Southaven Community Development District

Board of Supervisors’ Meeting
August 2, 2023

District Office:
St Augustine, Florida (904) 436-6270

www.southavencdd.org

SOUTHAVEN COMMUNITY DEVELOPMENT DISTRICT

Markland Amenity Center, 61 Clarissa Lane St. Augustine, FL 32095 www.southavencdd.org

Board of Supervisors	Richard Fetter	Chairman	
	Roger Giddens	Chairman	
	Bob Monk	Assistant Secretary	
	Don Boerema	Assistant Secretary	
	Jim Alexander	Assistant Secretary	

District Manager	Melissa Dobbins	Rizzetta & Company, Inc.	
District Counsel	Jonathan Johnson Katie Buchanan	Kutak Rock, LLP Kutak Rock, LLP	
District Engineer	Scott Lockwood	England-Thims & Miller, Inc.	

All cellular phones must be placed on mute while in the meeting room.

The Audience Comments portion, on Agenda Items Only, will be held at the beginning of the meeting. The Audience Comments portion of the agenda, on General Items, will be held at the end of the meeting. During these portions of the agenda, audience members may make comments on matters that concern the District (CDD) and will be limited to a total of three (3) minutes to make their comments.

Pursuant to provisions of the Americans with Disabilities Act, any person requiring special accommodations to participate in this meeting/hearing/workshop is asked to advise the District Office at least forty-eight (48) hours before the meeting/hearing/workshop by contacting the District Manager at (239) 936-0913. If you are hearing or speech impaired, please contact the Florida Relay Service by dialing 7-1- 1, or 1-800-955-8771 (TTY)
1-800-955-8770 (Voice), who can aid you in contacting the District Office.

A person who decides to appeal any decision made at the meeting/hearing/workshop with respect to any matter considered at the meeting/hearing/workshop is advised that person will need a record of the proceedings and that accordingly, the person may need to ensure that a verbatim record of the proceedings is made including the testimony and evidence upon which the appeal is to be based.

SOUTHAVEN COMMUNITY DEVELOPMENT DISTRICT

District Office · St. Augustine, Florida · (904) 436-6270
Mailing Address · 3434 Colwell Avenue, Suite 200, Tampa, Florida 33614
www.southavencdd.org
Board of Supervisors	July 26, 2023
Southaven Community
Development District	AGENDA

Dear Board Members:
The regular meeting of the Board of Supervisors of the Southaven Community Development District will be held on August 2, 2023 at 10:00 a.m. at the Markland Amenity Center located at 61 Clarissa Lane St. Augustine, FL 32095. The following is the agenda for this meeting:
CALL TO ORDER/ROLL CALL
AUDIENCE COMMENTS ON AGENDA ITEMS
BUSINESS ADMINISTRATION
Consideration of the Minutes of the Board of Supervisors’
Meeting held on May 5, 2023	Tab 1
Ratification of the Operations and Maintenance Expenditures for
April, May and June 2023	Tab 2
Consideration of Resolution 2023-04; Redesignating Secretary	Tab 3
Acceptance of Annual Audit – Fiscal Year Ending September 2022	Tab 4
STAFF REPORTS
District Counsel
District Engineer
Acceptance of Annual Engineer’s Report	Tab 5
Landscape and Maintenance Report	Tab 6
BrightView Enhancement Proposals	Tab 7
General Manager Report	Tab 8
Amenity Update
Discussion Regarding Age Requirement for Pool Use
Discussion Regarding Aluminum Cans on Pool Deck
Field Update
Clearwaters Lake Management Report
District Manager
BUSINESS ITEMS
Consideration of Surge Protection Proposals	Tab 9
Consideration of Resolution 2023-05; Setting Bid Thresholds (under separate cover)
Public Hearing on Fiscal Year 2023-2024 Budget
Consideration of Resolution 2023-06; Approving Fiscal
Year 2023-2024 Budget	Tab 10
Public Hearing on Special Assessments
Consideration of Resolution 2023-07; Imposing Special Assessments…	Tab 11
Consideration of Vesta Renewal Proposal (under separate cover)
Consideration of Resolution 2023-08; Setting Date, Time and
Location for FY 2023-2024 Meetings	Tab 12
AUDIENCE COMMENTS AND SUPERVISOR REQUESTS
ADJOURNMENT
We look forward to seeing you at the meeting. In the meantime, if you have any questions, please do not hesitate to call us at 904-436-6270.	Very truly yours,
Melissa Dobbins
Melissa Dobbins

Tab 1

1	MINUTES OF MEETING
2
Each person who decides to appeal any decision made by the Board with respect to any matter
considered at the meeting is advised that the person may need to ensure that a verbatim record
of the proceedings is made, including the testimony and evidence upon which such appeal is to
be based.
7
8	SOUTHAVEN
9	COMMUNITY DEVELOPMENT DISTRICT
10
11
12	The regular meeting of the Board of Supervisors of Southaven Community Development
13  District was held May 5, 2023 at 10:00 a.m. held at the Markland Amenity Center located at 61
14 Clarissa Lane, St. Augustine, Florida 32095. Following is the agenda for the meeting.
15
16
17	Present and constituting a quorum:
18
19	Richard Fetter	Board Supervisor, Chairman
20	Roger Giddens	Board Supervisor, Vice Chairman
21	Bob Monk	Board Supervisor, Assistant Secretary
22	Don Boerema	Board Supervisor, Assistant Secretary
23	Jim Alexander	Board Supervisor, Assistant Secretary
24
25
26	Also present were:
27
28	Melissa Dobbins	District Manager, Rizzetta & Company, Inc.
29	Katie Buchanan	District Counsel, Kutak Rock, LLC
30	Lisa Licata	Amenity Manager, Vesta
31
32
33	Audience in attendance.
34
35
36  FIRST ORDER OF BUSINESS	Call to Order
37
38  Ms. Dobbins called the meeting to order at 10:00 a.m. and read roll call.
39
40  SECOND ORDER OF BUSINESS	Audience Comments on Agenda Items
41
42  Audience had comments on the proposed budget and process.
43
44	THIRD ORDER OF BUSINESS	Consideration of the Minutes of the	
45		Regular Meeting held on February 1,	
46		2023	
47			

On a motion by Mr. Boerema, seconded by Mr. Monk with all in favor, the Board approved	
the Minutes of the Regular Meeting held on February 1, 2023, for Southaven Community	
	Development District.		
49			
50	FOURTH ORDER OF BUSINESS	Ratification of the Operations and	
51		Maintenance Expenditures for	
52	
On a motion by Mr. Monk, seconded by Mr Operations and Maintenance Expenditures February 2023 in the amount of $64,943.41 for Southaven Community Development Dis	January, February and March 2023
. Giddens, with all in favor, the Board ratified for January 2023 in the amount of $133,232.87,
, and March 2023 in the amount of $67,638.58, trict.	
53
54  FIFTH ORDER OF BUSINESS	STAFF REPORTS
55
A.	District Counsel
After discussion, the Board directed counsel to draft up a formal resolution
regarding number of bids required and spending thresholds for staff. It was
stated that staff will attempt to get a minimum of 2 bids on projects that are
$5,000.00 or more, and a minimum of 3 bids on projects that are $20,000.00 or
more. Regarding threshold spending limits, the amenity manager would have
authority to approve items up to $5,000.00, but will need the Chairman’s approval
up to $10,000.00 and up to $20,000.00 for emergencies (if Chair is not available
any other board member may approve).
65
Ms. Buchanan then noted that the Fire Pit matter was resolved, sent POA
parking agreement to review and paver matter is still not resolved.
68
B.	District Engineer
Ms. Licata updated the Board that the District Engineer is reviewing the berm
matter and will have findings and recommendations. In the meantime, the Board
requested staff to request property owner for a copy of his engineer’s report.
73
C.	Landscape and Maintenance (under separate cover)
BrightView reviewed the cost to remove the hedge and resod at the dog park.
76

77	On a mot approved Developm	ion by Mr. Alexander, seconded by Mr. Giddens, with all in favor, the Board the BrightView proposal in the amount of $2,943.36, for Southaven Community ent District.	
78	D.	General Manager Report	
79		Board reviewed the Amazon option to add a device to visitors side arm at gate	
80		entrance so they have ability to get in the community for quicker deliveries. After	
81		discussion, the Board authorized Ms. Licata to approve subject to Envera	
82		confirming it will not interfere with their system and the equipment.	
83			
84			

After discussion, the Board approved extending the gym hours to 4am-12pm and
directed staff to monitor attendance during this additional time slot.
87
The Board approved Ms. Licata to order two new Markland welcome mats for
$289.00 each.
90
The Board directed staff to look into cancelling the Fitness on Demand due to
very little usage.
93
The Board discussed drainage issue concerns off some sidewalks within the
community. The Board directed staff to review how many areas there may be
that are not draining properly into the roadway. Then further assessment will be
done to determine if the issue is the sidewalk or the sod being too high to not
allow proper flow.
99
100	1.	Amenity Update
101	Ms. Licata noted she will move forward with new mailbox numbers.
102
103	2.	Field Update
104
105	3.	Clearwaters Lake Management Report
106
E.	District Manager
There was no report.
109
SIXTH ORDER OF BUSINESS	Consideration of Hallco Preventative
Maintenance Proposal
112
After discussion the board approved HallCo proposal and directed staff to pay the full annual
amount to receive the discount rate.
115
On a motion by Mr. Boerema, seconded by Mr. Giddens, with all in favor, the Board approved Hallco proposal for Preventative Maintenance, for Southaven Community Development District.

116
SEVENTH ORDER OF BUSINESS	Consideration of Lighted Entrance
Gate Arm and Surge Protection
Proposal

On a motion by Mr. Boerema, seconded by Mr. Alexander, with all in favor, the Board approved the surge protectors, LED kit and bollards for the gate at a not to exceed amount of
$4,700.00, for Southaven Community Development District.

120

121
EIGHTH ORDER OF BUSINESS	Consideration of Street Sweeping
Proposal

On a motion by Mr. Monk, seconded by Mr. Alexander, with all in favor, the Board approved 1 year on-call service in a not to exceed amount of $2,200.00 per sweep and disposal, for Southaven Community Development District.

125

126
127  NINTH ORDER OF BUSINESS	Review of Janitorial Services
128
On a motion by Mr. Monk, seconded by Mr. Alexander, with all in favor, the Board approved Service Masters proposal in the amount of $859.00 per month, for Southaven Community Development District.

129
TENTH ORDER OF BUSINESS	Consideration of Resolution 2023-03;
Approving FY 2023/2024 Proposed
Budget and Setting Public Hearing
133
On a motion by Mr. Fetter, seconded by Mr. Giddens, with all in favor, the Board set the public hearing for August 2nd at 10:00 am, for Southaven Community Development District.
134
135  ELEVENTH ORDER OF BUSINESS	Audience Comments and Supervisor
136	Requests
137
138  Audience
139
140  Audience Members had question and comments regarding terms of contracts, noting,
141  maintenance calendar, request for mole hills to be reviewed in passive parks, road ownership,
142  request for umbrellas and painting of roadway lines.
143
144  Supervisor Comments
145
146  Mr. Monk requested the Board start with the Pledge of Allegiance before each meeting. The
147  Board agreed.
148
149  TWELFTH ORDER OF BUSINESS	Adjournment

On a motion by Mr. Fetter, seconded by Mr. Boerema, with all in favor, the Board adjourned the Board of Supervisors’ Meeting at 12:36 p.m. for Southaven Community Development District.

150

151
152
153
154
155
156

158
159
160
161
162
163
164
165
166
167
168
169
170
171
 	
Secretary/Assistant Secretary	Chairman/Vice Chairman

Tab 2

SOUTHAVEN COMMUNITY DEVELOPMENT DISTRICT

DISTRICT OFFICE ꞏ ST. AUGUSTINE, FLORIDA 32084 
Mailing Address ꞏ 3434 Colwell Avenue, Suite 200 ꞏ Tampa, Florida 33614 www.SouthavenCDD.org

Operation and Maintenance Expenditures April 2023
Presented For Board Approval

Attached please find the check register listing the Operation and Maintenance expenditures paid from April 1, 2023 through April 30, 2023. This does not include expenditures previously approved by the Board.

The total items being presented:	$67,524.80

Approval of Expenditures:

	 Chairperson

	 Vice Chairperson

	 Assistant Secretary

AT&T	
EFT	322343089 03/23
Autopay 287	
Internet & Phone Services 03/23	
$	150.57	

AT&T	
EFT	323860823 03/23
Autopay 287	
Internet & Phone Services 03/23	
$	310.75	
BrightView Landscape Services, Inc.	
100202	
8354769	
Landscape Maintenance 04/23	
$	13,930.00	
BrightView Landscape Services, Inc.	
100195	
8368672	
Soil Mix Installation 04/23	
$	507.21	
Clear Waters, Inc.	100188	130910	Pond Maintenance 03/23	$	803.50	

COMCAST	
EFT	8495 74 140 12131297
03/23 Autopay 287	
Wireless Telephone Services 03/23	
$	343.68	

Disclosure Services, LLC	
100192	
8 287	Amortization Schedule Series 0216A- 1 11/1/22	
$	100.00	

Florida Power & Light Company	
EFT	Monthly Summary 04/23 Autopay 287	
Electric Services 04/23	
$	3,356.47	
Hidden Eyes, LLC	100203	725539	Alarm Monitoring Services 03/23	$	4,187.62	
Kutak Rock, LLP	100191	3197346	Legal Services 02/23	$	2,112.18	
McDirmit Davis & Company, LLC	100193	5505	Accounting Services 03/23	$	3,800.00	
Myrdith Investments LLC	100201	1548	Entry Way Maintenance 03/23	$	3,000.00	
Otis Elevator Company	100196	TAJ15683001	Elevator Maintenance 02/23	$	350.00	

Poolsure	100197	1312956132596	Pool Maintenance 04/23	$	697.65	
Rizzetta & Company, Inc.	100187	INV0000078827	District Management Fees 04/23	$	3,556.16	
Smith Electrical, Inc.	100204	21411	Replaced LED Lambs 04/23	$	1,038.97	
Southeast Fitness Repair	100199	101457	Fitness Maintenance 03/23	$	330.00	
Southaven	DC040523	DC040523	Debit Card Replenishment 04/05/23	$	1,825.65	
Southaven	DC042823	DC042823	Debit Card Replenishment 04/28/23	$	721.31	

St Johns Utility Department	
EFT	Monthly Summary 03/23 Autopay 287	
Water-Sewer Services 03/23	
$	4,031.19	
Sunbelt Gated Access Systems of Florida, LLC	
100205	
72932	
Gate Maintenance 04/23	
$	7,045.00	
Treeco	100189	8957	Removal of Dead Trees 03/23	$	950.00	
Treeco	100190	8968	Removal of Dead Tree 03/23	$	550.00	
Treeco	100194	8998	Removal of Dead Tree 03/23	$	400.00	
Turner Pest Control, LLC	100206	617160478	Pest Control Services 04/23	$	84.90	

Vesta Property Services, Inc.	
100207	
408613	Management & Staffing Services 04/23	
$	12,724.83	

Vesta Property Services, Inc.	100198	409326	Billable Mileage 03/23	$	127.50	
VGlobal Tech	100200	4926	ADA & WCAG Audit 04/23	$	300.00	
Waste Management Inc. of		0029239-4032-0			
Florida	EFT	Autopay 287	Waste Disposal Services 04/23	$	189.66	
Report Total				$	67,524.80	

SOUTHAVEN COMMUNITY DEVELOPMENT DISTRICT

DISTRICT OFFICE ꞏ ST. AUGUSTINE, FLORIDA 32084 
Mailing Address ꞏ 3434 Colwell Avenue, Suite 200 ꞏ Tampa, Florida 33614 www.SouthavenCDD.org

Operation and Maintenance Expenditures May 2023
Presented For Board Approval

Attached please find the check register listing the Operation and Maintenance expenditures paid from May 1, 2023 through May 31, 2023. This does not include expenditures previously approved by the Board.

The total items being presented:	$56,918.38

Approval of Expenditures:

	 Chairperson

	 Vice Chairperson

	 Assistant Secretary

		322343089 04/23				
AT&T	EFT	Autopay 287	Internet & Phone Services 04/23	$	165.98	
		323860823 04/23				
AT&T	EFT	Autopay 287	Internet & Phone Services 04/23	$	308.10	
BrightView Landscape Services,	
Inc.	100227	8396784	Landscape Maintenance 05/23	$	13,930.00	
BrightView Landscape Services,	
Inc.	100214	8399252	Hedge Removal 04/23	$	1,642.32	
Clear Waters, Inc.	100215	130143	Pond Maintenance 02/23	$	803.50	
Clear Waters, Inc.	100216	131719	Pond Maintenance 04/23	$	803.50	
		8495 74 140 1213297				
COMCAST	EFT	04/23 Autopay 287	Wireless Telephone Services 04/23	$	373.70	
Division of Hotels and		License #103254 File				
Restaurants	100209	#176634 05/23	License #103254 File #176634 05/23	$	75.00	
England, Thims & Miller, Inc.	100217	208099	Engineering Services 04/23	$	973.75	
Fastsigns	100221	2202-10373	2 Yellow Bollards 05/23	$	1,655.12	
First Coast Franchising	100218	JAK04230378	Janitorial Services 04/23	$	545.00	

Monthly Summary 05/23	
Florida Power & Light Company	EFT	Autopay 287	Electric Services 05/23	$	3,264.59	
Hancock Bank	100210	40372	S/A Trustee Fee 04/23	$	2,000.00	
Hidden Eyes, LLC	100224	726721	Alarm Monitoring Services 04/23	$	4,187.62	
Kutak Rock, LLP	100211	3210650	Legal Services 03/23	$	766.00	
Poolsure	100220	131295614319	Pool Maintenance 05/23	$	697.65	
Rizzetta & Company, Inc.	100208	INV0000079652	District Management Fees 05/23	$	3,556.16	
Smith Electrical, Inc.	100223	21500	Replace 2 Lights 05/23	$	997.83	
Southaven CDD	DC052223	DC052223	Debit Card Replenishment 05/22/23	$	1,817.40	
Monthly Summary 04/23	
St Johns Utility Department	EFT	Autopay 287	Water-Sewer Services 04/23	$	4,093.54	
Synergy Florida	100213	370774	Service Call 04/23	$	160.00	
The Ledger / News Chief/ CA						
Florida Holdings, LLC	100219	5533995	Legal Advertising 04/23	$	160.48	

Treeco	100212	9071	Tree Removal 04/23	$	600.00	
			Management & Staffing Services		
Vesta Property Services, Inc.	100225	409856	05/23	$	12,724.83	
VGlobal Tech	100226	5013	ADA Website Maintenance 05/23	$	300.00	
Waste Management Inc. of		0030401-4032-3			
Florida
Wayne Automatic Fire Sprinklers,	EFT	Autopay 287	Waste Disposal Service 05/23	$	189.66	
Inc.	100222	1042092	Quarterly Sprinkler Inspection 04/23	$	126.65	

Report Total				
$	56,918.38	

SOUTHAVEN COMMUNITY DEVELOPMENT DISTRICT

DISTRICT OFFICE ꞏ ST. AUGUSTINE, FLORIDA 32084 
MAILING ADDRESS ꞏ 3434 COLWELL AVENUE, SUITE 200 ꞏ TAMPA, FLORIDA 33614 WWW.SOUTHAVENCDD.ORG

Operation and Maintenance Expenditures June 2023
Presented For Board Approval

Attached please find the check register listing the Operation and Maintenance expenditures paid from June 1, 2023 through June 30, 2023. This does not include expenditures previously approved by the Board.

