Rolling Oaks Community Development District

Agenda September 26, 2024

Agenda
Rolling Oaks
Community Development District

219 East Livingston Street, Orlando, Florida 32801 Phone: 407-841-5524 – Fax: 407-839-1526

September 19, 2024
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, September 26, 2024, at 1:00 PM at Margaritaville Resort Orlando, 8000 Fins Up Circle, Kissimmee, Florida 34747. Following is the advance agenda for the meeting:
Zoom Webinar Information:
Link: https://us06web.zoom.us/j/85744403825 Webinar ID: 857 4440 3825
Call-in Number: 1-305-224-1968

Roll Call
Public Comment Period
Approval of Minutes of the August 22, 2024 Board of Supervisors Meeting
Consideration of Field Operations Management Proposal from Governmental Management Services
Consideration of Landscape Maintenance Services Agreement Renewal with Yellowstone Landscape
Consideration of Towing Enforcement Agreement with New Generation Towing and Recovery – ADDED
Ratification of Revised Fiscal Year 2025 Meeting Schedule
Staff Reports
Attorney
Engineer
District Manager’s Report
Approval of Check Register
Balance Sheet and Income Statement
Supervisor’s Requests
Next Meeting Date – October 24, 2024 at West Osceola Branch Library
Adjournment

Sincerely,
Tricia Adams
Tricia Adams District Manager

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, August 22, 2024 at 1:01p.m. at the Margaritaville Resort Orlando, 8000 Fins Up Circle, Kissimmee, Florida.

Present and constituting a quorum were:

John Chiste	Chairman
Jared Bouskila	Vice Chairman
Cora DiFiore	Assistant Secretary via Zoom
Steven Dougherty	Assistant Secretary Also present were:
Tricia Adams	Manager
Vivek Babbar	Attorney via Zoom
Dave Schmitt	Engineer via Zoom
Robert Walker	Engineer via Zoom

FIRST ORDER OF BUSINESS	Roll Call
Ms. Adams called the meeting to order at 1:01 p.m. and called the roll.

SECOND ORDER OF BUSINESS	Public Comment Period
There being no comments, the next item followed.

THIRD ORDER OF BUSINESS	Approval of the Minutes of the May 23, 2024
Meeting

August 22, 2024	Rolling Oaks CDD

FOURTH ORDER OF BUSINESS	Public Hearing

There being no public present to comment, the board took the following action.

Consideration of Resolution 2024-05 Adopting the Fiscal Year 2025 Budget and Relating to the Annual Appropriations
Ms. Adams stated Resolution 2024-05 memorializes that the budget has been provided to the local government, posted on the website and has been noticed in accordance with Florida Statutes. Attached as an exhibit to this resolution is a copy of the proposed budget. The only substantive changes to the proposed budget have been the actuals were updated through June 30, 2024 and as a result of direction of the board there was a desire to keep the assessment level the same as the previous year at $638.40 for a single family, $510 for condo and $319 for apartments. As a result of keeping the assessment level we are recognizing a developer contribution for deficit funding if needed to balance the budget.
Mr. Bouskila asked what is the $200,000 increase in budget year over year, for mulch and landscape maintenance primarily?
Ms. Adams stated yes, we did go through the field operations, the area where we are realizing the most increase. Increasing the landscape agreement to increase the level of service and added a line item for mulch, which is more than you will see in future years because the mulch has not been replenished for several years other than what has been donated by the resort. This is to get the property up to a first-class standard.

August 22, 2024	Rolling Oaks CDD

Consideration of Resolution 2024-06 Imposing Special Assessments and Certifying an Assessment Roll
Ms. Adams stated we propose to fund the budget with the special assessments on the tax roll as well as the developer deficit funding agreement. Resolution 2024-06 approves the special assessments on the tax roll as well as authorizing collection of the debt service that was imposed at the time the bonds were issued. Attached as an exhibit will be a copy of the adopted budget and the tax roll.

FIFTH ORDER OF BUSINESS	Consideration of Fiscal Year 2025 Developer
Deficit Funding Agreement
Ms. Adams stated district counsel has prepared the form of agreement.
Mr. Babbar stated it is the same form that has been drafted in previous years.

SIXTH ORDER OF BUSINESS	Consideration  of  Amended  and  Restated
Declaration of Covenants, Easements and Restrictions for Sunset Walk Hotel Parcel
Mr. Babbar stated it is something the district had signed on the original declaration consent; some additions were acquired. The only responsibilities are provisions that pertain to the district are with respect to the parking lot and other assets that the district owns and operates. There is nothing in there that I found concerning. I did talk with the developer that there is some language with respect to the option for valet parking, but we don’t expect that to be exercised. I don’t have any concerns with it and recommend approval.

August 22, 2024	Rolling Oaks CDD

SEVENTH ORDER OF BU SINESS	Consideration of Duke Energy Florida, LLC
Easement
Mr. Babbar stated I recommend the board approve this one insubstantial form. I did provide two notes, one was just a minor item with respect to the full name of the CDD, the Rolling Oaks Community Development District. The other was a concern about giving Duke Energy such broad powers, specifically in section 8, it allows them to increase the voltage and change the type of facilities. If they ever decide to run a really big powerline, I’m sure that will get residents and commercial tenants in an uproar and I prefer that they size it exactly to the specifications they want to install. This also gives the CDD and commercial property owners an opportunity to negotiate and receive compensation if they want to expand it in the future. That is up to the discretion of the board as well as other entities that will be signing this easement,

EIGHTH ORDER OF BU SINESS	Consideration of Conveyance of Utility Assets
Ms. Adams stated this is conveyance of utility assets. I believe this is just a pass through.
Mr. Babbar stated I have reviewed them and they are in the same form that we used for the other phases and recommend approval.

NINTH ORDER OF BUSINESS	Consideration of Solitude Lake Management
Contract Renewals
Ms. Adams stated this is the Solitude Lake Management contract renewals. The amount in the proposal is consistent with the amount in the budget for fiscal year 2025.

August 22, 2024	Rolling Oaks CDD

Ms. Adams stated now that the proposal has been approved that authorizes district counsel to prepare the form of agreement with all the necessary indemnifications and protections for the district.

TENTH ORDER OF BUSINESS	Review and Acceptance of Fiscal Year 2023
Audit Report
Ms. Adams stated next is review and acceptance of the fiscal year 2023 audit report. This is a clean audit with no findings, no previous year findings. The district’s records are being kept in compliance with the auditor general for the State of Florida.

ELEVENTH ORDER OF BUSINESS	Staff Reports
Attorney
Mr. Babbar stated we are working with the county on the boundary amendment and have a call with them later today and hopefully get that pushed along.

Engineer
Review and Acceptance of Annual Engineer’s Report
Mr. Schmitt stated we assisted with the Rolling Oaks Plaza drainage questions that came up a few days ago and that got resolved.
Ms. Adams stated the annual engineer’s report is required by the trust indenture, there is a review of the district’s assets as well as the budget to make sure there is adequate funding to maintain the district’s infrastructure and a review of the district’s insurance.

Mr. Schmitt and Mr. Walker left the Zoom call at this time.
August 22, 2024	Rolling Oaks CDD

Manager
Adoption of District Goals and Objectives

Approval of Check Register

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

Approval of Fiscal Year 2025 Meeting Schedule

TWELFTH ORDER OF BUSINESS	Supervisor’s Requests
Mr. Bouskila asked do you have information on the ethics classes?
Ms. Adams stated we have links to free classes. The Florida Commission on Ethics has videos that you can do on your own time and self-report on that. That is not required to be reported until July 2025 but is required to be completed by December 31, 2024. I will send a link to the board members.

THIRTEENTH ORDER OF BUSINESS	Next Meeting Date – September 26, 2024
Ms. Adams noted that the next Board meeting was scheduled for September 26, 2024.

FOURTEENTH ORDER OF BUSINESS	Adjournment

August 22, 2024	Rolling Oaks CDD

Secretary/Assistant Secretary	Chairman/Vice Chairman

Section IV

Governmental Management Services – CF, LLC. (“GMS”) was contracted by Rolling Oaks Community Development District (“DISTRICT”) for District Management Services effective January 30th, 2015

Pursuant to board request, attached is a Proposal (“Exhibit A”) to modify the scope of services in this Agreement to include providing GMS Field Operations Management.

