Laurel Road Community Development District
3501 Quadrangle Boulevard, Suite 270, Orlando, FL 32817
Phone 407-723-5900; Fax 407-723-5901

The following is the agenda for the Board of Supervisors Meeting for the Laurel Road Community Development District scheduled to be held Wednesday December 14, 2022, at 12:30 PM located at 5800 Lakewood Ranch Blvd, Sarasota, FL 34240. The following is the proposed agenda for this meeting.

Call in number: 1-844-621-3956 Passcode: 792 560 599 #
BOARD OF SUPERVISORS’ MEETING AGENDA

Administrative Matters

Roll Call to Confirm Quorum
Public Comment Period [for any members of the public desiring to speak on any proposition before the Board]

Consideration of the Minutes of the November 1, 2022, Landowners’ Election Meeting
Consideration of the Minutes of the November 9, 2022, Board of Supervisors’ Meeting
Consideration of Resolution 2023-10, Canvassing and Certifying the Results of the Landowners’ Election
Consideration of Resolution 2023-11, Election of Officers

Business Matters
Review and Consideration of the Onsight Industries Proposal, Vistera Pedestal 582 Lots
Review and Consideration of the Onsight Industries Proposal, Phase 1A Street Signs
Review and Consideration of the Onsight Industries Proposal, Phase 1B Street Signs
Ratification of Purchase Order No. 210509
Ratification of Funding Request No. 085-087
Review of District Financial Statements
Other Business Staff Reports
District Counsel District Engineer District Manager

Supervisor Requests and Audience Comments Adjournment

Laurel Road Community Development District

Consideration of the Minutes of the November 1, 2022, Landowners’ Election Meeting

MINUTES OF MEETING

LAUREL ROAD COMMUNITY DEVELOPMENT DISTRICT LANDOWNERS’ ELECTION MEETING MINUTES
Tuesday, November 1, 2022 at 1:00 p.m. 5800 Lakewood Ranch Blvd.
Sarasota, FL 34240

Present in person or via phone:

Vivian Carvalho	District Manager - PFM Group Consulting LLC Jorge Jimenez	 ADM - PFM Group Consulting LLC
John McKay	Proxy Holder	(via phone) (via phone)	

FIRST ORDER OF BUSINESS	
Call to Order		

The meeting was called to order at 1:21 p.m. Ms. Carvalho noted that the meeting was properly advertised and noticed, but due to traffic the meeting was not able to be started at 1:00 p.m. Mr. McKay stated that there was nobody else present.

SECOND ORDER OF BUSINESS	Appointment of Meeting Chairman

Ms. Carvalho was appointed as the Chair for the meeting.

Identification of Landowners and/or Landowner’s Proxy Holder(s)

Mr. John McKay was identified as the authorized proxy holder for Vistera Associates, LLC and Border Road Investments, LLC with a total of 271 votes.

Call for Nominations

Mr. McKay nominated John Blakley for Seat 3, Janice Snow for Seat 4, and John Leinaweaver for Seat 5.

Election of Supervisors

John Blakley received a total of 100 votes for Seat 3, Janice Snow received a total of 71 votes for Seat 4, and John Leinaweaver received a total of 100 votes for Seat 5. John Blakley and John Leinaweaver will both serve a 4 year term and Janice Snow will serve a 2 year term.

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THIRD ORDER OF BUSINESS	Adjournment

There were no additional items to discuss. The meeting was adjourned by Ms. Carvalho at 1:26 p.m.

Secretary/Assistant Secretary	Chairperson/Vice Chairperson

2 | P ag e

Laurel Road Community Development District

Consideration of the Minutes of the November 9, 2022, Board of Supervisors’ Meeting

MINUTES OF MEETING

LAUREL ROAD COMMUNITY DEVELOPMENT DISTRICT BOARD OF SUPERVISORS MEETING
Wednesday, November 9, 2022, at 12:00 p.m. 5800 Lakewood Ranch Blvd,
Sarasota, FL 34240

Board Members present at roll call:

Pete Williams	Chairperson John Leinaweaver	Vice Chairperson
John Blakley	Assistant Secretary
Janice Snow	Assistant Secretary Dale Weidemiller	Assistant Secretary

Also present at roll call via speakerphone or in-person:

Vivian Carvalho	PFM - District Manager	(via phone)	
Venessa Ripoll	PFM - District Manager	(via phone)	
Amanda Lane	PFM - District Accountant	(via phone)	
Jorge Jimenez	PFM - ADM	(via phone)	
Ed Vogler	District Counsel	(via phone)	
Shawn Leins	AM Engineering	(via phone)	
Tom Panaseny	Neal Communities	(via phone)	
John McKay	J.H. McKay, LLC		

FIRST ORDER OF BUSINESS	Administrative Matters Roll Call
The Board of Supervisors’ Meeting for Laurel Road CDD was called to order at 12:00 p.m. Mr.
Williams proceeded with roll call and confirmed quorum to proceed with the meeting. Those in attendance are outlined above either in person or via speakerphone. Mr. Williams noted that all elected Board Members executed their Oath of Office prior to the meeting.

Public Comment Period

There were no public comments.

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Consideration of the Minutes of the October 12, 2022, Board of Supervisors Meeting

The Board reviewed the minutes.

ON MOTION by Mr. Leinaweaver, seconded by Ms. Snow, with all in favor, the Board approved the Minutes of the October 12, 2022, Board of Supervisors Meeting.

SECONG ORDER OF BUSINESS	Business Matters

Ratification of Funding Request No. 084

The Board reviewed the funding request.

ON MOTION by Ms. Snow, seconded by Mr. Blakley, with all in favor, the Board ratified funding request No. 84.

THIRD ORDER OF BUSINESS	Other Business	
		Staff Reports	
District Counsel –	No Report		

District Engineer – Mr. Leins mentioned that Armstrong Landscaping was the only company to respond to the RFP for the landscape work. Mr. Williams suggested preparing a form of contract with them with an addendum.

ON MOTION by Mr. Weidemiller, seconded by Ms. Snow, with all in favor, the Board approved forming a contract with them with an addendum, pending review by District Counsel.

District Manager –  Ms. Carvalho suggested that the meeting time be changed to 12:30 p.m. for efficiency, meetings would still be held on the second Wednesday of the month.

2 | P age 

ON MOTION by Mr. Blakley, seconded by Ms. Snow, with all in favor, the Board approved changing the time of the meetings to 12:30 p.m.

The Board discussed the specific location of the meetings, as well as the availability of all District staff.

Audience	Comments	and	Supervisor Requests

There were no audience comments or supervisor requests.

FOURTH ORDER OF BUSINESS	Adjournment

There were no other questions or comments.

ON MOTION by Mr. Blakely, seconded by Mr. Weidemiller, with all in favor, the November 9, 2022, Board of Supervisors’ Meeting for the Laurel Road Community Development District was adjourned at 12:10 p.m.

