VillaSol Community Development District INFRAMARK, INFRASTRUCTURE MANAGEMENT SERVICES 210 North University Drive Suite 702 Coral Springs, Florida 3307

Transcription

1 Agenda Page #1 VILLA SOL COMMUNITY DEVELOPMENT DISTRICT SEPTEMBER 4, 2018 AGENDA PACKAGE

2 VillaSol Community Development District INFRAMARK, INFRASTRUCTURE MANAGEMENT SERVICES 210 North University Drive Suite 702 Coral Springs, Florida Phone: (954) Fax: (954) August 28, 2018 Board of Supervisors VillaSol Community Development District Dear Board Members: Agenda Page #2 A meeting of the Board of Supervisors of the VillaSol Community Development District is scheduled to be held Tuesday, September 4, 2018 at 6:00 P.M. at the VillaSol Clubhouse, 3050 Puerta Del Sol Blvd., Kissimmee, FL, The following is the advance agenda for the meeting. 1. Roll Call 2. Pledge of Allegiance 3. Audience Comments 4. Approval of the Minutes of the July 10, 2018 Regular and August 14, 2018 Special Meetings 5. Public Hearing to Consider Adoption of the Fiscal Year 2019 Budget A. Fiscal Year 2019 Budget B. Consideration of Resolution Relating to the Annual Appropriations and Adopting the Fiscal Year 2019 Budget C. Consideration of Resolution Levying and Imposing a Non-Ad Valorem Maintenance Assessment 6. Attorney s Report 7. District Engineer A. Annual Inspection Report B. Plans for Bidding Street Signage Modifications (under separate cover) 8. District Managers Report A. Financial Statements B. Check Registers C. Discussion of Meeting Schedule for Fiscal Year 2019 D. Field Operations i. Field Management Report ii. Action Items List iii. Resident Call Log iv. BrightView Landscaping Update v. Churchills Group Report 9. Other Business A. BrightView Proposals i. Replace Magnolia Tree ii. Landscape Enhancements at Clubhouse iii. Remove Ornamental Grass and Install Sod Behind Clubhouse iv. Install Mulch at Playground v. Landscape Enhancements for Parking Lot Islands

3 Agenda Page #3 B. Spa Proposals i. Churchills ii. Spies C. Pool Resurfacing Proposals i. All Phase Pool Remodeling ii. Churchills iii. Spies D. Fast Signs Proposal E. Camera System Proposal F. Discussion and Review of Capital Projects G. Discussion of Envera Related Matters 10. Supervisor Requests & Comments 11. Adjournment I look forward to seeing you at the meeting. Please call me if you have any questions. Sincerely, Bob Koncar District Manager/ms

4 Fourth Order of Business Agenda Page #4

5 Agenda Page #5 MINUTES OF MEETING VILLASOL COMMUNITY DEVELOPMENT DISTRICT The regular meeting of the Board of Supervisors of the VillaSol Community Development District was held Tuesday, July 10, 2018, at 6:00 p.m. at the VillaSol Clubhouse, 3050 Puerta Del Sol Boulevard, Kissimmee, FL Present and constituting a quorum were: Ramon Bermudez Servando Comas Faye Woolery Michael Edgecombe Mark Gosdin Also present were: Bob Koncar Kristen Suit Scott Clark Rey Malavé Ariel Medina Freddy Blanco Residents and Members of the Public Chairman Vice Chairman Secretary Assistant Secretary Assistant Secretary District Manager Inframark - District Manager District Counsel District Engineer Project Coordinator Field Services Supervisor This represents the context and summary of the meeting. FIRST ORDER OF BUSINESS Roll Call Mr. Koncar called the meeting to order and called the roll. SECOND ORDER OF BUSINESS The pledge was recited. Pledge of Allegiance THIRD ORDER OF BUSINESS Audience Comments There being none, the next item followed. FOURTH ORDER OF BUSINESS Approval of the Minutes of the May 1, 2018 Regular, May 17, 2018 Special, June 4, 2018 Workshop and June 4, 2018 Continued Meetings

6 VillaSol CDD July 10, 2018 Agenda Page #6 On MOTION by Mr. Comas seconded by Mr. Bermudez, with all in favor, the minutes of the May 1, 2018 Regular, May 17, 2018 Special, June 4, 2018 Workshop and June 4, 2018 Continuation meetings were approved. FIFTH ORDER OF BUSINESS Attorney s Report A. Website ADA Compliance Mr. Clark provided and addressed a memorandum regarding ADA website compliance. Mr. Koncar reported on a two-part process for compliance - website audit and conversion of website materials. o It is recommended the District hire a consultant to perform an audit of the website. Discussion followed on a timeline, being proactive on compliance and requirements for materials for the website. The quote received from one consultant is $3,500 to train personnel to convert the website materials from pdf to audit files. It is $199 for the annual compliance review and shield. For the consultant to convert 15 pages of the website to audio file is $12,750. Discussion followed on holding a special meeting once proposals are obtained. On MOTION by Mr. Edgecombe seconded by Mr. Gosdin, with all in favor, to authorize the District Manager and District Counsel to obtain proposals from consulting firms to modify the CDD website to be ADA compliant and authorizing a special meeting of the Board of Supervisors to be held upon receipt of proposals was approved. Discussion followed on posting of meeting recordings on the website with Mr. Clark noting they are required to have written minutes of the meetings. Required items to be posted on the website was addressed. Mr. Bermudez inquired if this would qualify for capital projects. o Mr. Clark noted it was not on the list and is probably more administrative than capital. SIXTH ORDER OF BUSINESS District Engineer A. Stop Signs, Speed Bumps, Corner Paint and Traffic Change Mr. Malavé reviewed plans for the striping and signage. 2

7 VillaSol CDD July 10, 2018 Agenda Page #7 o These plans are what the County is looking for to allow the CDD to do the work on their own. o Speed humps and yellow painted curbs were reviewed. Discussion followed on getting proposals for installations. Discussion ensued on enforcement of the no parking areas. o There will be signs informing the public they will be towed and the name of the tow company and phone number where they can retrieve their vehicle to meet statutory requirements. SEVENTH ORDER OF BUSINESS District Manager s Report A. Financial Statements Mr. Koncar inquired if there any questions on the financial statements. Mr. Comas addressed R&M Other Landscape. We have an unfavorable balance of $7,418. Is this a typo or what is going on there? o Mr. Koncar outlined budget amendments noting they are done at the end of the fiscal year. They can make the adjustment in the FY 2019 budget. o Discussion followed on the expense with it being noting a portion of it may be removal of the trees. On MOTION by Mr. Comas seconded by Mr. Gosdin, with all in favor, the financial statements were approved. B. Check Registers Mr. Bermudez inquired about the Churchill Group invoice for $1,270 for a chemical feed pump. o Mr. Koncar noted the pump was installed in May after the last meeting. o Mr. Bermudez addressed authorizing the pump to be replaced with two pumps due to the age of the pump. o Mr. Gosdin noted this are the chemical feed pumps which are pumping chlorine into the pool. o Mr. Koncar noted they will get more detail on it and report back to the Board. 3

8 VillaSol CDD July 10, 2018 Agenda Page #8 Mr. Comas addressed the American Lock & Door invoices; noting all three are from He noted payments over 60 or 90 days are not allowed. o Mr. Bermudez noted the Board was clear that they do not pay any invoice more than 90 days behind. o Mr. Koncar noted they will report back on these three as well. He also noted since the meeting was early in the month, the check register for June was not included, but it was ed to the Board. Mr. Comas noted there were no payments made to Envera in June. o Mr. Medina noted they have requested Envera resubmit the invoices. o Mr. Comas addressed the special meeting on May 17 th and approved a payment of $1,956 for the gates to be closed 21 hours. On May 19 th, the gates were closed and they started the new project on June 18 th so they are owed a month. o Mr. Bermudez noted while the gates were opened there was no activity. He would like to see one bill with an explanation of what is covered. Envera: On MOTION by Mr. Comas seconded by Mr. Edgecombe, with all in favor, the check registers were approved. Mr. Bermudez requested the Envera Representatives provide an update on the guardhouse. o The representative noted they do not have an update as neither is from the Service Team. They representative the Central Station which are the guards who monitor the kiosk. They are here to answer any questions regarding post orders or that service. Mr. Bermudez addressed changing the post orders to allow large vehicles to drive on the left-hand side which is the visitor side. Envera keeps telling them to go to the right-hand side. o The representative noted it was reported to them a week ago, and they have caught two instances of it occurring. It is spelled out in the top of the post orders. 4

9 VillaSol CDD July 10, 2018 Agenda Page #9 o Discussion followed on the arm operation with it being noted it is so quick the arm is going down before the vehicle arrives at it. Between the Central Station and service department they will find the best way to handle it. Mr. Comas addressed the length of the gate arm noting the installation team stated the arm is cannot be longer due to the weight. The shorter gate is creating an issue with vehicles attempting to drive around. Mr. Bermudez addressed moving the arm away from the guardhouse so it will not strike the window. Mr. Comas noted there is a glitch in the reader from the resident lane and two or three vehicles can pass at the same time allowing for tailgaters. Discussion followed on gate operation for emergency services. The Envera Representative explained how the tag recognition and verification systems work. Discussion followed. Mr. Comas inquired if there is a way that Inframark knows who moves out of VillaSol. o Mr. Koncar noted they do not; it is usually handled on the HOA side. Discussion followed on whether Envera can clear all lists within their system to eliminate previous homeowners and renters from continuing to access VillaSol and amenities. A resident addressed people walking into the community. Mr. Comas requested Envera take the information to their team to see what they can do and keep the CDD updated. C. Acceptance of FY 2017 Audit Mr. Koncar reviewed the FY 2017 noting the Management Letter shows it is a clean audit. Mr. Comas addressed the assets and Capital assets being reduced $271,000. o Mr. Koncar noted this is how the total assets of the District is accounted for. It is not that they are losing money; it is not cash accounting; it is fund accounting. o Discussion continued with Mr. Koncar noting they have not increased assessments in some years and as a result they are using fund balance. Information regarding the last assessment increase will be provided to the Board. 5

10 VillaSol CDD July 10, 2018 Agenda Page #10 On MOTION by Mr. Bermudez seconded by Mr. Comas, with all in favor, the audit for fiscal year ended September 30, 2017 was accepted. D. Discussion of Statewide Mutual Aid i. Consideration of Resolution Approving Adoption and Execution of Statewide Mutual Aid Agreement Mr. Koncar outlined the Statewide Mutual Aid. Mr. Clark addressed the benefit of the mutual aid agreement in creating a network for resources. Discussion followed on what constitutes a need for emergency aid. Mr. Bermudez requested additional information on the program. o Mr. Koncar noted the agreement does set pricing. This item was tabled to the special meeting. E. Discussion of FY 2019 Budget Mr. Koncar noted the public hearing is set for September 4 th at 6:00 p.m. Changes can be made to the budget, but assessments cannot be increased. F. Continuation of Capital Projects Tabled to September 4, G. Field Operations i. Field Management Report ii. Action Items List iii. Resident Call Log iv. BrightView Landscaping Update v. Churchills Group Report Mr. Blanco reviewed the Field Management Report. Mr. Bermudez inquired if American EcoSystems is the same company they have been using. o Mr. Blanco noted it is. Discussion followed on obtaining a new company for aquatic management. 6

