PRINCIPAL ONE COMMUNITY DEVELOPMENT DISTRICT

DUVAL COUNTY Regular Board Meeting & Public Hearing August 10, 2023
6:00 P.M.

Special District Services, Inc.
The Oaks Center 2501A Burns Road
Palm Beach Gardens, FL 33410

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

AGENDA
PRINCIPAL ONE COMMUNITY DEVELOPMENT DISTRICT
Clubhouse of IL Villagio 9745 Touchton Road
Jacksonville, Florida 32246
REGULAR BOARD MEETING & PUBLIC HEARING
August 10, 2023
6:00 p.m.

Call to Order
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
March 1, 2023 Regular Board Meeting	Page 2
Old Business
New Business
Consider Association’s Maintenance Agreement Amendment Request	Page 5
Accept and Receive Annual Engineer’s Report	Page 29
Discussion Regarding Supervisor Ethics Training Requirement for 2024
Consider Resolution No. 2023-02 – Resetting Public Hearing Date to Adopt Fiscal
Year 2023/2024 Final Budget	Page 34
Consider Resolution No. 2023-03 – Adopting a Fiscal Year 2023/2024 Meeting Schedule	Page 35
Consider Resolution No. 2023-04 – Adopting a Records Retention Policy	Page 37
Public Hearing
Proof of Publication	Page 41
Receive Public Comments on Adopting a Fiscal Year 2023/2024 Final Budget
Consider Resolution No. 2023-05 – Adopting a Fiscal Year 2023/2024 Final Budget	Page 42
Administrative Matters
Board Member Comments
Adjourn

Miscellaneous Public Notices 23-04677D
Notice of Public Hearing
and Regular Board Meeting of the
Principal One Community Development District
The Board of Supervisors of the Principal One Community Development District (the “District”) will hold a Public Hearing and Regular Board Meeting on August 10, 2023, at 6:00 p.m., or as soon thereafter as the meeting can be heard, at the Clubhouse of IL Villagio located at 9745 Touchton Road, Jacksonville, Florida 32246.
The purpose of the Public Hearing is to receive public comment on the Fiscal Year 2023/2024 Proposed Final Budget of the District. A copy of the Budget and/or the Agenda may be obtained from the District’s website or at the offices of the District Manager, 2501A Burns Road, Palm Beach Gardens, Florida, 33410 during normal business hours. The purpose of the Regular Board Meeting is for the Board to consider any other business which may properly come before it. The meetings are open to the public and will be conducted in accordance with the provisions of Florida law for community development districts. Meetings may be continued as found necessary to a time and place specified on the record.
There may be occasions when one or more Supervisors will participate by telephone; therefore, a speaker telephone will be present at the meeting location so that Supervisors may be fully informed of the discussions taking place.
In accordance with the provisions of the Americans with Disabilities Act, any person requiring special accommodations or an interpreter to participate at these meetings should contact the District Manager at (561) 630-4922, and/or toll free at 1-877-737- 4922, at least seven (7) days prior to the date of the meetings.
If any person decides to appeal any decision made with respect to any matter considered at this Public Hearing and Regular Board Meeting, such person will need a record of the proceedings and such person may need to ensure that a verbatim record of the proceedings is made at their own expense and which record includes the testimony and evidence on which the appeal is based.
Meetings may be cancelled from time to time without advertised notice. Principal One Community
Development District www.principalonecdd.org Jul. 20/27 (23-04677D)

PRINCIPAL ONE COMMUNITY DEVELOPMENT DISTRICT REGULAR BOARD MEETING
MARCH 1, 2023

CALL TO ORDER

District Manager Jason Pierman called the March 1, 2023, Regular Board Meeting of the Principal One Community Development District (the “District”) to order at 6:01 p.m. in the Clubhouse of Il Villagio located at 9745 Touchton Road, Jacksonville, Florida 32246.

PROOF OF PUBLICATION

Mr. Pierman presented proof of publication that notice of the Regular Board Meeting had been published in the Jacksonville Daily Record on September 22, 2022, as part of the District’s Fiscal Year 2022/2023 Meeting Schedule, as legally required.

ESTABLISH A QUORUM

Mr. Pierman determined that the attendance of Chairperson Michelle Hepke, Vice Chairman Brian Hepke and Supervisor Victoria Shirk constituted a quorum and it was in order to proceed with the meeting.

Also present was District Manager Jason Pierman of Special District Services, Inc.

ADDITIONS OR DELETIONS TO THE AGENDA

Mr. Pierman explained that he had received correspondence from the Il Villagio interim manager notifying the District that they intend to cancel and renegotiate the maintenance agreement. The item will be discussed under New Business.

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 16, 2022, Regular Board Meeting

Mr. Pierman presented the minutes of the November 16, 2022, Regular Board Meeting and asked if there were any changes/corrections.

Mr. Pierman noted that the minutes in the meeting book had been updated to include Mr. Hepke’s appointment to Seat 3.

A motion was then made by Mr. Hepke, seconded by Mrs. Hepke Macy and passed unanimously approving the minutes of the November 16, 2022 Regular Board Meeting, as amended.

OLD BUSINESS

There were no Old Business items to come before the Board.

NEW BUSINESS
Discussion Regarding Il Villagio Association Correspondence

Mr. Pierman distributed copies of the letter from the Association, notifying the District of their intent to cancel and renegotiate the maintenance agreement. He noted that he had spoken with Ms. Nadel, who is the interim Association manager. Following discussion, Mr. Pierman explained that, because the Board was about to consider the proposed budget for next year, they should add a maintenance line item to cover the cost of maintaining the areas that the Association may no longer maintain, should they cancel the agreement outright. It was noted that the electric meters and irrigation are commingled, so the Association would have to have those items separated, should they terminate the agreement.

Consider Resolution No. 2023-01 – Adopting a Fiscal Year 2023/2024 Proposed Budget

Resolution No. 2023-01 was presented, entitled:

RESOLUTION NO. 2023-01

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE PRINCIPAL ONE COMMUNITY DEVELOPMENT DISTRICT APPROVING A PROPOSED BUDGET FOR FISCAL YEAR 2023/2024; AND PROVIDING AN EFFECTIVE DATE.

Following discussion, the Board agreed to include a $75,000 line item for potential maintenance costs, due to the Association’s potential cancellation of the agreement. It was noted that the Board does not yet know actual costs, but they need to plan for the possibility that the District will take on all District maintenance that the Association is currently handling under the agreement.

A motion was made by Mr. Hepke, seconded by Ms. Shirk and unanimously passed adopting Resolution No. 2023-01, amended to include a $75,000 line item for potential maintenance costs, due to the Association’s maintenance agreement cancellation.

ADMINISTRATIVE MATTERS

There were no Administrative Matters to come before the Board.

BOARD MEMBER COMMENTS

There were no further Board Member comments.

ADJOURNMENT

There being no further business to come before the Board, a motion was made by Mr. Hepke, seconded by Ms. Shirk and unanimously passed adjourning the meeting at 6:38 p.m.

 	
Secretary/Assistant Secretary	Chair/Vice-Chair

AMENDMENT TO THE MAINTENANCE AGREEMENT BETWEEN PRINCIPAL ONE COMMUNITY DEVELOPMENT DISTRICT AND IL VILLAGIO COMMUNITY ASSOCIATION, INC.,

THIS AMENDMENT TO THE MAINTENANCE AGREEMENT BETWEEN PRINCIPAL ONE COMMUNITY DEVELOPMENT DISTRICT AND IL VILLAGIO
COMMUNITY	ASSOCIATION,	INC.,	is	made	effective
	, 2023, by PRINCIPAL ONE COMMUNITY
DEVELOPMENT DISTRICT, a local unit of special-purpose government pursuant to Chapter 190, Florida Statutes, and located in the City of Jacksonville, Duval County, Florida, whose mailing address is c/o Special District Services, Inc., 11000 Prosperity Farms Road, Suite 104, Palm Beach Gardens, Florida 33410 (hereinafter referred to as the “District”) and IL VILLAGIO CONDOMINIUM ASSOCIATION, INC., a Florida not-for-profit corporation, whose mailing address is 9745 Touchton Road, Jacksonville, FL 32246, (hereinafter referred to as the “Association”). (The District and the Association are hereafter referred to individually as a “Party” or collectively as the “Parties”.)
RECITALS

WHEREAS, the Parties had entered into that certain Maintenance Agreement Between Principal One Community Development District and Il Villagio Community Association, Inc., (hereinafter referred to as “the Agreement”), recorded at Official Records Book 12935, Page 44, of the Official Records of Duval County, Florida, on October 21, 2005; and
WHEREAS, pursuant to Section 16 of the Agreement either Part may terminate the Agreement on October 1st of any subsequent year; and
WHEREAS, the Parties wish to continue their contractual relationship under the Agreement, except as modified herein; and
NOW, THEREFORE, in consideration of the promises and covenants contained herein, and for other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the parties agree as follows:
Amendment to Section 5:

Section 5(A) of the Agreement is amended to read as follows: Section 5. Maintenance Standards.
The Maintenance Standards are attached hereto and incorporated herein as attached Exhibit “C.” Notwithstanding, the Landscape Maintenance Standards found in Section 3.1 of Exhibit C shall be replaced by new Landscape Maintenance Standards jointly promulgated and adopted by the Association and the Deerwood Park North Owners’ Association, Inc., (“Deerwood Association”). The Maintenance Standards may be changed or modified from time to time by the joint resolution of the Association and the Deerwood Association without the necessity of amending the Agreement.

Amendment to Section 7.

Section 7(A) of the Agreement is amended to read as follows:

As long as this Agreement shall remain in effect, the Association shall be responsible for performing the Maintenance Services described in Exhibit “C” of the Agreement, as amended from time to time by mutual agreement, and the District shall reimburse the Association for the costs associated with such performance, including, but not limited to, the administrative and management costs associated with the performance of the Association’s duties under the Agreement.

Amendment to Section 9.

Section 9 of the Agreement is amended to read as follows:
Section 9. Payment of Assessments Due and Owing to Deerwood Park North Owners’ Association, Inc. The Parties acknowledge that the Property may be subject to annual special and other assessments imposed by the Deerwood Association pursuant to those certain “Protective Covenants of Deerwood Park North” recorded in Official Record Book 7181, Page 690, as amended, Official Records of Duval County, Florida. The District agrees that it shall reimburse the Association the cost of these assessments on a quarterly basis and within ten (10) days of being provided an invoice for same by the Association.

REMAINDER OF PAGE INTENTIONALLY LEFT BLANK

IN WITNESS WHEREOF, the Parties have caused this instrument to be executed under seal this 	 day of May 2023.

Signed, sealed and delivered
in the presence of:	Il Villagio Community Association, Inc., a Florida not-for-profit corporation

(Print Name)

By:			 Daniel Fetahovic

Title:  President

(Print Name)

STATE OF FLORIDA	)
) COUNTY OF 	 )

The foregoing instrument was acknowledged before me this    day of May 2023, by Daniel Fetahovic, the President of Il Villagio Community Association, Inc., a Florida corporation, on behalf of the company.

(Print Name	
	)
Personally Known 	 or Produced I.D. 	 [check one of the above]
Type of Identification Produced

Signed, sealed and delivered
in the presence of:	Principal One Community Development District.,
a local unit of special purpose government

By:		

(Print Name)
Title:

(Print Name)

STATE OF FLORIDA	)
) COUNTY OF 	 )

The foregoing instrument was acknowledged before me this 	 day of May 2023, by
	, the 	 of Principal One Community Development District, a local unit of special purpose government.

