Fieldstone Community Development District
12051 Corporate Blvd., Orlando, FL 32817
Phone: 407-723-5900, Fax: 407-723-5901
www.fieldstonecdd.com

The meeting of the Board of Supervisors for the Fieldstone Community Development District will be held Wednesday, June 9, 2021 at 1:30 p.m. located at 8141 Lakewood Main Street, Bradenton, FL 34202. 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

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

General Business Matters
Consideration of the Minutes of the May 12, 2021 Board of Supervisors’ Meeting
Review and Consideration of Change Order No.2 Under Specific Authorization No. 23
Review and Consideration of Change Order No. 13, Morgan’s Glen Phases 1 & 2
Review and Consideration of Change Order No. 4, North River Ranch Phases 1C & 1D West
Ratification of Funding Requests 2021-46 – 2021-49
Ratification of Payment Authorizations # 27-30
Ratification of Requisitions Morgan’s Glen Project # 2019-93 – 2019-100
Review of District Financial Statements

Other Business
Staff Reports
District Counsel
District Engineer
District Manager
Audience Comments
Supervisors Requests
Adjournment

FIELDSTONE COMMUNITY DEVELOPMENT DISTRICT

Consideration of the Minutes of the May 12, 2021 Board of Supervisors’ Meeting

MINUTES OF MEETING

FIELDSTONE COMMUNITY DEVELOPMENT DISTRICT BOARD OF SUPERVISORS MEETING
Wednesday, May 12, 2021 at 1:30 p.m. 8141 Lakewood Main Street, Bradenton, FL 34202
Board Members present at roll call via speakerphone or in person: Pete Williams	Chairperson
Sandy Foster	Vice Chairperson
Priscilla Heim	Assistant Secretary
John Blakley	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)
Amanda Lane	PFM Group Consulting, LLC	(via phone) Kevin Plenzler	PFM Financial Advisors, LLC	(via phone)

Ed Vogler	District Counsel- Vogler Ashton   (via phone) Kim Ashton	Vogler Ashton	(via phone) Rob Engle	District Engineer- Stantec	(via phone) Jim Schier	Neal Communities
John McKay	Neal Communities
Janice Snow	Neal Communities
John Leinaweaver	Neal Communities	(via phone)
Tom Panaseny	Neal Communities	(via phone)
Pam Curran	Neal Communities	(via phone) Misty Taylor	Bond Counsel-Bryant Miller Olive
Sete Zare	MBS Capital Markets, LLC	(via phone)

FIRST ORDER OF BUSINESS	Call to Order and Roll Call

Ms. Carvalho called the meeting to order at 2:05 p.m. and proceeded with roll call. The Board Members and Staff in attendance are outlined above.

Public Comment Period

There were no members of the public present.

SECOND ORDER OF BUSINESS	General Business Matters

Consideration of the Minutes of the April 14, 2021 Board of Supervisors’ Meeting

The Board reviewed the Minutes of the April 14, 2021 Board of Supervisors’ Meeting.

On MOTION by Mr. Williams, seconded by Ms. Foster, with all in favor, the Board approved the Minutes of the April 14, 2021 Board of Supervisors’ Meeting.

Consideration of Resolution 2021- 09, Approving a Preliminary Budget for Fiscal Year 2022 and Setting a Public Hearing Date
Ms. Carvalho suggested August 11, 2021 as the public hearing date at this location at 1:30PM. This District still has to go through the process of proposing a budget with the anticipation that most likely the North River Ranch Improvement Stewardship District merger will occur over the summer prior to the beginning of the new fiscal year. There will be notice sent to all the owners about the merger as it relates to Fieldstone CDD and this District assessment have gone on the tax roll.

Ms. Carvalho noted that Ms. Snow previously mentioned there is potential for not sufficient streetlighting. Ms. Snow stated there are also not enough funds for the Activities Director. Ms. Snow stated she needs another 24-48 hours to finalize that line item as she just received the redlined version back on the WTS agreement. There is currently $20,000.00 budgeted but it will be closer to $80,000.00 but it will not exceed $100,000.00. A discussion took place to go with the higher number of $10,000.00.

Mr. Panaseny recommended adjustments on the Field expenses. He recommended
$50,000.00 for Lake Maintenance. He recommended $250,000.00 for Landscape Maintenance.	He	recommended	$50,000.00	for	Streetlights.	He	recommended
$15,000.00 for Maintenance Staff

Ms. Lane calculated the increases for a Total Fiscal Year 2022 Preliminary Budget of
$1,043,826.50.

Ms. Carvalho explained between now and the June meeting the Budget can be revised down before they notice to the owners and it cannot increase after today. All the owners will have an assessment notice with a revision that the District is in the process of merging so the tax bill might be under Fieldstone CDD or the North River Ranch Improvement Stewardship District. There were no other changes to the budget. Ms. Carvalho requested

a motion to approve Resolution 2021-09 setting August 11, 2021 as the Public Hearing date at this location at 1:30PM and approving a Net Revenue Budget of $1,043,826.50.

A discussion took place about the meeting location and possible call in option. Ms. Vogler stated the call in option is ok but District staff should monitor for any criticism on that decision and be flexible about changing it in the future. Ms. Carvalho noted the District can put a provision in the agenda for the upcoming meetings that space is limited. A discussion ensued. Ms. Carvalho will look into a meeting location at Gateway Publix on Moccasin Wallow Rd.

Ms. Lane stated there was one other additional change regarding the Budget. Fieldstone is issuing new Bonds so the Dissemination Agent Fee should go up to $15,000.00 rather than staying at $10,000.00 which would increase the Total Budget to $1,048,826.50.

On MOTION by Mr. Williams, seconded by Mr. Weidemiller, with all in favor, the Board approved Resolution 2021-09, Approving a Preliminary Budget for Fiscal Year 2022 in the amount of $1,048,826.50 and Setting August 11, 2021 as the Public Hearing Date at this location at 1:30PM.

Review and Consideration of Supplemental Assessment Methodology Report

Mr. Plenzler reviewed the Supplemental Assessment Methodology Report. This document is in similar form to what the Board reviewed in its prior meeting and it was adjusted for final pricing. The only table with significant change is Table 4. The Par amount stayed the same but there was a slight reduction in annual assessments associated with a slightly lower interest rate than initially bonded. It takes the net assessments to between $658.00 and $779.00 annually. There were no other significant changes to the document. Ms. Carvalho requested a motion to approve the Supplemental Assessment Methodology Report as presented.

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

Consideration of Resolution 2021- 10, Special Assessment Bonds for Series 2021B

Ms. Ashton explained Resolution 2021-10 supplements Resolution 2019-07 by taking the final Bond pricing numbers for the Series 2021B Bonds applies them to an updated

assessment methodology that the Board just approved dated May 6, 2021 and confirms the final assessments associated with the Series 2021B Bonds for the lands within Phase 1C and 1D West. This confirmation was authorized by the CDD’s prior Resolution 2019- 07 noting that, that Resolution would be updated and supplemented with each Bond closing for final bond price numbers and final assessment numbers.

On MOTION by Mr. Williams, seconded by Ms. Heim, with all in favor, the Board approved Resolution 2021-10, Special Assessment Bonds for Series 2021B Bonds.