The total items being presented:	$63,182.38

Approval of Expenditures:

	 Chairperson

	 Vice Chairperson

	 Assistant Secretary

Ancient City Janitorial LLC	100237	1279	Janitorial Services 06/23	$	859.00	

AT&T	
EFT	322343089 05/23
Autopay 287	
Internet & Phone Services 05/23	
$	165.98	

AT&T	
EFT	323860823 05/23
Autopay 287	
Internet & Phone Services 05/23	
$	308.10	
BrightView Landscape Services, Inc.	
100249	
8444738	
Landscape Maintenance 06/23	
$	13,930.00	

COMCAST	
EFT	8495 74 140 1213297
05/23 Autopay 287	
Wireless Telephone Services 05/23	
$	373.70	
England, Thims & Miller, Inc.	100236	208480	Engineering Services 05/23	$	205.00	
First Coast Franchising	100235	JAk05230376	Janitorial Services 05/23	$	545.00	
Florida Department of Health in St. Johns County	
100240	Permit #55-60-1656278
Swimming Pools 06/23	Permit #55-60-1656278 Swimming Pools 06/23	
$	350.00	

Florida Power & Light Company	
EFT	Monthly Summary 06/23 Autoapy 287	
Electric Services 06/23	
$	3,263.49	
Hallco Heating & Air LLC dba John D. Hall	
100245	
I-1085-1	HVAC Annual Maintenance Contract 06/23	
$	2,556.00	
Hidden Eyes, LLC	100250	727712	Gate Monitoring Services 06/23	$	4,187.62	

Kutak Rock, LLP	100229	3225824	Legal Services 04/23	$	756.00	
Kutak Rock, LLP	100251	3238697	Legal Services 05/23	$	3,003.62	
			Special Assessment Bond Series			
LLS Tax Solutions, Inc.	100230	3018	2015A-1, 2015A-2 FYE 03/25/23	$	500.00	
			Raise Sunken Concrete Wall Slab &			
MacClellan Construction LLC	100233	1148	Stabilize 05/23	$	5,200.00	
Poolsure	100241	131295614930	Pool Maintenance 06/23	$	697.65	
Rizzetta & Company, Inc.	100228	INV0000080676	District Management Fees 06/23	$	3,556.16	
		Debit Card				
Southaven CDD	DC062223	Replenishment 06/22/23 Debit Card Replenishment 06/22/23	$	1,311.59	
Monthly Summary 05/23	
St Johns Utility Department	EFT	Autopay 287	Water Services 05/23	$	4,076.58	
Sunbelt Gated Access Systems						
of Florida, LLC	100238	2105	Gate Maintenance 06/23	$	1,840.00	
Sunbelt Gated Access Systems						
of Florida, LLC	100231	2044	Gate Maintenance 05/23	$	1,145.00	
Turner Pest Control, LLC	100239	617267267	Pest Control Services 05/23	$	84.90	

	Management & Staffing Services		
Vesta Property Services, Inc.	100246	410602	06/23	$	12,724.83	
Vesta Property Services, Inc.	100242	410889	Billable Mileage 05/23	$	22.50	
VGlobal Tech	100247	5079	ADA Website Maintenance 06/23	$	300.00	
VGlobal Tech	100248	5110	ADA & WCAG Audits 06/23	$	400.00	
			Fire & Burglar System Maintenance		
Village Key & Alarm, Inc.	100232	403712	05/23	$	500.00	
Waste Management Inc. of		0031374-4032-1			
Florida	EFT	Autopay 287	Waste Disposal Services 06/23	$	189.66	
Wayne Automatic Fire Sprinklers,					
Inc.
Wayne Automatic Fire Sprinklers,	100243	1030490	Quarterly Sprinkler Inspection 03/23	$	65.00	
Inc.	100244	1046378	Quarterly Sprinkler Inspection 05/23	$	65.00	

Report Total				
$	63,182.38	

Tab 3

RESOLUTION 2023- 04

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE SOUTHAVEN COMMUNITY DEVELOPMENT DISTRICT REDESIGNATING THE SECRETARY OF THE DISTRICT, AND PROVIDING FOR AN EFFECTIVE DATE

WHEREAS, the Southaven Community Development District (the "District") is a local unit of special-purpose government organized and existing in accordance with Chapter 190, Florida Statutes, and situated entirely within St Johns County, Florida; and

WHEREAS, the Board of Supervisors (hereinafter the “Board”) previously designated Bob Schleifer as Secretary pursuant to Resolution 2020-04; and

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE SOUTHAVENCOMMUNITY DEVELOPMENT DISTRICT:

Section 1.   Scott Brizendine is appointed Secretary

Section 2.   This Resolution shall become effective immediately upon its adoption.

PASSED AND ADOPTED THIS 2nd DAY OF AUGUST 2023.

SOUTHAVEN
COMMUNITY DEVELOPMENT DISTRICT

CHAIRMAN/VICE CHAIRMAN
ATTEST:

ASSISTANT SECRETARY

Tab 4

Financial Report
Year Ended September 30, 2022

Southaven Community Development District

Southaven Community Development District Table of Contents

			Page	
I.	Financial Section:		
	Independent Auditor's Report	1	
	Management's Discussion and Analysis	3	
	Financial Statements:		
	Government-Wide Financial Statements:		
	Statement of Net Position	7	
	Statement of Activities	8	
	Fund Financial Statements:		
	Balance Sheet - Governmental Funds	9	
	Statement of Revenues, Expenditures and Changes in Fund Balances -		
	Governmental Funds	10	
	Reconciliation of the Statement of Revenues, Expenditures and		
	Changes in Fund Balances of Governmental Funds		
	to the Statement of Activities	11	
	Statement of Revenues, Expenditures and Changes in Fund Balance -		
	Budget and Actual - General Fund	12	
	Notes to Financial Statements	13	
II.	Compliance Section:		
	Independent Auditor's Report on Internal Control over Financial Reporting and		
	on Compliance and Other Matters Based on an Audit of Financial Statements		
	Performed in Accordance with Government Auditing Standards	22	
	Management Letter	23	
	Independent Accountant's Report on Compliance with the Requirements of		
	Section 218.415, Florida Statutes	25	

INDEPENDENT AUDITOR'S REPORT

934 North Magnolia Avenue, Suite 100
Orlando, Florida 32803
407‐843‐5406
www.mcdirmitdavis.com

To the Board of Supervisors
Southaven Community Development District

Report on the Audit of the Financial Statements Opinions
We have audited the financial statements of the governmental activities and each major fund of Southaven Community Development District (the “District”), as of and for the year ended September 30, 2022, and the related notes to the financial statements, which collectively comprise the District’s basic financial statements as listed in the table of contents.

In our opinion, the accompanying financial statements present fairly, the respective financial position of the governmental activities, and each major fund of the District as of September 30, 2022, and the respective changes in financial position thereof and the respective budgetary comparison for the General Fund for the year then ended in accordance with accounting principles generally accepted in the United States of America

Basis for Opinions
We conducted our audit in accordance with auditing standards generally accepted in the United States of America (GAAS) and the standards applicable to financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States. Our responsibilities under those standards are further described in the Auditor’s Responsibilities for the Audit of the Financial Statements section of our report. We are required to be independent of the District and to meet our other ethical responsibilities, in accordance with the relevant ethical requirements related to our audit. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinions.

Responsibilities of Management for the Financial Statements
The District's management is responsible for the preparation and fair presentation of the financial statements in accordance with accounting principles generally accepted in the United States of America; and for the design, implementation, and maintenance of internal control relevant to the preparation and fair presentation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, management is required to evaluate whether there are conditions or events, considered in the aggregate, that raise substantial doubt about the District’s ability to continue as a going concern for twelve months beyond the financial statement date, including any currently known information that may raise substantial doubt shortly thereafter.

Auditor’s Responsibility for the Audit of Financial Statements
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinions. Reasonable assurance is a high level of assurance but is not absolute assurance and therefore is not a guarantee that an audit conducted in accordance with GAAS will always detect a material misstatement when it exists. The risk of not detecting a material misstatement resulting from fraud is higher than one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control. Misstatements are considered material if there is a substantial likelihood that, individually or in the aggregate, they would influence the judgement made by a reasonable user based on the financial statements.

In performing an audit in accordance with GAAS, we:

Exercise professional judgment and maintain professional skepticism throughout the audit.
Identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error, and design and perform audit procedures responsive to those risks. Such procedures include examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements.
Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the District’s internal control. Accordingly, no such opinion is expressed.

the trusted partner

Evaluate the appropriateness of accounting policies used and the reasonableness of significant accounting estimates made by management, as well as evaluate the overall presentation of the financial statements.
Conclude whether, in our judgement, there are conditions or events, considered in the aggregate, that raise substantial doubt about the District’s ability to continue as a going concern for a reasonable period of time.

We are required to communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit, significant audit findings, and certain internal control related matters that we identified during the audit.

Required Supplementary Information
Accounting principles generally accepted in the United States of America require that the management’s discussion and analysis starting on page 3, be presented to supplement the basic financial statements. Such information is the responsibility of management and, although not a part of the basic financial statements, is required by the Governmental Accounting Standards Board, who considers it to be an essential part of financial reporting for placing the basic financial statements in an appropriate operational, economic, or historical context. We have applied certain limited procedures to the required supplementary information in accordance with auditing standards generally accepted in the United States of America, which consisted of inquiries of management about the methods of preparing the information and comparing the information for consistency with management’s responses to our inquiries, the basic financial statements, and other knowledge we obtained during our audit of the basic financial statements. We do not express an opinion or provide any assurance on the information because the limited procedures do not provide us with sufficient evidence to express an opinion or provide any assurance.

Other Reporting Required by Government Auditing Standards
In accordance with Government Auditing Standards, we have also issued a report dated March 30, 2023, on our consideration of the District’s internal control over financial reporting and our tests of its compliance with certain provisions on laws, regulations, contracts, agreements and other matters. The purpose of that report is solely to describe the scope of our testing of internal control over financial reporting and compliance and the results of that testing, and not to provide an opinion on the effectiveness of internal control over financial reporting or on compliance. That report is an integral part of an audit performed in accordance with Government Auditing Standards in considering the District’s internal control over financial reporting and compliance.

Orlando, Florida March 30, 2023

Our discussion and analysis of Southaven Community Development District, St. Johns County, Florida’s (the “District”) financial accomplishments provide an overview of the District’s financial activities for the year ended September 30, 2022. Please read it in conjunction with the District’s Independent Auditor’s Report, financial statements and accompanying notes.

This information is being presented to provide additional information regarding the activities of the District and to meet the disclosure requirements of Government Accounting Standards Board Statement (GASB) No. 34, Basic Financial Statements - and Management’s Discussion and Analysis - for State and Local Governments issued June 1999.

Financial Highlights

The assets of the District exceeded its liabilities at September 30, 2022 by $9,767,937 an increase in net position of
$253,030 in comparison with the prior year.
At September 30, 2022, the District’s governmental funds reported fund balances of $757,580, an increase of $51,904 in comparison with the prior year.

Overview of the Financial Statements
This discussion and analysis is intended to serve as an introduction to Southaven Community Development District’s financial statements. The District’s financial statements are comprised of three components: 1) government-wide financial statements, 2) fund financial statements and 3) notes to financial statements.

Government-Wide Financial Statements
The government-wide financial statements are designed to provide readers with a broad overview of the District’s finances, in a manner similar to a private-sector business.

The statement of net position presents information on all of the District’s assets and liabilities, with the difference between the two reported as net position. Over time, increases or decreases in net position may serve as a useful indicator of whether the financial position of the District is improving or deteriorating.

The statement of activities presents information showing how the government’s net position changed during the most recent fiscal year. All changes in net position are reported as soon as the underlying event giving rise to the change occurs, regardless of the timing of related cash flows. Thus, revenues and expenses are reported in this statement for some items that will result in cash flows in future fiscal periods.

The government-wide financial statements include all governmental activities that are principally supported by special assessment revenues. The District does not have any business-type activities. The governmental activities of the District include general government, physical environment, public safety, and parks and recreation related functions.

Fund Financial Statements
A fund is a grouping of related accounts that is used to maintain control over resources that have been segregated for specific activities or objectives. The District, like other state and local governments, uses fund accounting to ensure and demonstrate compliance with finance-related legal requirements. The District has one fund category: Governmental Funds.

Governmental funds are used to account for essentially the same functions reported as governmental activities in the government-wide financial statements. However, unlike the government-wide financial statements, governmental fund financial statements focus on near-term inflows and outflows of spendable resources, as well as on balances of spendable resources available at the end of the fiscal year. Such information may be useful in evaluating a District’s near-term financing requirements.

Governmental Funds
Because the focus of governmental funds is narrower than that of the government-wide financial statements, it is useful to compare the information presented for governmental funds with similar information presented for governmental activities in the government-wide financial statements. By doing so, readers may better understand the long-term impact of the government’s near-term financing decisions. Both the governmental fund balance sheet and the governmental fund statement of revenues, expenditures and changes in fund balances provide a reconciliation to facilitate this comparison between governmental funds and governmental activities.

The District maintains three individual governmental funds. Information is presented separately in the governmental fund balance sheet and the governmental fund statement of revenues, expenditures and changes in fund balances for the general fund, debt service fund and capital projects fund, all of which are considered to be major funds.

The District adopts an annual appropriated budget for its general fund. A budgetary comparison schedule has been provided for the general fund to demonstrate compliance with the budget.

Notes to Financial Statements
The notes provide additional information that is essential to a full understanding of the data provided in the government-wide and fund financial statements.

Government-Wide Financial Analysis
Statement of Net Position
The District’s net position was $9,767,937 at September 30, 2022. The analysis that follows focuses on the net position of the District’s governmental activities.

2022	2021
Assets, excluding capital assets Capital assets, net of depreciation	
$	791,882	$
	15,561,182  		730,056
15,635,473 	
Total assets		16,353,064  		16,365,529 	
Liabilities, excluding long-term liabilities	196,529	193,197	
Long-term liabilities		6,388,598  		6,657,425 	
Total liabilities		6,585,127  		6,850,622 	
Net Position:			
Net investment in capital assets	9,172,584	8,978,048	
Restricted for debt service	424,167	418,455	
Restricted for capital projects	5,081	4,260	
Unrestricted		166,105  		114,144 	
Total net position	 $	9,767,937   $		9,514,907 	

The following is a summary of the District’s governmental activities for the fiscal years ended September 30, 2022 and 2021.

	2022		2021	
Revenues:				
Program revenues	$	1,419,572		1,387,709	
General revenues		11,173 			11,187 	
Total revenues		1,430,745 			1,398,896 	
Expenses:				
General government	95,514		97,557	
Maintenance and operations	396,401		362,118	
Public safety	65,421		79,786	
Parks and recreation	221,786		189,682	
Interest on long-term debt		398,593 			416,013 	
Total expenses		1,177,715 			1,145,156 	
Change in net position	253,030		253,740	
Net position, beginning		9,514,907 			9,261,167 	
Net position, ending	 $	9,767,937 		 $	9,514,907 	

As noted above and in the statement of activities, the cost of all governmental activities during the year ended September 30, 2022 was $1,177,715. The majority of these costs are interest on long-term debt and maintenance and operations.

Financial Analysis of the Government’s Funds
The District uses fund accounting to ensure and demonstrate compliance with finance related legal requirements. The focus of the District’s governmental funds is to provide information on near-term inflows, outflows and balances of spendable resources. Such information is useful in assessing the District’s financing requirements. In particular, unassigned fund balance may serve as a useful measure of a government’s net resources available for spending at the end of the fiscal year. At September 30, 2022, the District’s governmental funds reported combined ending fund balances of $757,580. Of this total, $34,089 is non-spendable, $591,475 is restricted, and the remainder of $132,016 is unassigned.

The general fund balance increased by $51,961 due to revenues exceeding expenditures. The debt service and capital projects fund balance did not change significantly.

General Fund Budgetary Highlights
An operating budget was adopted and maintained by the governing board for the District pursuant to the requirements of Florida Statutes. The budget to actual comparison for the general fund, including the original budget and final adopted budget, is shown on page 12. The budget is adopted using the same basis of accounting that is used in preparation of the fund financial statements. The legal level of budgetary control is at the fund level.

Capital Asset and Debt Administration
Capital Assets
At September 30, 2022, the District had $15,561,182 invested in infrastructure. More detailed information about the District’s capital assets is presented in the notes to financial statements.

Capital Debt
At September 30, 2022, the District had $6,415,000 in bonds outstanding. More detailed information about the District’s capital debt is presented in the notes to financial statements.

Requests for Information
If you have questions about this report or need additional financial information, contact Southaven Community Development District’s
Finance Department at 3434 Colwell Ave., Suite 200, Tampa, Florida 33614.

FINANCIAL STATEMENTS

Statement of Net Position
September 30, 2022

		Governmental	
		Activities	
Assets:			
Cash	$	166,318	
Prepaid costs		30,621	
Deposits		3,468	
Restricted Assets:			
Temporarily restricted investments		591,475	
Capital Assets:			
Capital assets not being depreciated		13,861,047	
Capital assets being depreciated, net		1,700,135	
Total assets		16,353,064	

Liabilities:			
Accounts payable and accrued expenses		34,302	
Accrued interest payable		162,227	
Noncurrent Liabilities:			
Due within one year		150,000	
Due in more than one year		6,238,598	
Total liabilities		6,585,127	
Net Position:			
Net investment in capital assets		9,172,584	
Restricted for debt service		424,167	
Restricted for capital projects		5,081	
Unrestricted		166,105	
Total net position	$	9,767,937	

Statement of Activities
Year Ended September 30, 2022

Net (Expense) Revenue and Changes in Net
	Program Revenue	 	Position

Functions/Programs	

Expenses		
Charges for
Services		Operating
and Contributions		Capital Grants
and Contributions		
Governmental
Activities	
Governmental Activities:										
General government	$	95,514	$	91,407	$	-	$	-	$	(4,107)	
Maintenance and operations	396,401	379,355	-	-	(17,046)	
Public safety	65,421	62,608	-	-	(2,813)	
Parks and recreation	221,786	212,249	-	-	(9,537)	
Interest on long-term debt		398,593 		670,995 		2,937 		21 		275,360 	
Total governmental activities	$  1,177,715	$ 1,416,614	$	2,937	$	21	241,857	

General Revenues: Miscellaneous	
	11,173 	
Total general revenues	11,173	
Change in net position	253,030	
Net position, beginning	9,514,907	
Net position, ending	$	9,767,937	

Balance Sheet - Governmental Funds
September 30, 2022

										Total	
Governmental	
		General	Debt Service		Capital Projects			Funds	
Assets:											
Cash	$	166,318		$	-		$	-	$	166,318	
Investments		-	586,394		5,081			591,475	
Prepaid costs		30,621			-		-			30,621	
Deposits		3,468			-		-			3,468	
Total assets	$	200,407		$	586,394		$	5,081	$	791,882	
Liabilities and Fund Balances:											
Liabilities:											
Accounts payable and accrued expenses	$	34,302		$	-		$	-	$	34,302	
Total liabilities		34,302			-		-			34,302	
Fund Balances:											
Nonspendable		34,089			-		-			34,089	
Restricted for:											
Debt service		-	586,394		-			586,394	
Capital projects		-			-		5,081			5,081	
Unassigned		132,016			-		-			132,016	
Total fund balances		166,105	586,394		5,081			757,580	
Total liabilities and fund balances	$	200,407		
$	586,394		$	5,081				

Amounts reported for governmental activities in the statement of net position are different because:	
Capital Assets used in Governmental Activities are not financial resources and therefore are not reported	
in the funds.										15,561,182	
Long-term liabilities are not due and payable in the current period and therefore are not reported in the	
funds.											
Accrued interest payable	(162,227)						
Bonds payable		(6,388,598)					(6,550,825)	
Net Position of Governmental Activities						$	9,767,937	

Statement of Revenues, Expenditures and Changes in Fund Balances Governmental Funds
Year Ended September 30, 2022

Revenues
Assessment revenue
Special assessments, prepayments Investment & miscellaneous income	

$	

General

745,619
-
     11,173 		

$	

Debt Service

544,236
126,759
      2,937 		

$	
Capital Projects

-
-
       21 		

$	Total Governmental
Funds

1,289,855
126,759
14,131	
Total revenues		756,792 		673,932 		21 		1,430,745 	
Expenditures								
Current:								
General government	95,514	-		-			95,514	
Public safety	65,421	-		-			65,421	
Maintenance and operations	322,110	-		-			322,110	
Parks and recreation	221,786	-		-			221,786	
Debt Service:								
Interest	-	404,010		-			404,010	
Principal		- 		270,000 		-			270,000	
Total expenditures		704,831			674,010			-			1,378,841	

