Myrtle Creek Improvement District
3501 Quadrangle Boulevard, Suite 270, Orlando, FL 32817; Phone: 407-723-5900 www.myrtlecreekid.org

The following is the proposed agenda for the upcoming Meeting of the Board of Supervisors for the Myrtle Creek Improvement District (“District”), scheduled to be held at 5:00 p.m. on Tuesday, September 21, 2021 at Courtyard Orlando Lake Nona, 6955 Lake Nona Blvd, Orlando, FL 32827. A quorum will be confirmed prior to the start of the meeting.

District Staff, please use the following information to join via the computer or the conference line:

Phone: 1-844-621-3956	Computer: pfmgroup.webex.com	Participant Code: 796 580 192#

BOARD OF SUPERVISORS’ MEETING AGENDA

Organizational Matters
Roll Call to Confirm a Quorum
Public Comment Period
Consideration of the Minutes of the August 17, 2021 Board of Supervisors’ Meeting
Consideration of Resolution 2021-08, Designating Registered Agent
Consideration of Resolution 2021-09, Designating Primary Administrative Office and Local Records Office

Business Matters
Discussion regarding Receipt of Funds in connection with Conveyance of Interchange Pond Acreage
Discussion regarding Recommendation on District Reserves
Ratification of Operation and Maintenance Expenditures Paid in August 2021 in an amount totaling $202,981.42
Recommendation of Work Authorization/Proposed Services (if applicable)
Review of District’s Financial Position and Budget to Actual YTD

Other Business
Staff Reports
District Counsel
District Manager
District Engineer
Construction Supervisor
Landscape Supervisor
Irrigation Supervisor
Supervisor Requests

Adjournment

MYRTLE CREEK IMPROVEMENT DISTRICT

Minutes of the August 17, 2021 Board of Supervisors’ Meeting

MYRTLE CREEK IMPROVEMENT DISTRICT BOARD OF SUPERVISORS’ MEETING MINUTES

FIRST ORDER OF BUSINESS	Roll Call to Confirm a Quorum

The Board of Supervisors’ Meeting for the Myrtle Creek Improvement District was called to order on Tuesday, August 17, 2021, at 5:00 p.m. at the Courtyard Orlando Lake Nona, 6955 Tavistock Lakes Blvd, Orlando, FL 32827.

Present:

Bob da Silva	Chairman		
Kam Shenai	Vice Chairman		
John Lynaugh	Assistant Secretary		
Marsha Leed	Assistant Secretary		
Kyle Scholl	Assistant Secretary	(via phone)	
Also attending:			
Jennifer Walden	PFM		
Amanda Lane	PFM	(via phone)	
Tucker Mackie	Hopping Green & Sams		
Jeff Newton	Donald W. McIntosh Associates, Inc.		
Larry Kaufmann	Construction Supervisor & Construction Committee Member
(via phone)
Scott Thacker	District Landscape Supervisor
Chris Wilson	Construction Committee Member
Matt McDermott	Construction Committee Member

SECOND ORDER OF BUSINESS	Public Comment Period

Ms. Walden called for public comments. There were no public comments at this time.

THIRD ORDER OF BUSINESS	Consideration of the Minutes of the July 20, 2021, Board of Supervisors’ Meeting

Board Members reviewed the minutes from the July 20, 2021, Board of Supervisors’ Meeting.

On Motion by Mr. da Silva, second by Mr. Shenai, with all in favor, the Board of Supervisors for the Myrtle Creek Improvement District approved the Minutes of the July 20, 2021, Board of Supervisors’ Meeting.

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FOURTH ORDER OF BUSINESS	Consideration of Resolution 2021-05, Approving an Annual Meeting Schedule for Fiscal Year 2022

Ms. Walden recommended the same schedule as 2021, which is the third Tuesday of every month at the Courtyard Orlando Lake Nona at 5:00 p.m. She noted District staff is recommending moving the December meeting up one week because the third week is the week of Christmas.

On Motion by Mr. Shenai, second by Mr. da Silva, with all in favor, the Board of Supervisors for the Myrtle Creek Improvement District approved Resolution 2021-05, Approving an Annual Meeting Schedule for Fiscal Year 2022.

FIFTH ORDER OF BUSINESS	Consideration of Construction Committee Recommendations for Request for Qualifications from Contractors Interested in Providing	Construction Services for Master Infrastructure Improvements

Mr. Kaufmann noted a memo is attached to the agenda package that was written by the Constriction Committee for the RFQ that was sent out for all five Lake Nona Districts. The Districts received 10 responses to the RFQ. After analysis of the responses, it is the recommendation of the Construction Committee that all 10 be prequalified for Master Infrastructure Improvements with the condition that Garney Companies, Inc. be approved only for utilities and Phillips & Jordan, Inc. only be approved for earthwork since their responses to the RFQ demonstrated experience in primarily in those areas.

(per the graphic attached to these minutes)
Mr. Lynaugh asked about the deficiencies for some of the companies related to their surety rating and insurance certificates. Ms. Mackie stated District staff is following up with those Contractors and those items are a matter of fact and something that can be verified, such as whether or not their surety company is authorized to do business in the state of Florida.

On Motion by Mr. Shenai, second by Mr. Lynaugh, with all in favor, the Board of Supervisors for the Myrtle Creek Improvement District accepted the Construction Committee’s recommendation to prequalify for Master Infrastructure Improvements all 10 Contractors with the condition that Garney Companies, Inc. be prequalified only for utilities and Phillips & Jordan, Inc only be prequalified for earthwork, waiving the minor deficiencies and subject to District Staff contacting Contractors to resolve deficiencies.

SIXTH ORDER OF BUSINESS	Public Hearing on the Adoption of the District’s Annual Budget
Public Comments and Testimony
Board Comments

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Consideration	of Resolution 2021-06, Adopting the Fiscal Year 2022 Budget and Appropriating Funds

Ms. Walden noted the District noticed the public hearing pursuant to Florida Statutes and requested a motion to open the public hearing.

On Motion by Mr. da Silva, second by Mr. Lynaugh, with all in favor, the Board of Supervisors for the Myrtle Creek Improvement District opened the Public Hearing.

Ms. Walden stated the budget is an exhibit to the Resolution and it is the same overall budget that the Board approved in preliminary form back in May. There were no questions or comments on the budget so, Ms. Walden requested a motion to close the public hearing.

On Motion by Mr. da Silva, second by Mr. Lynaugh, with all in favor, the Board of Supervisors for the Myrtle Creek Improvement District closed the Public Hearing.

