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

The following is the agenda for the Board of Supervisors Meeting for the Laurel Road Community Development District scheduled to be held Wednesday, December 8, 2021 at 12:15 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: 790 562 990 #
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]

Business Matters

Consideration of the Minutes of the November 10, 2021 Board of Supervisors’ Meeting
Consideration of the Minutes of the November 18, 2021 Special Board of Supervisors’ Meeting(under separate cover)
Consideration of Resolution 2022-08, Ratification of Revised Adopted Budget for Fiscal Year 2021
Ratification of Driggers Engineering Services Incorporated Proposal
Ratification of Funding Requests 51 -- 58
Review of District Financial Statements
Other Business

Staff Reports District Counsel District Engineer District Manager

Supervisor Requests and Audience Comments Adjournment

Laurel Road Community Development District

Consideration of the Minutes of the November 10, 2021 Board of Supervisors’ Meeting

MINUTES OF MEETING

LAUREL ROAD COMMUNITY DEVELOPMENT DISTRICT BOARD OF SUPERVISORS MEETING
Wednesday, November 10, 2021 at 12:15 p.m. 5800 Lakewood Ranch Blvd,
Sarasota, FL 34240

Board Members present at roll call:

Pete Williams	Chairperson	(via phone) John Leinaweaver	Vice Chairperson
John Blakley	Assistant Secretary
Janice Snow	Assistant Secretary Dale Weidemiller	Assistant Secretary

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

Vivian Carvalho        District Manager-PFM Group Consulting LLC
Venessa Ripoll	Assistant District Manager- PFM Group Consulting LLC (via phone)
Ed Vogler	District Counsel- Vogler Ashton (via phone) Shawn Leins	District Engineer – AM Engineering (via phone) Bobbi Claybrooke   District Engineer – AM Engineering (via phone) Jim Schier	Neal Communities
John McKay	Neal Communities
Sandy Foster	Neal Communities

FIRST ORDER OF BUSINESS	Administrative Matters Call to Order and Roll Call
Ms. Carvalho called the meeting to order at 12:42 p.m. and proceeded with roll call. The Board Members and Staff in attendance are outlined above.

Public Comment Period

There were no public comments at this time.

SECOND ORDER OF BUSINESS	Business Matters

| P age 

Consideration of the Minutes of the October 13, 2021 Board of Supervisors Meeting

The Board reviewed the Minutes from the October 13, 2021 Board of Supervisors’ Meeting.

Ms. Snow provided edits to the minutes. Mr. Blakey was accidentally listed twice in the call to order.

On MOTION by Ms. Snow, seconded by Mr. Blakley, with all in favor, the Board approved the Minutes of the October 13, 2021 Board of Supervisors’ Meeting, as amended.

Consideration of Resolution 2022- 07, Revised Adopted Budget for Fiscal Year 2021

Ms. Carvalho presented Resolution 2022-07, Revised Adopted Budget for Fiscal Year 2021. The Budget outlines the Adopted Budget and what is being revised based on various line items within the Budget that exceeded the 10% threshold for that line item.

On MOTION by Mr. Williams, seconded by Mr. Leinaweaver, with all in favor, the Board approved Resolution 2022-07, Revised Adopted Budget for Fiscal Year 2021.

Review and Consideration of Clearview Land Design, P.L., Pond Modifications

Ms. Claybrooke stated she is not sure what the Clearview Land Design, P.L., Pond Modification is. Mr. Leins stated this is something related to Fiore. Ms. Claybrooke stated if the pond modification is for Fiore then it has nothing to do with the Vistera Project.

Ms. Carvalho requested that this agenda item be deferred because it clearly shows Laurel Road. Mr. Leins wondered if it has something to do with modifying the Fiore pond to account for some drainage coming off the Laurel Road improvements. This agenda item will be deferred to the next meeting. Ms. Carvalho asked District Engineer to follow up with Clearview Land Design P.L.

| P age 

Review and Consideration of Clearview Land Design, P.L., Sanitary Design

The Board reviewed Clearview Land Design, P.L., Sanitary Design. Mr. Leins stated this is in the amount of $7,500.00 from Chris Fisher at Clearview Land Designs P.L. They had to revise the sanitary sewer system to account for some sanitary waste coming from the Laurel Road CDD to the Fiore Project. Mr. Leins thinks the previous agenda item is the same thing for design work for the Laurel Road CDD improvements that are a work in progress. Mr. Leins will follow up with Clearview land Designs and report back to the Board at the next meeting.

