ARBORWOOD COMMUNITY DEVELOPMENT
DISTRICT

LEE COUNTY REGULAR BOARD MEETING
FEBRUARY 18, 2019
9:00 A.M.

Special District Services, Inc.
27499 Riverview Center Boulevard, #253 Bonita Springs, FL 33134

www.arborwoodcdd.org 561.630.4922 Telephone 877.SDS.4922 Toll Free 561.630.4923 Facsimile

AGENDA
ARBORWOOD COMMUNITY DEVELOPMENT DISTRICT
Amenity Center Community Room Somerset at the Plantation
10401 Dartington Drive Fort Myers, Florida, 33913
REGULAR BOARD MEETING
February 18, 2019
9:00 a.m.

A.   Call to Order
B.	Proof of Publication……………………………………………………………………………………..Page 1
Establish Quorum
Additions or Deletions to Agenda
Comments from the Public for Items Not on the Agenda
Approval of Minutes
1. January 21, 2018 Regular Board Meeting.........................................................................................Page 2
Old Business
Update Regarding Street Lighting Project
Update on Brazilian Pepper Removal
New Business
Consider Approval of Proposal and Authorization to Re-Enter into Agreement with AIS
for Streetlight Maintenance...............................................................................................................Page 7
2. Consideration of Towercorp Lease Request......................................................................................Page 8
3. Consider Approval of Interlocal Agreement with Lee County for Tax Roll Processing..................Page 32
Administrative Matters
Manager’s Report
a.   Financials.................................................................................................................................Page 34
Engineer Report
Field Inspectors Report
Board Members Comments
Adjourn

Page 1

ARBORWOOD COMMUNITY DEVELOPMENT DISTRICT REGULAR BOARD MEETING
JANUARY 21, 2019

CALL TO ORDER

The January 21, 2019, Regular Board Meeting of the Arborwood Community Development District was called to order at 10:00 a.m. in the Amenity Center Community Room at Somerset at the Plantation located at 10401 Dartington Drive, Fort Myers, Florida 33913.

PROOF OF PUBLICATION

Proof of publication was presented that notice of the Regular Board Meeting had been published in the
Fort Myers News-Press on January 10, 2019, as legally required.

ESTABLISH A QUORUM

It was determined that the attendance of the following Supervisors constituted a quorum and it was in order to proceed with the meeting:

Chairman	Terry Hammond	Present	
Vice Chairman	John Hamilton	Present	
Supervisor	Lawrence Carr	Present	
Supervisor	Joan Pattison	Present	
Supervisor	Gary Franz	Present	

Staff members in attendance were:

District Manager	Kathleen Dailey	Special District Services, Inc.	
General Counsel	Wes Haber (via phone)	Hopping Green & Sams, P.A.	
District Engineer	Josh Evans	JR Evans Engineering	
Field Inspector	Bohdan Hirniak		

Others present were: Mike Myers of Passarella & Associates; David Caldwell, WCI Communities, LLC; and the following District residents: Jeff Gordish, Chris Anderson, Roger Bosworth, Ray Holter, Lonnie Lamb, Ed Thomas, Lynn Sullivan and Jack Aycock.

ADDITIONS OR DELETIONS TO THE AGENDA

Mr. Haber requested the addition of the Woods & Wetland Proposal under New Business.

Mr. Myers requested that he give an update on aquatic weed control under the Engineer’s Report. There was a Board consensus to add both items.
COMMENTS FROM THE PUBLIC FOR ITEMS NOT ON THE AGENDA

There were no comments from the public for items not on the agenda.

APPROVAL OF MINUTES
November 12, 2018, Regular Board Meeting

The November 12, 2018, Regular Board Meeting minutes were presented for approval.

Mrs. Pattison stated that the gavel was passed to her, not Mr. Hammond under Item K-2, 5th paragraph. Mr. Carr stated that his comments under Item H, 5th line, should read “Mr. Carr pointed out that Pulte appears to have planted in the easement.”

A motion was then made by Mr. Hamilton, seconded by Mr. Carr and passed unanimously approving the November 12, 2018, Regular Board Meeting minutes, as amended.

OLD BUSINESS
Update Regarding Street Lighting Project

Mr. Hammond stated that the District continues the challenge of working with the City, as it is a slow process to get to a level of comfort that they are going to take over the lights once the project has been completed. Mr. Evans stated that he had sent an email to the City Engineer who responded that the City intends to take over the lights once completed. Mr. Haber added that the final step would require City Council action. Mr. Evans explained that they have a land development code that states they will take it over. Ms. Dailey added that the written email of intent is the most staff can give before such action by the City Council. Mr. Evans added that a right-of-way permit will be needed and the contractor will need to submit for one. Mr. Haber noted that the District will need to enter into a contract with OnPower and it was the consensus of the Board to keep moving along on the project.

NEW BUSINESS
Consider Resolution No. 2019-01 – Adopting a Revised State Mutual Aid Agreement

Resolution No. 2019-01 was presented, entitled:

RESOLUTION 2019-01

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE ARBORWOOD COMMUNITY DEVELOPMENT DISTRICT APPROVING PROPOSED BUDGETS FOR FISCAL YEAR 2019/2020 AND SETTING A PUBLIC HEARING THEREON PURSUANT TO FLORIDA LAW; ADDRESSING TRANSMITTAL, POSTING AND PUBLICATION REQUIREMENTS; ADDRESSING SEVERABILITY; AND PROVIDING AN EFFECTIVE DATE.

Ms. Dailey went over the background and Mr. Haber explained that the agreement allows assistance from assigned parties to help each other in the event of an emergency.

A motion was made by Mr. Franz, seconded by Mr. Carr and passed unanimously to adopt Resolution No. 2019-01, as presented.

Consider Approval of Arborwood Preserve Phase 2B Plat

Mr. Caldwell presented the plat as the last one for Arborwood and indicated it would complete the development. Mr. Haber stated that this was similar to the requests made in the past and no true-up payment was due. Mr. Evans indicated he had reviewed the plat and everything is in proper form.

Discussion Regarding Brazilian Pepper Removal

Mr. Hammond stated he had asked Mr. Hirniak to do some research about the removal of Brazilian peppers along the edges of the golf course. He noted that it was difficult to tell whose property it belonged to where the plant is located so he does not know who is responsible for removal. Mr. Hirniak stated that he had identified quite a few locations where it was present and the majority is along the golf course property. Mr. Myers stated that Woods & Wetland maintains the conservation areas and Brazilian pepper is required to be removed. Mr. Evans indicated he could look at the ownership map at the various locations to determine responsibility. Mr. Hirniak also noted that he would speak with the golf course manager and bring back additional information to the board.

