Rolling Oaks

Community Development District

Agenda

June

14,

2018

A

GE

NDA

Rolling

Oaks

Community Development District

135 W.

Central Blvd., Suite 320, Orlando, Florida Phone: 407-841-5524- Fax: 407-839-1526

32801

June

7,

2018

Board of Supervisors

Rolling Oaks Community

Development District

Dear Board Members:

The meeting of the Board of	of Rolling Oaks				
	Supervisors					
will be held			Community Development		
Thursday, June 14, 2018 at			Crossing Community		
	12:00 PM at the Heritage			
7715  Heritage  Crossing Way,  Reunion,  Florida.	Following  is	the	advance  agenda		
meeting:							

District

Center,

for	the

1.

2.

3.

4.

7.

8.
5.

6.

9.

		Board of					
Roll Call	Supervisors Meeting		
						
Public Comment Period					
Approval of Minutes of the May 10,	2018	Meeting			
Consideration of Resolution 2018-04	Approving the	Proposed		
2019 and Setting a Public Hearing				
					
Appointment of Audit Committee and Chairman			
Staff Reports						
A.	Attorney					
B.	Engineer					
C.	District Manager's Report					
							
	i.	Balance Sheet and Income Statement			
	ii.	Consideration of Funding	Request #8			
Supervisor's Requests					
Next Meeting Date					
Adjournment						

Budget

for Fiscal Year

1.

2.

3.

4.

Roll Call	Audit Committee Meeting		
			
Public Comment Period			
Audit Services			
A.	Approval of Request for Proposals and Selection Criteria		
				
B.	Approval of			
	Notice of Request for		
		Proposals for Audit Services		
C.	Public Announcement of Opportunity to Provide Audit Services		
Adjournment			

The second order of business of the Board of	Supervisors meeting is	
where the public has an opportunity to be heard on propositions	
reflected on the agenda, and any other items.		

the Public Comment Period coming before the Board as

The third order of business minutes are enclosed for your

is approval review.

of the minutes  of the

May

10, 2018 meeting.	The

The fourth order of							
	business is the consideration of		approving the proposed		
budget for Fiscal Year 2019 and		Resolution 2018-04			
	setting a public hearing. Once	approved,	the budget will be		
transmitted						
	to the governing authorities					
		at least 60 days prior to the	final	budget hearing. A		
copy of the	Resolution is enclosed for your review and a copy of the	proposed budget will be		
provided under separate cover.							

The fifth no back-

order of business up material.

is

the

appointment

of the

Audit

Committee

and

Chairman.	There is

Section balance request

C of the sixth order of		
business is the District Manager's	
	Report.  Section 1 includes the	
sheet and income statement for your review. Section 2 is the consideration of funding	
#8. The funding		
request is enclosed for your review.		

Following the adjournment of the Board of Supervisor's meeting, there will be a meeting of the Audit Committee to approve the Request for Proposals and selection criteria and the notice of RFP for auditing services. Enclosed for your review are copies of the RFP, selection criteria, and RFPnotice.

The balance of the agenda will questions, please contact me.

be

discussed

at

the meeting.

In

the

meantime,

if

you

have

any

Sincerely,

George District

S. Flint

Manager

CC:	Mark Straley, District Counsel

Dave Schmitt, District Engineer

Steve Sanford, Bond Counsel
Jon Kessler, Underwriter
Robert Smith, Trustee

Enclosures

BOARD OF SUPERVISORS

MEETING

M INUTES

MINUTES OF MEETING

ROLLING OAKS

COMMUNITY DEVELOPMENT DISTRICT

The  regular	meeting	of the  Board	of	Supervisors  of the  Rolling		
						
Development District was held			the		
		Thursday, May 10, 2018 at 12:00 p.m. at			
Community Center, 7715 Heritage Crossing Way, Reunion, Florida.			
Present and constituting a quorum were:				
John Chiste				Chairman			
Jared Bouskila			Vice Chairman			
Peter Brown				Assistant Secretary			
Cora DiFiore				Assistant Secretary by phone		
Sarnir Yajnik				Assistant Secretary by phone		
Also present were:						
George Flint				District Manager			
Vivek Babbar				District Counsel by phone			

Oaks Community Heritage Crossing

FIRST ORDER OF BUSINESS

Roll Call

Mr. Flint called the meeting to order and called the roll.

SECOND ORDER OF BUSINESS

Public Comment Period

There being none, the next item followed.

THIRD ORDER OF BUSINESS

Approval of the 2018 Meeting

Minutes

of

the February 8,

On MOTION by favor the minutes presented.

Mr. Chiste seconded by Mr. Bouskila with all of the February 8, 2018 meeting were approved

in

as

FOURTH

ORDER

OF

BUSINESS

Consideration	of	Resolution	2018	
Approving and Ratifying the Recording of	
Amended Notice of Establishment		

-03 the

May

IO,

2018

Rolling

Oaks

CDD

Mr.

the County

has already

Babbar stated the District needs to record an amended			
Notice of Establishment once		
approves the	It		
contraction of the District and we need to formalize that by resolution.			
been recorded in the public records and this resolution ratifies that action.			
On MOTION by Mr. Chiste seconded by Mr. Bouskila with all in			
favor Resolution 2018-03 was approved.			

FIFTH ORDER OF BUSINESS	Staff Reports	
A.	Attorney		
Mr.	Babbar		
	stated I have been communicating with the	
		attorney for the developer of the	
water park and they are looking to install some crosswalks or paths on District owned waterways	
now that the plat has been recorded and we will be expecting an easement in the coming months	
and once	e have lhat we will revi	wit and present it to the Board for approval at that time.	

B.

