St. Augustine Lakes
Community Development District
OCTOBER 5, 2022

AGENDA

St. Augustine Lakes Community Development District
475 West Town Place
Suite 114 St. Augustine, Florida 32092
Call in Number: 1-877-304-9269, Code 544032

September 28, 2022

Board of Supervisors
St. Augustine Lakes Community Development District Dear Board Members:
The Meeting of the St. Augustine Lakes Community Development District will be held Wednesday, October 5, 2022 at 11:00 a.m. at the offices of Governmental Management Services, 475 West Town Place, Suite 114, Florida 32092. Immediately following will be the Board of Supervisors meeting.

Roll Call

Audience Comments (regarding agenda items listed below)

Consideration of Minutes of the September 14, 2022 Meeting

Matters Related to Series 2022 Bond Issue Process

Staff Reports
Attorney

Engineer

Manager

Supervisors Requests

Audience Comments

Financial Statements as of August 31, 2022

Next Scheduled Meeting – November 2, 2022 at 11:00 a.m.

Adjournment

District Website: www.staugustinelakescdd.com

THIRD ORDER OF BUSINESS

MINUTES OF MEETING ST. AUGUSTINE LAKES
COMMUNITY DEVELOPMENT DISTRICT

The regular meeting of the Board of Supervisors of the St. Augustine Lakes Community Development District was held on Wednesday, September 14, 2022 at 11:00 a.m. at the offices of Governmental Management Services, 475 West Town Place, Suite 114, St. Augustine, Florida.

Present and constituting a quorum were:

Zenzi Rogers	Chairperson
Chris Mayo	Vice Chairman
Michael Della Penta	Supervisor
Tiffany Csalovszki	Supervisor Also, present were:
Jim Oliver	District Manager
Wes Haber by phone	District Counsel
Bill Schaefer	District Engineer

The following is a summary of the actions taken at the September 14, 2022 St. Augustine Lakes Community Development District’s regular Board of Supervisor’s Meeting.

FIRST ORDER OF BUSINESS	Roll Call
Mr. Oliver called the meeting to order at 11:00 a.m. Four Supervisors were in attendance at the meeting constituting a quorum.

SECOND ORDER OF BUSINESS	Audience Comments (regarding agenda items
listed below)
Mr. Oliver stated that there were no members of the public present.

September 14, 2022	St. Augustine Lakes CDD

THIRD ORDER OF BUSINESS	Affidavit of Publication
Mr. Oliver noted that they were having public hearings for adoption of the budget and levy of O&M assessments today. He added that they had noticed that in the St. Augustine record on August 22nd and August 29th. He noted that they had also sent mailed notice to the landowners.

FOURTH ORDER OF BUSINESS	Consideration of Minutes of the August 3,
2022 Meeting
Mr. Oliver presented the August 3, 2022 meeting minutes. Ms. Tiffany Csalovszki noted the misspelling of her name in the meeting minutes.

On MOTION by Ms. Rogers, seconded by Mr. Mayo, with all in favor, the Minutes of the August 3, 2022 Meeting, were approved as amended.

FIFTH ORDER OF BUSINESS	Matters Related to Series 2022 Bond Issue
Process
Mr. Oliver stated that they were still waiting on information. Mr. Haber stated that as they moved forward with the project there would be an acquisition instead of the CDD entering into construction contracts for the actual work. He noted improvements that were not ultimately going to stay with the CDD, such as water and sewer or anything that was going to go to either the county or some other public entity, could get bills of sale from the developer to the CDD and then from the CDD to that entity to preserve the CDD’s ability to pay for those things rather than Lennar conveying those improvements directly to the final owner of those improvements.
Mr. Schaefer stated that they were currently getting bills of sale for close out of what they call Phase 1A, which was the entrance road to the pump station and amenity. He noted that he would work with his team to make sure that they complete that. Mr. Haber responded to be sure to bring him in the loop if he wants him to review anything. He noted that it was as straightforward as the bill of sale that they would otherwise be giving from developer to county. He continued to explain that it would just be that same bill of sale but would be developer to CDD and then CDD to county. Mr. Schaefer asked if that would be two separate bills of sale or one. Mr. Haber responded that it would be two separate bills of sale. One from the developer to the CDD and then one from the CDD to the county. He explained that it was just to make sure that the CDD had ownership of the improvement for purposes of documenting it for acquisition purposes.

