Rolling Oaks Community D�velopment District

Agenda January 9, 2020

AGENDA

Rolling Oaks
Community Development Di$trict
219 East Livingston Street, Orlando, Florida 32801 Phone: 407-841-5524- Fax: 407-839-1526

January 2, 2020

Board of Supervisors Rolling Oaks Community Development District
Dear Board Members:

The meeting of the Board of Supervisors of. Rolling Oaks Community Development District will be held Thursday, January 9, 2020 at 12:00 PM at the Heritage Crossing Community Center, 7715 Heritage Crossing Way, Reunion, Florida. Following is the advance agenda for the meeting:

Roll Call
Public Comment Period
Organizational Matters
Administration of Oath of Office of Newly Elected Supervisor
Approval of Minutes of the November 14, 2019 Meeting and Acceptance of Minutes of the November 14, 2019 Landowners' Meeting
Consideration of Proposal with REW Landscape Corp. to Provide Landscape Maintenance for Fins Up Circle/Inspiration Drive
Consideration of Resolution 2020-05 Extending Terms of Office
Ratification of Letter of Authorization for Margaritaville Resort Directional Signs
Staff Reports
Attorney
Engineer
District Manager's Report
Approval of Check Register
Balance Sheet and Income Statement
Supervisor's Requests
Next Meeting Date
Adjournment

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

The third order of business is organizational matters. Section A is administration of oath of office of newly elected supervisor. There is no back-up.

The fourth order of business is approval of the minutes of the November 14, 2019 Board of Supervisors meeting and acceptance of the minutes of the November 14, 2019 Landowners' meeting. The minutes are enclosed for your review.

The fifth order of business is consideration of proposal with REW Landscape Corp., to provide landscape maintenance for Fins Up Circle/Inspiration Drive. A copy of the proposal is enclosed for your review.

The sixth order of business is consideration of Resolution 2020-05 Extending Terms of Office. A copy of the resolution is enclosed for your review.

The seventh order of business is ratification of letter of authorization for Margaritaville Resort Directional Signs. A copy of the letter is enclosed for your review.

The eighth order of business is Staff Reports. Section C is the District Manager's Report. Section 1 includes the check register being submitted for approval and Section 2 is the balance sheet and income statement for your review.

The balance of the agenda will be discussed at the meeting. In the meantime, if you have any questions, please contact me.

Sincerely,

George S. Flint District Manager

CC:		Mark Straley, District Counsel Dave Schmitt, District Engineer Steve Sanford, Bond Counsel Jon Kessler, Underwriter Robert Smith, Trustee

Enclosures

MINUTES

MINUTES OF MEETING
ROLLING OAKS COMMUNITY DEVELOPMENT DISTRICT

The regular meeting of the Board of Supervisors of the Rolling Oaks Community Development District was held Thursday, November 14, 2019 at 12:27 p.m. at the Heritage Crossing Community Center, 7715 Heritage Crossing Way, Reunion, Florida.

Present and constituting a quorum were:

John Chiste Jared Bouskila Cora Difiore Peter Brown Samir Yajnik

Also present were:
George Flint Vivek Babbar Bruce Taylor Several Residents

FIRST ORDER OF BUSINESS

Chairman by telephone Vice Chairman
Assistant Secretary by telephone Assistant Secretary
Assistant Secretary

District Manager
District Counsel by telephone District Engineer by telephone

Roll Call

Mr. Flint called the meeting to order and stated we have three Board Members physically here and two Board Members on the phone. The requirement is that we would have at least three Board Members physically present for a quorum, so we do have a quorum.

SECOND ORDER OF BUSINESS	Public Comment Period
There being none, the next item followed.

THIRD ORDER OF BUSINESS	Organizational Matters
Administration of Oaths of Office to Newly Elected Supervisors
Mr. Flint stated we held a Landowners' meeting immediately prior to the Board meeting and as a result Mr. Chiste, Mr. Yajnik and Mr. Brown were reelected. Mr. Chiste and Mr. Brown were elected to four-year terms of office and Mr. Yajnik was elected to a two-year term of office.

November 14, 2019	Rolling Oaks CDD

I need to administer the oath of office. John, you are not going to be able to participate in the votes because you haven't been sworn in, but you can participate in discussions. Until you are sworn in you won't be able to vote.
Mr. Flint being a notary public of the State of Florida administered the oath of office to Mr. Brown and Mr. Yajnik.
Mr. Flint stated for the public's benefit, the Board Members are public officials and in the State of Florida similar to a city commissioner and county commissioner or school Board Members they are required to comply with government in the sunshine law, public records laws, ethics for public officials. They also have to file financial disclosure forms annually with the commission on ethics.

Consideration of Resolution 2020-01 Canvassing and Certifying the Results of the Landowners' Election
Mr. Flint stated next is Resolution 2020-01 canvassing and certifying the results of the Landowners' election. In the agenda is the resolution and we will insert Mr. Brown, Mr. Chiste and Mr. Yajnik's names and the number of votes each received. Mr. Brown received 282 votes, Mr. Chiste received 281 and Mr. Yajnik received 280 votes.

On MOTION by Mr. Bouskila seconded by Mr. Yajnik with all in favor Resolution 2020-01 was approved.

Consideration of Resolution 2020-02 Electing Officers
Mr. Flint stated each time there is an election the statute requires that you reconsider
officers. Currently, Mr. Chiste is the Chairman, Mr. Bouskila is Vice Chairman, the other three Board Members are Assistant Secretaries, I'm Secretary and Ariel Lovera is Treasurer. You can make one motion to elect a slate of officers or you can take each seat individually.
Mr. Bouskila asked would it matter if Mr. Chiste is sworn in that he could be appointed to an office.
Mr. Flint stated you can do that subject to him being sworn in.

On MOTION by Mr. Bouskila seconded by Mr. Brown with all in favor Resolution 2020-02 was approved reflecting the current slate ofofficers as outlined above, subject to Mr. Chiste being sworn in.

2

November 14, 2019

FOURTH ORDER OF BUSINESS

Rolling Oaks COD

Approval of the Minutes of the August 8, 2019 Meeting

On MOTION by Mr. Brown seconded by Mr. Yajnik with all in favor and Mr. Chiste abstaining, the minutes of the August 8, 2019 meeting were approved, as presented.

