Shingle Creek

Community Development District

Agenda

November

5,

2018

Shingle Creek

Community Development District

135 W. Central

Phone:

Blvd., Suite 320, Orlando, Florida 32801 407-841-5524- Fax: 407-839-1526

October

29,

2018

Board of Supervisors

Shingle Creek Community

Development District

Dear Board Members:

The will

meeting be held

of the Board of Supervisors of the Shingle Creek Community Development District

Monday, November 5, 2018 at 12:00 p.m. at the Oasis Club at ChampionsGate,

1520 Oasis Club  Blvd., ChampionsGate, Florida.

regular meeting:

Following is

the

advance

agenda

for

the

1.

2.

3.

6.

7.
4.

5.

8.

Roll Call					
Public Comment Period				
Organizational Matters				
A.	Acceptance of Resignation of Alvey Kaufman and Appointment of Individual		
	Fulfill the Board Vacancy	with a Term Ending November 2019		
B.	Administration of Oath of Office to	Newly Appointed Board Member		
	Consideration of Resolution 2019-01 Electing an Assistant Secretary		
C.			
						
Approval of	Minutes of the October 1, 2018	Meeting		
Staff Reports					
A.	Attorney				
B.	Engineer				
C.	District Manager's Report				
	i.	Approval of Check Register			
Other	ii.	Balance Sheet and	Income Statement		
	Business				
Supervisor's	Requests				
Adjournment				

to

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

where the as reflected

public on the

has an agenda,

The third of Alvey

order of business is Organizational Matters. Kaufman and appointment of individual

Section to fulfill

A	is the

the acceptance of resignation Board vacancy with a term

ending November 2019.	A copy of	the resignation letter	is enclosed for your review.  Section B		
is the	administration of	the Oath of	Office to the newly appointed Board Member and Section C		
is  the					
	consideration  of	Resolution  2019-01  electing  an	Assistant  Secretary.	A  copy  of  the		
						
Resolution is enclosed for your review.				

The fourth order of business is the approval minutes are enclosed for your review.

of

the

minutes

of

the

October 1, 2018 meeting.

The

The fifth order of the check register income statement

business is Staff Reports.	Section 1

being submitted for approval and

for your review.

of the District Manager's Report includes Section 2 includes the balance sheet and

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

at

the meeting.

In

the

meantime,

if

you

should

Sincerely,

George S. Flint

District Manager

Cc:

Jan Carpenter, District Counsel

Michael Enot, District Engineer

Darrin Mossing, GMS

Enclosures

SECTION

Ill

SECTION

A

From:  George Flint gflint@gmscfl.com

Subject:	Fwd: COD Resignation

Date:  October 8, 2018 at 7:57 AM

To:  svanderbilt@gmscfl.com

Sent from my iPhone

Begin forwarded message:

From: Alvey Kaufman <AI.Kaufman @Lennar.com>

Date: October 8, 2018 at 7:39:43 AM EDT

To: "gflint@gmscfl.com" <gflint@gmscfl .com>

Cc: Adam Morgan <Adam.Morgfill@lennar.com>

Subject: CDD Resignation

Mr. Flint,

Effective immediately, I will need to resign from the

Thank you

Shingle Creek

CDD

Board

of

Supervisors.

Alvey Kaufman Vice President

of

Construction

al.kaufman@lennar.com

www.LennarOrlando.com

Office: 407.586.4057

Cell: 813.434.5527

Fax: 407.279.3427

6750 Forum Drive, Suite 310

QrlandQ, FL 328~.

This e-mail is or privileged. mail, you are you received

intended only for the use of the person to whom it is addressed and contains information which may If you are not the person to whom this e-mail is addressed, or an agent authorized by such person to hereby notified that any examination, copying, distribution or other unauthorized use of this e-mail is this e-mail in error, please notify me immediately at the e-mail address referenced above.

be confidential receive this e-prohibited. If

SECTl

·ON

C

RESOLUTION 2019-01

A	RESOLUTION	OF	THE	SHINGLE	CREEK

COMMUNITY	DEVELOPMENT	DISTRICT	ELECTING
______	_____	_  AS	ASSISTANT

SECRETARY OF THE BOARD OF SUPERVISORS

WHEREAS, the Board of Supervisors desires to elect ___________

of the Shingle Creek Community District
___ as an Assistant Secretary.

NOW, THEREFORE, BE IT RESOLVED BY THE OF SUPERVISORS OF THE SHINGLE COMMUNITY DEVELOPMENT DISTRICT:

BOARD

CREEK

1.	__________

Board of Supervisors.

_	is	elected	Assistant	Secretary	of	the

Adopted

this

5

th

day

of November, 2018.

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, October 1, 2018 at 12:00 p.m. at the Oasis Club at

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

Present and constituting a quorum were:

Lane Register	Chairman

Adam Morgan	Vice Chairman

Mark Revell	Assistant Secretary

Also present were:

George Flint	District Manager
Andrew d' Adesky	District Counsel

Michael Enot	District Engineer
Alan Scheerer	Field Manager

Michelle Barr	Lennar Homes by phone
Clayton Smith	GMS

FIRST ORDER OF BUSINESS

Roll Call

Mr.

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

SECOND ORDER OF BUSINESS

Public Comment Period

Mr. Flint: For the record, public comments.

we only have Board Members and staff here,

so

there are

no

THIRD

ORDER

OF

BUSINESS

Approval
Meeting

of

Minutes

of

the August 6, 2018

Mr.

Flint:	You have the minutes from the August 6, 2018 meeting.	Did the Board have

any additions, deletions or corrections?

