Hunt Club Grove Community Development District

Meeting Agenda August 13, 2024

Hunt Club Grove
Community Development District

219 E. Livingston St., Orlando, Florida 32801 Phone: 407-841-5524 – Fax: 407-839-1526
August 6, 2024

Board of Supervisors Meeting
Hunt Club Grove Community Development District

Dear Board Members:

A meeting of the Board of Supervisors of the Hunt Club Grove Community Development District will be held on Tuesday, August 13, 2024, at 9:30 AM at the Lake Alfred Public Library, 245 N Seminole Ave, Lake Alfred, FL 33850

Zoom Video Link: https://us06web.zoom.us/j/83655245822
Call-In Information: 1-646-876-9923
Meeting ID: 836 5524 5822

Following is the advance agenda for the meeting:

Audit Committee Meeting
Roll Call
Public Comment Period
Review of Proposals and Tally of Audit Committee Members Rankings
DiBartolomeo, McBee, Hartley & Barnes
Grau & Associates
Adjournment

Board of Supervisors Meeting

Roll Call
Public Comment Period (1Speakers will fill out a card and submit it to the District Manager prior to the beginning of the meeting)
Approval of Minutes of the May 14, 2024 Board of Supervisor Meeting & Audit Committee Meeting
Acceptance of the Rankings of the Audit Committee and Authorizing Staff to Send Notice of Intent to Award
Public Hearings
Public Hearing on the Adoption of the Fiscal Year 2024/2025 Budget

1 Comments will be limited to three (3) minutes
Consideration of Resolution 2024-40 Adopting the District’s Fiscal Year 2024/2025 Budget and Appropriating Funds
Public Hearing on the Imposition of Operations and Maintenance Special Assessments
Consideration of Resolution 2024-41 Imposing Special Assessments and Certifying an Assessment Roll
Consideration of Resolution 2024-42 Designation of a Regular Monthly Meeting Date, Time, and Location for Fiscal Year 2024/2025
Consideration of the Adoption of Goals and Objectives for the District
Ratification of Notice of Public Financing
Ratification of Uniform Collection Agreement with Polk County Tax Collector
Staff Reports
Attorney
Engineer
District Manager’s Report
Ratification of Funding Requests #6 through #8
Presentation of Funding Request #9
Balance Sheet & Income Statement
Other Business
Supervisors Requests and Audience Comments
Adjournment

Audit Committee Meeting

Section III

Section A

Hunt Club Grove Community Development District

DiBartolomeo, McBee, Hartley & Barnes, P.A. Certified Public Accountants
2222 Colonial Road, Suite 200 Fort Pierce, Florida 34950 (772) 461-8833
591 SE Port St. Lucie Boulevard Port Saint Lucie, Florida 34984 (772) 878-1952
Contact:

Jim Hartley, CPA Principal
TABLE OF CONTENTS

Letter of Transmittal Professional Qualifications
Professional Staff Resources	1-2
Current and Near Future Workload	2
Identification of Audit Team	2
Resumes	3-6
Governmental Audit Experience	7
Additional Data
Procedures for Ensuring Quality Control & Confidentiality	8
Independence	8-9
Computer Auditing Capabilities	10
Contracts of Similar Nature	11
Technical Approach
Agreement to Meet or Exceed the Performance Specifications	12
Tentative Audit Schedule	13
Description of Audit Approach	14-16
Proposed Audit Fee	17
DMHB	DIBARTOLOMEO, MCBEE, HARTLEY & BARNES, P.A.
CERTIFIED PUBLIC ACCOUNTANTS	

Hunt Club Grove
Community Development District Audit Selection Committee

Dear Committee Members:

We are pleased to have this opportunity to present the qualifications of DiBartolomeo, McBee, Hartley & Barnes, P.A. (DMHB) to serve as Hunt Club Grove Community Development District’s independent auditors. The audit is a significant engagement demanding various professional resources, governmental knowledge and expertise, and, most importantly, experience serving Florida local governments. DMHB understands the services required and is committed to performing these services within the required time frame. We have the staff available to complete this engagement in a timely fashion. We audit several entities across the State making it feasible to schedule and provide services at the required locations.
Proven Track Record— Our clients know our people and the quality of our work. We have always been responsive, met deadlines, and been willing to go the extra mile with the objective of providing significant value to mitigate the cost of the audit. This proven track record of successfully working together to serve governmental clients will enhance the quality of services we provide.
Experience—DMHB has a history of providing quality professional services to an impressive list of public sector clients in Florida. We currently serve a large number of public sector entities in Florida, including cities, villages, special districts, as well as a large number of community development districts. Our firm has performed in excess of 100 community development district audits. In addition, our senior management team members have between 25 and 35 years experience in serving Florida governments. DMHB is a recognized leader in providing services to governmental and non-profit agencies within the State of Florida. Through our experience in performing audits, we have been able to increase our audit efficiency and therefore reduce cost. We have continually passed this cost saving on to our clients and will continue to do so in the future. As a result of our experience and expertise, we have developed an effective and efficient audit approach designed to meet or exceed the performance specifications in accordance with audit standards generally accepted in the United States of America, the standards applicable to financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States with minimal disruption to your operations. Our firm has frequent technical updates to keep our personnel informed and up to date on all changes that are occurring within the industry.

2222 Colonial Road, Suite 200• Fort Pierce, Florida 34950•772-461-8833 • Fax: 772-461-8872 591 S.E. Port St. Lucie Blvd., •Port St. Lucie, Florida 34984•772-878-1952•Fax: 772-878-1709
Member AICPA	Member AICPA Division for CPA Firms	Member AICPA Private Company Practice Section
WWW.DMHBCPA.NET
Timeliness – In order to meet the Districts needs, we will perform interim internal control testing by January 31st from unaudited preliminary general ledgers provided. The remaining testing will be completed no later than May 1st. We will also review all minutes and subsequent needs related to the review of the minutes by January 31st. Follow up review will be completed as necessary.

Communication and Knowledge Sharing— Another driving force behind our service approach is frequent, candid and open communication with management with no surprises. During the course of the audit, we will communicate with management on a regular basis to provide you with a status report on the audit and to discuss any issues that arise, potential management letter comments, or potential audit differences.
In the accompanying proposal, you will find additional information upon which you can evaluate DMHB’s qualifications. Our full team is in place and waiting to serve you. Please contact us at 2222 Colonial Road, Suite 200 Fort Pierce, FL 34950. Our phone number is (772) 461-8833. We look forward to further discussion on how our team can work together with you.

Very truly yours,

DiBartolomeo, McBee, Hartley & Barnes, P.A.
PROFESSIONAL QUALIFICATIONS
DiBartolomeo, McBee, Hartley & Barnes, P.A. is a local public accounting firm with offices in the cities of Fort Pierce and Port St. Lucie. The firm was formed in 1982.

Professional Staff Resources
Our services will be delivered through personnel in both our Port St. Lucie and Ft. Pierce offices, located at 591 S.E. Port St. Lucie Blvd., Port St. Lucie, FL 34984 and 2222 Colonial Road, Suite 200, Fort Pierce, Florida 34950, respectively. DMHB has a total of 19 professional staff including 9 with extensive experience serving governmental entities.

Professional Staff	Number of	
Classification	Professionals	
Partner	4	
Managers	2	
Senior	2	
Staff	11	
	19	

DiBartolomeo, McBee, Hartley & Barnes provides a variety of accounting, auditing, tax litigation support, estate planning, and consulting services. Some of the governmental, non-profit accounting, auditing and advisory services currently provided to clients include:

Annual financial and compliance audits including Single Audits of State and Federal financial assistance programs under the OMB A-133 audit criteria

Issuance of Comfort Letters, consent letters, and parity certificates in conjunction with the issuance of tax-exempt debt obligations, including compiling financial data and interim period financial statement reviews

Assisting in compiling historical financial data for first-time and subsequent submissions for the GFOA Certificate of Achievement for Excellence in Financial Reporting

1
PROFESSIONAL QUALIFICATIONS (CONTINUED)

Professional Staff Resources (Continued)

Audits of franchise fees received from outside franchisees

Preparation of annual reports to the State Department of Banking and Finance

Audits of Internal Controls – Governmental Special Project

Assistance with Implementation of current GASB pronouncements

Current and Near Future Workload
In order to better serve and provide timely and informative financial data, we have comprised an experienced audit team. Our present and future workloads will permit the proposed audit team to perform these audits within the time schedule required and meet all deadlines.

Identification of Audit Team

The team is composed of people who are experienced, professional, and creative. They fully understand your business and will provide you with reliable opinions. In addition, they will make a point to maintain ongoing dialogue with each other and management about the status of our services.
The auditing firm you select is only as good as the people who serve you. We are extremely proud of the outstanding team we have assembled for your engagement. Our team brings many years of relevant experience coupled with the technical skill, knowledge, authority, dedication, and most of all, the commitment you need to meet your government reporting obligations and the challenges that will result from the changing accounting standards.

A flow chart of the audit team and brief resumes detailing individual team members’ experience in each of the relevant areas follow.
Jim Hartley, CPA – Engagement Partner (resume attached) Will assist in the field as main contact
Jay McBee, CPA – Technical Reviewer (resume attached) Theresa Goldstein - Senior (resume attached)
Christine Kenny, CPA – Senior (resume attached)

2
Jim Hartley
Partner – DiBartolomeo, McBee, Hartley & Barnes
Experience and Training

Jim has over 35 years of public accounting experience and would serve as the engagement partner. His experience and training include:
35 years of non-profit and governmental experience.
Specializing in serving entities ranging from Government to Associations and Special District audits.
Has performed audits and advisory services for a variety of public sector entities.
Has extensive experience performing audits of federal grant recipients in accordance with the Single Audit Act and the related Office of Management and Budget (OMB) guidelines.
Experienced in maintaining the GFOA Certificate of Achievement.
120 hours of CPE credits over the past 3 years.
Recent Engagements

Has provided audit services on governmental entities including towns, villages, cities, counties, special districts and community development districts. Jim has assisted with financial statement preparation, system implementation, and a variety of services to a wide range of non-profit and governmental entities. Jim currently provides internal audit and consulting services to governmental entities and non-profit agencies to assist in implementing and maintaining “best practice” accounting policies and procedures. Jim provides auditing services to the Fort Pierce Utilities Authority, St. Lucie County Fire District, City of Port St. Lucie, Tradition CDD #1 – 10, Southern Groves CDD #1-6, Multiple CDD audits, Town of St. Lucie Village, Town of Sewall’s Point, Town of Jupiter Island along with several other entities, including Condo and Homeowner Associations.
Education and Registrations
Bachelor of Science in Accounting – Sterling College.
Certified Public Accountant
Professional Affiliations
Member of the American Institute of Certified Public Accountants
Member of the Florida Institute of Certified Public Accountants
Member of the Florida Government Finance Officers Association
Volunteer Service
Treasurer & Executive Board - St. Lucie County Chamber of Commerce
Budget Advisory Board - St. Lucie County School District
Past Treasurer - Exchange Club for Prevention of Child Abuse & Exchange Foundation Board
Board of Directors – State Division of Juvenile Justice
Jay L. McBee
Partner – DiBartolomeo, McBee, Hartley & Barnes

Experience and Training

Jay has over 45 years of public accounting experience and would serve as the technical reviewer on the audit. His experience and training include:
45 years of government experience.
Specializing in serving local government entities.
Has performed audits and advisory services for a variety of public sector entities including counties, cities, special districts, and school districts.
Has experience performing audits of federal grant recipients in accordance with the Single Audit Act and the related Office of Management and Budget (OMB) guidelines, including Circular A-133 and the Rules of the Auditor General.
Has extensive experience in performing pension audits.
Experienced in developing and maintaining the GFOA Certificate of Achievement.
120 Hours of relevant government CPE credits over the past 3 years.
Experience in municipal bond and other governmental-financing options and offerings.
Recent Engagements
Has provided auditing services on local governmental entities including towns, villages, cities, counties, special district and community development districts. Jay has assisted with financial preparation, system implementation, and a variety of government services to a wide range of governmental entities. Jay currently provides auditing services to the City of Port St. Lucie, City of Okeechobee Pension Trust Funds, St. Lucie County Fire District Pension funds, along with several other non-profit and governmental entities.

Education and Registrations
Bachelor of Science in Accounting and Quantitative Business Management – West Virginia University.
Certified Public Accountant
Professional Affiliations
Member of the American Institute of Certified Public Accountants
Member of the Florida Institute of Certified Public Accountants
Member of the Florida Government Finance Officers Association
Volunteer Service
Member of the St. Lucie County Citizens Budget Committee
Finance committee for the First United Methodist Church
Treasurer of Boys & Girls Club of St. Lucie County
Theresa Goldstein
Supervisor – DiBartolomeo, McBee, Hartley & Barnes
Experience and training
Theresa has over 25 years of public accounting experience and would serve as the supervisor for the Constitutional Officers. Her experience and training include:
25 years of government experience.
Specializing in serving local government entities.
Has performed audits and advisory services for a variety of public sector entities including counties, cities, towns and special districts.
Has extensive experience performing audits of federal grant recipients in accordance with the Single Audit Act and the related Office of Management and Budget (OMB) guidelines, including Circular A-133 and the Rules of the Auditor General.
Experienced in maintaining the GFOA Certificate of Achievement.
100 hours of relevant government CPE credits over the past 3 years.
Recent Engagements
Has provided audit services on governmental entities including towns, villages, cities, counties, special districts and community development districts. Theresa has assisted with financial statement preparation, system implementation, and a variety of services to a wide range of non-profit and governmental entities. Theresa currently provides internal audit and consulting services to multiple agencies to assist in implementing and maintaining “best practice” accounting policies and procedures. Engagements include City of Port St. Lucie, St. Lucie County Fire District, Town of Sewall’s Point, Town of Jupiter Island, Multiple CDD audits, Tradition CDD #1-10, Southern Groves CDD #1-6 and Town of St. Lucie Village.

Education and Registrations
Bachelor of Science in Finance – University of Central Florida
Masters of Business Administration with concentration in Accounting – Bryant College
Professional Affiliations
Associate Member of the Florida Institute of Certified Public Accountants
Member of the Florida Government Finance Officers Association
Christine M. Kenny, CPA
Senior Staff – DiBartolomeo, McBee, Hartley & Barnes
Experience and training
Christine has over 18 years of public accounting experience and would serve as a senior staff for the Constitutional Officers. Her experience and training include:

18 years of manager and audit experience.
Has performed audits and advisory services for a variety of public sector entities including counties, cities, towns and special districts.
Has experience performing audits of federal grant recipients in accordance with the Single Audit Act and the related Office of Management and Budget (OMB) guidelines, including
Circular A-133 and the Rules of the Auditor General.
100 hours of relevant government CPE credits over the past 3 years.

Recent Engagements

Has provided audit services on governmental entities including towns, villages, cities and special districts. Christine has assisted with financial statement preparation, system implementation, and a variety of services to a wide range of non-profit and governmental entities. Christine currently provides services to multiple agencies to assist in implementing and maintaining “best practice” accounting policies and procedures.
Engagements include St. Lucie County Fire District, City of Fort Pierce, Town of Sewall’s Point, and Town of St. Lucie Village.

Education and Registrations

Bachelor of Science in Accounting – Florida State University
Professional Affiliations
Active Member of the Florida Institute of Certified Public Accountants
Active Member of the American Institute of Certified Public Accountants
Member of the Florida Government Finance Officers Association
PROFESSIONAL QUALIFICATIONS (CONTINUED)

Governmental Audit Experience
DiBartolomeo, McBee, Hartley & Barnes, P.A., through its principals and members, has provided continuous in-depth professional accounting, auditing, and consulting services to local government units, nonprofit organizations, and commercial clients. Our professionals have developed considerable expertise in performing governmental audits and single audits and in preparing governmental financial statements in conformance with continually evolving GASB pronouncements, statements, and interpretations. All of the public sector entities we serve annually are required to be in accordance with GASB pronouncements and government auditing standards. We currently perform several Federal and State single audits in compliance with OMB Circular A- 133 and under the Florida Single Audit Act. Our professionals are also experienced in assisting their clients with preparing Comprehensive Annual Financial Reports (GFOA).
All work performed by our firm is closely supervised by experienced certified public accountants. Only our most seasoned CPA’s perform consulting services. Some of the professional accounting, auditing, and management consulting services currently provided to our local governmental clients include:

Annual financial and compliance audits including Single Audits of State and Federal financial assistance programs under OMB A-133 audit criteria and the Florida Single Audit Act
Assisting in compiling historical financial data for first-time and supplemental submissions for GFOA Certificate of Achievement of Excellence in Financial Reporting
Audits of franchise fees received from outside franchisees
Assistance with Implementation of GASB-34
Internal audit functions
Fixed assets review and updating cost/depreciation allocations and methods
ADDITIONAL DATA

Procedures for Ensuring Quality Control & Confidentiality

Quality control in any CPA firm can never be taken for granted. It requires a continuing commitment to professional excellence. DiBartolomeo, McBee, Hartley & Barnes is formally dedicated to that commitment.

In an effort to continue to maintain the standards of working excellence required by our firm, DiBartolomeo, McBee, Hartley & Barnes, P.A. joined the Quality Review Program of the American Institute of Certified Public Accountants. To be a participating member firm, a firm must obtain an independent compliance review of its quality control policies and procedures to ascertain the firm’s compliance with existing auditing standards on the applicable engagements. The scope of peer review is comprehensive in that it specifically reviews the following quality control policies and procedures of the participating firm:

Professional, economic, and administrative independence
Assignment of professional personnel to engagements
Consultation on technical matters
Supervision of engagement personnel
Hiring and employment of personnel
Professional development
Advancement
Acceptance and continuance of clients
Inspection and review system

Independence

Independence is a hallmark of our profession. We encourage our staff to use professional judgment in situations where our independence could be impaired or the perception of a conflict of interest might exist. In the governmental sector, public perception is as important as professional standards. Therefore, independent auditors must exercise utmost care in the performance of their duties.

Our firm has provided continuous certified public accounting services in the government sector for 31 years, and we are independent of the Community Development Districts as defined by the following rules, regulations, and standards:
ADDITIONAL DATA (CONTINUED)

Independence (Continued)

Au Section 220 – Statements on Auditing Standards issued by the American Institute of Certified Public Accountants
ET Sections 101 and 102 – Code of Professional Conduct of the American Institute of Certified Public Accountants
Chapter 21A-21, Florida Administrative Code
Section 473.315, Florida Statutes
Government Auditing Standards, issued by the Comptroller General of the United States

Computer Auditing Capabilities

DiBartolomeo, McBee, Hartley & Barnes’ strong computer capabilities as demonstrated by our progressive approach to computer auditing and extensive use of microcomputers. Jay McBee is the MIS partner for DMHB. Jay has extensive experience in auditing and evaluating various computer systems and would provide these services in this engagement.

We view the computer operation as an integral part of its accounting systems. We would evaluate the computer control environment to:

Understand the computer control environment’s effect on internal controls
Conclude on whether aspects of the environment require special audit attention
Make preliminary determination of comments for inclusion in our management letter

This evaluation includes:

System hardware and software
Organization and administration
Access

Contracts of Similar Nature within References

Client	
Years	Annual Audit In Accordance With GAAS	
Engagement Partner	Incl. Utility Audit/ Consulting	
GFOA
Cert.	GASB 34
Implementation & Assistance	
Total Hours	
St. Lucie County Fire District Karen Russell, Clerk-Treasurer (772)462-2300	1984 -
Current	√	
Jim Hartley			√	
250-300	
City of Fort Pierce
Johnna Morris, Finance Director (772)-460-2200	2005-
current	√	
Mark Barnes		√	√	
800	
Fort Pierce Utilities Authority Nina Hurtubise, Finance Director (772)-466-1600	2005-
current	
√	
Jim Hartley	
√	
√	
√	
600	
Town of St. Lucie Village
Diane Robertson, Town Clerk (772) 595-0663	
1999 –
current	√	
Jim Hartley			√	
100	
City of Okeechobee Pension Trust Funds
Marita Rice, Supervisor of Finance (863)763-9460	
1998 –
current	
√	
Jay McBee				
60	
St. Lucie County Fire District 175 Pension Trust Fund
Chris Bushman , Captain (772) 462-2300	1990 –
current	
√	
Jay McBee				
60	
Tradition Community Development District 1-10
Alan Mishlove,District Finance Manager
(407)382-3256	
2002 -
current	

√	

Jim Hartley			

√	

350	
Legends Bay Community Development District Patricia Comings-Thibault
(321)263-0132	2013-
current	
√	
Jim Hartley				
50	
Union Park Community Development District Patricia Comings-Thibault
(321)263-0132	2013-
current	
√	
Jim Hartley				50	
Deer Island Community Development District Patricia Comings-Thibault (321)263-0132	2013-
current	
√	
Jim Hartley				
50	
Park Creek Community Development District Patricia Comings-Thibault (321)263-0132	2013-
current	
√	

Jim Hartley				

50	
Waterleaf Community Development District Patricia Comings-Thibault (321)263-0132	2013-
current	
√	
Jim Hartley				
50	
TECHNICAL APPROACH
An Express Agreement to Meet or Exceed the Performance Specifications.
The audit will be conducted in compliance with the following requirements:

Rules of the Auditor General for form and content of governmental audits
Regulations of the State Department of Banking and Finance
Audits of State and Local Governmental Units-American Institute of Certified Public Accountants.
The audit report shall contain the opinion of the auditor in reference to all financial statements, and an opinion reflecting compliance with applicable legal provisions.
We will also provide the required copies of the audit report, the management letter, any related reports on internal control weaknesses and one copy of the adjusting journal entries and financial work papers.
The auditor shall, at no additional charge, make all related work papers available to any Federal or State agency upon request in accordance with Federal and State Laws and Regulations.
We will work in cooperation with the District, its underwriters and bond council in regard to any bond issues that may occur during the term of the contract.
The financial statements shall be prepared in conformity with Governmental Accounting Standards Board Statement Number 34, 63 and 65.

We will commit to issuing the audit for each Fiscal year by June 1st of the following year. In order to ensure this we will perform interim internal control testing as required by January 31st from unaudited preliminary general ledgers provided. The remaining testing will be completed no later than May 1st. We will also review all minutes and subsequent needs related to the review of the minutes by January 30th. Follow up review will be completed as necessary.
b. A Tentative Schedule for Performing the Key phases of the Audit

Audit Phase and Tasks
Planning Phase:
Meetings and discussions with Hunt Club Grove Community Development District personnel regarding operating, accounting and reporting matters
Discuss management expectations, strategies and objectives
Review operations Develop engagement plan
Study and evaluate internal controls Conduct preliminary analytical review
Detailed Audit Phase:
Conduct final risk assessment Finalize audit approach plan
Perform	substantive	tests	of	account
balances
Perform	single	audit	procedures	(if applicable)
Perform statutory compliance testing
Closing Phase:
Review subsequent events, contingencies and commitments
Complete	audit	work	and	obtain management representations
Review proposed audit adjustments with client
Reporting Phase:
Review		or	assist	in		preparation	of financial statement for Hunt Club Grove Community Development District Prepare	management	letter	and	other special reports
Exit conference with Hunt Club Grove Community Development District officials and management
Delivery of final reports

Oct.

Nov.

Dec.

Jan.

Feb.

Mar.

Apr.
SPECIFIC AUDIT APPROACH
Our partners are not strangers who show up for an entrance conference and an exit conference. We have developed an audit plan that allows the partners to directly supervise our staff in the field. By assigning two partners to the audit, we will have a partner on-site for a significant portion of the fieldwork. This also gives the District an additional contact individual for questions or problems that may arise during the audit.

The scope of our services will include a financial, as well as, a compliance audit of the District’s financial statements. Our audit will be conducted in accordance with auditing standards generally accepted in the United States and the standards applicable to financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States. Additionally, our audit will be conducted in accordance with the provisions of Chapter 10.550, Rules of the Auditor General, which govern the conduct of local government entity audits performed in the State of Florida.

Our audit approach places emphasis on the accounting information system and how the data is recorded, rather than solely on the verification of numbers on a financial statement. This approach enables us to:

Maximize our understanding of the District’s operating environment
Minimize time required conducting the audit since we start with broad considerations and narrow to specific audit objectives in critical areas
Our audit approach consists of four phases encompassing our audit process:

Planning Phase
Detailed Audit Phase
Closing Phase
Reporting

Planning Phase
Meetings and Expectations:
Our first step in this phase will be to set up a planning meeting with the financial and operating management of Hunt Club Grove Community Development District. Our goal here is to eliminate “surprises.” By meeting with responsible officials early on we can discuss significant accounting policies, closing procedures and timetables, planned timing of our audit procedures and expectations of our work. This will also be the starting point for our discussions with management related to SAS No. 99-Consideration of Fraud in a Financial Statement Audit. Inquiries will be made regarding managements knowledge of fraud and on management’s views regarding the risk of fraud.
Review Operations and Develop Engagement Plan
It is critical that we understand the District’s operating environment. To do this we will obtain and review such items as, organizational charts, recent financial statements, budget information, major contracts and lease agreements. We will also gather other information necessary to increase our understanding of the District’s operations, organization, and internal control.

