Westside Community Development District

Agenda September 11, 2019

Westside
Community Development District

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

September 4, 2019

Board of Supervisors Westside Community Development  District

Dear Board Members:

The Board of Supervisors of Westside Community Development District will meet Wednesday, September 11, 2019 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
Organizational Matters
Appointment of Individuals to Fulfill Seats #3 & #5
Administration of Oaths of Office to Newly Appointed Board Members
Election of Officers
Consideration of Resolution 2019-28 Electing Officers
Approval of Minutes of the August 13, 2019 Meeting
Consideration of Resolution 2019-27 Bond Delegation Resolution - Series 2005 & Series 2007 Refunding
Ratification of Series 2018 Requisition #2 and Series 2019 Requisitions #2 - #3
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
Other Business
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 Organizational Matters. Section A is the appointment of individuals to fulfill Seats #3 & #5 and Section B is the administration of the Oath of Office to the newly appointed Board Members. There is no back-up material. Section C is the election of officers and Section D is the consideration of Resolution 2019-28 electing officers. A copy of the Resolution is enclosed for your review.

The fourth order of business is the approval of the minutes of the August 13, 2019 meeting. The minutes are enclosed for your review.

The fifth order of business is the consideration of Resolution 2019-27 bond delegation resolution for the Series 2005 & Series 2007 refunding. A copy of the Resolution is enclosed for your review and the exhibits will be available at the meeting for reference.

The sixth order of business is the ratification of the Series 2018 Requisition #2 and the Series 2019 Requisitions #2 - #3. Copies of the requisitions and supporting invoices are 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.

Sincerely,

George S. Flint District Manager

CC:	Jan Carpenter, District Counsel Mark Vincutonis, District Engineer Darrin Mossing, GMS

Enclosures

S E-C	T	IO N Il l

S ECTION D

RESOLUTION 2019-28

A RESOLUTION ELECTING OFFICERS OF THE WESTSIDE COMMUNITY DEVELOPMENT DISTRICT

WHEREAS, the Board of Supervisors of the Westside Community Development District at a regular business meeting held on September 11, 2019 desires to elect the below recited persons to the offices specified.

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE WESTSIDE COMMUNITY DEVELOPMENT DISTRICT:

1. The following persons were elected to the offices shown, to wit:

Chairman
Vice Chairman Treasurer
Assistant Treasurer Secretary
Assistant Secretary Assistant Secretary Assistant Secretary Assistant Secretary

PASSED AND ADOPTED THIS 11th DAY OF SEPTEMBER, 2019.

Chairman / Vice Chairman

Secretary / Assistant Secretary

M INUTES

MINUTES OF MEETING WESTSIDE
COMMUNITY DEVELOPMENT DISTRICT

The regular meeting of the Board of Supervisors of the Westside Community Development District was held Tuesday, August 13, 2019 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:

Bennett Ruedas Tom Franklin Scott Stewart Steven Rivera

Also present were:

George Flint Andrew d' Adesky Mark Vincutonis William Viasalyers Justin Rowan

Chairman
Vice Chairman Assistant Secretary Assistant Secretary

District Manager District Counsel District Engineer Field Manager
MBS Capital Markets

Due to a technical difficulty a portion of these minutes are presented in summary format.

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

SECOND ORDER OF BUSINESS	Public Comment Period
No members of the public were present to provide comment.

THIRD ORDER OF BUSINESS	Organizational Matters
Appointment of Individuals to Fill Seats 3 and 5
Administration of Oaths of Office to Newly Appointed Board Members
Consideration of Resolution 2019-22 Electing Officers
No action was taken.

FOURTH ORDER OF BUSINESS	Approval of the Minutes of the July 3, 2019
Meeting

August 13, 2019	Westside Community Development District

Mr. Flint presented the minutes from the July 3, 2019 meeting and asked for any comments, corrections or deletions. There being none,

On MOTION by Mr. Franklin seconded by Mr. Stewart with all in favor the minutes of the July 3, 2019 meeting were approved, as presented.

FIFTH ORDER OF BUSINESS	Public Hearing
Consideration of Resolution 2019-23 Adopting the Fiscal Year 2020  Budget and Relating to the Annual Appropriations
Mr. Flint presented the Resolution and proposed Fiscal Year 2020 budget to the Board.
Discussion ensued.

On MOTION by Mr. Franklin seconded by Mr. Stewart with all in favor Resolution 2019-23 was approved.

Consideration of Resolution 2019-24 Imposing Special Assessments and Certifying an Assessment Roll

On MOTION by Mr. Stewart seconded by Mr. Franklin with all in favor Resolution 2019-24 was approved.

Mr. Flint presented the Resolution and assessment methodology to the Board. Discussion ensued.

SIXTH ORDER OF BUSINESS	Financing Matters - Series 2005 and 2007
Refunding
A.	Consideration of Preliminary Special Assessment Methodology
Mr. Flint presented the preliminary Special Assessment Methodology Report to the Board. He advised that the report would be revised and redistributed. Discussion ensued.

SEVENTH ORDER OF BUSINESS	Financing Matters - Parcel K
Consideration of Engineer's Report
The recording started during this item.
Mr. Vincutonis stated the storm pipes are included in the report, inlets and pipes and that will be owned and maintained by the CDD everything else is being transferred to Toho Water Authority and there is no land to maintain.

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August 13, 2019	Westside Community Development District

Mr.  Flint  stated  the only  thing  in his  report  are  the things  that  we can finance.	My understanding is there are no private improvements included in the $1.3 million.

Consideration of Master Assessment Methodology
Consideration of Resolution 2019-25 Declaring Special Assessments
Mr. d'Adesky stated the revised numbers are 2019-25, which is a declaration resolution that declares assessments on the Parcel K assessment area and relating to the Parcel K tract,  which is part of the Windsor development. It approves in substantial form the Engineer's Report and the methodology. There will be minor tweaks to those  to make sure they come in line with the documents, correct minor typos, scrivener's errors and it is saying the benefit that is allocated in those parcels is proportionate to the benefit received by the respective improvements.  The costs are as laid out in the Engineer's Report and methodology about $1.3 million for the costs in the engineer's report and then $1.9 million in the methodology including financing costs and that will come down once we actual issue and get an interest rate and figure out what the real costs are. The attachments to the resolution are the Engineer's Report and Assessment Methodology.

On MOTION by Mr. Franklin seconded by Mr. Stewart with all in favor Resolution 2019-25 was approved.

blank.

Consideration of Resolution 2019-26 Setting a Public Hearing for Special Assessments
Mr. d' Adesky  stated the next one is 2019-26  setting  a public hearing  and  I left the date

Mr. Flint stated it has to be a 30-day mailed notice and it is proposed to be October 2,

2019 at 11:00 a.m. in this location.
Mr. Rowan stated that would work and we can complete the assessment process and then mail right after that and close prior to the end of the month.
Mr. Flint stated if the board is okay with October 2nd we will insert that date in the resolution.

On MOTION by Mr. Stewart seconded by Mr. Rivera with all in favor Resolution 2019-26 setting the public hearing for October 2, 2019 at 11:00 a.m. in the same location was approved.

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August 13, 2019	Westside Community Development District

EIGHTH ORDER OF BUSINESS
Attorney

Staff Reports

Mr. d' Adesky stated we are just working on the issuance.

Engineer
Mr. Vincutonis stated I'm working on the Calabria bonds.
Mr. Flint stated the president of the HOA in Calabria express concerns about the water levels in their pond and questioned whether there may be some blockage in the outfall that goes into the wetlands. The  wetlands are under  water right now where the outfall is you can't even  see it and that tells me that is probably why the level maybe staged up in their pond higher than what they normally see, but it is still below the control elevation. We believe it is just that the downstream water staged up. We are looking to see ifwe can find some historical lake levels for Lake Davenport. We are hoping to hold off on anything until the water  levels drop and the  outfall structure is exposed. It is a bubble up structure and they are notorious for silting up because there is no way to flush them, but we can't see the structure right now. We will take a closer look once it starts to dry out and keep an eye on it.
Mr. Ruedas asked is there anything new with the Toho reuse issue?
Mr. Flint responded I have not heard anything. The rain has helped  but it is the same story, I think I saw a follow-up email from Mattamy to them continuing to express concern and we have the kind of canned response that they are continuing to look at it.
Mr. Ruedas stated we are looking at a few bills on replacement of landscaping that we  lost and I'm not exactly  sure  how we are going to deal with that  yet with Toho.  We don't want to be in the same position next year when we get into the dry season again.
Mr. Flint stated the common area landscaping is recovering although  it is apparent there is thin turf and things like that we are dealing with that are a result of that drought period.

Manager
Approval of Check Register
Mr. Flint presented the check register from June 27, 2019 through August I, 2019 in the amount of $25,635.27.

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August 13, 2019	Westside Community Development District

On MOTION by Mr. Franklin seconded by Mr. Stewart 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.

Approval of Fiscal Year 2020 Meeting Schedule
Mr. Flint stated we have prepared a schedule for the first Wednesday of the month with the exception of January, which falls on January 1st and we deleted that meeting.
Mr. Ruedas stated why don't we schedule it for January 8th and if there is no business to
conduct we can cancel it at that point, but at least we can calendar it.
Mr. Flint stated okay.

On MOTION by Mr. Stewart seconded by Mr. Rivera with all in favor the Fiscal Year 2020 meeting schedule reflecting meetings on the first Wednesday of the month was approved with the exception of the January meeting being January 8, 2020.

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

NINTH ORDER OF BUSINESS	Supervisor's Requests
Mr. Ruedas stated we tabled Resolution 2019-20 at the last meeting. What do we need to do for that? I believe it is related to the Solara Phase II Replat and the cleanup of CDD property that was replatted.
Mr. d' Adesky stated we already have authority to fix the pond issue. I'm comfortable with that being handled outside through previously delegated authority to fix that. To what extent do you have the plat right now that needs to be approved and recorded?
Mr. Ruedas stated it has already been recorded.
Mr. Flint stated we can bring it back to the September meeting. All this was doing was ratifying the conveyance and the reason you didn't act on it was because it wasn't ready and hadn't been recorded yet but the authority to do it had been previously approved.
Mr. d'Adesky stated I don't think I have seen the recorded version of that so if you could send that to me I can finalize the documents and get those to you and get those executed.

5

August 13, 2019	Westside Community Development District

Mr. Ruedas stated I believe several people were sent that recorded plat including Mark, George and others.
Mr. d' Adesky stated I have the documents drafted it is just plugging in the book and page numbers.

TENTH ORDER OF BUSINESS
There being none,

Other Business

On MOTION by Mr. Stewart seconded by Mr. Franklin with all in favor the meeting adjourned.

