Laurel Road Community Development District
3501 Quadrangle Boulevard, Suite 270, Orlando, FL 32817
Phone 407-723-5900; Fax 407-723-5901
https://laurelroadcdd.com/

The following is the agenda for the Board of Supervisors Meeting for the Laurel Road Community Development District scheduled to be held Wednesday, February 14, 2024, 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: 2536 634 0209
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]
Consent Agenda
Minutes of the January 10, 2024, Board of Supervisors’ Meeting
Bay Area Bobcat Berm/Clean-up & Grading
Florida Premier Turf – Sod
Empire Horticultural Services – Parking Lot Landscape
Mike Armstrong Landscaping Change Orders #3, 4, & 5 – Vistera
Maverick Building Solutions – Golf Cart Parking Shades
Grau & Associates FY 2023 Audit Engagement Letter
Funding Requests Nos. 133 – 135
Payment Authorizations Nos. 030 – 032
Series 2021 Requisitions Nos. 122 – 134
District Financial Statements

Business Matters
Consideration of Decorative Paver Concepts Proposal for Model Parking Pavers
Consideration of Mike Armstrong Landscaping Change Order #6 - Vistera
Other Business Staff Reports
District Counsel District Engineer District Manager
Supervisor Requests and Comments Adjournment

Laurel Road Community Development District

Consent Agenda

Laurel Road Community Development District

Minutes of the January 10, 2024, Board of Supervisors’ Meeting

MINUTES OF MEETING

LAUREL ROAD COMMUNITY DEVELOPMENT DISTRICT BOARD OF SUPERVISORS MEETING
Wednesday, January 10, 2024, at 12:30 p.m. 5800 Lakewood Ranch Blvd,
Sarasota, FL 34240

Board Members present at roll call:

Pete Williams John Leinaweaver John Blakley Janice Snow
Dale Weidemiller	Chairperson
Vice Chairperson Assistant Secretary Assistant Secretary Assistant Secretary	
(via phone)	
Also present at roll call via s	peakerphone or in-person:		
Venessa Ripoll Jorge Jimenez Amanda Lane Tom Panaseny Jim Schier
Bobbi Claybrooke John McKay
Andy Richardson	PFM Group Consulting LLC - District Manager PFM Group Consulting LLC - ADM
PFM Group Consulting LLC - District Accountant Neal Communities – Developer
Neal Communities – Developer District Engineer
J.H. McKay, LLC
Neal Communities	(via phone)

(via phone) (via phone)

(via phone)	

FIRST ORDER OF BUSINESS	Administrative Matters

Roll Call

The Board of Supervisors’ Meeting for Laurel Road CDD was called to order at 12:30 p.m. Those in attendance are outlined above either in person or via speakerphone.

Public Comment Period

There were no public comments.

Consent Agenda

1 | P age 

Minutes of the December 13, 2023, Board of Supervisors’ Meeting
Floridian Environmental Landscape – Wetland Clearing Prep
GeoPoint Surveying – Misc. Survey Staking
Bay Area Bobcat Proposal – Re Cut Lots 198 – 223
Bay Area Bobcat Proposal – Sign Reinstall
Funding Request No. 132
Payment Authorizations Nos. 027 – 029
Series 2021 Requisitions Nos. 112 – 121
District Financial Statements

ON MOTION by Mr. Weidemiller, seconded by Mr. Williams, with all in favor, the Board approved the constant agenda items 1-9.

SECOND ORDER OF BUSINESS	Business Matters

Consideration of Floridian Environmental Landscape Proposal for Wetland Plantings

ON MOTION by Mr. Weidemiller, seconded by Ms. Snow, with all in favor the Board approved the Floridian Environmental Landscape Proposal for Wetland Plantings.

Consideration of Mike Armstrong Change Order #2 for Vistera

ON MOTION by Mr. Weidemiller, seconded by Ms. Snow, with all in favor the Board approved the Mike Armstrong Change Order #2 for Vistera.

2 | P age 

THIRD ORDER OF BUSINESS	Other Business

Staff Reports

District Counsel –	Not present.

District Engineer –	Ms. Claybrooke is working on providing a Certificate of Completion for Phase 1.

District Manager –	Mr. Jimenez stated that the next Board meeting is scheduled for February 14, 2024, at 12:30 p.m.

Audience	Comments	and	Supervisor Requests

There were no requests at this time.

FOURTH ORDER OF BUSINESS	Adjournment

There were no other questions or comments.

ON MOTION by Mr. Blakley, seconded by Mr. Weidemiller, with all in favor, the January 10, 2024, Board of Supervisors’ Meeting for the Laurel Road Community Development District was adjourned at 12:35 p.m.

Secretary / Assistant Secretary	Chairperson / Vice Chairperson

3 | P age 

Laurel Road Community Development District

Bay Area Bobcat Berm/Clean-up & Grading

ESTIMATE

VISCDDP! - Earthwork

Bay Area Bobcat	Estimate #	61

12402 Lago Way
Riverview, Florida 33579
Phone: (813) 927-2204
Email: JohnnyW2285@yahoo.com

Date	01/15/2024

Description	Total

Berm/Clean-up & Grading	$2,250.00
Site Location: Vistera Development - Laurel Rd. Venice, FL.

Site Work: Area #1- Clean up any trash and scalp grass oﬀ dirt berm. Put trash in dumpster if available.
Re-grade and rake out dirt berm once trash & grass are removed. Berm is located on the Northwest side of the roundabout.

Area#2- Smooth out any dirt piles and grade around large brick paver parking. Also grade along paved road for future sidewalk.
Pick up any trash around parking area and put in dumpster if available.
Grade and rake out the area in preparation for sod.

Subtotal	$2,250.00
Total	$2,250.00

Page 1 of 2

By signing this document, the customer agrees to the services and conditions outlined in this document.

Page 2 of 2

Laurel Road Community Development District

Florida Premier Turf - Sod

DATE:
TO:

1/18/24
Laurel Road CDD

Office:	941-328-1140

Email:

arichardson@nealland.com

+0# /".&:Vistera of Venice
TERMS: 1. Sod price quoted is to supply, install, and roll sod when applicable upo
2. Bid does not include any fertilization, grading, soil preparations, warranty, maintenance and/or
*3. This proposal does not meet FDOT Performance Turf requirements. Initial fertilization provid
Contractor is responsible for all quantities installed, rounded to the nearest full pallet.
We are not responsible for ruts, septic tanks, driveways, sidewalks, underground pipes, and/or
Payment must be received within 30 days of installation
MOT Services not provided, contractor must provide.
Contractor needs to include waste factor
Due to market variables prices are subject to change, (ex: fuel surcharge)
Note if accessibility issues are found an additonal $100 per pallet will be charged

Installation Costs :

**** NOTE THIS IS BASED ON 65 FOOT

BAHIA EST SF

25,000 SF****

WIDE LOTS

BAHIA COST PER SF	.26 SF
TOTAL COST	$6500
*PLEASE NOTE THIS QUOTE IS BASED ON CURRENT MARKET PROJECTIONS AND IS SUBJECT TO MARKET FLUCUTATION

*Quote is valid if contract is awarded within 90 days from proposal date. After 90 days, unit pricing is not guaranteed and subject to change based

VISCDDP1 - Landscaping

Sincerely,

Brian H. Turner
Brian H Turner MBR/MGR
Florida Premier Turf Farms, LLC

Proposal Acceptance:

Signature

Print Name

Date

Laurel Road Community Development District

Empire Horticultural Services – Parking Lot Landscape

Empire Horticultural Services	Estimate

VISCDDP1 - Landscaping

5317 Fruitville Rd #227
Sarasota, FL 34232 US (941) 365-0038
jaclyn@empirehs.org

Laurel Road CDD
3501 Quadrangle Blvd., Suite 270
Orlando, FL 32817

ADDRESS

Vistera - Lot 389 Parking Lot
309 Vistera Boulevard Irrigation & Landscape Install Estimate

