Celebration Pointe Community Development District No. 1
12051 Corporate Blvd., Orlando, FL 32817	Phone 407-723-5900
http://celebrationpointecdd1 . com

The proposed agenda for the Board of Supervisors' Meeting for the Celebration Pointe Community Development District No. 1, scheduled to be held Tuesday, November 26, 2019, at 11 :00 am at 2579 SW 87th Drive, Gainesville, FL 32608, is found below. Please note that the personal attendance of at least three Board Members will be required to call the meeting to order.

For those unable to attend in person, you may participate by telephone:

Dial-In: 1-844-621-3956 (new)

Code:

796 580 192# (new)

BOARD OF SUPERVISOR'S MEETING AGENDA
Organizational Matters
Roll Call to Confirm Quorum
Public Comment Period
Swearing in Newly Elected Board Members
Consideration of the Minutes of the July 2, 2019 Board of Supervisors' Meeting
Consideration of Resolution 2020-01, Canvassing and Certifying the Results of the Landowners' Election
Consideration of Resolution 2020-02, Election of Officers

Business Matters
Consideration of Resolution 2020-03, Adopting a Revised Budget for FY 2019
Ratification of Funding Request Nos. 67 - 69
Consideration of Funding Request Nos. 70- 77
Review of Statements of the District's Financial Position

Other Business
Staff Reports
Supervisors Requests
Audience Comments
Board Member General Comments/Discussions

D. Adjournment

pfm

CELEBRATION POINTE COMMUNITY DEVELOPMENT DISTRICT
NO. 1

Oath of Office

CELEBRATION POINTE COMMUNITY DEVELOPMENT DISTRICT NO. 1
BOARD OF SUPERVISORS OATH OF OFFICE

l, 	� A CITIZEN OF THE STATE OF FLORIDA AND OF THE UNITED STATES OF AMERICA, AND BEING EMPLOYED BY OR AN OFFICER OF CELEBRATION POINTE COMMUNITY DEVELOPMENT DISTRICT NO. 1 AND A RECIPIENT OF PUBLIC FUNDS AS SUCH EMPLOYEE OR OFFICER, DO HEREBY SOLEMNLY SWEAR OR AFFIRM THAT I WILL SUPPORT THE CONSTITUTION OF THE UNITED STATES AND OF THE STATE OF FLORIDA.

Board Supervisor

ACKNOWLEDGMENT OF OATH BEING TAKEN

STATE OF FLORIDA COUNTY OF ALACHUA
The foregoing oath was administered before me this __ day of  	

, 2019, by

_	 		___, who personally appeared before me, and is personally
known to me or has produced 	as identification, and is the person described in and who took the aforementioned oath as a Member of the Board of Supervisors of Celebration Pointe Community Development District No. 1 and acknowledged to and before me that he/she took said oath for the purposes therein expressed.

(NOTARY SEAL)

Notary Public, State of Florida
Print Name:  	
Commission No.:	Expires:  	

CELEBRATION POINTE COMMUNITY DEVELOPMENT DISTRICT
N0.1

Minutes of the July 2, 2019 Board of Supervisors' Meeting

MINUTES OF MEETING
CELEBRATION POINTE
COMMUNITY DEVELOPMENT DISTRICT NO. 1
Board of Supervisors Meeting Tuesday, July 2, 2019
2579 SW 87'h Drive, Gainesville, FL 32608 Called to order at approximately 11:08 a.m.
Present and constituting a quorum:

Madeline Da Silva Dave Stockman Troy Ely
Also present were:
Jennifer Walden Lynne Mullins Monica Sutera

Vice-Chair Assistant Secretary Assistant Secretary

PFM PFM PFM

(via phone)

Mark Watts

FIRST ORDER OF BUSINESS

Cobb Cole

(via phone)

Organizational Matters Call to Order and Roll Call

The Board of Supervisors' Meeting for the Celebration Pointe Community Development District No. 1 was called to order at approximately 11 :08 a.m. and the names of those in attendance were announced. Board Members Madeline Da Silva, Dave Stockman, and Troy Ely constituted a quorum.

SECOND ORDER OF BUSINESS

There were no members of the public present at this time.

THIRD ORDER OF BUSINESS

The Board reviewed the minutes outlined in the agenda.

Public Comment Period

Consideration of the Minutes of the Aprll 23, 2019 Board of Supervisors' Meeting

On motion by Ms. Da Silva, seconded by Mr. Ely, with all in favor, the Board approved the minutes of the April 23, 2019 Board of Supervisors' Meeting.

FOURTH ORDER OF BUSINESS		Consideration of Fiscal Year 2019-2020 Meeting Schedule
Ms. Walden presented the Fiscal Year 2019-2020 Meeting Schedule to the Board. District staff suggested keeping a quarterly meeting schedule on the fourth Tuesday of the first month of each quarter at 11 :00 a.m. as follows;
October 22, 2019

January 28, 2020
April 28, 2020
July 28, 2020

On motion by Mr. Stockman, seconded by Ms. Da Silva, with all in favor, the Board approved the Fiscal Year 2019-2020 Meeting Schedule, as presented.