Excess (Deficit) of Revenues Over Expenditures	

	51,961 	

	(78)	

	21 	

	51,904 	
Other Financing Sources (uses):					
Transfers in	-	-	800	800	
Transfers out		- 		(800)		- 		(800)	
Total other financing sources (uses)	
	- 	
	(800)	
	800 	
	- 	
Net change in fund balances		51,961			(878)			821			51,904	
Fund balances, beginning of year		114,144 		587,272 		4,260 		705,676 	
Fund balances, end of year	 $		166,105 		 $		586,394 		 $		5,081 		 $		757,580 	

Reconciliation of the Statement of Revenues, Expenditures and Changes in Fund Balances of Governmental Funds to the Statements of Activities
Year Ended September 30, 2022

Amounts reported for Governmental Activities in the Statement of Activities are different because:	
Net Change in Fund Balances - total governmental funds	$	51,904	
Governmental Funds report outlays for capital assets as expenditures because such outlays use current financial resources; however, in the statement of net position the cost of those assets is recorded as capital assets. Depreciation of capital assets is not recognized in the governmental fund statements but is reported as an expense in the statement of activities.	
Depreciation expense		(74,291)	
Repayments of long-term liabilities are reported as expenditures in governmental funds, while repayments reduce long-term liabilities in the statement of net position.	
270,000	
Some expenses reported in the statement of activities do not require the use of current financial resources and, therefore, are not reported as expenditures in governmental funds.	
Change in accrued interest Amortization of bond discount	6,590
(1,173)	
5,417	
Change in Net Position of Governmental Activities	
 $		253,030 	

Statement of Revenues, Expenditures and Changes in Fund Balances Budget and Actual - General Fund
Year Ended September 30, 2022

Revenues
Assessment revenue
Investment & miscellaneous income	

$	

Budgeted Amounts Original	Final

739,172	$	739,172
-	-		

Actual Amounts

$	745,619
11,173		

$	Variance with Final Budget
Positive (Negative)

6,447
11,173	
Total revenues		739,172		739,172		756,792			17,620	
Expenditures										
Current:										
General government		91,014		91,014		95,514			(4,500)	
Public safety		62,983		62,983		65,421			(2,438)	
Maintenance and operations		328,787		328,787		322,110			6,677	
Parks and recreation		246,388		246,388		221,786			24,602	
Capital outlay		10,000		10,000		-			10,000	
Total expenditures		739,172		739,172		704,831			34,341	
Excess (deficit) of revenues over expenditures		

-		

-		

51,961			

51,961	
Net change in fund balance		-		-		51,961			51,961	
Fund balance, beginning		114,144		114,144		114,144			-	
Fund balance, ending	$	114,144		$	114,144		$	166,105		$	51,961	

NOTES TO FINANCIAL STATEMENTS

NOTE 1	SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Reporting Entity
Southaven Community Development District, (the “District”) was established on May 13, 2014 by St. Johns County Ordinance 2014- 22 pursuant to the Uniform Community Development District Act of 1980, otherwise known as Chapter 190, Florida Statutes. The Act provides, among other things, the power to manage basic services for community development, the power to borrow money and issue bonds, and the power to levy and assess non-ad valorem assessments for the financing and delivery of capital infrastructure. The District was established for the purpose of financing and managing the acquisition, construction, maintenance and operation of a portion of the infrastructure necessary for community development within the District.

The District is governed by the Board of Supervisors (the “Board”), which is composed of five members. Ownership of land within the District entitles the owner to one vote per acre. The Board of Supervisors of the District exercises all powers granted to the District pursuant to Chapter 190, Florida Statutes.

The Board has final responsibility for:

Allocating and levying assessments.
Approving budgets.
Exercising control over facilities and properties.
Controlling the use of funds generated by the District.
Approving the hiring and firing of key personnel.
Financing improvements.

The financial statements were prepared in accordance with Governmental Accounting Standards Board (“GASB”) Statements 14, 39, and 61. Under the provisions of those standards, the financial reporting entity consists of the primary government, organizations for which the District Board of Supervisors is considered to be financially accountable, and other organizations for which the nature and significance of their relationship with the District are such that, if excluded, the financial statements of the District would be considered incomplete or misleading. There are no entities considered to be component units of the District; therefore, the financial statements include only the operations of the District.

Government-Wide and Fund Financial Statements
The financial statements include both government-wide and fund financial statements.

The government-wide financial statements (i.e., the statement of net position and the statement of activities) report information on all of the non-fiduciary activities of the primary government. For the most part, the effect of interfund activity has been removed from these statements.

The statement of activities demonstrates the degree to which the direct expenses of a given function or segment is offset by program revenues. Direct expenses are those that are clearly identifiable with a specific function or segment. Program revenues include 1) charges to customers who purchase, use, or directly benefit from goods, services, or privileges provided by a given function or segment, 2) grants, contributions and investment earnings that are restricted to meeting the operational or capital requirements of a particular function or segment and 3) operating-type special assessments that are treated as charges for services (including assessments for maintenance and debt service). Other items not included among program revenues are reported instead as general revenues.

Measurement Focus, Basis of Accounting and Financial Statement Presentation
The government-wide financial statements are reported using the economic resources measurement focus and the accrual basis of accounting. Revenues are recorded when earned and expenses are recorded when a liability is incurred, regardless of the timing of related cash flows. Assessments are recognized as revenues in the year for which they are levied. Grants and similar items are recognized as revenues as soon as all eligibility requirements imposed by the provider have been met.

NOTE 1	SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED)

Governmental fund financial statements are reported using the current financial resources measurement focus and the modified accrual basis of accounting. Revenues are recognized as soon as they are both measurable and available. Revenues are considered to be available when they are collectible within the current period or soon enough thereafter to pay liabilities of the current period. For this purpose, the District considers revenues to be available if they are collected within 60 days of the end of the current fiscal period, except for Developer receivables for retainage, which are collected from the Developer when the amount is due to the contractor. Expenditures are recorded when a liability is incurred, as under accrual accounting. However, debt service expenditures are recorded only when payment is due.

Assessments, including debt service assessments and operation and maintenance assessments, are non-ad valorem assessments imposed on all lands located within the District and benefited by the District’s activities. Operation and maintenance special assessments are levied by the District prior to the start of the fiscal year which begins October 1st and ends on September 30th. These assessments are imposed upon all benefited lands located in the District. Debt service special assessments are imposed upon certain lots and lands as described in each resolution imposing the special assessment for each series of bonds issued by the District. Certain debt service assessments are collected upon the closing of those lots subject to short term debt and are used to prepay a portion of the bonds outstanding.

Assessments and interest associated with the current fiscal period are all considered to be susceptible to accrual and so have been recognized as revenues of the current fiscal period. Only the portion of assessments receivable due within the current fiscal period is considered to be susceptible to accrual as revenue of the current period. All other revenue items are considered to be measurable and available only when cash is received by the District.

The District reports the following major governmental funds:

General Fund - Is the District’s primary operating fund. It is used to account for and report all financial resources not accounted for and reported in another fund.

Debt Service Fund- Accounts for the accumulation of resources for the annual payment of principal and interest on long-term debt.

Capital Project Fund - Accounts for the financial resources to be used for the acquisition or construction of major infrastructure within the District.

As a general rule, the effect of interfund activity has been eliminated from the government-wide financial statements. When both restricted and unrestricted resources are available for use, it is the District’s policy to use restricted resources first, then unrestricted resources as they are needed.

Assets, Liabilities, Deferred Outflows/Inflows of Resources and Net Position/Fund Balance
Restricted Assets
These assets represent cash and investments set aside pursuant to bond covenants.

Deposits and Investments
The District’s cash and cash equivalents are considered to be cash on hand and demand deposits.

Investments of the District are reported at fair value and are categorized within the fair value hierarchy established in accordance with GASB Statement No. 72, Fair Value Measurement and Application. The District’s investments consist of investments authorized in accordance with Section 218.415, Florida Statutes.

Prepaid Items
Inventory and prepaid items are recorded as expenditures when consumed rather than when purchased in both government-wide and fund financial statements.

NOTE 1	SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED)

Capital Assets
Capital assets, which include property, plant, equipment and infrastructure assets (e.g., roads, sidewalks and similar items), are reported in the applicable governmental activities column in the government-wide financial statements. Capital assets are defined by the District as assets with an initial, individual cost of more than $5,000 and an estimated useful life in excess of two years. Such assets are recorded at historical cost or estimated historical cost if purchased or constructed. Donated capital assets are recorded at acquisition value at the date of donation.

The costs of normal maintenance and repairs that do not add to the value of the asset or materially extend assets lives are not capitalized. Major outlays for capital assets and improvements are capitalized as projects are constructed.

Property, plant and equipment of the District are depreciated using the straight-line method over the following estimated useful lives:

 Assets			Years	
Buildings and Other Structures	30	
Equipment	5	

Long Term Obligations
In the government-wide financial statements, long-term debt and other long-term obligations are reported as liabilities in the statement of net position. Bond premiums and discounts are deferred and amortized over the life of the bonds using the straight-line method. Bond issuance costs are reported as expenses. Bonds payable are reported net of premiums or discounts.

In the fund financial statements, governmental fund types recognize bond premiums and discounts, as well as bond issuance costs, during the current period. The face amount of debt issued is reported as other financing sources. Premiums received on debt issuances are reported as other financing sources while discounts on debt issuances are reported as other financing uses. Issuance costs, whether or not withheld from the actual debt proceeds received, are reported as expenditures.

Deferred Outflows/Inflows of Resources
In addition to assets, the statement of financial position will sometimes report a separate section for deferred outflows of resources. This separate financial statement element, deferred outflows of resources, represents a consumption of net position that applies to a future period(s) and so will not be recognized as an outflow of resources (expense/expenditure) until then. The District does not have any item that qualifies for reporting in this category for the year ended September 30, 2022.

In addition to liabilities, the statement of financial position will sometimes report a separate section for deferred inflows of resources. This separate financial statement element, deferred inflows of resources, represents an acquisition of net position that applies to a future period(s) and so will not be recognized as an inflow of resources (revenue) until that time. The District does not have any item that qualifies for reporting in this category for the year ended September 30, 2022.

Net Position Flow Assumption
Sometimes the District will fund outlays for a particular purpose from both restricted and unrestricted resources. In order to calculate the amounts to report as restricted net position and unrestricted net position in the government-wide financial statements, a flow assumption must be made about the order in which the resources are considered to be applied. It is the District’s policy to consider restricted net position to have been depleted before unrestricted net position is applied.

Fund Balance Flow Assumptions
Sometimes the District will fund outlays for a particular purpose from both restricted and unrestricted resources (total of committed, assigned, and unassigned fund balance). In order to calculate the amounts to report as restricted, committed, assigned, and unassigned fund balance in the governmental fund financial statements, a flow assumption must be made about the order in which the resources are considered to be applied. It is the District’s policy to consider restricted fund balance to have been depleted before using any of the components of unrestricted fund balance. Further, when the components of unrestricted fund balance can be used for the same purpose, committed fund balance is depleted first, followed by assigned fund balance. Unassigned fund balance is applied last.

NOTE 1	SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED)

Fund Balance Policies
Fund balance of governmental funds is reported in various categories based on the nature of any limitations requiring the use of resources for specific purposes. The District itself can establish limitations on the use of resources through either commitment (committed fund balance) or an assignment (assigned fund balance).

The committed fund balance classification includes fund balance amounts that can be used only for the specific purposes determined by a formal action of the government’s highest level of decision-making authority. The Board of Supervisors is the highest level of decision-making authority for the government that can, by adoption of an ordinance or resolution prior to the end of the fiscal year, commit fund balance. Once adopted, the limitation imposed by the ordinance or resolution remains in place until a similar action is taken to remove or revise the limitation.

Amounts in the assigned fund balance classification are intended to be used by the government for specific purposes but do not meet the criteria to be classified as committed. The Board of Supervisors has authorized the District Manager to assign amounts for specific purposes. The Board of Supervisors may also assign fund balance as it does when appropriating fund balance to cover a gap between estimated revenue and appropriations in the subsequent year’s appropriated budget. Unlike commitments, assignments generally only exist temporarily. In other words, an additional action does not normally have to be taken for the removal of an assignment. Conversely, as discussed above, an additional action is essential to either remove or revise a commitment.

Other Disclosures
Use of Estimates
The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, and disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenues and expenditures during the reporting period. Actual results could differ from those estimates.

New Accounting Standards Issued
In fiscal year 2022, the District has not implemented any new accounting standards with a material effect on the District’s financial statements.

NOTE 2	STEWARDSHIP, COMPLIANCE AND ACCOUNTABILITY

Budgetary Information
The District is required to establish a budgetary system and an approved annual budget for the General Fund. Annual budgets are adopted on a basis consistent with accounting principles generally accepted in the United States of America. All annual appropriations lapse at the fiscal year end. The legal level of budgetary control is at the fund level. Any budget amendments that increase the aggregate budgeted appropriations, at the fund level, must be approved by the Board of Supervisors.

The District follows these procedures in establishing the budgetary data reflected in the financial statements.

Each year the District Manager submits to the District Board a proposed operating budget for the fiscal year commencing the following October 1.
A public hearing is conducted to obtain comments.
Prior to October 1, the budget is legally adopted by the District Board.
All budget changes must be approved by the District Board.
The budgets are adopted on a basis consistent with accounting principles generally accepted in the United States of America.

NOTE 3	DEPOSITS AND INVESTMENTS

Deposits
The District’s cash balances were entirely covered by federal depository insurance or by a collateral pool pledged to the State Treasurer. Florida Statutes Chapter 280, “Florida Security for Public Deposits Act”, requires all qualified depositories to deposit with the Treasurer or another banking institution eligible collateral equal to various percentages of the average daily balance for each month of all public deposits in excess of any applicable deposit insurance held. The percentage of eligible collateral (generally, U.S. Governmental and agency securities, state or local government debt, or corporate bonds) to public deposits is dependent upon the depository’s financial history and its compliance with Chapter 280. In the event of a failure of a qualified public depository, the remaining public depositories would be responsible for covering any resulting losses.

Investments
The District categorizes its fair value measurements within the fair value hierarchy established by generally accepted accounting principles. The fair value is the price that would be received to sell an asset, or paid to transfer a liability, in an orderly transaction between market participants at the measurement date. The hierarchy is based on the valuation inputs used to measure the fair value of the asset. The District uses a market approach in measuring fair value that uses prices and other relevant information generated by market transactions involving identical or similar assets, liabilities, or groups of assets and liabilities.

Under GASB 72, assets or liabilities are classified into one of three levels. Level 1 is the most reliable and is based on quoted price for identical assets, or liabilities, in an active market. Level 2 uses significant other observable inputs when obtaining quoted prices for identical or similar assets, or liabilities, in markets that are not active. Level 3 is the least reliable, and uses significant unobservable inputs that use the best information available under the circumstances, which includes the District’s own data in measuring unobservable inputs.

The District has the following recurring fair value measurements as of September 30, 2022:

Goldman Sachs Government Fund of $591,475 are valued using Level 2 inputs.

Instead of establishing a written investment policy, the District elected to limit investments to those approved by Florida Statutes and the District Trust Indenture. Authorized District investments include, but are not limited to:

The Local Government Surplus Funds Trust Fund (SBA);
Securities and Exchange Commission registered money market funds with the highest credit quality rating from a nationally recognized rating agency;
Interest-bearing time deposits or savings accounts in qualified public depositories;
Direct obligations of the U.S. Treasury.

Investments made by the District at September 30, 2022 are summarized below. In accordance with GASB 31, investments are
reported at fair value.					

 Investment Type	
Goldman Sachs Government Fund	

 $		
Fair Value
591,475 	
Credit Rating
AAAm	Weighted Average
Maturity

11 days	
Credit Risk:					
For investments, credit risk is generally the risk that an issuer of an investment will not fulfill its obligation to the holder of the investment. Investments in U.S. Government securities and agencies must be backed by the full faith and credit of the United States Government. Short term bond funds shall be rated by a nationally recognized ratings agency and shall maintain the highest credit quality rating. Investment ratings by investment type are included in the preceding summary of investments.

NOTE 3	DEPOSITS AND INVESTMENTS (CONTINUED)

Custodial Credit Risk:
In the case of deposits, this is the risk that, in the event of a bank failure, the District’s deposits may not be returned to it. The District’s investment policy requires that bank deposits be secured as provided by Chapter 280, Florida Statutes. This law requires local governments to deposit funds only in financial institutions designated as qualified public depositories by the Chief Financial Officer of the State of Florida, and creates the Public Deposits Trust Fund, a multiple financial institution pool with the ability to assess its member financial institutions for collateral shortfalls if a default or insolvency has occurred. At September 30, 2022, all of the District’s bank deposits were in qualified public depositories.

For an investment, this is the risk that, in the event of the failure of the counterparty, the government will not be able to recover the value of its investments or collateral securities that are in the possession of an outside party. At September 30, 2022, none of the investments listed are exposed to custodial credit risk because their existence is not evidenced by securities that exist in physical or book entry form.

Concentration of Credit Risk:
The District places no limit on the amount the District may invest in any one issuer.

Interest Rate Risk:
The District does not have a formal policy that limits investment maturities as a means of managing exposure to fair value losses arising from increasing interest rates. The District manages its exposure to declines in fair values by investing primarily in pooled investments that have a weighted average maturity of less than three months.

NOTE 4	CAPITAL ASSETS

Capital asset activity for the year ended September 30, 2022 was as follows:

	Beginning
Balance			
Additions	
Disposals		Ending
Balance	
Governmental Activities:										
Capital assets not being depreciated: Improvements under construction	
$ 13,861,047		
$	
-		
$	
-		
$ 13,861,047	
Total capital assets not being depreciated	13,861,047			-			-		13,861,047	
Capital assets being depreciated: Building
Equipment	
2,100,000
21,453			
-
-			
-
-		
2,100,000
21,453	
Total capital assets being depreciated	2,121,453			-			-		2,121,453	
Less accumulated depreciation for: Building
Equipment	
(344,167)
(2,860)			
(70,000)
(4,291)			
-
-		
(414,167)
(7,151)	
Total accumulated depreciation	(347,027)			(74,291)			-		(421,318)	
Total capital assets being depreciated, net	1,774,426			(74,291)			-		1,700,135	
Governmental activities capital assets, net	$ 15,635,473		$	(74,291)		$	-		$ 15,561,182	

Depreciation expense for 2022 was charged to physical environment.

Total projected cost of the infrastructure improvements has been estimated at approximately $19 million, which will be funded with Developer contributions and additional bond issues.

NOTE 5	LONG-TERM LIABILITIES

Series 2015 Special Assessment Bonds- Direct Borrowing
In March 2015, the District issued $7,555,000 of Special Assessment Bonds, Series 2015. The Bonds consist of $4,035,000 Series 2015A-1 ($1,855,000 Term Bonds due May 1, 2035 with a fixed interest rate of 5.95% and $2,180,000 Term Bonds due May 1, 2045 with a fixed interest rate of 6.0%) and $3,520,000, Series 2015A-2 Term Bonds due May 1, 2045 with a fixed interest rate of 5.9%. The Bonds were issued to finance the acquisition and construction of certain improvements for the benefit of the property within the District. Interest is paid semiannually on each May 1 and November 1. Principal on the Bonds is to be paid serially commencing May 1, 2016 through May 1, 2045.

The Series 2015 Bonds are subject to redemption at the option of the District prior to maturity at a redemption price as set forth in the Bond Indenture. The Bonds are subject to extraordinary mandatory redemption prior to maturity in the manner determined by the Bond Indenture. In the event of default, all principal and interest of the Bonds will become immediately due and payable.

The Bond Indenture requires that the District maintain adequate funds in a reserve account to meet the debt service reserve requirements as defined in the Indenture. The requirement has been met at September 30, 2022.

