Wynnfield Lakes Community Development District 475 West Town Place, Suite 114
St. Augustine, Florida 32092 www.WynnfieldLakesCDD.net
September 8, 2025 Board of Supervisors
Wynnfield Lakes Community Development District
Call-In # 1-877-304-9269 Code 7094610

Dear Board Members:

The Wynnfield Lakes Community Development District Board of Supervisors Meeting is scheduled to be held Monday, September 15, 2025 at 6:00 p.m. at the University of North Florida, University Center, 12000 Alumni Drive, Room 1090, Jacksonville, Florida.
Following is the agenda for the meeting:

	I.	Roll Call

	I.	Approval of the Minutes
	A.	July 23, 2025 Board of Supervisors Meeting

	A.	August 20, 2025 Special Meeting

	I.	Public Comment

	I.	Financing Matters
	A.	Public Hearing for the Purpose of Levying Special Assessments; Consideration of Resolution 2025-09

	A.	Consideration of Delegation Resolution 2025-10
	1.	Master Indenture and Supplemental Indenture

	1.	Escrow Deposit Agreement

	A.	Consideration of Supplemental Assessment Resolution 2025-11

	A.	Bank Term Sheet

	A.	Notice of Assessments

	I.	Consideration of Resolution 2025-12, Setting a Public Hearing Date to Adopt Amended Rules of Procedure
	II.	Staff Reports
	A.	District Counsel

	A.	District Engineer

	A.	District Manager – Consideration of Goals & Objectives for Fiscal Year 2026
	B.	General Manager
	1.	Report

	1.	Proposal for Sod Replacement

	1.	Proposal for Holiday Lighting

	I.	Public Comments / Supervisors’ Requests

	I.	Other Business

	I.	Financial Reports
	A.	Financial Statements as of July 31, 2025

	A.	Assessment Receipts Schedule

	A.	Check Register

	I.	Next Scheduled Meeting – Wednesday, November 19, 2025 @ 6:00 p.m. at the University of North Florida, University Center, 12000 Alumni Drive, Room 1090, Jacksonville, FL 32224

	I.	Adjournment

MINUTES

A.
MINUTES OF MEETING
WYNNFIELD LAKES COMMUNITY DEVELOPMENT DISTRICT
The regular meeting of the Board of Supervisors of the Wynnfield Lakes Community Development District was held Wednesday, July 23, 2025 at 6:00 p.m. at the University of North Florida, University Center, 12000 Alumni Drive, Room 1090, Jacksonville, Florida.
Present and constituting a quorum were:

Kristi Sweeney	Chairperson
Luis Diaz-Rodriguez	Vice Chairman
Mark Oliver	Supervisor
Nate Dickinson	Supervisor
Jeff Lawton	Supervisor

Also present were:

Daniel Laughlin	District Manager
Jennifer Kilinski	District Counsel
Mary Grace Henley	District Counsel
Kyle Sowards	District Engineer
Ken Thomas	Field Operations Manager
Lina Hernandez	General Manager
Dan Fagen	Vesta Property Services
Winslow Wheeler	Vesta Property Services Rhonda Mossing by phone	MBS Capital Markets

The following is a summary of the discussions and actions taken at the July 23, 2025 meeting.

FIRST ORDER OF BUSINESS	Roll Call
Mr. Laughlin called the meeting to order at 6:00 p.m.

SECOND ORDER OF BUSINESS	Audience Comments
Resident stated they were at the meeting for the discussion on the tennis classes.
Mr. Laughlin asked the Board if they wanted to move the item regarding the tennis class up for the residents. The Board agreed.

FIFTH ORDER OF BUSINESS	Consideration of Tennis Classes
**This item was taken out of order from the agenda**
July 23, 2025	Wynnfield Lakes CDD

Camila Jinero’s program has taught children’s tennis classes for over 10 years. She stated their current program is catered to all ages. Their programs for the residents of the community include: classes for ages 2-5 that includes a friend, classes for ages 6-12 that focuses on technique and coordination, classes for ages 13-18 that includes physical and mental training, classes for adults 18+ for recreational use and competitive and family and friend classes. These classes are available Monday-Friday from 4 p.m. to 7 p.m. Monthly packages start at $80 for classes and have many options to choose from.
Mr. Dickinson stated he liked the idea and does believes the pricing packages are reasonable.
Mr. Lawton asked if the community has had anything like this before.
Ms. Hernandez responded they have not had any tennis programs; however, they tried a swim program. Unfortunately, they did not go through with the swim program because of the pricing being too expensive. Ms. Hernandez stated she does not believe the pricing will be a problem with the tennis, based on the prices they were given.
Mr. Dickinson asked if the hours will be shortened in the winter. Ms. Jinero responded they can be flexible with their hours.
Mr. Dickinson stated he likes the idea but does not know if the demand for a full five days is there. Ms. Jinero stated they can work with the Board on the days that they are there, based on the people that sign up.
Dr. Sweeney asked if they can potentially hold a Monday, Wednesday and Friday class because she believes it will be hard to block off the tennis courts for a full five days a week.
Ms. Henley stated the vendor will need to get a license agreement in place, and the board could authorize the program on an interim basis to allow for time to determine what days they want to use the courts subject to a license agreement.
Mr. Dickinson stated they should start with three days a week for 90 days. He asked what the revenue will be.
Ms. Henley stated it is at your discretion but recalled similarly situated programs are at 20% of the net revenue from the program.
July 23, 2025	Wynnfield Lakes CDD

THIRD ORDER OF BUSINESS	Review and Scoring of Bids for the Erosion
Repair Project
Mr. Sowards stated they have received a proposal from Corecon Solutions to perform the erosion repair project for the district.
Ms. Kilinski clarified that when the Board first went out for proposals, there were no responsive bids initially. They received two responses that had not provided the full packages, and the bidders were informed they had another week to send back the entire package to have responsive bids. Corecon was the only vendor who sent a response back. She added that pursuant to the District’s adopted Rules of Procedure, the Board can now (1) restart the RFP process, (2) go to direct contracting with Corecon or the other bidder, or (3) can go to a direct contract with someone who is not on the bid list. She noted Mr. Sowards’ recommendation was to award Corecon with the project.
Mr. Sowards believes the lack of access may have intimidated bidders; however, Corecon had shown excitement for the challenge.
Mr. Dickinson asked if they could receive any help from the city. Mr. Sowards stated the city has made it clear that they are not responsible for this.
Dr. Sweeney stated from her research, they will not help the district because they see them as the least likely to flood.
Mr. Dickinson stated he reviewed the bid and believes in Corecon’s ability to complete this project.
Dr. Sweeney asked if there were any legal ramifications with the other companies that bid for the project because they did not respond with full bids. Ms. Kilinski added because the District attempted to go through the bidding process and it failed through no fault of the District, they can go to a direct contract with the company they so wish unless they want to restart the RFP process. She added they can also receive other proposals through the informal process.
Mr. Diaz-Rodriguez stated his only concern was the pricing of the project. Mr. Dickinson stated Corecon is for $690,000 and the other proposal they had received was higher. Mr. Laughlin noted the professional estimate based off previous jobs was priced at $750,000.
July 23, 2025	Wynnfield Lakes CDD

Mr. Dickinson noted the improvements that have been made around the area and asked Mr. Sowards if those improvements will help their embankment. Mr. Sowards stated the area is continuing to erode, despite the improvements.
Mr. Oliver stated he lives by this area, and it floods almost every storm they have. He added he just had to move his fence due to erosion.
Mr. Sowards stated the flow of the water is coming from the resident’s backyard down the slope of the bank.
Dr. Sweeney asked where the HOA comes in because of the resident’s backyards. Mr. Sowards responded the erosion is part of a CDD easement. Dr. Sweeney stated that because of the backyards, it becomes an HOA issue. She added they should not be bonding money because homeowners are being negligent to the embankments. She believes there should be stricter rules for those that live on the embankments.
Mr. Diaz-Rodriguez stated there had been adverse action taken against homeowners from the HOA for not keeping up with their backyard in the past.
Mr. Dickinson asked if there was a way to enforce an HOA house that is on CDD property to not let them build anything that will affect the property. Ms. Kilinski stated they can partner with HOA to help inform the residents of what the effects could be when impervious areas are built that create erosion challenges on the pond banks.
Mr. Dickinson asked if there were any other grants they could use to help this problem.
Dr. Sweeney stated even if they fix the embankment, they still risk the chance for erosion because they have had more water in that area than they have ever had. She added if they are not addressing the water issue, it could erode again.
Mr. Laughlin asked how the Redi-Rock will hold up. Mr. Sowards responded that it is a very good solution as far as the material and company and should last a long time. He added that Redi-Rock has been used in downtown St. Augustine at the parking garage that has been there for 15 to 20 years. He noted they have experienced heavy flooding in this area, and it is a testament to the company’s work how the Redi-Rock has withstood the water.Redi-Rock or a sheet of vinyl would be the most sustainable.
Dr. Sweeney stated once they fix this issue, it will create a domino effect of other embankments that need fixed.
July 23, 2025	Wynnfield Lakes CDD

Mr. Dickinson asked if the next steps were to bond the money for the assessments. Mr. Laughlin stated the construction is $2.2 million and MBS has found a way to refinance the current bonds and issue new bonds to make it only a $200 increase per household.
Dr. Sweeney stated she will not agree to approve the proposal unless there is a contingency on issuing the bonds.
Ms. Kilinski stated the order of operation for this would be for the District to award the contract which such bidders have agreed to hold for 120 days and make any notice to proceed or formal start to the project contingent on the District closing on the bonds and having bond proceeds in hand.
Mr. Laughlin noted Ms. Mossing will give a presentation and they believe it will be the best option as far as financing goes.
Ms. Kilinski stated if the District gets to the public hearing and something compels the Board that it does not want to move forward, residents will have a chance to give you testimony and comments and you will have the opportunity to stop the process.

FOURTH ORDER OF BUSINESS	Financing Matters
	A.	Presentation by MBS Capital Markets
Ms. Mossing stated they were asked to pursue financing for the erosion repair project, and MBS put together a bond structure that would make sense for their financing. She added they had made a 30-year public offering that was similar to what they had before. In 2005 the board had validated $17 million worth of bonds and after they were validated, the board had issued $11,550,000. Once build out occurred, MBS had refinanced the bonds and were able to get an A rating from S&P at the time, however, it was downgraded in 2019 after a financing crisis in the country, which caused them to be stricter on their ratings. She added the average coupon outstanding on those bonds is a 4.42. They realized the better way to go about this is to refund those bonds because it could reduce the annual assessment the District is currently paying on the bonds. She suggested performing a bank financing because it will end up costing less money in insurance that a public offering does. She noted the rates are highly competitive at the moment and believes it will be around 4.5%. She stated the Board will be extending the current
July 23, 2025	Wynnfield Lakes CDD

payments that they are used to making for a few more years, rather than for the whole 30-year bond issue. They have estimated the cost of insurance and divided the costs between refunding, the new money for the single family, and the new money for the multifamily. She noted the multifamily property has already paid off the bonds, meaning the only bond debt that they will have going forward would be for the new money portion of the bonds. She noted they believe this is in the district’s best interest to proceed with this.
Dr. Sweeney asked what the increase is that a household would see. Ms. Mossing stated they are currently paying about $1,400 a month for debt service for single family homes and believes that will go down to $1,358 per month. They will then add on the debt for the new money between now and 2036, and that will increase the assessments to an additional $200 a year.
Mr. Laughlin stated the methodology is the actual document that will be used for the bond issuance, and the current assessment is $1,404.59. With the refinancing and new money, the assessments would go up to $1,585.69. He noted the numbers in Ms. Mossing’s presentation had been updated since the agenda package went out.
Ms. Mossing stated it equates to $181 a year or a $15 a month increase.
Dr. Sweeney asked what the professional fees are. Mr. Laughlin stated they were for the legal and engineering fees that are required during the project.
Ms. Kilinski reminded the Board that the contingencies are in there as a cushion/float given the construction has not started.
Mr. Dickinson asked where the money in the bond will end up landing. Mr. Laughlin stated it will be with the trustee in a construction account. He noted they can redeem the bonds if they have extra money in the account.
Mr. Laughlin stated the Board would need to approve the engineer’s report and the methodology report. They would then have a resolution for setting the public hearing to declare those assessments.
Ms. Mossing stated if they are authorized to proceed, they will send out a credit package where they will receive bids from various banks to provide the financing. She added they would like to hold a special meeting in August to award the term sheet.
July 23, 2025	Wynnfield Lakes CDD

Mr. Laughlin stated they are aiming for August 20, 2025 at the regular meeting time for the special meeting. He noted the normal September meeting would be the public hearing. The Board had no issues with this meeting date.
Dr. Sweeney asked for an eblast to be sent out informing the residents of the special meeting and the public hearing.
Next, Dr. Sweeney asked if the City of Jacksonville has approved the Redi-Rock option. Mr. Sowards stated the City of Jacksonville uses Redi-Rock. their main concern was with maintaining the maximum section of flow throughout the drainage ditch and not minimizing the flow What was presented to the City was a timber wall and sheet pile wall and Redi-Rock is a stronger material.

	A.	Consideration of Engineer’s Report
Mr. Dickinson asked at what point would that be converted into the HOA fee. Mr.
Laughlin stated the CDD does not expire at the end of a bond payoff, it lives in perpetuity.

	A.	Consideration of Assessment Methodology
Mr. Laughlin stated the assessments would increase from $1,404 to $1,585 through 2036 and then they would drop to $1,084 through 2041. Mr. Laughlin asked for any questions. Hearing none, the next item followed.

	A.	Consideration of Resolution 2025-06, Declaring Special Assessments and Setting a Public Hearing Date
Mr. Laughlin presented resolution 2025-06 to the Board and stated the Public Hearing would need to be changed to September 15, 2025.

SIXTH ORDER OF BUSINESS	Approval of Minutes of the May 21, 2025
Meeting
There were no comments on the minutes. Mr. Laughlin asked for a motion to approve.
July 23, 2025	Wynnfield Lakes CDD

SEVENTH ORDER OF BUSINESS	Public Hearings for the Purpose of Adopting the
Fiscal Year 2026 Budget and Imposing Special Assessments
	A.	Consideration of Resolution 2025-07, Relating to Annual Appropriations and Adopting the Budget for Fiscal Year 2026
Mr. Laughlin presented the resolution to the Board. He noted they were not proposing an increase in assessments, and there was a carry forward surplus that was used to even out the slight increases in line items. He asked for a motion to open the public hearing.

Mr. Laughlin stated there was one member in the audience and asked if they had a comment. The audience member stated he was Daniel Harvey with GMS.
Mr. Laughlin asked for a motion to close the public hearing.

Mr. Harvey asked how the budget will be revised to include the bonds. Mr. Laughlin responded that the bonds would be included in the 2027 budget due to assessment roll deadlines.
Mr. Laughlin stated the budget has not changed since the Board’s approval and there is no overall increase. He noted the Capital Reserve is being kept at around $100,000.
Mr. Dickinson asked how much is left to spend for landscaping. Mr. Laughlin stated they have $21,000 budgeted and they have already used $3,400.
Mr. Laughlin stated the increases that are in the budget are contractual or utility.
Dr. Sweeney asked why the Pool Chemical budget was proposed to increase for next year. Mr. Laughlin stated it was because they have a 30% increase across the board on pool chemicals the previous year.
July 23, 2025	Wynnfield Lakes CDD

Dr. Sweeney asked what the website maintenance cost is and what website it is for. Mr.
Laughlin stated it is $200 for the CDD website and is overseen by GMS.

	A.	Consideration of Resolution 2025-08, Imposing Special Assessments and Certifying an Assessment Roll for Fiscal Year 2026
Mr. Laughlin stated this will certify the assessment roll that is sent to the county with the collectible amounts. He added they will collect the assessments and then distribute it to the district as they receive them.

EIGHTH ORDER OF BUSINESS	Discussion of Policies
	A.	Fishing
Ms. Henley stated Ms. Gentry was authorized to reach out to the HOA’s counsel to figure out where the fishing policies came from. The HOA responded that the Declaration of Covenants gives the HOA the right to govern the ponds and resident use of the ponds within the subdivision, despite the ponds being owned by the CDD. She asked the Board if they would like to allow fishing on District property and authorize staff to work with the HOA to potentially effectuate a change.
Dr. Sweeney stated if the Covenants states that the HOA oversees the fishing policies, then they should not change them.
Ms. Kilinski stated if they were to research it, she believes the HOA would not have that authority because the CDD owns the property.
Mr. Diaz-Rodriguez stated they still have many individuals fishing, despite the “No Fishing allowed” policy.
Ms. Kilinski stated if there are residents that are violating that policy, the HOA could, if it desires, fine or levy a lien on somebody’s home if the covenants so allow.
July 23, 2025	Wynnfield Lakes CDD

Mr. Dickinson stated he is fine with having the HOA enforce the fishing policies.
Ms. Hernandez asked if the Board would like her to start deactivating access cards if they are caught fishing on the properties. The Board decided to let the HOA enforce the rules and punishments.

	A.	Playground Age
Mr. Laughlin stated staff had requested to increase the allowed age at the playgrounds.
The current policy is any child 8 years of age or younger must be accompanied by an adult.
Mr. Dickinson stated if staff believes it is a health and safety concern, then he agrees they should increase the age, however, he does not believe changing the age will make a big difference.
Mr. Laughlin noted that anyone over the age of 12 cannot use the playgrounds at all with the current policy.
Ms. Kilinski stated the 12-year age limit might be because of the equipment manufacturer.
The Board’s consensus was to keep the playground age as-is.

NINTH TENTH ORDER OF BUSINESS   Staff Reports
	A.	District Counsel
Ms. Henley reminded the Board that their Form 1s were due at the start of this month. She also reminded the Board that their four hours of required ethics training is due by the end of the year.

	A.	District Engineer
There being nothing further to report, the next item followed.

	A.	District Manager- Consideration of Designating a Regular Meeting Schedule for Fiscal Year 2026
Mr. Laughlin stated they are proposing to hold the meetings on the third Wednesday of each month at the same time and location.
Mr. Lawton stated March 18th is spring break week and requested for this meeting to be changed.
The Board decided to change the March meeting to March 25, 2025.
July 23, 2025	Wynnfield Lakes CDD

	A.	Operation Manager
Mr. Fagan stated this will be Mr. Thomas’ last meeting as he has taken another job in Vesta. Going forward, he noted Ms. Hernandez will handle Field Operations and the General Manager’s report.

	A.	General Manager- Report
Ms. Hernandez gave the Board an overview of the General Manager’s report, a copy of which was included in the agenda package for review. She stated the weekly maintenance continues on Thursdays and fertilization occurs every six to eight weeks, with the reports provided right after the treatments. She added recent services included with controlled chinch bug treatment on the side for summer patch and a balanced fertilizer to improve torque health and quality. For the canopy lift at Wynnfield Lakes, she stated they have completed the approved tree trimming over the roadway on June 9, 2025, and took trees along the sidewalk up at no additional cost. She provided the Board a proposal to raise the trees to 15-18ft over the sidewalks for $5,400.
Mr. Lawton stated some of the trees on the proposal are the city’s trees.
Dr. Sweeney asked if they were going to be using a subcontractor. Mr. Laughlin stated they were, and many landscape companies often do not do tree work themselves.
Dr. Sweeney asked if they have asked the city to trim the trees. Mr. Fagan stated the city does not trim trees inside of community districts. She stated she has seen them trim her neighbors’ tree.
Mr. Dickinson stated he is fine with moving forward with the proposal as it will not affect the budget.

July 23, 2025	Wynnfield Lakes CDD

Ms. Hernandez stated the bridge after the amenity center that is between the two ponds has a fungus infection and they have applied three treatments to the area already. They are going to provide a one-time replacement at no extra cost, but they cannot guarantee other areas.
Dr. Sweeney stated she believed they had over-watered the area and this was the cause. She asked if they had considered that they are running the sprinklers too long at night, causing the fungus to grow.
Mr. Lawton asked if this was the same area that has trees die. Mr. Fagan stated there were two that died, and they had them replaced.
Ms. Hernandez stated the monthly pump inspections are continuing with extra visits as needed and she should be receiving the reports from July later this week. She asked if there were any concerns on lake management.
Mr. Diaz-Rodriguez stated they have not been controlling the weeds. Mr. Laughlin stated they come every month and treat every pond; however, they are limited with what they can treat. He noted that grass carp are the only way to remove the grass completely in the ponds.
Ms. Hernandez stated for Vesta, all regular services and cleaning have been performed. She added the pool monitors have been working on Saturdays and there were reports regarding individuals refusing to vacate the pool deck. She has not had any luck on identifying the individuals.
Dr. Sweeney asked for the pool monitors to be more proactive. She noted residents have been vaping and bringing glass beer bottles in the pool deck and she wishes for the pool monitors to tell the residents that is against the rules.
Mr. Dickinson asked what happened to the furniture they bought to match the canvas.
Mr. Fagan stated the furniture is still there, however the strap chairs were removed.
Ms. Hernandez stated they have approved an additional 20 lounge chairs and asked if the Board wanted her to bring back proposals. The Board decided to wait until next year for this.
Dr. Sweeney asked what the cosmetic repair was. Ms. Hernandez stated they have one for a treadmill cover and it is called a cosmetic repair because it does not affect the way the treadmill works. She noted this proposal is for $709.68.
Ms. Hernandez stated they had a back-to-school pool party on May 31st, and it was a great way to start summer break. She added the next two upcoming events are a pool party on
July 23, 2025	Wynnfield Lakes CDD

August 9th from 11 a.m. to 2 p.m. and a Fall Festival on October 18th that is also from 11 a.m. to 2 p.m.
Mr. Oliver asked how often Goose Masters is on property. Ms. Hernandez responded they come when they are called. Dr. Sweeney stated they needed to be on property more often.
Ms. Hernandez stated they are going to add a mini library stand by the veranda. Ms. Henley stated with this, they have to abide by the First Amendment when it comes to the oversight of books placed in the mini library. Mr. Laughlin noted if anything gets put in the mini library that causes an issue, they can remove the mini library altogether.

TENTH ORDER OF BUSINESS	Audience Comments / Supervisor’s Requests
Mr. Laughlin stated there were no members in the audience. He asked for Supervisor Requests.
Dr. Sweeney asked for the landscaping to be looked at by the paved area in front of the park. She noted residents do not believe they have mulched the area and believes the sprinklers are left on for too long.
Mr. Dickinson stated there was a pond in front of his house that is increasingly turning
brown.
Dr. Sweeney asked when all of the Board members’ seats are up for re-election. Mr.
Laughlin stated Dr. Sweeney and Mr. Lawton’s seats are up for re-election in 2026 and Mr. Dickinson, Mr. Oliver, and Mr. Diaz-Rodriguez’ seats are up for re-election in 2028.
Dr. Sweeney stated they had approved signs on the apartment complex; however they did not follow what they were told, and they painted the whole building. Ms. Hernandez stated she had contacted the manager of the complex to invite her to the meeting, however, last minute, she told her she could not make the meeting. Mr. Laughlin stated the CDD has no authority over the apartment complex.

ELEVENTH ORDER OF BUSINESS	Other Business
There being no other business, the next item followed.

TWELFTH ORDER OF BUSINESS	Financial Reports
	A.	Financial Statements as of June 30, 2025
Copies of the financial statements were included in the agenda package for the Board’s
review.
July 23, 2025	Wynnfield Lakes CDD

	A.	Special Assessment Receipt Schedule
A copy of the assessment receipts schedule showing the fiscal year 2025 assessments are 100% collected was included in the agenda package.

	A.	Approval of Check Register
A copy of the check register totaling $85,408.40 was included in the agenda package.

THIRTEENTH ORDER OF BUSINESS	Next Scheduled Meeting – August 20, 2025 at
6:00 p.m. at the University of North Florida, University Center, 12000 Alumni Drive, Room 1090, Jacksonville, Florida 32224

FOURTEENTH ORDER OF BUSINESS	Adjournment

Secretary/Assistant Secretary	Chairperson/Vice Chairperson

B.
MINUTES OF MEETING
WYNNFIELD LAKES COMMUNITY DEVELOPMENT DISTRICT
The special meeting of the Board of Supervisors of the Wynnfield Lakes Community Development District was held Wednesday, August 20, 2025 at 6:00 p.m. at the University of North Florida, University Center, 12000 Alumni Drive, Room 1090, Jacksonville, Florida.
Present and constituting a quorum were:

Kristi Sweeney	Chairperson
Luis Diaz-Rodriguez	Vice Chairman
Mark Oliver	Supervisor
Jeff Lawton	Supervisor

Also present were:

Daniel Laughlin	District Manager
Mary Grace Henley	District Counsel
Kyle Sowards	District Engineer
Dan Fagen	Vesta Property Services Rhonda Mossing by phone	MBS Capital Markets Daniel Harvey	GMS

The following is a summary of the discussions and actions taken at the August 20, 2025 meeting.

FIRST ORDER OF BUSINESS	Roll Call
Mr. Laughlin called the meeting to order at 6:00 p.m.

SECOND ORDER OF BUSINESS	Audience Comments
There being no audience members present, the next item followed.

THIRD ORDER OF BUSINESS	Approval of Term Sheet
Ms. Mossing reminded the Board that at the last meeting authorization was given to proceed with requesting proposals from banks for term sheets relating to the refunding of the Series 2014 Bonds as well as the funding of the new project outlined in the engineer’s report previously approved in the amount of $2.2 million. Responses were received from Seacoast Bank, United Community Bank, and Truist Bank. The terms issued by the banks vary. United
August 20, 2025	Wynnfield Lakes CDD

Community Bank will only offer seven years at the fixed rate of 4.38% and would like to reset their rate after year seven. Truist’s rates were higher than what the other banks proposed and had some convoluted terms, such as penalties for bond calls due to prepayments. Seacoast Bank came in with a rate of 4.50% to maturity with the ability to call the bonds if any prepayments were to occur, however the bonds could not be refinanced for five years. Following discussions with District Counsel, the recommendation is to proceed with Seacoast Bank.
Dr. Sweeney stated that something needs to be sent to the homeowners prior to the meeting on September 15th to better explain what the intention behind the bond is.

Ms. Henley stated that her firm would draft a letter and send it over to Dr. Sweeney for review and/or distribution.

FOURTH ORDER OF BUSINESS	Consideration of Request from Body Mind
Performance to Use the Athletic Field from August through December
Mr. Laughlin stated that Body Mind Performance is requesting use of the athletic field on Mondays and Tuesdays from 3pm to 7pm from August through December for a fee of $1,000.

FIFTH ORDER OF BUSINESS	Other Business
There being no other business, the next item followed.
August 20, 2025	Wynnfield Lakes CDD

SIXTH ORDER OF BUSINESS	Next	Scheduled	Meeting	–	Monday,
September 15, 2025 at 6:00 p.m. at the University of North Florida, University Center, 12000 Alumni Drive, Room 1090,
Jacksonville, Florida 32224 SEVENTH ORDER OF BUSINESS	Adjournment

Secretary/Assistant Secretary	Chairperson/Vice Chairperson

FOURTH ORDER OF BUSINESS
01/15/2023	1 of 53	Select Date

© 2023 Eagleview

A.
RESOLUTION 2025-09

A RESOLUTION OF THE BOARD OF SUPERVISORS OF WYNNFIELD LAKES COMMUNITY DEVELOPMENT DISTRICT AUTHORIZING DISTRICT PROJECT FOR CONSTRUCTION AND/OR ACQUISITION OF INFRASTRUCTURE IMPROVEMENTS; EQUALIZING, APPROVING, CONFIRMING, AND LEVYING SPECIAL ASSESSMENTS ON PROPERTY SPECIALLY BENEFITED BY SUCH PROJECTS TO PAY THE COST THEREOF; PROVIDING FOR THE PAYMENT AND THE COLLECTION OF SUCH SPECIAL ASSESSMENTS BY THE METHODS PROVIDED FOR BY CHAPTERS 170, 190, AND 197, FLORIDA STATUTES; CONFIRMING THE DISTRICT’S INTENTION TO ISSUE SPECIAL ASSESSMENT BONDS; MAKING PROVISIONS FOR TRANSFERS OF REAL PROPERTY TO GOVERNMENTAL BODIES; PROVIDING FOR SEVERABILITY, CONFLICTS AND AN EFFECTIVE DATE.
WHEREAS, Wynnfield Lakes Community Development District (the “District”) previously indicated its intention to construct certain types of infrastructure improvements and to finance such infrastructure improvements through the issuance of bonds, which bonds would be repaid by the imposition of special assessments on benefited property within the District; and

WHEREAS, the District Board of Supervisors (the “Board”) noticed and conducted a public hearing pursuant to Chapters 170, 190, and 197, Florida Statutes, relating to the imposition, levy, collection and enforcement of such assessments.

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF WYNNFIELD LAKES COMMUNITY DEVELOPMENT DISTRICT AS FOLLOWS:

SECTION 1. AUTHORITY FOR THIS RESOLUTION. This Resolution is adopted pursuant to Chapters 170, 190, and 197, Florida Statutes, including without limitation, Section 170.08, Florida Statutes.

SECTION 2. FINDINGS. The Board hereby finds and determines as follows:

	a.	The District is a local unit of special-purpose government organized and existing under and pursuant to Chapter 190, Florida Statutes, as amended.
	b.	The District is authorized by Chapter 190, Florida Statutes, to finance, fund, plan, establish, acquire, install, equip, operate, extend, construct, or reconstruct roadways; stormwater management system; sanitary sewer; force main; lift station; water main; irrigation; and other infrastructure projects and services necessitated by the development of, and serving lands within, the District (together, the “Capital Improvements”), including the improvements described in the Engineer’s Report, dated July 29, 2005 (“2005 Engineer’s Report” and the improvements described therein, the “Original Project”), and the Wynnfield Lakes Community Development
District 2025 Engineer’s Report, dated July 16, 2025 (“2025 Engineer’s Report” and the improvements described therein, the “2025 Project”).
	a.	The District is authorized by Chapter 190, Florida Statutes, to levy and impose special assessments to pay all, or any part of, the cost of such infrastructure projects and services and to issue special assessment bonds payable from such special assessments as provided in Chapters 170, 190, and 197, Florida Statutes.
	b.	It is necessary to the public health, safety and welfare and in the best interests of the District that (i) the District provide the 2025 Project as described in the 2025 Engineer’s Report (attached as Exhibit A hereto and incorporated herein by this reference), and which plans and specifications are on file at the office of the District Manager c/o Governmental Management Services, LLC 475 West Town Place, Suite 114 St. Augustine, FL 32092 Phone: (904) 940-5850 Fax: (904) 940-5899 (“District Records Offices”); (ii) the cost of such 2025 Project be assessed against the lands specially benefited by such 2025 Project; and (iii) the District issue bonds to provide funds for such purposes pending the receipt of such special assessments.
	c.	It is in the best interests of the District that (i) the District refund and redeem its Wynnfield Lakes Community Development District Special Assessment Refunding Bonds, Series 2014 (“Series 2014 Refunding Bonds”), which were secured by assessments (“2014 Assessments”) as described in the Final Numbers Supplemental Special Assessment Methodology Report, dated July 30, 2014 (“2014 Assessment Report”) and (ii) amend the 2014 Assessments to reflect the interest rate savings achieved by such refunding; and
	d.	In order to provide funds with which to pay all or a portion of the costs of the 2025 Project which are to be assessed against the benefitted properties, pending the collection of such Assessments, and the costs of refunding and redeeming the Series 2014 Refunding Bonds, it is necessary for the District to sell and issue its Capital Improvement Bonds, in one or more series ( “Bonds”) to be secured by assessments levied on the benefitting properties (“Assessments”).
	e.	The provision of the 2025 Project, the refinancing of the Series 2014 Refunding Bonds, the levying of the Assessments, and the sale and issuance of the Bonds serves a proper, essential, and valid public purpose and is in the best interests of the District, its landowners, and residents.
	f.	By Resolution 2025-06, the Board determined to provide the 2025 Project and to defray the costs thereof by making Assessments on benefited property and expressed an intention to issue Bonds, notes or other specific financing mechanisms to provide all or a portion of the funds needed for the 2025 Project prior to the collection of such Assessments, and to refund and redeem the Series 2014 Refunding Bonds. Resolution 2025-06 was adopted in compliance with the requirements of Section 170.03, Florida Statutes, and prior to the time it was adopted, the requirements of Section 170.04, Florida Statutes, had been met.
	g.	As directed by Resolution 2025-06, Resolution 2025-06 was published as required by Section 170.05, Florida Statutes, and a copy of the publisher’s affidavit of publication is on file with the Secretary of the Board.
	h.	As directed by Resolution 2025-06, a preliminary assessment roll was adopted and filed with the Board as required by Section 170.06, Florida Statutes.
	i.	As required by Section 170.07, Florida Statutes, Resolution 2025-06 fixed the time and place of a public hearing at which owners of the property to be assessed and other persons interested therein may appear before the Board and be heard as to (1) the propriety and advisability of making the infrastructure improvements, including the 2025 Project, (2) the cost thereof, (3) the manner of payment therefor, and (4) the amount thereof to be assessed against each specially benefited property or parcel and provided for publication of notice of such public hearing and individual mailed notice in accordance with Chapters 170, 190, and 197, Florida Statutes.
	j.	Notice of such public hearing was given by publication and also by mail as required by Section 170.07, Florida Statutes. Affidavits as to such publications and mailings are on file in the office of the Secretary of the Board.
	k.	On September 15, 2025, at the time and place specified in Resolution 2025-06 and the notice referred to in paragraph (l) above, the Board met as an Equalization Board, conducted such public hearing, and heard and considered all complaints and testimony as to the matters described in paragraph (k) above. The Board has made such modifications in the preliminary assessment roll as it deems necessary, just and right in the making of the final assessment roll.
	l.	Having considered the estimated costs of the 2025 Project, the costs of refunding and redeeming the Series 2014 Refunding Bonds, estimates of financing costs and all complaints and evidence presented at such public hearing, the Board further finds and determines:
	i.	that the estimated costs of the 2025 Project are as specified in the 2025 Engineer’s Report, which 2025 Engineer’s Report is hereby adopted and approved, and that the amount of such costs is reasonable and proper; and
	ii.	it is reasonable, proper, just and right to assess the cost of completing the 2025 Project against the properties specially benefited thereby using the method determined by the Board set forth in the Special Assessment Methodology Report for the Special Assessment Refunding and Revenue Bond, Series 2025, dated July 23, 2025 (the “2025 Assessment Report,” attached hereto as Exhibit B and incorporated herein by this reference), for the Bonds, which results in the special assessments set forth on the final assessment roll included within such Exhibit B (the “Assessments”); and
	iii.	the 2025 Assessment Report is hereby approved, adopted and confirmed. The District ratifies its use in connection with the issuance of the Bonds;
	iv.	it is hereby declared that the 2025 Project will constitute a special benefit to all parcels of real property listed on said final assessment roll and that the benefit, in the case of each such parcel, will be equal to or in excess of the Assessments thereon when allocated as set forth in Exhibit B;
	v.	that the costs of the 2025 Project are fairly and reasonably apportioned to the
properties specifically benefitted as set forth in Exhibit B;
	i.	it is in the best interests of the District that the Assessments be paid and collected as herein provided;
	ii.	all proceedings taken and findings made in connection with the prior 2014 Assessments, including those described in Resolutions No. 2014-04, 2014-05, and 2014-08, are hereby reaffirmed, except as specifically described herein as to the reallocation of the 2014 Assessments to reflect interest-rate savings; and
	iii.	the previously adopted 2005 Engineer’s Report and 2014 Assessment Report are hereby reaffirmed, except as specifically described herein as to the reallocation of the 2014 Assessments to reflect interest-rate savings.
SECTION 3. AUTHORIZATION OF DISTRICT PROJECT.  Construction of the
2025 Project initially described in Resolution No. 2025-06, and more specifically identified and described in the 2025 Engineer’s Report attached as Exhibit A hereto, is hereby authorized and approved and the proper officers, employees and/or agents of the District are hereby authorized and directed to take such further action as may be necessary or desirable to cause the same to be made.
SECTION 4. ESTIMATED COST OF 2025 PROJECT. The total estimated costs of the 2025 Project, the costs of refunding and redeeming the Series 2014 Refunding Bonds, and the costs to be paid by Assessments on all specially benefited property are set forth in Exhibits A and B, respectively, hereto.

SECTION 5. EQUALIZATION, APPROVAL, CONFIRMATION AND LEVY OF
SPECIAL ASSESSMENTS. The Assessments on the parcels specially benefited by the Capital Improvements, including the 2025 Project, all as specified in the final assessment roll set forth in Exhibit B, attached hereto, are hereby equalized, approved, confirmed and levied. Immediately following the adoption of this Resolution, these Assessments, as reflected in Exhibit B attached hereto, shall be recorded by the Secretary of the Board of the District in a special book, to be known as the “Improvement Lien Book.” The Assessment or assessments against each respective parcel shown on such final assessment roll and interest, costs and penalties thereon, as hereafter provided, shall be and shall remain a legal, valid and binding first lien on such parcel until paid and such lien shall be coequal with the lien of all state, county, district, municipal or other governmental taxes and superior in dignity to all other liens, titles, and claims. Prior to the issuance of any Bonds, including refunding bonds, the District may, by subsequent resolution at a publicly noticed meeting, adjust the acreage assigned to particular parcel identification numbers listed on the final assessment roll to reflect accurate apportionment of acreage within the District amongst individual parcel identification numbers. The District may make any other such acreage and boundary adjustments to parcels listed on the final assessment roll as may be necessary in the best interests of the District as determined by the Board by subsequent resolution. Any such adjustment in the assessment roll shall be consistent with the requirements of law. In the event the issuance of Bonds, including refunding bonds, by the District would result in a decrease of the Assessments, then the District shall by subsequent resolution, adopted within sixty (60) days of the sale of such
Bonds at a publicly noticed meeting and without the need for further public hearing, evidence such a decrease and amend the final assessment roll as shown in the Improvement Lien Book to reflect such a decrease.

SECTION 6. FINALIZATION OF SPECIAL ASSESSMENTS. When the entire 2025
Project has been constructed or otherwise provided to the satisfaction of the Board, the Board shall adopt a resolution accepting the same and determining the actual costs (including financing costs) thereof, as required by Sections 170.08 and 170.09, Florida Statutes. Pursuant to the provisions of Section 170.08, Florida Statutes, regarding completion of a project funded by a particular series of bonds, the District shall credit to each Assessment the difference, if any, between the Assessment as hereby made, approved and confirmed and the proportionate part of the actual costs of the 2025 Project, as finally determined upon completion thereof, but in no event shall the final amount of any such special assessment exceed the amount of benefits originally assessed hereunder. In making such credits, no credit shall be given for bond financing costs, capitalized interest, funded reserves or bond discounts. Such credits, if any, shall be entered in the Improvement Lien Book.
SECTION 7. PAYMENT OF SPECIAL ASSESSMENTS AND METHOD OF COLLECTION.
	a.	The Assessments may be paid in not more than thirty (30) consecutive annual installments of principal and interest. The Assessments may be paid in full without interest at any time within thirty (30) days after the completion of the 2025 Project and the adoption by the Board of a resolution accepting the 2025 Project, unless such option has been waived by the owner of the land subject to the Assessments; provided, however, that the Board shall at any time make such adjustments by resolution, at a noticed meeting of the Board, to that payment schedule as may be necessary and in the best interests of the District to account for changes in long and short term debt as actually issued by the District. All impact fee credits received and/or value received for impact fee credits shall be applied against the 2025 Project costs and/or the outstanding indebtedness of any debt issuance that funded the improvement giving rise to the credits which application may be addressed by such resolutions. At any time subsequent to thirty (30) days after the 2025 Project has been completed and a resolution accepting the 2025 Proejct has been adopted by the Board, the Assessments may be prepaid in full including interest amounts to the next succeeding interest payment date or to the second succeeding interest payment date if such a prepayment is made within forty-five (45) calendar days before an interest payment date. The owner of property subject to Assessments may prepay the entire remaining balance of the Assessments at any time, or a portion of the remaining balance of the Assessment one time if there is also paid, in addition to the prepaid principal balance of the Assessment, an amount equal to the interest that would otherwise be due on such prepaid amount on the next succeeding interest payment date, or, if prepaid during the forty-five (45) day period preceding such interest payment date, to the interest payment date following such next succeeding interest payment date. Prepayment of Assessments does not entitle the property owner to any discounts for early payment.
	b.	The District may elect to use the method of collecting Assessments authorized by Sections 197.3632 and 197.3635, Florida Statutes (the “Uniform Method”). The District has heretofore taken or will use its best efforts to take, as timely required, any necessary actions to
comply with the provisions of said Sections 197.3632 and 197.3635, Florida Statutes. Such Assessments may be subject to all of the collection provisions of Chapter 197, Florida Statutes. Notwithstanding the above, in the event the Uniform Method of collecting its special or non-ad valorem assessments is not available to the District in any year, or if determined by the District to be in its best interest, the Assessments may be collected as is otherwise permitted by law. The District may, in its sole discretion, collect Assessments by directly assessing landowner(s) and enforcing said collection in any manner authorized by law.
	a.	For the period the District uses the Uniform Method, the District shall enter into an agreement with the Tax Collector of Duval County who may notify each owner of a lot or parcel within the District of the amount of the special assessment, including interest thereon, in the manner provided in Section 197.3635, Florida Statutes.
SECTION 8. [RESERVED]

SECTION 9. PROPERTY OWNED BY GOVERNMENT ENTITIES, PROPERTY
OWNERS ASSOCIATION, OR HOMEOWNERS ASSOCATION. Property owned by units of local, state, and federal government shall not be subject to the Assessments without specific written consent thereto. In addition, property owned by a property owners association or homeowners association that is exempt from special assessment under Florida law shall not be subject to the Assessments. If at any time, any real property on which Assessments are imposed by this Resolution is sold or otherwise transferred to a unit of local, state, or federal government (without consent of such governmental unit to the imposition of Assessments thereon), all future unpaid Assessments for such tax parcel shall become due and payable immediately prior to such transfer without any further action of the District.

SECTION 10. SEVERABILITY. If any section or part of a section of this Resolution be declared invalid or unconstitutional, the validity, force and effect of any other section or part of a section of this Resolution shall not thereby be affected or impaired unless it clearly appears that such other section or part of a section of this Resolution is wholly or necessarily dependent upon the section or part of a section so held to be invalid or unconstitutional.

SECTION 11. CONFLICTS. All resolutions or parts thereof in conflict herewith are, to the extent of such conflict, superseded and repealed.

SECTION 12. EFFECTIVE DATE. This Resolution shall become effective upon its adoption.

[Signatures on following page]
APPROVED AND ADOPTED this 15th day of September 2025.

Attest:
WYNNFIELD LAKES COMMUNITY DEVELOPMENT DISTRICT

	
Secretary/Assistant Secretary	Chair/Vice Chair, Board of Supervisors

Exhibit A:  2025 Engineer’s Report, dated July 16, 2025
Exhibit B: Special Assessment Methodology Report for the Special Assessment Refunding and Revenue Bond, Series 2025, dated July 23, 2025
Exhibit A
2025 Engineer’s Report, dated July 16, 2025

Matthews	

Engineering- Landscape Architecture- Surveying

Wynnfield Lakes Community Development District Engineer’s Report

Prepared for:
Wynnfield Lakes Community Development District Board of Supervisors

Prepared by:

Matthews | DCCM Alex Acree, P.E.

July 16, 2025

4600 Touchton Road, Building 200, Suite 175, Jacksonville, FL 32246  I 904.374.4667 I www.matthews.dccm.com
LICENSE 126535, LB8590, LA6666877
July 16, 2025
Page 2

INTRODUCTION
The Wynnfield Lakes Community Development District (the "District" or “CDD”), encompasses approximately 74 acres within Duval County, Florida. The District was established for the purpose of financing and managing the acquisition, construction, maintenance and operation of a portion of the infrastructure necessary for the community development within the District, including but not limited to stormwater management, wetlands mitigation, and recreation facilities. The District is in parts of Section 21, Township 2 South, Range 28 East. The District is currently bounded to the North by Walmart Supercenter and the Hawkins Cove Subdivision, to the East Kernan Boulevard, to the South is the Kernan Lakes residential development, and to the West wetlands. Access to the District is via Kernan Boulevard roadway. Exhibit 1 represents a Vicinity Map showing the location of the development and the adjacent roads and cities. Exhibit 2 is a survey legal description of the boundaries of the District.

All the onsite infrastructure and subdivision improvements have been designed and completed to accommodate the project at build out as well as to meet City of Jacksonville and Florida Department of Environmental Protection requirements and regulations.
GOVERNMENT ACTIONS

There are no pending or required government approvals remaining for the PUD.

It is my opinion that there are no technical reasons existing at this time which would prohibit the implementation of the plans for the District’s proposed 2025 Project as identified herein and that all potential permits not already issued and which are necessary to affect the described 2025 Project will be obtained during the ordinary course of development.

Ver 080624
July 16, 2025
Page 3

THE 2025 PROJECT
Various storm structures throughout the CDD are exhibiting cracked pipe joints. Various mitered end sections within the banks of CDD storm water management facilities are nearly suspended in air due to pond bank erosion. Pond bank erosion is common throughout the CDD resulting in increased pond slopes to the normal water level of the ponds. Behind the residential homes on Wood Blossom Court, the tie-out side slopes from the backyards to the regional outfall canal are experiencing erosion within a CDD easement that has caused erosion of the Wood Blossom Court backyards. General improvements to the Amenity Center such as community pool, paver and equipment repairs and replacement are warranted. General landscape improvements are also warranted. Therefore, it is our opinion that all residential properties located within the boundaries of the CDD benefit from the proposed 2025 Project.

THE 2025 PROJECT COSTS

The Summary of Estimated 2025 Project Costs detailed in Table 2 outlines the anticipated costs associated with above listed improvements within the CDD. The costs include professional services, ditch bank erosion remediation, and retaining wall.

Ver 080624
July 16, 2025
Page 4

Table 2
Summary of Estimated 2025 Project Costs

Category	Estimated Amount	
Mobilization	$304,700	
Storm Structure Repair	$93,500	
Pond Slope Repair	$490,000	
Regional Drainage Ditch Erosion Repair	$750,000	
General Amenity Center Improvements	$75,000	
Landscaping	$100,000	
Professional Fees	$40,000	
Contingency (20%) Total	$370,640
$2,223,840	

SUMMARY AND CONCLUSION

The infrastructure, as outlined above, is necessary for the functional development of the District as required by the applicable independent unit of local government. The planning and design of the infrastructure is in accordance with current governmental regulatory requirements. The infrastructure will provide their intended function so long as the construction is in substantial compliance with the design and permits.

Items of construction in this report are based on current plan quantities for the infrastructure construction as shown on the construction drawings and specifications, last revision.

It is my professional opinion that the infrastructure costs provided herein for the District improvements are reasonable to complete the construction of the infrastructure described herein and that these infrastructure improvements will benefit and add value to the District. All such infrastructure costs are public improvements or community facilities as set forth in Section 190.012 (1) and (2) of the Florida Statutes.
The estimate of the master infrastructure construction costs is composed of estimates or established contractual amounts and is not a guaranteed maximum price. The estimated cost is based on unit prices currently being experienced for ongoing and similar items of work in Duval

Ver 080624
July 16, 2025
Page 5

County and quantities as represented on the construction plans. The labor market, future costs of equipment and materials, and the actual construction process are all beyond my control.

Due to this inherent opportunity for fluctuation in cost, the total final cost may be more or less than this estimate.

The professional service for establishing the opinion of estimated construction costs are consistent with the degree of care and skill exercised by members of the same profession under similar circumstances.

It is further our opinion that:
	•	The estimated cost to the Series 2025 Project as set forth herein is reasonable based on prices currently being experienced in the jurisdiction in which the District is located and is not greater than the lesser of the actual cost of construction or the fair market value of such infrastructure;
	•	The Series 2025 Project is feasible to construct, there are no technical reasons existing at this time that would prevent the implementation of the Series 2025 Project, and it is reasonable to assume that all necessary regulatory approvals will be obtained in due course;
	•	The assessable property within the District will receive a special benefit from the Series 2025 Project that is at least equal to the costs of the Series 2025 Project; and
	•	All improvements included in the Series 2025 Project are public improvements or community facilities as set forth in Section 190.012 (1) and (2), Florida Statutes.
All improvements comprising the Series 2025 Project will be located on lands owned or to be owned by the District or another governmental entity or on perpetual easements in favor of the District or other governmental entity. The Series 2025 Project, and any cost estimates set forth herein, do not include any earthwork, grading or other improvements on private lots or property.

Ver 080624

July 16, 2025
Page

Appendix A Description
Exhibit 1.	Vicinity Map
Exhibit 2.	District Legal Boundary and Description Exhibit 3.	Subdivision Map

Matthews I DCCl.-1 En1.11necrim - Landscalffi Architecture•Surv?ying
Ver 080624
Exhibit B
Special Assessment Methodology Report for the Special Assessment Refunding and Revenue Bond, Series 2025, dated July 23, 2025

9

Wynnfield Lakes Community Development District

Special Assessment Methodology Report for the Special Assessment Refunding and Revenue Bond, Series 2025

September 15, 2025

Prepared by

Governmental Management Services, LLC

Table of Contents
	1.	Executive Summary	3
	2.	The Series 2025 Bonds	4
	3.	The 2025 Project	5
	4.	Assessment Roll	5
	5.	The 2005 Allocation Methodology	5
Appendix
Table 1	Assessable Units	8
Table 2	Series 2025 Bond - Sources and Uses of Funds	9
Table 3	Allocation of Series 2025 Par Debt per Unit	10
Table 4 Allocation of Series 2025 Annual Assessments per Unit (November 2026 through November 2036)	11
Table 5 Allocation of Series 2025 Annual Assessments per Unit (November 2037 through November 2041)	12
Table 6	Assessment Roll	13

	1.	Executive Summary

This Special Assessment Methodology Report (the “2025 Report”) provides an allocation of the debt securing the Wynnfield Lakes Community Development District ("Wynnfield Lakes CDD" or "District") Special Assessment Refunding and Revenue Bond, Series 2025 (the "Series 2025 Bond"). The Series 2025 Bond is being issued to (1) refund the Series 2014 Refunding Bonds (as defined herein), which in turn refunded the Series 2005A Bonds (as defined herein) and (2) to fund the 2025 Project as described in the Engineer’s Report dated June 24, 2025, prepared by Matthews DCCM, the District’s Consulting Engineer (the “2025 Engineer’s Report”). T h e debt securing the Series 2025 Bond (the “Series 2025 Assessments”) is allocated consistent with the Adopted Master Assessment Methodology, dated October 12, 2005, as supplemented by the Supplemental Assessment Report for the Series 2005 Bonds, dated November 28, 2005 (the "2005 Report") for the issuance of the Special Assessment Bonds Series 2005A (the “Series 2005A Bonds” and the assessments securing said bonds, the “Series 2005A Assessments”) and later supplemented by the Supplemental Assessment Methodology Report, dated July 30, 2014 (the “2014 Report”) for the issuance of the Special Assessment Refunding Bonds, Series 2014 (the “Series 2014 Refunding Bonds” and the assessments securing said bonds the “Series 2014 Assessments”).
This 2025 Report is consistent with the allocation of the Series 2005A Assessments and the Series 2014 Assessments to the property within the District based upon the special benefits each received from the 2005 Project and the 2025 Project. This 2025 Report is designed to conform to the requirements of Chapters 170,190, and 197, Florida Statutes, with respect to special assessments and is consistent with our understanding of the case law on this subject.

The District consists of approximately 166 acres within the City of Jacksonville, Florida. The total development within the District consists of 372 single-family residential homes and 204 multi-family homes (the “Series 2025 Assessment Area”). The 204 multi-family property owners and three (3) single-family homeowners have p r e v i o u s l y paid off the o r i g i n a l d e b t a s s e s s m e n t s associated with their properties, and one (1) single family homeowner has partially paid down the debt assessments associated with their property. The Series 2014 Refunding Bonds were therefore applicable to the remaining 369 assessable single-family homes. Refer to Table 1 for a summary of the assessable units.
On November 29, 2005, the District issued its Series 2005A Bonds

totaling $11,550,000 at 5.60% for a 30-year term, to finance all or a portion of its 2005 Project for master infrastructure, as described in the Wynnfield Lakes Community Development District Improvement Plan, dated July 29, 2005 (the “2005 Engineer’s Report”).

In 2014, the District’s Board of Supervisors (the “Board”) adopted a Resolution approving the sale and terms of the District issuing its Series 2014 Refunding Bonds. Proceeds from the sale of the Series 2014 Refunding Bonds were used to (i) currently refund and redeem by purchase the outstanding principal amount of the Series 2005A Bonds;
(ii) pay certain costs associated with the issuance of the Series 2014 Refunding Bonds; and (iii) make deposits into the reserve account. The issuance of the Series 2014 Refunding Bonds resulted in a lower interest rate but an increase in the par debt for each property owner. The annual debt service assessment per property owner decreased.

Subsequent to the District's issuance of the Series 2014 Refunding Bonds, the 2014 Report was prepared for the purpose of (i) confirming the benefit inuring to real property in the Series 2014 Assessment Area; and (ii) revising the Series 2005A Assessments to reflect the financing terms of the Series 2014 Refunding Bonds, the repayment of which the Series 2005A Assessments were pledged to upon closing.

	1.	The Series 2025 Bond

The Series 2025 Bond is being issued to refund the o u t s t a n d i n g Series 2014 R e f u n d i n g Bonds in the par amount of $4,360,000 and further to fund the 2025 Project outlined in the 2025 Engineer’s Report. A portion of the proceeds from the sale of the Series 2025 Bond and funds available by liquidating various accounts will be used for the portion of the Series 2025 Bond structured to refund the Series 2014 Refunding Bonds.

Additional proceeds of the Series 2025 Bond proceeds will be used to (i) fund a portion of the interest through November 1, 2026; and (ii) fund the cost of issuance, including the underwriters discount. A description of the sources and uses of funds is attached hereto as Table 2 and incorporated by reference herein.

The Series 2025 Bond is a single term bond with a principal amount of $6,815,000 and an average coupon interest rate of 4.50%. Debt Service on the term bond will begin on November 1, 2025, with principal amortization beginning on May 1, 2026, and continuing through May 1, 2041.

The structure of the Series 2025 Bond is to:
	1.	Reflect the refunding of the Series 2014 Refunding Bonds benefiting the remaining assessable units that haven’t previously prepaid their Series 2005A or Series 2014 Assessments;

	1.	Wrap the new money portion of the Series 2025 Bond around the refunding portion of the bonds until the maturity of the refunding portion in 2036 and thereafter amortize the new money portion relating to the 2025 Project;

	1.	Amortize the new money portion of the Series 2025 Bond relating to the 2025 Project to the assessment area which consists of the multi-family property owners (204) that previously prepaid their Series 2005A or Series 2014 Assessments, resulting in level annual debt service assessments through maturity.

	1.	The 2025 Project

The 2025 Project described in the 2025 Engineer’s Report totals an estimated $2,223,840. The 2025 Project provides renewal and replacement funds for the remediation of a portion of the original 2005 Project determined to benefit all the property owners within the District based upon the methodology adopted in the 2005 Report. The allocation of the debt associated with the 2025 Project is based upon the original benefit conferred upon the benefited property as described in the 2005 Report on an Equivalent Residential Unit (ERU) basis. Refer to Table 4 and Table 5 for additional information related to the allocation of the benefit of the 2025 Project.

	1.	Assessment Roll

The Assessment Roll reflecting the allocation of special assessments securing repayment of the Series 2025 Bonds is attached hereto as Table 6.

	1.	The 2005 Allocation Methodology

There are two requirements under Florida law for a valid special assessment:
	1.	The	properties	must	receive	a	special	benefit	from	the improvements being paid for.
	2.	The assessments must be fairly and reasonably allocated to the properties being assessed.
Florida law provides for a wide application of special assessments that meet these two requirements for valid special assessments.
The 2005 Engineer’s Report estimated that it would cost approximately $12,319,000 to construct and/or acquire the 2005 Project for master infrastructure. The Board, pursuant to Resolution number 2009-01, certified the 2005 Project complete. The Board, pursuant to Resolution number 2011-05, finalized the 2005A Assessments.

The District previously found that the 2005 Project provided a special benefit to the properties assessed, and that the 2005A Assessments were fairly and reasonably allocated. The improvements comprising the 2005 Project continue to provide special benefit to real property within the Series 2025 Assessment Area that meets or exceeds the cost to finance, construct and/or acquire the 2005 Project, and the fairness and reasonableness of the allocation of the Series 2005A Assessments based upon the methodology set forth in the Series 2005A Report and Table 4 and Table 5 attached hereto is hereby confirmed.

The 2025 Engineer’s Report estimates that it will cost approximately
$2,223,840 to construct the 2025 Project for renewal and replacement of a portion of the 2005 Project.

Construction of the improvements comprising the 2025 Project will provide special benefit to real property within the Series 2025 Assessment Area that meets or exceeds the cost to finance and construct the 2025 Project, and the fairness and reasonableness of the allocation of the Series 2025 Assessments based upon the methodology set forth in the Series 2005A Assessment Report and Table 4 and Table 5 attached hereto is hereby confirmed.

The allocation of the Series 2025 Assessments as set forth herein will result in the District annually certifying for collection special assessments in the amounts set forth on Table 6, the Assessment Roll.

It is anticipated that all of the special assessments will be collected through the Uniform Method of Collection described in Section 197.3632, Florida Statutes or any other legal means of collection available to the District. It is not the intent of this Assessment Report to address any other assessments, if applicable, that may be levied by the District, a homeowner’s association, or any other unit of government.

APPENDIX

TABLE 2
SOURCES AND USES OF FUNDS

Current Annual Debt Service Assessments (Series 2014)		Series 2025 Bonds Debt Service Assessments (Net)	Series 2025/Unit					
Annual Assessment per SF Home (Net)*	1,404.59		1369	217		1586	
Annual Assessment per MF Unit (Net)*					307	307	

Maximum Annual Debt Service Assessments (Series 2025)	Refunding (SF)	New Money (SF)	New Money (MF)	MADS	
Annual Assessment per SF Home (Net)•	1,585.69	1369	217		585,375.00	
Annual Assessment per MF Unit (Net)'	307,4/l			307	62,725.00	
*Net Assessment is prior to gross-up for discounts and collections costs.	Total Annual Revenues	648,100.00			

TABLE 6 ASSESSMENT ROLL

TABLE 6	
ASSESSMENT ROLL	

PARCEL ID	

LOT / UNIT	

UNIT TYPE	
2014
REFUNDING DEBT UNITS	
2025
REVENUE DEBT UNITS	
SERIES 2025 REFUNDING PAR DEBT	
SERIES 2025 REVENUE PAR DEBT	
SERIES 2025 TOTAL PAR DEBT	SERIES 2025 REFUNDING ANNUAL GROSS TAX BILL	SERIES 2025 REVENUE ANNUAL GROSS TAX BILL	TOTAL SERIES 2025 GROSS TAX BILL*	
R-165264-2090	1	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-2095	2	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-2100	3	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-2105	4	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-2110	5	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-2115	6	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-2120	7	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-2125	8	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-2130	9	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-2135	10	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-2140	11	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-2145	12	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-2150	13	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-2155	14	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-2160	15	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-2165	16	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-2170	17	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-2175	18	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-2180	19	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-2185	20	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-2190	21	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-2195	22	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-2200	23	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-2205	24	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-2210	25	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-2215	26	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-2220	27	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-2225	28	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-2230	29	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-2235	30	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-2240	31	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-2245	32	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-2250	33	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-2255	34	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-2260	35	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-2265	36	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-2270	37	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-2275	38	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-2280	39	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	

PARCEL ID	

LOT / UNIT	

UNIT TYPE	
2014
REFUNDING DEBT UNITS	
2025
REVENUE DEBT UNITS	
SERIES 2025 REFUNDING PAR DEBT	
SERIES 2025 REVENUE PAR DEBT	
SERIES 2025 TOTAL PAR DEBT	SERIES 2025 REFUNDING ANNUAL GROSS TAX BILL	SERIES 2025 REVENUE ANNUAL GROSS TAX BILL	TOTAL SERIES 2025 GROSS TAX BILL*	

R-165264-2285	40	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-2290	41	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-2295	42	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-2300	43	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-2305	44	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-2310	45	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-2315	46	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-2320	47	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-2325	48	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-2330	49	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-2335	50	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-2340	51	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-2345	52	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-2350	53	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-2355	54	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-2360	55	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-2365	56	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-2370	57	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-2375	58	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-2380	59	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-2385	60	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-2390	61	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-2395	62	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-2400	63	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-2405	64	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-2410	65	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-2415	66	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-2420	67	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-2425	68	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-2430	69	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-2435	70	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-2440	71	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-2445	72	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-2450	73	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-2455	74	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-2460	75	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-2465	76	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-2470	77	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-2475	78	SF	0	1	-	4,825.27	4,825.27	-	234.74	234.74	
R-165264-2480	79	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-2485	80	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-2490	81	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	

PARCEL ID	

LOT / UNIT	

UNIT TYPE	
2014
REFUNDING DEBT UNITS	
2025
REVENUE DEBT UNITS	
SERIES 2025 REFUNDING PAR DEBT	
SERIES 2025 REVENUE PAR DEBT	
SERIES 2025 TOTAL PAR DEBT	SERIES 2025 REFUNDING ANNUAL GROSS TAX BILL	SERIES 2025 REVENUE ANNUAL GROSS TAX BILL	TOTAL SERIES 2025 GROSS TAX BILL*	

R-165264-2495	82	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-2500	83	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-2505	84	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-2510	85	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-2515	86	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-2520	87	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-2525	88	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-2530	89	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-2535	90	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-2540	91	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-2545	92	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-2550	93	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-2555	94	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-2560	95	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-2565	96	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-2570	97	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-2575	98	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-2580	99	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-2585	100	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-2590	101	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-2595	102	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-2600	103	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-2605	104	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-2610	105	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-2615	106	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-2620	107	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-2625	108	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-2630	109	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-2635	110	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-2640	111	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-2645	112	SF PD	0.71	1	8,443.94	4,825.27	13,269.21	1,054.76	231.47	1,286.23	
R-165264-2650	113	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-2655	114	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-2660	115	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-2665	116	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-2670	117	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-2675	118	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-2680	119	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-2685	120	SF	0	1	-	4,825.27	4,825.27	-	234.74	234.74	
R-165264-2690	121	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-2695	122	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-2700	123	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	

PARCEL ID	

LOT / UNIT	

UNIT TYPE	
2014
REFUNDING DEBT UNITS	
2025
REVENUE DEBT UNITS	
SERIES 2025 REFUNDING PAR DEBT	
SERIES 2025 REVENUE PAR DEBT	
SERIES 2025 TOTAL PAR DEBT	SERIES 2025 REFUNDING ANNUAL GROSS TAX BILL	SERIES 2025 REVENUE ANNUAL GROSS TAX BILL	TOTAL SERIES 2025 GROSS TAX BILL*	

R-165264-2705	124	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-2710	125	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-2715	126	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-2720	127	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-2725	128	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-2730	129	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-2735	130	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-2740	131	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-2745	132	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-2750	133	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-2755	134	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-2760	135	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-2765	136	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-2770	137	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-2775	138	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-2780	139	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-2785	140	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-2790	141	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-2795	142	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-2800	143	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-2805	144	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-2810	145	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-2815	146	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-2820	147	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-2825	148	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-2830	149	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-2835	150	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-2840	151	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-2845	152	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-2850	153	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-2855	154	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-2860	155	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-2865	156	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-2870	157	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-2875	158	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-2880	159	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-2885	160	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-2890	161	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-2895	162	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-2900	163	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-2905	164	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-2910	165	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	

PARCEL ID	

LOT / UNIT	

UNIT TYPE	
2014
REFUNDING DEBT UNITS	
2025
REVENUE DEBT UNITS	
SERIES 2025 REFUNDING PAR DEBT	
SERIES 2025 REVENUE PAR DEBT	
SERIES 2025 TOTAL PAR DEBT	SERIES 2025 REFUNDING ANNUAL GROSS TAX BILL	SERIES 2025 REVENUE ANNUAL GROSS TAX BILL	TOTAL SERIES 2025 GROSS TAX BILL*	

R-165264-2915	166	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-2920	167	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-2925	168	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-2930	169	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-2935	170	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-2940	171	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-2945	172	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-2950	173	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-2955	174	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-2960	175	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-2965	176	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-2970	177	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-2975	178	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-2980	179	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-2985	180	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-2990	181	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-2995	182	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3000	183	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3005	184	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3010	185	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3015	186	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3020	187	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3025	188	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3030	189	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3035	190	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3040	191	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3045	192	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3050	193	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3055	194	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3060	195	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3065	196	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3070	197	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3075	198	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3080	199	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3085	200	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3090	201	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3095	202	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3100	203	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3105	204	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3110	205	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3115	206	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3120	207	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	

PARCEL ID	

LOT / UNIT	

UNIT TYPE	
2014
REFUNDING DEBT UNITS	
2025
REVENUE DEBT UNITS	
SERIES 2025 REFUNDING PAR DEBT	
SERIES 2025 REVENUE PAR DEBT	
SERIES 2025 TOTAL PAR DEBT	SERIES 2025 REFUNDING ANNUAL GROSS TAX BILL	SERIES 2025 REVENUE ANNUAL GROSS TAX BILL	TOTAL SERIES 2025 GROSS TAX BILL*	

R-165264-3125	208	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3130	209	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3135	210	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3140	211	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3145	212	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3150	213	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3155	214	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3160	215	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3165	216	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3170	217	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3175	218	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3180	219	SF	0	1	-	4,825.27	4,825.27	-	234.74	234.74	
R-165264-3185	220	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3190	221	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3195	222	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3200	223	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3205	224	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3210	225	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3215	226	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3220	227	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3225	228	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3230	229	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3235	230	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3240	231	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3245	232	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3250	233	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3255	234	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3260	235	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3265	236	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3270	237	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3275	238	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3280	239	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3285	240	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3290	241	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3295	242	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3300	243	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3305	244	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3310	245	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3315	246	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3320	247	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3325	248	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3330	249	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	

PARCEL ID	

LOT / UNIT	

UNIT TYPE	
2014
REFUNDING DEBT UNITS	
2025
REVENUE DEBT UNITS	
SERIES 2025 REFUNDING PAR DEBT	
SERIES 2025 REVENUE PAR DEBT	
SERIES 2025 TOTAL PAR DEBT	SERIES 2025 REFUNDING ANNUAL GROSS TAX BILL	SERIES 2025 REVENUE ANNUAL GROSS TAX BILL	TOTAL SERIES 2025 GROSS TAX BILL*	

R-165264-3335	250	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3340	251	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3345	252	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3350	253	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3355	254	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3360	255	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3365	256	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3370	257	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3375	258	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3380	259	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3385	260	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3390	261	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3395	262	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3400	263	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3405	264	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3410	265	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3415	266	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3420	267	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3425	268	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3430	269	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3435	270	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3440	271	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3445	272	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3450	273	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3455	274	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3460	275	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3465	276	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3470	277	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3475	278	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3480	279	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3485	280	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3490	281	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3495	282	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3500	283	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3505	284	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3510	285	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3515	286	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3520	287	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3525	288	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3530	289	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3535	290	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3540	291	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	

PARCEL ID	

LOT / UNIT	

UNIT TYPE	
2014
REFUNDING DEBT UNITS	
2025
REVENUE DEBT UNITS	
SERIES 2025 REFUNDING PAR DEBT	
SERIES 2025 REVENUE PAR DEBT	
SERIES 2025 TOTAL PAR DEBT	SERIES 2025 REFUNDING ANNUAL GROSS TAX BILL	SERIES 2025 REVENUE ANNUAL GROSS TAX BILL	TOTAL SERIES 2025 GROSS TAX BILL*	

R-165264-3545	292	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3550	293	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3555	294	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3560	295	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3565	296	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3570	297	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3575	298	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3580	299	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3585	300	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3590	301	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3595	302	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3600	303	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3605	304	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3610	305	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3615	306	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3620	307	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3625	308	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3630	309	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3635	310	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3640	311	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3645	312	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3650	313	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3655	314	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3660	315	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3665	316	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3670	317	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3675	318	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3680	319	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3685	320	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3690	321	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3695	322	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3700	323	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3705	324	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3710	325	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3715	326	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3720	327	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3725	328	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3730	329	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3735	330	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3740	331	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3745	332	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3750	333	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	

PARCEL ID	

LOT / UNIT	

UNIT TYPE	
2014
REFUNDING DEBT UNITS	
2025
REVENUE DEBT UNITS	
SERIES 2025 REFUNDING PAR DEBT	
SERIES 2025 REVENUE PAR DEBT	
SERIES 2025 TOTAL PAR DEBT	SERIES 2025 REFUNDING ANNUAL GROSS TAX BILL	SERIES 2025 REVENUE ANNUAL GROSS TAX BILL	TOTAL SERIES 2025 GROSS TAX BILL*	

R-165264-3755	334	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3760	335	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3765	336	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3770	337	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3775	338	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3780	339	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3785	340	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3790	341	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3795	342	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3800	343	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3805	344	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3810	345	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3815	346	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3820	347	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3825	348	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3830	349	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3835	350	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3840	351	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3845	352	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3850	353	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3855	354	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3860	355	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3865	356	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3870	357	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3875	358	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3880	359	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3885	360	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3890	361	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3895	362	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3900	363	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3905	364	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3910	365	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3915	366	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3920	367	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3925	368	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3930	369	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3935	370	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3940	371	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-3945	372	SF	1	1	11,825.01	4,825.27	16,650.28	1,479.52	234.74	1,714.26	
R-165264-8204	UNIT 111	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8206	UNIT 112	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8208	UNIT 113	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	

PARCEL ID	

LOT / UNIT	

UNIT TYPE	
2014
REFUNDING DEBT UNITS	
2025
REVENUE DEBT UNITS	
SERIES 2025 REFUNDING PAR DEBT	
SERIES 2025 REVENUE PAR DEBT	
SERIES 2025 TOTAL PAR DEBT	SERIES 2025 REFUNDING ANNUAL GROSS TAX BILL	SERIES 2025 REVENUE ANNUAL GROSS TAX BILL	TOTAL SERIES 2025 GROSS TAX BILL*	

R-165264-8210	UNIT 114	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8212	UNIT 121	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8214	UNIT 122	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8216	UNIT 123	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8218	UNIT 124	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8220	UNIT 131	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8222	UNIT 132	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8224	UNIT 133	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8226	UNIT 134	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8232	UNIT 211	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8234	UNIT 212	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8236	UNIT 213	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8238	UNIT 214	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8240	UNIT 221	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8242	UNIT 222	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8244	UNIT 223	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8246	UNIT 224	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8248	UNIT 231	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8250	UNIT 232	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8252	UNIT 233	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8254	UNIT 234	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8260	UNIT 311	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8262	UNIT 312	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8264	UNIT 313	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8266	UNIT 314	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8268	UNIT 321	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8270	UNIT 322	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8272	UNIT 323	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8274	UNIT 324	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8276	UNIT 331	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8278	UNIT 332	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8280	UNIT 333	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8282	UNIT 334	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8290	UNIT 411	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8292	UNIT 412	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8294	UNIT 413	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8296	UNIT 414	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8298	UNIT 421	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8300	UNIT 422	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8302	UNIT 423	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8304	UNIT 424	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8306	UNIT 431	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	

PARCEL ID	

LOT / UNIT	

UNIT TYPE	
2014
REFUNDING DEBT UNITS	
2025
REVENUE DEBT UNITS	
SERIES 2025 REFUNDING PAR DEBT	
SERIES 2025 REVENUE PAR DEBT	
SERIES 2025 TOTAL PAR DEBT	SERIES 2025 REFUNDING ANNUAL GROSS TAX BILL	SERIES 2025 REVENUE ANNUAL GROSS TAX BILL	TOTAL SERIES 2025 GROSS TAX BILL*	

R-165264-8308	UNIT 432	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8310	UNIT 433	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8312	UNIT 434	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8320	UNIT 511	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8322	UNIT 512	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8324	UNIT 513	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8326	UNIT 514	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8328	UNIT 521	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8330	UNIT 522	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8332	UNIT 523	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8334	UNIT 524	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8336	UNIT 531	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8338	UNIT 532	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8340	UNIT 533	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8342	UNIT 534	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8350	UNIT 611	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8352	UNIT 612	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8354	UNIT 613	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8356	UNIT 614	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8358	UNIT 621	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8360	UNIT 622	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8362	UNIT 623	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8364	UNIT 624	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8366	UNIT 631	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8368	UNIT 632	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8370	UNIT 633	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8372	UNIT 634	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8380	UNIT 711	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8382	UNIT 712	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8384	UNIT 713	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8386	UNIT 714	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8388	UNIT 721	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8390	UNIT 722	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8392	UNIT 723	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8394	UNIT 724	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8396	UNIT 731	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8398	UNIT 732	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8400	UNIT 733	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8402	UNIT 734	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8410	UNIT 811	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8412	UNIT 812	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8414	UNIT 813	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	

PARCEL ID	

LOT / UNIT	

UNIT TYPE	
2014
REFUNDING DEBT UNITS	
2025
REVENUE DEBT UNITS	
SERIES 2025 REFUNDING PAR DEBT	
SERIES 2025 REVENUE PAR DEBT	
SERIES 2025 TOTAL PAR DEBT	SERIES 2025 REFUNDING ANNUAL GROSS TAX BILL	SERIES 2025 REVENUE ANNUAL GROSS TAX BILL	TOTAL SERIES 2025 GROSS TAX BILL*	

R-165264-8416	UNIT 814	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8418	UNIT 821	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8420	UNIT 822	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8422	UNIT 823	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8424	UNIT 824	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8426	UNIT 831	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8428	UNIT 832	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8430	UNIT 833	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8432	UNIT 834	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8440	UNIT 911	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8442	UNIT 912	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8444	UNIT 913	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8446	UNIT 914	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8448	UNIT 921	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8450	UNIT 922	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8452	UNIT 923	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8454	UNIT 924	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8456	UNIT 931	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8458	UNIT 932	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8460	UNIT 933	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8462	UNIT 934	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8470	UNIT 1011	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8472	UNIT 1012	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8474	UNIT 1013	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8476	UNIT 1014	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8478	UNIT 1021	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8480	UNIT 1022	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8482	UNIT 1023	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8484	UNIT 1024	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8486	UNIT 1031	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8488	UNIT 1032	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8490	UNIT 1033	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8492	UNIT 1034	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8500	UNIT 1111	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8502	UNIT 1112	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8504	UNIT 1113	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8506	UNIT 1114	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8508	UNIT 1121	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8510	UNIT 1122	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8512	UNIT 1123	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8514	UNIT 1124	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8516	UNIT 1131	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	

PARCEL ID	

LOT / UNIT	

UNIT TYPE	
2014
REFUNDING DEBT UNITS	
2025
REVENUE DEBT UNITS	
SERIES 2025 REFUNDING PAR DEBT	
SERIES 2025 REVENUE PAR DEBT	
SERIES 2025 TOTAL PAR DEBT	SERIES 2025 REFUNDING ANNUAL GROSS TAX BILL	SERIES 2025 REVENUE ANNUAL GROSS TAX BILL	TOTAL SERIES 2025 GROSS TAX BILL*	

R-165264-8518	UNIT 1132	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8520	UNIT 1133	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8522	UNIT 1134	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8530	UNIT 1211	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8532	UNIT 1212	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8534	UNIT 1213	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8536	UNIT 1214	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8538	UNIT 1221	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8540	UNIT 1222	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8542	UNIT 1223	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8544	UNIT 1224	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8546	UNIT 1231	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8548	UNIT 1232	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8550	UNIT 1233	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8552	UNIT 1234	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8560	UNIT 1311	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8562	UNIT 1312	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8564	UNIT 1313	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8566	UNIT 1314	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8568	UNIT 1321	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8570	UNIT 1322	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8572	UNIT 1323	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8574	UNIT 1324	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8576	UNIT 1331	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8578	UNIT 1332	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8580	UNIT 1333	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8582	UNIT 1334	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8590	UNIT 1411	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8592	UNIT 1412	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8594	UNIT 1413	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8596	UNIT 1414	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8598	UNIT 1421	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8600	UNIT 1422	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8602	UNIT 1423	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8604	UNIT 1424	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8606	UNIT 1431	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8608	UNIT 1432	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8610	UNIT 1433	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8612	UNIT 1434	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8620	UNIT 1511	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8622	UNIT 1512	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8624	UNIT 1513	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	

PARCEL ID	

LOT / UNIT	

UNIT TYPE	
2014
REFUNDING DEBT UNITS	
2025
REVENUE DEBT UNITS	
SERIES 2025 REFUNDING PAR DEBT	
SERIES 2025 REVENUE PAR DEBT	
SERIES 2025 TOTAL PAR DEBT	SERIES 2025 REFUNDING ANNUAL GROSS TAX BILL	SERIES 2025 REVENUE ANNUAL GROSS TAX BILL	TOTAL SERIES 2025 GROSS TAX BILL*	

R-165264-8626	UNIT 1514	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8628	UNIT 1521	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8630	UNIT 1522	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8632	UNIT 1523	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8634	UNIT 1524	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8636	UNIT 1531	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8638	UNIT 1532	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8640	UNIT 1533	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8642	UNIT 1534	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8650	UNIT 1611	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8652	UNIT 1612	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8654	UNIT 1613	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8656	UNIT 1614	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8658	UNIT 1621	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8660	UNIT 1622	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8662	UNIT 1623	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8664	UNIT 1624	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8666	UNIT 1631	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8668	UNIT 1632	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8670	UNIT 1633	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8672	UNIT 1634	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8680	UNIT 1711	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8682	UNIT 1712	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8684	UNIT 1713	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8686	UNIT 1714	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8688	UNIT 1721	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8690	UNIT 1722	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8692	UNIT 1723	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8694	UNIT 1724	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8696	UNIT 1731	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8698	UNIT 1732	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8700	UNIT 1733	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
R-165264-8702	UNIT 1734	MF	0	1	-	3,235.29	3,235.29	-	332.41	332.41	
TOTAL			368.71	576	4,360,048.18	2,455,000.00	6,815,048.18	545,517.81	155,131.87	700,649.68	

*The per unit gross assessment for Single Family homes will be revised in future years as reflected in Table 5.