FIFTH ORDER OF BUSINESS		Review and Acceptance of Fiscal Year 2018 Draft Audit

Ms. Walden explained that this was a standard and clean audit. There were no deficiencies in internal controls that would be considered material weaknesses. Counsel has seen the Fiscal Year 2018 Draft Audit.

Mr. Watts stated that he reviewed the audit and provided feedback.

On motion by Mr. Stockman, seconded by Mr. Ely, with all in favor, the Board accepted the Fiscal Year 2018 Draft Audit

SIXTH ORDER OF BUSINESS		Consideration of Agreement for Infrastructure Management and Maintenance Services

Ms. Walden explained that this agreement is with Celebration Pointe Holdings, LLC. It has been updated to include the repair and maintenance of traffic control and regulatory signs, directional signs, and project signs located within the right of way.

Mr. Stockman stated that the Board needs to discuss if they will turn the bridge over to someone but there might still be a maintenance concerns on the bridge moving forward. Mr. Watts stated that the overpass is governed by the agreement between the County, CP Holdings, and DOT and was supposed to go to the County after it was completed. Mr. Stockman confirmed that is correct but the maintenance piece is still going to be the responsibility of the District.

Mr. Stockman asked if SHD Development, LLC is the managing partner for CP Holdings. Ms. Da Silva stated that SHD Development, LLC is the Manager of the Manager. Mr. Watts will revise Section 14. Notices subsection B to Svein Dyrkolbotn. SHD-CP, LLC.

On motion by Ms. Da Silva, seconded by Mr. Stockman, with all in favor, the Board approved the Agreement for Infrastructure Management and Maintenance Services, in substantial form.

2

SEVENTH ORDER OF BUSINESS		Consideration of Request for Authorization

Ms. Walden stated that this is for the event center. Mr. Watts explained that this will allow the Board to direct District Counsel to work with the landowner on the event center negotiations and development LOI to bring back to the Board for consideration and to finalize the renewal of the lease with Bass Pro Shops.

On motion by Mr. Stockman, seconded by Ms. Da Silva, with all in favor, the Board approved the Request for Authorization from District Counsel.

EIGHTH ORDER OF BUSINESS		Public Hearing on the Adoption of the District's Annual Budget
Public Comments and Testimony
Board Comments
Consideration		of Resolution	2019-04, Adopting the Fiscal Year 2020 Budget and Appropriating Funds

Ms. Walden noted that the budget was sent to the County at least 60 days prior to the public hearing date and the public hearing was advertised in the newspaper as required by Florida Statute. Ms. Walden requested a motion to open the public hearing.

On motion by Mr. Stockman, seconded by Ms. Da Silva, with all in favor, the Board opened the Public Hearing.

Ms. Walden explained that the budget is an exhibit to the resolution. District staff provided updated copies to the Board. There were some slight adjustments to the O&M and Debt Service. It is the same budget that the Board saw and approved in preliminary form back in April. The expenses are
$178,850.00. The budget is Developer funded so the District is only paying for what cost are incurred.

Ms. Da Silva asked about the Trustee fees and if it went over budget. Walden replied yes and that they are for the deals with the trustee and the Bonds.

Mr. Stockman asked about the repair to the warehouse. Mr. Watts responded that the parcel was part of the right of way acquisition for the landing of the bridge and it is still within the CDD's ownership. If the Board wants to get repairs done the District Engineer should go out and put together a scope of what needs to be done and solicit the repair work. Mr. Stockman agreed

3

because it would be easy to lease that space out. Mr. Watts with coordinate with Shawn and the District Engineer to develop a scope to bring back to the next meeting.

Ms. Walden requested a motion to close the public hearing.

On motion by Mr. Stockman, seconded by Mr. Ely, with all in favor, the Board closed the Public Hearing.

Ms. Walden requested a motion to approve Resolution 2019-04, adopting the Fiscal Year 2020 Budget.

On motion by Mr. Stockman, seconded by Ms. Da Silva, with all in favor, the Board approved Resolution 2019-04, adopting the Fiscal Year 2020 Budget and Appropriating Funds.

NINTH ORDER OF BUSINESS	Consideration of Fiscal Year 2019-2020 Funding Agreement

Ms. Walden explained that this is the agreement with Celebration Pointe Holdings, LLC to fund the O&M Budget that the Board just approved in Resolution 2019-04.

On motion by Ms. Da Silva, seconded by Mr. Ely, with all in favor, the Board approved the Fiscal Year 2019-2020 Funding Agreement.

TENTH ORDER OF BUSINESS		Consideration	of	Funding Request Nos. 63-66

The Board reviewed Funding Request Nos. 63-66.

On motion by Ms. Da Silva, seconded by Mr. Stockman, with all in favor, the Board approved Funding Request Nos. 63-66.

