Westside Community Development District

Agenda

April 1, 2025

Agenda

Westside
Community Development District

219 E. Livingston Street, Orlando, FL 32801 Phone: 407-841-5524 – Fax: 407-839-1526
March 25, 2025

Board of Supervisors Westside Community Development District

Dear Board Members:

The Board of Supervisors of Westside Community Development District will meet Tuesday, April 1, 2025 at 11:00 AM at Hart Memorial Central Library, 211 E Dakin Ave, Kissimmee, FL 34741. Following is the advance agenda for the meeting:

Roll Call
Public Comment Period
Approval of Minutes of the January 7, 2025 Meeting
Organizational Matters
Appointment of Individual(s) to Fulfill Seats #2, #3, #4 & #5
Consideration of Resume(s)/Letter(s) of Interest
Administration of Oaths of Office to Newly Appointed Supervisor(s)
Election of Officers
Consideration of Resolution 2025-01 Electing Officers
Consideration of Resolution 2025-02 for Series 2018 Bond Completion
Consideration of Resolution 2025-03 for Series 2019 Bond Completion
Consideration of Resolution 2025-04 Approving Proposed Fiscal Year 2026 Budget and Setting a Public Hearing
Consideration of Agreement with Dewberry for Professional Engineering Services
Consideration of Work Authorization 2025-01
Presentation of Arbitrage Reports
Discussion of Pond Drainage Issues
Consideration of Settlement Offer from Mattamy
Consideration of Proposed Repair Plan from HWA
Consideration of Termination of Tolling Agreement and Pursuing Litigation Related to Pond 4
Staff Reports
Attorney
Engineer
District Manager’s Report
Approval of Check Register
Balance Sheet and Income Statement
Supervisor’s Requests
Other Business
Adjournment

The balance of the agenda will be discussed at the meeting. In the meantime, if you have any questions, please contact me.

Sincerely,
The balance of the agenda will be discussed at the meeting. In the meantime, if you have any questions, please contact me.

Sincerely,

Jason M. Showe District Manager

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

Minutes

MINUTES OF MEETING WESTSIDE
COMMUNITY DEVELOPMENT DISTRICT

The regular meeting of the Board of Supervisors of the Westside Community Development District was held Tuesday, January 7, 2025 at 11:00 a.m. at the Hart Memorial Central Library, 211 E. Dakin Avenue, Kissimmee, Florida

Present and constituting a quorum were:
Tom Franklin	Chairman
Scott Stewart	Vice Chairman
Robert Bagwell	Assistant Secretary Also present were:

Jason Showe Kristen Trucco Mark Vincutonis Thomas Santos

District Manager Latham Luna District Engineer Field Manager

FIRST ORDER OF BUSINESS	Roll Call
Mr. Showe called the meeting to order and called the roll.

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

THIRD ORDER OF BUSINESS	Approval of the Minutes of the November 5,
2024 Meeting

On MOTION by Mr. Franklin seconded by Mr. Bagwell with all in favor the minutes of the November 5, 2024 meeting were approved as presented.

FOURTH ORDER OF BUSINESS	Organizational Matters
Review of Resume(s)/Letter(s) of Interest
Appointment of Individual(s) to Fill Seats 2, 3, 4 and 5
Consideration of Resolution 2025-01 Electing Officers
Mr. Showe stated we have received no resumes or letters of interest.

FIFTH ORDER OF BUSINESS	Ranking and Review of Proposals for District
Engineering Services and Selection of District Engineer
Mr. Showe stated we put out an RFQ for engineering services and received one response from Dewberry.

On MOTION by Mr. Franklin seconded by Mr. Bagwell with all in favor Dewberry was ranked the number one vendor and staff was authorized to enter into an agreement for engineering services to be brought back to the next meeting for consideration.

SIXTH ORDER OF BUSINESS	Consideration of Agreement with Osceola
County Property Appraiser for Data Sharing and Usage
Mr. Showe stated we are required to enter into this agreement annually with Osceola County.

On MOTION by Mr. Stewart seconded by Mr. Bagwell with all in favor the agreement with Osceola County Property Appraiser for data sharing and usage was approved.

SEVENTH ORDER OF BUSINESS	Staff Reports
Attorney
Ms. Trucco stated we are working on ironing out issues regarding pond maintenance with the HOA’s counsel. We have asked for an acknowledgement and consent or similar document to acknowledge there has to be public access to the pond. We want to make sure we have something with the HOA in writing.
Mr. Showe stated that is for the Paradise Palms community. There are two ponds in there that the CDD does not maintain because they were not accessible through public means and the

HOA was maintaining them. By plat it is a CDD pond and they have asked us to start maintaining them. It is a minimal cost and we will be able to absorb it in the budget.
Ms. Trucco stated as to the litigation matter regarding the pond, we have no updates. As far as the towing rule that was postponed until the HOA agrees to enter into an enforcement agreement.
Mr. Showe stated the HOA came to us and asked that they be allowed to do parking enforcement. We started the rulemaking process with this board as well as presenting them with an agreement and to date they have declined to sign the agreement. We didn’t want to proceed with a rulemaking hearing and incur those costs if they are not willing to enforce it.
Mr. Franklin stated the HOA can ask the county to enforce the state law.
Ms. Trucco stated they already have permission for traffic enforcement jurisdiction. It is up to the board but usually we would go to the county and explore options. We are hesitant because the statute talks about the ability to potentially charge a fee for that. I try to be careful about representations to the county because our position is that traffic enforcement should be provided.
Mr. Showe stated I can reach out to the county to see what the next steps would be for them to enforce it. Parking enforcement in front of a home they don’t want to do.

Engineer
Mr. Vincutonis sated I have been working with Jay about the 2018 bonds. I found a second supplemental engineer’s report for Solara Phase II and I sent that to Jay.
Mr. Showe stated there is no money left in the 2018 construction account and we are checking the paperwork to close those accounts and mark that project as complete.

Manager
Approval of Check Register

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

Field Manager’s Report
Mr. Santos stated the county is taking out part of the median so the firetrucks can make a left rather than making a right and a U-turn. I will take some before photos to make sure they don’t mess with anything else that we maintain. As to the irrigation system, they have a plan, but I will be there Thursday to talk to them about that. The sidewalk going to Calabria is going to be an ongoing issue. We have to grind them because of the oak trees are too close to the sidewalk.

EIGHTH ORDER OF BUSINESS	Supervisor’s Requests
There being no comments, the next item followed.

NINTH ORDER OF BUSINESS	Other Business
There being no comments, the next item followed.

TENTH ORDER OF BUSINESS	Adjournment

On MOTION by Mr. Stewart seconded by Mr. Franklin with all in favor the meeting adjourned at 11:20 a.m.

Secretary/Assistant Secretary	Chairman/Vice Chairman

Section IV

Section E

RESOLUTION 2025-01

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 April 1, 2025 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 1st DAY OF APRIL, 2025.

Chairman/Vice Chairman

Secretary/Assistant Secretary

Section V

RESOLUTION 2025-02

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE WESTSIDE COMMUNITY DEVELOPMENT DISTRICT ACCEPTING THE CERTIFICATION OF THE DISTRICT ENGINEER THAT SOLARA PHASE ONE AND TWO IS COMPLETE; DECLARING THE SOLARA PHASE ONE AND TWO PROJECT COMPLETE; FINALIZING THE SPECIAL ASSESSMENTS SECURING THE DISTRICT’S SERIES 2018 SPECIAL ASSESSMENT REVENUE BONDS; PROVIDING FOR A SUPPLEMENT TO THE IMPROVEMENT LIEN BOOK; PROVIDING FOR SEVERABILITY, CONFLICTS, AND AN EFFECTIVE DATE.

WHEREAS, on October 12, 2004, the Board of Supervisors (“Board”) of the Westside Community Development District (“District”) adopted Resolution 2005-13 authorizing, among other things, the issuance of Westside Community Development District Special Assessment Revenue Bonds in an aggregate principal amount not-to-exceed $85,000,000 in order to finance the costs of the construction, installation, and acquisition of public infrastructure, improvements, and services on lands within the District; and

WHEREAS, the District authorized and issued the $3,490,000 “Westside Community Development District Special Assessment Revenue Bonds, Series 2018 (Solara Phase One and Two Project)” (“Series 2018 Bonds”), pursuant to the Master Trust Indenture between the District and U.S. Bank National Association, as Trustee, dated February 1, 2005 (“Master Trust Indenture”) and the Fourth Supplemental Trust Indenture between the District and U.S. Bank National Association, as Trustee, dated February 1, 2018 (“Fourth Supplemental Indenture”), for the purpose of acquiring and constructing all or a portion of the District referred to as “Solara Phase One and Two Project” and

WHEREAS, the District adopted the “Westside Community Development District Engineer’s Report for Phase 1 and 2," last revised October 29, 2007, and as supplemented by the “Second Supplement to Westside Community Development District Engineer’s Report for Westside Phases 1, 2 & 3,” revised January 16, 2018, as amended from time to time (collectively, the “Engineer’s Report”), which identifies and describes the Capital Improvement Plan for Solara Phase One and Two, financed with the Series 2018 Bonds (“Solara Phase One and Two Project”); and

WHEREAS, the Solara Phase One and Two Project has been completed; and

WHEREAS, pursuant to Section 403 of the Master Trust Indenture, the District Engineer executed and delivered an Engineer’s Certification of Completion dated February 14, 2025 (“Engineer’s Certification”), attached hereto as Exhibit “A,” wherein the District Engineer established completion of, and the completion date of the Solara Phase One and Two Project; and

WHEREAS, upon receipt of and in reliance upon the Engineer’s Certification, the District’s Board desires to certify the Solara Phase One and Two Project complete in accordance with the Indenture and to finalize the assessment roll; and

WHEREAS, Section 170.08, Florida Statutes, requires that upon completion of the Solara Phase One and Two Project, the District is to credit each of the assessments the difference, if any, between the amounts assessed and the actual cost of the improvements.

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

Recitals. The recitals are true and correct and are hereby incorporated into and form a material part of this Agreement.

Authority for this Resolution. This Resolution is adopted pursuant to the provisions of Florida law, including Chapters 170 and 190, Florida Statues.

Acceptance and Certification of Completion of the Solara Phase One and Two Project. The Board hereby accepts the Engineer’s Certification and upon reliance thereon, certifies the Solara Phase One and Two Project is complete, as of February 14, 2025, in accordance with the Master Trust Indenture and Fourth Supplemental Trust Indenture.

Finalization of Special Assessments Securing the Series 2018 Bonds. The Board noticed and conducted a public hearing pursuant to Chapters 170, 190 and 197, Florida Statutes, and other applicable law, relating to the imposition, levy, collection and enforcement of special assessments and imposed and levied special assessments pursuant to Resolution Numbers 2017-10, 2017-11, 2018-01 and 2018-06 (the “Assessment Resolutions”). The par amount of special assessments levied pursuant to Resolution 2018-01, adopted by the Board on October 11, 2017, was later revised to $3,490,000 by Resolution 2018-06, adopted by the Board on February 26, 2018 (“2018 Special Assessments”) and, as noted in the Methodology Report (hereinafter defined), any lots remaining in Solara Phase One and Two without 2018 Series Assessments assigned when the Solara Phase One and Two Project is fully platted, will be subject to future bond issues and debt assessments. The Engineer’s Certification indicates that the cost of the Solara Phase One and Two Project was in excess of $3,490,000. Pursuant to Section 170.08, Florida Statutes, and the Assessment Resolutions, special assessments securing the Series 2018 Bonds on all developable land within Solara Phase One and Two are to be credited the difference in the assessment as originally made, approved, and confirmed and a proportionate part of the actual project costs of the Solara Phase One and Two Project. Attached hereto as Exhibit “B,” and incorporated herein by reference, is that certain Master Assessment Methodology for Solara Development, Phases 1 and 2, dated September 6, 2017, as supplemented by that certain Supplemental Assessment Methodology for Solara Development Phase 1 Assessment Area, dated January 16, 2018 (collectively, the “Methodology Report”), which accurately reflects the amount of special assessments securing repayment of the Series 2018 Bonds. Therefore, pursuant to Section 170.08, Florida Statutes, and the Assessment Resolutions, the special assessments on lots specially benefitted by the Solara Phase One and Two Project are hereby finalized on the lots in the amount of the outstanding debt due on the Series 2018 Bonds in accordance with Exhibit

B herein, and is apportioned in accordance with the methodology described in Exhibit B and with the Final Assessment Lien Roll attached hereto as Exhibit “C.”

Improvement Lien Book. Immediately following the adoption of this Resolution, the special assessments as reflected herein shall be recorded by the Secretary of the Board of the District in the District’s “Improvement Lien Book.” The special assessment or assessments against each respective parcel shall be and shall remain a legal, valid and binding first lien on such parcel until paid and such lien shall be coequal with the lien of all state, county, district, municipal or other governmental taxes and superior in dignity to all other liens, titles, and claims.

Other Provisions Remain in Effect. This Resolution is intended to supplement the Assessment Resolutions which remains in full force and effect. This Resolution and the Assessment Resolutions shall be construed to the maximum extent possible to give full force and effect to the provisions of each resolution. All District resolutions or parts thereof in actual conflict with this Resolution are, to the extent of such conflict, superseded and repealed.

Severability. If any section or part of a section of this Resolution is declared invalid or unconstitutional, the validity, force or effect of any other section or part of a section of this resolution shall not thereby be affected or impaired unless it clearly appears that such other section or part of a section of this resolution is wholly or necessarily dependent upon the section or part of a section so held to be invalid or unconstitutional.

Conflicts. All resolutions or parts thereof in conflict herewith are, to the extent of such conflict, superseded and repealed.

Effective Date. This resolution shall take effect immediately upon its adoption.

[SIGNATURE PAGE TO FOLLOW]

PASSED AND ADOPTED THIS 4TH DAY OF MARCH, 2025.

ATTEST:	WESTSIDE COMMUNITY
DEVELOPMENT DISTRICT

Secretary	By:	 Its:	

EXHIBIT A

ENGINEER’S CERTIFICATION DATED FEBRUARY 14, 2025 [ATTACHED BELOW]

ENGINEER'S CERTIFICATE

The undersigned representative of Hanson, Walter & Associates, Inc., a Florida corporation., as the designated engineer ("District Engineer") for the Westside Community Development Disttict in com1ection with the $3,490,000 "Westside Community Development Disttict Special Assessment Revenue Bonds, Series 2018" ("Series 2018 Bonds") hereby certify:

The Disttict Engineer prepared the "Westside Community Development District Engineer's Report for Phase 1 and 2," last revised October 29, 2007, and as supplemented by the "Second Supplement to Westside Community Development District Engineer's Report for Westside Phases 1, 2 & 3," revised January 16, 2018 (collectively, the "Engineer's Report"), which identifies and desc1ibes the public infrastructure deemed necessaiy for Solara Phase 1 and Solara Phase 2, financed with the Series 2018 Bonds, referred to therein as the 2017 Project ("Solara Phase 1 and Phase 2 Project"). Solara Phase 1 and Phase 2 is identified in the Engineer's Report as Solara Development Phases 1 and 2 in Exhibit 2 of the Engineer's Report and the total cost was anticipated to be $[21,262,748.80].

The Solara Phase 1 and Phase 2 Project has been substantially completed m
accordance with the Engineer's Report with no substantial deviations.

Pursuant to Section 403 of the Master Trust Indenture, the Completion Date is hereby established as of the date of this Certificate.

The final cost to complete the Solara Phase 1 and Phase 2 Project, as described in the Engineer's Report, was in excess of $3,490,000.

Tract P-3A (fonnerly known as Tract P-3) has been conveyed to the District; however, due to alleged construction defects, the pond tract is currently the subject of potential litigation.

Hanson, Walter & As	•	s, Inc.,

By:--,........=--: '---'-'	'fr----L-='-------
Name: Mark Vincutonis
Title: 7),$T(llc.T t::"#'6-J1'i1:?iYC­
Dated:	;J.. -/ 'f-2£

EXHIBIT B METHODOLOGY REPORT

[ATTACHED BELOW]

MASTER
ASSESSMENT METIIODOLOGY
FOR SOIARA DEVELOPMENT, PHASES 1 AND 2

FOR

WESTSIDE
COMMUNITY DEVELOPMENT DISTRICT

Date: September 6, 2017

Prepared by

Govemmental Manigement Services - Central Florid1, LLC
135 W. Central Blvd, Suite 320
OrlandQ, FL 32801

J..	·	_J

Table of Contents

·····················································•·111••···········································

Introduction	3
Purpose ......................................................................................,	3
Background.................................................................,................._....,,	3
Special Benefits and General Benefits ......................;	4
Requirements of a Valid Assessment Methodology	5
Special Benefits Exceed the Costs Allocated	s
Assessment Methodology	5
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
.0 True-Up Mechanism	8
Assessment Roll	8
:5.0':Appe.nd.Jx-•-•4l..................·•····•···•.....! .......-.·.-·· •··-''•.-•1.••• :.-............ -:••·· --.•,......... ...:ti-••	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	13
Table 6: Par Oebt 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 F. LLC registered to provide such services as described In Section 1SS of the
Securttles and Exchange Act of 1934, as arnended. Similer1y, GMS-CF, LLC does not provide the Westside Community Development District with financial
advisory services or offer investment advice in any form.

Introduction

The Westside Community Development District is ll local unit o! special-purpose government organized and exisU11g under Chapter 190, Florida Statutes (the "District"), as amended. The District anticipates the issuance of, not to exceed, $1 ,000,000 o! special assessment bonds in one or more series ("Solara Development, Phases 1 and 2 Bonds"). The Solars Development Phases 1 and 2 Bonds are anticipated to fund certain Infrastructure improvements th.Ill 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 Sep., i:-' .2<µ7, for Community wide Capital Improvements prepared by Hanson, Walter & Associal-es (the "Engineer's Report")i.

Purpose
This Moster AS8e881t\ent Methodology for Solara Development, Phase 1 and 2 (the "Assessment Report") provides for an asse11Sment methodology for allocating the debt anticipated lo be incurted by the District to benefiting properties within So.Iara Development, Phase 1 and 2. This Asse85ment Report allocates the debt to certain properties based on the special benefits each receives from the Solara Development, Phase l 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 aduaJ LerDls and mnditions at the time of the issuance of each series of the Soltua Development, Phase 1 and 2 Bonds. This Assessment Report is designed to conform to the requirements of Chapters 190 and 170, Florida Statutes with respect lo special assessments and is consislent with our understanding of case law on this subject.

1he District intends to impose non ad valorem special assessments on the benefited lands within Solara Development, Phase 1 and 2 based on 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 Dislricl. U is not the intent of this Assessment Report
lo address any other assessments, if applicable, that may be levied by the District, a homeowner's associatiou, or any other unit of goverrunent.

Background

The District currently i11dudes approximlltely 1,148.9 acres in Osceola Cow,ty, Florida of which Phase Th.ree represents approximately	acres. The proposed development plan is depicted in Table l (the ''DeveJopinent Plan"), as provided to the District by Mattamy Homes the developer of the Solara Development (referred to as "Developer"). The Development Plan envisions approximately 555 residential units. It is recognized that the Development Plan O\ilJ change, and thls 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

that benefit (.	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, electrical 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.

The Distrkt Engineer must first determine the public .infrastructure improvements and services that may be provided by the District and the costs to implement the Solan. Phase 1 and 2 Project.
The District Engineer determines the assessable acres that benefit from the District's Sowa Pha.ee 1 and 2 Project
A calculation is made to detemtine the funding amounts necessary to acquire and/ or construct the Solara Phase 1 and 2.
This assessments are inituilly divided equally among the benefited properties on a prorated gyoss acreage basis. As land is platted, this amount will be allocated to each of the benefited properties based on the number of plalted units and 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 SoJara 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, w h  accrue to certain property within the Districl The implementation of the Solara Pbase 1 and 2 Proje(t enables properties within its boundaries Lo be developed. Without fhe District's Solua Phase 1 and 4 there would be 110 infrastructure to support development of land within the District With0'1t these improvements, development of the property within the District would be prohlbited bylaw.

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

Phase 1 and 2 are therefore receiving special benefits not recPived by those outside the District's boundaries.

L4	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 improven,ents being paid for.
The assessments must be fairly and reasonably allocated to the properties being assessed.

Florida law provides for a wide application of special assessments that meet these two characteristics of special assessments.

1.5	Special Benefits Exceed the Costs Allocated

The spec.ial benefits provided to the property owners within the Sciara Development, Phase 1 and 2 are greater than the costs associated wiU1 providing Lhese benefits. The Dislikt Engineer estimates that the Sola.ra Phase 1 and 2 Project, that is necessary to support full development of property wit.h.in Sowa Developm,mt, Phase 1 and 2, will cost approximately $10,201,194. The District's Underwriter projects that financing costs required to fund the infrastructure improvements, induding the Solara Phas.i 1 and 2 Project, the cost of issutlnce of the Bonds, the funding of debt service reserves
and capitalized interest, will be approximately $13,000,000. Without the Solara Phase
1 and z the property within Solara Phase 1 and 2 would not be able to be d.eveloped
and occupied by future re&idents of the development.

Assessment Methodology
Overview

The District may issue up to $ ®® inSolara Phase 1 and 2 Bonds to fund the District's So1a.ra Phase 1 and 2 Project provide for capitalized interest, a debt service reserve account and cost of issuance. It is the pwpose of this Assessment Report to allocate the $13,000,000 in debt to the properties benefitfup; from the Solara Development, Phase 1 at\d 2 Project.

Table 1 identifies the land uses as indicated by ·the Developer of the Jand within Solara Phase 1 and 2. The construction costs needed for completion of the Solara Phase 1 and 2 Project are outlined in Tab]e 2. The improvements needed to support the Development Plan are described in 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 DevelopO\ent, Phase 1 and 2 Project and

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

Allocadon 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.

n,e 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 lots are developed, the assessments will be assigne,l to the Assigned Properties based on the benefits they receive. The Unassigned Properties, defined  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 tbe Solara 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 Sola.re. Phase 1 and 2 Bonds, as depicted in Table 5 and Table 6. H 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

Toe 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 onsists of certain earthwork (excluding any assessable lands in Sola.ra Development, Phase 1 and 2) and roadways, stonnwater facilities, potable water, reuse water and wastewater, electrical undergrounding differential, landscaping, and hardscaping as detailed in the Engineer's Report, and professional fees aloog with related incidental costs. There is one product type within the plaMed developinent. 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 beriefit derived from the Sowa Phase 1 and 2 Project on the particular unil:B exceeds the cost that the units will be paying for such benefits.

Uenability Test Special and Peculiar Benefit to the Property

Construction and/ or acquisition by the District of its proposed Solam Phase 1 and 2 Project will provide several types of systems., facilities and services for its residents. These include certain earthwork (excluding any assessable lands in Solara Development, Phase 1 and 2) stonnwater 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 on the type of land us receiving the special benefits peculiar to those properties, which flow from the logical relationship of the improvements to the properties.
Once these determinations are made, they are reviewed in the 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 ctually provided.

For the provision of the Solara Phase 1 and 2 Project, lhe 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 oI being calculated as to value with mathematical certainty. However, each is more valuable than either the cost of, or the actual non-ad valorem special assessment levied for the improvement or the debt as allocated.

lienability 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 (exp.ressed as Allocation of Par Debt per Product Type).

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

Accordingly, no acre or parcel of property within Solara Phase 1 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, the debt allocation will not be increased more than the debt allocation set forth in this Assessment Report

In accordance with the benefit allocation suggested for the product type in Table 4, a total debt per unit and a11 annual ent per unit have been calculated for the one prm.luct type (Table 6). These amounts represent the prelimil'lary anticipated per w,it debt allocation assuming all anticipated units are built and sold as planned, and the entire proposed SoJara Phase 1 and 2 Project is developed or acquired and financed by the District.

True Up Mechanism

Although the District does not process plats, dedaration of condominiums, site plans or revisions thereto for the Developer, it does have an important role to play during the course of platting and site planning. WhPnever 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 D.istrict 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 Distrkt will determine the amoUI'lt of anticipated assessment revenue lhat remains on the Unassigned Properties, taking into account the proposed plat, or sile 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 reqwred. In the case that the revenue generated is less Lhen the .required amount then a debt reduction OI true-up payment by the landowner in the amount necesSil.ry to reduce the par amount of the outstanding bonds to a level that will be supported by the new net annual debt service assessments.

Assessment Roll

The District will initially distribute the liens across the property platted into residential lots within Solara Development, Phue 1 and 2 of lhe District boundaries, 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 alloc.ation of debt from a per acre basis to a per unit basis as shown in Table 6. H 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.

TABLEl
WESTSIDE COMMUNITY DEVELOPMENT DISTRICT
DEVELOPMENT PROGRAM
MASTER As,SESSMENT.MfTHODOLOGV FOR SOLARA DEVELOPMENT, PHASES 1 AND 2

 Pr uc:t Ty:pe	Pha_se1	Phase 2	Total	ERUs per Unit (1)	Tota.I ERUs	
Single Family - SO'	144	83	227	1.20	272.4	
Single Family - 40'	92	160	252	1.10	277.2	
Townhomes	76	0	76	1.00	76.0	

..
rotal Units*	312

243	555	625.6

Benefit is all0Cc11ted on an ERU basis; based on density of planned development, with Townhome ::: 1 ERU

- Unit mix is subject to dlange based on market and other factors

Prepared by: Governmental Management Services - Central Rorida, UC

TABLEZ
WESTSIDE COMMUNITY DEVELOPMENT DISTRICT INFRASTRUcnJRE COST ESTIMATES
MASTER A.SSESSMENT MffiiODOLOGY FOR MASTER MSESSMENT METHODOLOGY FOR SOI.ARA.DEVa.OPMENT, PHASES 1 AND 2

		Phase Three Assessment Area One Project {1!	Phase!	Pl'lase2	Cost Estimate	
		Earthwort	$512,484	$52,530	$565,014	
		Roadways	$0	$0	so	
		Onslte Collector Roadway Drainage	$1,152,500	$1,590,000	$2,742,500	
		Wastewater Coflectlon	$748,850	$600,SCIO	$1,349,350	
		Potable Water Distribution	$703,100	$524,800	$1,227,900	
		Reuse Water Distribution	$361,200	$387,600	$748,800	
		Stormwater	$1,195,796	$122,570	$1,318,366	
		Landscape, Hardscape, and Irrigation	$873,600	Sn9,soo	$1,603,400	
		Electrical	$35,000	$25,000	$60,000	
		Professional and lnspectlOn Fees, Other Misc. fees	$57,800	$30,840	$88,640	
		Contingency	$90,860	$406,364	$497,224	
		Totals	$	5,731,190 $	4,470,004	$101201,194	

0						
A detailed desaiptlon of these Improvements is provided In the Er,.lneer's Report revised Septemeber 6, 2017 prepared by Hanson, Walter, and Associates

Prepared by: Governmental Management Services - Central Aorida, LLC

TABLE 9
WESTSIDE COMMUNllY DEVELOPMENT DISTRICT BOND SIZING
MASTER ASSESSMENT METtfODOLOGY .FORSOLARA DEVELOPMENT, PHASES 1 AND 2

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

Par Amount*

Interest Rate Amortization Capitalized Interest Debt Service Reserve
Underwriters Discour:it

6.00%
30 years
18 mo1nths
Max Annual D/S
2%

.-..	Bond Assumptions:

Total

s

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

$	13,000,000

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

TABl.£4
WESTSIDE COMMUNITY DEVELOPMENT DISTRICT ALLOCATION OF IMPROVEMENT COSTS
MASTER ASSESSMl;NT METHODOLOGY FOR SOlA:f\A DEVELOPMENT, PHASES 1 AND 2

% of Total		Total Improvement	Improvement Costs Product Type	No. of Units •	ERU Factor	Total ERUs	ERUs	 Costs Per Product Tyf>! 		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	

Totals	555	625.6	10Q..PO%	$	10,201,194

N

...

Unit mix is subject to change based on marketing and other factors

TABLES
WEST51DE COMMUNllY DEVELOPMENT OISTIUCT ALLOCATION OF TOTAL PAR DEBTTO EACH PRODUCTlYPE
r.,1AmR ASSESSM J'4T METHQDOLOGY F...c;>RSOLARA DEVELOPMENT, PHASES 1 ANO 2

Improvement	 Allocation of Par C by	Debt Per Product
Prod11ct Type	NIM>flJ:nits •·	ERU Factor	ERUTotals	"ofERU	Product Type••	Type	Par OeJ>t Per Unit	

Single Family - 50'	227	L20	272.40	43.S%	$  4,441,824	$	S,660,486	$24,936	
Single Family- 40'	252	1.10	277.20	44.3%	$  4,520,094	$	5,760,230	$22,858	
Townhomes	76	LOO	76.00	12.1%	$  1,239,275	$	1,579,284	$20,780	
Totals	sss	62S.6	100%	$ 10,201,194  $	13,000,0<Xr

Unit mix Is subject to change based on marketing and other factors
•• ·Balance of Infrastructure Needed for Project to be Funded by Developer

Prepared by: Governmental Management Services- Central Florida, UC

:'f"ABLE 6
WESTSIDE COMMUNITY DEVELOPMENT DISTRICT
_PARDEBT AND ANNUAL ASSESSMENTS FOR EACH PRODUCTTYPE
MASTER ASSESSM£NTJy1ETHODOLOGYFOR S01.AI\A DEVELOPMENT, PHASES 1 AND 2

Net Annual Gross 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 Unit (1)
Single Family- SO'	227	$	5,660,486	s	24,936	$	411,228	$	1,812	$	1,927
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

totals	555	$	13,cio0,000	$	944,436

.i,.

(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

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MATTAMYOIIUM>O LLC	1790 SAWYER PlilM  Pl	1H5-27-4!01--0l!Ol-1050	'SF-50   s  24338 s   uu  $	U27
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MATTAMTOi.ANDOUC	9031 Sllll5ET PMMS	ltR	11-25-27-4941.QlOl-Uall	Sf-50	$	24JD6 $	1.au  s	1.927
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MATT/4M'f OIUHOO UC	 9032 fGRR MfUS	 'RR	 l&..25,,Z7-4!Ml.(11)1)1-1«l0	Sl'-40	 $	 22"58 $	 lMl $	 1,761 MATTAM'I OIUNIIO UC	!OUEGIIETMIU.S	ml	11-2W7-4!41-0001-141.0	Sf-40	$	22,158	2.661 $	1,717

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MATTAMV OlllAHDOUC	 9024 EGRET MIUS	 m  :l&-2H7-4!Ml.()001,1QO	 Sf_..,		22.151 $	 2.661 $	 1,117 MATTAMT OAU.NDOU.:	9020 CGREl' Mll15	 nil  1 7-4941-0l)Ol-l<QO	 Sf-.00  s  22,15&$	U61 $	1.1&7 MATTAMY0111ANDOUC	90ll>£GRETMIU.S	 lt1I  1W5-27-4!141-<ll01-l.WO	 Sf_..,	$  22,11!11 $	 t.Ht $	 1.7&7 MATTAM'I' ORI.ANDO U.C	 900llf.GIIUMIU5	'ml  18-l=-411414'01-1"50	SF ·CO  s  22,151 $	 1.Nl	 t.m
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MATTAM'fOl!l.lllDOUC	9015PnlCANCDVE	TRACE  a.l.>27-1-aJCll•U!O	5"-.CO	s	12,131 $	1,661 S	1,767
MATTAMI' OIUNDD1,1.C	!IOU PEI.ICAN COVE	TRAC!	7--4UI0D1•1540	!F-40	$	ZU5I s	1,611 $	1,717
MATTAMY DIUNDO llC	9007 PB.ICM COVE	'l!IACE	7,Agq  ,0:,1-15511	!F·..cl	$	22,151 $	U61  $	1,1'7
MATTAMl'OIUNDOUC	tOO!I PEUCNI C0VE	TIIACI!	7..-.J,0002-lSII	!F-..cl	s	22.&!II $	1,161 $	1.717
Mll(l'TAMYOIUNDOUC	,o.	aM!	1IIAa  .A941.ooiJl-l	!F-40	$	22,151 $	1.161 $	1.,767
MATTAMf ORIANOO UC	!NIM PB.ICM C0VE	'l1IACE l-..c9U.(IOQl•15IO	SF-40	$	22;8511 $	J.161 $	L787
M41TAMYOIUNDOII.C	!NDDPEUCMCOW!	TIW:I IWS-27-4941.QJOl-15110	SF-40	$	:z:usa $	LIil $	L"Nl7
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MATTAM\'OtaANDOU.C	!IOZ2Pa1CAHCOW£   TMa  1W5-i7--G001-1810	51'-40  $  22,&511 $	Ull  $	J,787
MATTAMY01UNDO UC	 9011 PEI.ICM <DVE  TMC£ 111-iS.Z7""4HXI01,11ZO	 SF-40  $  22,151 $	 1,161 $	 Lffl MATIJWY0tUNDO U.C	90l4PBJCANCOVE  1MCI! 1WW744l-G001-1130	SF-SO  $  24.Sl35 $	1.IIU $	UZI MATTAMYOIUNDOllC	 !I01D PB.ICM COVE  '1111a =7""9U-0001•1	 SF-50  $   24,136 $	 1.a12 $	 UZ7
MATTAMTOIINIOOLLC	,oog PEIJCM COY£	'IIUIU  1WW7-4M1-0001-1650	51'•40	$	:u.asa $	US1	$	1.m
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MAlTAMl'OALMOOUC	91117 FIAMINGO IEY	WAY	111-25-<7-4MHl0Cll-l730	SF-40	$	ll,1511 $	1,&61 $	1.,1117
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MATTAM'I ORI.All)O 11.C	9CD2 FIAMINGO ICE\'	WAY	7--0001-1'90	SF-50	$	24.!131 $	1,812 $	l,92?
MATTIWY OIIIANDO l1C	9026 FLAMINGO ICEV	 WAY	ia=....U-•1100		SF-so	 $	 24,936 $		1,112 $		1,127 m	MAT17J,ffotl.ANIIO u.c		9024FIAMlll801C!Y	WAY		-4141--UU>		SF-50	 $	24,!II!& $		 1,112$		1,127 MATTAMYOIUHDOll.C	9010RAMNGOIIEY	WAY		1&-=-4N1.aicll-1120	Sf•SC		$	2'4,138 $	1.au $	1.92?
MA.TTNMOIUNDOLLC	9012f IEY	WAY	l.l-2!1..?7'4941-GCJOl-llB0	!F-50	$	24,138 $	uu  $	1,127
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Mul-mAnnuol SINice	'361
Preporedbr:	--.u.c

SUPPLEMENTAL ASSF.sSMENTMETHODOLOGY
FOR SOLARA PHASE 1 ASSESSMENT AREA

FOR

WESTSIDE
COMMUNITY DEVELOPMENT DISTRICT

Date: February 23, 2018

Prepared by

Govemmental Management Services - Central Florid LLC
135 W. Central Blvd, Suite 320
Orlando_. FL 32801

Table 9..t Contents
Introduction	3
Purpose	3
Background	3
Special Benefits and General Benefits ...........................,	4
Requirements of a Valid Assessment Methodology	5
Special Benefits Exceed the Costs Allocated	5
Assessment Methodology	5
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
True-Up Mechanism	8
Assessment Roll	8
Appendix	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	13
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 158 of the
Securities and Exchange Act of 1934, as amended. Similarly, GMS-CF, LLC does not provide the Westside Community Development District with financial
advisory services or offer investment advice in any form.

Introduction

The Westside Communi.Ly Development District is a local unit of special-purpose government organized and existing under Chapter 190, Florida Statutes (the "District"), as amended. The District has issued $.3,490,000 of special assessment bonds ("Solara Phase 1 Assessment Area Bonds"). The Solara Phase 1 Assessment Area Bonds are to fund certain infrastructure improvements that benefit a portion of Weslside Phase Three referred to as Solura, Phase 1. 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 January 16, 2018 for Community wide Capital Improvements prepared by Hanson, Walter & Associates (the "Engineer's Report")1•

Purpose

This Supplemental Assessment Methodology for Solara Phase 1 Assessment Area (the "Assessment Report") provides for au assessment methodology for allocating the debt anticipated to be incurred by the District to benefiting properties within Solara Phase 1 Assessment Area. This rep0rt supplements previously approved Master Assessment Methodology dated September 6, 2017. This Assessment Report allocates the debt to certain properties based on the special benefits each receives from the Solara Phase 1 Assessment Area, as delineated'in the Engineer's Report. This Assessment Report will be supplemented with one or more supplemental methodology reports to reflect the actual ternts and conditions at the lime of the issuance of each series of the Solara Phase 1 Assessment Area Bonds. This Assessment Report is designed to conform to the requirements of Chapters 190 and 170, Florida Statutes with respect to special assessments and is consistent with our underslanding of case law on this subject.

The District intends to impose non ad valorem special assessmen:ts on the benefited lands within Solara Phase 1 Assessment Area based on this Assessment Reporl. It is anticipated that all of the proposed special assessments will be coJlected through the Uniform Method of Collection described in Chapter 197.3632, Florida Statutes, or any other legAI means available to the District. It is not the intent of this A68essment Report to address any other assessments, if applicable, that may be levied by the District,. a homeowner' s as80dation, or any other unit of government.

Background

The District currently includes approximately 1,148.9 acres in Osceola County, Florida of which Phase Three represents approximately 243.15 acres. Solara Phase 1 Assessment Area is a smaller portion of the Phase Three project. The proposed development plt10 is depicted in Table 1 (the "Development Plan"), as provided to the District by Matlamy Homes the developer of the Solara Development (referred to AS "Developer"). The Development Plan envisions approximately 312 residential units. It is recognized that the Development Plan may change, and this Assessment Report will be modified accordingly.

The capital public improvements contemplated by the District in the Solara Phase 1 Assessment Area (as defined below) include master public facilities that benefit certain properties within Solara Phll8e 1 Assessment Area the District. Specifically, the District will construct and/ or acquire certain infrastructure including certain earthwork (excluding any assessable lands in Solara Phase 1 Assessment Area) and roadways, stormwater facilities, potable water, reuse water and wastewater, electrical w1dergrounding differential, landscaping, and hardscaping as detailed in the Engineer's Reporl The acquisition and construction costs are summarized in Table 2 (herein, the "2018 Project"),

The assessment methodology is a four-step prC>L--ess.

1. Tho District Engineer must first determine the public infrastructure improvements and services that may be provided by the District and the costs to i.Inplement the Solara Phase 1 Assessment Area
2 The District Engineer determines the assessable acres that benefit from the District's Solara Phase 1 Assessment Area.
A calculation is made to determine the funding amounts necessary to acquire and/or construct the Solara Phase 1 Asses ment Area.
The assessments are initially divided equally among the benefited properties on a ptoral.ed gross acreage basis. As land is platted, this amount will be allocated to each of lhe benefited properties based on the number of platted units and product type.

Special Benefits and General Benefits

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

However, as discussed within this Assessment Report, these general be11efits 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 Assessment Area enables properties within its boundaries to be developed. Without the District's Solara Phase 1 Assessment Area Project, there would be no infrastructure to support development of land within the District. Wilhout these improvements, development of the property within the District would be prohibited by law.

There is no doubt that the general public and property mwers outside the District will benefit from the provision of the District's Solara Phase 1 Assessment Area Projecl However, these benefits will be incidental to the District's 2018 Project, which is designed solely to meet the needs of property within Solara Phase 1 Assessment Area of the District. Properties outside the District boundaries do not depend upon the District's 2018 Project. The property owners withi.It the Solara Phase 1 Assessment Area are

therefore receiving special benefits not received 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 prorerties must received special benefit from the improvements being paid for.
'The as11eSSments must be fairly and reasonably ailocated to the properties being assessed.

Florida law provides for 11. wide application of special assessments that meet these two characteristics of special assessn,ents.

Special Benefits Exceed the Costs Allocated

The special benefits provided to the property owners wilhin the Solara Phase 1 Assessment Area are greater than the costs associated with providing these benefits. The District Engineer estimates that the 2018 Project, that is necessary to support full development of property within Solara Phase 1 Assessment Area, will cost approximately $4,555,394. The District's Underwriter projects lhat financing costs required to fund the infrastructure improvements, including a portion of the 2018 Project, requested to be fw1ded by the District and the Developer the cost of issuance of the Solara Phase 1 Assessn1ent Area Bonds, the funding of debt service reserves and capitali7.ed interest, will be $3,490,000. The funding in excess of bond proceeds required to complete the 2018 Project is to be funded by Developer; the Developer will enter into a Completion Agreement with the District on the date of the bond dosing, in which the Deve]oper agrees to comp ete or provide funds to the District to complete the 2018 Project.

Assessment Methodology

Overview

The District has issued $3,490,000 in Solara Phase 1 Assessment Area Bonds to fund a portion of the Districfs 2018 Project, provide for capitalized interest, a debt service reserve accowi.t and cost of issuance. It is the purpose of this Assessment Report to allocate the $3,490,000 in debt lo the properties benefiting from the 2018 Project.

Table 1 identifies the land uses as indicated by the Developer of the land within So1Ara Phase 1 Assessment Area. The construction costs needed for completion of the 2018 Project are outlined in Table 2. The improvements needed to support the Development Plan are described in detail in the Engineer's Report and are e8limated to cost $4,555,394. Based on the estimated costs, the size of the bond issue needed to generate funds to pay

for a portion of the 2018 Project requested by the District and the Developer and related costs was determined by the District's Underwriter to total $3,490,000. Table 3 shows lhe breakdown of the bond sizing.

Allocation of Debt

Allocation of debt assessments is a continuous process in the District until the Development Plan is completed. The Solara Phase 1 Assessment Area fw,ded by the Solara Phase 1 Assessment Area Bonds benefits all developable acres withi1\ SoJara Development Phase 1 Assessment Area. The Solara Assessment Area 1 is fully platted 11s of date.	•

The initial Series 2018 assessments will be levied on the 312 platted residential wlits within Solara Development Phase 1 Assessment Area as cf the date of bond issuance. 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 platted lands within the Solara Phase 1 Assessment Area are benefiting from the improvements.

The platted 312 residential units in the Solara Phase 1 Assessment Area are the beneficiaries of the So]ara Phase 1 Assessment Area, as depicted in Table 5 and Table 6. If there are changes to Development Plan and a replatting occurs, a true up of the assessment would 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

The assignment of debt assessments in this 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 2018 Project oonsists of certain earthwork (excluding any assessable lands m Solare Phase 1 Assessment Area) 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. There are three product types 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 t).le benefit derived from the 2018 Project on the particular units exceeds the cost that the units will be paying for such benefits.

Llenability Test: Special and Peculiar Benefit to the Property

Construction and/ or acquisition by the District of its proposed 2018 Project will provide several types of systems, facilities and services for its residents. These include certain earthwork (excluding any assessable lands in Solara Phase 1 Assessment Area) stormwater facilities, potable water, reuse wal:er and wutewater, electrical undergrounding differentia1, ]andsmping, and hardscaping, and professional fees along with related incidental costs. The 2018 Project improvements accrue in differing amounts lltld are somewhat dependent on the type of land use r(l(.--eiving the special benefits peculiar to those properties, which flow from the logical relationship of the improvements to the properties.

Once these determinations are made, they are reviewed in the 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 2018 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 special assessment levied for the improvement or the debt as allocated.

Uenability Test: Reasonable and Fair Apportionment of the Duty to Pay Non-Ad Valorem Assessments
A reuonable estimate of the proportion of special lllld peculiar benefits received from the 2018 Project described in the Engineer's Report is delineated in Table 5 (expressed as Allocation of Par Debt per Product Type).	•

The determination has been made that the duty to PQY the non-ad valorem special assessments js fairly and reasonably apportion d because the special and peculiar benefits to the property derived from the acquisition and/or construction of the 2018 Projecl have been apportioned to the property according to reasonable estimates of the special and peculiar benefits provided consistent with the product type categories.

Accordingly, no acre or parcel of property within Solera Phase 1 Assessment Area will have a lien for the payn1ent of any non-ad valorem special assessment more than the determined special benefit peculiar lo that property and therefore, the debt allocation will not be increased more than the debt allocation set forth in this Assessment Report.

In accordance with the benefit allocation suggested for the product type ilt Table 4, a total debt per unH and an annual assessment per unit have been calculated for the one product type (Table 6). These amounts represent the preliminary anticipated per wtlt debt allocation assuming all anticipated units are built and sold as planned, a11d the entire proposed 2018 Project is developed or acquired and financed by the District.

Tme Up Mechanism

Although the Dislrict does not process plats, declaration of condominiums, site plans or revisions thereto for the Developer, it does have an important role to play during the course of platting and site planning. Whenever a plat, replat, declaration of condomiitlum 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 Solara Phase 1 Assessment Area, the area is platted and therefore a true-up is not anticipated. However, if a replat is recorded, then the District will reallocate assets as provided in this Report. In addition, the District must also prevent any buildup of debt on Unassigned Prope.rty. 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 ProperUes, taking into accow1t 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 arulUal debt service then no adjustment is required. In the case that the revenue generated is less then the required amount then a debt reduction or true-up payment by the landowner in the wnount necessary to reduce the par amount of the oulsta.nding bonds to a level that will he supported by the new net ammal debt service assessments.

Assessment Roll

The District will initially distr-ibute the liens across the property platted into residential lots within Solara Phase 1 Assessment • Are.a of the District boundaries. If the Development Plan changes, then the District will update Table 6 to reflect tlte changes. The current master assessment roll for the Solara Phase 1 Assessment Area is depicted in Table 7.

TABLEl
WESTSIDE COMMUNITY DEVELOPMENT DISTRICT
1
0EVELOPMENTPROGRAM
SUP.PLEMENTAL ASSESSMENT METHODOLOGY FOR SOLARA PHASE 1 ASSESSMENT AREA

Product Type	Phase 1	ERUs per Unit (1)	Total ERUs	
Single Family- 50'	144	1.20	1n.s	
Single Family - 40'	92	1.10	101.2	
Townhomes	76	1.00	76.0	

 Total Units•	312			350.0	

(1} Benefit is allocated on an ERU basis; based on density of planned deve!opment, with Townhome = 1 ERU

- Uoit mix Is subject to chang2 based on market and other fc1ctors

Prepared by: Governmental Management Services - Central Florida, LLC

iTABLE 2
WESTSIDE COMMUNITY DEVELOPMENT DISTRICT INFRASTRUCTURE COST ESTIMATES
SUPPLEMENTAL ASSESSM NT MEll-lODOLOGY FOR SOLARA PHASE 1 ASSESSMENT AREA

2018 Project (1)	Ptiase1

	Earthwork		$512,484	
	Roadways		$0	
	Onsite Collector Roadway Drainage		$1,052,920	
	Wastewater Collection		$748,850	
	Potable Water Distribution		$703,100	
	Reuse Water Distribution		$361,200	
	Stormwater		$119,580	
	Landscape, Hardscape, and Irrigation		$873,600	
	Electrical		$35,000	
	Professional and Inspection Fees, Other Misc. Fees Contingency		$57,fm
$90,860	
	Totals	$	4,555,394	

0				
(1) A detailed desalptlon of these Improvements Is provided in the Engineer's Report revised January 16, 2018 prepared by Hanson, Walter, and Associates

Prepared by: Governmental Management Services - Central Florida, LLC

r

TABLE 3
WESTSIDE COMMUNITY DEVELOPMENT DISTRICT BOND SIZING
SUPPLEMENTAL ASSESSMENT METHODOLOGY FOR SOLARA PHASE 1 ASSESSMENT AREA

Descrietion _		Total		
Construction Funds	$		2,973,657	
Debt Service Reserve	$		115,065	
Capitalized Interest	$		120,678	
Underwriters Discount	$		69,800	
Cost of Issuance	$		193,650	
Issue Discount	$
..		17,150	
Par Amount	;,		3,490,000	

....	Bond Assumptions:				
Average Coupon Rate			5.14%	
Amortization			30 years	
Capitalized Interest		Through 11/1/2018	
Debt Service Reserve		50	%MADSD/S	
Underwriters Discount			2%	

TAl3LE 4
WESTSIDE COMMUNllY DEVELOPMENT DISTRICT
ALLOCATION OF IMPROVEMENT COSTS
SUPPLEMENTAL ASSESSMENT METHODOLOGY FOR SOLARA PHASE 1 ASSESSMENT AREA

	
Product Type	No. of Units•	
ERU Factor	
Total ERUs	%of Total
ERUs	Total Improvement
Costs Per Product Type	Improvement Costs
Per Unit		

Single Family - 50'	
144	
1.20	
172.8	
49.4%	
$	2,249,063	
$	15,618	
Single Family - 40'	92	1.10	101.2	28.9%	$	1,317,160	$	14,317	
Townhomes	76	1.00	76.0	21.7°/4	$	989,171	$	13,015	

Totals	312

.:	350.0	100.00%	$	4,555,394

* Unit mix is subject to change based on marketing and other factors

Improvement	 Allocation of Par Costs by	Debt Per Product
Product Type	No. of Units •	ERU Factor	ERU Totals	%ofERU	Product Type.,.	type	Par Debt Per Unit	

Single Family - SO'	144	1.20	in.so	49.4%	$	2,249,063	$	1,723,063	$11,966	
Slngle Family - 40'	92	1.10	101.20	28.9%	$  1,317,160	$	1,009,109	$10,969	
Townhomes	76	1.00	76.00	21.7%	$	989,171	$	757,829	$9,971	

Totals	312	350.0	100%	$ .4,555,394  $	3,490,000

.....
w

Unit mixIs sub)ect to change based on marketing and other factors
0  Balance of Infrastructure Needed for Project to be Funded by Developer

WESTSIDE COMMUNllY DEVELOPMENT DISTRICT ALLOCATION OF TOTAL PAR DEBT TO EACH PRODUCT lYPE
SUPPLEMENTAL ASSESSMENT METHODOLOGY FOR SOLARA PHASE l ASSESSMENT AREA

Prepared by: Governmental Management Services - Central Florida, UC

	
Allocation of Par Debt Per Product
Product Type	No. of Units*	Type	

Total Par Debt Per Unit	

Maximum Annual Debt Service	Net Annual Debt Assessment
Per Unit	Gross Annual Debt Assessment
Per Unit (1)	

Single Family - 50'	
144	
$	1,723,063	
$	11,966	
$	113,618	
$	789	
$	839	
Single Family - 40'	92	s	1,009,109	$	10,969	$	66,540	$	723	$	769	
Townhomes	76	$	757,829	$	9,971	$	49,971	$	658	$	699	

WESTSIDE COMMUNllY DEVELOPMENT DISTRICT
PAR DEBT AND ANNUAL ASSESSMENTS FOR EACH PRODUCT TYPE
SUPPLEMENTAL ASSESSMENT METHODOLOGY FOR SOLARA PHASE 1 ASSESSMENT AREA

:;:

Totals	312	$	3,490,000	$	230,130

(1) This amount includes collection fees and early payment discounts when c;ollected 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

!STSIDECOMMUHITY DfVUDPMENT DISTRICT PRruMINAAY ASSESSMENT A0U
  UP!'\EMOOAI. ASSU'SMUff M?TIIOootOGY FOR SOIAM PHASE l ASS6SM!NT N<U	

Total Por l>lbt •Not An-IDobt "Gro,o -••!Dobt AIOCltlon Per	looessrMm

ow-

!!!Ad"'-

l'lfflellD

Unll .

Mloclaon

-

Alloc1t1anl1I

rrodua!JI!!

MATTAMY 0111.ANDO UC	1150 SAWYEII PALM	Pl.	1WH7-4kl-o001•10DO	9'-50	$	11,!M	$	789 s	839	
MATTAMY ORlANDO I.LC	1MO !IAWYtll PAIM	Pl.	1r.2S-27-IMl4'01-10ZD	!F-50	$	11,!lll&	$	7D $	839	
	MATTAMY ORLANDO LLC	1130 SAWYER PAI.M	Pl	lW5-27--•lOZ0	!F-50	$	11.!lti6 $	7&9 $	839	
	MAlTAMYORUHDOI.LC	1120 SAWYEJI PALM	Pl.	1HS-Z7-49414l01-1Cll0	SF-50	s	11..'1115 $	7D $	839	
	MATTAMY ORLANDO I.LC
MATTAMY OIILAN00 LLC	1110 SAWYl!R PAIM
1Jl00 SAWYBI PMM	PL
PL	1H5-27-41Ml--1-
1.WS-27-4941-COOl-10,0	Sf-SO
Sf-,0	$
s	11.988 $
11.9&6 s	7119 $
71111 $	839
ll9	
	MATTAMYORIANDO LLC	1790 SAWY!R PALM	PL	lll-2s-27-4!1414l01-lll60	SF0SO	$	11.866 $	7■ $	1139	
	MATTAMYORLANDO LLC	1780 SAWYER PAI.M	Pl	lt-15-27--0001-1070	Sf-50	$	11.!1611 $	7119 $	1139	
	MATTAMY ORIANDO LLC	1770 SAWYER PALM	Pl	1Ws.z7-4t41-o001-10IO	:lf-!10	$	11.9&6 $	7■ $	1139	
	MATTAM'I ORLANDO LLC	1760 SAWTEii PAlM	Pl	l&-25.z7-494Ul001-1090	SF·SO	$	11.9611 $	7D $	139	
	MATTAMY ORLANDO LLC	1750 SAWY!R PAtM	Pl	1r.1.s.z7-441.-.uoo	Sf-50	$	lUH	$	7D  $	lll9	
	MATTAM'f OM.ANDO UC	1740 SAW'IBIPALM	Pl	lt-25-Z7-4941-0001·1110	SF-50	$	11,166 $	7119 $	839	
	MATTAMY ORLANDO LLC	1730 SAWYER PALM	Pl	1r.U.!7-4t4Ul001-1l20	5F-50	$	11.!IH $	7119 s	13!1	
	MATTAM'f 01UNOO I.LC	1720 SAW'IBI PAlM	PL	ll-2S.!7-4941-«)01-1UO	SF-SD	$	11.98& s	7811 $	1139	
	MATTAMY OIUNDO I.LC	171D SAWYER PALM	Pl	lWS-27.-IUl-0001-1140	SF-SO	$	11.956 $	7119 $	1139	
	MATTAMY ON.ANDO lLC	9025 SUNSETPAIMS	Tl!R	lW5-.!7-19'1l.-<l001•1150	SF-50	$	U,966 $	711!1 $	839	
	MATTAM'I' ORIANllO LLC	90Z7 SUt«TPALMS	l!R	111-25-27-4941.G)Ol-1160	SF-50	s	ll.1166 $	711 $	839	
	MATT.AMI' 0RLAIIDO I.LC	902P SUNSETPAIMS	Tl!R	18-2S-Z7-4Ml--1!1ll	Sf-50	$	11.1611 $	7&9 $	139	
	MJITTIWYOIUNDOW:	90n SUIIS£TPAIMS	TER	1&-25-27-4941--llllO	Sf.so	$	11.968 $	1•  $	139	
	MATTAMY ORI.ANDO llC	1633 NASSAU POINT	TRl	1&-25-Z7-4941-CI001-1190	SF-40	s	10,!169 s	m  $	769	
	MATTllM't'OIIIAHOOLLC	lel!ll'IAS.V,UPCIINT	111L	18-25-27-41414)01.UOO	SF-40	$	10.llff $	71J s	769	
	MATTAM'f ORlAHD0 LLC	1625 NA!EAlJ POINT	TRL	lf.!5-27-4941-«>01-1210	SF .40	$	10,!169 $	m $	769	
	MATTAMI' ORIANllO l.LC	1621 NASSAU POINT	TRL	1W5-27-4941-COOJ·lll0	SF-40	$	leuff  s	773 $	769	
a,	MATTAM'f 0111.ANDOLLC	1n1 NA!SAUPOINT	TRL	1&-25-.!7-49"1-0001-1230	SF• «I	$	10.161 $	72i $	761	
	MATTAMY OIONDO LLC	1613 NASSAU POINT	TRL	11,25-27-4141-IJOOl-1240	SF-40	$	10.969 $	723 $	769	
	MATTAM\' ORLANDO LLC	0		ll-25-27-49414'01-1250	Sf-40	$	]0.!1119 $	723 $	769	
	MATTAM\' OIi.ANDO LLC	1616 HERONS C! l!EN	PATIi	11,25-.!7-&41-0001-1260	SF-40	s	10-'6!1 s	m $	769	
	MATTAM\'OIUNDO LLC	1&12 H!ROHS GR	PATH	ll-25-.!7--alOl-1270	SF-40	s	10,969 $	72]  $	769	
	MATT.It.Ml' OlllANOO LLC	11!0!1 HOIOHS GREEN	PATH	1WS.Z7--G001-UIO	SF-40	$	J0.!1119 $	m $	;,&9	
	MATT.It.MY ORI.ANDO LLC	1604 HERONS GRl:EN	PATH	1•zs-z1-4941.(1001-1290	SF •«I	$	J0,!169 $	723 $	78S	
	MATT.AMY 0RLAN00 LLC	1800 H!RONS C!Rl!N	PATIi	1•1s-1.,--G001ouoo	Sf-40	s	lt\,!IH  s	723 $	769	
	MATT.AMY 0111.ANDO LLC	1711CARIBBEAN VIEW	TER	1S-25-27--·13l0	Sf.-«)	$	10.919 $	723 $	769	
	MATTAMV ORLANDO LLC	1712 CARIBBl!AN VIEW	TER	l&-Z;.27-4Mt-(100l-1320	5F-40	$	J0,!169 $	723 $	769	
	MATTAMY ORt.AIIDO llC MATTAMV ORLANDO LLC	1706 CMIHEA/1V1£W
1700 CARIBBEAN VIEW	TER TER	1&-2S-Z7--CI001•13JO l&-25-l7.-1841.(J001.DIO	5F-.U
SF-40	$
s	10.!1119 $
10.!1119 s	7ll  $
723 $	769
769	
	MATTAM'I ORLANDO lLC	9013 SUNSET PAlMS	l&t	11-25-27-4Ml-OOOl-1350	SF-40	$	10,!l&f $	723 $	769	
	MATTAMV OMANDO LLC	9009 SUNSET PAI.MS	TER	11-25-27-4941-COOl•lleO	Sl'-40	$	10.989 s	723 $	769	
	MATT.AMY 0111.ANDO LLC	9005 SVN5eT PALMS	m	1&-Z5-27--C001•ll70	5F-.U	$	JOJIH $	723 $	719	
	MATTAMYOIII.AHOOU.C	to015U"SET PAIMS	TER	1&.15-27-4f41-o001-lll0	SF-40	$	10.9119 $	723 $	769	
	MATTAMVDrtLANDO U.C	903G EDRET1141115	TER	1WS-27-4941.(J001-1J90	51'•40	$	10,!169 s	7Z3 $	769	
	MATTAMY Of!IANDO I.LC	9032esl!ETMIUS	TER	lWS-27-4941-0001·1«10	SF -40	$	10,961 s	723 $	ffl	
	MATTAMYOlltANDOLLC	11028 !Glll!T MILLS	TER	11-25-27-494l-Cl001•l<ll0	SF-40	s	10,!1119 $	7D $	769	
	MATTAMYORLANDOLLC	9024 EGl!ET MILLS	TER	11-ZS-27-4941-0001-lQO	SF-40	s	10,9&9 $	723 s	769	
	MATTAMYOIILANOOLLC	9020Bl11El"Mll.LS	TER	11-25-27-4941.(J001•1430	Sf-40	s	10,!1119 $	7Z3 $	759	
	MATTAMYORI.AHOO LLC	!Kill roRETMII.LS	TH	1r,.2>27-49414)01•1440	SF-40	$	10.9119 $	723 $	759	
	MATTAMY ORI.ANDO LLC	900e eGIIETMIUS	1ER	18-25-.!7-49414'01·1450	SF-40	s	10,989 s	723 $	159	
	MATTAMYOIII.AHDO UC	9004 EGRIT MILLS	TER	11-Z5-27-49•14l01·1-	5F-.U	s	111!161 $	72i  $	759	
	MATTAMY OAlANDO LLC	!000 "3111!T MILLS	TEii	l&.lS-27-49414:>01-1470	SF-«J	$	10,989 $	723 $	769	
	MATT.AMY ORLANDO LLC	9m! P!1JCloN COVE	TRACE	1W5-27-494l-C001·1480	Sf-40	$	10,969 $	m $	769	
	MATTAMY Oltl.AIIOO LLC	9015 P!LILJlj COi/ii	TAACE	111-15-27-4'41-«JOl•I-	SF-40	$	10.ll69 $	723 $	769	
	MATT.AMY OIILANOO LLC	9031 l'tLICAN COY!;	TRAC	lWS-27-49414)01-1500	Sf -40	$	1G.!M9 s	7Z3 $	769	
	MATT.AMY OIIV,NOO LLC	9027PWCANCOVI:	T'AACE	1B-1S-27-49'l-0001-1S10	51'-40	$	10.969 $	Tl3  $	769	
	MATT MY OIIIANDO LLC	902a l'EllCAN COV1:	TRACE	11-IS-27-4941-0001·1520	Sf-40	$	10.969 s	72! $	7li9	

Tot■IPar Debt Net Ann•ol Debt Gnm Mnual Dl!bl

-

Alocatton Per	Assessment

s

MATTAMY ORIANDO UC	9015 PEllCNI COY!'	TRIU	1WS,27-4'141.-0001-1S30	SF-40		$	723	$	769	
MATTAMY ORI.MOO UC	9D11 PELICAN COVE	TRACE	1&-2!>-27-4941-0001-1540	SF-40	$	10,969	$	nl	$	769	
MATTAMY ORLANDO llC	9007 PELICIIN COVE	TRACE	1&-25-27"""1-<XlOl-1550	SF-40	$	1D.969	$	723	$	769	
MATTAMY ORIANDO llC	9003 PELICAN COY'!	TRACE	lll-2!>-27-4941-aJOl-1560	SF-40	$	10.969	$	723	$	769	

Owner	f!!!i!!JnAd	Pffi>IIID	PTodu<!Te	Un\l	Allocttlon	Moc■tlo<,jlj
10.909

a,

...

