Hartford Terrace Community Development District Agenda August 15, 2024 AGENDA Hartford Terrace Community Development District 219 East Livingston Street, Orlando, Florida 32801 Phone: 407-841-5524 – Fax: 407-839-1526 May 9, 2024 Board of Supervisors Hartford Terrace Community Development District Dear Board Members: The regular meeting of the Board of Supervisors of Hartford Terrace Community Development District will be held on Thursday, May 16, 2024 at 2:00 PM, or as shortly thereafter as reasonably possible, at 1115 Aloha Blvd., Davenport, Florida 33897. Following is the advance agenda for the meeting: 1. Roll Call 2. Public Comment Period 3. Approval of Minutes of the May 16, 2024 Meeting 4. Approval of Disclosure of Public Financing Report 5. Public Hearing A. Consideration of Resolution 2024-05 Adopting the Fiscal Year 2025 Budget and Relating to the Annual Appropriations B. Consideration of Resolution 2024-06 Imposing Special Assessments and Certifying an Assessment Roll 6. Consideration of Fiscal Year 2025 Direct Collection Agreement 7. Consideration of Uniform Collection Agreement with the Polk County Tax Collector 8. Adoption of District Goals & Objectives 9. Staff Reports A. Attorney B. Engineer C. District Manager’s Report i. Balance Sheet and Income Statement ii. Approval of Funding Requests #32 - #35 iii. Approval of Fiscal Year 2025 Meeting Schedule 10. Other Business 11. Supervisor’s Requests 12. Adjournment The balance of the agenda will be discussed at the meeting. In the meantime, if you should have any questions, please contact me. Sincerely, George Flint George S. Flint District Manager MINUTES MINUTES OF MEETING HARTFORD TERRACE COMMUNITY DEVELOPMENT DISTRICT The regular meeting of the Board of Supervisors of the Hartford Terrace Community Development District was held on Thursday, May 16, 2024 at 2:00 p.m. at 1115 Aloha Blvd., Davenport, Florida. Present and constituting a quorum were: Chris Wrenn Chairman Mary Burns Assistant Secretary Sean Bailey Assistant Secretary Serena Turke Assistant Secretary Also, present were: George Flint District Manager Tom Santos Field Manager Tucker Mackie District Counsel Ryan Dugan District Counsel The following is a summary of the discussions and actions taken at the May 16, 2024 Hartford Terrace Community Development District’s Regular Board of Supervisor’s Meeting. FIRST ORDER OF BUSINESS Roll Call Mr. Flint called the meeting to order. Four Board members were in attendance at the meeting constituting a quorum. SECOND ORDER OF BUSINESS Public Comment Period There were only Board members and staff present at the meeting. THIRD ORDER OF BUSINESS Approval of Minutes of the March 21, 2024 Board of Supervisors Meeting Mr. Flint presented the minutes from the March 21, 2023 Board of Supervisors meeting. He asked for any comments, corrections, or changes. The Board had no changes to the minutes. May 16, 2024 Hartford Terrace CDD 2 On MOTION by Mr. Wrenn, seconded by Ms. Burns, with all in favor, the Minutes of the March 21, 2023 Board of Supervisors Meeting, were approved. FOURTH ORDER OF BUSINESS Financing Matters A. Presentation of Supplemental Assessment Methodology Mr. Flint noted they had just priced the bonds day before yesterday so the Supplemental Methodology was revised and distributed this morning and now reflects the final terms of the bond issue. On page 11 of the report, it shows the average coupon of 5.53%, par amount of $4,675,000, and construction funds $4,123,996 that can be used for acquisition or construction of improvements. It’s a 30-year bond issue and interest is capitalized through November 1, 2024. Debt service reserve is 50% of the max annual debt. The underwriter’s discount is 2%. B. Consideration of Resolution 2024-03 Supplemental Assessment Resolution Mr. Dugan stated this resolution memorializes the final terms of the bonds and sets forth all the steps that have been carried out before today. It finalizes the assessment amounts based on the terms of the bonds and the assessment resolution that George described in the agenda package. It directs District staff to record and notice the assessments which staff can carry out after approval of this resolution. The exhibits to the resolution layout the final numbers for the bonds which are going to close on May 29th. He asked for any questions, if not looking for a motion to approve. On MOTION by Mr. Wrenn, seconded by Ms. Burns, with all in favor, Resolution 2024-03 Supplemental Assessment Resolution, was approved. C. Consideration of Post Issuance Compliance and Remedial Action Procedures Mr. Dugan stated in the agenda package is a procedure that spells out steps and actions that the Board would take to make sure they are satisfying federal law restrictions on the use of bond funds. This is something that happens behind the scenes between District staff. It essentially makes sure that they are not running afoul of federal regulations on how the funds are used. On MOTION by Mr. Wrenn, seconded by Ms. Burns, with all in favor, the Post Issuance Compliance and Remedial Action Procedures, was approved. D. Consideration of Agreement between the District and Disclosure Technology Services, LLC, for Disclosure Dissemination Support Services May 16, 2024 Hartford Terrace CDD 3 Mr. Flint noted this is a company that provides software that facilitates the collection of reporting data for the quarterly annual reporting letter required for the bond issue. In the past, an Excel spreadsheet has been provided to the developer which automates that process. The bond issues basically where FMS is Underwriting, they are asking that this software be used for the reporting. The first-year cost of this is covered out of the cost of issuance and then for subsequent years budgeted in the General Fund. On MOTION by Mr. Wrenn, seconded by Ms. Burns, with all in favor, the Agreement between the District and Disclosure Technology Services, LLC, for Disclosure Dissemination Support Services, was approved. E. Ratification of Acquisition of Completed Improvements Mr. Dugan stated in the agenda are acquisition binders for completed improvements that the District has acquired pursuant to the Acquisition Agreement with the developer. District staff has reviewed and made sure the documentation meets the requirements of the agreement. All of Phase 1 improvements have been acquired with the exception of the sewer improvements. The total acquisition value for these improvements is just under $6M. On MOTION by Mr. Bailey, seconded by Mr. Wrenn, with all in favor, the Acquisition of Completed Improvements, was ratified. F. Consideration of Requisition #1 for Series 2024 Project Mr. Flint stated this is the requisition form that references the total amount of the acquisitions which was the $5,952,000 and indicates it would be that amount or the lesser of the balance in the construction account. Now that the bonds have been priced, they know that the construction account has $4,123,996 so that will be filled in. He asked for any questions on the requisition. Hearing no questions, the next item followed. On MOTION by Mr. Wrenn, seconded by Ms. Burns, with all in favor, Requisition #1 for Series 2024 Project, was approved. FIFTH ORDER OF BUSINESS Consideration of Resolution 2024-04 Approving the Proposed Fiscal Year 2025 Budget and Setting a Public Hearing Mr. Flint recommended the August 15th meeting at 2:00 p.m. in this location for the budget hearing and attached as exhibit A is the proposed budget. The admin budget is contemplated being May 16, 2024 Hartford Terrace CDD 4 funded through assessments on the 517 assessable units at Hartford Terrace. He noted some of the cost estimates will be refined between now and the public hearing. They have been working on developing the initial cost estimates for landscape, etc. On MOTION by Mr. Wrenn, seconded by Ms. Burns, with all in favor, Resolution 2024-04 Approving the Proposed Fiscal Year 2025 Budget and Setting a Public Hearing for August 15th at 2:00 p.m. at this location, was approved. SIXTH ORDER OF BUSINESS Review and Acceptance of Fiscal Year 2023 Audit Report – ADDED Mr. Flint noted the 2023 Audit Report starts on page 185 of the agenda. The management letter had no current or prior year findings or recommendations and determined that the District has complied with the provisions of the Auditor General. On MOTION by Mr. Wrenn, seconded by Ms. Burns, with all in favor, the Fiscal Year 2023 Audit Report, was approved. SEVENTH ORDER OF BUSINESS Staff Reports A. Attorney Mr. Dugan had nothing further to report. Mr. Flint asked for the date of closing. Mr. Dugan noted May 29th is the closing. Ms. Mackie noted they will be sending all of the documents to George and will set up a time to get Chris’s signatures. B. Engineer There being no comments, the next item followed. C. District Manager’s Report i. Balance Sheet and Income Statement Mr. Flint presented the balance and income statements. No action is required. It is developer funded at this point. He offered to answer any questions on the financials. ii. Approval of Funding Requests 30 – 31 Mr. Flint stated Funding Request 30 includes District Counsel, audit, and District Manager and 31 includes District Counsel and District Manager. May 16, 2024 Hartford Terrace CDD 5 On MOTION by Mr. Wrenn, seconded by Ms. Burns, with all in favor, Funding Requests 30-31, were ratified. iii. Presentation of Number of Registered Voters: 0 Mr. Flint stated the Supervisor of Elections indicates there are no registered voters. iv. Designation of November 5, 2024 as Landowners’ Meeting Date Mr. Flint stated there needs to be a Landowner’s meeting this year on the first Tuesday in November so would be November 5th at this location at 2:00 p.m. On MOTION by Mr. Wrenn, seconded by Ms. Burns, with all in favor, Designation of November 5, 2024 as Landowner’s Meeting Date, was approved. EIGHTH ORDER OF BUSINESS Other Business There being no comments, the next item followed. NINTH ORDER OF BUSINESS Supervisor’s Requests There being no comments, the next item followed. TENTH ORDER OF BUSINESS Adjournment On MOTION by Ms. Burns, seconded by Ms. Turke, with all in favor, the meeting was adjourned. __________________________________ Secretary/Assistant Secretary Chairman/Vice Chairman SECTION IV This instrument was prepared by: Tucker F. Mackie, Esq. Kutak Rock LLP 107 West College Ave Tallahassee, Florida 32301 DISCLOSURE OF PUBLIC FINANCE The Hartford Terrace Community Development District (“District”) is a unit of special-purpose local government created