Westside Community Development District

Agenda October 11, 2017

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Westside
Community Development District
135 W. Central Blvd., Suite 320, Orlando, FL 32801
Phone: 407-841-5524- Fax: 407-839-1526

October 4, 2017

Board of Supervisors Westside Community Development  District
Dear Board Members:

The Board of Supervisors of Westside Community Development District will meet Wednesday, October 11, 2017 at 11:00 AM at the Offices of Hanson, Walter  &  Associates,  8  Broadway Avenue, Suite 104, Kissimmee, FL 34741. Following is the advance agenda for the meeting:
Roll Call
Public Comment Period
Approval of Minutes of the September 6, 2017 Meeting
Public Hearing
A Consideration of the First Supplement to the Engineer's Report
Consideration of Assessment Methodology Report
Public Comment and Testimony
Consideration of Resolution 2018-01 Levying Assessments
Consideration of Toho Water Authority Maintenance Bond
Consideration of Agreement with Berger, Toombs, Elam, Gaines & Frank to Provide Auditing Services for the Fiscal Year 2017
Staff Reports
Attorney
Engineer
District Manager's Report
Approval of Check Register
Balance Sheet and Income Statement
Discussion of Direct Bill Status
Supervisor's Requests
Adjournment

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

The third order of business is the approval of the minutes of the September 6, 2017. The minutes have been enclosed for your review.

The fourth order of business opens the public hearing on the assessments for the Solara Phases 1 & 2 project. Section A is the consideration of the First Supplement to the Engineer's Report. A copy of the report is enclosed for your review. Section B is the consideration of the Assessment Methodology Report. A copy of the report is enclosed for your review. Section C is the public

comment and testimony and Section D is the consideration of Resolution 2018-01 levying assessments. A copy of the Resolution is enclosed for your review.

The fifth order of business is the consideration of the Toho Water Authority maintenance bond for the Westside force main conversion. A copy of the bond and correspondence is enclosed for your review.
The sixth order of business is the consideration of agreement with Berger, Toombs, Elam, Gaines & Frank to provide auditing services for the Fiscal Year 2017. A copy of the agreement is enclosed for your review.
The seventh order of business is the Staff Reports. Section C is the District Manager's Report. Section 1 includes the check register for approval and Section 2 includes the balance sheet and income statement for your review. Section 3 is the discussion of the direct bill status. A copy of the summary is enclosed for your review.
The balance of the agenda will be discussed at the meeting. In the meantime, if you have any questions, please contact me.

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Jason M. Showe District Manager

CC:	Jan Carpenter, District Counsel Santiago Machado, District Engineer Darrin Mossing, GMS
Enclosures

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MINUTES OF MEETING
WESTSIDE COMMUNITY DEVELOPMENT DISTRICT

A meeting of the Board of Supervisors of the Westside Community Development District was held Wednesday, September 6, 2017 at 11:00 a.m. at the offices of Hanson Walter & Associates, 8 Broadway Avenue, Suite 104, Kissimmee, Florida.

Present and constituting a quorum were:
Drew Abel Steven Kalberer Mike Dady Scott Stewart
Also present were:
George Flint Andrew d'Adesky Santiago Machado Brian Smith Darrin Mossing, Jr. Julie Santamaria Bennett Ruedas Tom Franklin
FIRST ORDER OF BUSINESS

Chairman Assistant Secretary
Assistant Secretary by phone Assistant Secretary

District Manager Latham Shuker District Engineer Field Manager OMS
RBC Capital Markets Mattamy Homes Franklin, Hart & Reid
Roll Call

Mr. Flint called the meeting to order and called the roll.

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

THIRD ORDER OF BUSINESS	Approval of the Minutes of the August 2,
2017 Board of Supervisors Meeting and Acceptance of the Minutes of the August 2, 2017 Audit Committee Meeting

On MOTION by Mr. Abel seconded by Mr. Stewart with all in favor the minutes of the August 2, 2017 Board meeting were approved and the August 2, 2017 committee meeting minutes were accepted.

September 6, 2017	Westside Community Development District

FOURTH ORDER OF BUSINESS	Financing Matters
Consideration of the First Supplement to the Engineer's Report
Mr. Flint stated there is a copy of the Engineer's Report in the agenda package and you were emailed a revised version incorporating some changes from Bond Counsel and possibly the Underwriter; the numbers are the same as you saw in the previous version.
Mr. Machado stated this report covers basically the construction costs for Solara Phase 1 and 2, Phase 1 being on the west side of Westside Boulevard located within the Phase 3 portion of Westside. The cost includes all improvements from earthwork, stormwater management, utilities, water storage reuse and landscaping.
Mr. d'Adesky stated it is similar to what we have done in other sections of the District. We are not doing anything in this section of the District that is unlike other portions of the District.
Mr. Flint stated basically what we are doing with this bond issue is creating a new assessment area that covers Solara Phases 1 and 2. Santiago has done a supplement to his Engineer's Report that covers that and we prepared a Master Assessment Methodology Report for Phases 1 and 2 but we are only going to issue bonds for Phase 1 so there will be a Supplemental Assessment Report just for Phase 1 once the bonds are priced. We are creating an assessment area for 1 and 2 but it is contemplated there will be two bond issues. We are doing a report that covers 1 and 2 from the Engineer and a Master Methodology that covers 1 and 2 but we are only issuing bonds on Phase 1. You will see a Supplemental Assessment Methodology just for Phase 1.
Mr. d'Adesky stated this applies generally to both the Engineer's Report and the
methodology and resolutions because they all have those numbers in them it is contemplated that a portion of that will be funded by developer contribution so the bonds won't necessarily be issued in the amount of $10 million.
The approval of the Engineer's Report and Methodology is included in Resolution 2017-

Consideration of Assessment Methodology Report

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September 6, 2017	Westside Community Development District

Mr. Flint stated next is the Master Assessment Methodology and this is for Phase 1 and 2 of the Solara development and I handed out a report and removal the draft stamp is the only change in what I handed out this morning versus what you have seen previously.
Table 1 is the development plan for Phases 1 and 2 and there are a total of 3 12 units in Phase 1 comprised of 40s, 50s and townhomes and in Phase 2 there are 243 single-family units, total 555 units in both phases and as far as the ERU there are 625.6 equivalent residential units. Table 2 is the infrastructure cost estimates that were included in the Engineer's Report and the District Phase 1 and Phase 2 improvements total $10.2 million again, we are doing a Master Methodology on all $10.2 million but intend to only issue bonds on Phase 1, the $5.7 million at this point. Table 3 is a bond sizing and these are conservative interest rate estimates because we are setting a ceiling with the master methodology and will come back later based on target assessment rates and these numbers will be adjusted based on what the target assessment rates are but right now we are setting that ceiling. With the $10.2 million construction estimate we included one year maximum annual debt for debt service reserve, capitalized interest for 18 months, underwriter's discount at 2%, cost of issuance contemplating two bond issues of
$350,000 and $74,000 to round it to a par amount of $13 million. We have included an interest rate of 6%, 30-year amortization period. We anticipate the interest rate is going to come in lower than that and we don't anticipate that we will fully fund the construction estimates, we will fund up to the target assessments. Table 4 is the allocation of improvement cost per unit this is merely taking the $10.2 million and allocating it to the product type. Table 5 is taking the par debt per unit and allocating that par debt per unit to the different product types. Table 6 is the annual assessment for each product type if we were to issue bonds at 6% for the entire $10.2 million improvement plan you can see what the per unit assessment amounts are. These are higher than what we anticipate we are actually going to issue at this point but this is setting a ceiling and giving the Board flexibility in the future. Table 7 is the preliminary assessment roll.

Consideration of Resolution 2017-10 Declaring Special Assessments
Mr. d'Adesky stated Resolution 2017-10 is declaring special assessments pursuant to Chapters 190, 170 and 197, Florida Statutes. It is indicating that the District plans to install, establish, construct, equip, acquire and maintain certain public improvements as detailed in the Engineer's Report for Solara Phase 1 and Phase 2. It also makes a declaration that there is a

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September 6, 2017	Westside Community Development District

benefit to the property for such improvements as detailed in the methodology report. It adopts the Engineer's Report, the assessment report, allocates those benefits as seen in the methodology report. It gives an estimate overall cost of $10,201,194 for the total infrastructure cost and goes on to adopt the preliminary assessment roll as detailed in the methodology report and allows the setting of a public hearing through the next resolution and providing for publication of that resolution. It is a standard form and the same form as used in other Districts and has been used in our previous resolutions when we have issued bonds in this District.
Mr. Flint stated this resolution is declaring the special assessments and the next one is actually setting the public hearing to consider imposition of the special assessments. That will be a 30-day mailed notice to the landowners within the District notifying them of the public hearing and there will also be ads that have to be placed in the newspaper.
Mr. d'Adesky stated once that period has run and we have that public hearing we will have the last resolution, which will actually levy the special assessments on the property.

On MOTION by Mr. Abel seconded by Mr. Kalberer with all in favor Resolution 2017-10 was approved.

Consideration of Resolution 2017-11 Setting a Public Hearing for Special Assessments
Mr. Flint stated the next resolution is establishing the public hearing to consider
imposition of the special assessments. We do need to decide on a date for the hearing because there is a 30-day mailed notice so we can't make it by the regular October meeting date. We can move the regular October meeting to the date of the public hearing.

On MOTION by Mr. Stewart seconded by Mr. Abel with all in favor Resolution 2017-11 setting the public hearing for October 11, 2017 at 11:00 a.m. in the same location was approved.

Ms. Santamaria stated if we can do the bond resolution at the October 11th meeting we should be ready to post the PLOM the following week and we would be able to price and close mid to late November.

FIFTH ORDER OF BUSINESS	Consideration of Agreements

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September 6, 2017	Westside Community Development District

First Amendment to Landscape Maintenance Agreement with Yellowstone Landscape
Mr. Flint stated next is consideration of agreements and we have the first amendment to
the landscape maintenance agreement with Yellowstone, they have agreed to hold their pricing so this amendment will just extend the term of their contract 12 months from October 1, 2017 to September 20, 2018.

On MOTION by Mr. Abel seconded by Mr. Stewart with all in favor the first amendment to the landscape maintenance agreement with Yellowstone Landscape was approved.

Aquatic Maintenance Agreement with Aquatic Weed Management, Inc.
Mr. Flint stated next is the aquatic maintenance agreement with Aquatic Weed Management.
Mr. Smith stated this one does have an increase, they are adding a large pond on Goodman by Monaco so that is a $1,200 increase just to add that pond. That is pond 10.

On MOTION by Mr. Abel seconded by Mr. Stewart with all in favor the agreement with Aquatic Weed Management, Inc. was approved.

SIXTH ORDER OF BUSINESS	Consideration of Landscape Enhancement
Proposals from Yellowstone Landscape
Mr. Smith stated the first one is for the front median island and this is to re-landscape that
island. They are going to put a band of sod around it because the way it is set up it is jasmine and mulch and it is getting all over the road and looks very unkempt. Eventually we will come back and continue to improve that median island with some up-lighting and get it looking a lot better. That would be the one for $2,788.64 and the other is just fill in ofjuniper because a lot of these medians have juniper beds from Solara to 192 and this is to fill in some spots and the cost is $624.41.

On MOTION by Mr. Abel seconded by Mr. Stewart with all in favor the proposals from Yellowstone Landscape for landscape enhancement as outlined above were approved.

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September 6, 2017

SEVENTH ORDER OF BUSINESS

Westside Community Development District

Discussion of Cost Share Agreement for Landscape Maintenance

Mr. Flint stated previously the Board had discussed a cost share agreement between the Westside CDD and Windsor at Westside CDD. Basically you have Monaco Boulevard, which loops from Westside Boulevard to Goodman Road and there is a portion of the Windsor at Westside CDD that fronts on Westside Boulevard approximately 1,300 feet and there is also a portion of Westside CDD that fronts on Monaco, which is also approximately 1,300 front feet. Previously we discussed a cost share agreement between both CDDs where the Windsor CDD would fund a prorated portion of the landscape maintenance on Westside Boulevard south of Goodman Road. Pulte actually installed that median landscaping as part of constructing the Windsor at Westside project and the Windsor at Westside CDD has been maintaining the Westside Boulevard landscaping south of Goodman to Monaco since it has been installed. There were discussions between Counsels from Westside CDD and Windsor at Westside CDD regarding proposed cost share agreement and allocating those expenses on a front foot basis but Windsor at Westside raised the issue there is a portion of Westside CDD, Mattamy's Phase 2 Solara Project, which fronts on Monaco Boulevard and the Chairman for this District, Drew Abel and the Chairman for Windsor at Westside, Carlos Gregory, had a meeting to discuss the cost share issue. I attended that meeting and Andrew was on the phone although I think he had difficulty hearing. Based on the analysis it seems like in the long run it is going to be a wash if you do share expenses on Monaco and Westside Boulevard because it is the same front footage. Rather than going through the machinations of a cost share agreement and exchanging money potential gains with landscape bids and contracts where you are loading costs in different areas the recommendation from staff is that we just have Westside maintain Westside Boulevard and Windsor at Westside maintain Monaco and not worry about a cost share agreement. That is where both Chairmen came down on the issue and basically the need for a cost share agreement isn't there right now because in the long run it is going to be a wash.
Mr. Abel stated we will spend more money on logistics and legal than we will on landscape.
Mr. Dady stated Monaco has a local road profile whereas Westside is crossed by a gas
line, it has a main water line, it has on several nearby comers a pump station, it has force main, it is a greater risk for costs to be incurred on Westside.

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September 6, 2017	Westside Community Development District

Mr. Abel stated this is landscape maintenance.
Mr. d'Adesky stated the scope of this is just covering landscape improvements.
Mr. Dady asked are there any other costs that should be included? If this is just landscaping then I agree with the Chairman but it was my understanding in looking at the agenda that operation and maintenance included a broader range of maintenance activities that could affect the roadways that they would not be paying into under this agreement any possible maintenance that comes up in the future. I'm looking for clarification.
Mr. d'Adesky stated under the cost share agreement it was only contemplated from the beginning to be sharing landscape expenses. Under the interlocal agreement, which is a tri-party agreement between Windsor at Westside COD, Westside COD and the County it does detail longer term because it is contemplated that this road will be owned by the County.
Mr. Flint stated Westside Boulevard is going to be a County road.
Mr. d'Adesky stated a lot of the issues you are bringing up in terms of gas lines, long term operation and maintenance, repairs to the actual road itself that might come up those will be eventual responsibilities of the County, which has been detailed in the interlocal agreement and that element has not changed whatsoever. The interlocal agreement, which is the next item really hasn't changed at all except for in terms of crossing out the cost share component.
Mr. Abel asked what day, what month, what year does that become a County road so if it lingers for seven years and we feel there is a need to resurface what then?
Mr. Dady stated I might suggest that this might never be a County road based on our ongoing legal issues.
Mr. Flint stated the County is giving mobility credits to the developer of the Solara project based on it being a County road.
Mr. d'Adesky stated the County has taken other portions of it and taken certain actions including buying the tax certificates.
Mr. Dady stated I don't have a concern with the landscape trade-off that seems equitable. When you are talking about the subsequent agreement I think it demands a little more attention.
Mr. d'Adesky stated it is not in final form because it has to go to the County again for their subsequent review. They reviewed it a while back but they haven't seen it in a while so the County will probably have more to say on this before it is in final form. It has already been approved in substantial form and doesn't need approval at this meeting but is a discussion item

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because that is going to the County and the County is going to have comments and we have delegated authority to the Chair to finalize that.
Mr. Flint stated on the landscape cost share agreement I don't know that the Board ever voted to approve a cost share. Is there an action to rescind?
Mr. d'Adesky stated we approved negotiation of the cost share agreement but there is nothing to approve.
Mr. Flint stated the one action I would ask is that the Board authorize the Chairman to execute an agreement with Down to Earth for the section we are talking about. Down to Earth is currently maintaining Westside Boulevard from Goodman to Monaco and we would look at that switching from Windsor at Westside CDD to Westside CDD effective October 1, 2017 and to do that Westside would need to enter into an agreement with the landscape contractor. The current contract is $1 4,820 with Windsor and I suggest that be set as a not to exceed because I think there may be some landscaping on the east side of Westside Boulevard that is HOA that the CDD should not be maintaining so that number may come down.

On MOTION by Mr. Abel seconded by Mr. Stewart with all in favor the Chairman was authorized to execute an agreement with Down to Earth to maintain the portion of Westside Boulevard from Goodman to Monaco in an amount not to exceed $1 4,820.

EIGHTH ORDER OF BUSINESS	Consideration	of	Revised	Interlocal
Agreement for Maintenance of Road Rights of Way
Mr. Flint stated as Andrew indicated the Board previously approved it in substantial
form.
Mr. d'Adesky stated there is no action to take right now. In terms of future action given
that we agree there is not going to be a separate cost share agreement because of the cost of legal and whatnot, knowing that we will initiate conversations with the County going forward, send our current draft to them for consideration and work on that with them going forward.
Mr. Abel stated I would like to have a fresh copy.
Mr. d'Adesky stated I can circulate that to everybody after this meeting.

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September 6, 2017	Westside Community Development District

Mr. Dady asked why does the approval of the previous agreement negate the possibility of a cost sharing agreement for the road maintenance? I thought we were just talking about landscaping.
Mr. d'Adesky stated it doesn't technically negate the potential for a cost share agreement for O&M expenses for the road but that is a conversation that we would have to have in a tri­ party setting.
Mr. Dady stated I think you need to have the conversation. I'm just one vote but Windsor essentially got a free ride from the District of all the bond proceeds and improvements that were done to open up this project. That includes the entryway onto 192, all of Westside Boulevard through the school and all the public improvements that were made. I don't think it is unreasonable for them to pay a fair share of the maintenance of that final arterial roadway that services their project.
Mr. Flint stated I think this agreement is talking about maintenance of road right of way not maintenance ofroads.
Mr. d'Adesky stated that is a separate topic to bring up.
Mr. Abel stated to Mike's point that has a lot more beefthan some landscaping.
Mr. d'Adesky stated that is not contemplated in this. The agreement acknowledges that the County will eventually take the road.
Mr. Dady stated I don' t understand why you are soft-pedaling around Pulte. They are not in our District and they benefited from this very expensive improvement.
Mr. Abel stated I' m not soft-pedaling, right now they are maintaining part of our right of
way they have been doing it for years and now they are saying can you pay your sharejust of the monthly cuts and irrigation the $14,000. We did not get into infrastructure, road maintenance, road ownership that is a whole other bigger issue.
Mr. d'Adesky stated to be fair we were never directed to do so. Typically this is the agreement we would deal with in any District in terms of sharing road right of way costs. If we are directed to attack on that we are willing to attack on that.
Mr. Dady stated the road right of way agreement provides you a path of entry to examine these other costs. It was a logistically favorable location for them to purchase a piece of property that connects to our District but is not part of our District so there were no costs but it is not unreasonable to assume there would be some maintenance that could be shared and this is your

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entre, you give this up on the right of way there will be no going back for the rest of the lifespan ofthe project. Is there a way that this agreement can be a placeholder for that future negotiation? Can language be incorporated that would allow us the right to go back and examine larger maintenance issues ofthe roadway?
Mr. Flint stated there is nothing preventing either District from entering into an interlocal directly with Osceola County doing the same thing that the tri-party interlocal does. I don't know that we have anything to hold over Windsor's head to compel them to come to the table on road maintenance costs. They could unilaterally go to the County and enter into the same interlocal agreement we just initially drafted it as a tri-party agreement divvying up all the road rights of way a far as maintenance goes.
Mr. d'Adesky stated- and to make sure that none of us are stepping on each other's feet and creating inefficiencies by maintaining or failing to maintain certain parts of the road right of way.
Mr. Stewart stated Mike is saying they are benefiting downstream from all the money we
spent to get to their property.
Mr. d'Adesky stated trying to think about it critically it is not much of a cudgel. The County could probably care less whether or not we entered into this interlocal agreement.
Mr. Flint stated right now they are blind to the fact that we are maintaining it and we have been maintaining it for over a decade.
Mr. Dady asked will you remind me on where we stand with getting the County to accept the final piece of right of way where we had the Jr. Davis discrepancy?
Mr. d'Adesky stated I believe they said they were just about ready to do that and they were pretty prepared to do that. This is a conversation that we had previously with them and they had seemed prepared to do that in the short term.
Mr. Flint stated Jan was primarily involved with that.
Mr. d'Adesky stated correct, Jan was primarily involved she had much more contact than I do but based on the information I remember they were prepared to do that. They bought certain tax certificates to clear up portions of it and they were taking it upon themselves to clean everything up so they can accept that portion dealing with the Jr. Davis issue.
Mr. Stewart stated that is the one the County was trying to get us to participate when it was settled.

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Mr. d'Adesky stated correct. They have taken forward steps on that and I believe it j ust might be the formality of deeding it to them and filing those deeds at this point to get that settled with them. I will confirm that at the next meeting.
Mr. Dady stated I will remove my objection as long as the Board realizes that if that is not accepted by the County there is a flaw to the County's final acceptance of the roadway, which could prevent County maintenance from being applied to that stretch of the boulevard and it might forever be a Westside CDD expense.
Mr. d'Adesky stated the County is going to have a hard time saying that considering they spent money on the settlement as well and they invested time in that and they have also accepted portions of the road and formally opened portions connecting to Westside Boulevard so it would be a tough position for the County to say they are not going to maintain it.
Mr. Flint asked what is the SPE's position on conveyance of those portions of Westside Boulevard that are held by the SPE? I was involved in the settlement negotiations on the Jr. Davis issue I think the County was ready to accept those but there was a question about whether the SPE was ready to convey them.
Mr. Dady stated we have already indicated our willingness to convey those areas if there was settlement globally so that we didn't get nickel and <limed down the road. We were holding out for the County to accept the boulevard and then we would transfer the right ofway. I believe that information was conveyed to the County already.
Mr. d'Adesky stated yes and I will follow-up to see whether they have actually recorded those deeds and what else we need to have the formal acceptance on the books with that because once again that was their whole issue they didn't want to formally accept them but they have changed in their willingness in the past months. We don't need any separate authorizations to engage in discussions with the County based on all of our previous approvals.
Mr. Abel stated if we let this stuff linger we are going to approach the maintenance period in some of these sections of roads and suddenly have zero leverage with the County and a big obligation for us.

NINTH ORDER OF BUSINESS
Attorney

Staff Reports

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September 6, 2017	Westside Community Development District

Mr. d'Adesky stated I will be working with everyone on the bond team in terms of issuance of the 2017 bonds, reviewing the PLOM once it is issued and the indenture and documentation as well as any other supplemental documentation we do for the bond issuance. I will be in contact with the County regarding the issues we just discussed.

Engineer
Mr. Machado stated the contractor is working on the last connection to switch over the irrigation lines to the reuse line. The last connection was the deepest line that he encountered. I haven't spoken to him this week but he said he would be wrapped up hopefully this week.
I did contact TWA regarding the maintenance bond, Counsel suggested that if we could do a maintenance agreement like we did with the County with maintenance of the roadways instead of doing a maintenance bond but TWA said no, they won't accept that it needs to be a maintenance bond, irrevocable letter of credit or cash. The amount is $6,940 for the maintenance bond, that is 10% of the cost of construction to make those connections and the conversion from the force main to the reuse main.
Mr. Flint asked did they require maintenance bonds on any of the other?
Mr. Machado responded yes they did but those bonds were never issued and this project lay dormant for so long they ended up taking ownership of it.
Mr. Flint asked what is the timing of the need for the maintenance bond? Is it something the Board needs to act on?
Mr. Machado responded yes, there are two fees, the 10% maintenance bond, which is
$6,940.49 and there is the 2% inspection fee, which is $1,388.10. The $1,388.10 is cash and the maintenance bond you can do cash or provide a maintenance bond for that amount or letter of credit.
Mr. Flint stated the Board would need to approve the $6,940.49 and we can get a
maintenance bond. Is the work complete?
Mr. Machado stated the only item that is left is the one connection point that was the deepest connection they had to make.
Mr. Flint asked if this is on the October agenda for the maintenance bond will that blow anything out?
Mr. Machado stated I don't think so.

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September 6, 2017	Westside Community Development District

Mr. Flint stated we will put that on the October agenda.

Manager
Approval of Check Register

On MOTION by Mr. Abel seconded by Mr. Kalberer with all in favor the check register was approved.

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

Discussion of Direct Bill Status
A copy of the direct bill status was included in the agenda package.

TENTH ORDER OF BUSINESS
There being none,

Supervisor's Requests

On MOTION by Mr. Abel seconded by Mr. Stewart with all in favor the meeting adjourned at 11: 50 a.m.

