Shingle Creek

Community Development District

Agenda

June 3, 2019

---~-

Shingle Creek

Community Development District

135 W. Central Blvd., Suite 320, Orlando, Florida 32801

Phone: 407-841-5524- Fax: 407-839-1526

May 27, 2019

Board of Supervisors

Shingle Creek Community
Development District

Dear Board Members:

The meeting of the Board of Supervisors of the Shingle Creek Community Development District will be held Monday, June 3, 2019 at 12:00 p.m. at the Oasis Club at ChampionsGate, 1520 Oasis Club Blvd., ChampionsGate, Florida. Following is the advance agenda for the regular meeting:

Board of Supervisors Meeting

1.	Roll Call
2.	Public Comment Period

3.	Organizational Matters

A.	Appointment of Individual to Fulfill the Board Vacancy with a Term Ending November 2021
B.	Administration of Oath of Office to Newly Appointed Board Member
C.	Consideration of Resolution 2019-15 Electing Assistant Secretary
4.	Approval of Minutes of the May 6, 2019 Meeting

5.	Consideration of Proposal from VGlobal Tech to Provide Website Compliance Services
6.	Consideration of Resolution 2019-14 Extending the Terms of Office to Even Years

7.	Consideration of Amendment to Engagement Letter with Latham, Shuker, Eden & Beaudine, LLP for Legal Services
8.	Review and Acceptance of Fiscal Year 2018 Audit Report

9.	Consideration of Professional Engineering Services Agreement with Hamilton Engineering & Surveying, Inc.
10.	Appointment of Audit Committee and Chairman

11.	Discussion of Landscape Turnover
12.	Staff Reports
A.	Attorney
B.	Engineer
C.	District Manager's Report
i.	Approval of Check Registers
ii.	Balance Sheet and Income Statement
iii.	Selection of District Records Office within Osceola County

13.	Other Business
14.	Supervisor's Requests
15.	Adjournment
Audit Committee Meeting

1.	Roll Call
2.	Public Comment Period
3.	Audit Services

A.	Approval of Request for Proposals and Selection Criteria
B.	Approval of Notice of Request for Proposals for Audit Services

C.	Public Announcement of Opportunity to Provide Audit Services

4.	Adjournment

The second order of business is the Public Comment Period where the public has an opportunity to be heard on propositions coming before the Board as reflected on the agenda, and any other items.

The third order of business is the Organizational Matters. Section A is the appoinbnent of individual to fulfill the Board vacancy with a term ending November 2021. Section B is the administration of the Oath of Office to the newly appointed Board member. Section C is the consideration of Resolution 2019-15 electing an Assistant Secretary. A copy of the Resolution is enclosed for your review.

The fourth order of business is the approval of minutes of the May 6, 2019 meeting. The minutes are enclosed for your review.

The fifth order of business is the consideration of proposal from VGlobalTech to provide website compliance services. A copy of the proposal is enclosed for your review.

The sixth order of business is the consideration of Resolution 2019-14 extending the terms of office to even years to coincide with the General Election. A copy of the Resolution is enclosed for your review.

The seventh order of business is the consideration of amendment to the engagement with Latham, Shuker, Eden & Beaudine, LLP for legal services. A copy of the amended engagement letter is enclosed for your review.

The eighth order of business is the review and acceptance of the Fiscal Year 2018 audit report.

A copy of the report is enclosed for your review.

The ninth order of business is the consideration of agreement with Hamilton Engineering & Surveying, Inc. to provide professional engineering services. A copy of the agreement is enclosed for your review.

The tenth order of business is the appointment of the Audit Committee and chairman. There is no back-up material.

The eleventh order of business is the discussion of landscape turnover. This is an open discussion item, and no back-up material is available.

The twelfth order of business is Staff Reports. Section 1 of the District Manager's Report includes the check registers being submitted for approval and Section 2 includes the balance sheet and income statement for review. Section 3 is the selection of a District records office within Osceola County. This is an open discussion item.

Following the adjournment of the Board of Supervisor's meeting, there will be a meeting of the Audit Committee to approve the Request for Proposals, selection criteria and the notice of RFP

for auditing services. Enclosed for your review are copies of the RFP, selection criteria, and RFP notice.

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

Sincerely,
r-~ \---
George S. Flint
District Manager

Cc:

Jan Carpenter, District Counsel
David Reid, District Engineer
Darrin Mossing, GMS

Enclosures

BOARD OF SUPERVISORS

MEETING

SE.CTION 111

SECTl"ON C

RESOLUTION 2019-15

A	RESOLUTION	OF	THE	SHINGLE	CREEK

COMMUNITY	DEVELOPMENT	DISTRICT	ELECTING

_	___________ AS	ASSISTANT

SECRETARY OF THE BOARD OF SUPERVISORS

WHEREAS, the Board of Supervisors of the Shingle Creek Community District desires to elect _ _____________ as an Assistant Secretary.

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD

OF	SUPERVISORS	OF	THE	SHINGLE	CREEK

COMMUNITY DEVELOPMENT DISTRICT:

1.	___________ is elected Assistant Secretary of the Board of Supervisors.

Adopted this 3rd day of June, 2019 .

Secretary/ Assistant Secretary	Chairman/Vice Chairman

M INUTES

MINUTES OF MEETING
SHINGLE CREEK
COMMUNITY DEVELOPMENT DISTRICT

The  regular  meeting  of the  Board of Supervisors  of the  Shingle  Creek  Community

Development District was held on Monday, May 6, 2019 at  12:00 p.m.  at the Oasis Club at

ChampionsGate, 1520 Oasis Club Blvd., ChampionsGate, Florida.

Present and constituting a quorum were:

Rob Bonin

Adam Morgan

Mark Revell

Chairman
Vice Chairman

Assistant Secretary

Also present were:

George Flint

Andrew d' Ade sky

David Reid
Alan Scheerer

Michelle Barr

District Manager
District Counsel

District Engineer
Field Manager

Lennar Homes

FIRST ORDER OF BUSINESS

Roll Call

Mr. Flint called the meeting to order and called the roll.	A quorum was present.

SECOND ORDER OF BUSINESS	Public Comment Period

There being none, the next item followed.

THIRD ORDER OF BUSINESS	Organizational Matters

A.	Acceptance of Resignation of Barry Bichard and Appointment of Individual to Fulfill the Board Vacancy with a Term Ending November 2021

Mr. Flint:	I would ask for a motion to accept Mr. Bichard's resignation.

On MOTION by Mr. Bonin seconded by Mr. Morgan with all in favor Barry Bichard's resignation was accepted.

Mr. Flint:	Are there any nominations at this time to fill that position?	Hearing none, we

will keep this item on the agenda.

May

6,

2019

Shingle

Creek

CDD

B.

C.

Administration of Oath of Office to Newly Appointed Board Member

Consideration of Resolution 2019-15 Electing Assistant Secretary

Mr. Flint:	We will defer these items to the next meeting.

FOURTH ORDER OF BUSINESS	Approval	of  Minutes	of  the	February	25,

2019 and March 4, 2019 Meetings

Mr.	Flint:

You

have  the  minutes  from  the  February  25,  2019  and  March  4,  2019

meetings in your agenda package.  Are there any additions, deletions or corrections?

Mr. Morgan:	I looked over them and they look good.

On MOTION by Mr. Morgan seconded by Mr. Bonin with all in

favor the  minutes  of the February 25,  2019  and  March 4,  2019

meetings were approved, as presented.

FIFTH ORDER OF BUSINESS

Review of Proposals

Engineer

and

Selection

of

District

Mr.  Flint:

At

the  last meeting,  the  Board terminated KPM  Franklin, hired  Hamilton

Engineering & Surveying, Inc. (Hamilton) as the Interim District Engineer and authorized us to

advertise under the Consultants' Competitive Negotiation Act (CCNA) for District engineering

services.	You received two proposals; one from Hamilton and one from CPH.	I understand the

Chairman ranked them prior to the meeting.

Mr.

ranking 95

Mr.

Morgan:	We reviewed the proposals and

points to Hamilton 95 points and 85 points

Flint:	If the Board is satisfied with the

conducted the ranking per Staffs request,

to CPH.

ranking, we need a motion to accept the

Chairman's ranking.

On MOTION by Mr. Bonin seconded by Mr. Morgan with all in

favor accepting the Chairman's ranking as stated was approved.

Mr. Flint:

We

will reach out to Hamilton and get a contract.

SIXTH ORDER OF BUSINESS	Consideration	of	Proposal	from	VGlobal

Tech	to	Provide	Website	Compliance

Services

Mr. Flint:	We can defer action until the next meeting.

2

May 6, 2019	Shingle Creek CDD

SEVENTH ORDER OF BUSINESS	Consideration	of	Resolution	2019-13
Approving	the	Proposed	Fiscal  Year  2020

Budget and Setting a Public Hearing

Mr. Flint:	This doesn't bind the Board in any way.	It just starts the budget process.	We

are suggesting August 5, 2019 at 12:00 p.m. at this location for the public hearing.	Exhibit A is

the Proposed Budget, which is based on the current per unit assessment amounts in Shingle

Creek.	We are not proposing any change to the per unit assessment amounts.	We made some

adjustments to "Landscape Maintenance" and other line items as a result of additional areas

coming online.	The Board will have a chance to review the budget between now and the public

hearing and at the public hearing as well.

On MOTION by Mr. Morgan seconded by Mr. Bonin with all in favor Resolution 2019-13 Approving the Proposed Budget for Fiscal Year 2020 and Setting a Public Hearing for August 5, 2019 at 12:00 p.m. at the Oasis Club at ChampionsGate, 1520 Oasis Club Blvd., ChampionsGate, Florida was adopted.

EIGHTH ORDER OF BUSINESS	ConsiderationofResolution2019-14	
	Extending the Terms of Office to Even Years	

Mr. Flint:  We can defer this item as its not time sensitive.

NINTH ORDER OF BUSINESS	Appointment   of   Audit   Committee   and	
	Chairman	

Mr. Flint:  We can defer this item as well.

TENTH ORDER OF BUSINESS	Ratification	of	Addendum	from	Down	to
Earth for Additional Landscape Areas

Mr. Scheerer:  This item can be deferred.

Mr. Flint:  Those are the business items.  Do you have any more time, Rob?

Mr. Bonin:  Not really.

ELEVENTH ORDER OF BUSINESS	Staff Reports

A.	Attorney

There being none, the next item followed.

B.	Engineer

3

May 6, 2019	Shingle Creek COD

There being none, the next item followed.

C.	District Manager's Report

i.	Approval of Check Registers

ii.	Balance Sheet and Income Statement

Mr. Flint:  We can defer these items.

iii.	Presentation of Number of Registered Voters - 588

Mr. Flint:	At this time,  we will announce that there are  588  registered voters in the

District.

Mr. Bonin:	Wow.

Mr. Morgan:	We are getting close.

TWELFTH ORDER OF BUSINESS	Other Business

There being none, the next item followed.

TIDRTEENTH ORDER OF BUSINESS	Supervisor's Requests

There being none, the next item followed.

FOURTEENTH ORDER OF BUSINESS	Adjournment

On MOTION by Mr. Bonin seconded by Mr. Morgan with all in favor the meeting was adjourned.

Secretary / Assistant Secretary	Chairman/ Vice Chairman

4

. - SECTION V

Shingle

Creek

CDD

Website

Complaince Proposal

(URL:

htt

p:

//www.shin

glecreekcdd.com / )

Website Accessibility for People Nondiscrimination requirements of Title II of

with Disabilities as per

the American Disabilities Act (ADA)

Date		Version#		Comments		Author		

May 25, 2018		1.0			Initial version		VB Joshi		

June 18, 2018		1.1			Added document conversion cost		VB Joshi		
														Kristen Thornburgh		
																
June 21, 2018		1.2			Added WCAG Standards Compliance		VB Joshi		

August 10, 2018		1.3			Added COD Specific details		VB Joshi		
Jan 5	th	2019		1.4			Discussion with Management Company		VB Joshi		

Feb 15	th	2019		2.0			Human Audit Seal		VB Joshi		
																			
								GfobafliSch							

£'"PCAll"CC

t•HOV~r,o#

(~ f~ia►M

BB

Rating:

A+

BBB.

click

for

Profile

VGlobalTech's Compliance Seal & Human

Audit

Compliance Seal*

(*

Human

Audit

Contract required.

Please email

contatt@vglobaltech.com

for

audit

proposal)

CERTIFIED

ACCESSIBLE

By

Analysts

who

are

Blind

&

Visually Impaired

VG/oba/Tech

the ADA,

WCAG

Compliance Experts,

with

over 100

ADA

&

WCAG compliant

websites

created

(.•..

and

counting)

to-date!

We

have also partnered with

a

non-profit

agency

to

conduct Human

Audit

and

Certification Seal

COPYRIGHT

©:

This proposal

is

solely created

by

VGlobalTech team

for

its customers and cannot be

reproduced, copied, modified

or distributed (including

forwarding

to

other customers, competitors,

web

designers etc.)

without

the

written

consent

of

VGlobalTech. Any violations shall be prosecuted.

Private

VGlobalTech.com - Experience Innovation	Page 1 of 13		
Your strategic partner for Web Design, Software, Marketing, and SEO solutions.			
Call: 321-947-7777  I Email: contact@VGlobalTech.com	Intended for. It is		
and Confidential Document. No port of this document shall be produced, sent, copied to any parties .it is not			
intended for the entities listed clearly on this proposal. Any distribution without written consent shall be procecuted.		

Table of Contents

1.0	The Law ..........................................................................................................................................................	3	
2.0	ADA & WCAG Compliance - Introduction ........................................................................................	5	
2.1Common Problems and VGlobalTech Solutions for Website Accessibility .....................	6	
2.1.1	Problem: Images Without Text Equivalents ...........................................................................	6	
2.1.2	Problem: Documents Are Not Posted In an Accessible Format.......................................	6	
2.1.3	Problem: Specifying Colors and Font Sizes .............................................................................	6	
2.1.4	Problem: Videos and Other Multimedia Lack Accessible Features ................................	7	
2.1.5	Web Content Accessibility Guidelines (WCAG) .....................................................................	7	

3.0	Pricing .............................................................................................................................................................	9	
3.1	One time (website conversion and compliance cost): .............................................................	9	
3.2	ADA Compliance Yearly Maintenance and Upgrade starting after initial conversion		
is completed (Annual Maintenance - It is critical to maintain compliance as websites get
updated): ............................................................................................................................................................	10	
4.0	Proposal Acceptance: .............................................................................................................................	12	
5.0	References: ................................................................................................................................................	13	

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Your strategic partner for Web Design, Software, Marketing, and SEO solutions.
Call: 321-947-7777	I Email: contact@VGlobalTech.com

Page 2 of 13

Private and Confidential Document. No part of this document shall be produced, sent, copied to any parties it is not intended for. It is intended for the entities listed clearly on this proposal. Any distribution without written consent shall be procecuted .

1.0 The Law

Source:
http :/ / www.le ~.state.fl.us / statutes / index.cfm? App mode= Display Statute&URL-O 100-

0199 / 0189 / Sections / 0189.069 .html

189.069	Special districts; required reporting of information; web-based public access.-

(1)	Beginning on October 1, 2015, or by the end of the first full fiscal year after its creation, each special district shall maintain an official website containing the information required by this section. Each special district shall submit its official website address to the department.

(a)	Each independent special district shall maintain a separate website.

(b)	Each dependent special district shall be prominently displayed on the home page of the website of the local general-purpose government upon which it is dependent with a hyperlink to such webpages as are necessary to provide the information required by this section. A dependent special district may maintain a separate website providing the information required by this section.

(2)(a) A special district shall post the following information, at a minimum, on the district's official website:

1.	The full legal name of the special district.

2.	The public purpose of the special district.

3.	The name, official address, official e-mail address, and, if applicable, term and appointing authority for each member of the governing body of the special district.

4.	The fiscal year of the special district.

5.	The full text of the special district'scharter, the date of establishment, the establishing entity, and the statute or statutes under which the special district operates, if different from the statute or statutes under which the special district was established. Community development districts may reference chapter 190 as the uniform charter but must include information relating to any grant of special powers.

6.	The mailing address, e-mail address, telephone number, and website uniform resource locator of the special district.

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Private and Confidential Document. No port of this document shall be produced, sent, copied to any parties ii is not intended for. It is intended for the entities listed clearly on this proposal. Any distribution without written consent shall be procecuted.

7.	A description of the boundaries or service area of, and the services provided by, the special district.

8.	A listing of all taxes, fees, assessments, or charges imposed and collected by the special district, including the rates or amounts for the fiscal year and the statutory authority for the levy of the tax, fee, assessment, or charge. For purposes of this subparagraph, charges do not include patient charges by a hospital or other health care provider.

9.	The primary contact information for the special district for purposes of communication from the department.

10.	A code of ethics adopted by the special district, if applicable, and a hyperlink to generally applicable ethics provisions.

11.	The budget of the special district and any amendments thereto in accordance with s.189.016.

12.	The final, complete audit report for the most recent completed fiscal year and audit reports required by law or authorized by the governing body of the special district.

13.	A listing of its regularly scheduled public meetings as required by s. 189.015(1).

14.	The public facilities report, if applicable.

15.	The link to the Department of Financial Services'website as set forth in s. 218.32(1)(g).

16.	At least 7 days before each meeting or workshop, the agenda of the event, along with any meeting materials available in an electronic format, excluding confidential and exempt information. The information must remain on the website for at least 1 year after the event.

(b)	The department'swebsite list of special districts in the state required under

	s. 189.0Glshall include a link for each special district that provides web-based access to the public for all information and documentation required for submission to the department pursuant to subsection

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Page 4 of 13

Private and Confidential Document. No part of this document shall be produced, sent. copied to any parties it is not intended for. It is i~tended for the entities listed clearly on this proposal. Any distribution without written consent shall be procecuted.

2.0 ADA & WCAG Compliance -  Introduction

Every individual must have equal access to information whether it is in person service or online.

This is a general agreement and understanding of access.

The Internet has dramatically changed the way state and local governments do business. Today, government agencies routinely make much more information about their programs, activities, and services available to the public by posting it on their websites. As a result, many people can easily access this information seven day a week, 24 hours a day.

Many government services and activities are also provided on websites because the public is able to participate in them at any time of day and without the assistance of government personnel. Many government websites offer a low cost, quick, and convenient way of filing tax returns, paying bills, renewing licenses, signing up for programs, applying for permits or funding, submitting job applications, and performing a wide variety of other activities.

The Americans with Disabilities Act (ADA) and, if the government entities receive federal funding, the Rehabilitation Act of 1973 generally require that state and local governments provide qualified individuals with disabilities equal access to their programs, services, or activities unless doing so would fundamentally alter the nature of their programs, services, or activities or would impose an undue burden. One way to help meet these requirements is to ensure that government websites have accessible features for people with disabilities, using the simple steps described in this document. An agency with an inaccessible website may also meet its legal obligations by providing an alternative accessible way for citizens to use the programs or services, such as a staffed telephone information line. These alternatives, however, are unlikely to provide an equal degree of access in terms of hours of operation and the range of options and programs available.

The World Wide Web Consortium (W3C) sets the main international standards for the World Wide Web and its accessibility. W3C created the Web Content Accessibility Guidelines (WCAG 2.0 and 2.1) which are similar to Section 508, but on an international level. WCAG 2.0 and 2.1 requires specific techniques for compliance and is more current than Section 508.

