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 of the Laurel Road Community Development District scheduled to be held Wednesday, June 10, 2026, at 12:30
P.M. at 5800 Lakewood Ranch Blvd, Sarasota, FL 34240.
Dial-In:	1-844-621-3956	Access Code:	2536 634 0209
https://pfmcdd.webex.com/join/carvalhov

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 May 13, 2026, Board of Supervisors’ Meeting
C&M Road Builders Purchase Requisition for Atlantic TNG Sales Order
Voltaire Proposal for E-Bike Maintenance
Payment Authorization Nos. 143 – 147
Funding Request Nos. 210 – 212
District Financial Statements

Business Matters
Update on the Laurel Widening Project
Other Business Staff Reports
District Counsel
District Engineer
District Manager
Next meeting: July 8, 2026
Field Services Operation Manager
Lifestyle Director
Supervisor Requests and Comments Adjournment

Consent Agenda

Minutes of the May 13, 2026, Board of Supervisors’ Meeting

MINUTES OF MEETING

LAUREL ROAD COMMUNITY DEVELOPMENT DISTRICT BOARD OF SUPERVISORS’ MEETING
Wednesday, May 13, 2026, at 12:30 p.m.
5800 Lakewood Ranch Blvd, Sarasota, FL 34240

Board Members present:			
Pete Williams	Chairperson		
Janice Snow	Vice Chairperson		
John Blakley	Assistant Secretary		
Dale Weidemiller	Assistant Secretary		
John Leinaweaver	Assistant Secretary		
Also present:			
Vivian Carvalho	PFM MS – District Manager		
Kwame Jackson	PFM MS – ADM	(via phone)	
Amanda Lane	PFM MS – District Accountant	(via phone)	
Kevin Plenzler	PFM MS	(via phone)	
Kim Ashton	Vogler Ashton – District Counsel	(via phone)	
Tom Panaseny	Neal Land & Neighborhoods – Developer	(via phone)	
John Wollard	Neal Land & Neighborhoods – Developer		
John McKay	J.H. McKay, LLC – Consultant		
Bobbi Claybrooke	AM Engineering – District Engineer	(via phone)	
Andy Richardson	Neal Land & Neighborhoods – Developer	(via phone)	
Sydney Pollock	WTS – Lifestyle Director	(via phone)	
Kendall Bulleit	MBS	(via phone)	

FIRST ORDER OF BUSINESS		Administrative Matters Roll Call
The Board of Supervisors’ Meeting for Laurel Road CDD was called to order at 12:35 p.m. Those in attendance are outlined above either in person or via speakerphone.

Public Comment Period

There were no members of the public present.

Consent Agenda Items #1 – 13

Minutes of the April 8, 2026, Board of Supervisors’ Meeting
C&M Road Builders Proposal for Phase 2 DPO Material
C&M Road Builders Proposal for Phase 2 Lift Station Pumps
Cornerstone Proposal for Phase 2 Stormwater Pollution Prevention Plan
Impact Proposal for Hong Kong Orchid Tree Replacement
Impact Proposal for Model Row Tree Replacements
Kimley-Horn	Agreement	for Mitigation Monitoring
Purchase	and	Sale	Agreement with Milestone Supply, LLC
Safetouch Proposal for Amenity Door Strike Replacement
Safetouch	Proposal	for	Kiosk Relocation
Payment Authorization Nos. 140 –
143
Funding Request Nos. 206 – 209
District Financial Statements
The Board reviewed the consent agenda items.

ON MOTION by Mr. Weidemiller, seconded by Mr. Williams, with all in favor, the Board approved the Consent Agenda items 1 - 13.

SECOND ORDER OF BUSINESS	Consideration	of	Resolution	2026-02,
Approving a Preliminary Budget for Fiscal Year 2027, and Setting a Public Hearing Date

Ms. Carvalho noted the recommended date to hold the Public Hearing is August 12, 2026, at 12:30 p.m., at the current location.

Ms. Carvalho gave an overview of the Resolution and noted it has been reviewed by the Development Team and District Staff.

Ms. Lane noted the net revenue of the preliminary budget is $1,189,127.91. This is an increase and the residents will receive notice.

The Board reviewed the budget. Ms. Snow noted there are areas where the budget can be reduced.

Ms. Snow noted that a full-time employee and two part-time employees are included within the budget.

Mr. Williams recommended reviewing the District Counsel line item and gave a brief overview of the assessment roll process.

The Board reviewed the proposed assessments.

Ms. Lane noted there was an adjustment of $3.50 in the net income. The net revenue budget was adjusted to $1,189,124.41.

There was brief discussion regarding the assessment increase and communication with residents.

ON MOTION by Mr. Williams, seconded by Mr. Weidemiller, with all in favor, the Board approved Resolution 2026-02, Approving a Preliminary Budget for Fiscal Year 2027, and Setting a Public Hearing Date for August 12, 2026, at 12:30 p.m., in the Training Room, with a net revenue budget of $1,189124.41.

Review of Letter from Supervisor of Elections, Sarasota County

Ms. Carvalho noted that as of April 15, 2026, there are 310 registered voters within the District.

ON MOTION by Mr. Williams, seconded by Mr. Leinaweaver, with all in favor, the Board accepted the Letter from the Supervisor of Elections, Sarasota County.

Consideration of Resolution 2026-03, Designating Board Member Seats for the 2026 General Election

Ms. Carvalho noted the District has met the threshold to have Seats run in the General Election. Seat 1, currently held by Mr. Weidemiller, Seat 3, currently held by Mr. Blakley, and Seat 5, currently held by Mr. Leianweaver, are all up for the General Election.

There was brief discussion regarding what Seats will run for General Election. Seat 1 will run in the Landowner’s Election.

ON MOTION by Mr. Williams, seconded by Mr. Leinaweaver, with all in favor, the Board approved Resolution 2026-03, Designating Board Member Seats 3 and 5, for the 2026 General Election.

Ms. Carvalho gave an overview of the General Election process. It was noted the Seats will rollover if no one runs. The Board will have 90 days from the General Election to appoint a registered voter to the Board.

Consideration of Resolution 2026-04, Designating a Date, Time and Location for the 2026 Landowner’s Meeting

Ms. Carvalho noted that Seat 1 will run in the Landowner’s Meeting. This Seat has a four year term. The date of the Landowner’s Meeting will be November 18, 2026.

ON MOTION by Mr. Weidemiller, seconded by Ms. Snow, with all in favor, the Board approved Resolution 2026-04, Designating a Date, Time, and Location for the 2026 Landowner’s Meeting, with a date of November 18, 2026, at the current location.

There was brief discussion regarding the number of registered voters.

Consideration	of	Supplemental Engineer’s Report

Mr. Panaseny noted this is regarding the completion of Phase 2.

Mr. Williams noted there are 190 units within Phase 2 and the public infrastructure is totaled at
$10,964,948.05. It was noted there was a typo on the related Series of bonds. Ms. Bulleit noted Ms. Claybrooke will be making the adjustments noted.

ON MOTION by Mr. Weidemiller, seconded by Mr. Williams, with all in favor, the Board approved the Supplemental Engineer’s Report, with the noted amendments.

Consideration	of	Supplemental Assessment Methodology Report

Mr. Plenzler gave an overview of the report. It was noted this is related to the Series 2026 bonds and the assessments will be allocated according to the adopted methodology.

ON MOTION by Mr. Williams, seconded by Mr. Leinaweaver, with all in favor, the Board approved the Supplemental Assessment Methodology Report.

Consideration	of	Resolution	2026-05, Bond Delegation Award Resolution

Ms. Ashton gave an overview of the Resolution. This is related to a second Supplemental Bond Indenture with a not to exceed of $6 million and is within the parameters of the Supplemental Engineers Report and Supplemental Assessment Methodology Report.

ON MOTION by Mr. Williams, seconded by Mr. Leinaweaver, with all in favor, the Board approved Resolution 2026-05, Bond Delegation Award Resolution.

Review and Acceptance of FY 2025 Audit Report

Ms. Carvalho gave an overview of the auditing process and report. Once approved, the report is filed with Auditing General and posted on the District’s website.

ON MOTION by Mr. Williams, seconded by Ms. Snow, with all in favor, the Board accepted the FY 2025 Audit Report.

THIRD ORDER OF BUSINESS	Other Business	

District Counsel –

District Engineer –	
No report. Not present.	Staff Reports	

District Manager –	Ms. Carvalho noted the next Board meeting is scheduled for June 10, 2026, at 12:30 p.m.

Field Services Operation Manager – Not present.

Lifestyle Director – No report.

Audience	Comments	and	Supervisor Requests

Mr. Weidemiller noted he is resigning from the consultant agreement, and Mr. Wollard will be taking over as the consultant. He noted there are several items that need review.

There were no further comments or requests at this time.

FOURTH ORDER OF BUSINESS	Adjournment

There was no further business to discuss.

ON MOTION by Mr. Williams, seconded by Mr. Weidemiller, with all in favor, the Board of Supervisors’ Meeting for the Laurel Road Community Development District adjourned the meeting at 1:07 p.m.

Secretary / Assistant Secretary	Chairperson / Vice Chairperson

Laurel Road Community Development District

C&M Road Builders Purchase Requisition for Atlantic TNG Sales Order

DNA Partners, L.L.C dba C&M Road Builders

5/18/2026

	Vistera Phase 2		
Laurel Road CDD .P.O. #	VISCDDP2 #5	$	290,599.00		
Vendor Name:		Atlantic TNG		
Invoice #	Date	Amount	To Date Amount	Remaining	Tax Savings	
Sales Order	5/18/2026	$	290,599.00			Exempt	

						

						

						

						

						

						

						

						

						
		$	290,599.00			$	-	

Summary		
Original PO Amount	$	290,599.00	
PO Changes (+/-)		
Revised PO		
Less Previous Invoices	$	-	
Current Invoices	$	290,599.00	
		
Remaining PO Balance	$	(290,599.00)	

Contractor	DNA Partners, L.L.C dba C&M Road Builders	
Signature		

Engineer	Kimley Horn/AM Engineering	
Signature		

Owner	Laurel Road Community Development District	
Approval		

Notes: Confirming order only. Pay from invoice.

Attachment 1
Purchase Requisition Request Form

Contact Person for the Material Supplier.
NAME: 	Atlantic TNG Attn: Lori Griffith	         ADDRESS: 		PO Box 729, Sarasota, Florida 34230	        TELEPHONE NUMBER: 	941-355-2988		

Manufacturer or brand, model or specification number of the item.
	** See attached submittal package.	

Quantity needed as estimated by CONTRACTOR.  ** See attached quote	

The price quoted by the supplier for the construction materials identified above.
$ 290,599.00	

The sales tax associated with the price quote. $ 0	

Shipping and handling insurance cost. $  ** N/A	

Delivery dates as established by CONTRACTOR. 	
OWNER: Laurel Road Community Development District	

Authorized Signature (Title)	Date

CONTRACTOR: 	DNA Partners, L.L.C. dba C&M Road Builders	

Authorized Signature (Title)	Project Manager	Date: 5/18/26

Attachment 2 Purchase Order

SEE ATTACHED PURCHASE REQUISITION REQUEST FORM DATED  5/18/2026	
.