FIFTH ORDER OF BUSINESS	Consideration of Agreement with Berger
Toombs Elam Gaines & Frank to Provide Auditing Services for Fiscal Year 2019
Mr. Flint stated next is an agreement with Berger Toombs Elam Gaines & Frank. The
District as a government entity is required to have an annual independent audit performed. You went through an RFQ process prescribed by statute and selected this firm to provide the annual independent audit. You enter into annual engagements with them and this would be for Fiscal Year 2019 for a fee not to exceed $3,050.
Mr. Bouskila stated on page 2 it says, the funds you have told us are maintained by Rolling Oaks Community Development District are to be included as part of our audit are listed below, which includes general and debt service. The capital projects fund doesn't seem to be listed here.
Mr. Flint stated it is really incorporated into the other two. It is not necessarily a separate fund. The fee is not going to change if you want to explicitly list that here we can do that.
Mr. Bouskila stated I just wanted to rriake sure that they would be taking the responsibility for auditing that as well.
Mr. Flint stated if the Board is amenable you can approve it subject to insertion of the capital projects fund.

On MOTION by Mr. Bouskila seconded by Mr. Brown with all in favor and Mr. Chiste abstaining, the engagement letter with Berger, Toombs, Elam, Gaines & Frank to perform the Fiscal Year 2019 Audit in an amount not to exceed $3,050 was approved subject to insertion ofthe capital projects fund.

SIXTH ORDER OF BUSINESS	Consideration of Resolution 2020-03
Accepting Sidewalk Easement Dedication in Replat

3

November 14, 2019	Rolling Oaks CDD

replat.

Mr. Flint stated next is Resolution 2020-03 accepting sidewalk easement dedication in the

Mr. Babbar stated this is really an administrative action that we are requesting the Board

to take. Osceola County requires CDDs to sign and execute a resolution before they accept the CDDs signature on the plat to evidence that the CDD intends to accept the responsibility or the tracts that are included in the plat. It is the same form of resolution we have done previously.

On MOTION by Mr. Brown seconded by Mr. Bouskila with all in favor and Mr. Chiste abstaining, Resolution 2020-03 Accepting Sidewalk Easement Dedication in Replat, was approved.

SEVENTH ORDER OF BUSINESS	Consideration of Resolution 2020-04
Approving Phase 7 Plat and Authorizing Execution
Mr. Babbar stated it is the same thing it is just a different plat and different area. We
recommend it to be approved and it is a requirement of Osceola County.

On MOTION by Mr. Brown seconded by Mr. Yajnik with all in favor and Mr. Chiste abstaining, Resolution 2020-04 Approving Phase 7 Plat and Authorizing Execution, was approved.

EIGHTH ORDER OF BUSINESS	Consideration of Series  2018 Requisition No.
3
Mr. Flint stated next is requisition no. 3 from the series 2018 bonds in the amount of$3,500
and for construction accounting services, which is an annual fee charged by GMS per our agreement with the District.

On MOTION by Mr. Bouskila seconded by Mr. Yajnik with all in favor and Mr. Chiste abstaining, requisition no. 3 from the series 2018 bonds was approved.

NINTH ORDER OF BUSINESS
Attorney

Staff Reports

There being none, the next item followed.

4

November 14, 2019	Rolling Oaks CDD

Engineer
There being none, the next item followed.

Manager
Approval of Check Register

On MOTION by Mr. Bouskila seconded by Mr. Yajnik with all in favor and Mr. Chiste abstaining, the check register was approved.

Balance Sheet and Income Statement
A copy of the balance sheet and income statement were included in the agenda package.

Presentation of Arbitrage Rebate Calculation Report
Mr. Flint stated next is the arbitrage rebate calculation report. This is for the series 2016 Bonds and we have a negative rebate of arbitrage of $910.676.30, which means there is no arbitrage issue.

On MOTION by Mr. Brown seconded by Mr. Bouskila with all in favor and Mr. Chiste abstaining, the arbitrage rebate report for the series 2016 bonds was accepted.

Presentation of Revised Number of Registered Voters-15
Mr. Flint stated each year the District is required to announce the number of registered voters as of April 15th• The initial letter that was provided did not take into account the boundary contraction and it showed a much higher number ofregistered voters than we would have expected. We questioned that and they went back and reviewed it and they had not taken into account the county ordinance carving the apartments out of the District. As a result, the revised letter indicates there are 15 registered voters within the boundaries of the District.

TENTH ORDER OF BUSINESS	Supervisor's Requests
There being none, the next item followed.

ELEVENTH ORDER OF BUSINESS	Next Meeting Date

5

November 14, 2019	Rolling Oaks CDD

Mr. Flint stated the next meeting is December 12, 2019 at 12:00 p.m. in this location.

On MOTION by Mr. Bouskila seconded by Mr. Yajnik with all in favor and Mr. Chiste abstaining, the meeting adjourned at 12:43 p.m.

Secretary/Assistant Secretary	ChairmanNice Chairman

6

MINUTES OF LANDOWNERS' MEETING ROLLING OAKS COMMUNITY DEVELOPMENT DISTRICT

Rolling Oaks Community Development District Landowners" meeting was held Thursday, November 14, 2019 at 12:00 p.m. at the Heritage Crossing Community Center, 7715 Heritage Crossing Way, Reunion, Florida.

Present were:

John Chiste by telephone Jared Bouskila
Cora DiFiore by telephone Peter Brown
Samir Yajnik George Flint
Vivek Babbar by telephone Bruce Taylor
Tricia Adams Several Landowners

FIRST ORDER OF BUSINESS	Determination of Number of Voting Units
Represented
Mr. Flint stated we had a table set up out front and handed out ballots and we have 290 voting units represented.

SECOND ORDER OF BUSINESS	Call to Order
Mr. Flint called the Landowners' meeting to order.

THIRD ORDER OF BUSINESS	Election of a Chairman for the Purpose of
Conducting the Landowners Meeting
Mr. Flint stated next is election of a Chairman for purposes of conducting the meeting. I would ask if there is no objection if you would designate me as the District Manager to run the Landowner meeting. That is the limit of my powers as far as the Landowner election.
There being no objection, Mr. Flint was designated Chairman for the purpose ofconducting the Landowners'' meeting.

November 14, 2019	Rolling  Oaks CDD

FOURTH ORDER OF BUSINESS	Nominations for Position of Supervisor
Mr. Flint stated next is nomination for position of Supervisor. The Board currently has three positions that are up for election, seat 1, seat 2 and seat 5. Each Landowner can nominate one person for each seat. Ifyou have one vote you can cast one vote for each seat, if you have five votes you can cast five votes for each seat.
We will open the floor to nominations and I will write the names that are nominated. Once everyone is done with the nominations we will close the floor for nominations and at that point you will cast your ballots. The requirement is that the individual nominated has to be a Florida resident and citizen of the United States. We will take nominations and once the votes are cast I collect the ballots and tabulate the results and the two individuals with the most votes will serve four year terms of office and the third person will serve a two year term of office. This is set by statute and the District's rules of procedure.
A resident nominated Suzanne Docovo, Blake Roby and Christopher Holko. Mr. Brown nominated John Chiste, Peter Brown and Samir Yajnik.
There being no other nominations, the floor was closed to nominations.