We currently service 90+ CDD clients in the State of Florida with similar services and are well positioned to support this District. In this Proposal, I am providing a service option for your consideration.
We look forward to continuing to serve this Board and the Rolling Oaks CDD Community. Thank you,
/s/ Clayton Smith
Clayton Smith
Director of GMS Field Operations & Maintenance Services Mobile: (407) 201-1514
Email: Clayton Smith
Accepted and approved as of the 	day of 	2024 Rolling Oaks Community Development District
By:		
Name, Title

Signature

CC: Tricia Adams, Rolling Oaks CDD District Manager George Flint, VP GMS-CF
Darrin Mossing, GMS President
Keith Nelson, GMS Chief Operating Officer

ORLANDO	JACKSONVILLE	ST. AUGUSTINE	FT. LAUDERDALE	TAMPA	PALM COAST	KNOXVILLE	
219 E. Livingston St.	9655 Florida Mining Blvd. W	475 West Town Place	5385 N. Nob Hill Road	4530 Eagle Falls Pl	393 Palm Coast Parkway SW	1001 Bradford Way	
Orlando, FL 32801	Suite 305	Suite 114	Sunrise, FL 33351	Tampa, FL 33619	Suite 4	Kingston, TN 37763	
(407) 841-5524	Jacksonville, FL 32257	St. Augustine, FL 32092	(954) 721-8681	(813) 344-4844	Palm Coast, FL 33137	(865) 717-7700	
	(904) 940-5850	(904) 288-7667			(904) 940-5850		
WWW.GOVMGTSVC.COM

Exhibit A
GOVERNMENTAL MANAGEMENT SERVICES-CF, LLC

Field Operations Management Services Proposal
The following standard services are proposed under the Field Operations Management and Maintenance Services agreement between Governmental Management Services-CF, LLC (“MANAGER") and Rolling Oaks Community Development District ("DISTRICT"). Field Operations Manager will provide such necessary services as stated below.

Field Operations Management Services

Create and maintain a fluid monthly report or action item list. This report will be presented at all regularly scheduled Board of Supervisors Meetings;
Engage and supervise all persons, as needed, necessary to properly maintain and operate the Property; this includes and is not limited to hired service vendors, maintenance staff, contracted vendors, and their subcontractors;
Purchase tools, equipment, supplies, and materials, ensuring, without qualification or exception, that the District is receiving the benefit and economies of competitive market prices;
Solicit bids for services and materials and supplies to the District;
Solicit, analyze, and negotiate informal contracts on behalf of the District, for services reasonably necessary with respect to the operation, maintenance, upkeep, repair, replacement, and preservation of the Property; all of which Service Contracts shall be subject to the prior approval of and be executed by an officer of the District designated by the Board;
Contract Management: Oversee and manage District field contracts for Landscape Maintenance, Aquatic Maintenance, and other service vendors by meeting with, and coordinating with vendors as needed to ensure contractual standards are being satisfied. Deficiency reports will be created when it is prudent to do so to enhance performance;
Facility Management: Perform routine inspections as needed and present areas of potential concern to the District as identified; site visits will be on average twice a month. This is to identify possible maintenance items and ensure contracted contractor supplemental work has been performed satisfactorily. Additionally, to proactively monitor the status of district assets;
Correspond and communicate with Board of Supervisors and District Staff to respond to the various needs of the District and Community;
Provide regular reports to the Board of the status of pending and completed activities and operations affecting the District and the Property.
Field Maintenance Services

At the direction of the Board of Supervisors, District Manager, and/or Field Operations Manager, facilitate maintenance requests for the Community;
Include supporting details on the invoices for each maintenance repair assignment as well as for the Monthly Field Operations Report;
Perform regular general maintenance services as requested at normal rates. This can be done through a monthly allowance for more rapid and voluminous work or proposals can be provided for individual projects.
Compensation

The above outlined Field Operations Management Services and Field Maintenance Services will be provided for the fixed monthly fee outlined in the following chart plus reimbursable expenses for but not limited to postage, courier services, printing, copying, and repair materials/supplies. The following represents additional services provided by the MANAGER with their corresponding fees associated with those services.

Services
(Charged In Equal Monthly Amounts Excludes Reimbursable Expenses)	GMS
Annual Fees	

Field Operations Management Services:
The Field Operations Manager oversees District field operations as defined in the scope of services. This includes weekly onsite visits and office time. Office time includes but is not limited to phone calls, emails, invoice approvals and other administrative items related to field matters.
The hours and days of service will be scheduled by the field manager and vary to meet the needs of the District and schedule of the field operations manager.
Dedicated on average (6) hours per week attending to District field matters.
The Field Manager will attend District monthly meetings for field items.	
$ 23,400	
Field Maintenance Services:
GMS has the ability to offer maintenance services to the district with our GMS Field Maintenance team. The maintenance team specializes in CDD maintenance activities and has a wide range of skills and knowledge pertaining to those services. Our maintenance team performs services for nearly all field clients. This service is provided as needed or when requested based on the board’s and community’s needs. The maintenance team works at a very competitive rate. The Field Manager would oversee any maintenance work being performed by the maintenance team. This work is billed at our most current Labor, mobilization, equipment, and materials rates.
Formal Bids:
GMS field staff have the knowledge and experience in creating formal bid packets and proceeding through the entire formal bid process when it comes to field contracts.
Formal bids are an in-depth and time-consuming process billed at a separate rate.
Additional Services:
All other requested items not specifically denoted in Exhibit “A” will be subject to either a flat rate proposal or an hourly rate proposal to the District.		

The GMS Proposal To The
Rolling Oaks Community Development District For
Field Operations Management	GMS Annual Fees

$23,400	

References
GMS prides itself on the timely delivery of quality services to its clients. As a result, our clients as well as the other CDD industry professionals have come to recognize and appreciate the quality of the services we provide. GMS encourages its prospective clients to call our references and learn what other district supervisors, developers, attorneys, engineers, and financial professionals are saying about us. The following table contains just a few of the clients and professionals that are pleased to serve as our references:

Randall Greene
Chair, Bonnet Creek Resort CDD Chelonia Parkway
Orlando, Florida 32821
rgreene@rgdevelopments.com

Stephanie Cornelius
Chair, Randal Park CDD 8730 Randal Park Blvd, Orlando, FL 32832
Stephany.cornelius@gmail.com

Eric Baker
Vice Chair, Riverwalk CDD 6456 Mossy Wood Ave, Orlando, FL 32829 Eric.Baker@Pulte.com

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September 24, 2024

Tricia L. Adams District Manager GMS Cell: 863-241-8050
tadams@gmscfl.com
407.396.0529 tel
407.396.2023 fax
1773 Business Center Lane Kissimmee, FL 34758

www.yellowstonelandscape.com

Re: Yellowstone Landscape Extension – Rolling Oaks CDD - 10/1/24-9/30/25

Dear Board of Directors and Management Staff,

On behalf of your local Yellowstone Landscape Professionals, I would like to begin by saying “Thank you” for the privilege of serving as your property’s landscape maintenance service partner. With the board’s approval, we would like to continue our partnership and extend our services for this upcoming fiscal year. This would extend the contract through end of fiscal year 2025 (10-1-24 through 9-30-25).

Pricing was previously provided to management staff for fiscal year 2025 and you will find that attached.

Your Account Manager Jose and I are available to answer any specific questions you may have in regards to extension and fee schedule. Again, on behalf of Yellowstone Landscape, thank you for the opportunity to serve your landscape service needs. We look forward to continuing our partnership with you for many years to come!
Sincerely, Pete Wittman
Branch Manager pwittman@yellowstonelandscape.com 407-319-8298
Yellowstone 2025 Pricing
GENERAL SERVICES
Schedule "A"	$	145,164.00	
		
TURF CARE
Schedule "B"	$	6,000.00	
		
TREE/SHRUB CARE
Schedule "C"	$	12,200.00	
		
BEDDING PLANTS
Schedule "D"	$	-	

BED DRESSING
Schedule "D"	
$	58,896.00	
To be proposed separately when requested		
		
PALM TRIMMING
Schedule "D"	
$	88,836.00	
	705 Other, 88 D, 207 W	
		
IRRIGATION MAINTENANCE
Schedule "E"	
$	11,700.00	

		
Annual TOTAL (excludes bed dressing)	$	263,900.00	
Monthly TOTAL (excludes bed dressing)
$	21,991.67

Additional Budgeting Considerations Outside of Agreement
plus bed dressing	$	58,896.00	
plus landscape replacement	50000	
plus irrigation repairs	10000	

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Towing Authorization Agreement
This Towing Authorization Agreement (this “Agreement”) is entered as of May 23, 2024 between the Rolling Oaks Community Development District, a local unit of special-purpose government organized and established under Chapter 190, Florida Statutes (the “District”) and New Generation Towing and Recovery, LLC a Florida limited liability company (“Towing Operator”).