Engineer

There being none, the next item followed.

C.

Manager		
i.	Balance Sheet and Income Statement		

A

copy

of

the balance sheet and income

statement were

included

in

the agenda package.

ii.

Ratification

of

Funding Requests

5

&

6

On MOTION by Mr. Chiste seconded by favor funding requests 5 & 6 were ratified.

Mr.

Bouskila with all in

iii.

Consideration

of

Funding Request #7

On MOTION by Mr. Chiste seconded by Mr. Bouskila with all in favor funding request no. 7 was approved.

iv.

Presentation

of

Number

of

Registered Voters -	110	

2

May 10, 2018

Rolling

Oaks

CDD

Mr. Flint stated there is a letter from the Supervisor of Elections indicating 110 registered voters residing within the District and we will get with them to make using the revised legal description because it should be zero at this point.

that there are sure they are

SEVENTH ORDER OF BUSINESS	Supervisor's Requests	
There being none, the next item followed.	
EIGHTH ORDER OF BUSINESS	Next Meeting Date	
Mr. Flint stated the next		
meeting will be held June 14, 2018.  We will have the proposed	
budget on that agenda and in the		
meantime I will get with Mr. Brown to talk about maintenance	
expenses and work on getting an estimated O&M	
	assessment ready for that agenda assuming the	
Board wants to impose		
O&M for next year, which it sounds like based on the absorption schedule	
that would be the case.		

On	Chiste seconded by		
MOTION by Mr.			
favor the meeting adjourned at 12:08 p.m.		

Mr.

Bouskila

with

all in

Secretary/Assistant Secretary	Chairman/Vice Chairman	

3

SECTION

IV

			RESOLUTION 2018-04			
	A RESOLUTION OF THE BOARD OF				
				SUPERVISORS OF THE ROLLING		
	OAKS  COMMUNITY  DEVELOPMENT  DISTRICT  APPROVING  A		
	PROPOSED BUDGET FOR FISCAL YEAR	2018/2019	AND SETTING A		
	PUBLIC  HEARING   THEREON   PURSUANT  TO   FLORIDA  LAW;		
	ADDRESSING   TRANSMITTAL,   POSTING   AND    PUBLICATION		
	REQUIREMENTS;  ADDRESSING  SEVERABILITY;  AND  PROVIDING		
	AN EFFECTIVE DATE.					
	WHEREAS, the District	Manager has heretofore prepared and		
Supervisors					submitted to the Board of		
	("Board") of the Rolling Oaks				
				Community Development		
to June 15, 2018, a					District ("District") prior		
1,	proposed budget ("Proposed Budget") for the fiscal year beginning October		
	2018 and							
	ending September 30, 2019	("Fiscal Year 2018/2019");	and		
							
	WHEREAS, the	Board has considered the Proposed Budget and desires to set the required		
public hearing thereon.			
							
	NOW,   THEREFORE,   BE   IT   RESOLVED   BY   THE   BOARD   OF		
	SUPERVISORS	OF	THEROLLINGOAKSCOMMUNITY		
	DEVELOPMENT DISTRICT:					

1.	PROPOSED BUDGET	APPROVED.	The Proposed		
					
District Manager for Fiscal Year 2018/2019	attached hereto as Exhibit		
the basis for conducting a public hearing to adopt said Proposed Budget.		

Budget prepared by the A is hereby approved as

2.

Budget is

SETTING hereby declared

A PUBLIC HEARING. and set for the following

A public hearing on said approved Proposed date, hour and location:

DATE:	August 16, 2018

HOUR:	12:00 p.m.

LOCATION:	Heritage Crossing Community Center

7715 Heritage Crossing Way

Reunion, FL 34747

3.	TRANSMITTAL  OF  PROPOSED  BUDGET  TO  LOCAL		
			
PURPOSE		
	GOVERNMENT. The District Manager is hereby directed to submit		
Proposed Budget to Osceola County at least 60 days prior to the hearing set above.		

GENERAL a copy of the

4.	POSTING OF PROPOSED BUDGET.	In	accordance with Section 189.016,		
Florida					
					
Statutes, the District's Secretary is				
	further directed to post the approved Proposed Budget		
on the District's				
	website at least two days before the budget hearing date as set forth in Section 2,		
and shall remain on the website for at least 45 days.				

5.

in the manner

PUBLICATION OF NOTICE.

prescribed in Florida law.

Notice

of

this public

hearing

shall be published

6.	SEVERABILITY.	The	invalidity  or  unenforceability		
					
provisions of this				
				
	Resolution shall not affect the		
of this			validity or enforceability of		
Resolution, or any part thereof.			

of the

any one remaining

or more portions

7.

adoption.

EFFECTIVE	DATE.

This	Resolution	shall	take

effect

immediately	upon

PASSED AND ADOPTED THIS

14

th

DAY OF JUNE, 2018.

ATTEST:

ROLLING OAKS COMMUNITY

DEVELOPMENT DISTRICT

Secretary

By:	----		
			
Its:	-------  ---		
--		
	------  -----  -		

Exhibit

A:

This

item

will

be

provided

under separate cover

SECTION

VI

SECTION

C

SECTION

1

•	•	•	•	•	•	•	•

Ce	...V       e".>
·:	:·
• • •

Rolling Oaks

Community Development District

•

Unaudited Financial Reporting

April 30, 2018

•	•	•	•

•

•

•	•

•	•

-~w--!\
.....	-

•	•	•	•	•

1

2

3

4

5

6

7

8

Table of Contents

Balance Sheet

General Fund Income Statement

Debt Service Income Statement

Capital Projects Income Statement

Month to Month

Developer Contributions Schedule

Long Term Debt Summary

Series 2016 Construction Schedule

ROLLING OAKS

COMMUNITY DEVELOPMENT PISTRICT

BALANCE SHEET

April 30, 2018

ASSETS:

CASH ·

INVESTMENTS

SERIES 2016

REVENUE

RESERVE

CAPITALIZED INTEREST

CONSTRUCTION

COSTS OF ISSUANCE

DUE FROM DEVELOPER

TOTAL ASSETS

LIABILITIES:

ACCOUNTS PAYABLE

FUND EQUITY:

FUND BALANCES:

RESTRICTED FOR DEBT SERVICE

RESTRICTED FOR CAPITAL PROJECTS

UNASSIGNED

General

Fund

$11,173

--

---

---

---

---

$10,944

$22,118

$10,944

---

---

$11,173

Debt Service

Fund

---

$450,378

$1,136,493

$3,035
--
---

---

$1,589,905

---

$1,589,905

---

---

Capital Projects

·Fund

---

---

---

---

$110,865

$17,356

---

$128,221

---

--

$128,221

---

Totals

$11,173

$450,378

$1,136,493

$3,035

$110,865

$17,356

$10,944

$1,740,243

$10,944

$1,589,905

$128,221

$11,173

TOTAL LIABILITIES & FUND EQUITY

$22,118	$1,589,905	

$128,221

$1,740,243

REVENUES:	
DEVELOPER CONTRIBUTIONS/ASSESSMENTS	
TOTAL	REVENUES	
EXPENDITURES:	
ADMINISTRATIVE:	
SUPERVISORS FEES	
FICA EXPENSE	
ENGINEERING	
ATTORNEY	
ARBITRAGE	
DISSEMINATION	
ASSESSMENT ADMINISTRATION	
ANNUAL AUDIT	
TRUSTEE FEES	
MANAGEMENT FEES	
INFORMATION TECHNOLOGY	
TELEPHONE	
POSTAGE	
INSURANCE	
PRINTING & BINDING	
LEGAL ADVERTISING	
OTHER	CURRENT CHARGES	
OFFICE	SUPPLIES	
DUES, LICENSE & SUBSCRITIONS	
TOTAL EXPENDITURES	
EXCESS REVENUES (EXPENDITURES)	
FUND BALANCE - Beginning	
FUND BALANCE - Ending	

ROLLING OAKS

COMMUNITY DEVELOPMENT DISTRICT

GENERAL FUND

Statement of Revenues & Expenditures

For The Period Ending April 30, 2018

ADOPTED	PRORATED BUDGET

BUDGET	THRU 4/30/18

$120,105	·$70,061

$120,105	$70,061

$12,000	$7,000	
$918	$536	
$12,000	$7,000	
$25,000	$14,583	
$600	$350	
$3,500	$2,042	
$10,000	$5,833	
$5,000	$2,917	
$4,000	$2;333	
$3S,OOO	$20,417	
$600	$350	
$300	$175	
$1,212	$707	
$5,800	$5,800	
$1,200	$700	
$2,000	$763	
$500	$292	
$300	$175	
$175	$175	
$120,105	$72,147	
0		
so		
$0		

ACTUAL

THRU 4/30/18

$45,465

$45,465

$2,600

$199

$0

$12,650

$0

$2,042

$0

$0

$0

$20,417

$350

$6

$20S

$5,750

$221

$763

$0

$87

$175

$45,465

0

Sll,173

$11,173

VARIANCE

($24,596)

($24,596)

$4,400

$337

$7,000

$1,933

$350

($0)

$5,833

$2,917

$2,333

($0)

$0

$169

$502

$SO

$479

$0

$292

$88

$0

$26,682

2

ROLLING OAKS

COMMUNITY DEVELOPMENT DISTRICT

DEBT SERVICE FUND

Statement of Revenues & Expenditures

For The Period Ending April 30, 2018

ADOPTED	PRORATED BUDGET

BUDGET	THRU 4/30/18

ACTUAL

THRU 4/30/18

VARIANCE

REVENUES:			
ASSESSMENTS			
INTEREST			
TOTAL REVENUES	
EXPENDITURES:			
Series2016			
INTEREST - 11/01		
PRINCIPAL - 11/01	
INTEREST - 05/01		
TOTAL EXPENDITURES	
EXCESS REVENUES (EXPENDITURES)	
FUND BALANCE	-	Beginning	
FUND BALANCE	-	Ending	

$1,124,300	$0	$450,378	$450,378		
$0	$0	$7,937	$7,937		
					
$1,124,300	$0	$458,315	$458,315		

$450,378	$450,378	$450,378	$0		
$0	$0	$0	$0		
$450,378	$0	$0	$0		
$900,756	$450,378	$450,378	$0		
					
$223,544		$7,937			
$451,515		$1,581,968			
$675,058		$1,589,905			

3

ROLLING OAKS

COMMUNITY DEVELOPMENT DISTRICT

.CAPITAL PROJECTS FUND

Statement of Revenues & Expenditures

For The Period Ending April 30, 2018

ADOPTED	PRORATED BUDGET

BUDGET	THRU 4/30/18

ACTUAL

THRU 4/30/18

VARIANCE

REVENUES:			
INTEREST			
TOTAL REVENUES		
EXPENDITURES:			
Serles 2016			
CAPITAL OUTLAY -	CONSTRUCTION	
CAPITAL OUTLAY -	COSTS OF ISSUANCE	
TOTAL EXPENDITURES	
EXCESS REVENUES	(EXPENDITURES}	
FUND BALANCE	- Beginning	
FUND BALANCE	• Ending	

$0	$0	$13,904	$13,904		
					
$0	$0	$13,904	$13,904		

$0	$0	$13,193,250	($13,193,250)		
					
