Poitras East Community Development District
12051 Corporate Boulevard, Orlando, FL 32817; Phone: 407-723-5900
http://poitraseastcdd.com/
The following is the proposed agenda for the upcoming Meeting of the Board of Supervisors for the Poitras East Community Development District which will be held Tuesday, April 21, 2020 at 4:00 p.m. using telephonic conferencing due to the COVID-19 Executive Orders 20-52, 20-69 & 20-112. The proposed agenda for this Board Meeting is found below.

Please use the following information to join the telephonic conferencing:

Phone:	1-844-621-3956	Participant Code:	796 580 192#

BOARD OF SUPERVISORS’ MEETING AGENDA

Organizational Matters
Roll Call to Confirm Quorum
Public Comment Period
Discussion regarding Executive Orders 20-52, 20-69 & 20-112
Consideration of the Minutes of the April 21, 2020 Board of Supervisors’ Meeting
Consideration of Ms. Isaacs’ Resignation Letter & Naming a Replacement Supervisor for Seat 5
Consideration of Mr. Ireland’s Resignation Letter & Naming a Replacement Supervisor for Seat 3
Letter from Supervisor of Elections – Orange County
Consideration of Resolution 2020-09, Designating a Date, Time and Location for the 2020 Landowners’ Meeting [suggested date of November 17, 2020]

Business Matters
Consideration of First Amendment to Website Services Agreement
Consideration of Resolution 2020-10, Approving a Preliminary Budget for Fiscal Year 2021 and Setting a Public Hearing Date [suggested date of August 18, 2020 at 4:00 p.m.]
Consideration of District Management Fee Increase Letter for Fiscal Year 2021
Consideration of Matters Pertaining to District Financing
Matters Pertaining to Validation
Presentation of Engineer’s Report for Validation
Presentation of Bond Validation Report
Consideration of Resolution 2020-05, Authorizing the Issuance of Bonds and Authorizing the Commencement of Validation Proceedings
Matters Pertaining to Master Special Assessments
Presentation of Updated Engineer’s Report

Presentation of Updated Master Assessment Methodology Report
Consideration of Resolution 2020-02, Declaring Master Special Assessments
Consideration of Resolution 2020-03, Setting Public Hearing for Levy of Master Special Assessments
Ratification of Payment Authorization Nos. 062 – 065
Recommendation of Work Authorization/Proposed Services (if applicable)
Review of District’s Financial Position and Budget to Actual YTD

Other Business
Staff Reports
District Counsel
District Manager
District Engineer
Construction Supervisor
Supervisor Requests

Adjournment

Poitras East Community Development District

Executive Orders 20-52, 20-69 & 20-112

STATE OF FLORIDA
OFFICE OF THE GOVERNOR EXECUTIVE ORDER NUMBER 20-52
(Emergency Management - COVID-19 Public Health Emergency)

WHEREAS, Novel Coronavirus Disease 2019 (COVID-19) is a severe acute respiratory illness that can spread among humans through respiratory transmission and presents with symptoms similar to those of influenza; and
WHEREAS, in late 2019, a new and significant outbreak of COVID-19 emerged in China;

and

WHEREAS, the World Health Organization previously declared COVID-19 a Public Health Emergency of International Concern; and
WHEREAS, in response to the recent COVID-19 outbreak in China, Iran, Italy, Japan and South Korea, the Centers for Disease Control and Prevention ("CDC") has deemed it necessary to prohibit or restrict non-essential travel to or from those countries; and
WHEREAS, on March 1, 2020, I issued Executive Order number 20-51 directing the Florida Department of Health to issue a Public Health Emergency; and
WHEREAS, on March 1, 2020, the State Surgeon General and State Health Officer declared a Public Health Emergency exists in the State of Florida as a result of COVID-19; and
WHEREAS, on March 7, 2020, I directed the Director of the Division of Emergency Management to activate the State Emergency Operations Center to Level 2 to provide coordination and response to the COVID-19 emergency; and
WHEREAS, as of March 9, 2020, eight counties in Florida have positive cases for COVID-19, and COVID-19 poses a risk to the entire state of Florida; and

WHEREAS, the CDC currently recommends community preparedness and everyday prevention measures be taken by all individuals and families in the United States, including voluntary home isolation when individuals are sick with respiratory symptoms, covering coughs and sneezes with a tissue and disposal of the tissue immediately thereafter, washing hands often with soap and water for at least 20 seconds, using of alcohol-based hand sanitizers with 60%-95% alcohol if soap and water are not readily available and routinely cleaning frequently touched surfaces and objects to increase community resilience and readiness for responding to an outbreak; and
WHEREAS, the CDC currently recommends mitigation measures for communities experiencing an outbreak including staying at home when sick, keeping away from others who are sick, limiting face-to-face contact with others as much as possible, consulting with your healthcare provider if individuals or members of a household are at high risk for COVID-19 complications , wearing a facemask if advised to do so by a healthcare provider or by a public health official, staying home when a household member is sick with respiratory disease symptoms if instructed to do so by public health officials or a health care provider; and
WHEREAS, as Governor, I am responsible for meeting the dangers presented to this state and its people by this emergency.
NOW, THEREFORE, I, RON DESANTIS, as Governor of Florida, by virtue of the authority vested in me by Article IV, Section (l)(a) of the Florida Constitution, Chapter 252, Florida Statutes, and all other applicable laws, promulgate the following Executive Order to take immediate effect:
Section I. Because of the foregoing conditions, I declare a state of emergency exists in the State of Florida.

Section 2. I designate the Director of the Division of Emergency Management ("Director") as the State Coordinating Officer for the duration of this emergency and direct him to execute the State's Comprehensive Emergency Management Plan and other response, recovery, and mitigation plans necessary to cope with the emergency. Additionally, I designate the State Health Officer and Surgeon General as a Deputy State Coordinating Officer and State Incident Commander.
Pursuant to section 252.36(1)(a), Florida Statutes, I delegate to the State Coordinating

Officer the authority to exercise those powers delineated in sections 252.36(5)-(10), Florida Statutes, which he shall exercise as needed to meet this emergency, subject to the limitations of section 252.33, Florida Statutes. In exercising the powers delegated by this Order, the State Coordinating Officer shall confer with the Governor to the fullest extent practicable. The State Coordinating Officer shall also have the authority to:
Seek direct assistance and enter into agreements with any and all agencies of the United States Government as may be needed to meet the emergency.
Designate additional Deputy State Coordinating Officers, as necessary.

Suspend the effect of any statute, rule, or order that would in any way prevent, hinder, or delay any mitigation, response, or recovery action necessary to cope with this emergency.
Enter orders as may be needed to implement any of the foregoing powers; however, the requirements of sections 252.46 and 120.54(4), Florida Statutes , do not apply to any such orders issued by the State Coordinating Officer; however, no such order shall remain in effect beyond the expiration of this Executive Order, to include any extension.
Section 3. I order the Adjutant General to activate the Florida National Guard, as needed, to deal with this emergency.

Section 4. I find that the special duties and responsibilities resting upon some State,  region al, and local agencies and other governmental bodies in responding to the emergency may require them to suspend the application of the statutes, rules, ordinances, and orders they administer. Therefore, I issue the following authorizations:
Pursuant to section 252.36(1)(a), Florida Statutes, the Executive Office of the Governor may suspend all statutes and rules affecting budgeting to the extent necessary to provide budget authority for state agencies to cope with this emergency. The requirements of sections
252.46 and 120.54(4), Florida Statutes, do not apply to any such suspension issued by the Executive Office of the Governor ; however, no such suspension shall remain in effect beyond the expiration of this Executive Order, to include any extension.
Each State agency may suspend the provisions of any regulatory statute prescribing the procedures for conduct of state business or the orders or rules of that agency, if strict compliance with the provisions of any such statute, order, or rule would in any way prevent, hinder, or delay necessary action in coping with the emergency. This includes, but is not limited to, the authority to suspend any and all statutes, rules, ordinances, or orders which affect leasing , printing, purchasing, travel, and the condition of employment and the compensation of employees. For the purposes of this Executive Order, " necessary action in coping with the emergency" means any emergency mitigation, response, or recovery action: (1) prescribed in the State Comprehensive Emergency Management Plan ("CEMP"); or (2) ordered by the State Coordinating Officer. The requirements of sections 252.46 and 120.54, Florida Statutes, shall not apply to any such suspension issued by a State agency; however, no such suspension shall remain in effect beyond the expiration of this Executive Order, to include any extensions.

In accordance with section 465.0275, Florida Statutes, phannacists may dispense up to a 30-day emergency prescription refill of maintenance medication to persons who reside in an area or county covered under this Executive Order and to emergency personnel who have been activated by their state and local agency but who do not reside in an area or county covered by this Executive Order.
In accordance with section 252.38, Florida Statutes, each political subdivision within the State of Florida may waive the procedures and fonnalities otherwise required of the political subdivision by law pertaining to:
Perfonnance of public work and taking whatever prudent action is necessary to ensure the health, safety, and welfare of the community;
Entering into contracts; however, political subdivisions are cautioned against entering into time and materials contracts without ceiling as defined by 2 CFR 200.318(j) or cost plus percentage contracts as defined by 2 CFR 200.323(d);
Incurring obligations;

Employment of pennanent and temporary workers;

Utilization of volunteer workers;

Rental of equipment ;

Acquisition and distribution, with or without compensation, of supplies, materials, and facilities; and,
Appropriation and expenditure of public funds.

All State agencies responsible for the use of State buildings and facilities may close such buildings and facilities in those portions of the State affected by this emergency, to the extent necessary to meet this emergency. I direct each State agency to report the closure of any State

building or facility to the Secretary of the Department of Management Services. Under the authority contained in section 252.36, Florida Statutes, I direct each County to report the closure of any building or facility operated or maintained by the County or any political subdivision therein to the Secretary of the Department of Management Services. Furthermore, I direct the Secretary of the Department of Management Services to:
Maintain an accurate and up-to-date list of all such closures; and,

Provide that list daily to the State Coordinating Officer.

Section 5. I find that the demands placed upon the funds appropriated to the agencies of the State of Florida and to local agencies are unreasonably great and the funds currently available may be inadequate to pay the costs of coping with this emergency. In accordance with section 252.37(2), Florida Statutes, I direct that sufficient funds be made available, as needed, by transferring and expending moneys appropriated for other purposes, moneys from unappropriated surplus funds, or from the Budget Stabilization Fund.
Section 6. All State agencies entering emergency final orders or other final actions in response to this emergency shall advise the State Coordinating Officer contemporaneously or as soon as practicable.
Section 7. Medical professionals and workers, social workers, and counselors with good and valid professional licenses issued by states other than the State of Florida may render such services in Florida during this emergency for persons affected by this emergency with the condition that such services be rendered to such persons free of charge, and with the further condition that such services be rendered under the auspices of the American Red Cross or the Florida Department of Health.

Section 8. All activities taken by the Director of the Division of Emergency Management and the State Health Officer and Surgeon General with respect to this emergency before the issuance of this Executive Order are ratified. This Executive Order shall expire sixty days from this date unless extended.

IN TESTIMONY WHEREOF, I have hereunto set my hand and caused the Great Seal of the State of Florida to be affixed, at Tallahassee, this 9th day of

March, 2::0.._	.,..

ATTEST:

STATE OF FLORIDA
OFFICE OF THE GOVERNOR EXECUTIVE ORDER NUMBER 20-69
(Emergency Management- COVID-19 -  Local Government Public Meetings)

WHEREAS, on March 1, 2020, I issued Executive Order 20-51 directing the Florida Department of Health to issue a Public Health Emergency as a result of COVID-19; and
WHEREAS, on March 1, 2020, the State Surgeon General and State Health Officer declared a Public Health Emergency exists in the State of Florida as a result of COVID-19; and
WHEREAS, on March 9, 2020, I issued Executive Order 20-52 declaring a state of emergency for the entire State of Florida as a result of COVID-19; and
WHEREAS, on March 16, 2020, President Donald J. Trump and the Centers for Disease Control and Prevention ("CDC") issued the "15 Days to Slow the Spread" guidance advising individuals to adopt far-reaching social distancing measures, such as working from home and avoiding gatherings of more than 10 people; and
WHEREAS, on March 17, 2020, I wrote a letter to Attorney General Ashley  Moody seeking an advisory opinion regarding concerns raised by local government bodies  about  their ability to hold meetings through teleconferencing and other technological means in order to protect the public and follow the CDC guidance regarding social distancing; and
WHEREAS, on March 19, 2020, Attorney General Ashley Moody delivered an opinion to me indicating that certain provisions of Florida law require a physical quorum be present for local government bodies to conduct official business, and that local government bodies may only conduct meetings by teleconferencing or other technological means if either a statute permits a quorum to be present by means other than in person, or that the in person requirement for constituting a quorum is lawfully suspended during the state of emergency; and

WHEREAS, it is necessary and appropriate to take action to ensure  that  COVID-19 remains controlled , and that residents and visitors in Florida remain safe and secure;
NOW, THEREFORE, I, RON DESANTIS, as Governor of Florida, by virtue of the authority vested in me by rticle IV, Section (l)(a) of the Florida Constitution , Chapter 252, Florida Statutes, and all other applicable laws, promulgate the following Executive Order to take immediate effect:
Section 1.	I hereby suspend any Florida Statute that requires a quorum to be present in

person or requires a local government body to meet at a specific public place.

Section 2.	Local government  bodies may utilize communications media technology,

such as telephonic and video conferencing, as provided in section 120.54(5)(b)2., Florida Statutes.

Section 3. This Executive Order does not waive any other requirement  under the  Florida Constitution and "Florida's Government in the Sunshine Laws," including Chapter 286, Florida Statutes.
Section 4.	This Executive Order shall expire at the expiration of Executive Order 20- 52, including any extension.

IN TESTIMONY WHEREOF, I have hereunto set my hand and caused the Great Seal of the State of Florida to be affixed, at Tallahassee, this 20th da T of March, 20
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STATE OF FLORIDA
OFFICE OF THE GOVERNOR EXECUTIVE ORDER NUMBER 20-112
(Phase 1: Safe. Smart. Step-by-Step. Plan for Florida's Recovery)

WHEREAS, on March 9, 2020, I issued Executive Order 20-52 declaring a state of emergency for the entire State of Florida as a result of COVID-19; and
WHEREAS, on April 3, 2020, I issued Executive Order 20-91 and Executive Order

directing all persons in Florida to limit their movements and personal interactions outside of their home only to those necessary to obtain or provide essential services or conduct essential activities; and
WHEREAS, my administration has implemented a data-driven strategy devoted to

high-volume testing and aggressive contact tracing, as well as strict screening protocols in long-term care facilities to protect vulnerable residents; and
WHEREAS, data collected by the Florida Department of Health indicates the State

has achieved several critical benchmarks in flattening the curve, including a downward trajectory of hospital visits for influenza-like illness and COVID-19-like syndromic cases, a decrease in percent positive test results, and a significant increase in hospital capacity since March 1, 2020; and
WHEREAS, during the week of April 20, 2020, I convened the Task Force to Re­

Open Florida to evaluate how to safely and strategically re-open the State; and

WHEREAS, the path to re-opening Florida must promote business operation and economic recovery while maintaining focus on core safety principle s.

NOW, THEREFORE, I, RON DESANTIS, as Governor of Florida, by virtue of the authority vested in me by Article IV, Section (l)(a) of the Florida Constitution and Chapter 252, Florida Statutes, and all other applicable laws, promulgate the following
Executive Order:

Section 1.	Phase 1 Recovery

In concert with the efforts of President Donald J. Trump and the White House Coronavirus Task Force, and based on guidance provided by the White House and the Centers for Disease Control and Prevention (CDC), the Occupational Safety and Health Administration (OSHA), and the Florida Surgeon General and State Health Officer, Dr. Scott Rivkees , I hereb y adopt the following in response to the recommendations in Phase 1 of the plan published by the Task Force to Re-Open Florida.
Section 2.	Responsible Individual Activity

All persons in Florida shall continue to limit their personal interactions outside the home ; however , as of the effective date of this order, persons in Florida may provide or obtain:
All services and activities currently allowed, i.e., those described in

Executive Order 20-91 and its attachments, which include activities detailed in Section 3 of Executive Order 20-91, the U.S. Department of Homeland Security in its Guidance on the Essential Critical Infrastructure Workforce and a list propounded by Miami-Dade County in multiple orders (as of April 1, 2020), as well as other services and activities approved by the State Coordinating Officer. Such services should continue to follow safety

guidelines issued by the CDC and OSHA. If necessary, employee screening or use of personal protective equipment should continue.
Additional services responsibly provided in accordance with Sections 3 and 4 of this order in counties other than Miami-Dade, Broward and Palm Beach. In Miami-Dade, Broward and Palm Beach counties, allowances for services and activities from Sections 3 and 4 of this order will be considered in consultation with local leadership.
Except as provided in Section 2(A)( I) of this order, senior citizens and individuals with a significant underlying medical condition (such as chronic lung disease, moderate-to-severe asthma, serious heart conditions, immunocompromised status, cancer, diabetes, severe obesity, renal failure and liver disease) are strongly encouraged to stay at home and take all measures to limit the risk of exposure to COVID-19.
For the duration of this order, all persons in Florida should:

l. Avoid congregating in large groups. Local jurisdictions shall ensure that groups of people greater than ten are not permitted to congregate in any public space that does not readily allow for appropriate physical distancing.
Avoid nonessential travel, including to U.S. states and cities outside of Florida with a significant presence ofCOVID-19.
Adhere to guidelines from the CDC regarding isolation for 14 days following travel on a cruise or from any international destination and any area with a significant presence of COVID-19.

This order extends Executive Order 20-80 (Airport Screening and Isolation) and Executive Order 20-82 (Isolation oflndividuals Traveling to Florida), with exceptions for persons in volve d in military, eme rgency, health or infrastructure response or involved in commercial activity. This order extends Sections 1 (C) and 1(D) of Executive Order 20-86 (Additional Requirements of Certain Individuals Traveling to Florida), which authorize the Department of Transportation, with assistance from the Florida Highway Patrol and county sheriffs, to continue to implement checkpoints on roadways as necessary.
Section.3.	Businesses Restricted by Previous Executive Orders

Unless I direct otherwise, for the duration of this order, the following applies to businesses directly addressed by my previous Executive Orders:
Bars, pubs and nightclubs that derive more than 50 percent of gross revenue from the

sale of alcoholic beverages shall continue to suspe nd the sale of alcoholic beverages for on-premises consumption. This provision extends Executive Order 20-68, Section 1 as modified by Executive Order 20-71, Sections 1 and 2.
Restaurants and food establishments licensed under Chapters 500 or 509, Florida Statutes, may allow on-premises consumption of food and beverage, so long as they adopt appropriate social distancing measures and limit their indoor occupancy to no more than 25 percent of their building occupancy. In addition, outdoor seating is permissible with appropriate social distancing. Appropriate social distancing requires maintaining a minimum of 6 feet between parties, only seating parties of 10 or fewer people and keeping bar counters closed to sea ting. This provision

extends Executive Order 20-68, Section 3 and supersedes the conflicting provisions of Executive Order 20-71, Section 2 regarding on-premises food consumption.
Gyms and fitness centers closed by Executive Order 20-71 shall remain closed.

0 . The prohibition on vacation rentals in Executive Order 20-87 remains in effect for the duration of this order.
E. The Department of Busine ss and Professional Regulation shall utilize its authorities under Florida law to implement and enforce the provisions of this  order  as appropriate.
Section 4.	Other Affected Business Services

Unless I direct othe rwise, for the duration of this order, the followin g applies to other business services affected by my previou s Executive Orders:
In-store retail sales establishments may open storefronts if they operate at no more than 25 percent of their building occupancy and abide by the safety guidelines issued by the CDC and OSHA.
Museums and libraries may open at no more than 25 percent of their building occupancy, provided, however, that (a) local public museums and loc al public libraries may operate only if permitted by local government, and (b) any components of museums or libraries that have interactive functions or exhibits, including child play areas, remain closed.
Section 5.	Medical Procedure s

Subject to the conditions outlined below, elective procedures prohibited by Exec utive Order 20-72 may resume when this order goes into effect. A hospital ambulatory surgical center , office surgery center, dental office, orthodontic office, endodontic office or other health care

practitioners ' office in the State of Florida may perform procedures prohibited by Executive Order 20-72 only if:
The facility has the capacity to immediately convert additional facility-identified surgical and intensive care beds for treatment of COVID-19 patients in a surge capacity situation;
The facility has adequate personal protective equipment (PPE) to complete all medical procedures and respond to COVID-19 treatment needs, without the facility seeking any additional federal or state assistance regarding PPE supplies;
The facility has not soug ht any additional federal, state, or local government assistance regarding PPE supplies since resuming elective procedures; and
The facility has not refused to provide support to and proactively engage with skilled nursing facilities, assisted living facilities and other long-term care residential providers.
The Agency for Health Care Administration and the Department of Health shall utilize their authority under Florida law to further implement and enforce these requirements. This order supersedes the conflicting provisions of Executive Order 20-72.
Section 6.	Previous Executive Orders Extended

The Executive Order 20-69 (Local Government Public Meetings) is extended for the duration of this order.
Section 7.	Enforcement

This order shall be enforced under section 252.47, Florida Statutes. Violation of this order is a second-degree misdemeanor pursuant to section 252.50, Florida Statutes, and is punishable by imprisonment not to exceed 60 days, a fine not to exceed $500, or both.