Secretary/Assistant Secretary	ChairmanNice Chairman

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FIRST SUPPLEMENT TO
WESTSIDE
COMMUNITY DEVELOPMENT DISTRICT ENGINEER'S REPORT
FOR WESTSIDE PHASES 1, 2 & 3
(Solara Development, Phases 1 and 2)

OSCEOLA COUNTY
Revised September 6, 2017

PREPARED BY:
HANSON, WALTER & ASSOCIATES, INC.
8 Broadway, Suite 104
Kissimmee, Florida 34741
(407) 847-9433

Page 1  of 21 

INTRODUCTION

First Supplemental Engineer's Report

The Westside Community Development District (the "District") "Westside Community Development District Engineer' s Report for Phase 1 and 2" was adopted by the District on January 2005 and was updated on October 29, 2007 by the "Westside Community Development District Engineer's Report for Phase 1, 2 and 3." Certain other revisions occurred from time to time, including an "Engineer' s Construction Progress Report" last revised in April 20 11 to accommodate development and financing updates for the public infrastructure project components of the District (collectively, and as modified, the "Engineer's Report").
Basedon the current development plans ofthe new developer ofthe Westside Phase 3 Property, as described herein, Mattamy Orlando, LLC ("Mattamy"), the District finds it necessary to construct and finance a portion of the public infrastructure necessary for the development within these lands. Mattamy intends to perform construction of its residential development, which will be called the "Solara Development," in phases; the first two phases ofthe Solara Development are the subject of this Report. It is anticipated that the third and fourth phases of the Solara Development will also have public infrastructure funded by the District at a later date.
The purpose of this First Supplemental Report is to describe the proposed construction of the public infrastructure improvements for the first two phases of the Solara Development (the "Solara Phase 1 and Phase 2 Project") that are intended to be funded in part, by the District's issuance tax­ exempt bond financing. The "20 1 7" Project, or the Phase I portion of the Solara Development Solara Phase 1 and Phase 2 Project will be funded, in part by the District' s Westside Community Development District Special Assessment Revenue Bonds (Osceola County), Series 20 17 (the "Series 2017 Bonds"). The Phase 2 portion ofthe Solara Development Solara Phase 1 and Phase 2 Project is expected to be funded by a future series of District bonds.
The Series 2017 Bonds are tobe the fourth series of securities to be issued by the District, which has previously issued a series ofbond anticipation notes in the principal amount of$4,000,000 (the "2005 Notes"), the District's $17,525,000 Special Assessment Revenue Bonds, Series 2005 (the "Series 2005 Bonds") and the District's $17,5 1 0,000 Special Assessment Revenue Bonds (Osceola County), Series 2007 (the "Series 2007 Bonds") to fund the construction and acquisition of a portion

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of the public improvements necessary for the Development of Phases 1 and 2 within the District. The capital improvement projects funded by these prior issues of securities are described briefly below and in more detail in the previous Engineer's Reports.
This First Supplemental Report is submittedbased upon our professional opinionand is based on the best available information and our best knowledge and belief as of the Report.

Background

The District was established for financing the acquisition, construction, maintenance and operation of a portion of the public infrastructure necessary for the community development within the District. The District encompasses approximately 1,148.90 acres within northwestern Osceola County (the "County"). The District was established by County Ordinance 04-34 in 2004 and encompassed approximately 788.32 acres. In August 2007, the County adopted Ordinance 07- 19 expanding the District by approximately 360.58 acres with the addition of two parcels - one located directly south of the external boundaries of the original district and known as "Parcel M" (the "Westside Phase 3 Property") and one parcel located to the east of Westside Boulevard and north of Funie Steed Road (the "LaRosa Expansion Property").
The development of the property within the District was divided into three "phases" for the planned construction of roadway and other public improvements by Maesbury Homes, Inc. (the "Original Developer") and/or the District. Phases 1 and 2 ofthe District's improvements generally serve the original 788± acres ofthe District plus the LaRosa Expansion Property. Phase 3 covers the Westside Phase 3 Property parcels. The location of the phases is described as:
Phase 1 is generally located within Section 6, Township 25 South, Range 27 East.
Phase 2 is generally located adjacent to and to the south of Phase 1 within Sections 7 and 18, Township 25 South, Range 27 East.
Phase 3 is generally located adjacent to and south of Phase 2 within Section 18, Township 25 South, Range 27 East.
A map showing the approximate boundaries of the District, and the locations of the three construction phases within the District is attached hereto as Exhibit 1.
The Original Developer's "Westside Development of Regional Impact Amended and Restated Development Order" dated April 11 , 2005, included the required public improvement elements for

Page 3 of 21 

Phases 1 and 2. To , among other things, allow for development of the added Westside Phase 3 Property, the Original Developer requested and had approved a "Westside Development ofRegional Impact Second Amended and Restated Development Order" and a "Westside Development of Regional Impact Third Amended and Restated Development Order" (collectively, and as may have been amended from time to time, the "DRf').  The Phase 3 improvements were added to complete the planned infrastructure to serve the Westside Phase 3 Property on the southern boundaries of the District. The Original Developer and other landowners in the District thereafter defaulted on payments of assessments to the District, the Original Developer defaulted on obligations to the District to compete the infrastructure at its own cost, and, after a series of foreclosures and other remedial actions, all but one of the undeveloped parcels in the District have been acquired for residential or vacation home development by Mattamy and other developers. The DRI was rescinded by the County on January 1 1 , 2016, but for ease of description, the County and the District have continued to describe the segments of the infrastructure development and the related improvements for the District as Phases 1, 2 and 3. Each developer will enter into development orders or other agreements with the County, to provide for the construction and development within each parcel.

Description of Westside Phases 1 and 2

The Phase I development was divided into several parcels forconstruction plan purposes and ownership, including Parcels A, B, C & D and Westside Boulevard from U.S. 1 92 south to Funie Steed Road. Phase I of the overall development is approximately 305.09 acres with approximately 1 18 acres "developable." Developable area as defined by the County and for the purposes of this report as the total project area less the jurisdictional wetland areas to remain. The remaining 1 87 acres are composed of wetlands, upland buffers and surface waters (i.e., Lake Davenport). Phase 1 District improvements have been designed, permitted and constructed. Construction ofthe Phase 1 District improvements is completed.
Phase 2 includes development ofFlorence Villa Grove Road (from Polk County Lineeastto Westside Boulevard), Goodman Road (from Westside Boulevard east to the southeast property corner of Parcel K), Westside Boulevard (from Funie Steed Road south to the south property line of Parcel L), and Funie Steed Road (from Westside Boulevard east approximately 2,700 feet), and the supporting master infrastructure for Tracts E, F, H, I, J (school site), K and L. Phase 2 is

Page 4 of 21 

approximately 483.23 acres, with a total developable area of approximately 350.7 1 acres. The LaRosa Expansion Property, which is also a part of Phase 2, is approximately 1 17.43 acres with approximately 72.03 acres planned for developable and Phase 2 infrastructure has been designed, permitted and constructed by various parties, including the District. The Phase 2 District infrastructure was partially completed prior to the default by the Original Developer and others. Due to the Original Developer's failure to complete the improvements pursuant to the Completion Agreements executed at the time of the issuance of the Series 2005 and Series 2007 Bonds, the District obtained a judgment against the Original Developer, which has been uncollected.
Through a variety of funding sources and the independent development of the LaRosa Expansion Property by Lennar Corporation with updated County development requirements, the planned Phase 2 public infrastructure has been completed, other than the reclaimed water system. The reclaimed water system required a few modifications after construction was substantially complete; the modifications consisted of converting a temporary force main to a reclaimed water main and connecting irrigation services (which were temporarily connected to the potable water system) to the newly converted reclaimed water main. The modifications to the reclaimed water main have been funded by the District with limited contributions from an adjacent landowner outside the District. A formal acceptance by the District of the completion of the District funded improvements is expected to occur in the third quarter of 2017; the reclaimed water system will thereafter be conveyed to the Toho Water Authority, a governmental unit.
The internal residential improvements associated within the real estate development of the parcels in Phases 1 and 2 have been developed without District funds.

Description of Westside Phase 3

Phase 3 covers the construction activity and development for the Westside Phase 3 Property of the District which is now called the Solara Development. Westside Phase 3 contains approximately 243.15 acres with a developable area of approximately 1 77.56 acres. The Phase 3 development consists of Parcel M and anticipated the construction of a maximum 919 single-family and townhome residential units on approximately 243.15 acres. The Westside Phase 3 Property will be broken down into several development phases consisting of Solara Ph.ase 1, 2, 3 and 4 (the "Solara Development").

Page 5 of 21 

Prior to the rescission of the DRI, Phase 3 public infrastructure improvements included the acquisition and/or construction of Westside Boulevard from approximately 2,600 feet south of Florence Villa Grove Road continuing south 4, 100 linear feet to its termination point, along with the supporting master infrastructure for parcels abutting the roadway. The County now imposes the obligation to construct the Phase 3 portion of Westside Boulevard, as well as the construction of Sand Mine Road which extends west from Westside Boulevard to the boundary of the Parcel M, on the developer of those parcels, Mattamy, in exchange for certain transportation impact fee credits.

PURPOSE

The District has been established for the purpose of financing and managing the acquisition, construction, maintenance and operation of a portion of the public infrastructure necessary for the community development within the District. The purpose ofthis report is to provide a description of the 2017 Project, which is the portion of the District Improvement Plan to be financed by the District with proceeds of the Series 2017 Bonds. The Developer shall finance and construct the remaining portions of the 2017 Project that are not expected to be financed by the District. Such improvements shall be dedicated to the District or other governmental entities, for the public use, at no cost to the District.

The proposed 2017 Project as outlined herein is necessary for the functional development of the first two phases of the Solara Development as required by the applicable local, state and federal government and other agencies.

SOLARA DEVELOPMENT DESCRIPTION

The Solara Development is wholly contained within the District, including the public roadway improvements required to access the Solara Development. The Solara Development is located within Section I 8, Township 25 South and Range 27 East in Osceola County Florida. The Solara Development is more specifically located 2,600 linear feet south of the intersection of the Westside Blvd and Goodman Rd. The Solara Development is bounded by Sand Mine Rd/ Monaco Blvd to the north, Windsor at Westside to the east, unimproved pasture to the west and Student Drive to the

Page 6 of 21

south. A copy of a proposed site plan for Phases 1 and 2 of the Solara Development, is attached hereto as Exhibit 2.
The Solara Development improvements (both publicly and privately funded) consists oflocal and
collector roadways, associated potable water, wastewater, reclaimed water, landscaping and irrigation in common areas, undergrounding of electrical conduit, stormwater management ponds and associated stormwater collection system. Vehicular access to the Solara Development will be from Westside Blvd. Westside Blvd will be constructed to extend south to the right-of-way of Student Drive and Sand Mine Rd will need to be extended to the west property line of Solara Phase
1. Solara Phase 2 will have a roadway connection to Monaco Blvd.

LAND USE

The total district area is zoned as a Planned Mixed-Use Development ("PMUD"). The Solara Development (also referred to as "Parcel M" or the "Westside Phase 3 Property") was approved for up to 645 single-family homes and 274 townhouse units for a total of 919 residential units on approximately 243.1 5 acres. The table below illustrates the proposed unit count for Phase 1 and 2 of the Solara Development, which will consist of approximately 161 .22 acres of Parcel M. Only Phase 1 of the Solara Development will be funded, in part, by the Series 2017 bonds.

	Phase 1
of the Solara Development	Phase 2
of the Solara Development	
Estimated Completion Date	November 20 17 	January 2019 	
Area (in acres)	80.60 ac	80.62 ac	
Proposed Single-Family Residential Units	236	243	
Proposed Townhome Units	76	0	
Total	312	243	

GOVERNMENTAL ACTIONS

The District was originally established by Osceola County Ordinance in 2004 and expanded in 2007. All applicable zoning, vesting and concurrency requirements have been complied with for
Page 7 of 21

the Westside Development for Phases 1, 2 and 3. Permits have been secured for the first two phases ofthe master infrastructure construction and the construction ofthe master infrastructure of Phases 1 and 2 of the District is complete, otherthan the reclaimed water system, as described in Section I.C.
All conditions ofthe PMUD are currently being complied with by Mattamy for the Phase 1 and Phase 2 ofthe Solara Development. The planning, engineering and development activities are underway with the permits applied for or received. The following permits will be required for the 2017 Project and the development of the Solara Development, Phases 1 and 2: 

South Florida Water Management District "(SFWMD"):
Environmental Resource Permit
Permit issued for Phase 1 and 2 on August 15, 2016 
Permit Modification for Phase 1 and 2 issued on March 3, 2017 
Osceola County:
Preliminary Site Plan (PSP)
Approved for Phase 1 and 2 on November 1 9, 2015 
Approved Modification for Phase 1 and 2 on February 1, 201 7
Site Development Plan (SOP)
Approved for Phase 1 on July 28, 2016 
Phase 2 currently under review
Tohopekaliga Water Authoritv ("TWA"):
Water, Recuse and Sanitary distribution system and FDEP application approval o	Approved for Phase 1 on October 14, 2016 
Phase 2 currently under review
Florida Department of Environmental Protection ("FDEP"):
Water distribution system construction permit
Approved for Phase 1 on September 19, 2016 
Phase 2 to be submitted upon TWA approval
Wastewater distribution system construction permit o	Approved for Phase 1 on August 1 0, 2016 
Phase 2 to be submitted upon TWA approval
Federal Emergency Management Agency ("FEMA")

Page 8 of 21 

LOMR-F (Solara Phase 2 only)
o	Shall be submitted upon completion of construction.

The Solara Phase 1 and 2 Plat has been approved by the County and is recorded at Plat Book 25, Page 175 of the Public Record of Osceola County. Solara Phase 1 lots are included on the Plat; Phase 2 will be replatted to include lot delineations in the future.
It is our opinion that there are no technical or permitting reasons existing at this time which would prohibit the implementation ofthe plans for the 2017 Project ofthe District as presented in this Report, subject to the Mattamy's continued compliance with all conditions ofthe Development Plan Approval and permit issuance. All pending permits/approvals are expected to be obtained in the ordinary course of development.

INFRASTRUCTURE BENEFIT

The Solara Phase 1 and Phase 2 Project identified in this Report is intended to provide special benefits to the assessable real property within the boundaries of Phase 1 and Phase 2 of the Solara Development in the District in accordance with Florida law. As portions of the property within the District boundaries are currently undeveloped or under construction, the construction oftheproposed Solara Phase 1 and Phase 2 Project is necessary to benefit the property forthe intended use as a fee­ simple residential subdivision. As noted, the District may construct, acquire, own and operate all or any portion of the proposed Solara Phase 1 and Phase 2 Project as allowed under Florida law. As also noted earlier, Mattamy may construct other infrastructure or improvements included in the Solara Phase 1 and Phase 2 Project (not constructed or financed by the District) and dedicate those to the District for public use and maintenance as allowed under Florida law. The District may dedicate certain improvements to other governmental entities as required by law or approvals for the development.

THE SOLARA PHASE 1 AND PHASE 2 PROJECT

The Solara Phase 1 and Phase 2 Project addresses the master infrastructure elements and certain other facilities and improvements that will serve the residents and common areas in Phase 1 AND

Page 9 of 21 

Phase 2 of the Solara Development. The infrastructure elements of the Solara Phase I and Phase 2 Project include (as did the earlier improvements of the District funded by the Series 2005 and Series 2007 Bonds) cost of earthwork/grading of public property, roadways, stormwater management systems, potable water, wastewater and reuse water systems, landscaping and irrigation in the common areas, amenities and undergrounding for installation of electrical conduit. The costs for engineering design of these elements as well as the anticipated cost for professional services and permitting fees have been included.
The 2017 Project is the portion of the Solara Phase I and Phase 2 Project that will benefit Phase I properties of the Solara Development. The Developer intends to construct the 20 17 Project in segments and to conveythe improvements as completed to the District in exchange for payment in the lesser amount of actual cost or current value as set forth in the "Agreement by and between the District and the Developer Regarding an Acquisition of Certain Work Product and Infrastructure" (the "Acquisition Agreement") to be entered into in conjunction with closing on the Series 20 17 Bonds. The 20 17 Project consists of the infrastructure improvements described below and shown on Exhibit 3. The District will payforonlythose portions ofthe 2017 Project for which proceeds from the Series 2017 Bonds are available. Mattamy is obligated to complete at its own cost the 2017 Project under a "Completion Agreement between the District and the Developer Regarding the Completion and Conveyance ofCertainImprovements" (the"Completion Agreement") to be entered into in conjunction with closing on the Series 2017 Bonds. Future bonds are anticipated to be issued by the District to fund a part of the Phase 2 portion of the Solara Phase 1 and Phase 2 Project.

On-site Collector Roadwm1s Drainage Improvements

The Solara Development's roadway network is governed by the County Land Development Code "(LDC") and the PMUD. The County's LDC defines major roadways within the Solara Development, including typical cross sections, geometry ofthe roadways, and lane requirements for thru traffic. Workto be completed by the District includes installation ofthe required storm drainage inlets, manholes and pipes and construction of the roadway sub-base, base, asphalt, curbing and pedestrian/bike ways. The 20 17 Project (Solara's Phase 1) will include 16,600 linear feet of stormwater pipe, 1 19 storm inlets, 11 storm manholes and 52,600 linear feet of sidewalk. Solara Phase 2 will include approximately 8, 1 00 linear feet of stormwater pipe, 67 storm inlets, 9 storm

Page IO of 21 

manholes and 1 9,600 linear feet of sidewalk. Mattamy will perform, at its own expense, the clearing the right-of-way, earthwork and grading and construction of the roadway sub-base, base, asphalt, curbing. The district will fund the stormwater structures and pipes. The Phase 2 portionofthe Solara Phase 1 and Phase 2 Project will include similar roadway drainage improvements. All roadways will be constructed in accordance with current Osceola County standards. The District will not construct roadways for which the Developer will receive impact fee credits from the County.

On-site Utilit Water Svstems

Wastewater Collection System

The Solara Development is located within the TWA wastewater treatment service area. Specifically, the Solara Development is in the Sandhill Wastewater Treatment Plant service area. The Solara Phase 1 and Phase 2 Project includes a central wastewater collection system primarily consisting of gravity mains, sanitary manholes, and one (1) on-site lift station and associated force main to serve the Solara Development (Phase l); similar improvements will serve the Phase 2 portion of the development. The wastewater collection and transmission system will be designed in accordance with the TWA and FDEP regulations.

The 20 17 Project (Solara' s Phase 1) will include approximately 1 2,300 linear feet of gravity sewer and 60 sanitary manholes. Solara Phase 2 will later include approximately 8,400 linearfeet of gravity sewer and 38 manholes. Approximately, 1 ,745 linear feet of sanitary force main, and 1 on­ site lift station will be constructed with the Westside Blvd improvements. The Phase 2 portion of the Solara Phase l and Phase 2 Project will include similar wastewater collection improvements. The Solara Phase 1 and Phase 2 Project wastewater improvements will subsequentlybe dedicated by the District to the TWA which will thereafter own, operate, and maintain those completed infrastructure improvements.

Potable Water Distribution System

Page  11 of 21 

The olara Devel pment i located within the TWA water er i e area. Specifically, the District is in the TWA-West Water Treatment Plan service area. The 2017 Project will consist of construction and/or acquisition a water distribution system consisting of v arious size water mains, valves, fire hydrants and a booster station as required to provide potable water service and fire flow protection in accordance with the TWA and County standards. The waterdistribution system will be designed in accordance with TWA and FDEP regulations. The 2017 Project (Solara's Phase 1) will include approximately 17,460 linear feet of water mains of various sizes with associated valves, hydrants and appurtenances. Solara' s Phase 2 will laterconsist of approximately 10,400 linear feet of water mains of various sizes with associated valves, hydrants and appurtenances. The Solara Phase l and Phase 2 Project water distribution system improvements which will be subsequently conveyed by the District to TWA upon completion. TWA will thereafter own, operate, and maintain those completed infrastructure improvements.

Reclaimed Water Distribution System

The Solara Development is located within the TWA reclaimed water service area. The Solara Phase l and Phase 2 Project includes the construction and/or acquisition by the District of a reclaimed water distribution system consisting of various size reclaimed water mains and valves to provide irrigation for common areas throughout the District. The reclaimed water distribution system will be designed in accordance with TWA standards. The 2017 Project (Solara' s Phase 1) will include approximately 15,200 linear feet of reclaimed water mains of various sizes with associated valves and appurtenances. Solara' s Phase 2 is anticipated to include approximately 9,450 linear feet of reclaimed water mains of various sizes with associated valves and appurtenances. The Solara Phase l and Phase 2 Project onsite reclaimed water distribution system improvements conveyed by the District to TWA at completion, and TWA will thereafter own, operate and maintain those completed improvements.

c.	Stormwater Management

The District's Solara Phase 1 and Phase 2 Project stormwater management facilities will be designed to conform to the County and SFWMD criteria for pre-development versus post-

Page 12 of 21 

development allowable discharge and water quality treatment. The Solara Development is located within Reedy Creek watershed. The District will construct and/or acquire stormwater ponds, interconnecting culverts and discharge control structures which in conjunction with the on-site preserved wetlands will constitute the master stormwater management facilities forthe District. The 20 17 Project will include the construction of onsite Ponds 1, 2 and 4 and the associated outfall structures as shown on the site plan presented in Exhibit 3. Pond 3 will be constructed with Phase 2. A portion ofthe excavated soil material resulting from the stormwater management construction is anticipated to be utilized for the construction of the Solara Phase 1 and Phase 2 Project including landscape berming, drainage fill requirements, open-space fill requirements and other grading of public property. Excess excavation material generated from the construction of the stormwater ponds will be placed within the development parcels, if the cost to so place such excavation materials is less than the estimated cost to the District to transport and sell the excess fill for offsite use. Any cost in excess of such amounts will be funded by the Developer.

The primary objectives of the stormwater management system for the District are:

To provide a stormwater conveyance and storage system which includes water quality treatment and attenuation.
To adequately protect the Solara Development and the District from regulatory-defined rainfall events.
To ensure that adverse stormwater impacts donot occur upstream or downstream as a result of the Solara Development.
To satisfactorily accommodate off-site contributing drainage areas which under existing conditions drain through the District.

The pond outfall system will utilize control structures discharging to wetlands. The Solara Phase 1 and Phase 2 Project stormwater management system will be constructed and/or acquired by the District and thereafter owned and maintained by the District with a drainage easement being dedicated to the County as required by the County to allow for, among other items, stormwater drainage from public roads, emergency maintenance and/or repairs to the stormwater management system.

Page 13 of 21

Underground Electrical Svstem

The Solara Development lies within area served by DukeEnergy for electrical power service. Duke Energy will provide underground electric service to the Solara Development from existing underground power lines located within the public right-of-way of Westside Blvd and Sand Mine Rd. The Solara Development's internal electric power system will consist of underground cable, duct banks, manholes, appurtenant transformers and service pedestals (hereafter co11ective1y referred to as the "Underground Electric System").
The Solara Phase 1 and Phase 2 Project may include the cost to dig the trenches for the installation or acquisition of the Underground Electric System along the portions of the onsite and offsite collector roadway that wi11 be constructed by Mattamy. Duke Energy will thereafter own, operate and maintain the electric lines and related facilities.

Street Lights

The installation of street lights along the portions of the onsite collector roadway that will be constructed by Mattamy is currently anticipated to be fully funded by Duke Energy, with the Developer or homeowner' s association leasing the street light poles andbeing responsible for paying the monthly electric service costs to Duke Energy.

Landscaping, Hardscape and Signage

Landscaping, hardscape and signage will be provided along the public roadways and open­ space areas serving the Solara Development. The Solara Phase 1 and Phase 2 Project will include landscaping, hardscape, and street signage along the portions of the public collector roadways and within open-space areas that will be constructed in conjunction with the Solara Development Phases 1 and 2. These improvements will be constructed and/or installed and acquired by the District upon completion. Thereafter, the District will own, operate and maintain those completed improvements.

Professional Services and Permitting Fees

Page 14 of 21 

The County, TWA, FDEP and SFWMD and all other governing agencies impose fees for permits, plan reviews and inspections. These fees vary with the magnitude ofthe impact and size of the development phases. Additionally, planning, engineering, surveying, landscape, hardscape and management services are required for the design, permitting and construction monitoring of the Solara Phase 1 and Phase 2 Project. Costs for certain professional services and permitting fees associated with the Solara Phase 1 and Phase 2 Project shall be paid by the District as a part of its acquisition of certain assets, permits, and work products under the terms of the Acquisition Agreement, with the remainderfunded by Mattarny.

OPERATION AND MAINTENANCE RESPONSIBILITY
The long-term ownership, operation and/or maintenance responsibilities of the proposed Solara Phase 1 and Phase 2 Project improvements are summarized below:
ON-SITE DISTRICT IMPROVEMENTS	RESPONSIBLE ENTITY

Stormwater
Onsite roadway drainage, culverts, etc.

DISTRICT

Potable Water, Wastewater, & Reclaimed Water System

TWA (TOHO WATER AUTHORITY)

Street Lighting

Underground Electrical

DUKE ENERGY (ELECTRIC AND LIGHTING) DEVELOPER OR HOMEOWNER'S ASSOCIATION 

Landscape, Hardscape, & Signage within external right-of-way

DISTRICT

Common Areas Wetlands

DISTRICT AND HOMEOWNER'S ASSOCIATION DISTRICT

ESTIMATED COST OF THE SOLARA PHASE 1 AND PHASE 2 PROJECT Exhibit 4 provides the estimated costs for each of the Solara Phase 1 and Phase 2 Project
categories described in this Engineer' s Report. The costs for the 2017 Project which are to be '
funded, in part, by the Series 2017 Bonds are separately listed, as are the costs for the Phase 2 portion of the overall Solara Phase 1 and Phase 2 Project, which areexpected to be funded, in part,

Page 15 of 21

by a future series of bonds issued by the District.

SUMMARY AND CONCLUSIONS

The Solara Phase 1 and Phase 2 Project as outlined above is necessary for the development of Phase 1 and Phase 2 of the Solara Development, which are located within the boundaries of the District. The 2017 Project is necessary for the development ofPhase 1 ofthe Solara Development, and the Phase 2 portion of the overal1 Solara Phase 1 and Phase 2 Project is necessary for the development of Phase 2 of the Solara Development. The planning and design of the Solara Phase 1 and Phase 2 Project are in accordance with current governmental regulatory requirements. The Solara Phase 1 and Phase 2 Project will provide the intended function so long as the construction is in substantial compliance with the design and pennits and the facilities are properly maintained.

The costs of constructing and/or acquiring the Solara Phase 1 and Phase 2 Project described in this report are based current plans or estimated quantities for the Solara Phase 1 and Phase 2 Project infrastructure as shown on the approved plans, drawings, specifications and development requirements, latest revision. Certain costs for the 2017 Project were provided by Mattamy from an existing contract with Hughes Brothers Construction, Inc., which was awarded the contract for the construction of the portions of the Solara Development, Phase 1. To the best of our professional opinion, knowledge andbelief, the costs ofthe Solara Phase 1 and Phase 2 Project provided herein as reasonable to complete the construction of the Solara Phase 1 and Phase 2 Project described herein.

All infrastructure costs ofthe Solara Phase 1 and Phase 2 Project are publicimprovements or community facilities as set forth in Section 1 90.0 1 2(1) and (2) of the Florida Statutes. The benefits to the assessable parcels within Phase 1 and Phase 2 of the Solara Development to be derived from the Solara Phase 1 and Phase 2 Project will be not less than the costs of such Improvements comprising the Solara Phase 1 and Phase 2 Project.