(Print Name	
	)
Personally Known 	 or Produced I.D. 	 [check one of the above]
Type of Identification Produced

From:	George Vancore
To:	Jason Pierman; Daniel Fetahovic
Cc:	Laura Nadel; Frank Palen (palen@caldwellpacetti.com); Mary Webster; Chase Mills; Anthony Paris
Subject:	Re: Il Villagio & CDD Amendment
Date:	Thursday, July 13, 2023 3:59:11 PM
Attachments:	Il Villagio - 6-1-23 - GreenWay Landscape Contract.pdf Il Villagio - Lake Management.pdf
Il Villagio - Jan 23 JEA Invoice.pdf Il Villagio - Feb 23 JEA Invoice.pdf Il Villagio - Mar 23 JEA Invoice.pdf

Hi Jason, Please see the attached and the calculation break out included.

These are the directions Daniel provided and how we calculated the charted numbers.

the CDD maintainable area is:
1.41 Acres for the front "A" -
1.48 Lake Size West "B" - 1.69 = 0.21
1.07 Lake Size East "C" - 1.93 = 0.86
total area under active management = 2.48 Acres + 100% of the lake management contract.

Total Il Villagio Area 56.23 - conservation 33.61 = total area under management including asphalt roads = 22.62 outer asphalt 21.94 - 6.12 inner asphalt east - 5.56 inner asphalt west = 10.26 of asphalt area
amenity center - 1.01
22.62 total area of il villagio including amenity center - amenity center 1.01 - 10.26 of approximate roads and asphalt = 11.35 of managed area

Il villagio - 11.35 CDD - 2.48
Total managed area - 13.83
CDD proportion of total landscaping costs 2.48/13.83 = 18%

18% of total yearly landscaping costs, including sprinklers and plantings PLUS
15% of FSR Management costs PLUS
actual lake maintenance contracts PLUS
Utilities = 18% Irrigation Only PLUS
18% of Liability Insurance
Do not Include PUD costs or Gate Attendant Costs or amenity center costs.

Please let me know if you have any questions. Thank you. Thanks, George
GEORGE VANCORE III
LCAM
Direct 904.646.9951

From: Jason Pierman <JPierman@sdsinc.org>
Sent: Thursday, July 13, 2023 10:29 AM
To: Daniel Fetahovic <danilvillagio@gmail.com>
Cc: George Vancore <George.Vancore@fsresidential.com>; Laura Nadel <Laura.Nadel@fsresidential.com>; Frank Palen (palen@caldwellpacetti.com)
<palen@caldwellpacetti.com>; Mary Webster <mwwbste@gmail.com>; Chase Mills <cmills@flcalegal.com>; Anthony Paris <aparis@flcalegal.com>
Subject: RE: Il Villagio & CDD Amendment Daniel,
I can present what you sent over. However, my goal is to find a happy compromise to which the CDD Bord may be able to agree. The Board must set assessment amounts at the August 10th meeting, so whatever suggestions and information we have going into that meeting is all we have. There is no changing the amount after that meeting. I am very confident that the Board will not agree to all of this, especially the Management fee, as this is a fee that residents are already paying through Association dues and will continue to pay with or without an agreement. It would be a double charge to residents.

I was hoping to have some more conversations about this before I left for vacation (today), but unfortunately, I only received the information this week, and am still awaiting the backup, as requested on our June 16th call. I return on July 31st and will review any additional information you can send over so that we may have another call before the CDD meeting.
Thank you, Jason Pierman
Management Director
Special District Services, Inc.
(561) 630-4922
www.sdsinc.org

From: Daniel Fetahovic <danilvillagio@gmail.com>

Sent: Wednesday, July 12, 2023 9:11 PM
To: Jason Pierman <JPierman@sdsinc.org>
Cc: George Vancore <George.Vancore@fsresidential.com>; Laura Nadel <Laura.Nadel@fsresidential.com>; Frank Palen (palen@caldwellpacetti.com)
<palen@caldwellpacetti.com>; Mary Webster <mwwbste@gmail.com>; Chase Mills <cmills@flcalegal.com>; Anthony Paris <aparis@flcalegal.com>
Subject: Re: Il Villagio & CDD Amendment

Hi george;
Please send Jason the complete package including the landscaping calculations i prepared and sent to you. Please include all attachments as well as the contracts. Jason, please present the board with our proposal. It is presumptuous to assume what the CDD board will decide.
Sent from my iPhone

On Jul 12, 2023, at 12:10 PM, Jason Pierman <JPierman@sdsinc.org> wrote:

George,

Thank you for sending this over. Any backup/math that you can provide would be very helpful. The lake maintenance seems in line, but the landscape maintenance seems very high. The estimates I got (albeit very preliminary and very ballparked) were under $10k per year for the CDD’s areas. The CDD has insurance already, so there wouldn’t be a need to cover the Association’s. You could presumably drop your coverage of those areas. And we’ll need justification for management costs… this would be doubling what the CDD pays for management, to which the Board is highly unlikely agree.
Additionally, residents are already paying your management costs through their Association dues, regardless of the CDD/Association agreement… would this not be double-dipping??

Thank you, Jason Pierman
Management Director Special District Services, Inc.
(561) 630-4922
www.sdsinc.org

From: George Vancore <George.Vancore@fsresidential.com>
Sent: Monday, July 10, 2023 1:01 PM
To: Jason Pierman <JPierman@sdsinc.org>; Daniel Fetahovic <danilvillagio@gmail.com>
Cc: Laura Nadel <Laura.Nadel@fsresidential.com>; Frank Palen (palen@caldwellpacetti.com) <palen@caldwellpacetti.com>; Mary Webster
<mwwbste@gmail.com>; Chase Mills <cmills@flcalegal.com>; Anthony Paris <aparis@flcalegal.com>
Subject: Re: Il Villagio & CDD Amendment

Hi Jason, Have included a break down of each cost center for the board and your review.

Service	
Monthly Cost	
Yearly Estimate	
Percent	
Totals	
Total Monthly	
Landscaping	$9,425.00	$113,100.00	18%	$20,358.00	$1,696.50	
Lake Maintenance	$163.49	$1,961.88	-	$1,961.88	$163.49	
Irrigation	$3,003.45	$36,041.36	18%	$6,487.44	$540.62	
Management	$15,376.60	$184,519.18	15%	$27,677.88	$2,306.49	
Insurance	-	$32,356.18	18%	$5,824.11	$485.34	
Total	$27,968.54	$367,978.60	-	$62,309.31	$5,192.44	

- The management and irrigation are estimates based off the 1st quarter average monthly cost.
The Landscaping is based off the new contract.
The insurance is for liability only as requested.
The Total Monthly column is the 2023 monthly projection per line item.

If you would like invoices to back these numbers up I can provide those to you. Please let me know if you have any questions. Thank you.
Thanks, George

GEORGE VANCORE III
LCAM
Direct 904.646.9951

From: Jason Pierman <JPierman@sdsinc.org>
Sent: Thursday, July 6, 2023 1:05 PM
To: Daniel Fetahovic <danilvillagio@gmail.com>
Cc: George Vancore <George.Vancore@fsresidential.com>; Laura Nadel <Laura.Nadel@fsresidential.com>; Frank Palen (palen@caldwellpacetti.com)

<palen@caldwellpacetti.com>; Mary Webster <mwwbste@gmail.com>; Chase Mills <cmills@flcalegal.com>; Anthony Paris <aparis@flcalegal.com>
Subject: RE: Il Villagio & CDD Amendment Just following up. Thanks!
Thank you,

Jason Pierman Management Director Special District Services, Inc.
(561) 630-4922
www.sdsinc.org

From: Daniel Fetahovic <danilvillagio@gmail.com>
Sent: Friday, June 30, 2023 12:19 PM
To: Jason Pierman <JPierman@sdsinc.org>
Cc: George Vancore <George.Vancore@fsresidential.com>; Laura Nadel <Laura.Nadel@fsresidential.com>; Frank Palen (palen@caldwellpacetti.com)
<palen@caldwellpacetti.com>; Mary Webster <mwwbste@gmail.com>; Chase Mills <cmills@flcalegal.com>; Anthony Paris <aparis@flcalegal.com>
Subject: Re: Il Villagio & CDD Amendment

George,
Please try to get this meter nailed down today. Daniel

Sent from my iPhone

On Jun 29, 2023, at 4:00 PM, Jason Pierman <JPierman@sdsinc.org> wrote:

Thanks, George. Our next meeting is August 10th. However, I will be out of the office from July 13 though the 29th, so I would like to get this as wrapped up as possible before I leave.
Thank you, Jason Pierman
Management Director
Special District Services, Inc.
(561) 630-4922
www.sdsinc.org

From: George Vancore <George.Vancore@fsresidential.com>
Sent: Thursday, June 29, 2023 3:58 PM
To: Jason Pierman <JPierman@sdsinc.org>; Daniel Fetahovic <danilvillagio@gmail.com>
Cc: Laura Nadel <Laura.Nadel@fsresidential.com>; Frank Palen (palen@caldwellpacetti.com) <palen@caldwellpacetti.com>; Mary Webster
<mwwbste@gmail.com>; Chase Mills <cmills@flcalegal.com>; Anthony Paris <aparis@flcalegal.com>
Subject: Re: Il Villagio & CDD Amendment

Hi Jason, We are putting them together, the only thing left is the water usage for the area directly outside the wall of the community. When is the next meeting scheduled as we would like to get this to you well in advance. Please let me know if you have any questions. Thank you for the help.

Thanks, George

GEORGE VANCORE III
LCAM
Direct 904.646.9951

From: Jason Pierman <JPierman@sdsinc.org>
Sent: Thursday, June 29, 2023 3:45 PM
To: Daniel Fetahovic <danilvillagio@gmail.com>
Cc: George Vancore <George.Vancore@fsresidential.com>; Laura Nadel <Laura.Nadel@fsresidential.com>; Frank Palen (palen@caldwellpacetti.com) <palen@caldwellpacetti.com>; Mary Webster <mwwbste@gmail.com>; Chase Mills <cmills@flcalegal.com>; Anthony Paris <aparis@flcalegal.com>
Subject: RE: Il Villagio & CDD Amendment Daniel,
Following up on our call… I have not received any numbers from Il Villagio for the CDD Board to consider. Can you please send them over so I can distribute them to the Board? Thanks!

Thank you, Jason Pierman

Management Director Special District Services, Inc.
(561) 630-4922
www.sdsinc.org

From: Daniel Fetahovic <danilvillagio@gmail.com>
Sent: Wednesday, June 14, 2023 6:13 PM
To: Jason Pierman <JPierman@sdsinc.org>
Cc: George Vancore <George.Vancore@fsresidential.com>; Laura Nadel <Laura.Nadel@fsresidential.com>; Frank Palen (palen@caldwellpacetti.com) <palen@caldwellpacetti.com>; Mary Webster <mwwbste@gmail.com>; Chase Mills <cmills@flcalegal.com>; Anthony Paris <aparis@flcalegal.com>
Subject: Re: Il Villagio & CDD Amendment

I’ll make sure i am available. Lets have the respective attorneys on as well. I am interested to hear their perspective.

Chase/ Anthony, please let me know if you are available to join. Please consult with Mike if he is more familiar with the underlying title and history / makeup of the property.

Daniel

Sent from my iPhone

On Jun 14, 2023, at 1:03 PM, Jason Pierman <JPierman@sdsinc.org> wrote:

Hi Daniel,

Our attorney has confirmed that the CDD cannot agree to any of the proposed amendments. Are you available this Friday at 11:00 for a call?

