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’ Special Meeting for the Celebration Pointe Community Development District No. 1, scheduled to be held Thursday, March 18, 2021, 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.
Please use the following information to join the telephonic conferencing:

Phone:	1-844-621-3956	Participant Code:	796 580 192#

BOARD OF SUPERVISOR'S MEETING AGENDA
Organizational Matters
Roll Call to Confirm Quorum
Public Comment Period
Consideration of the Minutes of the October 27, 2020 Board of Supervisors’ Meeting

Financing Matters
Consideration of Assessment Consulting Engagement Letter with PFM
Consideration of Underwriter Agreement with Jefferies
Consideration of Bond Counsel Agreement
Consideration of District Engineer Fee Agreement
Consideration of Trustee Agreement

Business Matters
Review of Certificate of Consulting Engineer Certifying the Series 2014 Project Complete
Ratification of Funding Request Nos. 100 – 106
Consideration of Funding Request Nos. 107 – 114
Review of Statements of the District’s Financial Position

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

D. Adjournment

CELEBRATION POINTE COMMUNITY DEVELOPMENT DISTRICT NO. 1

Minutes of the October 27, 2020 Board of Supervisors’ Meeting

MINUTES OF MEETING

CELEBRATION POINTE
COMMUNITY DEVELOPMENT DISTRICT NO. 1
Board of Supervisors Meeting Tuesday, October 27, 2020 11:00 a.m.
Via telephonic conferencing due to the COVID-19 Executive Orders 20-246

Present and constituting a quorum:			
Troy Ely
Dave Stockman Heather Dyrkolbotn	Assistant Secretary Assistant Secretary Assistant Secretary	(via phone) (via phone) (via phone)	
Also present were:			
Jennifer Walden Lynne Mullins Mark Watts	PFM PFM
Cobb Cole	(via phone) (via phone) (via phone)	

FIRST ORDER OF BUSINESS	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 11:02 a.m. and the names of those in attendance were announced. Board Members Madeline Da Silva, Dave Stockman, and Heather Dyrkolbotn were present via phone.

SECOND ORDER OF BUSINESS	Public Comment Period

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

THIRD ORDER OF BUSINESS	Discussion	regarding Executive Orders 20-246

Ms. Walden stated the Executive Orders are included in the packet which state that the District is able to hold their meetings via telephonic conferencing due to the COVID-19 situation. An ad was placed for today’s meeting which notes those Executive Orders as well as the telephonic conferencing information so the public can safely join the meeting.

FOURTH ORDER OF BUSINESS	Consideration of the Minutes of the July 28, 2020 Board of Supervisors’ Meeting

The Board reviewed the minutes outlined in the agenda.

On motion by Mr. Stockman, seconded by Ms. Dyrkolbotn, with all in favor, the Board approved the minutes of the July 28, 2020 Board of Supervisors’ Meeting.

FIFTH ORDER OF BUSINESS	Appointment	of	Auditor Selection Committee

Ms. Walden explained the Board needs to appoint a committee to select an auditor and the Board can appoint itself as the Auditor Selection Committee if it would like.

On motion by Mr. Stockman, seconded by Mr. Ely, with all in favor, the Board appointed the five Board Members for the Auditor Selection Committee.

SIXTH ORDER OF BUSINESS	Consideration of Resolution 2021-01, Adopting a Revised Budget for FY 2020

Ms. Mullins explained while the District did not go over budget, it did have several line items that went over the $10,000 and/or 10% threshold. This Resolution adopts a revised budget with those notated changes per the line items with keeping the overall budget the same.

On motion by Mr. Stockman, seconded by Ms. Dyrkolbotn, with all in favor, the Board approved Resolution 2021-01, Adopting a Revised Budget for FY 2020.

SEVENTH ORDER OF BUSINESS	Consideration of Fiscal Year 2020 Audit Engagement Letter

Ms. Walden explained this so the auditor can begin to work on the audit. I will note that the fee for these services will be $6,000.00 which is less than what was budgeted.

On motion by Ms. Dyrkolbotn, seconded by Mr. Ely, with all in favor, the Board approved FY 2020 Audit Engagement Letter.

EIGHTH ORDER OF BUSINESS	Consideration	of	Funding Request Nos. 91-99

The Board reviewed Funding Request Nos. 91-99.

On motion by Mr. Stockman, seconded by Mr. Ely, with all in favor, the Board approved Funding Request Nos. 91-99.

NINTH ORDER OF BUSINESS	Review	of	the	District’s Financial Position

Ms. Walden presented the updated financials through September 30, 2020 to the Board. The District currently has actuals of $98K vs. a budget over $178k, so the District will end the FY under budget by $80k. No action is required by the Board

TENTH ORDER OF BUSINESS	Staff Reports Attorney – No Report
Engineer – Not present

Manager – Ms. Walden noted that the next meeting is January 26, 2021.

ELEVENTH 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 Mr. Troy, seconded by Ms. Dyrkolbotn, with all in favor, the Board adjourned its October 27, 2020 Board of Supervisors’ Meeting.

 	_ 		 	_	_
Secretary/Assistant Secretary	Chairman/Vice-Chairman

Assessment Consulting Engagement Letter with PFM
(provided under separate cover)

Assessment Consulting Engagement Letter with PFM

March 15, 2021

Jonathan Paul Chairperson
Celebration Pointe Community Development District 12051 Corporate Blvd.
Orlando, FL 32817 Dear Mr. Paul:

300 S Orange Ave. Suite 1170
Orlando, FL 32801
407.648.2208

pfm.com

As provided for under Exhibit B “Other Services” of our Agreement for Financial Advisory
Services between PFM Financial Advisors, LLC (“PFM”) and Celebration Pointe Community Development District (the “Client” and/or “District”) dated January 22, 2019, PFM has agreed to provide assessment consulting services for the Series 2021 Bond issuance for the District as needed and as set forth below.

