSINESS	Public Comment Period
Mr. Showe: Next is the Public Comment Period. We'll open it up for any members of the audience who would like to provide any comments. We'd ask that you please state your name and address and keep your comments to three minutes. There are no comments at this time.
THIRD ORDER OF BUSINESS	Organizational Matters - Added
Acceptance of Resignation of Daniel La Rosa and Appointment of Individual to Fulfill the Board Vacancy with a Term Ending November 2026
Mr. Showe: Alright, the next item we just added today is Organizational Matters. Earlier today, we received a Letter of Resignation from Mr. Dan La Rosa. So, we've included that as part of your agenda. The first step we would look for, is to take a motion to accept that resignation.

June 3, 2025	Storey Park CDD

On MOTION by Mr. Antolovich seconded by Mr. Boermans with all in favor the resignation of Mr. Daniel La Rosa was accepted.

Administration of Oath of Office to Newly Appointed Board Member
Election of Officers
Consideration of Resolution 2025-05 Electing Officers
Mr. Showe: Now, just to let the Board know, you do have full flexibility on how you choose to fill that vacancy. The principal landowner is Lennar. Lennar does have another representative that would be willing to come on the Board to fill that term, if the Board is willing. It is a landowner seat, so it doesn't have to be a qualified elector at this time. But that doesn't mean you can't put a qualified elector in that seat as well, if the Board would choose. It's fully up to the Board on how you fill that seat. It's the majority vote of the Board. You could put out a word to the HOA, to ask if there are any interested residents. We could collect Letters of Interest or resumes or you can appoint somebody. Again, it's kind of up to the Board on how you choose.
Mr. Boermans: Can we give our opinions now? Mr. Showe: Absolutely.
Mr. Boermans: I think it's important to keep this position as a landowner position, to be able to get a direct contact with Lennar, as we still have certain things going on at Lennar. At that point, I think it's very important to keep that connection open.
Mr. Smith: Have you worked with that other person? Mr. Showe: Yes. He's on multiple seats.
Mr. Scheerer: He's a big time Project Manager for Lennar.
Mr. Smith: Yeah, I would be potentially open to that and seeing if there were other residents, since nobody knows about it. I'd be up for either of those.
Mr. Boermans: What things do we have open with Lennar? Because I just want to get a sense if there's a big litany of things or if it's small in terms of open items.
Mr. Showe: Most items have been transitioned already, but we still have warranty items and maybe some punch list items.
Mr. Scheerer: Maybe some pond issues, maybe some asphalt issues or something like
that.
Mr. Showe: There's also the contraction part that I think they've been a part of, which I
know Jay's still involved with.

June 3, 2025	Storey Park CDD

Mr. Boermans: Yeah, because mine would be more just open and seeing what residents are open to and going from there.
Mr. Showe: So, we'll send out a message to the HOA. It seems like that's what I'm hearing from the Board. We'll ask anyone who is interested, to provide a Letter of Interest or resume. We'll also reach out to that Lennar representative and have them do the same thing and then we'll just bring those back to the next meeting and you can decide from there. Again, you can take as much time as you need to fill the position. The only real requirement under the Statutes, is that you're not actively filling the position. So, as long as the Board is taking active steps to pursue available candidates, you're fully in compliance. You have enough time to make the decision that you feel most comfortable with. It's also important to note that this term ends November 26th. At that point it goes into the rotation to being a general elected seat from that point on.
Mr. Boermans: That makes sense.
Mr. Showe: So, then we won't need to do the oath for that. Mr. Antolovich: Do we want to elect a Chair?
Mr. Showe: We've got a Vice Chair now. I don't really know that we want to go through and do the whole thing right now. I think Willem as Vice Chair is okay. We can have him sign the documents and he's readily available.
Mr. Antolovich: That sounds good.

FOURTH ORDER OF BUSINESS	Approval of Minutes of the May 6, 2025
Meeting
Mr. Showe: We have the approval of the minutes of the May 6, 2025 meeting. Jay provided a couple changes, which were included in the final package. We can take any other questions or changes from the Board or a motion to approve as amended.

On MOTION by Mr. Boermans seconded by Mr. Antolovich with all in favor the Minutes of the May 6, 2025 Meeting were approved as amended.

FIFTH ORDER OF BUSINESS	Discussion of Parking & Towing Rules
Mr. Showe: Under the Parking and Towing Rules, I haven't received any comments yet, and I think the Engineer is still reviewing that Parcel K piece. So, we can just keep that on there

June 3, 2025	Storey Park CDD

and we'll keep following up with them. Certainly, if you hear any of the comments from the residents or something you want to see addressed in those rules, we'll keep it there until we get enough changes to the rules to make it worth the rule hearing process.
SIXTH ORDER OF BUSINESS	Discussion of Boar Trapping - Added
Mr. Showe: A hot topic in the community is boar trapping. I think we can let Alan detail what he's seen out there in terms of CDD property that's damaged.
Mr. Scheerer: I think you've all seen the damage, especially in the park back there off of History Avenue, which used to be known as the cell tower track. We had given permission to the HOA to go ahead and do the trapping. I'm not sure that the HOA has embraced that right now. There's extensive damage to our sod. Nothing really to any of the equipment or the park itself that I've seen, but I guess at this point, it's just a matter of whether you want us to go ahead and take the lead on doing the trapping. There would only be trapping on areas that are owned and maintained by the CDD. We wouldn't be able to go onto anybody's home or any of the HOA amenity stuff. That would have to be under the HOA. Typically, what would happen, they would probably find out where they're coming from, which we're pretty confident where they probably are coming out of. They would set the traps up in those woods if that's the case. So, it's just a matter of what you guys want us to do. That was going to be part of the Manager's Report until it was added to the agenda, but there's extensive damage to the landscape and the landscape is not covered by insurance.
Mr. Boermans: What would be the budget that we would be spending on the trap?
Mr. Scheerer: We don't know. It just depends on how long the traps need to be out there. I would say probably no more than $4,000 to $5,000. It's going to take several months. Please understand, with everything that's going on to the Southeast of you with the Meridian Park Project, there's a lot of land that's being cleared back there. If you have not been there, let me know and I'll take you for a ride. But there is a lot of land being cleared back there and I'm sure that's where they’re coming from.
Mr. Boermans: Just a question. Would we wait until the boars are trapped before we make repairs?
Mr. Scheerer: I would see what I could work with Shane on and see if there's areas that we can straighten out. But you're talking about re-grading, re-sodding or seed and mulching,

June 3, 2025	Storey Park CDD

some sort of a hydro seed or something like that, to try to get the sod to re-establish, we’ll see what it looks like.
Mr. Boermans: With spending a lot of money on this, it’s better than every time re- sodding and throwing money in the bin.
Mr. Showe: Typically, we don't really do a whole lot of hog trapping. It's just when we see damage this significant, especially to CDD property, it warrants it.
Mr. Scheerer: This is probably the most significant I've seen in a long, long time. Mr. Smith: It jumped up a lot.
Mr. Showe: Oh yeah.
Mr. Scheerer: Yeah, to cause the pockets. There's a gentleman I know or used to know, who did trapping over in the Pasco County area of Tampa. He used dogs and he came out at night. There were no traps. If I can find him, if he's still doing the business, what he does, is he goes out after midnight with his dogs and they go through the woods and they find him and he takes them out. If not, we'll have to see about getting a trapper setting up some cages somewhere. Mr. Showe: Certainly, if we know that obviously ammunition or something is going to be

used…

Mr. Scheerer: No ammunition is used. Mr. Showe: Perfect.
Mr. Scheerer: We don't want any projectiles whatsoever.
Mr. Antolovich: I know that they're out all 24 hours a day. Nowadays they're out at 10:00

a.m. or 11:00 a.m.
Mr. Scheerer: Really? Mr. Antolovich: Oh yeah.
Mr. Antolovich: The trapper that the HOA is using, he had dogs and he would come out at night.
Mr. Scheerer: Right.
Mr. Antolovich: I know that he had a problem with his dogs, so he hadn't been able to come back out.
Mr. Scheerer: Interesting.
Mr. Antolovich: But if they're out during the day at all times, a trap might be…

June 3, 2025	Storey Park CDD

Mr. Scheerer: Well, we don't want to put the trap in the park. They can trap 24/7, but the best time to find the hogs, he says is at night. If we can't use them, then the traps that are in the wood line, they'll walk through the woods and try to find a place where they're at or think they might be coming out at. But just give me the go ahead and if you want to send me whatever information you have, I'll reach out to him. If not, we have a handful of other Field Managers as well and we'll see what we can do, to get somebody out as soon as possible.
Mr. Showe: Again, we just want to make it clear, put it on record, that we can't impact any residential properties. We can't really put anything on residential properties. We can't go on to HOA properties, but we can certainly, use our properties to do as much as we can.
Mr. Boermans: Can we have an agreement with the HOA for their property? I know that residential, you couldn't, but is there anything that we can have with the HOA?
Mr. Antolovich: The actual HOA property is also pretty small. Mr. Scheerer: You're talking what, the amenity?
Mr. Antolovich: Yeah and Innovation Way. But we aren't really seeing activity at both of

those.

Mr. Scheerer: The Eco Tower and the amenity.
Mr. Smith: Is that considered to be residential property? The townhomes, like the strips. Mr. Scheerer: Townhomes is HOA property. Before you even jump onto that wagon, I

would say that whatever they catch is hitting everybody.
Mr. Showe: Correct.
Mr. Scheerer: So, we would set the traps up on CDD property. I would imagine that wherever they're coming from and there's a whole family of them that are just having a picnic out there right now, so, if the Board is amenable, just give us the okay and we'll do what we have to do. If there are any agreements, we'll have everything run through Jay, to make sure that the District is covered. Like I said, I think that's probably the easiest thing to do, because my understanding was the HOA was going to handle it. But if they're not going to do it, then we'll do it.
Mr. Boermans: Is there any where we can put out a communication towards the residents?
Mr. Showe: Absolutely.
Mr. Scheerer: Don't feed the pigs.

June 3, 2025	Storey Park CDD

Mr. Boermans: To let them know we're actually on it. Because what I see sometimes, is the residents see this CDD as this group. So, if we can't really communicate outside of the Board…
Mr. Scheerer: Well, like Jason's doing with the resumes and stuff, if people have questions and you all are on the Board, send them to us. Just send them to the CDD. We will tell them that the CDD is going to do this, we don't have a time frame, but once we get the time frame, then we can communicate that, I'm assuming, to the Supervisors.
Mr. Showe: Oh, absolutely.
Mr. Scheerer: With a DO NOT REPLY TO ALL. Then that information could be included with whatever communication is going to Rebecca for the HOA.
Mr. Smith: You mean like a joint statement? Mr. Scheerer: No.
Mr. Showe: Well, we can send a statement.
Mr. Scheerer: Then you guys can say whatever you want.
Mr. Boermans: I would still keep it separate, so people understand that there are two separate entities. Also, what I think is important, that people need to understand, this is because there is damage on CDD property, not for people's private properties.
Mr. Showe: Correct.
Mr. Boermans: Because now people are complaining, “Oh, it's on our private properties” and it's important for people to understand.
Mr. Showe: Yeah.
Mr. Scheerer: It's a tough thing.
Mr. Boermans: Then of course, we're going to see things. We now see bobcats. In Moss Park, there was a bear. There are multiple things like that.
Mr. Scheerer: I know. It’s crazy.
Mr. Antolovich: So, do we need to put some sort of budget limit on it?
Mr. Showe: I was going to say. Would you be comfortable with not-to-exceed of $5,000? Mr. Scheerer: $5,000 maybe.
Mr. Showe: Then obviously if you give us $5,000, if for some reason we hit next month and we need to extend it or we need more…
Mr. Scheerer: I think $5,000 is a good limit.

June 3, 2025	Storey Park CDD

Mr. Antolovich: Yeah.
Mr. Scheerer: We just got to see how often they can be out there and how long the traps are going to be set. We want some sort of information as to where these traps are located.
Mr. Boermans: Yeah. Then when we come back, will we have an estimate?
Mr. Scheerer: I'll have Shane work up whatever we need to do. I’m hoping they just come in there with a tractor and a box blade and just kind of scrape that stuff smooth. Like I said, most of our area is Bahia grass. It's not the expensive grass. So that's good. We might be able to do a hydroseed, which is just maybe grass, seed and water that they spray out over there and hopefully it sticks. I'll talk to Shane about that, while we're in the process of trying to hire a trapper.
Mr. Boermans: Yeah. Maybe in the next communication, we can just note if we have an estimate of how long before we repair the area.
Mr. Scheerer: Sure. Hurricane season is coming. We're getting the afternoon rains. It's going to be a milkshake if we don't get a hold of it right away. But I think you all made the comment earlier. It doesn't make sense to do any extensive repairs and throw all of this money into something and we don't have the problem at least somewhat under control when it comes to the hogs. So, I think that's a good thing.

On MOTION by Mr. Antolovich seconded by Mr. Boermans with all in favor hiring a trapper in a not-to-exceed amount of $5,000 was approved.

SEVENTH ORDER OF BUSINESS	Staff Reports
Attorney
Mr. Showe: With that, we can go to Staff Reports.
Mr. Lazarovich: I don’t have anything for the Board this month. We're still working through the contraction parcel. As we finalize those documents, we can bring them back to the Board, unless you guys have any other questions for me.
Engineer
Discussion of Pending Real Property Conveyances
Status of Pending Permit Transfers
Status of Construction Funds & Requisitions
Mr. Showe: We don't have any updates on the engineering side.

June 3, 2025	Storey Park CDD

District Manager’s Report
Approval of Check Register
Mr. Showe: We have approval of the Check Register. In your General Fund, we have Checks #1457 through #1480 for $104,928.77. We also have May payroll, for a grand total of
$105,378.25. We can certainly take any questions or comments that you might have on those items. There are a chunk of them that are just transfers to your debt service, but certainly Alan and I can answer any questions you might have on those invoices or we can take a motion to approve.

On MOTION by Mr. Boermans seconded by Mr. Antolovich with all in favor the April 30, 2025 through May 28, 2024 Check Register in the amount of $105,378.25 was approved.

Balance Sheet and Income Statement
Mr. Showe: Behind that, we have your Balance Sheet and Income Statement. No action is required by the Board. We are doing a little better than budget actuals. So, we'll have sufficient funding in your General Fund to help with the trapping issue. I think you're almost all the way collected on assessments at this point. It is at 97%. So yeah, we're in great shape there.