Lakewood Ranch Stewardship District State of Florida
Sales Tax Exemption Certificate Number: 	85-8018367937C-5	
.

Laurel Road Community Development District is the Purchaser of the construction materials purchased pursuant to this Purchase Order. Supplier shall provide for the required shipping and handling insurance cost for delivery of the construction materials by the delivery date specified in this Purchase Order.

OWNER:	Laurel Road Community Development District	

Authorized Signature (Title)	Date

CONTRACTOR:  DNA Partners, L.L.C. dba C&M Road Builders	 5/18/26	
Authorized Signature (Title) Project Manager	Date

Attachment 3 Certificate Of Entitlement
The undersigned authorized representative of Laurel Road Community Development District	
	  (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 from Atlantic TNG	 (Vendor) on or after
	5/18/26 (date) will be incorporated into or become a part of a public facility as part of a public works contract pursuant to contract # VISCDDP2 #5	 with  DNA Partners, L.L.C. dba C&M Road Builders (Name of Contractor) for the construction of 	Vistera Phase 2 in the City of Venice			
	.

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.

Governmental Entity will take title to the tangible personal property from the Vendor at the time of purchase or of delivery by the Vendor.

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.

Signature of Authorized Representative	Title

Purchaser's Name (Print or Type)	Date

Federal Employer Identification Number: 	

Telephone 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.

	SALES ORDER	
PO BOX 729
SARASOTA, FL 34230
(941) 355-2988
www.AtlanticTNG.com

DATE: BILL TO:
ATTN:

5/14/2026	REV 5/18/2026	PROJECT: VISTERA OF VENICE
LAUREL ROAD CDD	COUNTY: SARASOTA
C/O C&M
DAVID WEAVER 941-326-7571

QTY	DESCRIPTION	UNIT COST	AMOUNT	
SANITARY				
	48''Ø MANHOLES - 6" WALLS			
	COATED INSIDE WITH CS-55 (EXCEPT WHERE LINED) AND COATED OUTSIDE WITH CS-55
** INCLUDES THE FOLLOWING: ONE (1) SET OF LIFT PINS, SOG, Z-LOK CONNECTORS, A-LOK CONNECTORS,			
	(5) LUBRICANT **			
1	0'-6' # MH-23	1,923.00	$1,923.00	
4	6'-8'  # MH-22, MH-21, MH-13, MH-12	2,552.00	$10,208.00	
1	8'-10' # MH-11	2,901.00	$2,901.00	
4	10'-12'  # MH-09, MH-10, MH-08, MH-18	3,425.00	$13,700.00	
4	12'-14'  # MH-17, MH-07, MH-05, MH-06	4,089.00	$16,356.00	
2	14'-16' # MH-16, MH-26	4,485.00	$8,970.00	
5	16'-18'  # MH-03, MH-04, MH-20, MH-25, MH-19	5,025.00	$25,125.00	
2	18'-20' # MH-01, MH-02	6,248.00	$12,496.00	
3	PRECAST INVERT FOR 48"Ø SAN MANHOLE (MAX BASE HT 4')	325.00	$975.00	

1	RAVEN 405 LINER MH-01
INSIDE #

5,407.00	$5,407.00

23	USF	# 170-CE-ORS	449.00	$10,327.00	
23	HDPE INFLOW PROTECTORS (FOR ABOVE MANHOLES ONLY)	125.00	$2,875.00	
	48''Ø MANHOLES - 6" WALLS			
	COATED INSIDE WITH CS-55 (EXCEPT WHERE LINED) AND COATED OUTSIDE WITH CS-55
** INCLUDES THE FOLLOWING: ONE (1) SET OF LIFT PINS, SOG, Z-LOK CONNECTOR, 1 LUBRICANT **			

1	
18'-20'	
# MH-01A	
5,405.00	
$5,405.00	
1	USF	# 30" CAP1	1,658.00	$1,658.00	
60''Ø MANHOLES - 6" WALLS
COATED INSIDE WITH CS-55 (EXCEPT WHERE LINED) AND COATED OUTSIDE WITH CS-55
** INCLUDES THE FOLLOWING: ONE (1) SET OF LIFT PINS, SOG, Z-LOK CONNECTOR,
1 LUBRICANT **

3	0'-6'	# MH-15, MH-14, MH-24	1,618.00	$4,854.00	
3	USF	# 690-M	3,883.00	$11,649.00	
2	PRECAST INVERT FOR 60"Ø SAN MANHOLE (MAX BASE HT 5')	400.00	$800.00	
4	PALLET OF 2" PRECAST GRADE ADJUSTMENT RINGS (16 PER PALLET)	1,200.00	$4,800.00	
8	12" WIDE BOA TAPE EXTERNAL JOINT WRAP / 150' PER BOX	1,227.00	$9,816.00	
LIFT STATION	$300 CHARGE WILL APPLY IF AN ESCORT IS REQUIRED FOR LIFT STATION			
1	72''Ø LIFT STATION - 8" WALLS	16,400.00	$16,400.00	
COATED INSIDE AND COATED OUTSIDE WITH CS-55, XYPEX ADMIXTURE INSIDE
** INCLUDES THE FOLLOWING: 12" THICK BASE SLAB WITH 12" EXTENSIONS, CONNECTORS. **			
SHIPPING 24.53 VF OF BARREL SECTION.			
1	6" THICK TOP SLAB (HATCH BY CONTRACTOR)	853.00	$853.00	
PLEASE NOTE: WE ARE REQUIRED TO SHIP THIS STRUCTURE COMPLETE. IF THE HATCH HAS NOT BEEN RECEIVED BY COMPLETION OF THIS PROJECT, AN ADDED FEE OF $600 WILL BE APPLIED TO COVER THE COST OF SHIPPING THE LIFT STATION TOP SLAB.	
1	AGRU LINER INSIDE	15,331.00	$15,331.00	
1	12" WIDE BOA TAPE EXTERNAL JOINT WRAP / 150' PER BOX	1,227.00	$1,227.00	

 STORM	
9	3' X 4' VALLEY GUTTER INLET, 6" WALL, 8" TOP	#ST 300-A, ST-300B, ST 300-C, ST 300-E, ST 300-G, ST 400-C, ST 500-C, ST 700-A, ST 700-C	2,765.00	$24,885.00	
13	4' X 6' VALLEY GUTTER INLET, 6" WALL, 8" TOP	#ST 300-D, ST 300-F, ST 300-H, ST 400-A, ST 400-B, ST 400-D, ST 500-A, ST 500-B, ST 500-D, ST 700-B, ST 700-D, ST 800-A, ST 800-B	4,412.00	$57,356.00	
22	USF# 5106-6149	1,003.00	$22,066.00	
1	48''Ø MANHOLE TYPE P8, 5" WALL	#JB-01	1,887.00	$1,887.00	
1	USF# 170-H	349.00	$349.00	

 TOTAL	$290,599.00
LIFTING APPARATUSES ARE AVAILABLE UPON REQUEST, FOR AN ADDITIONAL CHARGE.
UNLESS SPECIFIED HEREIN, TESTING BY INDEPENDENT LABS IS NOT INCLUDED. IF REQUIRED, ADDITIONAL CHARGES WILL APPLY.
THANK YOU FOR THE OPPORTUNITY TO WORK WITH C&M ON THIS PROJECT.

MEGAN KITCHNER / EB
NOTES: 1) SALES ORDER MUST BE SIGNED AND RETURNED ALONG WITH NOTICE TO OWNER INFORMATION PRIOR TO FABRICATION. 2) PRICES DO NOT INCLUDE SALES TAX. 3) PRICES INCLUDE FREIGHT F.O.B. JOB SITE (IN FULL TRUCKLOAD QUANTITIES) UNLESS STATED OTHERWISE 4) BUYER RESPONSIBLE TO UNLOAD WHEN APPLICABLE. 5) EVERY EFFORT WILL BE MADE TO MEET SCHEDULED DATES, HOWEVER DELIVERY DATES ARE NOT GUARANTEED AND NOT SUBJECT TO BACKCHARGES. 6) PRICES CONTINGENT UPON APPROVAL OF SUBMITTAL DRAWINGS. 7) CONTRACT SUBJECT TO TERMS AND CONDITIONS OF ATLANTIC TNG, LLC.
8) FAILURE OF CONTRACTOR TO PAY ATLANTIC TNG TIMELY SHALL BE A DEFAULT AND ATLANTIC TNG, IN ADDITION TO OTHER REMEDIES, MAY UPON SEVEN (7) DAYS WRITTEN NOTICE STOP WORK PENDING PAYMENT. 9) NOTWITHSTANDING OTHER LANGUAGE IN ANY DOCUMENT, CONTRACTOR SHALL GIVE ATLANTIC TNG FIVE (5) DAYS WRITTEN NOTICE OF AND THE OPPORTUNITY PROMPTLY TO CURE ANY PROBLEM
WITH THE WORK THAT MAY BECOME THE SUBJECT OF A BACKCHARGE, OR SUCH BACKCHARGE SHALL BE WAIVED BY CONTRACTOR. 10) SUBJECT TO WARRANTIES, FINAL PAYMENT SHALL CONSTITUTE ACCEPTANCE OF THE WORK. 11) NOTWITHSTANDING OTHER LANGUAGE IN ANY DOCUMENT, PAYMENT TO CONTRACTOR BY OWNER IS NOT A CONDITION PRECEDENT TO CONTRACTOR’S PAYMENT TO ATLANTIC TNG. 12) IN NO EVENT SHALL THE CONTRACTOR REQUIRE ATLANTIC TNG TO PROVIDE AN UNCONDITIONAL WAIVER OR RELEASE OF CLAIM, EITHER PARTIAL OR FINAL, PRIOR TO RECEIVING PAYMENT OR IN AN AMOUNT IN EXCESS OF WHAT HAS BEEN PAID, AND ANY SUCH WAIVER OR RELEASE SHALL BE VOID. 13) ATLANTIC TNG CANNOT BE RESPONSIBLE FOR TYPOS OR OTHER ERRORS AND RESERVES THE RIGHT TO CANCEL ANY ORDERS ARISING FROM SUCH ERRORS.
PLEASE SIGN AND	CONFIRMING ORDER ONLY. RETURN		PAY FROM INVOICE.

SIGNATURE	TITLE	DATE
TERM: Net 30 days.
"We now accept all major credit cards ( * ) , checks by mail, and/or wire transfers at no charge."
* A 3% Credit Card fee will be added to transactions
If tax exempt, plesae attach owner's certificate and original blanket certificate to Sales Order.