The opinion of the probable construction cost is only an estimate and not a guaranteed maximum price. The estimated cost of the Solara Phase 1 and Phase 2 Project is based on historical unit prices or current prices being experienced for on-going and similar types of work in the region.

Page 16 of 21 

The labormarket, future costs ofequipment andmaterials and the actual constructionprocess are all beyond our control. Due to this inherent opportunity for fluctuation in cost, the total final cost ofthe Solara Phase 1 and Phase 2 Project may be more less than this estimate.

Dated: September 6, 2017 

Page 17 of 21 

Exhibit 1 Boundaries of the District and
locations of the three construction phases within the District

Page 18 of 21 

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Site plan of proposed improvements for Phase 1 and 2

Page 19 of 21 

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Exhibit 3
Description of the Categories of Improvements of the 2017 Project

On-site Collector Roadway Drainage Improvements
On-site Utility Water Systems
z.	Wastewater Collection System
Potable Water Distribution System
Reclaimed Water Distribution System
Stormwater Management
Underground Electrical System
Street Lights
F.	Landscaping, Hardscape and Signage
B.	Professional Services and Permitting Fees

Page 20 of 21

Exhibit 4
Estimated Costs ofthe 2017 Project

Summary of Opinion of Probable Cost Solara Phases 1 & 2
Infrastructure Category	Total	Phase 1 (Series 2017 Project)	Phase 2 (Future Bonds)	Westside

	HOA	The District	HOA	The District	Developer	Developer	
Earthwork associated with public Improvements	$6,301,554.00	$4,441 ,520.00	$512,484.00	$525,300.00	$52,530.00	$602,980.00	$166,740.00	
Roadway	$4,966,900.00	$2,052,800.00	$0.00	�1,590,000.00	$0.00	$1 ,068,200.00	$255,900.00	
On-site Collector Roadway Drainaee lrnorovements	$3,072,615.00	$0.00	$1,152,500.00	$0.00	$1,590,000.00	$249,600.00	$80,5 15.00 .	
Wastewater Collection System	$1,869,430.00	$0.00	$748,850.00	$0.00	$600,500.00	$505,480.00	$1 4,600.00	
Potable Water Distribution System	$1 ,996,500.00	$0.00	$703,100.00	$0.00	$524,800.00	$654,300.00	$114,300.00	
Reuse Water Distribution	$1,161,350.00	$0.00	$361,200.00	$0.00	$387,600.00	$3 1 8,600.00	$93,950.00	
Stormwater Management	$4,214,946.00	$2,391 ,600.00	$1,195,796.00	$175, 100.00	$122,570.00	$258,420.00	$7 1 ,460.00	
Landscape & Hardscape in	$3,713,500.00	$1,067,100.00	$873,600.00	$700,000.00	$729,800.00	$257,400.00	$85,600.00	
common areas and street
sienae:e								
Underground Electrical	$267,35 1 .00	$1 13,500.00	$35,000.00	$87,500.00	$25,000.00	$4,763.00	$1 ,588.00	
Street Lights	$62 1 ,799.00	$340,250.00	$0.00	$262,500.00	$0.00	$14,287.00	$4,762.00	
Professional Services and	$481 ,808.00	$173,470.00	$57,800.00	$1 23,338.00	$30,840.00	$77, 1 00.00	$1 9,260.00	
Permitting Fees								
Contingency	$843,597.80	$0.00	$90,860.00	$346,373.80	$406,364.00	$0.00	$0.00	

Total Cost	$29,51 1,350.80	$10,580,240.00 $5,731,190.00 $3,810,1 11 .80 1$4,470,004.00	$4,01 1,1 30.00	$908,675.00	

Blvd

Sand Mine Rd

System

Svstem

Notes:
No cost for acquiring land to construct improvements are included in the above.
Cost for Solara Phase 1 improvements are based upon the Hughes Brothers Construction Inc. Contract and pay applications.
Stormwater Management includes all stormwater pipes and inlets utilized to convey stormwater runoff to the ponds.
Landscape, Hardscape and Irrigation includes area between perimeter wall and the right­ of-way, including perimeter wall and monument signs.
Underground Electrical System includes landscape lighting between right-of-way and parameter wall.
The cost of the pump station and force main is included within the wastewater cost of the Westside Blvd.
Earthwork cost under the District column only includes cost associated for the portion of the ponds that serve the roadway drainage system.
Improvements under the Westside Blvd and Sand Mine Rd columns shall not be financed by the District.

Page 21  of 21 

'
MASTER

ASSESSMENT METHODOLOGY

FOR SOIARA DEVELOPMENT, PHASES 1 AND 2

FOR

WESTSIDE
COMMUNilY DEVELOPMENT DISTRICT

Date: September 6, 2017

Prepared by

Governmental Management Senrices - Central Florida, LLC 135 W. Central Blvd, Suite 320
Orlando, FL 32801	--	J

Table of Contents
1. O Introduction	3
1.1 Purpose	3
1 .2 Background	3
1 . 3 Special Benefits and General Benefits ........ .............. ,	4
1 .4 Requirements of a Valid Assessment Methodology	5
1 .5 Special Benefits Exceed the Costs Allocated	5
2.0 Assessment Methodology	s
2. 1 Overview	5
Allocation of Debt.	6
Allocation of Benefit	6
Lienability Test: Special and Peculiar Benefit to the Property	7
Lienability Test: Reasonable and Fair Apportionment of the Duty to Pay Non-Ad Valorem Assessments	7
3.0 True-Up Mechanism ...............,....,	8
4.0 Assessment Roll	8
:·s.0 Appendix•·_................ �--i•••·••·······-··· ........._....... ..............,.................. ...................,. . .:...... ........... .... .... -9
Table 1: Development Program	9
Table 2: Infrastructure Cost Estimates	10
Table 3: Bond Sizing .... ...................... ..... ..... ...........,	11 
Table 4: Allocation of Improvement Costs	12 
Table 5: Allocation of Total Par Debt to Each Product Type	1. 3
Table 6: Par Debt and Annual Assessments	14
Table 7: Preliminary Assessment Roll	15

GMS-CF, LLC does not represent the Westside Community
Development District as a Municipal Advisor or Securities Broker nor is GMS-CF, LLC registered to provide such services as described in Section 1 58 of the
Securities and Exchange Act of 1 934, as amended. Similarly, GMS-CF, LLC does n ot provide the Westside Community Development District with financial
advisory services or offer investment advice in any form.

Introduction

The Westside Community Development District is a local unit of spedal-purpose govermnent organized and exisling under Chapter 190, Florida Statutes (the "District"), as amended. The District anticipates the issuance of, not to exceed, $13,000,000 of special assessment bonds in one or more series ("Solara Develop1mmt, Phases 1 and 2 Bonds"). The Solara Development, Phases 1 and 2 Bonds are anticipated to fund certain infrastructure improvements that benefit Westside Phase Three collectively referred to as Solara Development, Phases 1 and 2. The infrastructure to be financed is identified in the First Supplement to Westside Community Development District Engineer's Report for Westside Phase 1, 2 and 3, dated Septei,lil?fr �/ ib.�1, for Community wide Capital Improvements prepared by Hanson, Walter & Associates (the "Engineer's Reporl")i.

Purpose
This Master Assessment Methodology for Solara Development, Phase 1 and 2 (the "Assessment Report'') provides for an assessment methodology for allocating the debt anticipated to be incurred by the District to benefiting properties within Solara Development, Phase 1 and 2. This Assessment Report allocates the debt to certain properties based on the special benefits each receives from the Solara Development, Phase 1 and 2 Project, as delineated in the Engineer's Report. This Assessment Report will be supplemented with one or more supplemental methodology reports lo reflect the adual lerms and conditions at the time of U1e issuance of each series of the Solara Development, Phase 1 and 2 Bonds. This Assessment Report is designed to rnnform to the requirements of Chapters 190 and 170, Florida Statutes with respect to special assessments and is consistent with our understanding of case law on lhis subject.

The District in.tends to impose non ad valorem special assessments on the benefited lands withln Solara Development, Phase 1 and 2 based 011 this Assessment Report. It is anticipated that all of the proposed special assessments will be collected through the Uniform Method of Collection described in Chapter 197.3632, Florida Statutes, or any other legal means available to the District. [t is not the intent of this Assessment Report to address any other assessments, if applicable, that may be levied by the Districl, a homeowner's association, or any olher unit of government.

Background
The District currently includes approximately 1,148.9 acres in Osceola County, Florida of which Phase Three represents approximately 24�,1$ acres. The proposed development plan is depicted in Table 1 (the "Development Plan"), as provided to the District by Mattamy Homes the developer of the Solara Development (referred to as "Developer"). The Developmenl Plan envisions approximately 555 residential units. lt is recognized that the Development Plan may change, and this Assessment Report will be modified accordingly. Additionally,

The capital public improvements contemplated by the District in the Solara Development, Phase 1 and 2 Project (as defined below) include master public facilities

3

that benefit c:erJ�in properties within Solara Development, Phase 1 and 2 of the District. Specifically, the District will ronstruct and/or acquire certain infrastructure including certain earthwork (excluding any assessable lands in Solara Development,
Phase 1 and 2) and roadways, stormwater facilities, potable water, reuse water and wastewater, elec trical undergrounding differential, landscaping, and hardscaping as detailed in the Engineer's Report The acquisition and construction costs are summarized in Table 2 (herein, the"Solara Phase 1 and 2 Project").

The assessment methodology is a four-step process.

TI1e District Engineer must first determine the public infrastructure improvements and services that may be provided hy the District and the costs to implement the Solara Phase 1 and 2 Project.
The District Engineer determines U1e assessable acres that benefit from the District's Solara Phase 1 and 2 Project.
A calculation is made to determine the funding amounts necessary to acquire and/ or construct the Solara Phase 1 and 2.
This assessments are initially divided equally among the benefited properties on a prorated gross acreage basis. As land is platted, this amount will be allocated to each of the benefited. properties based on the number of platted units a11d product type.

Special Benefits and General Benefits

The Solara Phase 1 and 2 Project undertaken by the District creates special and peculiar benefits to assessable property within Solara Phase 1 and 2, different in kind and degree than general benefits, for properties within its borders as well as general benefits to the public at large.

However, as discussed within this Assessment Report, these general benefits are incidental in nature and are readily distinguishable from the special and. peculiar benefits, which accrue to certain property within the District. The implementation of the Solara Phase 1 and 2 Project enables properties within its boundaries Lo be developed. Without the District's Solara Phase 1 and 2, there would be no infrastructure to support development of land within the District. Without these improvements, development of the property within the District would  be prohibited by law.

There is no doubt that Lhe general public and property owners ou tside U1e District will benefit from the provision of the District's Solara Phase 1 and 2 One Project. However, these benefits will be incidental to U1e Distric t's Solara Phase 1 and 2 Project, which is designed solely to meet the needs of property within Solara Phase l and 2 of the District. Properties outside the District boundaries do not depend upon U1e District's Solara Phase 1 and 2 Project The property owners within the Solara

4

Phase 1 and 2 are therefore receiving special benefits not rec�ived by those outside the District's boundaries.
Requirements of a Valid Assessment Methodology
There are two requirements under Florida law for a valid special assessment:
The properties must receive a special benefit from the improvements being paid for.
The assessmenls must be fairly and reasonably allocated to the properties being assessed.
Florida law provides for a wide applica tion of special assessments that meet these two characteristics of special assessments.
Special Benefits Exceed the Costs Allocated
TI1e special benefits provided to tl1e property owners within tl1e Solara Development, Phase 1 and 2 are greater than the costs associated wilh providing U1ese benefits. The
District Engineer estimates that the Solara Phase 1 and 2 Project, that is necessary to support full development of property within Solara Development, Phase 1 and 2, will
cost approximately $10,201,194. The District's Underwriter projects that financing
costs required to fund the infrastructure improvements, including the Solara Phase 1 and 2 Project, the cost of issuance of the Bonds, the funding of debt service reserves
and capitalized interest, will be approximately $13,000,000. Without the Solara Phase 1 and 2, the properly within Solara Phase 1 and 2 would not be able to be developed and occupied by future residents of the development.
Assessment Methodology
Overview
The District may issue up to $.l�)OQO�QQQ in Solara Phase 1 and 2 Bonds to fund the District's Solara Phase 1 and 2 Project, provide for capitalized interest, a debt service
reserve account and cost of issuance. It is the pui·pose of this Assessment Report to allocate   tbe  $13,000,000  i11   debt  to  the  properties  benefiting  from   the  Solara Development, Phase 1 and 2 Project.
Table 1 identifies the land uses as indicated by the Developer of the land within
Solara Phase 1 and 2. The construction cosls needed for completion of the Solara
Phase 1 and 2 Project are outlined in Table 2. The improvements needed to support
the Development Plan are described jn detail in the Engineer's Report and are estimated to cost $10,201,194. Based on the estimated costs, the size of the bond issue needed to generate funds to pay for the Solara Development, Phase 1 and 2 Project and

5

related costs was determined by the Di,;trkt's  Underwriter  to  total approximately
$13,000,000. Table 3 shows the breakdown of the bond sizing.
Allocation of Debt

Allocation of debt assessments is a continuous process until the Development Plan is completed. The Solara Phase 1 and 2 Project funded by the Solara Development, Phase 1 and 2 Bonds benefits all developable acres within Solara Development, Phase 1 and 2.
TI1e :initial Master debt assessments will be levied on the gross acres within Solara Development, Phase 1 and 2 and then as platting into residential lots occurs such debt
assessments will be assigned to the platted lots. A fair and reasonable methodology
allocates the debt assessments incurred by the District proportionately to the properties receiving the special benefits. At this point all of the lands within the Solara Development, Phase 1 and 2 are benefiting from the improvements.
Once platting of lots or the recording of declaration of condominium, ("Assigned
Properties") has occurred and lot.<; are developed, the assessments will be assigned to the Assigned Properties based on the benefits they receive. The Unassigned
Properties, defined as property that has not been platted, will continue to be assessed
on a per acre basis. Eventually the development plan will be completed and the debt relating to the SoJara Development, Phase 1 and 2 Bonds will be allocated to the
planned 555 residential units within the Solara Development, Phase 1 and 2. The
planned 555 residential units are the beneficiaries of the Solara Phase 1 and 2 Bonds, as depicted in Table 5 and Table 6. If there are changes to Development Plan, a true
up of the assessment will be calculated to determine if a debt reduction or true-up payment from the Developer is required. The process is outlined in Section 3.0
TI1e assignment of debt assessments in lhis Assessment Report sets forth the process by which debt is apportioned. As mentioned herein, this Assessment Report will be supplemented from time to time.
Allocation of Benefit
The Solara Phase 1 and 2 Project consists of certain earthwork (excluding any assessable lands in Solara Development, Phase 1 and 2) and roadways, stormwater
facilities,  potable water, reuse water and wastewater, electrical  undergrounding
differential, landscaping, and hardscaping as detailed in the Engineer's Report, and professional fees along with related incidental costs. TI1ere is one product type
within the planned development. The townhome home has been set as the base unit and has been assigned one equivalent residential unit {"ERU"). Table 4 shows the
allocation of benefit to the particular land use. It is important to note that the benefit d(�rived from. the Solara Phase 1 and 2 Project on the particular unit<; exceeds the cost that the units will be paying for such benefits.

6

Lienability Test: Special and Peculiar Benefit to the Property
Construction and/ or acquisition by the District of its proposed Solara Phase 1 and 2 Project will provide several types of systems, facilities and services for its residents. TI1ese include certain earthwork (excluding any assessable lands in Solara Development, Phase 1 and 2) stormwater facilities, potable water, reuse water and wastewater, electrical undergrounding differential, landscaping, and hardscaping, and professional fees along with related incidental costs. The Solara Phase 1 and 2 Project improvements accrue in differihg amounts and are somewhat dependent 011 the type of land use receiving the special benefits p<:.•culiar to those properlies, which flow from the logical relationship of tl1e :improve.ments to the properties.

Once these determinations are made, they are reviewed in U1e light of the special benefits peculiar to the property, which flow to the properties as a result of their logical connection from the improvements in fact actually provided.

For the provision of the Solara Phase 1 and 2 Project, the special and peculiar benefits are:

the added use of the property,
added enjoyment of the property, and
the probability of increased marketability and value of the property.
These special and peculiar benefits are real and ascertainable, but are not yet capable of being calculated as to value with mathematical certainty. However, each is more valuable than either the cost of, or the actual non-ad valorem spec ial assessment levied for the :improvement or the tlebt as allocated.

Llenability Test Reasonable and Fair Apportionment of the Duty to Pay Non-Ad Valorem Assessments
A reasonable estimate of the proportion of special and peculiar benefits received from the Solara Phase 1 and 2 Project described in the Engineer's Report is delineated in Table 5 (expressed as Allocation of Par Debt per Product Type).

The detP..rmination has been made that the duty to pay the non-ad valorem special assessments is fairly and reasonably apportioned because the special and peculiar benefits to the property derived from the acquisition and/or conslruction of the Solara Phase 1  and 2 Project have been apportioned  to  the property according  to reasonable estimates of the special and peculiar benefits provided consistent with the product type categories.

7

Accordingly, no acre or _parcel of property within Solara Phase l and 2 will have a lien for the payment of any non-ad valorem special assessment more than the determined special benefit peculiar to that _property and therefore, tl1e debt allocation will not be increased more Uwn the debt allocation set forth in this Assessment Report.

In accordance with the beneiit allocation suggested for the product type in Table 4, a total debt per unit and an annual assessment per unit have been calculated for the one product type (Table 6). These amounts represent the preliminary anticipated per m1it debt allocation assuming all anticipated units are built and sold as planned, and the entire proposed Solara Phase 1 and 2 Project is developed or acquired and financed by the District.

3.0	True Up Mechanism
Although the District does not process plats, declaration of condominiums, site plans or revisions then�to for the Developer, it does have an important role to play during the course of platting and site pla1ming. Whe.never a plat, declaration of condominium or site plan is processed, the District must allocate a portion of its debt to the property according to this Assessment Report outlined. herein. In addition, the District must also prevent any buildup of debt on Unassigned Property. Otherwise, the land could be fully conveyed and/ or platted without all of the debt being allocated. To preclude this, at the time Unassigned Properties become Assigned Properties, the District will determine the amount of anticipated assessment revenue that remains on the Unassigned Properties, taking into account the proposed plat, or site plan approval. If the total anticipated assessment revenue to be generated from the Assigned and Unassigned Properties is greater than or equal to the maximum annual debt service then no adjustment is requfred. In the case that the revenue generated is less then the required amount then a debt reduction or true-up payment hy the landowner in the amount necessary to reduce the par amount of the outst,mding bonds to a level that will be supported by the new net annual debt service assessments.

4.0	Assessment Roll
The District will initially distribute the liens across the property platted into residential lots within Solara Development, Phase l and 2 of the District bow1daries, with remaining liens placed on unplatted property on an equal gross acreage basis. As Assigned Property becomes known with certainty, the District will refine its allocation of debt from a per acre basis to a per unit basis as shown in Table 6. If the Development Plan changes, then the District will update Table 6 to reflect the changes. The current master assessment roll for the Solara Development, Phase 1 and Phase 2 is depicted in Table 7.

8

TABLE 1
WESTSIDE COMMUNITY DEVELOPME NT DISTRICT DEVELOPMENT PROGRAM
MASTER ASSESSMENT METHODOLOGY FOR SOLARA DEVELOPMENT, PHASES 1 AND 2

Product Ty�-
Single Family - 50' Single Family - 40' Townhomes

Total Units*

Phase 1

144
92
76

312

Phase 2

83
160
0

243

Total

227
252

ERUs per Unit (1)

1.20
1.10
1.00

Total ERUs

272.4
277.2
76.0

625.6

({J

(1) Benefit is allocated on an ERU basis; based on density of planned development, with Townhome ::: 1 ERU
* - Unit mix is subject to change based on market and other factors

Prepared by: Governmental Management Services - Central Florida, LLC

1TA8LE 2
WESTSIDE COMMUNITY DEVELOPMENT DISTRICT INFRASTRUCTURE COSTESTIMATES
MASTER ASSESSMENT METHODOLOGY FOR MASTER ASSESSMENT METHODO�OGY FOR SOLARA DEVELOPMENT, P~HASES 1 AND 2

Phase Three Assessment Area One Project !1)	Phase 1
Earthwork	$512,484
Roadways	$0
Onsite Collector Roadway Drainage	$1,152,500
Wastewater Collection	$748,850
Potable Water Distribution	$703,100
Reuse Water Distribution	$361,200
Stormwater	$1,195,796
Landscape, Hardscape, and Irrigation	$873,600
Electrical	$35,000
Professional and Inspection Fees, Other Misc. Fees	$57,800
Contingency	$90,860
Totals	$	5,731,190 $

{l) A detailed description of these improvements is provided in the Engineer's Report revised Septemeber 6, 2017 prepared by Hanson, Walter, and Associates

Prepared by: Governmental Management Services - Central Florida, LLC

Phase 2	Cost Estimate
$52,530	$565,014
$0	$0
$1,590,000	$2,742,500
$600,500	$1,349,350
$524,800	$1,227,900
$387,600	$748,800
$122,570	$1,318,366
$729,800	$1,603,400
$25,000	$60,000
$30,840	$88,640
$406,364	$497,224
4,470,004	$10_,201,194

TABLE 3
WESTSIDE COMMUNITY DEVELOPM ENT DISTRICT BOND SIZING
,MASTER ASSESSMENT M ETHODOLOGY FOR SOLARA DEVELOPMENT, PHASES 1 AND 2

.De$Cri1>_tion	Total	

Construction Funds Debt Service Reserve Capitalized Interest Underwriters Discount Cost of Issuance Contingency

$	10,201,194
$	944,436
$	1,170,000
$	260,000
$	350,000
$	74,370

 Par Amount*	$	13,000,000 
Bond Assumptions:

Interest Rate Amortization Capitalized Interest Debt Service Reserve Underwriters Discount

6.00%
30 years
18 months Max Annual D/S
2%

* Par amount is subject to change based on the actual terms at the sale of the bonds

Prepared by: Governmental Management Services - Central Florida, LLC

TABLE 4
WESTSIDE COMM UNITY DEVELOPMENT DISTRICT ALLOCATION OF IM PROVEMENT COSTS
MASTER ASSESSMENT METHODOLOGY FOR SQLARA DEVELOPMENT, PHASES 1 AND 2

% ofTotal		Total Improvement Product Type	No. of Units *	ERU Factor	Total ERUs	ERUs	Costs Per Product Type

Improvement Costs Per Unit

Single Family - 50'	227	1.20	272.4	43.5%	$	4,441,824	$	19,568	
Single Family - 40'	252	1.10	277.2	44.3%	$	4,520,094	$	17,937	
Townhomes	76	1.00	76.0	12.1%	$	1,239,275	$	16,306	

N

....