MATTAMY OIIIANDO UC	9038 PELICAN COVE	TMCE  1'-Z!>-27-4941-al01-1S70	SF-40	$	10,969 $	n3 s	769
MATTAMY ORIANDO UC	9034 PEUCMI COVE	TRACE  U-Z!>-27-4941-0001·1580	SF-40	$	lCl,96!! $	m  $	769
MjlTTAMY ORIANDO llC	9030 PEIJCNl COVl	TRACE  111-2S-27-4941.()001-1590	SF-40	$	10,969 $	723 $	769
MjlTTAMY ORIANDO UC	91n6 PELICAN COVE	TIIACE 111-25-27-4941-0001-1600	SF-40	$	10,969 $	723 $	769
MATTAMYORIANDOUC	9022 PELICAN COVl	TRACE  111-2S-27-4941-0001-1810	SF-40	$	10.969 $	723 $	769
MAlTAMYORIANDOUC	90111 PEUCAN COVE	TIIACE  18-25-27-4941-0001-l&ZO	SF-40	$	10,969 $	723 $	769
MAlTAMYORIANDOUC	9014 PELICAN COVE	TIIACE  18-25-27-4941-<XlOl-1.AO	SF-50	$	11,966 $	711!1 $	1139
MATTAMY ORIANDO UC	9010 PB.ICAN COVE	TIIACE  18-25-27-4941-0001-1&40	SF-50	$	11.956 $	711!! $	839
MATTAMYOAIANDOUC	9008 P!I.ICAN COVE	TRACE ll!-25-27-4941-0001-1650	SF-40	$	1.0,!169 S	723 $	7&9 MATTAMYORUINDO LlC	 9002 PEllCAN COYE	TRACE  1&-25-27-494l-0001-1"0	SF-40	$	10,969 $	723 $	 7&9
MATTAMYORANDO LlC	 -1 FLAMINGO ICEY  WAY  5-l7-1-000I-lll70	SF-40  $  10.!16!1 $	723 $	7&9 MATTAMYORANDO LlC	9037 FLAMIN80 ICEY  WAY  18-2S-27-4941-0001-11180	SF-40  s  lCl,96!! $	723 S	7&9 MATTAMY ORLANDO UC	9033 FLAMINGO ICEY  WAY  111-Zs-27-4941-0001-1690	Sf-40   $   10.969 $	723 $		769
MATTAMYORIANOOLlC	9029 FLAMINGO ICEY  WAY  1W5-l7-4941-0001-1700	SF-40   $   10.969 $	723 S	769
MATTAMY ORLANDO LlC	9025 FLAMINGO 1CEY	WAY	111-25-27-4941-0001-1no	SF-40	s	10,969 $	723 S	769
MATTAMYORIANDO LlC	9021 FLAMINGO KEY	WAY	111-25-27-4941-0001-1no	SF-40	$	10.969 $	ms	769
MATTAMYORANDOLlC	9017 FLAMIN80 ICEY	WAY	18-25-27-494.l-<XlOl-1730	SF-40	$	10.969 $	723 S	769
MATTAMY ORI.ANDO UC	90ll FlAMINGO 1CEY	WAY	IW5-l7-4941-0001-1740	Sf-40	$	10.9119 $	723 $	769
MATTAMY ORU,NDO LLC	9009 FLAMINGO KEY	WAY	1W5-l7-4941--0001-1750	SF-40	$	10,!169 $	723 S	769
MATTAMY oru.ANOo UC	9005 FlAMINGO ICEY	WAY	lW!>-27-4941-aJOl-1760	SF-40	s	10.969 $	723 $	769
MATTAMYONANDOUC	!KJlll FLAMIIIGO KEY	WAY	111-ZH7-4941-0001-1770	SF-40	s	10,9&9 $	723 $	769
MATTAMY Om.ANDO LlC	9040 FLAMINGO ICEY	WAY	111-2!>-27-4941-(1001•1780	SF-50	$	11,968 $	7119 $	1139
MATTAMY ORLANDO UC	9032 FLAMINGO ICEY	WAY	lll-ZH7-4941-0001-1790	SF-50	$	11.956 $	719 S	1139
MATTIIMY OIMI\IOO LLC	9028 A.AMINGO KEY	WAY	18-2>27-4941-0001-llOO	SF-50	$	11,966 $	711!1 S	1139
MATTAMY ORI.ANDO llC	9024 FlAMINGO ICEY	WAY	111-2H7-4941-0001·1810	SF·SO	$	11,!!H $	7SSI $	1139
MATTAM'I ORIANDO LLC	9020 FLAMINGO KEY	WAY	111-2H7-4941-0001-18ZO	SF-50	$	11.96& $	7119 $	83!
MATTAMY ORl>NDO LLC	9012 FLAMINGO ICEY	WAY	18-2H7-4941-0001-1830	SF-SO	$	11.956 $	711!1 $	1139
MATTAMY OIUNDO LLC	900!I FLAMINGO ICEY	WAY	D-25-27-4941-<XlOl·lMO	SF-50	s	11.956 $	7119 $	1139
MATTAMY ORIANDO UC	9004 FLAMINGO KEY	WAY	18-2H7-4941-GCI01•lll!O	SF-50	$	ll,968  $	789 $	8.39
MATTAMT ORIANOO LLC	90tD FLAMINGO ICl:Y	WAY	18-25-Z7-49CUl001-1860	SF-SO	$	11."66 $	711!1 $	839
MATTAMY ORI..ANOO UC	1537 NASSAU POINT	TRl	11-25-Z7-4941-0001•1ml	Sf-:;(!	$	11,966 $	789 $	1139
MATTIIMY ORIANDO LlC	1533 NASSAU POINT	TRl	18-2!>-Z7-4941-0001-1IIO	Sf-50	$	11,966 $	7119 $	1139
MATTAMY ORI.AN00 Ll.C	1529 NASSAU POINT	TRL	111-ZS-27-4941-0001-1&90	Sf •50	$	11.966 $,	7119 S	8i9
MATT/IMr ORlAMX> LL	15ZS .NASSAU POINT	TIil	1&-25-27-4941-0001-	SF-50	s	11,966 $	711!1 S	899
MATTAMY 0RIANDO LlC	1517 NASSAU POINT  TIil  18-2S-i7-4941-0001-1910	Sf-50   $   11,966 S	789 $	839
MATTAMY ORIANDO LlC	l.5l3 NASSAU POINT	TRL	18-25-Z7-4!Ml-0001-1920	SF-50	$	11.!IN $	7119 S	839
MATTAMY ORI.ANDO LlC	1909 N	POINT	TRL	S-Z7-4Ml-0001-100	SF-50	s	ll.!166 $	71!11 $	839
MATTAMY OR.ANDO LLC	15051'1ASSAUPOINT	TRL	18-2!>-27-'11141-ll001-l!MO	SF-50	$	11,!166 $	789 $	839
MATTAMY ORI.ANOO LlC	 1501 N U  POINT  TRL  18-2S-27-494UJOOi-1ll50	 SF-50  $  11,966 $	78!1 $	!39 MATTAMY OIIIAIIDO LLC	1871 SAWYER PALM  PL	18-25-Z7-494UJ001-1160	SF-«>  $  10,!169 $	723 $		769
MATTAMYORANDOUC	111&1 5AWl'EII PALM	PL	18-ZS-27-4941-ooot-19'10	SF-40	s	10,969 $	723 $	769
MATTAMY ORI.ANDO LLC	1151 SAWYER PALM	PL	11.zs.27-4941-0001-1!1110	SF-40	$	10,969 $	723 $	769
MI\TT-011.ANDO LlC	11145 SAWYER PALM	PL	1W5-Z7-49111--0001-IJ90	SF-40	$	10,969 $	7D  $	789
MATTAMY ORANDO UC	11141 SAWYeR PAI.M	PL	lll-25-27-4941-aJ01·2000	SF-40	$	10,9119 $	723 $	769
MATTIIMY ORIANDO LlC	U15 SAWYEI! PALM	PL	111-lS-27-4941--0001-2010	SF-40	$	10,969 $	723 $	76!
MATTAMY ORI.ANDO LlC	1111 5'\WYBIPALM	PL	111-2S..Z7-4941-000l-2Cl20	SF-40	$	10,969 $	723 S	769
MATTIWY OA1.AND0 LlC	1801 SAWYER PALM	PL	lll-2S-27-4!141--0001-20BO	SF -«J	s	10,969 $	723 $	769
MATTAMY ORLANDO UC	1791 SIIWYER PALM	Pl	111-25-27-4941-0001-2040	Sf-40	$	10,969 $	723 $	769
MATTAMY ORI.ANOO LlC	1711 SAWYER PALM	PL	111-Zs-27-4941-0001-2050	SF·40	s	10,9&9 $	723 $	769
MATTAMYORLANDO LLC	ins SAWl'Elt PALM	Pl	18-2s-27-4941--0001-2060	SF-40	$	10,969 $	723 $	789
MATTAMYORI.ANDO llC	1771 SAWYER PALM	PL	IWS-27-4941-0001-2070	SF -40	 $	10,969 $	723 $	7&9 MATTAMYORIANDOllC	1781 SAWYER PALM	PL	 lll-ZH7-4941-aJ01·20BO	SF-40	s	10,9119 $	 723 $		769
MATTAMY ORLANDO LlC	1751 SAWYER PALM	Pl	1&-25-il7-4941-oool-2090	SF-40	s	1D,969 $	723 $	769
MATTAMY ORLANDO llC	1&11 SANDY PARK	1Rl	111-25-27-4941-0001-2100	SF-40	$	10,969 $	723 $	769
MATTAMY ORIANDO UC	1844 SANDY PARK	TRL	11-25-27-4941-0001-2110	Sf-40	$	10,9E9 $	n3 s	769

........

Tatal Pw Oebt Net AnrHillf Debt Gn,• Arutu.al Oll=be

-  -

s

s

s

Alocatlon Pw
.owner		Pr!!E!!!t?llddn,n		 P-10	urt TIE!		U,,tt	Nloc.11llOl'I	Aloclt10njll MATTAMY ORI.ANDO UC	 18C!SAHDY-	'nil	 1&-2 21-1-0001-mo		 SF-•O	 $		 10,969 3		 723 $		 7gg MATTAMY OR!MOC llC	18'11SANDYPMK	 TRL	1&-2 27-<1941-0001-2130		SF-40	s		10,919 $		m $		769
MATTAM'f' OIUNOC UC	1S325ANDYPMK	TRL	18-25-27-4141-CI001-U40	SF-40	s	10,90  $	7ll  $	769

ms

MATTAMY ORIANDO UC	 1124 SANDY PIUIK	TRL	1&-25-27-<19.1-0001•21'0	SF-40	 $	10.9et $	 723 $	7'69 MATTAMY ORlNl00 llC	lAJSANDYPIUI•	TRI.	11-25-27--641-ooo3-21IIO	Sf-40	$	10,!lff  $	723 $	769
MATTAMY ORI.ANDO llC	1SJ65NIDY-	TRL	18-25-27-<111•1-oocn-1110	SF-40	s	10319 $	7119
MATTAMT OIIIANOO UC	l&USANOYFMJI:	TRI.	U-U-27◄94HJ001-2UO	SF-40	$	10,9'9 $	723 $	759
MATTAMY OtUAHI)() llC	 18CIB SNIDY PARK	 TRL	1W 27-G41-CI001-2190	 SF-40	 $	 10,!119 $	 723 $	7119 MATTAMY Ol!LANllO UC	180ISANDYPARIC	lRL	18-2 7-<1941-oocn--2200	l!F-40	$	10,969 $	723 $	769
MAmM\' ORI.ANDO llC	laa> SANDY PARK	'!RI.	11-2H7.--GOOt-2210	SF-40	$	10.999 $	723 $	719
MATTAMY OIMNDO LLC	90Q SUNSHINE RllGE  LOOP  1N5-27--(J001-22ZO	!F-50	$	11,!166 $	789 $	839
MATTAMY 0RlANDO UC	903& SUll!HIN' RIDGe  LOOP  18-25-17-49414>01-2230	SF-50	$	11,966 $	7119 $	839
MATTAMY ORlAN00 llC	9034 SUNSHINE RIDG!  lOOP  1l-,1H7-<l941-000t-n40	51'-SO	$	11,!lff  $	781 $	1139
MATTAMYORI.Nl)()LLC	9<a>SUIISH"' IIIDGl  LOOP  1W5-27-4M1-GI01·22SO	SF·!O	$	11.M  $	7119 $	139
MATTAMY ORLANDO UC	9024 SUNSH!Nr IIIIG!  LOOP	lll.25-27-GG-0001-2260	SF-SO	$	11.916 $	7119 $	839
MATTAM'f' 011.MDO LLC	'1()0() SIJNSHIN£ M>G£  LOOP  lA-25-U-l!Ml-0001-2770	Sf• 50	$	lUM	$	7119 $	139
MATTAMY OIUHDO UC	900t SUN5HIN!RIDG!  LOOP  111,-2 z1.--0001-22aa	Sf.,o	$	11.9N $	789 $	1139
MATTAMT OAlANDO LLC	!ICOBSUl&f""RIDGI!  LOOP  111,-25-21.-1-oom-2190	SF-50	$	11,llM  $	,.	$	1139
MATTAMY ORLANDO UC	9014 SUNSIIINE RIDGE  LOOP  1&.JS-Z7-41141-0001-2300	SF-50	$	11,!1141 $	789 $	1139
MATTAMT ORLANDO UC	9016 SUNSHINI!RIOGE  LOOP  111.2H7-4941-o001-ll10	SF-50	$	11,!1141 $	719 $	1139
MATTi'MI' O!UNDO UC	90111 SUNSIIINE RIDGE  LOOP  1&-25-Z7-041-0001•23ZO	!IF·!IO	s	11.96& $	7119 $	113.9
MATTAM'I 011.ANOO UC	!I005 !UIISHINI! RIOGI! l.oOP  :IWS-Z7-ll!l'UI001-'.ZDO	Sf-50	$	11.9M $	7811 $	 &3!I MATTAMY OlllANDO LLC	 !111!1-RIOOE  LOOP   18-25-27--1-0001-2340	SF-50	 $	11,966 $	7119 $	1139
MATTAMY Ord.ANDO UC	901J SUNSHINE RIOOE  LOOP  U-25-27--0001-a50	Sf. ,o	$	11.9M $	7119 $	839
MATTAMY CAUNOO LLC	90lS SUN!HINE ltlOGE  l.OOI'	S-27-4941-0001-2360	5f • 50	$	11.9155 $	7119 $	1139
MATTAMY ORLANOO LLC	15DCAR!YPALM	OR	1S-25-l7-4941--0001-2370	TII	$	9.971 $	6511 $	899
MATTANY CfllANOO LLC	15il5CMFfPALM	CIR	J.ll,-  7--oocn-1380	TII	s	9,971 $	&511 $	19!1
MATTAMY ORI.ANDO UC	1537 CAlllY PAI.M	CIR	J.11,- 7-'11141-0001-2390	TII	$	9.971 $	858 $	699
MATTAMY OIUNDO LLC	lsa9 CM!YPAI.M	CIR	lll-2S-27-4941-(J001,2400	TII	$	9.971 $	6511 $	199
MATTAMY ORIANOO UC	15'1CAREY PALM	0	111-25-27441-0001-2410	TII	$	9,971 $	&!ii $	619
MATTAMY ORLANDO UC	1543 CAREY PALM	CIR	111-25-l7-4941-0001•2C!O	TII	$	9.971 $	1511 S	Ht
MATTAMY ORlANOOUC	15-4SCAR!'IPAI.M	CIR	111-25-17""'941-000l-2GO	TII	t,971 $	65B $	693
MATTAMY ORIANDO UC	15'7 CAREY PAIM	CIR	11-25-27-4941-0001-2440	TII	$	9,971 $	651 $	699
MATTAMYOIUNOO lLC	1549CAR£YPAlM	CIR	18-25-27-41141-0001-2450	TII	$	9,971 S	8511 $	159
MATTAMY OIi.ANDO W:	1S51CAR!VP-	CIR	111.25.17-4941-fflll-2480	TII	s	9,'71 $	8S& $	899
MATTAMY ORLANDO W:	1551CAAff PAIM	CIR	lS-25-27-1941-0001-2470	TH	$	9,971 $	1511 $	699
MATTAMY ORLANDO UC	155SCAl!f\'PAI.M	CIR	11-25-l7-1-CI001•2410	TH	$	9,971 $	851 $	699
MATTAMY OALlNOO W:	15:17 CARfY PALM	CIR	18-25-Z7-4t41-CI001-24!111	TH	$	9,971 $	8511 S	699
MATTAMY ORlANDO UC	15!11CA!leYPAI.M	OR	1&.Js-27-4941-0001-2500	TH	$	U71  $	6511 $	199
MATTAMY ORLANDO L1C	1511 CAll!Y PALM	OR	J.I-Z5-l7-494UX101-2510	™	$	9,971 $	6511 $	6119
MATTAMYOIUNOO UC	1513 CAREY PAIM	OR	5-l7-<1941-0001-320	TH	$	9,971 $	15& $	699
MATTAMY ORI.AHOO LLC	1515 CAR!'/ PAIM	CIR	U-25-l7-4941·000HS30	TII	$	9,971 $	8511 $	199
MATTAMY ORLANDO UC	1507 CAREY PALM	OR	J.l-25-27-4941-0001-2540	TII	$	9,971 $	5511 $	199
MATTAMY ORLANDO UC	l!ef CAREY PALM	CIR	18-25-27-4941-0001·2550	TH	$	t.971 $	858 $	699
MATTAMY ORLANDO 11.C	1571 CAR!Y PALM	OR	lf-25-a7-4941-000l-2'50	TH	9,971 $	1511 $	09

TH	s	t,!171 $	1!4  $	699

MATTAMY OA!ANDO LLC	15a2CNIDP"1.M	011	lHS-27-IMt-aool-2570	™	$	9,971 $	151 $	699
MATTAMYORINIDOUC	1.53' CAR£'( p-	CIR	lWS 27-4'41-0001-2580
MATTAMY CRINIDO UC	1536CARfYP-	OR	111,-ZS-27-4Ml4101-2!l!IO	TH	$	U71  $	151 $	699
MATTAMYORIANDOU.C	UJICMI.YP-	CIR	lll,-25.Z7-4M1  1-H00	'Ill	$	un $	651 $	&99
MATTAMY otllAIIDO l1C	13'10c:NlfYPAIM	CIR	lll,-ZS.27  4101-2110	TII	$	9.971 $	551 $	899
MATTAMYOIIIANDOLLC	1SG CMEY PMM	OR	1WS.27-4t41-0001-Zl20	'Ill	$	9,!171 $	551 $	e99
MATTAMY ORLANDO LLC	1540 CAll£I' PAlM	CIR	11-25-27-4941-0001-2630	TH	$	9.171 S	851 $	699
MATTAMY OIi.ANDO UC	15'6 CAREY PALM	CIR	1&-2 27-4941-0001-2&00	TII	$	1.971 S	851 $	699
MATTAMYORIANDO LLC	 1541CARfYPALM	 OR  18-2S-27...9'1 ,0001.211511	 TII	 $	 t.971 $	 8511 $	 6!19 MATTAMY ORIANDO UC	1550 CAIIEY PALM	CIR  111,-25-27"""41-0001-!850	 lH	 $	9.!171 $	651 $	 m MATTAMT OlllAIIOO UC	lS.52 CAR!YPALM	CIR  11-23-27-494l-(J001..»71)	lH	$	9,971 $	5511 $	599
MATTNM OIIANDO UC	1554 CAIIEY PALM	CIR	ll-2H7-t941-000l-21180	TH	$	t,971 $	851 $	699
MATTAMY OIIANDO LLC	155e CAREY PALM	CIR	ll-,ZH7...9'1-0001.Z&90	lH	9,971 $	6511 $	699
MATTAMYORIANDO UC	1551 CARfY PALM	CIR	11-,15-27-4941-0001-2700	TH	$	U71  $	151 $	6911
MATTAMY ORIANDO UC	lWI CAAFI PALM	OR	18-2 7-1'41-0001-2710	TH	$	9,971 $	6511 S	599
MATTAMY ORLANDO UC	1562 CAA!Y PN.M	CIA	lll.2S-27-49C1--000l-2no	™  $	9,971 $	6511 $	199

-  --

Total Par Debt Net Anm,al	G""' Moua! Doll!
Aloallanl\er

™	s

Ownu		. Pr!!2!:!!l Addie"		P■ra:II0	l'l'OdUC:t!ll:2!	Volt		lollocat!O<I	Alocatlon Ill MATIAMY Ol!IAHOO llC	1$64 CAA'1'PAlM	CIR	 ll-lS-l7◄911-0001·2730			9,971 $		6511 $		699
MATTAMl' OIIIANOO ILC	1566 CARET PALM	CTR	lWS-%7--641-0001-2740	1M	$	9,!171 $	658 $	899
MATTAMT OIIIANOO 1LC	1568 CARET PALM	CIR	11-lS-27-4!M1-000l-2750	TH	$	9.971 $	858 $	699
MATTAMI' OIUNOO llC	1570 CARET MI.M	CIR	ll-25-27--0001-27&0	1M	$	9,971 $	6511 $	699
MATTAMI' otUNOO LLC	1118 CAREY PALM	CIR	11-25-27..Q4UI001-2nO	TH	$	!.971 $	6511 $	699
MATTAMf ORLAIIOO UC	111! CARET PALM	CTR	1&-25-27-4941-·2780	'111	$	9,971 $	&511 $	699
MATTAMY ORlANOO ILC	1611CAREY PAlM	CIR	U-ZS-27-4941.0001-2790	TN	$	9.!171 $	6511 $	699
MATTAMY ORIANOO UC	1&12 CMfT l'H.M	CIR	11-25-27..Qll--0001-21100	1'l	$	9,971 $	658 $	699
MATT.AMY ORIANDO llC	1810 CARfT PAlM	CIR	1&-25-27-4911--ooot-281.0	1'l	$	1.971 $	658 $	699
MATT.AMY OIIIANDO LLC	lliOII CARET PALM	CIR	1H5-27-'ICJ-0001-21120	TH	$	9,971 $	6511 $	699
MATTAMY OIIUNOO llC	 ll!Q; CAREY PMM	CIR	18-15-27-4941-0001-21130	TH	$	 9.971 $	 6511 $	 &99 MATTAMYOltlAMlOUC	1604CAREYPMM	CTR  JW5-27-1941-0001-2640	TH	 $	9.571 $	1511 $	 11!19 MATTAIIIY OIIINIDO ILC	 lea! CARET PMM	CIR	 IWS-27-4941.000WIISO	TH	$	9,971 $	 5511 $	699
MATTAMY OIIINIDO LLC	1600 CARfYPALM	CIR	1&-Z5-27-Wll-0001.z8!i0	TH	$	9,971 $	858 $	6!19
MATTAMY ORIANDO ILC	15911 CARtY PALM	CIR	1s.;is..v  u.0001-zs;o	TH	$	U71  $	6511 $	699
MATTAMYORIANDO UC	1596 CAR!'/ PALM	QR	1H5-27-494UIOOI-ZIIIIO	TH	$	9,971 $	6511 $	699
MATTAMYORIANOO llC	1594 CAREY PMM	CIR	ltl-25-27-41141.oooI-Zl!!IO	TH	$	9.971 $	658 $	699

,.ms

MATTAMYOl!IANDO llC	lSt2CNDPAI.M	CIR	11-25-27---0001•2900	TH	$	9,971 $	1511 $	699

s

MATTAMYOt!IANDOUC	1!911CARET PALM	CIA	111-25-27-4941--0001-UlO	TH	$ MATTAMYORlANDOUC	15811CARET PAI..M	 CTR	 U-Zs-27-4941--0001-2920	 TH

9,'71 $	6511 $	599
651 $	5'9

MATTAMY OIMNDO llC	1586CARfTPliLM	CIR	ll-2H7-49CJ-0001-2930	TH	$	9,971 $	651 $	699

s

MATTAMY ORLANDO llC	1584 CNl£T PAI..M	QR	11-25-27-4941-0001-2940	1M	$	9,971  $	6511 $	699
MATTAMY ORIANOO UC	15112 CAREY PALM	OR	111-2S-Z7-1§41-000W9SO	TH	9,971 $	6511 $	699
MATTAMY OIMNOO UC	15111CARETPALM	 QR	U-ZS-V-1941.0001-2960	TH	$	9,971 $	 6511 $	8!19 MATTAMYOIII.ANDOUC	 1531 CAR£'I PALM	OR	 U.-25-27-4941..0001-2970	TH	 $	9,971 $	658 $	699
MATTAMY OIi.ANDO UC	1529 CARET PALM	CTR	lll-ZS-27-4!141-1--29110	TH	$	U71  $	1511 $	699

-

MATTAMYOIUNDOUC	1527 CAll!'f' PALM	CIR	JW5-27◄941-l-2990	TH	$	9,971 $	6511 $	699
MATTAMYORIANDOUC	152S CARET PALM	CIR	18-25-27-<194Hl001·3000	1'l	$	9,971 $	8511 $	1591
MATTAM'IORIANDOUC	1573 CM!Y PALM	CIR	U-ZS-27-4!141.0001-3010	TH	$	9,971 $	651 $	899

s

MATTAMYOIIUNDOUC	1S21CARfTPAI..M	CIR	I.W5-Z7-4!14l.0001-311?0	lH	$	9,971 $	1511 $	699

s

MICrTAM'f ORUN>O I.LC	1519 CARET P-	CIR	1M5-27-4!Ml-1-3<BO	TH	9.971 $	658 $	199
a,	MATTAMYOIIINIDOW:	1517 CAR!'/ PAI..M	OR	--1-30'0	lH	9,971 $	6511 $
MATTAMY ORLUIDO LLC	1515 CAREY PALM	CIR	18-25-274141.000,-	lH	$	9,971 $	6511 $	11H

s

MATTAMYOAIANOO ILC	1513 CARl:'f PALM	CIR	18-2H7-4941-0001-3C60	lH	$	9,971 $	658 $	699
MATTAMYOllANDO UC	1511 CMFf PALM	OR	18-25-,27-4941-0001-307()	1M	9,971 $	6511 $	699
MATTAMYORUNIIO LlC	1Sll9CAR!YPALM	CIR	ls.25-Z7-•0001-B-	TH	$	9,971 $	5511 $	699
MICrTAMY ORLANDO LlC	1507 C,,.,PAlM	Cffl	1&-Z5-27-1-G001-3t90	lH	$	9,971 $	651 $	699
MATTAMY OIIANDO UC	1505CAR£'1PAlM	CIR	1&-ZH7-14l01-3100	TH	$	9,971 $	6511 $	699
MATTAMl'OllANDO UC	 15CB CAREY PALM	 CIR	lll.,lS-27-.ooot.,3110	TH	 $	9,971 $	 6511 $	 69' MATTAMY 09'.ANOO LlC	1501 CAREY PALM	CIR	18-25-27-4941.0001·3120	TH	$	9,971 $	6511 $	699
MATTAMT ORIANDO llC	1810 CARl8 N VIEW  TER	18-25-27-494.1-J.4)11)1)	Sf-SO	$	11.981 $	789 S	839
MATTAMY ORLANDO ILC	1804 CARIBBEAN VEW  TER	18-lS-27-l-«IC1-0l10	SF-50	$	11.968 $	789 $	1139

--

MATTAN\' OIi.ANDO llC	1798 CAIUIIBEAN VIEW  TEii	lll-zS-27-.0001.0120	5F-50	$	11,!86 $	789 $	839
MATTAMY O!UIIOO llC	1792 CARIBIEANVllW  T!II	U..25-27-GU-1-0130	5F-50	$	11.966 $	7111 $	839
MATTAMY OIi.ANDO llC	1786 CARIHU\N Y1EW ml	18-25-27--40	SF -50	$	11.96& $	719 $	839
MATTAMT ORIANOO LlC	1776 CARIBll!AN VIEW  TER	1HS-Z7-14101.0150	g,.50	$	11,!161 $	789 $	139

MATTAMT QALAN[l() LLC	1m  CARIBRAN VIEW

lll-2S-27-4Ml.ooot-ol60	SF-SO	$	11,966 $	7119 $	1139

MATrAMY ORUlflllO LLC	lll6i CARIIIWN Vl!W  TBI	18-2H7-<IM1.0001.0170	Sf·SO	$	ll.966 $	789 $	839
MATT.AMY OILAHOO UC	17&0 CMIIBEAN VIEW	1W5-27-494l--0001-01IIO	51'-50	$	11.9811 $	789 $	1139
MATTAMY Olll.AN00 UC	1454 CAIU811fAN VllW  TER	1=7-<1941-GOOl.(ll!IO	SF-50	$	11,!16E $	789 $	1139
MATTAMY OIIL\NDO UC	1748 CAR1BlllAN-	TER	18-25-27-GCl-0001'0200	SF-50	$	11.9611 $	719 $	1139
MATTAMY OIIAHDO IJ.C	1742 CARIBBEAN YllW  TE!I	1S-25-l7-4!141-GID1-0210	SF-50	$	11,966 $	711!1 $	839
MATTAMY ORLANDO UC	16"8 NASSAU POINT	TIil	11-25-27◄!111.Ql0U1220	!11'-50	$	11,ll&t  $	7119 $	639
MATTAM'I OIIIANDO llC	11 NAS1AU POINT	Tl'<I.	1=7◄9'1-0001-0230	!11'-50	$	11,!IH $	789 $	139
MATTAMY Ol!tAN O llC	1140 N.u,AU POllfT	1111.	lll-25-27-49414101-02.-0	SF-50	$	11,966 $	7119 $	839
MATTAMI' OIILANOO UC	!1311 NASSAU l'OllfT	T1!I.	1&-25-27-4941..QJOUJ250	!11'-50	$	11.9611$	711J $	839
MATTAMY Ol!UNOOllC	11132 NASSAU POINT	TRI.	u.;is.:z7-4114l-()001.(1260	SF-50	$	11.966 $	119 $	139

.Pr AddR:U
162411Al15AUPOINT

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TotllPW Dobt N

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1W5-27-49'1.0001·-0:z70 U-U-27.-J.4Xll.O:Z,C, 1&-25-27-4941.000]-0 lll-2S-17-4!MUJCI01-0!00 18-2S-Z7-4!Ml-(I0014Jl0

Proch,<1:!)E!
SF -SO 51'.,o

$

s

Un

16221 IIAS$AU POINT	TRl

ll.9&1 $

11.966 $-

Owner
MATTAM'I' ORIANDO UC MATTAMl'ORIANDO UC MIIITTAMI' CIRIANDO UC MATTAMI' Oll1ANDO UC MATTAMT ORIANDO UC

AJIOCltlon
7119
1•

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,.-_I

ru

$

1820 NASSAU POINT	llll

an

IB5I

SF •90	$

19Cill NASSAU POINT	TRL

1612 NAS5AU POINT	TIil

SF-50	s
SF-50	$

11.9&1 $
11.9111 $
11.966 $

1•  $

1•

$

71111 $

1139
839
113t

ot Annual D..,f Gre• Annual Debt

MATTAMYORlNIDO U.C	1IIOINASSAUP0tNT	llll	l&-2S-27-4!1414IOHl320	SF •SO	$	11.96& $	718 $	839
MATTAMYOII.ANDOUC	1900NAS.V.UPOINT	TRL	1&-2S-21-4!l414!01-o330	SF ·SO	$	11.!NII $	7118 $	1139

s

MATTAMI' OIIIAN00 UC	1!!16""51SAUl'OtNT	lRl	18-2S-Z7-U)001-	Sf -SO	$	11.IN $	718 $	1139
MA"ITAMT Oll1ANDO UC	1592 NASSAU POINT	TRL	11-ZS-27-4101-0,,0	SF-SO	$	11.!166	78  $	839
MIITTAM'I' ORIANDO U.C	15111 NAS.V.11 POINT	TRL	111-25-Z7-4941-<)001-oJIO	5F-SO	$	11.!l&e $	78!1 $	83P
MATTAMI' 0IUNl)O UC	15MNASSAUPOINT	TIil	1&-25-27-4941-<)001-oJ?O	SF-50	$	11,9611 $	718 $	839
MATTAMYORLANOO UC	15110 NASSAU POINT	TIil	lWS-27-1-<)001-03111	SF-50	s	11.991 $	718 $	839

s

MATTAM'I" OIIIAN00 UC	1575 NASSAU POINT	l1!l	111-2S-Z7-41Ml-OD01.0Jt0	Sf-90	$	U.966 $	7111 $	839

s

MIIITTAMY OllAN00 UC	1sn NASSAU POINT	TIil	111-25-27-49-U-0001-	SF-50	11,966 $	7111 $	1139
MATTAMY 0IUNDO UC	l!A NASSAU PCINT	TRL	1S.CS-Z7-4M1-«I01-0410	SF-50	$	11.9M $	719	839
MATl"AMV ORIANDO W:	15MNAS\AIJPCINT	TRL	111-2S-Z7-4!Ml-	Sf .,o	s	11.!IM $	711!1 $	1139
MATTAMY ORlANllO UC	1560NASSAUPOINT	TRL	1HH7-41141-0001-0UO	Sf-50	$	11,9116 $	711!1 $	1139
MIITTAMY UC	1556 NAS\AIJ POINT	TRl	1&,,1S-Z7-4M1-000l-04<IO	SF-,0	$	11.966 $	7111 $	839
MATTMIY ORIAN00 UC	155Z NASSAU POINT	TRL	18-2S-27-4941-000Hl4SCI	SF-SO	$	11.!IH $	1a  $	839
MATTAMY ORANOO UC	15"8NASSAUPOINT	TRL	111-25 7-4941-0001-4460	SF-50	$	11.!161 $	711!1 $	839

s

MATTAMY OIi.ANDO UC	15"M NASSAU POINT	TRL	111-2H7-4941 0	SF-50	$	U.!166 $	7119 $	&U

s	s

MATI"AMY OIi.ANDO UC	15«1NAZAU POINT	TRL	1Hs-z7-4941.0001-G480	Sf-50	$	11.966	7119 $	1139
MATTAMY OIi.ANDO UC	t.mNASUUPOINT	TRL	11-25-27-4941.0001--	SF-40	$	10,969	723	769
MATTAMYOfUNOOUC	ts.a NASi5ALI POINT	ffll	11-25-27-4941-0001.-0,00	SF-40	$	10.!le!I $	723 $	769
MATI"AMY OAIANDO UC	1Sl4 NASSAU POINT	fflL	1&,.25-27-4941.0001-0510	SF -«I	$	10,!119 $	723 $	769
MATI"AMI' OIUNOO UC	15ZD NASSAU POINT	lllL	1&-25-27-49414l01-0SIO	SF •«I	$	10.lff $	713 $	769

s

MATI"AMY OtllANDO llC	1518 NASSAU POINT	lRL	11-2S-27.-i-0001-05a0	SF-40	$	11).!IH $	723 s	769
MATTAMY 0111.ANDO UC	1512 NAZAU PaNT	TRL	11-2!H7-4!14UI001-0540	Sf --40	$	lCJ.969	713 s	769
MATTAMY 0NAN00 UC	1508 NASSAU POINT	lllL	11-2S-27-4M1-G001-0S50	SF -«I	$	10.969 $	723 $	769

s

MATTAMT ORI.ANDO UC	1!,04 NASSAU l'aNT	TRL	1&-25-27-4941-0001-0!iiO	Sf-40	$	10,989 $	723 $	789
MATTAMY ORLANOO UC	150D NAWIJ POINT	lllL	11-25-27-4941.0001-0570	SF-40	$	10.9119 $	723	719
C0	MATTAMY OflANOO UC	911!11 SUll5HIN£ RIOGt:  LOOP  1&-ZS-27-4941.0001-0510	SF ·SO	s	11.991 $	7111 $	1139
MATTAM'I OAI.ANOO LLC	!IOC7 SUNSHN RIDGI!  LOOP  1&-25-27-4941.0001-0!110	SF -.!O	$	11.919 $	789 $	839

,.

MATTAM'I OAI.ANOO UC	9011i!SUNSltNRIDGI!  LOOP	l8-2S.Z7-49414l01-oeoo	SF ·SO	$	11.9"  $	7tB $	1139

MATTAM'I OIUNDO U.C	9079 SUNSHN RIDGI!  LOOP  11-2S-27-4941-CCl01 10	SF-50	$	11.!16& $
MATTAM'I ORIMDO llC	1075 SUN3HIN! RID«  LOOP  11-ZH7-4!141.0001 0	Sl'-!O	$	Jl.966 $

7811 s	K39
$	1139

MATI"AMY OftlANDO UC	9071 SUNSHINI! RIDGE  LOOP  1&,.ZS-27-4941-0001.-0	 SF-50	$	11.916 $	 7111 $	113!1 MAffAMY ORIANDO 11.C	9067 SUNSHINE RIOGI!  LOOP  l S-27-4!1'1.0001.-	SF-50	 $	 11.966 $	789 $		839

,.

MATTAMY ORIANDO LLC	9063 SUNSHINUID<IE	LOOP  18-ZS-Z7-494U)001-0IISO	SF-50	$	11.966 $	71111 $	BJ9

MATTAMY ORIMDO llC	90511 SUNSHINE RIDGE  LOOI'	t&-U-27-4941.ooot-OIIIO	Sf •SO	s	11.916 $
MAffAMY ORIANDO llC	9055 SUNSHINI! RIOG(;  LOOP	t&-25-27-4!MUI001-0170	SF-50	s	U.9118 $

71111 $	1139
$	113§

s

MAffAMY ORINIDO UC	9051 SUNSIIINE RID« LOOP  18-25-ZH!l<U.ooot-OIIO	51'-50	$	11.!118 s	1•	$	1139
MATTAM'I 01UH00 UC	9047 5UNSHINE RIDGl  LOOP	IWS-27-4941.ooot-aillO	SF-511	s	11.966	718 s	1139
MATTAMY 0111.ANOO W:	'°'3 SUNSHINE RIDGE  LOOP	1S-25-Z7-4941-«I01-0700	SF-SO	$	lt.918  $	71111 $	1139
MATTAMY OlllNtOO llC	9039 5UNSHINI! RIDGE  LOOP  1WS-Z7-'l!l<U.:oclCIM710	SF-50	$	11,1166 $	71111 $	839

MATTAMYOILVftlOllC	!11135 9UNSHIN-!

LOOP	=s-z?◄Hl.ooot-0720	SF-SO	$	11,966 s

,,71..19 $	1139

s

MATTAMY ORI.ANDO UC	 IIOil SUNSHINE lll0GE  LOOP  1a.-2.s-27-4941.(i0()1-o7i0	 SF-50 $ 1:UH $ MATTAMYOIU.ANOOLLC	 9029SIJNSHINl!RIOGI! IDOi'  5-27-4Ml-GCIOUl740	91'-SO $ IUN $ MATTAMYOII.ANDOW:	11025 SUNSHINE RIOGf  LOOP  11-25-27-4941-1 1-0750	 SF-50  $  11.9116

s	139

,.

$	1139
$	1139

MATTAMY OAIANOO U.C	 !1021 SUNSHINE RI	LOOP 1&-ZS-27-4941-0001""7t0	SF-50	$	11.968 $	1• $	'39 MAffAM't' ORIANDO UC	111(1 CAAllltAIIV1'W l!R	S-Z7-4M1-0I01-4177D	 Sf-50	 $	 11,985 $	 7111 $		839

,..

MATI"AMT ORIAN0011C	11Ml CARllllfloN Vl!W  l!R	JJI.ZS-27-4941.(l)Ol-a?ID	SF-50	$	11,966 $	719 $	K39

$

MATTAMY OIIIMDO UC	1112!1 --  l?R  27-4941-0001	SF-50	s	11.!181

$	839

MATTAM't' OIUHDO llC	ms CMlllllfAN VIEW  lB!	18-  7-4Ml.ooot-o790	SF-,0	$	11.966 s	7111 $	113!
MATTAMY ORI.ANDO llC	11123 CMmllfAN VIEW Tl!R	11-ZS-27-4941-0001-41110	SF -50	$	11,966  s	71!11 $	1139
MATTAMY OflUNDO U.C	1817 CN!1111EANWW  Tl!R	11-25-27-4!141.()001,0!IZQ	SF-50	$	llM&  s	719 $	839
MATTAMY ORIANOO LLC	1811CARIBBEAN VIEW  ml	1 5-27-4114l-0001--0l30	SF-SO	$	1l.91i8 s	7119 $	839
MATTAM'I' ORLUro0 UC	1105 CMIIBEAN VIEW  Tl!R	lWs-27.. !Ml-0001-oe«>	SF-SO	$	11.see $	718 $	K39
M.ATTAMY ORIANOO UC	179tCMIBlfAH\41EW  ml	16-2s-z7-4!MHl001""'50	9'·50	$	ii.- $	7tlfl  s	839
MATI"AMY OltLANDO 11C	1793 CARIBBl:AN VIEW  TER	11-25-27-1	SF-SO	$	11.966 $	789 $	839

s

MATTAM"f ORLANDO U.C	171r7 CARIBll:AN VIEW  Tl!II	l&-2S-27-4M1-()0l)l--Oll70	5F-!O	$	lU&G $	7llll $	U9
MA1TAM'l"OIUHDOUC	177! CARIIIEAN v./1  TEii	11-2S.l7-4Ml.OOOU)IIIO	SF-SO	$	11,!ISli $	71111	139

,.

--

Total hr Debt Net Annual Debt Gross AllnualDebt
-•nt	Assessment

s	s

Owner		Prope!:!J:Addia>	 l',r.,,110	Pradud!a!:		u,,	.IIIOQtloo	AlocatlOn !ll MATTAMY ORl>oNOO UC	 1m CAAl8BEAN-vtEW 1ER	 l,lt,'25-27-494UlDOl.Qll90		 SF-50			 ll,966		 78S s'.	 "39 MATTAMY ORLANDO 11.C	1767 CARIBBEAN VIEW  TEI	lll-2S-27-49CUllXll.aJ00		SF-50	$		11,966 s		789 $		839
MATTAMY OIi.ANDO LLC	1761 CARIBBEAN VIEW  1lR	111-25-27-41141.(1)1)14110	SF-50	$	11,966 $	7Nl $	839
MATTAMY ORLANDO W:	1749 CARIBIIEAN VIEW  1lR	lll-25-27-4941-0001-0!IZO	SF-50	$	11,966 $	71!8 s	839
MATTAMY ORIANDO U.C	17-43 CARIBBEAN VIEW 1lR	l&-2S-27-4941.al01-0930	51'·50	$	11,966 $	78!! s	839

s

MATTAMV 0111»1D0 11.C	1737 CARIBBEAN VIEW  1ER	lll-25-27-49414l01-0940	SF-50	s	11.9611 $	189 $	839
MATTAMV ORLANOO 11.C	1731CARIHEAN V1fW  TEii	18-25-27-4941.QlOl-0950	SF-50	11,!166 $	789 s	839
MATTAMY ORLANDO 11.C	1725 CARl881!AN VIEW ml	ll-ZS-27-494Hl001-	SF-50	$	11,966 $	789 s	839
MATTAMYORIMIDOU.C	1719 CARIBRAN VIEW 1ER	1&-25-27-1.(1)1)1-0970	SF-50	s	11,966 $	71l!l s	839
MATTAMY ORINIOO LLC	1&70 SAWl'ER PALM	Pl	1&-25-27-4941-0001-0!lllll	SF-50	$	11,966 $	789 s	839
MATTAMVllla.ANOOW:'	1880 SAW\'EII PALM	Pl	11-25-27-4941-00D	SF-SO	s	11,966 s	789 s	839

s

MATTAMY ORLANDO ll.C	1164 CMIIIIEAN VIEW TEA	l&-25-27-4941-0001-001O	Sf ·SO	s	11,!M& $	789 s	83!1
MATTAMY ORIANDO LLC	1a5I CAAllftAN VIEW  TER	111-2s.;z7.4941-0001-0020	SF-50	$	11,966 $	789	839
MATTAMY OIMNDO LLC	1852 CARIBIIEAN VIEW  TER	11.!S-27-4941-0DDl-0030	SF•SO	$	11,9116 $	789 $	839
MATTAMY ORIANDO LLC	11146 CARIBBEAN VIEW  TER	111-25-27-4941-00DUlC)IO	SF-50	s	11,966 $	719 $	839
MATTAMYORINIDOLLC	1840 CAIIIBBEAN VIEW  TER	1&-25-27-4941-0DDl-0050	Sf-50	s	11,9116 s	7!1!l $	839
MATTAMY ORLANDO LLC	1134 CARIBBEAN VIEW  TER	lll-25-27-4941-0DDl-0060	SF-50	s	ll,!166 $	7&9 $	839
MATTAMY ORLANDO LLC	18211CARIBBEAN VIEW 1ER	1&-25-27-'1941-0DDl-0070	SF-SO	$	11,966 $	719 s	sag
MATTAMYOJll.'HDOLLC	11122 CARIBBEAN VIEW TER	18.!5-27-494UXl01-0080	SF-50	$	11.966 $	7&9 $	839

Tallls	---m	-·	 	m;m		

MATTAMY ORI.ANDO 11.C	1816 CARIBBEAN VIEW  TER	1&-2S-27-494Ul001	Sf-SO	i   .11,966 1	789 i	1139
(11This1maunt lndudes &!Ito aiwrm-.lee• and earlY payment d151Dunt> whenmllected •tlllzfn£ the unllaml mothod.
	nnuol....,....,.nt,.,_		30
...-en Coupon Rate	!>.14%
  Mmmium ual Dtbl'_ ca	s	

Prepared by: Gow-tnmcntal Manacement 5t'n'k'es • Central Flt1rtda. UC
N
0

EXHIBIT C

FINAL ASSESSMENT LIEN ROLL [ATTACHED BELOW]

Resolution 2025-02 (Declaring Solara Phase 1 & 2 Project Complete) Westside Community Development District
Page 7 of 7

Westside CDD
Series 2018 Lien Book			
			
			Outstanding Series 2018	
Parcel ID	Units	Type	Bonds as of 2/17/2025	
18-25-27-4941-0001-0010	1	SOL-50	$10,789.93	
18-25-27-4941-0001-0020	1	SOL-50	$10,789.93	
18-25-27-4941-0001-0030	1	SOL-50	$10,789.93	
18-25-27-4941-0001-0040	1	SOL-50	$10,789.93	
18-25-27-4941-0001-0050	1	SOL-50	$10,789.93	
18-25-27-4941-0001-0060	1	SOL-50	$10,789.93	
18-25-27-4941-0001-0070	1	SOL-50	$10,789.93	
18-25-27-4941-0001-0080	1	SOL-50	$10,789.93	
18-25-27-4941-0001-0090	1	SOL-50	$10,789.93	
18-25-27-4941-0001-0100	1	SOL-50	$10,789.93	
18-25-27-4941-0001-0110	1	SOL-50	$10,789.93	
18-25-27-4941-0001-0120	1	SOL-50	$10,789.93	
18-25-27-4941-0001-0130	1	SOL-50	$10,789.93	
18-25-27-4941-0001-0140	1	SOL-50	$10,789.93	
18-25-27-4941-0001-0150	1	SOL-50	$10,789.93	
18-25-27-4941-0001-0160	1	SOL-50	$10,789.93	
18-25-27-4941-0001-0170	1	SOL-50	$10,789.93	
18-25-27-4941-0001-0180	1	SOL-50	$10,789.93	
18-25-27-4941-0001-0190	1	SOL-50	$10,789.93	
18-25-27-4941-0001-0200	1	SOL-50	$10,789.93	
18-25-27-4941-0001-0210	1	SOL-50	$10,789.93	
18-25-27-4941-0001-0220	1	SOL-50	$10,789.93	
18-25-27-4941-0001-0230	1	SOL-50	$10,789.93	
18-25-27-4941-0001-0240	1	SOL-50	$10,789.93	
18-25-27-4941-0001-0250	1	SOL-50	$10,789.93	
18-25-27-4941-0001-0260	1	SOL-50	$10,789.93	
18-25-27-4941-0001-0270	1	SOL-50	$10,789.93	
18-25-27-4941-0001-0280	1	SOL-50	$10,789.93	
18-25-27-4941-0001-0290	1	SOL-50	$10,789.93	
18-25-27-4941-0001-0300	1	SOL-50	$10,789.93	
18-25-27-4941-0001-0310	1	SOL-50	$10,789.93	
18-25-27-4941-0001-0320	1	SOL-50	$10,789.93	
18-25-27-4941-0001-0330	1	SOL-50	$10,789.93	
18-25-27-4941-0001-0340	1	SOL-50	$10,789.93	
18-25-27-4941-0001-0350	1	SOL-50	$10,789.93	
18-25-27-4941-0001-0360	1	SOL-50	$10,789.93	
18-25-27-4941-0001-0370	1	SOL-50	$10,789.93	
18-25-27-4941-0001-0380	1	SOL-50	$10,789.93	
18-25-27-4941-0001-0390	1	SOL-50	$10,789.93	
18-25-27-4941-0001-0400	1	SOL-50	$10,789.93	
18-25-27-4941-0001-0410	1	SOL-50	$10,789.93	
18-25-27-4941-0001-0420	1	SOL-50	$10,789.93	
18-25-27-4941-0001-0430	1	SOL-50	$10,789.93	
18-25-27-4941-0001-0440	1	SOL-50	$10,789.93	
18-25-27-4941-0001-0450	1	SOL-50	$10,789.93	
18-25-27-4941-0001-0460	1	SOL-50	$10,789.93	
18-25-27-4941-0001-0470	1	SOL-50	$10,789.93	
18-25-27-4941-0001-0480	1	SOL-50	$10,789.93	
18-25-27-4941-0001-0490	1	SOL-40	$9,889.69	
18-25-27-4941-0001-0500	1	SOL-40	$9,889.69	
18-25-27-4941-0001-0510	1	SOL-40	$9,889.69	
18-25-27-4941-0001-0520	1	SOL-40	$9,889.69	
18-25-27-4941-0001-0530	1	SOL-40	$9,889.69	
18-25-27-4941-0001-0540	1	SOL-40	$9,889.69	
18-25-27-4941-0001-0550	1	SOL-40	$9,889.69	
18-25-27-4941-0001-0560	1	SOL-40	$9,889.69	
18-25-27-4941-0001-0570	1	SOL-40	$9,889.69	
18-25-27-4941-0001-0580	1	SOL-50	$10,789.93	
18-25-27-4941-0001-0590	1	SOL-50	$10,789.93	
18-25-27-4941-0001-0600	1	SOL-50	$10,789.93	
18-25-27-4941-0001-0610	1	SOL-50	$10,789.93	
18-25-27-4941-0001-0620	1	SOL-50	$10,789.93	
18-25-27-4941-0001-0630	1	SOL-50	$10,789.93	
18-25-27-4941-0001-0640	1	SOL-50	$10,789.93	
18-25-27-4941-0001-0650	1	SOL-50	$10,789.93	
18-25-27-4941-0001-0660	1	SOL-50	$10,789.93	
18-25-27-4941-0001-0670	1	SOL-50	$10,789.93	
18-25-27-4941-0001-0680	1	SOL-50	$10,789.93	
18-25-27-4941-0001-0690	1	SOL-50	$10,789.93	
18-25-27-4941-0001-0700	1	SOL-50	$10,789.93	
18-25-27-4941-0001-0710	1	SOL-50	$10,789.93	
18-25-27-4941-0001-0720	1	SOL-50	$10,789.93	
18-25-27-4941-0001-0730	1	SOL-50	$10,789.93	
18-25-27-4941-0001-0740	1	SOL-50	$10,789.93	
18-25-27-4941-0001-0750	1	SOL-50	$10,789.93	
18-25-27-4941-0001-0760	1	SOL-50	$10,789.93	
18-25-27-4941-0001-0770	1	SOL-50	$10,789.93	
18-25-27-4941-0001-0780	1	SOL-50	$10,789.93	
18-25-27-4941-0001-0790	1	SOL-50	$10,789.93	
18-25-27-4941-0001-0800	1	SOL-50	$10,789.93	
18-25-27-4941-0001-0810	1	SOL-50	$10,789.93	
18-25-27-4941-0001-0820	1	SOL-50	$10,789.93	
18-25-27-4941-0001-0830	1	SOL-50	$10,789.93	
18-25-27-4941-0001-0840	1	SOL-50	$10,789.93	
18-25-27-4941-0001-0850	1	SOL-50	$10,789.93	
18-25-27-4941-0001-0860	1	SOL-50	$10,789.93	
18-25-27-4941-0001-0870	1	SOL-50	$10,789.93	
18-25-27-4941-0001-0880	1	SOL-50	$10,789.93	
18-25-27-4941-0001-0890	1	SOL-50	$10,789.93	
18-25-27-4941-0001-0900	1	SOL-50	$10,789.93	
18-25-27-4941-0001-0910	1	SOL-50	$10,789.93	

			Outstanding Series 2018	
Parcel ID	Units	Type	Bonds as of 2/17/2025	
18-25-27-4941-0001-0920	1	SOL-50	$10,789.93	
18-25-27-4941-0001-0930	1	SOL-50	$10,789.93	
18-25-27-4941-0001-0940	1	SOL-50	$10,789.93	
18-25-27-4941-0001-0950	1	SOL-50	$10,789.93	
18-25-27-4941-0001-0960	1	SOL-50	$10,789.93	
18-25-27-4941-0001-0970	1	SOL-50	$10,789.93	
18-25-27-4941-0001-0980	1	SOL-50	$10,789.93	
18-25-27-4941-0001-0990	1	SOL-50	$10,789.93	
18-25-27-4941-0001-1000	1	SOL - 50	$10,789.93	
18-25-27-4941-0001-1010	1	SOL - 50	$10,789.93	
18-25-27-4941-0001-1020	1	SOL - 50	$10,789.93	
18-25-27-4941-0001-1030	1	SOL - 50	$10,789.93	
18-25-27-4941-0001-1040	1	SOL - 50	$10,789.93	
18-25-27-4941-0001-1050	1	SOL - 50	$10,789.93	
18-25-27-4941-0001-1060	1	SOL - 50	$10,789.93	
18-25-27-4941-0001-1070	1	SOL - 50	$10,789.93	
18-25-27-4941-0001-1080	1	SOL - 50	$10,789.93	
18-25-27-4941-0001-1090	1	SOL - 50	$10,789.93	
18-25-27-4941-0001-1100	1	SOL - 50	$10,789.93	
18-25-27-4941-0001-1110	1	SOL - 50	$10,789.93	
18-25-27-4941-0001-1120	1	SOL - 50	$10,789.93	
18-25-27-4941-0001-1130	1	SOL - 50	$10,789.93	
18-25-27-4941-0001-1140	1	SOL - 50	$10,789.93	
18-25-27-4941-0001-1150	1	SOL - 50	$10,789.93	
18-25-27-4941-0001-1160	1	SOL - 50	$10,789.93	
18-25-27-4941-0001-1170	1	SOL - 50	$10,789.93	
18-25-27-4941-0001-1180	1	SOL - 50	$10,789.93	
18-25-27-4941-0001-1190	1	SOL - 40	$9,889.69	
18-25-27-4941-0001-1200	1	SOL - 40	$9,889.69	
18-25-27-4941-0001-1210	1	SOL - 40	$9,889.69	
18-25-27-4941-0001-1220	1	SOL - 40	$9,889.69	
18-25-27-4941-0001-1230	1	SOL - 40	$9,889.69	
18-25-27-4941-0001-1240	1	SOL - 40	$9,889.69	
18-25-27-4941-0001-1250	1	SOL - 40	$9,889.69	
18-25-27-4941-0001-1260	1	SOL - 40	$9,889.69	
18-25-27-4941-0001-1270	1	SOL - 40	$9,889.69	
18-25-27-4941-0001-1280	1	SOL - 40	$9,889.69	
18-25-27-4941-0001-1290	1	SOL - 40	$9,889.69	
18-25-27-4941-0001-1300	1	SOL - 40	$9,889.69	
18-25-27-4941-0001-1310	1	SOL - 40	$9,889.69	
18-25-27-4941-0001-1320	1	SOL - 40	$9,889.69	
18-25-27-4941-0001-1330	1	SOL - 40	$9,889.69	
18-25-27-4941-0001-1340	1	SOL - 40	$9,889.69	
18-25-27-4941-0001-1350	1	SOL - 40	$9,889.69	
18-25-27-4941-0001-1360	1	SOL - 40	$9,889.69	
18-25-27-4941-0001-1370	1	SOL - 40	$9,889.69	
18-25-27-4941-0001-1380	1	SOL - 40	$9,889.69	
18-25-27-4941-0001-1390	1	SOL - 40	$9,889.69	
18-25-27-4941-0001-1400	1	SOL - 40	$9,889.69	
18-25-27-4941-0001-1410	1	SOL - 40	$9,889.69	
18-25-27-4941-0001-1420	1	SOL - 40	$9,889.69	
18-25-27-4941-0001-1430	1	SOL - 40	$9,889.69	
18-25-27-4941-0001-1440	1	SOL - 40	$9,889.69	
18-25-27-4941-0001-1450	1	SOL - 40	$9,889.69	
18-25-27-4941-0001-1460	1	SOL - 40	$9,889.69	
18-25-27-4941-0001-1470	1	SOL - 40	$9,889.69	
18-25-27-4941-0001-1480	1	SOL - 40	$9,889.69	
18-25-27-4941-0001-1490	1	SOL - 40	$9,889.69	
18-25-27-4941-0001-1500	1	SOL - 40	$9,889.69	
18-25-27-4941-0001-1510	1	SOL - 40	$9,889.69	
18-25-27-4941-0001-1520	1	SOL - 40	$9,889.69	
18-25-27-4941-0001-1530	1	SOL - 40	$9,889.69	
18-25-27-4941-0001-1540	1	SOL - 40	$9,889.69	
18-25-27-4941-0001-1550	1	SOL - 40	$9,889.69	
18-25-27-4941-0001-1560	1	SOL - 40	$9,889.69	
18-25-27-4941-0001-1570	1	SOL - 40	$9,889.69	
18-25-27-4941-0001-1580	1	SOL - 40	$9,889.69	
18-25-27-4941-0001-1590	1	SOL - 40	$9,889.69	
18-25-27-4941-0001-1600	1	SOL - 40	$9,889.69	
18-25-27-4941-0001-1610	1	SOL - 40	$9,889.69	
18-25-27-4941-0001-1620	1	SOL - 40	$9,889.69	
18-25-27-4941-0001-1630	1	SOL - 50	$9,889.69	
18-25-27-4941-0001-1640	1	SOL - 50	$9,889.69	
18-25-27-4941-0001-1650	1	SOL - 40	$9,889.69	
18-25-27-4941-0001-1660	1	SOL - 40	$9,889.69	
18-25-27-4941-0001-1670	1	SOL - 40	$9,889.69	
18-25-27-4941-0001-1680	1	SOL - 40	$9,889.69	
18-25-27-4941-0001-1690	1	SOL - 40	$9,889.69	
18-25-27-4941-0001-1700	1	SOL - 40	$9,889.69	
18-25-27-4941-0001-1710	1	SOL - 40	$9,889.69	
18-25-27-4941-0001-1720	1	SOL - 40	$9,889.69	
18-25-27-4941-0001-1730	1	SOL - 40	$9,889.69	
18-25-27-4941-0001-1740	1	SOL - 40	$9,889.69	
18-25-27-4941-0001-1750	1	SOL - 40	$9,889.69	
18-25-27-4941-0001-1760	1	SOL - 40	$9,889.69	
18-25-27-4941-0001-1770	1	SOL - 40	$9,889.69	
18-25-27-4941-0001-1780	1	SOL - 50	$10,789.93	
18-25-27-4941-0001-1790	1	SOL - 50	$10,789.93	
18-25-27-4941-0001-1800	1	SOL - 50	$10,789.93	
18-25-27-4941-0001-1810	1	SOL - 50	$10,789.93	
18-25-27-4941-0001-1820	1	SOL - 50	$10,789.93	
18-25-27-4941-0001-1830	1	SOL - 50	$10,789.93	
18-25-27-4941-0001-1840	1	SOL - 50	$10,789.93	
18-25-27-4941-0001-1850	1	SOL - 50	$10,789.93	