Ms. Walden requested a motion to approve Resolution 2021-06.

On Motion by Mr. Lynaugh, second by Mr. Shenai, with all in favor, the Board of Supervisors for the Myrtle Creek Improvement District approved Resolution 2021-06, Adopting the Fiscal Year 2022 Budget and Appropriating Funds.

SEVENTH ORDER OF BUSINESS	Consideration of Resolution 2021-07, Adopting an Assessment Roll for Fiscal Year 2022 and Certifying Special Assessments for Collection

Ms. Walden explained the Resolution will impose the Special Assessments for Fiscal Year 2022 based on the budgets that were just adopted. She noted that the residential parcels came down a couple of dollars over last year depending on the lot type.

Ms. Walden requested a motion to approve Resolution 2021-07.

On Motion by Mr. da Silva, second by Mr. Shenai, with all in favor, the Board of Supervisors for the Myrtle Creek Improvement District approved Resolution 2021-07, Adopting an Assessment Roll for Fiscal Year 2022 and Certifying Special Assessments for Collection.

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EIGHTH ORDER OF BUSINESS	Ratification of Operation and Maintenance Expenditures Paid in July 2021 in an amount totaling $41,401.30

The Board reviewed Operations and Maintenance Expenditures paid in July 2021 in an amount totaling
$41,401.30. Ms. Walden noted that these have already been approved and need to be ratified by the Board.

On Motion by Mr. da Silva, second by Ms. Leed, with all in favor, the Board of Supervisors for the Myrtle Creek Improvement District ratified Operations and Maintenance Expenditures paid in July 2021 in an amount totaling $41,401.30.

NINTH ORDER OF BUSINESS	Recommendation	of	Work	
Authorization/Proposed	
	Services		
There were no Work Authorizations for this District.			

TENTH ORDER OF BUSINESS	Review of District’s Financial Position and Budget to Actual YTD

The Board reviewed the District Financial Statements through July 31, 2021. The total expenses for the District are $501,000.00 vs. an overall budget of $919,000.00. The District is under budget and tracking to stay under budget. No action is required by the Board.

Mr. Shenai stated it looks like the District irrigation is under control. Mr. Thacker stated that construction is done in that area and things are back to normal. Mr. Shenai noted the District set aside $121,000.00 for two months of landscaping and asked Mr. Thacker if the District was on track. Mr. Thacker said yes.

Mr. Da Silva asked if the District recently installed the palm trees at Lake Nona Blvd. from Village Walk to the Enclave crossing. Mr. McDermott said yes. Mr. Da Silva asked if the Sable Palms were salvaged. Mr. McDermott stated they are always salvaged.

Mr. Shenai commented for Fiscal Year 2021 and Fiscal Year 2022 the District budgeted $125,000.00 for flower and plant replacement and on average the District has spent $50,000.00. He asked if the District will be back to spending $50,000.00 for that line item. Mr. McDermott stated the District is catching up and getting ahead so in 2023 the District is likely to spend under $50,000.00.

Ms. Leed asked about the cashflow which the District has substantially more than one year ago. She asked if there are large expenses coming in the next two months. Ms. Walden stated the amount the District had cash on hand a year ago was carry forward to offset the first two months of the next Fiscal Year because assessments do not come in until December. There are some significant things that are estimated to hit the budget before the end of Fiscal Year 2021.

ELEVENTH ORDER OF BUSINESS	Staff Reports

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District Counsel –	Ms. Mackie noted that she was able to speak to Felix. They have indicated
they achieved substantial completion and are still holding firm they are still waiting for their change orders to be approved by the County before payment. Ms. Mackie suggested the Board prepare a complaint to send to Orange County and they can apply pressure to Felix to the extent possible and that ultimately it would be Orange County who would be responsible for making those payments. They can seek reimbursement or indemnification through their Construction Contract with Felix. Mr. da Silva asked what the cost is to move forward. Ms. Mackie replied that
$37,000.00 is the outstanding irrigation amount and the cost to prepare the complaint could be limited to a not-to-exceed amount of $5,000.00. The Board discussed whether or not to file the complaint yet given the work is in substantial completion.

Mr. Wilson explained Orange County has gone on record stating they are not going to authorize Felix a change order for this work because they do not feel it is their responsibility. There is going to be a long term of litigation for liquidated damages related to this project which could stretch out for a long time as parties try to negotiate it down. Ms. Mackie stated the likelihood of the District recovering these costs is fairly minimal. Mr. Lynaugh wanted to write off the cost and be done with this. Mr. Da Silva said he was not ready to do that but suggested the Board table the action. Ms. Leed asked if the District can declare a loss like a business. Ms. Mackie stated the District already spent these funds and is just seeking reimbursement. She added that, thanks to Mr. Thacker and Mr. Wilson, at some point Felix started directly contracting with the District landscape and irrigation vendors and from that point forward the District did not have to pay directly for those costs.

On Motion by Mr. Lynaugh, second by Ms. da Silva, with all in favor, the Board of Supervisors for the Myrtle Creek Improvement District tabled filing the complaint letter.

District Manager –	Ms. Walden noted the next meeting is scheduled for Tuesday, September 21, 2021.	

District Engineer –	
No Report	
Construction Supervisor –	Mr. Kaufmann stated the Construction Committee is trying to get OUC to repair the streetlights on Lake Nona Blvd. in the Myrtle Creek District and have been unsuccessful to date. He noted it may be advantageous for residents to call OUC and complain about the lights being out. If he cannot get a response from OUC in the next couple of weeks he might ask some individuals to call and complain. Mr. Kaufmann stated he will get a pole
number listing to Ms. Walden who can provide to the Board.	

District Landscape Supervisor- No Report.

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Irrigation Supervisor-	No Report

TWELFTH ORDER OF BUSINESS	Supervisor	Requests	& Adjournment

Mr. Shenai requested a discussion of the reserves to be a formal agenda topic for the next meeting and recommendations for that amount.

There were no additional comments, so Ms. Walden requested a motion to adjourn.

On Motion by Mr. Shenai, second by Mr. Lynaugh, with all in favor, the August 17, 2021 meeting of the Board of Supervisors for the Myrtle Creek Improvement District was adjourned.