Totals	555	625.6	100.00%	$	10,201,194
* Unit mix is subject to change based on marketing and other factors

Prepared by: Governmental Management Services - Central Florida, LLC

TABlE S
WESTSIDE COMMUNITY DEVELOPMENT DISTRICT ALLOCATION OF TOTAL PAR DEBT TO EACH PRODUCT TYPE
MAST_ER ASSESSM�NT METHODOLOGY FOR SQLARA DEVELOPMENT, PHASES 1 AND 2

Product Typ�	No., Qf Units *	ERU Factor	ERU Totals	% of ERU Single Family - 50'		227		1.20		272.40		43.5%
Single Family - 40'	252	1.10	277.20	44.3%
Townhomes	76	1.00	76.00	12.1%

Improvement	Allocatlon of Par Costs by	Debt Per Product
Product Type••	Type	Par Debt Per Unit
$	4,441,824  $	5,660,486	$24,936
$	4,520,094   $	5,760,230	$22,858
$	1,239,275  $	1,579,284	$20,780

Totals	645.6	100%
Unit mix Is subject to change based on marketing and other factors

$  10,2q_1,1_94   $	13,000,000

** Balance of Infrastructure Needed for Project to be Funded by Developer

Prepared by: Governmental Management Services - Central Florida, LLC

TABLE 6
WESTSIDE COMM UNITY DEVELOPMENT DISTRICT
PAR DEBT AND ANNUAL ASSESSMENTS FOR EACH PRODUCTTYPE
MASTER ASSESSMENT f\llETHODOLOGY FOR SOLARA DEVELOPMENT, PH.ASES 1 AND 2

Net Annual	G ross Annual
Allocation of Par	Debt	Debt
Debt Per Product	Total Par Debt Maximum Annual Assessment	Assessment Product Type	No. of Units *	Type		Per Unit	Debt Service	Per Unit	Per Uni!_ (l)

Single Family - 40'	252	$	5,760,230	$	22,858	$	418,475	$	1,661	$	1,767	
Townhomes	76	$	1,579,284	$	20,780	$	114,733	$	1,510	$	1,606	

Single Family - SO'	227	$	5,660,486	$	24,936	$	411,228	$	1,812	$	1,927

Totals	555	$	13,000,000	$	944,436
(1) This amount includes collection fees and early payment discounts when collected on the Osceola County Tax Bill
* Unit mix is subject to change based on market and other factors

Prepared by: Governmental Management Services - Central Florida, LLC

ESTSIOECOMMUNlTI DEVELOPMl:NT OISTIUCT PRELIMINARY ASSESSMENT ROU.
MASTl:RASSESSMENT METHOOOlOGY FORSOlARA DEVELOPMENT, PHASES l ANO 2	

Assessment

TAollocatal Ptaionr DPeebrt   NeAst AsessmnnualeDMebt  Gross Annual Debt
Owner	Pr�ert'i Address	Parr.el ID	Product Tl]!•	Unit	AUocatic,n            . Allocotlon (11
MATTAMY ORI.ANDO U.C	1&50 SAWYER PALM            PL	18·2S-27-4941-0001•1000	SF •SO          $       24,936   $	1.B12  $	1,927 MATTAMY ORLANDO LLC	1840 SAWYERPALM          PL	18-2S-27-4941·000l•l010	Sf-50         $         24,936    $	1.812  $	1,927 MATTAMV ORlANOO LlC	1830 SAWYER PALM           Pl	18-25-27-4941-0001-1020	Sf-50        $        24.936   $	1,812   $	1,927
MATTAMVORLANDO LLC	1820 SAWYER PALM          PL	18-25-27-4941-0001-1030	SF-50         $        24,936  $	1,812  $	1,927 MATTAMY ORIANDO LlC	1810 SAWYER PALM          PL	18-25-27-4941-0001·1040'	SF-SO         $        24,936   $	1.812  S	l.927 MATTAMY ORLANDO lLC	1800 SAWYER PALM         Pl        18-25-27-4941-0001•1050	SF-SO         $        24,936   $	1.812  $	1.927
MATTAMY ORLANDO lLC	1790 SAWYER PALM          Pl        18·25·27-494UXl01•1060	Sf-SO        $        24,936  $	1,812  $	1.927
MATTAMY ORI.ANDO lLC	1780 SAYtYER PALM           Pl	18-25-27-4941-0001-1070	SF-50        $        24.936   $	1,812   $	1.927
MATTAMY ORLANDO UC	1770 SAWYER PALM       PL       18-25-27-4941·0001-1080	SF -SO          $       24,936   $	1,812  $	1.927

s

MATTAMY ORLANDO U.C	1760 SAWYER PALM           PL	18-2S-27-494l-000!·1090	SF-SO        $        24,936   $	l.S12   $	1,927 MATTAMY ORIANDO U.C	1750 SAWYER PALM         PL        18..!5-27-4941-0001-1100	Sf-SO        $        24.!136  $	1,812   $	1,927 MATTAMY ORIANOO ll.C	1740 SAWYERPALM         Pl	18-2S-27-4941-0001-1110	SF -SO         $       24.!136  $	1,812   $	1,927 MATTAMY ORLANDO LLC	1730 SAWYER PALM            PL	111-25-27-4941-0001·1120	Sf-SO        $        24.936   $	1,812   $	1,927 MATTAMY ORLANDO LLC	1720 SAWYER PALM           pt	18-25-27-4941-0001·1130	Sf-SO        $        24,936	1.812  $	1,927 MATTAMY ORlANOO UC	1710 SAWYER PALM          pt	18-2S-27-4941-000l-ll40	Sf-SO         $        24,936    $	1,812   $	1.927
MATTAMY ORLANOO llC	9025 SUNSET PALMS         TEI          111-25·27-4941-0001-lL"O	Sf -SO         $         24,936   $	1,812   $	1,927

Sf -SO

MATTAMY ORLANDO llC	9027 SUNSET PALMS       TER      18-25·27-4941-0001-1160	SF•SO         $        24,936   $	1,812  S	1.927

22.asa s...

s

MATTAMY ORLANDO LLC	9029 SUNSET PAL\1S          TER        18-2S-27-4941·0001-1170		$        24,936  $	1,812  $	1.!127 MATTAMY ORLANDO U.C	9031 SUNSET PAL�S         TER          18-2S-27-4941·0001-1180	SF -SO          $       24,936  $	1,812  $	1,927 MATTAMY ORLANOO ll.C	1633 NASSAU POINT      TRl       16-25-,l.7-4941-0001-1190	Sf-40        $        22.858    $	1,661  $	1,7fi7 MATTAMY ORLANDO U.C	1629 NASSAU POINT      TRI.    18-25-27-4941-0001-1200	SF -40         $        22,858   $	1,661  $	1,767
MATTAMY ORLANDO LLC	1625 NASSAU POINT        TRL         18-25-27-4941-0001-1210	Sf •40        $         22.asa	1,661  $	1,767 MATTAMY ORLANDO ll.C	1621 NASSAU POINT        TRL         18-25-27-4941-0001-1220	Sf-40       $	1.661  $	1,767
MATTAMY ORLANDO lLC	1517  NASSAU POINT       TRL        18-25-27-4941-0001-1230	Sf ·40         $        22,858  $	1.661   $	1,767
MATTAMYORLANDO llC	1613 NASSAU POINT      TRL      18-25-27-4941-0001-1240	SF - 40          $        22,858   $	1,661  $	1,767
MATTAMY ORLANDO lLC		0	18,25-27-4941-0001-1250	SF ·40       $         22,858  S	1,661  $	1,767 MATTAMY ORLANDO llC	1616 HERONS GREEN      PATH       182S•27-4941-0001·1250	SF - 40          $       22,8.SS  $	1,661  $	1,767 MATTAMY ORlANOO LLC	1612 HERONS GREEN     P"-TH     18-25-27-4941-0001-1270	SF-40       $        22,858  $	1,661  S	l,7fil
MATTAMV ORLANDO ll.C	1608 HERONS GREEN       PATH      18-25-27-4941-0001-1280	SF - 40         $       22,858   $	1,661  $	1,767
MATTAMV ORLANDO U.C	1604 HERONS GREEN     PATH      18-25-27-4941-0001-1290	SF -40        $        22,SSS   $	1,661   $	1,767 MATTAMYORLANDOlLC	1600 HERONSGREEN       PATH         18-2.H7-4941-0001-1300	SF- 40        $       22,1158  $	1,661  $	1.767

s

MATTAMY ORLANDO LLC	1718 CARIBBEAN VIEW     TER          18-25-27-4941-0001-!310	Sf ·40        $        22,8S8    S	l,661   $	1,767 MATTAMY ORLANDOU.C	1712 CAlUBBEANVIE.W    TER       la-25-2?-4941-0001-1320	Sf · 40	22,858   $	1,661  $	1,767
MATTAMY ORLANDO ll.C	 17� CARIBPEAN VIEW      TER          18-25-27-4941·0001-1330	 SF- 40         $         22,858   $	 1,661   $	1,767 MATTAMY ORLANDO lLC	1700 CARIBBEAN VIEW   TER    18-25-27-4941-0001-1340	Sf•40        $        22,858  $	1,661  $	1,767
MATTAMY ORLANDO llC	9013 SUNSET PALMS        TER        18-25-27-49�1-0001 1350	SF - 40          $       22,858  $	1,661  $	1,767
MATTAMY ORLANDO UC	9009 SUNSET PALMS       TER        18-ZS-27-4941-0001-1360	SF-40       $        22.858  $	1.661  $	1,767

s

MATTAMY ORlANDO LLC	9005 SUNSET PALMS       TER         18-25-27-4941-0001-1370	SF · 40          $       22,858  $	l.661   $	1.767
M"-TTAMY ORI.ANDO LLC	9001 SU1115ET PALMS         TER          18-25-27-4941-0001-1380	SF - 40	22,858   $	1,661   $	1,767
MATTAMY ORLANDO UC	9036 EGRET MILLS	iER          18-25-27-4941-0001-1390	SF · 40          $        22,8S8    $	1,861  $	1,767
MATTAMY ORLANDO llC	9032 EGRET MILLS	TER	l8-2S-Z7-4941-0001-1400	SF-40	$	1,661  5	1,767

s

MATTAMY ORI.ANDO LLC	9028 EGRET MILLS	TER       18-25-27-4941-0001-1410	SF -40        $        22,858    $	1,661  $	l.767 MATTAMY ORLANDO LLC	9024 EGRET Mlll.S	TER      18-25-27-4941--0001-1420	SF- 40       $        22.858   $	1.661   $	l,767 MATTAMY ORLANDO LLC	9020 EGRET MILLS	TER        18-25-27-4941-0001-1430	SF -40        $        22.858  $	1,661   $	1,767
MATTAMY ORJ.ANOO lLC	9012  EGRET MILLS	1tR	18-.5-27-4941-0COl-1440	SF - 40	22.858   $	l,661   $ 	1.767
MATTAMY ORlANDO ll.C	 9008  EGRET MIU.S	 TER          18-25-27-4941-0001-14S0	SF -40         $         22,858   $	 1,661   $	 1,7fi/ MATTAMY ORLANDO LLC	9004 EGRET MILLS	TER           18-25-27-4941-0001·1460	SF -40        $         22,858   $	1,661  $	1,767
MATTAMY ORLANDO U.C	9000 EGRET MILLS	TER	16-25-27-4941-0001-1470	SF - 40	$	22,858  $	1,661   $	1,767 MATTAMY ORLANDO LLC	9039 PELICANCOVE	TRACE   18-ZS-27-4941-0001•1480	SF · 40	$	22.858   $	1,661  $	1.767
MATTAMYORlANDO lLC	9035 PELICAN COVE        TRACE    18-25-27-4941•00011490	SF- 40          $        22,858   S	1.661  $	1,767
MATTAMY ORLANDO lLC	9031 PELICAN COVE         TRACE    18-2 ►27-4941.0001-1500	SF - 40          $       22,8S8   $	1,661   $	1,767

s

MATTAMY ORLANDO ll.C	9027  PELICAN COVE          TRACE     18-25-27-4941•0001-!510	SF - 40         $         22,858   $	1,661   $	1,767
MATTAMY ORLANDO ll.C	9023  PELICAN  COVE         lllACE     18-25-27-4941-0001-1520	SF - 40	22,858   $	l.661   S	1,767

ownMATeTrAMY

Total ParDebt  Net Annual 0ebt Gross Annual Debt

Allocation Per	Assessment	Assusment

Prope!:9: Addrus.	Parcel ID	 	ProductT�e	Untt	Allo           o           t           i           o           n	Allocation (1)

SF -40

MATTAMY OR1I.AANDDO UC	901115 PELPELICAANN cCoOvVel:	TRA"IRACCE     1S-S-2S-S-27-4-494411.-0l000011·-11545a00

SF - 40

s	. 2222,,&85S&8   $$

1,661 $

11,,7767

MATTAMY ORLANDO llC	9007 PELICAN COVE	TRACE     1!1-25-27-4941-0lOl-lSSO	SF ·40	$

22,ssa s

1,661 $

1,767

MATTTTAAMMYY ORR!A!ANDDO UllCC

990338 PPEELLIICCAN CCOVVEE	TRATRACCEE      118S..,,:.2SS--2277--449411,000•00011-·11S65700

SF -·4400

$s	22,858   $	11,.666611   $ 	1.767

MATTAMY ORLANDO llC	9034 PWCAN COVE	lRACE     1S..2S-27-4941-000l·l580	SF - 40	$	22,asa   $	1,666611   $	11,,7677

TRAC

MATTTTAAMYY OORRIALANNDOO Ull.CC	902360 PELICCAAN cCOoVEve

TRAC

1188•.22S-5-2277-4-4994411-00·000011··1659000	Sf - 40	$

2222,,445588   $

1,661  $	1,767

MATTAMY ORLANDO UC	9022 PELICAN COVE	TRACE     18-2S-27-4941-000l·l610	SfSF-- 440	$	22,858   $	11,,666611   $	1,7767

MATTAMY ORLANDO UC	9014 PELICAN COVE	TRACE  18·2S-27-494l-0001-1630	SF - 50	s	l4.936   $	1,412  $	1,927

MATTAMY OR!ANDO llC	9018 PELICAN COVE	TRACE 18-25-27-4941·0001-1620	SF - 40	$	22,458  $	1,661  $	1,767
M ATTAMY ORLANDO llC	9010 PEllCAN COVE	TRACE    l!l-2S-27-494l-0001•1640	SF- SO	$	24,936   $	1,812   $	1.92'1

9006 PELICAN COVE

MMAATTTTAAMY ORLANDO llLlC

9002 PELICAN COVE

TRACE    11S..S..22SS--2277-4-49411.00.«I0011--1166S0O	SFSF--4400

$	222.,885588   $

1,661 $

11,,77677

MATTAMY ORI.ANDO llC	9041 FLAMINGO KEY	WTRAAYCE

IS..25-27-4941.0001-1670	SF-40	s

22,858 $

1,661 $

1,767

MATTAMY ORLANDO llC	9037 FLAMINGO KEY	WAY	1S-2S-27-4941-000l-1680	Sf- 40	$	22,858   $	11,,6661   $	1,767
MATTAMY ORI.ANDO UC	9033 FLAMINGO KEY	WAY	1&-2S-27-4941.0001-l690	SF-40	$s	22,858   $	1,661   $ 	1.767

MATTAMY ORLANDO llC	WAY	s	$

MATTAMYORLANDO UC	9029 FLAMINGO KEY	WAY	18.2S-27-4941.«IOl·l700	Sf -40	$	22,858  $	1,661   $	1,767
�025 FLAMINGO KEY	18•25-27-4941.0001-1710	SF-40	22,858  $	1,661	1,767
MATTTTAAMYV ORLAlANNDDO lllLC	99002171 FFLLAAMINGOGO KEkEYY	WWAAYY	1!1S..-2S-s-227-4-49411-.0000001-11773200	SSFF--4400	$	22,,8588   $	1,6611   $S	11,,7767
MATTAMY ORLANDO llC	9013 FLAMINGO J(EY	WAY	l&-ZS-27-4941.0001-1740	SF - 40	$	22.858    $	1,661  $	1,767

MATTTTAMYYORI.ALANNDDOO llllC	900095 FFLALAMINNGGOO KEKl:YY

WWAAYY	1!1-2S-27-4941-0001-17so	SFSf -- 4400

$$	22,,858858   $

11.,66611   $

11,,7677

MIITTAMY ORLANDO llC	9001 FLAMINGO KEY	WAY	118--Z2S5-'227-44994411--00000011-·l1n76O0	SF - 40	$	22,858   $	1,661   $	1,767

s

MATTAMY ORLANDO llC	9040 FLAMINGO KEY	WAY	18.ZS-27-4941-0001-1780	SF -SO	$	2244,99336    $	1,812   $	11,,9277

MATTTTAAMMY OORRLLAANNDO UllCC	99002832 FFLLAAMMIINGOGO KEKEY

WWAAYY	1lS..8-225S--2277-4-4941l--00000011·-11879000

SF - 50	s

24,936 $

11,.381122   $	1,927

MATTAMY ORLANDO llC

990240·FFlALAMMIINNGOGO J<EKEYY	WAY	l.8-18-22SS--277-4-494411-00.000011--1182810

SSFF ·- SO50	$

2244.,9936   $

1,812   $	11,,9277

MATTAMY ORLANDO LlC

!1012 FLAMINGO KEV	WAV	1S..2S-27-4941-0001·1830

Sf- 50	$

24,936 $

11.881122   $	1.927

WAY

MATTTTAAMY ORLLAANNDDO LULCC	9008 FLAMINGO J<EY	WAV	IS-25-27-4941-0001-1840

SFSF -- SO50	s$

24,936   $	1,812  $	1,927

MAlTAMY ORLANDO UC	99000400 FFLALAMINGGO KKEEY	WAY	l1S..S..22s-S-2277-4-494411-.00000011-·11B5860

SFSF ·- SSO	$

2244,,936    $$	1.812   $	11..927

TRL

MATTTTAAMYY ORRLlANANODO IJ.LLCC	11535337 NNAASSSAUSAU PPOIOINNTT	TIU.	U18!,--2S5--2277-4-49411.000-00011-•11878800	SFSf-• SOSO	s$

244.,993366   $	11,8,81122   $$	11..992277

MATTAMY ORIANDO UC

1S29 NASSAU POINT	TRL	18-25-27-4941-0001·1890	SF- 50	$	24,936   $	1.812   $	1,927

SF - SO

MATTTTAAMY ORRLLAANNDDO tLLtCC

1525 NASSAU POINT	TIil	18.2S-27-4941-0l01-1900	Sf - 50	$	24,936  $	1,812   $	1,327

MAATTTTAMYY ORLLANDC UllCC	11551173 NASSAUNASSAU PPOINNTT	TITiRll	18S.-225--27--44994411--0001--1192100	SF - SO	$	224.,993356   $	1,8112   $	1,927

MATTAMY ORI.ANDO UC	1509 NASSAU POINT	TRl	1S-25-i7-4941-0001-1930	Sf - SO	$	224,993366   $

11,,88112   $

l1.,99227

MATTAMV Ol!l.ANDO UC	lSOS NASSAU POIJIIT	TRL 	18-25-27-4941-0001-1940

SF -· S50O

$s	24,936    $	1,812   $ 	1.927

MATTTTAAMMYY ORRI.LAANDOO LULCC	l18SO71l SNAAWYSSAEUR PPOALIJIITM	PTlRL	l1S..8-22S-S-2277-4-499411.-00000011--11969500

SFSF --4400

$	2222,,4458   $

1,661  $	1,767

MMAATTTTAAMY OORRLALANNDOOO lUlCC	11885611 SSAAWWYYEERR PPAl.ALMM

PPLl

1l8a-2·255--2277--44994411.-0lO0001l--1998700

SF- 40

22,858 $

1,661  $	1,767

MATTAMY ORlANDO LLC	184S SAWYER ?Al.M	Pl	18-25-27-4941.«IOl-1990	Sf -40

$$	22,858   $

1,661  $	1.7E7

MATTAMY ORLANDO llC	1841 SAWYER PALM	PL	18-25'27-4941-0)01-2000	Sf - 40	$	22.858   $	11,,6611   $$	11,,7767
MATTTTAAMYYORRLLANDOO UUCC	J8!S SAWYER PALM	PPlL	18-25-27-4941-0001·2010	SF -40	$	22,458   $	1,661   $	1,767

MATTAMY ORLANDO LLC

1811 SAWYER PALM

18-25-27-4941-0001-2020	SF ·40	$	22.858  $	1,661  $	1,767

PL	1S-2S-2  -4  41-0001   040

MATTAMY OALANDO llC	11780911 SSAAWYWYEERR PPALAl.M

PL	18-25-27-4941.QOOl-2180	SF-40	$	22,858  $	1,661  $	1,767

MATTAMY ORLANOO UC	1781 SAWYER PAI.M

SF ·-40
PL	18-2S-27-4941.«I01·20SO

$	22,858   $	11,,666511   $	11.,77677

MMAATTTTAAMY ORLALANNDDO lLlLCC

1775 SAWYER PALM	PL	18·:.S-27-4941-0lOl-2060	SfSf -- 440	$	22,858   $	1,661   $	1,767

22.858   $	1,6$

MATTTTAAMYV ORLLANANDO lLLCC	1177671 SAAWYEERR PPAALLM

PPLL

118,,S..225S--277-4-49441J-00.000011--22000700	SSFF--4400

$	2222,,85588   $

11,,6611   $

11,.776677

MATTAMY ORLANDO llC	11S74518 SSAANWDYYERPAPRAKLM

TPRlL

18-25-27-4941-0001-2@0	SF -40	$	22,858   $$

1,661  $	1,767

MATTAMY ORLANDO ll.C	1844 SANDY PARK	TRL

11B8--22SS--277-4-49411..«I000011-·22110010

Sf -40
Sf ·40	$	22,858  $	1,661 $

1,,77657

J)wnet":
MATTAMYOl!Ul!iDP UC MATTAMYORlAhOO i.lC
MATIAMYOAl;,'...00 i.lC Ml,TTAMY Q&/IN!)O U.C MATTAMYORI.Akl>O  U.f.
MATTAMY ORt.AIIDO W: MATTAMYORt./iHl)I)  U.C: .
"'ATTI\M't'ORIAlll>O Uc. MATTAMY ORtAli® Uc. . MATTAMY Q!ll;ANDQ llC
MATTAMYORlANllO UC l\1ATTAMV ORJ.ANl;O \LC
MI\TTilMY ORI.ANDO LU: MATl'AWORt»JOO LLC M,_TTAWO�OOlLC MATTAMY ORl/41'/00 LLC MATTilM1'0RlANOOl.l,C
M,_TTAMV  OIUANOOLLC.
·MATTAMV O!u.AlliQO \h MATTAMV Ol!V.�OOt.C MATTl\MVOfMNII0.1  I;'
MATTAMV'OAlAJIIOO u.C
lv>ATTAMYORLAJllllO c!.C
MATTAMY()RJ.AJliDOtLC

l!AOSAM).Y PAAit 1136 s.>.NOVPAA�
1832 SANt>v PM( 1824 SAM)Y PA��
18.20 sA'ICV P4Rk
la'l6 SP.NOV l>AJI(
lll.ll 51-NM PAR!<
.180& SA.•d)Y PAR�
180. SANOt PAR� 1Wl SAADYl'A:11�

'

§(Jf¢r1li'/ElilOGf
90l& 51/NSl!!II�RlPGt
!l034 Sl)M;\IIRI; RJDGE 90',;0 �NSfllNE RIOGE·
'9024·SUNSHl>!E'Rl0Gt:
.SOOO SUNSH•NE RIDGE SOOI SUN9l!kf RIOGJ.
!iooa SIJNSlliNf !1101:iE S014 s.JNSl:1111£ R 00€
!lOioSU('ISHlt.£ 1HlG£ 9oot �LNE IUl)GI:
,005 SUl\'5HINE RJO(;f
!1009 SU�INE !WXiE
9® SIJ�INEfi!OGl'

l>•raot ID

Pfoilo,Jtv MdJ&

1lli.	l!i.�27-4941-0001-2120
'1l!l.	19"25-27-4941-0001-2130
'Till	l'il,1;5-27-4941-000H140 l�l	1�7-4941-0001 2150
TRL	1S,45-27-4941-0001-216Q
TRL	1�5-27-4941-0001-2170
Till	lt45-27-494l-0001-2180
lRL	lll-l:5-27-4941-0001-2190 'l'IIL	lHS-27-4941--0001-2200
Tllt	1$'15-27-4941--0001-2210
LOOP		1$'25-27-4941--0001-2220 t&.'Z5-27-4941-0001·2230
LOOP	MS-27-4941-0001-2240 tQOP	is�.s.21-4941-0001-22so
LOOP 18'?5-27-4941-0001-2260 LOOP l'll-25�7-4941-0001-2270 LOOP UH5-27-4941-0001-2280 LOOP        13'2 5-274941-0001-2290
LOOP 18-2�7-4941-0001·2300 lOOP ta-25-27-4941-0001-2310 LOQP       lli•lS-27-4941-0001·2320 LOOP    la..M-27-4941-0001·2330
1,00�	Ul,i;S-274941-0001·2340
1,0()p	ia.25-27-4941-0001·2350

Tot.II Par Debt   Net Annual Debt  Gross Annual Debt Product TX!             !      !      :	Uni           t	Allocatkln	Alocatkln Ill 

AsseiSment

SF '-40	s

Allocation Per       Assessment

22.SSS  $	1,661  $	1,767
SF -40	$	22,858   $	1,661  $	1,767
SF - 40	$	22.858  $	1,661  $	1,7�7
SF -40	$	22,858  $	1,661   $	1,767
SF- 40	$	22,858  $	1,661  $	1,767
SF-◄O	$	22,858  S	1,661  S	1,767
SF- 40	$	22.858  $	1,661 $
SF- 40	$	22.8S8  $	1,661  $	1.767

s

SF - 40	$	22,858  $	1,661  $	1,767
SF-40	22.858  $	1.561  $	1,767
SF - 50	$	24,936  $	1,812  $	1,927

s

Sf . so	$	24,936  $	1.812  $	1,927
Sf- 50	24,936   $	1,812  $	1,927
Sf- 50	$	24,936   $	1,812   $	1,927
SF- 50	$	24,936  $	1,812  $	1,927

SFSF -· SO50 

SF - 50	$	24,936  $	1,812  $	1.927
$	24,936  $	1,812  $	1,927
$	24,936   $	1,812  $	1.927

s

Sf . 50	$	24,936   $	1,812  $	l.927
SF - 50	24.936   $	1,812  $	1,927
SF - 50	$	24,936   $	1,812  $	1,927 Sf - SO	$	24,936  $	1.812  $	1.�27

s

SF• SO	$	24,936   $	1,812  S	1,927
SF - 50	24,936  $	1,812  S	1,927

MATTAMTQBLAM'   )O uc

9015 �Uf<SHl��RIOGE

tQQP	13"25-27-4941-0001-2360

Sf. 50	$

1)112  $	1,927

MATTAM'fo�O<>W,. MATT,lMY ORl A'lOO u,c MA--,-AMVORI.ANDO ti,
--1	MA'rrAMV ORI.ANOO:t.LC MATTAMY      ORl�OOUC
MATW,WOltlANCO Ll.C MAT'fMWoqµ.'1 00l1C MAfl'AI\IV()"1,i\NDO.u,C MATTAMYOl!LANOO U� 'MATTAMY ORlANOO ll( MATTAW OR!:ANPO U.:- MATTAMV  O�'ANOO U.C
MAJTA!',l'! ORl:ANIY.ll\i;: lll>ATT/iMY OJU.AIIDO U., MATTM\1'0RIANOO   u.t
MATTAMV OfU.�oo·u.c MATrAMY O�ANOOU.( MATTAM"\'   ORl.,!J,l!)O!.lcC
MATTAl,l'fn>ll.ANOOlli': MArrA>,I\' OR\AN�.o lLC MATTAMY<;>lj!ANOO UC MAlT,\MY ORlANOOliC
MMATTAiT�AMMYV OORRIL.A4Nll®OO lusc�
M',\'r'fl<ll,!V.QRLANOO U.C MATTAMYQlll.A/<00 tW
¥ATTAM't  ORt:AAOC'clC
MAmlMYO!U;Al'lllQlL' MAT'TAMYO!!iANDO  U£
MATTAMl'OR!.ANOO l1· MATrA:M• O!llANOO L,

,.c

MATTAMY Cfil.AMOll� MATTA�W 01':1;/INOO M4TTAMV 0Rl.Ah.-,0 U, IMTTIIMtOIIIAN�O Ll.C l\V,-:TA1';1YOl!1A.'I OO ltC

lSl:3 CAAEl"PAl.M
.:535 �ARt'f PALM 1Sl7 �EY PA1M l� ,ARE1 Pl<I.M lSU CAA� J>ALM

°')!P.