Update of WTS Agreement with the District for Onsite Management Services

Ms. Carvalho asked Ms. Snow to provide an update of the conference call they had between the Stewardship District Counsel, Mr. Vogler Fieldstone CDD Counsel and the Counsel representing WTS. Ms. Snow stated she just received the redlined version from WTS before the meeting started. She forwarded to Mr. Vogler and Mr. Johnson. Ms. Snow will follow up with Mr. Johnson outside the meeting and obtain confirmation that he and Mr. Vogler are in agreement with all the changes so the WTS Agreement can be fully executed by Mr. Williams.

Ms. Carvalho questioned will the WTS Agreement be in place with staff onsite by June 1, 2021. Ms. Snow stated that most likely that is too soon and more realistic timeframe be by June 30, 2021. No action was required by the Board.

Letter from Supervisor of Elections - Manatee County

Ms. Carvalho explained the District is required to state on the record the number of registered voters living within the District boundaries. As of April 15, 2021, there are 61 registered voters within the District.

On MOTION by Mr. Williams, seconded by Mr. Blakley, with all in favor, the Board accepted the Letter from the Supervisor of Elections – Manatee County.

Ratification if PRECO Agreement, Morgans Glen 3A

The Board reviewed the PRECO Agreement, Morgans Glen 3A.

On MOTION by Mr. Williams, seconded by Ms. Foster, with all in favor, the Board ratified the PRECO Agreement, Morgans Glen 3A.

Review and Consideration of Change Order No. 12, Woodruff & Sons, Inc.

Mr. Engle presented Change Order No. 12 to the Woodruff & Sons Contract in the increased amount of $104,390.58.

These are extras for the month which include hydroseeding, additional mail kiosks, trails/ walks outside the project area, construction items which were field changes, and change off road base material. The road base was bid as soil cement base and the team decided to change to crushed concrete base. A discussion took place.

On MOTION by Mr. Williams, seconded by Mr. Weidemiller, with all in favor, the Board approved Change Order No. 12 to the Woodruff & Sons Contract in the increased amount of $104,390.58.

Ratification of Funding Requests 2021- 28 – 2021-45

The Board reviewed Funding Requests 2021-28 – 2021-45.

On MOTION by Mr. Williams, seconded by Mr. Blakley, with all in favor, the Board ratified Funding Requests 2021-28 – 2021-45.

Ratification of Payment Authorizations # 22-26

The Board reviewed Payment Authorizations # 22-26.

On MOTION by Mr. Williams, seconded by Mr. Blakley, with all in favor, the Board ratified Payment Authorizations # 22-26.

Ratification of Requisitions Morgan’s Glen Project #2019-84 – 2019-92

The Board reviewed Requisitions Morgan’s Glen Project #2019-84 – 2019-92

On MOTION by Mr. Williams, seconded by Mr. Weidemiller, with all in favor, the Board ratified Requisitions Morgan’s Glen Project #2019-84 – 2019-92.

Review of District Financial Statements

The Board reviewed the District Financial Statements through April 30, 2021.

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

THIRD ORDER OF BUSINESS	Staff Reports

District Counsel –	No Report

District Engineer –	No Report

District Manager –	Ms. Carvalho noted the next Board of Supervisors’ Meeting is scheduled for June 9, 2021.

Audience	Comments	and Supervisor Requests

There were no audience comments or Supervisor requests.

FOURTH ORDER OF BUSINESS	Adjournment

There were no other questions or comments. Ms. Carvalho requested a motion to adjourn the meeting.

On MOTION by Mr. Blakley, seconded by Ms. Foster, with all in favor, the May 12, 2021 Meeting of the Board of Supervisors’ for the Fieldstone Community Development District was adjourned at 2:30 p.m.

Secretary / Assistant Secretary	Chairperson / Vice Chairperson

FIELDSTONE COMMUNITY DEVELOPMENT DISTRICT

Review and Consideration of Change Order No.2 Under Specific Authorization No. 23

May 11, 2021

215615408

Stantec Consulting Services Inc. 6900 Professional Parkway East Sarasota FL 34240-8414
Tel: (941) 907-6900
Fax: (941) 907-6910

Via: E-Mail (carvalhov@pfm.com)

Fieldstone Community Development District c/o PFM Group Consulting, LLC
12051 Corporate Boulevard
Orlando, FL 32817

Attn:	Ms. Vivian Carvalho, District Manager

Reference:	Change Order No. 2 Under Specific Authorization No. 23 Morgan’s Glen Phase 3 – Design and Permitting Project

Dear Ms. Carvalho:
Due to ongoing project needs and changes proposed by the Client. Stantec is requesting approval to proceed with the following additional professional services as follows:
New Task 560 – Topographic Collection Phases IA, IIA and IIB
Stantec will gather topographic information for Phases IA, IIA and IIB on an approximate 50-foot grid, picking up the building pads and other areas where fill has been placed in order to determine a base elevation for the future construction. The topographic datum will be relative to the North American Vertical Datum (NAVD) of 1988. Topographic information will be processed and provided to the Client and Project Engineer in AutoCAD Format. We are requesting a fixed fee budget of $6,000 for this new task.

S.A. Contract to Date	$ 219,600 Increase this Change Order   $    6,000 New Contract Sum	$ 225,600
  Stantec Consulting Services Inc.		Fieldstone Community Development District
  c/o PFM Group Consulting LLC	

  6900 Professional Parkway East		12051 Corporate Blvd	

  Sarasota, FL 34240	

By

    May 11, 2021	
Date

By

  Orlando, FL 32817	

By

Date

    May 11, 2021	
Date

05/11/2021 – JVEGA

SCHEDULE OF FEES
Effective January 1, 2021

Staff Level	Rate	
Level 3	$ 101.00	
Level 4	$ 112.00	
Level 5	$ 127.00	
Level 6	$ 131.00	
Level 7	$ 138.00	
Level 8	$ 148.00	
Level 9	$ 153.00	
Level 10	$ 158.00	
Level 11	$ 172.00	
Level 12	$ 181.00	
Level 13	$ 190.00	
Level 14	$ 200.00	
Level 15	$ 212.00	
Level 16	$ 234.00	
Level 17	$ 241.00	
Level 18	$ 246.00	
Level 19	$ 256.00	
Level 20	$ 265.00	
Level 21	$ 282.00	
1 Person Field Crew	$ 95.00	
2 Person Field Crew	$ 135.00	
3 Person Field Crew	$ 155.00	
4 Person Field Crew	$ 175.00	

Unit billings, such as printing and survey materials, will be billed at standard rates. All other out-of- pocket expenses will be billed at cost +10%.

FIELDSTONE COMMUNITY DEVELOPMENT DISTRICT

Review and Consideration of Change Order No. 13, Morgan’s Glen Phases 1 & 2

Change Order
No.	13	

Date of Issuance:      June 3, 2021	Effective Date:   June 9, 2021	

Project: Morgan’s Glen Phases 1 & 2 (Site Civil) & Phase 3 (Earthwork)	Owner: Fieldstone Community Development District	Owner's Contract No.:	
Contract: $7,407,885.73	Date of Contract: October 14, 2019	
Contractor: Woodruff & Sons, Inc.	Engineer's Project No.: 215614811	
2730

The Contract Documents are modified as follows upon execution of this Change Order:

Description:

Extras for the month of May: pad densities, silt fence, inflow protection, remove damaged curb, pour valley curb,

sidewalk, install meter on bldg side of re-setter, sod, extend reclaimed blowoffs, grade to bridge, earthwork, water repair, restake, valve, flusher.