11 VillaSol CDD July 10, 2018 Agenda Page #11 On MOTION by Mr. Edgecombe seconded by Ms. Woolery, with all in favor, the termination of the American EcoSystems agreement, effective August 9, 2018, was approved. Mr. Blanco noted they are recommending Sitex. Mr. Gosdin noted Aquatic Systems offers more visits for less money. The cost for the Triploid Grass Carp is less than half of Sitex. Mr. Edgecombe inquired how quickly another vendor can be onsite. o Mr. Koncar noted they will have to provide a 30-day notice to American Eco Systems. Mr. Clark addressed some items in the contract provided by Aquatic Systems noting there needs to be a termination language and the venue for court cases is listed as Broward County; he noted he does not accept this in contracts. On MOTION by Mr. Edgecombe seconded by Mr. Gosdin, with all in favor, the Aquatic Systems services subject to execution of agreement drafted by District Counsel, effective immediately upon receipt of fully executed agreement, was approved. EIGHTH ORDER OF BUSINESS Other Business A. Status Reports i. Envera and Outcome of New System Previously addressed. ** Pool Resurfacing Mr. Blanco addressed the issue of algae in the pool noting the pool will have to be drained. Discussion followed on resurfacing the pool with Mr. Koncar noting it is something that may qualify for capital projects. The Board requested additional quotes for resurfacing the pool after the summer season is over. o Mr. Edgecombe requested the proposals include a timetable for the job. ii. Pool Leak Discussion followed on the pool leak with Mr. Blanco noting it is at the pool heater. This item to be scheduled while the pool is being resurfaced. 7

12 VillaSol CDD July 10, 2018 Agenda Page #12 ** Camera System Mr. Medina addressed the camera system noting they will provide some quotes at the next meeting. o Mr. Bermudez inquired if was just the clubhouse or included the guardhouse. o Mr. Medina noted they can include the guardhouse. iv. Light Pole Discussion followed on the installation of a light pole and solar light. o Mr. Comas addressed the wind speed/load rating for the pole. o Mr. Medina noted it is a 25 foot 8-inch hurricane rated aluminum pole. On MOTION by Mr. Comas seconded by Mr. Edgecombe, with all in favor, the Inframark proposal to install the light pole and solar street at a cost of $2, was approved. ** Phone Line Mr. Medina addressed the phone line being active at the guardhouse. They are paying $62.87 per month for line and he would like direction from the Board. Discussion followed on charges from Envera for internet lines of $466 per month. The consensus of the Board is to cancel the phone line at the guardhouse. iii. Spike Strips Mr. Medina noted they are waiting for Envera to finish their work. Discussion followed on the signage for the spike strips. Signage to be in English and Spanish. On MOTION by Mr. Comas seconded by Mr. Edgecombe, with all in favor, the proposal signage at the gates, two in English and two in Spanish, was approved. v. Sidewalks Mr. Bermudez inquired if they have finished the sidewalks. o Mr. Blanco noted they have. o Mr. Gosdin noted they replaced some in front of the townhomes and by the park. 8

13 VillaSol CDD July 10, 2018 Agenda Page #13 vi. Name & Position Update at Clubhouse and Name Tags Mr. Medina outlined the quotes for the plaque for the clubhouse. Discussion followed on the plaque with Mr. Comas noted he will provide them with the name of a company for plaques. NINTH ORDER OF BUSINESS Supervisor Requests & Comments Mr. Comas inquired if they can meet monthly. o Mr. Koncar noted it would be up to the Board. Inframark will have to look at the effect and bring something back to the Board. o Mr. Clark noted speaking for himself, they will not be doing him a favor by having shorter meeting every month. o Mr. Comas addressed the amount of projects to be done. TENTH ORDER OF BUSINESS Adjournment On MOTION by Mr. Comas seconded by Mr. Edgecombe, with all in favor, the meeting was adjourned. Assistant Secretary / Secretary Ramon Bermudez Chairman 9

14 MINUTES Agenda Page #14

15 Agenda Page #15 MINUTES OF MEETING VILLASOL COMMUNITY DEVELOPMENT DISTRICT A special meeting of the Board of Supervisors of the VillaSol Community Development District was held Tuesday, August 14, 2018, at 6:00 p.m. at the VillaSol Clubhouse, 3050 Puerta Del Sol Boulevard, Kissimmee, FL Present and constituting a quorum were: Ramon Bermudez Servando Comas Faye Woolery Mark Gosdin Also present were: Bob Koncar Kristen Suit Scott Clark Chairman Vice Chairman Secretary Assistant Secretary District Manager Inframark - District Manager District Counsel (via phone) This represents the context and summary of the meeting. FIRST ORDER OF BUSINESS Roll Call Mr. Bermudez called the meeting to order and noted all Board members are present with the exception of Mr. Edgecombe. SECOND ORDER OF BUSINESS Discussion of Memorial Plaque Mr. Koncar provided the quote for a wood plaque with a brass plate at a cost of $ Mr. Bermudez inquired if there was a picture of the plaque. o Mr. Koncar noted he only had the description. o The plaque will be placed inside the clubhouse. o The plaque will be ready within two weeks. On MOTION by Mr. Comas seconded by Mr. Gosdin, with all in favor, the Alpha quote in amount $70.05 for the plaque was approved. THIRD ORDER OF BUSINESS Discussion of ADA Website Compliance Mr. Koncar addressed the prior discussion regarding ADA website compliance. They have received a quote from ADA Site Compliance.

16 VillaSol CDD August 14, 2018 Agenda Page #16 o The cost of the initial review is $199, provide information regarding what needs to be brought into compliance and a shield for the website. o Mr. Clark noted his recommendation would be for the Board to proceed with the initial review. Mr. Bermudez inquired if there is a timeframe between the review and the next steps to be taken. o Mr. Koncar noted it is part of the consultant will address as the next steps. Ms. Woolery inquired if there will be anything placed on the website will the review is being performed to let people know what is happening. o Mr. Koncar noted the shield will be placed on the website once the review is completed. On MOTION by Mr. Bermudez seconded by Mr. Comas, with all in favor, to engage consultant for initial ADA compliance review and provide compliance shield at a cost of $199 was approved. FOURTH ORDER OF BUSINESS Public Comment There being none, the next item followed. FIFTH ORDER OF BUSINESS Adjournment On MOTION by Mr. Bermudez seconded by Mr. Comas, with all in favor, the meeting was adjourned. Assistant Secretary / Secretary Ramon Bermudez Chairman 2

17 Fifth Order of Business Agenda Page #17

18 5A Agenda Page #18

19 Agenda Page #19 VILLASOL Community Development District Annual Operating and Debt Service Budget Fiscal Year 2019 Version 3 - Modified Tentative Budget Printed Prepared by:

20 VILLASOL Community Development District Agenda Page #20 Table of Contents Page # OPERATING BUDGET General Fund Summary of Revenues, Expenditures and Changes in Fund Balances Exhibit A - Allocation of Fund Balances. 3 Budget Narrative 4-10 DEBT SERVICE BUDGET Series 2018 Summary of Revenues, Expenditures and Changes in Fund Balances.. 11 Amortization Schedule.. 12 Budget Narrative 13 SUPPORTING BUDGET SCHEDULES Non-Ad Valorem Assessment Comparison.. 14

21 Agenda Page #21 VillaSol Community Development District Budget Overview Fiscal Year 2019

22 VILLASOL Community Development District Agenda Page #22 General Fund REVENUES ADOPTED ACTUAL PROJECTED TOTAL ANNUAL ACTUAL BUDGET THRU AUG- PROJECTED BUDGET ACCOUNT DESCRIPTION FY 2017 FY 2018 JULY-2018 SEP-2018 FY 2018 FY 2019 Interest - Investments $ 1,778 $ 3,300 $ 3,159 $ 632 $ 3,791 $ 3,300 Room Rentals 5,015 7,000 4,032 2,968 7,000 7,000 Interest - Tax Collector Special Assmnts- Tax Collector 424, , , , ,643 Special Assmnts- Other 11, Special Assmnts- Delinquent - - 4,789-4,789 - Special Assmnts- Discounts (12,808) (17,169) (11,529) - (11,529) (17,106) Other Miscellaneous Revenues 1,571-12,675-12,675 - Access Cards 7,872 6,000 3,865 2,635 6,500 6,000 TOTAL REVENUES 439, , ,176 6, , ,837 EXPENDITURES Administrative P/R-Board of Supervisors 5,200 4,800 7,000 1,200 8,200 4,800 FICA Taxes ProfServ-Arbitrage Rebate ProfServ-Dissemination Agent 1,000 1,000-1,000 1,000 1,000 ProfServ-Engineering 13,454 2,000 45,264 9,053 54,317 3,000 ProfServ-Legal Services 36,221 10,000 32,030 6,406 38,436 10,000 ProfServ-Mgmt Consulting Serv 38,500 38,500 32,083 6,417 38,500 39,655 ProfServ-Property Appraiser ProfServ-Special Assessment 5,150 5,150 5,150-5,150 5,150 ProfServ-Trustee Fees 4,336 3,000 2,892-2,892 3,000 Auditing Services 6,250 6,250 6,250-6,250 6,250 Communication - Telephone 2,371 3,600 2, ,502 3,600 Postage and Freight 1,112 1,000 1, ,854 1,000 Insurance - General Liability 23,239 25,563 23,183-23,183 25,501 Printing and Binding 3,125 2,000 4, ,039 3,000 Legal Advertising ,741-4,741 1,000 Miscellaneous Services 1, Misc-Assessmnt Collection Cost 6,143 8,585 8,533-8,533 8,553 Office Supplies 2, Annual District Filing Fee Field Total Administrative 152, , ,954 26, , ,136 ProfServ-Field Management 26,167 42,000 35,000 7,000 42,000 42,000 Misc-Property Taxes 1, Total Field 27,475 42,500 35,530 7,000 42,530 42,540 Landscape Services Contracts-Lake and Wetland 6,390 6,390 5,325 1,065 6,390 6,390 Utilities Summary of Revenues, Expenditures and Changes in Fund Balances Fiscal Year 2019 Modified Tentative Budget Total Landscape Services 6,390 6,390 5,325 1,065 6,390 6,390 Utility - General 44,156 46,500 34,982 6,996 41,978 46,500 Total Utilities 44,156 46,500 34,982 6,996 41,978 46,500 Annual Operating and Debt Service Budget Fiscal Year 2019

23 VILLASOL Community Development District Agenda Page #23 General Fund Summary of Revenues, Expenditures and Changes in Fund Balances Fiscal Year 2019 Modified Tentative Budget ADOPTED ACTUAL PROJECTED TOTAL ANNUAL ACTUAL BUDGET THRU AUG- PROJECTED BUDGET ACCOUNT DESCRIPTION FY 2017 FY 2018 JULY-2018 SEP-2018 FY 2018 FY 2019 Gatehouse Contracts-Security Services 72,847 77,725 67,543 8,993 76,536 88,045 R&M-Gatehouse 41,841 5,000 3, ,829 5,000 Misc-Access Control Software 210 2, ,626 2,107 2,000 Misc-Bar Codes 3,402 4,800 1, ,964 4,800 Capital Outlay ,900-22,900 - Total Gatehouse 118,300 89,525 95,752 11, ,337 99,845 Road and Street Facilities R&M-Roads & Alleyways 222 7,000 14,976 2,995 17,971 7,000 R&M-Signage 951 1, ,000 Total Road and Street Facilities 1,173 8,000 15,598 3,120 18,718 8,000 Parks and Recreation - General Contracts-Fountain 1,620 1,440 1, ,440 1,440 Contracts-Security Services 6,663 6,663 6,663-6,663 6,663 Contracts-Temporary Labor 22,510-1, ,237 - Contracts-Pools 6,870 7,020 6, ,020 7,020 Contracts-Sheriff 7,548 2,500 9,528 1,906 11,434 14,000 Utility - Refuse Removal 2,674 2,600 2, ,747 2,736 R&M-Clubhouse 8,056 8,000 12,264 2,453 14,717 8,000 R&M-Parks R&M-Pools 17,250 7,000 6, ,000 7,000 R&M-Recreation Center 4,278 5,000 2,231 2,769 5,000 5,000 R&M-Tennis Courts Misc-Access Control Software 3, Misc-Contingency 1, Total Parks and Recreation - General 83,038 42,273 49,719 10,588 60,307 53,859 Common Area Contracts-Landscape 71,260 77,400 53,770 10,754 64,524 64,524 R&M-Common Area 1,887 1,000 1, ,270 1,000 R&M-Other Landscape ,347-8, Total Common Area 73,147 78,900 64,009 11,132 75,141 66,024 TOTAL EXPENDITURES 505, , ,869 78, , ,294 Excess (deficiency) of revenues Over (under) expenditures (66,559) - (27,693) (71,796) (99,489) (14,457) OTHER FINANCING SOURCES (USES) Contribution to (Use of) Fund Balance (14,457) TOTAL OTHER SOURCES (USES) (14,457) Net change in fund balance (66,559) - (27,693) (71,796) (99,489) (14,457) FUND BALANCE, BEGINNING 329, , , , ,409 FUND BALANCE, ENDING $ 262,898 $ 262,898 $ 235,205 $ (71,796) $ 163,409 $ 148,952 Annual Operating and Debt Service Budget Fiscal Year 2019