Discussion Regarding Somerset Fountains

Mr. Hammond stated that this was a request from Jeff Gordish. Mr. Gordish indicated he had received a second notice from Pulte requiring acceptance of ownership of the fountains by the end of the year. He added that it was a hurdle whether the CDD will accept Phases 3, 4 and 5 with the fountains and that he found an easement agreement from 2007. Mr. Haber opined that the CDD was willing to accept the ponds with no responsibility for the fountains, provided the HOA is willing to sign the same agreement that was proposed to Pulte. The Board can then decide if they are willing to enter the agreement with the HOA. Mr. Hammond asked if Somerset was prepared to enter into the same agreement and if the Board was willing to entertain entering into same with the HOA. It was the consensus of the Board to do so and Mr. Hammond asked that the Pulte agreement be provided to the HOA.

Discussion Regarding Somerset Effluent Water Issue

Mr. Franz stated he had requested that this be added to the agenda at Jeff Gordish’s request. Mr. Gordish noted he was raising the idea, as three years from now effluent irrigation lines will be coming down Treeline and the development will have to convert to that irrigation. He added that he had met with the City and it could cost up to $2 Million for the infrastructure and he hoped the CDD could help with the costs. Mr. Evans stated, in his experience, the project will be phased in and a full allocation of effluent will never be realized. Furthermore, it is not part of the CDD infrastructure plan or responsibility. Mr. Hammond opined that there is an awareness that the issue is out there, but the exposure is on the HOA side. Ed Thomas of Marina Bay added that Councilwoman Gail Anthony indicated that she is planning on getting all the communities together to discuss the issue.

(ADDED ITEM) - Woods & Wetlands Proposal

Mr. Meyers noted that the District had received a non-compliance notice for exotics in Parcel C. He went over the proposal from Woods & Wetlands, previously distributed to the Board, in the amount of
$5,400 to treat the exotics.  He also explained that this would bring the parcel into compliance.

A motion was made by Mr. Carr, seconded by Mrs. Pattison, and passed unanimously approving the Woods & Wetlands proposal to remove the exotics in Parcel C for the cost of $5,400, as presented.

ADMINISTRATIVE MATTERS
Manager’s Report

Financials – Ms. Dailey went over the financial information and Mr. Hammond explained a few of the larger expenses to date.

Ms. Dailey indicated that the next meeting was scheduled for February 18, 2019.

Engineer’s Report

Mr. Myers stated that Aquatic Weed Control finished the first of two treatments of the mitigation parcel. He noted he would be looking at the area on Wednesday and would report back to the Board.

Mr. Evans reported that the pipe jetting and vacuuming was scheduled for February 11, 2019, and there would be no obstructions to traffic.

Field Inspector Report

Mr. Hirniak stated that rainfall was 5 to 6 inches below normal and the lake levels had been slowly dropping. He indicated that the algae was almost gone. He further noted that he had looked over the lake bank trimming by the HOA and the appearance was good.

BOARD MEMBER COMMENTS

Mr. Hammond reminded the Board that the Bridgetown HOA was to provide reporting on their treatment of the lakes. Ray Holter, who was in the audience representing Bridgetown, stated that he would work on the issue.

Mr. Gordish asked about trimming the spikerush when low. Mr. Hirniak stated that Clarke sprays, it falls over and mats. He added that trimming would be expensive and ongoing, but he could talk to Clarke about doing it. Mr. Hammond stated that the District was not interested in doing more than the current contract calls for with Clarke.

Mr. Gordish reported that Mr. Evans had done a study of the ponds that included red areas that would be fixed. He asked what had been done. Mr. Evans responded that he had done that report last year and all the areas had been fixed. He further stated that the same study would be done again this year, around March or April.

ADJOURNMENT

There being no further business to come before the Board, a motion was made by Mrs. Pattison, seconded by Mr. Carr and passed unanimously to adjourn the Regular Board Meeting at 10:15 a.m.

 	
Secretary/Assistant Secretary	Chair/Vice-Chair

Page 7

ARBORWOOD CDD	January 16, 2019
Board of Supervisors
1060 MAITLAND CENTER CMNS #340
MAITLAND FL 32751

RE- Folio ID: 10582462 BRIDGETOWN CE, FORT MYERS FL 33913

Dear Board of Supervisors,

I work to resolve coverage issues for major wireless carriers in problem areas. The entire area in proximity of your property is besieged by resident complaints of poor coverage, lack of data speeds, dropped calls and concerns over E911 call completions. Several carriers have these issues

We are interested in leasing a 70 ft. by 70 ft. ground site and additional landscape rights surrounding the compound if required in the site plan review process.

We are willing to pay an annual rent rate of $14,400 paid in monthly payments to the CDD. The lease is a long-term lease of five years with nine five-year options to extend and the exact location can be mutually agreed upon on a site visit in the area as shown.

We will pay the rents above based on the minimum size of the parcel and will pay for all Federal approvals, State approvals and all County zoning costs and provide site plans and survey along with all costs necessary for the zoning and the building permitting process. When approved we will construct approximately a 140+- ft. stealth type monopole, either a Pine Tree or a flagpole at the preference of the Lee County staff and the CDD consent.

Attached is an information package showing the property we are interested in I noted above, sample tower photos and a ground lease sample for review.

Sincerely,

Charles A. Bernardo Jr. CCIM Site Acquisition Director

Stealth Pine Tree Example

Stealth Flagpole Example

Owner Of Record - Sole Owner
ARBORWOOD CDD c/o RICK WOODVILLE STE 340
1060 MAITLAND CENTER CMNS MAITLAND FL 32751
Site Address
BRIDGETOWN CE FORT MYERS FL 33913
Property Description
Do not use for legal documents!
BRIDGEWATER AT THE PLANTATION PHASE FOUR TRACT C-2 AS DESC IN INST 2017- 231904
Classification / DOR Code
VACANT GOVERNMENTAL / 80	[ Tax Map Viewer ]

[ Pictometry Aerial Viewer ]	

Current Working Va

Just	61,280
Attributes
Land Units Of Measure Units
Total Number of Buildings Total Bedrooms / Bathrooms Total Living Area
1st Year Building on Tax Roll Historic District	
lues

As Of	

07/16/2018

AC 61.28
0
0
0
N/A No	Image of Structure	

Property Data
STRAP: 12-45-25-P1-370C2.0000 Folio ID: 10582462

Property Value History

Tax Year	Just	Market Assessed	Capped Assessed	Taxable	
2018	61,280	61,280	61,280	0	

The Just value is the total parcel assessment (less any considerations for the cost of sale). This is the closest value to Fair Market Value we produce and is dated as of January 1st of the tax year in question (F.A.C. 12D-1.002).