Mr. Register:	They look good.

Mr. Morgan:	They look good to me.

Mr.

Flint:

Ifthere

are no corrections, we need a motion to approve them.

October I, 2018

Shingle Creek CDD

On MOTION by Mr. Register,
in  favor,	the	Minutes  of the

approved as presented.

seconded by Mr. August 6, 2018

Morgan, with all Meeting, were

FOURTH ORDER OF BUSINESS

Ratification

of

Series 2015 Requisition #22

Mr.

previously

Flint:	Requisition #22 is to pay KPM Franklin, in the amount of $2,975.		
			
signed and transmitted to the Trustee.  We are asking the Board to ratify it.		
On MOTION by Mr. Morgan, seconded by Mr. Register, with all		
in favor, Requisition #22 for Series 2015, was ratified.		

It

was

FIFTH ORDER OF BUSINESS

Consideration

and #24

of

Series 2015 Requisitions #23

Mr.

Flint:

Requisition

#23

is for KPM Franklin,

in the

amount

of

$960 and Requisition

#24 for KPM Franklin, in the amount motion to approve those requisitions.

of

$137.50.	Are there any questions?

If

not, we need a

On MOTION by Mr.

in favor, Requisitions

Register, seconded by #23 and #24 for Series

Mr. Morgan, with all 2015, were approved.

SIXTH ORDER OF BUSINESS	Staff Reports

A.	Attorney

Mr. Flint:  Andrew?

Mr.  d'Adesky:	Yes.	We  are  trying

to

move  ahead  regarding  the  expansion.	We

submitted the petition and it's being reviewed by Osceola County.	I contacted Jeff Larson who

is

with Long Term Planning, and he is reviewing the file.	Two weeks ago, he met with others in

the County and they had them, that they are going done an expansion under

some comments. They to come back with those the new restrictions, so

informed me this morning, when I contacted comments. This is the first time that they have they are probably tweaking the language. We

don't know what those changes are, but

we

are expending those to turn around

as

quickly as

possible

to

get that finalized.	We are working with the District Engineer, Michael Enot, to clean

up to

one of the parcels. the CDD fully, as

We need to modify a Legal it was showing up as owned

Description in order to get by the CDD and Lennar.

it It

transferred over turns out that a

2

October

1,

2018

Shingle Creek CDD

portion of that tax parcel, a small pond, will be retained So we are cleaning up that Legal Description.

Mr. d' Adesky: We are just waiting on approval a request from him to approve. I will look into that.

by Lennar.	The rest

to proceed by Mark.

will

We

go to

have

the CDD.

to submit

B.	Engineer

Mr. Flint:  Mike, do you have anything?		
Mr.	Enot:	The main thing is that we reviewed all of the Requisitions and are going	to	
clean some items up. I need to have further discussion with Andrew to make sure that everything	
we get is correct, based upon the soft gate issue.		
Mr.	Flint:	So we are working on the expansion of the District, and then once that	is	
completed,	we will be moving forward with issuing bonds.  So, there are two activities going on.	
Part of the bond issue would be to have an Engineer's Report.		
Mr.	Morgan:  Is the expansion of the District for Westgate?		
Mr.	d' Adesky:  Parcel X and Bronson.		
Mr.	Enot:	It's for Westgate and Bronson.		
Mr.	Morgan:  We haven't brought in Bronson yet.		
Mr. Enot:  Not yet, so it's just Westgate.  They are not tied to the lot anyways.		

C.	District Manager's

i.	Approval of

Report

Check Register

Mr. Flint:	You have the Check Register from July 31, 2018 through September 25, 2018,

for the General Fund, totaling $74,040.15.  Are there any questions on the Check Register?

Mr. Morgan:	It looks good.

Mr. Flint:  If not, I would ask for a motion to approve it.

On MOTION by Mr. Register, seconded by Mr. Morgan, with all in favor, the Check Register was approved.

ii.

Balance Sheet and Income Statement

Mr.

No action is

Flint: You required by

also have the Board.

the If

unaudited financial statements through August 31, 2018.

you have any questions, we can discuss those.

SEVENTH ORDER

OF

BUSINESS

Other Business

3

October

1,

2018

Shingle Creek CDD

Mr. Flint:  Do you want to give a brief Field Manager Report on Shingle Creek?		
Mr.	Scheerer:  Sure.  Last week, I met with Michelle and the HOA team, as well as Down	
to Earth.  We did a complete inspection of the community.  I think everything is coming along	
nicely.  In the interim, we ordered some alligator information signs that were requested.	We	
looked at those locations, and will be putting those signs up in the next seven to ten days.  The	
entry lights in the Storey Lake sign weren't working, so we had Terry's Electric come out and	
they found a bad LED driver.  That driver was removed and replaced, so all of the lights are	
working at both entrances now.  We are still waiting for some turnover in that phase, in the back,	
on Storey Lake Boulevard.  We will be doing some additional planting, now that we are in the	
2019 budget season.			
Mr. Morgan:  What about along Natures Ridge Road?  We were talking at last meeting	
about the money we were paying Down to Earth for mowing back there.  We weren't sure what	
parcels were getting mowed.  Do you remember the discussion?  It was about the roundabout?		
Mr.	Register:  Yes.			
Mr.	Morgan:  Did we get a good updated map and description of everything that they are	
doing there?			
Mr. Scheerer:  Yes sir.  We also cleaned up the back of the wall along State Road 535 .	
There were some areas back there.  That is being done now on a regular basis.		
Mr.	Register:  Did we ever get that mattress out of there?		
Mr. Scheerer:  Yes.  I believe that everything has been cleaned up.		
Mr.	Register:  There was a mattress there for about three months.		
Mr.	Scheerer:  I'm pretty sure that everything was cleaned up.  Down to Earth went back	
there and mowed.  Mowing and cleaning is being done on a consistent basis now.  We will just	
have to keep an eye on all of the debris that gets dumped back there from time-to-time.		
Mr. Register:  Has somebody prepared those maps?	I think the biggest thing that we took	
issue with, was the roundabout, because the vast majority	of the plantings are not in the area	
associated with the roundabout, which includes Phase 3, including the center of the roundabout.	