pursuant to and existing under the provisions of Chapter 190, Florida Statutes. Under Florida law, community development districts are required to take affirmative steps to provide for the full disclosure of information relating to the public financing and maintenance of improvements to real property undertaken by such districts. The following information is provided to fulfill this statutory requirement. WHAT IS THE DISTRICT AND HOW IS IT GOVERNED? The District is an independent local unit of special purpose government, created pursuant to and existing under the provisions of Chapter 190, Florida Statutes, and established by Ordinance No. 2022-45, which was enacted by the Board of County Commissioners of Polk County, Florida, and which became effective on June 22, 2022. The District currently encompasses approximately 104.25 acres of land located within Polk County, Florida, partially within the City of Haines City, Florida and partially within the City of Davenport. The legal description of the lands encompassed within the District is attached hereto as Exhibit A. As a local unit of special-purpose government, the District provides an alternative means for planning, financing, constructing, operating and maintaining various public improvements and community facilities within its jurisdiction. The District is governed by a five-member Board of Supervisors (“Board”), the members of which are initially elected by landowners within the District and must be at least eighteen (18) years of age, a resident of the State and a citizen of the United States. Upon the later of six (6) years after the District’s establishment and the year when the District next attains at least two hundred fifty (250) qualified electors, Supervisors whose terms are expiring will begin to be elected (as their terms expire) by qualified electors of the District. A qualified elector is a registered voter who is at least eighteen (18) years of age, a resident of the District and the State and a citizen of the United States. At the election where Supervisors are first elected by qualified electors, two Supervisors must be qualified electors and be elected by qualified electors, each elected to four-year terms. The seat of the remaining Supervisor whose term is expiring at such election shall be filled by a Supervisor who is elected by the landowners for a four-year term and who is not required to be a qualified elector. Thereafter, as terms expire, all Supervisors must be qualified electors and must be elected by qualified electors to serve staggered four-year terms. Board meetings are noticed in the local newspaper and are conducted in a public forum in which public participation is permitted. Consistent with Florida’s public records laws, the records of the District are available for public inspection during normal business hours. Board members are similarly bound by the State’s open meetings law and are subject to the same disclosure requirements as other elected officials under the State’s ethics laws. For more information about the District, please visit: http://hartfordterracecdd.com. Alternatively, please contact the District’s Manager, c/o 219 East Livingston Street, Orlando, Florida 32801, telephone (407) 841-5524 (“District Office”). DESCRIPTION OF PROJECTS, BONDS & ASSESSMENTS The District is authorized by Chapter 190, Florida Statutes, to finance, fund, plan, establish, acquire, install, equip, operate, extend, construct, or reconstruct onsite and offsite roadway improvements, potable water, sanitary sewer, reclaimed water, and stormwater management system, landscape, hardscape and irrigation improvements, and other infrastructure projects and services necessitated by the development of, and serving lands within, the District. To finance the construction of such projects, the District is authorized to issue bonds that are secured by special assessments levied against properties within the District that are benefitted by the projects. On October 21, 2022, the Circuit Court of the Tenth Judicial Circuit of Florida, in and for Polk County, entered a Final Judgment validating the District’s ability to issue not to exceed $29,400,000 in Special Assessment Bonds for infrastructure needs of the District. Bonds & Assessments On May 29, 2024, the District issued its $4,675,000 Special Assessment Bonds, Series 2024 (2024 Project Area) (“Series 2024 Bonds”) to finance a portion of its capital improvement plan known as the “2024 Project” (“2024 Project”). The 2024 Project includes, among other things, onsite and offsite roadway improvements, potable water, reclaimed water, and stormwater management system, described in more detail in the Engineer’s Report dated July 5, 2022, as supplemented by the First Supplemental Engineer’s Report for the Hartford Terrace Community Development District dated March 21, 2024 (together, the “Engineer’s Report”). The 2024 Bonds are secured by special assessments (“Series 2024 Assessments”) levied and imposed on benefitted lands within the District. The Assessments are further described in the Master Assessment Methodology for Hartford Terrace Community Development District, dated July 21, 2022, and the First Supplemental Assessment Methodology for the 2024 Project Area for Hartford Terrace Community Development District, dated May 14, 2024 (together, the “Assessment Report”). The District may undertake the construction, acquisition, or installation of other future improvements and facilities, which may be financed by bonds, notes or other methods authorized by Chapter 190, Florida Statutes. For further information, please contact the District’s Manager at 219 East Livingston Street, Orlando, Florida 32801, telephone (407) 841-5524. Operation and Maintenance Assessments In addition to Series 2024 Assessments, the District also imposes on an annual basis operations and maintenance assessments (“O&M Assessments”), which are determined and calculated annually by the Board in order to fund the District’s annual operations and maintenance budget. O&M Assessments are levied against all benefitted lands in the District and may vary from year to year based on the amount of the District’s budget. O&M Assessments may also be affected by the total number of units that ultimately are constructed within the District. The allocation of O&M Assessments is set forth in the resolutions imposing the assessments. Please contact the District Office for more information regarding the allocation of O&M Assessments. Collection Methods For any given fiscal year, the District may elect to collect any special assessment for any lot or parcel by any lawful means. Generally speaking, the District may elect to place a special assessment on that portion of the annual real estate tax bill, entitled “non-ad valorem assessments,” which would then be collected by the Polk County Tax Collector in the same manner as county ad valorem taxes. Alternatively, the District may elect to collect any special assessment by sending a direct bill to a given landowner. The District reserves the right to change collection methods from year to year. For more information, please visit: http://hartfordterracecdd.com. Additionally, a detailed description of all of the District’s assessments, fees and charges, as well as copies of the Engineer’s Report, Assessment Report, and other District records described herein, may be obtained from the registered agent of the District as designated to the Florida Department of Commerce in accordance with Section 189.014, Florida Statutes, or by contacting the District’s Manager, c/o 219 East Livingston Street, Orlando, Florida 32801, telephone (407) 841-5524. Please note that changes to the District’s capital improvement plans and financing plans may affect the information contained herein and all such information is subject to change at any time and without further notice. [THIS SPACE INTENTIONALLY LEFT BLANK] IN WITNESS WHEREOF, the foregoing Disclosure of Public Finance has been executed to be effective as of the ___ day of ________________ 2024. WITNESS By: Name: HARTFORD TERRACE COMMUNITY DEVELOPMENT DISTRICT By: Name: Title: By: Name: STATE OF FLORIDA COUNTY OF _____________ The foregoing instrument was acknowledged before me by means of 0 physical presence or 0 online notarization, this _____ day of _____________ 2024, by _________________________, as _________________ of HARTFORD TERRACE COMMUNITY DEVELOPMENT DISTRICT, who appeared before me this day in person, and who is either personally known to me, or produced ______________________ as identification. (NOTARY SEAL) ____________________________________ NOTARY PUBLIC, STATE OF FLORIDA Name:_____________________________ (Name of Notary Public, Printed, Stamped or Typed as Commissioned) EXHIBIT A: Legal Description of Boundaries of District EXHIBIT A Legal Description of Boundaries of District Tracts 18 through 22 and 28 through 30 and a portion of Tracts 17, 31 and 32 in the Southwest 1/4 of Section 32, Township 26 South, Range 27 East, AND Tracts 3 through 14 and a portion of Tract 2 in the Northwest 1/4 of Section 5, Township 27 South, Range 27 East AND that portion of 30 foot platted Right of Way therein, all lying in FLORIDA DEVELOPMENT CO. TRACT, as recorded in Plat Book 3, Page 60 of the Public Records of Polk County, Florida being more particularly described as follows: BEGIN at the Northeast corner of Tract 22 in the Southwest 1/4 of Section 32, Township 26 South, Range 27 East, FLORIDA DEVELOPMENT CO. TRACT, as recorded in Plat Book 3, Page 60 of the Public Records of Polk County, Florida; thence run S00°15'07"E, a distance of 648.97 feet to the Southeast corner of said Tract 22; thence run S89°58'55"W, a distance of 330.45 feet to the Northeast corner of Tract 28; thence run S00°14'51"E, a distance of 678.69 feet to the Northwest corner of Tract 6 in the Northwest 1/4 of Section 5, Township 27 South, Range 27 East; thence run S89°58'09"E, a distance of 976.56 feet to the Northeast corner of Tract 8; thence run S00°30'40"E, a distance of 1,265.97 feet to a point on the North Right of Way line of Forest Lake Drive; thence along said North Right of Way line the following twelve (12) courses: run S61°35'18"W, a distance of 14.01 feet; thence run S80°17'32"W, a distance of 15.71 feet; thence run S87°57'23"W, a distance of 22.67 feet; thence run S89°43'27"W, a distance of 61.85 feet; thence run S89°55'41"W, a distance of 176.93 feet; thence run N89°45'43"W, a distance of 246.61 feet; thence run N89°24'47"W, a distance of 277.06 feet; thence run S89°55'59"W, a