Rolling Oaks Community Development District

Agenda March 23, 2023

Thursday
Rolling Oaks Community Development District
Meeting Agenda
March 23, 2023	Margaritaville Resort Orlando
1:00 p.m.	8000 Fins Up Circle, Kissimmee, FL 34747

Roll Call
Public Comment Period
Approval of Minutes of the February 23, 2023 Meeting
Consideration of Creative North Lawn & Landscape Maintenance Agreement
Consideration of Creative North Pond Mowing Maintenance (Ponds 4 & 5)
Consideration of Request for Transfer of Environmental Resource Permit to Operation and Maintenance Entity for Phase 7
Consideration of Request for Transfer of Environmental Resource Permit to Operation and Maintenance Entity for Phase 8 – ADDED
Consideration of Resolution 2023-05 Approving the Conveyance of Replat Tracts LS-1 and LS-2 Lift Stations to TOHO - ADDED
Staff Reports
Attorney
Engineer
District Manager’s Report
Approval of Check Register
Balance Sheet and Income Statement
Supervisor’s Requests
Next Meeting Date – April 27, 2023
Adjournment

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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, February 23, 2023 at 1:00 p.m. in the Continental Drifter Room at the Margaritaville Resort Orlando, 8000 Fins Up Circle, Kissimmee, Florida.

Present and constituting a quorum were:

John Chiste	Chairman
Jared Bouskila	Vice Chairman
Peter Brown	Assistant Secretary
Steven Dougherty by phone	Assistant Secretary

Also present were:

George Flint	District Manager
Vivek Babbar by phone	District Counsel

FIRST ORDER OF BUSINESS	Roll Call
Mr. Flint called the meeting to order and called the roll.

SECOND ORDER OF BUSINESS	Public Comment Period
Mr. Babbar joined the meeting by telephone at this time.

THIRD ORDER OF BUSINESS	Approval of the Minutes of the November 17,
2022 Meeting

February 23, 2023	Rolling Oaks CDD

FOURTH ORDER OF BUSINESS	Consideration  of  Data  Sharing  and  Use
Agreement
Mr. Flint stated this is an agreement with the property appraiser saying that any confidential information they provide us we will keep confidential.

FIFTH ORDER OF BUSINESS	Consideration	of	Arbitrage	Rebate
Computation Proposal from AMTEC
Mr. Flint stated next is a proposal from AMTEC for the arbitrage rebate calculation. We are required by the IRS to demonstrate that we are not earning more interest than we are paying and the board has retained AMTEC for that calculation. They are proposing $450 a year fee and it is a five-year proposal.

SIXTH ORDER OF BUSINESS	Ratification of Proposal for Crosswalk Lights
Replacement
Mr. Flint stated next is a proposal to replace the crosswalk lights. These are the lights that are embedded in the pavement at the crosswalks.
Mr. Brown stated they are not that old and when they take them out and if it wasn’t hit by lightning, we will get a rebate. Mr. Flint stated this is worst case scenario assuming nothing is covered.

February 23, 2023	Rolling Oaks CDD

SEVENTH ORDER OF BUSINESS	Ratification of Lighting Service Agreement
with Duke Energy for Fins Up Circle

EIGHTH ORDER OF BUSINESS	Ratification of Requisition no. 3

NINTH ORDER OF BUSINESS	Staff Reports
Attorney
There being none, the next item followed.

Engineer
There being none, the next item followed.

Manager
Approval of Check Register

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 Reports
A copy of the arbitrage rebate calculation report for the series 2016 and 2018 bonds was included in the agenda package.

February 23, 2023	Rolling Oaks CDD

TENTH ORDER OF BUSINESS	Supervisor’s Requests
Mr. Bouskila asked when you look into the rebate concept can you determine if this is a carryover type concept or something that is done annually?
Mr. Flint responded you have to report it every five years, we do the calculation annually. That may answer part of the question right there if you have some years with negative and some years with positive, they may offset each other.

ELEVENTH ORDER OF BUSINESS	Next Meeting Date – March 23, 2023
Mr. Flint stated the next meeting is scheduled for March 23, 2023.

TWELFTH ORDER OF BUSINESS	Adjournment

Secretary/Assistant Secretary	Chairman/Vice Chairman

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PROPERTY MAINTENANCE • LANDSCAPE CONTRACTOR

CREATIVE NORTH, INC.
1565 NORTH PARK DRIVE SUITE 102, WESTON FL 33326
WWW .CREATIVENORTHINC.COM

LAWN & LANDSCAPE MAINTENANCE SERVICE CONTRACT

This agreement is made and entered into on March 1si, 2023, through February 28th, 2024, with automatic renewals further defined below.
Between Client:	Rolling Oaks coo6'hases 4 & 5  Lf'AtlSCl'-fl'	R0Ni4 't>lt:t..-,1. )
219 E. Livingston Street Orlando, FL_32801

And ContYactor:	Creafive  th---;lnc.
1565 North-Park Drive Suite 102
Weston, FL 33326
Whereas Contractor provides Landscaping Services. Whereas Client is the entity responsible for the operation of:
COD Property Along Fins Up Circle Roadway by Phases 7,8,9,10.

Whereas Client desires to retain the Contractor to provide the Landscaping Services hereinafter required by this agreement for the properties listed above.

Now, therefore, intending to be legally bound, in consideration of the terms, conditions and covenants hereinafter contained, the parties to this agreement do hereby agree to as follows:

Responsibilities
The contractor will be responsible for providing and completing the services outlined in our Service Production Schedule.

The Contractor will not be responsible for sprinkler or other damages which may have occurred by reckless drivers, vandalism, theft, or negligence of others. We will be responsible for all damage to sprinkler heads, light fixtures, walls or any other relevant damage caused as a direct result of services provided on the day the damage occurs. Any corroborating evidence in the possession of the homeowner e.g., pictures, videos or witness statements should be provided to the CDD office within (5) days of the damage occurrence.

The Client agrees to pay in full within 30 days of receipt of the invoice. All services are billed monthly on a per service basis and only services that have been completed will be billed as per the contracted price. 3% will be added per month on past due account balances. The Client maintains the right to withhold payment for failure to complete services satisfactorily. The Contractor accepts that failure to perform duties satisfactorily may result in a reduction in payments for services not completed.
PROPERTY MAINTENANCE• LANDSCAPE CONTRACTOR

CREATIVE NORTH, INC.
1565 NORTH PARK DRIVE SUITE l 02, WESTON FL 33326
WWW .CREATIVENORTHINC.COM

The Contractor reserves the right to suspend its service due to non-payment by the Client to the Contractor and this shall be grounds for termination of this agreement upon 5 days written notice to allow the default to cure in the event the payment regarding this agreement is delinquent. After proper notice & opportunity to cure and the Contractor institutes action to collect the amount due, or for any other cause of action or enforcement. Client agrees to pay all costs of collection, including reasonable attorney's fees, should the Contractor prevail. Client is entitled to the same remedy. All legal action must commence in Osceola County where the work was performed.

All invoices will be provided to the Client within the month services were rendered. Monthly servicing maintenanc invoices will be provided by the 10th of the month, with any changes due to incompletion or "Acts of
-God" made on the following month.	- 	_- 	

In connection with any litigation or dispute arising out of this agreement or any "extra work" the Contractor shall be entitled to recover attorney's fees and costs including but not limited to trial and appellate attorney's fees, should the Contractor prevail. The Client is entitled to the same.

Any changes to this agreement can only be made in writing signed by the Client and the Contractor.

TERM OF CONTRACT
This agreement shall be in effect for an initial period of one (1) year commencing on March 1st, 2023 and will automatically renew for an additional one-year period at the end of each term.