Study and Evaluate Internal Control
As part of general planning, we will obtain an understanding and assessment of the District’s control environment. This assessment involves a review of management’s operating style, written internal control procedures, and the District’s accounting system. The assessment is necessary to determine if we can rely on control procedures and thus reduce the extent of substantive testing.

We then test compliance with established control procedures by ascertaining that the significant strengths within the system are functioning as described to us. Generally, transactions are selected and reviewed in sufficient detail to permit us to formulate conclusions regarding compliance with control procedures and the extent of operation compliance with pertinent laws and regulations. This involves gaining an understanding of the District’s procedures, laws and regulations, and testing systems for compliance by examining contracts, invoices, bid procedures, and other documents. After testing controls, we then evaluate the results of those tests and decide whether we can rely on controls and thus reduce other audit procedures.

Conduct Preliminary Analytical Review
Also during the planning stage, we undertake analytical procedures that aid us in focusing our energies in the right direction. We call these analytical reviews.
A properly designed analytical review can be a very effective audit procedure in audits of governmental units. Analytical reviews consist of more than just a comparison of current-year actual results to prior-year actual results. Very effective analytical review techniques include trend analysis covering a number of years and comparisons of information not maintained totally within the financial accounting system, such as per capita information, prevailing market interest rates, housing statistics, etc.

Some examples of effective analytical reviews performed together and/or individually include:

Comparison of current-year actual results with current-year budget for the current and past years with investigation of significant differences and/or trends
Trend analysis of the percentage of current-year revenues to current-year rates for the current and previous years with investigation of significant changes in the collection percentage
Trend analysis of the percentage of expenditures by function for the current and previous years with investigation of significant changes in percentages by department
Monthly analysis of receipts compared to prior years to detect trends that may have audit implications
Conclusions reached enable us to determine the nature, timing and extent of other substantive procedures.
Detailed Audit Phase

Conduct Final Risk Assessment and Prepare Audit Programs
Risk assessment requires evaluating the likelihood of errors occurring that could have a material affect on the financial statements being audited. The conclusions we reach are based on many evaluations of internal control, systems, accounts, and transactions that occur throughout the audit. After evaluating the results of our tests of control and our final risk assessment we can develop detailed audit programs.
Perform Substantive Tests of Account Balances
These tests are designed to provide reasonable assurance as to the validity of the information produced by the accounting system. Substantive tests involve such things as examining invoices supporting payments, confirmation of balances with independent parties, analytical review procedures, and physical inspection of assets. All significant accounts will be subjected to substantive procedures. Substantive tests provide direct evidence of the completeness, accuracy, and validity of data.

Perform Single Audit Procedures (if applicable)
During the planning phase of the audit we will request and review schedules of expenditures of federal awards and state financial assistance. These schedules will be the basis for our determination of the specific programs we will test.
In documenting our understanding of the internal control system for the financial statement audit, we will identify control activities that impact major federal and state programs as well. This will allow us to test certain controls for the financial audit and the single audit concurrently. We will then perform additional tests of controls for each federal and state program selected for testing. We will then evaluate the results of the test of controls to determine the nature, timing and extent of substantive testing necessary to determine compliance with major program requirements.
Perform Statutory Compliance Testing
We have developed audit programs for Hunt Club Grove Community Development District designed to test Florida Statutes as required by the Auditor General. These programs include test procedures such as general inquiries, confirmation from third parties, and examination of specific documents.

Closing Phase

During the closing phase we perform detail work paper reviews, request legal letters, review subsequent events and proposed audit adjustments. Communication with the client is critical in this phase to ensure that the information necessary to prepare financial statements in conformity with accounting principles generally accepted in the United States has been obtained.

Reporting Phase
Financial Statement Preparation
As a local firm, we spend a considerable amount of time on financial statement preparation and support. With this in mind, we can assist in certain portions of the preparation of financial statements or simply review a draft of financials prepared by your staff. We let you determine our level of involvement.

Management Letters
We want to help you solve problems before they become major.
Our management letters go beyond citing possible deficiencies in the District’s internal control structures. They identify opportunities for increasing revenues, decreasing costs, improving management information, protecting assets and improving operational efficiency.
The diversity of experience of our personnel and their independent and objective viewpoints make the comments, observations, and conclusions presented in our management letters a valuable source of information. We have provided positive solution-oriented objective recommendations to our governmental clients regarding investments, accounting accuracy, data processing, revenue bonds, payroll, utility billing, purchasing, budgeting, risk management, and internal auditing.
This review ensures the integrity of the factual data in the management letter but does not influence or impair our independence.

Exit Conferences and Delivery of Reports
We anticipate meeting with appropriate District personnel in February and issuing the final required reports by the May meeting of each year.
PROPOSED AUDIT FEE FOR EACH YEAR OF THE FIVE YEARS

DiBartolomeo, McBee, Hartley & Barnes P.A. will perform the annual audit of Hunt Club Grove Community Development District for the five years as follows:

September 30, 2024	$ 2,850	
September 30, 2025	$ 2,950	
September 30, 2026	$ 3,150	
September 30, 2027	$ 3,250	
September 30, 2028	$ 3,350	

In years of new debt issuance fees may be adjusted based on review with management.

Section B

Proposal to Provide Financial Auditing Services:
HUNT CLUB GROVE
COMMUNITY DEVELOPMENT DISTRICT

Proposal Due: June 17, 2024 5:00PM

Submitted to:
Hunt Club Grove
Community Development District c/o District Manager
219 East Livingston Street Orlando, Florida 32801

Submitted by:
Antonio J. Grau, Partner Grau & Associates
951 Yamato Road, Suite 280 Boca Raton, Florida 33431 Tel	(561) 994-9299
(800) 229-4728
Fax	(561) 994-5823
tgrau@graucpa.com www.graucpa.com

Table of Contents	Page
EXECUTIVE SUMMARY / TRANSMITTAL LETTER	1
FIRM QUALIFICATIONS	3
FIRM & STAFF EXPERIENCE	6
REFERENCES	11
SPECIFIC AUDIT APPROACH	13
COST OF SERVICES	17
SUPPLEMENTAL INFORMATION	19

June 17, 2024

Hunt Club Grove Community Development District c/o District Manager
219 East Livingston Street Orlando, Florida 32801

Re:	Request for Proposal for Professional Auditing Services for the fiscal year ended September 30, 2024, with an option for four (4) additional annual renewals.

Grau & Associates (Grau) welcomes the opportunity to respond to the Hunt Club Grove Community Development District’s (the “District”) Request for Proposal (RFP), and we look forward to working with you on your audit. We are an energetic and robust team of knowledgeable professionals and are a recognized leader of providing services to Community Development Districts. As one of Florida’s few firms to primarily focus on government, we are especially equipped to provide you an effective and efficient audit.

Special district audits are at the core of our practice: we have a total of 360 clients, 329 or 91% of which are special districts. We know the specifics of the professional services and work products needed to meet your RFP requirements like no other firm. With this level of experience, we are able to increase efficiency, to provide immediate and continued savings, and to minimize disturbances to client operations.

Why Grau & Associates:

Knowledgeable Audit Team
Grau is proud that the personnel we assign to your audit are some of the most seasoned auditors in the field. Our staff performs governmental engagements year round. When not working on your audit, your team is refining their audit approach for next year’s audit. Our engagement partners have decades of experience and take a hands-on approach to our assignments, which all ensures a smoother process for you.

Servicing your Individual Needs
Our clients enjoy personalized service designed to satisfy their unique needs and requirements. Throughout the process of our audit, you will find that we welcome working with you to resolve any issues as swiftly and easily as possible. In addition, due to Grau’s very low turnover rate for our industry, you also won’t have to worry about retraining your auditors from year to year.

Developing Relationships
We strive to foster mutually beneficial relationships with our clients. We stay in touch year round, updating, collaborating and assisting you in implementing new legislation, rules and standards that affect your organization. We are also available as a sounding board and assist with technical questions.

Maintaining an Impeccable Reputation
We have never been involved in any litigation, proceeding or received any disciplinary action. Additionally, we have never been charged with, or convicted of, a public entity crime of any sort. We are financially stable and have never been involved in any bankruptcy proceedings.
Complying With Standards
Our audit will follow the Auditing Standards of the AICPA, Generally Accepted Government Auditing Standards, issued by the Comptroller General of the United States, and the Rules of the Auditor General of the State of Florida, and any other applicable federal, state and local regulations. We will deliver our reports in accordance with your requirements.

This proposal is a firm and irrevocable offer for 90 days. We certify this proposal is made without previous understanding, agreement or connection either with any previous firms or corporations offering a proposal for the same items. We also certify our proposal is in all respects fair, without outside control, collusion, fraud, or otherwise illegal action, and was prepared in good faith. Only the person(s), company or parties interested in the project as principals are named in the proposal. Grau has no existing or potential conflicts and anticipates no conflicts during the engagement. Our Federal I.D. number is 20-2067322.

We would be happy to answer any questions or to provide any additional information. We are genuinely excited about the prospect of serving you and establishing a long-term relationship. Please do not hesitate to call or email either of our Partners, Antonio J. Grau, CPA (tgrau@graucpa.com) or David Caplivski, CPA (dcaplivski@graucpa.com) at 561.994.9299. We thank you for considering our firm’s qualifications and experience.

Very truly yours, Grau & Associates
Antonio J. Grau

Firm Qualifications

Grau’s Focus and Experience

3
Partners

11
Professional Staff

2
Administrative Professionals
9/14
Employees are CPAS

Year founded

Services Provided

297
Community Development Districts Served

Properly registered and
licensed professional corporation by the state of FLORIDA

We are proud Members of the American Institute of Certified Public Accountants
&
the Florida Institute of Certified Public Accountants

See next page for report and certificate
⇒ External quality review program: consistently
receives a pass
⇒ Internal: ongoing monitoring to maintain
quality

AICPA | FICPA | GFOA | FASD | FGFOA

Firm & Staff Experience

Profile Briefs:
Antonio J GRAU, CPA (Partner)
Years Performing Audits: 35+
CPE (last 2 years): Government Accounting, Auditing: 24 hours; Accounting, Auditing and Other: 56 hours
Professional Memberships: AICPA, FICPA, FGFOA, GFOA

David Caplivski, CPA (Partner)
Years Performing Audits: 13+
CPE (last 2 years): Government Accounting, Auditing: 24 hours; Accounting, Auditing and Other: 64 hours
Professional Memberships: AICPA, FICPA, FGFOA, FASD

YOUR ENGAGEMENT TEAM

Grau’s client-specific engagement team is meticulously organized in order to meet the unique needs of each client. Constant communication within our solution team allows for continuity of staff and audit team.

The Certified Information Technology Professional (CITP) Partner will bring a unique blend of IT expertise and understanding of accounting principles to the financial statement audit of the District.

Advisory Consultant
An advisory consultant will be available as a sounding board to advise in those areas where problems are encountered.

CITP Partner

Your Successful Audit
Engagement Partner

Audit Senior
Audit Manager

The assigned personnel will work closely with the partner and the District to ensure that the financial statements and all other reports are prepared in accordance with professional standards and firm policy.
Responsibilities will include planning the audit; communicating with the client and the partners the progress of the audit; and
determining that financial statements and all reports issued by the firm are accurate, complete and are prepared in accordance with professional standards and firm policy.
The Engagement Partner will participate extensively during the various stages of the engagement and has direct responsibility for engagement policy, direction, supervision, quality control, security, confidentiality of information of the engagement and communication with client personnel. The engagement partner will also be involved directing the development of the overall audit approach and plan; performing an overriding review of work papers and ascertain client satisfaction.
Antonio ‘Tony ‘ J. Grau, CPA
Partner
Contact: tgrau@graucpa.com | (561) 939-6672
Experience
For over 30 years, Tony has been providing audit, accounting and consulting services to the firm’s governmental, non-profit, employee benefit, overhead and arbitrage clients. He provides guidance to clients regarding complex accounting issues, internal controls and operations.
As a member of the Government Finance Officers Association Special Review Committee, Tony participated in the review process for awarding the GFOA Certificate of Achievement in Financial Reporting. Tony was also the review team leader for the Quality Review of the Office of Management Audits of School Board of Miami-Dade County. Tony received the AICPA advanced level certificate for governmental single audits.

Education
University of South Florida (1983) Bachelor of Arts
Business Administration

Clients Served (partial list)

(>300) Various Special Districts, including:		
Bayside Improvement Community Development District Dunes Community Development District
Fishhawk Community Development District (I,II,IV) Grand Bay at Doral Community Development District Heritage Harbor North Community Development District	St. Lucie West Services District
Ave Maria Stewardship Community District Rivers Edge II Community Development District Bartram Park Community Development District
Bay Laurel Center Community Development District	
Boca Raton Airport Authority Greater Naples Fire Rescue District
Key Largo Wastewater Treatment District Lake Worth Drainage District
South Indian River Water Control		

Professional Associations/Memberships
American Institute of Certified Public Accountants Florida Government Finance Officers Association Florida Institute of Certified Public Accountants  Government Finance Officers Association Member City of Boca Raton Financial Advisory Board Member

Professional Education (over the last two years)
Course	Hours
Government Accounting and Auditing	24
Accounting, Auditing and Other	56
Total Hours	80 (includes of 4 hours of Ethics CPE)
David Caplivski, CPA/CITP, Partner
Contact : dcaplivski@graucpa.com / 561-939-6676
Experience
Grau & Associates	Partner	2021-Present	
Grau & Associates	Manager	2014-2020	
Grau & Associates	Senior Auditor	2013-2014	
Grau & Associates	Staff Auditor	2010-2013	

Education
Florida Atlantic University (2009) Master of Accounting
Nova Southeastern University (2002) Bachelor of Science
Environmental Studies

Certifications and Certificates
Certified Public Accountant (2011)
AICPA Certified Information Technology Professional (2018) AICPA Accreditation COSO Internal Control Certificate (2022)

Clients Served (partial list)
(>300) Various Special Districts	Hispanic Human Resource Council	
Aid to Victims of Domestic Abuse	Loxahatchee Groves Water Control District	
Boca Raton Airport Authority	Old Plantation Water Control District	
Broward Education Foundation	Pinetree Water Control District	
CareerSource Brevard	San Carlos Park Fire & Rescue Retirement Plan	
CareerSource Central Florida 403 (b) Plan	South Indian River Water Control District	
City of Lauderhill GERS	South Trail Fire Protection & Rescue District	
City of Parkland Police Pension Fund	Town of Haverhill	
City of Sunrise GERS	Town of Hypoluxo	
Coquina Water Control District	Town of Hillsboro Beach	
Central County Water Control District	Town of Lantana	
City of Miami (program specific audits)	Town of Lauderdale By-The–Sea Volunteer Fire Pension	
City of West Park	Town of Pembroke Park	
Coquina Water Control District	Village of Wellington	
East Central Regional Wastewater Treatment Facl.	Village of Golf	
East Naples Fire Control & Rescue District		

Professional Education (over the last two years)
Course	Hours
Government Accounting and Auditing	24
Accounting, Auditing and Other	64
Total Hours	88 (includes 4 hours of Ethics CPE)
Professional Associations
Member, American Institute of Certified Public Accountants Member, Florida Institute of Certified Public Accountants Member, Florida Government Finance Officers Association Member, Florida Association of Special Districts

References

We have included three references of government engagements that require compliance with laws and regulations, follow fund accounting, and have financing requirements, which we believe are similar to the District.

 Dunes Community Development District			
Scope of Work	Financial audit	
Engagement Partner	Antonio J. Grau	
Dates	Annually since 1998	
Client Contact	Darrin Mossing, Finance Director 475 W. Town Place, Suite 114
St. Augustine, Florida 32092
                    904-940-5850		

 Two Creeks Community Development District			
Scope of Work	Financial audit	
Engagement Partner	Antonio J. Grau	
Dates	Annually since 2007	
Client Contact	William Rizzetta, President 3434 Colwell Avenue, Suite 200
Tampa, Florida 33614
                  813-933-5571		

 Journey’s End Community Development District			
Scope of Work	Financial audit	
Engagement Partner	Antonio J. Grau	
Dates	Annually since 2004	
Client Contact	Todd Wodraska, Vice President 2501 A Burns Road
Palm Beach Gardens, Florida 33410
                  561-630-4922		

Specific Audit Approach

AUDIT APPROACH
Grau’s Understanding of Work Product / Scope of Services:
We recognize the District is an important entity and we are confident our firm is eminently qualified to meet the challenges of this engagement and deliver quality audit services. You would be a valued client of our firm and we pledge to commit all firm resources to provide the level and quality of services (as described below) which not only meet the requirements set forth in the RFP but will exceed those expectations. Grau & Associates fully understands the scope of professional services and work products requested. Our audit will follow the Auditing Standards of the AICPA, Generally Accepted Government Auditing Standards, issued by the Comptroller General of the United States, and the Rules of the Auditor General of the State of Florida and any other applicable Federal, State of Local regulations. We will deliver our reports in accordance with your requirements.

Proposed segmentation of the engagement
Our approach to the audit engagement is a risk-based approach which integrates the best of traditional auditing techniques and a total systems concept to enable the team to conduct a more efficient and effective audit. The audit will be conducted in three phases, which are as follows:

PHASE I:
Preliminary Planning
PHASE II:
Execution of the Audit Plan
PHASE III:
Completion and Delivery

Phase I - Preliminary Planning
A thorough understanding of your organization, service objectives and operating environment is essential for the development of an audit plan and for an efficient, cost-effective audit. During this phase, we will meet with appropriate personnel to obtain and document our understanding of your operations and service objectives and, at the same time, give you the opportunity to express your expectations with respect to the services that we will provide. Our work effort will be coordinated so that there will be minimal disruption to your staff.

During this phase we will perform the following activities:
» Review the regulatory, statutory and compliance requirements. This will include a review of applicable federal and state statutes, resolutions, bond documents, contracts, and other agreements;
» Read minutes of meetings;
» Review major sources of information such as budgets, organization charts, procedures, manuals, financial systems, and management information systems;
» Obtain an understanding of fraud detection and prevention systems;
» Obtain and document an understanding of internal control, including knowledge about the design of relevant policies, procedures, and records, and whether they have been placed in operation;
» Assess risk and determine what controls we are to rely upon and what tests we are going to perform and perform test of controls;
» Develop audit programs to incorporate the consideration of financial statement assertions, specific audit objectives, and appropriate audit procedures to achieve the specified objectives;
» Discuss and resolve any accounting, auditing and reporting matters which have been identified.
Phase II – Execution of Audit Plan
The audit team will complete a major portion of transaction testing and audit requirements during this phase. The procedures performed during this period will enable us to identify any matter that may impact the completion of our work or require the attention of management. Tasks to be performed in Phase II include, but are not limited to the following:
» Apply analytical procedures to further assist in the determination of the nature, timing, and extent of auditing procedures used to obtain evidential matter for specific account balances or classes of transactions;
» Perform tests of account balances and transactions through sampling, vouching, confirmation and other analytical procedures; and
»  Perform tests of compliance.
Phase III - Completion and Delivery

In this phase of the audit, we will complete the tasks related to year-end balances and financial reporting. All reports will be reviewed with management before issuance, and the partners will be available to meet and discuss our report and address any questions. Tasks to be performed in Phase III include, but are not limited to the following:

» Perform final analytical procedures;
»  Review information and make inquiries for subsequent events; and
» Meeting with Management to discuss preparation of draft financial statements and any potential findings or recommendations.

You should expect more from your accounting firm than a signature in your annual financial report. Our concept of truly responsive professional service emphasizes taking an active interest in the issues of concern to our clients and serving as an effective resource in dealing with those issues. In following this approach, we not only audit financial information with hindsight but also consider the foresight you apply in managing operations.

Application of this approach in developing our management letter is particularly important given the increasing financial pressures and public scrutiny facing today’s public officials. We will prepare the management letter at the completion of our final procedures.

In preparing this management letter, we will initially review any draft comments or recommendations with management. In addition, we will take necessary steps to ensure that matters are communicated to those charged with governance.

In addition to communicating any recommendations, we will also communicate the following, if any:

» Significant audit adjustments;
» Significant deficiencies or material weaknesses;
» Disagreements with management; and
»  Difficulties encountered in performing the audit.
Our findings will contain a statement of condition describing the situation and the area that needs strengthening, what should be corrected and why. Our suggestions will withstand the basic tests of corrective action:

To assure full agreement with facts and circumstances, we will fully discuss each item with Management prior to the final exit conference. This policy means there will be no “surprises” in the management letter and fosters a professional, cooperative atmosphere.

Communications
We emphasize a continuous, year-round dialogue between the District and our management team. We regularly communicate through personal telephone calls and electronic mail throughout the audit and on a regular basis.
Our clients have the ability to transmit information to us on our secure client portal with the ability to assign different staff with separate log on and viewing capability. This further facilitates efficiency as all assigned users receive electronic mail notification as soon as new information has been posted into the portal.

Cost of Services

Our proposed all-inclusive fees for the financial audit for the fiscal years ended September 30, 2024-2028 are as follows:

  Year Ended September 30,			Fee		
2024	$3,100	
2025	$3,200	
2026	$3,300	
2027	$3,400	
2028	$3,500	
TOTAL (2024-2028)	$16,500	

The above fees are based on the assumption that the District maintains its current level of operations. Should conditions change or Bonds are issued the fees would be adjusted accordingly upon approval from all parties concerned.

Supplemental Information

PARTIAL LIST OF CLIENTS

	Governmental Audit	Single Audit	Utility Audit	
Current Client	
Year End	
Boca Raton Airport Authority					9/30	
Captain's Key Dependent District					9/30	
Central Broward Water Control District					9/30	
Collier Mosquito Control District					9/30	
Coquina Water Control District					9/30	
East Central Regional Wastewater Treatment Facility					9/30	
Florida Green Finance Authority					9/30	
Greater Boca Raton Beach and Park District					9/30	
Greater Naples Fire Control and Rescue District					9/30	
Green Corridor P.A.C.E. District					9/30	
Hobe-St. Lucie Conservancy District					9/30	
Indian River Mosquito Control District					9/30	
Indian Trail Improvement District					9/30	
Key Largo Wastewater Treatment District					9/30	
Lake Padgett Estates Independent District					9/30	
Lake Worth Drainage District					9/30	
Lealman Special Fire Control District					9/30	
Loxahatchee Groves Water Control District					9/30	
Old Plantation Control District					9/30	
Pal Mar Water Control District					9/30	
Pinellas Park Water Management District					9/30	
Pine Tree Water Control District (Broward)					9/30	
Pinetree Water Control District (Wellington)					9/30	
Ranger Drainage District					9/30	
Renaissance Improvement District					9/30	
San Carlos Park Fire Protection and Rescue Service District					9/30	
Sanibel Fire and Rescue District					9/30	
South Central Regional Wastewater Treatment and Disposal Board					9/30	
South-Dade Venture Development District					9/30	
South Indian River Water Control District					9/30	
South Trail Fire Protection & Rescue District					9/30	
Spring Lake Improvement District					9/30	
St. Lucie West Services District					9/30	
Sunshine Water Control District					9/30	
West Villages Improvement District					9/30	
Various Community Development Districts (297)					9/30	
TOTAL	333	5	3	328		
ADDITIONAL SERVICES

CONSULTING / MANAGEMENT ADVISORY SERVICES
Grau & Associates also provide a broad range of other management consulting services. Our expertise has been consistently utilized by Governmental and Non-Profit entities throughout Florida. Examples of engagements performed are as follows:

Accounting systems
Development of budgets
Organizational structures
Financing alternatives
IT Auditing	Fixed asset records
Cost reimbursement
Indirect cost allocation
Grant administration and compliance	

ARBITRAGE

The federal government has imposed complex rules to restrict the use of tax-exempt financing. Their principal purpose is to eliminate any significant arbitrage incentives in a tax-exempt issue. We have determined the applicability of these requirements and performed the rebate calculations for more than 150 bond issues, including both fixed and variable rate bonds.

Current Arbitrage Calculations

We look forward to providing Hunt Club Grove Community Development District with our resources and experience to accomplish not only those minimum requirements set forth in your Request for Proposal, but to exceed those expectations!

For even more information on Grau & Associates please visit us on www.graucpa.com.