The Market Assessed value is the total parcel assessment (less any considerations for the cost of sale) based upon the assessment standard. Most parcels are assessed based either upon the Highest and Best Use standard or the Present Use standard (F.S. 193.011) . For Agriculturally Classified parcels (or parts thereof), only agricultural uses are considered in

Exemption

the assessment (F.S. 193.461 (6) (a)). The difference between the Highest and Best Use/Present Use and the Agricultural Use is often referred to as the Agricultural	. (i.e. Market Assessed = Just - Agricultural Exemption)

The Capped Assessed value is the Market Assessment after any Save Our Homes or 10% Assessment Limitation cap is applied. This assessment cap is applied to all properties and limits year-to-year assessment increases to either the Consumer Price Index or 3%, whichever is lower for Homestead properties OR 10% for non-Homestead properties.

The Taxable value is the	after exemptions (

) are applied to it. This is the value that most taxing authorities use to calculate a parcel's taxes.
Capped Assessment	Homestead, etc.
(i.e. Taxable = Capped Assessed - Exemptions)

Exemptions

Exemption

Amount

Wholly	61,280.00

Values (2018 Tax Roll)

Property Values

Attributes

Just	61,280   Land Units Of Measure	AC
Assessed	61,280   Units	61.28

Page 11

Portability Applied

0   Total Number of Buildings

0

Cap Assessed	61,280   Total Bedrooms / Bathrooms	0

Taxable	0   Total Living Area	0
Cap Difference	0   1st Year Building on Tax Roll	N/A Historic District	No

Name / Code

Taxing Authorities
CITY OF FORT MYERS / 090
Category

LEE CO GENERAL REVENUE / 044

County

LEE CO LIBRARY DIST / 052

Dependent District

LEE CO HYACINTH CONTROL DIST / 051

Independent District

LEE CO MOSQUITO CONTROL DIST / 053

Independent District

Mailing Address

Lee County Office of Management & Budget PO BOX 398
FORT MYERS FL 33902-0398

Lee County Office of Management & Budget PO BOX 398
FORT MYERS FL 33902-0398

RUSSELL BAKER
15191 HOMESTEAD RD LEHIGH ACRES FL 33971

RUSSELL BAKER
15191 HOMESTEAD RD LEHIGH ACRES FL 33971

WEST COAST INLAND NAVIGATION DIST / 098

Independent District

CITY OF FORT MYERS / 031

Municipal

PUBLIC SCHOOL - BY LOCAL BOARD / 012

Public Schools

PUBLIC SCHOOL - BY STATE LAW / 013

Public Schools

ARBORWOOD CDD / 248

Special District

Justin D. McBride EXECUTIVE DIRECTOR
200 MIAMI AVE E
VENICE FL 34285-2408

CHRISTINE TENNEY BUDGET MANAGER PO DRAWER 2217
FORT MYERS FL 33902

AMI DESAMOURS BUDGET DEPARTMENT 2855 COLONIAL BLVD
FORT MYERS FL 33966

AMI DESAMOURS BUDGET DEPARTMENT 2855 COLONIAL BLVD
FORT MYERS FL 33966

SPECIAL DISTRICT SERVICES INC THE OAKS CENTER 2501A BURNS RD PALM BEACH GARDENS FL 33410

CITY OF FORT MYERS FIRE RESCUE SERVICES / 189

Special District

CITY OF FORT MYERS STORMWATER / 142

Special District

SFWMD-DISTRICT-WIDE / 110

Water District

SFWMD-EVERGLADES CONSTRUCTION PROJECT / 084

Water District

SFWMD-OKEECHOBEE BASIN / 308

Water District

CHRISTINE TENNEY BUDGET MANAGER
PO DRAWER 2217
FORT MYERS FL 33902

FABIAN BUSTOS
2925 DR MARTIN LUTHER KING JR BLVD FORT MYERS FL 33916

MICHELLE QUIGLEY 3301 GUN CLUB RD
WEST PALM BEACH, FL 33406

MICHELLE QUIGLEY 3301 GUN CLUB RD
WEST PALM BEACH, FL 33406

MICHELLE QUIGLEY 3301 GUN CLUB RD
WEST PALM BEACH FL 33406

Sale
Price

Date	OR Number	Type

Sales / Transactions
Description

Vacant/Improved

0.00  09/18/2017  2017000231904	88

Not Classified
Plat Book - Subdivision
There are 54 additional parcel(s) with this document (may have been split after the transaction date)...
11-45-25-P2-370C1.0000 12-45-25-P1-37000.000A 12-45-25-P1-37000.1098 12-45-25-P1-37000.1099 12-
45-25-P1-37000.1100 12-45-25-P1-37000.1101 12-45-25-P1-37000.1102 12-45-25-P1-37000.1103 12-45-
25-P1-37000.1104 12-45-25-P1-37000.1105 12-45-25-P1-37000.1106 12-45-25-P1-37000.1107 12-45-25- P1-37000.1108 12-45-25-P1-37000.1109 12-45-25-P1-37000.1110
Remaining parcels not listed.

V

Parcel Numbering History

Prior STRAP

Prior Folio ID

Renumber Reason

Renumber Date

11-45-25-P2-00003.0000	10256071	Split (From another parcel - Delete Occurs	09/18/2017

11-45-25-P2-00003.0010	10513615	Split (From another parcel - Delete Occurs	09/18/2017
Page 12

12-45-25-P1-00001.0010

10513616

Split (From another parcel - Delete Occurs

09/18/2017

12-45-25-P1-00001.0030	10513627	Split (From another parcel - Delete Occurs	09/18/2017

Township

Range

Location Information
Section

Block

Lot

45	25E	12	370C2	0000

Municipality	Latitude	Longitude

City of Fort Myers	26.58007	-81.76965

View Parcel on Google Maps

Links

View Recorded Plat at LeeClerk.org
Use the above link to view recorded plat information on the Lee County Clerk of Courts website.

View Parcel on GeoView

Solid Waste (Garbage) Roll Data

Solid Waste District

Roll Type

Category

Unit / Area

Tax Amount

009 - City of Fort Myers	-	0.00

Flood and Storm Information

Land
Land Tracts

Use Code

Use Code Description

Number of Units

Unit of Measure

9925	Acreage, Buffer - Conservation, Water Retention	61.28	Acres

Appraisal Details (2018 Tax Roll)

Land
Land Tracts

Use Code

9925

Use Code Description

Acreage, Buffer - Conservation, Water Retention

Number of Units

61.28

Unit of Measure

Acres

Appraisal Details (Current Working Values)

GROUND LEASE

THIS GROUND LEASE (“Lease”) made and entered into this	day of _	, 20	, by and between	("Landlord"), and Towercorp, Inc. ("Tenant").