II

0000020 02/27/26

.,,--.."\:lORIDA

J  Consumer's Certificate of Exemption I
Issued Pursuant to Chapter 212, Florida Statutes

DR-14
R. 10/25

85-8018367937C-5	04/30/2026	04/30/2031	MUNICIPAL GOVERNMENT

Certificate Number
This certifies that

Effective Date	Expiration Date	Exemption Category

LAUREL ROAD COMMUNITY DEVELOPMENT DISTRICT
3501 QUADRANGLE BLVD STE 270
ORLANDO FL 32817-8329

is exempt from the payment of Florida sales and use tax on transient rental property rented, tangible personal property purchased or rented, or services purchased.

Important Information for Exempt Organizations

II

DR-14
R. 10/25

FLORIDA

You must provide all vendors and suppliers with an exemption certificate before making tax-exempt purchases.
\	See Rule 12A-1.038, Florida Administrative Code (F.A.C.).
)
Your Consumer's Certificate of Exemption is to be used solely by your organization for your organization's customary nonprofit activities.

Purchases made by an individual on behalf of the organization are taxable, even if the individual will be reimbursed by the organization.

This exemption applies only to purchases made by your organization. The sale or lease to others of tangible personal property or sleeping accommodations is taxable. Your organization must register to collect and remit sales and use tax on such taxable transactions. Note: Churches are exempt from this requirement.

It is a criminal offense to fraudulently present this certificate to evade the payment of sales tax. Under no circumstances should this certificate be used for the personal benefit of any individual. Violators 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. Any violation will require the revocation of this certificate.

If you have questions about your exemption certificate, please call Taxpayer Services at 850-488-6800. The mailing address is PO Box 6480, Tallahassee, FL 32314-6480. For a written reply to tax questions, email Taxpayer Services at fdortaxpayerservices@floridarevenue.com.

Laurel Road Community Development District

Voltaire Proposal for E-Bike Maintenance

SERVICE CONTRACT QUOTE
Voltaire Cycles Sarasota LLC

Date:	May 8, 2026	
Prepared For:	Sydney Pollock	
Prepared By:	Ron O'Shea	

ONGOING E-BIKE SERVICE AGREEMENT

SERVICE DETAILS
$120 per bike for a complete tune-up service
Tune-ups are recommended twice yearly based on annual bike usage
Current fleet total: 4 bikes
Per Service Cycle Total: $480
Estimated Annual Service Total: $960

PICKUP & DELIVERY SERVICE ($25 Delivery/Pick up charge)
Bikes can be conveniently picked up by Voltaire driver(s) and transported to our service department
Standard turnaround time is approximately 2 business days for completion and return delivery
If a driver is available, bikes may also be picked up for flat repairs, brake adjustments, and minor/basic service repairs

SERVICE NOTES
Standard tune-up service may include:

Brake inspection & adjustment
Tire inspection & inflation
Drivetrain adjustment & lubrication
Bolt/safety inspection
Electrical systems check
General safety review

Additional parts and major repairs, if needed, would be quoted separately prior to completion.

Thank you again for the opportunity to support your fleet service needs. We appreciate your business and look forward to working with you.

Best regards,

Ron O'Shea - Co-Owner
Voltaire Cycles Sarasota LLC

LOCATIONS
Venice: 4199 S. Tamiami Trail, Venice FL 34293 Osprey: 15 S. Tamiami Trail, Osprey FL 34229 North Port: 4381 Aidan Lane, North Port FL 34288

Phone: 941-922-0384

Laurel Road Community Development District

Payment Authorization Nos. 143 – 147

LAUREL ROAD COMMUNITY DEVELOPMENT DISTRICT
Payment Authorizations Nos. 143 - 147

PA #	Description	Amount	Total	
				
140	Advanced Aquatic Services	$	1,888.00		
				
	Alsco Uniforms	$	75.83		
				
	Comcast Business	$	194.95		
				
	FPL	$	3,495.37		
				
	GreatAmerica Financial Services	$	369.16		
				
	Impact Landscaping & Irrigation	$	815.00		
				
	Jan-Pro Manasota	$	1,325.67		
				
	Peloton Interactive	$	528.00		
				
	Safetouch	$	2,034.55		
		$	1,538.46		
				
	S & G Pools	$	1,552.00		
				
	WTS International	$	2,162.00		
				
	Xfinity	$	112.80		
				
			$16,091.79	

144	Clean Sweep Parking Lot Maintenance	$	1,187.50		
				
	Doody Free 941	$	234.00		
				
	Impact Landscaping & Irrigation	$	15,334.67		
		$	1,986.00		

		$	3,535.41		
				
	J.B Edwards	$	91.00		
				
	NaturZone	$	210.00		
		$	625.00		
				
	Neal Land & Neighborhoods	$	3,375.00		
				
	TieTechnology	$	73.38		
				
	USA Today	$	158.75		
				
	Valley	$	2,004.69		
				
	Verizon Business	$	74.88		
				
	WTS International	$	346.50		
		$	2,395.22		
				
			$31,632.00	

145	Alsco Uniforms	$	75.83		
				
	AM Engineering	$	2,193.00		
				
	Comcast	$	2,944.06		
				
	Dale Weidemiller	$	4,485.00		
				
	Daystar Exterior Cleaning	$	1,530.00		
				
	PFM Management Services	$	4,625.00		
		$	1.48		
				
			$15,854.37	

146	City of Venice	$	2,083.88		
		$	7.28		
		$	19.42		
		$	232.80		
		$	13.49		
		$	151.26		
		$	677.48		
		$	214.56		
		$	3.80		
		$	3,250.33		
		$	1,196.49		
		$	400.94		
				
	Comcast	$	194.95		
				
	Florida Department of Health in Sarasota County	$	400.00		
				
	FPL	$	34.75		
		$	2,726.39		
		$	45.95		
		$	45.95		
				
	Navitas Credit Corp	$	2,465.17		
				
	Supervisor Fees - Dale Weidemiller	$	200.00		
	Supervisor Fees - John Blakely	$	200.00		
	Supervisor Fees - Pete Williams	$	200.00		
	Supervisor Fees - Janice Snow	$	200.00		
	Supervisor Fees - John Leinaweaver	$	200.00		
				
	Tyree Brown	$	500.00		
				
	VGlobalTech	$	160.00		
				
	WTS International	$	2,402.10		
		$	52.57		
				
			$18,279.56	

				
147	Comcast Business	$	194.95		
				
	Gig Set Go	$	500.00		
				
	GreatAmerica Financial Services	$	369.16		
				
	Southern Land Services of SW Florida	$	1,400.00		
				
	TECO	$	63.77		
				
	WTS International	$	2,402.10		
				
	Xfinity	$	100.00		
				
			$	5,029.98	

		Total	$70,795.91	

				

Laurel Road Community Development District

Funding Request Nos. 210 – 212

LAUREL ROAD COMMUNITY DEVELOPMENT DISTRICT

Funding Requests Nos. 210 - 212

FR #	Description	Amount	Total	
210	Kimley-Horn and Associates	$	1,532.39		
				
			$1,532.39	
				
211	AM Engineering	$	2,467.00		
				
	Safetouch	$	3,999.88		
				
			$6,466.88	
				
212	C&M Road Builders	$	107,562.60		

	LRK	$	1,453.75		
			$109,016.35	

				

				

				
		Total	$117,015.62	

Laurel Road Community Development District

District Financial Statements

Laurel Road
Community Development District
April 2026 Financial Package

April 30, 2026

PFM Management Services LLC
3501 Quadrangle Boulevard
Suite 270
Orlando, FL 32817-8329
(407) 723-5900

Laurel Road CDD
Statement of Financial Position As of 4/30/2026	
	
General Fund		Debt Service Fund		Capital Projects Fund		
Long-Term Debt			
Total	
				
Assets									
Current Assets											
General Checking Account	$	199,040.76								$	199,040.76	
Accounts Receivable	1,114.41									1,114.41	
On-Roll Assessments Receivable	4,538.91									4,538.91	
Off-Roll Assessments Receivable	64,398.20									64,398.20	
Prepaid Expenses	12,082.73									12,082.73	
Deposits	4,350.00									4,350.00	
On-Roll Assessments Receivable			$	5,678.91							5,678.91	
Due From Other Funds			5,069.41							5,069.41	
Series 2021A1 Debt Service Reserve			326,871.88							326,871.88	
Series 2021A2 Debt Service Reserve			62,500.00							62,500.00	
Series 2021A Revenue			793,860.82							793,860.82	
Series 2021A2 Interest			2,734.53							2,734.53	
Series 2021A1 Prepayment			165.08							165.08	
Series 2021A2 Prepayment			353,799.90							353,799.90	
Construction Checking Account					$	21,589.62					21,589.62	
Accounts Receivable - Due from Developer					106,186.97					106,186.97	
Prepaid Expenses					336.22					336.22	
Deposits					50.00					50.00	
Total Current Assets	$	285,525.01		$ 1,550,680.53		$	128,162.81		$	-		$	1,964,368.35	

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

$	1,539,932.21		

$	

1,539,932.21	
									13,335,067.79			13,335,067.79	
	$	-		$	-		$	-		$ 14,875,000.00		$	14,875,000.00	
Total Assets	$	285,525.01		$ 1,550,680.53		$	128,162.81		$ 14,875,000.00		$	16,839,368.35	

Laurel Road CDD

Long-Term Debt			Total	

$	

11,243.32	
				1,614.41	
				4,538.91	
				64,398.20	
				5,678.91	
				106,186.97	
				91,992.19	
				106,186.97	
$	-		$	391,839.88	

$ 14,875,000.00		
$	
14,875,000.00	
$ 14,875,000.00		$	14,875,000.00	
$ 14,875,000.00		$	15,266,839.88	

$	

(16,545.33)	
			(8,317.44)	
			126,143.91	
			102,449.03	
			1,142,003.21	
			402,998.41	
			(99,574.77)	
			(76,628.55)	
$	-		$	1,572,528.47	
				
$ 14,875,000.00		$	16,839,368.35	

Statement of Financial Position As of 4/30/2026

General Fund

Debt Service	Capital Projects Fund		Fund

Liabilities and Net Assets

Current Liabilities

Accounts Payable	$	11,243.32				
Deferred Revenue	1,614.41				
Deferred Revenue - On-Roll	4,538.91				
Deferred Revenue - Off-Roll	64,398.20				
Deferred Revenue			$	5,678.91		
Accounts Payable					$	106,186.97	
Retainage Payable					91,992.19	
Deferred Revenue					106,186.97	
Total Current Liabilities	$	81,794.84		$	5,678.91		$	304,366.13	

Long Term Liabilities

Total Liabilities	$	81,794.84		$	5,678.91		$	304,366.13	

Net Assets
Net Assets, Unrestricted	

$	(16,545.33)					
Current Year Net Assets, Unrestricted	(8,317.44)					
Net Assets - General Government	126,143.91					
Current Year Net Assets - General Government	102,449.03					
Net Assets, Unrestricted			$ 1,142,003.21			

