Concorde Estates Community Development District

Transcription

1 Concorde Estates Community Development District Board of Supervisors Meeting January 24, 2018 District Office: 8529 South Park Circle, Suite 330 Orlando, Florida

2 CONCORDE ESTATES COMMUNITY DEVELOPMENT DISTRICT AGENDA JANUARY 24, 2018 at 10:00 a.m. Concorde Estates Clubhouse 3151 Georgian Bay Lane Kissimmee, FL District Board of Supervisors Sailyn Alli Edwin Diaz Basam Alli Kelly Ortiz Martha Mendez-Land Board Supervisor, Chairperson Board Supervisor, Vice Chairman Board Supervisor, Assistant Secretary Board Supervisor, Assistant Secretary Board Supervisor, Assistant Secretary District Manager Anthony Jeancola Rizzetta & Company, Inc. District Counsel Gregg Johnson Garganese, Weiss & D Agresta District Engineer Steven N. Boyd, P.E. Boyd Civil Engineering All Cellular phones and pagers must be turned off during the meeting. The District Agenda is comprised of five different sections: The meeting will begin promptly at 10:00 a.m. with the first section which is called Audience Comments. The Audience Comment portion of the agenda is where individuals may comment on matters that concern the District. Each individual is limited to three (3) minutes for such comment. The Board of Supervisors or Staff is not obligated to provide a response until sufficient time for research or action is warranted. IF THE COMMENT CONCERNS A MAINTENANCE RELATED ITEM, THE ITEM WILL NEED TO BE ADDRESSED BY THE DISTRICT MANAGER OUTSIDE THE CONTEXT OF THIS MEETING. The second section is called Staff Reports. This section allows the District Manager, Engineer, and Attorney to update the Board of Supervisors on any pending issues that are being researched for Board action. The third section is called Business Administration. The Business Administration section contains items that require the review and approval of the District Board of Supervisors as a normal course of business. The fourth section is called Business Items. The business items section contains items for approval by the District Board of Supervisors that may require discussion, motion and votes on an item-by-item basis. Occasionally, certain items for decision within this section are required by Florida Statute to be held as a Public Hearing. During the Public Hearing portion of the agenda item, each member of the public will be permitted to provide one comment on the issue, prior to the Board of Supervisors discussion, motion and vote. Agendas can be reviewed by contacting the Manager s office at (407) at least seven days in advance of the scheduled meeting. Requests to place items on the agenda must be submitted in writing with an explanation to the District Manager at least fourteen (14) days prior to the date of the meeting. The final section is called Supervisor Requests. This is the section in which the Supervisors may request Staff to prepare certain items in an effort to meet residential needs. Public workshops sessions may be advertised and held in an effort to provide informational services. These sessions allow staff or consultants to discuss a policy or business matter in a more informal manner and allow for lengthy presentations prior to scheduling the item for approval. Typically no motions or votes are made during these sessions. Pursuant to provisions of the Americans with Disabilities Act, any person requiring special accommodations to participate in this meeting is asked to advise the District Office at (407) , at least 48 hours before the meeting. If you are hearing or speech impaired, please contact the Florida Relay Service at 7-1-1, who can aid you in contacting the District Office. Any person who decides to appeal any decision made by the Board with respect to any matter considered at the meeting is advised that this same 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 the appeal is to be based.

3 CONCORDE ESTATES COMMUNITY DEVELOPMENT DISTRICT DISTRICT OFFICE 8529 SOUTH PARK CIRCLE SUITE 330 ORLANDO, FL Board of Supervisors Concorde Estates Community Development District Dear Board Members: AGENDA January 17, 2018 The regular meeting of the Board of Supervisors of the Concorde Estates Community Development District will be held on Wednesday, January 24, 2018 at 10:00 a.m. at the Concorde Estates Clubhouse, located at 3151 Georgian Bay Lane, Kissimmee, Florida The following is the agenda for this meeting: BOARD OF SUPERVISORS MEETING: 1. CALL TO ORDER/ROLL CALL 2. AUDIENCE COMMENTS 3. STAFF REPORTS A. District Counsel B. District Engineer C. District Manager D. Clubhouse Manager 1. Amenity Management Report, January Tab 1 E. BrightView Landscape 1. Review of Landscape Action Plan..Tab 2 4. BUSINESS ADMINISTRATION A. Consideration of the Minutes of the Board of Supervisors Regular Meeting Held on November 29, Tab 3 B. Consideration of Operation and Maintenance Expenditures for October and November 2017 Tab 4 C. Presentation of Monthly Maintenance Inspection Report, American Ecosystems& BrightView...Tab 5 5. BUSINESS ITEMS A. Public Hearing on Imposing Special Assessments...Tab 6 1. Open Public Hearing 2. Consideration of the Assessment Methodology 3. Public Comment and Testimony 4. Close Public Hearing 5. Consideration of Resolution Imposing and Levying Special Assessments B. Consideration of Landscape Related Proposals 1. Consideration of Tree Removal Related Proposals......Tab 7 C. Consideration of Maintenance Related Proposals 1. Consideration of Fountain Repair Proposal Lake Fountains & Aeration.. Tab 8 D. Discussion Regarding Amenity Services E. Discussion Regarding Decoration for Next Year s Holiday Season 6. SUPERVISOR REQUESTS AND AUDIENCE COMMENTS 7. ADJOURNMENT I look forward to seeing you at the meeting. In the meantime, if you have any questions, please do not hesitate to call me at (407) Very truly yours, Anthony Jeancola Anthony Jeancola, District Manager cc: Gregg Johnson, Garganese, Weiss & D Agresta Steve Boyd, Boyd Civil Engineering

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5 Dec. - Jan Amenity Management Report Prepared by Rizzetta Amenity Services, Inc. Clubhouse Manager: Richard McGath Clubhouse Address: 3151 Georgian Bay Lane Kissimmee, Florida Clubhouse Phone: (407) Maintenance and Improvements: Monitored amenity center and surrounding areas. Handled day to day operations at amenity center. Cleaned and maintained amenity center and surrounding areas. Picked up trash from Main Boulevard and parks. Picked up trash from around the ponds. Drove community to inspect all parks, playgrounds, and ponds. Installed Christmas decorations. Took down Christmas decorations. Installed new landscape lighting bulbs. Installed new light bulbs at the Amenity Center. Fixed broken gym equipment. Picked up trash in back Cul-de-sacs. Cleaned up broken bottle in road. Fixed broken dome on splash pad. Replaced two shower heads and one shut off valve in pool area. Fixed a gate at one of the playgrounds. Treated for fire ants at the playgrounds, soccer fields, volleyball net, and Main Boulevard. Ordered new No Soliciting signs. Installed new No Soliciting signs. Picked up trash around ponds. Pressure cleaned clubhouse. Contacted and meet with three additional tree companies to get a price to remove failed trees. Received and submitted 3 additional tree quotes. Contacted and meet with Blown away to get price to fix sidewalks on CDD property. 1

6 Dec. - Jan Amenity Management Report Contacted and meet with two other sidewalk companies to receive proposals. Contacted Lake Fountains about the lights not working on the fountain. Received price from lake fountains to fix broken fountain lights. Contacted Osceola county road and bridge about raised sidewalks again. This time sending them the request through . Contacted Osceola county road and bridge about areas of sidewalk that still need fixed. Contacted Blown about when the PVC fence would be pressure cleaned. Contacted PSI again about getting replacement signs for the clubhouse. Sent numerous correspondences to PSI about new signs, asking for a date when I would receive the sign, he said he would call the sign company then get back with me. Contacted and meet with Truly Nolan about the flea issue by Lake Toho. Contacted two other pest companies could not find any fleas waiting on additional price. Contacted SunState Awning about replacement pavilion. SunState Awning said the first week of February is when the new awning is scheduled. Worked with Brightview about irrigation and landscape issues. Meet with Brightviews new account manager did a two our walk through and picked up trash. Set up a meeting with the irrigation supervisor to do a walkthrough of the community to address some concerns. Called Osceola county road and bridge about someone parking a semi on the main boulevard. Called the Sheriff to report a semi on the main boulevard. Called sheriff about someone dumping on CDD property. Called the sheriff about kids trashing the back cul-de-sacs again, they are doing free drive through. Sent numerous s and text to John Blakely with learner advisors about someone dumping on their property, and their contractor dumping on ours, he has advised me her will take care of it. Contacted Osceola water management about a faulty angle iron on one of the drain regulator s in one of the CDD s ponds. Prepared by Rizzetta Amenity Services, Inc. 2

7 Dec. - Jan Amenity Management Report Reported three faulty street lights to KUA via their website. Resident Relations: Issued 6 new access cards to residents. Booked 4 party room rentals. Prepared by Rizzetta Amenity Services, Inc. 3

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9 Concord CDD 30/60/90 day plan Days Oaks on main boulevard eastbound past Jackson Grey, finish 8 lift. What to expect: Brightview s trained experts employing power pruners to trim away Oak limbs under 8 feet tall. Days Detail front entrance: A. Right side facing property entrance: Spray weeds, remove dead plant material, trim hedges, pick up trash, treat ants, define beds. What to expect: Licensed professionals applying state approved herbicide and insecticide in areas of weed growth, or insect infestation. Any garbage will be properly disposed of,

10 hedges will look manicured and shaped, removal of any dead or browning plant material, proposals to replace said plants upon completion, re-definition of garden beds to a clean and clear boarder. B. Left side facing property entrance: Trim hedges, remove dead plant material, pick up trash, treat ants, define beds. What to expect: Licensed professionals applying state approved insecticide in areas of insect infestation. Any garbage will be properly disposed of, hedges will look manicured and shaped, removal of any dead or browning plant material, proposals to replace said plants, re-definition of garden beds to a clean and clear boarder.

11 2. Improve front entrance center island appearance. A. Inspect/repair irrigation issue. B. Clean up island: remove hanging frons from robellini s, remove dead plant material/garbage, spray weeds. C. Fertilize grass. What to expect: Licensed professionals applying state approved herbicide and insecticide in areas of weed growth, or insect infestation. Any garbage will be properly disposed of, hedges will look manicured and shaped, removal of any dead or browning plant material, proposals to replace said plants, re-definition of garden beds to a clean and clear boarder, grass returning to a full and lush green ground cover.

12 Days Oaks on the main boulevard westbound past Hopewell finish 8 lift. 2. Hopefully at this point we will have an approved work order for the trees that need work from Irma, and if we haven t had time for them at this point we can address them. 3. Annual mulch install. 4. Detail clubhouse: spray weeds, remove dead plant material, trim hedges, pick up trash, treat ants, define beds. What to expect: Brightview s trained experts employing power pruners to trim away Oak limbs under 8 feet tall. Removal and replacement of storm damaged trees (pending approval). Licensed professionals applying state approved herbicide and insecticide in areas of weed growth, or insect infestation. Any garbage will be properly disposed of, hedges will look manicured and shaped, removal of any dead or browning plant material, proposals to replace said plants, re-definition of garden beds to a clean and clear boarder. Instillation of fresh pine bark mulch.