The Bond Indenture has certain restrictions and requirements relating principally to the use of proceeds to pay for the infrastructure improvements and the procedures to be followed by the District on assessments to property owners. The District agreed to levy special assessments in annual amounts adequate to provide payment of debt service. Payment of principal and interest on the 2015 Bonds is secured by a pledge of and a first lien upon the pledged special assessment revenue. The District is in compliance with the requirements of the Bond Indenture.

As of September 30, 2022, total principal and interest remaining on the Series 2015 Special Assessment Bonds was $4,725,299. For the fiscal year ended September 30, 2022, principal and interest paid was $270,112 and special assessment revenue pledged was
$263,870.

Series 2016 Special Assessment Bonds- Direct Borrowing
In November 2016, the District issued $6,925,000 of Special Assessment Bonds, Series 2016. The Bonds consist of $4,515,000 Series 2016A-1 ($250,000 Term Bonds due May 1, 2021 with a fixed interest rate of 4.50%, $400,000 Term Bonds due May 1, 2026 with a fixed interest rate of 5.35%, $1,245,000 Term Bond due May 1, 2036 with a fixed interest rate of 6.1%, and $2,620,000 Term Bonds due May 1, 2047 with a fixed interest rate of 6.25%) and $2,410,000, Series 2016A-2 Term Bonds due November 1, 2023 with a fixed interest rate of 6.25%. The Bonds were issued to finance the acquisition and construction of certain improvements for the benefit of the property within the District. Interest is paid semiannually on each May 1 and November 1. Principal on the Bonds is to be paid serially commencing May 1, 2018 through May 1, 2047.

The Series 2016 Bonds are subject to redemption at the option of the District prior to maturity at a redemption price as set forth in the Bond Indenture. The Bonds are subject to extraordinary mandatory redemption prior to maturity in the manner determined by the Bond Indenture. In the event of default, all principal and interest of the Bonds will become immediately due and payable.

The Bond Indenture requires that the District maintain adequate funds in a reserve account to meet the debt service reserve requirements as defined in the Indenture. The requirement has been met at September 30, 2022.

The Bond Indenture has certain restrictions and requirements relating principally to the use of proceeds to pay for the infrastructure improvements and the procedures to be followed by the District on assessments to property owners. The District agreed to levy special assessments in annual amounts adequate to provide payment of debt service. Payment of principal and interest on the 2016 Bonds is secured by a pledge of and a first lien upon the pledged special assessment revenue. The District is in compliance with the requirements of the Bond Indenture.

NOTE 5	LONG-TERM LIABILITIES (CONTINUED)

As of September 30, 2022, total principal and interest remaining on the Series 2016 Special Assessment Bonds was $7,416,535. For the fiscal year ended September 30, 2022, principal and interest paid was $403,898 and special assessment revenue pledged was
$407,125.

Beginning
Balance		
Additions		
Reductions		Ending
Balance		Due Within
One Year	

$  2,760,000		

$	-		

$	(105,000)		

$  2,655,000		

$	75,000	
(27,575)		-		1,173		(26,402)		-	
	3,925,000 		- 		(165,000)		3,760,000 		75,000 	
 $  6,657,425 	 $	- 	 $	(268,827)	 $  6,388,598 	 $	150,000 	

Long-term liability activity for the year ended September 30, 2022 was as follows:

Governmental Activities:
Bonds Payable:
Series 2015 Less: Discount Series 2016
Governmental activity long- term liabilities

At September 30, 2022, the scheduled debt service requirements on the bonds payable were as follows:

Governmental Activities
Year Ending September 30,		Principal		Interest	
2023		$	150,000		$	389,343	
2024		160,000		380,868	
2025		170,000		371,828	
2026		140,000		362,223	
2027		185,000		354,193	
2028-2032		1,120,000		1,588,123	
2033-2037		1,225,000		1,224,421	
2038-2042		1,695,000		812,413	
2043-2047			1,570,000 			243,422 	
		 $	6,415,000 		 $	5,726,834 	

NOTE 6	MANAGEMENT COMPANY					

The District has contracted with a management company to perform management services, which include financial and accounting services. Certain employees of the management company also serve as officers (Board appointed non-voting positions) of the District. Under the agreements, the District compensates the management company for management, accounting, financial reporting and other administrative costs.

NOTE 7	RISK MANAGEMENT

The District is exposed to various risks of loss related to torts; theft of, damage to, and destruction of assets; errors and omissions; and natural disasters. These risks are covered by commercial insurance from independent third parties. Settled claims from these risks have not exceeded commercial insurance coverage during the last three years.

COMPLIANCE SECTION

INDEPENDENT AUDITOR’S REPORT ON INTERNAL CONTROL OVER FINANCIAL REPORTING AND ON COMPLIANCE AND OTHER MATTERS BASED ON AN AUDIT OF FINANCIAL STATEMENTS PERFORMED IN ACCORDANCE WITH GOVERNMENT AUDITING STANDARDS

To the Board of Supervisors
Southaven Community Development District

We have audited, in accordance with auditing standards generally accepted in the United States of America and the standards applicable to financial audits contained in Government Auditing Standards issued by the Comptroller General of the United States, the financial statements of the governmental activities and each major fund of Southaven Community Development District (the “District”) as of and for the year ended September 30, 2022 and the related notes to the financial statements, which collectively comprise the District’s basic financial statements, and have issued our report thereon dated March 30, 2023.

Report on Internal Control Over Financial Reporting
In planning and performing our audit of the financial statements, we considered the District’s internal control over financial reporting (internal control) as a basis for designing procedures that are appropriate in the circumstances for the purpose of expressing our opinions on the financial statements, but not for the purpose of expressing an opinion on the effectiveness of the District’s internal control. Accordingly, we do not express an opinion on the effectiveness of the District’s internal control.

A deficiency in internal control exists when the design or operation of a control does not allow management or employees in the normal course of performing their assigned functions, to prevent, or detect and correct misstatements on a timely basis. A material weakness is a deficiency, or a combination of deficiencies, in internal control, such that there is a reasonable possibility that a material misstatement of the entity’s financial statements will not be prevented, or detected and corrected on a timely basis. A significant deficiency is a deficiency, or a combination of deficiencies, in internal control that is less severe than a material weakness, yet important enough to merit attention by those charged with governance.

Our consideration of internal control was for the limited purpose described in the first paragraph of this section and was not designed to identify all deficiencies in internal control that might be material weaknesses or significant deficiencies. Given these limitations, during our audit we did not identify any deficiencies in internal control that we consider to be material weaknesses. However, material weaknesses may exist that have not been identified.

Report on Compliance and Other Matters
As part of obtaining reasonable assurance about whether the District’s financial statements are free from material misstatement, we performed tests of its compliance with certain provisions of laws, regulations, contracts, and grant agreements, noncompliance with which could have a direct and material effect on the financial statement amounts. However, providing an opinion on compliance with those provisions was not an objective of our audit and, accordingly, we do not express such an opinion. The results of our tests disclosed no instances of noncompliance or other matters that are required to be reported under Government Auditing Standards.

Purpose of this Report
The purpose of this report is solely to describe the scope of our testing of internal control and compliance and the results of that testing, and not to provide an opinion on the effectiveness of the District’s internal control or on compliance. This report is an integral part of an audit performed in accordance with Government Auditing Standards in considering the District’s internal control and compliance. Accordingly, this communication is not suitable for any other purpose.

Orlando, Florida March 30, 2023

MANAGEMENT LETTER

Board of Supervisors
Southaven Community Development District

Report on the Audit of the Financial Statements
We have audited the financial statements of Southaven Community Development District, (the “District”) as of and for the fiscal year ended September 30, 2022, and have issued our report thereon dated March 30, 2023.

Auditor’s Responsibility
We conducted our audit in accordance with auditing standards generally accepted in the United States of America; the standards applicable to financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States and Chapter 10.550, Rules of the Auditor General.

Other Reporting Requirements
We have issued our Independent Auditor’s Report on Internal Control over Financial Reporting and Compliance and Other Matters Based on an Audit of Financial Statements Performed in Accordance with Government Auditing Standards and Independent Accountant’s Report on an examination conducted in accordance with AICPA Professional Standards, AT-C Section 315, regarding compliance requirements in accordance with Chapter 10.550, Rules of the Auditor General. Disclosures in those reports, which are dated March 30, 2023, should be considered in conjunction with this management letter.

Prior Audit Findings
Section 10.554(1)(i.)1., Rules of the Auditor General, requires that we determine whether or not corrective actions have been taken to address findings and recommendations made in the preceding annual financial audit report. There were no findings or recommendations made in the preceding annual financial audit report.

Official Title and Legal Authority
Section 10.554(1)(i)4., Rules of the Auditor General, requires that the name or official title and legal authority for the primary government and each component unit of the reporting entity be disclosed in this management letter, unless disclosed in the notes to financial statements. This information has been disclosed in the notes to financial statements.

Financial Condition and Management
Section 10.554(1)(i)5.a. and 10.556(7), Rules of the Auditor General, require us to apply appropriate procedures and communicate the results of our determination as to whether or not the District has met one or more of the conditions described in Section 218.503(1), Florida Statutes, and to identify the specific condition(s) met. In connection with our audit, we determined that the District did not meet any of the conditions described in Section 218.503(1), Florida Statutes.

Pursuant to Sections 10.554(1)(i)5.b. and 10.556(8), Rules of the Auditor General, we applied financial condition assessment procedures for the District. It is management’s responsibility to monitor the District’s financial condition, and our financial condition assessment was based in part on representations made by management and the review of financial information provided by same.

Section 10.554(1)(i)2., Rules of the Auditor General, requires that we communicate any recommendations to improve financial management. In connection with our audit, we did not have any such recommendations.

Specific Information (Unaudited)
As required by Section 218.39(3)(c), Florida Statutes, and Section 10.554(1(i)6, Rules of the Auditor General, the District reported:
The total number of district employees compensated in the last pay period of the district fiscal year as none.
The total number of independent contractors to whom nonemployee compensation was paid in the last month of the district’s financial year as 11.
All compensation earned by or awarded to employees, whether paid or accrued, regardless of contingency as none.
All compensation earned by or awarded to nonemployee independent contractors, whether paid or accrued, regardless of contingency as $78,482.

Each construction project with a total cost of at least $65,000 approved by the district that is scheduled to begin on or after October 1 of the fiscal year being reported, together with the total expenditures for such project as none.
A budget variance based on the budget adopted under Section 189.016(4), Florida Statutes, before the beginning of the fiscal year being reported if the district amends a final budget under Section 189.016(6), Florida Statutes, see page 12.

As required by Section 218.39(3)(c), Florida Statutes, and Section 10.554(1)(i)7, Rules of the Auditor General, the district reported:
The rate or rates of non-ad valorem special assessments imposed by the district as the following:

Lot size	O&M
Assessment		Debt Service
Assessment	
Single Family 58'	$	2,145.04		$	1,800.00	
Single Family 63'	2,165.80		1,800.00	
Single Family 73'	2,205.01		1,800.00	
Single Family 83'	2,244.22		2,100.00	
Single Family 93'	2,283.43		2,100.00	

The total amount of special assessments collected by or on behalf of the district as $1,289,855.
The total amount of outstanding bonds issued by the district and the terms of such bonds as disclosed in the notes to financial statements.

Additional Matters
Section 10.554(1)(i)3., Rules of the Auditor General, requires us to communicate noncompliance with provisions of contracts or grant agreements, or abuse, that have occurred, or are likely to have occurred, that have an effect on the financial statements that is less than material but which warrants the attention of those charged with governance. In connection with our audit, we did not note any such findings.

Purpose of this Letter
Our management letter is intended solely for the information and use of the Legislative Auditing Committee, members of the Florida Senate and the Florida House of Representatives, the Florida Auditor General, Federal and other granting agencies, and applicable management, the Board of Supervisors, and is not intended to be and should not be used by anyone other than these specified parties.

Orlando, Florida March 30, 2023

934 North Magnolia Avenue, Suite 100
Orlando, Florida 32803
407‐843‐5406
www.mcdirmitdavis.com

INDEPENDENT ACCOUNTANT’S REPORT ON COMPLIANCE WITH THE REQUIREMENTS OF SECTION 218.415, FLORIDA STATUTES

To the Board of Supervisors
Southaven Community Development District

We have examined Southaven Community Development District’s (the “District”) compliance with the requirements of Section 218.415, Florida Statutes, during the year ended September 30, 2022. Management is responsible for the District’s compliance with those requirements. Our responsibility is to express an opinion on District’s compliance based on our examination.

Our examination was conducted in accordance with attestation standards established by the American Institute of Certified Public Accountants and the standards applicable to attestation engagements contained in Government Auditing Standards issued by the Comptroller General of the United States, and, accordingly, included examining, on a test basis, evidence about the District’s compliance with those requirements and performing such other procedures as we considered necessary in the circumstances. We believe that our examination provides a reasonable basis for our opinion. Our examination does not provide a legal determination on the District’s compliance with specified requirements.

In our opinion, the District complied, in all material respects, with the aforementioned requirements for the year ended September 30, 2022.

Orlando, Florida March 30, 2023

the trusted partner

Tab 5

ENGINEER’S
2023 ANNUAL REPORT
FOR THE

SOUTHAVEN COMMUNITY DEVELOPMENT DISTRICT
ST. JOHNS COUNTY, FLORIDA PREPARED FOR:

BOARD OF SUPERVISORS
SOUTHAVEN COMMUNITY DEVELOPMENT DISTRICT

PREPARED BY

Engineers – Planners – Surveyors – Landscape Architects 14775 Old St. Augustine Road
Jacksonville, Florida 32258 Certificate of Authorization Number: 2584

ETM Job Number: E 13-158-05 Date: June 28, 2023

Phone: (904) 642-8990  Fax: (904) 646-9485  http://www.etminc.com

Table of Contents and Engineer's Signature Page	

Project Name:	SOUTHAVEN COMMUNITY DEVELOPMENT DISTRICT		
Project Location:	Adjacent to Southerly Rw of International Golf Parkway and east of Francis Road		
Project City / State:	St. Johns County, Florida		
Programs used:	Microsoft Word and Excel 2022, AutoCAD C3D 2022		
Etm Job No.	E 13-158-05		
TABLE OF CONTENTS:		
Sections	Item		
A	Table of Contents and Engineer's Signature Page		
B	Location Map		
C	Master Site Plan		
D	Amenity Center Site Plan		
E	General Information		
F	Project Background		
G	Public Agency Ownership		
H	Entrance Signage, Decorative Wall And Associated Landscaping:		
I	Security Gates, Gate House And Associated Landscaping:		
J	Amenity Center (Manor House) And Recreational Facilities:		
K	Pockets Parks And Associated Landscaping:		
L	Road Right Of Ways And Associated Landscaping:		
M	Storm Water Management Facilities:		
N	Long Term Maintenance:		
O	Conservation / Preservation Areas		
P	Public Facilities		
Q	Project Photographs		

Portion of pages or sections of this report signed and sealed by Engineer		
Sections A-P Only		

Scott Jordan Lockwood, P.E.		
P.E. No. 68426		
Notes:		
1. This document is prepared in for use by the Southaven		
Community Development District, St. Johns County Florida and it		
14775 Old St. Augustine Rd., Jacksonville, Fl. 32258	is not intended for any other agency or third party use.		
Phone (904) 265-3163 Reg. No: 2584	2. This document has been Digitally signed and sealed, printed		
Lockwoods@etminc.com	(904) 265-3163	copies of this document are not considered signed and sealed		
and signature must be verified on any electronic copies.	1	

GENERAL INFORMATION:
This Annual Report is prepared in general compliance with Section 9.21 of the Master Trust Indenture for the Southaven Community Development District (“CDD” or the “District”). ETM (England, Thims & Miller, Inc) performed a site review on June 22, 2023. Based on this limited field review, we found that the CDD owned facilities generally appeared to be in good condition and appeared to be well maintained and operational at the time of our site visit. It should be noted that because this report is based on limited field review only, that it is not intended to be exhaustive or comprehensive, but only an annual review to of the District owned, and operated facilities to verify if these facilities appeared to be well maintained and in good condition. Currently at the time of this report, the District owns and maintains improvements within Phases I, IIA, IIB and IIC. A map showing the CDD owned facilities is included with this report.

PROJECT BACKGROUND:
The Southaven CDD is located in St. Johns County, Florida (“County”), south of International Golf Parkway (IGP) and east of North Francis Road. The overall project is approximately 314 acres+/- and the land within the District is wholly located within the Southaven PUD – St. Johns County Ordinance No. 2014-21 (the “Development”). The authorized land uses within the District allows for residential development as well as open space and recreational amenities. The Southaven PUD approval provides for the development of 355 single family lots, an amenity center and neighborhood parks.

PUBLIC AGENCY OWNERSHIP:
The following improvements are currently owned and maintained by other Public Agencies as follows:

Offsite turn lane and road improvements within International Golf Parkway are owned and maintained by the St. Johns County.
The onsite and offsite potable water distribution system, reuse water distribution system, sanitary sewer collection system within public right of ways and utility easements are owned and maintained by St. Johns County Utility Department
Electric facilities within public right of ways and power line easements are owned and maintained by the Florida Power and Light (FPL).
The following onsite and offsite utilities located within the public rights of way are owned and maintained by the following entities. Gas mains are owned and maintained by TECO gas, Fiber optic cables are owned and maintained by either AT&T or Comcast.

ENTRANCE SIGNAGE, DECORATIVE WALL, AND ASSOCIATED LANDSCAPING:
The District owned improvements include a large entry monument with project signage, a decorative wall and associated landscaping. The entry monument is located at the intersection of International Golf Parkway with Harkness Court (project entrance). The decorative precast wall runs parallel with International Golf Parkway on both sides of Harkness Court along most of the project frontage adjacent to International Golf Parkway. The project improvements also include landscaping along International Golf Parkway right of way at the project entrance on both sides of Harkness Court as well as landscaping that is located adjacent to the wall that runs along International Golf Parkway. Based on limited field review, these improvements appeared to be in good condition and appeared to be well maintained. Therefore, we recommend ongoing maintenance, as may be required throughout the year.

SECURITY GATES, GATE HOUSE AND ASSOCIATED LANDSCAPING:
The District owned improvements include security gates (entry and exit), a Gate house with associated parking area and the associated landscaping. The Gate house, located within the Harkness Court right of way, can be manned by security personnel to register visitors and deliveries as may be required from time to time. Adjacent to the gate house is a bypass lane for people that have entry passes that are read by a card reader and automatic lift gate. Past the gate house is an entry gate and exit gate that were open at the time of our field review. Also, adjacent to the gate house is a parking area for the security personnel and the associated entry landscaping and lighting within Harkness Court right of way. Based on limited field review, these improvements appeared to be in good condition and appeared to be well maintained. Therefore, we recommend ongoing maintenance, as may be required throughout the year.

AMENITY CENTER (MANOR HOUSE) AND RECREATIONAL FACILITIES:
The District owned recreational improvements for this project include an Amenity Center (Manor House) with associated parking areas, an indoor fitness area with workout equipment, indoor eating and meeting areas, outdoor seating areas, restroom facilities, pool, fire pit with seating area, tennis courts, fenced play scape area, detailed landscaping, lighting a floating dock within Storm Water Management Facility Number 1, and a pedestrian bridge connecting the Amenity Center (Manor House) to Kirkside Avenue. Based on limited field review, these improvements appeared to be well maintained and in good condition. Therefore, we recommend ongoing maintenance as may be required throughout the year.

POCKETS PARKS AND ASSOCIATED LANDSCAPING:
The District owned improvements include several small grassed park areas and several linear walking parks located throughout the project. The parks include sidewalks, hardscape, benches, landscaping, lighting, and other improvements. Based on this limited field review, these improvements appeared to be in good condition and appeared to be well maintained. Therefore, we recommend ongoing maintenance, as may be required throughout the year.