SCOPE OF SERVICES

PFM will assist the District in establishing an appropriate assessment methodology to support the refunding of existing bond debt for Phase I of the District as needed.
PFM’s assessment consulting services for each phase will include:

Formulation of a supplemental assessment methodology outlining the assessment structure to be used to secure the repayment of the District's debt issuance

Attendance at all District Board Meetings and any other public hearings or workshops related to the assessment methodology, as determined by the District’s Chairperson, financial advisor, legal counsel, or bond counsel and participation in all District staff conference calls, meeting, and workshops related to the adoption and/or implementation of a suitable debt assessment methodology

Calculation of the preliminary and final assessment rolls or their equivalent and provision of assessment calculations and a preliminary assessment roll in Microsoft Excel format to the District’s manager, following the issuance of debt, for the manager’s use in administering the District’s assessments.

Celebration Pointe Community Development District
March 15, 2021
Page 2

COMPENSATION FOR SERVICES

Series 2021 Bonds - Assessment Consulting Services $25,500*
*includes project related expenses

Subject to the receipt and access to information we deem necessary, in our sole discretion, to complete the tasks outlined above, PFM anticipates being able to complete the scope of work within the scheduled refunding timeline as presented by the Client.

Provided the terms are acceptable, please have an authorized official of the Client sign and return a copy of this letter to us to acknowledge acceptance of the terms of this engagement.

Sincerely,
PFM FINANCIAL ADVISORS LLC

___________________

    _	_
Managing Director

Accepted by:

(Signature)

(Print Name)

(Date)

CELEBRATION POINTE COMMUNITY DEVELOPMENT DISTRICT NO. 1

Underwriter Agreement with Jefferies

200 South Orange Avenue Suite 1440
Orlando, Florida 32801 Jefferies.com

March 9, 2021

Mr. Jonathan Paul Chairman
Celebration Pointe Community Development District No. 1 2579 SW 87th Drive
Gainesville, FL 32608

Re:	Disclosures by Sole Underwriter Pursuant to MSRB Rule G-17
Celebration Pointe Community Development District No. 1 Special Assessment Revenue Bonds, Series 2021	
Dear Mr. Paul	:	

We are writing to provide you with certain disclosures relating to the above captioned bond issue (the Bonds), as required by the Municipal Securities Rulemaking Board (MSRB) Rule G-17 in accordance with MSRB Notice 2012-25 (May 7, 2012)1 and MSRB Rule G-23 in accordance with MSRB guidance2. Jefferies LLC (Jefferies) has been engaged as an underwriter, and not as a financial advisor or municipal advisor, in connection with the issuance by the Issuer of the Bonds. As part of our services as underwriter, Jefferies may provide advice concerning the structure, timing, terms, and other similar matters concerning the issuance of the Bonds.

Disclosures Concerning the Underwriter’s Role

MSRB Rule G-17 requires an underwriter to deal fairly at all times with both municipal issuers and investors.

The underwriter’s primary role is to purchase the Bonds with a view to distribution in an arm’s-length commercial transaction with the Issuer. The underwriter has financial and other interests that differ from those of the Issuer.

Unlike a municipal advisor, the underwriter does not have a fiduciary duty to the Issuer under the federal securities laws and is, therefore, not required by federal law to act in the best interests of the Issuer without regard to its own financial or other interests.

The underwriter has a duty to purchase the Bonds from the Issuer at a fair and reasonable price, but must balance that duty with its duty to sell the Bonds to investors at prices that are fair and reasonable.

1 MSRB Interpretive Notice Concerning the Application of MSRB Rule G-17 to Underwriters of Municipal Securities (August 2, 2012).
2 Guidance on the Prohibition on Underwriting Issues of Municipal Securities for Which a Financial Advisory Relationship Exists Under Rule G-23 (November 27, 2011).

The underwriter will review the official statement for the Bonds in accordance with, and as part of, its responsibilities to investors under the federal securities laws, as applied to the facts and circumstances of this transaction.3

Disclosures Concerning the Underwriter’s Compensation

The underwriter will be compensated either by a fee or an underwriting discount that will be set forth in the bond purchase agreement to be negotiated and entered into in connection with the issuance of the Bonds. Payment or receipt of the underwriting fee or discount will be contingent on the closing of the transaction; the amount of the fee or discount may be based, in whole or in part, on a percentage of the principal amount of the Bonds. While this form of compensation is customary in the municipal securities market, it presents a conflict of interest since the underwriter may have an incentive to recommend a transaction that is larger than necessary and/or recommend a transaction that is unnecessary.

Additional Conflicts Disclosure

From time to time, Jefferies, its officers, directors and employees may invest in and trade your securities.

Jefferies has not identified any additional potential or actual material conflicts concerning Jefferies’ participation in this transaction that require disclosure.

Jefferies has entered into a distribution agreement with 280 Securities LLC (“280 Securities”) for the retail distribution of municipal securities. Pursuant to the agreement, if Jefferies sells Bonds to 280 Securities, it will share a portion of its selling concession compensation with 280 Securities.

If you or any other officials of the Issuer have any questions or concerns about these disclosures, please make those questions or concerns known immediately to the undersigned. In addition, the Issuer should consult with its own financial and/or municipal, legal, accounting, tax and other advisors, as applicable, to the extent it deems appropriate.

It is our understanding that you have the authority to bind the Issuer by contract with us, and that you are not a party to any conflict of interest relating to the subject transaction. If our understanding is incorrect, please notify the undersigned immediately. Under MSRB rules, we are required to seek your acknowledgement that you have received this letter. Accordingly, please send me an e-mail to that effect, or sign and return the enclosed copy of this letter to me at the address set forth above.

We look forward to working with you and the Issuer in connection with the issuance of the Bonds. Thank you.

Sincerely,

Michael Baldwin Sr. Vice President Jefferies LLC

3 Under federal securities law, an issuer of securities has the primary responsibility for disclosure for investors. The review of the official statement by the underwriter is solely for purposes of satisfying the underwriter’s obligations under the federal securities laws and such review should not be construed by the Issuer as a guarantee of the accuracy or completeness of the information in the official statement.