Field Manager’s Report
Mr. Showe: We can have Alan go to his Field Manager’s Report.
Mr. Scheerer: Yeah, just a couple follow up items. We are still waiting on the proposal for the lighting at the Stanza monument over there. We are in the process of straightening up signs on CDD areas. One of the other things you're going to see, is the Bahia grass on Dowden Road, Storey Park Boulevard and Story Time Drive. I don't know if we've talked about this in the past, but what we like to do, is sometimes we won't mow that for a couple of weeks. We want the Bahia to go to seed and this way when Shane comes in, we're getting all of that free grass seed that's filling those areas in. So, it's Dowden Road as you get closer going east to Story Time Drive. For some reason, there's one median there, that's just Bahia grass. Everything else is St. Augustine. Then as you turn South on Story Time Drive, the boulevards have all Bahia grass and Storey Park Boulevard from the school to Moss Park Road. The grass is only about this tall, but the shoots are about yay tall. If anybody has any questions on that or if the Board doesn't like that, it's a practice that we've been doing for the past couple years, just to try to re-germinate the grass without spending any money. So that's just a couple things that we're working on right

June 3, 2025	Storey Park CDD

now. There's a park at the end of Ballad Street, that we've been working on. TruGreen had killed a bunch of weeds, which turned out to kill a bunch of grass. That area has been re-seeded. I've been watching it with Shane for the last three weeks. It seems to be coming back. The areas that don't come back, they will be replacing at no cost to the CDD. Other than that, we may be closing down one of the dog parks for about a month. We like to let those grow in, go ahead and treat for fleas and ticks and then we'll move to the other ones. The other thing, is, I finally got the schedule of values from Lennar on the fitness area next to the dog park by Folklore. We're adding that to the insurance. So, now that we have the construction cost for that. I can answer any questions you might have or if you need something from me, I will be there on Friday morning about 10:00 am. or 10:30 a.m.
Mr. Boermans: When were we going to start restriping?
Mr. Scheerer: It was added to the budget in 2026, that starts in October. We'll bring the proposal back to the Board in August. I'm not sure how we're going to do that. Well, we're going to do an adopted budget, probably.
Mr. Showe: Yeah.
Mr. Scheerer: So, maybe in August we'll include that, but this way it's approved. Once we hit October 1st, I can get with Fausnight and we can get that on the schedule. But a lot of these projects were added to your budget for 2026.
Mr. Showe: Yeah.
Mr. Antolovich: But the one budget, I know we were talking about it, but I can't remember where we left it with fixing it behind History that overflows.
Mr. Scheerer: That's in the budget for 2026. It's a quite significant amount of money. Mr. Showe: Yeah. I think we're still waiting on the Engineer to review that.
Mr. Scheerer: Yeah. I know she had mentioned something about some filter fabric at the last meeting, but I haven't heard any follow up with the Engineer on that.
Mr. Boermans: I think for that we have to find a solid solution, especially if we are getting more problems with different drains. We need to find a good solution right now, so we can also implement this with the other drains in case they get destroyed.
Mr. Scheerer: She did mention that those drains are permitted that way. So, any modification may require a change. I know we talked about the sod, no concrete, all that neat

June 3, 2025	Storey Park CDD

stuff, but I think that was a permitted issue. The Engineer is definitely the one that would have to speak to that.
Mr. Boermans: Oh, 100%. That's what they get paid for. Mr. Scheerer: Yes, sir.
Mr. Showe: There's nothing else for us.

EIGHTH ORDER OF BUSINESS	Public Comment Period
There being no comments, the next item followed.

NINTH ORDER OF BUSINESS	Supervisor’s Requests
Mr. Showe: We can look for any Supervisor’s Requests.
Mr. Boermans: One quick question for the Board Member, will that come back up at our next meeting?
Mr. Showe: Yeah. We will take any resumes or Letters of Interest that we receive. We'll put them in your next agenda and then you can decide whether you want to continue the search or choose from one of those candidates. We'll put in the announcement that we send in the HOA, that the Board is expected to consider. So that way people don't just wait until the end. If they want to get it in, they'll try to get it in before the next meeting. Are there any other comments? Hearing none,

TENTH ORDER OF BUSINESS	Other Business
There being no comments, the next item followed.

ELEVENTH ORDER OF BUSINESS	Next Meeting Date – July 15, 2025
Mr. Showe: The next meeting is July 15th.

TWELFTH ORDER OF BUSINESS	Adjournment

June 3, 2025	Storey Park CDD

On MOTION by Mr. Boermans seconded by Mr. Smith with all in favor the meeting was adjourned.

Secretary / Assistant Secretary	Chairman / Vice Chairman

Section V

STOREY PARK COMMUNITY DEVELOPMENT DISTRICT
CITY OF ORLANDO, FLORIDA FINANCIAL REPORT
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2024

STOREY PARK COMMUNITY DEVELOPMENT DISTRICT CITY OF ORLANDO, FLORIDA

TABLE OF CONTENTS

	  Page		
INDEPENDENT AUDITOR’S REPORT	1-2	
MANAGEMENT’S DISCUSSION AND ANALYSIS	3-6	
BASIC FINANCIAL STATEMENTS		
Government-Wide Financial Statements:		
Statement of Net Position	7	
Statement of Activities	8	
Fund Financial Statements:		
Balance Sheet – Governmental Funds	9	
Reconciliation of the Balance Sheet – Governmental Funds
to the Statement of Net Position	
10	
Statement of Revenues, Expenditures and Changes in Fund Balances –
Governmental Funds	
11	
Reconciliation of the Statement of Revenues, Expenditures and Changes in
Fund Balances of Governmental Funds to the Statement of Activities	
12	
Notes to the Financial Statements	13-23	
REQUIRED SUPPLEMENTARY INFORMATION		
Schedule of Revenues, Expenditures and Changes in Fund Balances –
Budget and Actual – General Fund	
24	
Notes to Required Supplementary Information	25	
OTHER INFORMATION		
Data Elements required by FL Statute 218.39 (3) (c)	26	
INDEPENDENT AUDITOR’S REPORT ON INTERNAL CONTROL OVER FINANCIAL REPORTING AND COMPLIANCE AND OTHER MATTERS BASED ON AN AUDIT OF FINANCIAL STATEMENTS PERFORMED IN ACCORDANCE WITH
GOVERNMENT AUDITING STANDARDS		
	27-28	
INDEPENDENT AUDITOR’S REPORT ON COMPLIANCE WITH THE REQUIREMENTS OF SECTION 218.415, FLORIDA STATUTES, REQUIRED BY RULE 10.556(10)
OF THE AUDITOR GENERAL OF THE STATE OF FLORIDA		
	29	
MANAGEMENT LETTER REQUIRED BY CHAPTER 10.550 OF THE RULES
OF THE AUDITOR GENERAL OF THE STATE OF FLORIDA	
30-31	

INDEPENDENT AUDITOR’S REPORT

To the Board of Supervisors
Storey Park Community Development District City of Orlando, Florida

1001 Yamato Road ▪ Suite 301 Boca Raton, Florida 33431
(561) 994-9299 ▪ (800) 299-4728
Fax (561) 994-5823
www.graucpa.com

Report on the Audit of the Financial Statements
Opinions
We have audited the accompanying financial statements of the governmental activities and each major fund of Storey Park Community Development District, City of Orlando, Florida (“District”) as of and for the fiscal year ended September 30, 2024, and the related notes to the financial statements, which collectively comprise the District’s basic financial statements as listed in the table of contents.
In our opinion, the financial statements referred to above present fairly, in all material respects, the respective financial position of the governmental activities and each major fund of the District as of September 30, 2024, and the respective changes in financial position thereof for the fiscal year then ended in accordance with accounting principles generally accepted in the United States of America.
Basis for Opinions
We conducted our audit in accordance with auditing standards generally accepted in the United States of America (GAAS) and the standards applicable to financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States. Our responsibilities under those standards are further described in the Auditor’s Responsibilities for the Audit of the Financial Statements section of our report. We are required to be independent of the District and to meet our other ethical responsibilities, in accordance with the relevant ethical requirements relating to our audit. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinions.
Responsibilities of Management for the Financial Statements
The District’s management is responsible for the preparation and fair presentation of the financial statements in accordance with accounting principles generally accepted in the United States of America; and for the design, implementation, and maintenance of internal control relevant to the preparation and fair presentation of financial statements that are free from material misstatement, whether due to fraud or error.
In preparing the financial statements, management is required to evaluate whether there are conditions or events, considered in the aggregate, that raise substantial doubt about the District’s ability to continue as a going concern for twelve months beyond the financial statement date, including any currently known information that may raise substantial doubt shortly thereafter.
Auditor’s Responsibilities for the Audit of the Financial Statements
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinions. Reasonable assurance is a high level of assurance but is not absolute assurance and therefore is not a guarantee that an audit conducted in accordance with GAAS will always detect a material misstatement when it exists. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control. Misstatements are considered material if there is a substantial likelihood that, individually or in the aggregate, they would influence the judgment made by a reasonable user based on the financial statements.

In performing an audit in accordance with GAAS, we:
Exercise professional judgment and maintain professional skepticism throughout the audit.
Identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error, and design and perform audit procedures responsive to those risks. Such procedures include examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements.
Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the District’s internal control. Accordingly, no such opinion is expressed.
Evaluate the appropriateness of accounting policies used and the reasonableness of significant accounting estimates made by management, as well as evaluate the overall presentation of the financial statements.
Conclude whether, in our judgment, there are conditions or events, considered in the aggregate, that raise substantial doubt about the District’s ability to continue as a going concern for a reasonable period of time.
We are required to communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit, significant audit findings, and certain internal control–related matters that we identified during the audit.
Required Supplementary Information
Accounting principles generally accepted in the United States of America require that the management’s discussion and analysis and budgetary comparison information be presented to supplement the basic financial statements. Such information is the responsibility of management and, although not a part of the basic financial statements, is required by the Governmental Accounting Standards Board, who considers it to be an essential part of financial reporting for placing the basic financial statements in an appropriate operational, economic, or historical context. We have applied certain limited procedures to the required supplementary information in accordance with auditing standards generally accepted in the United States of America, which consisted of inquiries of management about the methods of preparing the information and comparing the information for consistency with management’s responses to our inquiries, the basic financial statements, and other knowledge we obtained during our audit of the basic financial statements. We do not express an opinion or provide any assurance on the information because the limited procedures do not provide us with sufficient evidence to express an opinion or provide any assurance.
Other Information Included in the Financial Report
Management is responsible for the other information included in the financial report. The other information comprises the information for compliance with Section 218.39(3)(c), Florida Statutes, but does not include the financial statements and our auditor's report thereon. Our opinions on the financial statements do not cover the other information, and we do not express an opinion or any form of assurance thereon. In connection with our audit of the financial statements, our responsibility is to read the other information and consider whether a material inconsistency exists between the other information and the financial statements, or the other information otherwise appears to be materially misstated. If, based on the work performed, we conclude that an uncorrected material misstatement of the other information exists, we are required to describe it in our report.
Other Reporting Required by Government Auditing Standards
In accordance with Government Auditing Standards, we have also issued our report dated June 11, 2025, on our consideration of the District’s internal control over financial reporting and on our tests of its compliance with certain provisions of laws, regulations, contracts, grant agreements and other matters. The purpose of that report is solely to describe the scope of our testing of internal control over financial reporting and compliance and the results of that testing, and not to provide an opinion on the effectiveness of the District’s internal control over financial reporting or on compliance. That report is an integral part of an audit performed in accordance with Government Auditing Standards in considering the District’s internal control over financial reporting and compliance.

June 11, 2025

MANAGEMENT’S DISCUSSION AND ANALYSIS

Our discussion and analysis of Storey Park Community Development District, City of Orlando, Florida (“District”) provides a narrative overview of the District’s financial activities for the fiscal year ended September 30, 2024. Please read it in conjunction with the District’s Independent Auditor’s Report, basic financial statements, accompanying notes and supplementary information to the basic financial statements.

FINANCIAL HIGHLIGHTS

The assets of the District exceeded its liabilities at the close of the most recent fiscal year resulting in a net position balance of $4,099,164.

The change in the District’s total net position in comparison with the prior fiscal year was ($108,700), a decrease. The key components of the District’s net position and change in net position are reflected in the table in the government-wide financial analysis section.

At September 30, 2024, the District’s governmental funds reported combined ending fund balances of $2,912,634, an increase of $369,073 in comparison with the prior period. A portion of fund balance is restricted for debt service and capital projects, non-spendable for prepaid items, assigned to subsequent year’s expenditures and other reserves, and the remainder is unassigned fund balance which is available for spending at the District’s discretion.
OVERVIEW OF FINANCIAL STATEMENTS

This discussion and analysis are intended to serve as the introduction to the District’s basic financial statements. The District’s basic financial statements are comprised of three components: 1) government-wide financial statements, 2) fund financial statements, and 3) notes to the financial statements. This report also contains other supplementary information in addition to the basic financial statements themselves.

Government-Wide Financial Statements
The government-wide financial statements are designed to provide readers with a broad overview of the District’s finances, in a manner similar to a private-sector business.

The statement of net position presents information on all the District’s assets, deferred outflows of resources, liabilities, and deferred inflows of resources with the residual amount being reported as net position. Over time, increases or decreases in net position may serve as a useful indicator of whether the financial position of the District is improving or deteriorating.

The statement of activities presents information showing how the government’s net position changed during the most recent fiscal year. All changes in net position are reported as soon as the underlying event giving rise to the change occurs, regardless of the timing of related cash flows. Thus, revenues and expenses are reported in this statement for some items that will only result in cash flows in future fiscal periods.

The government-wide financial statements include all governmental activities that are principally supported by assessments. The District does not have any business-type activities. The governmental activities of the District include the general government (management) and maintenance functions.
Fund Financial Statements

A fund is a grouping of related accounts that is used to maintain control over resources that have been segregated for specific activities or objectives. The District, like other state and local governments, uses fund accounting to ensure and demonstrate compliance with finance-related legal requirements. The District has one fund category: governmental funds.

OVERVIEW OF FINANCIAL STATEMENTS (Continued)

Governmental Funds
Governmental funds are used to account for essentially the same functions reported as governmental activities in the government-wide financial statements. However, unlike the government-wide financial statements, governmental fund financial statements focus on near-term inflows and outflows of spendable resources, as well as on balances of spendable resources available at the end of the fiscal year. Such information may be useful in evaluating a District’s near-term financing requirements.

Because the focus of governmental funds is narrower than that of the government-wide financial statements, it is useful to compare the information presented for governmental funds with similar information presented for governmental activities in the government-wide financial statements. By doing so, readers may better understand the long-term impact of the District’s near-term financing decisions. Both the governmental fund balance sheet and the governmental fund statement of revenues, expenditures, and changes in fund balances provide a reconciliation to facilitate this comparison between governmental funds and governmental activities.