B.
RESOLUTION NO. 2025-10
A RESOLUTION OF THE BOARD OF SUPERVISORS OF WYNNFIELD LAKES COMMUNITY DEVELOPMENT DISTRICT (THE "DISTRICT") APPROVING THE SALE, ISSUANCE AND TERMS OF SALE OF THE WYNNFIELD LAKES COMMUNITY DEVELOPMENT DISTRICT CAPITAL IMPROVEMENT REVENUE AND REFUNDING BOND, SERIES 2025 (THE "SERIES 2025 BOND") IN ORDER TO CURRENTLY REFUND AND REDEEM ALL OF THE OUTSTANDING PRINCIPAL AMOUNT OF THE DISTRICT'S SPECIAL ASSESSMENT REFUNDING BONDS, SERIES 2014 (THE "REFUNDED BONDS") AND FINANCE THE SERIES 2025 PROJECT; ESTABLISHING THE INTEREST RATE, MATURITY DATE, REDEMPTION PROVISIONS AND OTHER DETAILS THEREOF; APPROVING A PRIVATE PLACEMENT FOR THE SERIES 2025 BOND; APPROVING THE FORMS OF THE MASTER TRUST INDENTURE AND FIRST SUPPLEMENTAL TRUST INDENTURE AND AUTHORIZING THE EXECUTION AND DELIVERY THEREOF BY CERTAIN OFFICERS OF THE DISTRICT; APPOINTING A TRUSTEE, PAYING AGENT AND BOND REGISTRAR FOR THE SERIES 2025 BOND; APPROVING THE FORM OF THE SERIES 2025 BOND; AUTHORIZING CERTAIN OFFICERS OF THE DISTRICT TO TAKE ALL ACTIONS REQUIRED AND TO EXECUTE AND DELIVER ALL DOCUMENTS, INSTRUMENTS AND CERTIFICATES NECESSARY IN CONNECTION WITH THE ISSUANCE, SALE AND DELIVERY OF THE SERIES 2025 BOND; AUTHORIZING THE VICE CHAIRMAN AND ASSISTANT SECRETARIES TO ACT IN THE STEAD OF THE CHAIRMAN OR THE SECRETARY, AS THE CASE MAY BE; SPECIFYING THE APPLICATION OF THE PROCEEDS OF THE SERIES 2025 BOND; APPROVING THE FORM OF THE ESCROW DEPOSIT AGREEMENT AND APPOINTING AN ESCROW AGENT THEREUNDER; AUTHORIZING CERTAIN OFFICERS OF THE DISTRICT TO TAKE ALL ACTIONS AND ENTER INTO ALL AGREEMENTS REQUIRED IN CONNECTION WITH THE REFUNDING OF THE REFUNDED BONDS AND THE UNDERTAKING OF THE SERIES 2025 PROJECT; APPOINTING A VERIFICATION AGENT; DESIGNATING THE SERIES 2025 BOND AS A "QUALIFIED TAX EXEMPT OBLIGATION" PURSUANT TO SECTION 265(B)(3) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED; AND PROVIDING AN EFFECTIVE DATE.
WHEREAS, the Board of Supervisors of Wynnfield Lakes Community Development District (the "Board" and the "District," respectively) has determined to proceed at this time with the sale and issuance of the Wynnfield Lakes Community Development District Capital Improvement Revenue and Refunding
Bond, Series 2025 (the "Series 2025 Bond") to be issued under and pursuant to a Master Trust Indenture, to be dated as of the first day of the first month and year in which the Series 2025 Bond is issued thereunder (the "Master Indenture"), between the District and U.S. Bank Trust Company, National Association, Fort Lauderdale, Florida, as trustee (the "Trustee"), as supplemented by a First Supplemental Trust Indenture to be dated as of the first day of the first month and year in which the Series 2025 Bond is issued thereunder (the "Supplemental Indenture" and together with the Master Indenture, the "Indenture") between the District and the Trustee, in order to currently refund and redeem all of the Outstanding principal amount of the District's Special Assessment Refunding Bonds, Series 2014 (the "Refunded Bonds"), which were issued and are outstanding under the 2014 Indenture, and finance the Costs of the Series 2025 Project;
WHEREAS, the Board has received a proposal from Seacoast National Bank, a national banking association (the "Bank"), in the nature of a proposal letter (the "Proposal Letter") submitted through MBS Capital Markets, LLC (the "Placement Agent") for the purchase of the Series 2025 Bond, and the Board has previously approved such Proposal Letter at a meeting of the Board duly called and held on July 23, 2025; and
WHEREAS, in conjunction with the sale and issuance of the Series 2025 Bond, it is necessary to approve the forms of the Master Indenture, Supplemental Indenture and Escrow Agreement (hereinafter defined), to establish the principal amount, interest rate, maturity date, redemption provisions, placement fee, costs and certain other details with respect thereto, to approve the form of the Series 2025 Bond and to provide for various other matters with respect to the Series 2025 Bond, the refunding and redemption of the Refunded Bonds, and the undertaking of the Series 2025 Project.
NOW, THEREFORE, BE IT RESOLVED that:
	1.	Definitions. All words and phrases used herein in capitalized form, unless otherwise defined herein, shall have the meanings ascribed to them in the Indenture.
	2.	Award. Pursuant to Section 190.016(7), Florida Statutes, the Board hereby determines that, in its judgment, the issuance of the Series 2025 Bond will be advantageous to the District. The sale of the Series 2025 Bond to the Bank upon the terms and conditions set forth in the Proposal Letter, and in a principal amount not to exceed the amount set forth in the Proposal Letter, is hereby authorized and approved. The Placement Agent shall be paid a placement fee of $121,561.00, the payment of which fee from the proceeds of the Series 2025 Bond is hereby approved. Pursuant to the Proposal Letter, the Bank shall be paid a fee equal to fifty (50) basis points of the principal amount of the Series 2025 Bond, the payment of which fee from the proceeds of the Series 2025 Bond is hereby approved.
	3.	Private Placement. The Board hereby determines that a private placement of the Series 2025 Bond through the facilities of the Placement Agent is in the best interests of the District because the market for instruments such as the Series 2025 Bond is limited, because of prevailing market conditions and because the delays caused by soliciting competitive bids could adversely affect the District's ability to issue and deliver the Series 2025 Bond.
	4.	Approval of Forms of Master Indenture and Supplemental Indenture; Appointment of Trustee, Paying Agent and Bond Registrar. Attached hereto as Exhibit A are the forms of the Master Indenture and Supplemental Indenture, which are each hereby authorized and approved, subject to such changes, additions, deletions and insertions as shall be approved by the Chairman, which approval shall be conclusively evidenced by the execution thereof. The Chairman is hereby authorized to execute and the Secretary is authorized to attest the Master Indenture and Supplemental Indenture and the Chairman is hereby authorized to deliver to the Trustee the Master Indenture and Supplemental Indenture which, when executed and delivered by the Trustee, shall each constitute the legal, valid and binding obligation of the District, enforceable in accordance with its respective terms. U.S. Bank Trust Company, National Association is hereby appointed as Trustee, Paying Agent and Bond Registrar under the Indenture.
	5.	Description of Series 2025 Bond. The Series 2025 Bond shall be dated as of the date of issuance and delivery to the Bank and may be issued having such details as are set forth in the Proposal Letter and as reflected in the Supplemental Indenture. The Series 2025 Bond shall be subject to redemption on the terms, at the times and prices and in the manner provided in the Proposal Letter and in the form of Series 2025 Bond attached to the Supplemental Indenture, which form is hereby approved, subject to such changes, additions, deletions and insertions as shall be approved by the Chairman, which approval shall be conclusively evidenced by the execution thereof. The Chairman is hereby authorized to execute and the Secretary is authorized to attest and seal the Series 2025 Bond and the Chairman is hereby authorized to deliver to the Trustee for authentication and delivery to the Bank upon payment by the Bank of the purchase price therefor, the Series 2025 Bond which, when authenticated and delivered by the Trustee, shall be the legal, valid and binding obligation of the District, enforceable in accordance with its terms.
The Series 2025 Bond shall be secured by, and the District in the Supplemental Indenture grants to the Trustee for the benefit of the Bank, a lien on and a pledge of the Series 2025 Assessments imposed, levied and collected by the District in accordance with the Act, as more specifically described in the Supplemental Indenture. In addition, the Series 2025 Bond shall be secured by a lien and pledge of all amounts on deposit in the Funds and Accounts established under the Supplemental Indenture, except for any amounts in the Series 2025 Rebate Account, all in accordance with the Supplemental Indenture.
	1.	Open Meetings. It is hereby found and determined that all official acts of this Board concerning and relating to the issuance, sale, and delivery of the Series 2025 Bond, including but not limited to adoption of this Resolution, were taken in open meetings of the members of the Board and all deliberations of the members of the Board that resulted in such official acts were in meetings open to the public, in compliance with all legal requirements including, but not limited to, the requirements of Section 286.011, Florida Statutes.
	2.	Other Actions. The Chairman, the Secretary, and all other members, officers and employees of the Board and the District are hereby authorized and directed to take all actions necessary or desirable in connection with the issuance and delivery of the Series 2025 Bond and the consummation of all transactions in connection therewith, including the execution of all certificates, documents, papers, and agreements necessary to the undertaking and fulfillment of all transactions referred to in or contemplated by the Indenture, this Resolution, the Escrow Agreement and the Proposal Letter.
The Vice Chairman is hereby authorized to act in the stead of the Chairman in any undertaking authorized or required of the Chairman hereunder and any Assistant Secretary is hereby authorized to act in the stead of the Secretary in any undertaking authorized or required of the Secretary hereunder.
	1.	Deposits to Funds and Accounts; Approval of Form of Escrow Deposit Agreement; Appointment of Escrow Agent. The Trustee is hereby authorized and directed to apply the proceeds of the Series 2025 Bond in the amounts and in the manner set forth in Section 402 of the Supplemental Indenture.
Amounts on deposit in the Funds and Accounts for the Refunded Bonds shall be applied as directed by the Chairman in a certificate directed to the Trustee and delivered at the closing on the Series 2025 Bond, subject to the approval of Bond Counsel.
The Escrow Deposit Agreement (the "Escrow Agreement"), between the District and U.S. Bank Trust Company, National Association, as escrow agent, relating to the Refunded Bonds shall be substantially in the form attached hereto as Exhibit B, subject to such changes, additions, deletions and insertions as shall be approved by the Chairman, which approval shall be conclusively evidenced by the execution thereof. The Chairman is hereby authorized to execute and the Secretary is authorized to attest the Escrow Agreement which, when executed and delivered by the District, shall be a legal, valid and binding obligation of the District, enforceable in accordance with its terms. U.S. Bank Trust Company, National Association is hereby appointed as Escrow Agent under the Escrow Agreement.
	1.	Refunding of the Refunded Bonds; Undertaking of the Series 2025 Project; Execution and Delivery of Other Instruments; Appointment
of Verification Agent. As of the date hereof, there are no Bonds or other obligations outstanding under the 2014 Indenture other than the Refunded Bonds. The Board hereby authorizes and approves the current refunding and redemption of the Refunded Bonds. The Board hereby authorizes the undertaking of the Series 2025 Project and authorizes and directs the District staff and Consulting Engineer to proceed with due diligence to the completion thereof in accordance with the Indenture.
The Board hereby authorizes the Chairman and the Secretary to execute and deliver, receive or enter into such agreements, contracts, documents, instruments, certificates and proceedings incident thereto or necessary in order to effect the refunding and redemption of the Refunded Bonds, the undertaking of the Series 2025 Project and the issuance, sale and delivery of the Series 2025 Bond, including but not limited to the execution and delivery of the Proposal Letter of the Bank to purchase the Series 2025 Bond.
The Chairman is hereby authorized and directed to appoint Causey Public Finance, LLC as verification agent.
	1.	Assessment Methodology; Engineer's Report. The Board hereby authorizes and approves modifications and supplements to the Assessment Methodology previously approved by the Board in connection with the sale of the Series 2025 Bond. The Board hereby authorizes and approves modifications and supplements to the Engineer's Report previously approved by the Board in connection with the sale of the Series 2025 Bond.
	2.	Designation of the Series 2025 Bond as a "Qualified Tax-Exempt Obligation" Pursuant to Section 265(b)(3) of the Code. The Series 2025 Bond is currently anticipated to be issued in a principal amount less than $10,000,000. The District does not reasonably expect to issue more Bonds in the current calendar year 2025 and therefore does not expect to issue more than $10,000,000 of tax- exempt obligations in the current calendar year. Accordingly, the District hereby designates the Series 2025 Bond as a "bank qualified obligation" within the meaning of Section 265(b)(3) of the Internal Revenue Code of 1986, as amended. Such designation shall be further evidenced in the Arbitrage Certificate of the District delivered in connection with the closing of the Series 2025 Bond and by selecting the appropriate check box on IRS Form 8038-G filed in relation to the Series 2025 Bond.
	3.	Approval of Prior Actions. All actions taken to date by the members of the Board and the officers, agents and consultants of the District in furtherance of the issuance of the Series 2025 Bond and the refunding and redemption of the Refunded Bonds, including but not limited to the approval of the Proposal Letter and execution by the Secretary and delivery on behalf of the District of that certain letter (the "Direction Letter") from the Secretary of the
Board, on behalf of the District, to the Trustee dated August 26, 2025, directing the Trustee to send a conditional notice of optional redemption, are hereby approved, confirmed and ratified.
	1.	Severability. If any section, paragraph, clause or provision of this Resolution shall be held to be invalid or ineffective for any reason, the remainder of this Resolution shall continue in full force and effect, it being expressly hereby found and declared that the remainder of this Resolution would have been adopted despite the invalidity or ineffectiveness of such section, paragraph, clause or provision.
	2.	Effective Date. This Resolution shall take effect immediately upon its adoption.
[Remainder of Page Intentionally Left Blank]
PASSED in Public Session of the Board of Supervisors of Wynnfield Lakes Community Development District, this 15th day of September, 2025.

Attest:
WYNNFIELD LAKES COMMUNITY DEVELOPMENT DISTRICT

	
Secretary/Assistant Secretary	Chairman/Vice Chairman, Board of Supervisors

Exhibit A – Forms of Master Indenture and Supplemental Indenture Exhibit B – Form of Escrow Deposit Agreement
EXHIBIT A
FORMS OF MASTER INDENTURE AND SUPPLEMENTAL INDENTURE

MASTER TRUST INDENTURE

BETWEEN

WYNNFIELD LAKES COMMUNITY DEVELOPMENT DISTRICT

AND

U.S. BANK TRUST COMPANY, NATIONAL ASSOCIATION, AS TRUSTEE

Dated as of September 1, 2025

TABLE OF CONTENTS
ARTICLE I DEFINITIONS
Section 101. Meaning of Words and Terms	3
Section 102. Rules of Construction	17
ARTICLE II
FORM, EXECUTION, DELIVERY AND DESIGNATION OF BONDS
Section 201. Issuance of Bonds	17
Section 202. Details of Bonds	18
Section 203. Execution and Form of Bonds	18
Section 204. Negotiability, Registration and Transfer of Bonds	19
Section 205. Ownership of Bonds	19
Section 206. Special Obligations	20
Section 207. Authorization of Bonds	20
Section 208. Mutilated, Destroyed or Lost Bonds	22
Section 209. Parity Obligations Under Credit Agreements	22
Section 210. Bond Anticipation Notes	22
Section 211. Tax Status of Bonds	23
ARTICLE III REDEMPTION OF BONDS
Section 301. Redemption Generally	23
Section 302. Notice of Redemption; Procedure for Selection	24
Section 303. Effect of Calling for Redemption	25
Section 304. Cancellation	26
ARTICLE IV
ACQUISITION AND CONSTRUCTION FUND
Section 401. Acquisition and Construction Fund	26
Section 402. Payments from Acquisition and Construction Fund	26
Section 403. Cost of a Series Project	26
Section 404. Disposition of Balances in Acquisition and Construction
Fund	28
ARTICLE V
ESTABLISHMENT OF FUNDS AND APPLICATION THEREOF
Section 501. Lien	29
Section 502. Establishment of Funds	29
Section 503. Acquisition and Construction Fund	30
Section 504. Revenue Fund	31
Section 505. Debt Service Fund	32
Section 506. Optional Redemption	34
Section 507. Rebate Fund	36
Section 508. Investment of Funds and Accounts	37
Section 509. Deficiencies and Surpluses in Funds and Accounts	39
Section 510. Investment Income	39
Section 511. Cancellation of Bonds	40
ARTICLE VI CONCERNING THE TRUSTEE
Section 601. Acceptance of Trust	40
Section 602. No Responsibility for Recitals	40
Section 603. Trustee May Act Through Agents; Answerable Only for
Willful Misconduct or Gross Negligence	40
Section 604. Compensation and Indemnity	41
Section 605. No Duty to Renew Insurance	41
Section 606. Notice of Default; Right to Investigate	41
Section 607. Obligation to Act on Default	42
Section 608. Reliance by Trustee	42
Section 609. Trustee May Deal in Bonds	42
Section 610. Construction of Ambiguous Provision	42
Section 611. Resignation of Trustee	42
Section 612. Removal of Trustee	43
Section 613. Appointment of Successor Trustee	43
Section 614. Qualification of Successor Trustee	44
Section 615. Instruments of Succession	44
Section 616. Merger of Trustee	44
Section 617. Resignation of Paying Agent or Bond Registrar	45
Section 618. Removal of Paying Agent or Bond Registrar	45
Section 619. Appointment of Successor Paying Agent or Bond Registrar	45
Section 620.  Qualifications of Successor Paying Agent or Bond Registrar	46
Section 621. Acceptance of Duties by Successor Paying Agent or Bond Registrar	46
Section 622. Successor by Merger or Consolidation	46
Section 623. Brokerage Statements	46
Section 624. Patriot Act Requirements of the Trustee	47
ARTICLE VII
FUNDS CONSTITUTE TRUST FUNDS
Section 701. Trust Funds	47
ARTICLE VIII
COVENANTS AND AGREEMENTS OF THE DISTRICT
Section 801. Payment of Bonds	48
Section 802. Extension of Payment of Bonds	48
Section 803. Further Assurance	48
Section 804. Power to Issue Bonds and Create a Lien	48
Section 805. Power to Undertake Series Projects and to Collect
Pledged Revenues	48
Section 806. Sale of Series Projects	49
Section 807. Completion and Maintenance of Series Projects	49
Section 808. Accounts and Reports	50
Section 809. Arbitrage and Other Tax Covenants	51
Section 810. Enforcement of Payment of Assessments	51
Section 811. Method of Collection of Assessments and Benefit Special Assessments	51
Section 812. Delinquent Assessments	51
Section 813. Deposit of Proceeds from Sale of Tax Certificates	52
Section 814. Sale of Tax Deed or Foreclosure of Assessment or Benefit Special Assessment Lien	52
Section 815. Other Obligations Payable from Assessments or Benefit
Special Assessments	53
Section 816. Re-Assessments	53
Section 817. General	53
Section 818. Continuing Disclosure	54
ARTICLE IX
EVENTS OF DEFAULT AND REMEDIES
Section 901. Extension of Interest Payment	54
Section 902. Events of Default	54
Section 903. Acceleration of Maturities of Bonds of a Series Under
Certain Circumstances	56
Section 904. Enforcement of Remedies	57
Section 905. Pro Rata Application of Funds Among Owners of a Series of
Bonds	58
Section 906. Effect of Discontinuance of Proceedings	60
Section 907. Restriction on Individual Owner Actions	60
Section 908. No Remedy Exclusive	60
Section 909. Delay Not a Waiver	60
Section 910. Right to Enforce Payment of Bonds	60
Section 911. No Cross Default Among Series	61
Section 912. Indemnification	61
Section 913. Provisions Relating to Bankruptcy or Insolvency of
Landowner	61
ARTICLE X
EXECUTION OF INSTRUMENTS BY OWNERS AND PROOF OF OWNERSHIP OF BONDS
Section 1001. Execution of Instruments by Owners and Proof of
Ownership of Bonds	63
Section 1002. Deposit of Bonds	64
ARTICLE XI SUPPLEMENTAL INDENTURES
Section 1101. Supplemental Indentures Without Owner Consent	64
Section 1102. Supplemental Indentures With Owner Consent	65
Section 1103. Opinion of Bond Counsel With Respect to Supplemental Indenture	66
Section 1104. Supplemental Indenture Part of Indenture	67
Section 1105. Insurer or Issuer of a Credit Facility or Liquidity Facility
as Owner of Bonds	67
ARTICLE XII DEFEASANCE
Section 1201. Defeasance and Discharge of the Lien of this Master
Indenture and Supplemental Indentures	68
Section 1202. Moneys Held in Trust	72
ARTICLE XIII MISCELLANEOUS PROVISIONS
Section 1301. Effect of Covenant	72
Section 1302. Manner of Giving Notice to the District and the Trustee	73
Section 1303. Manner of Giving Notice to the Owners	73
Section 1304. Successorship of District Officers	74
Section 1305. Inconsistent Provisions	74
Section 1306. Further Acts; Counterparts	74
Section 1307. Headings Not Part of Indenture	74
Section 1308. Effect of Partial Invalidity	74
Section 1309. Attorneys' Fees	74
Section 1310. Effective Date	75
Exhibit A – Form of Requisition
MASTER TRUST INDENTURE
THIS MASTER TRUST INDENTURE is dated as of September 1, 2025, between WYNNFIELD LAKES COMMUNITY DEVELOPMENT DISTRICT, a
local unit of special-purpose government organized and existing under the laws of the State of Florida (the "District"), and U.S. BANK TRUST COMPANY, NATIONAL ASSOCIATION, as trustee (the "Trustee"), a national banking association and having the authority to exercise corporate trust powers, with its designated corporate trust office located at 500 West Cypress Creek Road, Suite 460, Fort Lauderdale, Florida 33309, Attention: Corporate Trust Department.
WHEREAS, the District is a community development district duly organized and existing under the provisions of Chapter 190, Florida Statutes (the "Act"), for the purpose, among other things, of financing and managing the acquisition, construction, installation, maintenance, and operation of the major infrastructure within and without the boundaries of the District; and
WHEREAS, the District has the power and authority under the Act to issue special assessment bonds and revenue bonds and to use the proceeds thereof to finance the cost of acquiring and constructing assessable improvements (as defined in the Act) and, by virtue of Section 190.022 of the Act, to levy and collect special assessments therefor as provided in Chapter 170, Florida Statutes, and to levy and collect user charges and fees therefor as provided in Section 190.011 of the Act; and
WHEREAS, additionally, the District has the power and authority under the Act to levy and collect Benefit Special Assessments (hereinafter defined) and Operation and Maintenance Assessments (hereinafter defined); and
WHEREAS, the District has found and determined and does hereby find and determine, that acquisition and construction of the Series Projects (hereinafter defined) is and will be necessary and desirable in serving the District's goal of properly managing the acquisition, construction, installation and operation of portions of the infrastructure within and without the boundaries of the District; and
WHEREAS, the execution and delivery of the Bonds (hereinafter defined) and of this Master Indenture (hereinafter defined) have been duly authorized by the Governing Body (hereinafter defined) of the District and all things necessary to make the Bonds, when executed by the District and authenticated by the Trustee, valid and binding legal obligations of the District and to make this Master Indenture a valid and binding agreement and a valid and binding lien on the Trust Estate (hereinafter defined) have been done;
NOW, THEREFORE, THIS MASTER TRUST INDENTURE WITNESSETH:
GRANTING CLAUSES
That the District, in consideration of the premises and acceptance by the Trustee of the trusts hereby created and the purchase and acceptance of the Bonds by the Owners (hereinafter defined), and of the sum of ten dollars ($10.00), lawful money of the United States of America, to it duly paid by the Trustee at or before the execution and delivery of this Master Indenture, and for other good and valuable consideration, the receipt of which is hereby acknowledged, in order to secure the payment of the principal of, premium, if any, and interest on the Bonds of a Series (hereinafter defined) issued hereunder according to their tenor and effect and to secure the performance and observance by the District of all of the covenants expressed or implied herein, in the Supplemental Indenture authorizing the issuance of such Series of Bonds and in the Bonds of such Series, does hereby assign and grant a security interest in the following (herein called the "Trust Estate") to the Trustee and its successors in trust, and assigns forever, for the securing of the performance of the obligations of the District herein set forth: (a) the Pledged Revenues (hereinafter defined) and Pledged Funds (hereinafter defined); and (b) any and all property of every kind or description which may from time to time hereafter be sold, transferred, conveyed, assigned, hypothecated, endorsed, deposited, pledged, granted or delivered to, or deposited with, the Trustee as security for any Series of Bonds issued pursuant to this Master Indenture by the District or anyone on its behalf or with its consent, or which pursuant to any of the provisions hereof or of the Supplemental Indenture securing such Series of Bonds may come into the possession or control of the Trustee or of a lawfully appointed receiver, as such additional security, and the Trustee is hereby authorized to receive any and all such property as and for security for the payment of such Series of Bonds and the interest and premium, if any, thereon, and to hold and apply all such property subject to the terms hereof, it being expressly understood and agreed that except as otherwise provided herein or in a Supplemental Indenture, the Trust Estate established and held hereunder for Bonds of a Series shall be held separate and in trust solely for the benefit of the Owners of the Bonds of such Series and for no other Series;
TO HAVE AND TO HOLD the Trust Estate, whether now owned or held or hereafter acquired, forever;
IN TRUST NEVERTHELESS, upon the terms and trusts herein set forth
(a) for the equal and proportionate benefit and security of all present and future Owners of the Bonds of a Series, without preference of any Bond of such Series over any other Bond of such Series, (b) for enforcement of the payment of the Bonds of a Series, in accordance with their terms and the terms of this Master Indenture and the Supplemental Indenture authorizing the issuance of such Series of Bonds, and all other sums payable hereunder, under the Supplemental Indenture authorizing such Series of Bonds or on the Bonds of such Series, and (c) for the enforcement of and compliance with the obligations, covenants and conditions of this Master
Indenture except as otherwise expressly provided herein, as if all the Bonds at any time Outstanding (hereinafter defined) had been authenticated, executed and delivered simultaneously with the execution and delivery of this Master Indenture, all as herein set forth.
IT IS HEREBY COVENANTED, DECLARED AND AGREED that (a)
this Master Indenture creates a continuing lien equally and ratably to secure the payment in full of the principal of, premium, if any, and interest on all Bonds of a Series which may from time to time be Outstanding hereunder, except as otherwise expressly provided herein, (b) the Trust Estate shall immediately be subject to the lien of this pledge and assignment without any physical delivery thereof or further act, (c) the lien of this pledge and assignment shall be a first lien and shall be valid and binding against all parties having any claims of any kind in tort, contract or otherwise against the District, irrespective of whether such parties have notice thereof, and (d) the Bonds of a Series are to be issued, authenticated and delivered, and the Trust Estate is to be held, dealt with, and disposed of by the Trustee, upon and subject to the terms, covenants, conditions, uses, agreements and trusts set forth in this Master Indenture and the Supplemental Indenture authorizing the issuance of such Series of Bonds and the District covenants and agrees with the Trustee, for the equal and proportionate benefit of the respective Owners from time to time of the Bonds of each respective Series, as follows:

ARTICLE I DEFINITIONS
Section 101. Meaning of Words and Terms. The following words and terms used in this Master Indenture shall have the following meanings, unless some other meaning is plainly intended:
"Accountant" shall mean the independent certified public accountant or independent certified public accounting firm retained by the District to perform the duties of the Accountant under this Master Indenture.
"Accountant's Certificate" shall mean an opinion signed by an independent certified public accountant or firm of certified public accountants (which may be the Accountant) from time to time selected by the District.
"Accounts" shall mean all accounts created hereunder or pursuant to a Supplemental Indenture, except the Series Rebate Account within the Rebate Fund.
"Accreted Value" shall mean, as of the date of computation with respect to any Capital Appreciation Bonds, an amount (truncated to three (3) decimal places) equal to the original principal amount of such Capital Appreciation Bonds at the date of issuance plus the interest accrued on such Capital Appreciation Bonds from the date of original issuance of such Capital Appreciation Bonds to the date of
computation, such interest to accrue at the rate of interest per annum of the Capital Appreciation Bonds (or in accordance with a table of compound accreted values set forth in such Capital Appreciation Bonds), compounded semi-annually on each Interest Payment Date; provided, however, that if the date with respect to which any such computation is made is not an Interest Payment Date, the Accreted Value of any Capital Appreciation Bond as of such date shall be the amount determined by compounding the Accreted Value of such Capital Appreciation Bond as of the immediately preceding Interest Payment Date (or the date of original issuance if the date of computation is prior to the first Interest Payment Date succeeding the date of original issuance) at the rate of interest per annum of the Capital Appreciation Bonds for the partial semi-annual compounding period determined by dividing (x) the number of days elapsed (determined on the basis of a 360-day year comprised of twelve (12) thirty (30) day months) from the immediately preceding Interest Payment Date (or the date of original issuance if the date of computation is prior to the first Interest Payment Date succeeding the date of original issuance), by
(y) 180. A table of Accreted Values for the Capital Appreciation Bonds shall be incorporated in a Supplemental Indenture executed by the District upon issuance of any Capital Appreciation Bonds.
"Acquisition and Construction Fund" shall mean the fund so designated in, and created pursuant to, Section 502 hereof.
"Act" shall mean Chapter 190, Florida Statutes, as amended from time to
time.
"Additional Bonds" shall mean Bonds ranking on a parity with a Series of
Bonds issued under a Supplemental Indenture, provided that such Supplemental Indenture allows for the issuance of parity Bonds.
"Amortization Installments" shall mean the moneys required to be deposited in a Series Sinking Fund Account within a Series Debt Service Account within the Debt Service Fund for the purpose of redeeming and paying when due any Term Bonds, the specific amounts and dates of such deposits to be set forth in a Supplemental Indenture.
"Assessments" shall mean all assessments levied and collected by or on behalf of the District pursuant to Section 190.022 of the Act, together with the interest specified by resolution adopted by the Governing Body, the interest specified in Chapter 170, Florida Statutes, if any such interest is collected by or on behalf of the Governing Body, and any applicable penalties collected by or on behalf of the District, together with any and all amounts received by the District from the sale of tax certificates or otherwise from the collection of Delinquent Assessments and which are referred to as such and pledged to a Series of Bonds pursuant to the Supplemental Indenture authorizing the issuance of such Series of Bonds. For
purposes hereof, "Assessments" shall not include Operation and Maintenance Assessments.
"Authorized Denomination" shall, except as provided in any Supplemental Indenture relating to a Series of Bonds, mean the denomination of $5,000 or any integral multiple thereof.
"Authorized Officer" shall mean any person authorized by the District in writing directed to the Trustee to perform the act or sign the document in question.
"Beneficial Owners" shall have the meaning given such term by DTC so long as it is the registered Owner through its nominee, Cede & Co., of the Bonds as to which such reference is made to enable such Bonds to be held in book-entry only form, and shall otherwise mean the registered Owner on the registration books of the District maintained by the Bond Registrar.
"Benefit Special Assessments" shall mean benefit special assessments levied and collected in accordance with Section 190.021(2) of the Act, together with any and all amounts received by the District from the sale of tax certificates or otherwise from the collection of Benefit Special Assessments which are not paid in full when due and which are referred to as such and pledged to a Series of Bonds pursuant to the Supplemental Indenture authorizing the issuance of such Series of Bonds.
"Bond Anticipation Notes" shall mean bond anticipation notes issued pursuant to a Supplemental Indenture in anticipation of the sale of an authorized Series of Bonds and in a principal amount not exceeding the principal amount of such anticipated Series of Bonds.
"Bond Counsel" shall mean an attorney or firm of attorneys of nationally recognized standing in the field of law relating to municipal bonds selected by the District.
"Bond Registrar" shall mean the bank or trust company designated as such by Supplemental Indenture with respect to a Series of Bonds for the purpose of maintaining the registration books of the District reflecting the names, addresses, and other identifying information of the Owners of Bonds of such Series.
"Bond Year" shall mean, unless otherwise provided in the Supplemental Indenture authorizing a Series of Bonds, the period commencing on the first day of May in each year and ending on the last day of April of the following year.
"Bonds" shall mean the Outstanding Bonds of all Series.
"Business Day" shall mean any day excluding Saturday, Sunday or any other day on which banks in the cities in which the designated corporate trust office
of the Trustee or the Paying Agent are located are authorized or required by law or other governmental action to close and on which the Trustee or Paying Agent, or both, is closed.
"Capital Appreciation Bonds" shall mean Bonds issued under this Master Indenture and any Supplemental Indenture as to which interest is compounded periodically on each of the applicable periodic dates designated for compounding and payable in an amount equal to the then-current Accreted Value only at the maturity or earlier redemption thereof, all as so designated in a Supplemental Indenture of the District providing for the issuance thereof.
"Capitalized Interest" shall mean, with respect to the interest due or to be due on a Series of Bonds prior to, during and for a period not exceeding one year after the completion of the Series Project to be funded by such Series of Bonds, all or part of such interest which will be paid, or is expected to be paid, from the proceeds of such Series of Bonds.
"Chairman" shall mean the Chairman or Vice Chairman of the Governing Body of the District, or his or her designee, or the person succeeding to his or her principal functions.
"Code" shall mean the Internal Revenue Code of 1986, as amended, or any successor provisions thereto and the regulations promulgated thereunder or under the Internal Revenue Code of 1954, as amended, if applicable, or any successor provisions thereto.
"Completion Bonds" shall mean Bonds issued pursuant to a Supplemental Indenture ranking on a parity with the Series of Bonds issued under such Supplemental Indenture, the proceeds of which are to be used to complete the Series Project.
"Connection Fees" shall mean all fees and charges assessed by the District to users for the actual costs of connecting to a utility system of the District.
"Consulting Engineer" shall mean the independent engineer or engineering firm or corporation employed by the District in connection with any Series Project to perform and carry out the duties of the Consulting Engineer under this Master Indenture or any Supplemental Indenture.
"Continuing Disclosure Agreement" shall mean a Continuing Disclosure Agreement, by and among the District, the dissemination agent named therein, and any other "obligated person" under the Rule, in connection with the issuance of one or more Series of Bonds hereunder, pursuant to the requirements of the Rule.
"Cost" or "Costs" as applied to a Series Project, shall include the cost of acquisition and construction thereof and all obligations and expenses relating
thereto including, but not limited to, those items of cost which are set forth in Section 403 hereof.
"Credit Facility" or "Liquidity Facility" shall mean a letter of credit, a municipal bond insurance policy, a surety bond or other similar agreement issued by a banking institution or other entity satisfactory to the District and providing for the payment of the principal of, interest on or purchase price of a Series of Bonds or any alternate or substitute Credit Facility or Liquidity Facility if then in effect.
"Current Interest Bonds" shall mean Bonds of a Series the interest on which is payable at least annually.
"Date of Completion" with respect to a Series Project shall mean: (a) the date upon which such Project and all components thereof have been acquired or constructed and are capable of performing the functions for which they were intended, as evidenced by a certificate of the Consulting Engineer filed with the Trustee and the District; or (b) the date on which the District determines, upon the recommendation of or in consultation with the Consulting Engineer, that it cannot complete such Project in a sound and economical manner within a reasonable period of time as evidenced by a certificate of the Consulting Engineer of the District filed with the Trustee and the District; provided that in each case such certificate of the Consulting Engineer shall set forth the amount of all Costs of such Project which has theretofore been incurred, but which on the Date of Completion is or will be unpaid or unreimbursed.
"Debt Service" shall mean collectively the principal (including Amortization Installments), interest, and redemption premium, if any, payable with respect to the Bonds.
"Debt Service Fund" shall mean the fund so designated in, and created pursuant to, Section 502 hereof.
"Delinquent Assessments" shall mean, collectively, any and all installments of any Assessments which are not paid when due, including any applicable grace period under State law or District proceedings.
"Depository" shall mean any bank or trust company duly authorized by law to engage in the banking business and designated by the District as a depository of moneys subject to the provisions of this Master Indenture.
"Direct Billed" shall mean Assessments, Benefit Special Assessments or Operation and Maintenance Assessments, as applicable within the context in which such reference is made, which are billed directly by the District rather than collected on the tax bill using the Uniform Method.
"District" shall mean the Wynnfield Lakes Community Development District, a community development district established pursuant to the Act, or any successor thereto which succeeds to the obligations of the District hereunder.
"DTC" shall mean The Depository Trust Company, and its successors and assigns.
"Engineer's Certificate" shall mean a certificate of the Consulting Engineer or of such other engineer or firm of engineers having a favorable repute for skill and experience in the engineering matters with respect to which such certification is required by this Master Indenture.
"Event of Default" shall mean any of the events described in Section 902 hereof.
"Federal Securities" shall mean, to the extent permitted by law for investment as contemplated in this Master Indenture and any Supplemental Indenture, (a) Government Obligations, (b) any Tax-Exempt Obligations which are fully secured as to principal and interest by an irrevocable pledge of Government Obligations, which Government Obligations are segregated in trust and pledged for the benefit of the holders of the Tax-Exempt Obligations, (c) certificates of ownership of the principal or interest of Government Obligations, which Government Obligations are held in trust, and (d) investment agreements at least one hundred percent (100%) collateralized by obligations described in clauses (a), (b) or (c) above.
"Fiscal Year" shall mean the fiscal year of the District in effect from time to time, which shall initially mean the period commencing on the first day of October of any year and ending on the last day of September of the following year.
"Funds" shall mean all funds, except the Rebate Fund, created pursuant to Section 502 hereof.
"Governing Body" shall mean the Board of Supervisors of the District.
"Government Obligations" shall mean direct obligations of, or obligations the payment of which is unconditionally guaranteed by, the United States of America.
"Indenture" shall mean this Master Indenture, as amended and supplemented from time to time by a Supplemental Indenture or indentures and shall mean when used with respect to a Series of Bonds issued hereunder, this Master Indenture, as amended and supplemented by the Supplemental Indenture relating to such Series of Bonds.
"Insurer" shall mean the issuer of any municipal bond insurance policy insuring the timely payment of the principal of and interest on Bonds or any Series of Bonds.
"Interest Payment Date" shall mean the dates specified in a Supplemental Indenture with respect to a Series of Bonds upon which the principal of and/or interest on Bonds of such Series shall be due and payable in each Bond Year.
"Investment Obligations" shall mean and include, except as otherwise provided in the Supplemental Indenture providing for the authorization of Bond Anticipation Notes or Bonds, any of the following securities, if and to the extent that such securities are legal investments for funds of the District;
	a.	Government Obligations;
	b.	Bonds, debentures, notes or other evidences of indebtedness issued by any of the following agencies or such other government-sponsored agencies which may presently exist or be hereafter created; provided that, such bonds, debentures, notes or other evidences of indebtedness are fully guaranteed as to both principal and interest by the Government National Mortgage Association (including participation certificates issued by such association); Fannie Mae (including participation certificates issued by such entity); Federal Home Loan Banks; Federal Farm Credit Banks; Tennessee Valley Authority; Federal Home Loan Mortgage Corporation and repurchase agreements secured by such obligations, which funds are rated in the highest categories for such funds by both Moody's and S&P at the time of purchase;
	c.	Direct and general obligations of any state of the United States, the payment of the principal of and interest on which the full faith and credit of such state is pledged, if at the time of their purchase such obligations are rated in either of the two highest rating categories without regard to gradations within any such categories by either S&P or Moody's;
	d.	Money market deposit accounts, time deposits, and certificates of deposits issued by commercial banks, savings and loan associations or mutual savings banks whose short-term obligations are rated, at the time of purchase, in one of the two highest rating categories, without regard to gradation, by Moody's and S&P;
	e.	Bank or broker repurchase agreements fully secured by securities specified in (a) or (b) above, which may include repurchase agreements with the commercial banking department of the Trustee, provided that such securities are deposited with the Trustee, with a Federal Reserve Bank or with a bank or trust company (other than the seller of such securities) having a combined capital and surplus of not less than $100,000,000;
	f.	A promissory note of a bank holding company rated in either of the two highest rating categories without regard to gradations within any such categories by either S&P or Moody's;
	g.	Any short-term government fund or any money market fund whose assets consist of (a), (b) and (c) above;
	h.	Commercial paper (having maturities of not more than 270 days) rated, at the time of purchase, in one of the two highest rating categories, without regard to gradation, by Moody's and S&P;
	i.	Certificates evidencing a direct ownership interest in non-callable Government Obligations or in future interest or principal payments thereon held in a custody account by a custodian satisfactory to the Trustee;
	j.	Obligations of any state of the United States of America or any political subdivision, public instrumentality or public authority of any such state which are not subject to redemption prior to the date on which the proceeds attributable to the principal of such obligations are to be used and which are fully secured by and payable solely from non-callable Government Obligations held pursuant to an escrow agreement; and
	k.	The Local Government Surplus Funds Trust Fund as described in Section 218.405, Florida Statutes, or the corresponding provisions of subsequent laws.
Under all circumstances, the Trustee shall be entitled to rely on the direction of an Authorized Officer that any investment directed by the District is permitted under the Indenture and is a legal investment for funds of the District.
"Letter of Credit Agreement" shall mean any financing agreement relating to a Credit Facility for so long as such agreement will be in effect.
"Liquidity Agreement" shall mean any financing agreement relating to a Liquidity Facility for so long as such agreement will be in effect.
"Majority Owners" shall mean the Beneficial Owners of more than fifty percent (50%) of the aggregate principal amount of the Bonds of a Series then Outstanding or all of the Bonds then Outstanding, as applicable in the context within which such reference is made.
"Master Indenture" shall mean this Master Trust Indenture, as amended and supplemented from time to time in accordance with the provisions hereof.
"Maturity Amount" shall mean the amount due at maturity with respect to a Capital Appreciation Bond.
"Maximum Annual Debt Service Requirement" shall mean, at any given time of determination, the greatest amount of principal, interest and Amortization Installments coming due in any current or future Bond Year with regard to the Series of Bonds for which such calculation is made; provided, the amount of interest coming due in any Bond Year shall be reduced to the extent moneys derived from the proceeds of Bonds are used to pay interest in such Bond Year.
"Moody's" shall mean Moody's Investors Service, Inc., a corporation organized and existing under the laws of the State of Delaware, its successors and assigns, and, if such corporation is dissolved or liquidated or no longer performs the functions of a securities rating agency, Moody's will be deemed to refer to any other nationally recognized securities rating agency designated by the District by written notice to the Trustee.
"Operation and Maintenance Assessments" shall mean assessments described in Section 190.021(3) or 190.022(1) of the Act, for the maintenance of District facilities or the operations of the District.
"Option Bonds" shall mean Current Interest Bonds, which may be either Serial or Term Bonds, which by their terms may be tendered by and at the option of the Owner for purchase prior to the stated maturity thereof.
"Outstanding" when used with reference to Bonds, shall mean, as of a particular date, all Bonds theretofore authenticated and delivered under this Master Indenture, except:
	a.	Bonds theretofore canceled by the Trustee or delivered to the Trustee for cancellation;
	b.	Bonds (or portions of Bonds) for the payment or redemption of which moneys, equal to the principal amount or Redemption Price thereof, as the case may be, with interest to the date of maturity or redemption date, shall be held in trust under this Master Indenture or Supplemental Indenture with respect to Bonds of any Series and set aside for such payment or redemption (whether at or prior to the maturity or redemption date), provided that if such Bonds (or portions of Bonds) are to be redeemed, notice of such redemption shall have been given or provision satisfactory to the Trustee shall have been made for the giving of such notice as provided in Article III hereof or in the Supplemental Indenture relating to the Bonds of any Series;
	c.	Bonds in lieu of or in substitution for which other Bonds shall have been authenticated and delivered pursuant to this Master Indenture and the Supplemental Indenture with respect to Bonds of a Series unless proof satisfactory to the Trustee is presented that any such Bonds are held by a bona fide purchaser in due course; and
	d.	Bonds paid or deemed to have been paid as provided in this Master Indenture or in a Supplemental Indenture with respect to Bonds of a Series, including Bonds with respect to which payment or provision for payment has been made in accordance with Article XII hereof.
In addition, Bonds actually known by the Trustee to be held by or for the District will not be deemed to be Outstanding for the purposes and within the purview of Article IX and Article XI hereof.
"Owner" or "Owners" shall mean the registered owners from time to time of Bonds.
"Paying Agent" shall mean the bank or trust company designated by Supplemental Indenture with respect to a Series of Bonds as the place where Debt Service shall be payable with respect to such Series of Bonds and which accepts the duties of Paying Agent under this Master Indenture and under such Supplemental Indenture.
"Pledged Funds" shall mean all of the Series Pledged Funds.
"Pledged Revenues" shall mean all of the Series Pledged Revenues.
"Prepayments" shall mean any Assessments or Benefit Special Assessments, or portions thereof, which shall be paid to the District prior to the time such amounts become due, including but not limited to "true-up payments" due as part of the Assessments or an applicable agreement. Interest may be required to be paid with a Prepayment, but for purposes of this definition, Prepayments shall not include any interest paid on such Assessments.
"Property Appraiser" shall mean the Property Appraiser of Duval County, Florida, or the person succeeding to such officer's principal functions.
"Rebate Amount" shall mean the amount, if any, required to be rebated to the United States pursuant to Section 148(f) of the Internal Revenue Code of 1986, as amended, and the regulations and rulings thereunder.
"Rebate Analyst" shall mean the person or firm selected by the District to calculate the Rebate Amount, which person or firm shall have recognized expertise in the calculation of the Rebate Amount.
"Rebate Fund" shall mean the fund so designated in, and created pursuant to, Section 502 hereof.
"Record Date" shall mean the fifteenth (15th) day of the calendar month next preceding any Debt Service payment date or, in the case of any proposed redemption of Bonds, the fifth (5th) day next preceding the date of mailing of notice
of such redemption, or if either of the foregoing days is not a Business Day, then the Business Day immediately preceding such day.
"Redemption Price" shall mean the principal of, premium, if any, and interest accrued to the date fixed for redemption of any Bond called for redemption pursuant to the provisions thereof, hereof and of the Supplemental Indenture pursuant to which such Bond is issued.
"Refunding Bonds" shall mean Bonds issued pursuant to provisions of this Master Indenture, the proceeds of which are used to refund one or more Series of Bonds then Outstanding.
"Reserve Fund" shall mean the fund so designated in, and created pursuant to, Section 502 hereof.
"Revenue Fund" shall mean the fund so designated in, and created pursuant to, Section 502 hereof.
"Rule" shall mean Rule 15c2-12(b)(5) adopted by the Securities and Exchange Commission under the Securities Exchange Act of 1934, as the same may be amended from time to time.
"S&P" shall mean S&P Global Ratings, a business unit of Standard & Poor's Financial Services LLC, a limited liability company organized and existing under the laws of the State of Delaware, its successors and assigns, and, if such entity is dissolved or liquidated or no longer performs the functions of a securities rating agency, S&P will be deemed to refer to any other nationally recognized securities rating agency designated by the District by written notice to the Trustee.
"Secretary" shall mean the Secretary or any Assistant Secretary to the Governing Body, or his or her designee, or the person succeeding to his or her principal functions.
"Serial Bonds" shall mean Bonds (other than Term Bonds) that mature in annual or semi-annual installments.
"Series" shall mean all of the Bonds authenticated and delivered on original issuance of a stipulated aggregate principal amount in a simultaneous transaction under and pursuant to the same Supplemental Indenture and any Bonds thereafter authenticated and delivered in lieu of or in substitution therefor pursuant to this Master Indenture and such Supplemental Indenture regardless of variations in maturity, interest rate or other provisions; provided, however, two or more Series of Bonds may be issued simultaneously under the same Supplemental Indenture if designated as separate Series of Bonds by the District upon original issuance.
"Series Acquisition and Construction Account" shall mean the account within the Acquisition and Construction Fund with respect to a Series of Bonds so designated in, and created pursuant to, a Supplemental Indenture.
"Series Capitalized Interest Account" shall mean the account within a Series Debt Service Account with respect to a Series of Bonds so designated in, and created pursuant to, a Supplemental Indenture.
"Series Costs of Issuance Account" shall mean the account within the Acquisition and Construction Fund with respect to a Series of Bonds so designated in, and created pursuant to, a Supplemental Indenture.
"Series Debt Service Account" shall mean the account within the Debt Service Fund with respect to a Series of Bonds so designated in, and created pursuant to, a Supplemental Indenture.
"Series Interest Account" shall mean the account within a Series Debt Service Account with respect to a Series of Bonds so designated in, and created pursuant to, a Supplemental Indenture.
"Series Optional Redemption Subaccount" shall mean the subaccount within a Series Redemption Account with respect to a Series of Bonds so designated in, and created pursuant to, a Supplemental Indenture.
"Series Pledged Funds" shall mean all amounts on deposit from time to time in the Funds and Accounts and designated in the Supplemental Indenture relating to such Series of Bonds as pledged to the payment of such Series of Bonds; provided, however, such term shall not include any amounts on deposit in a Series Rebate Account in the Rebate Fund.
"Series Pledged Revenues" shall mean the revenues designated as such by Supplemental Indenture and which shall constitute the security for and source of payment of a Series of Bonds and may consist of Assessments, Benefit Special Assessments, Connection Fees or other user fees or other revenues or combinations thereof imposed or levied by the District in accordance with the Act.
"Series Prepayment Subaccount" shall mean the subaccount within a Series Redemption Account with respect to a Series of Bonds so designated in, and created pursuant to, a Supplemental Indenture.
"Series Principal Account" shall mean the account within a Series Debt Service Account with respect to a Series of Bonds so designated in, and created pursuant to, a Supplemental Indenture.
"Series Project" or "Series Projects" shall mean the acquisition, construction, equipping and/or improvement of capital projects to be located within
or without the District for the benefit of the District to be financed with all or a part of the proceeds of a Series of Bonds as shall be described in the Supplemental Indenture authorizing such Series of Bonds.
"Series Rebate Account" shall mean the account within the Rebate Fund with respect to a Series of Bonds so designated in, and created pursuant to, a Supplemental Indenture.
"Series Redemption Account" shall mean the account within a Series Debt Service Account with respect to a Series of Bonds so designated in, and created pursuant to, a Supplemental Indenture.
"Series Reserve Account" shall mean the account within the Reserve Fund with respect to a Series of Bonds so designated in, and created pursuant to, a Supplemental Indenture.
"Series Reserve Account Requirement" shall mean the amount of money or other security which may be in the form of a reserve fund insurance policy or other security as may be required by the terms of a Supplemental Indenture to be deposited in or credited to a Series Reserve Account for a Series of Bonds; provided, however, that unless otherwise provided in the Supplemental Indenture relating to a Series of Bonds, as of any date of calculation for a particular Series Reserve Account, the "Series Reserve Account Requirement" shall be an amount equal to the lesser of (a) the Maximum Annual Debt Service Requirement for all Bonds of such Series then Outstanding, (b) 125% of the average annual debt service for all Bonds of such Series then Outstanding, or (c) the aggregate of ten percent (10%) of the proceeds of the Bonds of such Series calculated as of the date of original issuance thereof. In computing the Series Reserve Account Requirement in respect of any Series of Bonds that constitute Variable Rate Bonds, the interest rate on such Bonds shall be assumed to be the greater of (y) 110% of the daily average interest rate on such Variable Rate Bonds during the twelve (12) months ending with the month preceding the date of calculation, or such shorter period of time that such Series of Bonds shall have been Outstanding, or (z) the actual rate of interest borne by such Variable Rate Bonds on such date of calculation; provided, in no event shall the Series Reserve Account Requirement as adjusted on such date of calculation exceed the lesser of the amounts specified in the immediately preceding sentence. In computing the Series Reserve Account Requirement in accordance with clause (c) of this definition in respect of any Capital Appreciation Bonds, the principal amount of such Bonds shall be the original principal amount thereof, not the Accreted Value. A Supplemental Indenture may provide that the Series Reserve Account Requirement for a Series is zero.
"Series Revenue Account" shall mean the account within the Revenue Fund with respect to a Series of Bonds so designated in, and created pursuant to, a Supplemental Indenture.
"Series Sinking Fund Account" shall mean the account within a Series Debt Service Account with respect to a Series of Bonds so designated in, and created pursuant to, a Supplemental Indenture.
"Series Trust Estate" shall mean the Trust Estate for a Series of Bonds established by Supplemental Indenture for such Series of Bonds.
"State" shall mean the State of Florida.
"Subordinate Debt" shall mean indebtedness secured hereby or by any Supplemental Indenture which is by its terms expressly subordinate and inferior hereto both in lien and right of payment.
"Supplemental Indenture" shall mean an indenture supplemental hereto authorizing the issuance of a Series of Bonds hereunder and establishing the terms thereof and the security therefor and shall also mean any indenture supplementary hereto entered into for the purpose of amending the terms and provisions hereof with respect to all Bonds in accordance with Article XI hereof.
"Tax Collector" shall mean the Tax Collector of Duval County, Florida, or the person succeeding to such officer's principal functions.
"Tax-Exempt Bonds" shall mean Bonds of a Series the interest on which, in the opinion of Bond Counsel on the date of original issuance thereof, is excludable from gross income for federal income tax purposes.
"Tax-Exempt Obligations" shall mean any bond, note or other obligation issued by any person, the interest on which is excludable from gross income for federal income tax purposes.
"Tax Regulatory Covenants" shall mean the covenants of the District necessary for the preservation of the excludability of interest thereon from gross income for federal income tax purposes, as such covenants shall be amended from time to time upon written instructions from Bond Counsel.
"Taxable Bonds" shall mean Bonds of a Series which are not Tax-Exempt Bonds.
"Term Bonds" shall mean Bonds that mature on one date and that are subject to mandatory redemption from Amortization Installments or are subject to extraordinary mandatory or mandatory redemption upon receipt of unscheduled Pledged Revenues.
"Time Deposits" shall mean time deposits, certificates of deposit or similar arrangements with any bank or trust company, including the Trustee or an affiliate thereof, which is a member of the Federal Deposit Insurance Corporation and any
federal or State savings and loan association which is a member of the Federal Deposit Insurance Corporation or its successors and which are secured or insured in the manner required by State law.
"Trust Estate" shall have the meaning ascribed to such term in the granting clauses hereof, including, but not limited to, the Pledged Revenues and Pledged Funds.
"Trustee" shall mean U.S. Bank Trust Company, National Association with its designated office in Fort Lauderdale, Florida and any successor trustee appointed or serving pursuant to Article VI hereof.
"Uniform Method" shall mean the uniform method for the levy, collection and enforcement of Assessments afforded by Sections 197.3631, 197.3632 and 197.3635, Florida Statutes, or any successor statutes.
"Variable Rate Bonds" shall mean Current Interest Bonds, which may be either Serial Bonds or Term Bonds, issued with a variable, adjustable, convertible or other similar interest rate which is not fixed in percentage for the entire term thereof at the date of issue, which Bonds may also be Option Bonds.
Section 102. Rules of Construction. Words of the masculine gender shall be deemed and construed to include correlative words of the feminine and neuter genders. Unless the context shall otherwise indicate, the words "Bond," "Owner," "person," "Paying Agent," and "Bond Registrar" shall include the plural as well as the singular number and the word "person" shall mean any individual, corporation, partnership, joint venture, association, joint stock company, trust, unincorporated organization or government or any agency or political subdivision thereof. All references to Florida Statutes or other provisions of State law shall be deemed to include any and all amendments thereto.

ARTICLE II
FORM, EXECUTION, DELIVERY AND DESIGNATION OF BONDS
Section 201. Issuance of Bonds. For the purpose of providing funds for paying all or part of the Cost of a Series Project, Bonds of a Series, without limitation as to aggregate principal amount, may be issued under this Master Indenture subject to the conditions hereinafter provided in Section 207 hereof. Debt Service on each Series of Bonds shall be payable solely from the Pledged Revenues and Pledged Funds pledged to such Series of Bonds in the Supplemental Indenture authorizing the issuance of such Series of Bonds and, as may be provided in such Supplemental Indenture, all of the provisions of this Master Indenture shall be for the benefit and security of the present and future Owners of such Series of Bonds so issued, without preference, priority or distinction, as to lien or otherwise, of any one Bond of such Series over any other Bond of such Series. The District may also issue
from time to time, Additional Bonds, Completion Bonds and Refunding Bonds of a Series under and pursuant to the terms of the Supplemental Indenture authorizing the issuance of such Series of Bonds.
Section 202. Details of Bonds. Bonds of a Series shall be in such denominations, numbered consecutively, shall bear interest from their date until their payment at rates not exceeding the maximum rate permitted by law, shall be dated, shall be stated to mature in such year or years in accordance with the Act, and shall be subject to redemption prior to their respective maturities, subject to the limitations hereinafter provided, as provided for in the Supplemental Indenture authorizing the issuance of such Series of Bonds. Bonds of a Series may be Current Interest Bonds, Variable Rate Bonds, Capital Appreciation Bonds, Option Bonds or any combination thereof and may be secured by a Credit Facility or Liquidity Facility, all as shall be provided in the Supplemental Indenture authorizing the issuance of such Series of Bonds. Bonds of a Series (or a part of a Series) may be in book-entry form at the option of the District as shall be provided in the Supplemental Indenture authorizing the issuance of such Series of Bonds.
Debt Service shall be payable in any coin or currency of the United States of America which, at the date of payment thereof, is legal tender for the payment of public and private debts. Interest shall be paid to the registered Owner of Bonds at the close of business on the Record Date for such interest; provided, however, that on or after the occurrence and continuance of an Event of Default under clause (a) of Section 902 hereof, the payment of interest and principal or Redemption Price or Amortization Installments pursuant hereto shall be made by the Paying Agent to such person who, on a special record date which is fixed by the Trustee, which shall be not more than fifteen (15) and not less than ten (10) days prior to the date of such proposed payment, appears on the registration books of the Bond Registrar as the registered Owner of a Bond. Any payment of principal, Maturity Amount or Redemption Price shall be made only upon presentation of the Bond at the designated corporate trust office of the Paying Agent in Fort Lauderdale, Florida; provided, however, that presentation shall not be required if the Bonds are in book- entry only form. Payment of interest shall be made by check or draft (or by wire transfer to the registered Owner if such Owner requests such method of payment by delivery of written notice to the Paying Agent prior to the Record Date for the respective interest payment to such account as shall be specified in such request, but only if the registered Owner owns not less than $1,000,000 in aggregate principal amount of the Bonds or, if less than such amount, all of the Bonds then Outstanding). Unless otherwise provided in the Supplemental Indenture authorizing a Series of Bonds, interest on a Series of Bonds will be computed on the basis of a 360-day year of twelve 30-day months.
Section 203.  Execution and Form of Bonds. The Bonds shall be signed by or bear the facsimile signature of the Chairman, shall be attested and countersigned by the Secretary, and the certificate of authentication appearing on
the face of the Bonds shall be signed by the Trustee; provided, however, that each Bond shall be manually signed by either the Chairman, the Secretary or the Trustee. The official seal of the District shall be imprinted or impressed on each Bond. In case any officer whose signature or a facsimile of whose signature appears on any Bond shall cease to be such officer before the delivery of such Bond, such signature or such facsimile shall nevertheless be valid for all purposes the same as if he or she had remained in office until such delivery. Any Bond may bear the facsimile signature of, or may be signed by, such persons as at the actual time of the execution of such Bond shall be proper officers to execute such Bond although at the date of such Bond such persons may not have been such officers. The Bonds, and the provisions for registration and reconversion to be endorsed on such Bonds, shall be substantially in the form set forth in a Supplemental Indenture. The Trustee may appoint one or more authenticating agents.
Section 204. Negotiability, Registration and Transfer of Bonds. The District shall cause books for the registration and for the transfer of the Bonds as provided in this Master Indenture to be kept by the Bond Registrar. All Bonds shall be registered as to both principal and interest. Any Bond may be transferred only upon an assignment duly executed by the registered Owner or his attorney or legal representative in such form as shall be satisfactory to the Bond Registrar, such transfer to be made on such books and endorsed on the Bond by the Bond Registrar. No charge shall be made to any Owner for registration and transfer as hereinabove provided, but any Owner requesting any such registration or transfer shall pay any tax or other governmental charge required to be paid with respect thereto. The Bond Registrar shall not be required to transfer any Bond during the period between the Record Date and the Interest Payment Date next succeeding the Record Date of such Bond, during the period between the Record Date for the mailing of a notice of redemption and the date of such mailing, nor after such Bond has been selected for redemption. The Bonds shall be and have all the qualities and incidents of negotiable instruments under the laws of the State, and each successive Owner, in accepting any of the Bonds, shall be conclusively deemed to have agreed that such Bonds shall be and have all of the qualities and incidents of negotiable instruments under the laws of the State.
Section 205. Ownership of Bonds. The person in whose name any Bond shall be registered shall be deemed the absolute Owner thereof for all purposes, and payment of Debt Service shall be made only to or upon the order of the registered Owner thereof or his attorney or legal representative as herein provided. All such payments shall be valid and effectual to satisfy and discharge the liability upon such Bond to the extent of the sum or sums so paid. The Trustee, the District, the Bond Registrar and the Paying Agent may deem and treat the registered Owner of any Bond as the absolute Owner of such Bond, whether such Bond shall be overdue or not, for the purpose of receiving payment thereof and for all other purposes whatsoever, and neither the Trustee, the District, the Bond Registrar nor the Paying Agent shall be affected by any notice to the contrary.
Section 206. Special Obligations. Each Series of Bonds shall be a special and direct obligation of the District. Neither the Bonds nor the interest and premium, if any, payable thereon shall constitute a general obligation or general indebtedness of the District within the meaning of the Constitution and laws of the State. The Bonds and the interest and premium, if any, payable thereon do not constitute either a pledge of the full faith and credit of the District or a lien upon any property of the District other than as provided herein or in the Supplemental Indenture authorizing the issuance of such Series of Bonds. No Owner or any other person shall ever have the right to compel the exercise of any ad valorem taxing power of the District or any other public authority or governmental body to pay Debt Service or to pay any other amounts required to be paid pursuant to this Master Indenture, any Supplemental Indenture, or the Bonds. Rather, Debt Service and any other amounts required to be paid pursuant to this Master Indenture, any Supplemental Indenture, or the Bonds, shall be payable solely from, and shall be secured solely by, the Series Pledged Revenues and the Series Pledged Funds pledged to such Series of Bonds, all as provided herein and in such Supplemental Indenture.
Section 207.	Authorization of Bonds.
	a.	There shall be issued from time to time in Series, under and secured by this Master Indenture, Bonds without limitation as to aggregate principal amount for the purposes of:
	i.	paying all or part of the Cost of a Series Project or Series Projects or refunding a Series of Bonds or any portion thereof then Outstanding; and
	ii.	depositing the Series Reserve Account Requirement to the Series Reserve Account for such Series of Bonds.
	b.	Each Series of Bonds, upon initial issuance thereof, shall be executed by the District for delivery to the Trustee and thereupon shall be authenticated by the Trustee and delivered to the District or upon its order, but only upon the further receipt by the Trustee of the following:
	i.	an executed and attested original or certified copy of this Master Indenture;
	ii.	an executed and attested original or certified copy of the Supplemental Indenture fixing the amount of and security for the Series of Bonds authorized to be issued thereby and establishing, among other things, the dates on which, and the amounts in which, such Series of Bonds will mature (provided that the final maturity date of such Series of Bonds shall be not later than permitted by the Act with respect to such Series of Bonds), designating the Paying Agent and Bond Registrar, fixing the Amortization
Installments, if any, for the Term Bonds of such Series, awarding the Series of Bonds, specifying the interest rates or the method for calculating such interest rates with respect to such Series of Bonds, specifying the redemption provisions and prices thereupon, specifying other details of such Series of Bonds, and directing the delivery of such Series of Bonds to or upon the order of the initial purchaser thereof upon payment of the purchase price therefor set forth in such Supplemental Indenture;
	i.	an opinion of counsel for the District substantially to the effect that the signer is of the opinion that this Master Indenture and the Supplemental Indenture relating to such Series of Bonds have been duly and validly authorized in accordance with the terms hereof and of the Act, and have been duly approved and adopted, that the issuance of such Series of Bonds has been duly authorized, and that this Master Indenture and the Supplemental Indenture (assuming due authorization, execution, and delivery by any parties thereto other than the District) constitute binding obligations of the District, enforceable against the District in accordance with their terms except as enforcement thereof may be affected by bankruptcy and other similar laws relating to creditor's rights generally; and
	ii.	an opinion of Bond Counsel for the District substantially to the effect that the signer is of the opinion that the Bonds of such Series are valid, binding and enforceable obligations of the District and, if such Series of Bonds are Tax-Exempt Bonds, that interest thereon is excludable from gross income of the Owners under the income tax laws of the United States in effect on the date such Series of Bonds are delivered to the initial purchasers.
Execution of a Series of Bonds by the District shall be conclusive evidence of satisfaction of the conditions precedent set forth in this Section 207(b) as to the District and payment to the Trustee of the initial purchase price for a Series of Bonds shall be conclusive evidence of satisfaction of the conditions precedent set forth in this Section 207(b) as to the underwriter of such Series of Bonds.
The Trustee shall be provided with reliance letters with respect to the opinions required in paragraphs (iii) and (iv) above. When the documents mentioned in subsections (i) through (iv) above shall have been received, and when the Bonds of such Series shall have been executed and authenticated as required by this Master Indenture, such Series of Bonds shall be delivered to, or upon the order of, the District, but only upon payment to the Trustee of the purchase price of such Series of Bonds, together with accrued interest, if any, thereon as set forth in a certificate of delivery and payment executed by the Chairman of the District.
	a.	To the extent not set forth in the Supplemental Indenture authorizing the issuance of a Series of Bonds, the proceeds (including accrued interest and any
premium) of each Series of Bonds shall be applied as soon as practicable upon delivery thereof to the Trustee as follows:
	i.	the amount received as accrued interest on the Bonds, if any, shall be deposited to the credit of the Series Interest Account and Capitalized Interest, if any, shall be deposited to the credit of the Series Capitalized Interest Account;
	ii.	an amount equal to the Series Reserve Account Requirement, if applicable, or the initial cost of satisfying the Series Reserve Account Requirement if not satisfied by the deposit of cash, shall be deposited to the credit of the Series Reserve Account; and
	iii.	the balance shall be deposited and applied as provided for in the Supplemental Indenture authorizing the issuance of such Series of Bonds.
Section 208. Mutilated, Destroyed or Lost Bonds. If any Bonds become mutilated, destroyed or lost, the District may cause to be executed and delivered a new Bond in substitution therefor upon the cancellation of such mutilated Bond or in lieu of and in substitution for such Bond destroyed or lost, and upon payment by the Owner of the reasonable expenses and charges of the District and the Trustee in connection therewith and, in the case of a Bond destroyed or lost, upon the Owner filing with the Trustee evidence satisfactory to it that such Bond was destroyed or lost and of his or her ownership thereof, and upon furnishing the District and the Trustee with indemnity satisfactory to them.
Section 209.  Parity Obligations Under Credit Agreements. As may be provided for or required in any Supplemental Indenture, the District may incur financial obligations under a Letter of Credit Agreement or a Liquidity Agreement payable on parity with respect to the lien on the Trust Estate pledged to a Series of Bonds issued under this Master Indenture and a Supplemental Indenture, without meeting any financial test or requirement set forth in this Master Indenture or the corresponding Supplemental Indenture, but only if the Letter of Credit Agreement or Liquidity Agreement supports a related Series of Bonds then being issued which does meet such tests or requirements.
Section 210. Bond Anticipation Notes. Whenever the District shall authorize the issuance of a Series of Bonds, the District may by resolution authorize the issuance of Bond Anticipation Notes in anticipation of the sale of such authorized Series of Bonds in a principal amount not exceeding the principal amount of such Series of Bonds. The aggregate principal amount of Bonds of such Series and all other Bonds previously authenticated and delivered to pay the Cost of the Series Project or Series Projects for which the proceeds of the Bond Anticipation Notes will be applied shall not exceed such Cost. The interest on such Bond Anticipation Notes may be payable out of the related Series Interest Account to the
extent provided in the resolution of the District authorizing such Bond Anticipation Notes. The principal of and interest on such Bond Anticipation Notes and renewals thereof shall be payable from any moneys of the District available therefor or from the proceeds of the sale of the Series of Bonds in anticipation of which such Bond Anticipation Notes are issued. The proceeds of sale of Bond Anticipation Notes shall be applied to the purposes for which the Bonds anticipated by such Bond Anticipation Notes are authorized and shall be deposited in the appropriate Fund or Account established by the Indenture for such purposes; provided, however, that the resolution or resolutions authorizing such Bond Anticipation Notes may provide for the payment of interest on such Bond Anticipation Notes from the proceeds of sale of such Bond Anticipation Notes and for the deposit in the related Series Capitalized Interest Account. In the event that the District adopts a resolution authorizing the issuance of Bond Anticipation Notes, the District will promptly furnish to the Trustee a copy of such resolution, certified by an Authorized Officer, together with such information with respect to such Bond Anticipation Notes as the Trustee may reasonably request, including, without limitation, information as to the paying agent or agents for such Bond Anticipation Notes. The Trustee shall have no duties or obligations to the holders of such Bond Anticipation Notes unless specifically so authorized by the resolution of the District authorizing the issuance of such Bond Anticipation Notes and unless the Trustee accepts in writing such duties and obligations.
Section 211. Tax Status of Bonds. Any Series of Bonds issued under this Master Indenture may be issued either as Tax-Exempt Bonds or Taxable Bonds. The intended tax status of any Series of Bonds to be issued may be referenced in any Supplemental Indenture authorizing the issuance of such Series of Bonds.

ARTICLE III REDEMPTION OF BONDS
Section 301. Redemption Generally. The Bonds of any Series shall be subject to redemption, either in whole on any date or in part on any Interest Payment Date, and at such times, in the manner and at such prices, as may be provided by the Supplemental Indenture authorizing the issuance of such Series of Bonds. The District shall provide written notice to the Trustee of any optional redemption on or before the forty-fifth (45th) day next preceding the date to be fixed for such optional redemption. Notwithstanding any other provision of this Master Indenture, notice of optional redemption may be conditioned upon the occurrence or non-occurrence of such event or events or upon the later deposit of moneys therefor as shall be specified in such notice of optional redemption and may also be subject to rescission by the District if expressly set forth in such notice.
Unless otherwise provided in the Supplemental Indenture relating to a Series of Bonds, if less than all of the Bonds of a Series shall be called for redemption, the particular Bonds of such Series to be redeemed shall be selected by lot in such
reasonable manner as the Bond Registrar in its discretion may determine. The portion of any Series of Bonds to be redeemed shall be in an Authorized Denomination and, in selecting the Bonds of such Series to be redeemed, the Bond Registrar shall treat each such Bond as representing that number of Bonds of such Series which is obtained by dividing the principal amount of such Bond by an Authorized Denomination (such amount being hereinafter referred to as the "unit of principal amount").
If it is determined that one or more, but not all, of the units of principal amount represented by any such Bond is to be called for redemption, then upon notice of intention to redeem such unit or units of principal amount as provided below, the registered Owner of such Bond, upon surrender of such Bond to the Paying Agent for payment to such registered Owner of the redemption price of the unit or units of principal amount called for redemption, shall be entitled to receive a new Bond or Bonds of such Series in the aggregate principal amount of the unredeemed balance of the principal amount of such Bond. New Bonds of such Series representing the unredeemed balance of the principal amount shall be issued to the Owner thereof without any charge therefor. If the Owner of any Bond of a denomination greater than the unit of principal amount to be redeemed shall fail to present such Bond to the Paying Agent for payment in exchange as aforesaid, such Bond shall, nevertheless, become due and payable on the date fixed for redemption to the extent of the unit or units of principal amount called for redemption.
Subject to the provisions of Section 506(b) hereof, the District may purchase a Bond or Bonds of a Series in the open market at a price no higher than the highest Redemption Price (including premium) for the Bond to be so purchased with any funds legally available therefor and any such Bonds so purchased shall be credited to the amounts otherwise required to be deposited for the payment of Bonds of such Series as provided in Section 506(b) hereof or as otherwise provided in the Supplemental Indenture relating to such Series of Bonds.
Section 302. Notice of Redemption; Procedure for Selection. The District shall establish each redemption date, other than in the case of a mandatory redemption, in which case the Trustee shall establish the redemption date, and the District or the Trustee, as the case may be, shall notify the Bond Registrar in writing of such redemption date on or before the forty-fifth (45th) day next preceding the date fixed for redemption, which notice shall set forth the terms of the redemption and the aggregate principal amount of Bonds to be redeemed. Except as otherwise provided herein, notice of redemption shall be given by the Bond Registrar not less than thirty (30) nor more than forty-five (45) days prior to the date fixed for redemption by first-class mail, postage prepaid, to any Paying Agent for the Bonds to be redeemed and to the registered Owner of each Bond to be redeemed, at the address of such registered Owner on the registration books maintained by the Bond Registrar (and, for any Owner of $1,000,000 or more in principal amount of Bonds, to one additional address if written request therefor is
provided to the Bond Registrar prior to the Record Date); and a second notice of redemption shall be sent by registered or certified mail at such address to any Owner who has not submitted his Bond to the Paying Agent for payment on or before the date sixty (60) days following the date fixed for redemption of such Bond, in each case stating: (a) the numbers of the Bonds to be redeemed, by giving the individual certificate number of each Bond to be redeemed (or stating that all Bonds between two stated certificate numbers, both inclusive, are to be redeemed or that all of the Bonds of one or more maturities have been called for redemption); (b) the CUSIP numbers of all Bonds being redeemed; (c) in the case of a partial redemption of Bonds, the principal amount of each Bond being redeemed; (d) the date of issue of each Bond as originally issued and the complete official name of the Bonds including the Series designation; (e) the rate or rates of interest borne by each Bond being redeemed; (f) the maturity date of each Bond being redeemed; (g) the place or places where amounts due upon such redemption will be payable; and (h) the notice date, redemption date, and Redemption Price. The notice shall require that such Bonds be surrendered at the designated corporate trust office of the Paying Agent for redemption at the Redemption Price and shall state that further interest on such Bonds will not accrue from and after the redemption date; provided, however, that such presentation shall not be required while such Bonds are registered in book- entry only format. CUSIP number identification with appropriate dollar amounts for each CUSIP number also shall accompany all redemption payments.
Any required notice or redemption shall also be sent by registered mail, overnight delivery service, telecopy or other secure means, postage prepaid, to any Owner of $1,000,000 or more in aggregate principal amount of Bonds to be redeemed, to certain municipal registered securities depositories in accordance with the then-current guidelines of the Securities and Exchange Commission, which are known to the Bond Registrar to be holding Bonds thirty-two (32) days prior to the redemption date and to at least two of the national information services that disseminate securities redemption notices in accordance with the then-current guidelines of the Securities and Exchange Commission, when possible, at least thirty (30) days prior to the redemption date; provided that neither failure to send or receive any such notice nor any defect in any notice so mailed shall affect the sufficiency of the proceedings for the redemption of such Bonds.
Failure to give notice by mailing to the Owner of any Bond designated for redemption or to any depository or information service shall not affect the validity of the proceedings for the redemption of any other Bond.
Section 303.  Effect of Calling for Redemption. On the date designated for redemption of any Bonds, notice having been filed and mailed in the manner provided above, the Bonds called for redemption shall be due and payable at the Redemption Price provided for the redemption of such Bonds on such date and, moneys for payment of the Redemption Price being held in a separate account by the Paying Agent in trust for the Owners of the Bonds to be redeemed, interest on
the Bonds called for redemption shall cease to be entitled to any benefit under this Master Indenture, and the Owners of such Bonds shall have no rights in respect thereof, except to receive payment of the Redemption Price thereof, and interest, if any, accrued thereon to the redemption date, and such Bonds shall no longer be deemed to be Outstanding.
Section 304. Cancellation. Bonds called for redemption shall be canceled upon the surrender thereof pursuant to the provisions of Section 511 hereof.