Mr. Scheerer:  That's getting re-done, right?

Mr. Register:	That's just Bahia right now, so

120 days, give or take.	A lot of the street trees and

that's going to be planted in the next

irrigation are in, on the perimeter.	I

90 to think

4

October

l,

2018

Shingle Creek CDD

that's what we discussed at the last meeting, which was to ensure that we weren't being charged	
to maintain plants that were present in that roundabout.		
Mr.	Scheerer:  That's correct.  Yes sir.		
Mr.	Register:  Have you produced a map?		
Mr.	Scheerer:	I have not provided the Board with a map.  I thought we had that at the last	
meeting, but I could be wrong.			
Mr.	Register:	I will review that.		
Mr.	Scheerer:  So will 1.			
Mr. Register:  We will discuss that off-line.		
Mr. Scheerer:  Yes sir.			
Mr. Flint:  Is there any other discussion?		
Ms. Barr:  I don't know if the 'Stop' sign was brought up yet, and if it was determined if	
that would be pulled out.			
Mr. Morgan:  There is a 'Stop' sign where the stop light is?	
Mr.	Scheerer:	Yes sir.  There is a 'Stop' sign that was installed after the traffic signals	
were installed, on the left turn lane.  We don't know whether it needs to be there or whether we	
can remove it.					
Mr.	Flint:  It doesn't need to be there if there's a traffic light there.	
Mr. Register:		I'm emailing Barry right now to ensure that occurs.	
Mr.	Scheerer:	We can make it happen.		
Mr.	Register:	That's fine.	Are we talking about Osceola Parkway and Storey Lake	
Boulevard?						
Mr.	Scheerer:  Yes sir.  That is correct.  It's coming out.		
Ms. Barr:  Okay, thank you.	I knew that we had a traffic light there.	
Mr.	Revell:	Is there any irrigation plan from the roundabout to the intersection?  The	
intersection	is  finishing  up  and  Osceola  County  is  asking  whether  there  is  going  to  be	
landscaping in the area.			
Mr.	Register:	I can't answer that question right now.	Let me get back to you on that.	
It's basically, from the existing boundary of Storey Lake Boulevard to the intersection.	
Mr.	Revell:	We are going to discuss that at next Tuesday's meeting.  The CRA owns it	
and they understand that we took everything out, but they want	to be told what's going back in.	

5

October 1,	2018	

Mr. Register:	I understand.

Mr. Revell:	That's in two weeks, on Tuesday, at 2:00 p.m.

Mr. Flint:  Is there anything else?

Ms. Barr:  I'm good.  Thank you.

Shingle Creek CDD

EIGHTH ORDER OF BUSINESS	Supervisor's Requests

Mr.

Flint:  Is there anything further from the Board?

If

not, we need a motion to adjourn.

NINTH ORDER OF BUSINESS	Adjournment

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

Secretary / Assistant Secretary	Chairman / Vice Chairman	

6

· SECTION

V

SECTt·O

N

C

...

S ECTION

1

Bank

General Fund

Shingle Creek

Community Development District

Summary of Checks

September 25, 2018 to October 29, 2018

Date	Check#		Amount		
					
9/25/18	251	$	5,000.00		
9/27/18	252-253	$	13,896.29		
10/2/18	254-255	$	4,190.00		
10/5/18	256	$	3,776.93		
10/16/18	257-258	$	12,043.00		
10/25/18	259	$	175.00		
		$	39,081.22		
		$	39,081.22 1		

AP300R *** CHECK

DATES

09/25/2018

-

YEAR-TO-DATE	ACCOUNTS	PAYABLE	PREPAID/COMPUTER

10/29/2018	***	GENERAL	FUND
BANK	A GENERAL	FUND

CHECK

REGISTER

RUN

10/29/18

PAGE

1

CHECK	VEND#
DATE

9/25/18	00011

..•.• INVOICE ...•....EXPENSED	TO...		SUBCLASS	VENDOR  NAME			
DATE	INVOICE	YRMO	DPT  ACCT#	SUB					
9/21/1868	201809	300-15500-10000					
	FY19  ASSESSMENT	ROLL	CERT	GOVERNMENTAL	MANAGEMENT	SERVICES		

STATUS						AMOUNT			....CHECK •••..		
									AMOUNT	#		
*					5,000.00						
												
-	-	-	-	-	-	- - -	-	-	5,000.00	000251		
									----			

9/27/18	00014	

9/26/18 9/26/18 9/26/18

8376	SITE	201805	320-53800-46300		
LCR		INSPECT/VEG.MNT		
8376A	SITE	201809	320-53800-46300		
LCR		INSPECT/VEG.MNT		
8376A	201809	320-53800-46300
TREAT	NUISANCE/VEG.
AUSTIN

ENVIRONMENTAL

CONSULTANTS

*				2,000.00					
*				2,000.00					
*				8,000.00					
-	- -	-	-	----	-	12,000.00	000252		
						-----			

9/27/18	00016	9/20/18	82631	201808	310-51300-31500					
			CDD	MTG/PET.REV/EXPAND					
					LATHAM,	SHUKER,	EDEN	&	BEAUDINE	

*			1,896.29						
									
-	- - -	-	----	-	-	1,896.29	000253		
						----			

10/02/18	00007	

--------
10/02/18	00020

10/01/18		29381	201810		320-53800-47000		
		WATERWAY	MAINT		3	PONDS	AQUATIC		
----	-	----	- - -	-	-	-----			
							-		
10/04/18		121210	201809		310-51300-31100		
		REV.PROJ.STATUS/BOND/CDD			

WEED

CONTROL,

INC.