			Outstanding Series 2018	
Parcel ID	Units	Type	Bonds as of 2/17/2025	
18-25-27-4941-0001-1860	1	SOL - 50	$10,789.93	
18-25-27-4941-0001-1870	1	SOL - 50	$10,789.93	
18-25-27-4941-0001-1880	1	SOL - 50	$10,789.93	
18-25-27-4941-0001-1890	1	SOL - 50	$10,789.93	
18-25-27-4941-0001-1900	1	SOL - 50	$10,789.93	
18-25-27-4941-0001-1910	1	SOL - 50	$10,789.93	
18-25-27-4941-0001-1920	1	SOL - 50	$10,789.93	
18-25-27-4941-0001-1930	1	SOL - 50	$10,789.93	
18-25-27-4941-0001-1940	1	SOL - 50	$10,789.93	
18-25-27-4941-0001-1950	1	SOL - 50	$10,789.93	
18-25-27-4941-0001-1960	1	SOL -40	$9,889.69	
18-25-27-4941-0001-1970	1	SOL -40	$9,889.69	
18-25-27-4941-0001-1980	1	SOL -40	$9,889.69	
18-25-27-4941-0001-1990	1	SOL -40	$9,889.69	
18-25-27-4941-0001-2000	1	SOL -40	$9,889.69	
18-25-27-4941-0001-2010	1	SOL -40	$9,889.69	
18-25-27-4941-0001-2020	1	SOL -40	$9,889.69	
18-25-27-4941-0001-2030	1	SOL -40	$9,889.69	
18-25-27-4941-0001-2040	1	SOL -40	$9,889.69	
18-25-27-4941-0001-2050	1	SOL -40	$9,889.69	
18-25-27-4941-0001-2060	1	SOL -40	$9,889.69	
18-25-27-4941-0001-2070	1	SOL -40	$9,889.69	
18-25-27-4941-0001-2080	1	SOL -40	$9,889.69	
18-25-27-4941-0001-2090	1	SOL -40	$9,889.69	
18-25-27-4941-0001-2100	1	SOL -40	$9,889.69	
18-25-27-4941-0001-2110	1	SOL -40	$9,889.69	
18-25-27-4941-0001-2120	1	SOL -40	$9,889.69	
18-25-27-4941-0001-2130	1	SOL -40	$9,889.69	
18-25-27-4941-0001-2140	1	SOL -40	$9,889.69	
18-25-27-4941-0001-2150	1	SOL -40	$9,889.69	
18-25-27-4941-0001-2160	1	SOL -40	$9,889.69	
18-25-27-4941-0001-2170	1	SOL -40	$9,889.69	
18-25-27-4941-0001-2180	1	SOL -40	$9,889.69	
18-25-27-4941-0001-2190	1	SOL -40	$9,889.69	
18-25-27-4941-0001-2200	1	SOL -40	$9,889.69	
18-25-27-4941-0001-2210	1	SOL - 40	$9,889.69	
18-25-27-4941-0001-2220	1	SOL - 50	$10,789.93	
18-25-27-4941-0001-2230	1	SOL - 50	$10,789.93	
18-25-27-4941-0001-2240	1	SOL - 50	$10,789.93	
18-25-27-4941-0001-2250	1	SOL - 50	$10,789.93	
18-25-27-4941-0001-2260	1	SOL - 50	$10,789.93	
18-25-27-4941-0001-2270	1	SOL - 50	$10,789.93	
18-25-27-4941-0001-2280	1	SOL - 50	$10,789.93	
18-25-27-4941-0001-2290	1	SOL - 50	$10,789.93	
18-25-27-4941-0001-2300	1	SOL - 50	$10,789.93	
18-25-27-4941-0001-2310	1	SOL - 50	$10,789.93	
18-25-27-4941-0001-2320	1	SOL - 50	$10,789.93	
18-25-27-4941-0001-2330	1	SOL - 50	$10,789.93	
18-25-27-4941-0001-2340	1	SOL - 50	$10,789.93	
18-25-27-4941-0001-2350	1	SOL - 50	$10,789.93	
18-25-27-4941-0001-2360	1	SOL - 50	$10,789.93	
18-25-27-4941-0001-2370	1	SOL - TH	$8,989.46	
18-25-27-4941-0001-2380	1	SOL - TH	$8,989.46	
18-25-27-4941-0001-2390	1	SOL - TH	$8,989.46	
18-25-27-4941-0001-2400	1	SOL - TH	$8,989.46	
18-25-27-4941-0001-2410	1	SOL - TH	$8,989.46	
18-25-27-4941-0001-2420	1	SOL - TH	$8,989.46	
18-25-27-4941-0001-2430	1	SOL - TH	$8,989.46	
18-25-27-4941-0001-2440	1	SOL - TH	$8,989.46	
18-25-27-4941-0001-2450	1	SOL - TH	$8,989.46	
18-25-27-4941-0001-2460	1	SOL - TH	$8,989.46	
18-25-27-4941-0001-2470	1	SOL - TH	$8,989.46	
18-25-27-4941-0001-2480	1	SOL - TH	$8,989.46	
18-25-27-4941-0001-2490	1	SOL - TH	$8,989.46	
18-25-27-4941-0001-2500	1	SOL - TH	$8,989.46	
18-25-27-4941-0001-2510	1	SOL - TH	$8,989.46	
18-25-27-4941-0001-2520	1	SOL - TH	$8,989.46	
18-25-27-4941-0001-2530	1	SOL - TH	$8,989.46	
18-25-27-4941-0001-2540	1	SOL - TH	$8,989.46	
18-25-27-4941-0001-2550	1	SOL - TH	$8,989.46	
18-25-27-4941-0001-2560	1	SOL - TH	$8,989.46	
18-25-27-4941-0001-2570	1	SOL - TH	$8,989.46	
18-25-27-4941-0001-2580	1	SOL - TH	$8,989.46	
18-25-27-4941-0001-2590	1	SOL - TH	$8,989.46	
18-25-27-4941-0001-2600	1	SOL - TH	$8,989.46	
18-25-27-4941-0001-2610	1	SOL - TH	$8,989.46	
18-25-27-4941-0001-2620	1	SOL - TH	$8,989.46	
18-25-27-4941-0001-2630	1	SOL - TH	$8,989.46	
18-25-27-4941-0001-2640	1	SOL - TH	$8,989.46	
18-25-27-4941-0001-2650	1	SOL - TH	$8,989.46	
18-25-27-4941-0001-2660	1	SOL - TH	$8,989.46	
18-25-27-4941-0001-2670	1	SOL - TH	$8,989.46	
18-25-27-4941-0001-2680	1	SOL - TH	$8,989.46	
18-25-27-4941-0001-2690	1	SOL - TH	$8,989.46	
18-25-27-4941-0001-2700	1	SOL - TH	$8,989.46	
18-25-27-4941-0001-2710	1	SOL - TH	$8,989.46	
18-25-27-4941-0001-2720	1	SOL - TH	$8,989.46	
18-25-27-4941-0001-2730	1	SOL - TH	$8,989.46	
18-25-27-4941-0001-2740	1	SOL - TH	$8,989.46	
18-25-27-4941-0001-2750	1	SOL - TH	$8,989.46	
18-25-27-4941-0001-2760	1	SOL - TH	$8,989.46	
18-25-27-4941-0001-2770	1	SOL - TH	$8,989.46	
18-25-27-4941-0001-2780	1	SOL - TH	$8,989.46	
18-25-27-4941-0001-2790	1	SOL - TH	$8,989.46	

			Outstanding Series 2018	
Parcel ID	Units	Type	Bonds as of 2/17/2025	
18-25-27-4941-0001-2800	1	SOL - TH	$8,989.46	
18-25-27-4941-0001-2810	1	SOL - TH	$8,989.46	
18-25-27-4941-0001-2820	1	SOL - TH	$8,989.46	
18-25-27-4941-0001-2830	1	SOL - TH	$8,989.46	
18-25-27-4941-0001-2840	1	SOL - TH	$8,989.46	
18-25-27-4941-0001-2850	1	SOL - TH	$8,989.46	
18-25-27-4941-0001-2860	1	SOL - TH	$8,989.46	
18-25-27-4941-0001-2870	1	SOL - TH	$8,989.46	
18-25-27-4941-0001-2880	1	SOL - TH	$8,989.46	
18-25-27-4941-0001-2890	1	SOL - TH	$8,989.46	
18-25-27-4941-0001-2900	1	SOL - TH	$8,989.46	
18-25-27-4941-0001-2910	1	SOL - TH	$8,989.46	
18-25-27-4941-0001-2920	1	SOL - TH	$8,989.46	
18-25-27-4941-0001-2930	1	SOL - TH	$8,989.46	
18-25-27-4941-0001-2940	1	SOL - TH	$8,989.46	
18-25-27-4941-0001-2950	1	SOL - TH	$8,989.46	
18-25-27-4941-0001-2960	1	SOL - TH	$8,989.46	
18-25-27-4941-0001-2970	1	SOL - TH	$8,989.46	
18-25-27-4941-0001-2980	1	SOL - TH	$8,989.46	
18-25-27-4941-0001-2990	1	SOL - TH	$8,989.46	
18-25-27-4941-0001-3000	1	SOL - TH	$8,989.46	
18-25-27-4941-0001-3010	1	SOL - TH	$8,989.46	
18-25-27-4941-0001-3020	1	SOL - TH	$8,989.46	
18-25-27-4941-0001-3030	1	SOL - TH	$8,989.46	
18-25-27-4941-0001-3040	1	SOL - TH	$8,989.46	
18-25-27-4941-0001-3050	1	SOL - TH	$8,989.46	
18-25-27-4941-0001-3060	1	SOL - TH	$8,989.46	
18-25-27-4941-0001-3070	1	SOL - TH	$8,989.46	
18-25-27-4941-0001-3080	1	SOL - TH	$8,989.46	
18-25-27-4941-0001-3090	1	SOL - TH	$8,989.46	
18-25-27-4941-0001-3100	1	SOL - TH	$8,989.46	
18-25-27-4941-0001-3110	1	SOL - TH	$8,989.46	
18-25-27-4941-0001-3120	1	SOL - TH	$8,989.46	
Total Outstanding Bonds	312		$3,145,000.00	

Section VI

RESOLUTION 2025-03

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE WESTSIDE COMMUNITY DEVELOPMENT DISTRICT ACCEPTING THE CERTIFICATION OF THE DISTRICT ENGINEER THAT SOLARA PHASE TWO IS COMPLETE; DECLARING THE SOLARA PHASE TWO PROJECT COMPLETE; FINALIZING THE SPECIAL ASSESSMENTS SECURING THE DISTRICT’S SERIES 2019 SPECIAL ASSESSMENT REVENUE BONDS; PROVIDING FOR A SUPPLEMENT TO THE IMPROVEMENT LIEN BOOK; PROVIDING FOR SEVERABILITY, CONFLICTS, AND AN EFFECTIVE DATE.

WHEREAS, on October 12, 2004, the Board of Supervisors (“Board”) of the Westside Community Development District (“District”) adopted Resolution 2005-13 authorizing, among other things, the issuance of Westside Community Development District Special Assessment Revenue Bonds in an aggregate principal amount not-to-exceed $85,000,000 in order to finance the costs of the construction, installation, and acquisition of public infrastructure, improvements, and services on lands within the District; and

WHEREAS, the District authorized and issued the $3,230,000 “Westside Community Development District Special Assessment Revenue Bonds, Series 2019 (Solara Phase Two Project)” (“Series 2019 Bonds”), pursuant to the Master Trust Indenture between the District and U.S. Bank National Association, as Trustee, dated February 1, 2005 (“Master Trust Indenture”) and the Fifth Supplemental Trust Indenture between the District and U.S. Bank National Association, as Trustee, dated April 1, 2019 (“Fifth Supplemental Indenture”), for the purpose of acquiring and constructing all or a portion of the District referred to as “Solara Phase Two Project” and

WHEREAS, the District adopted the “Westside Community Development District Engineer’s Report for Phase 1 and 2," last revised October 29, 2007, and as supplemented by the “Second Supplement to Westside Community Development District Engineer’s Report for Westside Phases 1, 2 & 3 (Solara Development, Phase 2)” revised February 14, 2019, as amended from time to time (collectively, the “Engineer’s Report”), which identifies and describes the Capital Improvement Plan for Solara Phase Two, financed with the Series 2019 Bonds (“Solara Phase Two Project”); and

WHEREAS, the Solara Phase Two Project has been completed; and

WHEREAS, pursuant to Section 403 of the Master Trust Indenture, the District Engineer executed and delivered an Engineer’s Certification of Completion dated February 14, 2025 (“Engineer’s Certification”), attached hereto as Exhibit “A,” wherein the District Engineer established completion of, and the completion date of the Solara Phase Two Project; and

WHEREAS, upon receipt of and in reliance upon the Engineer’s Certification, the District’s Board desires to certify the Solara Phase Two Project complete in accordance with the Indenture and to finalize the assessment roll; and

WHEREAS, Section 170.08, Florida Statutes, requires that upon completion of the Solara Phase Two Project, the District is to credit each of the assessments the difference, if any, between the amounts assessed and the actual cost of the improvements.

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

Recitals. The recitals are true and correct and are hereby incorporated into and form a material part of this Agreement.

Authority for this Resolution. This Resolution is adopted pursuant to the provisions of Florida law, including Chapters 170 and 190, Florida Statues.

Acceptance and Certification of Completion of the Solara Phase Two Project. The Board hereby accepts the Engineer’s Certification and upon reliance thereon, certifies the Solara Phase Two Project is complete, as of February 14, 2025, in accordance with the Master Trust Indenture and Fifth Supplemental Trust Indenture.

Finalization of Special Assessments Securing the Series 2019 Bonds. The Board noticed and conducted a public hearing pursuant to Chapters 170, 190 and 197, Florida Statutes, and other applicable law, relating to the imposition, levy, collection and enforcement of special assessments and imposed and levied special assessments pursuant to Resolution Numbers 2017-10, 2017-11, 2018-01 and 2019-13 (the “Assessment Resolutions”). The par amount of special assessments levied pursuant to Resolution 2018-01, adopted by the Board on October 11, 2017, was later revised to $3,230,000 by Resolution 2019-13, adopted by the Board on April 15, 2019 (“2019 Special Assessments”) and, as noted in the Methodology Report (hereinafter defined), any lots remaining in Solara Phase Two without 2019 Series Assessments assigned when the Solara Phase Two Project is fully platted, will be subject to future bond issues and debt assessments. The Engineer’s Certification indicates that the cost of the Solara Phase Two Project was in excess of $3,230,000. Pursuant to Section 170.08, Florida Statutes, and the Assessment Resolutions, special assessments securing the Series 2019 Bonds on all developable land within Solara Phase Two are to be credited the difference in the assessment as originally made, approved, and confirmed and a proportionate part of the actual project costs of the Solara Phase Two Project. Attached hereto as Exhibit “B,” and incorporated herein by reference, is that certain Master Assessment Methodology for Solara Development, Phases 1 and 2, dated September 6, 2017, as supplemented by that certain Supplemental Assessment Methodology for Solara Phase 2 Assessment Area, dated March 22, 2019 (collectively, the “Methodology Report”), which accurately reflects the amount of special assessments securing repayment of the Series 2019 Bonds. Therefore, pursuant to Section 170.08, Florida Statutes, and the Assessment Resolutions, the special assessments on lots specially benefitted by the Solara Phase Two Project are hereby finalized on the lots in the amount of the outstanding debt due on the Series 2019 Bonds in accordance with Exhibit B herein, and is apportioned in accordance with the

methodology described in Exhibit B and with the Final Assessment Lien Roll attached hereto as
Exhibit “C.”

Improvement Lien Book. Immediately following the adoption of this Resolution, the special assessments as reflected herein shall be recorded by the Secretary of the Board of the District in the District’s “Improvement Lien Book.” The special assessment or assessments against each respective parcel shall be and shall remain a legal, valid and binding first lien on such parcel until paid and such lien shall be coequal with the lien of all state, county, district, municipal or other governmental taxes and superior in dignity to all other liens, titles, and claims.

Other Provisions Remain in Effect. This Resolution is intended to supplement the Assessment Resolutions which remains in full force and effect. This Resolution and the Assessment Resolutions shall be construed to the maximum extent possible to give full force and effect to the provisions of each resolution. All District resolutions or parts thereof in actual conflict with this Resolution are, to the extent of such conflict, superseded and repealed.

Severability. If any section or part of a section of this Resolution is declared invalid or unconstitutional, the validity, force or effect of any other section or part of a section of this resolution shall not thereby be affected or impaired unless it clearly appears that such other section or part of a section of this resolution is wholly or necessarily dependent upon the section or part of a section so held to be invalid or unconstitutional.

Conflicts. All resolutions or parts thereof in conflict herewith are, to the extent of such conflict, superseded and repealed.

Effective Date. This resolution shall take effect immediately upon its adoption.

[SIGNATURE PAGE TO FOLLOW]

PASSED AND ADOPTED THIS 4TH DAY OF MARCH, 2025.

ATTEST:	WESTSIDE COMMUNITY
DEVELOPMENT DISTRICT

Secretary	By:	 Its:	

EXHIBIT A

ENGINEER’S CERTIFICATION DATED FEBRUARY 14, 2025 [ATTACHED BELOW]

ENGINEER'S CERTIFICATE

The undersigned representative of Hanson, Walter & Associates, Inc., a Florida corporation., as the designated engineer ("District Engineer") for the Westside Community Development Distiict in connection with the $3,230,000 "Westside Community Development Distiict Special Assessment Revenue Bonds, Series 2019" ("Series 2019 Bonds") hereby certify:
The Distiict Engineer prepared the "Westside Community Development District Engineer's Repmi for Phase 1 and 2," last revised October 29, 2007, and as supplemented by the "Second Supplement to Westside Community Development District Engineer's Report for Westside Phases 1, 2 & 3 (Solara Development, Phase 2)" revised February 14, 2019 (collectively, the "Engineer's Report"), which identifies and describes the public infrastructure deemed necessary for Solara Phase 2, financed with the Series 2019 Bonds, referred to therein as the 2019 Project ("Solara Phase 2 Project"). Phase 2 is identified in the Engineer's Report as Solara Development Phase 2 in Exhibit 2 of the Engineer's Report and the total cost was anticipated to be $9,657,298.01.

The Solara Phase 2 Project has been substantially completed in accordance with the Engineer's Report with no substantial deviations.

Pursuant to Section 403 of the Master Trust Indenture, the Completion Date is hereby established as of the date of this Certificate.
The final cost to complete the Solara Phase 2 Project, as described m the Engineer's Report, was in excess of $3,230,000.

Tract P-3A (formerly known as Tract P-3) has been conveyed to the District; however, due to alleged construction defects, the pond tract is cmTently the subject of potential litigation.

Name: Mark Vincutonis
Title:	De5?77-!C-T  EAl&,Je- -&
Dated:	:J -{ Y - Aq;

EXHIBIT B METHODOLOGY REPORT

[ATTACHED BELOW]

MASTER ASSESSMENT METHODOLOGY
FOR SOI.ARA DEVELOPMENT., PHASES 1 AND 2

FOR

WESTSIDE
COMMUNITY DEVELOPMENT DISTRICT

Date: September 6, 2017

Prepared by

Governmental Management Services - Central Florida, LLC 135 W. Central Blvd, Suite 320
Orlando, FL 3280-1	--

Table of Contents
Introduction ...............................,...."········· ·························	3
Purpose ......................................................................................,	3
Background	,, 3
Special Benefits and General Benefits .............................................,.	4
Requirements of a Valid Assessment Methodology ............,	5
Special Benefits Exceed the Costs Allocated .........................,.,	5
Assessment Methodology ..................................n••·········"·····	5
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
True-Up Mechanism	8

Assessment Roll ................................................1-1••···•"v••···..••••• ..······"••············	8
Table 1: Development Program	9
Table 2: Infrastructure Cost Estimates ...................v	10
Table 3: Bond Sizing.....................................................................,	11
Table 4: Allocation of Improvement Costs .............................................;	12
Table 5: Allocation of Total Par Debt to Each Product Type .....................,	13
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 158 of the
Securftles and Exchange Act of 1934, as amended. Similarly, GMS CF, LLC does not provide the Westside Community Development District with financial
advisory services or offer investment advice in any form.

.0	Introduction

Thl, Westside Conununity Developnwnt District is a local unil of spedal-purpos( government organized and existing under Chapb r 190., Florida Slalut<!s (the "Dlslrict"), as am.ended. Thn District c.111tidpates the issuance of, not to exceed, $13,000,000 of special assessment bonds in one or more series ("Solura Development, Phases 1 and 2 Bonds"). The Solarn DeveJopmenl, Phases 1 and 2 Bonds are anticipated to fund cerlah, infrastructure improvements that benefit Westside Phase Thrm collectively referred to as Solara Development, Phases 1 and 2. The in.frastruclurn to be financed is identified in. lhe First SLtpplement lo Westside Communily Dev<dopmen.l Distrkt
Engineer's Reporl for Westside Phase t 2 and 3, dt1t<-1d Sep i l (· -- 2Q171 for Community wide
CapiL.al Improvements prepared by Hunson, Walter & Assodatt?s (the "Enginec l s Reporl")i,

.1.   Purpose

This Master Assessm.enl Melho<lology for Solara Deve)opment1 Phast! ·1 and 2 (lhe "Assessnwnt Report11) provides for an a.ssessment m.elhodology for allocating the debt antidpa.ted to be incurn-1d by the District lo benefit.ing properties within Solara Developmen.l, Phasn 1 and 2. This Assessnwnt Report alloc:at<:!s the debt to certain. properlies based on the special benefits each receives from the Solara Development, Phase 1 and 2 Project, as delineatmJ in the Engine r's Report. This Assessment Report will be supplemented with orn or more supplenumtal rn.ethodoloey reports lo reffo<:t the actual ltmns and l:onditions al lhe Lime of the issuance of (?ach sei·i<:1s o( the Solara Devdop1rnmt, Phase 1 and 2 Bonds. This Assessment Rc port is designed to con.form lo the rnquimmenls of Chapters 190 and 170, Florida Statutes with respect lo spt!<'ial assessments and is consistent with our understa.ndi11g of case law on lhis subject.

The District intends to impose non ad valorem special assessments on the benefited lands within Solara Development, Phase 1 an.d 2 based on this Assessment Rt1port. It ls anticipated that all of the proposed special assessments will be collected through the Uniform Method of Collection described in Chapter 197.3632, Florida Statub s, or any olher legal means available to the District. It .is not lhe in.tm1t of this Assessment Report to address any other ass<,}ssments, if applicable, that may be levied by the District, a homeowner' s association, or any other w1it of governni<mt.

Background

The District currently includes approxim.ately 1,148.9 acres in Osceola County, Florida of which Phase Three represents approximately .M.& 1 acres. The proposed development
plan is depicted in Table 1 (the "Development Plan"), as provided to the District by Mattmuy Homes the developer of the Solara Development (referred to as "Developer"). The D<:welopmenL Plan envisions approximately 555 residential units. It is r<-:1cognized 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 Pmject (as defined below) include master public facilities

that benefit ce.r,fu· , prope1ties within Solara Development, Phase 1. and 2 of the District. Specifically, the District will construct a.nd/ or acquire certain infrastructure including certain earthwork (exclud·ing any assessable lands in Solara Development, Phase 1 and 2) and roadways, stormwater facilities, potable water, reuse water and wastewater, electrical underground.mg differential, landsc:aping, and hardscaping as detailed in the Enf ineer's Report. The acquisition and construction costs are summarized in Table 2 (herein, the 11Solara Phase l and 2 Project"),

The assE:}ssment methodology is a fou..r-step process.

TI1e DistTict Engi.nee1· must first determine the public infrastructure improvements and servi.ces that may be provided hy the District and the costs to implement the Solara Pha , 1 and 2 Project.
The District Engineer determines the assessable acres that benefit from the District's SoIara Phase 1 and 2 Project.
.3. A calculation is made to determine the fu.11ding amounts necessary to acquire and/ or construct the Solara Phase 1 and 2.
4. This assessments are initiaUy divided equally among the benefited properties on a prorated gl'Oss acreage basis. As land .ts platt1:1d, this amount will be allocated to each of the benefited properties based on the number of plalted units and 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 properly within Solara Phase 1 and 2, different in kind and degl'ee 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 arc incidental :in nature and are read.fly distinguishable .from the special and peculiar benefits., which accrue to certain property within the District. The implemmt:ation of the Solara Phase 1 and 2 Project enables properties witl1it1 its boundaries lo be developed. Without the District's Solara Phase 1 and 2, there would be no infrastrucL-ure to support development of land within the District. Without these improvemcnts1 development of the property within the District would be prohibited bylaw.

TI1ere is no doubt that the general public and property owners outside Lhe District will. benefil from U1e provision of the District's Solara Phase 1. and 2 One Project. However1 these benefits will be incidental to the District's Solara Phase 1 an.d 2 Project, which is dt-? igned solely to meet the needs of property withit1 Solara Phase 1 and 2 of the District. Prope1'ties outside the District boundru·.ies do not depend upon the District's Solara Phase 1 and 2 Projecl.  The property owners within the Solara

Phase 'l a11d 2 are thf;refore rece.iving special benefits not recpjved by those outside the District's boundaries.

Requirements of a Valid Assessment Methodology

There are lwo requirements under Florida law for a valid special assessment

The properties must receive a specia1 benefit from. U1e improvements being paid for.
The assessmenls must be fairly and reasonab1y allocated lo the properties being assessed.

Florkia law provides for a wide application of spec.iaJ assessmenls that meet these two characteristics of special assessments.

Special Benefits Exceed the Costs Allocated

The special benefits provided to the p.roperty owners within the Solarn. Development, Phasn land 2 are greater than the costs assodaled wiU1 providing lhese benefits. The District Engineer estimates that the Solara Phase 1 and 2 Pmjcct, that is necessary to support full dev lopment of property within Solara Development, Phase 1 and 2, w.ill cost approximately $10,201,194. T11e District's Underwriter projefts tl1at financing costs required to fund U1e infrastructure improvements, including the Solara Phas"' 1 and 2 Project, the cost of issu nce of the Bonds, the funding- of debt service reserves and capitaliz.ed 11,terest, will be approximately $13,000,000. Without the Solara Phase 1 and 2, the pwperly within Solara Phase 1 and 2 would not be able to be developed and occupied by future residents of the development.

0	Assessmeut Methodology

Overview

The District may issue up to $i:p;oo_o;oQQ in Solara .Phase 1 and 2 Bonds to fu11d the District's Solara Phase 1 and 2 P1'oject, provide for capitalized interest, a debt service reserve account and cosl of issuance. It is the purpose of this Assessment RP.port to allocate the $13,000,000 in debt to the pt·opertics benefiting from the Solara Developmenl, Phasci 1 and 2 Project.

Tible 'l identifies the land uses as indicaled by the Develope.r of the land within Solara Phase 1 anu 2. The construction costs needed for completion of f11e Solara Phas(} 1 and 2 Project are outlined in TabJe 2. The :unpmvemenls needed to support Lrie Development Plan are described in detail in the Engineer's Rt porl and are c stimaled Lo cost $10,201,194. Based on the estimated. costs, the size of the hond issue needed lo generate funds to pay for the SoIara Development, Pha.Sf 1 and 2 Project and

related costs was determined by the District'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 complete.d. 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.

The initial Master debt assessments will be levied 011 the gross acres within Solara Develop1mmt, Phase 1 artd 2 and then as platting into residential lots occurs such debt assessm.ents will be assigned to the platted lots. A fair and reasonable methodology allocates the debt assessments incurred by the District p.roportionately to the properties receiving the special benefits. At this point all of the lands witllin the Solara Devdopment, Phase 1 and 2 are benefiting from the improvements.

Once platting of lots or the recording of declaration of condominium, (11 Assigned Properties") has occurred and lots are developed, the assessments will be assigned to the Assigr1.ed Properties based on the benefits they nxeive. The Unassigned Properties., defined as property that has not been platted, will continue to be assessed on a pet acre basis. Eventually t11e development plan will be completed. and the debt n lating to the Solara Development, Phase 1 a11.d 2 Bonds will be allocated to the planned 555 residential units within the Solara Development, Phase 1 and 2. TI1e 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 trne-up payment from the Developer is required. The process is ouUined in.Section 3.0

Tho assignment of debt assessments 111 lhis Assessment Report sets forlh the procc ss by whkh debt is apportioned. As mentioned herein, lhis Assessment Report will be supplemented from time to' time.

Allocation of Benefit

The Solara Phase 1 and 2 Project consists of certain earthwmk (exdud.ing any assessable lands in So1ara Dcveloprnent, Phase 1 and 2) and roadways, stormwater facilities, potable water, .reuse watcl' and wastewate.r, electrical undergrounding differential, landscaping, and hardscaping as detailed in the Engineer's Report, and professional fees along with related incidental cosls. There 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 e'ERU"). Table 4 shows the a1loca.tion of benefit to the particular land use. It is important to note that the benefit derived from the Solara Phase 1 and 2 Project on the particular units exceeds the cost that the units will be paying for mch benefits.

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. These iJ.1clude certain earthwork (excluding any assessable lands i11 Solara Development, Phase 1 a11d 2) storm.water facilities, potable water, reuse water and wastewater, electrical undergroundi11g differenlial, landscaping, and hurdscaping, and professional fL.-... s along with relaled incidental costs. The Solara Phase 1 and 2 Project improvements accrue in differing amounts and are somewhat dependent on the type of land use receiving the special benefits peculiar to those properties, which flow from the logical relationship of U1e m11)rovements to the properties.

Once these determinations are made, they are reviewed in the light of the special benefits peculiar to the property, which flow to the properties as a result of their logical connection from the in1provements in fact actually provided.

For the provision of the Solara Phase 1 and 2 Project, the sp(: cial 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 ascerl:ainabl{-!, but are not yet capable of being calculated as to value with mathematical certainty. However, each is .more valuable than eil:her the cost of, or the actual non-ad valorem special assessme11t levied for the improvement or the debt as allocated.

Lienability 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 fhe Engineers Report is delineated in Table 5 {expressed as Allocation of Par Debt per Product Type).

The determination has been made that the duty to pay the non-ad valorem special assessme11.ts is fairly and reasonably apportioned because the special and peculiar benefits to the property derived from the acquisition and/ or conslruction of ll1e Solara Phase 1 and 2 Project have been apportioned to the properly according to reasonable estimates of the special and peculiar benefits provided consistent with the product type categories.

Accordingly, no acre or parcel of property within Solarn Phase 1 a11d 2 will have a lien for the payment of any non-ad valorem special assessment more than the determb.,ed special benefit peculiar to that property and the efore, the debt allocation will 11ot be increased more than the debt allocation set forth in this Assessment Report.

fo accordance with the benefit allocation suggested for the product type in Table 4, a total debt per unit and an annual assessment per unit have be: en calculated for the one product type (Table 6). These amounts represent the preliminary anticipated per unit 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.

Troe Up Mechanism

Although the Dic,trict does not process plats, declaration of condominiums, site plans or revisions thereto for the Developer, it does have an important role to play durinlt the course of platting and site planning. Whenever a plat, declaration of condominium or site plan is processed, the District must allocale a porlion of its debt to the property according to this Assessment Report outlined herein. 1n addition, the District must also prevent any buildup of debt on Unassign<:xi. Properly. Otherwise, the land could be fully conveyed and/ or platted without a11 of the debt being allocated. To p1·eclude this, at the time Unassigned. Properties become Assigned Properties, the District will determine the amount of anticipated assessment reve11ue that remain.s on the U11assigned Properties, taking into account the proposed plat, or site plan approval, If the total anticipated asses ment revenue to be g( nerated from lhe Assi.gned and Unassigned Properties is greater than 01· equal to the maximum annual debt service then no adjustmmt is required. In the case that the revenue generated is less then the required a.mount then a debt reduction or true-up payment hy the landowner jn the amount necessary to reduce U1e par amount of the outstanding bonds to a level that will be supported by the new net annual debt service assessments.

Assessment Roll

The District will initially distribute the liens across the property plalled. into residential lots vvitl1in Solara Development, Phase 1 a1\d 2 of U1e District boundaries" wilh remaining liens placed on unp1atted property 011 an equal gross acreage basis. As Assigned P.roperty becomes known with certainty, the District will refine its allocation of debt from a per acre basis to a per unit basis as shoW11 in Table 6. If the Development Plan changes, then the District will update Table 6 to reflect the changes. The current master assessment roll fol' the Solara Development Phase 1 and. Phase 2 is depicted in Table 7.

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

Product Type		Phase 1	Phase 2	Total	ERUs per Unit (1)	Total ERUs		

Single Family - SO'		
144	
83	
227	
1.20	
272.4		
Single Family - 40t		92	160	252	1.10	277.2		
Townhomes		76	0	76	1.00	76.0		
Total Units*		312	243	555		625.6		

{1) Benefit is allocated on an ERU basis; based on density of planned development,. with Townhome::.: 1 ERU

(0	*- Unit mix is subject to change based on market and other factors

Prepared by: Governmental Management Services - Central Florida, LLC

Phase Three Assessment Area One Project (1)		Phase 1	Phase2		Cost Estimate-

Earthwork	$512,484	$52,530	$565,014	
Roadways	$0	$0	$0	
Ons.ite Collector Roadway Drainage	$1,152,500	$1,590,000	$2,742,500	
Wastewater Collection	$748,850	$600,SCO	$1,349,350	
Potable Water Distribution	$703,100	$524,800	$1,227,900	
Reuse Water Distribution	$361,200	$387,600	$748,800	
Stormwater	$1,195,796	$122,570	$1,318,366	
Landscape, Hards.cape, and Irrigation	$873,600	$729,800	$1,603,400	
Electrical	$35,000	$25,000	$60,000	
Professional and Inspection Fees, Other Misc. Fees	$57,800	$30,840	$88,640	
Contingency	$90,860	$406,364	$497,224	
	Totals	$	5,731,190 $		4,470,004	$101201,194	

WESTSIDE COMMUNITY DEVELOPMENT DISTRICT INFRASTRUCTURE COSTESTIMATES
MASTER ASSESSMENT METHODOLOGY FOR MASTER ASSESSMENT METHODOLOGY FOR SOLARA DEVELOPMENT, PHASES 1 AND 2

....>.
0

(1) A detaiied description of these improvements is provided in the Engineer's Report revised Septemeber 6s 2017 prepared by Hans.an, Walter, and Associates

Prepared by: Governmental Management Services - Central Florida LLC

WESTSIDE COMMUNITY DEVELOPMENT DISTRJCT BOND SIZING
MASTER ASSESSMENT METHODOLOGY FOR SOLARA DEVELOPMENT, PHASES 1 AND 2

Description		Total		
Construction Funds	$		10,201,194	
Debt Service Reserve	$		944,436	
Capitalized Interest	$		1,170,000	
Underwriters Discount	$		260,000	
Cost of Issuance	$		350,000	
Contingency	$		74,370	
Par Amount*	$		13.,000,000	

Bond Assumptions:				
Interest Rate	6.00%
Amortization	30 years
Capitalized Interest	18 months
Debt Service Reserve	Max Annual D/S.
Underwriters Discount	2%	

->.
->.

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

WESTSIDE COMMUNITY DEVELOPMENT DISTRICT ALLOCATION OF IMPROVEMENT COSTS
MASTER ASSESSMENT METHODOLOGY FOR SOLARA DEVELOPMENT, PHASES 1 AND 2

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

Single Family - 501	
227	
1.20	
272.4	
43.5%	
$	4.,441,824	
$	19,568	
Single Family - 401	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	

Totals	555	625.6	100.00%	$	10,201J194

Unit mix is subject to change based on marketing and other factors

-"
I\)

Improvement	Allocation of Par
Costs by	Debt Per Product
Product Type	No. of Units*	ERU Factor	ERUTotals	%ofERU	Product Type**	Type	Par Debt Per Unit

Single Family- 501	227	1.20	272.40	43.5%	$  4;441,824	$	5,660,486	$24,936	
Single Family- 401	252	1.10	277.20	44.3%	$	4 520,094	$	5,760,230	$22,858	
Townhomes	76	1.00	76.00	12.1%	$	1,239,275	$	1,579,284	$20,780	

Totals	555	625.6	100%	$ 10,2011194  $	13,000,000

WESTSIDE COMMUN11Y DEVELOPMENT DISTRICT
ALLOCATION OF TOTAL PAR DEBT TO EACH PRODUCT TYPE
MASTER ASSESSMENT METHODOLOGY FOR SOLARA DEVELOPMENTJ PHASES 1 AND 2

.....
u)

* Unit mix is subject to change based on marketing and other factors
** Balance of Infrastructure Needed for Project to be Funded by Developer

Allocation of Par
Debt Per Product
Product Type	No. of Units*	Type	

Total Par Debt Per Unit	

Maximum Annual Debt Service	Net Annual Debt Assessment
Per Unit	Gross Annual Debt Assessment
Per Unit (1)	

Single Family - 501	
227	
$	5,660,486	
$	24,936	
$	411,228	
$	1,812	
$	1,927	
Single Family-40t	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	

	Totals	555	$	13,000,000 	$	944,436

WESTSIDE COMMUNITY DEVELOPMENT DISTRICT
PAR DEBT AND ANNUAL ASSESSMENTS FOR EACH PRODUCTTYPE
MASTER ASSESSMENT METHODOLOGY FORSOLARA DEVELOPMENT, PHASES lAND 2

...>.

{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

ABLE7
ESTSIDE COMMUNITl' DEVELOPMENT 0\511UCT PREI.IMINARY ASSESSMENT ROLL
MASTER ASSESSMENT METHODOLOGY FOR SOLARA OE\IELOl'MENT, PHASES 1 AND 2

Total Par Debt Net Annual Debt Gross Annuai Debt
	Allocation Per	Assessment	Assessment	
owner	Proeert'! Addn:ss	Parcel ID	ProductTvec	Unit	Allocation	Allocation (1)	

s

MATTAMY ORLANDO U.C	 1850 SAWYER PALM	 Pl	 lS-25-2.7-4941-0001·1000	 SF•SO  $  24,936 $	 1.812 $	 1,927 MATTAMYORLANDO il.C	18(0 SAWYER PIILM  PL	 l:3-25-27-4941--0001-1010	SF-50  s  24,935 $	 1,812 $	 l,927 MATTAMY ORLANDO i.l.C	 1830 SA\l\.'YER PALM	i'L	18-25"',-4&41-000l.-1020	SF-SC   $   24,93$ $	1,.812 S	1,927
MATTAMY ORLANDO U..C	18::0 SAWYER PALM  Pl	18-25-27-4941-0001-1000	SF-50	24,935 $	1,.312 $	1,e21
MATTAMYOOLANOO LLC	1810 SAWYER PALM	PL	18-25-2.7-4941-0001·1040'	SF-50	s	24,936 $	1,812  S	1.927
MATTAMY ORLANDO LLC	lf.!00 SAWVE PALM	Pl	1s-2H7-4941..0::0J.-:;,oso	SF-50	$	24,936 $	1,812  $	1.927
MATTAMY ORLANDO UC	1790 SAWYER PALM	PL	1s-25-i!7-49-4l-!Xl01·1060	Sf-50	$	24.936 $	:l,812  $	1,927
MATTAMY ORLANDO UC	17BO SAWY:R PALM	Pl	lB-25-27-4."41-0001·1010	SF•SO	$	24.936 $	l,&:t2 $	1.917
MATTAMV ORt.ANt>O lLC	1770 SAWYER PALM  PL	 18-25-27-4941·0001-lOSC	SF-50  $  24.93€ $	1,812 $	 l.927 MATTAMY ORLANOO LLC	 1760 SAWYl;R PALM  PL	 18-2S-27-4S4l-0001-1090	 SF-5O  $  24,936 $	 1,812 S	 1,927 MATTAMYORLANOO LlC	1750 SAWYEi, PALM  PL	18-25-27-4941.-0001-1100	SF-50   $   24,936 $	 1.312 $	1.927
MATTAM'f ORLANDO LLC	1740 SAWYER PALM  Pl	ls-25-27-4941·0001-1110	SF-SO  $   24,936 S	1.812 $	1.!!27
MAITAMY 081.AADOlLC	 173!) SAWYER PALM  PL	 15-Z5-27-4941·00Cl·l120	 SF-SO  $  24,9;)6 S	 1.1:!12 $	 1,.927 MATTAMY CUil.ANDO LLC	17.20 SAWYER PALM  Pl	18-2.5-27-4941..0001-1130	SF-SO  $  24,936 $	1.812 $	1,927 MATTAMY OF:l.ANDO LLC	 1720 SA\VYER PALM  PL	 18-2.5-27-4941--0001·1140	 SF-50   $   24,936 $	 1.,812 $	 1,927
MATTAMY ORLANDO UC	9025 SUNSET PALMS	m	18-2S-27-4941..0001-11SO	SF-SO	$	24.936 $	1,812 $	1,927
MATTAMY ORLANDO lLC	 9027 SUt ScH>ALMS	18-25-27-4941-0::,Cl-1160	 SF-50  $  24.936 $	 l.812 $	 1,927 MATTAMV ORI.ANDO LLC	 9029 SUNSETPALMS  TER  18-2.5-27-'941-0001•1170	 SF-50  $  24,936 $	1,812 $	1,927 MATTAM'f ORI.ANDO ll.C	 9031 Sl!NSETPAL'\t.S  TER  18-25-27-4941-0001-1180	 s:::-so  $  2.4,536 $	 1,S12 $	 1,927 MATTAMY ORLANDO LLC	1633 NA.SSAli POINT   TRl   18-2S-27-494l-000l·ll90	SF-40   $   2.2,858 $	 1,66l  $	1,767
MATTAMV ORLANDO LLC	1629 NASSAU POINT  TRL  18-25-27-4941-0001-1200	Sf-40   $   22,85$ $	1,661 $	1,767
MATTAMY ORl.At-100 Ll.C	1625 NASSAU ?Olliff	TRL	18-25-27-4941--0001·1210	SF-40	$	22,858 $	l,661  $	1,767
...>.	MATTAMY O!llA!'IIDO LLC	 1521 NASSAU POIJl.'T	 TRL	18-25-27-4941-CCOl-1220		Sr-40	 $	 22..ass $		1,661 $		 l,767 01	MATTAM'f CtRLANOO U.C	1517 NASSAU POINT	TRL	 18-25--27-4941-0001·1 0		SF·40	 $	22.856 $		1,661 $		1,767 MA1,AMY ORLA DO LLC	1613 NASSAU POINT	TRL		18-25-27-4941-0001-1240	SF·40		$	22,BSS S	l,661 $	1,767
MATTAMY ORLA!\100 LlC	0	lS-25-27-4941-0001-12SO	SF-40	s	:Z2,8S8 $	1.661 $	1.767
MAlTAMY ORLANDO LLC	1616HERONSGREEN	PATH	18.Z5-27-4941-0001-l260	SF-40	$	n,asa $	1,661 $	:1.707
MATTAMY ORLANDO UC	1612 HERONSGREEN	PATH	18-25-2.7-4941-0001-1270	SF -40	$	22,85& S	1,661  $	l;Jfil
MATTAMY om.ANDO LLC	160S HEP.CNSGREEN	PATli	18-25-2.7-1S41-0001-l 80	Sf-40	$	22,858 $	1,661  $	1.767
MATTAMYORLANOO LLC	1604 HERONSGREEN  PATH  1S-25-27-4S4l-0001·1;?$0	SF-40  $  22,858 $	1,661 $	 1,757 MATTAM'/ C:RLANDO UC	 1600 HERONSGREEN  PATH  18-25-27-4941-!l001-BOO	 SF -40  s  22,ass $	 1,651 $	 1,767 MATTAMY ORIJI.NOO LLC	1718 CARiBBEAr \/JEW  TS	1B-1S-27-4941-0001-B10	SF-40   $   22.658 $	 1,QGl $	1,7S7
MATTAMY OIU.A.NDO LLC	1712 CARIB6EAri VIEW T 'l  18-2.5•27-4941-0001-Bl<l	SF ·40	$  22.658 $  1,661 $	1,757 MATIMlY ORLANDO UC	 1706 CARIB EAN ViE'W  iER  18-l5•27-4941-000l·l330	 SF-40  $  22,.&SS $	1,661 S	 1,757
MATTAMY ORLANDO UC	1700 CARlBSEAN VlEW  TER	18-25-27-4941•0001·1340	SF-40	s	22.a..i;s $	1,661 $	1,767
MATTAMY ORLANDO LLC	90l3 SUNSEf PALMS  TER  18-2.S.27-4941-00o'J1·13SO	SF-4-0   $   22.858 $	1,661  $	1.761
MATTAMY OR!.ANOQ LLC	 900'3 SUNSET PAl.:'\11S  TER  l.8-25-27..a.941-0001·1360	 SF-40  $  22,.858 $	 l,661 $	 1,767 MATTAMY ORLANDO LLC	 900.$ :SUNSET PALMS  TER  lS-25-27-4941-000l-13?0	SF-40  $  22..856 $	 1,561 $	 1,767 MATTAMYORIANDO LLC	9001 SUNSET PALMS  TER  18-25-27-'1941-000:-1380	 SF•40  $  22,8515 $	 1.651 $	 1,767 MATTAMY ORLANDO LLC	 9035 EGRET MllLS	 TER  18--25-27-4941-0001-1390	SF-40  $  22,&5& $	 1,661 $	 1,767 MATTAl>.1'1 0Rl4NOO LLC	 9032. EGRET MIU.S	 TER  18-25-2.7-4941--0001·1400	 SF-40  $  22,858 $	 l,661 S	 'l,767 MATTAMY ORIANOO !.LC	 902.8 EGRET MILLS	 T!=R  18-2.5-2.7-4941-0001·1410	 SF-40  $  22,858 $	 1,6&1 $	 1,767 MATTAMV ORI.ANDO U.C	9024 EGRET MIL!.S	'fER   18-25-27-4941-0001-1420	SF-40   $   22,ssa $	1,661 $	1,767
MATTAMY ORLANDO 1.1.C	 9020 EGRITMILLS	 'fER  18-2 7-4941-0001-1430	 SF-40  s  22.ssa $	1,661 $	 l,767 MATTAMY ORi.ANDO llC	9012 EGRET NllllS	11:R  1!!-2.5-27-4941-0001-1440	SF -40  s  22,858 $	 l,661 $	 l,7E7 MATTAMYO ANDO LLC	 900.S EGRET MltlS	 TER   18-25•21-4901-0001•1450	 SF-40   $   22.858	 1,661  $	1,767
MATTAM ORLANOO lLC	9004 EGRET MILLS	TER  18-25-27-4941-0001-1460	 SF-40  $  22,858 $	1,661 $	1,767 MATTAMY ORLANOO lLC	9000 EGRET MILLS.	 TER  l8•25•2i-4941-000l-l470	S -40  $  22,l!SS $	1.561 $	1,767 MATT.AMY ORLANDO LLC	9039 PJ::i.JCAN COVE  TRACE 13-25-27-4:941-000:.•1480	SF-40   $   22,8S8 $	 1,56.l $	1,767
MATTAMY ORLANDO LLC	9035 PEUCAN COVE	TRACE l8-25-2.7-494l-C-001-l490	s -40	s	22,.SSS $	1,651 $	1,767
MATTAMY ORLANDO LLC	9031 PELICAN COVE  TRACE 18-2>2.7-4941-0001-1.50.:)	SF-40   $   22,858 $	l,961  $	1,767
MATIAMV ORLANOO L...C	902.7 PEUCAN COVE	TRACE 18-25-2.7-4941-0JO:t-1510	SF-40	$	22,858 $	1,661  $	1.767
MATIAMYORLANOO LLC	90tS PELICAN COVE  TRACE  l&-25-27-4941-0001-l.520	Sf-40   $   22,ssa $	1,661  $	1,767

Owner	Property ,\,;!Qress

Total Par Debt Net Anno.ii Debt Gross Aimual Oebt•
Allocation Per	Assessment	Assessment
ParcellO	Frocluc;tType	Unft	Allocation	Allocation Ill

->.
O')

MATTAMY ORLANDO LtC	 9015 PELICAA COVE  TRACE 18-2.5-27-494UXl01-15a.O	 SF-40  s  22,85& S	 1.661 S	 1,7E7 MATT.A.MY Ofll.ANDO LtC	 9011 Pl:UCAN COVE  TRACE 18-25-27-4941-000l•l540	 SF-40  $  22,85& $	 1,661 $	 1,787 MATTAMY ORLANDO LLC		Q7 PELICAN COVE  TRACE 18-25-2.7-4941•0001•1550	 SF-40  $  22,853 $	 1,661 S	 1,767 MATTAMY O1!'.ANDO LLC	9003 PELICAN COVE  TRACE 18-2.5-2.7-4941..0001-1560	Sf•40   s  22,858 $	1,661 S	l,i67

s

MATTAMY ORLANDO LLC	9038 PEtlCAN COVE  TRACE  J.8-Z5-27-4941-00-0l-1570	Sf ·40	$   22.858 $	1,661  $	1,767
MATTAMY ORi.ANOO lLC	 9034 PEUCAN COVE  TRACE lS-25-27-4941-0001-1580	 SF-40  $  22,858 $	 1,661 $	 1,767 MATTAM'! ORLANDO U.C	 9030 PELICAN COVl:  TRACE 18-25-27-4941-0JOl-lSSO	 SF·40  $  22,SSS $	1,661 $	 1,767 MA:TAMY ORLANDO llC	9026 PELICAN COVE  TRACE 18-lS-27-4941--0JOl-1600	 SF-40  $  22,858 $	 l,.e&l $	1,767 MATTAMY ORLANDO U.C	9022. PELICAN COVE  TRACI:'. 18-2.S-27-494l-OJOl-1610	SF•40  $  22,858 S	1.661 $	 l.767 MATTAMY ORLANDO LtC	 9018 PELICAN COVE  TRACE l8-15-2i-4941-0001-1620	 SF-40  $  22.ass s  1,561 $	 1,767 MATTAMY ORLANDO LLC	 9014 PELICAN COVE  TRACE 18-25-27-4941-0001-1630	 SF-50  $  24,936 $	 l.812 S	 1,527 MATTAMY ORLANDO l.lC	 9010 ?EUCAN CO\/E	TRACE 18·2S-27-4941-0001-1 0	 Sf-SO  $  24,9!6 $	 1,812 $	 l,927 MATTAMY ORLANDO LlC	 9006 PELfCAN COVE  TRACE 18-15-27-4941-0001-1650	SF•40  $  22,858 $	1,661 $	1;JE7 MATTAMY ORLANDO LLC    9002. PELICAN CO\IE  TRACE 18-25-27--4941-0001-1660   SF-40  $  22..858 $   1,661 $   1:167
MATTAMY ORLANDO UC	9041 FI.AMIIIIGO KEY  WA'f  18-25-27-4941-0001-:!.670	Sf-40   $   22,85& $	1,651  $	l,767
MATTAMYORLANOO UC	 90l7 FlAMiNGO KEY  WAY  18-2$-27-4&41-000l-1680	 SF-4-0  $  22,SSS $	 1,661 S	 1,76'1 MATTAMV ORI.ANDO UC	 9033 HAMlNGO K Y  WAY  18-25-27-49 1-00ol-lS&O	 SF•40  $  22,856 $	 1,661 $	 1,767 MATTAMY ORLANDO UC	 9029 FLAMINGO KEY  WAY  18-2S-27-4941-00ol-1700	 SF-40  s  22,856 $	 1,661 $	 1,767 MATTAM'fORl.ANDO UC	902.S FLAMINGO KEY  WAY  18-25-2.7-4941-0001-1710	 SF-40  s  22.858 $	 l.661 $	 1,767 MATTAM'l OiMNDO UC	9021 FIAMINGO KEY  WAY  18-2.5-27-4941-00C:!.-1720	SF-40  :$  22,SSS $	1,661 $	1,767 MATTAMY ORLANDO LLC	 9017 FLAMINGO !(;y	WAY  1$ 5-2.1-4941-<lOOl-1730	 SF-40  $  22.SSS $	 1,661 $	 1,767 MATTAMV' ORLANDO UC	 9013 fl.AMINGO KEY   WA'f  18-25-2.7-4941-0001-1740	 SF-40   $   22.ass $	 l.661 $	 1.767
MATTAMY ORLANDO LLC	9009 FlAMINW KEY  ;.•JAY  18.:i5-27-4941-0001-11SO	SF-40  s  22.858 S	1.G61 $	1.161
MATTAMY OR!.AIIIDO LlC	9005 FI.AMll'lGO KEY	WAY	18-2.5 7-4 1..0001-1760	SF-110	$	22,8.58 $	1,661 $	1,167
MATTAMYORLAIIIDO U.C	9001 FtAMINGO KEY	WAY	18 5-27-4941-0001-1770	SF-40	$	22)158 $	 l.661 $	1,767 MATTAMY O!\LANDO U.C	 9040 FLA.'•!INGO KEY	 WA'(	 18-iS-'27-49'41-0001-17!0	 SF-50	 $	24,936 $	1,812 $	 l V MATTAMY ORLANDO LLC	 9032 FLAMINGO KEY	 WAY	 18-25 7-494.l-0001•17SO	 Sf-50	 $	 '-4,936 $	 1.812  $	 1,927
MATTAMY ORLANDO U.C	9028 FLAMINGO KEY	WAY	18-25-27-4941-0001-1800	Sf-SO	$	24.936 $	1,812 .$	1.927
MATTAMYORLANDO LLC	 9024 Fl.AMINGO KEY  WAV  18-2S-27 4Hl001-1810	 sr:.so  $  24,936 S	 1.812 S	 1,927 MATTAMY ORI.MIDO l.LC	 9020 f:Mi1INGO KF'/'  WiW  l8-25•27-4941-000l-l820	SF-50  $  24,936 $	 l,Sl2 S	1.92; MATTAMY ORLANDO LLC	 9012 FLAMlNGO 1':EY  WAY  18-25-2i-4941-0001-183:l	 SF,50  $  24,936 $	1,a12 $	 1,927 MATTAMY ORLANDO LLC	 9008 FLAMINGO ltEY  WAY  18·2S-27-4S41-0001-1840	 SF-50  $  24,936 $	 1,812 $	 1,927 MATTAMY ORI.All/DO LLC	 9004 FLAMINGO ID	WAY  18-25-27-4941-000l-:J.$S0	 SF-50  $  24,!136 $	 :!...812 $	 1.,927 MA1TAMY ORi.ANOO LLC	9000 FIAMlNGO 1<£·t  WAY  18-25-27-4941-0001-1860	 SF-50   $   24,:136 $	1,812 $	 1.92"?
MAlTAMY ORLANDO UC	lS.0"'7 NASSAU POINT  TRL  18-2.S.27-454.l-OOOi-1870	SF-50   s  2.4,9?.6 S	1,812  $	!.927
MATTAMY ORLANDO UC	1533 NASSAU POJN'l'   TRL   l!l-2S-27-494l-000l-1880	SF-50   $   24,935 $	1,lU2.  $	1.9.27
MATTAMYORLANDC LLC	 1529 NASSAU PO NT  TIU  1S-25-27-4941-000l-:l.S90	 s;:.50  $  24,936 $	 l,812 $	 1,927 MATTAMY ORI.ANDO LtC	 1525 NASSAU POINT  'ffil  1S-25-27-A$4l--00ol-l900	 SF-50  $  24,936 S	 1.312 $	 1,927 MATTAMY ORLANDO UC	 1Sl7 NASSAU POINT  TIU.  18-25-2?-4941-COOl-1910	 SF-SO  s  24,936 $	 1,812. $	 1,927 MATTAMY ORI.ANDO UC	 1513 NASSAU POIN'r  'ffil  18-25.,2.7-4941-0001-1920	 SF-50  $  24.S36 $	 l,lil2 $	 1,g27 MATTAMY ORLANDO UC	1509 NASSAU POINT  TRL  18-25-27-4941-0001-l9aO	Sf-50  s  24.936 $	 1,812 $	1,927 MATTAMYORLANDO LLC	 1S05 NASSAU POIIIIT  TRL  18-25-27-4941-0001-1940	 SF-SQ  s  24.936 $	 l.812 $	 1,gz7 MATTAMY ORLANOO U.C	 1501 NASSAU ;:,OINT  TRL  1&-25-:!7-4941-C001-l.S50	 SF•SO  s  24,936 $	 1,812 $	 1,927 MATTAMY ORL.\NOO LLC	 1871 SA¼IYER PALM  Pl	13-25-27-4941-0001-1960	 SF.40  $  22,858 S	1.661 $ 1,767 MJ\.1TAMYORIANDO LLC   1261SAWYER F'AlM  PL   13-25-27-4941-0001•1&70   Sr •40  $  22,858 S   1,661 $   1,757 MATTAMY Oflt.ANOC LlC   1851 SAWYER PALM  PL  IS-25-27-4941-CX)Ol-1980  S?-40  $  22,858 $  1,661 $   1,761 M/1.TTAMYORLJ..NDO UC   1845 SA'.'N!:R PALM  PL   18-25-27-4941-0001-1990   SF-40  $  22,8.58 $   l,661 S   1,701 MATTAMY ORLANDO I.LC   1841 SAWYER ?ALM  PL   lS-25-27-4941-0001-2000   SF-40  $  22.SSS $   1,661 $   1,767 MATTAMY ORI.ANDO llC    1S15 SAV-ill'ER PALM   PL   18-25-27-4941-0001-2010   SF-40  $  22.asa $   1,661 S    1;Jfi7
MATTAMV ORLANDO U.c	1811 SAWYER J>AlM	PL.	.1S-25-27-4S41-0:l01-2020	s,,.40	$	22,858. $	1,661 $	1.7&7
MA1TAMY ORLANDO UC	 1801 SAWYER PALM	 PL	 18-25-21-4941-0001-2000	 SF-40  $  22,asa	 l..661 S	 1.,767 MATTAMY ORLANDO i.lC	 1791 SAWY'ER PALM	PL	 lS..ZS-2.7-4941-0001-2040	SF-40  $  22,ass s	1,661 $	1,767 MATTAMY ORLANDO LLC	178.1 SAWYER PALM	 Pl	 lS,2.5-2.7-4941-0JOl-2050	 SF-40  $  12,85& $	 1,6Sl	 1,757 MATTAMY ORLANDO LLC	 1775 SAWYER PALM  ?l.	18-2.5-27-4941-0001-2.060	 Sf-40  $  22,s.sa $	 l,661 S	 1,767 MATTAMY OR!.AN:>O LLC	 1771 SAWYEP. PALM	 ?l	 18-2.S•27-4941-0001·2.II70	 SF-40  $  22.858 $	 1.661 $	1,7E7 MATTAMV ORI.ANDO ll.C	 1761 SAWYER PALM  PL	 18-2.5-27-4942·0001-2080	 SF-40  $  22.858 $   1,661 $   1,767 MATTAl'<AV ORLANDO U.C   1751 SA.WYER PALM  PL   l8-2S--27-4941-0001-2090   SF-40  $  22,858 $   1.661 $   1,767 MATTAMY ORLANDO il.C   1848 SANDY PARK  TRL  lS-25-27-4941-0001-2100  SF-40  $  22.856 $  1,661 $  1,767 MATTAMVORLANOO LLC    1S44 SANDY PARK   TRL   18-25-27-4S41-0001-2110   SF-40  $  ll,858 $   1.561 $    l,767

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Total p..,r Debt Net Annual Debt Gross Annual Debt Allocation Per	Assessment	Assessment
/>.;:reel ID	Product Type	Unit	Alhicatlco	Allocatiori (1)

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la;?. 7-4941-0001-2120	 SF-40  $  22,858 $	 1,Ml $	 1,757 lS-15-2.7-4941-000l-2130	 SF-40  $  2.2$58 $	 1,661 $	 1,7S7 1'&:.cS-27-4941-0001-2140	 SF-40  $  22..&Sa $	 1,661 $	 1,757 lS, 7-4941-0001-2.lSC	 SF-40  $  22.858 $	 1,661 $	 1,757 l,r25-27-4941•0001-21W	 SF-40  $  22,&58$	 1,661 $	 1,767 ltF?-5-27-4941-0:lOl-2170	 SF-40  $  22,8..<;S $	 1,661 $	 1,767 lS-25-27-4941-0001-2180	SF-40   $   22,858 $	1,661 $	1,,767
.1':-?:S-27-4941-0001-2190	SF-40   $   22,858 $	1,661 $	1.767
!S,•?S-27-4941.0001-2200	SF-40   $   22,858 $	1,.661 $	1,767
1H,S-17-4941-0001-2210	SF-40   $   22,858 $	1,661 $	1,767
1$.-25-27-4941-0001-2220	 SF-SQ  $  24,936 $	1,812 $	 1,927 H ·ZS-27-4941--0001-2230	Sf-SO  $  24,936 $	 1,812 $	1,m
1.S 25-27-4S41-0001-224Q	SF-SC	s	24,936 $	1,812 $	1,927
l:Si25-27-4S41-0001-2250	SF·SO  $   24,936 $	1,8:l.2 $	1,527
:l,S~l5-27-494l-0001·2260	SF-SO  $   24,936 $	1,812 $	1,927
:re,.i.5-27-4941-0JOl-2270	 SF-50	 $	24,$6 $	 1,812 $	1,927 1t'l-2S-27-4941-000l-2280	SF-50	s	24.935 S	1,812 $	1,927
1:H>27 41-IXXl1-22SO	SF-50	$	24,936 $	1,SU $	1,927
1&•25-2:7-4941-00Jl-2300	SF-50	 $	24,S,...6 $	 1,&12 $	 :1,92.7 l.S-25-27-4941-0001-2310	SF-50	$	24,536 $	1,812  $	1,927
lS-25-27-4941--0001-2320	SF-SJ	$	24.936 $	1,612 S	1.927
);:e,,;'(5-27-4941-0001-2330	SF- 50	$	24,536 $	1,812 $	1,927
!S·Z.5-27-4941-0001-2340	SF-50	$	24$1.,6 $	 1,812 $	1,927 lt'-2S-27-4941-0001·2350	SF- SO	 s	24,936 $	1,812 $	 1,917
l:S·ZS--27-4941-0C-Ol-2360	SF-50	$	24,936 $	1,812  $	1,.927
1$-15-27-4941-0001-2.370	TH	$	20,780 $	1..510 $	1,606
1$-15-27-4941-0001-2380	TH	$	20,780 $	1.510  $	1,600
11.'i-1'.S-27-4341-0001-2390	TH	$   20,780 $	1,5]0 $.	1,6(6
l&c25-27-4941--0001-2400	Tri	 s  20,780 $	 1,510 $	 1,6(); 1&-25-27-4941-0001-2410	 TH	 s  20.780 $	 1.,510 $	 l,60S i.f:: S-27-4941-0001-2420	TH	s  20,780 $	1,510 $	 l,liOS l&-25-27-4941-0001-2430	 TH	 $   20,780 $	 1,510 $	1,500
l.1>-t'S-27-4941-0001-2440	TH	$	20,780 $	1.5:i.O $	1.606
1:$.,J,5-27-4941-0:!0l-7.450	TH	$	20,780 $	1,510 $	1.600
11i-iS-27-4941-0001-246Q	TH	$	20,780 $	1,510 $	l,6C6
!&-JS-27-4941-000l-2470	TH	$	20,780 $	1.510 $	1,606

s

!S.l:>-27-4941-0001-2480	TH	$	20,780 $	1,510 $	1,606
1,S,,2:S-21-4941-0001-2490	1H	20,780 $	1,510 $	1,606
11:£-15-27-4941-CKX!l-2500	ra	$	20,780 $	1,510 $	1,606
te.JS-27-4941-0001-2510	TH	$	20,7.90 $	1,510 $	1,606
a.:25-27-4941-0JOl-25.20	rn	$	20,780 $	1,510 $	1,606
lE-:Z':>-27-4941-0001-2530	rn	$	20,780 $	1.510 $	1,6-06
tS,,!5-27-4941-0001-2540	TH	$	20.780 $	1,510 $	1,606

s

12:2.5-27-4941-0001-1550	TH	$	20,780 $	1,,510 $	l.606
Je-'tS-27-4941-COOl-2560	TH	20,780 S	1,510 $	1,506
ll!i- 5-27-4941·0001•2570	TH	$	20,780 $	1,510 $	1,606
loi2:i-27-4941-0001•25SO	TH	$	20,780 $	1,510 S	1,606
lS-1 -27-4941-0001-2590	TH	$	20,780 $	1,510 $	1,606
1 -1.5-27-4941-0JOl-2500	TH	$	20,780 $	1,510 S	1,606
l,:\-1:5-27-4941-0001-2510	 TH	 $  20,780 $	 1,510 $	 1,606 1·,i.4-,5-27-4941-0001-2620	 TH  $  20,7&0 $	 1,510 $	 1,606 lf0:25-27-494l-0001-2G30	TH	 $  20,780 $	1,510 $	1,605 H,J5-27-4941-0001·2640	 TH	$  20,780 $	 l.SlO $	 1,606 ':.S·l C,.2'J-494l-OD01-2650	 TH	 $  20,780 $	 l,.510 $	 1,500 tS,:iS-274941·0001-2660	 TH	 $  20,7BO $	 1,510 S	 l,606 1  .i,-27-4941-0001-2670	 TH	 $   20,780 $		1,510 $	 1,60c
1'!.·  r27-4941-000l-2680	Tl-I	$	20,780 $	1,510 $	1,606
.tt,i::,.:Z7-4941-0001•2690	TH	$	20,780 $	1,510 $	1,605
.1,,t,2::,-2.7-4941-0001-2700	TH	$	20,1ao  $	1,510 $	1,606
::f.,_1:S-27-4941..0001-2710	TH	$	20,780 $	1,510 $	1,605
!&,25•27-4941-0001-2720	TH	$	20,760 $	1,510 $	1,606

Owner	Prope:ty.Address	?am:110
MATTAMY ORLANOO LLC	1564 CAREY PAl:V.