The District maintains three individual governmental funds. Information is presented separately in the governmental fund balance sheet and the governmental fund statement of revenues, expenditures, and changes in fund balances for the general fund, debt service fund and capital projects fund all of which are considered major funds.

The District adopts an annual appropriated budget for its general fund. A budgetary comparison schedule has been provided for the general fund to demonstrate compliance with the budget.

Notes to the Financial Statements
The notes provide additional information that is essential to a full understanding of the data provided in the government-wide and fund financial statements.

GOVERNMENT-WIDE FINANCIAL ANALYSIS
As noted earlier, net position may serve over time as a useful indicator of an entity’s financial position. In the case of the District, assets exceeded liabilities at the close of the most recent fiscal year.

Key components of the District’s net position are reflected in the following table:

NET POSITION SEPTEMBER 30,
	2024	2023	

Current and other assets

$	2,926,804	$

2,588,945

Capital assets, net of depreciation		25,312,230	26,266,907  Total assets		28,239,034	28,855,852 
Current liabilities	375,550	332,653
Long-term liabilities		23,764,320	24,315,335 
Total liabilities		24,139,870	24,647,988  Net position
Net investment in capital assets	1,547,910	1,951,572
Restricted	1,623,141	1,516,541
Unrestricted		928,113	739,751 
Total net position	 $	4,099,164	$	4,207,864 

GOVERNMENT-WIDE FINANCIAL ANALYSIS (Continued)

The District’s net position reflects its investment in capital assets (e.g. land, land improvements, and infrastructure); less any related debt used to acquire those assets that is still outstanding. These assets are used to provide services to residents; consequently, these assets are not available for future spending. Although the District’s investment in capital assets is reported net of related debt, it should be noted that the resources needed to repay this debt must be provided from other sources, since the capital assets themselves cannot be used to liquidate these liabilities.

The restricted portion of the District’s net position represents resources that are subject to external restrictions on how they may be used. The remaining balance of unrestricted net position may be used to meet the District’s other obligations.

The District’s net position decreased during the most recent fiscal year. The majority of the decrease represents the extent to which the cost of operations and depreciation expense exceeded ongoing program revenues.
Key elements of the change in net position are reflected in the following table:

CHANGES IN NET POSITION
FOR THE FISCAL YEAR END SEPTEMBER 30,
2024	2023

Revenues:
Program revenues
Charges for services	
$	2,930,793	
$	2,909,828	
Operating grants and contributions	101,404	82,370	
Capital grants and contributions	1,894	2,827,416	
General revenues	38,320	17,738	
Total revenues	3,072,411	5,837,352	
Expenses:
General government	
140,930	
141,817	
Maintenance and operations	1,875,096	1,315,932	
Interest	1,165,085	1,029,524	
Total expenses	3,181,111	2,487,273	
Change in net position	(108,700)	3,350,079	
Net position - beginning	4,207,864	857,785	
Net position - ending	$	4,099,164	$	4,207,864	
As noted above and in the statement of activities, the cost of all governmental activities during the fiscal year ended September 30, 2024 was $3,181,111. The costs of the District’s activities were primarily funded by program revenues. Program revenues are comprised primarily of assessments. The remainder of the current fiscal year revenue includes interest and miscellaneous revenues. The decrease in program revenues is due to the decrease in Developer contributions. Expenses increased from the prior year mainly due to the increase in depreciation expense.

GENERAL BUDGETING HIGHLIGHTS

An operating budget was adopted and maintained by the governing board for the District pursuant to the requirements of Florida Statutes. The budget is adopted using the same basis of accounting that is used in preparation of the fund financial statements. The legal level of budgetary control, the level at which expenditures may not exceed budget, is in the aggregate. Any budget amendments that increase the aggregate budgeted appropriations must be approved by the Board of Supervisors. Actual general fund expenditures did not exceed appropriations for the fiscal year ended September 30, 2024.

CAPITAL ASSETS AND DEBT ADMINISTRATION

Capital Assets
At September 30, 2024, the District had $28,044,444 invested in capital assets for its governmental activities. In the government-wide financial statements depreciation of $2,732,214 has been taken, which resulted in a net book value of $25,312,230. More detailed information about the District’s capital assets is presented in the notes of the financial statements.

Capital Debt
At September 30, 2024, the District had $23,605,000 in Bonds outstanding and $144,569 in leases payable for its governmental activities. More detailed information about the District’s capital debt is presented in the notes of the financial statements.
ECONOMIC FACTORS AND NEXT YEAR’S BUDGETS AND OTHER EVENTS

Subsequent to fiscal year end, the District is still in the process of contracting its boundaries. For the subsequent fiscal year, the District anticipates that the cost of general operations will increase.

CONTACTING THE DISTRICT’S FINANCIAL MANAGEMENT
This financial report is designed to provide our citizens, land owners, customers, investors and creditors with a general overview of the District’s finances and to demonstrate the District’s accountability for the financial resources it manages and the stewardship of the facilities it maintains. If you have questions about this report or need additional financial information, contact the Storey Park Community Development District’s Finance Department at 219 E. Livingston St., Orlando, Florida, 32801.

STOREY PARK COMMUNITY DEVELOPMENT DISTRICT CITY OF ORLANDO, FLORIDA
STATEMENT OF NET POSITION SEPTEMBER 30, 2024

	Governmental
	Activities		
ASSETS		
Cash	$	295,103	
Investments	605,129	
Prepaid items	42,051	
Restricted assets:		
Investments	1,984,521	
Capital assets:		
Depreciable, net		25,312,230 	
Total assets		28,239,034 	

LIABILITIES		
Accounts payable	14,170	
Accrued interest payable	361,380	
Non-current liabilities:		
Due within one year	576,653	
Due in more than one year		23,187,667 	
Total liabilities		24,139,870 	

NET POSITION		
Net investment in capital assets	1,547,910	
Restricted for debt service	1,600,031	
Restricted for capital projects	23,110	
Unrestricted		928,113 	
Total net position	 $	4,099,164 	

See notes to the financial statements

STOREY PARK COMMUNITY DEVELOPMENT DISTRICT CITY OF ORLANDO, FLORIDA STATEMENT OF ACTIVITIES
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2024

Program Revenues

Net (Expense) Revenue and Changes in Net Position

Functions/Programs	Expenses Primary government:
Governmental activities:

Charges for Services

Operating Grants and Contributions

Capital Grants and Contributions

Governmental Activities

General government

$	140,930	$	-	$	-	$

-	$	(140,930)

Maintenance and operations	1,875,096	1,232,533	-	1,894	(640,669)	
Interest on long-term debt	1,165,085	1,698,260	101,404	-	634,579	
Total governmental activities	3,181,111	2,930,793	101,404	1,894	(147,020)	

General revenues:
Unrestricted investment earnings		36,489 	
Total general revenues		38,320 	
Change in net position	(108,700)	
Net position - beginning		4,207,864 	
Net position - ending	 $	4,099,164 	

See notes to the financial statements

STOREY PARK COMMUNITY DEVELOPMENT DISTRICT CITY OF ORLANDO, FLORIDA
BALANCE SHEET GOVERNMENTAL FUNDS SEPTEMBER 30, 2024

	Major Funds	
Capital

Total Governmental

General

Debt Service

Projects

Funds

ASSETS		
Cash	$	295,103	$	-	$	-	$	295,103	
Investments	605,129	1,961,411	23,110	2,589,650	
Prepaid items	42,051	-	-	42,051	
Total assets	$	942,283	$ 1,961,411	$	23,110	$ 2,926,804	

LIABILITIES AND FUND BALANCES
Liabilities:
Accounts payable	$	14,170	$	-	$	-	$	14,170	
Total liabilities	14,170	-	-	14,170	

Fund balances:
Nonspendable:
Prepaid items Restricted for:
Debt service	42,051

-	-

1,961,411	-

-	42,051

1,961,411	
Capital projects	-	-	23,110	23,110	
Assigned:
Capital reserves		
149,726		
-		
-		
149,726	
Subsequent year's expenditures		186,047		-		-		186,047	
Unassigned		550,289		-		-		550,289	
Total fund balances		928,113		1,961,411		23,110		2,912,634	

Total liabilities and fund balances	
$	
942,283	
$	
1,961,411	
$	
23,110	
$	
2,926,804	

See notes to the financial statements

STOREY PARK COMMUNITY DEVELOPMENT DISTRICT CITY OF ORLANDO, FLORIDA
RECONCILIATION OF THE BALANCE SHEET - GOVERNMENTAL FUNDS TO THE STATEMENT OF NET POSITION
SEPTEMBER 30, 2024

Fund balance - governmental funds	$ 2,912,634
Amounts reported for governmental activities in the statement of net position are different because:
Capital assets used in governmental activities are not financial resources and, therefore, are not reported as assets in the governmental funds. The statement of net position includes those capital assets, net of any accumulated depreciation, in the net position of the government as a whole.
Cost of capital assets	28,044,444
Accumulated depreciation	  (2,732,214)   25,312,230

Liabilities not due and payable from current available resources are not reported as liabilities in the governmental fund financial statements. All liabilities, both current and long- term, are reported in the government-wide financial statements.
Accrued interest payable	(361,380)	
Bonds payable	  (23,764,320)	(24,125,700) 	
Net position of governmental activities	$ 4,099,164	

See notes to the financial statements

STOREY PARK COMMUNITY DEVELOPMENT DISTRICT CITY OF ORLANDO, FLORIDA
STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCES GOVERNMENTAL FUNDS
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2024

	Major Funds	
Capital

Total Governmental

General

Debt Service

Projects

Funds

REVENUES		
Assessments	$ 1,232,533	$  1,698,260	$	-	$  2,930,793	
Interest	36,489	101,404	1,894	139,787	
Miscellaneous revenue	1,831	-	-	1,831	
Total revenues	1,270,853	1,799,664	1,894	3,072,411	

EXPENDITURES
Current:
General government	140,930	-	-	140,930	
Maintenance and operations	872,428	-	-	872,428	
Debt service:
Principal	
16,001	
535,000	
-	
551,001	
Interest	6,132	1,084,856	-	1,090,988	
Capital outlay	47,000	-	991	47,991	
Total expenditures	1,082,491	1,619,856	991	2,703,338	

Excess (deficiency) of revenues over (under) expenditures	

188,362	

179,808	

903	

369,073	

OTHER FINANCING SOURCES (USES)
Transfers in (out)	

-	

(14,136)	

14,136	

-	
Total other financing sources (uses)	-	(14,136)	14,136	-	

Net change in fund balances	
188,362	
165,672	
15,039	
369,073	
Fund balances - beginning	739,751	1,795,739	8,071	2,543,561	

Fund balances - ending	
$	928,113	
$  1,961,411	
$	23,110	
$  2,912,634	

See notes to the financial statements

STOREY PARK COMMUNITY DEVELOPMENT DISTRICT CITY OF ORLANDO, FLORIDA
RECONCILIATION OF THE STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCES OF GOVERNMENTAL FUNDS TO THE STATEMENT OF ACTIVITIES
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2024

Net change in fund balances - total governmental funds	$	369,073 Amounts reported for governmental activities in the statement of activities
are different because:
Depreciation on capital assets is not recognized	in the governmental fund financial statements but is reported as an
expense in the statement of activities.	(954,677)
Repayment of long-term liabilities are reported as expenditures in the governmental fund financial statement but such repayments reduce liabilities in the statement of net position and are eliminated
in the statement of activities.	551,001
Amortization of Bond discounts/premiums is not recognized in the governmental fund financial statements, but is reported as an
expense in the statement of activities.	14
The change in accrued interest on long-term liabilities between the current and prior fiscal year is recorded in the statement of
activities but not in the fund financial statements.				(74,111)  Change in net position of governmental activities		$	(108,700)

See notes to the financial statements

STOREY PARK COMMUNITY DEVELOPMENT DISTRICT CITY OF ORLANDO, FLORIDA
NOTES TO FINANCIAL STATEMENTS

NOTE 1 – NATURE OF ORGANIZATION AND REPORTING ENTITY

Storey Park Community Development District ("District") was created on March 9, 2015 by Ordinance 2015-7 of the City of Orlando, Florida, amended by Ordinance 2019-50 and 2020-53 pursuant to the Uniform Community Development District Act of 1980, otherwise known as Chapter 190, Florida Statutes. The Act provides among other things, the power to manage basic services for community development, power to borrow money and issue bonds, and to levy and assess non-ad valorem assessments for the financing and delivery of capital infrastructure.

The District is governed by the Board of Supervisors ("Board"), which is composed of five members. The Supervisors are elected by the owners of the property within the District. The Board of Supervisors of the District exercise all powers granted to the District pursuant to Chapter 190, Florida Statutes. At September 30, 2024, one of the Board members was affiliated with Lennar Homes, LLC (the “Developer”).

The Board has the responsibility for:
Allocating and levying assessments.
Approving budgets.
Exercising control over facilities and properties.
Controlling the use of funds generated by the District.
Approving the hiring and firing of key personnel.
Financing improvements.
The financial statements were prepared in accordance with Governmental Accounting Standards Board (“GASB”) Statements. Under the provisions of those standards, the financial reporting entity consists of the primary government, organizations for which the District Board of Supervisors is considered to be financially accountable, and other organizations for which the nature and significance of their relationship with the District are such that, if excluded, the financial statements of the District would be considered incomplete or misleading. There are no entities considered to be component units of the District; therefore, the financial statements include only the operations of the District.

NOTE 2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Government-Wide and Fund Financial Statements
The basic financial statements include both government-wide and fund financial statements.
The government-wide financial statements (i.e., the statement of net position and the statement of activities) report information on all of the non-fiduciary activities of the primary government. For the most part, the effect of interfund activity has been removed from these statements.
The statement of activities demonstrates the degree to which the direct expenses of a given function or segment is offset by program revenues. Direct expenses are those that are clearly identifiable with a specific function or segment. Program revenues include 1) charges to customers who purchase, use or directly benefit from goods, services or privileges provided by a given function or segment. Operating- type special assessments for maintenance and debt service are treated as charges for services; and 2) grants and contributions that are restricted to meeting the operational or capital requirements of a particular function or segment. Other items not included among program revenues are reported instead as general revenues.

Measurement Focus, Basis of Accounting and Financial Statement Presentation
The government-wide financial statements are reported using the economic resources measurement focus and the accrual basis of accounting. Revenues are recorded when earned and expenses are recorded when a liability is incurred, regardless of the timing of related cash flows. Assessments are recognized as revenues in the year for which they are levied. Grants and similar items are to be recognized as revenue as soon as all eligibility requirements imposed by the provider have been met.

