Myrtle Creek Improvement District
12051 Corporate Boulevard Orlando, FL 32817; 407-382-3256

1-vww. myrtlecreekid. org

The following is the proposed agenda for the Meeting of the Board of Supervisors for the My1ile Creek Improvement District ("District"), scheduled to be held at 4:30 p.m. on Tuesday, June 19, 2018 at 6900 Tavistock Lakes Blvd, Suite 200, Orlando, Florida 32827. A quorum will be confirmed prior to the start of the meeting.
For those unable to attend in person, you may participate by telephone: Phone: 1-877-864-6450	Participant Code: 933751
BOARD OF SUPERVISORS' MEETING AGENDA
Organizational Matters
Roll Call to Confom a Quorum
Public Comment Period
Consideration of the Minutes of the May 15, 2018 Board of Supervisors' Meeting
Business Matters
Discussion Regarding FY 2018/2019 Budget
Consideration of Resolution 2018-06, Re-setting the Date, Time and Location of the Budget Public Hearing
Ratification of Operation and Maintenance Expenditures Paid in May 2018 in an amount totaling $46,289.00
Recommendation of Work Authorization/Proposed Services (ifapplicable)
Review of District's Financial Position and Budget to Actual YTD
Other Business
Staff Repmis
District Counsel
District Manager
District Engineer
Construction Supervisor
Audience Comments, Supervisor Requests
Adjournment

MYRTLE CREEK IMPROVEMENT DISTRICT

Minutes of the May 15, 2018 Board of Supervisors' Meeting

MYRTLE CREEK IMPROVEMENT DISTRICT BOARD OF SUPERVISORS' MEETING MINUTES

FIRST ORDER OF BUSINESS

The Board of Supervisors' Meeting for the Myrtle Creek Improvement District was called to order on Tuesday, May 15, 2018 at 4:35 p.m. at 6900 Tavistock Lakes Blvd., Suite 200, Orlando, FL 32827. Board Members listed below constituted a quorum.

JeffMacre Bob Da Silva Kyle Scholl

Also present were:

Jennifer Walden Tucker Mackie JeffNewton Larry Kaufmann Stephen Flint Scott Thacker

SECOND ORDER OF BUSINESS

Chair
Vice-Chair Assistant Secretary

Fishkind & Associates Hopping Green & Sams
Donald W. McIntosh Associates Construction Supervisor Landscape Supervisor
Tavistock Development

Public Comment Period

Ms. Walden noted that there were no members of the public present.

THIRD ORDER OF BUSINESS		Consideration of the Minutes of the April 17, 2018 Board of Supervisors' Meeting

Board Members reviewed the minutes from the April 17, 2018 Board of Supervisors' Meeting.

On Motion by Mr. Da Silva, second by Mr. Scholl, with all in favor, the Board of Supervisors for the Myrtle Creek Improvement District approved the Minutes of the April 17, 2018 Board of Supervisors' Meeting, as presented.

1

FOURTH ORDER OF BUSINESS		Letter from Supervisor of Elections - Orange County

Ms. Walden explained that the District received a letter from the Supervisor of Elections of Orange County and the District is required to state on the record how many registered voters are in the District each year. She stated that there are currently 2,068 registered voters living in the District. No action is required by the Board.

FIFTH ORDER OF BUSINESS		Consideration of Resolution 2018-04, General Election

Ms. Walden explained that this resolution states that Seat 3 which is currently held by Mr. Donald Tubbs, Seat 4 which is currently held by Mr. Kyle Scholl, and Seat 5 which is currently held by Mr. Bob da Silva are up for election through the general election this November. She noted that behind the resolution is an exhibit which has the ad that will be placed notating the qualifying period for the candidates within the Orange County Supervisor of Elections if they want to run. Ms. Mackie informed those with seats expiring must go to the Supervisor of Elections to qualify between noon June 18, 2018 to noon June 22, 2018. Ms. Walden will verify if they must do it in person and noted that there is usually a $25.00 fee required when the form is filled out. Ms. Mackie noted that to the extent that no one qualifies, the person sitting in the seat will continue to hold over and the Board would then appoint an individual to fill the vacancy in the te1m. Ms. Walden will verify the qualifying dates and place the ad as required. Mr. Scholl asked if Ms. Walden could acquire a form. Ms. Walden responded that she will see if they will give it to her. Mr. Da Silva asked if the Developer still has a vote. Ms. Mackie responded that there are no more Landowner seats in the District as they have all transferred to qualified electors. Ms. Walden noted for the three seats up for election that when they go to qualify they must pay attention to their seat number so that they don't all apply for the same seat and run against each other.

On Motion by Mr. Macre, second by Mr. Da Silva, with all in favor, the Board of Supervisors for the Myrtle Creek Improvement District approved Resolution 2018-04, General Election.

SIXTH ORDER OF BUSINESS

Consideration of Resolution 2018-05, Approving a Preliminary Budget for Fiscal Year 2019 and Setting a Public Hearing Date

2

Ms. Walden explained that the Construction Committee reviewed the line items in the budget and what would be needed for Fiscal Year 2019. She noted that District staff is recommending the budget to come in at total expenses of $753,073.60 with the assessments staying the same at
$492,716.16. District staffis not recommending a change in assessments. The budget is intended to be less than the income anticipated. Ms. Walden explained that this resolution starts the budget process and that the District must submit the budget to the County at least 60 days from when the public hearing is going to be. She noted that the budget can always come down if it needs to but the Construction Committee felt this was a good budget for the year. She also noted that the District cannot increase the budget after approval today. Mr. Thacker indicated that the Construction Committee shifted some expenses around with the focus on the landscape improvements. A discussion took place about the Personnel Leasing Agreement to hire someone that would work for all three Districts and manage the irrigation for the project, the hurricane clean up line item and the crosswalk line item. Mr. Da Silva suggested putting the money from the crosswalk line item into the contingency line item. Ms. Walden noted that for today's purposes the District is looking at the overall budget number and the Board can change specific line items prior to the public hearing.

On Motion by Mr. Scholl, second by Mr. Da Silva, with all in favor, the Board of Supervisors for the Myrtle Creek Improvement District approved Resolution 2018-05, Approving a Preliminary Budget for Fiscal Year 2019 and Setting August 21, 2018 at 4:30 p.m. at 6900 Tavistock Lakes Blvd, Suite 200, Orlando, Florida 32827 for the Public Hearing.