distance of 276.37 feet; thence run N89°19'06"W, a distance of 260.77 feet; thence run N89°23'15"W, a distance of 289.47 feet; thence run N89°20'10"W, a distance of 189.39 feet; thence run N89°04'05"W, a distance of 139.77 feet; thence leaving said North Right of Way line run N00°29'05"W, a distance of 624.32 feet to the Northwest corner of Tract 14; thence run N89°58'23"W, a distance of 117.00 feet; thence run N00°10'08"W, a distance of 1,262.66 feet; thence run S89°49'52"W, a distance of 398.33 feet to a point on the East Right of Way line of State Road 25 (U.S. Highway 27); thence along said East Right of Way line the following three (3) courses: run N00°22'01"W, a distance of 418.77 feet; thence run S89°37'59"W, a distance of 15.00 feet; thence run N00°22'01"W, a distance of 283.96 feet; thence run N89°55'58"E, a distance of 1,849.24 feet to the POINT OF BEGINNING. Containing 104.25 acres, more or less. SECTION V SECTION A RESOLUTION 2024-05 [FY 2025 APPROPRIATION RESOLUTION] THE ANNUAL APPROPRIATION RESOLUTION OF THE HARTFORD TERRACE COMMUNITY DEVELOPMENT DISTRICT (“DISTRICT”) RELATING TO THE ANNUAL APPROPRIATIONS AND ADOPTING THE BUDGET(S) FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2024, AND ENDING SEPTEMBER 30, 2025; AUTHORIZING BUDGET AMENDMENTS; AND PROVIDING AN EFFECTIVE DATE. WHEREAS, for the fiscal year beginning October 1, 2024, and ending September 30, 2025 (“FY 2025”), the District Manager prepared and submitted to the Board of Supervisors (“Board”) of the Hartford Terrace Community Development District (“District”) prior to June 15, 2024, proposed budget(s) (“Proposed Budget”) 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 general-purpose government(s) 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 on the Proposed Budget 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 in accordance with Section 189.016, Florida Statutes; 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. NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE HARTFORD TERRACE COMMUNITY DEVELOPMENT DISTRICT: SECTION 1. BUDGET a. 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. b. 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 Hartford Terrace Community Development District for the Fiscal Year Ending September 30, 2025.” c. The Adopted Budget shall be posted by the District Manager on the District’s official website in accordance with Section 189.016, Florida Statutes and shall remain on the website for at least two (2) years. SECTION 2. APPROPRIATIONS There is hereby appropriated out of the revenues of the District, for FY 2025, the sum(s) set forth in Exhibit A 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 as set forth in Exhibit A. SECTION 3. BUDGET AMENDMENTS Pursuant to Section 189.016, Florida Statutes, the District at any time within FY 2025 or within 60 days following the end of the FY 2025 may amend its Adopted Budget for that fiscal year as follows: a. 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. b. 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. c. 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 this paragraph c. are posted on the District’s website in accordance with Section 189.016, Florida Statutes, and remain on the website for at least two (2) years. SECTION 4. EFFECTIVE DATE. This Resolution shall take effect immediately upon adoption. PASSED AND ADOPTED THIS 15TH DAY OF AUGUST 2024. ATTEST: HARTFORD TERRACE COMMUNITY DEVELOPMENT DISTRICT _____________________________ Secretary / Assistant Secretary Chair/Vice Chair, Board of Supervisors Exhibit A: FY 2025 Budget Community Development District Proposed Budget FY2025 Hartford Terrace 1-2 3-6 7 8 Amortization Schedule - Series 2024 Table of Contents General Fund General Fund Narrative Debt Service Fund - Series 2024 Hartford Terrace Community Development District Proposed Budget General Fund Adopted Actuals Description FBYu2d0g2e4t 6/T3h0r/u24 P3r MoNjoeenxctttehds 9/TT3oh0tra/ul24 PFBrYou2pd0ogs2ee5td ADRseesvveeeslnsomupeeesnr tCs ontributions $$ 1 3 8 , 6 -30 $$ 4 0 , 6 -41 $$ 3 4 , 6 -52 $$ 7 5 , 2 -93 $$ 1 6 7 , 2 -50 Total Revenues $ 138,630 $ 40,641 $ 34,652 $ 75,293 $ 167,250 Expenditures General & Administrative Supervisor Fees 12,000 $ - $ 3,000 $ 3,000 $ 12,000 $ FICA Expense 900 $ - $ 225 $ 225 $ 900 $ Engineering 15,000 $ - $ 3,750 $ 3,750 $ 15,000 $ Attorney 25,000 $ 4,907 $ 6,250 $ 11,157 $ 25,000 $ Annual Audit 4,000 $ 2,900 $ - $ 2,900 $ 4,000 $ Assessment Administration 5,000 $ - $ - $ - $ 5,000 $ Arbitrage 450 $ - $ - $ - $ 450 $ Dissemination 5,000 $ - $ 875 $ 875 $ 5,000 $ Trustee Fees 4,020 $ - $ - $ - $ 4,020 $ Management Fees 40,000 $ 30,000 $ 10,000 $ 40,000 $ 42,500 $ Information Technology 1,800 $ 1,350 $ 450 $ 1,800 $ 1,890 $ Website Maintenance 1,200 $ 900 $ 300 $ 1,200 $ 1,260 $ Telephone 300 $ - $ 75 $ 75 $ 300 $ Postage & Delivery 1,000 $ 11 $ 250 $ 261 $ 1,000 $ Insurance 5,500 $ 5,200 $ - $ 5,200 $ 5,720 $ Printing & Binding 1,000 $ - $ 250 $ 250 $ 1,000 $ Legal Advertising 10,000 $ - $ 2,500 $ 2,500 $ 10,000 $ Other Current Charges 5,000 $ 353 $ 1,250 $ 1,603 $ 5,000 $ Office Supplies 625 $ 1 $ 156 $ 157 $ 625 $ Travel Per Diem 660 $ - $ 165 $ 165 $ 660 $ Dues, Licenses & Subscriptions 175 $ 175 $ - $ 175 $ 175 $ Total General & Administrative: 138,630 $ 45,797 $ 29,496 $ 75,293 $ 141,500 $ 1 Hartford Terrace Community Development District Proposed Budget General Fund Adopted Actuals Description FBYu2d0g2e4t 6/T3h0r/u24 P3r MoNjoeenxctttehds 9/TT3oh0tra/ul24 PFBrYou2pd0ogs2ee5td Operations & Maintenance Field Expenditures Property - $ - $ - $ - $ 10,000 $ Field Management - $ - $ - $ - $ 15,750 $ Field Contingency - $ - $ - $ - $ 10,000 $ Landscape Maintenance - $ - $ - $ - $ 136,000 $ Landscape Replacement - $ - $ - $ - $ 18,000 $ Streetlights - $ - $ - $ - $ 30,000 $ Electric - $ - $ - $ - $ 3,500 $ Water and Sewer - $ - $ - $ - $ 35,000 $ Irrigation Repairs - $ - $ - $ - $ 12,500 $ General Repairs and Maintenance - $ - $ - $ - $ 15,000 $ Total Operations & Maintenance: - $ - $ - $ - $ 25,750 $ Total Expenditures 138,630 $ 45,797 $ 29,496 $ 75,293 $ 167,250 $ Excess Revenues/(Expenditures) - $ (5,156) $ 5,156 $ - $ - $ Product ERU'S Assessable Units ERU/Unit Net Assessment Net Per Unit (7%) Gross Per Unit Townhome 33.6 84 0.4 12,888.99 $ 153.44 $ 164.99 $ Single Family 40' 152.8 191 0.8 58,614.22 $ 306.88 $ 329.98 $ Single Family 50' 204 204 1 78,254.59 $ 383.60 $ 412.47 $ Single Family 60' 45.6 38 1.2 17,492.20 $ 460.32 $ 494.97 $ Total Tax Roll 436 517 167,250 $ 2 Hartford Terrace Community Development District General Fund Budget Revenues: Assessments The District will levy a non-ad valorem special assessment on all taxable property within all General Operating and Maintenance Expenditures for the Fiscal Year. the District, to fund Developer Contributions e Txhpee nDdisitturircets fwoirl lt heen Fteisrc ainl Ytoe aar . funding agreement with the Developer to fund the General Fund Expendi tures: General & Administrative: Supervisor Fees $C4h,a8p0t0e rp 1e9r 0y,e Falro priadiad Stota etuactehs S, ualploewrvsi sfoorr feoarc hth Beo taimrde m deevmobteedr ttoo rDeicsetirvicet $ b2u0s0in peesrs manede tminege, tninogt sto. exceed FICA Expense cRheepcrkess.e nts the Employer’s share of Social Security and Medicare taxes withheld from Board of Supervisor Engineering dTe.ihgre.e acDttietsedtnr bdicyat n'tshc eeen Bagoninader dper ro,e fHp Soaurnpaeteyirocvunit stfoo &rrs A masnosdon cttihhalety eD sbi,o sItanrrcidc pt r mMoevaeindtaiengsge gsre,. nreevraiel wen ignivnoeiecreins ga snedr vviacreiso utos tphreo Djeicsttrsi cats, Attorney BpTrhoeaepr Dadri soatftr iSiocuntp' sfe olrerv gimsaole rcesot auinnngdsse ,t lh,p eCr eoDpbias Ctrroailtceito, Mnp raaonnvadigd ereers.v gieewne roaf l aleggreael mseernvticse, sr etsoo tlhueti Donisst,r eicttc,. ea.gs. daitrteecntdeadn bcey atnhde AoTnnh nea unDa ials nAt rnuiucdati tli sb aresiqsu. ired by Florida Statutes to arrange for an independent audit of its financial records apATsrshsoseeev ssDissdmiaesbste rl nteihtc tepA srdweom ipslileen rrcivtosytincr teawrstaii. tochtn i nto tlheev yD aisntdri catd. mGoinviesrtenrm tehnet aclo lMleacntiaogne mofe nnto nS-eardv ivcaelso r–e mCe natsrsaels sFmloernidt ao, nL LaCll 3 Hartford Terrace Community Development District General Fund Budget ATDrhisbeti rtDircaitsg’tse r Aicrtb witrilalg ceo Rnetrbaactte wLiiatbhi laitny ionnd aenp eanndtiecnipt acteerdt ibfioendd p isusbuliacn caec.c ountant to annually calculate the asTwDenhihrstesivic ceiDhicmpei rsaisnett. r aleaidtctit eo bsinso t norde aq diusdsiriuteaidon ncbaeyl. trGheoepv oSerertcninumgrie trnyet qaauln idMre aEmnxeachngeatsmn fgeoenr Ctu oSnmerramvteiicsdes sbio o–nn Cdtoe in sctsorumael psF.l ylTo hwriisdit ahc,o RLstLu Cilse pb1ra5oscve2idd- 1eu2sp( otbhn)e( a5sne) T Trhues Dteies tFreicets will incur trustee related costs with the issuance of its’ issued bonds. Management Fees p nTArohgetre pe Daelirmmiasettirtinoeictdn tw , ratietlolhc , fe iGinrvoeaevcnsoec rrMidnalaim nrngeea npgtoaearnmlt dsMe ,n aattrnn, anaAngucseaccmlor aiuepunntdtitoii nStnseg ,r eaovtnifcc d.e b sAo-Cadremdni tnrmiaslet rFealtotinirvgieds a,s ,e aLrdLvmCic. ieTnshi saets rs aeptriavvreitc eossfe iarnv cMilcuaedns,ea gbbeuumtd aegrneett p fIaRonnrerfodpo mv rrsimeedesreeaevtstniei ntotrhsgns es,v Ts,pa eAeor cdissohyiotunsbiosvtee lec,om oMpgssayit. cy or iofm sinopfflote rmOmfefaincttieao,t neio ttcne.c Gahnondvo eplorrngomyg rfeoanrmt atmhl eMin Dagin sfaotrgrie cfmrt aseuundct h pS raeosrt vveiiccdeteisoo –n c ,C oaencnfcetorruaenln tFcilinongrg is,d ocalfo,t wLuLdaC rse t,o traabglee ts Website Maintenance sb aRecaecccpuokrrruedipstayesn n,a cetnestdc w.t hfGiiertohe vcw eCorahsnltalsm pm teaeansristn oa1tlce8 iMna9at,a ennFdcal oegwr,e iuimdtpahed nSamttt aeoStsenu,r itdtveooiscrc.ei unTsmg h– ee aCsnneetd n su teprmralvoal iiaFcndletossar, i iinhdnioacns,lg utL idLntehCg e spa inrtDeodi vs pditderoiremcfsto a’tsrih mnew asreeneb ncsseeei wrtaevsa isclcseer,ss ews.a mteebedsn ititsne, Telephone Telephone and fax machine. Postage & Delivery T cohrer eDspisotnridcet nicnec, uertsc . charges for mailing of Board meeting agenda packages, overnight deliveries, Insurance ITnhseu rDainsctrei cAtl’lsi agnecnee (rFaIlA l)i.a FbIiAli tsyp eacnida lipzuesb liinc porfofivciidailn’sg liinasbuilritayn cien scuorvaenrcaeg ec toov egroavgeer nims epnrotavli dageedn bciye st.h e Florida 4 Hartford Terrace Community Development District General Fund Budget Printing & Binding Printing and Binding agenda packages for board meetings, printing of