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September 14, 2022	St. Augustine Lakes CDD

Ms. Rogers asked who was going to prepare it. Mr. Schaefer responded that they had a bill of sale that was from the owner to the County. He stated that they could go in there, change the name, and prepare that. He added that they would coordinate with Mr. Haber and Ms. Rogers for their approval and review. He explained that then they would go ahead and get that so that they could go and start initiating the close out procedures on that Phase.

SIXTH ORDER OF BUSINESS	Fiscal Year 2022/2023 Budget
Overview of Budget
Mr. Oliver pointed out that the budget had increased from $93,000 to $319,000 for FY 2023. He referred to the very top line of the budget which showed the developer contributions and assessments. He noted that they assessed as though all planned lots were going to be assessed to give them maximum flexibility to decide what they wanted to do in terms of assessment levels whether they were on a platted lot basis, one large parcel, or purely developer contribution for FY 2023.

Board Discussion
Ms. Rogers stated that she reviewed this, and they were projecting to have all lots platted by June of next year. She stated that she didn’t know if it made much sense for them to do a different assessment level for the non-platted lots. Mr. Haber responded that given that schedule, he agreed with Ms. Rogers. Ms. Rogers stated that there were 426 lots. Mr. Haber stated that looking at the published notice that was included in the agenda package, it looked like they noticed
$825 per lot. He noted that it indicated that there were 412 lots, so if that number went up presumably the assessment per lot would go down. He stated that as long as they remained under that $825 per lot, they should be fine. Mr. Oliver stated that they would take the total budget amount and divide it by 426, which would give the per unit assessment on a net basis and these were direct billed for this year.

Public Hearing Adopting the Budget for Fiscal Year 2022/2023
Mr. Oliver asked for a motion to open the public hearings.

On MOTION by Ms. Rogers, seconded by Mr. Mayo, with all in favor, Opening the public Hearings, was approved.

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September 14, 2022	St. Augustine Lakes CDD

Mr. Oliver stated that there were no members of the public present.

On MOTION by Ms. Rogers, seconded by Mr. Mayo, with all in favor, Closing the public Hearings, was approved.

Consideration of Resolution 2022-40, Relating to the Annual Appropriations and Adopting the Budget for Fiscal Year 2023
Mr. Haber stated that by virtue of their adoption of this resolution, they were formally adopting the budget that was previously approved. He stated that the budget had been given to St. Johns County for its review. He noted that once it was adopted, they were able to make amendments by shifting the amounts on each line item. He explained that the amount of the budget was set and that was the amount that they would be collecting through assessments. He added that they couldn’t go up from those amounts without identifying a different funding source. He noted that he would be happy to answer any questions. Hearing none,

On MOTION by Ms. Rogers, seconded by Mr. Mayo, with all in favor, Resolution 2022-40, Relating to the Annual Appropriations and Adopting the Budget for Fiscal Year 2023, was approved.

Consideration of Resolution 2022-41, Imposing Special Assessments and Certifying an Assessment Roll for Fiscal Year 2023
Mr. Haber stated that this resolution was the assessment levy resolution. He explained that it levied and imposed the assessments that would fund the budget that they just adopted. He discussed that this resolution formally put the assessments in place and certified them for collection so the District would be collecting those amounts from lot owners during the next fiscal year in order to fund the budget. He noted that he would be happy to answer any questions on that resolution. Hearing none,

On MOTION by Ms. Rogers, seconded by Mr. Mayo, with all in favor, Resolution 2022-41, Imposing Special Assessments and Certifying an Assessment Roll for Fiscal Year 2023, was approved.

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September 14, 2022	St. Augustine Lakes CDD

SEVENTH ORDER OF BUSINESS	Consideration	of	Fiscal	Year	2022/2023
Budget Funding Agreement
*This item was not discussed.

EIGHTH ORDER OF BUSINESS	Staff Reports
Attorney
Mr. Haber had nothing further to report.

Engineer
Mr. Schaefer had nothing to report.