Section 8.	Effective Date

This order is effective at 12:0I a.m. on May 4, 2020.

IN TESTIMONY WHEREOF , I have hereunto set my hand and caused the Great Seal of the State of Florida to be affixed, at Tallahassee, this 29th day of April, 2020.

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POITRAS EAST COMMUNITY DEVELOPMENT DISTRICT
NOTICE OF PUBLIC MEETING HELD DURING PUBLIC HEALTH EMERGENCY DUE TO COVID-19

Notice is hereby given that the Board of Supervisors (“Board”) of the Poitras East Community Development District (“District”) will hold a regular meeting of the Board of Supervisors on May 19, 2020, at 4:00 p.m., to be conducted by means of communications media technology, pursuant to Executive Orders 20-52, 20-69, and 20-112 issued by Governor DeSantis on March 9, 2020, March 20, 2020, and April 29, 2020 respectively, as such orders may be extended, and pursuant to Section 120.54(5)(b)2., Florida Statutes. The meeting is being held for the necessary public purpose of approving the Fiscal Year 2021 Proposed Budget and at such time the Board is so authorized and may consider any business that may properly come before it.

While it is necessary to hold the above referenced meeting of the District’s Board of Supervisors utilizing communications media technology due to the current COVID-19 public health emergency, the District fully encourages public participation in a safe and efficient manner. Toward that end, anyone wishing to listen and participate in the meeting can do so telephonically at 1-844-621-3956; Access Code: 796 580 192. Additionally, participants are encouraged to submit questions and comments to the District Manager in advance at (407) 723-5900 to facilitate the Board’s consideration of such questions and comments during the meeting.

A copy of the agenda may be obtained at the offices of the District Manager, c/o PFM Group Consulting, LLC, 12051 Corporate Boulevard, Orlando, Florida 32817, Phone: (407) 723-5900 (“District Manager’s Office”) during normal business hours or from the District’s website at http://poitraseastcdd.com/.

The meeting is open to the public and will be conducted in accordance with the provisions of Florida law for community development districts. The meeting may be continued to a date, time, and place to be specified on the record at such meeting. There may be occasions when Board Supervisors or District Staff may participate by speaker telephone.

Any person requiring special accommodations at the meeting because of a disability or physical impairment should contact the District Manager’s Office at least forty-eight (48) hours prior to the meeting. If you are hearing or speech impaired, please contact the Florida Relay Service by dialing 7-1-1, or 1-800-955-8771 (TTY) / 1-800-955-8770 (Voice), for aid in contacting the District Manager’s Office.

Each person who decides to appeal any decision made by the Board with respect to any matter considered at the meeting is advised that person will need a record of proceedings and that accordingly, the person may need to ensure that a verbatim record of the proceedings is made, including the testimony and evidence upon which such appeal is to be based.

Jennifer Walden District Manager

Poitras East Community Development District

Minutes of the April 21, 2020 Board of Supervisors’ Meeting

POITRAS EAST COMMUNITY DEVELOPMENT DISTRICT BOARD OF SUPERVISORS’ MEETING MINUTES

FIRST ORDER OF BUSINESS

The Board of Supervisors’ Meeting for the Poitras East Community Development District was called to order on Tuesday, April 21, 2020, at 4:00 p.m. via telephonic conferencing due to the COVID-19 Executive Orders 20-52 & 20-69.
Present Via Speakerphone:

Richard Levey	Chairperson	(via phone)	
Rob Adams	Vice-Chair	(via phone)	
Heather Isaacs	Assistant Secretary	(via phone)	
Ralph Ireland	Assistant Secretary	(via phone)	
Brent Schademan	Assistant Secretary	(via phone)	

Also, attending via phone:

Jennifer Walden	PFM	(via phone)	
Lynne Mullins
Kevin Plenzler Tucker Mackie	PFM

Hopping Green & Sams	(via phone)

(via phone)	
Jeff Newton	Donald W. McIntosh Associates, Inc.(via phone)
Larry Kaufmann	Construction Supervisor & Construction Committee Member (via phone)	
Scott Thacker	District Landscape Member	Supervisor & Construction Committee (via phone)	

SECOND ORDER OF BUSINESS		
Public Comment Period	
Dr. Levey asked for any public comments.			

THIRD ORDER OF BUSINESS		
Discussion	Regarding	Executive	
Orders 20-52 and 20-69.

Included in the packet are the executive orders which state that the District can hold their meetings via telephonic conferencing due to the COVID-19 situation. Also, included is a proof of the ad that was placed for today’s meeting which notes those executive orders as well as the telephonic conferencing information so the public can safely join.

FOURTH ORDER OF BUSINESS	Consideration of the Minutes of the February 18, 2020 Board of Supervisors Meeting

The Board reviewed the minutes of the February 18, 2020, Board of Supervisors Meeting.

On Motion by Ms. Isaacs, second by Mr. Ireland, with all in favor, the Board of Supervisors for the Poitras East Community Development District approved the Minutes of the February 18, 2020, Board of Supervisors Meeting.

FIFTH ORDER OF BUSINESS	Consideration	of	Appointment	to Construction Committee

Mr. Kaufman explained Troy Davidson is no longer able to serve on the Construction Committee and he would like the Board to consider the appointment of Chris Wilson to assume his position on the Construction Committee.

On Motion by Mr. Ireland, second by Mr. Schademan, with all in favor, the Board of Supervisors for the Poitras East Community Development District appointed Chris Wilson to a position on the Construction Committee.

SIXTH ORDER OF BUSINESS	Review of Fiscal Year 2021 Operations & Maintenance Budget

Ms. Walden explained a number of field operation line items were added to the budget in response to the Board’s previous request to make provisions for a greater degree of operation and maintenance activity in the District. The purpose for today’s meeting is to answer any questions, address any line items the Board would like to see adjusted or look into including any new items. The plan is to take those items, work with the Construction Committee at the next meeting to adjust the budget and then bring back a final proposed budget for the Board to approve at the May Board Meeting.

Ms. Mackie stated the anticipation is to have the Developer fund the Budget again, but the direction was to start developing the budget to account for field operations that may come online or will be planned in the future. She discussed the line item for Alleyway Maintenance. Ms. Walden expressed if the District stays Developer funded, the Developer would only pay costs incurred not the overall proposed budget.

Dr. Levey asked if there is an Assessment Methodology approved for the District. Ms. Mackie stated the District does not have an Assessment Methodology for Operations and Maintenance Assessments in place. Dr. Levey asked the Board if they are comfortable with this level of proposed funding. No action required by the Board.

SEVENTH ORDER OF BUSINESS	Ratification of Payment Authorization Nos. 054 – 061

Dr. Levey noted these have been approved and paid and just need to be ratified by the Board.

On Motion by Ms. Isaacs, second by Mr. Ireland, with all in favor, the Board of Supervisors for the Poitras East Community Development District ratified Payment Authorization Nos. 054 – 061.

EIGHTH ORDER OF BUSINESS	Recommendation	of	Work Authorization/Proposed Services

Mr. Kaufmann noted that there are none for this District.

NINTH ORDER OF BUSINESS	Review of District’s Financial Position and Budget to Actual YTD

The Board reviewed the financials. No action is required by the Board.

TENTH ORDER OF BUSINESS	Staff Reports

District Counsel –	Ms. Mackie explained it is likely that at the May meeting District Counsel will present a resolution to proceed with the Bond Validation. The District will also likely begin the Chapter 170 process for the levying of assessments.

District Manager –	The next meeting is scheduled for Tuesday, May 19, 2020.

District Engineer –	Mr. Newton updated the Board on some construction items (Minutes Exhibit A). The construction of Phase 1A, Luminary Blvd. has commenced by the Developer. Phase 1B will be the next to commence and is currently in the design and permitting process. It is anticipated that construction of Phase 1B will commence in the next few months along with Street A and Lift Station C, which are also in the design and permitting process. Phase 1C of Luminary Blvd. and Segment G of Centerline Drive are also in design and permitting but are held up due to environmental issues with releases of portions of the Primary Conservation Network and conservation easement. The same is the case for Phase 1D, which is Selten Way. It is also impacted by the need to release a portion of the Primary Conservation Network.

A question was asked about the design for Phases 1C and 1D because they are on hold. Mr. Newton said the plans for Phases 1C and 1D were submitted to the City and the South Florida Water Management District. The only outstanding comments are related to the release of the PCN and the Conservation Easement.

Construction Supervisor –	No Report

ELEVENTH ORDER OF BUSINESS	Supervisor and Audience Comments & Adjournment

There were no Supervisor requests or audience comments. Dr. Levey requested a motion to adjourn.

On Motion by Ms. Isaacs, second by Mr. Ireland, with all in favor, the April 21, 2020, meeting of the Board of Supervisors for the Poitras East Community Development District was adjourned.

Secretary/Assistant Secretary	Chair/Vice Chair

EXHIBIT A

MEMORANDUM

DATE:
DONALD W. MCINTOSH ASSOCIATES,  INC.	TO:

FROM:

RE:

April 21, 2020

Poitras East Community Development District Board of Supervisors

Donald W. McIntosh Associates, Inc. District Engineer

Construction Contract Status

Dear Board Members,

Please accept this correspondence as a current summary of our construction contract status. Listed below by project is a brief summary of recent contract activity. Copies of the latest Change Order logs are attached.

CIVIL ENGINEERS

LAND PLANNERS

SURVEYORS

Infrastructure Phase lA- Jr. Davis Construction Compan v, Inc.

Construction Status: This project is part of the CIP but is currently being undertaken by the Developer. Construction is in its early stages, with material deliveries anticipated to start the week of April 20, 2020. Current construction work consists of dewatering and excavation.

Change Order (C.O.) Status: None

Recommended Motion: None

Miscellaneous

Design and permitting of Infrastructure Phase 1B is underway, as is the first segment of Street A, with construction by the Developer anticipated to commence within the next several months, Design and permitting of Phase 1C and 1D are currently on hold pending resolution of environmental matters. The design and permitting of the off-site force main extension is in its preliminary stages.

Should there be any questions, please do not hesitate to call. Thank you.

2200 Park Ave. North

Winter Park, FL

End of memorandum.
c:		Larry Kaufmann Scott Thacker Chris Wilson Dan Young TarekFahmy

32789-2355

Fax 407-644-8318

407-644-4068

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Poitras East Community Development District

Ms. Isaacs’ Resignation Letter & Naming a Replacement Supervisor for Seat 5

RESIGNATION

The undersigned, Heather Isaacs, hereby resigns as Assistant Secretary and Director of Board of Supervisors of the Poitras East Community Development District effective as of April
22, 2020.

Heather Isaacs

Poitras East Community Development District

Mr. Ireland’s Resignation Letter & Naming a Replacement Supervisor for Seat 3

RESIGNATION

The undersigned, Ralph Ireland, hereby resigns as Assistant Secretary and Director of Board of Supervisors of the Poitras East Community Development District effective as of April 15, 2020.

Ralph Ireland

Poitras East Community Development District

Supervisor of Elections
-	Orange County

                                                       

                                                                             

        

                                                                                                      	   

Poitras East Community Development District

Resolution 2020-09,
Designating a Date, Time and Location for the 2020 Landowners’ Meeting

RESOLUTION 2020-09

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE POITRAS EAST COMMUNITY DEVELOPMENT DISTRICT DESIGNATING A DATE, TIME AND LOCATION FOR A LANDOWNERS’ MEETING AND ELECTION; PROVIDING FOR PUBLICATION; ESTABLISHING FORMS FOR THE LANDOWNER ELECTION; AND PROVIDING FOR SEVERABILITY AND AN EFFECTIVE DATE.

WHEREAS, Poitras East Community Development District (“District”) is a local unit of special-purpose government created and existing pursuant to Chapter 190, Florida Statutes, being situated entirely within the City of Orlando, Orange County, Florida; and

WHEREAS, pursuant to Section 190.006(1), Florida Statutes, the District’s Board of Supervisors (“Board”) “shall exercise the powers granted to the district pursuant to [Chapter 190, Florida Statutes],” and the Board shall consist of five members; and

WHEREAS, the District is statutorily required to hold a meeting of the landowners of the District for the purpose of electing Board Supervisors for the District on a date in November established by the Board, which shall be noticed pursuant to Section 190.006(2), Florida Statutes.

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

EXISTING BOARD SUPERVISORS; SEATS SUBJECT TO ELECTIONS. The Board is currently made up of the following individuals:

Seat Number	Supervisor	Term Expiration Date	
1	Richard Levey	11/2022	
2	Brent Schademan	11/2022	
3	Ralph Ireland	11/2020	
4	Rob Adams	11/2020	
5	Vacant	11/2020	

This year, Seat 3, currently held by Brent Schademan, Seat 4, currently held by Ralph Ireland and Seat 5, currently vacant, are subject to election by landowners in November 2020. The two candidates receiving the highest number of votes shall be elected for a term of four (4) years. The candidate receiving the next highest number of votes shall be elected for a term of two (2) years. The term of office for each successful candidate shall commence upon election.

LANDOWNER’S ELECTION. In accordance with Section 190.006(2), Florida Statutes, the meeting of the landowners to elect Board Supervisor(s) of the District shall be held on the 17th day of November, 2020, at 4:00 p.m., and located at 6900 Tavistock Lakes Boulevard, Suite 200, Orlando, Florida 32827.

PUBLICATION. The District’s Secretary is hereby directed to publish notice of the landowners’ meeting and election in accordance with the requirements of Section 190.006(2), Florida Statutes.

FORMS. Pursuant to Section 190.006(2)(b), Florida Statutes, the landowners’

meeting and election have been announced by the Board at its May 19, 2020 meeting. A sample notice of landowners’ meeting and election, proxy, ballot form and instructions were presented at such meeting and are attached hereto as Exhibit A. Such documents are available for review and copying during normal business hours at the District’s Local Records Office, located at 12051 Corporate Boulevard, Orlando, Florida 32817, or at the office of the District Manager, PFM Group Consulting, LLC, located at 12051 Corporate Boulevard, Orlando, Florida 32817.

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 become effective upon its passage.

PASSED AND ADOPTED THIS 19th DAY OF MAY, 2020.

POITRAS EAST COMMUNITY DEVELOPMENT DISTRICT

ATTEST:	CHAIRMAN / VICE CHAIRMAN

SECRETARY / ASSISTANT SECRETARY

EXHIBIT A

NOTICE OF LANDOWNERS’ MEETING AND ELECTION AND MEETING OF THE BOARD OF SUPERVISORS OF THE POITRAS EAST COMMUNITY DEVELOPMENTDISTRICT

Notice is hereby given to the public and all landowners within Poitras East Community Development District (“District”) the location of which is generally described as comprising a parcel or parcels of land containing approximately 1,060.689 acres generally located west of Narcoossee Road, north and east of Boggy Creek Road, and south of the Central Florida Greeneway and of the Lake Nona property located in the City of Orlando, Florida, advising that a meeting of landowners will be held for the purpose of electing three (3) people to the District’s Board of Supervisors (“Board”, and individually, “Supervisor”). Immediately following the landowners’ meeting there will be convened a meeting of the Board for the purpose of considering certain matters of the Board to include election of certain District officers, and other such business which may properly come before the Board.

DATE:	November 17, 2020
TIME:	4:00 p.m.
PLACE:	6900 Tavistock Lakes Boulevard Suite 200
Orlando, Florida 32827

Each landowner may vote in person or by written proxy. Proxy forms may be obtained upon request at the office of the District Manager, 12051 Corporate Boulevard, Orlando, Florida 32817, Ph: (407) 723-5900 (“District Manager’s Office”). At said meeting each landowner or his or her proxy shall be entitled to nominate persons for the position of Supervisor and cast one vote per acre of land, or fractional portion thereof, owned by him or her and located within the District for each person to be elected to the position of Supervisor. A fraction of an acre shall be treated as one acre, entitling the landowner to one vote with respect thereto. Platted lots shall be  counted individually and rounded up to the nearest whole acre. The acreage of platted lots shall not be aggregated for determining the number of voting units held by a landowner or a landowner’s proxy. At the landowners’ meeting  the landowners shall select a person to serve as the meeting chair and who shall conduct the meeting.

The landowners’ meeting and the Board meeting are open to the public and will be conducted in accordance with the provisions of Florida law. One or both of the meetings may be continued to a date, time, and place to be specified on the record at such meeting. A copy of the agenda for these meetings may be obtained from the District Manager’s Office. There may be an occasion where one or more supervisors will participate by telephone.

Any person requiring special accommodations to participate in these meetings is asked to contact the District Manager’s Office, at least 48 hours before the hearing. If you are hearing or speech impaired, please contact the Florida Relay Service by dialing 7-1-1, or 1-800-955-8771 (TTY) / 1-800-955-8770 (Voice), for aid in contacting the District Manager’s Office.

A person who decides to appeal any decision made by the Board with respect to any matter considered at the meeting is advised that such person will need a record of the proceedings and that accordingly, the person may need to ensure that a verbatim record of the proceedings is made, including the testimony and evidence upon which the appeal is to be based.

Jennifer Walden District Manager
Run Date(s): 	&  	

PUBLISH: ONCE A WEEK FOR 2 CONSECUTIVE WEEKS, THE LAST DAY OF PUBLICATION TO BE  NOT FEWER THAN 14 DAYS OR MORE THAN 28 DAYS BEFORE THE DATE OF ELECTION, IN A NEWSPAPER WHICH IS IN GENERAL CIRCULATION IN THE AREA OF THE DISTRICT

INSTRUCTIONS RELATING TO LANDOWNERS’ MEETING OF
POITRAS EAST COMMUNITY DEVELOPMENTCOMMUNITY DEVELOPMENT DISTRICT FOR THE ELECTION OF SUPERVISORS

DATE OF LANDOWNERS’ MEETING: November 17, 2020

TIME: 4:000 P.M.

LOCATION:	6900 Tavistock Lakes Boulevard
Suite 200
Orlando, Florida 32827

Pursuant to Chapter 190, Florida Statutes, and after a Community Development District (“District”) has been established and the landowners have held their initial election, there shall be a subsequent landowners’ meeting for the purpose of electing members of the Board of Supervisors (“Board”) every two years until the District qualifies to have its board members elected by the qualified electors of the District. The following instructions on how all landowners may participate in the election are intended to comply with Section 190.006(2)(b), Florida Statutes.

A landowner may vote in person at the landowners’ meeting, or the landowner may nominate a proxy holder to vote at the meeting in place of the landowner. Whether in person or by proxy, each landowner shall be entitled to cast one vote per acre of land owned by him or her and located within the District, for each position on the Board that is open for election for the upcoming term. A fraction of an acre shall be treated as one (1) acre, entitling the landowner to one vote with respect thereto. For purposes of determining voting interests, platted lots shall be counted individually and rounded up to the nearest whole acre. Moreover, please note that a particular parcel of real property is entitled to only one vote for each eligible acre of land or fraction thereof; therefore, two or more people who own real property in common, that is one acre or less, are together entitled to only one vote for that real property.

At the landowners’ meeting, the first step is to elect a chair for the meeting, who may be any person present at the meeting. The landowners shall also elect a secretary for the meeting who may be any person present at the meeting. The secretary shall be responsible for the minutes of the meeting. The chair shall conduct the nominations and the voting. If the chair is a landowner or proxy holder of a landowner, he or she may nominate candidates and make and second motions. Candidates must be nominated and then shall be elected by a vote of the landowners. Nominees may be elected only to a position on the Board that is open for election for the upcoming term.

This year, three (3) seats on the Board will be up for election by landowners. The two candidates receiving the highest number of votes shall be elected for a term of four (4) years. The candidate  receiving the next highest number of votes shall be elected for a term of two (2) years. The term of office for each successful candidate shall commence upon election.