Tot;al Par Debt NetAr.nuat Debt Grasi;.Aooual Debt
Allo,;ation ?er	Assessment	Assessrner.t
Pfod:.ictType	Ur.it	Alloc,tion	Allocation !1)

MATTA;1v\V ORLANDO LLC

CIR	18-25-27-4941-0001-1730	TH	s	20,780  $	1,510 S	1,606
1566 CAREY PAL:vl	CIR	18-25-27-4941-0001-2740	TH	$	20,780 $	1,510 $	1,606

...,.
(X)

MATTAviY ORLANDO LLC	1568 CAREY PALM	 CIR	l.8-25-27-4941-0001-2.750	 TH	 s  20.780 $	 1,510 $	1,6j):, MATTAMY ORLANDO LLC	 1570 CAREY PAL.'\11	 CIR  18-25-Z7-4941--0001-2760	 TH	s  20.780 $	 1,510 $	1,E06 MATTAMY ORI.ANDO LLC	 1618 CAREY PAL,\<l	 CIR  18-25-27-4941-0001-2.770	 TH	s  20,780 $	 1,S10 $	 Ui06 MATTAM\'ORLANDOLLC	 1616 CAREY FALM	 CIR  l&-25-27-4941--0001-2780	 TH	 $  20,7SO $	 1,510 $	 1,60.:, MATTAMY ORLANDO LLC	 1&14 CAREY PAL'\/,	CIR   18-25-27-4941-0001-2790	n-l	 $   20,780 $	1,510 $	 1,600
MATTAMY ORLANDO llC	16:U CAREY PALM	CJR   lS,.2$.,27-4941-0001-2800	TH	$   20.780 $	1.510 $	u,;x;
MAiiAMY ORLANDO UC	 1610 CAREY PALM	ClR  18-25-27-4941-0001-2810	 TH	 s  20,780 $	1.510 $	 1,606 MATTAl'\4V ORLANDO llC	1€08 CAREY PALM	OR	18-2.S-27-4941-0001-2.82.0	TH	 $  20,760 $	 1.510 $	1,606 MATTAl"\/lY ORLANDO llC	1€00 CAREY PAL	 C:R	18-2.S-27-4941-0001-2.K30	 TH	 $  20,7&:l $	 1,510 $	1,606 MATTAMY ORLANDO U.C	 1604 CARE'f PA:.M	 CiR	 lS-2  7-4941-0001-2840	 TI-i	$	20.780 $	1,510 $	 1.606
MATTAMY ORLANDO LtC	1602 CAREY PALM	CIR.  18-25-27-4941-C-OOl-2850	TI-i	$   W.780 $	1,510 $	1,606
MATTAMY O LANOO U.C	 1600 CAREY PALM	 CIR  18·25-27-4941-0001-2860	 TH	 $  20,780 $	 1,510 $	 1,606 MATTAMYORLANDO LLC	1598 CAREY PALM	CIR  13-25-27--4941-0001-2870	TH	 $  20,780 $	1,SlO $	1,6C6 MATTAMi' ORLANDO LLC	 1596 CAREY PALM	 CIR  18-25-27-4941.0001•2880	 TH	 $  20,780 $	 1,510 S	 l,606 MATTAMYORLANOO LLC	 1594 CAREY PALM	 CIR  18-25-27--4941-<XlOl-2890	 TH	 $  20,780 $	 1.510 $	 1,606 MATTAMYORLANOO LLC	 1592 CARE'{ PALM	 CHI  18-25-27-4941-0001-2900	 TH	$  20,780 $	 1.510 S	 l,&c6 MATTAMY ORl.A:'1100 llC	 1590 CAREY PAt.M	 C1R   18-25-2.7-4941-0001-2910    l'H   $  2.0,780 $    1,510 $    1,606
MATTAMYORLANDO LLC	1583 CAREY PALM	Ct	18-25-27-4941-0001-2.920	TH	$   20,780 $	1,510 $	1,606
MATTAMY ORI.ANDO LLC	 1586 CAREY PALM	 QR	 18•25-27-4941-0001-2S30	 TH	 $  20,780 $	 1.510 $	 1,605 MAITAMY ORLANDO LLC	 1584 CA. E'fPALM	 ClR	 lB-25-27-4941--0001-294-0	 TH	 $  20,780 $	 1,510 S	 l,606 MATTAMY ORLANDO LLC	 1582 CAREY PALM	 CIR	 1&•25-27-4941-0001-2950	 iH	 $  20,780 $	 1,510 $	 l.E05 MATTA.MY ORI.ANDO LLC	 t.580 CAAEYPAlM	 CIR	l&-25-27-4941-C:001-2960	iH  s  20,780 $	1,510 $	l,E06 MATTAMY ORl.ANOO lLC	1531CAREY PALM	CIR  18-25-274941-0001-2970	 TH	$  20,780 $	 1,510 $ 1,606 MATTAMY ORH\NOO lLC    1529 CAREY PALM   ClR   18-25-27-4941-COOl-2980    TH   $   20,780 $    1,SlC $    1,500.
MATTAMY ORLANDO lLC	1527 CA. l:Y PAlM	ClR   18-25-27-4941-0001-2990	TH	$   20,780 $	1,SlO $	1.600
MATTAMY ORLANDO LLC	1525 CAREY PALM	ClR	18-25-27-4941-0001 3000	TH	$   20,780 S	1,510 $	1,600
MA1TAMY ORLANDO LLC	1523 CAREY PALM	ClR	18-25-2.7-4941-0001-3010	,H	$   20,7!!0 $	1,510 $	1.606
MATTAMYORLANOO tl.C	1521 CAREY PALM	ClR	18 5-27-4941-0001- 0	TH	$   20,780 S	1,510 $	1,600
MATTAMY ORLANDO UC	1519 CAREY PALM	 ClR	18-25-2.7-4941--0001-l030	TH	$  20,780 $	 1,510 $	1,600 MATTAMY ORLANDO LLC	1517 CAREY PALM	 ClR	18-2.S-27-4941-0001-3.040	 TH	 $  20,780 $	1,510 $	1,600 MATTAMY ORlANOO LLC	1515 CAREY PALM	CIR	1g..z5.z74941-0001-30SO	 TH	 $   20,780 $	1,510 $	1.600
MATTAr"1Y ORLANDO LLC	1513 CAREY P.t.Ltvl	CiR	18-25-2.7-4941-000BOSO	T'H	$   2.0.780 $	l,510  $	1,6C6
MATTAt.1Y ORLANDO LLC	1511CAREY PALM	CIR	1 25-27--4941-0001-3070	11-1	 $	20,71:10 $	 1,510 $	:t,6C6 MATTAMV ORLANDO LLC	1S09 CAREY PAL\.!	CiR  18-2S-2i-4941-0001-30SO	 TH	$  20,780 $	 1,510 $	 :1,6C6 MATTAMY ORLANDO lLC	 1S07 CAREVPAU\t.	CiR	18-25-27-4941-0001-:1090	 TH	 $  20,780 $	 1,510 $	 1,606 MATTAMY ORI.ANDO Uc	 1505 CAREY PALM	 CiR   18-25-27-4!141-0001-3100	 TH	 )	 20,780 s	1,510  $	 1,606
MATTAMY ORLANDO lLC	1503 CAREY !'ALM	C1R	1  5-2.7-4941-0001-3110	TH	$   20,78() $	1,510 $	1,605
MATTAMY ORLMIOO U.C	 1501 CAREY PALM	 ClR	1S-2SC27-4S41-0001-312.0		TH	$  20,780 S	 1,510 S	1,606 MATTAMY ORI.ANDO LLC	 1&10 CAR!SSEAN ViE\.\' TER  18-25-27-4941-0001-0100	 SF-50  $  24,$36 S	 1,&12 $	1,927 MATTAMY ORI.ANDO LLC	 1804 CARIBBEAN Vi£>\/ TER  18-25-27-4941-0001-0llC	 SF-so  $  24,936 $	 1,312 S	 1,9 7 MATTAMY OR!.MlOO LLC	 1798 CARIBSE,i.N Vi	TER	 lS-;ZS-27-4941-0001-0120	 SF-so  .$  24,.936 $	 l,o12 :S	 l,!!17 MATTAMY ORLANDO ltc	 1791. CARIBBEAN v• v TER  18-25-27-4941-0001-0130	 SF-50  $  24,936 $	1.8-12 $	 1,927 MATIAM'I' ORLANDO llC	 1786 CARl6B:A.'I V:f:W  TER  lS-25-27-4941-0001.-0140	SF-50		24,936 S	 1,812 S	1,927 MATTAMY ORLANDO LlC	1776 CARIBS.EAN VIEW  TER  18-25-27-4941-0JOl-OlSC:	 SF-SO   $   24,93$ $    1,812 $    1.927
MATTA MY ORLANDO li.C	1772 CAR!SSEAN VIEW TER  18-25-27-49<11-0001-0160	SF-SO   $   24,936 $	1,812. $	1.927
MATTAMY ORLANDO tlC	1866 CARIBBEAN VlEW  TER	18-2.5-27-4941-0001-0170	SF-SQ	$	24,936 $	1,812. $	1,927
MATTAMYORLAfiDO LLC	 1760 CAAtBBEAt,, VlE'IJ TER	18-25-2.7-4941-0001-0180	SF-SO	 $	 2.4,935 $	 1,812 $	1.,927 MATTAMY ORLANDO i.LC	 1854 CARIBBEAN VlEW TER	 18-2.5-2.7-4941·0001-0190	 SF-SO	 s	 2.4,936 $	1,812 $	 :l,927 MATTAMY ORLANDO UC	 1748 CARll!BEAN VIEW  TER	 18-25--27--4941-0001-0200	 SF ·SO	 $	24,936 $	 1,812 S	UV MATTAMY ORLANDO U.C	1742 CARIBBEAN VIEW  T!:R	 18-25--27-4941-0001-0llO	SF-50	$	24,935 $	 1,812 $	1,927
MATTAMY ORI.ANDO Ll.C	1648 NASSAU POltH	TRL	18-25-27-4941-0001·022.0	Sf-50	$	24,936 $	1,812 $	1,927
MATTAMY ORlANDO LLC	 1644 NASSAU l'O!NT  TRL  l&-25'2.7-4941-0001-02:W	 SF-5C  $  24.936 $	 l,812 $	 1,927 MATTAMY ORLANDO LLC	 1640 NASSAU PO! ,IT	TRL  l!!-25-27-4!J4:l-0001-0240	 SF-SC  $  24,936 $	 1.11,12 $	 1,927 MATTAMY ORI.ANDO lLC	1636 NASSAU POINT  TRL  18-25-27-4941-0001--0250	SF-50  $  24,93G $	1,812 $	1,92.7 MATTAMY 0/U.ANOO UC	 1632. NASSAU ?Cl \IT   TRL  18-25-27-4941-0001--0260	 SF-SO   $   24,936 $	 1,812 $	 1.927

Alloc:ati¢n !"er	Assessment	Assessmem
Owner		Property Addre»		Parcel ID	Product Type		Uni':	Allocation		A!!o ion!l) MATTAMY ORLANDO llC	 1628 NAS'SAU POINT	 TRL	 lB-25·27-4941·0001--0270		SF-So	s		 24,936 S		UH	S		1,927 MATTAMY ORLANDO LLC	1624 NASSAU POINT	TRL	 lS-25-27-4941-00Cl-0280		 SF-So	$		24.93& $		 1,81i $		 1.927
MATTAMY ORI.ANDO LLC	1620 NASSAU POINT	TRL	l&-25-27-4941-00Cl--0290	SF-SO	$	24.936 $	1,8:U  $	1,927
MATTAMY ORLANDO LlC	 1612 NASSAU POINT  TRL  1.S-25--27-4941--0001-0300	 Sf'-50  $  24,936 $	 l,812 $	 l,927 MATTAMYORLANDO llG	 1608 NASSAU POINT  TRL  l&-25-27-4941--0001--0310	 SF-SO  $  2.4,936 $	 1,811. $	 l,927 MATTAMYORLANOO LLC	1604 NASSAU POINT  TRL  18-25-27-4941-0001-0320	 SF-SO  $  24,936 $	1,812. S	 1,927 MATTAMYOR!.ANOO LlC	 1600 NASS.4\U POINT  TRL  1&-25-2.7-4941-0001-0330	SF·SO  $  24,936 S	 l.812 $	1;327 MATTAMY ORLANDO LLC	 :1SSG NASSAU POINT  TRl  la-25-2.7-4941-0001-0340	 SF-SO  $   14,936 $	 1,812	 1.927
MATTAMY ORLANDO tlC	:1592 NASSAU POIITT  TRL  18-25-27-4941-0001-0350	Sf-50   $   24.935 $	1.812 $	1,927
MATTAMY ORLANDO LlC	1588 NASSAU POINT  TRl	18-2S-2.7-4941-000HJ360	Sf-50   $   24,936 $	1,512 $	lf:J27
MATTAMY O.RLA. 00 LtC	1584 NASSAU POINT  lRL	ll!-2.5-27-4941-0001-0370	SF-50   $   24Sa6 s   1.812 $	1.927
MATTAMY ORLANDO LLC	 1580 NASSAU ?OiNT  TRL  18-2S-'27-4941-0C01-0380	 SF-SO  $  24,9;6 S	 1,812 $	 1,927 'MATT.AMY ORI.ANDO LLC	 1576 NASSAU POINT  TRL  18-2S-27-4941-000!..0S90	SF-SO  $  24,936 $	 1,BJ.2 $	 1,927 MA.TT.AMY ORLA.'100 LLC	1572 NASSAU POINT  TRL  1S-2S-27-4941-000l-0400		-so  $   24,93& $	1,S12 .$	1. 927
MATTAMY ORI.Ai'IOO LLC	1568 NASSAU POII\T   TRt   18-25-27-4941-0001-0410	SF-50  s.  24,936 $	1.812 $	1,.927
MATTAMY ORI.ANDO U.C	 15€4 NASSAU POINT  TRt  18-25-27-4941-0001·0420	 SF-SO  $  24,936 $	 2..&12 $	 1,927 MATTAMYORLANDO i.LC	1560 NASSAU POINT  TRL  18-25-27-4941-0001-0430	SF-SO  $  24,936 $	1,812 $	1,927 MATTAMY ORI.ANDO LLC	 1556 NASSAU POINT  TRL  1.8-25-27-4841-0001-040	 Sf•5C  $   24,!l36 $	 1,812 $	 1.927
MATTAMY ORLANDO LlC	1552 NASSAU POINT  TRL  1.8-25-27-4941.0001-0450	SF-50   $   24,936 $	1.&12 $	1,927
MATTAMY ORI.ANDO U.C	 1548. N,r..SSAU POINT  TRL  J.8-25-27-4941..0001-[)460	 SF-50  $  24,936 $	 1,a12 S	 1,927 MATTAMY ORLANDO LLC	 1544 N/1.SSAIJ POINT  TRL  18-25-27-4941-0001-0470	 SF-SO  $  24..936 $	 1.a12 s 1,927 MATTAMY ORLANDO LLC	1540 NASSAU POINT  TRL  18-25-27-4$41-0001-0430	 SF-.50  $  24,936 $	 1,812 $	1,927 MATTAMYCRtANDO Ll.C	1532 NASSAU POlNT  TRL  l8-2S-27-4S41•0001·0490	SF•40   $   22,858 S	1,661  $	 1.767
MATTAMYCRLANDOU.C	1528 NASSAU POINT  TRL  18•2!>-27-4941-0001-0500	SF-40   $   22,858 $	1.661 $	1,767

s

MATTAMYORLANDO LLC	 1524 NASSAU POlNT  l"RL  18-25-27-4941-0001-!>510	 SF-40  $  22,SSS $	 1.6 1 S	 1,767 MATrAMYCRLANOO LtC	 lSZO NASSA\J POINT  TRL  18-25-27-4941-COOJ.-'JS,2,0	SF-40  $  22,858 S	1.661 $	1,767 MATTAM\'CRLANDO LLC	 1516 NASSAU POINT  TRL  18-25-27-4941-0001-0530	 Si'-'10  s  22.858 $	 1.661 $	 1,767 MATTAM'I' ORLANDO LLC	 lSU NASSAU POINT  TRL  .18-25-27-4941-0001-0540	 SF-40  $  22,858 $	 1,661 $	 1,767 MATTAMY ORLANDO LLC	1508 NASSAU POINT  TRL  18-25-27-4941•0001-0550	 SF-40  $  i.i,asa $	 1,661 $	 l.7el MATTAMY ORLANDO tlC	 1504 NASSAU POINT  TRl  18-25-i..7-4941-0001-0560	 SF-<10	22,858 $	 1,661 S	 l,7fil

co

...>.	MATTAMl' ORLANDO llC	1500 NASSAU POINT	TRL	18-25-27-49'11-0001..0S'lO	SF-40	$	22,858 $	1,661 $	1.767
MATT.AMY ORLANDO LLC	9001 SUNSH!NE RIDGE  LOOP  18-2S-27-4941..0001-0580	SF-50   $   24,936 $	1,.812 $	1.927
t,,1ATTAMY ORLANDO UC	9087 SUNSHINE RIDGE  LOOP  18-25-27-4941-0001-0590	SF-SO   $   24,936 $	l,812  $	1.9l7
MATTAM'f ORLANDO llC	9083 SUNSHJNE RIDGE  LOOP  1&-2S-27-4941-0Jo1-osoo	 s;:.50  $  24,935 $	 1,812 $	 1,927 MATTAMY ORLANDO llC	 90i9 SUNSHINE RIDGE  LOOP  18-25-27-4941-0001-0610	 SF-50  $  24.936 $	 1,812 S	 1,927 MATTAl'.1Y OR!.ANDO LLC	9075 SUNSHINE RIDGE  J.OOP  18-25-2.7-4941-<lOOl-0620	SF-50  $  24,936 $	1.812 $	1,927 MATTA JIYO NOOU.C	907l SUNSHINE RIDGE  LOOP  18-25-27-4941-0001-0630	 SF•SO   $   24,935 $	 1,812 $	 1.927
MATTAMY ORLANDO U.C	9067 SUNSHINE RIOGE  LOOP  18 5-27-4941-0001-0540	SF-50   $   24,936 S	1.812 $	1,927
MATTAM'! ORLANDO llC	 9063 SUNSHINE RlDGE  LOOP  18,25-27-4941-0001·0650	 SF-50  $  24,936 S	 1,812 $	 1,927 MATTAMY ORLANDO LLC	 9059 SUNSH!JIIE RIDGE  LCOP  18-25-27-4941-0001-0560	SF-SO  $  24.536 $	 l,&l2 $	1,927 MA:TAMY ORLANDO LtC	90;5 SUNSHINE RIDGE  LOOP  lS-25-27-4 1-0001-0670	SF-SO  $  24.936 $	1,812 $	1,927 MATT.A.MY ORLANDO LLC	 90S.1 SUNSHINE RIDGE LOOP  18-'2S-27-494l-C(X)l•0680	 SF-SO  $  24.936 $	 1.312 $	 1,927 MATTAMY ORI.ANDO LLC	 9047 SUNSiilNc RIO LOOP  18-25-27-4941-0001-0690	 SF-SO  $  24..936 $	 1,S12. $	 1/J2i MATTAMY ORLANDO LLC	 9043 SUNSHINE RIDGE  LOOP  18..:25-27-4941-0001-0700	 SF-50   $   24,936 $	 1,812 $	 1.92.7
MATTAMY ORLANDO LLC	9039 SUNSHINE RIDGE  LOOP  18-25-27-4941-0J0!-0710	SF ·50	$  24.93Ei $	1,812  $	1,927
MATTAMY ORLANDO LLC	 9035 SUNSHINE RIDGE  LOOP  18-25-27-4941-o:)Ol-0720	 S1'·50  $  24,936 $	 1,.812 $	 1,927 MATTAMY ORLANDO LLC	 9031 SUNSHINE RIDGE  LOOP  18-25-27-4941-0001-0730	 SF-50  $  24,936 $	1,812 $	 1,927 MATTAMY ORI.ANDO llC	9029 SUNSHINE RIDGE  LOOP  18-25-27-4941-0001-0740	SF-30   c   24.936 $	 1,SU  $	1,927
MATTAMV ORLANDO !.LC	9025 SUNSHiNE RIDGE  tOO!"  18-25·27-4-941-0001-07.50	SF-SO   $  24 6 $	1,812. $	1.im
MATTAMY ORLANDO U.C	 9021 SUNS}!iNE RICGE  LOOP	 lS--25-27-4941-0001-0750	 SF-50	 $	 24,936 $	 1,812 $	 1,S27 MATTAMY CRLANOO 11.C	1M7 CAR!!!BEA Vi;W TER	 18-1S•27-'194:L-0001-0770	SF-SO	$	24.,$6 $	 1,Sl2 $	1,927 MAlT.ol.MY ORL.ANOO LLC	 1841 CAR!BBEAN VIEW TER	16-25-27-4941-0001-0700	SF-50	 s	 2.4,936 $	1,812 $	 1,927 MAlTAMYORLANDO LlC	 18.35 CARU38EAN V!E\V TER	 18-2.5-27-4941-0001-0790	 SF·SO	 $	 2<1,S36 $	1.812 $	 1,927 MATTAMV ORI.ANDO LLC	 1&29 CAR!BSEANVIE:\,V TER	 1!--2.5-27-4:,41-0001-0800	Sf-50	 $  24,936 $   l,Sl2 $   1.,927 MATTAMY ORLANDO LLC    1823 CARIBBEAN VIEW  TER  18-2.S-27-4?41•0001-0810   Sf-50  $  24,938 $   l.612 S   1,927 MATIAMY O!\LANOO LLC    1817 CARIBBEAN VIEW  Tl;ll.  18-25-27-4941-:lOOl-0820   SF-SO  s  24,936 $   1,&12 S    um MATTAMY ORI.ANDO U.C   1811CARIS.BEAN VIEIIJ  TER  1a-25-27-4:94l-0001-08.3C   SF-so  $  24,936 $   l.Sl2 $   l.!127 MATTAM'f ORLA;'-100 lLC    1805 CARIBBEAN \llEW  TER  l8-2S-27-4941-000l-0840   SF ·SO  $  24,936 $   1.812 $   1,927 MATTAMY ORLANDO LLC    1799 CARIBBEAN VIEW  TEil  18-25·27-494Hl001-0S50   Sf-SO  $  24,956 S   l,812 $   1,927 MATTAMY ORLANDO lLC   1793 CARIBBEAN VIEW  T   1$-2S-27-494l-OOO:..QSSO   SF·50  $  24.,936 S   1,812 $   1,927 MATTAMY ORI.ANDO Ll.C    1787 CARIBBEAN VIEW  TER   18-25-27-4941-0001•0870   SF· SO  $  24,936 S   1..812 $    1,927 MATTAMYORLANDC U.C    1179 CARIB6EAN VIEW  TER  18-25-27-4941-0001-0880   SF -SO  $  24,936 $   1,812 $   1,927

	Allocation ?er	Ass6Smerrt	=sment	
Owner	Property AdGress	Peirce:IID	Prodoct "Type	Unit	Alloc.itlco	Anocatior. (lt	

s

s

MATTAMY ORLANDO w::	177:o CARIBBEAN VIEW TER  1&-25-27-4941--0001-CS!JO	 SF .50	s  24.936 $	 1,8-12 S	 1,927 MATTAMY ORLANDO ltC	 1767 CARIBBEAN VIEW TER  18-25-27-494l-OJ0I-0900	 SF·SO  $  24,936 $	1.812 $	1,927 MATTAMY ORLANDO U.C	 1761 CARIBBEAN \1EW TER  1.S-s!S-27-494HXl01-C910	 Sr-50  $  24,936 $	 1,812 $	 1..92.7 MATTA.MY ORLANDO tlC	17l!S CARIBBEAN VIEll'J  TER  18.-25-27-4941-0001--0920	SF-50   $   24,936 $	 1,812 $	 1,927
MA'!TAMY ORLANDO llC	 1743 CARIBBEAN VIE\'\/ TER  1&-25-27-4941-0001-0930	 SF-50  <:  24,.936 $	 vm.	 1,927 MAiTAMY ORL.1>,NDO U.C	 17"57 CARISBl:AN VIEW TER  18·25-27-4941--0'.l0l-0940	 SF-50	24,.936 $	 1,812. $	 1,927 MATTAMY ORLANDO LLC	1731CARIBBEAN VIEW  TER  18-25-27-4941-0001-0950	SF-50   s  24,.936 $	1,812 $	1,927
MATTAMY ORLA/1100 UC	1ns CARIBBEAN \IIEW  TER  18-25-274.941-0001-0960	Sf-50   s   24,SE $	1,812 $	l,927
MATTAMY ORLANDO U.C	1719 CARIBBEAN VIEW  TER	18-25-27-4941--0001-0970	SF,SO	$	24,936 $	l,&12  $	l.927
MATTAMY ORLANDO LLC	1870 SAWYER PALM	?L	18-25-27-4941-0001-0980	SF•.50	$	24,936 $	1,812 S	1,927
MATTA.MY ORLANDO LlC	1800 SAWYER PALM  PL	18-25-27-4941-0001-0990	SF-SC  s  24,9;19 $	1,812 $	1,927
MATTA.MY ORLANDO LLC	1864 CARIBBEAN 'l.1EW TER  :18-25-27-4941-0001-0010	SF-SC   $   24,935 $	1,812 $	1,927
MATTAMY ORLANDO !.LC	1S58 CARIBBEAN VIEW TER  18-25-27-4941-0001-0020	SF-50  $  24.935 $	 1,812. $	1,927 MA'lTAMY ORLANDO I.LC	1852 CARIBBEAN 'l.1EW TER  18.;zS-27-4941-(1001-0030	 SF-50  $  24$6 $	 vm. $	 1,927 MATTAIIIIY ORLANDO UC	1846 CARISBEAN VIEW TER  18-25-27-4941-0001-0040	SF-50  $  24,936 $	1,812 $	 l,927 MATTAMY ORLANDO UC	 1840 CAA18BEAN VIE\-\/  TER  18-25-2.7-4941-0CJOl-OOSO	 SF-50  $  24,936 $	1,812 $	1,927
MATTAMY ORLANDO LLC	1834 CARISBEAN \.1EW  W't	18-2.5-27-4941-0001-00SO	SF-SO	$	24,935 $	1,812 $	1,927
MATTAA1Y ORLANDO LLC	1828 CARIBBEAN VIEI.V  TER	18-25-27-4941-0001-0070	SF-50	$	24,936 $	1,812 $	1,927
MATTAMY ORLANDO I.LC	1822 CAAISBEA.N 'VIEW  TER	18-25-27-4941-0001--00!!0	SF-50	$	 2.4.936 $	1,81.2 $	1,927 MATTAMV ORLANDO LLC	 llll6 CARIBBEAN ',,1EW TER	18-25-27-4941-0001--0090   SF-50	 $	24,936 $	 1,812 $	1,927
Totals		312	$  7,273,016 $	52&,?.so ·s	562,117
MATTA.MY ORLANDO LLC	Phase 2.	18-25-27-4941·0001-fDl0	58.050 Acres  $  5,725,984 $	416,046 $	442,602
Total lots	  $ 13,000,000 $	944,436 $	1,004,718

(1) This.amount lncludl!'s 6¾ to oover coWechon fees ;rnd early payment dlscounts Wl1e11 collected utiliii11i: the unlfom, method.

I\)
0

AnnualAssessment Periods	30

!

Projected Etorid Rate(¾)	6.00%
  M,11xlmum Annual Debt Service		$	944.436
Prepared Go,-ernme;ital Maaagem nt Services -Central florlda, U.C

SUPPLEMENT AL ASSESSMENT METHODOLOGY
FOR SOLARA PHASE 2 ASSESSMENT AREA

FOR

WESTSIDE
COMMUNITY DEVELOPMENT DISTRICT

Date: March 22.f 2019

Prepared by

Governmental Management Services - Central Florida, LLC
135 W. Central Blvd., Suite 320
'---  --	--	--Or-lan-do, FL 32801		

Purpose	, 3
Background ........,........,.................................................,	3
Special Benefits and General Benefits	4
Requirements of a Valid Assessment Methodology	5
Special Benefits Exceed the Costs Aflocated	5
Assessment Methodology	5
Overview	5
Allocation of Debt ......,	6
A/location of Benefit	6
Lienability Test Special and Peculrar Benefit to the Property	7
Lienabifity Test: Reasonable and Fair Apportionment of the Duty to Pay Non-Ad Valorem Assessments	7
3.0 True-Up Mechanism ............,... ..........·-··············· ························••111••	8
Assessment Roll,..............................,.....................,.....................................,	8
5..0 Appendix ................_.....,..............."'..................1	9
Tabte 1: Development Program	9
Table 2: jnfrastructure 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	13
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 158 of the
Securities and Exchange Act of 1934, as amended. Similarly, GMS-CF, LLC does not provide the Westside Community Development District with financial
advisory services or offer fnvestment advice tn any form.

.0	Introduction

The Westside Community Development District is a local unit of special-purpose government organized and existing under Chapter 190, Florida Statutes (the "District"), as amended. The District has issued $3,230,000 of special assessment bonds ("Solara Phase 2 Assessment Area Bonds"). The Solara Phase 2 Assessment Area Bonds will fund certain infrastructure improvements that benefit a portion of Westside Pha.se Three referred to as Solara, Phase 2. The infrastructure to be fi1.1anced is identified in the Second Supplement to Westside Community Development District Engineer's Report for Westside Phase 1, 2 and 3, dated February 14, 2019 for Community wide Capital Improvements prepared by Hanson, Walter & Associates (the "Engineer's Report1' )1.

Pttrpose

This Supplemental Assessment Metllodology fOl' Solara Phase 2 Assessment Area (the "Assessment Report") provides for an assessment methodology for allocating the debt anticipated to be incurred by the District to benefiting properties within Solara Phase 2 Assessment Area. This report supplements previously approved Mast-er Assessment Methodology dated September 6, 2017. This Assessment Report allocates the debt to ce1'tai11 properties based 011 the special benefits each receives from the Solara Phase 2 Assessment Area, as delineated in the Engineer's Report. This Assessment Report will be supplemented with one or more supplemental methodology reports to reflect the actu.al terms and conditions at the time of the issuance of each series of the Solara Phase 2 Assessment Area Bonds. This Assessment Report is designed to conform to the requirements of Chapters 190 and 1701 Florida Statutes with respect to special assessments and is consistent with our understanding of case law on this subject.

The District intends to impose non ad valorem special a5sessments on the benefited lands within Solara Phase 2 Assessment Area based on this .Assessment Report. It is anticipated that all of the proposed special assessments will be collected Uuough the Uniform Method of Coilection described in Chapter 197.3632, Florida Statutes, or any other legal means available to the Distr.ict. 1t is not the intent of this Assessment Report to address any other assessments, if applicable, that may be levied by the Di trkt, a. homeowner's association, or any other unit of government.

Background

The District currE:ntly includes approximately 1,148.9 acres in Osceola County, Florida of which Phase Three represents approximately 243.15 acres. Solara Phase 2 Assessment Area is a smaller portion of the Phase Three project. 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 11Developer11). The Development Plan envisions approximately 283 residential units. It is recognized that the Development Plan may change, and this Assessment Report will be modified accordingly,

Assessment Area (as defined below) include master pub1ic facilities that benefit certain properties witMn Solara Phase 2 Assessment Area of the District. Specifically, the District will construct and/ or acquire certain infrastTUcture including certain earthwork (excluding any assessable lands in Solara Phase 2 Assessment Area) and roadways, stormwater facilities1 potable water, reuse water and wastewater, electrical undergrounding differential, landscaping, and hardscaping as detailed in the Engineer's Report The acquisition and construction costs are summarized. in Table 2 (herein, the "2019 Project").

The assessment methodology is a four-step process,

l. The District Engineer must first determine the public infrastructure improvements and services that may be provided by the District and the costs to implement the Solara Phase 2 Assessment Area
The District Engineer determines the assessable acres that benefit from the District's Solara Phase 2 Assessment Area,
A calculation is made to determine the funding am.ounts necessary to acquire and/ or construct the Solara Phase 2 Assessment Area.
These assessments aTe initially divided equally among the benefited properties on a prorated gross acreage basis. As land is platted, this amount will be aIIocated to each of the benefited properties based on the number of platted units and product type.	'

Special Benefits and General 'Benefits

The Solara Phase 2 Assessment Area undertaken by the· District creates special and peculiar benefits to assessable property within Solara Phase 2 Assessment Area, 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 distingufahable from the special and peculiar benefits, which accrue to certain property within the District. The implementation of the Solara Phase 2 Assessment Area enables properties within its boundaries lo be developed. Without the District's Solara Phase 2 Assessment Area Project there would be no i.nfrash'ucture 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 the general public and property owners outside the District will benefit from the provision of the District's Solara Phase 2 Assessment Area Project. Howeve1·( these benefits will be incidental to the District's 2019 I>roject, which is designed solely to meet the needs of property within Solara Phase 2 Assessment Area of the District. Properties outside the District boundaries do not depend upon the District's 2019 Project. The propeTty owners within the Solara Phase 2 Assessment Area are

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 assessments must be fairly and reasonably allocated to the properties being assessed.

Florida law provides for a wide application of special assessments that meet these two characteristics of special assessments.

Special Benefits Exceed the CostsAllocated

The special benefits provided to the property owners within the Solara Phase 2 Assessment Area are greater than the costs associated with providing these benefits. The District Engineer estimates that the ,.2019 Project,. that is necessary to support full development of property within Solara Phase 2 Assessment Area, will cost approximately $4,4891441. The District's Underwriter projects that financing costs required to fund the infrastructure improvements, including a portion of the 2019 Project requested to be funded by the District and the Developer the cost of issuance of the Solara Phase 2 Assessment Area Bonds, the fonding of debt service reserves and capitalized interest, will be $3,230,000. The fonding in excess of bond proceeds required to complete the 2019 Project is t.o be ftmded by Developer; tht! DevelopeT will enter into a Completion Agreement with tll.e District on the date of the bond dosing, Jn which the Developer agrees to complete or provide funds to the District to complete the 2019 Project.

Assessment Methodology

Overview

The District has issued $3,230,0Q0 in Solara Phase 2 Assessment Area Bonds to fund a portion of the District's 2019 PTOject, provide for capitalized interest, a debt service reserve account and cost of issuance. It is the purpose of this Assessment Report lo ailocale the $3,230i)O0 in debt to the properties l'lenefiting from the Wl 9 Project

Table 1 identifies the land. uses as indicated by the Developer of the land within Solara Phase 2 Assessment Area The construction costs needed for completion of the 2019 Project are outlined in Table 2, The improvements needed to support the Development Plan a1'e described in detail in the Engineerrs Report and are estimated to cost $-1,489A41, Based on the estimated costs, the size of the bond issue needed to generate funds to pay

for a portion of the 2019 Project requested by the District and the Developer and related costs was determined by the District's Underw.ritel' to total $3,230,000. Table 3 shows the breakdown of the bond sizing.

Allocation of Debt

Allocation of debt assessments is a continuous process in the District until tl1e Development Plan is completed. The Solara Phase 2 Assessment Area funded by the Solara Phase 2 Assessment Area Bonds benefits all developable acres within Solara Developm€nt Phase 2 Assessment Area.

The initial Series 2019 assessments will be levied on the acres in Solara Development Phase 2 Assessmc:mt Area. A fair and reasonable methodology allocates the debt assessments incurred by the District proportionately to the prnperties receiving the special benefits. At this point all of the platted lands within the Solara Phase 2 Assessment Area are benefiting from the improvements.

The 283 residential units in the Solara Phase 2 Assessment Area are the beneficiaries of the Solara Phase 2 Assessment Area, as depicted in Table 5 and Table 6. If there are changes to Development Plan and a replatting occurs, a true up of the assessment would he calculated to determine if a debt reduction or true-up payment from the Developer is required. The process is outlined in Section 3.0

The assignment of debt assessments i.n this Assessm€nt Report sets forth the process by which debt is apportioned. As mentioned herein, this Assessment Report will be supplemented from time t:o time.

2 3	Allocatio11 of Benefit

The 2019 Project consists of certain earthwork (excluding any assessable lands in Solara Phase 2 Assessment Area) and roadways., stormwater facilities, potable water, reuse water and wastewater, electrical undergrounding differential,. landscaping, and hal'dscaping as detailed in the Engineer's Report, and professional fees along with related incidental costs. There are three product types within the planned development. The townhome home has been set as the base unit and has been assigned one equivalent residential unit C'ERU"). Table 4 shows the allocation of benefit to the particular land use. It is important to note that the benefit derived from the 2019 Project on the particular units exceeds the cost that the units will be paying for such benefits.

Lienability Test: Special and Peculiar Benefit to the Property

Construction and/ or acquisition by the District of its proposed 2019 Project will provide several types of systems, facilities and services for its residents. These include certain earthwork (excluding any assessable lands in Solara Phase 2 Assessment Area) stomnvater fadlities1 potable water, reuse water and wastewater, electrical undergrounding differential1 landscaping, and hard.scaping, and professional fees along with related incidental costs. The 2019 Project improvements accrue in differing amounts and are somewhat dependent on the type of land use receiving the special benefits peculiar to those pro_perties, which flow from the logical relations.hip of the improvements to the propei·ties.

Once these determinations are made, they are reviewed in the 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 t:he 2019 Project, the special and peculial' benefits are:

the added use of the property,
added enjoyment o.f 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 special assessment levied for the improvement or the debt as allocated.

2.S	Lienability Test: Reasonable and Fair Apportionment of the Duty to Pay
Non-Ad Valorem Assessments

A reasonable estimate of the proportion of special and peculia1· benefits received from the 2019 Project described in the Engineer's Report is delineated in Table 5 (expressed as Allocation of Par Debt per Product Type).

The determination 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 construction of the 20-19 Project have been apportioned to the property according to reasonable estimates of the special and peculiar benefits provided consistent with the product type categories.

Accordingly, no acre or parcel of property within Solara Phase 2 Assessment Area 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 the.refore, the debt allocation will not be increased more than the debt allocation set forth in this Assessment Report.

In accordance with the benefit 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 a.mounts represent the preliminary anticipated per unit debt allocation assuming all anticipated units are built and sold as planned, and the entire proposed 2019 Project is developed or acquired and financed by the District.

True Up Mechanism

Although the District does not process plats, declaration of condominiums, site plans or revisions thereto for the Developer, it does have an important role to play during the course of platting and site planning. Whenever a pJat, replat, 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, However, if a rnplat is recorded, then the District will reallocate assets as provided in this Report. In addition, the District must also prevent any build.up 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 p.lan 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 required. In the case that the revenue generated is less then the required amount then a debt reduction or true-up payment by the landowner in the amount necessary to reduce the par amount of the outstanding bonds to a level that will be supported by the new net annual debt service assessments.

Assessment Roll

The District will initially distribute the liens across the developable acres within Solara Phase 2 Assessment Area of the District boundaries. When platting occurs, assessments will be assigned based on platted unit type. 1f the Development Plan changes, then the District will update Table 6 Lo1•eflect the changes. The cu.rrent master assessment rolt for the Solara Phase 2 Assessment Area is depicted in Table 7.

TABLE 1
WESTSIDE COMMUNITY DEVELOPMENT DISTRICT DEVELOPMENT PROGRAM
SUPPLEMENTAL ASSESSMENT METHODOLOGY FORSOLARA PHASE 2 ASSESSMENT AREA

I

Product TyE!:.		Phase 2	ERUs per Unit {1}	Total ERUs	

Single FamiJy- 50'	
75	
1.20	
90.0	
Single Family - 40'	122	1.10	134.2	
Townhomes	86	1.00	86.0	
Total Units*	283		310.2	

(1} Benefit is allocated on an ERU basis; based on density of planned development, with Townhome= 1 ERU

co	* - Unit mix is subject to change based on market and other factors

Prepared by: Governmental Management Services - Central Florida, LLC

TABLE2
WESTSIDE COMMUNlTY DEVELOPMENT DISTRICT
INFRASTRUCTURE COST ESTIMATES
SUPPLEMENTAL ASSESSMENT METHODOLOGY FOR SOLARA PHASE 2 ASSESSMENT AREA

2019 Project (1)	Phase2

	Earthwork		$53,385	
	Roadways		$0	
	Onsite Collector Roadway Drainage		$870,475	
	Wastewater Collection		$811,527	
	Potable Water Distribution		$548,122	
	Reuse Water Distribution		$18,706	
	Stormwater		$335,705	
	Landscape, Hardscape, and Irrigation		$1,380,916	
	Electrical		$64,072	
	Professional and Inspection Fees, Other Misc. Fees		$275,774	
	Contingency		$130,760	
	Totals	$	4,489,441	
_..				
0				
(1} A detailed description of these Improvements is provided in the Engineer's Report rev1sed February 14, 2019 prepared by Hanson, Walter, and Associates

Prepared by: Governmental Management Services - Central Florida, LLC

TABLE3
WESTSIDE COMMUNllY DEVELOPMENT DISTRICT

1

,BOND SIZING

I

SUPPLEMENTAL ASSESSMENT METHODOLOGY FOR SOLARA PHASE 2 ASSESSMENT AREA

Description		Total		
Construction Funds	$		2,797,408	
Debt Service Reserve	$		101,595	
CapitaHzed Interest	$		84,779	
Underwriters Discount	$		64..600	
Cost of Issuance	$		172,000	
Issue Discount	$		9r618	
Par Amount	$		3,230.,000	

-->.	Bond Assumptions:				
Average Coupon Rate			4.72%	
Amortrzation			30years	
Capitalized Interest			7 Months	
Debt Service Reserve			50% MADS D/S	
Underwriters Discount			2%	

-->.

WESTSIDE COMMUNITY DEVELOPMENT DfSTRICT ALLOCATION OF IMPROVEMENT COSTS
SUPPLEMENTAL ASSESSMENT METHODOLOGY FOR SOLARA PHASE 2 ASSESSMENT AREA

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

Single Family - 501	
75	
1.20	
90.0	
29.0%	
$	1,302,546	
$	17,367	
Single Family- 40'	122	1.10	134.2	43.3%	$	1,942,240	$	15,920	
Townhomes	86	1.00	86.0	27.7%	$	1,244.,655	$	14A73	

Totals	283	310.2	100.00%	$	4,489.,441

* Unit mix is subject to change based on marketing and other factors
....,.
I\)

WESTSIDE COMMUNITY DEVELOPMENT DISTRICT ALLOCATION OF TOTAL PAR DEBT TO EACH PRODUCT TYPE
SUPPLEMENTAL ASSESSMENT METHODOLOGY FOR SOLARA PHASE 2ASSESSMENT AREA		
			
	hnpmvement		
	Costs by	Allocation of Par	
	Product	Debt Per Product	
Product TypE:_	No. of Units *	ERU Factor	ERU Totals	%ofERU	Type**	Type	Par Debt Per Unit	

Single Family - 50'	
75	
1.20	
90.00	
29.0%	
$  1,302,546	
$	937k137	
$12,495	
Single Family - 401	122	1.10	134.20	43.3%	$  1,942,240	$	1,397,376	$11,454	
Townhomes	86	1.00	86.00	27.7%	$  1,244,655	$	895,487	$10,413	

Totals	283	310.2	100%	$	4,489,441  $	3>230}000

* Unit mix is subject to change based on marketing and other factors
** Balance of Infrastructure Needed for Project to be Funded by Developer

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Prepared by: Goven:1mental Management Services - Central Florida> LLC

Product Type	
Allocation of Par Debt Per Product
No. of Units*	Type	

Total Par Debt
Per Unit	

Maximum Annual Debt Service	Net Annual Debt Assessment
Per Unit	Gross Annual Debt Assessment
Per Unit {1}	

Single Family - 501	
75	
$	937,137	
$	12,495	
$	59,150	
$	789	
$	839	
Single Family - 401	122	$	1,397,376	$	11;,454	$	88,189	$	723	$	769	
Townhomes	86	$	895,487	$	10,413	$	56,507	$	657	$	699	

	Totals	283	$	3,230,000 	$	203,190

WESTSIDE COMMUNITY DEVELOPMENT DISTRtCT
PAR DEBT AND ANNUAL ASSESSMENTS FOR EACH PRODUCT TYPE
SUPPLEMENTAL ASSESSMENT METHODOLOGY FOR SOLARA PHASE 2 ASSESSMENT AREA

....>.

(1) This amount indudes 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

Total Par Debt Net Annual Debt Gross Annual Debt

Owner	Property ID #1s	Acres

Allocation Per Acre

Assessment
Allocation

Assessment Allocation (1)

WESTSJDE COMMUNITY DEVELOPMENT DISTRICT
PRELIMINARY ASSESSMENT ROLL
SUPPLEMENTAL ASSESSMENT METHODOLOGY FOR SOLARA PHASE 2 ASSESSMENT AREA

Mattamy Orfando LLC	18-25-27-4941-0001-FDlO	58.05	$	55,642  $	203,190  $	216,160

Totals	58.05	$	3,230,000	$	203}190	$	216}160

{1} This amount includes 6% to cover colfection fees and early payment discounts when collected utilizing the uniform method.

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Annual Assessment Periods Projected Bond Rate (%)
Maximum Annual Debt Service

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4.72%
$203,190

Prepared by: Governmental Management Services - Central Florida, LLC

SUPPLEMENTAL ASSESSMENT METHODOLOGY
FOR SOLARA PHASE 2 ASSESSMENT AREA

FOR

WESTSIDE
COMMUNITY DEVELOPMENT DISTRICT

Date: March 22, 2019

Prepared by

Governmental Management Seivices - Central Florida, LLC
135 W. Central Blvd, Suite 320

__ 	 	 		-  !	o, 1-_-

01	-·· ----·

Table of Contents

Introduction	,. 3
Purpose	3
Background	3
Special Benefits and General Benefits	4
Requirements of a Valid Assessment Methodology	5
Special Benefits Exceed the Costs Allocated	5
Assessment Methodology	5
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
True-Up Mechanism	8
Assessment Roll	8
Appendix	9
Table 1: Development Program	9
Table 2: Infrastructure Cost Estimates	1O
Table 3: Bond Sizing	11
Table 4: Allocation of Improvement Costs	12
Table 5: Allocation of Total Par Debt to Each Product Type	13
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 15B of the
Securities and Exchange Act of 1934, as amended. Similarly. GMS-CF, LLC does not 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 special-purpose government organized and existing under Chapter 190, Florida Statutes (the "District"), as amended. The District has issued $3,230,000 of special assessment bonds ("Solara Phase 2 Assessment Area Bonds"). The Solara Phase 2 Assessment Area Bonds will fund certain infrastructure improvements that benefit a portion of Westside Phase Three referred to as Solara, Phase 2. The infrastructure to be financed is identified in the Second Supplement to Westside Community Development District Engineer's Report for Westside Phase 1, 2 and 3, dated February 14, 2019 for Community wide Capital Improvements prepared by Hanson, Walter & Associates (the "Engineer's Report")i.

Purpose

This Supplemental Assessment Methodology for Solara Phase 2 Assessment Area (the 11Assessment Report") provides for an assessment methodology for allocating the debt anticipated to be incurred by the District to benefiting properties within Solara Phase 2 Assessment Area. This report supplements previously approved Master Assessment Methodology dated September 6, 2017. This Assessment Report allocates the debt to certain properties based on the special benefits each receives from the Solara Phase 2 Assessment Area, as delineated in the Engineer's Report. This Assessment Report will be supplemented with one or more supplemental methodology reports to reflect the actuaJ terms and conditions at the time of the issuance of each series of the Solara Phase 2 Assessntent Area Bonds. This Assessment Report is designed to conform 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 this subject.

The District intends to impose non ad valorem special assessments on the benefited lands within Solara Phase 2 Assessment Area based on 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. It is not the intent of this Assessment Report to address any other assessments, if applicable, that may be levied by the District, a homeowner's association, or any other unit of government.

Background

The District currently includes approximately 1,148.9 acres in Osceola County, Florida of which Phase Three represents approximately 243.15 acres. Solara Phase 2 Assessment Area is a smaller portion of the Phase Three project. 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 Development Plan envisions approximately 283 residential units. It is recognized that the Development Plan may change, and this Assessment Report will be modified accordingly

3

The capital public improvements contemplated by the District in the Solara Phase 2 Assessment Area (as defined below) include master public facilities that benefit certain properties within Solara Phase 2 Assessment Area of the District. Specifically, the District will construct and/ or acquire certain infrastructure including certain earthwork (excluding any assessable lands in Solara Phase 2 Assessment Area) and roadways, stormwater facilities, potable water, reuse water and wastewater, electrical undergrounding differential, landscaping, and hardscaping as detailed in the Engineer's Report. The acquisition and construction costs are summarized in Table 2 (herein, the "2019 Project").

The assessment methodology is a four-step process.

The District Engineer must first determine the public infrastructure improvements and services that may be provided by the District and the costs to implement the Solara Phase 2 Assessment Area
The District Engineer determines the assessable acres that benefit from the District's Solara Phase 2 Assessment Area.
A calculation is made to determine the funding amounts necessary to acquire and/ or construct the Solara Phase 2 Assessment Area.
These 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 and product type.	'

Special Benefits and General Benefits

The Solara Phase 2 Assessment Area undertaken by the District creates special and peculiar benefits to assessable property within Solara Phase 2 Assessment Area, 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 2 Assessment Area enables properties within its boundaries to be developed. Without the District's Solara Phase 2 Assessment Area Project, 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 the general public and property owners outside the District will benefit from the provision of the District's Solara Phase 2 Assessment Area Project. However, these benefits will be incidental to the District's 2019 Project, which is designed solely to meet the needs of property within Solara Phase 2 Assessment Area of the District. Properties outside the District boundaries do not depend upon the District's 2019 Project.  The property owners within the Solara Phase 2 Assessment Area are

4

therefore receiving special benefits not received 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 assessments must be fairly and reasonably allocated to the properties being assessed.

Florida law provides for a wide application of special assessments that meet these two characteristics of special assessments.

Special Benefits Exceed the Costs Allocated

The special benefits provided to the property owners within the Solara Phase 2 Assessment Area are greater than the costs associated with providing these benefits. The District Engineer estimates that the 2019 Project, . that is necessary to support full development of property within Solara Phase 2 Assessment Area, will cost approximately $4,489,441. The District's Underwriter projects that financing costs required to fund the infrastructure improvements, including a portion of thr 2019 Project, requested to be funded by the District and the Developer the cost of issuance of the Solara Phase 2 Assessment Area Bonds, the funding of debt service reserves and capitalized interest, will be $3,230,000. The funding in excess of bond proceeds required to complete the 2019 Project is to be funded by Developer; the Developer will enter into a Completion Agreement with the District on the date of the bond closing, in which the Developer agrees to complete or provide funds to the District to complete the 2019 Project.

Assessment Methodology

Overview

The District has issued $3,230,0Q0 in Solara Phase 2 Assessment Area Bonds to fund a portion of the District's 2019 Project, provide for capitalized interest, a debt service reserve account and cost of issuance. It is the purpose of this Assessment Report to allocate the $3,230,000 in debt to the properties benefiting from the 2019 Project.

Table 1 identifies the land uses as indicated by the Developer of the land within Solara Phase 2 Assessment Area The construction costs needed for completion of the 2019 Project are outlined in Table 2. The improvements needed to support the Development Plan are described in detail in the Engineer's Report and are estimated to cost $4,489,441. Based on the estimated costs, the size of the bond issue needed to generate funds to pay

5

for a portion of the 2019 Project requested by the District and the Developer and related costs was determined by the District's Underwriter to total $3,230,000. Table 3 shows the breakdown of the bond sizing.

Allocation of Debt

Allocation of debt assessments is a continuous process in the District until the Development Plan is completed. The Solara Phase 2 Assessment Area funded by the Solara Phase 2 Assessment Area Bonds benefits all developable acres within Solara Development Phase 2 Assessment Area.

The initial Series 2019 assessments will be levied on the acres in Solara Development Phase 2 Assessment Area. 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 platted lands within the Solara Phase 2 Assessment Area are benefiting from the improv ments.

The 283 residential units in the Solara Phase 2 Assessment Area are the beneficiaries of the Solara Phase 2 Assessment Area, as depicted in Table 5 and Table 6. If there are changes to Development Plan and a replatti.ng occurs, a true up of the assessment would 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

The assignment of debt assessments in this 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 2019 Project consists of certain earthwork (excluding any assessable lands in Solara Phase 2 Assessment Area) 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. There are three product types 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 derived from the 2019 Project on the particular units 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 2019 Project will provide several types of systems, facilities and services for its residents. These include certain earthwork (excluding any assessable lands in Solara Phase 2 Assessment Area) stormwater facilities, • potable water, reuse water and wastewater, electrical undergrounding differential, landscaping, and hardscaping, and professional fees along with related incidental costs. The 2019 Project improvements accrue in differing amounts and are somewhat dependent on the type of land use receiving the special benefits peculiar to those pro.perties, which flow from the logical relationship of the improvements to the properties.

Once these determinations are made, they are reviewed in the 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 2019 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 special assessment levied for the improvement or the debt as allocated.

Lienability 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 2019 Project described in the Engineer's Report is delineated in Table 5 (expressed as Allocation of Par Debt per Product Type).

The determination 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 construction of the 2019 Project have been apportioned to the property according to reasonable estimates of the special and peculiar benefits provided consistent with the product type categories.

Accordingly, no acre or parcel of property within Solara Phase 2 Assessment Area 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, the debt allocation will not be increased more than the debt allocation set forth in this Assessment Report.

7

In accordance with the benefit 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 unit debt allocation assuming all anticipated units are built and sold as planned, and the entire proposed 2019 Project is developed or acquired and financed by the District.

True Up Mechanism

Although the District does not process plats, declaration of condominiums, site plans or revisions thereto for the Developer, it does have an important role to play during the course of platting and site planning. Whenever a plat, replat, d claration of condominium or site plan is processed, the Distrkt must allocate a portion of its debt to the property according to this Assessment Report outlined herein. However, if a replat is recorded, then the District will reallocate assets as provided in this Report. 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 required. In the case that the revenue generated is less then the required amount then a debt reduction or true-up payment by the landowner in the amount necessary to reduce the par amount of the outstanding bonds to a level that will be supported by the new net annual debt service assessments.