FIFTH ORDER OF BUSINESS	Casting of Ballots
Mr. Flint stated those of you who have ballots you can write in the three individuals of the list of six you want to cast your votes for and you can cast all your votes for each seat.
There being some people who arrived late and with no objection from the Landowner, Mr.
Flint revised the number of voting units represented to 292.
The Landowners' meeting was recessed in order to tabulate the ballots then the meeting was reconvened.

SIXTH ORDER OF BUSINESS	Ballot Tabulation
Mr. Flint read into the record the following: Ms. Docovo received 9 votes.
Mr. Roby received 10 votes. Mr. Holko received 11 votes. Mr. Yajnik received 280 votes. Mr. Brown received 282 votes.

2

November 14, 2019	Rolling Oaks CDD

Mr. Chiste received 281 votes.
Mr. Flint stated as a result Mr. Brown and Mr. Chiste will serve four-year terms of office and Mr. Yajnik will serve a two-year term of.office.

SEVENTH ORDER OF BUSINESS	Landowners Questions and Comments
A resident stated for future reference, we had over 1 50 proxy votes and we were told they were not good. What procedure do we have to follow to make them legitimate for the voting?
Mr. Flint stated right now according to the District's procedures we have to have an original proxy. I think the issue was that some folks had electronic signatures and some may have had copies of proxies. We have to have the original proxy at the Landowner election naming a proxy holder and in addition whoever is signing the proxy on behalf of an LLC, etc. there should be something attached to the proxy, a print out from Sunbiz or a corporate resolution, some document showing the person signing the proxy is an authorized representative of that entity. I think most of the issue today with the proxies had to do with the fact they were either electronic signatures of copies. Ms. Docovo sent me an email asking about electronic signatures and I consulted with the attorney for the District who is on the phone·and he confinned that Florida Statutes do allow for electronic signatures, governments take them, it doesn't obligate governments to take electronic signatures but it says if a government is going to accept an electronic signature they have to vote to do so and they also have to have policies and procedures in place to verify the validity of the signature. At this point in time we don't have that, this issue has not come up so the Board has never voted to allow electronic signatures and they also have not put policies and procedures in place. In the absence of that we were advised we could not accept an electronic signature.
A resident stated in the future you have original proxies. Do you need identification and drivers license with that too or just the original proxy?
Mr. Flint stated if you are proxy holder and you bring in a proxy that has your name at the top, we need some indication that you are the person and the entity naming you as proxyholder whoever is signing that there needs to be something attached indicating that person is some sort of officer of that LLC.
A resident stated I'm talking about individual ownership.
Mr. Flint stated for individual owners we don't need anything. If your neighbor wanted to name you as the proxyholder and they are an individual owner and they sign that, you have the

3

November 14, 2019	Rolling Oaks CDD

original proxy with their signature you don't need anything from them but if it is an LLC or something like that then you do. We are not trying to be overly difficult, but we do need to verify the results of the election. We have had Landowner elections that have gone eight hours because we had to verify every single one.
Mr. Babbar stated as you stated earlier this is an election for a public office so the District is required to have procedures in place to ensure the election is responsible and if you have originals on file in order to certify that it is not only for the election but also to the Supervisor of Elections so you can certify the seats and how the election took place.
A resident asked can we find the rules of what you accept and don't accept where we would have known this? Are there regulations that say what you are and are not accepting? Where is it written?
Mr. Flint stated as District Counsel indicated we have to be able to verify that proxy is a valid proxy, ifit is a Xeroxed copy or stamped copy we have no way. If it is ever challenged we have the original and we can go back and verify the validity. We are running the election as opposed to the Supervisor of Elections and we do have to be careful, the Board is certifying the results of the election so we do have to have the original proxy.
Mr. Babbar stated in the future we can verify that, however, the District Board did make the announcement at its meeting in May or June and there was a newspaper ad that if there are any questions to contact the District Manager and we did have a resident contact the District Manager as well. We understand the residents' comments and I think we can incorporate that in the future potentially.
A resident stated in this community the majority of the residents do not live in Florida, they don't see Florida publications. It is a bit more difficult for the owners of these properties. Where was this made public as far as the meeting to<;lay? Obviously, you need to announce it two weeks ahead of time and so on.
Mr. Flint responded the legal requirement is it has to be announced in a public Board meeting at least 90 days in advance of the Landowner election. If you go back to April or May and look at the agenda or those minutes you will see in the agenda was a copy of the ballot, sample agenda and proxy so the Board set the date, place and time in April or May. There are also two notices that have to go in the newspaper, 21 and 14 days in advance and both of those were run and we have affidavits ofpublication. We have met all the legal requirements.

4

November 14, 2019	Rolling Oaks CDD

A resident stated I don't question that. It is mostly along the line of most of the owners are not around, they are from all over the world, so they don't see this. They have no idea this was even going to happen.
A resident stated we get so many stupid publications all day long, why as owners did we not get publication of this meeting? You could have emailed all the owners. I think the Board needs to adopt a procedure of letting us know.
Mr. Flint stated we have to be careful when we go beyond what our legal notice requirements are because then what happens is people become reliant on that and then if for some reason we didn't send that email out that we are not legally required to do there may be a basis for challenging that. Typically government entities are going to limit their notice to what they are required to do.
A resident stated my CDD puts it on Nextdoor, which is like a Facebook app specifically for communities.
Mr. Flint stated I would be surprised if a COD was actually doing that or whether there was a Nextdoor page that a resident posted it. We manage 160 of the 600 in the state and we work with a lot of different attorneys on those different Districts and our practice is consistent with what we believe the industry is. All the information is on the website so I think as residents within the Rolling Oaks CDD you want to make sure you are monitoring the agendas and website to know what is going on. The state in the last few years has made a lot of changes to the statutes as far as requiring websites, designating the minimum information that has to be on the websites and there have been a lot of improvements on what electronic information that is out there and the Rolling Oaks website complies with all of that.
A resident stated but there is an official paper that says it has to be original signature for
our vote.
Mr. Babbar stated we follow what is required by statute and we come up with a proxy form that is in the agenda as well as in the newspaper notice. I'm looking at it right now and it specifically says proxy forms are available upon request of the District Manager's office. It is going to be on forms and our instructions to make sure that we can verify those signatures. Again, the reason we need originals is in case there is a dispute they can check and verify that someone signed it and it is not a forgery. You can always compare that signature to some other document and that is why we require those corporate documents of the LLC entity. In my experience that is