$0	$0	$0	$0		
					
$0	$0	$13,193,250	($13,193,250)		
					
$0		($13,179,345)			
$0		$13,307,566			
$0		$128,221			

4

REVENUES:			
DEVELOPER CONTRIBUTIONS/ASSESSMENTS			
TOTAL REVENUES	I		
			
EXPENDITURES:			
ADMINISTlfAnVE:			

Oct

$11,042

Sll,042

Nov

$6,534

S6,s34

		ROLLING OAKS			
	Community Development District		
Dec	Jan	Feb	March		April	
$6,229	$6,228	$5,458	$6,085	$3,889	
$6,229	$6,228	SS,458	$6,085	$	3,889	

May

$0

so

June

$0

$0

July

$0

so

Aug

$0

so

Sept	Total				
$0	$45	,465		
so	S4	5,465	I	

SUPERVISOR FEES			
FICA EXPENSE			
ENGINEERING			
ATTORNEY			
ARBITRAGE			
DISSEMINATION			
ASSESSMENT ADMINISTRATION			
ANNUAL AUDIT			
TRUSTEE FEES			
MANAGEMENT FEES			
INFORMATION TECHNOLOGY			
TELEPHONE			
POSTAGE			
INSURANCE			
PRINTING & BINDING			
LEGAL ADVERTISING			
OTHER CURRENT CHARGES			
OFFICE SUPPLIES			
DUES, LICENSES & SUBSCRIPTIONS			
TOTAL EXPENDITURES	I		
			
EXCESS REVENUES (EXPENDITURES)	I		

$800

$61

$0

$1,600

$0

$292

$0

$0

$0

$2,917

$50

$0

$87

$5,750

$58

$0

$0

$28

$175

$11,817

($775)

$0

$0

$0

$1,675

$0

$292

$0

$0

$0

$2,917

$SO

$0

$5

$0

$40

$763

$0

$18

$0

$5,759

$775

$0

$0

$0

$2,963

$0

$292

$0

$0

$0

$2,917

$50

$0

$0

$0

$7

$0

$0

$0

$0

$6,229

($0)

$1,800

$138

$0

$2,048

$0

$292

$0

$0

$0

$2,917

$50

$0

$60

$0

$0

$0

$0

$0

$0

$7,305

($1,077)

$0

$0

$0

$1,020

$0

$292

$0

$0

$0

$2,917

$50

$0

$36

$0

$47

$0

$0

$21

$0

$4,382

$1,077

$0

$0

$0

$2,714

$0

$292

$0

$0

$0.

$2,917

$50

$6

$16

$0

$70

$0

$0

$20

$0

$6,085

$0

$0

$0

$0

$630

$0

$292

$0

$0

$0

$2,917

$50

$0

$0

$0

$0

$0

$0

$0

$0

$3,889

$0

$0

$0

$0

$0

$0

$0

$0

$0

$0

$0

$0

$0

$0

$0

$0

$0

$0

$0

$0

$0

$0

$0

$0

$0

$0

$0

$0

$0

$0

$0

$0

$0

$0

$0

$0

$0

$0

$0

$0

$0

$0

$0

$0

$0

$0

$0

$0

$0

$0

$0

$0

$0

$0

$0

$0

$0

$0

$0

$0

$0

$0

$0

$0

$0

$0

$0

$0

$0

$0

$0

$0

$0

$0

$0

$0

$0

$0

$0

$0

$0

$0

so

$0

$0

$0	$2,600			
$0	$199			
$0		$0			
$0	$12,650			
$0		$0			
$0	$2,042			
$0		$0			
$0		$0			
$0		$0			
$0	$20,417			
$0	$350			
$0		$6			
$0	$205			
$0	$5,750			
$0	$221			
$0	$763			
$0		$0			
$0		$87			
$0	$17S			
$0	$45	,46s	1		
$0		1so1	I		

5

Funding	Prepared	
Request	Date	
#		
12	8/8/16	
13	8/30/16	
14	9/30/16	
1	10/26/16	
2	11/30/16	
3	12/19/16	
4	1/31/17	
5	2/28/17	
6	3/24/17	
7	4/28/17	
8	5/31/17	
9	6/20/17	
10	7/5/17	
11	8/25/17	
12	9/25/17	
1	10/5/17	
2	12/5/17	
3	12/21/18	
4	1/29/18	
5	2/14/18	
6	3/26/18	
7	4/25/18	
8	5/31/18	
IDue from Developer	
Total Developer Contributions FY18	

Payment

Received

Date

9/8/16

9/22/16

12/23/16

12/23/16

12/29/16

12/23/16

3/6/17

3/6/17

4/11/17

5/18/17

6/13/17

7/6/17

7/15/17

10/16/17

10/4/17

11/15/17

1/5/18

1/5/18

2/26/18

3/5/18

5/24/18

5/10/18

$

$

$

$

$
$
$
$
$
$
$

$

$

$
$

$
$
$
s
$

s

		ROLLING	OAKS						
		Community Development District						
Developer Contributions/Due from Developer					
Check		Total		General		General		General		
Amount		Funding		Fund		Fund		Fund		
		Request		Portion (16)		Portion (17)		Portion (18)		
14,888.25	$	14,888.25	$	9,635.25	$	5,253.00	$			
1,902.14	$	1,902.14	$	1,902.14	$		$			
6,196.79	$	6,196.79	$	6,196.79	$		$			
3,956.23	$	3,956.23	$	674.25	$	3,281.98	$			
8,698.67	$	8,698.67	$		$	8,698.67	$			
3,064.86	$	3,064.86	$		$	3,064.86	$			
4,403.35	$	4,403.35	$		$	4,403.35	$			
14,312.74	$	14,312.74	$		$	14,312.74	$			
5,730.29	$	5,730.29	$		$	5,730.29	$			
3,382.97	$	3,382.97	$		$	3,382.97	$			
4,244.75	$	4,244.75	$		$	4,244.75	$			
4,445.34	$	4,445.34	$		$	4,445.34	$			
3,913.35	$	3,913.35	$		$	3,913.35	$			
9,380.03	$	9,380.03	$		$	3,630.03	$	5,750.00		
5,087.53	$	5,087.53	$		$	5,087.53	$			
										