Ms. Claybrooke stated the Sanitary Design is correct. It is for the multi-family site going into the northeast out parcel. The lift station had to be modified. Mr. Weidemiller stated the revised sanitary design is to accommodate the apartment complex West of Fiore. He asked if the apartment complex is part of the CDD. Ms. Claybrooke responded yes.

On MOTION by Mr. Weidemiller, seconded by Mr. Leinaweaver, with all in favor, the Board approved the Clearview Land Design, P.L., Sanitary Design in the amount of
$7,500.00.

Ratification of Funding Requests 46-50

The Board reviewed Funding Requests 46-50.

On MOTION by Mr. Weidemiller, seconded by Mr. Williams, with all in favor, the Board ratified Funding Requests 46-50.

Review of District Financial Statements

The Board reviewed the District Financial Statements through October 31, 2021. Ms. Carvalho stated this will be on the next meeting’s agenda and before the next meeting, if they are ready, Ms. Lane will send out November’s Financial Statements via email.

On MOTION by Mr. Williams, seconded by Ms. Snow, with all in favor, the Board accepted the District Financial Statements.

| P age 

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

District Engineer –	No Report

District Manager – Ms. Carvalho noted the next meeting will be a Special Meeting to take place on November 18, 2021 at 11:00 a.m. A discussion took place if today’s meeting should be adjourned or continued to November 18, 2021. Mr. Vogler stated continuing the meeting gives the District more flexibility.

FOURTH ORDER OF BUSINESS	Audience Comments and Supervisor Requests

There were no audience comments or Supervisor requests.

FIFTH ORDER OF BUSINESS	Continuance

There were no other questions or comments. Ms. Carvalho requested a motion to continue the meeting to November 18, 2021 at this location at 11:00 a.m. or immediately following the adjournment of Windward at Lakewood Ranch CDD.

On MOTION by Mr. Weidemiller, seconded by Mr. Williams, with all in favor, the November 10, 2021 Board of Supervisors’ Meeting for the Laurel Road Community Development District was continued at 12:51 p.m. to November 18, 2021 at 11:00 a.m. or immediately following the adjournment of Windward at Lakewood Ranch CDD.

Secretary / Assistant Secretary	Chairperson / Vice Chairperson

| P age 

Laurel Road Community Development District

Consideration of the Minutes of the November 18, 2021 Special Board of Supervisors’ Meeting (under separate cover)

Laurel Road Community Development District

Consideration of Resolution 2022-08, Ratification of Revised Adopted Budget for Fiscal Year 2021

RESOLUTION 2022-08
THE REVISED ANNUAL APPROPRIATION RESOLUTION OF LAUREL ROAD COMMUNITY DEVELOPMENT DISTRICT (THE "DISTRICT") RELATING TO THE REVISED ANNUAL APPROPRIATIONS AND ADOPTING THE REVISED BUDGET FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2020, AND ENDING SEPTEMBER 30, 2021

WHEREAS, the Laurel Road Community Development District Board of Supervisors (the "Board") previously approved and adopted an annual budget for the fiscal year beginning October l, 2020 and ending September 30, 2021, pursuant to the provisions of Section l 90.008(2)(a), Florida Statutes; and
WHEREAS, the Board now desires to revise the annual budget for the fiscal year beginning October 1, 2020 and ending September 30, 2021; and

WHEREAS, Section l 90.008(2)(a), Florida Statutes, requires that the District Board by passage of the Annual Appropriation Resolution shall adopt a budget for the each fiscal year and appropriate such sums of money as the Board deems necessary to defray all expenditures of the District during the ensuing fiscal year; and

WHEREAS, the District Manager has prepared a Proposed Budget, whereby the Proposed Budget projects the cash receipts and disbursements anticipated during a given time period, including reserves for contingencies for emergency or other unanticipated expenditures during the fiscal year.
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF LAUREL ROAD COMMUNITY DEVELOPMENT DISTRICT;