5

November 14, 2019	Rolling Oaks CDD

the best way to approach it and as you said earlier if we started giving notice of that through a website or email or something else that is not required by statute residents or other members of the public can argue that you are giving out notice in addition to what is required and in the event it gets missed or someone misinterprets the notice there could be an issue. Again, because these are Elections of public officials we need to ensure the integrity the best we can.
A resident stated we reserve the right under the uniform electronic transaction act that any election that involves e-signatures with the Supervisor of Elections to the validity of those signatures. Obviously, from the Board's standpoint I don' t think it would make a difference for today's vote but going forward we would reserve that right and I would implore the Board to adopt procedures to facilitate a little easier means for Landowners' to vote.
Mr. Chiste asked can you repeat what he said?
Mr. Flint stated the statement was he is reserving the right to basically challenge the results of the election based on the fact that we didn't accept the e-signatures today or any future election. I have said it the statutes are fairly clear that the District has to have policies and procedures in place in order to accept electronic signatures·, basically to verify the validity of those. We don't have those in place as we sit here today. If the Board at some point in the future chose to do that then they could accept them at future Landowner elections. The Board Members are sitting here and they are hearing what the comment is and I'm sure we will have some discussion and we will have it on a future agenda.
Mr. Chiste stated agreed.
Mr. Flint stated it sounds like there is an indication that the Board is willing to put a policy in place that would allow it in future elections.
Mr. Chiste stated we will definitely revisit it.
There being no other comments or questions the Landowners' meeting adjourned.

6

SECTION V

..

REW
LANDSCAPE CORP.
Oatotn6 S4!nl« Coms Ntz/JUol To Ch Mailing: PO Box 951484, Lake Mary, FL 32795-1484
Physical: 5079 Ohio Avenue, Sanford, FL 32771 • Phone407-328-9425 • Fax 407-324-9448

December 9. 2019 

Mr.  George Flint
Rolling Oaks Community Development District
Aka Margaritaville Resort Orlando
c/o Governmental Management Services 135 West Central Boulevard, Suite #320 Orlando, FL 32801
Margaritaville Resort
LOCATION(S): FlNS UP CIRCLE/INSPIRATION DRIVE
Pro osal for Landsca e Maintenance

Thank you for the opportunity to work with you and your team. Please find our Landscape Maintenance Proposal for this prestigious project Margaritaville Hotel Resort. The areas to be maintained are as follows: FINS UP CIRCLE and INSPIRATION DRIVE. Our price is based on meeting and exceeding your expectations and includes the following scope ofwork.

A minimum of 42 full service visim per year (Mowing, Edging, Blowing, Trimming) Fertilimtion/Insect & Disease Program
Monthly Irrigation Inspections Palm and Tree Trimming up to 10ft

AREA

------ ----·---
Y--EARL--Y--

-----· ----- --
�-9Jt1t�'f'

FINS UP CIRCLE		$	35,928.00	$	2,994.00	
INSPIRATION DRIVE		$	38,232.00	$	3,1 86.00	
	TOTAL	$	74,160.00	$	6,180.00	

Once approved, this proposal will serve as our month to month agreement/contract transferring from Rolling Oaks Spendid LLC to Rolling Oaks Community Development District, commencing 01.01 .2020. This agreement permits either party to cancel services for any reason via written 30 day notice of termination.

Rtet

Sincerely,

Acceptance Signature:

Richard E. Wesley,	 		 	
President	Print Name:	Date
REWAb.MargarilavHle FINS UP�NSP DR Maintenance $74,160YR-$6,180MO(efl01.D1.20=mo to mo to COD).

SECTION VI 

RESOLUTION 2020-05
A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE ROLLING OAKS COMMUNITY DEVELOPMENT DISTRICT EXTENDING THE TERMS OF OFFICE OF ALL CURRENT SUPERVISORS TO COINCIDE WITH THE GENERAL ELECTION PURSUANT TO SECTION 190.006, FLORIDA	STATUTES;	PROVIDING	FOR SEVERABILITY; AND PROVIDING AN EFFECTIVE DATE.
WHEREAS, the Rolling Oaks Community Development District (the "District") is a local unit of special purpose government created and existing pursuant to Chapter 190, Florida Statutes; and
WHEREAS, the current members of the Board of Supervisors (the "Board") were elected by the landowners within the District based on a one acre/one vote basis; and

WHEREAS, Chapter 1 90, Florida Statutes, authorizes the Board to adopt a resolution extending or reducing the terms of office of Board members to coincide with the general election in November; and

WHEREAS, the Board of Supervisors finds that it is in the best interests of the District to adopt this Resolution extending the terms of office of all current Supervisors of the District.

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE ROLLING OAKS COMMUNITY DEVELOPMENT DISTRICT:
SECTION 1. The following terms of office are hereby extended to coincide with the general election to be held in November of 2022:

Seat #3
Seat #4
Seat #5

(currently held by Cora DiFiore) (currently held by Jared B0uskila) (currently held by Samir Yajnik)

The following terms of office are hereby extended to coincide with the general election to be held in November of 2024:

Seat #1
Seat #2

(currently held by John Chiste) (currently held by Peter Brown)

SECTION 2. If any provision of this Resolution is held to be illegal or invalid, the other provisions shall remain in full force and effect.

SECTION 3. This Resolution shall become effective upon its passage and shall remain in effect unless rescinded or repealed.
PASSED AND ADOPTED this 9th day of January, 2020.

ATTEST:

Print Name:-	---	--
SecretaryIAssistant Secretary

ROLLING OAKS COMMUNITY DEVELOPMENT DISTRICT

Print Name:---	---	---
Chairperson/Vice Chairperson,
Board of Supervisors

2

SECTION VI I

ROLLING OAKS COMMUNITY DEVEL OPMENT DISTRICT
219 EAST LIVINGSTON STREET, ORLANDO, FLORIDA 32801
ORLANDO, FL  32827

N OTARIZED LETTER OF AUTHORIZATION

DATE: 12/19/2019
TO: Osceola Cpunty Building Department RE: Margaritaville Resort Orlando
8000 Fins Up Circle Kissimmee, FL 34747

To Whom It May Concern :

This letter gives Don Bell Signs, LLC permission to proceed with the applications for the sign permits at the location as referenced above.

Sincerely,

Owner/Agent of property signature: _	_

Print name: 	- 	
STATE OF FLORIDA
COUNTY OF  	
The foregoing instrument was acknowledged before me this  	day of 	, 20_ by
 	as	for
 	_______, a Florida limited liability company. He/She is personally known to me.