Secretary/Assistant Secretary	ChairmanNice Chairman

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S	ECTION ·

RESOLUTION 2019-27
A RESOLUTION OF WESTSIDE COMMUNITY DEVELOPMENT DISTRICT SUPPLEMENTING ITS RESOLUTION NO. 2005-13, AS PREVIOUSLY SUPPLEMENTED BY AUTHORIZING THE ISSUANCE OF ITS WESTSIDE COMMUNITY DEVELOPMENT  DISTRICT SPECIAL ASSESSMENT REVENUE BONDS, SERIES 2019 (WINDSOR PARCEL K) IN A PRINCIPAL AMOUNT NOT EXCEEDING $1.94 MILLION; FOR THE PRINCIPAL PURPOSE OF ACQUIRING AND CONSTRUCTING ASSESSABLE IMPROVEMENTS; DELEGATING TO THE CHAIRMAN OR VICE CHAIRMAN OF THE BOARD OF SUPERVISORS OF THE DISTRICT, SUBJECT  TO  COMPLIANCE WITH THE APPLICABLE PROVISIONS HEREOF, THE AUTHORITY TO AWARD THE SALE OF SUCH 2019 BONDS TOMBS CAPITAL MARKETS, LLC BY EXECUTING AND DELIVERING TO SUCH UNDERWRITER A BOND PURCHASE  AGREEMENT  AND APPROVING THE FORM THEREOF; APPROVING THE FORM OF  AND AUTHORIZING THE EXECUTION OF THE SEVENTH SUPPLEMENTAL TRUST INDENTURE; APPOINTING U.S. BANK NATIONAL ASSOCIATION AS THE TRUSTEE, BOND REGISTRAR AND PAYING AGENT FOR SUCH 2019 BONDS; MAKING CERTAIN FINDINGS; APPROVING FORM OF SAID 2019 BONDS; APPROVING THE FORM OF THE PRELIMINARY LIMITED OFFERING MEMORANDUM AND AUTHORIZING THE USE BY THE UNDERWRITER OF THE PRELIMINARY LIMITED OFFERING MEMORANDUM AND THE LIMITED OFFERING MEMORANDUM AND THE EXECUTION OF THE LIMITED OFFERING MEMORANDUM; APPROVING THE FORMS OF THE CONTINUING DISCLOSURE AGREEMENT AND AUTHORIZING THE EXECUTION THEREOF; AUTHORIZING CERTAIN OFFICIALS OF WESTSIDE COMMUNITY DEVELOPMENT DISTRICT AND OTHERS TO TAKE ALL ACTIONS REQUIRED IN CONNECTION WITH THE ISSUANCE, SALE AND DELIVERY OF SAID 2019 BONDS; PROVIDING CERTAIN OTHER DETAILS WITH RESPECT TO SAID 2019 BONDS; AND PROVIDING AN EFFECTIVE DATE.
WHEREAS, Westside Community  Development  District (the "District") is authorized by Florida Statutes, Chapter 190 (the "Act") and Ordinance No. 04-34 and Ordinance No. 07-19 of Osceola County, Florida, (collectively, the "Ordinance"), to issue its Bonds (as defined in the Master Indenture as defined below) for the purpose of acquiring and constructing assessable improvements all as provided in the Act and the Ordinance; and

WHEREAS, the District is authorized by the Act to make payments of principal, interest, and premium, if any, with respect to its bonds by levying and collecting special assessments on property located within the District and specially benefited by the assessable improvements to be financed with certain proceeds of the 2019 Bonds (as defined below); and

50059908 ;1

WHEREAS, the Bonds were validated by final judgments rendered by the Circuit Court in and for Osceola County, Florida on March 30, 2005 and September 4, 2007; and
WHEREAS, the District now desires to supplement the First Resolution, to authorize the issuance of and award the sale of its Special Assessment Revenue Bonds, Series 2019 (Windsor Parcel K) (the "2019 Bonds") in a principal amount not exceeding $1.94 million, to approve the Supplemental Indenture (hereinafter defined) and to provide for various other matters relating to the issuance of the 2019 Bonds; and

WHEREAS, the Board of Supervisors of the District (the "Board") has received from MBS Capital Markets, LLC (the "Underwriter") a proposal in the form of a Bond Purchase Agreement (the "Contract") for the purchase of the 2019 Bonds and the Board has determined that acceptance of such proposal and the sale of the 2019 Bonds to the Underwriter is in the best interest of the District for the reasons hereafter indicated;

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF WESTSIDE COMMUNITY DEVELOPMENT DISTRICT, as follows:
SECTION 1. Definitions. All words and phrases used herein in capitalized form, unless otherwise defined herein, shall have the meaning ascribed to them in the Indenture (hereinafter defined).
SECTION 2.  Authorization.  There is hereby authorized  to be issued the 2019 Bonds in a principal amount not exceeding $1.94 Million. The 2019 Bonds shall be issued under and secured by that Master Trust Indenture dated as of February 1, 2005 (the "Master Indenture") as supplemented by that Seventh Supplemental Trust Indenture  (the "Supplemental  Indenture") both by and between the District and U.S. Bank National Association, as trustee (the "Trustee") (the Master Indenture and the Supplemental Indenture are referred to collectively as the "Indenture"). The proceeds of the 2019 Bonds shall be used for the purposes set forth in the Supplemental Indenture and the Limited Offering Memorandum (hereinafter defined).
SECTION 3. Approval of Supplemental Indenture. The Supplemental Indenture is hereby approved in substantially the form set forth as part of Exhibit A hereto and the Chairman or the Vice Chairman of the Board are hereby authorized and directed to execute and deliver  such Supplemental Indenture on behalf of and in the name of the District and the Secretary or  any Assistant Secretary of the Board is hereby authorized to attest such execution, with such additions and deletions therein as may be made and approved by the Chairman or the Vice Chairman executing the same, such execution to be conclusive evidence of such approval. The Trustee is hereby appointed to serve as Trustee, Bond Registrar and Paying Agent under such Supplemental Indenture.
SECTION 4. Negotiated Sale. The Board  hereby  determines  that a negotiated  sale of the 2019 Bonds to the Underwriter is in the best interest of the District because of prevailing market conditions, because delays caused by soliciting competitive bids could adversely affect the District's ability to issue and deliver the 2019 Bonds at presently favorable interest rates, and

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50059908;1

because the nature of the security for the 2019 Bonds and the sources of payment of debt service on the 2019 Bonds require the participation of an underwriter in structuring the bond issue.
SECTION 5. Contract Approved. The Board hereby approves the Contract submitted by the Underwriter in substantially the form attached as Exhibit B hereto. The Chairman or Vice Chairman of the Board is hereby authorized to execute the Contract and to deliver the Contract to the Underwriter with such changes, amendments, modifications, omissions and additions as may be approved by the executing Chairman or Vice Chairman; provided  that (i) the principal amount of the 2019 Bonds shall not exceed $1,940,000; (ii) the interest rate on none of the 2019 Bonds will exceed the maximum allowable interest rate under applicable Florida law without regard to any waiver of such limit; (iii) the Underwriter's discount shall not exceed the greater of two percent (2.0%) of the principal amount of the 2019 Bonds or $50,000; (iv) the 2019 Bonds shall be subject to optional redemption no later than May 1, 2029 at a Redemption Price not in excess of 100% of the principal amount to be redeemed plus accrued interest to the redemption date and (v) the final maturity date of the 2019 Bonds shall be no later than May 1, 2050.

SECTION 6. Preliminary Limited Offering Memorandum and Limited Offering Memorandum. The District hereby approves the Preliminary Limited Offering Memorandum in substantially the form attached hereto as Exhibit C (the "Preliminary Limited Offering Memorandum") and authorizes its distribution and use by the Underwriter in connection with the offering for the sale of the 2019 Bonds. If between the date hereof and the mailing of the Preliminary Limited Offering Memorandum it is necessary to make insertions, modifications and changes to the Preliminary Limited Offering Memorandum, the Chairman or Vice Chairman is hereby authorized to approve such insertions, changes and modifications, and, the Chairman or Vice Chairman is hereby authorized to deem the Preliminary Limited Offering Memorandum "final" within the meaning of Rule 15c2-12 of the Securities and Exchange Commission (the "Rule") under the Securities Exchange Act of 1934, in the form as mailed and in furtherance thereof to execute a certificate evidencing same. The preparation of a final Limited Offering Memorandum is hereby approved and the Chairman or Vice Chairman is hereby authorized to execute such final Limited Offering Memorandum to be dated the date of the award of the 2019 Bonds and, upon such award, to deliver the same to the Underwriter for use by it in connection with the sale and distribution of the 2019 Bonds. The Limited Offering Memorandum shall be substantially in the form of the final Preliminary Limited Offering Memorandum, with such changes as shall be approved by the Chairman or Vice Chairman as necessary to conform to the details of the 2019 Bonds and such other insertions, modifications and changes as may be approved by the Chairman or Vice Chairman. The execution and delivery of the Limited Offering Memorandum by the Chairman or Vice Chairman shall constitute evidence of the approval thereof. The District hereby authorizes the use of the Preliminary Limited Offering Memorandum and the Limited Offering Memorandum and the information contained therein in connection with the offering and sale of the 2019 Bonds.
SECTION 7. Form of 2019 Bonds. The 2019 Bonds shall be in substantially the form as set forth in the exhibit to the Supplemental Indenture, with such additions, deletions and other changes thereto as the officials of the Board executing the 2019 Bonds shall approve, such approval to be conclusively evidenced by the execution of the 2019 Bonds (by manual or

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facsimile signature) by such officials. The Board hereby authorizes and approves the use of a facsimile of the District seal on the 2019 Bonds.

SECTION 8. Continuing Disclosure Agreement. The form and content of Continuing Disclosure Agreement (the "Disclosure Document") relating to the 2019 Bonds attached hereto  as Exhibit D is hereby approved. The Chairman or Vice Chairman and the Secretary or any Assistant Secretary are hereby authorized to execute on behalf of the District the Disclosure Document in substantially the form attached hereto, with such additions, deletions, and other changes as may be necessitated by applicable law, this Resolution and the Contract as such officers may approve (such approval to be conclusively evidenced by their execution of the Disclosure Document).

SECTION 9. Open Meetings. It is hereby found and determined that all official acts of this Board concerning and relating to the issuance, sale, and delivery of the 2019 Bonds, including but not limited to adoption of this Resolution, were taken in open meetings of the members of the Board and all deliberations of the members of the Board that resulted in such official acts were in meetings open to the public, in compliance with all legal requirements including, but not limited to, the requirement of Florida Statutes, Section 286.011.

SECTION 10. Other Actions. The Chairman, the Vice Chairman, the Secretary, any Assistant Secretary and the District Manager of the District, and any authorized designee thereof (collectively, the "District Officers"), Akerman LLP, as Bond Counsel, Latham, Shuker, Eden & Beaudine, LLP the District's General Counsel, and any other consultant or experts retained  by the District, are hereby authorized and directed to take all actions necessary or desirable in connection with the issuance and delivery of the 2019 Bonds and the consummation of all transactions in connection therewith. The District Officers are hereby authorized and directed to execute all necessary or desirable certificates, documents, papers, and agreements necessary to the undertaking and fulfillment of all transactions referred to in or contemplated by the Supplemental Indenture, the Preliminary Limited Offering Memorandum, the Limited Offering Memorandum, this Resolution, the Disclosure Document and the Contract.
SECTION 11. Approval of Prior Actions. All actions taken to date by the members of the Board and the officers, agents, and employees of the District in furtherance of the issuance of the Bonds are hereby approved, confirmed and ratified.

SECTION 12. Inconsistent Resolutions and Motions. All prior resolutions of  the Board inconsistent with the provisions of this Resolution are hereby modified, supplemented and amended to conform with the provisions herein contained and, except as so modified, supplemented and amended hereby, shall remain in full force and effect.

SECTION 13. Severability. If any section, paragraph, clause or provision of this Resolution shall be held to be invalid or ineffective for any reason, the remainder of this Resolution shall continue in full force and effect, it being expressly hereby found and declared that the remainder of this Resolution would have been adopted despite the invalidity or ineffectiveness of such section, paragraph, clause or provision.

