East 547
Community Development District Meeting Agenda
June 13, 2024

East 547
Community Development District

219 E. Livingston St., Orlando, Florida 32801 Phone: 407-841-5524 – Fax: 407-839-1526
June 6, 2024

Board of Supervisors Meeting
East 547 Community Development District
Dear Board Members:

The regular meeting of the Board of Supervisors of the East 547 Community Development District will be held Thursday, June 13, 2024 at 11:00 AM at the Offices of Highland Homes, 3020 S. Florida Ave., Suite 101, Lakeland, FL 33803.

Zoom Video Join Link: https://us06web.zoom.us/j/89659351205
Call-In Information: 1-646-876-9923
Meeting ID: 896 5935 1205

Following is the advance agenda for the meeting:

Board of Supervisors Meeting

Roll Call
Public Comment Period (1Speakers will fill out a card and submit it to the District Manager prior to the beginning of the meeting)
Approval of Minutes of the April 11, 2024 Board of Supervisors Meeting
Consideration of Resolution 2024-04 Appointing an Assistant Secretary
Consideration of Easement Agreement with Duke Energy for Geneva Landings Phase 1 (to be provided under separate cover)
Ratification of Geneva Landings Phase 1 Property Conveyance Documents
Staff Reports
Attorney
Engineer
Field Manager’s Report (to be provided under separate cover)
District Manager’s Report
Check Register
Balance Sheet & Income Statement
Presentation of Number of Registered Voters—200
Other Business
Ethics Training
Supervisors Requests and Audience Comments
Adjournment

1 Comments will be limited to three (3) minutes

MINUTES
MINUTES OF MEETING EAST 547
COMMUNITY DEVELOPMENT DISTRICT

The regular meeting of the Board of Supervisors of the East 547 Community Development District was held Thursday, April 11, 2024 at 11:04 a.m. at the Offices of Highland Homes, 3020
S. Florida Ave., Suite 101, Lakeland, Florida.

Present and constituting a quorum:

Brian Walsh	Chairman
Milton Andrade	Vice Chairman
Jeff Shenefield	Assistant Secretary
Garret Parkinson	Assistant Secretary Also present were:
Jill Burns	District Manager, GMS
Roy Van Wyk	District Counsel, KVW Law
Chris Loy	District Counsel, KVW Law
Rey Malave via Zoom	District Engineer, Dewberry
Chace Arrington via Zoom	District Engineer, Dewberry
Marshall Tindall	Field Manager, GMS
KareyAnn Ellison	Appointed to Board

FIRST ORDER OF BUSINESS	Roll Call
Ms. Burns called the meeting to order at 11:04 a.m. and called the roll. Four Supervisors were present constituting a quorum.

SECOND ORDER OF BUSINESS	Public Comment Period
Ms. Burns stated that there were no members of the public present at the meeting and none joining via Zoom.
Ms. Burns stated a letter of resignation was received from Supervisor Joel Adams and asked for a motion to accept that letter of resignation.

April 11, 2024	East 547 CDD

Ms. Burns noted that leaves a vacancy on the Board and asked for a motion to fill that vacancy.

Mr. Burns administered the oath of office to Kareyann Ellison.

THIRD ORDER OF BUSINESS	Approval of Minutes of the November 9,
2023 Board of Supervisor’s Meeting
Ms. Burns presented the minutes of the November 9, 2023 Board of Supervisors meeting.
She asked if there were any questions, comments or corrections. Hearing no changes.

FOURTH ORDER OF BUSINESS	Consideration	of	Resolution	2024-01
Approving the Proposed Fiscal Year 2024/2025 Budget (Suggested Date: July 11, 2024), Declaring Special Assessments, and Setting the Public Hearings on the Adoption of the Fiscal Year 2024/2025 Budget and the Imposition of Operations and Maintenance Assessments (budget to be provided under separate cover)
Ms. Burns stated the proposed date for the budget public hearing and the hearing on assessment increase is July 11th at 11:00 a.m. at this location. The budget includes the platted lots in Phase 2 so includes all phases. The current year amount was $650 net per lot or $698.92 gross. This budget has no deficit funding in it so the total amount per lot is $1,074.81. It is an increase to Phase 1 and first time on Phase 2. Some things were put in the budget that could be taken out if needed. This budget does not have a reserve. She noted if they want to deficit fund a portion that can be brought down at the final.
April 11, 2024	East 547 CDD

FIFTH ORDER OF BUSINESS	Consideration	of	Resolution	2024-02
Designating a Date, Time, and Location for a Landowners’ Meeting and Election
Ms. Burns stated the proposed date is the regular meeting date in November.

SIXTH ORDER OF BUSINESS	Consideration	of	Resolution	2024-03
Ratifying Series 2023 Bonds
Ms. Burns stated the District closed on Assessment Area Two bonds on October 12th. This resolution ratifies, confirms, and approves all the actions taken by District officers and staff in coordination with the closing of that series of bonds.

SEVENTH ORDER OF BUSINESS	Ratification	of	Amended	and	Restated
Disclosure of Public Financing
Ms. Burns noted this has already been signed and recorded. It puts potential property owners in Assessment Area Two on notice of the bonds that were issued.

April 11, 2024	East 547 CDD

EIGHTH ORDER OF BUSINESS	Consideration	of	2024	Non-Ad	Valorem
Contract	Agreement	with	Polk	County Property Appraiser
Ms. Burns stated this is the annual renewal.

NINTH ORDER OF BUSINESS	Ratification of 2024 Data Sharing and Usage
Agreement	with	Polk	County	Property Appraiser
Ms. Burns stated this has already been approved and just needs to be ratified by the Board.

TENTH ORDER OF BUSINESS	Ratification of Easement Agreement with
Duke Energy
Ms. Burns stated this was executed and needs to be ratified.

FOURTEENTH ORDER OF BUSINESS	Staff Reports
Attorney
Mr. Van Wyk stated the rules will be updated in the fall and special meeting.