Hunt Club Grove CDD Auditor Selection								
	
Ability of Personnel (20 pts)	
Proposer's Experience (20 pts)	
Understading of Scope of Work (20 pts)	
Ability to Furnish the Required Services (20 pts)	

Price (20 pts)	
Total Points Earned	
Ranking
(1 being highest)	
					2024- $2,850			
					2025- $2,950			
					2026- $3,150			
DiBartolomeo, McBee, Hartley &					2027- $3,250			
Barnes					2028- $3,350			
					2024- $3,100			
					2025- $3,200			
					2026- $3,300			
					2027- $3,400			
Grau & Associates					2028- $3,500			

Board of Supervisors Meeting

MINUTES
MINUTES OF MEETING HUNT CLUB GROVE
COMMUNITY DEVELOPMENT DISTRICT

The regular meeting of the Board of Supervisors of the Hunt Club Grove Community Development District was held Tuesday, May 14, 2024 at 9:30 a.m. at the Lake Alfred Public Library, 245 N. Seminole Avenue, Lake Alfred, Florida and via Zoom.

Present and constituting a quorum:

Adam Morgan	Chairman
Rob Bonin by Zoom	Vice Chairman
Kayla Word	Assistant Secretary
Brent Kewley	Assistant Secretary
Barry Bichard joined late	Assistant Secretary Also present were:
Jill Burns	District Manager, GMS
Tricia Adams	District Manager, GMS
Robert Walker by Zoom	District Engineer, Dave Schmitt Engineering
Nika Hosseini	District Counsel, Cobb Cole
Steve Sanford	Bond Counsel, Greenberg Traurig
Michelle Dudley	Lennar

FIRST ORDER OF BUSINESS	Roll Call
Ms. Adams called the meeting to order and called the roll at 9:31 a.m. Three Board members were present constituting a quorum.

SECOND ORDER OF BUSNESS	Public Comment Period
There were no members of the public present for the meeting or attending via Zoom.

THIRD ORDER OF BUSINESS	Approval of Minutes of the December 12,
2023 Landowners’ Meeting and Board of Supervisors Meeting
Ms. Adams presented the minutes from the December 12, 2023, Landowners’ Meeting and Board of Supervisors Meeting. She asked for any comments, questions, or corrections. Mr. Morgan stated they all look good and the Board had no changes to the minutes.
May 14, 2024	Hunt Club Grove CDD

FOURTH ORDER OF BUSINESS	Presentation	and	Approval	of	First
Supplemental Engineer’s Report dated May 14, 2024
A. Public Hearing on the Imposition of Special Assessments
Mr. Walker stated not a lot has changed in this report. There is a table of all the permits that have been acquired and active. This is Phase 1 North only. There are 227 single family 40 ft lots and 107 single family 50 ft lots for a total of 334 lots. Mr. Morgan asked Mr. Walker about a map outlining the area that the issuance is going to cover as well as a legal description. Ms. Hosseini noted it may be included in the Master Engineer’s Report but will check that. Mr. Walker stated the estimated cost is $8,613,452 for Phase 1. There is a contingency of 10% which would be $722,000 of that.

FIFTH ORDER OF BUSINESS	Presentation and Approval of Preliminary
Supplemental Assessment Methodology for Assessment Area One dated May 14, 2024
Ms. Adams stated this assessment report is included on page 26 of the agenda. This takes the Capital Improvement Plan that the Board members reviewed with all of the eligible improvements for Assessment Area One and then divides them fairly and proportionally throughout the units that will benefit from the improvements. She reviewed the tables from the Supplemental Assessment Methodology for Assessment Area One starting on page 35 of the agenda. Mr. Morgan noted everything needs to be conveyed as fast as possible to the District so the funds don’t sit. Ms. Hosseini stated they need to go out and review what is complete.

May 14, 2024	Hunt Club Grove CDD

SIXTH ORDER OF BUSINESS	Consideration	of	Resolution	2024-38
Delegation Resolution (Series 2024 Bonds, Assessment Area One)
Mr. Sanford noted this is a Delegation Resolution to set forth certain parameters by the Board and when it comes time to market the bonds and we are within those parameters the Chair or Vice Chair is authorized to sign the bond purchase contract. The parameters include authorizing a principal amount of not exceeding $7.5M but that does not bind the Board to issue that amount of bonds. This is the maximum amount of bonds that can be issued. The interest rate can’t exceed the maximum rate permitted under Florida law. The term of the bonds is 30 years not counting any capitalized interest period. If the compensation to the underwrite is 98%, meaning they buy the bonds from the District at a discount and then turn around and sell the bonds at par and that differential is the compensation paid to the underwriter. If any of that were to change, they would have to come back. He reviewed the exhibits including the Bond Purchase Contract, Preliminary Offering Memorandum, Continuing Disclosure Agreement, and First Supplemental. He would like to have the Board reapprove the First Supplemental Trust Indenture. Once the bonds are sold, this document would be finalized with the interest rates, redemption provisions and sources and uses. This resolution also authorizes changes to the Engineer’s Report or the Methodology Report in connection with the marketing of the bonds without a special meeting. He asked for a motion to adopt Resolution 2024-38.
*Mr. Bichard joined the meeting at this time.

*Mr. Bonin joined the meeting at this time.

SEVENTH ORDER OF BUSINESS	Consideration	of	Resolution	2024-39
Approving the Proposed Fiscal Year 2024/2025 Budget (Suggested Date: August  13,  2024),  Declaring  Special
May 14, 2024	Hunt Club Grove CDD

Assessments, and Setting the Public Hearings on the Adoption of the Fiscal Year 2024/2025 Budget and the Imposition of Operations and Maintenance Assessments
Ms. Adams stated approval of this resolution will approve the proposed budget and declare operations and maintenance assessments for Assessment Area One. It sets the public hearing for the regular meeting date on August 13, 2024 at 9:30 a.m. at Lake Alfred Public library. It also allows for transmission of the budget to Polk County and City of Lake Wales as well as the publication of the budget on the website and in a newspaper of general circulation in accordance with Florida Statute. Attached to the resolution is a copy of the proposed budget for FY25. They are anticipating both on-roll assessments that will be collected with the tax roll as well as direct assessments. She noted 334 platted units are anticipated to be assessed through the property tax bill and 778 direct assessments. They are planning to notice the Assessment Area at $1,202.96 but anticipate that actual number coming down before the budget is adopted. Ms. Adams noted they will confirm the total number of planned units or assessable units that should be included with the FY25 budget.

EIGHTH ORDER OF BUSINESS	Ratification  of  2024  Non-Ad  Valorem
Contract with	Polk	County Property Appraiser
Ms. Adams stated this is to collect the CDD fees on the tax bill.

NINTH ORDER OF BUSINESS	Appointment of Audit Committee
May 14, 2024	Hunt Club Grove CDD

Ms. Adams stated the CDD is required to undergo an annual independent audit. Typically, the Board appoints themselves as the Audit Committee.

TENTH ORDER OF BUISNESS	Staff Reports
A. Attorney
Ms. Hosseini had nothing further to report.

B. Engineer
Mr. Walker had nothing to report.

C. District Manager
Ratification of Funding Requests #2 through #5
Ms. Adams asked for ratification of Funding Requests #2 through #5. These are included in the agenda packet starting on page 257.

Balance Sheet & Income Statement
Ms. Adams noted these are the unaudited financials through the end of March. This is for the current fiscal year which is developer contributions.

Presentation of Number of Registered Voters – 0
Ms. Adams stated there are zero registered voters in the CDD.

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

TWELFTH ORDER OF BUSINESS	Supervisors	Requests	and	Audience
Comments
There being no comments, the next item followed.
May 14, 2024	Hunt Club Grove CDD

THIRTEENTH ORDER OF BUSINESS	Adjournment
Ms. Burns asked for a motion to adjourn the meeting.

Secretary/Assistant Secretary	Chairman/Vice Chairman
MINUTES OF MEETING HUNT CLUB GROVE
COMMUNITY DEVELOPMENT DISTRICT

The audit committee meeting of the Hunt Club Grove Community Development District was held Tuesday, May 14, 2024 at 9:30 a.m. at the Lake Alfred Public Library, 245 N. Seminole Avenue, Lake Alfred, Florida and via Zoom.

Present and constituting a quorum:

Adam Morgan
Rob Bonin by Zoom
Kayla Word Barry Bichard Brent Kewley

Also present were:

Jill Burns	District Manager, GMS
Tricia Adams	District Manager, GMS Robert Walker by Zoom
Nika Hosseini Steve Sanford

FIRST ORDER OF BUSINESS	Roll Call
Ms. Adams called the meeting to order and called the roll. Four Board members were present constituting a quorum. Mr. Bonin joined via Zoom.

SECOND ORDER OF BUSNESS	Public Comment Period
There were no members of the public present for the meeting.

THIRD ORDER OF BUSINESS	Audit Services
Approval of Request for Proposals and Selection Criteria
Approval of Notice of Request for Proposals for Audit Services
Public Announcement of Opportunity to Provide Audit Services
Ms. Adams noted Board members are required to approve the request for proposals and solicitation criteria as well as approving the notice and announcement of the opportunity to provide audit services.
May 14, 2024	Hunt Club Grove CDD

FOURTH ORDER OF BUSINESS	Adjournment
Ms. Adams asked for a motion to adjourn the meeting.

Secretary/Assistant Secretary	Chairman/Vice Chairman

2

Section V

Section A

Section 1
RESOLUTION 2024-40

THE ANNUAL APPROPRIATION RESOLUTION OF THE HUNT CLUB GROVE COMMUNITY DEVELOPMENT DISTRICT RELATING TO THE ANNUAL APPROPRIATIONS AND ADOPTING THE BUDGET FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2024, AND ENDING SEPTEMBER 30, 2025; AUTHORIZING BUDGET AMENDMENTS; AND PROVIDING AN EFFECTIVE DATE.
WHEREAS, the District Manager has, prior to the fifteenth (15th) day in June, 2024, submitted to the Board of Supervisors (“Board”) of the Hunt Club Grove Community Development District (“District”) proposed budget (“Proposed Budget”) for the fiscal year beginning October 1, 2024 and ending September 30, 2025 (“Fiscal Year 2025”) along with an explanatory and complete financial plan for each fund of the District, pursuant to the provisions of Section 190.008(2)(a), Florida Statutes; and

WHEREAS, at least sixty (60) days prior to the adoption of the Proposed Budget, the District filed a copy of the Proposed Budget with the local governing authorities having jurisdiction over the area included in the District pursuant to the provisions of Section 190.008(2)(b), Florida Statutes; and
WHEREAS, the Board set a public hearing thereon and caused notice of such public hearing to be given by publication pursuant to Section 190.008(2)(a), Florida Statutes; and
WHEREAS, the District Manager posted the Proposed Budget on the District’s website at least two days before the public hearing; and

WHEREAS, Section 190.008(2)(a), Florida Statutes, requires that, prior to October 1st of each year, the Board, by passage of the Annual Appropriation Resolution, shall adopt a budget for the ensuing fiscal year and appropriate such sums of money as the Board deems necessary to defray all expenditures of the District during the ensuing fiscal year; and

WHEREAS, the District Manager has prepared a Proposed Budget, whereby the budget shall project the cash receipts and disbursements anticipated during a given time period, including reserves for contingencies for emergency or other unanticipated expenditures during the fiscal year.
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE HUNT CLUB GROVE COMMUNITY DEVELOPMENT DISTRICT:

SECTION 1. BUDGET

The Board has reviewed the Proposed Budget, a copy of which is on file with the office of the District Manager and at the District’s Local Records Office, and hereby approves certain amendments thereto, as shown in Section 2 below.
The Proposed Budget, attached hereto as Exhibit A, as amended by the Board, is hereby adopted in accordance with the provisions of Section 190.008(2)(a), Florida Statutes (“Adopted Budget”), and incorporated herein by reference; provided, however, that the comparative figures contained in the Adopted Budget may be subsequently revised as deemed necessary by the District Manager to reflect actual revenues and expenditures.
The Adopted Budget, as amended, shall be maintained in the office of the District Manager and at the District’s Local Records Office and identified as “The Budget for the Hunt Club Grove Community Development District for the Fiscal Year Ending September 30, 2025.”

The Adopted Budget shall be posted by the District Manager on the District’s official website within thirty (30) days after adoption and shall remain on the website for at least 2 years.

SECTION 2. APPROPRIATIONS

There is hereby appropriated out of the revenues of the District, for Fiscal Year 2025, the sum of $	 to be raised by the levy of assessments and/or otherwise, which sum is deemed by the Board to be necessary to defray all expenditures of the District during said budget year, to be divided and appropriated in the following fashion:
TOTAL GENERAL FUND	$	
CAPITAL RESERVE FUND	$	
TOTAL ALL FUNDS	$	
SECTION 3. BUDGET AMENDMENTS
Pursuant to Section 189.016, Florida Statutes, the District at any time within Fiscal Year 2025 or within 60 days following the end of the Fiscal Year 2025 may amend its Adopted Budget for that fiscal year as follows:

A line-item appropriation for expenditures within a fund may be decreased or increased by motion of the Board recorded in the minutes, and approving the expenditure, if the total appropriations of the fund do not increase.

The District Manager or Treasurer may approve an expenditure that would increase or decrease a line-item appropriation for expenditures within a fund if the total appropriations of the fund do not increase and if either (i) the aggregate change in the original appropriation item does not exceed the greater of $15,000 or 15% of the original appropriation, or (ii) such expenditure is authorized by separate disbursement or spending resolution.
Any other budget amendments shall be adopted by resolution and consistent with Florida law.

The District Manager or Treasurer must ensure that any amendments to the budget under paragraph c. above are posted on the District’s website within 5 days after adoption and remain on the website for at least 2 years.

SECTION 4. EFFECTIVE DATE. This Resolution shall take effect immediately upon adoption.
PASSED AND ADOPTED THIS 13TH DAY OF AUGUST 2024.

ATTEST:	HUNT CLUB GROVE COMMUNITY DEVELOPMENT DISTRICT

Secretary/Assistant Secretary
By:	 Its:	
Exhibit A:	Adopted Budget for Fiscal Year 2025

Hunt Club Grove
Community Development District

Proposed Budget
FY2025

Table of Contents

1

2-4

5

6-7
General Fund General Fund Narrative
Series 2024 Debt Service Fund Series 2024 Amortization Schedule
Hunt Club Grove
Community Development District Proposed Budget
General Fund

	Adopted Budget	Actuals Thru	Projected Next	Projected Thru	Proposed Budget	
Description	FY2024		6/30/24		3 Months	9/30/24	FY2025	
Revenues						

Assessments - Tax Roll	$	-	$	-	
$	-	
$	-	
$	288,662			
Assessments - Direct	$	-	$	-	$	-	$	-	$	91,106			
Developer Contributions	$	176,850	$	71,753	$	14,843	$	86,596	$	-	
Total Revenues	$	176,850	$	71,753	$	14,843	$	86,596	$	379,768			
Expenditures
General & Administrative
Supervisor Fees	$	12,000	$	3,600	

$	3,000	

$	6,600	

$	12,000			
FICA Expenditures	$	-	$	275	$	230	$	505	$	918			
Engineering	$	15,000	$	-	$	3,750	$	3,750	$	15,000			
Attorney	$	25,000	$	-	$	6,250	$	6,250	$	25,000			
Annual Audit	$	-	$	-	$	-	$	-	$	4,000	
Assessment Administration	$	-	$	-	$	-	$	-	$	5,000	
Arbitrage Rebate	$	450	$	-	$	-	$	-	$	450	
Dissemination Agent	$	5,000	$	-	$	-	$	-	$	5,000	
Trustee Fees	$	3,600	$	-	$	-	$	-	$	3,600	
Management Fees	$	40,000	$	30,000	$	10,000	$	40,000	$	42,500	
Information Technology	$	1,800	$	1,350	$	450	$	1,800	$	1,800	
Website Maintenance	$	1,200	$	2,650	$	300	$	2,950	$	1,200	
Postage & Delivery	$	1,000	$	144	$	250	$	394	$	1,000	
Insurance	$	5,000	$	3,740	$	-	$	3,740	$	5,000	
Copies	$	1,000	$	-	$	250	$	250	$	1,000	
Legal Advertising	$	10,000	$	18,776	$	1,000	$	19,776	$	10,000	
Other Current Charges	$	5,000	$	179	$	179	$	358	$	5,000	
Office Supplies	$	625	$	11	$	11	$	23	$	625	
Dues, Licenses & Subscriptions	$	175	$	200	$	-	$	200	$	175	
Subtotal General & Administrative:	$	126,850	$	60,926	$	25,670	$	86,596	$	139,268			
Operations & Maintenance
Field Expenditures
Property Insurance	$	-	$	-	

$	-	

$	-	

$	7,500			
Field Management	$	-	$	-	$	-	$	-	$	15,000			
Landscape Maintenance	$	-	$	-	$	-	$	-	$	90,000			
Landscape Replacement	$	-	$	-	$	-	$	-	$	2,500			
Irrigation Repairs	$	-	$	-	$	-	$	-	$	5,000			
Streetlights	$	-	$	-	$	-	$	-	$	45,000			
Electric	$	-	$	-	$	-	$	-	$	5,000			
Lake Maintenance	$	-	$	-	$	-	$	-	$	8,000			
General Repairs & Maintenance	$	-	$	-	$	-	$	-	$	5,000			
Field Contingency	$	50,000	$	-	$	-	$	-	$	50,000			
Water & Sewer	$	-	$	-	$	-	$	-	$	5,000			
Sidewalk & Asphalt Maintenance	$	-	$	-	$	-	$	-	$	2,500			
Subtotal Field Expenditures:	$	50,000	$	-	$	-	$	-	$	240,500			
						
Total Expenditures	$	176,850	$	60,926	$	25,670	$	86,596	$	379,768			
						
Excess Revenues/(Expenditures)	$	-	$	10,827	$	(10,827)	$	-	$	-			

Net Assessments	
$	379,768					
Add: Discounts & Collections 7%	 $	28,585 					
Gross Assessments	$	408,353					
Assessable	Net	Net Per Unit	Gross Per			
Product	Units	Assessment	(7%)	Unit			
Assessments - On Roll [Platted]	334	$	288,662	$	864.26	$	929.31		
Assessments - Direct [Unplatted]	778	$	91,106	$	117.10	$	125.92		
	1112	$	379,768				
Hunt Club Grove
Community Development District
General Fund Narrative

Revenues:

Assessments
The District will levy a non-ad valorem assessment on all the assessable property within the District in order to pay for operating expenditures during the fiscal year.

Expenditures:

General & Administrative:

Supervisor Fees
Chapter 190, Florida Statutes, allows for each Board member to receive $200 per meeting to each Supervisor for the time devoted to District business and meetings.

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

Engineering
The District's engineer, Dave Schmitt Engineering, Inc., will provide general engineering services to the District, e.g. attendance and preparation for monthly board meetings, review invoices and various projects as directed by the Board of Supervisors and the District Manager.

Attorney
The District's legal counsel, Cobb & Cole, will provide general legal services to the District, e.g. attendance and preparation for meetings, preparation and review of agreements, resolutions, etc. as directed by the Board of Supervisors and the District Manager.

Annual Audit
The District is required by Florida Statutes to arrange for an independent audit of its financial records on an annual basis.

Assessment Administration
The District has contracted with Governmental Management Services-Central Florida, LLC to levy and administer the collection of non-ad valorem assessment on all assessable property within the District.

Arbitrage Rebate
The District will contract with an independent certified public accountant to annually calculate the District’s Arbitrage Rebate Liability on an anticipated bond issuance.

Dissemination Agent
The District is required by the Security and Exchange Commission to comply with Rule 15c2-12(b)(5) which relates to additional reporting requirements for unrated bond issues. This cost is based upon an anticipated bond issuance.

Trustee Fees
The District will incur trustee related costs with the issuance of its’ issued bonds.
Hunt Club Grove
Community Development District
General Fund Narrative

Management Fees
The District will receive Management, Accounting and Administrative services as part of a Management Agreement with Governmental Management Services-Central Florida, LLC. The services include but are not limited to, recording and transcription of board meetings, administrative services, budget preparation, all financial reports, annual audits, etc.

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

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

Postage & Delivery
The District incurs charges for mailing of Board meeting agenda packages, overnight deliveries, correspondence, etc.

Insurance
The District’s general liability and public official’s liability insurance coverages.

Copies
Printing agenda materials for board meetings, printing of computerized checks, stationary, envelopes, etc.

Legal Advertising
The District is required to advertise various notices for monthly Board meetings, public hearings, etc. in a newspaper of general circulation.

Other Current Charges
Bank charges and any other miscellaneous expenses incurred during the year.

Office Supplies
Any supplies that may need to be purchased during the fiscal year, e.g., paper, minute books, file folders, labels, paper clips, etc.

Dues, Licenses & Subscriptions
The District is required to pay an annual fee to the Florida Department of Commerce for $175. This is the only expense under this category for the District.
Hunt Club Grove
Community Development District
General Fund Narrative

Operations & Maintenance:

Field Expenditures:

Property Insurance
The District’s estimated property insurance coverages.

Field Management
The District will contract for onsite field management of contracts for the District such as landscape and lake maintenance. Services include onsite inspections, meetings with contractors, monitoring of utility accounts, attend Board meetings and receive and respond to property owner phone calls and emails.

Landscape Maintenance
Represents the estimated maintenance of the landscaping within the common areas of the District after the installation of landscape material has been completed.

Landscape Replacement
Represents the estimated cost of replacing landscaping within the common areas of the District.

Irrigation Repairs
Represents the estimated cost of maintaining and repairing the irrigation system. This includes the sprinklers, and irrigation wells.

Streetlights
Represents the cost to maintain street lights within the District Boundaries that are expected to be in place throughout the fiscal year.

Electric
Represents estimated electric charges of common areas throughout the District.

Lake Maintenance
Represents the estimated costs to maintain the lakes within the District’s boundaries.

General Repairs & Maintenance
Represents estimated costs for general repairs and maintenance of the District’s common areas.

Field Contingency
Represents funds allocated to expenses that the District could incur throughout the fiscal year that do not fit into any field category.

Water & Sewer
Represents estimated costs for water and refuse services provided for common areas throughout the District.

