Poitras East Community Development District
3501 Quadrangle Boulevard, Suite 270, 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 (“District”), scheduled to be held at 4:00 p.m. on Tuesday, June 17, 2025, at 6900 Tavistock Lakes Blvd., Ste. 200, Orlando, FL 32827. A quorum will be confirmed prior to the start of the meeting.

District Staff, please use the following information to join via the computer or the conference line: Phone: 1-844-621-3956	Computer: pfmcdd.webex.com	Participant Code: 2531 126 0013# BOARD OF SUPERVISORS’ MEETING AGENDA
Organizational Matters
Roll Call to Confirm Quorum
Public Comment Period
Consideration of the Minutes of the May 20, 2025, Board of Supervisors’ Meeting

Business Matters
Consideration of Responses to Requests for Proposals for Underwriting Services for Special Assessment Revenue and Refunding Bonds, Series 2025
Consideration of OUC Electrical Utility Easement Agreement for Laureate Park N2 – Phase 1 (Alley Tracts)
Ratification of Operation and Maintenance Expenditures Paid in May 2025 in an amount totaling $7,972.54
Ratification of Requisition Nos. 2020-402 – 2020-407 Paid in May 2025 in an amount totaling $323,858.69
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
Landscape Supervisor
Irrigation Supervisor
Supervisor Requests

Adjournment

Poitras East Community Development District

Minutes of the May 20, 2025, Board of Supervisors’ Meeting

POITRAS EAST COMMUNITY DEVELOPMENT DISTRICT BOARD OF SUPERVISORS’ MEETING MINUTES

FIRST ORDER OF BUSINESS	Roll Call to Confirm Quorum

The Board of Supervisors’ Meeting for the Poitras East Community Development District was called to order on Tuesday, May 20, 2025, at 4:00 p.m. at 6900 Tavistock Lakes Blvd., Ste. 200, Orlando, FL 32827.
Present:

Richard Levey Rob Adams
Brent Schademan Frank Paris
Also attending:

Chairman
Vice Chairman Assistant Secretary Assistant Secretary

Jennifer Walden Blake Firth Lynne Mullins Amanda Lane Kevin Plenzler Michael Dennis

PFM PFM PFM PFM PFM PFM

(via phone) (via phone) (via phone) (via phone)

Jeffrey Newton Bob Schanck Tucker Mackie Dan Young Grant Philbeck DJ Batten Michael Baldwin Misty Taylor

SECOND ORDER OF BUSINESS

Donald W. McIntosh Associates Donald W. McIntosh Associates
Kutak Rock Tavistock Berman Berman Jefferies BMO	(via phone) (via phone)
(via phone)	
	
Public Comment Period	

Dr. Levey called for public comments. He noted there were no members of the public present.

THIRD ORDER OF BUSINESS	Swearing in Newly Elected Board Member

Ms. Walden noted for the record that Mr. Ron Domingue was sworn in prior to the meeting.

FOURTH ORDER OF BUSINESS	Consideration of the Minutes of the April 15, 2025, Board of Supervisors’ Meeting

The Board reviewed the minutes of the April 15, 2025, Board of Supervisors’ Meeting.

On motion by Mr. Adams, seconded by Mr. Paris, with all in favor, the Board of Supervisors for the Poitras East Community Development District approved the Minutes of the April 15, 2025, Board of Supervisors’ Meeting.

FIFTH ORDER OF BUSINESS	Letter from Supervisor of Elections – Orange County

Ms. Walden noted that as April 15, 2025, there are 1,331 registered voters in the Poitras East Community Development District. No action is required.

Mr. Adams asked if the terms will time out in the next two years. Ms. Walden replied that two seats ran this past November, but no one ran so the seats have been carried over. She noted the next two seats will switch over in 2026 and then two years later, the last seat will switch over to a resident seat.

SIXTH ORDER OF BUSINESS	Consideration of Resolution 2025-06, Election of Officers

Ms. Walden reviewed the current slate of officers and recommended replacing Julie Salvo with Ron Domingue as an Assistant Secretary.

On motion by Mr. Paris, seconded by Mr. Schademan, with all in favor, the Board of Supervisors for the Poitras East Community Development District approved Resolution 2025-06, Election of Officers with Richard Levey as Chair, Rob Adams as Vice Chair, Jennifer Walden as Secretary, Lynne Mullins, Frank Paris, Brent Schademan, and Ron Domingue as Assistant Secretaries, Jennifer Glasgow as Treasurer, Amanada Lane, Amy Champange, Rick Montejano, and Verona Griffith as Assistant Treasuers.

SEVENTH ORDER OF BUSINESS	Consideration of Responses to Requests for Proposals for Underwriting Services for Special Assessment Revenue and Refunding Bonds, Series 2025

Ms. Walden stated more time is needed to review the proposals and recommends the Chair work with the Financial Advisors and come back with a recommendation for the June meeting.

Discussion ensued regarding delegating authority, subcommittees, and the procurement policies.

Dr. Levey recommended to defer this item for thirty days to allow for input from PFM and time to review the proposals.

On motion by Mr. Adams, seconded by Mr. Paris, with all in favor, the Board of Supervisors for the Poitras East Community Development District deferred Responses to Requests for Proposals for Underwriting Services for Special Assessment Revenue and Refunding Bonds, Series 2025 for thirty days.

EIGHTH ORDER OF BUSINESS	Consideration of Data Sharing and Usage Agreement with Orange County Property Appraiser’s Office

Ms. Walden noted the Orange County Property Appraiser’s Office is still working on the standard agreement for their services and have provided the District with their Data Sharing Usage Agreement in the meantime. She stated this Agreement notes that the District will not share any confidential information from the Property Appraiser’s Office.

On motion by Mr. Adams, seconded by Mr. Paris, with all in favor, the Board of Supervisors for the Poitras East Community Development District approved the Data Sharing and Usage Agreement with Orange County Property Appraiser’s Office.

NINTH ORDER OF BUSINESS	Consideration of Resolution 2025-07, Approving a Preliminary Budget for Fiscal Year 2026 and Setting a Public Hearing Date

Ms. Walden reviewed the preliminary budget for Fiscal Year 2026, noting the District is slated to keep O&M assessments the same. She recommended Tuesday, August 19, 2025, at 4 p.m., which would be the regular scheduled Board meeting, for the public hearing date.

On motion by Mr. Adams, seconded by Mr. Paris, with all in favor, the Board of Supervisors for the Poitras East Community Development District approved Resolution 2025-07, Approving a Preliminary Budget for Fiscal Year 2026 and Setting a Public Hearing Date for Tuesday, August 19, 2025, at 4:00 p.m. at 6900 Tavistock Lakes Blvd., Suite 200, Orlando, FL 32827.

TENTH ORDER OF BUSINESS	Ratification	of		Operation	and	
	Maintenance	Expenditures	Paid	in	
	April	2025	in	an	amount	totaling	
	$37,193.30					
The Board reviewed the O&M expenditures paid in April 2025.					

On motion by Mr. Paris, seconded by Mr. Adams, with all in favor, the Board of Supervisors for the Poitras East Community Development District ratified Operation and Maintenance Expenditures Paid in April 2025 in an amount totaling $37,193.30.

ELEVENTH ORDER OF BUSINESS	Ratification of Requisition Nos. 2020- 396 – 2020-401 Paid in April 2025 in an amount totaling $249,850.91

The Board reviewed Requisition Nos. 2020-396 – 2020-401 paid in April 2025.

On motion by Mr. Paris, seconded by Mr. Adams, with all in favor, the Board of Supervisors for the Poitras East Community Development District ratified Requisition Nos. 2020-396 – 2020-401 Paid in April 2025 in an amount totaling $249,850.91.

TWELFTH ORDER OF BUSINESS	Recommendation	of	Work Authorization/Proposed Services

Ms. Walden noted there are no Work Authorizations at this time.

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

Ms. Walden stated the financials have been updated through April. The District has spent approximately 33% of the adopted budget.

FOURTEENTH ORDER OF BUSINESS	Staff Reports

District Counsel –	No report.	
District Manager –	Ms. Walden stated the next Board Meeting is scheduled for Tuesday, June 17, 2025.	
District Engineer –	Mr. Newton stated there is a Construction Contract Status Memo (Minutes Exhibit A) for the Board’s review. He noted that both Lift Station G and Centerline Drive Segment H1 are currently projected to be completed around the end of June, but are more likely to be completed sometime in July.	
Construction Supervisor –	No report.	
Landscape Supervisor –	No report.	
Irrigation Supervisor –	Mr. Batten stated he has two updates. First, there will be a meeting with
the City tomorrow regarding the readings on the reclaimed water. Second, is that Toll Brothers stated they will put sleeves into their entrances so the	
irrigation cable wiring can be repaired.