24 VILLASOL Community Development District Agenda Page #24 Exhibit "A" Allocation of Fund Balances AVAILABLE FUNDS Amount Beginning Fund Balance - Fiscal Year 2019 $ 163,409 Net Change in Fund Balance - Fiscal Year 2019 (14,457) Reserves - Fiscal Year 2019 Additions - Total Funds Available (Estimated) - 9/30/ ,952 Assigned Fund Balance Operating Reserve - First Quarter Operating Capital 110,324 (1) Subtotal 110,324 Total Allocation of Available Funds 110,324 Total Unassigned (undesignated) Cash $ 38,629 Notes (1) Represents approximately 3 months of operating expenditures Annual Operating and Debt Service Budget Fiscal Year 2019

25 VillaSol Community Development District Agenda Page #25 General Fund Budget Narrative Fiscal Year 2019 REVENUES Interest - Investments The District earns interest on the monthly average collected balance for each of their operating accounts. Room Rentals The District receives revenue from the rental of the Clubhouse for events. Special Assessments Tax Collector The District will levy a Non-Ad Valorem assessment on all sold and platted parcels within the District in order to pay for the operating expenditures during the Fiscal Year. Special Assessments Discounts Per Section and Section of the Florida Statutes, discounts are allowed for early payment of assessments collected by the Tax Collector and only when the Tax Collector is using the uniform methodology. The budgeted amount for the fiscal year is calculated at 4% of the anticipated Non-Ad Valorem assessments. Access Cards Revenue collected for replacement access cards to the Clubhouse for replacement access bar codes/remotes/stickers to the gate. Expenditures - Administrative P/R-Board of Supervisors Chapter 190 of the Florida Statutes allows for members of the Board of Supervisors to be compensated $200 per meeting in which they attend. The budgeted amount for the fiscal year is based on all supervisors attending 6 meetings. FICA Taxes The budgeted amount for the fiscal year is calculated at 7.65% of the total Board of Supervisors payroll expenditures. Professional Service-Arbitrage Rebate The District has contracted with its independent auditors to annually calculate the arbitrage rebate liability on its bonds. Professional Service-Dissemination Agent The bond indenture requests a special annual report on the District s development activity. The District has contracted with Inframark to provide these reports. The amount is based upon the contract amount. Annual Operating and Debt Service Fiscal Year 2019

26 VillaSol Community Development District Agenda Page #26 General Fund Budget Narrative Fiscal Year 2019 Expenditures Administrative (continued) Professional Service-Engineering The District's engineer will provide general engineering services to the District, i.e. attendance and preparation for monthly board meetings, review of invoices, and other specifically requested assignments. Professional Service-Legal Service The District s Attorney, Scott D. Clark, will be providing general legal services to the District, i.e., attendance and preparation for monthly Board meetings, review of contracts, review of agreements and resolutions, and other research assigned as directed by the Board of Supervisors and the District Manager. Professional Service-Management Consulting Service The District receives Management, Accounting and Administrative services as part of a Management Agreement with Inframark. The budgeted amount for the fiscal year is based on the contracted fees outlined in Exhibit "A" of the Management Agreement with a moderate increase of 3% proposed. Professional Services - Property Appraiser The Osceola County Board of Commissioners provides the District with a listing of the legal description of each property parcel within the District boundaries, and the names and addresses of the owners of such property. The District reimburses the Board of Commissioners for necessary administrative costs incurred to provide this service. Per the Florida Statutes, administrative costs shall include, but not be limited to, those costs associated with personnel, forms, supplies, data processing, computer equipment, postage, and programming. The budget for Board of Commissioners costs was based on a unit price per parcel. Professional Service-Special Assessment Inframark provides assessment services for closing lot sales, assessment roll services with Osceola Tax Collector and financial advisory services. Professional Services - Trustee The District issued the Series of 2018 Special Assessment Refunding Bonds that are deposited with a Trustee to handle all trustee matters. Auditing Service The District is required to conduct an annual audit of its financial records by an Independent Certified Public Accounting Firm. The budgeted amount for the fiscal year is based on contracted fees from the previous year engagement. Communication - Telephone Brighthouse provides internet and WIFI service for the Office. Annual Operating and Debt Service Fiscal Year 2019

27 VillaSol Community Development District Agenda Page #27 General Fund Budget Narrative Fiscal Year 2019 Expenditures Administrative (continued) Postage and Freight Actual postage and/or freight used for District mailings including agenda packages, vendor checks and other correspondence. Insurance-General Liability The District's General Liability & Public Officials Liability Insurance policy is with Public Risk Insurance Agency, Inc which specializes in providing insurance coverage to governmental agencies. A 10% increase is projected. Printing and Binding Copies used in the preparation of agenda packages, required mailings, and other special projects. Legal Advertising The District is required to advertise various notices for monthly Board meetings and other public hearings in a newspaper of general circulation. Miscellaneous Services This includes monthly bank charges and any other miscellaneous expenses that incur during the year. Miscellaneous Assessment Collection Costs The District reimburses the Osceola Tax Collector for her or his necessary administrative costs. Per the Florida Statutes, administrative costs shall include, but not be limited to, those costs associated with personnel, forms, supplies, data processing, computer equipment, postage, and programming. The District also compensates the Tax Collector for the actual cost of collection or 2% on the amount of special assessments collected and remitted, whichever is greater. The budget for collection costs was based on a maximum of 2% of the anticipated assessment collections. Office Supplies Supplies used in the preparation and binding of agenda packages, required mailings, and other special projects. Annual District Filing Fee The District is required to pay an annual fee to the Department of Community Affairs for $175. Expenditures Field Professional Service-Field Management $42,000 The District will contract management services for the operation of the Property and its contractors. Misc-Property Taxes $ 540 Property taxes for parcels owned by the District. Annual Operating and Debt Service Fiscal Year 2019

28 VillaSol Community Development District Agenda Page #28 General Fund Budget Narrative Fiscal Year 2019 Expenditures Landscape Contracts-Lakes and Wetland $6,390 The District has contracted with American EcoSystems to provide inspections of and treat CDD lakes and ponds. Herbiciding will consist of chemical treatments. Algae control will include hand removal and chemical treatments. Pond Tract 5A $ 240 Pond Tract A 270 Overlook 8 Boat Ramp 7 Boat Dock 8 Total month $ 532 Expenditures Utility Utility-General $46,500 Electricity accounts with Kissimmee Utility Authority for lighting of the front entry features, fountains and irrigation clocks, including lift stations and pumps. This also includes utilities for the gatehouse facility. Accounts with TOHO Water Authority which supplies water to the clubhouse, guardhouse, fountain and irrigation. Expenditures Gatehouse Contracts - Security Services $88,045 The District has a new contract with Envera to monitor gate activity of entrance and exit lanes, swing gates and barrier arms. Monitoring & Database Services Envera Kiosk System $ Hour Monitoring of Virtual Gate Guard System at Front Entrance 5,379 Managed Access Control 150 Monthly Repair & Maintenance Services 861 Total monthly service $6,890 Additional monthly ISP Pass Thru $ 447 Annual Operating and Debt Service Fiscal Year 2019

29 VillaSol Community Development District Agenda Page #29 General Fund Budget Narrative Fiscal Year 2019 Expenditures Gatehouse (continued) R&M-Gatehouse $5,000 This category is for any items related to maintenance of the gatehouse that are not covered in other budget line items. Misc.-Access Control Software $ 2,000 This fee includes maintenance and monitoring services provided by Smart City. Misc.-Bar Codes $ 4,800 New gate security system requires car stickers. Expenditures Road and Street Facilities R&M-Roads & Alleyways $ 7,000 This category is for any item related to maintenance of the roadway systems. R&M-Signage $ 1,000 Scheduled maintenance of the signage consists of cleaning and general maintenance. Unscheduled maintenance consists of minor repair and replacement, touch-up painting. Expenditures Parks and Recreation - General Contracts-Fountain $ 1,440 The District has currently a contract with Churchills Group Holdings, Inc.to maintain and repair the fountain. Contracts-Security Services $ 6,663 The District has a new contract with Envera to monitor and service maintenance the pool and surrounding deck as well as cabana area under roof. Monitoring / Database $ 275 Service and Maintenance 156 Total monthly $ 431 Additional monthly ISP Pass Thru $ 124 Annual Operating and Debt Service Fiscal Year 2019

30 VillaSol Community Development District Agenda Page #30 General Fund Budget Narrative Fiscal Year 2019 Expenditures Parks and Recreation General (continued) Contracts-Pools $ 7,020 The District has currently a contract with Churchills Group Holdings, Inc. to maintain and repair the pool. Contracts-Sheriff $14,000 The District pays Osceola County Sheriff for patrolling District roads. Utility Refuse Removal $ 2,736 The District is currently using Waste Management service to remove garbage. R&M-Clubhouse $ 8,000 This line item is for any maintenance and repairs of the District s clubhouse. This includes phone services and pest control. R&M-Parks $ 500 Maintenance of park areas, benches, eating areas, picnic table and landscaping. R&M-Pools $ 7,000 This category is for any items related to pool maintenance, repair and chemicals. R&M-Recreation Center $ 5,000 This category is for any items related to maintenance of the park and recreation area that are not covered in other budget line items. i.e., pool pumps and equipment, fitness equipment, cleaning. R&M-Tennis Courts $ 500 Maintenance includes repair of damaged court surface nets, cleaning and fencing. Misc-Access Control Software $ 500 This fee includes maintenance and monitoring. Misc-Contingency $ 500 This includes any other miscellaneous expenses that incur during the year. Annual Operating and Debt Service Fiscal Year 2019

31 VillaSol Community Development District Agenda Page #31 General Fund Budget Narrative Fiscal Year 2019 Expenditures Common Area Contracts-Landscape $64,524 The District currently has a contract with Brightview Landscape Service that renews May 31, Irrigation - Scheduled maintenance consists of regular inspections, adjustments to controller and irrigation heads. Unscheduled maintenance consists of major repairs and replacement of system components. - Tree - Scheduled maintenance consists of pruning, trimming, fertilizing, mulching, and applying pest and disease control chemicals for trees in common areas. - Mowing and Turf Treatment - Scheduled maintenance consists of mowing, edging, blowing, fertilization, weed/disease/pest control. - Hedges, Shrubs, Ground Cover, Annuals - Schedule maintenance consists of quarterly annual installation, pruning, trimming, mulching, and applying fertilizer and pest and disease control chemicals. R&M-Common Area $ 1,000 This category is for any items related to maintenance of common areas that are not covered in the budget line items. R&M-Landscape $ 500 This category is for any items related to maintenance of landscape that are not covered in all other budget line items. Annual Operating and Debt Service Fiscal Year 2019