Sidewalk & Asphalt Maintenance
Represents the estimated costs of maintaining the sidewalks and asphalt throughout the District’s Boundary.
Hunt Club Grove
Community Development District Proposed Budget
Series 2024 Debt Service Fund

		Adopted Budget	Actuals Thru	Projected Next	Projected Thru	Proposed Budget	
	Description	FY2024	6/30/24	3 Months	9/30/24	FY2025	

Revenues							

Assessments	
$	-	$	-	$	-	$	-	$	391,793						
Carry Forward Surplus	$	-	$	-	$	-	$	-	$	146,952						
Total Revenues	$	-	$	-	$	-	$	-	$538,745						

Expenditures							
Interest - 12/15	$	-	$	-	$	-	$	-	$	146,952						
Principal - 6/15	$	-	$	-	$	-	$	-	$	80,000						
Interest - 6/15	$	-	$	-	$	-	$	-	$	155,596						
Total Expenditures	$	-	$	-	$	-	$	-	$	382,548						

Other Financing Sources/Uses							
Bond Proceeds	$	-	$	342,848	$	-	$	342,848	$	-				
Total Other Financing Sources/Uses	$	-	$	342,848	$	-	$	342,848	$	-				
							
Excess Revenues/(Expenditures)	$	-	$	342,848	$	-	$	342,848	$	156,196				
		
Interest Expense 12/15/25	
 $	153,656 				

Product	Assessable Units	Debt Service	Per Unit	Assessment Per	
Single Family 40	227	$	246,533	$1,086	$1,168	
Single Family 50	107	$	145,259	$1,358	$1,460	
	334	$	391,793			
Hunt Club Grove
Community Development District
Series 2024 Special Assessment Bonds

AMORTIZATION SCHEDULE

12/15/24	$	5,715,000.00	$	-	$	146,952.01	$	146,952.01	
06/15/25	$	5,715,000.00	$	80,000.00	$	155,596.25	$	-	
12/15/25	$	5,635,000.00	$	-	$	153,656.25	$	389,252.50	
06/15/26	$	5,635,000.00	$	85,000.00	$	153,656.25	$	-	
12/15/26	$	5,550,000.00	$	-	$	151,595.00	$	390,251.25	
06/15/27	$	5,550,000.00	$	90,000.00	$	151,595.00	$	-	
12/15/27	$	5,460,000.00	$	-	$	149,412.50	$	391,007.50	
06/15/28	$	5,460,000.00	$	95,000.00	$	149,412.50	$	-	
12/15/28	$	5,365,000.00	$	-	$	147,108.75	$	391,521.25	
06/15/29	$	5,365,000.00	$	100,000.00	$	147,108.75	$	-	
12/15/29	$	5,265,000.00	$	-	$	144,683.75	$	391,792.50	
06/15/30	$	5,265,000.00	$	100,000.00	$	144,683.75	$	-	
12/15/30	$	5,165,000.00	$	-	$	142,258.75	$	386,942.50	
06/15/31	$	5,165,000.00	$	105,000.00	$	142,258.75	$	-	
12/15/31	$	5,060,000.00	$	-	$	139,712.50	$	386,971.25	
06/15/32	$	5,060,000.00	$	115,000.00	$	139,712.50	$	-	
12/15/32	$	4,945,000.00	$	-	$	136,621.88	$	391,334.38	
06/15/33	$	4,945,000.00	$	120,000.00	$	136,621.88	$	-	
12/15/33	$	4,825,000.00	$	-	$	133,396.88	$	390,018.76	
06/15/34	$	4,825,000.00	$	125,000.00	$	133,396.88	$	-	
12/15/34	$	4,700,000.00	$	-	$	130,037.50	$	388,434.38	
06/15/35	$	4,700,000.00	$	135,000.00	$	130,037.50	$	-	
12/15/35	$	4,565,000.00	$	-	$	126,409.38	$	391,446.88	
06/15/36	$	4,565,000.00	$	140,000.00	$	126,409.38	$	-	
12/15/36	$	4,425,000.00	$	-	$	122,646.88	$	389,056.26	
06/15/37	$	4,425,000.00	$	150,000.00	$	122,646.88	$	-	
12/15/37	$	4,275,000.00	$	-	$	118,615.63	$	391,262.51	
06/15/38	$	4,275,000.00	$	155,000.00	$	118,615.63	$	-	
12/15/38	$	4,120,000.00	$	-	$	114,450.00	$	388,065.63	
06/15/39	$	4,120,000.00	$	165,000.00	$	114,450.00	$	-	
12/15/39	$	3,955,000.00	$	-	$	110,015.63	$	389,465.63	
06/15/40	$	3,955,000.00	$	175,000.00	$	110,015.63	$	-	
12/15/40	$	3,780,000.00	$	-	$	105,312.50	$	390,328.13	
06/15/41	$	3,780,000.00	$	185,000.00	$	105,312.50	$	-	
12/15/41	$	3,595,000.00	$	-	$	100,340.63	$	390,653.13	
06/15/42	$	3,595,000.00	$	195,000.00	$	100,340.63	$	-	
12/15/42	$	3,400,000.00	$	-	$	95,100.00	$	390,440.63	
06/15/43	$	3,400,000.00	$	205,000.00	$	95,100.00	$	-	
12/15/43	$	3,195,000.00	$	-	$	89,590.63	$	389,690.63	
06/15/44	$	3,195,000.00	$	215,000.00	$	89,590.63	$	-	
12/15/44	$	2,980,000.00	$	-	$	83,812.50	$	388,403.13	
06/15/45	$	2,980,000.00	$	230,000.00	$	83,812.50	$	-	
12/15/45	$	2,750,000.00	$	-	$	77,343.75	$	391,156.25	
06/15/46	$	2,750,000.00	$	240,000.00	$	77,343.75	$	-	
Hunt Club Grove
Community Development District
Series 2024 Special Assessment Bonds

AMORTIZATION SCHEDULE

12/15/46	$	2,510,000.00	$	-	$	70,593.75	$	387,937.50	
06/15/47	$	2,510,000.00	$	255,000.00	$	70,593.75	$	-	
12/15/47	$	2,255,000.00	$	-	$	63,421.88	$	389,015.63	
06/15/48	$	2,255,000.00	$	270,000.00	$	63,421.88	$	-	
12/15/48	$	1,985,000.00	$	-	$	55,828.13	$	389,250.01	
06/12/49	$	1,985,000.00	$	285,000.00	$	55,828.13	$	-	
12/15/49	$	1,700,000.00	$	-	$	47,812.50	$	388,640.63	
06/15/50	$	1,700,000.00	$	300,000.00	$	47,812.50	$	-	
12/15/50	$	1,400,000.00	$	-	$	39,375.00	$	387,187.50	
06/15/51	$	1,400,000.00	$	320,000.00	$	39,375.00	$	-	
12/15/51	$	1,080,000.00	$	-	$	30,375.00	$	389,750.00	
06/15/52	$	1,080,000.00	$	340,000.00	$	30,375.00	$	-	
12/15/52	$	740,000.00	$	-	$	20,812.50	$	391,187.50	
06/12/53	$	740,000.00	$	360,000.00	$	20,812.50	$	-	
12/15/53	$	380,000.00	$	-	$	10,687.50	$	391,500.00	
06/12/54	$	380,000.00	$	380,000.00	$	10,687.50	$	-	
12/15/54	$	-	$	-	$	-	$	390,687.50	

Section B

Section 1
RESOLUTION 2024-41

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE HUNT CLUB GROVE COMMUNITY DEVELOPMENT DISTRICT MAKING A DETERMINATION OF BENEFIT AND IMPOSING SPECIAL ASSESSMENTS FOR FISCAL YEAR 2025; PROVIDING FOR THE COLLECTION AND ENFORCEMENT OF SPECIAL ASSESSMENTS, INCLUDING BUT NOT LIMITED TO PENALTIES AND INTEREST THEREON; CERTIFYING AN ASSESSMENT ROLL; PROVIDING FOR AMENDMENTS TO THE ASSESSMENT ROLL; PROVIDING A SEVERABILITY CLAUSE; AND PROVIDING AN EFFECTIVE DATE.

WHEREAS, the Hunt Club Grove Community Development District (“District”) is a local unit of special-purpose government established pursuant to Chapter 190, Florida Statutes, for the purpose of providing, operating and maintaining infrastructure improvements, facilities and services to the lands within the District; and
WHEREAS, the District is located in Polk County, Florida (“County”); and

WHEREAS, the District has constructed or acquired various infrastructure improvements and provides certain services in accordance with the District’s adopted capital improvement plan and Chapter 190, Florida Statutes; and

WHEREAS, the Board of Supervisors (“Board”) of the District hereby determines to undertake various operations and maintenance and other activities described in the District’s budget (“Adopted Budget”) for the fiscal year beginning October 1, 2024, and ending September 30, 2025 (“Fiscal Year 2025”), attached hereto as Exhibit A; and

WHEREAS, the District must obtain sufficient funds to provide for the operation and maintenance of the services and facilities provided by the District as described in the Adopted Budget; and

WHEREAS, the provision of such services, facilities, and operations is a benefit to lands within the District; and

WHEREAS, Chapter 190, Florida Statutes, provides that the District may impose special assessments on benefitted lands within the District; and
WHEREAS, it is in the best interests of the District to proceed with the imposition of the special assessments for operations and maintenance in the amount set forth in the Adopted Budget; and

WHEREAS, the District has previously levied an assessment for debt service, which the District desires to collect for Fiscal Year 2025; and
WHEREAS, Chapter 197, Florida Statutes, provides a mechanism pursuant to which such special assessments may be placed on the tax roll and collected by the local tax collector (“Uniform Method”), and the District has previously authorized the use of the Uniform Method by, among other things, entering into agreements with the Property Appraiser and Tax Collector of the County for that purpose; and

WHEREAS, it is in the best interests of the District to adopt the assessment roll (“Assessment Roll”) attached to this Resolution as Exhibit B, and to certify the portion of the Assessment Roll related to certain developed property (“Tax Roll Property”) to the County Tax Collector pursuant to the Uniform Method and to directly collect the portion of the Assessment Roll relating to the remaining property (“Direct Collect Property”), all as set forth in Exhibit B; and
WHEREAS, it is in the best interests of the District to permit the District Manager to amend the Assessment Roll adopted herein, including that portion certified to the County Tax Collector by this Resolution, as the Property Appraiser updates the property roll for the County, for such time as authorized by Florida law.

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE HUNT CLUB GROVE COMMUNITY DEVELOPMENT DISTRICT:

SECTION 1. BENEFIT & ALLOCATION FINDINGS. The provision of the services, facilities, and operations as described in Exhibit A confers a special and peculiar benefit to the lands within the District, which benefit exceeds or equals the cost of the assessments. The allocation of the assessments to the specially benefitted lands is shown in Exhibits A and B and is hereby found to be fair and reasonable.

SECTION 2. ASSESSMENT IMPOSITION. Pursuant to Chapters 170, 190 and 197, Florida Statutes, and using the procedures authorized by Florida law for the levy and collection of special assessments, a special assessment for operation and maintenance is hereby imposed and levied on benefitted lands within the District and in accordance with Exhibits A and B. The lien of the special assessments for operations and maintenance imposed and levied by this Resolution shall be effective upon passage of this Resolution.
SECTION 3. COLLECTION AND ENFORCEMENT; PENALTIES; INTEREST.

Tax Roll Assessments. The operations and maintenance special assessments and previously levied debt service special assessments imposed on the Tax Roll Property shall be collected at the same time and in the same manner as County taxes in accordance with the Uniform Method, as set forth in Exhibits A and B.

Direct Bill Assessments. The operations and maintenance special assessments and previously levied debt service special assessments imposed on the Direct Collect Property shall be collected directly by the District in accordance with Florida law, as set forth in Exhibits A and B. Assessments directly collected by the District are due in
full on December 1, 2024; provided, however, that, to the extent permitted by law, the assessments due may be paid in several partial, deferred payments and according to the following schedule: 50% due no later than December 1, 2024, 25% due no later than February 1, 2025 and 25% due no later than May 1, 2025. In the event that an assessment payment is not made in accordance with the schedule stated above, the whole assessment – including any remaining partial, deferred payments for Fiscal Year 2025, shall immediately become due and payable; shall accrue interest, penalties in the amount of one percent (1%) per month, and all costs of collection and enforcement; and shall either be enforced pursuant to a foreclosure action, or, at the District’s sole discretion, collected pursuant to the Uniform Method on a future tax bill, which amount may include penalties, interest, and costs of collection and enforcement. Any prejudgment interest on delinquent assessments shall accrue at the rate of any bonds secured by the assessments, or at the statutory prejudgment interest rate, as applicable. In the event an assessment subject to direct collection by the District shall be delinquent, the District Manager and District Counsel, without further authorization by the Board, may initiate foreclosure proceedings pursuant to Chapter 170, Florida Statutes, or other applicable law to collect and enforce the whole assessment, as set forth herein.
Future Collection Methods. The decision to collect special assessments by any particular method – e.g., on the tax roll or by direct bill – does not mean that such method will be used to collect special assessments in future years, and the District reserves the right in its sole discretion to select collection methods in any given year, regardless of past practices.

SECTION 4. ASSESSMENT ROLL. The Assessment Roll, attached to this Resolution as Exhibit B, is hereby certified for collection. That portion of the Assessment Roll which includes the Tax Roll Property is hereby certified to the County Tax Collector and shall be collected by the County Tax Collector in the same manner and time as County taxes. The proceeds therefrom shall be paid to the District.

SECTION 5. ASSESSMENT ROLL AMENDMENT. The District Manager shall keep apprised of all updates made to the County property roll by the Property Appraiser after the date of this Resolution and shall amend the Assessment Roll in accordance with any such updates, for such time as authorized by Florida law, to the County property roll. After any amendment of the Assessment Roll, the District Manager shall file the updates in the District records.

SECTION 6. 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.

SECTION 7. EFFECTIVE DATE. This Resolution shall take effect upon the passage and adoption of this Resolution by the Board.
PASSED AND ADOPTED THIS 13TH DAY OF AUGUST 2024.
ATTEST:	HUNT CLUB GROVE COMMUNITY DEVELOPMENT DISTRICT

Secretary / Assistant Secretary
By:	 Its:	
Exhibit A:	Adopted Budget for Fiscal Year 2025
Exhibit B:	Assessment Roll (Uniform Method) Assessment Roll (Direct Collect)

Hunt Club Grove
Community Development District

Proposed Budget
FY2025

Table of Contents

1

2-4

5

6-7
General Fund General Fund Narrative
Series 2024 Debt Service Fund Series 2024 Amortization Schedule
Hunt Club Grove
Community Development District Proposed Budget
General Fund

	Adopted Budget	Actuals Thru	Projected Next	Projected Thru	Proposed Budget	
Description	FY2024		6/30/24		3 Months	9/30/24	FY2025	
Revenues						

Assessments - Tax Roll	$	-	$	-	
$	-	
$	-	
$	288,662			
Assessments - Direct	$	-	$	-	$	-	$	-	$	91,106			
Developer Contributions	$	176,850	$	71,753	$	14,843	$	86,596	$	-	
Total Revenues	$	176,850	$	71,753	$	14,843	$	86,596	$	379,768			
Expenditures
General & Administrative
Supervisor Fees	$	12,000	$	3,600	

$	3,000	

$	6,600	

$	12,000			
FICA Expenditures	$	-	$	275	$	230	$	505	$	918			
Engineering	$	15,000	$	-	$	3,750	$	3,750	$	15,000			
Attorney	$	25,000	$	-	$	6,250	$	6,250	$	25,000			
Annual Audit	$	-	$	-	$	-	$	-	$	4,000	
Assessment Administration	$	-	$	-	$	-	$	-	$	5,000	
Arbitrage Rebate	$	450	$	-	$	-	$	-	$	450	
Dissemination Agent	$	5,000	$	-	$	-	$	-	$	5,000	
Trustee Fees	$	3,600	$	-	$	-	$	-	$	3,600	
Management Fees	$	40,000	$	30,000	$	10,000	$	40,000	$	42,500	
Information Technology	$	1,800	$	1,350	$	450	$	1,800	$	1,800	
Website Maintenance	$	1,200	$	2,650	$	300	$	2,950	$	1,200	
Postage & Delivery	$	1,000	$	144	$	250	$	394	$	1,000	
Insurance	$	5,000	$	3,740	$	-	$	3,740	$	5,000	
Copies	$	1,000	$	-	$	250	$	250	$	1,000	
Legal Advertising	$	10,000	$	18,776	$	1,000	$	19,776	$	10,000	
Other Current Charges	$	5,000	$	179	$	179	$	358	$	5,000	
Office Supplies	$	625	$	11	$	11	$	23	$	625	
Dues, Licenses & Subscriptions	$	175	$	200	$	-	$	200	$	175	
Subtotal General & Administrative:	$	126,850	$	60,926	$	25,670	$	86,596	$	139,268			
Operations & Maintenance
Field Expenditures
Property Insurance	$	-	$	-	

$	-	

$	-	

$	7,500			
Field Management	$	-	$	-	$	-	$	-	$	15,000			
Landscape Maintenance	$	-	$	-	$	-	$	-	$	90,000			
Landscape Replacement	$	-	$	-	$	-	$	-	$	2,500			
Irrigation Repairs	$	-	$	-	$	-	$	-	$	5,000			
Streetlights	$	-	$	-	$	-	$	-	$	45,000			
Electric	$	-	$	-	$	-	$	-	$	5,000			
Lake Maintenance	$	-	$	-	$	-	$	-	$	8,000			
General Repairs & Maintenance	$	-	$	-	$	-	$	-	$	5,000			
Field Contingency	$	50,000	$	-	$	-	$	-	$	50,000			
Water & Sewer	$	-	$	-	$	-	$	-	$	5,000			
Sidewalk & Asphalt Maintenance	$	-	$	-	$	-	$	-	$	2,500			
Subtotal Field Expenditures:	$	50,000	$	-	$	-	$	-	$	240,500			
						
Total Expenditures	$	176,850	$	60,926	$	25,670	$	86,596	$	379,768			
						
Excess Revenues/(Expenditures)	$	-	$	10,827	$	(10,827)	$	-	$	-			

Net Assessments	
$	379,768					
Add: Discounts & Collections 7%	 $	28,585 					
Gross Assessments	$	408,353					
Assessable	Net	Net Per Unit	Gross Per			
Product	Units	Assessment	(7%)	Unit			
Assessments - On Roll [Platted]	334	$	288,662	$	864.26	$	929.31		
Assessments - Direct [Unplatted]	778	$	91,106	$	117.10	$	125.92		
	1112	$	379,768				
Hunt Club Grove
Community Development District
General Fund Narrative

Revenues:

Assessments
The District will levy a non-ad valorem assessment on all the assessable property within the District in order to pay for operating expenditures during the fiscal year.

Expenditures:

General & Administrative:

Supervisor Fees
Chapter 190, Florida Statutes, allows for each Board member to receive $200 per meeting to each Supervisor for the time devoted to District business and meetings.

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

Engineering
The District's engineer, Dave Schmitt Engineering, Inc., will provide general engineering services to the District, e.g. attendance and preparation for monthly board meetings, review invoices and various projects as directed by the Board of Supervisors and the District Manager.

Attorney
The District's legal counsel, Cobb & Cole, will provide general legal services to the District, e.g. attendance and preparation for meetings, preparation and review of agreements, resolutions, etc. as directed by the Board of Supervisors and the District Manager.

Annual Audit
The District is required by Florida Statutes to arrange for an independent audit of its financial records on an annual basis.

Assessment Administration
The District has contracted with Governmental Management Services-Central Florida, LLC to levy and administer the collection of non-ad valorem assessment on all assessable property within the District.

Arbitrage Rebate
The District will contract with an independent certified public accountant to annually calculate the District’s Arbitrage Rebate Liability on an anticipated bond issuance.

Dissemination Agent
The District is required by the Security and Exchange Commission to comply with Rule 15c2-12(b)(5) which relates to additional reporting requirements for unrated bond issues. This cost is based upon an anticipated bond issuance.

Trustee Fees
The District will incur trustee related costs with the issuance of its’ issued bonds.
Hunt Club Grove
Community Development District
General Fund Narrative

Management Fees
The District will receive Management, Accounting and Administrative services as part of a Management Agreement with Governmental Management Services-Central Florida, LLC. The services include but are not limited to, recording and transcription of board meetings, administrative services, budget preparation, all financial reports, annual audits, etc.

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

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

Postage & Delivery
The District incurs charges for mailing of Board meeting agenda packages, overnight deliveries, correspondence, etc.

Insurance
The District’s general liability and public official’s liability insurance coverages.

Copies
Printing agenda materials for board meetings, printing of computerized checks, stationary, envelopes, etc.

Legal Advertising
The District is required to advertise various notices for monthly Board meetings, public hearings, etc. in a newspaper of general circulation.

Other Current Charges
Bank charges and any other miscellaneous expenses incurred during the year.

Office Supplies
Any supplies that may need to be purchased during the fiscal year, e.g., paper, minute books, file folders, labels, paper clips, etc.

Dues, Licenses & Subscriptions
The District is required to pay an annual fee to the Florida Department of Commerce for $175. This is the only expense under this category for the District.
Hunt Club Grove
Community Development District
General Fund Narrative

Operations & Maintenance:

Field Expenditures:

Property Insurance
The District’s estimated property insurance coverages.

Field Management
The District will contract for onsite field management of contracts for the District such as landscape and lake maintenance. Services include onsite inspections, meetings with contractors, monitoring of utility accounts, attend Board meetings and receive and respond to property owner phone calls and emails.

Landscape Maintenance
Represents the estimated maintenance of the landscaping within the common areas of the District after the installation of landscape material has been completed.

Landscape Replacement
Represents the estimated cost of replacing landscaping within the common areas of the District.

Irrigation Repairs
Represents the estimated cost of maintaining and repairing the irrigation system. This includes the sprinklers, and irrigation wells.

Streetlights
Represents the cost to maintain street lights within the District Boundaries that are expected to be in place throughout the fiscal year.

Electric
Represents estimated electric charges of common areas throughout the District.

Lake Maintenance
Represents the estimated costs to maintain the lakes within the District’s boundaries.

General Repairs & Maintenance
Represents estimated costs for general repairs and maintenance of the District’s common areas.

Field Contingency
Represents funds allocated to expenses that the District could incur throughout the fiscal year that do not fit into any field category.

Water & Sewer
Represents estimated costs for water and refuse services provided for common areas throughout the District.

Sidewalk & Asphalt Maintenance
Represents the estimated costs of maintaining the sidewalks and asphalt throughout the District’s Boundary.
Hunt Club Grove
Community Development District Proposed Budget
Series 2024 Debt Service Fund

		Adopted Budget	Actuals Thru	Projected Next	Projected Thru	Proposed Budget	
	Description	FY2024	6/30/24	3 Months	9/30/24	FY2025	

Revenues							

Assessments	
$	-	$	-	$	-	$	-	$	391,793						
Carry Forward Surplus	$	-	$	-	$	-	$	-	$	146,952						
Total Revenues	$	-	$	-	$	-	$	-	$538,745						

Expenditures							
Interest - 12/15	$	-	$	-	$	-	$	-	$	146,952						
Principal - 6/15	$	-	$	-	$	-	$	-	$	80,000						
Interest - 6/15	$	-	$	-	$	-	$	-	$	155,596						
Total Expenditures	$	-	$	-	$	-	$	-	$	382,548						

Other Financing Sources/Uses							
Bond Proceeds	$	-	$	342,848	$	-	$	342,848	$	-				
Total Other Financing Sources/Uses	$	-	$	342,848	$	-	$	342,848	$	-				
							
Excess Revenues/(Expenditures)	$	-	$	342,848	$	-	$	342,848	$	156,196				
		
Interest Expense 12/15/25	
 $	153,656 				

Product	Assessable Units	Debt Service	Per Unit	Assessment Per	
Single Family 40	227	$	246,533	$1,086	$1,168	
Single Family 50	107	$	145,259	$1,358	$1,460	
	334	$	391,793			
Hunt Club Grove
Community Development District
Series 2024 Special Assessment Bonds

AMORTIZATION SCHEDULE

12/15/24	$	5,715,000.00	$	-	$	146,952.01	$	146,952.01	
06/15/25	$	5,715,000.00	$	80,000.00	$	155,596.25	$	-	
12/15/25	$	5,635,000.00	$	-	$	153,656.25	$	389,252.50	
06/15/26	$	5,635,000.00	$	85,000.00	$	153,656.25	$	-	
12/15/26	$	5,550,000.00	$	-	$	151,595.00	$	390,251.25	
06/15/27	$	5,550,000.00	$	90,000.00	$	151,595.00	$	-	
12/15/27	$	5,460,000.00	$	-	$	149,412.50	$	391,007.50	
06/15/28	$	5,460,000.00	$	95,000.00	$	149,412.50	$	-	
12/15/28	$	5,365,000.00	$	-	$	147,108.75	$	391,521.25	
06/15/29	$	5,365,000.00	$	100,000.00	$	147,108.75	$	-	
12/15/29	$	5,265,000.00	$	-	$	144,683.75	$	391,792.50	
06/15/30	$	5,265,000.00	$	100,000.00	$	144,683.75	$	-	
12/15/30	$	5,165,000.00	$	-	$	142,258.75	$	386,942.50	
06/15/31	$	5,165,000.00	$	105,000.00	$	142,258.75	$	-	
12/15/31	$	5,060,000.00	$	-	$	139,712.50	$	386,971.25	
06/15/32	$	5,060,000.00	$	115,000.00	$	139,712.50	$	-	
12/15/32	$	4,945,000.00	$	-	$	136,621.88	$	391,334.38	
06/15/33	$	4,945,000.00	$	120,000.00	$	136,621.88	$	-	
12/15/33	$	4,825,000.00	$	-	$	133,396.88	$	390,018.76	
06/15/34	$	4,825,000.00	$	125,000.00	$	133,396.88	$	-	
12/15/34	$	4,700,000.00	$	-	$	130,037.50	$	388,434.38	
06/15/35	$	4,700,000.00	$	135,000.00	$	130,037.50	$	-	
12/15/35	$	4,565,000.00	$	-	$	126,409.38	$	391,446.88	
06/15/36	$	4,565,000.00	$	140,000.00	$	126,409.38	$	-	
12/15/36	$	4,425,000.00	$	-	$	122,646.88	$	389,056.26	
06/15/37	$	4,425,000.00	$	150,000.00	$	122,646.88	$	-	
12/15/37	$	4,275,000.00	$	-	$	118,615.63	$	391,262.51	
06/15/38	$	4,275,000.00	$	155,000.00	$	118,615.63	$	-	
12/15/38	$	4,120,000.00	$	-	$	114,450.00	$	388,065.63	
06/15/39	$	4,120,000.00	$	165,000.00	$	114,450.00	$	-	
12/15/39	$	3,955,000.00	$	-	$	110,015.63	$	389,465.63	
06/15/40	$	3,955,000.00	$	175,000.00	$	110,015.63	$	-	
12/15/40	$	3,780,000.00	$	-	$	105,312.50	$	390,328.13	
06/15/41	$	3,780,000.00	$	185,000.00	$	105,312.50	$	-	
12/15/41	$	3,595,000.00	$	-	$	100,340.63	$	390,653.13	
06/15/42	$	3,595,000.00	$	195,000.00	$	100,340.63	$	-	
12/15/42	$	3,400,000.00	$	-	$	95,100.00	$	390,440.63	
06/15/43	$	3,400,000.00	$	205,000.00	$	95,100.00	$	-	
12/15/43	$	3,195,000.00	$	-	$	89,590.63	$	389,690.63	
06/15/44	$	3,195,000.00	$	215,000.00	$	89,590.63	$	-	
12/15/44	$	2,980,000.00	$	-	$	83,812.50	$	388,403.13	
06/15/45	$	2,980,000.00	$	230,000.00	$	83,812.50	$	-	
12/15/45	$	2,750,000.00	$	-	$	77,343.75	$	391,156.25	
06/15/46	$	2,750,000.00	$	240,000.00	$	77,343.75	$	-	
Hunt Club Grove
Community Development District
Series 2024 Special Assessment Bonds

