Randal Park Community Development District

Agenda November 15, 2019

Randal Park
Community Development District
135 W. Central Blvd., Suite 320, Orlando, Florida 32801
Phone: 407-841-5524- Fax: 407-839-1526

November 8,2019

Board of Supervisors Randal Park Community Development District

Dear Board Members:

The Board of Supervisors of Randal Park Community Development District will meet Friday, November 15, 2019 at 9:30 AM at the Randal House Clubhouse, 8730 Randal Park Blvd., Orlando, FL. Following is the advance agenda for the meeting:

Roll Call
Public Comment Period (Speakers will fill out a card and submit it to the District Manager prior to the beginning of the meeting)
Approval of Minutes of the October 18, 2019 Meeting
Engineer's Report
Consideration of Resolution 2020-02 Amending the Fiscal Year 2019 Budget
Consideration of Agreement with Virgin Trains USA Florida,LLC
Discussion of Camera System Quotes
Discussion of Proposal for Playground Mulch
Consideration of Non-Ad Valorem Assessment Administration Agreement with the Orange County Property Appraiser
Staff Reports
Attorney
District Manager's Report
Approval of Check Register
Balance Sheet and Income Statement
Field Manager's Report
Amenity Report
Presentation of Arbitrage Rebate Calculation Report
Supervisor's Requests
Other Business
Next Meeting Date
Adjournment

The second order of business is the Public Comment Period where the public has an opportunity to be heard on propositions coming before the Board as reflected on the agenda, and any other items. Speakers must fill out a Request to Speak form and submit it to the District Manager prior to the beginning of the meeting.

The third order of business is the approval of the minutes of the October 18,2019 meeting. The minutes are enclosed for your review.

The fourth order of business is the Engineer's Report.

The fifth order of business is the consideration of Resolution 2020-02 amending the Fiscal Year 2019 budget. A copy of the Resolution and amended budget are enclosed for your review.

The sixth order of business is the consideration of agreement with Virgin Trains USA Florida, LLC regarding the Central Florida Expressway Authority Rail Line Easement. A copy of the revised agreement is enclosed for your review.

The seventh order of business is the discussion of camera system quotes. A  copy of the quotes are enclosed for your review.

The eighth order of business is the discussion of proposal for playground mulch. A copy of the proposal is enclosed for your review.

The ninth order of business is the consideration of the non-ad valorem assessment administration agreement with the Orange County Property Appraiser. A copy of the agreement is enclosed for your review.

Section B of the tenth order of business is the District Manager's Report. Section 1 includes the check register for approval and Section 2 includes the balance sheet and income statement for review. Section 3 is the presentation of the Field Manager's Report that contains the details of the field issues going on in the community and Section 4 is the presentation of the Amenity Report detailing the activities going on in the community. Both reports are enclosed for your review. Section 5 presentation of arbitrage rebate calculation report for the Series 2012 bonds. A copy of the report is enclosed for your review.

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The balance of the agenda will be discussed at the meeting. In the meantime, if you have any questions, please contact me.

Jason M. Show✓e District Manager

CC:	Jan Carpenter, District Counsel James Hoffman, District Engineer Marcia Calleja, Amenity Manager
Alexandra Penagos, Community Manager Darrin Mossing, GMS

Enclosures

MINUTES

MINUTES OF MEETING RANDAL PARK
COMMUNITY DEVELOPMENT DISTRICT
The regular meeting of the Board of Supervisors of the Randal Park Community Development District was held Friday, October 18, 2019 at 9:30 a.m. at the Randal House Clubhouse, 8730 Randal Park Boulevard, Orlando, Florida.

Present and constituting a quorum were:
Charles "Chuck" Bell Katie Steuck Stephanie Cornelius
Also present were:
George Flint Andrew d'Adesky James Hoffman William Viasalyers Marcia Calleja Alexandra Panagos Lathan Smith Jason Showe

FIRST ORDER OF BUSINESS

Vice Chairman Assistant Secretary Assistant Secretary

District Manager District Counsel District Engineer Field Manager Amenity Manager Community Manager Yellowstone
GMS

Roll Call

Mr. Flint called the meeting to order and called the roll.