TERMINATION OF CONTRACT
Client may, at the time with or without cause upon ninety (90) days written notice to Contractor specifying the effective date of termination, terminate the contract. Contractor may, at any time with or without cause upon ninety (90) days written notice to Client specifying the effective date of termination, terminate the contract.
PROPERTY MAINTENANCE • LANDSCAPE CONTRACTOR

CREATIVE NORTH, INC.
1565 NORTH PARK DRIVE SUITE l 02, WESTON FL 33326
www.CREATIVENORTHINC.COM

SCOPE OF SERVICES AND SPECIFICATIONS

Service Areas Covered by this Contract.
CDD Property along Fins Up Circle Roadway by Phases 7,8,9,10 (From Rolling Oaks Blvd to Surf Street
@ Exit Gate).

LAWN CARE SERVICE

Lawn Service
Common Areas, and grassy areas shall be cut (32) times annually.		

Edging & Line Trimming
Service shall be done with each service around the following areas: plant/flower beds, and sidewalks, Service shall be done using care not to damage tree trunks, plants, shrubbery, flowers, plant beds, etc.

Trimming
Ornamental Trimming of all hedges, plants and shrubs shall be done once per month, (12) cuts annually. All trimming shall abide by the County Code and Association design specifications. No unit or common area shall be permitted to exceed Code at any time. All units shall receive service even if the unit modified the original landscape. Areas with an abundance of additional foliage or exotic items may be excluded or have the required service modified at the direction of the Client.

LANDSCAPE BED WEED CONTROL

Detailing of planted areas will be performed once per month.
All bed weeds are to be treated on a continual basis.
Pre-emergent and post-emergency chemical weed control shall be used in the shrub beds and tree rings. This shall include weeds in the hard surface cracks and joints.
Treatment controls the following weeds: Com (volunteer), Panicum Rye (common), Shattercane, Sickle pod, Spanish needles, and Starbur (bristly).
Treatment suppresses the following weeds: Beggarweed, Bermuda grass, Dogbane (hemp), Dogfennel, Guinea grass, Johnson grass, Milkweed, Nightshade (silverleaf), Pigweed (redroot), Ragweed (common), Ragweed (giant), Smut grass, Sunflower, Thistle (musk), Vasey grass, and Velvet leaf.
Treatment does not imply that new weeds will not surface and in no way certify that there will be always zero weeds in the community.

LAWN WEED CONTROL

Weed control for Bahia turf only.
Two (2) liquid spot treatments.
Treatment controls the following Broad leaf:
PROPERlY MAINTENANCE • LANDSCAPE CONTRACTOR

CREATIVE NORTH, INC.
1565 NORTH PARK DRIVE SUITE l 02, WESTON FL 33326
WWW .CREATIVENORTHINC.COM

Annual morning glory, ground cherry, jimsonweed, kochia, lamb's quarters, mustard, nightshade, pigweed, purslane, ragweed, sickle pod, velvet leaf (button weed), wild oats, witch grass (panicum capillare), and yellow foxtail.
Post-emergence: Annual morning glory, cocklebur, jimsonweed, lamb's quarters, mustard, pigweed, ragweed, smartweed, velvetleaf (button weed), and wild buckwheat.
Treatment does not imply that new weeds will not surface and in no way certify that there will be always zero weeds in the community.

LANDSCAPE TREE/PALM MANAGEMENT				

The contractor shall be responsible for normal maintenance specified as palm pruning to remove dead or yellow fronds, to a height of 12'. The service is recommended at least once per year, at a cost of $40.00 per Sabal and $55.00 per Medjool.

FERTILIZATION AND PEST CONTROL

Fertilization
I. Common areas, palms, trees & shrubs shall be done every four months, three (3) applications annually, with Turf fertilization occurring two (2) times using a granular application, including fire-ant treatment. The products used for fertilization shall be such as to ensure the best possible health and color of turf, palms, trees & shrubs.
Green Industry Standards do not allow any product applications (fertilization and pest control) within 20 feet of any body of water.

Pest Control
Integrated pest management or IPM will be done once per month (12) Annually, is the management of pest problems that involves the use of the full spectrum of control measures in a coordinated, integrated and foresighted manner. A cornerstone of IPM is the idea that taking preventative steps to preclude a pest problem is preferable to waiting for pests to arrive and then having to eradicate them. This is the recommended means of treatment.

Each area will be inspected once a month. Areas that require pest control shall be treated accordingly.
The control of lawn & ornamental pests shall include Ornamental damaging insects, cinch bugs, scales, spider, mites, wasp, aphids, leaf hoppers, mealy bugs, thrips, sod webworms, army worms, fire ants, and other common pests which may be killed upon direct contact with the chemical. Due to the added cost of products, this proposal does not include treatment for whiteflies, fleas, tics or any other exotic pests. However, since native species of plant materials are being installed and no Ficus are present, these problems should really not arise. A separate treatment plan can be proposed if needed.
Green Industry Standards do not allow any chemical applications (fertilization and pest control) within 20 feet of any body of water.
PROPER1Y MAINTENANCE • LANDSCAPE CONTRACTOR

CREATIVE NORTH, INC.
1565 NORTH PARK DRIVE SUITE l 02, WESTON FL 33326
www.CREATIVENORTHINC.COM

IRRIGATION MAINTENANCE

Irrigation Services
Irrigation system will be visually checked once per month throughout the community. Adjustments will be performed, if necessary, to correct timing, obstructed heads, proper trajectory and coverage.
(Upon determination of the cause of the damage) If proven that the contractor was the cause, contractor agrees to make all necessary repairs at contractor's expense.
Damages not caused by the contractor exceeding $500 will be presented to the Property Manager and invoiced upon approval. All damage underj_500.00 wil_l-be repaired and invoiced to the CDD office.
All irrigation material/parts used will be invoiced to the CDD.

Contractual irrigation services as provided herein include services during normal business hours, Monday­ Friday between 8:00 am - 4:00 pm. After hours, weekend, holiday and or emergency irrigation services are available at the following hourly rates.
Manager: $75 per hour
Foreman: $55 per hour
Technician: $45 per hour

No fee shall be incurred by the Client for the remote control of the irrigation system, to include but not limited to shutting off the system outside of the established business hours.

GENERAL CONDITIONS

Daily, the Contractor will communicate with the Property Manager for any landscape issues requiring attention and will provide photographic and written descriptions of the matters to include the address(es) affected.
A supervisor shall be on site at all times while the work crew is present.
Removal of overburdens shall be done the same day as serviced. Overburdens as used here is defined as mowing debris, leaves, branches, trimmings, etc. In the event of inclement weather and the job is not complete, crews shall return the following day or as weather permits.
Any extra work in any areas must be approved in advance by Client and supported by a written and signed price proposal/purchase order.

CATASTROPHE SERVICE RESPONSE PROVISION
Creative North, Inc. understands the importance of emergency response following a major storm or wind event. To better assist our clients, we established the Priority Service Palm which Margaritaville CDD will be included as part of.

