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
Luis Diaz-Rodriguez Mark Oliver
Jeff Lawton

Also present were:

Daniel Laughlin Mary Grace Henley Kyle Sowards
Dan Fagen
Rhonda Mossing by phone
Daniel Harvey

Chairperson Vice Chairman Supervisor Supervisor

District Manager District Counsel District Engineer
Vesta Property Services MBS Capital Markets 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 COD

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 I 5th to better explain what the intention behind the bond is.

On MOTION by Dr. Sweeney seconded by Mr. Oliver with all in favor authorizing Supervisor Sweeney to collaborate with staff on a letter to all residents regarding the bond issuance was approved.

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

On MOTION by Mr. Oliver seconded by Mr. Lawton with all in favor the term sheet from Seacoast Bank was approved.

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.

On MOTION by Dr. Sweeney seconded by Mr. Lawton with all in favor the request from Body Mind Performance to use the athletic field from August through December on Mondays and Tuesdays from 3pm-7pm was approved.

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

SEVENTH 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 Adjournment

On MOTION by Mr. Lawton seconded by Mr. Oliver with all in favor the meeting was adjourned.

SecretaryIAssista