3,557.28	$	3,557.28	$		$	207.10	$	3,350.18		
5,599.29	$	5,599.29	$		$	336.25	$	5,263.04		
6,478.11	$	6,478.11	$		$		$	6,478.11		
9,190.96	$	9,190.96	$		$		$	9,190.96		
4,438.29	$	4,438.29	$		$		$	4,438.29		
	$	7,105.37	$		$		$	7,105.37		
	$	3,888.84	$		$		$	3,888.84		
	s	4,656.07	$		$		s	4,656.07		
										
122,871.22	$	138,521.50	$	18,408.43	$	69,992.21	$	50,120.86		
	_l_	50,120.86								

$
$
$
$
$
$
$

$

$

$

$

$
$
$
$
$
$
$

$

$

$

$

$

$

Due

from

Capital

	Over and	
	(short)	
	Balance Due	
$		
$		
$		
$		
$		
$		
$		
$		
$		
$		
$		
$		
$		
$		
$		
$		
$		
$		
$		
$		
$	7,105.37	
$	3,888.84	
$	4,656.07	
$	15,650.28	

*FY16	column does not Include Funding Requests #1-11.	

6

ROLLING

OAKS

COMMUNITY

DEVELOPMENT

DISTRICT

LONG

TERM

.DEBT

REPORT

SERIES

2016,

SPECIAL

ASSESSMENT

BONDS

INTEREST RATES:

MATURITY DATE:

RESERVE FUND DEFINITION

RESERVE FUND REQUIREMENT

RESERVE FUND BALANCE

4.500%, 5.250%, 5.875%, 6.000%

11/1/2047

MAXIMUM ANNUAL DEBT SERVICE

$1,124,706

$1,129,272

BONDS

OUTSTANDING

-12/15/16

$15,640,000

CURRENT

BONDS

OUTSTANDING

$15,640,000

7

Rolling

Oaks

Community

Development

District

Special

Assessment

Bonds,

Series

2016

Date	Requisition #	
Fiscal Year 2017		
7/11/17		
Fiscal Year 2017		
12/1/16	Interest	
171/17	Interest	
2/1/17	Interest	
3/1/17	Interest	
4/1/17	Interest	
5/1/17	Interest	
6/1/17	Interest	
7/1/17	Interest	
8/1/17	Interest	
9/1 / 17	Interest	

Contractor	Description

GMS-CF, LLC	lnvolce#29 - FY2017 Construction Accounting

TOTAL

TOTAL

Acquisition/Construction Fund at 12/15/16

Interest Earned thru 11/30/17

Requisitions Paid thru 10/31/17

Remaining Acquisition/Construction Fund

Requisitions	
$3,500.00	
$3,500.00	
	$0.00	
	$0.00	
$2,331.71	
$4,531.59	
$5,678.82	
$6,488.93	
$7,085.26	
$8	,081.42	
$9,586.41	
$9,956.28	
$53,740.42	
$13,240,079.92	
$S3,740A2	
($3,500.00)	
$13,290,320.34	

Date		Requisition #	
Fiscal Year	2018		
11/10/17	2	

Contractor

Roling Oaks Splernfld, LLC

TOTAL

Description	Requisitions

Completion of Roadway, Drainage, and Utility Infrastructure	$13, 193,249.89

$13,193,249.89

Fiscal Year 2018

10/1/17
11/1/17
12/1/17
1/31/18
2/28/18
3/31/18
4/30/18

Interest
Interest
Interest
Interest
Interest
Interest
Interest

TOTAL

Acquisition/Construction Fund at f19/3"/2017

Interest Earned thru 4/3"/18

Requisitions Paid thru 4/30/18

Remaining Acquisition/Construction Fund

$10,212.06
$3,048.46
$85.93
$100.50
$112.15
$105.23
$129.82

$13,794.15

$13,290,320.34

$13,794.15

($13,193,249.89)

$110,864.60

8

SECTION

2

Rolling Oaks

Community Development District

	Payee			
1	Fedex			
	lnv#6-182-05719 - Delivery- May 2018		
2	Governmental Management Services-CF, LLC		
			
	Inv# 43 - Management	Fees - May 2018		
3	Straley Robin Vericker			
	Inv# 15730 - General Counsel - May 2018		
4	Supervisor Fees			
	May 10,2018			
	Peter Brown			
	Jared Bouskila			
	Cora DiFiore			
	John Chiste			
	Samir Yajnik			

Please make check payable to:

Rolling Oaks Community Development District

1412 S. Narcoossee Road

St.Cloud, FL 34771

FY18 Funding Request #8

May 31, 2018

General Fund

FY2018

	$	63.22		
	$	3,291.35		
	$	225.00		
	$	215.30		
	$	215.30		
	$	215.30		
	$	215.30		
	$	215.30		
	$	4,656.07		
Total:	$	4,656.07		
				