13 Map Legend: Yellow line is what has been completed, Red line will be completed the week of 12/18/17, Blue line will be completed the week of 1/8/18, White line will be completed by 1/22/18, Green box will be completed by 2/5/18

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15 CONCORDE ESTATES COMMUNITY DEVELOPMENT DISTRICT November 29, 2017 Minutes of Meeting Page MINUTES OF MEETING Each person who decides to appeal any decision made by the Board with respect to any matter considered at the meeting is advised that 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. CONCORDE ESTATES COMMUNITY DEVELOPMENT DISTRICT The regular meeting of the Board of Supervisors of Concorde Estates Community Development District was held on Wednesday, November 29, 2017 at 6:00 p.m., at the Concorde Estates Clubhouse, located at 3151 Georgian Bay Lane, Kissimmee, Florida Present and constituting a quorum: Sailyn Alli Board Supervisor, Chairperson Edwin Diaz Board Supervisor, Vice Chairman Basam Alli Board Supervisor, Assistant Secretary Martha Mendez - Land Board Supervisor, Assistant Secretary Also present were: Anthony Jeancola District Manager, Rizzetta & Company, Inc. Gregg Johnson District Counsel, Garganese, Weiss & D Agresta Rich McGath Clubhouse Manager Steve Boyd Boyd Civil Engineering Hilario Perez Account Manager, Brightview Jason Nelson Account Manager, Brightview Audience Member Present FIRST ORDER OF BUSINESS Call to Order Mr. Jeancola called the meeting to order and read the roll. SECOND ORDER OF BUSINESS Audience Comments on the Agenda Items Mr. Jeancola asked for any comments from the audience. There were none. THIRD ORDER OF BUSINESS Staff Reports A. District Counsel No Report. B. District Engineer Mr. Boyd updated the Board regarding the alleyway repaving project. The work has been completed and the punch list is still underway. He indicated that there are a few areas that they would like to have the contractor revisit. He requested that the Board pay the contractor the substantial amount (80%) minus retainage which is usually about 10% - 20% for the punch list items. A few areas of concern include a need for the edges to be tightened up and asphalt clean up.

16 CONCORDE ESTATES COMMUNITY DEVELOPMENT DISTRICT November 29, 2017 Minutes of Meeting Page Mr. Alli commented on manholes that may need to be addressed and cleaned up. Mr. Boyd took before and after photographs of the work that was performed. He recommended that the release of final retainage be approved at an upcoming scheduled meeting upon completion of the punch list items. On a motion by Mr. Diaz seconded by Ms. Land, with all in favor, the Board authorized 80% of the contractual amount to be released and paid to the contractor with final retainage paid upon completion of the punch list items, for Concorde Estates Community Development District. Mr. Boyd will have the invoice sent directly to Rizzetta & Co. Mr. Diaz would like Mr. Boyd to inquire when the county may be on schedule to fix the roadways. C. District Manager Mr. Jeancola discussed field services as they pertain to the oversight of landscaping. The field services reports are beneficial to Districts that incorporate having a field operations manager (Rizzetta & Co.) work along with the community s landscape vendor. This is an added expense. Ms. Alli stated that landscaping has been a big concern within the community and is in agreement that landscape improvements are needed. Mr. Jeancola suggested performing a field inspection every other month. The Board agreed to table this item until further notice in an effort to save on additional expenses. Additionally, BrightView will need to provide an action plan to resolve the District s landscape concerns. Mr. Jeancola updated the Board regarding an individual who was injured due to a fall on the sidewalk in the back section. An insurance claim was filed and is undergoing the claims process. An adjuster was retained and the section of sidewalk was repaired within a week of the reported incident. The area was spray painted/flagged. Mr. McGath diagnosed some areas that were a hazard and reported them to the County. Mr. McGath will inspect the whole community and already examined CDD sidewalks. Ms. Alli commented that she was under the impression that all of the sidewalks within the community were the County s responsibility. Mr. Johnson stated that if a sidewalk is adjacent to the road and is in the right of way of the County road then it belongs to the County. Anything outside of that belongs to the CDD. He suggested that Mr. McGath contacts the County in writing as it formally puts them on notice.

17 CONCORDE ESTATES COMMUNITY DEVELOPMENT DISTRICT November 29, 2017 Minutes of Meeting Page D. Clubhouse Manager Mr. McGath reviewed the November 2017 amenity report with the Board. He stated that the holiday decorations in the process of being put up. He indicated that there has been some dumping on the SPE lots. He contacted Mr. Bishop who stated that it will be cleaned up. There hasn t been anything cleaned up yet. He received the fabric for the pavilion and asked the Board to choose a color. Ms. Alli inquired about the entry landscape lighting at the north entrance that keeps turning off. Mr. McGath will have them replaced and will work on obtaining a proposal to replace them with LED lights. Mr. Jeancola added that they replaced the lighting at another District with LED lighting and that it has proven to be less expensive so far. Mr. Diaz asked about Blown Away s pressure washing schedule for the south wall. Mr. McGath contacted the vendor regarding price and they agreed to bring their cost down by $ He will contact them again regarding a schedule for the work to be performed. Ms. Alli asked if the patrol services provider fixed their contact information on their postings/signage. Mr. McGath stated that the information is correct on the flyers and that signage is being replaced. Ms. Land indicated that there is a semi-truck being driven on the newly paved road. She suggested that it be towed as this individual has been warned several times by security and Mr. McGath. Mr. McGath said that security was advised to have the truck towed immediately if seen on the newly paved road again. Mr. Alli asked about readjusting the line by the back park. Mr. McGath and Mr. Jeancola met with Mr. Perez from Brightview who has asked the tractor company to come out every other week until the line is pushed back. It grows in quicker during the summer due to flooding. It gets pushed back during the dry season. This is being done at no extra cost to the District as part of the landscaping services. Mr. McGath asked that they address the same issue over by pond number eleven. Mr. Perez stated that they have to stay within the property line and that they cannot go into the conservation area. Mr. Perez updated the Board on upcoming landscaping initiatives. He stated that one week they will be mowing, edging, blowing and performing routine work on the turf. The next week they will be detailing and trimming, weeding, trimming palm trees and cleaning up broken limbs from trees as a courtesy. He provided a scheduling map to the Board. Ms. Land indicated that grass clippings have been left in the ponds and asked if the grass can be mowed in the opposite direction. Mr. Perez stated that they mow 10 feet up the pond and weed whack the remainder. He stated that they will try to be more mindful in the future. He noted that they remove trash from the bank but not from the pond itself. Discussion ensued. There was a question as to whether annuals were included as part of the District s landscaping contract. Mr. Perez responded that annuals are provided at an extra cost.

18 CONCORDE ESTATES COMMUNITY DEVELOPMENT DISTRICT November 29, 2017 Minutes of Meeting Page Ms. Land recommended that a checklist containing overall concerns be created and verified on a weekly basis. Discussion ensued. Brightview will be more proactive and provide information and proposals to district management as needed. Discussion ensued. Ms. Alli would like Brightview to provide a plan of action, checklist and a detailed schedule. Mr. Perez said that the Board will receive a monthly report of what was done and of what will be done along with pictures. A resident requested a breakdown of the scope of services. Ms. Alli stated that a detailed scope of services was provided when the bid was submitted. This information is also located in the contract. The monthly invoice is based off of the annual contract amount and divided into twelve months. Anything outside of the scope of work is considered an out of pocket expense. Discussion ensued. Ms. Alli indicated that the Board was waiting for a proposal regarding the trees that are down on the Boulevard. It was recommended that the Board hold off on this issue as many vendors put hurricane pricing into effect after the hurricane. There are over forty trees that have to be uprooted and removed. The Board needs to decide if they want to spend all of that money to replace the trees. Mr. Jeancola noted that about a quarter of those tress cannot be replaced with like material due to them being old growth. Ms. Land asked if there was a law that protected oak trees. It was confirmed that they have to be replaced if they are voluntarily taken down. She noted that there are trees in the back that are leaning. FOURTH ORDER OF BUSINESS Consideration of the Minutes of the Board of Supervisors Meeting held on October 25, 2017 Mr. Jeancola presented the Minutes of the Board of Supervisors Meeting held on October 25, There weren t any comments made by the Board. On a motion by Mr. Diaz seconded by Ms. Alli, with all in favor, the Board approved the Minutes of the Board of Supervisors Meeting held on October 25, 2017, for Concorde Estates Community Development District. FIFTH ORDER OF BUSINESS Ratification of Operation and Maintenance Expenditures for September 2017 Mr. Jeancola reviewed the September 2017 expenditures with the Board. There was discussion regarding the employee insurance reimbursement on page 77. Mr. Jeancola will inquire with the RASI department manager to obtain clarity on the item.

19 CONCORDE ESTATES COMMUNITY DEVELOPMENT DISTRICT November 29, 2017 Minutes of Meeting Page 5 On a motion by Mr. Diaz, seconded by Ms. Alli, with all in favor, the Board ratified the Operation and Maintenance Expenditures for September 2017 in the amount of $80,026.92, for Concorde Estates Community Development District Ms. Alli stated that she has received several complaints from residents expressing concern regarding the facilities and the amenities manager. Mr. Jeancola suggested that they set up a time to discuss the issues at hand with the Director of Amenity Management. Further steps to address these items can then be taken. SIXTH ORDER OF BUSINESS Presentation of Monthly Maintenance Reports, American Ecosystems and BrightView The Board reviewed the October 2017 maintenance reports from American Ecosystems and Brightview. SEVENTH ORDER OF BUSINESS Consideration of Resolution , Re- Designating Officers Mr. Jeancola presented and reviewed Resolution , Re-Designating Officers. The Board appointed Ms. Sailyn Alli as Chairperson, Mr. Edwin Diaz as Vice Chairperson and the remaining Board members as Assistant Secretaries. This would formally recognize Ms. Martha Mendez-Land as an Assistant Secretary. On a motion by Ms. Alli, seconded by Mr. Diaz, with all in favor, the Board approved Resolution , Re-Designating Officers, for Concorde Estates Community Development District. EIGHTH ORDER OF BUSINESS Consideration of Resolution , Setting Date/Time/Location of Public Hearing for Purpose of Hearing Public Comment on Imposition of Special Assessment on Certain Property Located within the District Mr. Jeancola presented Resolution , Setting Date/Time/Location of Public Hearing for Purpose of Hearing Public Comment on Imposition of Special Assessment on Certain Property Located within the District with the Board. Mr. Johnson reviewed Resolution , and stated that this is the second step in the process. This is usually combined with the first part which approved the restructuring of the bonds. As a result of the foreclosures that took place, the delinquent properties were issued special 2011B bonds. Some portions were sold off (Avex Homes) and some went to a tax deed sale (owned by various individuals). The SPE asked to restructure and bifurcate these properties and exchange them for 2017B bonds in the same amount. He asked the Board to approve the resolution setting the public hearing for January 24, 2018 at 10:00 am. Ms. Land asked when the original bonds were supposed to mature. Mr. Johnson stated that the bonds were set to mature in May 2017 but the bondholders asked to extend that maturity date through November 1 st, The bondholder did not default.