ROAD RIGHT OF WAYS AND ASSOCIATED LANDSCAPING:
Southaven CDD is a gated community, therefore all internal road right of ways are owned and maintained by the District. Some of these rights of ways include landscape islands, brick pavers, hardscape, curb, gutter, pavement, signage, lighting, and landscape features. Also included is a roundabout located at the intersection of Fremont Avenue at Upham Lane / Clarissa Lane. It is our understanding that during home building, there were a number of areas where the curb and pavement was damaged that were scattered throughout the development. Moreover, it is our understanding that the homebuilders are expected to repair these damaged areas. Due to over-irrigation overtime, many sidewalks have started to settle and are now holding water during rain events and during times when homeowners are irrigating their lawns. Also, we would like to note that much of the older development has discoloring on the curb and gutter and some of the pavement is showing signs of fatigue, possibly from over-irrigation. Based on limited field review these road rights of way generally appeared to be in good shape and well maintained. Generally, the project has been well maintained, however; over time the roadway stripping has faded or is missing. Therefore, it is recommended to repaint most of the striping; especially in Phase I, which is the oldest section. In order to maintain the roadway system in good condition we recommend ongoing maintenance, as may be required throughout the year to ensure that the structures are functioning properly.

STORM WATER MANAGEMENT FACILITIES:
The District owned improvements include two interconnected Storm Water Management Facilities (Smfs) Numbers 1 and 2. These Smfs are interconnected via a storm water pipe under Westcott Parkway and are used for storage, attenuation, and treatment of storm water throughout the project. The control structure for these Smfs is located on the southerly end of Smf No. 2. This structure attenuates flow and sets the normal water levels for both Smf No. 1 and 2. Based on this limited field review, Smf No.1 and Smf No. 2 generally appeared to be in good shape and functioning properly. In order to maintain these facilities, we recommend ongoing maintenance for the storm water management facilities as may be required throughout the year to ensure that this system is functioning properly.

LONG TERM MAINTENANCE:
In general, it appears that the District owned facilities are well maintained and generally in good condition. However, it should be noted that our field review was not exhaustive or comprehensive but is based on our limited field review (06-22-2023). As a Civil Engineering Consultant Firm, we do not have expertise in the maintenance and operation of recreational facilities as well as the other CDD owned and operated facilities. Therefore, we recommend that the District Manager and the CDD Board consult to determine the best approach to operate and maintain these facilities. Moreover, it should be anticipated that over the life of these facilities, items such as, but not limited to: roofing, pavement, curb, gutter, striping, signage, sidewalks, recreational equipment, etc. will need to be either repaired or replaced over time. Therefore, we recommend that the District Manager and the CDD Board set aside monies or look for alternative sources of capital, such as: refinancing bonds and / or issuing new long-term bonds, as may be needed over the life of the project for maintenance, repair and or replacement of these facilities over time as may be required. The appropriate amount of monies should be determined by the District Manager and the CDD Board, as soon as possible, so that each year a fund is established for this purpose. Furthermore, as a Civil Engineering Consultant Firm, we do not have expertise to advise the CDD Board about the appropriate amount of insurance coverage or the insurance rates that should be paid. Therefore, we recommend the District Manager and the CDD Board work with an insurance company or some other insurance expert to determine the appropriate coverage and rates that will work for this project. Finally, we recommend ongoing maintenance as may be required throughout the year to ensure that the District owned facilities, equipment, etc. are functioning properly.

CONSERVATION / PRESERVATION AREAS:
The District owned conservation areas / preservation areas throughout the project. These areas are lands that were required to be preserved by various agencies, including but not limited to the Army Corps of Engineers, the St. Johns River Water Management District, and St. Johns County. These areas are natural with many trees and heavy overgrowth; therefore, these areas were not reviewed. However, we recommend ongoing maintenance and removal of dead trees as may be required throughout the year.

PUBLIC FACILITIES:
Pursuant to Florida Statues Chapter 189.08 (F.A.C), Each independent special district shall submit to each local general-purpose government in which it is located the public facilities report and an annual notice of any changes. This report shall include each public facility and its current capacity.

Storm Water Management Facilities

The Storm Water Management Facilities (Smfs) which have been constructed for years are shown on the Site Map included in this report. These Smfs serve to provide treatment and attenuation for the entire project and operate at the capacity required by the St. Johns River Water Management District. Furthermore, no replacements or expansions are anticipated in the next seven years.

Amenity Center

The Amenity Center has a number of facilities listed below. This Amenity Center has been completed for years and as of the date of this report there are no expansions or replacements of facilities anticipated in the next seven years.

The Amenity Center generally consists of the following improvements:
Clubhouse Area, Kitchen facilities, Office Management Area
Adult Pool
Gym Facilities
Kids Playground Area
Tennis Courts
Parking Lot, Sidewalk / walking path
Landscape, Lighting, and Irrigation
Fire Pit, Dock facilities, Pedestrian Bridge over Smf 2.
Maximum Occupancy as provided by the Southaven’s Amenity Manager (6-6-22) are as follows: Clubhouse:	70 people
Gym Facilities:	26 people

Maximum Bathing Load of the Pools:
Adult Pool	Maximum Bathing Load 50

Entry Area and Security Gate (manned) and Decorative Wall with Landscaping

The Entrance has a Security Gate (manned at times) with a bypass lane, also there is a decorative wall along International Golf Parkway (IGP) and associated landscaping. These features have been completed for years and as of the date of this report there are no expansions or replacements anticipated in the next seven years.

Linear Parks, Parks and Landscape / Irrigation (scattered throughout project)

Linear Parks, Parks, Landscape Areas and Irrigation for this project have been completed for years ongoing maintenance and as of the date of this report there are no expansions or replacements anticipated in the next seven years with the exception of replacing plants as may be required on an ongoing basis.

INTL GOLF PARKWAY

LOCATION MAP EXHIBIT 1

VISION - EXPERIENCE - RESULTS ENGLAND - THIMS & MILLER, INC.

INTERNATIONAL GOLF PARKWAY

END

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MANAGEMENT FACILITY) COD - CONSERVATION
/ UPLAND BUFFER

REFER TO PLATS AND RECORDED DOCUMENTS FOR MORE INFORMATION.	j

STATE JURIS
s	
	
-Tl 11
VISION - EXPERIENCE - RESULTS
ENGLAND - THIMS & MILLER, INC.
14775 Old St. Augustine Road, Jacksonville, FL 32258
TEL  (904) 642-8990, FAX (904) 646-9485
CA - 00002584  LC - 0000316	MASTER SITE PLAN	ETM NO. E 13-158-10	
		DRAWN BY	S  Lockwood	
	FOR SOUTHAVEN COMMUNITY
DEVELOPMENT DISTRICT ST. JOHNS COUNTY, FLORIDA	/
DA TE	6-6-2022	
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Area : 8397.21

CLARISSA LANE

VISION - EXPERIENCE - RESULTS ENGLAND - THIMS & MILLER, INC.

- PROJECT PHOTOGRAPHS

Aerial of Markland CDD (By Aerial Innovations) (Februrary 2022)

Project Entrance / Signage / Wall / Landscaping (At International Golf Parkway and Harkness Court) (06-23-23)

Gate House and Entrance Roadway (Harkness Court) (06-23-23)

Manor House (Amenity Center) (06-23-23)

Manor House Living Area (Amenity Center) (06-23-23)

Manor House Dining and Meeting Space (Amenity Center) (06-23-23)

Manor House Kitchen and Dining Area (06-23-23)

Manor House Fitness Studio (Amenity Center) (06-23-23)

Manor House Fitness Area (Amenity Center) (06-23-23)

Manor House Pool and Patio Area (Amenity Center) (06-23-23)

Manor House Pool Area (Amenity Center) (06-23-23)

Manor House Lawn (Amenity Center) (06-23-23)

Manor House Fire Pit and Dock (Amenity Center) (06-23-23)

Manor House Pedestrian Bridge (Amenity Center) (06-23-23)

Manor House Children’s Playground Area (Amenity Center) (06-23-23)

Linear Pocket Park (Tract F) Adjacent to Upham Lane (06-23-23)

Linear Pocket Park (Tract D) Adjacent to Hass Avenue (06-23-23)

Linear Pocket Park (Tract D) Adjacent to Bronson Parkway (06-23-23)

Open Space Adjacent to Westcott Parkway (06-23-23)

Park (Tract N) Adjacent to Westcott and Bronson Parkway (06-23-23)

Park (Tract P) Adjacent to Kirkside Avenue and Westcott Parkway (06-23-23)

Park Adjacent to Aspinwall Parkway (06-23-23)

Linear Pocket Park Adjacent to Kirkside Avenue (06-23-23)

Linear Pocket Park Adjacent to Latrobe Avenue (06-23-23)

Park Adjacent to Renwick Parkway (06-23-23)

Dog Park (06-23-23)

Fremont Avenue at Bronson Parkway (Striping fading) (06-23-23)

Clarissa Lane at Renwick Parkway (Striping fading) (06-23-23)

Fremont Avenue – Roundabout at Clarissa and Upham Lane (Striping fading) (06-23-23)

Fremont Avenue at Bronson Parkway (Striping fading and Repaired Potholes) (06-23-23)

Upham Lane at Freemont Avenue (06-23-23)

Haas Avenue at Bronson Parkway Lane (Striping fading) (06-23-23)

Haas Avenue at Bronson Parkway Lane (Striping fading) (06-23-23)

Bronson Parkway (06-23-23)

Westcott Parkway (06-23-23)

Bronson Parkway at Westcott Parkway Lane (Striping fading) (06-23-23)

Kirkside Avenue at Westcott Parkway and Aspinwall Parkway Lane (Striping fading) (06-23-23)

Latrobe Avenue at Aspinwall Parkway Lane (Striping fading) (06-23-23)

Latrobe Avenue at Aspinwall Parkway (06-23-23)

Aspinwall Parkway (06-23-23)

Kirkside Avenue (06-23-23)

Kirkside Avenue (06-23-23)

Latrobe Avenue (06-23-23)

Renwick Parkway (06-23-23)

Lift Station Site (06-23-23)

Storm Water Management Facility 1 (06-23-23)

Storm Water Management Facility 2 (06-23-23)

Storm Water Management Facility 2 Control Structure and Overflow Spillway (06-23-23)

Drainage Ditch Adjacent to Storm Water Management Facility 2 (06-23-23)

Drainage Ditch Adjacent to Dog Park (06-23-23)

Drainage Ditch at International Golf Parkway (06-23-23)

Roadway Striping fading on Roadways (06-23-23)

Tab 6

Southaven Quarterly Report 7-13-23

Maintenance Items

	Mowing, line trimming, and blow of debris is being completed on weekly basis. (Weather Permitting)
Edging of hard and soft surfaces are being completed on a weekly rotation.
	Shrub trimming rotations are being completed on a weekly rotation.
	Weed control- hard and soft surfaces are being sprayed on a weekly rotation.
	Trash and debris are removed weekly while on site.

	Over the top applications have been applied to help with weed control in Jasmine and liriope beds.
Plant material has been fertilized as needed throughout the property.
Insecticides have been applied to Crinum Lilly around pool area to help control grasshoppers.
	Irrigation system repairs have been completed and system is being monitored weekly due to heavy rains
Turf Application was applied, Target for this application was to improve the overall health, growth, and color of the turf. Insecticides were applied to prevent and eliminate turf damaging insects. Pre/Post-emergent herbicides were applied to prevent and eliminate broadleaf weeds.

Tab 7

Proposal for Extra Work at Southaven CDD	

Property Name Property Address	
Southaven CDD 61 Clarissa Lane
St. Augustine, FL 32095	
Contact To
Billing Address	
Lisa Licata
Rizzetta & Company Inc 2806 N Fifth St Unit 403 St. Augustine, FL 32084	
Project Name Project Description	Southaven- Westcott sod install enhancement
Scope of Work	

QTY	
UoM/Size	
Material/Description	
Total	
Westcott Sod	$3,199.64

1.00	LUMP SUM

Mobilization, labor to remove turf with sod cutter, rough grade area, deep edge, and remove and dispose of debris.

1,350.00	SQUARE FEET	Zoysia Sod installed

1.00	EACH	Sod delivery

1.00	LUMP SUM	Irrigation modifications and adjustments

For internal use only			
SO#	8172399		
JOB#	460800009			
Service Line	130	Total Price	$3,199.64	
THIS IS NOT AN INVOICE
This proposal is valid for thirty (30) days unless otherwise approved by Contractor's Senior Vice President
5811 County Rd 305, Elkton, FL 32033 ph. fax

Proposal for Extra Work at Southaven CDD	

Property Name Property Address	
Southaven CDD 61 Clarissa Lane
St. Augustine, FL 32095	
Contact To
Billing Address	
Lisa Licata Southaven
c/o Rizzetta and Company 3434 Colwell
Ave Ste 200
Tampa, FL 33614	
Project Name Project Description	Southaven- soil elevation at park next to 157 Westcott enhancement
Scope of Work	

QTY	
UoM/Size	
Material/Description	
Total	

Westcott park	soil elevation		$665.04	
1.00	LUMP SUM	Mobilization, and labor to rough grade area		
1.00	SQUARE YARD	Fill dirt		
12.00	EACH	pine bark installed (small)		
1.00	EACH	delivery fee		

For internal use only	
SO#	8172423	
JOB#	460800009	
Service Line	130	Total Price	$665.04	
THIS IS NOT AN INVOICE
This proposal is valid for thirty (30) days unless otherwise approved by Contractor's Senior Vice President
5811 County Rd 305, Elkton, FL 32033 ph. fax

Tab 8

General Manager Report
Southaven CDD Meeting
August 2nd, 2023

Date of Report: August 2nd, 2023	Submitted by: Lisa Licata

Amenity Center
	Update on Revenue	
	Update on Amazon box install	
	Update on Fitness On Demand	
	Update regarding “M” on the gate	
	Update on Renwick Drainage Pipe	
	Review Alcohol Policy on Property	
	Review Amenity Parking Policy and Management Discretion	
	Discussion regarding Age Requirement for Pool Use - Board Action Requested	
	Discussion regarding Aluminum Cans on Pool Deck- Board Action Requested	

Field Ops Report

Southaven CDD

Date Submitted: August 2nd, 2023	Submitted by: Lisa Licata

Washout under some pavers at the fire pit, added sand and cement to fix.

Fixed pool corner edge by the stairs.

Installed a new solar camera at the Fire pit.

Fixed Urinal with a new flush valve.
Washing the front and back porch of the Manor house weekly for bug control.
Soft washed the balcony porch of the Manor house.
Replaced fan chain pulleys in all the gym fans.
Replaced dog station at the Kirkside park.

Lake Management Report

Job: Markland (Southhaven CDD)
Date:  6-6-23
Technician: J Lamach Equipment: Skiff Weather: Mostly cloudy Lake ID:
1.  Slender Pondweed	2. Algae

	Lake Management Report	
Job: Markland (Southhaven CDD)
Date:  6-21-23		
Technician: J Lamach		
Equipment: Skiff
Weather: Partly cloudy Lake ID:		
1.  Inspection	2. Baby tears	

Tab 9

Smith Electrical Inc.	Estimate

Estimate #	Date	
Markland	6/10/2023	

PO Box 9023
St Augustine, FL 32085

Name / Address	
Southaven CDD
c/o Rizzetta & Company 3434 Colwell Ave, Suite 200
Tampa, FL 33614 llicata@vestapropertyservices.comq	

Item	Description	Qty	Rate	Total	
Quote	Supply and install a surge protector to the main building panel.		888.77	888.77	
All material is guaranteed to be as specified. All work to be completed in a substantial workmanlike manner according to specifications submitted, per standard practices.
Any variation or deviation from above specifications involving extra costs will be	Total	
$888.77	
executed only upon written orders, and will become an extra charge over and above
the estimate. All agreements are contingent upon strikes, accidents or delays beyond	Signature our control. Owners to carry fire, tornado and other necessary insurance.

Phone #	Fax #	E-mail	Web Site	
9048290899	904-829-0259	smithelectric08@gmail.com	staugustineelectric.com	

COMMERCIAL SURGESHIELDSM PROGRAM TERMS AND CONDITIONS

SCOPE OF SERVICES. These Terms and Conditions ("Terms") shall govern your purchase of the SurgeShieldSMinstallation services ("Services") and your use, for the duration of these Terms, of the SurgeShieldSMequipment ("Equipment") provided in connection with FPL Energy Services, Inc. ("FPLES") SurgeShieldSMprogram (the Services and your use of the Equipment are collectively referred to as the "Products") at your designated business location ("Site"). The prices for the Products are based upon information you provided and apparent conditions at the Site without an extensive investigation by FPLES. THERE IS A POSSIBILITY OF THE EXISTENCE OF UNKNOWN CONDITIONS AT OR ON YOUR SITE THAT MAY ADVERSELY AFFECT FPLES' ABILITY TO PROVIDE THE PRODUCTS AT YOUR SITE. YOU ACKNOWLEDGE THAT FPLES DOES NOT ASSUME THE RISK OF AND SHALL NOT BE RESPONSIBLE FOR ANY SUCH UNKNOWN CONDITIONS.
ACCESS/ASSISTANCE. You shall provide FPLES (and its contractors) with access (i) to all necessary areas, and provide necessary requested information related to utility service and equipment operation at the Site, and (ii) for Equipment installation, Equipment maintenance, and Equipment removal pursuant to Section 12. You are aware that FPLES is relying upon the accuracy and completeness of such information in order to properly perform the Services. FPLES shall have the right to suspend the Services or adjust the installation schedule accordingly in the event that there is inadequate access to the Site, or if any required information is not promptly provided, or in the event that the safety of any person or property might be jeopardized by continuing with the Service. In the event of damage to the electric utility meter at the Site that is caused by you, your agents or your contractors, you agree to indemnify, defend and hold FPLES and its contractors harmless and pay all repair or replacement costs associated with such damage.
WARRANTY EXCLUSION. FPLES WARRANTS THAT THE SERVICES WILL BE PERFORMED IN A PROFESSIONAL MANNER. EXCEPT AS EXPRESSLY PROVIDED HEREIN, THE EQUIPMENT IS PROVIDED "AS IS" WITHOUT ANY WARRANTY OF ANY KIND BY FPLES. FPLES EXPRESSLY DISCLAIMS ALL WARRANTIES, WHETHER EXPRESS OR IMPLIED BY LAW, AND DOES NOT WARRANT THAT THE EQUIPMENT WILL OPERATE UNINTERRUPTED OR ERROR FREE OR THAT ITS USE WILL BE UNINTERRUPTED. NO OTHER WARRANTY OR REMEDY OF ANY KIND, WHETHER STATUTORY, WRITTEN, ORAL, EXPRESS, OR IMPLIED, INCLUDING WITHOUT LIMITATION WARRANTIES OR MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE, OR WARRANTIES ARISING FROM COURSE OF DEALING OR USAGE OF TRADE SHALL APPLY. ADDITIONALLY, IN NO EVENT WILL MEDICAL, LIFE SUPPORT OR OTHER NON-SURGESHIELDSM EQUIPMENT BE COVERED UNDER THIS WARRANTY.
EXISTING CONDITIONS. FPLES is only being retained to perform Services relating to the installation of the Equipment and shall not be responsible for (a) identifying any hazardous conditions and/or illegal or improper construction, or (b) correcting any hazardous condition and/or non-compliant construction (i.e. construction contrary to applicable laws, codes, rules, and regulations. You shall be responsible for receiving any and all consents necessary or required in order for FPLES to perform the Services hereunder. Neither FPLES nor its contractors are responsible for any damage which may arise from existing conditions, including but not limited to improper wiring and installation of pre-existing equipment at the Site.
LIMITATION OF LIABILITY FOR ALL CLAIMS. You acknowledge and understand that the Products are not being offered or provided by Florida Power & Light Company ("FPL"). Further, you acknowledge and understand that neither FPL nor FPLES is liable for any defects in the Equipment. FPLES obligations under these Terms shall be limited to re­ performing any Services not in conformance with the Services warranty. Claims relating to Services shall be made to FPLES immediately following the discovery of such non­ conformance. NOTWITHSTANDING THE FOREGOING, THE TOTAL AGGREGATE LIABILITY OF FPLES, ITS PARENT, THEIR AFFILIATES, SUBSIDIARIES AND THEIR RESPECTIVE OFFICERS, DIRECTORS, EMPLOYEES, CONTRACTORS AND ASSIGNS ("FPLES ENTITIES") TO YOU OR ANY THIRD PARTY, FOR ANY AND ALL CLAIMS ARISING FROM OR RELATED IN ANY WAY TO THE SURGESHIELD PROGRAM (WHETHER IN CONTRACT, TORT, STRICT LIABILITY, OR OTHERWISE) ARE LIMITED TO THE AMOUNT YOU HAVE ACTUALLY PAID FOR THE PRODUCTS. IN NO EVENT SHALL FPLES ENTITIES BE LIABLE TO YOU OR ANY OTHER PERSON FOR ANY DAMAGES EXCEEDING THE AMOUNT YOU HAVE PAID FOR THE PRODUCTS NOR SHALL FPLES ENTITIES BE LIABLE TO YOU OR ANY OTHER PERSON FOR CONSEQUENTIAL, INCIDENTAL, PUNITIVE, SPECIAL, EXEMPLARY OR INDIRECT DAMAGES OR EXPENSES (INCLUDING, WITHOUT LIMITATION, LOST PROFITS, LOST SAVINGS OR REVENUE, LOST BUSINESS, LOSS OF USE OF THE SERVICE OR ANY CONNECTION EQUIPMENT THERETO OR ANY ASSOCIATED EQUIPMENT OR SOFTWARE, LOSS OR DAMAGE, COST OF CAPITAL, COST OF SUBSTITUTE OR RENTAL EQUIPMENT, SERVICE OR SOFTWARE, DOWNTIME, THE CLAIMS OF THIRD PARTIES, AND INJURY OR DAMAGE TO NON-SURGESHIELDSMPROPERTY) EVEN IF FPLES OR ITS CONTRACTORS WERE ADVISED OF THE POSSIBILITY OF SUCH DAMAGES. THE FOREGOING SHALL APPLY TO THE FULLEST EXTENT ALLOWED BY LAW IRRESPECTIVE OF WHETHER LIABILITY IS CLAIMED, OR FOUND TO BE BASED IN CONTRACT, TORT OR OTHERWISE (INCLUDING NEGLIGENCE, WARRANTY OR STRICT LIABILITY).
DISCLAIMER AND RELEASE. SURGESHIELDSMPRODUCTS ARE OFFERED AND PROVIDED BY FPL ENERGY SERVICES, INC. ("FPLES"), A SUBSIDIARY OF NEXTERA