ARTICLE IV
ACQUISITION AND CONSTRUCTION FUND
Section 401. Acquisition and Construction Fund. There is created and established by Section 502 hereof a fund designated as the "Acquisition and Construction Fund" which shall be held by the Trustee and there shall be deposited to the credit of the Series Acquisition and Construction Accounts the amounts specified in the Supplemental Indenture relating to such Series of Bonds.
Section 402. Payments from Acquisition and Construction Fund. Payments of the Cost of constructing and acquiring a Series Project shall be made from the Acquisition and Construction Fund as herein provided. All such payments shall be subject to the provisions and restrictions set forth in this Article IV and in Article V hereof, and the District covenants that it will not request any sums to be paid from the Acquisition and Construction Fund except in accordance with such provisions and restrictions. Moneys in the Acquisition and Construction Fund shall be disbursed by check, voucher, order, draft, certificate or warrant signed by any one or more officers or employees of the Trustee legally authorized to sign such items or by wire transfer to an account specified by the payee upon satisfaction of the conditions for disbursement set forth in Section 503(b) hereof.
Section 403. Cost of a Series Project. For the purposes of this Master Indenture, the Cost of a Series Project shall include, without intending thereby to limit or to restrict or expand any proper definition of such cost under the Act, other applicable provisions of State law, or this Master Indenture, the following:
	a.	Expenses of Bond Issuance. All expenses and fees relating to the issuance of the Bonds, including, but not limited to, initial Credit Facility or Liquidity Facility fees and costs, attorneys' fees, underwriting fees and discounts, the Trustee's acceptance fees and costs, Trustee's counsel fees and costs, rating agency fees, fees of financial advisors, engineer's fees and costs, administrative expenses of the District, the costs of preparing audits and engineering reports, the costs of preparing reports, surveys, and studies, and the costs of printing the Bonds and preliminary and final disclosure documents.
	b.	Accrued and Capitalized Interest. Any interest accruing on the Bonds from their date through the first Interest Payment Date received from the proceeds of the Bonds (to be deposited into the related Series Interest Account) and Capitalized Interest (to be deposited into the related Series Capitalized Interest Account) as may be authorized or provided for by a Supplemental Indenture related to a Series of Bonds. Notwithstanding the deposit of Capitalized Interest into the related Series Capitalized Interest Account, Capitalized Interest shall also include any amount directed by the District to the Trustee in writing to be withdrawn from the related Series Acquisition and Construction Account and deposited into such Series Capitalized Interest Account, provided that such direction includes a certification that such amount represents earnings on amounts on deposit in the related Series Acquisition and Construction Account and that, after such deposit, the amount on deposit in such Series Acquisition and Construction Account, together with earnings thereon, will be sufficient to pay for the remaining Costs of the related Series Project which are to be funded from such Series Acquisition and Construction Account.
	c.	Acquisition Expenses. The costs of acquiring, by purchase or condemnation, all of the land, structures, improvements, rights-of-way, franchises, easements, plans and specifications and similar items and other interests in property, whether real or personal, tangible or intangible, which themselves constitute a Series Project or which are necessary or convenient to acquire, install and construct a Series Project and payments, contributions, dedications, taxes, assessments or permit fees or costs and any other exactions required as a condition to receive any government approval or permit necessary to accomplish any District purpose.
	d.	Construction Expense. All costs incurred, including interest charges, for labor and materials, including equipment, machinery and fixtures, by contractors, builders, and materialmen in connection with the acquisition, installation and construction of a Series Project, and including without limitation costs incident to the award of contracts.
	e.	Other Professional Fees and Miscellaneous Expenses.
	i.	All legal, architectural, engineering, survey, and consulting fees, as well as all financing charges, taxes, insurance premiums, and miscellaneous expenses, not specifically referred to in this Master Indenture that are incurred in connection with the acquisition and construction of a Series Project.
	ii.	Expenses of determining the feasibility or practicality of acquisition, construction, installation, or reconstruction of a Series Project.
	iii.	Costs of surveys, estimates, plans and specifications.
	iv.	Costs of improvements.
	v.	Financing charges.
	vi.	Creation of initial reserve and debt service funds.
	vii.	Working capital.
	viii.	Amounts to repay Bond Anticipation Notes or loans made to finance any costs permitted under the Act.
	ix.	Costs incurred to enforce remedies against contractors, subcontractors, any provider of labor, material, services or any other person for a default or breach under the corresponding contract, or in connection with any dispute.
	x.	Premiums for contract bonds and insurance during construction and costs on account of personal injuries and property damage in the course of construction and insurance against the same.
	xi.	Expenses of management and supervision of a Series Project.
	xii.	Costs of effecting compliance with any and all governmental permits relating to a Series Project.
	xiii.	Payments, contributions, dedications, fair share or concurrency obligations and any other exactions as a condition to receive any government approval or permit necessary to accomplish any District purpose (including but not limited to impact fees, utility connection fees, school concurrency fees, etc.).
	xiv.	Any other "cost" or expense as provided by the Act.
	f.	Refinancing Costs. All costs described in (a) through (e) above or otherwise permitted by the Act associated with refinancing or repaying any loan or other debt obligation of the District.
Section 404. Disposition of Balances in Acquisition and Construction Fund. On the Date of Completion of a Series Project, the balance in the related Series Acquisition and Construction Account not reserved for the payment of any remaining part of the Cost of the Series Project shall be transferred by the Trustee to the credit of the Series Prepayment Subaccount in the Series Redemption Account, or as otherwise provided in the Supplemental Indenture, and used for the purposes set forth for such Subaccount in the Supplemental Indenture relating to such Series of Bonds.
ARTICLE V
ESTABLISHMENT OF FUNDS AND APPLICATION THEREOF
Section 501. Lien. There is hereby irrevocably pledged for the payment of the Bonds of each Series issued hereunder, subject only to the provisions of this Master Indenture and any Supplemental Indenture permitting the application thereof for the purposes and on the terms and conditions set forth in this Master Indenture and any such Supplemental Indenture with respect to each Series of Bonds, the Trust Estate; provided, however, that unless otherwise specifically provided herein or in a Supplemental Indenture relating to a Series of Bonds with respect to the Series Trust Estate securing such Series of Bonds, the Pledged Funds and Pledged Revenues securing a Series of Bonds shall secure only such Series of Bonds and shall not secure any other Bonds or Series of Bonds.
The foregoing pledge shall be valid and binding from and after the date of initial delivery of the Bonds and the proceeds of sale of the Bonds and all the moneys, securities and funds set forth in this Section 501 shall immediately be subject to the lien of the foregoing pledge, which lien is hereby created, without any physical delivery thereof or further act. Such lien shall be valid and binding as against all parties having claims of any kind in tort, contract or otherwise against the District or the Trustee, irrespective of whether such parties have notice thereof. Such lien shall be prior and superior to all other liens now existing or hereafter created.
Section 502. Establishment of Funds. The following funds are hereby established and shall be held by the Trustee:
	a.	Acquisition and Construction Fund, and within such Fund there may be established by Supplemental Indenture authorizing a Series of Bonds a separate Series Acquisition and Construction Account and a separate Series Costs of Issuance Account for each Series of Bonds issued hereunder;
	b.	Revenue Fund, and within such Fund there may be established by Supplemental Indenture authorizing a Series of Bonds a separate Series Revenue Account for each Series of Bonds issued hereunder;
	c.	Debt Service Fund, and within such Fund there may be established by Supplemental Indenture authorizing a Series of Bonds,
	i.	a Series Debt Service Account, and therein a Series Interest Account, a Series Principal Account, a Series Sinking Fund Account and a Series Capitalized Interest Account, and
	ii.	a Series Redemption Account and therein a Series Prepayment Subaccount and a Series Optional Redemption Subaccount,
for each such Series of Bonds issued hereunder;
	a.	Reserve Fund, and within such Fund there may be established by Supplemental Indenture authorizing a Series of Bonds a separate Series Reserve Account for each such Series of Bonds issued hereunder and any Bonds issued on a parity with any such Series of Bonds hereunder; and
	b.	Rebate Fund, and within such Fund there may be established by Supplemental Indenture authorizing a Series of Bonds a separate Series Rebate Account for each such Series of Tax-Exempt Bonds issued hereunder.
Notwithstanding the foregoing, the Supplemental Indenture authorizing any Series of Bonds may establish such other Accounts or dispense with the Accounts set forth above as shall be deemed advisable by the District in connection with such Series of Bonds.
Section 503.	Acquisition and Construction Fund.
	a.	Deposits. The District shall pay to the Trustee, for deposit into the related Series Acquisition and Construction Account in the Acquisition and Construction Fund, as promptly as practicable, the following amounts received by it:
	i.	the amount set forth in the Supplemental Indenture relating to such Series of Bonds;
	ii.	subject to Section 806 hereof, payments made to the District from the sale, lease or other disposition of the Series Project or any portion thereof;
	iii.	the balance of insurance proceeds with respect to the loss or destruction of the Series Project or any portion thereof;
	iv.	amounts received from a governmental entity pursuant to an interlocal agreement or other similar agreement between the District and such governmental entity providing for the payment by such governmental entity of a portion of the Costs of a Series Project;
	v.	amounts received from impact fee credits and/or utility connection fee credits related to the Series Project; and
	vi.	such other amounts as may be provided in a Supplemental Indenture.
Amounts in such Series Acquisition and Construction Account shall be applied to the Cost of the Series Project.
	a.	Disbursements. Unless otherwise provided in the Supplemental Indenture authorizing the issuance of such Series of Bonds, payments from a Series Acquisition and Construction Account shall be paid in accordance with the provisions of this subsection (b). Before any such payment shall be made, the District shall file with the Trustee a requisition in the form of Exhibit A attached hereto, signed by an Authorized Officer.
Upon receipt of each such requisition and accompanying certificate, the Trustee shall promptly withdraw from the Series Acquisition and Construction Account and pay to the person, firm or corporation named in such requisition the amount designated in such requisition. The Trustee shall have no duty to investigate either the accuracy or validity of the items delivered pursuant to this Section 503(b) or whether such amount is properly payable hereunder or under the Supplemental Indenture for such Series of Bonds.
	a.	Inspection. All requisitions and certificates received by the Trustee pursuant to this Article V shall be retained in the possession of the Trustee, subject at all reasonable times to the inspection of the District, the Consulting Engineer, the Owner of at least twenty-five percent (25%) in principal amount of any Outstanding Bonds of the related Series, and the agents and representatives thereof.
	b.	Completion of Series Project. On the Date of Completion of a Series Project, the balance in the related Series Acquisition and Construction Account not reserved by the District for the payment of any remaining part of the Cost of acquiring or constructing the Series Project shall be applied in accordance with the provisions of Section 404 hereof. The Trustee shall have no duty to determine whether the Date of Completion has occurred and the Trustee shall not be deemed to have knowledge that the Date of Completion has occurred until the Trustee has received the certificate of the Consulting Engineer establishing such Date of Completion as specified in the definition of Date of Completion in Section 101 hereof.
Section 504. Revenue Fund. The District hereby covenants and agrees that it will assess, impose, establish and collect the Pledged Revenues with respect to each Series of Bonds in amounts and at times sufficient to pay, when due, the principal of, premium, if any, and interest on such Series of Bonds. The District hereby covenants and agrees to immediately deposit upon receipt all such Pledged Revenues with the Trustee (including Prepayments, which shall be identified as such by the District at the time of deposit with the Trustee), and the Trustee shall immediately deposit all such Pledged Revenues, when received, into the related Series Revenue Account and immediately deposit all Prepayments, when received, into the related Series Prepayment Subaccount in the Series Redemption Account, unless otherwise provided for in the Supplemental Indenture relating to a Series of Bonds.
Section 505.	Debt Service Fund.
	a.	Principal, Maturity Amount, Interest and Amortization Installments. Except as otherwise provided in a Supplemental Indenture, on the Business Day preceding each Interest Payment Date on the Bonds, the Trustee shall withdraw from the Series Revenue Account and, from the amount so withdrawn, shall make the following deposits in the following order of priority:
	i.	to the related Series Interest Account, an amount which, together with other amounts, if any, then on deposit therein, will equal the amount of interest payable on the Bonds of such Series on such Interest Payment Date;
	ii.	to the related Series Principal Account, an amount which, together with other amounts, if any, then on deposit therein, will equal the principal amount, if any, payable with respect to Serial Bonds of such Series on such Interest Payment Date;
	iii.	in each Bond Year in which Term Bonds of such Series are subject to mandatory redemption from Amortization Installments, to the related Series Sinking Fund Account, an amount which, together with other amounts, if any, then on deposit therein, will equal the Amortization Installment payable on the Term Bonds of such Series on such Interest Payment Date;
	iv.	in each Bond Year in which Capital Appreciation Bonds of such Series mature, to the related Series Principal Account, an amount which, together with other amounts, if any, then on deposit therein, will equal the Maturity Amount payable with respect to the Capital Appreciation Bonds of such Series maturing on such Interest Payment Date;
	v.	to the Series Reserve Account, an amount, if any, which, together with other amounts, if any, then on deposit therein, will equal the Series Reserve Account Requirement; and
	vi.	to the Series Rebate Account, the Rebate Amount, if any, required to be deposited therein pursuant to the Supplemental Indenture related to a Series of Tax-Exempt Bonds.
Notwithstanding the foregoing, so long as there are moneys on deposit in the related Series Capitalized Interest Account on the date required for any transfer into the Series Interest Account as set forth above, the Trustee shall, prior to making any transfer into the related Series Interest Account from the related Series Revenue Account, transfer to the related Series Interest Account from the related Series Capitalized Interest Account, the lesser of the interest on such Series of
Bonds coming due on the next succeeding Interest Payment Date or the amount remaining on deposit in the related Series Capitalized Interest Account.
	a.	Disposition of Remaining Amounts on Deposit in Series Revenue Account. The District shall authorize the withdrawal, from time to time, from the Series Revenue Account an amount sufficient to pay the fees and charges of the Trustee, Bond Registrar, and Paying Agent, when due. Subject to the provisions of Section 604 hereof, if (i) the amount on deposit in the Series Interest Account, Series Principal Account, Series Sinking Fund Account and Series Redemption Account in each Bond Year equals the interest payable on the Bonds of such Series in such Bond Year, the principal amount of all Serial Bonds payable in such Bond Year, the Maturity Amount of all Capital Appreciation Bonds due in such Bond Year and the Amortization Installments required to be paid in such Bond Year, and
(ii) any amounts remain in the Series Revenue Account on November 2 of such Bond Year, then such amounts shall, at the written direction of the District, be applied to pay the commissions, fees, costs and any other charges of the Tax Collector and the Property Appraiser or, if such commissions, fees, costs, or other charges have been paid by the District, then to reimburse the District for such payment upon written request of an Authorized Officer. If, after such amounts have been withdrawn, paid and provided for as provided above, any amounts remain in the Series Revenue Account, such amounts shall be disbursed to the District on written request of an Authorized Officer and applied to pay the operating and administrative costs and expenses of the District. After making the payments provided for in this subsection (b), the balance, if any, remaining in the Series Revenue Account shall be retained therein or, at the written direction of an Authorized Officer to the Trustee, transferred into the Series Prepayment Subaccount of the Series Redemption Account. Upon the occurrence and continuance of an Event of Default hereunder, the foregoing transfer to the Series Prepayment Subaccount shall not be made.
	a.	Series Reserve Account. Except as otherwise provided for herein or in a Supplemental Indenture, moneys held for the credit of a Series Reserve Account shall be used for the purpose of paying interest or principal or Amortization Installment or Maturity Amount on the Bonds of the related Series whenever amounts on deposit in the Series Debt Service Account shall be insufficient for such purpose.
	b.	Series Debt Service Account. Moneys held for the credit of a Series Interest Account, Series Principal Account and Series Sinking Fund Account in a Series Debt Service Account shall be withdrawn therefrom by the Trustee and transferred by the Trustee to the Paying Agent in amounts and at times sufficient to pay, when due, the interest on the Bonds of such Series, the principal of Serial Bonds of such Series, the Maturity Amount of Capital Appreciation Bonds of such Series and the Amortization Installments of Term Bonds of such Series, as the case may be.
	c.	Series Redemption Account. Moneys representing Prepayments on deposit in a Series Prepayment Subaccount to the full extent of a multiple of an Authorized Denomination shall, unless otherwise provided in the Supplemental Indenture relating to such Series of Bonds, be used by the Trustee to redeem Bonds of such Series on the earliest date on which such Bonds are permitted to be called without payment of premium by the terms hereof (including extraordinary mandatory redemption) and of the Supplemental Indenture relating to such Series of Bonds. Such redemption shall be made pursuant to the provisions of Article III hereof. The District shall pay all expenses incurred by the Trustee and Paying Agent in connection with such redemption. Moneys other than from Prepayments shall be held and applied in a Series Redemption Account as provided in Section 506(a) hereof.
	d.	Payment to the District. When no Bonds of a Series remain Outstanding, and after all expenses and charges herein and in the related Supplemental Indenture required to be paid have been paid as certified to the Trustee in writing by an Authorized Officer, and after all amounts due and owing to the Trustee have been paid in full, the Trustee shall pay any balance in the Accounts for such Series of Bonds to the District upon the written direction of an Authorized Officer, free and clear of any lien and pledge created by this Master Indenture; provided, however, that if an Event of Default has occurred and is continuing in the payment of the principal or Maturity Amount of, or interest or premium on the Bonds of any other Series, the Trustee shall pay over and apply any such excess pro rata (based upon the ratio of the aggregate principal amount of such Series of Bonds to the aggregate principal amount of all Series of Bonds then Outstanding and for which such an Event of Default has occurred and is continuing) to each other Series of Bonds for which such an Event of Default has occurred and is continuing.
Section 506.	Optional Redemption.
	a.	Excess Amounts in Series Redemption Account. The Trustee shall, but only at the written direction of an Authorized Officer on or prior to the forty- fifth (45th) day preceding the date of redemption, call for redemption on each Interest Payment Date on which Bonds are subject to optional redemption, from moneys on deposit in a Series Redemption Account such amount of Authorized Denominations of Bonds of such Series then subject to optional redemption as, with the redemption premium, if any, will exhaust such amount as nearly as may be practicable. Such redemption shall be made pursuant to the provisions of Article III hereof. The District shall pay all expenses incurred by the Trustee and Paying Agent in connection with such redemption.
	b.	Purchase of Bonds of a Series. The District may purchase Bonds of a Series then Outstanding at any time, whether or not such Bonds shall then be subject to redemption, at the most advantageous price obtainable with reasonable
diligence, having regard to maturity, option to redeem, rate and price, such price not to exceed the principal of such Bonds plus the amount of the premium, if any, which would be payable on the next redemption date to the Owners of such Bonds under the provisions of this Master Indenture and the Supplemental Indenture pursuant to which such Series of Bonds was issued if such Bonds were called for redemption on such date. Before making each such purchase, the District shall file with the Trustee a statement in writing directing the Trustee to pay the purchase price of the Bonds of such Series so purchased upon their delivery and cancellation, which statement shall set forth a description of such Bonds, the purchase price to be paid therefor, the name of the seller, and the place of delivery of the Bonds. The Trustee shall pay the interest accrued on such Bonds to the date of delivery thereof from the related Series Interest Account and the principal portion of the purchase price of Serial Bonds from the related Series Principal Account, but no such purchase shall be made after the Record Date in any Bond Year in which Bonds have been called for redemption. To the extent that insufficient moneys are on deposit in a related Series Interest Account to pay the accrued interest portion of the purchase price of any Bonds or in a related Series Principal Account to pay the principal amount of the purchase price of any Serial Bond, the Trustee shall transfer into such Accounts from the related Series Revenue Account sufficient moneys to pay such respective amounts. In the event that there are insufficient moneys on deposit in the related Series Sinking Fund Account with which to pay the principal portion of the purchase price of any Term Bonds, the Trustee may, at the written direction of the District, transfer moneys into such related Series Sinking Fund Account from the related Series Revenue Account to pay the principal amount of such purchase price, but only in an amount no greater than the Amortization Installment related to such Series of Bonds coming due in the current Bond Year calculated after giving effect to any other purchases of Term Bonds during such Bond Year. The Trustee may pay the principal portion of the purchase price of Bonds from the related Series Redemption Account, but only upon delivery of written instructions from an Authorized Officer of the District to the Trustee accompanied by a certificate of an Authorized Officer: (A) stating that sufficient moneys are on deposit in the Series Redemption Account to pay the purchase price of such Bonds; (B) setting forth the amounts and maturities of Bonds of such Series which are to be redeemed from such amounts; and (C) containing cash flows which demonstrate that, after giving effect to the purchase of Bonds in the amounts and maturities set forth in clause (B) above, the Pledged Revenues to be received by the District in the current and each succeeding Bond Year will be sufficient to pay the principal, Maturity Amount and Amortization Installments of and interest on all Bonds of such Series. The Trustee may pay the principal portion of the purchase price of any Term Bonds from the related Series Sinking Fund Account, but only Term Bonds of a maturity having Amortization Installments in the current Bond Year and in the principal amount no greater than the Amortization Installment related to such Series of Bonds coming due in the current Bond Year (calculated after giving effect to any other purchases of Term Bonds during such Bond Year).
The Trustee may pay the principal portion of the purchase price of Term Bonds having maturities different from or in amounts greater than set forth in the preceding sentence from amounts on deposit in the related Series Sinking Fund Account and the Trustee may transfer moneys from the related Series Revenue Account to the related Series Sinking Fund Account for such purpose, but only upon delivery of written instructions from an Authorized Officer to the Trustee accompanied by a certificate of an Authorized Officer: (X) stating that sufficient moneys are on deposit in the Series Sinking Fund Account, after giving effect to any transfers from the related Series Revenue Account, to pay the principal portion of the purchase price of such Term Bonds; (Y) setting forth the amounts and maturities of Term Bonds of such Series which are to be redeemed from such amounts and the Amortization Installments against which the principal amount of such purchases are to be credited; and (Z) containing cash flows which demonstrate that, after giving effect to the purchase of Term Bonds in the amounts and having the maturities and with the credits against Amortization Installments set forth in clause (Y) above and any transfers from the related Series Revenue Account, the Pledged Revenues to be received by the District in the current and in each succeeding Bond Year will be sufficient to pay the principal, Maturity Amount and Amortization Installments of and interest on all Bonds of such Series. If any Bonds are purchased pursuant to this subsection (b), the principal amount of the Bonds so purchased shall be credited as follows:
	i.	if the Bonds are to be purchased from amounts on deposit in the Series Prepayment Subaccount of a Series Redemption Account, against the principal coming due or Amortization Installments set forth in the certificate of the Authorized Officer accompanying the direction of the District to effect such purchase; or
	ii.	if the Bonds are Term Bonds of a Series, against the Amortization Installments for Bonds of such Series first coming due in the current Bond Year or, if such Term Bonds so purchased are to be credited against Amortization Installments coming due in any succeeding Bond Year, against the Amortization Installments on Term Bonds of such Series maturing on the same date and designated in the certificate of the Authorized Officer accompanying the direction of the District to effect such purchase; or
	iii.	against the principal or Maturity Amount of Serial Bonds coming due on the maturity date of such Serial Bonds.
Section 507.	Rebate Fund.
	a.	Creation. There is created and established by Section 502 hereof a Rebate Fund, and within the Rebate Fund a Series Rebate Account for each Series
of Tax-Exempt Bonds. Moneys deposited and held in the Rebate Fund shall not be subject to the pledge of this Master Indenture.
	a.	Payment to United States. The Trustee shall pay to the District, upon written request of the District, the Rebate Amount required to be paid to the United States at the times, in the manner and as calculated in accordance with the Supplemental Indenture related to a Series of Tax-Exempt Bonds. The Trustee shall have no responsibility for computation of the Rebate Amount and instead the District shall cause the Rebate Amount to be calculated by the Rebate Analyst and shall cause the Rebate Analyst to deliver such computation to the Trustee as provided in the Supplemental Indenture related to a Series of Tax-Exempt Bonds but before the date of any required payment of the Rebate Amount to the Internal Revenue Service. The fees of, and expenses incurred by, the Rebate Analyst in computing the Rebate Amount shall be paid by the District, which amount shall be treated as administrative and operating expenses of the District payable or reimbursable from the Series Revenue Account in accordance with Section 505(b) hereof.
	b.	Deficiencies. If the Trustee does not have on deposit in the Series Rebate Account sufficient amounts to make the payments required by this Section 507, the District shall pay, from any legally available source, the amount of any such deficiency to the United States as provided in paragraph (b) above. The Trustee shall have no duty to pay such deficiency from its own funds.
	c.	Survival. The covenants and agreements of the District in this Section
507 and Section 809, and any additional covenants related to compliance with provisions necessary in order to preserve the exclusion of interest on the Tax- Exempt Bonds of a Series from gross income for federal income tax purposes shall survive the defeasance of the Bonds of such Series in accordance with Article XII hereof.
Section 508. Investment of Funds and Accounts. Unless otherwise provided in the Supplemental Indenture authorizing the issuance of a Series of Bonds, moneys held for the credit of the Accounts for such Series of Bonds shall be invested as hereinafter in this Section 508 provided.
	a.	Series Acquisition and Construction Account, Series Revenue Account and Series Debt Service Account. Moneys held for the credit of a Series Acquisition and Construction Account, a Series Revenue Account, and a Series Debt Service Account shall, as nearly as may be practicable, be continuously invested and reinvested by the Trustee in Investment Obligations as directed in writing by an Authorized Officer, which Investment Obligations shall mature, or shall be subject to redemption by the holder thereof at the option of such holder, not later than the respective dates, as estimated by an Authorized Officer, when moneys held for the credit of each such Account will be required for the purposes intended.
	b.	Series Reserve Account. Moneys held for the credit of a Series Reserve Account shall be continuously invested and reinvested by the Trustee in Investment Obligations as directed in writing by an Authorized Officer.
	c.	Investment Obligations as a Part of Funds and Accounts. Investment Obligations purchased as an investment of moneys in any Fund or Account shall be deemed at all times to be a part of such Fund or Account, and the interest accruing thereon and profit realized from such investment shall be credited as provided in Section 510 hereof. Any loss resulting from such investment shall be charged to such Fund or Account. The foregoing notwithstanding, for purposes of investment and to the extent permitted by law, amounts on deposit in any Fund or Account may be commingled for purposes of investment, provided adequate care is taken to account for such amounts in accordance with the prior sentence. The Trustee may, upon the written direction of an Authorized Officer, transfer investments within such Funds or Accounts without being required to sell such investments. The Trustee shall sell at the best price obtainable or present for redemption any obligations so purchased whenever it shall be necessary so to do in order to provide moneys to meet any payment or transfer from any such Fund or Account. The Trustee shall not be liable or responsible for any loss resulting from any such investment or for failure to make an investment (except failure to make an investment in accordance with the written direction of an Authorized Officer) or for failure to achieve the maximum possible earnings on investments. The Trustee shall have no obligation to invest funds without written direction from an Authorized Officer.
	d.	Valuation. In computing the value of the assets of any Fund or Account, investments and earnings thereon shall be deemed a part thereof. The Trustee shall value the assets in each of the Funds and Accounts established hereunder as of September 30 of each Fiscal Year, and as soon as practicable after each such valuation date (but no later than ten (10) days after each such valuation date) shall provide the District a report of the status of each Fund and Account as of the valuation date. For the purpose of determining the amount on deposit to the credit of any Fund or Account established hereunder, with the exception of a Series Reserve Account, obligations in which money in such Fund or Account shall have been invested shall be valued at the market value or the amortized cost thereof, whichever is lower, or at the Redemption Price thereof, to the extent that any such obligation is then redeemable at the option of the holder. For the purpose of determining the amount on deposit to the credit of a Series Reserve Account, obligations in which money in such Account shall have been invested shall be valued at par, if purchased at par, or at amortized cost, if purchased at other than par, plus, in each case, accrued interest. Amortized cost, when used with respect to an obligation purchased at a premium above or a discount below par, means the value as of any given time obtained by dividing the total premium or discount at which such obligation was purchased by the number of days remaining to maturity on such obligation at the date of such purchase and by multiplying the amount thus
calculated by the number of days having passed since such purchase; and (i) in the case of an obligation purchased at a premium by deducting the product thus obtained from the purchase price, and (ii) in the case of an obligation purchased at a discount by adding the product thus obtained to the purchase price.
Section 509. Deficiencies and Surpluses in Funds and Accounts. For purposes of this Section 509, (a) a "deficiency" shall mean, in the case of a Series Reserve Account, that the amount on deposit therein is less than the Series Reserve Account Requirement (but only after the Bond Year in which the amount on deposit therein first equals the Series Reserve Account Requirement), and (b) a "surplus" shall mean in the case of a Series Reserve Account, that the amount on deposit therein is in excess of the Series Reserve Account Requirement.
At the time of any withdrawal from a Series Reserve Account that results in a deficiency therein, the Trustee shall promptly notify the District of the amount of any such deficiency and the Trustee shall withdraw the amount of such deficiency from the related Series Revenue Account and, if amounts on deposit therein are insufficient therefor, the District shall pay the amount of such deficiency to the Trustee, for deposit in such Series Reserve Account, from the first legally available sources of the District.
The Trustee, as of the close of business on the last Business Day in each Bond Year, after taking into account all payments and transfers made as of such date, shall compute, in the manner set forth in Section 508(d), the value of the Series Reserve Account and shall promptly notify the District of the amount of any deficiency or surplus as of such date in such Series Reserve Account. The District shall immediately pay the amount of any deficiency to the Trustee, for deposit in the Series Reserve Account, from any legally available sources of the District. The Trustee, as soon as practicable after such computation, shall deposit any surplus, at the direction of an Authorized Officer, to the credit of the Series Revenue Account, or as otherwise provided in the related Supplemental Indenture.
Section 510. Investment Income. Unless otherwise provided in a Supplemental Indenture, earnings on Investments in a Series Acquisition and Construction Account, a Series Interest Account, a Series Capitalized Interest Account and a Series Revenue Account shall be retained, as realized, to the credit of such Account and used for the purpose of such Account. Unless otherwise provided in a Supplemental Indenture, earnings on investments in the Funds and Accounts other than a Series Reserve Account and other than as set forth above shall be deposited, as realized, to the credit of such Series Revenue Account and used for the purpose of such Account.
Earnings on investments in a Series Reserve Account shall, unless otherwise provided in a Supplemental Indenture, be disposed of as follows:
	a.	if there was no deficiency (as defined in Section 509 above) in the Series Reserve Account as of the most recent date on which amounts on deposit in the Series Reserve Account were valued by the Trustee, and if no withdrawals have been made from the Series Reserve Account since such date, then earnings on investments in the Series Reserve Account shall be deposited to the Series Revenue Account; or
	b.	if there was a deficiency (as defined in Section 509 above) in the Series Reserve Account as of the most recent date on which amounts on deposit in the Series Reserve Account were valued by the Trustee, or if after such date withdrawals have been made from the Series Reserve Account and have created such a deficiency, then earnings on investments in the Series Reserve Account shall be retained in the Series Reserve Account until the amount on deposit therein equals the Series Reserve Account Requirement and thereafter shall be deposited to the Series Revenue Account.
Section 511. Cancellation of Bonds. All Bonds paid, redeemed or purchased, either at or before maturity, shall be canceled upon the payment, redemption or purchase of such Bonds. All Bonds canceled under any of the provisions of this Master Indenture shall be destroyed by the Paying Agent, which shall upon request of the District execute a certificate in duplicate describing the Bonds so destroyed. One executed certificate shall be filed with the Trustee and the other executed certificate shall be retained by the Paying Agent.

ARTICLE VI CONCERNING THE TRUSTEE
Section 601. Acceptance of Trust. The Trustee accepts and agrees to execute the trusts hereby created, but only upon the additional terms set forth in this Article VI, to all of which the parties hereto and the Owners agree. The Trustee shall have only those duties expressly set forth herein, and no duties shall be implied against the Trustee.
Section 602. No Responsibility for Recitals. The recitals, statements and representations in this Master Indenture, in any Supplemental Indenture or in the Bonds, save only the Trustee's authentication certificate, if any, upon the Bonds, have been made by the District and not by the Trustee, and the Trustee shall be under no responsibility for the correctness thereof.
Section 603. Trustee May Act Through Agents; Answerable Only for Willful Misconduct or Gross Negligence. The Trustee may execute any powers hereunder and perform any duties required of it through attorneys, agents, officers or employees, and shall be entitled to advice of counsel concerning all questions hereunder, and the Trustee shall not be answerable for the default or misconduct of any attorney, agent or employee selected by it with reasonable care. In performance
of its duties hereunder, the Trustee may rely on the advice of counsel and shall not be held liable for actions taken in reliance on the advice of counsel. The Trustee shall not be answerable for the exercise of any discretion or power under this Master Indenture or any Supplemental Indenture nor for anything whatsoever in connection with the trust hereunder, except only its own gross negligence or willful misconduct.
Section 604. Compensation and Indemnity. The District shall pay the Trustee reasonable compensation for its services hereunder, and also all its reasonable expenses and disbursements, including the reasonable fees and expenses of Trustee's counsel, and to the extent permitted under State law shall indemnify the Trustee and hold the Trustee harmless against any liabilities which it may incur in the exercise and performance of its powers and duties hereunder except with respect to its own gross negligence or misconduct. The Trustee shall have no duty in connection with its responsibilities hereunder to advance its own funds nor shall the Trustee have any duty to take any action hereunder without first having received indemnification satisfactory to it. If the District defaults in respect of the foregoing obligations, the Trustee may deduct the amount owing to it from any moneys received or held by the Trustee under this Master Indenture or any Supplemental Indenture other than moneys from a Credit Facility or Liquidity Facility. This Section 604 shall survive termination of this Master Indenture and any Supplemental Indenture, and as to any Trustee, its resignation or removal thereof. As security for the foregoing, the District hereby grants to the Trustee a security interest in and to the amounts on deposit in all Series Funds and Accounts (other than the Rebate Fund) thereby, in effect, granting the Trustee a first charge against these moneys following an Event of Default for its fees and expenses (including legal counsel and default administration costs and expenses), subordinate and inferior to the security interest granted to the Owners of the Bonds from time to time secured thereby, but nevertheless payable in the order of priority as set forth in Section 905(a) upon the occurrence of an Event of Default.
Section 605.  No Duty to Renew Insurance. The Trustee shall be under no duty to effect or to renew any insurance policy nor shall it incur any liability for the failure of the District to require or effect or renew insurance or to report or file claims of loss thereunder.
Section 606. Notice of Default; Right to Investigate. The Trustee shall give written notice, as soon as practicable, by first-class mail to registered Owners of Bonds of all defaults of which the Trustee has actual knowledge, unless such defaults have been remedied (the term "defaults" for purposes of this Section 606 and Section 607 being defined to include the events specified as "Events of Default" in Section 902 hereof, but not including any notice or periods of grace provided for therein) or if the Trustee, based upon the advice of counsel upon which the Trustee is entitled to rely, determines that the giving of such notice is not in the best interests of the Owners of the Bonds. The Trustee will be deemed to have actual
knowledge of any payment default under this Master Indenture or under any Supplemental Indenture and after receipt of written notice thereof by a Credit Facility issuer or Liquidity Facility issuer of a default under its respective reimbursement agreement, but shall not be deemed to have actual knowledge of any other default unless notified in writing of such default by the Owners of at least twenty-five percent (25%) in aggregate principal amount of the Bonds then Outstanding and affected by such default. The Trustee may, however, at any time require of the District full information as to the performance of any covenant hereunder; and if information satisfactory to it is not forthcoming, the Trustee may make or cause to be made, at the expense of the District, an investigation into the affairs of the District.
Section 607. Obligation to Act on Default. Before taking any action under this Master Indenture or any Supplemental Indenture in respect of an Event of Default, or any action that would require the Trustee to expend its own funds, the Trustee may require that a satisfactory indemnity bond be furnished for the reimbursement of all expenses to which it may be put and to protect it against all liability, except liability resulting from its own gross negligence or willful misconduct in connection with any such action.
Section 608. Reliance by Trustee. The Trustee may act on any requisition, resolution, notice, telegram, request, consent, waiver, opinion, certificate, statement, affidavit, voucher, bond, or other paper or document or telephone message which it in good faith believes to be genuine and to have been passed, signed or given by the proper persons or to have been prepared and furnished pursuant to any of the provisions of this Master Indenture or any Supplemental Indenture, and the Trustee shall be under no duty to make any investigation as to any statement contained in any such instrument, but may accept the same as conclusive evidence of the accuracy of such statement.
Section 609.  Trustee May Deal in Bonds. The Trustee may in good faith buy, sell, own, hold and deal in any of the Bonds and may join in any action which any Owners may be entitled to take with like effect as if the Trustee were not a party to this Master Indenture or any Supplemental Indenture. The Trustee may also engage in or be interested in any financial or other transaction with the District.
Section 610. Construction of Ambiguous Provision. The Trustee may construe any ambiguous or inconsistent provisions of this Master Indenture or any Supplemental Indenture and any construction by the Trustee shall be binding upon the Owners. The Trustee shall give prompt written notice to the District of any intention to make such construal.
Section 611. Resignation of Trustee. The Trustee may resign and be discharged of the trusts created by this Master Indenture by written resignation
filed with the Secretary of the District not less than sixty (60) days before the date when such resignation is to take effect; provided that notice of such resignation shall be sent by first-class mail to each Owner as its name and address appears on the Bond Register and to any Paying Agent, Bond Registrar, any Credit Facility issuer and any Liquidity Facility issuer, at least sixty (60) days before the resignation is to take effect. Such resignation shall take effect on the day specified in the Trustee's notice of resignation unless a successor Trustee is previously appointed, in which event the resignation shall take effect immediately on the appointment of such successor; provided, however, that notwithstanding the foregoing such resignation shall not take effect until a successor Trustee has been appointed. If a successor Trustee has not been appointed within sixty (60) days after the Trustee has given its notice of resignation, the Trustee may petition any court of competent jurisdiction for the appointment of a temporary successor Trustee to serve as Trustee until a successor Trustee has been duly appointed.
Section 612. Removal of Trustee. Any Trustee hereunder may be removed at any time by an instrument appointing a successor to the Trustee so removed, upon application of the District; provided, however, that if an Event of Default has occurred hereunder and is continuing with respect to a Series of Bonds, then the Trustee hereunder may be removed only by an instrument appointing a successor to the Trustee so removed executed by the Majority Owners of the Series of Bonds as to which such Event of Default exists and filed with the Trustee and the District. No such removal shall be effective until any amounts owed to the Trustee hereunder have been paid in full.
The Trustee may also be removed at any time for any breach of trust or for acting or proceeding in violation of, or for failing to act or proceed in accordance with, any provision of this Master Indenture or any Supplemental Indenture with respect to the duties and obligations of the Trustee, by any court of competent jurisdiction upon the application of the District; provided that no Event of Default has occurred hereunder and is continuing, or upon the application of the Owners of not less than twenty percent (20%) in aggregate principal amount of the Bonds then Outstanding.
Section 613. Appointment of Successor Trustee. If the Trustee or any successor Trustee resigns or is removed or dissolved, or if its property or business is taken under the control of any state or federal court or administrative body, a vacancy shall forthwith exist in the office of the Trustee, and the District shall appoint a successor and shall mail notice of such appointment, including the name and address of the applicable corporate trust office of the successor Trustee, by first- class mail to each Owner as its name and address appears on the Bond Register, and to the Paying Agent, Bond Registrar, any Credit Facility issuer and any Liquidity Facility issuer; provided, however, that the District shall not appoint a successor Trustee if an Event of Default has occurred and is continuing, unless the District shall have received the prior written consent, which consent shall not be
unreasonably withheld, of the Majority Owners or, if there is a Credit Facility or Liquidity Facility with respect to any Series of Bonds, any Credit Facility issuer and any Liquidity Facility issuer, to the appointment of such successor Trustee. If an Event of Default has occurred hereunder and is continuing and the Trustee or any successor Trustee resigns or is removed or dissolved, or if its property or business is taken under the control of any state or federal court or administrative body, a vacancy shall forthwith exist in the office of the Trustee, and a successor may be appointed by any court of competent jurisdiction upon the application of the Owners of not less than twenty percent (20%) in aggregate principal amount of the Bonds then Outstanding and such successor Trustee shall mail notice of its appointment, including the name and address of the applicable corporate trust office of the successor Trustee, by first-class mail to each Owner as its name and address appears on the Bond Registrar, and to the Paying Agent, Bond Registrar, any Credit Facility issuer and any Liquidity Facility issuer.
Section 614. Qualification of Successor Trustee. A successor Trustee shall be a national bank with trust powers or a bank or trust company with trust powers, having a combined net capital and surplus of at least $50,000,000.
Section 615. Instruments of Succession. Except as provided in Section 616 hereof, any successor Trustee shall execute, acknowledge and deliver to the District an instrument accepting such appointment hereunder, and thereupon such successor Trustee, without any further act, deed, or conveyance, shall become fully vested with all the estates, properties, rights, powers, trusts, duties and obligations of its predecessor in trust hereunder, with like effect as if originally named Trustee herein, except for the predecessor's rights under Section 604 hereof. After withholding from the funds on hand any amounts owed to itself hereunder, the Trustee ceasing to act hereunder shall pay over to the successor Trustee all moneys held by it hereunder; and the Trustee ceasing to act and the District shall execute and deliver an instrument or instruments transferring to the successor Trustee all the estates, properties, rights, powers and trusts hereunder of the Trustee ceasing to act except for the rights granted under Section 604 hereof. The successor Trustee shall mail notice of its appointment, including the name and address of the applicable corporate trust office of the successor Trustee, by first-class mail to each Owner as its name and address appears on the Bond Registrar, and to the Paying Agent, Bond Registrar, any Credit Facility issuer and any Liquidity Facility issuer.
Section 616. Merger of Trustee. Any corporation, entity or purchaser into which any Trustee hereunder may be merged or with which it may be consolidated or into which all or substantially all of its corporate trust assets shall be sold or its operations conveyed, or any corporation, entity or purchaser resulting from any merger, consolidation or sale to which any Trustee hereunder shall be a party, shall be the successor Trustee under this Master Indenture, without the execution or filing of any paper or any further act on the part of the parties thereto, anything herein to the contrary notwithstanding; provided, however, that any such
successor corporation, entity or purchaser continuing to act as Trustee hereunder shall meet the requirements of Section 614 hereof, and if such corporation, entity or purchaser does not meet the aforesaid requirements, a successor Trustee shall be appointed pursuant to this Article VI.
Section 617. Resignation of Paying Agent or Bond Registrar. The Paying Agent or Bond Registrar may resign and be discharged of the duties created by this Master Indenture by executing an instrument in writing resigning such duties and specifying the date when such resignation shall take effect, and filing the same with the District and the Trustee not less than sixty (60) days before the date specified in such instrument when such resignation shall take effect, and by giving written notice of such resignation mailed not less than sixty (60) days prior to such resignation date to each Owner as its name and address appear on the registration books of the District maintained by the Bond Registrar. Such resignation shall take effect on the date specified in such notice, unless a successor Paying Agent or Bond Registrar is previously appointed in which event such resignation shall take effect immediately upon the appointment of such successor Paying Agent or Bond Registrar. If a successor Paying Agent or Bond Registrar shall not have been appointed within a period of sixty (60) days following the giving of notice, then the Trustee may appoint a successor Paying Agent or Bond Registrar as provided in Section 619 hereof.
Section 618. Removal of Paying Agent or Bond Registrar. The Paying Agent or Bond Registrar may be removed at any time prior to any Event of Default by the District by filing with the Paying Agent or Bond Registrar to be removed and the Trustee, an instrument or instruments in writing executed by an Authorized Officer appointing a successor. Such removal shall be effective thirty
(30) days after delivery of the instrument (or such longer period as may be set forth in such instrument); provided, however, that no such removal shall be effective until the successor Paying Agent or Bond Registrar appointed hereunder shall execute, acknowledge and deliver to the District an instrument accepting such appointment hereunder.
Section 619. Appointment of Successor Paying Agent or Bond Registrar. In case at any time the Paying Agent or Bond Registrar shall be removed, or be dissolved, or if its property or affairs shall be taken under the control of any state or federal court or administrative body because of insolvency or bankruptcy, or for any other reason, then a vacancy shall forthwith and ipso facto exist in the office of the Paying Agent or Bond Registrar, as the case may be, and a successor shall be appointed by the District; and in case at any time the Paying Agent or Bond Registrar shall resign, then a successor shall be appointed by the District. Upon any such appointment, the District shall give written notice of such appointment to the predecessor Paying Agent or Bond Registrar, the successor Paying Agent or Bond Registrar, the Trustee and all Owners. Any new Paying
Agent or Bond Registrar so appointed shall immediately and without further act supersede the predecessor Paying Agent or Bond Registrar.
Section 620. Qualifications of Successor Paying Agent or Bond Registrar. Every successor Paying Agent or Bond Registrar shall (a) be a commercial bank or trust company duly organized under the laws of the United States or any state or territory thereof, authorized by law to perform all the duties imposed upon it by this Master Indenture, and capable of meeting its obligations hereunder, and (b) have a combined net capital and surplus of at least $50,000,000.
Section 621. Acceptance of Duties by Successor Paying Agent or Bond Registrar. Except as provided in Section 622 hereof, any successor Paying Agent or Bond Registrar appointed hereunder shall execute, acknowledge and deliver to the District an instrument accepting such appointment hereunder, and thereupon such successor Paying Agent or Bond Registrar, without any further act, deed or conveyance, shall become duly vested with all the estates property, rights, powers, duties and obligations of its predecessor hereunder, with like effect as if originally named Paying Agent or Bond Registrar herein. Upon request of such Paying Agent or Bond Registrar, such predecessor Paying Agent or Bond Registrar and the District shall execute and deliver an instrument transferring to such successor Paying Agent or Bond Registrar all the estates, property, rights and powers hereunder of such predecessor Paying Agent or Bond Registrar and such predecessor Paying Agent or Bond Registrar shall pay over and deliver to the successor Paying Agent or Bond Registrar all moneys and other assets at the time held by it hereunder.
Section 622. Successor by Merger or Consolidation. Any corporation, entity or purchaser into which any Paying Agent or Bond Registrar hereunder may be merged, converted or sold or with which it may be consolidated or into which substantially all of its corporate trust assets shall be sold or otherwise conveyed, or any corporation, entity or purchaser resulting from any merger, consolidation or sale to which any Paying Agent or Bond Registrar hereunder shall be a party, shall be the successor Paying Agent or Bond Registrar under this Master Indenture without the execution or filing of any paper or any further act on the part of the parties hereto, anything in this Master Indenture to the contrary notwithstanding.
Section 623. Brokerage Statements. The District acknowledges that to the extent regulations of the Comptroller of the Currency or other applicable regulatory entity grant the District the right to receive individual confirmations of security transactions at no additional cost, as they occur, the District specifically waives receipt of such confirmations to the extent permitted by law. The Trustee will furnish the District periodic cash transaction statements that include detail for all investment transactions made by the Trustee hereunder.
Section 624. Patriot Act Requirements of the Trustee. To help the government fight the funding of terrorism and money laundering activities, federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account. For a non-individual person such as a business entity, a charity, a trust, or other legal entity, the Trustee will ask for documentation to verify such non-individual person's formation and existence as a legal entity. The Trustee may also ask to see financial statements, licenses, identification and authorization documents from individuals claiming authority to represent the entity or other relevant documentation.

ARTICLE VII
FUNDS CONSTITUTE TRUST FUNDS
Section 701. Trust Funds. Subject to the provisions of Section 604 and Section 905(a) hereof, all amounts on deposit in Funds or Accounts for the benefit of a Series of Bonds shall:
	a.	be used only for the purposes and in the manner provided herein and in the Supplemental Indenture relating to such Series of Bonds and, pending such application, be held by the Trustee in trust for the benefit of the Owners of such Series of Bonds;
	b.	be irrevocably pledged to the payment of such Series of Bonds, except for amounts on deposit in the Series Rebate Account in the Rebate Fund;
	c.	be held and accounted for separate and apart from all other Funds and Accounts, including Accounts of other Series of Bonds, and other funds and accounts of the Trustee and the District;
	d.	until applied for the purposes provided herein, be subject to a first lien in favor of the Owners of such Series of Bonds and any parity obligations to issuers of Credit Facilities or Liquidity Facilities with respect to such Series of Bonds, which lien is hereby created, prior and superior to all other liens now existing or hereafter created, and, to a second lien in favor of the Trustee, as security for the reasonable compensation for the services of the Trustee hereunder, and also all its reasonable expenses and disbursements, including the reasonable fees and expenses of Trustee's counsel, subordinate and inferior to the security interest granted to the Owners of such Series of Bonds and any parity obligations to issuers of Credit Facilities or Liquidity Facilities with respect to such Series of Bonds, but nevertheless payable in the order of priority as set forth in Section 905(a) or Section 905(b) hereof upon the occurrence of an Event of Default; and
	e.	shall not be subject to lien or attachment by any creditor of the Trustee or any creditor of the District or any other Series of Bonds other than the Owners of
such Series of Bonds and the issuers of Credit Facilities or Liquidity Facilities with respect to such Series of Bonds.

ARTICLE VIII
COVENANTS AND AGREEMENTS OF THE DISTRICT
Section 801. Payment of Bonds. The District shall duly and punctually pay or cause to be paid, but only from the Series Trust Estate with respect to each Series of Bonds, Debt Service on the dates, at the places, and in the amounts stated herein, in any Supplemental Indenture, and in the Bonds of such Series.
Section 802. Extension of Payment of Bonds. Except as provided in Section 901 hereof, the District shall not directly or indirectly extend the time for payment of the interest on any Bonds. The time for payment of Bonds of any Series shall be the time prescribed in the Supplemental Indenture relating to such Series of Bonds.
Section 803.  Further Assurance. At any and all times the District shall, so far as it may be authorized by law, pass, make, do, execute, acknowledge and deliver, all and every such further resolutions, acts, deeds, conveyances, assignments, transfers and assurances as may be necessary or desirable for the better assuring, conveying, granting, assigning and confirming all and singular the rights, moneys, securities and funds hereby pledged or assigned, or intended so to be, or which the District may become bound to pledge or assign after the date of execution of this Master Indenture.
Section 804. Power to Issue Bonds and Create a Lien. The District hereby represents to the Trustee and to the Owners that it is and will be duly authorized under all applicable laws to issue the Bonds of each Series, to execute this Master Indenture, to adopt Supplemental Indentures, and to pledge its moneys, securities and funds in the manner and to the extent provided herein. Except as provided herein, the District hereby represents that such moneys, securities and funds of the District are and will be free and clear of any pledge, lien, charge or encumbrance thereon and all action on the part of the District to that end has been and will be duly and validly taken. The Bonds of each Series, this Master Indenture and any Supplemental Indenture are and will be the valid and legally enforceable obligations of the District, enforceable in accordance with their terms except to the extent that enforcement thereof may be subject to bankruptcy and other similar laws affecting creditors' rights generally. The District shall at all times, to the extent permitted by law, defend, preserve and protect the pledge and lien created by this Master Indenture and all the rights of the Owners hereunder against all claims and demands of all other persons whomsoever.
Section 805. Power to Undertake Series Projects and to Collect Pledged Revenues. The District has or will have upon the date of issuance of each
Series of Bonds, and will have so long as any Bonds are Outstanding, good right and lawful power: (a) to undertake the Series Projects, or it will take such action on its part required which it deems reasonable in order to obtain licenses, orders, permits or other authorizations, if any, from any agency or regulatory body having lawful jurisdiction which must be obtained in order to undertake such Series Project; and
(b) to fix, levy and collect or cause to be collected any and all Pledged Revenues.
Section 806. Sale of Series Projects. The District covenants that, until such time as there are no Bonds of a Series Outstanding, it will not sell, lease or otherwise dispose of or encumber the related Series Project or any part thereof other than as provided herein. The District may, however, from time to time, sell any machinery, fixtures, apparatus, tools, instruments, or other movable property acquired by the District in connection with a Series Project, or any materials used in connection therewith, if the District shall determine that such articles are no longer needed or are no longer useful in connection with the acquisition, construction, operation or maintenance of a Series Project, and the proceeds thereof may be applied to the replacement of the properties so sold or disposed of and, if not so applied, shall be deposited to the credit of the related Series Acquisition and Construction Account or, after the Date of Completion of the Series Project, shall be applied as provided in the corresponding Supplemental Indenture. The District may from time to time sell or lease such other property forming part of a Series Project which it may determine is not needed or serves no useful purpose in connection with the maintenance and operation of such Series Project, if the Consulting Engineer shall in writing approve such sale or lease, and the proceeds of any such sale shall be disposed of as hereinabove provided for the proceeds of the sale or disposal of movable property. The proceeds of any lease as described above shall be applied as provided in the corresponding Supplemental Indenture.
Notwithstanding the foregoing, the District may: (a) dispose of all or any part of a Series Project, other than a Series Project the revenues to be derived from the operation of which are pledged to a Series of Bonds, by gift or dedication thereof to any unit of local government, or to the State or any agency or instrumentality of either of the foregoing or the United States Government; and/or (b) impose, declare or grant title to or interests in the Series Project or a portion or portions thereof in order to create ingress and egress rights and public and private utility easements as the District may deem necessary or desirable for the development, use and occupancy of the property within the District; and/or (c) impose or declare covenants, conditions and restrictions pertaining to the use, occupancy and operation of the Series Projects.
Section 807. Completion and Maintenance of Series Projects. The District shall complete the acquisition and construction of a Series Project with all practical dispatch and in a sound and economical manner. So long as any Series Project is owned by the District, the District shall maintain, preserve and keep the same  or  cause  the  same  to  be  maintained,  preserved  and  kept,  with  the
appurtenances and every part and parcel thereof, in good repair, working order and condition, and shall from time to time make, or cause to be made, all necessary and proper repairs, replacements and renewals so that at all times the operation thereof may be properly and advantageously conducted.
Section 808.	Accounts and Reports.
	a.	Annual Report. The District shall, within thirty (30) days of receipt and approval by the District, so long as any Bonds are Outstanding, deliver to each Requesting Owner (hereinafter defined), and otherwise as provided by law, a copy of its annual audit for such year, accompanied by an Accountant's Certificate, including (i) statements in reasonable detail of its financial condition as of the end of such Fiscal Year and income and expenses for such Fiscal Year, and (ii) statements of all receipts and disbursements of the Pledged Revenues of each Series of Bonds (unless the Pledged Revenues of such Series are remitted directly to the Trustee). The Trustee shall, within ninety (90) days after the close of each Fiscal Year so long as any Bonds are Outstanding, file with the District a summary with respect to each Fund and Account of the deposits thereto and disbursements therefrom during such Fiscal Year and the amounts held therein at the end of such Fiscal Year, or at the option of the Trustee, such summary can be made on a monthly basis. For purposes of the foregoing, the term "Requesting Owner" shall mean the Owner (or Beneficial Owner in the case of Bonds held in book-entry form) of more than $1,000,000 aggregate principal amount of any Series of Bonds who requests such information in writing to the District.
	b.	No Default Certificate. The District shall file with the Trustee, so long as any Bonds are Outstanding, a certificate of an Authorized Officer upon the occurrence of an Event of Default as described in Section 902(h) hereof, such certificate to contain a description of the nature of such Event of Default and actions taken or to be taken to remedy such Event of Default.
	c.	Inspection. The reports, statements and other documents required to be furnished by the District to the Trustee and by the Trustee to the District pursuant to any provisions hereof shall be available for inspection by any Owner of at least twenty-five percent (25%) in principal amount of any Series of Bonds Outstanding at the designated office of the District upon the giving of at least five
(5) days advance written notice to the District or the Trustee, as the case may be.
	a.	Reports Pursuant to Uniform Special District Accountability Act of 1989. The District covenants and agrees that it will comply with the provisions of Chapter 189.01 et seq., Florida Statutes, the Uniform Special District Accountability Act of 1989, to the extent applicable to the District, including any reporting requirements contained therein which are applicable to the District. The District may contract with a service provider selected by the District to ensure such compliance.
Section 809. Arbitrage and Other Tax Covenants. The District hereby covenants that it will not take any action, and will not fail to take any action, which action or failure would cause any Tax-Exempt Bonds to become "arbitrage bonds" as defined in Section 148 of the Code. The District further covenants that it will take all such actions after delivery of any Tax-Exempt Bonds as may be required in order for interest on such Tax-Exempt Bonds to remain excludable from gross income (as defined in Section 61 of the Code) of the Owners. Without limiting the generality of the foregoing, the District hereby covenants that it will to the extent not remitted by the Trustee from funds held in the Rebate Account, remit to the United States the Rebate Amount at the time and place required by this Master Indenture, any Supplemental Indenture, and the Tax Regulatory Covenants.
Section 810. Enforcement of Payment of Assessments. The District will assess, levy, collect or cause to be collected and enforce the payment of Assessments, Benefit Special Assessments, and/or any other sources which constitute Pledged Revenues for the payment of any Series of Bonds in the manner prescribed by this Master Indenture, any Supplemental Indenture and all resolutions, ordinances or laws thereunto appertaining at times and in amounts as shall be necessary in order to pay, when due, the principal of and interest on the Series of Bonds to which such Pledged Revenues are pledged, and to pay or cause to be paid the proceeds of such Assessments, Benefit Special Assessments, and/or any other sources as received to the Trustee in accordance with the provisions hereof.
Section 811. Method of Collection of Assessments and Benefit Special Assessments. The District shall levy and collect Assessments and Benefit Special Assessments in accordance with applicable State law.
Section 812.  Delinquent Assessments. If the owner of any lot or parcel of land shall be delinquent in the payment of any Assessment or Benefit Special Assessment, pledged to a Series of Bonds, then such Assessment or Benefit Special Assessment shall be enforced in accordance with the provisions of Chapters 170 and/or 197, Florida Statutes, including but not limited to the sale of tax certificates and tax deeds as regards such Delinquent Assessment. In the event the provisions of Chapter 197, Florida Statutes, are inapplicable or unavailable, or in the event that an Assessment or Benefit Special Assessment was directly collected by the District, as permitted by a Supplemental Indenture, then upon the delinquency of any such Assessment or Benefit Special Assessment, the District either on its own behalf, or through the actions of the Trustee may, and shall, if so directed in writing by the Majority Owners of the Bonds of such Series then Outstanding, declare the entire unpaid balance of such Assessment or Benefit Special Assessment, to be in default and, at its own expense, cause such delinquent property to be foreclosed in the same method now or hereafter provided by law for the foreclosure of mortgages on real estate, or pursuant to the provisions of Chapters 170 and 173, Florida Statutes, and Section 190.026 of the Act, or otherwise as provided by law. The District further covenants to furnish, at its expense, to any Owner of Bonds of the
related Series so requesting, sixty (60) days after the due date of each annual installment, a list of all Delinquent Assessments together with a copy of the District's annual audit (if available), and a list of foreclosure actions currently in progress and the current status of such Delinquent Assessments.
Section 813.  Deposit of Proceeds from Sale of Tax Certificates. If any tax certificates relating to Delinquent Assessments which are pledged to a Series of Bonds are sold by the Tax Collector pursuant to the provisions of Section 197.432, Florida Statutes, or if any such tax certificates are not sold but are later redeemed, the proceeds of such sale or redemption (to the extent that such proceeds relate to the Delinquent Assessments), less any commission or other charges retained by the Tax Collector, shall, if paid by the Tax Collector to the District, be paid by the District to the Trustee not later than five (5) Business Days following receipt of such proceeds by the District and shall be deposited by the Trustee to the credit of the related Series Revenue Account.
Section 814. Sale of Tax Deed or Foreclosure of Assessment or Benefit Special Assessment Lien. If any property shall be offered for sale for the nonpayment of any Assessment or Benefit Special Assessment, which is pledged to a Series of Bonds, and no person or persons shall purchase such property for an amount less than or equal to the full amount due on the Assessments or Benefit Special Assessments (principal, interest, penalties and costs, plus attorneys' fees, if any), the property may then be purchased by the District for an amount equal to the balance due on the Assessments or Benefit Special Assessments (principal, interest, penalties and costs, plus attorneys' fees, if any), from any legally available funds of the District and the District shall receive in its corporate name or in the name of a special purpose entity title to the property for the benefit of the Owners of the Series of Bonds to which such Assessments or Benefit Special Assessments were pledged; provided that the Trustee shall have the right, acting at the direction of the Majority Owners of the applicable Series of Bonds secured by such Assessments or Benefit Special Assessments, but shall not be obligated, to direct the District with respect to any action taken pursuant to this paragraph. The District, either through its own actions, or actions caused to be taken through the Trustee, shall have the power to lease or sell such property, and deposit all of the net proceeds of any such lease or sale into the related Series Revenue Account. Not less than ten
(10) days prior to the filing of any foreclosure action as herein provided, the District shall cause written notice thereof to be mailed to any designated agents of the Owners of the related Series of Bonds. Not less than thirty (30) days prior to the proposed sale of any lot or tract of land acquired by foreclosure by the District, it shall give written notice thereof to such representatives. The District, either through its own actions, or actions caused to be taken through the Trustee, agrees that it shall be required to take the measures provided by law for the listing for sale of property acquired by it as trustee for the benefit of the Owners of the related Series of Bonds within sixty (60) days after the receipt of the request therefor
signed by the Trustee or the Majority Owners of the Bonds of such Series then Outstanding.
Section 815. Other Obligations Payable from Assessments or Benefit Special Assessments. The District will not issue or incur any obligations payable from the proceeds of Assessments or Benefit Special Assessments securing a Series of Bonds nor voluntarily create or cause to be created any debt, lien, pledge, assignment, encumbrance or other charge upon such Assessments or Benefit Special Assessments other than the lien of any Subordinate Debt except for fees, commissions, costs, and other charges payable to the Property Appraiser or to the Tax Collector pursuant to State law.
Section 816. Re-Assessments. If any Assessment or Benefit Special Assessment shall be either in whole or in part annulled, vacated or set aside by the judgment of any court, or the District shall be satisfied that any such Assessment or Benefit Special Assessment is so irregular or defective that it cannot be enforced or collected, or if the District shall have omitted to make such Assessment or Benefit Special Assessment when it might have done so, the District shall either: (a) take all necessary steps to cause a new Assessment or Benefit Special Assessment to be made for the whole or any part of such improvement or against any property benefited by such improvement; or (b) in its sole discretion, make up the amount of such Assessment or Benefit Special Assessment from legally available moneys, which moneys shall be deposited into the related Series Revenue Account. In case any such subsequent Assessment or Benefit Special Assessment shall also be annulled, the District shall obtain and make other Assessments or Benefit Special Assessments until a valid Assessment or Benefit Special Assessment shall be made.
Section 817. General. The District shall do and perform, or cause to be done and performed, all acts and things required to be done or performed by or on behalf of the District under law and this Master Indenture, in accordance with the terms of such provisions.
Upon the date of issuance of each Series of Bonds, all conditions, acts and things required by law and this Master Indenture and any Supplemental Indenture to exist, to have happened and to have been performed precedent to and in the issuance of such Series of Bonds shall exist, have happened and have been performed and upon issuance, such Series of Bonds shall be within every debt and other limit prescribed by the laws of the State applicable to the District.
The District shall not enter into any contract or take any action by which the rights of the Trustee or the Owners may be impaired and shall, from time to time, execute and deliver such further instruments and take such further action as may be required to carry out the purposes of this Master Indenture and any Supplemental Indenture. For so long as any Bonds are Outstanding hereunder, unless otherwise provided by the Act, the District shall maintain its corporate
existence as a local unit of special purpose government under the Act and shall provide for or otherwise require all Series Projects, and all parts thereof owned by the District to be (a) continuously operated, repaired, improved and maintained as shall be necessary to provide adequate service to the lands benefited thereby, and
(b) in compliance with all valid and applicable laws, acts, rules, regulations, permits, orders, requirements and directions of any competent public authority.
Section 818. Continuing Disclosure. The District covenants and agrees that it will comply with and carry out all of the provisions of any Continuing Disclosure Agreement. Notwithstanding any other provision of this Master Indenture or any Supplemental Indenture, failure of the District or any other obligated person to comply with any Continuing Disclosure Agreement shall not be considered an Event of Default hereunder; however, the Trustee may (and, at the request of any participating underwriter or the Owners of at least twenty-five percent (25%) aggregate principal amount of Bonds of a Series then Outstanding and receipt of indemnity to its satisfaction, shall) or any Owner or Beneficial Owner of the Bonds of a Series then Outstanding may take such actions as may be necessary and appropriate, including seeking specific performance by court order, to cause the District to comply with its obligations under this Section 818. For purposes of this Section, "Beneficial Owner" means any person which (a) has the power, directly or indirectly, to vote or consent with respect to, or to dispose of ownership of, any Bonds (including persons holding Bonds through nominees, depositories or other intermediaries), or (b) is treated as the owner of any Bonds for federal income tax purposes.

ARTICLE IX
EVENTS OF DEFAULT AND REMEDIES
Section 901. Extension of Interest Payment. If the time for payment of interest of a Bond of any Series shall be extended, whether or not such extension be by or with the consent of the District, such interest so extended shall not be entitled in case of default hereunder to the benefit or security of this Master Indenture unless the aggregate principal amount of such Bonds then Outstanding and of all accrued interest the time for payment of which shall not have been extended, shall have previously been paid in full.
Section 902. Events of Default. Each of the following events is hereby declared an Event of Default with respect to a Series of Bonds, but no other Series of Bonds unless otherwise provided in the Supplemental Indenture relating to such Series:
	a.	Any payment of Debt Service on such Series of Bonds is not made when due;
	b.	The District shall for any reason be rendered incapable of fulfilling its obligations hereunder or under the Supplemental Indenture relating to such Series of Bonds;
	c.	The District admits in writing its inability to pay its debts generally as they become due, or files a petition in bankruptcy or makes an assignment for the benefit of its creditors or consents to the appointment of a receiver or trustee for itself or for the whole or any part of the related Series Project;
	d.	The District is adjudged insolvent by a court of competent jurisdiction, or is adjudged bankrupt on a petition in bankruptcy filed against the District, or an order, judgment or decree be entered by any court of competent jurisdiction appointing, without the consent of the District, a receiver or trustee of the District or of the whole or any part of its property and if the aforesaid adjudications, orders, judgments or decrees shall not be vacated or set aside or stayed within ninety (90) days from the date of entry thereof;
	e.	The District shall file a petition or answer seeking reorganization or any arrangement under the federal bankruptcy laws or any other applicable law or statute of the United States of America or any state thereof;
	f.	Under the provisions of any other law for the relief or aid of debtors, any court of competent jurisdiction shall assume custody or control of the District's assets or any part thereof, and such custody or control shall not be terminated within ninety (90) days from the date of assumption of such custody or control;
	g.	Any portion of the Assessments or Benefit Special Assessments pledged to a Series of Bonds shall have become Delinquent Assessments and, as the result thereof, the Indenture provides for the Trustee to withdraw funds in an amount greater than twenty-five percent (25%) of the amount on deposit in a Series Reserve Account to pay Debt Service on the corresponding Series of Bonds (regardless of whether the Trustee does or does not, per the direction of the Majority Owners, actually withdraw such funds from the Series Reserve Account to pay Debt Service on the corresponding Series of Bonds);
	h.	The District shall default in the due and punctual performance of any of the material covenants, conditions, agreements and provisions contained in the Bonds of such Series or in this Master Indenture or in the Supplemental Indenture relating to such Series of Bonds on the part of the District to be performed (other than a default in the payment of Debt Service on the related Series of Bonds when due, which is an Event of Default under subsection (a) above) and such default shall continue for thirty (30) days after written notice specifying such default and requiring the same to be remedied shall have been given to the District by the Trustee or, if the Trustee is unwilling or unable to act, by Owners of not less than
ten percent (10%) in aggregate principal amount of the Bonds of such Series then Outstanding and affected by such default; and
	a.	More than twenty percent (20%) of the Operation and Maintenance Assessments levied by the District on tax parcels subject to Assessments or Benefit Special Assessments pledged to a Series of Bonds are not paid by the date such are due and payable, and such default continues for sixty (60) days after the date when due.
Section 903. Acceleration of Maturities of Bonds of a Series Under Certain Circumstances. Upon the happening and continuance of any Event of Default specified in clauses (a) through (i) of Section 902 above with respect to a Series of Bonds, the Trustee shall, upon written direction of the Majority Owners of the Bonds of such Series then Outstanding, by a notice in writing to the District, declare the aggregate principal amount of all of the Bonds of such Series then Outstanding (if not then due and payable) to be due and payable immediately and, upon such declaration, the same shall become and be immediately due and payable, anything contained in the Bonds of such Series or in this Master Indenture or in the Supplemental Indenture authorizing such Series of Bonds to the contrary notwithstanding; provided, however, that no such declaration of acceleration shall occur in the case of Bonds of a Series secured by Assessments, except to the extent that the Assessments have been accelerated and are currently due and payable in accordance with applicable law; and provided further, however, that if at any time after the aggregate principal amount of the Bonds of any Series then Outstanding shall have been so declared to be due and payable, and before the entry of final judgment or decree in any suit, action or proceeding instituted on account of such default, or before the completion of the enforcement of any other remedy under this Master Indenture or the related Supplemental Indenture, moneys shall have accumulated in the related Series Revenue Account sufficient to pay the principal of all matured Bonds of such Series and all arrears of interest, if any, upon all Bonds of such Series then Outstanding (except the aggregate principal amount of any Bonds of such Series then Outstanding that is only due because of a declaration under this Section 903, and except for the interest accrued on the Bonds of such Series since the last Interest Payment Date), and all amounts then payable by the District hereunder shall have been paid or a sum sufficient to pay the same shall have been deposited with the Paying Agent, and every other default (other than a default in the payment of the aggregate principal amount of the Bonds of such Series then Outstanding that is due only because of a declaration under this Section
903) shall have been remedied, then the Trustee or, if the Trustee is unable or unwilling to act, the Majority Owners of such Series of Bonds then Outstanding not then due except by virtue of a declaration under this Section 903, may, by written notice to the District, rescind and annul such declaration and its consequences, but no such rescission or annulment shall extend to or affect any subsequent default or impair any right consequent thereon.
Section 904. Enforcement of Remedies. Upon the happening and continuance of any Event of Default specified in Section 902 above with respect to a Series of Bonds, the Trustee may protect and enforce the rights of the Owners of the Bonds of such Series under State law, and under this Master Indenture, the related Supplemental Indenture and the Bonds of such Series, by such proceedings in equity or at law, either for the specific performance of any covenant or agreement contained herein or in aid or execution of any power herein or in the related Supplemental Indenture granted or for the enforcement of any proper legal or equitable remedy, as the Trustee shall deem most effectual to protect and enforce such rights.
The Majority Owners of the Bonds of such Series then Outstanding shall, subject to the requirements of Section 607, have the right, by an instrument or instruments in writing executed and delivered to the Trustee, to direct the method and place of conducting all remedial proceedings by the Trustee hereunder, provided that such directions shall not be in conflict with any rule of law or this Master Indenture and that the Trustee shall have the right to decline to follow any such direction which in the opinion of the Trustee would be unduly prejudicial to the rights of the Owners of such Series of Bonds not parties to such direction or would subject the Trustee to personal liability or expense. Notwithstanding the foregoing, the Trustee shall have the right to select and retain legal counsel of its choosing to represent it in any such proceedings. The Trustee may take any other action which is not inconsistent with any direction under this second paragraph of this Section 904.
No Owner of such Series of Bonds shall have any right to pursue any other remedy under this Master Indenture or such Series of Bonds unless: (a) an Event of Default shall have occurred and is continuing; (b) the Majority Owners of the Bonds of such Series then Outstanding have requested the Trustee, in writing, to exercise the powers granted in the first paragraph of this Section 904 or to pursue such remedy in its or their name or names; (c) the Trustee has been offered indemnity satisfactory to it against costs, expenses and liabilities reasonably anticipated to be incurred; (d) the Trustee has declined to comply with such request, or has failed to do so, within sixty (60) days after its receipt of such written request and offer of indemnity; and (e) no direction inconsistent with such request has been given to the Trustee during such sixty (60) day period by the Majority Owners of the Bonds of such Series then Outstanding. The provisions of the immediately preceding sentence of this Section 904 are conditions precedent to the exercise by any Owner of such Series of Bonds of any remedy hereunder. The exercise of such rights is further subject to the provisions of Sections 907, 909, 910, 912 and the second paragraph of this Section 904. No Owner or Owners of such Series of Bonds shall have any right in any manner whatsoever to enforce any right under this Master Indenture, except in the manner herein provided.
The District covenants and agrees that upon the occurrence and continuance of an Event of Default, it will take such actions to enforce the remedial provisions of the Indenture, the provisions for the collection of Delinquent Assessments, including delinquent Direct Billed Operation and Maintenance Assessments, the provisions for the foreclosure of liens of Delinquent Assessments, including delinquent Direct Billed Operation and Maintenance Assessments, and will take such other appropriate remedial actions as shall be directed by the Trustee acting at the direction of, and on behalf of, the Majority Owners, from time to time, of the Bonds of a Series. Notwithstanding anything to the contrary herein, and unless otherwise directed by the Majority Owners of the Bonds of a Series and allowed pursuant to federal or State law, the District acknowledges and agrees that (y) upon failure of any property owner to pay an installment of Assessments collected directly by the District when due, that the entire Assessment on the tax parcel as to which such Delinquent Assessment appertains, with interest and penalties thereon, shall immediately become due and payable as provided by applicable law and the District shall promptly, but in any event within 120 days, cause to be brought the necessary legal proceedings for the foreclosure of liens of Delinquent Assessments, including interest and penalties with respect to such tax parcel and (z) the foreclosure proceedings shall be prosecuted to a sale and conveyance of the property involved in said proceedings as now provided by law in suits to foreclose mortgages.
Section 905. Pro Rata Application of Funds Among Owners of a Series of Bonds. Anything in this Master Indenture to the contrary notwithstanding, if at any time the moneys in the Series Funds and Accounts shall not be sufficient to pay Debt Service on the related Series of Bonds when due, such moneys together with any moneys then available or thereafter becoming available for such purpose, whether through the exercise of the remedies provided for in this Article IX or otherwise, shall be applied as follows:
	a.	Unless the aggregate principal amount of all the Bonds of such Series shall have become due and payable or shall have been declared due and payable pursuant to the provisions of Section 903 hereof, all such moneys shall be applied:
FIRST: to the payment of any then-due fees and expenses of the Trustee, including reasonable counsel fees and expenses, to the extent not otherwise paid;
SECOND: to payment to the persons entitled thereto of all installments of interest then due and payable on the Bonds of such Series, in the order in which such installments become due and payable and, if the amount available shall not be sufficient to pay in full any particular installment, then to the payment ratably, according to the amounts due on such installment, to the persons entitled thereto, without any discrimination or preference except as to any difference in the rates of interest specified in the Bonds of such Series; and
THIRD: to the payment to the persons entitled thereto of the unpaid principal of any of the Bonds of such Series which shall have become due (other than Bonds of such Series called for redemption for the payment of which sufficient moneys are held pursuant to this Master Indenture), in the order of their due dates, with interest upon the Bonds of such Series at the rates specified therein from the dates upon which they become due to their payment date, and, if the amount available shall not be sufficient to pay in full the principal of Bonds of such Series due on any particular date, together with such interest, then to the payment first of such interest, ratably according to the amount of such interest due on such date, and then to the payment of such principal, ratably according to the amount of such principal due on such date, to the Owners of the Bonds of such Series entitled thereto without any discrimination or preference except as to any difference in the foregoing rates of interest.
	a.	If the aggregate principal amount of all the Bonds of a Series shall have become due and payable in accordance with their terms or shall have been declared due and payable pursuant to the provisions of Section 903 hereof, all such moneys shall be applied first to the payment of any fees and expenses of the Trustee, including reasonable counsel fees and expenses, to the extent not otherwise paid, and then the payment of the whole amount of principal and interest then due and unpaid upon the Bonds of such Series, without preference or priority of principal or of interest or of any installment of interest over any other, or of any Bond over any other Bond of such Series, ratably, according to the amounts due respectively for principal and interest, to the persons entitled thereto without any discrimination or preference except as to any difference in the respective rates of interest specified in the Bonds of such Series.
	b.	If the principal of all the Bonds of a Series shall have been declared due and payable pursuant to the provisions of Section 903 hereof, and if such declaration shall thereafter have been rescinded and annulled pursuant to the provisions of Section 903 hereof, then, if the aggregate principal amount of all of the Bonds of such Series shall later become due or be declared due and payable pursuant to the provisions of Section 903 hereof, the moneys remaining in and thereafter accruing to the related Series Revenue Fund shall be applied in accordance with subsection (b) above.
The provisions of this Section 905 are in all respects subject to the provisions of Section 901 hereof.
Whenever moneys are to be applied pursuant to this Section 905, such moneys shall be applied by the Trustee at such times as the Trustee in its sole discretion shall determine, having due regard to the amount of such moneys available for application and the likelihood of additional moneys becoming available for such application. The deposit of such moneys with the Paying Agent shall
constitute proper application by the Trustee, and the Trustee shall incur no liability whatsoever to any Owner or to any other person for any delay in applying any such funds, so long as the Trustee acts with reasonable diligence, having due regard to the circumstances, and ultimately applies such moneys in accordance with such provisions of this Master Indenture as may be applicable at the time of application. Whenever the Trustee shall exercise such discretion in applying such funds, it shall fix the date upon which such application is to be made and upon such date interest on the amounts of principal to be paid on such date shall cease to accrue. The Trustee shall give such notice as it may deem appropriate of the fixing of any such date and shall not be required to make payment to any Owner until such Bond shall be surrendered to him for appropriate endorsement.
Section 906. Effect of Discontinuance of Proceedings. If any proceeding taken by the Trustee or any Owner on account of any default shall have been discontinued or abandoned for any reason, then the District and the Owner shall be restored to their former positions and rights hereunder, respectively, and all rights and remedies of the Owners shall continue as though no such proceeding had been taken.
Section 907. Restriction on Individual Owner Actions. Except as provided in Section 910 below, no Owner of any Bonds of a Series shall have any right in any manner whatsoever to affect, disturb or prejudice the security of this Master Indenture or any Supplemental Indenture, or to enforce any right hereunder or thereunder except in the manner herein or therein provided, and all proceedings at law or in equity shall be instituted and maintained for the benefit of all Owners of the Bonds of such Series.
Section 908. No Remedy Exclusive. No remedy conferred upon the Trustee or the Owners is intended to be exclusive of any other remedy herein or in any Supplemental Indenture provided, and each such remedy shall be cumulative and shall be in addition to every other remedy given hereunder or thereunder.
Section 909. Delay Not a Waiver. No delay or omission of the Trustee or any Owner to exercise any right or power accruing upon any default shall impair any such right or power or shall be construed to be a waiver of any such default or an acquiescence therein; and every power and remedy given to the Trustee and the Owners may be exercised from time to time and as often as may be deemed expedient.
Section 910. Right to Enforce Payment of Bonds. Nothing in this Article IX shall affect or impair the right of any Owner to enforce the payment of Debt Service on the Bond of which such person is the registered Owner, or the obligation of the District to pay Debt Service to the Owner at the time and place specified in such Bond.
Section 911. No Cross Default Among Series. The occurrence of an Event of Default hereunder or under any Supplemental Indenture with respect to any Series of Bonds shall not constitute an Event of Default with respect to any other Series of Bonds, unless the event giving rise to the Event of Default also constitutes an Event of Default hereunder or under the Supplemental Indenture with respect to such other Series of Bonds.
Section 912. Indemnification. Other than to make proper draws under a Credit Facility, the Trustee shall be under no obligation to institute any suit or to take any remedial proceeding under this Master Indenture or any Supplemental Indenture or to enter any appearance or in any way defend in any suit in which it may be made defendant, or to advance its own money, or to take any steps in the execution of the trusts hereby created or in the enforcement of any rights and powers hereunder, until it shall be indemnified to its satisfaction against any and all costs and expenses, outlays and counsel fees and other reasonable disbursements, and against all liability. Notwithstanding the foregoing, the indemnification provided by this Section 912 shall not be applicable in cases of the Trustee's gross negligence or willful misconduct.
Section 913. Provisions Relating to Bankruptcy or Insolvency of Landowner.
	a.	The provisions of this Section 913 shall be applicable both before and after the commencement, whether voluntary or involuntary, of any case, proceeding or other action by or against any owner of any tax parcel, or tax parcels which are in the aggregate, subject to at least five percent (5%) of the Assessments pledged to the Bonds of a Series then Outstanding (an "Insolvent Taxpayer") under any existing or future law of any jurisdiction relating to bankruptcy, insolvency, reorganization, assignment for the benefit of creditors, or relief of debtors (a "Proceeding").
	b.	The District acknowledges and agrees that, although the Bonds of a Series were issued by the District, the Owners of the Bonds of a Series are categorically the party with the ultimate financial stake in the transaction and, consequently, the party with a vested and pecuniary interest in a Proceeding. In the event of any Proceeding involving an Insolvent Taxpayer:
	i.	the District hereby agrees that it shall make a reasonable attempt to timely seek to secure the written consent of the Trustee, acting at the direction of the Majority Owners of the Bonds of a Series then Outstanding, prior to making any election, giving any consent, commencing any action or filing any motion, claim, obligation, notice or application or in taking any other action or position in any Proceeding or in any action related to a Proceeding that affects, either directly or indirectly, the Assessments relating to the Bonds of a Series then Outstanding, the Bonds of such Series then Outstanding or any rights of the Trustee under the Indenture (provided,
however, the Trustee shall be deemed to have consented, on behalf of the Majority Owners of the Bonds of such Series then Outstanding, to the proposed action if the District does not receive a written response from the Trustee within sixty (60) days following delivery to the Trustee and the Majority Owners of a written request for consent);
	i.	the District hereby agrees that it shall not make any election, give any consent, commence any action or file any motion, claim, obligation, notice or application or take any other action or position in any Proceeding or in any action related to a Proceeding that affects, either directly or indirectly, the Assessments relating to the Bonds of a Series then Outstanding, the Bonds of such Series then Outstanding or any rights of the Trustee under the Indenture that are inconsistent with any written consent received (or deemed received) from the Trustee;
	ii.	the District hereby agrees that it shall make a reasonable attempt to timely seek the written consent of the Trustee prior to filing and voting in any such Proceeding (provided, however, the Trustee shall be deemed to have consented, on behalf of the Majority Owners of the Bonds of such Series then Outstanding, to the proposed action if the District does not receive a written response from the Trustee within sixty (60) days following delivery to the Trustee and the Majority Owners of a written request for consent);
	iii.	the Trustee shall have the right, by interpleader or otherwise, to seek or oppose any relief in any such Proceeding that the District, as claimant with respect to the Assessments relating to the Bonds of a Series then Outstanding, would have the right to pursue, and, if the Trustee chooses to exercise any such rights, the District shall not oppose the Trustee in seeking to exercise any and all rights and taking any and all actions available to the District in connection with any Proceeding of any Insolvent Taxpayer, including, without limitation, the right to file and/or prosecute and/or defend any claims and proofs of claims, to vote to accept or reject a plan, to seek dismissal of the Proceeding, to seek stay relief to commence or continue foreclosure or pursue any other available remedies as to the Assessments relating to the Bonds of a Series then Outstanding, to seek substantive consolidation, to seek to shorten the Insolvent Taxpayer's exclusivity periods or to oppose any motion to extend such exclusivity periods, to oppose any motion for use of cash collateral or for authority to obtain financing, to oppose any sale procedures motion or any sale motion, to propose a competing plan of reorganization or liquidation, or to make any election under Section 1111(b) of the Bankruptcy Code; and
	iv.	the District shall not challenge the validity or amount of any claim submitted in good faith by the Trustee in such Proceeding or any
valuations of the lands owned by any Insolvent Taxpayer submitted in good faith by the Trustee in such Proceeding or take any other action in such Proceeding, which is adverse to the Trustee's enforcement of the District's claim and rights with respect to the Assessments relating to the Bonds of a Series then Outstanding or receipt of adequate protection (as that term is defined in the Bankruptcy Code). Without limiting the generality of the foregoing, the District agrees that the Trustee shall have the right to (A) file a proof of claim with respect to the Assessments pledged to the Bonds of a Series then Outstanding, (B) deliver to the District a copy thereof, together with evidence of the filing with the appropriate court or other authority, and
(C) defend any objection filed to said proof of claim.
The District acknowledges and agrees that it shall not be a defense to a breach of the foregoing covenants that it has acted on advice of counsel in not complying with the foregoing covenants.
	a.	Nothing in this Section 913 shall preclude the District from becoming a party to a Proceeding in order to enforce a claim for Operation and Maintenance Assessments, and the District shall be free to pursue such a claim for Operation and Maintenance Assessments in such manner as it shall deem appropriate in its sole and absolute discretion; provided, however, that such claim shall not seek to reduce the amount or receipt of Assessments. Any actions taken by the District in pursuance of its claim for Operation and Maintenance Assessments in any Proceeding shall not be considered an action adverse or inconsistent with the Trustee's rights or consents with respect to the Assessments relating to the Bonds of a Series then Outstanding whether such claim is pursued by the District or the Trustee; provided, however, that the District shall not oppose any relief sought by the Trustee under the authority granted to the Trustee in clause (b)(iv) above.