NOTE 2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)

Measurement Focus, Basis of Accounting and Financial Statement Presentation (Continued) Governmental fund financial statements are reported using the current financial resources measurement focus and the modified accrual basis of accounting. Revenues are recognized as soon as they are both measurable and available. Revenues are considered to be available when they are collectible within the current period or soon enough thereafter to pay liabilities of the current period. For this purpose, the government considers revenues to be available if they are collected within 60 days of the end of the current fiscal period. Expenditures are recorded when a liability is incurred, as under accrual accounting. However, debt service expenditures are recorded only when payment is due.

Assessments
Assessments are non-ad valorem assessments on benefited property within the District. Operating and maintenance assessments are based upon the adopted budget and levied annually at a public hearing of the District. Debt service assessments are levied when Bonds are issued and assessed and collected on an annual basis. The District may collect assessments directly or utilize the uniform method of collection under Florida Statutes. Direct collected assessments are due as determined by annual assessment resolution adopted by the Board of Supervisors. Assessments collected under the uniform method are mailed by the County Tax Collector on November 1 and due on or before March 31 of each year. Property owners may prepay a portion or all of the debt service assessments on their property subject to various provisions in the Bond documents.

Assessments and interest associated with the current fiscal period are considered to be susceptible to accrual and so have been recognized as revenues of the current fiscal period. The portion of assessments receivable due within the current fiscal period is considered to be susceptible to accrual as revenue of the current period.

The District reports the following major governmental funds:

General Fund
The general fund is the general operating fund of the District. It is used to account for all financial resources except those required to be accounted for in another fund.
Debt Service Fund
The debt service fund is used to account for the accumulation of resources for the annual payment of principal and interest on long-term debt.

Capital Projects Fund
This fund accounts for the financial resources to be used for the acquisition or construction of major infrastructure within the District and for the accumulation of funds for capital reserves.

As a general rule, the effect of interfund activity has been eliminated from the government-wide financial statements.
When both restricted and unrestricted resources are available for use, it is the government’s policy to use restricted resources first for qualifying expenditures, then unrestricted resources as they are needed.

Assets, Liabilities and Net Position or Equity

Restricted Assets
These assets represent cash and investments set aside pursuant to Bond covenants or other contractual restrictions.

NOTE 2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)

Assets, Liabilities and Net Position or Equity (Continued)
Deposits and Investments
The District’s cash and cash equivalents are considered to be cash on hand and demand deposits (interest and non-interest bearing).

The District has elected to proceed under the Alternative Investment Guidelines as set forth in Section
218.415 (17) Florida Statutes. The District may invest any surplus public funds in the following:
The Local Government Surplus Trust Funds, or any intergovernmental investment pool authorized pursuant to the Florida Interlocal Cooperation Act;
Securities and Exchange Commission registered money market funds with the highest credit quality rating from a nationally recognized rating agency;
Interest bearing time deposits or savings accounts in qualified public depositories;
Direct obligations of the U.S. Treasury.

The State Board of Administration’s (“SBA”) Local Government Surplus Funds Trust Fund (“Florida PRIME”) is a“2a-7 like” pool. A “2a-7 like” pool is an external investment pool that is not registered with the Securities and Exchange Commission (“SEC”) as an investment company, but nevertheless has a policy that it will, and does, operate in a manner consistent with the SEC’s Rule 2a-7 of the Investment Company Act of 1940, which comprises the rules governing money market funds. Thus, the pool operates essentially as a money market fund. The District has reported its investment in Florida PRIME at amortized cost for financial reporting purposes.
Securities listed in paragraph c and d shall be invested to provide sufficient liquidity to pay obligations as they come due. In addition, surplus funds may be deposited into certificates of deposit which are insured and any unspent Bond proceeds are required to be held in investments as specified in the Bond Indenture.

The District records all interest revenue related to investment activities in the respective funds. Investments are measured at amortized cost or reported at fair value as required by generally accepted accounting principles.

Prepaid Items
Certain payments to vendors reflect costs applicable to future accounting periods and are recorded as prepaid items in both government-wide and fund financial statements.
Capital Assets
Capital assets which include property, plant and equipment, and infrastructure assets (e.g., roads, sidewalks and similar items) are reported in the government activities columns in the government-wide financial statements. Capital assets are defined by the government as assets with an initial, individual cost of more than $5,000 (amount not rounded) and an estimated useful life in excess of two years. Such assets are recorded at historical cost or estimated historical cost if purchased or constructed. Donated capital assets are recorded at acquisition value at the date of donation.

The costs of normal maintenance and repairs that do not add to the value of the asset or materially extend assets lives are not capitalized. Major outlays for capital assets and improvements are capitalized as projects are constructed.

NOTE 2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)

Assets, Liabilities and Net Position or Equity (Continued)
Capital Assets (Continued)
Property, plant and equipment of the District are depreciated using the straight-line method over the following estimated useful lives:
Assets	Years	
Infrastructure – roadways and streetlights	10 - 30	
Infrastructure – stormwater management	30	
Infrastructure – landscape and hardscape	30	
Equipment	5	

In the governmental fund financial statements, amounts incurred for the acquisition of capital assets are reported as fund expenditures. Depreciation expense is not reported in the governmental fund financial statements.

Unearned Revenue
Governmental funds report unearned revenue in connection with resources that have been received, but not yet earned.

Leases
The District is a lessee for several non-cancellable lease of equipment. The District recognizes a lease liability and an intangible right-to-use lease asset (lease asset) in the government-wide financial statements. The District recognizes lease liabilities with an initial, individual value of $5,000 or more. At the commencement of a lease, the District initially measures the lease liability at the present value of payments expected to be made during the lease term. Subsequently, the lease liability is reduced by the principal portion of lease payments made. The leased asset is initially measured as the initial amount of the lease liability, adjusted for lease payments made at or before the commencement date, plus certain direct costs. Subsequently, the leased asset is amortized on a straight-lie basis over its useful life.
Key estimates and judgments related to leases include how the District determines (1) the discount rate it uses to discount the expected lease payments to present value, (2) lease term, and (3) lease payments.
The District uses the interest rate charged by the lessor as the discount rate. When the interest rate charged by the lessor is not provided, the District generally uses its estimated incremental borrowing rate as the discount rate for leases.
The lease term includes the noncancellable period of the lease. Lease payments included in the measurement of the lease liability are composed of fixed payments and purchase option price that the District is reasonably certain to exercise.
The District monitors changes in circumstances that would require a remeasurement of its lease and will remeasure the lease asset and liability if certain changes occur that are expected to significantly affect the amount of the lease liability. Lease assets are reported with other capital assets and lease liabilities are reported with long‐term debt on the statement of net position.

Long-Term Obligations
In the government-wide financial statements long-term debt and other long-term obligations are reported as liabilities in the statement of net position. Bond premiums and discounts are deferred and amortized over the life of the Bonds. Bonds payable are reported net of applicable premiums or discounts. Bond issuance costs are expensed when incurred.

In the fund financial statements, governmental fund types recognize premiums and discounts, as well as issuance costs, during the current period. The face amount of debt issued is reported as other financing sources. Premiums received on debt issuances are reported as other financing sources while discounts on debt issuances are reported as other financing uses. Issuance costs, whether or not withheld from the actual debt proceeds received, are reported as debt service expenditures.

NOTE 2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)

Assets, Liabilities and Net Position or Equity (Continued)
Deferred Outflows/Inflows of Resources
In addition to assets, the statement of financial position will sometimes report a separate section for deferred outflows of resources. This separate financial statement element, deferred outflows of resources, represents a consumption of net position that applies to a future period(s) and so will not be recognized as an outflow of resources (expense/expenditure) until then.

In addition to liabilities, the statement of financial position will sometimes report a separate section for deferred inflows of resources. This separate financial statement element, deferred inflows of resources, represents an acquisition of net position that applies to a future period(s) and so will not be recognized as an inflow of resources (revenue) until that time.
Fund Equity/Net Position
In the fund financial statements, governmental funds report non spendable and restricted fund balance for amounts that are not available for appropriation or are legally restricted by outside parties for use for a specific purpose. Assignments of fund balance represent tentative management plans that are subject to change.

The District can establish limitations on the use of fund balance as follows:

Committed fund balance – Amounts that can be used only for the specific purposes determined by a formal action (resolution) of the Board of Supervisors. Commitments may be changed or lifted only by the Board of Supervisors taking the same formal action (resolution) that imposed the constraint originally. Resources accumulated pursuant to stabilization arrangements sometimes are reported in this category.
Assigned fund balance – Includes spendable fund balance amounts established by the Board of Supervisors that are intended to be used for specific purposes that are neither considered restricted nor committed. The Board may also assign fund balance as it does when appropriating fund balance to cover differences in estimated revenue and appropriations in the subsequent year’s appropriated budget. Assignments are generally temporary and normally the same formal action need not be taken to remove the assignment.

The District first uses committed fund balance, followed by assigned fund balance and then unassigned fund balance when expenditures are incurred for purposes for which amounts in any of the unrestricted fund balance classifications could be used.

Net position is the difference between assets and deferred outflows of resources less liabilities and deferred inflows of resources. Net position in the government-wide financial statements are categorized as net investment in capital assets, restricted or unrestricted. Net investment in capital assets represents net position related to infrastructure and property, plant and equipment. Restricted net position represents the assets restricted by the District’s Bond covenants or other contractual restrictions. Unrestricted net position consists of the net position not meeting the definition of either of the other two components.

Other Disclosures
Use of Estimates
The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, and disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenues and expenditures during the reporting period. Actual results could differ from those estimates.

NOTE 3 – BUDGETARY INFORMATION

The District is required to establish a budgetary system and an approved Annual Budget. Annual Budgets are adopted on a basis consistent with generally accepted accounting principles for all governmental funds. All annual appropriations lapse at fiscal year-end.

The District follows these procedures in establishing the budgetary data reflected in the financial statements.
Each year the District Manager submits to the District Board a proposed operating budget for the fiscal year commencing the following October 1.
Public hearing is conducted to obtain public comments.
Prior to October 1, the budget is legally adopted by the District Board.
All budget changes must be approved by the District Board.
The budgets are adopted on a basis consistent with generally accepted accounting principles.
Unused appropriation for annually budgeted funds lapse at the end of the year.

NOTE 4 – DEPOSITS AND INVESTMENTS

Deposits
The District’s cash balances were entirely covered by federal depository insurance or by a collateral pool pledged to the State Treasurer. Florida Statutes Chapter 280, "Florida Security for Public Deposits Act", requires all qualified depositories to deposit with the Treasurer or another banking institution eligible collateral equal to various percentages of the average daily balance for each month of all public deposits in excess of any applicable deposit insurance held. The percentage of eligible collateral (generally, U.S. Governmental and agency securities, state or local government debt, or corporate bonds) to public deposits is dependent upon the depository's financial history and its compliance with Chapter 280. In the event of a failure of a qualified public depository, the remaining public depositories would be responsible for covering any resulting losses.

Investments
The District’s investments were held as follows at September 30, 2024:
Amortized Cost	Credit Risk	Maturities

Fidelity Investments Money Market $ Government Portfolio
Investment	in	Local	Government

1,984,521

S&P AAAm	Weighted average maturity: 21
days
Weighted average maturity: 39

Surplus  Funds Trust Fund (Florida

605,129  S&P AAAm

days

PRIME)		
 $	2,589,650 
Credit risk – For investments, credit risk is generally the risk that an issuer of an investment will not fulfill its obligation to the holder of the investment. This is measured by the assignment of a rating by a nationally recognized statistical rating organization. Investment ratings by investment type are included in the preceding summary of investments.

Concentration risk – The District places no limit on the amount the District may invest in any one issuer.
Interest rate risk – The District does not have a formal policy that limits investment maturities as a means of managing exposure to fair value losses arising from increasing interest rates.

However, the Bond Indenture limits the type of investments held using unspent proceeds.

Fair Value Measurement – When applicable, the District measures and records its investments using fair value measurement guidelines established in accordance with GASB Statements. The framework for measuring fair value provides a fair value hierarchy that prioritizes the inputs to valuation techniques.

NOTE 4 – DEPOSITS AND INVESTMENTS (Continued)

Investments (Continued)
These guidelines recognize a three-tiered fair value hierarchy, in order of highest priority, as follows:

Level 1:	Investments whose values are based on unadjusted quoted prices for identical investments in active markets that the District has the ability to access;
Level 2: Investments whose inputs - other than quoted market prices - are observable either directly or indirectly; and,
Level 3: Investments whose inputs are unobservable.
The fair value measurement level within the fair value hierarchy is based on the lowest level of any input that is significant to the entire fair value measurement. Valuation techniques used should maximize the use of observable inputs and minimize the use of unobservable inputs.
Money market investments that have a maturity at the time of purchase of one year or less and are held by governments other than external investment pools should be measured at amortized cost. For external investment pools that qualify to be measured at amortized cost, the pool’s participants should also measure their investments in that external investment pool at amortized cost for financial reporting purposes. Accordingly, the District’s investments have been reported at amortized cost above.

External Investment Pool – With regard to redemption gates, Chapter 218.409(8)(a), Florida Statutes, states that “The principal, and any part thereof, of each account constituting the trust fund is subject to payment at any time from the moneys in the trust fund. However, the Executive Director may, in good faith, on the occurrence of an event that has a material impact on liquidity or operations of the trust fund, for 48 hours limit contributions to or withdrawals from the trust fund to ensure that the Board can invest moneys entrusted to it in exercising its fiduciary responsibility. Such action must be immediately disclosed to all participants, the Trustees, the Joint Legislative Auditing Committee, the Investment Advisory Council, and the Participant Local Government Advisory Council. The Trustees shall convene an emergency meeting as soon as practicable from the time the Executive Director has instituted such measures and review the necessity of those measures. If the Trustees are unable to convene an emergency meeting before the expiration of the 48-hour moratorium on contributions and withdrawals, the moratorium may be extended by the Executive Director until the Trustees are able to meet to review the necessity for the moratorium. If the Trustees agree with such measures, the Trustees shall vote to continue the measures for up to an additional 15 days. The Trustees must convene and vote to continue any such measures before the expiration of the time limit set, but in no case may the time limit set by the Trustees exceed 15 days.” With regard to liquidity fees, Florida Statute 218.409(4) provides authority for the SBA to impose penalties for early withdrawal, subject to disclosure in the enrollment materials of the amount and purpose of such fees. At present, no such disclosure has been made.