�Sel tAAl!Y PALM l!><!	P,i\1M 1547 CAA<'( Plll.M
l549 CJ\l!l;Y Pl-tM
•��l CJ\ll.fY PAi.lVi 1>53 CAAEV P�M
lS55 ��.�AU,,
Hsi CAAfiV'PAIJ,I
1�59 i)AA(j'; PAI.M l:Sol CAA�"! PALM JSU   CAREY PAlM
lSSH�PALM lSG" �AREY PAI.M 1569 CAAt•·P;j,M I 571 �AAfiV PAl M 1S3l CA�IIY PN.M
15!4 CAA&( Pl\l.M
l!ilo CAAEY PAl'-1 l·&.14 CJ\.qEY PALM
l540 CAREV FJ\l,M 1542 CAREY F,OU,! i3�    CAAEY PAl.M
l5'6 C-A��O>l.M l5'1:1, CAAEY PAL>.!
l51Ct CAAE'I PALM 1'5S, CA�EY .PAtM
.15!;4 CAREY PALM
l-S!-6  CAREY PALM
J�� tAAEY·PAtM
)560 CAR'f'I •:J.M 1562 CAAf''Pt�M

CIR        ·1S-15-174941-000l-2370
.Wt	1'}2';-27-4941-0001-2380
co•       'it•l5-27-4S41-0001-2390

<:IR

�IR	l&-1$-27-4941-0001-2400
.UYlS-27-4941•0001-2410
.CIR        l�'ZS-274941-0001•2420
CIR       1&-15-27-4941-0001-2430

.

:IR           rlt-25-27-4941-0001-2440
,.IP:	1$-tS-27-4941-0001-2450
·(lk	lt',25-27-4941-0001·2460
�iR JP�2'S-27-4941-0001·2470 C,fl          l&-l 5·27-4941-0001-2480 (11\     (8,15-27-4941--0001-2490
CIR   !B·,.S-27-4941-0001-2500 c,�      lA;-lS-27-4941-0001·25.10
ell•	!S-lS-274941-0001·2S20

C R 

CIR	11!--1$-27-4941-0001·251.0 CIR	18•25·27-4941-0001·2540 Cl!I   1$-25�7-4941-0001-2550 (II\     1e.-25-27-4941-000l·2560
lS.25-274941-0001•2570
(IR 18'<5-27-4941-0001-2$80 tn\'.          lfl-iS-27-4941-0001•2590
CIA	:ilt-lS-27-4941·0001-2600
CIR:	l$,,2S-27-494l-0001-2610 Gil\        · lt 25-27-4941-0001-2620
CIR	Jt-25-27-4941-0001·2630 CIR   .U-25-27-4941-0001•2640 OR	!$-25-27-4941-0001-2650
Cl�	!�is-"27-4941..ooca-26Eio
�•1'          .lll,J ,-27-4941-0001-2670 (IR       l� 15-27-4941·0001-2680 ( �	M-25-274941-0001-2690 C ;i	J,a U.-27-4941-0001-2700 (R         ·i!l-2<..27-4941-0001-2110 C• R	 lt·�!,-274941-0001-2720

TH	$	20,780   $	1.510  $	1,606
1li	$	20,780   $	1,510  $	1,606
1li	$	20.780   S	1,510  $	1,606
1H	$	20,780   $	1,510  $	1,606
TH	$	20,780   $	1,510  $	1,606
1li	$	20,780   S	1,510   $	1.506

s

TH	$	20,780   S	1,510  $	1,606

lH	s	20,780  $	1,510   S	l,606

1H	20,780   $	1,510  S	1,606
lH	s	20,780    $	1,510  $	1,606
1li	$	20,780   $	1,510  $	1,606

s

lH	$	20,780   $	1,510  $	1,606

s

1li	20,780  $	1,510  $	1,606
TH	20,780  $	1,510  $	1,606
lH	$	20,780   $	1,510  $	1,606
TH	$	20,780   $	1.510  $	1,606
TH	$	20,780   $	1,510  S	1,606
TH	$	20,780  $	1.510  $	1,606
TH	$	20,780  $	1,510  $	1,606

s

TH	$	20,780   $	1,S10  S	1.606
TH	20,780   $	1,510  $	1,606
TH	$	20,780   $	1,510  $	1,606
lH	$	20,780   $	1,510   $	1.606
TH	$	20,780   $	1,510  $	1,606
lH	$	20,780   $	1,510  $	1,606
lH	$	20,780   $	1,510   $	1.606

s

TH	$	20,780   $	1,510  $	1,506
TH	20,780  $	1,510  S	1.506

lH	s	20,780    $	1,510  $	1,606

TH	$	20,780    $	1,S10  $	1,606 TH	$	20,780   $	1.510  S	1,606

s

lH	s	20,780   $	1,510  $	1,606
TH	20,780   $	1,510  $	l,606
TH	$	20,780  $	1,510  $	1,606
TH	$	20,780    $	1,510  S	1,606
TH	$	20,780   $	1,510  $	1,606

Total Par' Debt Net Annual Debt Gross Arlnual Debt

Pto	Unit

Allocatlon Per	Asse$sment	Assessment
Owner	.Address	Pircel ID	Product	Allocation	Allocation 1

MAlTAMY ORlANDO LlC	1564 CAAEY PALM	CIR	111-25-27-4941-0001-273D	TH	s

1;$10	1,606

MAlTAMY ORlANCO llC	1566 CAREY PALM	CIR   18-25-27-4941-0001-2740	TH	$       20,780  $	1,510 $	1,606

s

MATTAMYORU\NDO LLC	1568 CAREY PALM	OR   18-25-27-4941-(1()01-2750	TH	$        20,780   $	1.51D  $	1.606

s

MAlTAMY ORLANDO LlC	1570 CAREY PALM	CIR     18-2S-27-4941.0001•2760	TH	20,780   S	1,510  $	1.606
MAlTAMY ORIANOO LiC	16U! CAREY PAL'l.1	OR       1s-2s-21-4941-0001-2no	nt	20,780   $	1,510   $	1,606

s

MATTAMYORLANDOLlC	1616 CAREY PALM	CIR    18-25.,27-4941.0001-2780	TH	$       20,780   $	1,510  $	1,606

$

MATTAMY ORLANDO LlC	1614 CAREYPALM	CIR   18-25-27-4941.0001-2790	TH	20,780  $	1.510 $	1,506
MATTAMV ORLANDO llC	16U CAREY PALM	CIR   13-2S.27-4941-0001-2800	TH	20,780   $	1,510 $	1.606
MATTAMYORLANOO LU:	1610 CAREY PALM	CIR       13-25-27-4941-0001-2810	TH	$        20,780   $	1.510  $	1,606
MATTAMV ORlANOO W:	1608 CAREY PALM	CIR   13-25-27-4941-0001-2820	TH	$       20,780   $	1.510 S	1,606
MATTAMV ORLANDO LlC	1606 CAREY PALM	CIR     18-25-27-4941-0001-2830	TH	$        20.780   $	1,510  $	1,606
MATTAMV ORLANDO W:	1604 CAREY PALM	CIR     18-25-27-4941-0001-2840	TH	$        20,780   $	1,510  $	1,806 MATTAMY ORLANDO LlC	1602 CAREY PALM	CIR     18-2S-27-4941-0001-2850	TH	$        20,780   $	1,510  $	1,606 MATTAMY ORLANDO LlC	1600 CAREY PALM	CIR     18-25-27-4941-0001-2860	'Ill         $       20,780   $	1,510  $	1,606
MATTAMYORLANDO llC	1598 CAREY PALM	CIR    18-25-27-4941-0001-2870	nt	$       20,780   $	1,510 $	1,606
M,>.TTAMY ORLANDo llC	1596 CAREY PALM	CIR         18-2S-27-4941.QOOl-2880	TH	$        20,780   $	1,510   $ 	1.606
Ml\lTAMYORI.ANDO LLC	1594 CAREY PALM	CIR     18-25-27-4941-0001-2890	TH	$        20,780   $	1,510  $	1,606
M,>.TTAMY ORLANDO lLC	1592 CAREYPALM	CIR   18-25-27-4941-(1()01-2900	TH	$       20,780  $	1,510  $	1,606
MATTAMYORLANDO llC	1590 CAREY PALM	QR   13-25-27-4941-0001-2910	TH	$      20,780  $	1,510 S	1,606
MAlTAMY ORIANDO LlC	1588 CAREY PALM	C1R      18-25-27-4941-0001-2920	TH	$       20.780   $	1,510 $	1,606
MA.TTAMY ORLANDO LLC	1586 CAREY PALM	CIR      lB-25-27-4941-0001-2930	111	$        20.780   $	1,510  $	1,606
MATTAMY ORI.AJ\IDO LLC	1584 CAREY PALM	CIR      13-25-27-494U)001-2940	111	$       20.780   $	1,510  $	1,606
MATTAMV ORLANDC LLC	1582 CAREY PALM	CIR      13-25-27-4941-0001-2950	TH	$       20.780  $	1,510  $	1,606 MAlTAMY ORLANDO LLC	1580 CAREY PALM	CIR          l&-25-V-4941-0001-2960	'Ill         $        20,780   $	 1,510   $	1,606 MAlTAMV ORI.ANDO LLC	1531 CAREY PALM	CIR      18-2S-27-4941-0001-2970	TH	$        20,780   $	1,510  $	1,606 MAlTAMV ORLANDO LlC	1S29 CAREY PALM	CIR    18-2S-27-4941-0001-2980	TH	$        20,780   $	1,510  $	1.606
MAlTAMY ORLANDO LlC	1527 CAREY PALM	CIR    18-25-27-4941-0001-2990	TH	$        20,780   $	1,510  $	1.606
MAlTAMY ORLANDO LiC	1525 CAREY PALM	CIR     18-25-27-4941.0001-3000	TH	$        20,780   S	1.510  $	1,606

�

MATTAMY ORLANDO LiC	1523 CAREY PAI.M	CIR     18-25-27-4941-0001-3010	TH	$       20,780  $	1..510 $	1.606

s

MATTAMY ORLANDO LlC	1521 CAREY PA!M	CIR      18-25·27-4941-0001-3020	TH	$       7.0,780   $	1,510  $	1.606
MATTAMYORLANDO LlC	1519 CAREY PA!M	C1R    18-25-27-4941-0001-3030	TH	20,780   $	1,510  $	1,605

MATTAMV ORLANDO UC	1S15 CAIU:Y PALM	CIR	18-25-27-4941-0001·3050	TH	s	20,780   $	1,510  $	1.606

0,	MAlTAMY ORLANDO LlC	1517 CAREY PALM	CIR	13-25-27-4941-0001-3040	TH	$	20,780  $	1,510 $	1,505
MATTAMY ORLANDO llC	1513 CAREY PALM	CIR      18-ZS.27-4941-0001·3060	TH	s   20,780  $	1,510  $	1.606
MATTAMY ORLANDO LlC	1511 CAREY PALM	CIR	18-25-27-4941·0001-3070	TH	$	20.780  $	1,510  $	l,606

s

MAlTAMY ORLANDO llC	1509 CAREY PALM	CIR      18-2S.27-4941-0001·3080	TH	$       20,780  $	1,510  $	1,6CE MATTAMV ORLANDO llC	1507 CAREY PALM	CIR       18-2S-27-4941-0001-3090	TH	$       20,780  $	1,510  $	1,606 MATTAMV ORLANDO LlC	1505 CAREY PALM	CIR         18-25-27-4941-0001-3100	TH		20,780   $	1,510  $	l,606 MATTAMY ORLANDOLlC	1503 CAREY PALM	CIR      18-2S-27-4941-0001-3110	111	$        20,780   $	1,510  $	1,606
MATTAMV ORLANDOllC	1501 CAREY PALM	CIR      18-25-27-4941-0001-3120	TH	$        20,780   $	l,510  $	1,606
MATTAMYORLANDO llC	1810 CARISBEAN VIEW TER     18-25-27-4941-0001-0100	SF - 50      $     24,936  $	1,812 $	1,927
MATTAMY ORLANDO LU:	1804 CARIBBEAN VIEW TEA    18-25-27-4941.0001-0110	SF· SO     $      24,936  S	1,812  $	1,927
MATTAMY ORLANDO LLC	1798 CARIBBEAN VIEW   TER    18�5-27-4941-0001-0UO	SF- 50        $       24,936  $	1,812  $	1,927 MATTAMY ORLANDO LlC	1792 CARIBBEAN VIEW TER    18•25-27-4941-0001-0130	Sf- SO      $       24,936  $	1,812  $	1,927 MATTAMY ORLANDO LLC	1785 CARIBBEAN ViEW  TER     18-25-27-4941-0001-0140	SF- SO     $    24.936  $	1,812   $	1,927 MATTAMY ORLANDO LLC	1778 CARIBBEAN VIEW  TER     1s-25,a7-4941-0001-0150	SF-SO       $      24.936  $	1,812  $	1.927
MAlTAMY ORLANDO UC	1772 CARIBBfAN VIEW  TER     18-25-27-4941-0001-0160	SF ·SO       $       24.936  $	1,812  $	1.927
MATTAMY ORLANDOLLC	1866 CARIBBEAN VIEW  TER     18-ZS-27-4941-0001-0170	SF - SO      $       24,936  $	1,812  $	1.927
MATTAMV ORLANDO LLC	1760 CARIBBEAN VIEW   TER     18-ZS-27-4941-0001-0180	SF - SO       $      24,935   $	1,812  $	1,927
MATTAMVORLANDO LLC	1854 CARIBBEAN VIEW     TER	18-25-27-4941-0001-0190	Sf • SO	$	1,812  $	1,927
MAlTAMV ORLANDO LLC	1748 CARIBBEAN VIEW  TER	13,25.,27-4941-0001-0200	SF · SO	$	24,936 $	1,812 S	1,927 MATTAMY ORLANDO LLC	1742 CARIBBEAN VIEW  TER	J.3-25-27-4941-0001-0210	SF- SO	$	24,936 $	1,812  $	1,927
MATTAMY ORI.ANDO LLC	1648 NASSAU POINT	TRL	18-2S-27-494l-0001-0220	SF- 50	$	1.812  $	1,927
MATTAMY ORLANDO llC	1644 NASSAU POINT	TRL	18-2S-27-4941-0001-0230	SF- SO	s	24,936 $	1,812  $	l,927 MATTAMV ORLANDO LlC	1640 NASSAU POINT	TRL	18-25-27-4941-0001-0240	5F - 50	$	24,936  $	1.812  $	l,927
MATTAMV ORLANDO W:	1636 NASSAU POINT	TRL	18-25-27-4941-0001-0250	SF- 50	$	24,936   $	1.812  S	1,927

MATTAMY ORLANDO LlC	1632 NASSAU POINT	TRL	18-2S-27-4941-0001-0260	Sf- SO	s

1,812  S	1,927

Proe!;rtV Address	

MATTAMY ORLANDO llC	1624 NASSAU POINT	TRL	18-25-27-4941-0001-0280	SF - SO	s	24,93&   $	1.927

Owner		Parcel -ID-	   Product 'T'/pe	Unit	Allocation	AllocaUon 111

TotalPar Debt Net Annual Debt Gross Annu1! Debt Allocatlon Pc:r	Assessment	Assessment

MATTAMY ORlANOO llC	1628 NASSAU POINT	TRl	18-25-27--1941-0001-0270

·s	24,936   $	um s	1,927

1,312  S
MATTAMY ORLANDO llC	1620 NASSAU POINT	TRL	18-25-27-4941-0001·0290	SF- 50	s	24,938    $	1.812  S	1,927
MATTAMY ORLANDO llC	1612 NASSAU POINT	TRl	18-25-27-4941-0001-0300	SF- SO	$	24,936    $	1.812   S	1.927

MATTAMY ORLANDO llC	1608 NASSAU POINT	TRI.	18-25-27-4941--0001-0310	SF - SO	s

1,1112 S	1,927

s

MATTAMYORIANDO llC	1604 NASSAU POINT	TRL	111-25-27-4941.()()()1-o320	SF- SO	$	24,936  $	l.812   S	1,927 MATTAMYOR1ANDO LLC	1600 NASSAU POINT	TRL	lll-25-27-4941-0001-0330	SF - SO		 24,936   $	 1,812   $ 	1.927
MATTAMYORl.ANOO llC	1596 NA$AU POINT	TRL	18-25-27-4941-0001-0340	SF·SO	$	24,936    $	1,812   $ 	1.927
MAlTAMYORl.ANDO LLC	1592 NA$AU POINT	TRL	18-25-27-4941.()()()1-0350	SF - 50	$	24.936   $	1,812  $	1,927

s

MATTAMY ORLANDO 11.C	1588 NASSAU POINT	TRL	18.25-27-4941.()()()1-0350	Sf •SO	$	24,936  $	1,812  $	1,927
MATTAMY ORLANDO 11.C	1584 NASSAU POINT	TRL	18.25-27-494HI001-0370	SF ·SO		24,936    $	1.812   $	1,927 MATTAMY ORLANDO 11.C	1580 NASSAU POINT	TRL	111-lS-27-4941-0001-0380	SF - SO	$	24,9,6    $	1,812 $
'MATTAMY ORLANDO 11.C	1S76 NASSAU POI NT	TRL	18-i!5-27-4941-0001-0390	SF- SO	$	1,812   $

MATTAMY ORLANDO 11.C
MATTAMY ORIA'IOO llC MATTAMY ORI.ANDO LLC MATTAMY ORLANDO LLC
MATTAMY ORLANDO LLC	1568 NASSAU POINT
1564 NASSAU POINT
1560 NASSAU POINT
1556 NASSAU POINT
1552 NASSAU POINT	TRL
IBL TRL TRL
TRL	18-25.27-4941-0001--0410
18-l5-27-4941-0001-0420
18-25-i!7-4941-0001-0430
18,2$,27-4941-0001--0440
18-25-27-4941-0001--04SO	Sf. SQ
Sf . so Sf . SQ SF - SO 
SF - SO 	s
s
$	24,936
24,936
24,936
24,936
24,936	$	1,812
$	1.811
$	1,812
$	1,812
$	1.812	$
$
$
$
$	
MATTAMY ORLANDO 11.C MATTAMY ORLANDO LLC MATTAMY ORLANDO LLC MATTAMY ORLANDO 11.C	1548 NASSAU POINT
1544 NASSAU POI NT
1S40 NASSAU POINT
1$32 NASSAU POINT	TRL IBL TRL TRL	18-i!S-27-4941-0001-0400
18-25-27-4941-0001-0470
18-25-27-4941-0001•0480
1S-25-27-494l-0001-04'l0	SF - SO SF - 50 SF • SO SF •40	s
$
$
$	24,936
24,936
24,936
22,858	$	1,812
$	1,812
$	1,812
$	1,661	$
$
$
$	

MATTAMY ORLANDO 11.C	1sn NASSAU POINT	TRL	18.25-27-4941-0001-0400	Sf. SQ	$s	24,936   $	1,812   $
s

1,927
1,927
1,927
1,927
1,927
1,927
1,927
1,767

MATTAMY ORLANDO UC	1528 NASSAU POINT	TRL	18-25-27-4941-0001-0500	SF ·40	$	22.858  $	1,661   $	1,767
MAlTAMY ORLANDO 11.C	1524 NASSAU POINT	TRL	18-25-27-4941-0001-0510	SF -40	$	22,858  $	1,661  $	1,767
MATTAMY ORLANDO 11.C	1$20 NASSAU POINT	TRL	18-25-27-4941-0001-0520	SF - 40	$	22,858  $	1.661  $	1,767

s

MATTAMY ORLANDO 11.C	1516 NASSAU POINT	TRL	18-25-i!7-4941-0001-0530	Sf - 40	$	22.858  $	1,661  $	1,767
MATTAMY ORLANDO UC	1512  NASSAU POINT	TRL	18-25-27-4941-0001-0�	SF- 40	22,858   $	1,661   $	1,767
MATTAMY ORLANDO 11.C	1$08 NASSAU POINT	TRL	lS-25-27-4941-0001-0550	SF - 40	$	22,858   $	1,661   S	1,767

�

MATTAMY ORLANDO LLC	1504 NASSAU POINT	TRL	1S-25-27-494l·OOOH)S60	SF -40	$	22,858  S	1,661  $	1,767
MATTAMY ORLANDO llC	1500 NASSAU POINT	TRL	18-25-27-494l.()()()l-0S70	SF - 40	$	21;1158 $	1,661   $	1.767

LOOP	Sf . SQ	s	24,936  $	1.812	1,927

9087 SUNSHINE RlDGE    LOOP	SF · SO	s	24,936   $	1,812   $	1,927

<O	MATTAMY ORLANDO llC	9091 SUNSHl!IE RIDGE   LOOP    18-25-27-4941-0001-0580	SF - SO	s	24,936    $	1,812   $	1,927 MATTAMY ORLANDO 11.C		18-25-27-4941-0001-0SSO

s

MATTAMY ORLANDO 11.C	9083 SUNSHINE RIDGE	18-25-27-4941-0001-0600	$

s

MATTAMY ORLANDO llC	9079 SUNSHINE RIDGE     LOOP       18-25-27-4941-0001-0610	Sf- 50	24.936  $	1.SU    $	1,927
MATTAMY ORLANDO 11.C	9075 SUNSHINE RIDGE  LOOP   18-25-27-4941-0001-0620	SF · SO	24,936  $	1.812   $	1,927
MATTAMY ORLANDO 11.C	9071 SUNSHINE RIDGE    LOOP     18-25-27-4941-0001-0630	SF - SO       $       24,936  $	1,1112 $	1,927
MATTAMY ORLANDO 11.C	9067 SUNSHINE RIDGE      LOOP       18-25-27-4941-Cl<IOl-064(1	SF - SQ         $         24,936   $	1,812   $	1,927
MATTAMY ORLANDO 11.C	9063 SUNSHINERIDGE  LOOP   111-l5-i!7-4941-0001-06SQ	SF· SO          $       24,936  $	1,812   $	1,927 MATTAMY ORLANDO 11.C	90SS SUNSHINE RIDGE   LCOP    18--25�7-4941-0001-0660	SF- SO       $       24,936  $	1,S.12   $	1,927 MATTAMY ORLANDO LLC	9055 SUNSHINE RIDGE   LOOP    18--25.27-4941-0001·0670	Sf. SQ         $       24,936  $	1,1112  $	1,927 MATTAMY ORLANDO LLC	 9051 SUNSHINE RlOGf       LOOP       lB--25-27-4941-000l-0680	 SF - SO        $         24,936   $	1,812   $	 1,927

s

MATTAMYORLANDO 11.C	9047 SUNSHINE RJOOl:   LOOP   18-25�7-4941-0001-0690	SF - 50        $       24,936   $	1,812  $	1,927 MATTAMY ORLANDO LLC	9043 SUNSHINE RIDGE    LOOP    18·25-i!7-494l•ll001-0700	SF · SO       $        24,936   $	1,812  $	1.927

s

s

MATTAMYORI.ANDO LLC	9039 SUNSHINE RIDGE     LOOP     18-25-27-4941-0001-0710	SF - 50	24,936   $	1,812  $	1,927 M"-lTAMY ORlANOO UC	9035 SUNSHINE RIOGE      LOOP       1s-2s-27-4941--0001-0no	 SF - SO         $         24,936   $	 1.812   $	1,927 MATTAMYORLANDO LLC	9031 SUNSHINE RIDGE   LOOP     18-25-27-4941-0001-0730	SF - 50	24,936    $	1,812  $	2,927
MATTAMY ORLANDO UC	9029 SUNSHINE RIDGE  LOOP   18-25-27-4941-<XlOl-0740	Sf· 50	24,936   $	1.812  $	1,927 MATTAMY ORLANDO 11.C	9025 SUNSHINE RIDGE LOOP   18--25-27-4941-0001•07SO	SF - SO          $       24,936    $	1,812   $	1.927

s

MATTAMY ORLANDO U.C	9021 SUNSHINE RIDGE  LOOP   18-25-27-4941-0001-0760	SF- SO      $      24,936   $	1,812  $	1,927

s

MATTAMY ORLANDO UC	1847 CARIBBEAN VIEW    TER        18-25-27-4941-0001-0770	SF- SO	24,936  $	1.812  $	1,927

MATTAMY ORLANDO llC	1835 CARIBBEAN VIEW TER

MATTAMY ORI.ANDO UC	1842 CARIBBEAN VIEW   TER       18·25-27-4941-0001-0780	SF - 50	24,936  $	1,812   $	1,927
18-25-27-4941-0001-0790	SF ·SO	$	24,936   $	1,812  $	1,927
MATTAMVORLANDO llC	1829 CARIBBEAN V\EW    TER       18-25-27-4942-0001-0800	Sf- SO      $      24,936  $	1,812  $	1,927

uu s

MATTAMY ORLANDO 11.C	2823 CARIBBEAN VIEW   TER        18-25-27-4941-0001-0SlO	SF· SO       $        24,936  $	1,1112 $	1,927

TER

MATTAMY ORLANDO LLC	1817 CARIBBEAN VIEW   TER      18-25-27-4941-0001-01120	SF - SO         $        24.936   $	1,927

TER

MATTAMY ORI.ANDO LlC	1811 CARIBBEAN VIEW	18-25-27-4941-000l-O&"lO	SF - 50          $       24,936    $	1.812   $	1,927
MAlTAMY ORtANDO UC	1805 CARIBBEAN VIEW	18-25-27-4941-0001-0840	SF · SO       $       24,936  $	1.812  $	1,927
MATTAMYORLANDO UC	1799 CARIBBEAN VIEW    TER       18-25-27-4941-0001-0850	SF - SO      $       24,936  $	1.812  $	1,927
MATTAMY ORLANDO UC	1793 CARIBBEAN VIEW   TER      18.ZS-27-4941-0001-0860	SF- 50         $        24.936   $	1,812   $	1,927
MATTAMY ORLANOO 11.C	1787 CARlBBEAN VIEW     TER	111-lS-27-4941-000l-0870	Sf. SQ	$	1.812  S	1.927
MATTAMY ORI.ANDO 11.C	1779 CARIBBEAN VIEW    TER	18-2S-27-4941·000l-0880	SF - SO	$	24,936  $	1,812   $	1,927

Owner	Parcel 10 

Tot.1l Par Debt" Net Annuiil Debt Gross A.r111u•I Debt

Allac:ation Per	Assessment

Assessffl<!rn

MMA.ATTTTAMYAMY ORl:ANOORIANDO U.LlCC

1m CA.PRrOl>Cl8BfA!JINAdVIdE,.Wss.  TERR

1l&&--225-5-277--4499441-00-000011--00!89lO0Q

SSFf - 5so0 ·       .$

UM24,936   S  Allocatilo,nSU  $A.Uocation1!,91127

1,927

MATTAMY ORLANDO LlC	1761 CCARIIBBBEAEAN VIVIEEWW

TER	13-25-27-4941-0001-0910	SF • 50	$$	2244,,993366   $	1.812   $

1.927

MATTTTAAMY ORRI.ANI.ANDDO U.U.CC

11774943 CAARRIIBBBEAAN VIEW

lER	11&&--2255--2277-4-494411-00-00011·09092300	SSfF -- 5050 

$	2244,,993366   $$	11.,8122   $	11,,992277

1IR

MATTAMV OlltANDO LlC	1731 CARIBBEAN VIEW      lER	1&-25-27-4941-0001-0950	Sf - 50	$	24,936	1,812   $	1,927$

MATTAMV ORLANDO LLC	1737 CARIBBEAN VIEW     lER	1&-25-27-4941-0001-0940	SF · 50	s	24,936    $	1,812   $	1.927
MATTAMY ORI.ANDO U.C	1725 CARIBBEAN VIEW   lER	1&-25-27-4941-0001·0960	SF- 50	$	24,936  $	L8l2    $	1,927
MATTTTAA.MYMV OORu\NDDO LLlLCC	11877190 CSAAWRIBYBEAER PNALVMIEW      lEPLR	l1&8--22:,5-.27--49494411-000011--lm09&)O	SFSF -• SOD	$$	24.,993366   $	11,.81122   $	11,,927

MMATTAMMVY ORLRLANANDDOO U.I.LCC

11886460 SCARIAWBYBEREAPNALVMIEW      TPl:LR

1l&8-·225S--227-4-499441U-000l0011-0-0099100

SF - 50	$s

2244,993366   $

11,,81122

$S	1,,99277

MMATTTTAAMMYY OOiU.ANR\ANDDO LLU.CC	1185852 CCAARRIIBBBEEAN VVIIEEW

Tl:TER

11&&--22:,.Z5-277-4-499411-00-00001l---01Xl20300

SSff -- 5500	$$

24,,9366   $

11,,811122   $$	11.,992277

MMATTTTAMY OORRIAANNDO LLLLCC

l1840S◄!i CCARIIBBIIEABEANN VVIIEEWW      TTEERR

l1&8-2255--2277-4-4994411--00000011-00SO--0040	SFSF -- 50 	$$

24;936 $

11,,88112   $	11,,992277

MATTAMY ORIANDO LLC	1834 CARIBBEAN VIEW      TER	18-25-27-4941-0001--0060	Sf • SO	$	24;936   $	1,812   $$	1,927

7,273,016 �	!.