Notary signature

If- 15• soolf­

OOol- cOAO

f•-. �.. 'D
04- U•   �..  «iol - d)AO

__

I\ --=l!>.-�-.
\.	,,,
fo,_. �r E
0� - 25-2.':f• SOOS -
0()01- (X)A 0

SECTION VI 1 1

SECTIO N C

SECTION	1

Rolling Oaks
Community Development District
Summary of Check Register October 1, 2019 to November 30,2019

Fund	Date	Check No.'s	Amount	
General Fund	10/4/19	178	$	175.00	
	10/14/19	180	$	3,551.06	
	10/23/19	181	$	271.25	
	11/6/19	182-184	$	92.09	
	11/12/19	185	$	3,551.12	
	11/18/19	186-187	$	8,021.02	
			$	15,661.54	
Payroll	November-19			
	Cora Difiore	50175	$	184.70	
	Jared Bouskila	50176	$	184.70	
	Peter Brown	50177	$	184.70	
	Samir Yajnik	50178	$	184.70	
			$	738.80	
			$	16,400.34 1	

ROLLING  OAKS  GENERAL  FUND

A*P* *3 0C0RHECK  DATES  10/01/2019  -  11 /30/20 1Y9EA* *R*-TO-DATE  ACCOUNTS  PAYABLE  PREPAID/COMPUTER  CHECK  REGISTER	RUN	1/02/ 20	PAGE	1

#

BANK  A  GENERAL FUND

CHDEACTKE

VEND#	. . D. A. T. EINVOINCEVO• I. C. E. •   . Y• R• MEOXPENDPSTEDATCCOT. #. . SUB	SUBCLASS  VENDOR  NAME

STATUS

AMOUNT

A• M• O. U• NCTHECK . . . • . 

10/04/19 00002	10/01/19 74605	201910 310-51300-54000 

TRUSTEE  FEES

SPECIAL  DISTRICT FEE FY20	DEPARTMENT OF ECONOMIC OPPORTUNITY 10/09/19 00012	9/30/19 7 3 7 0 5	2 0 1 910 310-51300-32300 
9/30/19 73705	201910 310-51300-32300 

*	175 . 00
- -  -  - -  - - -  - - - -1 7-5 -.00-
*	3,500 . 00
V	3,500 .00- 

000178 

TRUSTEE FEES	REGIONS 10/14/19 00001	10/01/19 66	201910 310-51300-34000 

10/01/19  6D6 ISSEMINATION  OCT 19 

10/01/19 66 

MANAGEMEN2 T0 1F9E1 E0 S 3O1 C0 -T5191300-35100 INFO  TECH2 0O1 C9 T1 019 310-51300-31300 
10/01/19 66	201910 310-51300-51000 
10/01/19  6O6 FFICE  SU2 P0P1 L9 1IE0 S 310-51300-42000 

- - - - - - - - - -
*	2, 916 .67
*	50 . 00
*	583 .33
*	.06
*	1. 00

. 00 000179 

POSTAGE	GOVERNMENTAL MANAGEMENT SERVICES 10/23/19  00004	9/23/19 . 1N0O8T1 6O5F10PU2B0 1H9E0A9R3 11 0 / 5101 3/ 01 90-48000 

-  - - - -  - -  -  - -  -3 -, 5-51 -. 0-6  000180 
*	271 .25

ORLANDO SENTINEL
11 /06/19  00017	11/06/19   1F1 I0R6E19VACA2N0T1 9L1A1ND310-51300-49200 

- -  - - - -  -  - -  - - -2 -7 1-. 25-
*	2. 26 

000181 

11 /06/19   1F10IR6E19 AVACA2N0T1 9LA11ND31 0- 51300-49200 
-  - - - -  - -  - -  - - - - - - -  -  - - -  - - - - -  -  -BR-UCE  VICKERS 11 /06/19  00006	10/15/19  6D-E7L6I8V-E2R4Y2 01 01 9/ 41 0/1 9310-51300-42000 
-  - -  - - - -  - -  -  - -  - -  - - -  - - - -  - - - -  -  -FE-DEX
11/ 06/19  00003	10/21/19   1D7RA5 7 I0NAGE2E0A1 S9E0M9EN3T1 0S-51300-3 1500 
- - - - - - -  - -  - -  - - - - -  -  - - -  - - - -  -  -  -ST-RALEY  ROBIN  VERICKER 11/12/19 00001	11 /01/19 67	201911 310-51300-34000 

11/01 /19 67	201911 310-51300-31300 

11/01/ 19 6	1

MANAGEMENT FEES NOV19 T7ECHNOLOG2 Y0  F9E1E1S 3N1 O0-V5191300-35100 
DISSEMINATION SRVC NOV19

*	5.54
- - - - - - - - - -
*	29 .2 9

*

-  - -  - -  - - - - -
55 . 00

*

- - - - - - - - - -
2, 916 .67
*	50 .00
*	583 .33

7.80 000182 

29.29 000183 

55 . 00 000184 

ROAK ROLLING OAKS	IARAUJO

A* P* 3* 00R	YEA*R* *-TO-DATE  ACCOUNTS  PAYABLE  PREPAID/COMPUTER  CHECK  REGISTER	RUN	1/02/20	PAGE	2

CHECK DATES 10/01/2019 - 11 /30/2019 

RBAONLKLIANGGEONAEKRSALGENFEURALND

FUND

CHECK  VEND#	. . . • • INVOICE . • • . .   • • • EXPENSED TO . . .	VENDOR NAME	STATUS

AMOUNT

. . . • CHECK • • • • • 

DATE	DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS
11 /01/19 67	201911 310-51300-51000 

6 P7OSTAGE  201911 

11 /01/19	OFFICE  SUPPLIES 310-5 1300-42000 

*	.06
*	l. 06

AMOUNT	#

-  - - - -  - - -  - - - - - -  -  - - - - - -  -  - - - -GO-VERNMENTAL  MANAGEMENT  SERVICES 11/18/19   00018	10/01/19   4L5A7K5E28MAIN2 T0 -1O9C1 T0 1 39 20-53 800-47000 
10/01/19   4M5 I7 D5G2E9  FLY2 0S1E9R1 V0 -O3C2T0-1 59 3800-47000 
10/01/19   4L5A7K5E30MAIN2T0 1O9 C1 T0 1 39 20-53800-47000 
10/01/19   4 S5E7M5I33ANNU2A0L1 9L1 A0 KE3-2O0C-T5 31 89 00-47 000 
11/0 1/19   4L6A0K4 E46MAIN2 T0 -1N9O1V1 1 39 2 0-53 800-47000 
11 /01/19 460447	201911 320-53800-47000 
11 /01/19   4M6 0ID4G4E8  FLY2 0S1E9R1 V1 -N3O2V0 -1 59 3800-4 7000 