 	_ 		 	_ 	
Secretary/Assistant Secretary	Chair/Vice Chair

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MYRTLE CREEK IMPROVEMENT DISTRICT

Resolution 2021-08, Designating Registered Agent

RESOLUTION 2021-08

A RESOLUTION OF THE BOARD OF SUPERVISORS OF MYRTLE CREEK IMPROVEMENT DISTRICT DESIGNATING A REGISTERED AGENT AND REGISTERED OFFICE OF THE DISTRICT AND PROVIDING FOR AN EFFECTIVE DATE.

WHEREAS, Myrtle Creek Improvement District (hereinafter the “District”) is a local unit of special-purpose government created and existing pursuant to Chapter 190, Florida Statutes, being situated entirely within the City of Orlando, Florida; and

WHEREAS, the District is statutorily required to designate a registered agent and a registered office location for the purposes of accepting any process, notice, or demand required or permitting by law to be served upon the District in accordance with Section 189.014(1), Florida Statutes.

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF MYRTLE CREEK IMPROVEMENT DISTRICT:

Section 1. Jennifer Walden is hereby designated as Registered Agent for the Myrtle Creek Improvement District.

Section 2. The District's Registered Office shall be located at 3501 Quadrangle Boulevard, Suite 270, Orlando, Florida 32817.

Section 3. In accordance with Section 189.014, Florida Statutes, the District’s Secretary is hereby directed to file certified copies of this resolution with Orange County and the Florida Department of Economic Opportunity.

Section 4. This Resolution shall become effective immediately upon adoption.

PASSED AND ADOPTED this 21st day of September, 2021.

ATTEST:	MYRTLE CREEK IMPROVEMENT DISTRICT

Secretary/Assistant Secretary	Chairperson

MYRTLE CREEK IMPROVEMENT DISTRICT

Resolution 2021-09,
Designating Primary Administrative Office and Local Records Office

RESOLUTION 2021-09

A RESOLUTION BY THE BOARD OF SUPERVISORS OF THE MYRTLE CREEK IMPROVEMENT DISTRICT DESIGNATING THE PRIMARY ADMINISTRATIVE OFFICE AND PRINCIPAL HEADQUARTERS OF THE DISTRICT; DESIGNATING THE LOCATION OF THE LOCAL DISTRICT RECORDS OFFICE; AND PROVIDING AN EFFECTIVE DATE.

WHEREAS, the Myrtle Creek Improvement District (the “District”) is a local unit of special- purpose government created and existing pursuant to Chapter 190, Florida Statutes, being situated entirely within the City of Orlando, Florida; and

WHEREAS, the District desires to designate its primary administrative office as the location where the District’s public records are routinely created, sent, received, maintained, and requested, for the purposes of prominently posting the contact information of the District’s Record’s Custodian in order to provide citizens with the ability to access the District’s records and ensure that the public is informed of the activities of the District in accordance with Chapter 119, Florida Statutes; and

WHEREAS, the District also desires to specify the location of the District’s principal headquarters for the purpose of establishing proper venue under the common law home venue privilege applicable to the District; and

WHEREAS, the District is statutorily required to designate a local district records office location for the purposes of affording citizens the ability to access the District’s records, promoting the disclosure of matters undertaken by the District, and ensuring that the public is informed of the activities of the District in accordance with Chapter 119 and Section 190.006(7), Florida Statutes.

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE MYRTLE CREEK IMPROVEMENT DISTRICT:

SECTION 1. The District’s primary administrative office for purposes of Chapter 119, Florida Statutes, shall be located at 3501 Quadrangle Boulevard, Suite 270, Orlando, Florida 32817.

SECTION 2. The District’s principal headquarters for purposes of establishing proper venue shall be located at 3501 Quadrangle Boulevard, Suite 270, Orlando, Florida 32817, within Orange County, Florida.

SECTION 3. The District’s local records office shall be located at 3501 Quadrangle Boulevard, Suite 270, Orlando, Florida 32817.

SECTION 4.	This Resolution shall take effect immediately upon adoption.

PASSED AND ADOPTED THIS 21st day of September, 2021.

ATTEST:	MYRTLE CREEK IMPROVEMENT DISTRICT

Secretary/Assistant Secretary	Chairperson, Board of Supervisors

MYRTLE CREEK IMPROVEMENT DISTRICT

Discussion regarding Receipt of Funds in connection with Conveyance of Interchange Pond Acreage

MYRTLE CREEK IMPROVEMENT DISTRICT

Discussion regarding Recommendation on District Reserves

MYRTLE CREEK IMPROVEMENT DISTRICT

Operation and Maintenance Expenditures Paid in August 2021 in an amount totaling $202,981.42

MYRTLE CREEK IMPROVEMENT DISTRICT
DISTRICT OFFICE ● 3501 QUADRANGLE BLVD STE 270 ● ORLANDO, FL 32817 PHONE: (407) 723-5900 ● FAX: (407) 723-5901

Operation and Maintenance Expenditures For Board Approval

Attached please find the check register listing Operations and Maintenance expenditures paid from August 1, 2021 through August 31, 2021. This does not include expenditures previously approved by the Board.

The total items being presented:       $202,981.42

Approval of Expenditures:

 	 Chairman

 	 Vice Chairman

 	 Assistant Secretary

  : :  				Myrtle Creek mprovement District
                  (       b       )
           :                      	    :  	
Check o.	Date	Status*	Vendor D	Payee ame	Amount	

 A   D: S   C T AT O AL  A  

                  

    	        	 		      	                   	         	

    	        	 		      	                             	          	

    	        	 		      	                	       	
    	        	 	       	      	                	(      )	

    	        	 		     	                    	         	
    	        	 		      	    b      	       	

    	        	 		     	                             	       	

    	        	 		      	                	       	
    	        	 		      	                             	         	
					 A S REG STER TOTAL:	$2 ,998.97	
					GRA D TOTAL :	$2 ,998.97	

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

By Amanda Lane at 8:47 am, Jul 12, 2021

MYRTLE CREEK IMPROVEMENT DISTRICT

Funding Request #092

7/2/2021

Item	
Payee	
Invoice	
General	
No.		Number	Fund	

1	
Cepra Landscape
Wellspring July Landscaping	

26228	

$ 2,708.00	
		
TOTAL	
$ 2,708.00	

Myrtle Creek Improvement District c/o PFM Group Consulting
12051 Corporate Boulevard
Orlando, FL 32817
(407) 723-5900

MYRTLE CREEK IMPROVEMENT DISTRICT

Payment Authorization #499
7/9/2021

Item	

Payee	

Invoice	

General	
No.		Number	Fund	

1	
Berman Construction			
	July Administrator & Irrigation Specialist	13320	$  3,000.01	
2	Donald W McIntosh Associates			
	Engineering Services Through 06/18/2021	41294	$	696.00	
3	Hopping Green & Sams			
	General Counsel Through 05/31/2021	123590	$  3,073.01	