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SECTION 14.  Effective Date.	This Resolution shall become effective immediately upon its adoption.
ADOPTED this 11th day of September, 2019.
WESTSIDE COMMUNITY DEVELOPMENT DISTRICT

By:_

_ _ _ _

_ _ _

_ _ _ _ _ _

[SEAL]
Attest:

Chairman

By:_

_ _ _ _

_ _ _

_ _ _ _ _ _ _

Secretary

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50059908 ;1

SECTION VI

WESTSIDE COMMUNITY DEVELOPMENT DISTRICT

REQUISITION FOR SERIES 2018 BONDS

The undersigned, an Authorized Officer of Westside Community  Development  District (the "District") hereby submits the following requisition for disbursement under  and pursuant  to the terms of the Master Trust Indenture from the District to U.S. Bank National Association, as trustee (the "Trustee"), dated as of February  1,  2005 (the "Master  Indenture"),  as supplemented by the Fourth Supplemental Indenture from the District to the Trustee, dated  as of February  1, 2018 (the Master Indenture as amended and supplemented is hereinafter referred to as the "Indenture") (all capitalized terms used  herein shall  have the meaning  ascribed  to such term  in the Indenture):

Requisition Number: 2
Name of Payee: Governmental Management Services- CF, LLC
Amount Payable: $2,633.16
Purpose for which paid or incurred (refer also to specific contract if amount is due and payable pursuant to a contract involving progress payments, or, state Costs of Issuance, if applicable): Invoice: 331 - FY19 construction accounting services
Fund or Account and subaccount, if any, from which disbursement to be made:

The undersigned hereby certifies that obligations in the stated amount set forth above have been incurred by the District, that each disbursement set forth above is a proper charge against the 2018 Acquisition and Construction Account, that each disbursement set forth above was incurred in connection with the acquisition and/or construction of the 2018 Project and each represents a Cost which has not previously been paid.

The undersigned hereby further certifies that there has not been filed with or served upon the District notice of any lien, right to lien, or attachment upon, or claim affecting the right to receive payment of, any of the moneys payable to the Payee set forth above, which has not been released or will not be released simultaneously with the payment hereof.

The undersigned hereby further certifies that such requisition  contains  no  item representing payment on account of any retained percentage which the District  is at  the date of such certificate entitled to retain.

Attached hereto are originals or duplicate copies of the invoice(s) from the vendor of the property acquired or services rendered with respect to which disbursement is hereby requested.
WESTSIDE COMMUNITY DEVELOPMENT DISTRICT

By:_	f-L	-	=---=-----	-	
Authorized Officer

42523034;8

CONSULTING ENGINJl:ER'S APPROVAL OF 2018 PROJECT COSTS
The undersigned Consulting Engineer hereby certifies that this disbursement is for a Cost of the 2018 Project and is oonsistent with: (i) the applicable acquisition or construction contract;
(ii) the plans and specifications for the portion of the 2018 Project with respect to which such disbursement is being made; and, (ii) the report of the Consulting Engineer for  the 2018 Project. as SU<:b .report shall have been amended or modified ·on the date hereof- The undersigned furthc,r certifies that (a) the 2018 Project improvements to be acquired have been completed in accordance with the plans and specifications therefore; (b) the 2918 Project improvements are constructed in a sound workmanlike manner and in aocorda:nce with industry stand ds; (c) the
purchase price to be paid by the District for the 2018 Project improvements is no more the lesser of (i) the fair market value of such improvements and (ii) the actual .cost of construction of such ittiprovements; (d) the plans and  specifications  for  the  2018  Project  improvements  have been approved by all regulatory bodies required to  approve  them  or  such  approval  can reasonably be expected to· be obtained.; (e) all currently required approvals and permits for the acquisition, construction, reconstruction, installation and/or equipping of the portion of the 2018 Project for which disbursement is made have  been  obtained  from  all  applicable  regulatory bodies; and {f) for that portion of the 2018 Project being acquired, the  seller  has  paid  all contractors, subcontractors, and materialmen that have provided  services  or  materials  m connection with the portion of the 2018 Projeci for which disbursement is made hereby.

Title:

42523034;8

C-2

•

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. ' . .

..  . - - ..	.  .  . .	.    ... ·.·. .·

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GMS-Central Florida, LLC
1001 Bradford Way
Kingston, TN 37763

Invoice

BIii To:
Westside CDD
135 West Central Blvd Suite 320
Orlando, FL 32801

Invoice#:  331
Invoice Date: 8/2/19
Due Date: 8/2/19
Case:
P.O. Number:

Description	HourS/Qty	Rate	Amount

Special Assessment Revenue Bonds, Series 2018 Annual Construction Accounting Fiscal Year 2019. - Per Management Agreement

Please Wire Funds To:
GMS-CF,LLC
ABA 062005690
Account 0125331205
Contact Angela Dougal (865) 270-7875		2,633.16	2,633.16	

Total	$2,633.16	
Payments/Credits	$0.00	
Balance Due	$2,633.16	

WESTSIDE COMMUNITY DEVELOPMENT DISTRICT REQUISITION FOR SERIES 2019 BONDS

The undersigned, an Authorized  Officer of Westside  Community  Development District (the "District") hereby submits the following requisition for disbursement  under and  pursuant  to the terms of the Master Trust Indenture from the District to U.S. Bank National Association, as trustee (the "Trustee"), dated as of February 1,  2005  (the  "Master  Indenture"),  as supplemented by the Fifth Supplemental Indenture from the District to the Trustee, dated  as of  April  1,  2019  (the Master Indenture as amended and supplemented is hereinafter referred to as the "Indenture") (all capitalized terms used herein shall have the meaning ascribed to such term in the Indenture):

Requisition Number: 2

Name of Payee: Hanson Walter & Associates, Inc.

Amount Payable: $1,852.50

Purpose for which paid or incurred (refer also to specific contract if amount is due and payable pursuant to a contract involving progress payments, or, state Costs of Issuance, if applicable): Invoices: 5269237 & 5269239 - Construction  engineering  services  April  2019  to May 2019

Fund or Account and subaccount, if any, from which disbursement to be made: 2019 Acquisition and Construction Account.
The undersigned hereby certifies that obligations in  the  stated  amount  set  forth above have been incurred by the District, that each disbursement set forth above  is a  proper  charge against the 2019 Acquisition and Construction Account, that each  disbursement  set  forth above was incurred in connection with the acquisition and/or construction of the 2019 Project and each represents a Cost which has not previously been paid.

The undersigned hereby further certifies that there has not been filed with or served upon the District notice of any lien, right to lien, or attachment upon, or claim affecting the right to receive payment of, any of the moneys payable to the Payee set forth above, which has not been released or will not be released simultaneously with the payment hereof.

The undersigned hereby further certifies that such  requisition  contains  no  item representing payment on account of any retained percentage which the District  is at  the date of  such certificate entitled to retain.

Attached hereto are originals or duplicate copies of the invoice(s) from the vendor of the property acquired or services rendered with respect to which disbursement is hereby requested.

r	\	

WESTSIDE COMMUNITY DEVELOPMENT DISTRICT

By:
Authorized Officer

CONSULTING ENGINEER'S APPROVAL OF 2019 PROJECT COSTS
The undersigned Consulting Engineer hereby certifies that this disbursement is for a Cost of the 2019 Project and is consistent with: (i) the applicable acquisition or construction contract;
the plans and specifications for the portion of the 2019 :Project with respect to which such disbursement is being made; and, (ii) the report of the Consulting Engineer for the 2019 Project, as such report shal_l have been amended or modified on the date hereof. The undersigned further certifies that (a) the 2019 Project improvements to be acquired have been completed in accordance with the plans and specifications therefore (b) the 2019 Project improvements are constructed in a sound workmanlike manner and in accordance with industry $tandards; (c) the purchase price to be paid by the District for the 2019 Project improvements is no more than the lesser of (i) the fair mark.et value of such improvements and (ii) the actual cost of construction of such improvements; (d) the plans and specifications for the 2019 Project improvements have been approved by all regulatory bodies required to approve them or such approval can reasonably be expected to be obtained; (e) all currently required approvals and perm.its for the acquisition, construction, reconstruction, installation and/or equipping of the portion of the 2019 Project for which disbursement is made have been obtained from all applicable regulatory bodies; and '(f) for that portion of the 2019 Project being acquired, the seller has paid all contractors, subcontractors, and materialmen that have provided services or materials in connection with the portion of the 2019 Project for which disbursement is niade hereby.

Title:

Hanson Walter & Associates, Inc 8 Broadway
Suite 104
Klsslmmee1 FL 34741
407-847-9433	Page: 1 of 1
3930-9
5269237
INVOICE

MAESBURY HOMES, INC GEORGE
WESTSIDE COD
C/0 GMS-CENTRAL FLORIDA LLC 9145 NARCOOSSEE ROAD, SUITE A206
ORLANDO, FL 32827 WESTSIDE COD CONSULTATION JOB ID: 3930-9
PERIOD: April 2019
For Services Rendered Through April 30, 2019

CLIENT ID:	4976
INVOICE #:	5269237
INVOICE DATE:	5/9/2019
DUE DATE:	5/19/2019
BILLED THROUGH:	4/30/2019

PO:

TIME & MATERIALS	Contract	%	
Amount	
Total	Amount
Previously	
Amount This	
NOT TO EXCEED	Amount	Complete	Remaining	BIiied To Date	Billed	BIiiing	
2011 ENGINEER'S REPORT	3,500.00	72.29	970.00	2,530.00	2,530.00	0.00	
	3,500.00	72.29	970.00	2,530.00	2,530.00	0.00	
					Amount		
				Total	Previously	Amount This	
TIME & MATERIALS				BIiied To Date	BIiied	Billing	
PROFESSIONAL CIVIL ENGINEERING SERVICES				83,609.65	83,809.65	0.00	
BIDDING/CONSTRUCTION COMPLETION PH2				3,910.00	3,910.00	0.00	
COO VS MAESBURY DOCUMENTS REQUEST				1,805.00	1,805.00	0.00	
ADDEN:BIDDING SERV/PROJECT COMPLETION				3,890.00	3,890.00	0.00	
SOLARA PHASE 2PROJECT CONSTRUCTION				1,282.50	0.00	1,262.50	
PROFESSIONAL LAND SURVEYING SERVICES				34,670.95	34,670.95	0.00	
REVISIONS TO COD FOR MERCANTILE LOAN				7,413.90	7,413.90	0.00	
WESTSIDE CONSERVATION EASEMENTS				1,240.00	1,240.00	0.00	
REIMBURSABLES				400.00	400.00	0.00	
				138,422.00	137,139.50	1,282.50	

$1,282.50

Total Invoice

PLEASE REMIT TO:
Hanson, Walter & Associates, Inc.
8 Broadway  Suite 104
Kissimmee, FL 34741

Hanson·Walter&.Associates, Inc
8Broadway
Sllfe 104
Kissimmee, FL 34741
407-847-943!	Paga: 1 of 1
3930-9
5269239
INVOICE

4976
5269239
6/11/2019
6/21/2019
5/31/2019

CLIENT ID:
INVOICE#: INVOICE DATE: DUE DATE:
BILLED THROUGH:

MAESBURY HOMES, INC GEORGE
WESTSIDE CDC
C/0 GMS-CENTRAL FLORIDA LLC 9145 NARCOOSSEE ROAD, SUITE
A206
ORLANDO, FL 32827

WESTSIDE ODD CONSULTATION
JOB ID: 3930-9
PERIOD: May 2019
For Services Rendered Through May 31, 2019

PO:

TIME & MATERIALS	Contract	%	
Amount	
Total	Amount
Previously	
AmountThls	
NOT TO EXCEED	Amount	Complete	Remaining	BIiied To Date	BIiied	Bllllng	
2011 ENGINEER'S REPORT	3,500.00	72.29	970.00	2,530.00	2,530.00	0,00	
	3,500.00	72.29	970.00	2,530.00	2,530.00	0.00	
				
Total	Amount Previously	
Amount Thia	
TIME & MATERIALS				BIiied To Dato	BIiied	Bllllng	
PROFESSIONAL CIVIL ENGINEERING SERVICES				83,928.40	83,928.40	0,00	
BIDDING/ CONSTRUCTION COMPLETION PH2				3,910.00	3,910.00	0,00	
CDD VS MAESBURY DOCUMENTS REQUEST				1,805.00	1,805.00	0,00	
ADDEN:BIDDING SERV/PROJECT COMPLETION				3,890.00	3,890.00	0.00	
SOLARA PHASE 2 PROJECT CONSTRUCTION				1,852.50	1,282.50	570.00	
PROFESSIONAL LAND SURVEYING SERVICES				34,670.95	34,670.95	0.00	
REVISIONS TO COD FOR MERCANTILE LOAN				7,413.90	7,413.90	0.00	
WESTSIDE CONSERVATION EASEMENTS				1,240.00	1,240.00	0.00	
REIMBURSABLES				400,00	400.00	0.00	
				139,110,75	138,540.75	570,00	