Concerning the quorum issue… we currently only have three Supervisors on the CDD Board. We had four, but two resigned, and the Board appointed a third. To be on the Board, you must be registered to vote within the CDD. Any registered voter can qualify to run for a CDD seat during the qualifying period in June prior to the November General Election. When we have vacancies, the existing Board Members can appoint a registered voter to the vacant seat. There is no requirement to have a full Board, but it does make it easier for establishing quorums, since we need a minimum of three to do business. The Supervisor of Elections keeps track of who is on CDD Boards, but isn’t otherwise involved other than running the General Election process.

Thank you, Jason Pierman
Management Director Special District Services, Inc.
(561) 630-4922
www.sdsinc.org

From: Daniel Fetahovic <danilvillagio@gmail.com>
Sent: Wednesday, June 14, 2023 8:29 AM
To: Jason Pierman <JPierman@sdsinc.org>
Cc: George Vancore <George.Vancore@fsresidential.com>; Laura Nadel <Laura.Nadel@fsresidential.com>; Frank Palen (palen@caldwellpacetti.com) <palen@caldwellpacetti.com>; Mary Webster <mwwbste@gmail.com>; Chase Mills
<cmills@flcalegal.com>; Anthony Paris <aparis@flcalegal.com>
Subject: Re: Il Villagio & CDD Amendment

Good morning Jason,
has there been any movement on this from your end and the CDD's attorney review? I would like to have something to present at the July meeting.

Additionally, the lack of quorum for the CDD is concerning and I noticed that the board is not a complete board. What is the process of appointment to the board? Has the Supervisor of Elections office been notified of the vacancies?

In any case, please propose a time that works with you and the attorneys so we can coordinate a call on our end.
-Daniel

On Mon, Jun 5, 2023 at 4:07 PM Jason Pierman <JPierman@sdsinc.org> wrote:
Daniel,

Thanks for the response. Let me know when you time to discuss. On a separate note, it looks like we will have to postpone Wednesday’s meeting because we don’t have a quorum… so we have a little more time to figure this out.

Thank you,

Jason Pierman Management Director Special District Services, Inc.
(561) 630-4922
www.sdsinc.org

From: Daniel Fetahovic <danilvillagio@gmail.com>
Sent: Monday, June 5, 2023 3:36 PM
To: Jason Pierman <JPierman@sdsinc.org>
Cc: George Vancore <George.Vancore@fsresidential.com>; Laura Nadel <Laura.Nadel@fsresidential.com>; Frank Palen (palen@caldwellpacetti.com) <palen@caldwellpacetti.com>; Mary Webster <mwwbste@gmail.com>; Chase Mills
<cmills@flcalegal.com>; Anthony Paris <aparis@flcalegal.com>
Subject: Re: Il Villagio & CDD Amendment

Jason, thanks for the update. As discussed, please provide alternative suggested language to the Addendum via Tracked Changes and we will have our attorneys address.

On the topic of PUD fees, the association's view is that the PUD fees are a tax and as such should be collected and paid by the taxing authority, the CDD. Additionally, since CDD property de facto abuts touchton road, we believe the PUD fees are to be paid by the CDD.

Please let me know how you would like to proceed. I am available for a call if you prefer to discuss.
_Daniel

On Fri, Jun 2, 2023 at 12:03 PM Jason Pierman <JPierman@sdsinc.org> wrote:
Thanks, George. I just called the Deerwood Park PUD at the number listed on the bill. It was explained that the bill is for common areas in front of the community, and that it should be looked at as a Master Association to the Il Villagio Association. I explained the situation and was told that the CDD has nothing to do with the PUD. Because the CDD does not have an interest in the PUD’s services, the CDD cannot fund any portion of that bill.
Thank you, Jason Pierman
Management Director
Special District Services, Inc.
(561) 630-4922
www.sdsinc.org

From: George Vancore <George.Vancore@fsresidential.com>
Sent: Friday, June 2, 2023 11:30 AM
To: Laura Nadel <Laura.Nadel@fsresidential.com>; Jason Pierman <JPierman@sdsinc.org>
Cc: Daniel Fetahovic <danilvillagio@gmail.com>; Frank Palen (palen@caldwellpacetti.com) <palen@caldwellpacetti.com>; Mary Webster <mwwbste@gmail.com>; Chase Mills <cmills@flcalegal.com>; Anthony Paris <aparis@flcalegal.com> Subject: Re: Il Villagio & CDD Amendment

Hello All, Please see the most recent invoice attached, and let me know if you need anything else for this. Thank you.

Thanks, George

GEORGE VANCORE III
LCAM
Direct 904.646.9951

From: Laura Nadel <Laura.Nadel@fsresidential.com>
Sent: Friday, June 2, 2023 10:55 AM
To: Jason Pierman <JPierman@sdsinc.org>
Cc: Daniel Fetahovic <danilvillagio@gmail.com>; George Vancore <George.Vancore@fsresidential.com>; Frank Palen (palen@caldwellpacetti.com) <palen@caldwellpacetti.com>; Mary Webster <mwwbste@gmail.com>; Chase Mills
<cmills@flcalegal.com>; Anthony Paris <aparis@flcalegal.com>
Subject: Re: Il Villagio & CDD Amendment

George please pull up the Deerwood PUD invoice from avid and send over Regards
Laura M Nadel Regional Director

Please excuse any typos - sent from my cellphone

On Jun 2, 2023, at 10:53 AM, Jason Pierman <JPierman@sdsinc.org> wrote:

Hi Daniel,

Following up on this, as I have not heard back. The CDD’s meeting is Wednesday, and the Board will need information to make any decision. To recap:

The CDD cannot fund the PUD fees unless they are specifically billed to CDD-owned property. If you can provide that bill, the Board can consider it. However, they can’t pay Il Villagio’s entire bill. If there are CDD-specific fees and the Board agrees to take them on, the outcome would simply be a shift of that payment… CDD assessment would go up and HOA fees should go down.
In order for the Board to even consider funding maintenance that the Association was providing, the Board needs a budget. Additionally, the CDD would only be able to reimburse invoices, not Association administrative fees. Again, the end result would simply be a shift in who makes the payment… the residents still foot the bill.
The CDD cannot give away its maintenance oversight of CDD-owned improvements. The Board can consider different maintenance standards, but they need to know what those are.

As it stands right now, the agreement has been cancelled for next FY, which means that the CDD needs to increase assessments to take over ALL of the maintenance that was covered in the agreement, including lake maintenance, lake bank mowing, perimeter wall maintenance, and perimeter landscape maintenance. Additionally, the irrigation water and electric that is used for the perimeter wall and landscaping will need to be split out so the CDD can pay for those. I don’t think that there are separate meters, so the Association will need to have meters installed to split off those services. As you can imagine, having separate crews to maintain these items will likely cost homeowners significantly more than having it under one umbrella.

Again, the CDD meeting it Wednesday, so time is of the essence. The Board cannot agree to the proposed revisions, and without more information, they can’t even begin to consider alternatives. It is my hope that some understanding can be reached, as cancelling the agreement outright, which is where it looks like we’re heading, is not in the best interest of community.
Thank you, Jason Pierman
Management Director
Special District Services, Inc.
(561) 630-4922
www.sdsinc.org

From: Jason Pierman
Sent: Wednesday, May 24, 2023 11:17 AM
To: Daniel Fetahovic <danilvillagio@gmail.com>
Cc: Laura Nadel <Laura.Nadel@fsresidential.com>; George Vancore <George.Vancore@fsresidential.com>; Frank Palen (palen@caldwellpacetti.com) <palen@caldwellpacetti.com>; Mary Webster
<mwwbste@gmail.com>; Chase Mills <cmills@flcalegal.com>; Anthony Paris <aparis@flcalegal.com>
Subject: RE: Il Villagio & CDD Amendment Daniel,
My understand of why Section 9 was added was, at the request of the developer, to memorialize that those payments were going to be made by the Association… not that the CDD was assigning the payment. Not to split hairs, but I think the Association actually pre-dates the CDD by about a month. If we can get the invoice, maybe that will help us figure this out.

Just so they don’t get lost on the email thread, can you please also send me the below items:

PUD’s maintenance requirements/standards for the CDD Board to review
Cost of maintenance done on CDD-owned improvements (The CDD could potentially reimburse invoices, but they need amounts to consider.)
Is the Association planning on reducing fees to offset the CDD increase to residents? The last thing we want is to assess residents more than we need to.

Thank you, Jason Pierman
Management Director Special District Services, Inc.
(561) 630-4922
www.sdsinc.org

From: Daniel Fetahovic <danilvillagio@gmail.com>
Sent: Wednesday, May 24, 2023 10:09 AM
To: Jason Pierman <JPierman@sdsinc.org>
Cc: Laura Nadel <Laura.Nadel@fsresidential.com>; George Vancore <George.Vancore@fsresidential.com>; Frank Palen (palen@caldwellpacetti.com) <palen@caldwellpacetti.com>; Mary Webster
<mwwbste@gmail.com>; Chase Mills <cmills@flcalegal.com>; Anthony Paris <aparis@flcalegal.com>
Subject: Re: Il Villagio & CDD Amendment

Jason,
the PUD is mentioned in section 9 of the maintenance agreement. While the district property is defined, the district itself includes the residents of Il villagio. We feel the district was established as the taxing authority prior to the establishment of the association, therefore the PUD fees are assessed on the district.

Laura / George, were we able to find the invoices from Deerwood Park North Association? Daniel

On Tue, May 23, 2023 at 1:09 PM Jason Pierman <JPierman@sdsinc.org> wrote: Daniel,

Thank you for the information. It is not our intent to have the Association draft changes. We just need some insight from the Association on the reasoning behind the request. I wanted to address some of the points made below for clarification:

Districts typically do maintain infrastructure at a higher level than required, so this is not unusual. However, I can see the Association’s point of view. Would it be possible to obtain a copy of the PUD’s maintenance requirements, so the District Board can review?
Regarding the dissolution of the District… the bonds will not be paid off until 2035, so it is too early to begin that process. Additionally, in order to dissolve the District, another governmental entity must take possession of the District’s improvements. This will be difficult, and something that we will need to navigate when the time comes, especially because Il Villagio is a gated community.
The costs that the District could potentially reimburse would be limited to the maintenance that is being done on District-owned improvements. That is the cost that I am requesting, not the PUD fees.
Without knowing what the PUD fee is for, we’re at an impasse here. From what I can find, it was a developer obligation predating the District. If the District doesn’t have an interest, the District cannot pay it. Would it be possible to get a copy of the bill, or any information about it? Is it billed by parcel ID? If District-owned property is being assessed, maybe the Board could consider paying that part of it?
So that I can better explain to residents when they call, should the District Board take on the payment of any of these items, is the Association planning on an offsetting reduction to its fees? (I’m getting that question from everyone who calls.)

Hopefully we can find an agreement revision to which both the Association and the District can agree. The more information you can provide, the better positioned I will be to offer a solution that might work. Anything that the District takes on will result in an increased assessment for homeowners, so the more streamlined we can make things, the better… it doesn’t make sense to have two crews maintaining different parts of the community.
Thank you, Jason Pierman
Management Director
Special District Services, Inc.
(561) 630-4922
www.sdsinc.org

From: Daniel Fetahovic <danilvillagio@gmail.com>
Sent: Tuesday, May 23, 2023 11:07 AM
To: Jason Pierman <JPierman@sdsinc.org>
Cc: Laura Nadel <Laura.Nadel@fsresidential.com>; George Vancore
<George.Vancore@fsresidential.com>; Frank Palen (palen@caldwellpacetti.com)
<palen@caldwellpacetti.com>; Mary Webster <mwwbste@gmail.com>; Chase Mills
<cmills@flcalegal.com>; Anthony Paris <aparis@flcalegal.com>
Subject: Re: Il Villagio & CDD Amendment

Jason,
Thanks for the email. We've provided a starting document and would be willing to discuss any tracked changes and proposed language that would satisfy your position through the word document, but we are not willing to draft changes on behalf of the CDD or take on the responsibility to guess what the CDD would like written into the amendment.