SECOND ORDER OF BUSINESS	Public Comment Period
Mr. Flint stated I received on request to speak from Richard Diaz, the agenda item indicates conservation land behind Lovett and there is not an item in regard to that, but he has a series ofquestions.
Mr. Diaz stated there is some land located behind Lovett that is still in Mattamy's name and I want to know when that is going to be conveyed to the District. I know the cellphone tower is going to be located on that land. I want to know whether they are going to buy that land or if there is going to be a lease and who is going to be getting those fees?
Mr. Hoffman stated I'm familiar with the site; I'm not familiar with the wording of the deal or the status of that conveyance.

October 18, 2019	Randal Park CDD

Mr. Bell stated it will stay in Mattamy's name at this point. With respect to the cellphone tower it will not be conveyed, there is a lease between Mattamy Florida, LLC and Coral Towers, there is long term lease of 30 years.
Mr. Diaz asked is Mattamy going to get that revenue?
Mr. Bell responded that is correct because Mattamy owns that land and that is within their rights and Coral Towers will be paying money to Mattamy.
Mr. Diaz asked is that a separate parcel? Mr. Bell responded yes.
Mr. Diaz stated when I go online it says HOA vacant.
Mr. Bell stated you are looking at the designation of that property and the underlying landowner is still Mattamy.
Mr. Flint stated Mattamy has retained ownership of that parcel and it is not subject to the permits that we have from a conservation perspective.
Mr. d' Adesky stated once the conservation land is conveyed to the CDD that parcel will still remain a privately owned parcel.
Mr. Flint stated there is an easement the CDD has for access to that site but that is the only involvement the CDD has.
Mr. Diaz asked was there any financial consideration to the CDD for granting that easement?
Mr. Flint stated that easement was on a prior agenda; it has been discussed a number times in public meetings and the easement is not on this agenda nor is that item. The easement has been approved it is in place, it has been recorded; they have access through our property legally; we would have been required to give them access whether the easement was entered into or not.
Mr. Diaz stated I would like to see the minutes of the meeting when that transaction occurred to see how many members were Mattamy employees.
Mr. Flint stated all the minutes are public record and you are welcome to review them.
Mr. Diaz asked the Meridian Park advertising will that be taken down once it 1s conveyed? Are they paying advertising to the CDD?
Mr. Flint stated there is a current easement in place that allows that sign to be there. I would have to pull the easement to see what the timeframe is for the sign.

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October 18, 2019	Randal Park CDD

Mr. d'Adesky stated when there is a landlocked parcel that can only be accessed through on particular route you have to grant an easement; that is something you cannot charge for.
Mr. Diaz stated they carved out this little parcel and put up this pole and will be getting
who knows how much for 20 or 30 years and that wasn't technically disclosed to those homeowners when they purchased. It seems very underhanded. You have 2,000 acres across the lake so why not put it up across the lake and then build the homes.
Mr. Flint stated the CDD is not constructing the cell tower, we are not entering into the agreement, we are not permitting it, the City permits and approves cell towers. There was a public hearing process with meetings in this location I believe for resident feedback. This body does not approve whether there is a cell tower there or not. The only involvement this body had was with the easement to access the parcel, which legally they would have been required to do.
Ms. Steuck stated I don't think the concern is the easement but that Mattamy turned over all the land to the CDD except the one parcel that they are going to be significantly profiting from. Is there any way that Mattamy would make a good faith effort to the CDD to do some sort of compensation share being that the homeowners are going to be affected by this cell tower and they are going to access the cell tower through the CDD property, which the CDD is probably going to have to pay more to maintain?
Mr. d'Adesky stated to the extent there is any cost of maintenance for that easement Mattamy is on the line through that easement to pay those costs to maintain and restore that easement. If we have to improve the easement such as pack the dirt and put some gravel down, those costs would fall to Mattamy under the easement. The residents are not burdened by any costs of that easement.
Mr. Bell stated as long as Mattamy retains that property as an owner of property within the CDD they would still be subject to CDD assessments.
Mr. d'Adesky stated ifthey are within the boundary, yes. Ms. Steuck asked are they paying assessments on that now?
Mr. Flint stated not right now, Mattamy pays assessments on all the developable property they own. We will have to look at that.
Mr. d'Adesky stated originally it was undeveloped land and as part of that general area it is either road right of way, and is typically unassessed but since they are having a use on it we will have to come up with an ERU factor for that. We will have to see what they are benefitting