As of September 30, 2024, there were no redemption fees or maximum transaction amounts, or any other requirements that serve to limit a participant’s daily access to 100% of their account value.
NOTE 5 – INTERFUND TRANSFERS

Interfund transfers for the fiscal year ended September 30, 2024 were as follows:

 Fund	Transfer in	Transfer Out 
Debt service	$	-	$	14,136	
Capital projects		14,136	-		
Total	 $	14,136	$	14,136 	
Transfers are used to move revenues from the fund where collection occurs to the fund where funds have been reallocated for use. In the case of the District, transfers from the debt service fund to the capital projects fund were made in accordance with the Bond Indentures.

NOTE 6 – CAPITAL ASSETS

Capital asset activity for the fiscal year ended September 30, 2024 was as follows:

Governmental activities
Capital assets, being depreciated

Beginning Balance

Additions	Reductions

Ending Balance

Infrastructure - roadways and streetlights	$  10,906,710	$	-	$	-	$	10,906,710	
Infrastructure - stormwater management	12,749,734	-	-	12,749,734	
Infrastructure - landscape and hardscape	4,159,518	-	-	4,159,518	
Right-to-use leased equipment	182,172	-	-	182,172	
Equipment	46,310	-	-	46,310	
Total capital assets, being depreciated	$  28,044,444	$	-	$	-	$	28,044,444	

Less accumulated depreciation for:			
Infrastructure - roadways and streetlights	654,502	363,557	-	1,018,059	
Infrastructure - stormwater management	800,488	424,991	-	1,225,479	
Infrastructure - landscape and hardscape	296,739	138,650	-	435,389	
Right-to-use leased equipment	25,808	18,217	-	44,025	
Equipment	-	9,262	-	9,262	
Total accumulated depreciation	1,777,537	954,677	-	2,732,214	

Total capital assets, being depreciated, net	
26,266,907	
(954,677)	
-	25,312,230	

Governmental activities capital assets, net	
$  26,266,907	
$	(954,677)	
$	-	$	25,312,230	
Depreciation was charged to maintenance and operations.
NOTE 7 – LONG-TERM LIABILITIES

Series 2015
On September 10, 2015, the District issued $9,210,000 of Special Assessment Bonds (Assessment Area One Project), Series 2015 consisting of $750,000 Term Bonds due November 1, 2020 with a fixed interest rate of 4.000%, $1,215,000 Term Bonds due November 1, 2026 with a fixed interest rate of 4.500%, $2,610,000 due November 1, 2035 with a fixed interest rate of 5.000%, and $4,635,000 Term Bonds due November 1, 2045 with a fixed interest 5.125%. The Bonds were issued to acquire and/or construct a portion of the Assessment Area One Project. Interest is to be paid semiannually on each May 1 and November 1. Principal on the Bonds is to be paid serially commencing November 1, 2016.
The Series 2015 Bonds are subject to redemption prior to maturity at the option of the District, in whole or in part, on any date on or after November 1, 2025. The Bonds are subject to extraordinary mandatory redemption prior to their selected maturity in the manner determined by the Bond Registrar if certain events occurred as outlined in the Bond Indenture.

The Bond Indenture established a debt service reserve requirement as well as other restrictions and requirements relating principally to the use of proceeds to pay for the infrastructure improvements and the procedures to be followed by the District on assessments to property owners. The District agrees to levy special assessments in annual amounts adequate to provide payment of debt service and to meet the reserve requirements. The District was in compliance with the requirements at September 30, 2024.

NOTE 7 – LONG-TERM LIABILITIES (Continued)

Series 2018
On April 27, 2018, the District issued $3,865,000 of Special Assessment Bonds (Assessment Area Two Project), Series 2018 consisting of multiple term bonds with due dates ranging from June 15, 2023 – June 15, 2048 and fixed interest rates ranging from 3.75% to 5%. The Bonds were issued to acquire and/or construct a portion of the Assessment Area Two Project. Interest is to be paid semiannually on each December 15 and June 15. Principal on the Series 2018 Bonds is to be paid serially commencing June 15, 2019 through June 15, 2048.
The Series 2018 Bonds are subject to redemption prior to maturity at the option of the District, in whole or in part, on any date on or after June 15, 2028. The Bonds are subject to extraordinary mandatory redemption prior to their selected maturity in the manner determined by the Bond Registrar if certain events occurred as outlined in the Bond Indenture.

The Bond Indenture established a debt service reserve requirement as well as other restrictions and requirements relating principally to the use of proceeds to pay for the infrastructure improvements and the procedures to be followed by the District on assessments to property owners. The District agrees to levy special assessments in annual amounts adequate to provide payment of debt service and to meet the reserve requirements. The District was in compliance with the requirements at September 30, 2024.
Series 2019
On May 31, 2019, the District issued $3,995,000 of Special Assessment Bonds (Assessment Area Three Project), Series 2019 consisting of multiple term bonds with due dates ranging from June 15, 2024 to June 15, 2049 and fixed rates ranging from 3.5% to 4.375%. The Bonds were issued to acquire and/or construct a portion of the Assessment Area Three Project. Interest is to be paid semiannually on each June 15 and December 15 of each year, commencing June 15, 2019. Principal on the Series 2019 Bonds is to be paid serially commencing on June 15, 2020 through June 15, 2049.

The Series 2019 Bonds are subject to redemption prior to maturity at the option of the District, in whole or in part, on any date on or after June 15, 2029. The Bonds are subject to mandatory sinking fund redemption and extraordinary mandatory redemption prior to their selected maturity in the manner determined by the Bond Registrar if certain events occurred as outlined in the Bond Indenture

The Bond Indenture established a debt service reserve requirement as well as other restrictions and requirements relating principally to the use of proceeds to pay for the infrastructure improvements and the procedures to be followed by the District on assessments to property owners. The District agrees to levy special assessments in annual amounts adequate to provide payment of debt service and to meet the reserve requirements. The District was in compliance with the requirements at September 30, 2024.
Series 2021
On June 15, 2021, the District issued $6,030,000 of Special Assessment Bonds, Series 2021 consisting of Term Bonds between June 15, 2026 and June 15, 2051, with fixed interest rates ranging from 2.375% to 4.0%. The Bonds were issued to finance the acquisition and construction of certain improvements for the benefit of the District. Interest is to be paid semiannually on each June 15 and December 15, commencing December 15, 2021 and the principal on the bonds is to be paid serially commencing June 15, 2022 through June 15, 2051.

The Series 2021 Bonds are subject to redemption prior to maturity at the option of the District, in whole or in part, on any date on or after June 15, 2031. The Series 2021 Bonds are not subject to optional redemption. The Bonds are subject to extraordinary mandatory redemption prior to their selected maturity in the manner determined by the Bond Registrar if certain events occurred as outlined in the Bond Indenture.

The Bond Indenture established a debt service reserve requirement as well as other restrictions and requirements relating principally to the use of proceeds to pay for the infrastructure improvements and the procedures to be followed by the District on assessments to property owners. The District agrees to levy special assessments in annual amounts adequate to provide payment of debt service and to meet the reserve requirements. The District was in compliance with the requirements at September 30, 2024.

NOTE 7 – LONG-TERM LIABILITIES (Continued)

Series 2022
On September 15, 2022, the District issued $3,105,000 of Special Assessment Bonds, Series 2022 (Assessment Area Five Project), consisting of multiple term bonds due from June 15, 2027 to June 15, 2052 with interest rates ranging from 4.25% to 5.15%. The bonds were issued to finance a portion of the cost of the Assessment Area Five Project. Interest is to be paid semiannually on each June 15 and December 15. Principal on the Bonds is to be paid serially commencing June 15, 2023 through June 15, 2052.
The Series 2022 Bonds are subject to redemption prior to maturity at the option of the District, in whole or in part, on any date on or after June 15, 2032. The Series 2022 Bonds are not subject to optional redemption. The Bonds are subject to extraordinary mandatory redemption prior to their selected maturity in the manner determined by the Bond Registrar if certain events occurred as outlined in the Bond Indenture.

The Bond Indenture established a debt service reserve requirement as well as other restrictions and requirements relating principally to the use of proceeds to pay for the infrastructure improvements and the procedures to be followed by the District on assessments to property owners. The District agrees to levy special assessments in annual amounts adequate to provide payment of debt service and to meet the reserve requirements. The District was in compliance with the requirements at September 30, 2024.
Long-term Debt Activity
Changes in long-term liability activity for the fiscal year ended September 30, 2024 were as follows:

	Beginning
Balance	
Additions	
Reductions	Ending
Balance	Due Within
One Year	
Governmental activities						
Bonds payable:						
Series 2015	$	8,080,000	$	-	$	200,000	$	7,880,000	$	205,000	
Less: Original issue discount	(81,196)	-	(3,530)	(77,666)	-	
Series 2018	3,530,000	-	75,000	3,455,000	80,000	
Series 2019	3,695,000	-	80,000	3,615,000	85,000	
Less: Original issue discount	(6,938)	-	(267)	(6,671)	-	
Series 2021	5,780,000	-	130,000	5,650,000	135,000	
Plus: Original issue premium	102,899	-	3,811	99,088	-	
Series 2022	3,055,000	-	50,000	3,005,000	55,000	
Leases payable	160,570	-	16,001	144,569	16,653	
	$  24,315,335	$	-	$	551,015	$ 23,764,320	$	576,653	

At September 30, 2024, the scheduled debt service requirements on the long-term debt were as follows:

Year ending

	Governmental Activities	

  September 30:	Principal	Interest	Total	
2025	$	560,000	$	917,539	$	1,477,539	
2026	575,000	898,581	1,473,581	
2027	595,000	878,787	1,473,787	
2028	625,000	856,730	1,481,730	
2029	660,000	833,124	1,493,124	
2030-2034	3,720,000	3,758,556	7,478,556	
2035-2039	4,635,000	2,937,666	7,572,666	
2040-2044	5,820,000	1,885,491	7,705,491	
2045-2049	5,220,000	659,344	5,879,344	
2050-2052		1,195,000	38,600	1,233,600 	
Total	 $	23,605,000  $	13,664,418  $	37,269,418 	

NOTE 8 – LEASES

Streetlights
In the prior fiscal year, the District entered into certain leases as a lessee for the use of streetlights that will terminate on April 30, 2033. As of September 30, 2024, the value of the lease liability was $144,569. The District is required to make total monthly fixed payments of $1,844. The value of the right-to-use asset as of September 30, 2024 was $182,172 with an accumulated amortization of $44,025. At the end of the lease term, the District may elect to execute a new agreement based on current estimated replacement cost. The Lessor will retain ownership of the streetlights.
The scheduled payments for years ending after September 30, 2024 are as follows

Year ending

	Governmental Activities	

  September 30:	Principal	Interest	Total	
2025	$	16,653	$	5,480	$	22,133	
2026	17,332	4,801	22,133	
2027	18,038	4,095	22,133	
2028	18,773	3,360	22,133	
2029	19,537	2,595	22,132	
2030-2032		54,236	2,941	57,177 	
Total	 $	144,569	$	23,272	$	167,841 	

NOTE 9 – INTERLOCAL

The District and/or the Developer have conveyed certain rights-of-ways (the “City ROW”) to the City of Orlando, Florida (the “City”) and may or will convey others in the future (the “Future City ROW”). However, there are improvements within the City ROW and the Future City ROW that have been constructed by the District that will not be dedicated to the City (the “Improvements”). Therefore, in order to promote and improve the coordination, overall effectiveness and efficiency of governmental activities and services in and around the District, the District and the City entered into the Interlocal Agreement for Rights-of-Way Maintenance during a prior fiscal year. Per the Interlocal Agreement, the City agreed to perpetually maintain the Improvements at its sole cost. However, the District may, but is not obliged to, perform optional maintenance (landscaping, irrigation, fertilization, pest control, etc) on the Improvements at intervals more frequent than the City’s regular maintenance schedule to enhance the aesthetic quality of the rights-of-ways.

NOTE 10 – MANAGEMENT COMPANY

The District has contracted with a management company to perform management advisory services, which include financial and accounting services. Certain employees of the management company also serve as officers of the District. Under the agreement, the District compensates the management company for management, accounting, financial reporting, computer and other administrative costs.

NOTE 11 – RISK MANAGEMENT
The District is exposed to various risks of loss related to torts; theft of, damage to, and destruction of assets; errors and omissions; and natural disasters. The District has obtained commercial insurance from independent third parties to mitigate the costs of these risks; coverage may not extend to all situations. There have been no settled claims over the past three years.

STOREY PARK COMMUNITY DEVELOPMENT DISTRICT CITY OF ORLANDO, FLORIDA
SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE - BUDGET AND ACTUAL – GENERAL FUND FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2024

	
Budgeted
	Amounts	 Original & Final	

Actual Amounts	Variance with Final Budget - Positive
(Negative)	
REVENUES
Assessments	
$	1,191,240	
$  1,232,533	
$	41,293	
Interest	5,000	36,489	31,489	
Total revenues	1,196,240	1,270,853	74,613	

EXPENDITURES
Current:
General government	166,643	140,930	25,713	
Maintenance and operations	1,432,104	872,428	559,676	
Debt service:				
Principal	-	16,001	(16,001)	
Interest	-	6,132	(6,132)	
Capital outlay	-	47,000	(47,000)	
Total expenditures	1,598,747	1,082,491	516,256	

Excess (deficiency) of revenues over (under) expenditures	

(402,507)	

188,362	

590,869	

OTHER FINANCING SOURCES (USES)				
Carryforward	402,507	-	$	(402,507)	
Total other financing sources (uses)	402,507	-	(402,507)	

Net change in fund balances	
 $	-		
188,362	
 $	188,362 	
Fund balance - beginning			739,751 		
Fund balance - ending		 $	928,113 		

See notes to required supplementary information

STOREY PARK COMMUNITY DEVELOPMENT DISTRICT CITY OF ORLANDO, FLORIDA
NOTES TO REQUIRED SUPPLEMENTARY INFORMATION

The District is required to establish a budgetary system and an approved Annual Budget for the general fund. The District’s budgeting process is based on estimates of cash receipts and cash expenditures which are approved by the Board. The budget approximates a basis consistent with accounting principles generally accepted in the United States of America (generally accepted accounting principles).
The legal level of budgetary control, the level at which expenditures may not exceed appropriations, is in the aggregate. Any budget amendment that increases the aggregate budgeted appropriations must be approved by the Board of Supervisors. Actual general fund expenditures did not exceed appropriations for the fiscal year ended September 30, 2024.