Secretary / Assistant Secretary	Chairperson / Vice Chairperson

3 | P age 

Laurel Road Community Development District

Consideration of Resolution 2023-10, Canvassing and Certifying the Results of the Landowners’ Election

RESOLUTION 2023-10

A RESOLUTION CANVASSING AND CERTIFYING THE RESULTS OF THE LANDOWNERS ELECTION OF SUPERVISORS OF THE LAUREL ROAD COMMUNITY DEVELOPMENT DISTRICT HELD PURSUANT TO SECTION 190.006(2), FLORIDA STATUTES

WHEREAS, following proper publication of notice thereof, such landowners meeting was held November 1, 2022 at which the below recited persons were duly elected by virtue of the votes cast in their respective favor; and

WHEREAS, this Resolution canvasses the votes and declares and certifies the results of said election;

NOW, THEREFORE, BE IT RESOLVED BY THE LANDOWNERS AND BOARD OF SUPERVISORS OF THE LAUREL ROAD COMMUNITY DEVELOPMENT DISTRICT;

The following persons are found, certified, and declared to have been duly elected as Supervisors of and for the District, having been elected by the votes cast in their favor as shown, to with:

Votes

	 Votes 	

	 Votes 	

In accordance with said statute, and by virtue of the number of votes cast for the respective Supervisors, they are declared to have been elected for the following terms of office:

Four (4)
	 Year Term
Four (4) Year Term

Two (2) Year Term

Said terms of office shall commence immediately upon the adoption of this Resolution PASSED AND ADOPTED THIS 14th DAY OF DECEMBER, 2022.

Chairperson
LAUREL ROAD COMMUNITY DEVELOPMENT DISTRICT

ATTEST:

Secretary

Laurel Road Community Development District

Consideration of Resolution 2023-11, Election of Officers

RESOLUTION 2023-11

A RESOLUTION DESIGNATING A CHAIRMAN, A VICE CHAIRMAN, A SECRETARY, AND ASSISTANT SECRETARIES OF THE LAUREL ROAD COMMUNITY DEVELOPMENT DISTRICT AND PROVIDING FOR AN EFFECTIVE DATE.

Whereas, the Laurel Road Community Development District (the “District”) is a local unit of special-purpose government created and existing pursuant to Chapter 190, Florida Statutes, and situated within City of Venice, Florida; and

Whereas, the Board of Supervisors of the District (“Board”) desires to appoint the below- recited persons to the offices specified.

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE LAUREL ROAD COMMUNITY DEVELOPMENT DISTRICT:

Section 1.		 is elected Chairman.
Section 2.		 is elected Vice Chairman. Section 3.		 is elected Secretary.
	 is elected Assistant Secretary.
	 is elected Assistant Secretary.
	 is elected Assistant Secretary.
	                     is elected Assistant Secretary.	
Section 4.		                     is elected Treasurer.	
Section 5.		                   is elected as Assistant Treasurer.	
Section 6.	All resolutions	or	parts of Resolutions in conflict herewith	are	
hereby repealed to the extent of such conflict.

Section 7.	This Resolution shall become effective immediately upon its adoption.

Section 5.    This Resolution shall become effective immediately upon its adoption.

Passed and adopted this 14th day of December, 2022.

ATTEST:	LAUREL ROAD COMMUNITY DEVELOPMENT DISTRICT DISTRICT

	
Secretary/Assistant Secretary		Chairperson, Board of Supervisors	

Laurel Road Community Development District

Review and Consideration of the Onsight Industries Proposal, Vistera Pedestal 582 Lots

PROPOSAL 325148
LAUREL ROAD COMMUNITY DEVELOPMENT
Submitted to

CONTACT ADDRESS	ANDY RICHARDSON
3501 QUADRANGLE BLVD
ORLANDO FL 32817	

PHONE EMAIL	
arichardson@nealland.com	
FAX	

 	
ESTIMATE #	006-22-325148	
DATE	9/2/2022	
WRITTEN BY	RON SILVEIRA	
REFERENCE		
	       ** DEPOSIT REQUIRED **		

LOCATION
PROJECT NAME

VISTERA
PEDESTAL MAILBOX (582 LOTS)

DISTANCE

64

COORDINATES

Project Detail - Page 1

Items	
PRICE EACH	
QTY		
TOTAL	
1	MAILBOX, USPS COORDINATION	$0.00	1		$0.00	
ALL USPS COORDINATION SERVICES INCLUDED: KEYS LABELED AND PACKAGED					
2	LABOR / INSTALLATION, INSTALL, TAMPA, LOCAL 30-45	$3,825.00	1	$3,825.00	
ESTIMATED INSTALLATION					
3	MAILBOX, FLORENCE CBU PEDESTAL, 16 DOOR, STANDARD, BLACK, SEQ NUMBERING Sided,	$2,643.00	37	$97,791.00	
PLACARDS					
STANDARD NON-DECORATIVE PEDESTAL MAILBOX: 16-TENANT SLOTS AND 2- PARCEL LOCKERS					
	PRE-TAX TOTAL	$101,616.00	
	EST TAX (.07)	$0.00	

Terms & Conditions
All agreements are contingent upon delays and material cost increases beyond our control. Manufacturing cost increases incurred after quotation and prior passed through to the customer. In this scenario, the project will be requoted for customer approval.
Pricing in this proposal is subject to acceptance within 14 days and is void thereafter.
Depending upon the agreed credit terms, a deposit may be required before work is to commence.
If a deposit is to be paid by credit card, you authorize OnSight Industries, LLC to charge 50% of the total project cost upfront and the balance of the project up
Any labor and installation pricing is approximate and subject to change based upon actual time incurred.
Delivery/installation postponement will result in the client being progress billed for completed product. At this time, title for the product will transfer to the client receipt. Product will be warehoused until the client is ready for installation, at which time installation labor will be invoiced upon completion. Product that is ware
$100/month/pallet storage fee beginning on the 7th month.
Sales tax is estimated and subject to change based upon the actual rate at time of invoicing.
Unless otherwise noted, client assumes all responsibility for permitting and utility locator services as necessary.
Customer is responsible for variations from customer supplied architectural drawings & hardscapes.
Signature on this proposal constitutes approval from the client on supplied artwork/graphics.
Any credit balance(s) resulting from overpayment that remains on a credit account over 30 days will be applied to the oldest invoice(s) or to upcoming active statement.
Invoices are due upon receipt. Any unpaid invoices are subject to late fees equal to 1.5% of the balance due per month (18% per year), collection fees and/or

RON SILVEIRA

ONSIGHT INDUSTRIES, LLC.	NAME	TOTAL

to a work order being submitted to

on completion.

. Client agrees to pay progress bill housed for over 6 months will be

order(s) and reflected on the follow court costs.

12	$101,616.00

production will be

invoice upon assessed a

ing month’s

/5/2022
DATE	
Proposal Acceptance

THE ABOVE PRICES, SPECIFICATIONS AND CONDITIONS ARE HEREBY ACCEPTED. ONSIGHT INDUSTRIES, LLC IS AUTHORIZED TO PROCEED WITH THE PROJECT AS STATED. PAYMENT WILL BE MADE AS OUTLINED ABOVE.