32 Agenda Page #32 VillaSol Community Development District Debt Service Budgets Fiscal Year 2019

33 VILLASOL Community Development District Agenda Page #33 Series 2018 Debt Service Fund Summary of Revenues, Expenditures and Changes in Fund Balances Fiscal Year 2019 Modified Tentative Budget ADOPTED ACTUAL PROJECTED TOTAL ANNUAL ACTUAL BUDGET THRU AUG- PROJECTED BUDGET ACCOUNT DESCRIPTION FY 2017 FY 2018 JULY-2018 SEP-2018 FY 2018 FY 2019 REVENUES Interest - Investments $ - $ - $ $ 124 $ - Special Assmnts- Tax Collector ,348-53, ,580 Special Assmnts- Delinquent - - 3,000-3,000 - Special Assmnts- Discounts (8,863) Other Miscellaneous Revenues ,636 8,727 52,363 - TOTAL REVENUES ,942 8, , ,717 EXPENDITURES Administrative Misc-Assessmnt Collection Cost - - 1,137-1,137 4,432 Total Administrative - - 1,137-1,137 4,432 Debt Service Principal Debt Retirement A-1 & A ,000 Interest Expense Series A-1 & A ,466-19,466 77,864 Total Debt Service ,466-19, ,864 TOTAL EXPENDITURES ,466-20, ,296 Excess (deficiency) of revenues Over (under) expenditures ,476 8,748 89,087 5,421 OTHER FINANCING SOURCES (USES) Interfund Transfer-In ,398-58,398 - Proceeds of Refunding Bonds ,080-62,080 - TOTAL OTHER SOURCES (USES) , ,478 5,421 Net change in fund balance ,954 8, ,565 5,421 FUND BALANCE, BEGINNING ,565 FUND BALANCE, ENDING $ - $ - $ 201,954 $ 8,748 $ 209,565 $ 214,986 Annual Operating and Debt Service Budget Fiscal Year 2019

34 VILLASOL Community Development District Agenda Page #34 Series 2018 Debt Service Fund AMORTIZATION SCHEDULE SPECIAL ASSESSMENT BONDS Period Principal Interest Debt Service Annual Debt Service 11/1/ , , /1/ ,000 38, , , /1/ , , /1/ ,000 37, , , /1/ , , /1/ ,000 36, , , /1/ , , /1/ ,000 34, , , /1/ , , /1/ ,000 32, , , /1/ , , /1/ ,000 30, , , /1/ , , /1/ ,000 29, , , /1/ , , /1/ ,000 27, , , /1/ , , /1/ ,000 24, , , /1/ , , /1/ ,000 22, , , /1/ , , /1/ ,000 19, , , /1/ , , /1/ ,000 16, , , /1/ , , /01/203/ 180,000 13, , , /01/203/ 10, , /1/ ,000 10, , , /1/2032 7, , /1/ ,000 7, , , /1/2033 3, , /1/ ,000 3, , , ,515, ,470 3,287,470 3,287,470 Annual Operating and Debt Service Budget Fiscal Year 2019

35 VillaSol Community Development District Agenda Page #35 Series 2018 Debt Service Fund Budget Narrative Fiscal Year 2019 REVENUES Interest - Investments The District earns interest on the monthly average collected balance for each of its trust accounts. Special Assessments Tax Collector The District will levy a Non-Ad Valorem assessment on all sold and platted parcels within the District in order to pay for the debt service expenditures during the Fiscal Year. Special Assessments Discounts Per Section and Section of the Florida Statutes, discounts are allowed for early payment of assessments collected by the Tax Collector and only when the Tax Collector is using the uniform methodology. The budgeted amount for the fiscal year is calculated at 4% of the anticipated Non-Ad Valorem assessments. Expenditures - Administrative Miscellaneous Assessment Collection Costs The District reimburses the Osceola Tax Collector for necessary administrative costs. Per the Florida Statutes, administrative costs shall include, but not be limited to, those costs associated with personnel, forms, supplies, data processing, computer equipment, postage, and programming. The District also compensates the Tax Collector for the actual cost of collection or 2% on the amount of special assessments collected and remitted, whichever is greater. The budget for collection costs was based on a maximum of 2% of the anticipated assessment collections. Expenditures Debt Service Debt Retirement Series A The District pays regular principal payments annually in order to pay down/retire the debt. Interest Expense Series A The District pays interest expense on the debt twice during the year. Annual Operating and Debt Service Fiscal Year 2019

36 Agenda Page #36 VillaSol Community Development District Supporting Budget Schedules Fiscal Year 2019

37 VILLASOL Community Development District Agenda Page #37 All Funds Non-Ad Valorem Assessments Comparison O&M Bond Prepaid Annual Annual Total Maintenance 2018 Debt Assessed Assessment Assessment Per Unit Neighborhood Units Units Units FY 2019 FY 2018 Variance FY 2019 FY 2018 Variance FY 2019 FY 2018 Variance Townhomes $ $ % $ $ % $1,038 $1,094-5% Single Family $ $ % $ $ % $1,529 $1,558-2% Single Family- New Debt $ $ % $ $0.00 N/A $1,056 $958 10% Total Change in O&M rates is due to increase of 4 SF units Annual Operating and Debt Service Budget Fiscal Year 2019

38 5B. Agenda Page #38

39 Agenda Page #39 RESOLUTION A RESOLUTION OF THE VILLASOL COMMUNITY DEVELOPMENT DISTRICT RELATING TO THE ANNUAL APPROPRIATIONS OF THE DISTRICT AND ADOPTING THE BUDGET FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2018 AND ENDING SEPTEMBER 30, 2019, AND REFERENCING THE MAINTENANCE AND BENEFIT SPECIAL ASSESSMENTS TO BE LEVIED BY THE DISTRICT FOR SAID FISCAL YEAR WHEREAS, the District Manager has, prior to the fifteenth (15th) day in June, 2018, submitted to the Board of Supervisors (the "Board") a proposed budget for the next ensuing budget year along with an explanatory and complete financial plan for each fund of the District, pursuant to the provisions of Section (2)(a), Florida Statutes; and WHEREAS, at least sixty (60) days prior to the adoption of the proposed annual budget and any proposed long-term financial plan or program of the District for future operations (the "Proposed Budget) the District did file a copy of the Proposed Budget with the general purpose local governing authorities having jurisdiction over the area included in the District pursuant to the provisions of Section (2)(b), Florida Statutes; and WHEREAS, on June 4, 2018, the Board set September 4, 2018, as the date for a public hearing thereon and caused notice of such public hearing to be given by publication pursuant to Section (2)(a) Florida Statutes; and WHEREAS, Section (2)(a), Florida Statutes requires that, prior to October 1 of each year, the District Board by passage of the Annual Appropriation Resolution shall adopt a budget for the ensuing fiscal year and appropriate such sums of money as the Board deems necessary to defray all expenditures of the District during the ensuing fiscal year; and WHEREAS, the District Manager has prepared a Proposed Budget on a Cash Flow Budget basis, whereby the budget shall project the cash receipts and disbursements anticipated during a given time period, including reserves for contingencies for emergency or other unanticipated expenditures during the fiscal year; and WHEREAS, Section , Florida Statutes provides that the Annual Appropriation Resolution shall also fix the Maintenance Special Assessments and Benefit Special Assessments upon each piece of property within the boundaries of the District benefited, specifically and peculiarly, by the maintenance and/or capital improvement programs of the District, such levy representing the amount of District assessments necessary to provide for payment during the ensuing budget year of all properly authorized expenditures to be incurred by the District, including principal and interest of special revenue, capital improvement and/or benefit assessment bonds, in order for the District to exercise its various general and special powers to implement its single and specialized infrastructure provision purpose; and WHEREAS, the Board of Supervisors of the VillaSol Community Development District finds and determines that the non-ad valorem special assessments it imposes and levies by this Resolution for maintenance on the parcels of property involved will constitute a mechanism by which the property owners lawfully and validly will reimburse the District for those certain special and peculiar benefits the

40 Agenda Page #40 District has determined are received by, and flow to, the parcels of property from the systems, facilities and services being provided, and that the special and peculiar benefits are apportioned in a manner that is fair and reasonable in accordance with applicable assessment methodology and related case law; and WHEREAS, the Chair of the Board of Supervisors may designate the District Manager or other person to certify the non-ad valorem assessment roll to the Tax Collector in and for Osceola County political subdivision on compatible electronic medium tied to the property identification number no later than 31 August 2018 so that the Tax Collector may merge that roll with others into the collection roll from which the November tax notice is to be printed and mailed; and WHEREAS, the proceeds from the collections of these imposed and levied non-ad valorem assessments shall be paid to the VillaSol Community Development District; and WHEREAS, the Tax Collector, under the direct supervision of the Florida Department of Revenue performs the state work in preparing, mailing out, collecting and enforcing against delinquency the non-ad valorem assessments of the District using the Uniform Collection Methodology for non-ad valorem assessments; and WHEREAS, if the Property Appraiser and the Tax Collector have adopted a different technological procedure for certifying and merging the rolls, then that procedure must be worked out and negotiated with Board approval through the auspices of the District Manager before there are any deviations from the provisions of Section , Fla. Stat., and Rule 12D-18, Florida Administrative Code. NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE VILLASOL COMMUNITY DEVELOPMENT DISTRICT; Section 1. dispositive. The provisions of the whereas clauses are true and correct and are incorporated herein as Section 2. Budget a. That the Board of Supervisors has reviewed the District Manager's Proposed Budget, a copy of which is on file with the office of the District Treasurer and the office of the Recording Secretary, and is hereby attached to this resolution, and hereby approves certain amendments thereto, as shown in Section 2 below. b. That the District Manager's Proposed Budget, as amended by the Board, is adopted hereby in accordance with the provisions of Section (2)(a), Florida Statutes and incorporated herein by reference; provided, however, that the comparative figures contained in the adopted budget may be revised subsequently as deemed necessary by the District Manager to reflect actual revenues and expenditures for the Fiscal Year 2018 and/or revised projections for Fiscal Year 2019 c. That the adopted budget, as amended, shall be maintained in the office of the District Treasurer and the District Recording Secretary and identified as "The Budget for the VillaSol Community Development District for the Fiscal Year Ending September 30, 2019, as Adopted by the Board of Supervisors on September 4, 2018

41 Agenda Page #41 Section 3. Appropriations That there be, and hereby is appropriated out of the revenues of the VillaSol Community Development District, for the Fiscal Year beginning October 1, 2018 and ending September 30, 2019 the sum of Dollars ($ ) to be raised by the applicable imposition and levy by the Board of applicable non-ad valorem special assessments and otherwise, which sum is deemed by the Board of Supervisors to be necessary to defray all expenditures of the District during said budget year, to be divided and appropriated in the following fashion: TOTAL GENERAL FUND $ DEBT SERVICE FUND $ Total All Funds $ Section 4. Supplemental Appropriations The Board may authorize by resolution supplemental appropriations or revenue changes for any lawful purpose from funds on hand or estimated to be received within the fiscal year as follows: a. Board may authorize a transfer of the unexpended balance or portion thereof of any appropriation item. b. Board may authorize an appropriation from the unappropriated balance of any fund. c. Board may increase any revenue or income budget account to reflect receipt of any additional unbudgeted monies and make the corresponding change to appropriations or the unappropriated balance. The District Manager and Treasurer shall have the power within a given fund to authorize the transfer of any unexpended balance of any appropriation item or any portion thereof, provided such transfers do not exceed Ten Thousand ($10,000) Dollars or have the effect of causing more than 10% of the total appropriation of a given program or project to be transferred previously approved transfers included. Such transfer shall not have the effect of causing a more than $10,000 or 10% increase, previously approved transfers included, to the original budget appropriation for the receiving program. Transfers within a program or project may be approved by the applicable department director and the District Manager or Treasurer. The District Manager or Treasurer must establish administrative procedures, which require information on the request forms proving that such transfer requests comply with this section. Section 5. Maintenance Special Assessment Levy: Fixed and Referenced and to be Levied by the Board a. That the Fiscal Year 2019 Maintenance Special Assessment Levy (the "assessment levy") for the assessment upon all the property within the boundaries of the District based upon the special and peculiar benefit received and further based upon reasonable and fair apportionment of the special benefit, shall be in accordance with the attached Exhibit A, which levy represents the amount of

42 Agenda Page #42 District assessments necessary to provide for payment during the aforementioned budget year of all properly authorized expenditures to be incurred by the District, including principal and interest of special revenue, capital improvement and/or benefit assessment bonds. Said assessment levy shall be distributed as follows: General Fund O & M $ [See Assessment Levy Resolution ] Debt Service Fund $ [See Assessment Levy Resolution ] b. The designee of the Chair of the Board of Supervisors of the VillaSol Community Development District shall be the Manager or the Treasurer of the District designated to certify the non-ad valorem assessment roll to the Tax Collector in and for the Osceola County political subdivision, in accordance with applicable provisions of State law (Chapters 170, 190 and 197, Fla. Stat.) and applicable rules (Rule 12D-18, Florida Administrative Code) which shall include not only the maintenance special assessment levy but also the total for the debt service levy, as required by and pursuant to law. Introduced, considered favorably, and adopted this 4 th day of September, VillaSol Community Development District Ramon Bermudez Chairman Attest: Faye Woolery Secretary