SEVENTH ORDER OF BUSINESS	Discussion	of	Landscape Maintenance Items

Mr. Flint stated that the District is complete with the entrance at the end of Narccoossee and the two monuments were done late last week. He noted that there is a shortage of St. Augustine grass because of a freeze which might put the District behind schedule by 1 to 1.5 months.

Mr. Da Silva noted that the sod patches that were put in do not look healthy. Mr. Flint indicated that the vendor laid it in and did not tell anyone and then the vendor hit the irrigation line which knocked it out and killed their grass. He is going to have them fix it.

3

EIGHTH ORDER OF BUSINESS		Consideration of Landscape Maintenance Proposals for Wellspring Drive
BrightView Proposal
OmegaScapes Proposal

Ms. Walden explained that the District received two proposals for Wellspring Drive and behind Tab A is the BrightView proposal and behind Tab B is the OmegaScapes proposal. Mr. Da Silva asked who is cunently maintaining the area. Mr. Kaufmann replied that it is OmegaScapes and BrightView is maintaining the second phase of Performance Drive. That will come off of their one-year maintenance cycle and it is included in the proposal. Ms. Mackie stated that included within the agenda package is also a Funding Agreement with the Developer who agreed to continue funding the maintenance of this particular right-of-way until the District adopts a methodology that accounts for the assessment of this maintenance item to only the properties benefitting from this maintenance. None of the cunent residential properties within Myrtle will bear the responsibility for these costs. However, the District needs to make sure that now that the District owns the improvements that they are maintained by the District so they can continue to control and get it into the District's plan overall. She suggested this having its own separate contract in order to track costs easily at stafflevel and process for reimbursement. Mr. Flint asked if it would be kept separate from the rest of the District in the future. Ms. Mackie responded that she believes that it is one more year of Developer funded costs. She noted that a majority of the costs would be assessed to the Developer as they own the majority ofthe property. Mr. Kaufmann stated that the major landscape contract will continue for another fiscal year and at the end of that period the Wellspring Drive landscape proposal will rebid along with the rest of the roads. Mr. Da Silva asked if the District would be entering into a contract with Tavistock Development Company, LLC. Ms. Mackie stated that she can verify it and noted that it is just the funding source and there is no requirement that they own property within the District in order to enter into an agreement for the funding of the cost. She directed his attention to section two of the funding agreement. The Board reviewed the proposals.

NINTH ORDER OF BUSINESS		Consideration of Landscape Maintenance Agreement for Wellspring Drive

The Board reviewed the Landscape Maintenance Agreement for Wellspring Drive. The Construction Committee recommended the award of the work go to BrightView.

4

On Motion by Mr. Da Silva, second by Mr. Scholl, with all in favor, the Board of Supervisors for the Myrtle Creek Improvement District awarded the contract for USTA Boulevard/Wellspring Drive to BrightView as recommended and authorized District staff to enter into a Landscape Maintenance Agreement.

TENTH ORDER OF BUSINESS	Consideration of Landscape Maintenance	Funding Agreement with Tavistock

Ms. Mackie requested approval of the Landscape Maintenance Funding Agreement with Tavistock included within the agenda package, understanding that the costs identified within the BrightView proposal would be inserted into that agreement.

On Motion by Mr. Macre, second by Mr. Da Silva, with all in favor, the Board of Supervisors for the Myrtle Creek Improvement District approved the Landscape Maintenance Funding Agreement with Tavistock.

ELEVENTH ORDER OF BUSINESS	Review of FY 2017 Audit
Draft

Ms. Walden stated that there were no deficiencies in internal controls that would be considered material weaknesses. She requested the Board's acceptance of the audit draft subject to review by District Counsel. Mr. Macre asked if there were any additional changes to this draft based on what was sent out the other day that he reviewed. Mr. Scholl asked what some of the areas of concern could be hypothetically. Ms. Mackie responded that deteriorating financial conditions such as the inability for a District to meet their debt service obligations is one example, but to be clear, this District has a clean audit with the auditor not identifying any deficiencies.

On Motion by Mr. Macre, second by Mr. Scholl, with all in favor, the Board of Supervisors for the Myrtle Creek Improvement District accepted the Fiscal Year 2017 Audit Draft, subject to District Counsel review of the same.

5

TWELFTH ORDER OF BUSINESS	Consideration of Financial Advisory Agreement

Ms. Walden explained that this is an agreement with Fishkind & Associates so they can continue on as the District's financial advisor. She noted that there were updates from the SEC and the MSRB on requirements to be listed in the agreement. She noted there is a not-to-exceed amount of $1,000.00 but it is included in the Management Agreement for the financial advisory services. Ms. Mackie requested that the approval be done subject to review by Mr. Dan Byrnes at Tavistock. She noted that the Board has a Bond Team Financing Agreement for what may be an issuance in bonds associated Wellspring and Mr. Byrnes wanted to opportunity to review it since he's left the other Boards he was not copied on these agreements. He would typically like to review them because Tavistock funds certain costs related to a bond issuance in advance of a financing.

On Motion by Mr. Da Silva, second by Mr. Scholl, with all in favor, the Board of Supervisors for the Myrtle Creek Improvement District approved the Financial Advisory Agreement subject to District Counsel and Mr. Byrnes' review.

THIRTEENTH ORDER OF BUSINESS		Consideration	of Appointment	to Construction Committee

Ms. Walden stated that the Construction Committee consists of three members Mr. Kaufmann, Mr. Good, and Mr. Thacker. She noted that since the last meeting District staff has received a resignation from Mr. Good and therefor a vacancy exists. She noted that the sister Boards chose to appoint Mr. Flint to fill that vacancy. Ms. Walden asked the Board to appoint him as well.

On Motion by Mr. Da Silva, second by Mr. Scholl, with all in favor, the Board of Supervisors for the Myrtle Creek Improvement District appointed Mr. Stephen Flint to be added to the Construction Committee for the District.

FOURTEENTH ORDER OF BUSINESS

Ratification of Requisition No. 490 - 500 Approved in

6

April 2018 in the amount totaling $69,484.11

Board Members reviewed Requisition No. 490 - 500 Approved in April 2018 in the amount totaling $69,484.11.

On Motion by Mr. Scholl, second by Mr. Da Silva, with all in favor, the Board of Supervisors for the Myrtle Creek Improvement District ratified Requisition No. 490 - 500 approved in April 2018 in the amount totaling $69,484.1 1.

FIFTEENTH ORDER OF BUSINESS		Ratification of Operation and	Maintenance Expenditures Paid in April 2018 in an amount totaling
$76,451.12

Board Members reviewed the Operation and Maintenance Expenditures paid in April 2018 in an amount totaling $76,451.12.