Background Information:

The District is the owner of the Rolling Oaks Community Development District (the “District Property”). The District desires to authorize the Towing Operator to tow any vehicles or vessels that are parked on District Property in violation of the District’s Parking and Towing Policy.

The Towing Operator represents that it is regularly engaged in the business of towing vehicles or vessels, is authorized under Florida law and Osceola County regulations, to tow vehicles or vessels, and that the Towing Operator abides by all applicable laws and regulations.
Operative Provisions:

Incorporation of Background Information. The background information stated above is true and correct and by this reference is incorporated as a material part of this Agreement.

District Authorized Representatives.
The District shall designate in writing certain persons, employees, vendors, and other authorized agents who are authorized to inform the Towing Operator of any vehicles or vessels that need to be towed (the “Authorized Representatives”). The list of Authorized Representatives may be updated from time to time.
Prior to directing the Towing Operator to remove any vehicles or vessels, the Authorized Representatives shall verify that:
the vehicle or vessel is parked on District Property,
is in violation of the District’s Parking and Towing Policy iii.
Authorization to Tow. In accordance with section 715.07(2), Florida Statutes, the District hereby authorizes the Authorized Representatives, only after complying with the District’s Parking and Towing Policy and applicable laws and regulations, to provide authorization to the Towing Operator to remove any vehicles or vessels that are parked on District Property in violation of the District’s Parking and Towing Policy. The Towing Operator is not authorized to patrol the community for violations of the District’s Parking and Towing Policy. The Towing Operator shall photograph or video the vehicle or vessel to sufficiently detail the violation for which the vehicle or vessel is being towed. The photographs or video shall be maintained by the Towing Operator for a minimum of 6 months, and be produced upon request by the District or any law enforcement agency
Compliance with Laws and Regulations. The Towing Operator shall comply with necessary economic, operational, safety, insurance, and other compliance requirements imposed by federal, state, county, municipal or regulatory bodies, relating to the contemplated operations and services hereunder (including specifically Sections 715.07 and 713.78, Florida Statutes as they may be amended from time to time). Towing Operator will be responsible for any fines or penalties assessed against District as a result of any the Towing Operator’s operations authorized under this Agreement.
Signage. The Towing Operator shall either provide the signage required by applicable laws and regulations or inspect and certify to the District that any existing signage complies with the applicable laws and regulations.

No Monetary Compensation between the Parties. Both parties acknowledge and agree that the District has authorized the towing services by the Towing Operator without monetary obligation. No fee will be paid to the Towing Operator by the District for services as outlined in this Agreement, including, but not limited to, the costs associated with the placement of signage or with providing personal notice as required by section 715.07, Florida Statutes. The Towing Operator shall ensure that all fees to be charged for towing and storage shall not exceed the amounts established by Osceola County.

Manner of Performance and Care of District Property. Any towing shall be done, furnished, and performed in a workmanlike manner with the best management practices in the industry. Towing Operator shall use all due care to protect the property of the District, its residents and landowners from damage.
Insurance. The Towing Operator shall carry commercial general liability insurance of no less than
$1,000,000 and commercial automobile liability insurance of no less than $1,000,000. The Towing Operator shall deliver to the District proof of insurance referred to herein or a certificate evidencing the coverage provided pursuant to this Agreement and naming the District as “Additional Insured” under such policy. Such insurance policy may not be canceled without a thirty-day written notice to the District. The Towing Operator will maintain Workers Compensation insurance as required by law.
Indemnification. The Towing Operator, for and on behalf of itself, its agents, employees and assigns, and any person or entity claiming by, through or under them, shall indemnify and agree to defend and hold the District, its supervisors, agents and employees, harmless from any and all claims (including attorneys fees and costs) for loss, damage, injury or death of any nature whatsoever to persons or property, including, but not limited to, personal injury or death resulting in any way from or in any fashion arising from or connected with the Towing Operator’s actions.

Relationship Between the Parties. It is understood that the Towing Operator is an independent contractor and will perform the services contemplated under this Agreement. As an independent contractor, nothing in this Agreement will be deemed to create a partnership, joint venture, or employer-employee relationship between the Towing Operator and the District. The Towing Operator will not have the right to make any contract or commitments for, or on behalf of, the District without the prior written approval of the District.
No Waiver of Sovereign Immunity. Nothing in this Agreement shall be deemed as a waiver of immunity or limits of liability of the District beyond any statutory limited waiver of immunity or limits of liability which may have been adopted by the Florida Legislature in Section 768.28, Florida Statutes, or other statute, and nothing in this Agreement shall inure to the benefit of any third party for the purpose of allowing any claim which would otherwise be barred under the Doctrine of Sovereign Immunity or by operation of law.

Scrutinized Companies. Pursuant to Section 287.135, Florida Statutes, Towing Operator represents that in entering into this Agreement, the Towing Operator has not been designated as a “scrutinized company” under the statute and, in the event that the Towing Operator is designated as a “scrutinized company”, the Towing Operator shall immediately notify the District whereupon this Agreement may be terminated by the District.
E-Verification. Pursuant to Section 448.095(2), Florida Statutes,
Towing Operator represents that Towing Operator is eligible to contract with the District and is currently in compliance and will remain in compliance, for as long as it has any obligations under this Agreement, with all requirements of the above statute; this includes, but is not limited to, registering with and using the United States Department of Homeland Security’s E-Verify system to verify the work authorization status of all employees hired on or after January 1, 2021.
If the District has a good faith belief that the Towing Operator has knowingly violated Section 448.09(1), Florida Statutes, the District will terminate this Agreement as required by Section 448.095(2)(c), Florida Statutes.
If the District has a good faith belief that a subcontractor knowingly violated Section 448.09(1), Florida Statutes, but the Towing Operator otherwise complied with its obligations thereunder, the District shall promptly notify the Towing Operator and the Towing Operator will immediately terminate its contract with the subcontractor.

Public Records. As required under Section 119.0701, Florida Statutes, Towing Operator shall (a) keep and maintain public records that ordinarily and necessarily would be required by the District in order to perform the service, (b) provide the public with access to public records on the same terms and conditions that the District would provide the records and at a cost that does not exceed the cost provided by law, (c)  ensure that public records that are exempt or confidential and exempt from public records disclosure requirements are not disclosed except as authorized by law, (d) meet all requirements for retaining public records and transfer, at no cost, to the District all public records in possession of the Towing Operator upon termination of this Agreement and destroy any duplicate public records that are exempt or confidential and exempt from public records disclosure requirements. All records stored electronically must be provided to the District in a format that is compatible with the information technology systems of the District.

IF THE TOWING OPERATOR HAS QUESTIONS REGARDING THE APPLICATION OF CHAPTER 119, FLORIDA STATUTES, TO THE TOWING OPERATOR’S DUTY TO PROVIDE PUBLIC RECORDS RELATING TO THIS AGREEMENT, CONTACT THE CUSTODIAN OF PUBLIC RECORDS AT (407) 841-5524, OR BY EMAIL AT ECORDREQUEST@GMSCFL.COM, OR BY REGULAR MAIL AT 219 EAST LIVINGSTON STREET, ORLANDO, FLORIDA 32801.
Term. The initial term of this Agreement shall be for 1 year from the date of this Agreement. At the end of the initial term, this Agreement shall automatically renew for subsequent 1-year terms pursuant to the same contract provisions as the initial term, until terminated by either party pursuant to the termination provision below.
Termination. Either party may terminate this Agreement at any time, without cause, with 10 days written notice to the other party.
Amendment. This Agreement may not be altered, changed or amended, except by an instrument in writing, signed by both parties.

Assignment. This Agreement is not transferrable or assignable by either party without the written approval of both parties.
Controlling Law. This Agreement is governed under the laws of the State of Florida with venue in Osceola County, Florida.