Engineer
Consideration of Work Order 2024-01 for Annual Consulting Engineering Services from Dewberry
Mr. Arrington noted he had nothing other than the work order. Ms. Burns stated this is Dewberry’s updated rates.
April 11, 2024	East 547 CDD

Field Manager’s Report
Mr. Tindall presented the field managers’ report including landscaping, lighting meter, pool gate adjustment, furniture cleaning, holiday decorations, fencing repairs, branch/limb clearing, traffic signs added to confusing area, ponds, wall extension.

Presentation and Consideration of Landscape Maintenance Contract Items
Field Summary of Landscape Proposal with Addendum for Phase 2 Pond Mowing
Existing Contract
Proposal for Fiscal Year 2025 Services Expansion
Mr. Tindall stated there is a field summary that discusses the proposal by the landscaper and there is a renewal for their contract that keeps everything current that was previously approved at the annual of $66,579.96. This is the amenity center and existing Phase 1 areas. 42 mows for the common areas and 26 for the ponds. The only change from last year is the $9,240 that would match weekly mows in the summer for all ponds and is recommended that be approved. It is under budget. The total for the existing services plus pond mows is $75,819.96. He discussed with the landscaper a proposal for next years services which includes everything including a forecast for the wall landscaping which came in at $108,227. It would also bring the pond mowings up to 32 which is recommended. The budget is at $120,000 and accounts for a little extra if something comes up as the phase comes online. The landscaper decided to include a proposal for a 5% increase for 2026 if the Board is interested in locking the contract for that duration. He stated they could do the rest of this year and next year and reevaluate in 2026. Ms. Burns noted they would still have the 30 day out if they wanted to lock it in.

April 11, 2024	East 547 CDD

Ms. Burns stated there was a small tract brought up yesterday. Mr. Tindall noted it’s a small section outside of the retaining wall that is not sodded between the rear of the lots and the wall. He noted he would review, take photos and update the Board.

District Manager’s Report
Check Register
Ms. Burns presented the check register from October 1, 2023 through the end of March for review. She noted a lot of the amount is the transfers.

Balance Sheet & income Statement
Ms. Burns noted financial statements from February were included in the package for review. She asked for any questions on those. No action is necessary.

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

SIXTEENTH ORDER OF BUSINESS	Supervisors	Requests	and	Audience
Comments
There being no comments, the next item followed.

SEVENTEENTH ORDER OF BUSINESS	Adjournment
Ms. Burns adjourned the meeting.

Secretary/Assistant Secretary	Chairman/Vice Chairman

Section IV
RESOLUTION 2024-04

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE EAST 547 COMMUNITY DEVELOPMENT DISTRICT ELECTING THE OFFICERS OF THE DISTRICT, AND PROVIDING FOR AN EFFECTIVE DATE
Whereas, the East 547 Community Development District (the “District”) is a local unit of special-purpose government created and existing pursuant to Chapter 190, Florida Statutes; and
WHEREAS, pursuant to Chapter 190, Florida Statutes, the Board of Supervisors (“Board”), shall organize by electing one of its members as Chair and by electing an Assistant Secretary, and such other officers as the Board may deem necessary.

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE EAST 547 COMMUNITY DEVELOPMENT DISTRICT:

SECTION 1.	DISTRICT OFFICERS. The following persons are elected to the offices
shown:

Assistant Secretary	KareyAnn Ellison

SECTION 2.	CONFLICTS. All Resolutions or parts of Resolutions in conflict herewith are hereby repealed to the extent of such conflict.
SECTION 3.	EFFECTIVE DATE. This Resolution shall become effective immediately upon its adoption.

Passed and adopted this 13th day of June 2024

ATTEST:	EAST 547 COMMUNITY DEVELOPMENT DISTRICT

Secretary/Assistant Secretary	Chairperson, Board of Supervisors

Section V

Item will be provided under separate cover.

Section VI

PREPARED BY AND RETURN TO:
Lauren Gentry
KILINSKI I VAN WYK PLLC
P.O. Box 6386
Tallahassee, Florida 32314
INSTR # 2024096008
BK 13092 Pgs 0765-0766 PG(s)2
04/25/2024 02:53:56 PM STACY M. BUTTERFIELD,
CLERK OF COURT POLK COUNTY RECORDING FEES 18.50

LIMITED LIABILITY COMPANY AFFIDAVIT FOR DEED
[PHASE 1]

STATE OF FLORJDA COUNTY OF POLK
I, D., Joel ltdqtnS ("Affiant"), on being duly sworn, state:
I am the Vile prKjdc,nt of Clayton Properties Group, Inc., a Tennessee Corporation( the "Company").

The management of the Company is vested in Affiant.
There has been no dissolution of the Company resulting from transfers of interests in the Company or otherwise. The Company has never been a debtor in a bankruptcy proceeding.

On behalf of the Company, I am authorized to transfer, convey, exchange, assign, mortgage or otherwise deal with or dispose of the property more particularly described on the attached Exhibit A (the "Property") or any interests therein.
On behalf of the Company, I am authorized to execute, acknowledge and deliver instruments of any kind that are necessary, convenient or incidental to the transfer of any interest in real property owned or controlled by the Company.
On behalf of the Company, I acknowledge this affidavit may be relied upon by the East 547 Community Development District (the "District") for the purpose of acquiring the Property and specifically consent to such reliance by the Distdc

I #"'1 C,.lA"(-,o,J	p/'Prl--	y.	,J;,( .
SWORN TO AND SUBSCRIBE before me by means of 5Jphysical presence or D online notarization this 23 day of April 2024 by llJoe, AaloCl\rYl.S , on behalf of Clayton Properties Group, Inc.

