Stoneybrook South at ChampionsGate Community Development District

Agenda April 11, 2022

AGENDA

Stoneybrook South at ChampionsGate
Community Development District

219 E. Livingston Street, Orlando, Florida 32801 Phone: 407-841-5524- Fax: 407-839-1526

April 4, 2022

Board of Supervisors
Stoneybrook South at ChampionsGate Community Development District

Dear Board Members:

The meeting of the Board of Supervisors of the Stoneybrook South at ChampionsGate Community Development District will be held Monday, April 11, 2022 at 11:30 a.m. at the Oasis Club at ChampionsGate, 1520 Oasis Club Blvd., ChampionsGate, FL 33896.

Call-in Information for Members of Public:

Dial-in Number: (267) 930-4000
Participate Code: 876-571

Following is the advance agenda for the meeting:

Roll Call
Public Comment Period
Approval of Minutes of the March 7, 2022 Meeting
Financing Matters
Consideration of Supplemental Engineer's Report
Consideration of Master Assessment Methodology Report
Public Comment and Testimony
Consideration of Resolution 2022-07 Levying Assessments
Consideration of Resolution 2022-08 Bond Delegation Resolution
Consideration of Resolution 2022-09 Approving the Proposed Fiscal Year 2023 Budget and Setting a Public Hearing
Consideration of Resolution 2022-10 Authorizing Use of Electronic Documents and Signatures
Consideration of Water Management Agreement with The Lake Doctors
Discussion of Pending Plat Conveyances
Staff Reports
Attorney
Engineer
District Manager's Report
Approval of Check Register
Balance Sheet and Income Statement
General Election Qualifying Period and Procedure
Designation of November 7, 2022 as Landowners' Meeting Date
Other Business
Supervisor's Requests
Adjournment

The second order of business is the Public Comment Period where the public has  an  opportunity to be heard on propositions coming before the Board as reflected on the  agenda,  and any other items.

The third order of business is the approval of the minutes of the March 7, 2022 meeting. The minutes are enclosed for your review.

The fourth order of business is the Financing Matters. Section A is the consideration of the Supplemental Engineer's Report and Section B is the consideration of the Master Assessment Methodology Report. Both reports are enclosed for your review. Section C is the public comment and testimony and Section D is the consideration of Resolution 2022-07 levying assessments. A copy of the Resolution is enclosed for your review.

The fifth order of business is the consideration of Resolution 2022-08 bond delegation resolution. A copy of the Resolution is enclosed for your  review and  the supporting exhibits will be available at the meeting for review.

The sixth order of business is the consideration of Resolution 2022-09 approving the proposed Fiscal Year 2023 budget and setting a public hearing. Once approved, the proposed budget will be transmitted to the governing authorities at least 60 days prior to the final budget hearing. A copy of the Resolution and proposed budget is enclosed for your review.

The seventh order of business is the consideration of Resolution 2022-10 authorizing the use of electronic documents and signatures. A copy of the Resolution is enclosed for your review.

The eighth order of business is the consideration of the water management agreement with The Lake Doctors. A copy of the agreement is enclosed for your review.

The ninth order of business is the discussion the pending plat conveyances from the Developer to the District. This is an open discussion item.

The tenth order of business is Staff Reports. Sub-Section 1 of the District Manager's Report includes the check register for approval and Sub-Section 2 includes the balance sheet and income statement for review. Sub-Section 3 is the discussion of the General Election qualifying period and procedure. A copy of the information is enclosed for your review. Sub-Section 4 is the designation of November 7, 2022 as the landowners' meeting date. A copy of the instructions, sample agenda and landowners' proxy is enclosed for your review.

The balance of the agenda will be discussed at the meeting. In the meantime, if you should have any questions, please contact me.

0-	'--

Sincerely,

George S. Flint District Manager

Cc:	Jan Carpenter, District Counsel David Reid, District Engineer

Enclosures

MINUTES

MINUTES OF MEETING STONEYBROOK SOUTH AT CHAMPIONSGATE
COMMUNITY DEVELOPMENT DISTRICT

The regular meeting of the Board of Supervisors of the Stoneybrook South at ChampionsGate Community Development District was held Monday, March 7, 2022 at 11:30 a.m. at the Oasis Club at ChampionsGate, 1520 Oasis Club Blvd., ChampionsGate, Florida 33896.

Present and constituting a quorum were:

Adam Morgan Lane Register Rob Bonin Daniel La Rosa

Chairman
Vice Chairman Assistant Secretary Assistant Secretary

Also present were:

George Flint Kristen Trucco 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. Four Board members were in
attendance constituting a quorum.

SECOND ORDER OF BUSINESS	Public Comment Period
Mr. Flint: We don't have any members of the public here. We also have a call-in number but do not have anyone as of yet who has called in.

THIRD ORDER OF BUSINESS	Approval of the Minutes of the February
7, 2022 Meeting
Mr. Flint: Next is the approval of the minutes from the February 7th meeting. Did the Board have any comments or corrections to those?
Mr. Morgan: They looked good. I make a motion to approve.

On MOTION by Mr. Morgan, seconded by Mr. Register, with all in favor, the Minutes of the February 7, 2022 Meeting, were approved.

March 7, 2022	Stoneybrook  South at ChampionsGate CDD

FOURTH ORDER OF BUSINESS	Consideration	of	Resolution	2022-04
Accepting Conveyance of Real Property from Country Club at ChampionsGate
Mr. Flint: Next is Resolution 2022-04 accepting conveyance ofreal property from Country Club at ChampionsGate. Kristen?
Ms. Trucco: This Resolution deals with two landscape tracts that the developer, Lennar Homes LLC put a signed notice up and notified us that we need to transfer them from Country Club at ChampionsGate Community Association, Inc. back to the District. I believe it was due to a re-platting issue. Attached to the resolution are standard conveyance documents. We have a Special Warranty Deed and the Bill of Sale. Those documents actually transfer the real property and improvements related to the two tracts to the District. Following that is the Owner's Affidavit, those are documents whereby the Country Club is going to promise there are no outstanding taxes on either of the property tracts or improvements, nor are there any encumbrances that will hinder the ability of the District to own and maintain those. Following that, there is the Certificate of the District Engineer. This is a requirement under the initial bond documents and Acquisition Agreement. The District Engineer has to certify that this conveyance is in accordance with the plans for the District. For this conveyance right now, we are in the process of just confirming that there are no liens or encumbrances on the property by ordering a Title Report. Once we receive that, District Counsel will be signed off and also, we will sign off on the conveyance as well. For now, we are asking for a motion to approve Resolution 2022-04 subject to the signoffby District staff.
Mr. Morgan: Does Michelle Barr'in the Country Club know this is coming?
Ms. Trucco: She requested it.
Mr. Morgan: Oh, she requested it?
Ms. Trucco: She put a signed notice in and requested that the conveyance be completed.
Mr. Flint: It was actually the HOA President that sent it to us. Do you remember when we had that discussion and they sent us a list?
Mr. Morgan: Yes.
Ms. Trucco: Oh, okay.
Mr. Flint: It should have been CDD that were HOA. There were some other ones that they thought should be CDD and we did not agree. We are only transferring the ones that should be CDD.

March 7, 2022	Stoneybrook South at ChampionsGate CDD

On MOTION by Mr. Morgan, seconded by Mr. Register, with all in favor, Resolution 2022-04 Accepting Conveyance of Real Property from Country Club at ChampionsGate, was approved.

FIFTH ORDER OF BUSINESS	Financing Matters
Consideration of Supplemental Engineer's Report
Mr. Flint: Next is financing matters. This is for the last bond issued, the Series 2022 bonds. This will cover the Fox North Tract and Tract B, also known as Tract X. The first item under that is the Engineer's Report. Dave handed out a hard copy of the latest version of this. There were some comments from the Developer's Counsel this morning that were minor that have not been incorporated, but otherwise this has been reviewed by bond counsel and other members of the financing team and includes all of those comments. Dave, do you want to hit the highlights?
Mr. Reid: Yes. It is Fox North and Parcel B, also known as X. It itemizes different categories of infrastructure, public and private, that can be funded by the project or bonds. Fox North has a total estimate and probable cost of $6,980,996. Parcel B has a total of $6,385,308. That total together is $13,294,304. It also lists the different categories of infrastructure and finance by the CDD maintained in the ultimate ownership, and this includes offsite roadways, Westside Boulevard extension and also the onsite public roadways in Parcel B and there are some public roadways in Fox North and some private roadways in Fox North. That is itemized out.
Mr. Flint: We had previously included Parcel Bin a prior assessment proceeding to get the lien on it because Lennar already owned that. We are redoing it again here because I think the construction numbers have changed and the development program changed. That is why we are including it again in this report,just so it has all of the latest information.
Mr. Reid: That was preliminary before we had design and I actually found those numbers after I did this. These are the updated numbers.
Mr. Flint: This will supersede the prior lien. We may have to release the lien or something. Ms. Trucco: Or have an amended lien.
Mr. Flint: The way that the bonds are structed for Stoneybrook South at ChampionsGate is each assessment area has to go through the assessment hearing process just because Lennar has been taking down the property in pieces and didn't control all of the properties, so we were not able to do a master lien. Today you will be approving the Engineer's Report, the Master Assessment Methodology, and two resolutions. One declaring the District's intent to levy

March 7, 2022	Stoneybrook South at ChampionsGate CDD

assessments and the other one sets the public hearing to actually do it. Are there any questions on the Engineer's Report? Hearing none,

Consideration of Master Assessment Methodology Report
Mr. Flint: The next item is the Master Assessment Methodology for the Fox North Parcel B Assessment Area 2022 project. Table I on page 10 of that report and page 68 on the pdf, that is the development program. It is a combination of townhome and single family 40s and 50s totaling 280 ERUs. Table 2 is the construction cost estimates that Dave just went over, the $13.3 million total cost estimate. Table 3 is your preliminary bond sizing for purposes of going through the master assessment process. We are using very conservative parameters and taking the cost estimates that Dave prepared along with the Debt Service Reserve capitalized interest and Underwriter's discount and cost ofissuance. We have a par amount of$17,450,000. Table 4 shows the allocation of benefit based on an improvement cost. Table 5 shows the allocation of benefit based on the par debt per unit. Table 6 shows that if we were to fund all of these improvements at the parameters that we set in the bond sizing, what those per unit amounts would be. Table 7 is the preliminary assessment roll and we have two different Lennar entities that own. Fox North is Lennar Homes LLC and Parcel B is LEN-CG South LLC. Once we actually go through the assessment process and the Board adopts the delegation resolution, the underwriter will market and price the bonds and we will prepare a Supplemental Assessment Methodology that reflects the final terms. Are there any questions on the Master Assessment Methodology?
Mr. Morgan: So the total annual assessment on a 50' is going to be $5,000 a year? Mr. Flint: That would be if we funded everything at 6%.
Mr. Morgan: What is the consideration, are we going to fund everything?
Mr. Flint: No. What will happen is when the underwriter markets the bonds, we are going to use the target assessments to basically back into what we can issue. This just gives you maximum flexibility. When you adopt the delegation resolution you are going to set the parameters.
Mr. Morgan: Sure. Thank you.

Consideration of Resolution 2022-05 Declaring Special Assessments
Mr. Flint: Next is Resolution 2022-05 and Kristen has handed out a revised version with the blanks filled in. Kristen?

March 7, 2022	Stoneybrook South at ChampionsGate CDD

Ms. Trucco: I handed out Resolution 2022-05 with the costs now that they have been finalized in the Master Assessment Methodology. In the Engineer's Report I have just inserted those into their place in the agenda. That total is what George just reviewed, $17,450,000 with the financing. The total for the capital improvement plan according to the Engineer's Report is estimated at $13,294,304. You've seen these resolutions before, this is the first step in the assessment process and we are declaring special assessments on the property specified in the Assessment Methodology Report and in that manner, we are going to levy assessments on that property in order to pay for the project that is specified in the Engineer's Report. This is the first step and is going to authorize us to proceed and then also authorize the District Manager to publish this resolution in general circulation according to Florida statutes. Attached to this will be the Master Assessment Methodology that is included in the agenda, and then the Engineer's Report. As George stated, this will later be finalized after bonds are issued. We are looking for a motion to approve the Declaring Resolution that is 2022-05.

On MOTION by Mr. Morgan, seconded by Mr. Register, with all in favor, Resolution 2022-05 Declaring Special Assessments, was approved.

Consideration of Resolution 2022-06 Setting a Public Hearing for Special Assessments
Mr. Flint: The next resolution sets the public hearing to actually consider the imposition of assessments. There is a 30-day mailed notice required as part of that hearing so we won't be able to have that at your regular April meeting. I would like to recommend that you have the hearing the following Monday which would be April 11 at 11:30 a.m. in this location. If I can get three Board members here, that will allow us to meet the noticing requirements and also not delay the financing. We will have the public hearing and we will also have the Delegation Resolution on that agenda, as well as any other business items.
Mr. Morgan: So we would have all of the other CDD meetings on the 4th  except for this
one? This one would be on the 11th?
Mr. Register: We would just do the CDD meeting at the same time, that makes sense to

On MOTION by Mr. Morgan, seconded by Mr. Register, with all in favor, Resolution 2022-06 Setting a Public Hearing for Special Assessments, with the Hearing Date being April 11, 2022 at 11:30 a.m., was approved.

me.

March 7, 2022	Stoneybrook South at ChampionsGate CDD

SIXTH ORDER OF BUSINESS	Discussion of Pending Plat Conveyances
Mr. Flint: Next is a general discussion of pending plats and conveyances. Is there anything we need to discuss at this point? Is there any pending? Hearing none,

SEVENTH ORDER OF BUISNESS
Attorney
Mr. Flint: Anything else, Kristen?

Staff Reports

Ms. Trucco: I have no updates for the Board, other than us proceeding forward with the bond documents. The CDD draft will be included at the next meeting as part of the Delegation Resolution. Otherwise I have no updates. Thank you.

Engineer
Mr. Flint: Dave, do you have anything else for the Board? Mr. Reid: I have nothing new.

District Manager's Report
Approval of Check Register
Mr. Flint: You have the approval of the check register for February for $160,378.02. Were there any questions on the check register? Is there a motion to approve it?

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

Balance Sheet and Income Statement
Mr. Flint: You also have the unaudited financials through January 31s•t questions, we can discuss those.

EIGHTH ORDER OF BUISNESS	Other Business
Mr. Flint: Is there any other business or Supervisor's requests?

If you have any

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

TENTH ORDER OF BUSINESS

Supervisor's Requests

Adjournment

March 7, 2022	Stoneybrook South at ChampionsGate CDD

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

Secretary/Assistant Secretary	ChairmanNice Chairman

S ECTION IV

S ECTION A

'If!

_14	HAMILTON
ENGINEERING   &   SURVEYING,   LLC

TAMPA OFFICE	ORLANDO OFFICE
3409 w. lemon street	775 warner lane tempo, fl 33609	orfando, fl 32803
813.250.3535	407.362.5929

Stoneybrook South at ChampionsGate Community Development District

Supplemental Engineer's Report for Fox North and Parcel B (Collectively the Series 2022 Assessment Area)

March 7, 2022

Prepared For:

The Board of Supe.rvisors
Stoneybrook South at ChampionsGate Community Development District Osceola County, Florida

www.hamilfonengineering.us

Table of Contents

Section	Page

1.0	Purpose	1
2.0	Introduction	1
3.0	Land Use and Zoning	1
4.0	Existing Conditions	1
Fox North Infrastructure Improvements	1
Site Work and Grading	2
Roadway Improvements	2
Stormwater Management	2
Utilities	3
Landscaping and Hardscape	3
Parcel B Infrastructure Improvements	3
Site Work and Grading	3
Roadway Improvements	3
Stormwater Management	3
Utilities	3
Landscaping and Hardscape	4
7.0	Estimate of Probable Construction Costs	4
8.0	Ownership and Maintenance Authority	5
9.0	Status of Permits and Approvals	6
10.0	Conclusion and Engineer's Opinion	6
Tables
Table 1	Development Program	2
Table 2.0	Fox North Estimate of Total Probable Cost - Engineer's Opinion	4
Table 2.1	Parcel B Estimate of Total Probable Cost - Engineer's Opinion	5
Table 3	Proposed Facilities and Services	5

Exhibits

Exhibit 1 Exhibit 2A Exhibits 2B-2C Exhibit 3
Exhibit 4
Exhibit 5
Exhibit 6 Exhibit6A

Vicinity Map District Boundaries Legal Descriptions
Future land Use Map Aerial Map
Utilities
Fox North Site Plan Parcel B Site Plan

Hamilton Engineering and Surveying, LLC
Stoneybrook South at ChampionsGate COD - Supplemental Engineer's Report Series 2022 Assessment Area • March 2022•

Stoneybrook South at ChampionsGate Community Development District

Supplemental Engineer's Report for the Series 2022 Assessment Area

1.0 Introduction
The Stoneybrook South at ChampionsGate Community Development District ("District"} is an existing Community Development District currently consisting of approximately 630.83 acres. The District was established in 2016 for the purposes of financing the acquisition and/or construction of certain public infrastructure necessary for funding and to support the orderly development of the District (see Exhibit 1 ).
The District was created by ordinance #2016-70 of the Board of County Commissioners of Osceola County, Florida pursuant to Chapter 190, Florida Statutes (the "Act").
The District previously expanded the District boundaries to include two adjacent properties referred to as "Fox North" and "Parcel B" (AKA "Tract X" in development plans} (See Exhibit 2). The development of these parcels is addressed in this report.
The District is intending to issue its Special Assessment Bonds, Series 2022 (the "Bonds"}, to partially fund improvements for the Fox North parcel and Parcel B (collectively the "Project") which areas are collectively referred to as the "Series 2022 Assessment Area."
2.0 Purpose

The purpose of this report is to generally describe the infrastructure improvements constituting The Project that may be funded by the District with a portion of the net proceeds of the Bonds, and provide an estimate of the engineer's opinion of probable costs for The Project.
Fox North comprises approximately 34.64 acres located within unincorporated Osceola County, Florida, in Section 30, Township 25 South, Range 27 East. It lies north of Bella Citta Boulevard and west of the ChampionsGate golf course. The site is accessed via Westside Boulevard and the Baxter Parcel to the south.
Fox North is being developed by Lennar Homes, LLC (the "Master Developer"}.
Parcel B comprises 28.70 acres located in Section 19, Township 25 South, Range 27 East. It lies north

of Ocean Course Avenue and east of Westside Boulevard and will access both roadways upon completion of the Parcel B improvements.
Parcel B is being developed by the Master Developer.
3.0 Land Use and Zoning
Fox North and Parcel B are zoned Tourist Commercial (TC}. This zoning allows for short-term rental residential development as a permitted use within the commercial land use district. Development standards are established by the zoning district. There is no commercial development proposed (see Exhibit 3).
Fox North will include a mix of permanent and short­ term rental residents. The single-family detached lots will be developed as short-term rental and the attached single-family townhome lots will be developed for permanent residents. The two portions of the development are separated by an emergency access gate only. There is no direct vehicular connection between the two portions of the site.
Parcel B will be developed for permanent residents only, and will include a mix of single-family attached and detached units.
Table 1 on the following page summari"zes the development program and land use for The Project.
4.0 Existing Conditions
Fox North and Parcel B have been permitted and construction of the site infrastructure has begun including offsite Westside Boulevard extension, stormwater ponds and utilities. (see Exhibit 4 Aerial Map).
Plats for both parcels have been submitted to Osceola County for review.

Fox North Infrastructure

The District will finance with a portion of the net proceeds of the Bonds the construction and/or acquisition of certain public infrastructure improvements constituting The Project that will benefit the Fox North Assessment Area. Some of the infrastructure financed by the District will be transferred to other local governments or public entities for ownership, operation and maintenance as applicable pursuant to the service provided. This section of the report details the infrastructure improvements that may be financed and acquired and/or constructed by the District (see Exhibit 6).

Hamilton Engineering and Surveying. LLC
Stoneybrook south at ChampionsGate CDD -Supplemental Engineer's Report Series 2022 Assessment Area • Mar,h 2022•

Table 1 - Development Program	

Parcel	
Description	
Land Use	Areas
(acres)	Residential Single Family	Total Units	
				40-ft	50-ft	THs		
Fox North	Assessment Area	TC	34.64	81		116	197	
								
Parcel B	Assessment Area	TC	28.70		31	130	161	
								
Totals			63.34	81	31	246	358	
TC = Tourist Commercial	THs = Townhomes	

Site Work and Drainage
Fox North grading and drainage improvements include grading necessary for constructing the roadways, drainage and utility systems, perimeter landscape buffers and stormwater management ponds. Individual lot grading and retaining walls will be funded by the Master Developer or other private funding sources.
Roadway Improvements Offsite Roadways
Offsite roadway improvements include approximately 1,600 linear feet of two lanes of Westside Boulevard, a four-lane divided public urban collector roadway extending from the north property line of the Baxter parcel north to the intersection of Ocean Course Avenue. Only two lanes of the four-lane roadway will be constructed with the Fox North improvements. The westerly two lanes will be constructed by others with the adjacent project to the west.
The treatment of any mobility fee credits earned from the off-site roadway improvements will be determined pursuant to the terms of the acquisition agreement between the District and the Master Developer.
On-Site Private Roadways
Approximately 2,700 linear feet of the on-site two­ lane local roadway improvements within the southern half of Fox North are planned to be private roadways. These roadways will be gated and connected to the Baxter Parcel to the south. There will be no direct connection to the internal public roadways within the northern portion of Fox North. These private roadways will be constructed to Osceola County standards and specifications. All such roadways will be funded by the Fox Master Developer or other private funding sources.

The structural portion of the roadways including the pavement base and asphalt, signing and striping, sidewalks, and landscaping will be funded by the Fox Master Developer or other private funding sources.
Improvements funded by the District may consist of roadway stabilization for the drainage system including curb and gutters, inlets and culverts, and water and sewer utilities within the roadway rights-of­ way or dedicated utility easements.

On-Site Public Roadways
On-site public roadway improvements consist of the construction of the two-lane local roadways within the northern half of Fox North serving the townhome portion of the development. These public roadways will be constructed to Osceola County standards and specifications.
Public rights-of-way improvements funded by the District may consist of asphalt surface course, base, stabilization, curb and gutters, inlets and culverts, signing, striping, and water and sewer utilities within the roadway rights-of-way or dedicated utility easements.

Stormwater Management
The primary stormwater management system includes the acquisition and/or construction of the stormwater management ponds, culverts, control structures, and outfall swales. The stormwater ponds include one (1) wet detention ponds constructed with the site improvements. Stormwater runoff will be routed to the detention pond for water quality treatment and peak storm attenuation. Discharge will be through retention/infiltration or permitted control structures and spreader swales.

Hamilton Engineering
Stoneybrook South at ChamplonsGate CDD -Supplemental Engineer's Report Series 2022 Assessment Area • March 2022 •

Utilities
Water main construction includes mains, fittings, valves, and fire hydrants connecting to the existing water main along Westside Boulevard and Ocean Course Avenue.
Reclaimed water main construction includes reclaimed water mains, fittings, valves, and service tees for irrigation of the landscaping along Westside Boulevard median and easterly buffer tract, Ocean Course Avenue buffers and median, and the Fox North roadways.
Sanitary sewer construction in Fox North includes gravity sanitary sewer mains and manholes to connect to the existing gravity main in the Baxter parcel at Whistling Straights Boulevard (Exhibit 5).
The District is within the service area of the Toho Water Authority (TWA) and the utilities will be designed to TWA standards. Upon clearance for use and accepted by TWA, the District intends to convey these utilities to TWA for ownership, operation and maintenance.
The District is also within the service areas of Florida Gas Transmission, Duke Energy, and Centurylink. These utility providers will provide gas, electric power, telephone, and cable services to the District within the District roadway corridors and will be operated and maintained by such utility providers. District funds will not be used for private utilities construction.

Landscaping and Hardscape
Landscaping and irrigation include landscaping within the Westside Boulevard right-of-way and perimeter District boundary buffers.
Entry features consisting of landscaping and hardscape will be constructed within the public access roadway and landscape Parcels and will be financed by the District with a portion of the net proceeds from the Bonds.

Parcel B Infrastructure

The District will finance with a portion of the net proceeds of the Bonds the construction of certain public infrastructure improvements constituting The Project that will benefit the Parcel B Assessment Area. Some of the infrastructure financed by the District will be transferred to other local governments or public entities for ownership, operation and maintenance as applicable pursuant to the service provided. This section of the report details the Infrastructure improvements that may be financed

and acquired and/or constructed by the District (see Exhibit 6A).
Site Work and Drainage
Parcel B grading and drainage improvements include grading necessary for constructing the roadways, drainage and utility systems, perimeter landscape buffers and stormwater management ponds. Individual lot grading and retaining walls will be funded by the Master Developer or other private funding sources.
Roadway Improvements
All of the roadways in Parcel B are proposed to be public roadways. These public roadways will be constructed to Osceola County standards and specifications.
Improvements funded by the District may consist of asphalt surface course, base, stabilization, curb and gutters, inlets and culverts, striping, signage, and water and sewer utilities within the roadway rights-of­ way or dedicated utility easements.