Enforcement of Agreement. In the event it becomes necessary for either party to institute legal proceedings in order to enforce the terms of this Agreement, the prevailing party will be entitled to all costs, including reasonable attorney’s fees at both trial and appellate levels against the non- prevailing party.

Notice. Whenever any party desires to give notice to the other parties, it must be given by written notice, sent by email, certified United States mail with return receipt requested, or a nationally recognized express transportation company to the addresses below. In the event that any party undergoes a change in address or contact information, notification to the other parties shall be made.

To the Contractor:
2603 Old Dixie Hwy,
Kissimmee, FL 34744 newgenerationtowing@gmail.com
To the District:
c/o GMS
219 East Livingston Street Orlando, Florida 32801 Attn: Tricia Adams tadams@gmscfl.com

Arm’s Length Transaction and Interpretation. This Agreement has been negotiated fully between the parties as an arm's length transaction. In the case of a dispute concerning the interpretation of any provision of this Agreement, the parties are each deemed to have drafted, chosen, and selected the language, and any doubtful language will not be interpreted or construed against any party.

Severability. Should any provision of this Agreement be declared or be determined by any court of jurisdiction to be illegal or invalid, the validity of the remaining parts, term or provision shall not be affected thereby, and the illegal part, term or provision shall be deemed not part of this Agreement.
Entire Agreement. This Agreement contains the entire agreement and neither party is to rely upon any oral representations made by the other party. To the extent that any provisions of this Agreement conflict with the provisions in any exhibit, the provisions in this Agreement will control over provisions in any exhibit.

New Generation Towing and Recovery, LLC
Rolling Oaks
Community Development District

	
Name: 	
Title: 	
Chair of the Board of Supervisors

2603 Old Dixie Hwy. Kissimmee, FL. 34744
Ph.; (321) 442-3772
Fax; (407) 308-0905
newgenerationtowing@gmail.com

AGREEMENT FOR TOWING SERVICES
GATE CODE	
New Generation Towing & Recovery Services (Hereinafter referred to as “Towing Service”), whose address is 2603 Old Dixie Hwy, Kissimmee, FL 34744, and 	(Hereinafter referred to as “Property Representative”), whose address is 		

Phone 	 Fax 	 Email 	, hereby enter into the following agreement for the provision of towing services and agree to as follows;
This agreement shall commence on the 	day of 	 20	, and shall terminate at any time upon written notification from either the Property Representative or the Towing Service. Agreement length is 1 year and will automatically renew if not terminated in writing by certified mail.
By this agreement, the Property Representative authorizes the Towing Service to remove any unauthorized vehicles (hereinafter referred to as “Trespass Towing’) parked on the following property; 	
	 hereinafter referred to as “The Property”.
Trespass towing shall be authorized twenty four (24) hours per day, seven (7) days per week. Any request to skip a day or a certain car shall be faxed to (407) 308-0905, or emailed to newgenerationtowing@gmail.com
Any vehicle trespass towed from the Premises shall be towed to 2603 Old Dixie Hwy Kissimmee, FL 34744, a fenced impound yard.
The Property Representative affirms that he/she is the owner/tenant or the agent for the owner/tenant and has the authority to enter into this agreement.
The parties to the agreement agree that all fees are to be paid by the vehicles owner/operator. All fees shall be in accordance with chapters 713 and 715 of the Florida Statutes.
The parties to this agreement shall be governed by and shall comply with the provisions of chapters 713 and 715 of the Florida Statutes.
The parties, by signing this agreement, stipulate that they have read and understand the Ordinances and statutes listed in line 7 above.
Parking Violations:		Hrs. S = Sticker / A = Automatic Tow (Circle One)

	No Parking Permit	S/A		Missing Tag	S/A		Invalid/Expired Tag	S/A	
	Parked on grass	S/A		Backed-In	S/A		Handicap w/o Placard	S/A	
	Blocking sidewalk	S/A		Blocking Garage	S/A		Trailers	S/A	
	Parked on Street	S/A		Fire Lane	S/A		Parked in car wash area	S/A	
	Double Parked	S/A		Flat/Missing Tire(s) S/A		Blocking Dumpster	S/A
	Inoperable {Wrecked, Burnt, Dismantled} S/A		Resident in guest parking  S/A

	Commercial Vehicles (	Light duty, 	Med duty, 	Heavy duty) S/A

Additional Requests:	

Towing Service Agent	Date				Property Representative	Date	
Print Name					Print Name		

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NOTICE OF REVISED MEETING DATES ROLLING OAKS
COMMUNITY DEVELOPMENT DISTRICT
The Board of Supervisors of the Rolling Oaks Community Development District will hold a portion of their regularly scheduled public meetings for Fiscal Year 2025 at 1:00 pm at the Margaritaville Resort Orlando, 8000 Fins Up Circle, Kissimmee, Florida 34747 on the fourth Thursday of the below listed months, unless otherwise indicated:

Exception: November 21, 2024 - 3:00 pm
May 22, 2025
June 26, 2025
August 28, 2025
September 25, 2025
In addition to the dates above, the Board of Supervisors will hold another portion of regularly scheduled public meetings for Fiscal Year 2025 at 1:00pm at the West Osceola Branch Library, 305 Campus Street, Celebration, FL 34747 on the fourth Thursday of the below listed months:

October 24, 2024
January 23, 2025
February 27, 2025
March 27, 2025
April 24, 2025
July 24, 2025

The meetings are open to the public and will be conducted in accordance with the provisions of Florida Law for Community Development Districts. A copy of the meeting agenda may be obtained from the District Manager at 219 East Livingston Street, Orlando, Florida 32801. Additionally, interested parties may refer to the District’s website for the latest information: www.rollingoakscdd.com.

The meeting may be continued to a date, time, and place as evidenced by motion of the majority of Board Members participating. There may be occasions when one or more Supervisors will participate by telephone. Any person requiring special accommodations at this meeting because of a disability or physical impairment should contact the District Office at (407) 841-5524 at least forty-eight (48) hours prior to the meeting. If you are hearing or speech impaired, please contact the Florida Relay Service 1-800-955-8770, for aid in contacting the District Office.

Each person who decides to appeal any action taken at these meetings is advised that person will need a record of the proceedings and that accordingly, the person may need to ensure that a verbatim record of the proceedings is made, including the testimony and evidence upon which such appeal is to be based.

Tricia Adams
Governmental Management Services – Central Florida, LLC District Manager

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Section 1

Summary of Check Register

July 1, 2024 to August 30, 2024
.

General Fund					
	7/10/24	596-599	$	30,116.20	
	7/16/24	601	$	4,252.22	
	7/22/24	602	$	3,447.38	
	7/29/24	603-604	$	430,150.00	
	8/7/24	605-608	$	24,843.20	
	8/20/24	609-613	$	7,995.70	
	8/28/24	614	$	365.00	