[notary seal]
 c	
(Official NotarySignature) Name:	Ch:tWDYl (,rot±:"/
Personally Known 			_
OR Produced Identification
Type of Identification 	_

Exhibit A PROPERTY DESCRIPTION
Tracts A, B, C, D, E, G; together with those Rights-of-Way identified as Mountain Flower Lane, Fleur Drive, Astrid Road, Geneva Landings Phase 1 Boulevard, Noble Drive, Sunset Way, Matterhorn Trail, Park Road, all as identified on the Plat titled "Geneva Landings Phase 1" as recorded at Plat Book 188, Pages 37 et seq., of the Official Records of Polk County, Florida.

Stacy M. Butterfield POLK
CFN# 2024096008 OR BK 13092 PG 766 Pgs 0765-0766 04/25/2024 02:53:56 PM

PREPARED BY AND RETURN TO:

Lauren Gentry, Esquire KILINSKI I VANWYK PLLC
P.O. Box 6386
Tallahassee, Florida 32314
INSTR # 2024096007
BK 13092 Pgs 0761-0764 PG(s)4
04/25/2024 02:53:56 PM STACY M. BUTTERFIELD,
CLERK OF COURT POLK COUNTY RECORDING FEES 35.50

SPECIAL WARRANTY DEED
[Phase 1]
THIS SPECIAL WARRANTY DEED is executed as of this 23 day of April 2024, by CLAYTON PROPERTIES GROUP, INC., a Tennessee corporation with a mailing address of PO Box 4098, Maryville, Tennessee 37802 (hereinafter called the "grantor"), in favor of EAST 547 COMMUNITY DEVELOPMENT DISTRICT, a local unit of special-purpose government, with a mailing address of c/o Governmental Management Services - Central Florida, LLC, 219 East Livingston Street, Orlando, Florida 32801 (hereinafter called the "grantee").

[Wherever used herein, the terms "grantor" and "grantee" shall include the singular and plural, heirs, legal representatives, successors and assigns of individuals, and the successors and assigns of corporations, as the context requires.]
WI TN E S S E TH:

That the grantor, for and in consideration of the sum of $10.00 and other valuable considerations, receipt whereof is hereby acknowledged, hereby grants, bargains, sells, aliens, remises, releases, conveys and confirms unto the grantee, all that certain land situated in Polk County, Florida, further described as follows:
Tracts A, B, C, D, E, G; together with those Rights-of-Way identified as Mountain Flower Lane, Fleur Drive, Astrid Road, Geneva Landings Phase 1 Boulevard, Noble Drive, Sunset Way, Matterhorn Trail, Park Road, all as identified on the Plat titled "Geneva Landings Phase 1" as recorded at Plat Book 188, Pages 37 et seq., of the Official Records of Polk County, Florida.

Subject to restrictions, covenants, conditions and easements, of record; however, reference hereto shall not be deemed to reimpose same.

TOGETHER with all the tenements, hereditaments and appurtenances thereto belonging or in anywise appertaining.

TO HAVE AND TO HOLD, the same in fee simple forever.

AND the grantor hereby covenants with said grantee that the grantor is lawfully seized of said land in fee simple; that the grantor has good right and lawful authority to sell and convey said land; and hereby warrants the title to said land and will defend the same against the lawful claims of all persons or entities whomsoever claiming by, through or under grantor.

Grantor represents that grantor has complied with the requirements of Section 196.295, Florida Statutes.

Note to Recorder: This deed conveys unencumbered property to a local unit of special-purpose government for no taxable consideration. Accordingly, pursuant to Rule 12B-4.014, F.A.C., only minimal documentary stamp tax is being paid hereon.

RESERVATION OF EASEMENT
GRANTOR(S) hereby reserves unto itself and its successors and assigns, and grantee by acceptance hereby gives and grants unto Grantor and its successors and assigns, non-exclusive easements for ingress and egress over, upon and across the Property and Easement areas, together with the rights to install, maintain, repair, plant, mow, cultivate, irrigate, improve and care for any drainage, hardscaping, landscaping, irrigation, wetland and related improvements, as applicable, and the right to maintain, repair and replace and improve any improvements now or hereafter located on the Property and Easement areas; provided, however, that grantor's reservation of rights hereunder shall not be deemed to impose any obligations on grantor to maintain, repair or replace any part of the Property or Easement areas or improvements located thereon.
{Signatures on following page]

2

IN WITNESS WHEREOF, the Parties have caused this Special Warranty Deed to be executed as of the day and year first written above.
GRANTOR:

STATE OF FLORIDA
coUNTY oF	PclK

SWORN TO AND SUBSCRIBED before me by means of  physical presence or O online notarization this Z3 day of April 2024, by D. ,JIJ:C,\ Ad0 M:$   , on behalf of Clayton Properties Group, Inc., a Tennessee Corporation.

[notary seal]
Name:	(;h,etV()U..  0n)\tj
Personally Known_\/-"------------- OR Produced Identification 		 Type of Identification 	_

3

ACCEPTANCE BY GRANTEE
By execution of this Special Warranty Deed, grantee does hereby accept this conveyance, subject to the foregoing covenants, conditions, and restrictions, and agrees that it and the Property are subject to all matters hereinabove set forth. grantee further agrees to comply with all terms, covenants, conditions, and restrictions provided in this Special Warranty Deed.
Dated this 23rd day of April, 2024.

Signed, sealed and delivered in the presence of:
EAST 547 COMMUNITY DEVELOPMENT
DISTRICT, a local unit ofspecial-puq>ose government established under Chapter 190 of the Florida Statutes

Name:		lCll '		By: Address: 302.0 s. hoHc\a ft:.::"t. &}e 10) Laje.e \and	, ft.		a3too3	

STATE OF FLORIDA COUNTY OF	pt>IK.

Chairpers
Board of Supervisors

The foregoing instrument was acknowledged before me by means of cglphysical presence or D online notarization this day of April, 2024, by Milton Andrade, as Chairperson of the Board of Supervisors of the East 547 Community Development District.