Stormwater Management
The primary stormwater management system includes the acquisition and/or construction of the stormwater management ponds, culverts, control structures, and outfall swales. The stormwater ponds include one (1) wet detention pond. Stormwater runoff will be routed to the retention/detention pond for water quality treatment and peak storm attenuation. Discharge will be through retention/infiltration or permitted control structures and spreader swales.

Utilities
Water main construction includes mains, fittings, valves, and fire hydrants connecting to the existing water mains along Westside Boulevard and Ocean Course Avenue.
Reclaimed water main construction includes reclaimed water mains, fittings, valves, and service tees for irrigation of the landscaping along Westside Boulevard median and easterly buffer tract, and the Parcel B roadways.
Sanitary sewer construction in Parcel B includes gravity sanitary sewer mains and manholes to connect to a proposed lift station and a force main to be constructed within the Westside Boulevard right­ of-way southerly to an existing sanitary manhole (Exhibit 5). The District is within the service area of the TWA and the utilities will be designed to TWA standards. Upon clearance for use and accepted by

Hamilton Engineering and Surveying, LLC
Stoneybrook South at ChampionsGate CDD-Suppiement>.I Engineer's Report Series 2022 Assessment Area• March 2022•	3

TWA, the District intends to convey these utilities to TWA for ownership, operation and maintenance.
The District is also within the service areas of Florida Gas Transmission, Duke Energy, and Centurylink. These utility providers will provide gas, electric power, telephone, and cable services to the District within the District roadway corridors and will be operated  and  maintained  by  such  utility  providers. District funds will not be used for private utilities construction.

Landscaping and Hardscape
Landscaping and irrigation include landscaping within the Westside Boulevard right-of-way, the perimeter District boundary buffers, and the Parcel B rights-of­ way. Entry features consisting of landscaping and hardscape will be constructed within the public access roadway and landscape Parcels and will be financed by the District with the net proceeds from the Bonds.
7.0 Estimate of Probable Construction Cost
Table 2.0 below summarizes the engineer's opinion of the estimate of the total probable construction costs for the District financed Fox North.

Table 2.1 below summarizes the engineer's opinion of the estimate of the total probable construction costs for the District financed Parcel B.
These estimates are based on the engineer's understanding of the proposed development program and District activities, and recent experience with construction costs in the vicinity. They are an opinion only. Future events may occur (including construction means, methods, and materials; changes in regulatory criteria; market demands; development program changes; etc.) which could alter these estimates significantly.
The total estimated opinion of probable construction cost for the District-financed Fox North is $6,908,996. These costs are categorized in Ta le 2.0 below.
The total estimated opinion of probable construction cost for the District-financed Parcel B is $6,385,308. These costs are categorized in Table 2.1 below.
The total estimated opinion of probable cost for The Project is $13,294,304.

Table 2.0 Fox North - Estimate of Total Probable Costs	
Item	Description	Total Estimated Cost	
1	Earthwork, Stormwater Management Ponds & Erosion Control	$267,850	
2	Roads - on site	$850,000	
3	Storm Drainage	$500,000	
4	Potable Water	$336,000	
5	Sanitary Sewer	$508,000	
6	Reclaimed Water	$110,000	
7	Landscaping, Irrigation, Sod for Ponds	$152,200	
8	Hardscape Features	$50,000	
9	Offsite Roadway and Utility Improvements - Westside Blvd. Ext.	$1 ,977,150	
10	Prof Fees - Eng Design, Permitting, Surveying, Testing & Inspection	$374,300	
11	Water and Sewer Utility Connection and Impact Fees1	$1,155,405	
12	Clubhouse and Recreation Amenity	$0	
	Sub-Total	$6,280,905	
	Contingency	$628,091	
	Total	$6,908,996	

Fees paid upfront by the Master Developer on behalf of the District.
Note: This is an opinion of estimate only. Future events may occur (Including construction means, methods, and materials; changes in regulatory criteria; market demands; development program changes; etc.) which could alter these estimates significantly.

Hamilton Engineering
Stoneybrook South at ChampionsGate CDD - Supplemental Engineer's Report SP.riec. 2022 Assessmne Area • March 2022 •

Table 2.1 Parcel B (AKA Tract X) - Estimate of Total Probable Costs	

Item	Description	
Total Estimated Cost	
1	Earthwork, Stormwater Management Ponds & Erosion Control	$433,800	
2	Roads - on-site Public Roads	$600,000	
3	Storm Drainage	$370,000	
4	Potable Water	$225,000	
5	Sanitary Sewer	$512,000	
6	Reclaimed Water	$80,000	
7	Landscaping, Irrigation, Sod for Ponds	$161,000	
8	Hardscape Features	$50,000	
9	Offsite Roadway and Utility Improvements - Westside Blvd. Ext.	$2,026,260	
10	Prof Fees - Eng Design, Permitting, Surveying, Testing & Inspection	$402,500	
11	Water and Sewer Utility Connection and Impact Fees1	$944,265	
12	Clubhouse and Recreation Amenity	$0	
	Sub-Total	$5,804,825	
	Contingency	$580,483	
	Total	$6,385,308	

Fees paid upfront by the Master Developer on behalf of the District.
Note: This is an opinion of estimate only. Future events may occur (including construction means, methods, and materials; changes in regulatory criteria; market demands; development program changes; etc.) which could alter these estimates significantly.

8.0	Ownership and Maintenance Authority

Table 3 below lists the Fox North and Parcel B Infrastructure and the future ownership and maintenance authorities.

Table 3 - Proposed District Infrastructure	
No.	I
Infrastructure	Financed
By	Maintenance	Ownership	
1	Stormwater Ponds	COD	COD	CDD	
2	Stormwater Conveyance System	COD	COD	CDD	
3	Utilities - Water, Reclaimed Water and Sanitary Sewer	CDD	TWA	TWA	
4	Landscape Buffer Parcels and Irrigation	COD	coo	CDD	
5	On-Site Public Roadways	COD	Osceola County	Osceola County	
6	Offsite Roadway - Westside Boulevard	COD	Osceola
County	Osceola County	

9.0 Status of Permits and Approvals
The Project has been permitted by Osceola County, the Tohopekaliga Water Authority, the Florida Department of Environmental Protection, and the South Florida Water Management District. All permits/approvals necessary for construction have been obtained or are expected to be obtained in the ordinary course of development. All permits for maintenance will be obtained and transferred to the District or other public agencies.
10.0 Conclusion and Engineer's Opinion
It is our opinion that the costs to complete the District's infrastructure improvements for the Project as described in this report are reasonable and that these infrastructure improvements will benefit and add value to the lands within the District in excess of the costs of such improvements, and these infrastructure costs are for public improvements or community facilities as set forth in Section 190.012(1) and (2) of the Florida Statutes.
The estimate of probable cost of the listed improvements is only an estimate and not a guaranteed maximum price and is only for those District funded portions of the Project. It is not intended as an estimate of the total cost to construct all private and public improvements for the planned project. The estimated cost is based on contract prices and current construction costs for similar public work in Osceola County as may be applied to the Project. Due to material cost fluctuations and differences in contractor bids at the time the Project may be constructed, the final cost may be more or less than this estimate. Changes in the scope of work or final construction plans may also result in changes to the estimated construction cost.
All real property interests and infrastructure improvements purchased by the District will be the lower of actual cost or fair market value.
All public improvements described herein and financed by the District will be on land owned by the District or other unit of local government or for which the District or other unit of local government has a perpetual easement.

As long as the development within the Series 2022 Assessment Area remains consistent with the approved construction plans, it is my opinion that the proposed infrastructure improvements can be completed within the estimate of probable cost for those portions of the Project funded by the District.

David A. Reid, PE
Florida PE License #38794
Hamilton Engineering & Surveying, LLC.
Eng. Business Certificate of Authorization No. 8474

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OSCEOLA COUNTY POLK COUNTY

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HAMILTON
ENGINEERING   L  SURVEYING,   I  NC .

	GENERAL LOCATION MAP
STONEYBROOK SOUTH AT CHAMPIONSGATE COD	EXHIBIT
1	
	SEC TWP RGE
29,30,31-25S	-27 E	JOB NUMBER
53670.0001	DATE
03/22/22		

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					POLK COUNl'Y		
HAMILTON
ENGINEERING   &   SURVEYING, INC.

	CODBOUNDARY MAP
STONEYBROOK SOUTH AT CHAMPIONSGATE COD	
EXHIBIT
2	
	SECTWPRGE
29,30,31-25S-27E	JOB NUMBER	DATE
53670.0001	03/22/22			

DESCRIPTION FOR FOX NORTH

FOX PARCEL
BEING A REPLAT OF A PORTION OF TRACTS RW-2 AND LA-7 OF STONEYBROOK SOUTH NORTH PARCEL - PHASE 1 AS RECORDED IN PLAT BOOK 26, PAGE 147 OF THE PUBLIC RECORDS OF OSCEOLA COUNTY, FLORIDA AND A PARCEL OF LAND LYING IN A PORTION OF SECTION 30, TOWNSHIP 25, RANGE 27 EAST, DESCRIBED AS:

COMMENCE AT THE NORTHEAST CORNER OF SAID SECTION 30, TOWNSHIP 25 SOUTH, RANGE 27 EAST; THENCE RUN S00°14'18"E ALONG THE NORTHEAST 1/4 OF SAID SECTION 30, A DISTANCE OF 15.00 FEET; THENCE S89°49'59'W, A DISTANCE OF 1941.04 FEET TO A POINT ON SAID NORTH BOUNDARY OF TRACT RW-2 OF SAID STONEYBROOK SOUTH NORTH PARCEL - PHASE 1, ALSO BEING THE POINT OF BEGINNING, THENCE S00°04'43"E, A DISTANCE OF 25.27 FEET; THENCE S76°50'47"W,  A DISTANCE OF  25.70 FEET TO A POINT ON SAID WESTERLY BOUNDARY OF SAID STONEYBROOK SOUTH NORTH PARCEL - PHASE 1 THENCE soo•o4•33•w.
CONTINUE ALONG SAID WESTERLY BOUNDARY A DISTANCE OF 617.32 FEET; THENCE S89°48'41"W, A DISTANCE OF 15.00 FEET; THENCE S00°06'46"W, A DISTANCE OF 346.51 FEET TO THE SOUTHWEST CORNER OF TRACT WC11 OF SAID STONEYBROOK SOUTH NORTH PARCEL - PHASE 1; THENCE N89°48'54"E, A DISTANCE OF 662.18 FEET; THENCE soo·oo•44•w. A DISTANCE OF
979.45 FEET TO A POINT ON THE NORTHEAST CORNER OF STONEYBROOK SOUTH NORTH TRACT J WETLAND AS RECORDED IN
PLAT BOOK 3, PAGE 28 OF THE PUBLIC RECORDS OF OSCEOLA COUNTY, FLORIDA; THENCE S89°47'43"W ALONG THE NORTHERN BOUNDARY OF SAID STONEYBROOK SOUTH NORTH TRACT J WETLAND, A DISTANCE OF 663.88 FEET; THENCE N00°04'09"E, DEPARTING SAID NORTHERN BOUNDARY A DISTANCE OF 663.10 FEET TO THE NORTHEAST CORNER OF STONEYBROOK SOUTH NORTH PARCEL - PHASE 3 AS RECORDED IN PLAT BOOK 28, PAGES 43 OF THE PUBLIC RECORDS OF OSCEOLA COUNTY,  FLORIDA; THENCE S89°48'12"W, ALONG THE NORTH BOUNDARY OF SAID STONEYBROOK SOUTH NORTH PARCE - PHASE 3, A DISTANCE OF 648.22 FEET TO THE NORTHWEST CORNER OF STONEYBROOK SOUTH NORTH PARCEL - PHASE 3 THENCE N00°13'59"E, A DISTANCE OF 1,311.82 FEET; THENCE N89°49'59"E, A DISTANCE OF 685.48 FEET TO THE POINT OF BEGINNING.
CONTAINING 34.64 ACRES OR 1,508,989.09 SQUARE FEET, MORE OR LESS. TRACTRW-2
BEING A REPLAT OF A PORTION OF TRACT B OF STONEYBROOK SOUTH PHASE 4 AS RECORDED IN PLAT BOOK 25, PAGE 166 OF
THE PUBLIC RECORDS OF OSCEOLA COUNTY, FLORIDA, LYING IN A PORTION OF SECTION 19, TOWNSHIP 25 SOUTH, RANGE 27 EAST, DESCRIBED AS:

COMMENCE AT THE SOUTHEAST CORNER OF SAID SECTION 19, TOWNSHIP 25 SOUTH, RANGE 27 EAST; THENCE RUN N00°14'18"W ALONG THE EAST LINE OF THE SOUTHEAST 1/4 OF SAID SECTION 19, A DISTANCE OF 15.00 FEET TO A POINT ON THE NORTH RIGHT-OF-WAY LINE OF A 30 FOOT RIGHT-OF-WAY, IN PLAT BOOK B, PAGE 68 OF THE PUBLIC RECORDS OF OSCEOLA
COUNTY, FLORIDA; THENCE RUN S89°49'59"W, A DISTANCE  OF 1806.03 FEET TO THE POINT OF BEGINNING, ALSO BEING A POINT ON THE SOUTH BOUNDARY OF TRACT B OF STONEYBROOK SOUTH PHASE 4 AS RECORDED IN PLAT BOOK 25, PAGE 166 OF THE PUBLIC RECORDS OF OSCEOLA COUNTY, FLORIDA; THENCE S89°49'59"W CONTINUE ALONG SAID SOUTH BOUNDARY OF TRACT B,
A DISTANCE OF 820.29 FEET TO THE SOUTHWEST CORNER OF SAID TRACT B OF STONEYBROOK SOUTH PHASE 4, THENCE; N00°13'32"E, A DISTANCE OF 26.00 FEET; THENCE N89°49'59"E, A DISTANCE OF 758.07 FEET TO A POINT OF CURVATURE OF A CURVE CONCAVE SOUTHWESTERLY, HAVING A RADIUS OF 87.00 FEET AND A CHORD WHICH BEARS S67"25'36"E, A DISTANCE OF
67.26 FEET; THENCE ALONG THE ARC OF SAID CURVE TO THE RIGHT, A DISTANCE OF 69.06 FEET TO THE POINT OF BEGINNING.
THE ABOVE PARCEL CONTAINING 0.48 ACRES OR 20824.34 SQUARE FEET, MORE OR LESS.

LEGAL DESCRIPTION PROVIDED BY: HAMILTON ENGINEERING & SURVEYING	
HAMILTON
ENGINEERING  L  SURVEYING, INC.

	LEGAL DESCRIPTION
STONEYBROOK SOUTH AT CHAMPIONSGATE COD	
EXHIBIT
2A	
	SEC TWP RGE	JOB NUMBER	DATE
29,30,31-25S-27E	53670.0001	03/22/22		

LEGAL DESCRIPTION FOR PARCEL B (AKA TRACT X)

A REPLAT OF TRACT B, OF STONEYBROOK SOUTH PHASE 4, AS RECORDED IN PLAT BOOK 25, PAGES 166-168 OF THE PUBLIC RECORDS OF OSCEOLA COUNTY, FLORIDA, A SUBDIVISION LYING IN THE SOUTHEAST 1/4 OF SECTION 19, TOWNSHIP 25 SOUTH, RANGE 27 EAST,  BEING MORE PARTICULARLY  DESCRIBED  AS: COMMENCE AT THE SOUTHEAST CORNER OF SAID SECTION 19, TOWNSHIP 25 SOUTH, RANGE 27 EAST; THENCE RUN N 00°13'40" W ALONG THE EAST LINE OF THE SOUTHEAST 1/4 OF SAID SECTION 19, A DISTANCE OF 15.00 FEET; THENCE S 89°49'59" W, A DISTANCE OF 1650.81 FEET TO THE POINT OF BEGINNING; THENCE S 89°49'59" W, A DISTANCE 155.22 TO THE SOUTHEAST CORNER OF TRACT RW-2 OF FOX NORTH AS RECORDED IN PLAT BOOK... , PAGE .... OF THE PUBLIC RECORDS OF OSCEOLA COUNTY, FLORIDA AND ALSO BEING A POINT ON A CURVE CONCAVE SOUTHWESTERLY, HAVING A RADIUS OF 87.00 FEET, A CENTRAL ANGLE OF 45°28'50" AND A CHORD WHICH BEARS N 67°25'36" W,  A  DISTANCE OF  67.26 FEET; THENCE ALONG THE ARC OF SAID CURVE TO THE LEFT, A DISTANCE OF 69.06 FEET; THENCE S 89°49'59" W ALONG THE NORTHERN BOUNDARY OF SAID TRACT RW-2, A DISTANCE OF 758.07 FEET TO THE NORTHWEST CORNER OF TRACT RW-5 OF FOX NORTH; THENCE N 00°13'32" E DEPARTING SAID TRACT RW-5 OF FOX NORTH, A DISTANCE OF 1279.02 FEET; THENCE N 89°46'42" E ALONG THE NORTH LINE OF THE SOUTHWEST 1/4 OF THE SOUTHEAST 1/4 OF SECTION 19-25-27, A DISTANCE OF 971.80 FEET; THENCE S 00°03'46" W, A DISTANCE OF 1305.93 FEET TO THE POINT OF BEGINNING.

THE ABOVE PARCEL CONTAINING 28.70± ACRES, MORE OR LESS.

LEGAL DESCRIPTION PROVIDED BY: HAMILTON ENGINEERING & SURVEYING	
-HAMILTON
ENGINEERING   &    SURVEYING,  INC.

	LEGAL DESCRIPTION
STONEYBROOK SOUTH AT CHAMPIONSGATE COD	
EXHIBIT 28	
	SEC TWP RGE	JOB NUMBER	DATE
29,30,31-25S-27E	53670.0001	03/22/22		

FUTURE LAND USE LEGEND
1/::1 TOURIST COMMERCIAL RURAL ENCLAVE
fQj LOW DENSITY RESIDENTIAL
I CONSERVATION AREA

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3	
ENGINEERING I. SURVEYING, I NC.
•
	STONEYBROOK SOUTH AT CHAMPIONSGATE ODD		
	SEC TWP RGE	JOB NUMBER	DATE
29,30 ,31-25S-27E	5 36 70 .0001	03/22/22		

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SCALE 1:1500

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fNGINEERING   &   SURVEYING,   INC.	STONEYBROOK SOUTH AT CHAMPIONSGATE ODD

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EXHIBIT 4

SECTWPRGE
29 ,30 ,31-25 S-27 E

JOB NUMBER
53670.0001

DATE
03/22/22

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COUNlY

EXHIBIT
5

SEC "TWP RGE	JOB NUMBER
29,30,31-25S-27E	53670.0001

DA1E
03/22/22

PARCEL	DESCRIPTION	AREA (ACRES)	LAND USE	RESIDENTIAL SINGLE FAMILY
40 FT	50 FT	I THS
I	TOTAL UNITS	
FOX
NORTH	ASSESSMENT
AREA	
34.64	TC	
81	116	
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STONEYBROOK SOUTH NORTH PARCEL PHASE PLAT BOOK 26, PAGES 147-153
I	PARCEL ID;  30-2S.27-5129-0001-LA06
OWNER: STONEYBROOK SOUTH AT
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I:	KISSIMMEE, FLORIDA 34747
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29,30,31-25S-27E	JVD IIIUMBlcR
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03/09/22		

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STONEYBROOK SOUTH AT CHAMPIONSGATE CDD	EXHIBIT
6A	
	29,30,31-25S-27E      I53670.0001	03/09/22
SECTWPRGE	J OB NUMBER	I DATE		

PARCEL	
DESCRIPTION	AREA (ACRES)	LAND USE	RESIDENTIAL  SINGLE FAMILY

40 FT    I	50 FT    7  THS	TOTAL UNITS	

PARCELS	ASSESSMENT AREA	28.70	
TC	1	, 3	I	130	161	

 	 	

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SECTION 8

l;:>a\e:/March 7, 20

NT DIS'IiRI CT

COMMUNI,TY DEVEL. OPi .

STO YBR@O:J< SOU'I	.i T CHAMPIONSGATE

MASTER ASSESSMENT METHODOLOGY
FOR
SERIES 2022 ASSESSMENT AREA (SERIES 2022 PROJECT)

Prepared by

Governmental Management Services - Central Florida, LLC 219 E. Livingston St.
Orlando, FL 32801

Table of Contents
lntroduction	3
Purpose	3
Background	3
Special Benefits and General Benefits	4
Requirements of a Valid Assessment Methodology	5
Special Benefits Exceed the Costs Allocated	5
Assessment Methodology	5
Overview	5
Allocation of Debt	6
Allocation of Benefit	6
Lienability Test: Special and Peculiar Benefit to the Property	7
Lienability Test: Reasonable and Fair Apportionment of the Duty to Pay Non-Ad Valorem Assessments	7
3L0 ifrue-1::1-p IVh1:chanism/.........,......;,...............	..... . . ... , ..................; 	8

4L0 )\ssessm

t Roll .....;.......... ..•;....,....... ........ .•,. ...,.	8

5  0   Appendix ···••'II)••·············-•---•·············· •...,......... ·····································.·1··0···
Table 1: Development Pr	r, E!m_.......,...,........._...  ..................	, 	10
Table 2. Infrastructure Cos,  Est1mates.··•  .. ...... ..... .... .......   . ... ; 	1i1
Table 3: Bol')l'd  Si  zing/..........	....   . .......	. .. , ..................\........	. ...  ; 	12
t -aale-4": Allocation of Benefi, ...:....!...;.....................,..........;	13
T.able-§: Allocation.of Total Benefit/B•ar   Debt to Eacfu Pro.duct Type 	1A
Table 6: Par Debt and Annual Assessments	15
Table 7: Preliminary Assessment Roll	16
GMS-CF, LLC does not represent the Stoneybrook South at ChampionsGate Community Development District as a Municipal Advisor or Securities Broker nor is GMS-CF, LLC registered to provide such services as described in Section 15B of the Securities and Exchange Act of 1934, as amended. Similarly, GMS-CF, LLC does not provide the Stoneybrook South at ChampionsGate Community Development District with financial advisory services or offer investment advice in any form.

Introduction

The Stoneybrook South at ChampionsGate Community Development District (the "District") is a local unit of special-purpose government organized and existing under Chapter 190, Florida Statutes, as amended. The District anticipates the issuance of not to exceed $17,450,000 of tax exempt bonds in one or more series (the "Bonds") for the purpose of financing infrastructure improvements within an assessment area within the District referred to as "Fox North" and "Parcel B" properties (collectively the "Series 2022 Assessment Area"), more specifically described in the Supplemental Engineer's Report dated March 7, 2022, prepared by Hamilton Engineering & Surveying, Inc., as may be amended and supplemented from time to time (the "Engineer's Report"). The District anticipates the construction of infrastructure improvements that benefit property owners within the District.

Purpose

This Master Assessment Methodology for the Series 2022 Assessment Area (the "Master Assessment  Report")  provides for an assessment  methodology for allocating
.the debt to be incurrep by the Disttict to benefitin  properties wifhin the Series 2022
A:ssessment!Area     "tlili;t the   Distr  t t.1fi Master Asses ment Report alloca.t thedebt
o properties based on the special.befle\i ts\each receit1e& from the Fox North and Parcel liJ Qpital Improve en( Plans (" ),iies 022 Project'1). 'Ji'his Master Assessment Report willlbe S1J.ppl mertte91 with one Of./hlore supplemertal:nlethadqlogy reportsito reflect the actual  t ..,an'tI conditions  at  the tlm of  the lssuaooe 9£.Je ach seriEl:l o'f District
S'L\ed  bonds.   s	Master I Asse BSment R port lis designed to con£ rr:i;l to the kequirementis  of   Qlapters  1  Oi   and· 1'16,  Flt;>rida  ISta;tutes  with  respec  w  special
a,s essments:and is c nsisterlt with our undrrs anding pf case law on this su ject.

The District intends to impose non ad valorem special assessments on the benefited lands within the Series 2022 Assessment Area within the District based on this Master Assessment Report. It is anticipated that all of  the proposed special assessments will be collected through the Uniform Method of Collection described in Chapter 197.3632, Florida Statutes or any other legal means of collection available to the District. It is not the intent of this Master Assessment Report to address any other assessments, if applicable, that may be levied by the District, a homeowner's association, or any other unit of government.

Background

The District currently includes approximately 630.83 acres in Osceola County, Florida. The Series 2022 Assessment Area contains approximately 63.34 acres within the District. The development program, with respect to the Series 2022 Assessment Area, currently includes approximately 358 residential units (herein the "Project Development Program"). The proposed Project Development Program is depicted in

Table 1. It is recognized that such land use plan may change, and this Master Assessment Report will be modified accordingly.

The public improvements contemplated by the District in the Series 2022 Project will provide facilities that benefit certain property within the Series 2022 Assessment Area within the District. The Series 2022 Project is delineated in the Engineer's Report. Specifically, the District will construct and/ or acquire certain earthwork and stormwater management ponds, roads, storm drainage, potable water, sanitary sewer, reclaimed water, landscaping and sod for stormwater ponds, hardscape features, offsite improvements, professional fees, and water and sewer utility connection and impact fees. The acquisition and construction costs are summarized in Table 2.

The assessment methodology is a four-step process.