Many countries and international organizations require compliance with WCAG 2.0 and 2.1. The guidelines are categorized into three levels of compliance: A (must support), AA (should support), and AAA (may support). Representatives from the accessibility community around the world participate in the evolution of these guidelines.

Source: https: / /www.w3.org/WAI / standards- guidelines /wcag I

Visit http://v~Iobaltech.com /website-compliance / for more details, do a website compliance check on your website and to download a PDF proposal.

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Your strategic partner for Web Design, Software, Marketing. and SEO solutions.
Call: 321 -947-7777	I Email: contact@VGlobolTech.com

Page 5 ol 13

Private ond Confidential Document. No part of this document shall be produced, sent, copied to any parties ii is not intended for. It is intended for the entities listed clearly on this proposal. Any distribution without written consent shall be procecuted .

2.1 Common Problems and VGlobalTech Solutions for Website Accessibility

2.1.1	Problem: Images Without Text Equivalents

Solution: Add

a

Text

Equivalent

to

Every Image

Adding a line of simple HTML code to provide text for each image and graphic will enable a
user with a vision disability to understand what it is. Add a type of HTML tag, such as an
"alt" tag for brief amounts of text or a "longdesc" tag for large amounts, to each image and
graphic on your agency's website.

The words in the tag should be more than a description. They should provide a text
equivalent of the image. In other words, the tag should include the same meaningful
information that other users obtain by looking at the image. In the example of the mayor's
picture, adding an "alt" tag with the words "Photograph of Mayor Jane Smith" provides a
meaningful description.

In some circumstances, longer and more detailed text will be necessary to convey the same
meaningful information that other visitors to the website can see. For example, a map
showing the locations of neighborhood branches of a city library needs a tag with much
more information in text format. In that instance, where the map conveys the locations of
several facilities, add a "longdesc" tag that includes a text equivalent description of each
location shown on the map - e.g., "City Center Library, 433 N. Main Street, located on North
Main Street between 4th Avenue and 5th Avenue."

2.1.2

Problem:

Documents Are

Not

Posted

In

an

Accessible Format

Solution: Post Documents in a Text-Based Format

Always provide documents in an alternative text-based format, such as HTML or RTF (Rich

Text Format), in addition to PDF. Text-based formats are the most compatible with assistive
technologies.

2.1.3	Problem: Specifying Colors and Font Sizes

Solution: Avoid Dictating Colors and Font Settings

Websites should be designed so they can be viewed with the color and font sizes set in
users' web browsers and operating systems. Users with low vision must be able to specify
the text and background colors as well as the font sizes needed to see webpage content.

Private

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Your strategic partner for Web Design. Software, Marketing, and SEO solutions.
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and Confidential Document. No part of this document shall be produced, sent, copied to any parties it is not intended for. It is
Intended for the entities listed clea~y on this proposal. Any distribution without written consent shall be procecuted.

2.1.4

Problem: Videos and

Other Multimedia

Lack

Accessible Features

Solution: Include Audio Descriptions and Captions

Videos need to incorporate features that make them accessible to everyone. Provide audio
descriptions of images (including changes in setting, gestures, and other details) to make
videos accessible to people who are blind or have low vision. Provide text captions
synchronized with the video images to make videos and audio tracks accessible to people
who are deaf or hard of hearing.

2.1.5

Web

Content Accessibility Guidelines (WCAG)

Understanding the

Four Principles

of

AccessibiJity

The guidelines and Success Criteria are organized
which lay the foundation necessary for anyone to
wants to use the Web must have content that is:

around the following four principles,
access and use Web content. Anyone who

1.

Perceivable - Information and user interface components must be presentable to
users in ways they can perceive.

o	This means that users must be able to perceive the information being
presented (it can't be invisible to all of their senses)

2.

Operable

-

User interface components and

navigation

must

be operable.

3.

o	This means that users must be able to operate the interface (the interface
cannot require interaction that a user cannot perform)

Understandable - Information and the operation of user interface must be
understandable.

o	This means that users must be able to understand the information as well as
the operation of the user interface (the content or operation cannot be beyond
their understanding)

4.

Robust - Content must be robust enough that it can be interpreted reliably by a wide variety of user agents, including assistive technologies.

o	This means that users must be able to access the content as technologies
advance (as technologies and user agents evolve, the content should remain
accessible)

If any of these are not true, users with

the Web.

disabilities will

not

be

able

to

use

Private

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Your strategic partner for Web Design, Software, Marketing, and SEO solutions.
Call: 321-947-7777	I Email: contact@VGlobalTech.com
and Confidential Document. No port of this document shall be produced , sent, copied to any parties it is not intended for. It is
intended for the entities listed clearly on this proposal. Any distribution without written consent shall be procecuted .

Under each of the principles are guidelines and Success Criteria that help to address these principles for people with disabilities. There are many general usability guidelines that make content more usable by all people, including those with disabilities. However, in WCAG 2.1, we only include those guidelines that address problems particular to people with disabilities. This includes issues that block access or interfere with access to the Web more severely for people with disabilities.

See reference section at the end of this document for more information and websites for ADA, Usability and other important compliance issues and solutions.

VGlobalTech development and business management team shall study these compliance guidelines and with our technical capabilities apply these to make your website accessible, compatible and fully functional for all people, including those with disabilities.

Upon full remediation the CDD Website shall receive VGlobalTech's and Human Audit Compliance Seals

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Private ond Confidential Document. No port of this document shall be produced. sent, copied to ony parties it is not intended for. II is intended for the entities listed clearly on this proposal. Any distribution without written consent shall be procecuted .

3.0 Pricing

Website Complexity: Small Level Websites

VGlobalTech team shall complete the following critical tasks for client website.

All costs below are per website/ CDD:

3.1 One time (website conversion and compliance cost}:

Task

1.	Perform ADA Website Compliance Check for current website - Update ALL webpages on the website/ Create new website with all current content. Create an accessibility before and after document, code review, html updates, plugins

/	security updates required for ADA and WCAG compliance

2.	Cross-Device Check (Website needs to appear as per ADA standards on Mobile Phones, Tablets, Desktops etc). Braille Readers, Other assistance technology compatibility
3.	ADA Standards application (as per Section 1 above). ADA.gov, Web Content

	Accessibility Guidelines (WCAG)

4.	PDF Documents conversion (to Text, HTML etc) as needed for ADA Compliance

/	Reader Compliance

5.	Create a webpage showing websites ADA Compliance efforts

6.	Create customized footer with VGlobalTech'sADA Compliance Seal (valid for 1 year only)

Total (one-time compliance/ conversion cost): $2375 /onetime

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Private and Confidential Document. No part of this document shall be produced. sent. copied to any parties it is not Intended for. It Is Intended for the entities listed clearly on this proposal. Any distribution without written consent shall be procec uted .

3.2 ADA Compliance Yearly Maintenance and Upgrade starting after initial

conversion is completed (Annual Maintenance - It is critical to maintain compliance as websites get updated):

VGlobalTech team shall complete the following critical tasks for client website.

All costs below are per website/ COD:

Task

1.	Perform ADA Website Compliance Check for current website - All new webpages on the website

2.	Cross-Device Check (Website needs to appear as per ADA standards on Mobile Phones, Tablets, Desktops etc)

3.	Update footer with VGlobalTech'sADA Compliance Seal (extended for current year)

4.	Support (upto 8 hr/ month) for the year including updates to newly added

pages, upgrade to new standards (if any). Posting new documents, minutes, agendas etc to the websites as needed - Worry Free Monthly Maintenance.

5.	PDF Documents conversion (to Text, HTML etc) as needed for ADA Compliance/ Reader Compliance - Upto 2 years of documents only as required by Florida Statute

Annual Maintenance (starts after initial compliance engagement quoted above section is complete): $1350 / year
(can be broken up into smaller monthly bills)

VGlobalTech.com -Experience Innovation

Your strategic partner for Web Design. Software, Marketing, and SEO solutions.
Call: 321-947-7777	I Email: contact@VGlobalTech.com

Page 10 of 13

Private ond Confidential Document. No port of this document shall be produced, sent, copied to ony parties it Is not intended for. II is intended for the entities listed clearly on this proposal. Any distribution without written consent shall be procecuted .

This proposal includes following points, stipulations terms and conditions:

*(1) conference call or in person meetings per month with client to review metrics, results and monthly recaps *unless otherwise noted

* email and phone communication

*Anything out of the scope of work in the above proposal will be addressed and client will be immediately notified. After notification of additional work, a subsequent quote will be provided to cover that work.

*Client is responsible to adhering to timelines as far as information required to complete the task is concerned. If timelines are not adhered to and exceed 15 business days past the current marketing months, last day, all work will end. A new month with new allocated costs will be presented for future work to commence. No refunds and owed work will be due unless otherwise agreed upon. An Invoice will be provided once signature approval of this project proposal. Payments will be made to VGLOBALTECH

*Client is responsible for verifying quality of work, providing feedback, verifying that compliance has been met as required. VGlobalTech team shall not be responsible for any legal ramifications arising from work not done as per external agencies/ organizations/ associations needs if proper feedback is not provided by the customer. VGlobalTech'swork will be in best faith but cannot guarantee all compliance/ legal needs since we are not the SME'sin the compliance area .VGlobalTech shall not be liable for any legal ramifications arising from compliance issues.

Refund Policy: The client may halt work and request for a refund within seven days of the date of signing this services agreement by mailing a signed letter to the main address listed on www.VGlobalTech.com website. If client requests a refund within seven days of the date of signing their agreement they shall be liable to pay for all work completed and will be refunded the remaining balance of the initial payment if billable work has not exceeded a charge that would be greater than client'sinitial payment. If client requests a refund after the seven days from the date of the signing of the agreement client is liable to pay for all work completed plus an additional 25% of any remaining balance that may still be due. Once line item projects are complete no refunds will be issued. Confidentiality: All information between client and service provider inclusive of technical and business information relating to proprietary ideas, patentable ideas and/or trade secrets, existing and/or contemplated products and services, research and development, production, costs, profit and margin information, finances and financial projections, customers, clients, marketing, and current or future business plans and models, regardless of whether such information is designated as "Confidential Information" at the time of its disclosure and will be treated as such and with absolute confidentiality and will not be shared or used, which will be maintained at all times. The client is not allowed to disclose their price with any third parties. Doing so is in breach of this agreement. All information development will be shared and proprietary information and property between client and service providers.

VGlobalTech.com - Experience Innovation

Your strategic partner for Web Design, Software, Marketing, and SEO solutions.
Call: 321-947-7777	I Email: contact@VGlobalTech .com

Page 11 of 13

Private and Confidential Document. No part of this document shall be produced, sent, copied to any parties it is not intended for. It is intended for the entities listed clearly on this proposal. Any distribution without written consent shall be procecuted .

4.0 Proposal Acceptance:

To accept these project, associated costs and conditions as listed above please sign and date below.

The VG/oba/Tech proposed solution and terms have been accepted by the customer and the VG/oba/Tech team can proceed with the project. All payments shall be made according to this agreement.

Select Proper Option Below, Sign and Date, Return to contact@vglobaltech.com:

□	Section 3.1: One time (website conversion and compliance cost):

□	Section 3.1: One time (website conversion and compliance cost)

+

Section 3.2 ADA Compliance Yearly Maintenance and Upgrade starting after initial conversion is completed (Annual Maintenance - It is critical to maintain compliance as websites get updated):

For Customer	Date

VB Joshi

For VGlobalTech	Date

VGlobalTech.com - Experience Innovation

Your strategic partner for Web Design. Software, Marketing. and SEO solutions.
Call: 321-947-7777	I Email: contact@VGlobalTech .com

Page 12 of 13

Private and Confidential Document. No port of this document shall be produced. sent, copied to any parties it is not intended for. It is intended for the entities listed clearly on this proposal. Any distribution without written consent shall be procecuted .

5.0 References:

ADA Best Practices Tool Kit for State and Local Governments:

https://www.ada.gov/pcatoolkit/ cha p5too1kit.htm

U.S. Department of Justice, Civil Rights Division, Disability Rights Section https://www.ada. gov/ websites2.htm

Web design Standards: htt ps://www.w3schoo1s.com/

Web Content Accessibility Guidelines (WCAG) https: //www.w3.org/TR/ WCAG21/

VGlobalTech Web Content Accessibility Implementation and Checkpoints:

http://vglobaltech.com/ website-com pliance/

GobalTech
€XP£'11£,,C£	INI/OVATIOII

l !! i;iji4 BBB Ratin9: A+

BBB. Miil!lfiiiMliil CIiek for Profile

VGlobalTech.com -Experience Innovation

Your strategic partner for Web Design, Software. Marketing, and SEO solutions.
Call: 321-947-7777	I Email: contact@VGlobalTech.com

Page 13 of 13

Private and Confidential Document. No part of this document shall be produced, sent. copied to any parties it is not intended for. It is intended for the entities listed clearly on this proposal. My distribution without written consent shall be procecuted.

-··-•--;---:~

SECTION VI

RESOLUTION 2019-14

A RESOLUTION OF THE BOARD OF SUPERVISORS OF
THE	SIDNGLE	CREEK	COMMUNITY  DEVELOPMENT

DISTRICT EXTENDING THE TERMS OF OFFICE OF ALL

CURRENT	SUPERVISORS	TO	COINCIDE	WITH	THE

GENERAL ELECTION PURSUANT TO SECTION 190.006,
FLORIDA	STATUTES;	PROVIDING	FOR

SEVERABILITY; AND PROVIDING AN EFFECTIVE DATE.

WHEREAS, the Shingle Creek Community Development District (the "District") is a local unit of special purpose government created and existing pursuant to Chapter 190, Florida Statutes; and

WHEREAS, the current members of the Board of Supervisors (the "Board") were elected by the landowners within the District based on a one acre/one vote basis; and

WHEREAS, Chapter 190, Florida Statutes, authorizes the Board to adopt a resolution extending or reducing the terms of office of Board members to coincide with the general election in November; and

WHEREAS, the Board of Supervisors finds that it is in the best interests of the District to adopt this Resolution extending the terms of office of all current Supervisors of the District.

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD

OF	SUPERVISO:RS	OF	THE	SIDNGLE	CREEK
COMMUNITY DEVELOPMENT DISTRICT:

SECTION 1. The following terms of office are hereby extended to coincide with the general election to be held in November of 2020:

Seat #3	(currently held by Adam Morgan)
Seat#4	(currently held by Mark Revell)
Seat#5	(currently held by Rob Bonin)

The following terms of office are hereby extended to coincide with the general election to be held in November of 2022:

Seat #1	(currently Vacant)
Seat #2	(currently held by Joe Catanzaiiti, Jr.)

SECTION 2. If any provision of this Resolution is held to be illegal or invalid, the other provisions shall remain in full force and effect.

SECTION 3. This Resolution shall become effective upon its passage and shall remain in effect unless rescinded or repealed.

PASSED AND ADOPTED this 3rd day of June, 2019.

ATTEST:	SHINGLE CREEK COMMUNITY

DEVELOPMENT DISTRICT

Print Name: -  -----  --	Print Name: -  -----  -----	
Secretary/ Assistant Secretary	Chairperso nNice Chairperson,	
	Board of Supervisors	

2

····~

SECTION

VI-I

LATHAM, SHUKER, EDEN & BEAUDINE, LLP

ATTORNEYS AT LAW

MICHAEL J. BEAUDINE	111 NORTH MAGNOLIA AVENUE, SUITE 1400	BRUCI! D. KNAPP		
MICHAEL G. CANDlOTTI	ORLANDO, FLORIDA 3280 I	PETER G. LATHA."1		
JAN A. CARPENTER	POST OFFICE BOX 3353	JUSTJN M . LUNA		
DANlEL H. C0ULT0ff		P4TR1CIA R. MCCONNELL		
	ORLANDO, FLORIDA 32802			
ANDREWC. D'AoosKY		LoRJT. MILYAIN		
	TELEPHONE: (407) 481-5800			
MNUANI! L DoRRIS		R. SCOTT S!!1.JJqlR		
	FACSIMJLE: (407)481 -5801			
JHNNll'ER S. EDEN		JONATHAN A. STIMLER		
DOROTHY F. GREEN	WWW.L  EBLAW.COM	Cl!RISTJNA Y. TAYLOR		
JOSHUA D. GROSSHANS		KRISTEN E. TRUCCO		
KATHRYN A. HUYNH		DANIEL A. VELASQUEZ		
		EMAIL:		
		JCARPENTER(izll.SEBU\W.COM		
May 6, 2019

Shingle Creek Community Development District

Board of Supervisors

c/o George Flint, District Manager

Governmental Management Services - Central Florida, LLC

135 W. Central Blvd., Suite 320
Orlando, Florida 32801

Dear Supervisors:

This letter is written to amend and update the first paragraph of Section 2 of our firm's engagement letter, for our services as District Counsel. Please note that we have not increased our legal rates since 2016. The rates set forth below are lower than our standard 2019 billing rates. We do not anticipate this change will affect the amount budgeted for legal fees for the District for the upcoming fiscal year.

2.	LEGAL FEES

The Firm will receive compensation for work done in connection with the general counsel services provided at the following rates (beginning October 1, 2019):

For Services Rendered:

$340.00 per hour for Attorney/Shareholders (a $5.00/hr. increase)

$250.00 per hour for Attorney/Non-Shareholders (a $5.00/hr. increase)

$105.00 per hour for Paralegals/Legal Assistants (no increase)

Our fees will be based upon the ethical rules governing our practice. The amount of each fee will be the fair value of the services provided, talcing into account the time spent, the nature of the services performed, the expertise required, the size and scope of the matter, the results obtained, the emergency nature of any request for services by the District, and other relevant considerations. The District has retained the Firm to provide general legal representation in connection with the ongoing matters of the District. The District has not retained the Firm to provide legal representation or advice in any other areas of law unrelated to that representation (for example, we are not providing litigation, bankruptcy or bond counsel services at this time). Should the need for those services arise, we will

Shingle Creek Community Development District

May 6, 2019

Page2

either refer the work, with your approval, to the attorneys in our Firm who handle that type of legal work and who will bill their services at their normal billing rates, or we will advise you to seek outside counsel to provide those specialized legal services. For services rendered by the Finn, fees invoiced to the District will be the Firm's internally established hourly rates for each of the Firm's attorneys and paralegals. These hourly rates may be adjusted from time to time as determined by the Firm, but no more than one time per year.

The terms and conditions of our prior engagement letter will remain in effect.