[notary seal]
(O.(ficial Notary Signature) Name:	Lb--eAro 	Dmtt-'J
Personally Known 			_
OR Produced Identification 		_ Type of Identification 	_

4
OWNER'S AFFIDAVIT

STATE OF FLORIDA
coUNTY oF	Po\\<.
BEFORE ME, the undersigned authority, personally appeared D. Joel Adams ("Affiant") as Vice President of Clayton Properties Group, Inc., a Tennessee corporation (the "Company" or "Owner"), with a mailing address of PO Box 4098, Maryville, Tennessee 37802, who after first being duly sworn deposes and states as follows:

That Affiant knows of his own knowledge that Clayton Properties Group, Inc. is the owner of the fee simple title in and to certain lands located in Polk County, Florida described as follows:

Tracts A, B, C, D, E, G; together with those Rights-of-Way identified as Mountain Flower Lane, Fleur Drive, Astrid Road, Geneva Landings Phase 1 Boulevard, Noble Drive, Sunset Way, Matterhorn Trail, Park Road, all as identified on the Plat titled "Geneva Landings Phase 1" as recorded at Plat Book 188, Pages 37 et seq., of the Official Records of Polk County, Florida.

That the above described land together with all improvements thereon ("Property") is free and clear of all liens, taxes, encumbrances and claims of every kind, nature and description whatsoever.
Affiant knows of no facts by reason of which the title to, or possession of, the Property might be disputed or questioned, or by reason of which any claim to any part of the Property might be asserted adversely.
That there are no mechanic's or materialman's or laborer's liens against the above described Property, nor any part thereof, and that no contractor, subcontractor, laborer or materialman, engineer, land engineer, or surveyor has any lien against said Property, or any part thereof.
That within the past ninety (90) days, the Owner has not made any improvements, alterations or repairs to the above described Property for which costs thereof remain unpaid, and that within the past ninety (90) days there have been no claims for labor or material furnished for repairing or improving the same at the instance of the Owner which remain unpaid.
That no proceedings in bankruptcy or receivership have ever been instituted by or against the Owner, nor has Owner ever made an assignment for the benefit of its creditors.
Affiant knows of no action or proceeding relating to the Property, which is now pending in any state or federal court in the United States affecting the Property, nor does Affiant know of any state or federal judgment or any federal lien of any kind or nature that now constitutes a lien or charge upon the Property.
Affiant knows of no unrecorded easements, liens, or assessments for sanitary sewers, streets, roadways, paving, other public utilities or improvements against the Property, nor are there any special assessments or taxes which are not shown as existing liens by the public records.
Affiant further states that he is familiar with the nature of an oath and with the penalties as provided by the laws of the State of Florida for falsely swearing to statements made in an instrument of this nature. Affiant further certifies that he has read the full facts set forth in this Affidavit and understands its content and context to be correct in all respects.

FURTHER AFFIANT SAYETH NOT.

By:

SWORN TO A D SUBSCRIBED before me by means of ciphysical presence or D online notarization this 23  day of April, 2024, by Ddoel Aclcu-ns, as Vilt proli:falbf Clayton Properties Group, Inc., a Tennessee corporation, on behalf of company.

[notary seal]
Name:	ChcNPn Ch)tt
Personally Known 		\/	_
OR Produced Identification
Type of Identification 	 _

2

Section VII

Section C

Item will be provided under separate cover.

Section D

Section 1

	Summary of Checks	

April 1, 2024 to April 30, 2024

Bank	Date	Check No.'s	Amount	

General Fund	

4/5/24	

312-314	

$	3,025.00	
	4/12/24	315-317	$	18,015.74	
	4/26/24	318-324	$	2,368.50	
			$	23,409.24	
AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER
*** CHECK DATES 04/01/2024 - 04/30/2024 ***	EAST 547-GENERAL FUND
BANK A GENERAL FUND
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...	VENDOR NAME
PAGE	1

....CHECK.....
DATE	DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS	AMOUNT	#
4/05/24 00044	3/29/24 11975	202403 330-57200-48201
JANITORIAL SVCS MAR24
3/29/24 11975	202403 330-57200-48201
EXTRA TRASH COLLECTED
CSS CLEAN STAR SERVICES	875.00 000312
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
4/05/24 00043	4/02/24 5	202404 310-51300-31300	*	500.00
AMORT SCHED S.21 5/1/24
DISCLOSURE SERVICES LLC	500.00 000313
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
4/05/24 00041	4/01/24 22358	202404 330-57200-48500	*	1,650.00
POOL MAINTENANCE - APR 24
RESORT POOL SERVICES	1,650.00 000314
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
4/12/24 00037	4/12/24 41224	202404 300-20700-10000	*	6,735.49
TXFER EXCESS RCPTS S2021
EAST 547 CDD/US BANK	6,735.49 000315
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
4/12/24 00001	4/01/24 92	202404 310-51300-34000	*	3,184.42
MANAGEMENT FEES - APR 24
4/01/24 92	202404 310-51300-35200	*	100.00
WEBSITE ADMIN - APR 24
4/01/24 92	202404 310-51300-35100	*	150.00
INFORMATION TECH - APR 24
4/01/24 92	202404 310-51300-31300	*	500.00
DISSEMINATION - APR 24
4/01/24 92	202404 330-57200-48300	*	416.67
AMENITY ACCESS - APR 24
4/01/24 92	202404 310-51300-51000	*	.63
OFFICE SUPPLIES 4/01/24 92
POSTAGE 4/01/24 93
FIELD MANAGEMENT - APR 24
GOVERNMENTAL MANAGEMENT SERVICES	5,731.92 000316
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
4/12/24 00035	4/01/24 91013	202404 320-53800-46200	*	5,548.33
LANDSCAPE MAINT - APR 24
WEBER ENVIRONMENTAL SERVICES, INC.	5,548.33 000317
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
4/26/24 00012	4/11/24 BW041120 202404 310-51300-11000	*	200.00
SUPERVISOR FEE 04/11/24
BRIAN WALSH	200.00 000318
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
4/26/24 00024	4/26/24 22405280 202403 310-51300-31100	*	782.50
GENERAL ENGINEERING MAR24
DEWBERRY ENGINEERS INC.	782.50 000319
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
E547 EAST 547 CDD	AGUZMAN
04/01/2024 - 04/30/2024 ***	EAST 547-GENERAL FUND