ARTICLE X
EXECUTION OF INSTRUMENTS BY OWNERS AND PROOF OF OWNERSHIP OF BONDS
Section 1001. Execution of Instruments by Owners and Proof of Ownership of Bonds. Any request, direction, consent or other instrument in writing required or permitted by this Master Indenture or any Supplemental Indenture to be signed or executed by Owners may be in any number of concurrent instruments of similar tenor and may be signed or executed by Owners or their attorneys or legal representatives. Proof of the execution of any such instrument shall be sufficient for any purpose of this Master Indenture and shall be conclusive in favor of the District with regard to any action taken by it under such instrument if verified by any officer in any jurisdiction who, by the laws thereof, has power to take affidavits within such jurisdiction, to the effect that such instrument was subscribed and sworn to before him, or by an affidavit of a witness to such execution. Where such execution is on behalf of a person other than an individual
such verification or affidavit shall also constitute sufficient proof of the authority of the signer thereof.
Nothing contained in this Article X shall be construed as limiting the Trustee to such proof, it being intended that the Trustee may accept any other evidence of the matters herein stated which it may deem sufficient. Any request or consent of the Owner of any Bond shall bind every future Owner of the same Bond in respect of anything done by the Trustee or the District in pursuance of such request or consent.
Section 1002. Deposit of Bonds. Notwithstanding the foregoing, neither the District nor the Trustee shall be required to recognize any person as an Owner of any Bond or to take any action at his request unless such Bond shall be deposited with the Trustee.

ARTICLE XI SUPPLEMENTAL INDENTURES
Section 1101. Supplemental Indentures Without Owner Consent. The Governing Body from time to time may authorize such indentures supplemental hereto or amendatory hereof as shall not be inconsistent with the terms and provisions hereof (which Supplemental Indenture shall thereafter form a part hereof), without the consent of the Owners, for the following purposes:
	a.	to provide for the initial issuance of a Series of Bonds or Refunding Bonds; or
	b.	to make any change whatsoever to the terms and provisions of this Master Indenture, but only as such change relates to a Series of Bonds upon the original issuance thereof (or upon the original issuance of Refunding Bonds which defease and discharge the Supplemental Indenture of the Series of Bonds to be refunded) under and pursuant to the terms of the Supplemental Indenture effecting such change; or
	c.	to cure any ambiguity or formal defect or omission or to correct any inconsistent provisions in this Master Indenture; or
	d.	to grant to the Owners or to the Trustee on behalf of the Owners any additional rights or security that may lawfully be granted; or
	e.	to add to the covenants and agreements of the District in this Master Indenture other covenants and agreements thereafter to be observed by the District to the benefit of the Owners of the Bonds then Outstanding; or
	f.	to make such changes as may be necessary in order to reflect amendments to Chapters 170, 190, 197 and 298, Florida Statues, or any other
Florida Statutes, so long as, in the opinion of counsel to the District, such changes either: (i) do not have a material adverse effect on the Owners of each Series of Bonds to which such changes relate; or (ii) if such changes do have a material adverse effect, that they nevertheless are required to be made as a result of such amendments; or
	a.	to modify the provisions of this Master Indenture or any Supplemental Indenture provided that such modification does not, in the written opinion of Bond Counsel, materially adversely affect the interests of the Owners of Bonds then Outstanding, upon which opinion the Trustee may conclusively rely.
Section 1102. Supplemental Indentures With Owner Consent.
	a.	Subject to the provisions contained in this Section 1102, and not otherwise, the Majority Owners of Bonds then Outstanding shall have the right, from time to time, anything contained in this Master Indenture to the contrary notwithstanding, to consent to and approve the adoption of such indentures supplemental hereto or amendatory hereof as shall be deemed desirable by the District for the purpose of modifying, altering, amending, adding to or rescinding, in any particular, any of the provisions of this Master Indenture; provided, however, that nothing herein contained shall permit, or be construed as permitting, without the consent of all Owners of Bonds then Outstanding and affected by such supplement or amendment,
	i.	an extension of the maturity of, or an extension of the Interest Payment Date on, any Bond;
	ii.	a reduction in the principal, premium, or interest on any Bond;
	iii.	a preference or priority of any Bond over any other Bond; or
	iv.	a reduction in the aggregate principal amount of the Bonds required for consent to such Supplemental Indenture.
	b.	In addition to the foregoing, the Majority Owners of any Series of Bonds then Outstanding shall have the right, from time to time, anything contained in this Master Indenture or in the Supplemental Indenture relating to such Series of Bonds to the contrary notwithstanding, to consent to and approve the adoption of such indentures supplemental to the Supplemental Indenture relating to such Series of Bonds or amendatory thereof, but not hereof, as shall be deemed desirable by the District for the purpose of modifying, altering, amending, adding to or rescinding, in any particular, any of the provisions of such Supplemental Indenture or of any indenture supplemental thereto; provided, however, that nothing herein contained shall permit, or be construed as permitting, without the consent of all Owners of Bonds of such Series then Outstanding and affected by such amendment,
	i.	an extension of the maturity of, or an extension of the Interest Payment Date on, any Bond of such Series;
	ii.	a reduction in the principal, premium, or interest on any Bond of such Series;
	iii.	a preference or priority of any Bond of such Series over any other Bond of such Series; or
	iv.	a reduction in the aggregate principal amount of the Bonds of such Series required for consent to such indenture supplemental to the Supplemental Indenture.
	c.	If at any time the District shall determine that it is desirable to approve any Supplemental Indenture pursuant to this Section 1102, the District shall cause the Trustee to mail, at the expense of the District, notice of the proposed approval to the Owners whose approval is required. Such notice shall be prepared by the District and shall briefly set forth the nature of the proposed Supplemental Indenture or indenture supplemental to a Supplemental Indenture and shall state that copies thereof are on file with the Secretary for inspection by all affected Owners. The District shall not, however, be subject to any liability to any Owner by reason of its failure to cause the notice required by this Section 1102 to be mailed and any such failure shall not affect the validity of such Supplemental Indenture or indenture supplemental to a Supplemental Indenture when consented to and approved as provided in this Section 1102.
	d.	Whenever, at any time within one (1) year after the date of the first mailing of such notice, there shall be delivered to the District an instrument or instruments in writing purporting to be executed by the Owners of the requisite principal amount of the Bonds of such Series then Outstanding, which instrument or instruments shall refer to the proposed Supplemental Indenture or indenture supplemental to a Supplemental Indenture described in such notice and shall specifically consent to and approve the execution thereof in substantially the form of the copy thereof referred to in such notice, thereupon, but not otherwise, the Governing Body and the Trustee may approve such Supplemental Indenture and cause it to be executed, in substantially such form, without liability or responsibility to any Owner.
Section 1103. Opinion of Bond Counsel With Respect to Supplemental Indenture. In addition to the other requirements herein set forth with respect to Supplemental Indentures or indentures supplemental to a Supplemental Indenture, no such indenture shall be effective unless and until there shall have been delivered to the Trustee, at the expense of the District, an opinion of Bond Counsel to the effect that such indenture is permitted pursuant to this Master Indenture and that such indenture is the valid and binding obligation of the
District enforceable in accordance with its terms, except as the enforceability thereof may be limited by bankruptcy, insolvency or general equitable principles, upon which opinion the Trustee may conclusively rely. In addition, if such indenture relates to a Series of Tax-Exempt Bonds, such opinion shall also state that such indenture will not adversely affect the exclusion from gross income for federal income tax purposes of interest on the related Series of Bonds.
Section 1104. Supplemental Indenture Part of Indenture. Any Supplemental Indenture executed in accordance with this Article XI and approved as to legality by counsel to the District shall thereafter, except as otherwise provided therein, form a part of this Master Indenture. Except as applicable only to Bonds of a Series, all of the terms and conditions contained in any such Supplemental Indenture amendatory of this Master Indenture shall be part of the terms and conditions hereof. The Trustee is not obligated to execute any amendment that is adverse to the interests of the Trustee.
Section 1105. Insurer or Issuer of a Credit Facility or Liquidity Facility as Owner of Bonds.
	a.	As long as a Credit Facility or Liquidity Facility securing all or a portion of the Bonds of a Series then Outstanding is in effect and the issuer thereof is not in default of any of its obligations under such Credit Facility or Liquidity Facility, as the case may be, the issuer of the Credit Facility or Liquidity Facility or the Insurer, to the extent so authorized in the applicable Supplemental Indenture, will be deemed to be the Owner of the Bonds of such Series secured by the Credit Facility or Liquidity Facility:
	i.	at all times for the purpose of the execution and delivery of a Supplemental Indenture or of any amendment, change or modification of the Master Indenture or the applicable Supplemental Indenture or the initiation by Owners of any action to be undertaken by the Trustee at the Owner's request, which under the Master Indenture or the applicable Supplemental Indenture requires the written approval or consent of or can be initiated by the Majority Owners of the Bonds of such Series then Outstanding;
	ii.	at all times for the purpose of the mailing of any notice to Owners under the Master Indenture or the applicable Supplemental Indenture; and
	iii.	following an Event of Default for all other purposes.
	b.	Notwithstanding the foregoing, neither an Insurer nor the issuer of a Credit Facility or Liquidity Facility with respect to a Series of Bonds will be deemed to be an Owner of the Bonds of such Series with respect to any such Supplemental Indenture or of any amendment, change or modification of the Master Indenture which would have the effect of permitting:
	i.	a change in the terms of redemption or maturity of any Bonds of a Series then Outstanding or of any installment of interest thereon; or
	ii.	a reduction in the principal amount or the Redemption Price thereof or in rate of interest thereon; or
	iii.	reducing the percentage or otherwise affecting the classes of Bonds the consent of the Owners of which is required to effect any such modification or amendment; or
	iv.	creating any preference or priority of any Bond of a Series over any other Bond of such Series.

ARTICLE XII DEFEASANCE
Section 1201. Defeasance and Discharge of the Lien of this Master Indenture and Supplemental Indentures.
	a.	If the District pays or causes to be paid, or there shall otherwise be paid, to the Owners of all Bonds, the principal or Redemption Price, if applicable, and interest due or to become due thereon and the obligations under any Letter of Credit Agreement and any Liquidity Agreement, at the times and in the manner stipulated therein and in this Master Indenture and pays or causes to be paid all other moneys owing hereunder and under any Supplemental Indenture (including, without limitation the fees and expenses of the Trustee, including reasonable counsel fees and expenses), then the lien of this Master Indenture and all covenants, agreements and other obligations of the District to the Owners and the issuer of any Credit Facility or Liquidity Facility shall thereupon cease, terminate and become void and be discharged and satisfied. In such event, the Trustee upon the request of the District shall execute and deliver to the District all such instruments as may be desirable to evidence such discharge and satisfaction, and the Trustee and the Paying Agent shall pay over or deliver, as directed by the District, all moneys or securities held by them pursuant to this Master Indenture which are not required for the payment of principal or Redemption Price, if applicable, on Bonds not theretofore surrendered for such payment or redemption or for payment of obligations under any Letter of Credit Agreement and any Liquidity Agreement. If the District pays or causes to be paid, or there shall otherwise be paid, to the Owners of all Bonds then Outstanding or of a particular maturity, of a particular Series or of any part of a particular maturity or Series, the principal or Redemption Price, if applicable, and interest due or to become due thereon, at the times and in the manner stipulated therein and in this Master Indenture, such Bonds shall cease to be entitled to any lien, benefit or security under this Master Indenture, and all covenants, agreements and obligations of the District to the Owners of such Bonds shall thereupon cease, terminate and become void and be
discharged and satisfied. Anything to the contrary in this Section 1201 notwithstanding, this Master Indenture shall not be discharged nor shall any Bonds with respect to which moneys or Federal Securities have been deposited in accordance with the provisions of this Section 1201 cease to be entitled to the lien, benefit or security under this Master Indenture, except to the extent that the lien, benefit and security of this Master Indenture and the obligations of the District hereunder shall be limited solely to and such Bonds shall be secured solely by and be payable solely from the moneys or Federal Securities so deposited.
	a.	Bonds or interest installments for the payment or redemption of which moneys shall have been set aside and shall be held in trust by the Trustee (through deposit pursuant to this Master Indenture of funds for such payment or redemption or otherwise) at the maturity or redemption date thereof shall be deemed to have been paid within the meaning and with the effect expressed in this Section 1201. All Bonds of any particular maturity or Series then Outstanding shall, prior to the maturity or redemption date thereof, be deemed to have been paid within the meaning and with the effect expressed in subsection (a) of this Section 1201 if:
	i.	in case any of such Bonds are to be redeemed on any date prior to their maturity, the District shall have given to the Trustee or the Bond Registrar irrevocable instructions accepted in writing by the Trustee or the Bond Registrar to mail as provided in Article III hereof notice of redemption of such Bonds on such date;
	ii.	there shall have been deposited with the Trustee either moneys in an amount which shall be sufficient, or Federal Securities, the principal of and the interest on which when due shall, as demonstrated in an Accountant's Certificate, provide moneys which, together with the moneys, if any, deposited with the Trustee at the same time, shall be sufficient, to pay when due the principal or Redemption Price, if applicable, and interest due and to become due on said Bonds on or prior to the redemption date or maturity date thereof, as the case may be;
	iii.	the District shall have given the Trustee or the Bond Registrar in form satisfactory to it irrevocable instructions to mail, postage prepaid, to each registered Owner of Bonds then Outstanding at the address, if any, appearing upon the registration books of the District, a notice to the registered Owners of such Bonds and to the Bond Registrar that the deposit required by (ii) above has been made with the Trustee and that such Bonds are deemed to have been paid in accordance with this Section 1201 and stating such maturity or redemption date upon which moneys are to be available for the payment of the principal or Redemption Price, if applicable, on such Bonds; and
	iv.	the Trustee shall have received an opinion of Bond Counsel to the effect that such defeasance is permitted under this Master Indenture and the Supplemental Indenture relating to the Series of Bonds so defeased and that, in the case of Tax-Exempt Bonds, such defeasance will not adversely affect the tax-exempt status of such Series of Bonds.
	b.	Neither Federal Securities nor moneys deposited with the Trustee pursuant to this Section 1201 nor principal or interest payments on any such Federal Securities shall be withdrawn or used for any purpose other than, and shall be held in trust for, the payment of the principal or Redemption Price, if applicable, and interest on such Bonds; provided that any cash received from such principal or interest payments on such Federal Securities deposited with the Trustee:
	i.	to the extent such cash shall not be required at any time for such purpose as evidenced by an Accountant's Certificate, and to the extent all obligations under any Letter of Credit Agreement and any Liquidity Agreement are satisfied, as determined by an Insurer or an issuer of any Credit Facility or Liquidity Facility securing the Bonds with respect to which such Federal Securities have been so deposited, shall be paid over upon the direction of the District as received by the Trustee, free and clear of any trust, lien, pledge or assignment securing such Bonds or otherwise existing under this Master Indenture; and
	ii.	to the extent such cash shall be required for such purpose at a later date, shall, to the extent practicable, be reinvested in Federal Securities maturing at times and in amounts sufficient to pay when due the principal or Redemption Price, if applicable, and interest to become due on such Bonds, or obligations under any Letter of Credit Agreement and any Liquidity Agreement, on or prior to such redemption date or maturity date thereof, as the case may be, and interest earned from such reinvestments shall be paid over as received by the Trustee to the District, free and clear of any lien, pledge or security interest securing such Bonds or otherwise existing under this Master Indenture.
For the purposes of this provision, Federal Securities means and includes only such securities which shall not be subject to redemption prior to their maturity other than at the option of the holder thereof.
	a.	As to any Variable Rate Bonds, whether discharged and satisfied under the provisions of subsection (a) or (b) above, the amount required for the interest thereon shall be calculated at the maximum rate permitted by the terms of the provisions which authorized the issuance of such Variable Rate Bonds; provided, however, that if on any date, as a result of such Variable Rate Bonds having borne interest at less than such maximum rate for any period, the total amount of moneys and Investment Obligations on deposit for the payment of
interest on such Variable Rate Bonds is in excess of the total amount which would have been required to be deposited on such date in respect of such Variable Rate Bonds in order to fully discharge and satisfy such Bonds and obligations under any Letter of Credit Agreement and any Liquidity Agreement pursuant to the provisions of this Section 1201, the District may use the amount of such excess free and clear of any trust, lien, security interest, pledge or assignment securing said Variable Rate Bonds or otherwise existing under this Master Indenture, any Letter of Credit Agreement or any Liquidity Agreement.
	a.	Notwithstanding any of the provisions of this Master Indenture to the contrary, Option Bonds may only be fully discharged and satisfied either pursuant to subsection (a) above or by depositing in the Series Interest Account, the Series Principal Account, the Series Sinking Fund Account and the Series Redemption Account, or in such other accounts which are irrevocably pledged to the payment of the Option Bonds, as the District may create and establish by Supplemental Indenture, moneys which together with other moneys lawfully available therefor shall be sufficient at the time of such deposit to pay when due the maximum amount of principal of and Redemption Price, if any, and interest on such Option Bonds which could become payable to the Owners of such Bonds upon the exercise of any options provided to the Owners of such Bonds; provided however, that if at the time a deposit is made pursuant to this subsection (e) the options originally exercisable by the Owner of an Option Bond are no longer exercisable, such Bond shall not be considered an Option Bond for purposes of this subsection (e). If any portion of the moneys deposited for the payment of the principal of and Redemption Price, if any, and interest on Option Bonds is not required for such purpose and is not needed to reimburse an Insurer or an issuer of any Credit Facility or Liquidity Facility, for obligations under any Letter of Credit Agreement and any Liquidity Agreement, the District may use the amount of such excess free and clear of any trust, lien, security interest, pledge or assignment securing such Option Bonds or otherwise existing under this Master Indenture, any Letter of Credit Agreement or any Liquidity Agreement.
	b.	Anything in this Master Indenture to the contrary notwithstanding, any moneys held by the Trustee or any Paying Agent in trust for the payment and discharge of any of the Bonds which remain unclaimed for two (2) years after the date when such Bonds have become due and payable, either at their stated maturity dates or by call for earlier redemption, if such moneys were held by the Trustee or any Paying Agent at such date, or for two (2) years after the date of deposit of such moneys if deposited with the Trustee or Paying Agent after the date when such Bonds became due and payable, shall at the written request of the District be repaid by the Trustee or Paying Agent to the District, as its absolute property and free from trust, and the Trustee or Paying Agent shall thereupon be released and discharged with respect thereto and the Owners shall look only to the District for the payment of such Bonds; provided, however, that before being required to make any such payment to the District, the Trustee or Paying Agent shall, at the expense
of the District, cause to be mailed, postage prepaid, to any Insurer or any issuer of any Credit Facility or Liquidity Facility, and to each registered Owner of Bonds then Outstanding at the address, if any, appearing upon the registration books of the District, a notice that such moneys remain unclaimed and that, after a date named in such notice, which date shall be not less than thirty (30) days after the date of the mailing of such notice, the balance of such moneys then unclaimed shall be returned to the District.
	a.	In the event that the principal and Redemption Price, if applicable, and interest due on the Bonds shall be paid by the Insurer pursuant to a municipal bond insurance policy, the assignment and pledge and all covenants, agreements and other obligations of the District to the Owners of such Bonds shall continue to exist and the Insurer shall be subrogated to the rights of such Owners.
	b.	Anything in this Master Indenture to the contrary notwithstanding, the provisions of the foregoing subsections (b) through (g) shall apply to the discharge of Bonds of a Series and to the discharge of the lien of any Supplemental Indenture securing such Series of Bonds as though each reference to the "Master Indenture" were a reference to such "Supplemental Indenture" and as though each reference to "Bonds then Outstanding" were a reference to the "Bonds of such Series then Outstanding."
Section 1202. Moneys Held in Trust. All moneys and obligations held by an escrow or paying agent or trustee pursuant to this Section 1202 shall be held in trust and the principal and interest of said obligations when received, and said moneys, shall be applied to the payment, when due, of the principal, interest and premium, if any, of the Bonds to be paid or to be called for redemption.

ARTICLE XIII MISCELLANEOUS PROVISIONS
Section 1301. Effect of Covenant. All covenants, stipulations, obligations and agreements of the District contained in this Master Indenture shall be deemed to be covenants, stipulations, obligations and agreements of the District and of the Governing Body of the District to the full extent authorized or permitted by law and all such covenants, stipulations, obligations and agreements shall bind or inure to the benefit of the successor or successors thereof from time to time and any officer, board, body or commission to whom or to which any power or duty affecting such covenants, stipulations, obligations and agreements shall be transferred by or in accordance with law.
Except as otherwise provided herein, all rights, powers and privileges conferred, and duties and liabilities imposed, upon the District or the Governing Body, by this Master Indenture shall be exercised or performed by the Governing
Body, or by such other officers, board, body or commission as may be required by law to exercise such powers or to perform such duties.
No covenant, stipulation, obligation or agreement herein contained shall be deemed to be a covenant, stipulation, obligation or agreement of any member, agent or employee of the Governing Body in his or her individual capacity, and neither the members of the Governing Body nor any official executing the Bonds shall be liable personally on the Bonds or be subject to any personal liability or accountability by reason of the issuance thereof.
Section 1302. Manner of Giving Notice to the District and the Trustee. Any notice, demand, direction, request or other instrument authorized or required by this Master Indenture to be given to or filed with the District or the Governing Body or the Trustee shall be deemed to have been sufficiently given or filed for all purposes of this Master Indenture if and when sent by certified mail, return receipt requested:
To the District, addressed to:
Wynnfield Lakes Community Development District c/o Governmental Management Services, LLC
475 West Town Place, Suite 114 World Golf Village
St. Augustine, Florida 32092 To the Trustee, addressed to:
U.S. Bank Trust Company, National Association 500 West Cypress Creek Road
Suite 460
Fort Lauderdale, Florida 33309 Attention: Corporate Trust Department
or to such other address as shall be provided to the other party hereto in writing.
All documents received by the District and the Trustee under this Master Indenture shall be retained in their possession, subject at all reasonable times to the inspection of any Owner and the agents and representatives thereof.
Section 1303. Manner of Giving Notice to the Owners. Any notice, demand, direction, request, or other instrument authorized or required by this Master Indenture to be mailed to the Owners shall be deemed to have been sufficiently mailed if mailed by first class mail, postage pre-paid, to the Owners at their addresses as they appear at the time of mailing on the registration books maintained by the Bond Registrar.
Section 1304. Successorship of District Officers. If the offices of Chairman or Secretary shall be abolished or any two or more of such offices shall be merged or consolidated, or in the event of a vacancy in any such office by reason of death, resignation, removal from office or otherwise, or in the event any such officer shall become incapable of performing the duties of his office by reason of sickness, absence from the District or otherwise, all powers conferred and all obligations and duties imposed upon such officer shall be performed by the officer succeeding to the principal functions thereof or by the officer upon whom such powers, obligations and duties shall be imposed by law.
Section 1305. Inconsistent Provisions. All provisions of any resolutions, and parts thereof, which are inconsistent with any of the provisions of this Master Indenture are hereby declared to be inapplicable to this Master Indenture.
Section 1306. Further Acts; Counterparts. The officers and agents of the District are hereby authorized and directed to do all acts and things required of them by the Bonds and this Master Indenture, for the full, punctual and complete performance of all of the terms, covenants, provisions and agreements contained in the Bonds and this Master Indenture.
This Master Indenture and any Supplemental Indenture may be executed in duplicate counterparts each of which shall constitute one and the same agreement.
Section 1307. Headings Not Part of Indenture. Any headings preceding the texts of the several Articles and Sections hereof and any table of contents, marginal notes or footnotes appended to copies hereof shall be solely for convenience of reference and shall not constitute a part of this Master Indenture, nor shall they affect its meaning, construction or effect.
Section 1308. Effect of Partial Invalidity. In case any one or more of the provisions of this Master Indenture or of any Bonds shall for any reason be held to be illegal or invalid, such illegality or invalidity shall not affect any other provision of this Master Indenture or of the Bonds, but this Master Indenture and the Bonds shall be construed and enforced as if such illegal or invalid provision had not been contained therein. The Bonds are issued and this Master Indenture is adopted with the intent that the laws of the State shall govern their construction.
Section 1309. Attorneys' Fees. Any reference herein to the term "attorneys' fees," "counsel fees" or "legal fees" or words of like import shall include but not be limited to fees of legal assistants and paralegals and fees incurred in any and all legal proceedings, including any trial or appellate level proceedings, and any sales tax thereon.
Section 1310. Effective Date. This Master Indenture shall be effective as of the date first written above.

(SEAL)

ATTEST:

By:			 Secretary/Assistant Secretary
WYNNFIELD LAKES COMMUNITY DEVELOPMENT DISTRICT

By:			 Chairman/Vice Chairman

U.S. BANK TRUST COMPANY, NATIONAL ASSOCIATION,
as Trustee

By:			 Vice President
EXHIBIT A
FORM OF REQUISITION
The undersigned, an Authorized Officer of Wynnfield Lakes Community Development District (the "District") hereby submits the following requisition for disbursement under and pursuant to the terms of the Master Trust Indenture between the District and U.S. Bank Trust Company, National Association, Fort Lauderdale, Florida, as trustee (the "Trustee"), dated as of September 1, 2025, as amended and supplemented by the [	] Supplemental Trust Indenture between the District and the Trustee, dated as of [	] (collectively, the "Indenture"). All capitalized terms used herein shall have the meaning ascribed to such term in the Indenture.
	A.	Requisition Number:
	B.	Name of Payee:
	C.	Amount Payable:
	D.	Purpose for which paid or incurred (refer also to specific contract if amount is due and payable pursuant to a contract involving progress payments or state costs of issuance, if applicable):
	E.	Fund, Account or subaccount from which disbursement is to be made: The undersigned hereby certifies that:
obligations in the stated amount set forth above have been incurred by the District, that each disbursement set forth above is a proper charge against the [	] Acquisition and Construction Account and the subaccount, if any, referenced above, that each disbursement set forth above was incurred in connection with the acquisition and/or construction of the [	] Project and each represents a Cost of the [	] Project that has not previously been paid out of such Account or subaccount;
OR
this requisition is for costs of issuance payable from the [	] Costs of Issuance Account that has not previously been paid out of such Account.
The undersigned hereby further certifies that there has not been filed with or served upon the District notice of any lien, right to lien, or attachment upon, or claim affecting the right to receive payment of, any of the moneys payable to the Payee set forth above, which has not been released or will not be released simultaneously with the payment hereof.
The undersigned hereby further certifies that such requisition contains no item representing payment on account of any retained percentage which the District is at the date of such certificate entitled to retain.
Originals or copies of the invoice(s) from the contractor of the improvements acquired or services rendered (or other equivalent supporting documents) with respect to which disbursement is hereby requested are on file with the District.
WYNNFIELD LAKES COMMUNITY DEVELOPMENT DISTRICT

By: 		 Authorized Officer

CONSULTING ENGINEER'S APPROVAL FOR NON-COST OF ISSUANCE REQUESTS ONLY
If this requisition is for a disbursement from other than the [	] Costs of Issuance Account, the undersigned Consulting Engineer hereby certifies that this disbursement is for a Cost of the [		] Project and is consistent with (a) the applicable acquisition or construction contract, (b) the plans and specifications for the portion of the [	] Project with respect to which such disbursement is being made, and (c) the report of the Consulting Engineer attached as an Exhibit to the [	] Supplemental Indenture, as such report shall have been amended or modified on the date hereof.

Consulting Engineer

FIRST SUPPLEMENTAL TRUST INDENTURE

BETWEEN

WYNNFIELD LAKES COMMUNITY DEVELOPMENT DISTRICT

AND

U.S. BANK TRUST COMPANY, NATIONAL ASSOCIATION, AS TRUSTEE

Dated as of September 1, 2025

$6,815,000 Capital Improvement Revenue and Refunding Bond, Series 2025
TABLE OF CONTENTS
This Table of Contents is incorporated herein for ease of reference only and shall not be deemed a part of this First Supplemental Trust Indenture.
ARTICLE I DEFINITIONS
Section 101.	Definitions	5
ARTICLE II
AUTHORIZATION, ISSUANCE AND PROVISIONS OF SERIES 2025 BOND
Section 201.	Authorization of Series 2025 Bond	8
Section 202.	Terms	9
Section 203.	Dating; Interest Accrual; Interest Adjustment	9
Section 204.	Denominations	10
Section 205.	Transfer Restrictions	10
Section 206.	Bond Registrar and Paying Agent	10
Section 207.	Conditions Precedent to Issuance of Series 2025 Bond	10
ARTICLE III REDEMPTION OF SERIES 2025 BOND
Section 301.	Series 2025 Bond Subject to Redemption	12
ARTICLE IV
DEPOSIT OF SERIES 2025 BOND PROCEEDS AND APPLICATION THEREOF; ESTABLISHMENT OF ACCOUNTS AND OPERATION THEREOF
Section 401.	Establishment of Accounts	12
Section 402.	Use of Series 2025 Bond Proceeds	12
Section 403.	Series 2025 Acquisition and Construction Account; Series 2025
Costs of Issuance Account	13
Section 404.	Series 2025 Capitalized Interest Account	14
Section 405.	Reserved	14
Section 406.	Amortization Installments; Order of Redemption	14
Section 407.	Tax Covenants	15
Section 408.	Series 2025 Revenue Account; Application of Revenues and Investment Earnings	15
ARTICLE V CONCERNING THE TRUSTEE
Section 501.	Acceptance by Trustee	17
Section 502.	Limitation of Trustee's Responsibility	17
Section 503.	Trustee's Duties	17
ARTICLE VI ADDITIONAL BONDS
Section 601.	No Parity Bonds	17
ARTICLE VII MISCELLANEOUS
Section 701.	Confirmation of Master Indenture	17
Section 702.	Collection of Assessments	18
Section 703.	Additional Covenants of the District	18
Section 704.	Owner Direction and Consent with Respect to Series 2025 Acquisition and Construction Account Upon Occurrence of Event
of Default	18
Section 705.	Payment of Rebate Amount	19
Section 706.	Payment Dates	19
Exhibit A – Description of Series 2025 Project Exhibit B – Form of Series 2025 Bond
Exhibit C – Form of Requisition for Series 2025 Project
FIRST SUPPLEMENTAL TRUST INDENTURE
THIS	FIRST	SUPPLEMENTAL	TRUST	INDENTURE	(this	"First
Supplemental Indenture") is dated as of September 1, 2025, between WYNNFIELD LAKES COMMUNITY DEVELOPMENT DISTRICT (the "District") and U.S. BANK  TRUST  COMPANY,  NATIONAL  ASSOCIATION,  as  trustee  (the
"Trustee"), a national banking association, authorized to accept and execute trusts of the character herein set forth, with its designated corporate trust office located at
500 West Cypress Creek Road, Suite 460, Fort Lauderdale, Florida 33309, Attention: Corporate Trust Department.
WHEREAS, the District previously entered into a Master Trust Indenture, dated as of November 1, 2005 (the "Prior Master Indenture") with Wachovia Bank, National Association (the "Prior Trustee"), to secure the issuance of bonds issued thereunder from time to time; and
WHEREAS, pursuant to Resolution No. 2005-15, adopted by the Governing Body of the District on August 11, 2005, the District authorized the issuance, sale and delivery of not to exceed $17,000,000 of bonds, to be issued in one or more series with respect to the Capital Improvement Program (hereinafter defined), of with the Series 2025 Project (hereinafter defined) is a part, which bonds were validated by final judgment of the Fourth Judicial Circuit of Florida, in and for Duval County on October 24, 2005, the appeal period for which expired with no appeal having been taken; and
WHEREAS, the Governing Body of the District duly adopted Resolution No. 2014-04, on June 19, 2014, providing for the acquisition, construction and installation of assessable capital improvements (the "Capital Improvement Program"), providing estimated Costs of the Capital Improvement Program, defining assessable property to be benefited by the Capital Improvement Program, defining the portion of the Costs of the Capital Improvement Program with respect to which non-ad valorem special assessments will be imposed and the manner in which such non-ad valorem special assessments shall be levied against such benefited property within the District, directing the preparation of an assessment roll, and stating the intent of the District to issue bonds of the District secured by such non-ad valorem special assessments to finance or refinance, as the case may be, the Costs of the acquisition, construction and installation of the Capital Improvement Program and the Governing Body of the District duly adopted Resolution No. 2014-08, on July 30, 2014, following a public hearing conducted in accordance with the Act, to fix and establish the non-ad valorem special assessments and the benefited property; and
WHEREAS, pursuant to Resolution No. 2014-03, adopted by the Governing Body of the District on June 19, 2014, the District authorized, issued and sold its
$7,490,000 Wynnfield Lakes Community Development District Special Assessment Refunding Bonds, Series 2014 (the "Series 2014 Bonds"), as an issue of Bonds under
the Prior Master Indenture, and ratified and confirmed the Prior Master Indenture and authorized the execution the execution and delivery of a Second Supplemental Trust Indenture, dated as of August 1, 2014 (the "Second Supplemental Indenture" and, together with the Prior Master Indenture, the "2014 Indenture"), between the District and U.S. Bank National Association, as successor in interest to the Prior Trustee, to secure the issuance of the Series 2014 Bonds and to set forth the terms of the Series 2014 Bonds; and
WHEREAS, the Series 2014 Bonds are currently outstanding under the 2014 Indenture in the aggregate principal amount of $4,465,000 (the outstanding principal of such Series 2014 Bonds hereinafter referred to as the "Refunded Bonds"); and
WHEREAS, the District applied the proceeds of the Series 2014 Bonds to (a) refund and redeem the District's then outstanding Special Assessment Bonds, Series 2005A, (b) fund the Debt Service Reserve Requirement as defined in the 2014 Indenture, and (c) pay a portion of the costs of issuance of the Series 2014 Bonds; and
WHEREAS, the Refunded Bonds are payable from and secured in part by revenues derived from non-ad valorem special assessments imposed, levied and collected by the District with respect to property specially benefited by the Capital Improvement Program (the "Series 2014 Assessments"), which, together with all moneys on deposit in the Funds and Accounts established under the 2014 Indenture comprise the Pledged Revenues (as defined in the Second Supplemental Indenture) securing the Refunded Bonds; and
WHEREAS, the District has determined that under existing market conditions, it would be in the best financial interest of the District to currently refund and redeem all of the Refunded Bonds and to finance the Cost of the Series 2025 Project (hereinafter defined); and
WHEREAS, the District has entered into a Master Trust Indenture, dated as of September 1, 2025 (the "Master Indenture" and together with this First Supplemental Indenture, the "Indenture") with the Trustee to secure the issuance of Bonds, issuable in one or more Series from time to time; and
WHEREAS, the Governing Body of the District duly adopted Resolution No. 2025-06, on July 23, 2025, providing for the acquisition, construction and installation of assessable capital improvements (the "Series 2025 Project"), providing estimated Costs of the Series 2025 Project, defining assessable property to be benefited by the Series 2025 Project, defining the portion of the Costs of the Series 2025 Project with respect to which Assessments will be imposed and the manner in which such Assessments shall be levied against such benefited property within the District, directing the preparation of an assessment roll, and stating the intent of the District to issue Bonds of the District secured by such Assessments to
finance the Costs of the acquisition, construction and installation of the Series 2025 Project and the Governing Body of the District duly adopted Resolution No. 2025- 09, on September 15, 2025, following a public hearing conducted in accordance with the Act, to fix and establish the Assessments and the benefited property; and
WHEREAS, pursuant to Resolution No. 2025-10, adopted by the Governing Body of the District on September 15, 2025, the District has authorized the issuance, sale and delivery of, among other things, its $6,815,000 Wynnfield Lakes Community Development District Capital Improvement Revenue and Refunding Bond, Series 2025 (the "Series 2025 Bond"), which is issued hereunder as an issue of Bonds under the Master Indenture, and has authorized the execution and delivery of the Master Indenture and this First Supplemental Indenture to secure the issuance of the Series 2025 Bond and to set forth the terms of the Series 2025 Bond and the sale thereof; and
WHEREAS, the District will apply the proceeds of the Series 2025 Bond, together with other funds of the District, to (a) currently refund and redeem all of the Refunded Bonds, (b) finance the Cost of acquiring, constructing and equipping assessable improvements comprising the Series 2025 Project, (c) pay certain costs associated with the issuance of the Series 2025 Bond, and (d) pay a portion of the interest to become due on the Series 2025 Bond; and
WHEREAS, the Series 2025 Bond will be payable from and secured in part by revenues derived from Assessments imposed, levied and collected by the District in accordance with the Series 2025 Assessment Proceedings (hereinafter defined) with respect to property specially benefited by the Capital Improvement Program and the Series 2025 Project (the "Series 2025 Assessments"); and
WHEREAS, the execution and delivery of the Series 2025 Bond and of this First Supplemental Indenture have been duly authorized by the Governing Body of the District and all things necessary to make the Series 2025 Bond, when executed by the District and authenticated by the Trustee, a valid and binding legal obligation of the District and to make this First Supplemental Indenture a valid and binding agreement and, together with the Master Indenture, a valid and binding lien on the Series 2025 Trust Estate (hereinafter defined) have been done;
NOW THEREFORE, KNOW ALL MEN BY THESE PRESENTS, THIS FIRST SUPPLEMENTAL INDENTURE WITNESSETH:
That the District, in consideration of the premises, the acceptance by the Trustee of the trusts hereby created, the mutual covenants herein contained, the purchase and acceptance of the Series 2025 Bond by the purchaser or purchasers thereof, and other good and valuable consideration, receipt of which is hereby acknowledged, and in order to further secure the payment of the principal and Redemption Price of, and interest on, the Series 2025 Bond Outstanding from time to time, according to its tenor and effect, and such other payments required to be
made under the Master Indenture or hereunder, and to further secure the observance and performance by the District of all the covenants, expressed or implied in the Master Indenture, in this First Supplemental Indenture and in the Series 2025 Bond (a) has executed and delivered this First Supplemental Indenture and (b) does hereby, in confirmation of the Master Indenture, grant, bargain, sell, convey, transfer, assign and pledge unto the Trustee, and unto its successors in the trusts established under the Master Indenture, and to them and their successors and assigns forever, all right, title and interest of the District, in, to and under, subject to the terms and conditions of the Master Indenture and the provisions of the Master Indenture pertaining to the application thereof for or to the purposes and on the terms set forth in the Master Indenture, the revenues derived by the District from the Series 2025 Assessments (the "Series 2025 Pledged Revenues") and the Funds and Accounts (except for the Series 2025 Rebate Account) established hereby (the "Series 2025 Pledged Funds") which shall constitute the Series Trust Estate securing the Series 2025 Bond (the "Series 2025 Trust Estate");
TO HAVE AND TO HOLD all the same by the Master Indenture granted, bargained, sold, conveyed, transferred, assigned and pledged, or agreed or intended so to be, to the Trustee and its successors in said trust and to it and its assigns forever;
IN TRUST NEVERTHELESS, except as in each such case may otherwise be provided in the Master Indenture, upon the terms and trusts in the Indenture set forth for the equal and proportionate benefit, security and protection of all and singular the present and future Owner of the Series 2025 Bond issued under and secured by this First Supplemental Indenture;
PROVIDED HOWEVER, that if the District, its successors or assigns, shall well and truly pay, or cause to be paid, or make due provision for the payment of the principal and Redemption Price of the Series 2025 Bond or any portion thereof issued, secured and Outstanding under this First Supplemental Indenture and the interest due or to become due thereon, at the times and in the manner mentioned in the Series 2025 Bond and this First Supplemental Indenture, according to the true intent and meaning thereof, and shall well and truly keep, perform and observe all the covenants and conditions pursuant to the terms of the Master Indenture and this First Supplemental Indenture to be kept, performed and observed by it, and shall pay or cause to be paid to the Trustee all sums of money due or to become due to it in accordance with the terms and provisions of the Master Indenture and this First Supplemental Indenture, then upon such final payments, this First Supplemental Indenture and the rights hereby granted shall cease and terminate, with respect to the Series 2025 Bond or such portion thereof, otherwise this First Supplemental Indenture shall remain in full force and effect;
THIS	FIRST	SUPPLEMENTAL	INDENTURE	FURTHER
WITNESSETH, and it is expressly declared, that the Series 2025 Bond issued and secured hereunder is to be issued, authenticated and delivered and all of the rights
and property pledged to the payment thereof are to be dealt with and disposed of under, upon and subject to the terms, conditions, stipulations, covenants, agreements, trusts, uses and purposes as expressed in the Master Indenture (except as amended directly or by implication by this First Supplemental Indenture) and this First Supplemental Indenture, and the District has agreed and covenanted, and does hereby agree and covenant, with the Trustee and with the Owner of the Series 2025 Bond, as follows:

ARTICLE I DEFINITIONS
Section 101. Definitions. All terms used herein that are defined in the recitals hereto are used with the same meaning herein unless the context clearly requires otherwise. All terms used herein that are defined in the Master Indenture are used with the same meaning herein (including the use of such terms in the recitals hereto and the granting clauses hereof) unless (a) expressly given a different meaning herein or (b) the context clearly requires otherwise. In addition, unless the context clearly requires otherwise, the following terms used herein shall have the following meanings:
"Arbitrage Certificate" shall mean the Certificate as to Arbitrage and Certain Other Tax Matters of the District dated as of September 19, 2025.
"Assessment Methodology" shall mean the Special Assessment Methodology Report for the Special Assessment Refunding and Revenue Bond, Series 2025, dated [July 23], 2025, prepared by the Methodology Consultant.
"Authorized Denomination" shall mean, with respect to the Series 2025 Bond, the then Outstanding principal amount of the Series 2025 Bond, from time to time; provided, however, that any partial redemption of the Series 2025 Bond shall be in integral whole number multiples of $1,000.
"Bank" or "Owner" shall mean initially, Seacoast National Bank, a national banking association and/or its affiliates, successors and assigns that are permitted transferees hereunder, as the initial registered owner (or its authorized representative) of the Series 2025 Bond.
"Delinquent Assessment Interest" shall mean Series 2025 Assessment Interest deposited by the District with the Trustee on or after May 1 of the year in which such Series 2025 Assessment Interest has, or would have, become delinquent under State law or the Series 2025 Assessment Proceedings applicable thereto.
"Delinquent Assessment Principal" shall mean Series 2025 Assessment Principal deposited by the District with the Trustee on or after May 1 of the year in which  such  Series  2025  Assessment  Principal  has,  or  would  have,  become
delinquent under State law or the Series 2025 Assessment Proceedings applicable thereto.
"Delinquent Assessments" shall mean, collectively, Delinquent Assessment Principal and Delinquent Assessment Interest.
"Determination of Taxability" shall mean (a) the issuance by the Internal Revenue Service of a statutory notice of deficiency or other written notification which holds in effect that the interest payable on the Series 2025 Bond is includable for federal income tax purposes in the gross income of the Owner thereof, which notice or notification is not successfully contested by either the District or any Owner of the Series 2025 Bond, or (b) a determination by a court of competent jurisdiction that the interest payable on the Series 2025 Bond is includable for federal income tax purposes in the gross income of the Owner thereof, which determination either is final and non-appealable or is not appealed within the requisite time period for appeal, or (c) the admission in writing by the District to the effect that interest on the Series 2025 Bond is includable for federal income tax purposes in the gross income of the Owner thereof; provided, however, any such notice, determination or admission shall be based solely upon an action or inaction of the District. The effective date of the Determination of Taxability shall be the date such interest is includable in gross income.
"Engineer's Report" shall mean the Engineer's Report, dated July 16, 2025, prepared by Matthews ǀ DCCM, a copy of which is attached hereto as Exhibit A.
"Escrow Deposit Agreement" shall mean the Escrow Deposit Agreement between the District and the Trustee, as escrow agent, relating to the payment and redemption of the Refunded Bonds.
"Escrow Fund" shall mean the fund created and established to pay and redeem the Refunded Bonds pursuant to the Escrow Deposit Agreement.
"Interest Payment Date" shall mean each May 1 and November 1, commencing November 1, 2025.
"Methodology Consultant" shall mean Governmental Management Services, LLC.
"Redemption Date" shall mean an Interest Payment Date in the case of a partial redemption of the Series 2025 Bond, or any date in the case of the redemption in full of the Series 2025 Bond.
"Series 2025 Assessment Interest" shall mean the interest on the Series 2025 Assessments which is pledged to the Series 2025 Bond.
"Series 2025 Assessment Principal" shall mean the principal amount of Series 2025 Assessments received by the District which represents a proportionate
amount of the principal of and Amortization Installments of the Series 2025 Bond, other than applicable Delinquent Assessment Principal and Series 2025 Prepayments.
"Series 2025 Assessment Proceedings" shall mean the proceedings of the District with respect to the establishment, levy and collection of the Series 2025 Assessments which include Resolution Nos. 2025-06, 2025-09 and 2025-11, adopted by the Governing Body of the District, and any supplemental proceedings undertaken by the District with respect to the Series 2025 Assessments and the Assessment Methodology as approved thereby.
"Series 2025 Assessment Revenues" shall mean all revenues derived by the District from the Series 2025 Assessments, including Delinquent Assessments, proceeds from any foreclosure of the lien of Delinquent Assessments and any statutory interest on the Delinquent Assessments collected by the District in excess of the rate of interest on the Series 2025 Bond.
"Series 2025 Investment Obligations" shall mean and includes any of the following securities, if and to the extent that such securities are legal investments for funds of the District:
	a.	Government Obligations;
	b.	Bonds, debentures, notes or other evidences of indebtedness issued by any of the following agencies or such other government – sponsored agencies which may presently exist or be hereafter created; provided that, such bonds, debentures, notes or other evidences of indebtedness are fully guaranteed as to both principal and interest by the Government National Mortgage Association (including participation certificates issued by such association); Fannie Mae (including participation certificates issued by such entity); Federal Home Loan Banks; Federal Farm Credit Banks; Tennessee Valley Authority; Federal Home Loan Mortgage Corporation and repurchase agreements secured by such obligations, which funds are rated in the highest categories for such funds by both Moody's and S&P at the time of purchase;
	c.	Both (i) shares of a diversified open-end management investment company (as defined in the Investment Company Act of 1940) or a regulated investment company (as defined in Section 851(a) of the Code) that is a money market fund that is rated in the highest rating category for such funds by Moody's and S&P, and (ii) shares of money market mutual funds that invest only in the obligations described in (a) and (b) above;
	d.	Money market deposit accounts, time deposits, and certificates of deposits issued by commercial banks, savings and loan associations or mutual savings banks whose short-term obligations are rated, at the time of purchase, in
one of the two highest rating categories, without regard to gradation, by Moody's and S&P; and
	a.	Commercial paper (having maturities of not more than 270 days) rated, at the time of purchase, in one of the two highest rating categories, without regard to gradation, by Moody's and S&P.
Under all circumstances, the Trustee shall be entitled to conclusively rely that any investment directed in writing by an Authorized Officer of the District is permitted under the Indenture and is a legal investment for funds of the District.
"Series 2025 Prepayment Interest" shall mean the interest on the Series 2025 Prepayments received by the District.
"Series 2025 Prepayments" shall mean the excess amount of Series 2025 Assessment Principal received by the District over the Series 2025 Assessment Principal included within a Series 2025 Assessment appearing on any outstanding and unpaid tax bill or direct collect invoice, whether or not mandated to be prepaid in accordance with the Series 2025 Assessment Proceedings. Anything herein or in the Master Indenture to the contrary notwithstanding, the term Series 2025 Prepayments shall not mean the proceeds of any Refunding Bonds or other borrowing of the District.
"Taxable Rate" shall mean an interest rate on the Series 2025 Bond which will result in the same after-tax yield to the Owner of the Series 2025 Bond as before a Determination of Taxability; provided, however, the Taxable Rate shall not exceed 5.67% per annum. The determination of the Taxable Rate, including any partial application as provided in Section 203 of this First Supplemental Indenture, shall be made by the Owner in good faith and shall be conclusive and binding upon the District absent manifest error. Written notice of the Taxable Rate shall be given to the District and the Trustee by the Owner and the District agrees that the Trustee may conclusively rely on the information in such notice.
"Tax Exempt Rate" shall mean 4.50% per annum.

ARTICLE II
AUTHORIZATION, ISSUANCE AND PROVISIONS OF SERIES 2025 BOND
Section 201.  Authorization of Series 2025 Bond. The Series 2025 Bond is hereby authorized to be issued in the principal amount of $6,815,000 for the purposes enumerated in the recitals hereto to be designated "Wynnfield Lakes Community Development District Capital Improvement Revenue and Refunding Bond, Series 2025." The Series 2025 Bond shall be substantially in the form attached hereto as Exhibit B and shall bear the designation "2025R-1."
The Series 2025 Bond shall be initially issued in the form of a separate single certificated fully registered Series 2025 Bond. Subject to Section 205 hereof, the provisions of the Master Indenture with respect to the registration, transfer and exchange of Bonds shall apply to the Series 2025 Bond.
Section 202.  Terms. The Series 2025 Bond shall be issued as one (1) Term Bond, shall be dated as of the date of its issuance and delivery to the initial purchaser thereof, shall bear interest at the fixed interest rate per annum, subject to adjustment as hereinafter provided, and shall mature in the amount and on the date set forth below:

Principal Amount		Maturity Date		Initial Interest Rate	
$6,815,000		May 1, 2041		4.50%	
Section 203. Dating; Interest Accrual; Interest Adjustment. (a) The Series 2025 Bond shall be dated September 19, 2025. The Series 2025 Bond shall also bear its date of authentication. The Series 2025 Bond shall bear interest at the Tax Exempt Rate from the Interest Payment Date to which interest has been paid next preceding the date of its authentication, unless the date of its authentication
(i) is an Interest Payment Date to which interest on the Series 2025 Bond has been paid, in which event the Series 2025 Bond shall bear interest from its date of authentication, or (ii) is prior to the first Interest Payment Date for the Series 2025 Bond, in which event the Series 2025 Bond shall bear interest from its date. Interest on the Series 2025 Bond shall be due and payable on each May 1 and November 1, commencing November 1, 2025.
	b.	Interest on the Series 2025 Bond will be computed in all cases on the basis of a 360-day year comprised of twelve (12) thirty (30) day months. Interest on overdue principal and, to the extent lawful, on overdue interest will be payable at the numerical rate of interest borne by the Series 2025 Bond from the day before the default occurred.
	c.	If there is a Determination of Taxability, the Series 2025 Bond shall bear interest at the Taxable Rate from the effective date of the Determination of Taxability. The District hereby covenants that on each date it certifies for collection Series 2025 Assessments following the effective date of the Determination of Taxability, it will certify for collection Series 2025 Assessments in an amount that will provide sufficient Series 2025 Pledged Revenues to pay, in addition to the current year's Debt Service, the difference between the Tax Exempt Rate and the Taxable Rate from the effective date of the Determination of Taxability, which may be the date of issuance, to the immediately succeeding November 1 (the "Taxable Rate Differential"); provided, however, that such levy will not cause the interest component of the Series 2025 Assessments to exceed the Taxable Rate. In the event there is a Determination of Taxability, and the District is unable to certify for collection the full amount of the Taxable Rate Differential during the remaining term of the Series 2025 Bond without exceeding the Taxable Rate, the District
would have no other obligation to levy and recover the portion of Taxable Rate Differential exceeding the Taxable Rate. If the amount of Series 2025 Assessments certified for collection by the District in such years are insufficient to pay the Taxable Rate Differential such insufficiency, in and of itself, shall not be an Event of Default so long as the interest component of such Series 2025 Assessments is at least the Taxable Rate.
In the event that interest on the Series 2025 Bond during any period becomes partially taxable as a result of a Determination of Taxability applicable to less than all of the Series 2025 Bond, then the interest rate on the Series 2025 Bond shall be increased during such period by an amount equal to (A-B) x C where:
	ii.	"A" equals the Taxable Rate (expressed as a percentage);
	iii.	"B" equals the interest rate on the Series 2025 Bond absent such Determination of Taxability (expressed as a percentage); and
	iv.	"C" equals the portion of the Series 2025 Bond the interest on which has become taxable as the result of such Determination of Taxability (expressed as a decimal).
	c.	The Trustee is entitled to assume, in the absence of notice from the Owner to the contrary, that the Series 2025 Bond bears interest at the Tax Exempt Rate. Additionally, the Trustee is entitled to assume that the Taxable Rate and the amount of the Taxable Rate Differential provided by the Owner are correct.
Section 204.  Denominations. The Series 2025 Bond shall be issued in the Authorized Denomination.
Section 205. Transfer Restrictions. The registration of ownership of the Series 2025 Bond may be transferred only in whole and only to a Qualified Institutional Buyer (as defined in Section 517.021(20), Florida Statutes), certified by the transferee to the Trustee in writing, on which certification the Trustee may conclusively rely. The Series 2025 Bond shall bear a legend consistent with this Section 205.
Section 206. Bond Registrar and Paying Agent. The District appoints the Trustee as Bond Registrar and Paying Agent for the Series 2025 Bond.
Section 207.  Conditions Precedent to Issuance of Series 2025 Bond. In addition to complying with the requirements set forth in the Master Indenture in connection with the issuance of the Series 2025 Bond, the Series 2025 Bond shall be executed by the District for delivery to the Trustee and thereupon shall be authenticated by the Trustee and delivered to the District or upon its order, but only upon the further receipt by the Trustee and the Bank of:
	a.	certified copies of the Series 2025 Assessment Proceedings;
	b.	executed copies of the Master Indenture and this First Supplemental Indenture;
	c.	a customary Bond Counsel opinion in a form satisfactory to the Bank;
	d.	an opinion of Counsel to the District to the effect that all proceedings undertaken by the District with respect to the Series 2025 Assessments have been in accordance with State law, the District has taken all action necessary to levy and impose the Series 2025 Assessments and the Series 2025 Assessments are legal, valid and binding first liens upon the property against which such Series 2025 Assessments are made, coequal with the lien of all State, county, district and municipal taxes, superior in dignity to all other liens, titles and claims, until paid;
	e.	a certificate of an Authorized Officer to the effect that, upon the authentication and delivery of the Series 2025 Bond, the District will not be in default in the performance of the terms and provisions of the Master Indenture or this First Supplemental Indenture;
	f.	an Engineer's Certificate and a copy of the Engineer's Report, which sets forth the estimated Costs of the Series 2025 Project;
	g.	a certificate of the Methodology Consultant to the effect that the benefit from the Capital Improvement Program and the Series 2025 Project equals or exceeds the amount of Series 2025 Assessments, the Series 2025 Assessments are fairly and reasonably allocated across the lands subject to the Series 2025 Assessments and the Series 2025 Assessments are sufficient to pay Debt Service on the Series 2025 Bond;
	h.	an executed Escrow Deposit Agreement and a verification report prepared by Causey Public Finance, LLC;
	i.	the defeasance opinion of bond counsel required by the Master Indenture; and
	j.	a certified copy of the final judgment of validation in respect of the Bonds together with a certificate of no appeal.
Payment to the Trustee of the net proceeds from the issuance of the Series 2025 Bond shall conclusively evidence that the foregoing conditions precedent have been met to the satisfaction of the Bank.
[Remainder of Page Intentionally Left Blank]
ARTICLE III REDEMPTION OF SERIES 2025 BOND
Section 301. Series 2025 Bond Subject to Redemption. The Series 2025 Bond is subject to redemption prior to maturity as provided in the form thereof attached hereto as Exhibit B. Interest on the Series 2025 Bond or portion thereof called for redemption shall be paid on the date of redemption from the Series 2025 Interest Account or from the Series 2025 Revenue Account to the extent moneys in the Series 2025 Interest Account are insufficient for such purpose. Moneys in the Series 2025 Optional Redemption Subaccount shall be applied in accordance with Section 506 of the Master Indenture to the optional redemption of the Series 2025 Bond.

ARTICLE IV
DEPOSIT OF SERIES 2025 BOND PROCEEDS AND APPLICATION THEREOF; ESTABLISHMENT OF ACCOUNTS AND OPERATION THEREOF
Section 401.  Establishment of Accounts. There are hereby established, as needed, the following Accounts:
	a.	within the Acquisition and Construction Fund held by the Trustee, a Series 2025 Acquisition and Construction Account and a Series 2025 Costs of Issuance Account;
	b.	within the Debt Service Fund held by the Trustee: (i) a Series 2025 Debt Service Account and therein a Series 2025 Sinking Fund Account, a Series 2025 Interest Account and a Series 2025 Capitalized Interest Account; and (ii) a Series 2025 Redemption Account and therein a Series 2025 Prepayment Subaccount and a Series 2025 Optional Redemption Subaccount;
	c.	within the Revenue Fund held by the Trustee, a Series 2025 Revenue Account; and
	d.	within the Rebate Fund held by the Trustee, a Series 2025 Rebate Account.
For the Series 2025 Bond, the Series Reserve Account Requirement is $0 and, therefore, no Series Reserve Account is established herein.
Section 402.  Use of Series 2025 Bond Proceeds. The net proceeds of sale of the Series 2025 Bond in the amount of $6,780,925.00 (consisting of
$6,815,000.00 principal amount of the Series 2025 Bond, less the commitment fee of the Bank in the amount of $34,075.00), plus $384,991.93 of other moneys (consisting of $262,317.70 transferred from the Series 2014 Debt Service Reserve
Account established under the 2014 Indenture and $122,674.23 transferred from the Series 2014 Revenue Account established under the 2014 Indenture), for a grand total of $7,165,916.93, shall as soon as practicable upon the delivery thereof to the Trustee by the District pursuant to Section 207 of the Master Indenture, be applied as follows:
	a.	$250,368.74 from the proceeds of the Series 2025 Bond, representing the remaining costs of issuance, including rounding, relating to the Series 2025 Bond, shall be deposited to the credit of the Series 2025 Costs of Issuance Account;
	b.	$2,223,840.00 from the proceeds of the Series 2025 Bond shall be deposited to the credit of the Series 2025 Acquisition and Construction Account;
	c.	$22,890.00 shall be transferred from the Series 2014 Revenue Account established under the 2014 Indenture to the Series 2025 Interest Account and applied to the payment of interest coming due on the Series 2025 Bond through November 1, 2025;
	d.	$123,363.75 from the proceeds of the Series 2025 Bond, representing Capitalized Interest on the Series 2025 Bond on May 1, 2026 and November 1, 2026, shall be deposited to the credit of the Series 2025 Capitalized Interest Account; and
	e.	the balance of the proceeds of the Series 2025 Bond, $4,183,352.51, together with $262,317.70 transferred from the Series 2014 Debt Service Reserve Account established under the 2014 Indenture and $99,784.23 transferred from the Series 2014 Revenue Account established under the 2014 Indenture for a total of
$4,545,454.44, shall be deposited to the Escrow Fund established pursuant to the Escrow Deposit Agreement to refund and redeem the Refunded Bonds on September 29, 2025.
Upon the defeasance of the Refunded Bonds, the Trustee is directed to transfer any remaining balance in the Funds and Accounts for the Refunded Bonds to the Series 2025 Revenue Account and, as contemplated by Section 14.01 of the Prior Master Indenture, to close all Funds and Accounts for the Refunded Bonds.
Section 403. Series 2025 Acquisition and Construction Account; Series 2025 Costs of Issuance Account. (a) Amounts on deposit in the Series 2025 Acquisition and Construction Account shall be applied to pay Costs of the Series 2025 Project upon compliance with the requisition provisions set forth in Section 503(b) of the Master Indenture and on the form attached hereto as Exhibit
C. The Trustee shall have no duty to verify that any requested disbursement from the Series 2025 Acquisition and Construction Account is for a Cost of the Series 2025 Project. The Consulting Engineer shall establish a Date of Completion for the Series 2025 Project, and any balance remaining in the Series 2025 Acquisition and Construction Account after such Date of Completion (taking into account the
moneys then on deposit therein to pay any accrued but unpaid Costs of the Series 2025 Project which are required to be reserved in the Series 2025 Acquisition and Construction Account in accordance with the certificate of the Consulting Engineer delivered to the District and the Trustee establishing such Date of Completion), shall be transferred to the Series 2025 Prepayment Subaccount and applied to the extraordinary mandatory redemption of the Series 2025 Bond in accordance with Section 301 hereof and in the manner prescribed in the form of Series 2025 Bond attached hereto as Exhibit B, whereupon the Series 2025 Acquisition and Construction Account shall be closed.
(b)  The amount deposited in the Series 2025 Costs of Issuance Account shall, at the written direction of an Authorized Officer to the Trustee, be used to pay the costs of issuance relating to the Series 2025 Bond. On the date of issuance of the Series 2025 Bond, costs of issuance shall be paid pursuant to the instructions in the closing memorandum prepared by the placement agent. On the earlier to occur of (x) the written direction of an Authorized Officer or (y) six (6) months from the date of issuance of the Series 2025 Bond, any amounts deposited in the Series 2025 Costs of Issuance Account for which the Trustee has not received a requisition to pay such costs shall be transferred over and deposited into the Series 2025 Acquisition and Construction Account and used for the purposes permitted therefor. Any deficiency in the amount allocated to pay the costs of issuance relating to the Series 2025 Bond shall be paid from excess moneys on deposit in the Series 2025 Revenue Account pursuant to Section 408(d) THIRD hereof. When such deficiency has been satisfied and no moneys remain therein, the Series 2025 Costs of Issuance Account shall be closed.
Section 404. Series 2025 Capitalized Interest Account. Amounts on deposit in the Series 2025 Capitalized Interest Account shall, on May 1, 2026 and November 1, 2026, be transferred into the Series 2025 Interest Account and applied to the payment of interest first coming due on the Series 2025 Bond in accordance with Section 408(d) hereof, and thereafter transferred into the Series 2025 Acquisition and Construction Account, whereupon the Series 2025 Capitalized Interest Account shall be closed.
Section 405.	Reserved.
Section 406. Amortization Installments; Order of Redemption. (a) The Amortization Installments established for the Series 2025 Bond shall be as set forth in the form of Series 2025 Bond attached hereto.
(b)  Upon any redemption of the Series 2025 Bond (other than any portion of the Series 2025 Bond redeemed in accordance with scheduled Amortization Installments and other than any portion of the Series 2025 Bond redeemed at the direction of the District accompanied by a cash flow certificate as required by Section 506(b) of the Master Indenture), the District shall cause to be recalculated and delivered to the Trustee revised Amortization Installments recalculated so as to
reamortize the remaining Outstanding Series 2025 Bond, after giving effect to such redemption, in substantially equal annual installments of principal and interest (subject to rounding to $1,000 integral amounts of principal, except for the final installment) over the remaining term of the Series 2025 Bond.
Section 407. Tax Covenants. The District shall comply with the Arbitrage Certificate, including but not limited to the Tax Regulatory Covenants set forth as an exhibit to the Arbitrage Certificate, as amended and supplemented from time to time in accordance with their terms.
Section 408. Series 2025 Revenue Account; Application of Revenues and Investment Earnings. (a) The Trustee is hereby authorized and directed to deposit any and all amounts required to be deposited in the Series 2025 Revenue Account by this Section 408 or by any other provision of the Master Indenture or this First Supplemental Indenture, and any other amounts or payments specifically designated by the District pursuant to a written direction or by a Supplemental Indenture for said purpose. The Series 2025 Revenue Account shall be held by the Trustee separate and apart from all other Funds and Accounts held under the Indenture and from all other moneys of the Trustee.
	b.	The Trustee shall deposit into the Series 2025 Revenue Account (i) Series 2025 Assessment Revenues other than Series 2025 Prepayments (which Series 2025 Prepayments shall be identified by the District to the Trustee as such in writing upon deposit, upon which certification the Trustee may conclusively rely, and which shall be deposited into the Series 2025 Prepayment Subaccount), (ii) Series 2025 Prepayment Interest, and (iii) any other revenues required by other provisions of the Indenture to be deposited into the Series 2025 Revenue Account.
	c.	On the forty-fifth (45th) day preceding each Interest Payment Date (or if such forty-fifth (45th) day is not a Business Day, on the Business Day preceding such forty-fifth (45th) day), the Trustee shall determine the amount on deposit in the Series 2025 Prepayment Subaccount and, if the balance therein is greater than zero, shall, upon written direction from the District, transfer from the Series 2025 Revenue Account for deposit into the Series 2025 Prepayment Subaccount an amount sufficient to increase the amount on deposit therein to the nearest integral multiple of $1,000 (provided that there are sufficient funds remaining in the Series 2025 Revenue Account to pay Debt Service coming due on the Series 2025 Bond on the next succeeding Interest Payment Date), and shall thereupon give notice and cause the extraordinary mandatory redemption of all or a portion of the Series 2025 Bond on the next succeeding Interest Payment Date in the maximum principal amount for which moneys are then on deposit in the Series 2025 Prepayment Subaccount in accordance with the provisions for extraordinary mandatory redemption of all or a portion of the Series 2025 Bond set forth in the form of Series 2025 Bond attached hereto, Section 301 hereof, and Article III of the Master Indenture.
	d.	On May 1, 2026 and November 1, 2026 (or if such May 1 or November 1 is not a Business Day, on the Business Day preceding such May 1 or November 1), the Trustee shall first transfer from the Series 2025 Capitalized Interest Account to the Series 2025 Interest Account the lesser of (x) the amount of interest coming due on the Series 2025 Bond on such May 1 or November 1, less the amount already on deposit in the Series 2025 Interest Account, or (y) the amount remaining in the Series 2025 Capitalized Interest Account. Taking into account the foregoing transfers, on each May 1 or November 1 (or if such May 1 or November 1 is not a Business Day, on the Business Day preceding such May 1 or November 1), the Trustee shall then transfer amounts on deposit in the Series 2025 Revenue Account to the Accounts designated below in the following amounts and in the following order of priority:
FIRST, to the Series 2025 Interest Account, the amount, if any, equal to the difference between the amount of interest payable on the Series 2025 Bond then Outstanding on such May 1 or November 1, and the amount already on deposit in the Series 2025 Interest Account not previously credited;
SECOND, on May 1, 2026, and on each May 1 thereafter, to the Series 2025 Sinking Fund Account, the amount, if any, equal to the difference between the Amortization Installment due on such May 1 and the amount already on deposit in the Series 2025 Sinking Fund Account not previously credited; and
THIRD, the balance shall first be deposited into the Series 2025 Costs of Issuance Account to fund any deficiencies in the amount allocated to pay the costs of issuance relating to the Series 2025 Bond, and then the balance shall be retained in the Series 2025 Revenue Account.
On each November 2 (or if such November 2 is not a Business Day, on the next Business Day thereafter), the balance on deposit in the Series 2025 Revenue Account on such November 2 shall be paid over to the District at the written direction of an Authorized Officer of the District and used for any lawful purpose of the District; provided however, that on the date of such proposed transfer (a) there are no fees or expenses of the Trustee due, (b) the Trustee shall not have actual knowledge (as described in Section 606 of the Master Indenture) of an Event of Default under the Master Indenture or hereunder relating to the Series 2025 Bond, and (c) no Rebate Amount is due.
	b.	On any date required by the Arbitrage Certificate, the District shall give the Trustee written direction to, and the Trustee shall, transfer from the Series 2025 Revenue Account to the Series 2025 Rebate Account the amount due and owing to the United States, which amount shall be paid to the United States when due in accordance with such Arbitrage Certificate.
	c.	Anything herein or in the Master Indenture to the contrary notwithstanding, moneys on deposit in all of the Funds and Accounts held as
security for the Series 2025 Bond shall be invested only in Series 2025 Investment Obligations. Earnings on investments in the Series 2025 Acquisition and Construction Account, the Series 2025 Interest Account and the Series 2025 Capitalized Interest Account shall be retained, as realized, in such Accounts and used for the purpose of such Accounts. Earnings on investments in all other Funds and Accounts shall be deposited, as realized, to the credit of the Series 2025 Revenue Account and used for the purpose of such Account.