SIGNATURE

NAME

DATE

900 CENTRAL PARK DR., SANFORD, FL 32771-6634
P: 407.830.8861 • F: 407.830.5569

Laurel Road Community Development District

Review and Consideration of the Onsight Industries Proposal, Phase 1A Street Signs

PROPOSAL 314104
LAUREL ROAD COMMUNITY DEVELOPMENT

CONTACT

ADDRESS

ANDY RICHARDSON
3501 QUADRANGLE BLVD
ORLANDO FL 32817

PHONE
EMAIL

FAX

arichardson@nealland.com

Submitted to

ESTIMATE #	006-22-314104	
DATE	3/7/2022	
WRITTEN BY	LISA JIMENEZ	
REFERENCE		
	       ** DEPOSIT REQUIRED **		

LOCATION
PROJECT NAME

VISTERA
PHASE 1A STREET SIGNS (NOV 2022)

DISTANCE

64

COORDINATES

Project Detail - Page 1

Items	PRICE EACH	QTY	TOTAL

1

STREET SIGNAGE, CUSTOM	$1,366.55	1	$1,366.55

2

(I) SPEED LIMIT 25 MPH/UNLESS POSTED COMBO

ADMIN, N/C MAP / SITE PRINTS, DP TO ORACAL, 36” X 24”	$0.00	3	$0.00

3

INSTALL MAPS

LABOR / INSTALLATION, INSTALL, TAMPA, LOCAL 45+	$4,350.00	1	$4,350.00

4

ESTIMATED INSTALL ACTUAL TBD

SIGNAGE / DISPLAY, ORACAL VINYL, MEDIA ONLY, STICKER, 3MIL LAM, 16'' MAX	$0.00	57	$0.00

5

DOT WARNING DECALS

STREET SIGNAGE, CUSTOM	$150.50	2	$301.00

6

(H) OBJECT MARKER SIGNS

STREET SIGNAGE, CUSTOM	$451.50	3	$1,354.50

7

(G) OBJECT MARKER SIGNS (SET OF 3)

STREET SIGNAGE, CUSTOM	$1,340.80	4	$5,363.20

8

(F) ROUNDABOUT CHEVRON SIGNS

STREET SIGNAGE, CUSTOM	$1,362.90	4	$5,451.60

9

(E) YIELD SIGNS

STREET SIGNAGE, CUSTOM	$1,382.00	7	$9,674.00

10

(D) PEDESTRIAN CROSSING/ARROW COMBO

STREET SIGNAGE, CUSTOM	$1,399.95	7	$9,799.65

11

(C) DIVIDED MEDIAN/OBJECT MARKER COMBO

STREET SIGNAGE, CUSTOM	$1,191.30	2	$2,382.60

12

(B) STOP SIGN

STREET SIGNAGE, CUSTOM	$2,111.70	6	$12,670.20

13

(2-7) DUAL STREET BLADE/STOP COMBO

STREET SIGNAGE, CUSTOM	$2,269.10	1	$2,269.10

14

(1) DUAL STREET BLADE/STOP COMBO

ADMIN, FINAL AGREEMENT PROVISION	$0.00	1	$0.00
STREET BLADES DO NOT COMPLY WITH REGULATIONS FROM THE CORRESPONDING AGENCIES (COUNTY/ CITY/FDOT) AND ARE BEING PRODUCED AS
DECORATIVE STREET SIGNS SPECIFICALLY REQUESTED BY THE CLIENT. CLIENT AGREES TO HOLD HARMLESS AND RELEASE ONSIGHT INDUSTRIES LLC OF ALL LIABILITY IF THE SIGNS DO NOT PASS INSPECTION.

Terms & Conditions

PRE-TAX TOTAL  $54,982.40
EST TAX (.07)	$0.00

TOTAL	$54,982.40

All agreements are contingent upon delays and material cost increases beyond our control. Manufacturing cost increases incurred after quotation and prior to a work order being submitted to production will be passed through to the customer. In this scenario, the project will be requoted for customer approval.
Pricing in this proposal is subject to acceptance within 14 days and is void thereafter.
Depending upon the agreed credit terms, a deposit may be required before work is to commence.
If a deposit is to be paid by credit card, you authorize OnSight Industries, LLC to charge 50% of the total project cost upfront and the balance of the project upon completion.
Any labor and installation pricing is approximate and subject to change based upon actual time incurred.
Delivery/installation postponement will result in the client being progress billed for completed product. At this time, title for the product will transfer to the client. Client agrees to pay progress bill invoice upon receipt. Product will be warehoused until the client is ready for installation, at which time installation labor will be invoiced upon completion. Product that is warehoused for over 6 months will be assessed a
$100/month/pallet storage fee beginning on the 7th month.
Sales tax is estimated and subject to change based upon the actual rate at time of invoicing.
Unless otherwise noted, client assumes all responsibility for permitting and utility locator services as necessary.
Customer is responsible for variations from customer supplied architectural drawings & hardscapes.
Signature on this proposal constitutes approval from the client on supplied artwork/graphics.
Any credit balance(s) resulting from overpayment that remains on a credit account over 30 days will be applied to the oldest invoice(s) or to upcoming active order(s) and reflected on the following month’s statement.
Invoices are due upon receipt. Any unpaid invoices are subject to late fees equal to 1.5% of the balance due per month (18% per year), collection fees and/or court costs.

ONSIGHT INDUSTRIES, LLC.

RON SILVEIRA
NAME

8/29/2022
DATE

Proposal Acceptance

THE ABOVE PRICES, SPECIFICATIONS AND CONDITIONS ARE HEREBY ACCEPTED. ONSIGHT INDUSTRIES, LLC IS AUTHORIZED TO PROCEED WITH THE PROJECT AS STATED. PAYMENT WILL BE MADE AS OUTLINED ABOVE.