Acknowledgement:

Jonathan Paul, Chairman
Celebration Pointe Community Development District No. 1 Date:  	

CELEBRATION POINTE COMMUNITY DEVELOPMENT DISTRICT NO. 1

Bond Counsel Agreement

March 11, 2021

VIA E-MAIL

Mark.watts@cobbcole.com

Celebration Pointe Community Development District No. 1 c/o Mark Watts, Esq.

Re: Agreement for Bond Counsel Services

Dear Mr. Watts:

As requested, this letter will confirm the terms on which Watson Sloane PLLC (the “Firm”) has agreed to be engaged to serve as bond counsel to Celebration Pointe Community Development District No.1 (the “District”) for a revenue bond financing of the District (the “Debt”) to finance certain facilities of the District located in Alachua County, Florida.
This letter sets forth generally our understanding of what legal services we will continue to perform as bond counsel for the District and the basis for our compensation.
As Bond Counsel we agree to:
Attend as requested applicable meetings related to the issuance of the Debt.
Prepare appropriate resolutions and any amendments thereto authorizing the issuance of the Debt.
Advise as to procedures, required approvals and filings, schedule of events for timely issuance, and other legal matters relative to issuance of the Debt.
Prepare (or review when prepared by others) closing documents necessary in connection with the sale and issuance of the Debt, including but not limited to, certified copies of all minutes, ordinances, resolutions and orders; certificates such as officer’s seal, incumbency, signatures, no prior pledge, arbitrage and others; and verifications, consents and opinions from accountants, engineers, special consultants and attorneys.
Prepare bound closing transcripts including all closing documents relating to the issuance of the Debt.
Prepare and file the necessary forms with the Internal Revenue Service (FORM 8038) and the Florida Division of Bond Finance.
Prepare and deliver at closing a standard, comprehensive approving legal opinion which will, among other things, contain opinions as to the validity and enforceability of the Debt, the

security for the Debt and the excludability from gross income of the interest on the Debt for federal income tax purposes (subject to certain exceptions generally accepted in the industry) for the tax-exempt portions of the Debt. In rendering the tax opinion, we will provide general instructions for compliance with the federal rebate laws. We also may engage other subconsultants, including special tax counsel, as we deem necessary and appropriate.
Supervise and coordinate the closing of the Debt.
For performing the above-described services, we estimate our fees and expenses not to exceed
$80,000.00. Such fees and expenses will be payable at the time of issuance of the Debt. If for some reason the issuance of the Debt does not close, we will compute our fees and bill the District based on the amounts expended to date, but in no event will exceed $80,000.00.
The District authorizes, but does not require, Watson Sloane PLLC to communicate with the District and its officers and principals via unencrypted e-mail.
If the foregoing correctly reflects your understanding of the terms and conditions of Watson Sloane’s engagement, please execute this letter in the space provided below and return the executed original to us. A copy of this executed letter should be kept for the District’s records.
If you should have any questions or wish to discuss this, please feel free to call me at 407-622-
6751.

Very truly yours,

WATSON SLOANE PLLC
Brian A. Watson, Esq.

The undersigned client hereby agrees to the terms and conditions stated in the foregoing letter for the engagement of Watson Sloane PLLC to perform services in connection with the matters described herein this           day of	, 2021.

CELEBRATION POINTE COMMUNITY DEVELOPMENT DISTRICT No. 1

By:	 Name:	 Title: 	

CELEBRATION POINTE COMMUNITY DEVELOPMENT DISTRICT NO. 1

District Engineer Fee Agreement

www.etminc.com tel 904-642-8990 • fax 904-646-9485
14775 Old St. Augustine Road• Jacksonville, Florida 32258

February 17, 2021
,.
Celebration Pointe Community Development District Board of Supervisors
2579 SW 87th Drive Gainesville, FL 32608

Reference:	Celebration Pointe Community Development District - Supplemental Engineer Report Related to 2021 Bond Issuance
ET&M No. E14-129-08

Dear Gentlemen:

Pursuant to your request, England, Thims & Miller, Inc. is pleased to submit a fee proposal for professional services related to the preparation of the Supplemental Engineering Report for the proposed improvements and reimbursements with the 2021 Series Bonds. Services shall include, but not be limited to:

Attending Meetings/Calls with Consultants and District Staff
Develop preliminary engineering required to identify plan impacts and cost
Preparation of Cost Estimates for each planned improvement
Review the validity of Public purpose for reimbursement
Develop written description of Plan
Prepare Draft Report
Prepare Final Report
Provide expert testimony, as required

FEE	HOURLY
(ESTIMATED Fee - $30,000.00)

Cost such as final printing, telephone, delivery service, mileage and travel shall be invoiced at direct costs.

•	•

Englancl- ffihlml,& m111ar,.Inc.

ENGINEERS• PLANNERS• SURVEYORS• GIS • tANIDSGAEE ARCHITECTS
Jaci<sonvllle • Palm Boast• Eske Ma!Y
Ci/\-00002584 LCSll000316

Board of Supervisors
Cel ebration !Pointe Community Development District

February 17, 2021
Page 4

Re fe rence :	Celebration Pointe Community Development District

Please indicate your agreement with this proposal by signing in the space provided and return one copy to our off ice.

If you should have any questions or require additional information, please call. Thank you for this opportunity to be of professional service.

Sinc erely,

K.T. Peter Ma, P.E.
Executive Vice President, Shareholder

Board of su'pervisors
Celebration Pointe Community Development District

February 17, 2021
Page 2

Reference:	Celebration Pointe Community Development District

ENGLAND-THIMS & MILLER, INC. HOURLY FEE SCHEDULE
Principal	CEO/CSO/President	$265.00/Hr.

Principal - Vice President	$245.00/Hr.

Senior Engineer	$195.00/Hr.

Engineer	$157.00/Hr.
Project Manager	$180.00/Hr.
Assistant Project Manager	$147.00/Hr.
Senior Planner	$182.00/Hr.
Planner	$149.00/Hr.
CEI Project Manager	$165.00/Hr.
CEI Senior lnspector	$148.00/Hr.
CEI Inspector	$120.00/Hr.
Senior Landscape Architect	$168.00/Hr.
Landscape Architect	$150.00/Hr.
Senior Graphics Technician	$149.00/Hr.