Section 1.	Budget

That the Board of Supervisors has reviewed the District Manager's Proposed Budgets, a copy of which is on file with the office of the District Manager and at the District's Records Office, and hereby approves certain amendments thereto, as shown in Section 2 below.
That the District Manager's Proposed Budgets, attached hereto as Exhibit "A," are hereby adopted in accordance with the provisions of Section l 90.008(2)(a), Florida Statutes, and incorporated herein by reference; provided, however, that the comparative figures contained in the adopted budget may be subsequently revised as deemed necessary by the District Manager to reflect actual revenues and expenditures for fiscal year 2020- 2021.

That the adopted budget shall be maintained in the office of the District Manager and at the District's Records Office and identified as "The Revised Budget for the Laurel Road Community Development District for the Fiscal Year Beginning October 1, 2020 and Ending September 30, 2021", as adopted by the Board of Supervisors on November 10, 2021.

Section 2.	Appropriations

There is hereby appropriated out of the revenues of the Laurel Road Community Development District, for the fiscal year beginning October 1, 2020, and ending September 30, 2021, the sum of money to be raised by the levy of assessments and otherwise, which sum is deemed by the Board of Supervisors to be necessary to defray all expenditures of the District during said budget year, to be divided and appropriated in the following fashion:

TOTAL GENERAL FUND TOTAL ALL FUNDS
Section 3.	Supplemental Appropriations

$	ld/o1w756D
IJ.Lt?, lJ15 tfD

The Board may authorize by resolution, supplemental appropriations or revenue changes for any lawful purpose from funds on hand or estimated to be received within the fiscal year as follows:

Board may authorize a transfer of the unexpended balance or portion thereof of any appropriation item.

Board may authorize an appropriation from the unappropriated balance of any fund.

Board may increase any revenue or income budget amount to reflect receipt of any additional unbudgeted monies and make the corresponding change to appropriations or the unappropriated balance.

The District Manager and Treasurer shall have the power within a given fund to authorize the transfer of any unexpected balance of any appropriation item or any portion thereof, provided such transfers do not exceed Ten Thousand ($10,000)  Dollars or have the effect of causing more than 10% of the total appropriation of a given program or project to be transferred previously approved transfers included. Such transfer shall not have the effect of causing a more than $10,000 or I 0% increase, previously approved transfers included, to the original budget appropriation for the receiving program. Transfers within a program or proj_ect may be approved by the Board of Supervisors. The District Manager or Treasurer must establish administrative procedures which require information on the request forms proving that such transfer requests comply with this section.

2

Introduced, considered favorably, and adopted this 10th day of November 2021.

ATTEST:		LAUREL ROAD COMMUNITY DEVELOPMENT DISTRICT

J 	

                         By: s;p_
Secretary

3

Laurel Road CDD
FY 2021 Proposed Revised O&M Budget

Actual	FY 2021	FY 2021
Proposed

Through	Adopted

Revised

09/30/2021	Budget	Budget

Revenues		
Developer Contributions	$  88,421 82	$   126,675.00	$   126,675.00	
Other Income & Other Financing Sources	0.03			
Net Revenues	$  88,421.85	$  126,675.00	$    126,675.00	
General & Administrative Ex(!enses				
Supervisor Fees	$  12,600.00	$	12,000.00	$	12,600.00	
Public Officials' Insurance	2,250.00	2,475.00	2,475.00	
Trustee Services		6,000.00	6,000.00	
Management	20,000 00	45,000.00	20,000.00	
Engineering		15,000.00	15,000.00	
Dissemination Agent		5,000.00	5,000,00	
District Counsel	25,797.50	20,000.00	26,000.00	
Assessment Administration		7,500.00	7,500.00	
Audit	3,000 00	6,000.00	6,000.00	
Postage & Shipping	59.50	300.00	300.00	
Legal Advertising	15,299.39	1,000.00	16,075.00	
Miscellaneous	278.06	500.00	500.00	
Web Site Maintenance	4,350.00	2,700.00	6,000 00	
Dues, Licenses, and Fees	200.00	175.00	200.00	
General Insurance	2,750.00	3,025.00	3,025.00	
Total General & Administrative Expenses	$    86,584.45	$  126,675.00	$    126,675.00	