Basic Outline
Contractor guarantees response in the event of a major storm or wind event emergency.
Aventura Isles will be placed number one on our catastrophic event priority response schedule.
PROPER1YMAINTENANCE• LANDSCAPE CONTRACTOR

CREATIVE NORTH, INC.
1565 NORTH PARK DRIVE SUITE l 02, WESTON FL 33326
www.CREATIVENORTHINC.COM

Up front fixed costs for most common types of emergency equipment and labor (See Schedule below)

=

Hurricane/Catastrophic Event Fixed Fee Schedule-

Description	
Specifications	
Size	
HP	
Notes	
Units	
Rates	

Back-Pack Blower					
hour	
$45	
Ride-On Blower			18		hour	$50	
Chainsaw	Bar Lenqth 20"	20 in.	3.0 cu in		hour	$65	
Chainsaw	Bar Length 20"	20 in.	5.0 cu in		hour	$65	
Chainsaw	Bar Lenqth 20"	20 in.	6.0 cu in		hour	$65	
Chainsaw	Bar Length	16 in.			hour	$65	
Chainsaw	Bar Lenqth	25 in.			hour	$65	
Chainsaw, Pole	Bar Size	18 in.			hour	$65	
Chipper, Brush	Chippinq Capacity	14 in.	to 85	Trailer Mounted	hour	$23	
Loader-Wheel			to 240	Bucket	hour	$120	
Aerial Lift,
Self-Propel led	
Max. Platform Heiqht	
40 ft.	
to 60		
hour	
$135	
Stump Grinder			102		hour	$145	
Chipper			125		hour	$145	
Truck, Dump	Struck Capacity	10CY	to 220		hour	$125	
Truck, Dump	Struck Capacity	14 CY	to 320		hour	$160	
General Manaqer					hour	$85	
Landscape Manager					hour	$65	
Laborer					hour	$45	
*All equipment costs include operator.

Communication Requirements by Client
PROPERTY MAINTENANCE • LANDSCAPE CONTRACTOR

CREATIVE NORTH, INC.
1565 NORTH PARK DRIVE SUITE 102, WESTON FL 33326
WWW .CREATIVENORTHINC.COM

Contractor will respond to the Client within 24-hours, Monday through Friday (during business hours), on all matters and will provide a resolution timeline within 48-hours (during business hours). Contractor will notify Client within 24-hours when a matter has been resolved, which will include pictures documenting as such.

All communications will be in writing or as defined by the Client.

This agreement was executed by the Parties involved below, on the date specijied.

Date: 		By:  ---------------
Rolling Oaks CDD

Date: 		By:	­
Creative North, Incorporated

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IJab Desalpllon																
Landscape Maintenance- Common Areas																
Ornamental Trimming- Common Areas																
Landscape Tree/Palm Trimming (Sabals & Medjools																
Integrated Pest Management (1PM)					12	$7,200.00	$600.00									
Fertlllzatlon - Palms1.Shrubs & Ground Cover					_s ,soo.oo	$4,500.00										
Fertlllzatlon - Truf Lawn Weed Control Including Fire Ants
(Granular Weed & Feed)					$9,000.00	$4,500.00										
	$ 6,045.50	$6,045.50	$12,151.75	$12,151.75	$7,651.75	$ 7,651.75	$12,151.75	$7,651.75	$7,651.75	$ 7,651.75	$15,045.50	$6,045.50	$107,896.00	$107.896.00		

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PROPERlY MAINTENANCE• LANDSCAPE CONTRACTOR

CREATIVE NORTH, INC.
1565 NORTH PARK DRIVE SUITE 102, WESTON FL 33326
WWW .CREATIVENORTHINC.COM

LAWN & LANDSCAPE MAINTENANCE SERVICE CONTRACT

This agreement is made and entered into on March 1s1, 2023, through February 28th, 2024, with automatic renewals further defined below.

Between Client:

 	
7\.hcrContYactor:
Rolling Oaks cnn{Lake Banks)
219 E. Livingston Street Orlando, FL 32801

Creative North, Ific-:---
1565 North Park Drive Suite 102
Weston, FL 33326

Whereas Contractor provides Landscaping Services.

Whereas Client is the entity responsible for the operation of:
Rolling Oaks CDD Lake Banks: (Pond #4 & #5)

Whereas Client desires to retain the Contractor to provide the Landscaping Services hereinafter required by this agreement for the properties listed above.

Now, therefore, intending to be legally bound, in consideration of the terms, conditions and covenants hereinafter contained, the parties to this agreement do hereby agree to as follows:

Responsibilities
The contractor will be responsible for providing and completing the services outlined in our Service Production Schedule.

The Contractor will not be responsible for sprinkler or other damages which may have occurred by reckless drivers, vandalism, theft, or negligence of others. We will be responsible for all damage to sprinkler heads, light fixtures, walls or any other relevant damage caused as a direct result of services provided on the day the damage occurs. Any corroborating evidence in the possession of the homeowner e.g., pictures, videos or witness statements should be provided to the CDD office within (5) days of the damage occurrence.

The Client agrees to pay in full within 30 days of receipt of the invoice. All services are billed monthly on a per service basis and only services that have been completed will be billed as per the contracted price. 3% will be added per month on past due account balances. The Client maintains the right to withhold payment for failure to complete services satisfactorily. The Contractor accepts that failure to perform duties satisfactorily may result in a reduction in payments for services not completed.
PROPERTY MAINTENANCE • LANDSCAPE CONTRACTOR

CREATIVE NORTH, INC.
1565 NORTH PARK DRIVE SUITE l 02, WESTON FL 33326
WWW.CREATIVENORTHINC.COM

The Contractor reserves the right to suspend its service due to non-payment by the Client to the Contractor and this shall be grounds for termination of this agreement upon 5 days written notice to allow the default to cure in the event the payment regarding this agreement is delinquent. After proper notice & opportunity to cure and the Contractor institutes action to collect the amount due, or for any other cause of action or enforcement. Client agrees to pay all costs of collection, including reasonable attorney's fees, should the Contractor prevail. Client is entitled to the same remedy. All legal action must commence in Osceola County where the work was performed.

All invoices will be provided to the Client within the month services were rendered. Monthly servicing maintenance invoices will be provided by1he 10th of the month, with any changes due to incompletion or "Acts of God" made on the followLng month.	-- 		

In connection with any litigation or dispute arising out of this agreement or any "extra work" the Contractor shall be entitled to recover attorney's fees and costs including but not limited to trial and appellate attorney's fees, should the Contractor prevail. The Client is entitled to the same.

Any changes to this agreement can only be made in writing signed by the Client and the Contractor.

TERM OF CONTRACT
This agreement shall be in effect for an initial period of one (1) year commencing on March 1st, 2023 and will automatically renew for an additional one-year period at the end of each term.

TERMINATION OF CONTRACT
Client may, at the time with or without cause upon ninety (90) days written notice to Contractor specifying the effective date of termination, terminate the contract. Contractor may, at any time with or without cause upon ninety (90) days written notice to Client specifying the effective date of termination, terminate the contract.

SCOPE OF SERVICES AND SPECIFICATIONS

Service Areas Covered by this Contract.
Rolling Oaks CDD Pond Banks of Ponds #4 & #5

LAWN CARE SERVICE

Lawn Service
Common Areas, and grassy areas shall be cut (32) times annually.

Edging & Line Trimming
Service shall be done with each service around the following areas: Lake banks and walkways. Service shall be done using care not to damage tree trunks, plants, shrubbery, flowers, plant beds, etc.
PROPERTY MAINTENANCE • LANDSCAPE CONTRACTOR

CREATIVE NORTH, INC.
1565 NORTH PARK DRIVE SUITE l 02, WESTON FL 33326
WWW .CREATIVENORTHINC.COM

FERTILIZATION AND PEST CONTROL

Fertilization
Turf fertilization will occur two (2) times using a granular application, including fire-ant treatment. The products used for fertilization shall be such as to ensure the best possible health and color of turf.
Green Industry Standards do not allow any product applications (fertilization and pest control) within 20 feet of any body of water.