ARTICLE V CONCERNING THE TRUSTEE
Section 501. Acceptance by Trustee. The Trustee accepts the trusts declared and provided in this First Supplemental Indenture and agrees to perform such trusts upon the terms and conditions set forth herein and in the Master Indenture.
Section 502. Limitation of Trustee's Responsibility. The Trustee shall not be responsible in any manner for the due execution of this First Supplemental Indenture by the District or for the recitals contained herein, all of which are made solely by the District.
Section 503. Trustee's Duties. Nothing contained herein shall limit the rights, benefits, privileges, protection and entitlements inuring to the Trustee under the Master Indenture, including, particularly, Article VI thereof.

ARTICLE VI ADDITIONAL BONDS
Section 601. No Parity Bonds. Other than Refunding Bonds issued to refund the then Outstanding Series 2025 Bond, the issuance of which results in net present value Debt Service savings, the District shall not, while the Series 2025 Bond is Outstanding, issue or incur any debt payable in whole or in part from the Series 2025 Trust Estate.

ARTICLE VII MISCELLANEOUS
Section 701. Confirmation of Master Indenture. As supplemented by this First Supplemental Indenture, the Master Indenture is in all respects ratified and confirmed, and this First Supplemental Indenture shall be read, taken and construed as a part of the Master Indenture so that all of the rights, remedies,
terms, conditions, covenants and agreements of the Master Indenture, except insofar as modified herein, shall apply and remain in full force and effect with respect to this First Supplemental Indenture and to the Series 2025 Bond issued hereunder.
Section 702. Collection of Assessments. Anything herein or in the Master Indenture to the contrary notwithstanding but subject to the immediately succeeding sentence, Series 2025 Assessments pledged hereunder to secure the Series 2025 Bond shall be collected pursuant to the Uniform Method. To the extent the District is not able to collect such Series 2025 Assessments pursuant to the Uniform Method or to the extent the District determines that it is not in its best interest to use the Uniform Method, the District may elect to collect and enforce such Series 2025 Assessments pursuant to any then available and commercially reasonable method under the Act, Chapter 170, Florida Statutes, Chapter 197, Florida Statutes, or any successor statutes thereto. The District covenants and agrees to levy and collect the Series 2025 Assessments applicable to each property within the District benefited by the Capital Improvement Program and the Series 2025 Project sufficient to pay principal and interest on the Series 2025 Bond.
Section 703. Additional Covenants of the District. For so long as the Series 2025 Bond is Outstanding, the District covenants and agrees that it will provide, at its own expense, to the Bank: (a) a copy of its audited financial statements no later than nine (9) months following the end of each Fiscal Year, beginning with the audited financial statements for the Fiscal Year ending September 30, 2025; and (b) a copy of its internally prepared unaudited annual financial statements no later than ninety (90) days following the end of each Fiscal Year, beginning with the Fiscal Year ending September 30, 2025.
Failure to provide the financial statements and reports as provided in the preceding paragraph, after three (3) Business Days' written notice from the Bank to the District, the District Manager and legal counsel to the District, with a copy to the Trustee, shall constitute a "Financial Covenant Reporting Failure." Upon the occurrence of a Financial Covenant Reporting Failure, the Bank may enforce the provisions of this section by action in mandamus or specific performance, to compel performance of the District's financial reporting obligations under this section. A Financial Covenant Reporting Failure under this section shall not constitute an Event of Default under the Master Indenture.
The District covenants and agrees that it will maintain its primary operating account, money market account and reserve account with the Bank for the term of the Series 2025 Bond so long as Seacoast National Bank is the Owner and so long as the Bank's fees remain competitive with market fees.
Section 704. Owner Direction and Consent with Respect to Series 2025 Acquisition and Construction Account Upon Occurrence of Event of Default. In accordance with the provisions of the Indenture, the Series
2025 Bond is payable solely from the Series 2025 Pledged Revenues and the Series 2025 Pledged Funds held by the Trustee under the Indenture for such purpose. Anything in the Indenture to the contrary notwithstanding, the District hereby acknowledges that (a) the Series 2025 Pledged Funds include, without limitation, all amounts on deposit in the Series 2025 Acquisition and Construction Account then held by the Trustee, (b) upon the occurrence of an Event of Default with respect to the Series 2025 Bond, the Series 2025 Pledged Funds may not be used by the District (whether to pay Costs of the Series 2025 Project or otherwise) without the written consent of the Owner, except to the extent that prior to the occurrence of the Event of Default the District had incurred a binding obligation with third parties for work on the Series 2025 Project and payment is for such work, and (c) upon the occurrence of an Event of Default with respect to the Series 2025 Bond, the Series 2025 Pledged Funds may be used by the Trustee, at the direction or with the approval of the Owner, to pay the reasonable costs and expenses incurred in connection with the pursuit of remedies under the Indenture. The District shall not enter into any binding agreement with respect to the Series 2025 Project that will cause the expenditure of additional funds from the Series 2025 Trust Estate after the occurrence and during the continuance of an Event of Default unless authorized in writing by the Owner.
Section 705. Payment of Rebate Amount. Anything herein or in the Master Indenture to the contrary notwithstanding, the District shall cause a Rebate Analyst to determine the Rebate Amount, if any, at the times and in the manner provided in the Tax Regulatory Covenants attached as an exhibit to the Arbitrage Certificate. If a Rebate Amount shall be due, the District shall deliver to the Trustee the written direction of an Authorized Officer to pay from the Series 2025 Rebate Account, or from any other available funds as shall be provided in such written direction, the Rebate Amount to the District for remittance to the Internal Revenue Service. The Trustee may conclusively rely on such written direction and shall have no responsibility for the calculation or payment of the Rebate Amount, if any. Notwithstanding Section 507(b) of the Master Indenture, the District shall not be required to provide the report of the Rebate Analyst to the Trustee.
Section 706. Payment Dates. In any case in which an Interest Payment Date or the maturity date of the Series 2025 Bond or the date fixed for the redemption of the Series 2025 Bond shall be other than a Business Day, then payment of interest, principal or Redemption Price need not be made on such date but may be made on the next succeeding Business Day, with the same force and effect as if made on the due date, and no interest on such payment shall accrue for the period after such due date if payment is made on such next succeeding Business Day.
[Remainder of Page Intentionally Left Blank]
IN WITNESS WHEREOF, Wynnfield Lakes Community Development District has caused this First Supplemental Indenture to be signed in its name and on its behalf by its Chair, and its official seal to be hereunto affixed and attested by its Secretary, thereunto duly authorized, and to evidence its acceptance of the trusts hereby created, the Trustee has caused this First Supplemental Indenture to be signed in its name and on its behalf by its duly authorized Vice President.
(SEAL)

Attest:
WYNNFIELD LAKES COMMUNITY DEVELOPMENT DISTRICT

By:	
Secretary	Chair, Board of Supervisors

U.S. BANK TRUST COMPANY, NATIONAL ASSOCIATION,
as Trustee

By:		 Vice President
EXHIBIT A
DESCRIPTION OF SERIES 2025 PROJECT
[See Report of Consulting Engineer Attached Hereto]
EXHIBIT B
FORM OF SERIES 2025 BOND
THE REGISTRATION OF OWNERSHIP OF THIS BOND MAY BE TRANSFERRED ONLY IN WHOLE AND ONLY TO A QUALIFIED INSTITUTIONAL BUYER (AS DEFINED IN SECTION 517.021(20), FLORIDA STATUTES) AS PROVIDED IN THE INDENTURE
No. 2025R-1	$6,815,000
UNITED STATES OF AMERICA STATE OF FLORIDA
WYNNFIELD LAKES COMMUNITY DEVELOPMENT DISTRICT CAPITAL IMPROVEMENT REVENUE AND REFUNDING BOND, SERIES 2025

Initial Interest Rate (subject to adjustment)		Maturity Date		Dated Date	
4.50%		May 1, 2041		September 19, 2025	
Registered Owner:   SEACOAST NATIONAL BANK
Principal Amount:    SIX MILLION EIGHT HUNDRED FIFTEEN
THOUSAND DOLLARS
WYNNFIELD LAKES COMMUNITY DEVELOPMENT DISTRICT, a
community development district duly established and existing pursuant to Chapter 190, Florida Statutes (the "District"), for value received, hereby promises to pay (but only out of the sources hereinafter mentioned) to the registered Owner set forth above, or registered assigns, on the maturity date shown hereon, unless this Bond shall have been called for redemption in whole or in part and payment of the Redemption Price (as defined in the Indenture hereinafter mentioned) shall have been duly made or provided for, the principal amount shown above and to pay (but only out of the sources hereinafter mentioned) interest on the outstanding principal amount hereof from the most recent Interest Payment Date to which interest has been paid or provided for or, if no interest has been paid, from the Dated Date shown above on May 1 and November 1 of each year (each, an "Interest Payment Date"), commencing on November 1, 2025, until payment of said principal sum has been made or provided for, at the interest rate per annum set forth above, as adjusted as provided in the Supplemental Indenture (hereinafter defined). Notwithstanding the foregoing, if any Interest Payment Date is not a Business Day (as defined in the Indenture hereinafter mentioned), then all amounts due on such Interest Payment Date shall be payable on the first Business Day succeeding such Interest Payment Date, but shall be deemed paid on such Interest Payment Date.
The interest so payable, and punctually paid or duly provided for, on any Interest Payment Date will, as provided in the Indenture (hereinafter defined), be paid to the registered Owner hereof at the close of business on the regular Record Date for such interest, which shall be the fifteenth (15th) day of the calendar month preceding such Interest Payment Date or, if such day is not a Business Day, on the Business Day immediately preceding such day; provided, however, that on or after the occurrence and continuance of an Event of Default under clause (a) of Section 902 of the Master Indenture (hereinafter defined), the payment of interest and principal or Redemption Price or Amortization Installments shall be made by the Paying Agent (hereinafter defined) to such person who, on a special record date which is fixed by the Trustee, which shall be not more than fifteen (15) and not less than ten (10) days prior to the date of such proposed payment, appears on the registration books of the Bond Registrar as the registered Owner of this Bond. Upon a Determination of Taxability (as defined in the Supplemental Indenture), the interest rate shall be subject to adjustment pursuant to Section 203 of the Supplemental Indenture to the Taxable Rate, as set forth in the Supplemental Indenture and the District shall pay to the Owner certain additional amounts pursuant to such Section 203. Any payment of principal or Redemption Price shall be made to such person who appears on the registration books of the Bond Registrar as the registered Owner of this Bond at the close of business on the fifteenth (15th) day of the calendar month next preceding such payment or, if such day is not a Business Day, on the Business Day immediately preceding such day. Payment of interest shall be made by check or draft (or by wire transfer to the registered Owner set forth above if such Owner requests such method of payment in writing on or prior to the regular Record Date for the respective interest payment to such account as shall be specified in such request). Interest on this Bond will be computed on the basis of a 360-day year comprised of twelve (12) thirty (30) day months. Presentment of this Bond shall not be required for payment of principal or interest so long as the Bank (as defined in the Supplemental Indenture) is the registered Owner thereof; provided, however, that upon any partial redemption of this Bond in accordance with the Indenture, such portion of this Bond so redeemed shall be cancelled without physical surrender of this Bond by the registered Owner thereof. Records of all such redemptions shall be maintained by the Bond Registrar and shall be the basis for the principal amount of this Bond actually Outstanding at any given time. Capitalized terms used herein and not otherwise defined shall have the same meanings as set forth in the hereinafter defined Indenture.
This Bond is all of a duly authorized issue of Bonds of the District designated "Wynnfield Lakes Community Development District Capital Improvement Revenue and Refunding Bond, Series 2025" in the principal amount of $6,815,000 (the "Series 2025 Bond") issued under a Master Trust Indenture, dated as of September 1, 2025 (the "Master Indenture"), between the District and U.S. Bank Trust Company, National Association, as trustee (the "Trustee"), as supplemented by a First Supplemental Trust Indenture, dated as of September 1, 2025 (the "Supplemental  Indenture"  and  together  with  the  Master  Indenture,  the
"Indenture"), between the District and the Trustee. The District will apply the proceeds of the Series 2025 Bond, together with other funds of the District, to (a) currently refund and redeem all of the Outstanding principal amount of the District's Special Assessment Refunding Bonds, Series 2014, (b) finance the Cost of acquiring, constructing and equipping assessable improvements comprising the Series 2025 Project, (c) pay certain costs associated with the issuance of the Series 2025 Bond, and (d) pay a portion of the interest to become due on the Series 2025 Bond.
NEITHER THIS BOND NOR THE INTEREST AND PREMIUM, IF ANY, PAYABLE HEREON SHALL CONSTITUTE A GENERAL OBLIGATION OR GENERAL INDEBTEDNESS OF THE DISTRICT WITHIN THE MEANING OF THE CONSTITUTION AND LAWS OF FLORIDA. THIS BOND AND THE INTEREST AND PREMIUM, IF ANY, PAYABLE HEREON AND THEREON DO NOT CONSTITUTE EITHER A PLEDGE OF THE FULL FAITH AND CREDIT OF THE DISTRICT OR A LIEN UPON ANY PROPERTY OF THE DISTRICT OTHER THAN AS PROVIDED IN THE INDENTURE. NO OWNER OR ANY OTHER PERSON SHALL EVER HAVE THE RIGHT TO COMPEL THE EXERCISE OF ANY AD VALOREM TAXING POWER OF THE DISTRICT OR ANY OTHER PUBLIC AUTHORITY OR GOVERNMENTAL BODY TO PAY DEBT SERVICE OR TO PAY ANY OTHER AMOUNTS REQUIRED TO BE PAID PURSUANT TO THE INDENTURE OR THE TERMS HEREOF. RATHER, DEBT SERVICE AND ANY OTHER AMOUNTS REQUIRED TO BE PAID PURSUANT TO THE INDENTURE OR THE TERMS HEREOF SHALL BE PAYABLE SOLELY FROM, AND SHALL BE SECURED SOLELY BY, THE SERIES 2025 PLEDGED REVENUES AND THE SERIES 2025 PLEDGED FUNDS PLEDGED TO THE SERIES 2025 BOND, ALL AS PROVIDED HEREIN AND IN THE INDENTURE.
This Bond is issued under and pursuant to the Constitution and laws of the State of Florida, particularly Chapter 190, Florida Statutes, and other applicable provisions of law and pursuant to the Indenture, executed counterparts of which Indenture are on file at the corporate trust office of the Trustee. Reference is hereby made to the Indenture for the provisions, among others, with respect to the custody and application of the proceeds of the Series 2025 Bond issued under the Indenture, the collection and disposition of revenues and the funds charged with and pledged to the payment of the principal, Amortization Installments and Redemption Price of, and the interest on, the Series 2025 Bond, the nature and extent of the security thereby created, the covenants of the District with respect to the levy and collection of Series 2025 Assessments, the terms and conditions under which the Series 2025 Bond is or may be issued, the rights, duties, obligations and immunities of the District and the Trustee under the Indenture and the rights of the registered Owner of the Series 2025 Bond and, by the acceptance of this Bond, the registered Owner hereof assents to all of the provisions of the Indenture. The Series 2025 Bond is secured by the Series 2025 Trust Estate. The Supplemental Indenture does not authorize the issuance of any additional Bonds ranking on parity with the Series
2025 Bond as to the lien and pledge of the Series 2025 Trust Estate except, under certain circumstances, Refunding Bonds.
The Series 2025 Bond is issuable only as a single registered bond without coupons in current interest form in the denomination of the then Outstanding principal amount (the "Authorized Denomination"); provided, however, that any partial redemption of the Series 2025 Bond shall be in integral whole number multiples of $1,000. This Bond is transferable by the registered Owner hereof or its duly authorized attorney at the designated corporate trust office of the Trustee in Fort Lauderdale, Florida, as Bond Registrar (the "Bond Registrar"), subject to the restrictions set forth above and in the Supplemental Indenture, upon surrender of this Bond, accompanied by a duly executed instrument of transfer in form and with guaranty of signature reasonably satisfactory to the Bond Registrar, subject to such reasonable regulations as the District or the Bond Registrar may prescribe, and upon payment of any taxes or other governmental charges incident to such transfer. Upon any such transfer a new Bond, in the same principal amount as the Bond transferred, will be issued to the transferee. At the corporate trust office of the Bond Registrar in Fort Lauderdale, Florida, in the manner and subject to the limitations and conditions provided in the Master Indenture and without cost, except for any tax or other governmental charge, this Bond may be exchanged for an equal principal amount of the Bond, in the Authorized Denomination and bearing interest at the same rate.
The Series 2025 Bond is subject to redemption prior to maturity at the option of the District in whole or in part on any date on or after September 19, 2030, at the Redemption Price of the principal amount of the Series 2025 Bond or portion thereof to be redeemed together with accrued interest to the date of redemption.
The Series 2025 Bond is subject to mandatory redemption in part by the District prior to its scheduled maturity from moneys in the Series 2025 Sinking Fund Account established under the Supplemental Indenture in satisfaction of applicable Amortization Installments at the Redemption Price of the principal amount thereof, without premium, together with accrued interest to the date of redemption on May 1 of the years and in the principal amounts set forth below:
[Remainder of Page Intentionally Left Blank]
May 1
of the Year		Amortization Installment		May 1
of the Year		Amortization Installment	
2026		$315,000		2034		$495,000	
2027		360,000		2035		515,000	
2028		375,000		2036		535,000	
2029		395,000		2037		380,000	
2030		410,000		2038		390,000	
2031		430,000		2039		415,000	
2032		450,000		2040		430,000	
2033		470,000		2041*		450,000	

* Final maturity
Amortization Installments are subject to recalculation, as provided in the Supplemental Indenture, as the result of the redemption of the Series 2025 Bond other than from a scheduled Amortization Installment so as to reamortize the remaining Outstanding principal balance of the Series 2025 Bond as set forth in the Supplemental Indenture.
The Series 2025 Bond is subject to extraordinary mandatory redemption prior to maturity in whole or in part on any Redemption Date at the Redemption Price of 100% of the principal amount thereof, without premium, together with accrued interest to the Redemption Date, if and to the extent that any one or more of the following shall have occurred:
	a.	on or after the Date of Completion of the Series 2025 Project, by application of moneys transferred from the Series 2025 Acquisition and Construction Account to the Series 2025 Prepayment Subaccount as provided for in the Indenture; or
	b.	from amounts, including Series 2025 Prepayments, required by the Indenture to be deposited into the Series 2025 Prepayment Subaccount.
So long as the Series 2025 Bond is owned by the Bank, notice of redemption other than scheduled redemption, as to which no notice shall be required, shall be by written or electronic transmission to the Bank at the physical or electronic address of such registered Owner recorded on the bond register maintained by the Bond Registrar not less than ten (10) calendar days prior to the date of redemption.
In the event that the Series 2025 Bond is no longer owned by the Bank, notice of each redemption of all or a portion of the Series 2025 Bond is required to be mailed by the Bond Registrar, postage prepaid, not less than thirty (30) nor more than forty-five (45) days prior to the date of redemption to the registered Owner of the Series 2025 Bond at the address of such registered Owner recorded on the bond register maintained by the Bond Registrar. On the date designated for redemption,
notice having been given and money for the payment of the Redemption Price being held by the Paying Agent, all as provided in the Indenture, the Series 2025 Bond or such portion thereof so called for redemption shall become and be due and payable at the Redemption Price provided for the redemption of the Series 2025 Bond or such portion thereof on such date, interest on the Series 2025 Bond or such portion thereof so called for redemption shall cease to accrue, the Series 2025 Bond or such portion thereof so called for redemption shall cease to be entitled to any benefit or security under the Indenture and the Owner thereof shall have no rights in respect of the Series 2025 Bond or such portion thereof so called for redemption except to receive payments of the Redemption Price thereof so held by the Paying Agent. Further notice of redemption shall be given by the Bond Registrar to certain registered securities depositories and information services as set forth in the Indenture, but no defect in said further notice nor any failure to give all or any portion of such further notice shall in any manner defeat the effectiveness of a call for redemption if notice thereof is given as above prescribed.
Pursuant to the Indenture, notice of optional redemption may be conditioned upon the occurrence or non-occurrence of such event or events or upon the later deposit of moneys therefor as shall be specified in such notice of optional redemption and may also be subject to rescission by the District if expressly set forth in such notice.
The Owner of this Bond shall have no right to enforce the provisions of the Indenture or to institute an action to enforce the covenants therein, or to take any action with respect to any Event of Default under the Indenture, or to institute, appear in or defend any suit or other proceeding with respect thereto, except as provided in the Indenture.
In certain events, on the conditions, in the manner and with the effect set forth in the Indenture, the principal of the Series 2025 Bond then Outstanding under the Indenture may become and may be declared due and payable before the stated maturity thereof, with the interest accrued thereon.
Modifications or alterations of the Master Indenture or of any indenture supplemental thereto may be made only to the extent and in the circumstances permitted by the Master Indenture.
Any moneys held by the Trustee or any Paying Agent in trust for the payment and discharge of the Series 2025 Bond which remain unclaimed for two (2) years after the date when such Bond has become due and payable, either at its stated maturity date or by call for earlier redemption, if such moneys were held by the Trustee or any Paying Agent at such date, or for two (2) years after the date of deposit of such moneys if deposited with the Trustee or Paying Agent after the date when such Bond became due and payable, shall be paid to the District, and
thereupon and thereafter no claimant shall have any rights against the Paying Agent to or in respect of such moneys.
If the District deposits or causes to be deposited with the Trustee cash or Federal Securities sufficient to pay the principal or Redemption Price of the Series 2025 Bond becoming due at maturity or by call for redemption in the manner set forth in the Indenture, together with the interest accrued to the due date, the lien of the Series 2025 Bond as to the Series 2025 Trust Estate shall be discharged, except for the rights of the registered Owner thereof with respect to the funds so deposited as provided in the Indenture.
This Bond shall have all the qualities and incidents, including negotiability, of investment securities within the meaning and for all the purposes of the Uniform Commercial Code of the State of Florida.
This Bond is issued with the intent that the laws of the State of Florida shall govern its construction.
All acts, conditions and things required by the Constitution and laws of the State of Florida and the resolutions of the District to happen, exist and be performed precedent to and in the issuance of this Bond and the execution of the Indenture, have happened, exist and have been performed as so required. This Bond shall not be valid or become obligatory for any purpose or be entitled to any benefit or security under the Indenture until it shall have been authenticated by the execution by the Trustee of the Certificate of Authentication endorsed hereon.
[Remainder of Page Intentionally Left Blank]
IN WITNESS WHEREOF, Wynnfield Lakes Community Development District has caused this Bond to bear the signature of the Chair of its Board of Supervisors and the official seal of the District to be impressed or imprinted hereon and attested by the signature of the Secretary to the Board of Supervisors.
Attest:	WYNNFIELD LAKES COMMUNITY DEVELOPMENT DISTRICT

By:	
Secretary	Chair, Board of Supervisors

(SEAL)

CERTIFICATE OF VALIDATION
A portion of this Bond is one of a Series of Bonds which were validated by judgment of the Fourth Judicial Circuit of Florida, in and for Duval County rendered on October 24, 2005.

Chair, Board of Supervisors, Wynnfield Lakes
Community Development District
CERTIFICATE OF AUTHENTICATION
This Bond is all of the Bonds of the Series designated herein, described in the within-mentioned Indenture.
U.S. BANK TRUST COMPANY, NATIONAL ASSOCIATION,
as Trustee

Date of Authentication:
By:	
September 19, 2025		Vice President
[FORM OF ABBREVIATIONS]
The following abbreviations, when used in the inscription on the face of the within Bond, shall be construed as though they were written out in full according to applicable laws or regulations.
TEN COM as tenants in common TEN ENT as tenants by the entireties
JT TEN as joint tenants with the right of survivorship and not as tenants in common
UNIFORM TRANSFER MIN ACT - 			 Custodian 		 under Uniform Transfer to Minors Act 		(Cust.)		(Minor)
(State)
Additional abbreviations may also be used though not in the above list.

[FORM OF ASSIGNMENT]
For value received, the undersigned hereby sells, assigns and transfers unto
	 the within Bond and all rights thereunder, and hereby irrevocably constitutes and appoints 	, attorney to transfer the said Bond on the books of the District, with full power of substitution in the premises.
Dated:
Social Security Number or Employer:
Identification Number of Transferee:
Signature guaranteed:
NOTICE: Signature(s) must be guaranteed by an institution which is a participant in the Securities Transfer Agent Medallion Program (STAMP) or similar program.
NOTICE: The assignor's signature to this Assignment must correspond with the name as it appears on the face of the within Bond in every particular without alteration or any change whatsoever.
EXHIBIT C
FORM OF REQUISITION FOR SERIES 2025 PROJECT
The undersigned, an Authorized Officer of Wynnfield Lakes Community Development District (the "District") hereby submits the following requisition for disbursement under and pursuant to the terms of the Master Trust Indenture between the District and U.S. Bank Trust Company, National Association, Fort Lauderdale, Florida, as trustee (the "Trustee"), dated as of September 1, 2025 (the "Master Indenture"), as supplemented by the First Supplemental Trust Indenture between the District and the Trustee, dated as of September 1, 2025 (the "Supplemental Indenture" and together with the Master Indenture, the "Indenture") (all capitalized terms used herein shall have the meaning ascribed to such term in the Indenture):
	A.	Requisition Number:
	B.	Name of Payee:
	C.	Amount Payable:
	D.	Purpose for which paid or incurred (refer also to specific contract if amount is due and payable pursuant to a contract involving progress payments or state costs of issuance, if applicable):
	E.	Fund or Account and subaccount, if any, from which disbursement to be made:
The undersigned hereby certifies that:
obligations in the stated amount set forth above have been incurred by the District, that each disbursement set forth above is a proper charge against the Series 2025 Acquisition and Construction Account referenced above, that each disbursement set forth above was incurred in connection with the acquisition and/or construction of the Series 2025 Project and each represents a Cost of the Series 2025 Project that has not previously been paid out of such Account;
OR
this requisition is for costs of issuance payable from the Series 2025 Costs of Issuance Account that has not previously been paid out of such Account.
The undersigned hereby further certifies that there has not been filed with or served upon the District notice of any lien, right to lien, or attachment upon, or claim affecting the right to receive payment of, any of the moneys payable to the
Payee set forth above, which has not been released or will not be released simultaneously with the payment hereof.
The undersigned hereby further certifies that such requisition contains no item representing payment on account of any retained percentage which the District is at the date of such certificate entitled to retain.
Originals or copies of the invoice(s) from the vendor of the property acquired or services rendered with respect to which disbursement is hereby requested are on file with the District.
WYNNFIELD LAKES COMMUNITY DEVELOPMENT DISTRICT

By: 		 Authorized Officer

CONSULTING ENGINEER'S APPROVAL FOR NON-COST OF ISSUANCE REQUESTS ONLY
If this requisition is for a disbursement from other than the Series 2025 Costs of Issuance Account, the undersigned Consulting Engineer hereby certifies that this disbursement is for a Cost of the Series 2025 Project and is consistent with (a) the applicable acquisition or construction contract, (b) the plans and specifications for the portion of the Series 2025 Project with respect to which such disbursement is being made, and (c) the report of the Consulting Engineer attached as an exhibit to the Supplemental Indenture, as such report shall have been amended or modified on the date hereof.

Consulting Engineer
EXHIBIT B
FORM OF ESCROW DEPOSIT AGREEMENT
ESCROW DEPOSIT AGREEMENT

ESCROW DEPOSIT AGREEMENT (this "Agreement"), dated as of September 19, 2025, between WYNNFIELD LAKES COMMUNITY DEVELOPMENT DISTRICT, a duly created and validly existing local unit of special purpose government (the "District"), and U.S. BANK TRUST COMPANY, NATIONAL ASSOCIATION (the "Escrow Agent"), a national banking association authorized to accept and execute trusts of the character herein set out, with its designated office located at 500 West Cypress Creek Road, Suite 460, Fort Lauderdale, Florida 33309, Attention: Corporate Trust Department.
WHEREAS, the District has heretofore issued, sold and delivered its Wynnfield Lakes Community Development District Special Assessment Refunding Bonds, Series 2014 (the "Series 2014 Bonds") currently Outstanding in the aggregate principal amount of $4,465,000 (the Outstanding principal amount of such Series 2014 Bonds hereinafter referred to as the "Refunded Bonds") under and pursuant to the terms of a Master Trust Indenture, dated as of November 1, 2005 (the "Master Indenture"), between the District and U.S. Bank Trust Company, National Association, as successor in interest to U.S. Bank National Association, as successor in interest to Wachovia Bank, National, Association, as trustee (the "Trustee"), as supplemented by a Second Supplemental Trust Indenture, dated as of August 1, 2014 (the "Second Supplemental Indenture" and together with the Master Indenture, the "Indenture"), between the District and the Trustee; and
WHEREAS, the District desires to currently refund such Refunded Bonds;
and
WHEREAS, the District has authorized the issuance, sale and delivery of its
$6,815,000 Wynnfield Lakes Community Development District Capital Improvement Revenue and Refunding Bond, Series 2025 (the "Series 2025 Bond") pursuant to a Master Trust Indenture, dated as of September 1, 2025, as supplemented by a First Supplemental Trust Indenture, dated as of September 1, 2025, between the District and U.S. Bank Trust Company, National Association, as trustee, to secure the issuance of the Series 2025 Bond and to set forth the terms of the Series 2025 Bond, a portion of the proceeds of which, together with certain other legally available moneys of the District, will be used to discharge the pledge of and lien of the Indenture in favor of the holders of such Refunded Bonds; and
WHEREAS, the issuance of the Series 2025 Bond, the deposit of cash into an escrow deposit trust fund to be held by the Escrow Agent and the discharge of the pledge of and lien of the Indenture in favor of the holders of such Refunded Bonds shall occur as a simultaneous transaction; and
WHEREAS, this Agreement is intended to effectuate such simultaneous transaction;
NOW, THEREFORE, in consideration of the foregoing and of the mutual covenants hereinafter set forth, the parties hereto agree as follows:
SECTION 1.	PREAMBLES. The District represents that the recitals stated above are true and correct and the same are incorporated herein.
SECTION 2.	RECEIPT	OF	INDENTURE	AND	VERIFICATION
REPORT. The Escrow Agent hereby acknowledges receipt of true and correct copies of the Indenture and this Agreement. The applicable and necessary provisions of the Indenture, including, without limitation, Articles VIII and XIV of the Master Indenture, are incorporated herein by reference. The Escrow Agent also acknowledges receipt of the final numbers (the "Final Numbers") prepared by MBS Capital Markets, LLC showing its calculations of the amount needed to refund the Refunded Bonds at the Redemption Price as set forth in the Final Numbers, as verified by the verification report of Causey Public Finance, LLC, a firm of independent certified public accountants, dated September 19, 2025 (the "Verification Report"). The Escrow Agent has no responsibility for the production, review or accuracy of either the Final Numbers or the Verification Report. All capitalized terms not otherwise defined herein shall have the meanings ascribed thereto in the Indenture.
SECTION 3.	DISCHARGE OF LIEN OF HOLDERS OF REFUNDED
BONDS. In accordance with Articles VIII and XIV of the Master Indenture, simultaneously herewith, the right, title and interest of the Trustee with respect to the Refunded Bonds shall cease and the lien of the Indenture on the Pledged Revenues and the Funds and Accounts established under the Indenture shall be defeased and discharged.
SECTION 4.	ESTABLISHMENT OF ESCROW FUND. There is hereby
created and established with the Escrow Agent a special, segregated and irrevocable escrow deposit trust fund designated the "Wynnfield Lakes Community Development District Special Assessment Refunding Bonds, Series 2014 Escrow Deposit Trust Fund" (the "Escrow Fund"). The Escrow Fund shall be held in the custody of the Escrow Agent as a trust fund for the benefit of the holders of the Refunded Bonds, separate and apart from other funds and accounts of the District and the Escrow Agent. The Escrow Agent hereby accepts the Escrow Fund and acknowledges the receipt of and deposit to the credit of the Escrow Fund the sum of
$4,183,352.51 received from the District from proceeds of the Series 2025 Bond (the "Bond Proceeds") and the sum of $362,101.93 received from the District from other available funds (the "District Moneys"), consisting of $262,317.70 transferred from the Series 2014 Debt Service Reserve Account and $99,784.23 transferred from the Series 2014 Revenue Account.
SECTION 5.	DEPOSIT OF MONEYS IN ESCROW FUND. The District
hereby directs, and the Escrow Agent acknowledges, that the Bond Proceeds and the District Moneys deposited with the Escrow Agent pursuant to Section 4 above (the "Cash Deposit") shall be held in the Escrow Fund uninvested in cash and neither the District nor the Escrow Agent shall otherwise invest or reinvest any moneys in the Escrow Fund.
SECTION 6. SUFFICIENCY OF CASH DEPOSIT. In reliance upon the Final Numbers and the Verification Report, the District represents that the Cash Deposit is sufficient such that moneys will be available to the Escrow Agent in amounts sufficient and at the times required to pay the amounts of principal of, redemption premium, if any, and interest due and to become due on the Refunded Bonds as described in Schedule A attached hereto. If the Cash Deposit shall be insufficient to make such payments, the District shall timely deposit to the Escrow Fund, solely from legally available funds of the District, such additional amounts as may be required to pay the Refunded Bonds as described in Schedule A attached hereto. Notice of any insufficiency shall be given by the Escrow Agent to the District as promptly as possible, but the Escrow Agent shall in no manner be responsible for the District's failure to make such deposits.
SECTION 7.	CASH	DEPOSIT	IN	TRUST	FOR	HOLDERS	OF
REFUNDED BONDS. The deposit of the Cash Deposit in the Escrow Fund shall constitute an irrevocable deposit of cash in trust solely for the payment of the principal of, redemption premium, if any, and interest on the Refunded Bonds at such times and in such amounts as set forth in Schedule A attached hereto, and the Cash Deposit shall be used solely for such purpose.
SECTION 8.	ESCROW AGENT TO PAY REFUNDED BONDS FROM
ESCROW FUND. The District hereby directs, and the Escrow Agent hereby agrees, that it will take all actions required to be taken by it under the provisions of the Indenture, including the timely transfer of, but solely from funds on deposit in the Escrow Fund, money to the Paying Agent for the Refunded Bonds as provided in the Indenture, in order to effectuate this Agreement and to pay the Refunded Bonds in the amounts and at the times provided in Schedule A attached hereto. The Cash Deposit shall be used to pay the principal of, redemption premium, if any, and interest on the Refunded Bonds as the same may mature or be redeemed. If any payment date shall be a day on which either the Paying Agent for the Refunded Bonds or the Escrow Agent is not open for the acceptance or delivery of funds, then the Escrow Agent shall transfer moneys to the Paying Agent on the next business day. The liability of the Escrow Agent for the payment of the principal of, redemption premium, if any, and interest on the Refunded Bonds pursuant to this Agreement shall be limited to the application of the Cash Deposit available for such purposes in the Escrow Fund.
SECTION 9.	ESCROW FUND SHALL CONTINUE IN EFFECT. The
Escrow Fund shall continue in effect until the date upon which the Escrow Agent makes the final payment to the Paying Agent for the Refunded Bonds in an amount sufficient to pay the Refunded Bonds as described in Schedule A attached hereto, whereupon the Escrow Agent shall transfer all remaining money in the Escrow Fund, if any, to the District.
SECTION 10. REDEMPTION OF REFUNDED BONDS. The District
has heretofore irrevocably instructed the Escrow Agent, in its capacity as Trustee, to give or cause to be given at the appropriate times the notice or notices required by the Indenture in connection with the redemption of the Refunded Bonds in accordance with Schedule A attached hereto, in the form customarily used by the Trustee for such notices. Such instruction has been ratified and confirmed by the District pursuant to Resolution No. 2025-10, adopted by the District on September 15, 2025.
SECTION 11. DEFEASANCE OF REFUNDED BONDS. Concurrently
with the deposit of the Cash Deposit set forth in Section 4 hereof, the District represents that, in reliance upon the Verification Report, the Refunded Bonds shall be deemed to have been paid within the meaning and with the effect expressed in Article XII of the Master Indenture. The District hereby irrevocably instructs the Escrow Agent, in its capacity as Trustee, to give or cause to be given the notice or notices required by the Indenture in connection with the defeasance of the Refunded Bonds. A form notice of defeasance is attached hereto as Schedule B.
SECTION 12. ESCROW	FUND	IRREVOCABLE.	The	Escrow	Fund
hereby created shall be irrevocable and the holders of the Refunded Bonds shall have an express lien on the Cash Deposit deposited in the Escrow Fund pursuant to the terms hereof and any interest earnings thereon until paid out, used and applied in accordance with this Agreement and the Indenture. Neither the District nor the Escrow Agent shall cause nor permit any other lien or interest whatsoever to be imposed upon the Escrow Fund.
SECTION 13. AMENDMENTS TO AGREEMENT. This Agreement is
made for the benefit of the District and the holders from time to time of the Refunded Bonds and it shall not be repealed, revoked, altered or amended without the written consent of all such holders and the written consent of the Escrow Agent and the District; provided, however, that the District and the Escrow Agent may, without the consent of, or notice to, such holders, enter into such agreements supplemental to this Agreement as shall not adversely affect the rights of such holders and as shall not be inconsistent with the terms and provisions of this Agreement, for any one or more of the following purposes:
	a.	to cure any ambiguity or formal defect or omission in this Agreement;
	b.	to grant, or confer upon, the Escrow Agent for the benefit of the holders of the Refunded Bonds, any additional rights, remedies, powers or authority that may lawfully be granted to, or conferred upon, such holders or the Escrow Agent; and
	c.	to subject to this Agreement additional funds, securities or properties.
The Escrow Agent shall be entitled to rely exclusively upon an unqualified opinion of nationally recognized Bond Counsel with respect to compliance with this Section 13, including the extent, if any, to which any change, modification or addition affects the rights of the holders of the Refunded Bonds, or that any instrument executed hereunder complies with the conditions and provisions of this Section 13.
SECTION 14. FEES	AND	EXPENSES	OF	ESCROW	AGENT;
INDEMNIFICATION. In consideration of the services rendered by the Escrow Agent under this Agreement, the District has paid to the Escrow Agent a one-time fee and expenses, receipt of which is hereby acknowledged. The Escrow Agent shall have no lien whatsoever upon the Cash Deposit in said Escrow Fund for the payment of such fees and expenses. To the extent permitted by law and without waiving any privileges or immunities afforded to the District under Florida law, the District further agrees to indemnify and save the Escrow Agent, its agents and employees, harmless against any liabilities, obligations, losses, damages, penalties, claims, actions, suits, costs, expenses and disbursements of whatsoever kind or nature, which it may incur in the exercise and performance of its powers and duties hereunder, including legal expenses, and which are not due to its gross negligence or willful misconduct. This Section 14 shall survive the termination of this Agreement, or, as to the Escrow Agent, its resignation or removal.
Whenever the Escrow Agent shall deem it necessary or desirable that a matter be proved or established prior to taking, suffering or omitting any action under this Agreement, such matter may be deemed to be conclusively established by a certificate signed by an authorized officer of the District. The Escrow Agent may conclusively rely, as to the correctness of statements, conclusions and opinions therein, upon any certificate, report, opinion or other document furnished to the Escrow Agent pursuant to any provision of this Agreement; the Escrow Agent shall be protected and shall not be liable for acting or proceeding, in good faith, upon such reliance; and the Escrow Agent shall be under no duty to make any investigation or inquiry as to any statements contained or matters referred to in any such instrument. The Escrow Agent may, at the expense of the District, consult with counsel, who may be counsel to the District or independent counsel, with regard to legal questions, and the opinion of such counsel shall be full and complete authorization and protection in respect of any action taken or suffered by it hereunder in good faith in accordance herewith. Prior to retaining such independent counsel, the Escrow Agent shall notify the District of its intention to retain counsel.
The Escrow Agent and its successors, agents and servants shall not be held to any personal liability whatsoever, in tort, contract or otherwise, by reason of the execution and delivery of this Agreement, the establishment of the Escrow Fund, the acceptance and disposition of the various moneys and funds described herein, any payment, transfer or other application of funds by the Escrow Agent in accordance with the provisions of this Agreement or any act that is not grossly negligent, omission or error of the Escrow Agent made in good faith in the conduct of its duties. The Escrow Agent shall, however, be liable to the District and to holders of the Refunded Bonds to the extent of their respective damages for the gross negligence or willful misconduct of the Escrow Agent which violates or fails to comply with the terms of this Agreement; provided, however, the foregoing shall not include payment for special or consequential damages or damages caused by a party other than the Escrow Agent. The duties and obligations of the Escrow Agent shall be determined by the express provisions of this Agreement.
SECTION 15. REPORTING REQUIREMENTS OF ESCROW AGENT.
As soon as practicable after the Refunded Bonds are redeemed, the Escrow Agent shall forward in writing to the District a statement regarding the Escrow Fund, including the income, if any, earned therein and withdrawals of money therefrom, since the date of its establishment.
SECTION 16. RESIGNATION OR REMOVAL OF ESCROW AGENT.
The Escrow Agent, at the time acting hereunder, may at any time resign and be discharged from the duties and obligations hereby created by giving not less than 45 days' written notice to the District and mailing notice thereof, specifying the date when such resignation will take effect, to the holders of all Refunded Bonds then Outstanding, but no such resignation shall take effect unless a successor Escrow Agent shall have been appointed by the holders of a majority in aggregate principal amount of the Refunded Bonds then Outstanding or by the District as hereinafter provided and such successor Escrow Agent shall have accepted such appointment, in which event such resignation shall take effect immediately upon the appointment and acceptance of a successor Escrow Agent.
The Escrow Agent may be replaced at any time by an instrument or concurrent instruments in writing, delivered to the Escrow Agent and signed by either the District or the holders of a majority in aggregate principal amount of the Refunded Bonds then Outstanding. Such instrument shall provide for the appointment of a successor Escrow Agent, which appointment shall occur simultaneously with the removal of the Escrow Agent.
In the event the Escrow Agent hereunder shall resign or be removed, or be dissolved, or shall be in the course of dissolution or liquidation, or otherwise become incapable of acting hereunder, or in case the Escrow Agent shall be taken under the control of any public officer or officers, or of a receiver appointed by a court, a successor may be appointed by the holders of a majority in aggregate principal
amount of the Refunded Bonds then Outstanding by an instrument or concurrent instruments in writing, signed by such holders, or by their attorneys in fact, duly authorized in writing; provided, nevertheless, that in any such event, the District shall appoint a temporary Escrow Agent to fill such vacancy until a successor Escrow Agent shall be appointed by the holders of a majority in aggregate principal amount of the Refunded Bonds then Outstanding in the manner above provided, and any such temporary Escrow Agent so appointed by the District shall immediately and without further act be superseded by the Escrow Agent so appointed by such holders. The District shall mail notice of any such appointment made by it at the times and in the manner described in the first paragraph of this Section 16.
In the event that no appointment of a successor Escrow Agent or a temporary successor Escrow Agent shall have been made by such holders or the District pursuant to the foregoing provisions of this Section 16 within 45 days after written notice of resignation of the Escrow Agent has been given to the District, the holder of any of the Refunded Bonds or any retiring Escrow Agent may apply to any court of competent jurisdiction for the appointment of a successor Escrow Agent, and such court may thereupon, after such notice, if any, as it shall deem proper, appoint a successor Escrow Agent.
In the event of replacement or resignation of the Escrow Agent, the Escrow Agent shall have no further liability hereunder and the District shall, to the extent permitted by applicable law and without waiving any privileges or immunities afforded to the District under Florida law, indemnify and hold harmless Escrow Agent from any such liability, including costs or expenses incurred by Escrow Agent or its counsel.
No successor Escrow Agent shall be appointed unless such successor Escrow Agent shall be a corporation with trust powers organized under the banking laws of the United States or any State, and shall have at the time of appointment capital and surplus of not less than $50,000,000 or trust assets under management of not less than $500,000,000.
Subject to the immediately succeeding paragraph hereof, every successor Escrow Agent appointed hereunder shall execute, acknowledge and deliver to its predecessor and to the District an instrument in writing accepting such appointment hereunder and thereupon such successor Escrow Agent, without any further act, deed or conveyance, shall become fully vested with all the rights, immunities, powers, trusts, duties and obligations of its predecessor; but such predecessor shall nevertheless, on the written request of such successor Escrow Agent or the District, execute and deliver an instrument transferring to such successor Escrow Agent all the estates, properties, rights, powers and trust of such predecessor hereunder, except for the Escrow Agent's rights under Section 14 hereof; and every predecessor Escrow Agent shall deliver all securities and moneys
held by it to its successor; provided, however, that before any such delivery is required to be made, all fees, advances and expenses of the retiring or removed Escrow Agent shall be paid in full. Should any transfer, assignment or instrument in writing from the District be required by any successor Escrow Agent for more fully and certainly vesting in such successor Escrow Agent the estates, rights, powers and duties hereby vested or intended to be vested in the predecessor Escrow Agent, any such transfer, assignment and instruments in writing shall, on request, be executed, acknowledged and delivered by the District.
Any corporation, purchaser or entity into which the Escrow Agent, or any successor to it in the trusts created by this Agreement, may be merged or converted or with which it or any successor to it may be consolidated, or any corporation, purchaser or entity resulting from any merger, conversion, consolidation or reorganization to which the Escrow Agent or any successor to it shall be a party or any corporation, purchaser or entity to which the Escrow Agent or successor to it shall sell or transfer all or substantially all of its corporate trust business, shall be the successor Escrow Agent under this Agreement without the execution or filing of any paper or any other act on the part of any of the parties hereto, anything herein to the contrary notwithstanding.
SECTION 17. TERMINATION OF AGREEMENT. Except as provided in Section 14 hereof, this Agreement shall terminate when all transfers and payments required to be made by the Escrow Agent under the provisions hereof shall have been made. Upon such termination and payment of all moneys set forth on Schedule A attached hereto, all moneys remaining in the Escrow Fund shall be released to the District.
SECTION 18. GOVERNING LAW. This Agreement shall be governed by the applicable laws of the State of Florida.
SECTION 19. SEVERABILITY. If any one or more of the covenants or agreements provided in this Agreement on the part of the District or the Escrow Agent to be performed should be determined by a court of competent jurisdiction to be contrary to law, such covenant or agreement shall be deemed and construed to be severable from the remaining covenants and agreements herein contained and shall in no way affect the validity of the remaining provisions of this Agreement.
SECTION 20. COUNTERPARTS. This Agreement may be executed in several counterparts, all or any of which shall be regarded for all purposes as one original and shall constitute and be but one and the same instrument.
SECTION 21. NOTICES. Any notice, authorization, request or demand required or permitted to be given in accordance with the terms of this Agreement shall be in writing and sent by registered or certified mail addressed to:
If to the Escrow Agent:
U.S. Bank Trust Company, National Association 500 West Cypress Creek Road, Suite 460
Fort Lauderdale, Florida 33309 Attention: Corporate Trust Department
If to the District:
Wynnfield Lakes Community Development District c/o Governmental Management Services, LLC
475 West Town Place, Suite 114 World Golf Village
St. Augustine, Florida 32092 Copy to District Counsel:
Kilinski ǀ Van Wyk PLLC 517 East College Avenue Tallahassee, Florida 32301
Attention: Lauren Gentry, Esquire
[Remainder of Page Intentionally Left Blank]
IN WITNESS WHEREOF, the parties hereto have made and executed this Escrow Deposit Agreement as of the date first written herein.

ATTEST:
WYNNFIELD LAKES COMMUNITY DEVELOPMENT DISTRICT

By:	
Assistant Secretary	Chair, Board of Supervisors

U.S. BANK TRUST COMPANY, NATIONAL ASSOCIATION,
as Escrow Agent

By:		 Vice President
SCHEDULE A DEBT SERVICE REQUIREMENTS FOR REFUNDED BONDS
(attached hereto)
SCHEDULE B
FORM OF NOTICE OF DEFEASANCE

Wynnfield Lakes Community Development District (City of Jacksonville, Florida)
Special Assessment Refunding Bonds, Series 2014

Series		Amount Refunded		Interest Rate		Maturity Date		CUSIP*	
2014		$ 325,000		4.000%		May 1, 2026		983191AQ0	
2014		1,440,000		4.250		May 1, 2030		983191AN7	
2014		2,700,000		4.500		May 1, 2036		983191AP2	
NOTICE IS HEREBY GIVEN that that there has been deposited with U.S. Bank Trust Company, National Association, as escrow agent (the "Escrow Agent") under the Escrow Agreement (hereinafter defined), cash which the District (hereinafter defined) has represented is sufficient to pay on September 29, 2025, (the "Redemption Date"), the Redemption Price and interest due and to become due on the above captioned Bonds (the "Defeased Bonds") on or prior to the Redemption Date, pursuant to the terms and provisions of a certain Escrow Deposit Agreement dated as of September 19, 2025 (the "Escrow Agreement"), by and among Wynnfield Lakes Community Development District (the "District") and the Escrow Agent.
The Defeased Bonds will be called for optional redemption on the Redemption Date at a Redemption Price of 100% of the principal amount thereof plus accrued interest to the Redemption Date.
The Defeased Bonds are deemed to have been paid within the meaning of Article XIV of the Master Trust Indenture dated as of November 1, 2005 (the "Master Indenture"), between the District and U.S. Bank Trust Company, National Association, as successor trustee (the "Trustee"), under which the Defeased Bonds were issued and are secured. This notice does not constitute a notice of redemption and no Bonds should be delivered to the District or its paying agents or the Trustee as a result of this publication.

Dated: September 19, 2025	U.S. BANK TRUST COMPANY,
NATIONAL ASSOCIATION,
as successor Trustee

* Neither the District nor the Trustee is responsible for the use of CUSIP numbers, nor is any representation made as to their correctness.

C.
RESOLUTION 2025-11
[SUPPLEMENTAL ASSESSMENT RESOLUTION FOR 2025 BOND]

A RESOLUTION SETTING FORTH THE SPECIFIC TERMS OF THE DISTRICT’S CAPITAL IMPROVEMENT REVENUE AND REFUNDING BOND, SERIES 2025; MAKING CERTAIN ADDITIONAL FINDINGS AND ADOPTING AND CONFIRMING AN ENGINEER’S REPORT AND A SUPPLEMENTAL ASSESSMENT REPORT; CONFIRMING THE MAXIMUM ASSESSMENT LIEN SECURING THE BONDS; ADDRESSING THE ALLOCATION AND COLLECTION OF THE ASSESSMENTS SECURING THE SERIES 2025 BONDS; ADDRESSING PREPAYMENTS; PROVIDING FOR THE SUPPLEMENTATION OF THE IMPROVEMENT LIEN BOOK; AND PROVIDING FOR CONFLICTS, SEVERABILITY AND AN EFFECTIVE DATE.
WHEREAS, the Wynnfield Lakes Community Development District (“District”) previously indicated its intention to undertake, install, establish, construct or acquire certain public improvements and to finance such public improvements through the issuance of one or more series of bonds secured by the imposition of special assessments on benefited property within the District; and

WHEREAS, the District previously indicated its intent to undertake, install, plan, establish, construct or reconstruct, enlarge or extend, equip, acquire, operate, and/or maintain the infrastructure improvements described in the Wynnfield Lakes Community Development District 2025 Engineer’s Report, dated July 16, 2025 (“2025 Engineer’s Report”, and the improvements described therein, the “2025 Project”), and now intends to finance such 2025 Project through the issuance of its Wynnfield Lakes Community Development District Capital Improvement Revenue and Refunding Bond, Series 2025 ("Series 2025 Bond"); and

WHEREAS, the District previously issued its Wynnfield Lakes Community Development District Special Assessment Refunding Bonds, Series 2014 (“Series 2014 Refunding Bonds”), which were secured by assessments (“2014 Assessments”), and now wishes to refund and reissue its Series 2014 Refunding Bonds and amend the 2014 Assessments accordingly in order to take advantage of interest rate savings; and

WHEREAS, the project funded by the Series 2014 Refunding Bonds (“Original Project”) is described in the Engineer’s Report, dated July 29, 2005 (“2005 Engineer’s Report”), which is on file at the District Records Office and available for inspection; and

WHEREAS, the District’s Board of Supervisors (“Board”) has previously adopted, after proper notice and public hearing, Resolution Nos. 2014-04, 2014-05, and 2014-08 (together, “2014 Assessment Resolutions”) and Resolution Nos. 2025-08 and 2026-06 (together, “2025
Assessment Resolutions”), relating to the imposition, levy, collection and enforcement of special assessments; and

WHEREAS, on September 15, 2025, in order to finance all or a portion of the 2025 Project and the refunding and redeeming of the Series 2014 Refunding Bonds, the District adopted Resolution 2025-10 (“Delegated Award Resolution”), which authorized the District to take certain actions necessary to sell its Series 2025 Bond within certain parameters set forth in the Delegated Award Resolution; and

WHEREAS, the District intends to secure the Series 2025 Bond by levying debt service special assessments on benefiting property to secure repayment of the Series 2025 Bond (“Series 2025 Assessments”) pursuant to the terms of the 2025 Assessment Resolutions, and in accordance with the trust indentures applicable to the Series 2025 Bond; and

WHEREAS, pursuant to and consistent with the 2025 Assessment Resolutions and Delegated Award Resolution, the District desires to authorize the finalization of its Series 2025 Assessments, among other actions.

NOW THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE WYNNFIELD LAKES COMMUNITY DEVELOPMENT DISTRICT AS FOLLOWS:

	1.	INCORPORATION OF RECITALS. All of the above representations, findings and determinations contained above are recognized as true and accurate and are expressly incorporated into this Resolution.
	2.	AUTHORITY FOR THIS RESOLUTION. This Resolution is adopted pursuant to the provisions of Florida law, including Chapters 170, 190 and 197, Florida Statutes, and the 2025 Assessment Resolutions.
	3.	ADDITIONAL FINDINGS; ADOPTION OF ENGINEER’S REPORT AND
SUPPLEMENTAL ASSESSMENT REPORT. The Board hereby finds and determines as follows:
	a.	The 2025 Engineer’s Report, dated July 16, 2025, attached to this Resolution as Exhibit A (“2025 Engineer’s Report”), identifies and describes, among other things, the presently expected components and estimated costs of the District’s 2025 Project. The District hereby confirms that the 2025 Project serves a proper, essential and valid public purpose. The 2025 Engineer’s Report is hereby approved, adopted, and confirmed. The District authorizes and ratifies its use in connection with the sale of the Series 2025 Bond.

	a.	The previously adopted 2005 Engineer’s Report is hereby reaffirmed.
	b.	The Special Assessment Methodology Report for the Special Assessment Refunding and Revenue Bond, Series 2025, dated July 23, 2025, attached to this Resolution as Exhibit B (“2025 Assessment Methodology Report”), sets forth the methodology for allocation of the assessments securing the Series 2025 Bond (“Series 2025 Assessments”). The 2025 Assessment Methodology Report is hereby approved, adopted and confirmed. The District authorizes and ratifies its use in connection with the sale of the Series 2025 Bond.
	c.	Generally speaking, and subject to the terms of Exhibit A and Exhibit B, the Original Project and the 2025 Project benefit all developable property within the District as described in Exhibit C attached hereto. Moreover, the benefits from the 2025 Project funded by the Series 2025 Bond, together with the Original Project funded by the Series 2014 Refunding Bond, equal or exceed the amount of the Series 2025 Assessments applicable thereto, as described in Exhibit B, and such Series 2025 Assessments are fairly and reasonably allocated across all benefitting property in the District. It is reasonable, proper, just and right to assess the costs to be financed with the Series 2025 Bond to the specially benefited properties within the District as set forth in the 2025 Assessment Resolutions and this Resolution.

	a.	The findings set forth in the 2014 Assessment Resolutions are hereby reaffirmed, except as specifically described herein as to the reallocation of the 2014 Assessments to reflect interest-rate savings.
	2.	ASSESSMENT LIEN SECURING THE SERIES 2025 BOND. This Resolution
is intended to set forth the terms of the Series 2025 Bond and the final amount of the lien of the Series 2025 Assessments.
	a.	The Series 2025 Bond, in a par amount of $6,815,000, shall bear such rates of interest and maturity as shown at Exhibit D, attached hereto. The estimated sources and uses of funds of the Series 2025 Bond shall be as set forth at Exhibit D. The debt service due on the Series 2025 Bond is set forth at Exhibit D attached hereto.

	a.	The lien of the Series 2025 Assessments shall be the principal amount due on the Series 2025 Bond, together with accrued but unpaid interest thereon, and together with the amount by which annual assessments are grossed up to include early payment discounts required by law and costs of collection.
The Series 2025 Bond is secured solely by the Series 2025 Trust Estate (as defined in the First Supplemental Trust Indenture dated September 1, 2025), which is comprised in part by the lien for the Series 2025 Assessments.

	a.	Upon closing on the District’s Series 2025 Bond, the District’s Secretary is hereby authorized and directed to record a Notice of Series 2025 Assessments in the Official Records of Duval County, Florida, or such other instrument evidencing the actions taken by the District. The lien of the Series 2025 Assessments shall be the principal amount due on the Series 2025 Bond, together with interest and collection costs, and other pledged revenues as set forth in the applicable indenture(s) and shall cover all benefitting properties within the District, as further provided in the Series 2025 Assessment Roll included in the 2025 Assessment Methodology Report. To the extent that land is added to the District and made subject to the assessment lien described herein, the District may, by supplemental resolution at a regularly noticed meeting and without the need for a public hearing on reallocation, determine such land to be benefitted by the 2025 Project and reallocate the Series 2025 Assessments securing the Series 2025 Bond in order to impose Series 2025 Assessments on the newly added and benefitted property, as may be applicable.
	2.	ALLOCATION	AND	COLLECTION	OF	THE	SERIES	2025 ASSESSMENTS.
	a.	The Series 2025 Assessments shall be allocated in accordance with Exhibit B. The Series 2025 Assessments shall be paid in not more than thirty (30) years of installments of principal and interest.
	b.	The District hereby certifies the Series 2025 Assessments for collection and authorizes and directs staff to take all actions necessary to meet the time and other deadlines imposed for collection by Duval County and other Florida law. The District’s Board each year shall adopt a resolution addressing the manner in which the Series 2025 Assessments shall be collected for the upcoming fiscal year. The decision to collect Series 2025 Assessments by any particular method – e.g., on the tax roll or by direct bill – does not mean that such method will be used to collect the Series 2025 Assessments in future years, and the District reserves the right in its sole discretion to select collection methods in any given year, regardless of past practices.
	3.	[RESERVED]
	4.	PREPAYMENT OF SERIES 2025 ASSESSMENTS. Any owner of property subject to the Series 2025 Assessments may, at its option, pre-pay the entire amount of such applicable assessments any time, or a portion of the amount of such assessments up to one (1) time (or as otherwise provided by the First Supplemental Indenture dated September 1, 2025), plus any applicable interest (as provided for in the Supplemental Indenture for the Series 2025 Bonds), attributable to the property subject to the Series 2025 Assessments owned by such owner. Except as otherwise set forth herein, the terms of the 2025 Assessment Resolutions addressing prepayment of assessments shall continue to apply in full force and effect.
	5.	[RESERVED]

	1.	IMPROVEMENT LIEN BOOK. Immediately following the closing on the District’s Series 2025 Bond, the Series 2025 Assessments as reflected herein shall be recorded by the Secretary of the Board in the District’s Improvement Lien Book. The Series 2025 Assessments shall be and shall remain a legal, valid and binding first lien against all benefitted property as described in Exhibit B until paid and such lien shall be coequal with the lien of all state, county, district, municipal or other governmental taxes and superior in dignity to all other liens, titles, and claims.
	2.	ADDITIONAL AUTHORIZATION. The Chairperson, the Secretary, and all other Supervisors, officers and staff of the District are hereby authorized and directed to take all actions necessary or desirable in connection with the issuance and delivery of the Series 2025 Bond, and final levy of the Series 2025 Assessments, and the consummation of all transactions in connection therewith, including the execution of all certificates, documents, papers, notices, and agreements necessary to the undertaking and fulfillment of all transactions referred to in or contemplated by the this Resolution. The Vice Chairperson is hereby authorized to act in the stead of the Chairperson in any undertaking authorized or required of the Chairperson hereunder, and in the absence of the Chairperson and Vice Chairperson, any other member of the District’s Board of Supervisors is so authorized, and any Assistant Secretary is hereby authorized to act in the stead of the Secretary in any undertaking authorized or required of the Secretary hereunder.
	3.	CONFLICTS. This Resolution is intended to supplement the 2025 Assessment Resolutions, which remain in full force and effect and is applicable to the Series 2025 Bond except as modified herein. This Resolution and the2025 Assessment Resolutions shall be construed to the maximum extent possible to give full force and effect to the provisions of each resolution, provided however that to the extent of any conflict, this Resolution shall control. All District resolutions or parts thereof in actual conflict with this Resolution are, to the extent of such conflict, superseded and repealed.
	4.	SEVERABILITY. If any section or part of a section of this Resolution is declared invalid or unconstitutional, the validity, force and effect of any other section or part of a section of
this Resolution shall not thereby be affected or impaired unless it clearly appears that such other section or part of a section of this Resolution is wholly or necessarily dependent upon the section or part of a section so held to be invalid or unconstitutional.
	1.	EFFECTIVE DATE. This Resolution shall become effective upon its adoption.

APPROVED and ADOPTED this 15th day of September 2025.
ATTEST:	WYNNFIELD LAKES COMMUNITY DEVELOPMENT DISTRICT

Secretary/ Asst. Secretary	Kristi Sweeny, Chairperson

Exhibit A:	2025 Engineer’s Report, dated July 16, 2025
Exhibit B:	Special Assessment Methodology Report for the	Special Assessment Refunding and Revenue Bond, Series 2025, dated July 23, 2025
Exhibit C:	Legal Description of the Assessment Area
Comp. Exhibit D:	Maturities and Coupon of the Bonds
Sources and Uses of Funds for the Bonds Annual Debt Service Payment Due on the Bonds

6
EXHIBIT A
Engineer’s Report
EXHIBIT B
Assessment Report
EXHIBIT C
Legal Description of the District
COMPOSITE EXHIBIT D
Maturities and Coupon of the Bonds Sources and Uses of Funds for the Bonds
Annual Debt Service Payment Due on the Bonds

D.
-4   SeacoastBank
Seacoast National Bani<

August18,2025

Wynnfield Lakes Community Development District C/O M BS Capital Markets, LLC
Attn: Rhonda Mossing 1005 Bradford Way
l<ingston, TN 37763

Re: Term Sheet Proposal

Dear Rhonda,

We are pleased to advise you that Seacoast National Bank is willlng to consider providing financing to Wynnfield Lakes Community Development District. The credit facility will be based substantially on the proposed summary of terms and conditions set forth in the attached Annex I; together with this cover letter, the "Proposal Letter".

This Proposal Letter is merely an expression of interest by the Bank in the proposed financing and should not be construed to be expressly or by implication, a commitment, an offer, an agreement in principle or an agreement by the Bank to make the Loan. The terms are subject to standard credit underwriting and approval by the Bank.

We look forward to working with youon this financing request. If these general terms are satisfactory to you, and you would like the Bank to begin its formal underwriting process toward seeking the appropriate credit approval, please sign this letter where provided below and return no later than August 20, 2025.

Should you have any questions regarding the Proposal Letter, please feel free to call me at (941) 920- 4716.

/	s?ely,

(	/-?=-	?	=:::::::.
Andres F. Rincon, SVP
1950 Ringling Boulevard
Sarasota, FL 34236

(941} 920-4716
Andres.rincon@seacoastbank.com

SeacoastBank.com	815 Colorado Avenue	T 800706 9991

ANNEX I
-4   SeacoastBank
Seacoast National Bani<

BORROWER LOAN AMOUNT GUARANTORS CREDIT FACILITY PURPOSE

MATURITY INDICATIVE RATES LOAN FEES REPAYMENT
PREPAYMENT PENALTY

COLLATERAL

DEPOSIT RELATIONSHIP

MADS RESERVE ACCOUNT COSTS
Wynnfield LakesCOD

Not to exceed $618151000. Not Applicable
Tax-Exempt, Bank Qualified Term Loan

Refund the Special Assessment Refunding Bond, Series 2014; Generate a new money revenue bond for the purpose of funding the 2025 Project outlined in the Supplemental Engineer's Report for the Series 2025 Project dated June 24, 2025; Pay related costs of issuance

May 1, 2041

Fixed rate of 4.50% with a Tax Equivalent Yield of 5.67% SO bps of final loan amount
Annual principal payments with semi-annual Interest payments.

The proposed bank loan will be non-callable for the first 5 years from closing. Property owners will be allowed to prepay their assessments at any time during the term of the loan.

Pledge of Non-Ad valorem special assessment on 576 assessable units within the District, Including, without limitation, amounts received from any foreclosure proceeding for the enforcement of collection of such Assessments or, if applicable, from the Issuance and sale of tax certificates with respect to such assessments.

Borrower will be required to maintain Its primary Operating Account, Money Market Account, and Reserve Account with Seacoast National Bani< for the term of the Loan.

Non-Required

Standard and reasonable costs related to this loan transaction are the responsibility of the Borrower.

ADDITIONAL COVENANTS
AND CONDITIONS	Receipt and Satisfactory review by Seacoast National Bank-engaged
legal counsel of the legal documentation provided by the Bond Counsel engaged in this transaction. Bond Counsel Opinion to Include, among other required information, that the form of the proposed Bonds is

),(p)till,it.f
SeacoastBank.com	815 Colorado /lvenue	T 800 706 9991

regular' and proper to include an opinion as to tax exemption and enforceability.

Receipt and satisfactory review of the Master Trust Indenture for the proposed funding.

Receipt and satisfactory review of the Series 2025 Bonds Report utilizing the agreed upon terms (loan amount, Interest rate, payment schedule, etc.)

FINANCIAL REPORTING

TAX-EXEMPT STATUS
On an annual basis, within 270 days of the Fiscal year end, a copy of the audited financial statements for the Borrower.

On an annual basis, within 90 days of the Fiscal year end, a copy of an Internally prepared financial statement for the Borrower.

Failure to provide the financial statements and reports as provided in the preceding paragraphs, after three (3) Business Days' written notice to the District, the District Manager and Counsel to the District, with a copy to the Trustee, shall constitute a "Financial Covenant Reporting Failure." Upon the occurrence of a Financial Covenant Reporting Failure Seacoast National Bank may enforce the provisions of this section by action In mandamus or specific performance, to compel performance of the District's financial reporting obligations under this section. A financial Covenant Reporting Failure under this section shall not constitute an Event of Default under the Master Indenture.

In the event this loan is deemed to no longer be tax exempt, then in such event Borrower shall also pay to Bank, at the time such Interest is paid all additional amounts which Bank specifies as necessary to preserve the after-tax yield that Bank would have received at each Interest payment date had the loan remained tax exempt.

The Borrower agrees to pay, and Indemnify Bank with respect to, any present or future stamp or documentary taxes, or any other excise or property taxes, charges or similar levies which arise from any payment made under this Loan or from the execution, delivery or registration of, or otherwise with respect to this Loan or any agreement or instrument required by, or executed or delivered in connection with, this Loan.

This Indicative Term Sheet is for discussion and Illustrative purposes only and does not represent a commitment by Seacoast National Bank to provide an extension of credit.
I have reviewed and hereby accept the proposed terms and conditions stated in this letter.

Moml,n
THIS TERM SHEET IS AN OUTLINE ONLY AND DOES NOT PURPORT TO SUMMARIZE ALL THE CONDITIONS, COVENANTS, REPRESENTATIONS, WARRANTIES AND OTHER PROVISIONS WHICH WOULD BE CONTAINED IN DEFINITIVE LEGAL DOCUMENTATION FOR THE FACILITIES CONTEMPLATED HEREIN.

Accepted on this 20  day of	Au..jvS? , 2025. Wynnfield Lakes Community Development District

By:_.D??		  Printed Name:	:Do."': c: \	LO-AAj ,h,·(\

.Memboa·

E.
This Instrument Prepared by and return to:
Lauren Gentry, Esq. Kilinski Van Wyk PLLC 517 E. College Avenue Tallahassee, Florida 32301

WYNNFIELD LAKES COMMUNITY DEVELOPMENT DISTRICT NOTICE OF LIEN OF SPECIAL ASSESSMENTS FOR
CAPITAL IMPROVEMENT REVENUE AND REFUNDING BOND, SERIES 2025

PLEASE TAKE NOTICE that the Board of Supervisors of the Wynnfield Lakes Community Development District (the “District”), in accordance with Chapters 170, 190, and 197, Florida Statutes, previously adopted Resolutions 2014-04, 2014-05, and 2014-08 (the “2014 Assessment Resolutions”), levying non-ad valorem special assessments on real property within the boundaries of the District that is specially benefited by certain public improvements (the “Capital Improvement Plan”), as described in such 2014 Assessment Resolutions and in the District’s adopted Wynnfield Lakes Community Development District Improvement Plan, dated July 29, 2005 (the “2005 Engineer’s Report”), to pay debt service on the District’s Special Assessment Refunding Bonds, Series 2014 (the “Series 2014 Refunding Bonds”). On September 19, 2025, the District issued its Wynnfield Lakes Community Development District Capital Improvement Revenue and Refunding Bond, Series 2025 (the “Series 2025 Bond”), to refund and redeem its Series 2014 Bonds and to finance its Series 2025 Project, as described in the 2025 Engineer’s Report, dated July 16, 2025. In connection therewith, the District has adopted Resolution 2025-06, 2025-09, and 2025-11 (the “Series 2025 Assessment Resolutions”, and together with the Series 2014 Assessment Resolutions, the “Assessment Resolutions”). The Series 2025 Bond is secured by special assessments levied pursuant to the Assessment Resolutions on real property within the boundaries of the District that continues to be specially benefitted by the District’s Capital Improvement Plan, including the
Series 2025 Project, as described in the Assessment Resolutions and in the District’s adopted Special Assessment Methodology Report for the Special Assessment Refunding and Revenue Bond, Series 2025,, dated September 15, 2025 (the “Final Supplemental Assessment Report”). The description of the lands within the District on which the Series 2025 Assessments are imposed is attached to this Notice as Exhibit A. Copies of the Final Supplemental Assessment Report, the Engineer’s Report, and the Assessment Resolutions may be obtained by contacting the District offices at:
Wynnfield Lakes Community Development District Governmental Management Services, LLC
475 West Town Place,
Suite 114 St. Augustine, FL 32092
Phone: (904) 940-5850
Fax: (904) 940-5899
The non-ad valorem special assessments provided for in the Assessment Resolutions were legally and validly determined and levied in accordance with all applicable requirements of Florida law, and these non-ad valorem special assessments constitute and will at all relevant times in the future constitute, legal, valid, and binding first liens on the land against which assessed until paid, coequal with the lien of all state, county, district, and municipal taxes, and superior in dignity to all other liens, titles, and claims.
The District is a local unit of special-purpose government established pursuant to and governed by Chapter 190, Florida Statutes. Pursuant to Section 190.048, Florida Statutes, you are hereby notified that: THE WYNNFIELD LAKES COMMUNITY DEVELOPMENT DISTRICT MAY IMPOSE AND LEVY TAXES OR ASSESSMENTS, OR BOTH TAXES AND ASSESSMENTS, ON THIS PROPERTY. THESE TAXES AND ASSESSMENTS PAY THE CONSTRUCTION, OPERATION, AND MAINTENANCE COSTS OF CERTAIN PUBLIC FACILITIES AND SERVICES OF THE DISTRICT AND ARE SET ANNUALLY BY THE GOVERNING BOARD OF THE DISTRICT. THESE TAXES AND ASSESSMENTS ARE IN ADDITION  TO  COUNTY  AND  OTHER  LOCAL  GOVERNMENTAL  TAXES  AND
ASSESSMENTS AND ALL OTHER TAXES AND ASSESSMENTS PROVIDED FOR BY
LAW.
IN WITNESS WHEREOF, this Notice has been executed as of the 19th day of September

2025, and recorded in the Official Records of Duval County, Florida.
WYNNFIELD LAKES COMMUNITY DEVELOPMENT DISTRICT
By:	
Its: Chairperson

Witness	Witness

Print Name	Print Name
Address: 		Address: 	

STATE OF FLORIDA ) COUNTY OF DUVAL)

The foregoing instrument was acknowledged before me by means of ▢ physical presence or ▢ online notarization, this    day of September 2025, by Kristi Sweeney, as Chairperson, Board of Supervisors for the Wynnfield Lakes Community Development District.

Name: 	 Personally Known 	 OR Produced Identification 	 Type of Identification 	
EXHIBIT A LEGAL DESCRIPTION

FIFTH ORDER OF BUSINESS
RESOLUTION 2025-12

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE WYNNFIELD LAKES COMMUNITY DEVELOPMENT DISTRICT TO DESIGNATE DATE, TIME AND PLACE OF PUBLIC HEARING AND AUTHORIZATION TO PUBLISH NOTICE OF SUCH HEARING FOR THE PURPOSE OF ADOPTING RESTATED RULES OF PROCEDURE; AND PROVIDING AN EFFECTIVE DATE
Whereas, Wynnfield Lakes Community Development District (the “District”) is a local unit of special-purpose government created and existing pursuant to Chapter 190, Florida Statutes, being situated entirely within the City of Jacksonville, Duval County, Florida; and

Whereas, the Board of Supervisors of the District (the “Board”) is authorized by Section 190.011(5), Florida Statutes, to adopt rules and orders pursuant to Chapter 120, Florida Statutes; and

Whereas, the Board previously adopted Rules of Procedure to govern the operation and administration of the District and now wishes to set a public hearing to consider amendments thereto.

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE WYNNFIELD LAKES COMMUNITY DEVELOPMENT DISTRICT:
SECTION 1. A Public Hearing will be held to adopt the District’s Amended and Restated Rules of Procedure on 	, 2025, at 6:00 p.m., at the University of North Florida University Center, 12000 Alumni Drive, Room 1020, Jacksonville, Florida.
SECTION 2. The District Secretary is directed to publish notice of the hearing in accordance with Section 120.54, Florida Statutes.
Section 3. This Resolution shall become effective immediately upon its adoption.
Passed and Adopted this 15th day of September 2025.

ATTEST:	WYNNFIELD LAKES COMMUNITY DEVELOPMENT DISTRICT

Secretary/Assistant Secretary	Chairperson, Board of Supervisors

Exhibit A:	Proposed Amended and Restated Rules of Procedure
RULES OF PROCEDURE
[DISTRICT] COMMUNITY DEVELOPMENT DISTRICT EFFECTIVE AS OF [DATE]
TABLE OF CONTENTS
Rule 1.0	General.	2
Rule 1.1	Board of Supervisors; Officers and Voting.	3
Rule 1.2 	District Offices; Public Information and Inspection of Records; Policies; Service Contract Requirements; Financial Disclosure Coordination.	7
Rule 1.3	Public Meetings, Hearings, and Workshops.	10
Rule 1.4	Internal Controls to Prevent Fraud, Waste and Abuse	15
Rule 2.0 	Rulemaking Proceedings	16
Rule 3.0	Competitive Purchase	22
Rule 3.1	Procedure Under the Consultants' Competitive Negotiations Act.	27
Rule 3.2	Procedure Regarding Auditor Selection.	31
Rule 3.3	Purchase of Insurance	35
Rule 3.4	Pre-qualification	37
Rule 3.5	Construction Contracts, Not Design-Build.	43
Rule 3.6	Construction Contracts, Design-Build.	47
Rule 3.7 	Payment and Performance Bonds.	52
Rule 3.8	Goods, Supplies, and Materials.	53
Rule 3.9	Maintenance Services.	57
Rule 3.10	Contractual Services.	60
Rule 3.11	Protests with Respect to Proceedings under Rules 3.1, 3.2, 3.3, 3.4, 3.5,
3.6, 3.8, and 3.9.	61
Rule 4.0	Effective Date.	64
Rule 1.0	General.

	1.	The [District] Community Development District (“District”) was created pursuant to the provisions of Chapter 190 of the Florida Statutes, and was established to provide for the ownership, operation, maintenance, and provision of various capital facilities and services within its jurisdiction. The purpose of these rules (“Rules”) is to describe the general operations of the District.

	1.	Definitions located within any section of these Rules shall be applicable within all other sections, unless specifically stated to the contrary.