SUPERVISOR FEE 04/11/24

SUPERVISOR FEE 04/11/24
200.00

SUPERVISOR FEE 4/11/24
200.00

GENERAL COUNSEL - MAR24
586.00

SUPERVISOR FEE 04/11/24
200.00

TOTAL FOR BANK A	23,409.24
TOTAL FOR REGISTER	23,409.24

E547 EAST 547 CDD	AGUZMAN

Section 2

East 547
Community Development District

Unaudited Financial Reporting
April 30, 2024

Table of Contents

1		Balance Sheet 	

2-3	
	General Fund Income Statement 	

4	
	Debt Service Fund - Series 2021	

5	
	Debt Service Fund - Series 2023	

6	
	Capital Projects Fund - 2021	

7	
	Capital Projects Fund - 2023	

8-9	
	Month to Month	

10	
	Long Term Debt Schedule	

11	
	Assessment Receipt Schedule	
East 547
Community Development District Combined Balance Sheet
April 30, 2024

Assets:

Cash	$	55,918	$	-	$	817	$	56,734	
Series 2021			
Reserve	$	-	$	131,148	$	-	$	131,148	
Revenue	$	-	$	286,089	$	-	$	286,089	
Prepayment	$	-	$	371,028	$	-	$	371,028	
Construction	$	-	$	-	$	2	$	2	
Series 2023			
Reserve	$	-	$	273,225	$	-	$	273,225	
Interest	$	-	$	253,684	$	-	$	253,684	
Revenue	$	-	$	5,964	$	-	$	5,964	
Construction	$	-	$	-	$	3,121,050	$	3,121,050	
Cost of Issuance	$	-	$	-	$	648	$	648	

Total Assets	$	55,918	$	1,321,138	$	3,122,516	$	4,499,572			
Liabilities:
Accounts Payable	
$	2,582	
$	-	$	-	$	2,582			
Retainage Payable	$	-	$	-	$	80,915	$	80,915			
Total Liabilities	$	2,582	$	-	$	80,915	$	83,497			

Fund Balances:
Restricted for:
Debt Service 2021	

$	-	

$	788,265	$	-	$	788,265			
Capital Projects 2021	$	-	$	-	$	818	$	818			
Debt Service 2023	$	-	$	532,873	$	-	$	532,873			
Capital Projects 2023	$	-	$	-	$	3,040,783	$	3,040,783			
Unassigned	$	53,335	$	-	$	-	$	53,335			
Total Fund Balances	$	53,335	$	1,321,138	$	3,041,601	$	4,416,075	
					
Total Liabilities & Fund Balance	$	55,918	$	1,321,138	$	3,122,516	$	4,499,572	
East 547
Community Development District
General Fund
Statement of Revenues, Expenditures, and Changes in Fund Balance For The Period Ending April 30, 2024

	Adopted	Prorated Budget	Actual		
	Budget	Thru 04/30/24	Thru 04/30/24	Variance	
Revenues					
Assessments - Tax Roll	$	169,650	$	169,650	$	171,052	$	1,402	
Developer Contributions	$	311,176	$	25,000	$	25,000	$	-	
Total Revenues	$	480,826	$	194,650	$	196,052	$	1,402	
Expenditures:					
General & Administrative:					
Supervisor Fees	$	12,000	$	7,000	$	1,800	$	5,200	
Engineering Fees	$	10,000	$	5,833	$	1,505	$	4,328	
Assessment Administration	$	5,000	$	5,000	$	5,000	$	-	
Arbitrage Fees	$	900	$	900	$	900	$	-	
Dissemination Fees	$	6,000	$	3,500	$	4,833	$	(1,333)	
Attorney Fees	$	20,000	$	11,667	$	3,081	$	8,585	
Annual Audit	$	5,500	$	-	$	-	$	-	
Management Fees	$	38,213	$	22,291	$	22,291	$	-	
Information Technology	$	1,800	$	1,050	$	1,050	$	-	
Website Maintenance	$	1,200	$	700	$	700	$	-	
Trustee Fees	$	8,040	$	-	$	-	$	-	
Postage	$	600	$	350	$	339	$	11	
Insurance	$	6,397	$	6,397	$	5,758	$	639	
Printing & Binding	$	500	$	292	$	-	$	292	
Legal Advertising	$	6,000	$	3,500	$	-	$	3,500	
Contingency	$	2,500	$	1,458	$	312	$	1,147	
Office Supplies	$	250	$	146	$	6	$	140	
Dues, Licenses & Subscriptions	$	175	$	175	$	175	$	-	
Total General & Administrative:	$	125,075	$	70,259	$	47,750	$	22,509	
East 547
Community Development District
General Fund
Statement of Revenues, Expenditures, and Changes in Fund Balance For The Period Ending April 30, 2024

	Adopted	Prorated Budget	Actual			
	Budget	Thru 04/30/24	Thru 04/30/24	Variance		
Operations & Maintenance						
Field Expenses
Property Insurance	
$	2,000	
$	2,000	
$	1,591	
$	409		
Field Management	$	15,750	$	9,188	$	9,188	$	-		
Landscape Maintenance	$	80,000	$	46,667	$	40,513	$	6,154		
Landscape Replacement	$	12,500	$	7,292	$	2,947	$	4,345		
Lake Maintenance	$	5,500	$	3,208	$	-	$	3,208		
Streetlights	$	36,000	$	21,000	$	13,117	$	7,883		
Electric	$	25,000	$	14,583	$	103	$	14,480		
Water & Sewer	$	5,000	$	2,917	$	-	$	2,917		
Sidewalk & Asphalt Maintenance	$	2,500	$	1,458	$	-	$	1,458		
Irrigation Repairs	$	7,500	$	4,375	$	350	$	4,025		
General Repairs & Maintenance	$	10,000	$	5,833	$	5,846	$	(13)		
Contingency	$	7,500	$	4,375	$	-	$	4,375		
Subtotal Field Expenses	$	209,250	$	122,896	$	73,655	$	49,241	

