Hunt Club Grove Community Development District

Meeting Agenda January 13, 2026

Hunt Club Grove
Community Development District

219 E. Livingston St., Orlando, Florida 32801 Phone: 407-841-5524 – Fax: 407-839-1526
January 6, 2026
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, January 13, 2026, 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/87483055667
Call-In Information: 1-305-224-1968	Meeting ID: 874 8305 5667 Following is the advance agenda for the meeting:
Roll Call
Public Comment Period (Public Comments will be limited to three (3) minutes)
Organizational Matters
Administration of Oaths of Office to Kayla Word and Michelle Dudley (LO Election)
Approval of Minutes of the November 4, 2025 Board of Supervisors Meeting and Landowners Meeting
Consideration of Proposal from Floralawn for Phase 2 Landscape Maintenance
Consideration of Proposal from Floralawn for Hamlin Road ROW Landscape Maintenance
Consideration of Data Sharing and Usage Agreement with Polk County Property Appraiser
Presentation of Arbitrage Report for Series 2024
Staff Reports
Attorney
Engineer
Field Manager’s Report
District Manager’s Report
Approval of Check Register
Balance Sheet & Income Statement
Project Development Update
Status of Property Conveyance
Status of Permit Transfers
Status of Construction Funds & Requisitions
Ratification of Series 2024 AA1 – Requisitions #9 -10
Other Business
Supervisors Requests and Audience Comments
Adjournment

!!"#$%&
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, November 4, 2025, 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	Vice Chairman
Brent Kewley	Assistant Secretary Also present were:
Tricia Adams	District Manager, GMS
Mark Watts	District Counsel
Dave Schmitt	District Engineer
Allen Bailey	Field Manager

FIRST ORDER OF BUSINESS	Roll Call
Ms. Adams called the meeting to order at 9:30 a.m. and took roll call. Three Board members were present in person constituting a quorum.

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

THIRD ORDER OF BUSINESS	Organizational Matters
Administration of Oaths of Office to Newly Elected Board Members
Ms. Adams stated that the oath of office was administered to Supervisor Mr. Kewley before the meeting. She added that he was part of the quorum.
November 4, 2025	Hunt Club Grove CDD

Consideration of Resolution 2026-01 Canvassing and Certifying the Results of the
Landowners’ Election
Ms. Adams reviewed Resolution 2026-01 on page 10, which needed to be updated with the results of the landowners’ election. She stated that three seats were on the ballot (seats 3, 4, and 5). Ms. Michelle Dudley and Mr. Brent Kewley were each elected to four-year terms, and Ms. Kayla Word was elected to a two-year term. Ms. Adams added that the oaths of office for Ms. Dudley and Ms. Word would be handled later.

Election of Officers
Ms. Adams stated that following an election or appointment, the Board members were required to organize officers.

Consideration of Resolution 2026-02 Electing Officers
Ms. Adams stated that Resolution 2026-02 included the slate of officer positions on page 13 of the agenda packet. She explained that the listed staff positions would remain as shown and asked the Board to consider them while electing officers. It was noted that Mr. Adam Morgan had been serving as Chair, Mr. Rob Bonin as Vice Chair, and the remaining Board members as Assistant Secretaries. The Board was given the option to keep the current slate or make changes, but they stated that they wanted to keep the same slate of officers.

FOURTH ORDER OF BUSINESS	Approval of Minutes of the September 9,
2025, Board of Supervisors Meeting
Ms. Adams presented the minutes from the September 9, 2025, Board of Supervisors meeting. She noted that she had reviewed the minutes and asked for any comments, corrections, or changes. The Board had no changes to the minutes.
November 4, 2025	Hunt Club Grove CDD

FIFTH ORDER OF BUSINESS	Ratification of FY25 Audit Engagement
Letter
Ms. Adams reviewed the Fiscal Year 2025 audit engagement letter. She reminded the Board that the District is required to undergo an annual independent audit. She noted that the Board had already previously authorized staff to enter into a five-year audit services agreement with DiBartolomeo, McBee, Hartley and Barnes. The engagement letter followed the terms of that agreement, and the cost shown matched both the adopted budget and the pricing outlined in the five-year contract.

SIXTH ORDER OF BUSINESS	Ratification of Engineer’s Scope of Work
Ms. Adams stated that the Board had reviewed the scope of work from Schmitt Engineering. She explained that the District already had an engineering services agreement with Dave Schmitt Engineering, and this document was intended to formalize Dave Schmitt's service as the District engineer for Hunt Club Grove CDD and to outline project-related coordination tasks. There had been some delays getting the document signed, so it had already been sent to the Chair for signature.

SEVENTH ORDER OF BUSINESS	Ratification  of  TraceAir  Contract  for
Fiscal Year 2026
Ms. Adams reviewed the TraceAir contract for FY 2026. She explained that the agreement on page 29 covered 26 bi-weekly aerial flights, totaling $27,300. The contract had already been approved, and the Board was asked to make a motion to ratify it.
November 4, 2025	Hunt Club Grove CDD

EIGHTH ORDER OF BUSINESS	Consideration of Floralawn Proposal to
Add Southern Phase/AA2
Ms. Adams reviewed the upcoming Assessment Area 2 bond issuance and noted that once the bond closes, specific completed infrastructure would be conveyed to the CDD for maintenance. Mr. Bailey had coordinated with Floralawn to obtain a landscape-maintenance proposal for Phase 1 South. The proposal on page 33 reflected an annual cost of $97,794.60 to maintain the southern phase once landscaping was installed. Mr. Bailey explained that Floralawn already had landscape plans. He had asked them for a full build-out price so the District could provide the cost as areas came online. Only the large dry pond in the middle of the phase was being maintained because no other landscaping had been installed yet. District counsel asked whether Floralawn had been authorized to start landscape installation in Phase 1 South. It was confirmed they had not started because they were still waiting on two items: paving on Post Salter Road and construction of the sidewalk around the main stormwater pond. Both needed to be finished before the landscape installation could proceed. It was noted that reuse meters had been ordered. The city had attempted to set them, but one location had the wrong-sized whip, and an additional 2-inch meter still needed to be installed on the north side. He said he would verify whose name the accounts were under and coordinate with Mr. Bailey to ensure the meters were correctly set up in the CDD’s name.
Mr. Bailey had discussed that once erosion repairs and grading of the dry pond were completed, Floralawn could start raking and prepping the pond banks. It was noted that the District needed to keep this moving, since home construction was already underway, and closings would require landscaping to be installed. The Board treated the Floralawn proposal as informational for now. The question was asked whether the proposal covered both Phase 1A and 1B. The Board agreed not to take formal action yet. Ms. Adams stated that the proposal would be refined and brought back to the next meeting in December, unless there was a need to approve it sooner. The Board approved a motion to delegate authority to Vice Chair Bonin to approve the final proposal outside of a meeting if timing required it.

November 4, 2025	Hunt Club Grove CDD

NINETH ORDER OF BUSINESS	Staff Reports
Attorney
Mr. Watts stated that he had nothing new to report. He noted that they would continue responding as needed to provide agreements and were actively reviewing documents related to the pending bond issuance but otherwise had no specific updates.

Engineer
Mr. Schmitt stated he had nothing to report but offered to answer any questions,

Field Manager’s Report
Mr. Bailey reported that the ADA transition mat and concrete strip on McKenna Drive had been installed, and the pothole on that road had been filled. He said the dry ponds were performing well with the extra disking, and the cooler weather was helping reduce green growth. He noted that the pond in the southern phase still needed work, including pulling up the pond bottoms where growth was high and addressing erosion along the western edge. A Board member pointed out that Floralawn had not been mowing the west side of Hamlin Road’s right-of-way, even though that area should have always been included in their scope. It was emphasized that the landscaper should have been maintaining it from the start. The Board agreed that expectations needed to be reset and that Floralawn should mow the entire area weekly. Ms. Adams noted that all preparations for the Series 2025 bond issue were complete, but they were waiting for the underwriter to confirm the pre-closing and closing dates, which they expected to occur sometime in December. They would coordinate signatures with the Chair once dates were confirmed.

District Manager
Approval of Check Register
Ms. Adams stated that the items for the check register are on page 26. She added that the total amount was $31,769.52. The check run details included contracted services and maintenance of the District. Ms. Adams added that the Board was familiar with all the services. She said she was happy to answer questions.

November 4, 2025	Hunt Club Grove CDD

Balance Sheet & Income Statement
Ms. Adams stated they had reviewed the unaudited financials for the end of the fiscal year. On page 79, the combined balance sheet showed the unassigned balance, the money available to operate the District until tax revenues begin to come in. Ms. Adams noted that the District was in good shape heading into the new fiscal year and that additional field expenses were expected in the last quarter of 2025 or the first quarter of 2026.

Project Development Update
Status of Property Conveyance
Status of Permit Transfers
Status of Construction Funds & Requisitions
Ratification of Series 2024 AA1 – Requisition #8
Ms. Adams stated that everything was on track to have the bond documents ready for signature in mid-December. There were no questions or comments on the permit transfers. Ms. Adams reviewed Series 2024 Assessment Area 1 Requisition #8 for $3,980 payable to TraceAir and noted it had already been signed and sent to the trustee for processing.

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

ELEVENTH ORDER OF BUSINESS	Supervisors'	Requests	and	Audience
Comments
There being no comments, the next item followed.

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

November 4, 2025	Hunt Club Grove CDD

Secretary/Assistant Secretary	Chairman/Vice Chairman

MINUTES OF MEETING HUNT CLUB GROVE
COMMUNITY DEVELOPMENT DISTRICT

The Landowners meeting of the Hunt Club Grove Community Development District was held Tuesday, November 4, 2025, at 9:30 a.m. at the Lake Alfred Public Library, 245 N. Seminole Avenue, Lake Alfred, Florida, and via Zoom.