The District Engineer must first determine the public infrastructure improvements and services that may be provided by the District and the costs to implement the Series 2022 Project.

l:.·1s

The-District Engineefaetermines tha,assessaol	acres 'lhat:15eneftTfrom lhe i trict's Series' 20 -2!Project'.
q.   A cakulation is	d,e	determine theifunding amounts necessary to
acqu!re.1an d / or c   tr	t the Series 2022 Project.
4.   T	.amount    us   jnitia   y'   divided    equally   among    the 'benefited
properties  on  a  prorate  gtoss  acr,eag  b-a$i-S.  01.timately,  "s  land  is pl	e\;I.,  this	mount   w.lll  be  assffllled   to   each  of  t	benefited
mes ba d, on.the m.1r1ber of Rla ed units.
pecial Benefits and	eltetal/Benefits	
Improvements undertaken by the District create special and peculiar benefits to assessable property, different in kind and degree than general benefits, for properties within its borders as well as general benefits to the public at large.

However, as discussed within this Master Assessment Report, these general benefits are incidental in nature and are readily distinguishable from the special and peculiar benefits, which accrue to property within the Series 2022 Assessment Area of the District. The implementation of the Series 2022 Project enables properties within the Series 2022 Assessment Area boundaries to be developed. Without the District's Series 2022 Project, there would be no infrastructure to support development of land within the Series 2022 Assessment Area of the District. Without these improvements, development of the property within the District would be prohibited by law.

There is no doubt that the general public and property owners outside the District and property owners outside of the Series 2022 Assessment Area will benefit from the provision of the District's Series 2022 Project. However, these benefits will be

incidental to the District's Series 2022 Project, which is designed solely to meet the needs of property within the Series 2022 Assessment Area of the District. Properties outside the District boundaries and outside the Series 2022 Assessment Area do not depend upon the District's Series 2022 Project. The property owners within the Series 2022 Assessment Area are therefore receiving special benefits not received by those outside the Series 2022 Assessment Area and outside the District's boundaries.

Requirements of a Valid Assessment Methodology

There are two requirements under Florida law for a valid special assessment:

The properties must receive a special benefit from the improvements being paid for.
The assessments must be fairly and reasonably allocated to the properties being assessed.

Florida law provides for a wide application of special assessments that meet these two char.icterlsfksof,special assesstnerlts.
Sp . i l Bene its Excee4 the Co s1.N. lo ated

'Irhe I  spe ctial1   ben 1i,     provided.    o  the   p.roperty   Ow-Rel'.&   wij:hin   the      ' ries  2022 As ssment ;Are ate greater thal;i the c tsi.associa d, with pr.oviding these! benefits. The;Distrlict iEngin    r \  stimates  tlni:r-ttre Disti'ict's Seri s 2022 Project thaUs I).ecessary
-'i:o $upport fµll devi¥opment f property ·tl-Jin thelSeries 2022 Assessment Area will
q,ist apprmqmately 1:t294-t3 . The Dis · d s Unrle(writer projects that nnancing costs required to funµ the nffastructure inwri:>verneJ:its, including projoct costs, the cost of issuance of the Bonds, the funding of debt service reserves and capitalized interest, will be approximately $17,450,000. Additionally, funding required to complete the Series 2022 Project which is not financed with Bonds will be funded by the Lennar Homes, LLC (the "Developer"). Without the Series 2022 Project, the property within the Series 2022 Assessment Area would not be able to be developed and occupied by future residents of the community therein.

Assessment Methodology

Overview

The District anticipates issuing up to $17,450,000 in Bonds to fund all or a portion of the District's Series 2022 Project, provide for capitalized interest, funding debt service reserves and paying costs of issuance. It is the purpose of this Master Assessment Report to allocate the $17,450,000 in debt to the properties benefiting from the Series 2022 Project.

Table 1 identifies the proposed Project Development Program as provided by the Developer. The Engineer's Report describes the Series 2022 Project needed to support the Project Development Program. The Series 2022 Project is estimated to cost
$13,294,304 and is outlined in Table 2. Based on the estimated costs, the size of the bond issue, under market conditions, needed to generate funds to pay for the Series 2022 Project and related costs was determined by the District's Underwriter to total approximately $17,450,000. Table 3 shows the breakdown of the bond sizing.

Allocation of Debt

Allocation of debt is a continuous process until the development plan for the District is completed. The Series 2022 Project funded by District Bonds benefits all developable acres within the Series 2022 Assessment Area of the District.

The initial assessments will be levied on an equal basis to all acres within the Series
2022 Assessment Area of the District. A fair and reasonable methodology allocates the

debt incurred by the District proportionately to the properties receiving the special benefits. At tllis po_in t all of the lai\ds within the Series 20:21 Assessment Area of tlte

Dtstrict willibenefit	om	the	impr  v.

nc ,e platting or 1th¢ record' gJ ofi d claration of condominium, ("Assigned RroI?er ties")1    has gun,  theas     me · s  ':"'ill  be  levied  to  th   Assigne<I  Properties ms«;id on tiw beQefits they rec iv¢. The Unassigner:i P,.mper.ties, defined as ;proper ty tha ihas not peen !iatt d, assi    eti·development rights\or   subjected to a decli:).ration of
.t:or.i:dominiu)n,  w      continuk  to- be  ass   se,d  on  a   per   acre  basis   ('Unassigned P,toperties")f Event4all the1Prpject Devel m nt Rrowam will be completect and the debt relating to the B  nds   ill;be allocated tqe plaruj.ed 358 residential  un ts within the Series 2022 Assessment Area of the District, which are the beneficiaries of the Series 2022 Project, as depicted in Table 5 and Table 6. If there are changes to the development program, a true up of the assessment will be calculated to determine if a debt reduction or true-up payment from the Developer is required. The process is outlined in Section 3.0.

The assignment of debt in this Master Assessment Report sets forth the process by which debt is apportioned. As mentioned herein, this Master Assessment Report will be supplemented from time to time.

Allocation of Benefit

The Series 2022 Project consists of earthwork and stormwater management ponds, roads, storm drainage, potable water, sanitary sewer, reclaimed water, landscaping and sod for stormwater ponds, hardscape features, offsite improvements, professional fees, and water and sewer utility connection and impact fees . There are three residential product types within the planned development. The single-family 50'

home has been set as the base unit and has been assigned one equivalent residential unit ("ERU"). Table 4 shows the allocation of benefit to the particular land uses. It is important to note that the benefit derived from the Series 2022 Project on the particular units exceeds the cost that the units will be paying for such benefits.

Lienability Test: Special and Peculiar Benefit to the Property

Construction and/or acquisition by the District of its proposed Series 2022 Project will provide several types of systems, facilities and services for its residents. These include earthwork and stormwater management ponds, roads, storm drainage, potable water, sanitary sewer, reclaimed water, landscaping and sod for stormwater ponds, hardscape features, offsite improvements, professional fees, and water and sewer utility connection and impact fees. These improvements accrue in differing amounts and are somewhat dependent on the type of land use receiving the special benefits peculiar to those properties, which flow from the logical relationship of the improvements to the properties.

Once thei;e determinations are mafie, 'they are re ewed In fRe fight of the speci;:11 nefits necl/lliar to e 'proper ty, wh flow to the i:,'OJ:?erfies as a result of/their ogical
con,nection (rom thelimprovemen\s fn act actually pro;vided.

Flor the prov'.ision4£ tjte Series 2b2:1. Proj t;, the special1and pecJJliar bene ts ;i.re:

the ad. ed:,use of tne proper-ty:,
added E:f jo ment'of,th	ty,\an d
he prob\	ility oi increased ma •ketabilin, nd value of the prc,perty.

These special and peculiar benefits are real and ascertainable but are not yet capable of being calculated as to value with mathematical certainty. However, each is more valuable than either the cost of, or the actual non-ad valorem special assessment levied for the improvement or the debt as allocated.

Lienability Test: Reasonable and Fair Apportionment of the Duty to Pay Non-Ad Valorem Assessments

A reasonable estimate of the proportion of special and peculiar benefits received from the public improvements described in the Engineer's Report relating to the Series 2022 Assessment Area is delineated in Table 5 (expressed as Allocation of Par Debt per Product Type).

The determination has been made that the duty to pay the non-ad valorem special assessments is fairly and reasonably apportioned because the special and peculiar benefits to the property derived from the acquisition and/ or construction of the District's Series 2022 Project have been apportioned to the property according to

reasonable estimates of the special and peculiar benefits provided consistent with the land use categories.

Accordingly, no acre or parcel of property within the boundaries of the District will have a lien for the payment of any non-ad valorem special assessment more than the determined special benefit peculiar to that property and therefore, the debt allocation will no be increased more than the debt allocation set forth in this Master Assessment Report.

In accordance with the benefit allocation suggested for the product types in Table 4, a total debt per unit and an annual assessment per unit have been calculated for each product type (Table 6). These amounts represent the preliminary anticipated per unit debt allocation assuming all anticipated units are built and sold as planned, and the entire proposed Series 2022 Project is developed or acquired and financed by the District.

3.0	True Up Mechanism
Although the Dis  t d.oes not prdc plats, declar11.tiqn of condominiums, E?ite p  ans or tevisicms 1 thereto	'for1the Develb t:!r1 it \does have an important role to play  during tpe course of  platting aJjd site plahnjng.  'W.henever   plat, declaration  of  coodbminium or stte plan is-pr-G&s d, the Di iFt m t a.Ho cate a1portion of its debt to the ip  ro    per	ty
ax:co,rdin to-th  Master Asses :m,ent Re  o   outlined Q.frcin...  )J,I a ddition, th¢  District mu t also pitevent   ny, buildu   of debt"'8n Ubassi grped lProper       ty.  Otherwise;, the land
o 1d be1fuVly con	y  d and//or  atted  ·  itllout an o   the debt being allo¢ted. To
weclude this, at th til)le lb'mfssigned Pr petties beciome Assigned Prc,pa,:-ties, the District will :determi the amJi)unt of antici ate,d assef$ment revenue that remains on the Unassigned Properties, taking into account the proposed plat, or  site  plan approval. If the total anticipated assessment revenue to be generated from  the Assigned and Unassigned Properties is greater than or equal to the maximum annual debt service then no debt reduction is required.  In the case that the revenue generated is less than the required amount then a debt reduction or true-up payment by the landowner in the amount necessary to reduce the par amount of  the  outstanding Bonds plus accrued interest to a level that will be supported by the new net  annual debt service assessments will be required.

4.0	Assessment Roll

The District will initially distribute the liens across the Series 2022 Assessment Area within the District boundaries on a gross acreage basis. As Assigned Property becomes known with certainty, the District will refine its allocation of debt from a per acre basis to a per unit basis as shown in Table 6. If the land use plan changes, then the District will update Table 6 to reflect the changes. As a result, the assessment liens are neither fixed nor are they determinable with certainty on any acre of land within

the Series 2022 Assessment Area within the District prior to the time final Assigned Properties become known. At this time the debt associated with the District's Series 2022 Project will be distributed evenly across the acres within the Series 2022 Assessment Area of the District. As the development process occurs, the debt will be distributed against the Assigned Property in the manner described in this Master Assessment Report. The current assessment roll is depicted in Table 7.

TABLE 1
STONEYBROOK SOUTH AT CHAMPIONSGATE COMMUNITY DEVELOPMENT DISTRICT DEVELOPMENT PROGRAM
MASTER ASSESSMENT METHODOLOGY - SERIES 2022 ASSESSMENT AREA (SERIE 2022 PROJECT)

	Product Types	Fox North	Parcel B	Total	ER Us per Unit (1)	Total ERUs		
	Townhome (SF)	116	130	246	0.75	184.5		
	Single Family40'	81	0	81	0.8	64.8		
	Single Family 50'	0	31	31	1	31		
	Total Units	197	161	358		280		

(1) Benefit is allocated on an ERU basis; based on density of planned development, with Single Family 50' = 1 ERU

* Unit mix is subject to change based on marketing and other factors

Prepared by: Governmental Management Services - Central Florida, LLC

TABLE 2
STONEYBROOK SOUTH AT CHAMPIONSGATE COMMUNITY DEVELOPMENT DISTRICT INFRASTRUCTURE COST ESTIMATES
MASTER ASSESSMENT METHODOLOGY - SERIES 2022 ASSESSMENT AREA (SE(! 2022 PROJECT)

	SERIES 2022 Project Capital Improvement Plan ("CIP") (1)	 	Fox North		Parcel B	Total Cost Estimate		
	Earthwork/Erosion Control/Stormwater Managment Ponds	$267,850	$433,800	$701,650		
	Roads	$850,000	$600,000	$1,450,000		
	Storm Drainage	$500,000	$370,000	$870,000		
	Potable Water	$336,000	$225,000	$561,000		
	Sanitary Sewer	$508,000	$512,000	$1,020,000		
	Reclaimed Water	$110,000	$80,000	$190,000		
	Landscaping  and Sod for Stormwater Ponds	$152,200	$161,000	$313,200		
	Hardscape Features	$50,000	$50,000	$100,000		
	Offsite Improvements	$1,977,150	$2,026,260	$4,003,410		
	Professional Fees	$374,300	$402,500	$776,800		
	Water and Sewer Utility Connection  and Impact Fees	$1,155,405	$944,265	$2,099,670		
	Contingency	$628,091	$580,483	$1,208,574		
	Total Captial Improvements	$6,908,996	$6,385,308	$13,294,304		

(1) A detailed description of these improvements is provided in the				
	Engineer's Report dated March 7, 2022.				

Prepared by: Governmental Management Services - Central Florida, LLC

TABLE 3
STONEYBROOK SOUTH AT CHAMPIONSGATE COMMUNITY DEVELOPMENT DISTRICT BOND SIZING
MASTER ASSESSMENT METHODOLOGY - SERIES 2022 ASSESSMENT AREA (SERIES 2022 PROJECT)

Description	Total		
Construction Funds		$13,294,304	
Debt Service Reserve		$1,329,430	
capitalized Interest		$2,094,000	
Underwriters Discount		$349,000	
Cost of Issuance		$380,000	
Rounding		$3,266	
Par Amount*		$17,450,000	

Bond Assum e_tion s:			
Average Coupon Rate	6.00%
Amortization	30 years
capitalized Interest	24
Debt Service Reserve	Max Annual D/S
Underwriters Discount	2%	

* Par amount is subject to change based on the actual terms at the sale of the Bonds

Prepared by: Governmental Management Services - Central Florida, LLC

TABLE 4
STONEYBROOK SOUTH AT CHAMPIONSGATE COMMUNITY DEVELOPMENT DISTRICT ALLOCATION OF BENEFIT
MASTER ASSESSMENT METHODOLOGY - SERIES 2022 ASSESSMENT AREA (SERIES 2022 PROJECT)

	
Product Types	
No. of Units *	
ERU Factor	
Total ERUs	% of Total
ERUs	Total Improvements
Costs Per Product Type	Improvement Costs
Per Unit		
	Townhome (SF)	246	0.75	185	65.82%	$8,750,621	$35,572		
	Single Family 40'	81	0.8	65	23.12%	$3,073,389	$37,943		
	Single Family 50'	31	1	31	11.06%	$1,470,294	$47,429		
	Totals	358		280	100.00%	$13,294,304			

* Unit mix is subject to change based on marketing and other factors

Prepared by: Governmental Management Services - Central Florida, LLC

TABLE 5
STONEYBROOK SOUTH AT CHAMPIONSGATE COMMUNITY DEVELOPMENT DISTRICT ALLOCATION OF TOTAL BENEFIT/PAR DEBT TO EACH PRODUCT TYPE PER UNIT
MASTER ASSESSMENT METHODOLOGY - SERIES 2022 ASSESSMENT AREA (SERIES 2022 PROJECT)

	

Product Types	
No. of Units *	

ERU Factor	

Total ERUs	Improvements Costs Per Product Type	Allocation of Par Debt Per Product Type	
Par Debt Per Unit		
	Townhome (SF)	246	0.75	185	$	8,750,621	$ 11,485,997	$	46,691		
	Single Family 40'	81	0.80	65	$	3,073,389	$ 4,034,106	$	49,804		
	Single Family 50'	31	1.00	31	$	1,470,294	$ 1,929,897	$	62,255		
Totals	358	 	280	13,294,304	$ 17,450,000 
e. -
Unit mix is subject to change based on marketing and other factors

Prepared by: Governmental Management Services - Central Florida, LLC

TABLE 6
STONEYBROOK SOUTH AT CHAMPIONSGATE COMMUNITY DEVELOPMENT DISTRICT PAR DEBT AND ANNUAL ASSESSMENTS FOR EACH PRODUCT TYPE
MASTER ASSESSMENT METHODOLOGY - SERIES 2022 ASSESSMENT AREA (SERJES 2022 PROJECT}

	
No. of Product Types	Units*	
ERU Per Unit	
Total ERUs	Allocation of Par Debt Per
Product Type	
Total Par Debt Per Unit	Maximum Annual Debt
Service	Net Annual Debt Assessment Per Unit	Gross Annual Debt Assessment Per Unit (1)		
	Townhome (SF)	246	0.75	184.50	$11,485,997	$46,691	$875,062	$3,557	$3,784		
	Single Family 40'	81	0.80	64.80	$4,034,106	$49,804	$307,339	$3,794	$4,036		
	Single Family 50'	31	1.00	31.00	$1,929,897	$62,255	$147,029	$4,743	$5,046		
	Totals	358		280	$17,450,000		$1,329,430				

(1) This amount includes collection fees and early payment discounts when collected on the Osceola County Tax Bill

Unit mix is subject to change based on marketing and other factors

Prepared by: Governmental Management Services - Central Florida, LLC

TABLE 7
STONEYBROOK SOUTH AT CHAMPIONSGATE COMMUNITY DEVELOPMENT DISTRICT PRELIMINARY ASSESSMENT ROLL
MASTER ASSESSMENT METHODOLOGY - SERIES 2022 ASSESSMENT AREA ERIES 2022 PROJECT)

	

Owner	Property*	

Acres	Total Par Debt
Allocation Per Acre	
Total Par Debt Allocated	Net Annual Debt
Assessment Allocation	Gross Annual Debt Assessment
All ocat ion (1)		
	LENNAR HOMES, LLC Fox North	34.64	$275,497	$9,543,227	$727,052	$773,459		
	LEN-CG SOUTH, LLC Parcel B	28.70	$275,497	$7,906,773	$602,378	$640,828		
	Totals	63.34		$17,450,000	$1,329,430	$1,414,288		

This amount includes 6% to cover coll ection fees and early payment discounts when collected utilizing the uniform method.

30
6.00%
$1,329,430

Annual Assessment Periods
Average Coupon Rate(%) Maximum Annual Debt Service

- See Metes and Bounds, attached as Exhibit A

Prepared by: Governmental Management Services - Central Florida , LLC

16

DESCRIPTION FOR FOX NORTH

FOX PARCEL
BEING A REPLAT OF A PORTION OF TRACTS RW-2 AND LA-7 OF STONEYBROOK SOUTH NORTH PARCEL - PHASE 1 AS RECORDED IN PLAT BOOK 26, PAGE 147 OF THE PUBLIC RECORDS OF OSCEOLA COUNTY, FLORIDA ANO A PARCEL OF LAND LYING IN A PORTION OF SECTION 30, TOWNSHIP 25, RANGE 27 EAST, DESCRIBED AS:

COMMENCE AT THE NORTHEAST CORNER OF SAID SECTION 30, TOWNSHIP 25 SOUTH , RANGE 27 EAST; THENCE RUN S00°14'18"E ALONG THE NORTHEAST 1/4 OF SAID SECTION 30, A DISTANCE OF 15.00 FEET; THENCE S89°49'59 "W, A DISTANCE OF 1941.04 FEET TO A POINT ON SAID NORTH BOUNDARY OF TRACT RW-2 OF SAID STONEYBROOK SOUTH NORTH PARCEL - PHASE 1, ALSO BEING THE POINT OF BEGINNING, THENCE S00°04'43"E, A DISTANCE  OF 25.27 FEET; THENCE S76°50'47"W, A DISTANCE  OF 25.70 FEET TO A POINT ON SAID WESTERLY BOUNDARY OF SAID STONEYBROOK SOUTH NORTH PARCEL - PHASE 1 THENCE S00°04'33"W,
CONTINUE ALONG SAID WESTERLY BOUNDARY A DISTANCE OF 617.32 FEET; THENCE S89°48'41"W, A DISTANCE OF 15.00 FEET;
THENCE S00°06'46"W, A DISTANCE OF 346.51 FEET TO THE SOUTHWEST CORNER OF TRACT WC11 OF SAID STONEYBROOK SOUTH NORTH PARCEL - PHASE 1; THENCE N89°48'54"E, A DISTANCE OF 662.18 FEET; THENCE S00°00'44"W, A DISTANCE OF
979.45 FEET TO A POINT ON THE NORTHEAST CORNER OF STONEYBROOK SOUTH NORTH TRACT J WETLAND AS RECORDED IN PLAT BOOK 3, PAGE 28 OF THE PUBLIC RECORDS OF OSCEOLA COUNTY, FLORIDA; THENCE S89°47'43"W ALONG THE NORTHERN BOUNDARY OF SAID STONEYBROOK SOUTH NORTH TRACT J WETLAND, A DISTANCE OF 663.88 FEET; THENCE N00°04'09"E, DEPARTING SAID NORTHERN BOUNDARY A DIST'ANCE OF 663.10 FEET TO THE NORTHEAST CORNER OF STONEYBROOK SOUTH NORTH PARCEL - PHASE 3 AS RECORDED IN PLAT BOOK 28, PAGES 43 OF THE PUBLIC RECORDS OF OSCEOLA  COUNTY, FLORIDA; THENCE S89°48'12"W, ALONG THE NORTH BOUNDARY OF SAID STONEYBROOK SOUTH NORTH PARCE - PHASE 3, A DISTANCE OF 648.22 FEET TO THE NORTHWEST CORNER OF STONEYBROOK SOUTH NORTH PARCEL - PHASE 3 THENCE N00°13'59"E, A DISTANCE OF 1,311.82 FEET; THENCE N89°49'59"E, A DISTANCE OF 685.48 FEET TO THE POINT OF BEGINNING.
CONTAINING 34.64 ACRES OR 1,508,989.09 SQUARE FEET, MORE OR LESS. TRACTRW-2
BEING A REPLAT OF A PORTION OF TRACT B OF STONEYBROOK SOUTH PHASE 4 AS RECORDED IN PLAT BOOK 25, PAGE 166 OF
THE PUBLIC RECORDS OF OSCEOLA COUNTY, FLORIDA, LYING IN A PORTION OF SECTION 19, TOWNSHIP 25 SOUTH, RANGE 27 EAST, DESCRIBED AS:

COMMENCE AT THE SOUTHEAST CORNER OF SAID SECTION 19, TOWNSHIP  25 SOUTH,  RANGE  27 EAST; THENCE  RUN N00°14'18"W ALONG THE EAST LINE OF THE SOUTHEAST 1/4 OF SAID SECTION 19, A DISTANCE OF 15.00 FEET TO A POINTON THE NORTH RIGHT-OF-WAY LINE OF A 30 FOOT RIGHT-OF-WAY, IN PLAT BOOK B, PAGE 68 OF THE PUBLIC RECORDS OF OSCEOLA COUNTY, FLORIDA; THENCE  RUN S89°49'59"W, A DISTANCE OF 1806.03 FEET TO THE POINT OF BEGINNING, ALSO BEING A POINT ON THE SOUTH BOUNDARY OF TRACT B OF STONEYBROOK SOUTH PHASE 4 AS RECORDED IN PLAT BOOK 25, PAGE 166 OF THE PUBLIC RECORDS OF OSCEOLA  COUNTY, FLORIDA; THENCE S89°49'59"W CONTINUE ALONG SAID SOUTH BOUNDARY OF TRACT B, A DISTANCE OF 820.29 FEET TO THE SOUTHWEST CORNER OF SAID TRACT B OF STONEYBROOK SOUTH PHASE 4, THENCE; N00°13'32"E, A DISTANCE  OF 26.00 FEET; THENCE N89°49'59"E, A DISTANCE OF 758.07 FEET TO A POINT OF CURVATURE OF A CURVE CONCAVE SOUTHWESTERLY, HAVING A RADIUS OF 87.00 FEET AND A CHORD WHICH BEARS S67°25'36"E, A DISTANCE OF
67.26 FEET; THENCE ALONG THE ARC OF SAID CURVE TO THE RIGHT, A DISTANCE OF 69.06 FEET TO THE POINT OF BEGINNING. THE ABOVE PARCEL CONTAINING 0.48 ACRES OR 20824.34 SQUARE FEET, MORE OR LESS.

LEGAL DESCRIPTION PROVIDED BY: HAMILTON ENGINEERING & SURVEYING	
-HAMILTON
ENGINEERING I, SURVEYING, I NC.