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	9/19/24	PAGE	1
*** CHECK DATES 07/01/2024 - 08/30/2024 ***	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	#
7/10/24 00040	6/10/24 0806062	202406 320-53800-48600	*	2,900.00
PRESSURE WASHING 06/10/24
IDALIZ E. TRINIDAD DBA FAST	2,900.00 000596
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
7/10/24 00027	5/29/24 05292024 202405 310-51300-49300	*	141.79
HEMISPHERE DANCER MAY24
MARGARITAVILLE RESORT	141.79 000597
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
7/10/24 00003	5/17/24 24638	202404 310-51300-49400	*	2,144.62
BOUNDARY EXPANSION APR24
STRALEY ROBIN VERICKER	2,144.62 000598
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
7/10/24 00019	7/01/24 PSI08534 202407 320-53800-47000	*	743.60
POND MAINTENANCE JUL24
7/01/24 PSI08538 202407 320-53800-47000	*	1,260.80 QRLTY POND MAINT JUL24
7/01/24 PSI08538 202407 320-53800-47000	*	2,069.54 POND MAINTENANCE JUL24
7/01/24 PSI08543 202407 320-53800-47000	*	1,154.19 POND MAINTENANCE JUL24
SOLITUDE LAKE MANAGEMENT LLC DBA	5,228.13 000599
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
7/10/24 00038	7/01/24 OS 72369 202407 320-53800-46200	*	19,701.66 LANDSCAPE MAINT JUL24
YELLOWSTONE LANDSCAPE-SOUTHEAST LLC	19,701.66 000600
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
132	202407 310-51300-34000	*	3,343.67
MANAGEMENT FEES JUL24
132	202407 310-51300-35200	*	61.92
WEBSITE ADMIN JUL24
132	202407 310-51300-35100	*	104.17
INFORMATION TECH JUL24
132	202407 310-51300-31300	*	666.67
DISSEMINATION SVCS JUL24
132	202407 310-51300-51000	*	.18
OFFICE SUPPLIES JUL24
132	202407 310-51300-42000	*	75.61
POSTAGE JUL24
GOVERNMENTAL MANAGEMENT SERVICES	4,252.22 000601
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
7/22/24 00038	7/17/24 OS 73615 202407 320-53800-46202	*	3,447.38 LANDSCAPE ENHANCE JUL24
YELLOWSTONE LANDSCAPE-SOUTHEAST LLC	3,447.38 000602
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
7/29/24 00041	7/15/24 90103108 202406 310-51300-32200	*	3,400.00
AUDIT SERVICES-FY23
DIBARTOLOMEO,MCBEE,HARTLEY & BARNES	3,400.00 000603
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
ROAK ROLLING OAKS	IARAUJO
AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	9/19/24	PAGE	2
*** CHECK DATES 07/01/2024 - 08/30/2024 ***	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	#
7/29/24 00003	7/22/24 24959	202406 310-51300-31500	*	901.50
GENERAL COUNSEL-JUN24
STRALEY ROBIN VERICKER	901.50 000604
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
8/07/24 00001	6/30/24 135	202406 320-53800-48000	*	316.70
SIGNAGE REPAIR JUN24
GOVERNMENTAL MANAGEMENT SERVICES	316.70 000605
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
8/07/24 00003	6/18/24 24793	202405 310-51300-49400	*	857.50
BOUNDARY EXPANSION MAY24
STRALEY ROBIN VERICKER	857.50 000606
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
8/07/24 00019	8/01/24 PSI09407 202408 320-53800-47000	*	743.60
POND MAINTENANCE AUG24
8/01/24 PSI09410 202408 320-53800-47000	*	2,069.54 POND MAINTENANCE AUG24
8/01/24 PSI09414 202408 320-53800-47000	*	1,154.19 POND MAINTENANCE AUG24
SOLITUDE LAKE MANAGEMENT LLC DBA	3,967.33 000607
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
8/07/24 00038	8/01/24 OS 74219 202408 320-53800-46200	*	19,701.67 LANDSCAPE MAINT AUG24
YELLOWSTONE LANDSCAPE-SOUTHEAST LLC	19,701.67 000608
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
8/20/24 00032	7/01/24 12202	202406 310-51300-31100	*	1,200.00
GENERAL ENGINEERING JUN24
DAVE SCHMITT ENGINEERING, INC.	1,200.00 000609
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
8/20/24 00037	8/16/24 15	202408 310-51300-49000	*	250.00
AMORT SERIES 2018 9-1-24
DISCLOSURE SERVICES LLC	250.00 000610
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
8/20/24 00001	8/01/24 133	202408 310-51300-34000	*	3,343.67
MANAGEMENT FEES AUG24
8/01/24 133	202408 310-51300-35200	*	61.92
WEBSITE ADMIN AUG24
8/01/24 133	202408 310-51300-35100	*	104.17
INFORMATION TECH AUG24
8/01/24 133	202408 310-51300-31300	*	666.67
DISSEMINATION SVCS AUG24
8/01/24 133	202408 310-51300-51000	*	.15
OFFICE SUPPLIES AUG24
8/01/24 133	202408 310-51300-42000	*	10.70
POSTAGE AUG24
GOVERNMENTAL MANAGEMENT SERVICES	4,187.28 000611
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
ROAK ROLLING OAKS	IARAUJO
AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	9/19/24	PAGE	3
*** CHECK DATES 07/01/2024 - 08/30/2024 ***	ROLLING OAKS GENERAL FUND
BANK A GENERAL FUND

PUBLIC HEARING/BOS MEETNG

GENERAL COUNSEL JUL24
2,200.50

GENERAL MAINTENANCE JUL24
365.00

TOTAL FOR BANK A	75,321.20
TOTAL FOR REGISTER	75,321.20

ROAK ROLLING OAKS	IARAUJO

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Rolling Oaks
Community Development District

Unaudited Financial Reporting
August 31, 2024

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
August 31, 2024

Assets:
Operating Account - Suntrust	$	262,081	$	-	$	-	$	262,081							
Due from General Fund	$	-	$	348	$	-	$	348							
Due From Developer	$	554	$	-	$	-	$	554							
Investments
Series 2016
Reserve	

$	-	$	1,149,631	

$	-	$	1,149,631							
Revenue	$	-	$	919,024	$	-	$	919,024							
Principal	$	-	$	249	$	-	$	249							
Interest	$	-	$	967	$	-	$	967							
Sinking Fund	$	-	$	861	$	-	$	861							
Prepayment	$	-	$	27,730	$	-	$	27,730							
Construction
Series 2018
Reserve	$	-	$	-

$	-	$	919,769	$	6,703	$	6,703

$	-	$	919,769							
Revenue	$	-	$	851,679	$	-	$	851,679							
Interest	$	-	$	363	$	-	$	363							
Principal	$	-	$	537	$	-	$	537							
Prepayment	$	-	$	525	$	-	$	525							
Sinking Fund	$	-	$	202	$	-	$	202							
Construction
Series 2022
Reserve	$	-	$	-

$	-	$	588,929	$	2,562	$	2,562

$	-	$	588,929							
Revenue	$	-	$	155,909	$	-	$	155,909							
Interest	$	-	$	563	$	-	$	563							
Capitalized Interest	$	-	$	97	$	-	$	97							
Sinking Fund	$	-	$	208	$	-	$	208							
Construction	$	-	$	-	$	1,209	$	1,209							
Total Assets	$	262,635	$	4,732,958	$	10,473	$	5,006,066	
Liabilities:
Accounts Payable	

$	5,293	$	-	$	-	

$	5,293							
Due to Debt Service	$	348	$	-	$	-	$	348							
Total Liabilities	$	5,641	$	115,368	$	-	$	121,008							

Fund Balances:
Unassigned	

$	256,994	$	-	$	-	

$	256,994							
Assigned for Debt Service 2016	$	-	$	2,214,024	$	-	$	2,214,024							
Assigned for Debt Service 2018	$	-	$	1,657,861	$	-	$	1,657,861							
Assigned for Debt Service 2022	$	-	$	745,705	$	-	$	745,705							
Assigned for Capital Projects 2016	$	-	$	-	$	6,703	$	6,703							
Assigned for Capital Projects 2018	$	-	$	-	$	2,562	$	2,562							
Assigned for Capital Projects 2022	$	-	$	-	$	1,209	$	1,209							
Total Fund Balances	$	256,994	$	4,617,590	$	10,473	$	4,885,057					
									
Total Liabilities & Fund Balance	$	262,635	$	4,732,958	$	10,473	$	5,006,066					
Rolling Oaks
Community Development District General Fund
Statement of Revenues, Expenditures, and Changes in Fund Balance
For The Period Ending August 31, 2024

	Adopted	Prorated Budget	Actual		
	Budget	Thru 08/31/24	Thru 08/31/24	Variance	

Revenues					
Assessments	$	647,504	$	647,504	$	657,709	$	10,205	
Assessments - Direct	$	165,627	$	165,627	$	124,220	$	(41,407)	
Developer Contributions	$	-	$	-	$	56,570	$	56,570	
Boundary Amendment Contributions	$	-	$	-	$	5,712	$	5,712	
Total Revenues	$	813,131	$	813,131	$	844,211	$	31,080	