A proxy is available upon request. To be valid, each proxy must be signed by one of the legal owners of the property for which the vote is cast and must contain the typed or printed name of the individual who signed the proxy; the street address, legal description of the property or tax parcel identification number; and the number of authorized votes. If the proxy authorizes more than one vote, each property must be listed and the number of acres of each property must be included. The signature on a proxy does not need to be notarized.

LANDOWNER PROXY

POITRAS EAST COMMUNITY DEVELOPMENTDISTRICT CITY OF ORLANDO, ORANGE COUNTY, FLORIDA LANDOWNERS’ MEETING – NOVEMBER 	, 2020

KNOW ALL MEN BY THESE PRESENTS, that the undersigned, the fee simple owner of the lands described herein, hereby constitutes and appoints (“Proxy Holder”) for and on behalf of the undersigned, to vote as proxy at the meeting of the landowners of the Poitras East Community Development District to be held at 6900 Tavistock Lakes Boulevard, Suite 200, Orlando, Florida 32827, on November 17, 2020, at 4:00 p.m., and at any adjournments thereof, according to the number of acres of unplatted land and/or platted lots owned by the undersigned landowner that the undersigned would be entitled to vote if then personally present, upon any question, proposition, or resolution or any other matter or thing that may be considered at said meeting including, but not limited to, the election of members of the Board of Supervisors. Said Proxy Holder may vote in accordance with his or her discretion on all matters not known or determined at the time of solicitation of this proxy, which may legally be considered at said meeting.

Any proxy heretofore given by the undersigned for said meeting is hereby revoked. This proxy is to continue in full force and effect from the date hereof until the conclusion of the landowners’ meeting and any adjournment or adjournments thereof, but may be revoked at any time by written notice of such revocation presented at the landowners’ meeting prior to the Proxy Holder’s exercising the voting rights conferred herein.

Printed Name of Legal Owner		
Signature of Legal Owner

Parcel Description		Date

Acreage	

Authorized Votes	

[Insert above the street address of each parcel, the legal description of each parcel, or the tax identification number of each parcel. If more space is needed, identification of parcels owned may be incorporated by reference to an attachment hereto.]

Total Number of Authorized Votes:

NOTES: Pursuant to Section 190.006(2)(b), Florida Statutes (2017), a fraction of an acre is treated as one (1) acre entitling the landowner to one vote with respect thereto. For purposes of determining voting interests, platted lots shall be counted individually and rounded up to the nearest whole acre. Moreover, two (2) or more persons who own real property in common that is one acre or less are together entitled to only one vote for that real property.

If the fee simple landowner is not an individual, and is instead a corporation, limited liability company, limited partnership or other entity, evidence that the individual signing on behalf of the entity has the authority to do so should be attached hereto (e.g., bylaws, corporate resolution, etc.).

OFFICIAL BALLOT
POITRAS EAST COMMUNITY DEVELOPMENTCOMMUNITY DEVELOPMENT DISTRICT CITY OF ORLANDO, ORANGE COUNTY, FLORIDA
LANDOWNERS’ MEETING - NOVEMBER 17, 2020

For Election (3 Supervisors): The two (2) candidates receiving the highest number of votes will each
receive a four (4) year term, and the one (1) candidate receiving the next highest number of votes will receive a two (2) year term, with the term of office for the successful candidates commencing upon election.

The undersigned certifies that he/she/it is the fee simple owner of land, or the proxy holder for the fee simple owner of land, located within the Poitras East Community Development District and described as follows:

Description	Acreage

[Insert above the street address of each parcel, the legal description of each parcel, or the tax  identification number of each parcel.] [If more space is needed, identification of parcels owned may be incorporated by reference to an attachment hereto.]

or

Attach Proxy.

I,	 	,	as	Landowner,	or	as	the	proxy	holder	of
 	 (Landowner) pursuant to the Landowner’s Proxy attached hereto, do cast my votes as follows:

SEAT #	NAME OF CANDIDATE	NUMBER OF VOTES	
3			
4			
5			

Date: 		Signed:  	
Printed Name:  	

Poitras East Community Development District

First Amendment to Website Services Agreement

FIRST AMENDMENT TO THE AGREEMENT BETWEEN THE POITRAS EAST COMMUNITY DEVELOPMENT DISTRICT AND NEWAGETUTORS LLC, D/B/A VGLOBALTECH, FOR TECHNICAL AND HUMAN WEBSITE AUDITING SERVICES
THIS FIRST AMENDMENT is made and entered into as of the 19th day of May, 2020, by and between:

POITRAS EAST COMMUNITY DEVELOPMENT DISTRICT, a local unit of special- purpose government established pursuant to Chapter 190, Florida Statutes, with a mailing address of 12051 Corporate Boulevard, Orlando, Florida 32817 (the “District”), and

NEWAGETUTORS LLC, D/B/A VGLOBALTECH, a Florida limited liability company, with a mailing address of 636 Fanning Drive, Winter Springs, Florida 32708 (hereinafter “Contractor,” together with District the “Parties”).

RECITALS

WHEREAS, the District is a special-purpose unit of local government established pursuant to and governed by Chapter 190, Florida Statutes;

WHEREAS, the District previously entered into that certain Agreement between the Poitras East Community Development District and NewAgeTutors LLC, d/b/a VGlobalTech, for Technical and Human Website Auditing Services, dated September 17, 2019 (“Agreement”);

WHEREAS, pursuant to Section 10.M. of the Agreement, the parties desire to amend the Agreement to provide for additional services and compensation by and through this First Amendment to the Agreement (“First Amendment”); and

WHEREAS, the District and Contractor warrant and agree that they have all right, power and authority to enter into and be bound by this First Amendment.

NOW THEREFORE, in consideration of the recitals, agreements, and mutual covenants contained herein, and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged by the parties, the parties agree as follows:

SECTION 1. The recitals so stated are true and correct and by this reference are incorporated into and form a material part of this First Amendment.

SECTION 2. Section 2 of the Agreement is hereby amended to add the following additional services as subsection 2.A, as further described in in Contractor’s proposal attached hereto as Exhibit A (“Additional Services”). Section 2 of the Agreement shall not otherwise be altered or amended, except to add the following language:

MAINTENANCE. Contractor shall provide an ongoing maintenance of the Website to ensure continued compliance with WCAG. Specifically, Contractor shall:

provide assistive support via telephone and/or email up to one (1) hour per month, including regularly corresponding with the District staff regarding remediated documents, providing updates to the Website, and providing recommendations of remedial actions, as needed. Notwithstanding the foregoing, the District may request that Contractor attend a conference call or an in-person meeting of the District to review metrics, results and summaries of maintenance performed to-date;
remediate new documents identified by the District to accessible formats for assistive technologies, as needed, including new agenda materials. In the event that the District is allowed access to Contractor’s proprietary batch conversion software (“Software”) that creates compliant documents, the District shall first remediate new documents using the Software. If conversion by Software fails to produce a compliant document, then Contractor shall remediate new documents within 24 hours of the District’s request;
provide and update Contractor’s Compliance Shield and Accessibility Policy, which may need to be updated from time to time, for display and use on the Website;
secure “https” certification and provide premium, secure “cloud” hosting with fail-over, automated, and regular back-up measures to ensure continued functionality and accessibility of the Website (collectively, “Hosting”). Hosting shall also include, but not be limited to, unlimited file space, bandwidth, fast website response, and 99.9% website uptime;
provide any and all other effort reasonably necessary to allow the District to receive the maximum benefit of the Services contemplated by this Agreement and Exhibit A.
SECTION 3. As compensation for the Additional Services described herein, District  agrees to pay Contractor One Hundred Twenty-Five Dollars ($125.00) per month pursuant to the terms of the Agreement. District agrees to compensate Contractor for support exceeding ten (10) hours per month at a rate of Fifty-Five Dollars ($55.00) per hour.

SECTION 4. Except as specifically amended above, the Agreement shall remain in full force and effect, unaltered by this First Amendment.

[Remainder of page intentionally left blank]

IN WITNESS WHEREOF, the parties hereto have signed this First Amendment on the day and year first written above.

Attest:	POITRAS EAST COMMUNITY DEVELOPMENT DISTRICT

Secretary/Assistant Secretary	Chairman, Board of Supervisors

NEWAGETUTORS LLC, D/B/A VGLOBALTECH

By:   	

Witness		Print:	 Its:    	

Print Name of Witness

Website Maintenance Proposal For Poitras East CDD

Date	Version#	Comments	Author	
April 7, 2020	1.0	Created Proposal	VB Joshi	

VGlobalTech is the ADA, WCAG Compliance Expert and leading Web design company, with over 300 ADA & WCAG compliant websites created (….and counting) to-date! We have partnered with a non-profit agency to conduct Human Audit and Certification Seal.
Visit https://vglobaltech.com/website-compliance/ for details.

COPYRIGHT ©: This proposal and the contents within this document are solely created by VGlobalTech team for its customers and cannot be reproduced, copied, modified or distributed (including forwarding to other customers, competitors, web designers etc.) without the written consent of VGlobalTech. VGlobalTech company holds Intellectual Property* details along with company software details that must not be shared with others without the written permission of the company. The proposal and software details are customized for the requesting customer and cannot be applied to any other customer / asset / solution. This document does not apply to a case if it is not exclusively sent to you by VGlobalTech upon request.
Any violations are punishable under the law and shall be prosecuted.

* VGlobalTech has developed unique ADA and WCAG compliance expertise, optimized website templates, compliance multi-step procedure and quality control, document conversion software
and test procedures. Contact us for details of VGlobalTech’s Intellectual Property.

Table of Contents
Pricing	4
Monthly Maintenance, Hosting and Email Support	4
2.0	Proposal Acceptance:	6

Pricing
Monthly Maintenance, Hosting and Email Support

Maintenance contract is required for VGlobalTech’s proprietary document conversion software (PDF to RTF) to be used that allows faster, accurate and batch processing for document conversion.

	Task	
1.	Full content upload support to regularly keep site updated (includes all documents, audit reports, agendas, meeting minutes, events etc). Update turnaround time – less than 24 hrs from customer sending the content and documents to be updated to VGT team.	
2.	PDF Documents conversion (to Text, HTML etc) as needed (new documents during the maintenance year only) for ADA Compliance / Reader Compliance. VGlobalTech’s proprietary batch conversion software shall be used by our team for faster batch-conversion processing as long as the contract is valid (big time saver that creates compliant documents that can be uploaded to the website). If Auto conversion fails, VGlobalTech team shall perform manual OCR and conversion within 24 hrs.	
3.	Email accounts setup and support	
	
Total Monthly Maintenance with full content upload, document conversion:
$125 / month

*support beyond 10 hrs. / month / CDD shall be billed at $55 / hr. separately (VGlobalTech team shall be responsible to track and report hours exceeded, if any)
***Monthly maintenance must be paid before the 10th of every month	

This proposal includes following points, stipulations terms and conditions:
*(1) conference call or in person meetings per month with client to review metrics, results and monthly recaps *unless otherwise noted
* email and phone communication
*Anything out of the scope of work in the above proposal will be addressed and client will be immediately notified. After notification of additional work, a subsequent quote will be provided to cover that work.
*Client is responsible to adhering to timelines as far as information required to complete the task is concerned. If timelines are not adhered to and exceed 15 business days past the current marketing months, last day, all work will end. A new month with new allocated costs will be presented for future work to commence. No refunds and owed work will be due unless otherwise agreed upon. An Invoice will be provided once signature approval of this project proposal. Payments will be made to VGLOBALTECH
*Client is responsible for verifying quality of work, providing feedback, verifying that compliance has been met as required. VGlobalTech team shall not be responsible for any legal ramifications arising from work not done as per external agencies / organizations / associations needs if proper feedback is not provided by the customer. VGlobalTech’s work will be in best faith but cannot guarantee all compliance / legal needs since we are not the final authority in the ADA or WCAG compliance area. VGlobalTech shall not be liable for any legal ramifications arising from compliance issues and cannot be held responsible for any legal or other lawsuits.
Refund Policy: The client may halt work and request for a refund within seven days of the date of signing this services agreement by mailing a signed letter to the main address listed on www.VGlobalTech.com website. If client requests a refund within seven days of the date of signing their agreement, they shall be liable to pay for all work completed and will be refunded the remaining balance of the initial payment if billable work has not exceeded a charge that would be greater than client’s initial payment. If client requests a refund after the seven days from the date of the signing of the agreement client is liable to pay for all work completed plus an additional 25% of any remaining balance that may still be due. Once line item projects are complete no refunds will be issued. Confidentiality: All information between client and service provider  inclusive of technical and business information relating to proprietary ideas, patentable ideas and/or trade secrets, existing and/or contemplated products and services, research and development, production, costs, profit and margin information, finances and financial projections, customers, clients, marketing, and current or future business plans and models, regardless of whether such information is designated as “Confidential Information” at the time of its disclosure and will be treated as such and with absolute confidentiality and will not be shared or used, which will be maintained at all times. The client is not allowed to disclose their price with any third parties. Doing so is in breach of this agreement. All information development will be shared and proprietary information and property between client and service providers.

Proposal Acceptance:

The VGlobalTech proposed solution and terms have been accepted by the customer and the VGlobalTech can proceed with the project. All payments shall be made according to this agreement.

Website, Monthly Maintenance w/ Hosting and Email support

Signatures:

For Customer	Date

VB Joshi

For VGlobalTech	Date

Poitras East Community Development District

Resolution 2020-10,
Approving a Preliminary Budget for Fiscal Year 2021 and Setting a Public Hearing Date

RESOLUTION 2020-10

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE POITRAS EAST COMMUNITY DEVELOPMENT DISTRICT APPROVING A PROPOSED BUDGET FOR FISCAL YEAR 2020/2021 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 Poitras East Community Development District (“District”) prior to June 15, 2020, a proposed budget (“Proposed Budget”) for the fiscal year beginning October 1, 2020 and ending September 30, 2021 (“Fiscal Year 2020/2021”); 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 POITRAS EAST COMMUNITY DEVELOPMENT DISTRICT:

PROPOSED BUDGET APPROVED. The Proposed Budget prepared by the District Manager for Fiscal Year 2020/2021 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:	August 18, 2020 HOUR:
LOCATION:

TRANSMITTAL OF PROPOSED BUDGET TO LOCAL GENERAL PURPOSE GOVERNMENTS. The District Manager is hereby directed to submit a copy of the Proposed Budget to the City of Orlando and Orange 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 19th DAY OF MAY, 2020.

ATTEST:	POITRAS EAST COMMUNITY DEVELOPMENT DISTRICT

By: 	

Secretary/Assistant Secreatry	Its: 	

Poitras East CDD
FY 2021 Proposed O&M Budget

Year To Date

Actual Through 04/30/2020	Anticipated May
- Sep.	Anticipated FY 2020 Total	FY 2020
Adopted Budget	FY 2021
Proposed Budget	

$	50,000.00	
$	60,997.22	
$ 110,997.22	
$ 182,550.00	
$ 361,225.00	
$	50,000.00	$	60,997.22	$ 110,997.22	$ 182,550.00	$ 361,225.00	

$	2,200.00	
$	2,000.00	
$	4,200.00	
$	4,800.00	
$	4,800.00	
2,306.00	-	2,306.00	2,500.00	3,000.00	
-	-	-	6,000.00	6,000.00	
20,416.69	14,583.31	35,000.00	35,000.00	37,500.00	
5,564.48	3,974.63	9,539.11	12,000.00	12,000.00	
-	-	-	5,000.00	5,000.00	
12,080.11	8,628.65	20,708.76	25,000.00	25,000.00	
-	-	-	7,500.00	7,500.00	
-	-	-	500.00	500.00	
1,000.00	2,000.00	3,000.00	6,000.00	6,000.00	
-	208.33	208.33	500.00	500.00	
-	41.67	41.67	100.00	100.00	
12.70	9.07	21.77	100.00	500.00	
-	41.67	41.67	100.00	500.00	
2,197.51	1,569.65	3,767.16	8,000.00	8,000.00	
-	3,552.08	3,552.08	8,525.00	8,500.00	
875.00	1,825.00	2,700.00	2,700.00	2,700.00	
175.00	-	175.00	175.00	175.00	
$	46,827.49	$	38,434.06	$	85,261.55	$ 124,500.00	$ 128,275.00	

$	-	

$	-	

$	-	

$	-	

$	2,500.00	

-	
-	
-	
-	
10,000.00	

2,819.00	
-	
2,819.00	
3,050.00	
3,200.00	
-	-	-	-	1,500.00	
-	-	-	-	250.00	
-	-	-	-	10,000.00	
-	22,916.67	22,916.67	55,000.00	75,000.00	
-	-	-	-	5,000.00	
-	-	-	-	10,000.00	
-	-	-	-	10,000.00	
-	-	-	-	20,000.00	

-	
-	
-	
-	
3,000.00	
-	-	-	-	5,000.00	
-	-	-	-	30,000.00	
-	-	-	-	500.00	
-	-	-	-	10,000.00	

-	
-	
-	
-	
12,000.00	

-	
-	
-	
-	
20,000.00	
-	-	-	-	5,000.00	
$	2,819.00	$	22,916.67	$	25,735.67	$ 58,050.00	$ 232,950.00	

$	49,646.49	
$	61,350.73	
$ 110,997.22	
$ 182,550.00	
$ 361,225.00	

$	353.51	
$	(353.51)	
$	-	
$	-		
				$	-	

Change in Year Variance

Revenues
Developer Contributions
Net Revenues

General & Administrative Expenses
Supervisor Fees D&O Insurance Trustee Services Management Engineering Dissemination Agent District Counsel
Assessment Administration Reamortization Schedules Audit
Travel and Per Diem Telephone
Postage & Shipping Copies
Legal Advertising Miscellaneous
Web Site Maintenance Dues, Licenses, and Fees
Total General & Administrative Expenses

Field Operations
Electric Utility Services
Electric
Water-Sewer Combination Services
Water Reclaimed
Other Physical Environment
General Insurance
Property & Casualty Insurance Other Insurance
Irrigation Repairs
Landscaping Maintenance & Material Tree Trimming
Flower & Plant Replacement Contingency
Hurricane Cleanup
Road & Street Facilities Entry and Wall Maintenance Hardscape Maintenance Streetlights
Accent Lighting Alleyway Maintenance
Parks & Recreation
Personnel Leasing Agreement
Reserves
Infrastructure Capital Reserve Alleyway Reserve
Total Field Operations Expenses

Total Expenses

Net Income (Loss)

 

 

 

 

Page 1 of 1

$	178,675.00
$	178,675.00

- 500.00
- 2,500.00
-
-
-
-
-
-
-
- 400.00
400.00
- (25.00)
-
- 3,775.00

- 2,500.00

10,000.00

150.00
1,500.00
250.00
10,000.00
20,000.00
5,000.00
10,000.00
10,000.00
20,000.00

3,000.00
5,000.00
30,000.00
500.00
10,000.00

12,000.00

20,000.00
5,000.00
174,900.00

178,675.00

-

Poitras East Community Development District

District Management Fee Increase Letter for Fiscal Year 2021

May 14, 2020

Mr. Richard Levey
Chairman of the Board of Supervisors
Poitras East Community Development District 12051 Corporate Boulevard
Orlando, FL 32817 Dear Mr. Levey:

12051 Corporate Blvd.
Orlando, FL 32817
407.723.5900

pfm.com

Thank you for the opportunity to continue serving as District Manager to the Poitras
East Community Development District (the ”District”). The agreement in place between our firm and the District dated January 15, 2019 provides for the review and adjustment annually of our fees pursuant to the District’s annual budget process. We are respectfully requesting a fee increase from $35,000 to $37,500 for the year.

Please note this change will be effective on the billing for October 2020, in conjunction with the District’s new Fiscal Year.

Provided the changes are acceptable, please have an authorized official of the District sign and return a copy of this letter to us to acknowledge the increase.