Present were:
Adam Morgan Rob Bonin Brent Kewley Tricia Adams

FIRST ORDER OF BUSINESS	Determination of Number of Voting Units
Represented
Ms. Adams stated that they had representation from Lennar with 61 votes and from AGEHC2 LLC Inc. with 204 votes, for a total of 265 votes represented for the landowners' election.

SECOND ORDER OF BUSINESS	Call to Order
Ms. Adams called the meeting to order.

THIRD ORDER OF BUSINESS	Election of Chairman for the Purpose of
Conducting the Landowners’ Meeting
Ms. Adams stated that she would serve as Chair.

FOURTH ORDER OF BUSINESS	Nominations for the Position of Supervisor
Ms. Adams stated that there were three vacancies and asked for nominations. Mr. Morgan nominated Michelle Dudley for Seat 3, Kayla Wood for Seat 4, and Brett Kewley for Seat 5.

FIFTH ORDER OF BUSINESS	Casting of Ballots
November 4, 2025	Hunt Club Grove CDD

Mr. Morgan cast 265 votes Michelle Dudley, 260 votes for Kayla Word, and 265 votes for Brent Kewley.

SIXTH ORDER OF BUSINESS	Ballot Tabulation
Ms. Adams stated that Ms. Dudley and Mr. Kewley would serve a four-year term on the Board and Ms. Word would serve a two-year term.

SEVENTH ORDER OF BUSINESS	Landowners’ Questions and Comments
Ms. Adams asked for any questions or comments from the landowners. There being no comments, the next item followed.

EIGHTH ORDER OF BUSINESS	Adjournment
Ms. Adams adjourned the meeting.

!!"#$%& 5

COMPREHENSIVE LANDSCAPING SIMPLIFIED
HUNT CLUB GROVES SOUTH
October, 2025

TABLE OF CONTENTS

ABOUT FLORALAWN OUR DIFFERENCES
FLORALAWN UNIVERSITY
MAINTENANCE DEPARTMENT CORE SERVICES
FERTILIZATION DEPARTMENT OUR EXPERTISE
IRRIGATION DEPARTMENT
PROFESSIONAL SOLUTIONS GENERAL HOUSEHOLD PEST TREE MAINTENANCE
CERTIFICATIONS INSURANCE
COMMUNICATION
WORK ORDER SYSTEM MY PROMISE
1.
2.
3.
5.
6.
7.
8.
9.
10.
11.
12.
13.
14.
15.
16.
19.
ABOUT US

DESIGN. MAINTAIN. ENHANCE.
At Floralawn, we bring together the expertise of irrigation specialists, horticultural maintenance professionals, and landscape designers to provide an integrated approach to outdoor care. By offering all these services under one roof, we streamline the process for our clients, ensuring seamless communication, efficient project management, and consistent quality across every aspect of your landscape.

MAINTENANCE	FERTILIZATION
Our lawn maintenance division specializes in providing comprehensive maintenance solutions designed for residential communities, homeowners’ associations, and shared outdoor spaces. We understand the importance of creating a welcoming, well-maintained
environment that reflects the pride and values of the community.
1
Using the latest techniques and high-quality products, we tailor our approach to the unique needs of each
property, considering factors such as soil composition and seasonal requirements. Our team’s expertise ensures balanced nutrition for healthy, sustainable landscapes that thrive year-round.
OUR DIFFERENCES

IRRIGATION
Our certified Irrigation professionals specialize in troubleshooting, retrofitting outdated systems, and ensuring compliance with water conservation regulations. Whether maintaining existing systems or implementing new designs, we prioritize efficiency, reliability, and long-term savings for our clients. With a high level of expertise and a commitment to innovation, our irrigation team helps property owners and managers achieve healthier landscapes while conserving valuable resources.
COMMUNICATION
Whether it’s through regular updates, meetings, or responsive feedback, we ensure that board members and community members have the information they need to make well-informed choices. Our team is always available to address concerns, offer solutions, and collaborate on initiatives, ensuring that every voice is heard.
MORE THAN A VENDOR—WE’RE A TRUSTED COMMUNITY PARTNER.
We take pride in being more than just a service provider—we actively engage with communities to support local events and fundraising efforts. Whether it’s sponsoring neighborhood gatherings, providing landscaping for community events, or partnering on initiatives that benefit local causes, we’re committed to contributing to the vibrancy of the communities we serve.
2
FLORALAWN UNIVERSITY

FloraLawn University is designed to provide consistent, recurring training that ensures our team remains highly skilled and adaptable. This program isn’t a one-time event; it’s an ongoing process that allows our employees to stay updated on the latest techniques, tools, and industry advancements.
Through regular hands-on sessions, team members continually refine their skills in landscaping, irrigation, fertilization, and customer care. To ensure the training is effectively implemented in the field,
we conduct internal follow-ups and evaluations, holding our team accountable for maintaining the highest standards.
This ongoing approach ensures consistent service quality across all
aspects of our work, creating a foundation of excellence that clients can rely on. By fostering a culture of continuous learning and improvement, we empower our team to not only meet but consistently exceed client expectations. Our commitment to growth and accountability drives us to deliver exceptional results, reinforcing our dedication to excellence in every service we provide

3

“HOLDING OUR TEAM
ACCOUNTABLE. MAINTAINING THE HIGHEST STANDARDS.”

4
MAINTENANCE DEPARTMENT

Our in-house maintenance crew is equipped with the latest, state-of-the-art tools and machinery to deliver top-tier service. From precision mowing to
detailed trimming and expert pruning, our team brings unmatched skill and attention to detail to every project.
With years of experience and a vast knowledge of industry best practices, our crew understands the intricacies
of maintaining a healthy, beautiful landscape. Whether it's ensuring the perfect cut, shaping plants to enhance their beauty, or preserving the health of your greenery, our team consistently exceeds expectations with
their expertise and commitment to excellence.
By combining the latest equipment with unparalleled knowledge, we ensure your landscape is always in the best hands, providing results that set us apart as industry leaders.

YOUR PROPERTY. OUR PRIORITY.
EVERYTIME.

5
CORE SERVICES

MOWING & TURF CARE
Precision lawn mowing Edging along sidewalks and driveways
String trimming for hard-to-reach areas
Blowing off debris for a clean finish Sod installation and repair

SEASONAL & STORM CLEANUPS
Leaf and debris removal
Post-storm cleanup and fallen branch removal
Seasonal flower bed cleanouts Mulching and ground cover refresh

TREE & SHRUB CARE
Tree trimming and pruning Shrub and hedge maintenance Removal of dead or hazardous branches
Shaping for aesthetics and healthy growth
Seasonal trimming for optimal plant health

LANDSCAPE
ENHANCEMENTS
Mulch and rock installation Seasonal flower planting Lawn renovation and regrading	6
FERTILIZATION DEPARTMENT

GREENER. HEALTHIER. HAPPIER.

Our fertilization department is the best in the business, delivering unmatched service with an in-house team of experts. We provide precise, high-quality care for every landscape.
By keeping our services in-house, we maintain complete control over quality, consistency, and responsiveness. Our team takes a scientific approach, utilizing water and soil samples to develop tailored solutions that meet the specific needs of your community. This ensures
optimal plant health, effective pest management, and superior landscape care.
This combination of in-house expertise, certified specialists, and customized strategies allows us to provide industry-leading results, setting us apart as the trusted partner for exceptional landscape management.

OUR EXPERTISE

TAILORED FERTILIZATION PROGRAMS
Nutrient plans for each property
Seasonal fertilization schedules
Organic and synthetic fertilizer options
Soil enrichment and health optimization
Slow-release and liquid application methods

SOIL & TURF HEALTH MANAGEMENT
Soil testing and analysis
pH balancing and soil amendments
Core aeration to improve nutrient absorption
Overseeding for thicker, healthier turf
Compost topdressing for natural enrichment

TREE & SHRUB FERTILIZATION
Deep root fertilization for trees and shrubs
Micronutrient applications for plant health
Seasonal feeding for optimal growth
Protection against disease and environmental stress
WEED CONTROL & PREVENTION
Pre-emergent herbicide applications
Post-emergent weed treatments
Targeted solutions for broadleaf and grassy weeds
Organic and eco-friendly weed management options
Integrated weed control with fertilization plans

PEST & DISEASE MANAGEMENT
Lawn pest identification and treatment
Fungicide applications for disease prevention
Grub and insect control treatments
Nematode suppression for root protection
Preventative and curative treatment plans
IRRIGATION
DEPARTMENT

SMART. WATERING.
SOLUTIONS.

Our in-house irrigation team is a recognized leader in the industry, known for its expertise, precision, and commitment to excellence. As a preferred vendor and installer for Baseline systems and Weathermatic Smart Link. We offer advanced, water-efficient irrigation solutions that are tailored to the specific needs of each property.
By managing all irrigation services internally, we maintain complete control over every step—design, installation, and maintenance—ensuring the highest quality results. Our deep knowledge of the irrigation industry enables us to provide efficient, sustainable solutions that maximize water conservation and promote healthy, thriving landscapes.
With our combination of advanced technology, skilled professionals, and attention to detail, we’re the trusted choice for reliable irrigation solutions that provide long-term benefits.

PROFESSIONAL SOLUTIONS

HAVE AN OUTDATED IRRGATION SYSTEM?
We modernize outdated irrigation systems with advanced solutions, improving water efficiency, performance, and reliability. Our updates reduce waste, lower costs, and support healthier landscapes. Trust FloraLawn for smarter, sustainable irrigation.