Amenity Expenses
Amenity - Electric	

$	14,400	

$	

8,400	

$	6,891	

$	1,509	
Amenity - Water	$	7,500	$	4,375	$	-	$	4,375	
Amenity Insurance	$	13,000	$	13,000	$	11,896	$	1,104	
Internet	$	1,500	$	875	$	655	$	220	
Pest Control	$	600	$	350	$	132	$	218	
Janitorial Services	$	10,200	$	5,950	$	5,125	$	825	
Security Services	$	30,000	$	17,500	$	-	$	17,500	
Pool Maintenance	$	19,800	$	11,550	$	11,250	$	300	
Amenity Access Management	$	5,000	$	2,917	$	2,917	$	-	
Amenity Repairs & Maintenance	$	10,000	$	5,833	$	1,128	$	4,706	
Playground Lease	$	27,001	$	15,751	$	-	$	15,751	
Amenity Contingency	$	7,500	$	4,375	$	285	$	4,090	
Subtotal Amenity Expenses	$	146,501	$	90,876	$	40,278	$	50,598	
						
Total Expenditures	$	480,826	$	284,030	$	161,683	$	122,347	
		.				
Net Change in Fund Balance	$	-			$	34,370		
						
Fund Balance - Beginning	$	-			$	18,966		
						
Fund Balance - Ending	$	-			$	53,335		
East 547
Community Development District Debt Service Fund - Series 2021
Statement of Revenues, Expenditures, and Changes in Fund Balance
For The Period Ending April 30, 2024

	Adopted	Prorated Budget	Actual		
	Budget	Thru 04/30/24	Thru 04/30/24	Variance	
Revenues:					
Assessments - Tax Roll	$	310,157	$	310,157	$	270,203	$	(39,954)	
Assessments - Prepayment	$	-	$	-	$	460,527	$	460,527	
Interest	$	-	$	-	$	15,492	$	15,492	
Total Revenues	$	310,157	$	310,157	$	746,222	$	436,065	

Expenditures:					
Interest Expense - 11/01	$	95,115	$	95,115	$	95,115	$	-	
Interest Expense - 02/01	$	-	$	-	$	871	$	(871)	
Principal Expense - 05/01	$	120,000	$	-	$	-	$	-	
Interest Expense - 05/01	$	95,115	$	-	$	-	$	-	
Special Call - 11/01	$	-	$	-	$	760,000	$	(760,000)	
Special Call - 02/01	$	-	$	-	$	100,000	$	(100,000)	
Total Expenditures	$	310,230	$	95,115	$	955,986	$	(860,871)	
					
Excess Revenues (Expenditures)	$	(73)		$	(209,764)		
					
Fund Balance - Beginning	$	97,491		$	998,029		
					
Fund Balance - Ending	$	97,418		$	788,265		
East 547
Community Development District Debt Service Fund - Series 2023
Statement of Revenues, Expenditures, and Changes in Fund Balance
For The Period Ending April 30, 2024

Revenues:

Interest

$	-	$

-	$	15,369	$

15,369

Expenditures:

Other Financing Sources:

Transfer In/(Out) Bond Proceeds

$	-	$
$	-	$

-	$	9,404
-	$	526,909

$	(9,404)
$	526,909

East 547
Community Development District Capital Projects Fund - Series 2021
Statement of Revenues, Expenditures, and Changes in Fund Balance For The Period Ending April 30, 2024

Revenues:

Interest
$	-	$
-	$	0	$	0

Expenditures:

Capital Outlay Contingency

$	-	$
$	-	$

-	$	241	$
-	$	176	$

(241)
(176)

East 547
Community Development District Capital Projects Fund - Series 2023
Statement of Revenues, Expenditures, and Changes in Fund Balance For The Period Ending April 30, 2024

Revenues:

Interest
$	-	$
-	$	123,444
$	123,444

Expenditures:

Capital Outlay Capital Outlay - COI

$	-	$
$	-	$

-	$	3,372,342
-	$	353,301

$  (3,372,342)
$	(353,301)

Other Financing Sources:

Transfer In/(Out) Bond Proceeds

$	-	$
$	-	$

-	$	6,364
-	$	6,718,091

$	6,364
$	6,718,091

East 547
Community Development District Month to Month
	Oct	Nov	Dec	Jan	Feb	Mar	Apr	May		Jun		Jul		Aug		Sep	Total	
Revenues																		
Assessments - Tax Roll	$	-	$	9,007	$	159,606	$	904	$	-	$	1,536	$	- $		- $		- $		- $		- $		- $	171,052	
Developer Contributions	$	-	$	25,000	$	-	$	-	$	-	$	-	$	- $		- $		- $		- $		- $		- $	25,000	
Total Revenues	$	-	$	34,007	$	159,606	$	904	$	-	$	1,536	$	- $		- $		- $		- $		- $		- $	196,052	
Expenditures:																		
General & Administrative:																		
Supervisor Fees	$	-	$	800	$	-	$	-	$	-	$	-	$	1,000 $		- $		- $		- $		- $		- $	1,800	
Engineering	$	360	$	305	$	-	$	58	$	-	$	783	$	- $		- $		- $		- $		- $		- $	1,505	
Assessment Administration	$	5,000	$	-	$	-	$	-	$	-	$	-	$	- $		- $		- $		- $		- $		- $	5,000	
Arbitrage Fees	$	900	$	-	$	-	$	-	$	-	$	-	$	- $		- $		- $		- $		- $		- $	900	
Dissemination Fees	$	917	$	417	$	500	$	1,000	$	500	$	500	$	1,000 $		- $		- $		- $		- $		- $	4,833	
Attorney Fees	$	285	$	1,130	$	635	$	370	$	76	$	586	$	- $		- $		- $		- $		- $		- $	3,081	
Annual Audit	$	-	$	-	$	-	$	-	$	-	$	-	$	- $		- $		- $		- $		- $		- $	-	
Management Fees	$	3,184	$	3,184	$	3,184	$	3,184	$	3,184	$	3,184	$	3,184 $		- $		- $		- $		- $		- $	22,291	
Information Technology	$	150	$	150	$	150	$	150	$	150	$	150	$	150 $		- $		- $		- $		- $		- $	1,050	
Website Maintenance	$	100	$	100	$	100	$	100	$	100	$	100	$	100 $		- $		- $		- $		- $		- $	700	
Trustee Fees	$	-	$	-	$	-	$	-	$	-	$	-	$	- $		- $		- $		- $		- $		- $	-	
Postage	$	6	$	90	$	30	$	91	$	45	$	9	$	68 $		- $		- $		- $		- $		- $	339	
Insurance	$	5,758	$	-	$	-	$	-	$	-	$	-	$	- $		- $		- $		- $		- $		- $	5,758	
Printing & Binding	$	-	$	-	$	-	$	-	$	-	$	-	$	- $		- $		- $		- $		- $		- $	-	
Legal Advertising	$	-	$	-	$	-	$	-	$	-	$	-	$	- $		- $		- $		- $		- $		- $	-	
Contingency	$	38	$	73	$	39	$	39	$	41	$	41	$	41 $		- $		- $		- $		- $		- $	312	
Office Supplies	$	0	$	1	$	3	$	1	$	1	$	0	$	1 $		- $		- $		- $		- $		- $	6	
Dues, Licenses & Subscriptions	$	175	$	-	$	-	$	-	$	-	$	-	$	- $		- $		- $		- $		- $		- $	175	
Total General & Administrative:	$	16,874	$	6,250	$	4,641	$	4,992	$	4,097	$	5,353	$	5,543 $		- $		- $		- $		- $		- $	47,750	
East 547
Community Development District Month to Month
	Oct	Nov	Dec	Jan	Feb	Mar	Apr	May		Jun		Jul		Aug		Sep	Total		

Operations & Maintenance																			
Field Expenses																			
Property Insurance	$	1,591 $	- $	- $	- $	- $	- $	- $		- $		- $		- $		- $		- $	1,591	
Field Management	$	1,313 $	1,313 $	1,313 $	1,313 $	1,313 $	1,313 $	1,313 $		- $		- $		- $		- $		- $	9,188	
Landscape Maintenance	$	5,548 $	5,548 $	5,548 $	11,097 $	- $	5,548 $	7,223 $		- $		- $		- $		- $		- $	40,513	
Landscape Replacement	$	- $	955 $	1,992 $	- $	- $	- $	- $		- $		- $		- $		- $		- $	2,947	
Lake Maintenance	$	- $	- $	- $	- $	- $	- $	- $		- $		- $		- $		- $		- $	-	
Streetlights	$	1,879 $	1,879 $	1,879 $	1,879 $	1,867 $	3,734 $	- $		- $		- $		- $		- $		- $	13,117	
Electric	$	- $	- $	- $	- $	68 $	36 $	- $		- $		- $		- $		- $		- $	103	
Water & Sewer	$	- $	- $	- $	- $	- $	- $	- $		- $		- $		- $		- $		- $	-	
Sidewalk & Asphalt Maintenance	$	- $	- $	- $	- $	- $	- $	- $		- $		- $		-		$		- $	-	
Irrigation Repairs	$	- $	- $	- $	- $	- $	350 $	- $		- $		- $		- $		- $		- $	350	
General Repairs & Maintenance	$	1,272 $	1,330 $	1,124 $	1,034 $	404 $	682 $	- $		- $		- $		- $		- $		- $	5,846	
Contingency	$	- $	- $	- $	- $	- $	- $	- $		- $		- $		- $		- $		- $	-	
Subtotal Field Expenses	$	11,602	$	11,025	$	11,855	$	15,322	$	3,651	$	11,663	$	8,536	$	- $	- $	- $	- $	- $	73,655						

Amenity Expenses																			
Amenity - Electric	$	926	$	-	$	1,049	$	2,103	$	985	$	912	$	916	$	- $	- $	- $	- $	- $	6,891						
Amenity - Water	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	- $	- $	- $	- $	- $	-						
Amenity Insurance	$	11,896	$	-	$	-	$	-	$	-	$	-	$	-	$	- $	- $	- $	- $	- $	11,896						
Internet	$	85	$	95	$	95	$	95	$	95	$	95	$	95	$	- $	- $	- $	- $	- $	655						
Pest Control	$	132	$	-	$	-	$	-	$	-	$	-	$	-	$	- $	- $	- $	- $	- $	132						
Janitorial Services	$	850	$	850	$	850	$	850	$	850	$	875	$	-	$	- $	- $	- $	- $	- $	5,125						
Security Services	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	- $	- $	- $	- $	- $	-						
Pool Maintenance	$	1,500	$	1,500	$	1,650	$	1,650	$	1,650	$	1,650	$	1,650	$	- $	- $	- $	- $	- $	11,250						
Amenity Access Management	$	417	$	417	$	417	$	417	$	417	$	417	$	417	$	- $	- $	- $	- $	- $	2,917						
Amenity Repairs & Maintenance	$	665	$	-	$	-	$	-	$	238	$	190	$	35	$	- $	- $	- $	- $	- $	1,128						
Amenity Contingency	$	-	$	-	$	-	$	285	$	-	$	-	$	-	$	- $	- $	- $	- $	- $	285						
Amenity Licenses	$	- $	- $	- $	- $	- $	-  $	-	$	- $	- $	- $	- $		-	$	-				
Subtotal Amenity Expenses	$	16,470 $	2,862 $	4,060 $	5,400 $	4,235 $	4,139 $	3,112 $	- $	- $	- $	- $		-	$	40,278				