Sincerely,
PFM GROUP CONSULTING LLC

Senior Managing Consultant

Accepted by:

(Signature)

(Print Name)

(Date)

Poitras East Community Development District

Matters Pertaining to District Financing

Poitras East Community Development District

Matters Pertaining to Validation

Poitras East Community Development District

Engineers Report for Validation

ENGINEER’S REPORT AND CAPITAL IMPROVEMENT PROGRAM FOR VALIDATION

POITRAS EAST COMMUNITY DEVELOPMENT DISTRICT

May 19, 2020

FOR

POITRAS EAST COMMUNITY DEVELOPMENT DISTRICT

ORLANDO, FLORIDA

BY:

DONALD W. McINTOSH ASSOCIATES, INC.
2200 PARK AVENUE NORTH WINTER PARK, FL 32789

ENGINEER’S REPORT AND CAPITAL IMPROVEMENT PROGRAM

POITRAS EAST COMMUNITY DEVELOPMENT DISTRICT

BACKGROUND
The POITRAS EAST COMMUNITY DEVELOPMENT DISTRICT (District)
was established under City of Orlando Ordinance No. 2018-38 adopted by the City Council with an effective date of July 9, 2018. It is located on approximately 1,061 acres of land. As of the date of this report, all real property located within the District is owned by TDCP, LLC, who will act as the Master Developer (Developer) of the property, and Pulte Home Company, LLC. The District has been created as a unit of special-purpose government to construct, acquire, finance and maintain certain necessary public infrastructure improvements as described herein. This Engineer’s Report and Capital Improvement Program (Report) has been prepared at the request of the District.

The District is generally located east of Boggy Creek Road, south of State Road 417 (the “Central Florida Greeneway”), west of Narcoossee Road, and south of Lake Nona in the City of Orlando, Florida as depicted on attached Exhibit “A.” The lands within the District are currently encompassed within the Poitras East Planned Development (PD), which was approved by the City of Orlando on December 10, 2018. Roughly 778 acres within the District are considered developable for residential, commercial and institutional uses as approved in the Poitras East PD. A map of the District is included as Exhibit “B.”

The Capital Improvement Program (CIP) included herein reflects the proposed improvements within the currently approved District boundary and

F:\Proj2017\17170\ENGadmin\Prod\Engineer's CIP Reports\Engineer's CIP Report 2020\Engineer's Report 051920 - validation.docx

Poitras East Community Development District Engineer’s Report and Capital Improvement Program Page 2

miscellaneous off-site improvements, which will be discussed later in this Report.

As represented by the Developer, the currently contemplated Master Plan represents development of public infrastructure improvements to support a development program of approximately:
200,000 sq. ft. of retail, restaurant and other non-residential uses;
2,567 residential dwelling units;
Elementary/Middle school (Kindergarten – 8th grade);
Fire station
Minor revisions to the currently contemplated development program can be implemented if consistent with the City-approved Planned Development. Ultimate build-out is presently expected to occur over an estimated period of ten (10) years.

OBJECTIVE
This Report has been prepared to assist with the financing and construction of various necessary public infrastructure improvements contemplated to be constructed, acquired and/or installed to provide safe and adequate access, utilities, etc. within the District. This Report presents a narrative description of the major components included within the infrastructure systems and current Engineer’s opinions of probable costs for completing the District-related improvements necessary to support the development of the lands located within the District. The CIP is anticipated to be implemented in phases and includes:

Poitras East Community Development District Engineer’s Report and Capital Improvement Program Page 3

Initial Phase
Luminary Boulevard (Phase 1) - a ±7,900-foot long 4-lane divided roadway with three roundabouts extending westerly from Narcoossee Road to Centerline Drive Extension
Centerline Drive Extension (Segment G) - a ±1,300-foot long 2-lane roadway, ±750 feet of which extends northerly from a roundabout on Luminary Boulevard to the northern District boundary and ±550 feet of which extends outside of the District, continuing northerly to the proposed southern terminus of Centerline Drive (Segment F) within the adjacent Greeneway Improvement District in Lake Nona
Selten Way - a ±2,100-foot long 2-lane roadway running northerly from a roundabout on Luminary Boulevard to a new roundabout to be constructed by the District on Laureate Boulevard, with the connection to Laureate Boulevard lying outside of the District within the adjacent Greeneway Improvement District in Lake Nona
Street A (Phase 1) - a ±1,900-foot long 2-lane roadway running southerly from a roundabout on Luminary Boulevard, with a future planned extension to Boggy Creek Road
Public subdivision infrastructure, including roadways, alleys, drainage facilities and utility systems.
Turn lane improvements and traffic signal improvements located outside of the District at the intersection of Luminary Boulevard and Narcoossee Road to accommodate dual northbound left turn lanes and a continuous southbound right turn lane along the commercial frontage
Two (2) sanitary sewage lift stations and associated force mains

Poitras East Community Development District Engineer’s Report and Capital Improvement Program Page 4

Approximately 4,200 linear feet of off-site force main improvements running generally parallel to Narcoossee Road and extending northerly to Tavistock Lakes Boulevard

Future Phase
Luminary Boulevard (Phase 2) - a ±950-foot long 4-lane divided roadway running from the roundabout at Centerline Drive to Jim Branch Creek, including 50% of the cost of a bridge crossing of Jim Branch Creek, the balance of which is anticipated to be borne by development on the west side of the creek
Centerline Drive Extension (Segment H) - a ±3,400-foot long 2-lane roadway, ±2,900 feet of which extends southerly from the roundabout on Luminary Boulevard to the southern District boundary and ±500 feet of which extends outside of the District and continues to intersect with Boggy Creek Road in Osceola County
Street A (Phase 2) - a ±1400-foot long 2-lane roadway extending southerly from the southerly terminus of Street A (Phase 1) to Boggy Creek Road in Osceola County
Public subdivision infrastructure, including roadways, alleys, drainage facilities and utility systems.
Turn lane improvements and potential traffic signal improvements located outside of the District at the intersections of Centerline Drive and Street A with Boggy Creek Road
One (1) sanitary sewage lift station and associated force main

The CIP reflected in this Report represents the present intentions of the Developer and the District. The implementation of any CIP discussed in this plan requires final approval by many regulatory and permitting agencies

Poitras East Community Development District Engineer’s Report and Capital Improvement Program Page 5

including the City of Orlando. The actual improvements described herein may vary from the CIP discussed in this Report. If additional improvements not described herein are identified, this Report may be amended to reflect such additional improvements.

Engineer’s opinions of probable costs contained in this Report have been prepared based on the Engineer’s opinion and interpretation of the best available information at this time. The actual costs of construction, engineering design, planning, approvals and permitting may vary from the cost opinions presented herein.

TRANSPORTATION (ROADWAY) IMPROVEMENTS
Several new roadways are required to develop the District. The roadway improvements comprising the primary roadway infrastructure include approximately nineteen thousand (19,000) linear feet of roads, including one major east-west roadway and three (3) north-south roadways that will provide ingress and egress throughout the District, interconnectivity with adjacent development, and connectivity with additional collector roads that will serve future residential, commercial, and support development within the District. Approximately one thousand fifty (1,050) linear feet of these roads will be constructed outside of the District boundaries for regional connectivity with the Lake Nona transportation infrastructure to the north and the Osceola County roadway system to the south.

The primary roadway infrastructure includes those roadways necessary to provide safe and adequate access to the lands within the District. A graphic depiction of these primary roadways is set forth in Exhibit “C.” Sheet 1 of Exhibit “C” contains a depiction of improvements listed above as “Initial

Poitras East Community Development District Engineer’s Report and Capital Improvement Program Page 6

Phase” construction. Sheet 2 of Exhibit “C” includes a depiction of the “Future Phase” construction.

All roads constructed by the District will be public roadways and are proposed to be constructed using asphalt concrete surface with curb sections and sidewalks. Some will have on-street parking, asphalt trails and/or bicycle paths. Luminary Boulevard, Centerline Drive and Selten Way will include landscaped parkways and/or medians while Street A is intended to be more urban in nature. The roads constructed by the District will ultimately be owned, operated and maintained by the City of Orlando; however, the District will maintain the landscaping and irrigation within the City rights-of-way.

The   Developer   has   obtained   approval   for   funding   under   the   BUILD Transportation Discretionary Grant program, which may help to offset some costs that would normally be expected to be borne by the District; however, the potential effect of BUILD Grant funding has not been factored into the estimated costs included in this report. The Developer is also pursuing potential transportation impact fee credits that may be available to offset the costs of transportation infrastructure; however, the applicability and amount are uncertain so they have not been factored into the estimated infrastructure costs included in this report.

An allowance has been included for the cost to acquire the right-of-way required to construct the necessary roadway improvements. The actual value of the right-of-way will be determined by appraisal and approved by the District’s Board of Supervisors prior to acquisition at a cost not to exceed the appraised value. For the purposes of this report and based on guidance from the Developer, the District’s monetary cost for right-of-way is assumed to be
$85,000.00 per acre and is utilized for the estimates presented herein.

Poitras East Community Development District Engineer’s Report and Capital Improvement Program Page 7

POTABLE WATER, RECLAIMED WATER, & SANITARY SEWER FACILITIES
The potable water distribution system for the District will include a potable water main extension that connects to the Orlando Utilities Commission (OUC) water mains in Narcoossee Road and in Centerline Drive. Distribution mains will run generally within the primary roadway corridors described above with the objective that the potable water distribution system will serve as a source of potable water and fire protection water for all of the development within the District. The potable water facilities constructed by the District will ultimately be owned, operated and maintained by the Orlando Utilities Commission.

The reclaimed water distribution system for the District will include a reclaimed water main extension that connects to the City of Orlando reclaimed water mains in Narcoossee Road and in Centerline Drive. Like the potable water mains, the reclaimed water distribution mains will run generally within the primary roadway corridors described above with the objective that the reclaimed water distribution system will ultimately serve as a source of non- potable (irrigation) water for all of the development within the District. The District will only fund the operating cost of providing reclaimed water to District-owned common areas and landscaped right-of-way areas. The reclaimed water facilities constructed by the District will ultimately be owned, operated and maintained by the City of Orlando.

The sanitary sewer system for the District includes three wastewater lift stations and the associated sanitary sewer force mains. This system will initially connect to an existing 12-inch Orange County Utilities (OCU) force main in Narcoossee Road but will provide for a future connection to a new force main to be constructed parallel to Narcoossee Road extending northerly from the

Poitras East Community Development District Engineer’s Report and Capital Improvement Program Page 8

District to Tavistock Lakes Boulevard, where it will connect to a planned force main extension to be constructed by OCU. Based on available information, the cost of this parallel force main is anticipated to be borne by the District and is therefore included in the District’s CIP. Two of the lift stations (LS-B and LS-C) are included in the Initial Phase of the CIP while the remaining lift station (LS-D) is included as a Future Phase improvement. These sanitary sewer facilities, along with contributing gravity sewer collection systems, will act as the wastewater collection and transmission systems for all development within the District. The sanitary sewer facilities constructed by the District will ultimately be owned, operated and maintained by Orange County or the District.

ELECTRICAL DUCT BANK AND STREET LIGHT CONDUIT
The infrastructure roadway corridors will accommodate a plastic pipe duct bank system and plastic pipe street light conduits, manholes and pull boxes. This duct bank system and conduit network will enable the efficient distribution of electric power provided by Orlando Utilities Commission (OUC) to the development, including power to the street lights. The proposed duct bank system will run within the rights-of-way or easements established for the primary roadway corridors and be placed as part of the initial roadway construction to significantly limit the amount of disruption required to provide these needed services as development progresses. Street light conduit and the street light network are also intended to be completed concurrent with the roadway construction. Off-site connections to the OUC transmission facilities will occur around the project boundary at strategic locations to be defined by OUC. These duct bank and conduit systems are included in the CIP. The electrical duct banks and conduits constructed by the District will ultimately be owned, operated and maintained by the Orlando Utilities Commission.

Poitras East Community Development District Engineer’s Report and Capital Improvement Program Page 9

STORMWATER MANAGEMENT AND DRAINAGE FACILITIES
To enable construction of the public infrastructure improvements required to support the District, a site-wide master stormwater management system will be implemented. This master stormwater management system will consist of a series of surface water retention/detention ponds enabling treatment and attenuation of stormwater runoff from development within the District. The surface water retention/detention ponds will be constructed by the Developer; therefore, this CIP does not include costs for those improvements. Drainage works consisting of roadway inlets, collector pipes, manholes, outfall pipes, etc. to be constructed within the proposed infrastructure roadways will collect stormwater runoff and convey it to the master stormwater management system. These drainage improvements are included in this CIP and are identified as “Drainage Works” in the estimates that follow.

At present, no allowance is included in the attached estimates for acquisition of the retention/detention stormwater management area tracts (real estate) required to construct the necessary master stormwater management improvements given the current understanding that the ponds will be owned, operated and maintained by the Developer. Discussions are ongoing regarding the ultimate ownership, operation and maintenance of the stormwater retention/detention pond system, which may ultimately be by the District, the City of Orlando, the Developer or applicable owners’ association(s).

RECREATION FACILITIES AND AMENITIES
One of the major components of creating a community is the implementation of special common area and recreation facility improvements. The proposed development plan for the project includes the creation of several special amenities and “places,” which will help create a sense of community. These areas include park facilities and select land clearing and wetland edge cleaning.

Poitras East Community Development District Engineer’s Report and Capital Improvement Program Page 10

The District fully supports an elevated level of quality throughout the Poitras East PD; however, the CIP does not anticipate District funding of recreational facilities or amenities beyond the District’s intent to incorporate upgraded street sign poles, upgraded street lighting, and enhanced streetscaping, including community identification monuments. All other recreational facilities and/or amenities are anticipated to be funded by the Developer or their successor in title.

PUBLIC SUBDIVISION INFRASTRUCTURE IMPROVEMENTS
The District may also construct public infrastructure improvements within residential subdivisions, including roadways, alleys, drainage facilities and utility systems serving these communities. A design concept for these residential subdivisions is included as Exhibit “D.” All subdivision infrastructure constructed by the District will ultimately be owned, operated and maintained by the City of Orlando with the exception of the public alleys, which will be owned and operated by the City of Orlando with maintenance anticipated to be shared between the City of Orlando and the District. The District’s maintenance responsibility for these public alleys is to be limited to the asphalt pavement.

Although there are gated communities planned within the limits of the District, the private subdivision infrastructure serving these gated communities is not included in the District’s Capital Improvement Program. These private improvements will be constructed by residential builders/developers and will ultimately be owned, operated and maintained by a residential homeowners’ association.

Poitras East Community Development District Engineer’s Report and Capital Improvement Program Page 11

DESIGN/PERMITTING AND CONTINGENCY
Estimated soft costs associated with the CIP are included in the Opinion of Probable Costs included herein. These include but are not limited to:
design/engineering/permitting;
land surveying;
legal consulting;
environmental consulting;
regulatory permitting;
materials testing;
as-built surveying; and
observation during construction to assure the site is constructed as designed and maintained in a safe and secure manner until sufficient infrastructure is in place to allow for dedication to the appropriate jurisdictional or regulatory agency.

A project contingency estimate has also been included.

COST ESTIMATES FOR DEVELOPMENT IMPROVEMENTS
A summary of the Engineer’s Opinion of Probable Costs is provided as Table 1. A listing of the entities expected to receive the dedication of various improvements along with the entities expected to assume responsibility for operation and maintenance of the facilities is provided in Table 2.

The opinions of probable costs provided in this Report represent only those facilities to be designed, constructed, and/or installed by the District. Costs are based upon the Engineer’s opinion and interpretation of the best available information; however, costs will vary based on final site planning, final engineering, approvals from regulatory agencies and economic factors.

In our opinion, the estimated costs identified herein are reasonable and sufficient for the design, construction and/or installation of the CIP.

Table 1
ENGINEER'S OPINION OF PROBABLE COST POITRAS EAST COMMUNITY DEVELOPMENT DISTRICT
CAPITAL IMPROVEMENT PROGRAM May 19, 2020

Component	
Initial Phase Improvements Estimated Cost	Proposed Future
Improvements Estimated Cost	
Total District Capital Improvement Program	
Roadway Construction	$17,162,000	$27,874,000	$45,036,000	
Potable Water	$2,595,000	$4,985,000	$7,580,000	
Sanitary Sewer	$3,707,000	$7,121,000	$10,828,000	
Reclaimed Water	$1,854,000	$3,561,000	$5,415,000	
Duct Bank Undergrounding/Street Lights	$4,078,000	$7,833,000	$11,911,000	
Drainage	$6,673,000	$12,818,000	$19,491,000	
Landscape and Irrigation	$5,190,000	$9,970,000	$15,160,000	
Soft Costs	$4,513,000	$8,669,000	$13,182,000	
	$45,772,000	$82,831,000	$128,603,000	

The estimated cost of Roadway Construction includes estimated cost of right‐of‐way acquisition, subject to an MAI appraisal and Board approval.

An allowance for wetland mitigation costs is included in the estimated cost of Roadway Construction.

Improvements identified in the Capital Improvement Plan, whether they are identified within the "Initial Phase Improvements" or the "Proposed Future Improvements" in the chart above, may be financed with proceeds of any series of Bonds or other available capital, subject to Board approval.

This opinion of probable cost represents the Engineer's judgment as a design professional and is supplied for the general guidance of the District. The Engineer has no control over the cost of labor and material, competitive bidding or market conditions. While it is the Engineer's opinion that the costs identified herein are reasonable and sufficient for the design, construction and/or installation of the CIP, the Engineer does not guarantee the accuracy of such opinions as compared to contractor bids or actual cost to the District.

F:\Proj2017\17170\ENGadmin\Prod\Engineer's CIP Reports\Engineer's CIP Report 2020\Engineer's Report 051920 - validation.docx

TABLE 2
POITRAS EAST COMMUNITY DEVELOPMENT DISTRICT OWNERSHIP, OPERATION & MAINTENANCE SUMMARY May 19, 2020

DISTRICT CONSTRUCTED
SYSTEM	OWNERSHIP	OPERATION AND MAINTENANCE ENTITY	
Public Roadways	City of Orlando	City of Orlando	
Potable Water	Orlando Utilities Commission	Orlando Utilities Commission	
Sanitary Sewer	Orange County Utilities / District	Orange County Utilities / District	
Reclaimed Water	City of Orlando	City of Orlando	
Electrical Duct Bank/Street Lights*	Orlando Utilities Commission	Orlando Utilities Commission	
Drainage Works	City of Orlando	City of Orlando	
Common Areas / Landscaping	District / City of Orlando	District / City of Orlando	
*It is anticipated that the Orlando Utilities Commission will install, own, operate and maintain street lights under a lease agreement with the District.

F:\Proj2017\17170\ENGadmin\Prod\Engineer's CIP Reports\Engineer's CIP Report 2020\Engineer's Report 051920 - validation.docx-

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CONCEPT PLAN PER GA i CONSULTANTS DATED DE CEMBER 19, 2019
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ENGINEERS	PLANNERS	SURVEYORS
2200 PARK AVENUE NORTH,  WINTER PARK, FL 32789  407.644.4068	

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 	  ENGINEERS	PLANNERS	SURVEYORS
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' 	2200 PARK  AVENUE NORTH,  WINTER  PARK, FL 32789 407.644.4068
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   MAY□J19, 	2020	
CONCEPT PLAN PER GA i CONSU LTAN TS DATED JANUARY 31, 2020 SUBDIVISION PLAN IS CONCEPTUAL AND SUBJECT TO CH ANG E	=E=--=-- DONALD  W.  MCINTOSH  ASSOCIATES,  INC.
ENGINEERS	PLANNERS	SURVEYORS
2200 PARK AVENUE NORTH, WINTER PARK, FL 32789 407.644.4068	

11 24' TH	64	58	26	148 I 16.1%	
Ii 30' SH	6	15	12	33 I 3.7%	
11 30' X 120'	22	48	34	104 I 11.8%	
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11 50 ' X 120'	35	67	34	136 I 15.4%	
I	11 55 ' X 130'	32	59	44	135 I 15.3%	
I	11 70' X 90'	22	0	11	33 I 3.7%	
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Printed: Wed 13-May-2020 - 08: ofOAM

Poitras East Community Development District

Bond Validation Report

BOND VALIDATION REPORT
POITRAS EAST COMMUNITY DEVELOPMENT DISTRICT

May 2020

Prepared for:

Members of the Board of Supervisors,
Poitras East Community Development District

Prepared on May 14, 2020

PFM Financial Advisors LLC
12051 Corporate Boulevard
Orlando, FL 32817

BOND VALIDATION REPORT
POITRAS EAST COMMUNITY DEVELOPMENT DISTRICT May 14, 2020

Introduction

This Bond Validation Report presents PFM Financial Advisors LLC’s (“PFM FA” and/or “Assessment Consultant”) estimate of the total par amount of bonds necessary to fund the public infrastructure, services, and facilities anticipated to be provided by the Poitras East Community Development District (“District”). The par estimate is based on the Assessment Consultant’s estimate for the bond size needed to produce the required capital funding for the District’s public infrastructure.