PUMP, WATER SYSTEMS, & ACCESSORIES
Jet pumps, centrifugal pumps, submersible pumps, motors, control boxes, VFD instillation and programming

FILTERS, VALVES, & BACK FLOW PREVENTION
Check valves, foot valves, dual check valves, brass gate valves, brass ball valves, filtration systems, pressure vacuum breakers, filters, chemical feed pumps
PIPE, FITTINGS,
LANDSCAPE ACCESSORIES
Pipe & fittings, poly tubing, water features, fountains

CULVERT, YARD
DRAINAGE SYSTEMS
All sizes of culverts, drainage pipe & accessories

TANKS, POLYETHYLENE, BULK, STORAGE
Vertical, cone bottom, free standing

IRRIGATION SYSTEM, PARTS, & ACCESSORIES
All irrigation products from every major manufacturer
WELLS
Residential, commercial, agricultural, & industrial
10
GENERAL
HOUSEHOLD PEST

At FloraLawn, we offer comprehensive household pest control services designed to protect your home from a variety of common pests, including ants, spiders, rodents, and termites. Our team is trained to identify potential problem areas
and apply safe, effective treatments to eliminate pests while preventing future infestations.
Using eco-friendly products and cutting-edge techniques, we ensure that your home remains a safe, pest-free
environment for you and your family. Whether it's a one-time treatment or ongoing maintenance, our tailored pest control plans are designed to meet the specific needs of your home and provide long-lasting results.
Trust FloraLawn to handle your pest problems with professionalism, care, and an unwavering commitment to your home’s well-being.

11
TREE
MAINTENANCE

At FloraLawn, our in-house tree maintenance division is dedicated to maintaining the health, safety, and beauty of your trees. Our experienced arborists use the latest tools and techniques to provide precise trimming and pruning that promotes healthy growth and enhances the overall aesthetics of your landscape.
We handle everything from shaping trees for aesthetic appeal to removing dead or dangerous branches that could
pose a hazard to your property. Our team understands the unique needs of various tree species and customizes each service to ensure long-term tree health and safety.
By keeping tree trimming in-house, we ensure consistency, high-quality results, and attention to detail, making FloraLawn the trusted choice for all your tree care needs.

12
734 South Combee Road Lakeland, FL 33801
863-668-0494 – Phone
863-668-0495 – Fax
www.ﬂoralawn.com

The Hunt Club Groves At Lakes Wales South
℅ Lennar	October, 15th 2025
Proposal valid for 60 days	

We sincerely appreciate the opportunity to propose how Floralawn can help enhance the quality of your landscape. Our proposal includes integrating a custom maintenance plan to meet the needs and demands of your property while considering service expectations and community budget.

We hereby propose the following for your review:

One Time Clean Up

Service	Total	
One Time Clean Up	$3,500.00	
Total	$3,500.00	
Landscape Management

Service	Monthly	Yearly	
Landscape Maintenance	$2,730.00	$32,760.00	
Shrub Fertilization Program	$324.55	$3,894.60	
Monthly Irrigation Inspection	$420.00	$5,040.00	
Pond Discing (17x Per Year)	$4,675.00	$56,100.00	
Total	$8,149.55	$97,794.60	
Additional Services
Enhancements and additional services are available on an a la carte basis. These include mulching options, seasonal plant selections, turf upgrades, and special treatments.

Service	Qty	Price	Total	
Pine Bark Mulch	284 Yards	$65.00	$18,460.00	
Palm Pruning	12 Palms	$60.00	$720.00	
Annuals	Per 4” plants	$2.50	$2.50	

.
PROPOSAL
Scope of Services
Turf Care
Mowing
Rotary lawn mowers will be used with suﬃcient power to leave a neat, clean, and uncluttered appearance 40 times per calendar year (Floratam) and 40 times per calendar year (Bahia) depending on growing season and conditions. It is anticipated that mowing services shall be provided weekly during the growing season April through October and every other week during the non-growing season or as needed November through March.

Bahia lake and pond banks will be mowed 28 times per year consistent with 3 times per month May through October and 2 times per month or as needed November through April.

Trimming
Turf areas inaccessible to mowers, areas adjacent to buildings, trees, fences, etc. will be controlled by a string trimmer. When string trimming, a continuous cutting height will be maintained to prevent scalping.

Edging
All turf edges of walks, curbs, and driveways shall be performed every mowing (40 times per year). A soft edge of all bed areas will be performed every other mowing (20 times per year). A power edger will be used for this purpose. A string trimmer may be used only in areas not accessible to a power edger.

Fertilization
St. Augustine/Floratam areas shall be fertilized with a commercial grade fertilizer 6 times per year. Timing of applications will be adjusted to meet horticultural conditions.

Bahia turf areas may be fertilized and treated with insect/disease control at an additional cost that is outside of the scope of work for this contract.

Weed, Insect, & Disease Control
Post-Emergent weed applications will be performed up to 4 times  per year between April 1st and October 30th. Pre-Emergent herbicides will be used 2 times per year speciﬁcally targeting diﬃcult to control weeds. Weed control applications are conducive to soil and air temperatures. Floralawn will not be held responsible for the post emergent control of common grassy weeds like Crabgrass, Tropical Signal & Bermuda grass. Due to the absence of legal and selective post emergent herbicides for this use.

Insect & disease control measures are incorporated into each fertilization application. Infestations will be treated on an as needed basis throughout the year and the customer will be made aware of the actions taken as well as the chemicals used. Ant mounds can be treated as they appear, at an additional cost, using products like Bayer's Top Choice that offer extended control..
Tree, Shrub, and Groundcover Care
Pruning
All shrubs and trees (up to 10 feet) shall be pruned and shaped a maximum of 10 times per year to ensure the following:

Maintain all sidewalks to eliminate any overhanging branches or foliage which obstructs and/or hinders pedestrian or motor traﬃc.
Retain the individual plant's natural form and prune to eliminate branches which are rubbing against walls and roofs.
The removal of dead, diseased, or injured branches and palm fronds will be performed as needed up to 12 feet in height.
Ground covers and vines can maintain a neat and uniform appearance.

Weeding
Weeds will be removed from all plant, tree, and ﬂower beds 18 times per year. This incorporates 2 times per month during the growing season and  1 time per month during the non-growing season on an as-needed basis. Mechanical or chemical herbicides will be used as control methods. Mechanical weed removal will only be used when chemical applications are not applicable.

Fertilization
Palms and hardwood trees will be fertilized 2 times per year. Shrubs and groundcovers will be fertilized 4 times per year. All fertilizations of tree, shrub, and groundcovers will be designed to address site speciﬁc nutritional needs. Timing of applications will be adjusted to meet horticultural conditions.

Insect, & Disease Control
All landscape beds shall be monitored and treated with appropriate pesticides as needed throughout the contract period. Plants will be monitored and issues addressed as necessary to effectively control insect infestation and disease as environmental, horticultural, and weather conditions permit. FloraLawn does not guarantee the complete absence of any insect or disease. We will, however, notify the customer and provide professional options at an additional cost outside the scope of this contract.

Irrigation
Overview
At the commencement of the contract, we will perform a complete irrigation evaluation and furnish the customer with a summary of each clock and zone operation. FloraLawn will submit recommendations for all necessary repairs and improvements to the system with an itemized cost for completing the proposed work. FloraLawn is not responsible for turf or plant loss due to water restrictions set by city, county, and/or water management district ordinances.

Inspections
All irrigation zones shall be inspected 1 time per month to insure proper operation. All zones will be turned on to check for proper coverage and any broken irrigation components. Management shall receive a monitoring report after each monthly irrigation inspection.

Repairs
Any repairs that have been caused by FloraLawn will be repaired at no cost. All repairs to the irrigation system other than those caused by FloraLawn will be performed on a time and materials basis with the hourly labor rate being  $80.00 per hour. Faults and failures of the irrigation system communicated to Floralawn will be addressed in a fair and responsible time period, but FloraLawn cannot guarantee a speciﬁc time response.
Miscellaneous
Clean-Up
All non-turf areas will be cleaned with a backpack or street blower to remove debris created by the landscaping process. All trash shall be picked up throughout the common areas before each mowing 42 times per year. Construction debris or similar trash is not included. Trash shall be disposed of offsite.

Optional Items & Additional Services

Landscape design & installation
Sodding and/or Seeding
Annual ﬂower bed design & installation
Mulching
Thin & prune trees over 10' in height
Prune Palms over 15' of clear trunk
New plant installation
Leaf clean-up
Pump Maintenance
Pump repair & installation
CERTIFICATIONS

DESIGN
Landscape Design & Planning
Tree and Shrub Placement for Aesthetic and Health
Soil & Drainage Solutions
Native Plant Design & Xeriscaping
Landscape Renovations &
Reimagining Existing Spaces Lighting Design

MAINTENANCE
Lawn Mowing & Edging
Tree Trimming & Pruning
Shrub & Plant Care
Weeding & Mulching
Leaf Removal & Debris Management
Sod Installation & Lawn Repair
Seasonal Color
PEST CONTROL
General Household Pest Control
Rodent Control & Exclusion
Termite Control & Prevention
Mosquito Control
Flea & Tick Treatment
Lawn & Garden Pest Control
Organic & Non-Toxic Pest Treatments
Emergency Pest Control Services

 WATER MANAGEMENT
Florida Waterstar Certified
Baseline Preferred Vendor/Installer
Maxicom Software
Certified Irrigation Designer
Certified Irrigation Contractor
Certified Landscape Irrigation Auditor
Landscape Irrigation Design
Stormwater Managment Practices

CERTIFICATIONS	REFERENCE	QUALIFIER

Stormwater Management Inspector	#16795	FL Dept of Environmental Protection	
Maxicom Software		Rain Bird	
Best Management Practices	#13188, 9797, 8588	FL Dept of Environmental Protection	
Irrigation Contractor License	#CSIR0123	Polk County Building Division	
Certified Specialty Contractor	#SCC 131153009	FL Dept of Business & Pro Reg	
Landscape Irrigation Design		College of Irrigation Knowledge	
Certified Irrigation Designer - Residential	#004041	The Irrigation Association	
Certified Irrigation Designer - Commercial	#004041	The Irrigation Association	
Certified Irrigation Contractor	#004041	The Irrigation Association	
Certified Landscape Irrigation Auditor	#40183	The Irrigation Association	
Certified Landscape Water Manager	#004041	The Irrigation Association	