Manager
Mr. Oliver had nothing to report for this item.

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

TENTH ORDER OF BUSINESS	Audience Comments
There being none, the next item followed.

ELEVENTH ORDER OF BUSINESS	Financial Statements as of July 31, 2022
Mr. Oliver reviewed the financials as of July 31, 2022 that were in the agenda package.

TWELFTH ORDER OF BUSINESS	Ratification of Funding Request No. 9
Mr. Oliver stated that these were already paid by the developer, and they had made those payments.

On MOTION by Ms. Rogers, seconded by Mr. Mayo, with all in favor, Funding Request No. 9, was ratified.

THIRTEENTH ORDER OF BUSINESS	Consideration of Funding Request No. 10
Mr. Oliver stated that this funding request followed the previous one.

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September 14, 2022	St. Augustine Lakes CDD

On MOTION by Ms. Rogers, seconded by Mr. Mayo, with all in favor, Funding Request No. 10, was approved.

FOURTEENTH ORDER OF BUSINESS	Next Scheduled Meeting – October 5, 2022
at 11:00 a.m.
Mr. Oliver stated that the next meeting date would be October 5, 2022 at 11:00 a.m.

FIFTEENTH ORDER OF BUSINESS	Adjournment

On MOTION by Ms. Rogers, seconded by Mr. Mayo, with all in favor, the meeting was adjourned.

Secretary/Assistant Secretary	Chairman/Vice Chairman

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EIGHTH ORDER OF BUSINESS

St Augustine Lakes
Community Development District

Unaudited Financial Reporting August 31, 2022

Table of Contents

1	Balance Sheet

2	General Fund Income Statement

3	Month to Month

4	Developer Contributions Schedule

ST AUGUSTINE LAKES
COMMUNITY DEVELOPMENT DISTRICT BALANCE SHEET
August 31, 2022

		General		
ASSETS:		
CASH	$10,111	
DUE FROM DEVELOPER	$16,619	
DUE FROM CAPITAL	$2,282	
TOTAL ASSETS		$29,011 	
LIABILITIES:
ACCOUNTS PAYABLE	
$14,621	
DUE TO DEVELOPER	$2,282	
FUND EQUITY:
FUND BALANCES: UNRESTRICTED	

$12,108	
TOTAL LIABILITIES & FUND EQUITY		$29,011 	

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St Augustine Lakes
Community Development District
GENERAL FUND
Statement of Revenues & Expenditures
For The Period Ending
August 31, 2022

	PROPOSED	PRORATED BUDGET	ACTUAL		
	BUDGET	8/31/22	8/31/22	VARIANCE	
REVENUES:					
Developer Contributions	$93,564	$71,135	$71,135	$0	
TOTAL REVENUES	$93,564	$71,135	$71,135	$0	
EXPENDITURES:					
ADMINISTRATIVE:					
Supervisors Fees	$9,000	$8,000	$6,400	$1,600	
FICA Expense	$689	$612	$490	$122	
Engineering	$9,000	$8,000	$1,530	$6,470	
Attorney	$18,750	$16,667	$8,024	$8,642	
Management Fees	$33,750	$30,000	$31,209	($1,209)	
Information Technology	$1,350	$1,200	$1,248	($48)	
Website Creation/ADA Compliance	$1,750	$1,556	$0	$1,556	
Website Maintenance	$900	$800	$832	($32)	
Telephone	$375	$333	$99	$234	
Postage	$750	$667	$77	$590	
Insurance	$5,000	$5,000	$3,740	$1,260	
Printing & Binding	$900	$800	$347	$453	
Legal Advertising	$10,000	$4,500	$4,500	$0	
Other Current Charges	$750	$667	$309	$357	
Office Supplies	$450	$400	$70	$330	
Dues, Licenses & Subscriptions	$150	$150	$150	$0	
TOTAL EXPENDITURES	$93,564	$79,351	$59,026	$20,325	
					
EXCESS REVENUES (EXPENDITURES)	$0		$12,108		
					
FUND BALANCE - Beginning	$0		$0		
					
FUND BALANCE - Ending	$0		$12,108		

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St Augustine Lakes
Community Development District