FIFTEENTH ORDER OF BUSINESS	Supervisor Requests

Mr. Adams stated there was a request by one of the builder partners for the District to look into adding a raised crosswalk on Pearson Ave. near the southernmost crosswalk heading toward Boggy Creek Rd. He noted as the traffic increases it gets busier in the area and lots of cars are going faster. There was brief discussion regarding the location, which was determined to be at Ballast Drive. Mr. Young stated he will raise this suggestion with the City.

SIXTEENTH ORDER OF BUSINESS	Adjournment

On motion by Mr. Schademan, seconded by Mr. Adams, with all in favor, the May 20, 2025, 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:	May 20, 2025

TO:	Poitras East Community Development District Board of Supervisors
FROM:	McIntosh Associates, an LJA company District Engineer
RE:	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.

Lift Station G – Jr. Davis Construction Company
Construction Status: Force main as-built drawings were received on 5/12/25, and record drawings are in process; anticipate submitting to OCU by 5/23/25. Lift station startup is currently targeted for mid-June.
Change Order (C.O.) Status: None.
Recommended Motion: None.

Centerline Drive Segment H1 – Jr. Davis Construction Company
Construction Status: Roadway base and curb and gutter have been installed. Roundabout concrete paving, retaining wall, drainage system, and pavers are planned to commence in early-June. Asphalt paving is anticipated to be completed by late-June.
Change Order (C.O.) Status: None
Recommended Motion: None

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

c:	Dan Young Drew Dawson Chris Wilson Hudson Larson Will Stafford Tarek Fahmy

\\ljaeng.com\shares\DWMA\Projects\Proj2017\17170\ENGadmin\C\ec487 Construction Memo 05-20-25.docx

Poitras East Community Development District Poitras East - Parcel N-2 - Lift Station G Change Order Log
Jr. Davis Construction Company

C.0.#	

Date	

Description of Revision	
Additional Days	

Amount	

Status	New Contract Amount Original Contract
Date	

To Board	

Approval Date	

Notes	
						$	2 275,140.00				

1	
8/19/2024	Gravity Sewer Improvements and Landscape/Irrigation for Luminary Boulevard to serve adjacent Toll Brothers
residential communitv.		
$	143,802.80	
Approved	
$	2,418,942.80	
8/20/2024	
8/20/2024		
l	8/19/2024	Two Fire Hydrant Assemblies that were added to the plans in response to City
comments.		$	21,850.00	
Approved	$	2,440,792.80	8/20/2024	8/20/2024		

										

										
										
Days to Substantial Completion	330	Revised Contract Amount	$	2,440,792.80				
Days to Contract Completion	360							
NOC Date	5/30/2024							
Substantial Completion Date	4/2512025							
Contract Completion Date	512512025							

Poitras East Community Development District Centerline Drive Sement H-1
Change Order Log
Jr. Davis Construction Company

C.0.#	

Date	

Description of Revision	
Additional Days	

Amount	

Status	New
Contract Amount Original Contract Date	

To Board	

Approval Date	

Notes	
			180			$	3,277,952.23				
1	10/22/2024	Revised Plans Not Included in Original Contract and Comparison	30	$	80,714.03		$	3,358,666.26	11/19/2024	11/19/2024		
i	
111512025	
Landscape & Irrigation	
0	
$	369,461.00		
$	3,728,127.26	
1/21/2025	
3/10/2025		

										

										
										
Days to Substi111U�I Completion	210	Revised Co11tract Amoum S	3,128,127-26				
Days to Contract Completion	240							
NOC Date	7/16/2024							
Substantial Completion Date	2/11/2025							
Contract Completion Date ,	3/13/2025							

Poitras East Community Development District

Responses to RFP for Underwriting Services for Special Assessment Revenue and
Refunding Bonds, Series 2025

Poitras East Community Development District
Special Assessment Revenue and Refunding Bonds, Series 2025 Request for Proposals Summary - Organized Alphabetically

Proposal Requirements	FMS	Jefferies	MBS	

Contact Information	Jon Kessler Executive Director
20660 W. Dixie Highway North Miami Beach, Florida 33180
305-692-4124
jkessler@fmsbonds.com	Mike Baldwin Senior Vice President
200 S Orange Ave, Suite 1440
Orlando, Florida 32801
407-583-0874
michael.baldwin@jefferies.com	Brett Sealy Managing Partner 152 Lincoln Avenue
Winter Park, Florida 32789 407-808-0685
brett@mbscapitalmarkets.com	

1. Credentials	2D. Special Assessment Transaction Experience Since 2022
(unless specified)	2022	
504 total transactions ($5.66 billion); does not specify which are Special Assessment transactions	
22 Special District transactions ($1.6 billion), 11 of which are Special Assessment transactions ($588 million)	

145 Special Assessment transactions ($1.81 billion)	
		2023				
		2024				
	
Additional Information	
Detailed transaction list is provided	Has served as underwriter for 3 issuances for Boggy Creek ID, 1 for Greenaway ID & 1 for Myrtle Creek ID

Detailed transaction list is provided	Served as sole manager for 2 issuances at Sunridge & 1 issuance for Poitras East (inaugural issuance)

Detailed transaction list is provided	

2. Plan of Finance	Proposed Structure	4 term bonds	4 term bonds	4 term bonds	

Terms/Spreads	Term 2030	2030 + 140 bps	2030 + 137 bps	2030 + 140 bps	
		Term 2035	2035 + 140 bps	2035 + 131 bps	2035 + 139 bps	
		Term 2045	2045 + 140 bps	2045 + 131 bps	2045 + 135 bps	
		Term 2055	2055 + 140 bps	2055 + 126 bps	2055 + 137 bps	
	
Reserve Fund	50% MADS at issuance
25% MADS at development completion/platting 10% MADS once homes receive cert. of occupancy	50% MADS at issuance
10% MADS upon achieving 98% buildout	25% MADS at issuance
10% MADS once certain development thresholds are met	

Call Provisions	

Does not specify	Recommends exploring 8-year par call to match the District's existing
$19.6 million Series 2023 Bonds callable on 5/1/2033; has experience with 5-year call options beginning at 103% premium and declining to par at year 8

Detailed transaction list is provided	

10 year par call	

Potential Investors	

Nuveen, Goldman Sachs AM, First Eagle, Franklin Funds, First Trust, PIMCO, Invesco, Blackrock & MacKay Shields	- Generated orders from 55 investors (including 20 new investors) totaling $2.5 billion for Village CDD No. 15, Series 2024 & order from 52 investors totaling $1.5 billion for Sumter Landing CDD, Series 2025

Blackrock, Franklin, Nuveen, Clearwater Capital, Olive Street, SIT investments, GSAM, Lord Abbett, Invesco, T. Rowe Price, Fidelity, JPM AM, First Eagle, MacKay Shields, Amundi Pioneer, Manulife, Vanguard, PIMCO, Columbia, All spring, Putnam, Alliance Bernstein, MFS, Belle Haven, CapRe & Neuberger Berman	
Has developed an alternate lender base primarily consisting of family offices, private funds, and ultra high net-worth individuals in addition to high-yield institutional investors;

Nuveen, Goldman Sachs AM, Franklin, Blackrock, Lord Abbett, Alliance Bernstein, Allspring, Putnam, PIMCO, First Eagle, MFS, SIT Investors, Capital Group, T. Rowe Price, Federated Investors, First Trust, MacKay Shields, Prudential, Eaton Vance, Invesco	

3. Fees	Underwriter's Discount (without Counsel )	$15.00	$10.59	$15.00	
	Underwriter's Discount (with Counsel )	$18.21	$13.88	$18.50	
	
Underwriter's Counsel	Gray Robinson or Squire Patton Boggs	Nabors, Giblin & Nickerson	Nabors, Giblin & Nickerson	
		$35,000	$35,000	$35,000	

4. Additional Information	

FMS is willing to provide a firm commitment to underwrite the bonds at a spread of BVAL + 140	
References for Tavistock, The Villages, Babcock Ranch, MDC Holdings, Cabot & Celebration Pointe are provided
- Ability to underwrite $14.1 billion without pre-sale orders
Has traded over $14 billion across Florida issuers & $391 billion nationally since 2020	Specifics to the District's Inaugural 2023 Financing:
- Evaluated contractual assessment cap limitations/contributions
Successful BAN renegotiation/amendment with the bank, reducing facility from a $25 million line to $13 million line
- Elimination of CAPI thru shortfall funding agreement
DSRF structured at 50% MADS with a reduction down to 10% once thresholds are met	