20 CONCORDE ESTATES COMMUNITY DEVELOPMENT DISTRICT November 29, 2017 Minutes of Meeting Page Mr. Johnson stated that the public hearing is to approve the assessment methodology report. This is the final hearing in this process before signing. On Motion by Mr. Alli, seconded by Mr. Diaz, with all in favor, the Board approved Resolution , Setting Date/Time/Location of Public Hearing (January 24, 2018 at 10:00 am at the Concorde Estates Clubhouse, located at 3151 Georgian Bay Lane, Kissimmee, FL 34746) for Purpose of Hearing Public Comment on Imposition of Special Assessment on Certain Property Located within the District, for Concorde Estates Community Development District. NINTH ORDER OF BUSINESS Supervisor Requests and Audience Comments Mr. Barbuck commented on the legal fees paid for District Counsel to attend the meetings and suggested that Mr. Johnson call into meetings. This would save the District a substantial amount of money. Mr. Johnson stated that some Districts do choose to have Counsel call in. The Board will consider having Mr. Johnson call in and/or attend meetings as necessary. Ms. Ingrid Desarmos asked for clarification regarding Resolution and whether the delinquent properties were paying. Mr. Johnson stated that when the economy crashed, DR Horton owned all of the lots. DR Horton stopped paying O&M assessments and bond assessments. The bondholders instructed Garganese, Weiss & D Agresta to initiate the foreclosure against DR Horton. As a result of the foreclosure, they entered into a deal where DR Horton agreed to turn over title to those lots to a single purpose entity set up by the bondholders. New bonds were issued on those lots in the same amount as the previous bonds. The same obligations have to be met. Mr. Cruz expressed concern regarding the gate repair and the need for hinges. Ms. Alli stated that the amenities manager will get it taken care of right away. Discussion ensued. Mr. Braverman wanted to know the reasoning for proceeding with the alleyway repaving and would have liked to see a dock built instead. Mr. Boyd explained that there is an obligation for the alleyways to be maintained and typically need to be heavily serviced every ten years. The back alleyways were in very bad shape. A public bid was put out. Although these alleyways are not used as much, asphalt/pavement is flexible and needs some type of traffic to keep it flexible. If not, it becomes brittle and cracks. The total contract cost was approximately $254, and the lowest bidder was chosen. Discussion ensued. Mr. Braverman also asked if assessments would go down as more homes are built. Mr. Jeancola stated that this is not the case with a CDD as assessments are based on a per parcel/lot basis. This is the case whether there is a home built on the land or not and is based on the lot type. Discussion ensued. Mr. Johnson stated that that they will put Avex on notice as sales people are providing inaccurate information regarding the construction of a pier. Discussion ensued. Mr. Land asked if there was information regarding his question that was raised at the previous meeting about how the bond money was used. Mr. Johnson responded that the money was not used for a dock and that the bonds were taken out as a lump sum. As he stated in the last meeting, the bonds were used for the current infrastructure and construction. Mr. Johnson stated that he researched this matter after the last meeting and found a memo. The developer had every intention of building the dock, but underestimated the cost. There wasn t enough bond money left. When they declared that construction

21 CONCORDE ESTATES COMMUNITY DEVELOPMENT DISTRICT November 29, 2017 Minutes of Meeting Page was completed, the remaining bond money was applied to the bonds. Therefore, this decreased the bond assessments. Discussion ensued. Mrs. Velez asked if a reserve study was considered for the infrastructure. She also asked about the proper protocol to submit a complaint to management. Ms. Alli asked that on-site amenity management be contacted first. If a response is not received within a week, contact Mr. Jeancola, District Manager, at Rizzetta & Company. If there isn t a response from District Management, then attend a meeting to let the Board know. Mr. Jeancola stated that the Board can obtain reserve study proposals. These can typically be done every 3-5 years. There is a general fund surplus (reserves) account that can be utilized to assist in funding a designated reserve. Discussion ensued. An audience member asked Mr. Boyd if speed bumps have been considered for the alleyways. There has been discussion regarding speed bumps on the main roads. Mr. Boyd will look into some options. The audience member also requested that the County set up a radar detector to collect data. This can be done free of charge. Mr. Velez asked if there were plans to fix the playground gazebo/awning. Mr. Jeancola confirmed the Board of Supervisors approved a proposal at a prior meeting to replace the awning material. Ms. Alli indicated that the District can charge for individuals to use the gazebos. Mr. Jeancola commented that this is typically done with fenced in areas. Discussion ensued. Mr. Cruz observed fleas in some of the common areas. The District will have this looked into and see what treatment options may be available.

22 CONCORDE ESTATES COMMUNITY DEVELOPMENT DISTRICT November 29, 2017 Minutes of Meeting Page TENTH ORDER OF BUSINESS Adjournment On a motion by Ms. Alli, seconded by Mr. Diaz, with all in favor, the Board adjourned the meeting at 8:16 p.m. for Concorde Estates Community Development District. Assistant Secretary Chairperson/Vice Chairperson

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24 CONCORDE ESTATES COMMUNITY DEVELOPMENT DISTRICT DISTRICT OFFICE 8529 SOUTH PARK CIRCLE SUITE 330 ORLANDO, FLORIDA Operation and Maintenance Expenditures October 2017 For Board Approval Attached please find the check register listing the Operation and Maintenance expenditures paid from October 1, 2017 through October 31, This does not include expenditures previously approved by the Board. The total items being presented: $44, Approval of Expenditures: Chairperson Vice Chairperson Assistant Secretary

25 Concorde Estates Community Development District Paid Operation & Maintenance Expenditures October 1, 2017 Through October 31, 2017 Vendor Name Check Number Invoice Number Invoice Description Invoice Amount American Ecosystems, Inc Lake Maintenance 10/17 $ Blown Away, LLC Pressure Wash of the Concrete $ 1, Sidewalks Blown Away, LLC Pressure Wash of Vinyl Fencing $ BrightView Landscape Landscape Maintenance 09/17 $ 15, Services, Inc CenturyLink /17 Acct# Clubhouse Telephone $ /17 Cleanwel Inc Amenity Cleaning Service 09/17 $ Commando Pest Control & Pest Control Service 10/17 $ Trappers, Inc DIRECTV LLC Acct # Amenity TV Service $ /17 Florida Department of Sales Tax for 09/17 $ Revenue 09/17 Garganese, Weiss & Monthly Legal Services 09/17 $ D'Agresta, P.A. J&A Security Services, Patrol 3 Nights & Pool Detail 10/17 $ 1, LLC Kissimmee Utility Authority /17 0 Grasmere View Parkway VLITE 09/17 $ 4, Lake Fountains & Aeration, Quarterly Fountain Service 09/17 $ Inc. Poolworks Hurricane Irma Cleanup $ Poolworks Pool Maintenance 10/17 $ Protection One Alarm Amenity Security System Monitoring $ Monitoring, Inc 10/17 Rizzetta & Company, Inc INV Assessment Roll Preparation FY 17/18 $ 5, Rizzetta & Company, Inc INV District Management Fees 10/17 $ 4, Rizzetta Amenity Services, INV Out of Pocket Expenses 09/17 $ Inc. Rizzetta Amenity Services, INV Amenity Management Services 10/17 $ 2, Inc. Rizzetta Amenity Services, Inc INV Actual Bi-Weekly Payroll 10/17 $ 1, Rizzetta Technology INV Website Hosting Services 10/17 $ Services, LLC Toho Water Authority Toho Summ 09/17 Toho Water Summary 09/17 $

26 Concorde Estates Community Development District Paid Operation & Maintenance Expenditures October 1, 2017 Through October 31, 2017 Vendor Name Check Number Invoice Number Invoice Description Invoice Amount Venefence Corp Reinstall 46 panel pickets $ 2, Report Total $ 44,639.19

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67 CONCORDE ESTATES COMMUNITY DEVELOPMENT DISTRICT DISTRICT OFFICE 8529 SOUTH PARK CIRCLE SUITE 330 ORLANDO, FLORIDA Operation and Maintenance Expenditures November 2017 For Board Approval Attached please find the check register listing the Operation and Maintenance expenditures paid from November 1, 2017 through November 30, This does not include expenditures previously approved by the Board. The total items being presented: $41, Approval of Expenditures: Chairperson Vice Chairperson Assistant Secretary

68 Concorde Estates Community Development District Paid Operation & Maintenance Expenditures November 1, 2017 Through November 30, 2017 Vendor Name Check Number Invoice Number Invoice Description Invoice Amount American Ecosystems, Inc Lake Maintenance 11/17 $ Anchor Air of Central Florida, Inc Twice Per Year Annual Maintenance FY 16/17 $ Boyd Civil Engineering, Inc Engineering Services 10/17 $ BrightView Landscape Landscape Maintenance 10/17 $ 15, Services, Inc CenturyLink /17 Acct# Clubhouse Telephone $ /17 Cleanwel Inc Amenity Cleaning Service 10/17 $ Commando Pest Control & Pest Control Service 11/17 $ Trappers, Inc Concorde Estates CDD CD311 Debit Card Disbursement $ Department of Economic Special District Fee FY 17/18 $ Opportunity DIRECTV LLC Acct # Amenity TV Service $ /17 DR Home Improvement Repaired Soffit Damage around $ Clubhouse Exercise Systems, Inc Fitness Equipment Repair $ Garganese, Weiss & Monthly Legal Services 10/17 $ 1, D'Agresta, P.A. Kissimmee Utility Grasmere View Parkway VLITE $ 4, Authority 10/17 10/17 Kissimmee Utility KUA Summ 10/17 Electric Summary 10/17 $ 7, Authority Poolworks Pool Maintenance 09/17 $ Poolworks Pool Maintenance 11/17 $ Protection One Alarm Amenity Security System Monitoring $ Monitoring, Inc 11/17 Rizzetta & Company, Inc INV District Management Fees 11/17 $ 4, Rizzetta Amenity Services, Inc INV Amenity Management Services 11/17 $ 2, Rizzetta Technology INV Website Hosting Services 11/17 $ Services, LLC Toho Water Authority Toho Summ 10/17 Toho Water Summary 10/17 $ Report Total $ 41,476.07