INSURANCE

LEASED/RENTED EQUIPMENT
AGCS Marine Insurance Co
Policy: #MZ193091427
Limit: $100,000
UMBRELLA LIABILITY
Hartford Casualty Ins Co
Policy: #21HHUSR2G4R
Each Occurrence $2,000,000
Aggregate $2,000,000

COMMERICAL GENERAL LIABILITY
Twin City Fire Insurance
Policy: #21UENSR2G35
Each Occurrence $1,000,000
Damage to Rented Premises $300,000
Med Exp $5,000
Personal & Adv Injury $1,000,000
General Aggregate $2,000,000
Product-Comp/Op AGG $2,000,000

GENERAL LICENSURE
Commercial General Liability
Automobile Liability
Umbrella Liability
Best Management Practices
Business Tax Receipt
Polk County
License: #118675
Agriculture Product Dealer #699156
State of Florida Dept of Agriculture
License: #699156
Pest Control Operator
State of Florida Dept of Agriculture
License: #JB192451

AUTOMOBILE LIABILITY
Hartford Insurance Company #916
Policy: #21UENOL4791
Combined Single Limit: $1,000,000
PIP: $10,000

WORKERS
COMPENSATION
Bridgefield Casualty Insurance Company
Policy: #0196-62488
Each Accident $1,000,000
Disease - EA Empoyee $1,000,000
Disease - Policy Limit $1,000,000

COMMUNICATION

Clear internal communication is essential for promptly addressing concerns, sharing important updates, and ensuring that all members are aligned with community goals and initiatives. It fosters trust, promotes
collaboration, and cultivates a sense of unity among all participants.
Total Property Maintenance encompasses numerous components,
15
with your Account Manager acting as the pivotal element in this system, dedicated to ensuring your complete satisfaction.
The Account Manager conducts thorough quality assurance checks, guaranteeing that your property is consistently monitored with care. Should you have any questions or concerns, a single phone call is all that is needed to receive assistance.
WORK ORDER SYSTEM

We emphasize the importance of open and responsive communication among our team, community residents, and board members. Our customized work order system is designed to facilitate effective service delivery while ensuring that feedback and requests from residents and board members are clearly communicated and promptly addressed.

RESIDENT ACCOUNTS
Residents have the ability to create an account and manage their work orders from initiation to completion, depending on various factors.

TRACKABLE RESULTS
Our portal-based work-order system offers residents a streamlined method to report issues requiring attention from Floralawn. This system ensures trackable progress and delivers comprehensive reporting.
COMMUNICATION
Our team members maintain continuous communication through work order status updates and direct messaging.

RESIDENT TRAINING
We conduct regular training sessions for residents on the effective use of the work order system.

16

“YOUR COMMUNITY’S
WELL-BEING AND SUCCESS ARE MY TOP PRIORITIES”

19
MY PROMISE

ROB AVERITT PRESIDENT

I promise to care for your community with the same dedication and attention I would give to my own home. Every detail, from maintenance to enhancements, will be handled with pride and respect, ensuring your property remains a place of beauty and comfort. Your community's well-being and success are my top priorities, and I am committed to delivering the highest level of service and care every step of the way.

P.O. BOX 91597
LAKELAND, FL 33804
863-668-0494
WWW.FLORALAWN.COM

DESIGNED BY: LUXE ART CREATIVE
Key:
n

I  I.	2
eory Pond

!!"#$%& 6
734 South Combee Road Lakeland, FL 33801
863-668-0494 – Phone
863-668-0495 – Fax
www.ﬂoralawn.com

Hunt Club- Hamlin Road
℅ Allen Bailey GMS	December 3, 2025
Proposal valid for 60 days	

We hereby propose the following for your review:

Landscape Management

Service	Monthly	Yearly	
Landscape Maintenance	$300.00	$3600.00	

PROPOSAL
Scope of Services
Turf Care
Mowing
Rotary lawn mowers will be used with suﬃcient power to leave a neat, clean, and uncluttered appearance 30 times per calendar year (Bahia) depending on growing season and conditions. It is anticipated that mowing services shall be provided weekly during the growing season 3 times per month May through October and 2 times per month or as needed November through April.

Edging
All turf edges of walks, curbs, and driveways shall be performed every mowing (30 times per year).

Customer Authorized Signature

Signature

Print Name	FLORALAWN, INC., a Florida Corporation

Rob Averitt, President	
Right of way landscape I

I

!!"#$%& 7
P O L K  C O U N T Y 
Property Appraiser Neil Combee
2026 Data Sharing and Usage Agreement
Revised 12/2025
ADA Compliant

This Data Sharing and Usage Agreement, hereinafter referred to as “Agreement,” establishes the terms and conditions under which the 	Hunt Club Grove CDD	 hereinafter referred to as “agency,” can acquire and use Polk County Property Appraiser data that is exempt from Public Records disclosure as defined in FS 119.071.

In accordance with the terms and conditions of this Agreement, the agency agrees to protect confidential data in accordance with FS 282.3185 and FS 501.171 and adhere to the standards set forth within these statutes.

For the purposes of this Agreement, all data is provided. It is the responsibility of the agency to apply all statutory guidelines relative to confidentiality and personal identifying information.
The confidentiality of personal identifying information including: names, mailing address and OR Book and Pages pertaining to parcels owned by individuals that have received exempt / confidential status, hereinafter referred to as “confidential data,” will be protected as follows:
The agency will not release confidential data that may reveal identifying information of individuals exempted from Public Records disclosure.
The agency will not present the confidential data in the results of data analysis (including maps) in any manner that would reveal personal identifying information of individuals exempted from Public Records disclosure.
The agency shall comply with all state laws and regulations governing the confidentiality and exempt status of personal identifying and location information that is the subject of this Agreement.
The agency shall ensure any employee granted access to confidential data is subject to the terms and conditions of this Agreement.
The agency shall ensure any third party granted access to confidential data is subject to the terms and conditions of this Agreement. Acceptance of these terms must be provided in writing to the agency by the third party before personal identifying information is released.
The agency agrees to comply with all regulations for the security of confidential personal information as defined in FS 501.171.
The agency, when defined as “local government” by FS 282.3185, is required to adhere to all cybersecurity guidelines when in possession of data provided or obtained from the Polk County Property Appraiser.

The term of this Agreement shall commence on January 1, 2026, and shall run until December 31, 2026, the date of signature by the parties notwithstanding. This Agreement shall not automatically renew. A new agreement will be provided annually to ensure all responsible parties are aware of and maintain the terms and conditions of this Data Sharing and Usage Agreement.
In witness of their agreement to the terms above, the parties or their authorized agents hereby affix their signatures.

POLK COUNTY PROPERTY APPRAISER

Agency:		Hunt Club Grove CDD	
Signature: 	
Signature: 	
Print: Title: Date:
Neil Combee	 Polk County Property Appraiser  January 1, 2026	
Print: 	 Title: 	 Date: 	
Please email the signed agreement to pataxroll@polk-county.net.

!!"#$%& 8
REBATE REPORT
$5,715,000
Hunt Club Grove Community Development District
(City of Lake Wales, Florida)
Special Assessment Bonds, Series 2024 (Assessment Area One)

Dated: June 25, 2024
Delivered: June 25, 2024

Rebate Report to the Computation Date June 25, 2029
Reflecting Activity Through November 30, 2025

TABLE OF CONTENTS

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

December 19, 2025

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

Re:	$5,715,000 Hunt Club Grove Community Development District (City of Lake Wales, Florida),
Special Assessment Bonds, Series 2024 (Assessment Area One)	

Dear Ms. Costa:

AMTEC has prepared certain computations relating to the above referenced bond issue (the "Bonds") at the request of Hunt Club Grove Community Development District (the “District”).

The scope of our engagement consisted of preparing computations shown in the attached schedules to determine the Rebatable Arbitrage as described in Section 103 of the Internal Revenue Code of 1954, Section 148(f) of the Internal Revenue Code of 1986, as amended (the “Code”), and all applicable Regulations issued thereunder. The methodology used is consistent with current tax law and regulations and may be relied upon in determining the rebate liability. Certain computational methods used in the preparation of the schedules are described in the Summary of Computational Information and Definitions.

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

We have scheduled our next Report as of June 30, 2026. Thank you for this engagement and should you have any questions, please do not hesitate to contact us.

Very truly yours,

Michael J. Scarfo
Senior Vice President	Trong M. Tran
Assistant Vice President	
SUMMARY OF REBATE COMPUTATIONS
Our computations, contained in the attached schedules, are summarized as follows: For the June 25, 2029 Computation Date
Reflecting Activity from June 25, 2024 through November 30, 2025

Fund Description	Taxable Inv Yield	Net Income	Rebatable Arbitrage	
Acquisition and Construction Fund	4.929681%	129,201.08	(20,868.78)	
Reserve Fund	4.496862%	12,470.34	(3,652.48)	
Capitalized Interest Fund	4.604496%	3,180.20	(838.41)	
Cost of Issuance Fund	5.682864%	2.64	0.08	
Totals	4.882430%	$144,854.26	$(25,359.59)	
Bond Yield	5.552545%			
Rebate Computation Credit	(2,639.24)			
Net Rebatable Arbitrage	$(27,998.83)			

Based upon our computations, no rebate liability exists.
SUMMARY OF COMPUTATIONAL INFORMATION AND DEFINITIONS
COMPUTATIONAL INFORMATION

For the purpose of computing Rebatable Arbitrage, investment activity is reflected from June 25, 2024, the date of the closing, through November 30, 2025, the Computation Period. All nonpurpose payments and receipts are future valued to the Computation Date of June 25, 2029.