GENERAL CONDITIONS

1-:-Daily,tlfe Contractor will communicate with the PropeffyManager for any landscape issues requiring attention and will provide photographic and written descriptions of the matters to include the address(es) affected.
Contractor agrees to take part in a minimum of bi-monthly (twice a month) inspections of the property to ensure performance of this agreement.
A supervisor shall be on site at all times while the work crew is present.
Removal of overburdens shall be done the same day as serviced. Overburdens as used here is defined as mowing debris, leaves, branches, trimmings, etc. In the event of inclement weather and the job is not complete, crews shall return the following day or as weather permits.
Any extra work in any areas must be approved in advance by Client and supported by a written and signed price proposal/purchase order.

Communication Requirements by Client

Contractor will respond to the Client within 24-hours, Monday through Friday (during business hours), on all matters and will provide a resolution timeline within 48-hours (during business hours). Contractor will notify Client within 24-hours when a matter has been resolved, which will include pictures documenting as such.

All communications will be in writing or as defined by the Client.
PROPERTY MAINTENANCE • l.ANDSCAPE CONTRACTOR

CREATIVE NORTH, INC.
1565 NORTH PARK DRIVE SUITE l 02, WESTON FL 33326
WWW .CREATIVENORTHINC.COM

This agreement was executed by the Parties involved below, on the date specified.

Date: 		By:	­
Rolling Oaks CDD

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Date: ---------	By:	­
Creative North, Incorporated

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Job Description
Landscape Mowing - Lake Banks: Including Blowing Walkways and line Trimming
Fertilization -Turf Lawn Weed Control Including Fire Ants (Granular Weed & Feed)

1
$3,SU.OO I $3,SU.OO I $5,268.00 I $9,768.00 I $5,268.00 I $5,268.001$5,268.00 I $5,268.00

1	z
$5,268.00 $8,012.00 $3,512.00 $65,192.00
COST PER
Annual	SERVICf/P Investment		ERJ08
$56,192.00 $1,756.00

$9,000.00  $4,500.00
$65,192.00

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Request for Transfer of Environmental Resource Permit
	to the Perpetual Operation and Maintenance Entity	

Instructions: Complete this form to transfer to the permit to the operation and maintenance entity. This form can be completed concurrently with, or within 30 days of approval of, the As-Built Certification and Request for Conversion to Operation Phase (Form 62-330.310(1)). Please include all documentation required under Section 12.2.1(b) of Applicant’s Handbook Volume I (see checklist below). Failure to submit the appropriate final documents will result in the permittee remaining liable for operation and maintenance of the permitted activities.

Permit No.:	Application No(s):
Project Name:	Phase (if applicable):

Request to Transfer: The permittee requests that the permit be transferred to the legal entity responsible for operation and maintenance (O&M).

By:
 	
Signature of Permittee	Name and Title

Company Name	Company Address

Phone/email address	City, State, Zip

Agreement for System Operation and Maintenance Responsibility: The below-named legal entity agrees to operate and maintain the works or activities in compliance with all permit conditions and provisions of Chapter 62-330, Florida Administrative Code (F.A.C.) and Applicant’s Handbook Volumes I and II.

Authorization for any proposed modification to the permitted activities shall be applied for and obtained prior to conducting such modification.

By:
 	
Signature of Representative of O&M Entity	Name of Entity for O&M

Name and Title	Address

Email Address	City, State, Zip

Phone	Date

Enclosed are the following documents, as applicable:

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Request for Transfer of Environmental Resource Permit
	to the Perpetual Operation and Maintenance Entity	

Instructions: Complete this form to transfer to the permit to the operation and maintenance entity. This form can be completed concurrently with, or within 30 days of approval of, the As-Built Certification and Request for Conversion to Operation Phase (Form 62-330.310(1)). Please include all documentation required under Section 12.2.1(b) of Applicant’s Handbook Volume I (see checklist below). Failure to submit the appropriate final documents will result in the permittee remaining liable for operation and maintenance of the permitted activities.

Permit No.:	Application No(s):
Project Name:	Phase (if applicable):

Request to Transfer: The permittee requests that the permit be transferred to the legal entity responsible for operation and maintenance (O&M).

By:
 	
Signature of Permittee	Name and Title

Company Name	Company Address

Phone/email address	City, State, Zip

Agreement for System Operation and Maintenance Responsibility: The below-named legal entity agrees to operate and maintain the works or activities in compliance with all permit conditions and provisions of Chapter 62-330, Florida Administrative Code (F.A.C.) and Applicant’s Handbook Volumes I and II.

Authorization for any proposed modification to the permitted activities shall be applied for and obtained prior to conducting such modification.

By:
 	
Signature of Representative of O&M Entity	Name of Entity for O&M

Name and Title	Address

Email Address	City, State, Zip

Phone	Date

Enclosed are the following documents, as applicable:

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RESOLUTION 2023-05
A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE ROLLING OAKS COMMUNITY DEVELOPMENT DISTRICT AUTHORIZING AND APPROVING THE CONVEYANCE OF THE REPLAT LIFT STATION LANDS AND IMPROVEMENTS TO TOHO; AND AUTHORIZING THE EXECUTION OF ANY DOCUMENTS NECESSARY TO CARRYOUT THE FOREGOING.
WHEREAS, the Rolling Oaks Apartments, LLC (the “Developer”) constructed certain lift station improvements, including all pipes, valves, fittings, wet well, pumps, electrical panels, fencing and other equipment as specified on the Construction Plans for Rolling Oaks Replat as prepared by Madden, Moorhead & Stokes, LLC and as approved by TOHO on May 6, 2021 upon certain real property in Osceola County, more particularly described as Tract LS-1 and Tract LS-2, Rolling Oaks Replat, according to the plat thereof, recorded in Plat Book 32, Pages 171 through 177, of the Public Records of Osceola County, Florida (collectively, the “Replat Lands and Improvements”);
WHEREAS, the Replat Lands and Improvements were part of the public capital improvement project of the Rolling Oaks Community Development District (the “District”);
WHEREAS, pursuant to the agreements between the Developer and the District with respect to the District’s issuance of its special assessment bonds, the District is to acquire the Replat Lands and Improvements and then convey them to the appropriate public entity for ownership and maintenance;
WHEREAS, the Tohopekaliga Water Authority, an independent special district established and created pursuant to Chapter 189, Florida Statutes, by special act of the Florida Legislature (“Toho”) has indicated its willingness to accept the ownership and maintenance of the Replat Lands and Improvements;
WHEREAS, the District has on file documents and correspondence pertaining to the Replat Lands and Improvements and in reliance upon such information and certification by the District Engineer it has determined that the Replat Lands and Improvements were constructed in compliance with all permits, specifications, and requirements and it is in the District’s best interest to accept the Replat Lands and Improvements from the Developer and then convey such Replat Lands and Improvements to Toho.
Now Therefore, Be It Resolved By The Board of Supervisors of the District:
Section 1.  The District hereby accepts the conveyance from the Developer of the Replat Lands and Improvements.
Section 2.  The Chair or Vice Chair of the Board is authorized and directed to sign the Warranty Deed, Affidavit, and Bill of Sale to convey the Replat Lands and Improvements to Toho, subject only to final review and approval by the District's legal counsel.
Section 3.  The Chair or Vice Chair of the Board, and all officers and staff of the District, are authorized and directed to take any such action and execute such other documents as may further be required to carry out the intent of the foregoing and for any other tracts in the same plat.
Passed and Adopted on March 23, 2023.