$570.00

Total Invoice

PLEASE REMIT TO:
Hanson, Walter & Associates, Inc.
8 Broadway   Suite 104
Kissimmee, FL 34741

WESTSIDE COMMUNITY DEVELOPMENT DISTRICT REQUISITION FOR SERIES 2019 BONDS

The undersigned, an Authorized Officer of  Westside  Community  Development  District (the "District") hereby submits the following requisition for  disbursement  under and  pursuant  to the terms of the Master Trust Indenture from the District to U.S. Bank National Association, as trustee (the "Trustee"), dated as  of February  1,  2005 (the  "Master  Indenture"),  as supplemented by the Fifth Supplemental Indenture from the District  to the Trustee,  dated  as of  April  I,  2019 (the Master Indenture as amended and supplemented is hereinafter referred  to as the "Indenture") (all capitalized terms used herein shall have the meaning ascribed to such term in the Indenture):

Requisition Number: 3

Name of Payee: Governmental Management Services - CF, LLC

Amount Payable: $3,500.00

Purpose for which paid or incurred (refer also to specific contract if amount is due and payable pursuant to a contract involving progress payments, or, state Costs of Issuance, if applicable): Invoice: 332 - FY19 construction accounting services

Fund or Account and subaccount, if any, from which disbursement to be made: 2019 Acquisition and Construction Account.
The undersigned hereby certifies that obligations in  the  stated  amount  set  forth  above have been incurred by the District, that each disbursement set forth above is  a proper  charge  against the 2019 Acquisition and Construction Account, that each disbursement  set  forth  above was incurred in connection with the acquisition and/or construction of the 2019 Project and each represents a Cost which has not previously been paid.

The undersigned hereby further certifies that there has not been filed with or served  upon  the District notice of any lien, right to lien, or attachment upon, or claim affecting the  right to receive payment of, any of the moneys payable to the Payee set forth above, which has not been released or will not be released simultaneously with the payment hereof.

The undersigned hereby further certifies that such  requisition  contains  no  item  representing payment on account of any retained percentage which the District  is at  the date of  such certificate entitled to retain.

Attached hereto are originals or duplicate copies of the invoice(s) from the vendor of the property acquired or services rendered with respect to which disbursement is hereby requested.

f"L= \	.	

WESTSIDE COMMUNITY DEVELOPMENT DISTRICT
By :

Authorized Officer

CONSULTING ENGINEER'S APPROVAL OF 2019 PROJECT COSTS

The undersigned CQnsulting Engineer hereby certifies that this disbursement is for a Cost of the 2019 Project and is consistent with: (i) the applicable acquisition or construction contract;

 		r	l

(ii) the plans and specifications for the portion of the 2019 Project with . respect to which such disbursement is being made; and, (ii) the report of the Consulting Engineer for the 2019 Project, as such report shalJ have been amended or modified on the date hereof. The undersigned further certifies that (a) the 2019 Project improvements to be acquired have been completed in accordance with the plans and specifications therefore (b) the 2019 Project improvements are constructed in a sound workmanlike manner and in accordance with iiidustry standards; {c) the purchase price to be paid by the District for the 2019 Project improvements is no more than the lesser of (i) thefair market value of such improvements and (ii) the actual cost of construction of such improvements; (d) the plans and specifications for the 2019 Project improvements have been approved by all regulatory bodies required to approve them or such approval can reasonably be expected to be obtained; (e) all currently required approvals and permits for the acquisition, construetion, reconstruction, installation and/or equipping of the portion of the 2019 Project for which disbursement is made have been obtained from all applicable regulatory bodies; and (t) for that portion of the 2019 Project being acquired, the se1ler has paid all
.contractors, subcontractors, and materialmen that have provided services or materials in connection with the portion ofthe 2019 Project for which disbursement is made hereby.
[CONSUL if

•

M ,	P.F.

,-•  '    .   . ..      . :  .... ;  .    .  : .·..

,•  .	.. . . . . . ' . .. .

.. . . .

GMS-Central Florida, LLC
1001 Bradford Way
Kingston, TN 37763

Invoice

BIii To:
Westside COD
135 West Central Blvd Suite 320
Orlando, FL 32801

Invoice #:  332
Invoice Date: 8/2/19
Due Date: 8/2/19
Case:
P.O. Number:

Description	Hours/Qty	Rate	Amount

Special Assessment Revenue Bonds, Series 2019 Annual Construction Accounting - Per Management Agreement

Please Wire Funds To:
GMS-CF,LLC
ABA 062005690
Account 0125331205
Contact Angela Dougal (865) 270-7875		3,500.00	3,500.00	

Total	$3,500.00	
Payments/Credits	$0.00	
Balance Due	$3,500.00	

-;-- ·- -

S E CTION VII

S ECTl"ON C

S ECTION 1

Westside
Community Development District

Summar y of Check Register

July 31, 2019 to August 27, 2019

		Fund	Date	CheckNo.'s	Amount	
	
General		
07/31/19	
1506	
$	1,436.05	
			08/06/19	1507	$	975.00	
			08/14/19	1508-1509	$	5,988.24	
			08/21/19	1510-1512	$	12,911.84	
					$	21,311.13	
	Payroll		August2019			
			Scott D Stewart	50254	$	184.70	
			Thomas O Franklin	50255	$	184.70	
					$	369.40	
					$	21,6so.s3 1	

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN 8/28/19
***  CHECK DATES 07/31/2019 - 08/27/2019 ***	WESTSIDE COD - GENERAL FUND
BANK A WESTSIDE COO

PAGE	1

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

STATUS	AMOUNT		••••CHECK••.•• AMOUNT	#

7/31/19 00029

8/06/19 00056

7/17/19 86539	201906 310-51300-31500
MTG/CLAIM/ACQUISITION
7/17/19 86540	201906 310-51300-31500
REIMB FEDEX INVOICE
LATHAM,SHUKER,EDEN & BEAUDINE, LLP
7/31/19 10980	201907 320-53800-46400
STORM WATER POND JUL19
7/31/19 10980	201907 320-53800-46400
GOODMAN POND JUL19
7/31/19 10980	201907 320-53800-46400
SOLARA PND Sl,S2,S3 JUL19

*	1,406.86
*	29.19
-  - -  - -  - - - -  -  -1,-4-36.-05-
*	600.00
*	100.00
*	275.00

001506

8/14/19 00056

8/14/19 00001

AQUATIC WEED MANAGEMENT, INC.
B/05/19 10996	201906 320-53800-46400 GOODMAN POND JUN19
8/05/19 10996	201906 320-53800-46400
SOLARA PND Sl,S2,S3 JUN19
AQUATIC WEED MANAGEMENT, INC.
8/01/19 329	201908 310-51300-34000
MANAGEMENT FEE AUG19
8/01/19 329	201908 310-51300-35100
INFO TECH AUG19
8/01/19 329	201908 310-51300-31300
DISSEMINATION AUG19
8/01/19 329	201908 310-51300-51000

8/01/19	329	201908 310-51300-42000	*	
8/01/19	329	201908 310-51300-42500	*	

OFFICE SUPPLIES
POSTAGE COPIES
8/01/19 329	201908 310-51300-41000
TELEPHONE
8/01/19 330	201908 320-53800-49000

- -

FIELD MANAGEMENT AUG19

- -  - - - - - -  - -	-97-5-.00- 001507

-

*	100.00
*	275.00

-

- - -  -	- - -  - -  - -37-5.-00- 001508
*	3,315.33
*	83.33
*	583.33
*	.06
17.79
53.70
*	12.53
*	1,547.17

8/21/19 00006

-  - - - - - - -  -  - - - - - - -	GO-VERNMENTAL MANAGEMENT SERVICES 8/13/19 6-704-56 201908 310-51300-42000
DELIVERY 8/8/19

- - - - - -  - -	-

35.59

-

*

5,613.24 001509

-

-  - - - - - - - - - - - -  - - - -  -FE-DEX 	35.-59- 001510

8/21/19 00022

8/13/19 5269688 201907 310-51300-31100
PREP/ATTEND MTG/POND/CORD

*	213.75

HANSON, WALTER &  ASSOCIATES, INC.	213.75 001511

WEST WESTSIDE	KCOSTA

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER
***  CHECK DATES 07/31/2019 - 08/27/2019 ***	WESTSIDE COD - GENERAL FUND
BANK A WESTSIDE CDD

RU	8/28/19	PAGE	2

CHECK  VEND# .•.•.INVOICE•.... ...EXPENSED TO...	VENDOR NAME DATE	DATE	INVOICE	YRMO DPT ACCT# SUB SUBCLASS
8/21/19 00039	8/15/19 OS 46323 201908 320-53800-46200
MTHLY LANDSCAPE AUG19

STATUS	AMOUNT	•••.CHECK..•.• AMOUNT	# .
*	12,662.50

YELLOWSTONE LANDSCAPE	12,662.50 001512

TOTAL FOR BANK A TOTAL FOR REGISTER

21,311.13
21,311.13

WEST WESTSIDE	KCOSTA

S ECTION 2

Westside
Community Development District

Unaudited Financial Reporting July 31, 2019

Table of Contents

1	Balance Sheet	

2	

General Fund Income Statement	

3	

Series 2005 Debt Service Fund Income Statement	

4	

Series 2007 Debt Service Fund Income Statement	

5	

Series 2018 Debt Service Fund Income Statement	

6	

Series 2019 Debt Service Fund Income Statement	

7	

Capital Projects Fund Income Statement	

8	

Capital Reserve Fund	

9	

Month to Month	

10-12	

Long Term Debt Summary	

13-14	

Assessment Receipt Schedule	

15	

Series 2018 Construction Schedule	

16	

Series 2019 Construction Schedule	

WESTSIDE CDD
COMMUNITY DEVELOPMENT DISTRICT COMBINED BALANCE SHEET July31,2019

CAPITAL
DEBT SERVICE	PROJECTS	CAPITAL
 	GENERAL	FUND	FUND	RESERVE	TOTALS	

ASSETS
CASH	$	640,029	$	$	26,579	$	5,049	$	671,657 INVESTMENTS
STATE BOARD ADMINISTRATION	516,373	300,382	816,755

DEFERRED COST 2005
INTEREST FUND 2005	12,355		12,355	
RESERVE FUND 2005	101,853		101,853	
REVENUE FUND 2005	871		871	
RESERVE FUND 2005-1	304,436		304,436	
REVENUE FUND 2005-1	385,072		385,072	
COST OF ISSUANCE 2005-1/ 2		6	6	
RESERVE FUND 2005-2	100,342		100,342	
REVENUE FUND 2005-2	92,617		92,617	
DEFERRED COST 2007	3,761		3,761	
RESERVE FUND 2007	37,692		37,692	
REVENUE FUND 2007	777		777	
RESERVE FUND 2007-1	316,660		316,660	
REVENUE FUND 2007-1	560,001		560,001	
COST OF ISSUANCE 200 7-1/ 2		6	6	
RESERVE FUND 2007-2	36,260		36,260	
REVENUE FUND 2007-2	37,739		37,739	
SERIES 2018				
CONSTRUCTION FUND		2,634	2,634	
RESERVE FUND	115,065		115,065	
REVENUE FUND	95,733		95,733	
SERIES 2019				
CONSTRUCTION FUND	456,828	456,828	
COST OF ISSUANCE		
INTEREST FUND	84,779	84,779	
RESERVE FUND	101,595	101,595	
REVENUE FUND	 	135	135	
TOTAL ASSETS	     $     1, 156,402	$	2,387,741	$	486,052	$	305,430	$	4,335,626	