	Oct	Nov	Dec	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sept	Total	

REVENUES														
Developer Contributions	$0	$0	$21,750	$6,692	$8,380	$5,421	$5,040	$7,234	$5,642	$4,847	$6,129	$0	$71,135	
TOTAL REVENUES	$0	$0	$21,750	$6,692	$8,380	$5,421	$5,040	$7,234	$5,642	$4,847	$6,129	$0	$71,135	

EXPENDITURES														
Supervisors Fees	$0	$0	$0	$800	$800	$1,000	$600	$600	$1,000	$800	$800	$0	$6,400	
FICA Expense	$0	$0	$0	$61	$61	$77	$46	$46	$77	$61	$61	$0	$490	
Engineering	$0	$0	$0	$420	$0	$370	$370	$185	$0	$185	$0	$0	$1,530	
Attorney	$0	$0	$3,681	$371	$1,300	$915	$210	$388	$358	$803	$0	$0	$8,024	
Assessment Administration	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	
Management Fees	$0	$0	$1,209	$3,750	$3,750	$3,750	$3,750	$3,750	$3,750	$3,750	$3,750	$0	$31,209	
Information Technology	$0	$0	$48	$150	$150	$150	$150	$150	$150	$150	$150	$0	$1,248	
Website Creation/ADA Compliance	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	
Website Administration	$0	$0	$32	$100	$100	$100	$100	$100	$100	$100	$100	$0	$832	
Telephone	$0	$0	$0	$0	$47	$0	$0	$0	$19	$33	$0	$0	$99	
Postage	$0	$0	$0	$0	$18	$2	$45	$4	$3	$4	$3	$0	$77	
Insurance	$0	$0	$0	$3,740	$0	$0	$0	$0	$0	$0	$0	$0	$3,740	
Printing & Binding	$0	$0	$0	$0	$176	$53	$18	$39	$22	$10	$29	$0	$347	
Legal Advertising	$0	$0	$0	$3,931	$76	$175	$72	$0	$144	$102	$0	$0	$4,500	
Other Current Charges	$0	$0	$0	$0	$0	$35	$90	$36	$35	$83	$31	$0	$309	
Office Supplies	$0	$0	$0	$0	$39	$18	$6	$6	$0	$0	$0	$0	$70	
Dues, Licenses & Subscriptions	$0	$0	$0	$150	$0	$0	$0	$0	$0	$0	$0	$0	$150	
TOTAL EXPENDITURES	$0	$0	$4,971	$13,473	$6,516	$6,644	$5,458	$5,303	$5,657	$6,081	$4,923	$0	$59,026	
														
EXCESS REVENUES (EXPENDITURES)	$0	$0	$16,779	($6,781)	$1,864	($1,223)	($418)	$1,930	($15)	($1,234)	$1,206	$0	$12,108	

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St Augustine Lakes Community Development District Developer Contributions/Due from Developer

Funding Request
#	Date Prepared	Date Payment
Received	Check Amount	Total Funding
Request O&M	Total Funding
Request Capital	Capital (Due to
Developer)	Over and (short)
Balance Due	

1	
12/8/21	
2/11/22	
$	21,750.00	
$	21,750.00			
$	-	
2	1/18/22	3/4/22	$	6,691.70	$	6,691.70			$	-	
3	2/23/22	4/18/22	$	12,229.63	$	8,379.63	$	2,281.50	$	2,281.50	$	(1,568.50)	
4	3/29/22	5/24/22	$	5,420.82	$	5,420.82	$	-	$	-	$	-	
5	4/27/22	6/20/22	$	3,471.25	$	5,039.75	$	-	$	-	$	1,568.50	
6	5/19/22	6/20/22	$	7,233.78	$	7,233.78	$	-	$	-	$	-	
7	6/28/22			$	5,642.12	$	-	$	-	$	5,642.12	
8	7/28/22			$	4,847.21	$	-	$	-	$	4,847.21	
9	8/5/22	9/8/22		$	6,129.49	$	20,000.00	$	20,000.00	$	6,129.49	

Due from Developer

$	56,797.18  $

71,134.50  $

22,281.50  $

22,281.50  $	16,618.82

Total Developer Contributions FY22	 $	71,134.50 

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