But, in general to answer your questions I propose the following in BOLD in the trailing email.

Please let me know if you have any questions.
-Daniel

On Mon, May 22, 2023 at 4:29 PM Jason Pierman <JPierman@sdsinc.org> wrote: Laura,

Thank you for sending the proposed amendment. Again, I apologize for not responding sooner…. Your email went to my junk folder, and I just saw it on Thursday. Having had a chance to review it, I do have some notes/questions:

The District would need to be a party to any changes in maintenance standards. As the owner of the improvements, the District cannot give away its ability to require them to be maintained to the standards it sets. The associations position is that we are being required to maintain the elements above the standards set under the PUD for the entire Touchton road area. The district cannot have standards above and beyond the PUD requirements and not pay for them. Finally and ultimatley, we need to start working toward the dissolution of the district as the bonds are paid off and are of the opinion that the district should have no say on the standards since it has ceded that obligation to the association. The standards are set by the PUD for the entire area.
The District could possibly reimburse the Association, should the District Board agree, but they need a budget, so they can increase assessments to the correct corresponding amount for next fiscal year. Can you please send me what the expected budget is for those items? Laura, please provide the fees that are demanded by the PUD. please pull the latest invoices that were overdue when craig was here and add 20% if you cant get the budget from the PUD for next year. If you need contact information for the PUD please let me know.
I do not know that the District can legally pay for the PUD fees. The District must have an interest in whatever it funds. What is the purpose of those fees? From what I remember, those fees were a developer obligation that was not part of the District. I can't advise on this. The PUD was created before the district and the district passed them onto the Association under the maintenance agreement. We are no longer willing to cover these taxes under association assessments.

It’s important to understand that the District does not have a pot of money sitting around… any expenditure would be funded through an increase in residents’ assessments. Given that, why does the Association want to shift the collection to the District? Just to make you aware, I have spoken to several residents, and they have all asked if the Association dues will decrease if the District takes on these maintenance items.

Please give me a call to discuss. Thank you,
Jason Pierman Management Director Special District Services, Inc.
(561) 630-4922
www.sdsinc.org

From: Laura Nadel <Laura.Nadel@fsresidential.com>
Sent: Thursday, May 4, 2023 12:24 PM
To: Jason Pierman <JPierman@sdsinc.org>
Cc: George Vancore <George.Vancore@fsresidential.com>; Daniel Fetahovic
<danilvillagio@gmail.com>
Subject: Il Villagio & CDD Amendment

Good Morning Jason,

Please find attached the proposed amendment to the maintenance agreement. Please review and come back with any questions or comments.

If your team proposes changes to the document, please send back a line-marked copy for review. Thank you in advance.
Best regards, Laura Nadel

<image001.png>

LAURA NADEL
Regional Director, LCAM, CMCA, LREA(GA), Notary

6620 Southpoint Dr S Suite 610 | Jacksonville, FL 32216 Email laura.nadel@fsresidential.com

Proposal for
II Vilagio Condominiums Association 9745 Touchton Rd Jacksonville, FL 32256

Thank you for the opportunity to provide a proposal to maintain your property. The following Landscape Management Specification establishes the standard for grounds maintenance for 11 Vilagio.

. This standard outlines an efficient program to promote healthy growth of turi and plant material while maintaining a neat appearance of the grounds. This proposal includes Scope of Work, General Specifications for the maintenance and General Terms and Conditions.

Landscape Management

.CLIENT'S
APPB,OVA!-	',		MON:'r'HLY
PRICE	'J,

ANNUAL PRICE	
	-
SE.RVlCE			
	Basic Monthly Service	$7,000.00	$84,000.00	
	Additional Services (from below Total)	$2,425.00	$29,100.00	
TOTAL	$9,425.00	$113,100.00	

.

CLIENT'S	-  SERVICE	FREQUeNCl  S-.
PERY AR. _.	-MONTHLY
PRl¢E	YEARLY PRICE	
AP	F'ROVAL . -					
	Irrigation	12x	$400.00	$4,800.00	
Turi and Shrub	Fertilization	Bx	$1,200.00	$14,400.00	
36 Palms at pool	Palm Tree Pruning	1x	$225.00	$2,700.00	
	Annuals	4x	$600.00	$7,200.00	
	Visits	52x	$7,000.00	$84,000.00	
TOTAL	$9,425.00	$113,100.00	

-

Page 18

Customer #: 7820
Property Name: IL Villagio - Jacksonville Notice of Current Pricing
Hello Mr. Vancore:
Service Type: Lake Maintenance - SVR50493/MP#19124
Current price effective for these dates: November 1, 2022, through October 31, 2023.
$163.69 Monthly
$1,964.23 Annually
We appreciate your business and look forward to more successful years ahead!

Adam Grayson/adam.grayson@solitudelake.com Logan Wooley/logan.wooley@solitudelake.com

The Company reserves the right to increase the amount charged for the services beyond the escalation percentage stated in the TERM AND EXPIRATION above, which shall be communicated by written notice to the Customer, which notice may be by invoice.

21 West Church Street, Jacksonville, FL 32202-3139
Phone: 904.665.6000 • Fax: 904.665.7990 • Internet: jea.com

Page 1 of 8

Customer Name: IL VILLAGIO CONDO ASSN INC

Account #: 8945956290
Cycle: 02	Bill Date: 01/30/23

TOTAL SUMMARY OF CHARGES		
Electric	$	7,169.26	
Irrigation ......................................................	2,348.74	
Sewer ...........................................................	628.65	
Water ...........................................................	432.31	
(A complete breakdown of charges can be found on the following pages.)		
Total New Charges: ............................	$	10,578.96

 Change your light bulbs to LEDs.
 Energy Star commercial dishwashers are 10 percent more water-efficient than standard models.

Do not pay. AutoPay will process your payment on 02/21/23.

Previous Balance	Payment(s) Received	Balance Before New Charges	New Charges	Please Pay	
$9,990.19	-$9,990.19	$0.00	$10,578.96	$10,578.96	

WE APPRECIATE YOUR BUSINESS

Additional informationon reverse side. 

Add $	to my monthly bill: $	for Neighbor to Neighbor and/or $	for the Prosperity Scholarship Fund. I will notify JEA when I no longer wish to contribute.

Check here for telephone/mail address correction and fill in on reverse side.

1/1 379867/4133472 0000004 1 I=0000000000

Do not pay. AutoPay will process your payment on 02/21/23.

Bill Date: 01/30/23

Acct#: 8945956290

21 West Church Street, Jacksonville, FL 32202-3139
Phone: 904.665.6000 • Fax: 904.665.7990 • Internet: jea.com

Page 1 of 7

Customer Name: IL VILLAGIO CONDO ASSN INC

Account #: 8945956290
Cycle: 02	Bill Date: 03/29/23

TOTAL SUMMARY OF CHARGES

Electric ......................................................... $	7,872.96
Irrigation ......................................................	3,331.68
Sewer ...........................................................	622.07
Water ...........................................................	430.21
(A complete breakdown of charges can be found on the following pages.)
Total New Charges: ............................	$	12,256.92

Make sure the built-in power management system on office equipment is activated to ensure power saving during periods of inactivity.

 By turning off the faucet, following irrigation restrictions and checking for leaks, you can help preserve our most valuable natural resource.

Do not pay. AutoPay will process your payment on 04/20/23.

Previous Balance	Payment(s) Received	Balance Before New Charges	New Charges	Please Pay	
$12,709.97	-$12,709.97	$0.00	$12,256.92	$12,256.92	

WE APPRECIATE YOUR BUSINESS

Additional informationon reverse side. 

Add $	to my monthly bill: $	for Neighbor to Neighbor and/or $	for the Prosperity Scholarship Fund. I will notify JEA when I no longer wish to contribute.

Check here for telephone/mail address correction and fill in on reverse side.

1/1 383700/4156773 0000001 1 I=0000000000

Do not pay. AutoPay will process your payment on 04/20/23.

Bill Date: 03/29/23

Acct#: 8945956290

21 West Church Street, Jacksonville, FL 32202-3139
Phone: 904.665.6000 • Fax: 904.665.7990 • Internet: jea.com

Page 1 of 8

Customer Name: IL VILLAGIO CONDO ASSN INC

Account #: 8945956290
Cycle: 02	Bill Date: 02/28/23

TOTAL SUMMARY OF CHARGES

Electric ......................................................... $	8,336.47
Irrigation ......................................................	3,329.92
Sewer ...........................................................	615.49
Water ...........................................................	428.09
(A complete breakdown of charges can be found on the following pages.)
Total New Charges: ............................	$	12,709.97

Make sure the built-in power management system on office equipment is activated to ensure power saving during periods of inactivity.

 By turning off the faucet, following irrigation restrictions and checking for leaks, you can help preserve our most valuable natural resource.

Do not pay. AutoPay will process your payment on 03/22/23.

Previous Balance	Payment(s) Received	Balance Before New Charges	New Charges	Please Pay	
$10,578.96	-$10,578.96	$0.00	$12,709.97	$12,709.97	

WE APPRECIATE YOUR BUSINESS

Additional informationon reverse side. 

Add $	to my monthly bill: $	for Neighbor to Neighbor and/or $	for the Prosperity Scholarship Fund. I will notify JEA when I no longer wish to contribute.

Check here for telephone/mail address correction and fill in on reverse side.

1/1 381939/4145894 0000005 1 I=0000000000

Do not pay. AutoPay will process your payment on 03/22/23.

