MINUTES OF MEETING FOREST LAKE
COMMUNITY DEVELOPMENT DISTRICT

The Regular meeting of the Board of Supervisors of the Forest Lake Community Development District was held Wednesday, January 29, 2020 at 1 :33 p.m. at 346 E. Central Ave. Winter Haven, Florida.

Present and constituting a quorum:

Rennie Heath Lauren Schwenk Matthew Cassidy Patrick Marone Andrew Rhinehart

Also present were:

Jill Burns Michelle Rigoni
Dennis Wood via phone

FIRST ORDER OF BUSINESS

Chairman Vice Chairman
Assistant Secretary Assistant Secretary Assistant Secretary

District Manager, GMS Hopping Green & Sams
Wood & Associates Engineering

Roll Call

Ms. Bums ca11ed the meeting to order and ca11ed the roll. There were five members present, constituting a quorum.

SECOND ORDER OF BUSINESS	Public Comment Period
Ms. Bums asked for any public comments. There being none, the next item followed.

THIRD ORDER OF BUSNESS	Organizational Matters
Administration of Oaths of Office to Newly Elected Board Members
Ms. Burns swore in Mr. Heath, Ms. Schwenk, Mr. Marone, Mr. Cassidy and Mr.
Rhinehart.

January 29, 2020	Forest Lake CDD

Consideration of Resolution 2020-27 Canvassing and Certifying the Results of the Landowners' Election
Ms. Burns noted that the results of the Landowners' Election were four-year terms for Mr.
Heath and Ms. Schwenk, and two-year terms for Mr. Marone, Mr. Cassidy, and Mr. Rhinehart.
On MOTION by Mr. Heath, seconded by Mr. Rhinehart, with all in favor, Resolution 2020-27 Canvassing and Certifying the Results ofthe Landowners' Election, was approved.

Election of Officers
Ms. Burns noted that at the last meeting they elected Rennie Heath as Chairman, Lauren Schwenk as Vice Chairman, and Matthew Cassidy, Patrick Marone, and Andrew Rhinehart as Assistant Secretaries. Ms. Burns was also elected as Secretary and George Flint was elected as Assistant Secretary. The board chose to keep the same slate of officers.

Consideration of Resolution 2020-28 Electing Officers
On MOTION by Mr. Heath, seconded by Mr. Rhinehart, with aJI in favor, Resolution 2020-28 Electing Officers, was approved.

FOURTH ORDER OF BUSINESS	Approval of the Minutes of the December
17t 2019 Meeting
Ms. Burns asked for any comments, questions, or changes to the December 17, 2019 meeting minutes. The board had no changes.
On MOTION by Mr. Heath, seconded by Mr. Rhinehart, with all in favor, the Minutes of the December 17, 2019 Meeting, were approved.

FIFTH ORDER OF BUSINESS	Public Hearings
Public Hearing on the Imposition of Special Assessments
On MOTION by Mr. Rhinehart, seconded by Mr. Heath, with all in favor, Opening the Public Hearing, was approved.

Presentation of Engineer's Report
Ms. Bums confirmed that the proper notices were m ade for the public hearings in accordance with Florida laws. Mr. Wood noted Forest Lake was approximately 1 17.53 acres within Polk County. They are predicted to have 574 single family lots. Mr. Wood noted the

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January 29, 2020	Forest Lake CDD

Engineer's Report addresses all the infrastructure needed to construct the subdivision. There are three phases planned for construction. Phase I consists of 203 lots, Phase 2 consists of 185 lots, and Phase 3 consists of 186 lots, for a total of 574 lots. The Phase I total cost is $4,988,500. The Phase 2 total cost is $3,938,000. The Phase 3 total cost is $4,248,200. The total ofthe three phases and all 574 lots is $13,174,700.
Ms. Rigoni asked Mr. Wood if the cost estimates in the Engineer's Report were reasonable,
just, and proper for the type and scope of the project. Mr. Wood answered yes. Ms. Rigoni asked Mr. Wood if he was aware of any reasons to believe the project could not be carried out by the district. Mr. Wood answered no.

Presentation of Assessment Methodology
Ms. Burns reviewed the methodology and noted that the report allocates the debt to properties based on the benefit they receive from the Capital Improvement Plan. The assessment report will be supplemented with at least one more Supplemental Methodology that will reflect the actual terms of the bonds at the time they are issued.
Ms. Bums reviewed the tables. Table 1 outlines units, and states that there are 574 units of similar size. The ERU for all 574 lots is 1. Table 2 shows the Capital Improvement Plan and outlines the costs that Mr. Wood reviewed in his report. Table 3 shows the bonds sizing of
$17,250,000 in order to generate the construction funds necessary to build the improvements in Table 2. Table 4 shows the improvement cost per unit. Table 5 shows the par debt per unit which is $30,052 for each of the 574 units. Table 6 shows the Net and Gross Annual Debt Assessments per unit. The estimated Gross Annual Assessment Amount per unit is $2,348, which includes the collection fees for early payment discounts for Polk County. Table 7 is the Preliminary Assessment Roll and it shows the owner and property ID's. Ms. Bums asked for any questions on the report, the board had none.
Ms. Rigoni asked Ms. Bums if the lands subject to the Special Assessments receive special
benefits from the district's Capital Improvement Plan, and Ms. Burns answered yes. Ms. Rigoni asked ifthe special benefits the lands receive is equal to, or in excess of, the Special Assessments. Ms. Bums answered yes. Ms. Rigoni asked ifthe Special Assessments were reasonably and fairly apportioned among the lands within the district subject to those Special Assessments. Ms. Burns answered yes. Ms. Rigoni asked if it was reasonable, proper, and just to assess the costs of the

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January 29, 2020	Forest Lake CDD

infrastructure improvements against the lands within the district in accordance with the methodology. Ms. Burns answered yes, it is. Ms. Rigoni asked if it was in the best interest ofthe district that the Special Assessments be levied and collected in accordance with the methodology. Ms. Burns answered yes.
Ms. Burns asked for any public comments. Hearing none, the next item followed.