STOREY PARK COMMUNITY DEVELOPMENT DISTRICT CITY OF ORLANDO, FLORIDA
OTHER INFORMATION – DATA ELEMENTS REQUIRED BY FL STATUTE 218.39(3)(C)
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2024 UNAUDITED

Element	Comments
Number of District employees compensated in the last pay period of the District’s
fiscal year being reported.	3	
Number of independent contractors compensated to whom nonemployee compensation was paid in the last month of the District’s fiscal year being
reported.	
8	
Employee compensation	$4,063	
Independent contractor compensation	$1,152,878	
Construction projects to begin on or after October 1; ($65K)	Not applicable	

Budget variance report	See the Schedule of Revenues, Expenditures and Changes in Fund Balance - Budget and Actual -
General Fund	
Ad Valorem taxes	Not applicable	
		
Non ad valorem special assessments;		
Special assessment rate for FYE 9/30/2024			
	Operation & Maintenance:		
	Townhome 20'	$367.27	
	Townhome 25'	$459.09	
	Single Family 32'	$587.64	
	Single Family 40'	$734.55	
	Single Family 50'	$918.18	
	Single Family 60'	$1,101.82	
	Debt Service:		
	Series 2015		
	Townhome 20'	$506.38	
	Townhome 25'	$632.98	
	Single Family 32'	$809.57	
	Single Family 40'	$1,012.77	
	Single Family 50'	$1,265.96	
	Single Family 60'	$1,519.15	
	Series 2018		
	Townhome 25'	$632.90	
	Single Family 32'	$810.12	
	Single Family 40'	$1,012.64	
	Single Family 50'	$1,265.81	
	Single Family 60'	$1,518.95	
	Series 2019		
	Single Family 40'	$1,012.64	
	Single Family 50'	$1,265.81	
	Single Family 60'	$1,518.95	
	Series 2021		
	Townhome 25'	$632.98	
	Single Family 32'	$809.57	
	Single Family 40'	$1,012.77	
	Single Family 50'	$1,265.96	
	Single Family 60'	$1,519.15	
	Series 2022 		
	Townhome 25'	$632.35	
	Single Family 32'	$809.41	
	Single Family 40'	$1,011.76	
	Single Family 50'	$1,264.70	
	Single Family 60'	$1,517.64	
Special assessments collected	$2,930,793	
Outstanding Bonds:	see Note 7 for details	

1001 Yamato Road ▪ Suite 301 Boca Raton, Florida 33431
(561) 994-9299 ▪ (800) 299-4728
Fax (561) 994-5823
www.graucpa.com

INDEPENDENT AUDITOR'S REPORT ON INTERNAL CONTROL OVER FINANCIAL REPORTING AND ON COMPLIANCE AND OTHER MATTERS BASED ON AN AUDIT OF FINANCIAL STATEMENTS PERFORMED IN ACCORDANCE WITH GOVERNMENT AUDITING STANDARDS
To the Board of Supervisors
Storey Park Community Development District City of Orlando, Florida
We have audited, in accordance with the auditing standards generally accepted in the United States of America and the standards applicable to financial audits contained in Government Auditing Standards issued by the Comptroller General of the United States, the financial statements of the governmental activities and each major fund of Storey Park Community Development District, City of Orlando, Florida (“District”) as of and for the fiscal year ended September 30, 2024, and the related notes to the financial statements, which collectively comprise the District’s basic financial statements, and have issued our opinion thereon dated June 11, 2025.
Report on Internal Control Over Financial Reporting
In planning and performing our audit of the financial statements, we considered the District’s internal control over financial reporting (internal control) to determine the audit procedures that are appropriate in the circumstances for the purpose of expressing our opinions on the financial statements, but not for the purpose of expressing an opinion on the effectiveness of the District’s internal control. Accordingly, we do not express an opinion on the effectiveness of the District’s internal control.
A deficiency in internal control exists when the design or operation of a control does not allow management or employees, in the normal course of performing their assigned functions, to prevent, or detect and correct misstatements on a timely basis. A material weakness is a deficiency, or a combination of deficiencies, in internal control, such that there is a reasonable possibility that a material misstatement of the entity’s financial statements will not be prevented, or detected and corrected on a timely basis. A significant deficiency is a deficiency, or a combination of deficiencies, in internal control that is less severe than a material weakness, yet important enough to merit attention by those charged with governance.
Our consideration of internal control was for the limited purpose described in the first paragraph of this section and was not designed to identify all deficiencies in internal control that might be material weaknesses or, significant deficiencies. Given these limitations, during our audit we did not identify any deficiencies in internal control that we consider to be material weaknesses. However, material weaknesses or significant deficiencies may exist that were not identified.
Report on Compliance and Other Matters
As part of obtaining reasonable assurance about whether the District’s financial statements are free from material misstatement, we performed tests of its compliance with certain provisions of laws, regulations, contracts, and agreements, noncompliance with which could have a direct and material effect on the determination of financial statement amounts. However, providing an opinion on compliance with those provisions was not an objective of our audit, and accordingly, we do not express such an opinion. The results of our tests disclosed no instances of noncompliance or other matters that are required to be reported under Government Auditing Standards.

Purpose of this Report

The purpose of this report is solely to describe the scope of our testing of internal control and compliance and the results of that testing, and not to provide an opinion on the effectiveness of the entity’s internal control or on compliance. This report is an integral part of an audit performed in accordance with Government Auditing Standards in considering the entity’s internal control and compliance. Accordingly, this communication is not suitable for any other purpose.

June 11, 2025

1001 Yamato Road ▪ Suite 301 Boca Raton, Florida 33431
(561) 994-9299 ▪ (800) 299-4728
Fax (561) 994-5823
www.graucpa.com

INDEPENDENT AUDITOR’S REPORT ON COMPLIANCE WITH THE REQUIREMENTS OF SECTION 218.415, FLORIDA STATUTES, REQUIRED BY RULE 10.556(10) OF THE AUDITOR GENERAL OF THE STATE OF FLORIDA
To the Board of Supervisors
Storey Park Community Development District City of Orlando, Florida
We have examined Storey Park Community Development District, City of Orlando, Florida’s (“District”) compliance with the requirements of Section 218.415, Florida Statutes, in accordance with Rule 10.556(10) of the Auditor General of the State of Florida during the fiscal year ended September 30, 2024. Management is responsible for District’s compliance with those requirements. Our responsibility is to express an opinion on District’s compliance based on our examination.

Our examination was conducted in accordance with attestation standards established by the American Institute of Certified Public Accountants. Those standards require that we plan and perform the examination to obtain reasonable assurance about whether the District complied, in all material respects, with the specified requirements referenced in Section 218.415, Florida Statutes. An examination involves performing procedures to obtain evidence about whether the District complied with the specified requirements. The nature, timing, and extent of the procedures selected depend on our judgment, including an assessment of the risks of material noncompliance, whether due to fraud or error. We believe that the evidence we obtained is sufficient and appropriate to provide a reasonable basis for our opinion. Our examination does not provide a legal determination on the District’s compliance with specified requirements.

In our opinion, the District complied, in all material respects, with the aforementioned requirements for the fiscal year ended September 30, 2024.
This report is intended solely for the information and use of the Legislative Auditing Committee, members of the Florida Senate and the Florida House of Representatives, the Florida Auditor General, management, and the Board of Supervisors of Storey Park Community Development District, City of Orlando, Florida and is not intended to be and should not be used by anyone other than these specified parties.

June 11, 2025

1001 Yamato Road ▪ Suite 301 Boca Raton, Florida 33431
(561) 994-9299 ▪ (800) 299-4728
Fax (561) 994-5823
www.graucpa.com

MANAGEMENT LETTER PURSUANT TO THE RULES OF THE AUDITOR GENERAL FOR THE STATE OF FLORIDA
To the Board of Supervisors
Storey Park Community Development District City of Orlando, Florida

Report on the Financial Statements
We have audited the accompanying basic financial statements of Storey Park Community Development District, City of Orlando, Florida ("District") as of and for the fiscal year ended September 30, 2024 and have issued our report thereon dated June 11, 2025.

Auditor’s Responsibility
We conducted our audit in accordance with auditing standards generally accepted in the United States of America; the standards applicable to financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States; and Chapter 10.550, Rules of the Florida Auditor General.
Other Reporting Requirements

We have issued our Independent Auditor’s Report on Internal Control over Financial Reporting and on Compliance and Other Matters Based on an Audit of the Financial Statements Performed in Accordance with Government Auditing Standards; and Independent Auditor’s Report on an examination conducted in accordance with AICPA Professional Standards, AT-C Section 315, regarding compliance requirements in accordance with Chapter 10.550, Rules of the Auditor General. Disclosures in those reports, which are dated June 11, 2025, should be considered in conjunction with this management letter.

Purpose of this Letter
The purpose of this letter is to comment on those matters required by Chapter 10.550 of the Rules of the Auditor General for the State of Florida. Accordingly, in connection with our audit of the financial statements of the District, as described in the first paragraph, we report the following:

Current year findings and recommendations.
Status of prior year findings and recommendations.
Compliance with the Provisions of the Auditor General of the State of Florida.

Our management letter is intended solely for the information and use of the Legislative Auditing Committee, members of the Florida Senate and the Florida House of Representatives, the Florida Auditor General, Federal and other granting agencies, as applicable, management, and the Board of Supervisors of Storey Park Community Development District, City of Orlando, Florida and is not intended to be and should not be used by anyone other than these specified parties.

We wish to thank Storey Park Community Development District, City of Orlando, Florida and the personnel associated with it, for the opportunity to be of service to them in this endeavor as well as future engagements, and the courtesies extended to us.

June 11, 2025

REPORT TO MANAGEMENT

CURRENT YEAR FINDINGS AND RECOMMENDATIONS
None

PRIOR YEAR FINDINGS AND RECOMMENDATIONS

None
COMPLIANCE WITH THE PROVISIONS OF THE AUDITOR GENERAL OF THE STATE OF FLORIDA

Unless otherwise required to be reported in the auditor’s report on compliance and internal controls, the management letter shall include, but not be limited to the following:

A statement as to whether or not corrective actions have been taken to address findings and recommendations made in the preceding annual financial audit report.
There were no significant findings and recommendations made in the preceding annual financial audit report for the fiscal year ended September 30, 2023.
Any recommendations to improve the local governmental entity's financial management.
There were no such matters discovered by, or that came to the attention of, the auditor, to be reported for the fiscal year ended September 30, 2024.
Noncompliance with provisions of contracts or grant agreements, or abuse, that have occurred, or are likely to have occurred, that have an effect on the financial statements that is less than material but which warrants the attention of those charged with governance.
There were no such matters discovered by, or that came to the attention of, the auditor, to be reported, for the fiscal year ended September 30, 2024.
The name or official title and legal authority of the District are disclosed in the notes to the financial statements.
The District has not met one or more of the financial emergency conditions described in Section 218.503(1), Florida Statutes.
We applied financial condition assessment procedures and no deteriorating financial conditions were noted. It is management’s responsibility to monitor financial condition, and our financial condition assessment was based in part on representations made by management and the review of financial information provided by same.

Management has provided the specific information required by Section 218.39(3)(c) in the Other Information section of the financial statements on page 26.

Section VI

Section A

RESOLUTION 2025-06

THE ANNUAL APPROPRIATION RESOLUTION OF THE STOREY PARK COMMUNITY DEVELOPMENT DISTRICT (THE “DISTRICT”) RELATING TO THE ANNUAL APPROPRIATIONS AND ADOPTING THE BUDGET FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2025 AND ENDING SEPTEMBER 30, 2026; AND PROVIDING FOR AN EFFECTIVE DATE.
WHEREAS, the District Manager has, prior to the fifteenth (15th) day in June, 2025, submitted to the Board of Supervisors (the “Board”) a proposed budget for the next ensuing budget year along with an explanatory and complete financial plan for each fund of the Storey Park Community Development District, pursuant to the provisions of Section 190.008(2)(a), Florida Statutes; and

WHEREAS, at least sixty (60) days prior to the adoption of the proposed annual budget (the “Proposed Budget”), the District filed a copy of the Proposed Budget with the local governing authorities having jurisdiction over the area included in the District pursuant to the provisions of Section 190.008(2)(b), Florida Statutes; and

WHEREAS, the Board set July 15, 2025, as the date for a public hearing thereon and caused notice of such public hearing to be given by publication pursuant to Section 190.008(2)(a), Florida Statutes; and

WHEREAS, Section 190.008(2)(a), Florida Statutes, requires that, prior to October 1, of each year, the District Board by passage of the Annual Appropriation Resolution shall adopt a budget for the ensuing fiscal year and appropriate such sums of money as the Board deems necessary to defray all expenditures of the District during the ensuing fiscal year; and
WHEREAS, the District Manager has prepared a Proposed Budget, whereby the budget shall project the cash receipts and disbursements anticipated during a given time period, including reserves for contingencies for emergency or other unanticipated expenditures during the fiscal year.

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF STOREY PARK COMMUNITY DEVELOPMENT DISTRICT;

Section 1.	Budget

That the Board of Supervisors has reviewed the District Manager’s Proposed Budget, a copy of which is on file with the office of the District Manager and at the District’s Records Office, and hereby approves certain amendments thereto, as shown in Section 2 below.

That the District Manager’s Proposed Budget, attached hereto as Exhibit “A,” as amended by the Board, is hereby adopted in accordance with the provisions of Section 190.008(2)(a), Florida Statutes, and incorporated herein by reference; provided, however, that the comparative figures contained in the adopted budget may be subsequently revised as deemed necessary by the District Manager to reflect actual revenues and expenditures for Fiscal Year 2025 and/or revised projections for Fiscal Year 2026.

That the adopted budget, as amended, shall be maintained in the office of the District Manager and at the District’s Records Office and identified as “The Budget for Storey Park Community Development District for the Fiscal Year Ending September 30, 2026," as adopted by the Board of Supervisors on July 15, 2025.
Section 2.	Appropriations

There is hereby appropriated out of the revenues of the Storey Park Community Development District, for the fiscal year beginning October 1, 2025, and ending September 30, 2026, the sum of $	 to be raised by the levy of assessments and/or otherwise, which sum is deemed by the Board of Supervisors to be necessary to defray all expenditures of the District during said budget year, to be divided and appropriated in the following fashion:

TOTAL GENERAL FUND	$		
CAPITAL RESERVE FUND	$		
DEBT SERVICE FUND – SERIES 2015	$		
DEBT SERVICE FUND – SERIES 2018	$		
DEBT SERVICE FUND – SERIES 2019	$		
DEBT SERVICE FUND – SERIES 2021	$		
DEBT SERVICE FUND – SERIES 2022	$		
TOTAL ALL FUNDS	$		
Section 3.	Supplemental Appropriations		

The Board may authorize by resolution, supplemental appropriations or revenue changes for any lawful purpose from funds on hand or estimated to be received within the fiscal year as follows:
Board may authorize a transfer of the unexpended balance or portion thereof of any appropriation item.

Board may authorize an appropriation from the unappropriated balance of any fund.

Board may increase any revenue or income budget amount to reflect receipt of any additional unbudgeted monies and make the corresponding change to appropriations or the unappropriated balance.