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October 18, 2019	Randal Park CDD

from, overall admin and see what other services benefit that parcel and assess them some rate just as we do with houses or other property in the District.
Mr. Flint stated I think it would be minimal because there is no real impact other than maybe the access to the roadway; they are not using the amenities and they are not benefiting from the stormwater system because there is no impervious area there.
Ms. Steuck asked is that the only parcel in their name?
Mr. d'Adesky stated the conservation area hasn't been conveyed yet and the cellphone tower parcel.
Mr. Hoffman stated the original PD approval in 20 IO always contemplated a potential communication tower location at that borrow pit. That was part of the zoning and land use approvals for Randal Park well before any lots were sold. I can't speak to any disclosures at the time of home purchase but the potential for a cellphone tower was absolutely part of the public records and written into the land use ordinance for Randal Park for at least the last ten years.
Ms. Viola stated I'm piggybacking on what he brought up. We have an operation in our backyard and all of our properties are eroding, every single one of them. This has been going on at least since 2015 and nothing has been done, nothing has been said. We keep hearing it belongs to Mattamy, it belongs to the City, it belongs to this person or that person and nothing ever gets done.
Mr. Flint stated we will be happy to have the District Engineer and the Field Manager go out and look at the area behind your home.
Mr. Hoffman stated I did go out a year and a half to two years ago. There were some
concerns of the erosion along those lots along the fencing and the back of the conservation area. We went out with Mattamy's field personnel and measurements were taken at the time to restore the sod and stabilize the slopes and do some things out there to remediate that issue and avoid the erosion. We saw a lot of things where it came up past the fence line and dropped off there were stabilization issues and a lot of those were fixed. There was also a lot running right up into the yards. We would be happy to go back and take a look at what the conditions look like today and work with the District.
Ms. Moore stated they came out and put rock-like gravel in the back comer by my fence.
It can't be more than three or four feet of rock. I'm also here because my husband and I take our daughter on bike rides all over the neighborhood and all the little ponds are maintained; ours is a

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October 18, 2019	Randal Park COD

complete mess to the point where we had to put in a fence otherwise our whole yard would be conservation right now, it is going through our fence and the last time I saw someone back there spraying for weeds was well over a year ago. We are at the end of the cul-de-sac and it has gotten to the point where I had to go beyond my fence and weed whack a few feet. These treelike weeds are growing into our yard.
Mr. Hoffman stated that is not a pond. As the engineer who worked on the stormwater management system these stormwater ponds are designed for the treatment of stormwater and flood control. What is behind the lots on Tibbett Street is a wetland creation area. The reason it is not maintained is because the entire intent of it working with the biological consultant, the developer and the District is they had to create native wetland species and the intent is that it grows in and compensates for wetland impacts elsewhere in the District. I will be happy to go out and look at the erosion I would probably need to consult with the environmental folks as to any maintenance that can even be done because those things are put under conservation easements to restrict what can be done out there. It is intended to be an extension of the wetland system, literally create additional wetlands to create habitat for species and so forth. I will be happy to go out and look at it I just want to tell you the reason it is not maintained like other ponds is because it is not a pond. The whole idea is that it is a spot that doesn't get touched. I will assess the erosion issue and if the District is okay with it, we can reach out to the environmental consultant and they can provide some guidance as to how and what can be maintained back there to help you understand as homeowners. One of the best practices that can be done without violating the state and federal permits for that conservation area if there is anything that could or should be done on the conservation side for maintenance, a nuisance species or things like that, they can provide those recommendations.
THIRD ORDER OF BUSINESS	Approval of the Minutes of the September 27,
2019 Meeting

On MOTION by Mr. Bell seconded by Ms. Cornelius with all in favor the minutes of the minutes of the September 27, 2019 meeting were approved, as presented.
FOURTH ORDER OF BUSINESS	Engineer's Report
There being none, the next item followed.

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October 18, 2019

FIFTH ORDER OF BUSINESS

Randal Park COD

Consideration	of	Resolution	2020-01 Declaring the Series 2018 Project Complete

Mr. Flint stated we talked at the last meeting about the need to declare the Series 2018 project complete, which is the Randal Walk project. Once the project is complete the Engineer is supposed to go through a process of declaring it complete and the Board adopts a resolution that allows us to close out the construction account and document the completion of the project.
Mr. d'Adesky stated we provided the resolution and the Engineer's Certificate of Completion is attached to the resolution. It is the same as we have approved in the past where it says we have received everything we need to receive from that specific project and therefore, the project is complete and closed out. That ends the obligations associated with the conveyances for that specific section.
Mr. Hoffman stated we have previously reviewed the infrastructure that was part of the bond disbursement and we will go through and do the final sigh-off for the property as a whole. Before any bond disbursements were done the developer forwarded their engineer's certifications of substantial completion and I think they had almost all of their final clearances at that time and that was several months ago.