Total Expenses	$   86,584.45	$   126,675.00	$  126,675.00

Net Income (Loss)	$	1,837.40	$	$

Page 1 of 1

Laurel Road Community Development District

Ratification of Driggers Engineering Services Incorporated Proposal

DRIGGERS

-

-

ENGINEERING	SERVICES	INCORPORATED

Geotechnical Engineering  & Construction  Materials Testing

November 9, 2021

Laurel Road CDD c/o PFM Group Consulting 12051 Corporate Blvd.
Orlando, Florida	32817 ATTN: Mr. Peter Williams
RE: Estimated Cost for Full-time Construction Activities, Inspection of Mass Clearing and Grading of Phase 2 VISTERA OF VENICE, Venice, Florida
Sarasota County, Florida
Our Proposal No.	SAL 211905P

Dear Mr. Williams:

DRIGGERS ENGINEERING SERVICES, INC. is pleased to provide you with an estimated cost for the inspection and testing services for the aforementioned project.

Based on discussions with the developer, the contractor, and the engineer of record we have determined that our scope of work would include fulltime inspection and reporting of mass clearing, fill placement, monitoring of the removal of unsuitable soils or materials and performing any associated laboratory or field testing needs for this mass grading construction in Phase II. Laboratory testing would mainly be on questionable soils encountered or potential additional fill materials encountered during construction activities. Field density testing would be limited to performing field density testing on storm pipe between lakes generally installed during dry excavation of the lakes where penetrations to the lakes are made.

Based on the aforementioned scope of work we feel a small laboratory testing budget should be anticipated as outlined by the attachment. For field testing such as sampling of materials or performing field density test, these items will be incorporated into an elevated technician / inspector elevated rate that would incorporate the testing services with the inspection at a cost substantially lower than an individual rate for each item.

Clearwater
Phone: 727.571.1313
Fax: 727.471.6653
clwoffice@driggers-eng.com

Sarasota
6185 Danner Drive • Sarasota, Florida 34240 Phone: 727.471.6655 • Fax: 941.371.8962
saroffice@driggers-eng.com

Spring Hill
Phone: 727.471.6657
Fax: 727.471.6653
sphilloffice@driggers-eng.com

Our discussions with the various parties have anticipated a five-month duration of fulltime 40-hour work schedule, approximately 800 hours total. Attached you will find a list of the anticipated services, the estimated cost for laboratory testing and field inspection services.

We feel a budget of$ 40,872.00 should be anticipated for this mass grading construction of Phase II. DRIGGERS ENGINEERING SERVICES, INC. appreciates the opportunity to provide you with this proposal. Should you have any questions or require additional information, please don't hesitate to contact us at your convenience. Attached you will also find a standard contract to be completed, should you decide to go forward.

Respectfully Submitted,
DRIGGERS ENGINEERING SERVICES, INC.
;U;d_JJ//
Robert L. Iliff
Construction Services Manager Sarasota Office

RLI/RJ/rs
LAB-SAR\PROPOSALS\2021\NOV\SAL2 l I 905P
Copies submitted: (I) Laurel Road COD c/o PFM Group Consulting - Attn: Mr. Pete Williams

Driggers Engineering Services Incorporated

ESTIMATED COST FORFULLTIME CONSTRUCTION ACTMTIES, INSPECITON OF MASS CLEARING AND GRADING OF PHASE II VISTERA OF VENICE VENICE (SARASOTA COUNTY), FLORIDA

SOILS TESTING SERVICES	
LABORATORY TEST:	
Description	
A	Modified Proctor	
B	Standard Proctor	
C	Limerock Bearing Ratio	
D	Grainsize Analysis	
E	% Passing #200 Sieve	
F	% Organic Content	
G	% Carbonates	
H	Atterburg Limits of Soil	
I	Compression Test Cement Treated Base Samples	
J	Deleterious Materials Assessment (Crushed Concrete)	
K	Laboratory Moisture Determination	
Laboratory Testing Services Soils:$ 680.00	
FIELD TESTING SERVICES SOILS:	
Description	
A	Technician Time: Sampling, Travel, Inspection, Standby	
B	Field Density Test Nuclear Method	
C	Field Density Test Sand Cone Method	
D	Field Moisture Content (Speedy Method)	
E	Soil Bearing Test (SBT)	
F	Subgrade Thickness Determination	
G	Core Base Materials for Thickness Determination (includes mobilization)	
Laboratory Testing Services Field Testing: $ 40,000.00	
LAB-SAR\PROPOSALS\2021\NOV\SAL211905P