Background

The District includes approximately 1,061 gross acres of property within its boundaries. The District is generally located east of Boggy Creek Road, south of State Road 417, west of Narcoossee Road, and south of Lake Nona in the City of Orlando, Florida. As outlined in more detail in the “Engineer’s Report and Capital Improvement Program for Validation Poitras East Community Development District,” dated May 19, 2020 (“Engineer’s Report”), as prepared by Donald W. McIntosh Associates, Inc. (“District Engineer”); the CIP is designed to support the following development: 200,000 non-residential square feet, 2,567 residential units, an elementary/middle school, fire station, recreation areas, parks, and related infrastructure. The land use plan as provided in the Engineer’s Report is found in Table 1.

Table 1. Summary of Poitras East Development Program*

Development Program	Development Volume Non-Residential Development (sqft)		200,000 Residential Dwelling Units			2,567
Elementary/Middle School	-
  Fire Station	-  
Source: Donald W. McIntosh Associates, Inc.
*The Development program is subject to change based on marketing and other conditions

CIP - Phased Infrastructure Installation

As outlined in the Engineer’s Report, the District will install the infrastructure necessary to serve the lands within the initial phase and future phase(s). The estimated costs of the initial phase and future phase(s) District infrastructure and improvements (and the estimated costs for the District’s entire CIP) are presented in Table 2.

Table 2. Poitras East Capital Improvement Program

Infrastructure Component	Initial Phase Improvements	Proposed Future Improvements	
Total Estimated Costs	

Roadway Construction	
$17,162,000	
$27,874,000	
$45,036,000	
Potable Water	$2,595,000	$4,985,000	$7,580,000	
Sanitary Sewer	$3,707,000	$7,121,000	$10,828,000	
Reclaimed Water	$1,854,000	$3,561,000	$5,415,000	
Duct Bank Underground/Street Lights	$4,078,000	$7,833,000	$11,911,000	
Drainage	$6,673,000	$12,818,000	$19,491,000	
Landscape & Irrigation	$5,190,000	$9,970,000	$15,160,000	
Soft Costs	$4,513,000	$8,669,000	$13,182,000	
Total	$45,772,000	$82,831,000	$128,603,000	
Source: Donald W. McIntosh Associates, Inc.

2.0	CIP Plan of Finance

The District has advised it intends to finance the majority of its CIP by issuing bonds. It is anticipated, these bonds will be issued in several series, as development progresses within the District. Table 3 summarizes the estimated bond financing program.

As bonds are issued by the District over time, the District will issue supplemental assessment methodology report(s) detailing the particulars of each specific bond issue. The supplemental report(s) will detail the terms, interest rates, and costs associated with a specific series of bonds. The supplemental report(s) will also detail the specific bond debt service assessments for properties that have been assessed to secure each bond issuance.

Table 3. Poitras East CDD Bond Financing Program

Bond Fund	Initial Phase Bonds
Estimate	Future Phase Bonds
Estimate	
Total Bonds Estimate	
Construction/Acquisition Fund	$45,772,000	$82,831,000	$128,603,000	
Debt Service Reserve	$4,715,901	$8,512,507	$13,228,408	
Capitalized Interest	$8,102,700	$14,625,900	$22,728,600	
Costs of Issuance (Including Underwriter's Fee)	$1,425,400	$2,366,800	$3,792,200	
Contingency	$3,999	$3,793	$7,792	
Total Bonds Principal	$60,020,000	$108,340,000	$168,360,000	
Bonds Details
Average Annual Interest Rate:	

6.75%	

6.75%	

6.75%	
Term (Years):	30	30	30	
Capitalized Interest (Months):	24	24	24	
Net Annual Debt Service:	$4,715,901	$8,512,507	$13,228,408	
Source: PFM Financial Advisors LLC

As shown in Table 3, the District’s bonds are anticipated to fund a required debt service reserve, capitalized interest, and the costs of issuance fund in addition to providing funds for the completion of the District’s CIP. The debt service reserve is required by bond purchasers, and it is expected to be set initially at the least of maximum annual debt service, 10% of the proceeds of the bonds, or 125% of average annual debt service. The capitalized interest funds interest that is payable during a portion of the construction period. All bond debt service assessments will be suspended during this period of capitalized interest. The estimated coupon rate of the bonds is estimated at 6.75%. The underwriter’s discount represents the underwriter’s compensation for assisting the District with the structuring and marketing of the District’s bonds and the risk associated with purchasing any unsold balances. The costs of issuance pay the professional fees of the trustee, financial advisor, district counsel, bond counsel, and other ordinary costs associated with issuing the District's bonds. The Assessment Consultant recommends $169,000,000 of bond debt capacity which provides the District ample capacity given the duration and complexity of the development.

Poitras East Community Development District

Resolution 2020-05, Authorizing the Issuance of Bonds and
Authorizing the Commencement of Validation Proceedings

RESOLUTION 2020-05

A RESOLUTION OF POITRAS EAST COMMUNITY DEVELOPMENT DISTRICT AUTHORIZING THE ISSUANCE OF NOT EXCEEDING $169,000,000 PRINCIPAL AMOUNT	POITRAS	EAST	COMMUNITY DEVELOPMENT DISTRICT SPECIAL ASSESSMENT REVENUE BONDS IN ONE OR MORE SERIES, FOR THE PURPOSE OF FINANCING THE CONSTRUCTION AND/OR ACQUISITION BY THE DISTRICT OF THE PUBLIC IMPROVEMENTS AND COMMUNITY FACILITIES PERMITTED BY THE PROVISIONS OF CHAPTER 190, FLORIDA STATUTES AND THE ORDINANCE ESTABLISHING THE DISTRICT; APPROVING A FORM OF A MASTER TRUST INDENTURE; APPROVING AND APPOINTING A TRUSTEE; AUTHORIZING THE COMMENCEMENT OF VALIDATION PROCEEDINGS RELATING TO THE FOREGOING BONDS; AUTHORIZING AND APPROVING OTHER MATTERS RELATING TO THE FOREGOING BONDS; AND PROVIDING AN EFFECTIVE DATE.

WHEREAS, pursuant to Ordinance No. 2018-38 of the City of Orlando, Florida (the “Ordinance”) Poitras East Community Development District (the “District”) was established in the manner provided by law; and

WHEREAS, the District is authorized by the provisions of Chapter 190, Florida Statutes (the “Act”) and the Ordinance and subject to the limitations set forth in the Act and in the Ordinance, to issue its bonds and other evidence of indebtedness for the purpose, among other things, of constructing and/or acquiring public improvements and community facilities set forth in Section 190.012, Florida Statutes, (the “Project”); and

WHEREAS, the Project will provide significant benefits to the lands within its boundaries, is necessary for the public health, safety and welfare and is in the best interest of the District, its landowners and future residents; and

WHEREAS, the District is authorized by the Act to make payments of principal, interest, and premium, if any, with respect to such bonds or other evidence of indebtedness by levying and collecting Pledged Revenues (as defined in the Indenture as defined below); and

WHEREAS, the District now desires to authorize the issuance of its special assessment revenue bonds in one or more series (the “Bonds”), in a principal amount not to exceed
$169,000,000 for the principal purpose of financing the construction and acquisition of the Project, to approve a Master Trust Indenture under which the Bonds will be issued; to appoint a trustee to serve under the Master Trust Indenture, to authorize the validation of the Bonds and to provide for various other matters relating thereto.

NOW THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF POITRAS EAST COMMUNITY DEVELOPMENT DISTRICT as follows:

SECTION 1. Authorization. There is hereby authorized  to  be  issued  not  exceeding $169,000,000 principal amount of Poitras East Community Development District special assessment revenue bonds in one or more series (the “Bonds”). The Bonds shall  be issued under and secured by a Master Trust Indenture, as supplemented by one or more Supplemental Indenture(s) (the “Indenture”). The form of the Master Trust Indenture is attached hereto as Exhibit “A” and, by this reference, is incorporated in this Resolution as if set forth in full herein. The Bonds shall be dated, shall contain such further description, shall mature in amounts and at times, shall bear interest at the rates, and shall be redeemable at the redemption prices and upon the terms, all as shall be set forth in a resolution adopted by the Board of Supervisors (the “Board”) of the District at or before the execution and delivery of each series of the Bonds by the Chairman or Vice Chairman of the Board, which Bonds shall be attested by the Secretary or any Assistant Secretary of the Board, and shall be authenticated by the Trustee under the Indenture.

SECTION 2.      Approval of Master Trust Indenture.   The Master Trust Indenture  is hereby approved in substantially the form set forth in Exhibit “A” hereto and the Chairman or the Vice Chairman of the Board are hereby authorized and directed to execute and deliver such Master Trust Indenture on behalf of and in the name of the District and the Secretary or any Assistant Secretary of the Board is hereby authorized to attest such execution, with such additions and deletions therein as may be made and approved by the Chairman or the Vice Chairman executing the same, such execution to be conclusive evidence of such approval.

SECTION 3. Trustee. The District hereby authorizes and approves U.S. Bank National Association, to serve as Trustee under the Master Trust Indenture and to take the actions required of the Trustee in connection with the execution and delivery of the Bonds.

SECTION 4. Validation. Bond Counsel, Akerman LLP, and District Counsel, Hopping Green & Sams, P.A., are hereby authorized and directed to prepare, file and prosecute proceedings to validate the Bonds in the manner prescribed by the laws of the State of Florida. The District Manager, engineering consultant, financial consultant, Chairman, Vice-Chairman and/or any other members of the Board and staff are hereby directed and authorized to provide such documents and testimony as may be necessary or useful in the prosecution of the validation proceedings as directed by counsel.

SECTION 5.   Open Meetings.   It is hereby found and determined that all acts of  the Board concerning and relating to adoption of this Resolution were taken in open meetings of the Board and all deliberations of the Board that resulted in such official acts were in meetings open to the public in compliance with all legal requirements, including, but not limited to, the requirements of Florida Statutes, Section 286.011, as supplemented and/or amended by Executive Orders 20-52 and 20-69, as may be amended from time to time, issued by the Governor of Florida in connection with the state of emergency declared as a result of COVID-19 pandemic.

SECTION 6. Inconsistent Resolutions and Motions. All prior resolutions of the Board inconsistent with the provisions of this Resolution are hereby modified, supplemented and amended to conform with the provisions herein contained and, except as so modified, supplemented and amended hereby, shall remain in full force and effect.

SECTION 7. Approval of Prior Actions. All  actions  taken  to  date  by  the members of the Board and the staff of the District in furtherance of the issuance of the Bonds are hereby approved, confirmed and ratified.

SECTION 8. Effective  Date.  This  Resolution  shall  become  effective  immediately upon its adoption.
ADOPTED this 19th day of May, 2020.
POITRAS EAST COMMUNITY DEVELOPMENT DISTRICT

By:	 Its: Chairman, Board of Supervisors

Attest:

Its: Secretary

Poitras East Community Development District

Matters Pertaining to Master Special Assessments

Poitras East Community Development District

Updated Engineer’s Report

ENGINEER’S REPORT AND CAPITAL IMPROVEMENT PROGRAM

POITRAS EAST COMMUNITY DEVELOPMENT DISTRICT

May 19, 2020

FOR

POITRAS EAST COMMUNITY DEVELOPMENT DISTRICT

ORLANDO, FLORIDA

BY:

DONALD W. McINTOSH ASSOCIATES, INC.
2200 PARK AVENUE NORTH WINTER PARK, FL 32789

ENGINEER’S REPORT AND CAPITAL IMPROVEMENT PROGRAM

POITRAS EAST COMMUNITY DEVELOPMENT DISTRICT

BACKGROUND
The POITRAS EAST COMMUNITY DEVELOPMENT DISTRICT (District)
was established under City of Orlando Ordinance No. 2018-38 adopted by the City Council with an effective date of July 9, 2018. It is located on approximately 1,061 acres of land. As of the date of this report, all real property located within the District is owned by TDCP, LLC, who will act as the Master Developer (Developer) of the property, and Pulte Home Company, LLC. The District has been created as a unit of special-purpose government to construct, acquire, finance and maintain certain necessary public infrastructure improvements as described herein. This Engineer’s Report and Capital Improvement Program (Report) has been prepared at the request of the District.

The District is generally located east of Boggy Creek Road, south of State Road 417 (the “Central Florida Greeneway”), west of Narcoossee Road, and south of Lake Nona in the City of Orlando, Florida as depicted on attached Exhibit “A.” The lands within the District are currently encompassed within the Poitras East Planned Development (PD), which was approved by the City of Orlando on December 10, 2018. Roughly 778 acres within the District are considered developable for residential, commercial and institutional uses as approved in the Poitras East PD. A map of the District is included as Exhibit “B.”

The Capital Improvement Program (CIP) included herein reflects the proposed improvements within the currently approved District boundary and

F:\Proj2017\17170\ENGadmin\Prod\Engineer's CIP Reports\Engineer's CIP Report 2020\Engineer's Report 051920 - financing.docx

Poitras East Community Development District Engineer’s Report and Capital Improvement Program Page 2

miscellaneous off-site improvements, which will be discussed later in this Report.

As represented by the Developer, the currently contemplated Master Plan represents development of public infrastructure improvements to support a development program of approximately:
200,000 sq. ft. of retail, restaurant and other non-residential uses;
2,567 residential dwelling units;
Elementary/Middle school (Kindergarten – 8th grade);
Fire station
Minor revisions to the currently contemplated development program can be implemented if consistent with the City-approved Planned Development. Ultimate build-out is presently expected to occur over an estimated period of ten (10) years.

OBJECTIVE
This Report has been prepared to assist with the financing and construction of various necessary public infrastructure improvements contemplated to be constructed, acquired and/or installed to provide safe and adequate access, utilities, etc. within the District. This Report presents a narrative description of the major components included within the infrastructure systems and current Engineer’s opinions of probable costs for completing the District-related improvements necessary to support the development of the lands located within the District. The CIP is anticipated to be implemented in phases and includes:

Poitras East Community Development District Engineer’s Report and Capital Improvement Program Page 3

Initial Phase
Luminary Boulevard (Phase 1) - a ±7,900-foot long 4-lane divided roadway with three roundabouts extending westerly from Narcoossee Road to Centerline Drive Extension
Centerline Drive Extension (Segment G) - a ±1,300-foot long 2-lane roadway, ±750 feet of which extends northerly from a roundabout on Luminary Boulevard to the northern District boundary and ±550 feet of which extends outside of the District, continuing northerly to the proposed southern terminus of Centerline Drive (Segment F) within the adjacent Greeneway Improvement District in Lake Nona
Selten Way - a ±2,100-foot long 2-lane roadway running northerly from a roundabout on Luminary Boulevard to a new roundabout to be constructed by the District on Laureate Boulevard, with the connection to Laureate Boulevard lying outside of the District within the adjacent Greeneway Improvement District in Lake Nona
Street A (Phase 1) - a ±1,900-foot long 2-lane roadway running southerly from a roundabout on Luminary Boulevard, with a future planned extension to Boggy Creek Road
Turn lane improvements and traffic signal improvements located outside of the District at the intersection of Luminary Boulevard and Narcoossee Road to accommodate dual northbound left turn lanes and a continuous southbound right turn lane along the commercial frontage
Two (2) sanitary sewage lift stations and associated force mains

Poitras East Community Development District Engineer’s Report and Capital Improvement Program Page 4

Approximately 4,200 linear feet of off-site force main improvements running generally parallel to Narcoossee Road and extending northerly to Tavistock Lakes Boulevard

Future Phase
Luminary Boulevard (Phase 2) - a ±950-foot long 4-lane divided roadway running from the roundabout at Centerline Drive to Jim Branch Creek, including 50% of the cost of a bridge crossing of Jim Branch Creek, the balance of which is anticipated to be borne by development on the west side of the creek
Centerline Drive Extension (Segment H) - a ±3,400-foot long 2-lane roadway, ±2,900 feet of which extends southerly from the roundabout on Luminary Boulevard to the southern District boundary and ±500 feet of which extends outside of the District and continues to intersect with Boggy Creek Road in Osceola County
Street A (Phase 2) - a ±1400-foot long 2-lane roadway extending southerly from the southerly terminus of Street A (Phase 1) to Boggy Creek Road in Osceola County
Turn lane improvements and potential traffic signal improvements located outside of the District at the intersections of Centerline Drive and Street A with Boggy Creek Road
One (1) sanitary sewage lift station and associated force main

The CIP reflected in this Report represents the present intentions of the Developer and the District. The implementation of any CIP discussed in this plan requires final approval by many regulatory and permitting agencies including the City of Orlando. The actual improvements described herein may vary from the CIP discussed in this Report. If additional improvements not

Poitras East Community Development District Engineer’s Report and Capital Improvement Program Page 5

described herein are identified, this Report may be amended to reflect such additional improvements.

Engineer’s opinions of probable costs contained in this Report have been prepared based on the Engineer’s opinion and interpretation of the best available information at this time. The actual costs of construction, engineering design, planning, approvals and permitting may vary from the cost opinions presented herein.

TRANSPORTATION (ROADWAY) IMPROVEMENTS
Several new roadways are required to develop the District. The roadway improvements comprising the primary roadway infrastructure include approximately nineteen thousand (19,000) linear feet of roads, including one major east-west roadway and three (3) north-south roadways that will provide ingress and egress throughout the District, interconnectivity with adjacent development, and connectivity with additional collector roads that will serve future residential, commercial, and support development within the District. Approximately one thousand fifty (1,050) linear feet of these roads will be constructed outside of the District boundaries for regional connectivity with the Lake Nona transportation infrastructure to the north and the Osceola County roadway system to the south.

The primary roadway infrastructure includes those roadways necessary to provide safe and adequate access to the lands within the District. A graphic depiction of these primary roadways is set forth in Exhibit “C.” Sheet 1 of Exhibit “C” contains a depiction of improvements listed above as “Initial Phase” construction. Sheet 2 of Exhibit “C” includes a depiction of the “Future Phase” construction.

Poitras East Community Development District Engineer’s Report and Capital Improvement Program Page 6

All roads constructed by the District will be public roadways and are proposed to be constructed using asphalt concrete surface with curb sections and sidewalks. Some will have on-street parking, asphalt trails and/or bicycle paths. Luminary Boulevard, Centerline Drive and Selten Way will include landscaped parkways and/or medians while Street A is intended to be more urban in nature. The roads constructed by the District will ultimately be owned, operated and maintained by the City of Orlando; however, the District will maintain the landscaping and irrigation within the City rights-of-way. In addition to the roads constructed by the District, public alleys constructed by the Developer will be dedicated to the City of Orlando for ownership and operation; however, maintenance of these alleys is anticipated to be shared between the City of Orlando and the District, with the District’s maintenance responsibility being limited to the asphalt pavement within the alleys.

The   Developer   has   obtained   approval   for   funding   under   the   BUILD Transportation Discretionary Grant program, which may help to offset some costs that would normally be expected to be borne by the District; however, the potential effect of BUILD Grant funding has not been factored into the estimated costs included in this report. The Developer is also pursuing potential transportation impact fee credits that may be available to offset the costs of transportation infrastructure; however, the applicability and amount are uncertain so they have not been factored into the estimated infrastructure costs included in this report.

An allowance has been included for the cost to acquire the right-of-way required to construct the necessary roadway improvements. The actual value of the right-of-way will be determined by appraisal and approved by the District’s Board of Supervisors prior to acquisition at a cost not to exceed the appraised value. For the purposes of this report and based on guidance from

Poitras East Community Development District Engineer’s Report and Capital Improvement Program Page 7

the Developer, the District’s monetary cost for right-of-way is assumed to be
$85,000.00 per acre and is utilized for the estimates presented herein.

POTABLE WATER, RECLAIMED WATER, & SANITARY SEWER FACILITIES
The potable water distribution system for the District will include a potable water main extension that connects to the Orlando Utilities Commission (OUC) water mains in Narcoossee Road and in Centerline Drive. Distribution mains will run generally within the primary roadway corridors described above with the objective that the potable water distribution system will serve as a source of potable water and fire protection water for all of the development within the District. The potable water facilities constructed by the District will ultimately be owned, operated and maintained by the Orlando Utilities Commission.

The reclaimed water distribution system for the District will include a reclaimed water main extension that connects to the City of Orlando reclaimed water mains in Narcoossee Road and in Centerline Drive. Like the potable water mains, the reclaimed water distribution mains will run generally within the primary roadway corridors described above with the objective that the reclaimed water distribution system will ultimately serve as a source of non- potable (irrigation) water for all of the development within the District. The District will only fund the operating cost of providing reclaimed water to District-owned common areas and landscaped right-of-way areas. The reclaimed water facilities constructed by the District will ultimately be owned, operated and maintained by the City of Orlando.