*						840.00							
													
-	-	-	-	-	-	- - -	-	-	-	840.00	000254		
										- - -			
*					3,350.00							

--------
10/05/18  00011

---------	----	FRANKLIN		
		-------		
10/01/1869	201810	310-51300-34000		
MANAGEMENT  FEES-OCT18		
10/01/1869	201810	310-51300-35200		
INFORMATION  TECH-OCT18		
10/01/1869	201810	310-51300-31300		
DISSEMINATION  FEES-OCT18		
10/01/1869	201810	310-51300-51000		
OFFICE	SUPPLIES	310-51300-42000		
10/01/1869	201810			
POSTAGE				
10/01/1869	201810	310-51300-42500		
COPIES				

SURVEYING

&

MAPPING

INC.

-	-	-	-	-	-	-	- -	-	-	3,350.00	000255		
										----			
*					2,789.58						
													
*							50.00						
													
*						291.67						
													
*							.27						
													
*							4.66						
													
*							15.75						

--------
10/16/18	00023

10/01/1870 FIELD

----	-	- - -		
10/10/18		12704		
10/10/18		MTHLY		
		12704		
10/10/18		MTBLY		
		12704		
		MTHLY		

201810	320-53800-12000		
MANAGEMENT-OCT18		
-----	GOVERNMENTAL		
	-------		
201810	320-53800-46200		
MNT-OCT18-PHASEI		
201810	320-53800-46200		
MNT-OCT18-PHASEII		
201810	320-53800-46200		
MNT-OCT18-AREA1		

MANAGEMENT

SERVICES

*			625.00						
									
- - -	-	-	----	-	-	3,776.93	000256		
						----			
*			6,116.00						
									
*			1,423.00						
									
*			350.00						

SHIN	SHINGLE

CREEK

TVISCARRA

AP300R				YEAR-TO-DATE	ACCOUNTS  PAYABLE  PREPAID/COMPUTER	CHECK	REGISTER		
*** CHECK	DATES	09/25/2018	-						
				10/29/2018  ***	GENERAL	FUND	FUND				
					BANK  A	GENERAL					

RUN	10/29/18	PAGE	2	

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

AMOUNT

•.•• CHECK .....
AMOUNT	#

10/16/18	00013	
10/25/18	00008	

10/10/18	12704		201810	320-53800-46200						
10/10/18	MTHLY	MNT-OCT18-ADD-PHP2						
	12704		201810	320-53800-46200						
	MTHLY	MNT-OCT18-ADD-AREA						
				DOWN	TO	EARTH	LAWNCARE	II,  INC		
9/30/18	14821290	201809	310-51300-48000						
	NOT.OF	FY19  MEETING  DATES						
				ORLANDO	SENTINEL			
10/01/18	72474		201810	310-51300-54000						
	FY19	SPECIAL  DISTRICT  FEE						
				DEPARTMENT  OF	ECONOMIC	OPPORTUNITY		

*

*

*

*

1,150.00

2,739.58

264.42

175.00

11,778.58	000257	
264.42	000258	
175.00	000259	

TOTAL	FOR	BANK	A

TOTAL	FOR	REGISTER

39,081.22

39,081.22

SHIN	SHINGLE

CREEK

TVISCARRA

..

SECTION

2

•	•	•	•	•

•

•	•

•

•	•

•

• •

•

•

•
•

Shingle Creek

Community

Development

District

Unaudited Financial Reporting

September

30,

2018

•

•

•	•

•

•	•

1

2

3

4

5

6

7

8-9

Table of Contents

Ba la nee Sheet

General Fund Income Statement

Debt Service Income Statement

Capital Projects Income Statement

	Month to Month	
	Long Term Debt Summary	
FY18	Assessment Receipt Schedule	
Series 2015 Construction Schedule	

Shingle Creek

COMMUNITY DEVELOPMENT DISTRICT

BALANCE SHEET

September 30, 2018

General	Debt Service

Fund	Fund

Capital Projects

Fund

Totals

2018

ASSETS:

CASH

OPERATING ACCOUNT - SUNTRUST

ASSESSMENT RECEIVABLE

INVESTMENTS

SERIES 2015

RESERVE

REVENUE

SINKING FUND

CONSTRUCTION

DUE FROM DEVELOPER

PREPAID EXPENSES

TOTAL ASSETS

LIABILITIES:

ACCOUNTS PAYABLE

FUND EQUITY:

FUND BALANCES:

RESTRICTED FOR DEBT SERVICE 2015

RESTRICTED FOR CAPITAL PROJECTS 2015

UNASSIGNED

TOTAL  LIABILITIES & FUND EQUITY

$319,378				
		$78,614			
		$722,666			
		$831,815			
		$3			
			$11,849	
$3	,400				
$19	,6S3				
$342,431	$1,633,097	$11,849	
$7,096		$1	,098	