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118 Tab 5

119 Seruing Florida Statewide E r \ American EcosysLems, Inc.' \ ACIUI\TIC MANAGEMENT SERVICES p.o. Box St. Petersburg, FL Phone(727) CUSTOMER: ACCOUNT # BIOLOGISI DATE: \> /t, t TIME: lt WEEDS TREATED SITE ALGAE GRASSES UNDERWATER FLOATING TERRESTRIAL I DAYS RESTRICTED OTHER SERVICES PROVIDED >-,/.O -(;"% K"q ($> COMMENTS: Customers Signature Date

120

121 Concorde Estates CDD December, 2017 Anthony Graziano

122 Turf mowing was completed. Treated for ants throughout community. Re-defined bed edge lines. Trash was picked up throughout community and all garbage cans were emptied. Week of December 3 rd 2017

123 Week of December 10 th 2017 Cutting trees to clear road way and side walks. Palm tree trimming.

124 Tab 6

125 Concorde Estates Community Development District Final Supplemental Special Assessment Allocation Report Capital Improvement Revenue Refunding Bonds, Series 2017B (Capital Appreciation Bonds) Citrus Park Lane Suite 115 Tampa, FL rizzetta.com October 25, 2017

126 CONCORDE ESTATES COMMUNITY DEVELOPMENT DISTRICT CAPITAL IMPROVEMENT REVENUE REFUNDING BONDS SERIES 2017B (CAPITAL APPRECIATION BOND) TABLE OF CONTENTS Page I. INTRODUCTION II. DEFINED TERMS III. DISTRICT HISTORY IV. CAPITAL IMPROVEMENT PROGRAM... 2 V. SERIES 2017B BONDS AND ASSESSMENTS VI. SERIES 2017B ALLOCATION METHODOLOGY VII. PREPAYMENT OF SERIES 2017B ASSESSMENTS VIII. ADDITIONAL STIPULATIONS 3 EXB A ALLOCATION METHODOLOGY INDEX OF TABLES Table Description Page 1 CURRENT DEVELOPMENT PLAN... A-1 2 CURRENT FINANCING INFORMATION SERIES 2011B BONDS... A-2 3 FINANCING INFORMATION SERIES 2017B BONDS.. A-2 4 MAXIMUM SERIES 2017B LIEN.... A-3 SERIES 2017B ASSESSMENT LIEN ROLL. A-4

127 CONCORDE ESTATES COMMUNITY DEVELOPMENT DISTRICT CAPITAL IMPROVEMENT REVENUE REFUNDING BONDS SERIES 2017B (CAPITAL APPRECIATION BOND) I. INTRODUCTION This Final Supplemental Special Assessment Allocation Report is being presented in anticipation of bifurcation and exchange of bonds by the Concorde Estates Community Development District ( District ), a local unit of special purpose government established pursuant to Chapter 190, Florida Statutes. As part of this bifurcation, the District proposes to issue Capital Improvement Revenue Refunding Bonds, Series 2017B ( Series 2017B Bonds). Rizzetta & Company, Inc. has been retained to prepare a methodology for allocating the special assessments expected to be levied by the District in connection with the transaction. II. DEFINED TERMS 2004 Report - The Final Special Assessment Allocation Report dated March 24, 2004, as amended August 6, Reports Collectively, The Series 2011 Special Assessment Allocation Report dated July 8, 2011, and the Final Supplemental Series 2011 Special Assessment Allocation Report dated January 28, 2015 as revised on October 28, Capital Improvement Program (or CIP ) The District s comprehensive plan for constructing and/or acquiring the District-wide system of public infrastructure improvements, all or a portion of which will be funded by the proceeds of District bonds. As referred to as the Series 2004 Project. "District" Concorde Estates Community Development District. End User The ultimate purchaser of a fully developed residential unit; typically, a resident homeowner. Equivalent Assessment Unit (EAU) Allocation factor which reflects a quantitative measure of the amount of special benefit conferred by the District s CIP on a particular land use, relative to other land uses. Exchanged Series 2011B Bonds - Portion of Series 2011B Bonds that will be exchanged for Series 2017B Bonds. Indentures The Master Trust Indenture dated as of March 1, 2004 and the Third Supplemental Trust Indenture dated as of November 1, Lot Sales Proceeds As defined in the Lot Purchase Agreement, the cash proceeds actually received by the SPE from the sale of all or a portion of District lands which are encumbered by assessments securing the Series 2017B Bonds to third parties. 1

128 CONCORDE ESTATES COMMUNITY DEVELOPMENT DISTRICT CAPITAL IMPROVEMENT REVENUE REFUNDING BONDS SERIES 2017B (CAPITAL APPRECIATION BOND) Lot Purchase Agreement - Certain Lot Purchase Sale Agreements (40 Foot Lot Agreement and 65 to 100 Foot Lot Agreement, together the Lot Purchase Sale Agreement) dated August 10, 2016 and Amended October 11, 2016 between the SPE and Avex Concorde, LLC for the purchase of the Repositioned Land. Maturity Value Term used to describe the accreted value of the Series 2017B Bonds on the date of maturity. Platted Units Lands configured into their intended end-use and subject to a recorded plat. Series 2011B Assessments Special assessments levied to secure repayment of the District s Series 2011B Bonds. Series 2011B Bonds Currently, short-term $5,810,000 (Maturity Value) Concorde Estates Community Development District Capital Improvement Revenue Refunding Bonds which are structured as convertible capital appreciation bonds. Series 2017B Assessments Special assessments to be levied in connection with the District s Series 2017B Bonds. Series 2017B Bonds - $4,705,000 (Maturity Value) Concorde Estates Community Development District Capital Improvement Revenue Refunding, Series 2017B (Capital Appreciation Bonds). SPE - Maxcy Development Group Holdings Concorde Estates Inc., a Florida corporation. Unexchanged Series 2011B Bonds - $2,940,000 of Series 2011B Bonds that will remain outstanding on 36 lots currently owned by third-party users, under the Second Supplemental Indenture, as amended. All capitalized terms not otherwise defined herein shall retain the meaning ascribed to them in the 2004 Report and 2011 Reports. III. DISTRICT HISTORY The District previously issued its Series 2011B Bonds in exchange for a portion of the outstanding Series 2004 Bonds as part of the Restructuring Agreement negotiated among the District s bondholders, the District and the SPE. It is anticipated that the District will issue Series 2017B Bonds, in exchange for the Exchanged Series 2011B Bonds, with the consent of the 2011B Bondholders. The Unexchanged Series 2011B Bonds will remain outstanding on the 36 lots currently owned by third-party users and will not be affected by this transaction. 2

129 CONCORDE ESTATES COMMUNITY DEVELOPMENT DISTRICT CAPITAL IMPROVEMENT REVENUE REFUNDING BONDS SERIES 2017B (CAPITAL APPRECIATION BOND) IV. CAPITAL IMPROVEMENT PROGRAM At this time, there are no significant changes expected for the District s Capital Improvement Program. For further detail, please refer to the 2004 Report. V. SERIES 2017B BONDS AND ASSESSMENTS Currently, the Series 2011B Bonds are outstanding in the aggregate amount of $5,810,000. Table 2 provides a detail of current financing information for the Series 2011B Bonds. To effectuate the bifurcation of the Series 2011B Bonds, the District will exchange a portion of the currently outstanding bonds, defined as the Exchanged Series 2011B Bonds, for new Series 2017B Bonds. The Series 2017B Bonds will be issued in an initial principal amount of $2,871, and will be structured as non-converting capital appreciation bonds. Beginning on the date of issuance and delivery of the Series 2017B Bonds, interest will accrue and compound semi-annually, until maturity on November 1, The Maturity Value of the Series 2017B Bonds, assuming no principal redemptions, will be $4,705,000. Table 3 contains a summary of the Series 2017B financing terms. Although repayment of the Series 2017B Bonds is secured by the proceeds of the Series 2017B Assessments levied by the District, there will be no scheduled debt service payments for the Series 2017B Bonds until maturity. As specified in the Lot Purchase Agreement, the Series 2017B Bonds will be repaid from available Lot Sales Proceeds, a portion of which, if available, is also intended to be applied as a partial prepayment of Series 2017B Assessments on those remaining lands encumbered by assessments which are not owned by End Users. The District, through adoption of this assessment allocation methodology, is levying a maximum Series 2017B Assessment lien on the units shown in Table 4, which were formerly encumbered by the Series 2011B Assessments. As stated above, the Series 2017B Assessments associated with a particular parcel will be paid from Lot Sales Proceeds distributed by the SPE to the District on a quarterly basis, at a minimum, with those funds being used in turn by the District for extraordinary redemptions of the Series 2017B Bonds. When a unit is sold to an End User, the District will release the maximum Series 2017B Assessment lien associated with that unit upon receipt of the SPE s written confirmation that the unit has been sold and all applicable funds have been received by the SPE for distribution to the District. The release of a unit from the maximum Series 2017B Assessment lien will result in a corresponding reduction in the remaining aggregate master lien by the full maximum amount specified in Table 4 for the released lot. 3

130 CONCORDE ESTATES COMMUNITY DEVELOPMENT DISTRICT CAPITAL IMPROVEMENT REVENUE REFUNDING BONDS SERIES 2017B (CAPITAL APPRECIATION BOND) VI. SERIES 2017B ALLOCATION METHODOLOGY Unlike property taxes, which are ad valorem in nature, a community development district may levy special assessments under Florida Statute only if the parcels to be assessed receive special benefit from the infrastructure improvements acquired and/or constructed by the district. Special benefits act as a logical connection to property from the improvement system or services facilities being constructed and include, but are not limited to, added use, added enjoyment, increased access and increased property values. These special benefits are peculiar to lands within the district and differ in nature to those general or incidental benefits that landowners outside the district or the general public may enjoy. A district must also apportion or allocate its special assessments so that the assessments are fairly and reasonably distributed relative to the special benefit conferred. Generally speaking, this means the amount of special assessment levied on a parcel should not exceed the amount of special benefit enjoyed by that parcel. The District typically may develop and adopt an assessment methodology based on front footage, square footage, or any other reasonable allocation method, so long as the assessment meets the benefit requirement, and so long as the assessments are fairly and reasonably allocated. Since there is no change to the CIP associated with this bifurcation and exchange, the District s previous basic determination of special benefit remains valid. As stated above, the Series 2017B Assessments are allocated utilizing the methodology described in the 2011 Reports, which spread the Series 2011B Assessments among the District s lands so that the assigned assessment was less than or equal to the value of the special benefit conferred by the District s CIP. Since there is no expected revision to the CIP, allocating the Series 2017B Assessments in a manner consistent with those found in the 2011 Reports similarly yields a per-unit assessment which is fair and reasonable relative to the benefit conferred. The District will levy a maximum Series 2017B Assessment lien on the units shown in Table 4. This maximum lien is based on the Maturity Value of the Series 2017B Bonds. There are 112 units that will be subject to the Series 2017B Assessments. The Series 2017B Assessment Lien Roll is located at page A-4. VII. PREPAYMENT OF SERIES 2017B ASSESSMENTS Due to the repayment structure for the Series 2017B Assessments, there will likely be no prepayments of assessments in the traditional sense, except in the event the landowner wishes to prepay the assessment at the full maximum lien amount prior to sale, based on the amounts described in Table 4. VIII. ADDITIONAL STIPULATIONS Certain financing, development, and engineering data was provided by members of District staff and/or the Developer. The allocation methodology described herein was based on information provided by those professionals. Rizzetta & Company, Inc. makes no representations regarding said information transactions beyond restatement of the factual 4