SHIP TO

ESTIMATE #	DATE		
3973	09/20/2023		

DATE	ACTIVITY	QTY	RATE	AMOUNT	
09/20/2023	Services
Shady Lady Black Olive 3" Cal 12'-14' OA	1	525.00	525.00	
	Services
Eagleston Holly 3" Cal 10'-12' OA	1	525.00	525.00	
	Services
Alexander Palm B&B 14'-16' OA	7	450.00	3,150.00	
	Services
Cabbage Palm 10'-16' CT Stg Hts	6	245.00	1,470.00	
	Services
Carissa Emerald Blanket #3	23	10.00	230.00	
	Services
Mammy Croton #7	6	48.00	288.00	
	Services
Firefly Firebush #3	30	10.00	300.00	
	Services
Downey Jasmine #7	22	48.00	1,056.00	
	Services
Adagio Grass #3	6	12.00	72.00	
	Services
Simpson Stopper #7	12	48.00	576.00	
	Services
Variegated Confederate Jasmine #3	16	10.00	160.00	
	Services
Fakahatchee Grass #3	25	9.00	225.00	
	Services
Pink Muhley Grass #3	5	9.00	45.00	
	Services
Cocoa brown mulch 3" deep in all beds (installed per yard)	13.25	55.00	728.75	
	Services
Comand Compost 3" deep in all beds (installed per yard)	13.25	85.00	1,126.25	

DATE	ACTIVITY	QTY	RATE	AMOUNT	
	Irrigation Installation
Irrigation Installation- 4 zone system installed (***note- any additional zones needed would be billed at $500.00 per zone)	1	2,000.00	2,000.00	
Upon acceptance please sign and fax back! 941-377-6100	TOTAL	$12,477.00

Accepted By	Accepted Date

Laurel Road Community Development District

Mike Armstrong Landscaping COs #3, 4, & 5 – Vistera

CHANGE ORDER VISTERA

MIKE ARMSTRONG LANDSCAPING  INC.	
8475 69TH ST. E.	CHANGE ORDER #3	
	
Palmetto, FL. 34221			

1	Office 941-776-1076
Fax 941-776-2705
Proposed to:
Laurel Rd. COD
350I Quadrangle Blvd Orlando, Fl, 328 I7	Project:
Plan Rev:
<
CO Date: County: Contact:	VISTERA
12-15-23
01-08-24
Sarasota
Andy Richardson		

Project: Vistera-Purchase Order#00063

Delete	
KEY	I	I	Common Name I	Spec	I QTY I Unit Price I	Totals	

Total deleted: $	-	
	
ADD	
!common Name	I	I	Spec	I QTY I Unit Price I	Totals	

SOIL, GRADING, & ADDITIONAL LABOR ADDITIONAL ALLOWANCE		
1	$  20,000.00  $	20,000.00	
BROOKSTONE ( ADDITIONAL NEEDED)	CY	15	$	1,750.00  $	26,250.00	
		Total Add: $	46,250.00	
	
I		TOTAL- CHANGE ORDER $	46,250.00	

Acceptance of Proposal:
Laurel Road CDD

Representative:	 ---'=------Title  c//

,r 

Date	/)	1.'//J.

Page 1

CHANGE ORDER -AMENITY AREA

MIKE ARMSTRONG LANDSCAPING INC.	
8475 69TH ST. E.	CHANGE ORDER #4	
	
Palmetto, FL. 34221			

>	Office 941-776-1076 Fax941-776-2705
Proposed to:
Laurel Road CDD 3501 Quadrangle Blvd	

<	Project: Plan Rev: Bid Date: County:
Contact:	VISTERA
12/15/23
01119/24
Sarasota
Andy Richardson		
Orlando, FL 32817		

VISCDDP1 - LANDSCAPING

Project:

Delete	
KEY I	I	Common	Spec	I QTY I Unit Price I	Totals	

Hunter ICV-G		

8	$	375.00	

$	3,000.00	
				0	$	-	$	-	
				0	$	-	$	-	
				0	$	-	$	-	
				0	$	-	$	-	
				
Total deleted:	$	3,000.00	
	
ADD	
!common Name	I	I	Spec	I QTY I Unit Price  I	Totals	
				
$	-		
		Hunter ICV-101-G		16	$	350.00	$	5,600.00	
		Hunter EZ-Decoder		8	$	225.00	$	1,800.00	
				0	$	-	$	-	
				0	$	-	$	-	
				
Total Add:	$	7,400.00	
	
I				TOTAL - CHANGE ORDER	$	4,400.00	

Acceptance of Prop s Neal Communities
Representative:_ 	,.--=,- -----'=-----='-------Title   U.,,4  r 
Michael I. Armstrong:	Date	 Mike Armstrong Landscaping, Inc.	

Page 1

CHANGE ORDER -AMENITY AREA

MIKE ARMSTRONG LANDSCAPING INC.	
8475 69TH ST. E.	CHANGE ORDER #5	
	
Palmetto, FL. 34221			
Office 941-776-1076	Project:
Plan Rev:
<
Bid Date:
County: Contact:	VIS TERA
12/15/23
01/19/24
Sarasota
Andy Richardson		
Fax 941-776-2705				
t
Proposed to:				
Laurel Road CDD				
350I Quadrangle Blvd				
Orlando, FL 32817			

VISCDDP1 - LANDSCAPING

Project:

Delete	
KEY	I	I	Common		Spec		I QTY I Unit Price  I	Totals	

$	-	$	-	
$	-	$	-	
$	-	$	-	
$	-	$	-	
Total deleted: $	-	
	
ADD	
lcommon Name	I		I	Spec		I QTY  I Unit Price  I	Totals	
Additional irrigation for sod coverage at entry to Amenity
Hunter Pro 6 PRS 30CV MVP Hunter PGP Rotors
Hunter ICV 201G Hunter ICV151G Hunter EZ Decoder Hunter Pro 6 CVR Excavate Mainline/Tap	

24	$	1,400.00	
	200	$	14,975.00	
	11	$	-	$	3,725.00	
	1	$	-	$	475.00	
	12	$	2,100.00	
	6	$	350.00	
	9	$	1,100.00	
	Total Add: $	24,125.00	
	
I					TOTAL - CHANGE ORDER $	24,125.00	

Acceptance of Prop osal:
Neal Communities
Representative:_   _-,:	Title C IJJI-i tf	Date / /	;})  JJ ._J
Michael I. Armstrong:	.Date	 _ Mike Armstrong Landscaping, Inc.	

Page 1

Laurel Road Community Development District

Maverick Building Solutions – Golf Car Parking Shades

VISTERA GOLF CART PARKING
Neal Land
Maverick Building Solutions
Phone-205-704-9412
Email-Phillip@maverickbuildingsolutions.com

https://maverickbuildingsolutions.com/

2

GOLF CART PARKING 15' x 15' x 8' H CANTIBRELLA

3

VISTERA ESTIMATE
Golf Cart Parking Shade Structures

Estimate Total (USO)
$20,838.00

BILL TO

VISCDDP1 - Model Access

Neal Land
Andy Richardson
941-328-1140
arichardson@nealland.com

!Estimate Number: 169
Estimate Date: January 26, 2024
Valid Until: February 25, 2024

ITIEMS	QUANTITY	PRICE	AMOU T

Gollf Cart Parking Shade structure
15' x 15'x8H Square Cantibrella Shade structure

Permitting fees
Covers all engineering stamping, and permitting fees associated with project for city/municipality.

2	$7,019.00	$14,038.00

$1,100.00	$1,100.00

Installation
Covers full Turnkey installation of both Shelter structures. Including all materials and i2 Hilti Epoxy Mounted columns and footers as well as Quick Easy
Turnbuckle Systems.
Fabric Color to selection choice.
2- 3500psi (7yds) 5ft x 5ft 28'' deep footers and #6 rebar matts.