4	ouc
Service 06/02/2021 - 07/02/2021	

Acct: 4782400001	

$ 4,442.03	
		
TOTAL	
$11,211.05	

tt cf:@Jd,,j
r: sistant Secretary	Chairperson

	 RECEIVED JUL 1 3 2021

MYRTLE CREEK IMPROVEMENT DISTRICT

Funding Request #093

7/9/2021

Item	
Payee	
Invoice	
General	
No.		Number	Fund	

1	
Boggy Creek Improvement District
Reimbursment for Construction-Related Legal Advertising on Req 200	

OSC38474420	

$	67.81	
2	Orlando Utilities Commission
11728 Wellspring Drive (05/03/2021 - 06/02/2021)	
--	
$	378.12	
	11883 Wellspring Drive (05/03/2021 - 06/02/2021)	--	$	704.25	
	11728 Wellspring Drive (06/02/2021 - 07/02/2021)	--	$	212.58	
	11883 Wellspring Drive (06/02/2021 - 07/02/2021)	--	$	435.40	
		
TOTAL	
$ 1,798.16	

Myrtle Creek Improvement District c/o PFM Group Consulting
12051 Corporate Boulevard
Orlando, FL 32817
(407) 723-5900

Amanda Lane

From:	Larry Kaufmann <lkaufmann@tavistock.com>
Sent:	Saturday, July 10, 2021 12:03 PM
To:	Amanda Lane; Damon Ventura; AccountsPayable
Subject:	RE: Myrtle Creek - FR #93

ALERT: This message is from an external source.BE CAUTIOUS before clicking any link or attachment

MCID FR#93 is approved for processing

KDS
Kaufmann Development Services, LLC Larry Kaufmann
(407) 448‐6592
lkaufmann@tavistock.com

From: Amanda Lane <lanea@pfm.com>
Sent: Saturday, July 10, 2021 11:24 AM
To: Damon Ventura <dventura@tavistock.com>; AccountsPayable <accountspayable@tavistock.com>
Cc: Larry Kaufmann <lkaufmann@tavistock.com>
Subject: Myrtle Creek ‐ FR #93

EXTERNAL E-MAIL
Please see attached for Myrtle Creek FR #93 for $1,798.16. Amanda Lane
Assistant Chief District Accountant

PLEASE NOTE: Effective July 30, 2021, our new physical and mailing address will change to: 3501 Quadrangle Boulevard, Suite 270 | Orlando, FL 32817
Our phone numbers and fax number will remain the same.

PFM Group Consulting LLC LaneA@pfm.com | web pfm.com
phone 407.723.5900 (direct phone 407.723.5925) | fax 407.723.5901 12051 Corporate Blvd. | Orlando, FL 32817

1

By Amanda Lane at 11:16 am, Jul 20, 2021

MYRTLE CREEK IMPROVEMENT DISTRICT

Payment Authorization #500	
7/16/2021				
Item	Payee	Invoice	General	
No.		Number	Fund	

1	Boggy Creek Improvement District
June ICM Expenses	ICM2021-09	$ 7,208.47

TOTAL	$ 7,208.47

Secretary/Assistant Secretary	Chairperson

By Amanda Lane at 4:27 pm, Jul 22, 2021

By Amanda Lane at 1:11 pm, Aug 09, 2021

By Amanda Lane at 1:34 pm, Aug 16, 2021

MYRTLE CREEK IMPROVEMENT DISTRICT

Funding Request #094	
8/6/2021					
Item	Payee	Invoice	General	
No.		Number		Fund	

1	
Cepra Landscape				
	Wellspring August Landscaping	26974	$	2,708.00	
2	Donald W McIntosh Associates				
	Wellspring Engineering Services Through 07/16/2021	41406	$	187.50	
		
TOTAL	
$	
2,895.50	

Myrtle Creek Improvement District c/o PFM Group Consulting
12051 Corporate Boulevard
Orlando, FL 32817
(407) 723-5900

Amanda Lane

From:	Larry Kaufmann <lkaufmann@tavistock.com>
Sent:	Sunday, August 8, 2021 3:32 PM
To:	Amanda Lane; Damon Ventura; AccountsPayable
Subject:	RE: Myrtle Creek - FR #94
Attachments:	MCID FR #094.pdf

ALERT: This message is from an external source.BE CAUTIOUS before clicking any link or attachment

MCID FR #94 is approved for processing.

KDS
Kaufmann Development Services, LLC Larry Kaufmann
(407) 448‐6592
lkaufmann@tavistock.com

From: Amanda Lane <lanea@pfm.com>
Sent: Friday, August 6, 2021 6:15 PM
To: Damon Ventura <dventura@tavistock.com>; AccountsPayable <accountspayable@tavistock.com>
Cc: Larry Kaufmann <lkaufmann@tavistock.com>
Subject: Myrtle Creek ‐ FR #94

EXTERNAL E-MAIL
Please see attached for Myrtle Creek FR #94 for $2,895.50. Amanda Lane
Assistant Chief District Accountant

PFM Group Consulting LLC LaneA@pfm.com | web pfm.com
phone 407.723.5900 (direct phone 407.723.5925) | fax 407.723.5901
3501 Quadrangle Blvd., Ste. 270 | Orlando, FL 32817 (New address as of July 29, 2021)

1

MYRTLE CREEK IMPROVEMENT DISTRICT

Work Authorization/Proposed Services
(if applicable)

MYRTLE CREEK IMPROVEMENT DISTRICT

District’s Financial Position and Budget to Actual YTD

Myrtle Creek Improvement District
Statement of Financial Position As of 8/31/2021

General Fund	Debt Service

Capital Projects Fund

General Long-	Total Term Debt

	Assets			
Current Assets
General Checking Account	

$519,046.48				
Money Market Account	68,797.62				
State Board of Administration	3,998.86				
Assessments Receivable	2,157.68				
Deposits	4,300.00				
General Reserve	168,548.23				
Assessments Receivable			$3,363.53		
Debt Service Reserve			335,045.73		
Revenue			870,272.80		
Prepayment			5,962.69		
Sinking Fund A2 Bond			20,000.03		
Due From Other Funds				$44.50	
Acquisition/Construction				401,923.62	
Total Current Assets	$766,848.87		$1,234,644.78		$401,968.12	

 	 