ELEVENTH ORDER OF BUSINESS		Review	of	the	District's Financial Position

Ms. Walden presented the updated financials to the Board. There is no action required by the Board.

TWELFTH ORDER OF BUSINESS	Staff Reports

4

Attorney- Mr. Watts will follow up on the issues discussed.
Engineer - Not present
Manager - Ms. Walden noted that the next meeting is scheduled for October 22, 2019.
THIRTEENTH ORDER OF BUSINESS	Supervisor	and	Audience Comments & Adjournment

There were no Supervisor requests and no audience comments. Ms. Walden requested a motion to adjourn.

On motion by Ms. Da Silva, seconded by Mr. Stockman, with all in favor, the Board adjourned its July 2, 2019 Board of Supervisors' Meeting.

Secretary/Assistant Secretary	ChairmanNice-Chairman

5

CELEBRATION POINTE COMMUNITY DEVELOPMENT DISTRICT NO.1

Resolution 20 20-01,
Canvassing and Certifying the Results of the Landowners' Election

RESOLUTION 2020-01
A RESOLUTION CANVASSING AND CERTIFYING THE RESULTS OF THE LANDOWNERS'	ELECTION	OF SUPERVISORS OF THE CELEBRATION POINTE COMMUNITY DEVELOPMENT DISTRICT NO. 1 HELD PURSUANT TO SECTION 1 90.006(2), FLORIDA STATUTES

WHEREAS, following proper publication of notice thereof, such landowners meeting was held November 26, 2019 at which the below recited persons were duly elected by virtue of the votes cast in their respective favor; and
WHEREAS, this Resolution canvasses the votes and declares and certifies the results of said election;

NOW, THEREFORE, BE IT RESOLVED BY THE LANDOWNERS AND BOARD OF SUPERVISORS OF THE CELEBRATION POINTE COMMUNITY DEVELOPMENT DISTRICT NO. 1;
The following persons are found, certified, and declared to have been duly elected as Supervisors of and for the District, having been elected by the votes cast in their favor as shown, to with:

Votes   	
 	 Votes   	
 	 Votes   	

In accordance with said statute, and by virtue of the number of votes cast for the respective Supervisors, they are declared to have been elected for the following terms of office:

Four (4)
-	 	Year Term
Four (4)
 	 Year Term
Two (2) Year Term

Said terms of office shall commence immediately upon the adoption of this Resolution PASSED AND ADOPTED THIS 26th DAY OF NOVEMBER, 2019

Chairperson CELEBRATION POINTE
COMMUNITY DEVELOPMENT DISTRICT NO. 1

ATTEST:

Secretary

CELEBRATION POINTE COMMUNITY DEVELOPMENT DISTRICT NO. 1

Resolution 20 20-0 2, Election of Officers

RESOLUTION 2020-02
A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE CELEBRATION POINTE COMMUNITY DEVELOPMENT DISTRICT NO. 1 ELECTING THE OFFICERS OF THE DISTRICT, AND PROVIDING FOR AN EFFECTIVE DATE
WHEREAS, THE CELEBRATION POrNTE COMMUNITY DEVEL OPMENT DISTRICT
NO. l(the "District") is a local unit of special-purpose government created and existing pursuant to Chapter 190, Florida Statutes; and

WHEREAS, pursuant to Section 190.006(6), Florida Statutes, as soon as practicable after each appointment to the Board of Supervisors (the "Board"), the Board shall organize by electing one of its members as chair and by electing a secretary, and such other officers as the Board may deem necessary.

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF CELEBRATION POINTE COMMUNITY DEVELOPMENT DISTRICT NO. 1:

Section 1.	is appointed Chairperson.

Section 2.

Section 3.

_

--------Jenn=i=fe=r--'W-'-=al=d=en=--

is appointed Vice-Chairperson.

is appointed Secretary.

--�L~y�n=ne�  =M=u=l=li=ns�-- is appointed Assistant Secretary.
is appointed Assistant Secretary.
_	_ is appointed Assistant Secretary is appointed Assistant Secretary.

Section 4.

Jenn=i=fe=r""""W---'- 	is appointed Treasurer.

Section 5.

A_m�a�n=d �a=L=a=ne�

is appointed Assistant Treasurer.

Section 6. All Resolutions or parts of Resolutions in conflict herewith are hereby repealed to the extent of such conflict.

Section 7. This Resolution shall become effective immediately upon its adoption.