131 CONCORDE ESTATES COMMUNITY DEVELOPMENT DISTRICT CAPITAL IMPROVEMENT REVENUE REFUNDING BONDS SERIES 2017B (CAPITAL APPRECIATION BOND) information necessary for compilation of this report. For additional information on the Series 2017B Bond structure and related items, please refer to the Indenture associated with this transaction. Rizzetta & Company, Inc., does not represent the community development district as a Municipal Advisor or Securities Broker nor is Rizzetta & Company, Inc., registered to provide such services as described in Section 15B of the Securities and Exchange Act of 1934, as amended. Similarly, Rizzetta & Company, Inc., does not provide the community development district with financial advisory services or offer investment advice in any form. 5

132 CONCORDE ESTATES COMMUNITY DEVELOPMENT DISTRICT CAPITAL IMPROVEMENT REVENUE REFUNDING BONDS SERIES 2017B (CAPITAL APPRECIATION BOND) EXHIBIT A: ALLOCATION METHODOLOGY 6

133 CONCORDE ESTATES COMMUNITY DEVELOPMENT DISTRICT CAPITAL IMPROVEMENT REVENUE REFUNDING BONDS - SERIES 2017B TABLE 1: CURRENT DEVELOPMENT PLAN PRODUCT Unexchanged Series 2011B Bonds Series 2017B Bonds Single Family 45' 0 64 Single Family 65' 28 1 Single Family 75' 2 5 Single Family 90' 6 23 Single Family 100' 0 19 TOTAL A-1

134 CONCORDE ESTATES COMMUNITY DEVELOPMENT DISTRICT CAPITAL IMPROVEMENT REVENUE REFUNDING BONDS - SERIES 2017B TABLE 2: CURRENT FINANCING INFORMATION - SERIES 2011B BONDS CURRENT SERIES 2011B BONDS Coupon Rate 5.00% Maturity Date November 1, 2017 Current Outstanding Principal $5,810,000 (1) UNEXCHANGED SERIES 2011B BONDS Current Outstanding Principal $2,940,000 (1) Maturity Value. TABLE 3: FINANCING INFORMATION - SERIES 2017B BONDS Coupon Rate 5.00% Maturity Date November 1, 2027 Initial Principal Amount $2,871, MATURITY VALUE $4,705, A-2

135 CONCORDE ESTATES COMMUNITY DEVELOPMENT DISTRICT CAPITAL IMPROVEMENT REVENUE BONDS - SERIES 2011 TABLE 4: MAXIMUM SERIES 2017B LIEN MAX PRODUCT UNITS EAU TOTAL PRINCIPAL PRINCIPAL PER UNIT T Single Family 45' $2,167, $33, Single Family 65' $37, $37, Single Family 75' $216, $43, Single Family 90' $1,211, $52, Single Family 100' $1,072, $56, TOTAL 112 $4,705, A-3

136 CONCORDE ESTATES COMMUNITY DEVELOPMENT DISTRICT SERIES 2017B ASSESSMENT LIEN ROLL PARCEL ID OWNER PRODUCT TYPE MAX SERIES 2017B PRINCIPAL MAXCY DEV GROUP HOLDINGS-CONCORDE ESTATES INC 45A2 $33, MAXCY DEV GROUP HOLDINGS-CONCORDE ESTATES INC 45A2 $33, MAXCY DEV GROUP HOLDINGS-CONCORDE ESTATES INC 45A2 $33, MAXCY DEV GROUP HOLDINGS-CONCORDE ESTATES INC 45A2 $33, MAXCY DEV GROUP HOLDINGS-CONCORDE ESTATES INC 45A2 $33, MAXCY DEV GROUP HOLDINGS-CONCORDE ESTATES INC 45A2 $33, MAXCY DEV GROUP HOLDINGS-CONCORDE ESTATES INC 45A2 $33, MAXCY DEV GROUP HOLDINGS-CONCORDE ESTATES INC 45A2 $33, MAXCY DEV GROUP HOLDINGS-CONCORDE ESTATES INC 45A2 $33, MAXCY DEV GROUP HOLDINGS-CONCORDE ESTATES INC 45A2 $33, MAXCY DEV GROUP HOLDINGS-CONCORDE ESTATES INC 45A2 $33, MAXCY DEV GROUP HOLDINGS-CONCORDE ESTATES INC 45A2 $33, MAXCY DEV GROUP HOLDINGS-CONCORDE ESTATES INC 45A2 $33, MAXCY DEV GROUP HOLDINGS-CONCORDE ESTATES INC 45A2 $33, MAXCY DEV GROUP HOLDINGS-CONCORDE ESTATES INC 45A2 $33, MAXCY DEV GROUP HOLDINGS-CONCORDE ESTATES INC 45A2 $33, MAXCY DEV GROUP HOLDINGS-CONCORDE ESTATES INC 45A2 $33, MAXCY DEV GROUP HOLDINGS-CONCORDE ESTATES INC 45A2 $33, MAXCY DEV GROUP HOLDINGS-CONCORDE ESTATES INC 45A2 $33, MAXCY DEV GROUP HOLDINGS-CONCORDE ESTATES INC 45A2 $33, MAXCY DEV GROUP HOLDINGS-CONCORDE ESTATES INC 45A2 $33, MAXCY DEV GROUP HOLDINGS-CONCORDE ESTATES INC 45A2 $33, MAXCY DEV GROUP HOLDINGS-CONCORDE ESTATES INC 45A2 $33, MAXCY DEV GROUP HOLDINGS-CONCORDE ESTATES INC 45A2 $33, MAXCY DEV GROUP HOLDINGS-CONCORDE ESTATES INC 45A2 $33, MAXCY DEV GROUP HOLDINGS-CONCORDE ESTATES INC 45A2 $33, MAXCY DEV GROUP HOLDINGS-CONCORDE ESTATES INC 45A2 $33, MAXCY DEV GROUP HOLDINGS-CONCORDE ESTATES INC 45A2 $33, MAXCY DEV GROUP HOLDINGS-CONCORDE ESTATES INC 45A2 $33, MAXCY DEV GROUP HOLDINGS-CONCORDE ESTATES INC 45A2 $33, MAXCY DEV GROUP HOLDINGS-CONCORDE ESTATES INC 45A2 $33, MAXCY DEV GROUP HOLDINGS-CONCORDE ESTATES INC 45A2 $33, MAXCY DEV GROUP HOLDINGS-CONCORDE ESTATES INC 45A2 $33, MAXCY DEV GROUP HOLDINGS-CONCORDE ESTATES INC 45A2 $33, MAXCY DEV GROUP HOLDINGS-CONCORDE ESTATES INC 45A2 $33, MAXCY DEV GROUP HOLDINGS-CONCORDE ESTATES INC 45A2 $33, MAXCY DEV GROUP HOLDINGS-CONCORDE ESTATES INC 45A2 $33, AVEX HOMES LLC 45A2 $33, AVEX HOMES LLC 45A2 $33, AVEX HOMES LLC 45A2 $33, AVEX HOMES LLC 45A2 $33, AVEX HOMES LLC 45A2 $33, MAXCY DEV GROUP HOLDINGS-CONCORDE ESTATES INC 45A2 $33, MAXCY DEV GROUP HOLDINGS-CONCORDE ESTATES INC 45A2 $33, MAXCY DEV GROUP HOLDINGS-CONCORDE ESTATES INC 45A2 $33, MAXCY DEV GROUP HOLDINGS-CONCORDE ESTATES INC 45A2 $33, MAXCY DEV GROUP HOLDINGS-CONCORDE ESTATES INC 45A2 $33, MAXCY DEV GROUP HOLDINGS-CONCORDE ESTATES INC 45A2 $33, MAXCY DEV GROUP HOLDINGS-CONCORDE ESTATES INC 45A2 $33, MAXCY DEV GROUP HOLDINGS-CONCORDE ESTATES INC 45A2 $33, MAXCY DEV GROUP HOLDINGS-CONCORDE ESTATES INC 45A2 $33, MAXCY DEV GROUP HOLDINGS-CONCORDE ESTATES INC 45A2 $33, MAXCY DEV GROUP HOLDINGS-CONCORDE ESTATES INC 45A2 $33, MAXCY DEV GROUP HOLDINGS-CONCORDE ESTATES INC 45A2 $33, A-4