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

Total Assets

Current Liabilities Accounts Payable Due To Other Funds
Due To Other Governmental Units Deferred Revenue
Deferred Revenue Accounts Payable
Total Current Liabilities

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

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

Total Net Assets

Total Liabilities and Net Assets

$0.00	$0.00

$766,848.87	$1,234,644.78

Liabilities and Net Assets

$29,925.63

44.50
6,945.47
2,157.68

$39,073.28		

$3,363.53

$3,363.53	
$0.00		$0.00	
$39,073.28		$3,363.53	

$1,283,864.48 (766,106.07)
210,017.18		

$1,219,165.38
12,115.87	
$727,775.59		$1,231,281.25	
			
$766,848.87		$1,234,644.78	

Page 1 of 1

$0.00

$401,968.12

$0.00

$1,231,281.25 15,273,718.75
$16,505,000.00

$16,505,000.00		$519,046.48 68,797.62
3,998.86
2,157.68
4,300.00
168,548.23
3,363.53
335,045.73
870,272.80
5,962.69
20,000.03
44.50
401,923.62
$2,403,461.77

$1,231,281.25 15,273,718.75
$16,505,000.00

$18,908,461.77	

$0.00

$16,505,000.00
$16,505,000.00

$16,505,000.00		

$29,925.63
44.50
6,945.47
2,157.68
3,363.53
44.50
$42,481.31

$16,505,000.00
$16,505,000.00

$16,547,481.31	

$0.00

$16,505,000.00		

$1,283,864.48 (766,106.07)
210,017.18

1,219,165.38
12,115.87

(417,951.06)
819,854.15
20.53

$2,360,980.46

$18,908,461.77	

$44.50

$44.50

$0.00

$44.50

($417,951.06) 819,854.15
20.53

$401,923.62

$401,968.12

Myrtle Creek Improvement District
Statement of Activities As of 8/31/2021	
	
General Fund	
Debt Service	
Capital Projects Fund	
General Long- Term Debt	
Total	

Revenues						
On-Roll Assessments	$855,119.90				$855,119.90	
Developer Contributions	52,369.96				52,369.96	
Other Income & Other Financing Sources	0.23				0.23	
On-Roll Assessments		$1,333,022.38			1,333,022.38	
Other Assessments		6,024.33			6,024.33	
Developer Contributions			$1,080.12		1,080.12	
Total Revenues	

$907,490.09	

$1,339,046.71	

$1,080.12	

$0.00	

$2,247,616.92	
Expenses						
Supervisor Fees	$9,400.00				$9,400.00	
Public Officials' Liability Insurance	3,498.00				3,498.00	
Trustee Services	7,436.91				7,436.91	
Management	37,291.65				37,291.65	
Engineering	6,461.00				6,461.00	
Dissemination Agent	1,500.00				1,500.00	
Property Appraiser	1,443.00				1,443.00	
District Counsel	19,820.07				19,820.07	
Assessment Administration	7,500.00				7,500.00	
Audit	3,625.00				3,625.00	
Travel and Per Diem	62.96				62.96	
Postage & Shipping	142.23				142.23	
Legal Advertising	3,831.26				3,831.26	
Miscellaneous	230.22				230.22	
Property Taxes	2,147.39				2,147.39	
Web Site Maintenance	2,275.00				2,275.00	
Holiday Decorations	500.00				500.00	
Dues, Licenses, and Fees	175.00				175.00	
Electric	1,302.28				1,302.28	
Entry Lighting	226.19				226.19	
Water Reclaimed	26,042.22				26,042.22	
Aquatic Contract	3,575.00				3,575.00	
General Liability Insurance	4,007.00				4,007.00	
Irrigation	35,684.45				35,684.45	
Landscaping Maintenance & Material	218,734.89				218,734.89	
Tree Trimming	25,900.00				25,900.00	
Flower & Plant Replacement	141,746.76				141,746.76	
Contingency	5,594.43				5,594.43	

Page 1 of 2

Myrtle Creek Improvement District
Statement of Activities As of 8/31/2021

	Fund		Term Debt		
IME - Aquatics Maintenance	2,893.33								2,893.33	
IME - Irrigation	1,961.14								1,961.14	
IME - Landscaping	71,934.98								71,934.98	
IME - Lighting	610.73								610.73	
IME - Miscellaneous	3,632.18								3,632.18	
IME - Water Reclaimed	488.81								488.81	
Equipment Repair & Maintenance	1,257.00								1,257.00	
Pest Control	1,405.00								1,405.00	
Streetlights	10,761.62								10,761.62	
Personnel Leasing Agreement	33,000.11								33,000.11	
Principal Payments			$750,000.00						750,000.00	
Interest Payments			577,000.00						577,000.00	
Engineering					$187.50				187.50	
Legal Advertising					892.62				892.62	
Total Expenses	$698,097.81		$1,327,000.00		$1,080.12		$0.00		$2,026,177.93	

General Fund	Debt Service	Capital Projects

General Long-

Total

Other Revenues (Expenses) & Gains (Losses)

Interest Income	$624.90								$624.90	
Interest Income			$67.96						67.96	
Dividends Income			1.20						1.20	
Interest Income					$20.06				20.06	
Dividends Income					0.47				0.47	
Total Other Revenues (Expenses) & Gains (Losses)	$624.90		$69.16		$20.53		$0.00		$714.59	

Change In Net Assets	$210,017.18		$12,115.87		$20.53		$0.00		$222,153.58	

Net Assets At Beginning Of Year	
$517,758.41		
$1,219,165.38		
$401,903.09		
$0.00		
$2,138,826.88	

Net Assets At End Of Year	

$727,775.59		

$1,231,281.25		

$401,923.62		

$0.00		

$2,360,980.46	

Page 2 of 2

Myrtle Creek Improvement District
Budget to Actual
For the Month Ending 08/31/2021

		Actual		Budget		Variance	FY 2021
Adopted Budget	

Revenues
On-Roll Assessments Developer Contributions
Other Income & Other Financing Sources
Net Revenues	