On Motion by Mr. Scholl, second by Mr. Da Silva, with all in favor, the Board of Supervisors for the Myrtle Creek Improvement District ratified the Operation and Maintenance Expenditures paid in April 2018 in an amount totaling $76,45 1. 12.

SIXTEENTH ORDER OF BUSINESS	Recommended	Work Authorization/Proposed Services

Mr. Kaufmann stated that there were no Work Authorizations for this District.

SEVENTEENTH ORDER OF BUSINESS

Review of District's Financial Position and Budget to Actual YTD

7

Board Members reviewed the Statement of Financial Position and Budget to Actual through today' s date. Ms. Walden stated that the District's expenses are currently $335,000.00 vs. a budget of $457,000.00. The District is currently under budget through April by $121,000.00. There was no action required.

EIGHTEENTH ORDER OF BUSINESS

District Counsel -	No Report

District Manager -	No Report

District Engineer -	No Report

Construction Supervisor - No Report

NINETEENTH ORDER OF BUSINESS

Staff Reports

Supervisor Requests, Audience Comments & Adjournment

There were no Supervisor requests or audience comments and no other business to discuss.

On Motion by Mr. Scholl, second by Mr. Da Silva, with all in favor, the May 15, 2018 Meeting of the Board of Supervisors for the My1tle Creek Improvement District was adjourned.

Secretary/Assistant Secretary	ChairNice Chair

8

MYRTLE CREEK IMPROVEMENT DISTRICT

FY 2018/2019 Budget

Myrtle Creek Improvement District
FY 2019 Proposed O&M Budget

YTD Actual Through 05/31/2018

Anticipated 06/2018
09/2018

Anticipated FY 2018 Totals

FY2018
Adopted Budget

FY 2019
Proposod Budget

Budget Increase I (Decrease)

Revenuo!/
On-Roll Assessments	$	488,435.82	s	4,280.34	$ 492,716.16	$ q92,716.1t,		$ 492,716.16		
Otr-Roll Assessm1mts	21,695.04		21,695.04					
Money Markel Reserve		72,866.79	72,866.79	260,357.44		260,357.44		
Carry Forward Revenue (accrued)				30,000.00			(30,000.00)	
Other Income & Other Financing Sources	100.00		100.00					
Net Revenues	$	510,230.86	$	77,147.13	$ 587,377.99	$ 783,073.80		$ 753,073.60	$	(30,000.00)	

Supervisor Foes	$	6,800.00	$	5,200.00	$	12,000.00	$	12,000,00	$	12,000.00	
Public Officials' Llablllty Insurance	3,250.00		3,250.00	3,576.00	3,575.00		
Trustee Servlces	8,361.40		8,361.40	2,000.00	2,000.00		
Management	26,666.64	13,333.36	40,000.00	40,000.00	40,000,00		
Engineering	2,325.00	1,162.60	3,487.60	5,000.00	5,000.00		
Englneerir,g (Pubtlc Facllltles Report)	4,731.26		4,731.25				
Dissemination Agent	260.00	4,750.00	5,000.00	5,000.00	5,000.00		
Prope,·ty Appralser	1,432.00		1,<132.00	3,000.00	3,000,00		
District Counsel	12,518.42	6,259,21	18,777.83	20,000,00	20,000.00		
Assessment Aclrnlnistratlon	2,500.00	5,000.00	7,500.00	7,500.00	7,500,00		
Audit	3,823.00	152 00	3,975.00	3,975.00	3,975.00		
Arbitrage Calculallon		900.00	900.00	900.00	900,00		
Travel and Per Diem	112.38	56,19	168,57	500.00	500.00		
Telephone	247.40	123.70	371.10	500.00	500.00		
Postage 8- Shipping	92.98	46.48	139.44	500.00	500.00		
Coples	531.00	265.50	796.50	2,000.00	2,000.00		
Logal Advertising	1,714.51	857.26	2,571.77	5,000.00	6,000.00		
Bank Fees				50.00	50.00		
Miscellaneous	1,791.00	895.50	2,688,50	5,000.00	5,000.00		
Property Tru<es	123.22		123.22	76,00	75.00		
Web Site Maintenance	858.00	420.00	1,278.00	1,250.00	1,250.00		
Dues, Licenses, and Fees	175.00		175.00	175.00	175.00		
Total Gonoral & Administrative Expenses	$	78,303.18	$	39,421.70	$ 117,724.88	$ 118,000.00	$ 118,000.00	$	

Gea�rnl�8S!wlai§l[!!tive Ex11ea11e§ Loglslatlvo

Flnanclal & Adrnlnlstratlve

Page 1 of 2

Myrtlo Creek Improvement District FY 2019 Proposed O&M Budget

Field QpernUon§ Electric Utility Services
Electric	$
Entry Lighling
Water-Sewer Combination Services Water Reclaimed
Stormwotor Control Miligation Area Aquallc Contract
Lake/Pond Repair Reserve Oth11r Physical Environment
Equipment Rental
General Liability Insurance Property & Casualty Insurance Auto Insurance
Irrigation
Landscaping Maintenance Contract Other Landscape Maintenance Landscape Improvements Contingency
Hurricane Cleanup
lntorchango Maintenance Exponsos IME • Aquatics Maintenance
IME - Irrigation IME • Landscaping IME • L.lghting
IME • Miscall,ineous IME • Weter Reclaimed
Now Oporatlonal Field Exponsos Trail Benches
Crosswalk Improvements Road & Street Facllllles
Entry and Wall Mqlntanance
Streetlights Parks & Rocroatlon
Personnel Leasing Agreoment
Reserves
Infrastructure Capilal Resorve Interchange Maintenance Reserve
Total General & Ad1nlnlstratl\le Expenses	$

Tota l Expense,;	$
Income (Loss) from Operations	$
Other lncomo (Expense)
Interest Income	$
Tot.al Other Income (Expense)	s
Net lnoomo (Loss)	$

YTD Actual Through 05/31/2018

464.02
92.75

11 ,710.30

2,600.00

3,723.00

27,193.75
152,1 72.50
1 7,000.00
46,512.47

2,104.24
1,603.11 
52,369.09
1,357.16

739.42

6,976.4-4

326,618.25

404,921.43

105,309.43

2,295.48
2,295.48

107,604.91

Antlclpatod 06/2018 .
09/2018

$	232.01
46.36

5,855. 15 

2,560.00

13,596.88
76,086.25
3,000.00

1,062.12
801.56
26,184.55
678.58

369.71

3,48822

10,166.67
2,360.00
$     146,478.08

$     185,899.78
$ (108,752.65)

