DocuSign Envelope ID: 51036D16-A4F8-4F22-8852-A813AA418E2E

DocuSign Envelope ID: 51036D16-A4F8-4F22-8852-A813AA418E2E

May 1, 2023

Shingle Creek

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 1, 2023 at 12:00 p.m. at the Oasis Club at ChampionsGate 1520 Oasis Club Blvd. ChampionsGate, FL.

Present and constituting a quorum were:

Rob Bonin	Chairman
Adam Morgan	Vice Chairman
Logan Lantrip	Assistant Secretary

Also present were:

George Flint	District Manager
Kristen Trucco	District Counsel
Amanda Udstad	District Engineer
Alan Scheerer	Field Manager

FIRST ORDER OF BUSINESS	Roll Call
Mr. Flint called the meeting to order and called the roll at 12:00 p.m. We have three Board Members here and we have a quorum.

SECOND ORDER OF BUSINESS	Public Comment Period
Mr. Flint: There are no members of the public to provide public comment.

THIRD ORDER OF BUSINESS	Organizational Matters
Appointment of Individuals to Fulfill Vacancies in Seats #1, #2, #4 & #5
Mr. Flint: We do have seats #1, #2, #4, & #5 that have transitioned to general election that are occupied by carryover Board members at this point, but we don’t have any general electors that have come forward and expressed an interest in serving.

Administration of Oaths of Office
Election of Officers
Consideration of Resolution 2023-02 Electing Officers
Items 3A-D were tabled to a future meeting.

FOURTH ORDER OF BUSINESS	Approval of Minutes of the March 6, 2023
Meeting
Mr. Flint: We will go ahead and move on to item four which is approval of the minutes from March 6, 2023. Did the Board have any comments or corrections to those?
Mr. Morgan: I read through them; they all look good. I will make a motion to accept.

On MOTION by Mr. Morgan, seconded by Mr. Lantrip, with all in favor, the Minutes of the March 6, 2023 Board of Supervisors Meeting, were approved, as presented.

FIFTH ORDER OF BUSINESS	Consideration	of	Resolution	2023-01
Approving the Proposed Fiscal Year 2024 Budget and Setting a Public Hearing
Mr. Flint: Next is Resolution 2023-01 approving a proposed budget and setting the public hearing for its final consideration. We’re recommending your August 7^th meeting at 12:00 p.m. in this location. Attached as Exhibit ‘A’ the proposed budget. This is not binding on the Board. It can be modified, if necessary. We are using about $20,000 of carryforward to balance the budget, but we don’t recommend at this time that you do an assessment increase for that. We think you can go at least another year using cash on hand to balance the budget. This budget keeps your per unit assessments the same as the prior year. Again, this can be changed between now and at the public hearing, if needed.
Mr. Morgan: I will make a motion to approve.

On MOTION by Mr. Morgan, seconded by Mr. Lantrip, with all in favor, the Resolution 2023-01 the Proposed Fiscal Year 2024 Budget and Setting a Public Hearing for August 7, 2023 at 12:00 p.m., was approved.

SIXTH ORDER OF BUSINESS	Staff Reports
Attorney
Mr. Flint: Staff reports, anything Kristen? Ms. Trucco: No updates from me.

Engineer
Mr. Flint: Engineer?
Ms. Udstad: No.

District Manager’s Report
Approval of Check Register
Mr. Flint: You have approval of the check register from March 1, 2023 to April 24, 2023 for $207,973.86. Any questions? If not, is there a motion to approve it?
Mr. Morgan: I will make a motion.

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

Balance Sheet and Income Statement
Mr. Flint: You have the unaudited financials through the end of March. If there are any questions, we can discuss those. There is no action required. Hearing none, the next item followed.

Presentation of Arbitrage Rebate Calculation Report for Series 2019 Bonds
Mr. Flint: You have the Series 2019 arbitrage rebate calculation report. This is required by the IRS. The report indicates that we have no arbitrage issues. Is there a motion to accept the report?
Mr. Morgan: I will make a motion.

On MOTION by Mr. Morgan, seconded by Mr. Lantrip, with all in favor, the Arbitrage Rebate Calculation Report for Series 2019 Bonds, was approved.

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

EIGHTH ORDER OF BUSINESS	Supervisor’s Requests
Mr. Flint: Any other business or supervisor’s requests? Hearing none,

NINTH ORDER OF BUSINESS	Adjournment

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

Secretary / Assistant Secretary	Chairman / Vice Chairman