Poitras East Community Development District
Special Assessment Revenue and Refunding Bonds, Series 2025 Request for Proposals Summary - Organized Alphabetically

Proposal Requirements	Truist	Wells Fargo	Ziegler	

Contact Information	Meg Boyles Director
3333 Peachtree Rd.
Atlanta, Georgia 30305
404-210-4946
meg.boyles@truist.com	Tom Wynne Executive Director
100 S Ashely Dr, 10th Floor Tampa, Florida 33602	John Balzano Senior Vice President
One North Wacker, Suite 2000 Chicago, Illinois 60606
312-596-1567
jbalzano@ziegler.com	

1. Credentials	2D. Special Assessment Transaction Experience Since 2022
(unless specified)	2022		14 ($348.7 million)	-	
		2023	-	2 ($33.5 million)	-	
		2024		13 ($1.07 billion)	1 ($4.6 million)	
	
Additional Information	
New to special assessment transactions	
Detailed transaction list for land secured deals included	
-	

2. Plan of Finance	Proposed Structure	3 term bonds	4 term bonds	3 term bonds	

Terms/Spreads	Term 2030	-	2030 + 149 bps	-	
		Term 2035	2035 + 153 bps	2035 + 149 bps	2035 + 94 bps	
		Term 2045	2045 + 162 bps	2045 + 158 bps	2045 + 100 bps	
		Term 2055	2055 + 157 bps	2055 + 151 bps	2055 + 99.5 bps	
	
Reserve Fund	
50% of MADS	
50% of MADS; with releases as the project matures	
50% of MADS that steps down to 10% after substantial absorption	

Call Provisions	

Does not specify	

10 year par call	

10 year par call or shorter	

Potential Investors	
Goldman Sachs, Nuveen, Capital Group, Invesco, Frankin Resources, Blackrock, Freedom Fund Management, Vanguard, First Eagle, Betashares, Olive Street, PIMCO, Alliance Bernstein, Grace Partners, T. Rowe Price, Clearwater Management, SIT Investment;

Also has relationships with hedge funds, infrastructure funds, private credit providers and international buyers interested in US municipal investment	

Goldman Sachs AM, Invesco, First Eagle, Betashares, Allianz SE, Blackrock, Franklin, Clearwater Management, Nuveen, Olive Street, SIT Investment Associates	

Betashares Capital, Blackrock, Capital Group, Clearwater Management, Franklin Resources, Goldman Sachs, Invesco, Olive Street Investment, SIT Investment Associates, T Rowe Price Group, Nuveen	

3. Fees	Underwriter's Discount (without Counsel )	$15.00	$10.29	$10.95	
	Underwriter's Discount (with Counsel )	$18.50	$14.29	$16.59	
	
Underwriter's Counsel	Nabors, Giblin & Nickerson	Nabors, Giblin & Nickerson	Squire Patton Boggs	
		Consistent with 2023 Transaction	$40,000	$60,000	

4. Additional Information	
Special assessment transactions are a new part of the firm's business. Tax Revenue bonds are a fast growing segment, guided by its real estate/municipal businesses in Florida. 2 large scale financings provided in proposal: Miami World center & Centennial Yards (Atlanta)	
- Total equity of $166.2 billion
- Distribution Network sales force: (13 institutional, 56 middle market, 11,500 retail)
- 4 person high-yield trading team	

References for Olympus CDD (Series 2024) & Hollywood Beach CDD (Series 2020)	

Poitras East Community Development District

OUC Electrical Utility Easement Agreement for Laureate Park N2 Phase 1 (Alley Tracts)

Prepared By and Return To Wayne Morris, Esquire
Property and Right of Way, Orlando Utilities Commission
P.O. Box 3193
Orlando, Florida 32802

ORLANDO UTILITIES COMMISSION ELECTRICAL UTILITY EASEMENT AGREEMENT
(Work Order # 787337)

THIS ELECTRICAL UTILITY EASEMENT AGREEMENT (the “Agreement”) is made and entered into this   
		 day of 	, 2025, by and among POITRAS EAST COMMUNITY DEVELOPMENT DISTRICT, a local unit of special-purpose government established pursuant to Chapter 190, Florida Statutes, whose address is c/o PFM Group Consulting LLC, 3501 Quadrangle Boulevard, Suite 270, Orlando, Florida 32817 (referred to herein as the “GRANTOR”), and the ORLANDO UTILITIES COMMISSION, of the City of Orlando, Florida, whose address is 100 West Anderson Street, Orlando, Florida 32801 (“OUC”), and the CITY OF ORLANDO, a municipal corporation, whose address is 400 S. Orange Avenue, Orlando, Florida 32801 (“CITY”), for the use and benefit of OUC (the CITY and OUC shall hereinafter collectively be referred to as the “GRANTEE”).
WITNESSETH, that for and in consideration of the sum of Ten Dollars ($10.00) and other valuable consideration paid to the GRANTOR by the GRANTEE, the receipt whereof is hereby acknowledged, GRANTOR does hereby grant, bargain, sell and convey to the GRANTEE, its respective successors, agents and assigns, a non-exclusive easement (the “Easement”) in perpetuity for the purpose of providing, conveying, distributing, carrying or transmitting electric power (or other power) and communication services (such communication services being expressly limited to the internal communications of GRANTEE relating to the provision of electrical power, chilled water services or other power), together with the right, privilege and authority to construct, locate, lay, maintain, operate, inspect, alter, improve, augment, repair, remove, replace, and rebuild pipes, poles, wires, cables, mains, conduits, equipment and all other facilities, improvements and/or accessories necessary and/or desirable in connection therewith (all of said items being hereinafter collectively referred to as the “Facilities”), which Facilities will be underground (except for above-ground transformer(s), box(es), switchgear and necessary equipment, wires, cables, facilities and accessories) and located on, through, over, across and/or under the following specific non-exclusive easement area within their respective premises, situated in the County of Orange and State of Florida, to-wit:

See Legal Description of the easement area attached hereto as Exhibit “A”
and incorporated herein by this reference (the “Easement Area”).
GRANTOR hereby covenants that no buildings, structures or other obstructions or obstacles shall be located, constructed, excavated or created within the Easement Area, except that GRANTOR reserves and retains for itself, its successors and assigns: (i) the right to curb, pave, stripe, fence, hardscape and landscape (with or without irrigation) and install directional signs and/or project identification monument signs within its respective portion of the Easement Area (excluding portions of the Easement Area containing above-ground Facilities) all in a manner not inconsistent with the rights herein granted to the GRANTEE, and (ii) the right to utilize its respective portion of the Easement Area as parking area, pedestrian trails, walkways or otherwise in any manner not inconsistent with the rights herein granted to the GRANTEE, and GRANTOR covenants not to unreasonably interfere with the Facilities. If fences, landscaping (with or without irrigation), hardscaping, directional signs and/or project identification monument signs, pedestrian trails and/or walkways are located within the Easement Area, they shall be placed so as to allow reasonable access to the Facilities and provide a working space of at least twelve feet (12’) on the opening side and three feet (3’) on the other sides of any above-ground Facilities., and provide a working space of a five foot (5’) radius around any manholes. With respect to the underground Facilities, the parties hereto acknowledge and agree that GRANTOR does hereby reserve for itself, its successors and assigns, the right to

curb, pave, stripe, fence, hardscape, landscape (with or without irrigation) and install directional signs and/or project identification monument signs within its respective portion of the Easement Area so long as such rights shall not unreasonably interfere with GRANTEE’S rights to access the Facilities.

The rights herein granted to the GRANTEE by the GRANTOR specifically include: (a) the right to cut, clear and remove from the Easement Area, any trees, limbs, undergrowth or other physical object which, in the reasonable judgment of the GRANTEE, may endanger or unreasonably interfere with the installation, use, operation or maintenance of the Facilities (provided, however, that GRANTEE agrees to commence and diligently pursue the replacement or restoration of any trees, undergrowth or other physical objects that do not endanger or unreasonably interfere with the installation, use, operation or maintenance of the Facilities or that are not inconsistent with the rights herein granted to the GRANTEE in accordance with the procedures outlined below within thirty (30) days after receiving written notice from the applicable GRANTOR); (b) the right to construct, locate, lay, maintain, operate, inspect, alter, improve, augment, repair, remove, replace, and rebuild the Facilities; (c) the reasonable right of ingress and egress to, over, across and under the Easement Area for the purpose of exercising the rights herein granted; (d) the right to do anything reasonably necessary, useful or convenient for the full enjoyment of the rights herein granted, subject to the terms and provisions hereof; and (e) the right to remove at any time any of said Facilities erected upon, under or over the Easement Area.