137 MAXCY DEV GROUP HOLDINGS-CONCORDE ESTATES INC 45A2 $33, MAXCY DEV GROUP HOLDINGS-CONCORDE ESTATES INC 45A2 $33, MAXCY DEV GROUP HOLDINGS-CONCORDE ESTATES INC 45A2 $33, MAXCY DEV GROUP HOLDINGS-CONCORDE ESTATES INC 45A2 $33, MAXCY DEV GROUP HOLDINGS-CONCORDE ESTATES INC 45A2 $33, MAXCY DEV GROUP HOLDINGS-CONCORDE ESTATES INC 45A2 $33, MAXCY DEV GROUP HOLDINGS-CONCORDE ESTATES INC 45A2 $33, MAXCY DEV GROUP HOLDINGS-CONCORDE ESTATES INC 45A2 $33, MAXCY DEV GROUP HOLDINGS-CONCORDE ESTATES INC 45A2 $33, MAXCY DEV GROUP HOLDINGS-CONCORDE ESTATES INC 45A2 $33, MAXCY DEV GROUP HOLDINGS-CONCORDE ESTATES INC 90A2 $52, MAXCY DEV GROUP HOLDINGS-CONCORDE ESTATES INC 90A2 $52, MAXCY DEV GROUP HOLDINGS-CONCORDE ESTATES INC 90A2 $52, MAXCY DEV GROUP HOLDINGS-CONCORDE ESTATES INC 90A2 $52, AVEX HOMES LLC 90A2 $52, AVEX HOMES LLC 90A2 $52, AVEX HOMES LLC 90A2 $52, AVEX HOMES LLC 90A2 $52, AVEX HOMES LLC 90A2 $52, AVEX HOMES LLC 90A2 $52, AVEX HOMES LLC 90A2 $52, MAXCY DEV GROUP HOLDINGS-CONCORDE ESTATES INC 75A2 $43, MAXCY DEV GROUP HOLDINGS-CONCORDE ESTATES INC 75A2 $43, MAXCY DEV GROUP HOLDINGS-CONCORDE ESTATES INC 75A2 $43, AVEX HOMES LLC 75A2 $43, AVEX HOMES LLC 75A2 $43, MAXCY DEV GROUP HOLDINGS-CONCORDE ESTATES INC 100A2 $56, MAXCY DEV GROUP HOLDINGS-CONCORDE ESTATES INC 100A2 $56, MAXCY DEV GROUP HOLDINGS-CONCORDE ESTATES INC 100A2 $56, MAXCY DEV GROUP HOLDINGS-CONCORDE ESTATES INC 100A2 $56, MAXCY DEV GROUP HOLDINGS-CONCORDE ESTATES INC 100A2 $56, MAXCY DEV GROUP HOLDINGS-CONCORDE ESTATES INC 100A2 $56, MAXCY DEV GROUP HOLDINGS-CONCORDE ESTATES INC 90A2 $52, MAXCY DEV GROUP HOLDINGS-CONCORDE ESTATES INC 90A2 $52, MAXCY DEV GROUP HOLDINGS-CONCORDE ESTATES INC 90A2 $52, MAXCY DEV GROUP HOLDINGS-CONCORDE ESTATES INC 90A2 $52, MAXCY DEV GROUP HOLDINGS-CONCORDE ESTATES INC 90A2 $52, MAXCY DEV GROUP HOLDINGS-CONCORDE ESTATES INC 90A2 $52, MAXCY DEV GROUP HOLDINGS-CONCORDE ESTATES INC 90A2 $52, MAXCY DEV GROUP HOLDINGS-CONCORDE ESTATES INC 90A2 $52, MAXCY DEV GROUP HOLDINGS-CONCORDE ESTATES INC 90A2 $52, MAXCY DEV GROUP HOLDINGS-CONCORDE ESTATES INC 90A2 $52, MAXCY DEV GROUP HOLDINGS-CONCORDE ESTATES INC 90A2 $52, MAXCY DEV GROUP HOLDINGS-CONCOREDE EST INC 90A2 $52, MAXCY DEV GROUP HOLDINGS-CONCORDE ESTATES INC 65A2 $37, AVEX HOMES LLC 100A2 $56, AVEX HOMES LLC 100A2 $56, MAXCY DEV GROUP HOLDINGS-CONCORDE ESTATES INC 100A2 $56, MAXCY DEV GROUP HOLDINGS-CONCORDE ESTATES INC 100A2 $56, MAXCY DEV GROUP HOLDINGS-CONCORDE ESTATES INC 100A2 $56, MAXCY DEV GROUP HOLDINGS-CONCORDE ESTATES INC 100A2 $56, AVEX HOMES LLC 100A2 $56, AVEX HOMES LLC 100A2 $56, AVEX HOMES LLC 100A2 $56, MAXCY DEV GROUP HOLDINGS-CONCORDE ESTATES INC 100A2 $56, MAXCY DEV GROUP HOLDINGS-CONCORDE ESTATES INC 100A2 $56, MAXCY DEV GROUP HOLDINGS-CONCORDE ESTATES INC 100A2 $56, MAXCY DEV GROUP HOLDINGS-CONCORDE ESTATES INC 100A2 $56, $4,705, A-5

138

139 RESOLUTION A RESOLUTION OF THE BOARD OF SUPERVISORS (THE "BOARD") OF THE CONCORDE ESTATES COMMUNITY DEVELOPMENT DISTRICT (THE "DISTRICT") EQUALIZING, APPROVING, CONFIRMING, AND LEVYING SPECIAL.ASSESSMENTS TO SECURE THE DISTRICT'S CAPITAL IMPROVEMENT REVENUE REFUNDING BONDS, SERIES 2017B RELATING TO THE BIFURCATION AND EXCHANGE OF A PORTION OF THE DISTRICT'S OUTSTANDING CAPITAL IMPROVEMENT REVENUE REFUNDING BONDS, SERIES 2011B; INDICATING THE LOCATION, NATURE AND ESTIMATED COST OF THE IMPROVEMENTS FINANCED IN PART BY THE DISTRICT'S CAPITAL IMPROVEMENT REVENUE REFUNDING BONDS, SERIES 2017B; PROVIDING THE MANNER IN WHICH SUCH SPECIAL ASSESSMENTS SHALL BE ASSESSED, IMPOSED AND LEVIED; PROVIDING WHEN SUCH SPECIAL ASSESSMENTS SHALL BE ASSESSED, IMPOSED, AND LEVIED; DESIGNATING LANDS UPON WHICH THE SPECIAL ASSESSMENTS SHALL BE IMPOSED AND LEVIED; EQUALIZING, APPROVING, CONFIRMING, IMPOSING AND LEVYING SPECIAL ASSESSMENTS ON PROPERTY SPECIALLY AND PECULIARLY BENEFITTED BY SUCH IMPROVEMENTS; PROVIDING FOR THE PAYMENT AND THE COLLECTION OF SUCH SPECIAL ASSESSMENTS BY THE METHODS PROVIDED FOR BY CHAPTERS 170, 190, AND 197 FLORIDA STATUTES; CONFIRMING THE DISTRICT'S INTENTION TO ISSUE THE SERIES 2017B REFUNDING BONDS; PROVIDING FOR SEVERABILITY, CONFLICTS AND AN EFFECTIVE DATE. BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE CONCORDE ESTATES COMMUNITY DEVELOPMENT DISTRICT AS FOLLOWS: SECTION 1. AUTHORITY FOR THIS RESOLUTION. This Resolution is adopted pursuant to Chapters 170 and 190 Florida Statutes, including specifically, Section , Florida Statutes. SECTION 2. FINDINGS. The Board hereby finds and determines as follows: (a) The District is a local unit of special purpose government duly organized and existing under the provisions of the Uniform Community Development District Act of 1980, Chapter 190, Florida Statutes, as amended (the "Act"), and established pursuant to an Ordinance duly enacted by the Board of County Commissioners of Osceola County, Florida, for the purpose of delivering certain community development services and facilities for the benefit of land within the District; and (b) The District was established for the purpose of delivering certain community development services and facilities and is managed by Rizzetta & Company, 8529 South park Circle, Suite 330, Orlando Florida (the "District Manager''); and

140 (c) Pursuant to Resolution No , adopted by the Board on November 25, 2003, as supplemented, the District authorized the issuance, sale and delivery of not to exceed $45,000,000 in aggregate principal amount of its Bonds, which Bonds were validated by final judgment of the Ninth Judicial Circuit Court in and for Osceola County, Florida on January 27, 2004; and (d) The District issued $9,620,000 aggregate principal amount of Capital Improvement Revenue Bonds, Series 2004A (the "2004A Bonds") and $20,400,000 aggregate principal amount of Capital Improvement Revenue Bonds, Series 2004B (the "2004B Bonds ) and, together with the 2004A Bonds, the "Series 2004 Bonds"), for the purpose of financing certain drainage, sewer, storm water management and other improvements (the "Improvements"), and (e) The Board duly adopted Resolution No , on January 9, 2004, providing for the acquisition, construction and installation of assessable capital improvements (the "Capital Improvement Program"), providing estimated Costs of the Capital Improvement Program, defining assessable property to be benefited by the Capital Improvement Program, defining the portion of the Costs of the Capital Improvement Program with respect to which assessments (the "Assessments") will be imposed and the manner in which such Assessments shall be levied against such benefited property within the District, directing the preparation of an assessment roll, and, stating the intent of the District to issue bonds of the District secured by such Assessments to finance the costs of the acquisition, construction and installation of the Capital Improvement Program and the Board duly adopted Resolution No , on March 14, 2004, following a public hearing conducted in accordance with the Act, to fix and establish the Assessments and the benefited property; and (f) The District financed a portion of the District's Capital Improvement Program with proceeds of the Series 2004 Bonds (the "2004 Project") with respect to which Assessments were imposed (the "2004 Assessments"); and (g) A portion of the 2004 Assessments securing the 2004 Bonds imposed, levied and collected by the District on lands within the District specially benefited by the 2004 Project (the "Delinquent Lands") became delinquent (the "Delinquent 2004 Assessments"), and such Delinquent 2004 Assessments constituted a lien on Delinquent Land in accordance with Florida law; and 2

141 (h) Pursuant to Resolution No adopted by the Board on July 8, 2011, the District issued its $4,145,000 aggregate principal amount of Concorde Estates Community Development District Capital Improvement Revenue Refunding Bonds, Series 2011A-1 (the "Series 2011A-1 Bonds"), $2,294, initial principal amount of Concorde Estates Community Development District Capital Improvement Revenue Refunding Bonds, Series 2011A-2 (the "Series 2011A-2 Bonds" and, together with the Series 2011A-1 Bonds, the "Series 2011A Bonds") and $5,152, initial principal amount of Concorde Estates Community Development District Capital Improvement Revenue Refunding Bonds, Series 2011B (the "Series 2011B Bonds" and together with the Series 2011A Bonds, the "Series 2011AB Bonds"); and (i) The Series 2011A Bonds were issued in exchange for $5,265,000 aggregate principal amount of the Outstanding 2004A Bonds, and the Series 2011B Bonds were issued in exchange for $6,330,000 aggregate principal amount of the Outstanding 2004B Bonds; and (j) Upon issuance of the Series 2011A Bonds in exchange for a portion of the 2004A Bonds, $3,305,000 aggregate principal amount of 2004A Bonds remained Outstanding (the "Unexchanged 2004A Bonds") and $3,980,000 aggregate principal amount of 2004B Bonds remained Outstanding (the "Unexchanged 2004B Bonds"); and (k) The Unexchanged 2004A Bonds and the Unexchanged 2004B Bonds are still outstanding under the 2004 Indenture, and no change is contemplated with respect to such Unexchanged Bonds under this Resolution; and (l) Contemporaneously with the issuance of the Series 2011AB Bonds, and in order to avoid foreclosure and extinguishment of the lien of the 2004 Assessments, Maxcy Development Group Holdings Concorde Estates, Inc., a Florida corporation (the "SPE") was created as a special purpose entity to take title to certain portions of the Delinquent Lands for the benefit of the holders of the 2004 Bonds; and (m) The Series 2011B Bonds are payable from and secured solely by assessments imposed, levied and collected by the District with respect to property specially benefited by the 2004 Project (the "Series 2011B Assessments") which, together with the Funds and Accounts established under the Second Supplemental Indenture, as amended, for the benefit of the Series 2011B Bonds, comprise the Series 2011B Trust Estate; and (n) Pursuant to the Supplemental Special Assessment Allocation Report for 3