$	1,1 47.7'1
$	1,147.74
$ (1 07,604.91)

Anticipated FY 2018 Totals

$	696.03
139.13

17,565.45

5,160.00

3,723.00

40.790.63
228,258.75
20,000.00
46,512.47

3,156.36
2,404.67
78,553.64
2,035.74

1,109.13

10,464.66

10,166.67
2,360.00
$   473,096.33

$    590,821.21

$	(3,44:3.22)

$	3,443.22
$	3,443.22

$

FY 2018
Adopted Budget

$	1,000.00
500.00

25,000,00

5,000.00
5,160.00
10,000,00

5,000.00
5,000.00
1 ,500.00
750.00
10,000.00
218,75000
20,000.00
35,00D.0D
34,206.31

3,339.00
31 ,500.00
77,221 .62
2,362.50
767.50
3,1 50.00

40,000.00
1 00,000.00

12,000.00
5,00000

1,320,00

10,166,67
2,360.00
$    666,073.60

$    784,073.60

$	(1 ,000.00)

$	1,000.00
$	1,000.00

$

FY 2019
Proposed Budget

$	1, 000.00
500.00

10,000.00

5,160.00
6,000.00

5,000.00
1 ,500.00
750.00
30,000.00
182,484.00
40,000.00
110,000.00
23,426.31
15,000.00

3,339.00
31,500.00
77,221.62
20,000.00

3,1 50.00

16,516,00

10,000.00
12,000.00

20,000.00

10, 166.67
2,360.00
$    636,073.60

$   754,073.60

$	(1,000.00)

s	1, 000.00
$	1,000.00

$

Budget Increase I (Decrease)

$    (16,000.00)

(5,000.00)

(6,000.00)

(5,000.00)

20,000.00
(36,266.00)
20,000.00
75,000.00
(10,780.00)
15,000.00

17,637.50
(787,50)

(40,000.00)
(83,484.00)

(2,000.00)
7,000.00

18,680.00	
$	(30,000.00)

$    (30 000.00)
$	.

$	.
.	
$	
$	.	

Pago 2 of2

MYRTLE CREEK IMPROVEMENT DISTRICT

Resolution 2018-06,
Re-setting the Date, Time and Location of the Budget Public Hearing

RESOLUTION 2018-06
A RESOLUTION OF THE BOARD OF SUPERVISORS OF MYRTLE  CREEK  IMPROVEMENT  DISTRICT AMENDING RESOLUTION 2018-05 TO RE-SET THE DATE, TIME, AND LOCATION OF THE PUBLIC HEARING ON THE PROPOSED BUDGET FOR FISCAL YEAR 2018/2019 ; PROVIDING A  SEVERABILITY CLAUSE; AND PROVIDING AN EFFECTIVE DATE.
WHEREAS, the My1ile Creek Improvement District (the "District") was established pursuant to Chapter 190, Florida Statutes, for the purpose of planning, financing, constructing, operating and/or maintaining certain infrastructure improvements; and
WHEREAS, on May 15, 2018, at a duly noticed public meeting, the District' s Board of Supervisors (the "Board") adopted Resolution 2018-05, approving the proposed budget for fiscal year 2018/2019, and setting a public hearing on the proposed budget for August 21, 2018 at 4: 30 p.m., at the 6900 Tavistock Lakes Boulevard, Suite 200, Orlando, Florida 32827; and
WHEREAS, due to scheduling issues with the location of the public hearing, the District
desires to reschedule the date of the public hearing to	___	 	, 2018 at	 	

at                           _	 	, and instructs the District Manager to cause a notice of public hearing, with the new date, time, and location, to be published in a newspaper of general circulation in Orange County, Florida consistent with the requirements of Chapters 190 and 197, Florida Statutes.
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE MYRTLE CREEK IMPROVEMENT DISTRICT:
SECTION 1.  PUBLIC  HEARING DATE RE-SET.	Resolution 2018-05 is hereby
amended to reflect that the public hearing as declared in Resolution 2018-05 is to be:
Date:
Time:
Location:
SECTION 2. RESOLUTION 2018-05 OTHERWISE REMAINS IN FULL FORCE
AND EFFECT. Except as otherwise provided herein, all of the provisions of Resolution 2018- 05 continue in full force and effect.
SECTION 3. SEVERABILITY. The invalidity or unenforceability of any one or more provisions of this Resolution shall not affect the validity or enforceability of the remaining pmiions ofthis Resolution, or any pmi thereof.
SECTION 4. EFFECTIVE DATE. This Resolution shall take effect upon its passage and adoption by the Board of Supervisors ofthe My1ile Creek Improvement District.
1

PASSED AND ADOPTED this 19th day of June, 2018.

ATTEST:

Secretary

MYRTLE CREEK IMPROVEMENT DISTRICT

Chainnan/Vice Chairman, Board of Supervisors

2

MYRTLE CREEK IMPROVEMENT DISTRICT

Operation & Maintenance Expenditures
Paid in May 2018 in an amount totaling $46,289 .00

MYRTLE CREEK IMPROVEMENT DISTRICT
DISTRICT OFFICE e 12051 CORPORATE BLVD • ORLANDO, FL 32817 PHONE: (407) 382-3256 • FAX: (407) 382-3254

Operation and Maintenance Expenditures For Board Approval
Attached please find the check register listing Operations and Maintenance expenditures paid from May 1, 2018 through May 31, 2018. This does not include expenditures previously approved by the Board.
The total items being presented:	$46,289.00

Approval of Expenditures:

Chairman Vice Chairman
          Assistant Secretary

6/3/18
2:29:44 PM

Check No.	Date	Status
BANK ID: SUN • CITY NATIONAL BANK

Myrtle Creek Improvement District
AP Check Register (Current by Bank) Check Dates: 5/1 /2018 to 5/31 /2018 
Vendor ID Payee Name

Page: 1

Amount 001 -1 01 -0000-00-01

3314 	05/14/1 8	p	AWC	Aquatic Weed Control, Inc.	$325.00	
3315 	05/14/18 	p	BVLS	BrightView Landscape Seivices	$42,870.41	
3316 	05/1 4/18	p	HGS	Hopping G reen & Sams	$2,907.34	
3317 	05/1 4/1 8	p	MLM	Michael's Lighting Main!.	$81 .25	
331 8	05/14/18 	p	TRUSTE	US Bank as Trustee for Myrtle	-$-?ffe0:55--­	
3319 	05/14/1 8	p	VENTUR	Venturesln .com	$1 05.00	
BANK SUN REGISTER TOTAL:	$54, 109.35	

GRAND TOTAL

$54, 109.35

◊

+

*

{).$
Qsi 289 °

* Check Status Types: "P" • Printed ; "M" - Manual ; "V" - Void ( Void Date ); "A" - Application; "E" - EFT
** Denotes broken check sequence.