Very truly yours,

Latham, Shuker, Eden & Beaudine, LLP

ACKNOWLEDGED AND ACCEPTED BY:

SHINGLE CREEK COMMUNITY DEVELOPMENT DISTRICT

By: ___________	___

Print: _	_	______________

Title:________________

Date: _____	______	_	___	_

SECTION VI 11

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6HSWHPEHU

6KLQJOH&UHHN&RPPXQLW\

'HYHORSPHQW'LVWULFW

MCDIRMIT Ill DA VIS

CERTIFIED PUBLIC ACCOUNTANTS AND ADVISORS

SHINGLE CREEK COMMUNITY DEVELOPMENT DISTRICT

TABLE OF CONTENTS

Year Ended September 30, 2018

I.  Financial Section:	Page		
			
Independent Auditor's Report	1		
Management's Discussion and Analysis	3		
Financial Statements:			
Government-Wide Financial Statements:			
Statement of Net Position	7		
Statement of Activities	8		
Fund Financial Statements:			
Balance Sheet - Governmental Funds	9		
Statement of Revenues, Expenditures and Changes in Fund Balances -			
Governmental Funds	10		
Reconciliation of the Statement of Revenues, Expenditures and			
Changes in Fund Balances of Governmental Funds			
to the Statement of Activities	11		
Statement of Revenues, Expenditures and Changes in Fund Balance -			
Budget and Actual - General Fund	12		
Notes to Financial Statements	13		
II. Compliance Section:			
Independent Auditor's Report on Internal Control over Financial Reporting and on			
Compliance and Other Matters Based on an Audit of Financial Statements			
Performed in Accordance with Government Auditing Standards	25		
Management Comments	27		
Independent Auditor's Report on Compliance with the Requirements			
of Section 218.415, Florida Statutes	29		

MCDIRMIT Ill DAVIS

CERTIFIED PUBLIC ACCOUNTANTS AND ADVISORS

INDEPENDENT AUDITOR'S REPORT

To the Board of Supervisors

Shingle Creek Community Development District

Report on the Financial Statements

We have audited the accompanying financial statements of the governmental activities and each major fund of the Shingle Creek Community Development District (the “District”), as of and for the year ended September 30, 2018, and the related notes to the financial statements which collectively comprise the District’s basic financial statements as listed in the table of contents.

Management’s Responsibility for the Financial Statements

The District’s management is responsible for the preparation and fair presentation of these financial statements in accordance with accounting principles generally accepted in the United States of America; this includes the design, implementation and maintenance of internal control relevant to the preparation and fair presentation of financial statements that are free from material misstatement, whether due to fraud or error.

Auditor’s Responsibility

Our responsibility is to express opinions on these financial statements based on our audit. We conducted our audit in accordance with auditing standards generally accepted in the United States of America and the standards applicable to financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free from material misstatement.

An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the financial statements. The procedures selected depend on the auditor’s judgment, including the assessment of the risks of material misstatement of the financial statements, whether due to fraud or error. In making those risk assessments, the auditor considers internal control relevant to the entity’s preparation and fair presentation of the financial statements in order to design procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the entity’s internal control. Accordingly, we express no such opinion. An audit also includes evaluating the appropriateness of accounting principles used and the reasonableness of significant accounting estimates made by management, as well as evaluating the overall presentation of the financial statements.

We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinions.

MCDIRMIT DAVIS & COMPANY, LLC

934 N. MAGNOLIA AVENUE, SUITE 100 ORLANDO, FLORIDA 32803

T: 407-843-5406 │ F: 407-649-9339 │ WWW.MCDIRMITDAVIS.COM

1

Opinions

In our opinion, the financial statements referred to above present fairly, in all material respects, the respective financial position of the governmental activities, and each major fund of the Shingle Creek Community Development District, as of September 30, 2018, and the respective changes in financial position thereof and the respective budgetary comparison for the General Fund for the year then ended in accordance with accounting principles generally accepted in the United States of America.

Other Matters

Required Supplementary Information

Accounting principles generally accepted in the United States of America require that the management’s discussion and analysis starting on page 3, be presented to supplement the basic financial statements. Such information, although not a part of the basic financial statements, is required by the Governmental Accounting Standards Board, who considers it to be an essential part of financial reporting for placing the basic financial statements in an appropriate operational, economic or historical context. We have applied certain limited procedures to the required supplementary information in accordance with auditing standards generally accepted in the United States of America, which consisted of inquiries of management about the methods of preparing the information and comparing the information for consistency with management’s responses to our inquiries, the basic financial statements, and other knowledge we obtained during our audit of the basic financial statements. We do not express an opinion or provide any assurance on the information because the limited procedures do not provide us with sufficient evidence to express an opinion or provide any assurance.

Other Reporting Required by Government Auditing Standards

In accordance with Government Auditing Standards, we have also issued a report dated May 13, 2019, on our consideration of the Shingle Creek Community Development District’s, internal control over financial reporting and our tests of its compliance with certain provisions of laws, regulations, contracts, grant agreements and other matters. The purpose of that report is to describe the scope of our testing of internal control over financial reporting and compliance and the results of that testing, and not to provide an opinion on the internal control over financial reporting or on compliance. That report is an integral part of an audit performed in accordance with Government Auditing Standards in considering the District’s internal control over financial reporting and compliance.

Orlando, Florida

May 13, 2019

2

MANAGEMENT’S DISCUSSION AND ANALYSIS

Our discussion and analysis of the Shingle Creek Community Development District (the “District”) financial accomplishments provide an overview of the District’s financial activities for the year ended September 30, 2018. Please read it in conjunction with the District’s Independent Auditor’s Report, financial statements and accompanying notes.

This information is being presented to provide additional information regarding the activities of the District and to meet the disclosure requirements of Government Accounting Standards Board Statement (GASB) No. 34, Basic Financial Statements - and Management’s Discussion and Analysis - for State and Local Governments issued June 1999.

Financial Highlights

	The assets of the District exceeded its liabilities at September 30, 2018 by $46,567,017, a decrease of $445,461 in comparison with the prior year.

	At September 30, 2018, the District’s governmental funds reported a combined fund balance of $1,986,169, a decrease of $6,440,497 in comparison with the prior year.

Overview of the Financial Statements

This discussion and analysis is intended to serve as an introduction to the Shingle Creek Community Development District’s financial statements. The District’s financial statements comprise three components: 1) government-wide financial statements, 2) fund financial statements and 3) notes to financial statements.

Government-Wide Financial Statements

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

The statement of net position presents information on all of the District’s assets and liabilities, with the difference between the two reported as net position. Over time, increases or decreases in net position may serve as a useful indicator of whether the financial position of the District is improving or deteriorating.

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

The government-wide financial statements include all governmental activities that are principally supported by special assessment revenues. The District does not have any business-type activities. The governmental activities of the District include general government and maintenance and operations related functions.

3

MANAGEMENT’S DISCUSSION AND ANALYSIS (CONTINUED)

Fund Financial Statements

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

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

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

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

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

Notes to Financial Statements

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

Government-Wide Financial Analysis

Statement of Net Position - The District’s net position was $46,567,017 at September 30, 2018. The following analysis focuses on the net position of the District’s governmental activities.

4

MANAGEMENT’S DISCUSSION AND ANALYSIS (CONTINUED)

Government-Wide Financial Analysis (Continued):

Shingle Creek Community Development District

Statement of Net Position

		September 30,			September 30,	
			2018				2017	
Assets, excluding capital assets		$	1,997,062		$	8,453,430	
Capital Assets, net of depreciation			65,523,056				59,883,848	
Total assets			67,520,118				68,337,278	
Liabilities, excluding long-term liabilities			452,561				473,870	
Long-term Liabilities			20,500,540				20,850,930	
Total liabilities			20,953,101				21,324,800	
Net Position:								
Net investment in capital assets			45,033,268				45,537,878	
Restricted for debt service			1,199,438				1,176,121	
Unrestricted			334,311				298,479	
Total net position	$	46,567,017	$	47,012,478	

The following is a summary of the District’s governmental activities for the fiscal years ended September 30, 2018 and 2017.

Revenues:

Program revenues

Total revenues

Expenses:

General government

Maintenance and operations

Interest on long-term debt

Total expenses

Change in net position

Net position - beginning of year Net position - ending

Changes in Net Position

Year ended September 30,

2018	2017

$	1,865,531	$	1,864,891

1,865,531	1,864,891

115,505	123,637

1,124,786	1,067,520

1,070,701	1,083,706

2,310,992	2,274,863

(445,461)	(409,972)

47,012,478	47,422,450

$	46,567,017	$	47,012,478

5

MANAGEMENT’S DISCUSSION AND ANALYSIS (CONTINUED)

Government-Wide Financial Analysis (Continued):

As noted above and in the statement of activities, the cost of all governmental activities during the year ended September 30, 2018 was $2,310,992. The majority of these costs are comprised of maintenance and operations and interest on long-term debt.

Financial Analysis of the Government’s Funds

The District uses fund accounting to ensure and demonstrate compliance with finance related legal requirements. The focus of the District’s governmental funds is to provide information on near-term inflows, outflows and balances of spendable resources. Such information is useful in assessing the District’s financing requirements. In particular, unassigned fund balance may serve as a useful measure of a government’s net resources available for spending at the end of the fiscal year. At September 30, 2018, the District’s governmental funds reported combined ending fund balances of $1,986,169. Of this total, $19,653 is nonspendable, $1,651,858 is restricted and $314,658 is unassigned.

The fund balance of the general fund increased $35,832 due to special assessment revenue exceeding expenditures. The debt service fund balance increased $17,879. The capital projects fund decreased $6,494,208 due to capital outlay expenditures.

General Fund Budgetary Highlights

An operating budget was adopted and maintained by the governing board for the District pursuant to the requirements of Florida Statutes. The budget is adopted using the same basis of accounting that is used in preparation of the fund financial statements. There were no amendments to the September 30, 2018 general fund budget. The legal level of budgetary control is at the fund level.

Capital Asset and Debt Administration

Capital Assets - At September 30, 2018, the District had $65,523,056 invested in infrastructure, net of accumulated depreciation. More detailed information about the District’s capital assets is presented in the notes to the financial statements.

Capital Debt - At September 30, 2018, the District had $20,760,000 in bonds outstanding. More detailed information about the District’s capital debt is presented in the notes to the financial statements.

Requests for Information

If you have questions about this report or need additional financial information, contact the Shingle Creek Community Development District’s Finance Department at 135 W. Central Blvd, Suite 320, Orlando, Florida 32801.

6

FINANCIAL STATEMENTS

SHINGLE CREEK COMMUNITY DEVELOPMENT DISTRICT STATEMENT OF NET POSITION September 30, 2018

	Governmental		
Assets:		Activities		
				
Cash	$	319,378		
Assessments receivable		88,299		
Receivables		3,400		
Prepaid costs		19,653		
Restricted assets:				
Temporarily restricted investments		1,566,332		
Capital assets:				
Capital assets not being depreciated		42,247,326		
Capital assets being depreciated, net		23,275,730		
Total assets		67,520,118		
Liabilities:				
Accounts payable and accrued expenses		10,893		
Accrued interest payable		441,668		
Noncurrent liabilities:				
Due within one year		370,000		
Due in more than one year		20,130,540		
Total liabilities		20,953,101		
Net Position:				
Net investment in capital assets		45,033,268		
Restricted for debt service		1,199,438		
Unrestricted		334,311		
Net position	$	46,567,017		

The accompanying Notes to Financial Statements are an integral part of this statement. 7

SHINGLE CREEK COMMUNITY DEVELOPMENT DISTRICT

STATEMENT OF ACTIVITIES

Year Ended September 30, 2018

																	Net (Expense)	
																		Revenue and	
																	Changes in Net	
											Program Revenue					Position	
								Charges			Operating Grants	Capital Grants				
								for				and		and		Governmental	
Functions/Programs			Expenses		Services				Contributions	Contributions			Activities	
Governmental activities:																		
General government		115,505					33,838	$	-		$	-	$	(81,667)	
Physical environment		1,124,786					329,511				-			-			(795,275)	
Interest on long-term debt		1,070,701					1,423,723				20,685			57,774			431,481	
Total governmental activities	$	2,310,992				$	1,787,072			$	20,685		$	57,774			(445,461)	
		General Revenues:												-	
			Change in net position										(445,461)	
		Net Position - beginning										47,012,478	
		Net Position - ending									$	46,567,017	

The accompanying Notes to Financial Statements are an integral part of this statement. 8

SHINGLE CREEK COMMUNITY DEVELOPMENT DISTRICT

BALANCE SHEET

GOVERNMENTAL FUNDS

September 30, 2018

												Total		
									Capital		Governmental		
Assets:		General				Debt Service			Projects			Funds		
														
Cash	$	319,378	$	-	$	-	$	319,378		
Investments		-				1,554,483			11,849			1,566,332		
Accounts receivable		3,400				-			-			3,400		
Assessments receivable		1,676				86,623			-			88,299		
Prepaid costs		19,653				-			-			19,653		
Total assets	$	344,107	$	1,641,106	$	11,849	$	1,997,062		
Liabilities and Fund Balances:														
														
Liabilities:														
Accounts payable and accrued expenses	$	9,796	$	-	$	1,097	$	10,893		
Total liabilities		9,796				-			1,097			10,893		
Fund Balances:														
Nonspendable		19,653				-			-			19,653		
Restricted for:														
Debt service		-				1,641,106			-			1,641,106		
Capital projects		-				-			10,752			10,752		
Unassigned		314,658				-			-			314,658		
Unreserved, reported in non-major:														
Total fund balances		334,311				1,641,106			10,752			1,986,169		
Total liabilities and fund balances	$	344,107		$	1,641,106		$	11,849					
											
Amounts reported for Governmental Activities in the Statement of Net Position are								
different because:														
Capital Assets used in Governmental Activities are not financial resources and therefore are not reported in					
the funds.												65,523,056		
Liabilities not due and payable from current available resources are not reported in governmental fund					
statements. All liabilities, both current and long-term, are reported in the government-wide statements.					
Accrued interest payable					(441,668)								
Bonds payable						(20,500,540)						(20,942,208)		
Net Position of Governmental Activities										$	46,567,017		

The accompanying Notes to Financial Statements are an integral part of this statement. 9

SHINGLE CREEK COMMUNITY DEVELOPMENT DISTRICT

STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCES

GOVERNMENTAL FUNDS

Year Ended September 30, 2018

											Total		
											Governmental		
Revenues:		General			Debt Service		Capital Projects			Funds		
													
Special assessments	$	363,349	$	1,423,723	$	-	$	1,787,072		
Investment income		-			20,685			57,774			78,459		
Total revenues		363,349			1,444,408			57,774			1,865,531		
Expenditures:													
Current:													
General government		115,505			-			-			115,505		
Maintenance and operations		212,012			-			-			212,012		
Debt service:													
Interest		-			1,066,529			-			1,066,529		
Principal		-			360,000			-			360,000		
Capital outlay		-			-			6,551,982			6,551,982		
Total expenditures		327,517			1,426,529			6,551,982			8,306,028		
Net change in fund balances		35,832			17,879			(6,494,208)			(6,440,497)		
Fund Balances - beginning of year		298,479			1,623,227			6,504,960			8,426,666		
Fund Balances - end of year	$	334,311	$	1,641,106	$	10,752	$	1,986,169		

The accompanying Notes to Financial Statements are an integral part of this statement. 10

SHINGLE CREEK COMMUNITY DEVELOPMENT DISTRICT

RECONCILIATION OF THE STATEMENT OF REVENUES, EXPENDITURES AND

CHANGES IN FUND BALANCES OF GOVERNMENTAL FUNDS TO THE
STATEMENT OF ACTIVITIES

Year Ended September 30, 2018

Amounts reported for Governmental Activities in the Statement of Activities are different because:

Net change in fund balances - total governmental funds (page 10)	$   (6,440,497)	

Governmental funds report outlays for capital assets as expenditures because such outlays use current financial resources; however, in the statement of net position the cost of those assets is recorded as capital assets. Depreciation on capital assets is not recognized in the fund statements but is reported as an expense in the statement of activities:

Capital outlay	$	6,551,982					
Depreciation expense		(912,774)			5,639,208		
Repayments of long-term liabilities are reported as expenditures in governmental funds, while	360,000		
repayments reduce long-term liabilities in the statement of net position.							
Some expenses reported in the statement of activities do not require the use of current financial			
resources and, therefore, are not reported as expenditures in governmental funds.							
Change in accrued interest		5,438					
Amortization of bond discount		(9,610)			(4,172)		
Change in Net Position of Governmental Activities (page 8)		$	(445,461)		

The accompanying Notes to Financial Statements are an integral part of this statement. 11

SHINGLE CREEK COMMUNITY DEVELOPMENT DISTRICT

STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE

BUDGET AND ACTUAL - GENERAL FUND

Year Ended September 30, 2018

										Variance with		
										Final Budget		
								Actual			Positive		
		Budgeted Amounts			Amounts			(Negative)		
Revenues:		Original			Final								
													
Special Assessments	$	359,955	$	359,955	$	363,349	$	3,394		
Total revenues		359,955			359,955			363,349			3,394		
Expenditures:													
Current:													
General government		132,275			132,275			115,505			16,770		
Maintenance and operations		227,680			227,680			212,012			15,668		
Total expenditures		359,955			359,955			327,517			32,438		
Excess (Deficit) of Revenues Over													
Expenditures		-			-			35,832			35,832		
Net change in fund balance		-			-			35,832			35,832		
Fund Balance - beginning		298,479			298,479			298,479			-		
Fund Balance - ending	$	298,479	$	298,479	$	334,311	$	35,832		

The accompanying Notes to Financial Statements are an integral part of this statement. 12

NOTES TO FINANCIAL STATEMENTS

SHINGLE CREEK COMMUNITY DEVELOPMENT DISTRICT NOTES TO FINANCIAL STATEMENTS Year Ended September 30, 2018

Note 1 - Summary of Significant Accounting Policies:

Reporting Entity

The Shingle Creek Community Development District, (the “District”) was established by Osceola County Ordinance #05-15 enacted on May 23, 2005 pursuant to the Uniform Community Development District Act of 1980, otherwise known as Chapter 190, Florida Statutes. The Act provides, among other things, the power to manage basic services for community development, the power to borrow money and issue bonds, and the power to levy and collect non-ad valorem assessments for the financing and delivery of capital infrastructure. 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 community development within the District.

The District is governed by the Board of Supervisors (the “Board”), which is composed of five members. At present, the Supervisors are elected on an at large basis by the owners of the property within the District. The Board of Supervisors of the District exercises all powers granted to the District pursuant to Chapter 190, Florida Statutes. At September 30, 2018, most of the Board of Supervisors are affiliated with the Developer, LEN OT Holdings, LLC (Lennar). The District is economically dependent on the Developer.

The Board has the final responsibility for, among other things:

1.	Allocating and levying assessments.

2.	Approving budgets.

3.	Exercising control over facilities and properties.

4.	Controlling the use of funds generated by the District.

5.	Approving the hiring and firing of key personnel.

6.	Financing improvements.

The financial statements were prepared in accordance with Governmental Accounting Standards Board (“GASB”) Statements 14, 39 and 61. Under the provisions of those standards, the financial reporting entity consists of the primary government, organizations for which the District Board of Supervisors is considered to be financially accountable, and other organizations for which the nature and significance of their relationship with the District are such that, if excluded, the financial statements of the District would be considered incomplete or misleading. There are no entities considered to be component units of the District; therefore, the financial statements include only the operations of the District.

13

SHINGLE CREEK COMMUNITY DEVELOPMENT DISTRICT NOTES TO FINANCIAL STATEMENTS (CONTINUED) Year Ended September 30, 2018

Note 1 - Summary of Significant Accounting Policies (Continued):

Government-Wide and Fund Financial Statements

The financial statements include both government-wide and fund financial statements.

The government-wide financial statements (i.e., the statement of net position and the statement of activities) report information on all of the non-fiduciary activities of the primary government. For the most part, the effect of interfund activity has been removed from these statements.