43 5C Agenda Page #43

44 Agenda Page #44 RESOLUTION A RESOLUTION LEVYING AND IMPOSING A NON-AD VALOREM MAINTENANCE SPECIAL ASSESSMENT FOR THE VILLASOL COMMUNITY DEVELOPMENT DISTRICT FOR FISCAL YEAR 2018/2019 Preamble WHEREAS, certain improvements existing within the VillaSol Community Development District and certain costs of operation, repairs and maintenance are being incurred; and WHEREAS, the Board of Supervisors of the VillaSol Community Development District find that the District's total General Fund operation assessments, taking into consideration other revenue sources during Fiscal Year 2018/2019, will amount to $ ; and WHEREAS, the Board of Supervisors of the VillaSol Community Development District finds the District s Debt Service Fund Assessment during Fiscal Year 2018/2019 will amount to $ ; and WHEREAS, the Board of Supervisors of the VillaSol Community Development District finds that the Debt Service Fund relates to systems and facilities which provide special benefits peculiar to certain property within the District based on the applicable assessment methodology; and WHEREAS, the Board of Supervisors of the VillaSol Community Development District finds that the non-ad valorem special assessments it levies and imposes by this resolution for maintenance on the parcels of property involved will reimburse the District for certain special and peculiar benefits received by the property flowing from the maintenance of the systems, facilities and services apportioned in a manner that is fair and reasonable, in accordance with the applicable assessment methodology; and WHEREAS, the District Board understands that this resolution levies only the maintenance assessments for 2018/2019, the Chair of the District, or the designee of the District Manager, shall certify a total non-ad valorem assessment roll in a timely manner to the Tax Collector in and for Osceola County for collection to include all assessments levied and approved by the District on the property including those for debt service as well as for special maintenance assessments. NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE VILLASOL COMMUNITY DEVELOPMENT DISTRICT OF OSCEOLA COUNTY, FLORIDA; Section 1. All the whereas clauses are incorporated herein and are dispositive.

45 Agenda Page #45 Section 2. A special assessment for maintenance as provided for in Chapters (3), Florida Statutes, (hereinafter referred to as assessment) is hereby levied on the property within the District. Section 3. That the collection and enforcement of the aforesaid assessments on platted lots shall be by the Tax Collector serving as agent of the State of Florida in Osceola County (Tax Collector) and shall be at the same time and in like manner as ad valorem taxes and subject to all ad valorem tax collection and enforcement procedures which attend the use of the official annual tax notice. As to unplatted properties, the collection and enforcement of the aforesaid assessments will be by direct billing to the affected landowner, on a quarterly basis; however, in the event of nonpayment of an installment for any quarter, the entire balance of such direct-billed assessments shall become due and payable immediately. Section 4. The levy and imposition of the maintenance special assessments on platted lots included in the District will be combined with the debt service non-ad valorem assessments which were levied and certified as a total amount on the non-ad valorem assessment roll to the Osceola County Tax Collector by the designee of the Chair of the Board on compatible medium no later than 31 August 2018, which shall then be collected by the Tax Collector on the tax notice along with other non-ad valorem assessments from other local governments and with all applicable property taxes to each platted parcel of property. District. Section 5. The proceeds therefrom shall be paid to the VillaSol Community Development Section 6. The Chair of the Board of the VillaSol Community Development District designates the District Manager to perform the certification duties. Section 7. Be it further resolved, that a copy of this Resolution be transmitted to the proper public officials so that its purpose and effect may be carried out in accordance with law. PASSED AND ADOPTED this 4 th day of September 2018, by the Board of Supervisors of the VillaSol Community Development District, Osceola County, Florida. Faye Woolery Secretary Ramon Bermudez Chairman

46 Seventh Order of Business Agenda Page #46

47 7A Agenda Page #47

48 Agenda Page #48 Date: July 31, 2018 To: Rey Malave, P.E. Dewberry From: Hannah Hart, Sr. Environmental Scientist, Dewberry Subject: Villa Sol Community Development District (CDD) Annual Inspection Results (July 2018); SFWMD Permit No P MEMORANDUM Introduction This report provides the findings of a stormwater inspection for proper operation and maintenance of the Villa Sol CDD conducted on July 31, 2018 in Osceola County. The inspection and this report refer to South Florida Water Management District (SFWMD) Permit No P, which are due for recertification. The following report summarizes the findings of the inspection and includes recommendations for action items. The report also contains a photo log (Attachment 2) depicting aspects of the stormwater management system that were inspected and require attention. Note: The canal is experiencing severe erosion, overgrowth of vegetation, and trash. It requires maintenance. Report Recommendations Villa Sol: SFWMD Permit Numbers P The recommended corrective measures are listed below and displayed on the attached Stormwater Inspection Map (Attachment 1). These measures should be scheduled and performed as soon as possible to ensure the system is functioning as permitted: Name Type Condition Additional Canal Canal Needs attention Overgrowth of vegetation, trash, erosion Canal-ME Mitered End Needs attention Cracking Pond 50N Pond Needs attention Overgrowth of vegetation, trash, minor bank erosion ME-A: Pond 50N Mitered End Needs attention Erosion ME-B: Pond 50N Mitered End Needs attention Erosion, cracking, overgrowth of vegetation ME-C: Pond 50N Mitered End Needs attention Erosion, cracking Pond 80S Pond Needs attention Trash, overgrowth of vegetation Bubble Up Structures Bubble Up Storm Drains (A through T) Needs attention Overgrowth of vegetation (on conservation lands abutting berm), erosion of supporting concrete structure Attachments Figure 1. Stormwater Inspection Map and Legend Figure 2. Villa Sol CDD Photo Log

49 Agenda Page #49 Boggy Creek Rd E Osceola Pkwy ME-A! Canal-other! ME-B! Canal-ME! ME-C! 50N! 80S!!! B A C! K! M!! L N! O! P! Q! J! I! D H!! E G! F!! Legend Project Boundary CDD Inspection Points! Mitered End! Other! Pond! Bubble Up Storm Drains Figure 1 R! S! T! Villa Sol Community Osceola County, Florida CDD Inspection Map Source: Esri, DigitalGlobe, GeoEye, Earthstar Geographics, CNES/Airbus DS, USDA, Feet Document Path: G:\MXD\County\Osceola\VillaSol\Villa Sol CDD Inspeciton July 2018.mxd Data Source: Osceola County GIS BSA, Bing Maps 2010

50 Agenda Page #50 Villa Sol CDD: SFWMD Permit Numbers: P Stormwater Inspection Data Name Type Condition Additional Canal Canal Needs attention Overgrowth of vegetation, trash, erosion Canal-ME ME Needs attention Cracking Pond 50N Pond Needs attention Overgrowth of vegetation, trash, minor bank erosion

51 Agenda Page #51 Name Type Condition Additional ME-A: Pond 50N Mitered End Needs attention Erosion ME-B: Pond 50N Mitered End Needs attention Erosion, cracking, overgrowth of vegetation ME-C: Pond 50N Mitered End Needs attention Erosion, cracking

52 Agenda Page #52 Name Type Condition Additional Pond 80S Pond Needs attention Trash, overgrowth of vegetation Bubble Up Storm Drains (A through T): Pond 80S Bubble Up Structures Needs attention Overgrowth of vegetation (on conservation lands abutting berm), erosion of supporting conrete structure

53 7B Agenda Page #53

54 AWAITING REPORT Agenda Page #54

55 Eighth Order of Business Agenda Page #55

56 8A. Agenda Page #56

57 Agenda Page #57 MEMORANDUM TO: FROM: CC: DATE: SUBJECT: Board of Supervisors, VillaSol Fernand Thomas, District Accountant Bob Koncar, District Manager / Alan Baldwin, Accounting Manager August 22, 2018 July Financial Report Please find attached the July 2018 financial report. During your review, please keep in mind that the goal is for revenue to meet or exceed the annual budget and for expenditures to be at or below the year-to-date budget. Expenditures as of July are higher mostly due to the litigation with the County and the gate access arm damages. To assist with your review, an overview of each of the District s funds was provided below. Should you have any questions or require additional information, please contact me at fernand.thomas@inframark.com. General Fund Total Revenues through July were at a favorable 105% of the year-to-date budget due to moving Direct Billed assessment to the Tax Collector, this includes; Non Ad Valorem Assessments annual collections are approximately at 100% compared to 100% of last year at the same time. Total Expenditures through July are at % of the year-to-date budget, mostly due to legal, pool pump replacement and damage to the gate entry access. Below are some notes for the fiscal year: Administration Field Gatehouse Road and Street Facilities Legal Services are over budget due to issues with TC 12 LLC complaint. Communication-Telephone- New phone service with internet and cable. Misc-Property Taxes - Non Ad Valorem for vacant land Contracts-Security Services include ISP and additional resident services which was not budgeted. R&M-Gatehouse - The gate arm has been damaged multiple times throughout the year. R&M-Signage represents new signs.

58 Agenda Page #58 CONTINUED SUBJECT: July Financial Report PAGE 2 MEMORANDUM Parks and Recreation - General Contracts-Security Services include ISP and additional resident services which was not budgeted. Contracts-Temporary Labor - Temp Labor has been used more than anticipated. Contracts-Sheriff services were more than anticipated. Utility - Refuse Removal - Waste Management increased their fees. R&M-Clubhouse includes replacement of a condenser motor for air conditioning. R&M-Pool includes a replacement of pool pump. Misc.-Access Control Software - includes purchase of an CX-1085 Pneumatic Time Delay Switches. Debt Service Series 2003 Total Revenue through July were 100% of the year-to-date budget. Non Ad Valorem Assessments annual collections are approximately at 100% compared to 100% of last year at the same time.

59 Agenda Page #59 VillaSol Community Development District Financial Report July 31, 2018 Prepared by

60 VILLASOL Community Development District Agenda Page #60 Table of Contents FINANCIAL STATEMENTS Page # Balance Sheet - All Funds 1 Statement of Revenues, Expenditures and Changes in Fund Balance General Fund 2-4 Debt Service Fund 5 Capital Project Fund(s). 6 SUPPORTING SCHEDULES Non-Ad Valorem Special Assessments - Schedule 7 Cash and Investment Report 8 Bank Reconciliation 9

61 Agenda Page #61 VillaSol Community Development District Financial Statements (Unaudited) July 31, 2018

62 VILLASOL Community Development District Agenda Page #62 Governmental Funds Balance Sheet July 31, 2018 ACCOUNT DESCRIPTION GENERAL FUND SERIES 2018 A1 & A2 DEBT SERVICE FUND SERIES 2018 CAPITAL PROJECTS FUND TOTAL ASSETS Cash - Checking Account $ 188,200 $ - $ - $ 188,200 Due From Other Funds - 56,066-56,066 Investments: Money Market Account 136, ,624 Cost of Issuance Fund ,262 20,262 Interest Fund (A-1) - 30,081-30,081 Interest Fund (A-2) - 8,894-8,894 Project Fund , ,821 Reserve Fund (A-2) - 17,941-17,941 Reserve Fund A - 87,779-87,779 Revenue Fund Deposits 4, ,075 TOTAL ASSETS $ 328,899 $ 200,817 $ 421,083 $ 950,799 LIABILITIES Accounts Payable $ 37,598 $ - $ - $ 37,598 Sales Tax Payable Due To Other Funds 56, ,066 TOTAL LIABILITIES 93, ,694 FUND BALANCES Nonspendable: Deposits 4, ,075 Restricted for: Debt Service - 200, ,817 Capital Projects , ,083 Assigned to: Operating Reserves 107, ,090 Unassigned: 124, ,040 TOTAL FUND BALANCES $ 235,205 $ 200,817 $ 421,083 $ 857,105 TOTAL LIABILITIES & FUND BALANCES $ 328,899 $ 200,817 $ 421,083 $ 950,799