	LEGAL DESCRIPTION
STONEYBROOK SOUTH AT CHAMPIONSGATE COD	
EXHIBIT
2A	
	SEC TWP RGE	JOB NUMBER	DATE
29,30,31-25S-27E	53670.0001	03/22/22		

Exhibit A

LEGAL DESCRIPTION FOR PARCEL B (AKA TRACT X)

A REPLAT OF TRACT B, OF STONEYBROOK SOUTH PHASE 4, AS RECORDED IN PLAT BOOK 25, PAGES 166-168 OF THE PUBLIC RECORDS OF OSCEOLA COUNTY, FLORIDA, A SUBDIVISION LYING IN THE SOUTHEAST 1/4 OF SECTION 19, TOWNSHIP 25 SOUTH, RANGE 27 EAST, BEING  MORE PARTICULARLY  DESCRIBED  AS: COMMENCE AT THE SOUTHEAST CORNER OF SAID SECTION 19, TOWNSHIP 25 SOUTH, RANGE 27 EAST; THENCE RUN N 00°13'40" W ALONG THE EAST LINE OF THE SOUTHEAST 1/4 OF SAID SECTION 19, A DISTANCE OF 15.00 FEET; THENCE S 89°49'59" W, A DISTANCE OF 1650.81 FEET TO THE POINT OF BEGINNING; THENCE S 89°49'59" W, A DISTANCE 155.22 TO THE SOUTHEAST CORNER OF TRACT RW-2 OF FOX NORTH AS RECORDED IN PLAT BOOK... , PAGE .... OF THE PUBLIC RECORDS OF OSCEOLA COUNTY, FLORIDA AND ALSO BEING A
POINT ON A CURVE CONCAVE SOUTHWESTERLY, HAVING A RADIUS OF 87.00 FEET, A CENTRAL ANGLE OF 45°28'50" AND A CHORD WHICH BEARS N 67°25'36" W, A DISTANCE OF 67.26 FEET; THENCE ALONG THE ARC OF SAID CURVE TO THE LEFT, A DISTANCE OF 69.06 FEET; THENCE S 89°49'59" W ALONG THE NORTHERN BOUNDARY OF SAID TRACT RW-2, A DISTANCE OF 758.07 FEET TO THE NORTHWEST CORNER OF TRACT RW-5 OF FOX NORTH; THENCE N 00°13'32" E DEPARTING SAID TRACT RW-5 OF FOX NORTH, A DISTANCE OF 1279.02 FEET; THENCE N 89°46'42" E ALONG THE NORTH LINE OF THE SOUTHWEST 1/4 OF THE SOUTHEAST 1/4 OF
SECTION 19-25-27, A DISTANCE OF 971.80 FEET; THENCE S 00°03'46" W, A DISTANCE OF 1305.93 FEET TO THE POINT OF BEGINNING.

THE ABOVE PARCEL CONTAINING 28.70± ACRES, MORE OR LESS.

LEGAL DESCRIPTION PROVIDED B Y: HAMILTON ENGINEERING& SURVEYING	
HAMILTON
ENGINEERING  I  SURVEYING,  I NC.

	LEGAL DESCRIPTION
STONEYBROOK SOUTH AT CHAMPIONSGATE CDD	
EXHIBIT
28	
	SEC lWP  RGE
29 ,30 ,31-25S	
- 27 E	JOB NUMBER
53670.0001	DATE
03/22/22		

SECTION. D	-

.	..

-=	··--	.

-. .

-	. .,	--

-   .-     .	. 

------

RESOLUTION 2022-07

A RESOLUTION AUTHORIZING AND CONFIRMING THE PROJECT; EQUALIZING, APPROVING, AND LEVYING SPECIAL ASSESSMENTS ON PROPERTY SPECIALLY BENEFITED BY SUCH PROJECT TO PAY THE COSTS THEREOF; PROVIDING FOR THE PAYMENT AND THE COLLECTION OF SUCH SPECIAL ASSESSMENTS BY THE METHOD PROVIDED FOR BY CHAPTERS 170, 190 AND 197, FLORIDA STATUTES; CONFIRMING THE DISTRICT'S INTENTION TO ISSUE SPECIAL ASSESSMENT REVENUE BONDS; MAKING PROVISIONS FOR TRANSFERS OF REAL PROPERTY TO GOVERNMENTAL BODIES; PROVIDING FOR RECORDING OF AN ASSESSMENT NOTICE; AND PROVIDING FOR SEVERABILITY, CONFLICTS AND AN EFFECTIVE DATE.

BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE STONEYBROOK SOUTH AT CHAMPIONSGATE COMMUNITY DEVELOPMENT DISTRICT AS FOLLOWS:

SECTION 1.	AUTHORITY FOR THIS RESOLUTION. This Resolution is
adopted pursuant to Chapters 170, 190 and 197, Florida Statutes.

SECTION 2.	DISTRICT AUTHORITY AND PREVIOUS ACTIONS.

The Stoneybrook South at ChampionsGate Community Development District ("District") is a local unit of special-purpose government organized and existing under Chapter 190, Florida Statutes.

The District is authorized under Chapter 190, Florida Statutes, to construct roads, water management and control facilities, water and wastewater systems and other public infrastructure projects to serve lands within the District.

The District adopted of the Stoneybrook South at ChampionsGate Community Development District Supplemental Engineer's Report for the Fox North and Parcel B Assessment Areas, dated March 7, 2022 (the "Engineer's Report"), attached hereto and incorporated herein as Exhibit "A," describing the capital improvement program  to be constructed and/or acquired by the District ("Project").

The District is authorized by Chapter 170, Florida Statutes, to levy special assessments to pay all, or any part of, the cost of the Project and to issue special assessment revenue bonds payable from such special assessments as provided in Chapters 190 and 170, Florida Statutes.

SECTION 3.	FINDINGS. The District's Board of Supervisors ("Board") hereby finds and determines as follows:

It is necessary to the public safety and welfare, and to comply with applicable governmental requirements, that (i) the District provide the Project, the nature and location of which is described in the Engineer's Report and the plans and specifications on file at the District Manager's office at 219 E. Livingston Street, Orlando, Florida 32801; (ii) the cost of such Project be assessed against the lands specially benefited by such Project; and (iii) the District issue bonds to provide funds for such purposes, pending the receipt of such special assessments.

The provisions of said infrastructure projects, the levying of such special assessments and the sale and issuance of such bonds serves a proper, essential and valid public purpose.

In order to provide funds with which to pay the costs of the Project which are to be assessed against the benefited properties, pending the collection of such special assessments, it is necessary for the District to sell and issue its not-to-exceed
$6,500,000 Stoneybrook South at ChampionsGate Community Development District Special Assessment Bonds in one or more series ("Bonds").

In Resolution 2022-05, the Board determined to provide the Project and to defray the cost thereof by making special assessments on benefited property and expressed an intention to issue the Bonds to provide the funds needed for the Project prior to the collection of such special assessments. Resolution 2016-17 was adopted in compliance with the requirements of Section 170.03, Florida Statutes, and prior to the time the same was adopted, the requirements of Section 170.04, Florida Statutes had been complied with.

As directed by Resolution 2022-05, said resolution was published as required by Section 170.05, Florida Statutes, and a copy of the publisher's affidavit of publication is on file with the District Manager.

As directed by Resolution 2022-05, a preliminary assessment roll was prepared and filed with the Board as required by Section 170.06, Florida Statutes.

The Board, by Resolution 2022-05, and as ratified today, adopted the Master Assessment Methodology for Series 2022 Assessment Area (Series 2022 Project), dated March 7, 2022 ("Assessment Methodology"), attached hereto and incorporated herein as Exhibit "B".

The Board, by Resolution 2022-05, and as ratified today, approved the Engineer's Report.

As required by Section 170.07, Florida Statutes, upon completion of the preliminary assessment roll, the Board adopted Resolution 2022-06 fixing the time and place of a public hearing at which owners of the property to be assessed and other persons interested therein may appear before the Board and be heard as to (i) the propriety and advisability of making the improvements, (ii) the cost thereof, (iii) the

manner of payment therefor, and (iv) the amount thereof to be assessed against each parcel of specially benefited property and providing for the mailing and publication of notice of such public hearing.

Notice of such public hearing has been given by publication and by delivery as required by Section 170.07, Florida Statutes, and affidavits as to such publication and delivery are on file in the office of the Secretary of the Board.

At the time and place specified in the resolution and notice referred to in paragraph
(I) above, the Board met as an Equalization Board, conducted such public hearing and heard and considered all complaints as to the matters described in paragraph (I) above and, based thereon, has made such modifications (if any) in the preliminary assessment roll as it deems desirable at this time.

Having considered any revised costs of the Project, any revised estimates of financing costs and all complaints and evidence presented at such public hearing, the Board of Supervisors of the District finds and determines:

that the estimated costs of the Project are as specified in the Engineer's Report, and the amount of such costs is reasonable and proper; and

that it is reasonable, proper, just and right to assess the cost of such Project against the properties specially benefited thereby using the methods determined by the Board as set forth in the Assessment Methodology, which result in special assessments set forth on an assessment roll contained in the Assessment Methodology and herein adopted by the Board, and which roll will be supplemented and amended by the Board when properties are platted and when fmal project costs, structure and interest rate on the Bonds to be issued by the District are established; and

that the Project will constitute a special benefit to all parcels of real property listed on said assessment roll and that the benefit, in the case of each such parcel, will be in excess of the special assessment thereon; and

it is reasonable, proper, just and right for the District to utilize the true-up mechanisms and calculations contained in the Assessment Methodology in order to ensure that all parcels of real property benefiting from the Project are assessed accordingly and that sufficient assessment receipts are being generated in order to pay the corresponding bond debt-service when due; and

it is desirable that the special assessments be paid and collected as herein provided.

SECTION 4.	AUTHORIZATION  OF THE  PROJECT.   The Project,  as more
specifically described by the Engineer's Report and the plans and specifications on file with the District  Manager,   are  hereby  confirmed,   authorized   and  approved  and  the  proper officers,

employees and agents of the District are hereby authorized and directed to take such further action as may be necessary or desirable to cause the same to be made following the issuance of the Bonds.

SECTION 5.	ESTIMATED    COST  OF   IMPROVEMENTS.	The    total
estimated costs of the Project, and the costs to be paid by special assessments on all specially benefited property, are set forth in the Assessment Methodology.

SECTION 6.	APPROVAL   AND   CONFIRMATION	OF ASSESSMENT
METHODOLOGY. The Assessment Methodology is hereby adopted, approved and confirmed by the Board acting in its capacity as an Equalization Board. The special assessment or assessments against each respective parcel to be shown on the assessment roll and interest and penalties thereon, as hereafter provided, shall be and shall remain a legal, valid and binding first lien on such parcel until paid; such lien shall be co-equal with the lien of all state, county, district, municipal or other governmental taxes and superior in dignity to all other liens, titles, and claims.

SECTION 7.	FINALIZATION OF SPECIAL ASSESSMENTS. When all of
the Project has been constructed or otherwise provided to the satisfaction of the Board, the Board shall adopt a resolution accepting the same and determining the actual costs (including financing costs) thereof, as required by Sections 170.08 and 170.09, Florida Statutes. The District shall credit to each special assessment for the Project the difference between the special assessment as hereby made, approved and confirmed and the proportionate part of the actual costs of the projects, as finally determined upon completion thereof, but in no event shall the final amount of any such special assessment exceed the amount of benefits originally assessed hereunder. In making such credits, no discount shall be granted or credit given for any part of the payee's proportionate share of any actual bond financing costs, such as capitalized interest, funded reserves or bond discount included in the estimated cost of any such improvements. Such credits, if any, shall be entered in the District's Improvement Lien Book. Once the final amount of special assessments for all of the Project improvements have been determined, the term "special assessment" shall, with respect to each benefited parcel, mean the sum of the costs of the Project.

SECTION 8.	PAYMENT AND PREPAYMENT OF NON-AD VALOREM SPECIAL ASSESSMENTS AND METHOD OF COLLECTION.

All non-ad valorem special assessments shall be payable in no more than thirty (30) annual installments which shall include interest (excluding any capitalized interest period), calculated in accordance with the Assessment Methodology. All special assessments collected utilizing the uniform method of collection shall be levied in the amount determined in the first sentence of this paragraph divided by 1 minus the sum of the percentage cost of collection, necessary administrative costs and the maximum allowable discount for the early payment of taxes (currently a total of four percent (4%), as may be amended from time to time by Osceola County, Florida and by changes to Florida Statutes and implementing regulations, if any).

The District hereby may elect, under its charter and Section 197.3631, Florida Statutes, to use the method of collecting special assessments authorized by Sections 197.3632 and 197.3635, Florida Statutes. The District has heretofore timely taken, or

will timely take, all necessary actions to comply with the provisions of said Sections 197.3632 and 197.3635, Florida Statutes, and applicable rules adopted pursuant thereto to elect to use this method; and, if required, the District shall enter into a written agreement with the Property Appraiser and/or Tax Collector for Osceola County, Florida in compliance therewith. Such non-ad valorem special assessments shall be subject to all of the collection provisions of Chapter 197, Florida Statutes.

Notwithstanding the foregoing, the District reserves the right under Section 197.3631, Florida Statutes, to collect its non-ad valorem special assessments pursuant to Chapter 170, Florida Statutes, and to foreclose its non-ad valorem special assessment liens as provided for by law.

All special assessments may be prepaid in whole or in part at any time by payment of an amount equal to the principal amount of such prepayment plus interest accrued at the interest rate on the Bonds and in the amount sufficient to pay interest on the Bonds on the next interest payment date which occurs at least'45 days after such prepayment and to the next succeeding interest payment date if such prepayment is less than 45 days from the next interest payment date. All special assessments are also subject to prepayment in the amounts and at the times set forth in Chapter 170, Florida Statutes; provided, however, that the owner of land subject to special assessments may elect to waive such statutory right of prepayment.

SECTION 9.	GOVERNMENT PROPERTY; TRANSFERS OF PROPERTY TO UNITS OF LOCAL, STATE, AND FEDERAL GOVERNMENT. Property owned by
units oflocal, state, and federal government shall not be subject to the special assessments without specific consent thereto. In addition, property owned by a property owners' association or homeowner's association that is exempt from special assessments under Florida law shall not be subject to the special assessments. If at any time, any real property on which special assessments are imposed by this Resolution is sold or otherwise transferred to a unit of local, state, or federal government (without consent of such governmental unit to the imposition of special assessments thereon), all future unpaid special assessments for such tax parcel shall become due and payable immediately prior to such transfer without any further action of the District.

SECTION 10.	ASSESSMENT NOTICE. The District Manager is hereby directed to record a general Notice of Assessments in the Official Records of Osceola County, Florida, which shall be updated from time to time in a manner consistent with changes in the boundaries of the District.

SECTION 11.	SEVERABILITY. If any section or part of a section of this Resolution be declared invalid or unconstitutional, the validity, force and effect of any other section or part of a section of this Resolution shall not thereby be affected or impaired unless it clearly appears that such other section or part of a section of this Resolution is wholly or necessarily dependent upon the section or part of a section so held to be invalid or unconstitutional.

SECTION 12.	CONFLICTS. All resolutions or parts thereof in conflict herewith are, to the extent of such conflict, superseded and repealed.

SECTION 13.
its adoption.

EFFECTIVE DATE. This Resolution shall become effective upon

APPROVED  AND ADOPTED this 		day of April, 2022.

ATTEST:		BOARD OF SUPERVISORS OF THE STONEYBROOK SOUTH AT CHAMPIONSGATE COMMUNITY DEVELOPMENT DISTRICT, a Florida
community development district

By:_ _

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By: 	_

Name:_ _ _ _

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Name:_

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Secretary/Assistant Secretary	Chairman/Vice Chairman

EXHIBIT "A" ENGINEER'S REPORT
Stoneybrook South at ChampionsGate Community Development District
Supplemental Engineer's Report for the Fox North and Parcel B Assessment Areas, dated March 7, 2022

[See attached.}

EXHIBIT "B" ASSESSMENT METHODOLOGY
Master Assessment Methodology for Series 2022 Assessment Area (Series 2022 Project), dated March 7, 2022

[See attached.]

S ECTION V

RESOLUTION NO. 2022-08

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE STONEYBROOK SOUTH AT CHAMPIONSGATE COMMUNITY DEVELOPMENT DISTRICT (THE "DISTRICT") AUTHORIZING THE ISSUANCE OF NOT EXCEEDING $6,500,000 STONEYBROOK SOUTH AT CHAMPIONSGATE COMMUNITY DEVELOPMENT DISTRICT, SPECIAL ASSESSMENT BONDS, SERIES 2022 (SERIES 2022 ASSESSMENT AREA) (THE "BONDS") TO FINANCE CERTAIN PUBLIC INFRASTRUCTURE WITIDN THE SERIES 2022 ASSESSMENT AREA OF THE DISTRICT; DETERMINING THE NEED FOR A NEGOTIATED LIMITED OFFERING OF THE BONDS AND PROVIDING FOR A DELEGATED AWARD OF SUCH BONDS; APPOINTING THE UNDERWRITER FOR THE LIMITED OFFERING OF THE BONDS; APPROVING THE FORM OF AND AUTHORIZING THE EXECUTION AND DELIVERY OF A BOND PURCHASE CONTRACT WITH RESPECT TO THE BONDS; APPROVING THE FORM OF AND AUTHORIZING THE EXECUTION AND DELIVERY OF A FOURTH SUPPLEMENTAL TRUST INDENTURE; AUTHORIZING THE APPLICATION OF THAT CERTAIN MASTER TRUST INDENTURE DATED AS OF OCTOBER 1, 2017 FOR THE BONDS; APPROVING THE FORM OF AND AUTHORIZING THE DISTRIBUTION OF A PRELIMINARY LIMITED OFFERING MEMORANDUM; APPROVING THE EXECUTION AND DELIVERY OF A FINAL LIMITED OFFERING MEMORANDUM; APPROVING THE FORM OF AND AUTHORIZING THE EXECUTION OF A CONTINUING DISCLOSURE AGREEMENT, AND APPOINTING A DISSEMINATION AGENT; APPROVING THE FORM OF AND AUTHORIZING THE EXECUTION AND DELIVERY OF A COMPLETION AGREEMENT, A TRUE-UP AGREEMENT, AN ACQUISITION AGREEMENT, AND A COLLATERAL ASSIGNMENT; APPROVING THE APPLICATION OF BOND PROCEEDS; AUTHORIZING CERTAIN MODIFICATIONS TO THE ASSESSMENT METHODOLOGY REPORT AND ENGINEER'S REPORT; PROVIDING FOR THE REGISTRATION OF THE BONDS PURSUANT TO THE DTC BOOK-ENTRY ONLY SYSTEM; AUTHORIZING THE PROPER OFFICIALS TO DO ALL THINGS DEEMED NECESSARY IN CONNECTION WITH THE ISSUANCE, SALE AND DELIVERY OF THE BONDS; AND PROVIDING FOR SEVERABILITY, CONFLICTS AND AN EFFECTIVE DATE.
WHEREAS, the Stoneybrook South at ChampionsGate Community Development District (the "District") is a local unit of special-purpose government organized and existing in accordance with the Uniform Community Development District Act of 1980, Chapter 190, Florida Statutes, as amended (the "Act"), created by Ordinance No. 2016-70, duly enacted by the Board of County Commissioners of Osceola County, Florida, on August 16, 2016 (the "Original Ordinance"); and

WHEREAS, the Original Ordinance was supplemented by Ordinance No. 2019-45 enacted on May 20, 2019 and becoming effective on May 22, 2019, which Ordinance added approximately 58.75 acres to the District; and

WHEREAS, the Original Ordinance, as amended by Ordinance No. 2019-45, was subsequently amended by Ordinance No. 2020-16 enacted on October 5, 2020 and becoming effective on October 6, 2020, whereby the boundaries of the District were further expanded by approximately 192.657 acres (herein, the "Fox Expansion Parcel") for a total acreage of approximately 630.83 acres; and

WHEREAS, the District was created for the purpose of delivering certain community development services and facilities within and outside its jurisdiction; and

WHEREAS, the Board of Supervisors of the District (herein, the "Board") has previously adopted Resolution No. 2016-17 on October 4, 2016 (the "Initial Bond Resolution"), pursuant to which the District authorized the issuance of not to exceed $40,000,000 of its Special Assessment Bonds to be issued in one or more series to finance all or a portion of the District's capital improvement program; and
WHEREAS, any capitalized term used herein and not otherwise defined shall have the meaning ascribed to such term in the Initial Bond Resolution or the herein defined Fourth Supplemental Trust Indenture; and
WHEREAS, based on the current development plans of the Developer, the Board finds it necessary to finance a portion of the public infrastructure necessary for development within a portion of the Fox Expansion Parcel herein referred to as the Fox North Parcel and the public infrastructure for Parcel B and collectively referred to as the "Series 2022 Assessment Area"; and

WHEREAS, the District has, pursuant to the Initial Bond Resolution, among other things, approved the form of and authorized the execution and delivery of the Master Trust Indenture (the "Master Indenture") which was executed as of Octoher 1, 2017 in connection with the issuance of the District's first series of Bonds with U.S. Bank Trust Company, National Association, as successor to U.S. Bank National Association, as the appointed trustee (the "Trustee"); and
WHEREAS, the Board hereby determines to issue its Stoneybrook South at ChampionsGate Community Development District Special Assessment Bonds, Series 2022 (Series 2022 Assessment Area) (the "Bonds") in the principal amount of not exceeding $6,500,000 for the purpose of providing funds to finance a portion of the public infrastructure within the Series 2022 Assessment Area, specifically, the "Series 2022 Project," as described in the District's Supplemental Engineer's Report for Fox North and Parcel B (collectively, the "Series 2022 Assessment Area") dated March 7, 2022 ("Engineer's Report"); and
WHEREAS, the Series 2022 Project is hereby determined to be necessary to coincide with the Developer's plan of development; and
WHEREAS, there has been submitted to this meeting with respect to the issuance and sale of the Bonds and submitted to the Board forms of:

a Bond Purchase Contract with respect to the Bonds by and between FMSbonds, Inc., as the underwriter (the "Underwriter") and the District, together with the form of a disclosure statement attached to the Bond Purchase Contract pursuant to Section 218.385, Florida Statutes, substantially in the form attached hereto as Exhibit A (the "Bond Purchase Contract");

a Preliminary Limited Offering Memorandum substantially in the form attached hereto as Exhibit B (the "Preliminary Limited Offering Memorandum");
a Continuing Disclosure Agreement among the District, the dissemination agent named therein and the obligated parties named therein, substantially in the form attached hereto as Exhibit C;

a Fourth Supplemental Trust Indenture (the "Fourth Supplemental Trust Indenture") by and between the District and the Trustee substantially in the form attached hereto as Exhibit D; and

certain ancillary documents with the parties named therein, including a Completion Agreement, True-Up Agreement, Acquisition Agreement, and Collateral Assignment, each with the District and attached hereto as Exhibit E, Exhibit F, Exhibit G, and Exhibit H, respectively.
WHEREAS, in connection with the sale of the Bonds, it may be necessary that certain modifications be made to the Master Assessment Methodology for Series 2022 Assessment Area (Series 2022 Project), dated March 7, 2022, as supplemented ("Assessment Methodology Report"), prepared by Governmental Management Services - Central Florida, LLC and the Engineer's Report to conform such reports to the final terms of the Bonds; and
WHEREAS, the proceeds of the Bonds shall also fund a debt service reserve account, pay capitalized interest on the Bonds, and pay the costs of the issuance of the Bonds.
NOW, THEREFORE, BE IT RESOLVED by the Board of Supervisors of the Stoneybrook South at ChampionsGate Community Development District (the "Board"), as follows:
Section 1. Negotiated Limited Offering of Bonds. The District hereby finds that because of the complex nature of assessment bond financings and the volatile conditions prevailing in the market for special assessment bonds makes it necessary and in the best interest of the District that the Bonds, in the aggregate principal amount of not exceeding $6,500,000, be sold on a negotiated limited offering basis. The District hereby further finds that it will not be adversely affected if the Bonds are not sold pursuant to competitive sales.
Section 2. Purpose; Assessment Area Designation. The District has authorized its capital improvement plan, as set forth in the Engineer's Report, and hereby authorizes the financing of a portion of the acquisition and construction of certain public infrastructure benefiting the assessable lands within the Series 2022 Assessment Area of the District by issuing the Bonds to finance a portion of the Series 2022 Project. The Series 2022 Project includes, but is not limited to, stormwater drainage facilities including related earthwork and acquisition of interests in land

relating thereto; water and sewer facilities, including related impact fees; reclaimed water facilities; offsite roadway and utility improvements; landscaping, hardscape, irrigation and entrance features in public rights-of-way; and related costs, all as more particularly described in the Engineer's Report.