W I T N E S S E T H:

In consideration of the mutual covenants contained herein and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, and intending to be legally bound, the parties hereto agree as follows: Landlord hereby demises and leases to Tenant, and Tenant hereby hires from Landlord, for all purposes which Tenant may desire, a portion of the real property located in
 	 , more fully described in EXHIBIT A attached hereto and by this reference made a part hereof (the “Property”).   The	acre portion of the Property leased to Tenant measures approximately	x	, together with easements for guy wire paths, guy anchors, access and utilities, more fully described in EXHIBIT B annexed hereto and by this reference made a part hereof ("Demised Premises").

TO HAVE AND TO HOLD the Demised Premises, together with all rights, privileges, easements and appurtenances thereunto belonging and attaching, unto Tenant.

This Lease is made upon the covenants and agreements hereinafter set forth with which the parties respectively agree to observe and comply during the Lease Term.

TERM.   The term of this Lease (the “Initial Term”) is five (5) years, commencing on the date (“Commencement Date”) first set forth above.   This Lease will be automatically renewed for nine (9) additional five (5) year terms (each a “Renewal Term” or collectively “Renewal Terms”).   Each Renewal Term option shall be deemed exercised and automatically takes effect unless Tenant advises Landlord prior to the expiration of the Initial Term (or any of the Renewal Terms, if applicable) that Tenant does not desire to renew this Lease.   The Initial Term and Renewal Term(s) are collectively referred to herein as the “Term.”

RENT.

Tenant shall pay to Landlord monthly rent (the "Rent") of	Dollars
($	).   The first such payment shall be due on the earlier of the date upon which construction of the Communications Facility (as hereinafter defined) is commenced, or twenty-four
(24) months from the Commencement Date.   Future payment shall be due on or before the first day of each month thereafter during the Term, partial months to be prorated.   Upon execution of this Lease by both parties, Tenant will pay Landlord a one time non-refundable good faith payment in the amount of	Dollars ($	), which sum shall be credited against the first month’s Rent.

Effective upon the commencement of each Renewal Term, the then current monthly Rent payable by Tenant to Landlord shall be increased by an amount equal to ten (10%) percent of the Rent payable by Tenant during the immediately preceding Term.

USE OF PREMISES; COMPLIANCE WITH LAWS AND REGULATIONS.

Tenant shall use the Demised Premises for the purpose of constructing, maintaining and operating a Communications Facility (as hereinafter defined) and any related improvements.   Tenant shall have the right to use the Communications Facility for its business purposes, which shall include, but not be limited to, the subleasing or licensing to third parties (without Landlord's consent) of space upon and within the Communications Facility and the Demised Premises.   Such licensees or sublessees of Tenant shall have full access to the Demised Premises for their business purposes.   For the purposes of this Lease, "Communications Facility" shall be defined as one or more communications towers, poles, guy wires and anchors, equipment shelters, associated support buildings and any related improvements.

Tenant shall have the right to fence the Demised Premises and each of any guy anchor locations. It is also understood and agreed that Tenant shall have the right to relocate said guy wires and anchors in the event Tenant desires to increase or decrease the height of the aforementioned tower or relocate the same within the boundaries of the Demised Premises.   Tenant may enter upon the Demised Premises and adjacent lands of Landlord from and after the date and execution of this Lease by Landlord for the purpose of making surveys and conducting soil, engineering and other tests and may cut or trim the trees on the Demised Premises or any adjacent lands of Landlord in connection therewith.   Tenant shall have the right to clear and thereafter to keep clear the Demised Premises, the
right of way, guy anchor locations and any utility easement areas, of trees, bushes, rocks and crops and to install upon any adjacent lands of Landlord temporary anchors and guys in connection with the construction of the tower on the Demised Premises.   If the construction or maintenance of the tower results in damage to any adjacent lands of Landlord (other than as set forth herein) Tenant shall pay Landlord for such damage.

Tenant will at all times during the Term observe and conform to, in all material respects, all laws, ordinances, orders, rules and regulations now or hereafter made by any governmental authority for the time being applicable to the Demised Premises or any improvement thereon or use thereof.

Notwithstanding anything in this Lease to the contrary, Tenant shall have the right to cancel this Lease upon thirty (30) days written notice to Landlord in the event that Tenant determines in its sole discretion that the Demised Premises are no longer appropriate for Tenant's intended use.   Upon the exercise of such right by Tenant this Lease shall become null and void and neither party shall have any further obligation to the other.

4.	ACCESS.   Landlord hereby grants to Tenant, its licensees, subtenants, and assigns, the
non-exclusive right seven (7) days a week, twenty-four (24) hours a day, for ingress and egress on foot or by motor vehicle (including trucks), for the installation and maintenance of

communications equipment, utility wires, poles, cables, conduits, and pipes over, under or along, a reasonable right-of-way (“Right of Way”) that will accommodate Tenant’s intended uses for the Demised Premises extending from the nearest public right-of-way, over and across any property of Landlord to reach the Demised Premises.   The Right of Way is a non-exclusive right of way for Tenant, its agents, employees, sublessees, licensees and business visitors.   Tenant shall have the right to construct, maintain and repair a roadway over the aforementioned easements, including such work as may be necessary for slope and drainage, and to install such poles, wires pipes, cables, conduits and related appurtenances as shall be necessary for the proper conduct of Tenant’s business and for electricity, water, telephone and gas.   Landlord represents and warrants that Tenant’s intended use of the Right of Way and Demised Premises does not conflict with any agreements, restrictions, covenants, conditions, easements or licenses, whether or not of record, that affect the Property or Demised Premises.

ASSIGNMENT AND SUBLETTING.   Tenant shall have the right, at any time, and from time to time, during the term of this Lease (or any renewal or extension hereof) to assign this Lease or sublet the Demised Premises, in whole or in part, to any entity or third party, without Landlord’s consent, provided that any such assignee agrees to assume Tenant's obligations hereunder.   In the event of such assignment to such entity or third party, Tenant shall be released from all obligations under this Agreement as of the date of such assignment.

INSURANCE.   Tenant will, at its own cost and expense, obtain and maintain during the Lease Term, a policy or policies of comprehensive general liability insurance, or its equivalent, with minimum limits of not less than (a) $1,000,000 for injury to one or more persons in any one occurrence and (b) $1,000,000 for property damage in any one accident.