Bill Date: 02/28/23

Acct#: 8945956290

BILLING AND PAYMENT OPTIONS

Page 2 of 8

JEA offers a number of convenient billing and payment options. You can pay online, by phone, by mail, in person or automatically using your bank account. And you can go paperless by receiving your bill by email, which is easy for you and good for the environment.
eBill: Receive, view, and pay your bill online. JEA ebill is one of our most convenient ways to receive, view and pay your bill.
MyBudget: With MyBudget, your bill is based on a rolling 12-month average. This prevents drastic changes in your bill month to month, even in the coldest or hottest months when you use more.
Auto-Pay: Our Automatic Bill Payment service ensures your JEA bill is paid automatically. You still receive a bill, but Automatic Bill Pay deducts the amount you owe from your bank account on your due date. Once set up, you don’t have to do a thing.
Pay Online: When you pay your JEA bill on jea.com, your payment is credited to your account immediately. It is free to pay using your checking or savings account. Pay by debit or credit card–convenience fees charged by card payment vendor: Payments up to $500: $2.20, $500.01–$1,000:
$4.40, $1,000.01 - $10,000: $9.95.
Pay Through Your Bank: Use your bank’s bill payer system to pay JEA electronically. Provide your JEA account information to your bank and enter the date and amount to pay each month.
Pay by Phone: Call 665-6000 to pay your JEA bill using our automated phone system 24 hours a day. Your payment will be credited to your account immediately.
It is free to pay using your checking or savings account. Pay by debit or credit card–convenience fees charged by card payment vendor: Payments up to
$500: $2.20, $500.01–$1,000: $4.40, $1,000.01–$10,000: $9.95.
Pay by Mail: Please write your account number on your check or money order. Please include the payment stub with your payment and mail to
P.O. Box 45047, Jacksonville, FL 32232-5047. Make checks payable to JEA.
Pay in Person: JEA payments are accepted at the JEA Downtown Customer Center, Winn-Dixie stores, Duval County Tax Collector offices and over 140 JEA authorized payment-only locations. Find locations at JEA.com/paymentlocations. Be sure to take a copy of your JEA bill when you go. The JEA Downtown Customer Center, 43 W. Church Street, is open 8:00 a.m.–5:00 p.m. Monday through Friday except holidays. Closed Saturday.
When you provide a check as payment, you authorize us either to use information from your check to make a one-time electronic fund transfer from your account or to process the payment as a check transaction.
Request an Extension: We understand that sometimes things happen and you need a little more time to pay your bill. You can apply for an extension online at jea.com. Also, residential customers can call 665-6000; commercial customers can call 665-6250. Our self-serve system will let you know if you qualify and give you a new due date.
Need Help Paying Your Bill? United Way maintains a computerized database of programs that may be able to assist you in paying your utility bill. For assistance with your utility bill, dial 2-1-1 or 632-0600.
STATEMENT INFORMATION
APPLICATION AND CONTRACT FOR SERVICE–Customers may review terms and conditions of service and policies on jea.com, or may call, write or e-mail JEA to request a copy. Requesting of utility service and JEA's acceptance to provide utility service, including the rendering of a bill, constitutes a bindingcontractual agreement between JEA and the customer, including each financially responsible person or entity as defined by applicable State, City and Utility regulationsand policies, whether or not service is listed in that individual's name.
Please review your billing statement. Should you suspect a billing or payment error, please notify us immediately at 665-6000. Commercial customers can call us at 665-6250. You have 90 days from the statement date to request a JEA review for correction or credit.
Customer Charge is a fixed monthly charge to maintain an account for a customer, including metering, billing and account administration.
Energy Charge pays for the cost of the electric infrastructure, contribution to the City of Jacksonville and to generate and deliver the electricity you use, excluding the cost of fuel.
Fuel Cost is determined by the Adjustable Fuel Rate, which may go up or down based on the cost of fuels JEA uses to generate electricity. A portion of the fuel charge is exempt from the Public Service Tax.
Water/Sewer Service Availability Charge is a fixed monthly charge that covers a portion of the water/sewer infrastructure and the cost to maintain an account for a customer, including metering, billing and account administration.
Conservation Charge applies only if you use more than 2,750 kWh during a billing period. If this occurs, you will be charged an additional $.01 per kWh over 2,750 kWh to encourage conservation. Average home usage is 1,000 kWh per month.
Environmental Charge provides funding for environmental and regulatory programs.
Water Consumption/Sewer Usage Tiers are based on the amount of water you use. Typical household usage is 6 kgals or less.
Fees and Taxes are government transfers paid to city or state governments.
kgal: 1,000 gallons
cf: Cubic foot of water which equals 7.48 gallons of water

Page 22

kWh: Kilowatt-hour is a measure of electrical energy. One kWh is the equivalent of using 1,000 watts for one hour. For example, if you use a 100 watt light bulb for 720 hours (i.e. for 30 days straight), you will have used 72 kWh.

21 West Church Street, Jacksonville, FL 32202-3139
Phone: 904.665.6000 • Fax: 904.665.7990 • Internet: jea.com

SERVICE DETAILS	
Account Name:
IL VILLAGIO CONDO ASSN INC	Account #:
8945956290	Bill Date:
02/28/23	Cycle:
02	

Service Address:	Serv Type:	
Current Chgs:	Service Point:	Service Period:	Bill Rate:		
9745 TOUCHTON RD	E	3,102.67	Area Light	01/27/23 - 02/27/23	Street and Area Light Rate		
Detail	190 Unit(s) 175W MH PT		1,480.10					
Charges:	Fuel Charge		1,069.54					
Environmental Charge		9.25					
City of Jacksonville Franchise Fee		76.77					
Gross Receipts Tax		67.58					
Public Service Tax		171.00					
Florida State Sales Tax		228.43					
9745 TOUCHTON RD	E	701.09	Commercial - Electric	01/27/23 - 02/27/23	General Service		
Detail
Charges:	Basic Monthly Charge
Energy Charge ($0.0663 per kWh)	9.25
296.43	Meter Nbr	
23666166	Current Reading	
51619	Consumption	
4471 KWH	Days Billed 
31	Reading Typ
Regular	
	Fuel Cost	320.48						
	Environmental Charge	2.77						
	City of Jacksonville Franchise Fee	18.87						
	Gross Receipts Tax	16.61						
	Public Service Tax	36.68						

e

9745 TOUCHTON RD	E	26.08	Car Wash	01/27/23 - 02/27/23	General Service

Charges:	Energy Charge ($0.0663 per kWh)	5.77	23666239	3385	87 KWH	31	Regular	
	Fuel Cost	6.23						
	Environmental Charge	0.05						
	City of Jacksonville Franchise Fee	0.64						
	Gross Receipts Tax	0.56						
	Public Service Tax	1.67						
	Florida State Sales Tax	1.91						

Detail

Basic Monthly Charge	9.25

Meter Nbr	Current Reading	Consumption	Days Billed Reading Type

9745 TOUCHTON RD	I	415.03	Irrigation 1 - Commercial	01/26/23 - 02/26/23	Commercial Irrigation Service

1/1 381939/4145894 0000005 2 I=0000000000

Charges:	Tier 1 Consumption (1-14 kgal @ $3.44)	48.17	210228204	2211	63000 GAL	31	Regular	
	Tier 2 Consumption (> 14 kgal @ $3.96)	194.03						
	Environmental Charge	23.31						
	City of Jacksonville Franchise Fee	10.99						
	Public Service Tax	37.73						

Detail

Basic Monthly Charge	100.80

Meter Nbr	Current Reading	Consumption	Days Billed Reading Type

Service Address:	Serv Type:	
Current Chgs:	Service Point:	Service Period:	Bill Rate:		
9745 TOUCHTON RD		370.88	Irrigation 2 - Commercial	01/30/23 - 02/28/23	Commercial Irrigation Service		
Detail	Basic Monthly Charge
Charges:	Tier 1 Consumption (1-14 kgal @ $3.44)		100.80
48.17	Meter Nbr	
64979382	Current Reading	
98969	Consumption	Days Billed 
54000 GAL	29	Reading Typ
Regular	
Tier 2 Consumption (> 14 kgal @ $3.96)		158.39						
Environmental Charge		19.98						
City of Jacksonville Franchise Fee		9.82						
Public Service Tax		33.72						
9745 TOUCHTON RD		2,117.37	Irrigation 3 - Commercial	01/26/23 - 02/26/23	Commercial Irrigation	Service		
Detail
Charges:	Basic Monthly Charge
Tier 1 Consumption (1-14 kgal @ $3.44)	100.80
48.17	Meter Nbr	
84087124	Current Reading	
20605	Consumption	Days Billed 
410000 GAL	31	Reading Typ
Regular	
	Tier 2 Consumption (> 14 kgal @ $3.96)	1,568.15						
	Environmental Charge	151.70						
	City of Jacksonville Franchise Fee	56.06						
	Public Service Tax	192.49						

I
e

I
e

9745 TOUCHTON RD	I	21.42	Irrigation 5 - Commercial	01/26/23 - 02/26/23	Commercial Irrigation Service

Charges:	City of Jacksonville Franchise Fee	0.57	64758377	209	0 GAL	31	Regular	
	Public Service Tax	1.95						

Detail

Basic Monthly Charge	18.90

Meter Nbr	Current Reading	Consumption	Days Billed Reading Type

9745 TOUCHTON RD	I	405.22	Irrigation 4 - Commercial	01/30/23 - 02/28/23	Commercial Irrigation Service

Charges:	Tier 1 Consumption (1-14 kgal @ $3.44)	48.17	94225873	95	61000 GAL	29	Regular	
	Tier 2 Consumption (> 14 kgal @ $3.96)	186.11						
	Environmental Charge	22.57						
	City of Jacksonville Franchise Fee	10.73						
	Public Service Tax	36.84						

Detail

Basic Monthly Charge	100.80

Meter Nbr	Current Reading	Consumption	Days Billed Reading Type

9745 TOUCHTON RD	S	135.25	Club House - Water/Sewer	01/26/23 - 02/26/23	Commercial Sewer Service

Detail Charges:

Basic Monthly Charge	105.75
Sewer Usage Charge	24.08
Environmental Charge	1.48
City of Jacksonville Franchise Fee	3.94

Meter Nbr	Current Reading	Consumption	Days Billed Reading Type
65480970	1536	4000 GAL	31	Regular

1/1 381939/4145894 0000005 2 I=0000000000

9745 TOUCHTON RD	W	6.33	Fire Sprinkler 18	01/27/23 - 02/27/23	Overhead Sprinkler Service	
Detail	Sprinkler Charge		5.58				
Charges:	City of Jacksonville Franchise Fee		0.17				
Public Service Tax		0.58				
9745 TOUCHTON RD	W	6.33	Fire Sprinkler 8	01/27/23 - 02/27/23	Overhead Sprinkler Service	
Detail	Sprinkler Charge		5.58				
Charges:	City of Jacksonville Franchise Fee		0.17				
Public Service Tax		0.58				
9745 TOUCHTON RD	W	6.33	Fire Sprinkler 5	01/27/23 - 02/27/23	Overhead Sprinkler Service	
Detail	Sprinkler Charge		5.58				
Charges:	City of Jacksonville Franchise Fee		0.17				
Public Service Tax		0.58				

Service Address:	Serv Type:	
Current Chgs:	Service Point:	Service Period:	Bill Rate:	
9745 TOUCHTON RD	W	6.33	Fire Sprinkler 4	01/27/23 - 02/27/23	Overhead Sprinkler Service	
Detail	Sprinkler Charge		5.58				
Charges:	City of Jacksonville Franchise Fee		0.17				
Public Service Tax		0.58				
9745 TOUCHTON RD	W	6.33	Fire Sprinkler 1	01/27/23 - 02/27/23	Overhead Sprinkler Service	
Detail	Sprinkler Charge		5.58				
Charges:	City of Jacksonville Franchise Fee		0.17				
Public Service Tax		0.58				
9745 TOUCHTON RD	W	6.33	Fire Sprinkler 11	01/27/23 - 02/27/23	Overhead Sprinkler Service	
Detail	Sprinkler Charge		5.58				
Charges:	City of Jacksonville Franchise Fee		0.17				
Public Service Tax		0.58				
9745 TOUCHTON RD	W	6.33	Fire Sprinkler 33	01/27/23 - 02/27/23	Overhead Sprinkler Service	
Detail	Sprinkler Charge		5.58				
Charges:	City of Jacksonville Franchise Fee		0.17				
Public Service Tax		0.58				
9745 TOUCHTON RD	W	6.33	Fire Sprinkler 19	01/27/23 - 02/27/23	Overhead Sprinkler Service	
Detail	Sprinkler Charge		5.58				
Charges:	City of Jacksonville Franchise Fee		0.17				
Public Service Tax		0.58				
9745 TOUCHTON RD	W	6.33	Fire Sprinkler 21	01/27/23 - 02/27/23	Overhead Sprinkler Service	
Detail	Sprinkler Charge		5.58				
Charges:	City of Jacksonville Franchise Fee		0.17				
Public Service Tax		0.58				
9745 TOUCHTON RD	W	6.33	Fire Sprinkler 20	01/27/23 - 02/27/23	Overhead Sprinkler Service	
Detail	Sprinkler Charge		5.58				
Charges:	City of Jacksonville Franchise Fee		0.17				
Public Service Tax		0.58				
9745 TOUCHTON RD	W	6.33	Fire Sprinkler 24	01/27/23 - 02/27/23	Overhead Sprinkler Service	
Detail	Sprinkler Charge		5.58				
Charges:	City of Jacksonville Franchise Fee		0.17				
Public Service Tax		0.58				
9745 TOUCHTON RD	W	6.33	Fire Sprinkler 27	01/27/23 - 02/27/23	Overhead Sprinkler Service	
Detail	Sprinkler Charge		5.58				
Charges:	City of Jacksonville Franchise Fee		0.17				
Public Service Tax		0.58				
9745 TOUCHTON RD	W	6.33	Fire Sprinkler 10	01/27/23 - 02/27/23	Overhead Sprinkler Service	
Detail	Sprinkler Charge		5.58				
Charges:	City of Jacksonville Franchise Fee		0.17				
Public Service Tax		0.58				