$	

855,119.90
52,369.96
0.23	

$	

787,234.98
48,121.33
-	

$	

67,884.92
4,248.63
0.23	

$	858,801.80
52,496.00
-	
	$	907,490.09	$	835,356.31	$	72,133.78	$	911,297.80	
General & Administrative Expenses								
Legislative								
Supervisor Fees	$	9,400.00	$	11,000.00	$	(1,600.00)	$	12,000.00	
Financial & Administrative								
Public Officials' Liability Insurance		3,498.00		3,666.67		(168.67)	4,000.00	
Trustee Services		7,436.91		9,166.67		(1,729.76)	10,000.00	
Management		37,291.65		36,666.67		624.98	40,000.00	
District Engineering		6,461.00		9,166.67		(2,705.67)	10,000.00	
Dissemination Agent		1,500.00		6,416.67		(4,916.67)	7,000.00	
Property Appraiser		1,443.00		1,833.33		(390.33)	2,000.00	
District Counsel		19,820.07		22,916.67		(3,096.60)	25,000.00	
Assessment Administration		7,500.00		6,875.00		625.00	7,500.00	
Reamortization Schedules		-		229.17		(229.17)	250.00	
Audit		3,625.00		3,666.67		(41.67)	4,000.00	
Arbitrage Calculation		-		825.00		(825.00)	900.00	
Travel and Per Diem		62.96		275.00		(212.04)	300.00	
Telephone		-		45.83		(45.83)	50.00	
Postage & Shipping		142.23		916.67		(774.44)	1,000.00	
Copies		-		1,833.33		(1,833.33)	2,000.00	
Legal Advertising		3,831.26		5,958.33		(2,127.07)	6,500.00	
Miscellaneous		226.38		11,000.00		(10,773.62)	12,000.00	
Property Taxes		2,147.39		137.50		2,009.89	150.00	
Web Site Maintenance		2,275.00		2,475.00		(200.00)	2,700.00	
Holiday Decorations		500.00		1,145.82		(645.82)	1,250.00	
Dues, Licenses, and Fees		175.00		160.42		14.58	175.00	
Total General & Administrative Expenses	$	107,335.85	$	136,377.09	$	(29,041.24)	$	148,775.00	

Page 1 of 3

Myrtle Creek Improvement District
Budget to Actual
For the Month Ending 08/31/2021

Actual		Budget	Variance	FY 2021
Adopted Budget	

Field Operations								
Electric Utility Services								
Electric	$	954.94	$	1,375.00	$	(420.06)	$	1,500.00	
Entry Lighting		226.19		458.33		(232.14)	500.00	
Water-Sewer Combination Services								
Water Reclaimed		22,432.17		22,916.67		(484.50)	25,000.00	
Stormwater Control								
Aquatic Contract		3,575.00		3,666.67		(91.67)	4,000.00	
Lake/Pond Repair Reserve		-		4,583.33		(4,583.33)	5,000.00	
Other Physical Environment								
General Liability Insurance		4,007.00		4,125.00		(118.00)	4,500.00	
Property & Casualty Insurance		-		1,558.33		(1,558.33)	1,700.00	
Auto Insurance		-		458.33		(458.33)	500.00	
Irrigation Repairs								
District Irrigation Repairs		31,374.34		27,500.00		3,874.34	30,000.00	
Wellspring Irrigation Repairs		4,310.11		4,583.33		(273.22)	5,000.00	
Landscaping Maintenance & Material								
District Landscaping		188,512.50		188,512.50		-	205,650.00	
Gateway Road Landscaping		434.39		434.39		-	473.88	
Wellspring Landscaping		29,788.00		29,788.00		-	32,496.00	
Tree Trimming		25,900.00		36,666.67		(10,766.67)	40,000.00	
Flower & Plant Replacement								
District Flower & Plant Replacement		127,628.60		45,833.33		81,795.27	50,000.00	
Wellspring Flower & Plant Replacement		14,118.16		9,166.67		4,951.49	10,000.00	
Contingency		4,899.99		94,758.49		(89,858.50)	103,372.90	
Pest Control		1,405.00		2,575.83		(1,170.83)	2,810.00	
Hurricane Cleanup		-		45,833.33		(45,833.33)	50,000.00	
Wellspring Blvd./Performance Drive Expenses								
WSPD - Lighting		347.34		458.33		(110.99)	500.00	
WSPD - Miscellaneous		698.28		3,208.33		(2,510.05)	3,500.00	
WSPD - Water Reclaimed		3,610.05		916.67		2,693.38	1,000.00	

Page 2 of 3

Myrtle Creek Improvement District
Budget to Actual
For the Month Ending 08/31/2021

Interchange Maintenance Expenses				Adopted Budget	
IME - Aquatics Maintenance	2,893.33	3,060.75	(167.42)	3,339.00	
IME - Irrigation Repairs	1,961.14	8,662.50	(6,701.36)	9,450.00	
IME - Landscaping	71,934.98	69,995.31	1,939.67	76,358.52	
IME - Lighting	610.73	1,443.75	(833.02)	1,575.00	
IME - Miscellaneous	3,632.18	1,443.75	2,188.43	1,575.00	
IME - Water Reclaimed	488.81	2,165.63	(1,676.82)	2,362.50	
New Operational Field Expenses
Trail Repair	
1,257.00	
13,750.00	
(12,493.00)	
15,000.00	
Road & Street Facilities
Entry and Wall Maintenance	
-	
9,166.67	
(9,166.67)	
10,000.00	
Streetlights	10,761.62	13,750.00	(2,988.38)	15,000.00	
Parks & Recreation
Personnel Leasing Agreement	
33,000.11	
33,000.00	
0.11	
36,000.00	
Reserves
Infrastructure Capital Reserve	
-	
18,333.33	
(18,333.33)	
20,000.00	
Interchange Maintenance Reserve	-	2,163.33	(2,163.33)	2,360.00	

Actual	Budget	Variance

FY 2021

Total Field Operations Expenses	$	590,761.96		$	706,312.55		$	(115,550.59)		$	770,522.80	

Total Expenses	
$	
698,097.81		
$	
842,689.64		
$	
(144,591.83)		
$	
919,297.80	
Income (Loss) from Operations	$	209,392.28		$	(7,333.33)		$	216,725.61		$	(8,000.00)	

Other Income (Expense)												
Interest Income	$	624.90		$	7,333.33		$	(6,708.43)		$	8,000.00	
Total Other Income (Expense)	$	624.90		$	7,333.33		$	(6,708.43)		$	8,000.00	
Net Income (Loss)	$	210,017.18		$	-		$	210,017.18		$	-	

Page 3 of 3

Revenues
On-Roll Assessments Developer Contributions
Other Income & Other Financing Sources
Net Revenues
General & Administrative Expenses Legislative
Supervisor Fees
Financial & Administrative
Public Officials' Liability Insurance Trustee Services
Management Engineering Dissemination Agent Property Appraiser District Counsel
Assessment Administration Reamortization Schedules Audit
Arbitrage Calculation Travel and Per Diem Telephone
Postage & Shipping Copies
Legal Advertising Miscellaneous Property Taxes
Web Site Maintenance Holiday Decorations Dues, Licenses, and Fees
Total General & Administrative Expenses