LIABILITIES & FUND BALANCES		
LIABILITIES		
ACCOUNTS PAYABLE	     $	5,164	$		$	$	$	5,164	
TOTAL LIABILITIES	 	5,164		5,164	

FUND BALANCES		
RESTRICTED FOR DEBT SERVICE 2005	$	$	997,546	$	$	$	997,546	
RESTRICTED FOR DEBT SERVICE 2007		$992,889			992,889	
RESTRICTED FOR DEBT SERVICE 2018		$210,798			210,798	
RESTRICTED FOR DEBT SERVICE 2019		$186,509			186,509	
RESTRICTED FOR CAPITAL PROJECTS 2005			$6		6	
RESTRICTED FOR CAPITAL PROJECTS 2007			$26,584		26,584	
RESTRICTED FOR CAPITAL PROJECTS 2018			$2,634		2,634	
RESTRICTED FOR CAPITAL PROJECTS 2019			$456,828		456,828	
UNASSIGNED	1,151,239			$305,430	1,456,669	

SERIES 2005

SERIES 2007

TOTAL FUND BALANCES	1,151,239	2,387,741	486,052	305,430	4,330,463
TOTAL LIABILITIES & FUND BALANCES	 $     1,156,402	$	2, 387,741	$	486,052          $	305,430	$	4,335,626

WESTSIDE COD
COMMUNITY DEVELOPMENT DISTRICT GENERAL FUND
STATEMENT OF REVENUES & EXPENDITURES
For The  Period Ending  July 31, 2019

	Adopted	Prorated Budget	Actual		
	Budget	Thru 07/31/19	Thru 07/31/19	Variance	
REVENUES:					
Maintenance Assessments-On Roll	$300,716	$300,716	$305,928	$5,211	
Maintenance Assessments-Off Roll	$381,014	$381,014	$356,108	($24,906)	
Maintenance Assessments-West Lucaya	$0	$0	$4,013	$4,013	
Interest Income	$5,000	$4,167	$11,141	$6,974	

TOTAL REVENUES	 	$686,730	$685,897	$677,189	$8,708(	) 1

EXPENDITURES;

ADMINISTRATIVE		
Supervisor Fees	$12,000	$10,000	$2,800	$7,200	
FICA Expense	$918	$765	$214	$551	
Engineering Fees	$10,500	$8,750	$1,633	$7,117	
Legal Services	$40,000	$33,333	$14,275	$19,058	
Arbitrage	$1,350	$900	$900	$0	
Management Fees	$39,784	$33,153	$33,153	($0)	
Information Technology	$1,000	$833	$833	$0	
Oissem ination	$9,500	$7,917	$9,792	($1,875)	
Trustee	$6,000	$3,000	$3,717	($717)	
Assessment Roll Services	$5,000	$5,000	$5,000	$0	
Auditing Services	$3,975	$3,975	$3,825	$150	
Telephone	$100	$83	$23	$60	
Postage and Freight	$2,250	$1,875	$1,110	$766	
Insurance· General Liability	$8,600	$8,600	$7,736	$864	
Printing and Binding	$1,500	$1,250	$734	$516	
Legal Advertising	$1,800	$1,500	$1,076	$424	
Miscellaneous Services	$1,250	$1,042	$636	$405	
Office Supplies	$400	$333	$61	$272	
Property Appraiser's Fee	$600	$600	$555	$45	
Property Taxes	$10	$10	$4	$6	
Dues, Licenses, Subscriptions	$175	$175	$175	$0	
Settlement Agreement Payments	$50,000	$50,000	$53,750	($3,750)	

TOTAL ADMINISTRATIVE	
$196,712	
$173,095	
$142,003	
$31,092	

OPERATIONS AND MAINTENANCE					
Landscape Maintenance	$163,170	$135,975	$126,625	$9,350	
Irrigation Repairs	$15,000	$12,500	$2,578	$9,922	
Plant Replacement	$30,000	$25,000	$0	$25,000	
Electric	$1,500	$1,250	$257	$993	
Streetlighting	$73,000	$60,833	$43,899	$16,935	
Irrigation Water	$58,000	$48,333	$29,739	$18,594	
Property Insurance	$1,100	$1,100	$923	$177	
Field Management	$18,566	$15,471	$15,472	($0)	
Lake & Wetland Maintenance	$22,800	$19,000	$9,750	$9,250	
Misc. Contingency	$30,000	$25,000	$5,558	$19,442	
Stormwater/Lake Repair	$15,000	$12,500	$0	$12,500	
Transfer Out	$61,884	$0	$0	$0	
TOTAL OPERATION AND MAINTENANCE	$490,018	$356,962	$234,800	$122,162	
TOTAL EXPENDITURES	$686,730		$376,803		
					
EXCESS OF REVENUES OVER (UNDER) EXPENDITURES	$0		$300,386		
					
FUND BALANCE, BEGINNING	$0		$850,853		
					
FUND BALANCE, ENDING	$0		$1,151,239		

I

2

WESTSIDE CDD
COMMUNITY DEVELOPMENT DISTRICT DEBT SERVICE SERIES 2005
STATEMENT OF REVENUES & EXPENDITURES
For The Period  Ending  July 31, 2019

Adopted	Prorated Budget	Actual
 	Budget	Thru  07/31/19	Thru  07/31/19	Variance	

REVENUE		
Assessments-On Roll	$276,643	$276,643	$281,436	$4,794	
Assessments-Off Roll	$163,560	$163,560	$258,265	$94,705	
Assessments-Accelerated	$774,584	$0	$0	$0	
Land Sale Proceeds	$0	$0	$2,325,382	$2,325,382	
Other Debt Service Funds	$8,559	$7,133	$0	($7,133)	
Interest	$0	$0	$25,886	$25,886	

TOTAL REVENUE	 	$1 ,223,345	$447,335	$2,890,969		s2,443,634 1

EXPENDITURES		
Serles 2005/ 2005-1		
Interest - 10/1	$0	$0	$89,898	($89,898)	
Interest - 11/1	$399,173	$399,173	$423,891	($24,719)	
Interest - 4/1	$0	$0	$44,423	($44,423)	
Special Call - 4/1	$0	$0	$975,000	($975,000)	
Interest - 5/1	$399,173	$399,173	$18,832	$380,341	
Principal - 5/1	$425,000	$425,000	$160,000	$265,000	
series 2oos-2
Interest - 11/ 1	
$0	
$0	
$0	
$0	
Interest - 5/1	$0	$0	$0	$0	
Principal - 5/1	$0	$0	$0	$0	
TOTAL EXPENDITURES	 	$1,223,345	$1,223,345	$1,712,044		($488,699) 1	
OTHER FINANCING SOURCES		
Other Debt Service Cost	$0	$0	($54,975)	($54,975)	
Transfer In (Out)	$0	$0	($73,352)	($73,352)	
TOTAL OTHER FINANONG SOURCES {USES)	 	$0	$0	($128,327)		1s12s,321i 1	
EXCESS OF REVENUES OVER (UNDER) EXPENDITURES	 	$0		$1,050,598		
FUND BALANCE, BEGINNING	 	$0	($53,053)		
FUND BALANCE, ENDING	$0	$997,546	

3

WESTSIDE CDD
COMMUNITY DEVELOPMENT DISTRICT DEBT SERVICE SERIES 2007
STATEMENT OF REVENUES & EXPENDITURES
For The Period  Ending  July 31, 2019

Adopted	Prorated Budget	Actual
 	Bud et	Thru  07/31/19	Thru  07/31/19	Variance	

REVENUE		
Assessments - On Roll	$346,860	$346,860	$349,046	$2,186	
Assessments - Off Roll	$59,897	$59,897	$267,316	$207,420	
Assessments - Accelerated	$1,020,603	$0	$0	$0	
Other Debt Service Funds	$10,200	$0	$0	$0	
Bondholder Contr i butions	$0	$0	$0	$0	
Land Sa le Proceeds	$0	$0	$734,331	$734,331	
Interest	$0	$0	$29,775	$29,775	
TOTAL REVENUE	 	$1,437,560	$406,757	$1,380,469		$973,712 l

EXPENDITURES		
Series 2007/ 2007-1		
Interest - 10/1	$0	$0	$11,080	($11,080)	
Interest - 11/1	$543,780	$543,780	$561,060	($17,280)	
Interest - 4/1	$0	$0	$47,430	{$47,430)	
Principal - 4/1	$0	$0	$1,035,000	($1,035,000)	
Interest - 5/1	$543,780	$543,780	$19,045	$524,735	
Principal - 5/1	$350,000	$350,000	$100,000	$250,000	
Serles 2001-2					
Interest - 11/1	$0	$0	$0	$0	
Interest - 5/1	$0	$0	$0	$0	
Principal - 5/1	$0	$0	$0	$0	
TOTAL EXPENDITURES	 	$1,437,560	$1,437,560	$1,773,615		{$336,055)I	

OTHER FINANCING SOURCES		
Other Debt Service Cost	$0	$0	{$49,975)	($49,975)	
Transfer (Out)/ln	$0	$0	{$73,750)	($73,750)	
TOTAL OTHER FINANONG SOURCES (USES)	 	$0	$0	($123,724)		($123, 724)!	
EXCESS OF REVENUES OVER (UNDER) EXPENDITURES	 	$0		 {$516,871)		
FUND BALANCE, BEGINNING	 	$0		$1,509,759		
FUND BALANCE, ENDING	$0	$992,889	

4

WESTSIDE CDD
COMMUNITY DEVELOPMENT DISTRICT DEBT SERVICE SERIES 2018
STATEMENT OF REVENUES & EXPENDITURES
For The  Period Ending  July 31, 2019

Adopted	Prorated Budget	Actual
 	Budget	Thru  07/31/19	Thru  07/31/19	Variance	

REVENUE		
Assessments-On Roll	$230,130	$230,130	$233,993	$3,863	
Interest	$0	$0	$486	$486	
TOTAL REVENUE	 	$230,130	$230,130	$234,478		$4,348 I

EXPENDITURES		
Interest - 11/ 1	$89,025	$89,025	$89,025	$0	
Interest - 5/1	$89,025	$89,025	$89,025	$0	
Principal - 5/1	$50,000	$50,000	$50,000	$0	
TOTAL EXPENDITURES	 	$228,050	$228,050	$228,050		so I	
EXCESS OF REVENUES OVER (UNDER) EXPENDITURES	 	$2,080	$6,428		
FUND BALANCE, BEGINNING	 	$89,025	$204,370		
FUND BALANCE, ENDING	$91,105	$210,798	

5

WESTSIDE CDD
COMMUNITY DEVELOPMENT DISTRICT DEBT SERVICE SERIES 2019
STATEMENT OF REVENUES & EXPENDITURES
For The Period  Ending  July 31, 2019

Adopted	Prorated Budget	Actual
 	Budget	Thru 07/31/19	Thru 07/31/19	Variance	

REVENUE		
Bond Proceeds	$0	$0	$186,374	$186,374	
Interest	$0	$0	$135	$135	

TOTAL REVENUE	 	$0	$0	$186,509		s1s6,so9 1

EXPENDITURES		
Interest - 11/1	$0	$0	$0	$0	
Interest - 5/1	$0	$0	$0	$0	
Pri ncipal - 5/1	$0	$0	$0	$0	
TOTAL EXPENDITURES	 	$0	$0	$0		so I	
EXCESS OF REVENUES OVER (UNDER) EXPENDITURES	 	$0	$186,509		
FUND BALANCE, BEGINNING	 	$89,025	$0		
FUND BALANCE, ENDING	 	$89,025	$186,509		