Attachments: (List documents supporting change):

Woodruff & Sons Proposals, Worksheet for Extras dated 05/25/2021.

		
 	CHANGE IN CONTRACT PRICE:		 	CHANGE IN CONTRACT TIMES:		
Original Contract Price:	Original Contract Times:	 Working days	 Calendar days	
Substantial completion (days or date): 1A: 150 days		
$ 7,407,885.73		Ready for final payment (days or date): 1A: 180 days		
[Increase] [Decrease] from previously approved Change Orders No.	1	to No.   12	:	[Increase] [Decrease] from previously approved Change Orders No.	1	to No.	12	:	
Substantial completion (days):	1A: 90 days		
$ 517,909.68		Ready for final payment (days):     1A: 90 days		

Contract Price prior to this Change Order:	
Contract Times prior to this Change Order:		
Substantial completion (days or date): 1A: 150 days		
$ 7,925,795.41		Ready for final payment (days or date): 1A: 180 days		

[Increase] [Decrease] of this Change Order:	
[Increase] [Decrease] of this Change Order:		
Substantial completion (days or date):  		
$      98,174.75		Ready for final payment (days or date): 		

Contract Price incorporating this Change Order:	
Contract Times with all approved Change Orders:	
Substantial completion (days or date): 1A: 240 days (11/21/2020)		
$ 8,023,970.16		Ready for final payment (days or date): 1A: 270 days (12/21/2020)		

RECOMMENDED:	ACCEPTED:	ACCEPTED:	
By:  		By:  		By:  		
Engineer (Authorized Signature)	Owner (Authorized Signature)	Contractor (Authorized Signature)	
Date:  6/3/2021		Date:  		Date:  		

Approved by Funding Agency (if applicable):    	
V:\2156\active\215614811\civil\construction_phase_documents\change_or	

ders\phases_1_2_3\con_morgans-glen-1-2-3_co-13_98174-75_may-extras_woodru	
Date:
ff_ejcdc_c941_rae_20210603.docx	

EJCDC No. C-941 (2002 Edition)	Page 1 of 1
Prepared by the Engineers' Joint Contract Documents Committee and endorsed by the

WOODRUFF & SONS, INC - WORKSHEET for EXTRAS
P.O. Box 10127, Bradenton, Florida 34282-0127 ~ T# 941.756.1871 ~ F# 941.755.1379 ~ www.woodruffandsons.com
NAME	OF	JOB: Morgan's Glen Phases 1 & 2 (Site Civil) and Phase 3 (Earthwork)		JOB/WORK ORDER NO:	2730

JOB	LOCATION: Fort Hamer Road off Moccasin Wallow Road - Parrish, FL		DATE:	May 25, 2021

NATURE OF JOB: Monthly Extras Outside The Scope Of The Original Contract		REFERENCE NO:
 	   W&S INVOICE NO:	May Extras

BILL TO:     A/R C#     Fieldstone CDD		ORDERED BY:	Tom Panseny COMPANY:   Fieldstone Community Development District		TAX LOCATION:		Manatee ADDRESS:		TAX PERCENTAGE:			7.00%	
			1.00	LS	Pad Densities Phase 1C	$1,782.50	$1,782.50	
			972.00	LF	F&I Silt Fence	$1.41	$1,370.52	
			7.00	EA	Manatee Co Inflow Protection Additional Cost	$80.00	$560.00	
			1.00	LS	Remove Damaged Curb 3A	$857.50	$857.50	
			19.00	LF	Form & Pour Valley Curb	$22.65	$430.35	
			76.00	SY	Phase 3A Sidewalk Quantity Over Contract Amount	$33.09	$2,514.84	
			1.00	LS	Install Meter Adpt. Fitting On Bldg. Side Of Re-setter	$3,450.00	$3,450.00	
			1.00	LS	Remove Sod On North Half Of Berm	$4,395.00	$4,395.00	
			1.00	LS	Extend Reclmd Water Main Beyond Design Location	$1,093.20	$1,093.20	
			1.00	LS	Relocate Reclmd Blow-offs From Design Location	$1,820.00	$1,820.00	
			1.00	LS	Match Trail Grade To Pedestrian Bridge	$305.00	$305.00	
			1.00	LS	Phase 3B Earthwork Deleted From Orig. Contract	$40,511.16	$40,511.16	
			1.00	LS	Material For Water Repair In April (Box & Re-setter)	$146.17	$146.17	
			10,577.00	SY	Additional Sod 3A / 3B	$3.04	$32,154.08	
			1.00	LS	Restake By Surveyor	$810.00	$810.00	
			1.00	LS	Add. Reclmd. Valve & Flusher At Phase Line 2A	$3,081.35	$3,081.35	
			1.00	LS	Add. Potable Flusher At Phase Line 2A	$2,420.58	$2,420.58	
			4.50	HR	Project Management Time For Additional Work	$105.00	$472.50	
								
SUBTOTAL	$98,174.75	
TAX %		
		TOTAL		

DATE	WORKMAN	TICKET #	QTY	UNITS	DESCRIPTION OF WORK	UNIT $	EXTENSION $	

								

FIELDSTONE COMMUNITY DEVELOPMENT DISTRICT

Review and Consideration of Change Order No.
4, North River Ranch Phases 1C & 1D West

Change Order
No.	4	_

Date of Issuance:      June 3, 2021	Effective Date:   June 9, 2021	

Project: North River Ranch Phase 1C & 1D West	Owner: Fieldstone Community Development District	Owner's Contract No.:	
Contract: $7,291,514.51	Date of Contract: 01/04/2021	
Contractor: Jon M Hall Company, LLC	Engineer's Project No.: 215613809	

The Contract Documents are modified as follows upon execution of this Change Order:

Description:

Time extension request due to redesign of MH-75 through MH-72 and weather impacts to critical path in Feb/Mar. Lake 3 Penetration; Weir W-2-1 Rip Rap Retrofit.
Attachments: (List documents supporting change):

John M Hall Company letter dated 6/1/2021. Jon M Hall RCO 006 and 007

		
 	CHANGE IN CONTRACT PRICE:		 	CHANGE IN CONTRACT TIMES:		
Original Contract Price:	Original Contract Times:	 Working days	 Calendar days	
Substantial completion (days or date):	150 Days (6/3/2021)		
$ 7,291,514.51		Ready for final payment (days or date):	180 Days (7/3/2021)		
[Increase] [Decrease] from previously approved Change Orders No.	1	to No.	3	:	[Increase] [Decrease] from previously approved Change Orders No.	1	to No.	3	:	
Substantial completion (days):	26 Days (6/29/2021)	
$(1,476,727.75)	Ready for final payment (days): 26 Days (7/29/2021)		

Contract Price prior to this Change Order:	

Contract Times prior to this Change Order:		
Substantial completion (days or date):	176 Days (6/29/2021)	
$ 5,814,786.76		Ready for final payment (days or date):	206 Days (7/29/2021)		

[Increase] [Decrease] of this Change Order:	
[Increase] [Decrease] of this Change Order:		
Substantial completion (days or date):     15 Days (7/14/2021)		
$	18,545.68		Ready for final payment (days or date): 15 Days (8/13/2021)		