	1.	Unless specifically permitted by a written agreement with the District, the District does not accept documents filed by electronic mail or facsimile transmission. Filings are only accepted during normal business hours, which are 9:00 a.m. to 5:00 p.m., Monday through Friday, excluding holidays.

	1.	A Rule of the District shall be effective upon adoption by affirmative vote of the District Board. After a Rule becomes effective, it may be repealed or amended only through the rulemaking procedures specified in these Rules. Notwithstanding, the District may immediately suspend the application of a Rule if the District determines that the Rule conflicts with Florida law. In the event that a Rule conflicts with Florida law and its application has not been suspended by the District, such Rule should be interpreted in the manner that best effectuates the intent of the Rule while also complying with Florida law. If the intent of the Rule absolutely cannot be effectuated while complying with Florida law, the Rule shall be automatically suspended.

Specific Authority: §§ 190.011(5), 190.011(15), Fla. Stat. Law Implemented: §§ 190.011(5), 190.011(15), Fla. Stat.
Rule 1.1	Board of Supervisors; Officers and Voting.

	1.	Board of Supervisors. The Board of Supervisors of the District (“Board”) shall consist of five (5) members. Members of the Board (“Supervisors”) appointed by ordinance or rule or elected by landowners must be citizens of the United States of America and residents of the State of Florida. Supervisors elected or appointed by the Board to elector seats must be citizens of the United States of America, residents of the State of Florida and of the District and registered to vote with the Supervisor of Elections of the county in which the District is located and for those elected, shall also be qualified to run by the Supervisor of Elections. The Board shall exercise the powers granted to the District under Florida law.

	a.	Supervisors shall hold office for the term specified by Section 190.006 of the Florida Statutes. If, during the term of office, any Board member(s) vacates their office, the remaining member(s) of the Board shall fill the vacancies by appointment for the remainder of the term(s). If three or more vacancies exist at the same time, a quorum, as defined herein, shall not be required to appoint replacement Board members.

	a.	Three (3) members of the Board shall constitute a quorum for the purposes of conducting business, exercising powers and all other purposes. A Board member shall be counted toward the quorum if physically present at the meeting, regardless of whether such Board member is prohibited from, or abstains from, participating in discussion or voting on a particular item.

	a.	Action taken by the Board shall be upon a majority vote of the members present, unless otherwise provided in the Rules or required by law. Subject to Rule 1.3(10), a Board member participating in the Board meeting by teleconference or videoconference shall be entitled to vote and take all other action as though physically present.

	a.	Unless otherwise provided for by an act of the Board, any one Board member may attend a mediation session on behalf of the Board. Any agreement resulting from such mediation session must be approved pursuant to subsection (1)(c) of this Rule.

	1.	Officers. At the first Board meeting held after each election where the newly elected members take office, the Board shall select a Chairperson, Vice-Chairperson, Secretary, Assistant Secretary, and Treasurer.

	a.	The Chairperson must be a member of the Board. If the Chairperson resigns from that office or ceases to be a member of the Board, the Board shall select a Chairperson. The Chairperson serves at the pleasure of the Board. The Chairperson shall be authorized to execute resolutions and contracts on the District’s behalf. The Chairperson shall convene and conduct all meetings of the Board. In the event the Chairperson is unable to attend a
meeting, the Vice-Chairperson shall convene and conduct the meeting. The Chairperson or Vice-Chairperson may delegate the responsibility of conducting the meeting to the District’s manager (“District Manager”) or District Counsel, in whole or in part.

	a.	The Vice-Chairperson shall be a member of the Board and shall have such duties and responsibilities as specifically designated by the Board from time to time. The Vice-Chairperson has the authority to execute resolutions and contracts on the District’s behalf in the absence of the Chairperson. If the Vice-Chairperson resigns from office or ceases to be a member of the Board, the Board shall select a Vice-Chairperson. The Vice-Chairperson serves at the pleasure of the Board.

	a.	The Secretary of the Board serves at the pleasure of the Board and need not be a member of the Board. The Secretary shall be responsible for maintaining the minutes of Board meetings and may have other duties assigned by the Board from time to time. An employee of the District Manager may serve as Secretary. The Secretary shall be bonded by a reputable and qualified bonding company in at least the amount of one million dollars ($1,000,000), or have in place a fidelity bond, employee theft insurance policy, or a comparable product in at least the amount of one million dollars ($1,000,000) that names the District as an additional insured.

	a.	The Treasurer need not be a member of the Board but must be a resident of the State of Florida. The Treasurer shall perform duties described in Section 190.007(2) and (3) of the Florida Statutes, as well as those assigned by the Board from time to time. The Treasurer shall serve at the pleasure of the Board. The Treasurer shall either be bonded by a reputable and qualified bonding company in at least the amount of one million dollars ($1,000,000), or have in place a fidelity bond, employee theft insurance policy, or a comparable product in at least the amount of one million dollars ($1,000,000) that names the District as an additional insured.

	a.	In the event that both the Chairperson and Vice-Chairperson are absent from a Board meeting and a quorum is present, the Board may designate one of its members or a member of District staff to convene and conduct the meeting. In such circumstances, any of the Board members present are authorized to execute agreements, resolutions, and other documents approved by the Board at such meeting. In the event that the Chairperson and Vice-Chairperson are both unavailable to execute a document previously approved by the Board, the Secretary or any Assistant Secretary may execute such document.

	a.	The Board may assign additional duties to District officers from time to time, which include, but are not limited to, executing documents on behalf of the District.
	b.	The Chairperson, Vice-Chairperson, and any other person authorized by District Resolution may sign checks and warrants for the District, countersigned by the Treasurer or other persons authorized by the Board.

	1.	Committees. The Board may establish committees of the Board, either on a permanent or temporary basis, to perform specifically designated functions. Committees may include individuals who are not members of the Board. Such functions may include, but are not limited to, review of bids, proposals, and qualifications, contract negotiations, personnel matters, and budget preparation. Florida Open Meetings Laws apply to such Committees.

	1.	Record Book. The Board shall keep a permanent record book entitled “Record of Proceedings,” in which shall be recorded minutes of all meetings, resolutions, proceedings, certificates, and corporate acts. The Records of Proceedings shall be located at a District office and shall be available for inspection by the public.

	1.	Meetings. For each fiscal year, the Board shall establish a schedule of regular meetings, which shall be published in a newspaper of general circulation in the county in which the District is located and filed with the local general-purpose governments within whose boundaries the District is located. All meetings of the Board and Committees serving an advisory function shall be open to the public in accordance with the provisions of Chapter 286 of the Florida Statutes.

	1.	Voting Conflict of Interest. The Board shall comply with Section 112.3143 of the Florida Statutes, so as to ensure the proper disclosure of conflicts of interest on matters coming before the Board for a vote. For the purposes of this section, "voting conflict of interest" shall be governed by the Florida Constitution and Chapters 112 and 190 of the Florida Statutes, as amended from time to time. Generally, a voting conflict exists when a Board member is called upon to vote on an item which would inure to the Board member’s special private gain or loss or the Board member knows would inure to the special private gain or loss of a principal by whom the Board member is retained, the parent organization or subsidiary of a corporate principal, a business associate, or a relative including only a father, mother, son, daughter, husband, wife, brother, sister, father-in-law, mother-in-law, son-in-law, and daughter-in-law.

	a.	When a Board member knows the member has a conflict of interest on a matter coming before the Board, the member should notify the Board’s Secretary prior to participating in any discussion with the Board on the matter. The Board member shall publicly announce the conflict of interest at the meeting. This announcement shall appear in the minutes.

If the Board member was elected at a landowner’s election or appointed to fill a vacancy of a seat last filled at a landowner’s election, the Board member may vote or abstain from voting on the matter at issue. If the Board
member was elected by electors residing within the District, the Board member is prohibited from voting on the matter at issue. In the event that the Board member intends to abstain or is prohibited from voting, such Board member shall not participate in the discussion on the item subject to the vote.

The Board’s Secretary shall prepare a Memorandum of Voting Conflict (Form 8B) which shall then be signed by the Board member, filed with the Board’s Secretary, and provided for attachment to the minutes of the meeting within fifteen (15) days of the meeting.

	a.	If a Board member inadvertently votes on a matter and later learns he or she has a conflict on the matter, the member shall immediately notify the Board’s Secretary. Within fifteen (15) days of the notification, the member shall file the appropriate Memorandum of Voting Conflict, which will be attached to the minutes of the Board meeting during which the vote on the matter occurred. The Memorandum of Voting Conflict shall immediately be provided to other Board members and shall be read publicly at the next meeting held subsequent to the filing of the Memorandum of Voting Conflict. The Board member’s vote is unaffected by this filing.

	a.	It is not a conflict of interest for a Board member, the District Manager, or an employee of the District to be a stockholder, officer or employee of a landowner or of an entity affiliated with a landowner.

	a.	In the event that a Board member elected at a landowner’s election or appointed to fill a vacancy of a seat last filled at a landowner’s election, has a continuing conflict of interest, such Board member is permitted to file a Memorandum of Voting Conflict at any time in which it shall state the nature of the continuing conflict. Only one such continuing Memorandum of Voting Conflict shall be required to be filed for each term the Board member is in office.

Specific Authority: §§ 190.011(5), 190.011(15), Fla. Stat. Law Implemented: §§ 112.3143, 190.006, 190.007, Fla. Stat.
Rule 1.2	District Offices; Public Information and Inspection of Records; Policies; Service Contract Requirements; Financial Disclosure Coordination.

	1.	District Offices. Unless otherwise designated by the Board, the official District office shall be the District Manager’s office identified by the District Manager. If the District Manager’s office is not located within the county in which the District is located, the Board shall designate a local records office within such county which shall at a minimum contain, but not be limited to, the following documents:

	a.	Agenda packages for prior twenty-four (24) months and next meeting;

	a.	Official minutes of meetings, including adopted resolutions of the Board;

	a.	Names and addresses of current Board members and District Manager, unless such addresses are protected from disclosure by law;

	a.	Adopted engineer’s reports;

	a.	Adopted assessment methodologies/reports;

	a.	Adopted disclosure of public financing;

	a.	Limited Offering Memorandum for each financing undertaken by the District;

	a.	Proceedings, certificates, bonds given by all employees, and any and all corporate acts;

	a.	District policies and rules;

	a.	Fiscal year end audits; and

	a.	Adopted budget for the current fiscal year.

The District Manager shall ensure that each District records office contains the documents required by Florida law.

	1.	Public Records. District public records include, but are not limited to, all documents, papers, letters, maps, books, tapes, photographs, films, sound recordings, data processing software, or other material, regardless of the physical form, characteristics, or means of transmission, made or received in connection with the transaction of official business of the District. All District public records not otherwise restricted by law may be copied or inspected at the District Manager’s office during regular business hours. Certain District records can also be inspected and copied at the District’s local records office during regular business hours. All written public records requests shall be directed to the Secretary who by these rules
is appointed as the District’s records custodian. Regardless of the form of the request, any Board member or staff member who receives a public records request shall immediately forward or communicate such request to the Secretary for coordination of a prompt response. The Secretary, after consulting with District Counsel as to the applicability of any exceptions under the public records laws, shall be responsible for responding to the public records request. At no time can the District be required to create records or summaries of records, or prepare opinions regarding District policies, in response to a public records request.

	1.	Service Contracts. Any contract for services, regardless of cost, shall include provisions required by law that require the contractor to comply with public records laws. The District Manager shall be responsible for initially enforcing all contract provisions related to a contractor’s duty to comply with public records laws.

	1.	Fees; Copies. Copies of public records shall be made available to the requesting person at a charge of $0.15 per page for one-sided copies and $0.20 per page for two-sided copies if not more than 8 ½ by 14 inches. For copies of public records in excess of the sizes listed in this section and for outside duplication services, the charge shall be equal to the actual cost of reproduction. Certified copies of public records shall be made available at a charge of one dollar ($1.00) per page. If the nature or volume of records requested requires extensive use of information technology resources or extensive clerical or supervisory assistance, the District may charge, in addition to the duplication charge, a special service charge that is based on the cost the District incurs to produce the records requested. This charge may include, but is not limited to, the cost of information technology resource, employee labor, and fees charged to the District by consultants employed in fulfilling the request. In cases where the special service charge is based in whole or in part on the costs incurred by the District due to employee labor, consultant fees, or other forms of labor, those portions of the charge shall be calculated based on the lowest labor cost of the individual(s) who is/are qualified to perform the labor, taking into account the nature andor volume of the public records to be inspected or copied. The charge may include the labor costs of supervisory and/or clerical staff whose assistance is required to complete the records request, in accordance with Florida law. For purposes of this Rule, the word “extensive” shall mean that it will take more than 15 minutes to locate, review for confidential information, copy and re-file the requested material. In cases where extensive personnel time is determined by the District to be necessary to safeguard original records being inspected, the special service charge provided for in this section shall apply. If the total fees, including but not limited to special service charges, are anticipated to exceed twenty-five dollars ($25.00), then, prior to commencing work on the request, the District will inform the person making the public records request of the estimated cost, with the understanding that the final cost may vary from that estimate. If the person making the public records request decides to proceed with the request, payment of the estimated cost is required in advance. Should the person fail to pay the estimate, the District is under no duty to produce the requested records. After the request has been fulfilled, additional payments or credits may be
due. The District is under no duty to produce records in response to future records requests if the person making the request owes the District for past unpaid duplication charges, special service charges, or other required payments or credits.

	1.	Records Retention. The Secretary of the District shall be responsible for retaining
the District’s records in accordance with applicable Florida law.

	1.	Policies. The Board may adopt policies related to the conduct of its business and the provision of services either by resolution or motion.

	1.	Financial Disclosure Coordination. Unless specifically designated by Board resolution otherwise, the Secretary shall serve as the Financial Disclosure Coordinator (“Coordinator”) for the District as required by the Florida Commission on Ethics (“Commission”). The Coordinator shall create, maintain and update a list of the names, e-mail addresses, physical addresses, and names of the agency of, and the office or position held by, all Supervisors and other persons required by Florida law to file a statement of financial interest due to theihis or her affiliation with the District (“Reporting Individual”). The Coordinator shall provide this list to the Commission by February 1 of each year, which list shall be current as of December 31 of the prior year. Each Supervisor and Reporting Individual shall promptly notify the Coordinator in writing if there are any changes to such person’s name, e-mail address, or physical address. Each Supervisor and Reporting Individual shall promptly notify the Commission in the manner prescribed by the Commission if there are any changes to such person’s e-mail address.

Specific Authority: §§ 190.011(5), 190.011(15), Fla. Stat.
Law Implemented: §§ 112.31446(3), 112.3145(8)(a)1., 119.07, 119.0701, 190.006, Fla. Stat.
Rule 1.3	Public Meetings, Hearings, and Workshops.

	1.	Notice. Except in emergencies, or as otherwise required by statute or these Rules, at least seven (7) days’ public notice shall be given of any public meeting, hearing or workshop of the Board. Public notice shall be given by publication in a newspaper of general circulation in the District and in the county in which the District is located. “General circulation” means a publication that is printed and published at least once a week for the preceding year, offering at least 25% of its words in the English language, qualifies as a periodicals material for postal purposes in the county in which the District is located, is for sale to the public generally, is available to the public generally for the publication of official or other notices, and is customarily containing information of a public character or of interest or of value to the residents or owners of property in the county where published, or of interest or of value to the general public. The annual meeting notice required to be published by Section 189.015 of the Florida Statutes, shall be published in a newspaper not of limited subject matter, which is published at least five days a week, unless the only newspaper in the county is published less than five days a week, and shall satisfy the requirement to give at least seven (7) days’ public notice stated herein. Each Notice shall state, as applicable:

	a.	The date, time and place of the meeting, hearing or workshop;

	a.	A brief description of the nature, subjects, and purposes of the meeting, hearing, or workshop;

	a.	The District office address for the submission of requests for copies of the agenda, as well as a contact name and telephone number for verbal requests for copies of the agenda; and

	a.	The following or substantially similar language: “Pursuant to provisions of the Americans with Disabilities Act, any person requiring special accommodations to participate in this meeting/hearing/workshop is asked to advise the District Office at least forty-eight (48) hoursthree (3) business days before the meeting/hearing/workshop by contacting the District Manager at 	. If you are hearing or speech impaired, please contact the Florida Relay Service at 1 (800) 955-8770 or 1 (800) 955- 8771, who can aid you in contacting the District Office.”

	a.	The following or substantially similar language: “A person who decides to appeal any decision made at the meeting/hearing/workshop with respect to any matter considered at the meeting/hearing/workshop 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 the appeal is to be based.”
	b.	The following or substantially similar language: “The meeting [or hearing or workshop] may be continued in progress without additional notice to a time, date, and location stated on the record.”

The date, time, and place of each meeting, hearing, or workshop of the Board shall additionally be posted on the District’s website at least seven (7) days before each meeting, hearing, or workshop.

	1.	Mistake. In the event that a meeting is held under the incorrect assumption that notice required by law and these Rules has been given, the Board at its next properly noticed meeting shall cure such defect by considering the agenda items from the prior meeting individually and anew.

	1.	Agenda. The District Manager, under the guidance of District Counsel and the Chairperson or Vice-Chairperson, shall prepare an agenda of the meeting/hearing/workshop. The agenda and any meeting materials available in an electronic format, excluding any confidential and any confidential and exempt information, shall be available to the public at least seven days before the meeting/hearing/workshop, except in an emergency. Meeting materials shall be defined as, and limited to, the agenda, meeting minutes, resolutions, and agreements of the District that District staff deems necessary for Board approval (“Meeting Materials”). Inclusion of additional materials for Board consideration other than those defined herein as “meeting materials” shall not convert such materials into Meeting Materials. For good cause, which includes but is not limited to emergency situations, time-sensitive matters, or newly discovered information essential for Board consideration, the agenda may be changed after it is first made available for distribution, and additional materials may be added or provided under separate cover at the meeting. The requirement of good cause shall be liberally construed to allow the District to efficiently conduct business and to avoid the expenses associated with special meetings.

The District may, but is not required to, use the following format, or similar format, in preparing its agenda for its regular meetings:

Call to order Roll call
Public comment Organizational matters Review of minutes
Specific items of old business Specific items of new business Staff reports
	a.	District Counsel
	b.	District Engineer
	c.	District Manager
	1.	Financial Report
	2.	Approval of Expenditures Supervisor’s requests and comments Public comment
Adjournment

	1.	Minutes. The Secretary shall be responsible for preparing and keeping the minutes of each meeting of the Board. Minutes shall be corrected and approved by the Board at a subsequent meeting. The Secretary may work with other staff members in preparing draft minutes for the Board’s consideration.

	1.	Special Requests. Persons wishing to receive, by mail, notices or agendas of meetings, may so advise the District Manager or Secretary at the District Office. Such persons shall furnish a mailing address in writing and shall be required to pre- pay the cost of the copying and postage.

	1.	Emergency Meetings. The Chairperson, or Vice-Chairperson if the Chairperson is unavailable, upon consultation with the District Manager and District Counsel, if available, may convene an emergency meeting of the Board without first having complied with sections (1) and (3) of this Rule, to act on emergency matters that may affect the public health, safety, or welfare. Whenever possible, the District Manager shall make reasonable efforts to provide public notice and notify all Board members of an emergency meeting twenty-four (24) hours in advance. Reasonable efforts may include telephone notification. Notice of the emergency meeting must be provided both before and after the meeting on the District’s website, including the specific reasons for the emergency meeting. Whenever an emergency meeting is called, the District Manager shall be responsible for notifying at least one newspaper of general circulation in the District. After an emergency meeting, the Board shall publish in a newspaper of general circulation in the District, the time, date and place of the emergency meeting, the reasons why an emergency meeting was necessary, and a description of the action taken. Actions taken at an emergency meeting may be ratified by the Board at a regularly noticed meeting subsequently held.

	1.	Public Comment. The Board shall set aside a three (3) minutes per person, unless extended or reduced by the Chairperson based on the number of speakers and meeting agenda and other reasonable factorsreasonable amount of time at each meeting for public comment and members of the public shall be permitted to provide comment on any proposition before the Board. The portion of the meeting generally reserved for public comment shall be identified in the agenda. Policies governing public comment may be adopted by the Board in accordance with Florida law.

	1.	Budget Hearing. Notice of hearing on the annual budget(s) shall be in accord with Section 190.008 of the Florida Statutes. Once adopted in accord with Section
190.008 of the Florida Statutes, the annual budget(s) may be amended from time to time by action of the Board. Approval of invoices by the Board in excess of the
funds allocated to a particular budgeted line item shall serve to amend the budgeted line item.

	1.	Public Hearings. Notice of required public hearings shall contain the information required by applicable Florida law and by these Rules applicable to meeting notices and shall be mailed and published as required by Florida law. The District Manager shall ensure that all such notices, whether mailed or published, contain the information required by Florida law and these Rules and are mailed and published as required by Florida law. Public hearings may be held during Board meetings when the agenda includes such public hearing.

	1.	Participation by Teleconference/Videoconference. District staff may participate in Board meetings by teleconference or videoconference. Board members may also participate in Board meetings by teleconference or videoconference if in the good judgment of the Board extraordinary circumstances exist; provided however, at least three Board members must be physically present at the meeting location to establish a quorum. Such extraordinary circumstances shall be presumed when a Board member participates by teleconference or videoconference, unless a majority of the Board members physically present determines that extraordinary circumstances do not exist. Extraordinary circumstances may include, but are not limited to, illness, family emergencies, or other significant schedule conflicts which prevent in-person meeting attendance.

	1.	Board Authorization. The District has not adopted Robert’s Rules of Order. For each agenda item, there shall be discussion permitted among the Board members during the meeting. Unless such procedure is waived by the Board, approval or disapproval of resolutions and other proposed Board actions shall be in the form of a motion by one Board member, a second by another Board member, an opportunity for final board discussion and an affirmative vote by the majority of the Board members present. Any Board member, including the Chairperson, can make or second a motion.

	1.	Continuances. Any meeting or public hearing of the Board may be continued without re-notice or re-advertising provided that:

	a.	The Board identifies on the record at the original meeting a reasonable need for a continuance;

	a.	The continuance is to a specified date, time, and location publicly announced at the original meeting; and

	a.	The public notice for the original meeting states that the meeting may be continued to a date and time and states that the date, time, and location of any continuance shall be publicly announced at the original meeting and posted at the District Office immediately following the original meeting.
	2.	Attorney-Client Sessions. An Attorney-Client Session is permitted when the District’s attorneys deem it necessary to meet in private with the Board to discuss pending litigation to which the District is a party before a court or administrative agency or as may be authorized by law. The District’s attorney must request such session at a public meeting. Prior to holding the Attorney-Client Session, the District must give reasonable public notice of the time and date of the session and the names of the persons anticipated to attend the session. The session must commence at an open meeting in which the Chairperson or Vice-Chairperson announces the commencement of the session, the estimated length of the session, and the names of the persons who will be attending the session. The discussion during the session is confined to settlement negotiations or strategy related to litigation expenses or as may be authorized by law. Only the Board, the District’s attorneys (including outside counsel), the District Manager, and the court reporter may attend an Attorney-Client Session. During the session, no votes may be taken and no final decisions concerning settlement can be made. Upon the conclusion of the session, the public meeting is reopened, and the Chairperson or Vice- Chairperson must announce that the session has concluded. The session must be transcribed by a court-reporter and the transcript of the session filed with the District Secretary within a reasonable time after the session. The transcript shall not be available for public inspection until after the conclusion of the litigation.

	1.	Security and Firesafety Board Discussions. Portions of a meeting which relate to or would reveal a security or firesafety system plan or portion thereof made confidential and exempt by section 119.071(3)(a), Florida Statutes, are exempt from the public meeting requirements and other requirements of section 286.011, Florida Statutes, and section 24(b), Article 1 of the State Constitution. Should the Board wish to discuss such matters, members of the public shall be required to leave the meeting room during such discussion. Any records of the Board’s discussion of such matters, including recordings or minutes, shall be maintained as confidential and exempt records in accordance with Florida law.

Specific Authority: §§ 190.011(5), 190.011(15), Fla. Stat.
Law Implemented: §§ 189.069(2)(a)16, 190.006, 190.007, 190.008, 286.0105, 286.011, 286.0113, 286.0114, Fla. Stat.
Rule 1.4	Internal Controls to Prevent Fraud, Waste and Abuse

	1.	Internal Controls. The District shall establish and maintain internal controls designed to:

	a.	Prevent and detect “fraud,” “waste” and “abuse” as those terms are
defined in section 11.45(1), Florida Statutes; and
	a.	Promote and encourage compliance with applicable laws, rules contracts, grant agreements, and best practices; and
	b.	Support economical and efficient operations; and
	c.	Ensure reliability of financial records and reports; and
	d.	Safeguard assets.

	1.	Adoption. The internal controls to prevent fraud, waste and abuse shall be adopted and amended by the District in the same manner as District policies.

Specific Authority: §§ 190.011(5), 190.011(15), Fla. Stat. Law Implemented: § 218.33(3), Fla. Stat.
Rule 2.0	Rulemaking Proceedings.

	1.	Commencement of Proceedings. Proceedings held for adoption, amendment, or repeal of a District rule shall be conducted according to these Rules. Rulemaking proceedings shall be deemed to have been initiated upon publication of notice by the District. A “rule” is a District statement of general applicability that implements, interprets, or prescribes law or policy, or describes the procedure or practice requirements of the District (“Rule”). Nothing herein shall be construed as requiring the District to consider or adopt rules unless required by Chapter 190 of the Florida Statutes. Policies adopted by the District which do not consist of rates, fees, rentals or other monetary charges may be, but are not required to be, implemented through rulemaking proceedings.

	1.	Notice of Rule Development.

	a.	Except when the intended action is the repeal of a Rule, the District shall provide notice of the development of a proposed rule by publication of a Notice of Rule Development in a newspaper of general circulation in the District before providing notice of a proposed rule as required by section (3) of this Rule. Consequently, the Notice of Rule Development shall be published at least twenty-nine (29) at least seven (7) days before the notice of rulemaking described in Section 2.0(3), infra., and at least thirty-five (35) days prior to the public hearing on the proposed rule. The Notice of Rule Development shall indicate the subject area to be addressed by rule development, provide a short, plain explanation of the purpose and effect of the proposed rule, cite the specific legal authority for the proposed rule grant of rulemaking authority for the proposed rule and law being implemented, include the proposed rule number, and include a statement of how a person may promptly obtain, without cost, a copy of any preliminary draft, if available.

	a.	All rules as drafted shall be consistent with Sections 120.54(1)(g) and 120.54(2)(b) of the Florida Statutes.

	1.	Notice of Proceedings and Proposed Rules.

	a.	Prior to the adoption, amendment, or repeal of any rule other than an emergency rule, the District shall give notice of its intended action, setting forthincluding: a short, plain explanation of the purpose and effect of the proposed action, the proposed rule number (if applicable), a reference to the specific rulemaking authority pursuant to which the rule is adopted, and a reference to the section or subsection of the Florida Statutes being implemented, interpreted, or made specific, and the name, e-mail address, and telephone number of the staff member who may be contacted regarding the intended action. The notice shall include a summary of the District’s statement of the estimated regulatory costs and the website address where
the complete statement of estimated regulatory costs may be viewed, if such a statement has been prepared pursuant ton its entirety, if one has been prepared, based on the factors set forth in Section 120.541(2), of the Florida Statutes, and a statement that any person who wishes to provide the District with a lower cost regulatory alternative as provided by Section 120.541(1), must do so in writing within twenty-one (21) days after publication of the notice. The notice shall additionally include a statement that any affected person may request a public hearing by submitting a written request within twenty-one (21) days after the date of publication of the notice. Except when intended action is the repeal of a rule, the notice shall include a reference to both the date on which and the place where the Notice of Rule Development required by section (2) of this Rule appeared.

	a.	The notice shall be published in a newspaper of general circulation in the District and each county in which the District is located not less than twenty- eight (28) days prior to the intended action. The proposed rule and any material proposed to be incorporated by reference shall be available for inspection and copying by the public at the time of the publication of notice.

	a.	The notice shall be mailed, or delivered electronically to all persons named in the proposed rule and to all persons who, at least fourteen (14) days prior to such mailing publication of the notice, have made requests of the District for advance notice of its rulemaking proceedings. Any person may file a written request with the District Manager to receive notice by mail of District proceedings to adopt, amend, or repeal a rule. Such persons must furnish a mailing address and may be required to pay the cost of copying and mailing.

	1.	Rule Development Workshops. Whenever requested in writing by any affected person, the District must either conduct a rule development workshop prior to proposing rules for adoption or the Chairperson must explain in writing why a workshop is unnecessary. The District may initiate a rule development workshop but is not required to do so.

	1.	Petitions to Initiate Rulemaking. All Petitions to Initiate Rulemaking proceedings must contain the name, address, and telephone number of the petitioner, the specific action requested, the specific reason for adoption, amendment, or repeal, the date submitted, the text of the proposed rule, and the facts showing that the petitioner is regulated by the District or has a substantial interest in the rulemaking. Not later than sixty (60)thirty (30) calendar days following the date of filing a petition, the Board shall initiate rulemaking proceedings or deny the petition with a written statement of its reasons for the denial. If the petition is directed to an existing policy that the District has not formally adopted as a rule, the District may, in its discretion, notice and hold a public hearing on the petition to consider the comments of the public directed to the policy, its scope and application, and to consider whether the public interest is served adequately by the application of the policy on a case-by-
case basis, as contrasted with its formal adoption as a rule. However, this section shall not be construed as requiring the District to adopt a rule to replace a policy.

	1.	Rulemaking Materials. After the publication of the notice referenced in section (3) of this Rule, the Board shall make available for public inspection and shall provide, upon request and payment of the cost of copies, the following materials:

	a.	The text of the proposed rule, or any amendment or repeal of any existing rules;

	a.	A detailed written statement of the facts and circumstances justifying the proposed rule;

	a.	A copy of the statement of estimated regulatory costs if required by Section
120.541 of the Florida Statutes; and

	a.	The published notice.

	1.	Hearing. The District may, or, upon the written request of any affected person received within twenty-one (21) days after the date of publication of the notice described in section (3) of this Rule, shall, provide a public hearing for the presentation of evidence, argument, and oral statements, within the reasonable conditions and limitations imposed by the District to avoid duplication, irrelevant comments, unnecessary delay, or disruption of the proceedings. The District shall publish notice of the public hearing in a newspaper of general circulation within the District either in the text of the notice described in section (3) of this Rule or in a separate publication at least seven (7) days before the scheduled public hearing. The notice shall specify the date, time, and location of the public hearing, and the name, address, and telephone number of the District contact person who can provide information about the public hearing. Written statements may be submitted by any person prior to or at the public hearing. All timely submitted written statements shall be considered by the District and made part of the rulemaking record.

	1.	Emergency Rule Adoption. The Board may adopt an emergency rule if it finds that it is necessitated by immediate danger to the public health, safety, or welfare exists which requires immediate action, or if the Legislature authorizes the Board to adopt emergency rules. Prior to the adoption of an emergency rule, the District Manager shall make reasonable efforts to notify a newspaper of general circulation in the District. Notice of the emergency rules together with the Board’s findings of immediate danger, necessity, and procedural fairness or a citation to the grant of emergency rulemaking authority shall be published as soon as possible in a newspaper of general circulation in the District. The District may use any procedure which is fair under the circumstances in the adoption of an emergency rule provided that such procedureas long as it protects the public interest and complies with applicable law ands determined by the District and otherwise complies with these provisions.
	2.	Negotiated Rulemaking. The District may use negotiated rulemaking in developing and adopting rules pursuant to Section 120.54(2)(d) of the Florida Statutes, except that any notices required under Section 120.54(2)(d) of the Florida Statutes, may be published in a newspaper of general circulation in the county in which the District is located.

	1.	Rulemaking Record. In all rulemaking proceedings, the District shall compile and maintain a rulemaking record. The record shall include, if applicable:

	a.	The texts of the proposed rule and the adopted rule;

	a.	All notices given for a proposed rule;

	a.	Any statement of estimated regulatory costs for the rule;

	a.	A written summary of hearings, if any, on the proposed rule;

	a.	All written comments received by the District and responses to those written comments; and

	a.	All notices and findings pertaining to an emergency rule.

	1.	Petitions to Challenge Existing Rules.

	a.	Any person substantially affected by a rule may seek an administrative determination of the invalidity of the rule on the ground that the rule is an invalid exercise of the District’s authority.

	a.	The petition seeking an administrative determination must state with particularity the provisions alleged to be invalid with sufficient explanation of the facts or grounds for the alleged invalidity and facts sufficient to show that the person challenging a rule is substantially affected by it.

	a.	The petition shall be filed with the District. Within ten (10) days after receiving the petition, the Chairperson shall, if the petition complies with the requirements of subsection (b) of this section, designate any member of the Board (including the Chairperson), District Manager, District Counsel, or other qualified person as a hearing officer who shall conduct a hearing within thirty (30) days thereafter, unless the petition is withdrawn or a continuance is granted by agreement of the parties. The failure of the District to follow the applicable rulemaking procedures or requirements in this Rule shall be presumed to be material; however, the District may rebut this presumption by showing that the substantial interests of the petitioner and the fairness of the proceedings have not been impaired.
	b.	Within thirty (30) days after the hearing, the hearing officer shall render a decision and state the reasons therefor in writing.

	a.	Hearings held under this section shall be de novo in nature. The petitioner has a burden of proving by a preponderance of the evidence that the existing rule is an invalid exercise of District authority as to the objections raised. The hearing officer may:

	i.	Administer oaths and affirmations;
	ii.	Rule upon offers of proof and receive relevant evidence;

	i.	Regulate the course of the hearing, including any pre-hearing matters;

	i.	Enter orders; and

	i.	Make or receive offers of settlement, stipulation, and adjustment.

	a.	The petitioner and the District shall be adverse parties. Other substantially affected persons may join the proceedings as intervenors on appropriate terms which shall not unduly delay the proceedings.

	1.	Variances and Waivers. A “variance” means a decision by the District to grant a modification to all or part of the literal requirements of a rule to a person who is subject to the rule. A “waiver” means a decision by the District not to apply all or part of a rule to a person who is subject to the rule. Variances and waivers from District rules may be granted subject to the following:

	a.	Variances and waivers shall be granted when the person subject to the rule demonstrates that the purpose of the underlying statute will be or has been achieved by other means by the person, and when application of the rule would create a substantial hardship or would violate principles of fairness. For purposes of this section, "substantial hardship" means a demonstrated economic, technological, legal, safety-related, or other significantor other type of hardship to the person requesting the variance or waiver. For purposes of this section, "principles of fairness" are violated when the literal application of a rule affects a particular person in a manner significantly different from the way it affects other similarly situated persons who are subject to the rule.

	a.	A person who is subject to regulation by a District Rule may file a petition with the District, requesting a variance or waiver from the District’s Rule. Each petition shall specify:

	i.	The rule from which a variance or waiver is requested;
	ii.	The type of action requested;

	i.	The specific facts that would justify a waiver or variance for the petitioner; and

	i.	The reason why the variance or the waiver requested would serve the purposes of the underlying statute.

	a.	The District shall review the petition and may request only that information needed to clarify the petition or to answer new questions raised by or directly related to the petition. If the petitioner asserts that any request for additional information is not authorized by law or by Rule of the District, the District shall proceed, at the petitioner’s written request, to process the petition.

	a.	The Board shall grant or deny a petition for variance or waiver and shall announce such disposition at a publicly held meeting of the Board, within ninety (90) days after receipt of the original petition, the last item of timely requested additional material, or the petitioner's written request to finish processing the petition. The District’s statement granting or denying the petition shall contain a statement of the relevant facts and reasons supporting the District's action.

	1.	Rates, Fees, Rentals and Other Charges. All rates, fees, rentals, or other charges shall be subject to rulemaking proceedings. Policies adopted by the District which do not consist of rates, fees, rentals or other charges may be, but are not required to be, implemented through rulemaking proceedings.

Specific Authority: §§ 190.011(5), 190.011(15), 190.035, Fla. Stat.
Law Implemented: §§ 120.54, 190.011(5), 190.035(2), Fla. Stat.
Rule 3.0	Competitive Purchase.

	1.	Purpose and Scope.  In order to comply with Sections 190.033(1) through (3),
287.055 and 287.017 of the Florida Statutes, the following provisions shall apply to the purchase of Professional Services, insurance, construction contracts, design- build services, goods, supplies, and materials, Contractual Services, and maintenance services.

	1.	Board Authorization. Except in cases of an Emergency Purchase, a competitive purchase governed by these Rules shall only be undertaken after authorization by the Board.

	1.	Definitions.

	a.	“Competitive Solicitation” means a formal, advertised procurement process, other than an Invitation to Bid, Request for Proposals, or Invitation to Negotiate, approved by the Board to purchase commodities and/or services which affords vendors fair treatment in the competition for award of a District purchase contract.

	a.	“Continuing Contract” means a contract for Professional Services entered into in accordance with Section 287.055 of the Florida Statutes, between the District and a firm, whereby the firm provides Professional Services to the District for projects in which the costs do not exceed two million dollars ($2,000,000), for a study activity when the fee for such Professional Services to the District does not exceed two hundred thousand dollars ($200,000), or for work of a specified nature as outlined in the contract with the District, with no time limitation except that the contract must provide a termination clause (for example, a contract for general District engineering services). Firms providing Professional Services under Continuing Contracts shall not be required to bid against one another.

	a.	“Contractual Service” means the rendering by a contractor of its time and effort rather than the furnishing of specific commodities. The term applies only to those services rendered by individuals and firms who are independent contractors. Contractual Services do not include auditing services, Maintenance Services, or Professional Services as defined in Section 287.055(2)(a) of the Florida Statutes, and these Rules. Contractual Services also do not include any contract for the furnishing of labor or materials for the construction, renovation, repair, modification, or demolition of any facility, building, portion of building, utility, park, parking lot, or structure or other improvement to real property entered into pursuant to Chapter 255 of the Florida Statutes, and Rules 3.5 or 3.6.

	a.	“Design-Build Contract” means a single contract with a Design-Build Firm for the design and construction of a public construction project.
	b.	“Design-Build Firm” means a partnership, corporation or other legal entity
that:

	i.	Is certified under Section 489.119 of the Florida Statutes, to engage in contracting through a certified or registered general contractor or a certified or registered building contractor as the qualifying agent; or

	i.	Is certified under Section 471.023 of the Florida Statutes, to practice or to offer to practice engineering; certified under Section 481.219 of the Florida Statutes, to practice or to offer to practice architecture; or certified under Section 481.319 of the Florida Statutes, to practice or to offer to practice landscape architecture.

	a.	“Design Criteria Package” means concise, performance-oriented drawings or specifications for a public construction project. The purpose of the Design Criteria Package is to furnish sufficient information to permit Design-Build Firms to prepare a bid or a response to the District’s Request for Proposals, or to permit the District to enter into a negotiated Design- Build Contract. The Design Criteria Package must specify performance- based criteria for the public construction project, including the legal description of the site, survey information concerning the site, interior space requirements, material quality standards, schematic layouts and conceptual design criteria of the project, cost or budget estimates, design and construction schedules, site development requirements, provisions for utilities, stormwater retention and disposal, and parking requirements applicable to the project. Design Criteria Packages shall require firms to submit information regarding the qualifications, availability, and past work of the firms, including the partners and members thereof.

	a.	“Design Criteria Professional” means a firm who holds a current certificate of registration under Chapter 481 of the Florida Statutes, to practice architecture or landscape architecture, or a firm who holds a current certificate as a registered engineer under Chapter 471 of the Florida Statutes, to practice engineering, and who is employed by or under contract to the District to provide professional architect services, landscape architect services, or engineering services in connection with the preparation of the Design Criteria Package.

	a.	“Emergency Purchase” means a purchase necessitated by a sudden unexpected turn of events (for example, acts of God, riot, fires, floods, hurricanes, accidents, or any circumstances or cause beyond the control of the Board in the normal conduct of its business), where the Board finds that the delay incident to competitive purchase would be detrimental to the interests of the District. This includes, but is not limited to, instances where
the time to competitively award the project will jeopardize the funding for the project, will materially increase the cost of the project, or will create an undue hardship on the public health, safety, or welfare.

	a.	“Invitation to Bid” is a written or electronically posted solicitation for sealed bids with the title, date, and hour of the public bid opening designated specifically and defining the commodity or service involved. It includes printed instructions prescribing conditions for bidding, qualification, evaluation criteria, and provides for a manual signature of an authorized representative. It may include one or more bid alternates.

	a.	“Invitation to Negotiate” means a written or electronically posted solicitation for competitive sealed replies to select one or more vendors with which to commence negotiations for the procurement of commodities or services.

	a.	“Negotiate” means to conduct legitimate, arm’s length discussions and
conferences to reach an agreement on a term or price.

	a.	“Professional Services” means those services within the scope of the practice of architecture, professional engineering, landscape architecture, or registered surveying and mapping, as defined by the laws of Florida, or those services performed by any architect, professional engineer, landscape architect, or registered surveyor and mapper, in connection with the firm's or individual's professional employment or practice.

	a.	“Proposal (or Reply or Response) Most Advantageous to the District” means, as determined in the sole discretion of the Board, the proposal, reply, or response that is:

	i.	Submitted by a person or firm capable and qualified in all respects to perform fully the contract requirements, who has the integrity and reliability to assure good faith performance;

	i.	The most responsive to the Request for Proposals, Invitation to Negotiate, or Competitive Solicitation as determined by the Board; and

	i.	For a cost to the District deemed by the Board to be reasonable.

	a.	“Purchase” means acquisition by sale, rent, lease, lease/purchase, or installment sale. It does not include transfer, sale, or exchange of goods, supplies, or materials between the District and any federal, state, regional or local governmental entity or political subdivision of the State of Florida.
	b.	“Request for Proposals” or “RFP” is a written or electronically posted solicitation for sealed proposals with the title, date, and hour of the public opening designated and requiring the manual signature of an authorized representative. It may provide general information, applicable laws and rules, statement of work, functional or general specifications, qualifications, proposal instructions, work detail analysis, and evaluation criteria as necessary.

	a.	“Responsive and Responsible Bidder” means an entity or individual that has submitted a bid that conforms in all material respects to the Invitation to Bid and has the capability in all respects to fully perform the contract requirements and the integrity and reliability that will assure good faith performance. “Responsive and Responsible Vendor” means an entity or individual that has submitted a proposal, reply, or response that conforms in all material respects to the Request for Proposals, Invitation to Negotiate, or Competitive Solicitation and has the capability in all respects to fully perform the contract requirements and the integrity and reliability that will assure good faith performance. In determining whether an entity or individual is a Responsive and Responsible Bidder (or Vendor), the District may consider, in addition to factors described in the Invitation to Bid, Request for Proposals, Invitation to Negotiate, or Competitive Solicitation, the following:

	i.	The ability and adequacy of the professional personnel employed by the entity/individual;

	i.	The past performance of the entity/individual for the District and in other professional employment;

	i.	The willingness of the entity/individual to meet time and budget requirements;

	i.	The geographic location of the entity’s/individual’s headquarters or
office in relation to the project;

	i.	The recent, current, and projected workloads of the entity/individual;

	i.	The volume of work previously awarded to the entity/individual, provided that for a public works project as defined in Section 255.0992, Florida Statutes, the District may not penalize a bidder for performing a larger volume of construction work for the District or reward a bidder for performing a smaller volume of construction work for the District;
	ii.	Whether the cost components of the bid or proposal are appropriately balanced; and

	i.	Whether the entity/individual is a certified minority business enterprise as defined in Section 287.0943, Florida Statutes.

	a.	“Responsive Bid,” “Responsive Proposal,” “Responsive Reply,” and “Responsive Response” all mean a bid, proposal, reply, or response which conforms in all material respects to the specifications and conditions in the Invitation to Bid, Request for Proposals, Invitations to Negotiate, or Competitive Solicitation document and these Rules, and the cost components of which, if any, are appropriately balanced. A bid, proposal, reply or response is not responsive if the person or firm submitting it fails to meet any material requirement relating to the qualifications, financial stability, or licensing of the bidder.

Specific Authority: §§ 190.011(5), 190.011(15), Fla. Stat.
Law Implemented: §§ 190.033, 255.0992, 255.20, 287.055, Fla. Stat.
Rule 3.1	Procedure Under the Consultants' Competitive Negotiations Act.

	1.	Scope. The following procedures are adopted for the selection of firms or individuals to provide Professional Services exceeding the thresholds herein described, for the negotiation of such contracts, and to provide for protest of actions of the Board under this Rule. As used in this Rule, “Project” means that fixed capital outlay study or planning activity when basic construction cost is estimated by the District to exceed the threshold amount provided in Section 287.017 of the Florida Statutes, for CATEGORY FIVE, or for a planning study activity when the fee for Professional Services is estimated by the District to exceed the threshold amount provided in Section 287.017 for CATEGORY TWO, as such categories may be amended or adjusted from time to time.

	1.	Qualifying Procedures. In order to be eligible to provide Professional Services to the District, a consultant must, at the time of receipt of the firm’s qualification submittal:

	a.	Hold all required applicable state professional licenses in good standing;

	a.	Hold all required applicable federal licenses in good standing, if any;

	a.	Hold a current and active Florida corporate charter or be authorized to do business in the State of Florida in accordance with Chapter 607 of the Florida Statutes, if the consultant is a corporation; and

	a.	Meet any qualification requirements set forth in the District’s Request for
Qualifications.

Evidence of compliance with this Rule may be submitted with the qualifications, if requested by the District. In addition, evidence of compliance must be submitted any time requested by the District.

	1.	Public Announcement. Except in cases of valid public emergencies as certified by the Board, the District shall announce each occasion when Professional Services are required for a Project or a Continuing Contract by publishing a notice providing a general description of the Project, or the nature of the Continuing Contract, and the method for interested consultants to apply for consideration. The notice shall appear in at least one (1) newspaper of general circulation in the District and in such other places as the District deems appropriate. The notice must allow at least fourteen (14) days for submittal of qualifications from the date of publication. The District may maintain lists of consultants interested in receiving such notices. These consultants are encouraged to submit annually statements of qualifications and performance data. The District shall make reasonable efforts to provide copies of any notices to such consultants, but the failure to do so shall not give such consultants any bid protest or other rights or otherwise disqualify any otherwise valid procurement process.  The Board has the right to reject any and all
qualifications, and such reservation shall be included in the published notice. Consultants not receiving a contract award shall not be entitled to recover from the District any costs of qualification package preparation or submittal.

	1.	Competitive Selection.

	a.	The Board shall review and evaluate the data submitted in response to the notice described in section (3) of this Rule regarding qualifications and performance ability, as well as any statements of qualifications on file. The Board shall conduct discussions with, and may require public presentation by consultants regarding their qualifications, approach to the Project, and ability to furnish the required services. The Board shall then select and list the consultants, in order of preference, deemed to be the most highly capable and qualified to perform the required Professional Services, after considering these and other appropriate criteria:

	i.	The ability and adequacy of the professional personnel employed by each consultant;

	i.	Whether a consultant is a certified minority business enterprise;

	i.	Each consultant’s past performance;

	i.	The willingness of each consultant to meet time and budget requirements;

	i.	The geographic location of each consultant's headquarters, office and personnel in relation to the project;

	i.	The recent, current, and projected workloads of each consultant; and

	i.	The volume of work previously awarded to each consultant by the District.

	a.	Nothing in these Rules shall prevent the District from evaluating and eventually selecting a consultant if less than three (3) Responsive qualification packages, including packages indicating a desire not to provide Professional Services on a given Project, are received.

	a.	If the selection process is administered by any person or committee other than the full Board, the selection made will be presented to the full Board with a recommendation that competitive negotiations be instituted with the selected firms in order of preference listed.

	a.	Notice of the rankings adopted by the Board, including the rejection of some or all qualification packages, shall be provided in writing to all consultants
by United States Mail, hand delivery, emailelectronic mail, facsimile, or overnight delivery service. The notice shall include the following statement: "Failure to file a protest within the time prescribed in Rule 3.11 of the Rules of the District shall constitute a waiver of proceedings under those Rules," or wording to that effect. Protests of the District’s ranking decisions under this Rule shall be in accordance with the procedures set forth in Rule 3.11.

	1.	Competitive Negotiation.

	a.	After the Board has authorized the beginning of competitive negotiations, the District may begin such negotiations with the firm listed as most qualified to perform the required Professional Services at a rate or amount of compensation which the Board determines is fair, competitive, and reasonable.

	a.	In negotiating a lump-sum or cost-plus-a-fixed-fee professional contract for more than the threshold amount provided in Section 287.017 of the Florida Statutes, for CATEGORY FOUR, the firm receiving the award shall be required to execute a truth-in-negotiation certificate stating that "wage rates and other factual unit costs supporting the compensation are accurate, complete and current at the time of contracting." In addition, any professional service contract under which such a certificate is required, shall contain a provision that "the original contract price and any additions thereto, shall be adjusted to exclude any significant sums by which the Board determines the contract price was increased due to inaccurate, incomplete, or noncurrent wage rates and other factual unit costs."

	a.	Should the District be unable to negotiate a satisfactory agreement with the firm determined to be the most qualified at a price deemed by the District to be fair, competitive, and reasonable, then negotiations with that firm shall be terminated and the District shall immediately begin negotiations with the second most qualified firm. If a satisfactory agreement with the second firm cannot be reached, those negotiations shall be terminated and negotiations with the third most qualified firm shall be undertaken.

	a.	Should the District be unable to negotiate a satisfactory agreement with one of the top three (3) ranked consultants, additional firms shall be selected by the District, in order of their competence and qualifications. Negotiations shall continue, beginning with the first-named firm on the list, until an agreement is reached or the list of firms is exhausted.

	1.	Contracts; Public Records. In accordance with Florida law, each contract entered into pursuant to this Rule shall include provisions required by law that require the contractor to comply with public records laws.
	2.	Continuing Contract. Nothing in this Rule shall prohibit a Continuing Contract between a consultant and the District.

	1.	Emergency Purchase. The District may make an Emergency Purchase without complying with these Rules. The fact that an Emergency Purchase has occurred or is necessary shall be noted in the minutes of the next Board meeting.

Specific Authority: §§ 190.011(5), 190.011(15), Fla. Stat.
Law Implemented: §§ 119.0701, 190.011(3), 190.033, 287.055, Fla. Stat.
Rule 3.2	Procedure Regarding Auditor Selection.

In order to comply with the requirements of Section 218.391 of the Florida Statutes, the following procedures are outlined for selection of firms or individuals to provide Auditing Services and for the negotiation of such contracts. For audits required under Chapter 190 of the Florida Statutes but not meeting the thresholds of Chapter 218 of the Florida Statutes, the District need not follow these procedures but may proceed with the selection of a firm or individual to provide Auditing Services and for the negotiation of such contracts in the manner the Board determines is in the best interests of the District.

	1.	Definitions.

	a.	"Auditing Services" means those services within the scope of the practice of a certified public accounting firm licensed under Chapter 473 of the Florida Statutes, and qualified to conduct audits in accordance with government auditing standards as adopted by the Florida Board of Accountancy.

	a.	"Committee" means the auditor selection committee appointed by the Board as described in section (2) of this Rule.

	1.	Establishment of Auditor Selection Committee. Prior to a public announcement under section (4) of this Rule that Auditing Services are required, the Board shall establish an auditor selection committee (“Committee”), the primary purpose of which is to assist the Board in selecting an auditor to conduct the annual financial audit required by Section 218.39 of the Florida Statutes. The Committee shall include at least three individuals, at least one of which must also be a member of the Board. The establishment and selection of the Committee must be conducted at a publicly noticed and held meeting of the Board. The Chairperson of the Committee must be a member of the Board. An employee, a chief executive officer, or a chief financial officer of the District may not serve as a member of the Committee; provided however such individual may serve the Committee in an advisory capacity.

	1.	Establishment of Minimum Qualifications and Evaluation Criteria. Prior to a public announcement under section (4) of this Rule that Auditing Services are required, the Committee shall meet at a publicly noticed meeting to establish minimum qualifications and factors to use for the evaluation of Auditing Services to be provided by a certified public accounting firm licensed under Chapter 473 of the Florida Statutes, and qualified to conduct audits in accordance with government auditing standards as adopted by the Florida Board of Accountancy.

	a.	Minimum Qualifications. In order to be eligible to submit a proposal, a firm must, at all relevant times including the time of receipt of the proposal by the District:
	i.	Hold all required applicable state professional licenses in good standing;

	i.	Hold all required applicable federal licenses in good standing, if any;

	i.	Hold a current and active Florida corporate charter or be authorized to do business in the State of Florida in accordance with Chapter 607 of the Florida Statutes, if the proposer is a corporation; and

	i.	Meet any pre-qualification requirements established by the Committee and set forth in the RFP or other specifications.

If requested in the RFP or other specifications, evidence of compliance with the minimum qualifications as established by the Committee must be submitted with the proposal.

	a.	Evaluation Criteria. The factors established for the evaluation of Auditing Services by the Committee shall include, but are not limited to:

	i.	Ability of personnel;

	i.	Experience;

	i.	Ability to furnish the required services; and

	i.	Such other factors as may be determined by the Committee to be applicable to its particular requirements.

The Committee may also choose to consider compensation as a factor. If the Committee establishes compensation as one of the factors, compensation shall not be the sole or predominant factor used to evaluate proposals.

	1.	Public Announcement. After identifying the factors to be used in evaluating the proposals for Auditing Services as set forth in section (3) of this Rule, the Committee shall publicly announce the opportunity to provide Auditing Services. Such public announcement shall include a brief description of the audit and how interested firms can apply for consideration and obtain the RFP. The notice shall appear in at least one (1) newspaper of general circulation in the District and the county in which the District is located. The public announcement shall allow for at least seven (7) days for the submission of proposals.

	1.	Request for Proposals. The Committee shall provide interested firms with a Request for Proposals (“RFP”). The RFP shall provide information on how proposals are to be evaluated and such other information the Committee determines is necessary for the firm to prepare a proposal. The RFP shall state the time and
place for submitting proposals.

	1.	Committee’s Evaluation of Proposals and Recommendation. The Committee shall meet at a publicly held meeting that is publicly noticed at least seven (7) daysfor a reasonable time in advance of the meeting to evaluate all qualified proposals and may, as part of the evaluation, require that each interested firm provide a public presentation where the Committee may conduct discussions with the firm, and where the firm may present information, regarding the firm’s qualifications. At the public meeting, the Committee shall rank and recommend in order of preference no fewer than three firms deemed to be the most highly qualified to perform the required services after considering the factors established pursuant to subsection (3)(b) of this Rule. If fewer than three firms respond to the RFP or if no firms respond to the RFP, the Committee shall recommend such firm as it deems to be the most highly qualified. Notwithstanding the foregoing, the Committee may recommend that any and all proposals be rejected.

	1.	Board Selection of Auditor.

	a.	Where compensation was not selected as a factor used in evaluating the proposals, the Board shall negotiate with the firm ranked first and inquire of that firm as to the basis of compensation. If the Board is unable to negotiate a satisfactory agreement with the first ranked firm at a price deemed by the Board to be fair, competitive, and reasonable, then negotiations with that firm shall be terminated and the Board shall immediately begin negotiations with the second ranked firm. If a satisfactory agreement with the second ranked firm cannot be reached, those negotiations shall be terminated and negotiations with the third ranked firm shall be undertaken. The Board may reopen formal negotiations with any one of the three top-ranked firms, but it may not negotiate with more than one firm at a time. If the Board is unable to negotiate a satisfactory agreement with any of the selected firms, the Committee shall recommend additional firms in order of the firms’ respective competence and qualifications. Negotiations shall continue, beginning with the first-named firm on the list, until an agreement is reached or the list of firms is exhausted.

	a.	Where compensation was selected as a factor used in evaluating the proposals, the Board shall select the highest-ranked qualified firm or document in its public records the reason for not selecting the highest- ranked qualified firm.

	a.	In negotiations with firms under this Rule, the Board may allow the District Manager, District Counsel, or other designee to conduct negotiations on its behalf.
	b.	Notwithstanding the foregoing, the Board may reject any or all proposals. The Board shall not consider any proposal, or enter into any contract for Auditing Services, unless the proposed agreed-upon compensation is reasonable to satisfy the requirements of Section 218.39 of the Florida Statutes, and the needs of the District.

	1.	Contract. Any agreement reached under this Rule shall be evidenced by a written contract, which may take the form of an engagement letter signed and executed by both parties. The written contract shall include all provisions and conditions of the procurement of such services and shall include, at a minimum, the following:

	a.	A provision specifying the services to be provided and fees or other compensation for such services;

	a.	A provision requiring that invoices for fees or other compensation be submitted in sufficient detail to demonstrate compliance with the terms of the contract;

	a.	A provision setting forth deadlines for the auditor to submit a preliminary draft audit report to the District for review and to submit a final audit report no later than June 30 of the fiscal year that follows the fiscal year for which the audit is being conducted;

	a.	A provision specifying the contract period, including renewals, and conditions under which the contract may be terminated or renewed. The maximum contract period including renewals shall be five (5) years. A renewal may be done without the use of the auditor selection procedures provided in this Rule but must be in writing.

	a.	Provisions required by law that require the auditor to comply with public records laws.

	1.	Notice of Award. Once a negotiated agreement with a firm or individual is reached, or the Board authorizes the execution of an agreement with a firm where compensation was a factor in the evaluation of proposals, notice of the intent to award, including the rejection of some or all proposals, shall be provided in writing to all proposers by United States Mail, hand delivery, electronic mail, facsimile, or overnight delivery service. The notice shall include the following statement: "Failure to file a protest within the time prescribed in Rule 3.11 of the Rules of the District shall constitute a waiver of proceedings under those Rules," or wording to that effect. Protests regarding the award of contracts under this Rule shall be as provided for in Rule 3.11. No proposer shall be entitled to recover any costs of proposal preparation or submittal from the District.

Specific Authority: §§ 190.011(5), 190.011(15), Fla. Stat. Law Implemented: §§ 119.0701, 218.33, 218.391, Fla. Stat.
Rule 3.3	Purchase of Insurance.

	1.	Scope. The purchases of life, health, accident, hospitalization, legal expense, or annuity insurance, or all of any kinds of such insurance for the officers and employees of the District, and for health, accident, hospitalization, and legal expenses upon a group insurance plan by the District, shall be governed by this Rule. This Rule does not apply to the purchase of any other type of insurance by the District, including but not limited to liability insurance, property insurance, and directors and officers insurance. Nothing in this Rule shall require the District to purchase insurance.

	1.	Procedure. For a purchase of insurance within the scope of these Rules, the following procedure shall be followed:

	a.	The Board shall cause to be prepared a Notice of Invitation to Bid.

	a.	Notice of the Invitation to Bid shall be advertised at least once in a newspaper of general circulation within the District. The notice shall allow at least fourteen (14) days for submittal of bids.

	a.	The District may maintain a list of persons interested in receiving notices of Invitations to Bid. The District shall make reasonable efforts to provide copies of any notices to such persons, but the failure to do so shall not give such consultants any bid protest or other rights or otherwise disqualify any otherwise valid procurement process.

	a.	Bids shall be opened at the time and place noted in the Invitation to Bid.

	a.	If only one (1) response to an Invitation is received, the District may proceed with the purchase. If no response to an Invitation to Bid is received, the District may take whatever steps are reasonably necessary in order to proceed with the purchase.

	a.	The Board has the right to reject any and all bids and such reservations shall be included in all solicitations and advertisements.

	a.	Simultaneously with the review of the submitted bids, the District may undertake negotiations with those companies that have submitted reasonable and timely bids and, in the opinion of the District, are fully qualified and capable of meeting all services and requirements. Bid responses shall be evaluated in accordance with the specifications and criteria contained in the Invitation to Bid; in addition, the total cost to the District, the cost, if any, to the District officers, employees, or their dependents, relevant business presence and capability to servicethe geographic location of the company’s headquarters and offices in relation to the District's needs, and the ability of the company to guarantee premium
stability may be considered. A contract to purchase insurance shall be awarded to that company whose response to the Invitation to Bid best meets the overall needs of the District, its officers, employees, and/or dependents.

	a.	Notice of the intent to award, including rejection of some or all bids, shall be provided in writing to all bidders by United States Mail, by hand delivery, or by overnight delivery service. The notice shall include the following statement: "Failure to file a protest within the time prescribed in Rule 3.11 of the Rules of the District shall constitute a waiver of proceedings under those Rules," or wording to that effect. Protests of the District’s procurement of insurance under this Rule shall be in accordance with the procedures set forth in Rule 3.11.

Specific Authority: §§ 190.011(5), 190.011(15), Fla. Stat. Law Implemented: § 112.08, Fla. Stat.
Rule 3.4	Pre-qualification

	1.	Scope. In its discretion, the District may undertake a pre-qualification process in accordance with this Rule for vendors to provide construction services, goods, supplies, and materials, Contractual Services, and maintenance services.

	1.	Procedure. When the District seeks to pre-qualify vendors, the following procedures shall apply:

	a.	The Board shall cause to be prepared a Request for Qualifications.

	a.	For construction services exceeding the thresholds described in Section
255.20 of the Florida Statutes, the Board must advertise the proposed prequalification criteria and procedures and allow at least seven (7) days’ notice of the public hearing for comments on such pre-qualification criteria and procedures. At such public hearing, potential vendors may object to such pre-qualification criteria and procedures. Following such public hearing, the Board shall formally adopt pre-qualification criteria and procedures prior to the advertisement of the Request for Qualifications for construction services.

	a.	The Request for Qualifications shall be advertised at least once in a newspaper of general circulation within the District and within the county in which the District is located. The notice shall allow at least seven (7) days for submittal of qualifications for goods, supplies and materials, Contractual Services, maintenance services, and construction services under two hundred fifty thousand dollars ($250,000). The notice shall allow at least twenty-one (21) days for submittal of qualifications for construction services estimated to cost over two hundred fifty thousand dollars ($250,000) and thirty (30) days for construction services estimated to cost over five hundred thousand dollars ($500,000).

	a.	The District may maintain lists of persons interested in receiving notices of Requests for Qualifications. The District shall make a good faith effort to provide written notice, by electronic mail, United States Mail, or hand delivery, or facsimile, to persons who provide their name and address to the District Manager for inclusion on the list. However, failure of a person to receive the notice shall not invalidate any pre-qualification determination or contract awarded in accordance with these Rules and shall not be a basis for a protest of any pre-qualification determination or contract award.

	a.	If the District has pre-qualified vendors for a particular category of purchase, at the option of the District, only those persons who have been pre-qualified will be eligible to submit bids, proposals, replies or responses in response to the applicable Invitation to Bid, Request for Proposals, Invitation to Negotiate, or Competitive Solicitation.
	b.	In order to be eligible to submit qualifications, a firm or individual must, at the time of receipt of the qualifications:

	i.	Hold all required applicable state professional licenses in good standing;

	i.	Hold all required applicable federal licenses in good standing, if any;

	i.	Hold a current and active Florida corporate charter or be authorized to do business in the State of Florida in accordance with Chapter 607 of the Florida Statutes, if the vendor is a corporation; and

	i.	Meet any special pre-qualification requirements set forth in the Request for Qualifications.

Evidence of compliance with these Rules must be submitted with the qualifications if required by the District. Failure to submit evidence of compliance when required may be grounds for rejection of the qualifications.

	a.	Qualifications shall be presented to the Board, or a committee appointed by the Board, for evaluation in accordance with the Request for Qualifications and this Rule. Minor variations in the qualifications may be waived by the Board. A variation is minor if waiver of the variation does not create a competitive advantage or disadvantage of a material nature.

	a.	All vendors determined by the District to meet the pre-qualification requirements shall be pre-qualified. To assure full understanding of the responsiveness to the requirements contained in a Request for Qualifications, discussions may be conducted with qualified vendors. Vendors shall be accorded fair treatment prior to the submittal date with respect to any opportunity for discussion and revision of qualifications. For construction services, any contractor pre-qualified and considered eligible by the Department of Transportation to bid to perform the type of work the project entails shall be presumed to be qualified to perform the project.

	a.	The Board shall have the right to reject all qualifications if there are not enough to be competitive or if rejection is determined to be in the best interest of the District. No vendor shall be entitled to recover any costs of qualification preparation or submittal from the District.

	a.	Notice of intent to pre-qualify, including rejection of some or all qualifications, shall be provided in writing to all vendors by United States Mail, electronic mail, hand delivery, facsimile, or overnight delivery service. The notice
shall include the following statement: "Failure to file a protest within the time prescribed in Rule 3.11 of the Rules of the District shall constitute a waiver of proceedings under those Rules," or wording to that effect. Protests of the District’s pre-qualification decisions under this Rule shall be in accordance with the procedures set forth in Rule 3.11; provided however, protests related to the pre- qualification criteria and procedures for construction services shall be resolved in accordance with section (2)(b) of this Rule and Section 255.20(1)(b) of the Florida Statutes.

	1.	Suspension, Revocation, or Denial of Qualification
	a.	The District, for good cause, may deny, suspend, or revoke a prequalified vendor’s pre-qualified status. A suspension, revocation, or denial for good cause shall prohibit the vendor from bidding on any District construction contract for which qualification is required, shall constitute a determination of non-responsibility to bid on any other District construction or maintenance contract, and shall prohibit the vendor from acting as a material supplier or subcontractor on any District contract or project during the period of suspension, revocation, or denial. Good cause shall include the following:
	i.	One of the circumstances specified under Section 337.16(2), Florida Statutes, has occurred.
	ii.	Affiliated contractors submitted more than one proposal for the same work. In this event the pre-qualified status of all of the affiliated bidders will be revoked, suspended, or denied. All bids of affiliated bidders will be rejected.
	iii.	The vendor made or submitted false, deceptive, or fraudulent statements, certifications, or materials in any claim for payment or any information required by any District contract.
	iv.	The vendor or its affiliate defaulted on any contract or a contract surety assumed control of financial responsibility for any contract of the vendor.
	v.	The vendor’s qualification to bid is suspended, revoked, or denied by any other public or semi-public entity, or the vendor has been the subject of a civil enforcement proceeding or settlement involving a public or semi-public entity.
	vi.	The vendor failed to comply with contract or warranty requirements or failed to follow District direction in the performance of a contract.
	vii.	The vendor failed to timely furnish all contract documents required by the contract specifications, special provisions, or by any state or federal statutes or regulations. If the vendor fails to furnish any of the subject contract documents by the expiration of the period of suspension,
revocation, or denial set forth above, the vendor’s pre-qualified status shall remain suspended, revoked, or denied until the documents are furnished.
	i.	The vendor failed to notify the District within 10 days of the vendor, or any of its affiliates, being declared in default or otherwise not completing work on a contract or being suspended from qualification to bid or denied qualification to bid by any other public or semi-public agency.
	ii.	The vendor did not pay its subcontractors or suppliers in a timely manner or in compliance with contract documents.
	iii.	The vendor has demonstrated instances of poor or unsatisfactory performance, deficient management resulting in project delay, poor quality workmanship, a history of payment of liquidated damages, untimely completion of projects, uncooperative attitude, contract litigation, inflated claims or defaults.
	iv.	An affiliate of the vendor has previously been determined by the District to be non-responsible, and the specified period of suspension, revocation, denial, or non-responsibility remains in effect.
	v.	The vendor or affiliate(s) has been convicted of a contract crime.
	1.	The term “contract crime” means any violation of state or federal antitrust laws with respect to a public contract or any violation of any state or federal law involving fraud, bribery, collusion, conspiracy, or material misrepresentation with respect to a public contract.
	2.	The term “convicted” or “conviction” means a finding of guilt or a conviction of a contract crime, with or without an adjudication of guilt, in any federal or state trial court of record as a result of a jury verdict, nonjury trial, or entry of a plea of guilty or nolo contendere.
	vi.	Any other circumstance constituting “good cause” under Section
337.16(2), Florida Statutes, exists.
	a.	The pre-qualified status of a contractor found delinquent under Section 337.16(1), Florida Statutes, shall be denied, suspended, or revoked. A denial, suspension, or revocation shall prohibit the vendor from being a subcontractor on District work during the period of denial, suspension, or revocation, except when a prime contractor’s bid has used prices of a subcontractor who becomes disqualified after the bid, but before the request for authorization to sublet is presented.
	b.	The District shall inform the vendor in writing of its intent to deny, suspend, or revoke its pre-qualified status and inform the vendor of its right to a hearing, the procedure which must be followed, and the applicable time limits. If a hearing is requested within ten (10) days after the receipt of the notice of intent, the hearing shall be held within thirty (30) days after receipt by the District of the request for the hearing. The decision shall be issued in writing within fifteen
(15) business days after the hearing.
	a.	Such suspension or revocation shall not affect the vendor’s obligations under
any preexisting contract.
	a.	If a contractor’s pre-qualified status is revoked, suspended, or denied and the contractor receives an additional period of revocation, suspension, or denial of its pre-qualified status, the time periods will run consecutively.
	b.	In the case of contract crimes, the vendor’s pre-qualified status under this Rule shall be revoked indefinitely. For all violations of Rule 3.4(3)(a) other than for the vendor’s conviction for contract crimes, the revocation, denial, or suspension of a vendor’s pre-qualified status under this Rule shall be for a specific period of time based on the seriousness of the deficiency.
Examples of factors affecting the seriousness of a deficiency are:
	i.	Impacts on project schedule, cost, or quality of work;
	ii.	Unsafe conditions allowed to exist;
	iii.	Complaints from the public;
	iv.	Delay or interference with the bidding process;
	v.	The potential for repetition;
	vi.	Integrity of the public contracting process;
	vii.	Effect on the health, safety, and welfare of the public.
	a.	The District shall deny or revoke the pre-qualified status of any contractor and its affiliates for a period of 36 months when it is determined by the District that the contractor has, subsequent to January 1, 1978, been convicted of a contract crime within the jurisdiction of any state or federal court. Any such contractor shall not act as a prime contractor, material supplier, subcontractor, or consultant on any District contract or project during the period of denial or revocation.
	2.	Reapplication and Reinstatement
	a.	A contractor whose qualification to bid has been revoked or denied because of
contract crime may, at any time after revocation or denial, file a petition for reapplication or reinstatement. However, a contractor may not petition for reapplication or reinstatement for a period of 24 months after revocation or denial for a subsequent conviction occurring within 10 years of a previous denial or revocation for contract crime.

	a.	If the petition for reapplication or reinstatement is denied, the contractor cannot petition for a subsequent hearing for a period of nine months following the date of the final order of revocation or denial.

	a.	If the petition for reapplication or reinstatement is granted, the contractor must file a current Application for Qualification with the Contracts Administration Office. Reinstatement shall not be effective until issuance of a Certificate of Qualification.

	1.	Emergency Suspension and Revocation

	a.	The District may summarily issue an emergency suspension of a contractor’s qualification to bid if it finds that imminent danger exists to the public health, safety, or welfare.

	a.	The written notice of emergency suspension shall state the specific facts and reasons for finding an imminent danger to the public health, safety, or welfare exists.

	a.	The District, within 10 days of the emergency suspension, shall initiate formal suspension or revocation proceedings in compliance with Rule 3.4(3), except the 10-day notice requirement shall not be construed to prevent a hearing at the earliest time practicable upon request of the aggrieved party.

Specific Authority: §§ 190.011(5), 190.011(15), Fla. Stat.
Law Implemented: §§ 190.033, 255.0525, 255.20, Fla. Stat.; §§ 14-22.012, 14-22.0121, 14-22.014, Fla. Admin. Code.
Rule 3.5	Construction Contracts, Not Design-Build.

	1.	Scope. All contracts for the construction or improvement of any building, structure, or other public construction works authorized by Chapter 190 of the Florida Statutes, the costs of which are estimated by the District in accordance with generally accepted cost accounting principles to be in excess of the threshold amount for applicability of Section 255.20 of the Florida Statutes, as that amount may be indexed or amended from time to time, shall be let under the terms of these Rules and the procedures of Section 255.20 of the Florida Statutes, as the same may be amended from time to time. A project shall not be divided solely to avoid the threshold bidding requirements.

	1.	Procedure. When a purchase of construction services is within the scope of this Rule, the following procedures shall apply:

	a.	The Board shall cause to be prepared an Invitation to Bid, Request for Proposals, Invitation to Negotiate, or Competitive Solicitation.

	a.	Notice of the Invitation to Bid, Request for Proposals, Invitation to Negotiate, or Competitive Solicitation shall be advertised at least once in a newspaper of general circulation in the District and in the county in which the District is located. The notice shall also include the amount of the bid bond, if one is required. The notice shall allow at least twenty-one (21) days for submittal of sealed bids, proposals, replies, or responses, unless the Board, for good cause, determines a shorter period of time is appropriate. Any project projected to cost more than five hundred thousand dollars ($500,000) must be noticed at least thirty (30) days prior to the date for submittal of bids, proposals, replies, or responses. If the Board has previously pre-qualified contractors pursuant to Rule 3.4 and determined that only the contractors that have been pre-qualified will be permitted to submit bids, proposals, replies, and responses, the Notice of Invitation to Bid, Request for Proposals, Invitation to Negotiate, or Competitive Solicitation need not be published. Instead, the Notice of Invitation to Bid, Request for Proposals, Invitation to Negotiate, or Competitive Solicitation shall be sent to the pre-qualified contractors by United States Mail, electronic mail, hand delivery, facsimile, or overnight delivery service.

	a.	The District may maintain lists of persons interested in receiving notices of Invitations to Bid, Requests for Proposals, Invitations to Negotiate, and Competitive Solicitations. The District shall make a good faith effort to provide written notice, by electronic mail, United States Mail, or hand delivery, or facsimile, to persons who provide their name and address to the District Manager for inclusion on the list. However, failure of a person to receive the notice shall not invalidate any contract awarded in accordance with this Rule and shall not be a basis for a protest of any contract award.
	b.	If the District has pre-qualified providers of construction services, then, at the option of the District, only those persons who have been pre-qualified will be eligible to submit bids, proposals, replies, or responses to Invitations to Bid, Requests for Proposals, Invitations to Negotiate, and Competitive Solicitations.

	a.	In order to be eligible to submit a bid, proposal, reply, or response, a firm or individual must, at the time of receipt of the bids, proposals, replies, or responses:

	i.	Hold all required applicable state professional licenses in good standing;

	i.	Hold all required applicable federal licenses in good standing, if any;

	i.	Hold a current and active Florida corporate charter or be authorized to do business in the State of Florida in accordance with Chapter 607 of the Florida Statutes, if the bidder is a corporation; and

	i.	Meet any special pre-qualification requirements set forth in the Invitation to Bid, Request for Proposals, Invitation to Negotiate, or Competitive Solicitation.

Any contractor that has been found guilty by a court of competent jurisdiction of any violation of federal labor or employment tax laws regarding subjects including but not limited to, reemployment assistance, safety, tax withholding, worker’s compensation, unemployment tax, social security and Medicare tax, wage or hour, or prevailing rate laws within the past five (5) years shall be deemmay be considered ineligible by the District to submit a bid, response, or proposal for a District project.

Evidence of compliance with these Rules must be submitted with the bid, proposal, reply, or response, if required by the District. Failure to submit evidence of compliance when required may be grounds for rejection of the bid, proposal, reply, or response.

	a.	Bids, proposals, replies, and responses, or the portions of which that include the price, shall be publicly opened at a meeting noticed in accordance with Rule 1.3, and at which at least one district representative is present. The name of each bidder and the price submitted in the bid shall be announced at such meeting and shall be made available upon request. Minutes should be taken at the meeting and maintained by the District. Bids, proposals, replies, and responses shall be evaluated in accordance with the respective Invitation to Bid, Request for Proposals, Invitation to Negotiate, or Competitive Solicitation and these Rules. Minor variations in the bids,
proposals, replies, or responses may be waived by the Board. A variation is minor if waiver of the variation does not create a competitive advantage or disadvantage of a material nature. Mistakes in arithmetic extension of pricing may be corrected by the Board, provided such corrections do not result in a material change to the bid amount or create an unfair advantage. Bids and proposals may not be modified or supplemented after opening; provided however, additional information may be requested and/or provided to evidence compliance, make non-material modifications, clarifications, or supplementations, and as otherwise permitted by Florida law.

	a.	The lowest Responsive Bid submitted by a Responsive and Responsible Bidder in response to an Invitation to Bid shall be accepted. In relation to a Request for Proposals, Invitation to Negotiate, or Competitive Solicitation, the Board shall select the Responsive Proposal, Reply, or Response submitted by a Responsive and Responsible Vendor which is most advantageous to the District. To assure full understanding of the responsiveness to the solicitation requirements contained in a Request for Proposals, Invitation to Negotiate, or Competitive Solicitation, discussions may be conducted with qualified vendors. Vendors shall be accorded fair treatment prior to the submittal date with respect to any opportunity for discussion, preparation, and revision of bids, proposals, replies, and responses.

	a.	The Board shall have the right to reject all bids, proposals, replies, or responses because they exceed the amount of funds budgeted for the purchase, if there are not enough to be competitive, or if rejection is determined to be in the best interest of the District. No contractor shall be entitled to recover any costs of bid, proposal, response, or reply preparation or submittal from the District.

	a.	The Board may require potential contractors to furnish bid bonds, performance bonds, and/or other bonds with a responsible surety to be approved by the Board.

	a.	Notice of intent to award, including rejection of some or all bids, proposals, replies, or responses, shall be provided in writing to all contractors by United States Mail, electronic mail, hand delivery, facsimile, or overnight delivery service. The notice shall include the following statement: "Failure to file a protest within the time prescribed in Rule 3.11 of the Rules of the District shall constitute a waiver of proceedings under those Rules," or wording to that effect. Protests of the District’s purchase of construction services under this Rule shall be in accordance with the procedures set forth in Rule 3.11.
	b.	If less than three (3) Responsive Bids, Proposals, Replies, or Responses are received, the District may purchase construction services or may reject the bids, proposals, replies, or responses for a lack of competitiveness. If no Responsive Bid, Proposal, Reply, or Response is received, the District may proceed with the procurement of construction services, in the manner the Board determines is in the best interests of the District, which may include but is not limited to a direct purchase of the construction services without further competitive selection processes.