	$1,633,097		
		$10,752	
$335,334			
$342,431	$1,633,097	$11,849	

$319,378

$78,614

$722,666

$831,815

$3

$11,849

$3,400

$19,653

$1,987,377

$8,194

$1,633,097

$10,752

$335,334

$1,987,377

REVENUES;

ASSESSMENTS-TAX ROLL

ASSESSMENTS-DIRECT BILLED

TOTAL REVENUES

EXPENDITURES:

ADMINISTRATIVE:

Shingle Creek

COMMUNITY DEVELOPMENT DISTRICT

GENERAL FUND

Statement of Revenues & Expenditures

For The Period Ending September 30, 2018

ADOPTED	PRORATED BUDGET

BUDGET	THRU 9/30/18

$259,435	$259,435

$100,520	$100,520

$359,955	$359,955

ACTUAL

THRU 9/30/18

$261,154

$100,520

$361,673

VARIANCE

$1,719

$0

$1,719

ENGINEERING		
ATTORNEY			
ARBITRAGE			
DISSEMINATION		
ANNUAL AUDIT		
TRUSTEE FEES		
ASSESSMENT ADMINISTRATION	
MANAGEMENT FEES	
INFORMATION TECHNOLOGY	
TELEPHONE			
POSTAGE			
TRAVEL PER DIEM		
PRINTING &	BINDING	
INSURANCE			
LEGAL	ADVERTISING	
OTHER CURRENT CHARGES	
OFFICE SUPPLIES		
PROPERTY APPRAISER	
DUES,	LICENSES &	SUBSCRIPTIONS	
FIELD:				
Fl ELD SERVICES		
UTILITIES			
LANDSCAPE	MAINTENANCE	
LANDSCAPE	CONTINGENCY	
PROPERTY INSURANCE	
LONDON CREEK RANCH MAINTENANCE	
LAKE MAINTENANCE	
LAKE CONTINGENCY	
IRRIGATION REPAIRS	
LIGHTING MAINTENANCE	
REPAIRS & MAINTENANCE	
CONTINGENCY		
TOTAL EXPENDITURES	
EXCESS REVENUES (EXPENDITURES)	
FUND	BALANCE -	BEGINNING	
FUND	BALANCE -	ENDING	

$25,000

$40,000

$650

$3,500

$6,400

$3,500

$5,000

$32,500

$600

$200

$500

$250

$500

$10,000

$2,500

$300

$200

S500

$175

$7,500

$12,000

$125,000

$7,500

$6,300

$35,000

$10,080

ss,ooo

$2,000

$0

$0

S17,300

$359,955

$0

$0

$0

$25,000

$40,000

$650

$3,500

$6,400

$3,500

$5,000

$32,500

$600

$200

$500

S250

$500

$10,000

$2,500

$300

$200

$500

$175

$7,500

$12,000

$125,000

$7,500

$6,300

$35,000

$10,080

$5,000

$2,000

$0

$0

$17,300

$359,955

$24,321	
$24,645	
$650	
S3,SOO	
S6,400	
$3	,500	
$5,000	
$32,500	
$600	
	$7	
$107	
	so	
$142	
$8,930	
$1,852	
	S52	
	$4	
$421	
$175	
$7,500	
$8,016	
S122,873	
$20,992	
$5,723	
$30,000	
Sl0,080	
	$0	
$2,125	
$1,040	
$980	
$2,686	
$324,818	
$36,856	
S298,479	
$335,334	

$679

$15,355

$0

{$0)

$0

$0

$0

$0

so

S193

S393

$250

S358

$1,070

S648

$248

S196

$79

$0

$0

$3,984

$2,128

{$13,492)

$577

$5,000

$0

$5,000

($125)

($1,040)

($980)

$14,614

$35,137

2

REVENUES:

ASSESSMENTS-TAX ROLL

ASSESSMENTS- DIRECT BILLED

INTEREST

TOTAL REVENUES

EXPENDITURES:

-	11/1

	PRINCIPAL - 11/1 INTEREST - 05/1INTEREST

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 September 30, 2018	
ADOPTED	PRORATED BUDGET	
BUDGET		THRU 9/30/18	
$1,239,880		$1,239,880	
$193,499		$193,499	
$0		$0	
$1,433,379		$1,433,379	
$536,527		$536,527	
$360,000		$360,000	
$530,002		$530,002	
$1,426,529		$1,426,529	
$6,850			
$905,843			
$912,693			

ACTUAL

THRU 9/30/18

$1,248,090

$167,624

$20,683

$1,436,397

$536,527

$360,000

$530,002

$1,426,529

$9,868

$1,623,229

$1,633,097

VARIANCE

$8,210

($25,875)

$20,683

$3,018

$0

$0

$0

$0

3

REVENUES:

INTEREST

TOTAL REVENUES

EXPENDITURES:

CAPITAL OUTLAY

TOTAL EXPENDITURES

EXCESS REVENUES (EXPENDITURES)

FUND BALANCE· BEGINNING

FUND BALANCE· ENDING

Shingle Creek

COMMUNITY DEVELOPMENT DISTRICT

SERIES 2015

CAPITAL PROJECTS FUND

Statement of Revenues & Expenditures

For The Period Ending September 30, 2018

ADOPTED	PRORATED BUDGET

BUDGET	THRU 9/30/18

$0	$0

$0	$0

$0	$0

$0	$0

$0

$0

$0

ACTUAL		
THRU 9/30/18	VARIANCE	
$57,774	$57,774	
$57,774	$57,774	
$6,551,982	($6,551,982)	
$6,551,982	($6,551,982)	
($6,494,208)		
$6,504,960		
$10,752		