-  -  - - - - - -  - -  -3 -, 5-51 -. 1-2   000185 
*	1, 753 . 00
*	410.00
*	680.00
*	1,580 .00
*	1,753 . 00
*	410 .00
680 . 00

- - - - - - - - - - - - -

KE  MAIN-T-NO-V-19 - - -  -  - -AQ-UATIC   SYSTEMS   INC

- -  - -  -  - - - -7 -, 2-66 -. 0-0   000186 

- - -	-

*	755 .02

11/18/19 00004	10/23/19 OSC11 972 201910 310-513 00-4 8000 
NOT OF PUB HEAR lQ/10/19	ORLANDO SENTINEL

ROAK ROLLING OAKS

TOTAL FOR BANK A TOTAL FOR REGISTER

!ARAUJO

- -  - -  - - - -7-55-. 02- 15, 661 . 54
15, 661 .54

000187 

SECTION 2

•	•	•	•

•	•	•	•

•

Rolling Oaks
Community Development District

Unaudited Financial Reporting November 30, 2019

•	•	•	•	•	•	•	•	•	•

Table of Contents

Balance Sheet

General Fund I ncome Statement

Series 2016 Debt Service I ncome Statement

Series 2018 Debt Service Income Statement

Series 2016 Ca pital Projects Income Statement

Series 2018 Ca pita I Projects Income Statement

Month to Month

long Term Debt Summary

Assessment Receipt Schedule

Series 2016 Construction Schedule

 	Series 2018 Construction Schedule

ROLLING OAKS
COMMUNITY DEVELOPMENT DISTRICT COMBINED BALANCE SHEET
November 30, 2019

General	Debt Service	Capital Projects	Governmental	
 	Fund 	Fund	Fund	 	Funds		

Total

ASSETS: CASH	
$130,025			
DUE FROM GENERAL FUND 2016 INVESTMENTS
SERIES 2016
RESERVE		$63,480

$1,128,303		
REVENUE		$49,160		
INTEREST		$63		
SINKING FUND
CONSTRUCTION		$32	
$24,824	
SERIES 2018 RESERVE		
$902,702		
REVENUE		$16,449		
CAPITALIZED INTEREST
CONSTRUCTION		$11,192	
$2,274,049	
COSTS OF ISSUANCE			$123	

$130,025
$63,480

$1,128,303
$49,160

$32
$24,824

$902,702
$16,449
$11,192
$2,274,049
$123
TOTAL ASSETS	$130,025	$2,171,381	$2,298,997	$4,600,403 LIABILITIES:
ACCOUNTS PAYABLE	$8,170	$8,170
DUE TO DEBT 2016	$63,480	$63,480
FICA PAYABLE	$122	$122
TOTAL LIABILITIES	$71,772	$0	$0	$71,772 FUND BALANCES
RESTRICTED FOR:
RESTRICTED FOR DEBT 2016	$1,241,038	$1,241,038
RESTRICTED FOR DEBT 2018	$930,343		$930,343 RESTRICTED FOR CAP PROJECTS 2016		$24,824		$24,824

$S8,253				$58,253	
$58,253		$2,171,381	$2,298,997	$4,528,631	
$130,025		$2,171,381	$2,298,997	$4,600,403	

RESTRICTED FOR CAP PROJECTS 2018	$2,274,173	$2,274,173
UNASSIGNED

TOTAL FUND BALANCES

TOTAL LIABILITIES & FUND BALANCES

1

ROLLING OAKS
COMMUNITY DEVELOPMENT DISTRICT
GENERAL FUND

$7,000

Statement of Revenues, Expenditures and Changes in Fund Balance For the Period Ending November 30, 2019

	ADOPTED BUDGET	PRORATED BUDGET THRU 11/30/19	ACTUAL THRU 11/30/19	
VARIANCE	
REVENUES:					
ASSESSMENTS	$224,536	$13,174	$13,174	$0	
DEVELOPER CONTRIBUTIONS	$131,464	$0	$0		

TOTAL REVENUES	$356,000	$13,174	$13,174	so	
EXPENDITURES:					
ADMINISTRA TIVE:					
SUPERVISORS FEES	$12,000	$2,000	$800	$1,200	
FICA EXPENSE	$918	$153	$61		
ENGINEERING	$12,000	$2,000	$0	$2,000	
ARBITRAGE	$900	$0	$0	$0	
DISSEMINATION	$7,000	$1,167	$1,167	$0	
ATTORNEY	$25,000	$4,167	$1,100	$3,067	
ASSESSMENT ADMINISTRATION	$10,000	$10,000	$10,000	$0	
ANN UAL AUDIT	$3,800	$0	$0	$0	
TRUSTEE FEES		$7,000	$7,000	$0	
MANAGEMENT FEES	$35,000	$5,833	$5,833	($0)	
INFORMATION TECHNOLOGY	$600	$100	$100	$0	
TELEPHONE	$300		$0	$50	
POSTAGE	$1,212	$202	$101	$101	
PRINTING & BINDING	$1,200	$200	$0	$200	
INSURANCE	$6,350	$6,350		$456	
LEGAL ADVERTISING	$2,000		$755	($422)	
OTHER CURRENT CHARGES	$500		$0	$83	
PROPERTY APPRAISER FEE	$150		$0		
PROPERTY TAXES	$1,100	$183	$8	$176	
OFFICE SUPPLIES	$300		$0	$50	
DUES, LICENSES & SUBSCRIPTIONS	$175	$175		$0	
TOTAL ADMINISTRATIVE	$127,505	$40,072	$32,994	$7,077	
MAINTENANCE:					
LANDSCAPE/LAKE MAINTENANCE	$168,495	$28,083	$7,266	$20,817	
UTILITIES	$50,000		$0	$8,333	
CONTINGENCY	$10,000	$1,667	$0	$1,667	
TOTAL MAINTENANCE	$228,495	$38,083	$7,266	$30,817	
TOTAL EXPENDITURES	$356,000	$78,154	$40,260	$37,894	
EXCESS REVENUES {EXPENDITURES)	$0		($27,086)		
FUND BALANCE - Beginning	$0		$85,339		
FUND BALANCE · Ending	$0		$58,253		

$333

$25

$50

$175

$8,333

2

ROLLING OAKS
COMMUNITY DEVELOPMENT DISTRICT

DEBT SERVICE FUND SERIES 2016

$5,877

Statement of Revenues, Expenditures and Changes in Fund Balance For the Period Ending November 30, 2019