63 VILLASOL Community Development District Agenda Page #63 General Fund Statement of Revenues, Expenditures and Changes in Fund Balances For the Period Ending July 31, 2018 ANNUAL ADOPTED YEAR TO DATE YEAR TO DATE VARIANCE ($) ACCOUNT DESCRIPTION BUDGET BUDGET ACTUAL FAV(UNFAV) REVENUES Interest - Investments $ 3,300 $ 2,750 $ 3,159 $ 409 Room Rentals 7,000 5,834 4,032 (1,802) Interest - Tax Collector Special Assmnts- Tax Collector 429, , ,059 3,830 Special Assmnts- Delinquent - - 4,789 4,789 Special Assmnts- Discounts (17,169) (17,169) (11,529) 5,640 Other Miscellaneous Revenues ,675 12,675 Access Cards 6,000 5,000 3,865 (1,135) TOTAL REVENUES 428, , ,176 24,532 EXPENDITURES Administration P/R-Board of Supervisors 4,800 4,000 7,000 (3,000) FICA Taxes (231) ProfServ-Arbitrage Rebate ProfServ-Dissemination Agent 1,000 1,000-1,000 ProfServ-Engineering 2,000 1,667 45,264 (43,597) ProfServ-Legal Services 10,000 8,333 32,030 (23,697) ProfServ-Mgmt Consulting Serv 38,500 32,083 32,083 - ProfServ-Property Appraiser ProfServ-Special Assessment 5,150 5,150 5,150 - ProfServ-Trustee Fees 3,000 3,000 2, Auditing Services 6,250 6,250 6,250 - Communication - Telephone 3,600 3,000 2, Postage and Freight 1, ,545 (712) Insurance - General Liability 25,563 25,563 23,183 2,380 Printing and Binding 2,000 1,667 4,199 (2,532) Legal Advertising ,741 (4,541) Miscellaneous Services (144) Misc-Assessmnt Collection Cost 8,585 8,585 8, Office Supplies (21) Annual District Filing Fee Total Administration 114, , ,954 (73,234)

64 VILLASOL Community Development District Agenda Page #64 General Fund Statement of Revenues, Expenditures and Changes in Fund Balances For the Period Ending July 31, 2018 ANNUAL ADOPTED YEAR TO DATE YEAR TO DATE VARIANCE ($) ACCOUNT DESCRIPTION BUDGET BUDGET ACTUAL FAV(UNFAV) Field ProfServ-Field Management 42,000 35,000 35,000 - Misc-Property Taxes (30) Total Field 42,500 35,500 35,530 (30) Landscape Services Contracts-Lake and Wetland 6,390 5,325 5,325 - Total Landscape Services 6,390 5,325 5,325 - Utilities Utility - General 46,500 38,750 34,982 3,768 Total Utilities 46,500 38,750 34,982 3,768 Gatehouse Contracts-Security Services 77,725 64,770 67,543 (2,773) R&M-Gatehouse 5,000 4,167 3, Misc-Access Control Software 2,000 1, ,186 Misc-Bar Codes 4,800 2,400 1, Capital Outlay ,900 (22,900) Total Gatehouse 89,525 73,004 95,752 (22,748) Road and Street Facilities R&M-Roads & Alleyways 7,000 5,834 14,976 (9,142) R&M-Signage 1, Total Road and Street Facilities 8,000 6,667 15,598 (8,931) Parks and Recreation - General Contracts-Fountain 1,440 1,200 1,200 - Contracts-Security Services 6,663 5,552 6,663 (1,111) Contracts-Temporary Labor - - 1,864 (1,864) Contracts-Pools 7,020 5,850 6,268 (418) Contracts-Sheriff 2,500 2,000 9,528 (7,528) Utility - Refuse Removal 2,600 2,166 2,291 (125) R&M-Clubhouse 8,000 6,667 12,264 (5,597) R&M-Parks R&M-Pools 7,000 5,833 6,901 (1,068) R&M-Recreation Center 5,000 4,166 2,231 1,935 R&M-Tennis Courts Misc-Access Control Software Misc-Contingency Total Parks and Recreation - General 42,273 35,268 49,719 (14,451)

65 VILLASOL Community Development District Agenda Page #65 General Fund Statement of Revenues, Expenditures and Changes in Fund Balances For the Period Ending July 31, 2018 ANNUAL ADOPTED YEAR TO DATE YEAR TO DATE VARIANCE ($) ACCOUNT DESCRIPTION BUDGET BUDGET ACTUAL FAV(UNFAV) Common Area Contracts-Landscape 77,400 64,500 53,770 10,730 R&M-Common Area 1, ,892 (1,058) R&M-Other Landscape ,347 (7,931) Total Common Area 78,900 65,750 64,009 1,741 TOTAL EXPENDITURES 428, , ,869 (113,885) Excess (deficiency) of revenues Over (under) expenditures - 61,660 (27,693) (89,353) Net change in fund balance $ - $ 61,660 $ (27,693) $ (89,353) FUND BALANCE, BEGINNING (OCT 1, 2017) 262, , ,898 FUND BALANCE, ENDING $ 262,898 $ 324,558 $ 235,205

66 VILLASOL Community Development District Agenda Page #66 Series 2018 A1 and A2 Debt Service Fund Statement of Revenues, Expenditures and Changes in Fund Balances For the Period Ending July 31, 2018 ANNUAL ADOPTED YEAR TO DATE YEAR TO DATE VARIANCE ($) ACCOUNT DESCRIPTION BUDGET BUDGET ACTUAL FAV(UNFAV) REVENUES Interest - Investments $ - $ - $ 103 $ 103 Special Assmnts- Tax Collector ,348 53,348 Special Assmnts- Delinquent - - 3,000 3,000 Special Assmnts- Discounts Other Miscellaneous Revenues ,636 43,636 TOTAL REVENUES , ,942 EXPENDITURES Administration Misc-Assessmnt Collection Cost - - 1,137 (1,137) Total Administration - - 1,137 (1,137) Debt Service Interest Expense Series A ,024 (15,024) Interest Expense Series A ,442 (4,442) Total Debt Service ,466 (19,466) TOTAL EXPENDITURES ,603 (20,603) Excess (deficiency) of revenues Over (under) expenditures ,339 80,339 OTHER FINANCING SOURCES (USES) Interfund Transfer - In ,398 58,398 Proceeds of Refunding Bonds ,080 62,080 TOTAL FINANCING SOURCES (USES) , ,478 Net change in fund balance $ - $ - $ 200,817 $ 200,817 FUND BALANCE, BEGINNING (OCT 1, 2017) FUND BALANCE, ENDING $ - $ - $ 200,817

67 VILLASOL Community Development District Agenda Page #67 Series 2018 Capital Projects Fund Statement of Revenues, Expenditures and Changes in Fund Balances For the Period Ending July 31, 2018 ANNUAL ADOPTED YEAR TO DATE YEAR TO DATE VARIANCE ($) ACCOUNT DESCRIPTION BUDGET BUDGET ACTUAL FAV(UNFAV) REVENUES Interest - Investments $ - $ - $ 584 $ 584 TOTAL REVENUES EXPENDITURES Non-Operating Cost of Issuance ,911 (155,911) Total Non-Operating ,911 (155,911) TOTAL EXPENDITURES ,911 (155,911) Excess (deficiency) of revenues Over (under) expenditures - - (155,327) (155,327) OTHER FINANCING SOURCES (USES) Interfund Transfer - In Proceeds of Refunding Bonds , ,158 TOTAL FINANCING SOURCES (USES) , ,410 Net change in fund balance $ - $ - $ 421,083 $ 421,083 FUND BALANCE, BEGINNING (OCT 1, 2017) FUND BALANCE, ENDING $ - $ - $ 421,083

68 Agenda Page #68 VillaSol Community Development District Supporting Schedules July 31, 2018

69 VILLASOL Community Development District Agenda Page #69 All Funds Non-Ad Valorem Special Assessments - Osceola County Tax Collector (Monthly Collection Distributions) For the Fiscal Year Ending September 30, 2018 Allocation by Fund Discount / Gross Debt Service Debt Service Date Net Amount (Penalty) Collection Amount General Series 2003 Series 2018 Received Received Amount Cost Received Fund** Fund Fund ASSESSMENTS LEVIED $ 657,819 $ 433,059 $ 224,760 Allocation % 100% 66% 34% 11/09/17 $ 7,622 $ 402 $ 156 $ 8,179 $ 5,385 $ 2,795 $ - 11/24/17 35,517 1, ,752 24,853 12,899-12/15/17 409,969 17,430 8, , , ,890-12/28/17 18, ,986 13,157 6,829-01/16/18 17, ,095 11,912 6,183 02/14/18 19, ,153 13,267 6,886 03/09/ /09/18 10, ,608 6,984 3,625 04/13/18 23, ,812 15,676 8,136 05/11/18 9,933 (295) 203 9,841 6,479 3,362 06/14/18 6,459 (192) 132 6,398 4,212 2,186 06/20/18 67,309 (2,000) 1,374 66,682 43,899 22,784 TOTAL $ 626,352 $ 18,684 $ 12,783 $ 657,819 $ 433,059 $ 171,412 $ 53,348 % COLLECTED 100% 100% 100% TOTAL OUTSTANDING $ - $ - $ 53,348 $ (53,348) DELINQUENT ASSESSMENTS - FY17 02/14/18 8,778 (1,168) 179 7,789 4,789-3, Report Date: 8/22/2018

70 VILLASOL Community Development District Agenda Page #70 All Funds Cash and Investment Report July 31, 2018 Account Name Bank Name Investment Type Yield Balance GENERAL FUND Checking Account - Operating SunTrust Bank MuniNow 0.10% $188,200 Money Market Account Stonegate Bank Money Market 0.45% $136,624 Sub-total $324,824 DEBT SERVICE FUND Series A1 & A2-Revenue Fund US Bank US Bank Money Market 0.05% $56 Series A1 Interest US Bank US Bank Money Market 0.05% $30,081 Series A2 Interest US Bank US Bank Money Market 0.05% $8,894 Series 2018 A1 Debt Service Reserve US Bank US Bank Money Market 0.05% $87,779 Series 2018 A2 Debt Service Reserve US Bank US Bank Money Market 0.05% $17,941 Series 2018 A1 & A2 Cost of Issuance US Bank US Bank Money Market 0.05% $20,262 DEBT SERVICE FUND Series Project Fund US Bank US Bank Money Market 0.05% $400,821 Total $890,658 Report Date: 8/22/2018

71 VillaSol CDD Bank Reconciliation Agenda Page #71 Bank Account No Statement No Statement Date 7/31/2018 SunTrust Bank N.A. - GF G/L Balance (LCY) 188, G/L Balance 188, Positive Adjustments 0.00 Subtotal 188, Negative Adjustments 0.00 Statement Balance 201, Outstanding Deposits 0.00 Subtotal 201, Outstanding Checks 12, Differences 0.00 Ending G/L Balance 188, Ending Balance 188, Difference 0.00 Posting Date Document Type Document No. Description Amount Cleared Amount Difference Outstanding Checks 7/25/2018 Payment DEWBERRY ENGINEERS INC 3, , /27/2018 Payment AMERICAN LOCK & DOOR SPECIALISTS /27/2018 Payment INFRAMARK, LLC 7, , /27/2018 Payment LIGHTMART.COM Total Outstanding Checks... 12, ,878.39

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73 Agenda Page #73 VillaSol Community Development District Check Register and Invoices June 1 - July 31, 2018