TAXES.   Landlord shall be responsible for all real property taxes and assessments regarding the Demised Premises and shall cause the same to be paid when due. Tenant shall be responsible for property taxes on personal property of Tenant at the Demised Premises and shall cause the same to be paid when due.

INDEMNIFICATION.

Tenant shall indemnify and hold harmless Landlord (regardless of any covenant to insure by Tenant or Landlord) against and from any and all claims, liabilities and damages of every nature arising from any breach by Tenant of its covenants, warranties and obligations under this Lease, and from any loss or liability incurred by Landlord as a result of the negligence or misconduct of Tenant or Tenant’s agents, employees, contractors, servants, or licensees.

Landlord shall indemnify and hold harmless Tenant (regardless of any covenant to insure by Tenant or Landlord) against and from any and all claims, liabilities and damages of every nature arising from any breach by Landlord of its covenants, warranties and obligations under this Lease, and from any loss or liability incurred by Tenant as a result of the negligence or misconduct of Landlord
or Landlord’s agents, employees, contractors, or servants.

ENVIRONMENTAL WARRANTIES.

Being familiar with the Demised Premises, including all soil, air, surface and ground water and after physical inspection thereof, including review of the relevant records of the Demised Premises and the Right-Of-Way including ownership, tax records and any other records pertaining to environmental matters, Landlord warrants that the Demised Premises and the Right-Of-Way contain none of the following:   (1) Hazardous Substances, Pollutants or Contaminants as defined in the Comprehensive Environmental Response Compensation and Liability Act (CERCLA), or other similar state or federal environmental legislation; or (2) underground storage tanks.   Landlord agrees to defend and save Tenant harmless from any and all losses, claims, liabilities, judgements, damages, penalties, expenditures, costs, including reasonable attorneys' fees, or other expenses which Tenant may suffer or incur as a result of a breach of the foregoing warranty.

Tenant warrants that it shall not (a) bury underground or discharge into the sewage system at the Demised Premises any Hazardous Materials, or (b) use the Demised Premises as a storage site for Hazardous Materials, except minimal quantities used in the ordinary course of Tenant's Business and its sublessees' and licensees' business.

QUIET ENJOYMENT.

Landlord covenants that Tenant, upon paying the Rent and performing the covenants hereof on the part of Tenant to be performed shall and may peaceably and quietly have, hold and enjoy the Demised Premises and all related appurtenances, rights, privilege and easements throughout the term hereof without any lawful hindrance by Landlord and any person claiming by, through or under Landlord.

If Landlord controls land adjacent to any Leased Premises, Landlord agrees for itself and all future holders of such adjacent land that no use shall be made of the adjacent land during the Initial and any Renewal Term that would interfere with Tenant's use of the Demised Premises as described herein. Landlord further represents, agrees and covenants that during the Term of this Lease Landlord will not use, or permit others to use, any part of any real property currently owned, or hereafter acquired, by Landlord within five (5) miles of the Communications Facility for any type of communications tower; Landlord shall execute a recordable covenant reciting this restriction upon Tenant’s request, which Tenant may record among the applicable land records.   Tenant acknowledges that Landlord may grant or may have granted a mortgage or deed of trust on some or all of the Demised Premises to certain institutions or persons ("Mortgagees").   Within thirty (30) days after this Lease is executed Landlord shall obtain a non-disturbance agreement from all applicable Mortgagees agreeing to honor the Site Lease even in the event of foreclosure under the mortgage.

11.	AUTHORITY TO ENTER INTO AGREEMENT; NO RESTRICTIVE COVENANTS.	Landlord represents to Tenant that Landlord is the owner of the Demised
Premises and the lands immediately adjacent thereto which comprise the easements, rights of way and the guy anchor locations, and that such ownership is free and clear of all liens and encumbrances other than those which do not interfere with Tenant’s use and operation of the

Demised Premises, and that Landlord has the lawful right and authority to execute this Lease and grant such easements and rights of way.   Tenant may, after the execution of this Lease by Tenant, obtain an abstract or preliminary title report from a title insurance company of its choice.   If the state of title as indicated by said abstract or preliminary title report shall show any liens or encumbrances which interfere with Tenant’s use and operation of the Demised Premises, Tenant shall have the right to either (a) discharge such liens or encumbrances of record, if possible, and deduct the cost thereof from the payments of rent to become due hereunder, or (b) cancel this Lease upon written notice to Landlord.   Landlord agrees to cooperate with Tenant in curing such title defects.

OWNERSHIP  OF  COMMUNICATIONS  FACILITY  /  REMOVAL  UPON   TERMINATION.   The Communications Facility shall be the property of and owned by Tenant. Landlord covenants and agrees that neither the Communications Facility nor any part of the improvements constructed, erected or placed by Tenant on the Demised Premises shall become or be considered as being affixed to or a part of, the Demised Premises, any and all provisions and principles of law to the contrary notwithstanding, it being the specific intention of Landlord that the Communications Facility and all improvements of every kind and nature constructed, erected or place by Tenant on the Demised Premises shall be and remain the property of Tenant.   Tenant shall remove the Communications Facility and related improvements from the Demised Premises within one hundred eighty (180) days of the termination this Lease.   Upon termination this Lease, the Demised Premises shall be restored to a condition reasonably matching the condition existing prior to the Commencement Date of this Lease (except for any tree, shrub or other vegetation that was removed), normal wear and tear excepted.

NOTICES.   All notices, demands, requests, or other communications which are required to be given, served or sent by one party to the other pursuant to this Agreement shall be in writing, and shall be mailed, postage prepaid, by certified mail, or by a reliable overnight courier service with delivery verification, to the following addresses or at such other address as may be designated in writing by either party:

If to Landlord:	If to Tenant:

 		Towercorp, Inc.
 		17117 Gulf Blvd #445
 		N. Redington Beach, Fl 3370817

Phone #  	

Attn: Legal Dept.

Notice given by certified mail or by reliable overnight courier shall be deemed delivered on the date of receipt (or on the date receipt is refused) as shown on the certification of receipt or on the records or manifest of the U.S. Postal Service or such courier service.

RIGHT OF FIRST REFUSAL.