MMAATTTTAAMY ORRIALANDDOO UUCC	1182228 CARRIIBlB!EAl!AN VVIIEEWW      TEERR

1188--225-S-2277-4-4994U1-000I001--0-()080070

Sf- SO	$

'2244.,993366   $$

11.,88122   $	l1,992277

MATTAMV ORLANDO LLC	Phase l	18-25-27-4941-0091-FD10	58.0SOAc;m	$    5,726,984   $	416,046 $	442,602	
		To�al Lots		$ .13,000,000 $	944.436 S		

MATTAMY ORLANDO U.C	1816 CARIBllfAN VIEW TER

T18c-t2o5ls-27-494HI001--0090	Sf31-2SO	s$

5231.,839102   $

5621,9,12177

[1] This amount lndudes 6�to cover coUe:ctlon fMS and early payme,it dlsa:iunts when collected utllzir,1 the uniform method.

N    �nnual Asse,.ment Period•	30

0	PMromjectedmumBAonnnduaRlaDteeCb,tiSl ervice	s
Prepared by. Governmental Manacement services - central Ao,lda, l1C

6.00%

944.436

C

RESOLUTION 201 8-01
A RESOLUTION OF THE WESTSIDE COMMUNITY DEVELOPMENT DISTRICT AUTHORIZING AND CONFIRMING THE "SOLA.RA PHASE
1 AND PHASE 2 PROJECT;" EQUALIZING, APPROVING AND LEVYING SPECIAL ASSESSMENTS ON PROPERTY SPECIALLY BENEFITED BY SUCH PROJECT TO PAY THE COSTS THEREOF; PROVIDING FOR THE PAYMENT AND THE COLLECTION OF SUCH SPECIAL ASSESSMENTS BY THE METHOD PROVIDED FOR BY CHAPTERS 1 70, 190 AND 197, FLORIDA STATUTES; CONFIRMING THE DISTRICT'S INTENTION TO ISSUE SPECIAL ASSESSMENT REVENUE BONDS; MAKING PROVISIONS FOR TRANSFERS OF REAL PROPERTY TO GOVERNMENTAL BODIES; PROVIDING FOR RECORDING OF AN ASSESSMENT NOTICE; AND PROVIDING FOR SEVERABILITY, CONFLICTS AND AN EFFECTIVE DATE.

BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF WESTSIDE COMMUNITY DEVELOPMENT DISTRICT AS FOLLOWS:
SECTION 1. AUTHORITY FOR THIS RESOLUTION. This Resolution is adopted pursuant to Chapters 170, 190 and 197, Florida Statutes.
SECTION 2. D ISTRICT AUTHORITY AND PREVIOUS ACTIONS.
WHEREAS, the Westside Community Development District (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"), initially established by Osceola County ("County") Ordinance 04-34 and expanded by County Ordinance 07- 19 (collectively referred to as "the Ordinance"); and
WHEREA�, there are two platted areas within the District in the Solara Development known as "Solara Phase l" and "Solara Phase 2" (hereinafter, the property within such areas are collectively referred to as "Solara Phase 1 and Phase 2 Assessment Area"); and

Exhibit "A"

WHEREAS, the District is authorized and has determined to undertake, install, plan, establish, construct or reconstruct, enlarge or extend, equip, acquire, operate, and/or maintain the public infrastructure improvements within the Solara Phase 1 and Phase 2 Assessment Area (the "Solara Phase 1 and Phase 2 Project") described in the First Supplement to Westside Community Development District Engineer's Report dated September 6, 2017 attached hereto as	and incorporated by reference ("2017 Engineer's Report"); and
WHEREAS, the District is empowered by Chapter 190, Florida Statutes, the Uniform Community Development District Act, and Chapter 1 70, Florida Statutes, Supplemental Alternative Method of Making Local and Municipal Improvements, and

Resolution 201 8-01
Westside Community Development District

Chapter 1 97, Florida Statutes, to undertake the Solara Phase 1 and Phase 2 Project and to levy the Master Solara Phase 1 and Phase 2 Special Assessments.
SECTION 3. FINDINGS. The District's Board of Supervisors ("Board") hereby finds and determines as follows:
It is necessary to the public safety and welfare, to comply with applicable governmental requirements, that (i) the District provide the Solara Phase 1 and Phase 2 Project, the nature and location of which is described in the plans and specifications on file at the District Records Office at 135 West Central Boulevard, Suite 320, Orlando, Florida 32801; (ii) the cost of such Solara Phase 1 and Phase 2 Project be assessed against the lands specially benefited by such projects; and (iii) the District issue bonds to provide funds for such purposes, pending the receipt ofsuch special assessments.
The provisions of said infrastructure projects, the levying of such special assessments and the sale and issuance of such bonds serves a proper, essential and valid public purpose.
In order to provide funds with which to pay the costs of the Solara Phase 1 and Phase 2 Project which are to be assessed against the benefited properties, pending the collection of such special assessments, it is necessary for the District to sell and issue its not-to-exceed $13,000,000 Westside Community Development District Special Assessment Revenue Bonds in one or more series ("Bonds").
In Resolution 2017-10, the Board determined to provide the Solara Phase 1 and Phase 2 Project and to defray the cost thereof by making special assessments on benefited property and expressed an intention to issue the Bonds to provide the funds needed for the Solara Phase 1 and Phase 2 Project prior to the collection of such special assessments. Resolution 2017-10 was adopted in compliance with the requirements of Section 1 70.03, Florida Statutes, and prior to the time the same was adopted, the requirements of Section 170.04, Florida Statutes had been complied with.
As directed by Resolution 201 7-10, said resolution was published as required by Section 170.05, Florida Statutes, and a copy of the publisher's affidavit of publication is on file withthe District Manager.
As directed by Resolution 2017-10, a preliminary assessment roll was prepared and filed with the Board as required by Section 1 70.06, Florida Statutes.
The Board, by Resolution 201 7-10, approved its Master Assessment Methodology for Solara Development Phases 1 and 2 for Westside Community Development District, dated September 6, 2017, attached hereto as Exhibit "B" and incorporated by reference (the "Assessment Report");
The Board, by Resolution 201 7-10, approved the 2017 Engineer's Report.

Resolution 201 8-0 I
Westside Community Development District
-2-

As required by Sections 1 90.22 and 170.07, Florida Statutes, upon completion of the preliminary assessment roll, the Board adopted Resolution 201 7-1 1 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 making the improvements, (ii) the cost thereof,
(iii) the manner of payment therefor, and (iv) the amount thereof to be assessed against each parcel of specially benefited property and providing for the mailing and publication ofnotice of such public hearing.
Notice of such public hearing has been given by publication and by delivery as required by Sections 190.22 and 1 70.07, Florida Statutes, and affidavits as to such publication and delivery are on file in the office of the District Manager at 135 West Central Boulevard, Suite 320, Orlando, Florida 32801 (the "District Records Office").
At the time and place specified in the resolution and notice referred to in paragraph (I) above, the Board met as an Equalization Board, conducted such public hearing and heard and considered all complaints as to the matters described in paragraph
(I) above and, based thereon, has made such modifications, if any, in the preliminary assessment roll as it deems desirable now.
Having considered any revised costs of the Solara Phase 1 and Phase 2 Project, any revised estimates of financing costs and all complaints and evidence presented at such public hearing, the Board of Supervisors of the District finds and determines:

that the estimated costs of the Solara Phase 1 and Phase 2 Project are as specified in the 20 17 Engineer's Report, and the amount of such costs is reasonable and proper; and
that it is reasonable, proper, just and right to assess the cost of such Solara Phase 1 and Phase 2 Project against the properties specially benefited thereby using the methods determined by the Board as set forth in the Master Assessment Methodology, which result in special assessments set forth on an assessment roll contained in the Assessment Report and herein adopted by the Board, and which roll will be supplemented and amended by the Board when properties are platted and when final proj ect costs, structure and interest rate on the Bonds to be issued by the District are established; and
that the Solara Phase 1 and Phase 2 Project will constitute a special benefit to all parcels of real property listed on said assessment roll and that the benefit, in the case of each such parcel, will be more than the special assessment thereon; and
it is reasonable, proper, just and right for the District to utilize the true-up mechanisms and calculations contained in the Assessment Report to ensure that all parcels of real property benefiting from the Solara Phase 1 and

Resolution 201 8-01
Westside Community Development District
-3-

Phase 2 Project are assessed accordingly and that sufficient assessment receipts are being generated to pay the corresponding bond debt-service when due; and

it is desirable that the special assessments be paid and collected as herein provided.

SECTION 4. AUTHORIZATION OF THE PROJECT. The Solara Phase 1 and
Phase 2 Project, as more specifically described by the 20 17 Engineer's Report and the plans and specifications on file with the District Engineer, are hereby confirmed, 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 made following the issuance ofthe Bonds.

SECTION 5. ESTIMATED COST OF IMPROVEMENTS. The total estimated costs ofthe Solara Phase 1 and Phase 2 Project, and the costs to be paid by special assessments on all speciallybenefited property, are set forth in Exhibit A.
SECTION 6. APPROVAL AND CONFIRMATION OF ASSESSMENT REPORT
AND METHODOLOGY. The Master Assessment Report is hereby adopted, approved and confirmed by the Board acting in its capacity as an Equalization Board. The special assessment or assessments against each respective parcel to be shown on the assessment roll and interest and penalties thereon, as hereafter provided, shall be and shall remain a legal, valid and binding first lien on such parcel until paid; such lien shall be co-equal with the lien of all state, county, district, municipal or other governmental taxes and superior in dignity to all other liens, titles, and claims.

SECTION 7. FINALIZATION OF SPECIAL ASSESSMENTS. When all the Solara
Phase 1 and Phase 2 Project has been constructed or otherwise provided to the satisfaction of the Board, the Board shall adopt a resolution accepting the same and determining the actual costs (including financing costs) thereof, as required by Sections 190.22, 1 70.08 and 170.09, Florida Statutes. The District shall credit to each special assessment for the Solara Phase 1 and Phase 2 Project the difference between the special assessment as hereby made, approved and confirmed
and the proportionate part of the actual costs of the projects, as finally determined upon completion thereof, but in no event shall the final amount of any such special assessment exceed the amount ofbenefits originally assessed hereunder. In making such credits, no discount shall be granted or credit given for any part of the payee's proportionate share of any actual bond
financing costs, such as capitalized interest, funded reserves or bond discount included in the estimated cost of any such improvements. Such credits, if any, shall be entered in the District's Improvement Lien Book. Once the final amount of special assessments for all the Solara Phase 1 and Phase 2 Project improvements have been determined, the term "Special Assessment" shall, with respect to each benefited parcel, mean the sum of the costs of the Solara Phase 1 and Phase 2 Project.

Resolution 201 8-01
Westside Community Development District
-4-

SECTION 8. PAYMENT	AND	PREPAYMENT	OF	NON-AD	VALOREM SPECIAL ASSESSMENTS AND METHOD OF COLLECTION.
All non-ad valorem special assessments shall be payable in no more than thirty (30) annual installments which shall include interest (excluding any capitalized interest period), calculated in accordance with the Assessment Report. All special assessments collected utilizing the uniform method of collection shall be levied in the amount determined in the first sentence of this paragraph divided by one (1) minus the sum of the percentage cost of collection, necessary administrative costs and the maximum allowable discount for the early payment of taxes (currently a total of four percent (4%), as may be amended from time to time by Osceola County and by changes to Florida Statues and implementing regulations, if any).

The District hereby may elect, under the Ordinance, Chapter 190 and Section 197.363 1, Florida Statutes, to use the method of collecting special assessments authorized by Sections 197.3632 and 197.3635, Florida Statutes. The District has heretofore timely taken, or will timely take, all necessary actions to comply with the applicable provisions of said Sections 197.3632 and 1 97.3635, Florida Statutes, and applicable rules adopted pursuant thereto to elect to use this method� and, if required, the District shall enter into a written agreement with the Property Appraiser and/or Tax Collector of Osceola County in compliance therewith. Such non-ad valorem special assessments shall be subject to all applicable collection provisions of Chapter 197, Florida Statutes.
Notwithstanding the foregoing, the District reserves the right under Section 197.3631, Florida Statutes, to collect its non-ad valorem special assessments pursuant to Chapter 170, Florida Statutes, and to foreclose its non-ad valorem special assessment liens as provided for by law.

All special assessments may be prepaid in whole or in part at any time by payment of an amount equal to the principal amount of such prepayment plus interest accrued at the interest rate on the Bonds and in the amount sufficient to pay interest on the Bonds on the next interest payment date which occurs at least forty-five (45) days after such prepayment and to the next succeeding interest payment date if such prepayment is less than forty-five (45) days from the next interest payment date. All special assessments are also subject to prepayment in the amounts and at the times set forth in Chapter 170, Florida Statutes; provided, however, that the owner of land subject to special assessments may elect to waive such statutory right of prepayment.

SECTION 9. GOVERNMENT PROPERTY; TRANSFERS OF PROPERTY TO
UNITS OF LOCAL, STATE, AND FEDERAL GOVERNMENT. Property owned by units of local, state, and federal government shall not be subject to the special assessments without specific consent thereto. In addition, property owned by a property owners' association or home owner's association that is exempt from special assessments under Florida law shall not be subject to the special assessments. If at any time, any real property on which special assessments are imposed by this Resolution is sold or otherwise transferred to a unit of local, state, or federal

Resolution 201 8-0 1
Westside Community Development District
-5-

government (without consent of such governmental unit to the imposition of special assessments thereon), all future unpaid special assessments for such tax parcel shall become due and payable immediately prior to such transfer without any further action of the District.

SECTION 10. ASSESSMENT NOTICE. The District Manager is hereby directed to record a general Notice of Lien (or similar Document) in the Official Records of Osceola County, Florida, which shall be updated from time to time in a manner consistent with changes in the boundaries of the District or issuance ofbonds.

SECTION 11. SEVERABILITY. If any section or part of a section ofthis resolution be declared invalid or unconstitutional, the validity, force and effect of any other section or part ofa 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 ofa section so held to be invalid or unconstitutional.

SECTION 12. CONFLICTS. All resolutions or parts thereof in conflict herewith are, to the extent ofsuch conflict, superseded and repealed.

SECTION 13. EFFECTIVE DATE. This Resolution shall become effective upon its adoption.

[REMAINDER OF PAGE INTENTIONALLY LEFT BLANK]

Resolution 201 8-0 1
Westside Community Development District
-6-

APPROVED AND ADOPTED this 1 1th day of October, 2017.
ATTEST:
BOARD OF SUPERVISORS OF THE WESTSIDE COMMUNITY DEVELOPMENT DISTRICT,
a Florida community development district

By: -----	------
Name: -	--------
Secretary/Assistant Secretary

Resolution 201 8-0 l
Westside Community Development District

By: -----	----	-----
Name: ----------------
Chairman I Vice Chairman

-7-

EXHIBIT ' A' 
2017 ENGINEER'S REPORT
First Supplement to Westside Community Development District Engineer's Report for Westside Phases 1, 2 & 3 (Solara Development, Phases 1 and 2)
dated September 6, 2017 

[A TTA CHED ON FOLLOWING PAGES]

Resolution 201 8-0l
Westside Community Development District
-8-

EXH IBIT ' B" ASSESSMENT REPORT
Master Assessment Methodology for Solara Development, Phases 1 and 2 for Westside Community Development District
dated September 6, 2017 

[AITA CHED ON FOLLOWING PAGES]

Resolution 2018 - 0I
Westside Community Development District

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I

WESTSIDE FORCE MAIN CONVERSION TO REUSE MAIN TOHO WATER AUTHORITY MAINTENANCE BOND

	$69,404.90	
Total: 	$69,404.90	
2% Inspection Fee =	$1 ,388.1 0	
1 0% Maintenance Bond =	$6,940.49	

Reuse Water	I

Santiago Machado, P.E.

Date

HWA No. 3930-09

Item ID 

Westside Force Main Conversion Maintenance Bond for Toho Water Authority
Item	Quantity	Unit	Unit Price

Amount

 	Reuse	

00001
00002

PiqqinQ	1	LS	$	4,600.00  $
Flushino	1	LS	$	4,200.00  $

4,600.00
4,200.00

 00003	Chlorination	1		LS	$	7,925.00  $	7,925.00

00004
00005
00006
00007
00008
00009
00010 
0001 1

Connect to Existing Reuse Main	1	LS	$	800.00  $
BT's	1	LS	$	350.00  $
8" DR-18 PVC	1 60	LF	$	54.05   $
Bell Joint Restraint	3	EA	$	1 25.51 $
8" Sleeve	1	LS	$	397.31  $
8" 45 Degree Bend	4	EA	$	322.46  $
Reuse Main Testing	1	LS	$	4,294.47   $
Tie into reuse main	5	EA	$	5,500.00 $

800.00
350.00
8,648.00
376.53
397.31
1 ,289.84
4,294.47
27,500.00

1	LS	$	9,023.75	$	9,023.75	
		Total: 	$	69,404.90	

 0001 2	Water line and Fittinas

ITotal Reuse:	$

69,404.90 ,

Notes:
1 . Based upon construction prices provided by VK Jensen Enterprises, Inc. and Mainline Site Development, Inc.

Page 1 of 1
HWA No. 3930-09	9/6/20 17 

From: Stacie Vanderbilt svanderbilt@gmscfl.com Subject: Fwd: Westside COD - TOHO Bond
Date: October 3, 2017 at 10:01 AM
To:

Begin forwarded message:

From: "Cesar 0. Munoz" <cmunoz@tohowater.com>
Subject: RE: Westside COD • TOHO Bond Date: September 18, 2017 at 11:58:36 AM EDT
To: Ray Biron <RBiron@tohowater.com>, 'Jason Showe' <jshowe@qmscfl.com>
Cc: Santiago Machado <smachado@hansonwalter.com>, brian Smith <bsmith@gmscfl.com> , Cashiers
<Cashiers@tohowater.com>

Good Morning,
Maintenance Bond should be a check paid to Toho Water Authority , mailing add ress 951 Martin Luther King Blvd Kissimmee FL 34741, please write on check : Maintenance Bond , p roject name and number to process payment as deposit.

Than ks

Cesar Munoz
Financial Services Coordinator Toho Water Authority
407-944-5 138
cmunoz@tohowater.com

From: Ray Biron
Sent: Monday, September 18, 2017 11:36 AM To: 'Jason Showe' <jshowe@gmscfl.com>
Cc: Santiago Machado <smachado@hansonwalter.com>; brian Smith <bsmith@.gmscfl.com>; Cesar 0. Munoz <cmunoz@tohowater.com>
Subject: RE: Westside CDD - TOHO Bond
TWA will accept a "cash" bond. That wi ll be coordinated through our finance team. I am copying Cesar Munoz (407.944. 5138) on this email and he can direct you on how that would occur.
Thanks,
�� a'bum
Manager ofPrivate Development and Construction Inspection Services
<Tofiopek,afiga Waterjl.utfiority
951 Martin Luther King Blvd. Kissimmee, FL 34741

Phone: (407) 944-5029
Fax: (407) 343-4264
rbiron@tohowater.com www.tohowater.com

I will be out of the office from September 23rd through October gth. Please contact Joseph Jayne (TWA Senior Inspector) or Kevin Antho ny {TWA Development Project Manager) with a ny questions in my a bsence

ci

oho
Wnter	Ll
�''!:._�.ti_�-:#,�
From: Jason Showe [mailto;jshowe@gmscfl.com]
Sent: Monday, September 18, 2017 10:06 AM To: Ray Biron
Cc: Santiago Machado; brian Smith
Subject: Westside CDD - TOHO Bond
Ray,
I am the District Manager for the Westside CDD, and we just completed connecting the Reuse line at Westside. We understand that we need to post a bond, but as a District, we could post the amount ofcash needed for the total, but we need to know how we would coordinate that with you? Can you provide us some direction?

Jason Showe District Manager
Governmental Management Services, Central Florida 135 W. Central Blvd.
Suite 320
Orlando, FL 32801
407-841-5524 X 105 - Office
407-839- 1 526 - Fax
407-470-8825 - Cell
jshowe@gmscfl.com

Under Florida law, e-mail add resses are public records. If you do not want your e-mail address released in response to a public records request, do not send electronic mail to this entity. Instead, contact this office by phone or in writing .

-

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r�ti Berger, Toombs, Elam, Co,, Gaines & Frank
Certified Public Accountan�	PL
600 Citrus Avenue
Suite 200
Fort Pierce, Florida 34950
772/461 -61 20 // 461 -1 155 
FAX: 772/468-9278

September 5, 2017 

Westside Community Development District Governmental Management Services
1 35 W. Central Blvd., Suite 320
Orlando, FL 32801

The Objective and Scope of the Audit of the Financial Statements

You have requested that we audit the financial statements of Westside Community Development District, which comprise governmental activities, a discretely presented component unit, each major fund and the budgetary comparison for the General Fund as of and for the year ended September 30, 2017 which collectively comprise the basic financial statements. We are pleased to confirm our acceptance and our understanding of this audit engagement by means of this letter for the year ending September 30, 201 7. 
Our audit will be conducted with the objective of our expressing an opinion on the financial statements.
The Responsibilities of the Auditor

We will conduct the audit in accordance with auditing standards generally accepted in the United States of America and "Government Auditing Standards" issued by the Comptroller General of the United States. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the financial statements. • The procedures selected depend on the auditor's judgment, including the assessment of the risks of material misstatement of the financial statements, whether due to fraud or error. An audit also includes evaluating the appropriateness of accounting policies used and the reasonableness of significant accounting estimates made by management, as well as evaluating the overall presentation of the financial statements.

Member AICPA

Fort Pierce / Stuart

Member AICPA Division For CPA Firms Private Companies Practice Section

Member FICPA

r� Berger, Toombs, Elam, CQI  Gaines & Frank
Ce11ifledPublicAcc:ount.11nt.1      Pl

Westside Comm unity Development District September 5, 2017 
Page 2

Because of the inherent limitations of an audit, together with the inherent limitations of internal control, an unavoidable risk that some material misstatements may not be detected exists, even though the audit is properly planned and performed in accordance with generally accepted auditing standards. Also, an audit is not designed to detect errors or fraud that are immaterial to the financial statements. The determination of abuse is subjective; therefore, Government Auditing Standards do not expect us to provide reasonable assurance of detecting abuse.
In making our risk assessments, we consider internal control relevant to Westside Community Development District's preparation and fair presentation of the financial statements in order to design audit procedures that are appropriate in the circumstances but not for the purpose of expressing an opinion on the effectiveness of the entity's internal control. However, we will communicate to you in writing concerning any significant deficiencies or material weaknesses in internal control relevant to the audit ofthe financial statements that we have identified during the audit.
We will also communicate to the Board any fraud involving senior management and fraud that causes a material misstatement of the financial statements that becomes known to us du ring the audit, and any instances of noncompliance with laws and regulations that we become aware of during the audit.
The funds that you have told us are maintained by Westside Community Development District and that are to be included as part of our audit are listed below:
General Fund
Debt Service Fund 2005
Debt Service Fund 2007
Capital Projects Fund 2005
Capital Projects Fund 2007
The component unit whose financial statements you have told us are to be included as part of Westside Community Development District's basic financial statements is listed here:
1.	Westside SPE, LLC
The component unit whose financial statements you have told us will be omitted from the basic financial statements is:
1.	Westside CDD Holdings, LLC

rftt

Berger, Toombs, Elam, Co,, Gaines & Frank
Cenir,ed Public Aecoununis Pl

Westside Community Development District September 5, 2017 
Page 3

The Responsibilities of Management and Identification of the Applicable Financial Reporting Framework
Our audit will be conducted on the basis that management acknowledges and understands that it has responsibility:
For the preparation and fair presentation of the financial statements in accordance with accounting principles generally accepted in the United States of America;
To evaluate subsequent events through the date the financial statements are issued or available to be issued, and to disclose the date through which subsequent events were evaluated in the financial statements. Management also agrees that it will not evaluate subsequent events earlier than the date of the management representation letter referred to below;
For the design, implementation and maintenance of internal control relevant to the preparation and fair presentation of financial statements that are free from material misstatement, whether due to fraud or error; and
For establishing and maintaining effective internal control of financial reporting, and for informing us of all significant deficiencies and material weaknesses in the design or operation of such controls of which it has knowledge;
To provide us with:
Access to all information of which management is aware that is relevant to the preparation and fair presentation of the financial statements such as records, documentation and other matters;
Additional information that we may request from management for the purpose of the audit; and
Unrestricted access to persons within the entity from whom we determine it necessary to obtain audit evidence.
As part of our audit process, we will request from management written confirmation concerning representations made to us in connection with the audit including among other items:
That management has fulfilled its responsibilities as set out in the terms of this letter; and;
That it believes the effects of any uncorrected· misstatements aggregated by us during the current engagement and pertaining to the latest period presented are immaterial, both individually and in the aggregate, to the financial statements taken as a whole.