6

WESTSIDE CDD
COMMUNITY DEVELOPMENT DISTRICT
CAPIT AL PROJECTS SERIES 2005, 2007, 2018 & 2019
STATEMENT OF REVENUES & EXPENDITURES
For The  Period  End ing  July 31, 2019

Series

Series

Series

Series

 	2005	2007	2018	2019	Total	

REVENUE

Interest	$7	$15	$7	$1,242	$1,270

TOTAL REVENUE	 	$7	$15	$7	$1,242	s1,210 1

EXPENDITURES

Bank Fees	$0	$250	$0	$0	$250	
capital Outlay	$0	$0	$0	$2,347,833	$2,347,833	
capital Outlay- COi	$73,750	$73,750	$0	$240,207	$387,707	

TOTAL EXPENDITURES	
$73,750	
$74,000	
$0	
$2,588,040	s2. 735,190 I	

OTHER FINANCING SOURCES						

Bonds Proceeds	$0	$0	$0	$3,043,626	$3,043,626	
Transfer In (Out)	$73,352	$73,750	$0	$0	$147,102	
TOTAL OTHER FINANCING SOURCES (USES)	$73,352	$73,750	$0	$3,043,626	$3,190,728	
EXCESS OF REVENUES OVER (UNDER) EXPENDITURES	($391)	($235)	$7	$456,828	$456,209	
FUND BALANCE, BEGINNING	$397	$26,820	$2,627	$0	$29,844	

FUND BALANCE, ENDING

 	$6	$26,584	$2,634	$456,828	$486,052 

7

WESTSIDE CDD
COMMUNITY DEVELOPMENT DISTRICT CAPITAL RESERVE FUND
STATEMENT OF REVENUES & EXPENDITURES
For The Period Ending  July 31, 2019

Proposed	Prorated Budget	Actual
 	Budget	Thru 07/31/19	Thru  07/31/19	Variance	

REVENUE		
Transfer In	$61,883	$0	$0	$0	
Interest	$0	$0	$6,337	$6,337	
TOTAL REVENUE	 	$61,883	$0	$6,337		$6,337 I

EXPENDITURES		
Miscellaneous Expense	$0	$0	$0	$0	
Capital Outlay	$0	$0	$0	$0	
TOTAL EXPENDITURES	I	 $0	$0	$0		so I	
EXCESS OF REVENUES OVER (UNDER) EXPENDITURES	 	$61,883	$6,337		
FUND BALANCE, BEGINNING	 	$141,158	$299,094		
FUND BALANCE, ENDING	$203,040	$305,430	

8

WESTSIDE CDD
COMMUNITY DEVELOPMENT DISTRICT
Oct	NOY	Dec	Jan	Feb	Mar	Apr	May	 Jun	Jul	Aug	 Sep<	Total

.!!fill!!l1[

Maintenance Assessments-On Roll	$0	$31,723	$167,157	59,145	$19,205	$10,529	$18,232	$20,322	529,463	$152	so	$0          $305,928
Mainter.ance Assessments- Off RoU	$34,103	$79,482        $119,658	$21,003	$0	$35,609	$4,743	$56,925	$4,585	so	$0	$0	$356,108
Maintenance Assessments• West Lucaya		$0		$0		$0		$0		$0		$157		$1>7	$1,627		$887	$1,183	$0	$0		$4,013 Interest lncame	$1,030	$1,029	$1,140	$1,197	$1,061	$1,175	$1,123	$1,151	$1,109	$1,125	$0	$0	$11,141 Developer Contribution		$0		$0		$0		$0		$0			$0                   $0                   $0                   $0                   $0                   $0                   $0                    $0   Misc Revenue                                                                                    $0                    $0                    $0                    $0                     $0                    $0                     $0                    $0                     $0                     $0                    $0                    $0                  $0
TOTAl. REVENUE	I    $35,133          $112,233          $287,955	$31,345	$20,266	$47,471	$24,255	$80,026	$36,045	$2,460	$0	$0 $677,1891
EXPENDITURES

ADMINISTRATIVE
Supervisor fees	$200	$400	$400		$0	$400	$400	$400	$0	$200	$400	$0	$0	$2,800 flea Expense		$15		$31		$31		$0		$31		$31		$31	so		$15		$31	$0	$0		$214 Engineering Fees		$95		$95		$95	$95	$190	$190                 $119                 $0                 $541                 $214                  $0                  so        $1,633 Legal Fees                                                                                         $948             $1,622               $1,719                  $843              $1,568               $2,502               $2,572               $1,065               $1,436                      $0                  $0                      $0         $14,275
Arbitrage	$0	$0	$0	$0	$0	$900	$0	$0	$0	so	$0	$0	$900
Management Fees	$3,315	$3,315	$3,315	$3,315	$3,315	$3,31$	$3,315	$3,315	$3,315	$3,315	$0	$0	$33,153 Information Technology		$83			$83			$83			$83			$83			$83			$83		$83		$83		$83	$0	so $833 Dissemination	$6,292		$292		$292		$292		$292		$292		$292                $583                $583                $583                    $0                    so       $9,792
Trustee	$0	$0	$0	$0	$0	$3,717	$0	$0	$0	so	$0	$0	$3,717
Assessment Roll Services	$5,000	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$5,000
Auditlng Services	so	$0	$0	$0	$0	$0	$0	$0	$3,825	$0	$0	$0	$3,825
Telephone	$0	$8	$0	$0	$0	$0	$15	$0	$0	$0	$0	$0	$23
Postage and Freight		$334	$U1		$2	$113		$99		$5	$147	$195	$83	$3	$0	$0	$1,110 Insurance· General Liability	$7,736			$0		$0		$0			$0		$0		$0		$0		so	$0	$0	$0	$7,736 Printing and  Binding			$13		$29	$59	$156	$182	$40                  $22                 $U9                  $44                  $60                  so            $0                  $734 Legal  Advertisin11,                                                                                       $643                      $0                 $211                     $0                      $0                     so           $223                      $0                      $0                      $0                     $0                     $0           $1,076
Miscellaneous Services	$56	$45	$43		$44	$202	$43	$48	$45	$63	$49	$0	$0	$636 Office Supplies		$8		$8	SlO		$10		$0	$10		so		$4	SlO		$0	$0	$0		$61 Pr nv Appraiser's  Fee		$0		so		$0	$555		$0		$0                 $0                 $0                 $0                 $0                 so            so         $S55 Property TUM                                                                                 $0                    $4                   so            $0                   so            $0                  $0                    so            $0                    $0                    $0                    $0                  $4 Dues, Licenses, Subscriptions                                                              $175                    $0                     $0                     $0                    $0                  $0                     $0                    so            $0                    $0                     $0                    $0             $175
Settlement Agreement  Payments		$0	$53,750		$0		$0		$0		$0		$0		$0		$0		$0	$0	$0	$53,750 TOTAl ADMNISTRATIVE	I   $24,9U	$59,808	S6,261	$5,506	$6,363	$11,528	$7,267	$5,420	$10,199	$4,739	$0	$0 Sl42,003 I
OPERATIONS AND MAINTENANCE
Landscape  Maintenance	$12,663	$12,663	$12,663	$12,663	$12,663	$12,663	$12,663	$12,663	$12,663	$12,663	$0	$0 $126,625 Irrigation Repairs		$0		$0		so		$0		$1,034		$761		$0		$0		$783		so	$0	$0	$2,578 Plant Replacement		$0		$0		$0		$0			$0			$0		$0                      $0                      $0                      $0                    $0                      $0                   $0
Electric	$41	$26	S20	S27	$18	$29	$26	$24	$20	$25	so	so        $257
Streelltghting	$4,383	S4,383	$4,383	$4,404	$4,392	$4,392	$4,390	$4,390	$4,390	$4,390	so	$0 $43,899 Irrigation Water	$2,413	$1,144	$3,132	$2,953		$38		$90	$7,788	$6,375	$2,556	$3,248	$0	so $29,739 Property Insurance		$923		$0		$0		$0			so			$0		so		$0                      $0                      $0                      $0                      $0                $923
Field Management	$1,547	$1,547	$1,547	$1,547	$1,547	$1,547	$1,547	$1,547	$1,547	$1,547	$0	$0	$15,472
Lake & Wetland Maintenance	$975	$975	$975	$975	$975	$975	$975	$975	$975	S975	$0	$0	$9,750
Misc. Contingency	$0	$3,600	$11	$14	Sl,930	$3	$0	$0	$0	$0	$0	$0	$5,SSS St.ormwater/Lake Repair	$0		$0		$0		$0		so	$0	$0	$0	so	$0	$0	$0		$0 Transfer Out	$0		$0		so		$0		$0	$0                     $0                     $0                    so            $0                    $0                    $0                  $0
TOTAL OPERATIONS AND MAINTENANCE	I    $22,945	$24,338		$22,732	$22,583	$22,596	S>0,450		$:H,389	$25,974	$22,934		$22,848		so     so     s234,aoo I TOTAl EXPENDITURES	I    $47,857	$84,146		$28,992	$28,089	S28,960	$31,988		$34,656	$31,394	S33,133		$27,587		$0	$0 $376,8031 EXCESS OF REVENUES OVER (UN[)ERI EXPENDITURES'     1$12,7241	$28,087	$258,963		$3,256	1$8,6931          515 ,l&l	1$10,4011	$48,632		$2,9U	1$2S,127)	$0 so $300,386 l

9

WESTSIDE
Community Development District
LONG TERM DEBT REPORT

SERIES 2005, SPECIAL ASSESSMENT REVENUE BONDS	
INTEREST RATE:	S. 65%	
MATURITY DATE:	5/1/2037	
RESERVE FUND DEFINITION	MAXIMUM ANNUAL DEBT SERVICE	
RESERVE FUND REQUIREMENT	$805,094	
RESERVE FUND BALANCE	$101,683	

BONDS OUTSTANDING-9/30/13	
$17,050,000	
LESS: PRINCIPAL PAYMENT S/1/14	$0	
LESS: PRINCIPAL PAYMENT 5/1/15	$0	
LESS: PRINCIPAL PAYMENT 4/1/16	($255,000)	
LESS: PRINCIPAL PAYMENT 9/21/18 (PREPAYMENT)	($1,790,000)	
LESS: PRINCIPAL PAYMENT 4/4/19	($1,850,000)	
LESS: PRINCIPAL REDUCTION BIFURCATION 4/18/19	($3,425,000)	
LESS: SERIES 2005-1	($6,945,000)	
LESS: SERIES 2005-2	($2,285,000)	
CURRENT BONDS OUTSTANDING	$500,000	

SERIES 2005-1, SPECIAL ASSESSMENT REVENUE BONDS	
INTEREST RATE:	5. 65%	
MATURITY DATE:	5/1/1937	
RESERVE FUND DEFINITION	50% MAXIMUM ANNUAL DEBT SERVICE	
RESERVE FUND REQUIREMENT	$304,436	
RESERVE FUND BALANCE	$304,436	

BONDS OUTSTANDING-4/18/19	
$6,945,000	
LESS: PRINCIPAL PAYMENT 5/1/19	($120,000)	
CURRENT BONDS OUTSTANDING	$6,825,000	

SERIES 2005-2, SPECIAL ASSESSMENT REVENUE BONDS	
INTEREST RATE:	5. 65%	
MATURITY DATE:	5/1/2037	
RESERVE FUND DEFINITION	50% MAXIMUM ANNUAL DEBT SERVICE	
RESERVE FUND REQUIREMENT	$100,342	
RESERVE FUND BALANCE	$100,342	

BONDS OUTSTANDING-4/18/19	
$2,285,000	
LESS: PRINCIPAL PAYMENT 5/1/19	($40,000)	
CURRENT BONDS OUTSTANDING	$2,245,000	

10

WESTSIDE
Community Development District
LONG TERM DEBT REPORT

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	$700,100	
RESERVE FUND BALANCE	$718,625	