If this Easement shall be abandoned by GRANTEE or terminated in any manner, GRANTEE shall be allowed a reasonable period of time thereafter for the purpose of removing any of the Facilities supplied by GRANTEE and thereafter all rights and privileges hereunder shall cease and the easement privileges and rights herein granted shall revert to the applicable GRANTOR.

GRANTOR covenants that it is the owner in fee simple of the Easement Area in which the Facilities are or will be located, and that GRANTOR has the right to grant the approvals, privileges and Easement stated herein and further covenants quiet and peaceful possession, use and enjoyment of the rights herein granted subject to all matters of record and any claims caused by, through, or under GRANTOR but not otherwise.
To the extent allowable by law and subject to the limitations in Section 768.28 Florida Statutes (2025), OUC shall indemnify and hold GRANTOR harmless against any claim of liability or loss from personal injury or property damage to the extent arising out of any negligence of OUC, its servants, employees, or agents, excepting, however, such claims or damages caused by the acts of third parties.

To the extent allowable by law and subject to the limitations in Section 768.28 Florida Statutes (2025), GRANTOR shall indemnify and hold GRANTEE harmless against any claim of liability or loss from personal injury or property damage to the extent arising out of any negligence of such GRANTOR, its servants, employees, or agents, excepting, however, such claims or damages caused by the acts of third parties.

Notwithstanding anything to the contrary elsewhere in this Agreement, in no event shall any party hereto be liable to any other party for indirect, incidental, special or consequential damages, including, but not limited to, loss of revenue, loss of profit, cost of capital, or loss of opportunity regardless of whether such liability arises out of contract, tort (including negligence), strict liability, or otherwise.

The Facilities constructed by GRANTEE within the Easement Area shall be solely and exclusively for the purpose of providing electric power (or other power) and such communication services expressly limited to the internal communications of GRANTEE relating to the provision of electrical power, chilled water services or other power, and shall be installed, repaired, replaced, and maintained by GRANTEE, at GRANTEE’S sole cost and expense, so as to provide such service.

In the event that GRANTEE, its respective employees, agents, or contractors cause damage to the Easement Area or any improvements located on said property, or cause damage to other property or other improvements, in the exercise of the rights and obligations set forth herein, GRANTEE, at GRANTEE’S sole cost and expense, agrees to commence and then diligently pursue, so long as said damaged property or improvements were erected or installed in accordance with the provisions of this Agreement, the restoration of the same and the improvements so damaged to as nearly as practical the original condition and grade, including, without limitation, repair and replacement of any hardscaping, landscaping, plantings, ground cover, roadways, driveways, sidewalks, signs, parking areas, fences, walkways, and utility lines, within thirty (30) days after receiving written notice of the occurrence of any such damage, and GRANTEE shall allow no lien to

attach to the Easement Area, other property, or other improvements arising out of work performed by, for, or on behalf of GRANTEE. In the event that GRANTEE fails to commence and then diligently pursue any such restoration, repair, or replacement as required hereunder within said thirty (30) day period after receipt by GRANTEE of written notice from GRANTOR therefor, GRANTOR shall have the right, but not the obligation, to cause any such restoration, repair, or replacement and to thereafter obtain a reimbursement from GRANTEE, or its successors or assigns, within thirty (30) days after receipt of detailed invoices and bills for the reasonable third-party out-of-pocket costs incurred thereby, together with interest at the maximum allowable rate pursuant to and in accordance with the Local Government Prompt Payment Act (including but not limited to Sections 218.70 – 218.74, Florida Statutes). For purposes of this paragraph, third-party out-of- pocket costs shall be deemed to be reasonable if such costs are consistent with costs paid by GRANTEE in the ordinary course of business.

GRANTOR reserves the right, subject to GRANTEE’S consent, not to be unreasonably withheld, conditioned or delayed, to relocate or reconfigure that portion of the Easement Area lying within its property to a mutually agreeable location, provided that such GRANTOR pays all costs of any such relocation or reconfiguration of the Facilities and provides a new easement whereupon the parties agree that this Agreement shall be terminated or amended; provided, however, any new easement executed pursuant to this paragraph, shall otherwise contain the same terms and conditions provided hereunder.

GRANTOR covenants that the Facilities were located or will be located within its respective portion of the Easement Area. In the event that the GRANTOR, its contractors, sub-contractors or any of their respective employees installed the Facilities outside its portion of the Easement Area, the applicable GRANTOR, its successors, agents, or assigns, upon notification of such an event: (i) shall be responsible for all costs associated with the relocation or reconfiguration of the Facilities to the Easement Area or (ii) shall provide to the GRANTEE a new easement in the location where the Facilities exist whereupon the parties agree that this Agreement shall be amended accordingly; provided, however, any new easement executed pursuant to this paragraph shall otherwise contain the same terms and conditions provided hereunder.

By GRANTEE’S use of the Easement Area or exercise of any rights granted herein, GRANTEE agrees to comply with all the covenants, terms, provisions and conditions herein contained; provided further that all covenants, terms, provisions and conditions herein contained shall inure to and be binding upon the heirs and/or legal representatives, successors and assigns of the parties hereto, respectively, and are intended as and shall be covenants running with the land with respect to the Easement Area. Should any action be brought arising out of this Agreement, including, without limitation, any action for declaratory or injunctive relief, or any action for the enforcement hereof, the predominantly prevailing party shall be entitled to reasonable attorneys’ fees and costs and expenses of investigation, and costs of collection all as reasonably incurred, including, without limitation, attorneys’ fees, costs, and expenses of investigation incurred before, during or after trial or in any appellate proceedings or in any action or participation in, or in connection with, any case or proceeding under the United States Bankruptcy Code, or any successor statutes. Time is of the essence of this Agreement and in the performance of all conditions and covenants to be performed or satisfied by any party hereto. This Agreement may be executed in counterparts, each of which shall constitute an original, but all taken together shall constitute one and the same agreement.

[SIGNATURES CONTAINED ON THE FOLLOWING PAGES]

IN WITNESS WHEREOF, GRANTOR and GRANTEE have caused these presents to be executed in its name effective as of the day and year first written above.

	“GRANTOR”	
Signed, sealed and delivered	POITRAS EAST COMMUNITY DEVELOPMENT	
in the presence of:	DISTRICT, a local unit of special-purpose government	
	established pursuant to Chapter 190, Florida Statutes,	

By:	 Print Name:		Name:	 Address:		Title:	

Print Name:	 Address:	

STATE OF FLORIDA	)
)
COUNTY OF ORANGE	)

The foregoing instrument was acknowledged before me by means of		[ ] physical presence or [ ] online notarization,	this			day	of		,	2025,	by			,	as
	 of POITRAS EAST COMMUNITY DEVELOPMENT DISTRICT, a local unit of
special-purpose government established pursuant to Chapter 190, Florida Statutes, who is personally known to me or has provided 	 as identification (if left blank, then personally known to me).

(Signature of Notary Public)

(Typed name of Notary Public) Notary Public, State of Florida
Commission No.:	 My Commission Expires:	

	“GRANTEE”	
	ORLANDO UTILITIES COMMISSION	
	By:		

Signature of Witness	Print Name:		

Print Name:		Print Title: 		

Address:			

Signature of Witness
Print Name:	 Address:	

STATE OF FLORIDA	)
)
COUNTY OF ORANGE	)

The foregoing instrument was acknowledged before me by means of [ ] physical presence or [ ] online notarization, this   day of 	, 2025, by 	, as 	 of ORLANDO UTILITIES COMMISSION, on behalf of said commission, who is personally known to me or has provided
	 as identification (if left blank, then personally known to me).

Print Name:	 Notary Public, State of Florida
Commission No.:	 My Commission Expires:	

EXHIBIT “A”

EASEMENT AREA
Tracts A-1, A-2, A-3, A-4, A-5, A-6, A-7 and A-8, LAUREATE PARK PARCEL N-2 PHASE 1, according
to the plat thereof, as recorded in Plat Book 111, Pages 53 through 76, of the Public Records of Orange County, Florida

Poitras East Community Development District

Operation and Maintenance Expenditures Paid in May 2025 in an amount totaling $7,972.54

POITRAS EAST COMMUNITY DEVELOPMENT DISTRICT
DISTRICT OFFICE • 3501 QUADRANGLE BLVD STE 270 • ORLANDO, FL 32817
PHONE: (407) 723-5900 • FAX: (407) 723-5901

Operation and Maintenance Expenditures For Board Approval

Attached please find the check register listing Operations and Maintenance expenditures paid from May 1, 2025 through May 31, 2025. This does not include expenditures previously approved by the Board.