FPL Energy Services, Inc.(SurgeShield), P.O. Box 029100, Miami, FL 33102-9100

ENERGY, INC. ("NEXTERA") AND AN AFFILIATE OF "FPL. BY ENROLLING IN THE SURGESHIELDSMPROGRAM: (I) YOU ACKNOWLEDGE THAT FPL, NEXTERA, THEIR AFFILIATES AND/OR SUBSIDIARIES (OTHER THAN FPLES), DO NOT HAVE ANY OBLIGATION OR RESPONSIBILITY FOR THE PRODUCTS, AND ARE NOT RESPONSIBLE FOR ANY CLAIMS OR DISPUTES RELATING THERETO, NOR DO THEY PROVIDE ANY TYPE OF GUARANTEE, WARRANTY, PROMISE OR COVENANT, EITHER EXPRESS OR IMPLIED, AS TO THE PRODUCTS; AND (II) YOU AGREE TO RELEASE FPL, NEXTERA, AND ALL OF THEIR AFFILIATES AND/OR SUBSIDIARIES (OTHER THAN FPLES) FROM AND AGAINST ANY AND ALL LOSSES, DAMAGES, OR LIABILITIES IN CONNECTION WITH THE PRODUCTS OR PROGRAM.
FORCE MAJEURE. FPLES shall not be responsible to you in an event or circumstance that is not reasonably foreseeable, or that are beyond the reasonable control of and is not caused by FPLES. Such events or circumstances may include, but are not limited to, actions or inactions of civil or military authority (including courts and governmental or administrative agencies), hurricanes, tropical storms, tornadoes, severe wind, or electrical storm, acts of God, war, riot or insurrection, blockades, embargoes, sabotage, epidemics, explosions, floods, strikes, lockouts, supply shortages or other labor disputes or difficulties.
DOCUMENTATION. FPLES may provide you with manuals, data, or information (collectively, "Documentation") applicable to the Equipment in FPLES' possession. Any documents provided hereunder are for informational purposes only, FPLES makes no warranty or representation with regard to the accuracy or completeness of any such documents or information provided by FPLES, and FPLES EXPRESSLY DISCLAIMS ANY EXPRESS OR IMPLIED WARRANTY WITH REGARD TO SUCH DOCUMENTATION.
GOVERNING LAW; VENUE; WAIVER OF JURY TRIAL. These Terms and the
SurgeShield Program, shall be governed by the laws of the State of Florida. Any suit relating to these Terms, Products, and/or the SurgeShield Program shall be instituted in any state or federal court in Palm Beach County, Florida, and the parties submit to the sole and exclusive personal jurisdiction of such court. BY SIGNING UP FOR THIS PROGRAM, YOU AGREE TO WAIVE ANY RIGHT TO HAVE A TRIAL BY JURY IN RESPECT TO ANY LITIGATION WITH FPLES BASED UPON OR ARISING OUT OF, UNDER, OR IN ANY WAY CONNECTED OR RELATED WITH, THESE TERMS, THE SURGESHIELD PROGRAM, THE PRODUCTS AND/ORTHE PERFORMANCE OF SERVICES PROVIDED BY FPLES.
CUSTOMER SUPPORT NUMBER. In order to obtain customer service hereunder, FPLES must be contacted 1-800-590-1235 no more than seven (7) business days of discovery of the damaged or nonperforming Service.
SEVERABILITY. If any provision of these Terms or the application thereof to any person or circumstance shall, to any extent, be invalid or unenforceable, the remainder of these Terms, or the application of such provisions to persons or circumstances other than those as to which it is invalid or unenforceable shall not be affected thereby, and each provision of these Terms shall be valid and enforceable to the fullest extent permitted by law.
OWNERSHIP. FPLES retains all ownership of the Equipment and reserves the right to remove the Equipment without notice at any time on or after termination of the Services pursuant to Section 14 (Termination).
ASSIGNMENT. FPLES may, in its sole and unrestricted discretion assign, delegate, transfer, subcontract or otherwise dispose of its obligations hereunder to an affiliate or subsidiary, or other third party without notice to you. However, you shall not assign, delegate or otherwise dispose of your obligations hereunder without FPLES' written consent.
TERMINATION. Upon notice to you in any reasonable form, FPLES may terminate these Terms and its provision of the Equipment and/or Services in the event (a) FPLES determines, in its sole discretion, that the Equipment cannot be installed at the Site for whatever reason, whether resulting from technical, safety or otherwise, (b) if any regulatory agency promulgates any rule or order which in effect or application substantially impedes FPLES from fulfilling its obligations hereunder, or materially and adversely affects FPLES' ability to provide the Products under these Terms, (c) you breach any term or condition contained herein, including without limitation, your obligation to make payment for the Products provided hereunder by the due date of your FPL electric utility bill, or (d) FPLES, for its convenience and in its sole discretion, makes a commercial decision to (i) generally discontinue the Products, or (ii) to discontinue your specific use of the Equipment and/or Services hereunder. You may cancel your order for the Products at anytime upon thirty (30) days written notice to FPLES. You will receive a full refund if you provide FPLES a written request for refund within seven (7) days of your initial receipt of the Services, or of your receipt of any applicable gift or prize to subscribe to such Services, which ever is later. FPLES will process such refund request within 30 days of its receipt of the refund request.
AUTHORITY. You represent to FPLES that you have the authority to enter into and bind you to these Terms and that you shall bear all costs attributable thereto, and you shall, at your own expense, defend, indemnify and hold FPLES harmless from and against all liability, loss or damage (including attorneys' fees) assessed against, suffered or incurred by FPLES as a result of an allegation or claim that you did not have such authority.
ENTIRE TERMS. These Terms are the entire understanding between the parties and supersede any terms in any purchase orders or other documents from you, and supersedes all prior agreements, representations and communications regarding this subject matter. The headings in these Terms are provided for convenience of reference only and shall not affect the construction of the text of these Terms. FPLES may amend these Terms from time to time, but such modifications to the Terms shall be effective upon FPLES delivery of notice to you.

Rev. 06/21/16

QO/HOM SurgebreakerTM
Surge Protective Devices (SPDs) QO2175SB, HOM2175SB
WARRANTY
Protection Limits
With regard to any Surgebreaker surge protective device (catalog numbers QO2175SB and HOM2175SB) from Schneider Elec- tric USA, Inc. that has been properly installed in a residential home in compliance with the current National Electric Code (NEC) requirements, Schneider Electric warrants to the homeowner at the time of such installation
(or the initial homeowner if installed as part of new construction) that Schneider Electric shall accept responsibility for any damage to that homeowners major household appliances, as defined below, up to the limits provided herein, to the extent such damage is caused by the failure of such surge protective device to protect against electrical power surges caused by lightning or the electric utility. As used herein, “major household appliances” shall mean major household appliances and electronic devices, including: refrigerator(s), freezer(s), furnace(s), air conditioning unit(s), stove(s), oven(s), microwave oven(s), clothes washer(s), clothes dryer(s), dishwasher(s), audio and stereo components, video equipment, television(s) and computer(s). “Connected household equipment” shall exclude any commercial or industrial grade equipment not commonly found in a home.
The limit of Schneider Electric’s liability under this warranty shall be $10,000 or the deductible amount of customer’s insurance policy covering such major household appliances, whichever is less.
Warranty Period
This warranty shall be in effect until three (3) years following the date of purchase of the Surgebreaker® surge protective device, or until two (2) years following the date of installation, whichever occurs earlier.
Warranty Not Transferable
This warranty may not be transferred from the homeowner who initially receives this warranty to any other party. (See Reverse)

NHA78085Rev04	9/2018

QO/HOM SurgebreakerTM
Surge Protective Devices (SPDs) QO2175SB, HOM2175SB
WARRANTY
Protection Limits
With regard to any Surgebreaker surge protective device (catalog numbers QO2175SB and HOM2175SB) from Schneider Elec- tric USA, Inc. that has been properly installed in a residential home in compliance with the current National Electric Code (NEC) requirements, Schneider Electric warrants to the homeowner at the time of such installation
(or the initial homeowner if installed as part of new construction) that Schneider Electric shall accept responsibility for any damage to that homeowners major household appliances, as defined below, up to the limits provided herein, to the extent such damage is caused by the failure of such surge protective device to protect against electrical power surges caused by lightning or the electric utility. As used herein, “major household appliances” shall mean major household appliances and electronic devices, including: refrigerator(s), freezer(s), furnace(s), air conditioning unit(s), stove(s), oven(s), microwave oven(s), clothes washer(s), clothes dryer(s), dishwasher(s), audio and stereo components, video equipment, television(s) and computer(s). “Connected household equipment” shall exclude any commercial or industrial grade equipment not commonly found in a home.
The limit of Schneider Electric’s liability under this warranty shall be $10,000 or the deductible amount of customer’s insurance policy covering such major household appliances, whichever is less.
Warranty Period
This warranty shall be in effect until three (3) years following the date of purchase of the Surgebreaker® surge protective device, or until two (2) years following the date of installation, whichever occurs earlier.
Warranty Not Transferable
This warranty may not be transferred from the homeowner who initially receives this warranty to any other party. (See Reverse)

Warranty Limitations
THIS WARRANTY IS EXCLUSIVE AND IN LIEU OF ALL OTHER EXPRESS OR IMPLIED WARRANTIES, INCLUDING WITH- OUT LIMITATION ANY IMPLIED WARRANTIES OF MERCHANTABILITY OR OF FITNESS FOR A PARTICULAR PURPOSE.

This warranty excludes damage or loss arising from any of the following events or sources: unauthorized product modification or alteration, major force events such as flood or earthquake, war, insurrection, vandalism, theft, normal-use wear and tear, erosion, depletion, obsolescence, abuse, defective software and computer virus infection.
Schneider Electric USA, Inc. shall not be liable for any indirect, incidental, consequential damages.
With respect to products purchased by consumers in the United States for personal use, implied warranties, including but not lim- ited to the warranties of merchantability and fitness for a particular purpose, are not excluded but are limited to the extent allowed by law to the duration of the warranty period set forth above. No claim under this warranty will be honored unless the homeown- er has reported the damage within thirty (30) days after its ocurrence in accordance with the following claims procedure.
Claims Procedure
To make a claim under this warranty please follow these steps: (1) Retain the original dated sales receipts of the Surgebreaker surge protective device from Schneider Electric USA, Inc. (2) Prior to repairing the damaged appliance, contact Schneider Electric at (800) 877-1174, Monday through Thursday 7:00 a.m. to 5 p.m. and Friday 7:00 a.m. to 1:00 p.m. Central Time. (3) Ask the appliance repairer to write a report on the cause of the damage. (4) File a claim under homeowners insurance. (5) Send the purchase receipt, repair receipt, damage report, any homeowners insurance report along with the damaged Surgebreaker surge protective device to: Schneider Electric, Attn: Surgebreaker Warranty 132 Fairgrounds Rd, West Kingston, RI 02892.

TM

NHA78085Rev04

Warranty Limitations
THIS WARRANTY IS EXCLUSIVE AND IN LIEU OF ALL OTHER EXPRESS OR IMPLIED WARRANTIES, INCLUDING WITH- OUT LIMITATION ANY IMPLIED WARRANTIES OF MERCHANTABILITY OR OF FITNESS FOR A PARTICULAR PURPOSE.
This warranty excludes damage or loss arising from any of the following events or sources: unauthorized product modification or alteration, major force events such as flood or earthquake, war, insurrection, vandalism, theft, normal-use wear and tear, erosion, depletion, obsolescence, abuse, defective software and computer virus infection.
Schneider Electric USA, Inc. shall not be liable for any indirect, incidental, consequential damages.
With respect to products purchased by consumers in the United States for personal use, implied warranties, including but not lim- ited to the warranties of merchantability and fitness for a particular purpose, are not excluded but are limited to the extent allowed by law to the duration of the warranty period set forth above. No claim under this warranty will be honored unless the homeown- er has reported the damage within thirty (30) days after its ocurrence in accordance with the following claims procedure.
Claims Procedure
To make a claim under this warranty please follow these steps: (1) Retain the original dated sales receipts of the Surgebreaker surge protective device from Schneider Electric USA, Inc. (2) Prior to repairing the damaged appliance, contact Schneider Electric at (800) 877-1174, Monday through Thursday 7:00 a.m. to 5 p.m. and Friday 7:00 a.m. to 1:00 p.m. Central Time. (3) Ask the appliance repairer to write a report on the cause of the damage. (4) File a claim under homeowners insurance. (5) Send the purchase receipt, repair receipt, damage report, any homeowners insurance report along with the damaged Surgebreaker surge protective device to: Schneider Electric, Attn: Surgebreaker Warranty 132 Fairgrounds Rd, West Kingston, RI 02892.

TM

Tab 10

RESOLUTION 2023-06

THE ANNUAL APPROPRIATION RESOLUTION OF THE SOUTHAVEN COMMUNITY DEVELOPMENT DISTRICT (“DISTRICT”) RELATING TO THE ANNUAL APPROPRIATIONS AND ADOPTING THE BUDGET FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2023 AND ENDING SEPTEMBER 30, 2024; AUTHORIZING BUDGET AMENDMENTS; AND PROVIDING AN EFFECTIVE DATE.

WHEREAS, the District Manager has, prior to the fifteenth (15th) day in June, 2023, submitted to the Board of Supervisors (“Board”) of the Southaven Community Development District (“District”) proposed budget (“Proposed Budget”) for the fiscal year beginning October 1, 2023 and ending September 30, 2024 (“Fiscal Year 2023/2024”) along with an explanatory and complete financial plan for each fund of the District, pursuant to the provisions of Section 190.008(2)(a), Florida Statutes; and

WHEREAS, at least sixty (60) days prior to the adoption of the Proposed Budget, the District filed a copy of the Proposed Budget with the local governing authorities having jurisdiction over the area included in the District pursuant to the provisions of Section 190.008(2)(b), Florida Statutes; and

WHEREAS, the Board set a public hearing thereon and caused notice of such public hearing to be given by publication pursuant to Section 190.008(2)(a), Florida Statutes; and

WHEREAS, the District Manager posted the Proposed Budget on the District’s website at least two days before the public hearing; and

WHEREAS, Section 190.008(2)(a), Florida Statutes, requires that, prior to October 1st of each year, the Board, by passage of the Annual Appropriation Resolution, shall adopt a budget for the ensuing fiscal year and appropriate such sums of money as the Board deems necessary to defray all expenditures of the District during the ensuing fiscal year; and

WHEREAS, the District Manager has prepared a Proposed Budget, whereby the budget shall project the cash receipts and disbursements anticipated during a given time period, including reserves for contingencies for emergency or other unanticipated expenditures during the fiscal year.

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE SOUTHAVEN COMMUNITY DEVELOPMENT DISTRICT:

SECTION 1.   BUDGET

a.  The Board has reviewed the Proposed Budget, a copy of which is on file with the office of the District Manager and at the District’s Local Records Office, and hereby approves certain amendments thereto, as shown in Section 2 below.

b.	The Proposed Budget, attached hereto as Exhibit A, as amended by the Board, is hereby adopted in accordance with the provisions of Section 190.008(2)(a), Florida Statutes (“Adopted Budget”), and incorporated herein by reference; provided, however, that the comparative figures contained in the Adopted Budget may be subsequently revised as deemed necessary by the District Manager to reflect actual revenues and expenditures.	
c.	The Adopted Budget, as amended, shall be maintained in the office of the District Manager and at the District’s Local Records Office and identified as “The Budget for the Southaven Community Development District for the Fiscal Year Ending September 30, 2024.”	
d.	The Adopted Budget shall be posted by the District Manager on the District’s official website within thirty (30) days after adoption and shall remain on the	
website for at least 2 years.

SECTION 2.   APPROPRIATIONS

There is hereby appropriated out of the revenues of the District, for Fiscal Year 2023/2024, the sum of $	 to be raised by the levy of assessments and/or otherwise, which sum is deemed by the Board to be necessary to defray all expenditures of the District during said budget year, to be divided and appropriated in the following fashion:

TOTAL GENERAL FUND	$	 DEBT SERVICE FUND SERIES 2015A-1	$	 DEBT SERVICE FUND SERIES 2016A-1	$	 TOTAL ALL FUNDS	$	 SECTION 3.  BUDGET AMENDMENTS
Pursuant to Section 189.016, Florida Statutes, the District at any time within Fiscal Year 2023/2024, or within 60 days following the end of the Fiscal Year 2023/2024, may amend its Adopted Budget for that fiscal year as follows:

A line-item appropriation for expenditures within a fund may be decreased or increased by motion of the Board recorded in the minutes, and approving the expenditure, if the total appropriations of the fund do not increase.

The District Manager or Treasurer may approve an expenditure that would increase or decrease a line-item appropriation for expenditures within a fund if

the total appropriations of the fund do not increase and if either (i) the aggregate change in the original appropriation item does not exceed the greater of $15,000 or 15% of the original appropriation, or (ii) such expenditure is authorized by separate disbursement or spending resolution.

Any other budget amendments shall be adopted by resolution and consistent with Florida law.

The District Manager or Treasurer must ensure that any amendments to the budget under paragraph c. above are posted on the District’s website within 5 days after adoption and remain on the website for at least 2 years.

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

PASSED AND ADOPTED THIS 2ND DAY OF AUGUST 2023.