The sanitary sewer system for the District includes three wastewater lift stations and the associated sanitary sewer force mains. This system will initially connect to an existing 12-inch Orange County Utilities (OCU) force main in

Poitras East Community Development District Engineer’s Report and Capital Improvement Program Page 8

Narcoossee Road but will provide for a future connection to a new force main to be constructed parallel to Narcoossee Road extending northerly from the District to Tavistock Lakes Boulevard, where it will connect to a planned force main extension to be constructed by OCU. Based on available information, the cost of this parallel force main is anticipated to be borne by the District and is therefore included in the District’s CIP. Two of the lift stations (LS-B and LS-C) are included in the Initial Phase of the CIP while the remaining lift station (LS-D) is included as a Future Phase improvement. These sanitary sewer facilities, along with contributing gravity sewer collection systems, will act as the wastewater collection and transmission systems for all development within the District. The sanitary sewer facilities constructed by the District will ultimately be owned, operated and maintained by Orange County or the District.

ELECTRICAL DUCT BANK AND STREET LIGHT CONDUIT
The infrastructure roadway corridors will accommodate a plastic pipe duct bank system and plastic pipe street light conduits, manholes and pull boxes. This duct bank system and conduit network will enable the efficient distribution of electric power provided by Orlando Utilities Commission (OUC) to the development, including power to the street lights. The proposed duct bank system will run within the rights-of-way or easements established for the primary roadway corridors and be placed as part of the initial roadway construction to significantly limit the amount of disruption required to provide these needed services as development progresses. Street light conduit and the street light network are also intended to be completed concurrent with the roadway construction. Off-site connections to the OUC transmission facilities will occur around the project boundary at strategic locations to be defined by OUC. These duct bank and conduit systems are included in the CIP. The

Poitras East Community Development District Engineer’s Report and Capital Improvement Program Page 9

electrical duct banks and conduits constructed by the District will ultimately be owned, operated and maintained by the Orlando Utilities Commission.

STORMWATER MANAGEMENT AND DRAINAGE FACILITIES
To enable construction of the public infrastructure improvements required to support the District, a site-wide master stormwater management system will be implemented. This master stormwater management system will consist of a series of surface water retention/detention ponds enabling treatment and attenuation of stormwater runoff from development within the District. The surface water retention/detention ponds will be constructed by the Developer; therefore, this CIP does not include costs for those improvements. Drainage works consisting of roadway inlets, collector pipes, manholes, outfall pipes, etc. to be constructed within the proposed infrastructure roadways will collect stormwater runoff and convey it to the master stormwater management system. These drainage improvements are included in this CIP and are identified as “Drainage Works” in the estimates that follow.

At present, no allowance is included in the attached estimates for acquisition of the retention/detention stormwater management area tracts (real estate) required to construct the necessary master stormwater management improvements given the current understanding that the ponds will be owned, operated and maintained by the Developer. Discussions are ongoing regarding the ultimate ownership, operation and maintenance of the stormwater retention/detention pond system, which may ultimately be by the District, the City of Orlando, the Developer or applicable owners’ association(s).

RECREATION FACILITIES AND AMENITIES
One of the major components of creating a community is the implementation of special common area and recreation facility improvements. The proposed

Poitras East Community Development District Engineer’s Report and Capital Improvement Program Page 10

development plan for the project includes the creation of several special amenities and “places,” which will help create a sense of community. These areas include park facilities and select land clearing and wetland edge cleaning. The District fully supports an elevated level of quality throughout the Poitras East PD; however, the CIP does not anticipate District funding of recreational facilities or amenities beyond the District’s intent to incorporate upgraded street sign poles, upgraded street lighting, and enhanced streetscaping, including community identification monuments. All other recreational facilities and/or amenities are anticipated to be funded by the Developer or their successor in title.

DESIGN/PERMITTING AND CONTINGENCY
Estimated soft costs associated with the CIP are included in the Opinion of Probable Costs included herein. These include but are not limited to:
design/engineering/permitting;
land surveying;
legal consulting;
environmental consulting;
regulatory permitting;
materials testing;
as-built surveying; and
observation during construction to assure the site is constructed as designed and maintained in a safe and secure manner until sufficient infrastructure is in place to allow for dedication to the appropriate jurisdictional or regulatory agency.

A project contingency estimate has also been included.

Poitras East Community Development District Engineer’s Report and Capital Improvement Program Page 11

COST ESTIMATES FOR DEVELOPMENT IMPROVEMENTS
A summary of the Engineer’s Opinion of Probable Costs is provided as Table 1. A listing of the entities expected to receive the dedication of various improvements along with the entities expected to assume responsibility for operation and maintenance of the facilities is provided in Table 2.

The opinions of probable costs provided in this Report represent only those facilities to be designed, constructed, and/or installed by the District. Costs are based upon the Engineer’s opinion and interpretation of the best available information; however, costs will vary based on final site planning, final engineering, approvals from regulatory agencies and economic factors.

In our opinion, the estimated costs identified herein are reasonable and sufficient for the design, construction and/or installation of the CIP.

Table 1
ENGINEER'S OPINION OF PROBABLE COST POITRAS EAST COMMUNITY DEVELOPMENT DISTRICT
CAPITAL IMPROVEMENT PROGRAM May 19, 2020

Component	
Initial Phase Improvements Estimated Cost	Proposed Future
Improvements Estimated Cost	
Total District Capital Improvement Program	
Roadway Construction	$14,418,000	$5,857,000	$20,275,000	
Potable Water	$2,046,000	$928,000	$2,974,000	
Sanitary Sewer	$2,923,000	$1,326,000	$4,249,000	
Reclaimed Water	$1,462,000	$663,000	$2,125,000	
Duct Bank Undergrounding/Street Lights	$3,215,000	$1,459,000	$4,674,000	
Drainage	$5,262,000	$2,387,000	$7,649,000	
Landscape and Irrigation	$4,092,000	$1,856,000	$5,948,000	
Soft Costs	$3,559,000	$1,547,000	$5,106,000	
	$36,977,000	$16,023,000	$53,000,000	

The estimated cost of Roadway Construction includes estimated cost of right‐of‐way acquisition, subject to an MAI appraisal and Board approval.

An allowance for wetland mitigation costs is included in the estimated cost of Roadway Construction.

Improvements identified in the Capital Improvement Plan, whether they are identified within the "Initial Phase Improvements" or the "Proposed Future Improvements" in the chart above, may be financed with proceeds of any series of Bonds or other available capital, subject to Board approval.

This opinion of probable cost represents the Engineer's judgment as a design professional and is supplied for the general guidance of the District. The Engineer has no control over the cost of labor and material, competitive bidding or market conditions. While it is the Engineer's opinion that the costs identified herein are reasonable and sufficient for the design, construction and/or installation of the CIP, the Engineer does not guarantee the accuracy of such opinions as compared to contractor bids or actual cost to the District.

F:\Proj2017\17170\ENGadmin\Prod\Engineer's CIP Reports\Engineer's CIP Report 2020\Engineer's Report 051920 - financing.docx

TABLE 2
POITRAS EAST COMMUNITY DEVELOPMENT DISTRICT OWNERSHIP, OPERATION & MAINTENANCE SUMMARY May 19, 2020

DISTRICT CONSTRUCTED
SYSTEM	OWNERSHIP	OPERATION AND MAINTENANCE ENTITY	
Public Roadways	City of Orlando	City of Orlando	
Potable Water	Orlando Utilities Commission	Orlando Utilities Commission	
Sanitary Sewer	Orange County Utilities / District	Orange County Utilities / District	
Reclaimed Water	City of Orlando	City of Orlando	
Electrical Duct Bank/Street Lights*	Orlando Utilities Commission	Orlando Utilities Commission	
Drainage Works	City of Orlando	City of Orlando	
Common Areas / Landscaping	District / City of Orlando	District / City of Orlando	
*It is anticipated that the Orlando Utilities Commission will install, own, operate and maintain street lights under a lease agreement with the District.

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Poitras East Community Development District

Updated Master Assessment Methodology Report

MASTER ASSESSMENT METHODOLOGY REPORT
POITRAS EAST COMMUNITY DEVELOPMENT DISTRICT

May 2020

Prepared for:

Members of the Board of Supervisors,
Poitras East Community Development District

Prepared on May 18, 2020

PFM Financial Advisors LLC
12051 Corporate Boulevard
Orlando, FL 32817

MASTER ASSESSMENT METHODOLOGY POITRAS EAST COMMUNITY DEVELOPMENT DISTRICT

May 18, 2020

Introduction

Purpose

This “Master Assessment Methodology Report,” dated May 18, 2020 (“Methodology”) provides a system for the allocation of non-ad valorem special assessments securing the repayment of bond debt planned to be issued by the Poitras East Community Development District (“District”) to fund beneficial public infrastructure improvements and facilities. The Methodology described herein has two goals: (1) quantifying the special benefits received by properties within the District as a result of the installation of the District’s improvements and facilities, and (2) equitably allocating the costs incurred by the District to provide these benefits to properties in the District. The District plans to implement a capital improvement program (“CIP”) that will allow for the development of property within the District. The District plans to fund the majority of its CIP through bond debt financing. This bond debt will be repaid from the proceeds of non-ad valorem special assessments levied by the District’s Board of Supervisors. These special assessments will serve as liens against properties within the boundary of the District that receive a special benefit from the CIP. This Methodology is designed to conform to the requirements of Chapters 170, 190, and 197 of the Florida Statutes with respect to special assessments and is consistent with our understanding of the case law on this subject.

Background

The District includes approximately 1,061 gross acres of property within its boundaries. The District is generally located east of Boggy Creek Road, south of State Road 417, west of Narcoossee Road, and south of Lake Nona in the City of Orlando, Florida. As outlined in more detail in the “Engineer’s Report and Capital Improvement Program Poitras East Community Development District,” dated May 19, 2020 (“Engineer’s Report”), as prepared by Donald W. McIntosh Associates, Inc. (“District Engineer”); the CIP is designed to support the following development: 200,000 non-residential square feet, 2,567 residential units, an elementary/middle school, fire station, recreation areas, parks, and related infrastructure. The land use plan as provided in the Engineer’s Report is found in Table 1. The development volumes within Table 1 represent overall master plan development volumes; however, the TDCP, LLC (“Developer”) reserves the right to modify the master plan consistent with the City of Orlando-approved Planned Development, which could result in a different overall development plan.

Table 1. Summary of Poitras East Development Program*

Development Program	Development Volume Non-Residential Development (sqft)		200,000 Residential Dwelling Units			2,567
Elementary/Middle School	-
  Fire Station	-  
Source: Donald W. McIntosh Associates, Inc.
*The Development program is subject to change based on marketing and other conditions

CIP - Phased Infrastructure Installation

As outlined in the Engineer’s Report, the District will install the infrastructure necessary to serve the lands within Phase 1 and future phase(s). A description of the boundaries of the District, which includes Phase 1 and future phase(s) is found attached as Exhibit “A.” The estimated costs of the Phase 1 and future phase(s) District infrastructure and improvements (and the estimated costs for the District’s entire CIP) are presented in Table 2. It is important to note that because the CIP is being developed as a system of improvements (as further described herein) the CIP costs are assumed to be shared by the entire project regardless of the phases/timing.

Table 2. Poitras East Capital Improvement Program

Infrastructure Component (1)	Initial Phase, Estimate	Future Phase(s), Estimate	Total Bonds, Estimate	

Roadway Construction	
$14,418,000	
$5,857,000	
$20,275,000	
Potable Water	$2,046,000	$928,000	$2,974,000	
Sanitary Sewer	$2,923,000	$1,326,000	$4,249,000	
Reclaimed Water	$1,462,000	$663,000	$2,125,000	
Duct Bank Underground/Street Lights	$3,215,000	$1,459,000	$4,674,000	
Drainage	$5,262,000	$2,387,000	$7,649,000	
Landscape & Irrigation	$4,092,000	$1,856,000	$5,948,000	
Soft Costs	$3,559,000	$1,547,000	$5,106,000	
Total	$36,977,000	$16,023,000	$53,000,000	
Source: Donald W. McIntosh Associates, Inc

Requirements of a Valid Assessment Methodology

In our experience, there are two primary requirements for special assessments to be valid under Florida law. First, the properties assessed must receive a special benefit from the improvements paid for via the assessments. Second, the assessments must be fairly and reasonably allocated to the properties being assessed. If these two characteristics of valid special assessments are adhered to, Florida law provides some latitude to legislative bodies, such as the District’s Board of Supervisors, in approving special assessments. Indeed, Florida courts have found that the mathematical perfection of calculating special benefit is likely impossible.

Special Benefits and General Benefits

Improvements undertaken by the District create both special benefits and general benefits to property owners located within and surrounding the District. However, in our opinion, the general benefits to the public at large are incidental in nature and are readily distinguishable from the special benefits which accrue to property located within the District. It is the District’s CIP that enables properties within the District’s boundaries to be developed. Without the District’s CIP there would be no infrastructure to support development of land within the District. Without these improvements, development of property in the District would not be permitted.

The new infrastructure improvements included in the CIP create both: (1) special benefits to the developable property within the District and (2) general benefits to properties outside the District. However, as discussed below, these general benefits are incidental in nature and are readily distinguishable from the special benefits which accrue to the developable property within the District. The CIP described in the Engineer’s Report enables the developable property within the District to be developed. Without the CIP, there would be no infrastructure to support development of the developable property within the District.
Special Benefits Provided by CIP Components Roadway Improvements
The roadway improvements will provide ingress and egress to residents and landowners, access to
District commercial properties, and connections to existing roadways in the area, as outlined in more detail in the Engineer’s Report. The roadway costs also include on-street parking, bicycle lanes, and sidewalks planned for the District. Some of the special benefits provided to properties within the District by the roadway improvements are added accessibility to the property, added use of the property, added enjoyment of the property, and the probability of increased marketability and value of the property. Further, roadway improvements are required by state regulatory agencies and the City of Orlando prior to or simultaneous with any development of property within the District.

Stormwater Management System
The District’s stormwater management system consists of water retention ponds, roadway inlets, collector pipes, manholes, and other improvements providing benefits to properties by effectively draining and dispersing stormwater runoff. Some of the special benefits provided to properties within the District by the stormwater management system are the added use of the property, increased sanitary conditions of the property, flood mitigation, protection of the environment, and the probability of increased marketability and value of the property. Further, stormwater management improvements are required by state regulatory agencies and the City of Orlando prior to or simultaneous with any development of property within the District.

Utility System Improvements
The District’s utility system includes a series of interconnected and looped water mains connecting to an extension of the major distribution system from an existing Orlando Utilities Commission Water Treatment Plant. This water distribution system delivers potable water and fire protection water to the properties within the District. The CIP also includes a water distribution system used to deliver reclaimed water to the properties for irrigation purposes.

The District will provide sanitary sewer facilities including lift stations, gravity collection systems, and sanitary force mains. Some of the special benefits provided to properties within the District by the water and sewer utility improvements are the added use of the property, added enjoyment of the property, increased sanitary conditions of the property, protection of the environment, and the probability of increased marketability and value of the property. Further, these utility improvements are required by state regulatory agencies and the City of Orlando prior to any development of property within the District.

Landscaping and Irrigation Improvements
The landscaping and irrigation estimates include landscape, streetscape, hardscape, signage, monumentation, and common area improvement costs including the irrigation systems required to support such improvements. The electrical duct bank system & lighting improvements include a plastic pipe duct bank system that will allow for the undergrounding of utilities and will also serve to power streetlights needed to illuminate the roadways and pedestrian areas within the District. These improvements provide for the safety and added enjoyment of the property and the probability of increased marketability and value of the property. Further, many of these landscape and irrigation improvements are required by state regulatory agencies and the City of Orlando prior to or simultaneous with any development of property within the District.

Demonstration of Benefit

As shown in Table 2, the estimated cost of the CIP is $53,000,000. The District plans to issue bonds to fund these costs, with total bond principal estimated at $69,710,000 (Table 3). Following the installation of the District’s CIP (as outlined in Table 1 in the Engineer’s Report), there are an estimated 1,061 acres within the District; however, given existing wetlands, lakes and ponds, the District Engineer estimates that of the total 1,061 total acres, 778 represent developable and assessable acres. Therefore, the average cost of the District’s CIP, per assessable acre, is $89,602 on an as-financed basis. According to data from the Orange County Property Appraiser (“PA”), the fair market value of the land in the District currently averages $176,903 per acre. Therefore, as illustrated in Table 3, the total cost of the land with the proposed improvements implemented is approximately $266,505 per acre.

Based on the land development plan, and information from the Developer, the estimated average value for a residential unit to be developed in the District will be $400,000. The FA’s experience indicate that the typical relationship between the total price of a new home and its finished lot is approximately 25%. So, the average home lot in the District is expected to have a retail value of $100,000. The land use plan anticipates a density of 3.30 units per assessable acre. Therefore, the average value per acre for properties developed into residential lots is $329,949. Thus, the estimated net special benefit to District lands is $63,444 per acre using an ERU method of allocation. In other words, the installation of the CIP is expected to increase the estimated market value of the land within the District in excess of the cost of the assessments. Table 3 summarizes the estimation of special benefit on a per acre basis.

Table 3. Demonstration of Special Benefit for Properties in the District

Category	Amount
Maximum Bonds Necessary to Fund CIP	$69,710,000 Assessable Acres within District*		778.00
CIP Financed Cost Per Assessable Acre	$89,602
Value of Unimproved Land/Acre**	$176,903
Total Cost of Improved Land per Acre	$266,505

Est. Minimum Value of Finished Home and Lot	$400,000
Value of Lot @ 25%	$100,000
Density/Assessable Acre	3.30
Est. Value of Finished Lots/Land per Acre	$329,949
Net Benefit per Acre from CDD Improvements	$63,444

*Source: Donald W. McIntosh Associates, Inc.
**2018 Value provided by the Orange County Property Appraiser for District Parcels

2.0	CIP Plan of Finance

The District has advised it intends to finance the majority of its CIP by issuing bonds. It’s anticipated these bonds will be issued in several series, as development progresses within the District. Table 4 summarizes the estimated bond financing program.

As bonds are issued by the District over time, the District will issue supplemental assessment methodology report(s) detailing the particulars of each specific bond issue. The supplemental report(s) will detail the terms, interest rates, and costs associated with a specific series of bonds. The supplemental report(s) will also detail the specific bond debt service assessments for properties that have been assessed to secure each bond issuance.

Table 4. Poitras East CDD Bond Financing Program

Bond Fund	Initial Phase, Estimate	Future Phase(s), Estimate	Total Bonds, Estimate	
Construction/Acquisition Fund	$36,977,000	$16,023,000	$53,000,000	
Debt Service Reserve	$3,813,892	$1,663,373	$5,477,265	
Capitalized Interest	$6,552,900	$2,857,950	$9,410,850	
Costs of Issuance (Including Underwriter's Fee)	$1,195,800	$623,400	$1,819,200	
Contingency	$408	$2,277	$2,685	
Total Bonds Principal	$48,540,000	$21,170,000	$69,710,000	
Bonds Details
Average Annual Interest Rate:	

6.75%	

6.75%	

6.75%	
Term (Years):	30	30	30	
Capitalized Interest (Months):	24	24	24	
Net Annual Debt Service:	$3,813,892	$1,663,373	$5,477,265	
Source: PFM Financial Advisors LLC

As shown in Table 4 above, the District’s bonds are anticipated to fund a required debt service reserve, capitalized interest, and the costs of issuance fund in addition to providing funds for the completion of the District’s CIP. The debt service reserve is required by bond purchasers, and it is expected to be set initially at the least of maximum annual debt service, 10% of the proceeds of the bonds, or 125% of average annual debt service. The capitalized interest funds interest that is payable during a portion of the construction period. All bond debt service assessments will be suspended during this period of capitalized interest. The estimated coupon rate of the bonds is estimated at 6.75%. The underwriter’s discount represents the underwriter’s compensation for assisting the District with the structuring and marketing of the District’s bonds and the risk associated with purchasing any unsold balances. The costs of issuance pay the professional fees of the trustee, financial advisor, district counsel, bond counsel, and other ordinary costs associated with issuing the District's bonds.

The CIP costs shown in Table 2 reflect the total estimated construction costs for the master infrastructure improvements the District intends to construct at this time. The CIP, as developed by the District Engineer, is designed and will operate as an integrated system serving all of the developable property within the District. For example, the roadway system will be constructed in phases. However, the entire system will benefit all the developable property in the District. Improvements built in an earlier phase will benefit properties developed in that phase and in future phases. Likewise, properties developed in the earlier phase will benefit from roadway improvements constructed in later phases. This pattern is also true for all of the other major infrastructure systems comprising the CIP.