REVENUES:	ADOPTED BUDGET	PRORATED BUDGET THRU 11/30/19	ACTUAL THRU 11/30/19	
VARIANCE	
ASSESSMENTS - TAX ROLL	$1,010,251	$59,273	$59,273	$0	
ASSESSMENTS - DIRECT	$114,750	$0	$0	$0	
INTEREST	$10,000	$5,877		$0	
TOTAL REVENUES	$1,135,001	$65,150	$65,150	$0	
EXPENDITURES:					
INTEREST - 11/01	$445,428	$445,428	$445,428	$0	
PRINCIPAL - 11/01	$230,000	$230,000	$230,000	$0	
INTEREST - 05/01	$440,253	$0	$0	$0	
TRANSFER OUT	$0	$0	$15,315	($15,315)	
TOTAL EXPENDITURES	$1,115,681	$675,428	$690,743	($15,315)	
EXCESS REVENUES (EXPENDITURES)	$19,320		($625,594)		
FUND BALANCE • Beginning	$734,165		$1,866,632		
FUND BALANCE • Ending	$753,485		$1,241,038		

3

ROLLING OAKS
COMMUNITY DEVELOPMENT DISTRICT

DEBT SERVICE FUND SERIES 2018
Statement of Revenues, Expenditures and Changes in Fund Balance
For the Period Ending November 30, 2019

	ADOPTED BUDGET	PRORATED BUDGET THRU 11/30/19	ACTUAL THRU 11/30/19	
VARIANCE		
REVENUES:						
ASSESSMENTS	$900,000	$0	$0		$0	
INTEREST	$5,000	$4,031	$4,031			
TOTAL REVENUES	$905,000	$4,031	$4,031		$0	
EXPENDITURES:						
INTEREST - 11/01	$350,813	$350,813	$350,813		$0	
INTEREST - 05/01	$350,813	$0	$0		$0	
TOTAL EXPENDITURES	$701,625	$350,813	$350,813		$0	
EXCESS REVENUES (EXPENDITURES)	$203,375		($346,781)			
FUND BALANCE - Beginning	$373,313		$1,277,124			
FUND BALANCE - Ending	$576,688		$930,343			

4

ROLLING OAKS
COMMUNITY DEVELOPMENT DISTRICT

CAPITAL PROJECTS FUND SERIES 2016

$15,347

Statement of Revenues, Expenditures and Changes in Fund Balance For the Period Ending November 30, 2019

	ADOPTED BUDGET	PRORATED BUDGET THRU 11/30/19		ACTUAL THRU 1 1/30/19	
VARIANCE	
REVENUES:						
INTEREST	$0		$0			
TRANSFER IN	$0		$0	$15,315	$15,315	
TOTAL REVENUES	$0		$0		$15,347	
EXPENDITURES:						
CAPITAL OUTLAY · CONSTRUCTION	$0		$0	$0	$0	
TOTAL EXPENDITURES	$0		$0	$0	$0	

EXCESS REVENUES (EXPENDITURES)				$15,347		

FUND BALANCE • Beginning	$0					

FUND BALANCE · Ending	$0			$24,824		

5

ROLLING OAKS
COMMUNITY DEVELOPMENT DISTRICT

CAPITAL PROJECTS FUND SERIES 2018
Statement of Revenues, Expenditures and Changes in Fund Balance For the Period Ending November 30, 2019

	ADOPTED BUDGET	PRORATED BUDGET THRU 11/30/19		ACTUAL THRU 11/30/19	
VARIANCE	
REVENUES:						
INTEREST		$0	$0	$7,156	$7,156	
TOTAL REVENUES		$0	$0	$7,156	$7,156	
EXPENDITURES:						
CAPITAL OUTLAY - CONSTRUCTION		$0	$0	$0	$0	
CAPITAL OUTLAY - COST OF ISSUANCE		$0	$0	$0	$0	
TOTAL EXPENDITURES		$0	$0	$0	$0	
EXCESS REVENUES (EXPENDITURES)		$0		$7,156		
FUND BALANCE • Beginning				$2,267,017		
FUND BALANCE - Ending		$0		$2,274,173		

6

�·

ROLLING OAKS
Community Development District
�	Oct	Nov	Dec	Jan	Feb	Mar

Mal	Jun	Jul	Au5	See	Total

ASSESSMENTS	$0	$13,174	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$13,174

DEVELOPER CONTRIBUTIONS

$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0

TOTAL REVENUES	I	$0	$13,174	$0	$0	$0	$0	so	so	$0	so	so	so	$13,174 1
EXP£NQIIJ/BES;
AQMINISTljAUVE;
SUPERVISOR FEES	$0	$800	so	$0	$0	$0	$0	$0	$0	$0	$0	$0	$800
FICA EXPENSE	$0	$61	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$61

ENGINEERING

$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0

ATTORNEY

$1,100	$0	$0	$0	$0	$0	$0	$0	$0	$0

$1,100

ARBITRAGE	$0	$0	$0	$0	$0	$0	$0	$0

$0	$0	so	$0

DISSEMINATION	$583	$0	$0	$0	so	$0	$0	$0	$0	$0	so	$1,167

ASSESSMENT ADMINISTRATION	$10,000	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0

$10,000

ANNUAL AUDIT	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0

TRUSTEE FEES	$3,500	$3,500	$0	$0	$0
MANAGEMENT FEES	$2,917	$2,917	$0	$0	$0

$0	$0	$0	$0	$0
$0	$0	$0	$0

$0	$0	$7,000
$0	$0

INFOIIMATION TECHNOLOGY	$50	$50	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$100

$30

TELEPHONE	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0

POSTAGE

$71	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$101

INSURANCE	$5,894	$0	$0	$0	$0	$0

$0	$0	$0	$0	$0	$5,894

PRINTING & BINDING	$0
LEGAL ADVERTISING

$0	$0	$0	$0
$0	$0	$0

$0	$0	$0	$0	$0	$0
$0	$0	$0	$0	$0	$0

OTHER OJRRENT CHARGES	$0
PROPERTY APPRAISER FEE	$0	$0

$0	$0	$0	$0	$0	$0	$0	$0
$0	$0	$0	$0	$0	$0	$0

$0	$0
$0	$0

PROPERTY TAXES	$0	$8	$0

$0	$0

$0	$0	$0	$0	$0

$175

OFFICE SUPPLIES	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0

$9,090

DUES, LICENSES & SUBSCRIPTIONS

$0	$0	$0	$0	$0

$0	$0	$0	$0

TOTAL ADMINISTRATIVE	I	$23,904
MAINTENANCE;

$0	$0	$0

$0	$0	$0	$0	$0	$0	$32,9941

LANDSCAPE/LAKE MAINTENANCE	$4,423

$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$7,266

$0	$0	$0	$0	$0	$0	$0

UTILmES	$0	$0	$0	$0	$0	$0
CONTINGENCY	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0