AMORTIZATION SCHEDULE

12/15/46	$	2,510,000.00	$	-	$	70,593.75	$	387,937.50	
06/15/47	$	2,510,000.00	$	255,000.00	$	70,593.75	$	-	
12/15/47	$	2,255,000.00	$	-	$	63,421.88	$	389,015.63	
06/15/48	$	2,255,000.00	$	270,000.00	$	63,421.88	$	-	
12/15/48	$	1,985,000.00	$	-	$	55,828.13	$	389,250.01	
06/12/49	$	1,985,000.00	$	285,000.00	$	55,828.13	$	-	
12/15/49	$	1,700,000.00	$	-	$	47,812.50	$	388,640.63	
06/15/50	$	1,700,000.00	$	300,000.00	$	47,812.50	$	-	
12/15/50	$	1,400,000.00	$	-	$	39,375.00	$	387,187.50	
06/15/51	$	1,400,000.00	$	320,000.00	$	39,375.00	$	-	
12/15/51	$	1,080,000.00	$	-	$	30,375.00	$	389,750.00	
06/15/52	$	1,080,000.00	$	340,000.00	$	30,375.00	$	-	
12/15/52	$	740,000.00	$	-	$	20,812.50	$	391,187.50	
06/12/53	$	740,000.00	$	360,000.00	$	20,812.50	$	-	
12/15/53	$	380,000.00	$	-	$	10,687.50	$	391,500.00	
06/12/54	$	380,000.00	$	380,000.00	$	10,687.50	$	-	
12/15/54	$	-	$	-	$	-	$	390,687.50	

Parcel Id	Units	Type	O&M	Debt	Total	
283007000000032010						
283007000000032020						
283007000000033010						
283007000000034020						
283007000000034030						
283007000000042000						
283007000000044010						
283007940856001150	1	50	$929.31	$1,459.74	$2,389.05	
283007940856001160	1	50	$929.31	$1,459.74	$2,389.05	
283007940856001170	1	50	$929.31	$1,459.74	$2,389.05	
283007940856001180	1	50	$929.31	$1,459.74	$2,389.05	
283007940856001190	1	50	$929.31	$1,459.74	$2,389.05	
283007940856001200	1	50	$929.31	$1,459.74	$2,389.05	
283007940856001210	1	50	$929.31	$1,459.74	$2,389.05	
283007940856001220	1	50	$929.31	$1,459.74	$2,389.05	
283007940856001230	1	50	$929.31	$1,459.74	$2,389.05	
283007940856001240	1	50	$929.31	$1,459.74	$2,389.05	
283007940856001250	1	50	$929.31	$1,459.74	$2,389.05	
283007940856001260	1	50	$929.31	$1,459.74	$2,389.05	
283007940856001270	1	50	$929.31	$1,459.74	$2,389.05	
283007940856001280	1	50	$929.31	$1,459.74	$2,389.05	
283007940856001290	1	50	$929.31	$1,459.74	$2,389.05	
283007940856001300	1	50	$929.31	$1,459.74	$2,389.05	
283007940856001310	1	50	$929.31	$1,459.74	$2,389.05	
283007940856001320	1	50	$929.31	$1,459.74	$2,389.05	
283007940856001330	1	50	$929.31	$1,459.74	$2,389.05	
283007940856001340	1	50	$929.31	$1,459.74	$2,389.05	
283007940856001350	1	50	$929.31	$1,459.74	$2,389.05	
283007940856001360	1	50	$929.31	$1,459.74	$2,389.05	
283007940856001370	1	50	$929.31	$1,459.74	$2,389.05	
283007940856001380	1	50	$929.31	$1,459.74	$2,389.05	
283007940856001390	1	40	$929.31	$1,167.80	$2,097.11	
283007940856001400	1	40	$929.31	$1,167.80	$2,097.11	
283007940856001410	1	40	$929.31	$1,167.80	$2,097.11	
283007940856001420	1	40	$929.31	$1,167.80	$2,097.11	
283007940856001430	1	40	$929.31	$1,167.80	$2,097.11	
283007940856001440	1	40	$929.31	$1,167.80	$2,097.11	
283007940856001450	1	40	$929.31	$1,167.80	$2,097.11	
283007940856001460	1	40	$929.31	$1,167.80	$2,097.11	
283007940856001470	1	40	$929.31	$1,167.80	$2,097.11	
283007940856001480	1	40	$929.31	$1,167.80	$2,097.11	
283007940856001490	1	40	$929.31	$1,167.80	$2,097.11	
283007940856001500	1	40	$929.31	$1,167.80	$2,097.11	
283007940856001510	1	40	$929.31	$1,167.80	$2,097.11	
283007940856001520	1	40	$929.31	$1,167.80	$2,097.11	
283007940856001530	1	40	$929.31	$1,167.80	$2,097.11	
283007940856001540	1	40	$929.31	$1,167.80	$2,097.11	
283007940856001550	1	40	$929.31	$1,167.80	$2,097.11	
283007940856001560	1	40	$929.31	$1,167.80	$2,097.11	
283007940856001570	1	40	$929.31	$1,167.80	$2,097.11	
283007940856001580	1	40	$929.31	$1,167.80	$2,097.11	
Parcel Id	Units	Type	O&M	Debt	Total	
283007940856001590	1	40	$929.31	$1,167.80	$2,097.11	
283007940856001600	1	40	$929.31	$1,167.80	$2,097.11	
283007940856001610	1	40	$929.31	$1,167.80	$2,097.11	
283007940856001620	1	40	$929.31	$1,167.80	$2,097.11	
283007940856001630	1	40	$929.31	$1,167.80	$2,097.11	
283007940856001640	1	40	$929.31	$1,167.80	$2,097.11	
283007940856001650	1	40	$929.31	$1,167.80	$2,097.11	
283007940856001660	1	40	$929.31	$1,167.80	$2,097.11	
283007940856001670	1	40	$929.31	$1,167.80	$2,097.11	
283007940856001680	1	40	$929.31	$1,167.80	$2,097.11	
283007940856001690	1	40	$929.31	$1,167.80	$2,097.11	
283007940856001700	1	40	$929.31	$1,167.80	$2,097.11	
283007940856001710	1	40	$929.31	$1,167.80	$2,097.11	
283007940856001720	1	40	$929.31	$1,167.80	$2,097.11	
283007940856001730	1	40	$929.31	$1,167.80	$2,097.11	
283007940856001740	1	40	$929.31	$1,167.80	$2,097.11	
283007940856001750	1	40	$929.31	$1,167.80	$2,097.11	
283007940856001760	1	40	$929.31	$1,167.80	$2,097.11	
283007940856001770	1	40	$929.31	$1,167.80	$2,097.11	
283007940856001780	1	40	$929.31	$1,167.80	$2,097.11	
283007940856001790	1	40	$929.31	$1,167.80	$2,097.11	
283007940856001800	1	40	$929.31	$1,167.80	$2,097.11	
283007940856001810	1	40	$929.31	$1,167.80	$2,097.11	
283007940856001820	1	40	$929.31	$1,167.80	$2,097.11	
283007940856001830	1	40	$929.31	$1,167.80	$2,097.11	
283007940856001840	1	40	$929.31	$1,167.80	$2,097.11	
283007940856001850	1	40	$929.31	$1,167.80	$2,097.11	
283007940856001860	1	40	$929.31	$1,167.80	$2,097.11	
283007940856001870	1	40	$929.31	$1,167.80	$2,097.11	
283007940856001880	1	40	$929.31	$1,167.80	$2,097.11	
283007940856001890	1	40	$929.31	$1,167.80	$2,097.11	
283007940856001900	1	40	$929.31	$1,167.80	$2,097.11	
283007940856001910	1	40	$929.31	$1,167.80	$2,097.11	
283007940856001920	1	40	$929.31	$1,167.80	$2,097.11	
283007940856001930	1	40	$929.31	$1,167.80	$2,097.11	
283007940856001940	1	40	$929.31	$1,167.80	$2,097.11	
283007940856001950	1	40	$929.31	$1,167.80	$2,097.11	
283007940856001960	1	40	$929.31	$1,167.80	$2,097.11	
283007940856001970	1	40	$929.31	$1,167.80	$2,097.11	
283007940856001980	1	40	$929.31	$1,167.80	$2,097.11	
283007940856001990	1	40	$929.31	$1,167.80	$2,097.11	
283007940856002000	1	40	$929.31	$1,167.80	$2,097.11	
283007940856002010	1	40	$929.31	$1,167.80	$2,097.11	
283007940856002020	1	40	$929.31	$1,167.80	$2,097.11	
283007940856002030	1	40	$929.31	$1,167.80	$2,097.11	
283007940856002040	1	40	$929.31	$1,167.80	$2,097.11	
283007940856002050	1	40	$929.31	$1,167.80	$2,097.11	
283007940856002060	1	40	$929.31	$1,167.80	$2,097.11	
283007940856002070	1	40	$929.31	$1,167.80	$2,097.11	
283007940856002080	1	40	$929.31	$1,167.80	$2,097.11	
283007940856002090	1	40	$929.31	$1,167.80	$2,097.11	
283007940856002100	1	40	$929.31	$1,167.80	$2,097.11	
283007940856002110	1	40	$929.31	$1,167.80	$2,097.11	
283007940856002120	1	40	$929.31	$1,167.80	$2,097.11	
Parcel Id	Units	Type	O&M	Debt	Total	
283007940856002130	1	40	$929.31	$1,167.80	$2,097.11	
283007940856002140	1	40	$929.31	$1,167.80	$2,097.11	
283007940856002150	1	40	$929.31	$1,167.80	$2,097.11	
283007940856002160	1	40	$929.31	$1,167.80	$2,097.11	
283007940856002170	1	40	$929.31	$1,167.80	$2,097.11	
283007940856002180	1	40	$929.31	$1,167.80	$2,097.11	
283007940856002190	1	40	$929.31	$1,167.80	$2,097.11	
283007940856002200	1	40	$929.31	$1,167.80	$2,097.11	
283007940856002210	1	50	$929.31	$1,459.74	$2,389.05	
283007940856002220	1	50	$929.31	$1,459.74	$2,389.05	
283007940856002230	1	50	$929.31	$1,459.74	$2,389.05	
283007940856002240	1	50	$929.31	$1,459.74	$2,389.05	
283007940856002250	1	50	$929.31	$1,459.74	$2,389.05	
283007940856002260	1	50	$929.31	$1,459.74	$2,389.05	
283007940856002270	1	50	$929.31	$1,459.74	$2,389.05	
283007940856002280	1	50	$929.31	$1,459.74	$2,389.05	
283007940856002290	1	50	$929.31	$1,459.74	$2,389.05	
283007940856002300	1	50	$929.31	$1,459.74	$2,389.05	
283007940856002310	1	50	$929.31	$1,459.74	$2,389.05	
283007940856002320	1	50	$929.31	$1,459.74	$2,389.05	
283007940856002330	1	50	$929.31	$1,459.74	$2,389.05	
283007940856002340	1	50	$929.31	$1,459.74	$2,389.05	
283007940856002350	1	50	$929.31	$1,459.74	$2,389.05	
283007940856002360	1	50	$929.31	$1,459.74	$2,389.05	
283007940856002370	1	50	$929.31	$1,459.74	$2,389.05	
283007940856002380	1	50	$929.31	$1,459.74	$2,389.05	
283007940856002390	1	50	$929.31	$1,459.74	$2,389.05	
283007940856002400	1	50	$929.31	$1,459.74	$2,389.05	
283007940856002410	1	50	$929.31	$1,459.74	$2,389.05	
283007940856002420	1	50	$929.31	$1,459.74	$2,389.05	
283007940856002430	1	50	$929.31	$1,459.74	$2,389.05	
283007940856002440	1	50	$929.31	$1,459.74	$2,389.05	
283007940856002450	1	50	$929.31	$1,459.74	$2,389.05	
283007940856002460	1	50	$929.31	$1,459.74	$2,389.05	
283007940856002470	1	50	$929.31	$1,459.74	$2,389.05	
283007940856002480	1	50	$929.31	$1,459.74	$2,389.05	
283007940856002490	1	50	$929.31	$1,459.74	$2,389.05	
283007940856002500	1	50	$929.31	$1,459.74	$2,389.05	
283007940856002510	1	50	$929.31	$1,459.74	$2,389.05	
283007940856002520	1	50	$929.31	$1,459.74	$2,389.05	
283007940856002530	1	50	$929.31	$1,459.74	$2,389.05	
283007940856002540	1	50	$929.31	$1,459.74	$2,389.05	
283007940856002550	1	50	$929.31	$1,459.74	$2,389.05	
283007940856002560	1	50	$929.31	$1,459.74	$2,389.05	
283007940856002570	1	50	$929.31	$1,459.74	$2,389.05	
283007940856002580	1	50	$929.31	$1,459.74	$2,389.05	
283007940856002590	1	50	$929.31	$1,459.74	$2,389.05	
283007940856002600	1	50	$929.31	$1,459.74	$2,389.05	
283007940856002610	1	50	$929.31	$1,459.74	$2,389.05	
283007940856002620	1	50	$929.31	$1,459.74	$2,389.05	
283007940856002630	1	50	$929.31	$1,459.74	$2,389.05	
283007940856002640	1	50	$929.31	$1,459.74	$2,389.05	
283007940856002650	1	50	$929.31	$1,459.74	$2,389.05	
283007940856002660	1	50	$929.31	$1,459.74	$2,389.05	
Parcel Id	Units	Type	O&M	Debt	Total	
283007940856002670	1	50	$929.31	$1,459.74	$2,389.05	
283007940856002680	1	50	$929.31	$1,459.74	$2,389.05	
283007940856002690	1	50	$929.31	$1,459.74	$2,389.05	
283007940856002700	1	50	$929.31	$1,459.74	$2,389.05	
283007940856002710	1	50	$929.31	$1,459.74	$2,389.05	
283007940856002720	1	50	$929.31	$1,459.74	$2,389.05	
283007940856002730	1	50	$929.31	$1,459.74	$2,389.05	
283007940856002740	1	50	$929.31	$1,459.74	$2,389.05	
283007940856002750	1	50	$929.31	$1,459.74	$2,389.05	
283007940856002760	1	50	$929.31	$1,459.74	$2,389.05	
283007940856002770	1	50	$929.31	$1,459.74	$2,389.05	
283007940856002780	1	50	$929.31	$1,459.74	$2,389.05	
283007940856002790	1	50	$929.31	$1,459.74	$2,389.05	
283007940856002800	1	50	$929.31	$1,459.74	$2,389.05	
283007940856002810	1	50	$929.31	$1,459.74	$2,389.05	
283007940856002820	1	40	$929.31	$1,167.80	$2,097.11	
283007940856002830	1	40	$929.31	$1,167.80	$2,097.11	
283007940856002840	1	40	$929.31	$1,167.80	$2,097.11	
283007940856002850	1	40	$929.31	$1,167.80	$2,097.11	
283007940856002860	1	40	$929.31	$1,167.80	$2,097.11	
283007940856002870	1	40	$929.31	$1,167.80	$2,097.11	
283007940856002880	1	40	$929.31	$1,167.80	$2,097.11	
283007940856002890	1	40	$929.31	$1,167.80	$2,097.11	
283007940856002900	1	40	$929.31	$1,167.80	$2,097.11	
283007940856002910	1	40	$929.31	$1,167.80	$2,097.11	
283007940856002920	1	40	$929.31	$1,167.80	$2,097.11	
283007940856002930	1	40	$929.31	$1,167.80	$2,097.11	
283007940856002940	1	40	$929.31	$1,167.80	$2,097.11	
283007940856002950	1	40	$929.31	$1,167.80	$2,097.11	
283007940856002960	1	40	$929.31	$1,167.80	$2,097.11	
283007940856002970	1	40	$929.31	$1,167.80	$2,097.11	
283007940856002980	1	40	$929.31	$1,167.80	$2,097.11	
283007940856002990	1	40	$929.31	$1,167.80	$2,097.11	
283007940856003000	1	40	$929.31	$1,167.80	$2,097.11	
283007940856003010	1	40	$929.31	$1,167.80	$2,097.11	
283007940856003020	1	40	$929.31	$1,167.80	$2,097.11	
283007940856003030	1	40	$929.31	$1,167.80	$2,097.11	
283007940856003040	1	40	$929.31	$1,167.80	$2,097.11	
283007940856003050	1	40	$929.31	$1,167.80	$2,097.11	
283007940856003060	1	40	$929.31	$1,167.80	$2,097.11	
283007940856003070	1	40	$929.31	$1,167.80	$2,097.11	
283007940856003080	1	40	$929.31	$1,167.80	$2,097.11	
283007940856003090	1	40	$929.31	$1,167.80	$2,097.11	
283007940856003100	1	40	$929.31	$1,167.80	$2,097.11	
283007940856003110	1	40	$929.31	$1,167.80	$2,097.11	
283007940856003120	1	40	$929.31	$1,167.80	$2,097.11	
283007940856003130	1	40	$929.31	$1,167.80	$2,097.11	
283007940856003140	1	40	$929.31	$1,167.80	$2,097.11	
283007940856003150	1	40	$929.31	$1,167.80	$2,097.11	
283007940856003160	1	40	$929.31	$1,167.80	$2,097.11	
283007940856003170	1	40	$929.31	$1,167.80	$2,097.11	
283007940856003180	1	40	$929.31	$1,167.80	$2,097.11	
283007940856003190	1	40	$929.31	$1,167.80	$2,097.11	
283007940856003200	1	40	$929.31	$1,167.80	$2,097.11	
Parcel Id	Units	Type	O&M	Debt	Total	
283007940856003210	1	40	$929.31	$1,167.80	$2,097.11	
283007940856003220	1	40	$929.31	$1,167.80	$2,097.11	
283007940856003230	1	40	$929.31	$1,167.80	$2,097.11	
283007940856003240	1	40	$929.31	$1,167.80	$2,097.11	
283007940856003250	1	40	$929.31	$1,167.80	$2,097.11	
283007940856003260	1	40	$929.31	$1,167.80	$2,097.11	
283007940856003270	1	40	$929.31	$1,167.80	$2,097.11	
283007940856003280	1	40	$929.31	$1,167.80	$2,097.11	
283007940856003290	1	40	$929.31	$1,167.80	$2,097.11	
283007940856003300	1	40	$929.31	$1,167.80	$2,097.11	
283007940856003310	1	40	$929.31	$1,167.80	$2,097.11	
283007940856003320	1	40	$929.31	$1,167.80	$2,097.11	
283007940856003330	1	40	$929.31	$1,167.80	$2,097.11	
283007940856003340	1	40	$929.31	$1,167.80	$2,097.11	
283007940856003350	1	40	$929.31	$1,167.80	$2,097.11	
283007940856003360	1	40	$929.31	$1,167.80	$2,097.11	
283007940856003370	1	40	$929.31	$1,167.80	$2,097.11	
283007940856003380	1	40	$929.31	$1,167.80	$2,097.11	
283007940856003390	1	40	$929.31	$1,167.80	$2,097.11	
283007940856003400	1	40	$929.31	$1,167.80	$2,097.11	
283007940856003410	1	40	$929.31	$1,167.80	$2,097.11	
283007940856003420	1	40	$929.31	$1,167.80	$2,097.11	
283007940856003430	1	40	$929.31	$1,167.80	$2,097.11	
283007940856003440	1	40	$929.31	$1,167.80	$2,097.11	
283007940856003450	1	40	$929.31	$1,167.80	$2,097.11	
283007940856003460	1	40	$929.31	$1,167.80	$2,097.11	
283007940856003470	1	40	$929.31	$1,167.80	$2,097.11	
283007940856003480	1	40	$929.31	$1,167.80	$2,097.11	
283007940856003490	1	40	$929.31	$1,167.80	$2,097.11	
283007940856003500	1	40	$929.31	$1,167.80	$2,097.11	
283007940856003510	1	40	$929.31	$1,167.80	$2,097.11	
283007940856003520	1	40	$929.31	$1,167.80	$2,097.11	
283007940856003530	1	40	$929.31	$1,167.80	$2,097.11	
283007940856003540	1	40	$929.31	$1,167.80	$2,097.11	
283007940856003550	1	40	$929.31	$1,167.80	$2,097.11	
283007940856003560	1	40	$929.31	$1,167.80	$2,097.11	
283007940856003570	1	40	$929.31	$1,167.80	$2,097.11	
283007940856003580	1	40	$929.31	$1,167.80	$2,097.11	
283007940856003590	1	40	$929.31	$1,167.80	$2,097.11	
283007940856003600	1	40	$929.31	$1,167.80	$2,097.11	
283007940856003610	1	40	$929.31	$1,167.80	$2,097.11	
283007940856003620	1	40	$929.31	$1,167.80	$2,097.11	
283007940856003630	1	40	$929.31	$1,167.80	$2,097.11	
283007940856003640	1	40	$929.31	$1,167.80	$2,097.11	
283007940856003650	1	40	$929.31	$1,167.80	$2,097.11	
283007940856003660	1	40	$929.31	$1,167.80	$2,097.11	
283007940856003670	1	40	$929.31	$1,167.80	$2,097.11	
283007940856003680	1	40	$929.31	$1,167.80	$2,097.11	
283007940856003690	1	40	$929.31	$1,167.80	$2,097.11	
283007940856003700	1	40	$929.31	$1,167.80	$2,097.11	
283007940856003710	1	40	$929.31	$1,167.80	$2,097.11	
283007940856003720	1	40	$929.31	$1,167.80	$2,097.11	
283007940856003730	1	40	$929.31	$1,167.80	$2,097.11	
283007940856003740	1	40	$929.31	$1,167.80	$2,097.11	
Parcel Id	Units	Type	O&M	Debt	Total	
283007940856003750	1	40	$929.31	$1,167.80	$2,097.11	
283007940856003760	1	40	$929.31	$1,167.80	$2,097.11	
283007940856003770	1	40	$929.31	$1,167.80	$2,097.11	
283007940856003780	1	40	$929.31	$1,167.80	$2,097.11	
283007940856003790	1	40	$929.31	$1,167.80	$2,097.11	
283007940856003800	1	40	$929.31	$1,167.80	$2,097.11	
283007940856003810	1	40	$929.31	$1,167.80	$2,097.11	
283007940856003820	1	40	$929.31	$1,167.80	$2,097.11	
283007940856003830	1	40	$929.31	$1,167.80	$2,097.11	
283007940856003840	1	40	$929.31	$1,167.80	$2,097.11	
283007940856003850	1	40	$929.31	$1,167.80	$2,097.11	
283007940856003860	1	40	$929.31	$1,167.80	$2,097.11	
283007940856003870	1	40	$929.31	$1,167.80	$2,097.11	
283007940856003880	1	40	$929.31	$1,167.80	$2,097.11	
283007940856003890	1	40	$929.31	$1,167.80	$2,097.11	
283007940856003900	1	40	$929.31	$1,167.80	$2,097.11	
283007940856003910	1	40	$929.31	$1,167.80	$2,097.11	
283007940856003920	1	40	$929.31	$1,167.80	$2,097.11	
283007940856003930	1	40	$929.31	$1,167.80	$2,097.11	
283007940856003940	1	40	$929.31	$1,167.80	$2,097.11	
283007940856003950	1	40	$929.31	$1,167.80	$2,097.11	
283007940856003960	1	40	$929.31	$1,167.80	$2,097.11	
283007940856003970	1	40	$929.31	$1,167.80	$2,097.11	
283007940856003980	1	40	$929.31	$1,167.80	$2,097.11	
283007940856003990	1	40	$929.31	$1,167.80	$2,097.11	
283007940856004000	1	40	$929.31	$1,167.80	$2,097.11	
283007940856004010	1	40	$929.31	$1,167.80	$2,097.11	
283007940856004020	1	40	$929.31	$1,167.80	$2,097.11	
283007940856004030	1	40	$929.31	$1,167.80	$2,097.11	
283007940856004040	1	40	$929.31	$1,167.80	$2,097.11	
283007940856004050	1	40	$929.31	$1,167.80	$2,097.11	
283007940856004060	1	40	$929.31	$1,167.80	$2,097.11	
283007940856004070	1	40	$929.31	$1,167.80	$2,097.11	
283007940856004080	1	40	$929.31	$1,167.80	$2,097.11	
283007940856004090	1	40	$929.31	$1,167.80	$2,097.11	
283007940856004100	1	40	$929.31	$1,167.80	$2,097.11	
283007940856004110	1	40	$929.31	$1,167.80	$2,097.11	
283007940856004120	1	40	$929.31	$1,167.80	$2,097.11	
283007940856004130	1	40	$929.31	$1,167.80	$2,097.11	
283007940856004140	1	40	$929.31	$1,167.80	$2,097.11	
283007940856004150	1	40	$929.31	$1,167.80	$2,097.11	
283007940856004160	1	40	$929.31	$1,167.80	$2,097.11	
283007940856004170	1	40	$929.31	$1,167.80	$2,097.11	
283007940856004180	1	40	$929.31	$1,167.80	$2,097.11	
283007940856004190	1	40	$929.31	$1,167.80	$2,097.11	
283007940856004200	1	40	$929.31	$1,167.80	$2,097.11	
283007940856004210	1	40	$929.31	$1,167.80	$2,097.11	
283007940856004220	1	40	$929.31	$1,167.80	$2,097.11	
283007940856004230	1	40	$929.31	$1,167.80	$2,097.11	
283007940856004240	1	40	$929.31	$1,167.80	$2,097.11	
283007940856004250	1	40	$929.31	$1,167.80	$2,097.11	
283007940856004260	1	40	$929.31	$1,167.80	$2,097.11	
283007940856004270	1	50	$929.31	$1,459.74	$2,389.05	
283007940856004280	1	50	$929.31	$1,459.74	$2,389.05	
Parcel Id	Units	Type	O&M	Debt	Total	
283007940856004290	1	50	$929.31	$1,459.74	$2,389.05	
283007940856004300	1	50	$929.31	$1,459.74	$2,389.05	
283007940856004310	1	50	$929.31	$1,459.74	$2,389.05	
283007940856004320	1	50	$929.31	$1,459.74	$2,389.05	
283007940856004330	1	50	$929.31	$1,459.74	$2,389.05	
283007940856004340	1	50	$929.31	$1,459.74	$2,389.05	
283007940856004350	1	50	$929.31	$1,459.74	$2,389.05	
283007940856004360	1	50	$929.31	$1,459.74	$2,389.05	
283007940856004370	1	50	$929.31	$1,459.74	$2,389.05	
283007940856004380	1	50	$929.31	$1,459.74	$2,389.05	
283007940856004390	1	50	$929.31	$1,459.74	$2,389.05	
283007940856004400	1	50	$929.31	$1,459.74	$2,389.05	
283007940856004410	1	50	$929.31	$1,459.74	$2,389.05	
283007940856004420	1	50	$929.31	$1,459.74	$2,389.05	
283007940856004430	1	50	$929.31	$1,459.74	$2,389.05	
283007940856004440	1	50	$929.31	$1,459.74	$2,389.05	
283007940856004450	1	50	$929.31	$1,459.74	$2,389.05	
283007940856004460	1	50	$929.31	$1,459.74	$2,389.05	
283007940856004470	1	50	$929.31	$1,459.74	$2,389.05	
283007940856004480	1	50	$929.31	$1,459.74	$2,389.05	
283007940856004490						
283007940856004500						
283007940856004510						
283007940856004520						
283007940856004530						
283007940856004540						
283007940856004550						
283007940856004560						
283007940856004570						
283007940856004580						
283018000000031030						
283018000000033010						
Total Gross Onroll	334		$310,389.54	$421,282.78	$731,672.32	
						