The total items being presented:    $7,972.54

Approval of Expenditures:

    Chairman

    Vice Chairman

    Assistant Secretary

Poitras East CDD
AP Check Register (Current by Bank)
Check Dates: 5/1/2025 to 5/31/2025

heck No.	ate	tatus*	Vendor ID	Payee Na e	A ount	
BANK ID: OM1705 - CIT' NATIONAL BANK	001-101-0000-00-01	
1%33	P	C)PRA	Ce"ra #an$sca"e		&%3'(50	
1%3-	P	*R#,).	*r+an$o ,entine+		&21'(50	
1%35	P	/01A/	/utak Rock		&252(50	
1%3 	P	P2 3C	P2  3rou" Consu+ting		&3420%(33	
1%36	P	1R0,1)	0, Bank as 1rustee 5or Poitras		&106436'(2-	
1%3%	P	0,7C	0,7C #ocating ,er8ices		&-3(00	
1%3'	P	93#*BA	93+oba+1ech		&135(00	
				BANK OM1705 REGISTER TOTAL:	$112,077.07	

BANK ID: OM-ACH - CIT' NATIONAL BANK - ACH / 0IRES	001-101-0000-00-01

60021		*0C	*r+an$o 0ti+ities Co::ission	&3426-(61

BANK OM-ACH REGISTER TOTAL:	$3,274.71

GRAND TOTAL :	$115,351.78

* Check Status Types: "P" - Printed ; "M" - Manual ; "V" - Void ( Void Date ); "A" - Application; "E" - EFT
** Denotes broken check seq ence.

Poitras East CDD
May 2025 AP Remittance Report

BANK:	OM1705	CHECK:	1833	AMOUNT:	$839.50	DATE:	05/05/25	VEND ID:	CEPRA			
Date	Invoice Number		Invoice Description					Discount Taken		Amount Paid	
02/28/25
02/28/25	O-S7620 O-S7621			PA 284 - Feb. Luminary A irrig PA 284 - Feb. Pearson irrigati				$0.00
$0.00		$585.50
$254.00	
				TOTALS:					$0.00		$839.50	
BANK:	OM1705	CHECK:	1834	AMOUNT:	$219.50	DATE:	05/05/25	VEND ID:	ORLSEN			
Date	Invoice Number		Invoice Description					Discount Taken		Amount Paid	
04/13/25	OSC114948294		PA 284 - Ad: 7782476 ; CU80003				$0.00		$219.50	
				TOTALS:					$0.00		$219.50	
BANK:	OM1705	CHECK:	1835	AMOUNT:	$252.50	DATE:	05/20/25	VEND ID:	KUTAK			
Date	Invoice Number		Invoice Description					Discount Taken		Amount Paid	
04/30/25	3555898			PA 286 - Gen. legal thru 03/31				$0.00		$252.50	
				TOTALS:					$0.00		$252.50	
BANK:	OM1705	CHECK:	1836	AMOUNT:	$3,208.33	DATE:	05/20/25	VEND ID:	PFMGC			
Date	Invoice Number		Invoice Description					Discount Taken		Amount Paid	
04/15/25	DM-04-2025-50		PA 285 - DM fee: Apr. 2025				$0.00		$3,208.33	
				TOTALS:
AMOUNT:					$0.00
TRUSTE		$3,208.33	
BANK:	OM1705	CHECK:	1837		$107,379.24	DATE:	05/20/25	VEND ID:				
Date	Invoice Number		Invoice Description					Discount Taken		Amount Paid	
05/16/25	2025.05.15		S2023 FY25 DS (239115000) Dist				$0.00		$107,379.24	
				TOTALS:
AMOUNT:					$0.00
USIC		$107,379.24	
BANK:	OM1705	CHECK:	1838		$43.00	DATE:	05/20/25	VEND ID:				
Date	Invoice Number		Invoice Description					Discount Taken		Amount Paid	
03/29/25	725815			PA 285 - Additional project ti				$0.00		$43.00	
				TOTALS:					$0.00		$43.00	
BANK:	OM1705	CHECK:	1839	AMOUNT:	$135.00	DATE:	05/20/25	VEND ID:	VGLOBA			
Date	Invoice Number		Invoice Description					Discount Taken		Amount Paid	
05/01/25	7272			PA 286 - May website maint.				$0.00		$135.00	
				TOTALS:					$0.00		$135.00	
BANK:	OM-ACH	CHECK:	70021	AMOUNT:	$3,274.71	DATE:	05/23/25	VEND ID:	OUC			
Date	Invoice Number		Invoice Description				Discount Taken		Amount Paid	
05/06/25
05/06/25
05/06/25
05/06/25	10986-050625
10986-050625
10986-050625
10986-050625		PA 286 - OUC 2025.05.06 Electr
PA 286 - OUC 2025.05.06 Water
PA 286 - OUC 2025.05.06 Street
PA 286 - OUC 2025.05.06 Taxes				$0.00
$0.00
$0.00
$0.00		$203.43
$1,438.62
$1,627.23
$5.43	
			TOTALS:				$0.00		$3,274.71	

Poitras East Community Development District

Requisition Nos. 2020-402 – 2020-407 Paid in May 2025 in an amount totaling $323,858.69

POITRAS EAST COMMUNITY DEVELOPMENT DISTRICT
DISTRICT OFFICE • 3501 QUADRANGLE BLVD STE 270 • ORLANDO, FL 32817 PHONE: (407) 723-5900 • FAX: (407) 723-5901

Requisition Recap For Board Approval

Attached please find the listing of requisitions approved to be paid from bond funds from May 1, 2025 through May 31, 2025. This does not include requisitions previously approved by the Board.

REQUISITION NO.	PAYEE	AMOUNT	
S2020-402	Donald W McIntosh Associates	$25,780.70	
S2020-403	Ferguson Waterworks	$24,152.00	
S2020-404	Jr. Davis Construction Co.	$239,230.70	
S2020-405	Boggy Creek Improvement District	$47.65	
S2020-406	Donald W McIntosh Associates	$12,635.08	
S2020-407	Orange County Utilities	$22,012.56	
	TOTAL	$323,858.69	

#O,&;DS E'S& COË DEgEÈOE‚-& D1S.;1C. ÓeÞKS,&,O- UO; #'h‚Í×
2020 -O&E DCe<1S1.1O- '-D CO-SÚ<C&,O- 'CCO<-Ø e

DD.Eµ e EDhEE¶ e 'DDfESSb e	'o[)l ®*/ !02" e
Donald á ccKntosh Dssociates Æc e 5}"0 Summit Earĉ Driveœ :th ÃlĎr e ÐlXdo/ UV 02*°0 e	fJe<,SùĆO- -Ob e 'cOßD<Jb e U<ÏD¸ e	+02 e
—2"�6*0¦60 'èąsitionzCons$[uc3on e	
KÙc· e	Se	,?ıo>ce +65"} =e dronLt 5*¯!+ 4#oiAas East CDDT Engineeęng SeĞices &Ąughe	
		00B2*«0!" xeGIwC{9§99e	
	Se	,nvoice +65:² =e Erone†t !0"2+ 4#oiAas EastxeVil Station G Evalį$)on› Âg2nee[2ng	
		SeĠces &Nroum 00¬*z202"^ GIw~|C_CÕ	
	Se	�voice +65:" =e #roFect !0"*+ 4Ce?terl2ne Dr>ve SeŠent €lT „rough 00B!*B!02"¤e	
		GICvaC³_C{	
	Se	�•oice +65:: =e EroFect 20"*" 4Centerl2ne Áve SeŠent €2T Ýum 0±B!*B202" ¥e	
		Gav~I´¨99e	
	Se	1n•oice +65:6 =e ÑoFLt !+:50 4#oiAas East^eVil S@aĦon DH ÜĐm 00B2*ª!0!"^e	
		G|£Ia_99e	
.he undeĜignee heereb certiúes that obliga3o?ġ in 8e s@Wti amount set óŒr8 above ehave been inì be 8e Dis’ct¡ e
$hat each ‡sb”sement set ôŒr�N above is a ĕ chäge againQt the !0!0 Dcpuisit2on Xe ConqĬc37n 'cco“t¢ \ke\nceY aboĲež e
$hat each ‡sb”QePZĢ set =r‘e aæove %as )Čëed )n connLħon %)‘h $he ac�)s)t)7č Xe the c7nsĭcĨon o( the !­20 droFect e
šerein aler 8e u#ronLtuH and each represents a Cost o( $ăe EroFe†�/ and heas not Ĕeviourl bïn paid` e
.he Rndersignee hee\b þrther certi‰es that there ehas not been ‰led %ith oe sòeY İon the D)sīct no3ce o( ant eien/ right to elienŸ oe aĮacNme?t upo?  oe claćm aøLti?g the r2ght to ]ce>ve patment oõ/ aċĵ o( the monieq oa …ble to the #a ee set =r8 e above/ %hich ehas not been reeleased oe %2ll not be reeleasi simultaneousl %ith 8e paĶment eñöy e