GIS Programmer	$160.00/Hr.
GIS Analyst	$133.00/Hr.
Senior Engineering Designer/ Senior LA Designer	$1Sl.00/Hr.

Engineering/Landscape Designer	$131.00/Hr.
CADD/GIS Technician	$121.00/Hr.
Administrative Support	$84.00/Hr.
Accountant	$102.00/Hr.

Board of Supervisors
Celebration .Pointe Community Development District

February 17, 2021
Page 3

Reference:	Celebration Pointe Community Development District
GENERAL CONDITIONS

PAYMENT TERMS - Payment is due upon receipt of our invoice.   If payment is not received within thirty days from the invoice date, Client agrees to pay a finance charge on the principal amount of the past due account of one and ·one-half percent per month. If one and one-half percent per rflonth exceeds the maximum allqwed by law; the charge shall automatically be reduced to the maximum legally allowable.

In the event Client requests termination of the services priorto completion, the Client shall pay all outstanding invoices and all charges Incurred between the issuance of the latest invoice through the date services are stopped plus anyshutdown costs. If during the execution of the services, England, Thims & Miller, Inc. {ETM) ls required to stop operations as a result of changes in the scope of services such as requests by the Client or requirements of third parties, additional charges will be applicable.

ETM will issue monthly invoices. For Lump Sum work, the invoice will reflect the percentage complete for each contract task item. For hourly services, tl1e invoice will reflect the hours worked times the stnndard hourly billing rates as shown on Attachment A, (incorporated herein by reference). ETM's standard hourly billing rates are reevaluated annually prior to tl1e beginning of the calendar year and subject to an increase not to exceed five (5) percent per year.

INSURANCE - ETM maintains Workers' Compensation and Employer's Liability Insurance in conformance with applicable state law. In addition, we maintain Comprehensive General Liability Insurance and Automobile Liability Insurance with bodily injury and property damage limits of
$1,000,000. A certificate of insurahce can be supplied evidencing such coverage which contains a clause providing that ten days written notice be given prior to cancellation.

Cost of the above coverage is inclu ed in our quoted fees. If additional coverage or increased limits of liability are required, ETM will endeavor to obtain the requested insurance and charge separately for costs associated with additional coverage or increased llmlts.

STANDARD OF CARE# The only warranty or guarantee made by ETM in connection with the services performed hereunder, is that we Will use that degree of care and skill ordinarily exercised under similar conditions by reputable members of our profession practicing in the same or similar locality. No other warranty, expressed or implied, is made or intended by our proposal for consulting services or by our furnishing oral or written reports.

PERMITTING/ZONING • The Client is herein notified that several City, State and Federal environmental, zoning and regulatory permits may be required for this project. ETM will assist the Client in preparing these permits at the Client1s direction. However, the Client acknowledges that it has the responsibility for submitting, obtaining and abiding by all required permits. Furthermore, the Client holds ETM harmless from any losses or liabilities resulting from such permitting or regulatory action.

LIMITATION OF LIABILITY - To the·rullest extent permitted by law, and notwithstanding any other provision of this Agreement, the total liability, In the aggregate, of England, Thims & Miller, Inc. and its officers, directors, partners, einployees, agents and subconsultants, and any of them, to the Client and anyone claiming by, through or under the Client, for any and all claims, losses, costs or damages of any nature whatsoever arising outof, resulting from or in anyway related tothe Project or the Agreement from any cause or causes, including but not limited to the negligence, professional errors or omissions1  strict liability, breach of contract or warranty, express or implied, of ETM and its officers, directors, employees, agents or subconsultants, or any of them, shall not exceed the total compensation received by ETM under this Agreement, or the total amount of $50,000.00, whichever is less.

If Client prefers to have higher limits on professional liability, ETM agrees to increase the limits upto a maximum of $500,000 upon Clients written request at the time of accepting this proposal provided that the Client agrees to pay an a ditional charge as a result of such increase.

SALES TAX The purchaser of the services described herein shall pay any applicable state sales tax in the manner and in the amount as required by law.

OWNERSHIP OF DOCUMENTS -All documents, including, but not limited to drawings, specifications, reports, boring logs, field notes, laboratory test data, calculations and estimates, prepared by ETM as instruments of ser9ice pursuant to this Agreement, shall be the sole property of ETM. Client agrees that all documents of any nature furnished to Client or Client's agents or designees, if not paid for, will be returned upon demand and will not be used by Client for any purpose whatsoever. Client further agrees that under no circumstances shall any documents produced by ETM, pursuant to this Agreement be used at any location or for any project not expressly provided for In this Agreement without the written permission of ETM, and ETM will provide Client with copies of documents created in the performance of the work for a period not exceeding five years following submission of the final plans and specifications contemplated by this Agreement.

SAFETY Should ETM provide periodic observations or monitoring services at the jobsite during construction, Client agrees that, in accordance with generally accepted construction practices, the contractor will besolely and completely responsible for working conditions on the job site, including safety of all persons and property during the performance of the work and compliance with OSHA regulations, and that these requirements will apply continuously and not be limited to normal working hours. Any monitoring of the contractor's procedures conducted by ETM is not intended to include review of the adequacy of the contractor's safety measures In, on, adjacent to, or near the construction site.

INDEMNIFICATION - In addition, and notwithstanding any other provisions of this Agreement, the Client agrees, to the fullest extent permitted by law, to indemnify and hold harmless ETM and its directors, employees, agents and subconsultants from and against all damage, liability or cost, Including reasonable attorneys' fees and defense costs1  arising out of orin anyway connected with this projectortheperformance by any of the parties above named of the services under this Agreement, excepting only those damages, liabilities or costs attributable to the sole negligence or willful misconduct of ETM
PURSUANT TO FLORIDA STATUTES SECTION 558.0035(2013), AN INDIVIDUAL EMPLOYEE OR AGENT MAY NOT BE HELD INDIVIDUALLY LIABLE FOR NEGLIGENCE.
MUTUAL WAIVER OF CONSEQUENTIAL DAMAGES-In no event shall either party hereunder be liable to the other party for punitive 1 speculative, consequential or speclal damages of any kind.