SIGNATURE

NAME

DATE

900 CENTRAL PARK DR., SANFORD, FL 32771-6634
P: 407.830.8861 • F: 407.830.5569

Laurel Road Community Development District

Review and Consideration of the Onsight Industries Proposal, Phase 1B Street Signs

PROPOSAL 317596
LAUREL ROAD COMMUNITY DEVELOPMENT
Submitted to

CONTACT ADDRESS	ANDY RICHARDSON
3501 QUADRANGLE BLVD
ORLANDO FL 32817	

PHONE EMAIL	
arichardson@nealland.com	
FAX	

 	
ESTIMATE #	006-22-317596	
DATE	5/4/2022	
WRITTEN BY	JAMIE PARKER	
REFERENCE		
	       ** DEPOSIT REQUIRED **		

LOCATION
PROJECT NAME

VISTERA
PHASE 1B STREET SIGNS (DEC 2022)

DISTANCE

64

COORDINATES

Project Detail - Page 1

Items	PRICE EACH	QTY	TOTAL

1

LABOR / INSTALLATION, INSTALL, TAMPA, LOCAL 45+	$2,875.00	1	$2,875.00

2

ESTIMATED INSTALL ACTUAL TBD

ADMIN, N/C MAP / SITE PRINTS, DP TO ORACAL, 36” X 24”	$0.00	3	$0.00

3

INSTALL MAP

STREET SIGNAGE, CUSTOM	$1,366.55	1	$1,366.55

4

(I) SPEED LIMIT 25 MPH/UNLESS POSTED COMBO

STREET SIGNAGE, CUSTOM	$451.50	4	$1,806.00

5

(G) OBJECT MARKER SIGNS (SET OF 3)

STREET SIGNAGE, CUSTOM	$1,399.95	2	$2,799.90

6

(C) DIVIDED MEDIAN/OBJECT MARKER COMBO

STREET SIGNAGE, CUSTOM	$1,191.30	1	$1,191.30

7

(B) STOP SIGN

STREET SIGNAGE, CUSTOM	$1,214.75	2	$2,429.50

8

(A) YIELD HERE TO PED SIGN

STREET SIGNAGE, CUSTOM	$2,111.70	7	$14,781.90

9

(2-8) DUAL STREET BLADE/STOP COMBO

STREET SIGNAGE, CUSTOM	$2,269.10	1	$2,269.10

10

(1) DUAL STREET BLADE/STOP COMBO

ADMIN, FINAL AGREEMENT PROVISION	$0.00	1	$0.00
STREET BLADES DO NOT COMPLY WITH REGULATIONS FROM THE CORRESPONDING AGENCIES (COUNTY/ CITY/FDOT) AND ARE BEING PRODUCED AS
DECORATIVE STREET SIGNS SPECIFICALLY REQUESTED BY THE CLIENT. CLIENT AGREES TO HOLD HARMLESS AND RELEASE ONSIGHT INDUSTRIES LLC OF ALL LIABILITY IF THE SIGNS DO NOT PASS INSPECTION.

Terms & Conditions

PRE-TAX TOTAL  $29,519.25
EST TAX (.07)	$0.00

TOTAL	$29,519.25

All agreements are contingent upon delays and material cost increases beyond our control. Manufacturing cost increases incurred after quotation and prior to a work order being submitted to production will be passed through to the customer. In this scenario, the project will be requoted for customer approval.
Pricing in this proposal is subject to acceptance within 14 days and is void thereafter.
Depending upon the agreed credit terms, a deposit may be required before work is to commence.
If a deposit is to be paid by credit card, you authorize OnSight Industries, LLC to charge 50% of the total project cost upfront and the balance of the project upon completion.
Any labor and installation pricing is approximate and subject to change based upon actual time incurred.
Delivery/installation postponement will result in the client being progress billed for completed product. At this time, title for the product will transfer to the client. Client agrees to pay progress bill invoice upon receipt. Product will be warehoused until the client is ready for installation, at which time installation labor will be invoiced upon completion. Product that is warehoused for over 6 months will be assessed a
$100/month/pallet storage fee beginning on the 7th month.
Sales tax is estimated and subject to change based upon the actual rate at time of invoicing.
Unless otherwise noted, client assumes all responsibility for permitting and utility locator services as necessary.
Customer is responsible for variations from customer supplied architectural drawings & hardscapes.
Signature on this proposal constitutes approval from the client on supplied artwork/graphics.
Any credit balance(s) resulting from overpayment that remains on a credit account over 30 days will be applied to the oldest invoice(s) or to upcoming active order(s) and reflected on the following month’s statement.
Invoices are due upon receipt. Any unpaid invoices are subject to late fees equal to 1.5% of the balance due per month (18% per year), collection fees and/or court costs.

ONSIGHT INDUSTRIES, LLC.

RON SILVEIRA
NAME

12/1/2022
DATE

Proposal Acceptance

THE ABOVE PRICES, SPECIFICATIONS AND CONDITIONS ARE HEREBY ACCEPTED. ONSIGHT INDUSTRIES, LLC IS AUTHORIZED TO PROCEED WITH THE PROJECT AS STATED. PAYMENT WILL BE MADE AS OUTLINED ABOVE.

SIGNATURE

NAME

DATE

900 CENTRAL PARK DR., SANFORD, FL 32771-6634
P: 407.830.8861 • F: 407.830.5569

Laurel Road Community Development District

Ratification of Purchase Order No. 210509

PURCHASE ORDER No.  210509	
Laurel Road	Job No.: 21-05
Community Development District
c/o	P.O. Date: December 5, 2022
Forsberg Construction, Inc.
645 Charlotte Street, Punta Gorda FL 33950	Project Name: Vistera of Venice Phase 1
Phone: (941) 637-8500	Fax: (941) 639-1073
Project Address: Laurel Road

 Venice, Florida		 Vendor:  Ferguson Waterworks			Legal Desc.:  Sec: 34, Twp: 38S, Range 19E	 Address:  18305 Paulson Drive				County:  Sarasota		
 Port Charlotte, FL 33954		Payment Terms:  Net 30 days	
Vendor Phone:  941-624-3494	 Attention:  Tyler Evenson		Vendor Fax:  941-627-3519	

Quantity	Unit	Description	Unit Price	Total Price	
						
1	LS	On-Site Force Main Material Exhibit "A"	$	51,212.00		$	51,212.00	
1	LS	Fire Hydrant Material Exhibit "B"	$	2,725.60		$	2,725.60	
1	LS	Water Main Jumper Material Exhibit "C"	$	3,641.28		$	3,641.28	
						
		Purchase order reflects current market pricing.				

		Prices are good for duration of the project.				

Total Project Subtotal	$	57,578.88	
Sales Tax @ 6 %	tax exempt	
Discretionary Tax @ 1.0 % on 1st $5,000.00	tax exempt	
TOTAL	$	57,578.88	

 Ferguson Waterworks		Laurel Road CDD

Vendor name

X

12 / 5

/2022

Chairman

X	/	/	

Authorized Agent (signature)	Date	Authorized Agent (signature)	Date
Tyler Evenson	! IMPORTANT !

Authorized Agent (printed/typed)

* SEE SPECIAL PROVISIONS ABOVE.

Page	1	of	2	ADDITIONAL TERMS AND CONDITIONS ON PAGE 2

TERMS AND CONDITIONS
All material shall be as specified and warranted in accordance to the Project specifications, plans and addenda. Material shall be within accepted standards for workmanship and quality, and shall be satisfactory to meet approval of the Owner, Owner's representative and Purchaser.

When requested by Purchaser, Vendor will provide, at no additional cost to Purchaser, a complete set of shop drawings for Purchaser's review and approval. All items supplied without prior approval, that do not meet Project requirements, will be returned to Vendor, by Vendor, at no charge to Purchaser.

Time is of the essence.

Delivery of materials to be coordinated by Purchaser in order to accommodate unloading. Vendor shall notify Purchaser 24 hours in advance of arrival to jobsite to confirm delivery.