$5,700.00

$5,700.00

Subtotal:	$20,838.00

fotal:	$20,838.00

Estimate Total (USD)c	$20,838.00

Laurel Road Community Development District

Grau & Associates
FY 2023 Audit Engagement Letter

November 17, 2023

To Board of Supervisors
Laurel Road Community Development District 3501 Quadrangle Blvd., Ste. 270
Orlando, FL 32817

951 Yamato Road ▪ Suite 280 Boca Raton, Florida 33431
(561) 994-9299 ▪ (800) 299-4728
Fax (561) 994-5823
www.graucpa.com

We are pleased to confirm our understanding of the services we are to provide Laurel Road Community Development District, City of Venice, Florida (“the District”) for the fiscal year ended September 30, 2023, with the option of two (2) additional one-year renewals. We will audit the financial statements of the governmental activities and each major fund (general. debt service, capital projects, and special revenue funds), including the related notes to the financial statements, which collectively comprise the basic financial statements of Laurel Road Community Development District as of and for the fiscal year ended September 30, 2023, with the option of two (2) additional one-year renewals. In addition, we will examine the District’s compliance with the requirements of Section 218.415 Florida Statutes.
Accounting principles generally accepted in the United States of America provide for certain required supplementary information (RSI), such as management’s discussion and analysis (MD&A), to supplement the District’s basic financial statements. Such information, although not a part of the basic financial statements, is required by the Governmental Accounting Standards Board who considers it to be an essential part of financial reporting for placing the basic financial statements in an appropriate operational, economic, or historical context. As part of our engagement, we will apply certain limited procedures to the District’s RSI in accordance with auditing standards generally accepted in the United States of America. These limited procedures will consist of inquiries of management regarding the methods of preparing the information and comparing the information for consistency with management’s responses to our inquiries, the basic financial statements, and other knowledge we obtained during our audit of the basic financial statements. We will not express an opinion or provide any assurance on the information because the limited procedures do not provide us with sufficient evidence to express an opinion or provide any assurance.
The following RSI is required by generally accepted accounting principles and will be subjected to certain limited procedures, but will not be audited:
Management’s Discussion and Analysis
Budgetary comparison schedule
The following other information accompanying the financial statements will not be subjected to the auditing procedures applied in our audit of the financial statements, and our auditor’s report will not provide an opinion or any assurance on that information:
Compliance with FL Statute 218.39 (3) (c)
Audit Objectives
The objective of our audit is the expression of opinions as to whether your financial statements are fairly presented, in all material respects, in conformity with U.S. generally accepted accounting principles and to report on the fairness of the supplementary information referred to in the second paragraph when considered in relation to the financial statements as a whole. Our audit will be conducted in accordance with auditing standards generally accepted in the United States of America and the standards for financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States, and will include tests of the accounting records of the District and other procedures we consider necessary to enable us to express such opinions. We will issue a written report upon completion of our audit of the District’s financial statements. We cannot provide assurance that an unmodified opinion will be expressed. Circumstances may arise in which it is necessary for us to modify our opinion or add emphasis-of-matter or other-matter paragraphs. If our opinion on the financial statements is other than unmodified, we will discuss the reasons with you in advance. If, for any reason, we are unable to complete the audit or are unable to form or have not formed an opinion, we may decline to express an opinion or issue a report, or may withdraw from this engagement.
We will also provide a report (that does not include an opinion) on internal control related to the financial statements and compliance with the provisions of laws, regulations, contracts, and grant agreements, noncompliance with which could have a material effect on the financial statements as required by Government Auditing Standards. The report on internal control and on compliance and other matters will include a paragraph that states (1) that the purpose of the report is solely to describe the scope of testing of internal control and compliance, and the results of that testing, and not to provide an opinion on the effectiveness of the District’s internal control on compliance, and (2) that the report is an integral part of an audit performed in accordance with Government Auditing Standards in considering the District’s internal control and compliance. The paragraph will also state that the report is not suitable for any other purpose. If during our audit we become aware that the District is subject to an audit requirement that is not encompassed in the terms of this engagement, we will communicate to management and those charged with governance that an audit in accordance with U.S. generally accepted auditing standards and the standards for financial audits contained in Government Auditing Standards may not satisfy the relevant legal, regulatory, or contractual requirements.

Laurel Road Community Development District	2

Examination Objective
The objective of our examination is the expression of an opinion as to whether the District is in compliance with Florida Statute
218.415 in accordance with Rule 10.556(10) of the Auditor General of the State of Florida. Our examination will be conducted in accordance with attestation standards established by the American Institute of Certified Public Accountants and will include tests of your records and other procedures we consider necessary to enable us to express such an opinion. We will issue a written report upon completion of our examination of the District’s compliance. The report will include a statement that the report is intended solely for the information and use of management, those charged with governance, and the Florida Auditor General, and is not intended to be and should not be used by anyone other than these specified parties. We cannot provide assurance that an unmodified opinion will be expressed. Circumstances may arise in which it is necessary for us to modify our opinion or add emphasis-of-matter or other-matter paragraphs. If our opinion on the District’s compliance is other than unmodified, we will discuss the reasons with you in advance. If, for any reason, we are unable to complete the examination or are unable to form or have not formed an opinion, we may decline to express an opinion or issue a report, or may withdraw from this engagement.
Other Services
We will assist in preparing the financial statements and related notes of the District in conformity with U.S. generally accepted accounting principles based on information provided by you. These nonaudit services do not constitute an audit under Government Auditing Standards and such services will not be conducted in accordance with Government Auditing Standards. The other services are limited to the financial statement services previously defined. We, in our sole professional judgment, reserve the right to refuse to perform any procedure or take any action that could be construed as assuming management responsibilities.
Management Responsibilities
Management is responsible for compliance with Florida Statute 218.415 and will provide us with the information required for the examination. The accuracy and completeness of such information is also management’s responsibility. You agree to assume all management responsibilities relating to the financial statements and related notes and any other nonaudit services we provide. You will be required to acknowledge in the management representation letter our assistance with preparation of the financial statements and related notes and that you have reviewed and approved the financial statements and related notes prior to their issuance and have accepted responsibility for them. In addition, you will be required to make certain representations regarding compliance with Florida Statute 218.415 in the management representation letter. Further, you agree to oversee the nonaudit services by designating an individual, preferably from senior management, who possesses suitable skill, knowledge, or experience; evaluate the adequacy and results of those services; and accept responsibility for them.
Management is responsible for designing, implementing and maintaining effective internal controls, including evaluating and monitoring ongoing activities, to help ensure that appropriate goals and objectives are met; following laws and regulations; and ensuring that management and financial information is reliable and properly reported. Management is also responsible for implementing systems designed to achieve compliance with applicable laws, regulations, contracts, and grant agreements. You are also responsible for the selection and application of accounting principles, for the preparation and fair presentation of the financial statements and all accompanying information in conformity with U.S. generally accepted accounting principles, and for compliance with applicable laws and regulations and the provisions of contracts and grant agreements.
Management is also responsible for making all financial records and related information available to us and for the accuracy and completeness of that information. You are also responsible for providing us with (1) access to all information of which you are aware that is relevant to the preparation and fair presentation of the financial statements, (2) additional information that we may request for the purpose of the audit, and (3) unrestricted access to persons within the government from whom we determine it necessary to obtain audit evidence.
Your responsibilities include adjusting the financial statements to correct material misstatements and for confirming to us in the written representation letter that the effects of any uncorrected misstatements aggregated by us during the current engagement and pertaining to the latest period presented are immaterial, both individually and in the aggregate, to the financial statements taken as a whole.
You are responsible for the design and implementation of programs and controls to prevent and detect fraud, and for informing us about all known or suspected fraud affecting the government involving (1) management, (2) employees who have significant roles in internal control, and (3) others where the fraud could have a material effect on the financial statements. Your responsibilities include informing us of your knowledge of any allegations of fraud or suspected fraud affecting the government received in communications from employees, former employees, grantors, regulators, or others. In addition, you are responsible for identifying and ensuring that the government complies with applicable laws, regulations, contracts, agreements, and grants and for taking timely and appropriate steps to remedy fraud and noncompliance with provisions of laws, regulations, contracts or grant agreements, or abuse that we report.
Management is responsible for establishing and maintaining a process for tracking the status of audit findings and recommendations. Management is also responsible for identifying and providing report copies of previous financial audits, attestation engagements, performance audits or other studies related to the objectives discussed in the Audit Objectives section of this letter. The District will provide a statement describing corrective actions to be taken in response to each of our recommendations included in the audit report, if any, and relaying to us corrective actions taken to address significant findings and recommendations resulting from those audits, attestation engagements, performance audits, or other studies. You are also responsible for providing management’s views on our current findings, conclusions, and recommendations, as well as your planned corrective actions, for the report, and for the timing and format for providing that information.