On MOTION by Mr. Bell seconded by Ms. Cornelius with all in favor Resolution 2020-01 was approved.
SIXTH ORDER OF BUSINESS	Consideration of Agreement with Virgin
Trains USA Florida, LLC
Mr. Flint stated next is a proposed agreement from Virgin Trains USA Florida, LLC and I did hand out a revision from what was in your agenda; the only difference is they included some language that provided certain maintenance access on the north side of the pond. In the event you enter into the agreement and the modified plan is put into effect this language specifically gives us access where we need it to maintain what is ours on the other side of the pond.
Mr. d'Adesky stated the major easement that was granted to CFX in 2015 was for them to construct certain improvements. The difference here is that certain of their improvements might protrude at an angle, which would extend a little further than they previously had. Once again the majority of the easements were already approved and one thing important to note is that CFX is a government entity so if they literally need something they could also go through

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October 18, 2019	Randal Park CDD

the imminent domain process to get it. This is in no way approving anything beyond that particular slope easement. In terms of everything else going on within that easement that is all outside the CDD's authority, outside the CDD's control. Our only in�erest is as to that slope easement that they might be working on.
Mr. Hoffman stated for the resident's benefit I will explain a brief history of this. During the construction of Phase 5 the pond as it currently sits was already constructed in Randal Park. At that time CFX was starting their right of way acquisition process for a potential future rail project and they came in and decided that they needed a chunk of land that basically took up the entire northern boundary of the pond that extended to the 528 right of way. The pond was already constructed and as Andrew mentioned CFX could go through the condemnation process and prior to that a settlement was reached where the property that they intended to acquire was conveyed to CFX so before that pond was certified complete, before Phase 5 was platted, before anything was·conveyed to the CDD, CFX already owned right of way over the entire northern pond boundary. The agreement between CFX and the developer was that CFX would take that as is. Their concept was that they would be coming through with some kind of rail lines and they would have to modify the pond in order to construct rail lines and there was already a pond there. They would be responsible for all the construction, whatever they needed to do the CDD had nothing to do with the design, the permitting or anything and they really have no authority to dictate that but CFX would be responsible for that cost. As part of the obligations of that agreement the developer with some participation from the CDD as the O&M entity for that pond had to process a permit revision with the South Florida Water Management District that revised the permitted pond limits from the original design, which was actually constructed, to a smaller footprint that would fit entirely within the property that is currently owned by the CDD. That revision was approved in 2018 so the permitted pond design actually shows the required pond would be entirely within the CDD tract just a portion of the pond extends outside of the CDD tract. My recollection at that time the CDD got a maintenance easement to allow us to maintain the portion of the pond that is outside of there and CFX also had an easement that extended over a portion of the pond so that when they came in to build their proposed construction, which at the time they contemplated a large retaining wall they would be able to do so. This cross section and details that were designed by the CFX team and their Engineer's plan to modify the pond was to construct a large retaining wall right through the pond so it would like a seawall if you stared

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October 18, 2019	Randal Park CDD

across the pond. That was the extent, they had no further obligations to the District or anybody else, again, they are a governmental entity, they are going to come through, they are going to build their railroad. As currently permitted they could build that section and the residents would be starting at a wall so you would look across water and see a wall, we have no control over that, it would be entirely on their property just on their side of the property line. The COD would have no control over aesthetics, colors, how long it is maintained, how frequently it is maintained and so forth.
Several months ago the railway project under Brightline now is Virgin Trains project, approached the COD and said they wanted to look at some cost saving measures to avoid building that wall. That wall doesn't only extend above the pond, but it would have to go about 30 feet down below water surface all the way to ground in order to build that. This was millions and millions of dollars. As a cost saving measure they have what is still a very expensive construction option but it was a little better for them, instead of building that wall they wanted to place fill below the waterline and build the slope back up so that they could avoid having a 30 - 40 foot tall retaining wall. We met with them originally Keith Trace when he was District Chair and more recently Mr. Bell as the current Chair and they inquired about the liability of that, could the pond be modified and so forth. Really, what they are proposing to do to the pond is a very small change from the stormwater perspective because the permitted design was already the ultimate shrunk down pond so they are just changing the edge conditions from the wall to a slope. The cross section their engineers provided shows a slope all the way back up so if you are a resident on the lots adjacent to that pond now instead of staring at a seawall if this agreement was enacted by the COD, you would have a green perimeter on the other side and a slope up to their railway project. The other thing through these discussions that the COD requested and that Virgin Trains has agreed to was to install a sound wall between their tracks and the residents to mitigate sound impacts. The current agreements that allow them to build a retaining wall through that pond, build their tracks, don't have any requirements for that there is no obligation to do that. As part of the consideration to the District for allowing the slope easement and allowing the modification of the construction for their infrastructure they have agreed to install a sound wall along the entire frontage across that pond tract. Instead of a big seawall and staring at trains you will have a slope on the other side of the pond that matches the slope you have around the rest of the pond that will be maintainable, it can be mowed, it will be green and that