computerized envelopes, etc. checks, stationary, Legal Advertising Ta hnee wDissptaripcet ri so rf egqeunierreadl tcoir acduvlaetriotinse. various notices for monthly Board meetings, public hearings, etc. in BOathnekr cChuarrrgeenst aCnhda ragneys o ther miscellaneous expenses incurred during the year. Office Supplies lA anbye lssu, pppaplieers cthliapts m, eatcy. need to be purchased during the fiscal year, e.g., paper, minute books, file folders, Travel Per Diem bTuhsei nBeosasr.d of Supervisors can be reimbursed for travel expenditures related to the conducting of District Dues, Licenses & Subscriptions Tthhee o Dnilsyt reixcpt eisn sree quunidreedr tthoi sp caayt eagno arnyn fuora lt hfeee D tios ttrhiect F. lorida Department of Commerce for $175. This is Operations & Maintenance: Property Insurance The District’s property insurance coverages. Field Management icRrneoescnppetreirevacsetcei taonsnn tfdsso , rt rmh etehse peeeo tsDitnniidmsgt stra oiwtc eptid trsh ocu pocceoshtrn satt ysro alofa ccwntoondnrestscrr, a amppchteoio nnanignte ods cre lairanlvklgsiec oa emnfs ud att ihenilamtitte yapn iraalsocn.cv c oi edu. eSn eotsrn,v saiicttteees fn icedal ndB oimnacarldnu admgeee omenteisnnigttes o af nd Field Contingency Rfite pinrteos eanntys ffiuenldd csa atlelogocartye. d to expenses that the District could incur throughout the fiscal year that do not L iRnaesnptdarelslcsaaetpinoetns M tohaf eilna etnsedtnisamcnaacpteee d m maateinritaeln haansc be eoefn t hceo mlapnldestceadp. i ng within the common areas of the District after the 5 Hartford Terrace Community Development District General Fund Budget LRaenpdrescsaepnets R tehpel aecsetimmeantte d cost of replacing landscaping within the common areas of the District. Streetlights rTehset rDicitsetdr itcot mmaaiyn ahratveeri aelx rpoeanddsi tourr iens sroemlaet icnags etso t os tarlel esttlriegehttlsi gthhtrso wuigthhoinu tt hteh De isctormicmt’su bnoituyn. dTahreiesse. may be Electric Represents current and estimated electric charges of common areas throughout the District. Water & Sewer tRheep Dreissternictst. c urrent and estimated costs for water and refuse services provided for common areas throughout Irrigation Repairs iRreripgraetsioennt ws ethlles. cost of maintaining and repairing the irrigation system. This includes the sprinklers, and GReenperreasle Rntesp aesirtsim &a Mteadi nctoesntas nfocer general repairs and maintenance of the District’s common areas. 6 Proposed Actuals Projected Description FBYu2d0g2e4t 6/T3h0r/u24 3 MNeoxntths P9r/To3jhe0rc/ut2e4d PFBrYou2pd0og2see5td CARsaesrveresyns Fmuoeersnwtasr d Surplus $$ -- $$ -- $$ -- $$ -- $$ 130206,,680667 Total Revenues $ - $ - $ - $ - $ 427,473 Expenses IIPnnrttineerrceeipssatt -l- 1-0 105/5/0/01011 $$$ --- $$$ --- $$$ --- $$$ --- $$$ 11 026665,,,360160670 Total Expenditures $ - $ - $ - $ - $ 297,982 Other Financing Sources/(Uses) Bond Proceeds $ - $ 267,070 $ - $ 267,070 $ - Total Other Financing Sources/(Uses) $ - $ 267,070 $ - $ 267,070 $ - Excess Revenues/(Expenditures) $ - $ 267,070 $ - $ 267,070 $ 129,490 *Carry forward less amount in Reserve funds. Series 2024 Interest - 11/01/25 $124,853 Product Assessable Units Net Assessment Net Per Unit Gross Per Unit SSSiiinnngggllleee FFFaaammmiiilllyyy 456000''' 11210546 $$$11334289,,,727379538 $$$111,,,333000999...444111 $$$111,,,444000777...999777 Total ERU's 245 $320,806 Hartford Terrace Community Development District Proposed Budget Debt Service Fund Series 2024 7 Hartford Terrace Community Development District Series 2024 Special Assessment Bonds Amortization Schedule DATE BALANCE PRINCIPAL INTEREST TOTAL 11/01/24 4,675,000.00 $ - $ 106,666.53 $ 106,666.53 $ 05/01/25 4,675,000.00 $ 65,000.00 $ 126,315.63 $ 11/01/25 4,610,000.00 $ 124,853.13 $ 316,168.76 $ 05/01/26 4,610,000.00 $ 70,000.00 $ 124,853.13 $ 11/01/26 4,540,000.00 $ 123,278.13 $ 318,131.26 $ 05/01/27 4,540,000.00 $ 75,000.00 $ 123,278.13 $ 11/01/27 4,465,000.00 $ 121,590.63 $ 319,868.76 $ 05/01/28 4,465,000.00 $ 75,000.00 $ 121,590.63 $ 11/01/28 4,390,000.00 $ 119,903.13 $ 316,493.76 $ 05/01/29 4,390,000.00 $ 80,000.00 $ 119,903.13 $ 11/01/29 4,310,000.00 $ 118,103.13 $ 318,006.26 $ 05/01/30 4,310,000.00 $ 85,000.00 $ 118,103.13 $ 11/01/30 4,225,000.00 $ 116,190.63 $ 319,293.76 $ 05/01/31 4,225,000.00 $ 90,000.00 $ 116,190.63 $ 11/01/31 4,135,000.00 $ 114,165.63 $ 320,356.26 $ 05/01/32 4,135,000.00 $ 90,000.00 $ 114,165.63 $ 11/01/32 4,045,000.00 $ 111,746.88 $ 315,912.51 $ 05/01/33 4,045,000.00 $ 100,000.00 $ 111,746.88 $ 11/01/33 3,945,000.00 $ 109,059.38 $ 320,806.26 $ 05/01/34 3,945,000.00 $ 105,000.00 $ 109,059.38 $ 11/01/34 3,840,000.00 $ 106,237.50 $ 320,296.88 $ 05/01/35 3,840,000.00 $ 110,000.00 $ 106,237.50 $ 11/01/35 3,730,000.00 $ 103,281.25 $ 319,518.75 $ 05/01/36 3,730,000.00 $ 115,000.00 $ 103,281.25 $ 11/01/36 3,615,000.00 $ 100,190.63 $ 318,471.88 $ 05/01/37 3,615,000.00 $ 120,000.00 $ 100,190.63 $ 11/01/37 3,495,000.00 $ 96,965.63 $ 317,156.26 $ 05/01/38 3,495,000.00 $ 130,000.00 $ 96,965.63 $ 11/01/38 3,365,000.00 $ 93,471.88 $ 320,437.51 $ 05/01/39 3,365,000.00 $ 135,000.00 $ 93,471.88 $ 11/01/39 3,230,000.00 $ 89,843.75 $ 318,315.63 $ 05/01/40 3,230,000.00 $ 145,000.00 $ 89,843.75 $ 11/01/40 3,085,000.00 $ 85,946.88 $ 320,790.63 $ 05/01/41 3,085,000.00 $ 150,000.00 $ 85,946.88 $ 11/01/41 2,935,000.00 $ 81,915.63 $ 317,862.51 $ 05/01/42 2,935,000.00 $ 160,000.00 $ 81,915.63 $ 11/01/42 2,775,000.00 $ 77,615.63 $ 319,531.26 $ 05/01/43 2,775,000.00 $ 170,000.00 $ 77,615.63 $ 11/01/43 2,605,000.00 $ 73,046.88 $ 320,662.51 $ 05/01/44 2,605,000.00 $ 175,000.00 $ 73,046.88 $ 11/01/44 2,430,000.00 $ 68,343.75 $ 316,390.63 $ 05/01/45 2,430,000.00 $ 185,000.00 $ 68,343.75 $ 11/01/45 2,245,000.00 $ 63,140.63 $ 316,484.38 $ 05/01/46 2,245,000.00 $ 195,000.00 $ 63,140.63 $ 11/01/46 2,050,000.00 $ 57,656.25 $ 315,796.88 $ 05/01/47 2,050,000.00 $ 210,000.00 $ 57,656.25 $ 11/01/47 1,840,000.00 $ 51,750.00 $ 319,406.25 $ 05/01/48 1,840,000.00 $ 220,000.00 $ 51,750.00 $ 11/01/48 1,620,000.00 $ 45,562.50 $ 317,312.50 $ 05/01/49 1,620,000.00 $ 235,000.00 $ 45,562.50 $ 11/01/49 1,385,000.00 $ 38,953.13 $ 319,515.63 $ 05/01/50 1,385,000.00 $ 245,000.00 $ 38,953.13 $ 11/01/50 1,140,000.00 $ 32,062.50 $ 316,015.63 $ 05/01/51 1,140,000.00 $ 260,000.00 $ 32,062.50 $ 11/01/51 880,000.00 $ - $ 24,750.00 $ 316,812.50 $ 05/01/52 880,000.00 $ 275,000.00 $ 24,750.00 $ 11/01/52 605,000.00 $ 17,015.63 $ 316,765.63 $ 05/01/53 605,000.00 $ 295,000.00 $ 17,015.63 $ 11/01/53 310,000.00 $ 8,718.75 $ 320,734.38 $ 05/01/54 310,000.00 $ 310,000.00 $ 8,718.75 $ 318,718.75 $ 11/01/54 4,675,000.00 $ 4,983,701.10 $ 9,658,701.10 $ 8 SECTION B RESOLUTION 2024-06 [FY 2025 ASSESSMENT RESOLUTION] A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE HARTFORD TERRACE COMMUNITY DEVELOPMENT DISTRICT PROVIDING FOR FUNDING FOR THE FY 2025 ADOPTED BUDGET(S); 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 Hartford Terrace 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, 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, for the fiscal year beginning October 1, 2024, and ending September 30, 2025 (“FY 2025”), the Board of Supervisors (“Board”) of the District has determined to undertake various operations and maintenance and other activities described in the District’s budget (“Adopted Budget”), attached hereto as Exhibit A; and WHEREAS, pursuant to Chapter 190, Florida Statutes, the District may fund the Adopted Budget through the levy and imposition of special assessments on benefitted lands within the District and, regardless of the imposition method utilized by the District, under Florida law the District may collect such assessments by direct bill, tax roll, or in accordance with other collection measures provided by law; and WHEREAS, in order to fund the District’s Adopted Budget, the District’s Board now desires to adopt this Resolution setting forth the means by which the District intends to fund its Adopted Budget. NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE HARTFORD TERRACE COMMUNITY DEVELOPMENT DISTRICT: 1. FUNDING. The District’s Board hereby authorizes the funding mechanisms for the Adopted Budget as provided further herein and as indicated in the Adopted Budget attached hereto as Exhibit A and the assessment roll attached hereto as Exhibit B (“Assessment Roll”). 2. OPERATIONS AND MAINTENANCE ASSESSMENTS. a. Benefit 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 Exhibit A and Exhibit B and is hereby found to be fair and reasonable. b. O&M Assessment Imposition. Pursuant to Chapter 190, Florida Statutes, a special assessment for operations and maintenance (“O&M Assessment(s)”) is hereby levied and imposed on benefitted lands within the District and in accordance with Exhibit A and Exhibit B. The lien of the O&M Assessments imposed and levied by this Resolution shall be effective upon passage of this Resolution. c. Maximum Rate. Pursuant to Section 197.3632(4), Florida Statutes, the lien amount shall serve as the “maximum rate” authorized by law for operation and maintenance assessments. 3. DEBT SERVICE SPECIAL ASSESSMENTS. The District’s Board hereby certifies for collection the FY 2025 installment of the District’s previously levied debt service special assessments (“Debt Assessments,” and together with the O&M Assessments, the “Assessments”) in accordance with this Resolution and as further set forth in Exhibit A and Exhibit B, and hereby directs District staff to affect the collection of the same. 4. COLLECTION AND ENFORCEMENT; PENALTIES; INTEREST. Pursuant to Chapter 190, Florida Statutes, the District is authorized to collect and enforce the Assessments as set forth below. a. Tax Roll Assessments. As indicated in Exhibit A and Exhibit B, those certain O&M Assessments and Debt Assessments imposed on the “Tax Roll Property” identified in Exhibit B shall be collected by the County Tax Collector at the same time and in the same manner as County property taxes in accordance with Chapter 197, Florida Statutes (“Uniform Method”). 