MYRTLE CREEK IMPROVEMENT DISTRICT

Payment Authorization #351
4/27/2018 

Item
No.

1

Invoice Number

General
Fund

B right\iiew Landsfape Services

Clock #1 Repair Clock#2 Repair	             5721655
5721656	$	1 73.50
$	21 1 .7S	
Irrigation Repairs
Ml Repairs	5721657
5721 £:158	$	139.25
$	275.00	
	TOTAL	$ 8,794.5.0	

histallatic:ili of Sleep arid 4" Mainline Repair

5721 632

$ 7,995.00

"\	 111-�a

�	,J	rYJ}.  (I) /�	LU

I	I	i Is;;::_:;;; V	-	"""
\Jec��ry/Assista:nt Secretary	Chc!irperson

-··· · ·-------

MYRTLE CREEK IMPROVEMENT DISTRICT

Paynwnt AuthorizaJjon #352
5/4/20 18 
Item
No.
Aqllatic W�ed Gon*roJ
May Waterway Service

BtightVieW Landscape Se.rvi<;es Zeme #2 Repair
Zone #1 Repair
Landficape Upgrade
Hopping Green & Sams
Genera] Legal Through 03/31/2018 

Michael'� Lighting & Elecfric
Night Lighting Check ()i, 04l30/;2li1 8

.p	Venturesln.co'rh
M9y Application Hosting

Invoice Nµrriber

24728

.5737371
5737372
5747748

99951

6089

4371 3

TOTAL

Chairpe.rson

l3eneral Fund

$	325,00

$	4so:oo
$	457.50
$ 33 ,16BA1

$ 2,907.34

$	81 .25

$	1 05.0,0

t------  ----  ---· . ·- ·-  - ___,

MYRTLE CREEK IMPROVEMENT DISTRICT

Recommendation of
Work Authorizations/Proposed Services
(if applicable)

MYRTLE CREEK IMPROVEMENT DISTRICT
Recommendation for Work Authorization / Proposed Services

Project Name: Performance Drive Extension - Phase 3 Brief Description: Asphalt core s and soft digs for design

Name ofConsultant Nendor:	Central Florida Locating, Inc.

ls tbis work pursuant to an existing Agreement? Ifso, name and date ofAgreement:

Lves	 	No

Is this project included in the District Capital Improvement Plan?

Are the services required contemplated in the Capital Improvement Plan?

Is this a continuation ofpreviously authorized work?

Yes
Yes
V"' Yes

---No
---No
---No

Proposal attached:	LYes

---No

Form of Agreement Uti lized:  Pr...;.o.._p__os;;;.;.a;.;..1

Amount ofServices:

Recommendation:

By:

c:		Jill Bums Jennifer Walden Tucker Mackie Jeffrey Newton

$	I, /t,5,, -oo
Approve	 	Deny

Central Florido Locating, Inc. ouCFL Geological Solutions

PO Box 1468
Bushneli FL 33513
833-229-2227
cfl-lnc.com

Date: Client: Attn:

6/7/18
Myrtle Creek Improvement District, 12051 Corporate Blvd, Orlando, FL 32817 Mr. Jeff Macre, Chairman

E-Mail: Scott E. Grossman, PSM, Senior Vice President, Donald W. McIntosh Associates, Inc. <sgrossman@dwma.com>
Project:  Lake Nona - Performance Drive Phase 3, Lake Nona Blvd, Orlando, FL	CHANGE ORDER 1

CFL Is submitting Change Order 1 for the additional fee associated with performing asphalt core bores with soft digs for the project referenced above. The change order fee Is In addition to the $2,500.00 previously approved on 12·18-17 for dirt softdigs.

COST
CHANGE ORDER 1- Additlonal Fee for Asphalt Core Bores with Soft Digs	$1,125.00

PAYMENT
A Lump Sum invoice will be submitted via e-mail to client.
Lump Sum amount is due in full with no Job retainage.
Payment not received within 30 days of date of invoice may result in legal actions.

Authorization for Change Order 1

Client: Myrtle Creek Improvement District	Date:    	

By:

Authorized Agent's Signature

Printed Name: _
Printed Name of Authorized Agent

Job Number/Name (If Applicable):._ 	
E·MAIL Address/or Client Invoice•.·_------------------------------

PLEASE E-MAIL EXECUTED DOCUMENT/PD/CONTRACT TD: Contracts@cfl-lnc.com

Innovative and Reliable Solutions

MYRTLE CREEK IMPROVEMENT DISTRICT

Review of District's Financial Position and Budget to Actual YTD

Revenues

Myrtle Creek Improvement District
Statement of Activities As of 5/31 /2018 

General Fund	Debt Service

ProCjeacptistaFlund

GeTneermralDLeobntg-	Total

On-Roll Assessments	$488,435.82	$488,435.82
Off-Roll Assessments	21,695.04	21,695.04
Other Income & Other Financing Sources	100.00	1 00.00

On-Roll Assessments	 		 $1 ,328,088.08  	 	
Total Revenues	$51 0,230.86	$1 ,328,088.08	$0.00
Expenses