If at any time during the Lease Term Landlord receives a bona fide offer from a third party to purchase the Demised Premises, and/or this Lease and/or seeking an assignment of the rental stream associated with this Lease (the "Offer"), which Offer Landlord is prepared to accept, Landlord shall promptly transmit to Tenant its written offer (the "First Refusal Notice") to sell the Demised Premises to Tenant on the same terms and conditions specified in the Offer including but not limited to the total property contemplated in the Offer Tenant shall have ten (10) business days within which to accept such offer.   If Tenant shall accept such offer by written notice (the "Acceptance Notice") to Landlord within said ten day period (such Acceptance Notice shall specify a closing date which is the earlier of thirty (30) days from the date thereof or the closing date specified in the Offer), such offer and acceptance shall constitute a contract between them for the sale by Landlord and the purchase by Tenant of the Demised Premises and shall not thereafter be subject to rejection by either party.

If the Offer is not so accepted by Tenant, Landlord may sell the Demised Premises to such bona fide third party purchaser on the terms contained in the Offer.   If the Demised Premises are sold to such third party, the sale shall be subject to this Lease and all of the provisions hereof, except the right of first refusal provided in this Section 14, which shall expire upon such conveyance.

DEFAULT.   Either party hereunder shall be in default ("Default") under this Lease in the event that such party fails to perform any of its material obligations under this Lease and such failure continues for thirty (30) days ("Cure Period") after the other party gives written notice thereof to the defaulting party, provided, however, that in the event that more than thirty (30) days shall be required in order to cure any such Default, the defaulting party shall have an additional thirty (30) days ("Additional Cure Period") to cure such a default hereunder if the defaulting party shall have commenced and is diligently pursuing corrective action within the Cure Period.

SHORT FORM OF LEASE.   At the request of either party, the other party shall duly execute and acknowledge for recording purposes a short form or memorandum of this Lease (EXHIBIT C), which shall recite the names of the parties, describe the Demised Premises, specify the Lease Term, and any options to extend the Lease Term or purchase the Demised Premises, and provide that this Lease is made upon the rents, terms, covenants and conditions contained herein.

PARTIES.   This Lease and the terms and conditions contained herein shall be binding upon and inure to the benefit of the parties hereto and their respective permitted successors and assigns.

CONDEMNATION.   If there is a condemnation of the Demised Premises (or a portion sufficient to render the Demised Premises unsuitable for Tenant’s purposes), including, without limitation, a transfer of the Demised Premises by consensual deed in lieu of condemnation, then this Lease shall terminate upon transfer of title to the condemning authority, without further liability to either party hereunder.   Landlord and Tenant shall be entitled to pursue their own separate condemnation awards with respect to any such taking.

MORTGAGEE PROTECTION.   Tenant shall have the right, at any time, and from time to time, during the term of this Lease (or any renewal or extension hereof) to mortgage this Lease, in whole or in part, to any entity or third party, without Landlord’s consent.   The following provisions shall be effective at any time that Landlord has received notice that Tenant has mortgaged its leasehold interest under this Lease:

After receipt by Tenant of a notice of default under this Lease and the expiration of any applicable period of cure given to Tenant hereunder, Landlord shall deliver an additional notice (“Mortgagee’s Notice”) to Tenant’s leasehold mortgagee (“Leasehold Mortgagee”) specifying the default and stating that Tenant’s period of cure has expired.   Leasehold Mortgagee shall thereupon have the additional period(s) of time to cure any uncured default, as set forth below, without payment of default charges, fees, late charges or interest that might otherwise be payable by Tenant.   Landlord shall not terminate the Lease or exercise its other remedies under the Lease if:

Within thirty (30) days after Leasehold Mortgagee’s receipt of the Mortgagee’s Notice, Leasehold Mortgagee (A) cures the default, or (B) if the default reasonably requires more than thirty (30) days to cure, commences to cure said default and diligently prosecutes the same to completion; or

Where the default cannot be cured by payment or expenditure of money or without possession of the Property or otherwise, Leasehold Mortgagee shall have the right to access the Demised Premises and any other Tenant rights under this Lease necessary to effectuate a cure of the default.

Landlord agrees to accept performance by Leasehold Mortgagee of all cures, conditions and covenants as though performed by Tenant, and agrees to permit Leasehold Mortgagee access to the Property to take all such actions as may be necessary or useful to perform any condition or covenants of the Lease or to cure any default of Tenant.

Upon Leasehold Mortgagee’s acquisition of the Lease by foreclosure, whether by power of sale or otherwise or by deed or assignment in lieu of foreclosure, or if a receiver be appointed, the Lease shall continue in full force and effect.   Leasehold Mortgagee or any other purchaser at a foreclosure sale of the leasehold mortgage (or Leasehold Mortgagee or its nominee if one of them enters into a new lease with Landlord) shall succeed to all the rights of Tenant in any security or other deposits or other impound payments.

If Leasehold Mortgagee commences enforcement of the Leasehold Mortgage, then upon Leasehold Mortgagee’s acquisition of the Lease, Leasehold Mortgagee shall cure all prior defaults of Tenant under the Lease that are reasonably capable of being cured by Leasehold Mortgagee within the time set forth in Section 19(a)(ii) above, and Landlord shall treat Leasehold Mortgagee as Tenant under the Lease.   If Leasehold Mortgagee cures all defaults by Tenant and does not acquire the Lease, or if Leasehold Mortgagee commences enforcement under its leasehold mortgage, and thereafter Tenant cures such defaults (which cure Landlord shall be obligated to accept) and Leasehold Mortgagee then terminates its enforcement remedies, then the Lease shall

remain in full force and effect between Landlord and Tenant.

Landlord consents to the grant by Tenant to Leasehold Mortgagee of (and hereby subordinates any such lien it may have to) the lien on and security interest in all assets and personal property of Tenant located on the Demised Premises, including, but not limited to, inventory, goods, machinery and equipment (the “Personal Property”) and agrees that the same, even if deemed “fixtures” under applicable law, shall not become the property of Landlord upon Lease termination or expiration.   In connection with any foreclosure or similar action relating to the Personal Property, Leasehold Mortgagee (or its representatives) may enter the Demised Premises to implement such action without liability therefor; provided that (a) rent is paid during occupancy by Leasehold Mortgagee and (b) Leasehold Mortgagee pays for damages caused by Leasehold Mortgagee or its representatives in removing the Personal Property.

Landlord agrees to provide any such Leasehold Mortgagee with any information or document reasonably requested, including but not limited to an estoppel statement or a non-disturbance, subordination and attornment agreement, within ten (10) days after Landlord receives a request to do so. Landlord shall be conclusively deemed to have approved any requested estoppel statement if the same is not returned to Tenant within the ten (10) day period.

No modification or termination of the Lease shall be effective without Leasehold Mortgagee’s prior written consent.   No notice of default by Landlord shall be effective unless a copy thereof if delivered concurrently to Leasehold Mortgagee.

MISCELLANEOUS.