CONTMCT ADMINISTMTION • Client agrees that ETM will not be expected to make exhaustive or continuous on site inspections but t at periodic observations appropriate to the construction stage shall be performed, It ls further agreed that ETM will not assume responsibility for the contractor's means methods, techniques, sequences or procedures of construction and it is understood that field services provided by ETM will not relieve the contractor of his responsibllltlesfor performing the work in accordance with the plans and specifications. The words 11supervi sion", 11in spection1\    or "control", are used to mean periodic observation of the work by ETM to verify substantial compliance with the plans, specifications and design concepts.
Continuous inspections byour employees do not mean that ETM is observing placement of fil!materials. Full­ time inspection means that an employee of l:TM has been assigned for eight-hour days during regular
business hours.

Construction Inspection and monitoring services which exceed 40 hours per week for one individual shall be Invoiced at 150% of the standard billing rate.

ASSIGNABILITY • Client and ETM, respectively bind themselves, their successors and assigns to the other party to this Agreement and to the successors and assigns of such other part with respect to all covenants of this Agreement.  Neither Client nor ETM shall assign this Agreement without the prior written consent of the
, other part.

SEVERABILITY AND SURVIVAL - If any of the provisions contained in this AGREEMENT are held invalid, illegal, or unenforceable, 'such invalidity, illegality or unenforceability will not affect any other provision, and this AGREEMENT will be construed as if such invalid, illegal, or unenforceable provision had never been contained herein.

GOVERNING LAW - This agreement shall be governed in all respects by the laws of the State of Florida.

COST OPINIONS Any cost opinions or Project economic evaluations provided by ETM will be on a basis of experience and judgment, but, since it has no control over market conditions or bldding procedures, ETM cannot warrant·that bids, cost estimates, ultimate construction cost, or Project economics will not vary from these opinions.

INTEGRATION M This Agreement represents the entire and integrated Agreement between Client and ETM and supersedes all prior negotiations, representationsor Agreements, either written ororal. This Agreement may be amended only by written Instrument signed by both parties.

UMrTATIONS ON CAUSES OF ACTION-Causes of action between the parties to this Agreement pertaining to acts or failures to act shall be deemed to have occurred and the applicable statutes of limitations shall commence to run not later than {i} the date of substantial completion for acts or failures to act occurring prior to substantial completion of our engineering services pursuant to this Agreement; or (ii) the date of issuance of our final invoice for acts orfailure to act occurring after substantial completion of our engineering services pursuant to this Agreement.

THIRD PARTY BENEFICIARY - Nothing contained in this Agreement shall create a contractual relationship with or a cause of action in favor of a third party against either Client or ETM,

CELEBRATION POINTE COMMUNITY DEVELOPMENT DISTRICT NO. 1

Trustee Agreement

Global Corporate Trust Services 500 West Cypress Creek Road Suite 460
Fort Lauderdale, Florida 33309

March 16, 2021

Celebration Pointe Community Development District No 1 c/o PFM
12051 Corporate Blvd.
Orlando, Fl 32817

Re:	Celebration Pointe Community Development District No 1 Special Assessment Revenue Bonds Series 2021

As requested, we are pleased to offer the following fee structure for the above referenced issue:

Acceptance Fee	$1,975	
Closing Expenses	$300 (Est., Florida Closing)	
Trustee, Paying Agent, Registrar		
and Transfer Agent	$3,750	
Ongoing Out-of-Pocket Expenses	7.50% of Annual Fees	
Trustee Counsel	$6,250	

This proposal and the fees detailed herein are subject in all aspects to U.S. Bank’s review and acceptance of the final financing documents which set forth our duties and responsibilities. Any unexpected or extraordinary services, duties and/or responsibilities will be reasonably billed in addition to the amounts identified herein. Extraordinary services are responses to requests, inquiries or developments, or the carrying out of duties or responsibilities of an unusual nature, including termination, which may or may not be provided for in the governing documents, and are not routine or undertaken in the ordinary course of business. Payment of fees for extraordinary services is appropriate where particular requests, inquiries or developments are unexpected, even if the possibility of such things could have been foreseen at the inception of the transaction. This would include but is not limited to document amendments and substitutions, mandatory tenders, optional redemptions, UCC filings, investment agreements, outside held money market funds, default administration, travel expense (if any outside the city), etc. At our option, these charges will be billed at a flat fee or at our hourly rate then in effect.  Fees are subject to change at our discretion and upon written notice. Fees paid in advance
will not be prorated. Finalization of the transaction and payment of the fees set forth herein constitutes agreement to the above fee schedule, including agreement to any subsequent changes upon proper written notice. In the event this transaction is not finalized, any related out-of-pocket expenses may be billed to you directly.

The above fees and expenses would be paid in advance. Thank you for the opportunity to provide our services to the District. Please do not hesitate to contact me at 954.938.2475 if you have any questions or if you need any additional information.

Sincerely,

Amanda Kumar
Amanda Kumar Vice President

IMPORTANT INFORMATION ABOUT PROCEDURES FOR OPENING A NEW ACCOUNT:
To help the government fight the funding of terrorism and money laundering activities, Federal law requires all financial institutions to obtain, verify and record information that identifies each person who opens an account. For a non-individual person such as a business entity, a charity, a Trust or other legal entity we will ask for documentation to verify its formation and existence as a legal entity. We may also ask to see financial statements, licenses, identification and authorization documents from individuals claiming authority to represent the entity or other relevant documentation.