Revenue Bonds Payable - Long-Term Total Long Term Liabilities

402,998.41		
$	
(99,574.77)
(76,628.55)	
$	203,730.17		$	1,545,001.62		$	(176,203.32)	
							
$	285,525.01		$	1,550,680.53		$	128,162.81	

Current Year Net Assets, Unrestricted Net Assets, Unrestricted
Current Year Net Assets, Unrestricted

Total Net Assets

Total Liabilities and Net Assets

$	-	$	-	$	-

Laurel Road CDD Statement of Activities As of 4/30/2026	
	
General Fund	Debt Service Fund	Capital Projects Fund	Long-Term Debt		
Total	
Revenues							
On-Roll Assessments	$ 517,129.64				$	517,129.64	
Off-Roll Assessments	193,194.62					193,194.62	
Other Income & Other Financing Sources	1,851.83					1,851.83	
On-Roll Assessments		$	647,010.96				647,010.96	
Other Assessments		$	615,124.18				615,124.18	
Inter-Fund Group Transfers In		$	1,151.31				1,151.31	
Developer Contributions			$	126,002.83			126,002.83	
Other Income & Other Financing Sources			$	29,036.00			29,036.00	
Inter-Fund Transfers In			$	(1,151.31)			(1,151.31)	
Total Revenues	

$ 712,176.09	

$ 1,263,286.45	

$	153,887.52	

$	-	$	2,129,350.06	
Expenses						
Supervisor Fees	$	6,000.00			$	6,000.00	
Public Officials' Liability Insurance	2,870.00				2,870.00	
Trustee Services	4,246.25				4,246.25	
Management	32,375.00				32,375.00	
Field Management	13,500.00				13,500.00	
Engineering	2,771.00				2,771.00	
Disclosure	500.00				500.00	
District Counsel	4,580.00				4,580.00	
Assessment Administration	5,500.00				5,500.00	
Audit	5,700.00				5,700.00	
Tax Preparation	71.40				71.40	
Travel and Per Diem	110.07				110.07	
Postage & Shipping	41.03				41.03	
Legal Advertising	829.50				829.50	
Miscellaneous	233.17				233.17	
Office Supplies	267.74				267.74	
Property Taxes	783.54				783.54	
Web Site Maintenance	1,720.00				1,720.00	
Holiday Decorations	23,887.30				23,887.30	
Dues, Licenses, and Fees	175.00				175.00	

Laurel Road CDD				
Statement of Activities				
As of 4/30/2026				
General Fund	Debt Service Fund	Capital Projects Fund	Long-Term Debt	
Total	
19,987.50			19,987.50	
$	52,356.12		$	52,356.12	
8,039.94			8,039.94	
831.87			831.87	
17,382.55			17,382.55	
20,654.95			20,654.95	
2,300.73			2,300.73	
24,029.86			24,029.86	
6,400.00			6,400.00	
963.02			963.02	
9,576.73			9,576.73	
23,067.87			23,067.87	
1,680.00			1,680.00	
11,043.98			11,043.98	
7,692.30			7,692.30	
20,305.68			20,305.68	
2,228.55			2,228.55	
17,756.19			17,756.19	
6,722.62			6,722.62	
2,663.69			2,663.69	
2,031.34			2,031.34	
1,508.87			1,508.87	
5,195.00			5,195.00	
19.07			19.07	
395.10			395.10	
3,511.95			3,511.95	
39.14			39.14	
13,019.02			13,019.02	
3,508.00			3,508.00	
36,328.00			36,328.00	
500.00			500.00	
20,095.15			20,095.15	
15,616.00			15,616.00	
87,952.69			87,952.69	
9,715.44			9,715.44	

Construction Consultation Lifestyle Staff
Resident Services Electric
Amenity - Electric Amenity - Water Water Reclaimed
Stormwater Management Wetlands Mitigation Amenity - Telephone
Amenity - Cable TV / Internet / Wi-Fi Amenity - Landscape Maintenance Amenity - Irrigation Repairs
Amenity - Pool Maintenance Amenity - Access Control Amenity - Janitorial
Amenity - Pest Control
Amenity - Fitness Equipment Leasing Amenity - Security
Amenity - Office Equipment Leasing Amenity - Capital Outlay
Amenity - Miscellaneous
Amenity - AC Maintenance and Equipment Amenity - Pool Equipment
Amenity - Gas Amenity - Operations
Amenity - Fireplaces and Barbecue Gate Internet Service
General Insurance
Property & Casualty Insurance Other Insurance
Irrigation
Lake Maintenance
Landscaping Maintenance & Material Landscape Improvements

Laurel Road CDD Statement of Activities As of 4/30/2026	
	
General Fund		Debt Service Fund		Capital Projects Fund		Long-Term Debt		
Total	
Fertilizer / Pesticides	10,080.00								10,080.00	
Contingency	$	2,097.59								$	2,097.59	
Lake Bank Mowing	13,902.00								13,902.00	
Gate - Repairs & Maintenance	324.16								324.16	
Dog Waste Stations	1,638.00								1,638.00	
Capital Expenditures	8,317.44								8,317.44	
Street Sweeping	5,700.00								5,700.00	
Streetlights	19,826.14								19,826.14	
Bike Share Maintenance	253.37								253.37	
Golf Cart Maintenance	182.72								182.72	
Series 2021 A2 Principal Payments			$	610,000.00						610,000.00	
Series 2021 A1 Interest Payments			198,721.25						198,721.25	
Series 2021 A2 Interest Payments			70,664.07						70,664.07	
Engineering					$	24,478.08				24,478.08	
Landscaping Maintenance & Material					133,947.25				133,947.25	
Contingency					72,623.32				72,623.32	
Total Expenses	$623,601.34		$879,385.32		$231,048.65		$0.00		$1,734,035.31	
Other Revenues (Expenses) & Gains (Losses)											
Interest Income	$	5,556.84								$	5,556.84	
Dividend Income			$	19,097.28						19,097.28	
Interest Income					$	27.67				27.67	
Dividend Income					504.91				504.91	
Total Other Revenues (Expenses) & Gains (Losses)	$	5,556.84		$	19,097.28		$	532.58		$	-		$	25,186.70	
Change In Net Assets	$	94,131.59		$	402,998.41		$	(76,628.55)		$	-		$	420,501.45	
Net Assets At Beginning Of Year	$ 109,598.58		$ 1,142,003.21		$	(99,574.77)		$	-		$ 1,152,027.02	

Net Assets At End Of Year	
$ 203,730.17		
$ 1,545,001.62		
$	
(176,203.32)		
$	-		
$ 1,572,528.47	

Laurel Road CDD
Budget to Actual
For the Month Ending 4/30/2026

YTD Actual			YTD Budget	YTD Variance	Adopted Budget	Percentage	

$	517,129.64		

$		

304,306.65	

$  212,822.99	

$  521,668.55	

99.13%	
193,194.62				150,262.48	42,932.14	257,592.82	75.00%	
1,851.83				-	1,851.83	-		
50,895.83				50,895.83	-	87,250.00	58.33%	
$	763,071.92		$		505,464.96	$  257,606.96	$  866,511.37	88.06%	

$	6,000.00		
$		
7,000.00	
$	(1,000.00)	
$	12,000.00	
50.00%	
2,870.00				1,816.62	1,053.38	3,114.20	92.16%	
4,246.25				2,475.85	1,770.40	4,244.31	100.05%	
32,375.00				32,375.00	-	55,500.00	58.33%	
13,500.00				8,750.00	4,750.00	15,000.00	90.00%	
2,771.00				3,500.00	(729.00)	6,000.00	46.18%	
500.00				583.33	(83.33)	1,000.00	50.00%	
4,580.00				11,666.67	(7,086.67)	20,000.00	22.90%	
5,500.00				3,208.33	2,291.67	5,500.00	100.00%	
-				72.92	(72.92)	125.00	0.00%	
5,700.00				3,325.00	2,375.00	5,700.00	100.00%	
-				291.67	(291.67)	500.00	0.00%	
71.40				36.89	34.51	63.24	112.90%	
110.07				291.67	(181.60)	500.00	22.01%	
-				408.33	(408.33)	700.00	0.00%	
41.03				291.67	(250.64)	500.00	8.21%	
829.50				3,208.33	(2,378.83)	5,500.00	15.08%	
233.17				583.31	(350.14)	1,000.00	23.32%	
267.74				291.67	(23.93)	500.00	53.55%	
783.54				-	783.54	-		
1,720.00				1,820.00	(100.00)	3,120.00	55.13%	
23,887.30				14,583.33	9,303.97	25,000.00	95.55%	
-				291.67	(291.67)	500.00	0.00%	
175.00				102.08	72.92	175.00	100.00%	
19,987.50				-	19,987.50	-		
52,356.12				31,671.97	20,684.15	54,294.80	96.43%	
8,039.94				4,374.07	3,665.87	7,498.40	107.22%	
$	186,544.56		$		133,020.38	$	53,524.18	$  228,034.95	81.81%	

Revenues
On-Roll Assessments Off-Roll Assessments
Other Income & Other Financing Sources Carryforward Cash
Net Revenues

General & Administrative Expenses
Supervisor Fees
Public Officials' Liability Insurance Trustee Services
Management  Field Management Engineering Disclosure
District Counsel Assessment Administration Reamortization Schedules Audit
Arbitrage Calculation Tax Preparation Travel and Per Diem Telephone
Postage & Shipping Legal Advertising Miscellaneous Office Supplies Property Taxes
Web Site Maintenance Holiday Decorations IT Services
Dues, Licenses, and Fees Construction Consultation Lifestyle & Maintenance Staff Resident Services
Total General & Administrative Expenses