4

!!ll!!!!l!§.;			
ASSESSMENTS -	TAX ROLL		
ASSESSMENTS -	DIREO BILLED		
TOTAL REViNUES	I		
			
fXPfNDITURES:			
ADMINISTRATIVE:			

Oct

$0

$25,130

$~, J)O

No,

$17,883

so

$17,883

Dec

$202,597

$0

S202.S97

	Shingle Creek		..,		
Community Development District				
Jao	Feb	Mar				
$5,360	$11,025	$5,464		$9,558		
$25,130	$0	$0	$25,130		
$30,490	$11,025	~5,464	5	34,688		

May	'""	fol		
				
$1,6n	$7,587	$3		
$0	$0	$25,130		
Sl.6n	$7,587	$25,133		

.,.	Sept	Total			
					
$0	$0	$261,154			
$0	$0	$100,520			
$0	$0	$361,673	I		

ENGINEERING				
ATTORNEY					
ARBITRAGE					
OlSSEMINATION			
ANNUAl AUDIT			
TRUSTEE FEES				
ASSESSMENT ADMINISTRATION			
MANAGEMENT	FEES			
INFORMATION	TEotNOLOGV			
TELEPHONE					
POSTAGE					
TRAVEL PER DIEM			
PRINTING &BINDING			
INSURANCE					
LEGAL ADVERTISING			
OTHER OJRRENT OIARGES			
OFFICE SUPPLIES			
PROPERTY APPRAISER			
DUES, LICENSES & SUBSCRIPTIONS			
=					
FIELD SERVICES				
UTILITIES					
LANDSCAPE	MAINTENANCE			
LANDSCAPE	CONTINGENCY			
PROPERlV INSURANCE			
LONDON CREEK RANCH MAINTENANCE			
LAKE MAINTENANCE			
LA.CE CONTINGENCY			
IRRtGA.TION	REPAIRS			
UGHTlNG MAINTENANCE			
REPAIRS & MAINTENANCE			
CONTINGENCY				
TOTAL EXPENDITURES	I		
					
Exass REVENUES/(EXPENOrfUR£SI	I		

$875

$3,212

so

$292

$0
so

$5,000

$2,70<

$50

$0

$6

$0

Sn

$8,930

$764

$0

$0

$0

S175

$625

$672

$10,042

$6,097

$5,723

$0

$840

$0

$0

$0

$0

so

$46,022

{$20,892)

$1,448

$2,87'

$0

$292

$0

$0
so

$2,708

550

$0

$12

$0

$3

$0

$249

$0

$0

$0

$0

$625

$650

$9,039

$7,700

$0

$0

$840

$0

$818

$0

so

S376

$27,683

{$9,800)

$1,033

$773

$0

$292
so

$0

$0

$2,708

$50

$0

S2

$0

$17

$0

so

$0

$0

so

$0

$625

S60S

$8,742

so

$0

$0

$840

$0

$0

$0

$0
so

$15,688

$186,910

$0

$490

$0

$292
so

so

$0

$2,708

$SO

$0

$2

$0

$1

$0

so

$50

so

so

$0

$625

S7SS

S9,039

so

so

Sl,000

$840
so

$0

$0

$0

$1,157

$17,00K

$13,481

S700

$748

$0

$292

$0

so

$0

$2,708

$50

$0

S2

$0

$0
so

$0

$0

so

$421

so

$625

$699

$9,039

so

so

So

$840

$0

$640

$1,040

$380

so

$18,184

($7,1591

$945

$3,055

$0

$292

so

$0

$0

$2,708

$50

$0

$1

$0
so

so

$0

$0

so

$0

$0

$625

$670

$9,039
so

$0

$0

$840
so

$245

$0

so

$358

$18,827

{$13,3631

$525

$624

$0

$292

$0

$0

$0

$2,708

$50

$7

$9

$0

$25
so

$0

$0
so

$0

$0

$625

$571

$9,039

$0

$0

$9,000

$840

$0

$0

$0

$600

$0

$24,916

$9,nl

$350	$9,996	53,975	
$3,511	$3,105	$2,948	
$650	$0	$0	
$292	$292	$292	
$6,400	$0	$0	
$3,500	$0	$0	
$0	$0	$0	
$2,70<	$2,708	$2,708	
$50	$50	$50	
$0	so	$0	
$14	$9	$30	
so	so	$0	
$14	$10	$21	
$0	$0	$0	
$0	$0	$575	
$0	so	$2	
$1	$0	so	
So	$0	$0	
so	$0	$0	
$625	$625	$625	
$710	$635	$651	
$11.779	$11,779	$11,779	
$1,100	$4,445	so	
$0	$0	so	
$2,000	$8,000	$0	
S840	$840	$840	
$0	$0	$0	
$0	$0	$0	
$0	$0	$0	
$0	so	$0	
$460	$0	$0	
$35,004	S42,494	$24,496	
1$33,3271	!S34,90K)	$636	

$1,125

Sl,896

$0

$292
so

so

$0

$2,70<

$50

$0

$4

$0

$3
so

$0

$0

$0

$0

$0

$625

$734

$11,779

$1,650

so

so

S840

so

$423

so

so

S33S

$22.462

{$22,462)