The District Manager and Treasurer shall have the power within a given fund to authorize the transfer of any unexpected balance of any appropriation item or any portion thereof, provided such transfers do not exceed Ten Thousand ($10,000) Dollars or have the effect of causing more than 10% of the total appropriation of a given program or project to be transferred previously approved transfers included.  Such transfer shall not have the effect of causing a more than
$10,000 or 10% increase, previously approved transfers included, to the original budget appropriation for the receiving program. Transfers within a program or project may be approved by the Board of Supervisors. The District Manager or Treasurer must establish administrative procedures which require information on the request forms proving that such transfer requests comply with this section.

Introduced, considered favorably, and adopted this 15th day of July, 2025.

ATTEST:	STOREY	PARK	COMMUNITY DEVELOPMENT DISTRICT

Secretary/Assistant Secretary

By:	 Its:	

Section B

RESOLUTION 2025-07

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE STOREY PARK COMMUNITY DEVELOPMENT DISTRICT IMPOSING SPECIAL ASSESSMENTS AND CERTIFYING AN ASSESSMENT ROLL; PROVIDING A SEVERABILITY CLAUSE; AND PROVIDING AN EFFECTIVE DATE.

WHEREAS, the Storey Park Community Development District (“the District”) is a local unit of special-purpose government established pursuant to Chapter 190, Florida Statutes for the purpose of providing, operating and maintaining infrastructure improvements, facilities and services to the lands within the District; and
WHEREAS, the District is located in Orange County, Florida (the “County”); and

WHEREAS, the District has constructed or acquired various infrastructure improvements and provides certain services in accordance with the District’s adopted Improvement Plan and Chapter 190, Florida Statutes; and

WHEREAS, the Board of Supervisors of the District (“Board”) hereby determines to undertake various operations and maintenance activities described in the District’s budget for Fiscal Year 2025-2026 (“Operations and Maintenance Budget”), attached hereto as Exhibit “A” and incorporated by reference herein; and

WHEREAS, the District must obtain sufficient funds to provide for the operation and maintenance of the services and facilities provided by the District as described in the District’s budget for Fiscal Year 2025-2026; and

WHEREAS, the provision of such services, facilities, and operations is a benefit to lands within the District; and

WHEREAS, Chapter 190, Florida Statutes, provides that the District may impose special assessments on benefitted lands within the District; and
WHEREAS, the District has previously levied an assessment for debt service, a portion of which the District desires to collect on the tax roll for platted lots, pursuant to the Uniform Method (defined below) and which is also indicated on Exhibit “A”, and the remaining portion of which the District desires to levy and directly collect on the remaining unplatted lands; and
WHEREAS, Chapter 197, Florida Statutes, provides a mechanism pursuant to which such special assessments may be placed on the tax roll and collected by the local tax collector (“Uniform Method”); and

WHEREAS, the District has previously evidenced its intention to utilize this Uniform Method and has approved an Agreement with the County Tax Collector to provide for the collection of the special assessments under the Uniform Method; and

WHEREAS, it is in the best interests of the District to collected special assessments for operations and maintenance on platted lots using the Uniform Method and to directly collect from the remaining unplatted property reflecting their portion of the District’s operations and maintenance expenses, as set forth in the budget; and

WHEREAS, it is in the best interests of the District to adopt the Assessment Roll of the Storey Park Community Development District (the “Assessment Roll”) attached to this Resolution as Exhibit “B” and incorporated as a material part of this Resolution by this reference, and to certify the portion of the Assessment Roll on platted property to the County Tax Collector pursuant to the Uniform Method and to directly collect the remaining portion on the unplatted property; and
WHEREAS, it is in the best interests of the District to permit the District Manager to amend, from time to time, the Assessment Roll adopted herein, including that portion certified to the County Tax Collector by this Resolution, as the Property Appraiser updates the property roll for the County, for such time as authorized by Florida law.

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE STOREY PARK COMMUNITY DEVELOPMENT DISTRICT:

SECTION 1.	INCORPORATION OF RECITALS AND AUTHORITY.	The
recitals stated above are true and correct and by this reference are incorporated by reference as a material part of this Resolution. The Resolution is adopted pursuant to the provisions of Florida Law, including Chapter 170, 190 and 197, Florida Statutes.
SECTION 2. BENEFIT. The provision of the services, facilities, and operations as described in Exhibit “A” confer a special and peculiar benefit to the lands within the District, which benefits exceed or equal the costs of the assessments. The allocation of the costs to the specially benefitted lands is shown in Exhibits “A” and “B.”

SECTION 3. ASSESSMENT IMPOSITION. A special assessment for operation and maintenance as provided for in Chapter 190, Florida Statutes, is hereby imposed and levied on benefitted lands within the District in accordance with Exhibit “B.” The lien of the special assessments for operations and maintenance imposed and levied by this Resolution shall be effective upon passage of this Resolution.

SECTION 4. COLLECTION. The collection of the previously levied debt service assessments and operation and maintenance special assessments on platted lots and developed lands shall be at the same time and in the same manner as County taxes in accordance with the Uniform Method, as set forth in Exhibits “A” and “B.” The previously levied debt services assessments and operations and maintenance assessments on undeveloped and unplatted lands will be collected directly by the District in accordance with Florida law, as set forth in Exhibits “A” and “B.” Assessments directly collected by the District are due according to the flowing schedule: 50% due no later than November 1, 2025, 25% due no later than February 1, 2026 and

25% due no later than May 1, 2026. In the event that an assessment payment is not made in accordance with the schedule stated above, such assessment and any future scheduled assessment payments due for Fiscal Year 2026 shall be delinquent and shall accrue penalties and interest in the amount of one percent (1%) per month plus all costs of collection and enforcement, and shall either be enforced pursuant to a foreclosure action, or, at the District’s discretion, collected pursuant to the Uniform Method on a future tax bill, which amount may include penalties, interest, and costs of collection and enforcement. In the event as assessment subject to direct collection by the District shall be delinquent, the District Manager and District Counsel, without further authorization by the Board, may initiate foreclosure proceedings to collect and enforce the delinquent and remaining assessments. Notwithstanding the foregoing, any assessments which, by operation of law or otherwise, have been accelerated for non-payment, are not certified by this Resolution.
SECTION 5.	CERTIFICATION OF ASSESSMENT ROLL.	The District’s
Assessment Roll, attached to this Resolution as Exhibit “B,” is hereby certified. That portion of the District’s Assessment Roll which includes developed lands and platted lots is hereby certified to the County Tax Collector and shall be collected by the County Tax Collector in the same manner and time as County taxes. The proceeds there from shall be paid to the Storey Park Community Development District.

SECTION 6. ASSESSMENT ROLL AMENDMENT. The District Manager shall keep appraised of all updates made to the County property roll by Property Appraiser after the date of this Resolution, and shall amend the District’s Assessment Roll in accordance with any such updates, for such time as authorized by Florida law, to the County property roll. After any amendment of the Assessment Roll, the District Manager shall file the updates to the tax roll in the District records.
SECTION 7. SEVERABILITY. The invalidity or unenforceability of any one or more provisions of this Resolution shall not affect the validity or enforceability of the remaining portions of this Resolution, or any part thereof.

SECTION 8. EFFECTIVE DATE. This Resolution shall take effect upon the passage and adoption of this Resolution by the Board of Supervisors of the Storey Park Community Development District.

PASSED AND ADOPTED this 15th day of July, 2025.

ATTEST:	STOREY	PARK	COMMUNITY DEVELOPMENT DISTRICT

Secretary/Assistant Secretary

By:	 Its:	

Section VII

AMENDMENT TO THE LICENSE AND OPERATION AGREEMENT BETWEEN STOREY PARK COMMUNITY DEVELOPMENT DISTRICT AND STOREY PARK COMMUNITY ASSOCIATION, INC. RELATED TO SECURITY

This AMENDMENT TO THE LICENSE AND OPERATION AGREEMENT BETWEEN STOREY	PARK	COMMUNITY	DEVELOPMENT	DISTRICT	AND	STOREY	PARK COMMUNITY ASSOCIATION, INC. RELATED TO SECURITY (“Amendment”), dated June 	,
2025 is made by and between STOREY PARK COMMUNITY DEVELOPMENT DISTRICT, a local unit of special purpose government created pursuant to Chapter 190, Florida Statutes, whose address is c/o Governmental Management Services – Central Florida, LLC, 219 E. Livingston Street, Orlando, Florida 32801 (the “District”), and STOREY PARK COMMUNITY ASSOCIATION, INC., a Florida not for profit corporation, whose address is 5540 State Road 64 East, Suite 220, Bradenton, Florida 34208 (the “Licensee”).

WHEREAS, District and Licensee are parties to that certain License and Operation Agreement Between Storey Park Community Development District and Storey Park Community Association, Inc. Related to Security, dated May 6, 2025 (the “Agreement”) relating to the agreement that the Licensee entered into with Flock Group Inc., d/b/a Flock Safety; and
WHEREAS, the Agreement is currently in full force and effect between District and Licensee;
and

WHEREAS, District and Licensee desire to amend the Agreement to include, in addition to the original scope of Work in the Agreement, the Additional Service Areas described in the proposal attached as Exhibit “A” (the “Proposal”).

NOW, THEREFORE, in consideration of the mutual benefits to be realized by the parties upon the execution hereof and other good and valuable consideration, the receipt and sufficiency of which is acknowledged, the parties agree as follows:

The foregoing recitals are true and correct and are hereby incorporated by reference as terms.
The District and Licensee acknowledge and agree that the Agreement is in full force and effect.
District and Contractor hereby agree to amend the scope of Work to include, in addition to the Work described in the Agreement, the Additional Service Areas described in the Proposal.
This Amendment may be executed in as many counterparts as may be required and it shall not be necessary that the signature of, or on behalf of, each party appear on each counterpart; it shall be sufficient that the signature of, or on behalf of, each party appear on one or more of such counterparts. All counterparts shall collectively constitute a single Agreement.

Except as specifically modified and/or amended herein, all provisions of the Agreement shall remain in full force and effect.
All of the provisions contained herein shall become effective upon the execution of this Agreement.

IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be executed on their behalf by duly authorized representatives, all as of the date first set forth above.

STOREY PARK COMMUNITY DEVELOPMENT DISTRICT,
a Florida community development district

By: 	

Print: 	

Title: 	

STOREY	PARK	COMMUNITY ASSOCIATION, INC., a
Florida not for profit corporation

By: 	

Print: 	
Title: 	

EXHIBIT “A” PROPOSAL

[ATTACHED]

Storey Park Community Association
Safety & Operations Committee
Flock Camera Locations Proposal – June 12, 2025

All locations/ equipment installed by Flock Safety.

FLOCK 1 – (Dowen Rd Eastbound, West of Biography Way/ Ellison Ave) LPR / Fixed – Solar

FLOCK 2 – (History Ave Northbound, North of Storey Park Blvd) LPR – Solar

FLOCK 3 – NOTE: LOCATION BELOW ALREADY APPROVED BY CDD (Sonnet Ave
Northbound just after Storey Park Blvd) LPR / Fixed – SOLAR

FLOCK 4 – (Storey Time Dr Northbound, North of Storey Park Blvd) LPR / Fixed – Solar

FLOCK 5 – (Introduction Way Westbound, West of Dowden Rd) LPR – Solar

FLOCK 6 – (Stanza Way Westbound, West of Dowden Rd) LPR / Fixed – Solar

FLOCK 7 – (Exploration Ave Westbound, East of Language) LPR – Solar

Section VIII

From: Stacie Vanderbilt svanderbilt@gmscfl.com
Subject: Fwd: Storey Park CDD Items
Date: July 9, 2025 at 7:53 PM
To:

From: Cameron Roberts <croberts@ poulosandbennett.com>
Subject: RE: Storey Park CDD Items Date: June 30, 2025 at 10:09:21 AM EDT
To: 'Jason Showe' <jshowe@gmscfl.com>
Cc: Christina Baxter <cbaxter@ p oulosandbennett.com>, 15-060 <15-060@ poulosandbennett.com>, Nicolle Van Valkenburg <nvanvalkenburg@ poulosandbennett.com>
Jason,
Please see attached the last page of the Parking and Towing Rules Document. This has been marked to be consistent with the previous no parking recommendation provided previously.
Also recommend to include a 15’ clearance zone of all fire hydrants in Section 1.3.2.
Thank you,

1	2	3	4	5	6	7	8	9

Key Map:

F	F

Consultant:

E	E

D	D		

Project Name:	
		STOREY PARK - PARCEL K PHASE 3
(WEWAHOOTEE PD)	

C	

C		

Submittal To:	
		CITY OF ORLANDO, FL	

Sheet Title:	
		PARKING
DESIGNATION & SIGHT DISTANCE PLAN	

Sheet No.:	

B	
B	C3.10	

NICOLLE VAN VALKENBURG
P.E. NO. 0066616
DATE:	June 30, 2021	

Seal:

R

This item has been electronically signed and sealed using a digital signature. Printed copies of this document are not considered
A	A  signed and sealed and the signature must be verified on any
electronic copies.