L	aurel Road CDD							
	Budget to Actual							
For the Month Ending 4/30/2026	

YTD Actual	

YTD Budget		

YTD Variance		
FY 2026
Adopted Budget		

Percentage	

Field Expenses (Inside the Gate; SF)								
Electric	$	623.90	$	4,375.00		$	(3,751.10)		$	7,500.00		8.32%	
Water Reclaimed	1,725.55	2,187.50		(461.95)		3,750.00		46.01%	
Stormwater Management	24,029.86	1,166.67		22,863.19		2,000.00		1201.49%	
Wetland Mitigation	6,400.00	5,250.00		1,150.00		9,000.00		71.11%	
Equipment Rental	-	656.25		(656.25)		1,125.00		0.00%	
Gate Internet Service	13,019.02	1,166.67		11,852.35		2,000.00		650.95%	
General Insurance	2,631.00	1,664.83		966.17		2,854.00		92.19%	
Property & Casualty Insurance	27,246.00	8,864.19		18,381.81		15,195.75		179.30%	
Other Insurance	375.00	-		375.00		-			
Irrigation - Repair and Maintenance	15,071.36	10,920.00		4,151.36		18,720.00		80.51%	
Lake Maintenance	11,712.00	10,500.00		1,212.00		18,000.00		65.07%	
Landscaping Maintenance & Material	65,964.52	62,027.02		3,937.50		106,332.03		62.04%	
Landscape Improvements	7,286.58	8,750.00		(1,463.42)		15,000.00		48.58%	
Fertilizer / Pesticides	7,560.00	7,560.00		-		12,960.00		58.33%	
Contingency	2,097.59	10,150.00		(8,052.41)		17,400.00		12.06%	
Lake Bank Mowing	13,902.00	-		13,902.00		-			
Gate - Repairs & Maintenance	324.16	2,041.67		(1,717.51)		3,500.00		9.26%	
Mulch	-	2,916.67		(2,916.67)		5,000.00		0.00%	
Storm Cleanup	-	4,375.00		(4,375.00)		7,500.00		0.00%	
Storm Landscape Replacement	-	6,562.50		(6,562.50)		11,250.00		0.00%	
Security Monitoring	-	17,500.00		(17,500.00)		30,000.00		0.00%	
Dog Waste Stations	1,638.00	1,638.00		-		2,808.00		58.33%	
Mailbox Maintenance	-	116.67		(116.67)		200.00		0.00%	
Capital Expenditures	6,238.08	4,375.00		1,863.08		7,500.00		83.17%	
Street Sweeping	5,700.00	7,000.00		(1,300.00)		12,000.00		47.50%	
Lighting	-	437.50		(437.50)		750.00		0.00%	
Streetlights - Leasing	14,869.61	17,640.00		(2,770.40)		30,240.00		49.17%	
Bike Share Maintenance	253.37	1,458.33		(1,204.96)		2,500.00		10.13%	
Golf Cart Maintenance	137.04	656.25		(519.21)		1,125.00		12.18%	
Total Field Expenses (Inside the Gate; Only SF)	
$	228,804.64	
$  201,955.72		$	26,848.92		$  346,209.78		66.09%	

Field Expenses (Outside the Gate; MF)								
Electric	$	207.97	$	1,458.33		$	(1,250.36)		$	2,500.00		8.32%	
Water Reclaimed	575.18	729.17		(153.99)		1,250.00		46.01%	
Equipment Rental	-	218.75		(218.75)		375.00		0.00%	
General Insurance	877.00	554.95		322.05		951.34		92.19%	
Property & Casualty Insurance	9,082.00	2,954.73		6,127.27		5,065.25		179.30%	
Other Insurance	125.00	-		125.00		-			
Irrigation - Repair and Maintenance	5,023.79	3,640.00		1,383.79		6,240.00		80.51%	
Lake Maintenance	3,904.00	3,500.00		404.00		6,000.00		65.07%	
Landscaping Maintenance & Material	21,988.17	20,675.67		1,312.50		35,444.01		62.04%	
Landscape Improvements	2,428.86	2,916.67		(487.81)		5,000.00		48.58%	
Fertilizer / Pesticides	2,520.00	2,520.00		-		4,320.00		58.33%	
Storm Cleanup	-	1,458.33		(1,458.33)		2,500.00		0.00%	
Storm Landscape Replacement	-	2,187.50		(2,187.50)		3,750.00		0.00%	
Capital Expenditures	2,079.36	1,458.33		621.03		2,500.00		83.17%	
Lighting	-	145.83		(145.83)		250.00		0.00%	
Streetlights - Leasing	4,956.54	5,880.00		(923.47)		10,080.00		49.17%	
Golf Cart Maintenance	45.68	218.75		(173.07)		375.00		12.18%	
Total Field Expenses (Outside the Gate; MF)	
$	53,813.55	
$	50,517.01		$	3,296.54		$	86,600.59		62.14%	

Laurel Road CDD
Budget to Actual
For the Month Ending 4/30/2026

	YTD Actual	YTD Budget	YTD Variance	FY 2026
Adopted Budget	Percentage	

Vistera - Amenity Expenses						
Amenity - Electric	$	17,382.55	$	5,833.33	$	11,549.22	$	10,000.00	173.83%	
Amenity - Water	20,654.95	8,750.00	11,904.95	15,000.00	137.70%	
Amenity - Telephone	963.02	5,110.00	(4,146.98)	8,760.00	10.99%	
Amenity - Cable TV / Internet / Wi-Fi	9,576.73	7,583.33	1,993.40	13,000.00	73.67%	
Amenity - Landscape Maintenance	23,067.87	11,666.67	11,401.20	20,000.00	115.34%	
Amenity - Irrigation Repairs	1,680.00	5,833.33	(4,153.33)	10,000.00	16.80%	
Amenity - Pool Maintenance	11,043.98	10,864.00	179.98	18,624.00	59.30%	
Amenity - Access Control Maintenance	7,692.30	875.00	6,817.30	1,500.00	512.82%	
Amenity - Pool Equipment	19.07	583.33	(564.26)	1,000.00	1.91%	
Amenity - Cleaning	20,305.68	22,516.67	(2,210.99)	38,600.00	52.61%	
Amenity - Pest Control	2,228.55	3,500.00	(1,271.45)	6,000.00	37.14%	
Amenity - Fitness Equipment Leasing	17,756.19	17,606.19	150.00	30,182.04	58.83%	
Amenity - Security Monitoring	6,722.62	3,558.33	3,164.29	6,100.00	110.21%	
Amenity - Office Equipment Leasing	2,663.69	2,916.67	(252.98)	5,000.00	53.27%	
Amenity - Capital Outlay	2,031.34	4,375.00	(2,343.66)	7,500.00	27.08%	
Amenity - Miscellaneous	1,508.87	1,458.33	50.54	2,500.00	60.35%	
Amenity - A/C Maintenance and Equipment	5,195.00	875.00	4,320.00	1,500.00	346.33%	
Amenity - Gas	395.10	816.67	(421.57)	1,400.00	28.22%	
Amenity - Operations	3,511.95	4,666.67	(1,154.72)	8,000.00	43.90%	
Amenity - Fireplaces and Barbecue	39.14	583.33	(544.19)	1,000.00	3.91%	
Total Vistera - Amenity Expenses	$	154,438.60		$	119,971.85		$	34,466.75		$	205,666.04		75.09%	

Total Expenses	
 $	623,601.34 	
 $  505,464.96 	
 $  118,136.38 	
 $  866,511.36 	
	71.97%	
Other Revenues (Expenses) & Gains (Losses)						
Interest Income	$	5,556.84	$	-	$	5,556.84	$	-	
Total Other Revenues (Expenses) & Gains (Losses)	$	5,556.84		$	-		$	5,556.84		$	-		
Net Income (Loss)	$	145,027.42		$	-		$	145,027.42		$	-		

Laurel Road
Community Development District
FY 2027 Proposed Budget Package

PFM Management Services LLC
3501 Quadrangle Boulevard
Suite 270
Orlando, FL 32817-8329
(407) 723-5900

Laurel Road CDD
FY 2027 Proposed O&M Budget

Actual Through 4/30/2026

Anticipated 5/2026 - 9/2026

FY 2026
Anticipated Total

FY 2026
Adopted Budget

FY 2027
Proposed Budget

Revenues

$	517,129.64		$	4,538.91		$	521,668.55	$	521,668.55	$	791,276.75	
	193,194.62			64,398.20			257,592.82	257,592.82	397,347.66	
	1,851.83			1,322.75			3,174.58	-	500.00	
	50,895.83			36,354.17			87,250.00	87,250.00	-	
$	763,071.92		$	106,614.03		$	869,685.95	$	866,511.37	$ 1,189,124.41	

$	
6,000.00		
$	
5,000.00		
$	
11,000.00	
$	12,000.00	
$	12,000.00	
	2,870.00			-			2,870.00	3,114.20	3,300.50	
	4,246.25			-			4,246.25	4,244.31	4,244.31	
	32,375.00			23,125.00			55,500.00	55,500.00	55,500.00	
	13,500.00			16,875.00			30,375.00	15,000.00	40,500.00	
	2,771.00			1,979.30			4,750.30	6,000.00	6,000.00	
	500.00			500.00			1,000.00	1,000.00	2,000.00	
	4,580.00			3,271.45			7,851.45	20,000.00	25,000.00	
	5,500.00			-			5,500.00	5,500.00	11,000.00	
	-			125.00			125.00	125.00	125.00	
	5,700.00			-			5,700.00	5,700.00	7,000.00	
	-			500.00			500.00	500.00	500.00	
	71.40			-			71.40	63.24	80.00	
	110.07			78.60			188.67	500.00	500.00	
	-			-			-	700.00	700.00	
	41.03			29.30			70.33	500.00	500.00	
	829.50			592.50			1,422.00	5,500.00	2,000.00	
	233.17			166.55			399.72	1,000.00	500.00	
	267.74			191.25			458.99	500.00	375.00	
	783.54			-			783.54	-	100.00	
	1,720.00			1,400.00			3,120.00	3,120.00	3,120.00	
	23,887.30			-			23,887.30	25,000.00	25,000.00	
	-			208.35			208.35	500.00	250.00	
	175.00			-			175.00	175.00	175.00	
	19,987.50			14,276.80			34,264.30	54,294.80	98,570.00	
	52,356.12			37,397.25			89,753.37	7,498.40	8,632.00	

On-Roll Assessments Off-Roll Assessments
Other Income & Other Financing Sources Carryforward Cash
Net Revenues

General & Administrative Expenses
Supervisor Fees
Public Officials' Liability Insurance Trustee Services
Management
Field Management Engineering Disclosure
District Counsel Assessment Administration Reamortization Schedules Audit
Arbitrage
Tax Preparation Travel and Per Diem Telephone
Postage & Shipping Legal Advertising Miscellaneous Office Supplies Property Taxes
Web Site Maintenance Holiday Decorations IT Services
Dues, Licenses, and Fees Lifestyle & Maintenance Staff Resident Services
Total General & Administrative Expenses