74 VILLASOL Community Development District Agenda Page #74 Payment Register by Fund For the Period from 06/01/2018 to 07/31/2018 (Sorted by Check / ACH No.) Fund No. Check / ACH No. Date Payee Invoice No. Payment Description Invoice / GL Description G/L Account # Amount Paid GENERAL FUND /01/18 NASH CONSTRUCTION 1801 GUARDHOUSE DEMOLITION Capital Outlay $22, /01/18 SUN PUBLICATIONS DBA /13/18 MTG NOTICE (# ) Legal Advertising $ /08/18 CHURCHILLS GROUP HOLDINGS, INC 9211 JUNE 2018 POOL/FNTN SVC Contracts-Fountain $ /08/18 CHURCHILLS GROUP HOLDINGS, INC 9211 JUNE 2018 POOL/FNTN SVC Contracts-Pools $ /08/18 EXERCISE SYSTEMS INC Fitness Equipment Parts R&M-Recreation Center $ /08/18 INFRAMARK, LLC MAY 2018 MGMT FEES/reimb Postage and Freight $ /08/18 INFRAMARK, LLC MAY 2018 MGMT FEES/reimb Printing and Binding $ /08/18 INFRAMARK, LLC MAY 2018 MGMT FEES/reimb ProfServ-Mgmt Consulting Serv $3, /08/18 INFRAMARK, LLC MAY 2018 MGMT FEES/reimb ProfServ-Field Management $3, /08/18 INFRAMARK, LLC MAY 2018 MGMT FEES/reimb Office Supplies $ /08/18 INFRAMARK, LLC MAY 2018 MGMT FEES/reimb Artistic Design-Yard Signs $ /08/18 INFRAMARK, LLC MAY 2018 MGMT FEES/reimb RAPCO:A/C unit repairs $ /08/18 WASTE MANAGEMENT REFUSE REMOVAL JUNE 2018 Utility - Refuse Removal $ /12/18 CLARK & ALBAUGH, LLP GEN MATTERS THRU APR 2018 ProfServ-Legal Services $1, /14/18 CLARK & ALBAUGH, LLP SMALL CLAIMS-DIONICIO QUEZADA ProfServ-Legal Services $1, /14/18 CLARK & ALBAUGH, LLP GEN MATTERS THRU MAY 2018 ProfServ-Legal Services $2, /14/18 CLARK & ALBAUGH, LLP /18:SMALL CLAIMS-FARINAS ProfServ-Legal Services $ /14/18 CLARK & ALBAUGH, LLP /18:SMALL CLAIM-ALCO CONCRETE ProfServ-Legal Services $1, /14/18 DEWBERRY ENGINEERS INC ENG SVC THRU MAR 2018/grdhse ProfServ-Engineering $5, /14/18 DEWBERRY ENGINEERS INC ENG SVC THRU APR 2018/Grdhse ProfServ-Engineering $2, /14/18 SUN PUBLICATIONS DBA NOTICE OF 6/4/18 MEETING Legal Advertising $ /14/18 TERMINIX PROCESSING CENTER /02/18 PEST CONTROL R&M-Clubhouse $ /21/18 BRIGHTVIEW LANDSCAPE SVC JUNE 2018 LANDSCAPE MAINT Contracts-Landscape $5, /21/18 BRIGHTVIEW LANDSCAPE SVC IRR REPAIRS - CLOCK B R&M-Other Landscape $ /21/18 BRIGHTVIEW LANDSCAPE SVC IRR REPAIRS - CLOCK C R&M-Other Landscape $ /21/18 CHURCHILLS GROUP HOLDINGS, INC 9175 MAY CHEMICAL DELIVERY R&M-Pools $ /21/18 DEWBERRY ENGINEERS INC ENG SVC THRU MAY 2018 ProfServ-Engineering $2, /21/18 INFRAMARK, LLC 101 AC UNIT MAINT/REPAIRS R&M-Clubhouse $ /21/18 INFRAMARK, LLC 100 SIDEWALK REPLACEMENT R&M-Roads & Alleyways $7, /21/18 OSCEOLA SHERIFF'S OFFICE MAY -4 ADDT'L HRS PATROL SVC Contracts-Sheriff $ /21/18 SUN PUBLICATIONS DBA Notice of BOS Qualifying Priod Legal Advertising $ /21/18 THE HOME DEPOT HD STMT:MAY PURCH/CONCRETE JOB CONCRETE JOB/ $ /21/18 THE HOME DEPOT HD STMT:MAY PURCH/CONCRETE JOB GRNDG WHL/GLOVES $ /21/18 THE HOME DEPOT HD STMT:MAY PURCH/CONCRETE JOB IRR/CONCRETE JOB $ /21/18 THE HOME DEPOT HD STMT:MAY PURCH/CONCRETE JOB IRR/CONCRETE JOB $40.16

75 VILLASOL Community Development District Agenda Page #75 Payment Register by Fund For the Period from 06/01/2018 to 07/31/2018 (Sorted by Check / ACH No.) Fund No. Check / ACH No. Date Payee Invoice No. Payment Description Invoice / GL Description G/L Account # Amount Paid /21/18 THE HOME DEPOT HD STMT:MAY PURCH/CONCRETE JOB CEILING RPR $ /25/18 AMERICAN LOCK & DOOR SPECIALISTS /31/17:ACCESS CNTRL-TUTORIAL Misc-Access Control Software $ /03/18 FED EX /12/18 POSTAGE Postage and Freight $ /03/18 INFRAMARK, LLC JUNE 2018 MGMNT FEES/PASS THRU ProfServ-Mgmt Consulting Serv $3, /03/18 INFRAMARK, LLC JUNE 2018 MGMNT FEES/PASS THRU ProfServ-Field Management $3, /03/18 INFRAMARK, LLC JUNE 2018 MGMNT FEES/PASS THRU Postage and Freight $ /03/18 INFRAMARK, LLC JUNE 2018 MGMNT FEES/PASS THRU Printing and Binding $ /03/18 INFRAMARK, LLC JUNE 2018 MGMNT FEES/PASS THRU CLB HSE CHAIRS $ /03/18 INFRAMARK, LLC JUNE 2018 MGMNT FEES/PASS THRU GATE CREDENTIALS $ /03/18 INFRAMARK, LLC JUNE 2018 MGMNT FEES/PASS THRU REPR A/C UNIT $ /03/18 INFRAMARK, LLC JUNE 2018 MGMNT FEES/PASS THRU BOARD BADGE HLDRS $ /03/18 INFRAMARK, LLC JUNE 2018 MGMNT FEES/PASS THRU ANSWERING SERVICE $ /03/18 INFRAMARK, LLC JUNE 2018 MGMNT FEES/PASS THRU CLB HSE TABLES $ /03/18 MYRIAM GUTIERREZ D. JIMENEZ/RTRN DEP Room Rentals $ /06/18 CLARK & ALBAUGH, LLP /18:SMALL CLAIM-ALCO CONCRETE ProfServ-Legal Services $1, /06/18 CLARK & ALBAUGH, LLP /18:SMALL CLAIMS-QUEZADA ProfServ-Legal Services $1, /06/18 CLARK & ALBAUGH, LLP /18:SMALL CLAIMS-FARINAS ProfServ-Legal Services $ /06/18 CLARK & ALBAUGH, LLP GEN MATTERS THRU JUNE 2018 ProfServ-Legal Services $1, /06/18 WASTE MANAGEMENT REFUSE REMOVAL JULY 2018 Utility - Refuse Removal $ /10/18 FED EX /28/18 POSTAGE Postage and Freight $ /16/18 ENHANCED BUSINESS SOLUTIONS ROOF REPAIRS R&M-Clubhouse $3, /16/18 SUN PUBLICATIONS DBA NOTICE OF 7/10/18 MEETING Legal Advertising $ /17/18 CHURCHILLS GROUP HOLDINGS, INC 9267 CHEMICAL DELIVERY 6/29/18 R&M-Pools $ /17/18 CHURCHILLS GROUP HOLDINGS, INC 9293 JULY POOL/FOUNTAIN SVC Contracts-Fountain $ /17/18 CHURCHILLS GROUP HOLDINGS, INC 9293 JULY POOL/FOUNTAIN SVC Contracts-Pools $ /17/18 FED EX /3/18 POSTAGE Postage and Freight $ /17/18 TERMINIX PROCESSING CENTER PEST CONTORL 6/6/18 R&M-Clubhouse $ /17/18 THE HOME DEPOT JUNE PURCHASES CLEANING SUPPLIES $ /17/18 THE HOME DEPOT JUNE PURCHASES FOR REC CENTER $ /17/18 THE HOME DEPOT JUNE PURCHASES MICROWAVE $ /19/18 ENVERA SYSTEMS POOL MONITORING 7/1-9/30/18 Contracts-Security Services $1, /25/18 FED EX JULY POSTAGE Postage and Freight $ /25/18 DEWBERRY ENGINEERS INC ENG'G SVCS THRU JUNE 2018 ProfServ-Engineering $3, /27/18 AMERICAN LOCK & DOOR SPECIALISTS ACCESS CONTROL TRAINING Misc-Bar Codes $ /27/18 INFRAMARK, LLC JULY 2018 MGMT FEES/PASS THRU ProfServ-Mgmt Consulting Serv $3, /27/18 INFRAMARK, LLC JULY 2018 MGMT FEES/PASS THRU ProfServ-Field Management $3, /27/18 INFRAMARK, LLC JULY 2018 MGMT FEES/PASS THRU Postage and Freight $11.75

76 VILLASOL Community Development District Agenda Page #76 Payment Register by Fund For the Period from 06/01/2018 to 07/31/2018 (Sorted by Check / ACH No.) Fund No. Check / ACH No. Date Payee Invoice No. Payment Description Invoice / GL Description G/L Account # Amount Paid /27/18 INFRAMARK, LLC JULY 2018 MGMT FEES/PASS THRU DELIVERY OF CONCRETE $ /27/18 INFRAMARK, LLC JULY 2018 MGMT FEES/PASS THRU SIDEWALK RPRS $ /27/18 INFRAMARK, LLC JULY 2018 MGMT FEES/PASS THRU PAPER GOODS $ /27/18 INFRAMARK, LLC JULY 2018 MGMT FEES/PASS THRU REPR A/C UNIT $ /27/18 INFRAMARK, LLC JULY 2018 MGMT FEES/PASS THRU NAME TAGS $ /27/18 INFRAMARK, LLC JULY 2018 MGMT FEES/PASS THRU ANSWERING SERVICE $ /27/18 INFRAMARK, LLC JULY 2018 MGMT FEES/PASS THRU Printing and Binding $ /27/18 LIGHTMART.COM STREET LIGHT POLE STREET LIGHT $ DD155 06/01/18 BRIGHT HOUSE NETWORKS :SVC 5/17-6/16/18 Communication - Telephone $ DD156 06/01/18 KUA ACH KUA PRD 4/6-5/7/18 (JUNE ACH) Utility - General $3, DD157 06/01/18 TOHO WATER AUTHORITY ACH TOHO PRD 4/4-5/4/18 (June ACH) Utility - General $ DD158 07/03/18 TOHO WATER AUTHORITY ACH TOHO PRD 5/4-6/4/18 (JULY ACH) Utility - General $ DD159 06/26/18 CENTURY LINK ACH GH /4-7/3/18 R&M-Gatehouse $ DD160 07/02/18 BRIGHT HOUSE NETWORKS ACH :SVC 6/17-7/16/18 Communication - Telephone $ DD161 07/02/18 KUA ACH KUA PRD 5/7-6/6/18 (JULY ACH) Utility - General $3, DD165 07/25/18 CENTURY LINK ACH 7/4-8/3/18 GH R&M-Gatehouse $ DD166 06/26/18 OSCEOLA SHERIFF'S OFFICE OCSO ACH 6/24/18 PATROL SVC 4 hrs Contracts-Sheriff $ DD167 06/12/18 OSCEOLA SHERIFF'S OFFICE OCSO ACH PATROL DETAIL 6/9/18 4hrs Contracts-Sheriff $ DD168 06/26/18 OSCEOLA SHERIFF'S OFFICE OCSO ACH SEC SVCS 6/10/18; 6/22/18 Contracts-Sheriff $ DD172 07/09/18 OSCEOLA SHERIFF'S OFFICE OCSO ACH 7/6/18 PATROL SVC 4 hrs Contracts-Sheriff $ DD173 07/23/18 OSCEOLA SHERIFF'S OFFICE OCSO ACH PATROL DETAIL 7/14-7/15/18 Contracts-Sheriff $ DD152 06/06/18 RAMON E. BERMUDEZ PAYROLL June 06, 2018 Payroll Posting $ DD153 06/06/18 SERVANDO JR COMAS PAYROLL June 06, 2018 Payroll Posting $ DD154 06/06/18 MICHAEL J. EDGECOMBE PAYROLL June 06, 2018 Payroll Posting $ /08/18 MARK A. GOSDIN PAYROLL June 08, 2018 Payroll Posting $ /08/18 MARK A. GOSDIN PAYROLL June 08, 2018 Payroll Posting $ /12/18 MARK A. GOSDIN PAYROLL July 12, 2018 Payroll Posting $ DD162 07/12/18 RAMON E. BERMUDEZ PAYROLL July 12, 2018 Payroll Posting $ DD163 07/12/18 SERVANDO JR COMAS PAYROLL July 12, 2018 Payroll Posting $ DD164 07/12/18 MICHAEL J. EDGECOMBE PAYROLL July 12, 2018 Payroll Posting $ Fund Total $108, Total Checks Paid $108,943.81