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

For investment cash flow, debt service and yield computation purposes, all payments and receipts are assumed to be paid or received respectively, as shown on the attached schedules.
Purchase prices on investments are assumed to be at fair market value, representing an arm's length transaction.
During the period between June 25, 2024 and November 30, 2025, the District made periodic payments into the Interest, Sinking, and Prepayment Accounts (collectively, the “Debt Service Fund”, that were used, along with the interest earned, to provide the required debt service payments.
Under Section 148(f)(4)(A), the rebate requirement does not apply to amounts in certain bona fide debt service funds. The Regulations define a bona fide debt service fund as one that is used primarily to achieve a proper matching of revenues with principal and interest payments within each bond year. The fund must be depleted at least once each bond year, except for a reasonable carryover amount not to exceed the greater of the earnings on the fund for the immediately preceding bond year or 1/12th of the principal and interest payments on the issue for the immediately preceding bond year.
We have reviewed the Debt Service Fund and have determined that the funds deposited have functioned as a bona fide debt service fund and are not subject to the rebate requirement.

DEFINITIONS

Computation Date
June 25, 2029.

Computation Period
The period beginning on June 25, 2024, the date of the closing, and ending on November 30, 2025.

Bond Year
Each one-year period (or shorter period from the date of issue) that ends at the close of business on the day in the calendar year that is selected by the issuer. If no day is selected by the issuer before the earlier of the final maturity date of the issue or the date that is five years after the date of issue, each bond year ends at the close of business on the anniversary date of the issuance.
Bond Yield
The discount rate that, when used in computing the present value of all the unconditionally payable payments of principal and interest with respect to the Bonds, produces an amount equal to the present value of the issue price of the Bonds. Present value is computed as of the date of issue of the Bonds.

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

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

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

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

Fund / Account	Account Number	
Revenue	245083000	
Interest	245083001	
Sinking	245083002	
Prepayment	245083003	
Reserve	245083004	
Acquisition and Construction	245083005	
Cost of Issuance	245083006	
METHODOLOGY
Bond Yield
The methodology used to calculate the bond yield was to determine the discount rate that produces the present value of all payments of principal and interest through the maturity date of the Bonds.

Investment Yield and Rebate Amount
The methodology used to calculate the Rebatable Arbitrage, as of November 30, 2025, was to calculate the future value of the disbursements from all funds, subject to rebate, and the value of the remaining bond proceeds, at the yield on the Bonds, to June 25, 2029. This figure was then compared to the future value of the deposit of bond proceeds into the various investment accounts at the same yield. The difference between the future values of the two cash flows, on June 25, 2029, is the Rebatable Arbitrage.
$5,715,000
Hunt Club Grove Community Development District (City of Lake Wales, Florida)
Special Assessment Bonds, Series 2024 (Assessment Area One) Delivered: June 25, 2024

Par Amount	$5,715,000.00	
Net Original Issue Discount	-23,137.60	
Total	$5,691,862.40	

Acquisition and Construction Fund	$5,028,239.14	
Reserve Fund	195,896.25	
Capitalized Interest Fund	146,952.01	
Cost of Issuance Fund	206,475.00	
Underwriter’s Discount	114,300.00	
Total	$5,691,862.40	
Prepared by AMTEC	(Finance 8.901)

PROOF OF ARBITRAGE YIELD
$5,715,000
Hunt Club Grove Community Development District (City of Lake Wales, Florida)
Special Assessment Bonds, Series 2024 (Assessment Area One)

Date	

Debt Service	Present Value to 06/25/2024
@ 5.5525446032%	
12/15/2024	146,952.01	143,200.12	
06/15/2025	235,596.25	223,379.53	
12/15/2025	153,656.25	141,753.03	
06/15/2026	238,656.25	214,221.02	
12/15/2026	151,595.00	132,397.96	
06/15/2027	241,595.00	205,301.20	
12/15/2027	149,412.50	123,537.16	
06/15/2028	244,412.50	196,626.13	
12/15/2028	147,108.75	115,149.87	
06/15/2029	247,108.75	188,200.26	
12/15/2029	144,683.75	107,215.85	
06/15/2030	244,683.75	176,421.50	
12/15/2030	142,258.75	99,800.45	
06/15/2031	247,258.75	168,776.63	
12/15/2031	139,712.50	92,790.40	
06/15/2032	254,712.50	164,598.24	
12/15/2032	136,621.88	85,901.81	
06/15/2033	256,621.88	156,993.94	
12/15/2033	133,396.88	79,403.93	
06/15/2034	258,396.88	149,654.83	
12/15/2034	130,037.50	73,278.95	
06/15/2035	265,037.50	145,319.90	
12/15/2035	126,409.38	67,437.92	
06/15/2036	266,409.38	138,287.06	
12/15/2036	122,646.88	61,943.49	
06/15/2037	272,646.88	133,982.12	
12/15/2037	118,615.63	56,714.66	
06/15/2038	273,615.63	127,292.11	
12/15/2038	114,450.00	51,806.41	
06/15/2039	279,450.00	123,077.59	
12/15/2039	110,015.63	47,145.08	
06/15/2040	285,015.63	118,838.68	
12/15/2040	105,312.50	42,724.42	
06/15/2041	290,312.50	114,595.92	
12/15/2041	100,340.63	38,537.84	
06/15/2042	295,340.63	110,367.42	
12/15/2042	95,100.00	34,578.44	
06/15/2043	300,100.00	106,169.06	
12/15/2043	89,590.63	30,839.10	
06/15/2044	304,590.63	102,014.71	
12/15/2044	83,812.50	27,312.55	
06/15/2045	313,812.50	99,501.76	
12/15/2045	77,343.75	23,861.23	
06/15/2046	317,343.75	95,258.72	
12/15/2046	70,593.75	20,618.08	
06/15/2047	325,593.75	92,526.29	
12/15/2047	63,421.88	17,536.19	
06/15/2048	333,421.88	89,701.03	
12/15/2048	55,828.13	14,613.81	
06/15/2049	340,828.13	86,806.66	
12/15/2049	47,812.50	11,848.58	
06/15/2050	347,812.50	83,864.29	
12/15/2050	39,375.00	9,237.61	
06/15/2051	359,375.00	82,034.03	
12/15/2051	30,375.00	6,746.36	
06/15/2052	370,375.00	80,039.09	
Prepared by AMTEC	(Finance 8.901)

PROOF OF ARBITRAGE YIELD
$5,715,000
Hunt Club Grove Community Development District (City of Lake Wales, Florida)
Special Assessment Bonds, Series 2024 (Assessment Area One)

Date	

Debt Service	Present Value to 06/25/2024
@ 5.5525446032%	
12/15/2052	20,812.50	4,376.15	
06/15/2053	380,812.50	77,908.69	
12/15/2053	10,687.50	2,127.44	
06/15/2054	390,687.50	75,669.09	
	11,839,603.36	5,691,862.40	
	
Proceeds Summary		

Delivery date	06/25/2024							
Par Value	5,715,000.00							
Premium (Discount)	-23,137.60							
Target for yield calculation	5,691,862.40							
Prepared by AMTEC							(Finance 8.901)	
			
BOND DEBT SERVICE					
			$5,715,000					
		Hunt Club Grove Community Development District						
			(City of Lake Wales, Florida)					
		Special Assessment Bonds, Series 2024						
			(Assessment Area One)					
	Period Ending	
Principal	
Coupon	
Interest	
Debt Service	Annual Debt Service		
	06/25/2024							
	12/15/2024			146,952.01	146,952.01			
	06/15/2025	80,000	4.850%	155,596.25	235,596.25	382,548.26		
	12/15/2025			153,656.25	153,656.25			
	06/15/2026	85,000	4.850%	153,656.25	238,656.25	392,312.50		
	12/15/2026			151,595.00	151,595.00			
	06/15/2027	90,000	4.850%	151,595.00	241,595.00	393,190.00		
	12/15/2027			149,412.50	149,412.50			
	06/15/2028	95,000	4.850%	149,412.50	244,412.50	393,825.00		
	12/15/2028			147,108.75	147,108.75			
	06/15/2029	100,000	4.850%	147,108.75	247,108.75	394,217.50		
	12/15/2029			144,683.75	144,683.75			
	06/15/2030	100,000	4.850%	144,683.75	244,683.75	389,367.50		
	12/15/2030			142,258.75	142,258.75			
	06/15/2031	105,000	4.850%	142,258.75	247,258.75	389,517.50		
	12/15/2031			139,712.50	139,712.50			
	06/15/2032	115,000	5.375%	139,712.50	254,712.50	394,425.00		
	12/15/2032			136,621.88	136,621.88			
	06/15/2033	120,000	5.375%	136,621.88	256,621.88	393,243.76		
	12/15/2033			133,396.88	133,396.88			
	06/15/2034	125,000	5.375%	133,396.88	258,396.88	391,793.76		
	12/15/2034			130,037.50	130,037.50			
	06/15/2035	135,000	5.375%	130,037.50	265,037.50	395,075.00		
	12/15/2035			126,409.38	126,409.38			
	06/15/2036	140,000	5.375%	126,409.38	266,409.38	392,818.76		
	12/15/2036			122,646.88	122,646.88			
	06/15/2037	150,000	5.375%	122,646.88	272,646.88	395,293.76		
	12/15/2037			118,615.63	118,615.63			
	06/15/2038	155,000	5.375%	118,615.63	273,615.63	392,231.26		
	12/15/2038			114,450.00	114,450.00			
	06/15/2039	165,000	5.375%	114,450.00	279,450.00	393,900.00		
	12/15/2039			110,015.63	110,015.63			
	06/15/2040	175,000	5.375%	110,015.63	285,015.63	395,031.26		
	12/15/2040			105,312.50	105,312.50			
	06/15/2041	185,000	5.375%	105,312.50	290,312.50	395,625.00		
	12/15/2041			100,340.63	100,340.63			
	06/15/2042	195,000	5.375%	100,340.63	295,340.63	395,681.26		
	12/15/2042			95,100.00	95,100.00			
	06/15/2043	205,000	5.375%	95,100.00	300,100.00	395,200.00		
	12/15/2043			89,590.63	89,590.63			
	06/15/2044	215,000	5.375%	89,590.63	304,590.63	394,181.26		
	12/15/2044			83,812.50	83,812.50			
	06/15/2045	230,000	5.625%	83,812.50	313,812.50	397,625.00		
	12/15/2045			77,343.75	77,343.75			
	06/15/2046	240,000	5.625%	77,343.75	317,343.75	394,687.50		
	12/15/2046			70,593.75	70,593.75			
	06/15/2047	255,000	5.625%	70,593.75	325,593.75	396,187.50		
	12/15/2047			63,421.88	63,421.88			
	06/15/2048	270,000	5.625%	63,421.88	333,421.88	396,843.76		
	12/15/2048			55,828.13	55,828.13			
	06/15/2049	285,000	5.625%	55,828.13	340,828.13	396,656.26		
	12/15/2049			47,812.50	47,812.50			
	06/15/2050	300,000	5.625%	47,812.50	347,812.50	395,625.00		
	12/15/2050			39,375.00	39,375.00			
	06/15/2051	320,000	5.625%	39,375.00	359,375.00	398,750.00		
	12/15/2051			30,375.00	30,375.00			
	06/15/2052	340,000	5.625%	30,375.00	370,375.00	400,750.00		
Prepared by AMTEC	(Finance 8.901)