Material shall arrive in such time that it will allow for unloading before quitting time, or Vendor and/or transporter will be required to hold over until the following work day to be unloaded. Purchaser will not be responsible for any demurrage charge for such hold over.

Should the Vendor fail to provide material as scheduled by Purchaser and Vendor, the Purchaser, upon 3 day written notice to Vendor, shall have the right to procure said materials elsewhere without further responsibility to Vendor.

Quantities are approximate and subject to project requirements.

Vendor agrees to accept without charge to Purchaser, all extra, non-specialty materials in good condition which remain after completion of work and will issue full credit for same.

Vendor shall sign and return Purchase Order within 10 days of Purchase Order date. Purchaser will return an executed Purchase Order to Vendor.

To insure prompt payment, Purchase Order number must appear on all invoices and copies of signed delivery slips attached.

Neither party will change, alter, nor substitute any part of this Purchase Order without consent of the opposite party. All changes so agreed to shall be initialed and dated by authorized agents of both parties.

No invoices will be processed or paid by Purchaser without receipt of a properly signed and acceptable Purchase Order.

Shipment of any materials, before signing this Purchase Order, will be considered an acceptance of this Purchase Order.

If Vendor fails to properly execute and return Purchase Order within 10 days, Purchaser may consider offer rejected.

This agreement shall be governed by the laws of the State of Florida with venue in Charlotte County, Florida.

The authorized agent signing this Purchase Order for the Vendor must be duly authorized to do so on behalf of the Vendor or on behalf of any such disclosed principal.

In the event any of these terms are declared to be unenforceable by a court of competent jurisdiction, then Purchaser and Vendor intend for the remaining terms and conditions to remain in full force and effect.

This Purchase Order is the only binding contract between Purchaser and Vendor for this project and the work described. This Purchase Order replaces all previous contracts and agreements, whether written or verbal, regarding this project. No other document will supersede the requirements of this Purchase Order unless signed by an authorized agent of each party subsequent to the date of this Purchase Order.

Page  2 of	2	Ferguson Initial 	 Laurel Road CDD Intital 	

FEL-PT. CHARLOTTE WW 1705	Deliver To:	
18305 PAULSON DRIVE	From:	Tyler A Evenson	
PORT CHARLOTTE, FL 33954-0000	Comments:	
Phone: 941-624-3494		
Fax: 941-627-3519		

10:15:55 DEC 05 2022

Order No:	1577408
Order Date:  12/05/22

FEL-PORT CHARLOTTE #1705
Order Confirmation Phone: 941-624-3494
Fax: 941-627-3519

Req Date:	12/06/22

EXHIBIT A

Ship Via:	OUR TRUCK
Terms:	NET 10TH PROX

Page 1 of 1

Writer:	GCK

Sold To:	LAUREL ROAD COMMUNITY DEV		Ship To:		LAUREL ROAD CDD		
	VISTERA				LARUEL RD EAST OF I-75		
	3501 QUADRANGLE BLVD STE 27				NOKOMIS, FL 34275		

Cust PO#:	ORLANDO, FL 32817

210504/ON SITE FM		

Job Name:		

VISTERA		

Item	
Description		
Quantity		
Net Price	UM	Total		
DR18GPU	
6 C900 DR18 PVC GJ GREE PIPE		2800		  
18.290	FT	51212.00		

Net Total:
Tax: Freight: Total:	$51212.00
$0.00
$0.00
$51212.00	
WARRANTY PROVISIONS		
The purchaser's sole and exclusive warranty is that provided by the manufacturer, if any. Seller makes no express or implied
warranties. SELLER DISCLAIMS ALL EXPRESS OR IMPLIED WARRANTIES INCLUDING ALL IMPLIED WARRANTIES OF MERCHANTABILITY
AND FITNESS OR FITNESS FOR A PARTICULAR PURPOSE. IN NO EVENT WILL SELLER BE LIABLE FOR ANY INCIDENTAL, PUNITIVE, SPECIAL OR CONSEQUENTIAL DAMAGES ARISING DIRECTLY OR INDIRECTLY FROM THE OPERATION OR USE OF THE PRODUCT. SELLER'S LIABILITY,
IF ANY, SHALL BE LIMITED TO THE NET SALES PRICE RECEIVED BY SELLER. Complete Terms and Conditions are available upon request
or can be viewed on the web at https://www.ferguson.com/content/website-info/terms-of-sale

LEAD LAW WARNING: It is illegal to install products that are not "lead free" in accordance with US Federal or other applicable law in potable water systems anticipated for human consumption. Products with *NP in the description are NOT lead free and can only be installed in non- potable applications. Buyer is solely responsible for product selection.
COVID-19 ORDER: ANY REFERENCE TO OR INCORPORATION OF EXECUTIVE ORDER 14042 AND/OR THE EO-IMPLEMENTING FEDERAL CLAUSES (FAR 52.223-99 AND/OR DFARS 252.223-7999) IS EXPRESSLY REJECTED BY SELLER AND SHALL NOT APPLY AS SELLER IS A MATERIALS SUPPLIER AND THEREFORE EXEMPT UNDER THE EXECUTIVE ORDER.

HOW ARE WE DOING? WE WANT YOUR FEEDBACK!
Scan the QR code or use the link below to complete a survey about your orders:
https://survey.medallia.com/?bidsorder&fc=1705&on=45073

FEL-PT. CHARLOTTE WW 1705	Deliver To:	
18305 PAULSON DRIVE	From:	Tyler A Evenson	
PORT CHARLOTTE, FL 33954-0000	Comments:	
Phone: 941-624-3494		
Fax: 941-627-3519		

EXHIBIT B

10:04:07 DEC 05 2022				Page 1 of 1	
FEL-PORT CHARLOTTE #1705	
Order Confirmation	
Phone: 941-624-3494	
Fax: 941-627-3519	

Order No:	
1577323	
Req Date:	
12/06/22	
Ship Via:	
OUR TRUCK	
Order Date:	12/02/22			Terms:	NET 10TH PROX	
Writer:	GCK				

Sold To:	
LAUREL ROAD COMMUNITY DEV		
Ship To:	
LAUREL ROAD CDD	
	VISTERA			LARUEL RD EAST OF I-75	
	3501 QUADRANGLE BLVD STE 27			NOKOMIS, FL 34275	
	ORLANDO, FL 32817					