Driggers Engineering Services Incorporated

ESTIMATED COST FOR FULLTIME CONSTRUCTION  A  TIVlTIES, INSPECITON OF MASS CLE.ARING  AND GRADING  OF PHASE  H VISTERA OF  VENICE VENICE (SARASOTA COUNTY), FLORIDA
"Continued"

MISCELLANEOUS TESTING AND INSPECTION SERVICES (Includes ENGINEERING AND SECRETARIAL SERVICES	
Description	
A	Underdrain Study for Engineer of Record as required	
B	Project Engineer for Meetings and Consultation	
C	Lab Director / Division Manager for Meetings and Consultation	
D	Compendium Book and CD's for Project Closeout	
E	Additional Secretarial Service for Copy / Search of Reports	
F	Drafting Services	
G	Specialized Testing such as Radon or Heavy Metals	
H	Turbidity Testing of Water from Flowing Stream	
Miscellaneous Testing Services: $ 192.00	

TOTAL ESTIMATED COST FOR PROJECT TESTING I INSPECTION I
ENGINEERING  AND SPECIALTY SERVICES*:

$40,872.00

*Although presented as a lump sum these services may vary based on contractor performance, weather, and changes in design or variation from plans. Engineer of Record and/ or Governmental Agency may also request additional services during the course of project.

LAB-SAR\PROPOSALS\2021\NOV\SAL211905P

Driggers Engineering Services Incorporated

Laurel Road Community Development District

Ratification of Funding Requests 51 -- 58

LAUREL ROAD COMMUNITY DEVELOPMENT DIST

Funding Request 51-58

FR #	Description	Amount	Total	
				
51	VGlobalTech			
		$	300.00		
		$	125.00		
			$425.00	
52	LRK			
		$	5,107.50		
			$5,107.50	
				
53	CA Florida Holdings			
		$	2,454.00		
			$2,454.00	
54	Ardurra Group			
		$	6,150.00		
	Clearview Land Design			
		$	4,350.00		
		$	3,150.00		
	Forsberg Construction			
		$	646,051.59		
			$659,701.59	
55	VGlobalTech			
		$	125.00		
			$125.00	
56	Ferguson Waterworks			
		$	44,648.80		
		$	84,319.20		
		$	172,480.00		
		$	81,312.00		
		$	42,310.80		

		$	36,448.00		
		$	68,992.00		
		$	89,297.60		
		$	44,648.80		
			$664,457.20	
57	PFM Group Consulting			
		$	2,500.00		
	Supervisor Fees - 11/10/2021 Meeting			
		$	200.00		
		$	200.00		
		$	200.00		
		$	200.00		
		$	200.00		
	Vogler Ashton			
		$	7,212.50		
			$10,712.50	
58	LRK			
		$	7,650.00		
			$7,650.00	
				
		Total	$1,350,632.79	

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. 051
10/29/202

Item No.

Vendor		Invoice	General	Fiscal Number		Fund		Year

1	VGlobalTech		
	Quarter 3 ADA Audit	3154	$	300.00	FY 202	
	October Website Maintenance	322	$	125.00	FY 2022	

TOTAL	$425.00		

300.00	

FY 202	
125.00	FY 2022	

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 10:08 am, Nov 01, 2021

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. 052
10/29/202

te No

Vend

nvoice	Co st uction	Fisc
Number	Fund	Year

1	LRK
Vistera Amenity Services Through 08/31/2021	04.21020.00-3	5,107.50	FY 202

TOTAL	$5,107.50

5,107.50
-

FY 202
FY 2022

Secr	tary	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 10:08 am, Nov 01, 2021

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. 053
11/5/202

Item No.