$	186,544.56

$  105,716.35

$	284,220.97

$	228,034.95

*
*

$	307,671.81

Laurel Road CDD	
FY 2027 Proposed O&M Budget	
	
Actual Through 4/30/2026		
Anticipated 5/2026 - 9/2026		FY 2026
Anticipated Total		
FY 2026
Adopted Budget		FY 2027
Proposed Budget	
Field Expenses (Inside the Gate; SF)										
Electric	$	623.90	$	445.65	$	1,069.55		$	7,500.00		$	1,875.00	
Water Reclaimed	1,725.55		1,232.55		2,958.10		3,750.00		3,750.00	
Stormwater Management	24,029.86		17,164.20		41,194.06		2,000.00		37,500.00	
Wetland Mitigation	6,400.00		4,571.45		10,971.45		9,000.00		11,000.00	
Equipment Rental	-		468.75		468.75		1,125.00		600.00	
Gate Internet Service	13,019.02		9,299.30		22,318.32		2,000.00		25,000.00	
General Insurance	2,631.00		-		2,631.00		2,854.00		3,025.65	
Property & Casualty Insurance	27,246.00		-		27,246.00		15,195.75		31,332.90	
Other Insurance	375.00		-		375.00		-		431.25	
Irrigation - Repair and Maintenance	15,071.36		10,765.25		25,836.61		18,720.00		27,000.00	
Lake Maintenance	11,712.00		8,365.70		20,077.70		18,000.00		19,800.00	
Landscaping Maintenance & Material	65,964.52		47,117.50		113,082.02		106,332.03		106,332.03	
Landscape Improvements	7,286.58		5,204.70		12,491.28		15,000.00		22,500.00	
Fertilizer / Pesticides	7,560.00		5,400.00		12,960.00		12,960.00		12,960.00	
Contingency	2,097.59		1,498.30		3,595.89		17,400.00		12,500.00	
Lake Bank Mowing	13,902.00		9,930.00		23,832.00		-		25,000.00	
Gate - Repairs & Maintenance	324.16		231.55		555.71		3,500.00		3,500.00	
Mulch	-		2,083.35		2,083.35		5,000.00		40,000.00	
Storm Cleanup	-		7,500.00		7,500.00		7,500.00		7,500.00	
Storm Landscape Replacement	-		11,250.00		11,250.00		11,250.00		11,250.00	
Security Monitoring	-		12,500.00		12,500.00		30,000.00		15,000.00	
Dog Waste Stations	1,638.00		1,170.00		2,808.00		2,808.00		2,808.00	
Mailbox Maintenance	-		83.35		83.35		200.00		-	
Capital Expenditures	6,238.08		4,455.75		10,693.83		7,500.00		7,500.00	
Street Sweeping	5,700.00		4,071.45		9,771.45		12,000.00		12,000.00	
Lighting	-		-		-		750.00		-	
Streetlights - Leasing	14,869.61		10,621.15		25,490.76		30,240.00		30,240.00	
Bike Share Maintenance	253.37		181.00		434.37		-		-	
Golf Cart Maintenance	137.04		97.90		234.94		1,125.00		1,125.00	
Laurel Rd. Monument Maintenance	-		-		-		-		3,000.00	
Border Rd. Monument Maintenance	-		-		-		-		2,000.00	
Total Field Expenses (Inside the Gate;	$	228,804.64		$  175,708.85	$	404,513.49		$	343,709.78		$	476,529.83	
Only SF)								

Laurel Road CDD	
FY 2027 Proposed O&M Budget	
	
Actual Through 4/30/2026		
Anticipated 5/2026 - 9/2026		FY 2026
Anticipated Total		
FY 2026
Adopted Budget		FY 2027
Proposed Budget	
Field Expenses (Outside the Gate; MF)										
Electric	$	207.97	$	148.55	$	356.52		$	2,500.00		$	625.00	
Water Reclaimed	575.18		410.85		986.03		1,250.00		1,250.00	
Equipment Rental	-		156.25		156.25		375.00		200.00	
General Insurance	877.00		-		877.00		951.34		1,008.55	
Property & Casualty Insurance	9,082.00		-		9,082.00		5,065.25		10,444.30	
Other Insurance	125.00		-		125.00		-		143.75	
Irrigation - Repair and Maintenance	5,023.79		3,588.40		8,612.19		6,240.00		9,000.00	
Lake Maintenance	3,904.00		2,788.55		6,692.55		6,000.00		6,600.00	
Landscaping Maintenance & Material	21,988.17		15,705.85		37,694.02		35,444.01		35,444.01	
Landscape Improvements	2,428.86		1,734.90		4,163.76		5,000.00		7,500.00	
Fertilizer / Pesticides	2,520.00		1,800.00		4,320.00		4,320.00		4,320.00	
Storm Cleanup	-		2,500.00		2,500.00		2,500.00		2,500.00	
Storm Landscape Replacement	-		3,750.00		3,750.00		3,750.00		3,750.00	
Capital Expenditures	2,079.36		1,485.25		3,564.61		2,500.00		2,500.00	
Lighting	-		-		-		250.00		-	
Streetlights - Leasing	4,956.54		3,540.40		8,496.94		10,080.00		10,080.00	
Golf Cart Maintenance	45.68		32.65		78.33		375.00		375.00	
Laurel Rd. Monument Maintenance	-		-		-		-		1,000.00	
Total Field Expenses (Outside the Gate;	$	53,813.55		$	37,641.65	$	91,455.20		$	86,600.59		$	96,740.61	
SF & MF)								

Laurel Road CDD
FY 2027 Proposed O&M Budget

	Actual Through 4/30/2026	Anticipated 5/2026 - 9/2026	FY 2026
Anticipated Total	FY 2026
Adopted Budget	FY 2027
Proposed Budget	
Vistera - Amenity						
Amenity - Electric	$	17,382.55	$	12,416.10	$	29,798.65	$	10,000.00	$	25,000.00	
Amenity - Water	20,654.95	14,753.55	35,408.50	15,000.00	30,000.00	
Amenity - Telephone	963.02	687.85	1,650.87	8,760.00	2,000.00	
Amenity - Cable TV / Internet / Wi-Fi	9,576.73	6,840.50	16,417.23	13,000.00	18,000.00	
Amenity - Landscape Maintenance	23,067.87	16,477.05	39,544.92	20,000.00	37,000.00	
Amenity - Irrigation Repairs	1,680.00	1,200.00	2,880.00	10,000.00	7,500.00	
Amenity - Pool Maintenance	11,043.98	7,888.55	18,932.53	18,624.00	18,624.00	
Amenity - Access Control Maintenance	7,692.30	5,494.50	13,186.80	1,500.00	15,000.00	
Amenity - Cleaning	20,305.68	14,504.05	34,809.73	38,600.00	38,600.00	
Amenity - Pest Control	2,228.55	1,591.80	3,820.35	6,000.00	6,000.00	
Amenity - Fitness Equipment Leasing	17,756.19	12,683.00	30,439.19	30,182.04	30,182.04	
Amenity - Fire/Security Monitoring	6,722.62	4,801.85	11,524.47	6,100.00	42,876.12	
Amenity - Office Equipment Leasing	2,663.69	1,902.65	4,566.34	5,000.00	5,000.00	
Amenity - Capital Outlay	2,031.34	1,450.95	3,482.29	7,500.00	7,500.00	
Amenity - Miscellaneous	1,508.87	1,077.75	2,586.62	2,500.00	2,500.00	
Amenity - A/C Maintenance and Equipment	5,195.00	3,710.70	8,905.70	1,500.00	7,500.00	
Amenity - Pool Equipment	19.07	13.60	32.67	1,000.00	1,000.00	
Amenity - Gas	395.10	282.20	677.30	1,400.00	1,400.00	
Amenity - Operations	3,511.95	2,508.55	6,020.50	8,000.00	6,500.00	
Amenity - Fireplaces and Barbecue	39.14	27.95	67.09	1,000.00	3,000.00	
Bike Share Maintenance	-	1,041.65	-	2,500.00	3,000.00	
Total Vistera - Amenity Expenses	$	154,438.60		$	111,354.80		$	264,751.75		$	208,166.04		$	308,182.16	
Total Expenses	 $	623,601.34 	 $  392,780.00 	 $	953,486.21 	 $	866,511.37 	 $ 1,189,124.41 	
Other Revenues (Expenses) & Gains (Losses)						
Interest Income	$	5,556.84	$	3,969.15	$	9,525.99	$	-	$	-	
Total Other Revenues (Expenses) & Gain $	5,556.84		$	3,969.15		$	9,525.99		$	-		$	-	
Net Income (Loss)	$	145,027.42		$	(282,196.82)		$	(74,274.27)		$	-		$	-	

Laurel Road Community Development District	
FY 2027 Proposed Assessment Comparison	

Unit Type	FY 2027 O&M* 
Assessment  (Gross)	FY 2026 O&M* 
Assessment  (Gross)		
Increase /  (Decrease)	

Phase 1					
SF 40'	1,511.27	979.73	$	531.54	
SF 45'	1,700.18	1,102.20	$	597.98	
SF 50'	1,889.09	1,224.67	$	664.42	
SF 57'	2,153.57	1,396.12	$	757.45	
Paired Villas (36' - 39')	1,416.82	918.50	$	498.32	
Assisted Living	566.73	367.40	$	199.33	
Phase 1 & 2					
Multi-Family	281.19	196.13	$	85.06	
Phase 2					
SF 50'	1,889.09	1,224.67	$	664.42	
SF 57'	2,153.57	1,396.12	$	757.45	
Assisted Living	566.73	367.40	$	199.33	

O&M = Operations and Maintenance

Revenues

On-Roll Assessments

The District can levy a Non-Ad Valorem assessment on all the assessable property within the District in order to pay for the operating expenditures during the Fiscal Year. Assessments collected via the tax collector are referred to as “On-Roll Assessments.”

Off-Roll Assessments
The District can levy a Non-Ad Valorem assessment on all the assessable property within the District in order to pay for the operating expenditures during the Fiscal Year. Assessments collected through direct billing are referred to as “Off-Roll Assessments.”

Other Income
Revenue from miscellaneous sources not otherwise classified.

General & Administrative Expenses

Supervisor Fees

Chapter 190 of the Florida Statutes allows for a member of the Board of Supervisors to be compensated for meeting attendance and to receive up to $200.00 per meeting plus payroll taxes. The amount for the Fiscal Year is based upon all supervisors attending the meetings.

Public Officials’ Liability Insurance

Supervisors’ and Officers’ liability insurance.
Trustee Services

The Trustee submits invoices annually for services rendered on bond series. These fees are for maintaining the district trust accounts.

Management

The District receives Management and Administrative services as part of a Management Agreement with PFM Group Consulting, LLC. These services are further outlined in Exhibit “A” of the Management Agreement.

Field Management

The District receives Field Management services as part of a Management Agreement with PFM Group Consulting, LLC. These services are further outlined in Exhibit “A” Section “V” of the Management Agreement.

Engineering

The District’s engineer provides general engineering services to the District. Among these services are attendance at and preparation for monthly board meetings, review of invoices, and all other engineering services as requested by the district throughout the year.

Disclosure

When bonds are issued for the District, the Bond Indenture requires continuing disclosure, which the District Management team provides to the trustee and bond holders.

District Counsel

The District’s legal counsel provides general legal services to the District. Among these services are attendance at and preparation for monthly board meetings, review of operating and maintenance contracts, and all other legal services as requested by the District throughout the year.

Assessment Administration

The District can levy a Non-Ad Valorem assessment on all the assessable property within the District in order to pay for the operating expenditures during the Fiscal Year. It is typically collected via the Tax Collector. The District Manager submits an Assessment Roll to the Tax Collector annually by the deadline set by the Tax Collector or Property Appraiser.

Reamortization Schedules

When debt is paid on a bond series, a new amortization schedule must be recalculated. This can occur up to four times per year per bond issue.

Audit

Chapter 218 of the Florida Statutes requires a District to conduct an annual financial audit by an Independent Certified Public Accounting firm. Some exceptions apply.