$0.00

      1,328,088.08 
$1 ,838,31 8.94

Supervisor Fees	$6,800.00	$6,800.00
Public Officials' Liability Insurance	3,250.00	3,250.00
Trustee Services	8,361.40	8,361.40
Management	26,666.64	26,666.64
Engineering	7,056.25	7,056.25
Dissemination Agent	250.00	250.00
Property Appraiser	1,432.00	1 ,432.00
District Counsel	12,51 8.42	12,51 8.42
Assessment Administration	2,500.00	2,500.00
Audit	3,823.00	3,823.00
Travel and Per Diem	112.38	112.38
Telephone	247.40	247.40
Postage & Shipping	92.96	92.96
Copies	531 .00	531 .00
Legal Advertising	1,714.51	1,71 4.51
Miscellaneous	1,791 .00	1,791 .00
Property Taxes	123.22	123.22
Web Site Maintenance	858.00	858.00
Dues, Licenses, and Fees	175.00	175.00
Electric	464.02	464.02
Entry Lighting	92.75	92.75
Water Reclaimed	11 ,71 0.30	11 ,71 0.30
Aquatic Contract	2,600.00	2,600.00
General Liability Insurance	3,723.00	3,723.00
Irrigation	27,193.75	27,1 93.75
Landscaping Maintenance & Material	1 52,172.50	1 52,1 72.50
Tree Trimming	17,000.00	17,000.00
Flower & Plant Replacement	46,512.47	46,51 2.47
IME - Aquatics Maintenance	2,1 04.24	2,1 04.24
IME - Irrigation	1 ,603.11	1 ,603.11 
IME - Landscaping	52,369.09	52,369.09
IME - Lighting	1,357. 16	1,357.16 
IME - Water Reclaimed	739.42	739.42
Streetlights	6,976.44	6,976.44
Principal Payment - A1 Bond	$670,000.00	670,000.00
Interest Payments - A1 Bond	662,400.00		662,400.00 Engineering		$1 1 3,638.83	11 3,638.83
District Counsel	1, 837.50	1,837.50
Legal Advertising	61 3.74	61 3.74
Contingency	 		 		 	1 9,452.50 	 	19,452.50 
Total Expenses	$404,921.43	$1 ,332,400.00	$135,542.57	$0.00	$1, 872,864.00
other Revenues {Expenses} & Gains {Losses}

Interest Income	$2,295.48	$2,295.48
Interest Income	$7,792.32	7,792.32
Interest Income	 		 	 	$2, 1 59.15 	 	2,159.15 
Total Other Revenues (Expenses) & Gains (Losses)		$2,295.48	$7,792.32		$2,159.15	$0.00		$1 2,246.95 Change In Net Assets	$1 07,604.91	$3,480.40	($133,383.42)	$0.00	($22,298. 11) 
Net Assets At Beginning Of Year	 $583,394.47	 $1,1 25,828.24	 	$400,473.29 	$0.00      $2,1 09,696.00 

Net Assets At  End Of Year	$690,999.38	$1,129,308.64	$267,089.87	$0.00	$2,087,397.89

Myrtle C reek Improvement District
Statement of Financial Position As of 5/3 1 /20 18 

Current Assets

General Fund	Debt Service

Assets

ProCjeacptsitaFlund

GeTneerrmalDLeobntg-	Total

General Checking Account	$143,548.66								$1 43,548.66	
Money Market Account	41 6,766.40								416,766.40	
State Board of Administration	3,8 17.19 								3,817.19 	
US Bank Savings-Pond Reserve	1 0,436.72								10,436.72	
US Bank Savings-Road Reserve	1 0,436.72								1 0,436.72	
US Bank Savings-Cap. Reserve	1 02,597.17 								102,597. 17 	
Deposits	4,300.00								4,300.00	
Infrastructure Capital Reserve	30,581 .02								30,581 .02	
Interchange Maintenance Reserve	7,098.75								7,098.75	
Debt Service Reserve A2 Bond			$336, 170.06						336, 170.06	
Revenue A2 Bond			793,01 3.42						793,013.42	
Prepayment A2 Bond			1 25. 16 						1 25.16 	
Acquisition/Construction A2 Bond					$335,492.95				335,492.95	
Total Current Assets	$729,582.63		$1,1 29,308.64		$335,492.95		$0.00		$2, 1 94,384.22	

Investments

Amount Available in Debt Service Funds					$1,1 29,308.64		$1,1 29,308.64	
Amount To Be Provided					17,600,691 .36		17,600,691 .36	
Total Investments	$0.00	$0.00	$0.00		$1 8,730,000.00		$1 8,730,000.00	

Total Assets

Current Liabilities

$729,582.63	 $1,129,308.64	 	$335,492.95

Liabilities and Net Assets

 
     $18,730,000.00	 $20,924,384.22

Accounts Payable	$23,645.44						$23,645.44	
Due To Other Governmental Units	14,937.81						14,937.81	
Accounts Payable		
	$68,403.08				68,403.08	
Total Current Liabilities	$38,583.25	$0.00	$68,403.08		$0.00		$1 06,986.33	

Long Term Liabilities

$38,583.25

$0.00

$68,403.08

$1 8,730,000.00	$1 8,836,986.33

Revenue Bonds Payable - Long-Term				$1 8,730,000.00	$1 8,730,000.00	
Total Long Term Liabilities	$0.00	$0.00	$0.00	$1 8,730,000.00	$1 8,730,000.00	

Total Liabilities

Net Assets

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

$1 ,287, 1 26.00
(703,73 1.53)
1 07,604.91

$1,1 25,828.24
3,480.40

($41 7,951 .06)
81 8,424.35
(1 33,383.42)

$1 ,287, 1 26.00
(703,731 .53)
1 07,604.91
1,1 25,828.24
3,480.40
(417,95 1 .06)
81 8,424.35
(1 33,383.42)

Total Net Assets
Total Liabilities and Net Assets

 	 	
$690,999.38	$1,1 29,308.64	$267,089.87

 	 	
$729,582.63	$1,1 29,308.64	$335,492.95

 
$0.00	$2,087,397.89

 
$1 8,730,000.00	$20,924,384.22

Myrtle  Creek Improvement District
Budget to Actual
For the Month Ending 05/31 /201 8

YTD Actual	YTD Budget	YTD Variance	FY 201 8
Adopted Budget

Revenues

On-Roll Assessments	$	488,435.82		$	328,477.44		$	1 59,958.38		$ 492,716.16 	
Off-Roll Assessments	21 ,695.04		
		21 ,695.04		
	
Money Market Reserve			173,571 .63		(1 73,571 .63)		260,357.44	
Carry Forward Revenue (accrued)			20,000.00		(20,000.00)		30,000.00	
Other Income & Other Financing Sources	1 00.00		
		100.00		
	