Vendor		Invoice	General	Fiscal Number		Fund		Year

1	CA Florida Holdings
Legal Ads Through 10/28/2021 ; Ads: 6308520, 6428883	4157275	2,454.00	FY 2022

TOTAL	$2,454.00

- 2,454.00

FY 202
FY 2022

Secret   y / Assistant Secr

tary

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 5:31 pm, Nov 08, 2021

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. 054
11/5/202

Item No.

Vendo

Invoice Number

Construction Fund

Fisca Year

Ardurra Group
Vistera at Venice Services Through 08/31/2021	116818	$	6,150.00	FY 202

Clearview Land Design
CO Cielo NW Services Through 09/17/2021	21-02068	4,350.00	FY 202

CO Cielo NW Services Through 10/15/2021	21-02280

$	3,150.00

FY 2022

Forsberg Construction
Vistera of Venice - Phase 1 pay app 3 Through 10/31/2021	--	646,051.59	FY 2022

TOTAL	$659,701.59

10,500.00
649,201.59

FY 202
FY 2022

c

Se ret	/ 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 5:31 pm, Nov 08, 2021

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. 055
11/12/202

Item No.

Vendor		Invoice	General	Fiscal Number		Fund		Year

1	VGlobalTech
November Website Maintenance	330

$	125.00

FY 2022

TOTAL	$125.00

- 125 00

FY 202
FY 2022

Secret   y / A	istant S	tary	B	rd 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 7:05 pm, Nov 15, 2021

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. 056
11/12/202

Item	
Vendo	
Invoice	
Construction	
Fisca	
No.		Number	Fund	Year	
1	Ferguson Waterworks				
	Vistera Construction Materials	1532674	44,648.80	FY 2022	
	Vistera Construction Materials	1531687	84,319.20	FY 2022	
	Vistera Co struction Materials	1531109	172,480.00	FY 2022	
	Vistera Construction Materials	1531109-1	81,312.00	FY 2022	
	Vistera Construction Materials	153119-2	42,310.80	FY 2022	
	Vistera Construction Materials	1533089	36,448.00	FY 2022	
	Vistera Construction Materials	1533186	68,992.00	FY 2022	
	Vistera Construction Materials	1533746	89,297.60	FY 2022	
	Vistera Construction Materials	1533747	44,648.80	FY 2022	
		
TOTAL	
$664,457.20		

FY 202	
			664,457.20	FY 2022	

Secretary / As istant 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 7:05 pm, Nov 15, 2021

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. 057		
11/19/202		
Item	Vendor	Invoice	General	Fiscal	
No.	Number	Fund	Year	
1	PFM Group Consulting		

DM Fee: November 202	DM-11-2021-27	2,500.00	FY 2022	
2	Supervisor Fees - 11/10/2021 Meeting		
Dale Weidemiller	--	200.00	FY 2022	
John Blakley	--	$	200.00	FY 2022	
Pete Williams	--	$	200.00	FY 2022	
Janice Snow	--	$	200.00	FY 2022	
John Lei	--	$	200.00	FY 2022	

3	Vogler Ashton		
General Counsel Through 10/31/2021	7283	7,212.50	FY 2022	

TOTAL	$10,712.50		
-	FY 202	
10,712.50	FY 2022	

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 10:34 am, Nov 22, 2021

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. 058
11/19/202

te No.

Vend

nvoice	Const uction	F sca
Number	Fund	Year

1	LRK
Vistera Amenity Services Through 10/31/2021	04.21020.00-5	7,650.00	FY 2022

TOTAL	$7,650.00

- 7,650.00

FY 202
FY 2022

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 10:33 am, Nov 22, 2021

Laurel Road Community Development District

Review of District Financial Statements

Laurel Road CDD
Statement of Financial Position As of 10/31/2021

General Fund	Capital Projects Fund

Total

Current Assets	Assets		
General Checking Account	$4,053.97				$4,053.97	
Accounts Receivable - Due from Developer	12,826.04				12,826.04	
Accounts Receivable - Due from Developer	
		$319,682.50		319,682.50	
Total Current Assets	$16,880.01		$319,682.50		$336,562.51	
Total Assets	$16,880.01		$319,682.50		$336,562.51	