	1.	Sole Source; Government. Construction services that are only available from a single source are exempt from this Rule. Construction services provided by governmental agencies are exempt from this Rule. This Rule shall not apply to the purchase of construction services, which may include goods, supplies, or materials, that are purchased under a federal, state, or local government contract that has been competitively procured by such federal, state, or local government in a manner consistent with the material procurement requirements of these Rules. A contract for construction services is exempt from this Rule if state or federal law prescribes with whom the District must contract or if the rate of payment is established during the appropriation process.

	1.	Contracts; Public Records. In accordance with Florida law, each contract entered into pursuant to this Rule shall include provisions required by law that require the contractor to comply with public records laws.

	1.	Emergency Purchases. The District may make an Emergency Purchase without complying with these rules. only when there exists an immediate and serious need for construction services that cannot be met through normal procurement methods and the lack of such services would seriously threaten: (i) the District’s ability to perform essential services; (ii) the preservation or protection of property or improvements; or (iii) the health, safety, or welfare of any person. The fact that an Emergency Purchase has occurred or is necessary, along with a detailed description of the basis for the emergency determination, shall be noted in the minutes of the next Board Meeting.

	1.	Exceptions. This Rule is inapplicable when:

	a.	The project is undertaken as repair or maintenance of an existing public facility;

	a.	The funding source of the project will be diminished or lost because the time required to competitively award the project after the funds become available exceeds the time within which the funding source must be spent;

	a.	The District has competitively awarded a project and the contractor has abandoned the project or the District has terminated the contract; or
	b.	The District, after public notice, conducts a public meeting under Section
286.011 of the Florida Statutes, and finds by a majority vote of the Board that it is in the public’s best interest to perform the project using its own services, employees, and equipment.

Specific Authority: §§ 190.011(5), 190.011(15), Fla. Stat.
Law Implemented: §§ 119.0701, 189.053, 190.033, 255.0518, 255.0525, 255.20, 287.055, Fla. Stat.

Rule 3.6	Construction Contracts, Design-Build.

	1.	Scope. The District may utilize Design-Build Contracts for any public construction project for which the Board determines that use of such contract is in the best interest of the District. When letting a Design-Build Contract, the District shall use the following procedure:

	1.	Procedure.
	a.	The District shall utilize a Design Criteria Professional meeting the requirements of Section 287.055(2)(k) of the Florida Statutes, when developing a Design Criteria Package, evaluating the proposals and qualifications submitted by Design-Build Firms, and determining compliance of the project construction with the Design Criteria Package. The Design Criteria Professional may be an employee of the District, may be the District Engineer selected by the District pursuant to Section 287.055 of the Florida Statutes, or may be retained pursuant to Rule 3.1. The Design Criteria Professional is not eligible to render services under a Design-Build Contract executed pursuant to the Design Criteria Package.

	a.	A Design Criteria Package for the construction project shall be prepared and sealed by the Design Criteria Professional. If the project utilizes existing plans, the Design Criteria Professional shall create a Design Criteria Package by supplementing the plans with project specific requirements, if any.

	a.	The Board may either choose to award the Design-Build Contract pursuant to the competitive proposal selection process set forth in Section 287.055(9) of the Florida Statutes, or pursuant to the qualifications-based selection process pursuant to Rule 3.1.

	i.	Qualifications-Based Selection. If the process set forth in Rule 3.1 is utilized, subsequent to competitive negotiations, a guaranteed maximum price and guaranteed completion date shall be established.
	ii.	Competitive Proposal-Based Selection. If the competitive proposal selection process is utilized, the Board, in consultation with the Design Criteria Professional, shall establish the criteria, standards and procedures for the evaluation of Design-Build Proposals based on price, technical, and design aspects of the project, weighted for the project. After a Design Criteria Package and the standards and procedures for evaluation of proposals have been developed, competitive proposals from qualified firms shall be solicited pursuant to the design criteria by the following procedure:

	1.	A Request for Proposals shall be advertised at least once in a newspaper of general circulation in the county in which the District is located. The notice shall allow at least twenty-one
(21) days for submittal of sealed proposals, unless the Board, for good cause, determines a shorter period of time is appropriate. Any project projected to cost more than five hundred thousand dollars ($500,000) must be noticed at least thirty (30) days prior to the date for submittal of proposals.

	1.	The District may maintain lists of persons interested in receiving notices of Requests for Proposals. The District shall make a good faith effort to provide written notice, by electronic mail, United States Mail, or hand delivery, or facsimile, to persons who provide their name and address to the District Manager for inclusion on the list. However, failure of a person to receive the notice shall not invalidate any contract awarded in accordance with this Rule and shall not be a basis for a protest of any contract award.

	1.	In order to be eligible to submit a proposal, a firm must, at the time of receipt of the proposals:

	a.	Hold the required applicable state professional licenses in good standing, as defined by Section 287.055(2)(h) of the Florida Statutes;

	a.	Hold all required applicable federal licenses in good standing, if any;

	a.	Hold a current and active Florida corporate charter or be authorized to do business in the State of Florida in accordance with Chapter 607 of the Florida Statutes, if the proposer is a corporation;
	b.	Meet any special pre-qualification requirements set forth in the Request for Proposals and Design Criteria Package.

Any contractor that has been found guilty by a court of any violation of federal labor or employment tax laws regarding subjects including but not limited to reemployment assistance, safety, tax withholding, worker’s compensation, unemployment tax, social security and Medicare tax, wage or hour, or prevailing rate laws within the past five (5) years may be considered ineligible by the District to submit a bid, response, or proposal for a District project.

Evidence of compliance with these Rules must be submitted with the proposal if required by the District. Failure to submit evidence of compliance when required may be grounds for rejection of the proposal.

	1.	The proposals, or the portions of which that include the price, shall be publicly opened at a meeting noticed in accordance with Rule 1.3, and at which at least one district representative is present. The name of each bidder and the price submitted in the bid shall be announced at such meeting and shall be made available upon request. Minutes should be taken at the meeting and maintained by the District. In consultation with the Design Criteria Professional, the Board shall evaluate the proposals received based on evaluation criteria and procedures established prior to the solicitation of proposals, including but not limited to qualifications, availability, and past work of the firms and the partners and members thereof. The Board shall then select no fewer than three (3) Design-Build Firms as the most qualified.

	1.	The Board shall have the right to reject all proposals if the proposals are too high, or rejection is determined to be in the best interest of the District. No vendor shall be entitled to recover any costs of proposal preparation or submittal from the District.

	1.	If less than three (3) Responsive Proposals are received, the District may purchase design-build services or may reject the proposals for lack of competitiveness. If no Responsive Proposals are received, the District may proceed with the procurement of design-build services in the manner the Board determines is in the best interests of the District,
which may include but is not limited to a direct purchase of the design-build services without further competitive selection processes.

	1.	Notice of the rankings adopted by the Board, including the rejection of some or all proposals, shall be provided in writing to all consultants by United States Mail, hand delivery, facsimile, electronic mail, or overnight delivery service. The notice shall include the following statement: "Failure to file a protest within the time prescribed in Rule
3.11 of the Rules of the District shall constitute a waiver of proceedings under those Rules," or wording to that effect. Protests of the District’s rankings under this Rule shall be in accordance with the procedures set forth in Rule 3.11.

	1.	The Board shall negotiate a contract with the firm ranking the highest based on the evaluation standards and shall establish a price which the Board determines is fair, competitive and reasonable. Should the Board be unable to negotiate a satisfactory contract with the firm considered to be the most qualified at a price considered by the Board to be fair, competitive, and reasonable, negotiations with that firm must be terminated. The Board shall then undertake negotiations with the second most qualified firm, based on the ranking by the evaluation standards. Should the Board be unable to negotiate a satisfactory contract with the firm considered to be the second most qualified at a price considered by the Board to be fair, competitive, and reasonable, negotiations with that firm must be terminated. The Board shall then undertake negotiations with the third most qualified firm. Should the Board be unable to negotiate a satisfactory contract with the firm considered to be the third most qualified at a price considered by the Board to be fair, competitive, and reasonable, negotiations with that firm must be terminated. Should the Board be unable to negotiate a satisfactory contract with any of the selected firms, the Board shall select additional firms in order of their rankings based on the evaluation standards and continue negotiations until an agreement is reached or the list of firms is exhausted.

	1.	After the Board contracts with a firm, the firm shall bring to the Board for approval, detailed working drawings of the project.
	2.	The Design Criteria Professional shall evaluate the compliance of the detailed working drawings and project construction with the Design Criteria Package and shall provide the Board with a report of the same.

	1.	Contracts; Public Records. In accordance with Florida law, each contract entered into pursuant to this Rule shall include provisions required by law that require the contractor to comply with public records laws.

	1.	Emergency Purchase. The Board may, in case of public emergency, declare an emergency and immediately proceed with negotiations with the best qualified Design-Build Firm available at the time. The fact that an Emergency Purchase has occurred shall be noted in the minutes of the next Board meeting.

	1.	Exceptions. This Rule is inapplicable when:

	a.	The project is undertaken as repair or maintenance of an existing public facility;

	a.	The funding source of the project will be diminished or lost because the time required to competitively award the project after the funds become available exceeds the time within which the funding source must be spent;

	a.	The District has competitively awarded a project and the contractor has abandoned the project or the District has terminated the contractor; or

	a.	The District, after public notice, conducts a public meeting under Section
286.011 of the Florida Statutes, and finds by a majority vote of the Board that it is in the public’s best interest to perform the project using its own services, employees, and equipment.

Specific Authority: §§ 190.011(5), 190.011(15), Fla. Stat.
Law Implemented: §§ 119.0701, 189.053, 190.033, 255.0518, 255.0525, 255.20, 287.055, Fla. Stat.
Rule 3.7	Payment and Performance Bonds.

	1.	Scope. This Rule shall apply to contracts for the construction of a public building, for the prosecution and completion of a public work, or for repairs upon a public building or public work and shall be construed in addition to terms prescribed by any other Rule that may also apply to such contracts.

	1.	Required Bond. Upon entering into a contract for any of the services described in section (1) of this Rule in excess of $200,000, the Board should require that the contractor, before commencing the work, execute and record a payment and performance bond in an amount equal to the contract price. Notwithstanding the terms of the contract or any other law, the District may not make payment to the contractor until the contractor has provided to the District a certified copy of the recorded bond.

	1.	Discretionary Bond. At the discretion of the Board, upon entering into a contract for any of the services described in section (1) of this Rule for an amount not exceeding $200,000, the contractor may be exempted from executing a payment and performance bond.

Specific Authority: §§ 190.011(5), 190.011(15), Fla. Stat. Law Implemented: § 255.05, Fla. Stat.
Rule 3.8	Goods, Supplies, and Materials.

	1.	Purpose and Scope. All purchases of goods, supplies, or materials exceeding the amount provided in Section 287.017 of the Florida Statutes, for CATEGORY FOUR, shall be purchased under the terms of this Rule. Contracts for purchases of “goods, supplies, and materials” do not include printing, insurance, advertising, or legal notices. A contract involving goods, supplies, or materials plus maintenance services may, in the discretion of the Board, be treated as a contract for maintenance services. However, a purchase shall not be divided solely in order to avoid the threshold bidding requirements.

	1.	Procedure. When a purchase of goods, supplies, or materials is within the scope of this Rule, the following procedures shall apply:

	a.	The Board shall cause to be prepared an Invitation to Bid, Request for Proposals, Invitation to Negotiate, or Competitive Solicitation.

	a.	Notice of the Invitation to Bid, Request for Proposals, Invitation to Negotiate, or Competitive Solicitation shall be advertised at least once in a newspaper of general circulation within the District and within the county in which the District is located. The notice shall also include the amount of the bid bond, if one is required. The notice shall allow at least seven (7) days for submittal of bids, proposals, replies, or responses.

	a.	The District may maintain lists of persons interested in receiving notices of Invitations to Bid, Requests for Proposals, Invitations to Negotiate, or Competitive Solicitations. The District shall make a good faith effort to provide written notice, by electronic mail, United States Mail, or hand delivery, or facsimile, to persons who provide their name and address to the District Manager for inclusion on the list. However, failure of a person to receive the notice shall not invalidate any contract awarded in accordance with this Rule and shall not be a basis for a protest of any contract award.

	a.	If the District has pre-qualified suppliers of goods, supplies, and materials, then, at the option of the District, only those persons who have been pre- qualified will be eligible to submit bids, proposals, replies, or responses.

	a.	In order to be eligible to submit a bid, proposal, reply, or response, a firm or individual must, at the time of receipt of the bids, proposals, replies, or responses:

	i.	Hold all required applicable state professional licenses in good standing;

	i.	Hold all required applicable federal licenses in good standing, if any;
	ii.	Hold a current and active Florida corporate charter or be authorized to do business in the State of Florida in accordance with Chapter 607 of the Florida Statutes, if the vendor is a corporation; and

	i.	Meet any special pre-qualification requirements set forth in the Invitation to Bid, Request for Proposals, Invitation to Negotiate, or Competitive Solicitation.

Evidence of compliance with these Rules must be submitted with the bid, proposal, reply or response if required by the District. Failure to submit evidence of compliance when required may be grounds for rejection of the bid, proposal, reply, or response.

Any firm or individual whose principal place of business is outside the State of Florida must also submit a written opinion of an attorney at law licensed to practice law in that foreign state, as to the preferences, if any or none, granted by the law of that foreign state to business entities whose principal places of business are in that foreign state, in the letting of any or all public contracts. Failure to submit such a written opinion or submission of a false or misleading written opinion may be grounds for rejection of the bid, proposal, reply, or response.

	a.	Bids, proposals, replies, and responses shall be publicly opened at the time and place noted on the Invitation to Bid, Request for Proposals, Invitation to Negotiate, or Competitive Solicitation. Bids, proposals, replies, and responses shall be evaluated in accordance with the respective Invitation to Bid, Request for Proposals, Invitation to Negotiate, or Competitive Solicitation, and this Rule. Minor variations in the bids, proposals, replies, or responses may be waived by the Board. A variation is minor if waiver of the variation does not create a competitive advantage or disadvantage of a material nature. Mistakes in arithmetic extension of pricing may be corrected by the Board. Bids and proposals may not be modified or supplemented after opening; provided however, additional information may be requested and/or provided to evidence compliance, make non-material modifications, clarifications, or supplementations, and as otherwise permitted by Florida law.

	a.	The lowest Responsive Bid, after taking into account the preferences provided for in this subsection, submitted by a Responsive and Responsible Bidder in response to an Invitation to Bid, Request for Proposals, Invitation to Negotiate, or Competitive Solicitation shall be accepted. If the lowest Responsive Bid is submitted by a Responsive and Responsible Bidder whose principal place of business is located in a foreign state which does not grant a preference in competitive purchase to businesses whose principal place of business are in that foreign state, the lowest Responsible and Responsive Bidder whose principal place of business is in the State of
Florida shall be awarded a preference of five percent (5%). If the lowest Responsive Bid is submitted by a Responsive and Responsible Bidder whose principal place of business is located in a foreign state which grants a preference in competitive purchase to businesses whose principal place of business are in that foreign state, the lowest Responsible and Responsive Bidder whose principal place of business is in the State of Florida shall be awarded a preference equal to the preference granted by such foreign state.

To assure full understanding of the responsiveness to the solicitation requirements contained in an Invitation to Bid, Request for Proposals, Invitation to Negotiate, or Competitive Solicitation, discussions may be conducted with qualified vendors. Vendors shall be accorded fair treatment prior to the submittal date with respect to any opportunity for discussion, preparation, and revision of bids, proposals, replies, and responses.

	a.	The Board shall have the right to reject all bids, proposals, replies, or responses because they exceed the amount of funds budgeted for the purchase, if there are not enough to be competitive, or if rejection is determined to be in the best interest of the District. No vendor shall be entitled to recover any costs of bid, proposal, reply, or response preparation or submittal from the District.

	a.	The Board may require bidders and proposers to furnish bid bonds, performance bonds, and/or other bonds with a responsible surety to be approved by the Board.

	a.	Notice of intent to award, including rejection of some or all bids, proposals, replies, or responses shall be provided in writing to all vendors by United States Mail, electronic mail, hand delivery, facsimile, or overnight delivery service. The notice shall include the following statement: "Failure to file a protest within the time prescribed in Rule 3.11 of the Rules of the District shall constitute a waiver of proceedings under those Rules," or wording to that effect. Protests of the District’s purchase of goods, supplies, and materials under this Rule shall be in accordance with the procedures set forth in Rule 3.11.

	a.	If less than three (3) Responsive Bids, Proposals, Replies, or Responses are received, the District may purchase goods, supplies, or materials, or may reject the bids, proposals, replies, or responses for a lack of competitiveness. If no Responsive Bid, Proposal, Reply, or Response is received, the District may proceed with the procurement of goods, supplies, and materials, in the manner the Board determines is in the best interests of the District, which may include but is not limited to a direct purchase of the goods, supplies, and materials without further competitive selection processes.
	2.	Goods, Supplies, and Materials included in a Construction Contract Awarded Pursuant to Rule 3.5 or 3.6. There may be occasions where the District has undergone the competitive purchase of construction services which contract may include the provision of goods, supplies, or materials. In that instance, the District may approve a change order to the contract and directly purchase the goods, supplies, and materials. Such purchase of goods, supplies, and materials deducted from a competitively purchased construction contract shall be exempt from this Rule.

	1.	Exemption. Goods, supplies, and materials that are only available from a single source are exempt from this Rule. Goods, supplies, and materials provided by governmental agencies are exempt from this Rule. A contract for goods, supplies, or materials is exempt from this Rule if state or federal law prescribes with whom the District must contract or if the rate of payment is established during the appropriation process. This Rule shall not apply to the purchase of goods, supplies or materials that are purchased under a federal, state, or local government contract that has been competitively procured by such federal, state, or local government in a manner consistent with the material procurement requirements of these Rules.

	1.	Renewal. Contracts for the purchase of goods, supplies, and/or materials subject to this Rule may be renewed for a maximum period of five (5) years.

	1.	Emergency Purchases. The District may make an Emergency Purchase without complying with these rules. The fact that an Emergency Purchase has occurred or is necessary shall be noted in the minutes of the next Board meeting.

Specific Authority: §§ 190.011(5), 190.011(15), Fla. Stat.
Law Implemented: §§ 189.053, 190.033, 287.017, 287.084, Fla. Stat.
Rule 3.9	Maintenance Services.

	1.	Scope. All contracts for maintenance of any District facility or project shall be set under the terms of this Rule if the cost exceeds the amount provided in Section
287.017 of the Florida Statutes, for CATEGORY FOUR. A contract involving goods, supplies, and materials plus maintenance services may, in the discretion of the Board, be treated as a contract for maintenance services. However, a purchase shall not be divided solely in order to avoid the threshold bidding requirements.

	1.	Procedure. When a purchase of maintenance services is within the scope of this Rule, the following procedures shall apply:

	a.	The Board shall cause to be prepared an Invitation to Bid, Request for Proposals, Invitation to Negotiate, or Competitive Solicitation.

	a.	Notice of the Invitation to Bid, Request for Proposals, Invitation to Negotiate, or Competitive Solicitation shall be advertised at least once in a newspaper of general circulation within the District and within the county in which the District is located. The notice shall also include the amount of the bid bond, if one is required. The notice shall allow at least seven (7) days for submittal of bids, proposals, replies, or responses.

	a.	The District may maintain lists of persons interested in receiving notices of Invitations to Bid, Requests for Proposals, Invitations to Negotiate, and Competitive Solicitations. The District shall make a good faith effort to provide written notice, by electronic mail, United States Mail, or hand delivery, or facsimile, to persons who provide their name and address to the District Manager for inclusion on the list. However, failure of a person to receive the notice shall not invalidate any contract awarded in accordance with this Rule and shall not be a basis for a protest of any contract award.

	a.	If the District has pre-qualified suppliers of maintenance services, then, at the option of the District, only those persons who have been pre-qualified will be eligible to submit bids, proposals, replies, and responses.

	a.	In order to be eligible to submit a bid, proposal, reply, or response, a firm or individual must, at the time of receipt of the bids, proposals, replies, or responses:

	i.	Hold all required applicable state professional licenses in good standing;

	i.	Hold all required applicable federal licenses in good standing, if any;
	ii.	Hold a current and active Florida corporate charter or be authorized to do business in the State of Florida in accordance with Chapter 607 of the Florida Statutes, if the vendor is a corporation; and

	i.	Meet any special pre-qualification requirements set forth in the Invitation to Bid, Request for Proposals, Invitation to Negotiate, or Competitive Solicitation.

Evidence of compliance with these Rules must be submitted with the bid, proposal, reply, or response if required by the District. Failure to submit evidence of compliance when required may be grounds for rejection of the bid, proposal, reply, or response.

	a.	Bids, proposals, replies, and responses shall be publicly opened at the time and place noted on the Invitation to Bid, Request for Proposals, Invitation to Negotiate, or Competitive Solicitation. Bids, proposals, replies, and responses shall be evaluated in accordance with the respective Invitation to Bid, Request for Proposals, Invitation to Negotiate, or Competitive Solicitation, and these Rules. Minor variations in the bids, proposals, replies, and responses may be waived by the Board. A variation is minor if waiver of the variation does not create a competitive advantage or disadvantage of a material nature. Mistakes in arithmetic extension of pricing may be corrected by the Board. Bids and proposals may not be modified or supplemented after opening; provided however, additional information may be requested and/or provided to evidence compliance, make non-material modifications, clarifications, or supplementations, and as otherwise permitted by Florida law.

	a.	The lowest Responsive Bid submitted in response to an Invitation to Bid by a Responsive and Responsible Bidder shall be accepted. In relation to a Request for Proposals, Invitation to Negotiate or Competitive Solicitation the Board shall select the Responsive Proposal, Reply, or Response submitted by a Responsive and Responsible Vendor which is most advantageous to the District. To assure full understanding of the responsiveness to the solicitation requirements contained in a Request for Proposals, Invitation to Negotiate, or Competitive Solicitation, discussions may be conducted with qualified vendors. Vendors shall be accorded fair treatment prior to the submittal date with respect to any opportunity for discussion, preparation, and revision of bids, proposals, replies, or responses.

	a.	The Board shall have the right to reject all bids, proposals, replies, or responses because they exceed the amount of funds budgeted for the purchase, if there are not enough to be competitive, or if rejection is determined to be in the best interest of the District. No Vendor shall be
entitled to recover any costs of bid, proposal, reply, or response preparation or submittal from the District.

	a.	The Board may require bidders and proposers to furnish bid bonds, performance bonds, and/or other bonds with a responsible surety to be approved by the Board.

	a.	Notice of intent to award, including rejection of some or all bids, proposals, replies, or responses shall be provided in writing to all vendors by United States Mail, electronic mail, hand delivery, facsimile, or overnight delivery service. The notice shall include the following statement: "Failure to file a protest within the time prescribed in Rule 3.11 of the Rules of the District shall constitute a waiver of proceedings under those Rules," or wording to that effect. Protests of the District’s procurement of maintenance services under this Rule shall be in accordance with the procedures set forth in Rule 3.11.

	a.	If less than three (3) Responsive Bids, Proposals, Replies, or Responses are received, the District may purchase the maintenance services or may reject the bids, proposals, replies, or responses for a lack of competitiveness. If no Responsive Bid, Proposal, Reply, or Response is received, the District may proceed with the procurement of maintenance services, in the manner the Board determines is in the best interests of the District, which may include but is not limited to a direct purchase of the maintenance services without further competitive selection processes.

	1.	Exemptions. Maintenance services that are only available from a single source are exempt from this Rule. Maintenance services provided by governmental agencies are exempt from this Rule. A contract for maintenance services is exempt from this Rule if state or federal law prescribes with whom the District must contract or if the rate of payment is established during the appropriation process.

	1.	Renewal. Contracts for the purchase of maintenance services subject to this Rule may be renewed for a maximum period of five (5) years.

	1.	Contracts; Public Records. In accordance with Florida law, each contract entered into pursuant to this Rule shall include provisions required by law that require the contractor to comply with public records laws.

	1.	Emergency Purchases. The District may make an Emergency Purchase without complying with these rules. The fact that an Emergency Purchase has occurred or is necessary shall be noted in the minutes of the next Board meeting.

Specific Authority: §§ 190.011(5), 190.011(15), 190.033, Fla. Stat.
Law Implemented: §§ 119.0701, 190.033, 287.017, Fla. Stat.
Rule 3.10	Contractual Services.

	1.	Exemption from Competitive Purchase. Pursuant to Section 190.033(3) of the Florida Statutes, Contractual Services shall not be subject to competitive purchasing requirements. If an agreement is predominantly for Contractual Services, but also includes maintenance services or the purchase of goods and services, the contract shall not be subject to competitive purchasing requirements. Regardless of whether an advertisement or solicitation for Contractual Services is identified as an Invitation to Bid, Request for Proposals, Invitation to Negotiate, or Competitive Solicitation, no rights or remedies under these Rules, including but not limited to protest rights, are conferred on persons, firms, or vendors proposing to provide Contractual Services to the District.

	1.	Contracts; Public Records. In accordance with Florida law, each contract for Contractual Services shall include provisions required by law that require the contractor to comply with public records laws.

Specific Authority: §§ 190.011(5), 190.011(15), Fla. Stat.
Law Implemented: §§ 119.0701, 190.011(3), 190.033, Fla. Stat.
Rule 3.11	Protests with Respect to Proceedings under Rules 3.1, 3.2, 3.3, 3.4, 3.5, 3.6, 3.8,
and 3.9.

The resolution of any protests with respect to proceedings under Rules 3.1, 3.2, 3.3, 3.4, 3.5, 3.6, 3.8, and 3.9 shall be in accordance with this Rule.

	1.	Filing.

	a.	With respect to a protest regarding qualifications, specifications, documentation, or other requirements contained in a Request for Qualifications, Request for Proposals, Invitation to Bid, or Competitive Solicitation issued by the District, the notice of protest shall be filed in writing within seventy-two (72) calendar hours (excluding Saturdays, Sundays, and state holidays) after the first advertisement of the Request for Qualifications, Request for Proposals, Invitation to Bid, or Competitive Solicitation. A formal protest setting forth with particularity the facts and law upon which the protest is based shall be filed within seven (7) calendar days (including Saturdays, Sundays, and state holidays) after the initial notice of protest was filed. For purposes of this Rule, wherever applicable, filing will be perfected and deemed to have occurred upon receipt by the District. Failure to file a notice of protest shall constitute a waiver of all rights to protest the District’s intended decision. Failure to file a formal written protest shall constitute an abandonment of the protest proceedings and shall automatically terminate the protest proceedings.

	a.	Except for those situations covered by subsection (1)(a) of this Rule, any firm or person who is affected adversely by a District’s ranking or intended award under Rules 3.1, 3.2, 3.3, 3.4, 3.5, 3.6, 3.8, or 3.9 and desires to contest the District’s ranking or intended award, shall file with the District a written notice of protest within seventy-two (72) calendar hours (excluding Saturdays, Sundays, and state holidays) after receipt of the notice of the District’s ranking or intended award. A formal protest setting forth with particularity the facts and law upon which the protest is based shall be filed within seven (7) calendar days (including Saturdays, Sundays, and state holidays) after the initial notice of protest was filed. For purposes of this Rule, wherever applicable, filing will be perfected and deemed to have occurred upon receipt by the District. Failure to file a notice of protest shall constitute a waiver of all rights to protest the District’s ranking or intended award. Failure to file a formal written protest shall constitute an abandonment of the protest proceedings and shall automatically terminate the protest proceedings.

	a.	If the requirement for the posting of a protest bond and the amount of the protest bond, which may be expressed by a percentage of the contract to be awarded or a set amount, is disclosed in the District’s competitive solicitation documents for a particular purchase under Rules 3.1, 3.2, 3.3,
3.4, 3.5, 3.6, 3.8, or 3.9, any person who files a notice of protest must post the protest bond. The amount of the protest bond shall be determined by District staff after consultation with the Board and within the limits, if any, imposed by Florida law. In the event the protest is successful, the protest bond shall be refunded to the protestor. In the event the protest is unsuccessful, the protest bond shall be applied towards the District’s costs, expenses, and attorney’s fees associated with hearing and defending the protest. In the event the protest is settled by mutual agreement of the parties, the protest bond shall be distributed as agreed to by the District and protestor.

	a.	The District does not accept documents filed by electronic mail or facsimile transmission. Filings are only accepted during normal business hours, which are 9:00 a.m. to 5:00 p.m., Monday through Friday, excluding holidays.

	1.	Contract Execution. Upon receipt of a notice of protest which has been timely filed, the District shall not execute the contract under protest until the subject of the protest is resolved. However, if the District sets forth in writing particular facts and circumstances showing that delay incident to protest proceedings will jeopardize the funding for the project, will materially increase the cost of the project, or will create an immediate and serious danger to the public health, safety, or welfare, the contract may be executed.

	1.	Informal Proceeding. If the Board determines a protest does not involve a disputed issue of material fact, the Board may, but is not obligated to, schedule an informal proceeding to consider the protest. Such informal proceeding shall be at a time and place determined by the Board. Notice of such proceeding shall be sent via certified mafacsimile, hand delivery, or email with delivery confirmationUnited States Mail, or hand delivery to the protestor and any substantially affected persons or parties not less than three (3) calendar days prior to such informal proceeding. Within thirty (30) calendar days following the informal proceeding, the Board shall issue a written decision setting forth the factual, legal, and policy grounds for its decision.

	1.	Formal Proceeding. If the Board determines a protest involves disputed issues of material fact or if the Board elects not to use the informal proceeding process provided for in section (3) of this Rule, the District shall schedule a formal hearing to resolve the protest. The Chairperson shall designate any member of the Board (including the Chairperson), District Manager, District Counsel, or other qualified person as a hearing officer to conduct the hearing. The hearing officer may:

	a.	Administer oaths and affirmations;

	a.	Rule upon offers of proof and receive relevant evidence;

	a.	Regulate the course of the hearing, including any pre-hearing matters;
	b.	Enter orders; and

	a.	Make or receive offers of settlement, stipulation, and adjustment.

The hearing officer shall, within thirty (30) days after the hearing or receipt of the hearing transcript, whichever is later, file a recommended order which shall include a caption, time and place of hearing, appearances entered at the hearing, statement of the issues, findings of fact and conclusions of law, separately stated, and a recommendation for final District action. The District shall allow each party fifteen
(15) calendar days from receipt of the recommended orderdays in which to submit written exceptions to the recommended order. The District shall issue a final order within sixty (60) days after the filing of the recommended order.

	1.	Intervenors. Other substantially affected persons may join the proceedings as intervenors by filing a motion to intervene within 10 calendar days of the initial protest filing, onon appropriate terms thatwhich shall not unduly delay the proceedings.

	1.	Rejection of all Qualifications, Bids, Proposals, Replies and Responses after Receipt of Notice of Protest. If the Board determines there was a violation of law, defect, or an irregularity in the competitive solicitation process, the Bids, Proposals, Replies, and Responses are too high, or if the Board determines it is otherwise in the District’s best interest, the Board may reject all qualifications, bids, proposals, replies, and responses and start the competitive solicitation process anew. If the Board decides to reject all qualifications, bids, proposals, replies, and responses and start the competitive solicitation process anew, any pending protests shall automatically terminate.

	1.	Settlement. Nothing herein shall preclude the settlement of any protest under this Rule at any time.

Specific Authority: §§ 190.011(5), 190.011(15), Fla. Stat. Law Implemented: § 190.033, Fla. Stat.
Rule 4.0	Effective Date.

These Rules shall be effective [DATE], except that no election of officers required by these Rules shall be required until after the next regular election for the Board.

Specific Authority: §§ 190.011(5), 190.011(15), Fla. Stat. Law Implemented: §§ 190.011(5), 190.011(15), Fla. Stat.

SIXTH ORDER OF BUSINESS

C.
Wynnfield Lakes Community Development District Performance Measures/Standards & Annual Reporting Form
October 1, 2025– September 30, 2026

	1.	 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 D No D
Goal 1.2: Notice of Meetings Compliance
Objective: Provide public notice of each meeting at least seven days in advance, as specified in Section 190.007(1), 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 with 7 days’ notice per statute by at least two methods (i.e., newspaper, CDD website, electronic communications).
Achieved: Yes D No D
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 D No D
	1.	 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 D No D
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 D No D
	1.	 Financial Transparency and Accountability Goal 3.1: Annual Budget Preparation
Objective: Prepare and approve the annual proposed budget by June 15 and adopt the final budget 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 D No D
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 D No D
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 D No D

Chair/Vice Chair:			Date:	 Print Name:		
Wynnfield Lakes Community Development District

District Manager:			Date:	 Print Name:		
Wynnfield Lakes Community Development District

D.

1.

Field Operations & Amenity Manager’s Reports

Prepared For
WYNNFIELD LAKES CDD
for the
September 15, 2025 Meeting

Respectfully submitted by Lina Hernandez
& Winslow Wheeler

General Service:
Bland Landscaping continues to provide weekly landscape maintenance across the community.

Fertilization & Weed Control:
  A balanced fertilizer with added micronutrients was applied to promote turf health and enhance color.
  Post-emergent weed control was applied.
  Treatment was applied for chinch bug suppression.
  A fungicide was applied to treat active summer patch disease.

Turf Maintenance:
  Regular monthly turf maintenance was completed across all designated areas.

Annuals & Flower Beds:
  Weekly weed pulling and deadheading were performed in all annual ﬂower beds.

Irrigation Report:
  All reported irrigation issues for this period have been repaired.  No new concerns have been noted at this time.

Canopy Lift:
  The tree trimming along Wynnﬁeld Lakes Dr. over the sidewalks was completed on August
7. The overhanging branches were successfully removed, and the work appears to be of good quality.

Bridge Area – Sod Replacement:
  Sod was replaced in the Bridge area on August 28.
  Post-installation steps:
  Irrigation adjusted for the next 3–4 weeks to support new sod, then gradually reduced.
  Fertilizer application scheduled within 2–3 weeks.
  Turf to be monitored for insects or disease; insecticide/fungicide applied as needed.
  Sod will not be mowed immediately; initial color/height differences expected.   Sod expected to blend in and establish uniformly within a few weeks.
Turf Replacement at Lake Bank & Kernan Blvd Berm:
  Bland has submitted a proposal for the replacement of declined turf along the lake bank near the pool and the berm along Kernan Blvd. The combined areas total approximately 16 pallets, with two pallets needed for the lake bank and the remainder for the berm areas.
 Bland is proposing to share the cost of replacement with the District. They will absorb the labor portion, and the CDD would cover only the cost of materials. The total cost for this job is $6,950.

Service Overview:
  Monthly Inspections: Solitude Lake Management performs monthly inspections of all community ponds.
  Additional Visits: Extra service visits are conducted as needed based on pond conditions or speciﬁc requests.

Current Conditions & Updates:
  Solitude is actively monitoring weed growth along the pond banks.
 Treatments are being applied as necessary to manage vegetation and maintain water quality.
Service Report

	Account	Wynnfield Lakes CDD		
Work Order	00846253	Contact	Lina Hernandez	
Work Order Number	00846253	Address	12319 Wynnfield Lake Drive Jacksonville, FL 32246 United States	
Created Date	7/30/2025			

Work Details
Specialist Comments to Customer

Today pond 6 and the lake front were inspected due the them looking good at this time. Ponds 4 and 5 had probiotics added in the water. Pond 2 was treated for algae at this time. Ponds 1, 3, and 4 were treated for algae and submerged grasses in the water at this time.

Prepared By

Kolyn Sikes

Work Order Assets			
Asset	Status	Product Work Type			
Lake-ALL	Inspected		
Lake	1	Inspected		
Lake	3	Inspected		
Lake	2	Inspected		
Lake Front	Inspected		
Lake	6	Inspected		
Lake	5	Inspected		
Lake 4	Inspected		

Service Parameters
Asset Lake-ALL
Product Work Type TEMP
Specialist Comments to Customer
Lake-ALL Lake-ALL	pH DO		
			
Lake-ALL	TRASH / DEBRIS COLLECTION (IN HOUSE)		
Lake-ALL	SHORELINE WEED CONTROL		
Lake-ALL	MONITORING		
Lake-ALL	LAKE WEED CONTROL		
Lake-ALL	ALGAE CONTROL		
Lake Front	TEMP		
Lake Front
Lake Front	pH
DO		
Lake Front Lake Front Lake Front	TRASH / DEBRIS COLLECTION (IN HOUSE) SHORELINE WEED CONTROL MONITORING		
Service Report

Work Order
Work Order Number
Created Date Lake Front Lake Front Lake 6
Lake 6
Lake 6
Lake 6
Lake 6
Lake 6
Lake 6
Lake 6
Lake 5
Lake 5
Lake 5
Lake 5
Lake 5
Lake 5
Lake 5
Lake 5
Lake 4
Lake 4
Lake 4
Lake 4
Lake 4
Lake 4
Lake 4
Lake 4
Lake 3
Lake 3
Lake 3
Lake 3
Lake 3
Lake 3
Lake 3
Lake 3

00846253
00846253

7/30/2025
LAKE WEED CONTROL ALGAE CONTROL TEMP
pH DO
TRASH / DEBRIS COLLECTION (IN HOUSE) SHORELINE WEED CONTROL MONITORING
LAKE WEED CONTROL ALGAE CONTROL TEMP
pH DO
TRASH / DEBRIS COLLECTION (IN HOUSE) SHORELINE WEED CONTROL MONITORING
LAKE WEED CONTROL ALGAE CONTROL TEMP
pH DO
TRASH / DEBRIS COLLECTION (IN HOUSE) SHORELINE WEED CONTROL MONITORING
LAKE WEED CONTROL ALGAE CONTROL TEMP
pH DO
TRASH / DEBRIS COLLECTION (IN HOUSE) SHORELINE WEED CONTROL MONITORING
LAKE WEED CONTROL ALGAE CONTROL
Account Contact Address
Wynnfield Lakes CDD Lina Hernandez
12319 Wynnfield Lake Drive Jacksonville, FL 32246 United States
Service Report

Work Order
Work Order Number
Created Date Lake	2
Lake	2
Lake	2
Lake	2
Lake	2
Lake	2
Lake	2
Lake	2
Lake	1
Lake	1
Lake	1
Lake	1
Lake	1
Lake	1
Lake	1
Lake	1
Lake	4
Lake	5
Lake	6
Lake Front Lake	2
Lake	3
Lake	1
Lake-ALL

00846253
00846253

7/30/2025
TEMP
pH DO
TRASH / DEBRIS COLLECTION (IN HOUSE) SHORELINE	WEED	CONTROL MONITORING
LAKE WEED CONTROL ALGAE CONTROL TEMP
pH DO
TRASH / DEBRIS COLLECTION (IN HOUSE) SHORELINE	WEED	CONTROL MONITORING
LAKE WEED CONTROL ALGAE CONTROL
Account Contact Address
Wynnfield Lakes CDD Lina Hernandez
12319 Wynnfield Lake Drive Jacksonville, FL 32246 United States
Service Report

	Account	Wynnfield Lakes CDD		
Work Order	00852448	Contact	Lina Hernandez	
Work Order Number	00852448	Address	12319 Wynnfield Lake Drive Jacksonville, FL 32246 United States	
Created Date	8/19/2025			

Work Details
Specialist Comments to Customer

Today pond 1 was treated for algae and the alligator weeds in the pond. Ponds 3 and 4 both had probiotics added in the water at this time of service. Ponds 2, 4, and 6 were treated for the shoreline grasses in the water at this time.
Ponds 5 and the lake front was inspected at this time of service.

Prepared By

Kolyn Sikes

Work Order Assets			
Asset	Status	Product Work Type			
Lake	1	Inspected		
Lake	6	Inspected		
Lake	5	Inspected		
Lake-ALL	Inspected		
Lake Front	Inspected		
Lake	2	Inspected		
Lake	4	Inspected		
Lake 3	Inspected		

Service Parameters
Asset Lake-ALL
Product Work Type TEMP
Specialist Comments to Customer
Lake-ALL Lake-ALL	pH DO		
			
Lake-ALL	TRASH / DEBRIS COLLECTION (IN HOUSE)		
Lake-ALL	SHORELINE WEED CONTROL		
Lake-ALL	MONITORING		
Lake-ALL	LAKE WEED CONTROL		
Lake-ALL	ALGAE CONTROL		
Lake Front	TEMP		
Lake Front
Lake Front	pH
DO		
Lake Front Lake Front	TRASH / DEBRIS COLLECTION (IN HOUSE) SHORELINE WEED CONTROL		
Service Report

Work Order
Work Order Number
Created Date Lake Front Lake Front Lake Front Lake 6
Lake 6
Lake 6
Lake 6
Lake 6
Lake 6
Lake 6
Lake 6
Lake 5
Lake 5
Lake 5
Lake 5
Lake 5
Lake 5
Lake 5
Lake 5
Lake 4
Lake 4
Lake 4
Lake 4
Lake 4
Lake 4
Lake 4
Lake 4
Lake 3
Lake 3
Lake 3
Lake 3
Lake 3
Lake 3
Lake 3

00852448
00852448

8/19/2025
MONITORING
LAKE WEED CONTROL ALGAE CONTROL TEMP
pH DO
TRASH / DEBRIS COLLECTION (IN HOUSE) SHORELINE WEED CONTROL MONITORING
LAKE WEED CONTROL ALGAE CONTROL TEMP
pH DO
TRASH / DEBRIS COLLECTION (IN HOUSE) SHORELINE WEED CONTROL MONITORING
LAKE WEED CONTROL ALGAE CONTROL TEMP
pH DO
TRASH / DEBRIS COLLECTION (IN HOUSE) SHORELINE WEED CONTROL MONITORING
LAKE WEED CONTROL ALGAE CONTROL TEMP
pH DO
TRASH / DEBRIS COLLECTION (IN HOUSE) SHORELINE WEED CONTROL MONITORING
LAKE WEED CONTROL
Account Contact Address
Wynnfield Lakes CDD Lina Hernandez
12319 Wynnfield Lake Drive Jacksonville, FL 32246 United States

Work Order
Work Order Number
Created Date

00852448
00852448

8/19/2025
Account Contact Address
Wynnfield Lakes CDD Lina Hernandez
12319 Wynnfield Lake Drive Jacksonville, FL 32246 United States

Regular Services Overview
  All regular services and cleaning performed as outlined in the contract.
 Fitness Center: Cleaned ﬁve (5) days per week.   Restrooms: Cleaned three (3) times per week.  Trash Collection:
  Trash is collected regularly around the Amenity Center and other CDD grounds.  Collection along Kernan Boulevard occurs on a weekly basis.
  Pool Service: Maintained regularly and kept in compliance with health and safety code requirements

Pool Monitoring Update
  The pool monitor season ended on September 1. Throughout the season, monitors provided coverage on Saturdays, Sundays, and holidays. No incidents were reported.

Fitness Center Update
  Southeast Fitness maintains the ﬁtness center on a quarterly basis.
  During their most recent visit on August 21, they completed their regular maintenance and also repaired the leg curl roller seat pulley on the same day, saving us travel fees.

Christmas Lights
  MosquitoNix proposal for this year’s holiday decorations. The scope includes: Wrapping 9 palm trees & installing lit garland on the front sign. The total cost for this installation is $3,400.

11598 Wynnﬁeld Lakes Circle – Sinkhole on Bank
 On September 2nd, new resident at 11598 Wynnﬁeld Lakes Circle reported a sinkhole behind his home. I forwarded this information to Daniel and met with Kyle on-site the same week. This issue will be included in the engineer report.
Wynnfield Lakes Foam Party

The Wynnfield Lakes Foam Party was held on August 30 and was a great event. Kids of all ages enjoyed playing, dancing, throwing foam, and lounging in the bubbles. A balloon artist added to the fun by creating a variety of designs including animals, flowers, hats, swords, and more. Residents also enjoyed pizza and refreshments provided by the CDD.

Upcoming Events at Wynnfield Lakes

WYNNFIELD  LAKES

J

OCTOBER 18
11AM-2PM
BOUNCE HOUSE I OBSTACLE COURSE INFLATABLE AXE THROWING I BALLOON ARTIST FACE PAINTING I COSTUME CONTEST
MUSIC I CRAFfS I FOOD TRUCK
ATTH	MENITY C NTEH

2.

September 08, 2025	WORK ORDER #146952

PROPOSAL FOR WYNNFIELD LAKES WYNNFIELD LAKES CDD WYNNFIELD LAKES
12319 WYNNFIELD LAKES DRIVE JACKSONVILLE, FL 32246
DESCRIPTION OF WORK TO BE PERFORMED
Sod Replacement September 2025

Removal, prep grade and installation of St. Augustine Floratam sod in areas that have declined due to environmental conditions. These areas include, lake bank on the west side of pool area (2 pallets), the berm area to the north and south of entrance along Kernan Blvd.

Areas will be removed, prep/grade completed and new sod installed. All irrigation adjustments are included in this proposal. All debris to be cleaned up and removed from site.

SALE:	$6,950.00
TOTAL:	$6,950.00

By	nysigna	By	ersignat

ANDREW K BALTZ

Date	September 08, 2025	Date
uredate

BLAND LANDSCAPING COMPANY, INC.
WYNNFIELD LAKES CDD

Bland Landscaping Company, Inc. • P.O. Box 727 • Apex NC 27502	Page 1 of 1

3.
MosquitoNix - Wynnfield Lakes

	•	Wrap 9 Palm Trees-
	•	Lit Garland and Wreath and Bow on Front entrance Sign-$3400

NINTH ORDER OF BUSINESS

A.

Wynnfield Lakes	
Community Development District	

Unaudited Financial Reporting	
July 31, 2025	
Table of Contents

1		Balance Sheet				

2-3	
	General Fund				

4	
	Capital Reserve Fund				

5	
	Debt Service Fund Series 2014				

6	
	Capital Projct Fund 2025				

7-8	
	Month to Month				

9	
	Long Term Debt Report				

10	
	Assessment Receipt Schedule				
Wynnfield Lakes					
Community Development District					
Combined Balance Sheet					
July 31, 2025					
General	Debt Service	Capital Reserve	Capital Project	Totals	
Fund	Fund	Fund	Fund	Governmental Funds	

	$	4,832	$	-	$	449	$	-	$	5,281	
Due from Capital Project Fund	7,141	-	-	-	7,141	

Total Assets	$	539,367	$	383,622	$	244,496	$	-	$	1,167,485			
Liabilities:								
Accounts Payable	$	19,082	$	-		$	-		$	-	$	19,082	
Due to General Fund	-		-		-	7,141	7,141	

Total Liabilites	$	19,082	$	-	$	-	$	7,141	$	26,223	

Total Fund Balances	$	520,285	$	383,622	$	244,496	$	(7,141)	$	1,141,262	

Total Liabilities & Fund Balance	$	539,367	$	383,622	$	244,496	$	-	$	1,167,485	
Wynnfield Lakes				
Community Development District				
General Fund				
Statement of Revenues, Expenditures, and Changes in Fund Balance				
For The Period Ending July 31, 2025				

Adopted	Prorated Budget	Actual	
Budget	Thru 07/31/25	Thru 07/31/25	Variance	

Total Revenues	$	671,082	$	669,082	$	692,798	$	23,715	
Expenditures:					
General & Administrative:					
Supervisor Fees	$	6,000	$	6,000	$	4,800	$	1,200	
PR-FICA	459	459	367	92	
Engineering	10,500	10,500	39,018	(28,518)	
Attorney	20,000	16,667	24,391	(7,725)	
Annual Audit	3,300	3,300	3,300	-	
Assessment Administration	5,408	5,408	5,408	(1)	
Arbitrage Rebate	600	600	600	-	
Dissemination Agent	1,190	991	992	(0)	
Trustee Fees	4,800	4,800	-	4,800	
Management Fees	53,810	44,842	44,842	0	
Information Technology	1,600	1,333	1,333	0	
Website Maintenance	800	667	667	(0)	
Travel & Per Diem	250	208	-	208	
Telephone	300	250	170	80	
Postage & Delivery	100	83	-	83	
Meeting Room	1,500	1,250	1,250	-	
Insurance General Liability	9,635	9,635	8,965	670	
Printing & Binding	750	625	519	106	
Legal Advertising	1,000	833	873	(39)	
Other Current Charges	1,000	833	497	337	
Office Supplies	150	125	-	125	
Dues, Licenses & Subscriptions	175	175	175	-	
Total General & Administrative	$	123,326	$	109,585	$	138,167	$	(28,582)	
Operations & Maintenance

Subtotal Field Expenditures	$	263,751	$	222,849	$	203,575	$	19,274	
Wynnfield Lakes					
Community Development District					
General Fund					
Statement of Revenues, Expenditures, and Changes in Fund Balance					
For The Period Ending July 31, 2025					

Adopted	Prorated Budget	Actual	
Budget	Thru 07/31/25	Thru 07/31/25	Variance	

Subtotal Amenity Expenditures	$	209,005	$	173,990	$	171,577	$	2,412	

Total Operations & Maintenance	$	472,756	$	396,839	$	375,153	$	21,686	
					
Total Expenditures	$	596,082	$	506,423	$	513,319	$	(6,896)	

Excess (Deficiency) of Revenues over Expenditur	$	75,000	$	162,659	$	179,478	$	16,819	
Other Financing Sources/(Uses):

Interfund Transfer In/(Out)	$	25,000	$	25,000	$	34,975	$	9,975	
Capital Reserve Funding - Transfer Out	(100,000)	(100,000)	(100,000)	-	
Total Other Financing Sources/(Uses)	$	(75,000)	$	(75,000)	$	(65,025)	$	9,975	
					
Net Change in Fund Balance	$	-	$	87,659	$	114,453	$	26,794	
					
Fund Balance - Beginning	$	-		$	405,832		
					
Fund Balance - Ending	$	-		$	520,285		
Wynnfield Lakes
Community Development District Capital Reserve Fund
Statement of Revenues, Expenditures, and Changes in Fund Balance
For The Period Ending July 31, 2025

	Adopted	Prorated Budget	Actual		
	Budget	Thru 07/31/25	Thru 07/31/25	Variance	
Revenues					
Interest	$	11,115	$	9,263	$	8,339	$	(923)	
Total Revenues	$	11,115	$	9,263	$	8,339	$	(923)	
Expenditures:					
Entry Sign	$	20,420	$	20,420	$	-	$	20,420	
Exterior Wall Lights	3,781	3,781	-	3,781	
Office Furniture & Equipment	4,538	4,538	-	4,538	
Parking Lot Paver Maintenance	4,538	4,538	-	4,538	
Pendent Lights at Open Deck Area	8,471	8,471	-	8,471	
Pickle Ball Court Resurfacing	6,655	6,655	-	6,655	
Security Camera System	10,891	10,891	-	10,891	
Holiday Lights	-	-	12,550	(12,550)	
Pool Furniture	-	-	10,292	(10,292)	
Other Current Charges	600	500	621	(121)	
Total Expenditures	$	59,894	$	59,794	$	23,463	$	36,331	
					
Excess (Deficiency) of Revenues over Expenditur	$	(48,779)	$	(50,532)	$	(15,124)	$	35,407	
Other Financing Sources/(Uses)					
Capital Reserve Funding - Transfer In	$	100,000	$	100,000	$	100,000	$	-	
Total Other Financing Sources (Uses)	$	100,000	$	100,000	$	100,000	$	-	
					
Net Change in Fund Balance	$	51,221	$	49,469	$	84,876	$	35,407	
					
Fund Balance - Beginning	$	207,099		$	159,620		
					
Fund Balance - Ending	$	258,320		$	244,496		
Wynnfield Lakes					
Community Development District					
Debt Service Fund Series 2014					
Statement of Revenues, Expenditures, and Changes in Fund Balance					
For The Period Ending July 31, 2025					

Adopted	Prorated Budget	Actual	
Budget	Thru 07/31/25	Thru 07/31/25	Variance	

Total Revenues	$	527,898	$	526,231	$	540,111	$	13,880	
Expenditures:					
Interest - 11/1	$	103,663	$	103,663	$	103,663	$	-	
Interest - 5/1	103,663	103,663	103,663	-	
Principal - 5/1	310,000	310,000	310,000	-	
Total Expenditures	$	517,325	$	517,325	$	517,325	$	-	

Excess (Deficiency) of Revenues over Expenditur	$	10,573	$	8,906	$	22,786	$	13,880	

Other Financing Sources/(Uses):

$	(25,000)	$

(34,975)	$

(9,975)

Total Other Financing Sources/(Uses)	$	(25,000)	$	(25,000)	$	(34,975)	$	(9,975)	
		
Net Change in Fund Balance	$	(14,427)	$	(16,094)	$	(12,189)	$	3,905	
		
Fund Balance - Beginning	$	131,724	$	395,811	
		
Fund Balance - Ending	$	117,297	$	383,622	
Wynnfield Lakes		
Community Development District		
Capital Project Fund Series 2025		
Statement of Revenues, Expenditures, and Changes in Fund Balance		
For The Period Ending July 31, 2025		

Adopted	Prorated Budget	Actual	
Budget	Thru 07/31/25	Thru 07/31/25	Variance	

Total Revenues	$	-	$	-	$	-	$	-	
Expenditures:					
Capital Outlay	$	-	$	-	$	7,141	$	(7,141)	
Total Expenditures	$	-	$	-	$	7,141	$	(7,141)	

Excess (Deficiency) of Revenues over Expenditur	$	-	$	-	$	(7,141)	$	(7,141)	
Other Financing Sources/(Uses):
$	-	$	-	$	-

Total Other Financing Sources/(Uses)	$	-	$	-	$	-	$	-	
		
Net Change in Fund Balance	$	-	$	-	$	(7,141)	$	(7,141)	
		
Fund Balance - Beginning	$	-	$	-	
		
Fund Balance - Ending	$	-	$	(7,141)	
Wynnfield Lakes		
Community Development District		
Month to Month		

Oct	Nov	Dec	Jan	Feb	March	April	May	June	July	Aug	Sept	Total	

Revenues:														
Special Assessments - Tax Roll	$	-	$  163,357	$  468,462	$	10,447	$	7,761	$	4,701	$	2,883	$	-	$	3,250	$	-	$	-	$	-	$  660,861	
Interest Income	1,659	1,471	1,356	2,554	2,737	2,405	2,550	2,306	2,198	1,981	-	-	21,217	
Clubhouse and other Income	-	225	66	100	2,874	55	375	1,226	249	5,550	-	-	10,720	

Total Revenues	$	1,659	$ 165,052	$ 469,884	$  13,101	$  13,371	$	7,162	$	5,808	$	3,532	$	5,697	$	7,531	$	-	$	-	$ 692,798	
Expenditures:														
General & Administrative:														
Supervisor Fees	$	-	$	1,000	$	-	$	1,000	$	-	$	800	$	-	$	1,000	$	-	$	1,000	$	-	$	-	$	4,800	
PR-FICA	-	77	-	77	-	61	-	77	-	77	-	-	367	
Engineering	1,355	8,237	685	7,687	4,526	3,676	1,318	-	4,453	7,083	-	-	39,018	
Attorney	1,630	3,038	344	3,407	789	4,408	729	3,659	1,642	4,746	-	-	24,391	
Annual Audit	-	-	-	3,300	-	-	-	-	-	-	-	-	3,300	
Assessment Administration	5,408	-	-	-	-	-	-	-	-	-	-	-	5,408	
Arbitrage Rebate	-	-	-	-	-	-	-	-	-	600	-	-	600	
Dissemination Agent	99	99	99	99	99	99	99	99	99	99	-	-	992	
Trustee Fees	-	-	-	-	-	-	-	-	-	-	-	-	-	
Management Fees	4,484	4,484	4,484	4,484	4,484	4,484	4,484	4,484	4,484	4,484	-	-	44,842	
Information Technology	133	133	133	133	133	133	133	133	133	133	-	-	1,333	
Website Maintenance	67	67	67	67	67	67	67	67	67	67	-	-	667	
Travel & Per Diem	-	-	-	-	-	-	-	-	-	-	-	-	-	
Telephone	6	27	7	-	-	15	5	100	-	9	-	-	170	
Postage & Delivery	-	-	-	-	-	-	-	-	-	-	-	-	-	
Meeting Room	-	250	-	250	-	250	-	250	-	250	-	-	1,250	
Insurance General Liability	8,965	-	-	-	-	-	-	-	-	-	-	-	8,965	
Printing & Binding	32	43	71	1	19	48	57	12	223	14	-	-	519	
Legal Advertising	-	-	-	-	-	-	265	-	268	340	-	-	873	
Other Current Charges	18	48	62	-	62	138	-	71	51	47	-	-	497	
Office Supplies	-	-	-	-	-	-	-	-	-	-	-	-	-	
Dues, Licenses & Subscriptions	175	-	-	-	-	-	-	-	-	-	-	-	175	
Total General & Administrative	$  22,371	$  17,504	$	5,952	$  20,504	$  10,179	$  14,179	$	7,157	$	9,952	$  11,420	$  18,948	$	-	$	-	$ 138,167	
Wynnfield Lakes														
Community Development District														
Month to Month														

Oct	Nov	Dec	Jan	Feb	March	April	May	June	July	Aug	Sept	Total	
Operations & Maintenance

Field Expenditures														
Property Insurance (FIA)	$	16,128	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	16,128	
Utilities - Irrigation (JEA)	288	841	846	672	855	837	1,054	1,006	1,291	1,552	-	-	9,241	
Field Operations Management (Vesta Propert	2,392	2,392	2,392	2,392	2,392	2,392	2,392	2,392	2,392	2,392	-	-	23,917	
Security Service/Monitoring (Fidelity Securit	6,480	5,009	5,225	5,233	5,192	5,184	5,184	7,884	5,184	5,076	-	-	55,650	
Landscape Maintenance (Bland)	5,720	5,720	5,720	5,720	5,720	5,720	5,720	5,720	5,720	5,721	-	-	57,203	
Landscape Contingency	112	112	112	112	112	112	2,512	112	112	5,862	-	-	9,270	
Lake Maintenance (Solitude)	772	772	772	772	772	772	772	772	772	772	-	-	7,720	
Irrigation Maintenance (Bland)	-	1,581	1,674	-	-	1,318	-	-	1,284	472	-	-	6,329	
Repairs & Replacements	-	92	-	-	540	-	373	-	-	-	-	-	1,005	
Refuse Service (Waste Management)	233	233	233	233	238	237	291	290	289	291	-	-	2,569	
Stormwater User Fees	-	-	-	-	-	-	-	-	-	-	-	-	-	
Animal Control	1,145	1,545	1,245	1,245	1,245	1,845	1,200	1,819	1,245	1,290	-	-	13,824	
Contingency	-	-	-	-	-	629	-	-	-	90	-	-	719	
Subtotal Field Expenditures	$  33,270	$  18,297	$  18,219	$  16,378	$  17,066	$  19,045	$  19,498	$  19,995	$  18,289	$  23,518	$	-	$	-	$ 203,575	

Amenity Expenditures														
Amenity Center Management (Vesta Property	$	6,744	$	6,744	$	6,744	$	6,744	$	6,744	$	6,744	$	6,744	$	6,744	$	6,744	$	6,744	$	-	$	-	$	67,438	
Facility Attendants (Vesta Property)	1,021	1,021	1,021	1,021	1,021	1,021	1,021	1,021	1,021	1,021	-	-	10,208	
General Facility Maintenance (Vesta Property	1,562	1,562	1,562	1,562	1,562	1,562	1,562	1,562	1,562	1,562	-	-	15,617	
Utilities - Electric (JEA)	910	954	846	1,083	920	1,031	1,062	1,053	1,128	1,102	-	-	10,089	
Utilities - Water & Sewer (JEA)	435	393	342	257	240	316	615	533	476	509	-	-	4,116	
Telephone/Internet & Cable (Comcast)	441	442	442	478	478	478	486	598	598	598	-	-	5,037	
Repairs & Replacements	554	299	1,273	1,246	2,851	1,266	1,570	547	479	367	-	-	10,452	
Fitness Equipment Maintenance	-	-	-	-	340	-	-	643	-	340	-	-	1,323	
Fitness Center Supplies	-	-	-	-	-	-	105	-	-	-	-	-	105	
Pool Maintenance (Vesta Property)	1,252	1,252	1,252	1,252	1,252	1,252	1,252	1,252	1,252	1,252	-	-	12,518	
Pool Chemicals (PoolSure)	736	736	736	824	824	824	1,391	1,374	1,374	1,374	-	-	10,194	
Janitorial Service/Supplies (Vesta Property)	789	789	789	789	789	789	789	789	789	789	-	-	7,892	
Office Supplies / Mailings / Printings	-	106	61	33	22	32	106	10	58	116	-	-	542	
Operating Supplies	-	221	45	180	348	537	409	335	318	1,318	-	-	3,711	
Permit Fees	-	-	446	776	-	-	-	-	525	-	-	-	1,747	
Special Events	2,281	1,040	519	432	143	108	1,797	400	270	-	-	-	6,989	
Recreation Passes	-	-	-	-	-	-	200	-	-	-	-	-	200	
Holiday Lighting	-	-	-	-	3,400	-	-	-	-	-	-	-	3,400	

Subtotal Amenity Expenditures	$  16,725	$  15,557	$  16,076	$  16,676	$  20,933	$  15,959	$  19,108	$  16,859	$  16,593	$  17,091	$	-	$	-	$ 171,577	

Total Operations & Maintenance	$  49,995	$  33,854	$  34,295	$  33,054	$  37,999	$  35,004	$  38,606	$  36,854	$  34,881	$  40,609	$	-	$	-	$ 375,153	

Total Expenditures	$  72,366	$  51,358	$  40,246	$  53,559	$  48,178	$  49,184	$  45,763	$  46,806	$  46,302	$  59,558	$	-	$	-	$ 513,319	

Excess (Deficiency) of Revenues over Expe	$  (70,708)	$  113,695	$  429,638	$  (40,457)	$  (34,807)	$  (42,022)	$  (39,955)	$  (43,274)	$  (40,605)	$  (52,027)	$	-	$	-	$  179,478	
Other Financing Sources/Uses:

Interfund Transfer In/(Out)	$	-	$	-	$	-	$	-	$	34,975	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	34,975	
Capital Reserve Funding - Transfer Out	-	-	(100,000)	-	-	-	-	-	-	-	-	-	(100,000)	
Total Other Financing Sources/Uses	$	-	$	-	$ (100,000)	$	-	$  34,975	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$ (65,025)	

Net Change in Fund Balance	$ (70,708)	$ 113,695	$ 329,638	$ (40,457)	$	168	$ (42,022)	$ (39,955)	$ (43,274)	$ (40,605)	$ (52,027)	$	-	$	-	$ 114,453	
Wynnfield Lakes														
Community Development District														
Long Term Debt Report														

Series 2014, Special Assessment Bonds

Original Bond	$7,490,000			
Maturity Date:		5/1/2036	
Reserve Fund Definition		50% of Maximum Annual Debt Service	
Reserve Fund Requirement		261,384	
Reserve Fund Balance		261,384	

Interest Rate:	
1.00%-3.500%	
$2,375,000	
Maturity Date:	5/1/2023		
Interest Rate:	3.625%	$305,000	
Maturity Date:	5/1/2024		
Interest Rate:	3.750%	$315,000	
Maturity Date:	5/1/2025		
Interest Rate:	4.000%	$325,000	
Maturity Date:	5/1/2026		
Interest Rate:	4.25%	$1,450,000	
Maturity Date:	5/1/2030		
Interest Rate:	4.500%	$2,720,000	
Maturity Date:	5/1/2036		
Bonds Outstanding -		$7,490,000	
Less: Principal Payment - 5/1/15		($245,000)	
Less: Principal Payment - 5/1/16		($250,000)	
Less: Principal Payment - 5/1/17		($250,000)	
Less: Special Call Payment - 11/1/17		($5,000)	
Less: Principal Payment - 5/1/18		($255,000)	
Less: Special Call Payment - 5/1/18		($10,000)	
Less: Special Call Payment - 11/1/18		($5,000)	
Less: Principal Payment - 5/1/19		($260,000)	
Less: Special Call Payment - 5/1/19		($20,000)	
Less: Special Call Payment - 11/1/19		($5,000)	
Less: Principal Payment - 5/1/20		($265,000)	
Less: Special Call Payment - 5/1/20		($5,000)	
Less: Principal Payment - 11/1/20		($5,000)	
Less: Principal Payment - 5/1/21		($270,000)	
Less: Principal Payment - 5/1/22		($275,000)	
Less: Principal Payment - 5/1/23		($290,000)	
Less: Principal Payment - 5/1/24		($300,000)	
Less: Principal Payment - 5/1/25		($310,000)	
Current Bonds Outstanding		$4,465,000	

Page 9

B.
Wynnfield Lakes
COMMUNITY DEVELOPMENT DISTRICT
Special Assessment Receipts -Duval County Fiscal Year 2025

Gross Assessments	$	712,523.52	$	559,884.96	$  1,272,408.48	
Net Assessments	$	659,084.26	$	517,893.59	$  1,176,977.84	
ON ROLL ASSESSMENTS
allocation in %	56.00%	44.00%	100.00%

Date	
Distribution	
Gross Amount	Discoumt/
(Penalty)	
Commission	Property
Appraiser	
Net Receipts	O&M Portion	2014
Debt Service	
Total	

11/06/24	
10/15-10/31/24	
$	3,925.94	
$	207.44	
$	75.48	
$	54.67	
$	3,588.35	
$	2,009.40	
$	1,578.95	
$	3,588.35	
11/15/24	11/01-11/10/24	216,413.85	8,656.65	4,217.48	3,054.02	200,485.70	112,268.02	88,217.68	200,485.70	
11/22/24	11/11-11/17/24	44,981.40	1,799.28	876.59	634.80	41,670.73	23,334.78	18,335.95	41,670.73	
11/29/24	11/18-11/24/24	49,626.57	1,985.09	967.12	700.33	45,974.03	25,744.55	20,229.48	45,974.03	
12/05/24	11/25-12/04/24	84,540.32	3,269.56	1,625.42	1,219.06	78,426.28	43,917.16	34,509.12	78,426.28	
12/10/24	11/25-12/04/24	812,623.72	32,617.49	15,600.12	11,700.09	752,706.02	421,500.45	331,205.57	752,706.02	
12/19/25	12/05-12/15/24	5,838.42	204.35	114.37	82.82	5,436.88	3,044.54	2,392.34	5,436.88	
01/07/25	12/16-12/31/24	19,931.11	597.95	392.46	284.20	18,656.50	10,447.27	8,209.23	18,656.50	
02/06/25	01/16-01/31/25	8,757.63	175.17	174.23	126.16	8,282.07	4,637.79	3,644.28	8,282.07	
02/21/25	02/01-02/18/25	5,838.42	58.38	117.33	84.97	5,577.74	3,123.42	2,454.32	5,577.74	
03/06/25	02/19-02/28/25	5,838.42	58.38	117.33	84.97	5,577.74	3,123.42	2,454.32	5,577.74	
03/19/25	03/01-03/15/25	2,919.21	-	59.26	42.91	2,817.04	1,577.49	1,239.55	2,817.04	
04/03/25	03-17-03/31/25	5,335.05	-	108.31	78.42	5,148.32	2,882.96	2,265.36	5,148.32	
06/27/25	06/01-06/22/25	5,838.42	(175.16)	122.07	88.40	5,803.11	3,249.63	2,553.48	5,803.11	
	TOTAL	$  1,272,408.48	$	49,454.58	$	24,567.57	$	18,235.82	$  1,180,150.51	$	660,860.88	$	519,289.63	$  1,180,150.51	

Page 10

C.

Wynnfield Lakes	
COMMUNITY DEVELOPMENT DISTRICT	

Check Register

GENERAL FUND

7/1 - 7/31/25	4975-4997	$54,617.89	

Subtotal	$54,617.89	

7/1 - 7/31/25	80001	$1,201.49	

Subtotal	$1,201.49	

TOTAL Checks and ACH's	$55,819.38	

CAPITAL RESERVE FUND

7/1 - 7/31/25	n/a	

TOTAL	$0.00	
AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	8/06/25	PAGE	1
*** CHECK DATES 07/01/2025 - 07/31/2025 ***	WYNNFIELD LAKES - GENERAL FUND
BANK A WYNNFIELD - GENERAL
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#
7/14/25 00264	7/01/25 325999	202507 320-53800-46100	*	5,721.00
JUL 25 - LANDSCAPING SVC
BLAND LANDSCAPING CO. INC	5,721.00 004975
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
7/14/25 00029	6/26/25 84957412 202507 320-57200-41000	*	597.72
TV/INTERNET 7/4-8/3/25
COMCAST (AUTO PAY)	597.72 004976
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
7/14/25 00032	6/26/25 25-03481 202506 310-51300-48000	*	233.00
NOTICE OF FY26 BUDGET
DAILY RECORD + OBSERVER LLC	233.00 004977
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
7/14/25 00237	6/16/25 25-282	202506 320-53800-34500	*	1,296.00
SECURITY 6/07/25
6/16/25 25-282	202506 320-53800-34500	*	1,296.00
SECURITY 6/14/25
6/30/25 25-309	202506 320-53800-34500	*	1,296.00
SECURITY 6/21/25
6/30/25 25-309	202506 320-53800-34500	*	1,296.00
SECURITY 6/28/25
FIDELITY SECURITY OPERATIONS	5,184.00 004978
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
7/14/25 00196	6/19/25 79125927 202506 320-53800-46802	*	45.00
PEST CONTROL 6/19/25
7/03/25 80441937 202507 320-53800-46802	*	45.00
PEST CONTROL 7/03/25
FLORIDA PEST
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
574	202507 310-51300-34000
JUL 25 - MANAGEMENT FEES
574	202507 310-51300-35100
JUL 25 - IT
574	202507 310-51300-49500
JUL 25 - WEBSITE ADMIN
574	202507 310-51300-31600
JUL 25 - DISSEMINATION
574	202507 310-51300-42500
JUL 25 - COPIES
574	202507 310-51300-41000
JUL 25 - TELEPHONE
GOVERNMENTAL MANAGEMENT SERVICES	4,806.25 004980
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
7/14/25 00012	6/24/25 25236787 202506 320-53800-43001	*	1,291.06
IRRIG 5/21-6/22/25
6/24/25 25236787 202506 320-57200-43100	*	1,127.91
ELECTRIC 5/22-6/23/25
WYNN --WYNNFIELD -- TCESSNA
AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	8/06/25	PAGE	2
*** CHECK DATES 07/01/2025 - 07/31/2025 ***	WYNNFIELD LAKES - GENERAL FUND
BANK A WYNNFIELD - GENERAL
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...	VENDOR NAME	STATUS	AMOUNT	....CHECK.....

JUL 25 - CHEMICALS
1,373.94

JUL 25- FIELD MGMT
427279	202507 320-57200-34300
JUL 25- AMENITY MGMT
427279	202507 320-57200-46700
JUL 25- FACILITY ATT
427279	202507 320-57200-46600
JUL 25- GEN FACILITY MAIN 427279	202507 320-57200-46200
JUL 25- POOL MAINT
427279	202507 320-57200-34200	*	789.17
JUL 25- JANITORIAL
VESTA PROPERTY SERVICES, INC	13,758.92 004986
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
7/14/25 00263	6/27/25 9744959- 202507 320-53800-43300	*	291.38
WASTE 7/1-7/31/25
WM CORPORATE SERVICES INC (AUTOPAY)	291.38 004987
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
7/21/25 00258	8/09/25 08092025 202508 320-57200-49400	*	700.00
METRO FOAM EVENT 8/9/25
CHILDREN'S MINISTRY INTERNATIONAL	700.00 004988
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
7/28/25 00264	6/30/25 326145	202506 320-53800-46102	*	5,750.00
CANOPY LIFT ELEV OAK TREE
BLAND LANDSCAPING CO. INC	5,750.00 004989
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
WYNN --WYNNFIELD -- TCESSNA
AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	8/06/25	PAGE	3
*** CHECK DATES 07/01/2025 - 07/31/2025 ***	WYNNFIELD LAKES - GENERAL FUND
BANK A WYNNFIELD - GENERAL
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#
7/28/25 00184	7/23/25 24874	202507 320-53800-49000	*	90.00
BACKFLOW TEST
BOB'S BACKFLOW & PLUMBING SERVICES	90.00 004990
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
7/28/25 00237	7/14/25 25-332	202507 320-53800-34500	*	2,484.00
SECURITY 7/4-7/12/25
FIDELITY SECURITY OPERATIONS	2,484.00 004991
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
7/28/25 00192	7/25/25 180-0725 202507 320-53800-46802	*	1,200.00
JULL 25- GOOSE CONTR
GOOSE MASTERS OF NORTHEAST FLORIDA	1,200.00 004992
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
7/28/25 00222	7/14/25 12760	202506 310-51300-31500	*	1,641.75
JUN 25- GENERAL
KVW KILINSKI, VAN WYK, PLLC	1,641.75 004993
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
7/28/25 00255	6/10/25 193389	202505 310-51300-31100	*	4,453.12
ENGINEER THRU 5/31/25
MATTHEWS DCCM	4,453.12 004994
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
7/28/25 00228	8/01/25 13129563 202508 320-57200-46201	*	1,373.94
AUG 25- CHEMICALS
POOLSURE	1,373.94 004995
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
7/28/25 00036	7/25/25 UC21141	202507 310-51300-60100	*	250.00
MEETING ROOM 7/23/25
UNIVERSITY OF NORTH FLORIDA	250.00 004996
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
7/31/25 00227	7/30/25 3447	202508 320-57200-49400	*	500.00
BALOON ENTERT 8/9/25
TWIST OF FUN BALLOON ART	500.00 004997
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
TOTAL FOR BANK A	54,617.89

WYNN --WYNNFIELD -- TCESSNA

Fost  r!Lake
Phone: Fax:
Billing Inquiry:
919-387-0010
919-387-0690

P.O. Box727 Apex, NC 27502
& Pond Management
arumfelt@blandlandscaping.com

INVOICE	TERMS	
07/01/2025	NET30	
DESCRIPTION	PRICE	
JULY BILLING
Grounds Maintenance Contract	$5,721.00	
INVOICE GRAND TOTAL	$5,721.00	

PROPERTY
10949
AMOUNT
$5,721.00

Remit to:
Bland Landscaping Co. Inc.
P.O. Box727 Apex, NC 27502
INVOICE
325999
INVOICE DATE
07/01/2025
ft
FosteTLake
& Pond Management
COMCAST
BUSINESS

Account Number
8495 74120 1711060

Billing Date
Jun 26, 2025

Services From	Page
Jul 04, 2025 to Aug 03, 2025	1 of 4

Your automatic payment on Jul 17, 2025, will include your amount due, plus or minus any payment related activities or adjustments, and less any credits issued before your bill due date.
Need help?
Visit business.comcast.com/help or see page 2 for other ways to contact us.