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October 18, 2019	Randal Park CDD

will come up to a sound wall. Their cross section calls it out and to clarify the standard practice for a railway sound wall extends five feet above the track level. The cross section in the agenda has the tracks, a little cut to a maintenance road and then the wall comes up so we don't have the actual height of the wall but it notes that it will be five feet above the tracks. What that does is cover up the wheels and the tracks and that is where all the noise comes from, from trains the screeching and whatever. You would still see the tops of the train cars that are coming through, these aren't freight trains these are passenger trains. I would imagine similar to what you would see like a SunRail or so forth, aesthetically pleasing passenger train but the wall will cover up the tracks and the wheels to attenuate the noise and provide a benefit to the residents by mitigating that sound at the right ofway line. The cross section they are building through there is a little bit elevated, marginally higher than 528 so this wall will not only hide the train and the future project coming through but would also serve to shield visually and from a noise standpoint all the vehicular traffic on 528 from the residents. In our discussions with the Virgin Train folks and with the Board represented there we felt this was a good benefit to the residents, much more beneficial than the current situation and they have prepared documents and sent over agreements for the Board to review.
Mr. d'Adesky stated they have no duty to build that .sound wall but that is the benefit
conveyed through the agreement as well as the more aesthetically pleasing design.
Mr. Hoffman stated not just aesthetically pleasing but it is a maintainable slope that the District would be able to easily maintain. It would be just like the standard pond maintenance you can mow the slopes and control it. If it is a seawall right to the water the District would have to have a company come with a boat and be pressure washing and treating algae and painting. This is a much cheaper and much more standard, much more maintainable implementation.
Ms. Steuck asked how long will this wall be?
Mr. Hoffman stated through our discussions they had represented they would go the limits of the pond, basically where it hits the tract but what we suggested was for them to provide an exhibit that depicts the limits, which would be standard, I don't think they will change the intent. Right now the exhibit has a cross section that shows where it would be. I will say they are responsible for the design of their grading and it is undetermined exactly where that pond contour will fall within their site so it may be subject to change but at least graphically to say the

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October 18, 2019	Randal Park CDD

wall would be generally here and extend from this end to this end would provide good documentation for the District.
Mr. d'Adesky asked would the language, the length of the pond describe that accurately?
I'm suggesting that in addition to the design change to also modify the body of the easement.
Mr. Flint stated I would like to see a map if they can. I don't know how far along they are on their design.
Mr. Hoffman stated they should be able to do an exhibit.
Mr. Flint stated either make it part ofexhibit A or make a new exhibit.
Mr. Hoffman stated I think they should amend the language to say along the length and clarify the intent and supplement that with an exhibit; here is the area we will be modifying the pond and we will do from this boundary to this side sound wall. From the discussions it would basically be the pond tract, after the pond tract the conservation area from the District's side just up to there so the District isn't responsible for any of their wetland impacts or anything that they may be doing but basically the train would disappear behind the tree line and the wall would terminate around the end ofthe pond tract.
Ms. Steuck asked do we know how far back the wall is going to be from the edge of the
pond?
Mr. Hoffman stated that is in the cross section. The pond water surface is about elevation
80 on their drawing and the wall would be about 40 feet back from the water surface so they would have to carry that same cross section of the pond with the 5 - 1 slope as it was designed, carry a 5-foot wide basic berm a 10 - 1 around and that would be the actual pond then from there it would be landscaped sodded slope up to the limits of their improvements, but it appears to be about 40 feet off the water surface is how far back that wall would be set and the base of the wall as currently shown on this sketch from them is about ten feet above the pond so you have grass slope up , 40 feet, ten feet up and then the sound wall will start from there. This wouldn't look too dissimilar to a perimeter wall that you may find in some developments where you have the wall on the outside maybe behind the pond, you will have the train and 528 on the other side but you already have the 528, which is visible from that pond.
Ms. Steuck asked can we request that they put in a tree line to match what is over here to go in front of the wall since it sounds like there would be room for that to add some additional sound and visual barrier?