Liabilities and Net Assets					
Current Liabilities
Accounts Payable	
$11,851.04				
$11,851.04	
Deferred Revenue	6,991.67				6,991.67	
Accounts Payable			$319,682.50		319,682.50	
Deferred Revenue	
		21,097.50		21,097.50	
Total Current Liabilities	$18,842.71		$340,780.00		$359,622.71	
Total Liabilities	$18,842.71		$340,780.00		$359,622.71	

Net Assets
Net Assets, Unrestricted	

$1,837.35				

1,837.35	
Current Year Net Assets, Unrestricted	(3,800.05)				(3,800.05)	
Net Assets, Unrestricted			($21,097.50)		(21,097.50)	
Current Year Net Assets, Unrestricted	

		0.00		0.00	
Total Net Assets	($1,962.70)		($21,097.50)		($23,060.20)	

					
Total Liabilities and Net Assets	$16,880.01		$319,682.50		$336,562.51	

Page 1 of 1

Laurel Road CDD Statement of Activities As of 10/31/2021	
	
General Fund		
Capital Projects Fund		
Total	

Revenues						
Developer Contributions	$5,175.00				$5,175.00	
Total Revenues	

$5,175.00		

$0.00		

$5,175.00	
Expenses						
Supervisor Fees	$1,000.00				$1,000.00	
Public Officials' Liability Insurance	2,329.00				2,329.00	
Management	2,500.00				2,500.00	
Miscellaneous	0.05				0.05	
Web Site Maintenance	125.00				125.00	
Dues, Licenses, and Fees	175.00				175.00	
General Insurance	2,846.00				2,846.00	
Total Expenses	

$8,975.05		

$0.00		

$8,975.05	
Other Revenues (Expenses) & Gains (Losses)						
Total Other Revenues (Expenses) & Gains (Losses)	$0.00		$0.00		$0.00	
Change In Net Assets	($3,800.05)		$0.00		($3,800.05)	

Net Assets At Beginning Of Year	
$1,837.35		
($21,097.50)		
($19,260.15)	

Net Assets At End Of Year	
($1,962.70)		
($21,097.50)		
($23,060.20)	

Page 1 of 1

Laurel Road CDD
Budget to Actual
For the Month Ending 10/31/2021	
Year To Date	
		
Actual			
Budget	
Variance	FY 2022
Adopted Budget	

Revenues												
Developer Contributions
Net Revenues	$	5,175.00

$	5,175.00		$
$	10,112.92
10,112.92		$
$	(4,937.92)
(4,937.92)	$	121,355.00

$	121,355.00	
General & Administrative Expenses
Supervisor Fees
Public Officials' Liability Insurance Trustee Services
Management Engineering Dissemination Agent District Counsel
Assessment Administration Reamortization Schedules Audit
Postage & Shipping Legal Advertising Bank Fees Miscellaneous Office Supplies
Web Site Maintenance Dues, Licenses, and Fees General Insurance	

$	1,000.00
2,329.00
- 2,500.00
-
-
-
-
-
-
-
-
- 0.05
- 125.00
175.00
2,846.00		

$	

1,000.00
206.25
500.00
2,500.00
1,250.00
416.67
1,666.67
625.00
20.83
500.00
25.00
833.33
15.00
41.68
20.83
225.00
14.58
252.08		

$	

- 2,122.75
(500.00)
- (1,250.00)
(416.67)
(1,666.67)
(625.00)
(20.83)
(500.00)
(25.00)
(833.33)
(15.00)
(41.63)
(20.83)
(100.00)
160.42
2,593.92	

$	12,000.00
2,475.00
6,000.00
30,000.00
15,000.00
5,000.00
20,000.00
7,500.00
250.00
6,000.00
300.00
10,000.00
180.00
500.00
250.00
2,700.00
175.00
3,025.00	
Total General & Administrative Expenses	$	8,975.05		$	10,112.92		$	(1,137.87)	
$	121,355.00	

Total Expenses	
  $	8,975.05  		
   $		
10,112.92  		
   $		
(1,137.87)	
  $	121,355.00  	
Net Income (Loss)	$	(3,800.05)		$	-		$	(3,800.05)		$	-	

Page 1 of 1