Contract Price incorporating this Change Order:	
Contract Times with all approved Change Orders:	
Substantial completion (days or date):	191 Days (7/23/2021)	
$ 5,833,332.44		Ready for final payment (days or date):	221 Days (8/22/2021)		

RECOMMENDED:	ACCEPTED:	ACCEPTED:	
By:  		By:  		By:  		
Engineer (Authorized Signature)	Owner (Authorized Signature)	Contractor (Authorized Signature)	
Date:   6/3/2021		Date:  		Date:  		

Approved by Funding Agency (if applicable):    			
Date:	

V:\2156\active\215613809\civil\construction_phase_documents\phase_1c_1d_west\change_orders\received\con_fieldstone_nrr-1c-1d-west_co-4_18545-68_15-day-time-ext_rdsgn-mh-72-75_wthr-feb-mar_earthwrk_weir_jon-m-hall-co_rae_20210603.docx

EJCDC No. C-941 (2002 Edition)	Page 1 of 1
Prepared by the Engineers' Joint Contract Documents Committee and endorsed by the

To: Address:	Fieldstone Community Development District Sarasota	Contact:

Phone: Fax:	Robert A Engineer	Engel, PE, District	
Project Name:
Project Location:	North River Ranch Ph 1C 1D West - RCO 006 New Lake 3 Penetration
Moccasin Wallow Rd, Parrish, FL	Bid Number:
Bid Date:	20-752	

Item Description	Estimated Quantity	Unit	Unit Price	Total Price	
Phase 1D West Earthwork					
03 EARTHWORK					
Silt Fence	300.00	LF	$1.20	$360.00	
Silt Fence Double Row	250.00	LF	$2.45	$612.50	
Selective Clearing From Lake 3 To Moccasin Wallow Rd. For Silt Fence And RCP Install	1.00	LS	$5,303.18	$5,303.18	
Total Price for above 03 EARTHWORK Items:	$6,275.68	

Total Price for above Phase 1D West Earthwork Items:	
$6,275.68	

Total Bid Price:	

$6,275.68	
Phase 1D West
Phase 1D West Earthwork	
$6,275.68	
Total Price for above Phase 1D West Items:	$6,275.68	

Notes:
1) RCP to terminate at ROW and be sealed with plywood.
Work to be installed per plan sheet sent to JMH on 4.19.2021
This work will be TV and inspected per Manatee County specifications to the ROW. Future testing and inspection for connection will be by others.
Payment Terms:

Authorized Signature:
Estimator: James Justice
407-215-0410 jjustice@jonmhallcompany.com

CONFIRMED:
Jon M. Hall Company

ACCEPTED:
The above prices, specifications and conditions are satisfactory and are hereby accepted.

Buyer: Signature:
Date of Acceptance:

Payment terms are net 30 days. Overdue amounts will collect interest at 18% APR. Customer agrees to pay any attorney fees associated with collecting unpaid amounts.

To: Address:	Fieldstone Community Development District Sarasota	Contact:

Phone: Fax:	Robert A Engineer	Engel, PE, District	
Project Name:
Project Location:	North River Ranch Ph 1C 1D West - RCO 007 Box Culvert Rip Rap
Moccasin Wallow Rd, Parrish, FL	Bid Number:
Bid Date:	20-752	

Item Description	Estimated Quantity Unit	Unit Price	Total Price

08 STORM SEWER
Outfall Control Structures Weir W-2-1 Rip Rap Retrofit

1.00 LS	$12,270.00	$12,270.00

Authorized Signature:
Estimator: Andrew Kinnear
407-215-0410 akinnear@jonmhallcompany.com

CONFIRMED:
Jon M. Hall Company

ACCEPTED:
The above prices, specifications and conditions are satisfactory and are hereby accepted.

Buyer: Signature:
Date of Acceptance:

Total Price for above 08 STORM SEWER Items:	$12,270.00	

Total Price for above Items:	
$12,270.00	

Total Bid Price:	

$12,270.00	

Notes:
1 ) Rip Rap detail to be installed per Stantec's direction on 4/26/21. Payment Terms:
Payment terms are net 30 days. Overdue amounts will collect interest at 18% APR. Customer agrees to pay any attorney fees associated with collecting unpaid amounts.

June 1st, 2021

Fieldstone Community Development District 5800 Lakewood Ranch Boulevard N Sarasota, FL 34240

Project:	North River Ranch – Phase 1C and 1D West
Located:	Section 17, Township 33 South, Range 19 East

To Whom it May Concern,

Jon M Hall would like to submit the following request for schedule compensation for the re- design of MH-75 and the corresponding downstream structures which was due to an invert issue with the existing structure. This invert issue was forwarded to the engineer on March 8th, 2021 and after re-design of MH-75 through MH-72, work re-commenced on March 25th, 2021. JMH would also like to request schedule compensation for weather impacts that affects sanitary installation (critical path) for the months of February 2021 and March 2021.

Delay Item	Total Days Requested
(Calendar)	
MH-75 through MH-72 Re-Design	9	
Weather	Impacts	to	Critical	Path
(February and March)	6	
Total Days Requested:	15	