Attested By:

Secretary/Assistant Secretary	Rolling Oaks
Community Development District

Chair/Vice-Chair of the Board of Supervisors	

{00118190.DOCX/}

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Summary of Check Register

February 1, 2023 to February 28, 2023

Fund	Date	Check No.'s	Amount	
General Fund				
	2/3/23	449	$	170.48	
	2/9/23	450-451	$	12,233.08	
	2/16/23	452-454	$	182,235.51	

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	3/15/23	PAGE	1
*** CHECK DATES 02/01/2023 - 02/28/2023 ***	ROLLING OAKS GENERAL FUND
BANK A GENERAL FUND
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				 AMOUNT	#
2/03/23  00028	1/19/23 INV14855 202301 320-53800-46201	*	170.48
IRRIGATION REPAIR
REW LAWN & IRRIGATION	170.48  000449
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/09/23 00028	2/01/23 INV14999 202302 320-53800-46203	*	9,450.00 LANDSCAPE MAINT FEB 23
2/06/23 INV15021 202302 320-53800-46201	*	143.84
REPAIR BASELINE TIMER
REW LAWN & IRRIGATION	9,593.84  000450
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/09/23 00019	2/01/23 PSI-4908 202302 320-53800-47000	*	1,109.80 POND MAINTENANCE FEB 23
2/01/23 PSI-5170 202302 320-53800-47000	*	1,529.44 POND MAINTENANCE FEB 23
SOLITUDE LAKE MANAGEMENT	2,639.24  000451
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
114	202302 310-51300-34000	*	3,154.42
MANAGEMENT FEES FEB 23
114	202302 310-51300-35200	*	49.50
WEBSITE ADMIN FEB 23
114	202302 310-51300-35100	*	83.33
INFORMATION TECH FEB 23
114	202302 310-51300-31300	*	666.67
DISSEMINATION SVC FEB 23
114	202302 310-51300-51000	*	.81
OFFICE SUPPLIES FEB 23
114	202302 310-51300-42000	*	38.85
POSTAGE FEB 23
114	202302 310-51300-42000	*	38.01
STAMPS FEB 23
GOVERNMENTAL MANAGEMENT SERVICES	4,031.59  000452
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/16/23  00013	2/14/23 02142023 202302 300-20700-10300	*	43,811.82
TSFR OF TAX RCPTS S18
	ROLLING OAKS	CDD	C/O	REGIONS	BANK			43,811.82	000453								
- - - - - - - -	- - - - - - - - -	- - - - - - - - - - - - - - - -	- -	- -	- - - -	- - -	- - - -	- - - - - - - - - -	- - - - -	- - -							
2/16/23 00013	2/14/23 02142023
TSFR OF	202302 300-20700-10300
TAX RCPTS S16					*	134,392.10									
		ROLLING OAKS	CDD	C/O	REGIONS	BANK									134,392.10	000454	
- - - - - - - -	- - - - - - - - -	- - - - - - - - - - - - - - - -	- -	- -	- - - -	- - -	-	-	-	-	-	-	-	-	- - - - - - - - - - -	- - -	

TOTAL FOR	BANK A	194,639.07	
TOTAL FOR	REGISTER	194,639.07	

ROAK ROLLING OAKS	NRUIZ

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Rolling Oaks
Community  Development  District

Unaudited Financial Reporting
February 28, 2023

Table of Contents

1		Balance Sheet	

2-3	
	General Fund	

4	
	Series 2016 Debt Service	

5	
	Series 2018 Debt Service	

6	
	Series 2022 Debt Service	

7	
	Series 2016 Capital Projects	

8	
	Series 2018 Capital Projects	

9	
	Series 2022 Capital Projects	

10-11	
	Month to Month	
12		Assessment Receipt Schedule	

13	
	Long Term Debt Schedule	
14		Series 2016 Construction Schedule	
15		Series 2018 Construction Schedule	
16		Series 2022 Construction Schedule	
Rolling Oaks
Community Development District Combined Balance Sheet February 28, 2023

Assets:
Operating Account - Suntrust Due from General Fund
Due From Capital Investments Series 2016
Reserve Revenue Interest Sinking Fund Construction
Series 2018 Reserve Revenue Interest Sinking Fund Construction
Series 2022
Reserve
Capitalized Interest Costs of Issuance

$	540,051	$
$	-	$
$	1,630	$

$	-	$
$	-	$
$	-	$
$	-	$
$	-	$

$	-	$
$	-	$
$	-	$
$	-	$
$	-	$

$	-	$
$	-	$
$	-	$

- 266,599
-

1,140,503	$
1,039,465	$
374	$
232	$
-	$

912,469	$
342,253	$
298	$
187	$
$

580,595	$
459,741	$
$

$
$
$
$
6,213	$

$
$
$
$
2,371	$

$
$
4	$

1,140,503
1,039,465
374
232
6,213

912,469
342,253
298
187
2,371

580,595
459,741
4

Total Assets	$	541,681	$	4,742,715	$	8,588	$	5,292,983				
Liabilities:
Accounts Payable	$	6,812	$	-	$	-	
$	6,812				
Due to Debt Service	$	266,599	$	-	$	-	$	266,599				
Fica Payable	$	122	$	-	$	-	$	122				
Total Liabilities	$	273,533	$	-	$	-	$	273,533				

Fund Balances:
Unassigned	$	268,148	$	-	$	-	

$	268,148				
Assigned for Debt Service 2016	$	-	$	2,180,573	$	-	$	2,180,573			
Assigned for Debt Service 2018	$	-	$	1,521,806	$	-	$	1,521,806			
Assigned for Debt Service 2022	$	-	$	1,040,336	$	-	$	1,040,336			
Assigned for Capital Projects 2016	$	-	$	-	$	6,213	$	6,213			
Assigned for Capital Projects 2018	$	-	$	-	$	2,371	$	2,371			
Assigned for Capital Projects 2022	$	-	$	-	$	4	$	4			
Total Fund Balances	$	268,148	$	4,742,715	$	8,588	$	5,019,450	
					
Total Liabilities & Fund Balance	$	541,681	$	4,742,715	$	8,588	$	5,292,983	
Rolling Oaks
Community Development District General Fund
Statement of Revenues, Expenditures, and Changes in Fund Balance
For The Period Ending February 28, 2023

	Adopted	Prorated Budget	Actual		
	Budget	Thru 02/28/23	Thru 02/28/23	Variance	

Revenues					
Assessments - On Roll	$	331,553	$	265,161	$	265,161	$	-	
Assessments - Direct	$	208,033	$	104,017	$	104,017	$	-	
Developer Contributions	$	45,457	$	45,457	$	59,750	$	14,292	
Total Revenues	$	585,044	$	414,635	$	428,928	$	14,292	

Expenditures:					
General & Administrative:					
Supervisor Fees	$	12,000	$	5,000	$	3,000	$	2,000	
FICA Expense	$	918	$	383	$	230	$	153	
Engineering	$	10,000	$	4,167	$	-	$	4,167	
Attorney	$	15,000	$	6,250	$	1,512	$	4,738	
Arbitrage	$	1,350	$	900	$	900	$	-	
Dissemination	$	8,000	$	3,333	$	3,167	$	167	
Assessment Administration	$	10,000	$	10,000	$	10,000	$	-	
Annual Audit	$	3,675	$	-	$	-	$	-	
Trustee Fees	$	11,041	$	7,000	$	7,000	$	-	
Management Fees	$	37,853	$	15,772	$	15,772	$	(0)	
Information Technology	$	1,000	$	417	$	417	$	0	
Website Maintenance	$	594	$	247	$	248	$	(0)	
Telephone	$	100	$	42	$	-	$	42	
Postage	$	800	$	333	$	154	$	180	
Insurance	$	7,686	$	7,686	$	6,885	$	801	
Printing & Binding	$	800	$	333	$	91	$	242	
Legal Advertising	$	2,000	$	833	$	196	$	637	
Other Current Charges	$	2,000	$	833	$	195	$	639	
Office Supplies	$	130	$	54	$	2	$	52	
Property Appraiser Fee	$	300	$	-	$	-	$	-	
Property Taxes	$	80	$	80	$	10	$	70	
Meeting Room	$	1,674	$	698	$	284	$	414	
Dues, Licenses & Subscriptions	$	175	$	175	$	175	$	-	
Total General & Administrative:	$	127,176	$	64,536	$	50,236	$	14,301	
Rolling Oaks
Community Development District General Fund
Statement of Revenues, Expenditures, and Changes in Fund Balance
For The Period Ending February 28, 2023