Wire funds to:				
Rolling Oaks Community Development District		
SunTrust Bank, NA				
ABA # 061000104				
Acct# 1000145156799				
Contact: Kelly Lawler				
Tel : {407) 237-1072				

a1mn1 Addrea:	Shiu,ing Address:		
ROLLING OAKS	ROLLING OAKS		
135 W CENTRAL BLVD STE 320	135WCENTRAL BLVD STE 320		
ORLANDO FL 32801-2435	ORLANDO FL 32801-2435		
lnwice	2018			
Summary May 15..				
FedEx Express Services				
Transportation Charges		59.22		
Special Handling Charges				
		4.00		
Total Charges				
	USD	$63.22		
TOTAL THIS INVOICE	USD	$63.22		
Other discounts may apply.	/-310	_-S'"l?:,-lf'L		

ccount Number

7000-2862-3

Invoice Ouutions7			
Contact	FedEx Revenue Servicn		
Phone:	(800) 622-1147			
	M-F7 AMto8	PM CST		
Fax:	Sa 7	AM  to 6	PM CST		
	(800)	548-3020			
Internet	www.fedex.com		

BY:______,_______

..

______________.. ,.,-...·--:-·-----·-·..·------···~etailed	~~~.cr~ti~n~.Qf s11-rcharg_es.	can .be located at fedex.com.......................  .. . '-•········-..........		
To8111Ure	pmpeccmdtt.p!msall!l!Jm lhisportionwilllymrpaymmtlll fed£x.	•	N	b	A	N	Amc,unt Due		
P111amdono1S1Bp1eorlold. PJeasellli.lmchecl:fJifillblemFedE~.	nvo,ce	um	er	ccount	umber			
□	forcla9lof ilddress. clmheresnd cqlum fmn 00 -	side.	6-182-05719	7000-2862-3	USO $63.22		
								
Remittance Advice									
									
Your	payment is due by May 30, 2018									

	70 □02!b2bl&20571979DODO	□ b3222l		
0045184  011\80.'105	..,wro  T90113432801-i43595	.C01..P4522'341		
ii	1111'1,11111111111,,,11	I'JI,11111111	M1,11,,1,•111111111111111		
						
ROWNG OAKS		. .			
						
135WCENTRAL8LVDSTE310				
ORLANQOFL 32801-2435				

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800103400>4638

1	1	1	111	1	111	•11•	11	1	J•lnlh		1 1'	•"1•	•1•	1•		
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											1		1	1	11		
FedEx																
P.O.	Box	660481													
DALLAS TX	75266-0481											

113<4.0l-00-0045184-0001-0104"62

Invoice Number

6-182-05719

e

3

-FedExD.tlmM!fExpress-Shipment~ t'llc'n.dPuf

Detail

By

Payor Type (Original)
_1111.: ___ 0llls_
...	.

•
•
•
•

fuel Surcharge , fedExhu applied a fuel.surchergeof&.M 1111hlnhlpm,rrt.		
Dlslanc• Baaed Pricln;. Zana 2	.		
FedEx has audtllld lhfuhlpmantflir Cl!ffilal p•okagas, waiaht. •ndur,,lca.,6.ny:	cheoges made are	
The pack■Qt weight m:aeds 1he	maidmum fotlhe packaging tvJJe, therefore, FedEx Pakwaa rated	

refle(;led In tile lJWolce amount

as CIJrtomer Packaging.

AtitDmation		INET			
Tracmg ID		n2148796928		
Sarvice Type		FedEx Standard Overnight	
Package Type	CU$1Dmer	Packaging	··	
Zona		02			
Packlilge~		1			
Rated Weivlrt		3.0 lbs, 1.4	kgt		
.......,....			
Diillverad		May 07, 201810:32		
SVcAroa		Al			
Signed by		C.DIAORI			
FedEx Usit		OO( l!XXlll(lM283/_		
~Jim!	....			

Jilldu· .			IIKltltJJl			
G•orge Rint			John Chlstu			
GMS-CF,LLC			Falcone Group, LLC			
135 W. Central Blvd.					
		1TOWN CENTER RD			
ORLANDO FL 32801	US	BOCA RATON FL 33486	US		
Transportation	Charge		29.81		
....						
	-	----------------==--------""'2."""00		
FualSurcha~-•-				
To1al Chi!¥				$111.81		
,Rd :Rell!RtOuilCDO				

•
•
•
•

FualSUrchBrQ• • FtdExhaupplild af111l1u1cha1ge	ofi!.M to !Ills lhipmerrt.		
Olltance Baud Prtclng,Zone 2  .	.	.	
Fad Ex has audited thinhlpment for COITIICt ptckeges, weight, and servJce. Anv changes made are	
The pa~kaoe weight exceed.a1he 1m!Xlm11m fllrtlw packeglng type, lhe-,etore, Fe.dEx Pakwac rated	

.
reffectad In Iha iiiiloice amount

aa Cuttomer Packaging .

Autnma1ion

Tracking ID

Service Type ·

Package Type

Zone

Packages

RatadWeig~
Daf1V&red
Svc Area

Signed by

FedEx Use

INET
mt&t30040:t

FedEx SIJlndard Overnight

Cus1omer Packaging

02
1
3.0 lbs, 1.4 kgs
May 07, 201811:15

A1

T.UNDERWODD
~1283/_

.lalt.t		•.IIGiliul .					
Georue Flnt		Dave	Schmitt					
GMS-CF,LLC		Da~	SchmlttEnuine.ers Inc			
135 W.Cenuaf Bhtd.		12301	lAKE UN.DERHILL RD			
ORLANDO FL 32801	US	ORLANDO FL	32828 US				
Transportation Charge					29;51		
								
~!1Surchl!!9.~e---			='i2	..'-==-00		
Total Cllaqe		-------------- =c ---------				
				USO		$31.,		
		Third Party Subtotal	USD		S63.22		
		Total FedEx Express	USD		$63.22		

1134-01-0().()()45184-0001-010<!46 l

GMS-Central Florida, LLC

1001 Bradford Way
Kingston, TN 3TT63

BIii To:

RolJing Oaks COD

135 Wa Central Blvd.
Sulte320
Orlando, FL 32801

kJ.