PASSED AND ADOPTED THIS 26th DAY OF NOVEMBER, 2019.
CELEBRATION POINTE COMMUNITY DEVELOPMENT DISTRICT No. 1

ATTEST:

SECRETARY/ASST. SECRETARY

CHAIRNICE-CHAIR

CELEBRATION POINTE COMMUNITY DEVELOPMENT DISTRICT NO. 1

Resolution 2020-03,
Adopting a Revised Budget for FY 2019

RESOLUTION 2020-03
THE REVISED ANNUAL APPROPRIATION RESOLUTION OF THE CELEBRATION POINTE COMMUNITY DEVELOPMENT DISTRICT NO. 1 (THE "DISTRICT") RELATING TO THE REVISED ANNUAL APPROPRIATIONS AND ADOPTING THE REVISED BUDGET FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2018, AND ENDING SEPTEMBER 30, 2019
WHEREAS, the Celebration Pointe Community Development District No. 1 Board of Supervisors (the "Board") previously approved and adopted an annual budget for the fiscal year beginning October 1, 2018 and ending September 30, 2019, pursuant to the provisions of Section 190.008(2)(a), Florida Statutes; and
WHEREAS, the Board now desires to revise the annual budget for the fiscal year beginning October 1, 20 18 and ending September 30, 2019; and
WHEREAS, Section 190.008(2)(a), Florida Statutes, requires that the District Board by passage of the Annual Appropriation Resolution shall adopt a budget for the each fiscal year and appropriate such sums of money as the Board deems necessary to defray all expenditures of the District during the ensuing fiscal year; and
WHEREAS, the District Manager has prepared a Proposed Budget, whereby the Proposed Budget projects the cash receipts and disbursements anticipated during a given time period, including reserves for contingencies for emergency or other unanticipated expenditures during the fiscal year.
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE CELEBRATION POINTE COMMUNITY DEVELOPMENT DISTRICT NO. 1;
Section 1.	Budget
That the Board of Supervisors has reviewed the District Manager's Proposed Budgets, a copy of which is on file with the office of the District Manager and at the District's Records Office, and hereby approves certain amendments thereto, as shown in Section 2 below.
That the District Manager's Proposed Budgets, attached hereto as Exhibit "A," are hereby adopted in accordance with the provisions of Section 190.008(2)(a), Florida Statutes, and incorporated herein by reference; provided, however, that the comparative figures contained in the adopted budget may be subsequently revised as deemed necessary by the District Manager to reflect actual revenues and expenditures for fiscal year 20 18- 20 19.

That the adopted budget shall be maintained in the office of the District Manager and at the District's Records Office and identified as "The Revised Budget for the Celebration Pointe Community Development District No. 1 for the Fiscal Year Beginning October 1, 20 18 and Ending September 30, 2019", as adopted by the Board of Supervisors on November 26, 2019.
Section 2.	Appropriations
There is hereby appropriated out of the revenues of the Celebration Pointe Community Development District No. 1, for the fiscal year beginning October 1, 20 18, and ending September 30, 20 19, the sum of money to be raised by the levy of assessments and otherwise, which sum is deemed by the Board of Supervisors to be necessary to defray all expenditures of the District during said budget year, to be divided and appropriated in the following fashion:

TOTAL GENERAL FUND	$	-
TOTAL ALL FUNDS	$ 	
Section 3.	Supplemental Appropriations

The Board may authorize by resolution, supplemental appropriations or revenue changes for any lawful purpose from funds on hand or estimated to be received within the fiscal year as follows:
Board may authorize a transfer of the unexpended balance or portion thereof of any appropriation item.
Board may authorize an appropriation from the unappropriated balance of any fund.
Board may increase any revenue or income budget amount to reflect receipt of any additional unbudgeted monies and make the corresponding change to appropriations or the unappropriated balance.
The District Manager and Treasurer shall have the power within a given fund to authorize the transfer of any unexpected balance of any appropriation item or any portion thereof, provided such transfers do not exceed Ten Thousand ($ 10,000) Dollars or have the effect of causing more than 10% of the total appropriation of a given program or project to be transferred previously approved transfers included. Such transfer shall not have the effect of causing a more than $10,000 or 10% increase, previously approved transfers included, to the original budget appropriation for the receiving program. Transfers within a program or project may be approved by the Board of Supervisors. The District Manager or Treasurer must establish administrative procedures which require information on the request forms proving that such transfer requests comply with this section.

2

Introduced, considered favorably, and adopted this 26th day of November, 2019.

ATTEST:

Secretary

CELEBRATION POINTE COMMUNITY DEVELOPMENT DISTRICT NO. 1

By: 	  	
Its:--------------

3

Celebration Pointe CDD  No. 1
Budget to Actual
For the period ending 9/30/2019 

Actual Thru
9.30.19 

Projected Through 9.2019 

Adopted Budget FY2019 

Proposed Revised Budget FY2019 

Revenues

Developer Contributions	$	79,370.93	$	79,370.93	$ 1 20, 500.00	$ 1 1 5,837.76	
Rental Income	4,662.24	4,662.24		4,662.24	
Net Revenues	$	84,033. 17 	$	84,033.17 	$ 1 20,500.00	$ 1 20,500.00	
General & Administrative E�Qenses