142 Concorde Estates Community Development District dated July 8, 2011, inter alia, the Series 2011A-2 Assessments and Series 2011B Assessments were allocated across the Delinquent Lands; and (o) The repositioning of the Delinquent Lands has proceeded at a slower rate than as anticipated at the time the Series 2011B Bonds were issued and consequently the District's receipt of Series 2011B Assessments has been slower than expected; and (p) The SPE has entered into a lot purchase agreement with a third party for the sale of certain portions of the Delinquent Lands, and the SPE and the 2011B Bondholders now desire to have the Trustee and the District provide for the bifurcation (the "Bifurcation") of the currently $5,810,000 in aggregate principal amount of the Outstanding Series 2011B Bonds into $3,960,000 in principal amount of Series 2011B Bonds that will be exchanged for the Series 2017B Bonds (the "Exchanged Series 2011B Bonds") and $1,855,000 in principal amount of Series 2011B Bonds that will remain outstanding (the "Unexchanged Series 2011B Bonds"); and (q) Pursuant to Resolution , the Board determined that the Bifurcation and the exchange (the "Exchange") of the Exchanged Series 2011B Bonds for $3,960,000 initial principal amount of Concorde Estates Community Development District Capital Improvement Revenue Refunding Bonds, Series 2017B (Capital Appreciation Bonds) (the "Series 2017B Bonds") will facilitate the repositioning of the Series 2011B Bonds in a manner consistent with the development status of the respective portions of property securing the Exchanged Series 2011B Bonds and the Unexchanged Series 2011B Bonds and will be in the best interest of the District by securing the future receipt of Assessments; and (r) Pursuant to Resolution , the Board determined it is in the best interest of the District to secure the Series 2017B Bonds through the imposition of special assessments pursuant to Florida law, including Chapters 170, 190, and 197, Florida Statutes (the "2018 Assessments"); and (s) The District is empowered by Chapters 170, 190 and 197, Florida Statutes, to finance, fund, plan, establish, acquire, construct or reconstruct, enlarge or extend, equip, operate, and maintain the Improvements and to impose, levy and collect special or non-ad valorem assessments; and (t) Pursuant to Resolution No , the Board determined that benefits have and 4

143 will accrue to the land within the District, the amount of those benefits, and that special assessments will be made in proportion to the benefits received as set forth in the Final Supplemental Special Assessment Allocation Report, dated October 25, 2017 (the "2017 Supplemental Methodology Report"), which is incorporated herein by reference and is on file at the District Manager's Office. (u) Resolution was adopted in compliance with the requirements of Section , Florida Statutes and with the requirements of Section , Florida Statutes, and prior to the time the same was adopted, the requirements of Section , Florida Statutes had been complied with. (v) Resolution , was published as required by Section , Florida Statutes, and a copy of the publisher's affidavit of publication is on file with the District Manager and notice was mailed to each landowner in the District. (w) A preliminary assessment roll has been prepared and filed with the Board as required by Section , Florida Statutes. (x) As required by Section , Florida Statutes, upon completion of the preliminary assessment roll, the Board adopted Resolution fixing the time and place of a public hearing at which owners of the property to be assessed and other persons interested therein may appear before the Board and be heard as to (i) the propriety and advisability of the 2018 Assessments, (ii) the cost thereof, (iii) the manner of payment therefor, and (iv) the amount thereof to be assessed against each specially benefited property. (y) At the time and place specified in Resolution and the notice mailed to all of the effected landowners within the District, the Board met as an equalization board, conducted such public hearing and heard and considered all comments and complaints as to the matters described above, and based thereon, has made such modifications in the preliminary assessment roll as it deems desirable in the making of the final assessment roll. (z) Having considered the complaints and evidence presented at such public hearing, the Board finds and determines: (i) that the cost of the Exchange as specified in the 2017 Supplemental Methodology Report are reasonable and proper and in the best interest of the District; and (ii) it is reasonable, proper, just and right to assess such costs against the properties specially benefited thereby (the "Benefited Parcels") using the methods determined 5

144 by the Board, which results in the 2018 Assessments set forth on the assessment roll which is part of the 2017 Supplemental Methodology Report; and (iii) it is hereby declared that the financing and refinancing of the Improvements constitutes a special benefit to all Benefited Parcels listed on the assessment roll set forth in the 2017 Supplemental Methodology Report and that the benefit, in the case of each such parcel, will be equal to or in excess of the 2018 Assessments thereon; and (iv) it is desirable that the 2018 Assessments be paid and collected as herein provided. SECTION 3. DEFINITIONS. Capitalized words and phrases used herein but not defined herein shall have the meaning given to them in the 2017 Supplemental Methodology Report. SECTION 4. AUTHORIZATION OF EXCHANGE. The Bifurcation and Exchange of the Exchanged Series 2011B Bonds as described in Resolution is hereby authorized and approved and the proper officers, employees and agents of the District are hereby authorized and directed to take such further action as may be necessary or desirable to cause the same to be consummated. SECTION 5. ESTIMATED COST OF EXCHANGE AND OTHER MATTERS. The 2018 Assessments shall be levied to defray the cost of the Exchange. The nature and general location of, and plans and specifications for the existing Improvements as described in the District's Improvements are incorporated herein by reference and are on file at the District Manager's Office. The 2018 Assessments will be used to secure the Series 2017B Refunding Bonds in an estimated par amount of $, which includes the cost of the refinancing of the Exchanged Series 2011B Bonds, the cost of issuance of the Series 2017B Refunding Bonds, debt service reserves, refunding escrows, and other financing and refinancing expenses. The manner in which the 2018 Assessments shall be apportioned and paid is set forth in the 2017 Supplemental Methodology Report. There is on file, at the District Manager's office an assessment plat showing the areas to be assessed which shall be open to inspection by the public. SECTION 6. EQUALIZATION, APPROVAL, CONFIRMATION AND LEVY OF ASSESSMENTS. The 2018 Assessments on the Benefited Parcels, all as specified in the assessment roll contained within the 2017 Supplemental Methodology Report, are hereby 6

145 equalized, approved, confirmed and levied. Promptly following the adoption of this resolution, those 2018 Assessments shall be recorded by the Secretary of the Board of the District in a special book, to be known as the "Improvement Lien Book." The 2018 Assessments against the Benefited Parcels shown on such final assessment roll and interest and penalties thereon, as hereafter provided, shall be and shall remain a legal, valid and binding first lien on such Benefited Parcels until paid; such liens shall be coequal with the lien of all state, county, district and municipal taxes and special assessments, and superior in dignity to all other liens, titles, and claims. SECTION 7. PAYMENT OF 2018 ASSESSMENTS. The 2018 Assessments for the Series 2017B Refunding Bonds shall be payable in substantially equal annual installments of principal and interest over a period of 10 years, in the principal amounts set forth in the 2017 Supplemental Methodology Report, together with interest at the coupon rate of the Series 2017B Refunding Bonds, such interest to be calculated on the basis of a 360 day year consisting of 12 months of thirty days each, plus the District's costs of collection and assumed discounts for assessments paid in November; provided, however, that any owner of land against which a 2018 Assessment has been levied may pay the entire principal balance of such 2018 Assessment, in whole at any time or in part one time, if there is also paid an amount equal to the interest that would otherwise be due on such balance to the earlier of the next succeeding November 1 or May 1, which is at least 45 days after the date of payment SECTION 8. PAYMENT OF BONDS; REFUNDS FOR OVERPAYMENT. Upon payment of all of the principal and interest on the Series 2017B Refunding Bonds secured by the 2018 Assessments, the 2018 Assessments theretofore securing the Bonds shall no longer be levied by the District. If, for any reason, 2018 Assessments are overpaid or excess 2018 Assessments are collected, or if, after repayment of the Bonds the Trustee makes payment to the District of excess amounts held by it pursuant to the Bond Indenture, such overpayment or excess amount or amounts shall be refunded to the person or entity who paid the assessment. SECTION 9. PENALTIES, CHARGES, DISCOUNTS, AND COLLECTION PROCEDURES. The 2018 Assessments shall be subject to a penalty at a rate of one percent (1%) per month if not paid when due under the provisions of F1orida Statutes, Chapter 170 or the corresponding provisions of subsequent law. However, the District anticipates using the "uniform method for the levy, collection and enforcement of non-ad 7

146 valorem assessment" as provided by Florida Statutes, Chapter 197 for the 2018 Assessments. Accordingly, the 2018 Assessments shall be subject to all collection provisions to which non-ad valorem assessments must be subject in order to qualify for collection pursuant to Florida Statutes, Chapter 197, as such provisions now exist and as they may exist from time to time hereafter in Chapter 197 or in the corresponding provision of subsequent laws. Without limiting the foregoing, at the present time such collection provisions include provisions relating to discount for early payment, prepayment by installment method, deferred payment, penalty for delinquent payment, and issuance and sale of tax certificates and tax deeds for nonpayment. SECTION 10. CONFIRMATION OF INTENTION TO ISSUE CAPITAL IMPROVEMENT REVENUE REFUNDING BONDS. The Board hereby confirms its intention to issue Series 2017B Refunding Bonds to provide funds to refund the Exchanged Series 2011B Bonds. SECTION 11. SEVERABILITY. If any Section or part of a Section of this Resolution be declared invalid or unconstitutional, the validity, force and effect of any other Section or part of a Section of this resolution shall not thereby be affected or impaired unless it clearly appears that such other Section or part of a Section of this resolution is wholly or necessarily dependent upon the Section or part of a Section so held to be invalid or unconstitutional. SECTION 12. CONFLICTS. All resolutions or parts thereof in conflict herewith are, to the extent of such conflict, superseded and repealed. SECTION 13. EFFECTIVE DATE. This resolution shall become effective upon its adoption this 24 th day of January, ADOPTED this 24 th day of January, [SEAL] ATTEST: CONCORDE ESTATES COMMUNITY DEVELOPMENT DISTRICT Assistant Secretary By: Chairman, Board of Supervisors 8