Description	I

		Invoice		
	Invoice#:	43		
	Invoice Date:	5/1118		
	Due Date:  5/1/18		
	Cue;			
	P.o. Number:			
REC'D	2018		
	MAY O7			
Hours/Qty	Rate	Amount		

Management Fees - May 2018

lnformaUon Technology	- May

Dissemination Agent Service& -

Offtee Supplies
Postage
Coples

.	t •3	
2018·		
May 2018	

11>

•

St

j . 4'!I'./
• SJI
• .3f 3
~ f
•	2
,. f.f'-~

2,916.67	2,916.67	
50.00	50.00	
291.67	291.87	
0.15	0.15	
19.36	19.36	
13.50	13.50	

Total

Payments/Credits

Balance Due

$3,291.35

$0.00

$3,291.35

	Straley Robin Vericker			
	1510	W. Cleveland Street			
		Tampa,	FL 33606			
	Telephone (813) 223-9400	*			
					Facsimile (813) 223-5043		
	Federal Tax Id. - 20-1778458			
	:;#:-3	A.d					
	f--:t,	)1.3, - >lr"			
Rolling C>aks Community	Development Disrid					J		
c/o Governmental Management Services			j};te ~ rri; li:			
1412 $. Narcoosee Road			ffiJ				
								
St. Cloud, FL 34771								
			ll\1		MAY 242018	J:;		
								
			BY: _____________		
RE: General								
For Professional Services	Rendered Through	May 15,	2018			

May 21, 2018		
Client:	001455	
Matter:	000001	
Invoice#:	15730	
Page:	1	

SERVICES

Date 5/9/2018

5/10/2018

Person

VKB

VKB

Descr1ptlon of Services

REVIEW AGENDA PACKET; TELEPHONE CALL TO G.

FLINT RE: BOARD MEETING.

TELECONFERENCE WITH E. FISHER RE: EASEMENT FOR WATERPARK CROSSWALK; TELEPHONE CALL TO P. BROWN RE: SAME; PREPARE FOR AND ATTEND BOARD MEETING VIA TELEPHONE.

Total Professional Services

Hours

0.3

0.6

0.9

$225.00

PERSON RECAP

Person		Hours		
VKB	Vivek K. Babbar			
		0.9		

Amount

$225.00

Total Services

Total Disbursements

Total Current Charges

PAY THIS AMOUNT

May21, 2018		
Client:	001455	
Matter:	000001	
Invoice#:.	15730	

Page:	2		
			
$225.00			
$0.00			
	$225.00		
	$226.00		

Please

Include Invoice Number on

all

Correspondence

AUDIT COMMITTEE

MEETING

SECTION

Ill

SECTION

A

ROLLING OAKS COMMUNITY DEVELOPMENT DISTRICT

REQUEST FOR PROPOSALS

Annual Audit Services for Fiscal Year 2018

Osceola County, Florida

INSTRUCTIONS TO PROPOSE

July

Suite

SECTION 1. 20, 2018, at 2:00 320, Orlando, FL

DUE DATE.	Sealed proposals must be		
			
P.M., at the offices of District Manager,		
32801. Proposals will be publicly opened		

received no

located 135
at that time.

later than Friday, W. Central Blvd.,

SECTION 2.	FAMILIARITY	WITH  THE  LAW.	By	submitting	a	proposal,  the		
									
Proposer is assumed to be familiar with all federal, state, and local laws, ordinances, rules, and		
regulations that in any manner affect the work.							
			Ignorance on the part of the Proposer will in no		
way relive it from responsibility to perform the work covered by the proposal in compliance with		
al such laws,										
ordinances and regulations.								
SECTION 3.	QUALIFICATIONS OF PROPOSER.	The contract,	if	awarded, will		
only be awarded to a responsible Proposer who is qualified by experience and licensing to do the		
work  specified herein.  The  Proposer  shall  submit with its	proposal  satisfactory  evidence  of		
experience  in	similar work and  show that  it  is  fully  prepared to	complete the  work to  the		
				
satisfaction of the District.						

SECTION

4.

SUBMISSION

OF

ONLY  ONE  PROPOSAL.

Proposers	shall  be

disqualified and exist among the any previous or organization.

their proposals	rejected	if the District has reason to	believe that collusion may		
					
Proposers, the Proposer has defaulted on any previous		
			contract or is in arrears on		
existing contract, or for failure to demonstrate proper licensure and business		

SECTION 5.	SUBMISSION OF PROPOSAL.	Submit seven (7) copies and one		
electronic copy of the				
	Proposal Documents,  and other requested attachments at the time		
place indicated herein, which shall be enclosed in an opaque sealed envelope, marked with		
title "Auditing Services - Rolling Oaks Community			
	Development District" on the face of it.		

(1) and the

SECTION 6.  MODIFICATION AND WITHDRAWL.	Proposals may be modified or	
withdrawn by an appropriate document duly executed and delivered to the place where proposals	
are to be		
submitted at any time prior to the time and date the proposals are due. No proposal may	
be withdrawn after opening for a		
period of ninety (90) days.		
SECTION 7.  PROPOSAL DOCUMENTS.  The proposal documents shall consist of	
the notice announcing the request for proposals, these instructions, the Evaluation Criteria Sheet	
and a proposal with all required documentation pursuant to		
Section 12 of these instructions (the	
"Proposal Documents").		