Engineering Fees		$			$		$	2,000.00	$	2,000.00	
Trustee Fees			24 ,553.59			24,553.59	12,000.00	24.553.59	
District Management Fees			30,000.00			30,000.00	30,000.00	30.000.00	
District Counsel Fees			7,806. 81 			9, 506.81	25,000.00	1 0,731 .33 	
Audit Fees			5,750.00			5, 750.00	6, 500.00	6,500.00	
Bond Dissemination Agent			3,000.00			3, 000.00	3, 000.00	3,000.00	
Travel & Per Diem							1, 000.00	1 ,000. 00	
Conference Calls			105.05			1 05.05	500.00	500.00	
Mailing Expenses			32.45			32.45	250. 00	250,00	
D&O Insurance			2, 525.00			2,525.00	2,800.00	2 , 800.00	
General Insurance			3,1 79.00			3,1 79.00	3,500.00	3. 500.00	
Property Insurance			1 ,440.00			1, 440.00	4, 000. 00	4, 000 00	
Printing & Binding			187, 95			187.95	600.00	600.00	
Leg al Advertising			769.60			769.60	5, 000.00	5,000.00	
Miscellaneous (Mini Mobile Storage)			1, 215.08			1, 21 5.08		1 ,21 5.08	
Dues, Licenses & Fees			175 00			1 75.00	200.00	200.00	
Property Taxes			7.769 52			7,769.52	8,400.00	8,400,00	
Electric							2 , 000.00	2,000.00	
Water			2,978.01			2,978.01 	3, 300.00	3.300.00	
Dumpster							3,500.00	3,500.00	
Hurricane Cleanup							5, 000.00	5,000.00	
Website Maintenance			1. 400.00			1 .400.00	900.00	1 ,400.00	
Landscaping Maintenance & Material							1, 050.00	1 , 050.00	
Total General & Administrative Expenses	$		92,887.06	$		94,587.06	$ 1 20,500.00	$ 1 20,500.00	
Net Income (Loss)	$	(8,853.89)	$ (10,553.89)		$		$	

CELEBRATION POINTE COMMUNITY DEVELOPMENT DISTRICT NO. 1

Funding Request Nos. 67 - 69

CELEBRATION POINTE COMMUNITY DEVELOPMENT DISTRICT #1

Funding Request No. 67
7/22/20 19 
Item

Payee

Invoice

General	General

 	No.	
Cobb Cole

Fund FY19	Fund FY20

Legal Fees Through 5/31 /19 

GRU
Reclaimed Water 5/22-6/21

US Bank
Trustee Fees for 6/1 /1 9-5/31 /20

1 55009

5404987

TOTAL:

$407.13 

$220.80

$1 2,391 .25

$13,019.18	$0.00

$13,019.18

Assistant Secretary/Secretary	ChairmanNice Chairman

Please remit funding to: Celebration Pointe CDD #1 Attention: Amy Champagne 12051 Corporate Blvd.
Orlando, FL 32817

CELEBRATION POINTE COMMUNITY DEVELOPMENT DISTRICT #1

Funding Request No. 68
7/30/20 19 
Item
No.

Payee

Invoice

General Fund FY19 

General Fund FY20

PFM Group  Consulting,  LLC District Management Fee - July 20 19 Website Fee - July 2019 

DM-07-201 9-0013
DM-07-201 9-00 14 

TOTAL:

$2,500.00
$75.00

$2,575.00	$0.00

$2,575.00

Assistant Secretary/Secretary	ChairmanNice Chairman

Please remit funding to: Celebration Pointe COD #1 Attention: Amy Champagne 12051 Corporate Blvd.
Orlando, FL 32817 

	CELEBRATION POINTE COMMUNITY DEVELOPMENT DISTRICT #1		

Funding
8/6/20 19 	
Request No. 69		
Item No.	Payee	Invoice	General Fund FY1 9	General Fund FY20	
	Cobb Cole
District Counsel - Bonds Through 6/30/1 9	1 55768	
$1 5.09		
	District Counsel - General Through 6/30119	1 55767	$450.07		
2	Carr Riggs & Ingram
Final Audit FY1 8	16726728	
$1 ,500.00		
3	GRU			
	Reclaimed Water 6/22-7122	$220.78		
4	PFM Group Consulting, LLC			
	May 2019 Postage	OE-EXP-00202	$2.00		
	April 2019 Postage	OE-EXP-00201	$1 .00		
	March 2019 Postage	OE-EXP-00200	$2.00		
	April 201 9 Copies	OE-EXP-00199	$56.70		
		$2,247.64	$0.00	
	TOTAL:	
$2,247.64		

Assistant Secretary/Secretary	ChairmanNice Chairman			

Please remit funding to: Celebration Pointe COD #1 Attention: Amy Champagne 12051 Corporate Blvd.
Orlando, FL 32817

CELEBRATION POINTE COMMUNITY DEVELOPMENT DISTRICT NO.1

Funding Request Nos. 70 - 77

CELEBRATION POINTE COMMUNITY DEVELOPMENT DISTRICT #1

Funding Request No. 70
8/27/201 9
Item
No.