However, the CIP costs are not proportionately distributed across all phases of the development plan, and the benefiting properties will not all be developed in an equal proportionate fashion. Thus, if the costs of the CIP were allocated strictly on a phase-by-phase basis only to those properties developed during that phase, the cost per acre or per Development Unit would vary significantly across the phases of the construction program.

Therefore, the recommended methodology is to utilize the completed systems approach. As discussed below, the benefits flowing from the CIP are viewed on a systems basis and are allocated systematically to all developable and assessable properties within the District regardless of their phasing. In this way, similar properties receiving similar benefits will be allocated the same amount of debt. Thus, if the cost of an infrastructure system totals $10 in several phases, and if these costs were allocable equally to 10 acres of property, the allocation would be $1 per acre.

The exact nature and precise location of all the development that will occur within the District is unknown at this time. Therefore, to ensure that the total cost of the District infrastructure benefiting all of the property uses within the District is allocated fairly, assessments assigned to individual residential development and non-residential square footage (collectively, “Development Units”) will not be assigned until those units have been determined.

Assessment Methodology

Assessment Foundation

The assessment methodology associated with the allocation of the costs of the CIP is a four-step process. First, the District Engineer determines the costs for the District’s infrastructure and related improvements. Second, an estimate of the amount of bonds required to finance the infrastructure improvements is calculated. Third, the District Engineer outlines which parcels benefit from the provision of each phase of infrastructure and improvements. Finally, the as-financed costs of the infrastructure and related improvements are allocated to the benefiting properties based on the approximate relative benefit each unit receives.

Allocation of Specific Assessments

The discussion offered below illustrates the process by which the District will allocate bond debt it incurs to fund its CIP. The District would incur approximately $69,710,000 of total bond debt if bond financing was used to fund the entire CIP. The District’s bond debt will be secured primarily by special assessments allocated to properties in the District based on and proportional to the benefits that each property receives from the CIP.

As noted above, as long as two basic principles are adhered to, Florida law generally allows the District Board some latitude in determining the appropriate methodology to allocate the costs of its CIP to benefiting properties in the District. The two principles are: (1) the properties being assessed must receive a special benefit from the CIP and (2) the assessments allocated to each property must be fairly and reasonably apportioned among the benefiting properties.

In allocating special assessments to benefiting property, Florida governments have used a variety of methods including, but not limited to, front footage, area, trip rates, equivalent residential units, dwelling units, and acreage. These ERU values equate the benefit received by a stated amount of such particular land use category to the benefit received by a typical residential unit. The use of ERU values to estimate the benefit derived from infrastructure improvements is recognized as a simple, fair, and reasonable method for apportioning benefit. ERU values are a commonly accepted method for calculating special benefit assessments in Florida.

The assignment of ERU values to units of development planned for the District begins with consideration of the benefit received by a hypothetical residential unit from the District’s CIP. This hypothetical residential unit will serve as the base unit for purposes of ERU allocation, and has been assigned an ERU value of 1.0 per residence. In assigning ERU values to the uses anticipated to be developed within the District, the FA considered several factors. First, the size of a Development Unit was taken into consideration. For example, the size of a Development Unit affects the stormwater runoff generated by the Development Unit and the length of roadways necessary to serve the Development Unit, among other impacts.

Second, the vehicle traffic generated by the Development Unit was taken into consideration. The FA is familiar with roadway trip generation statistics for property types such as those planned for the District and took those figures into consideration when assigning ERU values. Land uses with higher trip generation rates have a greater impact on roadway improvements, and thus receive a greater benefit from those improvements, and have thus been assigned higher ERU values.

Third, the District considered the probable usage of water and sewer utilities by the various land uses. For example, a multi-family residence will probably have a greater impact on and receive a greater benefit from water and sewer utilities when compared to non-medical office space covering a similar area.

PFM FA, has determined that an assessment methodology based on ERU values is appropriate and that in our experience the adoption of retail space ERU of 2,000 square feet equal to one ERU is reasonable. Additional consideration for ERU values assigned to Development Units within the Isles of Lake Nona neighborhood and development within the District’s southeast parcel (“SE Parcel”) were evaluated given their relative access from existing infrastructure and estimated benefit from the proposed CIP. Upon further review, these ERU factors were discounted by approximately 30% on average when compared to the balance of comparable residential units within the District. Table 5 below contains the allocation of the District’s CIP costs, as financed, to the Development Units planned for the District based on the ERU value assigned to each Development Unit.

Table 6 shows the annual bond debt service assessments associated with the bond par allocations found in Table 6. Table 6 becomes important as the land within a phase is platted or included within the Specific Parcel Master Plan (“SPMP”), as specific bond debt service assessments will be assigned to the individual Development Units within the relevant phases at this time.

Table 5. Allocation of the Costs of the District’s CIP, as Financed

Development Category	
Unit Type	
Units	
ERU/Unit	
Total ERUs	
% ERUs	
Par Debt	Par Debt/
Unit	
RESIDENTIAL
Isles of Lake Nona - Townhome	

DU	

210	

0.55	

116.4	

4.9%	

$3,399,625	

$16,189	
Isles of Lake Nona - 34s	DU	86	0.67	57.2	2.4%	$1,670,673	$19,426	
Isles of Lake Nona - 50s	DU	133	1.11	147.4	6.2%	$4,306,191	$32,377	
Isles of Lake Nona - 60s	DU	79	1.39	109.5	4.6%	$3,197,266	$40,472	
SE Parcel - 50s	DU	68	1.20	81.3	3.4%	$2,374,532	$34,920	
SE Parcel - 60s	DU	140	1.25	175.0	7.3%	$5,110,957	$36,507	
Laureate Park - Townhome	DU	155	1.00	155.0	6.5%	$4,526,848	$29,205	
Laureate Park - Big House	DU	36	1.10	39.6	1.7%	$1,156,537	$32,126	
Laureate Park - 30s	DU	109	1.15	125.4	5.3%	$3,660,905	$33,586	
Laureate Park - 40s	DU	163	1.20	195.6	8.2%	$5,712,590	$35,047	
Laureate Park - 45s	DU	148	1.30	192.4	8.1%	$5,619,132	$37,967	
Laureate Park - 50s	DU	143	1.40	200.2	8.4%	$5,846,935	$40,888	
Laureate Park - 55s	DU	142	1.50	213.0	8.9%	$6,220,765	$43,808	
Laureate Park - 70s	DU	35	1.65	57.8	2.4%	$1,686,616	$48,189	
Gated - 70s	DU	85	1.65	140.3	5.9%	$4,096,067	$48,189	
Gated - 90s	DU	39	1.90	74.1	3.1%	$2,164,125	$55,490	
N4 West - Townhome	DU	160	1.00	160.0	6.7%	$4,672,875	$29,205	
Multifamily (apts)	DU	306	0.30	91.8	3.8%	$2,681,062	$8,762	
TOTAL RESIDENTIAL	DU	2,237				$68,103,699		
COMMERCIAL								
Retail / Office	SF	110,000	0.0005	55.0	2.3%	$1,606,301	$14.60	
Total Bonds from Program				2,386.9	100.0%	$69,710,000		
Source: PFM Financial Advisors LLC
*The Development program is subject to change based on marketing and other conditions and currently differs from the master plan totals in Table 1

Table 6. Bond Principal and Annual Assessments

Development Category	

Par Debt	

Par Debt/Unit	Annual Net Assessment/
Unit	Total Annual Assessment/
Unit	Gross Assessment/
Unit	Total Gross Assessment/
Unit	
RESIDENTIAL
Isles of Lake Nona - Townhome	

$3,399,625	

$16,189	

$1,271.98	

$267,116	

$1,324.98	

$278,246	
Isles of Lake Nona - 34s	$1,670,673	$19,426	$1,526.38	$131,268	$1,589.98	$136,738	
Isles of Lake Nona - 50s	$4,306,191	$32,377	$2,543.96	$338,347	$2,649.96	$352,445	
Isles of Lake Nona - 60s	$3,197,266	$40,472	$3,179.95	$251,216	$3,312.45	$261,683	
SE Parcel - 50s	$2,374,532	$34,920	$2,743.71	$186,572	$2,858.03	$194,346	
SE Parcel - 60s	$5,110,957	$36,507	$2,868.42	$401,579	$2,987.94	$418,311	
Laureate Park - Townhome	$4,526,848	$29,205	$2,294.74	$355,684	$2,390.35	$370,504	
Laureate Park - Big House	$1,156,537	$32,126	$2,524.21	$90,872	$2,629.39	$94,658	
Laureate Park - 30s	$3,660,905	$33,586	$2,638.95	$287,645	$2,748.90	$299,630	
Laureate Park - 40s	$5,712,590	$35,047	$2,753.68	$448,850	$2,868.42	$467,553	
Laureate Park - 45s	$5,619,132	$37,967	$2,983.16	$441,507	$3,107.46	$459,903	
Laureate Park - 50s	$5,846,935	$40,888	$3,212.63	$459,406	$3,346.49	$478,548	
Laureate Park - 55s	$6,220,765	$43,808	$3,442.10	$488,779	$3,585.53	$509,145	
Laureate Park - 70s	$1,686,616	$48,189	$3,786.32	$132,521	$3,944.08	$138,043	
Gated - 70s	$4,096,067	$48,189	$3,786.32	$321,837	$3,944.08	$335,247	
Gated - 90s	$2,164,125	$55,490	$4,360.00	$170,040	$4,541.67	$177,125	
N4 West - Townhome	$4,672,875	$29,205	$2,294.74	$367,158	$2,390.35	$382,456	
Multifamily (apts)	$2,681,062	$8,762	$688.42	$210,657	$717.11	$219,434	
TOTAL RESIDENTIAL	$68,103,699			$5,351,054		$5,574,015	
COMMERCIAL							
Retail / Office	$1,606,301	$14.60	$1.15	$126,211	$1.20	$131,469	
Total Bonds from Program	$69,710,000			$5,477,265		$5,705,484	
(1) Values include a 4.0% gross-up to account for the statutory early-payment discount. Orange County Property Appraiser and Tax Collector bill district directly on a per lot basis (included in annual budget).
Source: PFM Financial Advisors LLC

Assignment of Specific Assessments

The District will initially impose assessments on all developable and assessable property within the District to secure the financing of the District’s CIP. Properties slated for development will first be assigned bond debt service assessments by the District based on the amounts set forth in Table 6. Bond indebtedness remaining to be allocated will initially be assigned on an equal per-acre basis to all developable acreage within the District that has not been developed.

The District will likely fund its CIP over the course of several bond issuances. Future supplemental assessment methodology reports will outline the details of each District bond issuance. As outlined in Section 2.2 above, a Development Unit’s full bond debt service assessment (estimates of which are provided in Table 6 above) will be assigned when that Development Unit is platted or included within the SPMP.

There may be occasions when only a portion of the land within a parcel, rather than the entire parcel, will be subject of an SPMP. If this situation occurs, the Development Units outlined in the SPMP will be assigned bond debt service assessments according to Section 3.2 and the remaining undeveloped land within the same parcel that is not the subject of the SPMP will be assigned bond debt service assessments based on the number of undeveloped acres. The bond debt service assessments assigned to undeveloped acreage within an SPMP will remain until such time as the acreage is developed or to be assigned to Development Units outlined in SPMPs elsewhere in the District fully secure the bond debt necessary to fully finance the District’s full CIP.

The total amount of bond debt necessary to fund the CIP may be revised in future supplemental assessment methodology reports. However, consistent with Section 2.0, each Development Unit’s assigned bond debt service assessment will be based on the total assessment necessary to fund the District’s entire CIP. Future supplemental assessment methodology reports will outline the specific units that are expected to ultimately provide security for the bonds that are the subject of that supplemental assessment methodology report.

In addition, a lien for the bond debt necessary to finance the District’s CIP will be placed on all developable and assessable property within the District that had not been included in an SPMP at the time of the District’s first bond issuance. This lien will be satisfied at some point in the future at the District’s discretion by either the assignment of bond debt service assessments accompanying a future bond issuance providing funding for the CIP or a Contribution by the property owner in lieu of assessments. Should the District not issue bonds to fully fund the costs of its CIP, the District can enforce a completion agreement with the Developer, executed prior to the issuance of any bond debt, which requires the Developer to fund the balance of the CIP and contribute the improvements to the District. If the District’s CIP is revised at some point in the future such that less than the total $53,000,000 in CIP costs will be required, the District will reallocate any preexisting bond debt service assessments providing security for the CIP to all developable and assessable properties within the District pursuant to the assessment allocation principals outlined in this Methodology.

Once an SPMP has been approved and assessments allocated based on the land uses described therein the assessments assigned to the Development Units within that SPMP will not be reduced without a transfer of development rights and entitlements, even if the landowner amends the SPMP to show a lower density of development or it happens that fewer Development Units are actually constructed compared to what is outlined in the original SPMP. If the landowner responsible for amending an SPMP

to reflect a lower density of development does not desire to pay annual assessments for the Development Units outlined in the original SPMP, that property owner will be required to make a payment to the District equal to the difference between the bond principal that would have been assigned had development occurred as outlined in the original SPMP and the bond principal assigned to the individual Development Units within the amended SPMP. Provided, however, that no such payment shall be owed if the landowner transfers all development rights and entitlements associated with the unused ERUs in connection with the amended SPMP back to the Developer, and the Developer, in its sole discretion, accepts and acknowledges the transfer and the Developer and/or its affiliates owns acreage in the District sufficient to develop all unused ERUs in addition to any of its other completion obligations.

In such case, the reduced bond principal shall be reassessed against undeveloped land in the District on a per acre basis. Should the density of development planned for property within an SPMP increase as the result of an amended SPMP, the additional Development Units within that amended SPMP shall be assigned their share of the bond debt service assessments. If all properties within the District have been assigned bond debt service assessments such that the full par value of the District’s bonds are secured, and additional development occurs within the District such that density is increased above the land uses shown in Table 5 (“New Development”), bond debt service assessments will be assigned to that New Development and all properties will receive a proportionate reduction in their bond debt service assessment. In the event that a unit owner has prepaid its debt assessment, the respective unit will not be included in the reassignment analysis.

True-Up Mechanism

Although the District does not process plats or approve SPMPs, it does have an important role to play during the course of development. Whenever a parcel’s land use and development density and intensity is determined with sufficient certainty, the District must allocate a portion of its debt to the parcel according to the procedures outlined in Section 3.2 above. In addition, the District must also prevent any buildup of debt on land that has not yet been developed or included in an SPMP. Otherwise, the land could be fully subdivided without all of the debt being allocated.

To preclude this, a test is conducted when development thresholds are reached within the District. As long as the development and/or SPMPs at these thresholds does not cause the debt on the remaining land to increase above a debt “Ceiling Level” illustrated in Table 7 below, then no further action in necessary. However, if the debt on the remaining land does increase, a debt reduction payment will be necessary.

The ceiling level of debt is established at the time each series of bonds is issued. For example, the District may issue up to $69,710,000 in Bonds to fund the CIP. There are approximately 778 acres of assessable land located within the District as outlined in Table 7 below. Each of these acres will be assigned an equal assessment of the $69,710,000 in remaining unassigned bond debt assessments. Therefore, and assuming for purposes of this illustration that all $69,710,000 in anticipated bond debt is issued by the District to fund its CIP, the ceiling level of debt for developable and assessable properties would be $89,602 ($69,710,000/778) per acre. This ceiling level is based upon the best information available at the time of this report, is subject to change, and will only be finalized at the time of the District’s first bond issuance.

A test will be conducted when 25%, 50%, 75%, 90%, and 100% of the acreage within the District has been developed and/or included in an SPMP. The ceiling amount of debt is determined at the time any District bond issuance is closed. The ceiling amount is the ratio of the amount of debt outstanding divided by the number of acres of land for which no debt allocation has occurred as per this methodology. Table 7 below illustrates when the true-up test will be applied to determine if debt reduction payments are required.

Table 7. True- Up Thresholds

Category	25%	50%	75%	90%	100%	
Platted Developable Acres	194.5	389.0	583.5	700.2	778.0	
Unplatted Developable Acres	583.5	389.0	194.5	77.8	0.0	
Debt Ceiling per Acre	$89,602	$89,602	$89,602	$89,602	$89,602	

In the event that additional land not currently subject to the assessments required to repay the debt associated with the CIP is developed in such a manner as to receive special benefit from the CIP, it is contemplated that this Methodology will be re-applied to include such new parcels. The additional land, as a result of applying this Methodology, will be allocated an appropriate share of the special assessments, with all previously-assessed parcels receiving a relative adjustment in their assessment levels.

4.0	Contribution of District Infrastructure and/or Improvements

The costs of the District’s CIP will likely be funded by two mechanisms. The first mechanism is the issuance of special assessment bonds. The second mechanism is the contribution of funds or CIP components to the District (“Contribution”). Property owners within the District will have the opportunity to make such a Contribution upon approval by the District.

A District property owner’s Contribution will give rise to assessment credits that can be applied by the property owner to reduce or eliminate bond debt service assessments that would otherwise be assigned to lands within the District to fund the costs of the CIP. Prior to a property owner reducing or eliminating bond debt service assessments through a Contribution, it must be shown that the improvements funded or contributed by the property owner are a component of the CIP, as outlined in the Engineer’s Report. In advance of financing, the property owner will be permitted to apply assessment credits equal to the value of the Contribution plus the costs of financing the improvement(s) that would otherwise have been incurred by the District if the District were required to issue bonds to fund or acquire the improvement(s) (such that the property would not be responsible for bond financing costs if the Contribution was made prior to the District’s issuance of special assessment bonds). A property owner possessing assessment credits due to a Contribution will, in the District’s discretion, have the opportunity to use the assessment credits to adjust bond debt service assessment levels of Development Units.

5.0	Preliminary Assessment Roll

Table 8 outlines the maximum bond principal assessment per acre for the lands within the District. A description of the land within the District, which will be assessed to secure the repayment of the District’s bonds, is found in Exhibit “A”, below. The assessments shall be paid in not more than thirty (30) annual installments.