Total Expenditures	$	44,946 $	20,136 $	20,557 $	25,714 $	11,983 $	21,155 $	17,192 $	- $	- $	- $	- $	- $	161,683	
							
Net Change in Fund Balance	$	(44,946) $	13,871  $	139,049  $	(24,810) $	(11,983) $	(19,619) $	(17,192) $	-  $	-  $	-  $	-  $	-  $	34,370	
East 547
Community Development District Long Term Debt Report

SERIES 2021, SPECIAL ASSESSMENT REVENUE BONDS		
Interest Rate:	2.500%, 3.000%, 3.300%, 4.000%		
Maturity Date:	5/1/2051		
Reserve Fund Definition	Maximum Annual Debt Service		
Reserve Fund Requirement	$131,148		
Reserve Fund Balance	$131,148		
Bonds Outstanding - 06/15/21	$5,875,000		
LESS: Principal Payment - 05/01/22	($120,000)		
LESS: Special Call - 05/01/23	($225,000)		
LESS: Principal Payment - 05/01/23	($125,000)		
LESS: Special Call - 08/01/23	($155,000)		
LESS: Special Call - 11/01/23	($760,000)		
LESS: Special Call - 02/01/24	($100,000)		
CURRENT BONDS OUTSTANDING	$4,390,000	

SERIES 2023, SPECIAL ASSESSMENT REVENUE BONDS		
Interest Rate:	5.500%, 6.250%, 6.500%	
Maturity Date:	5/1/2054	
Reserve Fund Definition	50% Maximum Annual Debt Service	
Reserve Fund Requirement	$273,225	
Reserve Fund Balance	$273,225	
Bonds Outstanding - 10/12/23	$7,245,000	
CURRENT BONDS OUTSTANDING	$7,245,000	
East 547
COMMUNITY DEVELOPMENT DISTRICT
Special Assessment Receipts Fiscal Year 2024

ON ROLL ASSESSMENTS

							Gross Assessments		$ 182,418.12  $  288,157.08  $ 470,575.20			
							Net Assessments		$ 169,648.85  $  267,986.08  $ 437,634.94			
									ASSESSED THROUGH COUNTY			
									39%	61%	100%			
Date	Distribution	Gross Amount	Discount/Penalty	Commission	Interest	Property Appraiser	Net Receipts		General Fund	2021 Debt Service	Total	

11/14/23	
10/01/23-10/31/23	
$	2,069.34	
$	82.76	
$	39.73	
$	-	
$	-	
$	1,946.85		
$	754.69	
$	1,192.16	
$	1,946.85	
11/17/23	11/01/23-11/05/23	$	16,500.72	$	659.96	$	316.81	$	-	$	-	$	15,523.95		$	6,017.85	$	9,506.10	$  15,523.95	
11/24/23	11/06/23-11/12/23	$	6,127.02	$	245.10	$	117.64	$	-	$	-	$	5,764.28		$	2,234.52	$	3,529.76	$	5,764.28	
12/8/23	11/13/23-11/22/23	$	27,612.09	$	1,104.50	$	530.15	$	-	$	-	$	25,977.44		$	10,070.13	$	15,907.31	$  25,977.44	
12/21/23	11/23/23-11/30/23	$  209,812.35	$	8,392.62	$  4,028.40	$	-	$	-	$	197,391.33		$	76,518.60	$	120,872.73	$ 197,391.33	
12/29/23	12/01/23-12/15/23	$  198,187.98	$	5,985.88	$  3,844.04	$	-	$	-	$	188,358.06		$	73,016.86	$	115,341.20	$ 188,358.06	
1/10/24	Invoice#4652066	$	-	$	-	$	-	$	-	$	2,881.57	$	(2,881.57)		$	(1,117.04)	$	(1,764.53)	$  (2,881.57)	
1/10/24	Invoice#4652067	$	-	$	-	$	-	$	-	$	1,824.18	$	(1,824.18)		$	(707.14)	$	(1,117.04)	$  (1,824.18)	
1/10/24	12/16/23-12/31/23	$	6,181.02	$	185.38	$	119.92	$	-	$	-	$	5,875.72		$	2,277.72	$	3,598.00	$	5,875.72	
1/16/24	10/01/23-12/31/23	$	-	$	-	$	-	$	1,160.73	$	-	$	1,160.73		$	449.96	$	710.77	$	1,160.73	
3/13/24	02/01/24-02/29/24	$	4,084.68	$	40.85	$	80.88	$	-	$	-	$	3,962.95		$	1,536.23	$	2,426.72	$	3,962.95	
	Total	$  470,575.20	$	16,697.05	$  9,077.57	$	1,160.73	$	4,705.75	$	441,255.56		$ 171,052.38	$	270,203.18	$ 441,255.56	

Section 3
SUPERVISOR OF
ELECTIONS
POLK COUNTY, FLORIDA
Lori Edwards

April 19, 2024

Samantha Ham - Recording Secretary East 547 CDD
219 E. Livingston Street Orlando, Florida 32801-1508

recC,:""r.4 -"-  ••' (.7i..'·.•w__..,i..' .
,J. t'
BY:	1 '

RE: East 547 Communitv Development District Registered Voters

Dear Ms. Ham,
In response to your request, there are currently 200 voters within the East 547 Community Development District. This number of registered voters in said District is as of April 15, 2024.

Please do not hesitate to contact us if we can be of further assistance.

Sincerely,

Lori Edwards Supervisor of Elections Polk County, Florida

P.O. Box 1460, Bartow, FL 33831 • Phone: (863) 534-5888
PolkElections.gov

Para asistencia en Espanol, par favor de llamar al (863) 534-5888