ATTEST:	SOUTHAVEN COMMUNITY DEVELOPMENT DISTRICT

Secretary / Assistant Secretary

By:	 Its:	

Exhibit A: Fiscal Year 2023/2024 Budget

Exhibit A

Fiscal Year 2023/2024 Budget

Southaven
Community Development District
www.southavencdd.org

Approved Proposed Budget for
Fiscal Year 2023/2024

Table of Contents

Page

1
Debt Service Fund Budget for Fiscal Year 2023/2024	4
Assessments Charts for Fiscal Year 2023/2024	5
General Fund Budget Account Category Descriptions	7
Reserve Fund Budget Account Category Descriptions	13
Debt Service Fund Budget Account Category Descriptions	14

Rizzetto & Company

Professionals in Community Management

	
Chart of Accounts Classification	Actual YTD through 06/30/23	Projected Annual Totals 2022/2023	
Annual Budget for 2022/2023	Projected Budget variance for 2022/2023	
Budget for 2023/2024	Budget Increase (Decrease) vs 2022/2023	
Comments	
1									
2	REVENUES								
3									
4	Special Assessments								
5	Tax Roll*	$	770,132	$	770,132	$	770,132	$	-	$	872,039	$	101,907	All units on tax roll.	
6	Other Miscellaneous Revenues								
7	Insurance Proceeds	$	4,489	$	4,489	$	-	$	4,489	$	-	$	-	Reimbursement towards Synergy Repairs - Included in Line 85	
8	Rentals, Access/Decals, Events	$	9,437	$	12,583	$	12,000	$	583	$	12,000	$	-	Per YTD Average	
9									
10	TOTAL REVENUES	$	784,058	$	787,204	$	782,132	$	5,072	$	884,039	$	101,907		
13									
14	EXPENDITURES - ADMINISTRATIVE								
15									
16	Financial & Administrative								
17	Administrative Services	$	4,296	$	5,728	$	5,728	$	-	$	5,957	$	229		
18	District Management	$	11,934	$	15,912	$	15,912	$	-	$	16,548	$	636		
19	District Engineer	$	1,831	$	4,000	$	4,000	$	-	$	4,000	$	-		
20	Disclosure Reports	$	6,100	$	6,100	$	6,000	$	(100)	$	2,000	$	(4,000)	2 Bonds - Now 1 Report per Bond	
21	Trustees Fees	$	6,500	$	6,500	$	7,000	$	500	$	5,500	$	(1,500)		
22	Assessment Roll Certification	$	5,304	$	5,304	$	5,304	$	-	$	5,516	$	212		
23	Financial & Revenue Collections	$	2,864	$	3,819	$	3,819	$	-	$	3,972	$	153		
24	Accounting Services	$	12,011	$	16,015	$	16,015	$	-	$	16,655	$	640		
25	Auditing Services	$	3,800	$	3,800	$	3,800	$	-	$	3,800	$	-		
26	Arbitrage Rebate Reports	$	1,000	$	1,000	$	1,000	$	-	$	1,000	$	-	2 Bonds	
27	Public Officials Liability Insurance	$	2,864	$	2,864	$	3,200	$	336	$	3,200	$	-		
28	Legal Advertising	$	355	$	1,500	$	1,500	$	-	$	1,500	$	-		
29	Dues, Licenses & Fees	$	175	$	175	$	175	$	-	$	175	$	-		
30	Miscellaneous Fees	$	962	$	962	$	500	$	(462)	$	500	$	-		

31	ADA Website Hosting, Maintenance, Remediation & Backup	
$	
4,860	
$	6,490	
$	6,490	
$	-	
$	
6,490	
$	-		
32	Legal Counsel								
33	District Counsel	$	17,373	$	23,164	$	15,000	$	(8,164)	$	15,000	$	-		
34									
35	Administrative Subtotal	$	82,229	$	103,333	$	95,443	$	(7,890)	$	91,813	$	(3,630)		
36									
37	EXPENDITURES - FIELD OPERATIONS								
38									
39	Security Operations								

40	
Access Control/Security Camera & Repair	
$	
33,519	
$	50,251	
$	50,183	
$	(68)	
$	
50,251	
$	68	
Access Control/Envera Contract	
41	Gate Phone	$	211	$	281	$	2,940	$	2,659	$	2,000	$	(940)	Per New Service Agreement	

42	
Guard & Gate Facility Maintenance & Repair	
$	
11,293	
$	13,293	
$	11,000	
$	(2,293)	
$	
11,000	
$	-	
Includes Sunbelt PM Service, Funds for Readers & Decals	
43	Electric Utility Services								

44	Utility Services - Amenity, Gatehouse/Entry & Parks	
$	
11,403	
$	15,204	
$	15,000	
$	(204)	
$	
15,000	
$	-		
45	Street Lights	$	16,806	$	22,408	$	20,000	$	(2,408)	$	24,000	$	4,000	FPL 25% Increase	
46	Garbage/Solid Waste Control Services								

	
Chart of Accounts Classification	Actual YTD through 06/30/23	Projected Annual Totals 2022/2023	
Annual Budget for 2022/2023	Projected Budget variance for 2022/2023	
Budget for 2023/2024	Budget Increase (Decrease) vs 2022/2023	
Comments	
47	Garbage - Recreation Facility	$	1,341	$	1,788	$	1,680	$	(108)	$	2,300	$	620	Per new rate - Service back to 12 months	
48	Water-Sewer Combination Services								

49	Utility Services - Potable (Amenity, Gatehouse & Pool)	
$	
8,922	
$	11,896	
$	11,000	
$	(896)	
$	
12,000	
$	1,000	
Per YTD Average	

50	Water - Reuse Irrigation (Parks, Entry & Amenity)	
$	
31,768	
$	42,357	
$	30,500	
$	(11,857)	
$	
42,000	
$	11,500	
Per YTD Average	
51	Stormwater Control								
52	Aquatic Pond Maintenance	$	7,232	$	9,642	$	9,642	$	-	$	9,642	$	-		
53	Other Physical Environment								
54	General Liability & Property Insurance	
$	
27,629	
$	27,629	
$	30,200	
$	2,571	
$	
35,000	
$	4,800	Per Early Estimates	
55	Entry & Walls Maintenance	$	5,400	$	7,200	$	3,500	$	(3,700)	$	30,000	$	26,500	Front Wall Painting Project	
56	Landscape & Irrigation Maintenance Contract	$	126,723	$	167,160	$	167,160	$	-	$	169,351	$	2,191	Per Agreement - 7 months of higher rate	

57	
Landscape Replacement & Misc. Services	
$	
35,958	
$	35,000	
$	35,000	
$	-	
$	
45,000	
$	10,000	Increase includes next phase for entrance landscape enhancements	
58	Irrigation Repairs	$	8,315	$	10,000	$	2,000	$	(8,000)	$	5,000	$	3,000		
59	Road & Street Facilities								

60	Street Light & Park Decorative Light Maintenance	
$	
4,626	
$	6,168	
$	2,000	
$	(4,168)	
$	
3,500	
$	1,500	
YTD Average	

61	
Parking Lot/Roadway Repair & Maintenance	
$	
-	
$	500	
$	1,000	
$	500	
$	
12,000	
$	11,000	
Increase for Needed Repairs	
62	Maintenance & Maintenance (Common Areas)	$	-	$	1,500	$	2,500	$	1,000	$	1,500	$	(1,000)		
63	Street Sign Repair & Replacement	$	495	$	660	$	2,500	$	1,840	$	1,000	$	(1,500)	YTD Average	
64	Parks & Recreation								

65	Amenity Management Staffing Contract (On-Site Management & Maintenance Services)	
$	
114,878	
$	152,698	
$	152,698	
$	-	
$	
160,332	
$	7,634	Increase Per Vesta - Due to Insurance Cost and Ability to Provide Potential Salary Adjustments	
66	Amenity Facility - Maintenance & Repair	$	12,818	$	17,091	$	12,000	$	(5,091)	$	15,000	$	3,000	YTD Average	

67	Amenity Facility & Janitorial Service, Supplies & Equipment	
$	
11,247	
$	14,996	
$	13,000	
$	(1,996)	
$	
15,000	
$	2,000	
Per New Janitorial Agreement	
68	Furniture Repair & Replacement	$	3,794	$	3,794	$	3,000	$	(794)	$	3,000	$	-		
69	HVAC Maintenance & Repair	$	2,556	$	2,556	$	3,000	$	444	$	3,000	$	-		
70	Pool Chemicals	$	5,891	$	7,855	$	5,350	$	(2,505)	$	8,400	$	3,050	Per New Agreement	
71	Pool Permits	$	350	$	350	$	350	$	-	$	350	$	-		
72	Elevator Maintenance & Permit	$	425	$	3,000	$	3,000	$	-	$	3,000	$	-		
73	Fitness - On Demand Subscription	$	1,925	$	1,916	$	2,400	$	484	$	800	$	(1,600)	Will be Discontinuing Subscription	
74	Fitness Equipment Maintenance & Repairs	$	823	$	1,097	$	2,500	$	1,403	$	2,500	$	-		
75	Telephone, Internet & Cable (Amenity Center)	$	9,201	$	10,530	$	8,100	$	(2,430)	$	8,100	$	-		
76	Pest & Termite Bond	
$	
991	
$	1,321	
$	1,500	
$	179	
$	
1,500	
$	-		

77	Security System Monitoring Services & Maintenance	
$	
372	
$	496	
$	2,000	
$	1,504	
$	
1,000	
$	(1,000)		

	
Chart of Accounts Classification	Actual YTD through 06/30/23	Projected Annual Totals 2022/2023	
Annual Budget for 2022/2023	Projected Budget variance for 2022/2023	
Budget for 2023/2024	Budget Increase (Decrease) vs 2022/2023	
Comments	

78	Tennis & Basketball Court Maintenance & Supplies	
$	-	
$	-	
$	500	
$	500	
$	
500	
$	-		
79	Dog Waste Station Supplies & Maintenance	
$	852	
$	1,136	
$	2,500	
$	1,364	
$	
2,000	
$	(500)	
YTD Actuals	
80	Special Events								

81	
Holiday Lights	
$	4,886	
$	4,886	
$	5,000	
$	114	
$	
5,000	
$	-		

82	
Special Events	
$	5,363	
$	5,363	
$	4,000	
$	(1,363)	
$	
4,000	
$	-		
83	Contingency								

84	
Capital Improvements	
$	10,805	
$	14,407	
$	25,000	
$	10,593	
$	
25,000	
$	-		

85	
Misc. Contingency	
$	10,612	
$	10,612	
$	42,986	
$	32,374	
$	
63,200	
$	20,214	
Continue to Build Operating Reserves	
88									
89	Field Operations Subtotal	$	529,430	$	677,041	$	686,689	$	9,648	$	792,226	$	105,537		
90									
93	TOTAL EXPENDITURES	$	611,659	$	780,374	$	782,132	$	1,758	$	884,039	$	101,907		
94									
95	EXCESS OF REVENUES OVER	$	172,399	$	6,829	$	-	$	6,829	$	-	$	-		
96									

Southaven Community Development District	4
Debt Service
Fiscal Year 2023/2024

Chart of Accounts Classification	
Series 2015A-1	
Series 2016A-1	Budget for 2023/2024	
				
REVENUES				
Special Assessments				
Net Special Assessments (1)	$222,386.30	$306,794.88	$529,181.18	
				
TOTAL REVENUES	$222,386.30	$306,794.88	$529,181.18	

EXPENDITURES				
Administrative				
Financial & Administrative				
				
Debt Service Obligation	$222,386.30	$306,794.88	$529,181.18	
Administrative Subtotal	$222,386.30	$306,794.88	$529,181.18	
				
TOTAL EXPENDITURES	$222,386.30	$306,794.88	$529,181.18	
				
EXCESS OF REVENUES OVER EXPENDITURES	$0.00	$0.00	$0.00	

St Johns County Collection Costs (2%) and Early Payment Discounts (4%)	6.0%

Gross assessments	$562,480.00

(1) Maximum Annual Debt Service less any Prepaid Assessments Received

Notes:
Collection Costs for St. John's County and Early Payment Discount is 6.0% of Tax Roll. Budgeted net of tax roll assessments. See Assessment Table.

Debt Service

5
SOUTHAVEN COMMUNITY DEVELOPMENT DISTRICT

FISCAL YEAR 2023/2024 O&M & DEBT SERVICE ASSESSMENT SCHEDULE

2023/2024 O&M Budget	$872,039.00
St. John's County Collection Cost:	2%	$18,554.02
Early Payment Discounts:	4%	$37,108.04
2023/2024 Total:	$927,701.06

2022/2023 O&M Budget	$770,132.00
2023/2024 O&M Budget	$872,039.00
Total Difference:	$101,907.00

PER UNIT ANNUAL ASSESSMENT	Proposed Increase / Decrease 2022/2023	2023/2024		$	%

Series 2015A-1 Debt Service - Single Family 58'	$1,800.00	$1,800.00		$0.00		0.00% Operations/Maintenance - Single Family 58'	$2,236.82	$2,533.04	$296.22	13.24% Total	$4,036.82	$4,333.04	$296.22		 7.34%

Series 2015A-1 Debt Service - Single Family 73'	$1,800.00	$1,800.00		$0.00		0.00% Operations/Maintenance - Single Family 73'	$2,297.64	$2,601.71	$304.07	13.23% Total	$4,097.64	$4,401.71	$304.07		 7.42%

Series 2015A-1 Debt Service - Single Family 73' Partial	 $1,080.00	$1,080.00		$0.00		0.00% Operations/Maintenance - Single Family 73'	$2,297.64	$2,601.71	$304.07	13.23% Total	$3,377.64	$3,681.71	$304.07		 9.00%

Series 2015A-1 Debt Service - Single Family 93'	$2,100.00	$2,100.00		$0.00		0.00% Operations/Maintenance - Single Family 93'	$2,377.17	$2,691.50	$314.33	13.22% Total	$4,477.17	$4,791.50	$314.33		 7.02%

Series 2015A-1 Debt Service - Single Family 93' Partial	$1,400.00	$1,400.00		$0.00		0.00% Operations/Maintenance - Single Family 93'	$2,377.17	$2,691.50	$314.33	13.22% Total	$3,777.17	$4,091.50	$314.33		 8.32%

Series 2016A-1 Debt Service - Single Family 63'	$1,800.00	 $1,800.00		$0.00		0.00% Operations/Maintenance - Single Family 63'	$2,257.87	$2,556.81	$298.94	13.24% Total	$4,057.87	$4,356.81	$298.94		 7.37%

Series 2016A-1 Debt Service - Single Family 73'	$1,800.00	$1,800.00		$0.00		0.00% Operations/Maintenance - Single Family 73'	$2,297.64	$2,601.71	$304.07	13.23% Total	$4,097.64	$4,401.71	$304.07		 7.42%

Series 2016A-1 Debt Service - Single Family 83'	$2,100.00	$2,100.00		$0.00		0.00% Operations/Maintenance - Single Family 83'	$2,337.40	$2,646.61	$309.21	13.23% Total	$4,437.40	$4,746.61	$309.21		 6.97%

Series 2016A-1 Debt Service - Single Family 93'	$2,100.00	 $2,100.00		$0.00		0.00% Operations/Maintenance - Single Family 93'	$2,377.17	$2,691.50	$314.33	13.22% Total	$4,477.17	$4,791.50	$314.33		 7.02%

6

SOUTHAVEN COMMUNITY DEVELOPMENT DISTRICT

FISCAL YEAR 2023/2024 O&M & DEBT SERVICE ASSESSMENT SCHEDULE

.
TOTAL O&M BUDGET		$872,039.00	
COLLECTION COSTS @	2%	$18,554.02	
EARLY PAYMENT DISCOUNTS @	4%	  $37,108.04 	
TOTAL O&M ASSESSMENT		  $927,701.06 	

	UNITS ASSESSED	

ALLOCATION OF EQUALIZED ADMIN COSTS

$101,928.72

ALLOCATION OF EQUALIZED FIELD COSTS

$703,545.74

ALLOCATION OF STRATIFIED FIELD COSTS

$122,226.60

PER LOT ANNUAL ASSESSMENT

 SERIES  2015A-1  DEBT 

 SERIES  2016A-1  DEBT 

% TOTAL 

TOTAL

PER UNIT

% TOTAL 

TOTAL

PER UNIT

% TOTAL 	TOTAL	PER UNIT

2015A-1 DEBT  2016A-1 DEBT 

	LOT SIZE	

28.00

104.58

1.26

78.40

4.80	6.05%

22.60%

0.27%

16.94%

1.04%	$7,394.87

$27,619.83

$332.77

$20,705.63

$1,267.69	

87.20

49.14

48.62

60.80	

18.84%

10.62%

10.51%

13.14%	

$23,029.73

$12,977.99

$12,840.66

$16,057.43	
462.80	100%	$122,226.60	

Phase 1

O&M

SERVICE(1)

SERVICE (1)

 EAU FACTOR  TOTAL EAU's

EAU's

  BUDGET  ASSESSMENT   EAU FACTOR  TOTAL EAU's

EAU's

  BUDGET  ASSESSMENT   EAU FACTOR  TOTAL EAU's	EAU's  BUDGET  ASSESSMENT 

TOTAL O&M  SERVICE (2)	SERVICE (2)  TOTAL (3)

Single Family 58'	28	28	0	1.00	28.00	7.89%	$8,039.45	$287.12		1.00	28.00	7.89%	$55,490.93	$1,981.82		1.00		$264.10		$2,533.04	$1,800.00	$0.00	$4,333.04	
Single Family 73'	83	58	0	1.00	83.00	23.38%	$23,831.22	$287.12		1.00	83.00	23.38%	$164,490.98	$1,981.82		1.26		$332.77		$2,601.71	$1,800.00	$0.00	$4,401.71	
Single Family 73' (Partial)	1	1	0	1.00	1.00	0.28%	$287.12	$287.12		1.00	1.00	0.28%	$1,981.82	$1,981.82		1.26		$332.77		$2,601.71	$1,080.00	$0.00	$3,681.71	
Single Family 93'	49	37	0	1.00	49.00	13.80%	$14,069.04	$287.12		1.00	49.00	13.80%	$97,109.13	$1,981.82		1.60		$422.56		$2,691.50	$2,100.00	$0.00	$4,791.50	
Single Family 93' (Partial)	3	2	0	1.00	3.00	0.85%	$861.37	$287.12		1.00	3.00	0.85%	$5,945.46	$1,981.82		1.60		$422.56		$2,691.50	$1,400.00	$0.00	$4,091.50	

Phase 2
Single Family 63'	

80	

0	

72	

1.00	

80.00	

22.54%	

$22,969.85	

$287.12		

1.00	

80.00	

22.54%	

$158,545.52	

$1,981.82		

1.09		

$287.87		

$2,556.81	

$0.00	

$1,800.00	

$4,356.81	
Single Family 73'	39	0	31	1.00	39.00	10.99%	$11,197.80	$287.12		1.00	39.00	10.99%	$77,290.94	$1,981.82		1.26		$332.77		$2,601.71	$0.00	$1,800.00	$4,401.71	
Single Family 83'	34	0	31	1.00	34.00	9.58%	$9,762.19	$287.12		1.00	34.00	9.58%	$67,381.85	$1,981.82		1.43		$377.67		$2,646.61	$0.00	$2,100.00	$4,746.61	
Single Family 93'	38	0	36	1.00	38.00	10.70%	$10,910.68	$287.12		1.00	38.00	10.70%	$75,309.12	$1,981.82		1.60		$422.56		$2,691.50	$0.00	$2,100.00	$4,791.50	
TOTAL COMMUNITY	355	126	170		355.00	100.00%	$101,928.72				355.00	100%	$703,545.74											

LESS: St. John's County Collection Costs (2%) and Early Payment Discount (4%)	($6,115.72)		($42,212.74)		($7,333.60)	
Net Revenue to be Collected	  $95,813.00 		 $661,333.00 		 $114,893.00 	

(1) Reflects the number of total lots with Series 2015A-1 and 2016A-1 debt outstanding. There have been 38 (thirty-eight) Series 2015A-1 prepayments and 20 (twenty) Series 2016A-1 prepayments.
(2) Annual debt service assessment per lot adopted in connection with the Series 2015A-1 and Series 2016A-1 bond issues. Annual assessment includes principal, interest, St. John's County collection costs and early payment discount costs.
(3) Annual assessment that will appear on November 2023 St. John's County property tax bill. Amount shown includes all applicable collection costs. Property owner is eligible for a discount of up to 4% if paid early.