Cust PO#:	
210504/ FIRE HYDRANT		
Job Name:	
VISTERA		

Item		Description		Quantity		Net Price		UM		Total	
DR14BPU		6 C900 DR14 PVC GJ BLUE PIPE		80		18.830		FT		1506.40	
DR18BPU		6 C900 DR18 PVC GJ BLUE PIPE		80		15.240		FT		1219.20	
			Net Total:
Tax: Freight: Total:				$2725.60
$0.00
$0.00
$2725.60	
WARRANTY PROVISIONS					
The purchaser's sole and exclusive warranty is that provided by the manufacturer, if any. Seller makes no express or implied
warranties. SELLER DISCLAIMS ALL EXPRESS OR IMPLIED WARRANTIES INCLUDING ALL IMPLIED WARRANTIES OF MERCHANTABILITY
AND FITNESS OR FITNESS FOR A PARTICULAR PURPOSE. IN NO EVENT WILL SELLER BE LIABLE FOR ANY INCIDENTAL, PUNITIVE, SPECIAL OR CONSEQUENTIAL DAMAGES ARISING DIRECTLY OR INDIRECTLY FROM THE OPERATION OR USE OF THE PRODUCT. SELLER'S LIABILITY,
IF ANY, SHALL BE LIMITED TO THE NET SALES PRICE RECEIVED BY SELLER. Complete Terms and Conditions are available upon request
or can be viewed on the web at https://www.ferguson.com/content/website-info/terms-of-sale

LEAD LAW WARNING: It is illegal to install products that are not "lead free" in accordance with US Federal or other applicable law in potable water systems anticipated for human consumption. Products with *NP in the description are NOT lead free and can only be installed in non- potable applications. Buyer is solely responsible for product selection.
COVID-19 ORDER: ANY REFERENCE TO OR INCORPORATION OF EXECUTIVE ORDER 14042 AND/OR THE EO-IMPLEMENTING FEDERAL CLAUSES (FAR 52.223-99 AND/OR DFARS 252.223-7999) IS EXPRESSLY REJECTED BY SELLER AND SHALL NOT APPLY AS SELLER IS A MATERIALS SUPPLIER AND THEREFORE EXEMPT UNDER THE EXECUTIVE ORDER.

HOW ARE WE DOING? WE WANT YOUR FEEDBACK!
Scan the QR code or use the link below to complete a survey about your orders:
https://survey.medallia.com/?bidsorder&fc=1705&on=45073

FEL-FT. MYERS WATERWORKS #127 PO BOX 100286
ATLANTA, GA 30384-0286

EMAIL DUPLICATE INVOICE

Deliver To:
From:	Tyler A Evenson
Comments:

Invoice Number	
Customer	
Page	

1573874	
45073	1	

Please Contact With Questions:
239-433-0555
Please refer to Invoice Number when making payment and remit to:	TOTAL DUE --->	3641.28

EXHIBIT C

FEL-FT. MYERS WATERWORKS #127 PO BOX 100286
ATLANTA, GA 30384-0286

Sold To:	Ship To:
LAUREL ROAD COMMUNITY DEVELOPM	LAUREL ROAD CDD
VISTERA	LARUEL RD EAST OF I-75
3501 QUADRANGLE BLVD STE 270	NOKOMIS, FL 34275
ORLANDO, FL 32817
Ship Whse	Sell Whse	Tax Code	Customer Order Number	Sales Person	Job Name	Invoice Date	Batch	
1705	1705	FLE	WATER HOT TAPS	TAE	VISTERA	11/04/2022	87406	
Ordered	Shipped	Item Number	Description	Unit Price	UM	Amount	
12	12	FFB17007NL	LF 2 MIP X FIP BALL CORP	223.200	EA	2678.40	
2	2	FFC202905IP7I	8X2 IP DBL STRP SS EPOXY SDL	107.780	EA	215.56	
4	4	FFC2021320IP7I	12X2 IP DBL STRP SS EPOXY SDL	153.830	EA	615.32	
12	12	IBRLFCPLUGK	LF 2 BRS SQ HD CORED PLUG	11.000	EA	132.00	

Invoice Sub-Total	3641.28	
Tax	0.00	
Total Amt	3641.28	

3641.28

TOTAL DUE --->

ALL ACCOUNTS ARE DUE AND PAYABLE PER THE CONDITIONS AND TERMS OF THE ORIGINAL INVOICE. ALL PAST DUE AMOUNTS ARE SUBJECT TO A SERVICE CHARGE AT THE MAXIMUM RATE ALLOWED BY STATE LAW PLUS COSTS OF COLLECTION INCLUDING
ATTORNEY FEES IF INCURRED. FREIGHT TERMS ARE FOR OUR DOCK UNLESS OTHERWISE SPECIFIED ABOVE. COMPLETE TERMS AND
CONDITIONS ARE AVAILABLE UPON REQUEST OR CAN BE VIEWED ON THE WEB AT https://www.ferguson.com/content/website-info/terms-of-sale GOVT BUYERS: ALL ITEMS QUOTED ARE OPEN MARKETUNLESS NOTED OTHERWISE.
LEAD LAW WARNING: IT IS ILLEGAL TO INSTALL PRODUCTS THAT ARE NOT "LEAD FREE" IN ACCORDANCE WITH US FEDERAL OR OTHER APPLICABLE LAW IN POTABLE WATER SYSTEMS ANTICIPATED FOR HUMAN CONSUMPTION. PRODUCTS WITH *NP IN THE DESCRIPTION ARE NOT LEAD FREE AND CAN ONLY BE INSTALLED IN NON-POTABLE APPLICATIONS. BUYER IS SOLELY RESPONSIBLE FOR PRODUCT SELECTION.
COVID-19 ORDER: ANY REFERENCE TO OR INCORPORATION OF EXECUTIVE ORDER 14042 AND/OR THE EO-IMPLEMENTING FEDERAL CLAUSES (FAR 52.223-99 AND/OR DFARS 252.223-7999) IS EXPRESSLY REJECTED BY SELLER AND SHALL NOT APPLY AS SELLER IS A MATERIALS SUPPLIER AND THEREFORE EXEMPT UNDER THE EXECUTIVE ORDER.

Florida Admin Rule 12A-1.094 Public Works Contracts and FS Sec. 212.08:

Direct Purchase Order. The CDD must issue its purchase order in its name directly to the vendor supplying the materials the contractor will use and provide the vendor with a copy of the CDD’s Florida Consumer’s Certification of Exemption.

Direct Invoice. The vendor’s invoice must be issued to the CDD only, rather than to the contractor.

Direct Payment. The CDD must make payment directly to the vendor from public funds.

Passage of Title. The CDD must take title to the tangible personal property from the vendor at the time of purchase or delivery by the vendor (this means the CDD owns the property and all documentation, e.g. bill of sale, warranty materials, etc are in the name of the CDD as “Owner”).

Assumption of the Risk of Loss. Assumption of the risk of damage or loss by the CDD is a paramount consideration. The CDD will be deemed to have assumed the risk of loss if the CDD bears the economic burden of obtaining insurance covering damage or loss or directly enjoys the economic benefit of the proceeds of such insurance.

The CDD is required to issue a Certificate of Entitlement to each vendor and to the CDD’s contractor to affirm that the tangible personal property purchased from that vendor will go into or become a part of a public work. [Copy of Certificate of Entitlement is attached].

The CDD’s purchase order for tangible personal property to be incorporated into the public works project must be attached to the Certificate of Entitlement.

The CDD must issue a separate Certificate of Entitlement for each purchase order.