Consideration of Resolution 2020-29 Levying Special Assessments
Ms. Rigoni explained that Resolution 2020-29 levies the Special Assessments. Section 1 sets forth the board's authority to adopt the resolution incJuding taking on the project. Section 2 makes certain findings; including findings made at the public hearing that took place today. Section
3 authorizes the district's project for construction and acquisition of the infrastructure improvements as set forth in the Engineer's Report. Section 4 sets forth the estimated costs ofthe project. Section 5 equalizes, approves, confirms, and levies the Special Assessments. Section 6 addresses the finalization ofthe Special Assessments once the project has been completed. Section 7 provides for the payment and collection of the Special Assessments. Section 8 provides for application oftrue-up payments in certain circumstances when true-up may be required. Section 9 provides that certain property owned by HOA's, POA's, and governments are exempt from the Special Assessments. Section 10 provides for the recording of an Assessment Notice, which will be presented after the resolution.
On MOTION by Ms. Schwenk, seconded by Mr. Rhinehart, with all in favor, Resolution 2020-29 Levying Special Assessments, was approved.

Consideration of Notice of Special Assessments
Ms. Burns stated this notice will be recorded to show there is a governmental lien on the lands within the district.
On MOTION by Mr. Heath, seconded by Mr. Rhinehart, with all in favor, the Notice of Special Assessments and Authorization for Staff to Record the Notice, was approved.

On MOTION by Ms. Schwe� seconded by Mr. Heath, with all in favor, Closing the Public Hearing, was approved.

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January 29, 2020	Forest Lake CDD

Public Hearing on Adoption of District Rules of Procedure
On MOTION by Mr. Heath, seconded by Mr. Rhinehart, with all in favor, Opening the Public Hearing, was approved.

Ms. Burns confirmed that proper notices of rule development and rulemaking were published in accordance with Florida law.
Consideration of Resolution 2020-30 Adopting the Rules of Procedure
Ms. Bums presented Resolution 2020-30 and noted that the rules had not changed since the board saw them at the prior meeting. Ms. Burns asked for any questions from the board, the board had no questions. Ms. Bums also asked for any public comments, hearing none.
On MOTION by Mr. Heath, seconded by Ms. Schwenk, with all in favor, Resolution 2020-30 Adopting the Rules of Procedure, was approved.

On MOTION by Mr. Heath, seconded by Mr. Rhinehart, with all in favor, Closing the Public Hearing, was approved.

Public Hearing on the District's Use of the Uniform Method of Levying, Collection, & Enforcement of Non Ad-Valorem Assessments
On MOTION by Mr. Rhinehart, seconded by Mr. Heath, with all in favor, Opening the Public Hearing, was approved.

Ms. Bums confinned proper notices were provided for the Uniform Method public hearing in accordance with Florida ]aw.
Consideration of Resolution 2020-31 Expressing the District's Intent to Utilize the Uniform Method of Collection
Ms. Bums presented Resolution 2020-3 1 and noted that this would allow the district to use the Polk County tax bill to collect assessments. Jt does not obligate them to do so until they are ready.
On MOTION by Mr. Cassidy, seconded by Mr. Heath, with all in favor, Reso1ution 2020-31 Expressing the District's Intent to Uti1ize the Uniform Method of Collection, was approved.

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January 29, 2020	Forest Lake CDD

On MOTION by Mr. Heath, seconded by Mr. Rhinehart, with all in favor, Closing the Public Hearing, was approved.

SIXTH ORDER OF BUSINESS	Ranking	of	Proposals	for	District
Engineering Services and Selection of District Engineer
Ms. Burns stated that they received one proposal from Wood & Associates, and she suggested ranking them #1 in accordance with the evaluation criteria.
On MOTION by Mr. Heath, seconded by Mr. Cassidy, with all in favor, Ranking Wood & Associates #1 and Authorization for Staff to send a Notice ofIntent to Award, Authorization for Counsel to Draft the Agreement, and Authorization for the Chainnan to Sign the Fonn of Agreement once Drafted, was approved.

SEVENTH ORDER OF BUSINESS	Consideration	of	Website	Services
Agreement
Ms. Burns noted the board had previously approved the quote at the Last meeting, this was the form of agreement that needed approval.
On MOTION by Mr. Heath, seconded by Mr. Rhinehart, with all in favor, the Website Services Agreement, was approved.

EIGHTH ORDER OF BUSINESS	Ratification of 2020 D ata Sharing and
Usage Agreement  with	Polle	County Property Appraiser
Ms. Bums noted this is an agreement that they send for all districts. Jt is related to not disclosing exempt parcels.
On MOTION by Mr. Heath, seconded by Mr. Rhinehart, with all in favor, the 2020 Data Sharing and Usage Agreement with the Polk County Property Appraiser, was ratified.

NINTH ORDER OF BUSINESS	Staff Reports
Attorney
Ms. Rigoni noted that the bond validation was scheduled to be held on February 26th at 10:45 a.m.

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January 29, 2020

Engineer
Mr. Wood had nothing further to report.

District Manager's Report
Ms. Burns had nothing further to report.

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

Other Business

Forest Lake COD

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

TWELTH ORDER OF BUSINESS

Supervisors	Requests	and	Audience Comments

Adjournment

Ms. Burns adjourned the meeting at 1 :45 p.m.
On MOTION by Mr. Heath, seconded by Mr. Rhinehart, with all in favor, the meeting was adjourned at 1 :45 p.m.

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