BONDS OUTSTANDING- 9/30/13	
$17,340,000	
LESS: PRINCIPAL PAYMENT S/1/14	$0	
LESS: PRINCIPAL PAYMENT 11/1/14 (PREPAYMENT)	($550,000)	
LESS: PRINCIPALPAYMENTS/1/15	$0	
LESS: PRINCIPAL PAYMENT 4/1/16	($615,000)	
LESS: PRINCIPAL PAYMENT 11/1/16 (PREPAYMENT)	($40,000)	
LESS: PRINCIPAL PAYMENT 9/21/18 (PREPAYMENT)	($550,000)	
LESS: PRI NCIPAL PAYMENT 4/4/19	($1,550,000)	
LESS: PRINCIPAL REDUCTION BIFURCATION 4/18/19	($6,210,000)	
LESS: SERIES 2005-1	($6,610,000)	
LESS: SERIES 2005-2	($715,000)	
CURRENT BONDS OUTSTANDING	$500,000	

SERIES 2007-1, SPECIALASSESSMENT REVENUE BONDS	
INTEREST RATE:	7.20%	
MATURITY DATE:	5/1/2038	
RESERVE FUND DEFINITION	50% MAXIMUM ANNUAL DEBT SERVICE	
RESERVE FUND REQUIREMENT	$316,660	
RESERVE FUND BALANCE	$316,660	

BONDS OUTSTANDING-4/18/19	
$6,610,000	
LESS: PRINCIPAL PAYMENT 5/1/19	($90,000)	
CURRENT BONDS OUTSTANDING	$6,520,000	

11

WESTSIDE
Community Development District

SERIES 2018, SPECIAL ASSESSMENT REVENUE BONDS

LONG TERM DEBT REPORT

SERIES 2007-2, SPECIAL ASSESSMENT REVENUE BONDS	
INTEREST RATE:	7.20%	
MATURITY DATE:	5/1/2038	
RESERVE FUND DEFINITION	50% MAXIMUM ANNUAL DEBT SERVICE	
RESERVE FUND REQUIREMENT	$36,260	
RESERVE FUND BALANCE	$36,260	

BONDS OUTSTANDING- 4/18/19	
$715,000	
LESS: PRINCIPAL PAYMENT S/1/19	($10,000)	
CURRENT BONDS OUTSTANDING	$705,000	

INTEREST RATE:	5%- 5.2%	
MATURITY DATE:	11/1/2048	
RESERVE FUND DEFINITION	MAXIMUM ANNUAL DEBT SERVICE	
RESERVE FUND REQUIREMENT	$115,065	
RESERVE FUND BALANCE	$115,065	

BONDS OUTSTANDING- 2/27/18	
$3,490,000	
LESS: PRINCIPAL PAYMENT 5/1/19	($50,000)	
CURRENT BONDS OUTSTANDING	$3,490,000	

$3,230,000

CURRENT BONDS OUTSTANDING

$3,230,000

BONDS OUTSTANDING-4/4/19

3. 625%- 4.8S%
5/1/2049
50% MAXIMUM ANNUAL DEBT SERVICE
$101,595
$101,595

INTEREST RATE: MATURITY DATE:
RESERVE FUND DEFINITION
RESERVE FUND REQUIREMENT RESERVE FUND BALANCE

SERIES 2019, SPECIAL ASSESSMENT REVENUE BONDS

12

WESTSIDE
COMMUNITY DEVELOPMENT DISTRICT SPEOAL ASSESSMENT RECEIPTS· FY2019 TAX COLLECTOR
Grass Assessments  $    1,223,741  $	319,753   $	294,300    $	365,000   $	244,688
Net Assessments    $    1,150,316    $	300,567   $	276,642   $	343,100   $	230,007

Date		
Gross Assessments	
Discounts/	
Commissions	
Interest	
Net Amount	
General Fund	2005
Debt Svc Fund	2007
Debt Svc Fund	2018
Debt Svc Fund	
Total	
Received	Dist.	Received	Penalties	Paid	Income	Received	26.13"	24.05%	29.83"	20.00%	100"	

11/9/18	ACH	$	6,983.11    $	348.78    $	139.65    $	$	6,494.68   $	1,697.00    $	1,561.92     $	1,937.14    $	1,298.62    $	6,494.68
11/26/18	ACH	$	122,142.92    $	4,787.76    $	2,442.91   $	$    114,912.25    $     30,025.55    $      27,635.50    $     34,274.40    $     22,976.81    $  114,912.25
12/10/18	ACH	$	640,469.26    $	25,616.23   $	12,297.06   $	$    602,555.97    $    157,442.52    $    144,909.99    $   179,721.87    $   120,481.60    $  602,555.97
12/12/18	ACH	$	303.71    $	4.55    $	5.99    $	$	293.17    $	76.60    $	70.51    $	87.44   $	58.62    $	293.17
12/21/18	ACH	$	38,956.80    $	1,318.00    $	752.78   $	$     36,886.02    $	9,637.99    $	8,870.80    $     11,001.84    $	7,375.39    $    36,886.02
1/11/19	ACH	$	$	$	$	188.31    $	188.31    $	49.20    $	45.29    $	56.17    $	37.65    $	188.31
1/11/19	ACH	$	2,177.48    $	60.02   $	42.34   $	$	2,075.12   $	542.21    $	499 .05    $	618.94   $	414.92    $	2,075.12
1/11/19	ACH	$	34,437.05    $	1,033.09    $	668.08   $	$     32,735.88   $	8,553.59    $	7,872 .72   $	9,763.99    $	6,545.57    $     32,735.88
2/13/19	ACH	$	433.27    $	12.74    $	8.67    $	$	411.86    $	107.62    $	99.05    $	122.84    $	82.35    $	411.86
2/13/19	ACH	$	76,209.20    $	1,595.95    $	1,524.18    $	$      73,089.07     $      19,097.52     $      17,577.35    $      21,799.97     $      14,614.22     $  73,089.07
3/11/19	ACH	$	41,568.90   $	449.78   $	822.38    $	$     40,296.74    $     10,529.18   $	9,691.05    $     12,019.14    $	8,057.37    $    40,296.74
4/9/19	ACH	$	68,933.75    $	48.27    $	1,378.68    $	$     67,506.80    $     17,638.93    $     16,234.86    $     20,134.97    $     13,498.04    $      67,506.80
4/9/19	ACH	$	2,230.80    $	$	44.63    $	$	2,186.17    $	571.23    $	525.76    $	652.06    $	437.13    $	2,186.17

s	s

4/12/19	ACH	$	$	$	$	84.18   $	84.18   $	22.00    $	20.24    $	25.11    $	16.83    $	84.18
5/15/19	ACH	$	78,308.26    $	$	1,566.17    $	76,742.09    $      20,052.03	18,455.87    s   22,889.54     $      15,344.65     $      76,742.09
5/15/19	ACH	$	1,054.97    s	$	21.09   s	$	1,033.88    $	270.14    $	248.64   $	308.37    s	206.73    $	1,033.88
6/14/19	ACH	$	14,616.67    $	$	292.33   $	$     14,324.34    $	3,742.82   $	3,444.89    $	4,272.46    $	2,864.16    $     14,324.34
6/14/19	ACH	$	312.96    $	$	6.26    $	$	306.70    $	80.14    $	73.76    $	91.48    $	61.32    $	306.70
6/18/19	ACH	$	100,129.65    $	$	2,002.60   $	$     98,127.05    $      25,639.73    $      23,598.79    $     29,267.95    $     19,620.59    $     98,127.05
7/15/19	ACH	$	$	$	$	151.63    $	151.63    $	151.63    $	$	$	$	151.63

305,927.62	$	281,436.02	$	349 045.69	$	233,992.58	

$ 34,906.52	
$	
110,920.00	
$	
39,265.68			

Totals	$     1,219,268.76    $	35,275.17    $	24,015.80   $	424.12 $ 1,170,401.91

DIRECT ASSESSMENTS

BOANERGE LLC	$	185,092.20

DATE
RECEIVED	DATE
DUE	Oieck
Num	NET AMOUNT
ASSESSED	NET AMOUNT
RECEIVED	GENERAL FUND SERIES 2005 • 2 SERIES 2007. 2	
5/24/19	11/1/18	Wire	$	92,546.10	$ 92,546.10	$ 17,<153.26	$ 55,460.00	$ 19,612.84	
5/24/19	2/1/19	Wire	$	46,273.05	$ 46,273.05	$	8,726.63	$ 27,730.00	$	9,816.42	
5/24/19	5/1/19	Wire	$	46,273.05	$ 46,273.05	$	8,7·26.63	$ 27;730.00	$	9,816.42	
5/24/19	5l3ll19	Wire	$	7,866.42	$	7,866.42	$	7,866.42	$	$	
			$	192,958.62	$ 192,958.62	$ 42,772.94	$ 110,920.00	$ 39,265.68	

BR GRAND AT WESTSIDE DST	$	48,514.15	$      48,514.15    $	$

DATE
RECEIVED	DATE
DU£	Oieck
Num	NET AMOUNT
ASSESSED	NET AMOUNT
RECEIVED	GENERAL FUND	SERIES 2005	SERIES 2007	
10/29/18	11/1/18	947	$	24,257.08	$ 24,257.08	$ 24,257.08	$	$	
3/11/19	2/1/19	1218	$	12,128.54	$ 12,128.53	$ 12,128.53	$	$	
	5/1/19		$	12,128.54	$	$	s	$	
			$	48,514.16	$ 36,385.61	$ 36,385.61	$	$	

DR HORTON	$	84,012.31	$     84,012.31   $	$

DAT£	DATE	O,eck	NET AMOUNT	NET AMOUNT  GENERAL FUND SERIES 2005	SERIES 2007 RECEIVED		DUE	Num		ASSESSED		RECEIVED
11/1/18	11/1/18	827916	$	42,006.16    $     42,006.16    $    42,006.16   $	$
1/28/19	2/1/19	868895	$	21,003.08    $     21,003.08    $    21,003.08    $	$
5/!{19	s	21,003.08   $	$	$	$

$	84,012.32    $    63,009.24    $    63,009.24   $	$

DATE	DATE	O,eck	NET AMOUNT	NET AMOUNT	GENERAL FUND SERIES 2005 • 1 SERIES 2007 • 1	
RECEIVED	DUE	Num	ASSESSED	RECEIVED		

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

26,3iD.OO	$ 10,315.56	
13,160.00	$	5,157.78	
1•3 160 . 0tl	$	5 ,.157,78	
52,640.00	$ 20,631.12	

11/8/18	11/1/18	1091	s	45,805.92    $     45,805.92    $	9,170.36   $

6/7/19	5/1/19	1153	$	22,902.96	$ 22,902.96	$	4,585.	
Total			$	91,611.84	$ 91,611.84	$ 18,340.	