Field Operations
Electric Utility Services
Electric
Entry Lighting
Water-Sewer Combination Services
Water Reclaimed
Stormwater Control
Aquatic Contract Lake/Pond Repair Reserve
Other Physical Environment General Liability Insurance Property & Casualty Insurance Auto Insurance
Irrigation
District Irrigation Wellspring Irrigation

Myrtle Creek Improvement District
Budget to Actual
For the Month Ending 08/31/2021

	Oct-20		Nov-20		Dec-20		Jan-21			Feb-21			Mar-21			Apr-21			May-21			Jun-21			Jul-21			Aug-21	YTD Actual	

$

$	

- 2,708.00
-
2,708.00		

$   57,604.37
685.71
-
$   58,290.08		

$ 204,538.37
6,419.44
-
$ 210,957.81		

$ 242,119.20
3,318.00
-
$ 245,437.20		

$

$	

56,728.51
4,132.99
-
60,861.50		

$

$	

136,118.80
4,151.29
-
140,270.09		

$

$	

115,106.89
-
-
115,106.89		

$

$	

7,031.98
578.21
-
7,610.19		

$

$	

24,257.39
23,229.97
-
47,487.36		

$

$	

9,651.17
4,438.35
-
14,089.52		

$

$	

1,963.22
2,708.00
0.23
4,671.45	

$      855,119.90
52,369.96
0.23	
																													$      907,490.09	

$	

1,000.00		

$      1,000.00		

$	-		

$      1,000.00		

$	

800.00		

$	

1,000.00		

$	

1,000.00		

$	

1,000.00		

$	

800.00		

$	

800.00		

$	

1,000.00	

$	9,400.00	
	
3,498.00		
-		
-		
-			
-			
-			
-			
-			
-			
-			
-	
3,498.00	
	-		7,436.91		-		-			-			-			-			-			-			-			-	7,436.91	
	3,333.33		3,333.33		3,333.33		3,333.33			3,333.33			3,333.33			3,333.33			3,333.33			3,541.67			3,541.67			3,541.67	37,291.65	
	-		1,723.00		250.00		250.00			687.50			312.50			625.00			633.50			696.00			696.00			587.50	6,461.00	
	-		-		-		-			-			-			-			-			1,500.00			-			-	1,500.00	
	-		-		1,443.00		-			-			-			-			-			-			-			-	1,443.00	
	-		-		2,690.00		2,187.50			826.80			2,329.00			1,502.96			3,650.50			-			3,073.01			3,560.30	19,820.07	
	7,500.00		-		-		-			-			-			-			-			-			-			-	7,500.00	
	-		-		-		-			-			-			-			-			-			-			-	-	
	-		-		-		-			-			-			-			-			3,625.00			-			-	3,625.00	
	-		-		-		-			-			-			-			-			-			-			-	-	
	-		-		7.04		-			6.90			-			17.17			10.26			7.46			6.91			7.22	62.96	
	-		-		-		-			-			-			-			-			-			-			-	-	
	-		18.77		7.00		7.99			24.03			23.52			14.96			3.57			8.16			13.91			20.32	142.23	
	-		-		-		-			-			-			-			-			-			-			-	-	
	327.50		365.01		-		346.25			350.00			-			350.00			1,023.75			301.25			-			767.50	3,831.26	
	-		-		46.71		3.28			3.23			3.25			86.08			44.00			3.85			3.85			32.13	226.38	
	-		-		-		-			2,147.39			-			-			-			-			-			-	2,147.39	
	125.00		125.00		125.00		425.00			125.00			125.00			425.00			125.00			125.00			425.00			125.00	2,275.00	
	500.00		-		-		-			-			-			-			-			-			-			-	500.00	
	175.00		-		-		-			-			-			-			-			-			-			-	175.00	
$	16,458.83		$  14,002.02		$      7,902.08		$      7,553.35		$	8,304.18		$	7,126.60		$	7,354.50		$	9,823.91		$	10,608.39		$	8,560.35		$	9,641.64	$      107,335.85	

$	

-		

$	88.94		

$	88.21		

$	89.46		

$	

87.47		

$	

87.69		

$	

102.59		

$	

102.69		

$	

102.28		

$	

102.49		

$	

103.12	

$	954.94	
	-		21.26		21.26		21.50			21.02			21.63			25.15			23.96			23.47			23.47			23.47	226.19	
	-		1,463.23		1,036.86		1,398.48			4,115.75			1,107.70			1,381.68			2,754.36			3,607.84			2,588.84			2,977.43	22,432.17	
	325.00		325.00		325.00		325.00			325.00			325.00			325.00			325.00			325.00			325.00			325.00	3,575.00	
	-		-		-		-			-			-			-			-			-			-			-	-	
	4,007.00		-		-		-			-			-			-			-			-			-			-	4,007.00	
	-		-		-		-			-			-			-			-			-			-			-	-	
	-		-		-		-			-			-			-			-			-			-			-	-	
	839.24		2,918.20		9,296.90		5,709.40			5,564.20			-			3,629.20			-			677.00			1,130.00			1,610.20	31,374.34	
	685.71		-		309.00		1,985.00			-			236.00			228.00			-			866.40			-			-	4,310.11	

Page 1 of 2

Landscaping Maintenance & Material District Landscaping
Gateway Road Landscaping Wellspring Landscaping
Tree Trimming
Flower & Plant Replacement
District Flower & Plant Replacement Wellspring Flower & Plant Replacement
Contingency Pest Control
Hurricane Cleanup
Wellspring Blvd./Performance Drive Expenses
WSPD - Lighting WSPD - Miscellaneous
WSPD - Water Reclaimed
Interchange Maintenance Expenses
IME - Aquatics Maintenance IME - Irrigation
IME - Landscaping IME - Lighting
IME - Miscellaneous IME - Water Reclaimed
New Operational Field Expenses
Trail Repair
Road & Street Facilities
Entry and Wall Maintenance Streetlights
Parks & Recreation
Personnel Leasing Agreement
Contingency
Infrastructure Capital Reserve Interchange Maintenance Reserve
Total Field Operations Expenses

Total Expenses
Income (Loss) from Operations Other Income (Expense)
Interest Income
Total Other Income (Expense)