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 property taxes. The District’s Board finds and determines that such collection method is an efficient method of collection for the Tax Roll Property. b. Direct Bill Assessments. As indicated in Exhibit A and Exhibit B, those certain O&M Assessments imposed on “Direct Collect Property” identified in Exhibit B shall be collected directly by the District in accordance with Florida law, as set forth in Exhibit A and Exhibit B. The District’s Board finds and determines that such collection method is an efficient method of collection for the Direct Collect Property. i. Due Date (O&M Assessments). O&M Assessments directly collected by the District shall be due and payable in full on December 1, 2024; provided, however, that, to the extent permitted by law, the O&M 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. ii. In the event that an Assessment payment is not made in accordance with the schedule(s) stated above, the whole of such Assessment, including any remaining partial, deferred payments for the Fiscal Year: 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. c. Future Collection Methods. The District’s decision to collect 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. 5. ASSESSMENT ROLL; AMENDMENTS. The Assessment Roll, attached hereto as Exhibit B, is hereby certified for collection. The Assessment Roll shall be collected pursuant to the collection methods provided above. The proceeds therefrom shall be paid to the District. 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. 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. 7. EFFECTIVE DATE. This Resolution shall take effect upon the passage and adoption of this Resolution by the Board. PASSED AND ADOPTED this 15th day of August 2024. ATTEST: HARTFORD TERRACE COMMUNITY DEVELOPMENT DISTRICT _____________________________ By: Secretary / Assistant Secretary Its: Exhibit A: Budget Exhibit B: Assessment Roll – Tax Roll Property Assessment Roll – Direct Collect Property Hartford Terrace CDD FY 25 Roll PARCEL ID UNITS TYPE FY25 O&M SERIES 2024 DEBT TOTAL 272705726015001550 1 40 $329.98 $1,407.97 $1,737.95 272705726015001660 1 40 $329.98 $1,407.97 $1,737.95 272705726015001670 1 50 $412.47 $1,407.97 $1,820.44 272705726015001680 1 50 $412.47 $1,407.97 $1,820.44 272705726015001690 1 50 $412.47 $1,407.97 $1,820.44 272705726015001700 1 60 $494.97 $1,407.97 $1,902.94 272705726015001710 1 60 $494.97 $1,407.97 $1,902.94 272705726015001720 1 60 $494.97 $1,407.97 $1,902.94 272705726015001730 1 60 $494.97 $1,407.97 $1,902.94 272705726015001740 1 60 $494.97 $1,407.97 $1,902.94 272705726015001750 1 60 $494.97 $1,407.97 $1,902.94 272705726015001760 1 60 $494.97 $1,407.97 $1,902.94 272705726015001770 1 50 $412.47 $1,407.97 $1,820.44 272705726015001780 1 50 $412.47 $1,407.97 $1,820.44 272705726015001790 1 40 $329.98 $1,407.97 $1,737.95 272705726015001800 1 40 $329.98 $1,407.97 $1,737.95 272705726015001810 1 40 $329.98 $1,407.97 $1,737.95 272705726015001820 1 40 $329.98 $1,407.97 $1,737.95 272705726015001830 1 40 $329.98 $1,407.97 $1,737.95 272705726015001840 1 40 $329.98 $1,407.97 $1,737.95 272705726015001850 1 40 $329.98 $1,407.97 $1,737.95 272705726015001860 1 40 $329.98 $1,407.97 $1,737.95 272705726015001870 1 40 $329.98 $1,407.97 $1,737.95 272705726015001880 1 40 $329.98 $1,407.97 $1,737.95 272705726015001890 1 50 $412.47 $1,407.97 $1,820.44 272705726015001900 1 50 $412.47 $1,407.97 $1,820.44 272705726015001910 1 50 $412.47 $1,407.97 $1,820.44 272705726015001920 1 50 $412.47 $1,407.97 $1,820.44 272705726015001930 1 50 $412.47 $1,407.97 $1,820.44 272705726015001940 1 40 $329.98 $1,407.97 $1,737.95 272705726015001950 1 40 $329.98 $1,407.97 $1,737.95 272705726015001960 1 40 $329.98 $1,407.97 $1,737.95 272705726015001970 1 40 $329.98 $1,407.97 $1,737.95 272705726015001980 1 40 $329.98 $1,407.97 $1,737.95 272705726015001990 1 50 $412.47 $1,407.97 $1,820.44 272705726015002000 1 50 $412.47 $1,407.97 $1,820.44 272705726015002010 1 50 $412.47 $1,407.97 $1,820.44 Exhibit B PARCEL ID UNITS TYPE FY25 O&M SERIES 2024 DEBT TOTAL 272705726015002020 1 50 $412.47 $1,407.97 $1,820.44 272705726015002030 1 50 $412.47 $1,407.97 $1,820.44 272705726015002040 1 50 $412.47 $1,407.97 $1,820.44 272705726015002050 1 50 $412.47 $1,407.97 $1,820.44 272705726015002060 1 50 $412.47 $1,407.97 $1,820.44 272705726015002070 1 50 $412.47 $1,407.97 $1,820.44 272705726015002080 1 50 $412.47 $1,407.97 $1,820.44 272705726015002090 1 50 $412.47 $1,407.97 $1,820.44 272705726015002100 1 50 $412.47 $1,407.97 $1,820.44 272705726015002110 1 50 $412.47 $1,407.97 $1,820.44 272705726015002120 1 50 $412.47 $1,407.97 $1,820.44 272705726015002130 1 50 $412.47 $1,407.97 $1,820.44 272705726015002140 1 50 $412.47 $1,407.97 $1,820.44 272705726015002150 1 50 $412.47 $1,407.97 $1,820.44 272705726015002160 1 50 $412.47 $1,407.97 $1,820.44 272705726015002170 1 50 $412.47 $1,407.97 $1,820.44 272705726015002180 1 50 $412.47 $1,407.97 $1,820.44 272705726015002240 1 40 $329.98 $1,407.97 $1,737.95 272705726015002250 1 40 $329.98 $1,407.97 $1,737.95 272705726015002260 1 50 $412.47 $1,407.97 $1,820.44 272705726015002270 1 50 $412.47 $1,407.97 $1,820.44 272705726015002280 1 50 $412.47 $1,407.97 $1,820.44 272705726015002290 1 50 $412.47 $1,407.97 $1,820.44 272705726015002300 1 50 $412.47 $1,407.97 $1,820.44 272705726015002310 1 50 $412.47 $1,407.97 $1,820.44 272705726015002320 1 50 $412.47 $1,407.97 $1,820.44 272705726015002330 1 50 $412.47 $1,407.97 $1,820.44 272705726015002340 1 50 $412.47 $1,407.97 $1,820.44 272705726015002350 1 50 $412.47 $1,407.97 $1,820.44 272705726015002360 1 50 $412.47 $1,407.97 $1,820.44 272705726015002370 1 50 $412.47 $1,407.97 $1,820.44 272705726015002380 1 40 $329.98 $1,407.97 $1,737.95 272705726015002390 1 40 $329.98 $1,407.97 $1,737.95 272705726015002400 1 40 $329.98 $1,407.97 $1,737.95 272705726015002410 1 40 $329.98 $1,407.97 $1,737.95 272705726015002480 1 40 $329.98 $1,407.97 $1,737.95 272705726015002490 1 40 $329.98 $1,407.97 $1,737.95 272705726015002500 1 40 $329.98 $1,407.97 $1,737.95 272705726015002510 1 40 $329.98 $1,407.97 $1,737.95 272705726015002520 1 40 $329.98 $1,407.97 $1,737.95 272705726015002530 1 40 $329.98 $1,407.97 $1,737.95 PARCEL ID UNITS TYPE FY25 O&M SERIES 2024 DEBT TOTAL 272705726015002540 1 40 $329.98 $1,407.97 $1,737.95 272705726015002550 1 40 $329.98 $1,407.97 $1,737.95 272705726015002560 1 40 $329.98 $1,407.97 $1,737.95 272705726015002570 1 40 $329.98 $1,407.97 $1,737.95 272705726015002580 1 40 $329.98 $1,407.97 $1,737.95 272705726015002590 1 40 $329.98 $1,407.97 $1,737.95 272705726015002600 1 50 $412.47 $1,407.97 $1,820.44 272705726015002610 1 50 $412.47 $1,407.97 $1,820.44 272705726015002620 1 50 $412.47 $1,407.97 $1,820.44 272705726015002630 1 50 $412.47 $1,407.97 $1,820.44 272705726015002640 1 50 $412.47 $1,407.97 $1,820.44 272705726015002650 1 50 $412.47 $1,407.97 $1,820.44 272705726015002660 1 40 $329.98 $1,407.97 $1,737.95 272705726015002670 1 40 $329.98 $1,407.97 $1,737.95 272705726015002680 1 40 $329.98 $1,407.97 $1,737.95 272705726015002690 1 40 $329.98 $1,407.97 $1,737.95 272705726015002700 1 40 $329.98 $1,407.97 $1,737.95 272705726015002710 1 40 $329.98 $1,407.97 $1,737.95 272705726015002720 1 40 $329.98 $1,407.97 $1,737.95 272705726015002730 1 40 $329.98 $1,407.97 $1,737.95 272705726015002740 1 40 $329.98 $1,407.97 $1,737.95 272705726015002750 1 40 $329.98 $1,407.97 $1,737.95 272705726015002760 1 40 $329.98 $1,407.97 $1,737.95 272705726015002770 1 40 $329.98 $1,407.97 $1,737.95 272705726015002780 1 40 $329.98 $1,407.97 $1,737.95 272705726015002790 1 40 $329.98 $1,407.97 $1,737.95 272705726015002800 1 40 $329.98 $1,407.97 $1,737.95 272705726015002910 1 40 $329.98 $1,407.97 $1,737.95 272705726015002920 1 40 $329.98 $1,407.97 $1,737.95 272705726015002930 1 40 $329.98 $1,407.97 $1,737.95 272705726015002940 1 40 $329.98 $1,407.97 $1,737.95 272705726015002950 1 40 $329.98 $1,407.97 $1,737.95 272705726015002960 1 40 $329.98 $1,407.97 $1,737.95 272705726015002970 1 40 $329.98 $1,407.97 $1,737.95 272705726015002980 1 40 $329.98 $1,407.97 $1,737.95 272705726015002990 1 40 $329.98 $1,407.97 $1,737.95 272705726015003000 1 40 $329.98 $1,407.97 $1,737.95 272705726015003010 1 40 $329.98 $1,407.97 $1,737.95 272705726015003020 1 40 $329.98 $1,407.97 $1,737.95 272705726015003030 1 40 $329.98 $1,407.97 $1,737.95 272705726015003040 1 40 $329.98 $1,407.97 $1,737.95 PARCEL ID UNITS TYPE FY25 O&M SERIES 2024 DEBT TOTAL 272705726015003050 1 40 $329.98 $1,407.97 $1,737.95 272705726015003060 1 50 $412.47 $1,407.97 $1,820.44 272705726015003070 1 50 $412.47 $1,407.97 $1,820.44 272705726015003080 1 50 $412.47 $1,407.97 $1,820.44 272705726015003090 1 50 $412.47 $1,407.97 $1,820.44 272705726015003100 1 40 $329.98 $1,407.97 $1,737.95 272705726015003110 1 40 $329.98 $1,407.97 $1,737.95 272705726015003120 1 40 $329.98 $1,407.97 $1,737.95 272705726015003130 1 40 $329.98 $1,407.97 $1,737.95 272705726015003140 1 40 $329.98 $1,407.97 $1,737.95 272705726015003150 1 40 $329.98 $1,407.97 $1,737.95 272705726015003160 1 40 $329.98 $1,407.97 $1,737.95 272705726015003170 1 40 $329.98 $1,407.97 $1,737.95 272705726015003180 1 40 $329.98 $1,407.97 $1,737.95 272705726015003190 1 40 $329.98 $1,407.97 $1,737.95 272705726015003200 1 40 $329.98 $1,407.97 $1,737.95 272705726015003210 1 40 $329.98 $1,407.97 $1,737.95 272705726015003220 1 40 $329.98 $1,407.97 $1,737.95 272705726015003230 1 40 $329.98 $1,407.97 $1,737.95 272705726015003240 1 40 $329.98 $1,407.97 $1,737.95 272705726015003250 1 40 $329.98 $1,407.97 $1,737.95 272705726015003260 1 40 $329.98 $1,407.97 $1,737.95 272705726015003270 1 40 $329.98 $1,407.97 $1,737.95 272705726015003280 1 40 $329.98 $1,407.97 $1,737.95 272705726015003290 1 40 $329.98 $1,407.97 $1,737.95 272705726015003300 1 40 $329.98 $1,407.97 $1,737.95 272705726015003310 1 40 $329.98 $1,407.97 $1,737.95 272705726015003320 1 40 $329.98 $1,407.97 $1,737.95 272705726015003330 1 40 $329.98 $1,407.97 $1,737.95 272705726015003340 1 40 $329.98 $1,407.97 $1,737.95 272705726015003350 1 50 $412.47 $1,407.97 $1,820.44 272705726015003360 1 50 $412.47 $1,407.97 $1,820.44 272705726015003370 1 50 $412.47 $1,407.97 $1,820.44 272705726015003380 1 50 $412.47 $1,407.97 $1,820.44 272705726015003390 1 40 $329.98 $1,407.97 $1,737.95 272705726015003400 1 40 $329.98 $1,407.97 $1,737.95 272705726015003410 1 40 $329.98 $1,407.97 $1,737.95 272705726015003420 1 40 $329.98 $1,407.97 $1,737.95 272705726015003430 1 40 $329.98 $1,407.97 $1,737.95 272705726015003440 1 40 $329.98 $1,407.97 $1,737.95 272705726015003450 1 40 $329.98 $1,407.97 $1,737.95 PARCEL ID UNITS TYPE FY25 O&M SERIES 2024 DEBT TOTAL 272705726015003460 1 40 $329.98 $1,407.97 $1,737.95 272705726015003470 1 40 $329.98 $1,407.97 $1,737.95 272705726015003480 1 40 $329.98 $1,407.97 $1,737.95 272705726015003490 1 40 $329.98 $1,407.97 $1,737.95 272705726015003500 1 40 $329.98 $1,407.97 $1,737.95 272705726015003510 1 50 $412.47 $1,407.97 $1,820.44 272705726015003520 1 50 $412.47 $1,407.97 $1,820.44 272705726015003530 1 50 $412.47 $1,407.97 $1,820.44 272705726015003540 1 50 $412.47 $1,407.97 $1,820.44 272705726015003550 1 50 $412.47 $1,407.97 $1,820.44 272705726015003560 1 50 $412.47 $1,407.97 $1,820.44 272705726015003570 1 50 $412.47 $1,407.97 $1,820.44 272705726015003580 1 50 $412.47 $1,407.97 $1,820.44 272705726015003590 1 50 $412.47 $1,407.97 $1,820.44 272705726015003600 1 50 $412.47 $1,407.97 $1,820.44 272705726015003610 1 50 $412.47 $1,407.97 $1,820.44 272705726015003620 1 50 $412.47 $1,407.97 $1,820.44 272705726015003630 1 50 $412.47 $1,407.97 $1,820.44 272705726015003640 1 50 $412.47 $1,407.97 $1,820.44 272705726015003650 1 50 $412.47 $1,407.97 $1,820.44 272705726015003660 1 50 $412.47 $1,407.97 $1,820.44 272705726015003670 1 50 $412.47 $1,407.97 $1,820.44 272705726015003680 1 50 $412.47 $1,407.97 $1,820.44 272705726015003690 1 50 $412.47 $1,407.97 $1,820.44 272705726015003700 1 50 $412.47 $1,407.97 $1,820.44 272705726015003710 1 50 $412.47 $1,407.97 $1,820.44 272705726015003720 1 50 $412.47 $1,407.97 $1,820.44 272705726015003730 1 50 $412.47 $1,407.97 $1,820.44 272705726015003740 1 50 $412.47 $1,407.97 $1,820.44 272705726015003750 1 40 $329.98 $1,407.97 $1,737.95 272705726015003760 1 40 $329.98 $1,407.97 $1,737.95 272705726015003770 1 40 $329.98 $1,407.97 $1,737.95 272705726015003780 1 40 $329.98 $1,407.97 $1,737.95 272705726015003790 1 40 $329.98 $1,407.97 $1,737.95 272705726015003800 1 40 $329.98 $1,407.97 $1,737.95 272705726015003810 1 40 $329.98 $1,407.97 $1,737.95 272705726015003850 1 40 $329.98 $1,407.97 $1,737.95 272705726015003860 1 40 $329.98 $1,407.97 $1,737.95 272705726015003870 1 40 $329.98 $1,407.97 $1,737.95 272705726015003880 1 40 $329.98 $1,407.97 $1,737.95 272705726015003890 1 40 $329.98 $1,407.97 $1,737.95 PARCEL ID UNITS TYPE FY25 O&M SERIES 2024 DEBT TOTAL 272705726015003900 1 50 $412.47 $1,407.97 $1,820.44 272705726015003910 1 50 $412.47 $1,407.97 $1,820.44 272705726015003920 1 50 $412.47 $1,407.97 $1,820.44 272705726015003930 1 50 $412.47 $1,407.97 $1,820.44 272705726015003940 1 50 $412.47 $1,407.97 $1,820.44 272705726015003950 1 50 $412.47 $1,407.97 $1,820.44 272705726015003960 1 50 $412.47 $1,407.97 $1,820.44 272705726015003970 1 50 $412.47 $1,407.97 $1,820.44 272705726015003980 1 50 $412.47 $1,407.97 $1,820.44 272705726015003990 1 50 $412.47 $1,407.97 $1,820.44 272705726015004000 1 60 $494.97 $1,407.97 $1,902.94 272705726015004010 1 60 $494.97 $1,407.97 $1,902.94 272705726015004020 1 60 $494.97 $1,407.97 $1,902.94 272705726015004030 1 60 $494.97 $1,407.97 $1,902.94 272705726015004040 1 60 $494.97 $1,407.97 $1,902.94 272705726015004050 1 60 $494.97 $1,407.97 $1,902.94 272705726015004060 1 60 $494.97 $1,407.97 $1,902.94 272705726015004070 1 60 $494.97 $1,407.97 $1,902.94 272705726015004080 1 60 $494.97 $1,407.97 $1,902.94 272705726015004090 1 60 $494.97 $1,407.97 $1,902.94 272705726015004100 1 60 $494.97 $1,407.97 $1,902.94 272705726015004110 1 60 $494.97 $1,407.97 $1,902.94 272705726015004120 1 60 $494.97 $1,407.97 $1,902.94 272705726015004130 1 60 $494.97 $1,407.97 $1,902.94 272705726015004140 1 60 $494.97 $1,407.97 $1,902.94 272705726015004150 1 60 $494.97 $1,407.97 $1,902.94 272705726015004160 1 50 $412.47 $1,407.97 $1,820.44 272705726015004170 1 50 $412.47 $1,407.97 $1,820.44 272705726015004180 1 50 $412.47 $1,407.97 $1,820.44 272705726015004190 1 50 $412.47 $1,407.97 $1,820.44 272705726015004200 1 50 $412.47 $1,407.97 $1,820.44 272705726015004210 1 50 $412.47 $1,407.97 $1,820.44 272705726015004220 1 50 $412.47 $1,407.97 $1,820.44 272705726015004230 1 50 $412.47 $1,407.97 $1,820.44 272705726015004240 1 50 $412.47 $1,407.97 $1,820.44 272705726015004250 1 50 $412.47 $1,407.97 $1,820.44 272705726015004260 1 50 $412.47 $1,407.97 $1,820.44 272705726015004270 1 50 $412.47 $1,407.97 $1,820.44 272705726015004280 1 50 $412.47 $1,407.97 $1,820.44 272705726015004290 1 50 $412.47 $1,407.97 $1,820.44 272705726015004300 1 50 $412.47 $1,407.97 $1,820.44 PARCEL ID UNITS TYPE FY25 O&M SERIES 2024 DEBT TOTAL 272705726015004310 1 50 $412.47 $1,407.97 $1,820.44 272705726015004320 1 50 $412.47 $1,407.97 $1,820.44 272705726015004330 1 50 $412.47 $1,407.97 $1,820.44 Total Gross Assessments On Roll 245 $93,548.79 $344,952.65 $438,501.44 Total Net Assessments On Roll $87,000.37 $320,805.96 $407,806.34 Direct Billing PARCEL ID ACRES TYPE FY25 O&M SERIES 2024 DEBT TOTAL 272632709500040180 11.00 Unplatted $14,224.48 $0.00 $14,224.48 272632709500040190 14.61 Unplatted $18,885.77 $0.00 $18,885.77 272632709500040200 33.65 Unplatted $43,496.78 $0.00 $43,496.78 272705726000030011 7.49 Unplatted $9,682.89 $0.00 $9,682.89 Total Gross Assessments Off Roll 66.75 $86,289.92 $0.00 $86,289.92 Total Net Assessments On Roll $80,249.63 $0.00 $80,249.63 Total Gross Assessments $179,838.71 $344,952.65 $524,791.36 Total Net Assessments $167,250.00 $320,805.96 $488,055.96 SECTION VI 1 4881-1297-8376.1 DIRECT COLLECTION AGREEMENT FY 2025 This Agreement (“Agreement”) is made and entered into effective as of October 1, 2024, by and between: HARTFORD TERRACE COMMUNITY DEVELOPMENT DISTRICT, a local unit of special-purpose government established pursuant to Chapter 190, Florida Statutes (hereinafter “District”), is located in Polk County, Florida (“County”), and whose mailing address is District’s Manager, c/o Governmental Management Services – Central Florida, LLC, 219 East Livingston Street, Orlando, Florida 32801; and PULTE HOME COMPANY, LLC, a Michigan limited liability company and the owner of certain property located within the boundaries of the District (hereinafter, the “Property Owner,” and together with the District, “Parties”), and whose mailing address is 4901 Vineland Road, Suite 500, Orlando, Florida 32811. For purposes of this Agreement, Property Owner’s property is more particularly described in Exhibit A attached hereto (“Property”). RECITALS WHEREAS, pursuant to Chapter 190, Florida Statutes, the District was established for the purpose of planning, financing, constructing, operating, and/or maintaining certain infrastructure, and is authorized to levy such taxes, special assessments, fees and other charges as may be necessary in furtherance of the District's activities and services; and WHEREAS, the Property will benefit from the timely construction and acquisition of the District's facilities, activities and services and from the continued operations of the District; and WHEREAS, for the fiscal year beginning October 1, 2024, and ending September 30, 2025 (“FY 2025”), the Board of Supervisors (“Board”) of the District determined to undertake various operations and maintenance and other activities described in the District’s adopted budget (“Adopted Budget”); and WHEREAS, pursuant to Chapter 190, Florida Statutes, the District may fund the Adopted Budget through the levy and imposition of special assessments on benefitted lands within the District, and, regardless of imposition method utilized by the District, under Florida law the District may collect such assessments by direct bill, tax roll, or in accordance with other collection measures provided by law; and WHEREAS, pursuant to Resolution 2024-05 (“Annual Assessment Resolution”), the District’s Board levied special assessments to fund the operations and maintenance of the Adopted Budget (“O&M Assessments”) in the amounts set forth in Adopted Budget and the assessment roll attached to the Annual Assessment Resolution (“Assessment Roll”), and set forth the method by which the O&M Assessments and the FY 2025 installment of the District’s previously levied debt service assessments (“Debt Assessment,” and together with the O&M Assessments, “Assessments”) shall be collected and enforced; and WHEREAS, Property Owner agrees that the O&M Assessments, which were imposed on the lands within the District, including the Property, have been validly imposed and constitute valid, legal, and binding liens upon the lands within the District; and 2 4881-1297-8376.1 WHEREAS, pursuant to Florida law, the District certified the (i) portion of the Assessment Roll related to certain “Tax Roll Property” to the County Tax Collector for collection in accordance with Chapter 197, Florida Statutes (“Uniform Method”) and (ii) portion of the Assessment Roll relating to the “Direct Collect Property” for direct collection by the District in accordance with Florida law; and WHEREAS, as the Property is identified on the Assessment Roll as Direct Collect Property, the District and Property Owner desire to arrange for the direct collection and direct payment of the District’s Assessments levied against the Property. NOW, THEREFORE, based upon good and valuable consideration and the mutual covenants of the Parties, the receipt of which and sufficiency of which are hereby acknowledged, the Parties agree as follows: 1. RECITALS. The recitals so stated are true and correct and by this reference are incorporated into and form a material part of this Agreement. 2. VALIDITY OF SPECIAL ASSESSMENTS. Property Owner agrees that the Assessments have been validly imposed and constitute valid, legal, and binding liens upon the lands within the District, including the Property. Property Owner hereby waives and relinquishes any rights it may have to challenge, object to, or otherwise fail to pay such Assessments. 3. COVENANT TO PAY. Property Owner agrees to pay the Assessments attributable to the Property, regardless of whether Property Owner owns the Property at the time such payment is due or paid. Nothing herein shall prohibit Property Owner from prorating or otherwise collecting these Assessments from subsequent purchasers of the Property. The District shall send a bill to Property Owner at least thirty (30) days prior to the first Assessment due date, indicating the exact amount of the Assessment being certified for collection in FY 2025. The Assessments attributable to the Property shall be due and payable on the dates and in the amounts set forth in the Annual Assessment Resolution. The District’s decision to collect 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. 4. ENFORCEMENT. This Agreement shall serve as an alternative, additional method for collection of the Assessments. This Agreement shall not affect the District’s ability to collect and enforce its Assessments by any other method authorized by Florida law. Property Owner acknowledges that the failure to pay the Assessments may result in the initiation of a foreclosure action, or, at the District’s sole discretion, delinquent Assessments may be certified for collection on a future County tax bill. In the event that an Assessment payment is not made in accordance with the schedule stated above, the whole of such Assessment – including any remaining partial, deferred payments for FY 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 applicable rate of any bonds or other debt instruments 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 3 4881-1297-8376.1 District Counsel, without further authorization by the Board, may initiate legal proceedings pursuant to Chapter 170, Florida Statutes, or other applicable law to collect and enforce the whole Assessment, as set forth herein. 