BOND DEBT SERVICE
$5,715,000
Hunt Club Grove Community Development District (City of Lake Wales, Florida)
Special Assessment Bonds, Series 2024 (Assessment Area One)

Period Ending	Principal	Coupon	Interest	Debt Service	Annual Debt Service	
12/15/2052			20,812.50	20,812.50		
06/15/2053	360,000	5.625%	20,812.50	380,812.50	401,625.00	
12/15/2053			10,687.50	10,687.50		
06/15/2054	380,000	5.625%	10,687.50	390,687.50	401,375.00	
	5,715,000		6,124,603.36	11,839,603.36	11,839,603.36	
$5,715,000
Hunt Club Grove Community Development District (City of Lake Wales, Florida)
Special Assessment Bonds, Series 2024 (Assessment Area One)
Acquisition and Construction Fund

ARBITRAGE REBATE CALCULATION DETAIL REPORT
FUTURE VALUE @
RECEIPTS	BOND YIELD OF
DATE	DESCRIPTION	(PAYMENTS)	(5.552545%)

06/25/24	Beg	Bal	-5,028,239.14	-6,612,178.08	
07/01/24			-168.60	-221.51	
08/02/24			-870.61	-1,138.43	
09/04/24			-870.56	-1,132.84	
10/02/24			-810.36	-1,050.02	
11/04/24			-787.58	-1,015.55	
12/03/24			-731.60	-939.21	
12/30/24			5,114,521.75	6,538,986.31	
12/30/24			1,862.50	2,381.23	
01/03/25			-728.69	-931.22	
02/04/25			-706.53	-898.65	
03/04/25			-638.16	-807.99	
03/13/25			4,920.00	6,220.81	
04/02/25			-706.52	-890.74	
05/02/25			-683.73	-858.08	
05/29/25			2,985.00	3,730.83	
05/29/25			1,990.00	2,487.22	
05/29/25			1,990.00	2,487.22	
06/03/25			-706.44	-882.41	
07/02/25			-683.73	-850.29	
07/23/25			3,980.00	4,933.74	
08/04/25			-706.52	-874.36	
09/03/25			-705.88	-869.72	
09/29/25			3,980.00	4,884.45	
10/02/25			-661.73	-811.74	
11/04/25			-662.23	-808.40	
11/18/25			1,990.00	2,424.08	
11/30/25	Bal		30,945.29	37,626.72	
11/30/25	Acc		105.15	127.85	
06/25/29	TOTALS:	129,201.08	-20,868.78		

ISSUE DATE:	06/25/24	
REBATABLE ARBITRAGE:	
-20,868.78			
COMP DATE:	06/25/29	NET INCOME:	129,201.08			
BOND YIELD: 5.552545%	TAX INV YIELD:	4.929681%			
$5,715,000
Hunt Club Grove Community Development District (City of Lake Wales, Florida)
Special Assessment Bonds, Series 2024 (Assessment Area One)
Reserve Fund

ARBITRAGE REBATE CALCULATION DETAIL REPORT
FUTURE VALUE @
RECEIPTS	BOND YIELD OF
DATE	DESCRIPTION	(PAYMENTS)	(5.552545%)

06/25/24	Beg	Bal	-195,896.25	-257,605.27	
07/02/24			168.60	221.47	
08/02/24			870.61	1,138.43	
09/04/24			870.56	1,132.84	
10/02/24			810.36	1,050.02	
11/04/24			787.58	1,015.55	
12/03/24			731.60	939.21	
01/03/25			728.69	931.22	
02/04/25			706.53	898.65	
03/04/25			638.16	807.99	
04/02/25			706.52	890.74	
05/02/25			683.73	858.08	
06/03/25			706.44	882.41	
07/02/25			683.73	850.29	
08/04/25			706.52	874.36	
09/03/25			705.88	869.72	
10/02/25			661.73	811.74	
11/04/25			662.23	808.40	
11/30/25	Bal		195,896.25	238,192.42	
11/30/25	Acc		640.87	779.24	
06/25/29	TOTALS:	12,470.34	-3,652.48		

ISSUE DATE:	06/25/24	
REBATABLE ARBITRAGE:	
-3,652.48			
COMP DATE:	06/25/29	NET INCOME:	12,470.34			
BOND YIELD: 5.552545%	TAX INV YIELD:	4.496862%			
$5,715,000
Hunt Club Grove Community Development District (City of Lake Wales, Florida)
Special Assessment Bonds, Series 2024 (Assessment Area One)
Capitalized Interest Fund

ARBITRAGE REBATE CALCULATION DETAIL REPORT
FUTURE VALUE @
RECEIPTS	BOND YIELD OF
DATE	DESCRIPTION	(PAYMENTS)	(5.552545%)

06/25/24	Beg	Bal	-146,952.01	-193,243.17	
07/02/24			126.48	166.15	
08/02/24			653.09	854.00	
09/04/24			653.05	849.80	
10/02/24			607.90	787.68	
11/04/24			590.80	761.81	
12/03/24			548.81	704.55	
12/16/24			146,952.01	188,280.75	
01/22/25			-2.64	-3.36	
02/04/25			0.03	0.04	
03/04/25			0.01	0.01	
04/02/25			0.01	0.01	
05/02/25			0.01	0.01	
06/03/25			0.01	0.01	
06/16/25			-155,593.61	-193,967.65	
06/16/25			155,596.25	193,970.94	
06/25/29	TOTALS:	3,180.20	-838.41		

ISSUE DATE:	06/25/24	
REBATABLE ARBITRAGE:	
-838.41			
COMP DATE:	06/25/29	NET INCOME:	3,180.20			
BOND YIELD: 5.552545%	TAX INV YIELD:	4.604496%			
$5,715,000
Hunt Club Grove Community Development District (City of Lake Wales, Florida)
Special Assessment Bonds, Series 2024 (Assessment Area One)
Cost of Issuance Fund

ARBITRAGE REBATE CALCULATION DETAIL REPORT
FUTURE VALUE @
RECEIPTS	BOND YIELD OF
DATE	DESCRIPTION	(PAYMENTS)	(5.552545%)

06/25/24	Beg	Bal	-206,475.00	-271,516.42	
06/25/24			55,000.00	72,325.48	
06/25/24			30,000.00	39,450.26	
06/25/24			45,000.00	59,175.39	
06/25/24			35,000.00	46,025.30	
06/25/24			25,000.00	32,875.22	
06/25/24			6,250.00	8,218.80	
06/25/24			2,500.00	3,287.52	
06/25/24			1,750.00	2,301.27	
06/28/24			6,125.00	8,050.75	
07/08/24			-150.00	-196.86	
01/22/25			2.64	3.36	
06/25/29	TOTALS:	2.64	0.08		

ISSUE DATE:	06/25/24	
REBATABLE ARBITRAGE:	
0.08			
COMP DATE:	06/25/29	NET INCOME:	2.64			
BOND YIELD: 5.552545%	TAX INV YIELD:	5.682864%			
$5,715,000
Hunt Club Grove Community Development District (City of Lake Wales, Florida)
Special Assessment Bonds, Series 2024 (Assessment Area One)
Rebate Computation Credit

	ARBITRAGE REBATE CALCULATION DETAIL REPORT		
	
RECEIPTS	FUTURE VALUE @ BOND YIELD OF	
DATE	DESCRIPTION	(PAYMENTS)	(5.552545%)	
06/25/25	-2,120.00	-2,639.24	
06/25/29	TOTALS:	-2,120.00	-2,639.24	

ISSUE DATE:	06/25/24	REBATABLE ARBITRAGE: -2,639.24 COMP DATE:	06/25/29
BOND YIELD: 5.552545%

!!"#$%& 9

!!"#$%& "
Hunt Club Grove CDD
Field Management Report

Contracted Services

Hunt Club Grove CDD I Allen Bailey Field Management | abailey@gmscfl.com I 407-460-4424

!!"#$%& "

!!"#$%& i

Summary of Check Register

December 2, 2025 to January 2, 2026

Fund	Date	Check No.'s	Amount	

General Fund	

12/10/25	

81-84	

$	13,748.54	
	12/16/25	85-86	$	17,738.84	
	12/22/25	87-89	$	269,867.99	
		Autodrafts	$	327.27	
		Total:	$	301,682.64	
	
 Supervisor Fees - December 2025  Barry Bichard
Patrick Bonin	

50068	

$	184.70	
	Brent Kewley	50069	$	164.70	
	Adam Morgan	50070	 $	184.70 	
			$	534.10	
		Total Amount	$	302,216.74	