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148 Tab 7

149 BamTrees.com 1250 Wolsey Dr Maitland, Fl / TCIA Member ISA Member ISA Fl Chapter Proposal/Agreement Performed according to ANSI Z133 industry safety standards for tree care, unless noted otherwise. Concorde Estates CDD 3151 Georgian Bay Lane Kissimmee, Fl (C Richard McGath MGR) Type of Work Clean Thin Raise Reduce Other Objectives and Specifications See back for definitions, terms, and conditions. Amount As agreed Tree work per "Scope of Work" addendum to include all removals, stump grinding plus backfilling holes as depicted on maps received from Richard

150 Arborist: Mark Saville Date: 12/22/17 "Quality work for a fair price." This proposal is valid for days Total $19925 Work authorization: All prices, specifications, and terms of this proposal are satisfactory, understood, and hereby accepted. Signature: Date: Terms and Conditions It is agreed by and between BamTrees and the authorizing party (customer and/or customer s agent) that the following provisions are made as part of this contract: Insurance by Contractor: BamTrees warrants that it is insured for liability resulting from injury to person(s) or property and that all employees are covered by Workers Compensation as required by law. Certificates of coverage are available upon request. Cancellation Fee: BamTrees kindly requests that the authorizing party provide at least 24 hours advance notice of any full or partial work cancellation. If a crew has been dispatched to the job site, the customer will be assessed a mobilization fee of $ for incurred expenses. Completion of Contract: BamTrees agrees to do its best to meet any agreed upon performance dates, but shall not be liable in damages or otherwise for delays because of inclement weather, labor, or any other cause beyond its control; nor shall the customer be relieved of completion for delays. Tree Ownership: The authorizing party warrants that all trees listed are located on the customer s property, and, if not, that the authorizing party has received full permission from the owner to allow BamTrees to perform the specified work. Should any tree be mistakenly identified as to ownership, the customer agrees to indemnify BamTrees for any damages or costs incurred from the result thereof. Safety: BamTrees warrants that all arboricultural operations will follow the latest version of the ANSI Z133.1 industry safety standards. The authorizing party agrees to not enter the work area during arboricultural operations unless authorized by the crew leader on-site. ANSI A300 Tree Care Standard Definitions: The following definitions apply to specifications detailed in this proposal. Clean: Selective pruning to remove one or more of the following parts: dead, diseased, and/or broken branches. Unless noted otherwise on this proposal, all cleaning will be of branches identified during consultation. Crown: The leaves and branches of a tree measured from the lowest branch on the trunk to the top of the tree. Leader: A dominant or co-dominant, upright stem. Raise: Selective pruning to provide vertical clearance. Reduce: Selective pruning to decrease height and/or spread by removing specified branches. Restore: Selective pruning to improve the structure, form, and appearance of trees that have been severely headed, vandalized, or damaged. Thin: Selective pruning to reduce density of live branches, usually by removing entire branches. Vista pruning: Selective pruning to allow a specific view, usually by creating view windows through the tree s crown. Stump Removal: Unless specified in the proposal, stump removal is not included in the price quoted. Grindings from stump removal are not hauled unless specified in this proposal. Surface and subsurface roots beyond the stump are not removed unless specified in this proposal. Concealed Contingencies: Any additional work or equipment required to complete the work, caused by the authorizing party s failure to make known or caused by previously unknown foreign material in the trunk, the branches, underground, or any other condition not apparent in estimating the work specified, shall be paid for by the customer on a time and material basis. BamTrees is not responsible for damages to underground sprinklers, drain lines, invisible fences or underground cables unless the system(s) are adequately and accurately mapped by the authorizing party and a copy is presented before or at the time the work is performed.

151 Clean-up: Clean-up shall include removing wood, brush, and clippings, and raking of the entire area affected by the specified work, unless noted otherwise on this proposal. Lawn Repair: BamTrees will attempt to minimize all disturbances to the customer s lawn. Lawn repairs are not included in the contract price, unless noted otherwise on this proposal. Terms of Payment: Unless otherwise noted in this proposal, the customer agrees to pay the account in full upon work completion, excluding stump grinding which is performed within 24hrs. Failure to remit full payment within the payment term will result in a finance charge of 15% per month. Returned Check Fee: There will be a $75 fee charged for all checks returned to our office for non-sufficient funds.

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153 December 06, 2017 Page 1 of 3 Proposal for Extra Work at Concord Estates CDD Property Name Property Address Project Name Project Description Concord Estates CDD Contact Anthony Jeancola 3151 Georgia Bay Lane To Concord Estates CDD Kissimmee, FL Billing Address c/o Rizzetta & Company 8529 South Park Cir Ste 330 Orlando, FL Failed Tree Removal Remove failed trees around community Scope of Work QTY UoM/Size LUMP SUM LUMP SUM LUMP SUM LUMP SUM LUMP SUM LUMP SUM LUMP SUM LUMP SUM LUMP SUM LUMP SUM LUMP SUM LUMP SUM Material/Description Tree Removal Live oak #1, Failed Live oak shall be removed with resulting debris and stump flush cut as close to current grade level as possible. Tree Removal Live oak #2, Failed Live oak shall be removed with resulting debris and stump flush cut as close to current grade level as possible. Tree Removal Live oak #3, Failed Live oak shall be removed with resulting debris and stump flush cut as close to current grade level as possible Tree Removal Live oak #4, Failed Live oak shall be removed with resulting debris and stump flush cut as close to current grade level as possible. Tree Removal Live oak #5, Failed oak Cluster shall be removed with resulting debris and stump flush cut as close to current grade level as possible. Tree Removal Live oak #6, Failed Live oak shall be removed with resulting debris and stump flush cut as close to current grade level as possible Tree Removal Live oak #7, Failed Live oak shall be removed with resulting debris and stump flush cut as close to current grade level as possible. Tree Removal Live oak #8, 9, 10 & 11, Failed oaks shall be removed with resulting debris and stumps flush cut as close to current grade level as possible. Tree Removal Live oak #12, 13, 14 & 15, Failed oaks shall be removed with resulting debris and stumps flush cut as close to current grade level as possible. Stump Grinding: Live oak #1, Stump shall be ground 6 to 8 inches below current grade level with resulting hole backfilled. Stump Grinding: Live oak #2, Stump shall be ground 6 to 8 inches below current grade level with resulting hole backfilled. Stump Grinding: Live oak #3, Stump shall be ground 6 to 8 inches below current grade level with resulting hole backfilled. THIS IS NOT AN INVOICE This proposal is valid for 60 days unless otherwise approved by BrightView Landscape Services, Inc. 103 West 7th Street, Orlando, FL ph. (407) fax (407)

154 December 06, 2017 Page 2 of LUMP SUM LUMP SUM LUMP SUM LUMP SUM LUMP SUM LUMP SUM Proposal for Extra Work at Concord Estates CDD Stump Grinding: Live oak #4, Stump shall be ground 6 to 8 inches below current grade level with resulting hole backfilled. Stump Grinding: Live oak #5 Stump shall be ground 6 to 8 inches below current grade level with resulting hole backfilled. Stump Grinding: Live oak #6 Stump shall be ground 6 to 8 inches below current grade level with resulting hole backfilled. Stump Grinding: Live oak #7 Stump shall be ground 6 to 8 inches below current grade level with resulting hole backfilled Stump Grinding: Live oak #8, 9, 10 & 11, Stumps shall be ground 6 to 8 inches below current grade level with resulting holes backfilled. Stump Grinding: Live oak #12, 13, 14 & 15, Stumps shall be ground 6 to 8 inches below current grade level with resulting holes backfilled. Images Concord CDD East Tree Removals For internal use only SO# JOB# Service Line 330 Total Price THIS IS NOT AN INVOICE This proposal is valid for 60 days unless otherwise approved by BrightView Landscape Services, Inc. 103 West 7th Street, Orlando, FL ph. (407) fax (407) $20,346.00

155 December 06, 2017 Page 3 of 3

156 December 06, 2017 Page 1 of 3 Proposal for Extra Work at Concord Estates CDD Property Name Property Address Project Name Project Description Concord Estates CDD Contact Anthony Jeancola 3151 Georgia Bay Lane To Concord Estates CDD Kissimmee, FL Billing Address c/o Rizzetta & Company 8529 South Park Cir Ste 330 Orlando, FL Tree Stump Removal and Grinding Remove and Grind Remaining Stumps Scope of Work Concord Estates: 2210 Grasmere Parkway, Kissimmee, FL BrightView Tree Care Services proposes to provide Stump Removal Operations in various locations throughout Community, highly recommended stump removal operations to reduce risk of trip hazard for community. Recommended stump grinding shall grind stumps 6 to 8 inches below current grade level with resulting holes backfilled. All work shall conform to ANSI A-300 & Z-133 Work and Safety Standards. Work areas shall be left in a raked clean condition daily, with resulting debris removed from site Maps provided of Western side of Community & Eastern Side of Community. QTY UoM/Size Material/Description LUMP SUM LUMP SUM LUMP SUM LUMP SUM LUMP SUM LUMP SUM Stump Grinding Community West side: Live oak #1, 3, 4, 5, 9, 10, 11, 12, 13, 14, & 15. Stumps shall be ground 6 to 8 inches below current grade level with resulting hole backfilled Stump Grinding Community West side: Sycamore #6, 7 & 8, Stumps shall be ground 6 to 8 inches below current grade level with resulting holes backfilled Stump Grinding Community West side: Pine #2 Stump shall be ground 6 to 8 inches below current grade level with resulting hole backfilled. Stump Grinding Community East side: Very Large Oak #3 Stump shall be ground 6 to 8 inches below current grade level with resulting hole backfilled. Stump Grinding Community East side: Live oak #1 & 2 Stumps shall be ground 6 to 8 inches below current grade level with resulting holes backfilled. Stump Grinding Community East side: Elm #4, 5, 6, 7, 8, 9 & 10 Stumps shall be ground 6 to 8 inches below current grade level with resulting holes backfilled. THIS IS NOT AN INVOICE This proposal is valid for 60 days unless otherwise approved by BrightView Landscape Services, Inc. 103 West 7th Street, Orlando, FL ph. (407) fax (407)

157 December 06, 2017 Page 2 of 3 Proposal for Extra Work at Concord Estates CDD Images Concorde CDD West Stumps Concorde CDD East Stumps For internal use only SO# JOB# Service Line 330 Total Price THIS IS NOT AN INVOICE This proposal is valid for 60 days unless otherwise approved by BrightView Landscape Services, Inc. 103 West 7th Street, Orlando, FL ph. (407) fax (407) $5,370.00

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160 PROPOSAL TO: Concorde Estates CDD (Revised 1/11/18) SERVICE ADDRESS: 3151 Georgian Bay Lane Kissimmee FL THE DAVEY TREE EXPERT COMPANY..

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162 1/16/2018

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