Section 3. Sale of the Bonds. Except as otherwise provided in the last sentence of this Section 3, the proposal submitted by the Underwriter offering to purchase the Bonds at the purchase price established pursuant to the parameters set forth below and on the terms and conditions set forth in the Bond Purchase Contract (attached hereto as Exhibit A), are hereby approved and adopted by the District in substantially the form presented. Subject to the last sentence of this Section 3, the Chairperson (or, in the absence of the Chairperson, any other member of the Board) is hereby authorized to execute and deliver on behalf of the District, and the Secretary of the District is hereby authorized (if so required) to affix the Seal of the District and attest to the execution of the Bond Purchase Contract in substantially the form presented at this meeting. The disclosure statements of the Underwriter, as required by Section 218.385, Florida Statutes, to be delivered to the District prior to the execution of the Bond Purchase Contract, a copy of which is attached as an exhibit to the Bond Purchase Contract, will be entered into the official records of the District. The Bond Purchase Contract, in final form as determined by counsel to the District, may be executed by the District without further action provided that (i) the Bonds mature not later than the statutory permitted period; (ii) the principal amount of the Bonds issued does not exceed $6,500,000; (iii) the interest rate on the Bonds shall not exceed the maximum rate permitted under Florida law; (iv) if the Bonds are subject to optional redemption which determination will be made on or before the sale date of the Bonds, the first optional call date shall be determined at such time and the redemption price shall be equal to the principal amount of Bonds redeemed; (v) the Bonds shall not mature later than the statutory permitted period; and (vi) the purchase price to be paid by the Underwriter for the Bonds is not less than 98.00% of the principal amount of the Bonds issued (exclusive of any original issuance discount).
Section 4. The Limited  Offering  Memorandum.  The  Limited  Offering Memorandum, in substantially the form of the Preliminary Limited Offering Memorandum (as herein defined and subject to the other conditions set forth herein) attached hereto as Exhibit B, with such changes as are necessary to conform to the details of the Bonds and the requirements of the Bond Purchase Contract, is hereby approved. The District hereby authorizes the execution of the Limited Offering Memorandum and the District hereby authorizes the Limited Offering Memorandum, when in final form, to be used in connection with the limited offering and sale of the Bonds. The District hereby authorizes and consents to the use by the Underwriter of a Preliminary Limited Offering Memorandum substantially in the form attached hereto as Exhibit B, in connection with the Limited Offering of the Bonds (the "Preliminary Limited Offering Memorandum"). The final form of a Preliminary Limited Offering Memorandum shall be determined by the Underwriter and the professional staff of the District. The Limited Offering Memorandum may be modified in a manner not inconsistent with the substance thereof and the terms of the Bonds as shall be deemed advisable by the Bond Counsel and counsel to the District. The Chairperson (or, in the absence of the Chairperson, any other member of the Board) is hereby further authorized to execute and deliver on behalf of the District, the Limited Offering Memorandum and any amendment or supplement thereto, with such changes, modifications and deletions as the member of the Board executing the same may deem necessary and appropriate with the advice of Bond  Counsel  and counsel to the District, such execution  and delivery  to be

conclusive evidence of the approval and authorization thereof by the District. The District hereby authorizes the Chairperson (or, in the absence of the Chairperson, any other member of the Board) to deem "final" the Preliminary Limited Offering Memorandum except for permitted omissions all within the meaning of Rule 15c2-12 of the Securities Exchange Act of 1934 and to execute a certificate in that regard.
Section S. Details of the Bonds. The proceeds of the Bonds shall be applied in accordance with the provisions of the Indenture. The Bonds shall mature in the years and in the amounts, bear interest at such rates and be subject to redemption, all as provided in the Indenture. The execution of the Indenture shall constitute approval of such terms as set forth in the Indenture and this Resolution. The maximum aggregate principal amount of the Bonds authorized to be issued pursuant to this Resolution and the Indenture shall not exceed $6,500,000.
Section 6. Continuing Disclosure; Dissemination Agent. The Board does hereby authorize and approve the execution and delivery of a Continuing Disclosure Agreement by the Chairperson (or, in the absence of the Chairperson, any other member of the Board) substantially in the form presented to this meeting and attached hereto as Exhibit C. The Continuing Disclosure Agreement is being executed by the District and the other parties thereto in order to assist the Underwriter in the marketing of the Bonds and compliance with Rule 15c2-12 of the Securities and Exchange Commission. Governmental Management Services - Central Florida, LLC is hereby appointed the initial dissemination agent.
Section 7. Authorization of Execution and Delivery of the Fourth Supplemental Trust Indenture; Application of Master Indenture. The District does hereby authorize and approve the execution by the Chairperson (or, in the absence of the Chairperson, the Vice Chairperson or any other member of the Board) and the Secretary and the delivery of the Fourth Supplemental Trust Indenture between the District and the Trustee. The Master Indenture shall be applicable to the Bonds. The Master Indenture and Fourth Supplemental Trust Indenture shall provide for the security of the Bonds and express the contract between the District and the owners of the Bonds. The Fourth Supplemental Trust Indenture shall be substantially in the form attached hereto as Exhibit D and is hereby approved, with such changes therein as are necessary or desirable to reflect the terms of the sale of the Bonds as shall be approved by the Chairperson (or, in the absence of the Chairperson, the Vice Chairperson, or any other member of the Board) executing the same, with such execution to constitute conclusive evidence of such officer's approval and the District's approval of any changes therein from the form of the Fourth Supplemental Trust Indenture attached hereto as Exhibit D.
Section 8. Authorization  and  Ratification  of Prior  Acts.  All  actions  previously taken by or on behalf of District in connection with the issuance of the  Bonds  are  hereby authorized, ratified and confirmed.
Section 9. Appointment of Underwriter. The Board hereby formally appoints FMSbonds, Inc. as the Underwriter for the Bonds.
Section 10. Book-Entry Only Registration System. The registration of the Bonds shall initially be by the book-entry only system established with The Depository Trust Company ("DTC").

Section 11. Assessment Methodology Report. The Board hereby authorizes any modifications to the Assessment Methodology Report prepared by Governmental Management Services - Central Florida, LLC in connection with the Bonds if such modifications are determined to be appropriate in connection with the issuance of the Bonds.
Section 12. Engineer's Report. The Board hereby authorizes any modifications to the Engineer's Report prepared by Hamilton Engineering & Surveying, Inc. in connection with the Bonds if such modifications are determined to be appropriate in connection with the issuance of the Bonds or modifications to the Series 2022 Project.

Section 13. Further Official Action. The Chairperson, the Vice Chairperson, the Secretary and each member of the Board and any other proper official or member of the professional staff of the District are each hereby authorized and directed to execute and deliver any and all documents and instruments and to do and cause to be done any and all acts and things necessary or desirable for carrying out the transactions contemplated by this Resolution. Such documents include, but are not limited to, a completion agreement, true-up agreement, acquisition agreement and collateral assignment, each between the Developer and the District or among the Developer, LEN-CG South, LLC and the District and attached hereto as Exhibit E, Exhibit F. Exhibit G, and Exhibit H, respectively and together with any other agreements relating to the Bonds or the Series 2022 Project (the "Ancillary Documents"). In the event that the Chairperson, the Vice Chairperson or the Secretary is unable to execute and deliver the documents herein contemplated, such documents shall be executed and delivered by the respective designee of such officer or official or any other duly authorized officer or official of the District herein authorized. The Secretary or any Assistant Secretary is hereby authorized and directed to apply and attest the official seal of the District to any agreement or instrument authorized or approved herein that requires such a seal and attestation.
Section 14. Severability. If any section, paragraph, clause or prov1S1on of this Resolution shall be held to be invalid or ineffective for any reason, the remainder of this Resolution shall continue in full force and effect, it being expressly hereby found and declared that the remainder of this Resolution would have been adopted despite the invalidity or ineffectiveness of such section, paragraph, clause or provision.
Section 15. Inconsistent Proceedings. All resolutions or proceedings, or parts thereof, in conflict with the provisions hereof are to the extent of such conflict hereby repealed or amended to the extent of such inconsistency.

PASSED in public session of the Board of Supervisors of the Stoneybrook South at ChampionsGate Community Development District, this 11th day of April, 2022.

ATTEST:

STONEYBROOK SOUTH AT CHAMPIONSGATE COMMUNITY DEVELOPMENT DISTRICT

By:_ _

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By:	 	

Name: George Flint
Title:	Secretary, Board of Supervisors

Name: - - - - - - - - - - - - -
Title: Chairperson, Board of Supervisors

EXHIBIT A
FORM OF BOND PURCHASE CONTRACT

EXHIBITB
DRAFT COPY OF PRELIMINARY LIMITED OFFERING MEMORANDUM

EXHIBITC
FORM OF CONTINUING DISCLOSURE AGREEMENT

EXHIBITD
FORM OF FOURTH SUPPLEMENTAL TRUST INDENTURE

EXIDBITE
FORM OF COMPLETION AGREEMENT

EXHIBITF
FORM OF TRUE-UP AGREEMENT

F-1

EXHIBITG

FORM OF ACQUISITION AGREEMENT

G-1

EXHIBITH

FORM OF COLLATERAL ASSIGNMENT

63265173v6/168822.010400

H-1

S ECTION VI

RESOLUTION 2022-09

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE STONEYBROOK SOUTH AT CHAMPIONSGATE COMMUNITY DEVELOPMENT DISTRICT APPROVING A PROPOSED BUDGET FOR FISCAL YEAR 2022/2023 AND SETTING A PUBLIC HEARING THEREON PURSUANT TO FLORIDA LAW; ADDRESSING TRANSMITTAL, POSTING AND PUBLICATION REQUIREMENTS; ADDRESSING SEVERABILITY; AND PROVIDING AN EFFECTIVE DATE.

WHEREAS, the District Manager has heretofore prepared and submitted to the Board of Supervisors ("Board") of the Stoneybrook South at ChampionsGate Community Development District ("District") prior to June 15, 2022, a proposed budget ("Proposed Budget") for the fiscal year beginning October 1, 2022 and ending September 30, 2023 ("Fiscal Year 2022/2023"); and

WHEREAS, the Board has considered the Proposed Budget and desires to set the required public hearing thereon.

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE STONEYBROOK SOUTH AT CHAMPIONSGATE COMMUNITY DEVELOPMENT DISTRICT:

PROPOSED BUDGET APPROVED. The Proposed Budget prepared by the District Manager for Fiscal Year 2022/2023 attached hereto as Exhibit A is hereby approved as the basis for conducting a public hearing to adopt said Proposed Budget.

SETTING A PUBLIC HEARING. A public hearing on said approved Proposed Budget is hereby declared and set for the following date, hour and location:

DATE: HOUR: LOCATION:

August 1, 2022

11:30 a.m.

Oasis Club at ChampionsGate 1520 Oasis Club Blvd.
ChampionsGate, FL 33896

TRANSMITTAL OF PROPOSED BUDGET TO LOCAL GENERAL PURPOSE GOVERNMENT. The District Manager is hereby directed to submit a copy of the Proposed Budget to Osceola County at least 60 days prior to the hearing set above.

POSTING OF PROPOSED BUDGET. In accordance with Section 189.016, Florida Statutes, the District's Secretary is further directed to post the approved Proposed Budget on the District's website at least two days before the budget hearing date as set forth in Section 2, and shall remain on the website for at least 45 days.

PUBLICATION  OF NOTICE.  Notice of this public hearing shall be published  in the manner prescribed in Florida law.

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.

EFFECTIVE DATE. This Resolution shall take effect immediately upon adoption.

PASSED AND ADOPTED THIS 11TH DAY OF APRIL, 2022.

ATTEST:		STONEYBROOK	SOUTH	AT CHAMPIONSGATE COMMUNITY DEVELOPMENT DISTRICT

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Secretary

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Stoneybrook South at ChampionsGate
Community Development District

Proposed Budget
FY 2023

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Table of Contents

1	 	General Fund 	

2-7	
 	General Fund Narrative 	

8	
Capital Reserve Fund 	

9	
 	Debt Service Fund Series 2017	

10	
 	Amortization Schedule Series 2017 	

11	
 	Debt Service Fund Series 2019	

12	
 	Amortization Schedule Series 2019 	

13	
 	Debt Service Fund Series 2020 	

14	
 	Amortization Schedule Series 2020	

Stoneybrook South at ChampionsGate
Community Development District

	Fiscal Year 2023 General Fund		
Adopted	Actual	Projected	Total	Proposed	
Budget	Thru	Next7	Thru	Budget	
 	FY2022	2128122	Months	9130122	FYZ023		
.BlxlWlil.						
Special Assessments - Tax Roll	$747,005	$666,344	$80,661	$747,005	$747,005	
Special Assessments - Direct Billed	$128,370	$128,370	$0	$128,370	$128,370	
Carry Forward Surplus	$189,927	$0	$118,985	$118,985	$0	

Expenditures
AdmjnlstraYye		
Supervisor Fees	$12,000	$1,200	$2,600	$3,800	$12,000	
FICA Expense	$918	$92	$199	$291	$918	
Engin-ng	$12,000	$1,045	$18,000	$19,045	$12,000	
Attorney	$25,000	$2,926	$12,074	$15,000	$25,000	
Dissemination	$11,000	$4,583	$6,417	$11,000	$14,000	
Arbitrage	$900	$450	$450	$900	$1,350	
AnnualAudl	$5,118	$0	$4,450	$4,450	$5,875	
Trustee Fees	$13,500	$8,620	$4,310	$12,930	$17,240	
Assessment Administration	$5,000	$5,000	$0	$5,000	$5,000	
Managemenl Fees	$35,000	$14,583	$20,417	$35,000	$36,750	
Information Technology	$1,050	$438	$813	$1,050	$1,300	
Website Maintenance	$600	$250	$350	$600	$800	
Telephone	$300	$0	$25	$25	$300	
Postage	$1,000	$57	$293	$350	$1,000	
Printing & Binding	$1,000	$59	$291	$350	$1,000	
Insurance	$5,950	$5,570	$0	$5,570	$6,700	
Legal Advertising	$2,500	$0	$5,000	$5,000	$2,500	
Other Current Charges	$1,000	$200	$300	$500	$1,000	
Office Supples	$625	$1	$ 24	$25	$625	
Property Appraiser		$0	$576	$576	$600	
Property Taxes	$0	$344	$0	$344	$:J;O	
Dues, Licenses & SUbscriplions	$175	$175	$0	$175	$175	
l2Wl l!d.miai§.tm.tf.	$134, 986	$45,593	$76,F	$1 21,981	$146 , 21!1	
Q2 m ·aa & M.aiaWaif.ace						
Field Services	$15,000	$6, 250	$11750	$15,000	$15,750	
Property Insurance	$6,050	$5,658	$0	$5,658	$6 .100	
Electric	$3!l5ID	$6 JJ	$1,155	$1,715	$3	9,6 00	
Streetlights	$71,200	$29,975	$40,995	$70,970	$123,400	
Water & Sewer	$75,000	$ 29,331	$4 2,329	$71,660	5)4,500	
Landscape Maintenance	$21&:fl 9	$!6 ,820	$121,548	$ 2()fl35 9	$264,377	
Landscape Contngency	$15,000	$0	$7,500	$7,500	$15,000	
lrrigelion Repairs	$15,000	$115JJ	$11470	$17,000	s	20,000	
Lake Maintenance	$5,000	$1, 925	$2,790	$4,715	$7,0 20	
Mitigation Monitoring & Maintenance	$7,100	$6,570	$6,635	$13, 205	$13,760	
contingency	$5,000	$0	$ 2,500	$2,500	$5,000	
Repairs & Maintnenance	$10,000	$0	$5,000	$5,000	$10,000	
Transfer Out- Capital Reserve	$449,017	$44 9,017	$0	$44 9,017	$113,Sll	
Total OQorstioas & Maintenance	$9JJ,316	$6 24,707	$ 247,6 72	$IV 2,379	 	 $729,093 j	

Total Revenues	 	$1,065,302	$794,714	$199,646	$994,360	$875,376 !

Total Expenditures	$1,065,302 	$670,300	$324,060	$994,360	$875,376 !
Excess Revenues/(Expendltures)	 	$0	$124,414		($124,414) 	$0		($0)!

Net Asseaement	$875,375	
CollacUon Coat (6%)	$55,875	
Gross Asseaamant	 	$931,250 	

       IProP,!!!): Ti e!	Units	Gross Par Unit	Gross Total   I

Condo	200	$343	$68,592	
Townhome	374	$446	$166,744	
Single Family 40'	353	$549	$193,696	
Single Family 50'	397	$666	$272,302	
Single FamJy 60'	166	$623	$153,093	
Sin le Faml BO'	70	1 097	$76,621	

 	Total	1580	$931 250 

Stoneybrook South at ChampionsGate
Community Development District
GENERAL FUND BUDGET

REVENUES:

Special Assessments

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

EXPENDITURES:

Administrative:

Supervisors Fees

Chapter 190, Florida Statutes, allows for each Board member to receive $200 per meeting, not to exceed $4,800 per year paid to each Supervisor for the time devoted to District business and meetings. The amount is based on 5 supervisors attending 12 meetings during the fiscal year.

FICA Expense

Represents the Employer's share of Social Security and Medicare taxes withheld from Board of Supervisor checks.

Engineering

The District's engineer, Hamilton Engineering & Surveying, Inc., will be providing general engineering services to the District, e.g. attendance and preparation for monthly board meetings, review invoices, preparation and review of contract specifications and bid documents and various projects assigned as directed by the Board of Supervisors and the District Manager.

Attorney

The District's legal counsel, Latham, Shuker, Eden & Beaudine, will be providing general legal services to the District, e.g. attendance and preparation for board monthly meetings, preparation and review of agreements, resolutions and other research as directed by the Board of Supervisors and the District Manager.

Dissemination

The District is required by the Security and Exchange Commission to comply with Rule 15c2- 12(b)(5) which relates to additional reporting requirements for unrated bond issues. The District has contracted with Governmental Management Services-Central Florida, LLC for this service on the Series 2017 Special Assessment Bonds, the Series 2019 Special Assessments Bonds and the Series 2020 Special Assessment Bonds Fox South Assessment Area. District expects to issue a new bond issuance before end of FY2021.

Stoneybrook South at ChampionsGate
Community Development District
GENERAL FUND BUDGET

Arbitrage

The District will contract with an independent certified public accountant to annually calculate the District's Arbitrage Rebate Liability on the Series 2019 Special Assessment Bonds and Series 2020 Special Assessment Bonds (Fox South Assessment Area). The District has contracted with AMTEC Corporation for this service. District expects to issue a new bond issuance before end of FY2021.

Annual Audit

The District is required annually to conduct an audit of its financial records by an Independent Certified Public Accounting Firm if State requirements have been met. The District currently contracts Berger, Toombs, Elam, Gaines & Frank for this service.

Trustee Fees

The District will pay annual trustee fees for the Series 2017, Series 2019 Special Assessment Bonds and Series 2020 Special Assessment Bonds (Fox South Assessment Area) that are located with a Trustee at USBank. District expects to issue a new bond issuance before end of of FY2021.

Assessment Administration

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

Management Fees

The District will be contracting with Governmental Management Services-Central Florida, LLC to provide Management, Accounting and Recording Secretary Services for the District. The services include, but are not limited to, recording and transcription of board meetings, administrative services, budget preparation, all financial reports, annual audits, etc.

Information Technology

The District has contracted with Governmental Management Services-Central Florida, LLC for costs related to District's information systems, which include but are not limited to video conferencing services, cloud storage services and servers, security, accounting software, etc.

Website Maintenance

The District has contracted with Governmental Management Services-Central Florida, LLC for the costs associated with monitoring and maintaining the District's website created in accordance with Chapter 189, Florida Statutes. These services include site performance assessments, security and firewall maintenance, updates, document uploads, hosting and domain renewals, website backups, etc.

Telephone

Telephone and fax machine.

Postage

Mailing of Board meeting agenda packages, overnight deliveries, correspondence, etc.

Stoneybrook South at ChampionsGate
Community Development District
GENERAL FUND BUDGET

Printing & Binding

Printing and Binding agenda packages for board meetings, printing of computerized checks, stationary, envelopes. Photocopies and other printed material.

Insurance

The District's general liability, public officials liability and property insurance coverages. The coverage is provided by Florida Insurance Alliance (FIA). FIA specializes in providing insurance coverage to governmental agencies.

Legal Advertising

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

Other Current Charges

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

Office Supplies

Miscellaneous office supplies.

Property Appraiser

Represents a fee charged by Osceola County Property Appraiser's office for assessment administration services.

Property Taxes

Represents the non-ad valorem assessment from Osceola County that will be charged to the District.

Dues. Licenses & Subscriptions

The District is required to pay an annual fee to the Florida Department of Economic Opportunity for
$175. This is the only expense under this category for the District.

Operations& Maintenance:

Field Services

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

Stoneybrook South at ChampionsGate
Community Development District
GENERAL FUND BUDGET

Property Insurance

Represents estimated costs for the annual coverage of property insurance. Coverage will be provided by Florida Insurance Alliance (FIA). FIA specializes in providing insurance coverage to governmental agencies.

Electric

Represents cost of electric services for items such as entrance lights, irrigation, etc. District currently has two accounts with Duke Energy.

Account#	Description	Monthlv	Annual	
9100 8577 8408	1521 Olympic Club Blvd, Entrance Lights	$50	$600	
9100 85811139	60401 Whistling Straits Blvd, Gate	$75	$900	
9100 8581 2255	90191 Leopard Creek Drive, Irrigation	$25	$300	
Contingency - 8 Fountains		$37,800	
Total		$39,600	

Streetlights

Represents costs for streetlights maintained with the District. Currently the District has 7 accounts with Duke Energy and is projected to have at least one more come on line in the fiscal year.

Account#	Description	Monthlv	Annual	
9100 8577 8680	000 Tri County Rd, N Parcel Entry	$850	$10,200	
9100 8581 2560	0000 Whistling Straits Blvd Lite	$1,475	$17,700	
9100 8577 8185	000 Westside Blvd Lite, SB Tract K SL	$565	$6,780	
9100 8577 8911	0 Westside Blvd Lite, Fox Prop West Blvd SL	$855	$10,260	
9100 8581 1402	000 Bella Citta Blvd Lite	$665	$7,980	
910085811600	000 Westside Blvd Lite, SS Tract K PH3 SL	$590	$7,080	
9100 8581 1874	000 Westside Blvd Lite, SS Tract K PH2 SL	$610	$7,320	
9100 8581 2099	00000 Westside Blvd Lite Fox Prop PH2C1	$1,390	$16,680	
	Fox North/X Tract - 91 Streetlights	$2,450	$29,400	
	Contingency		$10,000	
Total			$123,400	

Water & Sewer

Represents estimated reclaimed water cost. District currently has two accounts with Toho Water Authority and is projected to have more come online in the fiscal year.

Account#	Description	Monthly	Annual	
2627512-33111069	1500 Olympic Club Blvd. Meter A	$2,650	$31,800	
2627512-33169919	1000 Whistling Straits Blvd Block	$75	$900	
2627512-33254859	1000 Westside Block ODD Blvd 2" RM	$3,300	$39,600	
2627512-33319269	8703 Bella Gita Blvd	$100	$1,200	
	Contingency		$21,000	
Total			$94,500	

Stoneybrook South at ChampionsGate
Community Development District
GENERAL FUND BUDGET

Landscape Maintenance

The District will maintain the landscaping within Tract K area of the District. The District has contracted with Down to Earth Lawncare II, Inc. for this service.

Description	Monthlv	Annual	
Landscape Maintenance			
Tract K	$3,170	$38,040	
North Whistling Straits	$5,339	$64,068	
Baxter Tract	$813	$9,750	
Phase 1 - Westside Blvd	$3,043	$36,512	
Fox Property Ph5 Pond 1	$391	$4,692	
Fox Property Ph5 Pond 2	$2,495	$29,937	
Fox Property Ph5 Pond 4	$912	$10,945	
Fox Property Ph5 Pond 6	$858	$10,295	
Fox Property Ph5 Pond 7	$344	$4,129	
Fox North (FY23)	$1,621	$19,452	
Westside Blvd Fox North (FY23)	$247	$2,968	
Westside Blvd Tract X (FY23)	$390	$4,680	
Fox Tract X (FY23)	$1,534	$18,408	
Contingency		$10,500	
Total		
$264,377	

Landscag_e Continqenc"y'.	

Represents costs for installation of annuals, mulch and any other landscape expenses not covered under monthly landscape contract.

Description	Quarterly	Annual	
Landscape Contingency			
Annuals	$825	$3,300	
Mulch		$5,500	
Contingency		$6,200	
		$15,000	
Total			

Irrigation Repairs

Represents estimated costs for any supplies and repairs to irrigation system maintained by the District.

Stoneybrook South at ChampionsGate
Community Development District
GENERAL FUND BUDGET

Lake Maintenance

Represents costs for maintenance of 7 ponds located within the District. The District has contracted with The Lake Docotors Inc. for this service.

Description	Monthly	Annual	
Pond Maintenance - 7 Ponds	$404	$4,848	
X Tract Pond	$160	$1,920	
Contingency		$252	
Total		$7,020	

Mitigation Monitoring & Maintenance

Represents estimated costs for environmental monitoring, reporting and maintenance of mitigation areas within the District boundaries. The Disrict has contracted with Bio-Tech Consulting, Inc. for the mitigation monitoring and maintenance and American Ecosystems, Inc. for the cogon grass treatments.

Description	Annual	
Semi-Annual Monitoring - $1,000 per event Annual Mitigation Monitoring
Quarterly Maintenance - Mitigation Areas - $875 per event
Total	$2,000
$1,600
$3,500	
	$7,100	

Description	Monthly	Annual	
Cogan Grass Treatment	$555
Total	$6,660	
	$6,660	

Contingency

Represents any additional field expense that may not have been provided for in the budget.

Repairs & Maintenance

Represents estimated costs for any repairs and maintenance to common areas maintained by the District.

Transfer Out - Capital Reserve

Represents excess revenue transferred to Capital Reserve fund for capital outlay expenses.