The statement of activities demonstrates the degree to which the direct expenses of a given function or segment is offset by program revenues. Direct expenses are those that are clearly identifiable with a specific function or segment. Program revenues include 1) charges to customers who purchase, use, or directly benefit from goods, services or privileges provided by a given function or segment and 2) grants, contributions and investment income that are restricted to meeting the operational or capital requirements of a particular function or segment and 3) operating-type special assessments that are treated as charges for services (including assessments for maintenance and debt service). Other items not included among program revenues are reported instead as general revenues.

Measurement Focus, Basis of Accounting and Financial Statement Presentation

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

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

Assessments, including debt service assessments and operation and maintenance assessments, are non-ad valorem assessments imposed on all lands located within the District and benefited by the District’s activities. Operation and maintenance assessments are levied by the District prior to the start of the fiscal year which begins October 1st and ends on September 30th. These assessments are imposed upon all benefited lands located in the District. Debt service special assessments are imposed upon certain lots and lands as described in each resolution imposing the special assessment for each series of bonds issued by the District. Certain debt service assessments are collected upon the closing of those lots subject to short term debt and are used to prepay a portion of the bonds outstanding.

14

SHINGLE CREEK COMMUNITY DEVELOPMENT DISTRICT NOTES TO FINANCIAL STATEMENTS (CONTINUED) Year Ended September 30, 2018

Note 1 - Summary of Significant Accounting Policies (Continued):

Measurement Focus, Basis of Accounting and Financial Statement Presentation (Continued):

Assessments and interest associated with the current fiscal period are all considered to be susceptible to accrual and so have been recognized as revenues of the current fiscal period. Only the portion of assessments receivable due within the current fiscal period is considered to be susceptible to accrual as revenue of the current period. All other revenue items are considered to be measurable and available only when cash is received by the District.

The District reports the following major governmental funds:

General Fund - is the District’s primary operating fund. It accounts for all financial resources of the general government, except those required to be accounted for in another fund.

Debt Service Fund - accounts for the accumulation of resources for the annual payment of principal and interest on long-term debt.

Capital Projects Fund - accounts for the accumulation of resources to be used in the acquisition or construction of major infrastructure within the District.

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

Assets, Liabilities, Deferred Outflows/Inflows of Resources and Net Position/Fund Balance

Restricted Assets - These assets represent cash and investments set aside pursuant to bond covenants.

Deposits and Investments - The District’s cash and cash equivalents are considered to be cash on hand and demand deposits.

Investments of the District are reported at fair value and are categorized within the fair value hierarchy established in accordance with GASB Statement No. 72, Fair Value Measurement and Application. The District’s investments consist of investments authorized in accordance with Section 218.415, Florida Statutes.

Prepaid Items - Certain payments to vendors reflect costs applicable to future accounting periods and are recorded as prepaid items in both government-wide and fund financial statements.

15

SHINGLE CREEK COMMUNITY DEVELOPMENT DISTRICT NOTES TO FINANCIAL STATEMENTS (CONTINUED) Year Ended September 30, 2018

Note 1 - Summary of Significant Accounting Policies (Continued):

Assets, Liabilities, Deferred Outflows/Inflows of Resources and Net Position/Fund Balance (Continued):

Capital Assets - Capital assets, which include property, plant, equipment and infrastructure assets (e.g., utilities system, stormwater system, landscaping and similar items), are reported in the applicable governmental activities column in the government-wide financial statements. Capital assets are defined by the government as assets with an initial, individual cost of more than $5,000 and an estimated useful life in excess of two years. Such assets are recorded at historical cost or estimated historical cost if purchased or constructed. Donated capital assets are recorded at acquisition value at the date of donation.

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

Property, plant and equipment of the District are depreciated using the straight-line method over the following estimated useful lives:

Assets		Years	
Infrastructure		30	

Long Term Obligations - In the government-wide financial statements, long-term debt and other long-term obligations are reported as liabilities in the statement of net position. Bond premiums and discounts are deferred and amortized over the life of the bonds using the straight-line method. Bonds payable are reported net of premiums or discounts.

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

Deferred Outflows/Inflows of Resources - In addition to assets, the statement of financial position will sometimes report a separate section for deferred outflows of resources. This separate financial statement element, deferred outflows of resources, represents a consumption of net position that applies to a future period(s) and so will not be recognized as an outflow of resources (expense/expenditure) until then. The District does not have any item that qualifies for reporting in this category for the year ended September 30, 2018.

16

SHINGLE CREEK COMMUNITY DEVELOPMENT DISTRICT NOTES TO FINANCIAL STATEMENTS (CONTINUED) Year Ended September 30, 2018

Note 1 - Summary of Significant Accounting Policies (Continued):

Assets, Liabilities, Deferred Outflows/Inflows of Resources and Net Position/Fund Balance (Continued):

Deferred Outflows/Inflows of Resources (Continued) - In addition to liabilities, the statement of financial position will sometimes report a separate section for deferred inflows of resources. This separate financial statement element, deferred inflows of resources, represents an acquisition of net position that applies to a future period(s) and so will not be recognized as an inflow of resources (revenue) until that time. The District does not have any item that qualifies for reporting in this category for the year ended September 30, 2018.

Net Position Flow Assumption - Sometimes the District will fund outlays for a particular purpose from both restricted and unrestricted resources. In order to calculate the amounts to report as restricted net position and unrestricted net position in the government-wide financial statements, a flow assumption must be made about the order in which the resources are considered to be applied. It is the District’s policy to consider restricted net position to have been depleted before unrestricted net position is applied.

Fund Balance Policies - Fund balance of governmental funds is reported in various categories based on the nature of any imitations requiring the use of resources for specific purposes. The District itself can establish limitations on the use of resources through either commitment (committed fund balance) or an assignment (assigned fund balance).

The committed fund balance classification includes fund balance amounts that can be used only for the specific purposes determined by a formal action of the government’s highest level of decision-making authority. The Board of Supervisors is the highest level of decision-making authority for the government that can, by adoption of an ordinance or resolution prior to the end of the fiscal year, commit fund balance. Once adopted, the limitation imposed by the ordinance or resolution remains in place until a similar action is taken to remove or revise the limitation.

Amounts in the assigned fund balance classification are intended to be used by the government for specific purposes but do not meet the criteria to be classified as committed. The Board of Supervisors has authorized the District Manager to assign amounts for specific purposes. The Board of Supervisors may also assign fund balance as it does when appropriating fund balance to cover a gap between estimated revenue and appropriations in the subsequent year’s appropriated budget. Unlike commitments, assignments generally only exist temporarily. In other words, an additional action does not normally have to be taken for the removal of an assignment. Conversely, as discussed above an additional action is essential to either remove or revise a commitment.

Other Disclosures

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

17

SHINGLE CREEK COMMUNITY DEVELOPMENT DISTRICT NOTES TO FINANCIAL STATEMENTS (CONTINUED) Year Ended September 30, 2018

Note 2 - Stewardship, Compliance and Accountability:

Budgetary Information

The District is required to establish a budgetary system and an approved annual budget for the General Fund. Annual budgets are adopted on a basis consistent with accounting principles generally accepted in the United States of America. All annual appropriations lapse at the fiscal year end. The legal level of budgetary control is at the fund level. Any budget amendments that increase the aggregate budgeted appropriations, at the fund level, must be approved by the Board of Supervisors.

The District follows these procedures in establishing the budgetary data reflected in the financial statements.

1.	Each year the District Manager submits to the District Board proposed budgets for the fiscal year commencing the following October 1.

2.	A public hearing is conducted to obtain public comments.

3.	Prior to October 1, the budget is legally adopted by the District Board.

4.	Subject to certain limited exceptions set forth in the District’s appropriation resolutions adopted each year, all budget changes must be approved by the District Board.

5.	The budgets are adopted on a basis consistent with accounting principles generally accepted in the United States of America.

Note 3 - Deposits and Investments:

Deposits

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

18

SHINGLE CREEK COMMUNITY DEVELOPMENT DISTRICT NOTES TO FINANCIAL STATEMENTS (CONTINUED) Year Ended September 30, 2018

Note 3 - Deposits and Investments (Continued):

Investments

The District categorizes its fair value measurements within the fair value hierarchy established by generally accepted accounting principles. The fair value is the price that would be received to sell an asset, or paid to transfer a liability, in an orderly transaction between market participants at the measurement date. The hierarchy is based on the valuation inputs used to measure the fair value of the asset.

Under GASB 72, assets or liabilities are classified into one of three levels. Level 1 is the most reliable and is based on quoted price for identical assets, or liabilities, in an active market. Level 2 uses significant other observable inputs when obtaining quoted prices for identical or similar assets, or liabilities, in markets that are not active. Level 3 is the least reliable, and uses significant unobservable inputs that uses the best information available under the circumstances, which includes the District’s own data in measuring unobservable inputs.

The District has the following recurring fair value measurements as of September 30, 2018:

	Fidelity Government Portfolio Fund of $1,566,332 are valued using Level 2 inputs.

The District’s investment policy is governed by State Statutes and the District Trust Indenture. This policy allows investments in any financial institution that is a qualified public depository of the State of Florida as identified by the State Treasurer, in accordance with Chapter 280 of the Florida Statutes. Authorized investments are:

1.	The State Board of Administration Local Government Investment Pool (SBA);

2.	Securities and Exchange Commission Registered Money Market Funds with the highest credit quality rating from a nationally recognized rating agency;

3.	Interest-bearing savings accounts and certificates of deposit in state-certified qualified public depositories;

4.	Direct obligations of the U.S. Treasury.

						Weighted	
				Credit		Average	
Investment Type		Fair Value		Rating		Maturity	
Fidelity Government Portfolio Fund	$  1,566,332		AAAm		36 Days	

19

SHINGLE CREEK COMMUNITY DEVELOPMENT DISTRICT NOTES TO FINANCIAL STATEMENTS (CONTINUED) Year Ended September 30, 2018

Note 3 - Deposits and Investments (Continued):

Credit Risk:

The District’s investment policy limits credit risk by restricting authorized investments to those described. Investments in U.S. Government securities and agencies must be backed by the full faith and credit of the United States Government. Short term bond funds shall be rated by a nationally recognized ratings agency and shall maintain the highest credit quality rating.

Custodial Credit Risk:

In the case of deposits, this is the risk that, in the event of a bank failure, the District’s deposits may not be returned to it. The District’s investment policy requires that bank deposits be secured as provided by Chapter 280, Florida Statutes. This law requires local governments to deposit funds only in financial institutions designated as qualified public depositories by the Chief Financial Officer of the State of Florida, and creates the Public Deposits Trust Fund, a multiple financial institution pool with the ability to assess its member financial institutions for collateral shortfalls if a default or insolvency has occurred. At September 30, 2018, all of the District’s bank deposits were in qualified public depositories.

For an investment, this is the risk that, in the event of the failure of the counterparty, the government will not be able to recover the value of its investments or collateral securities that are in the possession of an outside party. At September 30, 2018, none of the investments listed are exposed to custodial credit risk because their existence is not evidenced by securities that exist in physical or book entry form.

Concentration of Credit Risk:

The District’s investment policy does not specify limits on the amount the District may invest in any one issuer.

Interest Rate Risk:

The District’s investment policy does not specifically address interest rate risk; however, the general investment policy is to apply the prudent-person rule: Investments are made as a prudent person would be expected to act, with discretion and intelligence, to seek reasonable income, preserve capital, and in general, avoid speculative investments. The District manages its exposure to declines in fair values by investing primarily in pooled investments that have a weighted average maturity of less than three months.

20

SHINGLE CREEK COMMUNITY DEVELOPMENT DISTRICT NOTES TO FINANCIAL STATEMENTS (CONTINUED) Year Ended September 30, 2018

Note 4 - Capital Assets:

Capital asset activity for the year ended September 30, 2018 was as follows:

		Beginning											Ending		
Governmental Activities:		Balance			Additions			Disposals			Balance		
															
Capital Assets, not being depreciated:															
Land and land improvements	$	22,315,159	$	-	$	-	$	22,315,159		
Infrastructure under construction		13,380,185				6,551,982				-			19,932,167		
Total capital assets, not being depreciated		35,695,344				6,551,982				-			42,247,326		
Capital Assets Being Depreciated:		27,383,213				-				-			27,383,213		
Infrastructure															
Total capital assets, being depreciated		27,383,213				-				-			27,383,213		
Less Accumulated Depreciation for:		(3,194,709)				(912,774)				-			(4,107,483)		
Infrastructure															
Total accumulated depreciation		(3,194,709)				(912,774)				-			(4,107,483)		
Total capital assets being depreciated, net		24,188,504				(912,774)				-			23,275,730		
Governmental activities capital assets, net	$	59,883,848	$	5,639,208	$	-	$	65,523,056		

Depreciation expense for 2018 in the amount of $912,774 was charged to maintenance and operations.

Note 5 - Long-Term Liabilities:

Series 2015 Bonds

In May 2015, the District issued $21,465,000 of Special Assessment Bonds, Series 2015. The Series 2015 Bonds are due on November 1, 2045 with a fixed interest rate between 3.625% and 5.4%. The Bonds were issued to finance the acquisition and construction of certain improvements for the benefit of the property within the District and pay certain bond issuance costs. Interest is paid semiannually on each May 1 and November 1, commencing on November 1, 2015. Principal on the Series 2015 Bonds is due in annual installments through November 1, 2045.

In a previous year, an entity affiliated with the Developer acquired a previous Bond Series (2006 Bonds), in a variety of transactions. As a condition to closing on the Series 2015 Bonds, the outstanding balance of the Series 2006 Bonds totaling $69.7 million was cancelled and liens against Series 2006 special assessments was released.

21

SHINGLE CREEK COMMUNITY DEVELOPMENT DISTRICT NOTES TO FINANCIAL STATEMENTS (CONTINUED) Year Ended September 30, 2018

Note 5 - Long-Term Liabilities (Continued):

Series 2015 Bonds (Continued)

The Bonds are subject to extraordinary mandatory redemption prior to their selected maturity in the manner determined by the Bond Registrar if certain events occurred as outlined in the Bond Indenture.

The Bond Indentures require that the District maintain adequate funds in a reserve account to meet the debt service reserve requirement as defined in the Indenture. This requirement has been met at September 30, 2018.

The Bond Indentures have certain restrictions and requirements relating principally to the use of proceeds to pay for the infrastructure improvements and the procedures to be followed by the District on assessments to property owners. The District agreed to levy special assessments in annual amounts adequate to provide payment of debt service and to meet the reserve requirements. The District is in compliance with the requirements of the Bond Indenture.

Total principal and interest remaining on the Series 2015 Bonds at September 30, 2018 is $39,535,062. For the year ended September 30, 2018, principal and interest of $1,426,529 was paid. Total special assessment revenue pledged was $1,423,723.

Long-term debt activity for the year ended September 30, 2018 was as follows:

		Beginning									Ending		Due Within		
		Balance		Increases			Decreases			Balance			One Year		
Governmental activities:																
Bonds Payable:																
Series 2015	$	21,120,000	$	-	$	(360,000)	$	20,760,000	$	370,000		
Bond discount		(269,070)			-			9,610			(259,460)			-		
Governmental activity long-																
																
term liabilities	$	20,850,930	$	-	$	(350,390)	$	20,500,540	$	370,000		

22

SHINGLE CREEK COMMUNITY DEVELOPMENT DISTRICT NOTES TO FINANCIAL STATEMENTS (CONTINUED) Year Ended September 30, 2018

Note 5 - Long-Term Liabilities (Continued):

At September 30, 2018, the scheduled debt service requirements on the bonds payable were as follows:

					Governmental Activities	
Year Ending							
September 30,			Principal			Interest	
2019	$	370,000	$	1,053,298	
2020			385,000			1,039,614	
2021			400,000			1,025,386	
2022			415,000			1,008,798	
2023			430,000			989,785	
2024	-	2028			2,465,000			4,626,847	
2029	-	2033			3,155,000			3,924,609	
2034	-	2038			4,040,000			3,006,395	
2039	-	2043			5,235,000			1,779,975	
2044	-	2046			3,865,000			320,355	
			$	20,760,000	$	18,775,062	

Note 6 - Related Party Transaction:

Assessments from Developer:

The Developer owns a portion of land within the District; therefore, assessment revenue in the general and debt service funds include the assessments levied on those lots owned by the Developer. In the current year, special assessment revenue and contributions from the Developer was approximately $1,038,000, 58% of total special assessment revenue.

Concentrations:

A significant portion of the District’s activity is dependent upon the continued involvement of the Developer, the loss of which could have a material adverse effect on the District’s operations.

Note 7 - Management Company:

The District has contracted with a management company to perform management consulting services, which include financial consulting and accounting services. Certain employees of the management company also serve as officers (Board appointed non-voting positions) of the District. Under the agreement, the District compensates the management company for management, accounting, financial reporting and other administrative costs.

23

SHINGLE CREEK COMMUNITY DEVELOPMENT DISTRICT NOTES TO FINANCIAL STATEMENTS (CONTINUED) Year Ended September 30, 2018

Note 8 - Risk Management:

The District is exposed to various risks of loss related to torts; theft of, damage to, and destruction of assets; errors and omissions; and natural disasters. These risks are covered by commercial insurance from independent third parties. The District has not filed any claims under this commercial coverage during the last three years.

24

COMPLIANCE SECTION

MCDIRMIT Ill DAVIS

CERTIFIED PUBLIC ACCOUNTANTS AND ADVISORS

INDEPENDENT AUDITOR’S REPORT ON INTERNAL CONTROL OVER FINANCIAL REPORTING AND ON COMPLIANCE AND OTHER MATTERS BASED ON AN AUDIT OF FINANCIAL STATEMENTS PERFORMED IN ACCORDANCE WITH GOVERNMENT AUDITING STANDARDS

To the Board of Supervisors

Shingle Creek Community Development District

We have audited, in accordance with auditing standards generally accepted in the United States of America and the standards applicable to financial audits contained in Government Auditing Standards issued by the Comptroller General of the United States, the financial statements of the governmental activities and each major fund of the Shingle Creek Community Development District (the “District”) as of and for the year ended September 30, 2018, and the related notes to the financial statements, which collectively comprise the District’s financial statements and have issued our report thereon dated May 13, 2019.

Internal Control Over Financial Reporting

In planning and performing our audit of the financial statements, we considered the District’s internal control over financial reporting (internal control) to determine the audit procedures that are appropriate in the circumstances for the purpose of expressing opinions on the financial statements, but not for the purpose of expressing an opinion on the effectiveness of the District’s internal control. Accordingly, we do not express an opinion on the effectiveness of the District’s internal control.

A	deficiency in internal control exists when the design or operation of a control does not allow management or employees, in the normal course of performing their assigned functions, to prevent, or detect and correct misstatements on a timely basis. A material weakness is a deficiency, or a combination of deficiencies, in internal control such that there is a reasonable possibility that a material misstatement of the entity’s financial statements will not be prevented, or detected and corrected on a timely basis. A significant deficiency is a deficiency, or a combination of deficiencies, in internal control that is less severe than a material weakness, yet important enough to merit attention by those charged with governance.

Our consideration of internal control over financial reporting was for the limited purpose described in the first paragraph of this section and was not designed to identify all deficiencies in internal control over financial reporting that might be a material weakness or significant deficiency. Given these limitations, during our audit, we did not identify any deficiencies in internal control over financial reporting that we consider to be material weaknesses. However, material weaknesses may exist that have not been identified.