1/1 381939/4145894 0000005 3 I=0000000000

1/1 381939/4145894 0000005 3 I=0000000000

Service Address:	Serv Type:	
Current Chgs:	Service Point:	Service Period:	Bill Rate:		
9745 TOUCHTON RD	W	6.33	Fire Sprinkler 3	01/27/23 - 02/27/23	Overhead Sprinkler Service		
Detail	Sprinkler Charge		5.58					
Charges:	City of Jacksonville Franchise Fee		0.17					
Public Service Tax		0.58					
9745 TOUCHTON RD	W	6.33	Fire Sprinkler 26	01/27/23 - 02/27/23	Overhead Sprinkler Service		
Detail	Sprinkler Charge		5.58					
Charges:	City of Jacksonville Franchise Fee		0.17					
Public Service Tax		0.58					
9745 TOUCHTON RD	W	6.33	Fire Sprinkler 22	01/27/23 - 02/27/23	Overhead Sprinkler Service		
Detail	Sprinkler Charge		5.58					
Charges:	City of Jacksonville Franchise Fee		0.17					
Public Service Tax		0.58					
9745 TOUCHTON RD	W	79.81	Club House - Water/Sewer	01/26/23 - 02/26/23	Commercial Water Service		
Detail
Charges:	Basic Monthly Charge
Water Consumption Charge	63.00
5.96	Meter Nbr	
65480970	Current Reading	
1536	Consumption	
4000 GAL	Days Billed 
31	Reading Typ
Regular	
	Environmental Charge	1.48						
	City of Jacksonville Franchise Fee	2.11						
	Public Service Tax	7.26						

e

9745 TOUCHTON RD	W	6.33	Fire Sprinkler 23	01/27/23 - 02/27/23	Overhead Sprinkler Service	
Detail	Sprinkler Charge		5.58				
Charges:	City of Jacksonville Franchise Fee		0.17				
Public Service Tax		0.58				
9745 TOUCHTON RD	W	6.33	Fire Sprinkler 14	01/27/23 - 02/27/23	Overhead Sprinkler Service	
Detail	Sprinkler Charge		5.58				
Charges:	City of Jacksonville Franchise Fee		0.17				
Public Service Tax		0.58				
9745 TOUCHTON RD	W	6.33	Fire Sprinkler 12	01/27/23 - 02/27/23	Overhead Sprinkler Service	
Detail	Sprinkler Charge		5.58				
Charges:	City of Jacksonville Franchise Fee		0.17				
Public Service Tax		0.58				
9745 TOUCHTON RD	W	6.33	Fire Sprinkler 9	01/27/23 - 02/27/23	Overhead Sprinkler Service	
Detail	Sprinkler Charge		5.58				
Charges:	City of Jacksonville Franchise Fee		0.17				
Public Service Tax		0.58				
9745 TOUCHTON RD	W	6.33	Fire Sprinkler 2	01/27/23 - 02/27/23	Overhead Sprinkler Service	
Detail	Sprinkler Charge		5.58				
Charges:	City of Jacksonville Franchise Fee		0.17				
Public Service Tax		0.58				
9745 TOUCHTON RD	W	6.33	Fire Sprinkler 7	01/27/23 - 02/27/23	Overhead Sprinkler Service	
Detail	Sprinkler Charge		5.58				
Charges:	City of Jacksonville Franchise Fee		0.17				
Public Service Tax		0.58				

Service Address:	Serv Type:	
Current Chgs:	Service Point:	Service Period:	Bill Rate:	
9745 TOUCHTON RD	W	6.33	Fire Sprinkler 6	01/27/23 - 02/27/23	Overhead Sprinkler Service	
Detail	Sprinkler Charge		5.58				
Charges:	City of Jacksonville Franchise Fee		0.17				
Public Service Tax		0.58				
9745 TOUCHTON RD	W	6.33	Fire Sprinkler 25	01/27/23 - 02/27/23	Overhead Sprinkler Service	
Detail	Sprinkler Charge		5.58				
Charges:	City of Jacksonville Franchise Fee		0.17				
Public Service Tax		0.58				
9745 TOUCHTON RD	W	6.33	Fire Sprinkler 16	01/27/23 - 02/27/23	Overhead Sprinkler Service	
Detail	Sprinkler Charge		5.58				
Charges:	City of Jacksonville Franchise Fee		0.17				
Public Service Tax		0.58				
9745 TOUCHTON RD	W	6.33	Fire Sprinkler 13	01/27/23 - 02/27/23	Overhead Sprinkler Service	
Detail	Sprinkler Charge		5.58				
Charges:	City of Jacksonville Franchise Fee		0.17				
Public Service Tax		0.58				
9745 TOUCHTON RD	W	6.33	Fire Sprinkler 32	01/27/23 - 02/27/23	Overhead Sprinkler Service	
Detail	Sprinkler Charge		5.58				
Charges:	City of Jacksonville Franchise Fee		0.17				
Public Service Tax		0.58				
9745 TOUCHTON RD	W	6.33	Fire Sprinkler 15	01/27/23 - 02/27/23	Overhead Sprinkler Service	
Detail	Sprinkler Charge		5.58				
Charges:	City of Jacksonville Franchise Fee		0.17				
Public Service Tax		0.58				
9745 TOUCHTON RD	W	6.33	Fire Sprinkler 17	01/27/23 - 02/27/23	Overhead Sprinkler Service	
Detail	Sprinkler Charge		5.58				
Charges:	City of Jacksonville Franchise Fee		0.17				
Public Service Tax		0.58				
9745 TOUCHTON RD APT 1	S	480.24	Commercial - Water/Sewer	01/30/23 - 02/28/23	Commercial Sewer Service	

Detail Charges:

Basic Monthly Charge	31.73
Sewer Usage Charge	409.36
Environmental Charge	25.16
City of Jacksonville Franchise Fee	13.99

Meter Nbr	Current Reading	Consumption	Days Billed Reading Type
80920849	1570	68000 GAL	29	Regular

9745 TOUCHTON RD APT 1	W	164.71	Commercial - Water/Sewer	01/30/23 - 02/28/23	Commercial Water Service

1/1 381939/4145894 0000005 4 I=0000000000

Detail Charges:

Basic Monthly Charge	18.90
Water Consumption Charge	101.32
Environmental Charge	25.16
City of Jacksonville Franchise Fee	4.36
Public Service Tax	14.97

Meter Nbr	Current Reading	Consumption	Days Billed Reading Type
80920849	1570	68000 GAL	29	Regular

1/1 381939/4145894 0000005 4 I=0000000000

Service Address:	Serv Type:	
Current Chgs:	Service Point:	Service Period:	Bill Rate:		
9745 TOUCHTON RD APT TRCT	E	4,506.63	Large Commercial - Electric	01/27/23 - 02/27/23	General Service Demand		
Detail
Charges:	Basic Monthly Charge
GSD Demand Charge	85.00
722.40	Meter Nbr	
23720914	Current Reading	
31480	Consumption	
30120 KWH	Days Billed 
31	Reading Typ
Regular	
	GSD Energy Charge	1,065.65	23720914	2.15	86.00 KW	31	Regular	
	Environmental Charge	18.67		
	Fuel Charge	2,159.00		
	City of Jacksonville Franchise Fee	121.52		
	Gross Receipts Tax	106.98		
	Public Service Tax	227.41		

e

A:COM

AECOM	904 281 9251	tel
4168 Southpolnt Parkway South 904 281 9892	fax
Suite205
Jacksonville, Florida 32216
www.aecom.com

July 24, 2023

Mr. Jason Pierman
Special District Services, Inc.
The Oaks Center 2501A Bums Road Palm Beach Gardens, Florida 33410

RE: Principal One Community Development District- Annual Report Dear Mr. Pierman:
Mr. Victor A. Caparr6s, a registered Engineer in Training, performd a visual inspection of the facilities owned by the Principal One Community Development (CDD) on June 22, 2023. These facilities include two lakes (Parcel No. 146036-2975 and Parcel No. 146036-2910) and the entry monumentation improvements (Parcel No. 146036- 2950). In general, the stormwater management facilities were found to be in good condition and free of any major debris. The inspection did not include extraordinary methods such as dewatering due to the expense. Concrete walls in the overflow structures showed minor spalling but in general the facilities were satisfactory in appearance and operation.

A visual inspection of the decorative walls within Parcel No. 146036-2950 was completed. During the visit, most historically observed minor cracks, exposed or damage decorative elements along some of the stucco walls had been repaired. Decorative stone veneer on the bottom section of the walls historically missing or had fallen off had not been repaired. Since these elements are mainly for aesthetic purposes, repairing them is at the CDD's discretion.

The sidewalks along the property exterior were also visually inspected. Uneven sidewalk panel surfaces were observed along Touchton Road, primarily north of the unmanned entry and exit gate. Uneven sidewalk panels were not observed within the walls of the community. Historic repairs and grinding to minimize trip and fall hazards from uneven sidewalk panels appear to remain effective. Uneven sidewalks and curb spalling should be scarified/ground down to eliminate trip and fall hazards. Minor cracking or spalling was observed on several other sidewalk panels, but they appear to be aesthetic in nature. General maintenance is performed by the Property Owners Association (POA) in accordance with a maintenance agreement entered into by the CDD and the POA. Still, the CDD maintains an oversight role.

Attachment A to this letter contains photos that were taken during the inspection along with notes and a location map. If you have any questions, or require additional information, please let me know.

Sincerely,

-- p

AECOM
\\.	:. t..----
Patrick Helms, P.E.
District Engineer

Enclosures

ATTACHMENT A

Location Map and Photos

Field Visited by Victor A. Caparrós, EIT. on June 22, 2023

,r

s

Lake 1 00

0

Lake 2
•

0

JOB NO.: 60183809

Principal	One  CDD

9745 Touchton  Rd
DUVAL COUNTY, JACKSONVILLE, FLORIDA
I	DATE:	JUNE 2023	GErf age 3lrE MAP

PHOTOGRAPHIC RECORD
4168 Southpoint Pkwy South, Ste 205, Jacksonville, Florida 32216	Source: 06/22/23 Site Visit	
Client Name:
Principal One CDD	Site View:
Il Villagio Site Inspection, 9745 Touchton Rd, Duval County, Jacksonville, FL	Project No.
60183809	

Photo No. 1	Photo No. 2

Lake 1 east side facing west.	Lake 1 overflow structure with surficial spalling.

Photo No. 3	Photo No. 4
 	
Lake 2 east side facing west.	Lake 2 overflow structure.