Laurel Road Community Development District	3

With regard to the electronic dissemination of audited financial statements, including financial statements published electronically on your website, you understand that electronic sites are a means to distribute information and, therefore, we are not required to read the information contained in these sites or to consider the consistency of other information in the electronic site with the original document.
Audit Procedures—General
An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements; therefore, our audit will involve judgment about the number of transactions to be examined and the areas to be tested. An audit also includes evaluating the appropriateness of accounting policies used and the reasonableness of significant accounting estimates made by management, as well as evaluating the overall presentation of the financial statements. We will plan and perform the audit to obtain reasonable rather than absolute assurance about whether the financial statements are free of material misstatement, whether from (1) errors, (2) fraudulent financial reporting, (3) misappropriation of assets, or (4) violations of laws or governmental regulations that are attributable to the government or to acts by management or employees acting on behalf of the government. Because the determination of abuse is subjective, Government Auditing Standards do not expect auditors to provide reasonable assurance of detecting abuse.
Because of the inherent limitations of an audit, combined with the inherent limitations of internal control, and because we will not perform a detailed examination of all transactions, there is a risk that material misstatements may exist and not be detected by us, even though the audit is properly planned and performed in accordance with U.S. generally accepted auditing standards and Government Auditing Standards. In addition, an audit is not designed to detect immaterial misstatements or violations of laws or governmental regulations that do not have a direct and material effect on the financial statements. Our responsibility as auditors is limited to the period covered by our audit and does not extend to later periods for which we are not engaged as auditors.
Our procedures will include tests of documentary evidence supporting the transactions recorded in the accounts and may include tests of the physical existence of inventories, and direct confirmation of receivables and certain other assets and liabilities by correspondence with selected individuals, funding sources, creditors, and financial institutions. We will request written representations from your attorneys as part of the engagement, and they may bill you for responding to this inquiry. At the conclusion of our audit, we will require certain written representations from you about your responsibilities for the financial statements; compliance with laws, regulations, contracts, and grant agreements; and other responsibilities required by generally accepted auditing standards.
Audit Procedures—Internal Control
Our audit will include obtaining an understanding of the government and its environment, including internal control, sufficient to assess the risks of material misstatement of the financial statements and to design the nature, timing, and extent of further audit procedures. Tests of controls may be performed to test the effectiveness of certain controls that we consider relevant to preventing and detecting errors and fraud that are material to the financial statements and to preventing and detecting misstatements resulting from illegal acts and other noncompliance matters that have a direct and material effect on the financial statements. Our tests, if performed, will be less in scope than would be necessary to render an opinion on internal control and, accordingly, no opinion will be expressed in our report on internal control issued pursuant to Government Auditing Standards.
An audit is not designed to provide assurance on internal control or to identify significant deficiencies or material weaknesses. However, during the audit, we will communicate to management and those charged with governance internal control related matters that are required to be communicated under AICPA professional standards and Government Auditing Standards.
Audit Procedures—Compliance
As part of obtaining reasonable assurance about whether the financial statements are free of material misstatement, we will perform tests of the District’s compliance with the provisions of applicable laws, regulations, contracts, agreements, and grants. However, the objective of our audit will not be to provide an opinion on overall compliance and we will not express such an opinion in our report on compliance issued pursuant to Government Auditing Standards.
Engagement Administration, Fees, and Other
We understand that your employees will prepare all confirmations we request and will locate any documents selected by us for testing.
The audit documentation for this engagement is the property of Grau & Associates and constitutes confidential information. However, subject to applicable laws and regulations, audit documentation and appropriate individuals will be made available upon request and in a timely manner to a cognizant or oversight agency or its designee, a federal agency providing direct or indirect funding, or the U.S. Government Accountability Office for purposes of a quality review of the audit, to resolve audit findings, or to carry out oversight responsibilities. We will notify you of any such request. If requested, access to such audit documentation will be provided under the supervision of Grau & Associates personnel. Furthermore, upon request, we may provide copies of selected audit documentation to the aforementioned parties. These parties may intend, or decide, to distribute the copies or information contained therein to others, including other governmental agencies. Notwithstanding the foregoing, the parties acknowledge that various documents reviewed or produced during the conduct of the audit may be public records under Florida law. The District agrees to notify Grau & Associates of any public record request it receives that involves audit documentation.
The auditor agrees and understands that Chapter 119, Florida Statutes, may be applicable to documents prepared in connection with the services provided hereunder and agrees to cooperate with public record requests made thereunder. In connection with

Laurel Road Community Development District	4

this Agreement, the auditor agrees to comply with all provisions of Florida’s public records laws, including but not limited to Section 119.0701, Florida Statutes, the terms of which are incorporated herein. Among other requirements, the auditor must:

Keep and maintain public records required by the District to perform the service.
Upon request from the District’s custodian of public records, provide the District with a copy of the requested records or allow the records to be inspected or copied within a reasonable time at a cost that does not exceed the cost provided in Chapter 119, Florida Statutes or as otherwise provided by law.
Ensure that public records that are exempt or confidential and exempt from public records disclosure requirements are not disclosed except as authorized by law for the duration of the contract term and following completion of the Agreement if the auditor does not transfer the records to the District.
Upon completion of this Agreement, transfer, at no cost, to the District all public records in possession of the auditor or keep and maintain public records required by the District to perform the service. If the auditor transfers all public records to the District upon completion of this Agreement, the auditor shall destroy any duplicate public records that are exempt or confidential and exempt from public records disclosure requirements. If the auditor keeps and maintains public records upon completion of the Agreement, the auditor shall meet all applicable requirements for retaining public records. All records stored electronically must be provided to the District, upon request from the District’s custodian of public records, in a format that is compatible with the information technology systems of the District.

IF THE AUDITOR HAS QUESTIONS REGARDING THE APPLICATION OF CHAPTER 119, FLORIDA STATUTES, TO THE AUDITOR’S DUTY TO PROVIDE PUBLIC RECORDS RELATING TO THIS AGREEMENT, CONTACT THE CUSTODIAN OF PUBLIC RECORDS AT PFM GROUP CONSULTING LLC., 3501 QUADRANGLE BLVD., STE 270, ORLANDO, FL 32817, 407- 723-5900, RECORDREQUEST@PFM.COM.
This agreement provides for a contract period of one (1) year with the option of two (2) additional, one-year renewals upon the written consent of both parties. Our fee for these services will not exceed $5,500 for the September 30, 2023. The fees for the fiscal years 2024 and 2025 will not exceed $5,600 and $5,700, respectively, unless there is a change in activity by the District which results in additional audit work or if Bonds are issued.
We will complete the audit within prescribed statutory deadlines, with the understanding that your employees will provide information needed to perform the audit on a timely basis. We acknowledge that the District must submit its annual Audit to the Auditor General no later than nine (9) months after the end of the audited fiscal year. Accordingly, we will deliver a draft audit to the District no later than May 1, 2024. All accounting records (including, but not limited to, trial balances, general ledger detail, vendor files, bank and trust statements, minutes, and confirmations) for the fiscal year ended September 30, 2023 must be provided to us no later than January 15, 2024, in order for us to deliver a draft audit to the District no later than May 1, 2024. If the draft is timely reviewed by management, the final audit will be provided no later than June 1, 2024.
The audit documentation for this engagement will be retained for a minimum of five years after the report release date. If we are aware that a federal awarding agency or auditee is contesting an audit finding, we will contact the party(ies) contesting the audit finding for guidance prior to destroying the audit documentation.