MCDIRMIT DAVIS & COMPANY, LLC

934 N. MAGNOLIA AVENUE, SUITE 100 ORLANDO, FLORIDA 32803

T: 407-843-5406 │ F: 407-649-9339 │ WWW.MCDIRMITDAVIS.COM

25

Compliance and Other Matters

As part of obtaining reasonable assurance about whether the District’s financial statements are free from material misstatement, we performed tests of its compliance with certain provisions of laws, regulations, contracts, and grant agreements, noncompliance with which could have a direct and material effect on the determination of financial statement amounts. However, providing an opinion on compliance with those provisions was not an objective of our audit and, accordingly, we do not express such an opinion. The results of our tests disclosed no instances of noncompliance or other matters that are required to be reported under Government Auditing Standards.

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

Orlando, Florida

May 13, 2019

26

MCDIRMIT Ill DA VIS

CERTIFIED PUBLIC ACCOUNTANTS AND ADVISORS

MANAGEMENT COMMENTS

Board of Supervisors

Shingle Creek Community Development District

Report on the Financial Statements

We have audited the financial statements of the Shingle Creek Community Development District, (the “District”) as of and for the fiscal year ended September 30, 2018, and have issued our report thereon dated May 13, 2019.

Auditor’s Responsibility

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

Reporting Requirements

We have issued our Independent Auditor’s Report on Internal Control over Financial Reporting and Compliance and Other Matters Based on an Audit of Financial Statements Performed in Accordance with Government Auditing Standards and Independent Accountant’s Report on an examination conducted in accordance with AICPA Professional Standards, AT-C Section 315, regarding compliance requirements in accordance with Chapter 10.550, Rules of the Auditor General. Disclosures in those reports, which are dated May 13, 2019, should be considered in conjunction with this management letter.

Prior Audit Findings

Section 10.554(1)(i.)1., Rules of the Auditor General, require that we determine whether or not corrective actions have been taken to address findings and recommendations made in the preceding annual financial audit report. There were no such findings in the preceding annual financial audit report.

Official Title and Legal Authority

Section 10.554(1)(i)4., Rules of the Auditor General, requires that the name or official title and legal authority for the primary government and each component unit of the reporting entity be disclosed in this management letter, unless disclosed in the notes to the financial statements. This information has been disclosed in the notes to the financial statements.

MCDIRMIT DAVIS & COMPANY, LLC

934 N. MAGNOLIA AVENUE, SUITE 100 ORLANDO, FLORIDA 32803

T: 407-843-5406 │ F: 407-649-9339 │ WWW.MCDIRMITDAVIS.COM

27

Financial Condition and Management

Section 10.554(1)(i)5.a. and 10.556(7), Rules of the Auditor General, require us to apply appropriate procedures and communicate the results of our determination as to whether or not the District has met one or more of the conditions described in Section 218.503(1), Florida Statutes, and to identify of the specific condition(s) met. In connection with our audit, we determined that the District did not met any of the conditions described in Section 218.503(1), Florida Statutes.

Pursuant to Sections 10.554(1)(i)5.c. and 10.556(8), Rules of the Auditor General, we applied financial condition assessment procedures for the District. It is management’s responsibility to monitor the District’s financial condition, and our financial condition assessment was based in part on representations made by management and the review of financial information provided by same.

Section 10.554(1)(i)2., Rules of the Auditor General, requires that we communicate any recommendations to improve financial management. In connection with our audit, we did not have any such recommendations.

Additional Matters

Section 10.554(1)(i)3., Rules of the Auditor General, requires us to communicate noncompliance with provisions of contracts or grant agreements, or abuse, that have occurred, or are likely to have occurred, that have an effect on the financial statements that is less than material but which warrants the attention of those charged with governance. In connection with our audit, we did not note any such findings.

Purpose of this Letter

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

Orlando, Florida

May 13, 2019

28

MCDIRMIT Ill DAVIS

CERTIFIED PUBLIC ACCOUNTANTS AND ADVISORS

INDEPENDENT ACCOUNTANT’S REPORT ON COMPLIANCE WITH

THE REQUIREMENTS OF SECTION 218.415, FLORIDA STATUTES

Board of Supervisors

Shingle Creek Community Development District

We have examined Shingle Creek Community Development District’s (the “District”) compliance with the requirements of Section 218.415, Florida Statutes, during the year ended September 30, 2018. Management is responsible for the District’s compliance with those requirements. Our responsibility is to express an opinion on the District’s compliance based on our examination.

Our examination was conducted in accordance with attestation standards established by the American Institute of Certified Public Accountants and the standards applicable to attestation engagements contained in Government Auditing Standards issued by the Comptroller General of the United States and, accordingly, included examining, on a test basis, evidence about the District’s compliance with those requirements and performing such other procedures as we considered necessary in the circumstances. We believe that our examination provides a reasonable basis for our opinion. Our examination does not provide a legal determination on the District’s compliance with specified requirements.

In our opinion, the District complied, in all material respects, with the aforementioned requirements for the year ended September 30, 2018.

Orlando, Florida

May 13, 2019

MCDIRMIT DAVIS & COMPANY, LLC

934 N. MAGNOLIA AVENUE, SUITE 100 ORLANDO, FLORIDA 32803

T: 407-843-5406 │ F: 407-649-9339 │ WWW.MCDIRMITDAVIS.COM

29

SECTION IX

AGREEMENT BETWEEN THE SHINGLE CREEK COMMUNITY DEVELOPMENT DISTRICT AND HAMILTON ENGINEERING & SURVEYING, INC. FOR PROFESSIONAL ENGINEERING SERVICES

THIS  AGREEMENT  made  and  entered  into  this  _	day  of --------·
2019, by and between:

Shingle Creek Community Development District, a local unit of special-purpose government established pursuant to Chapter 190, Florida Statutes, and located in Osceola County, Florida (the "District"); and

Hamilton Engineering & Surveying, Inc., a Florida corporation, with a mailing address of 775 Warner Lane, Orlando, Florida 32803 (the "Engineer").

WHEREAS, the District is a local unit of special-purpose government established and existing pursuant to the Uniform Community Development District Act of 1980, as codified in Chapter 190, Florida Statutes ("Uniform Act"), by ordinance of Osceola County, Florida; and

WHEREAS, the District is authorized to plan, finance, construct, install, acquire and/or maintain improvements, facilities and services in conjunction with the development of the lands within the District; and

WHEREAS, pursuant to sections 190.033 and 287.055, Florida Statutes, the District solicited proposals from qualified firms to provide professional engineering services on a continuing basis; and

WHEREAS, Engineer submitted a proposal to serve in this capacity; and

WHEREAS, the District's Board of Supervisors ranked Engineer as the most qualified firm to provide professional engineering services for the District and authorized the negotiation of a contract pursuant to section 287.055, Florida Statutes; and

WHEREAS, the District intends to employ Engineer to perform engineering, construction administration, environmental management and permitting, financial and economic studies, as defined by a separate work authorization or work authorizations; and

WHEREAS, the Engineer shall serve as District's professional representative in each service or project to which this Agreement applies and will give consultation and advice to the District during performance of these services.

NOW, THEREFORE, for and in consideration of the mutual covenants herein contained, the acts and deeds to be performed by the parties and the payments by the District to

1

the Engineer of the sums of money herein specified, it is mutually covenanted and agreed as follows:

Article 1.	Scope of Services

A.	The Engineer will provide general engineering services, including:

1.	Preparation of any necessary reports and attendance at meetings of the District's Board of Supervisors.

2.	Providing professional engineering services including, but not limited to, review and execution of documents under any of the District's Trust Indentures and monitoring of District projects.

3.	Any other items requested by the Board of Supervisors.

B.	Engineer shall, when authorized by the Board, provide general services related to construction of any District projects including, but not limited to:

1.	Periodic visits to the site, or full-time construction management of District projects, as directed by District.

2.	Processing of contractors' pay estimates.

3.	Preparation of, and/or assistance with, the preparation of work authorizations, requisitions, change orders and acquisitions for review by the District Manager, District Counsel and the Board.

4.	Final inspection and requested certificates for construction including the final certificate of construction.

5.	Consultation and advice during construction, including performing all roles and actions required of any construction contract between District and any contractor(s) in which Engineer is named as owner's representative or "Engineer."

6.	Any other Activity related to construction as authorized by the Board.

C.	With respect to maintenance of the facilities, Engineer shall render such services as authorized by the Board.

Article 2. Method of Authorization. Each service or project shall be authorized in writing by the District. The written authorization shall be incorporated in a work authorization which shall include the scope of work, compensation, project schedule, and special provisions or conditions specific to the service or project bring authorized ("Work Authorization"). Authorization of services or projects under the contract shall be at the sole option of the District.

Article 3. Compensation. It is understood and agreed that the payment of compensation for services under this contract shall be stipulated in each Work Authorization. One of the following methods will be utilized:

2

A.	Lump Sum Amount - The District and Engineer shall mutually agree to a lump sum amount for the services to be rendered payable monthly in direct proportion to the work accomplished. For any lump-sum or cost-plus-a-fixed-fee professional service contract over the threshold amount provided in Section 287.017 of the Florida Statutes for CATEGORY FOUR, the District shall require the Engineer 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. The price for any lump sum Work Authorization, and any additions thereto, will be adjusted to exclude any significant sums by which the District determines the Work Authorization was increased due to inaccurate, incomplete, or noncurrent wage rates and other factual unit costs. All such adjustments must be made within 1 year following the completion of the work contemplated by the lump sum Work Authorization.

B.	Hourly Personnel Rates - For services or projects where the scope of services is not clearly defined or recurring services or other projects where the District desires the use of the hourly compensation rates outlined in Exhibit "A." The District and Engineer may agree to a "not to exceed" amount when utilizing hourly personnel rates for a specific work authorization.

Article 4. Reimbursable Expenses. Reimbursable expenses consist of actual expenditures made by Engineer, its employees, or its consultants in the interest of the project for the incidental expenses as listed as follows:

A.	Expenses of transportation and living when traveling in connection with a project, for long distance phone calls and telegrams, and fees paid for securing approval of authorities having jurisdiction over the project. All expenditures shall be made in accordance with Chapter 112, Florida Statutes, and with the District's travel policy.

B.	Expense of reproduction, postage and handling of drawings and specifications.

Article 5. Term of Contract. It is understood and agreed that the term of this contract will be from the time of execution of this contract by the parties until terminated in accordance with its terms.

Article 6. Special Consultants. When authorized in writing by the District, additional special consulting services may be utilized by Engineer and paid for on a cost basis.

Article 7. Books and Records. Engineer shall maintain comprehensive books and records relating to any services performed under this Agreement, which shall be retained by Engineer for a period of at least four (4) years from and after completion of any services hereunder, or such further time as required under Florida's public records law. The District, or

3

its authorized representative, shall have the right to audit such books and records at all reasonable times upon prior notice to Engineer.

Article 8.	Ownership of Documents.

A.	All rights in and title to all plans, drawings, specifications, ideas, concepts, designs, sketches, models, programs, software, creation, inventions, reports, or other tangible work product originally developed by Engineer pursuant to this Agreement (the "Work Product") shall be and remain the sole and exclusive property of the District when developed and shall be considered work for hire.

B.	The Engineer shall deliver all Work Product to the District upon completion thereof unless it is necessary for Engineer in the District's sole discretion, to retain possession for a longer period of time. Upon termination of Engineer's services hereunder, Engineer shall deliver all such Work Product whether complete or not. The District shall have all rights to use any and all Work Product. Engineer shall retain copies of the Work Product for its permanent records, provided the Work Product is not used without the District's prior express written consent. Engineer agrees not to recreate any Work Product contemplated by this Agreement, or portions thereof, which if constructed or otherwise materialized, would be reasonably identifiable with the District. If said work product is used by the District for any purpose other than that purpose which is intended by this Agreement, the District shall indemnify Engineer from any and all claims and liabilities which may result from such re-use, in the event Engineer does not consent to such use.

C.	The District exclusively retains all manufacturing rights to all materials or designs developed under this Agreement. To the extent the services performed under this Agreement produce or include copyrightable or patentable materials or designs, such materials or designs are work made for hire for the District as the author, creator, or inventor thereof upon creation, and the District shall have all rights therein including, without limitation, the right of reproduction, with respect to such work. Engineer hereby assigns to the District any and all rights Engineer may have including, without limitation, the copyright, with respect to such work. The Engineer acknowledges that the District is the motivating factor for, and for the purpose of copyright or patent, has the right to direct and supervise the preparation of such copyrightable or patentable materials or designs.

Article 9. Accounting Records. Records of Engineer pertaining to the services provided hereunder shall be kept on a basis of generally accepted accounting principles and shall be available to the District or its authorized representative for observation or audit at mutually agreeable times.

Article 10. Independent Contractor. Engineer and District agree that Engineer is and shall remain at all times an independent contractor and shall not in any way claim or be

4

considered an employee of the District. Engineer shall not have authority to hire persons as employees of District.

Article 11. Reuse of Documents. All documents including drawings and specifications furnished by Engineer pursuant to this Agreement are instruments of service. They are not intended or represented to be suitable for reuse by District or others on extensions of the work for which they were provided or on any other project. Any reuse without specific written consent by Engineer will be at the District's sole risk and without liability or legal exposure to Engineer. All documents including drawings, plans and specifications furnished by Engineer to District are subject to reuse in accordance with section 287.055(10), Florida
Statutes.

Article 12. Estimate of Cost. Since Engineer has no control over the cost of labor, materials or equipment or over a contractor's methods of determining prices, or over competitive bidding or market conditions, his opinions of probable cost provided as a service hereunder are to be made on the basis of his experience and qualifications and represent his best judgment as a design professional familiar with the construction industry, but Engineer cannot and does not guarantee that proposals, bids, or the construction costs will not vary from opinions of probable cost prepared by him. If the District wishes greater assurance as to the construction costs, it shall employ an independent cost estimator at its own expense. Services to modify approved documents to bring the construction cost within any limitation established by the District will be considered additional services and justify additional fees .

Article 13. Insurance. Engineer shall, at its own expense, maintain insurance during the performance of its services under this Agreement, with limits of liability not less than the following:

Workers Compensation	Statutory	
General Liability		
Bodily Injury	$1,000,000/$2,000,000	
(including Contractual)		
Property Damage	$1,000,000/$2,000,000	
(including Contractual)		
Automobile Liability		
Bodily Injury/Property Damage	Combined Single Limits $1,000,000	
Professional Liability for		
Errors and Omissions	$1,000,000	

The District, its officers, supervisors, agents, staff, and representatives shall be named as additional insured parties (except on Professional Liability for Errors and Omissions). The

5

Engineer shall furnish the District with the Certificate of Insurance evidencing compliance with the requirements of this Article. No certificate shall be acceptable to the District unless it provides that any change or termination within the policy periods of the insurance coverage, as certified, shall not be effective within thirty (30) days of prior written notice to the District. Insurance coverage shall be from a reputable insurance carrier, licensed to conduct business in the state of Florida.

If Engineer fails to have secured and maintained the required insurance, the District has the right (without any obligation to do so, however), to secure such required insurance in which event, Engineer shall pay the cost for that required insurance and shall furnish, upon demand, all information that may be required in connection with the District's obtaining the required insurance.

Article 14. Contingent Fee. The Engineer warrants that it has not employed or retained any company or person, other than a bona fide employee working solely for the Engineer, to solicit or secure this Agreement and that it has not paid or agreed to pay any person, company, corporation, individual, or firm, other than a bona fide employee working solely for the Engineer, any fee, commission, percentage, gift, or other consideration contingent upon or resulting from the award or making of this Agreement.

Article 15. Audit. The Engineer agrees that the District or any of its duly authorized representatives shall, until the expiration of three years after expenditure of funds under this Agreement, have access to and the right to examine any books, documents, papers, and records of the Engineer involving transactions related to the Agreement. The Engineer agrees that payment made under the Agreement shall be subject to reduction for amounts charged thereto that are found on the basis of audit examination not to constitute allowable costs. All required records shall be maintained until an audit is completed and all questions arising therefrom are resolved, or three years after completion of all work under the Agreement.

Article 16. Indemnification. The Engineer agrees, to the fullest extent permitted by law, to indemnify, defend, and hold the District harmless of and from any and all liabilities, claims, causes of action, demands, suits, or losses arising from the negligent acts, errors or omissions of the Engineer, Engineer's agents or employees, in the performance of professional services under this Agreement. Engineer agrees and covenants that nothing herein shall constitute or be construed as a waiver of the District's sovereign immunity pursuant to section

768.28, Florida Statutes.

Article 17. Public Records. Engineer understands and agrees that all documents of any kind provided to the District in connection with this Agreement may be public records, and, accordingly, Engineer agrees to comply with all applicable provisions of Florida law in handling such records, including but not limited to Section 119.0701, Florida Statutes. Engineer acknowledges that the designated public records custodian for the District is George Flint ("Public Records Custodian"). Among other requirements and to the extent applicable by

6

law, the Engineer shall 1) keep and maintain public records required by the District to perform the service; 2) upon request by the Public Records Custodian, provide the District with the requested public records or allow the records to be inspected or copied within a reasonable time period at a cost that does not exceed the cost provided in Chapter 119, Florida Statutes; 3) ensure that public records which are exempt or confidential, and exempt from public records disclosure requirements, are not disclosed except as authorized by law for the duration of the contract term and following the contract term if the Engineer does not transfer the records to the Public Records Custodian of the District; and 4) upon completion of the contract, transfer to the District, at no cost, all public records in Engineer's possession or, alternatively, keep, maintain and meet all applicable requirements for retaining public records pursuant to Florida laws. When such public records are transferred by the Engineer, the Engineer shall destroy any duplicate public records that are exempt or confidential and exempt from public records disclosure requirements. All records stored electronically must be provided to the District in a format that is compatible with Microsoft Word or Adobe PDF formats.

IF THE ENGINEER HAS QUESTIONS REGARDING THE APPLICATION OF CHAPTER 119, FLORIDA STATUTES, TO THE ENGINEER'S DUTY TO PROVIDE PUBLIC RECORDS RELATING TO THIS CONTRACT, CONTACT THE CUSTODIAN OF PUBLIC RECORDS AT (407) 841-5524,

GFLINT@GMSCFL.COM, OR C/O GOVERNMENTAL MANAGEMENT SERVICES, CENTRAL FLORIDA, 135 W. CENTRAL BLVD., SUITE 320, ORLANDO, FLORIDA 32801.

Article 18. Employment Verification. The Engineer agrees that it shall bear the responsibility for verifying the employment status, under the Immigration Reform and Control Act of 1986, of all persons it employs in the performance of this Agreement.

Article 19. Controlling Law; Jurisdiction and Venue. The Engineer and the District agree that this Agreement shall be controlled and governed by the laws of the State of Florida. Jurisdiction and venue for any proceeding with respect to this Agreement shall be in Osceola County, Florida

Article 20. Notices. All notices, requests, consents and other communications under this Agreement ("Notices") shall be in writing and shall be delivered, transmitted by electronic mail (e-mail) and mailed by First Class Mail, postage prepaid, or overnight delivery service, to the parties, as follows:

If to the District:	Shingle Creek Community Development District

135 West Central Boulevard, Suite 320
Orlando, Florida 32801
Attn:  District Manager

7

With a copy to:	Latham, Shuker, Eden & Beaudine

111 N. Magnolia A venue, Suite 1400

Post Office Box 3353; 32802

Orlando, Florida 32801

Attn: Jan A. Carpenter

If to Engineer:	Hamilton Engineering & Surveying, Inc.