Assessment Roll

The District will initially distribute the liens across the developable acres within Solara Phase 2 Assessment Area of the District boundaries. When platting occurs, assessments will be assigned based on platted unit type. If the Development Plan changes, then the District will update Table 6 to reflect the changes. The current master assessment roll for the Solara Phase 2 Assessment Area is depicted in Table 7.

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TABLE 1
WESTSIDE COMMUNITY DEVELOPMENT DISTRICT DEVELOPMENT PROGRAM
SUPPLEMENTAL ASSESSMENT METHODOLOGY FOR SOLARA PHASE 2 ASSESSMENT AREA

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Single Family - 50' Single Family - 40' Townhomes

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WESTSIDE COMMUNITY DEVELOPMENT DISTRICT INFRASTRUCTURE COST ESTIMATES
SUPPLEMENTAL ASSESSMENT. 5:!!_.'?.£9LOGY FOR SOLA	! ASSESSMENT AREA	.	.

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Earthwork Roadways
Onsite Collector Roadway Drainage Wastewater Collection
Potable Water Distribution Reuse Water Distribution Stormwater
Landscape, Hardscape, and Irrigation Electrical
Professional and Inspection Fees, Other Misc. Fees Contingency

Totals

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$53,385
$0
$870,475
$811,527
$548,122
$18,706
$335,705
$1,380,916
$64,072
$275,774
$130,760

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0	BOND SIZING
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0	SUPPLEMENTAL ASSESSMENT MET,H OLOGY FO_R _5.£_ - ASE 2 ASSESSMENT AREA 

::0	 Description		 			Total		
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0	Construction Funds	$	2,797,408	
::0	Debt Service Reserve	$	101,595	
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0	Capitalized Interest		$	84,779	
0	Underwriters Discount	$	64,600	
0	Cost of Issuance	$	172,000	
	Issue Discount	$	9,618	
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0	ALLOCATION OF IMPROVEMENT COSTS
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ERU Factor	Total ERUs	ERUs	Costs Per Product Type	  Per Unit	

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Single Family- 50'	75	1.20	90.0	29.0%	$	1,302,546	$	17,367	
Single Family - 40'	122	1.10	134.2	43.3%	$	1,942,240	$	15,920	
Townhomes	86	1.00	86.0	27.7%	$	1,244,655	$	14,473	

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WESTSIDE COMMUNITY DEVELOPMENT DISTRICT ALLOCATION OF TOTAL PAR DEBT TO EACH PRODUCT TYPE
SUPPLEMENTALASSESSMENT METHODOLOGY FOR SOLARA PHASE 2ASSESSMENT AREA	.	..	,_	,.,..,.,,,.. 	

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Single Family - 50'	75	1.20	90.00	29.0%	$  1,302,546	$	937,137	$12,495	
Single Family - 40'	122	1.10	134.20	43.3%	$  1,942,240	$	1,397,376	$11,454	
Townhomes	86	1.00	86.00	27.7%	$  1,244,.655	$	895,487	$10,413	

Product Type		N-o-.·of Units*  ERU Factor	 ERU Totals	%ofERU	

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Allocation of Par Debt Per Product
 Type	

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Single Family- 50'	75	$	937,137	$	12,495	$	59,150	$	789	$	839	
Single Family- 40'	122	$	1,397,376	$	11,454	$	88,189	$	723	$	769	
Townhomes	86	$	895,487	$	10,413	$	56,507	$	657	$	699	

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(1) This amount includes 6% to cover collection fees and early payment discounts when collected utilizing the uniform method.

I

,- -..	·- _,,..	.. ·--,_..  -- --·-·-  .......-----·----.	7
Annual Assessment Periods	30
Projected Bond Rate(%)	4.72%	j
l axi um Annual Debt ServicE:_ _ 	  ..-----·- $203,190 •

EXHIBIT C

FINAL ASSESSMENT LIEN ROLL [ATTACHED BELOW]

Resolution 2025-03 (Declaring Solara Phase 2 Project Complete) Westside Community Development District
Page 7 of 7

Westside CDD
Series 2019 (Solara Ph. 2) - Lien Book			
			
			Series 2019 (Soloara Ph.	
			2) Outstanding Bonds as	
Parcel ID	Units	Type	of 2/17/2025	
18-25-27-4943-0001-3130	1	SOL -50	$11,362.58	
18-25-27-4943-0001-3140	1	SOL -40	$10,414.57	
18-25-27-4943-0001-3150	1	SOL -40	$10,414.57	
18-25-27-4943-0001-3160	1	SOL -40	$10,414.57	
18-25-27-4943-0001-3170	1	SOL -40	$10,414.57	
18-25-27-4943-0001-3180	1	SOL -40	$10,414.57	
18-25-27-4943-0001-3190	1	SOL -40	$10,414.57	
18-25-27-4943-0001-3200	1	SOL -40	$10,414.57	
18-25-27-4943-0001-3210	1	SOL -40	$10,414.57	
18-25-27-4943-0001-3220	1	SOL -40	$10,414.57	
18-25-27-4943-0001-3230	1	SOL -40	$10,414.57	
18-25-27-4943-0001-3240	1	SOL -40	$10,414.57	
18-25-27-4943-0001-3250	1	SOL -40	$10,414.57	
18-25-27-4943-0001-3260	1	SOL -40	$10,414.57	
18-25-27-4943-0001-3270	1	SOL -40	$10,414.57	
18-25-27-4943-0001-3280	1	SOL -40	$10,414.57	
18-25-27-4943-0001-3290	1	SOL -40	$10,414.57	
18-25-27-4943-0001-3300	1	SOL -40	$10,414.57	
18-25-27-4943-0001-3310	1	SOL -50	$11,362.58	
18-25-27-4943-0001-3320	1	SOL -50	$11,362.58	
18-25-27-4943-0001-3330	1	SOL -50	$11,362.58	
18-25-27-4943-0001-3340	1	SOL -50	$11,362.58	
18-25-27-4943-0001-3350	1	SOL -50	$11,362.58	
18-25-27-4943-0001-3360	1	SOL -50	$11,362.58	
18-25-27-4943-0001-3370	1	SOL -40	$10,414.57	
18-25-27-4943-0001-3380	1	SOL -40	$10,414.57	
18-25-27-4943-0001-3390	1	SOL -40	$10,414.57	
18-25-27-4943-0001-3400	1	SOL -40	$10,414.57	
18-25-27-4943-0001-3410	1	SOL -40	$10,414.57	
18-25-27-4943-0001-3420	1	SOL -40	$10,414.57	
18-25-27-4943-0001-3430	1	SOL -40	$10,414.57	
18-25-27-4943-0001-3440	1	SOL -40	$10,414.57	
18-25-27-4943-0001-3450	1	SOL -50	$11,362.58	
18-25-27-4943-0001-3460	1	SOL -50	$11,362.58	
18-25-27-4943-0001-3470	1	SOL -50	$11,362.58	
18-25-27-4943-0001-3480	1	SOL -50	$11,362.58	
18-25-27-4943-0001-3490	1	SOL -50	$11,362.58	
18-25-27-4943-0001-3500	1	SOL -40	$10,414.57	
18-25-27-4943-0001-3510	1	SOL -40	$10,414.57	
18-25-27-4943-0001-3520	1	SOL -40	$10,414.57	
18-25-27-4943-0001-3530	1	SOL -40	$10,414.57	
18-25-27-4943-0001-3540	1	SOL -40	$10,414.57	
18-25-27-4943-0001-3550	1	SOL -40	$10,414.57	
18-25-27-4943-0001-3560	1	SOL -50	$11,362.58	
18-25-27-4943-0001-3570	1	SOL -50	$11,362.58	
18-25-27-4943-0001-3580	1	SOL -50	$11,362.58	
18-25-27-4943-0001-3590	1	SOL -50	$11,362.58	
18-25-27-4943-0001-3600	1	SOL -50	$11,362.58	
18-25-27-4943-0001-3610	1	SOL -50	$11,362.58	
18-25-27-4943-0001-3620	1	SOL -50	$11,362.58	
18-25-27-4943-0001-3630	1	SOL -40	$10,414.57	
18-25-27-4943-0001-3640	1	SOL -40	$10,414.57	
18-25-27-4943-0001-3650	1	SOL -40	$10,414.57	
18-25-27-4943-0001-3660	1	SOL -40	$10,414.57	
18-25-27-4943-0001-3670	1	SOL -40	$10,414.57	
18-25-27-4943-0001-3680	1	SOL -50	$11,362.58	
18-25-27-4943-0001-3690	1	SOL -50	$11,362.58	
18-25-27-4943-0001-3700	1	SOL -50	$11,362.58	
18-25-27-4943-0001-3710	1	SOL -50	$11,362.58	
18-25-27-4943-0001-3720	1	SOL -50	$11,362.58	
18-25-27-4943-0001-3730	1	SOL -50	$11,362.58	
18-25-27-4943-0001-3740	1	SOL -50	$11,362.58	
18-25-27-4943-0001-3750	1	SOL -50	$11,362.58	
18-25-27-4943-0001-3760	1	SOL -50	$11,362.58	
18-25-27-4943-0001-3770	1	SOL -50	$11,362.58	
18-25-27-4943-0001-3780	1	SOL -50	$11,362.58	
18-25-27-4943-0001-3790	1	SOL -50	$11,362.58	
18-25-27-4943-0001-3800	1	SOL -50	$11,362.58	
18-25-27-4943-0001-3810	1	SOL -50	$11,362.58	
18-25-27-4943-0001-3820	1	SOL -40	$10,414.57	
18-25-27-4943-0001-3830	1	SOL -40	$10,414.57	
18-25-27-4943-0001-3840	1	SOL -40	$10,414.57	
18-25-27-4943-0001-3850	1	SOL -40	$10,414.57	
18-25-27-4943-0001-3860	1	SOL -40	$10,414.57	
18-25-27-4943-0001-3870	1	SOL -40	$10,414.57	
18-25-27-4943-0001-3880	1	SOL -40	$10,414.57	
18-25-27-4943-0001-3890	1	SOL -40	$10,414.57	
18-25-27-4943-0001-3900	1	SOL -40	$10,414.57	
18-25-27-4943-0001-3910	1	SOL -40	$10,414.57	
18-25-27-4943-0001-3920	1	SOL -40	$10,414.57	
18-25-27-4943-0001-3930	1	SOL -40	$10,414.57	
18-25-27-4943-0001-3940	1	SOL -40	$10,414.57	
18-25-27-4943-0001-3950	1	SOL -40	$10,414.57	
18-25-27-4943-0001-3960	1	SOL -40	$10,414.57	
18-25-27-4943-0001-3970	1	SOL -40	$10,414.57	
18-25-27-4943-0001-3980	1	SOL -40	$10,414.57	
18-25-27-4943-0001-3990	1	SOL -40	$10,414.57	
18-25-27-4943-0001-4000	1	SOL -40	$10,414.57	
18-25-27-4943-0001-4010	1	SOL -40	$10,414.57	
18-25-27-4943-0001-4020	1	SOL -40	$10,414.57	

Parcel ID	

Units	

Type	Series 2019 (Soloara Ph. 2) Outstanding Bonds as of 2/17/2025	
18-25-27-4943-0001-4030	1	SOL -40	$10,414.57	
18-25-27-4943-0001-4040	1	SOL -40	$10,414.57	
18-25-27-4943-0001-4050	1	SOL -40	$10,414.57	
18-25-27-4943-0001-4060	1	SOL -40	$10,414.57	
18-25-27-4943-0001-4070	1	SOL -40	$10,414.57	
18-25-27-4943-0001-4080	1	SOL -40	$10,414.57	
18-25-27-4943-0001-4090	1	SOL -40	$10,414.57	
18-25-27-4943-0001-4100	1	SOL -40	$10,414.57	
18-25-27-4943-0001-4110	1	SOL -50	$11,362.58	
18-25-27-4943-0001-4120	1	SOL -50	$11,362.58	
18-25-27-4943-0001-4130	1	SOL -50	$11,362.58	
18-25-27-4943-0001-4140	1	SOL -50	$11,362.58	
18-25-27-4943-0001-4150	1	SOL -50	$11,362.58	
18-25-27-4943-0001-4160	1	SOL -50	$11,362.58	
18-25-27-4943-0001-4170	1	SOL -50	$11,362.58	
18-25-27-4943-0001-4180	1	SOL -50	$11,362.58	
18-25-27-4943-0001-4190	1	SOL -50	$11,362.58	
18-25-27-4943-0001-4200	1	SOL -40	$10,414.57	
18-25-27-4943-0001-4210	1	SOL -40	$10,414.57	
18-25-27-4943-0001-4220	1	SOL -40	$10,414.57	
18-25-27-4943-0001-4230	1	SOL -40	$10,414.57	
18-25-27-4943-0001-4240	1	SOL -40	$10,414.57	
18-25-27-4943-0001-4250	1	SOL -40	$10,414.57	
18-25-27-4943-0001-4260	1	SOL -40	$10,414.57	
18-25-27-4943-0001-4270	1	SOL -50	$11,362.58	
18-25-27-4943-0001-4280	1	SOL -40	$10,414.57	
18-25-27-4943-0001-4290	1	SOL -40	$10,414.57	
18-25-27-4943-0001-4300	1	SOL -40	$10,414.57	
18-25-27-4943-0001-4310	1	SOL -40	$10,414.57	
18-25-27-4943-0001-4320	1	SOL -40	$10,414.57	
18-25-27-4943-0001-4330	1	SOL -40	$10,414.57	
18-25-27-4943-0001-4340	1	SOL -40	$10,414.57	
18-25-27-4943-0001-4350	1	SOL -40	$10,414.57	
18-25-27-4943-0001-4360	1	SOL -40	$10,414.57	
18-25-27-4943-0001-4370	1	SOL -40	$10,414.57	
18-25-27-4943-0001-4380	1	SOL -40	$10,414.57	
18-25-27-4943-0001-4390	1	SOL -40	$10,414.57	
18-25-27-4943-0001-4400	1	SOL -40	$10,414.57	
18-25-27-4943-0001-4410	1	SOL -40	$10,414.57	
18-25-27-4943-0001-4420	1	SOL -40	$10,414.57	
18-25-27-4943-0001-4430	1	SOL -40	$10,414.57	
18-25-27-4943-0001-4440	1	SOL -50	$11,362.58	
18-25-27-4943-0001-4450	1	SOL -40	$10,414.57	
18-25-27-4943-0001-4460	1	SOL -40	$10,414.57	
18-25-27-4943-0001-4470	1	SOL -40	$10,414.57	
18-25-27-4943-0001-4480	1	SOL -40	$10,414.57	
18-25-27-4943-0001-4490	1	SOL -40	$10,414.57	
18-25-27-4943-0001-4500	1	SOL -40	$10,414.57	
18-25-27-4943-0001-4510	1	SOL -40	$10,414.57	
18-25-27-4943-0001-4520	1	SOL -40	$10,414.57	
18-25-27-4943-0001-4530	1	SOL -40	$10,414.57	
18-25-27-4943-0001-4540	1	SOL -40	$10,414.57	
18-25-27-4943-0001-4550	1	SOL -40	$10,414.57	
18-25-27-4943-0001-4560	1	SOL -40	$10,414.57	
18-25-27-4943-0001-4570	1	SOL -40	$10,414.57	
18-25-27-4943-0001-4580	1	SOL -40	$10,414.57	
18-25-27-4943-0001-4590	1	SOL -40	$10,414.57	
18-25-27-4943-0001-4600	1	SOL -40	$10,414.57	
18-25-27-4943-0001-4610	1	SOL -40	$10,414.57	
18-25-27-4943-0001-4620	1	SOL -40	$10,414.57	
18-25-27-4943-0001-4630	1	SOL -40	$10,414.57	
18-25-27-4943-0001-4640	1	SOL -40	$10,414.57	
18-25-27-4943-0001-4650	1	SOL -40	$10,414.57	
18-25-27-4943-0001-4660	1	SOL -40	$10,414.57	
18-25-27-4943-0001-4670	1	SOL -40	$10,414.57	
18-25-27-4943-0001-4680	1	SOL -40	$10,414.57	
18-25-27-4943-0001-4690	1	SOL -40	$10,414.57	
18-25-27-4943-0001-4700	1	SOL -50	$11,362.58	
18-25-27-4943-0001-4710	1	SOL -40	$10,414.57	
18-25-27-4943-0001-4720	1	SOL -40	$10,414.57	
18-25-27-4943-0001-4730	1	SOL -50	$11,362.58	
18-25-27-4943-0001-4740	1	SOL -50	$11,362.58	
18-25-27-4943-0001-4750	1	SOL -50	$11,362.58	
18-25-27-4943-0001-4760	1	SOL -50	$11,362.58	
18-25-27-4943-0001-4770	1	SOL -50	$11,362.58	
18-25-27-4943-0001-4780	1	SOL -50	$11,362.58	
18-25-27-4943-0001-4790	1	SOL -50	$11,362.58	
18-25-27-4943-0001-4800	1	SOL -50	$11,362.58	
18-25-27-4943-0001-4810	1	SOL -40	$10,414.57	
18-25-27-4943-0001-4820	1	SOL -40	$10,414.57	
18-25-27-4943-0001-4830	1	SOL -40	$10,414.57	
18-25-27-4943-0001-4840	1	SOL -40	$10,414.57	
18-25-27-4943-0001-4850	1	SOL -50	$11,362.58	
18-25-27-4943-0001-4860	1	SOL -50	$11,362.58	
18-25-27-4943-0001-4870	1	SOL -50	$11,362.58	
18-25-27-4943-0001-4880	1	SOL -50	$11,362.58	
18-25-27-4943-0001-4890	1	SOL -50	$11,362.58	
18-25-27-4943-0001-4900	1	SOL -40	$10,414.57	
18-25-27-4943-0001-4910	1	SOL -50	$11,362.58	
18-25-27-4943-0001-4920	1	SOL -50	$11,362.58	
18-25-27-4943-0001-4930	1	SOL -50	$11,362.58	
18-25-27-4943-0001-4940	1	SOL -50	$11,362.58	
18-25-27-4943-0001-4950	1	SOL -50	$11,362.58	

Parcel ID	

Units	

Type	Series 2019 (Soloara Ph. 2) Outstanding Bonds as of 2/17/2025	
18-25-27-4943-0001-4960	1	SOL -40	$10,414.57	
18-25-27-4943-0001-4970	1	SOL -40	$10,414.57	
18-25-27-4943-0001-4980	1	SOL -50	$11,362.58	
18-25-27-4943-0001-4990	1	SOL -50	$11,362.58	
18-25-27-4943-0001-5000	1	SOL -50	$11,362.58	
18-25-27-4943-0001-5010	1	SOL -50	$11,362.58	
18-25-27-4943-0001-5020	1	SOL -50	$11,362.58	
18-25-27-4943-0001-5030	1	SOL -50	$11,362.58	
18-25-27-4943-0001-5040	1	SOL -50	$11,362.58	
18-25-27-4943-0001-5050	1	SOL -50	$11,362.58	
18-25-27-4943-0001-5060	1	SOL -50	$11,362.58	
18-25-27-4943-0001-5070	1	SOL -50	$11,362.58	
18-25-27-4943-0001-5080	1	SOL -40	$10,414.57	
18-25-27-4943-0001-5090	1	SOL -40	$10,414.57	
18-25-27-4943-0001-5100	1	SOL-TH	$9,466.56	
18-25-27-4943-0001-5110	1	SOL-TH	$9,466.56	
18-25-27-4943-0001-5120	1	SOL-TH	$9,466.56	
18-25-27-4943-0001-5130	1	SOL-TH	$9,466.56	
18-25-27-4943-0001-5140	1	SOL-TH	$9,466.56	
18-25-27-4943-0001-5150	1	SOL-TH	$9,466.56	
18-25-27-4943-0001-5160	1	SOL-TH	$9,466.56	
18-25-27-4943-0001-5170	1	SOL-TH	$9,466.56	
18-25-27-4943-0001-5180	1	SOL-TH	$9,466.56	
18-25-27-4943-0001-5190	1	SOL-TH	$9,466.56	
18-25-27-4943-0001-5200	1	SOL-TH	$9,466.56	
18-25-27-4943-0001-5210	1	SOL-TH	$9,466.56	
18-25-27-4943-0001-5220	1	SOL-TH	$9,466.56	
18-25-27-4943-0001-5230	1	SOL-TH	$9,466.56	
18-25-27-4943-0001-5240	1	SOL-TH	$9,466.56	
18-25-27-4943-0001-5250	1	SOL-TH	$9,466.56	
18-25-27-4943-0001-5260	1	SOL-TH	$9,466.56	
18-25-27-4943-0001-5270	1	SOL-TH	$9,466.56	
18-25-27-4943-0001-5280	1	SOL-TH	$9,466.56	
18-25-27-4943-0001-5290	1	SOL-TH	$9,466.56	
18-25-27-4943-0001-5300	1	SOL-TH	$9,466.56	
18-25-27-4943-0001-5310	1	SOL-TH	$9,466.56	
18-25-27-4943-0001-5320	1	SOL-TH	$9,466.56	
18-25-27-4943-0001-5330	1	SOL-TH	$9,466.56	
18-25-27-4943-0001-5340	1	SOL-TH	$9,466.56	
18-25-27-4943-0001-5350	1	SOL-TH	$9,466.56	
18-25-27-4943-0001-5360	1	SOL-TH	$9,466.56	
18-25-27-4943-0001-5370	1	SOL-TH	$9,466.56	
18-25-27-4943-0001-5380	1	SOL-TH	$9,466.56	
18-25-27-4943-0001-5390	1	SOL-TH	$9,466.56	
18-25-27-4943-0001-5400	1	SOL-TH	$9,466.56	
18-25-27-4943-0001-5410	1	SOL-TH	$9,466.56	
18-25-27-4943-0001-5420	1	SOL-TH	$9,466.56	
18-25-27-4943-0001-5430	1	SOL-TH	$9,466.56	
18-25-27-4943-0001-5440	1	SOL-TH	$9,466.56	
18-25-27-4943-0001-5450	1	SOL-TH	$9,466.56	
18-25-27-4943-0001-5460	1	SOL-TH	$9,466.56	
18-25-27-4943-0001-5470	1	SOL-TH	$9,466.56	
18-25-27-4943-0001-5480	1	SOL-TH	$9,466.56	
18-25-27-4943-0001-5490	1	SOL-TH	$9,466.56	
18-25-27-4943-0001-5500	1	SOL-TH	$9,466.56	
18-25-27-4943-0001-5510	1	SOL-TH	$9,466.56	
18-25-27-4943-0001-5520	1	SOL-TH	$9,466.56	
18-25-27-4943-0001-5530	1	SOL-TH	$9,466.56	
18-25-27-4943-0001-5540	1	SOL-TH	$9,466.56	
18-25-27-4943-0001-5550	1	SOL-TH	$9,466.56	
18-25-27-4943-0001-5560	1	SOL-TH	$9,466.56	
18-25-27-4943-0001-5570	1	SOL-TH	$9,466.56	
18-25-27-4943-0001-5580	1	SOL-TH	$9,466.56	
18-25-27-4943-0001-5590	1	SOL-TH	$9,466.56	
18-25-27-4943-0001-5600	1	SOL-TH	$9,466.56	
18-25-27-4943-0001-5610	1	SOL-TH	$9,466.56	
18-25-27-4943-0001-5620	1	SOL-TH	$9,466.56	
18-25-27-4943-0001-5630	1	SOL-TH	$9,466.56	
18-25-27-4943-0001-5640	1	SOL-TH	$9,466.56	
18-25-27-4943-0001-5650	1	SOL-TH	$9,466.56	
18-25-27-4943-0001-5660	1	SOL-TH	$9,466.56	
18-25-27-4943-0001-5670	1	SOL-TH	$9,466.56	
18-25-27-4943-0001-5680	1	SOL-TH	$9,466.56	
18-25-27-4943-0001-5690	1	SOL-TH	$9,466.56	
18-25-27-4943-0001-5700	1	SOL-TH	$9,466.56	
18-25-27-4943-0001-5710	1	SOL-TH	$9,466.56	
18-25-27-4943-0001-5720	1	SOL-TH	$9,466.56	
18-25-27-4943-0001-5730	1	SOL-TH	$9,466.56	
18-25-27-4943-0001-5740	1	SOL-TH	$9,466.56	
18-25-27-4943-0001-5750	1	SOL-TH	$9,466.56	
18-25-27-4943-0001-5760	1	SOL-TH	$9,466.56	
18-25-27-4943-0001-5770	1	SOL-TH	$9,466.56	
18-25-27-4943-0001-5780	1	SOL-TH	$9,466.56	
18-25-27-4943-0001-5790	1	SOL-TH	$9,466.56	
18-25-27-4943-0001-5800	1	SOL-TH	$9,466.56	
18-25-27-4943-0001-5810	1	SOL-TH	$9,466.56	
18-25-27-4943-0001-5820	1	SOL-TH	$9,466.56	
18-25-27-4943-0001-5830	1	SOL-TH	$9,466.56	
18-25-27-4943-0001-5840	1	SOL-TH	$9,466.56	
18-25-27-4943-0001-5850	1	SOL-TH	$9,466.56	
18-25-27-4943-0001-5860	1	SOL-TH	$9,466.56	
18-25-27-4943-0001-5870	1	SOL-TH	$9,466.56	
18-25-27-4943-0001-5880	1	SOL-TH	$9,466.56	

Parcel ID	

Units	

Type	Series 2019 (Soloara Ph. 2) Outstanding Bonds as of 2/17/2025	
18-25-27-4943-0001-5890	1	SOL-TH	$9,466.56	
18-25-27-4943-0001-5900	1	SOL-TH	$9,466.56	
18-25-27-4943-0001-5910	1	SOL-TH	$9,466.56	
18-25-27-4943-0001-5920	1	SOL-TH	$9,466.56	
18-25-27-4943-0001-5930	1	SOL-TH	$9,466.56	
18-25-27-4943-0001-5940	1	SOL-TH	$9,466.56	
18-25-27-4943-0001-5950	1	SOL-TH	$9,466.56	
Total Outstanding Bonds	283		$2,935,000.00	

Section VII

RESOLUTION 2025-04
A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE WESTSIDE COMMUNITY DEVELOPMENT DISTRICT APPROVING A PROPOSED BUDGET FOR FISCAL YEAR 2024/2025 AND SETTING A PUBLIC HEARING THEREON PURSUANT TO FLORIDA LAW; ADDRESSING TRANSMITTAL, POSTING AND PUBLICATION REQUIREMENTS; ADDRESSING SEVERABILITY; AND PROVIDING AN EFFECTIVE DATE.

WHEREAS, the District Manager has heretofore prepared and submitted to the Board of Supervisors (“Board”) of the Westside Community Development District (“District”) prior to June 15, 2025, a proposed budget (“Proposed Budget”) for the fiscal year beginning October 1, 2025 and ending September 30, 2026 (“Fiscal Year 2025/2026”); and

WHEREAS, the Board has considered the Proposed Budget and desires to set the required public hearing thereon.

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE WESTSIDE COMMUNITY DEVELOPMENT DISTRICT:
PROPOSED BUDGET APPROVED. The Proposed Budget prepared by the District Manager for Fiscal Year 2024/2025 attached hereto as Exhibit A is hereby approved as the basis for conducting a public hearing to adopt said Proposed Budget.
SETTING A PUBLIC HEARING. A public hearing on said approved Proposed Budget is hereby declared and set for the following date, hour and location:

DATE:	July 15, 2025
HOUR:	11:00 a.m.
LOCATION:	Hart Memorial Central Library
211 E. Dakin Avenue Kissimmee, FL 34741
TRANSMITTAL  OF  PROPOSED  BUDGET  TO  LOCAL  GENERAL
PURPOSE GOVERNMENT. The District Manager is hereby directed to submit a copy of the Proposed Budget to Osceola County at least 60 days prior to the hearing set above.
POSTING OF PROPOSED BUDGET. In accordance with Section 189.016, Florida Statutes, the District’s Secretary is further directed to post the approved Proposed Budget on the District’s website at least two days before the budget hearing date as set forth in Section 2, and shall remain on the website for at least 45 days.

PUBLICATION OF NOTICE. Notice of this public hearing shall be published in the manner prescribed in Florida law.

SEVERABILITY. The invalidity or unenforceability of any one or more provisions of this Resolution shall not affect the validity or enforceability of the remaining portions of this Resolution, or any part thereof.
EFFECTIVE DATE. This Resolution shall take effect immediately upon adoption.
PASSED AND ADOPTED THIS 1st DAY OF April, 2025.
ATTEST:	WESTSIDE	COMMUNITY DEVELOPMENT DISTRICT

By:	

Secretary	Its:	

Westside
Community Development District

Proposed Budget
FY2026

6M3

1-2		General Fund	
3-9		General Fund Narrative	
10		Capital Reserve Fund	
11		Capital Reserve Narrative	
12		Series 2005-2 Debt Service	
13		Series 2007-2 Debt Service	
14		Series 2018 - Solara Phase 1 Debt Service	
15		Series 2018 - Solara Phase 1 Amortization	
16		Series 2018 Solara Phase 1 - Allocation Methodology	
17		Series 2019 - Solara Phase 2 Debt Service	
18		Series 2019 - Solara Phase 2 Amortization	
19		Series 2019 - Solara Phase 2 Allocation Methodology	
20		Series 2019 - Refunding Debt Service	
21		Series 2019 - Refunding Amortization	
22		Series 2019 - Refunding Allocation Methodology	
23		Series 2019 - Parcel K Debt Service	
24		Series 2019 - Parcel K Amortization	
25		Series 2019 - Parcel K Allocation Methodology	

	Series 2022 AA1 - Solara Phase 3 Debt Service

	Series 2022 AA1 - Solara Phase 3 Debt Service Amortization

	Series 2022 AA1 - Solara Phase 3 Allocation Methodology

	Series 2022 AA2 - Soleil Debt Service

	Series 2022 AA2 - Soleil Debt Service Amortization

	Series 2022 AA2 - Soleil Debt Allocation Methodology

	Adopted Budget	Actuals Thru	Projected Next	Total Projected	Proposed Budget	
	FY2025	2/28/25	7 Months	9/30/25	FY2026	

Revenues						
Assessments - Tax Roll	$	589,729	$	458,264	$	131,466	$	589,729	$	589,729	
Interest Income	$	1,000	$	2,440	$	3,416	$	5,856	$	2,928	
Miscellaneous Revenue	$	-	$	110	$	-	$	110	$	-	
Carry Forward Balance	$	259,753	$	317,637	$	-	$	317,637	$	56,249	
Total Revenues	$	850,482	$	778,451	$	134,882	$	913,333	$	648,906	

Expenditures						
Administrative						
Supervisor Fees	$	12,000	$	1,200	$	3,000	$	4,200	$	12,000	
FICA Expense	$	918	$	92	$	230	$	321	$	918	
Engineering Fees	$	15,000	$	1,913	$	8,088	$	10,000	$	15,000	
Legal Services	$	40,000	$	11,666	$	16,800	$	28,466	$	40,000	
Arbitrage Fees	$	3,600	$	1,800	$	1,800	$	3,600	$	3,600	
Management Fees	$	52,015	$	21,673	$	30,342	$	52,015	$	53,575	
Information Technology	$	2,004	$	835	$	1,169	$	2,004	$	2,064	
Website Maintenance	$	1,336	$	557	$	779	$	1,336	$	1,376	
Dissemination Fees	$	23,373	$	9,739	$	13,634	$	23,373	$	24,074	
Trustee Fees	$	29,042	$	12,185	$	16,858	$	29,042	$	31,947	
Assessment Roll Services	$	13,913	$	13,913	$	-	$	13,913	$	14,330	
Auditing Services	$	4,950	$	-	$	4,000	$	4,000	$	4,950	
Telephone	$	100	$	-	$	58	$	58	$	100	
Postage	$	2,250	$	500	$	1,000	$	1,500	$	2,250	
Insurance - General Liability	$	10,545	$	10,545	$	-	$	10,545	$	12,127	
Printing and Binding	$	1,500	$	37	$	500	$	537	$	1,500	
Legal Advertising	$	1,800	$	512	$	1,288	$	1,800	$	1,800	
Other Current Charges	$	1,600	$	518	$	770	$	1,288	$	1,600	
Office Supplies	$	400	$	31	$	29	$	60	$	400	
Property Appraiser's Fee	$	1,400	$	924	$	-	$	924	$	1,400	
Property Taxes	$	200	$	3	$	197	$	200	$	200	
Dues, Licenses & Subscriptions	$	175	$	175	$	-	$	175	$	175	
Total Administrative	$	218,121	$	88,817	$	100,541	$	189,359	$	225,387	

	Adopted Budget FY2025	Actuals Thru 2/28/25	Projected Next
7 Months	Total Projected 9/30/25	Proposed Budget FY2026	

Operations & Maintenance						
Landscape Maintenance	$	348,863	$	138,438	$	193,813	$	332,250	$	348,863	
Oak Tree Maintenance	$	25,000	$	24,727	$	273	$	25,000	$	20,000	
Irrigation Repairs	$	25,000	$	21,567	$	40,181	$	61,748	$	30,000	
Plant Replacement	$	30,000	$	15,528	$	14,472	$	30,000	$	30,000	
Electric	$	1,997	$	191	$	280	$	471	$	1,997	
Streetlighting	$	64,311	$	23,740	$	34,260	$	58,000	$	64,311	
Irrigation Water	$	47,759	$	34,259	$	47,957	$	82,216	$	90,438	
Property Insurance	$	1,922	$	1,464	$	-	$	1,464	$	1,922	
Field Management	$	22,581	$	9,409	$	13,172	$	22,581	$	23,258	
Lake & Wetland Maintenance	$	24,653	$	6,977	$	10,500	$	17,477	$	24,653	
Sidewalk Repairs & Maintenance	$	4,000	$	9,755	$	-	$	9,755	$	4,000	
Contingency	$	36,275	$	5,603	$	21,161	$	26,764	$	-	
Total Operations & Maintenance	$	632,361	$	291,657	$	376,069	$	667,726	$	639,441	
						
Total Expenditures	$	850,482	$	380,474	$	476,610	$	857,084	$	864,828	

Other Sources/(Uses)						
Transfer In - Capital Reserve	$	-	$	-	$	-	$		$	215,921	
Subtotal Other Sources/(Uses)	$	-	$	-	$	-	$	$	215,921	

-

-

Excess Revenues/(Expenditures)	$	-	$	397,977	$	(341,728)	$	56,249	$	-	
	
FY2022	
FY2023	
FY2024	
FY2025	
FY2026	
Net Assessments	$566,228	$566,228	$589,729	$589,729	$589,729	
Add: Discounts & Collections	$36,142	$36,142	$37,642	$37,642	$37,642	
Gross Assessments	$602,370	$602,370	$627,372	$627,372	$627,372	

Units	
3828.11	
3828.11	
3987.11	
3987.11	
3987.11	
Per Unit Gross Assessment	$157	$157	$157	$157	$157	

Net Assessments	
$566,228	
$566,228	
$589,729	
$589,729	
$589,729	
Total Developable Units	3828.11	3828.11	3987.11	3987.11	3987.11	
Per Unit Net Assessments	$148	$148	$148	$148	$148	

Revenues:

Maintenance Assessments

The District will levy a Non-Ad Valorem assessment on all the assessable property within the District in order to pay for the operating expenditures during the Fiscal Year.

Interest Income

The District earns interest income on their checking account with Truist Bank. Interest is calculated on the average monthly collected balance in the operating.

Expenditures:

Administrative:

Supervisor Fees

The Florida Statutes allows each board member to receive $200 per meeting not to exceed $4,800 in one year. The amount for the fiscal year is based upon 5 supervisors attending 12 meetings.

FICA Expense
Represents the Employer's share of Social Security and Medicare taxes withheld from Board of Supervisors checks.

Engineering Fees

The District's engineer, Hanson, Walter & Associates, will provide general engineering services to the District, i.e. attendance and preparation for monthly board meetings, review of invoices, and other specifically requested assignments.

Legal Services

The District's legal counsel, Latham, Shuker, Eden & Beaudine, will provide general legal services to the District, i.e. attendance and preparation for monthly meetings, review of operating and maintenance contracts, and other specifically requested assignments.

Arbitrage Fees

The District has contracted with AMTEC, an independent certified public accountant, to annually calculate the District’s Arbitrage Rebate Liability on the Series 2005, 2007, 2018, 2019, 2019 Refunding, 2019 Parcel K, 2022-1 and 2022-2 Bonds.

Management Fees

The District has contracted with Governmental Management Services-Central Florida, LLC to provide Management, Accounting and Recording Secretary Services for the District. The services include, but not limited to, recording and transcription of board meetings, administrative services, budget preparation, all financial reporting, annual audits, etc.

Information Technology

Represents various cost of information technology for the District such as video conferencing, cloud storage and servers, positive pay implementation and programming for fraud protection, accounting software, tablets for meetings, Adobe, Microsoft Office, etc. Governmental Management Services – Central Florida, LLC provides these systems.

Website Maintenance

Represents the costs associated with monitoring and maintaining the District’s website created in accordance with Chapter 189, Florida Statutes. These services include site performance assessments, security and firewall maintenance, updates, document uploads, hosting and domain renewals, website backups, etc. Governmental Management Services – Central Florida, LLC provides these services.

Dissemination Fees

The District is required by the Security and Exchange Commission to comply with Rule 15c2-12(b)(5) which relates to additional report requirements for unrated bond issues. Governmental Management Services-Central Florida LLC provides this service for the Series 2018, Series 2019, Series 2019 Refunding, Series 2019 Parcel K, Series 2022-1, and Series 2022-2 bonds. Governmental Management Services – Central Florida, LLC provides these services.

Trustee Fees

The District will pay annual fees for Series 2018, 2019, 2019 Refunding, 2019 Parcel K, 2022-1 and 2022-2 Special Assessment Revenue Bonds that are deposited with a Trustee at US Bank, N.A.

Assessment Roll Services

The District has contracted with Governmental Management Services-Central Florida, LLC for the collection of prepaid assessments, updating the District’s Tax Roll and levying the annual assessment.

Auditing Services

The District is required to conduct an annual audit of its financial records by an Independent Certified Public Accounting Firm.

Telephone

Telephone and fax machine expenses. Governmental Management Services – Central Florida, LLC provides these services.

Postage

Represents postage cost used for District mailings including agenda packages, vendor checks and other correspondence. Governmental Management Services – Central Florida, LLC provides these services.

Insurance – General Liability

The District’s general liability and public official’s liability insurance coverage is provided by the Florida Insurance Alliance (FIA). FIA specializes in providing insurance coverage to governmental agencies.

Printing and Binding

Includes copy charges for printing of agenda packages, required mailings, and other special projects. Governmental Management Services – Central Florida, LLC provides these services.
Legal Advertising

The District is required to advertise various notices for monthly Board meetings and other public hearings in a newspaper of general circulation.

Other Current Charges

Bank charges and any other miscellaneous charges incurred by the District.

Office Supplies

Supplies used in the preparation and binding of agenda packages, required mailings, and other special projects. Governmental Management Services – Central Florida, LLC provides these services.

Property Appraiser’s Fee

Represents a fee charged by Osceola County Property Appraiser’s office for assessment administration services.

Property Taxes

Represents the estimated Non-Ad Valorem assessments on District property levied by Osceola County.

Dues, Licenses & Subscriptions

The District is required to pay an annual fee to the Department of Economic Opportunity for $175. This is the only anticipated expenditure for this category.
Operations & Maintenance

Landscape Maintenance

The District currently has a contract to maintain the landscaping within the District, including: General (mowing, edging, trimming, weeding, pruning and maintenance), irrigation inspection, fertilization, Solara pond mowing, and pest control services. The District has contracted with Yellowstone Landscape.

Description	Monthly Amount	Annual Amount	
Original Agreement	$7,804	$93,648	
Solara Ponds	$1,025	$12,300	
Solara Phase 1	$5,002	$60,024	
Solara Phase 2	$3,791	$45,491	
Goodman Road	$1,335	$16,020	
Westside Blvd Extension	$2,840	$34,080	
Estimated Solara Future Areas	$1,550	$18,600	
Estimated Soleil Areas	$5,725	$68,700	
Total		$348,863	

Oak Tree Maintenance

The District will incur costs for the maintenance of the oak trees. Irrigation Repairs
The District pays Yellowstone Landscape for various repairs/replacements to the irrigation systems that include but are not limited to spray heads, nozzles, rotors, controllers, etc. any increase in amount is based on proposal by Yellowstone Landscape.

Plant Replacement

Represents costs for maintenance of tree, shrub, and other plant material replacements. Amount includes an enhancement proposal by Yellowstone Landscape.

Electric

The District has the following utility account(s) with Duke Energy to provide electricity for the common areas.

Account #	

Address	Estimated Monthly
Amount	Estimated Annual
Amount	
15704 70086	9000 W Irlo Bronson Memorial Hwy	$65	$782	
	Contingency			$1,215		
Total			$1,997	

Streetlights

The District maintains the following streetlights with Duke Energy along Westside Boulevard.

Account #	

Address	Estimated Monthly
Amount	Estimated Annual
Amount	
09047 36125	000 Westside Blvd Lite, Entrance	$5,000	$60,000	
	Contingency - Streetlight			$4,311		
Total			$64,311	

Irrigation Water

The District has the following utility accounts with Toho Water Authority for reclaimed water.

Account #	

Address	Estimated
Monthly Amount	Estimated
Annual Amount	
2118575-1129340	0 Westside Blvd Reclaim	$5,833	$70,000	
2118575-1124768	2400 Blk Even Westside Blvd	$40	$480	
2118575-920460	0 Westside Blvd Reclaim D	$40	$480	
	Contingency			$19,478		
Total			$90,438	

Property Insurance

The District’s property insurance coverage is provided by Florida Insurance Alliance (FIA). FIA specializes in providing insurance coverage to governmental agencies.

Field Management

Provide onsite field management of contracts for District services such as landscape and lake maintenance. Services to include weekly site inspections, meetings with contractors, monitoring of utility accounts, attend Board meetings and respond to property owner phone calls and emails.

Lake and Wetland Maintenance

The District has a permit obligation to comply with certain conditions for the establishment and maintenance and monitoring of upland/wetland conservation areas and for maintenance of the lakes. The amount is based on contracts with Aquatic Weed Management.

Description	Monthly
Amount	Annual
Amount	
Stormwater Pond Plant Management	$1,075	$12,900	
Quarterly Fountain Maintenance		$749	
Quarterly Mitigation Maintenance		$6,000	
Estimated New Ponds		$3,600	
Contingency			$1,314		
Total		$ 24,653	

Sidewalk Repairs & Maintenance

Any costs related to the maintenance of the District’s sidewalks which includes grinding and pressure washing.

Contingency

Any other miscellaneous charges incurred by the District. Stormwater/Lake Repair
Represents contingency for potential repairs to stormwater system.

Westside
Community Development District
Proposed Budget Capital Reserve Fund

	Adopted Budget FY2025	Actuals Thru 2/28/25	Projected Next
7 Months	Total Projected 9/30/25	Proposed Budget FY2026	

Revenues						

Interest	$	-	$	13,057	
$	18,279	
$	31,336	
$	-	
Carry Forward Surplus	$	1,285,537	$	1,245,806	$	-	$	1,245,806	$	1,240,642	
Total Revenues	$	1,285,537	$	1,258,863	$	18,279	$	1,277,142	$	1,240,642	

Expenditures						
Miscellaneous Expense	$	1,500	$	203	$	1,297	$	1,500	$	1,500	
Capital Outlay - Landscaping	$	50,000	$	-	$	35,000	$	35,000	$	50,000	
Total Expenditures	$	51,500	$	203	$	36,297	$	36,500	$	51,500	

Other Sources						
Transfer In (Out)	$	-	$	-	$	-	$	-	$	(215,921)	

Total Other Sources/(Uses)

$

-	$

-	$

-

$

-

$

(215,921)

Excess Revenues/(Expenditures)

$	1,234,037	$	1,258,660	$

(18,018)  $	1,240,642	$

973,221

Capital Reserve Budget

Revenues:

Interest Income

The District earns interest income on their checking account with Truist Bank. Interest is calculated on the average monthly collected balance in the operating.

Expenditures:

Miscellaneous Expense

Bank charges and any other miscellaneous charges incurred by the District. Capital Outlay - Landscaping
Represents the landscaping expenses within the District, including: General (mowing, edging, trimming, weeding, pruning and maintenance), irrigation inspection, fertilization, and pest control services.

	Adopted Budget	Proposed Budget	
	FY2025	FY2026	

Revenues

Assessments - Series 2005-2	

$	110,963	

$	110,963	
Total Revenues	$	110,963	$	110,963	

Expenditures

Debt Service Obligation	

$	110,963	

$	110,963	
Total Expenditures	$	110,963	$	110,963	
			
Excess Revenues/(Expenditures)	$	-	$	-	

	Adopted Budget	Proposed Budget	
	FY2025	FY2026	

Revenues

Assessments - Series 2007-2	

$	39,800	

$	39,800	
Total Revenues	$	39,800	$	39,800	

Expenditures

Debt Service Obligation	

$	39,800	

$	39,800	
Total Expenditures	$	39,800	$	39,800	
			
Excess Revenues/(Expenditures)	$	-	$	-	

Proposed Budget
Series 2018 - Solara Phase 1 Debt Service Fund

	Adopted Budget	Actuals Thru	Projected Next	Total Projected	Proposed Budget	
	FY2025	2/28/25	7 Months	9/30/25	FY2026	

Revenues						
Assessments	$	230,130	$	178,630	$	51,500	$	230,130	$	230,130	
Interest	$	-	$	4,408	$	6,172	$	10,580	$	-	
Carryforward Surplus (1)	$	140,098	$	143,927	$	-	$	143,927	$	153,837	
Total Revenues	$	370,228	$	326,965	$	57,672	$	384,637	$	383,967	

Expenditures						
Interest - 11/1	$	80,400	$	80,400	$	-	$	80,400	$	78,650	
Interest - 5/1	$	80,400	$	-	$	80,400	$	80,400	$	78,650	
Principal - 5/1	$	70,000	$	-	$	70,000	$	70,000	$	70,000	
Total Expenditures	$	230,800	$	80,400	$	150,400	$	230,800	$	227,300	
						
Excess Revenues/(Expenditures)	$	139,428	$	246,565	$	(92,728)	$	153,837	$	156,667	

Interest - 11/1/2026	$	76,900

(1) Carryforward Surplus is net of Debt Service Reserve Funds

Series 2018 Special Assessment Bonds Amortization Schedule

Date	Balance	Principal	Interest	Total

11/01/25	$	3,075,000.00	$	
05/01/26	$	3,075,000.00	$	70	
11/01/26	$	3,005,000.00	$	
05/01/27	$	3,005,000.00	$	75	
11/01/27	$	2,930,000.00	$	
05/01/28	$	2,930,000.00	$	80	
11/01/28	$	2,850,000.00	$	
05/01/29	$	2,850,000.00	$	85	
11/01/29	$	2,765,000.00	$	
05/01/30	$	2,765,000.00	$	90	
11/01/30	$	2,675,000.00	$	
05/01/31	$	2,675,000.00	$	95	
11/01/31	$	2,580,000.00	$	
05/01/32	$	2,580,000.00	$	100	
11/01/32	$	2,480,000.00	$	
05/01/33	$	2,480,000.00	$	105	
11/01/33	$	2,375,000.00	$	
05/01/34	$	2,375,000.00	$	110	
11/01/34	$	2,265,000.00	$	
05/01/35	$	2,265,000.00	$	115	
11/01/35	$	2,150,000.00	$	
05/01/36	$	2,150,000.00	$	120	
11/01/36	$	2,030,000.00	$	
05/01/37	$	2,030,000.00	$	125	
11/01/37	$	1,905,000.00	$	
05/01/38	$	1,905,000.00	$	130	
11/01/38	$	1,775,000.00	$	
05/01/39	$	1,775,000.00	$	140	
11/01/39	$	1,635,000.00	$	
05/01/40	$	1,635,000.00	$	145	
11/01/40	$	1,490,000.00	$	
05/01/41	$	1,490,000.00	$	155	
11/01/41	$	1,335,000.00	$	
05/01/42	$	1,335,000.00	$	165	
11/01/42	$	1,170,000.00	$	
05/01/43	$	1,170,000.00	$	170	
11/01/43	$	1,000,000.00	$	
05/01/44	$	1,000,000.00	$	180	
11/01/44	$	820,000.00	$	
05/01/45	$	820,000.00	$	190	
11/01/45	$	630,000.00	$	
05/01/46	$	630,000.00	$	200	
11/01/46	$	430,000.00	$	
05/01/47	$	430,000.00	$	210	
11/01/47	$	220,000.00	$	
05/01/48	$	220,000.00	$	220	
			$	3,145	

$	78,650.00	$	229,050.00	
$	78,650.00	$	-	
$	76,900.00	$	225,550.00	
$	76,900.00	$	-	
$	75,025.00	$	226,925.00	
$	75,025.00	$	-	
$	73,025.00	$	228,050.00	
$	73,025.00	$	-	
$	70,900.00	$	228,925.00	
$	70,900.00	$	-	
$	68,650.00	$	229,550.00	
$	68,650.00	$	-	
$	66,275.00	$	229,925.00	
$	66,275.00	$	-	
$	63,775.00	$	230,050.00	
$	63,775.00	$	-	
$	61,150.00	$	229,925.00	
$	61,150.00	$	-	
$	58,400.00	$	229,550.00	
$	58,400.00	$	-	
$	55,525.00	$	228,925.00	
$	55,525.00	$	-	
$	52,525.00	$	228,050.00	
$	52,525.00	$	-	
$	49,400.00	$	226,925.00	
$	49,400.00	$	-	
$	46,150.00	$	225,550.00	
$	46,150.00	$	-	
$	42,510.00	$	228,660.00	
$	42,510.00	$	-	
$	38,740.00	$	226,250.00	
$	38,740.00	$	-	
$	34,710.00	$	228,450.00	
$	34,710.00	$	-	
$	30,420.00	$	230,130.00	
$	30,420.00	$	-	
$	26,000.00	$	226,420.00	
$	26,000.00	$	-	
$	21,320.00	$	227,320.00	
$	21,320.00	$	-	
$	16,380.00	$	227,700.00	
$	16,380.00	$	-	
$	11,180.00	$	227,560.00	
$	11,180.00	$	-	
$	5,720.00	$	226,900.00	
$	5,720.00	$	225,720.00	

-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00

,000.00	$

2,327,060.00	$

5,472,060.00

Westside
Community Development District
Special Assessment Revenue Bonds - Series 2018

		Allocation Methodology			
		For Solara Phase 1 Assessment Area			
			
Net Annual	
Gross Annual	
		Allocation of Par	Maximum	Debt	Debt	
		Debt Per Product	Total Par	Annual Debt	Assesssment	Assessment Per	
PRODUCT	No. of Units	Type	Debt Per Unit	Service	Per Unit	Unit (1)	
Townhomes	76	$	757,829	$	9,971	$	49,971	$	658	$	699	
Single Family 40'	92	$	1,009,109	$	10,969	$	66,540	$	723	$	769	
Single Family 50'	144	$	1,723,062	$	11,966	$	113,618	$	789	$	839	
TOTAL	312	$	3,490,000	$	230,129			

(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	

Proposed Budget
Series 2019 - Solara Phase 2 Debt Service Fund

	Adopted Budget	Actuals Thru	Projected Next	Total Projected	Proposed Budget	
	FY2025	2/28/25	7 Months	9/30/25	FY2026	

Revenues						
Assessments	$	203,846	$	158,301	$	45,545	$	203,846	$	203,846	
Interest	$	-	$	3,634	$	5,088	$	8,722	$	-	
Carryforward Surplus (1)	$	108,847	$	112,196	$	-	$	112,196	$	123,016	
Total Revenues	$	312,693	$	274,131	$	50,633	$	324,764	$	326,862	

Expenditures						
Interest - 11/1	$	68,374	$	68,374	$	-	$	68,374	$	67,106	
Interest - 5/1	$	68,374	$	-	$	68,374	$	68,374	$	67,106	
Principal - 5/1	$	65,000	$	-	$	65,000	$	65,000	$	70,000	
Total Expenditures	$	201,748	$	68,374	$	133,374	$	201,748	$	204,213	
						
Excess Revenues/(Expenditures)	$	110,946	$	205,757	$	(82,741)	$	123,016	$	122,650	

Interest - 11/1/2026	$	65,741.25

(1) Carryforward Surplus is net of Debt Service Reserve Funds

Series 2019 (Solara Ph2) Special Assessment Bonds Amortization Schedule

Date	Balance	Principal	Interest	Total

11/01/25	$	2,870,000.00	$	
05/01/26	$	2,870,000.00	$	70	
11/01/26	$	2,800,000.00	$	
05/01/27	$	2,800,000.00	$	70	
11/01/27	$	2,730,000.00	$	
05/01/28	$	2,730,000.00	$	75	
11/01/28	$	2,655,000.00	$	
05/01/29	$	2,655,000.00	$	75	
11/01/29	$	2,580,000.00	$	
05/01/30	$	2,580,000.00	$	80	
11/01/30	$	2,500,000.00	$	
05/01/31	$	2,500,000.00	$	85	
11/01/31	$	2,415,000.00	$	
05/01/32	$	2,415,000.00	$	90	
11/01/32	$	2,325,000.00	$	
05/01/33	$	2,325,000.00	$	90	
11/01/33	$	2,235,000.00	$	
05/01/34	$	2,235,000.00	$	95	
11/01/34	$	2,140,000.00	$	
05/01/35	$	2,140,000.00	$	100	
11/01/35	$	2,040,000.00	$	
05/01/36	$	2,040,000.00	$	105	
11/01/36	$	1,935,000.00	$	
05/01/37	$	1,935,000.00	$	110	
11/01/37	$	1,825,000.00	$	
05/01/38	$	1,825,000.00	$	115	
11/01/38	$	1,710,000.00	$	
05/01/39	$	1,710,000.00	$	120	
11/01/39	$	1,590,000.00	$	
05/01/40	$	1,590,000.00	$	125	
11/01/40	$	1,465,000.00	$	
05/01/41	$	1,465,000.00	$	135	
11/01/41	$	1,330,000.00	$	
05/01/42	$	1,330,000.00	$	140	
11/01/42	$	1,190,000.00	$	
05/01/43	$	1,190,000.00	$	145	
11/01/43	$	1,045,000.00	$	
05/01/44	$	1,045,000.00	$	155	
11/01/44	$	890,000.00	$	
05/01/45	$	890,000.00	$	160	
11/01/45	$	730,000.00	$	
05/01/46	$	730,000.00	$	170	
11/01/46	$	560,000.00	$	
05/01/47	$	560,000.00	$	180	
11/01/47	$	380,000.00	$	
05/01/48	$	380,000.00	$	185	
11/01/48	$	195,000.00	$	
05/01/49	$	195,000.00	$	195	
			$	2,935	

$	67,106.25	$	200,480.00	
$	67,106.25	$	-	
$	65,741.25	$	202,847.50	
$	65,741.25	$	-	
$	64,376.25	$	200,117.50	
$	64,376.25	$	-	
$	62,913.75	$	202,290.00	
$	62,913.75	$	-	
$	61,451.25	$	199,365.00	
$	61,451.25	$	-	
$	59,601.25	$	201,052.50	
$	59,601.25	$	-	
$	57,635.63	$	202,236.88	
$	57,635.63	$	-	
$	55,554.38	$	203,190.00	
$	55,554.38	$	-	
$	53,473.13	$	199,027.50	
$	53,473.13	$	-	
$	51,276.25	$	199,749.38	
$	51,276.25	$	-	
$	48,963.75	$	200,240.00	
$	48,963.75	$	-	
$	46,535.63	$	200,499.38	
$	46,535.63	$	-	
$	43,991.88	$	200,527.50	
$	43,991.88	$	-	
$	41,332.50	$	200,324.38	
$	41,332.50	$	-	
$	38,557.50	$	199,890.00	
$	38,557.50	$	-	
$	35,526.25	$	199,083.75	
$	35,526.25	$	-	
$	32,252.50	$	202,778.75	
$	32,252.50	$	-	
$	28,857.50	$	201,110.00	
$	28,857.50	$	-	
$	25,341.25	$	199,198.75	
$	25,341.25	$	-	
$	21,582.50	$	201,923.75	
$	21,582.50	$	-	
$	17,702.50	$	199,285.00	
$	17,702.50	$	-	
$	13,580.00	$	201,282.50	
$	13,580.00	$	-	
$	9,215.00	$	202,795.00	
$	9,215.00	$	-	
$	4,728.75	$	198,943.75	
$	4,728.75	$	199,728.75	

-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00

,000.00	$

2,082,967.50	$

5,017,967.50

Westside
Community Development District
Special Assessment Revenue Bonds - Series 2019

		Allocation Methodology			
		For Solara Phase 2 Assessment Area			
			
Net Annual	
Gross Annual	
		Allocation of Par	Maximum	Debt	Debt	
		Debt Per Product	Total Par	Annual Debt	Assesssment	Assessment Per	
PRODUCT	No. of Units	Type	Debt Per Unit	Service	Per Unit	Unit (1)	
Townhomes	86	$	895,487	$	12,495	$	56,507	$	657	$	699	
Single Family 40'	122	$	1,397,376	$	11,454	$	88,189	$	723	$	769	
Single Family 50'	75	$	937,137	$	10,413	$	59,150	$	789	$	839	
TOTAL	283	$	3,230,000	$	203,846			

(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	

Proposed Budget
Series 2019 - Refunding Bonds Debt Service Fund

	Adopted Budget	Actuals Thru	Projected Next	Total Projected	Proposed Budget	
	FY2025	2/28/25	7 Months	9/30/25	FY2026	

Revenues						

Assessments	$	1,007,205	$	782,674	
$	224,532	
$	1,007,205	
$	1,007,205	
Interest	$	-	$	20,657	$	28,920	$	49,577	$	-	
Carryforward Surplus (1)	$	602,389	$	617,859	$	-	$	617,859	$	663,652	
Total Revenues	$	1,609,595	$	1,421,189	$	253,451	$	1,674,641	$	1,670,858	

Expenditures						
Interest - 11/1	$	207,994	$	207,994	$	-	$	207,994	$	196,838	
Interest - 5/1	$	207,994	$	-	$	207,994	$	207,994	$	196,838	
Principal - 5/1	$	595,000	$	-	$	595,000	$	595,000	$	625,000	
Total Expenditures	$	1,010,989	$	207,994	$	802,994	$	1,010,989	$	1,018,676	
						
Excess Revenues/(Expenditures)	$	598,606	$	1,213,195	$	(549,543)	$	663,652	$	652,181	

Interest - 11/1/2026	$	185,119.38

(1) Carryforward Surplus is net of Debt Service Reserve Funds

Series 2019 (Refunding) Special Assessment Bonds Amortization Schedule

Date		Balance	Principal	Interest	Total	
						
11/01/25	$	9,805,000.00	$	-	$	196,838.13	$	999,832.50	
05/01/26	$	9,805,000.00	$	625,000.00	$	196,838.13	$	-	
11/01/26	$	9,180,000.00	$	-	$	185,119.38	$	1,006,957.50	
05/01/27	$	9,180,000.00	$	645,000.00	$	185,119.38	$	-	
11/01/27	$	8,535,000.00	$	-	$	173,025.63	$	1,003,145.00	
05/01/28	$	8,535,000.00	$	670,000.00	$	173,025.63	$	-	
11/01/28	$	7,865,000.00	$	-	$	160,463.13	$	1,003,488.75	
05/01/29	$	7,865,000.00	$	695,000.00	$	160,463.13	$	-	
11/01/29	$	7,170,000.00	$	-	$	147,431.88	$	1,002,895.00	
05/01/30	$	7,170,000.00	$	725,000.00	$	147,431.88	$	-	
11/01/30	$	6,445,000.00	$	-	$	132,527.50	$	1,004,959.38	
05/01/31	$	6,445,000.00	$	755,000.00	$	132,527.50	$	-	
11/01/31	$	5,690,000.00	$	-	$	117,006.25	$	1,004,533.75	
05/01/32	$	5,690,000.00	$	785,000.00	$	117,006.25	$	-	
11/01/32	$	4,905,000.00	$	-	$	100,868.13	$	1,002,874.38	
05/01/33	$	4,905,000.00	$	820,000.00	$	100,868.13	$	-	
11/01/33	$	4,085,000.00	$	-	$	84,010.63	$	1,004,878.75	
05/01/34	$	4,085,000.00	$	850,000.00	$	84,010.63	$	-	
11/01/34	$	3,235,000.00	$	-	$	66,536.25	$	1,000,546.88	
05/01/35	$	3,235,000.00	$	885,000.00	$	66,536.25	$	-	
11/01/35	$	2,350,000.00	$	-	$	48,342.50	$	999,878.75	
05/01/36	$	2,350,000.00	$	925,000.00	$	48,342.50	$	-	
11/01/36	$	1,425,000.00	$	-	$	29,326.25	$	1,002,668.75	
05/01/37	$	1,425,000.00	$	960,000.00	$	29,326.25	$	-	
11/01/37	$	465,000.00	$	-	$	9,590.63	$	998,916.88	
05/01/38	$	465,000.00	$	465,000.00	$	9,590.63	$	474,590.63	
			$	10,400,000.00	$	3,110,166.88	$	13,510,166.88	