Our invoices for these fees will be rendered each month as work progresses and are payable on presentation. Invoices will be submitted in sufficient detail to demonstrate compliance with the terms of this agreement. In accordance with our firm policies, work may be suspended if your account becomes 60 days or more overdue and may not be resumed until your account is paid in full. If we elect to terminate our services for nonpayment, our engagement will be deemed to have been completed upon written notification of termination, even if we have not completed our report. You will be obligated to compensate us for all time expended and to reimburse us for all out-of-pocket costs through the date of termination. The above fee is based on anticipated cooperation from your personnel and the assumption that unexpected circumstances will not be encountered during the audit. If significant additional time is necessary, we will discuss it with you and arrive at a new fee estimate.

This agreement may be renewed each year thereafter subject to the mutual agreement by both parties to all terms and fees. The fee for each annual renewal will be agreed upon separately.

The District has the option to terminate this agreement with or without cause by providing thirty (30) days written notice of termination to Grau & Associates. Upon any termination of this agreement, Grau & Associates shall be entitled to payment of all work and/or services rendered up until the effective termination of this agreement, subject to whatever claims or off-sets the District may have against Grau & Associates.
We will provide you with a copy of our most recent external peer review report and any letter of comment, and any subsequent peer review reports and letters of comment received during the period of the contract. Our 2023 peer review report accompanies this letter.

Laurel Road Community Development District	5
We appreciate the opportunity to be of service to Laurel Road Community Development District and believe this letter accurately summarizes the terms of our engagement. If you have any questions, please let us know. If you agree with the terms of our engagement as described in this letter, please sign the enclosed copy and return it to us. This letter, with any addendum if applicable, constitutes the complete and exclusive statement of the agreement between Grau & Associates and the District with respect to the terms of the engagement between the parties.
Very truly yours, Grau & Associates

Antonio J. Grau

RESPONSE:
This letter correctly sets forth the understanding of Laurel Road Community Development District.

By: 	 Title: 	 Date: 	

Laurel Road Community Development District	6

•

Floridalnstiwte of Certified Public Accountants
FICPA Peer Review Program Administered in Florida
bv The Florida Institute of CPAs

,-.	AICPA:	Peer Review

Program

AICPA Peer Review Program Administered in Florida
by the Florida Institute of CPAs

March 17, 2023

Antonio Grau Grau & Associates
951 Yamato Rd Ste 280
Boca Raton, FL 33431-1809 Dear Antonio Grau:
It is my pleasure to notify you that on March 16, 2023, the Florida Peer Review Committee accepted the
report on the most recent System Review of your firm. The due date for your next review is December 31, 2025. This is the date by which all review documents should be completed and submitted to the administering entity.
As you know, the report had a peer review rating of pass. The Committee asked me to convey its congratulations to the firm.
Thank you for your cooperation.

Sincerely,

Peer Review Team
FICPA Peer Review Committee 850.224.2727, x5957
cc: Daniel Hevia, Racquel McIntosh
Firm Number: 900004390114	Review Number: 594791

119 S Monroe Street, Suite 121 I Tallahassee, FL 32301I 850.224.2727, in Florida I www.ficpa.org

Laurel Road Community Development District

Funding Requests No. 133 – 135

LAUREL ROAD COMMUNITY DEVELOPMENT DISTRICT

Funding Requests Nos. 133 - 135

FR #	Description	Amount	Total	
				
133	Forsberg Construction	$	22,125.42		
		$	584,451.82		
				
			$606,577.24	
				
134	Driggers Engineering Services	$	5,158.00		
				
	Securiteam	$	62,307.37		
				
			$67,465.37	
				
135	LRK	$	3,757.27		
				
	Maverick Building Solutions	$	15,702.00		
				
	Xylem Water Solutions	$	88,355.00		
				
			$107,814.27	
				
		Total	$781,856.88	

		LAUREL ROAD		
C O M M U N I T Y	D E V E L O P M E N T	D I S T R I C T	

Funding Request No. 133				
1/12/2024				
Item	Vendor	Invoice	
No.		Number	

Construction Fund

1	Forsberg Construction
Vistera of Venice - Phase 1 Pay Application 30 Through 12/31/2023	$	22,125.42
Vistera of Venice - Phase 1 Pay Application 31 Through 12/31/2023	$	584,451.82

TOTAL	$	606,577.24

Secretary / Assistant Secretary	Board Member

Laurel Road CDD
c/o PFM Group Consulting 3501 Quadrangle Blvd. Ste. 270
Orlando, FL 32817
LaneA@pfm.com // (407) 723-5925
By Amanda Lane at 11:51 am, Jan 16, 2024

LAUREL ROAD
COMMUNITY	DEVELOPMENT	DISTRICT

Board Member

RECEIVED
By Amanda Lane at 6:55 pm, Jan 19, 2024

Funding Request No. 134

1/19/2024		
Item
No.	Vendor	Invoice
Number	Construction
Fund	

1	
Driggers Engineering Services			
	Vistera Phase 1 Materials Testing Through 12/31/2023	SAL16561	$	5,158.00	
2	Securiteam			
	Vistera Amenity Center Down Payment	17806	$	62,307.37	
		
TOTAL	
$	67,465.37	

Secretary I AssistntSecretary

Laurel Road COD
c/o PFM Group Consulting
3501 Quadrangle Blvd. Ste. 270
Orlando, FL 32817
LaneA@pfm.com II (407) 723-5925

LAUREL ROAD
C O M M U N I T Y	D E V E L O P M E N T	D I S T R I C T

Funding Request No. 135
1/26/2024

te

Vend	nvo c

Constructio

No	Number	Fund

LRK
Vistera Amenity Services Through 12/31/2023	04.21020 00-13

$	3,757.27

Maverick Building Solutions
Vistera Mailboxes	160	$	15,702.00
Xylem Water Solutions
Equipment Delivery	3556D00704	$	88,355.00
TOTAL	$	107,814.27

cret	Secre

Secretary / Assistant Secretary	Board Member

Laurel Road CDD
c/o PFM Group Consulting
3501 Quadrangle Blvd. Ste. 270
Orlando, FL 32817
LaneA@pfm.com // (407) 723-5925
By Amanda Lane at 12:43 pm, Jan 29, 2024

Laurel Road Community Development District

Payment Authorizations Nos. 030 – 032

LAUREL ROAD COMMUNITY DEVELOPMENT DISTRICT
Payment Authorizations Nos. 030 - 032

PA #	Description	Amount	Total	
				
30	Clean Sweep Parking Lot Maintenance	$	760.00		
				
	FPL	$	1,959.45		
				
	PFM Group Consulting	$	1.26		
				
	U.S. Bank	$	3,538.54		
		$	707.71		
				
	Vogler Ashton	$	1,813.50		
				
			$8,780.46	
				
31	Advanced Aquatic Services	$	1,745.00		
				
	FPL	$	85.91		
				
	Gannett Florida LocaliQ	$	170.50		
				
	PFM Group Consulting	$	4,400.00		
				
	Supervisor Fees - 01/10/2024 Meeting			
	Dale Weidemiller	$	200.00		
	John Blakley	$	200.00		
	Pete Williams	$	200.00		
	Janice Snow	$	200.00		
	John Leinaweaver	$	200.00		
				