!!"#$%& ii

Hunt Club Grove
Community Development District

Unaudited Financial Reporting
November 30, 2025
Table of Contents

1		Balance Sheet	

2-3	
	General Fund	

4	
	Series 2024 Debt Service Fund	

5	
	Series 2024 Capital Projects Fund	

6	
	Month to Month	

7	
	Long Term Debt Report	

8	
	Assessment Receipt Schedule	
Hunt Club Grove
Community Development District Combined Balance Sheet November 30, 2025

Assets:
Cash:
Operating Cash - 5374	

$	180,174	$	-	

$	

-	$	180,174		
State Board of Administration	$	118,612	$	-	$	-	$	118,612		
Due from General Fund Investments:
Series 2024	$	-	$	5,485	$	-	$	5,485		
Construction	$	-	$	-	$	30,945	$	30,945	
Reserve	$	-	$	195,896	$	-	$	195,896	
Revenue	$	-	$	169,597	$	-	$	169,597	
Total Assets	$	298,786	$	370,979	$	30,945	$	700,710	
Liabilities:
Accounts Payable	

$	12,789	

$	-	

$	-	

$	12,789	
Due to Debt Service	$	5,485	$	-	$	-	$	5,485	
Total Liabilites	$	18,274	$	-	$	-	$	18,274	

Fund Balance:
Restricted:
Series 2024 Capital Projects Fund	

$	-	

$	-	

$	30,945	

$	30,945	
Series 2024 Debt Service Fund	$	-	$	370,979	$	-	$	370,979	
Unassigned	$	280,512	$	-	$	-	$	280,512	
Total Fund Balances	$	280,512	$	370,979	$	30,945	$	682,436	
					
Total Liabilities & Fund Balance	$	298,786	$	370,979	$	30,945	$	700,710	
Hunt Club Grove
Community Development District General Fund
Statement of Revenues, Expenditures, and Changes in Fund Balance
For The Period Ending November 30, 2025

	Adopted	Prorated Budget	Actual						
	Budget	Thru 11/30/25	Thru 11/30/25		Variance				

Revenues:									
Assessments - Tax Roll	$	170,163	$	1,924	$	1,924	$		-			
Assessments - Direct	$	272,180	$	136,091	$	136,091	$		-			
Interest Income	$	-	$	-	$	972	$	972	
Total Revenues	$	442,343	$	138,015	$	138,987	$	972					

Expenditures:									
General & Administrative:									
Supervisor Fees	$	12,000	$	2,000	$	-	$	2,000					
FICA Expenditures	$	918	$	153	$	-	$	153					
Engineering	$	15,000	$	2,500	$	-	$	2,500					
Attorney	$	25,000	$	4,167	$	1,930	$	2,237					
Annual Audit	$	4,950	$	-	$	-	$	-					
Assessment Administration	$	5,500	$	5,500	$	5,500	$	-					
Arbitrage	$	900	$	-	$	-	$	-					
Dissemination	$	6,500	$	1,083	$	917	$	167					
Disclosure Software	$	5,000	$	2,500	$	2,500	$	-					
Trustee Fees	$	13,475	$	3,185	$	3,185	$	-					
Management Fees	$	46,750	$	7,792	$	7,792	$	-					
Information Technology	$	1,980	$	330	$	330	$	0					
Website Maintenance	$	1,320	$	220	$	220	$	-					
Postage & Delivery	$	1,000	$	167	$	10	$	157					
Insurance	$	5,750	$	5,750	$	5,300	$	450					
Copies	$	1,000	$	167	$	-	$	167					
Legal Advertising	$	5,000	$	833	$	-	$	833					
Other Current Charges	$	2,500	$	417	$	56	$	361					
Office Supplies	$	625	$	104	$	0	$	104					
Dues, Licenses & Subscriptions	$	175	$	175	$	175	$	-					
Total General & Administrative	$	155,343	$	37,042	$	27,914	$	9,128					
Hunt Club Grove
Community Development District General Fund
Statement of Revenues, Expenditures, and Changes in Fund Balance
For The Period Ending November 30, 2025

	Adopted	Prorated Budget	Actual		
	Budget	Thru 11/30/25	Thru 11/30/25	Variance	

Operations & Maintenance			
Property Insurance	$	7,500	$	7,500	$	627	$	6,873	
Field Management	$	16,500	$	2,750	$	2,750	$	-	
Landscape Maintenance	$	160,000	$	26,667	$	19,609	$	7,058	
Landscape Replacement	$	2,500	$	417	$	-	$	417	
Irrigation Repairs	$	5,000	$	833	$	1,927	$	(1,094)	
Streetlights	$	45,000	$	7,500	$	-	$	7,500	
Electric	$	5,000	$	833	$	-	$	833	
Water & Sewer	$	10,000	$	1,667	$	1,188	$	479	
Lake Maintenance	$	8,000	$	1,333	$	-	$	1,333	
Sidewalk & Asphalt Maintenance	$	2,500	$	417	$	-	$	417	
General Repairs & Maintenance	$	10,000	$	1,667	$	550	$	1,117	
Field Contingency	$	15,000	$	2,500	$	-	$	2,500	
Total Operations & Maintenance	$	287,000	$	54,083	$	26,651	$	27,432	
			
Total Expenditures	$	442,343	$	91,125	$	54,565	$	36,560	
			
Excess (Deficiency) of Revenues over Expenditures	$	-	$	84,422		
			
Fund Balance - Beginning	$	-	$	196,090		
			
Fund Balance - Ending	$	-	$	280,512		
Hunt Club Grove
Community Development District Series 2024 - Debt Service Fund
Statement of Revenues, Expenditures, and Changes in Fund Balance
For The Period Ending November 30, 2025

	Adopted	Prorated Budget	Actual		
	Budget	Thru 11/30/25	Thru 11/30/25	Variance	

Revenues:				
Assessments	$	391,793	$	4,430	$	4,430	$	-	
Interest	$	8,015	$	1,336	$	2,464	$	1,128	
Total Revenues	$	399,808	$	5,766	$	6,895	$	1,128	

Expenditures:				
Interest - 12/15	$	153,656	$	-	$	-	$	-	
Principal - 6/15	$	85,000	$	-	$	-	$	-	
Interest - 6/15	$	153,656	$	-	$	-	$	-	
Total Expenditures	$	392,313	$	-	$	-	$	-	
				
Excess (Deficiency) of Revenues over Expenditures	$	7,495	$	6,895		

Other Financing Sources/(Uses)				
Transfer In/(Out)	$	-	$	-	$	(1,324)	$	(1,324)	
Total Other Financing Sources (Uses)	$	-	$	-	$	(1,324)	$	(1,324)	
				
Net Change in Fund Balance	$	7,495	$	5,571		
				
Fund Balance - Beginning	$	166,102	$	365,408		
				
Fund Balance - Ending	$	173,598	$	370,979		
Hunt Club Grove
Community Development District Series 2024 - Capital Projects Fund
Statement of Revenues, Expenditures, and Changes in Fund Balance
For The Period Ending November 30, 2025

	Adopted		Prorated Budget	Actual			
		Budget		Thru 11/30/25	Thru 11/30/25	Variance	

Revenues:

Interest	

$		

-	

$	-	

$	227	

$	227	
Total Revenues	$		-	$	-	$	227	$	227	

Expenditures:

Capital Outlay	

$		

-	

$	-	

$	-	

$	-	
Total Expenditures	$		-	$	-	$	-	$	-	
							
Excess (Deficiency) of Revenues over Expenditures	$		-		$	227		

Other Financing Sources/(Uses)

Transfer In/(Out)	

$			

-	$	-	

$	1,324	

$	1,324	
Total Other Financing Sources (Uses)	$			-	$	-	$	1,324	$	1,324	
							
Net Change in Fund Balance	$			-	$	1,551		
							
Fund Balance - Beginning	$		-		$	29,394		
							
Fund Balance - Ending	$		-		$	30,945		
Hunt Club Grove
Community Development District Month to Month

Oct	Nov	Dec	Jan	Feb	March	April	May	June	July	Aug	Sept	Total	

Revenues:

Assessments - Tax Roll	$	-  $	1,924  $	

-  $	

-  $	

-  $	

-  $	

-  $	

-  $	

-  $	

-  $	

-  $		

-  $	1,924	
Assessments - Direct	$	136,091  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $		-  $  136,091	
Interest Income	$	569  $	403  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $		-  $	972	
Total Revenues	$	136,660  $	2,327  $	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$  138,987	

Expenditures:

General & Administrative:

Supervisor Fees FICA Expenditures Engineering Attorney
Annual Audit
Assessment Administration Arbitrage
Dissemination Disclosure Software Trustee Fees Management Fees
Information Technology Website Maintenance Postage & Delivery
Insurance
Printing & Binding Legal Advertising
Other Current Charges Office Supplies
Dues, Licenses & Subscriptions

$	-  $
$	-  $
$	-  $
$	1,423  $
$	-  $
$	5,500  $
$	-  $
$	458  $
$	2,500  $
$	3,185  $
$	3,896  $
$	165  $
$	110  $
$	4  $
$	5,300  $
$	-  $
$	-  $
$	56  $
$	0  $
$	175  $

-  $
-  $
-  $
507  $
-  $
-  $
-  $
458  $
-  $
-  $
3,896  $
165  $
110  $
5  $
-  $
-  $
-  $
-  $
0  $
-  $

-  $	-  $	-  $	-  $
-  $	-  $	-  $	-  $
-  $	-  $	-  $	-  $
-  $	-  $	-  $	-  $
-  $	-  $	-  $	-  $
-  $	-  $	-  $	-  $
-  $	-  $	-  $	-  $
-  $	-  $	-  $	-  $
-  $	-  $	-  $	-  $
-  $	-  $	-  $	-  $
-  $	-  $	-  $	-  $
-  $	-  $	-  $	-  $
-  $	-  $	-  $	-  $
-  $	-  $	-  $	-  $
-  $	-  $	-  $	-  $
-  $	-  $	-  $	-  $
-  $	-  $	-  $	-  $
-  $	-  $	-  $	-  $
-  $	-  $	-  $	-  $
-  $	-  $	-  $	-  $