	Adopted	Prorated Budget	Actual		
	Budget	Thru 02/28/23	Thru 02/28/23	Variance	

Operations and Maintenance Expenses					
Field Operations					
Property Insurance	$	8,718	$	8,718	$	7,889	$	829	
Electric	$	9,689	$	4,037	$	4,461	$	(424)	
Streetlights	$	112,151	$	46,729	$	43,657	$	3,072	
Utility-Water and Sewer	$	85,000	$	35,417	$	45,591	$	(10,175)	
Landscape Maintenance	$	113,400	$	47,250	$	49,325	$	(2,075)	
Landscape Enhancements	$	50,000	$	22,500	$	-	$	22,500	
Landscape Irrigation	$	6,500	$	2,708	$	1,445	$	1,264	
Lawn Mowing/Trimming	$	27,720	$	11,550	$	4,400	$	7,150	
Lake Maintenance	$	37,321	$	15,550	$	19,394	$	(3,844)	
Contingency	$	7,370	$	3,071	$	-	$	3,071	
Total Operations and Maintenance:	$	457,868	$	197,530	$	176,162	$	21,368	
					
Total Expenditures	$	585,044	$	262,067	$	226,398	$	35,669	
					
Excess Revenues (Expenditures)	$	(0)		$	202,530		
					
Fund Balance - Beginning	$	-		$	65,618		
					
Fund Balance - Ending	$	(0)		$	268,148		
Rolling Oaks
Community Development District Debt Service Fund - Series 2016
Statement of Revenues, Expenditures, and Changes in Fund Balance
For The Period Ending February 28, 2023

Adopted	Prorated Budget	Actual		
Budget	Thru 02/28/23	Thru 02/28/23	Variance	

Revenues					
Assessments - Tax Roll	$	1,125,001	$	899,726	$	899,726	$	-	
Interest	$	500	$	500	$	22,214	$	21,714	
Total Revenues	$	1,125,501	$	900,226	$	921,940	$	21,714	

Expenditures:					
Interest - 11/01	$	429,116	$	429,116	$	429,116	$	(0)	
Principal - 11/01	$	265,000	$	265,000	$	265,000	$	-	
Interest - 05/01	$	423,153	$	-	$	-	$	-	
Total Expenditures	$	1,117,269	$	694,116	$	694,116	$	(0)	

Other Financing Sources/(Uses)					
Transfer In/Out	$	-	$	-	$	(4,740)	$	(4,740)	
Total Other Financing Sources (Uses)	$	-	$	-	$	(4,740)	$	(4,740)	
					
Excess Revenues (Expenditures)	$	8,233		$	223,084		
					
Fund Balance - Beginning	$	810,612		$	1,957,490		
					
Fund Balance - Ending	$	818,844		$	2,180,573		
Rolling Oaks
Community Development District Debt Service Fund - Series 2018
Statement of Revenues, Expenditures, and Changes in Fund Balance
For The Period Ending February 28, 2023

Adopted	Prorated Budget	Actual		
Budget	Thru 02/28/23	Thru 02/28/23	Variance	

Revenues					
Assessments - On Roll	$	366,750	$	293,311	$	293,311	$	-	
Assessments - Direct	$	533,197	$	266,599	$	266,599	$	-	
Interest	$	500	$	500	$	16,242	$	15,742	
Total Revenues	$	900,447	$	560,409	$	576,151	$	15,742	

Expenditures:					
Interest - 11/01	$	342,063	$	342,063	$	342,063	$	-	
Principal - 11/01	$	215,000	$	215,000	$	215,000	$	-	
Interest - 05/01	$	337,359	$	-	$	-	$	-	
Total Expenditures	$	894,422	$	557,063	$	557,063	$	-	

Other Financing Sources/(Uses)					
Transfer in/Out	$	-	$	-	$	(3,793)	$	(3,793)	
Total Other Financing Sources (Uses)	$	-	$	-	$	(3,793)	$	(3,793)	
					
Excess Revenues (Expenditures)	$	6,025		$	15,296		
					
Fund Balance - Beginning	$	601,733		$	1,506,510		
					
Fund Balance - Ending	$	607,758		$	1,521,806		
Rolling Oaks
Community Development District Debt Service Fund - Series 2022
Statement of Revenues, Expenditures, and Changes in Fund Balance
For The Period Ending February 28, 2023

Adopted	Prorated Budget	Actual		
Budget	Thru 02/28/23	Thru 02/28/23	Variance	

Revenues					
Interest	$	-	$	-	$	7,942	$	7,942	
Total Revenues	$	-	$	-	$	7,942	$	7,942	

Expenditures:					
Interest - 11/01	$	-	$	-	$	-	$	-	
Principal - 11/01	$	-	$	-	$	-	$	-	
Interest - 05/01	$	-	$	-	$	-	$	-	
Total Expenditures	$	-	$	-	$	-	$	-	

Other Financing Sources/(Uses)					
Bond Proceed	$	-	$	-	$	1,032,394	$	1,032,394	
Total Other Financing Sources (Uses)	$	-	$	-	$	1,032,394	$	1,032,394	
					
Excess Revenues (Expenditures)	$	-	$	1,040,336		
					
Fund Balance - Beginning	$	-	$	-		
					
Fund Balance - Ending	$	-	$	1,040,336		
Rolling Oaks
Community Development District Capital Projects Fund - Series 2016
Statement of Revenues, Expenditures, and Changes in Fund Balance
For The Period Ending February 28, 2023

Adopted	Prorated Budget	Actual		
Budget	Thru 02/28/23	Thru 02/28/23	Variance	

Revenues

Interest	

$	

-	$	

-	$	70	

$	70	
Total Revenues	$	-	$	-	$	70	$	70	

Expenditures:

Capital Outlay	

$	

-	$	

-	$	-	

$	-	
Total Expenditures	$	-	$	-	$	-	$	-	

Other Financing Sources/(Uses)					
Transfer In/Out	$	-	$	-	$	4,740	$	4,740	
Total Other Financing Sources (Uses)	$	-	$	-	$	4,740	$	4,740	
					
Excess Revenues (Expenditures)	$	-	$	4,810		
					
Fund Balance - Beginning	$	-	$	1,403		
					
Fund Balance - Ending	$	-	$	6,213		
Rolling Oaks
Community Development District Capital Projects Fund - Series 2018
Statement of Revenues, Expenditures, and Changes in Fund Balance
For The Period Ending February 28, 2023

Adopted	Prorated Budget	Actual		
Budget	Thru 02/28/23	Thru 02/28/23	Variance	

Revenues

Interest	

$	

-	$	

-	$	42	

$	42	
Total Revenues	$	-	$	-	$	42	$	42	

Expenditures:

Capital Outlay	

$	

-	$	

-	$	1,630	

$	(1,630)	
Total Expenditures	$	-	$	-	$	1,630	$	(1,630)	