			$7,401.41	

32	VGlobalTech	$	300.00		
		$	150.00		
				
			$450.00	
				
		Total	$16,631.87	

LAUREL ROAD
C O M M U N I T Y	D E V E L O P M E N T	D I S T R I C T

Payment Authorization No. 030
1/5/2024
Ite	Vendor	Inv ice	Genera
No.	Number	Fund

Clean Sweep Parking Lot Maintenance
December Vistera Power Sweeping Services	53557	760 00

FPL
Streets Lights: Service 11/28/2023 - 12/28/2023

PFM Group Consulting
November Postage

Acct: 89605-84509	1,959.45
OE-EXP-12-2023-14	$	1.26

U.S. Bank
Series 2021A1,2 Trustee Services 12/01/2023 - 09/30/2024	7169207 Series 2021A1,2 Trustee Services 10/01/2024 - 11/30/2024	7169207

$  3,538.54
$	707.7

Vogler Ashton
General Counsel Through 11/30/2023

104

$  1,813.50

TOTAL	$  8,780.46

r

Secretary / Assistant Secretary	Board Member

Laurel Road CDD
c/o PFM Group Consulting 3501 Quadrangle Blvd. Ste. 270
Orlando, FL 32817
LaneA@pfm.com // (407) 723-5925
By Amanda Lane at 9:52 am, Jan 10, 2024

LAUREL ROAD
C O M M U N I T Y	D E V E L O P M E N T	D I S T R I C T

Payment Authorization No. 031
1/12/2024
Ite	Vendor	Inv ice	Genera
No.	Number	Fund

Advanced Aquatic Services
January Lake Maintenance	10552220	1,745.00

FPL
98 Corserra Dr #LS (12/01/2023 - 12/21/2023)	Acct: 14488-57530

$	85.9

Gannett Florida LocaliQ
Legal Advertising on 12/06/2023 (Ad: 9574239)

6134138

$	170.50

PFM Group Consulting
January District Management Fees

DM-01-2024-27	4,400.00

Supervisor Fees - 01/10/2024 Meeting
Dale Weidemiller	$	200.00
John Blakley	$	200.00
Pete Williams	$	200.00
Janice Snow	$	200.00
John Leinaweaver	$	200.00

TOTAL	$  7,401.41

Secretary / Assistant Secretary	Board Member

Laurel Road CDD
c/o PFM Group Consulting 3501 Quadrangle Blvd. Ste. 270
Orlando, FL 32817
LaneA@pfm.com // (407) 723-5925
By Amanda Lane at 11:51 am, Jan 16, 2024

LAUREL ROAD
COMMUNITY	DEVELOPMENT	DISTRICT

Payment Authorization No. 032

1/19/2024

Item
No.	Vendor	Invoice
Number	General
Fund	

1	
VGlobalTech
Q4 ADA Audit	

5728	

$	300.00	
	January Website Maintenance	5816	$	150.00	
		
TOTAL	
$	450.00	

Secretary I Assistant Secretary	Board Member

Laurel Road COD
c/o PFM Group Consulting
3501 Quadrangle Blvd. Ste. 270

RECEIVED
By Amanda Lane at 6:55 pm, Jan 19, 2024

Orlando, FL 32817
LaneA@pfm.com II (407) 723-5925

Laurel Road Community Development District

Series 2021 Requisition 122 – 134

Laurel Road CDD Series 2021
Summary of Requisition(s): 122-126

Requisition	Payable To	Amount 	Special Instructions	Submit Payment

122	

Bay Area Bobcat	

$	

1,800.00	Please wire the funds per
the instructions on page(s) 5 of the .pdf file and reference invoice(s) 91 with the wire.	

Via wire	

123	

Driggers Engineering Services	

$	

414.50	Please reference invoice(s) SAL16534 on the payment.	
Driggers Engineering Services Inc. PO Box 17839
Clearwater, FL 33762	

124	

LRK	

$	

3,044.32	Please wire the funds per
the instructions on page 14 of the .pdf file and reference invoice(s) 00-
12 and 01-10 with the
wire.	

Via wire	

125	

Onsight Industries	

$	

29,197.50	Please wire the funds per
the instructions on page 20 of the .pdf file and reference invoice(s) 317596, 338071 with the wire.	

Via wire	

126	

Stantec Consulting Services	

$	

73,280.00	Please wire the funds per
the instructions on page 26 of the .pdf file and reference invoice(s) 2171842 with the wire.	

Via wire	

Total	$	107,736.32

Laurel Road CDD Series 2021
Summary of Requisition(s): 127

Requisition	Payable To	Amount 	Special Instructions	Submit Payment

127	

Onsight Industries	

$	

2,200.00	Please wire the funds per
the instructions on page 5 of the .pdf file and reference invoice(s) 40533 with the wire.	

Via wire	

Total	$	2,200.00

Laurel Road CDD Series 2021
Summary of Requisition(s): 128-130

Requisition	Payable To	Amount 	Special Instructions	Submit Payment

128	

AM Engineering	

$	

6,589.10	Please reference invoice(s) 54339 on the payment.	AM Engineering, LLC 8340 Consumer Court
Sarasota, FL 34240	

129	

Bay Area Bobcat	

$	

600.00	Please wire the funds per the instructions on page(s) 9 of the .pdf file and reference invoice(s) 94 with the wire.	

Via wire	

130	

Xylem Dewatering Solutions	

$	

85,830.20	

Please overnight the payment and reference invoice(s) 401303062 on the payment.	Please overnight the payment via FedEx to:
JP Morgan Chase
ATTN: Xylem Inc Box 26717 131 S Dearborn 6th Floor Chicago, IL 60603
FedEx Account Number –
308966313	

Total	$	93,019.30

Laurel Road CDD Series 2021
Summary of Requisition(s): 131-132

Requisition	Payable To	Amount 	Special Instructions	Submit Payment

131	

Bay Area Bobcat	

$	

4,500.00	Please wire the funds per the instructions on page(s) 5 of the .pdf file and reference invoice(s) 95 and 96 with the wire.	

Via wire	

132	

Laurel Road CDD	

$	

85.91	
Please reference requisition(s) 132 on the payment.	Laurel Road CDD
c/o PFM Group Consulting, LLC 3501 Quadrangle Blvd. Ste. 270
Orlando, FL 32817-8329	

Total	$	4,585.91

Laurel Road CDD Series 2021
Summary of Requisition(s): 133-134

Requisition	Payable To	Amount 	Special Instructions	Submit Payment

133	

Laurel Road CDD	

$	

41.01	Please reference requisition(s) 133 on the payment.	Laurel Road CDD
c/o PFM Group Consulting, LLC 3501 Quadrangle Blvd. Ste. 270
Orlando, FL 32817-8329	

134	

LRK	

$	

2,137.50	Please wire the funds per
the instructions on page 10 of the .pdf file.	
Via wire	

Total	$	2,178.51

Laurel Road Community Development District

District Financial Statements

Laurel Road CDD
Statement of Financial Position As of 12/31/2023

General Fund	Debt Service Fund		Capital Projects Fund	
	
Assets			

$839,105.70				
50,522.18				
4,200.00				
	$48,017.52			
	515,891.87			
	326,971.87			
	164,843.75			
	100,316.00			
	0.05			
	4,769.42			
	666,211.42			
			$260,753.77	
			210,679.70	
$893,827.88	$1,827,021.90		$471,433.47	
$0.00	$0.00		$0.00	
$893,827.88	$1,827,021.90		$471,433.47	