$3,350

$1,409

$0

$292

$0

so

$0

$2,70<

$50

$0

$16

$0

$36

$0

$264

$0

$0

$0

$0

$625

$663

$11,779

$0

$0

Sl0,000

$840

$0

$0

$0

$0
so

$32,032

1m,0321

$24,321

$24,645

$650

53,500

$6,400

S3,SOO

$5,000

$32,500

$600

$7

$107

$0

$142

$8,930

$1,852

$52

$4

$421

S17S

$7,500

$8,016

$122,873

$20,992

$5,723

$30,000

$10,080

$0

$2,125

$1,040

$980

$2,686

$324,818 1

$36,856 1

5

Shingle

Creek

COMMUNITY

DEVELOPMENT

DISTRICT

LONG

TERM

DEBT

REPORT

SERIES

2015,

SPECIAL

ASSESSMENT

REVENUE

BONDS

INTEREST RATE:		
MATURITY DATE:		
RESERVE FUND DEFINITION		
RESERVE FUND REQUIREMENT	
RESERVE FUND BALANCE		
BONDS OUTSTANDING- 9/30/15	
LESS:	PRINCIPAL PAYMENT	11/1/16	
LESS:	PRINCIPAL PAYMENT	11/1/17	

	3.625%, 4.500%, 5.125%, 5.400%	
11/1/2045		
50%	MAXIMUM	ANNUAL DEBT SERVICE	
	$716,689		
	$722,666		
		$21,465,000	
		($345,000)	
		($360,000)	

CURRENT

BONDS

OUTSTANDING

$20,760,000

6

DATE

RECEIVED

DIST,

SHINGLE CREEK

COMMUNITY DEVELOPMENT DISTRICT

SPECIAL ASSESSMENT RECEIPTS· FY2018

TAX COLLECTOR

GROSS ASSESSMENTS	$	1,595,016
NET ASSESSMENTS	$	1,499,315

GROSS ASSESSMENTS DISCOUNTS/	COMMISSIONS	INTEREST	NET AMOUNT

RECEIVED	PENALTIES	PAID	INCOME	RECEIVED

$	275,99S	
$	259,435	
GENERAL FUND	
	17.30¾	

$	1,319,021	
$	1,239,880	
	2015	
DEBT SERVICE	
	82.70%	

TOTAL

100%

11/9/17	
11/24/17	
12/15/17	
12/28/17	
1/16/18	
1/26/18	
2/14/18	
3/15/18	
3/15/18	
4/13/18	
4/13/18	
4/	24/18	
5/11/18	
6/14/18	
6/14/18	
6/20/18	
7/17/18	
TOTALS	

ACH	$	4,602.71	$	242.39	$	87.20	$			$	4,273.12	$	739.40	$	3,533.72	$	4,273.12		
ACH	$	105,311.94	$	4,212.63	$	2,022.00	$			$	99,077.31	$	17,143.94	$	81,933.37	$	99,077.31		
ACH	$	1,219,778.46	$	48,794.23	$	23,419.68	$			$	1,147,564.55	$	198,569.97	$	948,994.58	$	1,147,564.55		
ACH	$	24,538.71	$	789.88	$	474.97	$			$	23,273.86	$	4,027.22	$	19,246.64	$	23,273.86		
ACH	$	32,303.97	$	966.17	$	626.76	$			$	30,711.04	$	5,314.12	$	25,396.92	$	30,711.04		
ACH	$			$		$		$	263.57	$	263.57	$	45	.61	$	217.96	$	263.57		
ACH	$	66,459.00	$	1,441.69	$	1,300.34	$			$	63,716.97	$	11,025.33	$	52,691.64	$	63,716.97		
ACH	$	335.40	$		$	6.70	$			$	328.70	$	56	.88	$	271.82	$	328.70		
ACH	$	32,207.04	$	322 .08	$	637.71	$			$	31,247.25	$	5,406	.90	$	25,840.35	$	31,247.25		
ACH	$	53,934.06	$		$	1,078.69	$			$	52,855.37	$	9,145 .88	$	43,709.49	$	52,855.37		
ACH	$	2,394.	75	$		$	47.89	$			$	2,346.86	$	406.09	$	1,940.77	$	2,346.86		
ACH	$			$		$		$	32	.99	$	32.99	$	5.71	$	27.28	$	32.99		
ACH	$	9,889.	63	$		$	197.79	$			$	9,691.84	$	1,677.04	$	8,014.80	$	9,691.84		
ACH	$	12,110.88	$		$	242.22	$			$	11,868.66	$	2,053	.71	$	9,814.95	$	11,868.66		
ACH	$	508.99	$		$	10.18	$			$	498.81	$	86	,31	$	412.50	$	498.81		
ACH	$	32,120.	17	$		$	642.41	$			$	31,477.76	$	5,446	.79	$	26,030.97	$	31,477.76		
ACH	$			$		$		$	15	.16	$	15.16	$	2.62	$	12.54	$	15.16		
	$	1,596,495.71	$	56,769.07	$	30,794.54	$	311.72	$	1,509,243.82	$	261,153.49	$	1,248,090.33	$	1,509,243.82		

LEN OT HOLDINGS LLC

DATE

RECEIVED

10/ 16/17

1/2/18

2/24/18

4/3/18

7/10/18

10/11/18

DUE

DATE

10/1/17

1/1/18

3/1/18

4/1/18

7/1/18

9/1/18

DIRECT BILLED ASSESSMENTS									
		$294,018.67				$100,519.	65	$193,499.02		
OIECK		NET		AMOUNT		GENERAL		SERIES		
NO.		ASSESSED		RECEIVED		FUND			2015		
912999	$	25	,129.91	$	25,129.91	$	25,129.91	$			
937980	$	25	,129.91	$	25,129.91	$	25,129.91	$			
959934	$	89	,009.55	$	89,009.55	$		-	$	89,009.55		
973293	$	25,129.91	$	25,129.91	$	25,129.91	$	-		
											