Westside
Community Development District
Special Assessment Revenue Refunding Bonds - Series 2019

		Allocation Methodology					
		Refunding Bonds					
				
Net Annual	
Gross Annual		
			Par Debt Per	Debt	Debt	Maximum	
		Par Debt Per Unit	Par Debt Per Unit	Unit	Assesssment	Assessment Per	Annual Debt	
PRODUCT	No. of Units	2005-1	2007-1	Combined	Per Unit	Unit (1)	Service	
Single Family 70' - Calabria	75	$	10,518	$	1,673	$	12,191	$	948	$	1,008	$	71,093	
LR - Paradise Palms	553	$	0	$	4,714	$	4,714	$	357	$	379	$	197,216	
Townhome - Caribe Cove	187	$	5,259	$	1,673	$	6,932	$	537	$	572	$	100,462	
Single Family 50' - Tuscany	68	$	6,299	$	1,673	$	7,971	$	618	$	658	$	42,051	
Townhome - Bayhama Bay II	170	$	5,259	$	1,673	$	6,932	$	537	$	572	$	91,329	
Townhome - Golden Cay	124	$	4,750	$	1,673	$	6,423	$	497	$	529	$	61,689	
Townhome - Parcel K	100	$	5,249	$	1,673	$	6,922	$	536	$	571	$	53,643	
Single Family 40' - Parcel K	77	$	5,774	$	1,673	$	7,447	$	577	$	614	$	44,461	
Single Family 50' - Parcel K	14	$	6,299	$	1,673	$	7,971	$	618	$	658	$	8,658	
Townhome - Parcel L	158	$	5,249	$	1,673	$	6,922	$	536	$	571	$	84,756	
Single Family 50' - Parcel L	192	$	6,299	$	1,673	$	7,971	$	618	$	658	$	118,733	
Townhome - M1	276	$	0	$	6,375	$	6,375	$	482	$	513	$	133,115	
TOTAL	1,994					$	1,007,205	

Proposed Budget
Series 2019 - Parcel K Debt Service Fund

	Adopted Budget	Actuals Thru	Projected Next	Total Projected	Proposed Budget	
	FY2025	2/28/25	7 Months	9/30/25	FY2026	

Revenues						
Assessments	$	78,845	$	61,260	$	17,585	$	78,845	$	78,845	
Interest	$	-	$	2,931	$	4,103	$	7,033	$	-	
Carryforward Surplus (1)	$	73,167	$	74,635	$	-	$	74,635	$	86,573	
Total Revenues	$	152,012	$	138,825	$	21,688	$	160,513	$	165,418	

Expenditures						
Interest - 11/1	$	36,970	$	36,970	$	-	$	36,970	$	36,970	
Interest - 5/1	$	36,970	$	-	$	36,970	$	36,970	$	36,970	
Total Expenditures	$	73,940	$	36,970	$	36,970	$	73,940	$	73,940	
						
Excess Revenues/(Expenditures)	$	78,072	$	101,855	$	(15,282)	$	86,573	$	91,478	
				
Interest - 11/1/2026	
$36,970	
(1) Carryforward Surplus is net of Debt Service Reserve	Funds					

Series 2019 (Windsor Parcel K) Special Assessment Bonds Amortization Schedule

Date	Balance	Prinicpal	Interest	Total

11/01/25	$	1,860,000.00	$	
05/01/26	$	1,860,000.00	$	
11/01/26	$	1,860,000.00	$	
05/01/27	$	1,860,000.00	$	
11/01/27	$	1,860,000.00	$	
05/01/28	$	1,860,000.00	$	
11/01/28	$	1,860,000.00	$	
05/01/29	$	1,860,000.00	$	
11/01/29	$	1,860,000.00	$	
05/01/30	$	1,860,000.00	$	
11/01/30	$	1,860,000.00	$	
05/01/31	$	1,860,000.00	$	
11/01/31	$	1,860,000.00	$	
05/01/32	$	1,860,000.00	$	
11/01/32	$	1,860,000.00	$	
05/01/33	$	1,860,000.00	$	
11/01/33	$	1,855,000.00	$	
05/01/34	$	1,855,000.00	$	
11/01/34	$	1,850,000.00	$	
05/01/35	$	1,850,000.00	$	
11/01/35	$	1,845,000.00	$	
05/01/36	$	1,845,000.00	$	
11/01/36	$	1,840,000.00	$	
05/01/37	$	1,840,000.00	$	
11/01/37	$	1,835,000.00	$	
05/01/38	$	1,835,000.00	$	90	
11/01/38	$	1,745,000.00	$	
05/01/39	$	1,745,000.00	$	115	
11/01/39	$	1,630,000.00	$	
05/01/40	$	1,630,000.00	$	120	
11/01/40	$	1,510,000.00	$	
05/01/41	$	1,510,000.00	$	125	
11/01/41	$	1,385,000.00	$	
05/01/42	$	1,385,000.00	$	130	
11/01/42	$	1,255,000.00	$	
05/01/43	$	1,255,000.00	$	135	
11/01/43	$	1,120,000.00	$	
05/01/44	$	1,120,000.00	$	140	
11/01/44	$	980,000.00	$	
05/01/45	$	980,000.00	$	145	
11/01/45	$	835,000.00	$	
05/01/46	$	835,000.00	$	155	
11/01/46	$	680,000.00	$	
05/01/47	$	680,000.00	$	160	
11/01/47	$	520,000.00	$	
05/01/48	$	520,000.00	$	165	
11/01/48	$	355,000.00	$	
05/01/49	$	355,000.00	$	175	
11/01/49	$	180,000.00	$	
05/01/50	$	180,000.00	$	180	
			$	1,860	

$	36,970.00	$	73,940.00	
$	36,970.00	$	-	
$	36,970.00	$	73,940.00	
$	36,970.00	$	-	
$	36,970.00	$	73,940.00	
$	36,970.00	$	-	
$	36,970.00	$	73,940.00	
$	36,970.00	$	-	
$	36,970.00	$	73,940.00	
$	36,970.00	$	-	
$	36,970.00	$	73,940.00	
$	36,970.00	$	-	
$	36,970.00	$	73,940.00	
$	36,970.00	$	-	
$	36,970.00	$	73,940.00	
$	36,970.00	$	-	
$	36,875.00	$	78,845.00	
$	36,875.00	$	-	
$	36,780.00	$	78,655.00	
$	36,780.00	$	-	
$	36,685.00	$	78,465.00	
$	36,685.00	$	-	
$	36,590.00	$	78,275.00	
$	36,590.00	$	-	
$	36,495.00	$	78,085.00	
$	36,495.00	$	-	
$	34,785.00	$	161,280.00	
$	34,785.00	$	-	
$	32,600.00	$	182,385.00	
$	32,600.00	$	-	
$	30,200.00	$	182,800.00	
$	30,200.00	$	-	
$	27,700.00	$	182,900.00	
$	27,700.00	$	-	
$	25,100.00	$	182,800.00	
$	25,100.00	$	-	
$	22,400.00	$	182,500.00	
$	22,400.00	$	-	
$	19,600.00	$	182,000.00	
$	19,600.00	$	-	
$	16,700.00	$	181,300.00	
$	16,700.00	$	-	
$	13,600.00	$	185,300.00	
$	13,600.00	$	-	
$	10,400.00	$	184,000.00	
$	10,400.00	$	-	
$	7,100.00	$	182,500.00	
$	7,100.00	$	-	
$	3,600.00	$	185,700.00	
$	3,600.00	$	183,600.00	

-
-
-
-
-
-
-
-
-
-
-
-
-
-
- 5,000.00
- 5,000.00
- 5,000.00
- 5,000.00
- 5,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00

,000.00	$

1,482,910.00	$

3,342,910.00

Westside
Community Development District
Special Assessment Revenue Bonds - Series 2019

		Allocation Methodology			
		For Parcel K Assessment Area FY 2021 thrugh FY 2037			
				
Total	
				Combined	
		Series 2019	Series 2019 (Parcel	Series 2019	Series 2019	Gross Annual	
		(Refunding)	K) Gross	(Parcel K) Net	(Parcel K)	Debt	
		Gross Assessment	Assessment Per	Annual Per	Gross Annual	Assessment Per	
PRODUCT	No. of Units	Per Unit (1)	Unit (1)	Unit	Per Unit	Unit (1)	
Single Family 40'	77	$	614	$	33,142	$	430	$	458	$	1,072	
Single Family 50'	14	$	658	$	6,574	$	470	$	500	$	1,158	
Townhome	100	$	571	$	39,129	$	391	$	416	$	987	
TOTAL	191	$	78,845			

(1) This amount includes collection fees and early payment discounts when collected on the Osceola County Tax Bill	

Proposed Budget
Series 2022 AA1 - Debt Service Fund

	Adopted Budget	Actuals Thru	Projected Next	Total Projected	Proposed Budget	
	FY2025	2/28/25	7 Months	9/30/25	FY2026	

Revenues						
Assessments	$	113,770	$	88,407	$	25,362	$	113,770	$	113,770	
Interest	$	-	$	3,345	$	4,684	$	8,029	$	-	
Carryforward Surplus (1)	$	72,010	$	74,056	$	-	$	74,056	$	82,084	
Total Revenues	$	185,779	$	165,808	$	30,046	$	195,854	$	195,854	

Expenditures						
Interest - 11/1	$	56,885	$	56,885	$	-	$	56,885	$	56,885	
Interest - 5/1	$	56,885	$	-	$	56,885	$	56,885	$	56,885	
Total Expenditures	$	113,770	$	56,885	$	56,885	$	113,770	$	113,770	
						
Excess Revenues/(Expenditures)	$	72,009	$	108,923	$	(26,839)	$	82,084	$	82,084	

Interest - 11/1/2026	$	56,885

(1) Carryforward Surplus is net of Debt Service Reserve Funds

		

		

		

		

		

		

05/01/48	$	240,000.00	$	240,000.00	$	7,440.00	$	247,440.00	
			$	1,835,000.00	$	2,220,375.00	$	4,055,375.00	

Series 2022-1 Special Assessment Bonds Amortization Schedule

Date	Balance	Prinicpal	Interest	Total

11/01/25	$	1,835,000.00	$	-	$	56,885.00	$	113,770.00	
05/01/26	$	1,835,000.00	$	-	$	56,885.00	$	-	
11/01/26	$	1,835,000.00	$	-	$	56,885.00	$	113,770.00	
05/01/27	$	1,835,000.00	$	-	$	56,885.00	$	-	
11/01/27	$	1,835,000.00	$	-	$	56,885.00	$	113,770.00	
05/01/28	$	1,835,000.00	$	-	$	56,885.00	$	-	
11/01/28	$	1,835,000.00	$	-	$	56,885.00	$	113,770.00	
05/01/29	$	1,835,000.00	$	-	$	56,885.00	$	-	
11/01/29	$	1,835,000.00	$	-	$	56,885.00	$	113,770.00	
05/01/30	$	1,835,000.00	$	-	$	56,885.00	$	-	
11/01/30	$	1,835,000.00	$	-	$	56,885.00	$	113,770.00	
05/01/31	$	1,835,000.00	$	-	$	56,885.00	$	-	
11/01/31	$	1,835,000.00	$	-	$	56,885.00	$	113,770.00	
05/01/32	$	1,835,000.00	$	-	$	56,885.00	$	-	
11/01/32	$	1,835,000.00	$	-	$	56,885.00	$	113,770.00	
05/01/33	$	1,835,000.00	$	-	$	56,885.00	$	-	
11/01/33	$	1,835,000.00	$	-	$	56,885.00	$	113,770.00	
05/01/34	$	1,835,000.00	$	-	$	56,885.00	$	-	
11/01/34	$	1,835,000.00	$	-	$	56,885.00	$	113,770.00	
05/01/35	$	1,835,000.00	$	-	$	56,885.00	$	-	
11/01/35	$	1,835,000.00	$	-	$	56,885.00	$	113,770.00	
05/01/36	$	1,835,000.00	$	-	$	56,885.00	$	-	
11/01/36	$	1,835,000.00	$	-	$	56,885.00	$	113,770.00	
05/01/37	$	1,835,000.00	$	-	$	56,885.00	$	-	
11/01/37	$	1,835,000.00	$	-	$	56,885.00	$	113,770.00	
05/01/38	$	1,835,000.00	$	-	$	56,885.00	$	-	
11/01/38	$	1,835,000.00	$	-	$	56,885.00	$	113,770.00	
05/01/39	$	1,835,000.00	$	135,000.00	$	56,885.00	$	-	
11/01/39	$	1,700,000.00	$	-	$	52,700.00	$	244,585.00	
05/01/40	$	1,700,000.00	$	145,000.00	$	52,700.00	$	-	
11/01/40	$	1,555,000.00	$	-	$	48,205.00	$	245,905.00	
05/01/41	$	1,555,000.00	$	155,000.00	$	48,205.00	$	-	
11/01/41	$	1,400,000.00	$	-	$	43,400.00	$	246,605.00	
05/01/42	$	1,400,000.00	$	165,000.00	$	43,400.00	$	-	
11/01/42	$	1,235,000.00	$	-	$	38,285.00	$	246,685.00	
05/01/43	$	1,235,000.00	$	175,000.00	$	38,285.00	$	-	
11/01/43	$	1,060,000.00	$	-	$	32,860.00	$	246,145.00	
05/01/44	$	1,060,000.00	$	185,000.00	$	32,860.00	$	-	
11/01/44	$	875,000.00	$	-	$	27,125.00	$	244,985.00	
05/01/45	$	875,000.00	$	200,000.00	$	27,125.00	$	-	
11/01/45	$	675,000.00	$	-	$	20,925.00	$	248,050.00	
05/01/46	$	675,000.00	$	210,000.00	$	20,925.00	$	-	
11/01/46	$	465,000.00	$	-	$	14,415.00	$	245,340.00	
05/01/47	$	465,000.00	$	225,000.00	$	14,415.00	$	-	
11/01/47	$	240,000.00	$	-	$	7,440.00	$	246,855.00	

Westside
Community Development District
Special Assessment Revenue Bonds - Series 2022AA1

		Allocation Methodology			
		For Solara Phase 3 Assessment Area			
			
Net Annual	
Gross Annual	
		Allocation of Par	Maximum	Debt	Debt	
		Debt Per Product	Total Par	Annual Debt	Assesssment	Assessment Per	
PRODUCT	No. of Units	Type	Debt Per Unit	Service	Per Unit	Unit (1)	
Townhomes	60	$	417,046	$	6,951	$	22,672	$	378	$	402	
Single Family 40'	110	$	917,499	$	8,341	$	55,947	$	509	$	541	
Single Family 50'	48	$	500,455	$	10,426	$	35,151	$	732	$	779	
TOTAL	218	$	1,835,000	$	113,770			

(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	

Proposed Budget
Series 2022 AA2 - Debt Service Fund

	Adopted Budget	Actuals Thru	Projected Next	Total Projected	Proposed Budget	
	FY2025	2/28/25	7 Months	9/30/25	FY2026	

Revenues						
Assessments	$	241,568	$	187,716	$	53,852	$	241,568	$	241,568	
Interest	$	-	$	3,925	$	5,495	$	9,419	$	-	
Carryforward Surplus (1)	$	117,779	$	121,876	$	-	$	121,876	$	134,245	
Total Revenues	$	359,347	$	313,516	$	59,347	$	372,863	$	375,813	

Expenditures						
Interest - 11/1	$	96,809	$	96,809	$	-	$	96,809	$	95,628	
Interest - 5/1	$	96,809	$	-	$	96,809	$	96,809	$	95,628	
Principal - 5/1	$	45,000	$	-	$	45,000	$	45,000	$	50,000	
Total Expenditures	$	238,618	$	96,809	$	141,809	$	238,618	$	241,255	
						
Excess Revenues/(Expenditures)	$	120,729	$	216,708	$	(82,462)	$	134,245	$	134,558	

Interest - 11/1/2026	$	94,315.00

(1) Carryforward Surplus is net of Debt Service Reserve Funds

Series 2022-2 Special Assessment Bonds Amortization Schedule

Date	Balance	Prinicpal	Interest	Total

11/01/25	$	3,270,000.00	$	
05/01/26	$	3,270,000.00	$	50	
11/01/26	$	3,220,000.00	$	
05/01/27	$	3,220,000.00	$	50	
11/01/27	$	3,170,000.00	$	
05/01/28	$	3,170,000.00	$	55	
11/01/28	$	3,115,000.00	$	
05/01/29	$	3,115,000.00	$	60	
11/01/29	$	2,860,000.00	$	
05/01/30	$	2,860,000.00	$	60	
11/01/30	$	2,860,000.00	$	
05/01/31	$	2,860,000.00	$	65	
11/01/31	$	2,860,000.00	$	
05/01/32	$	2,860,000.00	$	70	
11/01/32	$	2,860,000.00	$	
05/01/33	$	2,860,000.00	$	70	
11/01/33	$	2,790,000.00	$	
05/01/34	$	2,790,000.00	$	75	
11/01/34	$	2,715,000.00	$	
05/01/35	$	2,715,000.00	$	80	
11/01/35	$	2,635,000.00	$	
05/01/36	$	2,635,000.00	$	85	
11/01/36	$	2,550,000.00	$	
05/01/37	$	2,550,000.00	$	90	
11/01/37	$	2,460,000.00	$	
05/01/38	$	2,460,000.00	$	95	
11/01/38	$	2,365,000.00	$	
05/01/39	$	2,365,000.00	$	100	
11/01/39	$	2,045,000.00	$	
05/01/40	$	2,045,000.00	$	105	
11/01/40	$	1,925,000.00	$	
05/01/41	$	1,925,000.00	$	115	
11/01/41	$	1,925,000.00	$	
05/01/42	$	1,925,000.00	$	120	
11/01/42	$	1,925,000.00	$	
05/01/43	$	1,925,000.00	$	125	
11/01/43	$	1,800,000.00		
05/01/44	$	1,800,000.00	$	135	
11/01/44	$	1,665,000.00	$	
05/01/45	$	1,665,000.00	$	145	
11/01/45	$	1,520,000.00	$	
05/01/46	$	1,520,000.00	$	155	
11/01/46	$	1,365,000.00	$	
05/01/47	$	1,365,000.00	$	160	
11/01/47	$	1,205,000.00	$	
05/01/48	$	1,205,000.00	$	170	
11/01/48	$	1,035,000.00	$	
05/01/49	$	1,035,000.00	$	185	
11/01/49	$	850,000.00	$	
05/01/50	$	850,000.00	$	195	
11/01/50	$	655,000.00	$	
05/01/51	$	655,000.00	$	205	
11/01/51	$	450,000.00	$	
05/01/52	$	450,000.00	$	220	
11/01/52	$	230,000.00	$	
05/01/53	$	230,000.00	$	230	
			$	3,315	

$	95,627.50	$	237,436.25	
$	95,627.50	$	-	
$	94,315.00	$	239,942.50	
$	94,315.00	$	-	
$	93,002.50	$	237,317.50	
$	93,002.50	$	-	
$	91,558.75	$	239,561.25	
$	91,558.75	$	-	
$	89,983.75	$	241,542.50	
$	89,983.75	$	-	
$	88,408.75	$	238,392.50	
$	88,408.75	$	-	
$	86,702.50	$	240,111.25	
$	86,702.50	$	-	
$	84,865.00	$	241,567.50	
$	84,865.00	$	-	
$	82,835.00	$	237,700.00	
$	82,835.00	$	-	
$	80,660.00	$	238,495.00	
$	80,660.00	$	-	
$	78,340.00	$	239,000.00	
$	78,340.00	$	-	
$	75,875.00	$	239,215.00	
$	75,875.00	$	-	
$	73,265.00	$	239,140.00	
$	73,265.00	$	-	
$	70,510.00	$	238,775.00	
$	70,510.00	$	-	
$	67,610.00	$	238,120.00	
$	67,610.00	$	-	
$	64,565.00	$	237,175.00	
$	64,565.00	$	-	
$	61,230.00	$	240,795.00	
$	61,230.00	$	-	
$	57,750.00	$	238,980.00	
$	57,750.00	$	-	
$	54,000.00	$	236,750.00	
$	54,000.00	$	-	
$	49,950.00	$	238,950.00	
$	49,950.00	$	-	
$	45,600.00	$	240,550.00	
$	45,600.00	$	-	
$	40,950.00	$	241,550.00	
$	40,950.00	$	-	
$	36,150.00	$	237,100.00	
$	36,150.00	$	-	
$	31,050.00	$	237,200.00	
$	31,050.00	$	-	
$	25,500.00	$	241,550.00	
$	25,500.00	$	-	
$	19,650.00	$	240,150.00	
$	19,650.00	$	-	
$	13,500.00	$	238,150.00	
$	13,500.00	$	-	
$	6,900.00	$	240,400.00	
$	6,900.00	$	236,900.00	

-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00

,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00

,000.00  $

3,617,516.25  $

6,932,516.25

Westside
Community Development District
Special Assessment Revenue Bonds - Series 2022AA2

PRODUCT

Townhomes Single Family 50'	

No. of Units

128
86	Allocation Methodology
For Soleil Assessment Area

Allocation of Par
Debt Per Product		Total Par Type	Debt Per Unit

$	1,673,466	$	13,074
$	1,686,534	$	19,611	

Net Annual
Maximum		Debt Annual Debt	Assesssment
Service	Per Unit

$	120,314	$	940
$	121,254	$	1,410	

Gross Annual Debt Assessment Per Unit (1)

$	1,000
$	1,500	
TOTAL	214	$	3,360,000	$	241,568	

(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	

Section VIII

AGREEMENT FOR PROFESSIONAL ENGINEERING SERVICES

THIS AGREEMENT FOR PROFESSIONAL ENGINEERING SERVICES (the
“Agreement”), is made and entered into and effective as of 	, 2025, by and between the WESTSIDE COMMUNITY DEVELOPMENT DISTRICT, a local unit of special-purpose government established pursuant to Chapter 190, Florida Statutes, whose mailing address is c/o Governmental Management Services – Central Florida, LLC, 219 E. Livingston Street, Orlando, Florida, 32801 (the “District”), and DEWBERRY ENGINEERS INC., a New York corporation, whose principal address is 8401 Arlington Blvd., Suite 1, Fairfax, Virginia 22031 (the “Engineer”).

WITNESSETH:

WHEREAS, the District is a local unit of special-purpose government established pursuant to the Uniform Community Development District Act of 1980, as codified in Chapter 190, Florida Statutes (the “Act”), by Osceola County (the “County”);

WHEREAS, the District is authorized to plan, finance, construct, install, acquire and/or maintain improvements, facilities and services in conjunction with the development of the lands within the District;

WHEREAS, pursuant to Chapter 190, Florida Statutes, and Section 287.055, Florida Statutes, the District solicited proposals from qualified engineering firms to provide professional engineering services on a continuing basis to the District and the District’s Board of Supervisors (the “Board”) selected the Engineer;

WHEREAS, the District intends to employ the Engineer to perform engineering, surveying, planning, landscaping, construction administration, environmental management, permitting and financial and economic studies, and other services defined by separate Work Authorizations as applicable; and

WHEREAS, the Engineer serves as the District's professional representative in each service or project to which this Agreement applies and will give consultation and advice to the District during the performance of its services.

NOW, THEREFORE, for and in consideration of the mutual covenants herein contained the acts and deeds to be performed by the parties, and the payments by the District to the Engineer of the sums of money herein specified, it is mutually covenanted and agreed as follows:

Scope of Services.

The Engineer will provide general engineering services including:

Preparation and presentation of any necessary or desirable reports and applications.

Attendance by Rey Malave, PE, or such other representative of Engineer approved by the District Manager or Chairman, at meetings of the District’s Board, upon request by the District Manager or Chairman.

Meeting, negotiating and/or communicating with necessary parties to effectuate the issuance of bonds, production of special reports, feasibility studies or the completion of other tasks, or the coordination and completion of capital improvement or maintenance projects.

Professional administration, consultations and/or opinions concerning capital improvements, property or maintenance projects or tasks within the District (including but not limited to: work related to water management system, master utilities, preserved wetlands, roadways, amenity facilities, golf facilities, park facilities and any other public improvement authorized by Chapter 190, Florida Statutes).

Performance of any other duties related to the provision of infrastructure and services as requested by the District’s Board.

In connection with any capital improvement projects of the District, the Engineer shall prepare (or cause to be prepared) or review construction drawings and specifications applicable to the type of work being undertaken. In these instances, the Engineer’s duties will also include rendering assistance in the drafting of forms, proposals/bids and contracts, issuance of certificates of construction, completion and payment, assisting with and/or supervising the bidding processes, and any other activity required by the District’s Board.

The Engineer shall, when requested by the District’s Board, provide general services during the construction phase of certain projects including, but not limited to:

Periodic visits to the site or full-time construction management services, as directed by the District.
Processing of contractors' pay estimates.

Final inspection and requested certificates for construction including the final certification of construction, and certification of readiness for conveyances to the District in accordance with the development plans for the District.

Consultation and advice during construction, including performing all roles and actions required of any construction contract between the District and any contractor(s) in which Engineer is named as District's representative or “Engineer.”

Any other activity related to construction as authorized/directed by the District’s Board.

With respect to the maintenance of District facilities or improvements, the Engineer shall render such services as authorized in writing by the District. The Engineer shall also perform engineering, surveying, planning, landscaping, construction administration, environmental management, permitting and financial and economic studies, as defined and directed by the District and separate Work Authorizations, as applicable.

Engineer attests to the accuracy of all statements made in the proposal submitted to the District attached hereto as Exhibit “A.” In the event of any conflict between the terms herein and the terms in any exhibit attached hereto, the terms herein shall control.

Method of Authorization. Each additional service or project not specified in Paragraph 1 herein shall be authorized in writing by the District. Such written authorization shall be incorporated in a “Work Authorization” or proposal which shall include the scope of work, compensation, project schedule, and special provisions or conditions specific to the service or project being authorized (the “Work Authorization”). Every Work Authorization authorized by the District is subject to the terms herein and Work Authorizations shall be at the sole option of the District.

Compensation. It is understood and agreed that the payment of compensation for services under this Agreement shall be stipulated in each Work Authorization and/or per the hourly compensation rates outlined in Exhibit "B" attached hereto. In the event of any conflict between the terms herein and the terms in any exhibit attached hereto, the terms herein shall control.

Reimbursable Expenses. Reimbursable expenses consist of actual expenditures, without mark-up or multiplier, made by the Engineer, its employees, or its consultants in the interest of the project and include the incidental costs listed as follows:

Expenses of transportation and living when traveling in connection with a project, for long distance calls and facsimiles, and for fees paid for securing approval of authorities having jurisdiction over the project. All expenditures shall be made in accordance with Chapter 112, Florida Statutes, and with the District's travel policy.

Expense of reproduction, acquisition, postage and handling of drawings and specifications.

Special Consultants and Subcontractors. When authorized in writing by the District, additional special consulting services may be utilized by Engineer and paid for on a cost basis without mark-up or multiplier. If the Engineer desires to employ subcontractors in connection with the performance of its services under this Agreement:

Engineer shall obtain written consent of the District’s Board and nothing contained in the Agreement shall create any contractual relationship between the District and any subcontractor; however, it is acknowledged that the District is an intended third-party beneficiary

of the obligations of the subcontractors related to the services performed pursuant to this Agreement.

Engineer shall coordinate the services of any subcontractors and remain fully responsible under the terms of this Agreement; Engineer shall be and remain responsible for the quality, timeliness and coordinate of all services furnished by the Engineer and/or its subcontractors.

All subcontracts shall be written. Each subcontract shall contain a reference to this Agreement and shall incorporate the terms and condition of this Agreement to the full extent applicable to the portion of the services covered thereby. Each subcontractor must agree, for the benefit of the District, to be bound by such terms and conditions.

Books and Records. Subject to any longer time periods required under Paragraph 16 herein, Engineer shall maintain comprehensive books and records relating to any services performed under this Agreement for a period of at least four (4) years from and after the completion of any such services. The District, or its authorized representative, shall have the right to audit such books and records at all reasonable times upon prior notice to Engineer.

Ownership of Documents.

All rights in and title to all plans, drawings, specifications, ideas, concepts, designs, sketches, models, programs, software, creations, inventions, reports, or other tangible work product originally developed by Engineer pursuant to this Agreement (the “Work Product”) shall be and remain the sole and exclusive property of the District when developed and shall be considered work for hire.

The Engineer shall deliver all Work Product to the District upon completion thereof unless it is necessary for Engineer, in the District's sole discretion, to retain possession for a longer period of time. Upon early termination of Engineer's services hereunder, Engineer shall deliver all such Work Product whether complete or not. The District shall have all rights to use any and all Work Product. Engineer shall retain copies of the Work Product for its permanent records, provided the Work Product is not used without the District's prior express written consent. Engineer agrees not to recreate any Work Product contemplated by this Agreement, or portions thereof, which if constructed or otherwise materialized, would be reasonably identifiable with the District’s project. If said work product is used by the District for any purpose other than that purpose which is intended by this Agreement, the District shall indemnify Engineer from any and all claims and liabilities which may result from such re-use, in the event Engineer does not consent to such use.

The District exclusively retains all manufacturing rights to all materials or designs developed under this Agreement. To the extent the services performed under this Agreement produce or include copyrightable or patentable materials or designs, such materials or designs are work made for hire for the District as the author, creator, or inventor thereof upon creation, and the District shall have all rights therein including, without limitation, the right of reproduction, with respect to such work. Engineer hereby assigns to the District any and all rights Engineer

may have including, without limitation, the copyright, with respect to such work. The Engineer acknowledges that the District is the motivating factor for, and for the purpose of copyright or patent, has the right to direct and supervise the preparation of such copyrightable or patentable materials or designs.

Accounting Records. Records of the Engineer pertaining to the services provided hereunder shall be kept on a basis of generally accepted accounting principles and shall be available to the District or its authorized representative for observation or audit at mutually agreeable times.

Estimate of Cost. Since the Engineer has no control over the cost of labor, materials or equipment or over a contractor's(s') methods of determining prices, or over competitive bidding or market conditions, his opinions of probable cost provided as a service hereunder are to be made on the basis of his experience and qualifications and represent his best judgment as a design professional familiar with the construction industry but Engineer cannot and does not guarantee that proposals, bids, or the construction costs will not vary from opinions of probable cost prepared by him or her. If the District wishes greater assurance as to the construction costs, it shall employ an independent cost estimator at its own expense. Services to modify approved documents to bring the construction cost within any limitation established by the District will be considered additional services and justify additional fees.

Insurance. The Engineer shall, at its own expense, maintain insurance during the performance of its services under this Agreement, with limits of liability not less than the following:
Workers Compensation:	Statutory Requirements General Liability
Bodily Injury (including contractual):	$1,000,000/$2,000,000 Property Damage (including contractual):	$1,000,000/$2,000,000

Automobile Liability (if applicable):	$1,000,000 combined single limit Bodily Injury
Property Damage

Professional Liability for Errors/Omissions:	$1,000,000

The Engineer shall provide District with a certificate evidencing compliance with the above terms and coverage and naming the District, its supervisors, staff, agents, officers and employees as additional insureds. Engineer shall provide the District with thirty (30) days' written notice of cancellation or modification of the policy. At no time shall Engineer be without insurance coverage in the above amounts.

Engineer’s Employees; Independent Contractor Status of Engineer. All matters pertaining to the employment, supervision, compensation, promotion and discharge of any employees of entities retained by Engineer are the sole responsibility of Engineer.  Engineer

shall fully comply with all applicable acts and regulations having to do with workman’s compensation, social security, unemployment insurance, hours of labor, wages, working conditions and other employer-employee related subjects. The Engineer agrees that it shall bear the responsibility for verifying the employment status, under the Immigration Reform and Control Act of 1986, of all persons it employs in the performance of this Agreement.

In performing any services hereunder, Engineer shall be an independent contractor and not an employee of the District. It is further acknowledged that nothing herein shall be deemed to create or establish a partnership or joint venture between the District and Engineer. Engineer has no authority to enter into any contracts or agreements, whether oral or written, on behalf of the District without the District’s Board’s direction to the Engineer to specifically enter into such contracts or agreements.

Contingent Fee. The Engineer warrants that it has not employed or retained any company or person, other than a bona fide employee working solely for the Engineer, to solicit or secure this Agreement and that it has not paid or agreed to pay any person, company, corporation, individual, or firm, other than a bona fide employee working solely for the Engineer, any fee, commission, percentage, gift, or other consideration contingent upon or resulting from the award or making of this Agreement.

Audit. The Engineer agrees that the District or any of its duly authorized representatives shall, until the expiration of four years after expenditure of funds under this Agreement, have access to and the right to examine any books, documents, papers, and records of the Engineer involving transactions related to the Agreement. The Engineer agrees that payment made under the Agreement shall be subject to reduction for amounts charged thereto that are found on the basis of audit examination not to constitute allowable costs. All required records shall be maintained until an audit is completed and all questions arising therefrom are resolved, or three years after completion of all work under the Agreement.

Indemnification. The Engineer agrees, to the fullest extent permitted by law, to indemnify, defend, and hold the District, its supervisors, officers, agents and employees, harmless of and from any and all liabilities, claims, causes of action, demands, suits, or losses arising from the negligent acts, errors or omissions of the Engineer, Engineer's agents or employees, in the performance of professional services under this Agreement.

Sovereign Immunity. Nothing contained herein shall cause or be construed as a waiver of the District’s immunity or limitations on liability granted pursuant to section 768.28, Florida Statutes, or other law, and nothing in this Agreement shall inure to the benefit of any third party for the purpose of allowing any claim which could otherwise be barred under the Doctrine of Sovereign Immunity or by operation of law.

Public Records.

Engineer understands and agrees that all documents of any kind relating to this Agreement may be public records and, accordingly, Engineer agrees to comply with all applicable provisions of Florida public records law, including but not limited to the provisions of

Chapter 119, Florida Statutes. Engineer acknowledges and agrees that the public records custodian of the District is the District Manager, which is currently Governmental Management Services - Central Florida, LLC (the “Public Records Custodian”). Engineer shall, to the extent applicable by law:

services;

Keep and maintain public records required by District to perform

Upon request by District, provide District with the requested public

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;

Ensure that public records which are exempt or confidential, and exempt from public records disclosure requirements, are not disclosed except as authorized by law for the duration of the Agreement term and following the Agreement term if the Engineer does not transfer the records to the Public Records Custodian of the District; and

Upon completion of the Agreement, transfer to District, at no cost, all public records in District’s possession or, alternatively, keep, maintain and meet all applicable requirements for retaining public records pursuant to Florida laws.

IF THE ENGINEER HAS QUESTIONS REGARDING THE APPLICATION OF CHAPTER 119, FLORIDA STATUTES, TO THE ENGINEER’S DUTY TO PROVIDE PUBLIC RECORDS RELATING TO THIS AGREEMENT, CONTACT THE DISTRICT’S CUSTODIAN OF PUBLIC RECORDS AT (407-841-5524), OR BY EMAIL AT JSHOWE@GMSCFL.COM, OR BY REGULAR MAIL AT 219 E. LIVINGSTON STREET, ORLANDO, FLORIDA 32801, ATTENTION: DISTRICT PUBLIC RECORDS CUSTODIAN.
Compliance with All Laws, Regulations, Rules and Policies.

At all times, the Engineer is expected to operate in accordance with all applicable statutes, codes, permits, regulations, ordinances and orders.

The Engineer hereby covenants and agrees to comply with all the rules, ordinances and regulations of governmental authorities wherein the District’s facilities are located, as said rules, etc. may specifically relate to the Engineer or it’s services provided hereunder, at the Engineer’s sole cost and expense, and the Engineer will take such action as may be necessary to comply with any and all notices, orders or other requirements affecting the services described herein as may be issued by any governmental agency having jurisdiction over the Engineer, unless specifically instructed by the District that it intends to contest such orders or requirements and that the Engineer shall not comply with the same. The Engineer shall provide immediate notice to the District of any such orders or requirements upon receipt of same.

The District is a local unit of special purpose government created in accordance with the Uniform Community Development District Act of 1980, Chapter 190, Florida Statutes. The Engineer agrees to comply with all applicable requirements of the “Sunshine Law,” the “Public Records Law,” the Community Development Districts Law, and all other statutes and regulations applicable to Engineer.

Compliance with E-Verify System.

The Engineer shall comply with and perform all applicable provisions and requirements of Section 448.095, Florida Statutes and Section 448.09(1), Florida Statutes. Accordingly, beginning on the Effective Date, to the extent required by Section 448.095, Florida Statutes, the Engineer shall enroll with and use the United States Department of Homeland Security’s E-Verify system to verify the work authorization status of all newly hired employees. The Engineer may terminate this Agreement immediately for cause if there is a good faith belief that the Engineer has knowingly violated Section 448.091, Florida Statutes.

If the Engineer anticipates entering into agreements with a subcontractor for the work, the Engineer will not enter into the subcontractor agreement without first receiving an affidavit from the subcontractor regarding compliance with Section 448.095, Florida Statutes, and stating that the subcontractor does not employ, contract with, or subcontract with an unauthorized alien. The Engineer shall maintain a copy of such affidavit for the duration of the agreement and provide a copy to the District upon request. In the event that the District has a good faith belief that a subcontractor has knowingly violated Section 448.095, Florida Statutes, but the Engineer has otherwise complied with its obligations hereunder, the District shall promptly notify the Engineer. The Engineer agrees to immediately terminate the agreement with the subcontractor upon notice from the District. Further, absent such notification from the District, the Engineer or any subcontractor who has a good faith belief that a person or entity with which it is contracting has knowingly violated Section 448.09(1), Florida Statutes, shall promptly terminate its agreement with such person or entity.

By entering into this Agreement, the Engineer represents that no public employer has terminated a contract with the Engineer under Section 448.095(2)(c), Florida Statutes, within the year immediately preceding the date of this Agreement.

Controlling Law and Jurisdiction. The Engineer and the District agree that this Agreement shall be controlled and governed by the laws of the State of Florida. Any litigation arising under this Agreement shall be venued in the Circuit Court of Osceola County, Florida. THE PARTIES HEREBY WAIVE TRIAL BY JURY AND AGREE TO SUBMIT TO THE PERSONAL JURISDICTION AND VENUE OF A COURT IN OSCEOLA COUNTY, FLORIDA.

Assignment. Neither the District nor the Engineer shall assign, sublet, or transfer any rights under or interest in this Agreement without the express written consent of the other.

Notice.

Notices required or permitted to be given under this Agreement shall be in writing, may be delivered personally or by mail, overnight delivery service, or courier service, and shall be given when received by the addressee. Notices shall be addressed as follows:

If to District:	Westside Community Development
District
c/o Governmental Management Services – Central Florida, LLC
219 E. Livingston Street Orlando, Florida 32801
Attention: Jason Showe, District Manager Telephone: (407) 841-5524

Copy to:	Latham, Luna, Eden & Beaudine, LLP 201 S. Orange Ave., Suite 1400
Orlando, Florida 32801
Attention: Jan Albanese Carpenter, District Counsel Telephone: (407) 481-5800

If to Engineer:	Dewberry Engineers Inc.
800 N. Magnolia Ave., Suite 1000
Orlando, Florida 32803 Attention: Rey Malave, PE Telephone: (321) 354-9656

Notwithstanding the foregoing, any notice sent to the last designated address of the party to whom a notice may be or is required to be delivered under this Agreement shall not be deemed ineffective if actual delivery cannot be made due to a change of address of the party to whom the notice is directed or the failure or refusal of such party to accept delivery of the notice. Parties may change notice address by delivering written notice by mail, overnight delivery service, or courier service to the other party and such change shall become effective when received by the addressee.

Termination. The District or the Engineer may terminate this Agreement without cause upon thirty (30) days' prior written notice. At such time as the Engineer receives notification of the intent of the District to terminate the contract, the Engineer shall not perform any further services unless directed to do so by the District’s Board. In the event of any termination without cause, the Engineer will be paid for services rendered to the date of termination and all reimbursable expenses incurred to the date of termination.

The District may terminate this Agreement with cause upon written notice to the Engineer. In the event of any termination for cause, Engineer shall not perform any further services for the District after Engineer's receipt of notification of termination for cause, but Engineer shall be paid for services rendered to the date of termination and all reimbursable

expenses incurred through the date of termination.

No Waiver. No failure by either party to insist upon the strict performance of any covenant, duty, agreement or condition of this Agreement or to exercise any right or remedy upon a breach thereof shall constitute a waiver of any such breach or of such or any other covenant, agreement, term or condition. Any party hereto, by written notice executed by such party, may, but shall be under no obligation to, waive any of its rights or any conditions to its obligations hereunder, or any duty, obligation, or covenant of any other party hereto. No waiver shall affect or alter this Agreement, but each and every covenant, agreement, term and condition of this Agreement shall continue in full force and effect with respect to any other then-existing or subsequent breach thereof.

No Modification. No modification, waiver, amendment, discharge or change of this Agreement shall be valid unless the same is in writing and signed by the parties against which such enforcement is or may be sought. This instrument contains the entire agreement made between the parties and may not be modified orally or in any manner other than by an agreement in writing signed by all parties hereto or their respective successors in interest.

Recovery of Attorneys’ Fees and Costs. If either party hereto institutes an action or proceeding for a declaration of the rights of the parties the Agreement, for injunctive relief, for an alleged breach or default of, or any other action arising out of, the Agreement, or in the event any party hereto is in default of its obligations pursuant hereto, whether or not suit is filed or prosecuted to final judgment, the non-defaulting or prevailing party shall be entitled to its actual attorneys’ fees and to any court costs and expenses incurred, in addition to any other damages or relief awarded.
Conflicts of Interest. The Engineer shall bear the responsibility for acting in the District’s best interests, shall avoid any conflicts of interest and shall abide by all applicable ethical canons and professional standards relating to conflicts of interest.

Counterparts. This Agreement may be executed in any number of counterparts with the same effect as if all parties had signed the same document. All fully executed counterparts shall be construed together and shall constitute one and the same agreement.

Acceptance. Acceptance of this Agreement is indicated by the signature of the authorized representative of the District and the Engineer in the spaces provided below.

[Signatures provided on the following page.]

CO-SIGNATURE PAGE TO THE AGREEMENT FOR PROFESSIONAL ENGINEERING SERVICES

IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be executed the day and year first above written.

WESTSIDE COMMUNITY DEVELOPMENT DISTRICT,
a Florida community development district

By: 		 Chairman, Board of Supervisors

DEWBERRY ENGINEERS, INC., a New York

corporation

By: 		 Print: Reinardo Malave, PE	 Title: Associate Vice President	

PROPOSAL

[See attached.]

FEE SCHEDULE

[See attached.]

Attachment A

STANDARD HOURLY BILLING RATE SCHEDULE
Professional/Technical/Construction/Surveying Services

LABOR CLASSIFICATION	HOURLY RATES	
Professional		
Engineer I, II, III	$115.00, $135.00, $155.00	
Engineer IV, V, VI	$175.00, $200.00, $230.00	
Engineer VII, VIII, IX	$260.00, $290.00, $320.00	
Environmental Specialist I, II, III	$105.00, $125.00, $155.00	
Senior Environmental Scientist IV, V, VI	$175.00, $195.00, $215.00	
Planner I, II, III	$105.00, $125.00, $155.00	
Senior Planner IV, V, VI	$175.00, $195.00, $215.00	
Landscape Designer I, II, III	$105.00, $125.00, $155.00	
Senior Landscape Architect IV, V, VI	$175.00, $195.00, $215.00	
Principal	$360.00	
Technical		
CADD Technician I, II, III, IV, V	$85.00, $105.00, $125.00, $140.00, $180.00	
Designer I, II, III	$110.00, $135.00, $160.00	
Designer IV, V, VI	$180.00, $205.00, $230.00	
Construction		
Construction Professional I, II, III	$125.00, $160.00, $185.00	
Construction Professional IV, V, VI	$220.00, $245.00, $290.00	
Survey		
Surveyor I, II, III	$68.00, $83.00, $100.00	
Surveyor IV, V, VI	$120.00, $135.00, $150.00	
Surveyor VII, VIII, IX	$165.00, $195.00, $235.00	
Senior Surveyor IX	$295.00	
Fully Equipped 1, 2, 3 Person Field Crew	$145.00, $185.00, $245.00	
Administration		
Administrative Professional I, II, III, IV	$70.00, $100.00, $120.00, $150.00	
Other Direct Costs (Printing, Postage, Etc.)	Cost + 15%	

Company Confidential and Proprietary: Use or disclosure of data contained on this sheet is subject to restriction on the title page of this report.
Revised 06-01-24\Subject to Revision\Standard Hourly Billing Rate Schedule

Section IX

Sent Via Email: jshowe@gmscfl.com
January 21, 2025

Mr. Jason Showe, District Manager Westside Community Development District
c/o Governmental Management Services, Central Florida 219 E. Livingston Street
Orlando, Florida 32801

Subject:	Work Authorization 2025-1
Westside Community Development District District Engineering Services
Osceola County, Florida

Dear Chairman, Board of Supervisors:

Dewberry Engineers Inc. (Engineer) is pleased to submit this Work Authorization to provide general engineering services for the Westside Community Development District (District). We will provide these services pursuant to approval of the proposed Agreement Professional Engineering Services (“District Engineer Agreement”) as follows:

General Engineering Services

We will perform general engineering services as necessary, perform those services as necessary, pursuant to the District Engineering Agreement, including attendance at Board of Supervisors meetings, review and approval of requisitions, or other activities as directed by the District’s Board of Supervisors.

Our fee for this task will be based on time and materials, in accordance with the enclosed Schedule of Charges. The referenced Schedule of Charges is valid for fiscal year 2025 only. We estimate a budget of $9,500, plus other direct costs.

Other Direct Costs

Other direct costs include items such as printing, drawings, travel, deliveries, et cetera. This does not include any of the application fees for the various agencies, which are the owner’s responsibility and have not been accounted for in this proposal. We estimate a budget of $100.

Additional Services

Any Additional Services requested that are not a part of this Work Authorization will be invoiced either on a time and materials basis, in accordance with the enclosed Schedule of Charges, or on a mutually agreed upon fee. Authorization under this task must be in writing.

Westside Community Development District Work Authorization 2025-1
January 21, 2025

This Work Authorization together with the referenced Engineering Agreement, both of which have been reviewed and are fully understood, represent the entire understanding between Westside Community Development District and Dewberry Engineers Inc. with regard to the referenced work authorization. If you wish to accept this work authorization, please sign where indicated and return one complete copy to Aimee Powell, Administrative Assistant in our Orlando office at 800 N. Magnolia Avenue, Suite 1000, Orlando, Florida 32803 (or via email at apowell@dewberry.com). Upon receipt, we will promptly schedule our services.

Thank you for considering Dewberry. We look forward to continuing our business relationship. Sincerely,

Rey Malavé, P.E. Associate Vice President

RM:ap
M:\Proposals - Public\Municipal\Westside CDD\Westside CDD General Engineering_01-21-2025 Enclosures

APPROVED AND ACCEPTED

By: 		 Authorized Representative of
Westside Community Development District Date: 	

Section X

REBATE REPORT
$13,095,000
Westside Community Development District
(Osceola County, Florida)
Special Assessment Revenue Refunding Bonds, Series 2019

Dated: September 30, 2019
Delivered: September 30, 2019

Rebate Report to the Computation Date September 30, 2027
Reflecting Activity To December 31, 2024

TABLE OF CONTENTS

AMTEC Opinion	3	
Summary of Rebate Computations	4	
Summary of Computational Information and Definitions	5	
Methodology	7	
Sources and Uses	8	
Arbitrage Rebate Calculation Detail Report – 2019-1 Escrow Fund	9	
Arbitrage Rebate Calculation Detail Report – 2019-2 Escrow Fund	10	
Arbitrage Rebate Calculation Detail Report – 2019-1 & 2019-2 Debt Service Reserve Fund	11	
Arbitrage Rebate Calculation Detail Report – 2019-1 & 2019-2 Capitalized Interest Fund	13	
Arbitrage Rebate Calculation Detail Report – 2019-1 & 2019-2 Cost of Issuance Fund	14	
Arbitrage Rebate Calculation Detail Report – Rebate Computation Credits	15	

February 14, 2025

Westside Community Development District c/o Ms. Katie Costa
Director of Operations – Accounting Division Government Management Services – CF, LLC 6200 Lee Vista Boulevard, Suite 300
Orlando, FL 32822

Re:	$13,095,000 Westside Community Development District (Osceola County, Florida),
Special Assessment Revenue Refunding Bonds, Series 2019	

Dear Ms. Costa:
AMTEC has prepared certain computations relating to the above referenced bond issue (the “Bonds”) at the request of the Westside Community Development District (the “District”)
The scope of our engagement consisted of preparing the computations shown in the attached schedules to determine the Rebatable Arbitrage as described in Section 103 of the Internal Revenue Code of 1954, Section 148(f) of the Internal Revenue Code of 1986, as amended (the "Code"), and all applicable Regulations issued thereunder. The methodology used is consistent with current tax law and regulations and may be relied upon in determining the rebate liability. Certain computational methods used in the preparation of the schedules are described in the Summary of Computational Information and Definitions.

Our engagement was limited to the computation of Rebatable Arbitrage based upon the information furnished to us by the District. In accordance with the terms of our engagement, we did not audit the information provided to us, and we express no opinion as to the completeness, accuracy or suitability of such information for purposes of calculating the Rebatable Arbitrage.

We have scheduled our next Report as of September 30, 2025. Thank you and should you have any questions, please do not hesitate to contact us.

Very truly yours,

Michael J. Scarfo
Senior Vice President	Trong M. Tran
Assistant Vice President	

SUMMARY OF REBATE COMPUTATIONS
Our computations, contained in the attached schedules, are summarized as follows: For the September 30, 2027 Computation Date
Reflecting Activity from September 30, 2019 through December 31, 2024

Fund Description	Taxable Inv Yield	Net Income	Rebatable Arbitrage	
2019-1 Escrow Fund	0.000000%	0.00	(63,319.01)	
2019-2 Escrow Fund	0.000000%	0.00	(60,945.28)	
2019-1 & 2019-2 Debt Service Reserve Fund	1.853575%	50,306.27	(172,477.64)	
2019-1 & 2019-2 Capitalized Interest Fund	0.152794%	5.78	(386.95)	
2019-1 & 2019-2 Cost of Issuance Fund	1.709917%	734.76	(2,863.70)	
Totals	1.280507%	$51,046.81	$(299,992.58)	
Bond Yield	6.432500%		
Rebate Computation Credits	(12,883.38)	
Net Rebatable Arbitrage	$(312,875.96)	

Based upon our computations, no rebate liability exists.

SUMMARY OF COMPUTATIONAL INFORMATION AND DEFINITIONS
COMPUTATIONAL INFORMATION

For purposes of computing Rebatable Arbitrage, investment activity is reflected from September 30, 2019, the date of the closing, to December 31, 2024, the Computation Period. All nonpurpose payments and receipts are future valued to the Computation Date of September 30, 2027.

Computations of yield are based on a 360-day year and semiannual compounding on the last day of each compounding interval. Compounding intervals end on a day in the calendar year corresponding to Bond maturity dates or six months prior.

For investment cash flow, debt service and yield computation purposes, all payments and receipts are assumed to be paid or received respectively, as shown on the attached schedules.
Purchase prices on investments are assumed to be at fair market value, representing an arm's length transaction.
During the period between September 30, 2019 and December 31, 2024, the District made periodic payments into the Debt Service Fund that were used, along with the interest earned, to provide the required debt service payments.
Under Section 148(f)(4)(A), the rebate requirement does not apply to amounts in certain bona fide debt service funds. The Regulations define a bona fide debt service fund as one that is used primarily to achieve a proper matching of revenues with principal and interest payments within each bond year. The fund must be depleted at least once each bond year, except for a reasonable carryover amount not to exceed the greater of the earnings on the fund for the immediately preceding bond year or 1/12th of the principal and interest payments on the issue for the immediately preceding bond year.
We have reviewed the Debt Service Fund and have determined that the funds deposited have functioned as a bona fide debt service fund and are not subject to the rebate requirement.

DEFINITIONS

Computation Date
September 30, 2027.

Computation Period
The period beginning on September 30, 2019, the date of the closing, and ending on December 31, 2024.

Bond Year
Each one-year period (or shorter period from the date of issue) that ends at the close of business on the day in the calendar year that is selected by the Issuer. If no day is selected by the Issuer before the earlier of the final maturity date of the issue or the date that is five years after the date of issue, each bond year ends at the close of business on the anniversary date of the issuance.

Bond Yield
The discount rate that, when used in computing the present value of all the unconditionally payable payments of principal and interest with respect to the Bonds, produces an amount equal to the present value of the issue price of the Bonds. Present value is computed as of the date of issue of the Bonds.

Taxable Investment Yield
The discount rate that, when used in computing the present value of all receipts of principal and interest to be received on an investment during the Computation Period, produces an amount equal to the fair market value of the investment at the time it became a nonpurpose investment.

Issue Price
The price determined on the basis of the initial offering price at which price a substantial amount of the Bonds was sold.

Rebatable Arbitrage
The Code defines the required rebate as the excess of the amount earned on all nonpurpose investments over the amount that would have been earned if such nonpurpose investments were invested at the Bond Yield, plus any income attributable to the excess. Accordingly, the Regulations require that this amount be computed as the excess of the future value of all the nonpurpose receipts over the future value of all the nonpurpose payments. The future value is computed as of the Computation Date using the Bond Yield.

Funds and Accounts
The Funds and Accounts activity used in the compilation of this Report was received from the District and US Bank, Trustee, as follows:

Fund	Account Number	
Revenue	234304000	
2005-1 Escrow Fund	Verification Report	
2007-1 Escrow Fund	Verification Report	
Cost of Issuance	234304005	
Capitalized Interest	234304001	
Sinking	234304002	
Prepayment	234304004	
Debt Service Reserve	234304003	

METHODOLOGY

Bond Yield
The methodology used to calculate the bond yield was to determine the discount rate that produces the present value of all payments of principal and interest through the maturity date of the Bonds.

Investment Yield and Rebate Amount
The methodology used to calculate the Rebatable Arbitrage, as of December 31, 2024, was to calculate the future value of the disbursements from all funds, subject to rebate, and the value of the remaining bond proceeds, at the yield on the Bonds, to September 30, 2027. This figure was then compared to the future value of the deposit of bond proceeds into the various investment accounts at the same yield. The difference between the future values of the two cash flows, on September 30, 2027, is the Rebatable Arbitrage.