U.S. Bank Global Corporate Trust Services

CELEBRATION POINTE COMMUNITY DEVELOPMENT DISTRICT NO. 1

Certificate of Consulting Engineer Certifying the Series 2014 Project

CELEBRATION POINTE COMMUNITY DEVELOPMENT DISTRICT NO. 1 CERTIFICATE OF CONSULTING ENGINEER
CERTIFYING THE SERIES 2014 PROJECT COMPLETE

STATE OF FLORIDA	)
)
COUNTY OF ALACHUA)

BEFORE ME, the undersigned, personally appeared K.T. Peter Ma, P.E., of England,

Thims & Miller, who, after first being duly sworn, deposes and says:

I, K.T. Peter Ma, am a Professional Engineer, No. 46661, registered in the State of

Florida.   I have reviewed certain documentation including, but not limited to, the Celebration

Pointe Community Development District No. 1's   (the "District") Amended and Restated

Engineer's Report (May 3, 2017), (the "Engineer's Report"), and other documents related to

the infrastructure improvements intended to be funded by the Celebration Pointe Community

Development District No. 1 (Alachua County, Florida) $33,730,000 Special Assessment

Bonds, Series 2014 (the "Series 2014 Bonds").	A copy of the Engineer's Report, which

identifies and describes the components of the project financed with the Series 2014 Bonds

(the "Series 2014 Project"), is attached to this Certification as Exhibit A.

To the best of my knowledge and belief and in my professional opinion, in accordance

with Section 5.01 of the Master Trust Indenture between the District and US Bank National

Association, dated December 1, 2014 (the "Trust Indenture"), the Series 2014 Project has

been completed.	With this document, I hereby certify the Series 2014 Project complete.

The sum of	.zero	_

(	0.00	) must be retained by the District for payment of the

remaining costs of the Series 201 Project as authorized pursuant to Section 5.01 of the Trust

Indenture.	The remaining costs of the Series 2014 Project  to be paid for by the retained

monies are contained in Exhibit B.

FURTHER AFFIANT SAYETH NOT.

ENGLAND, THIMS, & MILLER, INC.

K.T. Peter Ma, P.E.

STATE OF FLORIDA

COUNTY OF DUVAL

The	foregoing	instrument	was	acknowledged	before	me	this	fl'\ day	of

NOJ yV\Yltj	, 2020, by K.T. Peter Ma, P.E., of England, Thims and Miller, inc., who LX] is personally known to me or	] who has produced _ _ _ _ _ _ _ _	as identification

and did take an oath.

NOTARY PUBLIC

Print Name: fuo ultOch<:)
Notary Public, State of Florida

ALEX JACOBS
Notary Public, State of Florida My Comm. Expires 02/19/21 Commission No. GG74208

Commission  No.:   &6:1--t.f';).0
My  Commission  Expires:	Q""L/\q (M

CELEBRATION POINTE COMMUNITY DEVELOPMENT DISTRICT NO. 1

Funding Request Nos. 100 – 106

Funding Request No. 100	
10/22/2020	

Item	Payee	Invoice No.	General Fund FY20		General Fund FY21	

1	VGlobalTech
Quarterly Website Audit	1747	$	300.00

$	300.00	$0.00

TOTAL:	$300.00

Assistant Secretary/Secretary	Chairman/Vice Chairman

Funding Request No. 101	
10/29/2020	

Item	Payee	Invoice	General		General	
No.			Fund FY20		Fund FY21	

1	The Gainesville Sun
Legal Advertising on 10/13/2020	A000973738	$149.64

$	-	$149.64

TOTAL:	$149.64

Assistant Secretary/Secretary	Chairman/Vice Chairman

Funding Request No. 102	
11/13/2020	

Item	Payee	Invoice	General		General	
No.			Fund FY20		Fund FY21	

Cobb Cole
District Counsel thru 09/31/20	2567	$841.00

GRU (Paid online)
Acct: 2000-5613-5180 water 10/01/20-10/31/20	--	$230.41

$	-	$1,071.41

TOTAL:	$1,071.41

Assistant Secretary/Secretary	Chairman/Vice Chairman

Funding Request No. 103
11/23/2020

Item	Payee	Invoice	General	General	
No.			Fund FY20	Fund FY21	

1	
PFM Group Consulting
Reamortization Services: S2004 & S2017 District Management Fee: Nov. 2020 FedEx/Postage: Oct. 2020					
		112396
DM-11-2020-0048 OE-EXP-11-09	$	250.00		
				$
$	2,500.00
8.26	
2	VGlobalTech					
	Monthly Website Fee: Nov. 2020	2081		$	100.00	

$	250.00	$	2,608.26

TOTAL:	$2,858.26

Assistant Secretary/Secretary	Chairman/Vice Chairman

1	VGlobalTech
Monthly Website Fee: Dec. 2020	2153	$	100.00

$	-	$	100.00

TOTAL:	$100.00

Assistant Secretary/Secretary	Chairman/Vice Chairman

1	GRU (Paid online)
Acct: 2000-5613-5180 water 11/01/20-11/30/20	--	$	230.41

$	230.41

TOTAL:	$230.41

Assistant Secretary/Secretary	Chairman/Vice Chairman

1	PFM Group Consulting
District Management Fee: Dec. 2020	DM-12-2020-0010	$	2,500.00

$	2,500.00

TOTAL:	$2,500.00

Assistant Secretary/Secretary	Chairman/Vice Chairman

CELEBRATION POINTE COMMUNITY DEVELOPMENT DISTRICT NO. 1

Funding Request Nos. 107 – 114

12/30/2020

Item	Payee	Invoice	General
No.	Fund FY21

1	PFM Group Consulting
FedEx/Postage: Nov. 2020	OE-EXP-12-10	$	1.00

$	1.00

TOTAL:	$1.00

Assistant Secretary/Secretary	Chairman/Vice Chairman

1/11/2021

Item	Payee	Invoice	General
No.	Fund FY21

Carr, Riggs & Ingram
Audit FYE 2020	17047822	$	1,250.00

GRU
Acct: 2000-5613-5180 water 11/20/20-12/21/20	--	$	230.41

$	1,480.41

TOTAL:	$1,480.41

Assistant Secretary/Secretary	Chairman/Vice Chairman

1/15/2021

Item	Payee	Invoice	General	
No.			Fund FY21	

1	
Cobb Cole
District Counsel thru 12/23/2020				
		5177	$	350.00	
2	VGlobalTech
Quarterly ADA Audit: October-December Monthly Website Fee: Jan. 2021				
		2250
2283	$
$	300.00
100.00	
					