� Berger, Toombs, Elam,
-0,, Gaines & Frank

Westside Community Development District September 5, 2017 
Page 4

Management is responsible for identifying and ensuring that Westside Community Development District complies with the laws and regulations applicable to its activities, and for informing us about all known material violations of such laws or regulations. In addition, management is responsible for the design and implementation of programs and controls to prevent and detect fraud or abuse, and for informing us about all known or suspected fraud or abuse affecting the entity involving management, employees who have significant roles in internal control, and others where the fraud or abuse could have a material effect on the financial statements or compliance. Management is also responsible for informing us of its knowledge of any allegations of fraud or abuse or suspected fraud or abuse affecting the entity received in communications from employees, former employees, analysts, reg ulators, short sellers, or others.
The Board is responsible for informing us of its views about the risks of fraud or abuse within the entity, and its knowledge of any fraud or abuse or suspected fraud or abuse affecting the entity.
Westside Community Development District agrees that it will not associate us with any public or private securities offering without first obtaining our consent. Therefore, Westside Community Development District agrees to contact us before it includes our reports or otherwise makes reference to us, in any public or private securities offering .
Westside Community Development District's Records and Assistance
If circumstances arise relating to the condition of the Westside Community Development District's records, the availability of appropriate audit evidence, or indications of a significant risk of material misstatement of the financial statements because of error, fraudulent financial reporting, or misappropriation of assets, which in our professional judgment, prevent us from completing the audit or forming an opinion, we retain the unilateral right to take any course of action permitted by professional standards, including declining to express an opinion, issuing a report, or withdrawing from the engagement.
During the course of our engagement, we may accumulate records containing data that should be reflected in the Westside Community Development District books and records. The District will determine that all such data, if necessary, will be so reflected. Accordingly, the District will not expect us to maintain copies of such records in our possession.
Other Relevant Information
In accordance with Government Auditing Standards, a copy of our most recent peer review report has been provided to you, for your information.

(o,,t�b

Berger, Toombs, Elam,
Gaines & Frank
c"r1ifted Puolic Account.a11it., fl

Westside Community Development District September 5, 2017 
Page 5

Fees, Costs and Access to Workpapers

Our fees for the audit and accounting services described above are based upon the value of the services performed and the time required by the individuals assigned to the engagement, plus direct expenses. Invoices for fees will be submitted in sufficient detail to demonstrate compliance with the terms of this engagement. Billings are due upon submission. Our fee for the services described in this letter for the year ending September 30, 2017 will not exceed
$3,825 unless the scope of the engagement is changed, the assistance which Westside Community Development District has agreed to furnish is not provided, or unexpected conditions are encountered, in which case we will discuss the situation with you before proceeding. All other provisions of this letter will survive any fee adjustment.
In the event we are requested or authorized by Westside Community Development District or are required by government regulation, subpoena, or other legal process to produce our documents or our personnel as witnesses with respect to our engagement for Westside Community Development District, Westside Community Development District will, so long as we are not a party to the proceeding in which the information is sought, reim burse us for our professional time and expenses, as well as the fees and expenses of our counsel, incurred in responding to such requests.
The documentation for this engagement is the property of Berger, Toombs, Elam, Gaines, & Frank. However, you acknowledge and grant your assent that representatives of the cognizant or oversight agency or their designee, other government audit staffs, and the U.S. Government Accountability Office shall have access to the audit documentation upon their request and that we shall maintain the audit documentation for a period of at least three years after the date of the report, or for a longer period if we are requested to do so by the cognizant or oversight agency. Access to requested documentation will be provided under the supervision of Berger, Toombs, Elam, Gaines, & Frank audit personnel and at a location designated by our Firm.
Reporting
We will issue a written report upon completion of our audit of Westside Community Development District's financial statements. Our report will be addressed to the Board of Westside Community Development District. We cannot provide assurance that an unmodified opinion will be expressed. Circumstances may arise in which it is necessary for us to modify our opinion, add an emphasis-of-matter or other-matter paragraph(s), or withdraw from the engagement.

r�

Berger, Toombs, Elam,
J Gaines & Frank

Westside Community Development District September 5, 2017 
Page 6

In addition to our report on Westside Community Development District's financial statements, we will also issue the following types of reports:
Reports on internal control and compliance with laws, regulations, and the provisions of contracts or grant agreements. We will report on any internal control findings and/or noncompliance which could have a material effect on the financial statements.
This letter constitutes the complete and exclusive statement of agreement between Berger, Toombs, Elam , Gaines, & Frank and Westside Community Development District, superseding all proposals, oral or written, and all other communications, with respect to the terms of the engagement between the parties.
Please sign and return the attached copy of this letter to indicate your acknowledgment of, and agreement with, the arrangements for our audit of the financial statements including our respective responsibilities.

Confirmed on behalf of the addressee:

------------ -' ---

Judson B. Baggett MBA, CPA, CVA, Partner Marci Reutimonn
CPA, Partner

System Review Report

ti 6815 Dai,y Road Zephyrhills, FL 33542
"') (81 3} 788-21 55
A (8 1 3) 782-8606

To the Directors	November 2, 2016 
Berger, Toombs, Elam, Gaines & Frank, CPAs PL
and the Peer Review Committee ofthe Florida I nstitute of Certified Public Accountants

We have reviewed the system of quality control forthe accounting and auditing practice of Berger, Toombs, Elam, Gaines & Frank, CPAs PL (the firm), in effect for the year ended May 31 , 201 6. Our peer review was conducted in accordance with the Standards for Performing and Reporting on Peer Reviews established by the Peer Review Board of the American Institute of Certified Public Accountants. As a part of our peer review, we considered reviews by regulatory entities, if applicable, in determining the nature and extent of our procedures. The firm is responsible for designing a system of quality control and complying with it to provide the firm with reasonable assurance of performing and reporting in conformity with applicable professional standards in all material respects. Our responsibility is to express an opinion on the design of the system of quality control, and the firm's compliance therewith based on our review. The nature, objectives, scope, limitations of, and the procedures performed in a System Review are described in the standards at www.aicpa.org/prsummary.
As required by the standards, engagements selected for review included engagements performed under Government Auditing Standards and audits of employee benefit plans.
In our opinion, the system of quality control for the accounting and auditing practice of Berger, Toombs, Elam, Gaines & Frank, CPAs PL in effect for the year ended May 31 , 201 6 has been suitably designed and complied with to provide the firm with reasonable assurance of performing and reporting in conformity with applicable professional standards in all material respects. Firms can receive a rating of pass, pass with deficiency(ies), or fail.  Berger, Toombs,  Elam, Gaines & Frank, CPAs PL, has received a peer review rating of pass.

L�  �  ��y­
Ba96n. R�utimann & Associates, CPAs, PA

(BERGER_REPORT16)

-
Member Arnerican Institute of CNt,fiod Publ,c Accountonl, (AIC PA) ond Florida ln�titutc of Certified P11bl1,: An:ounlnnl, (FIC P/.1) tfot,o rwl A,sociolifJn ,Jf Ccrtif,cd Voll,otirrn Anuly;f', (l-l/1CVA)

ADDENDUM TO ENGAGEMENT LETTER BETWEEN BERER, TOOMBS, ELAM, GAINES AND FRANK AND WESTSIDE COMMUNITY DEVELOPMENT DISTRICT
(DATED SEPTEMBER 5, 2017)

Public Records. Auditor shall, pursuant to and in accordance with Section 119.0701, Florida Statutes, comply with the public records laws of the State of Florida, and specifically shall:
Keep and maintain public records required by the District to perform the services or work set forth in this Agreement; and
Upon the request of the District's custodian of public records, provide the District with a copy of the requested records or allow the records to be inspected or copied within a reasonable time at a cost that does not exceed the cost provided in Chapter 119, Florida Statutes, or as otherwise provided by law; and
Ensure that public records that are exempt or confidential and exempt from public records disclosure requirements are not disclosed except as authorized by law for the duration of the contract term and following completion of the Agreement if the Auditor does not transfer the records to the District; and
Upon completion of the Agreement, transfer, at no cost to the District, all public records in possession of the Auditor or keep and maintain public records required by the District to perform the service or work provided for in this Agreement. Ifthe Auditor transfers all public records to the District upon completion of the Agreement, the Auditor shall destroy any duplicate public records that are exempt or confidential and exempt from public disclosure requirements. If the Auditor keeps and maintains public records upon completion of the Agreement, the Auditor shall meet all applicable requirements for retaining public records. All records stored electronically must be provided to the District, upon request from the District's custodian of public records, in a format that is compatible with the information technology systems of the District.
Auditor acknowledges that any requests to inspect or copy public records relating to this Agreement must be made directly to the District pursuant to Section 119.0701(3), Florida Statutes. If notified by the District of a public records request for records not in the possession of the District but in possession of the Auditor, the Auditor shall provide such records to the District or allow the records to be inspected or copied within a reasonable time. Auditor acknowledges that should Auditor fail to provide the public records to the District within a reasonable time, Auditor may be subject to penalties pursuant to Section 119.10, Florida Statutes.

IF THE AUDITOR HAS QUESTIONS REGARDING THE APPLICATION OF CHAPTER 119, FLORIDA STATUTES, TO THE AUDITOR'S DUTY TO PROVIDE PUBLIC RECORDS RELATING TO THIS AGREEMENT/CONTRACT, THE AUDITOR MAY CONTACT THE CUSTODIAN OF PUBLIC RECORDS FOR THE DISTRICT AT:
GMS-CF, LLC
135 WEST CENTRAL BLVD., SUITE 320
ORLANDO, FL 32801
TELEPHONE: 407-841-5524 EMAIL: JSHOWE@GMSCFL.COM

Auditor:-----
By:_ ------
Title:---	---
Date:------	-

District: WESTSIDE CDD
By: 	
Title: -	--	--
Date:--------

enm
(")-I-
0z
,...<-

0

J

Westside
Community Development District

Summary of Check Register
August 29, 2017 to September 30, 2017

	Fund	Date	Check No.'s	Amount	

General		
09/01/17	
1266-1267	
$	42,546.25	
		09/13/17	1268	$	6,329.63	
		09/14/17	1269-1270	$	15,766.50	
		09/18/17	1271	$	143,703.00	
		09/19/17	1272	$	5,000.00	
		09/22/17	1273-1276	$	1,771.84	
				$	215,117.22	
Payroll		September 2017			
		Michael D Dady	50225	$	184.70	
		Scott D Stewart	50226	$	183.87	
				$	368.57	

$	215,485.79 1

BANK A WESTSIDE CDD

#

A* P* 3* 0 C0RHECK  DATES   08/29/2017   -   09/30/201Y7EA*R*-*TO-DATEWAECSCTOSUIDNETSCDPADYA-BGLENEPRAEPLAFIUDN/CDOMPUTER  CHECK  REGISTER	RUN   10/04/17	PAGE	1

CHDEACTKE    VEND#	. . D• A• T. IENVOINCVE O• I• C• E. .   . Y. R. MEXOPENDPSETDATCOCT. #. . SUB	SUBCLASS  VENDOR  NAME

STATUS	AMOUNT	A• M. O• U• CNHTECK . • • . . 

9/01/17 00056 

9/01/17 00064 

8/31/17   9 S1T0O0RMWATE2R0 1P7O0N8D3M2T0N--5A3U8G0 01 -7 46400 
8/31/17   9H1Y0D0RILLA2B0U1R7N0D8OW3N2 0T-R5E3A8T0M0T-49200 
- - - - - - - - - - - - - - - - - -AQ-UATIC  WEED  MANAGEMENT ,   INC . 8/23/17 17038	201708 320-53800-49200 
MOD CONCRETE CONTRL STRUC

*	600 .00
*	400 .00

*

- - - - - - - - - - -1-, 0-00-. 0-0   001266 
1,5 00 .00
*

WESTSIDE  REUSE  WTR  TIE   IN

8/27/17 17 0 3 9	2017 0 8 32 0-53 80 0 -49300 
8/27/17 17040	201708  32 0-53800-49300 

15 , 522 . 50
*	13 ,500. 00

8/27/17   1C7 O0 4#1 1  REU2 S0E1 7W0T8R3T20I-E53IN800-49300 
CO #2  EXTRA PIPE PAOLAS	MAINLINE SITE DEVELOPMENT INC

*	11,023 . 75
- - - - - - - - - - -4 1-, 5-46 -. 25-

001267 

9/13/17 00001 

8/09/17   2E7N0TRANCE2 S0I1G7N08LI3G2H0T-S53800-4 9100 
9/01/17   2M7A2NAGEMEN2 T0 1F7 E0 E9 S3S1E0P-51713 00-34000 
9/01/17 272	201709 310-513 00-35 100 

*	795.70
*	3,218.75
*	83 .33

9/01/17 
9/01/17 

INFO TECHNOLOGY SEP17 

OFFIC SUPPLIES

272	201709 310-51300-51000 

*	17 .92
*	5. 84

2P7O2STAGE

COPIES

9/01/17 272 
9/01/17 273

201709 310-5 1300-42000 
201709 310-51300-42500 
201709 320-53800-49000 

*	90 . 00
*	1,502 . 08

9/01/17

FIELD MANAGEMENT SEP17 
2E7N3TRY  LIG2H0T1S709   320-53800-49100 

*	616. 01
-

6,329 . 63 001268 

9/14/17 00025 

9/14/17 00039 

9/18/17 00066 

GOVERNMENTAL MANAGEMENT SERVICES
8/29/17   6F0Y6 218  PROP2E0R1T7Y09 IN3S0U0RA-1N5C5E00-10000 
8/29/17   6F06Y218   GEN2. L0I1A7 0B9/PU3B0L0 -IC1 5O5F0F0-C10000 
- - - - - - - - - - - - - - - - -EG-IS   INSURANCE  ADVISORS ,   LLC 9/01/17   1L7A9 N72DS0CAPE2 0M1 A7 0IN9T32-0-SE5P3 81 700-46200 
- - - - - - - - - - - - - - - - -YE-LLOWSTONE  LANDSCAPE
9/15/17   0F9Y1 5127 0C1A7 PI2T0A1L7 0R9ES3E0R0V-E58F1U0N0D-10000 
WESTSIDE CDD C/0 STATE BOARD ADMIN
WEST WESTSIDE BPEREGRINO

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

*

923 . 00
*	7,7 36 .00
- - - - - - - - - - -8 -, 65-9 -. 00- 001269 
*	7, 107 .50

*

- - - - - - - - - - -7-, 1-07 -.5-0   001270 143 , 703 .00
143,703 . 00 00127 1

A*P* *300R

BANK A WESTSIDE CDD

YEAR- TO-DATE  ACCOUNTS  PAYABLE  PREPAID/COMPUTER CHECK  REGISTER	RUN 10/04/17 CHECK  DATES  08/29/2017  - 09/30/2017 ***	WESTSIDE CDD - GENERAL FUND

PAGE	2

CHECK  VEND#	• • • . • INVOICE . • • • •  . • . EXPENSED TO . . .		VENDOR NAME	STATUS DATE		DATE	INVOICE	YRMO   DPT ACCT# SUB	SUBCLASS

AMOUNT

. • . . CHECK• • • • • AMOUNT	#

9/19/17 00001 

9/18/17  274	201709 300- 15500-10000 

*	5,000 . 00

-

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

- - - -

FY-18-ASSESSMENT  ROLL  CERT	GOVERNMENTAL  MANAGEMENT  SERVICES

5, 000 .00 001272 

9/22 /17 00006 

9/05/17 5-9 19-89 201708 310-51300-42000 

*	109. 80

- - - -

DELIVERY  8/30/17	FEDEX

109 . 80 001273 

9/22/17 00022 

9/07/17  260502	201708 310-5 1300-3 1100	*

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

BIDDING/PROJ  CO-MPLT  REIMB	HANSON,   WALTER  &  ASSOCIATES,   INC .

95 .00

95 . 00 001274 

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

9/22/17 00029 

8/20/17  78 130	201708 310-51300-3 1500 

*	1, 366 .3 7

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

- -	BOND  ISSUE/CS/ IA/PROPSALE	LATHAM, SHUKER, EDEN & BEAUDINE , LLP

1,366 . 37 001275 

9/22/17 00007 

8/31/17 3371446	201708 310-51300-48000 
NOTICE OF MEETING-8/30/17	ORLANDO SENTINEL

*

TOTAL FOR BANK A TOTAL FOR REGISTER

200 .67

215, 117 . 22
215, 117 .22

200 .6 7 001276 

WEST  WESTSIDE  BPEREGRINO

Westside
Community Development District
Unaudited Financial Reporting September 30, 2017

Ta ble of Contents

 	Balance Sheet

 	General Fund Income Statement

 	Series 2005 Debt Service Fund Income Statement

 	Series 2007 Debt Service Fund Income Statement

 	Capital Projects Fund Income Statement

 	Capital Reserve Fund

 	Month to Month

 	Long Term Debt Summary

9-10	 	Assessment  Receipt Schedule

WESTSIDE CDD
COMMUNITY DEVELOPMENT DISTRICT COMBINED BALANCE SHEET
September 30, 2017

	CAPITAL	CAPITAL			
	DEBT SERVICE	DEBT SERVICE	PROJECTS	PROJECTS	CAPITAL		
 	GENERAL		     SERIES 2005 	     SERIES 2007 	SERIES 2005	SERIES 2007	 	RESERVE		TOTALS	
ASSETS
CASH	$	714,503	$	$	$	$	27,109	$	148,731	$	890,342 INVESTMENTS
CONSTRUCTION FUND				392			392	
DEFERRED COST		12,026	3,661				15,686	
RESERVE FUND		565,968	713,527				1,279,495	
REVENUE FUND		1,418,928	824,046				2,242,974	
PREPAYMENT FUND		1,790,034	551,459				2,341,494	
SBA	5,006						5,006	
PREPAID	13,659						13,659	
DUE FROM GENERAL FUND								
DUE FROM DEBT SERVICE FUND								
ASSESSMENT RECEIVABLE								
TOTAL ASSETS	$	733,168	$	3,786,956	$	2,092,693	$	392	$	_27,109	$	148,731	$	6,789,050	
LIABILITIES & FUND BALANCES

LIABILITIES
ACCOUNTS PAYABLE	$	600	

$	
$	
$	
$	
$	
$	600	
DUE TO DEBT SERVICE
DUE TO OTHER SPE	23,173	23,173
ACCRUED INTEREST PAYABLE 2005	474,459	474,459
ACCRUED INTEREST PAYABLE 2007	2,150,910	2,150,910

--		 	745,000	 		 		 		-- 745,000	
600	 	2,757,631	2,895,910	 		 		 		 	5,654,141	

ACCRUED PRINCIPAL PAYABLE 2005	2,260,000	2,260,000 ACCRUED PRINCIPAL PAYABLE 2007

TOTAL LIABILITIES

FUND BALANCES
RESTRICTED FOR DEBT SERVICE	$	$	1,029,325	$	(803,217)	$		$		$		$	226,108 RESTRICTED FOR CAPITAL PROJECTS							392		27,109		148,731		176,232
UNASSIGNED	732,5�	732,568

TOTAL FUND BALANCES	732,568	1,029,325	(803,217)	392	27,109	148,731	1,134,908	
TOTAL LIABILITIES & FUND BALANCES	$	733,168	$	3,786,956	$	2,092,693	$	392	$	27,109	$	148,731	$	6,789,050	

REVENUES:
Maintenance Assessments-On Roll Maintenance Assessments-Off Roll Interest Income

WESTSIDE CDD             COMMUNITY DEVELOPMENT DISTRICT GENERAL FUND
STATEMENT OF REVENUES & EXPENDITURES
For The Period Ending September 30, 2017
Adopted	Prorated Budget
Bud et	Thru 09/30/17

$218,183	$218,183
$463,547	$463,547

Miscellaneous Revenue (Non-payment Interest Revenue)	$0	$0	$10,643	$10,643	
TOTAL REVENUES
EXPENDITURES:	$681,910	$681,910	$697,567	$15,657 1	

$180	$180

Actual
Thru 09/30/17	Variance

$222,994	$4,810
$463,547	$0
$203

ADMINISTRATIVE
Supervisor Fees FICA Expense Engineering Fees LegaI Services Arbitrage Management Fees
Information Technology Dissemination
Trustee
Assessment Roll Services Auditing Services Telephone
Postage and Freight Insurance - General Liability Printing and Binding
Legal Advertising
Miscellaneous Services Office Supplies
Property Appraiser's Fee Property Taxes
Dues, licenses, Subscriptions Settlement Agreement Payments
TOTAL ADMINISTRATIVE OPERATIONS AND MAINTENANCE
Landscape Maintenance
Irrigation Repairs Plant Replacement Electric Streetlighting Irrigation Water
TOHO Connection Work Property Insurance Field Management
Lake & Wetland Maintenance Mis<. Contingency Stormwa1er/Lake Repair TWA Utility Conveyance Operating Reserves
Transfer Out
TOTALOPERATION AND MAINTENANCE TOTAL EXPENDITURES
EXCESS OF REVENUES OVER (UNDER) EXPENDITURES FUND BALANCE, BEGINNING
FUND BALANCE, ENDING

$12,000	$12,000
$918	$918
$10,500	$10,500
$40,000	$40,000
$1,200	$1,200
$38,625	$38,625
$1,000	$1,000
$6,000	$6,000
$6,000	$0
$5,000	$5,000
$3,975
$100	$100
$2,250	$2,250
$8,500	$8,500
$2,000	$2,000
$1,500	$1,500
$1,250	$1,250
$400	$400
$600	$600
$10	$10
$175	$175
$53,750	$53,750
$195,753	$189,753

$85,290	$85,290
$15,000	$15,000
$30,000	$30,000
$1,500	$1,500
$55,000	$55,000
$40,000	$40,000
$0
$1,000	$1,000
$18,025	$18,025
$16,200	$16,200
$10,000	$10,000
$15,000	$15,000
$0	$0
$199,142	$199,142
$0	$0
$486,157	$486,157
$681,910
$0
$0

$3,600	$8,400
$260	$658
$ 1,789	$8,711
$46,092	($6,092)
$1,200	$0
$38,625	$0
$1,000	$0
$6,000
$0	$0
$5,000	$0
$3,975
$17	$83
$875
$7,736	$764
$515	$1,485
$1,807	($307)
$559	$691

$44

$112	$288
$556

$0

$175	$6
$53,750	$0
$174,148	$15,605 I

$85,290	$0
$979	$14,021
$0	$30,000
$638	$862
$51,411	$3,589
$54,798	($14,798)
$12,250	($12,250)
$923	$77
$18,025	$0
$16,365	($165)
$30,059	($20,059)
$1,900	$13,100
$40,046	($40,046)
$6,800	$192,342
$153,703	($153,703)
$473,188	$12,969 J
$647,335
$50,231
$682,337
$732,568

2

WESTSIDE CDD
COMMUNITY DEVELOPMENT DISTRICT DEBT SERVICE SERIES 2005
STATEMENT OF REVENUES & EXPENDITURES
For The Period Ending September 30, 2017

REVENUE

Assessments-On Roll Assessments-Off Roll Assessments-Accelerated Other Debt Service Funds Bondholder Contributions Land Sale Proceeds Interest
Transfer In TOTAL REVENUE EXPENDITURES
lnterest - 11/1 Interest - 5/1 Principal - 5/1
TOTAL EXPENDITURES OTHER FINANCING SOURCES
Other Debt Service Cost
Transfer In (Out)
TOTAL OTHER FINANCING SOURCES (USES)

Adopted	Prorated Budget
Budget	Thru 09/30/17

$276,642	$276,642
$163,560	$163,560
$774,584	$774,584
$7,912	$7,912
$0	$0
$0	$0
$0	$0
$0	$0
$1,222,698	$1,222,698

$421,349	$421,349
$421,349	$421,349
$380,000	$380,000
I	$1,222,698	$1,222,698

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

Actual
Thru 09/30/17	Variance

$282,742	$6,100
$163,560	$0
$0	($774,584)
$0	($7,912)
$36,000	$36,000
$3,695,005	$3,695,005
$4,126	$4,126
$16,765	$16,765
$4,198,199	s2.s15,so1 1

$474,459	($53,110)
$474,459	($53,110)
$380,000	$0
$1,328,918	1s106,22oi1

($168,202)	($168,202)
($859,882)	($859,882)
($1,028,084!	1s1,028.084)1

EXCESS OF REVENUES OVER (UNDER) EXPENDITURES	$0

FUND BALANCE, BEGINNING	$0
FUND BALANCE, ENDING	$0

3

$1,841,197 ($811,872)
$1,029,325

WESTSIDE CDD
COMMUNITY DEVELOPMENT DISTRICT DEBT SERVICE SERIES 2007
STATEMENT OF REVENUES & EXPENDITURES
For The Period Ending September 30, 2017