Long-Term Debt	Total	

$0.00	

$839,105.70 50,522.18
4,200.00
48,017.52
515,891.87
326,971.87
164,843.75
100,316.00
0.05
4,769.42
666,211.42
260,753.77
210,679.70
$3,192,283.25	

$1,263,112.51 19,916,887.49
$21,180,000.00

$21,180,000.00	
$1,263,112.51 19,916,887.49
$21,180,000.00

$24,372,283.25	

Current Assets
General Checking Account Assessments Receivable Deposits
Assessments Receivable Due From Other Funds
Series 2021A1 Debt Service Reserve Series 2021A2 Debt Service Reserve Series 2021A Revenue
Series 2021A2 Interest Series 2021A1 Prepayment Series 2021A2 Prepayment
Accounts Receivable - Due from Developer 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

$21,180,000.00
$21,180,000.00

$21,180,000.00		

$522,370.12 25,000.00
50,522.18
48,017.52
370,690.09
590,049.39
260,753.77
$1,867,403.07

$21,180,000.00
$21,180,000.00

$23,047,403.07	

$0.00

$21,180,000.00		

($0.05) 14,979.39
280,956.24
719,470.34
1,059,534.04
(689,509.54)
(60,550.24)

$1,324,880.18

$24,372,283.25	

Statement of Financial Position As of 12/31/2023

General Fund

Debt Service	Capital Projects Fund		Fund

Liabilities and Net Assets

Current Liabilities Accounts Payable Due to Developer Deferred Revenue Deferred Revenue Accounts Payable Retainage Payable Deferred Revenue
Total Current Liabilities

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

Total Liabilities

Net Assets
Net Assets, Unrestricted
Net Assets - General Government
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

25,000.00
50,522.18

$597,892.30		

$48,017.52

$48,017.52		

$370,690.09 590,049.39
260,753.77
$1,221,493.25	
$0.00		$0.00		$0.00	
$597,892.30		$48,017.52		$1,221,493.25	

($0.05) 14,979.39
280,956.24

$295,935.58		

$719,470.34 1,059,534.04

$1,779,004.38		

($689,509.54)
(60,550.24)

($750,059.78)	
					
$893,827.88		$1,827,021.90		$471,433.47	

$522,370.12

Page 2 of 2

Laurel Road CDD Statement of Activities As of 12/31/2023	

General Fund	Debt Service Fund	Capital Projects Fund	Long-Term Debt	
Total	
Revenues
On-Roll Assessments Off-Roll Assessments On-Roll Assessments Other Assessments Developer Contributions
Other Income & Other Financing Sources
Total Revenues	

$292,119.01 27,364.32

$319,483.33	

$605,704.79 990,836.95

$1,596,541.74	

$58,900.22 447,000.00

$505,900.22	

$0.00	

$292,119.01 27,364.32
605,704.79
990,836.95
58,900.22
447,000.00

$2,421,925.29	
Expenses
Supervisor Fees
Public Officials' Liability Insurance Trustee Services
Management Disclosure
Assessment Administration Postage & Shipping
Legal Advertising
Web Site Maintenance Dues, Licenses, and Fees General Insurance
Lake Maintenance Street Sweeping Streetlights
Series 2021 A2 Principal Payments Series 2021 A1 Interest Payments Series 2021 A2 Interest Payments Engineering
Contingency
Total Expenses	

$3,000.00 2,604.00
721.86
13,200.00
250.00
5,500.00
0.63
1,271.00
450.00
175.00
3,182.00
5,235.00
1,710.00
3,853.50

$41,152.99	

$185,000.00 205,256.26
153,359.38

$543,615.64	

$3,020.72 565,880.55

$568,901.27	

$0.00	

$3,000.00 2,604.00
721.86
13,200.00
250.00
5,500.00
0.63
1,271.00
450.00
175.00
3,182.00
5,235.00
1,710.00
3,853.50
185,000.00
205,256.26
153,359.38
3,020.72
565,880.55

$1,153,669.90	

Page 1 of 2

Laurel Road CDD Statement of Activities As of 12/31/2023	

General Fund		Debt Service Fund		Capital Projects Fund		Long-Term Debt		
Total	
Other Revenues (Expenses) & Gains (Losses)
Interest Income Dividend Income Dividend Income
Total Other Revenues (Expenses) & Gains (Losses)	

$2,625.90

$2,625.90		

$6,607.94

$6,607.94		

$2,450.81

$2,450.81		

$0.00		

$2,625.90 6,607.94
2,450.81

$11,684.65	
Change In Net Assets	$280,956.24		$1,059,534.04		($60,550.24)		$0.00		$1,279,940.04	
Net Assets At Beginning Of Year	$14,979.34		$719,470.34		($689,509.54)		$0.00		$44,940.14	

Net Assets At End Of Year	
$295,935.58		
$1,779,004.38		
($750,059.78)		
$0.00		
$1,324,880.18	

Page 2 of 2

Laurel Road CDD
Budget to Actual

Variance	FY 2024
Adopted Budget	

$

$

$

$	

213,299.79
13,681.72
226,981.51

- 1,854.00
(278.14)
- (3,750.00)
- (6,250.00)
4,125.00
(31.25)
(1,625.00)
(125.00)
(50.00)
(124.37)
(729.00)
(150.00)
(132.50)
(300.00)
131.25
(5,000.00)
(5,000.00)
(2,500.00)
(19,935.01)	

$

$

$

$	

315,276.88
54,730.39
370,007.27

12,000.00
3,000.00
4,000.00
52,800.00
15,000.00
1,000.00
25,000.00
5,500.00
125.00
6,500.00
500.00
200.00
500.00
8,000.00
600.00
530.00
3,000.00
175.00
20,000.00
20,000.00
10,000.00
188,430.00	

$

$	
(875.00)
(1,250.00)
(1,500.00)
1,694.00
(1,275.00)
(50.00)
735.00
(6,250.00)
(625.00)
(2,500.00)
(250.00)
(2,040.00)
(50.00)
(4,896.50)
(625.00)
(19,757.50)	
$

$	
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
35,000.00
2,500.00
134,952.00	

For the Month Ending 12/31/2023

Revenues
On-Roll Assessments Off-Roll Assessments
Net Revenues
General & Administrative Expenses
Supervisor Fees
Public Officials' Liability Insurance Trustee Services
Management Engineering Disclosure District Counsel
Assessment Administration Reamortization Schedules Audit
Arbitrage Calculation Telephone
Postage & Shipping Legal Advertising Miscellaneous Office Supplies
Web Site Maintenance Dues, Licenses, and Fees Maintenance Staff Lifestyle Staff
Resident Services
Total General & Administrative Expenses

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
Streetlights - Leasing Bike Share
Total Field Operations Expenses

$	292,119.01
27,364.32		$	78,819.22
13,682.60	
$	319,483.33		$	92,501.82	

$	
3,000.00		
$	3,000.00	
	2,604.00		750.00	
	721.86		1,000.00	
	13,200.00		13,200.00	
	-		3,750.00	
	250.00		250.00	
	-		6,250.00	
	5,500.00		1,375.00	
	-		31.25	
	-		1,625.00	
	-		125.00	
	-		50.00	
	0.63		125.00	
	1,271.00		2,000.00	
	-		150.00	
	-		132.50	
	450.00		750.00	
	175.00		43.75	
	-		5,000.00	
	-		5,000.00	
	-		2,500.00	
$	27,172.49		$	47,107.50	

$	
-		
$	875.00	
	-		1,250.00	
	-		1,500.00	
	3,182.00		1,488.00	
	-		1,275.00	
	-		50.00	
	5,235.00		4,500.00	
	-		6,250.00	
	-		625.00	
	-		2,500.00	
	-		250.00	
	1,710.00		3,750.00	
	-		50.00	
	3,853.50		8,750.00	
	-		625.00	
$	13,980.50		$	33,738.00	