AJ Gross
Project Manager
Jon M Hall Company

1400 Martin Luther King Jr. Blvd., Sanford, FL 32771 Phone: 407-215-0410 * Fax: 407-215-0411

FIELDSTONE COMMUNITY DEVELOPMENT DISTRICT

Ratification of Funding Requests 2021-46 – 2021- 49

FIELDSTONE COMMUNITY DEVELOPMENT DISTRICT

Funding Request 2021-46 - 2021-49

PA #	Description	Amount	Total	
				
2021-46	RIPA & Associates	$16,820.00		

			$16,820.00	
				
2021-47	Forterra	$34,370.15		
				
	Fortiline Waterworks	$82,765.20		
				
	John M Hall Compnay	$676,242.73		

			$793,378.08	
				
2021-48	Booth Design Group	$1,512.50		

			$1,512.50	
				
2021-49	Booth Design Group	$670.00		
				
			$670.00	
				
		TOTAL	$812,380.58	

By Amanda Lane at 4:58 pm, May 03, 2021

By Amanda Lane at 4:58 pm, May 03, 2021

By Amanda Lane at 9:47 am, May 10, 2021

By Amanda Lane at 9:47 am, May 10, 2021

FIELDSTONE COMMUNITY DEVELOPMENT DISTRICT

Ratification of Payment Authorizations # 27-30

FIELDSTONE COMMUNITY DEVELOPMENT DISTRICT

Payment Authorizations #27-30

PA #	Description	Amount	Total	
				
27	Frontier	$605.74		
				
	Jan-Pro of Manasota	$895.00		
				
	MarcoLease	$695.00		
				
	Manatee County Utilites Department	$1,039.54		
				
	Peace River Electric Cooperative	$2,864.57		
				
	Southern Land Services of Southwest Florida	$75.00		
				
	Sunrise Landscape	$11,949.10		
				
			$18,123.95	
				
28	Eco-Logic Services	$3,375.00		
				
	Jan-Pro of Manasota	$106.20		
				
	McClatchy Company	$323.20		
				
	S&G Pools	$900.00		
				
	Vogler Ashton	$6,645.50		
				
			$11,349.90	
				
29	MI-BOX Gulf Coast	$189.00		
				
	PFM Group Consulting	$9.55		
				
	Sunrise Landscape	$19,200.00		
				
	Supervisor Fees - 05/12/2021 Meeting	$1,000.00		
				
	VGlobalTech	$100.00		

			$20,498.55	
				
30	Daystar Exterior Cleaning	$1,250.00		
				
	Florida Department of Health	$250.35		
				
	PFM Group Consulting	$3,333.33		
			$4,833.68	
				
		TOTAL	$54,806.08	

By Amanda Lane at 4:58 pm, May 03, 2021

By Amanda Lane at 9:47 am, May 10, 2021

By Amanda Lane at 11:32 am, May 19, 2021

By Amanda Lane at 9:23 am, May 24, 2021

FIELDSTONE COMMUNITY DEVELOPMENT DISTRICT

Ratification of Requisitions Morgan’s Glen Project # 2019-93 – 2019-100

Fieldstone CDD Series 2019 - Morgan's Glen
Summary of Requisition(s): 93

Requisition	Vendor	Amount 	Special Instructions	Submit Payment	

93	

Sunrise Landscape	

$	77,697.05	
Please overnight the payment and include a copy of the pay app(s) (page(s) 6 of the .pdf file) with the payment.	Please overnight the payment to:

Sunrise Landscape
5521 Baptist Church Road Tampa, FL 33610
(813) 985-9381	

Total	$	77,697.05	

Fieldstone CDD Series 2019 - Morgan's Glen
Summary of Requisition(s): 94-95

Requisition	Vendor	Amount 	Special Instructions	Submit Payment	

94	

Booth Design Group	

$	675.00	

Please reference invoice(s) 2709 on the payment.	Booth Design Group
146 Second Street North Suite 302
St. Petersburg, FL 33701	

95	

Windward Building Group	

$	97,537.47	Please include a copy of
the pay app(s) (pages 10, 12, & 14 of the .pdf file) with the payment.	
Windward Building Group, Inc. 650 2nd Ave South
St. Petersburg, FL 33701	

Total	$	98,212.47	

Fieldstone CDD Series 2019 - Morgan's Glen
Summary of Requisition(s): 96-97

Requisition	Vendor	Amount 	Special Instructions	Submit Payment	

96	

Driggers Engineering Services	

$	2,218.00	
Please reference invoice(s) SAL15233 and SAL15243
on the payment.	
Driggers Engineering Services PO Box 17839
Clearwater, FL 33762	

97	

SignPro Studios	

$	16,172.50	Please reference invoice(s)
233-2021 with the payment.	SignPro Studios
827 Victoria Drive
Dunedin, FL 34698	

Total	$	18,390.50	

Fieldstone CDD Series 2019 - Morgan's Glen
Summary of Requisition(s): 98-100

Requisition	Vendor	Amount 	Special Instructions	Submit Payment	

98	

Dewberry Engineers	

$	2,205.00	
Please reference invoice(s) 1967549 on the payment.	Dewberry Engineers
PO Box 821824
Philadelphia, PA 19182-1824	

99	

Onsight Industries	

$	12,506.30	Please reference invoice(s)
006-21-295276-1 on the
payment.	Onsight Industries, LLC
900 Central Park Drive Sanford, FL 32771-6634	

100	

Woodruff & Sons	

$	486,980.10	
Please overnight the payment and reference project 2730 and pay app(s) 16 with the
payment.	Please overnight the payment to:

Woodruff & Sons 6450 31st Street East PO Box 10127
Bradenton, FL 34282-0127	

Total	$	501,691.40	

FIELDSTONE COMMUNITY DEVELOPMENT DISTRICT

Review of District Financial Statements

Fieldstone CDD
Statement of Financial Position As of 5/31/2021

General Fund

Debt Service Fund (S2019, MG)

Debt Service Fund (S2021B)

Construction Fund (S2019, MG)

Construction Fund (S2021B)

Long-Term	Total Debt Fund

Assets

Current Assets
General Checking Account	$123,917.41												$123,917.41	
Accounts Receivable - Due from Developer	10,000.00												10,000.00	
Prepaid Expenses	337.94												337.94	
Deposits	2,000.00												2,000.00	
Debt Service Reserve (Series 2019)			$166,059.83										166,059.83	
Debt Service Reserve (Morgan's Glen)			91,059.51										91,059.51	
Revenue (Series 2019)			228,807.74										228,807.74	
Revenue (Morgan's Glen)			130,447.62										130,447.62	
Interest A1 (Series 2019)			0.13										0.13	
Interest A2 (Series 2019)			0.04										0.04	
Interest A1 (Morgan's Glen)			0.08										0.08	
Interest A2 (Morgan's Glen)			0.02										0.02	
Prepayment A2 (Series 2019)			763,764.57										763,764.57	
Prepayment A2 (Morgan's Glen)			538,104.98										538,104.98	
Sinking Fund A1 (Series 2019)			0.02										0.02	
Sinking Fund (Morgan's Glen)			0.01										0.01	
Interest (Series 2021B)					$74,798.89								74,798.89	
Accounts Receivable - Due from Developer							$251,363.34						251,363.34	
Acquisition/Construction (Series 2019)							24,857.74						24,857.74	
Acquisition/Construction (Morgan's Glen)							259,688.39						259,688.39	
Restricted Acq/Constr (Morgan's Glen)							2.82						2.82	
Acquisition/Construction (Series 2021B)									$3,789,426.11				3,789,426.11	
Cost of Issuance (Series 2021B)									21,700.00				21,700.00	
Total Current Assets	$136,255.35		$1,918,244.55		$74,798.89		$535,912.29		$3,811,126.11		$0.00		$6,476,337.19	

Investments
Amount Available in Debt Service Funds											

$1,993,043.44		

$1,993,043.44	
Amount To Be Provided											19,146,956.56		19,146,956.56	
Total Investments	$0.00		$0.00		$0.00		$0.00		$0.00		$21,140,000.00		$21,140,000.00	
Total Assets	$136,255.35		$1,918,244.55		$74,798.89		$535,912.29		$3,811,126.11		$21,140,000.00		$27,616,337.19	

Fieldstone CDD
Statement of Financial Position As of 5/31/2021

General Fund

Debt Service Fund (S2019, MG)

Debt Service Fund (S2021B)

Construction Fund (S2019, MG)

Construction Fund (S2021B)

Long-Term	Total Debt Fund

	Liabilities and Net Assets		
Current Liabilities
Accounts Payable	
$11,804.49				
$11,804.49	
Accounts Payable			$545,372.97		545,372.97	
Retainage Payable			888,127.41		888,127.41	
Deferred Revenue			251,363.34		251,363.34	
Accounts Payable				$1,566,047.17	1,566,047.17	
Total Current Liabilities	$11,804.49		$0.00		$0.00		$1,684,863.72		$1,566,047.17		$0.00		$3,262,715.38	

Long Term Liabilities
Revenue Bonds Payable - Long-Term											

$21,140,000.00		

$21,140,000.00	
Total Long Term Liabilities	$0.00		$0.00		$0.00		$0.00		$0.00		$21,140,000.00		$21,140,000.00	
Total Liabilities	$11,804.49		$0.00		$0.00		$1,684,863.72		$1,566,047.17		$21,140,000.00		$24,402,715.38	