3/15/19	2/1/19	1118	$	22,902.96    $    22,902.96   s	4,58S.18   $

$ 1,170,401.91

18   $

72   $

LAND ACQUISITION ONE LLC	$	43,4BS.2S	$     43,485.25   $	$

DATE
RECEIVED	DATE
DUE	Check
Num	NET AMOUNT
ASSESSED	NET AMOUNT
RECEIVED	GENERAL FUND	SERIES 2005	SERIES 2007	
11/8/18	11/1/18	8892	$	21,742.62	$ 21,742.62	$ 21,742.6'2	$	$	
3/6/19	2/1/19	10633	$	10,871.31	$ 10,871.31	$ 10,871.31	$	$	
5/20/19	5/ll19	12834	$	10,871.31	$ 10,871.31	$ 10,871.31	$	$	
Total			$	43,4BS.24	$ 43,48S.24	$ 43,485.24	$	$	

13

WESTSIDE
COMMUNITY  DEVELOPMENT DISTRICT

SPECIAL ASSESSMENT RECEIPTS· FY2019

WESTSIDE CDD HOLDINGS, INC.	$	119,6S8.38	$    119,658.38	$

DATE	DATE	Check	NET AMOUNT	NET AMOUNT   GENERAL FUND    SERIES 2005	SERIES 2007
RECEIVED	DUE	Num	ASSESSED	RECEIVED
12/11/18	11/1/18	9918205434	$	59,829.19     s   59 ,8 29.10     $    59,829.10    s	s
12/11/18	2/1/19	9918205434	s	29,914.60    s   29,914.60     $     29,914.60    $	$
12/11/18	5/1/19	9918205434	$	29,914.60    $      29 914.30     $     29 9.14,30      $	s
Total	$	119,658.39    $    119,658.00     $  119,658.00    $	$

MATTAMY ORLANDO LLC	$	18,971.47	$     18,971.47    $	$

DATE	DATE	Oieck	NET AMOUNT	NET AMOUNT   GENERAL FUND   SERIES ZOOS	SERIES 2007 RECEIVED	DUE	Num		ASSESSED		RECEIVED

s

10/19/18	11/1/18	8481	$	9,485.73   $	9,845.73   $	9,845.73    $	$
3/6/19	2/1/19	10633	4,742.87    $	4,74 2.87   $	4,742.87    $	$
4/25/19	S/1/19	12187	$	4,74 2.87   $	4,742.87    s	4 74,2  87    $	$
Total	$	18 971,47    $      19,331.47     $    19,331.47    $	$

LAND ACQUISmON ONE LLC	$	13,124.79	$      13,124.79	$

s

DATE	DATE	Check	NET AMOUNT	NET AMOUNT    GENERAL FUND    SERIES 2005	SERIES 2007 RECEMD	DUE		Num		ASSESSED		RECEIVED

11/8/18	11/1/18	8892	6,552.39	5,552.39    $	5,562.39    $	s
3/5/19	2/1/19·	10533	3,281.20   s	3,281.20   $	3,281.20   s	s
5/20/19	5ll{l9	12834	3,281.20   s	3,281.20    $	3,281,20    s	$
Total	13 124,79    $     13,124.79    $    13,124.79   $	$

PULTE HOME CORP			$		126,483,58		$       94,705.00	n,n8.S8 DATE	DATE	Check		NET AMOUNT	NET AMOUNT GENERAL FUND SERIES 2005-1 SERIES 2007-1

s	s	s

RECEIVED	DUE	Num	ASSESSED	RECEIVED

5/3/19	5/1/19	s12n166	1 26,483.58     s 1 26,483.58	94,705 . 00 $ 31 77;8.58
Total	s	126,483.58	$ 126,483.58	$	$ 94 705.00	$ 31,n 8.58	
MATTAMY ORLANDO, LLC	$	175,641,00		$	$ 175,641.00	

s	s

DATE	DATE	Oieck	NET AMOUNT	NET AMOUNT GENERAL FUND SERIES 2005 SERIES 2007·1 RECEMD	DUE	Num		ASSESSED		RECEIVED

5/5/19	Sl 1l 19	12558	175,641.00    s  175 ,641 . 00    s	s 175,641 ,00
Total	$	175,641.00    $   175,641.00    $	$	$   17S,641 .00

(225,186 .97) $ 19,545,32 $ (4,794.02) $ (5,945.69) $ (3,985.86)

$

VARIANCE

$	2,052,091.30 $ 662,035.63 $ 539,701.02 $ 616,362.07 $ 233,992.58

TOTAL ASSESSMENTS COLLECTED

881,689.39 $ 356,108.01 $ 258,265.00 $ 267,316.38 $

$

DIRECT SILL ASSESSMENTS COLLECTED

$ 175,641.00 $

$

s

31,778.58 $

s

$

s

s
$
$

94,705 .00

s

$

19,331 .47

13,1 24.79 s 13,1 24.79 s

126,483.58    $
175,641.00    $

s

s

$

.
.

s
$

19,331.47 s

119,6S8.00 s 119,658.00 $

$
$

43,485.24 $

s
$
52,640.00 $ 20,631.12 $

91,611.84 $ 18,340.72 $

43,485.24 s

$

s

s

63,009.24 $

s

63,009.24 $

39,265.68 s

42,772.94 s 110,920.00 s

36,385.61 $ 36,385.61 s

192,958.62 $

$
$
$

BOANERGE LLC
BR GRANO AT WESTSIDE DST DR HORTON
GOLDEN CAY llC
LAND ACQUISITION ONE LLC WESTSIDE CDD HOLDINGS, INC. MATTAMY ORLANDO LLC
LAND ACQUISITION ONE LLC PULTE HOME CORP MATTAMV ORLANDO LLC

1,170,401.91 $ 305,927.62 $ 281,436.02 $ 349,045.69 $ 233,992.58

$

TAX ROLL ASSESSMENTS COLLECTED

$	920,309.36 $ 300,567.36 $ 276,642.00 $ 343,100.00 s 230,006.72
$	906,594.97 $ 381,013.59 $ 258,265.00 $ 267,316.38 $
$ 1,826,904.33 $ 681,580.95 $ 534,907.00 $ 610,416.38 $ 230,006.72

TAX ROLL ASSESSED AMOUNT DIRECT BILLED AMOUNT TOTAL

SERIES 2007	SERIES 2018

GENERAL FUND SERIES ZOOS

TOTAL

SUMMARY

14

WESTSIDE
COMMUNITY  DEVELOPMENT DISTRICT

Special Assessment Revenue Bonds, Series 2018

Date	Re qulsltfo n #	Contractor	Description	Requisition	
Fiscal Year 2018
2/27/ 18		
Matta my Orlando LLC	
Reimburse Developer for constr uction related costs	
2,973,656.67	

TOTAL

$ 2,973,656.67

Fiscal Year 2018		
6/4/18	Transfer from COi		$	2,625.42	
7/1/18	Interest		$	0.49	
8/1/18	Interest		$	0.67	
9/1/18	Interest		$	0.67	
	TOTAL		2,627.25	

Project (Construction! Fund at 2/27/18	

$ 2,973,656.67	
		Interest Earned thru 09/30/18	$	2,627.25	
		Requisitions Paid thru 09/30/18	$ (2,973,656.67)	
		Remaining Project (Construction) Fund	   $	2,627.25 	

Date	Re quisition #	Contractor	Description	Re 9ulsition
Fiscal Year 2019

 	TOTAL	

Fiscal Year 2019		
10/ 1/18	Interest			$	0.65	
11/1/18	Interest			$	0.67	
12/1/18	Interest			$	0.65	
1/1/19	Interest			$	0.67	
2/1/19	Interest			$	0.67	
3/1/19	Interest			$	0.61	
4/1/19	Interest			$	0.67	
5/1/19	Interest			$	0.65	
6/1/19	Interest			$	0.67	
7/1/19	Interest			$	0 .65	
		TOTAL		$	6.56	
			
Project (Construction) Fund at 9/30/18	
$	2,627.25	
			Interest Earned thru 07/31/19
Requisitions Paid thru 07/31/19	$	6.56
$	
			Remaining Project (Construction) Fund	$ 	2,633.81	

15

WESTSIDE
COMMUNITY DEVELOPMENT DISTRICT

Special Assessment Revenue Bonds, Series 2019

Date Fiscal Year 2019
5/21/19

Requisition #	contractor	Description	Requlsldon

Mattamy Orlando, LLC	Sciara Phase 2 • Reimburse Developer for construction related costs	$ 2,347,833.16

TOTAL	$ 2,347,833.16

Fiscal Year 2019		
5/1/19	Interest	$	620.79	
6/1/19	Interest	$	500.65	
7/1/19	Interest	$	111.12	
7/11/19	Transfer from cost of lssua nee	$	6,020.75	
	 	TOTAL		$	7,25331	
	Project (Construction) Fund at 4/4/19	$ 2,797,407.92	
	Interest Earned thru 07/31/19	$	7,253.31	
	Requisitions Paid thru 07/31/19	$ (2,347,833.16)	
	Remaining Project (Construction) Fund	   $	456,828.07 	

16

S ECTION 3

Westside COD
FY 2019

District Westside

Landownder
Westside COD Holdings

Total O & M	Total Debt
$119,658

Total Due
$0	$119,658

O&M

Debt

Total

Paid

Total

$119,658.38

$0.00

$119 ,658.38

DR Horton

$84,012

$0

$84,012

O&M

Debt

Total

Paid

Total

$84,012.31

$0.00

$84,012.31

Golden Cay LLC
07-25-27-5461-0001 -00D0

$18 , 341

$73 ,271

$91 , 612

O&M

Debt

Total

2005	$52,640
2007	$20,631

Nov Feb May Total

$9,170.36
$4,585.18
$4,585.18
$18,340.72

$36,635.56
$18,317.78
$18,317.78
$73,271.12

Paid
$45,805.92  Paid 11/8/18
$22,902.96  Paid 3/11/19
$22,902.96 Paid 6/3/19
$91,611 .84

BR Grand at Westside

$48,514

$0

$48,514

O&M

Debt

Total

Paid

Total

$48,514.15

$0.00

$48 ,514.15

O&M

Debt

Total

Land One Acquisition
182527316000080110

$43 ,485

$0

$43,485

2005
2007

$0
$0

Nov Feb May Total

$21, 742.63
$10,871.31
$10,871.31
$43,485.25

Paid
$21,742.63 Paid 11/8/18
$10,871.31 Paid 2/4 / 19
$10,871.31 Paid 5/20 / 19
$43,485.25

Matta my

$18,971

$0

$18,971

O&M

Debt

Total

Paid

Total

$18,971.47

$18 ,971.47

Land One Acquisition

$13,125

$0

$13,125

O&M

Debt

Total

Paid

Total

$13,124.79

$13,124.79

O&M

Debt

Total

Paid

Boanerge
07·25·27·5461-0001·0015

Direct Bill Status

18-2 5-27-3160-000 A- 0080			Nov	$59,829.19	$0.00	$59,829.19 Paid@ Closing• 12/11/18	
(Former Fairwinds}	2005	$0	Feb	$29,914 .60	$0.00	$29,914.60 Paid@ Clo, in g-12/ 11/18	
	2007	$0	May	$29,914.60	$0.00	$29,914.60 Paid @ dosing-12/11/18	

18 - 25-27-3160-000B-0040			Nov	$42 ,006.16	$0.00	$42,006.16 Paid 11 / 1/19	
	2005	$415,856	Feb	$21,003.08	$0.00	$21,003.08 Paid 1/ 29/19	
	2007	$135,432	May	$21,003.08	$0.00	$21,003.08 Paid 8/15/19	

06-25-27-5474-0001 -0030			Nov	$24,257.08	$0.00	$24,257.08 Paid 10/29/18	
	2005	$0	Feb	$12,128.54	$0.00	$12,128.54 Paid 3/ 12/19	
	2007	$0	May	$12,128.54	$0.00	$12,128.54	

18-25·27-4941- 0001- FDl 0			Nov	$9,485.74	$9,485.74 Paid 10/17/18	
	2005	$0.00	Feb	$4,742.87	$4,742.87 Paid 2/4/19	
	2007	$0.00	May	$4,742.87	$4,742.87 Paid 4/18/19	

19· 25-27-3160 -000B-0030			Nov	$6,562.40	$6,562.40 Paid 11/8/18	
	2005	$0.00	Feb	$3,281.20	$3,281. 20 Paid 2/4/19	
	2007	$0.00	May	$3,281.20	$3, 281. 20 Paid 5/ 20/19	

Nov	$17,453.26	$75,092.84	$92,546.10 Paid 5/ 24/19	
O&M	$34,907	Feb	$8,726.63	$37,546.42	$46,273.05 Paid 5/24/19	
2005 Debt	$110,920	May	$8,726.63	$37,546.42	$46,273.05 Paid 5/24/19	
2007 Debt	$39,266				$185,092.20