Detach the bottom portion of this bill and enclose with your payment	Please write your account number on your check or money order

Do not include correspondence with payment
COMCAST
BUSINESS
1401 NORTHPOINT PKWY W PALM BCH FL 33407-1937

Account number Automatic payment
Please pay

8495 74 120 1711060
Jul 17, 2025
$597.72

WYNNEFIELD LAKES COD ATTN JACKIE COMPTON 5385 N NOB HILL RD SUNRISE, FL 33351-4761
Electronic payment will be applied Jul 17, 2025

COMCAST PO BOX71211
CHARLOTTE NC 28272-1211

84957412□1711□6□□□597724
Account Number
8495 74120 1711060
Billing Date
Jun 26, 2025
Services From	Page
Jul 04, 2025 to Aug 03, 2025	2 of 4

	

Buskioss ts ahvnys..fn(.)vinq, Our
,.ipp wmi bwH for Hii?,. M,.1rn:,qe your
,Kcourn nnytirnc. ,myv1iK1r<1 wim tli,J Coincnst BuswH:Js1; i--\PP fr1r:: nasy VliJY tr,.,lliJric:)9(? your ?tnrvic(iS on thG.go.
fviru;agv? }'Otir .occount tk?triHs
	•	Pdy your bm and_ custpinizc,
biHing options
	•	Viev; uptonun9 dppoln!nHmb
Scan the QR Code with your phone or mobile cfovice to get started.

Visit us online
Get ht?!p and support at
business,comcast,com/help

Call us anytime
800-391-3000
OpQn 24 ho?n s. 7 ,;lays a w0ok for billing
<:1nci technical support

No more mailing monthly checks Set up Auto P,iy to sovu tlmG, icnmrqy and stainp?>? It's o<;sy to c:nroH,Just visit business.comcast.com/myaccount

Go paperless and say goodbye to clutter Sign up for P<)pt?rk?$t.-; BW!n9 to vit;\v <Jnd pciy your bf!! oniine. H's fast??!", c:<)?;iot and holp}; cuH? dovvn on ch1Uc::r. \!!:,it business.comcast.com/myaccount
to DE:t st?irtGd.
Corncast Business now offers NEW packages with faster speeds and innovative Voice and security solutions- at a better value.

Call today for a FREE account review
at 877-564?0318.

Moving?
VVc• can l1cip ensuro it's n srnooU1 transition.
Vi\;il business.comcast.com/learn/moving to learn more.

Accessibility:
If you are hearing imp,:iirec!, call 711. For issues affecting customers witll cliso\Jilities. coll 1-855-270-0379.
drnt live at support.xfinity.com/accessibility, Gmail
accessibilitywcomcast.corn. fax. 1-866-599-4268 or write
to Comcast at 1701 JFK Blvd., Philadelpt1ia, PA 19103-2838
/\t\n: M. Gifford.

More ways to pay:
Online
Vhil My /\Ccounl a! business.comcast.com/myaccount

Comcast Business App
Dov1.nk>0d nw? Cotntast f1uslrrr?ss /\PP

In-Store
Visit businoss.comcast.com/servicecenter
to ffnd a storQ near you
COMCAST
USINESS

Account Number
8495 74120 1711060

Billing Date
Jun 26, 2025

Services From	Page
Jul 04, 2025 to Aug 03, 2025	3 of 4

Additional information

The Regulatory Cost Recovery fee is neither government mandated nor a tax, but is assessed by Comcast to recover certain federal, state, and local regulatory costs.
Account Number
8495 74120 1711060
Billing Date
Jun 26, 2025
Services From	Page
Jul 04, 2025 to Aug 03, 2025	4 of 4

Parental Controls: With parental controls, you can choose and manage the programming that is right for your family. Learn more at: business.comcast.com/support/article/tv/x1-parental-contrals­ safe-browse.
Comcast Business Update: Effective August 12, 2025, Cartoon Network will move from Preferred to Sports & Entertainment.
Recent and Upcoming Programming Changes: Information on recent and upcoming programming changes can be found at xfinity.com/ programmingchanges/ or by calling 866-216-8634.
Jacksonville Daily Record
A Division of
DAILY RECORD & OBSERVER, LLC
P.O. Box 2177
Jacksonville, FL 32203
(904) 356-2466
INVOICE		June 26, 2025	
Date

Attn: Courtney Hogge GMS,LLC
475 West Town Place, Ste 114
Saint Augustine	FL	32092

Serial#  25-03481D	PO/File#	$233.00

Payment Due
Notice of Fiscal Year 2026 Budget

Wynnfield Lakes Community Development District

$233.00

Publication Fee

Case Number	Amount Paid

Publication Dates	6/26, 7/3

County	Duval
------------

Payment is due before the Proof of Publication is released.
Payment Due Upon Receipt
For your convenience, you may remit payment online at www.jaxdailyrecord.com/ send-payment.
If your payment is being mailed, please reference Serial # 25-03481D on your check or remittance advice.

Your notice was published on bothjaxdailyrecord.com andfloridapublicnotices.com.
'erms: Net 30 days from date of invoice. Past due items will accrue a finance charge of 1.5% per month thereafter.
Please remit any payment due upon receipt of this invoice.
Preliminary Proof Of Legal Notice
(This is not a proof of publication.)

Please read copy of this advertisement and advise us of any necessary corrections before further publications.

NOTICE OF FISCAL YEAR 2026 BUDGET PUBLIC HEARING FOR WYNNFIELD LAKES COMMUNITY DEVELOPJHENT DISTRICT
The Board of Supervisors ("Board") of the Wmnfield Ltkes Community Deveiopment District ("Dishi.ct") will hold a public hearing on .July 23, 2025 at 6:00 p.m. at University of North Florida, University Cen­ ter 12000 Alunrni Drive, Room 1090, Jacksoini.Ile, Florida., for the purpose of hearing comments and objections on the adoption of the proposed budget ("Proposed Budget") of the District for the fiseal year beginning October I, 2025, and ending September
,30, 2026 ("Fiscal Year 2026").
A reb"Ular board meeting of the District will also be held at that tin1e where the Board mav con­ sider any other business that muy prnperl); come bel?re it. A copy of the agenda and Proposed Budget may be obtained at the offices of the District 1',1anager, 4,75 v-vest Town Place, Suite 114·, World Golf Village, St. Augustine, l'lorida 32092, (904) 940-5850 ("District
l\lanager's Office'"), during nor- 1nal business hours, or by visiting the District's website ttt https:// wynnfieldlakescdd.net/.
The public hearing and meeting are open to the public and will be conductecl in arrorclance with the provisions of Floricl(L law. The public hearing and meeting may be continued to a date, time, and place to be specified on the record at the meeting. There may be occasions when Board Supervisors or District Staff may participate by speaker telephone.
.Any person requiring special accommoclations at this meeting because of a disability or physi­ cal impainnent should contact the District Manager's Office at le,rnt three (:l) business days prior to the meeting. If vou are bearing or speech impah'ed, please con­ tact the Florida Relav Service bv dialing 7-1-1, or 1-800-955-8771 ('l'f\') / 1-800-955-8770 (Voice),
for aid in contacting the District
Managed-? Office.
Each person who decides to appettl any clecision macle by the Board with respect to any matter considered at the public hearing or meeting is aclvised that person will need a record of proceedings and that accordingly, the person nrny need to ensure that a ver­ batim record of the proceedings is macle, including the testimony and eviclence upon which such appeal is to be based.
Daniel Laughlin
District 1\1nriager
Jun. 26, Jul. 3	oo (25-03481D)
INVOICE
Fidelity Security Operations
8081 Philips Hwy Ste 12
Jacksonville, FL 32256

Bill to
Wynnfield Lakes CDD 12319 Wynnfield Lakes Dr Jacksonville, FL 32246

Invoice details
Invoice no.: 25-282
Terms: Net 30
Invoice date: 06/16/2025 Due date: 07/16/2025

admin@FSOFL.com
+1 (904) 770-5111
htlps://fsofl.com/

Ship to
Lina F Hernandez Wynnfield Lakes CDD i23i9 Wynnfield Lakes Dr Jacksonville, FL 32246

#	Date	Product or service	Description	Qty	Rate	Amount	

1.	06/07/2025	Unarmed Officer	
Hours of Guard Service for the Week	
48	
$27.00	
$1,296.00	

2.	06/14/2025	
Unarmed Officer	
Hours of Guard Service for the Week	
48	
$27.00	
$1,296.00	
		
Total			$2,592.00	
Ways to pay

INVOICE
Fidelity Security Operations
8081 Philips Hwy Ste 12
Jacksonville, FL 32256

Bill to
Wynnfield Lakes CDD 12319 Wynnfield Lakes Dr Jacksonville, FL 32246

admin@FSOFL.com
+1 (904) 770-5111
https://fsofl.com/

Ship to
Lina F Hernandez Wynnfield Lakes CDD 12319 Wynnfield Lakes Dr Jacksonville, FL 32246

Invoice details
Invoice no.: 25-309
Terms: Net 30
Invoice date: 06/30/2025 Due date: 07/30/2025

#	Date	Product or service
Description
Qty
Rate
Amount

1.	06/21/2025

2.	06/28/2025
Unarmed Officer

Unarmed Officer
Hours of Guard Service for the Week

Hours of Guard Service for the Week
48	$27.00

48	$27.00
$1,296.00

$1,296.00

Ways to pay
j-V/SA
Total
$2,592.00

?jfl"9.RIDA
PEST CONTROi:
ARentoii;nCompany	PO Box 13848
Reading, PA 19612-3848

PAYMENT REQUESTED FROM:
-	- 
Seq#: 000001
Wynnfield Lakes Cdd
475 W Town Pl Ste 114
St Augustine FL 32092-3649

Invoice
SERVICE INVOICE
Invoice number:
79125927
Due date:
7/19/2025
Total due:
$45.00
Bill To number:
2750388
Invoice date:
6/19/2025

Thank you for trusting FLORIDA PEST CONTROL to protect your business. A summary of your services is listed below along with the total amount due. Pay by phone by calling 904-396-5805

Page 1 of 1
INVOICE DETAILS

PEST CONTROL MAINTENANCE
Wynnfield Lakes Cdd
12319 WYNNFIELD LAKES DR JACKSONVILLE , FL ON 6/19/2025

45.00

Payment Receipt Please Return with Payment Remittance

Amount due: $45.00 Payment due: 7/19/2025 To pay by phone call 904-396-5805,

Customer name:
Wynnfield Lakes Cdd
Bill To number:
2750388
Invoice number:
79125927

?jFtORIDA
PEST'CONTROt
www.flapest.com
Mail this form with payment to: 111•11111111l11•1•1•1111•111•11•111l1•111111111l11111111111111111  FLORIDA PEST CONTROL
PO BOX 740608
CINCINNATI OH 45274-0608

□□275□388□□□□□□□□□□79125927□□□□□45□□2□25□719D□D4
?JF?'9RIDA
PEST CONTROt
	PO Box 13848
Reading, PA 19612-3848

PAYMENT REQUESTED FROM:

Seq#: 000001
Wynnfield Lakes Cdd 475 W Town Pl Ste 114
St Augustine, FL 32092-3649

Invoice
SERVICE INVOICE
Invoice number:
80441937
Due date:
8/2/2025
Total due:
$45.00
Bill To number:
2750388
Invoice date:
7/3/2025

Thank you for trusting FLORIDA PEST CONTROL to protect your business. A summary of your services is listed below along with the total amount due. Pay by phone by calling 904-396-5805

Page 1 of 1
INVOICE DETAILS

PEST CONTROL MAINTENANCE
Wynnfield Lakes Cdd
12319 WYNNFIELD LAKES DR JACKSONVILLE, FL ON 7/3/2025

45.00

SUBTOTAL:	$45.00

TOTAL DUE:	$45.00

	Payment Receipt Please Return with Payment Remittance	 _

Amount due: $45.00
Payment due: 8/2/2025
To pay by phone call 904-396-5805.

Customer name:
Wynnfield Lakes Cdd Bill To number:
2750388
Invoice number;
80441937

JiJfti)RIDA
PEST?CONTROL'.
www.flapest.com
Mail this form with payment to: 111,11•11111l1l•l1l••111•111•11••••11111•1••111h111•1•11•1111111 FLORIDA PEST CONTROL
PO BOX 740608
CINCINNATI OH 45274-0608

002750388000000000080441937000004500202508020004
I
TROt

Client:	2750388
Wynnfield Lakes Cdd 475 WTown Pl Ste 114
St Augustine FL 32092-3649 (954) -72-1-8681
830 JACKSONVILLE SOUTH FL PEST, 5213 Wesconnett
Blvd, PO BOX 740608,
Jacksonville, FL, 32210-7830
904-396-5805
999-999-9999

Summary of Service
Location:	2750388
Wynnfield Lakes Cdd
12319 WYNNFIELD LAKES DR JACKSONVILLE FL, 32246-4241

Time In:  07-03-2025 12:37:08
Time Out: 07-03-2025 12:58:06
Issue : Photo Captured

-- _..  _.---:_,	?·-_-!
	.,._;--. 
--;	--·

07,	03-202!'> 1 2:58:05
With thanks, Russell Phoenix

In case of poisoning call Poison Control Center@1-800-222-1222

License/Certifications:
Service Technician: Russell Phoenix Technician Licences

Supervisor Name: Rhiannon Harloff Supervisor Licences

Order#/ Invoice
80441937
Status
Completed
Service Date
07-03-2025
Service Description	Visit Type
GENERAL PEST CONTROL - SERVICE MAINTENANCE MAINTENANCE

Recommendations
Area/Device	Recommendation	Severity	Status	Date

EXTERIOR	Trees/vegetation touching house/building. Trim to prevent pest entry Low to structure.
PENDING	07-12-2023

EXTERIOR	Pipes extending through wall allowing pest access. Please fill in gaps Low between pipes and wall to prevent pest entry.
PENDING	04-20-2023

Device Summary Type
Inspection Point

With Activity
0

Without Activity
1

Unserviceable
0

Total Inspected
1

Material Application Summary
Material Applied	EPA#	Dilution (%)	Concentrate
Applied	Quantity	UOM	Application
Method	
Onslaught Fast Cap Spider And Scorpion	1021-2574	0.062	0.902286	231	oz	Area	

Targeted Pests: Area/Device of Application: Equipment Used:
Active lngredient(s): Comments:
Occasional Invader, Occasional invader, Cockroach, Cockroach - General EXTERIOR
Power Sprayer
Esfenvalerate, Prallethrin, Piperonyl Butoxide
Treated perimeter and eaves with liquid insecticide for general pest prevention.

lnTice 10 Perimeter Bait	73079-6

Targeted Pests: Area/Device of Application: Equipment Used:
Active lngredient(s): Comments:
10	3	3	oz	Broadcast

Ant, Ant - General EXTERIOR
Spreader Orthoboric Acid
Baited in areas of ant activity around pool

Totals
Material Applied	
EPA#	
Quantity UOM	
Onslaught Fast Cap Spider And Scorpion	1021-2574	231	oz	
InTice 10 Perimeter Bait	73079-6	3	oz	

General Comments:
Performed visual inspection, treated exterior for general pest prevention. Baited for ants around pool. Thank you for your business.

PRODUCT LABELS & SAFETY DATA SHEETS
Product Labels & Safety Data Sheets, please visit: https://lycensed.com/orgs/rentokil/public/chemicals For NY customers, please select 'NY' as your locale

Client:	2750388
Wynnfield Lakes Cdd 475 WTown Pl Ste 114
St Augustine FL 32092-3649 (954) -72-1-8681
830 JACKSONVILLE SOUTH FL PEST, 5213 Wesconnett
Blvd, PO BOX 740608,
Jacksonville, FL, 32210-7830
904-396-5805
999-999-9999

Detailed Report
Location:	2750388
Wynnfield Lakes Cdd
12319 WYNNFIELD LAKES DR JACKSONVILLE FL, 32246-4241

Site: All Areas, All Floors, All Zones
EXTERIOR	No Activity@ 07-03-2025 12:56:04

Governmental Management Services, LLC
475 West Town Place, Suite 114 St. Augustine, FL 32092
Invoice

Bill To:
Wynnfield Lakes CDD 475 West Town Place Suite 114
St. Augustine, FL 32092
Invoice #: 574
Invoice Date: 7/1/25
Due Date: 7/1/25
Case:
P.O. Number:

Description	Hours/Qty	Rate	Amount

Management Fees - July 2025 Information Technology· July 2025 Website Maintenance - July 2025 Dissemination Agent Services - July 2025 Copies
Telephone		4,484.17
133.33
66.67
99.17
13.80
9.11	4,484.17
133.33
66.67
99.17
13.80
9.11	

Total	$4,806.25	
Payments/Credits	$0.00	
Balance Due	$4,806.25	
WYNNFIELD LAKES
UTILITY SCHEDULE
FY 2025

Vendor #12																		
	
Vendor/Acct#	
Location	
Meter#	
October	
November	
December	
January	
February	
March	
April	
May	
June	
July	
August	
September	
Total		

Electric	2523678745	
12319 Wynnfield Lakes Dr	89344672	$627.09	$674.89	$755.20	$977.91	$834.94	$934.51	$960.51	$949.44	$1,011.04				$6,125.53		

Electric	2523678745	
397 Wynnfield Lakes Dr-Apt SG	69005442	
$83.09	
$78.95	$90.90	$105.41	$65.05	$96.03	$101.81	$103.34	$116.67				$861.45		
Electric Total	
001-320-57200-43100	
$910.18	
$953.84	$846.10	
$1,083.32	$919.99	$1,030.54	$1,062,32	$1,052.78	$1,127.91	$0.00	$0.00	$0:00	$8,986.98				

Vendor/Acct#	Location	Meter#	October	November	December	January	February	March	April	May	June	July	August	September	Total

Irrigation	2523678745	12319 Wynnfield Lakes Dr	74759726	$288.10	$841.13	$845.59	$671.65	$654.51	$636.67	$1,054.36	$1,006.05	$1,291.06	$7,689.12

Irrigation Total	001-320-53800-43001	$288.10	$845.59	$671.65	$836,67	$1,054.36	$1,006.05	$1,291,06	$0.00	$0.00	$0.00	$7,689.12

	Vendor/Acct #	Location	Meter#	October	November	December	January	February	March	April	May	June	July	August	September	Total	

Sewer	2523678745	
12319 Wynnfield Lakes Dr	76259417	$324.32	$291.41	$257.92	$166.10	$172.94	$232.17	$395.33	$345.07	$309.89				$2,509.15	

Water	
2523678745	
12319 Wynnfield Lakes Dr	76259417	
$110.99	
$101.41	$89.92	
$70.76	$66.93	$84.17	
$219.59	$188.D7	$166.01				$1,097.65	

GRAND TOTAL	$1,633.59	$2,187.79	$2,033.53	$2,011.83	$2,014.37	$2,183.55	$2,731.60	$2,591.97	$2,894.87	$0,00	$0.00	$0.00	$20,283.10

Total	$1,633.59	$2,187.79	$2,033.53	$2,011.83	$2,014.37	$2,183.55	$2,731.60	$2,591.97	$2,894.87	SO.DO	$0.00	$0.00	$20,283.10

225 N. Pearl St. Jacksonville, FL 32202-4513
G Phone: (904) 665-6000  9	Online: jea.com

WYNNFIELD LAKES COD
Page 1 of 3

(A complete breakdown of charges can be found on the following pages.)
Electric
$1,127.91
Water
$166.01
Sewer
$309.89
Irrigation
$1,291.06
Previous Balance	$
Payment(s) Received .......................... Balance Before New Charges .............. New Charges .......................................
Do not pay. AutoPay will process your  $
payment on 07/16/25.
2,591.97
-2,591.97
0.00
2,894.87

2,894.87

Change your light bulbs to LEDs.

JEA's 2024 Annual Water Quality report is available at jea.com/WQR2024. For a paper copy, email your address to waterquality@jea.com or call 665-6000 to request one.

PLEASE DETACH AND RETURN PAYMENT STUB BELOW WITH TOTAL DUE IN ENVELOPE PROVIDED.	Additional information on reverse side.   ...
	•	Check here for telephone/mail address correction and fill in on reverse side.
	•	Add $	to my monthly bill: $	for Neighbor to Neighbor and/or $	for

 Acct#: 2523678745	Bill Date: 06/24/25	
Qo not pay. AutoPay wil{process your pay111?nt on.07{1?125.  IOJ/\L/\MO!JNlPA!O
$2,894.87

WYNNFIELD LAKES COD 5385 N NOB HILL RD SUNRISE FL 33351-4761
Page 2 of 3

Pay Your Bill	?I.:!© Manage Your Alerts	X	.
Report or View Outages

@ EmailUs	Update Your Information	Learn About Rates  IEEIUnderstand Your Bill

STATEMENT INFORMATION
APPLICATION AND CONTRACT FOR SERVICE-Customers may review terms and conditions of service and policies on jea.com, or may call, write or email JEA to request a copy. Requesting of utility service and JEA's acceptance to provide utility service, including the rendering of a bill, constitutes a binding contractual agreement between JEA and the customer, including each financially responsible person or entity as defined be applicable State, City and Utility regulations and policies, whether or not services is listed in that individual's name.
Please review your billing statement. Should you suspect a billing or payment error, please notify us immediately at 665-6000. Commercial customers can call us at 665-6250. You have 90 days from the statement date to request a JEA review for correction or credit.

ADDRESS CORRECTION

Account#

Address:

City:

E-mail:
Page 3 of 3
,1. WYNNFIELD LAKES CDD	
®	I Account#: 2523678745	Bill Date: 06/24/25	Cycle: 18
Qt Phone: (904) 665-6000	5	Online: jea.com

Billing Rate: General Service
Service Address: 12319 WYNNFIELD LAKES DR
Service Period: 05/22/25 - 06/23/25	Reading Date: 06/23/25 Service Point:	Commercial - Electric
Billing Rate: Commercial Irrigation Service Service Address: 12319 WYNNFIELD LAKES DR
Service Period: 05/21/25 - 06/22/25	Reading Date: 06/22/25 Service Point:	Irrigation 1 - Commercial
DaYs
Billed
22508695	32
	•	Current
Reading
13059	Regular	8836 KWH
22508695	32	23.13	Regular	23.13 KW
Basic Monthly Charge
$	75.29
Basic Monthly Charge
Energy Charge ($0.0667 per kWh)
Tax Exempt Fuel Cost ($0.0339 per kWh) Taxable Fuel Cost ($0.00511 per kWh) City of Jacksonville Franchise Fee
Gross Receipts Tax
$	23.00
589.36
299.54
45.15
28.71
25.28
Tier 1 Consumption (1 - 7 Kgal@ $3.49 kgal) Tier 2 Consumption (> 7 Kgal @ $4.69 kgal) City of Jacksonville Franchise Fee
Total Current Irrigation Charges
24.43
1,153.74
37.60
$	1,291.06
Total Current Electric Charges

Billing Rate: Commercial Water Service
Service Address: 12319 WYNNFIELD LAKES DR
$	1,011•04	Billing Rate: General Service
Service Address: 12397 WYNNFIELD LAKES DR APT SG01
Service Period: 05/22/25 - 06/23/25	Reading Date: 06/23/25 Service Point:	Commercial - Electric
Meter
Service Period: 05/21/25 - 06/22/25	Reading Date: 06/22/25 Service Point:	Commercial - Water/Sewer

Basic Monthly Charge
Energy Charge ($0.0667 per kWh)
Tax Exempt Fuel Cost ($0.0339 per kWh)
Constant

$	23.00
55.29
28.10
Basic Monthly Charge Water Consumption Charge
City of Jacksonville Franchise Fee
$	26.53
134.64
4.84
Taxable Fuel Cost ($0.00511 per kWh) City of Jacksonville Franchise Fee Gross Receipts Tax
4.24
3.32
2.92

Total Current Water Charges	$	166.01

Billing Rate: Commercial Sewer Service
Service Address: 12319 WYNNFIELD LAKES DR
Service Period: 05/21/25 - 06/22/25	Reading Date: 06/22/25 Service Point:	Commercial - Water/Sewer
Total Current Electric Charges	$	116.87
Water Tens Gal lilll Electric kWh
Basic Monthly Charge Sewer Usage Charge
City of Jacksonville Franchise Fee

$	86.14
214.72
9.03
Total Current Sewer Charges	$	309.89
Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun
2024	2025

Total kWh Used	1 Year Ago	Last Month	This Month	Average Os1ily	
	9,840	.
8,536	9,665	302  .•••/
<	
Total Gallons Used	52,000	245,000	297,000	9,281  .	

1707 Townhurst Dr.
Houston TX 77043
(800) 858-POOL (7665)
www.poolsure.com
Date Invoice#
7/1/2025
131295629763

Ship To	
Wynnfield Lakes CDD 12319 Wynnfield Lakes
Jacksonville FL 32246	

LATE FEE: This constitutes notice under the truth in lending act that any accounts remaining unpaid after the due date are subject to 1 112% per month late charge and attorney fees

Item
WM-CHEM-BASE	Description
Water Management Seasonal Billing Rate	Qty
1	Units
ea	Amount
$1,373.94	

Amount Paid/Credit Applied
Balance Due
$0.00
$1,373.94
Click Here to Pay Now

IIIIIIIIIIII I111111111111111
131295629763
1 of 1

Please Remit Payment to:
Solitude Lake Management, LLC			INVOICE
Page: 1	
1320 Brookwood Drive Suite H		
Invoice Number:	
PSl186977	
Little Rock, AR 72202		Invoice Date:	7/1/2025	
Phone#: (888) 480-5253				
Fax#: (888) 358-0088				
	
Ship			

Bill
To:	Wynnfield Lakes COD
c/o Vesta Property Services 12319 Wynnfield Lake Drive Jacksonville, FL 32246
To:	Wynnfield Lakes COD
c/o Vesta Property Services 12319 Wynnfield Lake Drive Jacksonville, FL 32246 United States

	Customer ID	12907				
Ship Via		P.O. Number				
Ship Date	7/1/2025	P.O. Date	7/1/2025			
Due Date	7/31/2025	Our Order No.				
Terms	Net 30					

Item/Description	
Unit	
Order Qty	
Quantity	
Unit Price	
Total Price	
Annual Maintenance				772.00	772.00	
July Billing						
7/1/2025 - 7/31/2025						
Lake 1						
Lake 2						
Lake 3	By lihernandez at 1:20 pm, Jul 07, 2025
Lake 4						
Lake S Lake 6 Lake Front Lake-ALL Fountain 1
Fountain 2
Fountain 3

Amount Subject to Sales Tax	0.00
Amount Exempt from Sales Tax	772.00
Subtotal: Invoice Discount: Total Sales Tax: Payment Amount:
Total:
772.00
0.00
0.00
0.00
772.00

II

I	Invoice
Ill
SOUTHEAST FITNESS REPAIR
14476 Duval Place West #208
Jacksonville, FL 32218
(904) 683-1439
Office@SoutheastFitnessRepair.com

JOB#
..................
1129	DATE	PO/REF#	DESCRIPTION		
	05/21/2025	
Completion Notes: Serviced all equipment , everything good besides Techno gym leg curl s/n MA350NO - ALVOGGJL 060000402 seat wheels damaged needs to be replaced		
Job Charges	Qty	Rate	Total	
Q-PM: Treadmill	3.00	32.00	96.00	
Q-PM: Elliptical, Cross-trainer, ARC, AMT	2.00	32.00	64.00	
Q-PM: Recumbent, Upright Bicycle	1.00	21.00	21.00	
Q-PM: Multi-Station	2.00	17.00	34.00	
Q-PM: Single-Station	5.00	12.00	60.00	
Travel <60 miles	1.00	90.00	90.00	
Job Subtotal			365.00	
PM Discount 2025		25.00	-25.00	
Job Total			340.00	

Signed By:	Signed By:	[ Lina

r•	CUSTOMER MESSAGE	• ···1 Invoice Total: Deposits(-):
340.00
0.00
I?	?
Payments(-): Total Due:
0.00
340.00
Wynnfield Lakes
Resident Water and Sewer Reimbursement

Recurring Invoice Check Should be Cut by 15th

Month:	July-25

Amount per each:

320.53800.46101
$70.00

Peter and Jennifer Townsend V#189 12193 Emerald Green Court Jacksonville, FL 32246
Wynnfield Lakes
Resident Landscape Maintenance

Recurring Invoice Check Should be Cut by 15th
Month:	July-25

Amount per each:

320.53800.46101
$42.00

Peter and Jennifer Townsend V#189 12193 Emerald Green Court Jacksonville, FL 32246
Invoice

Vesta Property Services, Inc. 245 Riverside Avenue
Suite 300
Jacksonville FL 32202
Invoice# Date

Terms Due Date Memo
427279
07/01/2025

Net 30 07/20/2025
Monthly Fees

Bill To
Wynnfield Lakes COD c/o GMS LLC
475 WestTown Place, Suite 114 St. Augustine FL 32092

Total	13,758.92
I	I	E	Page 1 of 2
Customer ID:	28-16690-73007
Customer Name:	WYNNFIELD LAKES CDD
Service Period:	07 /01/25-07/31/25
Invoice Date:	06/27/2025
Invoice Number:	9744959-2224-3
-	-

Visit wm.com/MyWM
Create a My WM profile for easy access to your pickup schedule, service alerts and online tools for billing and more. Have a question? Check our support center or start a chat.
ODO
Customer Service: (904) 260-1592

Jul27,2025

If full payment of the invoiced amount is not received within your contractual terms, you may be charged a monthly late charge of 2.5% of the unpaid amount, with a minimum monthly charge of $5, or such late charge allowed under applicable law, regulation or contract.

$291.38
If payment is received after 07/27/2025: $ 298.66

IMPORTANT MESSAGES
***WM only sells services online through our own website at Wm.com. WM does not sell any services through other on-line marketplaces. To arrange services for your business or home, visit wm.com directly.

?:	- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - Please detach and send the lower portion with payment - - - (no cash or staples) - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

WASTE MANAGEMENT INC. OF FLORIDA
WM OF JACKSONVILLE PO BOX 3020
MONROE, WI 53566-8320
{904) 260-1592
(866) 381-9369

*** DO NOT PAY-AUTOMATIC PAYMENT WILL BE PROCESSED***
Your bank account will be drafted $291.38.

2224□□□281669073□□7□9744959□□□□□□29138□□□□□□29138 3

WYNNFIELD LAKES COD 5385 N NOB HILL RD SUNRISE FL 33351
I0290C56

Remit To:WM CORPORATE SERVICES, INC. AS PAYMENT AGENT POBOX4648
CAROL STREAM, IL 60197-4648

7
st N N
':'
N
N
(D
(D
D D I
st N N
Page 2 of 2
DETAILS OF SERVICE					
Details for Service Location:	Customer ID:	28-16690-73007 Wynnfield Lakes Cdd, 12319 Wynnfield Lakes Dr, Jacksonville FL
32246					
Description	Date	Ticket	Quantity	Amount	
Gate Service 1X Week	07/01/25		1.00	12.96	
6 Yard Dumpster 1X Week	07/01/25		1.00	202.55	
Energy Surcharge				33.54	
DUVAL CM 17% FRANCHISE FEE				42.33	
Total Current Charges	291.38				

Please choose one of these sustainable payment options:

AutoPay
Set up recurring payments with us at wm.com/myaccount

Your Total Due is the total amount of current charges and any previous unpaid Balances combined. This also states the date payment is due to WM, anything beyond that date may incur additional charges.
ill

Online
Use Wm.com for quick and easy payments
Previous balance is the total due from your previous invoice. We subtract any Payments Received/Adjust­ ments and add your Current Charges from this billing cycle to get a Total Due on this invoice. If you have not paid all or a portion of your previous balance, please pay the entire Total Due to avoid a late charge
By Phone
Pay 24/7 by calling 866-964-2729
or service interruption.

Service location detaifs the totaf current charges of

If your service is suspended for non-payment, you may be charged a Resume charge to restart your service. For each returned check, a charge will be assessed on your next invoice equal to the maximum amount permitted by applicable state law.

0  Check Here to Change Contact Info	D Check Here to Sign Up for Automatic Payment Enrollment			
List your new billing information below. For a change of service address, please contact WM.	If I enroll in Automatic Payment services, I authorize WM to pay my invoice by electronically deducting money from my bank account. I can cancel authorization by notifying WM at wm.com or by calling the customer service number listed on my invoice. Your enrollment could take 1-2 billing cycles for Automatic Payments to take effect. Continue to submit payment until page one of your invoice reflects that your payment will be deducted.			
Address 1				
Address 2				
City				
		Email		
State				
Zip		Date		
Email		Bank Account Holder Signature		
Date Valid				

NOTICE: By sending your check, you are authorizing the Company to use information on your check to make a one-time electronic debit to your account at the financial institution indicated
on your check. The electronic debit will be for the amount of your check and may occur as soon as the same day we receive your check.

In order for us to service your account or to collect any amounts you may owe (for non-marketing or solicitation purposes), we may contact you by telephone at any telephone number that you provided in connection with your account, including wireless telephone numbers, which could result in charges to you. Methods of contact may include text messages and using
pre-recorded/artificial voice messages and/or use of an automatic dialing device, as applicable. We may also contact you by email or other methods as provided in our contract.

Please send all bankruptcy correspondence to RMCbankruptcy@wm.com or PO Box 43290 Phoenix, AZ 85080, Using the email option will expedite your request. (this language is in compliance with 11 USC 342(c)(2) of the Bankruptcy Code)
Invoice for Metro Foam Party Event
CMI ( hildrens Ministry nternational)
165 Pond Run Lane, Jacksonville, Fl. 32218 703-855-0411
?i?h;eT£te August 9th 2025 - Time of Event 11am to fl;?1R
Wynnfield Lakes COD	Metro Foam Party Event

12319 Wynnfield Lakes Drive, Jacksonville, Fl.32246 904-565-9385
Details	AMOUNT

Metro Foam Event on 8/9/2025 11am to 2pm	$700.00
.....····· ·•·· . ·····,.. ........................................,.......... . ·- ··········- .....,.. ..............., ....._.... .........................,.. _,.   ?,--....;..,...:.-,;:....--?.c.	..-?

Descrip!ion

Descriptio!l		Amount	
	SUBTOTAL	$700.00	
	TAX RATE	0.00%	
	a nonrefundable Deposit of 50% is Required	$350.00	
	TOTAL	$700.00	

Make all checks payable to CMI

If you have any questions concerning this invoice, use the following contact information: Dr.Terry Horn 703-855-0411
THANK YOU FOR YOUR BUSINESS!

001.320.57200.49400 foam party
BLAND LcAoN. DS
Phone: Fax:
Billing Inquiry:
919-387-0010
919-387-0690
P.O. Box727 Apex, NC 27502

INVOICE	TERMS	
06/30/2025	NET 30	
DESCRIPTION	PRICE	
06/30/2025: WORK ORDER: 138333
Canopy Lift Along Wynnfield Lakes Dr

This Proposal Encompasses the canopy lift along Wynnfield Lakes Dr, specifically elevating oak trees over the roadway to a height of 18 feet minimum. This work aims to improve clearance for vehicles, enhance overall visibility, and maintain the health and structural integrity of the trees while adhering to industry standards for urban forestry and road safety.	

$5,750.00	
INVOICE GRAND TOTAL	$5,750.00	

PROPERTY
10949
AMOUNT
$5,750.00

Remit to:
Bland Landscaping Co. Inc.
INVOICE
326145
INVOICE DA TE
06/30/2025
j;
P.O. Box 727
Apex, NC 27502
& Pond Management
Bob's Back:flow & Plumbing Services
4640 Subchaser Ct., Ste 113
Jacksonville, FL 32244
INVOICE
24874

Phone# (904) 268-8009	Fax# (904) 292-4403			Invoice Date	
				7/23/2025	
Bill To			Job Location		
Wynnfield Lakes CDD
c/o Vesta Property Services 200 Business Park Cir, Ste 101 St. Augustine, FL 32095			Wynnfield Lakes CDD 12319 Wynnfield Lakes Dr Jacksonville, FL 32246		

P.O. Number	Terms	Due Date	
	Net 30	8/22/2025	

Ba.gk!,fo\Y'fest: .Biicktiow Test!certified a.ndsubmitted to proper ••
W1-1tel'UtilityProv1der	•
1" Wilkins 975XL Serial# 225100 - PASSED
ifw1llfµif?1$jq,2$?rlil#A¢N9st1•FAJLEJ)
Proposal will follow for repairs needed to be in compliance with
water utility provider.
	Quantity	

0.00	0.00

Thank you for your business. We appreciate your prompt payment.
Please make checks payable to Bob's Backflow and include your invoice number.

Name of premises (company, person) Wynnfield Lakes COD
BACKFLOW ASSEMBLY TEST REPORT
Owner or agent's name Ken Thomas
Service Address:
12319 Wynnfield Lakes Dr Jacksonville, FL 32246
Mailing address
c/o 200 Business Park Cir, Ste 101 St. Augustine, FL 32095

Physical location of device
Front prop in bush left entrance by road
Contact phone number

JEA account number 2523678745
Meter number 83715247
Scan number 83715247

·····-
Commercial test purpose	IZl Annual	D Repair	D Replacement	D New Installation

Commercial service tvpe	D Fire	D Irrigation	D Process/ Isolation	IXI Potable	

Residential test purpose	D Fire Bypass
D Annual	Reclaimed water is supplied	□
D Repair	D Replacement	D	

New Installation	
Residential service tvpe	D Potable	D Irrigation	Reclaimed water is supplied	□
DeviceType:
RPZ
Manufacturer: Wilkins
Size:
1"
Model:
975XL
Serial Number: 225100
Install Date:

INITIAL
Check valve #1
Check valve #2
Differential pressure relief valve
Pressure vacuum breaker
IXI	Closed tight at
IXI Closed tight at
[X) Opened at	 2.2	 □  Air inlet opened at
TEST
6.8	psi
D Leaked

D Leaked
1.6	psi
lbs reduced pressure
D Did not open

D Did not open
psi
FINAL
	•	Closed tight at
	•	Closed tight at
	•	Opened at		
TEST
	 psi
	 psi	lbs reduced pressure
D Satisfactory
Remarks:

lnital test performed by
James (Jimmy) Sharpe
Company affiliation
Bob's Backflow & Plumbing Services, Inc.
BFDT certificate number
PR_14853
Test date
07-20-25

Repaired by

Company affiliation

BFDT certificate number

Repair date

Final test performed by
Company affiliation
BFDT certificate number
Test date

PASS/ FAIL CERTIFICATION
·-······-···-··-··-·······
I hereby certify the assembly descibed above	IX]	passed/  □	failed and supportive data is accurate.

Signature	?;trt
(/
Date
07-20-25
I

Name of premises (company, person) Wynnfield Lakes COD
BACKFLOW ASSEMBLY TEST REPORT
Owner or agent's name Ken Thomas
Service Address:
12319 Wynnfield Lakes Dr Jacksonville, FL 32246
Mailing address
c/o 200 Business Park Cir, Ste 101 St. Augustine, FL 32095

--·

Physical location of device
Fop in bushes left entrance by road

JEA account number 2523678745

I
Contact phone number

Meter number 99436210 Scan number

D Fire Bypass	Reclaimed water is supplied	□
Residential test purpose	D Annual	D Repair	D Replacement	D New Installation
Residential service tvpe	D Potable	D Irrigation	Reclaimed water is supplied	□
DeviceType:
RPZ
Manufacturer: Wilkins
Size:
2"
Model:
975XL2
Serial Number: ACN9811
Install Date:
07-03-23

INITIAL
Check valve #1
Check valve #2
Differential pressure relief valve
Pressure vacuum breaker
IX]  Closed tight at
IX]	Closed tight at	□ Opened at	1.4	 □  Air inlet opened at
TEST
9.0	psi
D Leaked

D Leaked
2.8	psi
lbs reduced pressure
IX] Did not open

D Did not open
psi
FINAL TEST
	•	Closed tight at
	 psi
	•	Closed tight at
	 psi
	•	Opened at
lbs reduced pressure

□ Satisfactory
Remarks: RV failed

lnital test performed by	Company affiliation	BFDT certificate number	Test date	
James (Jimmy) Sharpe	Bob's Backflow & Plumbing Services, Inc.	PR 14853	07-20-25	
Repaired by	Company affiliation	BFDT certificate number	Repair date	
FinaI test performed by	Company affiliation	BFDT certificate number	Test date	
PASS/ FAIL CERTIFICATION				
I hereby certify the assembly descibed above  □	passed/  IX]	failed and supportive data is accurate.

Signature		?		Date 	07-20-25	
(/
INVOICE
Fidelity Security Operations
8081 Phillps Hwy Ste 12
Jacksonville, FL 32256

BIii to
Wynnfield Lakes COD 12319 Wynnfield Lakes Dr Jacksonville, FL 32246

admin@FSOFL.com
+1 (904) 770-5111
https://fsofl.com/

Ship to
Una F Hernandez Wynnfield Lakes COD 12319 Wynnfield LakesDr
Jacksonville, FL 32246

Invoice no.: 25?332
Terms:Net30
lnvolce date: 07/14/2025 Due.qate; 08/13/2025

Ways to pay
[visilr•-ll?lm	

Total	$2,484.00

-- =----= - _-  ? --  -  --_  - 

-	'v-lEW'amlffll	-
INVOICE
Goose Masters of Northeast Florida
1820 State Road 13 N Ste 1146 Saint Johns, FL 32259-8856

colleen@goosemasters.com
+1 (904) 806-0620
Goosemasters.com

180-Wynnfield Lakes Subdivision
Bill to
Lina Hernandez
Vesta Property Service Vesta Property Services c/o Wynnfield Lakes Drive
12319 Wynnfield Lakes Drive Jacksonville, FL 32246

Invoice details
Invoice no.: 180-0725 Invoice date: 07/25/2025 Due date: 08/24/2025

Product or service	Description	Qty	Rate	Amount

Goose Control Service	4	$300.00	$1,200.00

Total	$1,200.00

KILINSKI I VAN WYK
Kilinski I Van Wyk PLLC
INVOICE
Invoice # 12760 Date: 07/14/2025 Due On: 08/13/2025

P.O. Box 6386
Tallahassee, Florida 32314 United States

Wynnfield Lakes COD
475 West Town Place Suite 114 St. Augustine, Florida 32092

Statement of Account

Outstanding Balance
$0.00
New Charges
+	$1,641.75
Payments Received
) - (	$0.00	) =
Total Amount Outstanding

WYNNLK-01 General
Wynnfield Lakes CDD - 01 General

	Cll!?ntttf						
Service	MGH	06/04/2025	Analyze and confirm	0.10	$285.00	$28.50	
			canopy lift Work				
			Authorization				
			requirements and Board				
			direction regarding same.				
Service	LG	06/04/2025	Review and provide comments to May	1.80	$330.00	$594:oo:	
	meeting minutes; prepare						
	amendment to landscape						
	agreement for irrigation						
	repair authority; prepare agreement with Coastal						
	Kicks for2025-2026.
muumu,m.e,,,,,?,,,,,	,_?•--	

=--•H					
Service	AR	06/05/2025  Draft Bland Landscaping	2.20	$285.00	75.0%	$156.75
Additional Services Order for canopy lift.
,., ..•,•-•;.,,,._,._,_,,..,,•-,.-.-.-.-A•,,.-u,.,..,..,,_v,.-A•, ,_,,,..Am,?•,•.W,nA'	?,A,...'A""-··'"''"''''',.,,,w.,,-•,--A.V V'  . ..,,.,	v-••,<,
Service	LG	06/06/2025	ReviseASOfor canopy lift work and send for	OAO	$330.00		$132.ooi	
			signatures.					
Service	AR	06/06/2025	Review revisions to ASO	0.20
"--,?-~-_.,.,  ,_??-?- --	$285.00
·--·?	

 		$57.00		
Invoice# 12760 - 07/14/2025

agreement for Bland Landscaping assignment

,,,,,,,,,,.,wm=M?=Y,W,.,.,,,

Line Item Discount Subtotal	-$699.75

Total	$1,641.75
Project Manager	Kyle Sowards
Matthews

l"'lll!ltflllllll,,,,,..&AII
..,...,	,..,/11
Wynnfield Lakes CDD Daniel Laughlin
47 West Town Place, Suite 114 St. Augustine, FL 32092

Enoineerin[J ·Architecture• Planning - Surveying

June 10, 2025
Invoice#	193389

Project	0000021827.0000	Wynnfield Lakes CDD

This invoice includes charges for tasks performed for your project, including: CDD Meeting
Coordination with CDD Team and Structural Subconsultant Erosion Control RFP

Please call Kyle Sowards if you have any questions or concerns regarding your project. For billing inquiries, please contact our Accounting Department.

Professional Services through May 31. 2025
Phase	0001	Engineering Services

	Hours	Rate	Amount		
Project Engineer, El 3	2.00	190.00	380.00		
Project Manager 1	7.50	230.00	1,725.00		
Project Administrator	.25	120.00	30.00		
Total Labor				2,135.00	

Phase	0003	Engineer's Report

	Hours	Rate	Amount	
Project Engineer, El 2	10.00	170.00	1,700.00	
Project Administrator	1.00	120.00	120.00	
Total Labor			1,820.00	

Phase
Fee	
0005	
Structural Engineering - Retaining Wall		
Total Fee		4,025.00		
Percent Complete	12.00 Total Earned	483.00		
	Previous Fee Billing	0.00		
	Current Fee Billing	483.00		
	Total Fee		483.00	

Phase	0999	Reimbursable Expenses

8.5 X 11 B/W	56.0 Copies @ 0.27
Total Reproductions
15.12
15.12	15.12

7 Waldo Street, St. Augustine, FL 32084 I 904.826.1334 I www.matthews.dccm.com
LICENSE 126535, LBB5BU. LA6666B77
Invoices are duo upon receipt.
Prompt payment, are critical ft1 keeping your project on sclte<lule, Payment.< oat rnceived with/a 30 days of the invoice data are considered past due and all work and submiltals will be
placed on hold until paymant is racoivod along with fimmco chornos of 18% o.nn1Jal accrued. We approciato your business and coopmo.tion with timflly po.ymonts,

Project	0000021827.0000	Wynnfield Lakes CDD	Invoice	193389
Total Due:	4,453.12

Billed to Date

	Current Due	Prior Billed	Billed to Date	
Fee	483.00	11,000.00	11,483.00	
Labor	3,955.00	28,110.00	32,065.00	
Expense	0.00	369.02	369.02	
Unit	15.12	115.36	130.48	
Interest	0.00	33.69	33.69	
Totals	4,453.12	39,628.07	44,081.19	

7 Waldo Street, St. Augustine, FL 32084 I 904.826.1334 I www.matthews.dccm.com
l!CENSE426535, LB8590, LA666G877
Invoices are due upon receipt.
Prompt payments are criticel to keeping your proj1;1ct on schedule. Payments not rer.aived within 30 days of tha invoice dnta ore com?idornd past chm nnd all work end submitttt!s will ba
placed on hold until payment is rocoivod along with finance chorgos of 16% annual accnmd. We opprnciata your busin0ss and coop0rotion with tirnflly payrnont?,
Page 2
oolsu	Invoice	Date
AN  AQUASOL COMPANY

1707 Townhurst Dr.
Houston TX 77043
(800) 858-POOL (7665)
www.poolsure.com
8/1/2025
131295630567

Ship To		
Wynnfield Lakes COD 12319 Wynnfield Lakes
Jacksonville FL 32246		

IIIIllIllIll1111111111111111
131295630567
1 of 1

?
Adam W. Herbert
Unlverslty Center
Adam W. Herbert University Center
12000 Alumni Drive
Jacksonville FL 32224-2678

Office: (904) 620-4222 / Fax: (904) 620-4223

Invoice

User	Invoice Number: UC21141
Courtney Hogge Wynnfield Lakes COD 475 West Town Place Suite 114
St. Augustine, FL 32092 USA
Invoice Date: Due Date: Event Name:
Reservation No.: Phone:
Fax:
Email Address: Event Coordinator:
7/25/2025
8/24/2025
Wynnfield Lakes 186457
904-940-5850 X 400
904-940-5899
chogge@gmsnf.com Chelsie Coulter

Bookings / Details	Quantity	Price	Amount

Wednesday, July 23, 2025
6:00 PM - 9:30 PM Wynnfield Lakes (Confirmed w/Authorization) Room 1090 - Kl Furniture, Inc. Seminar Room
Room Charge: ($200.00 per Half Day) UC - Audiovisual:
Telephone (Conference) UC - Setup Notes:
Conference for 10 at front and Theater seating for 15 in the rest of the room

$200.00

$50.00

$200.00

$50.00

Room Charge	$200.00	
UC - Audiovisual	$50.00	

Subtotal	
$250.00	
Grand Total	$250.00	

If payment is made by check, please include the reservation number, make check payable to "University of North Florida" and submit payment to the address listed below:
University of North Florida Adam W. Herbert University Center
12000 Alumni Drive
Jacksonville, FL 32224-2678
Please feel free to call us at (904) 620-4222 ifwe can be of any further assistance. Thank you again for choosing the Herbert University Center.
Adam W. Herbert University Center
Bookings / Details
Invoice Number:	UC21141
Quantity	Price	Amount

3447 TwistofFun!BalloonArt	https://www.managersal.corn/pro.php?fo=1&pf=4558673vQ2rk7LYV...

Twist of Fun! Balloon Art
Inflated Excellence
6111 Wakulla Springs Road •Jacksonville• FL 32258 • twistoffun@outlook.com Tel: (904) 568-2472 • Fax: • https://www.facebook.comfTwistoffunballoonart

Invoice for Services
Invoice Date: July 30, 2025	Invoice No.: 3447

Client:
Wynnfield Lakes Community WynnField Lakes CDD
12319 Wynnfield Lakes Drive	Jacksonville, FL, 32246
Tel:
Email: lihernandez@vestapropertyservices.com

Services:
Event Info & Venue:
Aug 9, 2025 - Saturday, 11:00am to 2:00pm Wynnfield Lakes
12319 Wynnfield Lakes Drive	Jacksonville, FL, 32246

Amount Due:
Total:	$500.00

Terms
	•	Balance is due by Aug 4, 2025
	•	Please make all checks payable to Twist of Fun Balloon Art.
If you have any questions or need any additional information, please contact us at (904) 568-2472 or twistoffun@outfook.com.

Thank you for letting us entertain you!

ID: 3447

I of I	7/30/2025, 3:31 PM
AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	8/06/25	PAGE	4
*** CHECK DATES 07/01/2025 - 07/31/2025 ***	WYNNFIELD LAKES - GENERAL FUND
BANK Z WYNNFIELD -	AUTOPY
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#
7/21/25 00246	7/03/25 55693990 202506 320-57200-52000	*	45.96
PAINT
7/03/25 55693990 202506 320-57200-46601	*	84.35
FAUCETS
7/03/25 55693990 202506 320-57200-52000	*	99.00
POWER SCRUBBER
7/03/25 55693990 202506 320-57200-51000	*	19.49
COPY PAPER
7/03/25 55693990 202506 320-57200-46601	*	36.49
SIGNS
7/03/25 55693990 202506 320-57200-52000	*	58.13
SUPPLIES PAINT JOB
7/03/25 55693990 202506 320-57200-52000	*	44.57
WIPES
7/03/25 55693990 202506 320-57200-52000	*	79.38
HAND SOAP REFILLS
7/03/25 55693990 202506 320-57200-46601	*	9.72
CORD UMBRELLA REPAIR
7/03/25 55693990 202506 320-57200-52000	*	128.91
HAND ROLL PAPER TOWELS
7/03/25 55693990 202506 320-57200-52000	*	31.94
MOTH BALLS
7/03/25 55693990 202506 320-57200-51000	*	36.00
INK
7/03/25 55693990 202506 320-57200-51000	*	1.15
MAIL
7/03/25 55693990 202506 320-57200-49000	*	450.00
POOL FURNITURE REMOVAL
7/03/25 55693990 202506 320-57200-46601	*	46.34
EXIT BUTTONS
7/03/25 55693990 202506 320-57200-52000	*	21.57
GLASS CLEANER
7/03/25 55693990 202506 320-57200-51000	*	8.49
MOUSE PAD
ELITE CARD PAYMENT CENTER AUTO PAY	1,201.49 080001
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
TOTAL FOR BANK Z	1,201.49
TOTAL FOR REGISTER	55,819.38

WYNN --WYNNFIELD -- TCESSNA
WYNNFIELD LAKES CDD MONTHLY EXPENSE REPORT

BEGINNING	6/1/2025	
ENDING	7/3/2025	

DATE	DESCRIPTION	GL #	GL Description	RETAILER	TOTAL	
6/4/2025	Paint	001.320.57200.52000	Operating Supplies	Home Depot	45.96	
6/5/2025	Faucets	001.320.57200.46601	Repairs & Replacements	Home Depot	84.35	
6/5/2025	Power scrubber	001.320.57200.52000	Operating Supplies	Home Depot	99.00	
6/6/2025	Copy paper	001.320.57200.51000	Office Supplies	Amazon	19.49	
6/13/2025	Signs	001.320.57200.46601	Repairs & Replacements	Amazon	36.49	
6/16/2025	Supplies paint job	001.320.57200.52000	Operating Supplies	Home Depot	58.13	
6/17/2025	Wipes	001.320.57200.52000	Operating Supplies	Amazon	44.57	
6/17/2025	Hand soap refills	001.320.57200.52000	Operating Supplies	Amazon	79.38	
6/18/2025	Cord umbrella repair	001.320.57200.46601	Repairs & Replacements	Home Depot	9.72	
6/19/2025	Hand roll paper towels, wipes buckets	001.320.57200.52000	Operating Supplies	Amazon	128.91	
6/20/2025	Moth balls	001.320.57200.52000	Operating Supplies	Home Depot	31.94	
6/23/2025	Ink	001.320.57200.51000	Office Supplies	HP Instant Ink	36.00	
6/27/2025	Mail	001.320.57200.51000	Office Supplies	UPS	1.15	
6/27/2025	Pool furniture removal			Junk Removal	450.00	
6/28/2025	Exit buttons	001.320.57200.46601	Repairs & Replacements	Amazon	46.34	
7/3/2025	Glass cleaner	001.320.57200.52000	Operating Supplies	Amazon	21.57	
7/3/2025	Mouse pad	001.320.57200.51000	Office Supplies	Amazon	8.49	

						

						
TOTALS					$1,201.49	
Explanation
:						
Signature:	Lina Hernandez, Amenity Manager					
?	How doers
?	get more doneN
12721 ATLANTIC BLVD
JACKSONVILLE, FL 32225 (904)2200822
6365 00061 66029 06/03/25 01:17 PM SALE CASHIER ANET
082474934043 PPEXSEDPBSOT <A>
BEHR PPE 9340 SATIN DEEP 2902
2922.98	45.96N
SUBTOTAL	45.96
TAX EXEMPT
SALES TAX	0.00
TOTAL	$45.96
XXXXXXXXXXXX1515 MASTERCARD USO$ 45.96 AUTH CODE 003990/7610085	TA
Contactless
AID A0000000041010	Mastercard
P.0,#/JOB NAME:MINI LIBRARY
PM

RETURN POLICY DEFINITIONS
POLICY ID DAYS POLICY EXPlRES ON A	1	90	09/01/2025

WYNNFIELD LAKES COMMUNITY DEVELOPMENT DISTRICT

Order# WG90938184

PO/Job Name: Pool Equipment/ Restroom Repairs

Buy Online Ship To Store

Ordered
615/2025
Ready for Pickup
6/9/2025

Item Description	Qty	Unit Price	Discount	Net Unit Price	Pre Tax Amount

ONE+ 18V Lithium-Ion Krt with 2.0 Ah and 4.0 Ah Batteries,

Printed O

WYNNFIELD LAKES COMMUNITY DEVELOPMENT DISTRICT

Order # WG90938184

PO/Job Name:  Pool Equipment/ Restroom Repairs

Buy Online Ship To Store						

Ordered						
6/5/2025						
Ready for Pickup						
6/9/2025						
Item Description	Qty	Unit Price	Discount	Net Unit Price	Pre Tax Amount	
ONE+ 18V Lithium-Ion Kit with 2.0 Ah and 4.0 Ah Batteries,						
Charger with FREE ONE+ 18V Cordless Power Scrubber	1	$178.00	$79.00	$99.00	$99.00	
SKU 1012047936						
Adler 4 in. Centerset 2-Handle Bathroom Faucet in Spot Resist Brushed Nickel (2-Pack)		
$84.35	
$0.00	
$84.35	
$84.35	
SKU 1003317345						

SKU 1004953189		
$0.00	
$0.00		
$0.00	

SKU 1010632228		
$0.00	
$0.00		
$0.00	
Printed On:	June 12, 202511:09:58 EDT	Page 1 of 2

Final Details for Order #114-4253679-4605062

Order Placed: June 5, 2025
Amazon.com order number: 114-4253679-4605062
Order Total: $19.49

Business order information	
Location: DSD - Wynnfield Lakes
GL code: 59010 Pass Thru-DSD, DPFG, Fac
Billable / Non-Billable: Non-Billable
Cost center: Northeast	

Shipped on June 5, 2025								

Items Ordered
1 of: Amazon Basics Multipurpose Copy Printer Paper, 20
Sold by: Amazon (seller profile) Business Price
Condition: New	

lb, 92	

Bright, 8.5"	

x	

11", White, 3	

Reams, 1500	

Sheets	
Price
$19.49	
Shipping Address:
Lina
13700 RICHMOND PARK DR N APT 1309 JACKSONVILLE, FL 32224-4285	Item(s) Subtotal: Shipping & Handling:	$19.49
$0.00
-----						
United States	Total before tax:	$19.49						
	Sales Tax:	$0.00						
Shipping Speed:		-----						
FREE Prime Delivery	Total for This Shipment:	$19.49						
		-----						

Payment information	
Payment Method:	Item(s) Subtotal: $19.49
MasterCard | Last digits: 1515	Shipping & Handling:	$0.00
Billing address	-----
Wynnfield Lakes CDD	Total before tax: $19.49
5385 N NOB HILL RD	Estimated Tax:	$0.00
SUNRISE, FL 33351-4761	-----
United States
Grand Total: $19.49	
Credit Card transactions	MasterCard ending in 1515: June 6, 2025: $19.49	
To view the status of your order, return to Order Summary .

Final Details for Order #114-1008491-5151463

Order Placed: June 11, 2025
Amazon.com order number: 114-1008491-5151463
Seller's order number: 160663047
Order Total: $36.49

Business order information	
Location: DSD - Wynnfield Lakes
GL code: 59010 Pass Thru-DSD, DPFG, Fac
Billable / Non-Billable: Non-Billable
Cost center: Northeast	

Shipped on June 13, 2025													

Items Ordered
1 of: Vista Products Food Truck 2 Pack Double-Sided
Sold by: Vista Products (seller profile) Business Price
Condition: New	

Yard	

Signs	

16"	

x	

24"	

with	

Metal	

Stakes	

(Made	

in	

Texas)	
Price
$24.49	
Shipping Address:
Lina
13700 RICHMOND PARK DR N APT 1309 JACKSONVILLE, FL 32224-4285	Item(s) Subtotal: Shipping & Handling:	$24.49
$12.00
-----											
United States	Total before tax:	$36.49											
	Sales Tax:	$0.00											
Shipping Speed:		-----											
Standard Shipping	Total for This Shipment:	$36.49											
		-----											

Payment information	
Payment Method:	Item(s) Subtotal: $24.49
MasterCard | Last digits: 1515	Shipping & Handling: $12.00
Billing address	-----
Wynnfield Lakes CDD	Total before tax: $36.49
5385 N NOB HILL RD	Estimated Tax:	$0.00
SUNRISE, FL 33351-4761	-----
United States
Grand Total: $36.49	
Credit Card transactions	MasterCard ending in 1515: June 13, 2025: $36.49	
To view the status of your order, return to Order Summary .
-	-

?Howdoers
?	get more done_
12721 ATLANTIC BLVD JACKSONVILLE, FL 32225 (90'1)22008Z!
6365 00020 70217	06/16125 11 30 AH SALE CASHIER ASHLEY
048834000209 MTN GRANlfE <A>	5 87N
VIGORO MOlJNTAIN GRANITE .5CU Fl 039800006080 ENG MAX 08 <A>	16.87N
ENERGIZER MAX D 8-PACK 885196493WEATHERPROOF
BEHR PREM TRANS STN 500 CLR 3102 887480311013 MACH SCR <A>	1.47N
HCH SCRW ZINC PHL FLT #8 X 1-1/4 077089032208 2 0 IN ANGLE <A>	 7.97N BEST TRYLON 2.0 SHRT CUT ALL PAINT 887480075526 NUTS <A>	5.97N
LOCK NUT SS #8-32 25PC
SUBTOTAL	58.13
TA)( EXEMPT
SALES TAX	O 00

636
TOTAL XXXXXXXXXXXXl515 MASTERCARD
AUTH CODE 016950/4205248
Chip Read
AID A0000000041010
P.0.#/JOB NAME. LIBRARY
$58 13
USO$ 58.13
TA
Mastercard
1111oomwmmm1mi1111??111]t  AM
6365 20 70217 06/16/2025 5863
RETURN POLICY DEFINITIONS
POLICY ID DAYS POLICY EXPIRES ON
A	1	90	09/14/2025

Final Details for Order #113-1974383-5961040

Order Placed: June 16, 2025
PO number : Supplies
Amazon.com order number: 113-1974383-5961040
Order Total: $44.57

Business order information
Location: DSD - Wynnfield Lakes
GL code: 59010 Pass Thru-DSD, DPFG, Fac
Billable / Non-Billable: Non-Billable
Cost center: Northeast

Shipped on June 17, 2025													

Items Ordered
1 of: Freshnaps Wet Wipes Bulk - 800 Count Dispens
er
Sold by: Innovent Inc (seller profile) Business Price
Condition: New	

Refill	

+	

Reusable	

Dispenser	

Bucket	

(800	

Wipes)	

Value	

Pack		

For Upward Pull	
Price
$44.57	
Shipping Address:
lina Hernandez
12319 WYNNFIELD LAKES DR JACKSONVILLE, FL 32246-4241	Item(s) Subtotal: Shipping & Handling:	$44.57
$0.00
-----											
United States	Total before tax:	$44.57											
	Sales Tax:	$0.00											
Shipping Speed:		-----											
Standard Shipping	Total for This Shipment:	$44.57											
		-----											

Payment information	
Payment Method:	Item(s) Subtotal: $44.57
MasterCard | Last digits: 1515	Shipping & Handling:	$0.00
Billing address	-----
Wynnfield Lakes CDD	Total before tax: $44.57
5385 N NOB HILL RD	Estimated Tax:	$0.00
SUNRISE, FL 33351-4761	-----
United States
Grand Total: $44.57	
Credit Card transactions	MasterCard ending in 1515: June 17, 2025: $44.57	
To view the status of your order, return to Order Summary .

Final Details for Order #113-1852798-1489044

Order Placed: June 17, 2025
PO number : Bathroom Supplies
Amazon.com order number: 113-1852798-1489044
Order Total: $79.38

Business order information	
Location: DSD - Wynnfield Lakes
GL code: 59010 Pass Thru-DSD, DPFG, Fac
Billable / Non-Billable: Non-Billable
Cost center: Northeast	

Shipped on June 17, 2025									

Items Ordered
1 of: GOJO Green Certified Foam Hand Cleaner, Fragrance of 4)
- 5165-04
Sold by: MyOfficeInnovations/Staples, Inc. (seller profile) Business Price
Condition: New	

Free, 1250	

mL	

Hand	

Soap	

Refill	

FMX-12	

Push-Style Dispenser (Pack	
Price
$79.38	
Shipping Address:
lina Hernandez
12319 WYNNFIELD LAKES DR JACKSONVILLE, FL 32246-4241	Item(s) Subtotal: Shipping & Handling:	$79.38
$0.00
-----							
United States	Total before tax:	$79.38							
	Sales Tax:	$0.00							
Shipping Speed:		-----							
Two-Day Shipping	Total for This Shipment:	$79.38							
		-----							

Payment information	
Payment Method:	Item(s) Subtotal: $79.38
MasterCard | Last digits: 1515	Shipping & Handling:	$0.00
Billing address	-----
Wynnfield Lakes CDD	Total before tax: $79.38
5385 N NOB HILL RD	Estimated Tax:	$0.00
SUNRISE, FL 33351-4761	-----
United States
Grand Total: $79.38	
Credit Card transactions	MasterCard ending in 1515: June 17, 2025: $79.38	
To view the status of your order, return to Order Summary .
? How doers
?	get more done_
12721 ATLANTIC BLVD
JACl<SONVILLE. FL 32225 (904)2200822
6365 00051 48374 06/18/25 03:22 PM SALE CASHIER ANET
887480141504 MASON LINE <A>	3.97N
250' MASON LINE REFILL POLYPRO WHITE
030699723928 PARACORO <A>	5.75N PARACORD POLY PRO WHITE 1/8 IN X 50'
SUBTOTAL	9.72
SALES TAX	0.00
TAX EXEMPT TOTAL $9.72 XXXXXXXXXXXX1515 MASTERCARD USO$ 9.72 AUTH CODE 018890/2515740   TA
Contactless
AID A0000000041010	Mastercard
P.0.#/JOB NAME:UMBRELLA REPAIR
PM
RETURN POLICY DEFINITIONS
POLICY IO DAYS POLICY EXPIRES ON A	1	90	09/16/2025

Final Details for Order #113-9181249-2200267

Order Placed: June 16, 2025
PO number : Supplies
Amazon.com order number: 113-9181249-2200267
Order Total: $128.91

Business order information	
Location: DSD - Wynnfield Lakes
GL code: 59010 Pass Thru-DSD, DPFG, Fac
Billable / Non-Billable: Non-Billable
Cost center: Northeast	

Shipped on June 18, 2025			

Items Ordered	
Price		
1 of: Tork Everwipe Mobile Wet Wipe Buckets White, Resealable, Bucket Compatible with Everwipe Wipes Roll, 2 buckets, 192811	$19.30		
(			
10-BKT-2)			
Sold by: Amazon (seller profile)			
Business Price			
Condition: New			
1 of: Scott Professional Essential High-Capacity Hard Roll Paper Towels, Bulk (02001), Elevated Design, Absorbency Pockets, Wh	$72.93		
ite, for ScottBrand Purple Core Dispensers (6 Rolls at 950' Each, 5,700'/Case)			
Sold by: Amazon (seller profile)			
Business Price			
Condition: New			
Shipping Address:
lina Hernandez
12319 WYNNFIELD LAKES DR JACKSONVILLE, FL 32246-4241
United States

Shipping Speed:
Delivery in fewer trips to your address	Item(s) Subtotal: Shipping & Handling:

Total before tax:
Sales Tax:

Total for This Shipment:	$92.23	
		$0.00	
		-----	
		$92.23	
		$0.00	
		-----	
		$92.23	
		-----	

Shipped on June 19, 2025		

Items Ordered	
Price	
1 of: tchrules Universal Tricep Rope Pull Down - 28 Inch Heavy Rope Length, Easy to Grip & Non Slip Cable Attachment, Suit	$18.04	
able for Professional Gyms (Black)		
Sold by: TCHRULES (seller profile)		
Business Price		
Condition: New		
1 of: TAYLOR TECHNOLOGIES INC R-0013-E CYANURIC ACID 16 OZ	$18.64	
Sold by: SDR Supply (seller profile)		
Condition: New		

Shipping Address:	Item(s) Subtotal:	$36.68
lina Hernandez	Shipping & Handling:	$0.00
12319 WYNNFIELD LAKES DR
JACKSONVILLE, FL 32246-4241	-----
United States	Total before tax:	$36.68
Sales Tax:	$0.00
Shipping Speed:	-----
Delivery in fewer trips to your address	Total for This Shipment:	$36.68
-----	

Payment information	
Payment Method:	Item(s) Subtotal: $128.91
MasterCard | Last digits: 1515	Shipping & Handling:	$0.00
Billing address	-----
Wynnfield Lakes CDD	Total before tax: $128.91
5385 N NOB HILL RD	Estimated Tax:	$0.00
SUNRISE, FL 33351-4761	-----
United States
Grand Total: $128.91	
Credit Card transactions	MasterCard ending in 1515: June 19, 2025: $128.91	
To view the status of your order, return to Order Summary .

Conditions of Use | Privacy Notice © 1996-2020, Amazon.com, Inc.

m!StHowdoers
?	get more doneM
12721 ATLANTIC BLVD
JACKSONVILLE, FL 32225 (904)2200822
6365 00061 99798	06/20/25 12:48 PM SALE CASHIER ASHLEY
070922047001 MOTH BALLS <A> MOTH BALLS 320Z BOX
2@15.97	31.94N
SUBTOTAL	31.94
SALES TAX	0.00
TAX EXEMPT TOTAL $31.94 XXXXXXXXXXXX1515 MASTERCARD tJSD$ 31.94 AUTH CODE 020080/0612092   TA
Contactless
AID A0000000041010	Mastercard
P.0.#/JOB NAME:RODENT CONTROL
PM
RETURN POLICY DEFINITIONS
POLICY ID DAYS POLICY EXPIRES ON A	1	90	09/18/2025
HP Instant Ink
Ink replacement service Printing History Invoice
Billing Cycle from May 22, 2025 - Jun 21, 2025
Billing Date: Jun 23, 2025

** Page counts are not recorded in real time. Printed pages are automatically recorded about once per day and reflected in your Print History on the date they were printed provided that the printer is connected to the Internet via WiFi or Ethernet. If pages are printed when the printer is not connected to the Internet (offline), those pages will be recorded on the date the printer comes back online. Pages printed without using Instant Ink cartridges are not recorded.
*** You have additional charges that will appear in the next billing cycle as your printer is currently offline.
**** You have charges from a previous billing cycle because your printer was offline.
© 2025 HP Development Company, L.P.	Sign in to review or update your account: instantink.hpconnected.com/us/en HP Inc., 1501 Page Mill Road, Palo Alto, CA 94304 USA
650-857-1501

Your receipt from Junk Removal JAX

Job Number:	25836
Service Date:	Jun 27, 2025
Customer Name:	Wynnfield Lakes CDD
Service Address:	12337 Wynnfield Lakes Drive Jacksonville, FL 32246

Services	qty	unit price	amount	
Pool lounge chairs, tabletops and bases	1.0	$450.00	$450.00	
Subtotal			$450.00	

Amount Paid	$450.00

Payment Method	June 27, 2025

mastercard x6505	3:19pm

We appreciate your business and look forward to serving you in the future!

(904) 855-9346 | junkremovaljax@gmail.com http://jaxjunkhaulers.com
The UPS Store •3547 12620 BEACH BLUD STE 3
JACKSOtlUILLE. FL	32246-7130
904-642-1070

Terninal.. .. : POS35478 Enplom....: 336280
Oate. : 6/27/2025 Tine.: 05:26 PH

ITEH NAHE	QTY
PRICE
TOTAL

Hetered Nai1 Ground Advantage		$1.15		
1 @
Tax
1111VOR3HBES1RH	Sl. 15	so.oo		
Tracking Huober				
Subtotal		Sl.15		
Shipping/Other Char9eG
Total tax		$0.00
so.oo		
Total		$1.15		

Cards	
------·--------·-----·---··--....-..-..	

.-, ...	
11.15	
Iteas Designated NR are HOT eligible
for Returns, Refunds or Exchanges.

US Postal Rates Are Subiect ta Surcharge.

I  111111111111111111111  11
1 2 5 06 2 73 5 4 7 B O 498 9 1
Uieu The UPS Store, Inc.'s Privacy notice at https:/ /uuu,theuPsstore,cmi/privacy-pol icy

Win a $250 9ift card
Tell us hou ue're doing for Your chance to Yin a
$250 Amon.cog@ Gift Card, a $100 Anazon.co111? 01ft Card, or a $50 r,nazon.con®Gift Card each nonth. Scan the QR code or 90 to the 1ink to take the survey.

https:/ /uuu.theuPSStore.con/pr

NO PURCHASE NECESSARY. Uoid uhere prohibitad.
Ends 1/31/26. Hust be US resJdent 1? years or older to enter. Linit (1) entry per person Per Nonth.
For Offlci?l Rules visit
https://uuu TheUPSStore. r.on/surveyrules2025

Need Package HelP?
(lost/damed)
Provide details so ue can help: https://online.uPSCePltftl.con/tccp

Get 25% Off Shredding
Spring cleaning ls shredding seasonI
Uislt theupsstore.co?/shred for details.
HASTER m,i,:t?n:i-6505 027360

Final Details for Order #114-6290088-4963437

Order Placed: June 27, 2025
Amazon.com order number: 114-6290088-4963437
Order Total: $46.34

Business order information
Location: DSD - Wynnfield Lakes
GL code: 59010 Pass Thru-DSD, DPFG, Fac
Billable / Non-Billable: Non-Billable
Cost center: Northeast

Shipped on June 27, 2025												

Items Ordered
1 of: Visionis 2 Pack FPC-7491 VIS-7000 Green Square

t, NC, COM and NO Outputs
Sold by: FPC-Security (seller profile) Business Price
Condition: New	

Push	

to	

Exit	

Button	

Stainless	

Steel	

for	

Door	

Access	

Control with LED Ligh	
Price
$46.34	
Shipping Address:
Lina
13700 RICHMOND PARK DR N APT 1309 JACKSONVILLE, FL 32224-4285	Item(s) Subtotal: Shipping & Handling:	$46.34
$0.00
-----										
United States	Total before tax:	$46.34										
	Sales Tax:	$0.00										
Shipping Speed:		-----										
FREE Prime Delivery	Total for This Shipment:	$46.34										
		-----										

Payment information	
Payment Method:	Item(s) Subtotal: $46.34
MasterCard | Last digits: 1515	Shipping & Handling:	$0.00
Billing address	-----
Wynnfield Lakes CDD	Total before tax: $46.34
5385 N NOB HILL RD	Estimated Tax:	$0.00
SUNRISE, FL 33351-4761	-----
United States
Grand Total: $46.34	
Credit Card transactions	MasterCard ending in 1515: June 27, 2025: $46.34	
To view the status of your order, return to Order Summary .

Final Details for Order #114-9088353-0102667

Order Placed: July 2, 2025
Amazon.com order number: 114-9088353-0102667
Order Total: $8.49

Business order information
Location: DSD - Wynnfield Lakes
GL code: 59010 Pass Thru-DSD, DPFG, Fac
Billable / Non-Billable: Non-Billable
Cost center: Northeast

Shipped on July 2, 2025										

Items Ordered
1 of: TEDNETGO Large Gaming Mouse Pad, Waterproof Computer Lo
ng Mousepad Desk Mat for Gamer, Office & Home, Black Sold by: TEDNETGO® Official Shop (seller profile) Condition: New	

Extra	

Large	

Big	

Mouse	

Pad	

with	

Stitched	

Edge, XXL Non-Slip Black	
Price
$8.49	
Shipping Address:
Lina
13700 RICHMOND PARK DR N APT 1309 JACKSONVILLE, FL 32224-4285
United States	Item(s) Subtotal: Shipping & Handling:

Total before tax:	$8.49
$0.00
-----
$8.49								
	Sales Tax:	$0.00								
Shipping Speed:
FREE Prime Delivery	
Total for This Shipment:	-----
$8.49								
		-----								

Payment information	
Payment Method:	Item(s) Subtotal:	$8.49
MasterCard | Last digits: 1515	Shipping & Handling:	$0.00
Billing address	-----
Wynnfield Lakes CDD	Total before tax:	$8.49
5385 N NOB HILL RD	Estimated Tax:	$0.00
SUNRISE, FL 33351-4761	-----
United States
Grand Total:	$8.49	
Credit Card transactions	MasterCard ending in 1515: July 2, 2025: $8.49	
To view the status of your order, return to Order Summary .

Final Details for Order #114-4971630-3581068

Order Placed: July 2, 2025
Amazon.com order number: 114-4971630-3581068
Order Total: $21.57

Business order information
Location: DSD - Wynnfield Lakes
GL code: 59010 Pass Thru-DSD, DPFG, Fac
Billable / Non-Billable: Non-Billable
Cost center: Northeast

Shipped on July 2, 2025	

Items Ordered	Price
1 of: Sprayway Glass Cleaner Foaming Aerosol Spray, 15oz, Pack of 6 | Ammonia-Free, Streakless, Fast-Acting | Cleans & Pol	$21.57
ishes Glass Surfaces | Fresh Scent, Removes Fingerprints, Dust, Dirt, Smoke Film
Sold by: Amazon.com Condition: New	
Shipping Address:	Item(s) Subtotal:	$21.57
Lina	Shipping & Handling:	$0.00
13700 RICHMOND PARK DR N APT 1309
JACKSONVILLE, FL 32224-4285	-----
United States	Total before tax:	$21.57
Sales Tax:	$0.00
Shipping Speed:	-----
FREE Prime Delivery	Total for This Shipment:	$21.57
-----	

Payment information	
Payment Method:	Item(s) Subtotal: $21.57
MasterCard | Last digits: 1515	Shipping & Handling:	$0.00
Billing address	-----
Wynnfield Lakes CDD	Total before tax: $21.57
5385 N NOB HILL RD	Estimated Tax:	$0.00
SUNRISE, FL 33351-4761	-----
United States
Grand Total: $21.57	
Credit Card transactions	MasterCard ending in 1515: July 2, 2025: $21.57	
To view the status of your order, return to Order Summary .