Expenditures:					
General & Administrative:					
Supervisor Fees	$	12,000	$	11,000	$	5,400	$	5,600	
FICA Expense	$	918	$	842	$	413	$	428	
Engineering	$	10,000	$	9,167	$	9,389	$	(223)	
Attorney	$	15,000	$	13,750	$	7,959	$	5,791	
Arbitrage	$	1,350	$	1,350	$	1,350	$	-	
Dissemination	$	8,000	$	7,333	$	7,333	$	-	
Assessment Administration	$	10,000	$	10,000	$	10,000	$	-	
Annual Audit	$	5,000	$	5,000	$	3,400	$	1,600	
Trustee Fees	$	11,041	$	7,000	$	7,000	$	-	
Management Fees	$	40,124	$	36,780	$	36,780	$	-	
Information Technology	$	1,250	$	1,146	$	1,146	$	-	
Website Maintenance	$	743	$	681	$	681	$	-	
Telephone	$	100	$	92	$	-	$	92	
Postage	$	800	$	733	$	432	$	301	
Insurance	$	7,918	$	7,918	$	5,626	$	2,292	
Printing & Binding	$	800	$	733	$	-	$	733	
Legal Advertising	$	2,000	$	1,833	$	428	$	1,405	
Other Current Charges	$	2,000	$	1,833	$	957	$	876	
Office Supplies	$	130	$	119	$	3	$	116	
Property Appraiser Fee	$	350	$	350	$	421	$	(71)	
Property Taxes	$	80	$	73	$	8	$	65	
Meeting Room	$	1,701	$	1,559	$	567	$	992	
Boundary Amendment	$	-	$	-	$	7,138	$	(7,138)	
Dues, Licenses & Subscriptions	$	175	$	175	$	175	$	-	
Total General & Administrative:	$	131,480	$	119,469	$	106,608	$	12,860	
Rolling Oaks
Community Development District General Fund
Statement of Revenues, Expenditures, and Changes in Fund Balance
For The Period Ending August 31, 2024

	Adopted	Prorated Budget	Actual		
	Budget	Thru 08/31/24	Thru 08/31/24	Variance	

Operations and Maintenance Expenses					
Field Operations					
Property Insurance	$	15,384	$	15,384	$	12,038	$	3,346	
Electric	$	16,614	$	15,230	$	8,721	$	6,508	
Streetlights	$	183,496	$	168,205	$	148,135	$	20,069	
Utility-Water and Sewer	$	172,192	$	157,843	$	102,307	$	55,535	
Landscape Maintenance	$	173,088	$	173,088	$	234,380	$	(61,292)	
Landscape Enhancements	$	50,000	$	45,833	$	3,995	$	41,838	
Landscape Irrigation	$	6,500	$	5,958	$	4,755	$	1,203	
Lawn Mowing/Trimming	$	12,000	$	11,000	$	-	$	11,000	
Lake Maintenance	$	45,007	$	41,256	$	44,453	$	(3,197)	
Pressure Washing	$	-	$	-	$	2,900	$	(2,900)	
Contingency	$	7,370	$	6,756	$	7,382	$	(626)	
Total Operations and Maintenance:	$	681,651	$	640,553	$	569,068	$	71,485	
					
Total Expenditures	$	813,131	$	760,021	$	675,676	$	84,345	
					
Excess Revenues (Expenditures)	$	-		$	168,535		
					
Fund Balance - Beginning	$	-		$	88,459		
					
Fund Balance - Ending	$	-		$	256,994		
Rolling Oaks
Community Development District Debt Service Fund - Series 2016
Statement of Revenues, Expenditures, and Changes in Fund Balance
For The Period Ending August 31, 2024

Adopted	Prorated Budget	Actual		
Budget	Thru 08/31/24	Thru 08/31/24	Variance	

Revenues					
Assessments - Tax Roll	$	1,125,001	$	1,125,001	$	1,142,733	$	17,732	
Interest	$	500	$	500	$	93,662	$	93,162	
Total Revenues	$	1,125,501	$	1,125,501	$	1,236,395	$	110,894	

Expenditures:					
Interest - 11/01	$	423,153	$	423,153	$	423,153	$	-	
Principal - 11/01	$	275,000	$	275,000	$	275,000	$	-	
Interest - 05/01	$	415,934	$	415,934	$	415,206	$	728	
Total Expenditures	$	1,114,087	$	1,114,087	$	1,113,359	$	728	
					
Excess Revenues (Expenditures)	$	11,414		$	123,036		
					
Fund Balance - Beginning	$	921,703		$	2,090,988		
					
Fund Balance - Ending	$	933,117		$	2,214,024		
Rolling Oaks
Community Development District Debt Service Fund - Series 2018
Statement of Revenues, Expenditures, and Changes in Fund Balance
For The Period Ending August 31, 2024

Adopted	Prorated Budget	Actual		
Budget	Thru 08/31/24	Thru 08/31/24	Variance	

Revenues					
Assessments	$	899,947	$	899,947	$	914,132	$	14,185	
Assessments - Prepayment	$	-	$	-	$	30,227	$	30,227	
Interest	$	500	$	500	$	71,217	$	70,717	
Total Revenues	$	900,447	$	900,447	$	1,015,576	$	115,129	

Expenditures:					
Interest - 11/01	$	337,359	$	337,359	$	337,359	$	-	
Principal - 11/01	$	225,000	$	225,000	$	225,000	$	-	
Interest - 05/01	$	332,438	$	332,438	$	332,847	$	(409)	
Special Call - 08/01	$	-	$	-	$	30,000	$	(30,000)	
Total Expenditures	$	894,797	$	894,797	$	925,206	$	(30,409)	
					
Excess Revenues (Expenditures)	$	5,650		$	90,370		
					
Fund Balance - Beginning	$	661,541		$	1,567,492		
					
Fund Balance - Ending	$	667,191		$	1,657,861		
Rolling Oaks
Community Development District Debt Service Fund - Series 2022
Statement of Revenues, Expenditures, and Changes in Fund Balance
For The Period Ending August 31, 2024

Adopted	Prorated Budget	Actual		
Budget	Thru 08/31/24	Thru 08/31/24	Variance	

Revenues					
Assessments - Direct	$	576,163	$	576,163	$	432,121	$	(144,042)	
Interest	$	-	$	-	$	35,773	$	35,773	
Total Revenues	$	576,163	$	576,163	$	467,894	$	(108,269)	

Expenditures:					
Interest - 11/01	$	242,247	$	242,247	$	242,247	$	-	
Principal - 05/01	$	90,000	$	90,000	$	90,000	$	-	
Interest - 05/01	$	242,247	$	242,247	$	242,247	$	-	
Total Expenditures	$	574,494	$	574,494	$	574,494	$	-	
					
Excess Revenues (Expenditures)	$	1,669		$	(106,599)		
					
Fund Balance - Beginning	$	269,953		$	852,305		
					
Fund Balance - Ending	$	271,622		$	745,705		
Rolling Oaks
Community Development District Capital Projects Fund - Series 2016
Statement of Revenues, Expenditures, and Changes in Fund Balance
For The Period Ending August 31, 2024

Adopted	Prorated Budget	Actual		
Budget	Thru 08/31/24	Thru 08/31/24	Variance	

Revenues

Interest	

$	

-	$	

-	$	313	

$	

313	
Total Revenues	$	-	$	-	$	313	$	313	

Expenditures:

Capital Outlay	

$	

-	$	

-	$	-	

$	

-	
Total Expenditures	$	-	$	-	$	-	$	-	
						
Excess Revenues (Expenditures)	$	-	$	313			
						
Fund Balance - Beginning	$	-	$	6,390			
						
Fund Balance - Ending	$	-	$	6,703			
Rolling Oaks
Community Development District Capital Projects Fund - Series 2018
Statement of Revenues, Expenditures, and Changes in Fund Balance
For The Period Ending August 31, 2024

Adopted	Prorated Budget	Actual		
Budget	Thru 08/31/24	Thru 08/31/24	Variance	

Revenues

Interest	

$	

-	$	

-	$	119	

$	

119	
Total Revenues	$	-	$	-	$	119	$	119	

Expenditures:

Capital Outlay	

$	

-	$	

-	$	-	

$	

-	
Total Expenditures	$	-	$	-	$	-	$	-	
						
Excess Revenues (Expenditures)	$	-	$	119			
						
Fund Balance - Beginning	$	-	$	2,442			
						
Fund Balance - Ending	$	-	$	2,562			
Rolling Oaks
Community Development District Capital Projects Fund - Series 2022
Statement of Revenues, Expenditures, and Changes in Fund Balance
For The Period Ending August 31, 2024

Adopted	Prorated Budget	Actual		
Budget	Thru 08/31/24	Thru 08/31/24	Variance	

Revenues

Interest	

$	

-	$	

-	$	56	

$	

56	
Total Revenues	$	-	$	-	$	56	$	56	

Expenditures:

Capital Outlay - Construction	

$	

-	$	

-	$	-	

$	

-	
Total Expenditures	$	-	$	-	$	-	$	-	
						
Excess Revenues (Expenditures)	$	-	$	56			
						
Fund Balance - Beginning	$	-	$	1,152			
						
Fund Balance - Ending	$	-	$	1,209			
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	$	-	$	58,190	$	353,972	$	29,380	$	29,331	$	6,266	$	154,471	$	5,225	$	20,763	$	111	$	-	$	-  $	657,709	
Assessments - Direct	$	-	$	-	$	-	$	-	$	82,813	$	-	$	41,407	$	-	$	-	$	-	$	-	$	-  $	124,220	
Developer Contributions	$	56,570	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-  $	56,570	
Boundary Amendment Contributions	$	-	$	-	$	-	$	-	$	581	$	683	$	893	$	2,145	$	858	$	-	$	554	$	-  $	5,712	
Total Revenues	$	56,570	$	58,190	$	353,972	$	29,380	$	112,725	$	6,949	$	196,770	$	7,370	$	21,620	$	111	$	554	$	-  $	844,211	

Expenditures:														
General & Administrative:														
Supervisor Fees	$	-	$	1,800	$	1,000	$	-	$	-	$	-	$	1,000	$	800	$	-	$	-	$	800	$	-  $	5,400	
FICA Expense	$	-	$	138	$	77	$	-	$	-	$	-	$	77	$	61	$	-	$	-	$	61	$	-  $	413	
Engineering	$	-	$	313	$	-	$	1,125	$	2,131	$	3,200	$	700	$	395	$	1,200	$	-	$	325	$	-  $	9,389	
Attorney	$	284	$	-	$	-	$	391	$	35	$	284	$	-	$	1,389	$	902	$	2,201	$	2,475	$	-  $	7,959	
Arbitrage	$	-	$	450	$	900	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-  $	1,350	
Dissemination	$	667	$	667	$	667	$	667	$	667	$	667	$	667	$	667	$	667	$	667	$	667	$	-  $	7,333	
Assessment Administration	$	10,000	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-		$	-	$	-  $	10,000	
Annual Audit	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	3,400	$	-	$	-	$	-  $	3,400	
Trustee Fees	$	7,000	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-  $	7,000	
Management Fees	$	3,344	$	3,344	$	3,344	$	3,344	$	3,344	$	3,344	$	3,344	$	3,344	$	3,344	$	3,344	$	3,344	$	-  $	36,780	
Information Technology	$	104	$	104	$	104	$	104	$	104	$	104	$	104	$	104	$	104	$	104	$	104	$	-  $	1,146	
Website Maintenance	$	62	$	62	$	62	$	62	$	62	$	62	$	62	$	62	$	62	$	62	$	62	$	-  $	681	
Telephone	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-  $	-	
Postage	$	31	$	61	$	39	$	5	$	53	$	5	$	47	$	78	$	27	$	76	$	11	$	-  $	432	
Insurance	$	7,126	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	(1,500)	$	-	$	-  $	5,626	
Printing & Binding	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-  $	-	
Legal Advertising	$	191	$	80	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	158	$	-  $	428	
Other Current Charges	$	39	$	288	$	40	$	39	$	41	$	41	$	41	$	56	$	40	$	41	$	291	$	-  $	957	
Office Supplies	$	0	$	0	$	1	$	0	$	0	$	0	$	0	$	0	$	0	$	0	$	0	$	-  $	3	
Property Appraiser Fee	$	-	$	-	$	-	$	-	$	421	$	-	$	-	$	-	$	-	$	-	$	-	$	-  $	421	
Property Taxes	$	-	$	8	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-  $	8	
Meeting Room	$	284	$	-	$	-	$	-	$	-	$	142	$	-	$	142	$	-	$	-	$	-	$	-  $	567	
Boundary Amendment	$	-	$	158	$	-	$	581	$	683	$	893	$	2,145	$	858	$	-	$	554	$	1,269	$	-  $	7,138	
Dues, Licenses & Subscriptions	$	175	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-  $	175	
Total General & Administrative:	$	29,306	$	7,472	$	6,232	$	6,317	$	7,541	$	8,741	$	8,185	$	7,955	$	9,745	$	5,547	$	9,566	$	-  $	106,608	
Rolling Oaks
Community Development District Month to Month

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

Operations and Maintenance Expenses														
Field Operations														
Property Insurance	$	12,038	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-  $	12,038	
Utility - Electric	$	1,025	$	997	$	951	$	740	$	689	$	625	$	602	$	620	$	836	$	854	$	781	$	-  $	8,721	
Streetlights	$	10,114	$	15,977	$	13,360	$	9,998	$	17,477	$	13,684	$	13,684	$	13,686	$	11,694	$	14,846	$	13,615	$	-  $	148,135	
Utility - Water & Sewer	$	361	$	3,083	$	17,077	$	12,205	$	9,754	$	15,993	$	8,902	$	3,562	$	6,019	$	17,996	$	7,355	$	-  $	102,307	
Landscape Maintenance	$	22,370	$	32,508	$	19,008	$	22,725	$	39,262	$	19,702	$	19,702	$	-	$	19,702	$	19,702	$	19,702	$	-  $	234,380	
Landscape Enhancements	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	3,447	$	548	$	-  $	3,995	
Landscape Irrigation	$	1,400	$	1,231	$	2,124	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-  $	4,755	
Lawn Mowing/Trimming	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-  $	-	
Lake Maintenance	$	5,124	$	4,783	$	3,224	$	4,485	$	2,847	$	3,224	$	5,124	$	3,224	$	3,224	$	5,228	$	3,967	$	-  $	44,453	
Pressure Washing	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	2,900	$	-	$	-	$	-  $	2,900	
Contingency	$	6,700	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	317	$	365	$	-	$	-  $	7,382	
Total Operations and Maintenance Expenses	$	59,132	$	58,579	$	55,744	$	50,153	$	70,029	$	53,228	$	48,014	$	21,091	$	44,692	$	62,437	$	45,968	$	-  $	569,068	
														
Total Expenditures	$	88,438	$	66,052	$	61,975	$	56,470	$	77,570	$	61,969	$	56,199	$	29,047	$	54,437	$	67,984	$	55,534	$	-  $	675,676	
														
Excess Revenues (Expenditures)	$	(31,869)	$	(7,861)	$	291,996	$	(27,090)	$	35,155	$	(55,020)	$	140,571	$	(21,677)	$	(32,817)	$	(67,873)	$	(54,981)	$	-  $	168,535	
Rolling Oaks
COMMUNITY DEVELOPMENT DISTRICT
Special Assessment Receipts Fiscal Year 2024

ON ROLL ASSESSMENTS

Gross Assessments	$	688,833.60	$  1,196,810.00	$	957,391.06	$ 2,843,034.66	
Net Assessments	$	647,503.58	$  1,125,001.40	$	899,947.60	$ 2,672,452.58	
	24%	42%	34%	100%	

Date	Distribution	Gross Amount	Discount/Penalty	Commission	Interest	Net Receipts	General Fund	2016 Debt Service	2018 Debt Service	Total	