77 5 Warner Lane

Orlando, Florida 32803

Attn:	David Reid

Except as otherwise provided in this Agreement, any Notice shall be deemed received only upon actual delivery at the address set forth above. Notices delivered after 5:00 p.m. (at the place of delivery) or on a non-business day, shall be deemed received on the next business day. If any time for giving Notice contained in this Agreement would otherwise expire on a non-business day, the Notice period shall be extended to the next succeeding business day. Saturdays, Sundays, and legal holidays recognized by the United States government shall not be regarded as business days. Counsel for District and counsel for Engineer may deliver Notice on behalf of District and Engineer, respectively. Any party or other person to whom Notices are to be sent or copied may notify the other parties and addressees of any change in name or address to which Notices shall be sent by providing the same on five (5) days written notice to the parties and addressees set forth herein.

Article 21. Assignment. Neither the District nor the Engineer shall assign, sublet, or transfer any rights under or interest in this Agreement without the express written consent of the other. Nothing in this paragraph shall prevent the Engineer from employing such independent professional associates and consultants as Engineer deems appropriate, pursuant to the terms of this Agreement.

Article 22. Termination. The District may terminate this Agreement for cause immediately upon notice to Engineer. The District or the Engineer may terminate this Agreement without cause upon thirty (30) days written notice. At such time as the Engineer receives notification of the intent of the District to terminate the contract, the Engineer shall not perform any further services unless directed to do so in writing by the District. In the event of any termination or breach of any kind, the Engineer shall not be entitled to consequential or other damages of any kind (including but not limited to lost profits), but instead the Engineer's sole remedy will be to recover payment for services rendered to the date of the notice of termination, subject to any offsets.

Article 23. Recovery of Costs and Fees. In the event either party is required to enforce this Agreement by court proceedings or otherwise, then the prevailing party shall be entitled to recover from the other party all costs incurred, including reasonable attorneys' fees.

8

Article 24. Acceptance. Acceptance of this Agreement is indicated by the signature of the authorized representative of the District and the Engineer in the spaces provided below.

IN WITNESS WHEREOF, the parties hereto have caused these present to be executed the day and year first above written.

SHINGLE CREEK COMMUNITY

DEVELOPMENT DISTRICT

Secretary	ChairNice Chair, Board of Supervisors

HAMILTON ENGINEERING & SURVEYING, INC., a Florida corporation

Witness	By: -----------------

Its:

Exhibit A: Hourly Rate

9

...._	l	., .

1MAMILTON
ENGINEERING	&	SURVEYING.	INC .

HAMILTON HOURLY FEE SCHEDULE

	Hourly Rate	
Principal	$235	
Engineering Senior Project Manager, PE, Senior VP	$190	
Engineering Senior Project Manager, PE, VP	$170	
Business Development, Project Manager, VP	$150	
Survey Director, PLS	$150	
Survey Crew	$150	
Engineering Project Manager, PE	$130	
Survey Senior Project Manager, PLS	$125	
Construction Administration Director	$120	
Survey Senior Project Manager, Crew Coordinator	$120	
IT Director	$120	
Engineering Senior Designer, CADD Manager	$115	
Engineering Senior Designer. ...  ... . .	.$1.00	
Senior CADD Tech/Project Manager, Eng/Sur	$100	
Engineering Project Engineer, El	$90	
Survey Project Coordinator/QC	$90	
Survey As-Built Coordinator	$90	
Planning & Zoning Project Manager/GIS Specialist	$90	
Proposal Coordinator	$90	
Accounting/Payroll -	$90	
Engineering Designer	$85	
CADD Tech, Eng/Sur	$80	
Project Coordinator Permitting	$80	
Office Manager	$70	
Construction Inspector	$75	
Clerical/Administration	$40	

WW\'J.HAMJLTONENGINEERING.US

WORK AUTHORIZATION NUMBER 1

----------, 2019

Shingle Creek Community Development District

Osceola County, Florida

Subject:	Work Authorization Number 1

Shingle Creek Community Development District

Dear Chairman, Board of Supervisors:

Hamilton Engineering & Surveying, Inc., is pleased to submit this work authorization to provide engineering services for the Shingle Creek Community Development District. We will provide these services pursuant to our current agreement dated _______ __, 2019

("Engineering Agreement") as follows:

I.	Scope of Work

Shingle Creek Community Development District will engage the services of Hamilton Engineering & Surveying, Inc., as Engineer to prepare any necessary reports and attend and participate in meetings of the District's Board of Supervisors as requested by the District.

II.	Fees

Shingle  Creek  Community  Development  District  will	compensate  Hamilton  Engineering  &

Surveying, Inc., pursuant to the hourly rate schedule contained in the Engineering Agreement in

accordance with the terms of the Engineering Agreement.	The District will reimburse Hamilton

Engineering & Surveying, Inc., all direct costs which include items such as printing, drawings,

travel, deliveries, et cetera, pursuant to the Engineering Agreement.

This proposal, together with  the  Engineering  Agreement,  represents  the  entire  understanding

between the  Shingle  Creek  Community  Development  District  and  Hamilton  Engineering	&

Surveying, Inc., with regard to the referenced work authorization.	If you wish to  accept this

work authorization, please sign both copies where indicated, and return one complete copy to our

office.  Upon receipt, we will promptly schedule our services.

Thank you for considering Hamilton Engineering & Surveying, Inc. We look forward to

working with you.

Sincerely,

David Reid, P.E.

Hamilton Engineering & Surveying, Inc.

APPROVED AND ACCEPTED

By: -

-----------

Authorized Representative Shingle Creek Community

of

Development District

Date:

-----------

SECTION XII

SECTl"ON-C

SECTION 1

Shingle Creek

Community Development District

Summary of Checks

February 25, 2019 to March 25, 2019

	Bank	Date	Check#		Amount	
	General Fund	3/7/19	288	$	4,183.96			
		3/14/19	289-293	$	11,488.34			
		3/20/19	294	$	16,992.29			
		3/21/19	295	$	11,778.58			
								
				$	44,443.17			
							
				$	44,443.11 1	

AP300R	YEAR-TO-DATE  ACCOUNTS  PAYABLE  PREPAID/COMPUTER  CHECK  REGISTER	RUN   3/25/19	PAGE	1	
*** CHECK  DATES  02/25/2019  -	03/25/2019  ***	GENERAL  FUND				
BANK  A GENERAL	FUND

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

3/07/19	00011	3/01/1980	201903	310-51300-34000
MANAGEMENT	FEES-MAR19
3/01/1980	201903	310-51300-35200
INFORMATION	TECH-MAR19
3/01/1980	201903	310-51300-31300
DISSEMINATION-MAR19
3/01/1980	201903	310-51300-51000
OFFICE	SUPPLIES
3/01/1980	201903	310-51300-42000
POSTAGE
3/01/1980	201903	310-51300-42500
COPIES
3/01/1981	201903	320-53800-12000
FIELD  MANAGEMENT-MAR19
3/01/1981	201903	310-51300-42000
POSTAGE
GOVERNMENTAL  MANAGEMENT	SERVICES

3/14/19	00007	3/01/19	33882	201903	320-53800-47000
WATERWAY	MAINT	3	PONDS
AQUATIC	WEED	CONTROL,	INC.

3/14/19	00023 2/28/19 30439 201902 320-53800-46400 9 SPRY/18 ROTATORS/ROTORS
DOWN	TO	EARTH	LAWNCARE	II,	INC

3/14/19	00020	12/06/18	121415	201811	310-51300-31100
BOND	AMNT/COORD.LAND	SWAP
1/03/19	121483	201812	310-51300-31100
DISCUSS	PHASE	I-3B/EMAIL
2/07/19	121554	201901	310-51300-31100
REV/RPR	INTERSECT/CONVO.
3/07/19	121667	201902	310-51300-31100
INTERSECT.REPAIR.REQUIRE.
FRANKLIN	SURVEYING	&	MAPPING	INC.

3/14/19	00016 2/21/19 84442 201901 310-51300-31500 I-3B LAND SWAP/G-17/RESOL
3/12/19	84718	201902	310-51300-31500
REV.AGENDA/PRP	BOARD  MTG
LATHAM,	SHUKER,	EDEN	&	BEAUDINE

3/14/19	00013 2/28/19 45950430 201902 310-51300-48000 NOT.OF PUB.HEARING 02/25
2/28/19	45950430	201902	310-51300-48000
NOT.OF	MEETING	02/25/19
ORLANDO	SENTINEL

STATUS

*

*

*

*

*

*

*

*

*

*

*

*

*

*

*

*

*

*

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

2,789.58

50.00

583.33

.12

4.13

118.	35

625.	00

13.	45

4,183.96	000288
---------------
840.00

840.00	000289
---------------
506.97

506.97	000290
---------------
562.50

200.00

900.00

600.00

2,262.50	000291
---------------
2,734.70

762.09

3,496.79	000292
---------------
4,167.08

215.00

4,382.08	000293

SHIN	SHINGLE	CREEK	TVISCARRA

AP300R				YEAR-TO-DATE  ACCOUNTS  PAYABLE  PREPAID/COMPUTER  CHECK  REGISTER	RUN    3/25/19	PAGE	2		
*** CHECK  DATES	02/25/2019  -  03/25/2019	***	GENERAL	FUND								
						BANK  A GENERAL  FUND								
CHECK   VEND#    ..... INVOICE .. • ..... EXPENSED	TO...	VENDOR  NAME	STATUS	AMOUNT	....-CHECK.....		
DATE		DATE	INVOICE	YRMO	DPT  ACCT#  SUB   SUBCLASS				AMOUNT		#		
3/20/19	00012	3/19/19	03192019	201903	300-20700-10000		*	16,992	.29					
			FY19  DEBT  SERVICE  SER2015									
						SHINGLE  CREEK  COD  C/0  REGIONS  BANK			16,992.29	000294		
3/21/19	00023	3/10/19	30652	201903	320-53800-46200		*	6,116.00					
			MTHLY-MNT-MAR19-PHASE  I									
		3/10/19	30652	201903	320-53800-46200		*	1,423	.00					
			MTHLY-MNT-MAR19-PHASE  II		*							
		3/10/19	30652	201903	320-53800-46200			350.00					
			MTHLY-MNT-MAR19-AREA  I		*	1,150	.00					
		3/10/19	30652	201903	320-53800-46200									
			MTHLY-MNT-MAR19-ADD-PH2P2			2,739	.58					
		3/10/19	30652	201903	320-53800-46200		*							
			MTHLY-MNT-MAR19-ADD-PH  3									
						DOWN  TO  EARTH  LAWNCARE  II,  INC			11,778.58	000295		
							TOTAL	FOR  BANK  A	44,443	.17					
							TOTAL	FOR  REGISTER	44,443	.17					

SHIN	SHINGLE	CREEK	TVISCARRA

Shingle Creek

Community Development District

Summary of Checks

March 25, 2019 to April 30, 2019

Bank	Date	Check#		Amount	
General Fund	4/4/19	296-298	$	3,997.97		
	4/11/19	299	$	4,121.33		
	4/18/19	300-303	$	3,971.36		
	4/19/19	304	$	44,635.03		
	4/25/19	305-306	$	16,062.02		
						
			$	72,787.71		
			$	12,1s1.11 I	

AP300R	YEAR-TO-DATE	ACCOUNTS	PAYABLE	PREPAID/COMPUTER	CHECK	REGISTER	RUN	4/30/19	PAGE	l
*** CHECK  DATES  03/25/2019  -   04/30/2019  ***	GENERAL	FUND
BANK	A  GENERAL	FUND

CHECK	VEND#	•••.. INVOICE ••••	..•• EXPENSED  TO...		VENDOR  NAME		
DATE		DATE	INVOICE	YRMO	DPT  ACCT#  SUB	SUBCLASS		
4/04/19	00007	4/01/19	34814	201904	320-53800-47000			
			WATERWAY  MAINT	3  PONDS	AQUATIC  WEED  CONTROL,  INC.		
								
4/04/19	00023	12/18/18	23209	201812	320-53800-46100			
			INST.WASHINGTON.PALM/KIT				
		12/18/18	23338	201811	320-53800-46400			
			SPRAY/NOZZLE/VALVE/CONN.				
		12/31/18	24693	201812	320-53800-46100			
			RMV/RPLC  WASHINGTON.PALM				
		3/31/19	32749	201903	320-53800-46100			
			INST.SYLV.PALM/TREE  STAKE	DOWN  TO  EARTH  LAWNCARE  II,  INC		
								
4/04/19	00021	3/19/19	25134	201903	320-53800-48000			
			RPLC  BALLAST/2	PHOTOCELLS	TERRY'S  ELECTRIC  INC.		
--------------------------			
		------		
4/11/19	00011	4/01/19	82	201904	310-51300-34000		
			MANAGEMENT  FEES-APR19				
		4/01/19	82	201904	310-51300-35200			
			INFORMATION  TECH-APR19				
		4/01/19	82	201904	310-51300-31300		
			DISSEMINATION-APR19				
		4/01/19	82	201904	310-51300-51000		
OFFICE	SUPPLIES
4/01/19	82	201904	310-51300-42000
POSTAGE
4/01/19	82	201904	310-51300-42500
COPIES
4/01/19	82	201904	310-51300-41000
TELEPHONE
4/01/19	83	201904	320-53800-12000
FIELD	MANAGEMENT-APR19
GOVERNMENTAL	MANAGEMENT	SERVICES

4/18/19	00023	3/20/19	31620	201903	320-53800-46200
MNT.STOREY	LAKE-ADD.AREAS
DOWN	TO	EARTH	LAWNCARE	II,	INC

4/18/19	00020	4/04/19	121773	201903	310-51300-31100
TRAVEL/PRE-MTG	DISCUSS.
FRANKLIN	SURVEYING	&	MAPPING	INC.

4/18/19	00013 3/31/19 52450420 201903 310-51300-48000 REQ.QUAL.ENG.SERV 03/25
ORLANDO	SENTINEL

STATUS

*

*

*

*

*

*

*

*

*

*

*

*

*

*

*

*

*

AMOUNT	•••• CHECK ...•.
AMOUNT	#

840.00

840.00	000296
---------------
	350.00

643.	97

650.	00

690.	00

2,333.97	000297
---------------
824.00

824.00	000298
---------------
2,789.58

50.00

583 .33

.51

22.97

26.55

23.39

625.00

4,121.33	000299
---------------
2,792.35

2,792.35	000300
---------------
200.00

200.00	000301
---------------
515.01

515.01	000302

SHIN	SHINGLE	CREEK	TVISCARRA

AP300R	YEAR-TO-DATE  ACCOUNTS  PAYABLE  PREPAID/COMPUTER  CHECK  REGISTERRUN    4/30/19	PAGE	2	
*** CHECK  DATES  03/25/2019  -	04/30/2019  ***	GENERAL  FUND			
BANK  A  GENERAL	FUND

CHECK	VEND#	••••• INVOICE . • ..... • EXPENSED  TO...	VENDOR  NAME	STATUS		
DATE		DATE	INVOICE	YRMO	DPT  ACCT#  SUB   SUBCLASS			
4/18/19	00021	9/11/18	21108	201810	320-53800-48100		*		
			TRBLSHT  LED  SIGN/DRIVER				
					TERRY'S	ELECTRIC  INC.			
4/19/19	00012	4/19/19	04192019	201904	300-20700-10000		*		
			FY19  DEBT  SERVICE  SER2015				
					SHINGLE  CREEK  COD  C/0  REGIONS  BANK			
4/25/19	00023	4/15/19	31621	201904	320-53800-46200		*		
			MTHLY-MNT-APR19-PHASE  I		*		
		4/15/19	31621	201904	320-53800-46200				
			MTHLY-MNT-APR19-PHASE  II		*		
		4/15/19	31621	201904	320-53800-46200				
			MTHLY-MNT-APR19-AREA  I		*		
		4/15/19	31621	201904	320-53800-46200				
			MTHLY-MNT-APR19-ADD-PH2P2		*		
		4/15/19	31621	201904	320-53800-46200				
		4/15/19	MTHLY-MNT-APR19-ADD-PH  3		*		
			31621	201904	320-53800-46200				
			MTHLY-MNT-APR19-ADD.AREAS		*		
		4/18/19	33986	201904	320-53800-46400				
			31  ROTATORS/18	SPRYS/FITT				
					DOWN  TO  EARTH  LAWNCARE  II,  INC			
4/25/19	00016	4/22/19	85226	201903	310-51300-31500		*		
PREPARE/ATTEND	COD  MTG
LATHAM,	SHUKER,	EDEN	&	BEAUDINE

TOTAL	FOR	BANK  A

TOTAL	FOR	REGISTER

AMOUNT	..• . CHECK .••••
AMOUNT	#

464.00

464.00	000303
---------------
44,635.03

44,635.03	000304
---------------
6,116.00

1,423.00

350.00

1,150.00

2,739.58

2,792.35

853.16

15,424.09	000305
---------------
637.93

637.93	000306

72,787.71

72,787.71

SHIN	SHINGLE	CREEK	TVISCARRA

Shingle Creek

Community Development District

Summary of Checks

April 30, 2019 to May 27, 2019

Bank	Date	Check#		Amount	
General Fund	5/2/19	307-309	$	4,565.00		
	5/9/19	310	$	1,487.50		
	5/10/19	311	$	4,063.06		
	5/16/19	312-315	$	22,093.48		
	5/23/19	316	$	6,500.00		
						
			$	38,709.04		
			$	38,709.04 I	

AP300R	YEAR-TO-DATE	ACCOUNTS	PAYABLE	PREPAID/COMPUTER	CHECK	REGISTER	RUN	5/27/19	PAGE	l
*** CHECK  DATES  04/30/2019  -  05/27/2019  ***	GENERAL	FUND
BANK  A GENERAL	FUND

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

5/02/19	00007	5/01/19	35705	201905	320-53800-47000
WATERWAY	MAINT	3	PONDS
AQUATIC	WEED	CONTROL,	INC.

5/02/19	00018 4/25/19 70468 201904 310-51300-32300 TRUSTEE FEES-SER.2015
REGIONS	BANK

5/02/19	00021	4/24/19	26039	201904	320-53800-48100
REV.SRV.PANEL/FIX	CONNECT
TERRY'S	ELECTRIC	INC.

5/09/19	00020	5/02/19	121857	201904	310-51300-31100
FIELD/SITE	INSPECT/SJRWMD
FRANKLIN	SURVEYING	&	MAPPING	INC.