TOTAL MAINTENANCE	I	$4.�]J

$0	$0	$0	$0	$0	$0	$0

$0	$0	$7,266 1

TOTAL EXPENDITURES	I	S281327	$11,933	$0	$0	$0	$0

$0	$0

$0	$0	$40,260 1

EXCESS REVENUES (EXPENDmJRES)	I	($28,3271	$1,241	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	j$27,086II

ROLLING OAKS
COMMUNITY DEVELOPMENT DISTRICT
LONG TERM DEBT REPORT

SERIES 2016, SPECIAL ASSESSMENT BONDS

INTEREST RATES:	4.500%, 5.250%, 5.875%, 6.000%	
MATURITY DATE:	11/1/2047	
RESERVE FUND DEFIN ITION	MAXIMUM ANNUAL DEBT SERVICE	
RESERVE FUND REQUIREMENT	$1,124,706	
RESERVE FUND BALANCE	$1,128,303	

BONDS OUTSTANDING - 12/15/16	
$15,640,000	
LESS: PRINCIPAL PAYMENT 11/1/18	($220,000)	
LESS: PRINCIPAL PAYMENT 11/1/19	($230,000	

CURRENT BONDS OUTSTANDING	$15,190,000

SERIES 2018, SPECIAL ASSESSMENT BONDS

INTEREST RATES:	4.375%, 4.875%, 5.375%, 5.500%	
MATURITY DATE:	11/1/2049	
RESERVE FUND DEFINITION	MAXIMUM ANNUAL DEBT SERVICE	
RESERVE FUND REQUIREMENT	$899,831	
RESERVE FUND BALANCE	$902,702	
BONDS OUTSTANDING - 11/8/18	$13,160,000	
CURRENT BONDS OUTSTANDING	$13,160,000	

8

ROLLING OAKS
COMMUNITY DEVELOPMENT DISTRICT

SPECIAL ASSESSMENT RECEIPTS - FY2020 TAX COLLECTOR

	Gross Assessments	$	1,313,603	$	238,868	$	1,074,735		
	Net Assessments	$	1,234,787	$	224,536	$	1,010,251		
				2016		
Date		Gross Assessments	Discounts/	Commissions	Interest	Net Amount	General Fund	Debt Svc Fund	Total	
Received	DESCRIPTION	Received	Penalties	Paid	Income	Received	18.18%	81.82%	100%	

11/12/19
11/22/19	ACH ACH		
$901.59
$73,023.50	
$18.03
$1,460.47		
$0.00
$0.00		
$0.00
$0.00		
$
$	
883.56
71,563.03	
$
$	
160.67
13,013.15	s s	
722.89
58,549.88	
$
$	
883.56
71,563.03	

Totals		$	73,925.09	$	1,478.50	$		$		-	$	72,446.59	s	13,173.82	$	59,272.7L	$	72.l446.59	

DIRECT BILLED ASSESSMENTS

ROLLING OAKS SPLENDID LLC

DATE RECEIVED	DUE DATE	CHECK NO.	NET ASSESSED	AMOUNT RECEIVED	DEBT SERVICE FUND 2016	DEBT SERVICE FUND 2018	
	12/1/19		$507,375.00		$57,375.00	$450,000.00	
	2/1/20		$253,687.50		$28,687.50	$225,000.00	
	5/1/20		$253,687.50		$28,687.50	$225,000.00	
		Total Assessed	$1J)14J_50.00	$0.00	$114,750.00	$900,000.00	

9

Rolling Oaks
Community Development District

Special Assessment Bonds, Series 2016

Date	Reg uisition #	Contractor	Description	Requisitions	
Fiscal Year 2019
2/5/19	
3	
Rolling Oaks Splendid LLC	
Completed Public Facilities, Drainage & Utility Infrastructure	
$	132,674.32	
		TOTAL		$	132,674.32	

Fiscal Year 2019
10/1/18		
Interest		
$	1 88.06	
10/1/18		Transfer In (Out)		$	9,373.03	
11/1/18		Interest		$	21 5.20	
12/1/18		Interest		$	226.41	
1/2/19		Interest		$	243.68	
2/1/19		Interest		$	255.97	
3/1/19		Interest		$	33.26	
4/1/19		Interest		$	0.06	
4/1/19		Transfer In		$	9,373.03	
5/1/19		Interest		$	0.67	
6/3/19		Interest		$	1 8.25	
7/1/19		Interest		$	17.47	
8/1/19		Interest		$	17.86	
9/1/19		Interest		$	16.37	
		TOTAL		$	19,979.32	

Acquisition/Construction Fund at 09/30/2018	
$	122,171.97	
Interest Earned and Transfer In thru 09/30/19	$	19,979.32	
Requisitions Paid thru (}IJ/30/19	$	(132,674.32}	
Remaining Acquisition/Construction Fund	$	9,476.97	

10

Rolling Oaks
Community Development District

Special Assessment Bonds, Series 2018

Date	Requisition #	Contractor	Descrietion	Re9uisitions	
Fiscal Year 2019
2/5/19	
1	
Rolling Oaks Splendid LLC	
Public Facility Roadway, Drainage & Utility lnfrastructue	
$ 4, 1 90,806.93	
7/1/19	2	Rolling Oaks Splendid LLC	Public Facility Roadway, Drainage & Utility lnfrastructue	$ 4,777,1 42.38	
	TOTAL		$	8,967,949.31	

Flscal Year 2019 12/3/18	
Interest		
$	1 4,627.38	
1/2/19	Interest		$	20,485.37	
2/1/19	Interest		$	21 ,51 7.15 	
3/1/19	Interest		$	1 3,247.68	
4/1/19	Interest		$	1 3,605.65	
5/1/19	Interest		$	13,252.1 5	
6/3/19	Interest		$	1 3,582.43	
7/1/19	Interest		$	1 3,005.82	
8/1/19	Interest		$	1 0,71 6.87	
9/1/19	Interest		$	3,916.1 2	
	TOTAL		$	137,956.62	
		Acquisition/Construction Fund at 11/8/2018 Interest Earned 09/30/19
Requisitions Paid thru 09/30/19	$   11,096,886.45
$	137,956.62
$   (8,967,949.31)	
		Remaining Acquisition/Construction Fund	$	2,266,893.76	

Date	Requisition # Fiscal Year 2020

Contractor	Description

TOTAL

Re9ulsitions

$

Fiscal Year 2020 10/1/19
11/1/19

Interest Interest TOTAL

Acquisition/Construction Fund at 09/30/19 Interest Earned 11/30/19
Requisitions Paid thru 11/30/19 Remaining Acquisition/Construction Fund

11

$	3,71 5.40
$	3,440.07
$	7,lSS.47

$	2,266,893.76
$	7,155.47
$

$	2,274,049.23