Stoneybrook South at ChampionsGate
Community  Development District

Fiscal Year 2022 Capital Reserve Fund

	Adopted Budget	Actual
Thru	Projected Next7	Total
Thru	Proposed Budget	
	FY2022	2/28/22	Months	9/30/22	FY2023	

Revenues						
Interest	$0	$107	$240	$347	$250	
Transfer In	$449,017	$449,017	$0	$449,017	$113,886	
Total Revenues	 	$449,017	$449,124	$240	$449,364		$114,136 I

Expenditures		

Capital Outlay	$77,075	$38,538	$38,538	$17,075	$127,341	

Total Expenditures	 	$77,075		$38,538	$38,538	$77,075 $121,341 1 Excess Revenues/(Expenditures)                  $371,942	$410,587             !$38,298 )           $372,289             ($13 ,205)1 Fund Balance - Beginning	 		$0			$0		$0		$0           $372,2891
Fund Balance - Ending	 	$0	$410,587	{$3 8,298)	 $372,289	$359,0841

FY2022 Adopted Expenses	
Descri otion	Amount	
Purchase & Installation of Fountains
Pond 1 Fountain	$	24.456
Pond 3 Fountain	$	28,163
Pond Bella Cltta Fountain	$	24 456	
Total	$	77 075	

FY2023 ProposedExpenses	
Descri ption	Amount	
Purchase & Installation of Fountains		
Pond 2 Fountain	$	27,249	
Pond 4 Fountain	$	28,162	
Pond 5 Fountain	$	22,893	
Pond 6 Fountain	$	23,934	
Pond 10 Fountain	$	25,104	
Total	$	127 341	

Stoneybrook South at ChampionsGate
Community  Development District

	Fiscal Year 2023
Debt Service Fund		
	Series 2017		
	Adopted	Actual	Projected	Total	Proposed	
	Budget	Thru	Next7	Thru	Budget	
	FY2022	2/28/22	Months	9/30/22	FY2023	

Revenues						
Special Assessments	$301,800	$269,604	$32,196	$301 ,800	$301,800	
Interest Income	$0	$8	$10	$18	$0	
Carry Forward Surplus	$212,908	$215,132	$0	$215,132	$219,925	

Total Revenues	
$514,708	
$484,743	
$32,206	
$516,950	$521,725 l	
Expenses						
Interest - 12/15	$104,300	$104,300	$0	$104,300	$102,725	
Principal - 12/15	$90,000	$90,000	$0	$90,000	$95,000	
Interest- 6/15	$102,725	$0	$102,725	$102,725	$101,063	

Total Expenditures	 	$297,025	$194,300		$102,725	$297,025		$298,788 1 Excess Revenues/(Expenditures) 		$217,683	$290,443			($70,519) 	$219,925		$222,937 I
	Principal -12/15/2023	$95,000	
	Interest - 12/15/2023	 	$101,063	
	Total	 	$196,063	
	
Net Assessment	
$301,800	
	Collection Cost (6%)	$19,264	
	Gross Assessment	 	$321,084 	
IProperty Type	
Units	
Gross Per Unit	
Gross Total	
Single Famlly 50 '	79	$1,406	$111,074	
Single Family 60'	97	$1,510	$146,470	
 	Single Family 80'	37	$1,719	$63,603
 	!Total		213	$321,1471

Stoneybrook South at ChampionsGate Community Development District Series 2017, Special Assessment Bonds
(Term Bonds Combined)

Amortization Schedule

     Date	Balance	Principal	 	Interest	Annual	

6/15/22	$   4 390 000	$	$	102 725.00 $
12/15/22	$  4,390,000	$	95,000   $	102,725.00   $	300,450.00
6/15/23	$  4,295 000	$	$	101 062.50 $
12/15/23	$  4,295,000	$	95,000   $	101,062.50   $	297,125 .00
6/15/24	$  4,200,000	$	$	99,400.00 $
12/15/24	$  4,200,000	$	100,000   $	99,400.00   $	298,800.00
6/15/25	$  4,100,000	$	$	97,400.00 $
12/15/25	$  4,100,000	$	105,000   $	97,400.00   $	299,800.00
6/15/26	$  3,995,000	$	$	95,300.00 $
12/15/26	$  3,995,000	$	110,000   $	95,300 .00   $	300,600.00
6/15/27	$  3,885,000	$	$	93,100 .00 $
12/15/27	$  3,885,000	$	115,000   $	93,100 .00   $	301,200.00
6/15/28	$  3,770,000	$	$	90,800.00 $
12/15/28	$  3,770,000	$	120,000   $	90,800.00   $	301,600.00
6/15/29	$  3,650,000	$	$	88,400.00 $
12/15/29	$  3,650,000	$	125,000    $	88,400.00    $	301,800.00
6/15/30	$   3,525,000	$	$	85,509 .38 $
12/15/30	$   3,525,000	$	130,000    $	85,509.38   $	301,018.75
6/15/31	$  3,395,000	$	$	82,503 .13 $
12/15/31	$  3,395,000	$	135,000   $	82,503.13	$	300,006.25
6/15/32	$  3,260,000	$	$	79,381.25 $
12/15/32	$  3,260,000	$	140,000   $	79,381.25   $	298,762.50
6/15/33	$  3,120,000	$	$	76,143.75 $
12/15/33	$  3,120,000	$	145,000   $	76,143.75   $	297,287.50
6/15/34	$   2,975,000	$	$	72,790.63 $
12/15/34	$  2,975,000	$	155,000   $	72,790.63   $	300,581.25
6/15/35	$  2,820,000	$	$	69,206.25 $
12/15/35	$  2,820,000	$	160,000   $	69,206.25   $	298,412.50
6/15/36	$  2,660,000	$	$	65,506.25 $
12/15/36	$   2,660,000	$	170,000   $	65,506.25    $	301,0 12.50
6/15/37	$  2,490,000	$	$	61,575.00 $
12/15/37	$  2,490,000	$	175,000    $	61,575.00    $	298,150.00
6/15/38	$  2,315,000	$	$	57,528.13 $
12/15/38	$  2,315,000	$	185,000   $	57,528.13   $	300,056.25
6/15/39	$  2,130,000	$	$	53,250.00 $
12/15/39	$ 2,130,000	$	195 ,000   $	53,250.00   $	301,500.00
6/15/40	$  1,935 ,000	$	$	48,375 .00 $
12/15/40	$   1,935,000	$	200,000   $	48,375.00    $	296,750.00
6/15/41	$  1,735,000	$	$	43,375.00 $
12/15/41	$  1,735,000	$	215,000   $	43,375.00    $	301,750.00
6/15/42	$  1,520,000	$	$	38,000.00 $
12/15/42	$  1,520,000	$	225,000   $	38,000.00    $	301 ,000.00
6/15/43	$   1,295,000	$	$	32,375.00  $
12/15/43	$  1,295 ,000	$	235,000   $	32,375 .00    $	299,750.00
6/15/44	$   1,060,000	$	$	26,500.00 $
12/15/44	$  1,060,000	$	245,000   $	26,500.00    $	298,000.00
6/15/45	$	815,000	$	$	20,375.00 $
12/15/45	$	815,000	$	260,000   $	20,375.00    $	300,750.00
6/15/46	$	555,000	$	$	13,875.00	$
12/15/46	$	555,000	$	270,000   $	13,875.00	$	297,750.00
6/15/47	$	285,000	$	$	7,125.00 $
12/15/47	$	285,000	$	285,000   $	7,125.00    $	299,250.00
Totals	$	4,390,000    $	3,4 03,163 $ 1,193 ,1s 2.so I

Stoneybrook South at ChampionsGate
Community Development District

	Fiscal Year 2023
Debt Service Fund		
	Series 2019		
	Adopted Budget
FY2022	Actual
Thru 2/28/22	Projected
Next7 Months	Total Thru
9/30/22	Proposed Budget FY2023	

Revenues						
Special Assessments	$899,894	$802,374	$97,520	$899,894	$899,894	
Interest Income	$0	$19	$11	$30	$0	
Carry Forward Surplus	$341,611	$347,896	$0	$347,896	$347,383	
Total Revenues	$1,241,505	$1,150,289	$97,531	$1,247,821	$1,247,277 j	

Expenses						
Interest - 12/15	$315,219	$315,219	$0	$315,219	$310,494	
Principal - 6/15	$270,000	$0	$270,000	$270,000	$280,000	
Interest - 6/15	$315,219	$0	$315,219	$315,219	$310,494	

Total Expenditures	 	$900,438	$315,219	$585,219	$900,438		$900,988 1	

Excess Revenues/(Expenditures)	
 	$341,067	$835,070		
($487,687)	
$347,383	$346,289 j	
			
Interest -12/15/2023	
$305,594	
			Total	 	$305,594	
			
Nat Assessment	$899,894	
			Collection Cost (6%)	 	$57,440 	
			Gross Assessment	$957,334	
					
	J Prope T pa	Units	Gross Par Unit	Gross Total	
	Condo	80	$989	$79,120	
	Townhome	214	$1,094	$234,116	
	Single Family 40'	207	$1,302	$269,514	
	Single Family 50'	173	$1,406	$243,238	
	Single Family 60'	54	$1,510	$81,540	
	Slnll le Family 80'	29	$1,719	$49,851	
 	!Total	757	$957,379 I

Stoney brook South at ChamplonsGate Community Development District Serles 2D 19, Special Assessment Bonds
(Term Bonds Combined)

Amortization Schedule

Date	Ba la nee	Prln ipa I	In t!iest	Annua I

6/15/22	$ 14 ,220 000	$	270,000	$	315,218.75	$	
12/15/22	$13,950,000	$	$	310,493 .75	$	895,712.50	
6/15/23	$ 13 ,950 .000	$	280.000	$	310,493.75	$	
12/15/23	$13,670,000	$	$	305,593.75	$	896,087.50	
6/15/24	$13,670,000	$	290,000	$	305,593.75	$	
12/15/24	$13,380,000	$	$	300,518.75	$	896 ,112.50	
6/15/25	$13,380,000	$	300,000	$	300,518.75	$	
12/15/25	$13,080,000	$	$	294,518.75	$	895,037.50	
6/15/26	$13,080,000	$	315,000	$	294,518.75	$	
12/15/26	$12,765,000	$	$	288,218 .75	$	897,737.50	
6/15/27	$12,765,000	$	330,000	$	288,218.75	$	
12/15/27	$12,435,000	$	$	281,618.75	$	899,837.50	
6/15/28	$12,435,000	$	340,000	$	281,618 .75	$	
12/15/28	$ 12 ,095,000	$	$	274,818.75	$	896,437.50	
6/15/29	$12,095,000	$	355,000	$	274,818.75	$	
12/15/29	$ 11,740,000	$	$	267,718.75.	$	897,537 .50	
6/15/30	$ 11,740,000	$	370,000	$	267,718 .75	$	
12/15/30	$11,370,000	$	$	260,318.75	$	898,037.50	
6/15/31	$ 11,370,000	$	385,000	$	260,318.75	$	
12/15/31	$ 10,985 ,000	$	$	251,656.25	$	896 ,975 .00	
6/15/32	$10,985,000	$	405,000	$	251,656.25	$	
12/15/32	$10,580,000	$	$	242,543.75	$	899,200.00	
6/15/33	$ 10,580,000	$	420,000	$	242,543.75	$	
12/15/33	$10,160,000	$	$	233,093.75	$	895,637.50	
6/15/34	$10,160,000	$	440,000	$	233,093.75	$	
12/15/34	$ 9,720,000	$	$	223,193.75	$	896,287.50	
6/15/35	$ 9,720,000	$	460,000	$	223,193 .75	$	
12/15/35	$ 9,260,000	$	$	212,843 .75	$	896,037.50	
6/15/36	$ 9,260,000	$	485,000	$	212,843 .75	$	
12/15/36	$ 8,775,000	$	$	201,931.25	$	899,775.00	
6/15/37	$ 8,775,000	$	505,000	$	201,931.25	$	
12/15/37	$ 8,270,000	$	$	190,568.75	$	897,500.00	
6/15/38	$ 8,270,000	$	530,000	$	190,568 .75	$	
12/15/38	$ 7,740,000	$	$	178,643.75	$	899,212.50	
6/15/39	$ 7,740,000	$	550,000	$	178,643.75	$	
12/15/39	$ 7,190,000	$	$	166,268.75	$	894,912.50	
6/15/40	$ 7,190,000	$	580,000	$	166,268.75	$	
12/15/40	$ 6,610,000	$	$	152,856.25	$	899,125.00	
6/15/41	$ 6,610,000	$	605,000	$	152,856.25	$	
12/15/41	$ 6,005,000	$	$	138,865.63	$	896,721.88	
6/15/42	$ 6,005,000	$	635 ,000	$	138,865.63	$	
12/15/42	$ 5,370,000	$	$	124 ,181.25	$	898,046 .88	
6/15/43	$ 5,370,000	$	665,000	$	124,181.25	$	
12/15/43	$ 4,705,000	$	$	108,803.13	$	897,984.38	
6/15/44	$ 4,705,000	$	695,000	$	108,803.13	$	
12/15/44	$ 4,010 ,000	$	$	92,731 .25	$	896,534 .38	
6/15/45	$ 4,010,000	$	730,000	$	92,731.25	$	
12/15/45	$ 3,280,000	$	$	75,850.00	$	898,581.25	
6/15/46	$ 3,280,000	$	765,000	$	75,850.00	$	
12/15/46	$ 2,515,000	$	$	58,159.38	$	899 ,009.38	
6/15/47	$ 2,515,000	$	800,000	$	58,159.38	$	
12/15/47	$ 1,715,000	$	$	39,659.38	$	897,818.75	
6/15/48	$ 1,715,000	$	840,000	$	39,659.38	$	
12/15/48	$	875,000	$	$	20,234.38	$	899,893 .75	
6/15/49	$	875,000	$	875,000	$	20,234.38	$	895,234 .38	
 	Tota II	$	14 ,220. 000	$	10 ,907 ,025     s 25, 1 zr, 025.oo I

Stoneybrook South at ChampionsGate

	Fiscal Year 2023
Debt Service Fund		
	Series 2020		
	Proposed	Actual	Projected	Total	Proposed	
	Budget	Thru	Next7	Thru	Budget	
	FY2022	2/2B/22	Months	9/30/22	FY2023	

Revenues						
Special Assessments - Tax Roll	$393,776	$351,660	$42,116	$393,776	$393,776	
Special Assessments - Direct Billed	$308,787	$308,787	$0	$308,787	$308,787	
InterestIncome	$0	$19	$19	$38	$0	
Carry Forward Surplus	$133,233	$484,361	$0	$484,361	$487,023	

Tota IRevenues	
$835,796	
$1,144,827	
$42,135	$ 1,186,963	s1,189,587	

Expenses						
Interest - 12/15	$219,119	$219,119	$0	$219,119	$215,806	
Principal - 12/15	$265,000	$265,000	$0	$265,000	$270,000	
Interest - 6/15	$215,806	$0	$215,806	$215,806	$212,431	
Transfer Out	$0	$7	$7	$14	$0	

Community Development District

1

Tota I Expenditures	 	$699,925	$484,126		$21&813	$699,931	$ 698,238 1 Excess Revenues/ (Expenditures) 		$13& 871	$660,701	($173,678 )	$417,023		s 491,349 1
Principa 1-12/18 2023
Interest - 12/1l12023	$27& 000
$212,431	
Total	 	$47,431	

Net Assessment	
$702,564	
Collection Cost (6%)	 	$44,844	
Gross Assessment	 	$747,408 	

 	IProperty Type	Units	Gross Per Unit	Gross Total 
Condo	120	$989	$118,680	
Townhome	160	$1,094	$175,040	
Single Family 40'	146	$1,302	$190,092	
Single Family 50'	145	$1,406	$203,870	
Single Family 60'	35	$1,510	$52,850	
 	Single Famil:t: 80'		4	$1,719	$6,876
!Total	610	$747,408 1

Stoneybrook South at ChampionsGate
Series 2020, Special Assessment Bonds (Fox South Assessment Area) (Term Bonds Combined)

Amortization Schedule

Date	Balance	Princieal	Interest	Annual	
6/15/22	$12,465 000	$	$	215806.25	$	
12/15/22	$ 12,465,000	$	270,000	$	215,806.25	$	701,612.50	
6/15/23	$ 12,195,000	$	$	212,431.25	$	
12/15/23	$ 12,195,000	$	275,000	$	212,431.25	$	699,862 .50	
6/15/24	$ 11,920,000	$	$	208,993.75	$	
12/15/24	$ 11,920,000	$	280,000	$	208,993.75	$	697,987.50	
6/15/25	$ 11,640,000	$	$	205,493.75	$	
12/15/25	$11,640,000	$	290,000	$	205,493.75	$	700,987.50	
6/15/26	$ 11,350,000	$	$	201,868.75	$	
12/15/26	$ 11,350,000	$	295,000	$	201,868.75	$	698,737.50	
6/15/27	$ 11,055,000	$	$	197,443.75	$	
12/15/27	$ 11,055,000	$	305,000	$	197,443.75	$	699,887.50	
6/15/28	$10,750,000	$	$	192,868.75	$	
12/15/28	$ 10,750,000	$	315,000	$	192,868.75	$	700,737.50	
6/15/29	$ 10,435,000	$	$	188,143.75	$	
12/15/29	$10,435,000	$	325,000	$	188,143.75	$	701,287.50	
6/15/30	$10,110,000	$	$	183,268.75	$	
12/15/30	$ 10,110,000	$	335,000	$	183,268.75	$	701,537.50	
6/15/31	$ 9,775,000	$	$	178,243.75	$	
12/15/31	$ 9,775,000	$	345,000	$	178,243.75	$	701,487.50	
6/15/32	$ 9,430,000	$	$	172,206.25	$	
12/15/32	$ 9,430,000	$	355,000	$	172,206.25	$	699,412.50	
6/15/33	$ 9,075,000	$	$	165,993.75	$	
12/15/33	$ 9,075,000	$	370,000	$	165,993.75	$	701,987.50	
6/15/34	$ 8,705,000	$	$	159,518.75	$	
12/15/34	$ 8,705,000	$	380,000	$	159,518.75	$	699,037.50	
6/15/35	$ 8,325,000	$	$	152,868.75	$	
12/15/35	$ 8,325,000	$	395,000	$	152,868.75	$	700,737.50	
6/15/36	$ 7,930,000	$	$	145,956.25	$	
12/15/36	$ 7,930,000	$	410,000	$	145,956.25	$	701,912.50	
6/15/37	$ 7,520,000	$	$	138,781.25	$	
12/15/37	$ 7,520,000	$	420,000	$	138,781.25	$	697,562.50	
6/15/38	$ 7,100,000	$	$	131,431.25	$	
12/15/38	$ 7,100,000	$	435,000	$	131,431.25	$	697,862.50	
6/15/39	$ 6,665,000	$	$	123,818.75	$	
12/15/39	$ 6,665,000	$	450,000	$	123,818.75	$	697,637.50	
6/15/40	$ 6,215,000	$	$	115,943.75	$	
12/15/40	$ 6,215,000	$	470,000	$	115,943.75	$	701,887.50	
6/15/41	$ 5,745,000	$	$	107,718.75	$	
12/15/41	$ 5,745,000	$	485,000	$	107,718.75	$	700,437.50	
6/15/42	$ 5,260,000	$	$	98,625.00	$	
12/15/42	$ 5,260,000	$	505,000	$	98,625.00	$	702 ,250.00	
6/15/43	$ 4,755,000	$	$	89,156.25	$	
12/15/43	$ 4,755,000	$	520,000	$	89,156.25	$	698,312.50	
6/15/44	$ 4,235,000	$	$	79,406.25	$	
12/15/44	$ 4,235,000	$	540,000	$	79,406.25	$	698,812.50	
6/15/45	$ 3,695,000	$	$	69,281.25	$	
12/15/45	$ 3,695,000	$	560,000	$	69,281.25	$	698,562.50	
6/15/46	$ 3,135,000	$	$	58,781.25	$	
12/15/46	$ 3,135,000	$	580,000	$	58,781.25	$	697,562.50	
6/15/47	$ 2,555,000	$	$	47,906.25	$	
12/15/47	$ 2,555,000	$	605,000	$	47,906.25	$	700,812.50	
6/15/48	$ 1,950,000	$	$	36,562.50	$	
12/15/48	$ 1,950,000	$	625,000	$	36,562.50	$	698,125.00	
6/15/49	$ 1,325,000	$	$	24,843.75	$	
12/15/49	$ 1,325,000	$	650,000	$	24,843.75	$	699,687.50	
6/15/50	$	675,000	$	$	12,656.25	$	
12/15/50	$	675,000	$	675,000	$	12,656.25	$	700,312.50	

Totals		$	12 ,465 ,000	$	7,832,038	$ 20 ,291 ,031 .s o I	

 	

RESOLUTION 2022-10

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE STONEYBROOK SOUTH AT CHAMPIONSGATE COMMUNITY DEVELOPMENT DISTRICT PROVIDING FOR AND AUTHORIZING THE USE OF ELECTRONIC DOCUMENTS AND SIGNATURES; ADOPTING AND IMPLEMENTING ELECTRONIC DOCUMENT CONTROL PROCESSES AND PROCEDURES; PROVIDING FOR SEVERABILTY AND AN EFFECTIVE DATE.

WHEREAS, the Stoneybrook South at ChampionsGate Community Development District (the "District") is a local unit of special purpose government created and existing pursuant to Chapter 190, Florida Statutes, and situated within Osceola County, Florida; and

WHEREAS, Chapter 190, Florida Statutes, authorizes the District to construct, install, operate, and/or maintain systems and facilities for certain basic infrastructure; and

WHEREAS, Chapter 190, Florida Statutes authorizes the District Board of Supervisors, to enter into various contracts for the purposes set forth therein; and

WHEREAS, the District Board of Supervisors finds that it is the interest of the District and its residents to reduce waste, costs, and to enhance services; and

WHEREAS, the District Board of Supervisors recognizes that the Florida Legislature, through the passage of The Electronic Signature Act of 1996, intended to, among other goals, facilitate economic development and efficient delivery of government services by means of reliable electronic messages and foster the development of electronic commerce though the use of electronic signatures to lend authenticity and integrity to writings in any electronic medium; and

WHEREAS, the District Board of Supervisors wishes to further these goals through the use of electronic documents and signatures.

NOW THEREFORE BE IT RESOLVED BY THE  BOARD OF SUPERVISORS OF THE STONEYBROOK SOUTH AT CHAMPIONSGATE COMMUNITY DEVELOPMENT DISTRICT:

SECTION 1. INCORPORATION OF RECITALS. The recitals so stated are true and correct and by this reference are incorporated into and form a material part of this Resolution.

SECTION 2. FORCE AND EFFECT OF ELECTRONIC DOCUMENTS AND
SIGNATURES. Unless otherwise provided by law, electronic documents and signatures submitted to and on behalf of the District may be used for all purposes and shall have the same force and effect as printed documents and manual signatures.

SECTION 3. AUTHORIZING UTILIZATION OF ELECTRONIC SIGNATURES
AND DOCUMENTS. All contractors and personnel associated with the District are hereby authorized and encouraged to utilize electronic documents and signatures when reasonably practicable and as permitted by law. The District Manager is authorized and directed to obtain the provision of electronic document services or platforms offered by nationally recognized third party vendors that increase the efficiency of the District's operations.

SECTION 4. CONTROLS PROCESSES AND PROCEDURES. The District Board
of Supervisors hereby authorizes and directs the District Manager to create control processes and procedures consistent with Florida Law to ensure adequate integrity, security, confidentiality, and auditability of all transactions conducted using electronic commerce.

SECTION 5. SEVERABILITY.  If any provision  of this Resolution  is held to be illegal or invalid, the other provisions shall remain in full force and effect.

SECTION 6. EFFECTIVE DATE. This Resolution shall take effect upon its passage and shall remain in effect unless rescinded or repealed.

PASSED AND ADOPTED this 11th day of April, 2022.

ATTEST:	STONEYBROOK	SOUTH	AT CHAMPIONSGATE COMMUNITY DEVELOPMENT DISTRICT

Secretary/Assistant Secretary	ChairNice Chair

S ECTION V-ll1

The Lake Doctors, Inc.

Aquatic Management Services	'"'

Corporate Offices 3543State Road 419
Winter Springs, Fl 32708
l-800-666-525 3
akes@lakedocto rs,com www.lakedoctors.com

l

Water Management Agreement

This Agreement, made this _ _

_ _ _ _ _

_ _ day of _ _ _

_ _ _

FJS/719736/R
_ 20_	is between The Lake Doctors, Inc., a

Florida Corporation, hereinafter called "THE LAKE DOCTORS" and

PROPERTY NAME (Community/Business/Individual)_

_ _ _ _

_ _ _ _ _

_ _ _ _

_   _          _	 _ _

_ _ _

MANAGEMENT COMPANY_ _

_ _ _ _

_ _ _ _ _

_ _ _ _ _ _

_ _ _

_ _ _ _ _ _ _ _ _

INVOICING ADDRESS _ _

_ _ _ _

_ _ _

_ _ _

_ _ _

_ _ _ _ _

_ _ _

_ _ _ _ _ _ _ _

CITY _ _

_ _ _

_ _ _ _

_ _ _

_ STATE _ _ _

_ _ ZIP _ _

_    _    PHONE (	 	

EMAIL ADDRESS _ _

_ _ _

_ _ _ _

_ _ _ _ _

_ _ _ _

_ _ _

_   _	EMAIL INVOICE: YES OR NO

THIRD PARTY COMPLIANCE/REGISTRATION: YES OR NO	THIRD PARTY INVOICING PORTAL: YES OR NO
.. If a Third Party Compliance/Registration or an Invoice Portal is required; it is the customer's responsibility to provide the information.