1015552	$	25,129.91	$	25,129.91	$	25,129.91	$			
1066083	$	104,489.47	$	78,614.00	$			$	78,614.00		
	$	294,018.66	$	268,143.19	$	l00,S19.64	$	167,623.55		

7

Shingle

Creek

Community Development District

Special Assessment Bonds, Serles 2015

Date	Requisition #	Contractor	Description

Fiscal Year 2015

8/5/15	2	Lennar Corporation	Acquisition of Infrastructure

TOTAL

	Requisition	
$	4,969,742.47	
$	4,969,742.47	

Fiscal Year 2015

6/1/15

7/1/15

8/1/15

9/1/15

Interest

Interest

Interest

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

$	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	

Footnote: Reaulstion 1 pa id through COi trust account.

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	$	4,86B.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

11/1/15

12/1/15

1/1/16

2/1/16

3/1/16

4/1/16

5/1/16

6/1/16

7/1/16

8/1/16

9/1/16

Footnote: Requisitions 3-5 & 7 accrued in FY15

Interest

Interest

Interest

Interest

Interest

Interest

Interest

Interest

Interest

Interest

Interest

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

$	121.93	
$	125.89	
$	110.58	
$	669.03	
$	1,724.B6	
$	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	

8

Shingle

Creek

Community

Development

District

Special Assessment Bonds, Serles 2015

Date

Fiscal Year 2017

3/3/17

8/18/17

8/18/17

8/18/17

8/18/17

Requisition#	Contractor		Description			Requisition		
								
9	Lennar Corporation	Reimbursement	of Storey LakeBlvd. Ph 2 Costs	$	836,192.94		
10	Frankllng Surveying & Mapping Inc.	Jnv#l19971, 120026	& 120155 - Review SL Ph2 Reim.	$	6,372.50		
11	Franldlng Surveying & M appinjjnc.	lnv#l20210 • 2016-2017 Reimb. Analysis &	Review	$	2,275.00		
12	Lenn..-Corporation	Reimbursement  of Storey Lake Blvd. Tract 1 Ph	1 & 2 Costs	$	5,386,076.19		
13	KPM Franklin	lnv#120239 • Review of Storey Lake Reimbursements	s	7,700.00		
	TOTAL				$	6,238,616.63		

Fiscal Year 2017

10/1/16

11/1/16

12/1/16

1/1/17

2/1/17

3/1/17

4/1/17

5/1/17

6/1/17

7/1/17

8/1/17

9/1/17

Interest

Interest

Interest

Interest

Interest

Interest

Interest

Interest

Interest

Interest

Interest

Interest

TOTAL

Acquisition/Construction Fund at 10/1/16

Interest Earned thru 9/30/17

Requisitions Paid thru 9/30/17

Remaining Acquisition/Construction Fund

$	2,801.29	
$	2,873.66	
$	2,870.92	
$	3,647.87	
$	4,545.84	
$	4,345.66	
$	5,108.09	
$	5,813.08	
$	6,347.31	
s	7,239.72	
$	8,589.50	
$	7,075.16	
$	61,258.10	
$	12,682,318.37	
$	61,258.10	
$	(6,238,616.63)	
$	6,504,959.84	

Date	Requisition #	
Fiscal Year 2018		
1/29/18	14	
3/6/18	15	
3/6/18	17	
5/16/18	18	
5/16/18	19	
5/25/18	20	
7/31/18	21	
9/6/18	22	
Fiscal Year 2018		

Contractor

KPM Franklin

Lennar Corporation

KPM Franklin

KPM Franklin

KPM Franklin

KPM Franklin

Lennar Corporation

KPM Franklin

TOTAL

Description		Requisition	
lnv#l20578 - Services related to Lennar reimbursement #5	$	6,300.00	
Reimbursement #5 for Storey Lake	$	3,055,535.89	
Jnv#120608 - Services related to Lennar relm bursement #5	$	3,062.50	
lnv#l20746 - Services related to property expansion	$	2,992.50	
lnv#120687 - Services related to Lennar reimbursement #5	$	3,062.50	
lnv#l20839 • Services related to Lennar reimbursement #6	$	4,522.50	
Reimbursement #6 for Storey Lake	$	3,472,433.75	
lnv#l20931- Services related to Lennar reimbursement #6	$	2,975.00	
	$	6,550,884.64	

10/1/17

11/1/17

12/1/17

1/1/18

2/1/18

3/1/18

4/1/18

5/1/18

6/1/18

7/1/18

8/1/18

9/1/18

Interest

Interest

Interest

Interest

Interest

Interest

Interest

Interest

Interest

Interest

Interest

Interest

TOTAL

Acquisition/Comtructlon Fund at 10/1/17

Interest Earned thru 9/30/18

Requisitions Paid thru 9/30/18

Remaining Acquisition/Construction Fund

$	4,835.74	
$	5,242.63	
$	5,080.64	
$	5,934.33	
s	6,621.83	
$	6,207.86	
$	4,611.53	
$	4,415.24	
s	4,769.92	
s	4,896.61	
$	5,135.19	
$	22.50	
$	57,774.02	
$	6,504,959.84	
s	57,774.02	
$	(6,550,884.64)	
$	11,849.22	

9