5/10/19	00011	5/01/1984	201905	310-51300-34000
MANAGEMENT	FEES-MAY19
5/01/1984	201905	310-51300-35200
INFORMATION	TECH-MAY19
5/01/1984	201905	310-51300-31300
DISSEMINATION-MAY19
5/01/1984	201905	310-51300-51000
OFFICE	SUPPLIES
5/01/1984	201905	310-51300-42000
POSTAGE
5/01/1984	201905	310-51300-42500
COPIES
5/01/1985	201905	320-53800-12000
FIELD  MANAGEMENT-MAY19
GOVERNMENTAL  MANAGEMENT	SERVICES

5/16/19	00014	4/11/19	8502	201902	320-53800-46300
LCR	SITE	INSPECT/VEG.MNT
4/11/19	8502A	201904	320-53800-46300
1ST  VEGETATION  MAINT	FY19
AUSTIN	ENVIRONMENTAL	CONSULTANTS

5/16/19	00023 5/10/19 35851 201905 320-53800-46200 MTHLY-MNT-MAY19-PHASE I
5/10/19	35851	201905	320-53800-46200
MTHLY-MNT-MAY19-PHASE	II
5/10/19	35851	201905	320-53800-46200
MTHLY-MNT-MAY19-AREA	I
5/10/19	35851	201905	320-53800-46200
MTHLY-MNT-MAY19-ADD-PH2P2

STATUS	AMOUNT		.... CHECK ....•		
				AMOUNT	#		
*	840.	00					
- -	------	-		840.00	000307		
			------			
*	3,500.00					
--------	- -	3,500.00	000308		
		-----			
*	225.	00					
--------	-		225.00	000309		
		------			
*	1,487.50					
				1,487.50	000310		
---------------			
*	2,789.58					
*	50.	00					
*	583.	33					
*	.27					
*	10.83					
*	4.	05					
*	625.	00					
- -				4,063.06	000311		
	-------------			
*	2,000.00					
*	8,000.00					
- -	-------	-	10,000.00	000312		
			-----			
*	6,116.00					
*	1,423.00					
*	350.	00					
*	1,150.00					

SHIN	SHINGLE	CREEK	TVISCARRA

AP300R				YEAR-TO-DATE  ACCOUNTS  PAYABLE  PREPAID/COMPUTER  CHECK  REGISTER	RUN   5/27/19	PAGE	2		
*** CHECK  DATES	04/30/2019  -  05/27/2019	***	GENERAL  FUND							
						BANK  A GENERAL  FUND							
CHECK	VEND#	.•..• INVOICE •...•••. EXPENSED  TO...	VENDOR  NAME	STATUS	AMOUNT	.... CHECK •.•.•		
DATE		DATE	INVOICE	YRMO	DPT  ACCT#  SUB   SUBCLASS			AMOUNT		#		
		5/10/19	35851	201905	320-53800-46200		*	2,792.35					
			MTHLY-MNT-MAY19-ADD.AREAS								
						DOWN  TO	EARTH  LAWNCARE  II,  INC		11,831.35	000313		
5/16/19	00016	5/14/19	85572	201904	310-51300-31500		*	84.63					
			REVIEW  AGENDA/PREPARE  MTG								
						LATHAM,  SHUKER,  EDEN  &  BEAUDINE		84.63	000314		
5/16/19	00013	4/30/19  60630490  201904  310-51300-48000		*	177.50					
			MTG  NOT.-AUDIT  COMMITTEE	ORLANDO  SENTINEL			177.50	000315		
												
5/23/19	00022	5/10/19	41583	201905	310-51300-32200		*	6,500.00					
			FY18  AUDIT  FEES	MCDIRMIT	DAVIS			6,500.00	000316		
													
							TOTAL	FOR  BANK  A	38,709.04					
							TOTAL	FOR  REGISTER	38,709.04					

SHIN	SHINGLE	CREEK	TVISCARRA

..

SECTION 2

•	•	•	•	•	•	•	•	•	•	•	•

•• •••••••

Shingle Creek

Community Development District

Unaudited Financial Reporting

April 30, 2019

•	•	•	•	•	•	•	•	•	•	•	•	•	•	•

	Table of Contents		
1	Balance Sheet		
2	General Fund Income Statement		
3	Debt Service Fund Series 2015		
4					
	Debt Service Fund Series 2019		
5	Capital Projects Fund Series 2015		
6	Capital Projects Fund Series 2019		
7					
	Month to Month		
8	Long Term Debt Summary		
				
9	FY19 Assessment Receipt Schedule		
10-12				
	Construction Schedule Series 2015		

13	Construction Schedule Series 2019

ASSETS:

CASH

OPERATING ACCOUNT - SUNTRUST

INVESTMENTS

SERIES 2015

RESERVE

REVENUE

INTEREST

SINKING FUND

CONSTRUCTION

SERIES 2019

RESERVE

CAPITALIZED INTEREST

CONSTRUCTION

COST OF ISSUANCE

DUE FROM DEVELOPER

TOTAL ASSETS

LIABILITIES:

ACCOUNTS PAYABLE

FUND EQUITY:

FUND BALANCES:

RESTRICTED FOR DEBT SERVICE 2015 RESTRICTED FOR DEBT SERVICE 2019 RESTRICTED FOR CAPITAL PROJECTS 2015 RESTRICTED FOR CAPITAL PROJECTS 2019 UNASSIGNED

TOTAL  LIABILITIES & FUND EQUITY

Shingle Creek

COMMUNITY DEVELOPMENT DISTRICT

BALANCE SHEET

April 30, 2019

		General		Debt Service		Capital Projects							Totals	
		Fund		Fund		Fund		2019		
$511,701								$511,701		
				$718,102					$718,102		
				$889,290					$889,290		
				$523,296					$523,296		
				$148					$148		
								$10,890	$10,890		
				$567,822					$567,822		
				$149,618					$149,618		
								$9,458,765	$9,458,765		
								$1,512	$1,512		
$3,400								$3,400		
																	
	$515,101		$2,848,276				$9,471,167			$12,834,544		
$15,475								$15,475		
				$2,130,836					$2,130,836		
				$717,440					$717,440	
								$10,890	$10,890		
								$9,460,277	$9,460,277		
$499,626								$499,626		
											
$515,101		$2,848,276			$9,471,167		$12,834,544	

Shingle Creek

COMMUNITY DEVELOPMENT DISTRICT

GENERAL FUND

Statement of Revenues & Expenditures

For The Period Ending April 30, 2019

			ADOPTED	PRORATED BUDGET	ACTUAL					
			BUDGET	THRU 4/30/19	THRU 4/30/19	VARIANCE			
REVENUES:	$377,073	$377,073	$359,511	{$17,562)				
ASSESSMENTS - TAX ROLL								
DEVELOPER CONTRIBUTION	$36,508	$21,296	$0	{$21,296)				
										
TOTAL REVENUES	$413,581	$398,369	$359,511	($38,859)				
EXPENDITURES:										
ADMINISTRATIVE:										
ENGINEERING	$25,000	$14,583	$4,910	$9,673				
ATTORNEY	$40,000	$23,333	$11,255	$12,078				
ARBITRAGE	$650	$0	$0	$0				
DISSEMINATION	$3,500	$2,042	$2,625	($583)				
ANNUAL AUDIT	$6,500	$0	$0	$0				
TRUSTEE FEES	$3,500	$3,500	$3,500	$0				
ASSESSMENT ADMINISTRATION	$5,000	$5,000	$5,000	$0				
MANAGEMENT FEES	$33,475	$19,527	$19,527	$0				
I NFORMA Tl ON TECHNOLOGY	$600	$350	$350	$0				
TELEPHONE	$200	$117	$30	$87				
POSTAGE	$500	$292	$109	$183				
TRAVEL PER DI EM	$250	$146	$0	$146				
PRINTING & BINDING	$500	$292	$475	($184)				
INSURANCE	$10,000	$10,000	$8,930	$1,070				
LEGAL ADVERTISING	$2,500	$1,458	$9,174	($7,715)				
OTHER CURRENT CHARGES	$300	$175	$0	$175				
OFFICE SUPPLIES	$200	$117	$2	$115				
PROPERTY APPRAISER	$500	$500	$512	($12)				
DUES, LICENSES & SUBSCRIPTIONS	$175	$175	$175	$0				
FIEW:										
FIELD SERVICES	$7,500	$4,375	$4,375	$0				
UTILITIES	$12,000	$7,000	$4,666	$2,334				
LANDSCAPE MAINTENANCE	$174,851	$101,996	$88,035	$13,962				
LANDSCAPE CONTINGENCY	$10,000	$5,833	$1,690	$4,143				
PROPERTY INSURANCE	$6,300	$6,300	$5,723	$577				
LONDON CREEK RANCH MAINTENANCE	$30,000	$17,500	$10,000	$7,500				
LAKE MAINTENANCE	$12,080	$7,047	$5,880	$1,167				
LAKE CONTINGENCY	$5,000	$2,917	$0	$2,917				
DRAINAGE R&M	$5,000	$2,917	$0	$2,917				
IRRIGATION REPAI RS	$2,500	$1,458	$5,739	($4,281)				
LIGHTING MAINTENANCE	$5,000	$2,917	$689	$2,228				
REPAIRS & MAINTENANCE	$5,000	$2,917	$824	$2,093				
CONTINGENCY	$5,000	$2,917	$0	$2,917				
									
TOTAL EXPENDITURES	$413,581	$247,699	$194,195	$53,505				
									
EXCESS REVENUES (EXPENDITURES)		$0		$165,316					
									
FUND BALANCE - BEGINNING		$0		$334,310					
									
FUND BALANCE - ENDING		$0		$499,626					

2

REVENUES:

ASSESSMENTS - TAX ROLL INTEREST

TOTAL REVENUES

EXPENDITURES:

INTEREST - 11/1

PRINCIPAL-11/1

INTEREST - 05/1

TOTAL EXPENDITURES

EXCESS REVENUES (EXPENDITURES

FUND BALANCE- BEGINNING

FUND BALANCE- ENDING

Shingle Creek

COMMUNITY DEVELOPMENT DISTRICT

SERIES 2015

DEBT SERVICE FUND

Statement of Revenues & Expenditures

For The Period Ending April 30, 2019

	ADOPTED	PRORATED BUDGET	ACTUAL		
	BUDGET	THRU 4/30/19	THRU 4/30/19	VARIA NCE	
	Sl,433,611	Sl,433,611	Sl,369,502	(S64,109)	
		so	so	S20,229	SZ0,229	
	Sl,433,611	Sl,433,611	Sl,389,732	(S43,879)	
	S530,002	$530,002	S530,002	$0	
	S370,000	S370,000	S370,000	so	
	S523,296	so	so	so	
	Sl,423,298	$900,002	$900,002	so	
						
		Sl0,313		$489,730	_	
						
	$928,041		Sl,641,106		

	S938,354		S2,130,836		

3

Shingle Creek

COMMUNITY DEVELOPMENT DISTRICT

SERIES 2019

DEBT SERVICE FUND

Statement of Revenues & Expenditures

For The Period Ending April 30, 2019

			ADOPTED	PRORATED BUDGET		ACTUAL			
			BUDGET	THRU 4/30/19		THRU 4/30/19	VARIANCE		
REVENUES:		$0	$0	$715,953	$715,953		
BOND PROCEEDS						
INTEREST	$0	$0	$1,487	$1,487		
								
TOTAL REVENUES		$0	$0	$717,440	$717,440		
EXPENDITURES:						
INTEREST - 05/1	$0	$0	$0	$0		
							
TOTAL EXPENDITURES		$0	$0	$0	$0		
			
EXCESS REVENUES (EXPENDITURES)		$_o _____________ ,.$;.71_7.,4;.._4o_______		
							
FUND BALANCE- BEGINNING		$0		$0			
							
FUND BALANCE • ENDING		$0		$717,440			

4

Shingle Creek

COMMUNITY DEVELOPMENT DISTRICT

SERIES 2015

CAPITAL PROJECTS FUND

Statement of Revenues & Expenditures

For The Period Ending April 30, 2019

			ADOPTED	PRORATED BUDGET		ACTUAL			
			BUDGET	THRU 4/30/19		THRU 4/30/19	VARIANCE		
REVENUES:		$0	$0	$138			
INTEREST				$138		
								
TOTAL REVENUES		$0	$0	$138	$138		
EXPENDITURES:						
CAPITAL OUTLAY	$0	$0	$0	$0		
							
TOTAL EXPENDITURES		$0	$0	$0	$0		

EXCESS REVENUES (EXPENDITURES) ______$;...o_______________$;...1_38 _______

FUND BAlANCE · BEGINNING	$0	$10,752	
			
FUND BALANCE· ENDING	so	$10,890	

5

Shingle Creek

COMMUNITY DEVELOPMENT DISTRICT

SERIES 2019

CAPITAL PROJECTS FUND

Statement of Revenues & Expenditures

For The Period Ending April 30, 2019

		ADOPTED	PRORATED BUDGET	ACTUAL			
		BUDGET	THRU 4/30/19	THRU 4/30/19	VARIANCE		
REVENUES:									
BOND PROCEEDS	$0	$0	$17,179,047	$17,179,047		
INTEREST	$0	$0	$19,616	$19,616		
TOTAL REVENUES									
	$0	$0	$17,198,663	$17,198,663		
EXPENDITURES:									
CAPITAL OUTLAY·CONSTRUCTION	$0	$0	$7,178,785	($7,178,785)		
CAPITAL OUTLAY·COST OF ISSUANCE	$0	$0	$559,601	($559,601)		
TOTAL EX PEN DITU RES									
	$0	$0	$7,738,386	$7,738,386		
EXCESS REVENUES (EXPENDITURES)						$9,460,277			
	$0					
FUND BALANCE· BEGINNING									
			$0		$0			
FUND BALANCE• ENDING							
		$0		$9,460,277			

6

Shingle Creek

Community Development District
				Oct	Nov	De<		Jan	~e 6	Mar	.,,,		May	J,n	,,,		AU§	Se pt	Total		
REVENUIS •																												
ASSE:5."5 MENTS - TAX ROLL	$0	$47,337		$265,411	$ 10,695		$19,890		$4,461		$11,717		so	$0		$0		$0		so	$359,511			
OEVELOPER CONTRIBUTfONS			so	so	$0	$0		$0		$0		$0	$0		$0		$0		$0		$0	$0			
				so									Si.4111	SlL717	$0						! o			~359,Sll  j		
TOTAL REvtNUES					$A7,337	$265,411	$ 10,695		$19,890						$0		$0				so			
EXPENDmJRES·																													
AOMINqPfADVE·																												
ENGINEERING	$960	SS63	$200	$900		$600		$200		$1,488	$0		$0		$0		so	$0	$4,910			
ATTORNEY	$2,036	S3,112	Sl,888	$2,735		$762		S638	$85	$0		$0		$0		$0		$0	$11,255			
ARBITRAGE	$0	$0		so	$0		$0		$0		$0		so	$0		$0		$0		$0	$0			
DISSEMINATION	$292	$292		$292	$292		$292		$583		$583		so	$0		so	so	so	$2,625			
ANNUAL AUOIT	$0	$0		so	$0		$0		$0		so		so	so	$0		$0		$0	$0			
TRUSTEE FEES			so	$0		$0	$0		$0		$0		$3,500		so	so	$0		$0		$0	S3.SOO		
A.2iE$  MENT ADMINISTRATION	$5,000	$0		$0		so	$0		$0		$0	$0		$0		$0		$0		$0	$5,000			
MANAGEMENT FEES			S2,790	$2,790		$2,790	$2,790		$2,790		$2,790		$2,790		so	$0		$0		$0		$0	$19,527			
INFORMATION TEOiNOLOGY	$0	$SO	$50	$50		$SO	$50		S50		so	so	so	$0		$0	$350			
TELEPHONE			so	$6		So	$0		so	$0		$23		so	so	so	so	$0	S30		
POSTAGE	$5	S23	$2	$23		$16		$18		S23	$0		$0		so	$0		$0	$109			
TRAVll PER ()(EM	$0	$0		so	$0		$0		$0		$0		so	so	$0		so	$0	so		
PRINTING & BINDING			S16	$6		$8	$107		$194		$118		S27	$0		so	so	$0		$0	$475			
IN~RANCE	$8,930	$0		$0	$0		so	$0		so	$0		$0		so	so	$0	$8,930			
LEGAL ADVERTISING			so	so	$204	$3,895		$4,382		$515		$178		so	so	$0		so	$0	$9,174			
OTHER CURRENT Q-IARGES			so	$0		so	$0		$0		so	so		so	so	$0		$0		so	$0			
OFFICE SU PPUES	$0	Sl	so		so	$0		$0		Sl		so	$0		$0		$0		$0	$2			
PROPERTY APPRAtsER	$0	$0		so		SSl2	so	$0		so		so	so	so	so	so	$512			
OU ES, LICENSES & SU BSCIUPTIONS			$l7S	$0		so		so	$0		so	so		so	so	$0		$0		$0	S17S		
flfl,,/l;,																so											
FIElD SERVICES			S625	$62S	$62S	$625		$62S	$625		$625			$0		$0		so	$0	$4,37S		
UTILITIES			Sn4	$617		$611		S755	$683		S607	S669		so	so	so	so	so	$4,666			
LANDSCAPE MAINTENANU:			s11.m	s11.m	$11,779		s11.m	s11.n9	$14,571		$14,571	$0		so	so	so	so	SBS,035		
LANDSCAPE CONTINGENCY			so	$0		$1,000		so	so	$690		so	$0		so	$0		$0		so	$1,690			
PROPERTY INSURANCE	$5,723	so	so	$0		so	so	so	$0		so	so	$0		$0	$5,723			
LONOON CREEK RANDI MAINTENANCE	$0	so	so		so	$2,000		so	$8,000	$0		$0		$0		$0		$0	s10.000		
lAKE MAINTENANCE	$840	S840	$840	$840		$840		S840	S840	$0		so	so	$0		so	$5,880			
LAKE OONTlNGENCV			so	$0		$0		so	so	So	so	$0		so	so	$0		so	so		
DRAINAGE R&M			so	$0		so		so	$0		$0		$0		so	$0		$0		$0		$0	$0			
IRRIGATION REPAIRS			so	S644	so	$3,735		$507		so	$853		so	so	so	so	so	$5,739			
LIGHTING MAINTENANCE			S464	so	$0	$0		so	$0		sm		so	$0		so	so	$0	S689		
REPAIRS & MAINTENANCE	$0	$0		so		so	so	S824	$0	$0		so	$0		so	$0	$824			
CONTINGENCY			so	$0		so		so	so	so	$0		so	so	$0		$0		$0	$0			
																									Sl94,195 I		
TOTAL E>CPENOlfURES			S40,407	$21,346		$20,288	$29,036		$25,519		$23,069		$34,529		so	so	$0		so	so			
																													
EXCESS REVENUES/IEXPENDmJRES)				jS40,407}	$25,991		$245,123	($18,342}		1$5,6301		IS1',6'JIII	($22,811}		so	so	so	so	so	$165,316  1		

7

Shingle Creek

COMMUNITY DEVELOPMENT DISTRICT

LONG TERM DEBT REPORT

SERIES 2015, SPECIAL ASSESSMENT REVENUE BONDS

	INTEREST RATE:	3.625%, 4.500%, 5.125%, 5.400%	
	MATUR lY DATE:	11/1/2045	
	R:SrnJE  FU NJ DEFINITION	50%MAXIM  UMNNlALDEBTSEIWICE	
	R:SERvE FU NJ R:QU IR:M  ENT	$16,689	
	RESERVE FUND BALANCE	$718,102	
	BONDS OUTSTANDING- 9/30/15	$21,465,000	
	LESS: PRINCIPAL PAYMENT 11/1/16	($345,000)	
	LESS: PRINCIPAL PAYMENT 11/1/17	($360,000}	
	LESS: PRINCIPAL PAYMENT 11/1/18	($370,000)	
	CURRENT BONDS OUTSTANDING	$20,390,000	
		