Westside Community Development District (Osceola County, Florida)
Special Assessment Revenue Refunding Bonds, Series 2019 Delivered: September 30, 2019

SOURCES	2019-1 Bonds	2019-2 Bonds	Totals	
Par Amount	$6,780,000.00	$6,315,000.00	$13,095,000.00	
Net Original Issue Discount	-5,137.55	-11,458.35	-16,595.90	
Prior Bond Monies	716,095.51	887,312.91	1,603,408.42	
Totals	$7,490,957.96	$7,190,854.56	$14,681,812.52	

USES	
2019-1 Bonds	
2019-2 Bonds	
Totals	
Escrow Fund	$7,017,806.25	$6,754,720.00	$13,772,526.25	
Debt Service Reserve Fund	264,713.13	238,890.63	503,603.76	
Capitalized Interest Fund	22,665.09	21,278.59	43,943.68	
Cost of Issuance Fund	84,073.49	81,240.34	165,313.83	
Underwriter’s Discount	101,700.00	94,725.00	196,425.00	
Totals	$7,490,957.96	$7,190,854.56	$14,681,812.52	

(Osceola County, Florida)
Special Assessment Revenue Refunding Bonds, Series 2019 2019-1 Escrow Fund

	ARBITRAGE REBATE CALCULATION DETAIL REPORT		
	
RECEIPTS	FUTURE VALUE @ BOND YIELD OF	
DATE	DESCRIPTION	(PAYMENTS)	(6.432500%)	
09/30/19	Beg Bal	-7,017,806.25	-11,645,834.05	
11/01/19	7,017,806.25	11,582,515.04	
09/30/27	TOTALS:	0.00	-63,319.01	

ISSUE DATE:	09/30/19	
REBATABLE ARBITRAGE:	
-63,319.01	
COMP DATE:	09/30/27	NET INCOME:	0.00	
BOND YIELD: 6.432500%	TAX INV YIELD:	0.000000%	

(Osceola County, Florida)
Special Assessment Revenue Refunding Bonds, Series 2019 2019-2 Escrow Fund

	ARBITRAGE REBATE CALCULATION DETAIL REPORT		
	
RECEIPTS	FUTURE VALUE @ BOND YIELD OF	
DATE	DESCRIPTION	(PAYMENTS)	(6.432500%)	
09/30/19	Beg Bal	-6,754,720.00	-11,209,250.49	
11/01/19	6,754,720.00	11,148,305.21	
09/30/27	TOTALS:	0.00	-60,945.28	

ISSUE DATE:	09/30/19	
REBATABLE ARBITRAGE:	
-60,945.28	
COMP DATE:	09/30/27	NET INCOME:	0.00	
BOND YIELD: 6.432500%	TAX INV YIELD:	0.000000%	

(Osceola County, Florida)
Special Assessment Revenue Refunding Bonds, Series 2019 2019-1 & 2019-2 Debt Service Reserve Fund

ARBITRAGE REBATE CALCULATION DETAIL REPORT

FUTURE VALUE @
RECEIPTS	BOND YIELD OF
DATE	DESCRIPTION	(PAYMENTS)	(6.432500%)

09/30/19	Beg	Bal	-503,603.76	-835,714.98	
10/02/19			2.07	3.43	
11/04/19			64.16	105.84	
12/03/19			62.09	101.90	
01/03/20			64.16	104.74	
02/04/20			63.98	103.88	
03/03/20			52.97	85.57	
04/02/20			23.87	38.36	
05/01/20			125.01	199.89	
05/04/20			4.13	6.60	
06/02/20			4.26	6.77	
07/02/20			2.48	3.92	
08/04/20			2.34	3.68	
09/02/20			2.13	3.33	
10/02/20			2.06	3.21	
11/03/20			2.13	3.30	
12/02/20			2.06	3.17	
01/05/21			2.13	3.26	
02/02/21			2.14	3.26	
03/02/21			1.93	2.93	
04/02/21			2.14	3.23	
05/04/21			2.07	3.11	
06/02/21			2.14	3.19	
07/02/21			2.07	3.07	
08/03/21			2.14	3.16	
09/02/21			2.14	3.14	
10/04/21			2.07	3.02	
11/02/21			2.14	3.11	
12/02/21			2.07	2.99	
01/04/22			2.14	3.08	
02/02/22			2.14	3.06	
03/02/22			1.93	2.75	
04/04/22			2.17	3.07	
05/03/22			2.07	2.92	
06/02/22			2.17	3.04	
07/05/22			2.07	2.88	
08/02/22			2.14	2.97	
09/01/22			332.08	458.08	
10/04/22			620.73	851.29	
11/02/22			761.43	1,039.12	
12/02/22			806.95	1,095.45	
01/04/23			940.75	1,269.92	
02/02/23			1,000.75	1,344.28	
03/02/23			907.64	1,212.79	
04/04/23			1,224.90	1,627.53	
05/02/23			1,528.37	2,020.77	
06/02/23			1,582.16	2,080.88	
07/05/23			1,572.51	2,056.22	

(Osceola County, Florida)
Special Assessment Revenue Refunding Bonds, Series 2019 2019-1 & 2019-2 Debt Service Reserve Fund

	ARBITRAGE REBATE CALCULATION DETAIL REPORT		
	
RECEIPTS	FUTURE VALUE @ BOND YIELD OF	
DATE	DESCRIPTION	(PAYMENTS)	(6.432500%)	
08/02/23	1,832.53	2,384.88	
09/05/23	2,287.72	2,960.04	
10/03/23	2,213.93	2,850.49	
11/02/23	2,288.04	2,930.92	
12/04/23	2,198.06	2,799.86	
01/03/24	2,259.02	2,862.87	
02/02/24	2,238.84	2,822.86	
03/04/24	2,094.72	2,626.32	
04/02/24	2,239.74	2,794.35	
05/02/24	2,166.94	2,689.30	
06/04/24	2,239.15	2,763.32	
07/02/24	2,166.94	2,661.07	
08/02/24	2,237.82	2,733.65	
09/04/24	2,237.44	2,717.85	
10/02/24	2,082.74	2,517.51	
11/04/24	2,024.17	2,432.98	
12/03/24	1,880.31	2,248.57	
12/31/24	Bal	503,478.75	599,232.78	
12/31/24	Acc	1,942.99	2,312.52	
09/30/27	TOTALS:	50,306.27	-172,477.64	

ISSUE DATE:	09/30/19	
REBATABLE ARBITRAGE:	
-172,477.64	
COMP DATE:	09/30/27	NET INCOME:	50,306.27	
BOND YIELD: 6.432500%	TAX INV YIELD:	1.853575%	

(Osceola County, Florida)
Special Assessment Revenue Refunding Bonds, Series 2019 2019-1 & 2019-2 Capitalized Interest Fund

ARBITRAGE REBATE CALCULATION DETAIL REPORT

FUTURE VALUE @
RECEIPTS	BOND YIELD OF
DATE	DESCRIPTION	(PAYMENTS)	(6.432500%)

09/30/19	Beg	Bal	-43,943.68	-72,923.19	
10/02/19			0.18	0.30	
11/01/19			43,943.68	72,526.70	
11/04/19			5.60	9.24	
05/01/20			-255,156.88	-408,000.51	
05/01/20			255,156.88	408,000.51	
09/30/27	TOTALS:	5.78	-386.95	

ISSUE DATE:	09/30/19	
REBATABLE ARBITRAGE:	
-386.95	
COMP DATE:	09/30/27	NET INCOME:	5.78	
BOND YIELD: 6.432500%	TAX INV YIELD:	0.152794%	

(Osceola County, Florida)
Special Assessment Revenue Refunding Bonds, Series 2019 2019-1 & 2019-2 Cost of Issuance Fund

ARBITRAGE REBATE CALCULATION DETAIL REPORT

FUTURE VALUE @
RECEIPTS	BOND YIELD OF
DATE	DESCRIPTION	(PAYMENTS)	(6.432500%)

09/30/19	Beg	Bal	-165,313.83	-274,333.23	
10/01/19			73,500.00	121,949.54	
10/01/19			35,500.00	58,900.80	
10/09/19			500.00	828.42	
10/09/19			5,375.00	8,905.54	
10/16/19			1,500.00	2,482.21	
11/05/19			42,000.00	69,270.01	
12/31/24	Bal		7,644.21	9,098.02	
12/31/24	Acc		29.38	34.97	
09/30/27	TOTALS:	734.76	-2,863.70	

ISSUE DATE:	09/30/19	
REBATABLE ARBITRAGE:	
-2,863.70	
COMP DATE:	09/30/27	NET INCOME:	734.76	
BOND YIELD: 6.432500%	TAX INV YIELD:	1.709917%	

(Osceola County, Florida)
Special Assessment Revenue Refunding Bonds, Series 2019 Rebate Computation Credits

	ARBITRAGE REBATE CALCULATION DETAIL REPORT		
	
RECEIPTS	FUTURE VALUE @ BOND YIELD OF	
DATE	DESCRIPTION	(PAYMENTS)	(6.432500%)	
09/30/20	-1,760.00	-2,741.48	
09/30/21	-1,780.00	-2,602.54	
09/30/22	-1,830.00	-2,511.49	
09/30/23	-1,960.00	-2,524.88	
09/30/24	-2,070.00	-2,502.99	
09/30/27	TOTALS:	-9,400.00	-12,883.38	

ISSUE DATE:	09/30/19	REBATABLE ARBITRAGE: -12,883.38 COMP DATE:	09/30/27
BOND YIELD: 6.432500%

REBATE REPORT
$1,860,000
Westside Community Development District
(Osceola County, Florida)
Special Assessment Revenue Bonds, Series 2019 (Windsor Parcel K)

Dated: December 6, 2019
Delivered: December 6, 2019

Rebate Report to the Computation Date December 6, 2024
Reflecting Activity To December 6, 2024

TABLE OF CONTENTS

AMTEC Opinion	3	
Summary of Rebate Computations	4	
Summary of Computational Information and Definitions	5	
Methodology	7	
Sources and Uses	8	
Proof of Arbitrage Yield	9	
Bond Debt Service	11	
Arbitrage Rebate Calculation Detail Report – Acquisition & Construction Fund	13	
Arbitrage Rebate Calculation Detail Report – Debt Service Reserve Fund	14	
Arbitrage Rebate Calculation Detail Report – Capitalized Interest Fund	16	
Arbitrage Rebate Calculation Detail Report – Costs of Issuance Account	17	
Arbitrage Rebate Calculation Detail Report – Rebate Computation Credits	18	

February 14, 2025

Westside Community Development District c/o Ms. Katie Costa
Director of Operations – Accounting Division Government Management Services – CF, LLC 6200 Lee Vista Boulevard, Suite 300
Orlando, FL 32822

Re:	$1,860,000 Westside Community Development District (Osceola County, Florida), Special
Assessment Revenue Bonds, Series 2019 (Windsor Parcel K)	

Dear Ms. Costa:
AMTEC has prepared certain computations relating to the above referenced bond issue (the “Bonds”) at the request of the Westside Community Development District (the “District”)
The scope of our engagement consisted of preparing the computations shown in the attached schedules to determine the Rebatable Arbitrage as described in Section 103 of the Internal Revenue Code of 1954, Section 148(f) of the Internal Revenue Code of 1986, as amended (the "Code"), and all applicable Regulations issued thereunder. The methodology used is consistent with current tax law and regulations and may be relied upon in determining the rebate liability. Certain computational methods used in the preparation of the schedules are described in the Summary of Computational Information and Definitions.

Our engagement was limited to the computation of Rebatable Arbitrage based upon the information furnished to us by the District. In accordance with the terms of our engagement, we did not audit the information provided to us, and we express no opinion as to the completeness, accuracy or suitability of such information for purposes of calculating the Rebatable Arbitrage.

We have scheduled our next Report as of November 30, 2025. Thank you and should you have any questions, please do not hesitate to contact us.

Very truly yours,

Michael J. Scarfo
Senior Vice President	Trong M. Tran
Assistant Vice President	

SUMMARY OF REBATE COMPUTATIONS
Our computations, contained in the attached schedules, are summarized as follows: For the December 6, 2024 Computation Date
Reflecting Activity from December 6, 2019 through December 6, 2024

Fund Description	Taxable Inv Yield	Net Income	Rebatable Arbitrage	
Acquisition & Construction Fund	0.254141%	1,519.65	(26,467.40)	
Debt Service Reserve Fund	1.882781%	8,960.12	(10,917.86)	
Capitalized Interest Fund	0.060446%	27.48	(2,116.04)	
Costs of Issuance Account	0.000000%	0.00	0.00	
Totals	0.930853%	$10,507.25	$(39,501.30)	
Bond Yield	3.979551%		
Rebate Computation Credits	(10,152.66)	
Net Rebatable Arbitrage	$(49,653.96)	

Based upon our computations, no rebate liability exists.

SUMMARY OF COMPUTATIONAL INFORMATION AND DEFINITIONS
COMPUTATIONAL INFORMATION

For purposes of computing Rebatable Arbitrage, investment activity is reflected from December 6, 2019, the date of the closing, to December 6, 2024, the Computation Date. All nonpurpose payments and receipts are future valued to the Computation Date of December 6, 2024.

Computations of yield are based on a 360-day year and semiannual compounding on the last day of each compounding interval. Compounding intervals end on a day in the calendar year corresponding to Bond maturity dates or six months prior.

For investment cash flow, debt service and yield computation purposes, all payments and receipts are assumed to be paid or received respectively, as shown on the attached schedules.
Purchase prices on investments are assumed to be at fair market value, representing an arm's length transaction.
During the period between December 6, 2019 and December 6, 2024, the District made periodic payments into the Debt Service Fund that were used, along with the interest earned, to provide the required debt service payments.
Under Section 148(f)(4)(A), the rebate requirement does not apply to amounts in certain bona fide debt service funds. The Regulations define a bona fide debt service fund as one that is used primarily to achieve a proper matching of revenues with principal and interest payments within each bond year. The fund must be depleted at least once each bond year, except for a reasonable carryover amount not to exceed the greater of the earnings on the fund for the immediately preceding bond year or 1/12th of the principal and interest payments on the issue for the immediately preceding bond year.
We have reviewed the Debt Service Fund and have determined that the funds deposited have functioned as a bona fide debt service fund and are not subject to the rebate requirement.

DEFINITIONS

Computation Date
December 6, 2024.

Computation Period
The period beginning on December 6, 2019, the date of the closing, and ending on December 6, 2024, the Computation Date.

Bond Year
Each one-year period (or shorter period from the date of issue) that ends at the close of business on the day in the calendar year that is selected by the Issuer. If no day is selected by the Issuer before the earlier of the final maturity date of the issue or the date that is five years after the date of issue, each bond year ends at the close of business on the anniversary date of the issuance.

Bond Yield
The discount rate that, when used in computing the present value of all the unconditionally payable payments of principal and interest with respect to the Bonds, produces an amount equal to the present value of the issue price of the Bonds. Present value is computed as of the date of issue of the Bonds.

Taxable Investment Yield
The discount rate that, when used in computing the present value of all receipts of principal and interest to be received on an investment during the Computation Period, produces an amount equal to the fair market value of the investment at the time it became a nonpurpose investment.

Issue Price
The price determined on the basis of the initial offering price at which price a substantial amount of the Bonds was sold.

Rebatable Arbitrage
The Code defines the required rebate as the excess of the amount earned on all nonpurpose investments over the amount that would have been earned if such nonpurpose investments were invested at the Bond Yield, plus any income attributable to the excess. Accordingly, the Regulations require that this amount be computed as the excess of the future value of all the nonpurpose receipts over the future value of all the nonpurpose payments. The future value is computed as of the Computation Date using the Bond Yield.

Funds and Accounts
The Funds and Accounts activity used in the compilation of this Report was received from the District and US Bank, Trustee, as follows:

Fund	Account Number	
Acquisition & Construction Fund	228722005	
Revenue Account	228722000	
Interest Account	228722001	
Sinking Fund Account	228722002	
Debt Service Reserve Fund	228722003	
Prepayment Account	228722004	

METHODOLOGY

Bond Yield
The methodology used to calculate the bond yield was to determine the discount rate that produces the present value of all payments of principal and interest through the maturity date of the Bonds.

Investment Yield and Rebate Amount
The methodology used to calculate the Rebatable Arbitrage, as of December 6, 2024, was to calculate the future value of the disbursements from all funds, subject to rebate, and the value of the remaining bond proceeds, at the yield on the Bonds, to December 6, 2024. This figure was then compared to the future value of the deposit of bond proceeds into the various investment accounts at the same yield. The difference between the future values of the two cash flows, on December 6, 2024, is the Rebatable Arbitrage.

$1,860,000
Westside Community Development District (Osceola County, Florida)
Special Assessment Revenue Bonds, Series 2019 (Windsor Parcel K)
Delivered: December 6, 2019

Sources of Funds

Par Amount	$1,860,000.00	
Totals	$1,860,000.00	

Uses of Funds

Acquisition & Construction Fund	$1,472,398.61	
Debt Service Reserve Fund	92,850.00	
Capitalized Interest Fund	66,751.39	
Costs of Issuance Account	178,000.00	
Underwriter’s Discount	50,000.00	
Total	$1,860,000.00	

PROOF OF ARBITRAGE YIELD
$1,860,000
Westside Community Development District (Osceola County, Florida)
Special Assessment Revenue Bonds, Series 2019 (Windsor Parcel K)

Date	

Debt Service	Present Value to 12/06/2019
@ 3.9795513505%	
05/01/2020	29,781.39	29,312.45	
11/01/2020	36,970.00	35,677.96	
05/01/2021	36,970.00	34,981.89	
11/01/2021	36,970.00	34,299.41	
05/01/2022	36,970.00	33,630.25	
11/01/2022	36,970.00	32,974.14	
05/01/2023	36,970.00	32,330.82	
11/01/2023	36,970.00	31,700.06	
05/01/2024	36,970.00	31,081.61	
11/01/2024	36,970.00	30,475.22	
05/01/2025	36,970.00	29,880.66	
11/01/2025	36,970.00	29,297.71	
05/01/2026	36,970.00	28,726.12	
11/01/2026	36,970.00	28,165.69	
05/01/2027	36,970.00	27,616.19	
11/01/2027	36,970.00	27,077.41	
05/01/2028	36,970.00	26,549.14	
11/01/2028	36,970.00	26,031.18	
05/01/2029	36,970.00	25,523.32	
11/01/2029	36,970.00	25,025.37	
05/01/2030	36,970.00	24,537.14	
11/01/2030	36,970.00	24,058.43	
05/01/2031	36,970.00	23,589.06	
11/01/2031	36,970.00	23,128.85	
05/01/2032	36,970.00	22,677.61	
11/01/2032	36,970.00	22,235.18	
05/01/2033	41,970.00	24,749.91	
11/01/2033	36,875.00	21,321.12	
05/01/2034	41,875.00	23,739.75	
11/01/2034	36,780.00	20,444.50	
05/01/2035	41,780.00	22,770.71	
11/01/2035	36,685.00	19,603.79	
05/01/2036	41,685.00	21,841.10	
11/01/2036	36,590.00	18,797.52	
05/01/2037	41,590.00	20,949.34	
11/01/2037	36,495.00	18,024.29	
05/01/2038	126,495.00	61,255.01	
11/01/2038	34,785.00	16,515.95	
05/01/2039	149,785.00	69,730.58	
11/01/2039	32,600.00	14,880.45	
05/01/2040	152,600.00	68,296.15	
11/01/2040	30,200.00	13,252.32	
05/01/2041	155,200.00	66,775.96	
11/01/2041	27,700.00	11,685.61	
05/01/2042	157,700.00	65,229.92	
11/01/2042	25,100.00	10,179.64	
05/01/2043	160,100.00	63,663.89	
11/01/2043	22,400.00	8,733.60	
05/01/2044	162,400.00	62,083.28	
11/01/2044	19,600.00	7,346.63	
05/01/2045	164,600.00	60,493.00	
11/01/2045	16,700.00	6,017.76	
05/01/2046	171,700.00	60,664.18	
11/01/2046	13,600.00	4,711.34	
05/01/2047	173,600.00	58,965.57	
11/01/2047	10,400.00	3,463.58	
05/01/2048	175,400.00	57,275.00	

PROOF OF ARBITRAGE YIELD
$1,860,000
Westside Community Development District (Osceola County, Florida)
Special Assessment Revenue Bonds, Series 2019 (Windsor Parcel K)

Date	

Debt Service	Present Value to 12/06/2019
@ 3.9795513505%	
11/01/2048	7,100.00	2,273.20	
05/01/2049	182,100.00	57,165.26	
11/01/2049	3,600.00	1,108.07	
05/01/2050	183,600.00	55,409.17	
	3,705,421.39	1,860,000.00	
	
Proceeds Summary		

Delivery date	12/06/2019	
Par Value	1,860,000.00	
Target for yield calculation	1,860,000.00	

BOND DEBT SERVICE
$1,860,000
Westside Community Development District (Osceola County, Florida)
Special Assessment Revenue Bonds, Series 2019 (Windsor Parcel K)

Period Ending	Principal	Coupon	Interest	Debt Service	Annual Debt Service	
12/06/2019						
05/01/2020			29,781.39	29,781.39	29,781.39	
11/01/2020			36,970.00	36,970.00		
05/01/2021			36,970.00	36,970.00	73,940.00	
11/01/2021			36,970.00	36,970.00		
05/01/2022			36,970.00	36,970.00	73,940.00	
11/01/2022			36,970.00	36,970.00		
05/01/2023			36,970.00	36,970.00	73,940.00	
11/01/2023			36,970.00	36,970.00		
05/01/2024			36,970.00	36,970.00	73,940.00	
11/01/2024			36,970.00	36,970.00		
05/01/2025			36,970.00	36,970.00	73,940.00	
11/01/2025			36,970.00	36,970.00		
05/01/2026			36,970.00	36,970.00	73,940.00	
11/01/2026			36,970.00	36,970.00		
05/01/2027			36,970.00	36,970.00	73,940.00	
11/01/2027			36,970.00	36,970.00		
05/01/2028			36,970.00	36,970.00	73,940.00	
11/01/2028			36,970.00	36,970.00		
05/01/2029			36,970.00	36,970.00	73,940.00	
11/01/2029			36,970.00	36,970.00		
05/01/2030			36,970.00	36,970.00	73,940.00	
11/01/2030			36,970.00	36,970.00		
05/01/2031			36,970.00	36,970.00	73,940.00	
11/01/2031			36,970.00	36,970.00		
05/01/2032			36,970.00	36,970.00	73,940.00	
11/01/2032			36,970.00	36,970.00		
05/01/2033	5,000	3.800%	36,970.00	41,970.00	78,940.00	
11/01/2033			36,875.00	36,875.00		
05/01/2034	5,000	3.800%	36,875.00	41,875.00	78,750.00	
11/01/2034			36,780.00	36,780.00		
05/01/2035	5,000	3.800%	36,780.00	41,780.00	78,560.00	
11/01/2035			36,685.00	36,685.00		
05/01/2036	5,000	3.800%	36,685.00	41,685.00	78,370.00	
11/01/2036			36,590.00	36,590.00		
05/01/2037	5,000	3.800%	36,590.00	41,590.00	78,180.00	
11/01/2037			36,495.00	36,495.00		
05/01/2038	90,000	3.800%	36,495.00	126,495.00	162,990.00	
11/01/2038			34,785.00	34,785.00		
05/01/2039	115,000	3.800%	34,785.00	149,785.00	184,570.00	
11/01/2039			32,600.00	32,600.00		
05/01/2040	120,000	4.000%	32,600.00	152,600.00	185,200.00	
11/01/2040			30,200.00	30,200.00		
05/01/2041	125,000	4.000%	30,200.00	155,200.00	185,400.00	
11/01/2041			27,700.00	27,700.00		
05/01/2042	130,000	4.000%	27,700.00	157,700.00	185,400.00	
11/01/2042			25,100.00	25,100.00		
05/01/2043	135,000	4.000%	25,100.00	160,100.00	185,200.00	
11/01/2043			22,400.00	22,400.00		
05/01/2044	140,000	4.000%	22,400.00	162,400.00	184,800.00	
11/01/2044			19,600.00	19,600.00		
05/01/2045	145,000	4.000%	19,600.00	164,600.00	184,200.00	
11/01/2045			16,700.00	16,700.00		
05/01/2046	155,000	4.000%	16,700.00	171,700.00	188,400.00	
11/01/2046			13,600.00	13,600.00		
05/01/2047	160,000	4.000%	13,600.00	173,600.00	187,200.00	
11/01/2047			10,400.00	10,400.00		
05/01/2048	165,000	4.000%	10,400.00	175,400.00	185,800.00	

BOND DEBT SERVICE
$1,860,000
Westside Community Development District (Osceola County, Florida)
Special Assessment Revenue Bonds, Series 2019 (Windsor Parcel K)

Period Ending	Principal	Coupon	Interest	Debt Service	Annual Debt Service	
11/01/2048			7,100.00	7,100.00		
05/01/2049	175,000	4.000%	7,100.00	182,100.00	189,200.00	
11/01/2049			3,600.00	3,600.00		
05/01/2050	180,000	4.000%	3,600.00	183,600.00	187,200.00	
	1,860,000		1,845,421.39	3,705,421.39	3,705,421.39	

ARBITRAGE REBATE CALCULATION DETAIL REPORT
FUTURE VALUE @
RECEIPTS	BOND YIELD OF
DATE	DESCRIPTION	(PAYMENTS)	(3.979551%)

12/06/19	Beg	Bal	-1,472,398.61	-1,793,047.37	
04/02/20			-12,632.61	-15,189.56	
04/20/20			1,472,743.00	1,767,353.37	
11/12/20			3,500.00	4,108.30	
12/06/24	Bal		10,300.46	10,300.46	
12/06/24	Acc		7.41	7.41	
12/06/24	TOTALS:	1,519.65	-26,467.40	

ISSUE DATE:	12/06/19	
REBATABLE ARBITRAGE:	
-26,467.40	
COMP DATE:	12/06/24	NET INCOME:	1,519.65	
BOND YIELD: 3.979551%	TAX INV YIELD:	0.254141%	

ARBITRAGE REBATE CALCULATION DETAIL REPORT
FUTURE VALUE @
RECEIPTS	BOND YIELD OF
DATE	DESCRIPTION	(PAYMENTS)	(3.979551%)

12/06/19	Beg	Bal	-92,850.00	-113,070.23	
01/03/20			9.92	12.04	
02/04/20			11.80	14.28	
03/03/20			9.77	11.78	
04/02/20			4.40	5.29	
05/04/20			0.76	0.91	
06/02/20			0.79	0.94	
07/02/20			0.46	0.55	
08/04/20			0.43	0.51	
09/02/20			0.39	0.46	
10/02/20			0.38	0.45	
11/03/20			0.39	0.46	
12/02/20			0.34	0.40	
01/05/21			0.34	0.40	
02/02/21			0.39	0.45	
03/02/21			0.36	0.42	
04/02/21			0.39	0.45	
05/04/21			0.38	0.44	
06/02/21			0.39	0.45	
07/02/21			0.38	0.43	
08/03/21			0.39	0.44	
09/02/21			0.39	0.44	
10/04/21			0.38	0.43	
11/02/21			0.39	0.44	
12/02/21			0.38	0.43	
01/04/22			0.39	0.44	
02/02/22			0.39	0.44	
03/02/22			0.36	0.40	
04/04/22			0.39	0.43	
05/03/22			0.38	0.42	
06/02/22			0.39	0.43	
07/05/22			0.38	0.42	
08/02/22			0.39	0.43	
09/02/22			61.24	66.95	
10/04/22			114.47	124.70	
11/02/22			140.42	152.50	
12/02/22			148.81	161.08	
01/04/23			173.49	187.14	
02/02/23			184.56	198.47	
03/02/23			167.38	179.41	
04/04/23			225.89	241.28	
05/02/23			281.86	300.14	
06/02/23			291.78	309.68	
07/05/23			290.00	306.68	
08/02/23			337.95	356.34	
09/05/23			421.90	443.25	
10/03/23			408.29	427.64	

	ARBITRAGE REBATE CALCULATION DETAIL REPORT		
	
RECEIPTS	FUTURE VALUE @ BOND YIELD OF	
DATE	DESCRIPTION	(PAYMENTS)	(3.979551%)	
11/02/23	421.95	440.55	
12/04/23	405.36	421.74	
01/03/24	416.60	432.06	
02/02/24	412.88	426.85	
03/04/24	386.30	397.97	
04/02/24	413.05	424.23	
05/02/24	399.62	409.09	
06/04/24	412.94	421.25	
07/02/24	399.62	406.41	
08/02/24	412.69	418.33	
09/04/24	412.62	416.80	
10/02/24	384.09	386.79	
11/04/24	373.29	374.60	
12/03/24	346.76	346.87	
12/06/24	Bal	92,850.00	92,850.00	
12/06/24	Acc	66.85	66.85	
12/06/24	TOTALS:	8,960.12	-10,917.86	

ISSUE DATE:	12/06/19	
REBATABLE ARBITRAGE:	
-10,917.86	
COMP DATE:	12/06/24	NET INCOME:	8,960.12	
BOND YIELD: 3.979551%	TAX INV YIELD:	1.882781%	

ARBITRAGE REBATE CALCULATION DETAIL REPORT
FUTURE VALUE @
RECEIPTS	BOND YIELD OF
DATE	DESCRIPTION	(PAYMENTS)	(3.979551%)

12/06/19	Beg	Bal	-66,751.39	-81,288.05	
01/03/20			7.13	8.66	
02/04/20			8.48	10.26	
03/03/20			7.02	8.47	
04/02/20			3.16	3.80	
05/01/20			29,781.39	35,695.91	
05/04/20			0.55	0.66	
06/02/20			0.31	0.37	
07/02/20			0.18	0.21	
08/04/20			0.17	0.20	
09/02/20			0.16	0.19	
10/02/20			0.15	0.18	
11/02/20			36,970.00	43,442.90	
11/03/20			0.16	0.19	
12/02/20			0.01	0.01	
12/06/24	TOTALS:	27.48	-2,116.04	

ISSUE DATE:	12/06/19	
REBATABLE ARBITRAGE:	
-2,116.04	
COMP DATE:	12/06/24	NET INCOME:	27.48	
BOND YIELD: 3.979551%	TAX INV YIELD:	0.060446%	

ARBITRAGE REBATE CALCULATION DETAIL REPORT
FUTURE VALUE @
RECEIPTS	BOND YIELD OF
DATE	DESCRIPTION	(PAYMENTS)	(3.979551%)

12/06/19	Beg	Bal	-178,000.00	-216,763.61	
12/06/19			15,000.00	18,266.60	
12/06/19			12,500.00	15,222.16	
12/06/19			3,500.00	4,262.21	
12/06/19			37,500.00	45,666.49	
12/06/19			42,500.00	51,755.36	
12/06/19			3,500.00	4,262.21	
12/06/19			8,000.00	9,742.18	
12/06/19			2,500.00	3,044.43	
12/06/19			5,425.00	6,606.42	
12/06/19			6,500.00	7,915.52	
12/06/19			37,500.00	45,666.49	
12/06/19			3,575.00	4,353.54	
12/06/24	TOTALS:	0.00	0.00	

ISSUE DATE:	12/06/19	
REBATABLE ARBITRAGE:	
0.00	
COMP DATE:	12/06/24	NET INCOME:	0.00	
BOND YIELD: 3.979551%	TAX INV YIELD:	0.000000%	

	ARBITRAGE REBATE CALCULATION DETAIL REPORT		
	
RECEIPTS	FUTURE VALUE @ BOND YIELD OF	
DATE	DESCRIPTION	(PAYMENTS)	(3.979551%)	
12/06/20	-1,760.00	-2,060.47	
12/06/21	-1,780.00	-2,003.36	
12/06/22	-1,830.00	-1,980.06	
12/06/23	-1,960.00	-2,038.78	
12/06/24	-2,070.00	-2,070.00	
12/06/24	TOTALS:	-9,400.00	-10,152.66	

ISSUE DATE:	12/06/19	REBATABLE ARBITRAGE: -10,152.66 COMP DATE:	12/06/24
BOND YIELD: 3.979551%

REBATE REPORT
$1,835,000
Westside Community Development District
(Osceola County, Florida)
Special Assessment Revenue Bonds, Series 2022-1 (Assessment Area One)

Dated: November 22, 2022
Delivered: November 22, 2022

Rebate Report to the Computation Date June 15, 2027
Reflecting Activity To December 31, 2024

TABLE OF CONTENTS

AMTEC Opinion	3	
Summary of Rebate Computations	4	
Summary of Computational Information and Definitions	5	
Methodology	7	
Sources and Uses	8	
Proof of Arbitrage Yield	9	
Bond Debt Service	11	
Arbitrage Rebate Calculation Detail Report – Acquisition & Construction Fund	12	
Arbitrage Rebate Calculation Detail Report – Debt Service Reserve Fund	13	
Arbitrage Rebate Calculation Detail Report – Capitalized Interest Fund	14	
Arbitrage Rebate Calculation Detail Report – Costs of Issuance Account	15	
Arbitrage Rebate Calculation Detail Report – Rebate Computation Credits	16	

February 14, 2025

Westside Community Development District c/o Ms. Katie Costa
Director of Operations – Accounting Division Government Management Services – CF, LLC 6200 Lee Vista Boulevard, Suite 300
Orlando, FL 32822

Re:	$1,835,000 Westside Community Development District (Osceola County, Florida), Special
Assessment Revenue Bonds, Series 2022-1 (Assessment Area One)	

Dear Ms. Costa:
AMTEC has prepared certain computations relating to the above referenced bond issue (the “Bonds”) at the request of the Westside Community Development District (the “District”).
The scope of our engagement consisted of preparing the computations shown in the attached schedules to determine the Rebatable Arbitrage as described in Section 103 of the Internal Revenue Code of 1954, Section 148(f) of the Internal Revenue Code of 1986, as amended (the "Code"), and all applicable Regulations issued thereunder. The methodology used is consistent with current tax law and regulations and may be relied upon in determining the rebate liability. Certain computational methods used in the preparation of the schedules are described in the Summary of Computational Information and Definitions.

Our engagement was limited to the computation of Rebatable Arbitrage based upon the information furnished to us by the District. In accordance with the terms of our engagement, we did not audit the information provided to us, and we express no opinion as to the completeness, accuracy or suitability of such information for purposes of calculating the Rebatable Arbitrage.

We have scheduled our next Report as of June 30, 2025. Thank you and should you have any questions, please do not hesitate to contact us.

Very truly yours,

Michael J. Scarfo
Senior Vice President	Trong M. Tran
Assistant Vice President	

SUMMARY OF REBATE COMPUTATIONS
Our computations, contained in the attached schedules, are summarized as follows: For the June 15, 2027 Computation Date
Reflecting Activity from November 22, 2022 through December 31, 2024

Fund Description	Taxable Inv Yield	Net Income	Rebatable Arbitrage	
Acquisition & Construction Fund	4.527360%	148,559.98	(66,643.61)	
Debt Service Reserve Fund	4.505992%	11,734.67	(5,364.14)	
Capitalized Interest Fund	3.410197%	2,575.65	(2,677.03)	
Costs of Issuance Account	2.313982%	101.38	(219.44)	
Totals	4.499057%	$162,971.68	$(74,904.22)	
Bond Yield	6.200407%		
Rebate Computation Credits	(4,988.41)	
Net Rebatable Arbitrage	$(79,892.63)	

Based upon our computations, no rebate liability exists.

SUMMARY OF COMPUTATIONAL INFORMATION AND DEFINITIONS
COMPUTATIONAL INFORMATION

For purposes of computing Rebatable Arbitrage, investment activity is reflected from November 22, 2022, the date of the closing, to December 31, 2024, the Computation Period. All nonpurpose payments and receipts are future valued to the Computation Date of June 15, 2027.

Computations of yield are based on a 360-day year and semiannual compounding on the last day of each compounding interval. Compounding intervals end on a day in the calendar year corresponding to Bond maturity dates or six months prior.

For investment cash flow, debt service and yield computation purposes, all payments and receipts are assumed to be paid or received respectively, as shown on the attached schedules.
Purchase prices on investments are assumed to be at fair market value, representing an arm's length transaction.
During the period between November 22, 2022 and December 31, 2024, the District made periodic payments into the Sinking Fund and Interest Account that were used, along with the interest earned, to provide the required debt service payments.
Under Section 148(f)(4)(A), the rebate requirement does not apply to amounts in certain bona fide debt service funds. The Regulations define a bona fide debt service fund as one that is used primarily to achieve a proper matching of revenues with principal and interest payments within each bond year. The fund must be depleted at least once each bond year, except for a reasonable carryover amount not to exceed the greater of the earnings on the fund for the immediately preceding bond year or 1/12th of the principal and interest payments on the issue for the immediately preceding bond year.
We have reviewed the Sinking Fund and Interest Account and have determined that the funds deposited have functioned as a bona fide debt service fund and are not subject to the rebate requirement.

DEFINITIONS

Computation Date
June 15, 2027.

Computation Period
The period beginning on November 22, 2022, the date of the closing, and ending on December 31, 2024.

Bond Year
Each one-year period (or shorter period from the date of issue) that ends at the close of business on the day in the calendar year that is selected by the Issuer. If no day is selected by the Issuer before the earlier of the final maturity date of the issue or the date that is five years after the date of issue, each bond year ends at the close of business on the anniversary date of the issuance.

Bond Yield
The discount rate that, when used in computing the present value of all the unconditionally payable payments of principal and interest with respect to the Bonds, produces an amount equal to the present value of the issue price of the Bonds. Present value is computed as of the date of issue of the Bonds.

Taxable Investment Yield
The discount rate that, when used in computing the present value of all receipts of principal and interest to be received on an investment during the Computation Period, produces an amount equal to the fair market value of the investment at the time it became a nonpurpose investment.

Issue Price
The price determined on the basis of the initial offering price at which price a substantial amount of the Bonds was sold.

Rebatable Arbitrage
The Code defines the required rebate as the excess of the amount earned on all nonpurpose investments over the amount that would have been earned if such nonpurpose investments were invested at the Bond Yield, plus any income attributable to the excess. Accordingly, the Regulations require that this amount be computed as the excess of the future value of all the nonpurpose receipts over the future value of all the nonpurpose payments. The future value is computed as of the Computation Date using the Bond Yield.

Funds and Accounts
The Funds and Accounts activity used in the compilation of this Report was received from the District and US Bank, Trustee, as follows:

Fund	Account Number	
Revenue	235968000	
Interest	235968001	
Sinking Fund	235968002	
Prepayment	235968003	
Debt Service Reserve	235968004	
Acquisition & Construction	235968005	
Costs of Issuance	235968006	

METHODOLOGY

Bond Yield
The methodology used to calculate the bond yield was to determine the discount rate that produces the present value of all payments of principal and interest through the maturity date of the Bonds.

Investment Yield and Rebate Amount
The methodology used to calculate the Rebatable Arbitrage, as of December 31, 2024, was to calculate the future value of the disbursements from all funds, subject to rebate, and the value of the remaining bond proceeds, at the yield on the Bonds, to June 15, 2027. This figure was then compared to the future value of the deposit of bond proceeds into the various investment accounts at the same yield. The difference between the future values of the two cash flows, on June 15, 2027, is the Rebatable Arbitrage.

$1,835,000
Westside Community Development District (Osceola County, Florida)
Special Assessment Revenue Bonds, Series 2022-1 (Assessment Area One)
Delivered: November 22, 2022

Sources of Funds

Par Amount	$1,835,000.00	
Totals	$1,835,000.00	

Uses of Funds

Acquisition & Construction Fund	$1,499,294.27	
Debt Service Reserve Fund	124,025.00	
Capitalized Interest Fund	107,133.42	
Costs of Issuance Account	67,847.31	
Underwriter’s Discount	36,700.00	
Total	$1,835,000.00	

PROOF OF ARBITRAGE YIELD
$1,835,000
Westside Community Development District (Osceola County, Florida)
Special Assessment Revenue Bonds, Series 2022-1 (Assessment Area One)

Date	

Debt Service	Present Value to 11/22/2022
@ 6.2004069580%	
05/01/2023	50,248.42	48,911.37	
11/01/2023	56,885.00	53,706.35	
05/01/2024	56,885.00	52,091.41	
11/01/2024	56,885.00	50,525.03	
05/01/2025	56,885.00	49,005.76	
11/01/2025	56,885.00	47,532.16	
05/01/2026	56,885.00	46,102.88	
11/01/2026	56,885.00	44,716.57	
05/01/2027	56,885.00	43,371.96	
11/01/2027	56,885.00	42,067.77	
05/01/2028	56,885.00	40,802.80	
11/01/2028	56,885.00	39,575.87	
05/01/2029	56,885.00	38,385.83	
11/01/2029	56,885.00	37,231.57	
05/01/2030	56,885.00	36,112.03	
11/01/2030	56,885.00	35,026.15	
05/01/2031	56,885.00	33,972.92	
11/01/2031	56,885.00	32,951.36	
05/01/2032	56,885.00	31,960.52	
11/01/2032	56,885.00	30,999.47	
05/01/2033	56,885.00	30,067.32	
11/01/2033	56,885.00	29,163.20	
05/01/2034	56,885.00	28,286.27	
11/01/2034	56,885.00	27,435.71	
05/01/2035	56,885.00	26,610.72	
11/01/2035	56,885.00	25,810.54	
05/01/2036	56,885.00	25,034.42	
11/01/2036	56,885.00	24,281.64	
05/01/2037	56,885.00	23,551.50	
11/01/2037	56,885.00	22,843.31	
05/01/2038	56,885.00	22,156.42	
11/01/2038	56,885.00	21,490.18	
05/01/2039	191,885.00	70,311.07	
11/01/2039	52,700.00	18,729.83	
05/01/2040	197,700.00	68,150.70	
11/01/2040	48,205.00	16,117.45	
05/01/2041	203,205.00	65,899.03	
11/01/2041	43,400.00	13,651.33	
05/01/2042	208,400.00	63,580.40	
11/01/2042	38,285.00	11,329.08	
05/01/2043	213,285.00	61,216.27	
11/01/2043	32,860.00	9,147.76	
05/01/2044	217,860.00	58,825.41	
11/01/2044	27,125.00	7,103.91	
05/01/2045	227,125.00	57,694.36	
11/01/2045	20,925.00	5,155.54	
05/01/2046	230,925.00	55,184.91	
11/01/2046	14,415.00	3,341.22	
05/01/2047	239,415.00	53,824.71	
11/01/2047	7,440.00	1,622.35	
05/01/2048	247,440.00	52,333.67	
	4,276,278.42	1,835,000.00	

PROOF OF ARBITRAGE YIELD
$1,835,000
Westside Community Development District (Osceola County, Florida)
Special Assessment Revenue Bonds, Series 2022-1 (Assessment Area One)

Proceeds Summary		

Delivery date	
11/22/2022	
Par Value	1,835,000.00	
Target for yield calculation	1,835,000.00	

BOND DEBT SERVICE
$1,835,000
Westside Community Development District (Osceola County, Florida)
Special Assessment Revenue Bonds, Series 2022-1 (Assessment Area One)

Period Ending	Principal	Coupon	Interest	Debt Service	Annual Debt Service	
11/22/2022						
05/01/2023			50,248.42	50,248.42	50,248.42	
11/01/2023			56,885.00	56,885.00		
05/01/2024			56,885.00	56,885.00	113,770.00	
11/01/2024			56,885.00	56,885.00		
05/01/2025			56,885.00	56,885.00	113,770.00	
11/01/2025			56,885.00	56,885.00		
05/01/2026			56,885.00	56,885.00	113,770.00	
11/01/2026			56,885.00	56,885.00		
05/01/2027			56,885.00	56,885.00	113,770.00	
11/01/2027			56,885.00	56,885.00		
05/01/2028			56,885.00	56,885.00	113,770.00	
11/01/2028			56,885.00	56,885.00		
05/01/2029			56,885.00	56,885.00	113,770.00	
11/01/2029			56,885.00	56,885.00		
05/01/2030			56,885.00	56,885.00	113,770.00	
11/01/2030			56,885.00	56,885.00		
05/01/2031			56,885.00	56,885.00	113,770.00	
11/01/2031			56,885.00	56,885.00		
05/01/2032			56,885.00	56,885.00	113,770.00	
11/01/2032			56,885.00	56,885.00		
05/01/2033			56,885.00	56,885.00	113,770.00	
11/01/2033			56,885.00	56,885.00		
05/01/2034			56,885.00	56,885.00	113,770.00	
11/01/2034			56,885.00	56,885.00		
05/01/2035			56,885.00	56,885.00	113,770.00	
11/01/2035			56,885.00	56,885.00		
05/01/2036			56,885.00	56,885.00	113,770.00	
11/01/2036			56,885.00	56,885.00		
05/01/2037			56,885.00	56,885.00	113,770.00	
11/01/2037			56,885.00	56,885.00		
05/01/2038			56,885.00	56,885.00	113,770.00	
11/01/2038			56,885.00	56,885.00		
05/01/2039	135,000	6.200%	56,885.00	191,885.00	248,770.00	
11/01/2039			52,700.00	52,700.00		
05/01/2040	145,000	6.200%	52,700.00	197,700.00	250,400.00	
11/01/2040			48,205.00	48,205.00		
05/01/2041	155,000	6.200%	48,205.00	203,205.00	251,410.00	
11/01/2041			43,400.00	43,400.00		
05/01/2042	165,000	6.200%	43,400.00	208,400.00	251,800.00	
11/01/2042			38,285.00	38,285.00		
05/01/2043	175,000	6.200%	38,285.00	213,285.00	251,570.00	
11/01/2043			32,860.00	32,860.00		
05/01/2044	185,000	6.200%	32,860.00	217,860.00	250,720.00	
11/01/2044			27,125.00	27,125.00		
05/01/2045	200,000	6.200%	27,125.00	227,125.00	254,250.00	
11/01/2045			20,925.00	20,925.00		
05/01/2046	210,000	6.200%	20,925.00	230,925.00	251,850.00	
11/01/2046			14,415.00	14,415.00		
05/01/2047	225,000	6.200%	14,415.00	239,415.00	253,830.00	
11/01/2047			7,440.00	7,440.00		
05/01/2048	240,000	6.200%	7,440.00	247,440.00	254,880.00	
	1,835,000		2,441,278.42	4,276,278.42	4,276,278.42	

ARBITRAGE REBATE CALCULATION DETAIL REPORT
FUTURE VALUE @
RECEIPTS	BOND YIELD OF
DATE	DESCRIPTION	(PAYMENTS)	(6.200407%)

11/22/22	Beg	Bal	-1,499,294.27	-1,981,147.70	
04/21/23			-1,918.99	-2,472.45	
05/02/23			-3.87	-4.98	
12/31/24	Bal		1,643,461.03	1,909,642.46	
12/31/24	Acc		6,316.08	7,339.06	
06/15/27	TOTALS:	148,559.98	-66,643.61	

ISSUE DATE:	11/22/22	
REBATABLE ARBITRAGE:	
-66,643.61	
COMP DATE:	06/15/27	NET INCOME:	148,559.98	
BOND YIELD: 6.200407%	TAX INV YIELD:	4.527360%	

ARBITRAGE REBATE CALCULATION DETAIL REPORT
FUTURE VALUE @
RECEIPTS	BOND YIELD OF
DATE	DESCRIPTION	(PAYMENTS)	(6.200407%)

11/22/22	Beg	Bal	-124,025.00	-163,885.00	
03/02/23			763.08	991.37	
04/04/23			301.77	389.93	
05/02/23			376.49	484.17	
06/02/23			389.74	498.66	
07/05/23			387.37	492.87	
08/02/23			451.41	571.72	
09/05/23			563.55	709.77	
10/03/23			545.37	683.62	
11/02/23			563.63	703.04	
12/04/23			541.46	671.73	
01/03/24			556.48	686.97	
02/02/24			551.51	677.50	
03/04/24			516.00	630.44	
04/02/24			551.73	670.91	
05/02/24			533.79	645.80	
06/04/24			551.58	663.71	
07/02/24			533.79	639.26	
08/02/24			551.26	656.83	
09/04/24			551.16	653.15	
10/02/24			513.05	605.11	
11/04/24			498.63	584.92	
12/03/24			463.19	540.68	
12/31/24	Bal		124,025.00	144,112.58	
12/31/24	Acc		478.63	556.15	
06/15/27	TOTALS:	11,734.67	-5,364.14	

ISSUE DATE:	11/22/22	
REBATABLE ARBITRAGE:	
-5,364.14	
COMP DATE:	06/15/27	NET INCOME:	11,734.67	
BOND YIELD: 6.200407%	TAX INV YIELD:	4.505992%	

ARBITRAGE REBATE CALCULATION DETAIL REPORT
FUTURE VALUE @
RECEIPTS	BOND YIELD OF
DATE	DESCRIPTION	(PAYMENTS)	(6.200407%)

11/22/22	Beg	Bal	-107,133.42	-141,564.69	
03/02/23			659.15	856.34	
04/04/23			260.67	336.82	
05/01/23			50,248.42	64,630.84	
05/02/23			325.22	418.24	
06/02/23			178.76	228.72	
07/05/23			177.67	226.06	
08/02/23			207.05	262.23	
09/05/23			258.48	325.54	
10/03/23			250.14	313.55	
11/01/23			56,885.00	70,966.87	
11/02/23			258.51	322.45	
06/15/27	TOTALS:	2,575.65	-2,677.03	

ISSUE DATE:	11/22/22	
REBATABLE ARBITRAGE:	
-2,677.03	
COMP DATE:	06/15/27	NET INCOME:	2,575.65	
BOND YIELD: 6.200407%	TAX INV YIELD:	3.410197%	

ARBITRAGE REBATE CALCULATION DETAIL REPORT
FUTURE VALUE @
RECEIPTS	BOND YIELD OF
DATE	DESCRIPTION	(PAYMENTS)	(6.200407%)

11/22/22	Beg	Bal	-67,847.31	-89,652.54	
11/22/22			4,415.30	5,834.32	
11/22/22			14,128.97	18,669.83	
11/22/22			16,778.15	22,170.43	
11/22/22			2,295.96	3,033.85	
11/22/22			794.76	1,050.19	
11/28/22			3,115.00	4,111.93	
12/01/22			28.70	37.87	
12/01/22			14,835.42	19,573.43	
03/14/23			4,335.21	5,620.69	
03/28/23			5,298.36	6,853.14	
04/21/23			1,918.99	2,472.45	
05/02/23			3.87	4.98	
06/15/27	TOTALS:	101.38	-219.44	

ISSUE DATE:	11/22/22	
REBATABLE ARBITRAGE:	
-219.44	
COMP DATE:	06/15/27	NET INCOME:	101.38	
BOND YIELD: 6.200407%	TAX INV YIELD:	2.313982%	

	ARBITRAGE REBATE CALCULATION DETAIL REPORT		
	
RECEIPTS	FUTURE VALUE @ BOND YIELD OF	
DATE	DESCRIPTION	(PAYMENTS)	(6.200407%)	
06/15/23	-1,960.00	-2,502.26	
06/15/24	-2,070.00	-2,486.15	
06/15/27	TOTALS:	-4,030.00	-4,988.41	

ISSUE DATE:	11/22/22	REBATABLE ARBITRAGE: -4,988.41 COMP DATE:	06/15/27
BOND YIELD: 6.200407%

REBATE REPORT
$3,360,000
Westside Community Development District
(Osceola County, Florida)
Special Assessment Revenue Bonds, Series 2022-2 (Assessment Area Two)

Dated: November 22, 2022
Delivered: November 22, 2022

Rebate Report to the Computation Date June 15, 2027
Reflecting Activity To December 31, 2024

TABLE OF CONTENTS

AMTEC Opinion	3	
Summary of Rebate Computations	4	
Summary of Computational Information and Definitions	5	
Methodology	7	
Sources and Uses	8	
Proof of Arbitrage Yield	9	
Bond Debt Service	11	
Arbitrage Rebate Calculation Detail Report – Acquisition & Construction Fund	13	
Arbitrage Rebate Calculation Detail Report – Debt Service Reserve Fund	14	
Arbitrage Rebate Calculation Detail Report – Capitalized Interest Fund	15	
Arbitrage Rebate Calculation Detail Report – Costs of Issuance Account	16	
Arbitrage Rebate Calculation Detail Report – Rebate Computation Credits	17	

February 14, 2025

Westside Community Development District c/o Ms. Katie Costa
Director of Operations – Accounting Division Government Management Services – CF, LLC 6200 Lee Vista Boulevard, Suite 300
Orlando, FL 32822

Re:	$3,360,000 Westside Community Development District (Osceola County, Florida), Special
Assessment Revenue Bonds, Series 2022-2 (Assessment Area Two)	

Dear Ms. Costa:
AMTEC has prepared certain computations relating to the above referenced bond issue (the “Bonds”) at the request of the Westside Community Development District (the “District”).
The scope of our engagement consisted of preparing the computations shown in the attached schedules to determine the Rebatable Arbitrage as described in Section 103 of the Internal Revenue Code of 1954, Section 148(f) of the Internal Revenue Code of 1986, as amended (the "Code"), and all applicable Regulations issued thereunder. The methodology used is consistent with current tax law and regulations and may be relied upon in determining the rebate liability. Certain computational methods used in the preparation of the schedules are described in the Summary of Computational Information and Definitions.

Our engagement was limited to the computation of Rebatable Arbitrage based upon the information furnished to us by the District. In accordance with the terms of our engagement, we did not audit the information provided to us, and we express no opinion as to the completeness, accuracy or suitability of such information for purposes of calculating the Rebatable Arbitrage.

We have scheduled our next Report as of June 30, 2025. Thank you and should you have any questions, please do not hesitate to contact us.

Very truly yours,

Michael J. Scarfo
Senior Vice President	Trong M. Tran
Assistant Vice President	

SUMMARY OF REBATE COMPUTATIONS
Our computations, contained in the attached schedules, are summarized as follows: For the June 15, 2027 Computation Date
Reflecting Activity from November 22, 2022 through December 31, 2024

Fund Description	Taxable Inv Yield	Net Income	Rebatable Arbitrage	
Acquisition & Construction Fund	3.357646%	74,572.04	(71,014.37)	
Debt Service Reserve Fund	4.499217%	11,410.18	(4,281.21)	
Capitalized Interest Fund	3.410174%	4,436.78	(4,072.11)	
Costs of Issuance Account	2.299615%	106.40	(212.40)	
Totals	3.467079%	$90,525.40	$(79,580.09)	
Bond Yield	5.902164%		
Rebate Computation Credits	(4,938.10)	
Net Rebatable Arbitrage	$(84,518.19)	

Based upon our computations, no rebate liability exists.

SUMMARY OF COMPUTATIONAL INFORMATION AND DEFINITIONS
COMPUTATIONAL INFORMATION

For purposes of computing Rebatable Arbitrage, investment activity is reflected from November 22, 2022, the date of the closing, to December 31, 2024, the Computation Period. All nonpurpose payments and receipts are future valued to the Computation Date of June 15, 2027.

Computations of yield are based on a 360-day year and semiannual compounding on the last day of each compounding interval. Compounding intervals end on a day in the calendar year corresponding to Bond maturity dates or six months prior.

For investment cash flow, debt service and yield computation purposes, all payments and receipts are assumed to be paid or received respectively, as shown on the attached schedules.
Purchase prices on investments are assumed to be at fair market value, representing an arm's length transaction.
During the period between November 22, 2022 and December 31, 2024, the District made periodic payments into the Sinking Fund and Interest Account that were used, along with the interest earned, to provide the required debt service payments.
Under Section 148(f)(4)(A), the rebate requirement does not apply to amounts in certain bona fide debt service funds. The Regulations define a bona fide debt service fund as one that is used primarily to achieve a proper matching of revenues with principal and interest payments within each bond year. The fund must be depleted at least once each bond year, except for a reasonable carryover amount not to exceed the greater of the earnings on the fund for the immediately preceding bond year or 1/12th of the principal and interest payments on the issue for the immediately preceding bond year.
We have reviewed the Sinking Fund and Interest Account and have determined that the funds deposited have functioned as a bona fide debt service fund and are not subject to the rebate requirement.

DEFINITIONS

Computation Date
June 15, 2027.

Computation Period
The period beginning on November 22, 2022, the date of the closing, and ending on December 31, 2024.

Bond Year
Each one-year period (or shorter period from the date of issue) that ends at the close of business on the day in the calendar year that is selected by the Issuer. If no day is selected by the Issuer before the earlier of the final maturity date of the issue or the date that is five years after the date of issue, each bond year ends at the close of business on the anniversary date of the issuance.

Bond Yield
The discount rate that, when used in computing the present value of all the unconditionally payable payments of principal and interest with respect to the Bonds, produces an amount equal to the present value of the issue price of the Bonds. Present value is computed as of the date of issue of the Bonds.

Taxable Investment Yield
The discount rate that, when used in computing the present value of all receipts of principal and interest to be received on an investment during the Computation Period, produces an amount equal to the fair market value of the investment at the time it became a nonpurpose investment.

Issue Price
The price determined on the basis of the initial offering price at which price a substantial amount of the Bonds was sold.

Rebatable Arbitrage
The Code defines the required rebate as the excess of the amount earned on all nonpurpose investments over the amount that would have been earned if such nonpurpose investments were invested at the Bond Yield, plus any income attributable to the excess. Accordingly, the Regulations require that this amount be computed as the excess of the future value of all the nonpurpose receipts over the future value of all the nonpurpose payments. The future value is computed as of the Computation Date using the Bond Yield.

Funds and Accounts
The Funds and Accounts activity used in the compilation of this Report was received from the District and US Bank, Trustee, as follows:

Fund	Account Number	
Revenue	248506000	
Interest	248506001	
Sinking Fund	248506002	
Prepayment	248506003	
Debt Service Reserve	248506004	
Acquisition & Construction	248506005	
Costs of Issuance	248506006	

METHODOLOGY

Bond Yield
The methodology used to calculate the bond yield was to determine the discount rate that produces the present value of all payments of principal and interest through the maturity date of the Bonds.

Investment Yield and Rebate Amount
The methodology used to calculate the Rebatable Arbitrage, as of December 31, 2024, was to calculate the future value of the disbursements from all funds, subject to rebate, and the value of the remaining bond proceeds, at the yield on the Bonds, to June 15, 2027. This figure was then compared to the future value of the deposit of bond proceeds into the various investment accounts at the same yield. The difference between the future values of the two cash flows, on June 15, 2027, is the Rebatable Arbitrage.