Payee

Invoice

General		General Fund FY19	Fund FY20

Fishkind & Associates, Inc.
July 2019 Conference Calls

PFM Group Consulting, LLC
August 2019 District Management Fee August 2019 Website Fee
July 2019 Postage

24575

DM-08-201 9-0013 
DM-08-201 9-0014 OE-EXP-00344

TOTAL:

$35.20

$2,500.00
$75.00
$3.00

$2,613.20	$0.00

$2,613.20

Assistant Secretary/Secretary	ChairmanNice Chairman

Please remit funding to: Celebration Pointe CDD #1 Attention: Amy Champagne 12051 Corporate Blvd.
Orlando, FL 32817

CELEBRATION POINTE COMMUNITY DEVELOPMENT DISTRICT #1

Funding Request No. 71
9/9/2019 
Item No.
Cobb Cole

Payee

Invoice

General		General Fund FY1 9	Fund FY20

District Counsel - General Through 7/31/1 9	1 56480
2	GRU
Reclaimed Water 7/23-8/21/19 

TOTAL:

$1 ,330.22

$322.28

$1 ,652.50	$0.00

$1,652.50

Assistant Secretary/Secretary	ChairmanNice Chairman

Please remit funding to: Celebration Pointe COD #1 Attention: Amy Champagne 12051 Corporate Blvd.
Orlando, FL 32817

C ELEBRATION POINTE COMMUNITY DEVELOPMENT DISTRICT #1

Funding Request No. 72
9/16/201 9
Item No.

Payee

Invoice

General		General Fund FY19	Fund FY20

Egis Insurance & Risk Advisors
FY20 Insurance Renewal	9592

TOTAL:

$7,329.00

$0.00	$7,329.00

$7,329.00

Assistant Secretary/Secretary	ChairmanNice Chairman

Please remit funding to: Celebration Pointe COD #1 Attention: Amy Champagne 12051 Corporate Blvd.
Orlando, FL 32817

CELEBRATION POINTE COMMUNITY DEVELOPMENT DISTRICT #1

Funding Request No. 73
9/30/201 9
Item

Payee

Invoice

General	General

 	No.	
PFM Group Consulting, LLC

Fund FY19	Fund FY20

September 2019 District Management Fee September 2019 Website Fee
August 2019 Fedex and Postage

Cobb Cole
District Counsel through 8/31 /19 

DM-09-201 9-0013 
DM-09-2019-0014 OE-EXP-00425

157037

TOTAL:

$2,500.00
$75.00
$12.1 1

$91 .55

$2,678.66	$0.00

$2,678.66

Assistant Secretary/Secretary	ChairmanNice Chairman

Please remit funding to: Celebration Pointe CDD #1 Attention: Amy Champagne 12051 Corporate Blvd.
Orlando, FL 32817 

CELEBRATION POINTE COMMUNITY DEVELOPMENT DISTRICT #1

Funding Request No. 74
1 0/71201 9
Item No.

Payee

Invoice

General		General Fund FY1 9	Fund FY20

Florida Department of Economic Opportunity
FY 20 Annual Fee

GRU
8/22-9/23 Utilities

74572

$326. 13 

$1 75.00

$326.13	$1 75.00

Assistant Secretary/Secretary

Please remit funding to: Celebration Pointe COD #1 Attention: Amy Champagne 12051 Corporate Blvd.
Orlando, FL 32817 

TOTAL:

ChairmanNice Chairman

$501.13 

CELEBRATION POINTE COMMUNITY DEVELOPMENT DISTRICT #1

Funding Request No. 75
1 0/1 5/2019 
Item
No.
Fishkind & Associates
ADA Website Fee

Payee

Invoice

24617 

General Fund FY1 9

$500.00

General Fund FY20

$500.00	$0.00

Assistant Secretary/Secretary

Please remit funding to: Celebration Pointe COD #1 Attention: Amy Champagne 12051 Corporate Blvd.
Orlando, FL 32817

TOTAL:

ChairmanNice Chairman

$500.00

CELEBRATION POINTE COMMUNITY DEVELOPMENT DISTRICT #1

Funding Request No. 76
1 0/21/2019
Item No.
Cobb Cole

Payee

Invoice

General		General Fund FY1 9	Fund FY20

District Counsel through 9/30/1 9

Gainesville Sun
Legal Advertising 1 0/1 5/19 

1 57570

a000958439

$1 ,142.75

$1 11 .22

$1 ,142.75	$1 11 .22

Assistant Secretary/Secretary

Please remit funding to: Celebration Pointe CDD #1 Attention: Amy Champagne 12051 Corporate Blvd.
Orlando, FL 32817 

TOTAL:

ChairmanNice Chairman

$1 ,253.97

CELEBRATION POINTE COMMUNITY DEVELOPMENT DISTRICT #1

Funding Request No. 77
11 /5/201 9
Item	Payee
No.
Alachua County Property Appraiser
to receive listing of current parcels