	SERIES 2019, SPECIAL ASSESSMENT REVENUE BONDS	
	INTEREST RATE:	3. 625%, 4.000%, 4. 750%, 5.000%	
	MATURITY DATE:	5/1/2049	
	RESERVE FUND DEFINITION	50% MAXIMUM ANNUAL DEBT SERVICE	
	RESERVE FUND REQUIREMENT	$566,645	
	RESERVE FUND BALANCE	$567,822	
	BONDS OUTSTANDING- 2/27/19	$17,895,000	
			
	CURRENT BONDS OUTSTANDING	$17,895,000	

8

SHINGLE CREEK

COMMUNITY DEVELOPMENT DISTRICT

							SPEOAL ASSESSMENT RECEIPTS· FY2019							
								TAX COLLECTOR										
								GROSS ASSESSMENTS	$	1,926,052	$	400,481	$	1,525,571			
									NET ASSESSMENTS	$	1,810,489	$	376,452	$	1,434,037			
																	2015			
	DATE		GROSS ASSESSMENTS  DISCOUNTS/	COMMISSIONS		INTEREST	NET AMOUNT	GENERAL FUND	DEBT SERVICE		TOTAL	
	RECEIVED	DIST.		RECEIVED	PENALTIES		PAID		INCOME			RECEIVED		20.79%		79.21%		100%	
11/9/18	ACH	$	6,567.80	$	299.82	$	125.36	$		$	6,142.62	$	1,277.22	$	4,865.40	$	6,142.62	
11/26/18	ACH	$	235,459.25	$	9,418.60	$	4,520.81	$		$	221,519.84	$	46,060.24	$	175,459.60	$	221,519.84	
12/10/18	ACH	$	1,269,627.58	$	50,787.48	$	24,376.80	$		$ 1,194,463.30	$	248,362.71	$	946,100.59	$ 1,194,463.30	
12/21/18	ACH	$	86,506.05	$	2,840.39	$	1,673.31	$		$	81,992.35	$	17,048.53	$	64,943.82	$	81,992.35	
1/11/19	ACH	$	49,474.50	$	1,484.24	$	959.81	$		$	47,030.45	$	9,778.96	$	37,251.49	$	47,030.45	
1/11/19	ACH	$	4,223.08	$	112.60	$	82.21	$		$	4,028.27	$	837.59	s	3,190.68	s	4,028.27	
1/11/19	ACH	$		$		$		$	375.31	$	375.31	$	78.04	$	297.27	$	375 .31	
2/13/19	ACH	s	333.67	$	10.01	$	6.47	$		s	317.19	$	65.95	$	251.24	$	317.19	
2/13/19	ACH	$	99,373.81	$	2,089.74	$	1,945.69	$		$	95,338.38	$	19,823.SS	$	75,514.83	$	95,338.38	
3/11/19	ACH	$	22,111.90	$	221.12	$	437.81	$		$	21,452.97	$	4,460.68	$	16,992.29	$	21,452.97	
4/9/19	ACH	$	55,003.33	$		$	1,100.07	$		$	53,903.26	$	11,208.01	$	42,695.25	$	53,903.26	
4/9/19	ACH	$	2,406.79	$		$	48.14	$		$	2,358.65	$	490.43	$	1,868.22	$	2,358.65	
4/12/19	ACH	$		$		$		$	90.35	$	90.35	$	18.79	$	71.56	$	90.35	
			$		$		$		$		$		$		$		$		
			$		$		$		$		$		$		$		$		
			$		$		$		$		$		$		$		$		
			$		$		$		$		$		$		$		$		
			$		$		$		$		$		$		$		$		
																	
	TOTALS		$	1,831,087.76	$	67,264.00	$	35,276.48	$	465.66	$	1,729,012.94	$	359,510.71	$ 1,369,502.23	$ 1,729,012.94	

9

Shingle Creek

Community Development District

Special Assessment Bonds, Series 2015

Date	Requisition #	Contractor	Description	
Fiscal Year 2015					
8/5/15		2	Lennar Corporation	Acquisition of Infrastructure	
			TOTAL		
Fiscal Year 2015					
6/1/15			Interest		
7/1/15			Interest		
8/1/15			Interest		
9/1/15			Interest		
			TOTAL		
				Acquisition/Construction Fund at 5/28/15	
				Interest Earned thru 9/30/15	
				Requisitions Paid thru 9/30/15	
				Remaining Acquisition/Construction Fund	
Footnote: Reguj5tlon l	paid through COi trust account.		

	Requisition	
$	4,969,742.47	
$	4,969,742.47	
$	117.39	
$	1,141.79	
$	1,308.61	
$	939.90	
$	3,507.69	
$	19,800,000.00	
$	3,507.69	
$	(4,969,742.47)	
	
$14,833,765.22	

Date

Fiscal Year 2016

10/2/15

10/2/15

10/26/15

11/12/15

11/12/15

10/13/16

Requisition #

3

4

5

6

7

8

	Contractor		Description		Requisition	
	Billing, Cochran, Lyles, Mauro & Ramsey	Bond Related Legal Admin & Construction Services	$	7,249.05	
	Franklin, Hart	& Reid	Survey, Bonds & Reimbursements through 9/1/15	$	4,868.75	
	Franklin, Hart	&	Reid	Bonds & Reimbursement through 10/7/15	$	7,010.00	
	Franklin, Hart	&	Reid	Construction Documents through 10/20/15	$	16,800.00	
	Lennar Corporation	Construction Reimbursement through 8/31/15	$	2,134,772.82	
	Franklin, Hart	&	Reid	CIP Plans & Budget/Reimbursement thru 8/26/16	$	1,125.00	
							
	TOTAL				$	2,171,825.62	

Fiscal Year 2016		
10/1/15	Interest	
11/1/15	Interest	
12/1/15	Interest	
1/1/16	Interest	
2/1/16	Interest	
3/1/16	Interest	
4/1/16	Interest	
S/1/16	Interest	
6/1/16	Interest	
7/1/16	Interest	
8/1/16	Interest	
9/1/16	Interest	
	TOTAL	

Acquisition/Construction Fund at 10/1/16

Interest Earned thru 9/30/16

Requisitions Paid thru 9/30/16

Remaining Acquisition/Construction Fund

Footnote: Requisitions 3-5 & 7 accrued in FY15

$	121.93		
$	125.89		
$	110.58		
$	669.03		
$	1,724.86		
$	2,062.11		
$	2,417.37		
$	2,423.00		
$	2,603.24		
$	2,680.56		
$	2,673.20		
$	2,767.00		
$	20,378.77		
$14,833,765.22		
$	20,378.77		
$	(2,171,825.62)		
			
$12,682,318.37		

10

Shingle Creek

Community Development District

Special Assessment Bonds, Series 2015

Date	Requisition #	Contractor	Description				Requisition		
Fiscal Year 2017													
3/3/17	9	Lennar Corporation	Reimbursement  of Storey Lake Blvd. Ph 2 Costs	$	836,192.94			
8/18/17	10	Frankling Surveying & Mapping Inc.	lnv#l19971, 120026 & 120155 - Review SL Ph2 Reim.	$	6,372.50			
8/18/17	11	Frankllng Surveying & M appinJjnc.	lnv#l20210 • 2016-2017 Relmb. Analysis & Review	$	2,275.00			
8/18/17	12	Lenn,r Corporation	Reimbursement  of Storey LakeBlvd. Tract 1 Ph 1 & 2 Costs	$	5,386,076.19			
8/18/17	13	KPM Franklin	lnv#l20239 • Review of Storey Lake Reimbursements	$	7,700.00			
													
			TOTAL		$	6,238,616.63			
Fiscal Year 2017													
10/1/16			Interest		$	2,801.29			
11/1/16			Interest		$	2,873.66			
12/1/16			Interest		$	2,870.92			
1/1/17			Interest		$	3,647.87			
2/1/17			Interest		$	4,545.84			
3/1/17			Interest		$	4,345.66			
4/1/17			Interest		$	5,108.09			
5/1/17			Interest		$	5,813.08			
6/1/17			Interest		$	6,347.31			
7/1/17			Interest		$	7,239.72			
8/1/17			Interest		$	8,589.50			
9/1/17			Interest		$	7,075.16			
													
			TOTAL		$	61,258.10			
					Acquisition/Construction Fund at 10/1/16	$ 12,682,318.37			
					Interest Earned thru 9/30/17	$	61,258.10			
					Requisitions Paid thru 9/30/17	$ (6,238,616.63)			
					Remaining Acquisition/Construction Fund							
						$	6,504,959.84			
											
Date	Requisition #	Contractor	Description				Requisition		
Fiscal Year 2018													
1/29/18	14	KPM Franklin	lnv#l20578. Services related to Lennar reimbursement #5	$	6,300.00			
3/6/18	15	Lennar Corporation	Reimbursement #5 for Storey Lake	$	3,055,535.89			
3/6/18	17	KPM Franklin	lnv#l20608 • Services related to Lennar reimbursement #5	$	3,062.50			
5/16/18	18	KPM Franklin	lnv#120746 • Services related to property e•panslon	$	2,992.50			
5/16/18	19	KPM Franklin	lnv#l20687 • Services related to Lennar reimbursement #5			s	3,062.50			
5/25/18	20	KPM Franklin	lnv#l20839 • Services related to Lennar reimbursement #6	$	4,522.50			
7/31/18	21	Lennar Corporation	Reimbursement #6 for Storey Lake	$	3,472,433.75			
9/6/18	22	KPM Franklin	lnv#l20931- Services related to Lennar reimbursement #6	$	2,975.00			
													
			TOTAL		$	6,550,884.64			
Fiscal Year 2018									s				
10/1/17			Interest					4,835.74			
11/1/17			interest				s	5,242.63			
12/1/17			Interest				s	5,080.64			
1/1/18			Interest				s	5,934.33			
2/1/18			Interest		$	6,621.83			
3/1/18			Interest		$	6,207.86			
4/1/18			Interest		$	4,611.53			
5/1/18			Interest		$	4,415.24			
6/1/18			Interest		$	4,769.92			
7/1/18			Interest				s	4,896.61			
8/1/18			Interest		$	5,135.19			
9/1/18			Interest				s	22.50			
												
			TOTAL		$	57,774.02			
					Acquisition/Construction Fund at 10/1/17	$	6,504,959.84			
					Interest Earned thru 9/30/18	$	57,774.02			
					Requisitions Paid thru 9/30/18	$ [6,550,884.64)			
											
					Remaining Acquisition/Construction Fund		$	11,849.22			

11

Shingle Creek

Community Development District

Special Assessment Bonds, Series 2015

Date	Reguisltion #		Contractor	Description			Requisition		
Fiscal Year 2019												
10/16/18	23		KPM Franklin	Inv# 121113 - Lennar Reimbursment & Completion of Survey	$	960.00					
10/16/18	24		KPM Franklin	Inv# 121199 - Certification of Requisition #21	$	137.50					
												
			TOTAL		$	1,097.50					
Fiscal Year 2019												
10/1/18			Interest		$	18.98					
11/1/18			Interest		$	19.42					
12/3/18			Interest		$	18.51					
1/2/19			Interest		$	19.93					
2/1/19			Interest		$	20.93					
3/1/19			Interest		$	19.01					
4/1/19			Interest		$	21.20					
												
			TOTAL			$	137.98					
				Acquisition/Constn,1ction Fund at 9/30/18	$	11,849.22					
				Interest Earned thru 4/30/19	$	137.98					
				Requisitions Paid thru 4/30/19	$	(1,097.50)				
				Remaining Acquisition/Construction Fund								
					$	10,889.70					

12

Shingle Creek

Community Development District

Special Assessment Bonds, Series 2019

Date	Requisition#	Contractor	Description		Requisition		
Fiscal Year 2019							
2/27/19	1	Len OT Holdings, LLC	Reimbursement#l 2019 Project/Impact Fees	$	7,178,785.01		
							
		TOTAL		$	7,178,785.01		
Fiscal Year 2019							
3/1/19		Interest		$	1,188.82		
4/1/19		Interest		$	18,415.26		
							
		TOTAL		$	19,604.08		
		Acquisition/Construction Fund at 2/27/19	$16,617,945.75		
			Interest Earned thru 4/30/19	$	19,604.08		
			Requisitions Paid thru 4/30/19	$	(7,178,785.01)		
						
		Remaining Acquisition/Construction Fund	$	9,458,764.82		

13

AUDIT COMMITTEE MEETING

SECTION Il l

SECTION A

SHINGLE CREEK COMMUNITY DEVELOPMENT DISTRICT
REQUEST FOR PROPOSALS

Annual Audit Services for Fiscal Year 2019

Osceola County, Florida

INSTRUCTIONS TO PROPOSE

SECTION 1. DUE DATE. Sealed proposals must be received no later than Friday, July 26, 2019, at 2:00 P.M., at the offices of District Manager, located 135 W. Central Blvd., Suite 320, Orlando, FL 32801. Proposals will be publicly opened at that time.

SECTION 2. FAMILIARITY WITH THE LAW. By submitting a proposal, the Proposer is assumed to be familiar with all federal, state, and local laws, ordinances, rules, and regulations that in any manner affect the work. Ignorance on the part of the Proposer will in no way relive it from responsibility to perform the work covered by the proposal in compliance with al such laws, ordinances and regulations.

SECTION 3. QUALIFICATIONS OF PROPOSER. The contract, if awarded, will only be awarded to a responsible Proposer who is qualified by experience and licensing to do the work specified herein. The Proposer shall submit with its proposal satisfactory evidence of experience in similar work and show that it is fully prepared to complete the work to the satisfaction of the District.

SECTION 4. SUBMISSION OF ONLY ONE PROPOSAL. Proposers shall be disqualified and their proposals rejected if the District has reason to believe that collusion may exist among the Proposers, the Proposer has defaulted on any previous contract or is in arrears on any previous or existing contract, or for failure to demonstrate proper licensure and business organization.

SECTION 5. SUBMISSION OF PROPOSAL. Submit seven (7) copies and one (1) electronic copy of the Proposal Documents, and other requested attachments at the time and place indicated herein, which shall be enclosed in an opaque sealed envelope, marked with the title "Auditing Services- Shingle Creek Community Development District" on the face of it.

SECTION 6. MODIFICATION AND WITHDRA WL. Proposals may be modified or withdrawn by an appropriate document duly executed and delivered to the place where proposals are to be submitted at any time prior to the time and date the proposals are due. No proposal may be withdrawn after opening for a period of ninety (90) days.

SECTION 7. PROPOSAL DOCUMENTS. The proposal documents shall consist of the notice announcing the request for proposals, these instructions, the Evaluation Criteria Sheet and a proposal with all required documentation pursuant to Section 12 of these instructions (the "Proposal Documents").

SECTION 8. PROPOSAL. In making its proposal, each Proposer represents that it has read and understands the Proposal Documents and that the proposal is made in accordance therewith.

1

SECTION 9. BASIS OF AWARD/RIGHT TO REJECT. The District reserves the right to reject any and all proposals, make modifications to the work, and waive any informalities or irregularities in proposals as it is deemed in the best interests of the District.

SECTION 10. CONTRACT AWARD. Within fourteen (14) days of receipt of the Notice of Award from the District, the Proposer shall enter into and execute a Contract (engagement letter) with the District.

SECTION 11. LIMITATION OF LIABILITY. Nothing herein shall be construed as or constitute a wavier of District's limited waiver of liability contained in section 768.28, Florida Statutes, or any other statute or law.

SECTION 12. MISCELLANEOUS. All proposals shall include the following information in addition to any other requirements of the proposal documents.

A.	List position or title of all personnel to perform work on the District audit. Include resumes for each person listed: list years of experience in present position for each party listed and years of related experience.

B.	Describe proposed staffing levels, including resumes with applicable certifications.

C.	Three references from projects of similar size and scope. The Proposer should include information relating to the work it conducted for each reference as well as a name, address and phone number of a contact person.

D.	The lump sum cost of the provision of the services under the proposal for Fiscal Year 2019, 2020, 2021, 2022 and 2023. The District intends to enter into five (5) separate one-year agreements.

E.	Provide a proposed schedule for performance of the audit.

SECTION 13. PROTESTS. Any protest regarding the Proposal Documents, must be filed in writing, at the offices of the District Manager, within seventy-two (72) hours after the receipt of the documents. The formal protest setting forth with particularity the facts and law upon which the protest is based shall be filed within seven (7) calendar days after the initial notice of protest was filed. Failure to timely file a notice of protest or failure to timely file a formal written protest shall constitute a waiver of any right to object or protest with respect to aforesaid plans, specifications or contract documents.

SECTION 14. EVALUATION OF PROPOSALS. The criteria to be used in the evaluation of proposals are presented in the Evaluation Criteria Sheet, contained within the Proposal Documents.

2

AUDITOR SELECTION

EVALUATION CRITERIA

1.	Ability of Personnel.	(20 Points)

(E.g., geographic locations of the firm's headquarters or permanent office in relation to the project; capabilities and experience of key personnel; present ability to manage this project; evaluation of existing work load; proposed staffing levels, etc.)

2.	Proposer's Experience.	(20 Points)

(E.g. past record and experience of the Proposer in similar projects; volume of work previously performed by the firm; past performance for other Community Development Districts in other contracts; character, integrity, reputation, of respondent, etc.)

3.	Understanding of Scope of Work.	(20 Points)

Extent to which the proposal demonstrates an understanding of the District's needs for the services requested.

4.	Ability to Furnish the Required Services.	(20 Points)

Extent to which the proposal demonstrates the adequacy of Proposer's financial resources and stability as a business entity necessary to complete the services required (E.g. the existence of any natural disaster plan for business operations).

5.	Price.	(20 Points)

Points will be awarded based upon the price bid for the rendering of the services and reasonableness of the price to the services.

SECTION 8

SHINGLE CREEK

COMMUNITY DEVELOPMENT DISTRICT

REQUEST FOR PROPOSALS FOR ANNUAL AUDIT SERVICES

The Shingle Creek Community Development District hereby requests proposals for annual financial auditing services. The proposal must provide for the auditing of the District's financial records for the Fiscal Year ending September 30, 2019, with an option for four additional annual renewals. The District is a local unit of special-purpose government created under Chapter 190, Florida Statutes, for the purpose of financing, constructing, and maintaining public infrastructure. The District is located in Osceola County and has a general administrative operating fund and a debt service fund.

The Auditing entity submitting a proposal must be duly licensed under Chapter 173, Florida Statutes and be qualified to conduct audits in accordance with "Government Auditing Standards," as adopted by the Florida Board of Accountancy Audits shall be conducted in accordance with Florida Law and particularly Section 218.39, Florida Statutes, and the rules of the Florida Auditor General.

Proposal packages, which include evaluation criteria and instructions to proposers, are available from the District Manager at the address and telephone number listed below.

Proposers must provide seven (7) copies and one (1) electronic copy of their proposal to GMS - CF, LLC, District Manager, 135 W. Central Blvd., Suite 320, Orlando, FL 32801, telephone (407) 841-5524, in an envelope marked on the outside "Auditing Services - Shingle Creek Community Development District." Proposals must be received by Friday, July 26, 2019, 2:00 P.M., at the office of the District Manager. Please direct all questions regarding this Notice to the District Manager.

George S. Flint

Governmental Management Services - Central Florida, LLC
District Manager