Total Net Onroll			$288,662.27	$391,792.99	$680,455.26	

Direct Billing	
Acres					
283007000000032010	13.07		$8,328.36	$0.00	$8,328.36	
283007000000033010	5.25		$3,345.67	$0.00	$3,345.67	
283007000000034020	10.93		$6,968.84	$0.00	$6,968.84	
283007000000034030	20.88		$13,305.89	$0.00	$13,305.89	
283007000000042000	39.58		$25,224.27	$0.00	$25,224.27	
283007000000044010	39.34		$25,074.75	$0.00	$25,074.75	
283018000000031030	18.43		$11,746.88	$0.00	$11,746.88	
283018000000033010	6.23		$3,971.10	$0.00	$3,971.10	
Total Direct Gross	153.71		$97,965.76	$0.00	$97,965.76	
						
Total Direct Net			$91,108.16	$0.00	$91,108.16	
						
Total Gross Assessments			$408,355.30	$421,282.78	$829,638.08	
						
Total Net Assessments			$379,770.43	$391,792.99	$771,563.41	

Section VI
RESOLUTION 2024-42
A RESOLUTION OF THE BOARD OF SUPERVISORS OF HUNT CLUB GROVE COMMUNITY DEVELOPMENT DISTRICT ADOPTING THE ANNUAL MEETING SCHEDULE FOR THE FISCAL YEAR 2024/2025; AND PROVIDING FOR AN EFFECTIVE DATE.

Whereas, Hunt Club Grove Community Development District (the “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 Lake Wales, Polk County, Florida; and
Whereas, the District is required by Section 189.015, Florida Statutes, to file quarterly, semi-annually, or annually a schedule (including date, time, and location) of its regular meetings with local governing authorities; and

Whereas, further, in accordance with the above-referenced statute, the District shall also publish quarterly, semi-annually, or annually the District’s regular meeting schedule in a newspaper of general paid circulation in the county in which the District is located; and

WHEREAS, the Board desires to adopt the annual meeting schedule for the fiscal year beginning October 1, 2024, and ending September 30, 2025 (“Fiscal Year 2024/2025”), attached as Exhibit A.
NOW THEREFORE BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF HUNT CLUB GROVE COMMUNITY DEVELOPMENT DISTRICT:

SECTION 1.  The Fiscal Year 2024/2025 annual meeting schedule attached hereto and incorporated by reference herein as Exhibit A is hereby approved and shall be published in accordance with the requirements of Florida law and also provided to applicable governing authorities.

SECTION 2.   This Resolution shall become effective immediately upon its adoption.

Passed and adopted this 13th day of August, 2024.

ATTEST:	HUNT CLUB GROVE COMMUNITY DEVELOPMENT DISTRICT

Secretary / Assistant Secretary	Chairperson, Board of Supervisors
Exhibit A:	Fiscal Year 2024/2025 Annual Meeting Schedule
Exhibit A: Fiscal Year 2024/2025 Annual Meeting Schedule

BOARD OF SUPERVISORS MEETING DATES
HUNT CLUB GROVE COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2024/2025

The Board of Supervisors of Hunt Club Grove Community Development District will hold their regular meetings for the Fiscal Year 2024/2025 at 9:30 AM on the 2nd Tuesday of each month at the Lake Alfred Public Library, 245 N Seminole Ave., Lake Alfred, FL 33850, unless otherwise indicated as follows:

October 8, 2024
November 12, 2024
December 10, 2024
January 14, 2025
February 11, 2025
March 11, 2025
April 8, 2025
May 13, 2025
June 10, 2025
July 8, 2025
August 12, 2025
September 9, 2025
The meetings are open to the public and will be conducted in accordance with the provision of Florida Law for Community Development Districts. The meetings may be continued to a date, time, and place to be specified on the record at the meeting. A copy of the agenda for these meetings may be obtained from Governmental Management Services – Central Florida LLC, 219 E. Livingston Street, Orlando, Florida 32801 or by calling (407) 841-5524.
There may be occasions when one or more Supervisors or staff will participate by telephone. Pursuant to provisions of the Americans with Disabilities Act, any person requiring special accommodations at this meeting because of a disability or physical impairment should contact the District Office at (407) 841-5524 at least 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 Office.

A person who decides to appeal any decision made at the meeting with respect to any matter considered at the meeting is advised that 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 such appeal is to be based.
District Manager

Section VII

Memorandum
To: Board of Supervisors From: District Management Date: August 13, 2024
RE:	HB7013 – Special Districts Performance Measures and Standards

To enhance accountability and transparency, new regulations were established for all special districts, by the Florida Legislature, during their 2024 legislative session. Starting on October 1, 2024, or by the end of the ﬁrst full ﬁscal year after its creation (whichever comes later), each special district must establish goals and objectives for each program and activity, as well as develop performance measures and standards to assess the achievement of these goals and objectives. Additionally, by December 1 each year (initial report due on December 1, 2025), each special district is required to publish an annual report on its website, detailing the goals and objectives achieved, the performance measures and standards used, and any goals or objectives that were not achieved.
District Management has identiﬁed the following key categories to focus on for Fiscal Year 2025 and develop statutorily compliant goals for each:
Community Communication and Engagement
Infrastructure and Facilities Maintenance
Financial Transparency and Accountability
Additionally, special districts must provide an annual reporting form to share with the public that reﬂects whether the goals & objectives were met for the year. District Management has streamlined these requirements into a single document that meets both the statutory requirements for goal/objective setting and annual reporting.
The proposed goals/objectives and the annual reporting form are attached as exhibit A to this memo. District Management recommends that the Board of Supervisors adopt these goals and objectives to maintain compliance with HB7013 and further enhance their commitment to the accountability and transparency of the District.

Exhibit A:
Goals, Objectives and Annual Reporting Form
Hunt Club Grove Community Development District Performance Measures/Standards &
Annual Reporting Form
October 1, 2024 – September 30, 2025

 Community Communication and Engagement
Goal 1.1: Public Meetings Compliance
Objective: Hold at least three regular Board of Supervisor meetings per year to conduct CDD related business and discuss community needs.
Measurement: Number of public board meetings held annually as evidenced by meeting minutes and legal advertisements.
Standard: A minimum of three board meetings were held during the Fiscal Year.
Achieved: Yes ☐ No ☐

Goal 1.2: Notice of Meetings Compliance
Objective: Provide public notice of each meeting in accordance with Florida Statutes, using at least two communication methods.
Measurement: Timeliness and method of meeting notices as evidenced by posting to CDD website, publishing in local newspaper and via electronic communication.
Standard: 100% of meetings were advertised in accordance with Florida Statutes, on at least two mediums (i.e., newspaper, CDD website, electronic communications). Achieved: Yes ☐ No ☐

Goal 1.3: Access to Records Compliance
Objective: Ensure that meeting minutes and other public records are readily available and easily accessible to the public by completing monthly CDD website checks.
Measurement: Monthly website reviews will be completed to ensure meeting minutes and other public records are up to date as evidenced by District Management’s records.
Standard: 100% of monthly website checks were completed by District Management.
Achieved: Yes ☐ No ☐
 Infrastructure and Facilities Maintenance
Goal 2.1: Field Management and/or District Management Site Inspections
Objective: Field manager and/or district manager will conduct inspections per District Management services agreement to ensure safety and proper functioning of the District’s infrastructure.
Measurement: Field manager and/or district manager visits were successfully completed per management agreement as evidenced by ﬁeld manager and/or district manager’s reports, notes or other record keeping method.
Standard: 100% of site visits were successfully completed as described within district management services agreement
Achieved: Yes ☐ No ☐

Goal 2.2: District Infrastructure and Facilities Inspections
Objective: District Engineer will conduct an annual inspection of the District’s infrastructure and related systems.
Measurement: A minimum of one inspection completed per year as evidenced by district engineer’s report related to district’s infrastructure and related systems.
Standard: Minimum of one inspection was completed in the Fiscal Year by the district’s engineer.
Achieved: Yes ☐ No ☐
 Financial Transparency and Accountability
Goal 3.1: Annual Budget Preparation
Objective: Prepare and approve the annual proposed budget by June 15 and ﬁnal budget was adopted by September 30 each year.
Measurement: Proposed budget was approved by the Board before June 15 and ﬁnal budget was adopted by September 30 as evidenced by meeting minutes and budget documents listed on CDD website and/or within district records.
Standard: 100% of budget approval & adoption were completed by the statutory deadlines and posted to the CDD website.
Achieved: Yes ☐ No ☐
Goal 3.2: Financial Reports
Objective: Publish to the CDD website the most recent versions of the following documents: Annual audit, current ﬁscal year budget with any amendments, and most recent ﬁnancials within the latest agenda package.
Measurement: Annual audit, previous years’ budgets, and ﬁnancials are accessible to the public as evidenced by corresponding documents on the CDD’s website.
Standard: CDD website contains 100% of the following information: Most recent annual audit, most recent adopted/amended ﬁscal year budget, and most recent agenda package with updated ﬁnancials.
Achieved: Yes ☐ No ☐
Goal 3.3: Annual Financial Audit
Objective: Conduct an annual independent ﬁnancial audit per statutory requirements and publish the results to the CDD website for public inspection and transmit to the State of Florida.
Measurement: Timeliness of audit completion and publication as evidenced by meeting minutes showing board approval and annual audit is available on the CDD’s website and transmitted to the State of Florida.
Standard: Audit was completed by an independent auditing ﬁrm per statutory requirements and results were posted to the CDD website and transmitted to the State of Florida.
Achieved: Yes ☐ No ☐

Chair/Vice Chair:		Date:	 Print Name:	 
Hunt Club Grove Community Development District

District Manager:		Date:	 Print Name:	 
Hunt Club Grove Community Development District

Section VIII
Prepared by and return to: Mark A. Watts, Esq.
Cobb Cole
231 North Woodland Blvd. DeLand, Florida 32720
INSTR # 2024152841
BK 13175 Pgs 0764-0774 PG(s)11
07/02/2024 03:04:36 PM STACY M. BUTTERFIELD,
CLERK OF COURT POLK COUNTY
RECORBlfdB FEES 5.66
SPACE ABOVE THIS LINE IS FOR RECORDER'S USE ONLY

NOTICE OF PUBLIC FINANCING
HUNT CLUB GROVE COMMUNITY DEVELOPMENT DISTRICT

This Notice is recorded pursuant to the requirements of Section 190.009, Florida Statutes. The Hunt Club Grove Community Development District (the "District") is a local unit of special-purpose government of the State of Florida created in accordance with the Uniform Community Development District Act of 1980, Chapter 190, Florida Statutes, as amended, and established by the City Commission of the City of Lake Wales, Florida Ordinance No. 2023-01 enacted on January 27, 2023. The legal description of the Hunt Club Grove Community Development District boundaries is attached hereto and incorporated by reference herein as Exhibit "A". The land within the District currently consists of approximately 234.04 +/- acres. This Notice is relevant to the Assessment Area One Project, which is a part of the District, is subject of this Notice, has an area of 79.71 +/- acres, and is legally described on the attached Exhibit "B". The District financed a portion of the cost of infrastructure public improvements, including stormwater management, potable water, sanitary sewer and reuse utilities, roadways and street lighting, through the issuance of the Hunt Club Grove Community Development Special Assessment Bonds, Series 2024 (the "Series 2024 Bonds"). The cover page of the Limited Offering Memorandum with the maturity schedule for the Series 2024 Bonds of the District is attached hereto and incorporated by reference herein as Exhibit "C".

It is the District's responsibility to operate and maintain any improvements owned by the District, and the District may operate and maintain any improvements itself directly, or enter into agreements with other entities, such as Property Owner Associations (POAs), to operate and maintain District improvements. The District will pay for the operation and maintenance through an annual operation and maintenance assessment collected directly or on the Polk County Tax Bill or may enter into an agreement with the POAs to perform the operation and maintenance functions.

Should you have any questions regarding the Hunt Club Grove Community Development District or any information contained herein, contact the District Manager, Governmental Management Services - Central Florida, LLC at (407) 841-5524.

By:	--	- -	-
Jill m  urns, District Manager
Hurtt  lub Grove Community Development District

STATE OF FLORIDA	)
COUNTY OF O rargt	)

The foregoing instrument was acknowledged before me by means of hysical presence or □ online notarization this	day of_ JV.ne.  . 2024 by Jillian Burns as District Manager of the Hunt Club Grove Community Development District. She is personally known to me.

(SEAL)
?ignature ofNotary P.ublic
S'-'Ja.n ne ha.\\	
Printed Name ofNotary
EXHIBIT "A"
Legal Description
Hunt Club Grove CDD Boundaries
LEGAL DESCRIPTION
LEGAL DESCRIPTION PARCELi
THE NORTHEAST 1/4 THE OF NORTHWEST 1/4 OF SECTION 7, TOWNSHIP 30SOUTH, RANGE 28 EAST, POLK COUNTY, FLORIDA, LESS RIGHT OF WAY FOR STATE ROAD 60AS DESCRIBED BY THE FLORIDA DEPARTMENT OF TRANSPORTATIONIN MAP SECTION 16130-2515, LESS RIGHT OF WAY FOR LITTLE SINKHOLE ROAD AS SHOWN IN MAP BOOK 5, PAGE 289 OF THE PUBLIC RECORDS OF POLK COUNTY, FLORIDA, LESS RIGHT OF WAY FOR HAMLIN ROAD AS DESCRIBED IN OFFICIAL RECORDS BOOK 3409, PAGE 1474 OF THE PUBLIC RECORDS OF POLK COUNTY, FLORIDA, LESS RIGHT OF WAY FOR A FRONTAGE ROAD AS DESCRIBED IN OFFICIAL RECORDS BOOK 3.269, PAGE 407 OF THE PUBLIC RECORDS OF POLK COUNTY, FLORIDA, LESS RIGHT OF WAY FOR HUNT BROTHERS ROAD AS DESCRIBED IN MAP BOOK 5, PAGE 313 OF THE PUBLIC RECORDS OF POLK COUNTY, FLORIDA, LESS THOSE LANDS DESCRIBED IN THE PLAT OF EAST GATE PER PLAT BOOK 99, PAGE 38 OF THE PUBLIC RECORDS OF POLK COUNTY, FLORIDA AND LESS THOSE LANDS DESCRIBED IN OFFICIAL RECORDS BOOK 4205, PAGE 2102 OF THE PUBLIC RECORDS OF POLK COUNTY, FLORIDA.

AND

PARCEL2
THE NORTHWEST 1/4 OF THE SOUTHEAST 1/4 OF THE NORTHWEST 1/4 OF SECTION 7, TOWNSHIP 30 SOUTH, RANGE 28 EAST, POLK COUNTY, FLORIDA, LESS RIGHT OF WA'r FOR LITTLE SINKHOLE ROAD AS SHOWN IN MAP BOOK 5, PAGE 289 OF THE PUBLIC RECOROS OF POLK COUNTY, FLORIDA ANO LESS RIGHT OF WAY FOR HAMLIN ROAD AS OESCRIBED IN OFFICIAL RECOROS BOOK 3409, PAGE 14740F THE PUBLIC RECORDS OF POLK COUNTY, FLORIDA

AND

PAACEL3
THE SOUTHEAST 1/4 OF THE SOUTHEAST 1/4 OF THE NORTHWEST 1/4 OF SECTION 7, TOWNSHIP 30 SOUTH, RANGE 28 EAST, POLK COUNTY, FLORIDA, LESS RIGHT OF WAY FOR HUNT BROTHERS ROAD AS DESCRIBED IN MAP BOOK 5, PAGE 313 OF THE PUBLIC RECORDS OF POLK COUNTY, FLORIDA.

AND

THE NORTHEAST 1/4 OF THE SOUTHEAST 1/4 OF THE NORTHWEST 1/4 OF SECTION 7, TOWNSHIP 30 SOUTI-I, RANGE 28 EAST, POLK COUNTY, FLORIDA, LESS RIGHT OF WAY FOR HUNT BROTHERS ROAD AS DESCRIBED IN MAP BOOK 5, PAGE 313 OF THE PUBLIC RECORDS OF POLK COUNTY, FLORIDA.

AND

PARCEL4
THE SOUTHWEST 1/4 OF THE NORTHEAST 1/4 OF THE SOUTHWEST 1/4 OF SECTION 7, TOWNSHIP 30 SOUTH, RANGE 28 EAST, POLK COUNTY, FLORIDA, LESSTHE SOUTH 25 FEET FOR COUNTY ROAD RIGHT OF WAY

AND

PARCELS
THE SOUTHEAST 1/4 OF THE NORTHEAST 1/4 OF THE SOUTHWEST 1/4 OF SECTION 7, TOWNSHIP 30 SOUTH, RANGE 28 EAST, POLK COUNTY, FLORIDA, LESS THE SOUTH 25 FEET FOR COUNTY ROAD RIGHT OF WAY AND LESS RIGHT OF WAY FOR HUNT BROTHERS ROAD AS DESCRIBED IN MAP BOOK 5, PAGE 313 OF THE PUBLIC RECORDS OF POLK COUNTY, FLORIDA.

AND

PARCEL6
THE EAST 1/2 OF THE NORTHWEST 1/4 OF THE NORTHWEST 1/4 OF SECTION 7, TOWNSHIP 30 SOUTH, RANGE 28 EAST, POLK COUNTY, FLORIDA, LESS RIGHT OF WA'r FOR STATE ROAD60AS DESCRIBED BY THE FLORIDA DEPARTMENT OF TRANSPORTATION IN MAP SECTION 16130-2515, LESS RIGHT OF WAY FOR LITTLE SINKHOLE ROAD AS SHOWN IN MAP BOOK 5, PAGE 289 OF THE PUBLIC RECORDS OF POLK COUNTY, FLORIDA, LESS RIGHT OF WAY FOR HAMLIN ROAD AS DESCRIBED IN OFFICIAL RECORDS BOOK 3409, PAGE 1474 OF THE PUBLIC RECORDS OF POLK COUNTY, FLORIDA, LESS THE WEST 460 FEET THEREOF, LESS THOSE LANDS DESCRIBED IN THE PLAT OF THE MEADOWS OF LAKE WALES PER PLAT BOOK 103, PAGE 19 OF THE PUBLIC RECORDS OF POLK COUNTY, FLORIDA AND LESS THOSE LANDS DESCRIBED IN OFFICIAL RECORDS BOOK 9615, PAGE 107 OF THE PUBLIC RECORDS OF POLK COUNTY, FLORIDA.

AND

PARCEL?
THE NORTH 1/2 OF THE NORTHEAST 1/4 OF THE SOUTHWEST 1/4 OF SECTION 7, TOWNSHIP 30 SOUTH, RANGE 28 EAST, POLK COUNTY, FLORIDA, LESS RIGHT OF WAY FOR HUNT BROTHERS ROAD AS DESCRIBED IN MAP BOOK 5, PAGE 313 OF THE PUBLIC RECORDS OF POLK COUNTY, FLORIDA.

AND

PARCELS
THE SOUTHEAST 1/4 OF THE SOUTHWEST 1/4 OF THE NORTHWEST 1/4 OF SECTION 7, TOWNSHIP 30 SOUTH, RANGE 28 EAST, POLK COUNTY, FLORIDA, LESS RIGHT OF WAY FOR LITTLE SINKHOLE ROAD AS SHOWN IN MAP BOOK 5, PAGE 289 OF THE PUBLIC RECORDS OF POLK COUNTY, FLORIDA.