Hereinafter called "CUSTOMER"	REQUESTED START DATE: _ _ _ _ _ _ _ _ _

The parties hereto agree to follows:

PURCHASE ORDER#:_ _

_ _ _ _

_ _ _ _ _

THE LAKE DOCTORS agrees to manage certain lakes and/or waterways for a period of twelve (12) months from the date of execution of this Agreement in accordance with the terms and conditions of this Agreement in the following location(s):
Seven (7) waterways associated with STONEYBROOK SOUTH AT CHAMPIONSGATE COD, Davenport, FL Includes a minimum of twelve (12) inspections and/or treatments, as necessary, for control and prevention of noxious
aquatic weeds and algae. Service will cease effective May 1, 2022 if the signed Agreement is not returned. Note •
#11 on Terms & Conditions does not apply.

CUSTOMER agrees to pay THE LAKE DOCTORS, its agents or assigns, the following sum for specified aquatic management services:

Underwater and Floating Vegetation Control Program
Shoreline Grass and Brush Control Program
Additional Treatments, if Required
Free Callback Service
Monthly Written Service Reports Total of Services Accepted

$	 404.00 MONTHLY	
$	 INCLUDED	
$	 INCLUDED	
$	 INCLUDED	
$	 INCLUDED	
$	 404.00 MONTHLY	

$0.00 of the above sum-total shall be due and payable upon execution of this Agreement, the balance shall be payable in advance in monthly installments of $404.00, including sales use taxes, fees or charges that are imposed by any governmental body relating to the service provided under this Agreement.

THE LAKE DOCTORS uses products which, in its sole discretion, will provide effective and safe results.

THE LAKE DOCTORS agrees to commence treatment within fifteen (15) business days, weather permitting, from the date of receipt of this executed Agreement plus initial deposit and/or required government permits.

The offer contained herein is withdrawn and this Agreement shall have no further force and effect unless executed and returned by CUSTOMER to THE LAKE DOCTORS on or before May 15, 2022.

The terms and conditions appearing on the reverse side form an integral part of this Agreement, and CUSTOMER hereby acknowledges that he has read and is familiar with the contents thereof. Agreement must be returned in its entirety to be considered valid.

THE LAKE DOCTORS, INC.	CUSTOMER

Signed _

_ _ _

_ _ _

_ _ _ _ _ _

_ Date_d _ _ _

FABIAN J. STERN, ASST. VICE PRESIDENT- SALES	Nam_e _

_ _ _

_ _ _

_ _ _ _ _ _

_ _ _ _ _ _

OFFICE/CUSTOMER
08/2019	® THE LAKE DOCTORS , INC.

TERMS AND CONDITIONS
The Underwater and Floating Vegetation Control Program will be conducted in a manner consistent with good water management practice using the following methods and techniques when applicable.
Periodic treatments to maintain control of noxious submersed, floating and emersed aquatic vegetation and algae. CUSTOMER understands that some beneficial vegetation may be required in a body of water to maintain a balanced aquatic ecological system.
Determination of dissolved oxygen levels prior to treatment, as deemed necessary, to ensure that oxygen level is high enough to allow safe treatment. Additional routine water analysis and/or bacteriological analysis may be performed If required for success of the water management program.
Where applicable, treatment of only one-half or less of the entire body of water at any one time to ensure safety to fish and other aquatic life. However, THE LAKE DOCTORS shall not be liable for loss of any exotic or non-native fish or vegetation. Customer must also notify THE LAKE DOCTORS if any exotic fish exist in lake or pond prior to treatment.
CUSTOMER understands and agrees that for the best effectiveness and environmental safety, materials used by THE LAKE DOCTORS may be used at rates equal to or lower than maximum label recommendations.
Triploid grass carp stocking, if included, will be performed at stocking rates determined the Florida Fish and Wildlife Conservation Commission permit guidelines.
CUSTOMER agrees to provide adequate access. Failure to provide adequate access may require re-negotiation or termination of this Agreement.
Control of some weeds may take 30-90 days depending upon species, materials used and environmental factors.
When deemed necessary by THE LAKE DOCTORS and approved by CUSTOMER, the planting and/or nurturing of certain varieties of plants, which for various reasons, help to maintain ecological balance.

Under the Shoreline Grass and Brush Control Program, THE LAKE DOCTORS will treat border vegetation to the water's edge induding, but not limited to torpedograss, cattails, and other emergent vegetation such as woody brush and broadleaf weeds. Many of these species take several months or longer to fully decompose. CUSTOMER is responsible for any desired physical cutting and removal.

CUSTOMER agrees to inform THE LAKE DOCTORS In writing if any lake or pond areas have been or are scheduled to be mitigated (planted with required or beneficial aquatic vegetation). THE LAKE DOCTORS assumes no responsibility for damage to aquatic plants if CUSTOMER falls to provide such Information in a timely manner. Emergent weed control may not be performed within mitigated areas, new or existing, unless specifically stated by separate contract or modification of this Agreement. CUSTOMER also agrees to notify THE LAKE DOCTORS, in writing, of any conditions which may affect the scope of work and CUSTOMER agrees to pay any resultant higher direct cost incurred.

If at any lime during the term of this Agreement, CUSTOMER feels THE LAKE DOCTORS is not performing in a satisfactory manner, or In accordance with the terms of this Agreement, CUSTOMER shall inform THE LAKE DOCTORS, in writing, stating with particularity the reasons for CUSTOMER'S dissatisfaction. THE LAKE DOCTORS shall investigate and attempt to cure the defect. If, after 30 days from the giving of the original notice, CUSTOMER continues to feel THE LAKE DOCTORS performance is unsatisfactory, CUSTOMER may terminate this Agreement by giving notice ("Second Notice") to THE LAKE DOCTORS and paying all monies owing to the effective date of termination. In this event, the effective date of termination shall be the last day of the month In which said second notice is received by THE LAKE DOCTORS.

Federal and State regulations require that various water lime-use restrictions be observed during and following some treatments. THE LAKE DOCTORS will notify CUSTOMER of such restrictions. It shall be CUSTOMER responsibility to observe the restrictions throughout the required period. CUSTOMER understands and agrees that, notwithstanding any other provision of the Agreement, THE LAKE DOCTORS does not assume any liability for failure by any party to be notified of, or to observe,
the above regulations.

THE LAKE DOCTORS shall maintain the following insurance coverage and limits: (a) Workman's Compensation with statutory limits; (b) Automobile Liability; (c) Comprehensive General Liability, including Pollution Liability, Property Damage, Completed Operations and Product Liability. A Certificate of Insurance will be provided upon request. A Certificate of Insurance naming CUSTOMER as "Additional Insured' may be provided at CUSTOMER"S request. CUSTOMER agrees to pay for any additional costs of insurance requirements over and above that is provided by THE LAKE DOCTORS.

Neither party shall be responsible for damages, penalties or otherwise for any failure or delay in performance of any of its obligations hereunder caused by strikes, riots, war, acts of God, accidents, governmental orders and regulations, curtailment or failure to obtain sufficient material, or other force majeure condition (whether or not of the same dass or kind as those set forth above) beyond its reasonable control and which, by the exercise of due diligence, it is unable lo overcome. Should THE LAKE DOCTORS be prohibited, restricted or otherwise prevented or impaired from rendering specified services by any condition, THE LAKE DOCTORS shall notify CUSTOMER of said condition and of the excess direct costs arising there from. CUSTOMER shall have thirty (30) days after receipt of said notice to notify THE LAKE DOCTORS in writing of any inability to comply with excess direct costs as requested by THE LAKE DOCTORS.

CUSTOMER warrants that he or she is authorized to execute the Water Management Agreement on behalf of the riparian owner and to hold THE LAKE DOCTORS harmless for consequences of such service not arising out of the sole negligence of THE LAKE DOCTORS.

CUSTOMER understands that, for convenience, the annual investment amount has been spread over a twelve-month period and that individual monthly billings do not reflect the fluctuating seasonal costs of service. If CUSTOMER places their account on hold, an additional start-up charge may be required due lo aquatic re-growth.

1O) THE LAKE DOCTORS agrees to hold CUSTOMER harmless from any loss, damage or claims arising out of the sole negligence of THE LAKE DOCTORS. However, THE LAKE DOCTORS shall in no event be liable to CUSTOMER or others for indirect, special or consequential damages resulting from any cause whatsoever.

Upon completion of the term of this Agreement, or any extension thereof, this Agreement shall be automatically extended for a period equal to its original term unless terminated by either party. If required, THE LAKE DOCTORS may adjust the monthly investment amount after the original term. THE LAKE DOCTORS will submit written notmcatlon to CUSTOMER 30 days prior to effective date of adjustment. If CUSTOMER is unable to comply with the adjustment, THE LAKE DOCTORS shall be notified Immediately In order to seek a resolution.

THE LAKE DOCTORS may cancel this agreement with or without cause by 30-day written notice to customer.

Should CUSTOMER become delinquent, THE LAKE DOCTORS may place the account on hold for  non-payment  and  CUSTOMER  will continue  lo  be  responsible  for  the monthly investment amount even if the account is placed on hold. Service may be reinstated once the entire past due balance has been received in fy_ll.  Should it  become necessary for THE LAKE DOCTORS to bring  action  for  collection  of  monies  due  and  owing  under  this  Agreement,  CUSTOMER  agrees lo  pay  collection  costs,  including, but not limited to, reasonable attorneys fee (Including those on appeal) and court costs, and  all  other  expenses  incurred  by  THE  LAKE  DOCTORS  resulting  from  such collection action.

This Agreement is assignable by CUSTOMER upon written consent by THE LAKE DOCTORS.

This Agreement constitutes the entire agreement of the parties hereto and shall be valid upon acceptance by THE LAKE DOCTORS Corporate Office. No oral or written alterations or modifications of the terms contained herein shall be valid unless made in writing and accepted by an authorized representative of both THE LAKE DOCTORS and CUSTOMER.

If Agreement includes trash/debris removal, THE LAKE DOCTORS will perform the following: removal of casual trash such as cups, plastic bags and other man-made materials up to 20 lbs. during regularly scheduled service yislts. Large or dangerous items such as biohazards and landscape debris will not be included.

CUSTOMER agrees to reimburse THE LAKE DOCTORS for all processing fees for registering with third party companies for compliance monitoring services and/or invoicing portal fees.

08/2019	® THE LAKE DOCTORS, INC.

SECTION X

S ECTION C

S ECTION 1

Stoneybrook South at ChampionsGate
Community Development District

Summary of Checks

March 1, 2022 to  March 31, 2022

	Bank	Date	Check#	Amount	
	
General Fund	
3/4/22	
415-416	
$	3,727.41	
		3/9/22	417-420	$	7,195.76	
		3/16/22	421-425	$	38,032.48	
		3/23/22	426-428	$	8,175.55	
				$	57,131.20	
	Payroll Fund	March 2022			
		Adam Morgan	50013	$	184.70	
		Patrick Bonin Jr .	50014	$	184.70	
				$	369.40	
				$	s1,soo.60 1	

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN 4/04/22
***  CHECK DATES 03/01/2022 - 03/31/2022 ***	GENERAL FUND
BANK A GENERAL FUND

PAGE	1

CHECK  VEND# .•...INVOICE•.••....EXPENSED TO...	VENDOR NAME DATE	DATE	INVOICE	YRMO DPT ACCT# SUB SUBCLASS

STATUS

AMOUNT	CHECK.•..•
AMOUNT	#

3/04/22 00024

3/04/22 00010

2/17/22 165748	202202 320-53800-47100
QTRLY MNT-MITIGATION-FEB

-

- - - - -  -  - - - - - -	-  - - - -BI-O-TECH CONSULTING, INC. 1/30/22 117459	202112 320-53800-47300
RPR 2SAM/PRS/2NOZZLE ROT.
2/04/22 117475	202201 320-53800-47300
RPR VALVE/POPUP/NOZZLES

*	875.00

-

-  - -  - - - - -	- - -87-5.-0-0 000415
*	122.50
*	2,729.91

DOWN TO EARTH LAWNCARE II, INC.
3/09/22 00001	3/01/22 127	202203 310-51300-34000	*
MANAGEMENT FEES MAR22
3/01/22 127	202203 310-51300-35200	*
WEBSITE ADMIN MAR22
3/01/22 127	202203 310-51300-35100	*
INFORMATION TECH MAR22
3/01/22 127	202203 310-51300-31300	*
DISSEMINATION FEE MAR22
3/01/22 127	202203 310-51300-51000	*
OFFICE SUPPLIES
3/01/22 127	202203 310-51300-42000	*
POSTAGE
3/01/22 127	202203 310-51300-42500	*
COPIES
3/01/22 128	202203 320-53800-12000	*
FIELD MANAGEMENT MAR22

-  - -  -  -  - -  - -  - -2,-85-2.-41- 000416 2,916.67
50.00
87.50
916.67
.27
4.77
11.40
1,250.00

3/09/22 00010

GOVERNMENTAL MANAGEMENT SERVICES
2/25/22 119360	202202 320-53800-47300
RPR HEADS/NOZZLE/BUBBLER

- - - - -  - - - - - -5,-23-7.-2-8 000417
*	1,003.48

3/09/22 00015

-  -  -  - - -  - - -  - - -  - -  - - - -DO-WN TO EARTH LAWNCARE II, INC. 3/07/22 66332	202202 310-51300-31100
WRK AUTHORIZE#2/PROJ.CLSE

- - - -  - - -  - -1-,0-03.-48-
*	570.00

000418

3/09/22 00022

- - -  -  -  - -  - - - -  - - -  -  - - -HA-MILTON ENGINEERING &   SURVEYING 3/01/22 639479	202203 320-53800-47000
MTHLY WATER MGMT MAR22

-  -  - -  - - - -  - -5-70.-0-0 000419
*	385.00

THE LAKE DOCTORS, INC.
3/16/22 00027	11/01/21 21110993 202111 320-53800-47100
WATER MGMT TREATMNT-NOV21 12/01/21 21120995 202112 320-53800-47100
WATER MGMT TREATMNT-DEC21 1/01/22 22012096 202201 320-53800-47100
WATER MGMT TREATMNT-JAN22

- - - - -  -  - - - - - -385.-0-0 000420

-

*	555.00
*	555.00
*	555.00

SSCG STONEYSCG	TVISCARRA

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN 4/04/22
***  CHECK DATES 03/01/2022 - 03/31/2022 ***	GENERAL FUND
BANK A GENERAL FUND

PAGE	2

CHECK  VEND#  •••••INVOICE••••••••EXPENSED TO...	VENDOR NAME DATE	DATE	INVOICE	YRMO DPT ACCT# SUB SUBCLASS
3/01/22 22030418 202203 320-53800-47100
WATER MGMT TREATMNT-MAR22

STATUS

*

AMOUNT	••••CHECK•••••
AMOUNT	#
555.00

3/16/22 00010

3/16/22 00011

3/16/22 00011

AMERICAN ECOSYSTEMS, INC.
3/02/22 120162	202203 320-53800-46200
LANDSCAPE-TRAK-K-MAR22  3/02/22 120162	202203 320-53800-46200
LANDSCAPE-WHISTLING STRTS 3/02/22 120162	202203 320-53800-46200
LANDSCAPE-WESTSIDE BLVD 3/02/22 120162	202203 320-53800-46200
LANDSCAPE-BAXTER TRACT
3/02/22 120162	202203 320-53800-46200
LANDSCAPE-FOX PROP PH5 Pl 3/02/22 120162	202203 320-53800-46200
LANDSCAPE-FOX PROP PH5 P2 3/02/22 120162	202203 320-53800-46200
LANDSCAPE-FOX PROP PH5 P4 3/02/22 120162	202203 320-53800-46200
LANDSCAPE-FOX PROP PH5 P6 3/02/22 120162	202203 320-53800-46200
LANDSCAPE-FOX PROP PH5 P7
-  -  - - -  -  - -  -  -  -  -  - - - -  -DO-WN TO EARTH LAWNCARE II, INC. 3/10/22 03102022 202203 300-20700-10000
FY22 DEBT SERV SER2017
- - - -  - - - -  -  -  -  -  -  - - - -ST-ONEYBROOK SOUTH AT CHAMPIONSGATE 3/10/22 03102022 202203 300-20700-10100
FY22 DEBT SERV SER2019

- - -  - - - - - - - -2,-22-0.-0-0 000421
*	3,170.00
*	5,339.00
*	3,042.70
*	812.50
*	391.01
*	2,494.78
*	912.11
*	857.88
*	344.07
- - -  -  -  - - -  - -  -17-,3-64.-05- 000422
*	3,493.70
- - -  -  -  -  - - - - -3,-49-3.-70- 000423
*	10,397.69

3/16/22 00011

-  -  - - - -  -  - - -  -  -  -  -  -  -  -ST-ONEYBROOK SOUTH AT CHAMPIONSGATE 3/10/22 03102022 202203 300-20700-10200
FY22 DEBT SERV SER2020

- - - - -  - -	- -  -10,-39-7.-69-

-

*	4,557.04

000424

3/23/22 00002

STONEYBROOK SOUTH AT CHAMPIONSGATE

- - - - -	- - - -	-

-	-	- - - - - - -
3/17/22 26146	202202 310-51300-31500
BO MTG/2022 BOND/TSK LIST

- - - - - - -  -  -  - -4,-55-7.-04- 000425
*	798.59

3/23/22 00013

-  -  - - - -  - -  -  -  -  -  -  -  - - -LA-THAM,LUNA,EDEN &   BEAUDINE,LLP 3/09/22 2018547 202203 310-51300-49200
2021 TAX ROLL ADMIN FEE

-  - - -  -  -  -  - - - - -7-98.-59-
*	575.71

000426

3/23/22 00009

-  -  - - -  -  -  -  - - -  - - - -  - -OS-CEOLA COUNTY PROPERTY APPRAISER 8/10/21 00028122 202108 320-53800-43200
1000 WESTSIDE BLOCK ODD

- - -  - - - - - - -  -  -57-"5-.71- 000427
*	2,023.69

SSCG STONEYSCG	TVISCARRA

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER
***  CHECK DATES 03/01/2022 - 03/31/2022 ***	GENERAL FUND
BANK A GENERAL FUND

RUN 4/04/22	PAGE	3

CHECK  VEND# •..••INVOICE••••••..EXPENSED TO...	VENDOR NAME DATE	DATE	INVOICE	YRMO DPT ACCT# SUB SUBCLASS
8/26/22 00028122 202109 320-53800-43200
1000 WESTSIDE BLOCK ODD

STATUS	AMOUNT		••..CHECK•...• AMOUNT	#
*	4,777.56

TOHO WATER AUTHORITY	6,801.25 000428

TOTAL FOR BANK A TOTAL FOR REGISTER

57,131.20
57,131.20

SSCG STONEYSCG	TVISCARRA

S ECTION 2

•

•

•	•	•	•

Stoneybrook South at ChampionsGate
Community Development District

Unaudited Financial Reporting February 28, 2022

•

•

•

Table of Contents

Balance Sheet

Genera I Fund Income Statement

Capital Reserve Fund

Series 2017 Debt Service Fund Income Statement

Series 2019 Debt Service Fund Income Statement

Series 2020 Debt Service Fund Income Statement

Series 2017 Capital Projects Income Statement

Series 2019 Capital Projects Income Statement

Series 2020 Capital Projects Income Statement

Month to Month

Long Term Debt Summary

FY22 Assessment Receipt Schedule

Series 2020 Construction Schedule

STONEYBROOK SOUTH AT CHAMPIONSGATE
COMMUNITY DEVELOPMENT DISTRICT BALANCE SHEET
February 28, 2022

	General
Fund	Capital Reserve
Fund	Debt Service
Fund	Capital Projects Fund		Totals
2022		

CASH		

$518,266	

$61,465				

$579,730		
DEPOSITS		$16,000					$16,000		
STATE BOARD OF ADMINISTRATION			$349,122				$349,122		
INVESTMENTS									
SERIES 2017									
RESERVE				$150,900			$150,900		
REVENUE				$290,443			$290,443		
CONSTRUCTION					$111		$111		
SERIES 2019									
RESERVE				$449,947			$449,947		
REVENUE				$835,070			$835,070		
CONSTRUCTION					$4S		$45		
SERIES 2020
RESERVE				
$351,125			
$351,125		
REVENUE				$660,701			$660,701		
INTEREST				$0			$0		
CONSTRUCTION					$7,153,76S		$7,153,765		
TOTAL ASSETS		$534,266	$410,587	$2,738,187	$7,153,921		$10,836,960		

LIABILITIES:									
ACCOUNTS PAYABLE		$14,566					$14,566		
FUND EQUITY:									
FUND BALANCES:
RESTRICTED FOR DEBT SERVICE 2017				
$441,343			
$441,343		
RESTRICTED FOR DEBT SERVICE 2019				$1,285,017			$1,285,017		
RESTRICTED FOR DEBT SERVICE 2020				$1,011,826			$1,011,826		
RESTRICTED FOR CAPITAL PROJECTS 2017					$111		$111		
RESTRICTED FOR CAPITAL PROJECTS 2019					$45		$45		
RESTRICTED FOR CAPITAL PROJECTS 2020					$7,153,765		$7,153,765		
UNASSIGNED		$519,700	$410,587				$930,286		
TOTAL LIABILITIES & FUND EQUITY		$534,266	$410,587	$2,738,187	$7,153,921		$10,836,960		

STONEYBROOK SOUTH AT CHAMPIONSGATE
COMMUNITY DEVELOPMENT DISTRICT GENERAL FUND
Statement of Revenues & Expenditures
For The Period Ending February 28, 2022

	ADOPTED
BUDGET	PRORATED BUDGET
THRU 2/28/22	ACTUAL
THRU 2/28/22	
VARIANCE	
REVENUES:					

ASSESSMENTS - TAX ROLL	
$747,005	
$666,344	
$666,344	
$0	
ASSESSMENTS -DIRECT BILLED	$128,370	$128,370	$128,370	$0	
TOTAL REVENUES	$875,375	$794,714	$794,714	$0	

EXPENDITURES:					

ADMINISTRATIVE:						

SUPERVISORS FEES	$12,000	$5,000	$1,200	
$3,800	
FICA EXPENSE	$918	$383	$92	$291	
ENGINEERING	$12,000	$5,000	$1,045	$3,955	
ATTORNEY	$25,000	$10,417	$2,926	$7,491	
DISSEMINATION	$11,000	$4,583	$4,583	($0)	
ARBITRAGE	$900	$450	$450	$0	
ANNUAL AUDIT	$5,118	$0	$0	$0	
ASSESSMENT ADMIN ISTRATION	$5,000	$5,000	$5,000	$0	
TRUSTEE FEES	$13,500	$8,620	$8,620	$0	
MANAGEMENT FEES	$ 35,000	$14,583	$14,583	($0)	
INFORMATION TECHNOLOGY	$1,050	$438	$438	$0	
WEBSITE MAINTENANCE	$600	$250	$250	$0	
TELEPHONE	$300	$125	$0	$125	
POSTAGE	$1,000	$417	$57	$360	
INSURANCE	$5,950	$5,950	$5,570	$380	
PRINTI NG& BlNDING	$1,000	$417	$59	$358	
LEGAL ADVERTISING	$2,500	$1,042	$0	$1,042	
OTHER CURRENT CHARGES	$1,000	$417	$200	$217	
OFFICE SUPPLIES	$625	$260	$1	$259	
PROPERTY APPRAISER	$350	$350	$0	$350	
PROPERTY TAXES	$0	$0	$344	1$344)	
DUES, LICENSE & SUBSCRIPTIONS	$175	$175	$175	$0	

FIELD:					

FlELD SERVICES	
$15,000	
$6,250	
$6,250	
$0	
PROPERTY INSURANCE	$6,050	$6,050	$5,658	$392	
ELECTRIC	$38,580	$16,075	$630	$15,445	
STREETLI GHTING	$71,200	$29,667	$29,975	($309)	
WATER&SEWER	$75,000	$31,250	$29,331	$1,919	
LANDSCAPE MAINTENANCE	$218,369	$90,987	$86,820	$4,167	
LANDSCAPE CONTINGENCY	$15,000	$6,250	$0	$6,250	
IRRIGATION REPAIRS	$15,000	$6,250	$8,530	($2,280)	
LAKE MAINTENANCE	$5,000	$2,083	$1,925	$158	
MITIGATION MONITORING & MAINTENANCE	$7,100	$2,958	$6,570	($3,612)	
CONTINGENCY	$5,000	$2,083	$0	$2,083	
REPAIRS & MAINTENANCE	$10,000	$4,167	$0	$4,167	
CAPITAL RESERVE	$449,017	$449,017	$449,017	$0	
TOTAL EXPENDITURES	$1,065,302	$716,963	$670,300	$46,663	
					
EXCESS REVENUES (EXPENDITURES)	($189,927)		$124,414		
					
FUND BALANCE - Beginning	$189,927		$395,286		

FUND BALANCE -Ending	 	$0		$519,700	

STONEYBROOK SOUTH AT CHAMPIONSGATE
COMMUNITY  DEVELOPMENT DISTRICT

CAPITAL RESERVE FUND
Statement of Revenues  & Expenditures
For The Period Ending February 28, 2022