Net Revenues	$	510,230.86		$	522,049.07		$	(1 1 ,81 8.21 )		$ 783,073.60	

Supervisor Fees	$	6,800.00	$	8,000.00	$	(1 ,200.00)	$	12,000.00	
Public Officials' Liability Insurance	3,250.00		2,383.33		866.67		3,575.00	
Trustee Services	8,361 .40		1,333.33		7,028.07		2,000.00	
Management	26,666.64		26,666.67		(0.03)		40,000.00	
Engineering	2,325.00		3,333.33		(1,008.33)		5,000.00	
Engineering (Public Facilities Report)	4,731 .25				4,731 .25			
Dissemination Agent	250.00		3,333.33		(3,083.33)		5,000.00	
Property Appraiser	1 ,432.00		2,000.00		(568.00)		3,000.00	
District Counsel	12,51 8.42		13,333.33		(81 4.91 )		20,000.00	
Assessment Administration	2,500.00		5,000.00		(2,500.00)		7,500.00	
Audit	3,823.00		2,650.00		1,1 73.00		3,975.00	
Arbitrage Calculation			600.00		(600.00)		900.00	
Travel and Per Diem	11 2.38		333.33		(220.95)		500.00	
Telephone	247.40		333.33		(85.93)		500.00	
Postage & Shipping	92.96		333.33		(240.37)		500.00	
Copies	531 .00		1,333.33		(802.33)		2,000.00	
Legal Advertising	1,714.51 		3,333.33		(1 ,61 8.82)		5,000.00	
Bank Fees			33.33		(33.33)		50.00	
Miscellaneous	1,791 .00		3,333.38		(1 ,542.38)		5,000.00	
Property Taxes	123.22		50.00		73.22		75.00	
Web Site Maintenance	858.00		833.33		24.67		1,250.00	
Dues, Licenses, and Fees	175.00		11 6.67		58.33		175.00	
Total General & Administrative Expenses	$	78,303.18 		$	78,666.68		$	(363.50)		$ 11 8,000.00	

General & Administrative Ex12enses Legislative

Financial & Administrative

Page 1  of 2

Myrtle Creek Improvement District
Budget to Actual
For the Month Ending 05/31 /2018 

YTD Actual	YTD Budget	YTD Variance	FY 2018
Adopted Budget

Field Operations Electric Utility Services
Electric	$	464.02	$	666.67	$	(202.65)	$	1,000.00
Entry Lighting	92.75	333.33	(240.58)	500.00

Water-Sewer Combination Services
Water Reclaimed	11 ,71 0.30	16,666.67	(4,956.37)	25,000.00	
Stormwater Control					
Mitigation Area		3,333.33	(3,333.33)	5,000.00	
Aquatic Contract	2,600.00	3,440.00	(840.00)	5,160.00	
Lake/Pond Repair Reserve		6,666.67	(6,666.67)	1 0,000.00	
Other Physical Environment					
Equipment Rental		3,333.33	(3,333.33)	5,000.00	
General Liability Insurance	3,723.00	3,333.33	389.67	5,000.00	
Property & Casualty Insurance		1, 000.00	(1,000.00)	1 ,500.00	
Auto Insurance		500.00	(500.00)	750.00	
Irrigation	27,1 93.75	6,666.67	20,527.08	1 0,000.00	
Landscaping Maintenance & Material	1 52,172.50	145,833.33	6,339. 17 	21 8,750.00	
Tree Trimming	17,000.00	1 3,333.33	3,666.67	20,000.00	
Flower & Plant Replacement	46,512.47	23,333.33	23, 1 79.14 	35,000.00	
Contingency	
	22,804.21	(22,804.21) 	34,206.31	
Interchange Maintenance Expenses					
IME - Aquatics Maintenance	2,104.24	2,226.00	(121 .76)	3,339.00	
IME - Irrigation	1 ,603. 11 	21 ,000.00	(1 9,396.89)	31 ,500.00	
IME - Landscaping	52,369.09	51 ,481 .08	888.01	77,221 .62	
IME - Lighting	1 ,357.16 	1,575.00	(2 17.84)	2,362.50	
IME - Miscellaneous	
	525.00	(525.00)	787.50	
IME - Water Reclaimed	739.42	2,1 00.00	(1 ,360'.58)	3,1 50.00	
New Operational Field Expenses					
Trail Benches	26,666.67	(26,666.67)	40,000.00	
Crosswalk Improvements	66,666.67	(66,666.67)	1 00,000.00	
Road & Street Facilities					
Entry and Wall Maintenance		8,000.00	(8,000.00)	12,000.00	
Streetlights	6,976.44	3,333.33	3,643. 11 	5,000.00	
Parks & Recreation					
Personnel Leasing Agreement	880.00	(880.00)	1 ,320.00	
Reserves					
Infrastructure Capital Reserve			6,777.78		(6,777.78)		10,166.67	
Interchange Maintenance Reserve			1 ,573.33		(1 ,573.33)		2,360.00	
Total General & Administrative Expenses	$	326,618.25		$	444,049.06		$ (117,430.81) 		$ 666,073.60	
Total Expenses	$	404,921.43	$	522,715.74	$ (117,794.31)	$ 784,073.60	
Income (Loss) from Operations	$	105,309.43	$	(666.67)	$	105,976.10 	$	(1 ,000.00)	
Other Income {Expense}								
Interest Income		$	2,295.48		$	666.67		$	1 ,628.81		$	1,000.00	
Total Other Income (Expense)		$	2,295.48		$	666.67		$	1,628.81		$	1,000.00	
Net Income (Loss)		$	107,604.91		$		$	1 07,604.91		$	

Page 2 of 2

Revenues

Myrtle Creek Improvement District
Budget to Actual
Forthe Month Ending 05/31 /2018 

Oct-1 7	Nov-1 7	Dec-1 7	Jan-18	Feb-18	Mar-1 8	Apr-1 8	May-18   I	YTD Actual

Off-Roll Assessments	21 ,695.04	21 ,695.04

On-Roll Assessments	$	$    31 ,096.1 5	$  315,387.61	$    19,810.14	$    94,61 1 .07	$    12,421.74	$    12,925.09	$	2,1 84.02    I   $  488,435.82
Money Market Reserve
Carryforward Revenue	20,848.97	(20,848.97)

,; _,;

OthNeertInRceovmeneu&esOther Financing Sources
C3eneral & Administrative Expen e Legislative

   $    20,848.97       $    10,247.18         $  315,387.61	$    1 9,91 0100..0140	$    94,61 '1 .07	$    34,11 6.78	$    12,925.09	$	2,1 84.02	$  51 0,21 0300..0806

FinSanupceiarvl i&soAr dFmeeinsistrative

$	800.00	$	800.00	$	1,000.00	$	800.00	$	800.00	$	1,000.00	$	1,000.00	$	600.00   I $	6,800.00

Trustee Services	8,361.40	8,361.40

Public Officials' Liability Insurance	3,250.00	3,250.00

Engineering	200.00	400.00	300.00	300.00	300.00	450.00	375.00	2,325 .00

Management	3,333.33	3,333.33	3,333.33	3,333.33	3,333.33	3,333.33	3,333.33	3,333.33	26,666.64