AND

PARCEL9
THE WEST 1/2 OF THE SOUTHWEST 1/4 OF THE NORTHWEST 1/4 OF SECTION 7, TOWNSHIP 30 SOUTH, RANGE 28 EAST, POLK COUNTY, FLORIDA, LESS RIGHT OF WAY FOR COUNTY ROAD 178 (A.KA. 11TH STREET) AS SI-IOWN IN MAP BOOK 7, PAGE 339 OF THE PUBLIC RECORDS OF POLK COUNTY, FLORIDA, LESS ADDITIONAL RIGHT OF WAY FOR SAID COUNTY ROAD 178 AS DESCRIBED IN OFFICIAL RECORDS BOOK 4492, PAGE 2207 OF THE PUBLIC RECORDS OF POLK COUNTY, FLORIDA AND LESS RIGHT OF WAY AS DESCRIBED IN OFFICIAL RECORDS BOOK 3409, PAGE 1474 OF THE PUBLIC RECORDS OF POLK COUNTY, FLORIDA,

AND

PARCEL 10
THE SOUTHWEST 1/4 OF THE SOUTHEAST 1/4 OF THE NORTHWEST 1/4 OF SECTION 7, TOWNSHIP 30 SOUTH, RANGE 28 EAST, POLK COUNTY, FLORIDA, LESS RIGHT OF WAY FOR LITTLE SINKHOLE ROAD AS SHOWN IN MAP BOOK 5, PAGE 289 OF THE PUBLIC RECORDS OF POLK COUNTY, FLORIDA AND LESS RIGHT OF WAY FOR HAMLIN ROAD AS DESCRIBED IN OFFICIAL RECORDS BOOK 3409, PAGE 14740F THE PUBLIC RECORDS OF POLK COUNTY, FLORIDA

AND

LESS AND EXCEPT THE FOLLOWING PUMP HOUSE PARCEL

A PORTION OF THE NW 1/4 OF SECTION 7, TOWNSHIP 30 SOUTH, RANGE 28 EAST, POLK COUNTY, FLORIDA, BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS:
COMMENCE ATTHE SE CORNER OF THE NE 1/40F SAID NW 1/4 OF SECTION 7, TOWNSHIP 30SOUTH, RANGE 28 EAST, THENCE NORTH OY06'13" WEST,ALONGTHE EAST LINE OF SAID NW 1/4, A DISTANCE OF 61.16 FEET; THENCE NORTH 89°58'58" WEST A DISTANCE OF 12.97 FEET TO A POINT ON THE WEST MAINTAINED RIGHT·OF·WAY LINE OF HUNT BROTHERS ROAD ACCORDING TO MAP BOOK 57, PAGE 313 OF THE PUBLIC RECORDS OF POLK COUNTY, FLORIDAANDTOAPOINTOF BEGINNING;THENCE SOUTH 00°40'36" EAST, ALONG SAID WEST MAINTAINED RIGHT-OF-WAY, A DISTANCE OF 82.52 FEET; THENCE SOUTH 88°32'36" WEST, ALONG THE SOUTH LINE AND THE EXTENSION OF A20.00 FOOT WIDE UTILITY EASEMENT AS RECORDED IN OFFICIAL RECORDS BOOK 7456, PAGE 17320F THE PUBLIC RECORDS OF POLK COUNTY, FLORIDA, A DISTANCE OF 57.86 FEET; THENCE NORTH 00°35'21" WEST, ALONG THE WEST LINE AND THE EXTENSION OF A 20.00 FOOT WIDE UTILITY EASEMENT AS RECORDED IN OFFICIAL RECORDS BOOK 7456, PAGE 1736 OF THE PUBLIC RECORDS OF POLK COUNTY, FLORIDA, A DISTANCE OF 84.01 FEET, THENCE SOUTH 89°58'58" EAST, ALONG THE NORTH LINE AND THE EXTENSION OF SAID 20.00 FOOT WIDE UTILITY EASEMENT AS RECORDED IN OFFICIAL RECORDS BOOK 7456, PAGE 1732 OF THE PUBLIC RECORDS OF POLK COUNTY, FLORIDA,A DISTANCE OF 57.73 FEET TO THE POINT OF BEGINNING.

CONTAINS 129 682 ACRES±

LEGAL DESCRIPTION

LEGAL DESCRIPTION

The land referred to herein below is situated in the County of Polk, State of Florida, and described as follows:

SE 1/4 of SW 1/4 AND SW 1/4 of SW 1/4, lying East of the Atlantic Coast Line Railroad right-of-way, LESS AND EXCEPT road rights-of-way, in Section 7, Township 30 South, Range 28 East, Polk County, Florida.

and

The West 1/2 of the Northeast 1/4 of the Northwest 1/4 of Section 18, Township 30 South, Range 28 East, Polk County, Florida. LESS right-of-way for the Atlantic Coast Line Railroad Company as described in a Deed recorded in Deed Book 101, Page 144, Public Records of Polk County, Florida.

and

That part of the Northwest 1/4 of the Northwest 1/4, of Section 18, Township 30 South, Range 28 East, Polk County, Florida, lying East of C.S.X. Transportation Inc. Railroad Right-of-Way together with any and all rights set forth in that certain easement dated July 5, 1996 and recorded July 30, 1996 in OR Book 3710, Page 2206, public records of Polk County, Florida.

BEING MORE PARTICULARLY DESCRIBED AS:

Commence at the Southeast corner of the Southwest 1/4 of Section 07, Township 30 South, Range 28 East also being the Northeast corner of the Northwest 1/4 of Section 18, Township 30 South, Range 28 East, Polk County, Florida thence South 88°38'01" West, along the South line of the Southwest 1/4 of said Section 07 and along the North line of the Northwest 1/4 of said Section 18, a distance of 672.84 feet to a POINT OF BEGINNING; thence South 00°38'13" East, along the East line of the West 1/2 of the Northeast 1/4 of the Northwest 1/4 of said Section 18, a distance of 1,324.58 feet to a point on the South line of said Northeast 1/4 of the Northwest 1/4 of said Section 18; thence South 88°42'48" West, along said South line of the Northeast 1/4 of the Northwest 1/4 of said Section 18, a distance of 170.51 feet to a point on the Easterly right-of-way line of CXS Transportation Incorporated and Florida Midland Railroad per Map V3F FLA-5; thence North 46°04'08" West, along said Easterly right-of-way line, a distance of 2,751.40 feet to a point on the East right-of-way line of State Road 17A per ORB 4467, PG 85 and MB 7, PG 339, of the Public Records of Polk county, Florida, also being County road 17B and 11th Street; thence along said East right-of-way line the following five (5) courses: North 01°45'57" East a distance of 24.67 feet; thence North 87°33'26" East a distance of 52.95 feet; thence North 00°31'32" West a distance of 100.01 feet; thence North 00°13'09" East, a distance of 42.12 feet; thence South 89°51'33" East a distance of 16.40 feet; thence North 00°08'27" East a distance of 508.21 feet to a point on the South right-of-way line of Post Salter Road per ORG 789, PG 17 of the Public Records of Polk County, Florida; thence North 88°36'40" East, along said South right-of-way line plus parallel to and
25.00 feet South of the North line of the South 1/2 of the Southwest 1/4 of said Section 07, a distance of 2,775.93 feet to a point on the West right-of-way line of Hunt Brothers Road per Map Book 57, PG 313 of the Public Records of Polk County, Florida; thence along said West right-of-way line the following ten (10) courses: South 00°49'28" East a distance of 47.71 feet; thence South 00°18'10" West a distance of 100.00 feet; thence South 00°16'13" East a distance of 100.00 feet; thence South 00°18'10" West a distance of 100.00 feet; thence South 00°16'13" East a distance of 100.00 feet; thence South 00°18'10" West a distance of 100.00 feet; thence South 00°50'36" East a distance of 100.00 feet; thence South 00°16'13" East a distance of 500.00 feet; thence South 01°24'58" East a distance of 100.02 feet; thence South 00°45'41" East a distance of 59.32 feet to a point on said South line of the Southwest 1/4 of said Section 07; thence South 88°38'01" West, along said South line of the Southwest 1/4 of said Section 07, a distance of 662.86 feet to the POINT OF BEGINNING.

Contains 104.359 Acres±							
	DAVE SCHMITT
ENGINEERING, INC.
12301 LAKE UNDERHILL ROAD
SUITE241
ORLANDO, FL 32828
407-207-&l>SS FAX407-207-9039				LEGAL DESCRIPTION
HUNT CLUB GROVE - SOUTH COD	DATE MAR 2022
PROJECT NO	
						ORAV'off BY PO	
						CHECKED BY OMS
SCALE NTS	
						SHEET 28	

EXHIBIT "B"
Assessment Area One Project Legal Description

LEGAL DESCRIPTION OF PROPERTY

PARCEL 1
A portion of the West 1/2 of Section 7, Township 30 South, Range 28 East, Polk County, Florida being more particularly described as follows:
BEGIN at the Southeast corner of the Southwest 1/4 of the Northwest 1/4 of Section 7, Township 30 South, Range 28 East, Polk County, Florida; thence run N88°29'27"E, a distance of 5.00 feet to a point on the East Maintained Right of Way line for HAMLIN STREET (also known as LITTLE SINKHOLE ROAD) as described in Map Book 5, Page 289 of the Public Records of Polk County, Florida; thence along said East Maintained Right of Way line the following thirteen (13) courses: run N00°46'55"W, a distance of 99.89 feet; thence run N02°29'58"W, a distance of 100.08 feet; thence run NOi 021' l 7"W, a distance of 100.02 feet; thence run N00°56'13"E, a distance of 100.02 feet; thence run N05°30'06"E, a distance of 100.50 feet; thence run N00°12'32"W, a distance of
100.00 feet; thence run N00°2 l'50"E, a distance of 100.00 feet; thence run N00°12'32"W, a distance of 100.00 feet; thence run N00°46'55"W, a distance of 100.00 feet; thence run N00°2 l '50"E, a distance of 100.00 feet; thence run N00°46'55"W, a distance of 100.00 feet; thence run N00°2 l '50"E, a distance of 200.01 feet; thence run N00°12'32"W, a distance of 1.43 feet; thence run N88°28'02"E, a distance of 18.69 feet to a point on the East Right of Way line of said HAMLIN STREET as described in Official Records Book 3409, Page 1474 of the Public Records of Polk County, Florida; thence run N00°13'57"W, along said East Right of Way line, a distance of 70.81 feet; thence run N89°46'28"E, a distance of 53.51 feet to the Point of Curvature of a curve concave to the South, having a Radius of 530.00 feet and a Central Angle of 17°06'58"; thence run Easterly along the arc of said curve, a distance of 158.33 feet (Chord Bearing= S81°40'03"E, Chord= 157.74 feet) to a point on a Non-Tangent curve, concave to the North, having a Radius of
470.00 feet and a Central Angle of 17°06'58"; thence run Easterly along the arc of said curve, a distance of 140.40 feet (Chord Bearing = S81°40'03"E, Chord = 139.88 feet) to the Point of
Tangency; thence run N89°46'28"E, a distance of 475.18 feet to the Point of Curvature of a curve concave to the North, having a Radius of 470.00 feet and a Central Angle of 17°52'10"; thence run Easterly along the arc of said curve, a distance of 146.58 feet (Chord Bearing = N80°50'23"E, Chord= 145.99 feet) to a Point of Reverse Curve, concave to the South, having a Radius of 130.00 feet and a Central Angle of 17°52'10"; thence run Easterly along the arc of said curve, a distance of 40.54 feet (Chord Bearing= N80°50'23"E, Chord= 40.38 feet) to the Point of Tangency; thence run N89°46'28"E, a distance of 47.74 feet to the Point of Curvature of a curve concave to the
Northwest, having a Radius of 17.00 feet and a Central Angle of 53°27'21"; thence run Northeasterly along the arc of said curve, a distance of 15.86 feet (Chord Bearing = N63°02'47"E,
Chord= 15.29 feet); thence run S45°13'32"E, a distance of 5.04 feet; thence run N89°46'28"E, a
distance of 59.55 feet to a point on a Non-Tangent curve, concave to the Northeast, having a Radius of 22.00 feet and a Central Angle of 51°31'30"; thence run Southeasterly along the arc of said curve, a distance of 19.78 feet (Chord Bearing= S64°27'47"E, Chord= 19.12 feet); thence run N89°46'28"E, a distance of 115.43 feet to the Point of Curvature of a curve concave to the North, having a Radius of25.00 feet and a Central Angle of 41°53'1l "; thence run Easterly along the arc of said curve, a distance of 18.28 feet (Chord Bearing= N68°49'52"E, Chord= 17.87 feet); thence run N88°32'36"E, a distance of 8.47 feet to a point on the West Maintained Right of Way line of HUNT BROTHERS ROAD as described in Map Book 5, Page 313 of the Public Records of Polk County, Florida; thence along said West Maintained Right of Way line the following twenty-five
(25) courses: run S00°40'46"E, a distance of 34.09 feet; thence run S00°27'59"W, a distance of
100.00 feet; thence run S00°06'24"E, a distance of 100.00 feet; thence run S00°27'59"W, a distance of 100.00 feet; thence run S00°06'24"E, a distance of 100.00 feet; thence run S00°27'59"W, a distance of 100.00 feet; thence run S00°40'46"E, a distance of 100.00 feet; thence run S00°27'59" W, a distance of 100.00 feet; thence run S00°40'46"E, a distance of l 00.00 feet; thence run S00°06'24"E, a distance of 100.00 feet; thence run S00°40'46"E, a distance of 100.00 feet; thence run S00°27'59"W, a distance of 100.00 feet; thence run S00°40'46"E, a distance of 100.00 feet; thence run S00°40'58"E, a distance of 100.02 feet; thence run SOI O l 9'09"E, a distance of
100.02 feet; thence run S00°10'24"E, a distance of l 00.00 feet; thence run S00°44'46"E, a distance of 100.00 feet; thence run S00°10'24"E, a distance of 100.00 feet; thence run S00°23'59"W, a distance of 200.01 feet; thence run S00°10'24"E, a distance of 200.00 feet; thence run S00°23'59"W, a distance of200.01 feet; thence run S00°10'24"E, a distance of 100.00 feet; thence run S00°44'46"E, a distance of 100.00 feet; thence run S00°10'24"E, a distance of 95.56 feet; thence run S00°23'51"E, a distance of 6.76 feet to a point on the North Right of Way line of POST SALTER ROAD as described in Official Records Book 789, Page 17 of the Public Records of Polk County, Florida; thence run S88°36'30"W, along said North Right of Way line a distance of 1,319.86 feet to a point on the West line of the Northeast 1/4 of the Southwest 1/4 of Section 7, Township 30 South, Range 28 East; thence run N00°06'28"W, along said West line, a distance of 1,304.40 feet to the POINT OF BEGINNING.
Containing 79.49 acres, more or less. PARCEL2
A portion of the Northwest 1/4 of Section 7, Township 30 South, Range 28 East, Polk County, Florida being more particularly described as follows:
Commence at the Southeast corner of the Southwest 1/4 of the Northwest 1/4 of Section 7, Township 30 South, Range 28 East, Polk County, Florida; thence run S88°40'13"W, a distance of
12.01 feet to a point on the West Maintained Right of Way line of HAMLIN STREET (also known as LITTLE SINKHOLE ROAD) as described in Map Book 5, Page 289 of the Public Records of Polk County, Florida and the POINT OF BEGINNING; thence along said West Maintained Right of Way line the following seven (7) courses: run N00°56'13"E, a distance of 100.25 feet; thence
run N06°29'10"W, a distance of 100.60 feet; thence run N00°21'50"E, a distance of 100.00 feet; thence run NOi02 l'l7"W, a distance of 100.02 feet; thence run N04°56'02"E, a distance of 100.40 feet; thence run N02°04'54"E, a distance of 100.08 feet; thence run NOi003'58"W, a distance of
66.85 feet; thence run S88°34'22"W, a distance of 19.72 feet; thence run S00°10'03"E, a distance of 667.01 feet to a point on the South line of the aforesaid Southwest 1/4 of the Northwest 1/4 of Section 7; thence run N88°40'13"E, a distance of 18.19 feet to the POINT OF BEGINNING.
Containing 9,692 square feet or 0.22 acres, more or less.
EXHIBIT "C"
Limiting Offering Memorandum Cover Page
NEW ISSUE - BOOK-ENTRY ONLY LIMITED OFFERING
NOT RATED
In the ,:;pinion ofGreenbe·1:q Trawig, P.A., Bond Cou11.sel, asswming the aceuracy ofce,tain representations and certificatio11.s of the Disllict and the Develaper (as such terms are herein diefmed) and continuing cc;m:pliancewith certain tax co-venants, under ex1.sting statutes, regulations, rulings and court decisions, interest on the Assessment Area One Bonds (as hereinafter defined) is exdudablefimn gross inc,:;meforfederal income tax pwposes andfwther, interest on the Assessment Area One Bonds will not be an item of tax preferencefor pwposes of the altemative minimwm tax imposed on individuals. In the case of the altemative minimwn tax imposed by Section 55(b)(2) of the lntemal Revenue Code of 1986, as a:mended (the "Code") on applicable co-iporatio11.s (as defined in Section 59(k) of the Code), interest on the Assessment Area One Bonds is not excludedfi·,:;m the dete,·mination of adfastedfinancial statement incame. See "TAX MATTERS" hereinfor a desc'liption of certain other federal tax con.sequences of ,:;wnership of the Assessment Area One Bonds. Bond Counsel is further of the ,:;pinion that the Assessment Area One Bonds and the incmne thereon a:re not subfect to taxation under the laws of the State of FZo-iida, except as to estate taxes and taxes under Chapter 220, FZo-iida Statutes, on interest, inc,:;me or profits on debt obligations awned by co-iporalions as defined in said Cha:pter 220. See "TAX MATTERS" herein.
$5,715,000
HUNT CLUB GROVE COMMUNITY DEVELOPMENT DISTRICT
(CITY OF LAKE WALES, FLORIDA) SPECIAL ASSESSMENT BONDS, SERIES 2024
(ASSESSMENT AREA ONE)
Dated: Date of Delivery	Due: June 15, as shown on the inside cover
The Hunt Club Grove Community Development District Special Assessment Bonds, Series 2024 (Assessment Area One) (the"Assessment Area One Bonds") are being issued by the Hunt Club Grove Community Development District (the "District" or "Issuer") only in fully registered form, without coupons, in denominations of $5,000 and any integral multiple thereof.
The District is a local unit of special purpose government of the State of Florida, created pursuant to the Uniform Community Development District Act of 1980, Chapter 190, Florida Statutes, as amended (the "Act"), and created by Ordinance No. 2023-01 adopted by the City Commission of the City of Lake Wales, Florida (the "City") on January 17, 2023 and became effective January 27, 2023. The District was created for the purpose of delivering certain community development senices and facilities for the benefit of certain District Lands (as hereinaJter defined), and haspreviously determined to ,mdertake the acquisition and/or construction of certain public improvements and community facilities as set forth in the Act for the special benefit of certain District Lands.
The Assessment Area One Bonds will bear interest at the fixed rates set forth on the inside cover, calculated on the basis of a 360-day year comprised of twelve 30-day months, payable semi-armually on each June 15 and December 15, commencing December 15, 2024. The Assessment Area One Bonds, when issued, will be registered in the name of Cede & Co., as registered owner andnominee for The Depository Trust Company ("DTC"), New York, New York Purchases of beneficial interests in the Assessment Area One Bonds will be made only in book-entry form. Accordingly, principal of and interest on the Assessment Area One Bonds will be paid from sources described below by U.S. Bank Trust Company, National Association, a national banking association duly organized and existing under the laws of the United States and having a designated corporate trust office in Fort Lauderdale, Florida, as trustee (the "Trustee"), directly to DTC or its nominee as the registered owner thereof. Disbursements of such payments to the Direct Participants (as hereinafter defined) is the responsibility of DTC and disbursements of such payments to the beneficial owners is the responsibility of the Direct Participants and the Indirect Participants (as hereinafter defined), as more fully described herein. Any purchaser of a beneficial interest in an Assessment Area One Bond must maintain an account with a broker or dealer who is, or acts through, a Direct Participant to receive payment of the principal of and interest on such Assessment Area One Bond. See "DESCRIPTION OF THE ASSESSMENT AREA ONE BONDS - Book-Entry Only System" herein.
The Assessment Area One Bonds are being issued by the District pursuant to the Act, Resolution No. 2024-26 and Resolution No. 2024-38 adopted by the Board of Supemsors of the District (the "Board") on November 2, 2023 and May 14, 2024, respectively, and a Master Trust Indenture dated as of June I, 2024 (the "Master Indenture"), as supplemented by aFirst Supplemental TrustIndenture dated as of June I, 2024 (the "First Supplemental Indenture" and, together with the Master Indenture, the "Indenture"), each by and between the District and the Trustee. Capitalized terms not defined herein shall have the meanings assigned to them in the Indenture. See "APPENDIX A: PROPOSED FORMS OF INDENTURE" herein.
Proceeds of the Assessment Area One Bonds will beused to provide funds (i) for the payment of the costs of acquiring and/or constructing aportion of the Assessment Area One Project (as hereinafter defined); (ii) tofund the Series 2024 Reserve Account in an amount equal to the initial Series 2024 Reserve Requirement; (iii) topay interest on the Assessment Area One Bonds through at least December 15, 2024 and (iv) to pay the costs of issuance of the Assessment Area One Bonds. See "THE CAPITAL IMPROVEMENT PLAN AND THE ASSESSMENT AREA ONE PROJECT" and "ESTIMATED SOURCES AND USES OF FUNDS" herein.
The Assessment Area One Bonds will be secured by a pledge of the Assessment Area One Pledged Revenues. "Assessment Area OnePledged Revenues" shall mean (a) all revenues received by the District from the Assessment Area One Special Assessments (as herein defined) levied and collected on the assessable lands within Assessment Area One within the District, including, without limitation, amounts received from any foreclosure proceeding for the enforcement of collection of such Assessment Area One Special Assessments or from the issuance and sale of tax certificates with respect to such Assessment Area One Special Assessments, and (b) all moneys on deposit in the Funds, Accounts and subaccounts established under the Indenture created and established with respect to or for the benefit of the Assessment Area One Bonds; provided, however, that Assessment Area One Pledged Revenues shall not include (A) any moneys transferred to the Series 2024 Rebate Fund and investment earnings thereon, (B) moneys on deposit in the Series 2024 Costs oflssuance Account of the Acquisition and Construction Fund, and (C) "special assessments" levied and collected by the District under Section 190.022 of the Act for maintenance purposes or "maintenance assessments" levied and collected by the District under Section 190.021(3) of the Act (it being expressly ,mderstood that the lien and pledge of the Indenture shall not apply to any of the moneys described in the foregoing clauses (A), (B) and (C) of this proviso). See "SECURITY FOR AND SOURCE OF PAYMENT OF THE ASSESSMENT AREA ONE BONDS" herein.
The Assessment Area One Bonds are subject to optional, mandatoiy sinking fund and extraordinary mandatory redemption at the times, in the amounts and at the redemption prices as more fully described herein. See "DESCRIPTION OF THE ASSESSMENT AREA ONE BONDS - Redemption Provisions" herein.
THE ASSESSMENT AREA ONE BONDS ARE LIMITED OBLIGATIONS OF THE DISTRICT PAYABLE SOLELY FROM THE ASSESSMENT AREA ONE PLEDGED REVENUES PLEDGED THEREFOR UNDER THE INDENTURE AND NEITHER THE PROPERTY, THE FULL FAITH AND CREDIT, NOR THE TAXING POWER OF THE DISTRICT, THE CITY, POLK COUNTY, FWRIDA (THE "COUNTY"), THE STATE OF FWRIDA (THE "STATE"), OR ANY OTHER POLITICAL SUBDIVISION THEREOF, IS PLEDGED AS SECURITY FOR THE PAYMENT OF THE ASSESSMENT AREA ONE BONDS, EXCEPT THAT THE DISTRICTIS OBLIGATED UNDER THE INDENTURE TO LEVY AND TO EVIDENCE AND CERTIFY, OR CAUSE TO BE CERTIFIED, FOR COLLECTION, ASSESSMENT AREA ONE SPECIAL ASSESSMENTS TO SECURE AND PAY THE ASSESSMENT AREA ONE BONDS. THE ASSESSMENT AREA ONE BONDS DO NOT CONSTITUTE AN INDEBTEDNESS OF THE DISTRICT, THE CITY, THE COUNTY, THE STATE, OR ANY OTHER POLITICAL SUBDMSION THEREOF WITHIN THE MEANING OF ANY CONSTITUTIONAL OR STATUTORY PROVISION OR LIMITATION.
The Assessment Area One Bonds involve a degree of risk (see "BONDOWNERS' RISKS" herein) and are not suitable for all investors (see "SUITABILITY FOR INVESTMENT" herein). The Underwriter named below is limiting this offering to "accredited investors" within the meaning of Chapter 517, Florida Statutes, and the rules of the Florida Department of Financial Services promulgated thereunder. The limitation of the initial offering to accredited investors does not denote restrictions on transfers in any secondary market for the Assessment Area One Bonds. The Assessment Area One Bonds are not credit enhanced or rated and no application has been made for credit enhancement or a rating with respect to the Assessment Area One Bonds.
This cover page contains information for quick reference only. It is not a summary of the Assessment Area One Bonds. Investors must read this entire Limited Offering Memorandum to obtain information essential to the making of an informed investment decision.
The initial sale of the Assessment Area One Bonds is subject to certain conditions precedent, including, without limitation, receipt of the opinion of Greenberg Traurig, P.A., West Palm Beach, Florida, Bond Counsel, as to the validity of the Assessment Area One Bonds and the excludability of interest on the Assessment Area One Bonds from gross income for federal income tax purposes. Certain legal matters will be passed upon for the District by its counsel, Cobb Cole, P.A., Deland, Florida, for the AG Landowner (as defined herein) by its counsel, Lewis, Longman & Walker, P.A., West Palm Beach, Florida, for the Developer (as defined herein) by its counsel, Greenberg Traurig, P.A., West Palm Beach, Florida, and for the Underwriter by its counsel, Squire Patton Boggs (US) LLP, Miami, Florida. It is expected that the Assessment Area One Bonds will be delivered in book-entiy form through the facilities of DTC on or about June 25, 2024.
&Mftd   Inc.
-Munlclpa 's;Jci:11s1a
Dated: June 5, 2024

Section IX
Docusign Envelope ID: 4B3E6571-8B27-4363-B0B6-1B56E51D7217

UNIFORM COLLECTION AGREEMENT
DISTRICT

THIS AGREEMENT made and entered into this	25th	day of,	July		_2_0_2_4	_ by and between	Hunt Club Grove Community Development District		("District"), whose address is		219 E. Livingston Street, Orlando, FL 32801
and the Honorable Joe G. Tedder, State Constitutional Tax Collector in and for the Polk County Political Subdivision, whose address is Polk County Tax Collectors Office, P.O. Box 1189, Bartow, Florida 33831-1189 ("Tax Collector").
SECTION I
Findings and Determinations The parties find and determine:
District is authorized to impose and levy, and by appropriate Resolution has expressed its intent to use the statutory uniform methodology of collection for, certain non-ad
valorem special assessments for  Hunt Club Grove CDD	as authorized by constitutional and statutory municipal home rule and by section 197.3632, Florida Statutes (2012) and Rule 12D-18, Florida Administrative Code.
The term "Assessments" means those certain levies by the District which purport to constitute non-ad valorem special assessments for  Hunt Club Grove CDD
improvements and related systems, facilities and services pursuant to  Ordinance 2023-01
a non-ad valorem special assessment is lienable under Section 4, Article X, Florida Constitution, if it results in a special benefit peculiar to the parcels of property involved, over and above general community benefit, as a result of a logical connection to the property involved from the system, facility and service provided by the District and if it is apportioned to the property fairly and reasonably.
The uniform statutory collection methodology is provided in section 197.3632, Florida Statutes, and Rule 12D-18, Florida Administrative Code ("uniform methodology"), with its enforcement provisions, including the use of tax certificates and tax deeds for enforcing against any delinquencies; and
The uniform methodology is more fair to the delinquent property owner than traditional lien foreclosure methodology.
The uniform methodology provides for more efficiency of collection by virtue of the Assessment being on the official tax notice issued by the Tax Collector which will produce positive economic benefits to the District and its citizens; and
The uniform methodology, through use of the official tax notice, will tend to eliminate confusion.
Docusign Envelope ID: 4B3E6571-8B27-4363-B0B6-1B56E5107217

The Tax Collector, as the State Constitutional Officer for the county political subdivision, charged by general law in Chapter 197, Florida Statutes, and related rules and regulations, to function as the agent of the Florida Department of Revenue for purposes of the uniform methodology for the Assessments.
The sole and exclusive responsibility to determine, impose and levy the Assessments and to determine that it is a legal, constitutional and lienable non-ad valorem special assessment for	Hunt Club Grove CDD	and related systems, facilities and services
is that of the District and no other person, entity or officer.