Net Assets
Net Assets, Unrestricted	

$207,466.74												

$207,466.74	
Current Year Net Assets, Unrestricted	(161,770.89)												(161,770.89)	
Net Assets - General Government	5,970.95												5,970.95	
Current Year Net Assets - General Government	72,784.06												72,784.06	
Net Assets, Unrestricted			$676,334.67										676,334.67	
Current Year Net Assets, Unrestricted			1,241,909.88										1,241,909.88	
													0.00	
Current Year Net Assets, Unrestricted					74,798.89								74,798.89	
Net Assets, Unrestricted							$4,446,290.88						4,446,290.88	
Current Year Net Assets, Unrestricted							(5,595,242.31)						(5,595,242.31)	
													0.00	
Current Year Net Assets, Unrestricted									2,245,078.94				2,245,078.94	
Total Net Assets	$124,450.86		$1,918,244.55		$74,798.89		($1,148,951.43)		$2,245,078.94		$0.00		$3,213,621.81	
														
Total Liabilities and Net Assets	$136,255.35		$1,918,244.55		$74,798.89		$535,912.29		$3,811,126.11		$21,140,000.00		$27,616,337.19	

Fieldstone CDD Statement of Activities As of 5/31/2021

General Fund

Debt Service Fund (S2019, MG)

Debt Service Fund (S2021B)

Construction Fund (S2019, MG)

Construction Fund (S2021B)

Long-Term	Total Debt Fund

Revenues

On-Roll Assessments	$202,072.72												$202,072.72	
Off-Roll Assessments	288,510.42												288,510.42	
Other Assessments	3,858.96												3,858.96	
Developer Contributions	10,152.01												10,152.01	
Other Income & Other Financing Sources	100.83												100.83	
Inter-Fund Transfers In	(161,770.89)												(161,770.89)	
On-Roll Assessments			$350,152.00										350,152.00	
Off-Roll Assessments			734,266.19										734,266.19	
Other Assessments			3,822,638.39										3,822,638.39	
Inter-Fund Group Transfers In			2,875.81										2,875.81	
Debt Proceeds					$74,798.89								74,798.89	
Developer Contributions							$3,878,476.84						3,878,476.84	
Other Income & Other Financing Sources							23,038.42						23,038.42	
Inter-Fund Transfers In							158,895.08						158,895.08	
Other Income & Other Financing Sources									$5,500.00				5,500.00	
Debt Proceeds									3,972,601.11				3,972,601.11	
Total Revenues	$342,924.05		$4,909,932.39		$74,798.89		$4,060,410.34		$3,978,101.11		$0.00		$13,366,166.78	

Expenses

Supervisor Fees	$8,400.00	$8,400.00	
POL Insurance	2,421.00	2,421.00	
Trustee Services	11,183.94	11,183.94	
District Management	26,666.64	26,666.64	
Engineering	40,333.63	40,333.63	
Dissemination Agent	5,000.00	5,000.00	
District Counsel	17,720.00	17,720.00	
Assessment Administration	12,500.00	12,500.00	
Audit	2,500.00	2,500.00	
Postage & Shipping	448.89	448.89	
Legal Advertising	1,306.00	1,306.00	
Miscellaneous	9,075.04	9,075.04	
Property Taxes	47.90	47.90	
Web Site Maintenance	1,700.00	1,700.00	
Dues, Licenses, and Fees	175.00	175.00	

Fieldstone CDD Statement of Activities As of 5/31/2021

General Fund

Debt Service Fund (S2019, MG)

Debt Service Fund (S2021B)

Construction Fund (S2019, MG)

Construction Fund (S2021B)

Long-Term	Total Debt Fund

Electric	10,202.76			10,202.76	
Clubhouse Electric	8,619.64			8,619.64	
Water Reclaimed	6,864.66			6,864.66	
Stormwater - Repair and Maintenance	14,200.00			14,200.00	
Amenity - Cable TV / Internet	5,620.72			5,620.72	
Amenity - Landscape Maintenance	36,920.00			36,920.00	
Amenity - Irrigation Repairs	5,843.35			5,843.35	
Amenity - Pool Maintenance	7,200.00			7,200.00	
Amenity - Janitorial	5,156.11			5,156.11	
Amenity - Pest Control	8,979.08			8,979.08	
Amenity - Equipment Rental	3,544.50			3,544.50	
Amenity - Security	6,990.14			6,990.14	
Equipment Rental	17,214.82			17,214.82	
General Insurance	2,960.00			2,960.00	
Property & Casualty Insurance	14,272.00			14,272.00	
Irrigation - Repair and Maintenance	518.51			518.51	
Lake Maintenance	24,250.00			24,250.00	
Landscaping Maintenance & Material	74,925.40			74,925.40	
Landscape Improvements	14,175.00			14,175.00	
Contingency	250.00			250.00	
Equipment Repair & Maintenance	625.00			625.00	
Cleaning	22,562.50			22,562.50	
Lighting	577.67			577.67	
Principal Payment - S19A1		$150,000.00		150,000.00	
Principal Payment - S19A2		1,880,000.00		1,880,000.00	
Principal Payment - S19A1 Morgan's Glen		85,000.00		85,000.00	
Principal Payment - S19A2 Morgan's Glen		345,000.00		345,000.00	
Interest Payments - S19A1		507,877.50		507,877.50	
Interest Payments - S19A2		167,321.25		167,321.25	
Interest Payments - S19A1 Morgan's Glen		275,020.00		275,020.00	
Interest Payments - S19A2 Morgan's Glen		257,855.00		257,855.00	
Engineering			$324,634.35	324,634.35	
Contingency			9,331,115.63	9,331,115.63	

Fieldstone CDD Statement of Activities As of 5/31/2021

General Fund

Debt Service Fund (S2019,

	MG)				MG)		
Trustee Services									$5,725.00				5,725.00	
Management									10,000.00				10,000.00	
Engineering									16,179.00				16,179.00	
Dissemination Agent									1,000.00				1,000.00	
District Counsel									35,000.00				35,000.00	
Trustee Counsel									11,000.00				11,000.00	
Bond Counsel									40,000.00				40,000.00	
Assessment Administration									25,000.00				25,000.00	
Contingency									1,589,118.17				1,589,118.17	
Total Expenses	$431,949.90		$3,668,073.75		$0.00		$9,655,749.98		$1,733,022.17		$0.00		$15,488,795.80	

Debt Service Fund (S2021B)

Construction Fund (S2019,

Construction Fund (S2021B)

Long-Term	Total Debt Fund

Other Revenues (Expenses) & Gains (Losses)

Interest Income	$39.02												$39.02	
Interest Income			$51.24										51.24	
Interest Income							$97.33						97.33	
Total Other Revenues (Expenses) & Gains (Losses)	$39.02		$51.24		$0.00		$97.33		$0.00		$0.00		$187.59	
Change In Net Assets	($88,986.83)		$1,241,909.88		$74,798.89		($5,595,242.31)		$2,245,078.94		$0.00		($2,122,441.43)	

Net Assets At Beginning Of Year	
$213,437.69		
$676,334.67		
$0.00		
$4,446,290.88		
$0.00		
$0.00		
$5,336,063.24	

Net Assets At End Of Year	
$124,450.86		
$1,918,244.55		
$74,798.89		
($1,148,951.43)		
$2,245,078.94		
$0.00		
$3,213,621.81	