	TOTAL:		$750.00	

Assistant Secretary/Secretary	Chairman/Vice Chairman

1/27/2021

Item	Payee	Invoice	General	
No.			Fund FY21	

1	
PFM Group Consulting				
	District Management Fee: Jan. 2021 FedEx/Postage: Dec. 2020	DM-01-2021-0010 OE-EXP-01-09	$
$	2,500.00
10.28	
					
		TOTAL:	$2,510.28	

Assistant Secretary/Secretary	Chairman/Vice Chairman

2/4/2021

Item	Payee	Invoice	General
No.	Fund FY21

1	
Carr, Riggs & Ingram
Audit FY 2020				
		17058020	$	1,000.00	
2	Digital Assurance Certification, LLC
Dissemination Fee FY 2021				
		51034	$	3,000.00	
3	GRU
3300 SW 42ND WAY; 12/22/20-01/22/21				
		Acct: 2000-5613-5180	$	230.41	
4	US Bank
Trustee Services 01/01/2021-12/31/2021			
		6012031	$ 12,445.13	
				
		TOTAL:	$16,675.54	

Assistant Secretary/Secretary	Chairman/Vice Chairman

2/11/2021

Item	Payee	Invoice	General	
No.			Fund FY21	

1	
Cobb Cole
District Counsel thru 01/31/2021				
		5956	$	352.50	
2	PFM Group Consulting
FedEx/Postage: January 2021				
		OE-EXP-02-10	$	13.95	
3	VGlobalTech
Monthly Website Fee: February 2021				
		2359	$	100.00	
					
		TOTAL:	$466.45	

Assistant Secretary/Secretary	Chairman/Vice Chairman

2/18/2021

Item
No.	Payee	Invoice	General
Fund FY21	

1	
PFM Group Consulting
District Management Fee: February 2021	

DM-02-2021-0010	

$	

2,500.00	
					
		TOTAL:	$	2,500.00	

Assistant Secretary/Secretary	Chairman/Vice Chairman

3/4/2021

Item	Payee	Invoice	General
No.	Fund FY21

1	
Carr, Riggs & Ingram
Audit FY 2020				
		17076738	$	2,000.00	
2	The Gainesville Sun
Finance Charge				
		31397173	$	2.24	
3	GRU
3300 SW 42ND WAY; 01/23/21-02/22/21				
		Acct: 2000-5613-5180	$	230.41	
4	VGlobalTech
Monthly Website Fee: March 2021				
		2436	$	100.00	
					
		TOTAL:	$	2,332.65	

Assistant Secretary/Secretary	Chairman/Vice Chairman

CELEBRATION POINTE COMMUNITY DEVELOPMENT DISTRICT NO. 1

District’s Financial Position

General Fund

Series 2017 Construction

Series 2014 Debt	Series 2017 Debt		Series 2014	
Service Fund	Service Fund		Construction	
			Fund	
Assets				

$1,985,925.01				
15,715.80				
11,952.43				
	$1,795,227.14			
	14,172.56			
	8,224.40			
			$312,178.83	
$2,013,593.24	$1,817,624.10		$312,178.83	
$0.00	$0.00		$0.00	
$2,013,593.24	$1,817,624.10		$312,178.83	

Liabilities and Net Assets	
$0.00	$0.00		$0.00	
$0.00	$0.00		$0.00	

Long Term Debt
Group		Total	

$0.00		

$71,283.78 40,916.72
3,111.28
1,985,925.01
15,715.80
11,952.43
1,795,227.14
14,172.56
8,224.40
312,178.83
51,045.24
158,129.62
$4,467,882.81	

$3,831,217.34 53,863,782.66
$57,695,000.00		
$3,831,217.34 53,863,782.66
$57,695,000.00	
$57,695,000.00		$62,162,882.81	

$0.00		

$39,589.67 40,916.72
$80,506.39	

$57,695,000.00
$57,695,000.00		
$57,695,000.00
$57,695,000.00	

Fund

Current Assets
General Checking Account
Accounts Receivable - Due from Developer Prepaid Expenses
Debt Service Reserve Series 2014 Revenue Series 2014
Prepayment Series 2014
Debt Service Reserve Series 2017 Revenue Series 2017
Prepayment Series 2017 Deferred Cost Series 2014
Acquisition/Construction Series 2017 Deferred Cost Series 2017
Total Current Assets

Investments
Amount Available in Debt Service Funds Amount To Be Provided
Total Investments

Total Assets

Current Liabilities Accounts Payable Deferred Revenue
Total Current Liabilities

Long Term Liabilities
Revenue Bonds Payable - Long-Term Total Long Term Liabilities

$71,283.78 40,916.72
3,111.28

 	
$115,311.78

 	
$115,311.78

$39,589.67 40,916.72

$80,506.39

$51,045.24 158,129.62

$209,174.86

 	 	
$0.00

$209,174.86

 	 	
$0.00

 	 	
$0.00

Total Liabilities	General Fund

$80,506.39		Series 2014 Debt Service Fund

$0.00		Series 2017 Debt Service Fund

$0.00		Series 2014 Construction
Fund

$0.00		Series 2017 Construction
Fund

$0.00		Long Term Debt
Group

$57,695,000.00		Total

$57,775,506.39	

Net Assets
Fund Balance - Unreserved Net Assets, Unrestricted
Net Assets - General Government
Current Year Net Assets - General Government

Net Assets, Unrestricted
Current Year Net Assets, Unrestricted

Net Assets - General Government Net Assets, Unrestricted
Current Year Net Assets, Unrestricted

Net Assets, Unrestricted
Current Year Net Assets, Unrestricted

Net Assets - General Government Net Assets, Unrestricted
Current Year Net Assets, Unrestricted

Net Assets - General Government
Current Year Net Assets - General Government

Total Net Assets

Total Liabilities and Net Assets	

$79,736.58 (4,253.26)
(4,970.81)
(35,707.12)