SECTION II
Applicable Law and Regulations

Section 2, Article VIII, Florida Constitution; Chapter 170, Florida Statutes; sections 197.3631, 3632 and 3635, Florida Statutes; Rule 12D-18, Florida Administrative Code; and all other applicable provisions of constitutional and statutory law, govern the exercise by the District of its local self-government power to render and pay for municipal services.
Section l(d), Article VIII, Florida Constitution; Chapter 197, Florida and other applicable provisions of constitutional and statutory law apply to Tax Collector in his capacity as a state constitutional county officer and agent of the Florida Department of Revenue for purpose the of collecting and enforcing the collection of non-ad valorem special assessments levied by District.

Section 197.3631, Florida Statutes, constitutes supplemental authority for District to levy non-ad valorem assessments including such non-ad valorem special assessments as the "Assessments" for	Hunt Club Grove CDD	and related systems, facilities and services.

Section 197.3632, Florida Statutes, and Rule 12D-18, Florida Administrative Code, have provisions that apply both to District and to Tax Collector, as well as, to the Department of Revenue and the Property Appraiser in and for the county.

SECTION III

Purpose

The purpose of this Agreement under Rule 12D-18, Florida Administrative Code, is to establish the terms and conditions under which the Tax Collector shall collect and enforce the collection of those certain non-ad valorem special assessments, the "Assessments," levied by District to include compensation by District to the Tax Collector for actual costs of collection pursuant to section 197.3632(8)(c), Florida Statutes; payment by District of any costs involved in separate mailings because of non-merger of any non-ad valorem special assessment roll as certified by the Chair of the Board of	Hunt Club Grove Community Development District
Docusign Envelope ID: 4B3E6571-8B27-4363-B0B6-1B56E51D7217

or his or her designee, pursuant to section 197.3632(7), Florida Statutes; and reimbursement by District for necessary administrative costs, including, but not limited to, those costs associated with personnel, forms, supplies, data processing, computer equipment, postage and programming which attend all of the collection and enforcement duties imposed upon the Tax Collector by the uniform methodology, as provided in section 197.3632(2), Florida Statutes.

SECTION IV

Term
The term of this Agreement shall commence upon execution, effective for	2024	tax notice purposes, and shall continue and extend uninterrupted from year-to-year, automatically renewed for successive periods not to exceed one (1) year each, unless District shall inform the Tax Collector, as well as Property Appraiser and the Department of Revenue, by 10 January of each calendar year, if District intends to discontinue to use the uniform methodology for such Assessments pursuant to section 197.3632(6), Florida Statutes (2012) and Rule 12D-18.006(3), Florida Administrative Code, using form DR-412 promulgated by the Florida Department of Revenue.
SECTIONV

Duties and Responsibilities of Distri.ct District agrees, covenants and contracts to:
Compensate the Tax Collector for collections on behalf of the special assessment district in the amount of two percent (2%) on the balance pursuant to section 192.091(2)(b), Florida Statutes and 12D-18.004(2), Florida Administrative Code. The Authority agrees the 2% will be deducted from the balance at the time of each distribution.
Reimburse Tax Collector for necessary administrative costs for the collection and enforcement of the Assessment by the Tax Collector under the uniform methodology, pursuant to section 197.3632(2), Florida Statutes, and Rule 12D-18.004(2), Florida Administrative Code, to include, but not be limited to, those costs associated with personnel, forms, supplies, data processing, computer equipment, postage and programming.

To pay for or alternatively to reimburse the Tax Collector for any separate tax notice necessitated by the inability of the Tax Collector to merge the non-ad valorem special assessment roll certified by District pursuant to section 197.3632(7), Florida Statutes and Rule 12D-18.004(2) Florida Administrative Code.
District upon being timely billed shall pay directly for necessary advertising relating to implementation of the uniform non-ad valorem special assessment law pursuant to sections 197.3632 and 197.3635, Florida Statutes, and Rule 12D-18.004(2), Florida Administrative Code.
Docusign Envelope ID: 4B3E6571-8B27-4363-B0B6-1B56E51D7217

By 15 September of each calendar year, the Chair of the
	Hunt Club Grove Community Development District	   of the District, or his or her designee, shall certify, using DR Form 408 to the Tax Collector the non-ad valorem assessment ("Assessment") roll on compatible electronic medium, tied to the property parcel identification number, and otherwise in conformance with the ad valorem tax rolls submitted by the Property Appraiser in July to the Department of Revenue. District or its agent on behalf of District shall post the non-ad valorem special assessment for each parcel on the said non­ ad valorem assessment roll and shall exercise its responsibility that such non-ad valorem assessment roll be free of errors and omissions. Section 197.3632(10), Florida Statutes, and Rule 12D-l 8.006, Florida Administrative Code.
District agrees to abide by and implement its duties under the uniform law pursuant to all the provisions of sections 197.3632 and 197.3635, Florida Statutes, or its successor of statutory provisions and all applicable rules promulgated by the Department of Revenue and their successor rules.
District acknowledges that the Tax Collector has no duty, authority or responsibility in the imposition and levy of any non-ad valorem special assessments, including the District's "Assessment" and that it is the sole responsibility and duty of District to follow all procedural and substantive requirements for the levy and imposition of constitutionally lienable non-ad valorem special assessments, including the Assessments.
District shall indemnify and hold harmless Tax Collector to the extent of any legal action which may be filed in local, state or federal courts against Tax Collector regarding the imposition, levy, roll preparation and certification of the Assessments; District shall pay for or reimburse Tax Collector for fees for legal services rendered to Tax Collector with regard to any such legal action. Nothing herein shall be deemed or construed as a waiver of sovereign immunity by the Tax Collector or the District, and the parties shall have and maintain at all times and for all purposes any and all rights, immunities and protections available under controlling legal precedent as provided under Section 768.28, Florida Statute, or its successor and as provided under other applicable law.

SECTION VI
Duties of the Tax Collector
The Tax Collector shall merge timely the legally certified "Assessment" roll of the District with all non-ad valorem assessment rolls, merge said rolls with the tax roll, prepare a collection roll and prepare a combined notice (the tax notice) for both ad valorem taxes and non­ ad valorem special assessments for all levying authorities within the county political subdivision, pursuant to sections 197.3632 and 197.3635, Florida Statutes, and its successor provisions, and any applicable rules, and their successor rules, promulgated by the Department of Revenue, and in accordance with any specific ordinances or resolutions adopted by district, so long as said ordinances and resolutions shall themselves each and every one clearly state intent to use the uniform method for collecting such assessments and so long as they are further not inconsistent
Docusign Envelope ID: 483E6571-8827-4363-B0B6-1B56E51O7217

with, or contrary to, the provisions of sections 197.3632 and 197.3635, Florida Statutes, and their successor provisions, and any applicable rules.

Tax Collector shall collect the Assessments of District as certified by the Chair of the Hunt Club Grove Community Development District  or his or her designee, to the Tax Collector no later than 15 September of each calendar year on compatible electronic medium, tied to the property identification number for each parcel, and in the format used in July by the Property Appraiser for the ad valorem rolls submitted to the Department of Revenue, using, DR Form 408, and free of errors or omissions.

The Tax Collector agrees to cooperate with District in implementation of the uniform methodology for collecting Assessments pursuant to sections 197.3632 and 197.3635, Florida Statutes, and any successor provisions and applicable rules. The Tax Collector shall not accept any non-ad valorem assessment roll for the Assessments of District that is not officially, timely and legally certified to the Tax Collector pursuant to Chapter 197, Florida Statutes, and Rule l 2D-18, Florida Administrative Code.

If the Tax Collector discovers errors or omissions on such roll, Tax Collector may request District to file a corrected roll or a correction of the amount of any assessment and District shall bear the cost of any such error or omission.

If Tax Collector determines that a separate mailing is authorized pursuant to section 197.3632(7), Florida Statutes, and any applicable rules promulgated by the Department of Revenue, and any successor provision to said law or rules, the Tax Collector shall either mail a separate notice of the particular non-ad valorem special assessment ("Assessment") or shall direct District to mail such a separate notice. In making this decision, the Tax Collector shall consider all costs to District and to the taxpayers of such a separate mailing as well as the adverse effect to the taxpayers of delay in multiple notices. If such a separate mailing is effected, District shall bear all costs associated with the separate notice for the non-ad valorem special assessment that could not be merged, upon timely billing by the Tax Collector.

SECTION VII
Entire Agreement
The parties shall perform all their obligations under this agreement in accordance with good faith and prudent practice.

This agreement constitutes the entire agreement between the parties with respect to the subject matter contained herein and may not be amended, modified or rescinded, unless otherwise provided in this Agreement, except in writing and signed by all the parties hereto. Should any provision of this Agreement be declared to be invalid, the remaining provisions of this Agreement shall remain in full force and effect, unless such provision found to be invalid alter substantially the benefits of the Agreement for either of the parties or renders the statutory and regulatory obligations unperformable.
Docusign Envelope ID: 483E6571-8827-4363-B0B6-1856E51D7217

This Agreement shall be governed by the laws of the State of Florida.

Written notice shall be given to the parties at the following addresses, or such other place or person as each of the parties shall designate by similar notice:

As to Tax Collector:	Address

As to District:	Address
Joe G. Tedder
P.O. Box 1189
Bartow, FL 33831-1189
Hunt Club Grove Community Development District 219 E. Livingston Street
Orlando, FL 32801

IN WITNESS WHEREOF, the parties have hereunto set their hands and seals and such of them as are corporations have caused these presents to be signed by their duly authorized officers.

POLK COUNTY TAX COLLECTOR

Date:
By:
	Joe G. Tedder	 Printed Name
	-, - aC\ - o?O L\

		By: 	
Printed Name

ATTEST:
GDocuSlgne.d by:
	 i= =P=-A-= '-'--F4 C=F D=2! 4=8=9 		By:	J_il_l_B_u_m_ s	
Printed Name
As authorized for execution by the District	Manager for ratification at its August 13, 2024 regular meeting.
of Hunt Club Grove CDD

Section X

Section C

Section 1
Hunt Club Grove
Community Development District

Funding Request #6
May 14, 2024

Bill to:	Lennar Homes

General Fund FY2024

1	Governmental Management Services
Invoice# 8 - Management Fees - May 2024

$	3,586.70

$	3,586.70

	Total:	$	3,586.70 
Hunt Club Grove
Community Development District

Funding Request #7
May 30, 2024

Bill to:	Lennar Homes, LLC

General Fund FY2024

1	Supervisor Fees - 05/14/24 meeting		
	Adam Morgan	$	215.30	
	Rob Bonin	$	215.30	
	Barry Bichard	$	215.30	
	Kayla Word	$	215.30	
	Brent Kewley	$	215.30	

 Total:	$	1,076.50 

Please make check payable to:

Hunt Club Grove Community Development District
6200 Lee Vista Blvd, Suite 300 Orlando, FL 32822
Hunt Club Grove
Community Development District

Funding Request #8
June 13, 2024

Bill to:	Lennar Homes, LLC

General Fund FY2024

1	Gannett Media Corp - Gannett Florida Local IQ
Invoice # 0006463824 - Legal Advertising	
$	416.73	
2	Governmental Management Services
Invoice # 9 - Management Fees - June 2024	
$	3,587.18	

	Total:	$	4,003.91 

Please make check payable to:

Hunt Club Grove Community Development District
6200 Lee Vista Blvd, Suite 300 Orlando, FL 32822

Section 2
Hunt Club Grove
Community Development District

Funding Request #9
July 12, 2024

Bill to:	Lennar Homes, LLC

General Fund FY2024

1	Gannett Media Corp - Gannett Florida Local IQ
Invoice # 0006523346 - Legal Advertising	
$	378.41	
2	Governmental Management Services
Invoice # 11 - Management Fees - July 2024	
$	3,584.00	

	Total:	$	3,962.41 

Please make check payable to:

Hunt Club Grove Community Development District
6200 Lee Vista Blvd, Suite 300 Orlando, FL 32822

Section 3

Hunt Club Grove
Community Development District

Unaudited Financial Reporting
June 30, 2024

Table of Contents

	Balance Sheet

	General Fund

	Series 2024 Debt Service Fund

	Series 2024 Capital Projects Fund

	Month to Month

	Long Term Debt Report
Hunt Club Grove
Community Development District Combined Balance Sheet
June 30, 2024

Assets:
Cash:
Operating Cash - 5374	

$	11,215	

$	

-	$	

-	$	11,215	
Due from Developer Investments:
Series 2024	$	4,004	$	-	$	-	$	4,004	
Construction	$	-	$	-	$	5,028,239	$	5,028,239		
Cost of Issuance	$	-	$	-	$	(150)	$	(150)		
Interest	$	-	$	146,952	$	-	$	146,952		
Reserve	$	-	$	195,896	$	-	$	195,896		
Total Assets	$	15,219	$	342,848	$	5,028,089	$	5,386,156				
Liabilities:
Accounts Payable	

$	4,516	$	-	$	-	$	4,516				
Total Liabilites	$	4,516	$	-	$	-	$	4,516				

Fund Balance:
Restricted:
Series 2024 Capital Projects Fund	

$	-	$	-	$	5,028,089	$	5,028,089				
Series 2024 Debt Service Fund	$	-	$	342,848	$	-	$	342,848				
Unassigned	$	10,702	$	-	$	-	$	10,702				
Total Fund Balances	$	10,702	$	342,848	$	5,028,089	$	5,381,640	
					
Total Liabilities & Fund Balance	$	15,219	$	342,848	$	5,028,089	$	5,386,156	
Hunt Club Grove
Community Development District General Fund
Statement of Revenues, Expenditures, and Changes in Fund Balance
For The Period Ending June 30, 2024

	Adopted	Prorated Budget	Actual		
	Budget	Thru 06/30/24	Thru 06/30/24	Variance	

Revenues:					
Developer Contributions	$	176,850	$	71,753	$	71,753	$	-	
Total Revenues	$	176,850	$	71,753	$	71,753	$	-	

Expenditures:					
General & Administrative:					
Supervisor Fees	$	12,000	$	9,000	$	3,600	$	5,400	
FICA Expenditures	$	-	$	-	$	275	$	(275)	
Engineering	$	15,000	$	11,250	$	-	$	11,250	
Attorney	$	25,000	$	18,750	$	-	$	18,750	
Arbitrage	$	450	$	450	$	-	$	450	
Dissemination	$	5,000	$	5,000	$	-	$	5,000	
Trustee Fees	$	3,600	$	3,600	$	-	$	3,600	
Management Fees	$	40,000	$	30,000	$	30,000	$	-	
Information Technology	$	1,800	$	1,350	$	1,350	$	-	
Website Maintenance	$	1,200	$	900	$	2,650	$	(1,750)	
Postage & Delivery	$	1,000	$	750	$	144	$	606	
Insurance	$	5,000	$	5,000	$	3,740	$	1,260	
Printing & Binding	$	1,000	$	750	$	-	$	750	
Legal Advertising	$	10,000	$	10,000	$	18,776	$	(8,776)	
Other Current Charges	$	5,000	$	3,750	$	179	$	3,571	
Office Supplies	$	625	$	469	$	11	$	457	
Dues, Licenses & Subscriptions	$	175	$	175	$	200	$	(25)	
Total General & Administrative	$	126,850	$	101,194	$	60,926	$	40,268	

Operations & Maintenance					

Field Contingency	
$	50,000	
$	-	$	-	$	
-		
Total Operations & Maintenance	$	50,000	$	-	$	-	$	-		

Excess (Deficiency) of Revenues over Expenditures	$	-	$	10,827	
			
Fund Balance - Beginning	$	-	$	(125)	
			
Fund Balance - Ending	$	-	$	10,702	
Hunt Club Grove
Community Development District Series 2024 - Debt Service Fund
Statement of Revenues, Expenditures, and Changes in Fund Balance
For The Period Ending June 30, 2024

	Adopted	Prorated Budget	Actual			
		Budget	Thru 06/30/24	Thru 06/30/24	Variance	

Revenues:					
Interest	$		-	$	-	$	-	$	-	
Total Revenues	$		-	$	-	$	-	$	-	

Expenditures:					
Interest - 12/15 Principal - 6/15 Interest - 6/15	$
$
$		-	$	-	$	-
-	$	-	$	-
-	$	-	$	-	$	-
$	-
$	-	
Total Expenditures	$		-	$	-	$	-	$	-	
					
Excess (Deficiency) of Revenues over Expenditures	$		-	$	-		

Other Financing Sources/(Uses)					
Bond Proceeds	$		-	$	-	$	342,848	$	342,848	
Total Other Financing Sources (Uses)	$		-	$	-	$	342,848	$	342,848	
					
Net Change in Fund Balance	$		-	$	342,848		
					
Fund Balance - Beginning	$		-	$	-		
					
Fund Balance - Ending	$		-	$	342,848		
Hunt Club Grove
Community Development District Series 2024 - Capital Projects Fund
Statement of Revenues, Expenditures, and Changes in Fund Balance
For The Period Ending June 30, 2024

		Adopted	Prorated Budget	Actual		
		Budget	Thru 06/30/24	Thru 06/30/24	Variance	

Revenues:

Interest	

$		

-	$	-	$	-	

$	-	
Total Revenues	$		-	$	-	$	-	$	-	

Expenditures:

Capital Outlay - COI	

$		

-	$	-	$	344,063	

$	(344,063)	
Total Expenditures	$		-	$	-	$	344,063	$	(344,063)	
					
Excess (Deficiency) of Revenues over Expenditures	$		-	$	(344,063)		

Other Financing Sources/(Uses)

Bond Proceeds	

$		

-	$	-	$	5,372,152	

$	5,372,152	
Total Other Financing Sources (Uses)	$		-	$	-	$	5,372,152	$	5,372,152	
					
Net Change in Fund Balance	$		-	$	5,028,089		
					
Fund Balance - Beginning	$		-	$	-		
					
Fund Balance - Ending	$		-	$	5,028,089		
Hunt Club Grove
Community Development District Month to Month

Revenues:

Developer Contributions	$	15,000	$	-	$	-	$	32,745	$	7,056	$	-	$	8,285	$	4,663	$	4,004	$	-	$	-	$	-	$	71,753	
Total Revenues	$	15,000	$	-	$	-	$	32,745	$	7,056	$	-	$	8,285	$	4,663	$	4,004	$	-	$	-	$	-	$	71,753							

Expenditures:																		
General & Administrative:																		
Supervisor Fees	$	-	$	-	$	-	$	-	$	-	$	200	$	2,400	$	-	$	1,000	$	-  $	-	$	-  $	3,600							
FICA Expenditures	$	-	$	-	$	-	$	-	$	-	$	15	$	184	$	-	$	77	$	-  $	-	$	-  $	275							
Engineering	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-  $	-	$	-  $	-							
Attorney	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-  $	-	$	-  $	-							
Arbitrage	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-  $	-	$	-  $	-							
Dissemination	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-  $	-	$	-  $	-							
Trustee Fees	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-  $	-	$	-  $	-							
Management Fees	$	3,333	$	3,333	$	3,333	$	3,333	$	3,333	$	3,333	$	3,333	$	3,333	$	3,333	$	-  $	-	$	-  $	30,000							
Information Technology	$	150	$	150	$	150	$	150	$	150	$	150	$	150	$	150	$	150	$	-  $	-	$	-  $	1,350							
Website Maintenance	$	100	$	100	$	100	$	1,850	$	100	$	100	$	100	$	100	$	100	$	-  $	-	$	-  $	2,650							
Postage & Delivery	$	-	$	2	$	21	$	75	$	1	$	1	$	41	$	3	$	1	$	-  $	-	$	-  $	144							
Insurance	$	-	$	-	$	-	$	3,740	$	-	$	-	$	-	$	-	$	-	$	-  $	-	$	-  $	3,740							
Printing & Binding	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-  $	-	$	-  $	-							
Legal Advertising	$	340	$	15,744	$	1,897	$	-	$	-	$	-	$	-	$	417	$	378	$	-  $	-	$	-  $	18,776							
Other Current Charges	$	-	$	-	$	-	$	-	$	8	$	38	$	43	$	52	$	38	$	-  $	-	$	-  $	179							
Office Supplies	$	-	$	5	$	0	$	3	$	0	$	0	$	0	$	0	$	3	$	-  $	-	$	-  $	11							
Dues, Licenses & Subscriptions	$	200	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-  $	-	$	-  $	200							
Total General & Adminstrative	$	4,123	$	19,334	$	5,501	$	9,151	$	3,592	$	3,837	$	6,251	$	4,055	$	5,080	$	-  $	-	$	-  $	60,926							

Operations & Maintenance																		
Field Contingency	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-							
Total Operations & Maintenance	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-							
																		
Total Expenditures	$	4,123	$	19,334	$	5,501	$	9,151	$	3,592	$	3,837	$	6,251	$	4,055	$	5,080	$	-	$	-	$	-	$	60,926							
																		
Excess Revenues (Expenditures)	$	10,877	$	(19,334)	$	(5,501)	$	23,594	$	3,464	$	(3,837)	$	2,034	$	608	$	(1,076)	$	-  $	-	$	-  $	10,827							
Hunt Club Grove
Community Development District Long Term Debt Report

Series 2024, Special Assessment Revenue Bonds		
Interest Rate:	4.850%, 5.375%, 5.625%	
Maturity Date:	6/15/2054	
Reserve Fund Definition	50% Maximum Annual Debt Service	
Reserve Fund Requirement	$195,896	
Reserve Fund Balance	$195,896	
Bonds Outstanding - 6/25/24	$5,715,000	
Current Bonds Outstanding	$5,715,000