	ADOPTED
BUDGET	PRORATED BUDGET
THRU 2/28/22	ACTUAL
THRU 2/28/22	
VARIANCE	
REVENUES:						
TRANSFER IN		$449,017	$449,017	$449,017	$0	
INTEREST		$0	$0	$107	$107	
TOTAL REVENUES		$449,017	$449,017	$449,124	$107	

EXPENDITURES:						
CAPITAL OUTLAY		$77,07S	$32,115	$38,538	($6,423}	
TOTAL EXPENDITURES		$77,075	$32,115	$38,538	($6,423}	
						
EXCESS REVENUES (EXPENDITURES)		$371,942		$410,587		
						
FUND BALANCE- Beginning		$0		$0		
						
FUND BALANCE· Ending		$371,942		$410,587		

STONEYBROOK SOUTH AT CHAMPIONSGATE
COMMUNITY DEVELOPMENT DISTRICT

SERIES 2017 DEBT SERVICE FUND
Statement  of Revenues & Expenditures
For The Period Ending February 28, 2022

	ADOPTED
BUDGET	PRORATED BUDGET
THRU 2/28/22	ACTUAL
THRU 2/28/22	
VARIANCE		
REVENUES:							

ASSESSMENTS - TAXROLL		
$301 ,800	
$269 ,604	
$269,604		
$0	
INTEREST		$0	$0	$8		$8	
TOTAL REVENUES		$301,800	$269,604	$269,612		$8	

EXPENDITURES:							

INTEREST -12/15		
$104,300	
$104,300	
$104,300		
$0	
PRINCIPAL-12/15		$90,000	$90,000	$90,000		$0	
INTEREST - 6/15		$102,725	$0	$0		$0	
TOTAL EXPENDITURES		$297,025	$194,300	$194,300		$0	
							
EXCESS REVENUES (EXPENDITURES)		$4,775		$75,312			
							
FUND BALANCE- Beginning		$212,908		$366,032			
							
FUND BALANCE- Ending		$217,683		$441,343			

STONEYBROOK SOUTH AT CHAMPIONSGATE
COMMUNITY DEVELOPMENT DISTRICT

SERIES 2019 DEBT SERVICE FUND
Statement  of Revenues & Expenditures
ForThe Period Ending February 28, 2022

	ADOPTED
BUDGET	PRORATED BUDGET
THRU 2/28/22	ACTUAL
THRU 2/28/22	
VARIANCE	
REVENUES:						

ASSESSMENTS -TAX ROLL		
$899,894	
$802,374	
$802,374	
$0	
INTEREST		$0	$0	$19	$19	
TOTAL REVENUES		$899,894	$802,374	$802,393	$19	

EXPENDITURES:						

INTEREST - 12/15		
$315,219	
$315,219	
$315,219	
$0	
PRINCIPAL-6/15		$270,000	$0	$0	$0	
INTEREST - 6/15		$315,219	$0	$0	$0	
TOTAL EXPENorruR ES		$900,438	$315,219	$315,219	$0	
						
EXCESS REVENUES (EXPEN0ITUR ES)		($544)		$487,174		
						
FUND BALANCE • Beginning		$341,611		$797,843		
						
FUND BALANCE• Ending		$341,067		$1,285,017		

STONEVBROOK SOUTH AT CHAMPIONSGATE
COMMUNITY DEVELOPMENT DISTRICT

SERIES 202 0 DEBT SERVICE FUND
Statement of Revenues & Expenditures
For The Period Ending February 28, 2022

		PROPOSED
BUDGET	PRORATED BUDGET
THRU 2/28/22	ACTUAL
THRU 2/28/22	
VARIANCE	
REVENUES:						
ASSESSMENTS -TAX ROLL		$393,776	$351,660	$351,660	
$0	
ASSESSMENTS - DIRECT BlLLED		$308,787	$308,787	$308,787	$0	
INTEREST		$0	$0	$19	$19	
TOTAL REVENUES		$702,563	$660,447	$660,466	$19	

EXPENDITURES:						
INTEREST - 1 2/15		$219,119	$219,119	$219,119	$0	
PRINCIPAL-12/15		$265,000	$265,000	$265,000	$0	
INTEREST - 6/15		$215,806	$0	$0	$0	
TOTAL EXPENDITURES		$699,925	$484,119	$484,119	$0	

OTHER SOURCES/( USES}						
TRANSFER OUT		$0	$0	($7)	$7	
TOTAL OTHER SOURCES/(USES)		$0	$0	($7)	$7	
						
EXCESS REVENUES (EXPENDITURES)		$2,638		$176,340		
						
FUND BALANCE- Beginning		$484,358		$835,486		
						
FUND BALANCE- Ending		$486,996		$1,011,826		

STONEYBROOK SOUTH AT CHAMPIONSGATE
COMMUNITY  DEVELOPMENT DISTRICT

SERIES 2017 CAPITAL PROJECTS FUND
Statement of Revenues & Expenditures
For The Period Ending February 28, 2022

REVENUES:

ADOPTED BUDGET

PRORATED BUDGET THRU 2/28/22

ACTUAL
THRU 2/28/22	VARIANCE

INTEREST	so	so	so	so
TOTAL  REVENUES	so	$0	$0	so

EXPENDITURES:

CAPITAL OUTLAY - CONSTRUCTION	$0	$0	$0	$0
TOTAL EXPENDITURES	$0	so	$0	so
EXCESS REVENUES (EXPENDITURES)	so	$0
FUND BALANCE· Beginning	so	Slll
FUND BALANCE - Ending	so	$111

STONEYBROOK SOUTH AT CHAMPIONSGATE
COMMUNITY DEVELOPMENT DISTRICT

SERIES 2019 CAPITAL PROJECTS FUND
Statement  of Revenues& Expenditures
For The Period Ending February 28, 2022

	ADOPTED
BUDGET		PRORATED BUDGET
THRU 2/28/22		ACTUAL
THRU 2/28/22	
VARIANCE		
REVENUES:									

INTEREST			$0		$0	$0		$0	
TOTAL REVENUES			$0		$0	$0		$0	

EXPENDITURES:

CAPITAL OUTlAY - CONSTRUCTION			

$0		

$0	

$0		

$0	
TOTAL EXPENDITURES			$0		$0	$0		$0	
									
EXCESS REVENUES (EXPENDITURES)			$0			$0			
									
FUND BALANCE- Beglnnhg			$0			$45			
									
FUND BALANCE- Ending			$0			$45			

STONEYBROOK SOUTH AT CHAMPIONSGATE
COMMUNITY DEVELOPMENT DISTRICT

SERIES 2020 CAPITAL PROJECTS FUND
Starem   enof Re1enues & Exp:!nditures
For The Period Ending February 28, 2022

	ADOPTED
BUDGET		PRORATED BUDGET
THRU 2/28/22		ACTUAL
THRU 2/28/22	
VARIANCE	
REVE NU ES:								
INTEREST			$0		$0	$150	$150	
TOTAL REVENUES			$0		$0	$150	$150	

EXPENDITURES:

CAPITAL OUTLAY - CONSTRUCTION			

$0		

$0	

$0	

$0	
TOTAL EXPENDITURES			$0		$0	$0	$0	

OTHER SOURCES/ {USESI								

TRANSFER IN			$0		$0	$7	$7	
TOTAL OTHER SOURCES/(USES)			$0		$0	$7	$7	
								
EXCESS REVENUES (EXPENDITURES)			$0			$157		
								
FUND BALANCE- Beginning			$0			$7,153,607		
								
F UIID BALANCE-Ending			$0			$7,153,765		

STONEVBROOK SOUTH AT CHAMPIONSGATE

,-,ct--    -  -	Nov	Dec	Jan	Feb	Mar	Apr	Mal	Jun	Jul	Aug     - - ,	

Total

Community Development District

...

ASSESSMENTS • TAX ROLL		$0	$70,145	$527,908	$15,073	$53,218	$0	$0	$0	$0	$0	$0	$0	.344	
ASSESSMENTS • rMREO BIUED		$0	SUB,370	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	S128,370	
TOTAL REVENUES	I		S19B,515	$527,908	SlS ,073	b 3.21a	$0	$0	$0	so	sa	so	$0	5 794,714 j	
EXPJNDfflJRfS ·															
AQMINISTRATIVE·
SUPERVISOR FEES		

$400	

$400	

$0	

$0	

$400	

$0	

$0	

$0	

$0	
$0	

$0	

$0	

$1,200	
FICA EXPENSE		$31		$31	$0     >	$0		$31	$0	$0	$0	$0	$0	$0	$0		$92 ENGINEERING	Sl90	$285	$0	$0	$570	$0	$0	$0	$0	$0	$0	$0	$1,045
ATTORNEY	$574	$904	so	$650	$799	$0	$0	$0	$0	$0	$0	$0	$2,926
DISSEMINATION	$ 917	$917	$917	$917	S917	$0	$0	$0	$0	so	$0	$0	$4,583
ARBITRAGE		$0	$0	$0	$450	$0	$0	$0	$0	$0	$0	$0	$0	$450 ANNUAL AUDIT		$0	$0	$0		$0	$0	$0	$0	$0	$0	$0	$0	$0		$0 ASSESSMENT AOMINISTRATION	S5,000	$0	$0		$0	$0	$0                                   $0                                $0                      $0                         $0                         $0                       $0                     $5,000
TRUSTEE FEES	$0	$4,310	so	$0	$4,310	so	$0	$0	$0	$0	so	$0	$8,620
MANAGEMENT FEES	$2,917	$2,917	$2,917	$2,917	$2,917	$0	$0	$0	$0	$0	$0	$0	S14,583
INFORMATION TEOINOLOGY	$88	$88	$88	$88	$88	$0	$0	$0	$0	$0	$0	$0	$438
WEBSITE MAINTENANCE	$50	$SO	$50	$50	$50	$0	$0	$0	$0	$0	$0	$0	$250
TELEPHONE	$0	$0	$0	$0	$0	so	$0	$0	$0	$0	$0	$0	so
POSTAGE	$2	$4	$8	$33	$10	$0	$0	$0	so	so	so	$0	$57
INSURANCE	$5,570		$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$5,570 PRINTING & BINDING		$20	$39	$0	$0	$0	$0	$0	$0	so	so	$0	$0		$59 LEGAL ADVERTISING			$0		$0	$0	$0	$0	so                    $0                           $0                       so              $0                           $0                        $0                           $0 OTHER OJRRENT OiARGES                                                     $40                                 $35                                  $47                            $39                             $38                                    so                    $0                            $0                       so              $0                               $0                        so             $200
OFFICE SUPPLIES	$0		$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	Sl PROPERTY APPRAISER	$0		$0	$0	$0	so	$0	$0	$0	$0	$0	$0	$0	$0 PROPERTY TAXES	so	S344	$0	so	so	$0                                        $0                            $0                      $0                            $0                              $0                         $0                             $344
DUES, LICENSES & SUBSCRIPTIONS	$175	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$175

FIELD SERVICES	$1.250	$1,250	$1,250	$1,250	$1,250	$0	$0	so	$0	$0	$0	$0	$6,250 PROPERTY INSURANCE	$5,658		$0		$0		$0		$0	so	so	$0	$0	$0	$0	$0	$5,658
ELECTRIC		$123		$59		$223		$64		$162	$0	$0	$0	$0	$0	$0	$0		$630 STIIEEl\JGKTING	$6,039	SS,475	$4,234	$,    4 798	$9,430	$0	$0	$0	$0	$0	$0	$0	$29,975
WATER & SEWER	$2,379	S6,785	$11,173	$3,579	$5,416	$0	so	$0	$0	$0	$0	$0	$29,331
LANDSCAPE MAINTENANCE	$17,364	$17,364	$17,364	$17,364	$17,364	$0	$0	$0	$0	$0	$0	$0	$86,820 LANDSCAPE CONTINGENCY			$0		$0			$0			$0			$0	$0	$0	$0	$0	$0	$0	$0		$0 IRRIGATION REPAIRS		Sl,895		$0		$,2  901		$2,730		$1,003	$0                           $0                           $0                       $0                       $0                         $0                       $0                    $8,530 LAKE MAINTENANCE                                                               S385                            $385                            $385                        $385                         $385                                  $0                                $0                            $0                    $0                       $0                        $0                            $0                       $1,925
MITIGATION MONITORING & MAINTENANCE	$3,475	$555	$555	ssss	$1,430	$0	$0	$0	$0	$0	$0	$0	$6,570
CONTINGENCY	$0	$0	so	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
c:Af>'TAL RESERVE	$0	$0	$449,017	$0	$0	$0	$0	$0	$0	$0	$0	$0	$449.017
TOTAL EXPENDITURES	I       $54,541	$42,194	$491,128	$35,868	$46,569	$0	$0	so	$0	$0	$0	$0	s•10,300 1

EXCESS REVENUES {EXPENDITURES}	I	($54,  541)	$15,6  320	$36,780	1$20,795)	$6,649	so	$0	$0	$0	$0	$0	  

$0	$124,4141

10

STONEYBROOK SOUTH AT CHAMPIONSGATE
COMMUNITY DEVELOPMENT DISTRICT
LONG TERM DEBT REPORT

SERIES 2017, SPECIALASSESSMENTBONDS PARCEL KASSESSMENT AREA	
INTEREST RATES:	3.500%, 4000%, 4.625%,5000%	
MATURITY DATE:	12/15/2047	
RESERVE FUND DEFINITION	50%OF MAXIMUM ANNUALDEBT5ERVICE	
RESERVE FUND REQUIREMENT	$150,900	
RESERVE FUND BALANCE	$150,900	
BONDS OUTSTANDING -10/30/17	$4,710,000	
LESS: PRINCIPAL PAYMENT 12/15/18	($55,000)	
LESS: PRINCIPAL PAYMENT 12/15/19	($85,000)	
LESS: PRINCIPAL PAYMENT 12/15/20	($90,000)	
LESS: PRINCIPAL PAYMENT 12/15/21	($90,000)	
CURRENT BONDS OUTSTANDING	$4,390,000	

SERIES 2019, SPECIALASSESSMENTBONDS	
INTEREST RATES:	3.500%,4.000%, 4.500%, 4.625%	
MATURITY DATE:	12/15/2049	
RESERVE FUND DEFINITION	50% OF MAXIMUM ANNUAL DEBT SERVICE	
RESERVE FUND REQUIREMENT	$449,947	
RESERVE FUND BALANCE	$449,947	

BONDS OUTSTANDING- 4/29/19	$14,735,000	
LESS: PRINCIPAL PAYMENT 6/15/20	($255,000)	
LESS: PRINCIPAL PAYMENT 6/15/21	($260,000)	
CURRENT BONDS OUTSTANDING	$14,220,000	

SERIES 2020, SPECIAL ASSESSMENT BONDS FOX SOUTH ASSESSMENT AREA	
INTEREST RATES:	2.500%,3.000%,3.500%, 3.750%	
MATURITY DATE:	12/15/2050	
RESERVE FUND DEFINITION	50% OF MAXIMUM ANNUAL DEBT SERVICE	
RESERVE FUND REQUIREMENT	$351,125	
RESERVE FUND BALANCE	$351,125	

BONDS OUTSTANDING-12/16/20	$12,730,000	
LESS: PRINCIPAL PAY ENT 12/15/21	($265,000)	
CURRENT BONDS OUTSTANDING	$12,465,000	

STONEYBROOK SOUTH AT CHAMPIONSGATE
COMMUNllY DEVELOPMENT DISTRICT SPEOAL ASSESSMENT RECEIPTS· FY2022 TAX OOLi.ECTOR

DATE	GROSS ASSESSMENTS    llSOOUNTS/
RECEIVED	DIST.	RECEIVED	PE-TIES

11/22/21	ACH	$	231,S62.78    $	9,262.45
11/26/21	ACH	s	2,320.08    $	121.81
12/6/21	ACH	s	1,654,019.68    s	66,160.80
12/9/21	ACH	s	1,752.22   s	26.28
12/22/21	ACH	$	103,814.88     $	3,830.43
1/10/22	ACH	$	48,75 2.42   $	1,462.57

s

1/10/22	ACH	$	981.49    $	29.45
2/10/22	ACH	173,874.20    $	3,550.51

s

3/10/22	ACH	$	27,946.37    $	310.27
$
$	$
s	$
s	s
s	$
$	$
$	s
$	$
s	$

        TOTALS		2,245,024.12	84,754.57

DIRECT BILLED ASSESSMENTS

TOTAL

GROSS ASSESSMENTS $ Z,489,945	793,863	321,198	955,926	418,957	
NETASSESSMENTS $ 2,340,548	746,232	301,926	898,570	393,820	

COMMISSIONS	
INTEREST	
NETAMOUNT	GENERAL
FUND	2017	2019	2020
DEBT SERVICE DEBT SERVICE DEBT SERVICE	
PAID	INCOME	RECEIVED	31.88"	12.90%	31.39"	16.83"	

$	4,446.00    $	$    217,854.33
s	43.97    $	$	2,154.30
s   31,757.18    s	$  1,556,101.70
$	34.52    s	s    1,691.42
$	1,999.69    $	s  97,984.76
$	945.80    $	$     46,344.05
$	19.04    $	s	933 .00
$	3,406.47    s	$    166,917.22
$	552.73    $	$     27,083.37
$	s	$
$	$	$
$	s	$
$	$	$
$	s	$
s	$	$
s	$	$
$	$	$
$	$	s
43,205.40	$2,117 064.15	
$     69,458.00	28,102.81     $    83,637.41     $  36,656.11
s	686.85	277.90    $	827.07    $	362.48
s  496,128.37    $  200,734.24    $ 597,409.81    $  261,829.28
s	539.27    $	218.19    $	649.36    $	284.60
s   31,240.26    $   12,639.85     s  37,617.76     $ 16,486.89
s   14,77S  .77     $     5,978  . 30     s  17,792.15    s 7,797.84
s	297.47    $	120.36    s	358.19    $	156.99
$      53,217.84     s  21,532.01     s  64,081.92     $   28,085.45
$	8,634.93    s   3,493.70     $   10,397.69    $    4,557.04
$	$	$	$
$	$	$	s
$	$	$	s
$	$	$	s
$	$	$	s
$	$	$	s
$	$	$	s
$	$	$	$
$	$	$	$

674,978.76 5 l,73,09736 $ ! 1V 7l.3'i S 356,216.68	

100.00%
s  217,854.33
s   2,154.30

s

$1,556,101.70
1,691.42
$    97,984.76
s  46,344.05
s	933.00

s

$  166,917.22
27,083.37
$

$

s s
$
$
$
$
$

H ..117.06<.15

LE"°CG SOUTH, UC	$437,157.19	$128,370.01 $308,787.18

DATE
RECEIVED	DUE
DATE	CHECX NO.	NET
ASSESSED	AMOUNT
RECEIVED	GENERAL
FUND	SERIES
2020	
11/22/21
11/22/21
11/22/21	11/1/21
2/1/22
S/1/22	1713164
1713164
1713164	$     21B,S7B.59
$     109,289.30
s   109,289.30	$   218,578.59
$   109,289.30
$   109,289.30	$     64,185.01
s   32,092.50
s   32,092.50	$ 154,393.58
$   77,196.80
s  77,196.80	
			$ 437,157.19	$ 437,157.19	$ 128,370.01	$ 308,787.18	

Stoneybrook South at ChampionsGate
Community Development District

Special Assessment  Bonds, Series 2020

Date	Requisition #	Contractor	Description	Requisitions	
Fiscal Year 2022					
		TOTAL		$	

Fiscal Year 2022					
10/1/21		Interest		$	29.40	
10/4/21		Transfer from Reserve		$	1.44	
11/1/21		Interest		$	30.38	
11/2/21		Transfer from Reserve		$	1.49	
12/1/21		Interest		$	29.40	
12/2/21		Transfer from Reserve		$	1.44	
1/3/22		Interest		$	30.38	
1/4/22
2/1/22_
2/2/22		Transfer from Reserve Interest
Transfer from Reserve		$	1.49
$	30.38
$	1.49	
		TOTAL		$	1S7.29	

Acquisition/Construction Fund at 9/30/21 lntere st Eame d thru 2/28/22
Re qusitions  Paid thru 2/28/22 Remaining Acquisition/Construction Fund

$  7,153,607.22
$	1S7.29
$

   $ 7,1S3,764.S1 

S ECTION 3

2022 SPECIAL DISTRICTS QUALIFYING PROCEDURE
Qualifying Period- Noon, June 13, 2022 to Noon, June 17, 2022
(Dates are subject to change)

Special District Candidates who WILL NOT incur election expens es or contributions will do the following:
Present the items listed below during the qualifying period

Form 1 - Statement of Financial Interest
Form OS-DE 302NP Candidate Oath - Nonpartisan Office
Qualifying fee of $25.00 or
25 valid petitions.

Special District Candidates who WILL incur election expense s or contributions must do the follo wpm:
File DS-DE9 Appointment of Campaign Treasurer/Designation of Campaign Depository (open campaign account). This must be completed prior to accepting campaign contributions and making campaign expenditures, (section 99.061(3), F.S.).
Read Chapter 106 of the Florida Statutes, and submit a DS-DE84 Statement of Candidate.
File required campaign treasurer's reports
Present qualifying documents during the qualifying period.
Form 1 - Statement of Financial Interest
Form OS-DE 302NP Candidate Oath - Nonpartisan Office
Qualifying fee of $25.00 or
25 valid petitions
Candidates Paying the Qualifying Fee:
All special district candidates, except a person certified to qualify by the petition method or seeking to qualify as a write-in candidate, must pay the qualifying fee of $25.00.
The qualifying fee for a special district candidate is not required to be drawn upon the candidate's campaign account.
Candidates Qualifying by Petition Method:
Special district candidates need to 25 valid signatures of qualified electors within the district. There is a fee of 10 cents per petition to be paid to the Supervisor of Elections for the cost of verifying the signature. The fee must be paid at the time the petitions are submitted.
The deadline for submitting candidate petitions is noon, May 16, 2022.
Special district candidates are not required to file Form OS-DE 9 prior to collecting signatures.

See Section 99.061(3), Florida Statutes.

S E CTION 4

INSTRUCTIONS

At the Board meeting, when the landowners' election is announced, instructions on how landowners may participate in the election, along with a sample proxy, shall be provided.

At a landowners' meeting, landowners shall organize by electing a Chair who shall conduct the meeting. The Chair may be any person present at the meeting. If the Chair is a landowner or proxy holder of a landowner, he or she may nominate candidates and make and second motions.

Nominations are made from the floor.

After all nominations are made, a ballot is distributed and votes are cast

Each landowner is entitled to one vote for each acre he owns or portion of an acre.

SAMPLE AGENDA

Determination of Number of Voting Units Represented

Call to Order

Election of a Chairman for the Purpose of Conducting the Landowners' Meeting

Nominations for the Position of Supervisor

Casting of Ballots

Ballot Tabulation

Landowners Questions and Comments

Adjournment

LANDOWNER PROXY LANDOWNERS l\1EETING- NOVEMBER 7, 2022

STONEYBROOK SOUTH AT CHAMPIONSGATE COMMUNITY DEVELOPMENT DISTRICT OSECOLA COUNTY, FLORIDA

NOW ALL PERSONS BY THESE PRESENTS, that the undersigned, the fee simple owner of the lands described herein, hereby constitutes and appoints:

Proxy Holder

For and on behalf of the undersigned, to vote as proxy at the meeting of the landowners of the Stoneybrook South at ChampionsGate Community Development District to be held at The Oasis Club at ChampionsGate, 1520 Oasis Club Blvd., ChampionsGate, Florida 33896 on November 7, 2022 at 11:30 AM, and at any continuances or adjournments thereof, according to the number of acres of un­ platted land and/or platted lots owned by the undersigned landowner which the undersigned  would be entitled to  vote if then personally present, upon any question, proposition, or resolution or any other matter or thing which may be considered at said meeting including, but not limited to, the election of members of the Governing Board. Said Proxy Holder may vote in accordance with their discretion on all matters not known or determined at the time of solicitation of this proxy, which may legally be considered at said meeting.

Any proxy heretofore given by the undersigned for said meeting is hereby revoked. This proxy is to continue in full force and effect from the date hereof until the conclusion of the annual meeting and any adjournment or adjournments thereof, but may be revoked at any time by written notice of such revocation  presented  at the annual meeting prior to the Proxy Holder exercising the voting rights conferred herein.

Print or type name of Landowner	Date_

_ _ _ _ _ _

Signature of Landowner

Parcel Description	Acreage	Authorized Votes*

(must be street address, tax parcel ID number, or legal description attached)

Total Number of Authorized Votes:

*Pursuant to section 190.006 (2)(b), Florida Statutes (2007), a fraction of an acre is treated as one (1) acre entitling the landowner to one vote with respect thereto.

Please note that a particular real property is entitled to only one vote for each eligible acre  of lands  or fraction thereof; two (2) or more person who own real property in common that is one acre or less are together entitled to only one vote for that real property. If the fee simple landowner  is not an individual, and is instead a corporation, limited liability company, limited partnership or other entity, evidence that the individual signing on behalf of the entity has the authority to do so should be attached hereto. (e.g., bylaws, corporate resolution, etc.). If more than one parcel, each must be listed or described.