Fieldstone CDD
Budget to Actual
For the Month Ending 05/31/2021

Year To Date

Actual	Budget	Variance

FY 2021
Adopted Budget

Revenues

On-Roll Assessments	$	202,072.72		$	380,943.00		$	(178,870.28)		$	571,414.50	
Off-Roll Assessments	288,510.42		-		288,510.42		-	
Other Assessments	3,858.96		-		3,858.96		-	
Developer Contributions	10,152.01		-		10,152.01		-	
Other Income & Other Financing Sources	100.83		-		100.83		-	
Net Revenues	$	504,694.94		$	380,943.00		$	123,751.94		$	571,414.50	

General & Administrative Expenses

Supervisor Fees	$	8,400.00		$	8,000.00		$	400.00		$	12,000.00	
POL Insurance	2,421.00		1,691.33		729.67		2,537.00	
Trustee Services	11,183.94		4,000.00		7,183.94		6,000.00	
District Management	26,666.64		26,666.67		(0.03)		40,000.00	
Engineering	40,333.63		16,666.67		23,666.96		25,000.00	
Dissemination Agent	5,000.00		6,666.67		(1,666.67)		10,000.00	
District Counsel	17,720.00		16,666.67		1,053.33		25,000.00	
Assessment Administration	12,500.00		8,333.33		4,166.67		12,500.00	
Reamortization Schedules	-		166.67		(166.67)		250.00	
Audit	2,500.00		4,000.00		(1,500.00)		6,000.00	
Arbitrage Calculation	-		800.00		(800.00)		1,200.00	
Postage & Shipping	448.89		66.67		382.22		100.00	
Legal Advertising	1,306.00		3,333.33		(2,027.33)		5,000.00	
Miscellaneous	9,075.04		3,333.33		5,741.71		5,000.00	
Property Taxes	47.90		-		47.90		-	
Web Site Maintenance	1,700.00		1,800.00		(100.00)		2,700.00	
Dues, Licenses, and Fees	175.00		116.67		58.33		175.00	
Activities Director of Fun	-		13,333.33		(13,333.33)		20,000.00	
Maintenance Staff	-		5,333.33		(5,333.33)		8,000.00	
Mitigation	-		800.00		(800.00)		1,200.00	
Stormwater - Repair and Maintenance	-		6,666.67		(6,666.67)		10,000.00	
Total General & Administration Expenses	$	139,478.04		$	128,441.34		$	11,036.70		$	192,662.00	

Fieldstone CDD
Budget to Actual
For the Month Ending 05/31/2021

			Year To Date					
	
Actual		
Budget		
Variance		FY 2021
Adopted Budget	

Brightwood Pavilion - Amenity								
Clubhouse Electric	$	8,619.64		$	4,000.00		$	4,619.64		$	6,000.00	
Clubhouse Water	-		240.00		(240.00)		360.00	
Amenity - Cable TV / Internet / Wi-Fi	5,620.72		4,400.00		1,220.72		6,600.00	
Amenity - Landscape Maintenance	36,920.00		6,666.67		30,253.33		10,000.00	
Amenity - Irrigation Repairs	5,843.35		-		5,843.35		-	
Amenity - Pool Maintenance	7,200.00		7,200.00		-		10,800.00	
Amenity - Exterior Cleaning	5,156.11		4,560.00		596.11		6,840.00	
Amenity - Interior Cleaning	-		3,200.00		(3,200.00)		4,800.00	
Amenity - Pest Control	8,979.08		-		8,979.08		-	
Amenity - Fitness Equipment Leasing	3,544.50		5,560.00		(2,015.50)		8,340.00	
Amenity - Envera Security - 8 monitored Camaras	6,990.14		6,352.00		638.14		9,528.00	
Total Brightwood Pavilion - Amenity
Expenses	$	88,873.54		$	42,178.67		$	46,694.87		$	63,268.00	
Riverfield Verandah - Amenity								
Clubhouse Electric	$	-	$	2,500.00		$	(2,500.00)		$	3,750.00	
Clubhouse Water	-	180.00		(180.00)		270.00	
Amenity - Cable TV / Internet / Wi-Fi	-	2,000.00		(2,000.00)		3,000.00	
Amenity - Landscape Maintenance	-	3,000.00		(3,000.00)		4,500.00	
Amenity - Pool Maintenance	-	4,320.00		(4,320.00)		6,480.00	
Amenity - Exterior Cleaning	-	3,000.00		(3,000.00)		4,500.00	
Amenity - Interior Cleaning	-	2,370.00		(2,370.00)		3,555.00	
Amenity - Envera Security - 8 monitored Camaras	-	3,573.00		(3,573.00)		5,359.50	
Total Riverfield Verandah - Amenity Expenses	 
$	-	$	20,943.00		$	(20,943.00)		$	31,414.50	

Fieldstone CDD
Budget to Actual
For the Month Ending 05/31/2021

Year To Date

Actual	Budget	Variance

FY 2021
Adopted Budget

Field Expenses

Electric	$	10,202.76		$	8,000.00		$	2,202.76		$	12,000.00	
Stormwater - Repair & Maintenance	14,200.00		-		14,200.00		-	
Equipment Rental	17,214.82		6,666.67		10,548.15		10,000.00	
General Insurance	2,960.00		1,879.33		1,080.67		2,819.00	
Property & Casualty Insurance	14,272.00		4,834.00		9,438.00		7,251.00	
Water Reclaimed	6,864.66		10,000.00		(3,135.34)		15,000.00	
Irrigation - Repair and Maintenance	518.51		3,333.33		(2,814.82)		5,000.00	
Lake Maintenance	24,250.00		16,666.67		7,583.33		25,000.00	
Landscaping Maintenance & Material	74,925.40		100,000.00		(25,074.60)		150,000.00	
Landscape Improvements	14,175.00		6,666.67		7,508.33		10,000.00	
Contingency	250.00		-		250.00		-	
Equipment Repair & Maintenance	625.00		3,333.33		(2,708.33)		5,000.00	
Street Sweeping	22,562.50		3,333.33		19,229.17		5,000.00	
Lighting	577.67		1,333.33		(755.66)		2,000.00	
Streetlights - Leasing	-		23,333.33		(23,333.33)		35,000.00	
Total Field Expenses	$	203,598.32		$	189,379.99		$	14,218.33		$	284,070.00	

Total Expenses

  $	431,949.90  

  $	380,943.00	$	51,006.90	$	571,414.50  

Interest Income	$	39.02		$	-	$	39.02		$	-	
Total Other Income (Expense)	$	39.02		$	-	$	39.02		$	-	
Net Income (Loss)	$	72,784.06		$	-	$	72,784.06		$	-	

Income (Loss) from Operations Other Income (Expense)

$	72,745.04	$

-	$	72,745.04	$	-

 

Fieldstone CDD
FY 2022 Approved Proposed O&M Budget

Actual Through 05/31/2021

Year To Date

Anticipated Jun. - Sep.

