MINUTES OF MEETING EAST547
COMMUNITY DEVELOPMENT DISTRICT

The regular meeting of the Board of Supervisors of the East 547 Community Development District was held Thursday, June 10, 2021 at 1:30 p.m. at the Offices of Highland Homes, 3020
S. Florida Ave., Suite 101, Lakeland, Florida.

Present and constituting a quorum:

Brian Walsh Milton Andrade Jeff Shenefield Garret Parkinson
Also present were: Jill Bums
Roy Van Wyk via Zoom

FIRST ORDER OF BUSINESS

Chairman Vice Chair
Assistant Secretary Assistant Secretary

District Manager, GMS Hopping Green & Sams

Roll Call

Ms. Bums called the meeting to order and called the roll. Four Board members were present constituting a quorum.

SECOND  ORDER OF BUSINESS	Public Comment Period
Ms. Bums noted that there were no members of the public present for the meeting.

THIRD ORDER OF BUSINESS	Approval of the Minutes of the May 13,
2021 Board of Supervisors Meeting
Ms. Bums presented the minutes of the May 13, 2021 Board of Supervisors meeting and asked for any comments, questions, or corrections. The Board had no changes.

On MOTION by Mr. Walsh, seconded by Mr. Andrade, with all in favor, the Minutes of the May 13, 2021 Board of Supervisors Meeting, were approved.

FOURTH ORDER OF BUSINESS	Presentation of Supplemental Engineer's
Report
Ms. Bums noted that the engineer was not present at the meeting but added that the report had not changed since the prior meeting. Mr. Van Wyk added that at the prior meeting the District engineer had found that the costs in the Engineer's report were reasonable and that there was no indication that the project could not be completed as described in the report.
Ms. Bums asked for a motion to approve.

On MOTION by Mr. Andrade, seconded by Mr. Walsh, with all in favor, the Supplemental Engineer's Report, was approved.

FIFTH ORDER OF BUSINESS	Presentation of Supplemental Assessment
Methodology for AAl
Ms. Bums noted that the only change to the methodology was that it reflected the final pricing of the bonds that were circulated. She gave a brief review of the numbers, noting that there were 261 units in the assessment area, and she also reviewed the tables listed in the report.
Mr. Van Wyk asked if the Assessment Methodology was consistent with the Master Assessment Methodology that had been previously adopted, as well as if it was her opinion that the benefit was equal to or greater than the burden placed on the property by the assessments, to which she said yes. Mr. Van Wyk also asked Ms. Bums if the assessments were fairly and reasonably apportioned across the various products subject to the assessments, to which she answered yes.
Ms. Bums asked for a motion to approve.

On MOTION by Mr. Walsh, seconded by Mr. Andrade, with all in favor, the Supplemental Assessment Methodology for AAl, was approved.

SIXTH ORDER OF BUSINESS	Consideration	of	Resolution	2021-09
Supplemental	Assessment	Resolution (Series 2021 AAl)
Ms. Bums stated that the resolution set forth the particular terms for the sale of the Assessment Area 1 bonds and confirmed the liens of the levy of special assessments that secure

bonds. She presented the attached documents including the engineers report, the methodology, the legal description, and the sources and uses funds. She asked if the Board had any questions, and hearing none asked for a motion to approve.

On MOTION by Mr. Walsh, seconded by Mr. Andrade, with all in favor, Resolution 2021-09 Supplemental Assessment Resolution (Series 2021 AAl), was approved.

Consideration of Notice of Lien of Special Assessments (Series 2021 AAl)
Ms. Bums asked for a motion to authorize counsel to record in order to notify potential property owners of the bond issuance.

On MOTION by Mr. Andrade, seconded by Mr. Walsh, with all in favor, the Notice of Lien of Special Assessments (Series 2021 AA1) and Authorization for Counsel to Record the Notice, was approved.

SEVENTH ORDER OF BUSINESS	Consideration of Assignment of Contract
to Blue Ox
Ms. Bums stated that the contract would be assigned to the CDD and away from Clayton Properties Group, also noting that it was for Phase 1. She asked the Board if they had any questions and hearing none, asked for a motion to approve.

On MOTION by Mr. Andrade, seconded by Mr. Walsh, with all in favor, the Assignment of Contract to Blue Ox to the East 547 CDD, was approved.

EIGHTH ORDER OF BUSINESS	Staff Reports
Attorney
Mr. Van Wyk noted that they would be closing on the contract on the 15th and that all documents had been approved.
Engineer
There being none, the next item followed.

District Manager's Report
Balance Sheet & Income Statement

Ms. Bums stated this was included in the package and no action was needed.

NINTH ORDER OF BUSINESS
There being none, the next item followed.

TENTH ORDER OF BUSINESS

There being none, the next item followed.

Other Business

Supervisors	Requests	and	Audience Comments

ELEVENTH ORDER OF BUSINESS	Adjournment

On MOTION by Mr. Walsh, seconded by Mr. Andrade, with all in favor, the meeting was adjourned.

Ms. Burns adjourned the meeting.