) This Lease contains the entire agreement between Landlord and Tenant with respect to the subject matter hereof.   There are merged herein all prior and collateral representations, promises, and conditions in connection with the subject matter hereof.   Any representation, promise, or condition not incorporated herein shall not be binding upon either party.   This Lease supersedes and is in lieu of all existing agreements or arrangements between the parties.

The unenforceability of any provision hereof shall not affect the remaining provisions of this Lease, but rather such provision shall be severed and the remainder of this Lease shall remain in full force and effect.

This Lease shall not be modified, extended or terminated (other than as set forth herein) except by an instrument duly signed by Landlord and Tenant.

This Lease may be executed in any number of counterpart copies, each of which shall be deemed an original, but which together shall constitute a single instrument.

) This Lease shall be governed by the laws of the State in which the Demised Premises are located.

[Remainder of page intentionally left blank]

IN WITNESS WHEREOF, the parties hereto have caused these presents to be executed in duplicate as of the day and year first above written.

Landlord:  	

Name: Title:

Tax ID/S.S. Number:

STATE OF

COUNTY OF

On the

day of

, 20

, personally appeared before me	,

as the Landlord named herein, and he/she acknowledged that he/she executed this Lease as his/her free act and deed in such capacity.

Notary Public

My commission expires:    	

Tenant:   Towercorp, Inc.

Name: Title:

STATE OF

COUNTY OF

On the	day of	, 20   _, personally appeared before me	, as Vice President of the Tenant named herein, and he acknowledged that he executed this Lease as his free act and deed in such capacity.

Notary Public

My commission expires:    	

EXHIBIT A

Property

[The attached sketch is for reference purposes only and will be replaced at Tenant’s option by a scale drawing and/or legal description.]

EXHIBIT B

Demised Premises

[The attached sketch is for reference purposes only and will be replaced at Tenant’s option by a scale drawing and/or legal description.]

EXHIBIT C

Memorandum of Lease

CLERK:   Please return this document to: Towercorp, Inc.
26 Yolanda Drive
Edison, NJ 08817 Attn: Legal Dept.

This Memorandum of Lease is entered into on this	day of	, 20	, by and between	, with an address at
 	, (hereinafter referred to as "Landlord") and
Towercorp, Inc., a Delaware limited liability company with an address at
 	(hereinafter referred to as "Tenant").

Landlord and Tenant entered into a Ground Lease ("Agreement") on the	day of
 	, 20	, for the purpose of installing, operating and maintaining a radio communications facility and other improvements. All of the foregoing is set forth in the Agreement.

The term of the Agreement is for	(	) years commencing on			, 20	, (“Commencement Date”), with			(	_) successive	(	) year options to renew.

The property which is the subject of the Agreement is described in Exhibit 1 annexed hereto (“Property”).   The portion of the Property being leased to Tenant (the "Demised Premises") is described in Exhibit 2 annexed hereto.

IN WITNESS WHEREOF, the parties have executed this Memorandum of Lease as of the day and year first above written.

Landlord:  	

Name: Title:

STATE OF

COUNTY OF

On the	day of	, 20	, personally appeared before me	, as the Landlord named herein, and he/she acknowledged that he/she executed this Lease as his/her free act and deed in such capacity.

Notary Public

My commission expires:    	

Tenant:   Clearview Tower Company, LLC

Name: Title:

STATE OF

COUNTY OF

On the

day of

, 20

_, personally appeared before me

, as

Vice President of the Tenant named herein, and he acknowledged that he executed this Lease as his free act and deed in such capacity.

Notary Public

My commission expires:    	

EXHIBIT 1

Property

[The attached sketch is for reference purposes only and will be replaced at Tenant’s option by a scale drawing and/or legal description.]

EXHIBIT 2

Demised Premises

[The attached sketch is for reference purposes only and will be replaced at Tenant’s option by a scale drawing and/or legal description.]

UNIFORM COLLECTION INTERLOCAL AGREEMENT

This Agreement, made and entered into this 18th day of February, 2019 (“Agreement”), by and between Arborwood Community Development District, (“Local Government”), and Kenneth M. Wilkinson, Lee County Property Appraiser, a constitutional officers of the State of Florida, whose address is 2480 Thompson Street, Fort Myers, Florida 33901-3074

Section 197.3632, Florida Statutes, authorizes non-ad valorem special assessments of Local Governments may be collected using the “Uniform Method” provided in that section. Pursuant to that opinion, the Property Appraiser and the Local Government shall enter into an agreement providing for reimbursement to the Property Appraiser of administration costs, including costs of inception and maintenance, incurred as a result of such inclusion.

Pursuant to section 197.3632(2), the Property Appraiser agrees to provide in compatible electronic medium (1) the legal description of the property within the boundaries described by the resolution adopted by the Local Government, (2) the names and addresses of the owners of such property, and (3) the property identification numbers of such property contained in the ad valorem tax roll submitted to the Department of Revenue.

The parties herein agree that commencing with the 2019 assessment roll, the Property Appraiser will include on the assessment rolls such special assessments as are certified to him by the Arborwood Community Development District.

This agreement shall continue from year to year unless cancelled by either party by giving written notice prior to January 1 of the year that the agreement shall stand terminated.

Local Government shall comply with all relevant requirements of Chapter 197, Florida Statutes, and all related Florida Administrative Code rules relating to, but not limited to, compliance with advertising and notices required for the use of the Uniform Method provided in 197.3632.

Local Government shall use its best efforts in furnishing the Property Appraiser with up-to-date data concerning its boundaries, proposed assessments and other information as requested from time to time by the Property Appraiser. The Property Appraiser shall, using the information provided by the Local Government, place the non ad valorem special assessments, as made from time to time and certified to him, on properties within the assessment district boundaries. The assessments shall, as far as practicable, be uniform (e.g. one uniform assessment for maintenance, etc.) to facilitate the making of the assessments by the mass data techniques utilized by the Property Appraiser.

The Property Appraiser shall be reimbursed for all necessary administrative costs incurred, including but not limited to the costs of personnel, forms, supplies, data processing, computer equipment, postage and programming. The parties agree the administrative costs shall be reimbursed at the rate of $1 per parcel as identified by the unique parcel identification number (STRAP or FolioID) for each year in which such assessments are placed on the tax rolls. Local

Government shall pay Property Appraiser within forty-five days of receipt of invoice from Property Appraiser.

If the actual costs of performing the services under this Agreement exceed the compensation provided for in Paragraph 7, the amount of compensation shall be the actual costs of performing the services under the Agreement.

The parties agree to consult and cooperate with one another as necessary for the efficient and timely delivery of the information to be provided in Paragraphs 2 and 6.