-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $

-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $

-  $	-
-  $	-
-  $	-
-  $	1,930
-  $	-
-  $	5,500
-  $	-
-  $	917
-  $	2,500
-  $	3,185
-  $	7,792
-  $	330
-  $	220
-  $	10
-  $	5,300
-  $	-
-  $	-
-  $	56
-  $	0
-  $	175

Operations & Maintenance

Property Insurance	$	627	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	627	
Field Management	$	1,375	$	1,375	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	2,750	
Landscape Maintenance	$	9,805	$	9,805	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	19,609	
Landscape Replacement	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-											
Irrigation Repairs	$	1,927	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	1,927											
Streetlights	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-											
Electric	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-											
Water & Sewer	$	1,181	$	7	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	1,188											
Lake Maintenance	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	
Sidewalk & Asphalt Maintenance	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	
General Repairs & Maintenance	$	-	$	550	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	550	
Field Contingency	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-											
Total Operations & Maintenance	$	14,915	$	11,736	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	26,651											
														
Total Expenditures	$	37,687	$	16,878	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	54,565											
														
Excess Revenues (Expenditures)	$	98,973	$	(14,551)	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	84,422											
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
Less: Principal Payment - 6/15/25	($80,000)	
Current Bonds Outstanding	$5,635,000	
HUNT CLUB GROVE CDD
COMMUNITY DEVELOPMENT DISTRICT
Special Assessment Receipts Fiscal Year 2026
ON ROLL ASSESSMENTS

Gross Assessments $ Net Assessments	$
182,971.88  $
170,163.85  $
421,282.78  $
391,792.99  $
604,254.66
561,956.83

30.28%	69.72%	100.00%
Date	Distribution	Gross Amount	Discount/Penalty	Commission	Interest		Net Receipts	General Fund	Debt	Total	

11/21/25	
11/1/25-11/7/25	
$11,461.48	
($458.44)	
($220.06)	
$0.00	
$10,782.98	
$3,265.15	
$7,517.83	
$10,782.98		
11/26/25	11/8/25-11/15/25	$1,715.62	($68.62)	($32.94)	$0.00	$1,614.06	$488.75	$1,125.31	$1,614.06		
11/30/25	1% Admin Fee Adj	($6,042.55)	$0.00	$0.00	$0.00	($6,042.55)	($1,829.72)	($4,212.83)	($6,042.55)		
	TOTAL	$	7,134.55	$	(527.06)  $	(253.00)  $	-	$	6,354.49	$	1,924.18	$	4,430.31	$	6,354.49		

DIRECT BILL ASSESSMENTS

Hunt Club Grove North at Lake Wales LLC 2026-01		
Net Assessments	
$272,181.96	
$272,181.96		
Date
Received	Due
Date	Check
Number	Net
Assessed	Amount
Received	General
Fund	
9/30/25	10/1/25	2538579	$136,090.98	$136,090.98	$136,090.98	
	2/1/26		$68,045.49			
	5/1/26		$68,045.49			
			$	272,181.96	$	136,090.98	$  136,090.98	

!!"#$%& E

!!"#$%& iii

!!"#$%& a)
HUNT CLUB GROVE COMMUNITY DEVELOPMENT DISTRICT SPECIAL ASSESSMENT BONDS, SERIES 2024
(ASSESSMENT AREA ONE)

(Acquisition and Construction)

The undersigned, a Responsible Officer of the Hunt Club Grove Community Development District (the “District”) hereby submits the following requisition for disbursement under and pursuant to the terms of the Master Trust Indenture between the District and U.S. Bank Trust Company, National Association, as trustee (the “Trustee”), dated as of June 1, 2024, as supplemented by that certain First Supplemental Trust Indenture dated as of June 1, 2024 (collectively, the “Indenture”) (all capitalized terms used herein shall have the meaning ascribed to such term in the Indenture):
Requisition Number: 9
Identify Acquisition Agreement, if applicable;
Name of Payee: TraceAir Technologies, Inc.
Amount Payable: $1,990.00
Purpose for which paid or incurred (refer also to specific contract if amount is due and payable pursuant to a contract involving progress payments): Invoice # 26360
- Advanced Scan for Sept 2025
Fund or Account and subaccount, if any, from which disbursement to be made:
Series 2024 Acquisition and Construction Account of the Acquisition and Construction Fund
The undersigned hereby certifies that:
obligations in the stated amount set forth above have been incurred by the District,
each disbursement set forth above is a proper charge against the Series 2024 Acquisition and Construction Account;
each disbursement set forth above was incurred in connection with the Cost of the 2024 Project; and
each disbursement represents a Cost of 2024 Project which has not previously been paid.
The undersigned hereby further certifies that there has not been filed with or served upon the District notice of any lien, right to lien, or attachment upon, or claim affecting the right to receive payment of, any of the moneys payable to the Payee set forth above, which has not been released or will not be released simultaneously with the payment hereof.
The undersigned hereby further certifies that such requ1s1t1on contains no item representing payment on account of any retained percentage which the District is at the date of such certificate entitled to retain.
Originals or copies of the invoice(s) from the vendor of the property acquired or the services rendered with respect to which disbursement is hereby requested are on file with the District.

CONSULTING ENGINEER'S APPROVAL FOR NON-COST OF ISSUANCE
The undersigned Consulting Engineer hereby ce1tifies that this disbursement is for the Cost of the 2024 Project and is consistent with: (i) the Acquisition Agreement; and (ii) the report of the Consulting Engineer, as such report shall have been amended or modified.

??
?E=	

2
INVOICE
TraceAir Technologies, Inc
1700 Westlake Ave N Ste 200 PMB 2001
Seattle, WA 98109

billing@traceair.net
+1 (206) 437-4290
traceair.net

#	Date	Product or service	Description		Qty	Rate	Amount	
1.		Advanced Scan	09/03/25, 09/17/25		2	$995.00	$1,990.00	
				
Total			$1,990.00	

HUNT CLUB GROVE COMMUNITY DEVELOPMENT DISTRICT SPECIAL ASSESSMENT BONDS, SERIES 2024
(ASSESSMENT AREA ONE)

(Acquisition and Construction)

The undersigned, a Responsible Officer of the Hunt Club Grove Community Development District (the “District”) hereby submits the following requisition for disbursement under and pursuant to the terms of the Master Trust Indenture between the District and U.S. Bank Trust Company, National Association, as trustee (the “Trustee”), dated as of June 1, 2024, as supplemented by that certain First Supplemental Trust Indenture dated as of June 1, 2024 (collectively, the “Indenture”) (all capitalized terms used herein shall have the meaning ascribed to such term in the Indenture):
Requisition Number: 10
Identify Acquisition Agreement, if applicable;
Name of Payee: TraceAir Technologies, Inc.
Amount Payable: $2,985.00
Purpose for which paid or incurred (refer also to specific contract if amount is due and payable pursuant to a contract involving progress payments): Invoice # 27222
- Advanced Scan for Oct 2025
Fund or Account and subaccount, if any, from which disbursement to be made:
Series 2024 Acquisition and Construction Account of the Acquisition and Construction Fund
The undersigned hereby certifies that:
obligations in the stated amount set forth above have been incurred by the District,
each disbursement set forth above is a proper charge against the Series 2024 Acquisition and Construction Account;
each disbursement set forth above was incurred in connection with the Cost of the 2024 Project; and
each disbursement represents a Cost of 2024 Project which has not previously been paid.
The undersigned hereby further certifies that there has not been filed with or served upon the District notice of any lien, right to lien, or attachment upon, or claim affecting the right to receive payment of, any of the moneys payable to the Payee set forth above, which has not been released or will not be released simultaneously with the payment hereof.
'Tl.1e t1ndersig11ed l1e1·eby f?L11il1e1· ce1iii1es tl1a.t st1ch 1·eqt1isitio11 co11tai11s 110 ite111 1·ep1?esenti11g pay111ent 011 accot111t of..a11y r·etai11ed perce11tage ,vl1ich t11e Distric·t is at the elate of's11ch cei·tificate e11titled to retai11.

01?igi11als 01· copies of the in·voice(s) ti?o111 tl1e ·ve11dor of the p1·ope1ty acqt1i1·ed 01? the se1?,,ices 1·e11de1?ed witl1 1·espect to vvl1icl1 disbt11·se1nent is l1e1·eby 1?eqLtested are 011 file \.\titl1 the Dist1?ict.
H'UNrf CLUB GR	VE ... tvfrvt •·_.·ITY
DEVELOP•· EN	D S	. ICT

By:

I
I
Date:	Jl
Zi;

J ........

CO•  :N••S.• 'U,	L. • T" .I'NG: • .,E. ' 1 :N... ·G.• . .I. N' E' E:..RJ. • 's' ·.
Lt\.P:PROVAL FOR NON...COST OF ISSUANCE
Tl1e t111de1·signed Co11sL1lti11g Engineer· I1ereby ce1iifies tl1a.t t11,is disbL11?sement is fo1· tI1e C:ost o·f tl1e 2024 P1·oject i:i11d is co11siste11t vvitl1: (i) tl1e Acqt1isitio11 Ag1·ee1nen.t; a11cl (ii) the r·epot?t of tl1e Co11st1ItingE11gi11ee1??as SLtc11 1?epo1"t sha1l l1ave bee11 a1nencled 01· modit1ed.

Consulti11g Engineer·

2
INVOICE
TraceAir Technologies, Inc
1700 Westlake Ave N Ste 200 PMB 2001
Seattle, WA 98109

billing@traceair.net
+1 (206) 437-4290
traceair.net

#	Date	Product or service	Description	Qty	Rate	Amount	
1.		Advanced Scan	10/1/2025, 10/15/2025, 10/29/2025	3	$995.00	$2,985.00	
			
Total			$2,985.00