PHOTOGRAPHIC RECORD
4168 Southpoint Pkwy South, Ste 205, Jacksonville, Florida 32216	Source: 06/22/23 Site Visit	
Client Name:
Principal One CDD	Site View:
Il Villagio Site Inspection, 9745 Touchton Rd, Duval County, Jacksonville, FL	Project No.
60183809	

Photo No. 5	Photo No. 6
 	
Lake 2 overflow structure.	Uneven external sidewalk panels east of unmanned entrance.

Photo No. 7

Uneven external sidewalk panels west of unmanned entrance.

RESOLUTION NO. 2023-02

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE PRINCIPAL ONE COMMUNITY DEVELOPMENT DISTRICT AMENDING RESOLUTION NO. 2023-01; AMENDING THE DATE AND TIME FOR THE PUBLIC HEARING TO CONSIDER THE FISCAL YEAR 2023/2024 FINAL BUDGET AND ASSESSMENTS AND AUTHORIZING THE SECRETARY AND DISTRICT MANAGER TO TAKE CERTAIN ACTIONS TO ACCOMPLISH THE INTENT OF THIS RESOLUTION; AND PROVIDING AN EFFECTIVE DATE.

WHEREAS, the Board of Supervisors (“Board”) of the Principal One Community Development District (the “District”) is required by Chapter 190.008, Florida Statutes, to approve a Proposed Budget for each fiscal year; and

WHEREAS, the Board previously adopted Resolution 2023-01 approving a proposed budget and setting a public hearing for June 7, 2023; and

WHEREAS, due to the unforeseen inability of the Board to secure a quorum for the scheduled public hearing, said public hearing had to be re-advertised and rescheduled; and

WHEREAS, the public hearing has been rescheduled for August 10, 2023, and all other requirements and filings associated with the preparation of the fiscal year budget have been completed.

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE PRINCIPAL ONE COMMUNITY DEVELOPMENT DISTRICT, THAT:

Resolution No. 2023-01 is hereby amended to change the date and time of the Public Hearing to August 10, 2023 at 6:00 p.m. in the Clubhouse of IL Villagio, 9745 Touchton Road Jacksonville, Florida 32246, for the purpose of receiving public comments on the Proposed Fiscal Year 2022/2023 Budget.

The Secretary of the District is authorized to execute any and all necessary transmittals, certifications or other acknowledgements or writings, as necessary, to comply with all applicable notice requirements.

PASSED, ADOPTED and EFFECTIVE this 10th day of August, 2023.

ATTEST:	PRINCIPAL ONE
COMMUNITY DEVELOPMENT DISTRICT

By:			By:	 Secretary/Assistant Secretary			Chairperson/Vice Chairperson

RESOLUTION NO. 2023-03

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE PRINCIPAL ONE COMMUNITY DEVELOPMENT DISTRICT, ESTABLISHING A REGULAR MEETING SCHEDULE FOR FISCAL YEAR 2023/2024 AND SETTING THE TIME AND LOCATION OF SAID DISTRICT MEETINGS; AND PROVIDING AN EFFECTIVE DATE.

WHEREAS, it is necessary for the Principal One Community Development District ("District") to establish a regular meeting schedule for fiscal year 2023/2024; and

WHEREAS, the Board of Supervisors of the District has set a regular meeting schedule, location and time for District meetings for fiscal year 2023/2024 which is attached hereto and made a part hereof as Exhibit “A”.

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE PRINCIPAL ONE COMMUNITY DEVELOPMENT DISTRICT, DUVAL COUNTY, FLORIDA, AS FOLLOWS:

Section 1.   The above recitals are hereby adopted.

Section 2.  The regular meeting schedule, time and location for meetings for fiscal year 2023/2024 which is attached hereto as Exhibit “A” is hereby adopted and authorized to be published.

PASSED, ADOPTED and EFFECTIVE this 10th day of August, 2023.

ATTEST:	PRINCIPAL ONE
COMMUNITY DEVELOPMENT DISTRICT

By:			By:		 Secretary/Assistant Secretary			Chairperson/Vice Chairperson

PRINCIPAL ONE COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2023/2024 REGULAR MEETING SCHEDULE

NOTICE IS HEREBY GIVEN that the Board of Supervisors of the Principal One Community Development District will hold Regular Meetings at 6:00 p.m. (unless otherwise noted) at the Clubhouse of IL Villagio, 9745 Touchton Road, Jacksonville, Florida 32246, on the following dates:

October 4, 2023
November 8, 2023
December 6, 2023
January 3, 2024
February 7, 2024
March 6, 2024
April 3, 2024
May 1, 2024
June 5, 2024
July 10, 2024
August 7, 2024
September 4, 2024

The purpose of the meetings is to conduct any business coming before the Board. Meetings are open to the public and will be conducted in accordance with the provisions of Florida law. Copies of the Agendas for any of the meetings may be obtained from the District’s website or by contacting the District Manager at (561) 630-4922 and/or at 1-877-737-4922 prior to the date of the particular meeting.

From time to time one or more Supervisors may participate by telephone; therefore, at the location of these meetings there will be a speaker telephone present so that interested persons can attend the meetings at the above location and be fully informed of the discussions taking place either in person or by telephone communication. Said meetings may be continued from time to time as stated on the record to a date, time and place certain.

If any person decides to appeal any decision made with respect to any matter considered at these meetings, such person will need a record of the proceedings and such person may need to ensure that a verbatim record of the proceedings is made at his or her own expense and which record includes the testimony and evidence on which the appeal is based.

In accordance with the provisions of the Americans with Disabilities Act, any person requiring special accommodations or an interpreter to participate at any of these meetings should contact the District Manager at (561) 630-4922 and/or toll free at 1-877-737-4922 at least seven (7) days prior to the date of the particular meeting.

Meetings may be cancelled from time to time without advertised notice.

PRINCIPAL ONE COMMUNITY DEVELOPMENT DISTRICT

www.principalonecdd.org

RESOLUTION 2023-04

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE PRINCIPAL ONE COMMUNITY DEVELOPMENT DISTRICT PROVIDING FOR THE APPOINTMENT OF A RECORDS MANAGEMENT LIAISON OFFICER; PROVIDING THE DUTIES OF THE RECORDS MANAGEMENT LIAISON OFFICER; ADOPTING A RECORDS RETENTION POLICY; DETERMINING THE ELECTRONIC RECORD TO BE THE OFFICIAL RECORD; PROVIDING FOR SEVERABILITY; AND PROVIDING FOR AN EFFECTIVE DATE.

Whereas, the Principal One Community Development District (the “District”) is a local unit of special-purpose government created and existing pursuant to Chapter 190, Florida Statutes; and

Whereas, Chapter 190, Florida Statutes, authorizes the District to adopt rules to govern the administration of the District and to adopt resolutions as may be necessary for the conduct of District business; and

Whereas, Section 257.36(5), Florida Statutes, requires the District to establish and maintain an active and continuing program for the economical and efficient management of records and to provide for the appointment of a records management liaison officer (“Records Management Liaison Officer”); and

Whereas, the District desires for the Records Management Liaison Officer to be an employee of the District or an employee of the District Manager; and

Whereas, the District desires to authorize the District’s records custodian to appoint a Records Management Liaison Officer, which may or may not be the District’s records custodian; and

Whereas, the District desires to prescribe duties of the Records Management Liaison Officer and provide for the assignment of additional duties; and

Whereas, the District’s Board of Supervisors (“Board”) finds that it is in the best interests of the District to adopt by resolution a records retention policy (the “Records Retention Policy”) for immediate use and application.

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE PRINCIPAL ONE COMMUNITY DEVELOPMENT DISTRICT, THAT:

SECTION 1. The District hereby authorizes the District’s records custodian to appoint a Records Management Liaison Officer and report such appointment to the appropriate State of Florida agencies. A Records Management Liaison Officer shall be an employee of the District or the District Manager. The Board, and the District’s records custodian, shall each have the individual power to remove the Records Management

Liaison Officer at any time for any reason. Immediately following the removal or resignation of a Records Management Liaison Officer, the District’s records custodian shall appoint a replacement Records Management Liaison Officer.

SECTION 2.  The duties of the Records Management Liaison Officer shall include the following:

Serve as the District’s contact with the Florida Department of State, State Library and Archives of Florida;

Coordinate the District’s records inventory;

Maintain records retention and disposition forms;

Coordinate District records management training;

Develop records management procedures consistent with the Records Retention Policy, as amended as provided herein;

Participate in the development of the District’s development of electronic record keeping systems;

Submit annual compliance statements;

Work with the Florida Department of State, State Library and Archives of Florida to establish individual retention schedules for the District, from time to time and as may be necessary; and

Such other duties as may be assigned by the Board or the District’s records custodian in the future.

SECTION 3. The District hereby adopts as its Records Retention Policy the applicable provisions of Section 257.36(5), Florida Statutes, the rules adopted by the Division of Library and Information Services of the Department of State (“Division”) pursuant to Section 257.36, Florida Statutes, and the General Records Schedules established by the Division. However, the District will retain certain records longer than required by the General Records Schedules established by the Division as set forth in Exhibit A. To the extent the above statute, rules or schedules are amended or supplemented in the future, the District’s Records Retention Policy shall automatically incorporate such amendment or supplement provided that such automatic amendment shall not reduce the retention times set forth in Exhibit A. The Records Retention Policy shall remain in full force and effect until such time as the Board amends the Policy.

SECTION 4. In accordance with section 668.50, Florida Statutes, and section 119.01, Florida Statutes, the Board finds that the electronic record shall be considered the official record and any paper originals are hereby duplicates which may be disposed of unless required to be preserved by any applicable statute, rule or ordinance.

SECTION 5.  If any provision of this resolution is held to be illegal or invalid, the other provisions shall remain in full force and effect.

SECTION 6. This Resolution shall become effective upon its passage; shall replace, supplant, and supersede any prior policy or resolution of the District regarding records retention; and shall remain in effect unless rescinded or repealed.

Passed and Adopted at a meeting of the District Board of Supervisors, this 10th day of August, 2023.

ATTEST:	PRINCIPAL ONE COMMUNITY DEVELOPMENT DISTRICT

Print name: 		Print name: 	 Secretary / Assistant Secretary			Chairperson, Board of Supervisors

Exhibit A:	Amendments to General Records Schedules Established by the Division

Exhibit A

Amendments to General Records Schedules established by the Division

ADVERTISEMENTS: LEGAL (Item #25)
The District shall retain mailed and published legal advertisements, and corresponding affidavits, relating to proceedings under uniform method of collection of debt assessments permanently. The District shall retain mailed and published legal advertisements, and corresponding affidavits, relating to the levy of assessments securing bonds for five (5) fiscal years provided applicable audits have been released, or until three (3) calendar years after related bonds are redeemed, whichever is later.

AUDITS: INDEPENDENT (Item #56)
The District shall retain the record copy of independent audits for ten (10) fiscal years or until three (3) calendar years after all related bonds are redeemed, whichever is later.

DISBURSEMENT RECORDS: DETAIL (Item #340)
The District shall retain the record copy of disbursement records relating to the use of bonds for five (5) fiscal years provided applicable audits have been released or until three (3) calendar years after related bonds are redeemed, whichever is later.

DISBURSEMENT RECORDS: SUMMARY (Item #341)
The District shall retain the record copy of disbursement records relating to the use of bonds for ten (10) fiscal years provided applicable audits have been released or until three (3) calendar years after related bonds are redeemed, whichever is later.

FINANCIAL REPORTS: LOCAL GOVERNMENT ANNUAL REPORTS (Item #107)
The District shall retain the record copy of disbursement records relating to the use of bonds for ten (10) fiscal years provided applicable audits have been released or until three (3) calendar years after all related bonds are redeemed, whichever is later.