Net Income (Loss)

Myrtle Creek Improvement District
Budget to Actual
For the Month Ending 08/31/2021

Oct-20		Nov-20		Dec-20		Jan-21			Feb-21			Mar-21			Apr-21		May-21			Jun-21		Jul-21			Aug-21	YTD Actual	
17,137.50
39.49
2,708.00		17,137.50
39.49
2,708.00		17,137.50
39.49
2,708.00		17,137.50
39.49
2,708.00			17,137.50
39.49
2,708.00			17,137.50
39.49
2,708.00			- 39.49
-		- 39.49
-			51,412.50
39.49
8,124.00		17,137.50
39.49
2,708.00			17,137.50
39.49
2,708.00	188,512.50
434.39
29,788.00	
-		-		-		-			-			-			-		-			-		-			25,900.00	25,900.00	
-
-		-
-		-
-		-
-			3,150.00
-			-
-			-
-		-
14,118.16			-
-		-
-			124,478.60
-	127,628.60
14,118.16	
-
-
-		-
-
-		4,850.00
-
-		-
-
-			49.99
-
-			- 1,405.00
-			-
-
-		-
-
-			-
-
-		-
-
-			-
-
-	4,899.99
1,405.00
-	
-
-
-		32.05
697.72
257.17		31.95
(3.28)
257.73		32.15
- 241.01			31.64
- 183.49			31.85
- 91.94			37.52
- 308.85		37.42
- 80.15			37.62
- 1,040.90		37.62
- 606.51			37.52
3.84
542.30	347.34
698.28
3,610.05	

263.03
- 6,363.21
- 1,134.00
-

-

-
- 3,000.01
-
-
$   36,502.19

  $   52,961.02  

$ (50,253.02)

$	22.90
$	22.90

$ (50,230.12)		
263.03
94.90
6,363.21
57.97
- 26.95

-

- 1,063.81

3,000.01

-
-
$   36,558.44

  $   50,560.46  

$      7,729.62

$	23.59
$	23.59

$      7,753.21		
263.03
289.55
- 59.35
1,512.00
34.12

-

- 1,063.81

3,000.01

-
-
$   42,320.49

  $  50,222.57  

$ 160,735.24

$	96.66
$	96.66

$ 160,831.90		
263.03
308.70
12,726.42
65.96
190.57
21.95

-

- 1,079.25

3,000.01

-
-
$   47,342.88

  $  54,896.23  

$ 190,540.97

$	28.62
$	28.62

$ 190,569.59			
263.03
207.35
6,426.21
57.27
297.90
35.86

-

- 1,079.25

3,000.01

-
-
44,780.43

53,084.61  

7,776.89

25.60
25.60

7,802.49			
263.03
-
- 57.47
96.08
26.95

-

- 1,079.25

3,000.01

-
-
27,714.59

34,841.19  

105,428.90

215.57
215.57

105,644.47			
263.03
345.35
14,348.56
94.27
401.63
55.86

1,257.00

- 1,079.25

3,000.01

-
-
26,922.44

34,276.94  

80,829.95

28.99
28.99

80,858.94		
263.03
104.28
6,363.32
54.49
- 41.30

-

- 1,079.25

3,000.01

-
-
$   28,386.91

  $   38,210.82  

$ (30,600.63)

$	27.54
$	27.54

$ (30,573.09)			
263.03
387.45
6,363.32
51.94
- 103.24

-

- 1,079.25

3,000.01

-
-
77,504.74

88,113.13  

(40,625.77)

92.56
92.56

(40,533.21)		
263.03
43.38
6,617.52
53.31
- 101.72

-

- 1,079.25

3,000.01

-
-

$   35,857.14

  $   44,417.49  

$ (30,327.97)

$	28.23

$	28.23

$ (30,299.74)			
263.03
180.18
6,363.21
58.70
- 40.86

-

- 1,079.25

3,000.01

-
-
186,871.71

196,513.35  

(191,841.90)

34.64
34.64

(191,807.26)	
2,893.33
1,961.14
71,934.98
610.73
3,632.18
488.81

1,257.00

- 10,761.62

33,000.11

-
-	
								$

  $ 

$

$
$

$			$

  $ 

$

$
$

$			$

  $ 

$

$
$

$					$

  $ 

$

$
$

$					$

   $ 

$

$
$

$		$      590,761.96

$      698,097.81	
																										
$      209,392.28

$	624.90	
																										$	624.90	
																										$      210,017.18	

Page 2 of 2

Myrtle Creek Improvement District Cash Flow

FY20 Inflows	FY20 Outflows	FY21 Inflows	FY21 Outflows	End. Cash	

26,870.86	
(35,036.78)	
6,033.88	
(34,720.04)	
232,112.07	
-	(2,285.24)	148,827.20	(71,989.11)	306,664.92	
312.50	(312.50)	529,976.03	(438,634.98)	398,005.97	
-	-	622,973.27	(418,231.22)	602,748.02	
-	-	147,246.64	(153,352.38)	596,642.28	
-	-	352,724.38	(254,301.75)	695,064.91	
-	-	294,621.65	(196,259.92)	793,426.64	
-	-	18,717.63	(44,148.26)	767,996.01	
-	-	85,441.18	(109,086.25)	744,350.94	
-	-	29,211.30	(41,401.30)	732,160.94	
-	-	7,972.30	(221,086.76)	519,046.48	
-	-	-	(27,853.34)	491,193.14 as of 09/12/2021	

Beg. Cash

10/1/2020	268,964.15	
11/1/2020	232,112.07	
12/1/2020	306,664.92	
1/1/2021	398,005.97	
2/1/2021	602,748.02	
3/1/2021	596,642.28	
4/1/2021	695,064.91	
5/1/2021	793,426.64	
6/1/2021	767,996.01	
7/1/2021	744,350.94	
8/1/2021	732,160.94	
9/1/2021	519,046.48	

Totals	2,417,938.62	(2,159,152.30)	2,243,745.46	(2,026,070.31)

Myrtle Creek Improvement District Construction Tracking - mid-September

Amount
Series 2016 Bond Issue
Original Construction Fund	$	513,425.32 Additions (Interest, Transfers from DSR, etc.)		219,887.73
Cumulative Draws Through Prior Month	(331,389.43)
==========
Construction Funds Available	$	401,923.62

Requisitions This Month
==========
Total Requisitions This Month	$	-
==========
Funds Remaining	$	401,923.62

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

Total Committed	$	-
==========	
Net Uncommitted		401,923.62