Anticipated FY 2021 Total

FY 2021
Adopted Budget

FY 2022
Approved Proposed Budget

On-Roll Assessments	$	202,072.72	$	-	$	202,072.72	$  571,414.50	$ 1,048,826.50	
Off-Roll Assessments	288,510.42	93,168.72	381,679.14	-	-	
Other Assessments	3,858.96	-	3,858.96	-	-	
Developer Contributions	10,152.01	-	10,152.01	-	-	
Other Income & Other Financing Sources	100.83	-	100.83	-	-	
Net Revenues	$	504,694.94		$	93,168.72		$	597,863.66		$  571,414.50	$ 1,048,826.50	

Supervisor Fees	$	8,400.00	$	4,000.00	$	12,400.00	$	12,000.00	$	12,000.00	
POL Insurance	2,421.00	-	2,421.00	2,537.00	2,537.00	
Trustee Services	11,183.94	-	11,183.94	6,000.00	12,000.00	
District Management	26,666.64	13,333.36	40,000.00	40,000.00	40,000.00	
Engineering	40,333.63	20,166.82	60,500.45	25,000.00	70,000.00	
Dissemination Agent	5,000.00	5,000.00	10,000.00	10,000.00	15,000.00	
District Counsel	17,720.00	8,860.00	26,580.00	25,000.00	25,000.00	
Assessment Administration	12,500.00	-	12,500.00	12,500.00	12,500.00	
Reamortization Schedules	-	250.00	250.00	250.00	250.00	
Audit	2,500.00	3,500.00	6,000.00	6,000.00	6,000.00	
Arbitrage Calculation	-	1,200.00	1,200.00	1,200.00	1,200.00	
Postage & Shipping	448.89	224.45	673.34	100.00	1,000.00	
Legal Advertising	1,306.00	653.00	1,959.00	5,000.00	5,000.00	
Miscellaneous	9,075.04	4,537.52	13,612.56	5,000.00	10,000.00	
Property Taxes	47.90	-	47.90	-	50.00	
Web Site Maintenance	1,700.00	1,000.00	2,700.00	2,700.00	2,700.00	
Dues, Licenses, and Fees	175.00	-	175.00	175.00	175.00	
Activities Director of Fun	-	6,666.67	6,666.67	20,000.00	100,000.00	
Maintenance Staff	-	2,666.67	2,666.67	8,000.00	15,000.00	
Mitigation	-	400.00	400.00	1,200.00	1,200.00	
Stormwater - Repair and Maintenance	-	3,333.33	3,333.33	10,000.00	10,000.00	
Total General & Administration Expenses	$	139,478.04	$	75,791.81		$	215,269.85		$  192,662.00		$  341,612.00	

Revenues

General & Administrative Expenses

Brightwood Pavilion - Amenity

Clubhouse Electric	$	8,619.64	$	4,309.82	$	12,929.46	$	6,000.00	$	12,000.00	
Clubhouse Water	-	120.00	120.00	360.00	360.00	
Amenity - Cable TV / Internet / Wi-Fi	5,620.72	2,810.36	8,431.08	6,600.00	9,000.00	
Amenity - Landscape Maintenance	36,920.00	18,460.00	55,380.00	10,000.00	60,000.00	
Amenity - Irrigation Repairs	5,843.35	2,921.68	8,765.03	-	10,000.00	
Amenity - Pool Maintenance	7,200.00	3,600.00	10,800.00	10,800.00	10,800.00	
Amenity - Exterior Cleaning	5,156.11	2,578.06	7,734.17	6,840.00	9,000.00	
Amenity - Interior Cleaning	-	1,600.00	1,600.00	4,800.00	4,800.00	
Amenity - Pest Control	8,979.08	4,489.54	13,468.62	-	15,000.00	
Amenity - Fitness Equipment Leasing	3,544.50	1,772.25	5,316.75	8,340.00	8,340.00	
Amenity - Envera Security - 8 monitored Camaras	6,990.14	3,495.07	10,485.21	9,528.00	12,000.00	
Total Brightwood Pavilion - Amenity Expenses	$	88,873.54		$	46,156.77		$	135,030.31		$	63,268.00		$  151,300.00	

Fieldstone CDD
FY 2022 Approved Proposed O&M Budget

Actual Through 05/31/2021

Year To Date

Anticipated Jun. - Sep.

Anticipated FY 2021 Total

FY 2021
Adopted Budget

FY 2022
Approved Proposed Budget

Riverfield Verandah - Amenity

Clubhouse Electric	$	-	$	1,250.00		$	1,250.00		$	3,750.00		$	3,750.00	
Clubhouse Water	-	90.00		90.00		270.00		270.00	
Amenity - Cable TV / Internet / Wi-Fi	-	1,000.00		1,000.00		3,000.00		3,000.00	
Amenity - Landscape Maintenance	-	1,500.00		1,500.00		4,500.00		4,500.00	
Amenity - Pool Maintenance	-	2,160.00		2,160.00		6,480.00		6,480.00	
Amenity - Exterior Cleaning	-	1,500.00		1,500.00		4,500.00		4,500.00	
Amenity - Interior Cleaning	-	1,185.00		1,185.00		3,555.00		3,555.00	
Amenity - Envera Security - 8 monitored Camaras	-	1,786.50		1,786.50		5,359.50		5,359.50	
Total Riverfield Verandah - Amenity Expenses	 
$	-	$	10,471.50		$	10,471.50		$	31,414.50		$	31,414.50	

Field Expenses

Electric	$	10,202.76		$	5,101.38		$	15,304.14		$	12,000.00		$	14,000.00	
Stormwater - Repair & Maintenance	14,200.00		7,100.00		21,300.00		-		25,000.00	
Equipment Rental	17,214.82		8,607.41		25,822.23		10,000.00		30,000.00	
General Insurance	2,960.00		1,480.00		4,440.00		2,819.00		5,000.00	
Property & Casualty Insurance	14,272.00		7,136.00		21,408.00		7,251.00		25,000.00	
Water Reclaimed	6,864.66		3,432.33		10,296.99		15,000.00		10,000.00	
Irrigation - Repair and Maintenance	518.51		259.26		777.77		5,000.00		1,000.00	
Lake Maintenance	24,250.00		12,125.00		36,375.00		25,000.00		50,000.00	
Landscaping Maintenance & Material	74,925.40		37,462.70		112,388.10		150,000.00		250,000.00	
Landscape Improvements	14,175.00		7,087.50		21,262.50		10,000.00		25,000.00	
Contingency	250.00		125.00		375.00		-		500.00	
Equipment Repair & Maintenance	625.00		312.50		937.50		5,000.00		1,000.00	
Street Sweeping	22,562.50		11,281.25		33,843.75		5,000.00		37,000.00	
Lighting	577.67		288.84		866.51		2,000.00		1,000.00	
Streetlights - Leasing	-		11,666.67		11,666.67		35,000.00		50,000.00	
Total Field Expenses	$	203,598.32		$  113,465.83		$	317,064.15		$  284,070.00		$  524,500.00	

Total Expenses

  $	431,949.90  

  $  245,885.90	$	677,835.80	$  571,414.50	$ 1,048,826.50  

Interest Income	$	39.02		$	19.51		$	58.53		$	-	$	-	
Total Other Income (Expense)	$	39.02		$	19.51		$	58.53		$	-	$	-	
Net Income (Loss)	$	72,784.06		$ (152,697.67)		$	(79,913.61)		$	-	$	-	

Income (Loss) from Operations Other Income (Expense)

$	72,745.04

$   (152,717.18)	$

(79,972.14)	$	-	$	-