Other Financing Sources/(Uses)					
Transfer In/Out	$	-	$	-	$	3,793	$	3,793	
Total Other Financing Sources (Uses)	$	-	$	-	$	3,793	$	3,793	
					
Excess Revenues (Expenditures)	$	-	$	2,205		
					
Fund Balance - Beginning	$	-	$	166		
					
Fund Balance - Ending	$	-	$	2,371		
Rolling Oaks
Community Development District Capital Projects Fund - Series 2022
Statement of Revenues, Expenditures, and Changes in Fund Balance
For The Period Ending February 28, 2023

Adopted	Prorated Budget	Actual		
Budget	Thru 02/28/23	Thru 02/28/23	Variance	

Revenues					
Interest	$	-	$	-	$	19,772	$	19,772	
Total Revenues	$	-	$	-	$	19,772	$	19,772	

Expenditures:					
Capital Outlay - Construction	$	-	$	-	$	6,240,533	$	(6,240,533)	
Capital Outlay - COI	$	-	$	-	$	335,450	$	(335,450)	
Total Expenditures	$	-	$	-	$	6,575,983	$	(6,575,983)	

Other Financing Sources/(Uses)					
Bond Proceed	$	-	$	-	$	6,556,215	$	6,556,215	
Total Other Financing Sources (Uses)	$	-	$	-	$	6,556,215	$	6,556,215	
					
Excess Revenues (Expenditures)	$	-	$	4		
					
Fund Balance - Beginning	$	-	$	-		
					
Fund Balance - Ending	$	-	$	4		
Rolling Oaks
Community Development District Month to Month

Oct	Nov	Dec	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Total	

Revenues													
Assessments - On Roll	$	-	$	48,276	$	177,278	$	18,097	$	21,510	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	265,161							
Assessments - Direct	$	-	$	-	$	-	$	44,007	$	60,010	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	104,017							
Developer Contributions	$	33,201	$	26,549	$	-	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	59,750							
Total Revenues	$	33,201	$	26,549	$	-	$	44,007	$	60,010	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	428,928							

Expenditures:													

General & Administrative:													

Supervisor Fees	
$	1,400	
$	800	
$	-	
$	-	
$	800	
$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	3,000							
FICA Expense	$	107	$	61	$	-	$	-	$	61	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	230							
Engineering	$	-	$	-	$	-	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-							
Attorney	$	1,185	$	-	$	327	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	1,512							
Arbitrage	$	-	$	-	$	900	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	900							
Dissemination	$	583	$	583	$	667	$	667	$	667	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	3,167							
Assessment Administration	$	10,000	$	-	$	-	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	10,000							
Annual Audit	$	-	$	-	$	-	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-							
Trustee Fees	$	7,000	$	-	$	-	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	7,000							
Management Fees	$	3,154	$	3,154	$	3,154	$	3,154	$	3,154	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	15,772							
Information Technology	$	83	$	83	$	83	$	83	$	83	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	417							
Website Maintenance	$	50	$	50	$	50	$	50	$	50	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	248							
Telephone	$	-	$	-	$	-	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-							
Postage	$	25	$	45	$	6	$	1	$	77	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	154							
Insurance	$	6,885	$	-	$	-	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	6,885							
Printing & Binding	$	51	$	-	$	40	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	91							
Legal Advertising	$	196	$	-	$	-	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	196							
Other Current Charges	$	39	$	39	$	39	$	38	$	39	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	195							
Office Supplies	$	0	$	1	$	0	$	0	$	1	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	2							
Property Appraiser Fee	$	-	$	-	$	-	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-							
Property Taxes	$	-	$	10	$	-	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	10							
Meeting Room	$	-	$	142	$	-	$	-	$	142	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	284							
Dues, Licenses & Subscriptions	$	175	$	-	$	-	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	175							
Total General & Administrative:	$	30,934	$	4,968	$	5,267	$	3,993	$	5,074	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	50,236							
Rolling Oaks
Community Development District Month to Month

Operations and Maintenance Expenses

Field Operations Property Insurance Utility - Electric Streetlights
Utility - Water & Sewer Landscape Maintenance Landscape Enhancements Landscape Irrigation Lawn Mowing/Trimming
Lake Maintenance Contingency

$	7,889  $
$	906  $
$	8,689  $
$	9,259  $
$	9,450  $
$	-  $
$	-  $
$	2,200  $
$	4,927  $
$	-  $

-  $
741  $
8,701  $
7,174  $
11,525  $
-  $
595  $
2,200  $
5,629  $
-  $

-  $
721  $
8,701  $
11,192  $
9,450  $
-  $
240  $
-  $
3,100  $
-  $

-  $
944  $
8,725  $
6,961  $
9,450  $
-  $
170  $
-  $
3,100  $
-  $

-  $	-  $	-  $
1,148  $	-  $	-  $
8,842  $	-  $	-  $
11,006  $	-  $	-  $
9,450  $	-  $	-  $
-  $	-  $	-  $
439  $	-  $	-  $
-  $	-  $	-  $
2,639  $	-  $	-  $
-  $	-  $	-  $

-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $

-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $

-  $	7,889
-  $	4,461
-  $	43,657
-  $	45,591
-  $	49,325
-  $	-
-  $	1,445
-  $	4,400
-  $	19,394
-  $	-

Rolling Oaks
COMMUNITY DEVELOPMENT DISTRICT
Special Assessment Receipts Fiscal Year 2023

	Gross Assessments	$  352,716.00	$ 1,196,810.00	$	390,160.06	$ 1,939,686.06	
	Net Assessments	$  331,553.04	$ 1,125,001.40	$	366,750.46	$ 1,823,304.90	
ON ROLL ASSESSMENTS		
18.18%	
61.70%	
20.11%	
100.00%	

Date	
Distribution	
Gross Amount	
Commissions	
Discount/Penalty	
Interest	
Net Receipts	
O&M Portion	2016 Debt Service	2018 Debt Service	
Total	

11/18/22	
ACH	
$7,276.00	
($145.50)	
($374.37)	
$0.00	
$6,756.13	
$1,228.55	
$4,168.61	
$1,358.97	
$6,756.13	
11/22/22	ACH	$275,008.28	($5,500.14)	($10,780.61)	$0.00	$258,727.53	$47,047.48	$159,638.05	$52,042.00	$258,727.53	
12/09/22	ACH	$950,826.50	($19,016.57)	($37,272.42)	$0.00	$894,537.51	$162,664.31	$551,940.57	$179,932.63	$894,537.51	
12/22/22	ACH	$84,842.98	($1,696.82)	($2,781.17)	$0.00	$80,364.99	$14,613.72	$49,586.18	$16,165.09	$80,364.99	
01/10/23	ACH	$4,326.78	($86.53)	($127.20)	$0.00	$4,113.05	$747.93	$2,537.80	$827.32	$4,113.05	
01/10/23	ACH	$99,471.08	($1,989.43)	($2,924.49)	$0.00	$94,557.16	$17,194.45	$58,342.92	$19,019.79	$94,557.16	
01/24/23	ACH	$0.00	$0.00	$0.00	$850.92	$850.92	$154.73	$525.03	$171.16	$850.92	
02/09/23	ACH	$812.09	($16.24)	$0.00	$0.00	$795.85	$144.72	$491.05	$160.08	$795.85	
02/09/23	ACH	$122,876.04	($2,457.50)	($2,924.43)	$0.00	$117,494.11	$21,365.34	$72,495.30	$23,633.47	$117,494.11	