In performing the services provided in this agreement, the Property Appraiser shall not in any way, express or implied, directly or indirectly, be responsible for proposing, imposing, certifying or levying any non-ad valorem special assessment or determining whether any such any non-ad valorem special assessment is authorized, constitutional, legal or valid. Local Government is solely responsible to levy the assessments, certify its roll and to ensure they all assessments are authorized, constitutional, legal and valid.

Local Government shall be responsible for all changes and adjustments to the non-ad valorem special assessments and will provide all such changes or adjustments to the Property Appraiser. All questions regarding any assessments will be handled by Local Government and Property Appraiser will refer all communications and questions regarding the assessments to Local Government.

To the extent permitted by law, Local Government shall indemnify, defend and hold harmless the Property Appraiser against any claims, judgments, expenses, liabilities and, including attorney’s fees, arising from Local Government’s actions or omissions regarding the imposition, levy, roll preparation and certification of the assessments.

Information provided by the Property Appraiser may contain information that is confidential and exempt from disclosure under Chapter 119, Fla. Stat., Florida’s Public Records Law. Local Government shall familiarize its staff with the applicable statutory provisions and rules governing the Public Records Law and the applicable exemptions and provisions regarding confidentiality. Local Government shall comply with the Public Records Law and all applicable exemptions and provisions regarding confidentiality.

EXECUTED on the date first above written.

Kenneth M. Wilkinson, CFA Lee County Property Appraiser

 	

2

Arborwood Community Development District
Budget vs. Actual
October 2018 through January 2019

Revenues

Oct '18 - Jan 19	FY 18-19 Budget	$ Over Budget	% of Budget

01-3100 · O & M Assessments (On-Roll)	319,279.43		361,306.00		-42,026.57		88.37%	
01-3300 · O & M Assessments (Off-Roll)	0.00		14,589.00		-14,589.00		0.0%	
01-3812 · Debt Assessments (2018)	2,329,804.15		2,637,660.00		-307,855.85		88.33%	
01-3818 · Debt Assessments (2014)	371,536.35		420,596.00		-49,059.65		88.34%	
01-3822 · Debt Assess-Pd To Trustee-2018	-2,233,202.00		-2,552,510.00		319,308.00		87.49%	
01-3829 · Debt Assess-Pd To Trustee-2014	-356,131.40		-1,278,793.00		922,661.60		27.85%	
01-3830 · Assessment Fees	-9,559.90		-10,000.00		440.10		95.6%	
01-3831 · Assessment Discounts	-115,686.15		-136,782.00		21,095.85		84.58%	
01-3912 · Debt Assessments - Off Roll	0.00		895,377.00		-895,377.00		0.0%	
01-9420 · Carryover Balance	0.00		140,000.00		-140,000.00		0.0%	
Total Revenues	306,040.48		491,443.00		-185,402.52		62.27%	

Expenditures

01-1130 · Payroll Tax Expense	153.00	912.00	-759.00	16.78%	
01-1131 · Supervisor Fees	2,000.00	12,000.00	-10,000.00	16.67%	
01-1310 · Engineering	11,867.00	35,000.00	-23,133.00	33.91%	
01-1311 · Management Fees	11,813.64	35,441.00	-23,627.36	33.33%	
01-1313 · Website Management	500.00	1,500.00	-1,000.00	33.33%	
01-1315 · Legal Fees	2,449.50	38,000.00	-35,550.50	6.45%	
01-1318 · Assessment/Tax Roll	0.00	5,000.00	-5,000.00	0.0%	
01-1320 · Audit Fees	0.00	5,500.00	-5,500.00	0.0%	
01-1330 · Arbitrage Rebate Fee	0.00	3,500.00	-3,500.00	0.0%	
01-1332 · Amortization Schedule Fee	0.00	500.00	-500.00	0.0%	
01-1450 · Insurance	13,480.00	15,000.00	-1,520.00	89.87%	
01-1480 · Legal Advertisements	520.60	5,500.00	-4,979.40	9.47%	
01-1512 · Miscellaneous	458.09	2,800.00	-2,341.91	16.36%	
01-1513 · Postage and Delivery	128.24	1,300.00	-1,171.76	9.87%	
01-1514 · Office Supplies	293.80	2,200.00	-1,906.20	13.36%	
01-1540 · Dues, License & Subscriptions	175.00	175.00	0.00	100.0%	
01-1555 · Trustee Fees	15,000.00	37,000.00	-22,000.00	40.54%	
01-1743 · Continuing Disclosure Fee	0.00	5,000.00	-5,000.00	0.0%	
01-1811 · Professional Fee & Permits (GF)	0.00	2,000.00	-2,000.00	0.0%	
01-1814 · Electricity	56.68	1,000.00	-943.32	5.67%	
01-1816 · Treeline Preserve Maint-Exotics	5,400.00	4,000.00	1,400.00	135.0%	
01-1819 · Environmentl Cnsltng-Passarella	7,614.92	15,000.00	-7,385.08	50.77%	

Arborwood Community Development District
Budget vs. Actual
October 2018 through January 2019

	Oct '18 - Jan 19		FY 18-19 Budget		$ Over Budget		% of Budget	
01-1820 · Panther Mitigation Mnt-Exotics	55,568.54		110,000.00		-54,431.46		50.52%	
01-1821 · Mitigation Monitoring-Parcel C	0.00		6,200.00		-6,200.00		0.0%	
01-1822 · Street Lighting-Utility & Maint	1,479.87		21,000.00		-19,520.13		7.05%	
01-1824 · Field Inspector - Somerset Only	7,623.52		28,000.00		-20,376.48		27.23%	
01-1825 · Lake Maintenance-Somerset Only	15,356.00		46,100.00		-30,744.00		33.31%	
01-1826 · Preserve Maint - Somerset Only	0.00		35,000.00		-35,000.00		0.0%	
01-1827 · Flowway Maintenance	0.00		4,600.00		-4,600.00		0.0%	
01-1828 · Preserve Maint (Parcel C Only)	0.00		10,800.00		-10,800.00		0.0%	
01-1850 · Capital Outlay - Small	0.00		1,000.00		-1,000.00		0.0%	
Total Expenditures	151,938.40		491,028.00		-339,089.60		30.94%	
Net Revenue	154,102.08		415.00		153,687.08		37,133.03%	

Bank Balance As Of 1/31/19	$	397,931.52	
Accounts Payable As Of 1/31/19	$	31,892.18	
Other Assets As Of 1/31/19	$	4,169.23	
Total Fund Balance As Of 1/31/19	$	370,208.57