Actual

Year To Date Budget

Page 1 of 2

Laurel Road CDD	
Budget to Actual	
For the Month Ending 12/31/2023	
Year To Date	
		
Actual			
Budget		
Variance	FY 2024
Adopted Budget	

Vistera - Amenity Expenses											
Clubhouse Electric	$	-		$	937.50		$	(937.50)	$	3,750.00	
Clubhouse Water		-			1,250.00		(1,250.00)			5,000.00	
Amenity - Telephone		-			15.63		(15.63)			62.50	
Amenity - Cable TV / Internet / Wi-Fi		-			812.50		(812.50)			3,250.00	
Amenity - Landscape Maintenance		-			3,125.00		(3,125.00)	12,500.00	
Amenity - Irrigation Repairs		-			1,250.00		(1,250.00)			5,000.00	
Amenity - Pool Maintenance		-			675.00		(675.00)			2,700.00	
Amenity - Exterior Cleaning		-			937.50		(937.50)			3,750.00	
Amenity - Interior Cleaning		-			1,250.00		(1,250.00)			5,000.00	
Amenity - Pest Control		-			62.50		(62.50)			250.00	
Amenity - Fitness Equipment Leasing		-			596.25		(596.25)			2,385.00	
Amenity - Security		-			650.69		(650.69)			2,602.77	
Amenity - Pool Equipment		-			93.75		(93.75)			375.00	
Total Vistera - Amenity Expenses	$	-		$	11,656.32		$	(11,656.32)	$	46,625.27	
Total Expenses	 $	41,152.99 		 $		92,501.82 		 $	(51,348.83)	 $	370,007.27 	
Other Revenues (Expenses) & Gains (Losses)											
Interest Income	$	2,625.90	$	-		$	2,625.90		$	-	
Total Other Revenues (Expenses) & Gains (Losses)	$	2,625.90	
$	-		$	2,625.90		$	-	
Net Income (Loss)	$	280,956.24	
$	-		$	280,956.24		$	-	

Page 2 of 2

Laurel Road Community Development District

Decorative Paver Concepts Proposal for Model Parking Pavers

Estimate

Date	10/11/2023
4654 SR 64 E #130, Bradenton, FL 34208	Estimate #	5996
Ph: (941)720-3430 Email: bwilson@mailmt.com

Name / Address

Neal Communites
5800 Lakewood Ranch Blvd Sarasota, FL 34240

P.O. #
Terms	Net 15

Due Date	10/26/2023

VISCDDP1 - MOD ACCESS

	Description	Qty	Rate	Total		
						
SUPPLY / INSTALL 4" CRUSHED CONCRETE BASE (OPTIONAL) SUPPLY / INSTALL PARKING LOT PAVERS
PARKING LOT STRIPING, CAR STOPS AND SIGNAGE

*** VISTERA MODEL PARKING

*** MANUFACTURE: TREMRON
*** COLOR: DRIFTWOOD
*** SHAPE: OLD TOWNE 2-PC
*** PATTERN: T-PATTERN
*** BORDER: 6X9 (DRIFTWOOD)	7,377
7,377
1	1.50
4.50
6,500.00	11,065.50
33,196.50
6,500.00	

IF YOU HAVE ANY QUESTIONS ABOUT THIS ESTIMATE PLEASE CALL BRIAN WILSON @ (941)720-3430

Subtotal	$50,762.00	
Sales Tax (0.0%)	$0.00	
Total	$50,762.00	

Laurel Road Community Development District

Mike Armstrong Landscaping CO #6 - Vistera

CHANGE ORDER VISTERA

MIKE ARMSTRONG LANDSCAPING INC.	
8475 69TH ST. E.	CHANGE ORDER #6	
	
Palmetto, FL. 34221			
Office 941-776-1076	Project: Plan Rev: CO Date: County: Contact:	VISTERA
01-18-24
01-23-24
Sarasota
Andy Richardson		
Fax 941-776-2705				
Proposed to:				
Laurel Rd. CDD				
3501 Quadrangle Blvd				
Orlando, Fl, 32817				

VISCDDP1 - Landscaping

	Project: Vistera	

Delete	
KEY	COMMON NAME		Spec	QTY	Unit Price	Totals	

CG	

Clusia Gutfera		

3 gal	

46	

$	(22.00) $	

(1,012.00)	
PO	Platanus Occidentalis		12’ oah., 3” Cal	13	$	(650.00) $	(8,450.00)	
PS	Philodendron sellom		3 gal	2	$	(14.00) $	(28.00)	
				0	$	-	$	-	
					Total deleted: $	(9,490.00)	
	
ADD	
	Common Name		Spec	QTY	Unit Price	Totals	

ARS	Red Maple
BBS	Bucida Buceras 'Shady Lady'
BNS	Bismark Palm
CAA	Callicarpa Americana
CES-2	Silver Butonwood
CES 7GAL Silver butonwood
CG-2	Clusia Gutfera
CLE	Clerodendrum Quadriloculare
CMB	Carissa Macrocarpa 'Boxwood Beauty'
COS	Silver Butonwood
FM	Ficus Macrocarpa ‘Green Island’
GG	Galphimia Gracilis
ICC	Burfordii Holly
IX	Ixora Red Taiwan Dwarf'nora Grant'
JM	Jasminum Multforum
LD	Livistonia Decora
LJT	LIGUSTRUM JAPONICUM TREE FORM	
3” CAL	
5	
$	700.00  $	
3,500.00	
	3” CAL	1	$	700.00  $	700.00	
	24’ oah	2	$	2,500.00  $	5,000.00	
	3 GAL	38	$	12.00  $	456.00	
	15 Gal 4’ oah	110	$	175.00  $	19,250.00	
	7 GAL	61	$	60.00  $	3,660.00	
	7 GAL	158	$	60.00  $	9,480.00	
	6’ OAH	4	$	450.00  $	1,800.00	
	3 GAL	55	$	12.50  $	687.50	
	10’-11’ oah mult	14	$	750.00  $	10,500.00	
	3 GAL	95	$	12.00  $	1,140.00	
	3 GAL	150	$	12.00  $	1,800.00	
	3 GAL	256	$	14.00  $	3,584.00	
	3 GAL	220	$	12.00  $	2,640.00	
	3 GAL	200	$	12.00  $	2,400.00	
	14’-18’ oah	12	$	950.00  $	11,400.00	
	8’x8’ ht	11	$	450.00  $	4,950.00	

Page 1

CHANGE ORDER VISTERA

PE	Pinus Ellioti 'Densa'	12’ ht 3” Cal	225	$	350.00  $	78,750.00	
SPB	Spartna Bakerii	3 gal	1140	$	14.00  $	15,960.00	
SRS	Serenoa Repens Cinerea	15 gal	139	$	175.00  $	24,325.00	
TD	Taxodium Distchum	10’ oah., 3” Cal	27	$	550.00  $	14,850.00	
VAW	Viburnum Awabuki	7 gal	58	$	45.00  $	2,610.00	
VOB	Viburnum Obovatum	7 gal	8	$	40.00  $	320.00	
ZP	Coonte	3 gal	40	$	30.00  $	1,200.00	
QV	Live Oak	12’ Ht 3” Cal	4	$	700.00  $	2,800.00	
	Cocoa Brown Mulch	CBY	375	$	85.00  $	31,875.00	
	ST. Augustne Sod	SF	86871	$	0.57  $	49,516.47	
	irrigaton	LS	1	$ 65,000.00  $	65,000.00	
	Brookstone	CBY	53.78	$	1,750.00 $	94,115.00	
	Contngency for:	LS	1	$ 35,000.00  $	35,000.00	
	Hand watering, water truck, sod removal, spraying, misc labor, grading				
	additonal materials needed.		Total Add: $	499,268.97	
	
	TOTAL – CHANGE ORDER $	489,778.97	

Acceptance of Proposal:
Neal Communities
Representative:	Title	Date	

Page 2