SECTION 8. PROPOSAL. read and understands the Proposal therewith.

In making its proposal, each Proposer represents that it has Documents and that the proposal is made in accordance

1

	SECTION 9.	BASIS OF AWARD/RIGHT TO	REJECT.	The District reserves the		
right to reject any						
	and all proposals, make					
						
or				modifications to the work, and waive any informalities		
				as it is deemed in the best interests of the District.		
irregularities in proposals			
	SECTION 10.	CONTRACT AWARD.  Within			
Notice	of					fourteen (14) days of receipt of the		
	Award  from  the  District,  the	Proposer  shall  enter  into	and  execute  a  Contract		
(engagement letter) with the District.				

SECTION 11. LIMITATION OF LIABILITY. Nothing herein shall or constitute a wavier of District's limited waiver of liability contained in section Statutes, or any other statute or law.

be construed as 768.28, Florida

SECTION  12.	MISCELLANEOUS.	All  proposals  shall  include  the  following	
information in addition to any other		
	requirements of the proposal documents.	

A.

List					
position or title of all personnel to				
resumes for each	perform work on the District audit. Include		
	person listed:  list years	of experience	in present position for		
each party listed and years of related experience.			

B.

Describe proposed staffing levels, including resumes with applicable certifications.

C.

Three	references from projects	of	
		similar size and scope.  The Proposer	
include information relating to the work it	
a name, address and phone	conducted for each reference as	
	number of a contact person.	

should well as

D.

E.

The lump sum cost	of the provision of the	services under the proposal for Fiscal		
Year 2018, 2019, 2020, 2021				
	& 2022.  The District intends to	enter into five (5)		
separate one-year agreements.					
Provide a proposed	schedule for performance of the audit.			

	SECTION 13.	PROTESTS.  Any protest regarding the Proposal Documents, must be		
filed in writing, at the	offices of the District Manager, within		seventy-two (72) hours after the		
receipt						
	of the documents. The formal	protest setting forth with particularity the facts and law		
upon which the protest is based shall be filed within seven (7) calendar days after the initial		
notice	of protest was filed. Failure to timely file a notice of	protest or failure to timely file a		
formal written protest shall	constitute a waiver of any right to	object or protest with respect to		
						
aforesaid plans, specifications or contract documents.				

SECTION 14. evaluation of proposals Proposal Documents.

EVALUATION are presented in

OF the

PROPOSALS.   The	criteria to be used	in the		
				
Evaluation Criteria Sheet,  contained  within the		

2

AUDITOR SELECTION

EVALUATION CRITERIA

1.

Ability

of

Personnel.

(20 Points)

(E.g., geographic	firm's headquarters		
locations of the			
to  the  project;  capabilities  and	experience  of	key		
manage this project; evaluation of existing work	load;		

or	in relation		
permanent office			
personnel;  present	ability  to		
proposed staffing levels, etc.)		

2.

Proposer's Experience.

(20 Points)

(E.g. past record and experience of the Proposer in similar projects;	volume of work	
previously	performed	by	the  firm;	past  performance  for	other  Community	
Development  Districts	in	other  contracts;  character,  integrity,	reputation,  of	
respondent, etc.)						

3.

Understanding

of

Scope

of

Work.

(20 Points)

Extent

for the

to which the proposal services requested.

demonstrates

an

understanding

of

the

District's needs

4.

Ability

to Furnish the Required Services.

(20 Points)

Extent  to	which the  proposal	demonstrates	the  adequacy	of Proposer's	financial	
resources	and  stability  as  a	business  entity	necessary  to	complete  the	services	
required (E.g. the existence of any natural disaster plan for business operations).	

5.

Price.

(20 Points)

Points will be awarded based and reasonableness of the price

upon to the

the price services.

bid

for

the

rendering

of

the services

SECTION

B

				ROLLING OAKS								
		COMMUNITY DEVELOPMENT DISTRICT						
REQUEST FOR PROPOSALS FOR									
							ANNUAL AUDIT SERVICES		
The Rolling Oaks	Community	Development District hereby requests proposals		
for						
						The proposal must provide for	the	auditing of		
annual financial auditing services.					
the District's financial												with an		
option for	records for the Fiscal Year ending September 30, 2018,			
	four  additional	annual  renewals.	The  District is	a  local  unit	of special-		
purpose	government created under	Chapter	190, Florida Statutes, for	the	purpose of		
financing,	constructing, and maintaining public infrastructure.	The	District is located in		
Osceola	County and has	a	general administrative operating fund	and	a	debt service		
fund.								
																
The								duly licensed	under	Chapter 173,		
Auditing entity submitting a proposal must be					
Florida Statutes and be qualified to	conduct	audits	in accordance	with "Government		
Auditing Standards," as adopted by	the Florida Board of Accountancy	Audits	shall be		
conducted	in accordance  with  Florida Law	and  particularly	Section	218.39,	Florida		
Statutes, and the rules of the Florida	Auditor General.						

Proposal available

packages, which from the District

include evaluation criteria and instructions to Manager at the address and telephone number

proposers, are listed below.

Proposers must provide seven (7) copies and one (1) electronic copy of their proposal to		
GMS - CF, LLC, District				
Manager, 135 W. Central Blvd., Suite 320, Orlando, FL 32801,		
telephone (407) 841-5524, in an envelope marked on the outside "Auditing Services -		
Rolling Oaks  Community Development District."	Proposals must	be received  by		
Friday, July 20, 2018, 2:00 P.M., at the office of the District	Please direct all		
questions regarding this	Manager.			
Notice to the District Manager.				
George S. Flint				
Governmental Management				
Services - Central Florida, LLC		
District Manager