Digial Assurance Certification, LLC
Dissemination FY20

GRU
9/24-1 0/22 Water Bill

John Power Tax Collector
FY20 Property Tax Bill

PFM Group Consulting
October 2019 District Management Fee October 2019 Website Fee

Invoice

45796

DM-1 0-201 9-0018 
DM-10-201 9-0019 

TOTAL:

General		General Fund FY1 9	Fund FY20

$75.00

$3,000.00

$397.48

$8,076.09

$2,500.00
$1 00.00

$0,00	$14, 148.57

$14,1 48.57

Assistant Secretary/Secretary	ChairmanNice Chairman

Please remit funding to: Celebration Pointe CDD #1 Attention: Amy Champagne 12051 Corporate Blvd.
Orlando, FL 32817

CELEBRATION POINTE COMMUNITY DEVELOPMENT DISTRICT NO.1

Statements of the District's Financial Position

Revenues

Celebration Pointe COD No. 1
Statement of Activities As of 10/31/2019

General Fund	Series 2014 Debt	Series 2017	Series 2014	Series 201 7	Long Term	Total	
	Service Fund	Debt Service	Construction	Construction	Debt Group		
			Fund	Fund			

Developer Contributions	$11 ,372. 13 			$1 1 ,372. 13 	
Inter-Fund Group Transfers In		($285.55)		(285.55)	
Inter-Fund Transfers In			$285.55	285.55	
Total Revenues	$11 ,372.13 		$0.00		($285.55)	$0.00	$285.55	$0.00	$11 ,372.13 	

Insurance	$2,588.00							$2,588.00	
Trustee Services	11 ,372. 11 							11 ,372. 11 	
Legal Advertising	111 .22							111 .22	
Dues, Licenses, and Fees	250.00							250.00	
General Insurance	3,258.00							3,258.00	
Property & Casualty	1 ,483.00							1,483.00	
Total Expenses	$1 9,062.33	$0.00	$0.00	$0.00	$0.00	$0.00	$1 9,062.33	
Total Other Revenues (Expenses) & Gains (Losses)	$0.00		$0.00		$0.00		$0.00		$0.00		$0.00	$0.00	
Change In Net Assets	($7,690.20)		$0.00		($285.55)		$0.00		$285.55		$0.00	($7,690.20)	

Net Assets At Beginning Of Period	
$64,058.42		
$2,1 34, 118.35		
$1 ,91 7,254.27		
$1 58,607.41		
($2,070,849.90)		
$0.00	
$2,203,188.55	

Net Assets At End Of Period	
$56,368.22		
$2, 1 34, 11 8. 35		
$1 ,91 6,968.72		
$1 58,607.41		
$158,607.41		
$0.00	
$4,424,670. 11 	

Expenses

Other Revenues (Expenses) & Gains (Losses)

Celebration Pointe COD No. 1 Statement of Financial Position As of 1 0/3 1 /20 19 

General Fund	Series 2014 Debt	Series 2017 Debt	Series 2014	Series 2017	Long Term Debt	Total	
	Service Fund	Service Fund	Construction	Construction	Group		
			Fund	Fund			

Assets

Current Assets		
General Checking Account	$3,1 32,836.51									$3, 1 32,836.51	
Accounts Receivable - Due from Developer	30,677.03									30,677.03	
Debt Service Reserve Series 2014			$2, 1 34, 11 7.87							2, 134,117.87	
Revenue Series 2014			0.48							0.48	
Debt Service Reserve Series 2017 					$1 ,91 6,962.60					1,91 6,962.60	
Revenue Series 201 7					3.12 					3. 12 	
Interest Series 2017 					3.00					3.00	
Acquisition/Construction Series 2014						$37.36				37.36	
Deferred Cost Series 2014						1 58,570.05				1 58,570.05	
Acquisition/Construction Series 201 7							$51 ,009.04			51,009.04	
Deferred Cost Series 201 7							35,009.61			35,009.61	
Total Current Assets	$3,1 63,51 3.54		$2, 134, 11 8.35		$1,91 6,968.72	$1 58,607.41	$86,01 8.65		$0.00	$7,459,226.67	

Investments											
Amount Available in Debt Service Funds										$4,051 ,087.07		$4,051 ,087.07	
Amount To Be Provided										57,733,912.93		57,733,91 2.93	
Total Investments		$0.00		$0.00		$0.00		$0.00		$61 ,785,000.00		$61,785,000.00	
Total Assets	$3,163,51 3.54	$2, 1 34,11 8.35		$1 ,916,968.72		$1 58,607.41		$86,01 8.65		$61,785,000.00		$69,244,226.67	

Liabilities and Net Assets

Current Liabilities Accounts Payable Deferred Revenue Retainage Payable
Total Current Liabilities

Long Term Liabilities

$3,076,468.29
30,677.03

$3, 1 07, 145.32	$0.00	$0.00

$3,076,468.29
30,677.03
$2,1 56,583.00	2,1 56,583.00
$0.00	$2, 1 56,583.00	$0.00	$5,263,728.32