Arbitrage

Annual computations are necessary to calculate arbitrage rebate liability to ensure the District's compliance with all tax regulations.

Tax Preparation

Annual fee to file Forms 1099 and 1096 with the Internal Revenue Service.

Travel and Per Diem

Travel to and from meetings as related to the District.
Telephone

Telephone and fax machine services as related to the District.

Postage & Shipping

Mail, overnight deliveries, correspondence, etc.

Legal Advertising

The District will incur expenditures related to legal advertising. The items for which the District will advertise include, but are not limited to, monthly meetings, special meetings, and public hearings for the District.

Miscellaneous
Other general & administrative expenses incurred throughout the year.
Office Supplies

General office supplies associated with the District.
Property Taxes

The costs associated with assessed property tax levies to the District.

Web Site Maintenance

The cost of hiring a third party vendor to manage the District's website and for the annual domain and URL registration renewals.

Holiday Decorations

The cost of decorations within the District for the holidays.

IT Services

The cost of Information Technology services as needed within the District.

Dues, Licenses and Fees

The District is required to pay an annual fee to the Department of Economic Opportunity.

Lifestyle & Maintenance Staff

The cost of hiring a third party contractor to operate the Amenity Center and manage Resident programming.

Resident Services
The cost to provide events and supplies for those events to the residents within the District.

Field Expenses (Inside the Gate; SF)

Electric

The District pays for the electricity related to District-serviced fixtures.

Water Reclaimed

Water used for irrigation.
Stormwater Management

Management of stormwater runoff.

Wetland Mitigation
The costs associated with actions taken to offset the impacts of unavoidable wetland losses.

Equipment Rental

Covers the costs of periodic equipment rentals to assist the maintenance staff in its duties of maintaining certain common facilities.

Gate Internet Service

Covers the costs of monthly service fees associated with keeping the gate’s internet service running.
General Insurance
Insurance purchased to cover the general liability of the District.

Property & Casualty Insurance
Insurance purchased to protect property and cover casualty.
Other Insurance

Insurance purchased to protect areas not covered by General or Property & Casualty insurance coverage.

Irrigation - Repair and Maintenance
Inspection, repair, and maintenance of irrigation systems throughout the District.

Lake Maintenance

Maintenance of lakes owned by the District.
Lake Maintenance – Phase 2
Maintenance of lakes owned by the District in phase 2.

Landscaping Maintenance & Material
Contracted landscaping and Common Area Maintenance within the boundaries of the District.

Landscape Improvements
Improvements in landscape above and beyond what is already contracted for property owned by District.

Fertilizer / Pesticides
Costs associated with purchasing fertilizers and pesticides used in agriculture or other applications.

Contingency

Other field expenses incurred throughout the year.
Lake Bank Mowing

Mowing and grounds maintenance of lake banks and adjacent drainage areas.

Gate Maintenance
Costs associated with keeping District gates in good working order.

Mulch
Costs associated with purchasing and applying mulch to the District’s landscaping to improve the appearance of the property and promote plant health.

Storm Cleanup

Costs associated with recovering from a storm event.
Storm Landscape Replacement

Costs associated with replacing District landscaping when damaged by a storm.

Security Monitoring
Costs associated with ongoing observation and analysis of network and system activity to detect and respond to potential security threats within the District.

Dog Waste Stations
Costs associated with purchasing, installing, and maintaining dog waste stations, as well as the cost of bags, liners, and cleaning materials..

Mailbox Maintenance

Costs associated with keeping mailboxes in good working order and appearance.

Capital Expenditures

Costs associated with acquiring or upgrading the District’s long-term assets, such as property, plant, and equipment (PP&E).

Street Sweeping

Covers the costs of periodic sweeping of District streets to improve aesthetics and to mitigate roadway dirt and debris from being washed into the District’s stormwater system and ponds.

Streetlights – Leasing

Costs associated with streetlight poles which are leased from the utility company.
Bike Share Maintenance
Costs associated with operating and maintaining the District’s bike share program which will initially include 25 bikes.

Golf Cart Maintenance

Costs associated with routine maintenance, battery-related expenses, and unexpected repairs to the District’s golf cart.

Laurel Rd. Monument Maintenance

Costs associated with routine maintenance for the Laurel Road monument.
Border Rd. Monument Maintenance
Costs associated with routine maintenance for the Border Road monument.

Field Expenses (Outside the Gate; MF)

Electric

The District pays for the electricity related to District-serviced fixtures.

Water Reclaimed

Water used for irrigation.
Equipment Rental

Covers the costs of periodic equipment rentals to assist the maintenance staff in its duties of maintaining certain common facilities.

General Insurance

Insurance purchased to cover the general liability of the District.

Property & Casualty Insurance

Insurance purchased to protect property and cover casualty.
Other Insurance

Insurance purchased to protect areas not covered by General or Property & Casualty insurance coverage.

Irrigation - Repair and Maintenance
Inspection, repair, and maintenance of irrigation systems throughout the District.

Lake Maintenance

Maintenance of lakes owned by the District.
Landscaping Maintenance & Material
Contracted landscaping and Common Area Maintenance within the boundaries of the District.

Landscape Improvements
Improvements in landscape above and beyond what is already contracted for property owned by District.
Fertilizer / Pesticides

Costs associated with purchasing fertilizers and pesticides used in agriculture or other applications.

Storm Cleanup
Costs associated with recovering from a storm event.

Storm Landscape Replacement

Costs associated with replacing District landscaping when damaged by a storm.
Capital Expenditures
Costs associated with acquiring or upgrading the District’s long-term assets, such as property, plant, and equipment (PP&E).

Streetlights – Leasing

Costs associated with streetlight poles which are leased from the utility company.

Golf Cart Maintenance
Costs associated with routine maintenance, battery-related expenses, and unexpected repairs to the District’s golf cart.

Laurel Rd. Monument Maintenance
Costs associated with routine maintenance for the Laurel Road monument.

Vistera – Amenity

Amenity – Electric

The District pays for the electricity related to Amenity-serviced fixtures.

Amenity – Water
The District pays for the water service related to Amenity-serviced fixtures.

Amenity - Telephone

Telephone and fax machine services as related to the District’s Amenity.

Amenity – Cable TV / Internet / Wi-Fi

Cable TV, Internet, and wi-fi services as related to the District’s Amenity.

Amenity – Landscape Maintenance
Contracted landscaping and Common Area Maintenance within the boundaries of the District’s Amenity.

Amenity – Irrigation Repairs
Inspection and repair of irrigation system within the boundaries of the District’s Amenity.

Amenity – Pool Maintenance

Cost of cleaning and maintaining the Amenity swimming pool.
Amenity – Pool Equipment

Cost of repairing or replacing any Amenity swimming pool equipment.
Amenity – Cleaning

Cost of cleaning the exterior and interior of the Amenity building.

Amenity – Pest Control

Cost of pest control services for the Amenity building.

Amenity – Fitness Equipment Leasing
Cost of leasing fitness equipment for the Amenity building.

Amenity – Fire/Security Monitoring
Cost of security services for the Amenity building.

Amenity – Office Equipment Leasing

Costs associated with renting or leasing Amenity office equipment, including lease payments, maintenance, and any potential upgrade or replacement costs.

Amenity – Capital Outlay
Costs associated with acquiring or improving Amenity capital assets, such as equipment, buildings, or land
Amenity – Miscellaneous

Costs associated with miscellaneous Amenity expenses incurred throughout the year.

Amenity – A/C Maintenance and Equipment
Costs related to keeping the Amenity air conditioning system running efficiently and reliably.

Amenity – Gas

Costs related to Amenity gas usage.
Amenity – Access Control Maintenance
Cost associated with keeping the Amenity access control system operational.

Amenity – Operations

Cost associated with general Amenity operations as needed.
Amenity – Fireplaces and Barbecue

Costs associated with the Amenity fireplace or barbecue grill, installation costs, materials, and any necessary permits or gas line adjustments.

Other Revenues (Expenses) & Gaines (Losses)

Interest Income

Income from interest earnings.

Laurel Road CDD
FY 2027 Proposed Debt Service Budget	
	
Series 2021A-1		
Series 2021A-2	
REVENUES:				
Special Assessments	$	847,243.75		$	162,890.64	
TOTAL REVENUES	 $	847,243.75 		 $	162,890.64 	

EXPENDITURES:				
Interest 11/01/2026	$	195,406.25		$	54,296.88	
Interest 05/01/2027	195,406.25		54,296.88	
Principal 05/01/2027	265,000.00		-	
TOTAL EXPENDITURES	 $	655,812.50 		 $	108,593.76 	

EXCESS REVENUES	

 $	191,431.25 		

 $	54,296.88 	

Interest 11/01/2027	

$	191,431.25		

$	54,296.88	

Laurel Road Community Development District

Update on the Laurel Widening Project

From: Bobbi Claybrooke <bclaybrooke@amengfl.com>
Sent: Friday, May 29, 2026 3:20 PM
To: David C Weaver <dcweaver@cmroadbuilders.com>; Dan Weaver <dweaver@cmroadbuilders.com>; Adam Robson <arobson@cmroadbuilders.com>; Kara Coggins <kcoggins@ajaxpaving.com>; Jessica Canon <jcanon@ajaxpaving.com>; Kevin Fulcher <kfulcher1@demesite.com>; alex@demesite.com; K.C. Coulthart <kccoulthart@mackenzieco.com>; Scott Huber <shuber@mackenzieco.com>; Ryan Schwarz
<ryan@firethornbuilt.com>; James Thomas <james@firethornbuilt.com>; Gregg Marsh
<gregg@forsbergconstruction.com>; Bruce Wendorf <bruce@forsbergconstruction.com>; Keith Ravazzoli <keith@derrcorp.com>; Ryan Hirstein <ryan@derrcorp.com>; Ed Hicks
<hickse@gatorgap.com>; hicksk@gatorgap.com; Peter Davis <davisp@gatorgap.com>; Greg Baier
<baierg@gatorgap.com>; Chris LaFace <claface@ripaconstruction.com>; Adrian Galloway
<agalloway@ripaconstruction.com>; Fidel Garcia <fgarcia@ryangolf.com>; Jason Coffman
<jcoffman@ryangolf.com>; Don Woodruff <donw@woodruffandsons.com>; Chad Wakeman
<chadw@woodruffandsons.com>; Rick Hoffman <rickh@woodruffandsons.com>
Cc: Erin Childers <echilders@amengfl.com>; Jared (Lorraine Road) Zech <jared.zech@stantec.com>; Harry Russom <hrussom@nealcommunities.com>; Vivian Carvalho <carvalhov@pfm.com>; 'Dale Weidemiller' <dweidemi@tampabay.rr.com>; John Wollard <jwollard@nealcommunities.com>; Roman, Danny <danny.roman@stantec.com>
Subject: Laurel Road Widening

ALERT: This message is from an external source.BE CAUTIOUS before clicking any link or attachment

Ladies and Gentlemen,

The bid review committee for the Laurel Road Widening Project has met and has reviewed the bids submitted on August 22nd. Based on the budget available for this project and bid review committee consultation, we have made the decision to reject all bids. We intend to revisit the overall bid package and intend to re-advertise for bid again on or about August 3, 2026.