7

GENERAL FUND BUDGET ACCOUNT CATEGORY DESCRIPTION

The General Fund Budget Account Category Descriptions are subject to change at any time depending on its application to the District. Please note, not all General Fund Budget Account Category Descriptions are applicable to the District indicated above. Uses of the descriptions contained herein are intended for general reference.

REVENUES:

Interest Earnings: The District may earn interest on its monies in the various operating accounts.

Tax Roll: The District levies Non-Ad Valorem Special Assessments on all of the assessable property within the District to pay for operating expenditures incurred during the Fiscal Year. The assessments may be collected in two ways. The first is by placing them on the County’s Tax Roll, to be collected with the County’s Annual Property Tax Billing. This method is only available to land properly platted within the time limits prescribed by the County.

Off Roll: For lands not on the tax roll and that is by way of a direct bill from the District to the appropriate property owner.

Developer Contributions: The District may enter into a funding agreement and receive certain prescribed dollars from the Developer to off-set expenditures of the District.

Event Rental: The District may receive monies for event rentals for such things as weddings, birthday parties, etc.

Miscellaneous Revenues: The District may receive monies for the sale or provision of electronic access cards, entry decals etc.

Facilities Rentals: The District may receive monies for the rental of certain facilities by outside sources, for such items as office space, snack bar/restaurants etc.

8

EXPENDITURES – ADMINISTRATIVE:

Supervisor Fees: The District may compensate its supervisors within the appropriate statutory limits of
$200.00 maximum per meeting within an annual cap of $4,800.00 per supervisor.

Administrative Services: The District will incur expenditures for the day to today operation of District matters. These services include support for the District Management function, recording and preparation of meeting minutes, records retention and maintenance in accordance with Chapter 119, Florida Statutes, and the District’s adopted Rules of Procedure, preparation and delivery of agenda, overnight deliveries, facsimiles and phone calls.

District Management: The District as required by statute, will contract with a firm to provide for management and administration of the District’s day to day needs. These service include the conducting of board meetings, workshops, overall administration of District functions, all required state and local filings, preparation of annual budget, purchasing, risk management, preparing various resolutions and all other secretarial duties requested by the District throughout the year is also reflected in this amount.

District Engineer: The District’s engineer provides general engineering services to the District. Among these services are attendance at and preparation for monthly board meetings, review of construction invoices and all other engineering services requested by the district throughout the year.

Disclosure Report: The District is required to file quarterly and annual disclosure reports, as required in the District’s Trust Indenture, with the specified repositories. This is contracted out to a third party in compliance with the Trust Indenture.

Trustee’s Fees: The District will incur annual trustee’s fees upon the issuance of bonds for the oversight of the various accounts relating to the bond issues.

Assessment Roll: The District will contract with a firm to prepare, maintain and certify the assessment roll(s) and annually levy a non-ad valorem assessment for operating and debt service expenses.

Financial & Revenue Collections: Services of the Collection Agent include all functions necessary for the timely billing and collection and reporting of District assessments in order to ensure adequate funds to meet the District’s debt service and operations and maintenance obligations. The Collection Agent also maintains and updates the District’s lien book(s) annually and provides for the release of liens on property after the full collection of bond debt levied on particular properties.

Accounting Services: Services include the preparation and delivery of the District’s financial statements in accordance with Governmental Accounting Standards, accounts payable and accounts receivable functions, asset tracking, investment tracking, capital program administration and requisition processing, filing of annual reports required by the State of Florida and monitoring of trust account activity.

Auditing Services: The District is required annually to conduct an audit of its financial records by an Independent Certified Public Accounting firm, once it reaches certain revenue and expenditure levels, or has issued bonds and incurred debt.

9

Arbitrage Rebate Calculation: The District is required to calculate the interest earned from bond proceeds each year pursuant to the Internal Revenue Code of 1986. The Rebate Analyst is required to verify that the District has not received earnings higher than the yield of the bonds.

Travel: Each Board Supervisor and the District Staff are entitled to reimbursement for travel expenses per Florida Statutes 190.006(8).

Public Officials Liability Insurance: The District will incur expenditures for public officials’ liability insurance for the Board and Staff.

Legal Advertising: The District will incur expenditures related to legal advertising. The items for which the District will advertise include, but are not limited to meeting schedules, special meeting notices, and public hearings, bidding etc. for the District based on statutory guidelines

Bank Fees: The District will incur bank service charges during the year.

Dues, Licenses & Fees: The District is required to pay an annual fee to the Department of Economic Opportunity, along with other items which may require licenses or permits, etc.

Miscellaneous Fees: The District could incur miscellaneous throughout the year, which may not fit into any standard categories.

Website Hosting, Maintenance and Email: The District may incur fees as they relate to the development and ongoing maintenance of its own website along with possible email services if requested.

District Counsel: The District’s legal counsel provides general legal services to the District. Among these services are attendance at and preparation for monthly board meetings, review of operating and maintenance contracts and all other legal services requested by the district throughout the year.

EXPENDITURES - FIELD OPERATIONS:

Deputy Services: The District may wish to contract with the local police agency to provide security for the District.

Security Services and Patrols: The District may wish to contract with a private company to provide security for the District.

Electric Utility Services: The District will incur electric utility expenditures for general purposes such as irrigation timers, lift station pumps, fountains, etc.

Street Lights: The District may have expenditures relating to street lights throughout the community. These may be restricted to main arterial roads or in some cases to all street lights within the District’s boundaries.

10

Utility - Recreation Facility: The District may budget separately for its recreation and or amenity electric separately.

Gas Utility Services: The District may incur gas utility expenditures related to district operations at its facilities such as pool heat etc.

Garbage - Recreation Facility: The District will incur expenditures related to the removal of garbage and solid waste.

Solid Waste Assessment Fee: The District may have an assessment levied by another local government for solid waste, etc.

Water-Sewer Utility Services: The District will incur water/sewer utility expenditures related to district operations.

Utility - Reclaimed: The District may incur expenses related to the use of reclaimed water for irrigation.

Aquatic Maintenance: Expenses related to the care and maintenance of the lakes and ponds for the control of nuisance plant and algae species.

Fountain Service Repairs & Maintenance: The District may incur expenses related to maintaining the fountains within throughout the Parks & Recreational areas

Lake/Pond Bank Maintenance: The District may incur expenditures to maintain lake banks, etc. for the ponds and lakes within the District’s boundaries, along with planting of beneficial aquatic plants, stocking of fish, mowing and landscaping of the banks as the District determines necessary.

Wetland Monitoring & Maintenance: The District may be required to provide for certain types of monitoring and maintenance activities for various wetlands and waterways by other governmental entities.

Mitigation Area Monitoring & Maintenance: The District may be required to provide for certain types of monitoring and maintenance activities for various mitigation areas by other governmental entities.

Aquatic Plant Replacement: The expenses related to replacing beneficial aquatic plants, which may or may not have been required by other governmental entities.

General Liability Insurance: The District will incur fees to insure items owned by the District for its general liability needs

Property Insurance: The District will incur fees to insure items owned by the District for its property needs

Entry and Walls Maintenance: The District will incur expenditures to maintain the entry monuments and the fencing.

11

Landscape Maintenance: The District will incur expenditures to maintain the rights-of-way, median strips, recreational facilities including pond banks, entryways, and similar planting areas within the District. These services include but are not limited to monthly landscape maintenance, fertilizer, pesticides, annuals, mulch, and irrigation repairs.

Irrigation Maintenance: The District will incur expenditures related to the maintenance of the irrigation systems.

Irrigation Repairs: The District will incur expenditures related to repairs of the irrigation systems.

Landscape Replacement: Expenditures related to replacement of turf, trees, shrubs etc.

Field Services: The District may contract for field management services to provide landscape maintenance oversight.

Miscellaneous Fees: The District may incur miscellaneous expenses that do not readily fit into defined categories in field operations.

Gate Phone: The District will incur telephone expenses if the District has gates that are to be opened and closed.

Street/Parking Lot Sweeping: The District may incur expenses related to street sweeping for roadways it owns or are owned by another governmental entity, for which it elects to maintain.

Gate Facility Maintenance: Expenses related to the ongoing repairs and maintenance of gates owned by the District if any.

Sidewalk Repair & Maintenance: Expenses related to sidewalks located in the right of way of streets the District may own if any.

Roadway Repair & Maintenance: Expenses related to the repair and maintenance of roadways owned by the District if any.

Employees - Salaries: The District may incur expenses for employees/staff members needed for the recreational facilities such as Clubhouse Staff.

Employees - P/R Taxes: This is the employer’s portion of employment taxes such as FICA etc.

Employee - Workers’ Comp: Fees related to obtaining workers compensation insurance.

Management Contract: The District may contract with a firm to provide for the oversight of its recreation facilities.

Maintenance & Repair: The District may incur expenses to maintain its recreation facilities.

Facility Supplies: The District may have facilities that required various supplies to operate.

12

Gate Maintenance & Repairs: Any ongoing gate repairs and maintenance would be included in this line item.

Telephone, Fax, Internet: The District may incur telephone, fax and internet expenses related to the recreational facilities.

Office Supplies: The District may have an office in its facilities which require various office related supplies.

Clubhouse - Facility Janitorial Service: Expenses related to the cleaning of the facility and related supplies.

Pool Service Contract: Expenses related to the maintenance of swimming pools and other water features.

Pool Repairs: Expenses related to the repair of swimming pools and other water features.

Security System Monitoring & Maintenance: The District may wish to install a security system for the clubhouse

Clubhouse Miscellaneous Expense: Expenses which may not fit into a defined category in this section of the budget

Athletic/Park Court/Field Repairs: Expense related to any facilities such as tennis, basketball etc.

Trail/Bike Path Maintenance: Expenses related to various types of trail or pathway systems the District may own, from hard surface to natural surfaces.

Special Events: Expenses related to functions such as holiday events for the public enjoyment

Miscellaneous Fees: Monies collected and allocated for fees that the District could incur throughout the year, which may not fit into any standard categories.

Miscellaneous Contingency: Monies collected and allocated for expenses that the District could incur throughout the year, which may not fit into any standard categories.

Capital Outlay: Monies collected and allocated for various projects as they relate to public improvements.

13

RESERVE FUND BUDGET ACCOUNT CATEGORY DESCRIPTION

The Reserve Fund Budget Account Category Descriptions are subject to change at any time depending on its application to the District. Please note, not all Reserve Fund Budget Account Category Descriptions are applicable to the District indicated above. Uses of the descriptions contained herein are intended for general reference.

REVENUES:

Tax Roll: The District levies Non-Ad Valorem Special Assessments on all of the assessable property within the District to pay for operating expenditures incurred during the Fiscal Year. The assessments may be collected in two ways. The first is by placing them on the County’s Tax Roll, to be collected with the County’s Annual Property Tax Billing. This method is only available to land properly platted within the time limits prescribed by the County.

Off Roll: For lands not on the tax roll and that is by way of a direct bill from the District to the appropriate property owner.

Developer Contributions: The District may enter into a funding agreement and receive certain prescribed dollars from the Developer to off-set expenditures of the District.

Miscellaneous Revenues: The District may receive monies for the sale or provision of electronic access cards, entry decals etc.

EXPENDITURES:

Capital Reserve: Monies collected and allocated for the future repair and replacement of various capital improvements such as club facilities, swimming pools, athletic courts, roads, etc.

Capital Outlay: Monies collected and allocated for various projects as they relate to public improvements.

14

DEBT SERVICE FUND BUDGET ACCOUNT CATEGORY DESCRIPTION

The Debt Service Fund Budget Account Category Descriptions are subject to change at any time depending on its application to the District. Please note, not all Debt Service Fund Budget Account Category Descriptions are applicable to the District indicated above. Uses of the descriptions contained herein are intended for general reference.

REVENUES:

Special Assessments: The District may levy special assessments to repay the debt incurred by the sale of bonds to raise working capital for certain public improvements. The assessments may be collected in the same fashion as described in the Operations and Maintenance Assessments.

EXPENDITURES – ADMINISTRATIVE:

Bank Fees: The District may incur bank service charges during the year.

Debt Service Obligation: This would a combination of the principal and interest payment to satisfy the annual repayment of the bond issue debt.

Tab 11

RESOLUTION 2023-07

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE SOUTHAVEN COMMUNITY DEVELOPMENT DISTRICT MAKING A DETERMINATION OF BENEFIT AND IMPOSING SPECIAL ASSESSMENTS FOR FISCAL YEAR 2023/2024; PROVIDING FOR THE COLLECTION AND ENFORCEMENT OF SPECIAL ASSESSMENTS; CERTIFYING AN ASSESSMENT ROLL; PROVIDING FOR AMENDMENTS TO THE ASSESSMENT ROLL; PROVIDING A SEVERABILITY CLAUSE; AND PROVIDING AN EFFECTIVE DATE.

WHEREAS, the Southaven Community Development District (“District”) is a local unit of special-purpose government established pursuant to Chapter 190, Florida Statutes, for the purpose of providing, operating and maintaining infrastructure improvements, facilities and services to the lands within the District; and

WHEREAS, the District is located in St. Johns County, Florida (“County”); and

WHEREAS, the District has constructed or acquired various infrastructure improvements and provides certain services in accordance with the District’s adopted capital improvement plan and Chapter 190, Florida Statutes; and

WHEREAS, the Board of Supervisors (“Board”) of the District hereby determines to undertake various operations and maintenance and other activities described in the District’s budget (“Adopted Budget”) for the fiscal year beginning October 1, 2023 and ending September 30, 2024 (“Fiscal Year 2023/2024”), attached hereto as Exhibit “A” and incorporated by reference herein; and

WHEREAS, the District must obtain sufficient funds to provide for the operation and maintenance of the services and facilities provided by the District as described in the Adopted Budget; and

WHEREAS, the provision of such services, facilities, and operations is a benefit to lands within the District; and

WHEREAS, Chapter 190, Florida Statutes, provides that the District may impose special assessments on benefitted lands within the District; and

WHEREAS, it is in the best interests of the District to proceed with the imposition of the special assessments for operations and maintenance in the amount set forth in the Adopted Budget; and

WHEREAS, the District has previously levied an assessment for debt service, which the District desires to collect for Fiscal Year 2023/2024; and

WHEREAS, Chapter 197, Florida Statutes, provides a mechanism pursuant to which such special assessments may be placed on the tax roll and collected by the local tax collector (“Uniform Method”), and the District has previously authorized the use of the Uniform Method by, among other things, entering into agreements with the Property Appraiser and Tax Collector of the County for that purpose; and

WHEREAS, it is in the best interests of the District to adopt the Assessment Roll of the Southaven Community Development District (“Assessment Roll”) attached to this Resolution as Exhibit “B” and incorporated as a material part of this Resolution by this reference, and to certify the Assessment Roll to the County Tax Collector pursuant to the Uniform Method; and

WHEREAS, it is in the best interests of the District to permit the District Manager to amend the Assessment Roll, certified to the County Tax Collector by this Resolution, as the Property Appraiser updates the property roll for the County, for such time as authorized by Florida law.

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE SOUTHAVEN COMMUNITY DEVELOPMENT DISTRICT:

SECTION 1.  BENEFIT & ALLOCATION FINDINGS. The Board hereby finds and determines that the provision of the services, facilities, and operations as described in Exhibit “A” confers a special and peculiar benefit to the lands within the District, which benefit exceeds or equals the cost of the assessments. The allocation of the assessments to the specially benefitted lands, as shown in Exhibits “A” and “B,” is hereby found to be fair and reasonable.

SECTION 2.  ASSESSMENT IMPOSITION. Pursuant to Chapters 190 and 197, Florida Statutes, and using the procedures authorized by Florida law for the levy and collection of special assessments, a special assessment for operation and maintenance is hereby imposed and levied on benefitted lands within the District, and in accordance with Exhibits “A” and “B.” The lien of the special assessments for operations and maintenance imposed and levied by this Resolution shall be effective upon passage of this Resolution. Moreover, pursuant to Section 197.3632(4), Florida Statutes, the lien amount shall serve as the “maximum rate” authorized by law for operation and maintenance assessments.

SECTION 3. COLLECTION. The collection of the operation and maintenance special assessments and previously levied debt service assessments shall be at the same time and in the same manner as County taxes in accordance with the Uniform Method, as indicated on Exhibits “A” and “B.” The decision to collect special assessments by any particular method – e.g., on the tax roll or by direct bill – does not mean that such method will be used to collect special assessments in future years, and the District reserves the right in its sole discretion to select collection methods in any given year, regardless of past practices.

SECTION 4.	ASSESSMENT ROLL.  The Assessment Roll, attached to this Resolution as
Exhibit “B,” is hereby certified to the County Tax Collector and shall be collected by the County

Tax Collector in the same manner and time as County taxes. The proceeds therefrom shall be paid to the District.

SECTION 5.  Assessment Roll Amendment. The District Manager shall keep apprised of all updates made to the County property roll by the Property Appraiser after the date of this Resolution and shall amend the Assessment Roll in accordance with any such updates, for such time as authorized by Florida law, to the County property roll. After any amendment of the Assessment Roll, the District Manager shall file the updates in the District records.

SECTION 6. SEVERABILITY. The invalidity or unenforceability of any one or more provisions of this Resolution shall not affect the validity or enforceability of the remaining portions of this Resolution, or any part thereof.

SECTION 7. EFFECTIVE DATE. This Resolution shall take effect upon the passage and adoption of this Resolution by the Board.

PASSED AND ADOPTED this 2nd day of August 2023.

ATTEST:	SOUTHAVEN COMMUNITY DEVELOPMENT DISTRICT

Secretary / Assistant Secretary	Chair / Vice Chair, Board of Supervisors

Exhibit A:	Budget
Exhibit B:	Assessment Roll

Exhibit A
The Fiscal Year 2023/2024 Adopted Budget will be attached as Exhibit A

Exhibit B
Assessment Roll
The Assessment Roll is maintained in the District's official records and is available upon request. Certain Exempt information may be redacted prior to release in compliance with Chapter 119, FL Statues.

Tab 12

RESOLUTION 2023-08

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE SOUTHAVEN COMMUNITY DEVELOPMENT DISTRICT DESIGNATING DATES, TIME AND LOCATION FOR REGULAR MEETINGS OF THE BOARD OF SUPERVISORS OF THE DISTRICT, FOR FISCAL YEAR 2023/2024, AND PROVIDING FOR AN EFFECTIVE DATE

WHEREAS, Southaven Community Development 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 St Johns County, Florida; and

WHEREAS, the District’s Board of Supervisors (hereinafter the “Board”) is statutorily authorized to exercise the powers granted to the District; and

WHEREAS, all meetings of the Board shall be open to the public and governed by the provisions of Chapter 286, Florida Statutes; and

WHEREAS, the Board is statutorily required to file annually, with the local governing authority or authorities a schedule of its regular meetings; and

WHEREAS, the District is required by Florida law to prepare an annual schedule of its regular public meetings which designates the date, time, and location of the District’s meetings.

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE SOUTHAVEN COMMUNITY DEVELOPMENT DISTRICT:

The Fiscal Year 2023/2024 annual public meeting schedule attached hereto and incorporated by reference herein as Exhibit A is hereby approved and will be published and filed in accordance with Section 189.015(1), Florida Statutes.

This Resolution shall become effective immediately upon its adoption.

PASSED AND ADOPTED THIS 2nd DAY OF AUGUST, 2023.

SOUTHAVEN COMMUNITY DEVELOPMENT DISTRICT

CHAIRMAN / VICE CHAIRMAN
ATTEST:

SECRETARY / ASST. SECRETARY

EXHIBIT “A”

BOARD OF SUPERVISORS MEETING DATES SOUTHAVEN COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2023/2024

November 16, 2023

January 18, 2024

March 21, 2024

April 18, 2024

July 18, 2024

September 19, 2024

All meetings will convene at 10:00 a.m.
and will be held at the Markland Amenity Center, 61 Clarissa Lane, St. Augustine Florida 32095.