&he underQign	ehe]b ÿer ceeĪMOes that such erepuisi3on con@W2ns no item erep]senĩng oatPent on accoRnt o( an e reta)ned Ērçnģge/ %Nich the DisAict is at the Yate o( such cer3MOcate en3tli to eetWiny e
Kt is ehjeb ŽpŽsented be $he undersiāed @hat @he ¿oard o( the Dis’ct heas aēr7–e 8is ė)si$ion 7r ehas approved e @he rpî>ûc c7nAact %ith ]spˆt to %N>ch edisbursePen$s pursuWnt to this erepuisi3on å deue Xe pa ãle` e
'Ċl in–oice™sT are on MOle %i$h $he Dissict ýom $he ĳendor o( $he pěpjt aé 7r qeğices rðí %‹th reespˆt to e
%hich deisbRrsement is ee\b ee�ested© e
#OK.;¾Ö E'S. COÌ DEgEÉO#Ê. D,SÛ1C& e

Àh¹       CÄ or g1CE CÅ e
D,S&ÔC. EƒG1ƒEEÒ˜S 'd#;Oà½V UO; #;OÇC& JâJÎD,&<fJS e

„e “dersigne DisAict Engineer hereb cer�2MOes 8…t ĥs deisbR[semZt is kď a cort o( $he #ĚFec� and is consistent e Ĵ‹thº e4iH the appl>cable oeco?ssuc3on consact» 4iiH the đleans and speciMOcat>ons kor the poĝ7n o(the e#roĈect %ith Ęect to %Ă)ch e such deisbRrQement is being Pade¼ and/ 4iiiH the reepor@ o( the DisAiê EnĀnej/ aQ such Ė shall have beZ aPZded or modiüeY e
as o( Ĥ eate e ereo÷` e

P% -a) Ea)+ S2020 Re' 402: D%#a!d W McI$,%)h *)%c a,e)	A&(" 18, 2025	Page 1 %f 1

By Amanda Lane at 3:11 pm, Apr 22, 2025

PO6"FeS EAS" COÂ DEGEkOPl'" D&S"F6CÊ FhRU&SâãyO' OO0 PAVl'"
2020 ÄO"E ACRp&S&"&OQ A'D COQS"ÈÏC"&O' ACCOU'S

DAÍ± PAVEEN ADD0ESS²	Ap(il </� 202> Oerîon Ñatećorñs POofoĞ º©2/E At9anta[ iA =0=/5œ02/E	FERp6SyóôO' 'ON APOUÅ"oDÐE³o FUND:	50=
Œ25‘<>2 00 eÔsiƒøCoB)Duction	
ITEM:	Yo Yo
Yo	&nvoice 2_2/5/E 8roConsđct%on Pa,eriaJs Îrou$h 0=M=<¨202> Lo�`\cb®¡..o &nvoice 2a>a°22 8roConsĒcċon Pate(ial) oouë 05^0_M202É LoZ­\.¯¬¢..o
jnvoice 2<5<2/E 8roCons†uct%on Àaterials oo	ª^05M202> LoZ`c b«£..o	
TeoĖderKiogneo hereb! cerƒ+es that ob9i$at%ons notðe s,ated amo nt )et 8rth above have been ncuąed b! theoDosXct’
‚toeach isbursemeB� set w}rth above soa proper char$e a$ainst the 2020 Acquisi…on and Con)3Ćction Acco 1�[ ÿårenced above“
‚oeach Õisbęeme1t set w}rt? above -as @|cĘed @noconnecČon -ith theoacquisition and thÖoco1)D c3ion o# theo2020 ÆoAIĈ
:herein aèer the ŠProAIt‹; and each represents a Cost o# the ProAect” and has not Creěiousl! been Caid§
Te nderKiogn7o h7reb! érthe( cHrti+es that t?Ü has not been +9ed 4{th or served ėn the Disďct nočce o# an! liÙ ri$ht to lien• or a,tac?ment upon– or cJaim aæec„n$ the ri$ht to receive pa‰ment oÞ— a1‡ o#othe mo1{es Cqˆable ,oothe Pa!e7 set 8rth above˜ -hich has not been released oro-@ll not beore9eased simultaneo sl! -ith the pa‰ment e2oß
"he ndÝiíed he€b! êe( cvtixzes that s ch ău%sit%on conta@B) no item Ăent%B$ pa!ment onoaccoĕ1t oà a1‡ 2ta@|× ùþĉ$7™ 4hich the Dis†%ct s at theoda,e o# such cuo+ca e enĎtòed 3o (e3ain¤
6o s hereb! Āpāsented b!othH ndersign.o Hd that the foard o# theoDisXct ha) app(öved Ċ%s rÚ isi,ion oroha) aúroved the spsi+c conDact 4ith respst too4ïoch disb rseõen3s purKuant ÷othis rÛsition a2od e and Cqˆable¥
All nĜoice:s; are on +J7 4ith the D sĐc3 çom throvØdor o# the prope(,! acû i2d or serĝicWs 2nderWd - respIt 3o 4hich sbĚWment Kohereb! €üĔested¦
POjn0AS EAS" COÃ DgGE¿OPÁ'S ·6SËm&C"

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C¸oo(oG6CE C¹o
D»SÌm&CSgQi¼EE0ŽS APP0OGµk  OO0 P0O¾ECn  EÒE'D½hS
Teoundusigneo	DisDict En$inrHr he2b! certi+es that this  sb ý)ement soá~ aocost o#otheoÇAect and soconsistent
-i,hN :i; the appJ%cab9e or coBsēc„on conDactd :ii; t?e plans and sCIi+ca…ons 8r the p~tion o#o e PĄAect -%th 2)pect to 4hich such disbursement ios be%n$ maded andš :iii; the rtort o# the DisXct Enìnev› aso	(to(t sha9l ave been am7nded or modixzed
Ó o# theodate ?ereoä

Poi#ra! Ea!" S2020 Req 403: Ferg$!on Wa#e ork!	April 18,2025	Page 1 of1

By Amanda Lane at 3:11 pm, Apr 22, 2025

Dˆ$%„ PA¥5‰_ ADD75 D

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$he undersigne hereby certi&es !hat ob*i"ations n the s!ated 'mojnt set .Û abÎve have been incu×ed by the D st+ict3 that each disbksement set .rth above s a proper ch'r"e a"ainst the2020 Ac/uisition 'n Consécßion Accouf?s re½Ônced above3 that ³ch disbursement set ¿rth ¬ove was 9n± n connecæon with the ac/ëisiäon and the ¯ogsLc!9on o# the2020 ProIect )herein aÂer ?he mProÇectnO and each >ep+¹en!s a Cost o# the ProIecá af as not preïious*y been aidV
$he unde>signe hereby Ãrther cer!i&es that there has not been &led with or serled uÑon the District no!ice o# any ÉiegS +i"ht to lienR or at!'chment upont or claim a¾ecJin" the riÅt to +eceive paymenJ oº3 any o# the monies payable !o the Payee set .+th aboveR which as not been re*e'sed or will not be released siÊu*tanµusly with the aymeÍ ereo»
1he undeØigned hereby Ä!her ce>t(&es that such re/uisition contains no item representin" p«ðËent on accoíà o# any retained percen!a"eS wh(ch the Distr(ct s at the date o# Üìch cer!i&°te entitled to retainy
It s hereby represented by the îd·signe that the ao'rd o# the DisKict h's approved this r²/uis(Jion or as approved !he Ýpeci&c conçct wi!h respect to which sbu+sements pjrsu'nt to âis he/uisition are due and ayablez
All invoiceps: are on &*e with the Disiict Àom the vendor o# the pÓope+ê ac/uiÕd or se+lices rend¸e with reÞect to which disbu>sement s hereby re/uested{
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DISTRICT ENGINEER'S APPROVAL FOR PROJECT EXPENDITURES
$he undeÙigne Disi9ct 5n"ineer hereby ceÚi&es ãt this disbursement s .r a cost o# the ProIect aÌd s consistent with_ ) P the app*icab*e or consLct9on conKact† )iiP the plans and speci&cations .r the port(on o# the PÖÈect with respect to wh(ch such disbksement s bein" made‡ and3 )9ii: the r¶ort o# the DisKict %n"ineeru as such reÐoht sha*l have been amended or modi&ed as o# the ate ereo¼