$34,805.39

$115,311.78		

$2,007,364.07
6,225.22

3.95

$2,013,593.24

$2,013,593.24		

$1,813,910.13
3,713.97

$1,817,624.10

$1,817,624.10		

$337,211.04
(32.21)

(25,000.00)

$312,178.83

$312,178.83		

$235,107.06
37.58

(25,973.31)
3.53

$209,174.86

$209,174.86		

$0.00

$57,695,000.00		

$79,736.58 (4,253.26)
(4,970.81)
(35,707.12)

2,007,364.07
6,225.22

3.95
1,813,910.13
3,713.97

337,211.04
(32.21)

(25,000.00)
235,107.06
37.58

(25,973.31)
3.53

$4,387,376.42

$62,162,882.81	

Revenues

Celebration Pointe CDD No. 1
Statement of Activities As of 2/28/2021

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			

Developer Contributions	$18,672.67												$18,672.67	
Off-Roll Assessments			$751,020.47										751,020.47	
Other Assessments			7,902.57										7,902.57	
Inter-Fund Group Transfers In			37.46										37.46	
Off-Roll Assessments					$689,403.77								689,403.77	
Other Assessments					6,842.46								6,842.46	
Inter-Fund Group Transfers In					(37.58)								(37.58)	
Inter-Fund Transfers In							($37.46)						(37.46)	
Inter-Fund Transfers In									$37.58				37.58	
Total Revenues	$18,672.67		$758,960.50		$696,208.65		($37.46)		$37.58		$0.00		$1,473,841.94	

Expenses

Insurance	$2,717.00												$2,717.00	
Trustee Services	20,236.52												20,236.52	
Management	12,500.00												12,500.00	
Dissemination Agent	3,000.00												3,000.00	
District Counsel	1,543.50												1,543.50	
Assessment Administration	5,000.00												5,000.00	
Audit	2,250.00												2,250.00	
Postage & Shipping	33.49												33.49	
Legal Advertising	149.64												149.64	
Web Site Maintenance	800.00												800.00	
Dues, Licenses, and Fees	175.00												175.00	
Water	921.64												921.64	
General Insurance	3,421.00												3,421.00	
Property & Casualty	1,632.00												1,632.00	
Interest Payments - Series 2014			$752,768.75										752,768.75	
Interest Payments - Series 2017					$692,525.00								692,525.00	
Total Expenses	$54,379.79		$752,768.75		$692,525.00		$0.00		$0.00		$0.00		$1,499,673.54	

Other Revenues (Expenses) & Gains (Losses)

Interest Income			$33.47										$33.47	
Interest Income					$30.32								30.32	
Interest Income							$5.25						5.25	
Interest Income									$3.53				3.53	
Total Other Revenues (Expenses) & Gains (Losses)	$0.00		$33.47		$30.32		$5.25		$3.53		$0.00		$72.57	
Change In Net Assets	($35,707.12)		$6,225.22		$3,713.97		($32.21)		$41.11		$0.00		($25,759.03)	

Net Assets At Beginning Of Year	
$70,512.51		
$2,007,368.02		
$1,813,910.13		
$312,211.04		
$209,133.75		
$0.00		
$4,413,135.45	

Net Assets At End Of Year	
$34,805.39		
$2,013,593.24		
$1,817,624.10		
$312,178.83		
$209,174.86		
$0.00		
$4,387,376.42	

Celebration Pointe CDD No. 1
Budget to Actual
For the period ending 2/28/2021

Actual	Year To Date
Budget			
Variance	Adopted Budget FY2021	

Revenues								
Developer Contributions	$	18,672.67	$	74,520.83		$	(55,848.16)	$ 178,850.00	
Net Revenues	$	18,672.67	
$	74,520.83		$	(55,848.16)	
$ 178,850.00	
General & Administrative Expenses								
Engineering Fees	$	-	$	833.33		$	(833.33)	$	2,000.00	
Trustee Fees		20,236.52	10,416.67			9,819.85	25,000.00	
District Management Fees		12,500.00	12,500.00			-	30,000.00	
Assessment Administration		5,000.00	6,250.00			(1,250.00)	15,000.00	
Reamortization Fees		-	208.33			(208.33)	500.00	
District Counsel Fees		1,543.50	10,416.67			(8,873.17)	25,000.00	
Audit Fees		2,250.00	2,750.00			(500.00)	6,600.00	
Property Appraiser		-	31.25			(31.25)	75.00	
Bond Dissemination Agent		3,000.00	1,458.33			1,541.67	3,500.00	
Travel & Per Diem		-	416.67			(416.67)	1,000.00	
Conference Calls		-	20.83			(20.83)	50.00	
Mailing Expenses		33.49	208.33			(174.84)	500.00	
D&O Insurance		2,717.00	1,208.33			1,508.67	2,900.00	
General Insurance		3,421.00	1,500.00			1,921.00	3,600.00	
Property Insurance		1,632.00	1,414.58			217.42	3,395.00	
Printing & Binding		-	177.08			(177.08)	425.00	
Legal Advertising		149.64	2,083.33			(1,933.69)	5,000.00	
Miscellaneous (related to rental income)		-	6,250.00			(6,250.00)	15,000.00	
Dues, Licenses & Fees		175.00	127.08			47.92	305.00	
Property Taxes		-	3,500.00			(3,500.00)	8,400.00	
Electric		-	833.33			(833.33)	2,000.00	
Water		921.64	1,666.67			(745.03)	4,000.00	
Dumpster		-	916.67			(916.67)	2,200.00	
Hurricane Cleanup		-	4,166.67			(4,166.67)	10,000.00	
Website Maintenance		800.00	1,000.00			(200.00)	2,400.00	
Landscaping Maintenance & Material		-	4,166.67			(4,166.67)	10,000.00	
Total General & Administrative Expenses	$	54,379.79	

$	74,520.83		$	(20,141.04)	

$ 178,850.00	
Net Income (Loss)	$	(35,707.12)		$	-		$	(35,707.12)		$	-