DIRECT BILL ASSESSMENTS

Rolling Oaks Splendid, LLC Invoice# 2023-01				
Total	
$120,019.20	
$533,197.15	
Date
Received	Due
Date	Check
Number	Net
Assessed	Amount
Received	Operations &
Maintenance	Series 2018
Debt	
2/20/23	12/1/22	19931	$326,608.17	$326,608.17	$60,009.60	$266,598.57	
	2/1/23		$163,304.07				
	5/1/23		$163,304.09				
			$653,216.33	$326,608.17	$60,009.60	$266,598.57	

Rolling Oaks Apartments, LLC Invoice# 2023-02				
Total		
$88,014.08	
Date
Received	Due
Date	Check
Number	Net
Assessed	Amount
Received	Operation &
Maintenance		
1/5/23	12/1/22	382	$44,007.04	$44,007.04	$44,007.04		
2/24/23	2/1/23	819	$22,003.52	$22,003.52	$22,003.52		
	5/1/23		$22,003.52				
			$88,014.08	$66,010.56	$66,010.56		
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 DEFINITION	MAXIMUM ANNUAL DEBT SERVICE	
RESERVE FUND REQUIREMENT	$1,124,706	
RESERVE FUND BALANCE	$1,140,503	
BONDS OUTSTANDING - 12/15/16	$15,640,000	
LESS: PRINCIPAL PAYMENT 11/1/18	($220,000)	
LESS: PRINCIPAL PAYMENT 11/1/19	($230,000)	
LESS: PRINCIPAL PAYMENT 11/1/20	($240,000)	
LESS: PRINCIPAL PAYMENT 11/1/21	($255,000)	
LESS: PRINCIPAL PAYMENT 11/1/22	($265,000)	
CURRENT BONDS OUTSTANDING	$14,430,000	

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	$912,469	
BONDS OUTSTANDING - 11/8/18	$13,160,000	
LESS: PRINCIPAL PAYMENT 11/1/20	($195,000)	
LESS: PRINCIPAL PAYMENT 11/1/21	($205,000)	
LESS: PRINCIPAL PAYMENT 11/1/22	($215,000)	
CURRENT BONDS OUTSTANDING	$12,545,000	

SERIES 2022, SPECIAL ASSESSMENT BONDS		

INTEREST RATES:	
5.7%, 6.3%, 6.55%	
MATURITY DATE:	5/1/2053	
RESERVE FUND DEFINITION	MAXIMUM ANNUAL DEBT SERVICE	
RESERVE FUND REQUIREMENT	$576,163	
RESERVE FUND BALANCE	$580,595	
BONDS OUTSTANDING - 11/22/22	$7,635,000	
CURRENT BONDS OUTSTANDING	$7,635,000	
Rolling Oaks
Community Development District Special Assessment Bonds, Series 2016

Date	Requisition #	Contractor	Description	Requisitions	
Fiscal Year 2022					
		TOTAL		$	-	

Fiscal Year 2022					
10/1/21		Transfer		$	56.70	
10/1/21		Interest		$	0.01	
11/1/21		Interest		$	0.01	
12/1/21		Interest		$	0.02	
1/1/22		Interest		$	0.01	
2/1/22		Interest		$	0.01	
3/1/22		Interest		$	0.01	
4/1/22		Interest		$	0.07	
4/1/22		Transfer		$	67.03	
5/1/22		Interest		$	0.16	
6/1/22		Interest		$	0.61	
7/1/22		Interest		$	1.06	
8/1/22		Interest		$	1.61	
9/1/22		Interest		$	2.37	
		TOTAL		$	129.68	

Acquisition/Construction Fund at 09/30/2021	
$	
1,273.29			
Interest Earned and Transfer In thru 09/30/22	$	129.68			
Requisitions Paid thru 09/30/22	$	-			

Remaining Acquisition/Construction Fund	 $	1,402.97 

Date	Requisition #	Contractor	Description	Requisitions Fiscal Year 2023

TOTAL	$	-		

Fiscal Year 2023			
10/1/22	Transfer	$	4,740.48	
10/1/22	Interest	$	2.66	
11/1/22	Interest	$	7.47	
12/1/22	Interest	$	17.58	
1/1/23	Interest	$	20.21	
2/1/23	Interest	$	21.81	
	TOTAL	$	4,810.21	

Acquisition/Construction Fund at 09/30/2022	
$	
1,402.97	
Interest Earned and Transfer In thru 02/28/23	$	4,810.21	
Requisitions Paid thru 02/28/23	$	-	

Remaining Acquisition/Construction Fund	 $	6,213.18 
Rolling Oaks
Community Development District Special Assessment Bonds, Series 2018

Date	Requisition #	Contractor	Description	Requisitions Fiscal Year 2022

12/1/21	5	Rolling Oaks Splendid, LLC	Public facility roadway, drainage, and utility infrastructure	$  2,281,083.53	
		TOTAL		$ 2,281,083.53	

Fiscal Year 2022					
10/1/21		Transfer		$	45.36	
10/1/21		Interest		$	18.75	
11/1/21		Interest		$	19.38	
12/1/21		Interest		$	41.56	
1/1/22		Interest		$	5.00	
2/1/22		Interest		$	-	
3/1/22		Interest		$	-	
4/1/22		Interest		$	0.01	
4/1/22		Interest		$	53.62	
5/1/22		Interest		$	0.02	
6/1/22		Interest		$	0.07	
7/1/22		Interest		$	0.13	
8/1/22		Interest		$	0.19	
9/1/22				$	0.28	
		TOTAL		$	184.37	
			
Acquisition/Construction Fund at 09/30/21 Interest Earned 09/30/22
Requisitions Paid thru 09/30/22	
$ 2,281,064.78
$	184.37
$ (2,281,083.53)	
			Remaining Acquisition/Construction Fund	 $	165.62 	
Date	Requisition #	Contractor	Description	Requisitions	
Fiscal Year 2023					
2/28/23	1/6/00	Rolling Oaks CDD	Reimburse RO O&M Ithink Graphics Invoice # 78762 - Custom Wildlife Signs	6/16/04	
		TOTAL		$	1,629.98	

Fiscal Year 2023					
10/1/22		Transfer		$	3,792.52	
10/1/22		Interest		$	0.31	
11/1/22		Interest		$	3.67	
12/1/22		Interest		$	11.32	
1/1/23		Interest		$	13.01	
2/1/23		Interest		$	14.04	
		TOTAL		$	3,834.87	
			
Acquisition/Construction Fund at 09/30/22	
$	165.62	
			Interest Earned 02/28/23	$	3,834.87	
			Requisitions Paid thru 02/28/23	$	(1,629.98)	
			Remaining Acquisition/Construction Fund	 $	2,370.51 	
Rolling Oaks
Community Development District

Special Assessment Bonds, Series 2022

Date	Requisition #	Contractor	Description	Requisitions	
Fiscal Year 2023				
12/31/22	2	Rolling Oaks Splendid, LLC	Reimbursement	$ 5,776,399.78	
2/21/23	3	Rolling Oaks Splendid, LLC	Reimbursement	$	464,133.56	
		TOTAL	$	6,240,533.34	

Fiscal Year 2023				
12/1/22		Interest	$	5,457.83	
1/31/23		Interest	$	12,684.83	
2/28/23		Interest	$	1,625.30	
		TOTAL	$	19,767.96	
		
Acquisition/Construction Fund at 11/22/2022	
$	6,220,765.38	
		Interest Earned 02/28/23	$	19,767.96	
		Requisitions Paid thru 02/28/23	$  (6,240,533.34)	
		Remaining Acquisition/Construction Fund	 $	-