Property Appraiser	1 ,432.00

250.00

1 ,250.00

EDnisgsienemeinriantgio(nPAubgelicntFacilities Report)	2,680.00	2,051 .25	4,731.25

District Counsel	1 ,669.39	1, 08. 0	1 ,70 .32

,827.87	2,907.3

12 432.00

Assessment Administration	2, 00.00

4    5	5	4

4	,518.42

Audit

5
23.00	1,000.00	1, 00.00	1, 00.00

2,500.00

Arbitrage Calculation

5	3	3,823:oo

Telephone	45.21	27.93	96.52	62.39	4.17	11 .18	247.40

Travel and Per Diem	13.41	13.41	1 7.69	13.63	17.99	22.62	13.63 	11 2.38

Copies	43.50	55.50	67.50	1 26.00	84.00	85.50	69.00	531.00

Postage & Shipping	1.84	7.74	12.61	29.47	1 8.84	1 5.41	7.05 	92.96

Bank Fees

Legal Advertising	275.00	253.17	200.67	196.25	196.25	200.67	196.25	196.25	1 ,71 4.51

Property Taxes	1 23.22	123.22

Miscellaneous	1 ,791.00	16.47	(1 6.47)	1 ,791 .00

Dues, Licenses, and Fees	 	175.00 	 	 	 	 	 	 	 	175.00 

Web Site Maintenance	123.00	1 05.00	1 05.00	1 05.00	1 05.00	1 05.00	105.00	105.00	858.00
Total  General & Administrative Expenses	$   13,679.33	$  13,280.08	$	9,515.97	$	9,542.13	$	6,705.52	$	9,966.56	$	6,695.81	$	8,91 7.78	$ 78,303.18 Field Operations
Electric Utility Services
Electric	$	$	62.43	$	67.41	$	68.99	$	$	194.19	$	71 .00	$	-	$ 	464.02

WaEtenrt-rSyeLwigehrtiCngombination Services

13.27	13.48	14.12	38.30	13.58

I	92.75

StoWrmawtear tReercClaoimnterodl
Mitigation Area

1 ,058.1 4	1 ,307.88	(55.30)	6,985.02	2,41 4.56	-   I	11 ,71 0.30

Lake/Pond Repair Reserve

Aquatic Contract	325.00	325.00	325.00	325.00	325.00	325.00	325.00	325.00   I	2,600.00
Page 1  of 2

Myrtle Creek Improvement District
Budget to Actual
For the Month Ending 05/31 /2018 

Oct-17	Nov-17	Dec-17	Jan-18	Feb-1 8	Mar-1 8	Apr-1 8	May-18	YTD Actual

Other Physical Environment

General Liability Insurance	3,723.00	3,723.00-

Equipment Rental	-
Property & Casualty Insurance
Auto Insurance	-
Irrigation	650.75	1 83.75	3,819.50	4,725.25	7,596.75	9,31 0.25	907.50	27,193.75

Tree Trimming

17,000.00	17,000.00

Landscaping Maintenance & Material	17, 740.00	17,740.00	17,740.00	17,740.00	17,740.00	27,992.50	17,740.00	17,740.00	152, 1 72.50

Contingency

Flower & Plant Replacement	13,344.06	33,168.41	46,512.47-
Interchange Maintenance Expenses

IME - Irrigation	1,603.11	1 ,603.1 1

IME - Aquatics Maintenance	263.03	263.03	263.03	263.03	263.03	263.03	263.03	263.03	2, 1 04.24

IME - Lighting	303.74	58.16

IME - Landscaping	6,435.14	6,435.14	6,435. 14	6,435.14	12,870.27	6,435. 14	7,323.12	52,369.09

739.42

IME - Miscellaneous

62.74	572.02	232.79	127.71	1 ,357.16-
IME - Water Reclaimed	5.00	66.29	67.16	307.98	292.99
NewTraOipl Bereantciohensal Field Expenses	-
Crosswalk Improvements	-
Road & Street Facilities
Entry and Wall Maintenance	-

Parks & Recreation

Streetlights	731 .00	808.50	977.90	81 .25	3, 181.78	1,1 14.76	81 .25	6,976.44
Personnel Leasing Agreement	-
Contingency
Infrastructure Capital Reserve	-
Interchange Maintenance Reserve	-

Total Field Operations Expenses	$ 28,486.17	$ 28,881.87	$ 44,452.93	$ 29,712.83	$ 23,264.43	$ 60,326.84	$ 51 ,264.17	$ 60,229.01	$ 326,618.25	
Tota! Er.:penses	$ 42,165.50	
$ 42,1 61.95	
$ 53,968.90	
$ 39,254.96	
$ W,969.95	
$ 70,293.40	$ 57,959.9B	
�146.79	    $ 404,921.43	
Income  (Loss) from Operations	$ (21,316.53)	$ (31,91 4.77)	$ 261,418.71	$  (19,344.82)	$   64,641 .12	$ (35,176.62)	$ (45,034.89)	$ (66,962.17)	$ 105,309.43
Other Income (Expense)

Interest Income	 $	51.16    $	48.55     $	175.35     $	58.42      $	49.99     $	1,872.82     $	19.82	$	$	2,295.48

Total Other Income (Expense)
I

$	51.16	$

$	175.35	$	58.42	$	49.99	$	1,872.82	$	19.82	$

$	2,295.48

Net Income (Loss)	$ (21 ,265.37)	$ (31 ,866.22)	$ 261 ,594.06	$ (19,286.40)	$   64,691 .1 1	$ (34,303.80)	$ (45,015.07)	$ (66,943.40)	$ 107,604.91

Page 2 of 2

Myrtle Creek Improvement District Construction Tracking - early June

Series 201 6 Bond Issue
Original Construction Fund
Additions (Interest, Transfers from DSR, etc.) Cumulative Draws Through Prior Month

Amount

$	51 3,425.32
3,535.57

Construction Funds Available

Requisitions This Month	$	267,089.87	
Requisition #504: Hopping Green & Sams	$	(405.50)	
Requisition #505: Donald W. McIntosh Associates	$	(1 ,953. 06)	
Requisition #506: Orlando Sentinel		

-(-2-4-9-,8-7-1-.-0-2)

Total Requisitions This Month

Funds Remaining

(69 . 1 6)

----------

$

-----------
$	-------(--2--,4--2--7--.--7-2-)
$	264,662.15 

Committed Funding

Performance Drive Phase 3 - August bid and October NTP $ Total Committed	$

June 9, 2018 

----------
----------