P"i'%& Ea&' S2020 Re# 404: J$. Da)i& C" &'$(c'i" C"., I!c.	Ma* , 025	Page 1 "f 1

Received on Monday, May 5, 2025 - ALane

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2020 >BJ) $'DN4H4J3B> %A 'B>HKEN'J4B> $''BQK

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Poi&!a% Ea%' S2020 Re 405: ogg* C"eek Imp#o)emen( i%($ic'	Ma* 16, 2025	Page 1 of 1

By Amanda Lane at 9:20 am, May 20, 2025

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Poi#!a" Ea"# S2020 Re 406: Donald W McIn#o"h ""ocia$e"	Ma% 16, 2025	Page 1 of 1

By Amanda Lane at 9:20 am, May 20, 2025

POITRAS EAST COMMUNITY DEVELOPMENT DISTRICT REQUISITION FOR PAYMENT
2020 NOTE ACQUISITION AND CONSTRUCTION ACCOUNT

DATE:	May 23, 2025	REQUISITION NO:	407	
PAYEE:	Orange County Utilities	AMOUNT DUE:	$22,012.56	
ADDRESS:	c/o Donald W McIntosh Associates
1950 Summit Park Drive, 6th Floor	FUND:	Acquisition/Construction	
	Orlando, FL 32810			
ITEM:		Permit 24-U-108 Plan Review Fee – $318.00
Permit 24-U-108 Inspection Fee – $21,694.56	

The undersigned hereby certifies that obligations in the stated amount set forth above have been incurred by the District, that each disbursement set forth above is a proper charge against the 2020 Acquisition and Construction Account, referenced above, that each disbursement set forth above was incurred in connection with the acquisition and the construction of the 2020 Project (herein after the "Project") and each represents a Cost of the Project, and has not previously been paid.

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

The undersigned hereby further certifies that such requisition contains no item representing payment on account of any retained percentage, which the District is at the date of such certificate entitled to retain.
It is hereby represented by the undersigned that the Board of the District has approved this requisition or has approved the specific contract with respect to which disbursements pursuant to this requisition are due and payable.

All invoice(s) are on file with the District from the vendor of the property acquired or services rendered with respect to which disbursement is hereby requested.

POITRAS EAST COMMUNITY DEVELOPMENT DISTRICT

____________________

BY:	 	
CHAIRMAN or VICE CHAIRMAN

DISTRICT ENGINEER'S APPROVAL FOR PROJECT EXPENDITURES

The undersigned District Engineer hereby certifies that this disbursement is for a cost of the Project and is consistent with: (i) the applicable or construction contract; (ii) the plans and specifications for the portion of the Project with respect to which such disbursement is being made; and, (iii) the report of the District Engineer, as such report shall have been amended or modified as of the date hereof.

_	__

BY:_ 							 DI	RICT ENGINEER

Jeffrey

J. Newton, PE	0

5/22/25

Poitras East S2020 Req 407: Orange County Utilities	May 23, 2025	Page 1 of 1

By Amanda Lane at 8:52 am, May 23, 2025

	
Poitras East Community Development District

Work Authorization/Proposed Services (if applicable)

Poitras East Community Development District

District’s Financial Position and Budget to Actual YTD

Poitras East
Community Development District
May 2025 Financial Package

May 31, 2025

PFM Group Consulting LLC
3501 Quadrangle Boulevard
Suite 270
Orlando, FL 32817-8329
(407) 723-5900

Poitras East CDD
Statement of Financial Position As of 5/31/2025	
	
General Fund	
Debt Service Fund		
Capital Projects Fund		
Long-Term Debt Fund			
Total	
		
Assets								
Current Assets										
General Checking Account	$	895,727.88							$	895,727.88	
Alleyway & Infrastructure Capital Res.	160,304.96								160,304.96	
Assessments Receivable	75,873.49								75,873.49	
Prepaid Expenses	3,240.90								3,240.90	
Assessments Receivable		$	212,944.25							212,944.25	
Due From Other Funds		107,379.24							107,379.24	
Series 2020 Debt Service Reserve		612,140.50							612,140.50	
Series 2023 Debt Service Reserve		814,046.25							814,046.25	
Series 2023 Revenue		407,929.67							407,929.67	
Series 2023 Prepayment		322.50							322.50	
Series 2023 Acquisition/Construction		
		$	24,245.50					24,245.50	
Total Current Assets	$	1,135,147.23	$  2,154,762.41		$	24,245.50		$	-		$	3,314,155.14	

Investments
Amount Available in Debt Service Funds Amount To Be Provided
Total Investments									

$	1,834,438.92		

$	

1,834,438.92	
									21,970,561.08			21,970,561.08	
	$	-		$	-		$	-		$ 23,805,000.00		$	23,805,000.00	
Total Assets	$	1,135,147.23	$  2,154,762.41		$	24,245.50		$ 23,805,000.00		$	27,119,155.14	

Poitras East CDD

Long-Term Debt Fund			Total	

$	

23,236.47	
				75,873.49	
				212,944.25	
				215,371.67	
$	-		$	527,425.88	

$ 23,805,000.00		
$	
23,805,000.00	
$ 23,805,000.00		$	23,805,000.00	
$ 23,805,000.00		$	24,332,425.88	

$	

(63,275.11)	
				751,124.39	
				348,187.99	
				1,827,599.59	
				114,218.57	
				(330,737.53)	
				139,611.36	
$	-		$	2,786,729.26	
					
$ 23,805,000.00		$	27,119,155.14	

Statement of Financial Position As of 5/31/2025

General Fund

Debt Service Fund

Capital Projects Fund

Liabilities and Net Assets

Current Liabilities

Accounts Payable	$	23,236.47				
Deferred Revenue	75,873.49				
Deferred Revenue			$	212,944.25		
Retainage Payable					$	215,371.67	
Total Current Liabilities	$	99,109.96		$	212,944.25		$	215,371.67	

Long Term Liabilities

$	-		$	-		$	-	
$	99,109.96		$	212,944.25		$	215,371.67	

$	

(63,275.11)							
	751,124.39							
	348,187.99							
			$	1,827,599.59				
				114,218.57				
						$	(330,737.53)	
							139,611.36	
$	1,036,037.27		$	1,941,818.16		$	(191,126.17)	
								
$	1,135,147.23		$	2,154,762.41		$	24,245.50	

Revenue Bonds Payable - Long-Term Total Long Term Liabilities

Total Liabilities

Net Assets
Net Assets, Unrestricted
Net Assets - General Government
Current Year Net Assets - General Government
Net Assets, Unrestricted
Current Year Net Assets, Unrestricted
Net Assets, Unrestricted
Current Year Net Assets, Unrestricted

Total Net Assets

Total Liabilities and Net Assets

Poitras East CDD Statement of Activities As of 5/31/2025	
	
General Fund	Debt Service Fund	Capital Projects Fund	Long-Term Debt Fund		
Total	

Revenues

On-Roll Assessments Off-Roll Assessments On-Roll Assessments Debt Proceeds
Other Income & Other Financing Sources Debt Proceeds
Total Revenues	

$	501,963.03
144,620.05
$	1,408,794.31
481,234.02

	
$	646,583.08	$	1,890,028.33	

$	10,250.00
3,247,019.45

$  3,257,269.45	

$	-	

$

$	

501,963.03
144,620.05
1,408,794.31
481,234.02
10,250.00
3,247,019.45
5,793,880.86	
Expenses

Supervisor Fees D&O Insurance Trustee Services Management Engineering Disclosure District Counsel
Assessment Administration Audit
Travel and Per Diem Postage & Shipping Legal Advertising
Web Site Maintenance Holiday Decorations Dues, Licenses, and Fees Electric
Water Reclaimed General Insurance Property & Casualty Irrigation Parts
Landscaping Maintenance & Material Contingency
Pest Control
Entry and Wall Maintenance	

$	1,000.00
2,983.00
13,514.21
25,666.64
7,131.12
2,500.00
9,952.35
7,500.00
7,200.00
17.96
85.29
2,151.45
1,680.00
750.00
175.00
1,643.42
7,044.22
3,648.00
15,099.00
28,869.50
122,143.28
11,960.23
1,190.00
750.00			

$	

1,000.00
2,983.00
13,514.21
25,666.64
7,131.12
2,500.00
9,952.35
7,500.00
7,200.00
17.96
85.29
2,151.45
1,680.00
750.00
175.00
1,643.42
7,044.22
3,648.00
15,099.00
28,869.50
122,143.28
11,960.23
1,190.00
750.00	

