MINUTES OF MEETING STONEYBROOK SOUTH AT CHAMPIONSGATE
COMMUNITY DEVELOPMENT DISTRICT

The Regular meeting of the Board of Supervisors of the Stoneybrook South  at Champions Gate Community Development District was held Monday, Monday December 2, 2019 at 11:30 a.m. at the Oasis Club at ChampsionsGate, 1520 Oasis Club Blvd., ChampionsGate, Florida 33896.

Present and constituting a quorum were:

Adam Morgan Lane Register Tim Smith

Chairman
Vice Chairman Assistant Secretary

Also present were:

George Flint Andrew d' Adesky David Reid
Alan Scheerer

District Manager District Counsel District Engineer Field Manager

FIRST ORDER OF BUSINESS	Roll Call
Mr. Flint called the meeting to order and called the roll. A quorum was present.

SECOND ORDER OF BUSINESS	Public Comment Period
Mr. Flint: We just have the Board and staff here, there are no members of the public present.

THIRD ORDER OF BUSINESS	Organizational Matters
Consideration of Resignation and Appointment of Individual to Fulfill Board Vacancy
Mr. Flint: We were talking about replacing Rob with someone else, right? We don't have the resignation and Dan is not here, so there's no vacancy to be considered. We will go ahead and skip Item 3. Ifwe had Rob's resignation you could appoint Dan at this point, but I don't have it.
Mr. d' Adesky: What if he emails it?
Mr. Flint: Ifhe emails it before we adjourn you could put Dan on.

Administration of Oath of Office to Newly Appointed Board Member
Consideration of Resolution 2020-01 Electing Assistant Secretary

FOURTH ORDER OF BUSINESS	Approval of Minutes of the October 7,
2019 Meeting
Mr. Flint: Were there any additions, deletions or corrections to those?
Mr. Morgan: They looked good to me.

On MOTION by Mr. Morgan, seconded by Mr. Register, with all in favor, the Minutes of the October 7, 2019 Meeting, were approved.

FIFTH ORDER OF BUSINESS
Attorney
Mr. Flint: Andrew?
Mr. d'Adesky: I have nothing to report.

Staff Reports

Engineer
Mr. Flint: Dave, anything?
Mr. Reid: I don't have anything.

District Manager's Report
Approval of Check Register
Mr. Flint: Next is the approval of the check register from October pt through November 26th for the General Fund for $363,267.66. Any questions?
Mr. Morgan: It all looked good to me. I have no questions.
Mr. Flint: The biggest item is the direct bill payment from Lennar that's being transmitted to the Trustee. That's $324,000. Is there a motion to approve the check register?

On MOTION by Mr. Morgan seconded by Mr. Register with all in favor, of Check Register totaling $363,267.66, was approved.

Balance Sheet and Income Statement
Mr. Flint: You have the unaudited financials through the end of October, which is the first month of the new fiscal year. Are there any questions on the financials? We are running pretty lean

right now until our Assessment Revenue starts coming in. It has already happened, but it is not reflected on these financials because they are through the end of October.
Mr. d'Adesky: We have a 3 month operating reserve.
Mr. Flint: I don't think we are there yet with Stoneybrook South because this is a newer
district.
Mr. Register: We're capturing this via the tax bill?
Mr. Flint: Late November or early December is when we receive the first receipts. These financials are through the end of October, so they're not going to show.
Mr. Morgan: It will reflect next month.
Mr. Flint: Yes, we do have in the financials a Special Assessment receipt schedule. It looks like on November 22nd we received about $65,000 which is a combination of debt and O&M. Since these financials have been prepared, we have received Assessment Revenue.

Ratification of Fiscal Year 2019 Funding Request #13
Mr. Flint: This funding request is for $11,414. This is the last funding request we will see unless there is a cash flow issue, but the new budget is based on assessments not funding.
Mr. Morgan: This is Request #13? Mr. Flint: Correct, $11,414.
Mr. d'Adesky: There's no funding agreement for 2020?
Mr. Flint: Correct, this is for last fiscal year. If you see all the invoices are for August and September.
Mr. Morgan: Right.
Mr. Flint: So, this is just ratifying; it has already been submitted to the developer. Are there any questions? We can discuss them, otherwise I'd ask a motion to ratify funding request #13.

On MOTION by Mr. Morgan seconded by Mr. Register with all in favor, Fiscal Year 2019 Funding Request #13, was ratified.

SIXTH ORDER OF BUSINESS
There being none, the next item followed.

SEVENTH ORDER OF BUSINESS
There being none, the next item followed.

Other Business

Supervisor's Requests

EIGHTH ORDER OF BUSINESS	Adjournment

On MOTION by Mr. Morgan seconded by Mr. Register with all in favor the meeting was adjourned.

Secretary/Assistant Secretary	Ch 	ice	a<irman