Bobbi Claybrooke, PE
President and Managing Engineer
AM Engineering, LLC
8340 Consumer Court, Sarasota, FL 34240
Office: (941) 377-9178 ext. 204 | Direct: (941) 867-7799 | BClaybrooke@amengfl.com

Staff Reports

Field Services Operation Manager

Vistera

June Story board
Field Operations and Maintenance

Summary

Very dry month for landscaping but Impact is doing a good job maintaining the site. More plantings will take place this month.
Lifestyle director brought on E-Bike maintenance vendor.
Stain on the pool loungers, issues with firepits, and small items around the amenity will be the focus for June.

Community Photos

Foged out window, leaning

sign, sidewalk crack

		

		

	

Laurel Road Community Development District

Lifestyle Director

Monthly Summary Report
May 2026

Submitted by Sydney Pollock, Lifestyle Director &
Alex Murphy, Sr. Regional Director

Featured Lifestyle Programs & Events

CINCO DE MAYO NACHOS & TEQUILA
Tuesday, May 5 th 6 : 00 pm - 8 : 00 pm

Cinco de Mayo Nachos & Tequila brought 50–60
residents together for a festive 21+ evening at the Club. Attendees enjoyed a build-your-own nacho bar with a variety of toppings and margaritas in tropical, watermelon, strawberry, and classic lime flavors, with an optional salted rim. The event
provided a fun and flavorful way for neighbors to celebrate Cinco de Mayo, socialize, and enjoy an evening of great food and drinks.

FOOD TRUCK VISIT: COUSINS MAINE LOBSTER
Wednesday, May 6 th 4 : 00 pm- 8 : 00 pm
Residents and guests enjoyed a visit from Cousins Maine Lobster, conveniently parked in The Club parking lot. The event was promoted through the food truck’s business Facebook page, helping attract additional visitors and support the vendor. Attendees had the opportunity to purchase a variety of menu favorites, including lobster rolls, lobster bisque, lobster tots, lobster quesadillas, and more, while gathering with neighbors and enjoying a unique dining experience close to home.

Featured Lifestyle Programs & Events

MOTHER’ S DAY BRUNCH
Saturday, May 9 th 10 : 00 am- 12 : 00 pm
Vistera residents and under-contract
homeowners enjoyed a delightful Mother’s Day Brunch featuring a continental breakfast spread of pastries, fresh fruit, yogurt, coffee, and refreshing “Mom-osas.”
Little ones created handmade paper lilies
as a heartfelt gift for Mom, adding a special touch to the celebration. With 25 attendees, the event provided a wonderful opportunity for families to connect while
honoring the mothers and mother figures in our community.

LA DOLCE VISTERA: THE COMPANION
COLLECTIVE
Saturday, May 16 th 5 : 30 pm - 7 : 30 pm
As part of our ongoing La Dolce Vistera quarterly mini market series, The Companion Collective brought together residents and their four-legged friends for an evening of fun, shopping, and socializing. With an estimated 25–30 attendees, the event
featured a complimentary Yappy Hour and wine tasting provided by Back Porch Brewing Co., delicious dog treats available from Lit Dog Treats, and dog-friendly shampoo bars from S&B Soapery.
Residents also had the option to participate in a $7 toy-making workshop hosted by All Ears Dog Training and enjoyed a complimentary dog bandana decorating station hosted by the Lifestyle Team. The event provided a wonderful opportunity for residents and their pups to mingle, support local vendors, and connect with neighbors.

CAMP ADVENTURE:
MEMORIAL DAY EXPEDITION
Monday, May 25 th 11 : 00 am - 9 : 00 pm
Camp Adventure: Memorial Day Expedition brought residents together for a day of camp-themed fun,
friendly competition, and community connection. The Lifestyle Team offered a variety of family-friendly and adult-only activities throughout the day, allowing
attendees to participate in their favorites. Highlights
included a camp-themed scavenger hunt, a visit from Simply Greek by Wynberry food truck, Adult and Kids Splash & Solve Trivia, a sponge relay race, water
balloon toss, paracord bracelet craft, and s’mores on the patio. The event welcomed approximately 40
attendees throughout the day, with 10–15 participants joining each scheduled activity.

Lifestyle Program Attendance

DATE(S)	PROGRAM DETAILS	ADDITIONAL NOTES	
Tuesday, May 5th	Tuesday Card & Tile Club	Club Meeting	
Tuesday, May 5th	Cinco de Mayo Nachos & Tequila	21+ Event; estimated 50-60 attendees	
Wednesday, May 6th	Food Truck Visit: Cousins Maine Lobster	Estimated 10 families purchased	
Wednesday, May 6th	Bunco Club	Club Meeting	
Saturday, May 9th	Mother’s Day Brunch	Estimated 25 attendees	
Tuesday, May 12th	Tuesday Card & Tile Club	Club Meeting	
Saturday, May 16th	La Dolce Vistera: The Companion Collective	Estimated 25-30 attendees	
Tuesday, May 19th	Tuesday Card & Tile Club	Club Meeting	
Wednesday, May 20th	Vistera Page Turners Club	Club Meeting	
Monday, May 25th	Camp Adventure: Memorial Day Expedition	All day event; estimated 40 attendees	
Tuesday, May 26th	Tuesday Card & Tile Club	Club Meeting	

Facility Utilization

SPACE	AVERAGE BY DAY	
Fitness Center	9-16 Times	
Club Lounge	1-4 Times	
Game Room	1-4 Times	
Pool	9-16 Times	
Kids Corner	1-4 Times	
E-Bikes Rentals	1-4 Times per month	

Private Facility Rental By Room	Monthly Rental Occurrence	
Club Lounge	0	
Game Room	1-4 Times	

Approved Rental Requests in May 1

Facility Operations & Maintenance

SPACE	ITEM	STATUS	

Amenity TVs	Rokus removed from Moyps. Control4 no longer used to change channels, only ambient music. TVs turn on automatically, but
channels changed with Roku remotes. Wall mounted remote
holders ordered.	

Completed	

Outdoor Firepit - Event Lawn	
4 new white adirondack chairs and firepit arrived from NLN. Chairs and firepit assembled by Amenity Maintenance Specialist, Ati.	
Completed	

Pool Deck	Pool deck chairs were turning a rust orange color. Pool was closed temporarily, so Daystar could pressure wash them with a
combination of degreaser and bleach.	
Completed	
Grill - Pool Deck	The grill ignition was not working. Battery located and replaced.	Completed	

Emergency Phone	
Upon calling, emergency phone does not connect to any respresentative or company. Field Services working to resolve.	
Requested	

Screened-In Patio	
Door hinge broke off and was missing two screws. Replacements purchased and door was fixed by Ati.	
Completed	

Facility Operations & Maintenance Cont.

SPACE	ITEM	STATUS	

Amenity Fire Extinguishers	With the help of Field Services, new contract was acquired with Pye Barker to perform fire extinguisher inspections. Pye Barker came onsite to renew tags on 5/28/26 and discovered 2 fire extinguishers must be
added to outdoor spaces at The Club. Awaiting proposal approval.	

Awaiting Approval	

E-Bike Maintenance	With approval from Field Services, new agreement acquired with
Voltaire E-Bikes to provide twice yearly full service tune ups to all E-Bikes.	
Completed	

Path to Outdoor Fireplace	Crack observed in sidewalk between E-Bikes and outdoor fireplace. Field Services notified.	
Requested	

Holiday Lights	
Proposal for 2026 holiday lights signed by Lifestyle Director. Working
with Land Development to install another outlet at the Border Rd gates.	
Completed	

Kitchen/Operations	Florida Sales tax certificate acquired. Lifestyle Team and NLN Marketing may now sell Vistera mugs and future merchanise.	
Completed	

E-Bikes	Aventon brand water bottle holders and mirrors purchased for E-Bikes. Ati will install the new accessories on the bikes.	
In Progress	

Pool/Club Exterior	Increased bug presence in the pool and exterior of the building. S&G Pools asked to raise water level and vauum the pool as bugs are
accumulating quickly. When time allows, Lifestyle team skims bugs in between pool tech visits.	

Completed	

Customer Service & Staffing

FEEDBACK	COMMENT	ACTION TAKEN	

Positive	Sydney spoke with residents Robert and Michelle B., who were incredibly complimentary of the Lifestyle team and specially Ati. They shared Ati is “so nice!” They also shared they are very pleased with the upkeep of the amenities. Both Robert and Michelle had questions
about speeding and the vehicular gates.	Sydney thanked both residents for their kind words, and echoed just how wonderful Ati is. Sydney also let the
residents know that the CDD would be the party to
reach out to regarding their speeding concerns, and mentioned they can attend meetings as well.	

Positive	NLN Marketing Team received a 100% positive rating from a 7-month new resident survey, from resident Sally B. Direct quote: “Sydney is very organized and kind.”	Review was forwarded on to Lifestyle Team. Sydney will throughly thank Sally when she sees her next.	

Positive	Resident Winola D., was struggling with her Proptia app glitching. Sydney put in a ticket to Safetouch, and Rob Franco from the company was able to call Winola. Her app issue was resolved, and Rob stated “You are very lucky to have Sydney onsite, she’s great.” Winola came to tell Sydney she could not agree more with Rob’s comments and to thank her for resoving her app issues. “	

Sydney shared with Winola her kind words made her day, and thanked Rob over at SafeTouch as well.	

Positive	Resident Kathy K. expressed concerns regarding the pool conditions after noticing a low water level and the presence of bugs. Following coordination with S&G Pools to address and resolve the issue, Kathy shared the following feedback: “Thank you, Sydney, for all your efforts in implementing the changes to the pool conditions. The pool was pristine
this morning!”	

Sydney thanked Kathy and continues to monitor the
pool amid increased bug presence and resident usage.	

COMMUNITY IN ACTION

Forecast

PROGRAM	STATUS	
Live! On the Loggia	June Event	June 5th	
Design with Wine: Painted Citrus Serving Trays	June Event	June 10th	
Margaritaville Mixer	June Event	June 12th	
Father’s Day Pints & Pops	June Event	June 20th	
Summer Kickoff Party	June Event	June 27th	

CURRENT ACTION ITEMS	RESPONSIBILITY	DUE DATE	

Hire and Onboard Community Relations Associate - Ongoing	
Sydney is looking for to hire an individual that can assist with Resident Services, prospect tours and administrative needs on weekends and when she is out of office.	

Ongoing	

New Outdoor Firepit	
The Lifestyle Team is building and arranging new outdoor furniture for the newly paved firepit area
behind the pool, enhancing the overall functionality and guest experience of the space. The team is also
collaborating with NLN Marketing on updated signage to clearly communicate firepit rules and regulations.	

June 30th