5. NOTICE. All notices, requests, consents and other communications under this Agreement, but excluding invoices (“Notices”) shall be in writing and shall be delivered, mailed by First Class Mail, postage prepaid, or overnight delivery service, to the Parties, at the addresses set forth above. Except as otherwise provided in this Agreement, any Notice shall be deemed received only upon actual delivery at the address set forth in this Agreement. Notices delivered after 5:00p.m. (at the place of delivery) or on a non-business day, shall be deemed received on the next business day. If any time for giving Notice contained in this Agreement would otherwise expire on a non-business day, the Notice period shall be extended to the next succeeding business day. Saturdays, Sundays, and legal holidays recognized by the United States government shall not be regarded as business days. Counsel for the Parties may deliver Notice on behalf of the Parties. Any Party or other person to whom Notices are to be sent or copied may notify the other Parties and addresses of any change in name or address to which Notices shall be sent by providing the same on five (5) days written notice to the Parties and addresses set forth in this Agreement. 6. AMENDMENT. This instrument shall constitute the final and complete expression of the Agreement between the Parties relating to the subject matter of this Agreement. Amendments to and waivers of the provisions contained in this Agreement may be made only by an instrument in writing which is executed by both of the Parties hereto. 7. AUTHORITY. The execution of this Agreement has been duly authorized by the appropriate body or official of all parties hereto, each Party has complied with all the requirements of law, and each Party has full power and authority to comply with the terms and provisions of this Agreement. 8. ASSIGNMENT. This Agreement may not be assigned, in whole or in part, by either Party except upon the written consent of the other. Any purported assignment without such consent shall be void. 9. DEFAULT. A default by either Party under this Agreement shall entitle the other to all remedies available at law or in equity, which shall include, but not be limited to, the right of damages, injunctive relief and specific performance and specifically including the ability of the District to enforce any and all payment obligations under this Agreement through the imposition and enforcement of a contractual or other lien on property owned by the Property Owner. 10. ATTORNEYS’ FEES. In the event that either Party is required to enforce this Agreement by court proceedings or otherwise, then the Parties agree that the prevailing Party shall be entitled to recover from the other all costs incurred, including reasonable attorneys' fees and costs for trial, alternative dispute resolution, or appellate proceedings. 11. BENEFICIARIES. This Agreement is solely for the benefit of the formal parties herein and no right or cause of action shall accrue upon or by reason hereof, to or for the benefit of any third party not a formal party hereto. Nothing in this Agreement expressed or implied is intended or shall be construed to confer upon any person or corporation other than the Parties hereto any right, remedy or claim under or by reason of this Agreement or any provisions or conditions hereof; and all of the 4 4881-1297-8376.1 provisions, representations, covenants and conditions herein contained shall inure to the sole benefit of and shall be binding upon the Parties hereto and their respective representatives, successors and assigns. 12. APPLICABLE LAW. This Agreement and the provisions contained herein shall be construed, interpreted and controlled according to the laws of the State of Florida. 13. NEGOTIATION AT ARM’S LENGTH. This Agreement has been negotiated fully between the Parties as an arm's length transaction. The Parties participated fully in the preparation of this Agreement with the assistance of their respective counsel. In the case of a dispute concerning the interpretation of any provision of this Agreement, the Parties are each deemed to have drafted, chosen and selected the language, and the doubtful language will not be interpreted or construed against any party. [SIGNATURES ON NEXT PAGE] 5 4881-1297-8376.1 IN WITNESS WHEREOF, the Parties execute this Agreement the day and year first written above. Attest: HARTFORD TERRACE COMMUNITY DEVELOPMENT DISTRICT _____________________________ _________________________________________ Secretary/Assistant Secretary By: _____________________________________ Its: ______________________________________ PULTE HOME COMPANY, LLC, a Michigan limited liability company ________________________________ By: ______________________________ Witness Name: ___________________________ Title: ____________________________ EXHIBIT A Description of the Property SECTION VII 1 UNIFORM COLLECTION AGREEMENT DISTRICT THIS AGREEMENT made and entered into this 25th day of, July 2024 by and between Hartford Terrace 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: 1. 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 Hartford Terrace 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. 2. The term “Assessments” means those certain levies by the District which purport to constitute non-ad valorem special assessments for Hartford Terrace CDD improvements and related systems, facilities and services pursuant to Ordinance 2022-045 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. 3. 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 4. The uniform methodology is more fair to the delinquent property owner than traditional lien foreclosure methodology. 5. 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 6. The uniform methodology, through use of the official tax notice, will tend to eliminate confusion. 2 7. 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. 8. 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 Hartford Terrace 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 1. 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. 2. Section 1(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. 3. 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 Hartford Terrace CDD and related systems, facilities and services. 4. 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 Hartford Terrace Community Development District 3 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. SECTION V Duties and Responsibilities of District District agrees, covenants and contracts to: 1. 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. 2. 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. 3. 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. 4. 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. 4 5. By 15 September of each calendar year, the Chair of the Hartford Terrace 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 nonad 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-18.006, Florida Administrative Code. 6. 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. 7. 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. 8. 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 1. 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 nonad 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 5 with, or contrary to, the provisions of sections 197.3632 and 197.3635, Florida Statutes, and their successor provisions, and any applicable rules. 2. Tax Collector shall collect the Assessments of District as certified by the Chair of the Hartford Terrace 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. 3. 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 12D-18, Florida Administrative Code. 4. 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. 5. 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 affected, 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 1. The parties shall perform all their obligations under this agreement in accordance with good faith and prudent practice. 2. 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. 6 3. This Agreement shall be governed by the laws of the State of Florida. 4. 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: a. As to Tax Collector: Address Joe G. Tedder P.O. Box 1189 Bartow, FL 33831-1189 b. As to District: Address Hartford Terrace 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. ATTEST: POLK COUNTY TAX COLLECTOR By: Joe G. Tedder Joe G. Tedder, Tax Collector Printed Name Date: ATTEST: _______________________________________ By: ________________________________ Printed Name ATTEST: By:__________________________________ Printed Name As authorized for execution by the District of City at its regular meeting. SECTION VIII Memorandum To: Board of Supervisors From: District Management Date: June 11, 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 Hartford Terrace Community Development District Performance Measures/Standards & Annual Reporting Form October 1, 2024 – September 30, 2025 1. 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 meetings 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 per Florida statute 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 . 2. 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 . 3. 