CERTIFICATE OF ENTITLEMENT
The undersigned authorized representative of the Laurel Road Community Development District, a local unit of special purpose government (hereinafter “Governmental Entity”), Florida Consumer’s Certificate of Exemption Number 85-8018367937C-5, affirms that the tangible personal property purchased pursuant to Purchase Order Number 210509 from Ferguson Waterworks (Vendor) on or after 12/5/22 (date) will be incorporated into or become a part of a public facility as part of a public works contract pursuant to contract # n/a with Forsberg Construction, Inc. (Name of Contractor) for the construction of Vistera of Venice Phase 1.

Governmental Entity affirms that the purchase of the tangible personal property contained in the attached Purchase Order meets the following exemption requirements contained in Section 212.08(6), F.S., and Rule 12A-1.094, F.A.C.:

You must initial each of the following requirements.
	 1. The attached Purchase Order is issued directly to the vendor supplying the tangible personal property the Contractor will use in the identified public works.
The vendor’s invoice will be issued directly to Governmental Entity.
Payment of the vendor’s invoice will be made directly by Governmental Entity to the vendor from
public funds.
	 4. Governmental Entity will take title to the tangible personal property from the vendor at the time of purchase or of delivery by the vendor.
	 5. Governmental Entity assumes the risk of damage or loss at the time of purchase or delivery by the vendor.

Governmental Entity affirms that if the tangible personal property identified in the attached Purchase Order does not qualify for the exemption provided in Section 212.08(6), F.S. and Rule 12A-1.094, F.A.C., Governmental Entity will be subject to the tax, interest, and penalties due on the tangible personal property purchased. If the Florida Department of Revenue determines that the tangible personal property purchased tax-exempt by issuing this Certificate does not qualify for the exemption, Governmental Entity will be liable for any tax, penalty, and interest determined to be due.

I understand that if I fraudulently issue this certificate to evade the payment of sales tax I will be liable for payment of the sales tax plus a penalty of 200% of the tax and may be subject to conviction of a third degree felony.

Under the penalties of perjury, I declare that I have read the foregoing Certificate of Entitlement and the facts stated in it are true.

Laurel Road Community Development District, a local unit of special purpose government By: 	

 	

 	

Its:	DATE:

 	

Federal Employer Identification Number:

You must attach a copy of the Purchase Order to this Certificate of Entitlement.

Do not send to the Florida Department of Revenue. This Certificate of Entitlement must be retained in the
vendor’s and the contractor’s books and records.

Laurel Road Community Development District

Ratification of Funding Request No. 085-087

LAUREL ROAD COMMUNITY DEVELOPMENT DISTRICT

Funding Request No. 85-87

FR #	Description	Amount	Total	
				
85	CA Florida Holdings	$286.00		
				
	Vogler Ashton	$893.50		
				
	Wrathell, Hunt & Associates			
		$26.24		
		$39.52		
			$1,245.26	
				
86	Supervisor Fees- 11/09/2022			
	Dale Weidemiller	$200.00		
	John Blakley	$200.00		
	Pete Williams	$200.00		
	Janice Snow	$200.00		
	John Leinaweaver	$200.00		
			$1,000.00	
				
87	CA Florida Holdings	$811.25		
			$811.25	
				
		Total	$3,056.51	

LAUREL ROAD
COMMUNITY	DEVELOPMENT	DISTRICT

Funding Request No. 085
11/4/2022

Item	Vendor	Invoice	General	Fiscal
No.	Number	Fund	Year

CA Florida Holdings
Legal Advertising on 06/01/2022; Ad: 7322397	4694716	$	286.00	FY 2022

Vogler Ashton
General Counsel Through 09/30/2022	343	$	893.50	FY 2022

Wrathell, Hunt & Associates
FedEx Reimbursement	2021-2058	$	26.24	FY 2022
FedEx Reimbursement	2021-2084	$	39.52	FY 2022

TOTAL	$  1,245.26

1,245.26	FY 2022

r FY2023

//
Secretary I Assistant Secretary	Board Member

Laurel Road COD
c/o PFM Group Consulting
3501 Quadrangle Blvd. Ste. 270
Orlando, FL 32817

RECEIVED
By Amanda Lane at 11:00 am, Nov 07, 2022

LaneA@pfm.com II (407) 723-5925

LAUREL ROAD
COMMUNITY	DEVELOPMENT	DISTRICT

Funding Request No. 086

11/11/2022

	Item
No.	Vendor	Invoice
Number	General
Fund	Fiscal
Year	
	
1	
Supervisor Fees -- 11/09/2022 Meeting				
		Dale Weidemiller	--	$	200.00	FY 2023	
		John Blakley	--	$	200.00	FY 2023	
		Pete Williams	--	$	200.00	FY 2023	
		Janice Snow	--	$	200.00	FY 2023	
		John Leinaweaver	--	$	200.00	FY 2023	

TOTAL	
$  1,000.00		

-	FY 2022	
1,000.00	FY 2023	

Secretary I AssistntSecretary	Board Member

Laurel Road COD
c/o PFM Group Consulting

RECEIVED
By Amanda Lane at 8:25 am, Nov 16, 2022

3501 Quadrangle Blvd. Ste. 270
Orlando, FL 32817
LaneA@pfm.com II (407) 723--5925

LAUREL ROADD
COMMUNITY	DEVELOPMENT	DISTRICT

Funding Request No. 087

-	FY 2022
811.25	FY2023

11/18/2022

Item
No.	Vendor	Invoice
Number	General
Fund	Fiscal
Year		

1	
CA Florida Holdings					
	Legal Advertising on October 10 (Ad 7824323)	5014559	$	211.75	FY2023		
	Legal Advertising on October 11 and October 18 (Ad 7871602)	5014559	$	599.50	  FY2023		
		
TOTAL	
$	811.25			

Secretary / Assistant Secretary	Board Member

Laurel Road CDD
c/o PFM Group Consulting

RECEIVED
By Amanda Lane at 10:36 am, Nov 21, 2022

3501 Quadrangle Blvd. Ste. 270
Orlando, FL 32817
LaneA@pfm.com II (407) 723--5925

Laurel Road Community Development District

Review of District Financial Statements

Laurel Road CDD
Statement of Financial Position As of 10/31/2022

General Fund	Debt Service Fund		Capital Projects Fund	
	
Assets			

$7,904.59				
2,545.26				
	$327,259.38			
	164,843.75			
	19.21			
	0.05			
	208,568.41			
	164,852.33			
			$7,372,515.58	
$10,449.85	$865,543.13		$7,372,515.58	
$0.00	$0.00		$0.00	
$10,449.85	$865,543.13		$7,372,515.58	

Long-Term Debt		Total	

$0.00		

$7,904.59 2,545.26
327,259.38
164,843.75
19.21
0.05
208,568.41
164,852.33
7,372,515.58
$8,248,508.56	

$865,543.13 21,484,456.87
$22,350,000.00		
$865,543.13 21,484,456.87
$22,350,000.00	
$22,350,000.00		$30,598,508.56	