Table 8. Preliminary Assessment Roll

Initial	Total Bond	Bond Principal	Net Total	Net Annual Assessment per	Gross Total Bond Annual	Gross Annual Assessment per	
	Acres			Assessment	Acre	Assessment	Acre	
31-24-31-0000-00-001	778	$69,710,000	$89,602	$5,477,265	$7,040	$5,705,484	$7,334	
TOTAL	778	$69,710,000	$89,602	$5,477,265	$7,040	$5,705,484	$7,334	

Parcel ID

Assessable

Principal

per Acre

Bond Annual

Source: PFM Financial Advisors LLC

0

EXHIBIT “A”

LEGAL DESCRIPTION OF LAND LOCATED WITHIN THE DISTRICT

POIIRA S PROPERTY POIIRAS EAST CDD
J.	ARY 4, 018

DESCRIPTIO ' :

That pwt of Section 36, Iov,;u 24Sol!lth, Range 30 East, Orange Oouuty, Florida and fflat pan of Sections 31 and 32, Township 24 Somh, Rang e 3I East. Orange County, Fl:orida, descri.bedl follows:

Cowmenoe at  the Nortb.e-.ast comer of   aid Section 3l ; 1ihenoe    89°41'2;m9  i,.\   ai.oog the    orih fule of said Sectiou 31, foi- a distance of30.34 feet to ilie POINT OF BEGINNING a.ud "!he West right-of:.w-ay line of
!NaEOossee  Road,  as  descirilied  in  Offici.aJ  Reoords  Book  I0003,  Page  5463,  of  tihe  Public  Reroros. of
Orange County Fl:orida, and a point on a noll!-ta:ngent Cl!l[Ve c onca11re Northeasterly filllvmg a radius of 4595.35 feet and a chord berumg  of  S24°36'38''E;  thence  departing  said  North  nine  mn  Southeasterly afong said West right- of-v.ray fule and afong the ace of said curve through a centrai. aje of 34° ]1'08 " fur a &.!stance of2   4UG  feet to the po.int of  tangenc:T, thence S41°42''12DE  along said We::t rightc--Of- , vay line and "!he  West ri ght-of-v.ray line of Narom:isre e  Road, as. derotibed io. Offi.ci.al. R ec ords Book  9838 , Page
6 00, of fue Public Reroros of Orange County, F1.orida, fur a clistan ce of22.4!4..39 feet to the Soulll i.ine of lands described in Official Reoordi,; B ook 10345 Page 1882, of llle Public Reoords  of  Ormge  County, Florida; thence departiog said \Vest rig b.t- of -v.ray i.ine nm IN89,o42 "29"W along "d S on"lh i.ine, 1208.33 feet ro fihe So 1rdb.:•wefl  ooru.er of  sai d lands. described .in. O  fficial Rfoords Book 10345, Page 1&82; fihence depamn:g said Soulll we nm SOI°25'il3"E along the West we of file Soufueast J/4 of "!he S ouih.vest l/4
of  said  Sect ion  31   fur a &.	of  ]4 _9 _96	feet to the   'ornh-de   y right-0f-.v,;ray line of State Road  530
(Boggy Cfee,k Road), as described in Deed Book 803 Page 550, of llie Public Reoords of Onmge Coumy, FJ.m-irla;  thence  depw:t.ing  · aid ·wm I.me nm  8 89°56 1-29"\\   along said! Northerly  right--Of-way line,
,     61    &8.&9 feet oo tlhe po.int of ourvatnfe of a ou:rve concave Souther]y filllving a radil!IS o f  1482..62 feet and a
cho.rd b earing    of  S83  °0 6'59"W; thence We    ly afong   aid Noith e.dy  right-of-way line and ai.oog llie arc of said! cutve thlough a centi-aJ angle of 13c.3 9101 11 for  a &.stance of  353.22 feet to a non-tangent line and tihe South fule of the Sm1tbw t J/ 4 of said Sectiorn 3 I · "lhenoe departing said Northerly right--of - v.ray I.me
n m. N8  9°55'1l uw a1ong sai.,d South line,  i.6..39 feet to the  Southwe  t comer  of said. Section  31 ; fiheuce
IN89,o53'31"W  along the  South line of "!he     outheast 1/4 of said Section 36,  for  a clistan ce of 2413..39 feet
ro the South I/4 oomer of said Section 36; then.ce N 89°5 ] . 4 " W along the South line of"lhe Sol!lthwest l/ 4 of  said Section 36,  for  a  clista.uce  o.f 318 ..6 7   fee   t; "!hence  departing  said South fule  run. N31°21'13''Vil, 1436 .64  fe      tihen  ce      0°3&'58 ''E,  i.8519 . 82     feet oo ilie Sou"lh we   ofb  uds described io. O  fficial Rfoon:ls
Book  56201   Page  2323   of  "!he   Public Reoords  of  Orange  Oouuty,  Florida;  "lhenoe  ill!lll the  following a:mrse s  and   dimnces  ai.oog  said  South  line        1°5  '03DE ,   6184.9 6  feet;  S38°3 0' 26''E,  306..98  feet ·
IN68°04l' 58"E,  ]694.. 91   fee   t; .  ' 44°15'5I' 'E, 829.96 feet;    00  00'16"W, 244.9.9 feet ; N31°31'51DW    2   4.99
feet;      &0    B  ' 29''E, 799.. 96 feet to  he  aforesaid Norllh. l!ine ofSect.i.on 3 ]; lllenoe depa,.tillg said Sou"lh line mll  . N89 "41'29"E alOB:g said North i.ine, 4882  .50  fe e t oo tihe  POINT OF BEGINNING. Ibis description. i s    b ared   on.  Fl.ocida  State  Plane   Coordinate   Sy,  stem   East   Zone,   average   oombined   scale   fucim  of 0.99994883912, NAD 83 Datum. ( 201I adjustnient) and all diffanoes ate  gridl dimen.sioru ..

Being subject to any rights--of- v.ray , restri.ctio ns and easements of reoord.
The  above  described patoel  of  fo.11d  romams 1060..6&9  acres  more  oi-  fess  when  me.a.sured  in  g1:·0U11d dim ensions.

Poitras East Community Development District

Resolution 2020-02, Declaring Master Special Assessments

RESOLUTION 2020-02

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE POITRAS EAST COMMUNITY DEVELOPMENT DISTRICT DECLARING SPECIAL ASSESSMENTS; INDICATING THE LOCATION, NATURE AND ESTIMATED COST OF THOSE INFRASTRUCTURE IMPROVEMENTS WHOSE COST IS TO BE DEFRAYED BY THE SPECIAL ASSESSMENTS; PROVIDING THE PORTION OF THE ESTIMATED COST OF THE IMPROVEMENTS TO BE DEFRAYED BY THE SPECIAL ASSESSMENTS; PROVIDING THE MANNER IN WHICH SUCH SPECIAL ASSESSMENTS SHALL BE MADE; PROVIDING WHEN SUCH SPECIAL ASSESSMENTS SHALL BE PAID; DESIGNATING LANDS UPON WHICH THE SPECIAL ASSESSMENTS SHALL BE LEVIED; PROVIDING FOR AN ASSESSMENT PLAT; ADOPTING A PRELIMINARY ASSESSMENT ROLL; PROVIDING FOR PUBLICATION OF THIS RESOLUTION.

WHEREAS, the Board of Supervisors (the “Board”) of the Poitras East Community Development District (the “District”) hereby determines to undertake, install, plan, establish, construct or reconstruct, enlarge or extend, equip, acquire, operate, and/or maintain the infrastructure improvements (the “Improvements”) described in the District’s Engineer’s Report and Capital Improvement Program, dated May 19, 2020, attached hereto as Exhibit A and incorporated herein by reference; and

WHEREAS, it is in the best interest of the District to pay the cost of the Improvements by special assessments pursuant to Chapter 190, Florida Statutes (the “Assessments”); and

WHEREAS, the District is empowered by Chapter 190, the Uniform Community Development District Act, Chapter 170, Supplemental and Alternative Method of Making Local Municipal Improvements, and Chapter 197, the Uniform Method for the Levy, Collection and Enforcement of Non-Ad Valorem Assessments, Florida Statutes, to finance, fund, plan, establish, acquire, construct or reconstruct, enlarge or extend, equip, operate, and maintain the Improvements and to impose, levy and collect the Assessments; and

WHEREAS, the District hereby determines that benefits will accrue to the property improved, the amount of those benefits, and that special assessments will be made in proportion to the benefits received as set forth in the Master Assessment Methodology Report, dated May

18, 2020, attached hereto as Exhibit B and incorporated herein by reference and on file at 12051 Corporate Boulevard, Orlando, Florida 32817 (the “District Records Office”); and

WHEREAS, the District hereby determines that the Assessments to be levied will not exceed the benefit to the property improved.

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

Assessments shall be levied to defray a portion of the cost of the Improvements.

The nature and general location of, and plans and specifications for, the Improvements are described in Exhibit A, which is on file at the District Records Office. Exhibit B is also on file and available for public inspection at the same location.

The total estimated cost of the Improvements is $53,000,000 (the “Estimated
Cost”).

The Assessments will defray approximately $69,710,000 which includes the Estimated Cost, plus financing-related costs, capitalized interest and a debt service reserve.

The manner in which the Assessments shall be apportioned and paid is set forth in
Exhibit B, including provisions for supplemental assessment resolutions.

The Assessments shall be levied, within the District, on all lots and lands adjoining and contiguous or bounding and abutting upon the Improvements or specially benefitted thereby and further designated by the assessment plat hereinafter provided for.

There is on file, at the District Records Office, an assessment plat showing the area to be assessed, with certain plans and specifications describing the Improvements and the estimated cost of the Improvements, all of which shall be open to inspection by the public.

Commencing with the year in which the Assessments are levied and confirmed, the Assessments shall be paid in not more than (30) thirty annual installments. The Assessments may be payable at the same time and in the same manner as are ad-valorem taxes and collected pursuant to Chapter 197, Florida Statutes; provided, however, that in the event the uniform non ad-valorem assessment method of collecting the Assessments is not available to the District in any year, or if determined by the District to be in its best interest, the Assessments may be collected as is otherwise permitted by law.

The District Manager has caused to be made a preliminary assessment roll, in accordance with the method of assessment described in Exhibit B hereto, which shows the lots and lands assessed, the amount of benefit to and the assessment against each lot or parcel of land and the number of annual installments into which the assessment may be divided, which assessment roll is hereby adopted and approved as the District's preliminary assessment roll.

The Board shall adopt a subsequent resolution to fix a time and place at which the owners of property to be assessed or any other persons interested therein may appear before the Board and be heard as to the propriety and advisability of the assessments or the making of the Improvements, the cost thereof, the manner of payment therefore, or the amount thereof to be assessed against each property as improved.

The District Manager is hereby directed to cause this Resolution to be published twice (once a week for two (2) consecutive weeks) in a newspaper of general circulation within Orange County and to provide such other notice as may be required by law or desired in the best interests of the District.

This Resolution shall become effective upon its passage.

PASSED AND ADOPTED this 19th day of May, 2020.

ATTEST:	POITRAS EAST COMMUNITY DEVELOPMENT DISTRICT

Secretary/Assistant Secretary	Chairman, Board of Supervisors

Exhibit A:	Engineer’s Report and Capital Improvement Program, dated May 19, 2020.
Exhibit B:	Master Assessment Methodology Report, dated May 18, 2020.

Poitras East Community Development District

Resolution 2020-03, Setting Public Hearing for Levy of
Master Special Assessments

RESOLUTION 2020-03

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE POITRAS EAST COMMUNITY DEVELOPMENT DISTRICT SETTING A PUBLIC HEARING TO BE HELD ON TUESDAY, JULY 21, 2020, AT 4:00 P.M. AT 6900 TAVISTOCK LAKES BOULEVARD, SUITE 200, ORLANDO, FLORIDA 32827, FOR THE PURPOSE OF HEARING PUBLIC COMMENT ON IMPOSING SPECIAL ASSESSMENTS ON CERTAIN PROPERTY WITHIN THE DISTRICT GENERALLY DESCRIBED AS THE POITRAS EAST COMMUNITY DEVELOPMENT DISTRICT IN ACCORDANCE WITH CHAPTERS 170, 190 AND 197, FLORIDA STATUTES.

WHEREAS, the Board of Supervisors of the Poitras East Community Development District (“Board”) has previously adopted Resolution 2020-02 entitled:

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE POITRAS EAST COMMUNITY DEVELOPMENT DISTRICT DECLARING SPECIAL ASSESSMENTS; INDICATING THE LOCATION, NATURE AND ESTIMATED COST OF THOSE INFRASTRUCTURE IMPROVEMENTS WHOSE COST IS TO BE DEFRAYED BY THE SPECIAL ASSESSMENTS; PROVIDING THE PORTION OF THE ESTIMATED COST OF THE IMPROVEMENTS TO BE DEFRAYED BY THE SPECIAL ASSESSMENTS; PROVIDING THE MANNER IN WHICH SUCH SPECIAL ASSESSMENTS SHALL BE MADE; PROVIDING WHEN SUCH SPECIAL ASSESSMENTS SHALL BE PAID; DESIGNATING LANDS UPON WHICH THE SPECIAL ASSESSMENTS SHALL BE LEVIED; PROVIDING FOR AN ASSESSMENT PLAT; ADOPTING A PRELIMINARY ASSESSMENT ROLL; PROVIDING FOR PUBLICATION OF THIS RESOLUTION.

WHEREAS, in accordance with Resolution 2020-02, a Preliminary Special Assessment Roll has been prepared and all other conditions precedent set forth in Chapters 170, 190 and 197, Florida Statutes, to the holding of the aforementioned public hearing have been satisfied, and the roll and related documents are available for public inspection at 12051 Corporate Boulevard, Orlando, Florida 32817, (407) 382-3256 (“District Manager’s Office”).

NOW THEREFORE BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE POITRAS EAST COMMUNITY DEVELOPMENT DISTRICT:

1

There is hereby declared a public hearing to be held on Tuesday, July 21, 2020 at 4:00 p.m. for the purpose of hearing comment and objections to the proposed special assessment program for District improvements as identified in the Preliminary Special Assessment Roll, a copy of which is on file. Affected parties may appear at the meeting or submit their comments in writing prior to the hearing to the District Manager’s Office. The hearing may be conducted remotely, pursuant to media technology and/or by telephone pursuant to Executive Orders 20-52, 20-69, 20-112, and 20-114 issued by Governor DeSantis on March 9, 2020, March 20, 2020, and April 29, 2020, respectively, as such orders may be extended, respectively, and pursuant to Section 120.54(5)(b)2., Florida Statutes. In the event that conditions allow the meeting to be held in person, it will be held at the following location:

LOCATION:	6900 Tavistock Lakes Boulevard Suite 200
Orlando, Florida 32827

Notice of said hearing shall be advertised in accordance with Chapters 170, 190 and 197, Florida Statutes, and the District Manager is hereby authorized and directed to place said notice in a newspaper(s) of general circulation within Orange County (by two publications one week apart with the first publication at least twenty (20) days prior to the date of the hearing established herein). The District Manager shall file a publisher's affidavit with the District Secretary verifying such publication of notice. The District Manager is further authorized and directed to give thirty (30) days written notice by mail of the time and place of this hearing to the owners of all property to be assessed and include in such notice the amount of the assessment for each such property owner, a description of the areas to be improved and notice that information concerning all assessments may be ascertained at the District Manager’s Office. The District Manager shall file proof of such mailing by affidavit with the District Secretary.

This Resolution shall become effective upon its passage.

PASSED AND ADOPTED this 19th day of May, 2020.

ATTEST:	POITRAS EAST COMMUNITY DEVELOPMENT DISTRICT

Secretary/Assistant Secretary	Chairman

2

Poitras East Community Development District

Payment Authorization Nos. 062 – 065

Poitras East Community Development District

Payment Authorization #062
4/10/2020

Item
No.	Payee	Invoice
Number	General
Fund	

1	
Carr Riggs & Ingram
FY 2019 Audit	

16867324	

$ 1,000.00	
		
TOTAL	
$ 1,000.00	

Chairperson

Poitras East Community Development District

Payment Authorization #063
4/17/2020

Item
No.	Payee	Invoice
Number	General
Fund	Capital
Fund	

1	
Donald W McIntosh Associates				
	Engineering Fees Through 03/27/2020	37718	$	195.98		
	Construction Engineering Fees Through 03/27/2020	37719		$	327.00	
			
$	195.98	
$	327.00	

TOTAL	
$522.98	

Chairperson

Poitras East Community Development District c/o Fishkind & Associates, Inc.

RECEIVED APR 1 9 2020

Poitras East Community Development District

Payment Authorization #064
4/24/2020

Item	Payee
No.

Invoice Number

General Fund

1	PFM Group Consulting
	DM Fee: April 2020	DM-04-2020-0058	$ 2,916.67	
	Website Fee: April 2020	DM-04-2020-0059	$	125.00	
2	Supervisor Fees - 04/21/2020 Meeting
Richard Levey		
$	200.00	
	Heather Isaacs		$	200.00	
			
$ 3,441.67	
		TOTAL	$ 3,441.67	

Chairperson

Poitras East Community Development District c/o Fishkind & Associates, Inc.

RECEIVED APR 2 7 2020

Poitras East Community Development District

Payment Authorization #065
5/1/2020

Item No.

Payee	Invoice
Number

General Fund

1	Orlando Sentinel
Legal Advertising Through 04/19/2020 (Ad: 6651927)	osc19326150	$	346.25

TOTAL	$	346.25

Chairperson

Poitras East Community Development District c/o Fishkind & Associates, Inc.

RECEIVED MAY O 4 2020

Poitras East Community Development District

Work Authorizations/Proposed Services
(if applicable)

Poitras East Community Development District

District’s Financial Position and Budget to Actual YTD

Poitras East CDD
Statement of Financial Position As of 4/30/2020

General Fund	Capital Projects Fund

Total

Assets

Current Assets

General Checking Account	$1,832.59				$1,832.59	
Accounts Receivable - Due from Developer	3,322.50				3,322.50	
Total Current Assets	$5,155.09		$0.00		$5,155.09	

Total Assets	$5,155.09		$0.00		$5,155.09	

Liabilities and Net Assets					
Current Liabilities
Accounts Payable	$10,769.99				
$10,769.99	
Deferred Revenue	3,322.50				3,322.50	
Accounts Payable		$691.00		691.00	
Total Current Liabilities	$14,092.49		$691.00		$14,783.49	
Total Liabilities	$14,092.49		$691.00		$14,783.49	

Net Assets
Net Assets, Unrestricted	($22,799.75)				

($22,799.75)	
Current Year Net Assets, Unrestricted	(29,340.86)				(29,340.86)	
Net Assets - General Government	42,849.70				42,849.70	
Current Year Net Assets - General Government	353.51				353.51	
Net Assets, Unrestricted		($625.00)		(625.00)	
Current Year Net Assets, Unrestricted		(66.00)		(66.00)	
Total Net Assets	($8,937.40)		($691.00)		($9,628.40)	
					
Total Liabilities and Net Assets	$5,155.09		$0.00		$5,155.09	

Poitras East CDD Statement of Activities As of 4/30/2020

General Fund	Capital Projects
Fund

Total

Revenues

Developer Contributions	$50,000.00				$50,000.00	
Inter-Fund Transfers In	(29,340.86)				(29,340.86)	
Inter-Fund Transfers In			$29,340.86		29,340.86	
Total Revenues	$20,659.14		$29,340.86		$50,000.00	

Supervisor Fees	$2,200.00				$2,200.00	
D&O Insurance	2,306.00				2,306.00	
Management	20,416.69				20,416.69	
Engineering	5,564.48				5,564.48	
District Counsel	12,080.11				12,080.11	
Audit	1,000.00				1,000.00	
Postage & Shipping	12.70				12.70	
Legal Advertising	2,197.51				2,197.51	
Web Site Maintenance	875.00				875.00	
Dues, Licenses, and Fees	175.00				175.00	
General Insurance	2,819.00				2,819.00	
Engineering			$21,917.00		21,917.00	
District Counsel			7,200.50		7,200.50	
Legal Advertising			289.36		289.36	
Total Expenses	$49,646.49	$29,406.86	$79,053.35

her Revenues (Expenses) & Gains (Losses)	
Total Other Revenues (Expenses) & Gains (Losses)	$0.00		$0.00		$0.00	
Change In Net Assets	($28,987.35)		($66.00)		($29,053.35)	

Net Assets At Beginning Of Year	
$20,049.95		
($625.00)		
$19,424.95	

Net Assets At End Of Year	
($8,937.40)		
($691.00)		
($9,628.40)	

Expenses

Ot

Poitras East CDD
Budget to Actual
For the Month Ending 4/30/2020

Year To Date

Actual	Budget	Variance

FY 2020
Adopted Budget

Revenues

Developer Contributions	$	50,000.00		$	106,487.50		$	(56,487.50)		$ 182,550.00	
Net Revenues	$	50,000.00		$	106,487.50		$	(56,487.50)		$ 182,550.00	

General & Administrative Expenses

Supervisor Fees	$	2,200.00		$	2,800.00		$	(600.00)		$	4,800.00	
D&O Insurance	2,306.00		1,458.31		847.69		2,500.00	
Trustee Services	-		3,500.00		(3,500.00)		6,000.00	
Management	20,416.69		20,416.69		-		35,000.00	
Engineering	5,564.48		7,000.00		(1,435.52)		12,000.00	
Dissemination Agent	-		2,916.69		(2,916.69)		5,000.00	
District Counsel	12,080.11		14,583.31		(2,503.20)		25,000.00	
Assessment Administration	-		4,375.00		(4,375.00)		7,500.00	
Reamortization Schedules	-		291.69		(291.69)		500.00	
Audit	1,000.00		3,500.00		(2,500.00)		6,000.00	
Travel and Per Diem	-		291.69		(291.69)		500.00	
Telephone	-		58.31		(58.31)		100.00	
Postage & Shipping	12.70		58.31		(45.61)		100.00	
Copies	-		58.31		(58.31)		100.00	
Legal Advertising	2,197.51		4,666.69		(2,469.18)		8,000.00	
Miscellaneous	-		4,972.94		(4,972.94)		8,525.00	
Web Site Maintenance	875.00		1,575.00		(700.00)		2,700.00	
Dues, Licenses, and Fees	175.00		102.06		72.94		175.00	
General Insurance	2,819.00		1,779.19		1,039.81		3,050.00	
Landscaping Maintenance & Material	-		32,083.31		(32,083.31)		55,000.00	
Total General & Administrative Expenses	$	49,646.49		$	106,487.50		$	(56,841.01)		$ 182,550.00	

Total Expenses

  $	49,646.49 

   $	106,487.50 

   $	(56,841.01)

  $ 182,550.00 

   

Net Income (Loss)

$	353.51	$

-	$	353.51	$	-