INCIDENT REPORT FILES (Item #241)
The District shall retain incident reports for five (5) anniversary years from the date of the incident.

MINUTES: OFFICIAL MEETINGS (PRELIMINARY/AUDIO RECORDINGS/VIDEO RECORDINGS
(Item #4)
The District shall retain audio recordings of board of supervisor meetings for five (5) calendar years after adoption of the official minutes.

PROJECT FILES: CAPITAL IMPROVEMENT (Item #136)
The District shall retain the record copy of project files for projects funded with bonds for ten (10) fiscal years after completion of the project provided applicable audits have been released or until three (3) calendar years after all related bonds are redeemed, whichever is later.

REAL PROPERTY RECORDS: CONDEMNATION/DEMOLITION (Item #364)
The District shall retain the record copy of project files for condemnation/demolition projects funded with bonds for five (5) anniversary years after final action or until three (3) calendar years after all related bonds are redeemed, whichever is later. The record copy of deeds and easements shall be kept permanently.

REAL PROPERTY RECORDS: PROPERTY ACQUIRED (Item #172)
The District shall retain the record copy of documents related to property acquisitions funded with bonds for three (3) fiscal years after final disposition of the property provided applicable audits have been released or until three (3) calendar years after all related bonds are redeemed, whichever is later. The record copy of deeds and easements shall be kept permanently.

Miscellaneous Public Notices 23-04677D
Notice of Public Hearing
and Regular Board Meeting of the
Principal One Community Development District
The Board of Supervisors of the Principal One Community Development District (the “District”) will hold a Public Hearing and Regular Board Meeting on August 10, 2023, at 6:00 p.m., or as soon thereafter as the meeting can be heard, at the Clubhouse of IL Villagio located at 9745 Touchton Road, Jacksonville, Florida 32246.
The purpose of the Public Hearing is to receive public comment on the Fiscal Year 2023/2024 Proposed Final Budget of the District. A copy of the Budget and/or the Agenda may be obtained from the District’s website or at the offices of the District Manager, 2501A Burns Road, Palm Beach Gardens, Florida, 33410 during normal business hours. The purpose of the Regular Board Meeting is for the Board to consider any other business which may properly come before it. The meetings are open to the public and will be conducted in accordance with the provisions of Florida law for community development districts. Meetings may be continued as found necessary to a time and place specified on the record.
There may be occasions when one or more Supervisors will participate by telephone; therefore, a speaker telephone will be present at the meeting location so that Supervisors may be fully informed of the discussions taking place.
In accordance with the provisions of the Americans with Disabilities Act, any person requiring special accommodations or an interpreter to participate at these meetings should contact the District Manager at (561) 630-4922, and/or toll free at 1-877-737- 4922, at least seven (7) days prior to the date of the meetings.
If any person decides to appeal any decision made with respect to any matter considered at this Public Hearing and Regular Board Meeting, such person will need a record of the proceedings and such person may need to ensure that a verbatim record of the proceedings is made at their own expense and which record includes the testimony and evidence on which the appeal is based.
Meetings may be cancelled from time to time without advertised notice. Principal One Community
Development District www.principalonecdd.org Jul. 20/27 (23-04677D)

RESOLUTION NO. 2023-05

A RESOLUTION OF THE PRINCIPAL ONE COMMUNITY DEVELOPMENT DISTRICT ADOPTING A FISCAL YEAR 2023/2024 BUDGET.

WHEREAS, the Principal One Community Development District (“District”) has prepared a Proposed Budget and Final Special Assessment Roll for Fiscal Year 2023/2024 and has held a duly advertised Public Hearing to receive public comments on the Proposed Budget and Final Special Assessment Roll; and,

WHEREAS, following the Public Hearing and the adoption of the Proposed Budget and Final Assessment Roll, the District is now authorized to levy non ad-valorem assessments upon the properties within the District.

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE PRINCIPAL ONE COMMUNITY DEVELOPMENT DISTRICT THAT:

Section 1.	The Final Budget and Final Special Assessment Roll for Fiscal Year 2023/2024 attached hereto as Exhibit “A” is approved and adopted, and the assessments set forth therein shall be levied.

Section 2.	The Secretary of the District is authorized to execute any and all necessary transmittals, certifications or other acknowledgements or writings, as necessary, to comply with the intent of this Resolution.

PASSED, ADOPTED and EFFECTIVE this 10th day of August, 2023.

ATTEST:	PRINCIPAL ONE
COMMUNITY DEVELOPMENT DISTRICT

By:			By:		 Secretary/Assistant Secretary			Chairperson/Vice Chairperson

Principal One Community Development District

Final Budget For Fiscal Year 2023/2024
October 1, 2023 - September 30, 2024

CONTENTS

FINAL BUDGET

DETAILED FINAL BUDGET

DETAILED FINAL DEBT SERVICE FUND BUDGET

ASSESSMENT COMPARISON

FINAL BUDGET
PRINCIPAL ONE COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2023/2024
OCTOBER 1, 2023 - SEPTEMBER 30, 2024

REVENUES	
FISCAL YEAR 2023/2024
BUDGET	
O & M Assessments	140,065	
Debt Assessments	230,012	
Other Revenues	0	
 nterest ncome	240	
		
TOTAL REVENUES	$	370,317	
		
EXPENDITURES		
(ngineering/ nspections	2,000	
Supervisor Fees	0	
Management	2 ,900	
/egal	1,500	
Assessment Roll	5,000	
Audit Fees	4,000	
 nsurance	6,500	
/egal Advertisements	550	
Miscellaneous	800	
Postage	200	
Office Supplies	325	
Dues & Subscriptions	1 5	
Trustee Fee	2,500	
Continuing Disclosure Fee	300	
Website Management	2,000	
Contingency	350	
Miscellaneous Maintenance	 5,000	
TOTAL EXPENDITURES	$	129,100	
		
REVENUES LESS EXPENDITURES	$	241,217	
		
%ond Payments	(211,611)	
		
BALANCE	$	29, 0 	
		
County Appraiser & Tax Collector Fees	(14,803)	
Discounts For (arly Payments	(14,803)	
		
EXCESS/ S+ORTFALL 	$	-	
		
Carryover From Prior Year	0	
		
NET EXCESS/ S+ORTFALL 	$	-	

DETAILED FINAL BUDGET
PRINCIPAL ONE COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2023/2024
OCTOBER 1, 2023 - SEPTEMBER 30, 2024

REVENUES	
FISCAL YEAR 2021/2022 ACTUAL	
FISCAL YEAR 2022/2023 BUDGET	
FISCAL YEAR 2023/2024 BUDGET	

COMMENTS	
O & M Assessments	58,527	57,771	140,065	Expenditures Less nterest & Carryover/.92	
Debt Assessments	230,524	230,012	230,012	Bond Payments/.92	
Other Revenues	0	0	0		
 nterest ncome	142	120	240	ProMected At $20.00 Per Month	
					
TOTAL REVENUES	$	289,193	$	287,903	$	370,317		
					
EXPENDITURES					
Engineering/ nspections	3,620	2,000	2,000	No Change From 2022/2023 Budget	
Supervisor Fees	0	0	0	No Change From 2022/2023 Budget	
Management	26,316	27,096	27,900	CP AdMustment (Capped at 3 )	
Legal	720	2,000	1,500	$500 Decrease From 2022/2023 Budget	
Assessment Roll	5,000	5,000	5,000	No Change From 2022/2023 Budget	
Audit Fees	3,800	3,900	4,000	Accepted Amount For 2022/2023 Audit	
 nsurance	5,706	6,000	6,500	Fiscal Year 2023/2024 nsurance Was $6,134	
Legal Advertisements	337	550	550	No Change From 2022/2023 Budget	
Miscellaneous	705	825	800	$25 Decrease From 2022/2023 Budget	
Postage	103	200	200	No Change From 2022/2023 Budget	
Office Supplies	204	350	325	$25 Decrease From 2022/2023 Budget	
Dues & Subscriptions	175	175	175	No Change From 2022/2023 Budget	
Trustee Fee	2,500	2,500	2,500	No Change From 2022/2023 Budget	
Continuing Disclosure Fee	300	300	300	No Change From 2022/2023 Budget	
Website Management	2,000	2,000	2,000	No Change From 2022/2023 Budget	
Contingency	0	374	350	Contingency	
Miscellaneous Maintenance	0	0	75,000	Miscellaneous Maintenance	
TOTAL EXPENDITURES	$	51,486	$	53,270	$	129,100		
					
REVENUES LESS EXPENDITURES	$	237,707	$	234,633	$	241,217		
					
Bond Payments	(214,453)	(211,611)	(211,611)	2024 P & Payments Less Earned nterest	
					
BALANCE	$	23,254	$	23,022	$	29,606		
					
County Appraiser & Tax Collector Fees	(9,754)	(11,511)	(14,803)	Four Percent Of Total Assessment Roll	
Discounts For Early Payments	(10,370)	(11,511)	(14,803)	Four Percent Of Total Assessment Roll	
					
EXCESS/ (SHORTFALL)	$	3,130	$	-	$	-		
					
Carryover From Prior Year	0	0	0	Carryover Balance From Prior Year	
					
NET EXCESS/ (SHORTFALL)	$	3,130	$	-	$	-		

DETAILED FINAL DEBT SERVICE BUDGET
PRINCIPAL ONE COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2023/2024
OCTOBER 1, 2023 - SEPTEMBER 30, 2024

REVENUES	FISCAL YEAR 2021/2022 ACTUAL	FISCAL YEAR 2022/2023 BUDGET	FISCAL YEAR 2023/2024 BUDGET	

COMMENTS	

 nterest ncome	
163	
25	
100	
ProMected nterest For 2023/2024	

NA9 Tax Collection	
214,453	
211,611	
211,611	
Maximum Debt Service Collection	

Total Revenues	
$	214,616	
$	211,636	
$	211,711		

EXPENDITURES					

Principal Payments	
150,000	
155,000	
155,000	
Principal Payment Due n 2024	

 nterest Payments	
62,013	
55,756	
52,494	
 nterest Payments Due n 2024	

Bond Redemption	
0	
880	
4,217	
Estimated Excess Debt Collections	

Total Expenditures	
$	212,013	
$	211,636	
$	211,711		

Excess/ (Shortfall)	
$	2,603	
$	-	
$	-		

Series 2016 Bond Refunding Information
Original Par Amount =	$2,945,000	Annual Principal Payments Due =	May 1st	
 nterest Rate =	2.75%	Annual nterest Payments Due =	May 1st & November 1st	
 ssue Date =	May 2016			
Maturity Date =

Par Amount As Of 1/1/23 =	May 2035

$2,105,000			

Principal One Community Development District Assessment Comparison

Original	Fiscal Year	Fiscal Year	Fiscal Year	Fiscal Year	
Projected	2020/2021	2021/2022	2022/2023	2023/2024	
 Assessment* 	  Assessment*	  Assessment*	  Assessment*	 Projected Assessment*	

O & M

$	132.98	$

131.30	$

131.30	$

131.30	$

318.34

Debt

$	617.02

$	523.95

$	523.95

$	523.95

$	523.95

Total

$	750.00	$

655.25	$

655.25	$

655.25	$

842.29

* Assessments nclude the Following 4% Discount for Early Payments
1% County Tax Collector Fee
1% County Property Appraiser Fee
Community nformation		 Total Units	440
Prepayments	1 Billed for Debt		439

5/26/2023 10 39 AM	 V