Current Assets
General Checking Account
Accounts Receivable - Due from Developer Series 2021A1 Debt Service Reserve Series 2021A2 Debt Service Reserve Series 2021A Revenue
Series 2021A2 Interest
Series 2021A1 Capitalized Interest Series 2021A2 Capitalized Interest Series 2021A Acquisition/Construction
Total Current Assets

Investments
Amount Available in Debt Service Funds Amount To Be Provided
Total Investments

Total Assets

Page 1 of 2

Laurel Road CDD

Long-Term Debt		Total	

$0.00		

$5,420.26 2,545.26
481,036.25
$489,001.77	

$22,350,000.00
$22,350,000.00		
$22,350,000.00
$22,350,000.00	
$22,350,000.00		$22,839,001.77	

$0.00		

$4,233.69 (1,749.36)
865,543.13
0.00

6,944,089.17
(52,609.84)

$7,759,506.79	
			
$22,350,000.00		$30,598,508.56	

Statement of Financial Position As of 10/31/2022

General Fund

Debt Service	Capital Projects Fund		Fund

Liabilities and Net Assets

Current Liabilities Accounts Payable Deferred Revenue Retainage Payable
Total Current Liabilities

Long Term Liabilities
Revenue Bonds Payable - Long-Term Total Long Term Liabilities

Total Liabilities

Net Assets
Net Assets, Unrestricted
Current Year Net Assets - General Government

Net Assets, Unrestricted
Current Year Net Assets, Unrestricted

Net Assets, Unrestricted
Current Year Net Assets, Unrestricted

Total Net Assets

Total Liabilities and Net Assets

2,545.26

$7,965.52		

$0.00		
$481,036.25
$481,036.25	
$0.00		$0.00		$0.00	
$7,965.52		$0.00		$481,036.25	

$4,233.69 (1,749.36)

$2,484.33		

$865,543.13
0.00

$865,543.13		

$6,944,089.17 (52,609.84)
$6,891,479.33	
					
$10,449.85		$865,543.13		$7,372,515.58	

$5,420.26

Page 2 of 2

Laurel Road CDD Statement of Activities As of 10/31/2022	
	
General Fund		
Debt Service Fund		
Capital Projects Fund		
Long-Term Debt		
Total	

Revenues										
Developer Contributions	$10,425.50								$10,425.50	
Other Income & Other Financing Sources	0.64								0.64	
Total Revenues	

$10,426.14		

$0.00		

$0.00		

$0.00		

$10,426.14	
Expenses										
Supervisor Fees	$1,000.00								$1,000.00	
Public Officials' Liability Insurance	2,504.00								2,504.00	
Management	4,000.00								4,000.00	
Legal Advertising	862.50								862.50	
Office Supplies	125.00								125.00	
Web Site Maintenance	450.00								450.00	
Dues, Licenses, and Fees	175.00								175.00	
General Insurance	3,059.00								3,059.00	
Contingency					$52,609.84				52,609.84	
Total Expenses	

$12,175.50		

$0.00		

$52,609.84		

$0.00		

$64,785.34	
Other Revenues (Expenses) & Gains (Losses)										
Total Other Revenues (Expenses) & Gains (Losses)	$0.00		$0.00		$0.00		$0.00		$0.00	
Change In Net Assets	($1,749.36)		$0.00		($52,609.84)		$0.00		($54,359.20)	

Net Assets At Beginning Of Year	
$4,233.69		
$865,543.13		
$6,944,089.17		
$0.00		
$7,813,865.99	

Net Assets At End Of Year	
$2,484.33		
$865,543.13		
$6,891,479.33		
$0.00		
$7,759,506.79	

Page 1 of 1

Laurel Road CDD	
Budget to Actual
For the Month Ending 10/31/2022	
Year To Date	
		
Actual			
Budget			
Variance		FY 2023
Adopted Budget	

Revenues											
Off-Roll Assessments Developer Contributions
Other Income & Other Financing Sources	$	- 10,425.50
0.64		$	22,811.08
-
-		$	(22,811.08)
10,425.50
0.64		$	273,733.00
-
-	
Net Revenues	$	10,426.14		$	22,811.08		$	(12,384.94)		$	273,733.00	
General & Administrative Expenses
Supervisor Fees
Public Officials' Liability Insurance Trustee Services
Management Engineering Dissemination Agent District Counsel
Assessment Administration Audit
Arbitrage Calculation Telephone
Postage & Shipping Legal Advertising Miscellaneous Office Supplies
Web Site Maintenance	

$	1,000.00
2,504.00
- 4,000.00
-
-
-
-
-
-
-
- 862.50
- 125.00
450.00		

$	

1,075.00
- 500.00
4,000.00
1,250.00
83.33
2,083.33
458.33
541.67
41.67
16.67
41.67
666.67
49.23
41.67
76.25		

$	

(75.00)
2,504.00
(500.00)
- (1,250.00)
(83.33)
(2,083.33)
(458.33)
(541.67)
(41.67)
(16.67)
(41.67)
195.83
(49.23)
83.33
373.75		

$	12,900.00
- 6,000.00
48,000.00
15,000.00
1,000.00
25,000.00
5,500.00
6,500.00
500.00
200.00
500.00
8,000.00
590.00
500.00
915.00	
Dues, Licenses, and Fees Maintenance Staff Lifestyle Staff		175.00
-
-			14.58
1,666.67
1,666.67			160.42
(1,666.67)
(1,666.67)		175.00
20,000.00
20,000.00	
Total General & Administrative Expenses	$	9,116.50		$	14,273.41		$	(5,156.91)		$	171,280.00	

Field Operations Expenses
Electric
Water Reclaimed Equipment Rental General Insurance
Property & Casualty Insurance Irrigation
Lake Maintenance
Landscaping Maintenance & Material Landscape Improvements Contingency
Gate - Repairs & Maintenance Street Sweeping
Lighting Bike Share	

$	

-
-
- 3,059.00
-
-
-
-
-
-
-
-
-
-		

$	

291.67
416.67
500.00
496.00
425.00
16.67
1,500.00
2,083.33
208.33
833.33
83.33
1,250.00
16.67
416.67		

$	

(291.67)
(416.67)
(500.00)
2,563.00
(425.00)
(16.67)
(1,500.00)
(2,083.33)
(208.33)
(833.33)
(83.33)
(1,250.00)
(16.67)
(416.67)		

$	3,500.00
5,000.00
6,000.00
5,952.00
5,100.00
200.00
18,000.00
25,000.00
2,500.00
10,000.00
1,000.00
15,000.00
200.00
5,000.00	
Total Field Operations Expenses	$	3,059.00		$	8,537.67		$	(5,478.67)		$	102,452.00	

Total Expenses	
 $	12,175.50 		
 $		
22,811.08 		
 $		
(10,635.58)		
 $	273,732.00 	
Net Income (Loss)	$	(1,749.36)		$	-		$	(1,749.36)		$	1.00