Celebration Pointe COD No. 1 Statement of Financial Position As of 1 0/31/2019 

General Fund

Series 2014 Debt Service Fund

Series 2017 Debt Service Fund

Series 2014		Series 2017	Long Term Debt	Total Construction	Construction		Group
Fund	Fund

Revenue Bonds Payable - Long-Term										$61 ,785,000.00		$61 ,785,000.00	
Total Long Term Liabilities		$0.00		$0.00			$0.00	$0.00		$61 ,785,000.00		$61 ,785,000.00	
Total Liabilities	$3, 1 07,145.32	$0.00		$0.00			$0.00	$2,1 56,583.00		$61 ,785,000.00		$67,048,728.32	

Net Assets
Fund Balance - Unreserved	$75,483.32							$75,483.32	
Net Assets, Unrestricted								0.00	
Net Assets - General Government	(1 1 ,424.90)							(1 1 ,424.90)	
Current Year Net Assets - General Government	(7,690.20)							(7,690.20)	
Net Assets, Unrestricted		$2, 134,1 14.40						2,1 34, 114.40	
Current Year Net Assets, Unrestricted								0.00	
Net Assets - General Government		3.95						3.95	
Net Assets, Unrestricted			$1 ,91 7,254.27					1,91 7,254.27	
Current Year Net Assets, Unrestricted			(285.55)					(285.55)	
Net Assets, Unrestricted				$1 83,607.41				183,607.41	
Current Year Net Assets, Unrestricted								0.00	
Net Assets - General Government				(25,000.00)				(25,000.00)	
Net Assets, Unrestricted					($2,044,812.02)			(2,044,81 2.02)	
Current Year Net Assets, Unrestricted					285.55			285.55	
Net Assets - General Government					(26,037.88)			(26,037.88)	
Current Year Net Assets - General Government								0.00	
Total Net Assets	$56,368.22	$2, 134, 118.35	$1 ,91 6,968.72	$1 58,607.41	�2.070,564.35)	--	$0.00	$2,1 95,498.35	
Total Liabilities and Net Assets	$3,1 63,51 3.54	$2, 134, 118.35	$1 ,91 6,968.72	$1 58,607.41		$86,018.65	-$61 ,785,000.00	$69,244,226.67	

Revenues

Celebration Pointe CDD No. 1
Budget to Actual
For the period ending 10/31/2019

Actual	Year To Date
Budget	
Variance	Adopted
Budget	
			FY2020	

Developer Contributions	$	11 ,372. 13 	$	12,379. 17 	$	(1 ,007.04)	$ 148,550.00	
Rental Income		27,775.00	(27,775.00)	30,300.00	
Net Revenues	$	11 ,372.13 	$	40,154.17	$	(28,782.04)	$ 1 78,850.00	
General & Administrative Ex�enses

Engineering Fees	$		$	166.67	$	(166.67)	$	2,000.00	
Trustee Fees	11 ,372. 11 		2,083.33	9,288.78	25,000.00	
District Management Fees			2,500.00	(2,500.00)	30,000.00	
Assessment Administration			1 ,250.00	(1 ,250.00)	15,000.00	
Reamortization Fees			41 .67	(41 .67)	500.00	
District Counsel Fees			2,083.33	(2,083.33)	25,000.00	
Audit Fees			550.00	(550.00)	6,600.00	
Property Appraiser			6.25	(6.25)	75.00	
Bond Dissemination Agent			291 .67	(291 .67)	3,500.00	
Travel & Per Diem			83.33	(83.33)	1, 000.00	
Conference Calls			20.83	(20.83)	250.00	
Mailing Expenses			41 .67	(4 1 .67)	500.00	
D&O Insurance	2,588.00		233.33	2,354.67	2,800.00	
General Insurance	3,258.00		291 .67	2,966.33	3,500.00	
Property Insurance	1 ,483.00		333.33	1,1 49.67	4,000.00	
Printing & Binding			35.42	(35.42)	425.00	
Legal Advertising	111 .22		41 6.67	(305.45)	5,000.00	
Miscellaneous (related to rental income)			1,250.00	(1 ,250.00)	15,000.00	
Dues, Licenses & Fees	250.00		16.67	233.33	200.00	
Property Taxes			700.00	(700.00)	8,400.00	
Electric			1 66.67	(166.67)	2,000.00	
Water			291 .67	(291 .67)	3,500.00	
Dumpster			1 83.33	(1 83.33)	2,200.00	
Hurricane Cleanup			833.33	(833.33)	10,000.00	
Website Maintenance			200.00	(200.00)	2,400.00	
Landscaping Maintenance & Material			833.33	(833.33)	10,000.00	
Total General & Administrative Expenses	$	19,062.33		$	14,904. 17 	$	4,158.16	$ 178,850.00	
Net Income (Loss)	$	(7,690.20)		$	25,250.00	$	(32,940.20)	$