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:_________________________________ Hartford Terrace Community Development District District Manager:____________________________ Date:________________ Print Name:_________________________________ Hartford Terrace Community Development District SECTION IX SECTION C SECTION 1 Hartford Terrace Community Development District Unaudited Financial Reporting June 30, 2024 1 2 3 4 5 Capital Projects Fund Month to Month Table of Contents Balance Sheet General Fund Debt Service Fund Series 2024 Hartford Terrace Community Development District Combined Balance Sheet June 30, 2024 General Debt Service Capital Projects Totals Fund Fund Fund Governmental Funds ICAnasSODvsseupehICRernsee:eotittesr ssmFeas:etrr tero2oeivnnfms0e tgtI2s s D4A:sueccvaoenulconepter $$$$$ 26 ,, 78 ---1314 $$$$$ 11 06 ,, 46 ---0637 $$$$$ 4 ----50 $$$$$ 11 06 0626 ,,,, 467840613537140 Total Assets $ 9,545 $ 267,070 $ 450 $ 277,065 Liabilities: Accounts Payable $ 6,633 $ - $ - $ 6,633 Total Liabilites $ 6,633 $ - $ - $ 6,633 Debt Service $ - $ 267,070 $ - $ 267,070 UnCaaspsiitgaln Perdojects $$ 2 , 9 -12 $$ -- $$ 4 -50 $$ 2 , 941520 Total Fund Balances $ 2,912 $ 267,070 $ 450 $ 270,432 Total Liabilities & Fund Balance $ 9,545 $ 267,070 $ 450 $ 277,065 1 Community Development District General Fund Statement of Revenues, Expenditures, and Changes in Fund Balance For The Period Ending June 30, 2024 Adopted Budget PTrhorrua t0e6d/ B3u0d/g2e4t ThruA 0c6tu/a3l0/24 Variance Revenues: Developer Contributions $ 138,630 $ 40,641 $ 40,641 $ - Total Revenues $ 138,630 $ 40,641 $ 40,641 $ - Expenditures: General & Administrative: Supervisor Fees 12,000 $ 9,000 $ - $ 9,000 $ FICA Expense 900 $ 675 $ - $ 675 $ Engineering 15,000 $ 11,250 $ - $ 11,250 $ Attorney 25,000 $ 18,750 $ 4,907 $ 13,843 $ Annual Audit 4,000 $ 2,900 $ 2,900 $ - $ Assessment Administration 5,000 $ - $ - $ - $ Arbitrage 450 $ - $ - $ - $ Dissemination 5,000 $ - $ - $ - $ Trustee Fees 4,020 $ - $ - $ - $ Management Fees 40,000 $ 30,000 $ 30,000 $ - $ Information Technology 1,800 $ 1,350 $ 1,350 $ - $ Website Maintenance 1,200 $ 900 $ 900 $ - $ Telephone 300 $ 225 $ - $ 225 $ Postage & Delivery 1,000 $ 750 $ 11 $ 739 $ Insurance 5,500 $ 5,500 $ 5,200 $ 300 $ Printing & Binding 1,000 $ 750 $ - $ 750 $ Legal Advertising 10,000 $ 7,500 $ - $ 7,500 $ Other Current Charges 5,000 $ 3,750 $ 353 $ 3,397 $ Office Supplies 625 $ 469 $ 1 $ 468 $ Travel Per Diem 660 $ 495 $ - $ 495 $ Dues, Licenses & Subscriptions 175 $ 175 $ 175 $ - $ Total Expenditures 138,630 $ 94,439 $ 45,797 $ 48,642 $ Excess (Deficiency) of Revenues over Expenditures - $ (5,156) $ Fund Balance - Beginning - $ 8,068 $ Fund Balance - Ending - $ 2,912 $ Hartford Terrace 2 Community Development District Debt Service Fund Series 2024 Statement of Revenues, Expenditures, and Changes in Fund Balance For The Period Ending June 30, 2024 Adopted Budget PTrhorrua t0e6d/ B3u0d/g2e4t ThruA 0c6tu/a3l0/24 Variance Revenues: Interest $ - $ - $ - $ - Total Revenues $ - $ - $ - $ - Expenditures: Series 2024 IIPnnrttieenrrceeipsstta --l 15- /151//11 $$$ --- $$$ --- $$$ --- $$$ --- Total Expenditures $ - $ - $ - $ - Excess (Deficiency) of Revenues over Expenditures $ - $ - Other Financing Sources/(Uses): Bond Proceeds $ - $ - $ 267,070 $ 267,070 Total Other Financing Sources/(Uses) $ - $ - $ 267,070 $ 267,070 Net Change in Fund Balance $ - $ 267,070 Fund Balance - Beginning $ - $ - Fund Balance - Ending $ - $ 267,070 Hartford Terrace 3 Hartford Terrace Community Development District Capital Projects Fund Statement of Revenues, Expenditures, and Changes in Fund Balance For The Period Ending June 30, 2024 Adopted Budget PTrhorrua t0e6d/ B3u0d/g2e4t ThruA 0c6tu/a3l0/24 Variance Revenues Developer Advance $ - $ - $ - $ - Total Revenues $ - $ - $ - $ - Expenditures: CCaappiittaall OOuuttllaayy -COI $ - $ - $$ 4 , 218233,,498946 $$ ( 4 (,122833,,498946)) Total Expenditures $ - $ - $ 4,407,480 $ (4,407,480) Excess (Deficiency) of Revenues over Expenditures $ - $ (4,407,480) Other Financing Sources/(Uses) Bond Proceeds $ - $ - $ 4,407,930 $ 4,407,930 Total Other Financing Sources (Uses) $ - $ - $ 4,407,930 $ 4,407,930 Net Change in Fund Balance $ - $ 450 Fund Balance - Beginning $ - Fund Balance - Ending $ 450 4 Hartford Terrace Community Development District Oct Nov Dec Jan Feb March April May June July Aug Sept Total Revenues: Developer Contributions $ - $ 7,661 $ 3,585 $ 3,791 $ 6,704 $ 3,976 $ 4,624 $ 3,585 $ 6,714 $ - $ - $ - $ 40,641 Total Revenues $ - $ 7,661 $ 3,585 $ 3,791 $ 6,704 $ 3,976 $ 4,624 $ 3,585 $ 6,714 $ - $ - $ - $ 40,641 Expenditures: General & Administrative: Supervisor Fees - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ FICA Expense - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ Engineering - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ Attorney 126 $ - $ 220 $ 392 $ 1,041 $ 1,644 $ - $ 1,485 $ - $ - $ - $ - $ 4,907 $ Annual Audit - $ - $ - $ - $ 2,900 $ - $ - $ - $ - $ - $ - $ - $ 2,900 $ Assessment Administration - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ 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 $ 100 $ 100 $ 100 $ 100 $ 100 $ 100 $ - $ - $ - $ 900 $ Telephone - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ Postage & Delivery 1 $ 2 $ 2 $ 1 $ 1 $ 1 $ - $ 1 $ 1 $ - $ - $ - $ 11 $ Insurance 5,200 $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ 5,200 $ Printing & Binding - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ Legal Advertising - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ Other Current Charges 38 $ 38 $ 38 $ 38 $ 40 $ 40 $ 40 $ 40 $ 40 $ - $ - $ - $ 353 $ Office Supplies 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ - $ 0 $ 0 $ - $ - $ - $ 1 $ Travel Per Diem - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ Dues, Licenses & Subscriptions 175 $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ 175 $ Total Expenditures 9,124 $ 3,624 $ 3,843 $ 4,014 $ 7,566 $ 5,268 $ 3,623 $ 5,110 $ 3,625 $ - $ - $ - $ 45,797 $ Excess (Deficiency) of Revenues over Expenditures (9,124) $ 4,038 $ (258) $ (223) $ (862) $ (1,293) $ 1,001 $ (1,525) $ 3,089 $ - $ - $ - $ (5,156) $ Month to Month 5 SECTION 2 Hartford Terrace Community Development District Funding Request #33 May 15, 2024 Bill to: Pulte Homes General Fund Payee FY2024 1 Governmental Management Services Invoice # 24 - Management - May 2024 $ 3,584.88 $ 3,584.88 $ 3,584.88 Please make check payable to: Hartford Terrace Community Development District 6O2rl0a0n dLoe,e F VLi 3st2a8 B2lv2d, Suite 300 RECEIVED 5/10/24 Hartford Terrace Community Development District Funding Request #34 June 13, 2024 Bill to: Pulte Home Company, LLC General Fund Payee FY2024 1 Governmental Management Services Invoice # 25 - Management - June 2024 $ 3,584.68 Total: $ 3,584.68 Please make check payable to: Hartford Terrace Community Development District 6O2rl0a0n dLoe,e F VLi 3st2a8 B2lv2d, Suite 300 RECEIVED 6/12/24 Hartford Terrace Community Development District Funding Request #35 July 11, 2024 Bill to: Pulte Home Company, LLC General Fund Payee FY2024 1 Governmental Management Services Invoice # 27 - Management - July 2024 $ 3,889.34 2 Kutak Rock, LLP IInnvv## 33341811451601-- GGeenneerraall CCoouunnsseell -- AMparricl/hM 2a0y2 42024 $$ 11,,464845..1322 Total: $ 7,018.78 Please make check payable to: Hartford Terrace Community Development District 6O2rl0a0n dLoe,e F VLi 3st2a8 B2lv2d, Suite 300 RECEIVED 7/10/24 RECEIVED 7/11/24 K U T A K R O C K L L P Check Remit To: Kutak Rock LLP TALLAHASSEE, FLORIDA PO Box 30057 Telephone 404-222-4600 Omaha, NE 68103-1157 Facsimile 404-222-4654 ACH/Wire Transfer Remit To: Federal ID 47-0597598 ABA #104000016 First National Bank of Omaha June 27, 2024 Kutak Rock LLP A/C # 24690470 Reference: Invoice No. 3411561 Client Matter No. 28023-1 Notification Email: eftgroup@kutakrock.com Mr. George Flint Hartford Terrace CDD c/o Governmental Management Services-Central Florida, LLC 219 East Livingston Street Orlando, FL 32801 Invoice No. 3411561 28023-1 Re: General Counsel For Professional Legal Services Rendered 04/28/24 S. Sandy 0.20 77.00 Prepare FY 2024-2025 budget documents 05/02/24 R. Dugan 0.50 142.50 Review phase 2B draft plat; correspondence regarding same 05/09/24 R. Dugan 0.60 171.00 Review and revise draft meeting agenda; correspondence regarding same; prepare post-issuance compliance policy 05/09/24 T. Mackie 0.40 136.00 Review draft agenda and provide comments 05/16/24 R. Dugan 1.10 313.50 Prepare for and attend Board meeting; correspondence regarding proposed budget 05/16/24 T. Mackie 0.50 170.00 Prepare for and attend Board meeting by phone; follow-up from meeting 05/21/24 T. Mackie 0.20 68.00 Conference with Flint regarding records request PRIVILEGED AND CONFIDENTIAL ATTORNEY-CLIENT COMMUNICATION AND/OR WORK PRODUCT RECEIVED 6/28/24 KUTAK ROCK LLP Hartford Terrace CDD June 27, 2024 Client Matter No. 28023-1 Invoice No. 3411561 Page 2 05/28/24 05/29/24 05/29/24 05/29/24 05/31/24 J. Gillis R. Dugan T. Mackie D. Wilbourn R. Dugan 0.40 0.30 0.20 0.70 0.20 70.00 85.50 68.00 122.50 57.00 Coordinate response to auditor letter update Review draft disclosure of public finance; correspondence regarding same Conference regarding FY 2025 budget Prepare disclosure of public financing Correspondence regarding disclosure of public finance TOTAL HOURS 5.30 TOTAL FOR SERVICES RENDERED $1,481.00 DISBURSEMENTS Travel Expenses 4.32 TOTAL DISBURSEMENTS 4.32 TOTAL CURRENT AMOUNT DUE (Highlight comment gms 7/11/2024 11:49:13 AM blank) $1,485.32 UNPAID INVOICES: April 22, 2024 Invoice No. 3381410 1,644.12 TOTAL DUE $3,129.44 PRIVILEGED AND CONFIDENTIAL ATTORNEY-CLIENT COMMUNICATION AND/OR WORK PRODUCT SECTION 3 BOARD OF SUPERVISORS MEETING DATES HARTFORD TERRACE COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2025 The Board of Supervisors of the Hartford Terrace Community Development District will hold their regular meetings for Fiscal Year 2025 on the Third Thursday of each month, at 1115 Aloha Blvd., Davenport, FL 32897, at 2:00 p.m., or as shortly thereafter as reasonably possible, unless otherwise indicated as follows: October 17, 2024 November 21, 2024 December 19, 2024 January 16, 2025 February 20, 2025 March 20, 2025 April 17, 2025 May 15, 2025 June 19, 2025 July 17, 2025 August 21, 2025 September 18, 2025 The meetings are open to the public and will be conducted in accordance with the provision of Florida Law for Community Development Districts. A copy of the agenda for a particular meeting may be obtained from the District Manager, at 219 E. Livingston Street, Orlando, FL32801. Additionally, interested parties may refer to the District’s website for the latest information: https://hartfordterracecdd.com. The meetings may be continued to a date, time, and place to be specified on the record at the meeting. There may be occasions when one or more Supervisors will participate by telephone. Any person requiring special accommodations at these meetings because of a disability or physical impairment should contact the District Office at (407) 841-5524 at least forty-eight (48) hours prior to the meeting. If you are hearing or speech impaired, please contact the Florida Relay Service 1-800-955-8770, for aid in contacting the District Office. Each person who decides to appeal any action taken at these meetings 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. George S. Flint District Manager Governmental Management Services – Central Florida, LLC