MINUTES OF MEETING FOREST LAKE
COMMUNITY DEVELOPMENT DISTRICT

The regular meeting of the Board of Supervisors of the Forest Lake Community Development District was held Tuesday, May 3, 2022 at 1:45 p.m. at 346 E. Central Ave., Winter Haven, Florida.

Present and constituting a quorum:

Rennie Heath	Chairman
Andrew Rhinehart	Assistant Secretary
Matthew Cassidy	Assistant Secretary
Patrick Marone	Assistant Secretary Also present were:
Jill Burns	District Manager, GMS
Roy Van Wyk via Zoom	KE Law Group
Marshall Tindall	GMS

FIRST ORDER OF BUSINESS	Roll Call
Ms. Burns called the meeting to order and called the roll. There were three Board members present constituting a quorum.

SECOND ORDER OF BUSINESS	Public Comment Period
Ms. Burns stated that there were no members of the public present or joining the meeting by Zoom.

THIRD ORDER OF BUSINESS	Approval of the Minutes of the April 5,
2022 Board of Supervisors Meeting
Ms. Burns asked for any questions, comments, or corrections to the April 5, 2022 meeting minutes. The Board had no changes or corrections.

On MOTION by Mr. Rhinehart, seconded by Mr. Heath, with all in favor, the Minutes of the April 5, 2022 Board of Supervisors Meeting, were approved.

FOURTH ORDER OF BUSINESS	Presentation	and	Approval	of
Supplemental Assessment Methodology for Assessment Area Two (dated May 3, 2022)
Ms. Burns noted that this assessment report provides for an assessment methodology that allocates debt to be incurred to the benefitting properties within Assessment Area 2 of the District. She overviewed the tables attached in the methodology and offered to answer any questions. She also stated that the assessments were fairly and reasonably apportioned across the product types and the benefit on the lands is equal to or in excess of the burden placed on them.
Mr. Van Wyk asked Ms. Burns if the methodology was consistent with the Master Assessment Methodology Report, she replied that yes, it is.

On MOTION by Mr. Heath, seconded by Mr. Rhinehart, with all in favor, the Supplemental Assessment Methodology for Assessment Area Two (dated May 3, 2022), was approved.

FIFTH ORDER OF BUSINESS	Consideration of Series 2022 Developer’s
Agreements	and	Notice	of	Special Assessments:
Completion Agreement
Ms. Burns stated that the landowner requested that the District limit the amount of debt assessments imposed on the Assessment Area 2 project and allowed the landowner to directly fund a portion of the assessments in the Assessment Area 2 project.

Acquisition Agreement
Ms. Burns stated that this agreement sets forth the process by which the District will acquire work products or improvements on any real property that is being conveyed by the landowner.

True-Up Agreement
Ms. Burns stated that this agreement confirms the landowner’s intention and obligation if required to make true-up payments related to the Assessment Area 2 assessments that are on the Phase 3 lands.

Collateral Assignment Agreement

Ms. Burns stated that this agreement outlines that in the event of default of the payment of the Assessment Area 2 bonds that the landowner will assign certain development rights to the District in order to allow the District or a third party to complete development of the Assessment Area 2 project.

Declaration of Consent
Ms. Burns stated that under this agreement the landowner is confirming and agreeing that the debt assessments have been dually adopted by the Board and that all proceedings undertaken by the District have been in accordance with Florida law.

Notice of Special Assessments
Ms. Burns stated that the District has taken all action necessary to levy and impose the Assessment Area 2 special assessments.

On MOTION by Mr. Heath, seconded by Mr. Rhinehart, with all in favor, Series 2022 Developer’s Agreements and Notice of Special Assessments, was approved as amended.

SIXTH ORDER OF BUSINESS	Consideration	of	Resolution	2022-04
Supplemental Assessment Resolution
Ms. Burns stated that this item was tabled.

SEVENTH ORDER OF BUSINESS	Consideration	of	Resolution	2022-07
Approving the Proposed Fiscal Year 2022/2023 Budget (Suggested Date: August 2, 2022), Declaring Special Assessments, and Setting the Public Hearings on the Fiscal Year 2022/2023 Budget and Imposition of Operations and Maintenance Assessments (Two versions of budget included)
Ms. Burns stated that there were two versions of the Fiscal Year 2022/2023 budget included in the packet. She overviewed the differences, and the Board agreed on approving the lower option budget. The lower version did not include staffing the amenity with security.

On MOTION by Mr. Heath, seconded by Mr. Marone, with all in favor, Resolution 2022-07 Approving the Proposed Fiscal Year 2022/2023 Budget, Declaring Special Assessments, and Setting the Public Hearings on the Fiscal Year 2022/2023 Budget and Imposition of Operations and Maintenance Assessments for August 2, 2022, was approved.

EIGHTH ORDER OF BUSINESS	Consideration of Draft Fiscal Year 2021
Audit Report
Ms. Burns stated that as seen in the report provided, there were no instances of noncompliance and no findings. It was considered a clean audit and will be submitted to the state prior to the June deadline.

On MOTION by Mr. Heath, seconded by Mr. Rhinehart, with all in favor, the Draft Fiscal Year 2021 Audit Report, was approved.

NINTH ORDER OF BUSINESS	Staff Reports
Attorney
Mr. Van Wyk had nothing further to report.

Engineer
Consideration of Proposal for Stormwater Needs Analysis Report Services
Ms. Burns presented the Stormwater Needs Analysis report to the Board. The Board decided to table this item until the May meeting and asked the engineer to provide a not-to-exceed amount in the proposal.

Field Manager’s Report
Consideration of Proposal to Add Solar Lights to Amenity Area Mailboxes
Mr. Tindall presented the field manager’s report to the Board. He outlined the proposal for adding solar lights to amenity area mailboxes. The Board decided to approve adding two solar lights.

On MOTION by Mr. Heath, seconded by Mr. Rhinehart, with all in favor, the Proposal to Add Two Solar Lights to Amenity Area Mailboxes, was approved.

District Manager’s Report
Approval of the Check Register
Ms. Burns presented the check register and asked for any questions. Hearing none, there was a motion to approve.

On MOTION by Mr. Heath, seconded by Mr. Rhinehart, with all in favor, the Check Register, was approved.

Balance Sheet and Income Statement
Ms. Burns stated the financials were in the package for review, and there was no action that needed to be taken.

2022.

Presentation of Number of Registered Voters – 71
Ms. Burns stated that there were 71 registered voters within the District as of April 15,

TENTH ORDER OF BUSINESS	Other Business
There being none, the next item followed.

ELEVENTH ORDER OF BUSINESS	Supervisors	Requests	and	Audience
Comments
There being none, the next item followed.

TWELFTH ORDER OF BUSINESS	Continuation of Meeting to Wednesday,
May 18, 2022 at 12:45 PM at 346 E.
Central Ave., Winter Haven, FL 33880
Ms. Burns asked for a motion to continue the meeting to Wednesday, May 18, 2022 at 12:45 p.m. at 346 E. Central Ave., Winter Haven, FL 33880.

On MOTION by Mr. Heath, seconded by Mr. Rhinehart, with all in favor, the meeting was continued to May 18, 2022.

 	

Secretary/Assistant Secretary	Chairman/Vice Chairman