$3,360,000
Westside Community Development District (Osceola County, Florida)
Special Assessment Revenue Bonds, Series 2022-2 (Assessment Area Two)
Delivered: November 22, 2022

Sources of Funds

Par Amount	$3,360,000.00	
Totals	$3,360,000.00	

Uses of Funds

Acquisition & Construction Fund	$2,863,235.73	
Debt Service Reserve Fund	120,783.75	
Capitalized Interest Fund	184,547.83	
Costs of Issuance Account	124,232.69	
Underwriter’s Discount	67,200.00	
Total	$3,360,000.00	

PROOF OF ARBITRAGE YIELD
$3,360,000
Westside Community Development District (Osceola County, Florida)
Special Assessment Revenue Bonds, Series 2022-2 (Assessment Area Two)

Date	

Debt Service	Present Value to 11/22/2022
@ 5.9021641407%	
05/01/2023	86,557.83	84,362.42	
11/01/2023	97,990.00	92,767.00	
05/01/2024	142,990.00	131,488.12	
11/01/2024	96,808.75	86,469.82	
05/01/2025	141,808.75	123,033.13	
11/01/2025	95,627.50	80,588.10	
05/01/2026	145,627.50	119,206.68	
11/01/2026	94,315.00	74,990.64	
05/01/2027	144,315.00	111,456.87	
11/01/2027	93,002.50	69,768.45	
05/01/2028	148,002.50	107,845.64	
11/01/2028	91,558.75	64,804.10	
05/01/2029	151,558.75	104,196.40	
11/01/2029	89,983.75	60,090.37	
05/01/2030	149,983.75	97,286.84	
11/01/2030	88,408.75	55,702.44	
05/01/2031	153,408.75	93,885.42	
11/01/2031	86,702.50	51,540.51	
05/01/2032	156,702.50	90,481.99	
11/01/2032	84,865.00	47,597.47	
05/01/2033	154,865.00	84,367.98	
11/01/2033	82,835.00	43,833.62	
05/01/2034	157,835.00	81,127.08	
11/01/2034	80,660.00	40,270.76	
05/01/2035	160,660.00	77,912.74	
11/01/2035	78,340.00	36,902.29	
05/01/2036	163,340.00	74,736.27	
11/01/2036	75,875.00	33,721.48	
05/01/2037	165,875.00	71,607.41	
11/01/2037	73,265.00	30,721.52	
05/01/2038	168,265.00	68,534.46	
11/01/2038	70,510.00	27,895.56	
05/01/2039	170,510.00	65,524.43	
11/01/2039	67,610.00	25,236.75	
05/01/2040	172,610.00	62,583.16	
11/01/2040	64,565.00	22,738.29	
05/01/2041	179,565.00	61,425.88	
11/01/2041	61,230.00	20,345.25	
05/01/2042	181,230.00	58,492.20	
11/01/2042	57,750.00	18,104.60	
05/01/2043	182,750.00	55,649.78	
11/01/2043	54,000.00	15,972.35	
05/01/2044	189,000.00	54,300.78	
11/01/2044	49,950.00	13,939.55	
05/01/2045	194,950.00	52,845.21	
11/01/2045	45,600.00	12,006.50	
05/01/2046	200,600.00	51,304.03	
11/01/2046	40,950.00	10,172.87	
05/01/2047	200,950.00	48,489.39	
11/01/2047	36,150.00	8,472.98	
05/01/2048	206,150.00	46,933.21	
11/01/2048	31,050.00	6,866.38	
05/01/2049	216,050.00	46,407.63	
11/01/2049	25,500.00	5,320.40	
05/01/2050	220,500.00	44,687.07	
11/01/2050	19,650.00	3,868.16	
05/01/2051	224,650.00	42,955.41	

PROOF OF ARBITRAGE YIELD
$3,360,000
Westside Community Development District (Osceola County, Florida)
Special Assessment Revenue Bonds, Series 2022-2 (Assessment Area Two)

Date	

Debt Service	Present Value to 11/22/2022
@ 5.9021641407%	
11/01/2051	13,500.00	2,507.35	
05/01/2052	233,500.00	42,124.67	
11/01/2052	6,900.00	1,209.12	
05/01/2053	236,900.00	40,323.00	
	7,356,862.83	3,360,000.00	
	
Proceeds Summary		

Delivery date	11/22/2022	
Par Value	3,360,000.00	
Target for yield calculation	3,360,000.00	

BOND DEBT SERVICE
$3,360,000
Westside Community Development District (Osceola County, Florida)
Special Assessment Revenue Bonds, Series 2022-2 (Assessment Area Two)

Period Ending	Principal	Coupon	Interest	Debt Service	Annual Debt Service	
11/22/2022						
05/01/2023			86,557.83	86,557.83	86,557.83	
11/01/2023			97,990.00	97,990.00		
05/01/2024	45,000	5.250%	97,990.00	142,990.00	240,980.00	
11/01/2024			96,808.75	96,808.75		
05/01/2025	45,000	5.250%	96,808.75	141,808.75	238,617.50	
11/01/2025			95,627.50	95,627.50		
05/01/2026	50,000	5.250%	95,627.50	145,627.50	241,255.00	
11/01/2026			94,315.00	94,315.00		
05/01/2027	50,000	5.250%	94,315.00	144,315.00	238,630.00	
11/01/2027			93,002.50	93,002.50		
05/01/2028	55,000	5.250%	93,002.50	148,002.50	241,005.00	
11/01/2028			91,558.75	91,558.75		
05/01/2029	60,000	5.250%	91,558.75	151,558.75	243,117.50	
11/01/2029			89,983.75	89,983.75		
05/01/2030	60,000	5.250%	89,983.75	149,983.75	239,967.50	
11/01/2030			88,408.75	88,408.75		
05/01/2031	65,000	5.250%	88,408.75	153,408.75	241,817.50	
11/01/2031			86,702.50	86,702.50		
05/01/2032	70,000	5.250%	86,702.50	156,702.50	243,405.00	
11/01/2032			84,865.00	84,865.00		
05/01/2033	70,000	5.800%	84,865.00	154,865.00	239,730.00	
11/01/2033			82,835.00	82,835.00		
05/01/2034	75,000	5.800%	82,835.00	157,835.00	240,670.00	
11/01/2034			80,660.00	80,660.00		
05/01/2035	80,000	5.800%	80,660.00	160,660.00	241,320.00	
11/01/2035			78,340.00	78,340.00		
05/01/2036	85,000	5.800%	78,340.00	163,340.00	241,680.00	
11/01/2036			75,875.00	75,875.00		
05/01/2037	90,000	5.800%	75,875.00	165,875.00	241,750.00	
11/01/2037			73,265.00	73,265.00		
05/01/2038	95,000	5.800%	73,265.00	168,265.00	241,530.00	
11/01/2038			70,510.00	70,510.00		
05/01/2039	100,000	5.800%	70,510.00	170,510.00	241,020.00	
11/01/2039			67,610.00	67,610.00		
05/01/2040	105,000	5.800%	67,610.00	172,610.00	240,220.00	
11/01/2040			64,565.00	64,565.00		
05/01/2041	115,000	5.800%	64,565.00	179,565.00	244,130.00	
11/01/2041			61,230.00	61,230.00		
05/01/2042	120,000	5.800%	61,230.00	181,230.00	242,460.00	
11/01/2042			57,750.00	57,750.00		
05/01/2043	125,000	6.000%	57,750.00	182,750.00	240,500.00	
11/01/2043			54,000.00	54,000.00		
05/01/2044	135,000	6.000%	54,000.00	189,000.00	243,000.00	
11/01/2044			49,950.00	49,950.00		
05/01/2045	145,000	6.000%	49,950.00	194,950.00	244,900.00	
11/01/2045			45,600.00	45,600.00		
05/01/2046	155,000	6.000%	45,600.00	200,600.00	246,200.00	
11/01/2046			40,950.00	40,950.00		
05/01/2047	160,000	6.000%	40,950.00	200,950.00	241,900.00	
11/01/2047			36,150.00	36,150.00		
05/01/2048	170,000	6.000%	36,150.00	206,150.00	242,300.00	
11/01/2048			31,050.00	31,050.00		
05/01/2049	185,000	6.000%	31,050.00	216,050.00	247,100.00	
11/01/2049			25,500.00	25,500.00		
05/01/2050	195,000	6.000%	25,500.00	220,500.00	246,000.00	
11/01/2050			19,650.00	19,650.00		
05/01/2051	205,000	6.000%	19,650.00	224,650.00	244,300.00	

BOND DEBT SERVICE
$3,360,000
Westside Community Development District (Osceola County, Florida)
Special Assessment Revenue Bonds, Series 2022-2 (Assessment Area Two)

Period Ending	Principal	Coupon	Interest	Debt Service	Annual Debt Service	
11/01/2051			13,500.00	13,500.00		
05/01/2052	220,000	6.000%	13,500.00	233,500.00	247,000.00	
11/01/2052			6,900.00	6,900.00		
05/01/2053	230,000	6.000%	6,900.00	236,900.00	243,800.00	
	3,360,000		3,996,862.83	7,356,862.83	7,356,862.83	

ARBITRAGE REBATE CALCULATION DETAIL REPORT
FUTURE VALUE @
RECEIPTS	BOND YIELD OF
DATE	DESCRIPTION	(PAYMENTS)	(5.902164%)

11/22/22	Beg	Bal	-2,863,235.73	-3,733,784.91	
04/21/23			-3,434.73	-4,372.49	
05/02/23			-6.94	-8.82	
08/29/23			2,928,885.72	3,652,220.94	
11/10/23			838.50	1,033.65	
11/17/23			78.20	96.29	
01/04/24			1,397.50	1,707.79	
02/07/24			258.00	313.61	
02/21/24			1,870.00	2,267.91	
02/21/24			1,980.00	2,401.32	
04/02/24			4,090.50	4,928.16	
07/12/24			1,170.00	1,387.00	
10/09/24			605.00	707.20	
10/29/24			22.50	26.22	
11/04/24			0.92	1.07	
12/31/24	Bal		52.41	60.47	
12/31/24	Acc		0.19	0.22	
06/15/27	TOTALS:	74,572.04	-71,014.37	

ISSUE DATE:	11/22/22	
REBATABLE ARBITRAGE:	
-71,014.37	
COMP DATE:	06/15/27	NET INCOME:	74,572.04	
BOND YIELD: 5.902164%	TAX INV YIELD:	3.357646%	

ARBITRAGE REBATE CALCULATION DETAIL REPORT
FUTURE VALUE @
RECEIPTS	BOND YIELD OF
DATE	DESCRIPTION	(PAYMENTS)	(5.902164%)

11/22/22	Beg	Bal	-120,783.75	-157,507.30	
03/02/23			743.14	953.55	
04/04/23			293.89	375.16	
05/02/23			366.65	465.93	
06/02/23			379.56	480.00	
07/05/23			377.24	474.53	
08/02/23			439.61	550.58	
09/05/23			548.82	683.70	
10/03/23			531.12	658.66	
11/02/23			548.90	677.53	
12/04/23			527.31	647.52	
01/03/24			541.94	662.38	
02/02/24			537.09	653.38	
03/04/24			502.52	608.17	
04/02/24			537.31	647.34	
05/02/24			519.84	623.26	
06/04/24			537.17	640.72	
07/02/24			519.84	617.25	
08/02/24			536.85	634.37	
09/04/24			536.76	630.99	
10/02/24			499.65	584.71	
11/04/24			485.60	565.34	
12/03/24			451.08	522.70	
12/31/24	Bal		120,783.75	139,351.14	
12/31/24	Acc		448.29	517.20	
06/15/27	TOTALS:	11,410.18	-4,281.21	

ISSUE DATE:	11/22/22	
REBATABLE ARBITRAGE:	
-4,281.21	
COMP DATE:	06/15/27	NET INCOME:	11,410.18	
BOND YIELD: 5.902164%	TAX INV YIELD:	4.499217%	

ARBITRAGE REBATE CALCULATION DETAIL REPORT
FUTURE VALUE @
RECEIPTS	BOND YIELD OF
DATE	DESCRIPTION	(PAYMENTS)	(5.902164%)

11/22/22	Beg	Bal	-184,547.83	-240,658.46	
03/02/23			1,135.45	1,456.94	
04/04/23			449.03	573.20	
05/01/23			86,557.83	110,012.30	
05/02/23			560.22	711.91	
06/02/23			307.93	389.41	
07/05/23			306.05	384.98	
08/02/23			356.65	446.67	
09/05/23			445.25	554.67	
10/03/23			430.89	534.36	
11/01/23			97,990.00	120,972.24	
11/02/23			445.31	549.66	
06/15/27	TOTALS:	4,436.78	-4,072.11	

ISSUE DATE:	11/22/22	
REBATABLE ARBITRAGE:	
-4,072.11	
COMP DATE:	06/15/27	NET INCOME:	4,436.78	
BOND YIELD: 5.902164%	TAX INV YIELD:	3.410174%	

ARBITRAGE REBATE CALCULATION DETAIL REPORT
FUTURE VALUE @
RECEIPTS	BOND YIELD OF
DATE	DESCRIPTION	(PAYMENTS)	(5.902164%)

11/22/22	Beg	Bal	-124,232.69	-162,004.87	
11/22/22			9,701.64	12,651.36	
11/22/22			8,084.70	10,542.80	
11/22/22			25,871.03	33,736.96	
11/22/22			30,721.85	40,062.64	
11/22/22			4,204.04	5,482.25	
11/22/22			1,455.24	1,897.70	
11/28/22			5,785.00	7,536.58	
12/01/22			-28.70	-37.37	
12/01/22			27,164.58	35,372.33	
03/14/23			7,938.04	10,165.91	
04/21/23			3,434.73	4,372.49	
05/02/23			6.94	8.82	
06/15/27	TOTALS:	106.40	-212.40	

ISSUE DATE:	11/22/22	
REBATABLE ARBITRAGE:	
-212.40	
COMP DATE:	06/15/27	NET INCOME:	106.40	
BOND YIELD: 5.902164%	TAX INV YIELD:	2.299615%	

	ARBITRAGE REBATE CALCULATION DETAIL REPORT		
	
RECEIPTS	FUTURE VALUE @ BOND YIELD OF	
DATE	DESCRIPTION	(PAYMENTS)	(5.902164%)	
06/15/23	-1,960.00	-2,473.45	
06/15/24	-2,070.00	-2,464.65	
06/15/27	TOTALS:	-4,030.00	-4,938.10	

ISSUE DATE:	11/22/22	REBATABLE ARBITRAGE: -4,938.10 COMP DATE:	06/15/27
BOND YIELD: 5.902164%

Section XII

From: Sarah Donini Rodriguez SRodriguez@shutts.com 
Subject: RE: Westside CDD - Pond follow up. Confidential Settlement Communication
Date: March 25, 2025 at 4:30 PM
To: Jan Carpenter JCarpenter@lathamluna.com
Cc: Jay Lazarovich jlazarovich@lathamluna.com, Daniel Coultoff coultoff@lathamluna.com, Chuck Bell chuck.bell@mattamycorp.com
, Juli Simas James JJames@shutts.com

Good afternoon,
Mattamy has taken this issue seriously and continues to do so. As you may recall, Mattamy coordinated a meeting amongst the implicated parties, hosted that meeting, and has been a partner since then. That HWA has not yet provided a plan acceptable to the CDD and the authorities having jurisdiction does not mean Mattamy has failed to take some required action as suggested in the email below. To the contrary, Mattamy has acted consistent with the parties’ 4/2024 agreement since that date.
Nonetheless, Mattamy is cognizant of the upcoming hurricane season and would like to find a way for the CDD to both begin funding a remedy while the CDD retains its ability to pursue the entities responsible for this design – HWA and/or Universal. To that end, Mattamy proposes a carve-out settlement between Mattamy and the CDD, wherein Mattamy would assign to the CDD Mattamy’s claims against HWA and Universal in exchange for a release of Mattamy. Assuming the CDD is agreeable to such an arrangement, please advise the dollar value the CDD would propose for this carve-out settlement. This type of resolution would provide readily available funds to the CDD to begin working towards resolution with the designer of the CDD’s choice, but also gives the CDD freedom to pursue HWA and Universal for costs in the future. It likely represents the best and most efficient path forward for the CDD and residents.
Mattamy awaits the CDD’s response. Thank you,
Sarah Donini Rodriguez Partner | Shutts & Bowen LLP Tel: (407) 835-6904

300 South Orange Ave., Ste. 1600, Orlando, FL 32801 Bio | E-Mail | vCard | www.shutts.com

From: Jan Carpenter <JCarpenter@lathamluna.com>
Sent: Tuesday, March 18, 2025 12:23 PM
To: Sarah Donini Rodriguez <SRodriguez@shutts.com>; Christina Bredahl Gierke
<Christina.Gierke@csklegal.com>; Karl Pearson <kpearson@pdmplaw.com>; Frederick Mohre <fmohre@pdmplaw.com>; Kari L. Quigley <kquigley@pdmplaw.com>; Chuck Bell
<chuck.bell@mattamycorp.com>; shindle@hansonwalter.com; Robbie Newberry
<rnewberry@hansonwalter.com>
Cc: gflint <gflint@gmscfl.com>; Cc: Jason Showe <jshowe@gmscfl.com>; Jay Lazarovich
<jlazarovich@lathamluna.com>; Daniel Coultoff <coultoff@lathamluna.com>; Jan Carpenter <JCarpenter@lathamluna.com>
Subject: Westside CDD - Pond follow up.
EXTERNAL: This email originated from outside of the SHUTTS email system. Do not respond, click any links or open any attachments unless you trust the sender and know the content is safe.

It has been months with no word - no plans – no remedies.	We had hoped to amicably work with our developer partners and consultants. The CCD retained, at the residents’ expense, an engineering firm to review preliminary proposed plans – they indicated those plans were not sufficient for review. Since that time, we have gotten no response from anyone in this group, other than saying they would “check on” progress.”

We are being forced to recommend to our board that the Tolling Agreement be terminated and we resort to litigation to resolve these matters. We have homes at risk of flooding with another hurricane season approaching. We cannot, in good conscience, allow these delays to continue. Please so advise your clients and let us know within 7 days, if there is a reason why we should not progress in this manner.

Jan Albanese Carpenter, Esq.
201 S. Orange Avenue, Suite 1400
Orlando, Florida 32801
407-481-5800 Main
407-481-5872 Direct
jcarpenter@lathamluna.com

THE INFORMATION CONTAINED IN THIS TRANSMISSION IS ATTORNEY PRIVILEGED AND CONFIDENTIAL. IT IS INTENDED FOR THE USE OF THE INDIVIDUAL OR ENTITY NAMED ABOVE. IF THE READER OF THIS MESSAGE IS NOT THE INTENDED RECIPIENT, YOU ARE HEREBY NOTIFIED THAT ANY DISSEMINATION, DISTRIBUTION OR COPYING OF THIS COMMUNICATION IS STRICTLY PROHIBITED. IF YOU HAVE RECEIVED THIS COMMUNICATION IN ERROR, PLEASE IMMEDIATELY NOTIFY THE SENDER AT THE ABOVE ADDRESS OR AT (407) 481-5800, AND THEN DELETE THIS MESSAGE. THANK YOU.
IRS CIRCULAR 230 NOTICE: in order to comply with certain IRS regulations regarding tax advice, we inform you that, unless expressly stated otherwise, any tax advice contained in this communication (including any attachments) is not intended or written to be used, and cannot be used, for purposes of (i) avoiding penalties under the internal revenue code or (ii) promoting, marketing or recommending to another party any transaction or matter addressed herein.

Section XIII

From: Shawn Hindle SHindle@HansonWalter.com 
Subject: Re: Westside Solara Ph2 Pond 4
Date: March 27, 2025 at 7:47 AM
To: Jan Carpenter JCarpenter@lathamluna.com, Robbie Newberry RNewberry@HansonWalter.com, Jason Showe jshowe@gmscfl.com, Christina Bredahl Gierke Christina.Gierke@csklegal.com
Cc: Mark Vincutonis MVincutonis@HansonWalter.com, gflint gflint@gmscfl.com, Jay Lazarovich jlazarovich@lathamluna.com

Good morning Jan,
The approach we have taken is what best protects the infrastructure and provides relief from any future major events to alleviate the potential for flooding of homes and flooding of roadways for any extended period of time.
We are not proposing to redesign the permitted system but rather address a recovery issue with major or stacked storm events. A weir has been designed for high water overflow with said weir set at the permitted 100-year event. any runoff that creates staging of the pond higher than the 100-year event will flow over the weir and into a piped outfall to a wetland system that is part of the Davenport Creek Swamp. The flow will only occur during stacked storm events where the pond has not recovered sufficiently to prevent overtopping or on major storm events such as the multiple hurricanes the system experienced.
We have discussed this with the permitting agencies, and they are in agreement that this is a necessary and acceptable resolution and will prevent any further manual pumping of the system associated with the staging of the pond due to events that were experienced. If you are in agreement, the owner of the pond (Tract P3-A) and the owner of the landscape buffer land ( Tract-LL) must sign the application. Based upon the Property Appraiser site the Westside CDD is the owner of both tracts of land. If you or the board need to discuss the approach or the resolution any further, we would be glad to discuss.
Thank you, Shawn

From: Jan Carpenter <JCarpenter@lathamluna.com>
Sent: Wednesday, March 26, 2025 5:49 PM
To: Robbie Newberry <RNewberry@HansonWalter.com>; Jason Showe
<jshowe@gmscfl.com>; Christina Bredahl Gierke <Christina.Gierke@csklegal.com>
Cc: Shawn Hindle <SHindle@HansonWalter.com>; Mark Vincutonis
<MVincutonis@HansonWalter.com>; gflint <gflint@gmscfl.com>; Jay Lazarovich
<jlazarovich@lathamluna.com>
Subject: RE: Westside Solara Ph2 Pond 4
We want an amicable solution, but the CDD needs to know and accept a proposed remedy, prior to any work being undertaken.

Jan Albanese Carpenter, Esq.
201 S. Orange Avenue, Suite 1400
Orlando, Florida 32801
407-481-5800 Main
407-481-5872 Direct
jcarpenter@lathamluna.com

THE INFORMATION CONTAINED IN THIS TRANSMISSION IS ATTORNEY PRIVILEGED AND CONFIDENTIAL. IT IS INTENDED FOR THE USE OF THE INDIVIDUAL OR ENTITY NAMED ABOVE. IF THE READER OF THIS MESSAGE IS NOT THE INTENDED RECIPIENT, YOU ARE HEREBY NOTIFIED THAT ANY DISSEMINATION, DISTRIBUTION OR COPYING OF THIS COMMUNICATION IS STRICTLY PROHIBITED. IF YOU HAVE RECEIVED THIS COMMUNICATION IN ERROR, PLEASE IMMEDIATELY NOTIFY THE SENDER AT THE ABOVE ADDRESS OR AT (407) 481-5800, AND THEN DELETE THIS MESSAGE. THANK YOU.
IRS CIRCULAR 230 NOTICE: in order to comply with certain IRS regulations regarding tax advice, we inform you that, unless expressly stated otherwise, any tax advice contained in this communication (including any attachments) is not intended or written to be used, and cannot be used, for purposes of (i) avoiding penalties under the internal revenue code or (ii) promoting, marketing or recommending to another party any transaction or matter addressed herein.

From: Jay Lazarovich <jlazarovich@lathamluna.com>
Sent: Wednesday, March 26, 2025 5:38 PM
To: Robbie Newberry <RNewberry@HansonWalter.com>; Jason Showe
<jshowe@gmscfl.com>; Christina Bredahl Gierke <Christina.Gierke@csklegal.com>
Cc: Shawn Hindle <SHindle@HansonWalter.com>; Mark Vincutonis
<MVincutonis@HansonWalter.com>; Jan Carpenter <JCarpenter@lathamluna.com>; gflint
<gflint@gmscfl.com>
Subject: RE: Westside Solara Ph2 Pond 4

The CDD cannot sign this authorization letter. Please see attached email for more information. Counsel for HWA has been included on this email, as this pond is currently under threat of litigation.
Thanks,

Jay E. Lazarovich, Esq.
201 S. Orange Avenue, Suite 1400
Orlando, Florida 32801
407-481-5800 Main
407-481-5842 Direct
407-481-5801 Fax
jlazarovich@lathamluna.com www.lathamluna.com

The information contained in this e-mail is attorney client privileged and confidential information intended only for the use of the individual or entity named above. If the reader of this e-mail is not the intended recipient, you are hereby notified that any dissemination or copying of this communication is strictly prohibited. If you have received this email in error, please notify us immediately by telephone at 407-481- 5800 or by e-mail and delete the original and all copies of this e-mail from your computers. Thank you.

From: Robbie Newberry <RNewberry@HansonWalter.com>
Sent: Wednesday, March 26, 2025 4:38 PM
To: Jason Showe <jshowe@gmscfl.com>
Cc: Jay Lazarovich <jlazarovich@lathamluna.com>; Shawn Hindle
<SHindle@HansonWalter.com>; Mark Vincutonis <MVincutonis@HansonWalter.com>
Subject: Re: Westside Solara Ph2 Pond 4

Jason,
Please find attached authorization request.

Thank you,
Robbie Newberry, P.E. Hanson, Walter & Associates 8 Broadway, Suite 104
Kissimmee FL 34741
PH: 407-847-9433 x206
rnewberry@hansonwalter.com

From: Jason Showe <jshowe@gmscfl.com>
Sent: Wednesday, March 26, 2025 1:24 PM
To: Mark Vincutonis <MVincutonis@HansonWalter.com>
Cc: Robbie Newberry <RNewberry@HansonWalter.com>; Jay Lazarovich
<jlazarovich@lathamluna.com>
Subject: Re: Westside Solara Ph2 Pond 4
Mark,
I think it should be Chair, but am including Jay if he feels differently
Sincerely,

Jason M. Showe Senior District Manager
Governmental Management Services, Central Florida 219 E. Livingston St Orlando, FL 32801
407-841-5524 X 105 - Office
407-839-1526 - Fax
407-470-8825 - Cell
jshowe@gmscfl.com
Under Florida law, e-mail addresses 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. History.—s. 1, ch. 2006-232.

On Mar 26, 2025, at 12:47 PM, Mark Vincutonis
<mvincutonis@hansonwalter.com> wrote:
Jason,
Our office is preparing County & SFWMD modifications for the repair work we are working on for the pond and wanted to see who we should list as applicant/signing authority for the CDD tracts where the work is proposed. It should either be you as the Manager or Tom F. as the Chairman. Do you have a preference?
Sincerely,
Mark Vincutonis, P.E. Hanson, Walter & Assoc., Inc. 8 Broadway, Suite 104
Kissimmee, FL 34741
407-847-9433

Section XIV

TOLLING AGREEMENT

This Tolling Agreement (“Agreement”) is made and entered into as of this 9th day of May, 2024 (“Agreement Date”), by and between MATTAMY ORLANDO LLC, a Delaware limited liability company (“Mattamy”), HANSON, WALTER & ASSOCIATES, INC., a Florida corporation (“HWA”), UNIVERSAL ENGINEERING SCIENCES, LLC, a Florida limited liability company (“UES”), and the WESTSIDE COMMUNITY DEVELOPMENT DISTRICT, a Florida community development district (the “District” and together with Mattamy, HWA and UES, each a “Party” and collectively, the “Parties”).

WHEREAS, Mattamy is the developer of lands within the District, and constructed that certain Tract P-3A, Solara Resort Vacation Villas Replat, as described and recorded in Plat Book 28, page 66, of the Official Records of Osceola County, Florida (“Development”);

WHEREAS, part of the Development, included the design and construction of Pond #4 within the Westside Parcel M3 in Phase 2 (the “Pond”);
WHEREAS, the District is a community development district governed by Chapter 190, Florida Statutes which is responsible for financing, operating and/or maintaining certain infrastructure, including surface water management systems, water and wastewater facilities, among other improvements, pursuant to Ordinance No. 04-34 by the Board of County Commissioners of Osceola County, Florida, dated August 30, 2004 (“Ordinance”);
WHEREAS, Mattamy retained HWA and UES for engineering and design work related to certain aspects of the development within the District and the Pond;

WHEREAS, the District alleges that it suffered damages as a result of errors and omissions in the design and/or construction of the Pond, including, but not limited to, 1) defects in drainage of the Pond; and 2) costs incurred by the District for pumping, flood prevention and inspections due to the defective construction of the Pond and, Mattamy has alleged that any damages, defects, costs and claims are due to the work by UES and/or HWA (the “Dispute”);

WHEREAS, the Parties met on April 15, 2024, to discuss possible remedies to the Dispute and the Parties, while disputing liability, agreed to cooperate in the design and bidding for the of costs of a remedy;

WHEREAS, the District’s agreement to cooperate with Mattamy, HWA and UES related to the Dispute is conditioned on the execution of this Agreement by the Parties.

NOW, THEREFORE, in consideration of the mutual promises of the Parties contained in this Agreement and other good and valuable consideration, the receipt and sufficiency of which are acknowledged, the Parties agree as follows:

The time period including and extending from the Agreement Date until the date this Agreement expires in accordance with its terms (the “Tolling Period”) shall not be counted or otherwise applied in determining the time within which the District shall be required by any

applicable statute of limitations, statute of repose, laches or other time-based limitations or defenses (whether statutory, equitable, contractual or otherwise) to file a claim, action or complaint against Mattamy, HWA and/or UES with respect to any claim the District may have arising from or related in any way to the Dispute. No time that elapses during the Tolling Period may be asserted or relied upon by any Party in computing the running of time for purposes of any statute of limitations, statute of repose, laches or other time-based limitations or defenses.

Nothing in this Agreement shall revive any claim, action, complaint or defense that is or would be time barred as of the Agreement Date and nothing in this Agreement shall waive any claim, action, complaint or defense any Party may have as of the Agreement Date, including, but not limited to, any statute of limitations, statute of repose, laches or other time-based limitations or defenses.

This Agreement shall remain in force and effect until sixty (60) days after any Party provides written notice to the other Party of withdrawal from this Agreement. The District shall not commence any claim, action or complaint relating to the Dispute during the term of this Agreement without first providing at least twenty (20) days’ written notice. Other than the notice requirement of this paragraph, nothing in this Agreement shall limit or prevent the District from filing any claim, action or complaint against Mattamy, HWA and/or UES.

Nothing in this Agreement shall constitute or be construed as an admission by any Party or evidence that any claim could properly be asserted against it by any other Party or any third party or that any such claim would have any basis in law or in fact. Except as expressly provided in this Agreement with respect to time-based limitations or defenses, this Agreement is not intended to and shall not have any effect upon any defense that any Party may assert to any claim brought by any other Party or any third party. This Agreement shall not be deemed to constitute a waiver of any rights, claims or defenses of any Party as against any third party.

Notice required or permitted under this Agreement shall be in writing and shall be sent to each Party. Notice shall be deemed delivered upon personal delivery; successful delivery to the email address set forth below; as of the date of receipt after depositing in the United States mail, certified mail, return receipt requested, postage prepaid; or, as of the first business day after depositing with a nationally recognized overnight courier service, expenses prepaid. Subject to the selected delivery method, notice shall be delivered, e-mailed, and addressed as follows:

If to District:	Westside Community Development District
c/o Governmental Management Services - Central Florida, LLC
219 E. Livingston Street Orlando, Florida 32801 Attention: District Manager Telephone: (407) 841-5524 Email: jshowe@gmscfl.com

With a copy to:	Latham, Luna, Eden & Beaudine, LLP
201 South Orange Avenue, Suite 1400

Orlando, Florida 32801
Attention: Jan Albanese Carpenter, Esq. Telephone: (407) 481-5800
Email: jcarpenter@lathamluna.com

If to Mattamy:	Mattamy Orlando LLC
4901 Vineland Road, Suite 450
Orlando, Florida 32811 Attention: Nicole Swartz, Esq. Telephone: (407) 845-8191
Email: Nicole.Swartz@mattamycorp.com

With a copy to:	Shutts & Bowen LLP
300 South Orange Avenue, Suite 1600
Orlando, Florida 32801
Attention: Sarah Donini Rodriguez, Esq. Email: SRodriguez@shutts.com
If to HWA:	Hanson, Walter & Associates, Inc.
8 Broadway, Suite 104
Kissimmee, Florida 34741 Attention: Shawn Hindle Telephone: (407) 847-9433
Email: shindle@hansonwalter.com

With a copy to:	Cole Scott & Kissane
1900 Summit Tower Boulevard, Suite 400
Orlando, Florida 32810
Attention: Christina Bredahl Gierke, Esq. Email: Christina.Gierke@csklegal.com

If to UES:	Universal Engineering Sciences LLC 4205 Vineland Road, Suite L1 Orlando, Florida 32811
Attention: Benjamin Butterfield Telephone: (407) 472-7978 Email: bbutterfield@teamues.com

With a copy to:	Law Offices of Thomas H. Justice III, P.A.
1440 Gene Street,
Winter Park, Florida 32789 Attention: Tom Justice, Esq.
Email: tomjustice@justicelawfirm.com

This Agreement may be executed in counterparts. Though counterparts may lack one or more of the signatures indicated below, each counterpart shall together constitute one

Agreement, and the signing of a counterpart by a Party shall constitute the execution of this Agreement by that Party. Executed copies sent by e-mail shall be deemed to be the equivalent of signed originals.

This Agreement may not be used by any Party, or by any third party, for any purpose other than the tolling of time applicable to a claim, action or complaint by the District against Mattamy, HWA and/or UES as set forth above. Nor is this Agreement admissible in evidence in any action for any other purpose. This Agreement is not, and shall not be construed to be, an admission or indication that (i) any Party to this Agreement bears or does not bear any actual or potential liability to any other Party or any third party on any claim, action or complaint whatsoever or (ii) that there is any wrongdoing of any nature by any Party or any element or basis for any claim, action or complaint against any Party.

This Agreement is an integrated agreement containing all of the terms agreed upon each Party with respect to this Agreement. This Agreement may not be amended or modified except in writing executed by each Party. This Agreement shall be construed in all respects as jointly drafted and shall not be construed in any way against any Party on the grounds that the Party was the drafter of the Agreement. This Agreement shall be construed in accordance with and be governed by the laws of the State of Florida, without regard to principles of conflicts of law.

[SIGNATURES FOLLOW ON NEXT PAGE.]

IN WITNESS WHEREOF, the Parties have executed this Agreement effective as of the date first written above.

MATTAMY:

MATTAMY ORLANDO LLC, a Delaware
limited liability company

By:	

Name: Title:

Nicole Swartz Vice President

HWA:

HANSON, WALTER & ASSOCIATES, INC., a
Florida corporation

By:	 Name: 	 Title: 	

UES:

UNIVERSAL ENGINEERING SCIENCES,
LLC, a Florida limited liability company

By:	 Name: 	 Title: 	

DISTRICT:
WESTSIDE COMMUNITY DEVELOPMENT
DISTRICT, a Florida community development district

By:	 Print: Tom Franklin

Westside CDD/Mattamy/Universal/ HWA
Tolling Agreement- Pond 4
Page 5 of 5

IN WITNESS WHEREOF, the Parties have executed this Agreement effective as of the date first written above.

MATTAMY:

MATTAMY ORLANDO LLC, a Delaware
limited liability company

By:	 Name: 	 TIie:t

HWA:

HANSON, WALTER& ASSOCIATES, INC., a
Florida corporation

By:	-
Name:	'	f/l)IPt	

Title:  pc.(SI  l>t{»T,

UES:

UNIVERSAL ENGINEERING SCIENCES,
LLC, a Florida limited liability company

By:	  Name: 		 Title: 	

DISTRICT:

WESTSIDE COMMUNITY DEVELOPMENT
DISTRICT, a Florida community development district

By:	 _ Print: Tom Franklin

DocuSign Envelope ID: E90F4CBE-3E4B-48F4-8998-BDEAA67E4CD4

Westside CDD/Mattamy/Universal/HWA
Tolling Agreement- Pond 4
Page 1 of 6

IN WITNESS WHEREOF, the Parties have executed this Agreement effective as of the date first written above.

MATTAMY:

MATTAMY ORLANDO LLC, a Delaware
limited liability company

By:	 Name: 	 Title: 	

HWA:

HANSON, WALTER & ASSOCIATES, INC., a
Florida corporation

By:	 Name: 	 Title: 	

UES:

UNIVERSAL ENGINEERING SCIENCES,

LLC, a Florida limited liability company

By:	

Name: Title:

Benjamin Butterfield

General Counsel and Secretary

DISTRICT:

Westside CDD/Mattamy/Universal/HWA
Tolling Agreement- Pond 4
Page 5 of 5

IN WITNESS WHEREOF, the Parties have executed this Agreement effective as of the date first written above.

MATTAMY:

MATTAMY ORLANDO LLC, a Delaware
limited liability company

By:	 _ Name: 		 Title: 			

HWA:

HANSON, WALTER & ASSOCIATES, INC., a
Florida corporation

By:	_ Name: 		 Title: 			

UES:

UNIVERSAL ENGINEERING SCIENCES,
LLC, a Florida limited liability company

By:	 _ Name: 			 Title: 		

DISTRICT:

WESTSIDE COMMUNITY DEVELOPMENT
DISTRICT, a Florida community development district

By:	---;:=a;=	
Print: Tom Franklin Title: Chairman

Section XV

Section C

Section 1

Westside
Community Development District

Summary of Check Register

February 19, 2025 to March 18, 2025

Fund	Date	Check No.'s	Amount

General Fund		
	2/21/25	2100-2103	$	7,593.14	
	2/25/25	2104	$	3,562.87	
	3/17/25	2105-2109	$	39,526.54	

Total Amount	$	50,682.55

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	3/25/25	PAGE	1
*** CHECK DATES 02/19/2025 - 03/18/2025 ***	WESTSIDE CDD - GENERAL FUND
BANK A WESTSIDE CDD
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#
2/21/25 00034	2/14/25 6391-02- 202502 310-51300-31200	*	450.00
ASSESS REVENUE BOND S2019
2/14/25 7186-02- 202502 310-51300-31200	*	450.00
ASSES REV BOND S2019 WIND
2/14/25 7468-02- 202502 310-51300-31200	*	450.00
ASSES REV BOND S2022-1 A1
2/14/25 7469-02- 202502 310-51300-31200	*	450.00
ASSES REV BOND S2022-2 A2
AMTEC	1,800.00 002100
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/21/25 00001 12/31/24 492	202412 320-53800-49400	*	1,835.91
PUMP RENTAL COSTS
GOVERNMENTAL MANAGEMENT SERVICES-CF	1,835.91 002101
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/21/25 00022	2/13/25 5293148	202501 310-51300-31100	*	190.00
ENGINEERING SVCS JAN25
HANSON WALTER & ASSOCIATES INC	190.00 002102
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/21/25 00039	1/07/25 831750	202501 320-53800-49400	*	3,767.23
TRIM PALMS & CUT DEAD ONE
YELLOWSTONE LANDSCAPE-SOUTHEAST LLC	3,767.23 002103
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/25/25 00029	2/17/25 136851	202501 310-51300-31500	*	1,437.87
GENERAL COUNSEL JAN25
2/17/25 136852	202501 310-51300-31500	*	562.50
CONVEYANCES JAN25
2/17/25 136853	202501 310-51300-31500	*	707.50
CONTRUCT DEFECT JAN25
2/17/25 136854	202501 310-51300-31500	*	855.00
BANKRUPTCY OF LANDOWNER
LATHAM LUNA EDEN & BEAUDINE LLP	3,562.87 002104
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
3/17/25 00056	2/28/25 19271	202502 320-53800-46400	*	600.00
WESTSIDE CDD STORM WATER
2/28/25 19271	202502 320-53800-46400	*	100.00
P-4 HERBICIDE MAINT
2/28/25 19271	202502 320-53800-46400	*	275.00
SOLARA PONDS S1, S2 & S3
2/28/25 19271	202502 320-53800-46400	*	100.00
GOODMAN POND HERBICIDE
AQUATIC WEED MANAGEMENT, INC.	1,075.00 002105
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
3/17/25 00001	3/01/25 493	202503 310-51300-34000	*	4,334.58
MANAGEMENT FEES MAR25
3/01/25 493	202503 310-51300-35200	*	111.33
WEBSITE ADMIN MAR25
WEST WESTSIDE	ZYAN

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	3/25/25	PAGE	2
*** CHECK DATES 02/19/2025 - 03/18/2025 ***	WESTSIDE CDD - GENERAL FUND
BANK A WESTSIDE CDD
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#

	3/01/25	
	3/01/25	
	3/01/25	
	3/01/25	
	3/01/25	
	3/01/25	

493	202503 310-51300-35100	*	167.00
INFORMATION TECH MAR25
493	202503 310-51300-31300	*	1,947.75
DISSEMINATION SVCS MAR25
493	202503 310-51300-51000	*	.27
OFFICE SUPPLIES MAR25
493	202503 310-51300-42000	*	310.76
POSTAGE MAR25
493	202503 310-51300-42500	*	23.10
COPIES MAR25
494	202503 320-53800-49000	*	1,881.75
FIELD MANAGEMENT MAR25
GOVERNMENTAL MANAGEMENT SERVICES-CF	8,776.54 002106
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
3/17/25 00022	3/12/25 5293377	202502 310-51300-31100	*	1,165.00
ENGINEERING SVCS FEB25
HANSON WALTER & ASSOCIATES INC	1,165.00 002107
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
3/17/25 00029	3/11/25 138088	202502 310-51300-31500	*	470.00
GENERAL COUNSEL FEB25
3/11/25 138090	202502 310-51300-31500	*	240.00
CONSTRUCT DEFECT FEB25
3/11/25 138091	202502 310-51300-31500	*	112.50
BANKRUPTCY OF LANDOWNER
LATHAM LUNA EDEN & BEAUDINE LLP	822.50 002108
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
3/17/25 00039	3/01/25 866998	202503 320-53800-46200	*	27,687.50
LANDSCAPE MAINT MAR25
YELLOWSTONE LANDSCAPE-SOUTHEAST LLC	27,687.50 002109
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
TOTAL FOR BANK A	50,682.55
TOTAL FOR REGISTER	50,682.55

WEST WESTSIDE	ZYAN

Section 2

Westside
Community Development District

Unaudited Financial Reporting
February 28, 2025

Table of Contents

1		Balance Sheet	

2-3	
	General Fund 	

4	
	Series 2005 Debt Service Fund	

5	
	Series 2007 Debt Service Fund	

6	
	Series 2018 Debt Service Fund	

7	
	Series 2019 Debt Service Fund	

8	
	Series 2019 Refunding Bonds Debt Service Fund	

9	
	Series 2019 Parcel K Debt Service Fund	

10	
	Series 2022 AA1 Debt Service Fund	

11	
	Series 2022 AA2 Debt Service Fund	

12	
	Capital Projects Fund	

13	
	Capital Reserve Fund	

14-15	
	Month to Month	

16	
	Assessment Receipt Schedule	

Westside

Reserve	$	-	$	100,342	$	-	$	-	$	100,342	
Revenue	$	-	$	214,069	$	-	$	-	$	214,069	
Prepayment Series 2007 - 2
Reserve	$

$	-	$	4,152

-	$	36,260	$

$	$

$	-	$	4,152

-	$	36,260	
Revenue	$	-	$	84,578	$	-	$	-	$	84,578	
Prepayment Series 2018
Reserve	$

$	-	$	2,929

-	$	115,065	$

$	$

$	-	$	2,929

-	$	115,065	
Revenue	$	-	$	246,565	$	-	$	-	$	246,565	
Construction	$	-	$	-	$	2	$	-	$	2	
Series 2019 Reserve	
$	
-	$	101,595	
$	
-	$	
-	$	101,595	
Revenue	$	-	$	205,757	$	-	$	-	$	205,757	
Construction Series 2019 K	$	-	$	-	$	2	$	-	$	2	
Reserve	$	-	$	92,850	$	-	$	-	$	92,850	
Revenue	$	-	$	101,855	$	-	$	-	$	101,855	
Construction Series 2019 R
Reserve	$

$	-	$	-

-	$	503,479	$

$	10,376	$

-	$	-	$	10,376

-	$	503,479	
Revenue	$	-	$	1,205,495	$	-	$	-	$	1,205,495	
Cost of Issuance	$	-	$	7,700	$	-	$	-	$	7,700	
Series 2022 AA1											
Reserve	$	-	$	124,025	$	-	$	-	$	124,025	
Revenue	$	-	$	108,923	$	-	$	-	$	108,923	
Construction Series 2022 AA2	$	-	$	-	$	1,655,521	$	-	$	1,655,521	
Reserve	$	-	$	120,784	$	-	$	-	$	120,784	
Revenue	$	-	$	216,708	$	-	$	-	$	216,708	
Construction	$	-	$	-	$	570	$	-	$	570	
Due from Capital Reserve	$	69,282	$	-	$	-	$	-	$	69,282	
Investments - SBA	$	151,077	$	-	$	-	$	815,314	$	966,392	
Prepaid Expenses	$	929	$	-	$	-	$	-	$	929	
Total Assets	$	411,117	$	3,593,130	$	1,689,409	$	1,258,660	$	6,952,316	
Liabilities:
Accounts Payable	

$	13,140	

$	-	

$	

-	$	

-	$	13,140	
Accrued Interest Payable	$	-	$	63,433	$	-	$	-	$	63,433	
Accrued Principal Payable	$	-	$	210,000	$	-	$	-	$	210,000	
Total Liabilites	$	13,140	$	273,433	$	-	$	-	$	286,573	
Fund Balance:
Nonspendable:
Debt Service - Series 2005 - 2	

$	-	

$	110,109	

$	

-	$	

-	$	110,109	
Debt Service - Series 2007 - 2	$	-	$	58,786	$	-	$	-	$	58,786	
Debt Service - Series 2018	$	-	$	361,630	$	-	$	-	$	361,630	
Debt Service - Series 2019	$	-	$	307,352	$	-	$	-	$	307,352	
Debt Service - Series 2019 K	$	-	$	194,705	$	-	$	-	$	194,705	
Debt Service - Series 2019 R	$	-	$	1,716,674	$	-	$	-	$	1,716,674	
Debt Service - Series 2019 R	$	-	$	232,948	$	-	$	-	$	232,948	
Debt Service - Series 2019 R	$	-	$	337,491	$	-	$	-	$	337,491	
Capital Projects	$	-	$	-	$	1,689,409	$	-	$	1,689,409	
Unassigned	$	397,048	$		$	-	$	1,258,660	$	1,655,707	
Total Fund Balances	$	397,977	$	3,319,697	$	1,689,409	$	1,258,660	$	6,665,743	
						
Total Liabilities & Fund Balance	$	411,117	$	3,593,130	$	1,689,409	$	1,258,660	$	6,952,316	

Community Development District Combined Balance Sheet February 28, 2025

	General Fund	Debt Service Fund	Capital Projects Fund	Capital Reserve Fund	Totals Governmental Funds	
Assets:						
Cash:						
Operating Account	$	189,828	$	-	$	-	$	443,345	$	633,174	
Capital Projects Account	$	-	$	-	$	22,939	$	-	$	22,939	
Investments: Series 2005 - 2						

-

Revenues:		
Assessments - Tax Roll	$	589,729	$	458,264	$	458,264	$	-	
Interest	$	1,000	$	1,000	$	2,440	$	1,440	
Miscellaneous Revenue	$	-	$	-	$	110	$	110	
Total Revenues	$	590,729	$	459,264	$	460,814	$	1,550	

Expenditures:					
General & Administrative:					
Supervisor Fees	$	12,000	$	5,000	$	1,200	$	3,800	
FICA Expense	$	918	$	383	$	92	$	291	
Engineering Fees	$	15,000	$	6,250	$	1,913	$	4,338	
Legal Services	$	40,000	$	16,667	$	11,666	$	5,001	
Arbitrage Fees	$	3,600	$	1,800	$	1,800	$	-	
Management Fees	$	52,015	$	21,673	$	21,673	$	-	
Information Technology	$	2,004	$	835	$	835	$	-	
Website Maintenance	$	1,336	$	557	$	557	$	0	
Dissemination Fees	$	23,373	$	9,739	$	9,739	$	-	
Trustee Fees	$	29,042	$	12,185	$	12,185	$	-	
Assessment Roll Services	$	13,913	$	13,913	$	13,913	$	-	
Auditing Services	$	4,950	$	-	$	-	$	-	
Telephone	$	100	$	42	$	-	$	42	
Postage	$	2,250	$	938	$	500	$	437	
Insurance - General Liability	$	10,545	$	10,545	$	10,545	$	-	
Printing and Binding	$	1,500	$	625	$	37	$	588	
Legal Advertising	$	1,800	$	750	$	512	$	238	
Other Current Charges	$	1,600	$	667	$	518	$	148	
Office Supplies	$	400	$	167	$	31	$	136	
Property Appraiser's Fee	$	1,400	$	924	$	924	$	-	
Property Taxes	$	200	$	3	$	3	$	-	
Dues, Licenses & Subscriptions	$	175	$	175	$	175	$	-	
Total General & Administrative	$	218,121	$	103,836	$	88,817	$	15,018	

Operations & Maintenance		
Field Expenditures
Landscape Maintenance	

$	348,863	

$	145,359	

$	138,438	

$	6,922	
Oak Tree Maintenance	$	25,000	$	10,417	$	24,727	$	(14,310)	
Irrigation Repairs	$	25,000	$	10,417	$	21,567	$	(11,151)	
Plant Replacement	$	30,000	$	12,500	$	15,528	$	(3,028)	
Electric	$	1,997	$	832	$	191	$	641	
Streetlighting	$	64,311	$	26,796	$	23,740	$	3,056	
Irrigation Water	$	47,759	$	19,900	$	34,259	$	(14,359)	
Property Insurance	$	1,922	$	1,464	$	1,464	$	-	
Field Management	$	22,581	$	9,409	$	9,409	$	-	
Lake & Wetland Maintenance	$	24,653	$	10,272	$	6,977	$	3,295	
Sidewalk Repairs & Maintenance	$	4,000	$	1,667	$	9,755	$	(8,088)	
Contingency	$	36,275	$	15,115	$	5,603	$	9,512	
Total Operations & Maintenance	$	632,361	$	264,147	$	291,657	$	(27,510)	
					
Total Expenditures	$	850,482	$	367,982	$	380,474	$	(12,492)	
					
Excess (Deficiency) of Revenues over Expenditures	$	(259,753)		$	80,340		
					
Fund Balance - Beginning	$	259,753		$	317,637		
					
Fund Balance - Ending	$	-		$	397,977		

	Adopted	Prorated Budget	Actual		
	Budget	Thru 02/28/25	Thru 02/28/25	Variance	
Revenues:					
Assessments - Tax Roll	$	110,963	$	86,227	$	86,227	$	-	
Interest	$	-	$	-	$	3,566	$	3,566	
Total Revenues	$	110,963	$	86,227	$	89,792	$	3,566	

Expenditures:					
Debt Service Obligation	$	110,963	$	-	$	-	$	-	
Total Expenditures	$	110,963	$	-	$	-	$	-	
					
Excess (Deficiency) of Revenues over Expenditures	$	-		$	89,792	$	3,566	
					
Fund Balance - Beginning	$	-		$	20,317		
					
Fund Balance - Ending	$	-		$	110,109		

	Adopted	Prorated Budget	Actual		
	Budget	Thru 02/28/25	Thru 02/28/25	Variance	

Revenues:					
Assessments - Tax Roll	$	39,800	$	30,928	$	30,928	$	-	
Interest	$	-	$	-	$	1,425	$	1,425	
Total Revenues	$	39,800	$	30,928	$	32,352	$	1,425	

Expenditures:					
Debt Service Obligation	$	39,800	$	-	$	-	$	-	
Total Expenditures	$	39,800	$	-	$	-	$	-	
					
Excess (Deficiency) of Revenues over Expenditures	$	-		$	32,352		
					
Fund Balance - Beginning	$	-		$	26,434		
					
Fund Balance - Ending	$	-		$	58,786		

Revenues:					
Assessments - Tax Roll	$	230,130	$	178,630	$	178,630	$	-	
Interest	$	-	$	-	$	4,408	$	4,408	
Total Revenues	$	230,130	$	178,630	$	183,039	$	4,408	

Expenditures:					
Interest - 11/1	$	80,400	$	80,400	$	80,400	$	-	
Principal - 5/1	$	70,000	$	-	$	-	$	-	
Interest - 5/1	$	80,400	$	-	$	-	$	-	
Total Expenditures	$	230,800	$	80,400	$	80,400	$	-	
					
Excess (Deficiency) of Revenues over Expenditures	$	(670)		$	102,639		
					
Fund Balance - Beginning	$	140,098		$	258,992		
					
Fund Balance - Ending	$	139,428		$	361,630		

Revenues:					
Assessments - Tax Roll	$	203,846	$	158,301	$	158,301	$	-	
Interest	$	-	$	-	$	3,634	$	3,634	
Total Revenues	$	203,846	$	158,301	$	161,935	$	3,634	

Expenditures:					
Interest - 11/1	$	68,374	$	68,374	$	68,374	$	-	
Principal - 5/1	$	65,000	$	-	$	-	$	-	
Interest - 5/1	$	68,374	$	-	$	-	$	-	
Total Expenditures	$	201,748	$	68,374	$	68,374	$	-	
					
Excess (Deficiency) of Revenues over Expenditures	$	2,099		$	93,561		
					
Fund Balance - Beginning	$	108,847		$	213,791		
					
Fund Balance - Ending	$	110,946		$	307,352		

Revenues:					
Assessments - Tax Roll	$	1,007,205	$	782,674	$	782,674	$	-	
Interest	$	-	$	-	$	20,657	$	20,657	
Total Revenues	$	1,007,205	$	782,674	$	803,331	$	20,657	

Expenditures:					
Interest - 11/1	$	207,994	$	207,994	$	207,994	$	-	
Principal - 5/1	$	595,000	$	-	$	-	$	-	
Interest - 5/1	$	207,994	$	-	$	-	$	-	
Total Expenditures	$	1,010,989	$	207,994	$	207,994	$	-	
					
Excess (Deficiency) of Revenues over Expenditures	$	(3,783)		$	595,336		
					
Fund Balance - Beginning	$	602,389		$	1,121,337		
					
Fund Balance - Ending	$	598,606		$	1,716,674		

	Adopted	Prorated Budget	Actual		
	Budget	Thru 02/28/25	Thru 02/28/25	Variance	

Revenues:					
Assessments - Tax Roll	$	78,845	$	61,260	$	61,260	$	-	
Interest	$	-	$	-	$	2,931	$	2,931	
Total Revenues	$	78,845	$	61,260	$	64,190	$	2,931	

Expenditures:					
Interest - 11/1	$	36,970	$	36,970	$	36,970	$	-	
Interest - 5/1	$	36,970	$	-	$	-	$	-	
Total Expenditures	$	73,940	$	36,970	$	36,970	$	-	
					
Excess (Deficiency) of Revenues over Expenditures	$	4,905		$	27,220		
					
Fund Balance - Beginning	$	73,167		$	167,485		
					
Fund Balance - Ending	$	78,072		$	194,705		

Adopted	Prorated Budget	Actual	
Budget	Thru 02/28/25	Thru 02/28/25	Variance	

Revenues:		
Assessments - Tax Roll	$	113,770	$	88,407	$	88,407	$	-	
Interest	$	-	$	-	$	3,345	$	3,345	
Total Revenues	$	113,770	$	88,407	$	91,753	$	3,345	

Expenditures:					
Interest - 11/1	$	56,885	$	56,885	$	56,885	$	-	
Interest - 5/1	$	56,885	$	-	$	-	$	-	
Total Expenditures	$	113,770	$	56,885	$	56,885	$	-	
					
Excess (Deficiency) of Revenues over Expenditures	$	-		$	34,868		
					
Fund Balance - Beginning	$	72,010		$	198,081		
					
Fund Balance - Ending	$	72,010		$	232,948		

Adopted	Prorated Budget	Actual	
Budget	Thru 02/28/25	Thru 02/28/25	Variance	

Revenues:		
Assessments - Tax Roll	$	241,568	$	187,716	$	187,716	$	-	
Interest	$	-	$	-	$	3,925	$	3,925	
Total Revenues	$	241,568	$	187,716	$	191,641	$	3,925	

Expenditures:					
Interest - 11/1	$	96,809	$	96,809	$	96,809	$	-	
Principal - 5/1	$	45,000	$	-	$	-	$	-	
Interest - 5/1	$	96,809	$	-	$	-	$	-	
Total Expenditures	$	238,618	$	96,809	$	96,809	$	-	
					
Excess (Deficiency) of Revenues over Expenditures	$	2,951		$	94,832		
					
Fund Balance - Beginning	$	117,779		$	242,659		
					
Fund Balance - Ending	$	120,729		$	337,491		

Westside
Community Development District Capital Projects Funds
Statement of Revenues, Expenditures, and Changes in Fund Balance
For The Period Ending February 28, 2025

	Series	Series	Series	Series	Series	Series	Series		
	2005-2	2007-2	2018	2019	2019K	2022 AA1	2022 AA2	Total	

Revenues									
Interest	$	-	$	1	$	0	$	0	$	197	$	31,443	$	4	$	31,645	
Total Revenues	$	-  $	1	$	0	$	0	$	197	$	31,443	$	4	$	31,645	

Expenditures:									
Capital Outlay	$	-	$	-	$	-	$	-	$	-	$	-	$	110	$	110	
Contingency	$	-	$	356	$	-	$	-	$	-	$	-	$	-	$	356	
Total Expenditures	$	-  $	356	$	-	$	-	$	-	$	-	$	110	$	466	
									
Excess (Deficiency) of Revenues over Expenditures	$	-  $	(355)	$	0	$	0	$	197	$	31,443	$	(106)	$	31,179	
									
Fund Balance - Beginning	$	-	$	23,294	$	2	$	2	$	10,179	$	1,624,078	$	676	$	1,658,230	
									
Fund Balance - Ending	$	-	$	22,939	$	2	$	2	$	10,376	$	1,655,521	$	570	$	1,689,409	

Westside
Community Development District Capital Reserve Fund
Statement of Revenues, Expenditures, and Changes in Fund Balance
For The Period Ending February 28, 2025

	Adopted	Prorated Budget	Actual		
	Budget	Thru 02/28/25	Thru 02/28/25	Variance	

Revenues:					
Interest	$	-	$	-	$	13,057	$	13,057	
Total Revenues	$	-	$	-	$	13,057	$	13,057	

Expenditures:					
Miscellaneous Expense	$	1,500	$	625	$	203	$	422	
Capital Outlay - Landscaping	$	50,000	$	-	$	-	$	-	
Total Expenditures	$	51,500	$	625	$	203	$	422	
					
Excess (Deficiency) of Revenues over Expenditures	$	(51,500)		$	12,854		
					
Fund Balance - Beginning	$	1,285,537		$	1,245,806		
					
Fund Balance - Ending	$	1,234,037		$	1,258,660		

	Oct	Nov	Dec	Jan	Feb	March	April	May	June	July	Aug	Sept	Total	

Revenues:														
Assessments - Tax Roll	$	-	$	48,904	$	383,493	$	13,104	$	12,763	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	458,264	
Interest	$	637	$	599	$	610	$	592	$	2	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	2,440	
Miscellaneous Revenue	$	-	$	-	$	-	$	110  $	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	110	
Total Revenues	$	637  $	49,503  $	384,103  $	13,806  $	12,765  $	-	$	-	$	-	$	-	$	-	$	-	$	-	$	460,814	

Expenditures:							
General & Administrative:							
Supervisor Fees	$	-	$	600	$	-	$	600	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	1,200	
FICA Expense	$	-	$	46	$	-	$	46	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	92	
Engineering Fees	$	415	$	95	$	48	$	190	$	1,165	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	1,913	
Legal Services	$	1,776	$	1,956	$	4,201	$	3,563	$	170	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	11,666	
Arbitrage Fees	$	-	$	-	$	-	$	-	$	1,800	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	1,800	
Management Fees	$	4,335	$	4,335	$	4,335	$	4,335	$	4,335	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	21,673	
Information Technology	$	167	$	167	$	167	$	167	$	167	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	835	
Website Maintenance	$	111	$	111	$	111	$	111	$	111	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	557	
Dissemination Fees	$	1,948	$	1,948	$	1,948	$	1,948	$	1,948	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	9,739	
Trustee Fees	$	9,397	$	-	$	-	$	2,788	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	12,185	
Assessment Roll Services	$	13,913	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	13,913	
Auditing Services	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	
Telephone	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	

Postage
Insurance - General Liability Printing and Binding
Legal Advertising

$	30  $
$	10,545  $
$	1  $
$	-	$

57  $
-	$
-	$
512  $

218  $
-	$
35  $
-	$

3  $	193  $	-	$
-	$	-	$	-	$
-	$	0  $	-	$
-	$	-	$	-	$

-	$	-	$	-	$
-	$	-	$	-	$
-	$	-	$	-	$
-	$	-	$	-	$

-	$	-	$
-	$	-	$
-	$	-	$
-	$	-	$

-	$	500
-	$	10,545
-	$	37
-	$	512

Other Current Charges Office Supplies
Property Appraiser's Fee Property Taxes
Dues, Licenses & Subscriptions

$	117  $
$	10  $
$	-	$
$	-	$
$	175  $

98  $
0  $

$	-	$	924	$	-	$	
$	-	$	-	$	-	$	

-
3
-	$

98  $
10  $

-	$

97  $
0  $

-	$

108  $	-	$
10  $	-	$
-	$
-	$
-	$	-	$

-	$	-	$	-	$
-	$	-	$	-	$
-	$	-	$	-	$
-	$	-	$	-	$
-	$	-	$	-	$

-	$	-	$
-	$	-	$
-	$	-	$
-	$	-	$
-	$	-	$

-	$	518
-	$	31
-	$	924
-	$	3
-	$	175

Total General & Administrative	$	42,940  $	9,928  $	11,169  $	14,772  $	10,008  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	88,817

Oct	Nov	Dec	Jan	Feb	March	April	May	June	July	Aug	Sept	Total

Operations & Maintenance

Field Expenditures

Landscape Maintenance Oak Tree Maintenance Irrigation Repairs
Plant Replacement Electric Streetlighting Irrigation Water Property Insurance Field Management
Lake & Wetland Maintenance Sidewalk Repairs & Maintenance Contingency
Stormwater/Lake Repair

$	27,688  $
$	18,425  $
$	4,658  $
$	14,328  $
$	40  $
$	4,719  $
$	7,197  $
$	1,464  $
$	1,882  $
$	1,075  $
$	-  $
$	-  $
$	-  $

27,688  $
-  $
5,110  $
-  $
37  $
4,719  $
3,580  $
-  $
1,882  $
1,870  $
-  $
-  $
-  $

27,688  $
-  $
2,501  $
-  $
36  $
4,719  $
7,595  $
-  $
1,882  $
1,075  $
-  $
1,836  $
-  $

27,688  $
6,302  $
9,297  $
1,200  $
38  $
4,719  $
10,887  $
-  $
1,882  $
1,675  $
9,755  $
3,767  $
-  $

27,688  $
-  $
-  $
-  $
40  $
4,866  $
5,000  $
-  $
1,882  $
1,282  $
-  $
-  $
-  $

-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $

-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $

-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $

-  $	138,438
-  $	24,727
-  $	21,567
-  $	15,528
-  $	191
-  $	23,740
-  $	34,259
-  $	1,464
-  $	9,409
-  $	6,977
-  $	9,755
-  $	5,603
-  $	-

Excess (Deficiency) of Revenues over Expenditures	$	(123,778)  $	(5,310)  $	325,602  $	(78,175)  $	(38,000)  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	80,340

Total Expenditures	$	124,415  $	54,813  $	58,500  $	91,981  $	50,765  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	380,474

Total Operations & Maintenance	$	81,475  $	44,885  $	47,331  $	77,209  $	40,757  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	291,657

ON ROLL ASSESSMENTS

COMMUNITY DEVELOPMENT DISTRICT

Gross Assessments	$  627,371.75	$  118,045.74	$  42,340.43	$ 244,548.00	$ 216,717.00	$ 1,071,494.97	$	83,866.00	$  121,031.50	$  256,986.72	$ 2,782,402.11	
Net Assessments	$  589,729.45	$  110,963.00	$  39,800.00	$ 229,875.12	$ 203,713.98	$ 1,007,205.27	$	78,834.04	$  113,769.61	$  241,567.52	$ 2,615,457.98	
	22.55%	4.24%	1.52%	8.79%	7.79%	38.51%	3.01%	4.35%	9.24%	100.00%	

Special Assessment Receipts Fiscal Year 2025

Date	
Distribution	
Gross Amount	
Discount/Penalty	
Commission	
Interest	
Net Receipts	
O&M Portion	2005-2
Debt Service	2007-2
Debt Service	2018
Debt Service	2019
Debt Service	2019 Refund Debt Service	2019 Parcel k Debt Service	2022 AA1
Debt Service	2022 AA2
Debt Service	
Total	

11/15/24	
ACH	
$7,874.11	
($360.17)	
($150.28)	
$0.00	
$7,363.66	
$1,660.36	
$312.41	
$112.05	
$647.20	
$573.54	
$2,835.72	
$221.95	
$320.31	
$680.12	
$7,363.66	
11/21/24	ACH	$222,711.60	($8,908.21)	($4,276.07)	$0.00	$209,527.32	$47,243.91	$8,889.37	$3,188.42	$18,415.56	$16,319.76	$80,688.36	$6,315.48	$9,114.21	$19,352.25	$209,527.32	
12/07/24	ACH	$1,110.29	($11.84)	($21.97)	$0.00	$1,076.48	$242.71	$45.67	$16.38	$94.61	$83.85	$414.55	$32.45	$46.83	$99.43	$1,076.48	
12/10/24	ACH	$1,713,720.44	($68,546.23)	($32,903.48)	$0.00	$1,612,270.73	$363,532.32	$68,401.94	$24,534.28	$141,704.03	$125,577.28	$620,880.77	$48,596.39	$70,132.04	$148,911.68	$1,612,270.73	
12/20/24	ACH	$89,232.40	($1,784.66)	$0.00	$0.00	$87,447.74	$19,717.59	$3,710.04	$1,330.71	$7,685.87	$6,811.17	$33,675.87	$2,635.81	$3,803.88	$8,076.80	$87,447.74	
01/09/25	ACH	$3,981.71	($119.46)	($77.25)	$0.00	$3,785.00	$853.43	$160.58	$57.60	$332.67	$294.81	$1,457.59	$114.09	$164.64	$349.59	$3,785.00	
01/09/25	ACH	$55,405.28	($1,662.18)	($1,074.84)	$0.00	$52,668.26	$11,875.57	$2,234.50	$801.46	$4,629.06	$4,102.25	$20,282.39	$1,587.50	$2,291.01	$4,864.52	$52,668.26	
01/28/25	ACH	$0.00	$0.00	$0.00	$1,662.98	$1,662.98	$374.96	$70.55	$25.31	$146.16	$129.53	$640.41	$50.12	$72.34	$153.60	$1,662.98	
02/10/25	ACH	$58,946.54	($1,187.22)	($1,155.19)	$0.00	$56,604.13	$12,763.00	$2,401.48	$861.36	$4,974.99	$4,408.81	$21,798.09	$1,706.14	$2,462.22	$5,228.04	$56,604.13	

TOTAL	$	2,152,982.37  $	(82,579.97) $	(39,659.08) $	1,662.98  $ 2,032,406.30	$  458,263.85	$  86,226.54	$  30,927.57	$ 178,630.15	$ 158,301.00	$  782,673.75	$	61,259.93	$	88,407.48	$  187,716.03	$ 2,032,406.30	

78%
$  583,051.68

Net Percent Collected Balance Remaining to Collect