11/10/23	
ACH	
$	9,816.07	
$	(515.35)	
$	(186.01)	
$	-	
$	9,114.71	
$	2,208.39	
$	3,836.95	
$	3,069.38	
$	9,114.71	
11/24/23	ACH	$	245,593.62	$	(9,823.68)	$	(4,715.40)	$	-	$	231,054.54	$	55,981.78	$	97,265.22	$	77,807.55	$ 231,054.54	
12/11/23	ACH	$	1,497,991.54	$	(58,720.91)	$  (29,959.84)	$	-	$	1,409,310.79	$	341,459.30	$	593,266.51	$	474,584.98	$ 1,409,310.79	
12/22/23	ACH	$	54,576.36	$	(1,879.84)	$	(1,053.92)	$	-	$	51,642.60	$	12,512.39	$	21,739.58	$	17,390.63	$	51,642.60	
1/9/24	ACH	$	5,704.03	$	(171.11)	$	(110.67)	$	-	$	5,422.25	$	1,313.75	$	2,282.56	$	1,825.94	$	5,422.25	
1/9/24	ACH	$	120,047.12	$	(3,601.48)	$	(2,328.91)	$	-	$	114,116.73	$	27,649.14	$	48,038.82	$	38,428.77	$ 114,116.73	
1/31/24	ACH	$	-	$	-	$	-	$	1,721.35	$	1,721.35	$	417.07	$	724.62	$	579.66	$	1,721.35	
2/7/24	ACH	$	126,111.16	$	(2,582.86)	$	(2,470.57)	$	-	$	121,057.73	$	29,330.86	$	50,960.72	$	40,766.15	$ 121,057.73	
3/8/24	ACH	$	26,657.65	$	(266.57)	$	(527.82)	$	-	$	25,863.26	$	6,266.37	$	10,887.45	$	8,709.44	$	25,863.26	
4/8/24	ACH	$	5,704.04	$	-	$	(114.08)	$	-	$	5,589.96	$	1,354.38	$	2,353.16	$	1,882.42	$	5,589.96	
4/8/24	ACH	$	644,202.47	$	-	$  (12,884.05)	$	-	$	631,318.42	$	152,960.97	$	265,761.16	$	212,596.29	$ 631,318.42	
4/19/24	ACH	$	-	$	-	$	-	$	642.38	$	642.38	$	155.64	$	270.42	$	216.32	$	642.38	
5/8/24	ACH	$	22,006.92	$	-	$	(440.14)	$	-	$	21,566.78	$	5,225.37	$	9,078.80	$	7,262.61	$	21,566.78	
6/7/24	ACH	$	21,860.88	$	-	$	(437.21)	$	-	$	21,423.67	$	5,190.71	$	9,018.55	$	7,214.41	$	21,423.67	
6/18/24	ACH	$	65,582.60	$	-	$	(1,311.66)	$	-	$	64,270.94	$	15,572.09	$	27,055.63	$	21,643.22	$	64,270.94	
7/11/24	ACH	$	-	$	-	$	-	$	459.05	$	459.05	$	111.22	$	193.24	$	154.58	$	459.04	
	Total	$	2,845,854.46	$	(77,561.80)	$  (56,540.28)	$	2,822.78	$	2,714,575.16	$	657,709.43	$  1,142,733.39	$	914,132.35	$ 2,714,575.15	

DIRECT BILL ASSESSMENTS

Rolling Oaks Splendid, LLC
2024-01			
Net Assessments	
$	741,787.61	
$	165,626.50	
$	576,161.11		
Date Received	Due Date	Check Number	O&M Total	S2022 Debt Total	Amount Received	General Fund	Series 2022	
2/21/24	12/1/23	200077	$	82,813.25	$	288,080.56	$	370,893.81	$	82,813.25	$	288,080.56	
4/12/24	2/1/24	Wire	$	41,406.63	$	144,040.28	$	185,446.90	$	41,406.63	$	144,040.28	
	5/1/24		$	41,406.63	$	144,040.28				
			$	165,626.51	$	576,161.12	$	556,340.71	$	124,219.88	$	432,120.84	
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	$1,149,631	
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)	
LESS: PRINCIPAL PAYMENT 11/1/23	($275,000)	
CURRENT BONDS OUTSTANDING	$14,155,000	

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	$919,769	
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)	
LESS: PRINCIPAL PAYMENT 11/1/23	($225,000)	
LESS: SPECIAL CALL 08/01/24	($30,000)	
CURRENT BONDS OUTSTANDING	$12,290,000	

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	$588,929		
BONDS OUTSTANDING - 11/22/22	$7,635,000		
LESS: PRINCIPAL PAYMENT 5/1/24	($90,000)		
CURRENT BONDS OUTSTANDING	$7,545,000		
	Rolling Oaks		
	Community Development District		
	Special Assessment Bonds, Series 2016		
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	
3/1/23	Interest	$	21.13	
4/1/23	Interest	$	24.03	
5/1/23	Interest	$	24.28	
6/1/23	Interest	$	26.39	
7/1/23	Interest	$	25.85	
8/1/23	Interest	$	27.03	
9/1/23	Interest	$	28.14	
	TOTAL	$	4,987.06	

Acquisition/Construction Fund at 09/30/2022 Interest Earned and Transfer In thru 09/30/23 Requisitions Paid thru 09/30/23
$	1,402.97
$	4,987.06
$	-

	Remaining Acquisition/Construction Fund	 $	6,390.03 	
Fiscal Year 2024			
10/1/23	Interest	$	27.46	
11/1/23	Interest	$	28.51	
12/1/23	Interest	$	27.75	
1/1/24	Interest	$	28.81	
2/1/24	Interest	$	28.85	
3/1/24	Interest	$	27.02	
4/1/24	Interest	$	29.00	
5/1/24	Interest	$	28.12	
6/1/24	Interest	$	29.18	
7/1/24	Interest	$	28.39	
8/1/24	Interest	$	29.62	
	TOTAL	$	312.71	

Acquisition/Construction Fund at 09/30/2023 Interest Earned and Transfer In thru 08/30/24 Requisitions Paid thru 08/30/24

Remaining Acquisition/Construction Fund
$	6,390.03
$	312.71
$	-

 $	6,702.74 
Rolling Oaks
Community Development District Special Assessment Bonds, Series 2018
Date	Requisition #	Contractor	Description	Requisitions	
Fiscal Year 2023					
2/28/23	6	Rolling Oaks CDD	Reimburse RO O&M Ithink Graphics Invoice # 78762 - Custom Wildlife Signs	$1,629.98	
		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	
3/1/23		Interest		$	12.21	
4/1/23		Interest		$	9.18	
5/1/23		Interest		$	9.28	
6/1/23		Interest		$	10.09	
7/1/23		Interest		$	9.88	
8/1/23		Interest		$	10.33	
9/1/23		Interest		$	10.76	
		TOTAL		$	3,906.60	
			
Acquisition/Construction Fund at 09/30/22	
$	165.62	
			Interest Earned 09/30/23	$	3,906.60	
			Requisitions Paid thru 09/30/23	$	(1,629.98)	
			Remaining Acquisition/Construction Fund	 $	2,442.24 	

Fiscal Year 2024					
10/1/23	Interest		$	10.49		
11/1/23	Interest		$	10.89		
12/1/23	Interest		$	10.61		
1/1/24	Interest		$	11.01		
2/1/24	Interest		$	11.02		
3/1/24	Interest		$	10.32		
4/1/24	Interest		$	11.08		
5/1/24	Interest		$	10.74		
6/1/24	Interest		$	11.15		
7/1/24	Interest		$	10.85		
8/1/24	Interest		$	11.28		
	TOTAL		$	119.44		
		
Acquisition/Construction Fund at 09/30/23 Interest Earned 08/30/24
Requisitions Paid thru 08/30/24	
$	2,442.24
$	119.44
$	-		
Remaining Acquisition/Construction Fund	 $	2,561.68 				
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	
1/1/23		Interest		$	12,684.83	
2/1/23		Interest		$	1,625.30	
3/1/23		Interest		$	1,124.42	
4/1/23		Interest		$	4.20	
5/1/23		Interest		$	4.38	
6/1/23		Interest		$	4.76	
7/1/23		Interest		$	4.66	
8/1/23		Interest		$	4.87	
9/1/23		Interest		$	5.07	
		TOTAL		$	20,920.32	
	
Acquisition/Construction Fund at 11/22/2022	
$	6,220,765.38			
	Interest Earned 06/30/23	$	20,920.32			
	Requisitions Paid thru 06/30/23	$  (6,240,533.34)			
	Remaining Acquisition/Construction Fund	 $	1,152.36 			
Fiscal Year 2024					
10/1/23	Interest	$	4.95			
11/1/23	Interest	$	5.14			
12/1/23	Interest	$	5.00			
1/1/24	Interest	$	5.19			
2/1/24	Interest	$	5.20			
3/1/24	Interest	$	4.87			
4/1/24	Interest	$	5.23			
5/1/24	Interest	$	5.07			
6/1/24	Interest	$	5.26			
7/1/24	Interest	$	5.12			
8/1/24	Interest	$	5.32			
	TOTAL	$	56.35			

Acquisition/Construction Fund at 09/30/2023 Interest Earned 08/30/24
Requisitions Paid thru 08/30/24
$	1,152.36
$	56.35
$	-

Remaining Acquisition/Construction Fund	 $	1,208.71