REVENUE

Assessments - On Roll Assessments - Off Roll Assessments - Accelerated Other Debt Service Funds Bondholder Contributions Land Sale Proceeds Interest
Transfer In SPE
TOTAL REVENUE EXPENDITURES

Interest - 11/1 Special Call -11/1 Interest - 5/1 Principal - 5/1
TOTAL EXPENDITURES OTHER FINANCING SOURCES
Other Debt Service Cost Transfer Out
TOTAL OTHER FINANCING SOURCES (USES)

Adopted	Prorated Budget
Budget	Thru 09/30/17

$346,860	$346,860
$59,897	$59,897
$1,020,603	$1,020,603
$560	$S60
$0	$0
$0	$0
$0	$0
$0
$1,427,920	$1,427,920

$566,460	$566,460
$0	$0
$556,460	$556,460
$305,000	$305,000
$1,427,920	$1,427,920

$0	$0
$0	$0
$0

Actual
Thru 09/30/17	Variance

$350,665	$3,805
$59,897	$0
$0	($1,020,603)
$0	($560)
$36,000	$36,000
$337,142	$337,142
$5,366	$5,366
$559,506	$559,506
$1,348,575	($79,345)1

$582,300	($15,840)
$40,000	($40,000)
$580,860	($24,400)
$305,000	$0
$1,508,160	($80,240)1

($276,312)	($276,312)
($5,000)	($5,000)
($281,312)	($281,312)1

EXCESS OF REVENUES OVER (UNDER) EXPENDITURES	$0

FUND BALANCE, BEGINNING	$0

FUND BALANCE, ENDING	$0

4

($440,897) ($362,320) ($803,217)

REVENUE
Interest
TOTAL REVENUE EXPENDITURES
Bank Fees
TOTAL EXPENDITURES OTHER FINANCING SOURCES
Transfer In

COMMUNITWYEDSETVSEILDOEPMCEDNDT DISTRICT CAPITAL PROJECTS SERIES 2005 & 2007 STATEMENT OF REVENUES & EXPENDITURES
For The Period Ending September 30, 2017

I

Series 2005

I	$1

$0
$0

$0

Series
2007	Tota l

$11	$12
$11	$12 I

$300	$300
$300	$300 1

$0 -

TOTAL OTHER FINANCING SOURCES (USES)	$0
EXCESS OF REVENUES OVER (UNDER) EXPENDITURES
FUND BALANCE, BEGINNING	$391
FUND BALANCE, ENDING

$0	so I
($289)	($288)1
$27,398	s21,789 I
$27,109	$27,502 J

5

WESTSIDE COD
COMMUNITY DEVELOPMENT DISTRICT CAPITAL RESERVE FUND
STATEMENT OF REVENUES & EXPENDITURES
For The Period Ending September 30, 2017

Proposed	Prorated Budget
Budget	Thru 09/30/17

Actual
Thru  09/30/17	Variance

REVENUE

Interest	$0	$0	$28	$28	
TOTAL REVENUE	$0	$0	$148,731	s14s,131 I	
EXPENDITURES					
Capital Outlay	$0	$0	$0	$0	
TOTAL EXPENDITURES	$0	$0	$0	$0	
					
EXCESS OF REVENUES OVER (UNDER) EXPENDITURES	$0		$148,731		
FUND BALANCE, BEGINNING	$0		$0		
					
FUND BALANCE, ENDING	$0		$148,731		

Transfer In

$0	$148,703	$148,703

6

WESTSIDE CDD
COMMUNITY DEVELOPMENT DISTRICT
Oct	Nov	Dec	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sept	Total

REVENUE
Maintenance Assessments-On Roll	$0
Maintenance Assessments- OffRoll	$36,386	$126,092

S96,347	S8,336	S12,506	$26,871	$18,820
$158,069	S32,304	so	$12,129

so

$38

S15,590	$0

$0	$222,994
$463,547

$33,535

Interest Income	S23	S23	S34	S31	$32

S34	S33

S33

Miscellaneous Revenue	$0	so	so	so	$0	$0	$0	$0	$0	$0	$0	$10,643

$33

TOTAL REVENUE	I
EXPENDITURES

ADMINISTRATIVE

Sl45,653	$139,866	Sl66,436	$44,841	$26,906	$30,982	$11,660	$79, 117	$15,628

$35	S697,567 I

Supervisor Fees

S400	$0	$400	$0	$400	$0	S400	so	S4D0	$200	$400

Fica Expense	$61

so	$31	$0

$0	$31	$0

$15	$31	$260

$31

$3,717

Engineering Fees	S190	$0	$0	So

$0	so

S969	S95	$0

Legal Fees	$4,614	$2,153	$11,799	$3,810	$1,879	$4,626	$5,024	$1,966	$5,137	$1,366	$0	$46,092

Arbitrage	so	$0	$1,200	$0	$0

so	so	so

$0	$1,200

Management Fees	S3,219

S3,219	S3,219	S3,219	$3,219	S3,219	S3,219	S3,219	S3,219	$3,219

S38,625

$83

lnformatlon Technology

$83

S83

$83	S83	$83	$83

$1,000

Dissemination	so	so	$6,000	$0	$0	so	so	so	So	$0	so

Trustee	$0	$0

$0	$0

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

$0

Assessment Roll Services	S5,000	so	$0	so	So	$0	$0	$0	$0	so	$0	so

Auditing Services	$0	$0	so	$0
$0

$0	$0	$0	$3,975	soo	$0

so	Sl7

Telephone	$0

so	so

so	so	s

Sll

$134

Postage and Freght	$315	S29	$137	$119	Sl46	S15	Sl32	S6

o	$306	Sl60	$so6

S7,736

Insurance - General Le billty

so	so	so	$0	so	$0

s	so	$0

Printing and Bind ilg	$62

Sl7	$0	$26	S23	S12	S57	$2	S3

S90	S515

L..epl Advertising	S567	so	$0
Miscellaneous Services

S50	S58

S189

S42

S231	$620	S201

$1,807

$43

S559

Of ce SupplEs	$18	$0	$1	$0	$18	$18	$0	$18	$0	$0	$18	$18	$112

PropertyAppraiser's Fee	$0	so	S556	so	$0	$0	$0	$0	so

$0	So	S556
o

Property Taxes	$0

$0	so	$0	$0	$0	so	$0	s

$0	$0

Oues, Licenses, Subscriptions	$175	$0	so	$0

$0	so	so

$0	$0	$0	$175

Settlement Agreement Payments	so	S53,750	so

$0	$0	so	so

$0	$S3,750

TOTAL ADMINISTRATIVE	I

S59,802	$23,066

$7,259	$5,822	SB,305	SS,880	$9,52S	$10,826	S5,546

S174,148 I

OPERATIONS AND MAINTENANCE

S7,108	S7,108

$7,108	$7,108	S7,108

S7,108

$7,108	S85,290

landscape Maintenance

o	$0	$0

so	so	$0	$0	$0	so	S979

I�lion Repairs	s
o

$0	so	so	so	$0	$0

$0	$0	so	$0

$41

Plant Replacement	s

S60	S60	$74

S41	S55	S55	$49

$638

$4,305

Electric	$69	S57

S4,224	$4,224

S4,313	S4,313	S4,316

$4,316	$4,318	S4,318	S51,411

Streetlghtlng

$2,315

$4,224

$5,039

$8,360	$3,291	$3,238	S4,663

$3,157	S3,524	$54,798

trrgil tion Water
TOHO Connection Work Property lnsurance

$0	so	$0	so	$0	$0	$0	$0	so	$0	$12,250	$0	$12,250

$7,363

$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$923

Field Management		Sl,502	Sl,502	$1,502	$1,502	$1,502	$1,502	$1,502	$1,502 Lake & Wetland Maintenance			S600	$2,200		S600	$7,200	$1,400		$600		S600		$600 Misc. Contingency	$23,460		so		$651		$0	Sl,150		$301

Sl,502	Sl,502	$1,502	$18,025
$600	$765	$600	Sl6,365
$2,850	$0	$801	S616	$30,059

Stormwater/L.ake Repair	$0	$0	so	$0	$0	so	so	so	so	so	$1,900
TWA Utility Conveyance	$0	so	$0	$0	so	so	$0	so	so	$0	S40,046	$0	$40,046

Operating Reserves	$0	$0	$0	so	$1,825

SS25

so	$0	$0

Transl: rout

$0	so	$0	$0	so	so	$0	$0

$10,000	Sl43,703	$153,703

TOTAL OPERATIONS AND MAINTENANCE	I	S•o,202	S19,521	$19,184	$25,195	S26,172	S21,643	$17,816	$18,460	$23,794	Sl7,895	$81,896	S161,412	S473,188I

TOTAL EXPENDITURES

$63,283	$79,323	S42,250	$33,342	$33,431	S27,464	S26,122

S33,318	$28,720	$87,442	S165,301	S647,335I

EXCESS Of REVENUES OVER (UNDER) EXPENDITURES I	(526,874)	$66,330	$97,616	Sl33,095	Sll,410	(S558)	$4,860	(SlS,679)	$45,798	($13,092)	 	

(S165,266)	$50,2311

WESTSIDE
Community Development District LONG TERM DEBT REPORT
SERIES 2005, SPECIAL ASSESSMENT REVENUE BONDS

INTEREST RATE:	5.65%	
MATURITY DATE:	5/1/2037	
RESERVE FUND DEFINITION	MAXIMUM ANNUAL DEBT SERVICE	
RESERVE FUND REQUIREM ENT	$1,214,786	
RESERVE FUND BALANCE	$565,968	
BONDS OUTSTANDING - 9/30/13	$17,050,000	
LESS: PRINCIPAL PAYMENT 5/1/14	$0	
LESS: PRINCIPAL PAYMENT 5/1/15	$0	
LESS: PRINCIPAL PAYMENT 4/1/16	($255,000)	
CURRENT BONDS OUTSTANDING	$16,795,000	

($615,000)

SERIES 2007, SPECIAL ASSESSMENT REVENUE BONDS

INTEREST RATE:	7.20%	
MATURITY DATE:	5/1/2038	
RESERVE FUND DEFINITION	MAXIMUM ANNUAL DEBT SERVICE	
RESERVE FUND REQUIREMENT	$1,427,620	
RESERVE FUND BALANCE	$713,527	
BONDS OUTSTANDING - 9/30/13	$17,340,000	
LESS: PRINCIPAL PAYMENT 5/1/14
LESS: PRINCIPAL PAYMENT 1 1/1/14 (PREPAYMENT)	
($550,000)	
LESS: PRINCIPAL PAYMENT 5/1/15	$0	
LESS: PRINCIPAL PAYMENT 4/1/16
LESS: PRINCIPAL PAYMENT 11/1/16 (PREPAYMENT)	
($40,000)	
CURRENT BONDS OUTSTANDING	$16,135,000	

8

WESTSIDE
COMMUNITY DEVELOPMENT DISTRICT
SPECIAL ASSESSMENT RECEIPTS - FY2017 TAJI COLLECTOR
Gross Assessments	883971,,492D95	221382,,118039    $

2746,,634020    $	365,00D

Date	Gross Assessments	Discounts/	Commissions	Interest	Net Amount       Gen2e6r.04al %Fund     Debt Svc Fund     Debt Svc Fund	Total

Net Assessments

$ 2005

$     2030473,100

Received	Dist.	Received	Penalties	Paid	Income	Received	33.02%	40.95%	100%

11122116

ACH

s	735,,895382..2930   s

3,018386..0982

s	1,45773..4912   s

$$	713,,453986..8000   s	18,693061..3565   $	231,,518857..4395   s	291,,427521..7269   $	71,438.00

11128116

12/9/16

ACH	s	358,1 92.41  $	14,326.56 $

$

6,877.32  ss	$ 336,968.53 $

$

$

33,028.51

87,746.63  $

111,257.23 s

$

1 37,984.67   $s    3336,9986.8503

1121/1207111177

ACH

s	314,,498228..7453   $	1,226.20   $	67248..0849   $s	s

1,415.61 s

8,630608..61 02   $	10,940647..4370   $	13,552739..9694   s

33,028.50

$

1,41 5.61

1110/17	ACH

$$	32,199.65   $

989.22   $$	624.21    s

10.50   $	30,68106..2520   $	7,9642..7183   $

$

$

10,098.08  $

12,523.96  $	30,586.22

1/18/17	AACH	s

49,236.00   $s	1,069.76   $	963.33   $$

s$	47,202.91    $

12,290.91 $

15,584.11    s	19,3247..3809   $s	47,20102..5091

$

221/88111177	ACH	$

$

849.25  s	6.98  s	16.84  $	$	825.43   $	214.93 $

272.52 s	337.98 $	825.43

$

$

43/11911/1177	ACHH	$

10762,4,10149..7885   $	1,1 0285.,9044   $	21,,410461..0795   $	$s    10730,,169468..0729   $	2186,,389750.686   $

2343,,037204.548   s$	4228,,295275..3872   $      10703,,641 968..0729

$

$

$

$

$

$

4111/17	ACH	$	1,664.03 s	$	33.29   $	$	1,630.74  s	424.62   s	538.39  s	667.73  s	1,630.74

519117	ACH	s	26,717.55 $	$	547.24 $

$	26,282147..83   s	6,95892..3172

$	a,as2.96   s	10,979.72  $	26,814.85

45,464.54

$

519117	ACH	$	23248   s	$

362.37 s

527.71 s

$

$

3,299.94 s	$
111 ,034.26	28,911.61 s	5,862.16 $
36,658.11 s	7,270.44	$	17,755.99
$    11 1,034.26	
4,482.69	856,400.99	222,993.65	282,741.96	350,665.38	856,400.98	

17,755.99

4,623.39  s	7522  s	93.29 $	227.83

6181923111177

AACCHH

$$	11107,,050900..6335   s

s	2,266.01   $   '	$

Totals	891,409.29	22,013.63	17,477.36
DIRECT ASSESSENTS
DOUGLAS WESTSIDE LLC	48,514.15	48,514.15 $

REDCAEITVEED

DDAUTEE	CNhuemck	NEATSSAEMSOSEUDNT	NERTEACMEIVDEUDNT   GENERAL FUND     SERIES 2005	SERIES 2007

1211/2175'/1176	1211111111176	55359725

2142,,215278..0574

$       2142,,215278..0574

$

$       2142,,122587.5047   $	$

$	$	$

$

4117/1 7	5/1/17	 	5641	12,128.54  $    12,128.54	12,128.54  $	 $
48,514.15    $    48,514.15  1  48,514.15  $	$
JTD PROPERTIES LLC	36,385.61	36,385.61

REDCAEITVEED

DDAUTEE	Check	NEATSASEMSOSEUDNT	NERTEACEMIVOEUDNT   GENERAL FUND     SERIES 2005	SERIES 2007

10/25116	1211/11//1176

N33u2m6	$	198,,01962..4801    $       198,,01962..4801    $     198,,0196..4801    $	$

10/2511 6

3326	$

$	9,096.40 $

9 096.40  $	$

36,385.61

$

$

1	$

10/25116	511/17	3326	$
Total	$

369,039865..4601    $

$     36,385.61   $	$

GOLDEN CAY LLC	91,611.84	18,340.72   $    52,640.00	20,631.12

REDCAEITVEED

DATE	Check	NEASST AEMSOSEUDNT	NERTEACEMIVOEUDNT    GENERAL FUND     SERIES ZOOS	SERIES 2007

1110117

2/10117

DUE	N10u3m8	4225,9802..962    $     4225,,8902.962	94,57805.168

11/1/16

Wire	$

$       2163,13620..00

$ 10,315.56

6122117

25/1111117

1046	22,902.96 �

22,902.96	4,585.18 $

$

13,160.00

$	55,,11557..7788

18,340.72

Total	91,611.84 $ 91,611.84

$ 52,640.00 $

20,631.12

$

GREEN GATE LAGOON LLC		185,092.20	34,906.52	$ 110,920.00	$ 39,265.68	
REDCAEITVEED	DDAUTEE	Check
WNuirme	NEATSASEMSDSEUDNT	NERTEACEM	IVOEUDNT   GENERAL FUND	SERIES 2005	SERIES 2007	

6130117	11/1116	$	92,546.10	92,546.10   $      17,453.26   s   55,460.00   s  19,632.84

$

6/30117	2/1117	Wire	$	46,273.05	46,273.05   $	8,726.63    s  27,730.00   $	9,816.42

$

8,726.63

.

$

$

6T/3o0t1a1l7	511117	Wire 	$

18456,,029723..0250

18456,,029723..0205   $

34,906.52 $

11207,,97230.00    $

39,265.68

LAND ACQUISITION ONE LLC	43,485.25	43,485.25 $

REDCAEITVEED

DDAUTEE	CNhuemck	NEATSASEMSOSEUDNT	NERTEACEMIVDEUDNT   GENERAL FUND     SERIES 2005	SERIES 2007

1215/16	1211/111/1176

121

110055

$	2101,,784721..3612   $     21,742.62    s   1210,,784721..6321    $	$

$

$

$

1215/16	5/1/17	1005

$	10 871.31    $     110,,887711..3311

$s   10,871.31    $	$s

Total

$	43,485.24 $

43 485.24    $     43,485.24   $	$

9

WESTSIDE CODHOLDINGS, INC,	119,658.38	$ 119,658.38 $
DATE	DATE	Check		NET AMOUNT	NET AMOUNT  GENERAL FUND  SERIES 2005	SERIES 2007 RECEIVED	DUE	Num		 ASSESSED		RECEIVED 
11/14116	11/1/16	107892797/107892798 $	59,829.18   $    59,829.18  $   59,829.18  $	$
1117/17	2/1/17	107977134	$	29,914.60   $     29,914.60   $  29,914.60  $	$
1/17/17	 5/1/17		10797713S	$ 	29 914.60  $   29,914.60  $    29 914.60 $	$

WESTSIDE CODHOLDINGS, INC,		84,012.31	84,012.31 $		
DATE	DATE
RECEIVED	DUE	Ched< Num	NET AMOUNT ASSESSED	NET AMOUNT GENERAL FUND SERIES ZOOS	SERIES 2007	

Total	$	119,6S8.38   $   119 658.38  $ 119,658.38  $	$

RECEIVED	 	
11/14116	11/1/16	107892797/107892798	42,006.lS   $     42,006.lS	42,006.15  $	$
1/17/17	2/1/17	107977136	21,003.08 $  21,003.08	21,003.08 $	$
1/17/17	5/1£17	107977137	21,003.08  $    21,003.08	21,003.08  $	$
Total	84 012.31  $  84 012.31	84 012.31  $	$

MATTAMY ORLANDO LLC	62,360.36	62,360.36
DATE	DATE	Check	NET AMOUNT	NET AMOUNT  GENERAL FUND SERIES 2005	SERIES 2007 RECEIVED		DUE	Num		ASSESSED		RECEIVED
1/19/17
2/11/17
7/27/17	11/1/16
2/1/17
5/1/17     		29810
30174
33399		$	31,180.18
$	lS,590.09
$	lS.590.09	$    31,180.18	31,180.18
$    1S,S90.09	1S,S90.09
$    1S,S90.09	1S,S90.09	$	$
$	$
$	 		
Total			$	62,360.36	$    62,360.36	62,360.36	$	$	

LAND ACQUISmON ONE LLC	15,883.Sl	$   15,883.51  $	$
DATE	DATE	Check	NET AMOUNT	NET AMOUNT GENERAL FUND SERIES ZOOS	SERIES 2007 RECEIVED		DUE	Num		ASSESSED		RECEIVED
12/27/16	11/1/16	1006	$	7,941.7S  $	7,941.75  $	7,941.75   $	$
12/27/16	21m1	1006	$	3,970.88  $	3,970.87 $	3,970.87  $	$

Total

12/27/16	5/1/17	1006	$	3 970.88  $	3 970.88  $	3,970.88  $	$
$	15,883.Sl  $    15,883.50   $   15,883.50  $	$

SUMMARY

TAX ROLL ASSESSED AMOUNT DIRECT BILLEDAMOUNT TOTAL
TAX ROLL ASSESSMENTS COLLECTED DOUGLAS WESTSIDE LLC
JTD PROPERTIES LLC
GOLDEN CAY LLC
GREEN GATE LAGOON LLC LAND ACQUISITION ONE LLC WESTSIDE COO KOLOINGS, INC. WESTSIDE COD HOLDINGS, INC. MATTAMY ORLANDO LLC
LAND ACQUISITION ONE LLC

DIRECT Bill ASSESSMENTS COLLECTED

VARIANCE	TOTAL	GENERAL FUND SERIES 2005	SERIES 2007
$	837,924.71    $  218,182.71  $  276,642.00   $ 343,100.00
$	624,643.25	$401 186.45  $163,560.00	<59,896.80
$     1,462,567.96    $   619,369,16    $   440,202.00   $  402,996.80
$	8S6,400.99 $ 222,993.65 $ 282,741.96 $ 3S0,66S.38
$	48,Sl4.1S   $    48,514.15  $	$	-
$	36,385.61 $ 36,385.61 $ 52,640.00 $
$	91,611.84 $   18,340.72 $  110,920.00 $ 20,631.12
$	185,092.20 $  34,906.52 $	$   39,265.68
$$	43,485.24   $   43,485.24   $	$
119,658.38  $ 119,658.38 $	$
$	84,012.31  $   84,012.31 $	$
$	62,360.36 $  62,360.36 $	$
$	15,883.50 $  15,883.50 $	$	
	$	687,003.59   $   463 546.79   $   163,560.00   $  59,896.80
$	180,836.621  $    (67,171,281  $     16,099.961  $   17,565.38	

10 

Westside CDD FY 2017 
Direct Bi ll Status

Landownder	Total O & M	Total Debt	Total Due

18·25·27·3160-000A-0080			Nov	$59,829.19	$0.00	$59,829.19 Paid 11/14/16	
(Former Fairwlnds)	2005	$0	Feb	$29,914.60	$0.00	$29,914.60 Paid 1/18/17	

'Nesl:side	Westside CDD Holdings	$119 ,658	$0	$119,658	O&M	Debt	Total	Paid

2007

May		$29,914.60		$0.00		$29,914.60 Paid 1/18/17 Total	$119,658.38	$0.00		$119,658.38

2005	$0	Feb	$9,096.40	$0.00	$9,096.40 Paid 10/26/16	
2007	$0	May	$9,096.40	$0.00	$9,096.40 Paid 10/26/16	

Westside	JTD  Land  at Westside LLC	$36,386	$0	$36,386		O&M		Debt		Total		Paid 07·25·27·3160-000CO llO (Parcel HJ				Nov		$18,192.81		$0.00		$18,192.81 Paid 10/26/16

Total	$36,385.61	$0.00	$36,335.61

Westside CDD Holdings	$84,0 12	$0	$84,012	O&M	Debt	Total	Paid
18·25-27-3160·000B·0040	Nov	$42,006.16	$0.00	$42,006.16 Paid 11/14/16
2005	$415,856	Feb	$21,003.08	$0.00	$21,003.08 Paid 1/18/17
2007	$135,432	May	$21,003.08	$0.00	$21,003.08 Paid 1/18/17
Total	$a4.0l2 31	$0.00	$84,0 12.31
Golden Cay LLC	$18,341	$73,Zll	$91,612	O&M	Debt	Total	Paid
07-25·27-5461-0001-00DO	Nov	$9,170.36	$36,635.56	$45,805.92 Paid 1/10/17
2005	$52,640	Feb	$4,585.18	$18,317.78	$22,902.96  Paid 2/10/17
2007	$20,631	May	$4,585.18	$18,317.78	$22,902.96 Paid 6/22/17
Total	$18,340.72	$73,271.12	$91,611.84
Douglas Westside, LLC	$48,514	$0	$48,514	O&M	Debt	Total	Paid
06-25·27-5474-0001-0030	Nov	$24,257.08	$0.00	$24,257.08 Paid 11/15/16
2005	$0	Feb	$12,128.54	$0.00	$12,128.54 Paid 2/27/17
2007	$0	May	$12,128.54	$0.00	$12,128.54 Paid 4/18/17
Total	$48,514 .15	$0.00	$48,514.15
O & M	Debt	Total	Paid
Land One Acquisition	$43,485	$0	Nov	$10,871.31	$10,871 .31 Paid 12/5/16
182527316000080110	Jan	$10,871.31	$10,871.31 Paid 12/5/16
April	$10,871.31	$10,871.31 Paid 12/5/16

2005	$0	Total	$43,485.25	$43,485.25	
2007	$0				

July	$ 10,871.31	$10,871.31 Paid 12/5/16

Mattamy	$62,360	$0	$62,360	O&M	Debt	Toti!II	Paid
18·25-27-0000-0020·0000	Nov	$31,180.18	$31,180.18  Paid 1/20/17
18-25·27-3160·000C·0010	2005	$0.00	Feb	$!5,590.09	$15,590.09 Paid 2/15/17
18-25·27-3160-000C·OOl5	2007	$0.00	May	$15,590.09	$15,590.09 Paid 7/27/17
18-25·27-3160-000C-0030
18·25-27-3160-000D-Ol 10	Tc@I	$62,360.36	$62,360.36
18-25·27-3160-000D-Ol 15 
18·25-27-3160·000D-0120

Land One Acquisition	$15,884	$0	$15,884	O&M	Debt	Total	Paid
19·25·27-3160·0008·0030	Nov	$7,941.75	$7,941.75  Paid 12/27/16
2005	$0.00	Feb	$3,970.88	$3,970.88 Paid 12/27/16
2007	$0.00	May	$3,970.88	$3,970.88 Paid 1 2/27/16
Tota!	$15,883.50	$15,883.50

Nov	$17,453.26	$75,092.84	$92,546.10 Paid 07/06/17	
O & M	Feb	$8,726.63	$37,546.42	$46,273.05 Paid 07/06/17	
2005 Debt	$1 10,920	May	$8,726.63	$37,546.42	$46,273.05 Paid 07/06/17	
2007 Debt	$39,266				$185,092.20	

O&M	Debt	Total	Paid
Green Gate Lagoon
07-25-27-5461-000l-0010