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78 Agenda Page #78 NOTICE OF MEETINGS VILLASOL COMMUNITY DEVELOPMENT DISTRICT The Board of Supervisors of the VillaSol Community Development District will hold their meetings for Fiscal Year 2019 at the VillaSol Clubhouse, 3050 Puerta Del Sol Blvd., Kissimmee, Florida on the first Tuesday of the following months, unless otherwise noted, as follows: November 6, :30 p.m. January 8, Second Tuesday - 5:00 p.m. March 5, :30 p.m. May 7, :00 p.m. July 2, :30 p.m. September 3, :00 p.m. 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 (954) at least two calendar days prior to the meeting. If you are hearing or speech impaired, please contact the Florida Relay Service at or (800) 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. Bob Koncar District Manager

79 Agenda Page #79 NOTICE OF MEETINGS VILLASOL COMMUNITY DEVELOPMENT DISTRICT The Board of Supervisors of the VillaSol Community Development District will hold their meetings for Fiscal Year 2019 at the VillaSol Clubhouse, 3050 Puerta Del Sol Blvd., Kissimmee, Florida on the first Tuesday of the following months, unless otherwise noted, as follows: October 2, :30 p.m. November 6, :00 p.m. December 4, :30 p.m. January 8, Second Tuesday - 5:00 p.m. February 5, :30 p.m. March 5, :00 p.m. April 2, :30 p.m. May 7, :00 p.m. June 4, :30 p.m. July 2, :00 p.m. August 6, :30 p.m. September 3, :00 p.m. 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 (954) at least two calendar days prior to the meeting. If you are hearing or speech impaired, please contact the Florida Relay Service at or (800) 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. Bob Koncar District Manager

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154 Agenda Page #154 VILLA SOL 3050 PUERTA DEL SOL BLVD. KISSIMMEE, FL 08/27/2018 ATTN: FREDDY THIS QUOTE IS FOR INSTALLATION OF ONE NEW HEATER ON THE SPA AND INCLUDES THE FOLLOWING: - 1 RAYPAK COMMERCIAL A.S.M.E RATED HEATER 250,000 BTU, PROPANE GAS, ELECTRONIC IGNITION MODEL C-R266A-EP C ASME - PRESSURE RELIEF VALVE - CONNECT TO EXISTING GAS LINE - CONNECT TO EXISTING PLUMBING - INSTALLATION OF NEW GFCI BREAKER PER NATIONAL ELECTRIC CODE - ALL NECESSARY LABOR TOTAL $2, PLUS TAX ACCEPTED AND AGREED: REGARDS, BY: TITLE: DATE: KEN SOUKUP SERVICE MANAGER SPIES POOL LLC CP C043205

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164 Agenda Page #164 VILLA SOL 3050 PUERTA DEL SOL BLVD. KISSIMMEE, FL. 08/24/18 ATTN: C/O FREDDY BLANCO RESURFACE CLUBHOUSE POOL WITH EXPOSED QUARTZ FINISH ALSO INCLUDES OPTIONAL EXTRAS FOR TILE AND LED LIGHT FIXTURES. SCOPE OF WORK FOR POOL AREA DRAIN POOL CHIP OFF LOOSE AND DELAMINATED MATERIAL UP TO 200 SQ. FT DIAMOND SAW CUT AND BEVEL EXISTING FINISH APPROXIMATELY 1 ½ -2 WIDE, AROUND ALL WALL PENETRATIONS, (INCLUDING LIGHTS, MAIN DRAINS AND RETURN LINE FITTINGS, VACUUM LINES) AND NEXT TO TILE PROVIDE FULL DEPTH AND FLUSH INSTALLATION OF THE NEW FINISH CHIP AND REMOVE NEEDED SURFACE FROM GUTTER TO ACHIEVE 2 SLOPE FROM THE FRONT TO THE BACK OF THE GUTTER (PER STATE CODE) 4,000 PSI PRESSURE WASH ENTIRE POOL SURFACE ACID WASH RETILE THE WATERLINE INSTALL NEW 2 X6 NON-SKID TILE (PER FBC 454) INSTALL NEW 2 X6 CONTRASTING SKID RESISTANT STEP TILE ON STEPS (PER FBC 454) INSTALL 20 NEW SLOTTED FLOOR INLET COVERS TO HELP LESSEN THE CHANCE OF FUTURE STAINING AND EROSION OF THE NEW FINISH. APPLY BOND KOTE TO PREPARE OLD SURFACE (COVERING FLOOR, GUTTER, AND WALLS) REPLACE THE 1-18 X18 MAIN DRAIN FRAME AND GRATE WITH NEW VGBA. RESURFACE POOL WITH SMOOTH, MONOLITHIC LAYER OF EXPOSED QUARTZ FINISH (3/8 TO ½ THICK) REMOVE ALL WASTE FROM JOB REFILL POOLS WITH YOUR WATER, COMPLETELY BALANCE THE WATER CHEMISTRY USING YOUR CHEMICALS, START UP SYSTEM, INSTRUCT YOUR OPERATOR IN THE PROPER TECHNIQUE OF CARING FOR THE NEW FINISH

165 Agenda Page #165 POOL RESURFACING LIMITED 5YR. MANUFACTURER WARRANTY (POOL FINISH ONLY) ALL OTHER MATERIALS AND LABOR 1 YEAR WARRANTY TOTAL: $29, OPTION #1: RETILE THE INSIDE BEAM. INSTALL NEW 6 X6 TILE WITH NEW DEPTH MARKERS OPTION #2: TOTAL: $3, TOP OF THE BEAM. INSTALL NEW 6 X6 NON-SKID DEPTH AND NO DIVING MARKER TILES. OPTION #3: TOTAL: $1, INSTALL 4 NEW LED LIGHTING FIXTURES IN EXISTING LIGHT NICHES. MANUFACTURER STATES AN 86% ENERGY COST SAVINGS. (ANY WORK TO EXISTING LIGHTING SYSTEM, I.E. TRANSFORMERS, CONDUITS, BOND WIRE, ETC. ARE NOT INCLUDED. IF ANY ADDITIONAL WORK IS NEEDED, A PROPOSAL WILL BE PROVIDED BEFORE WORK IS COMPLETED.) TOTAL: $2, **NOTE: THE POOL DECK AREA WILL NEED TO BE CLOSED WHILE THE REFINISHING IS BEING DONE. THE WORK WILL TAKE 7-10 WORKING DAYS. WEATHER AND GROUNDWATER CONDITIONS MAY INCREASE THE LENGTH OF THE JOB. WE DO REQUIRE A PAYMENT SCHEDULE WITH A 50% DEPOSIT DUE UPON RECEIVING A COPY OF THE SIGNED CONTRACT AND THE REMAINING 50% DUE UPON COMPLETION AND SUBMITTAL OF OUR FINAL INVOICE. PLEASE HAVE AN AUTHORIZED PERSON SIGN THE QUOTE; RETURN AN EXECUTED SET TO US FOR CONVENIENT SCHEDULING OF THE WORK. IF YOU HAVE ANY QUESTIONS, PLEASE FEEL FREE TO CALL ME. QUOTE GOOD FOR 90 DAYS ACCEPTED AND AGREED: REGARDS, BY: TITLE: DATE: DEREK SCHWAN PROJECT MANAGER SPIES POOL, LLC. CP C OPTION #1 OPTION #2 OPTION #3

166 Agenda Page #166 VILLA SOL 3050 PUERTA DEL SOL BLVD. KISSIMMEE, FL. 08/24/18 ATTN: C/O FREDDY BLANCO RESURFACE SPA WITH EXPOSED QUARTZ FINISH. ALSO INCLUDES OPTION FOR INSTALLING NEW TILE AND LED LIGHT. SCOPE OF WORK FOR SPA DRAIN SPA CHIP OFF LOOSE AND DELAMINATED MATERIAL UP TO 10 SQ FT. DIAMOND SAW CUT AND BEVEL EXISTING FINISH APPROXIMATELY 1 ½ -2 WIDE, AROUND ALL WALL PENETRATIONS, (INCLUDING LIGHT, MAIN DRAIN AND RETURN LINE FITTINGS) AND NEXT TO TILE TO PROVIDE FULL DEPTH AND FLUSH INSTALLATION OF THE NEW FINISH 4,000 PSI PRESSURE WASH ENTIRE SPA SURFACE ACID WASH INSTALL NEW CONTRASTING SKID RESISTANT 2 X6 STEP TILE ON THE STEPS, AND BENCH (PER STATE CODE) INSTALL 1 NEW 12 1 MAIN DRAIN FRAME AND GRATE PER VGBA APPLY BOND KOTE TO PREPARE OLD SURFACE (COVERING FLOOR AND WALLS) RESURFACE SPA WITH SMOOTH, MONOLITHIC LAYER OF EXPOSED QUARTZ FINISH (3/8 TO ½ THICK) REMOVE ALL WASTE FROM JOB REFILL SPA WITH YOUR WATER, COMPLETELY BALANCE THE WATER CHEMISTRY USING YOUR CHEMICALS, START UP SYSTEM, INSTRUCT YOUR OPERATOR IN THE PROPER TECHNIQUE OF CARING FOR THE NEW FINISH SPA RESURFACING LIMITED 5YR. MANUFACTURER WARRANTY (POOL FINISH ONLY) ALL OTHER MATERIALS AND LABOR 1 YEAR WARRANTY TOTAL: $3,125.00

167 Agenda Page #167 OPTION #1: INSTALL ONE ROW OF NEW 6 TILE ON THE INSIDE BEAM. OPTION #2: TOTAL: $ INSTALL ONE NEW LED SPA FIXTURE IN EXISTING NICHE. TOTAL: $ **NOTE: ANY PVC FITTINGS WHICH WE FIND CANNOT BE REUSED WILL BE BILLED FOR SEPARATELY. THE SPA DECK AREA WILL NEED TO BE CLOSED WHILE THE REFINISHING IS BEING DONE. THE WORK WILL TAKE 3 WORKING DAYS DEPENDING UPON OPTIONS CHOSEN, WEATHER AND GROUNDWATER CONDITIONS PERMITTING. WE DO REQUIRE A PAYMENT SCHEDULE WITH A 50% DEPOSIT DUE UPON RECEIVING A COPY OF THE SIGNED CONTRACT AND THE REMAINING 50% DUE UPON COMPLETION AND SUBMITTAL OF OUR FINAL INVOICE. PLEASE HAVE AN AUTHORIZED PERSON SIGN THE QUOTE; RETURN AN EXECUTED SET TO US FOR CONVENIENT SCHEDULING OF THE WORK. IF YOU HAVE ANY QUESTIONS, PLEASE FEEL FREE TO CALL ME. *PRICED TO BE DONE WITH POOL RENOVATION* QUOTE GOOD FOR 90 DAYS ACCEPTED AND AGREED: REGARDS, BY: TITLE: DATE: DEREK SCHWAN PROJECT MANAGER SPIES POOL, LLC. CP C OPTION #1 OPTION #2

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