AutoCAD SHX Text
--------------------------------------------
50'

1	2	3	4	5	6	7	8	9

Poulos & Bennett, LLC
2602 E Livingston St, Orlando, FL 32803 Tel. 407.487.2594 www.poulosandbennett.com
Eng. Bus. No. 28567

Section IX

Section A

Storey Park Community Development District Performance Measures/Standards &
Annual Reporting Form
October 1, 2025 – September 30, 2026

 Community Communication and Engagement
Goal 1.1: Public Meetings Compliance
Objective: Hold at least three regular Board of Supervisor meetings per year to conduct CDD related business and discuss community needs.
Measurement: Number of public board meetings held annually as evidenced by meeting minutes and legal advertisements.
Standard: A minimum of three board meetings were held during the Fiscal Year.
Achieved: Yes ☐ No ☐

Goal 1.2: Notice of Meetings Compliance
Objective: Provide public notice of meetings in accordance with Florida Statutes, using at least two communication methods.
Measurement: Timeliness and method of meeting notices as evidenced by posting to CDD website, publishing in local newspaper and via electronic communication.
Standard: 100% of meetings were advertised per Florida statute on at least two mediums (i.e., newspaper, CDD website, electronic communications).
Achieved: Yes ☐ No ☐

Goal 1.3: Access to Records Compliance
Objective: Ensure that meeting minutes and other public records are readily available and easily accessible to the public by completing monthly CDD website checks.
Measurement: Monthly website reviews will be completed to ensure meeting minutes and other public records are up to date as evidenced by District Management’s records.
Standard: 100% of monthly website checks were completed by District Management.
Achieved: Yes ☐ No ☐

 Infrastructure and Facilities Maintenance
Goal 2.1: Field Management and/or District Management Site Inspections
Objective: Field manager and/or district manager will conduct inspections per District Management services agreement to ensure safety and proper functioning of the District’s infrastructure.
Measurement: Field manager and/or district manager visits were successfully completed per management agreement as evidenced by ﬁeld manager and/or district manager’s reports, notes or other record keeping method.
Standard: 100% of site visits were successfully completed as described within district management services agreement
Achieved: Yes ☐ No ☐

Goal 2.2: District Infrastructure and Facilities Inspections
Objective: District Engineer will conduct an annual inspection of the District’s infrastructure and related systems.
Measurement: A minimum of one inspection completed per year as evidenced by district engineer’s report related to district’s infrastructure and related systems.
Standard: Minimum of one inspection was completed in the Fiscal Year by the district’s engineer.
Achieved: Yes ☐ No ☐
 Financial Transparency and Accountability
Goal 3.1: Annual Budget Preparation
Objective: Prepare and approve the annual proposed budget by June 15 and ﬁnal budget was adopted by September 30 each year.
Measurement: Proposed budget was approved by the Board before June 15 and ﬁnal budget was adopted by September 30 as evidenced by meeting minutes and budget documents listed on CDD website and/or within district records.
Standard: 100% of budget approval & adoption were completed by the statutory deadlines and posted to the CDD website.
Achieved: Yes ☐ No ☐
Goal 3.2: Financial Reports
Objective: Publish to the CDD website the most recent versions of the following documents: Annual audit, current ﬁscal year budget with any amendments, and most recent ﬁnancials within the latest agenda package.
Measurement: Annual audit, previous years’ budgets, and ﬁnancials are accessible to the public as evidenced by corresponding documents on the CDD’s website.
Standard: CDD website contains 100% of the following information: Most recent annual audit, most recent adopted/amended ﬁscal year budget, and most recent agenda package with updated ﬁnancials.
Achieved: Yes ☐ No ☐

Goal 3.3: Annual Financial Audit
Objective: Conduct an annual independent ﬁnancial audit per statutory requirements and publish the results to the CDD website for public inspection, and transmit to the State of Florida.
Measurement: Timeliness of audit completion and publication as evidenced by meeting minutes showing board approval and annual audit is available on the CDD’s website and transmitted to the State of Florida.
Standard: Audit was completed by an independent auditing ﬁrm per statutory requirements and results were posted to the CDD website and transmitted to the State of Florida.
Achieved: Yes ☐ No ☐

Chair/Vice Chair:		Date:	 Print Name:	 
Storey Park Community Development District

District Manager:		Date:	 Print Name:	 
Storey Park Community Development District

Section B

Storey Park Community Development District Performance Measures/Standards &
Annual Reporting Form
October 1, 2024 – September 30, 2025

 Community Communication and Engagement
Goal 1.1: Public Meetings Compliance
Objective: Hold at least three regular Board of Supervisor meetings per year to conduct CDD related business and discuss community needs.
Measurement: Number of public board meetings held annually as evidenced by meeting minutes and legal advertisements.
Standard: A minimum of three board meetings were held during the Fiscal Year.
Achieved: Yes ☐ No ☐

Goal 1.2: Notice of Meetings Compliance
Objective: Provide public notice of meetings in accordance with Florida Statutes, using at least two communication methods.
Measurement: Timeliness and method of meeting notices as evidenced by posting to CDD website, publishing in local newspaper and via electronic communication.
Standard: 100% of meetings were advertised per Florida statute on at least two mediums (i.e., newspaper, CDD website, electronic communications).
Achieved: Yes ☐ No ☐

Goal 1.3: Access to Records Compliance
Objective: Ensure that meeting minutes and other public records are readily available and easily accessible to the public by completing monthly CDD website checks.
Measurement: Monthly website reviews will be completed to ensure meeting minutes and other public records are up to date as evidenced by District Management’s records.
Standard: 100% of monthly website checks were completed by District Management.
Achieved: Yes ☐ No ☐

 Infrastructure and Facilities Maintenance
Goal 2.1: Field Management and/or District Management Site Inspections
Objective: Field manager and/or district manager will conduct inspections per District Management services agreement to ensure safety and proper functioning of the District’s infrastructure.
Measurement: Field manager and/or district manager visits were successfully completed per management agreement as evidenced by ﬁeld manager and/or district manager’s reports, notes or other record keeping method.
Standard: 100% of site visits were successfully completed as described within district management services agreement
Achieved: Yes ☐ No ☐

Goal 2.2: District Infrastructure and Facilities Inspections
Objective: District Engineer will conduct an annual inspection of the District’s infrastructure and related systems.
Measurement: A minimum of one inspection completed per year as evidenced by district engineer’s report related to district’s infrastructure and related systems.
Standard: Minimum of one inspection was completed in the Fiscal Year by the district’s engineer.
Achieved: Yes ☐ No ☐
 Financial Transparency and Accountability
Goal 3.1: Annual Budget Preparation
Objective: Prepare and approve the annual proposed budget by June 15 and ﬁnal budget was adopted by September 30 each year.
Measurement: Proposed budget was approved by the Board before June 15 and ﬁnal budget was adopted by September 30 as evidenced by meeting minutes and budget documents listed on CDD website and/or within district records.
Standard: 100% of budget approval & adoption were completed by the statutory deadlines and posted to the CDD website.
Achieved: Yes ☐ No ☐
Goal 3.2: Financial Reports
Objective: Publish to the CDD website the most recent versions of the following documents: Annual audit, current ﬁscal year budget with any amendments, and most recent ﬁnancials within the latest agenda package.
Measurement: Annual audit, previous years’ budgets, and ﬁnancials are accessible to the public as evidenced by corresponding documents on the CDD’s website.
Standard: CDD website contains 100% of the following information: Most recent annual audit, most recent adopted/amended ﬁscal year budget, and most recent agenda package with updated ﬁnancials.
Achieved: Yes ☐ No ☐

Goal 3.3: Annual Financial Audit
Objective: Conduct an annual independent ﬁnancial audit per statutory requirements and publish the results to the CDD website for public inspection, and transmit to the State of Florida.
Measurement: Timeliness of audit completion and publication as evidenced by meeting minutes showing board approval and annual audit is available on the CDD’s website and transmitted to the State of Florida.
Standard: Audit was completed by an independent auditing ﬁrm per statutory requirements and results were posted to the CDD website and transmitted to the State of Florida.
Achieved: Yes ☐ No ☐

Chair/Vice Chair:		Date:	 Print Name:	 
Storey Park Community Development District

District Manager:		Date:	 Print Name:	 
Storey Park Community Development District

Section X

Section B

Section 1

From: Stacie Vanderbilt svanderbilt@gmscfl.com
Subject: Fwd: Storey Park CDD Items
Date: July 9, 2025 at 7:49 PM
To:

From: Cameron Roberts	
Sent: Friday, June 27, 2025 3:12 PM
To: 'Jason Showe' <jshowe@gmscﬂ.com>
Cc: ChrisIna Baxter <cbaxter@poulosandbenneN.com>; 15-060 <15-060@poulosandbenneN.com>; Nicolle Van Valkenburg <nvanvalkenburg@poulosandbenneN.com>
Subject: RE: Storey Park CDD Items

Jason,
After review of the repair proposal, our comments are as follows:
Item 1.002 – Density Tests – We recommend this is clarified to what specification the density tests will be achieved to.
 We recommend the CDD or the Contractor engages with a geotechnical engineer to provide recommendations and inspection services.
 This also relates to Item 4.004 – Import Clay Fill – We consider clay fill to be a suboptimal material selection. Suitability of the material can be verified by the geotechnical engineer.
Item 1.005 – MOT – We recommend having the Contractor confirm where/what MOT is required.
Exclusion 7 – no dewatering – When will the repair work be completed? We are now entering the wet season and dewatering can be expected.
 We recommend to either the Contractor include a dewatering fee or allow for this in the project’s budget.
 It appears the fiberglass post holding the bleed-down pvc pipe has been affected. The bleed-down pipe will need to be re-set to the invert elevation specified on the approved plans. Please have the Contractor include this work.
Please let me know if you have any questions. Will follow up next week regarding the parking. Thank you,

				Proposal	
		Project Name:	Storey Park	
		Project Phase:	Retention Pond Concrete Weir Replacement	
	Project Address:	Storey Park	
1980 Cameron Ave
Sanford, FL 32771
P: (386) 218-6969	F: (386) 218-6970
www.allterraintractorservice.com	City, State, Zip:	Orlando, FL 32832	
	Proposal Date:	Tuesday, May 7, 2024	
			Proposal price good for 20 days from the date of this proposal.	
Prepared for:	GMS Central Florida	Contact:	Alan Scheerer	
Address:	219 E. Livingston Street	Phone:	407-841-5524	
		Cell:	407-398-2890	
City. State, Zip:	Orlando, FL 32801	Email:	ascheerer@gmscfl.com	

Scope of Work	
1.	Under The Terms and Conditions of This Proposal. All Terrain Tractor Service Inc, Hereby Proposes to Provide Labor, Materials, Supervision Necessary to Complete "ONLY" the Described Line Items Listed Below. No Other Work
expressed or Implied in This Proposal.	
Qualifications & Exclusions	

1.	There are No permits included in this proposal. If any are required, they will be at an additional cost.	
2.	There are No bonds included in this proposal. If any are required, they will be at an additional cost.	
3.	There is No handling of contaminated, hazardous, or unsuitable materials included in this proposal. If any is required, it will be at an additional cost.	
4.	There is No Night Work, Overtime, or Plant Opening fee's included in this proposal. If any are required, they will be at an additional cost.	
5.	Proposal price is based on the assumption that this project will require red-lined as-builts only. If certified as-builts are required, they will be at an additional cost.	
6.	Any electrical, power, gas, CATV, telephone, utilities relocated or removed by others.	
7.	There is No Dewatering In This Proposal. If Needed it will be an additional Costs.	
8.	There is No Seeding, Landscaping, or Irrigation or Irrigation Repairs in this Proposal. If needed it will be an additional Costs.	
9.	Any electrical work associated with site work scope is by others.	
10	This Bid is Based Soley on Information Provided by Others. All Terrain Accepts No Responsibilty to Unforeseen Differences.	

CODE	DECRIPTION	QTY	UOM	UNIT PRICE	TOTAL	
	General Conditions					
1.001	Mobilization	1	LS	$5,500.00	$5,500.00	
1.001	Layouts	1	LS	$1,800.00	$1,800.00	
1.002	Density Tests	1	LS	$2,500.00	$2,500.00	
1.005	MOT	1	LS	$2,250.00	$2,250.00	
1.001	Supervision	40	HR	$85.00	$3,400.00	
						
5.1	Repair Skimmer On Control Structure	1	LS	$2,500.00	$2,500.00	
						
3.003	Remove Concrete Weir (80' X 35')	2800	SF	$10.00	$28,000.00	
	Demo Crew and Specialty Tools					
	Skid Steer w/ Jack Hammer Attachment					

	Excavator w/ Thumb Attachment					
	Front End Loader w/ Bucket					
	Tri Axel Dump Truck					
						
4.004	Import Clay Fill	(54 CY)	1	LS	$8,500.00	$8,500.00	
4.003	Grade Crew and Specialty Tools					
	Skid Steer Bucket					
	Front End Loader w/ Bucket					
						
6.2	Form Pour & Finish Concrete Weir 3000 PSI w/
Light Broom Finish	2800	SF	$18.55	$51,940.00	
	Concrete Pumps, Georgia Buggies, Concrete
Wagon	1	LS	$9,256.00	$9,256.00	
						
9	Sod Restoration	5000	SF	$1.25	$6,250.00	

Change Order Total	$121,896.00	

Landon Masssa	
	
All Terrain Tractor Service, Inc.	
	/	/				/	/		
Authorized Signature	Date		Authorized Signature	Date	
	Price is subject to change, pending receipt of 'Final Construction Drawings'.		

COD BOUNDARY

Kc-y

Hm�	L,,:1J l"'

D	Prmt.c
D	COO-Pond
City & COO-Pond
c;,y °".,...,..,.
COO-Po,1(

Po-<4110

D	CD0-0:bn
®
-l �PIJl«lIISAGA.TtOCOMMUMf'I'.n«UllOII:£ ntl
ll>A6WAYSAA(,-,YA.TtUOWW(OIVtwlltO,l.
1. ntEOONstlUJCnoNCOSnFOROOWOf.MROolD, IIOIQVAflOH WAYSOIJOI. ANO TI4{«)t,'!((1011 "°-'OM(NOTINQ.UOfOllolnllSCOO
....
©

®

'==:=	.._a-�	

©

\

��:�;�

'-���....•.:.:;...,..._...•.a..-.
<;c;.a:;-o.	,!lOf;.�� 
����:�
-.�����
��­
_
+ ••
.	--

'	/
a.--

-

Section C

Section 1

This item will be provided under separate cover

Section 2

This item will be provided under separate cover

Section 3

NOTICE OF MEETING DATES STOREY PARK
COMMUNITY DEVELOPMENT DISTRICT
Fiscal Year 2026
The Board of Supervisors of the Storey Park Community Development District will hold its regularly scheduled public meetings for Fiscal Year 2026 at 4:00 pm at the Offices of GMS-CF, LLC, 219 E. Livingston Street, Florida 32801, on the Second Tuesday of each month as follows (exceptions noted below):

October 7, 2025
November 4, 2025
December 2, 2025
January 6, 2026
February 3, 2026
March 3, 2026
April 7, 2026
May 5, 2026
June 2, 2026
July 7, 2026
August 4, 2026
September 1, 2026

The meetings are open to the public and will be conducted in accordance with the provisions of Florida Law for Community Development Districts. A copy of the meeting agenda may be obtained from the District Manager at 219 E. Livingston Street, Orlando, FL 32801; by calling (407) 841-5524 or via the District’s website at https://storeyparkcdd.com.

A meeting may be continued to a date, time and place to be specified on the record at that meeting. There may be occasions when one or more Supervisors, staff or other individuals will participate by telephone.

Any person requiring special accommodations at a meeting because of a disability or physical impairment should contact the District Office at (407) 841-5524 at least 48 hours prior to the meeting. If you are hearing or speech impaired, please contact the Florida Relay Service at (800) 955-8770 for aid in contacting the District Office.

Each person who decides to appeal any action taken at these meetings is advised that person will need a record of the proceedings and that accordingly, the person may need to ensure that a verbatim record of the proceedings is made, including the testimony and evidence upon which such appeal is to be based.

Jason M. Showe
Governmental Management Services – Central Florida, LLC District Manager