Poitras East CDD Statement of Activities As of 5/31/2025	
	
General Fund		Debt Service Fund		Capital Projects Fund		Long-Term Debt Fund			
Total	
Streetlights	$	11,375.83								$	11,375.83	
Liftstation Maintenance	5,747.80									5,747.80	
Personnel Leasing Agreement	8,000.00									8,000.00	
Principal Payments (Series 2023)			$	430,000.00							430,000.00	
Interest Payments (Series 2020)			182,973.82							182,973.82	
Interest Payments (Series 2023)			1,200,337.50							1,200,337.50	
Engineering					$	168,938.45					168,938.45	
District Counsel					5,596.50					5,596.50	
Legal Advertising					344.04					344.04	
Property & Casualty					10,360.00					10,360.00	
Contingency					2,933,515.43					2,933,515.43	
Total Expenses	$	299,778.30		$	1,813,311.32		$  3,118,754.42		$	-		$	5,231,844.04	
Other Revenues (Expenses) & Gains (Losses)												
Interest Income	$	1,383.21								$	1,383.21	
Dividend Income			$	37,501.56							37,501.56	
Dividend Income					$	1,096.33					1,096.33	
Total Other Revenues (Expenses) & Gains (Losses)	$	1,383.21		$	37,501.56		$	1,096.33		$	-		$	39,981.10	
Change In Net Assets	$	348,187.99		$	114,218.57		$	139,611.36		$	-		$	602,017.92	

Net Assets At Beginning Of Year	
$	687,849.28		
$	1,827,599.59		
$	
(330,737.53)		
$	-		
$	
2,184,711.34	

Net Assets At End Of Year	

$ 1,036,037.27		

$	1,941,818.16		

$	

(191,126.17)		

$	-		

$	

2,786,729.26	

Poitras East CDD
Budget to Actual

YTD Variance	FY 2025
Adopted Budget		Percentage Spent	

$	164,949.75	$	
722,450.00		
97.15%	
-	82,967.10		66.67%	
$	164,949.75	$	805,417.10		87.15%	

$	(3,800.00)	$	
7,200.00		
13.89%	
845.53	3,206.20		93.04%	
4,546.45	13,451.64		100.47%	
(0.03)	38,500.00		66.67%	
(5,868.88)	19,500.00		36.57%	
(833.33)	5,000.00		50.00%	
(1,333.33)	2,000.00		0.00%	
(10,047.65)	30,000.00		33.17%	
2,500.00	7,500.00		100.00%	
(166.67)	250.00		0.00%	
2,400.00	7,200.00		100.00%	
(666.67)	1,000.00		0.00%	
(182.04)	300.00		5.99%	
(16.67)	25.00		0.00%	
(248.04)	500.00		17.06%	
(666.64)	1,000.00		0.00%	
(2,848.55)	7,500.00		28.69%	
(120.00)	180.00		0.00%	
(4,666.67)	7,000.00		0.00%	
(166.67)	250.00		0.00%	
(166.67)	250.00		0.00%	
(320.00)	3,000.00		56.00%	
(1,250.00)	3,000.00		25.00%	
58.33	175.00		100.00%	
$	(23,018.20)	$	157,987.84		52.10%	

For the Month Ending 5/31/2025

$	646,583.08	$	481,633.33	
	55,311.40	55,311.40	
$	701,894.48	$	536,944.73	

$	
1,000.00	
$	4,800.00	
	2,983.00	2,137.47	
	13,514.21	8,967.76	
	25,666.64	25,666.67	
	7,131.12	13,000.00	
	2,500.00	3,333.33	
	-	1,333.33	
	9,952.35	20,000.00	
	7,500.00	5,000.00	
	-	166.67	
	7,200.00	4,800.00	
	-	666.67	
	17.96	200.00	
	-	16.67	
	85.29	333.33	
	-	666.64	
	2,151.45	5,000.00	
	-	120.00	
	-	4,666.67	
	-	166.67	
	-	166.67	
	1,680.00	2,000.00	
	750.00	2,000.00	
	175.00	116.67	
$	82,307.02	$	105,325.22	

Revenues
Assessments Carryforward Revenue
Net Revenues
General & Administrative Expenses
Supervisor Fees D&O Insurance Trustee Services Management Engineering Disclosure Property Appraiser District Counsel
Assessment Administration Reamortization Schedules Audit
Arbitrage Calculation Travel and Per Diem Telephone
Postage & Shipping Copies
Legal Advertising Bank Fees Miscellaneous Meeting Room Office Supplies
Web Site Maintenance Holiday Decorations Dues, Licenses, and Fees
Total General & Administrative Expenses

YTD Actual

YTD Budget

	

	

Poitras East CDD	
Budget to Actual	
For the Month Ending 5/31/2025	

YTD Actual		

YTD Budget		

YTD Variance		
FY 2025
Adopted Budget		

Percentage Spent	
Field Operations														
Electric Utility Services														
Electric	$	1,643.42		$	3,333.33		$	(1,689.91)		$	5,000.00		32.87%	
Water-Sewer Combination Services														
Water Reclaimed		7,044.22			20,000.00			(12,955.78)			30,000.00		23.48%	
Other Physical Environment														
General Insurance		3,648.00			2,613.57			1,034.43			3,920.35		93.05%	
Property & Casualty Insurance		15,099.00			11,237.03			3,861.97			16,855.55		89.58%	
Other Insurance		-			66.67			(66.67)			100.00		0.00%	
Irrigation Repairs		28,869.50			30,000.00			(1,130.50)			45,000.00		64.15%	
Landscaping Maintenance & Material		122,143.28			193,333.33			(71,190.05)			290,000.00		42.12%	
Tree Trimming		-			13,333.33			(13,333.33)			20,000.00		0.00%	
Flower & Plant Replacement		-			16,666.67			(16,666.67)			25,000.00		0.00%	
Contingency		11,960.23			23,972.24			(12,012.01)			35,958.36		33.26%	
Pest Control		1,190.00			396.67			793.33			595.00			
Road & Street Facilities														
Entry and Wall Maintenance		750.00			4,000.00			(3,250.00)			6,000.00		12.50%	
Hardscape Maintenance		-			6,666.67			(6,666.67)			10,000.00		0.00%	
Alleyway Maintenance		-			6,666.67			(6,666.67)			10,000.00		0.00%	
Streetlights		11,375.83			27,666.67			(16,290.84)			41,500.00		27.41%	
Accent Lighting		-			333.33			(333.33)			500.00		0.00%	
Liftstation Maintenance		5,747.80			13,333.33			(7,585.53)			20,000.00		28.74%	
Parks & Recreation														
Personnel Leasing Agreement - Administrator		4,000.00			12,000.00			(8,000.00)			18,000.00		22.22%	
Personnel Leasing Agreement - Irrigation Specialist		4,000.00			12,000.00			(8,000.00)			18,000.00		22.22%	
Reserves														
Infrastructure Capital Reserve		-			26,666.67			(26,666.67)			40,000.00		0.00%	
Alleyway Reserve		-			10,000.00			(10,000.00)			15,000.00		0.00%	
Total Field Operations Expenses	$	217,471.28		$	434,286.18		$	(216,814.90)		$ 651,429.26		33.38%	
Total Expenses	$	299,778.30		$	539,611.40		$	(239,833.10)		$	809,417.10		37.04%	

Other Revenues (Expenses) & Gains (Losses)														
Interest Income	$	1,383.21		$	2,666.67		$	(1,283.46)		$	4,000.00			
Total Other Revenues (Expenses) & Gains	$	1,383.21		$	2,666.67		$	(1,283.46)		$	4,000.00			
(Losses)														
Net Income (Loss)	$	403,499.39		$	-		$	403,499.39		$	-			

Poitras East CDD Cash Flow

FY24 Inflows	FY24 Outflows	FY25 Inflows	FY25 Outflows	End. Cash	

22,432.45	
(144,707.41)	
-	
(21,730.00)	
534,793.82		
-	(20,847.34)	6.73	(30,760.67)	483,192.54		
-	-	91,433.20	(91,927.51)	482,698.23		
-	-	444,655.41	(263,829.67)	663,523.97		
-	-	140,016.74	(153,663.30)	649,877.41		
-	-	901,427.65	(679,940.64)	871,364.42		
-	-	203,091.25	(207,352.53)	867,103.14		
-	-	135,176.55	(136,850.43)	865,429.26		
-	-	145,650.40	(115,351.78)	895,727.88		
-	-	-	(30,967.16)	864,760.72	as of 06/16/2025	

Beg. Cash

9/1/2024	678,798.78
10/1/2024	534,793.82
11/1/2024	483,192.54
12/1/2024	482,698.23
1/1/2025	663,523.97
2/1/2025	649,877.41
3/1/2025	871,364.42
4/1/2025	867,103.14
5/1/2025	865,429.26
6/1/2025	895,727.88

Totals	22,432.45	(165,554.75)	2,061,457.93	(1,732,373.69)

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