October 18, 2019	Randal Park CDD

Mr. Hoffman stated that would be a decision for the Board in their review of this agreement. There is no engineering reason but that would be out of my purview.
Mr. d'Adesky stated potentially have an easement to maintain both sides of the pond so we have an easement to maintain the far side of the pond as well.
Mr. Flint stated it is our property.
Mr. d'Adesky stated if within that easement we were allowed to landscape the far bank then we could add whatever landscaping we want.
Mr. Flint stated I think what she is asking is contingent upon approval could there be an
ask.
Ms. Steuck stated for Virgin Trains to pay but nothing that needs to be maintained by the
CDD or pine trees.
Mr. Hoffman stated pine trees don't provide a very good visual buffer for the wall.
Mr. Flint stated I don't know that the buffer is so you don't see the wall I think the buffer is so you don't see what is above the wall. That is what you are looking for.
Ms. Steuck stated both.
Mr. d'Adesky stated you can ask.
Mr. Hoffman stated I suggest the Board clarify what they would like to see before you ask. I think that would help their review on that end. Would the intent be to provide additional screening?
Ms. Steuck stated to provide additional screening of the train.
Mr. Flint stated I don't think we want a maintained buffer. I think what you are looking at is sort of a natural buffer.
Ms. Steuck stated yes, nothing to add any extra maintenance.
Mr. Flint stated that would be consistent with the areas that are to the east and west.
Mr. Hoffman stated just to point out their current section, Virgin Trains has leased or acquired an agreement with CFX for only a portion of their right of way and it is the portion that is closest to 528 so they are coming in and building this project, there still is additional CFX property that right now their cross section indicates that the pond based on the fill they need would still extend across the property line just much less than it currently does. If there was a bunch of landscaping installed there at some point if CFX came through with any other type project that could be impacted and come back out at which point the room on CDD property

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October 18, 2019	Randal Park CDD

would be enough for the pond bank itself but there wouldn't be another 40-foot landscape buffer or something like that. Now there is no contemplated projects that we are aware of it is just to point out that this current construction is only utilizing the northern half of the CFX property.
Ms. Steuck stated if they are agreeing to build a wall, I can't imagine in five years they are going to take that wall down and move it.
Mr. d'Adesky stated what he is saying is that it is within the Central Florida Expressway easement and some other project not the train, it could be light rail or something might come up in the future. That is technically within their easement so they might decide to use that property for some other transportation form.
Mr. Flint stated it is not unusual especially for government entities to reserve the right to come back in and remove whatever.
Mr. Hoffman stated if that did happen and they took that out for some other different project along that alignment, which they would be legally allowed to do there wouldn't be enough room for the stormwater pond, it has been shrunk down a lot and it will fit within the CDD property but there is not going to be another 40 feet there in perpetuity. Do you want to delegate authority to District Counsel and/or the Chair to continue those discussions?
Mr. d' Adesky stated you don't need to do that. Only if you are going to approve it you need to delegate authority.
Ms. Steuck asked can we wait until next month?
Mr. d' Adesky stated it is probably going to take that long to have the conversation in the first place. Leaving it until the next meeting would be fair.
Mr. Flint stated I think the message that should be relayed is that the Board likes the modified design, however you would like to see an additional improvement. I don't think you are looking at expensive landscaping you are looking at something more than a pine sapling and less than an oak tree.
Ms. Steuck asked do you know what would be a good option? That way when you go back to talk to them you could ask specifically.
Mr. Lathan stated pines or wax myrtles, but wax myrtles would need some water. Ms. Cornelius stated they can say no.
Mr. Flint stated they have to be careful about setting a precedent. Railways go through and do what they are going to do and ask questions later.

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October 18, 2019	Randal Park CDD

Ms. Steuck stated they are saving a lot of money with this design change. If the CDD doesn't have a say in it why are they asking about the design change?
Mr. Hoffman stated right now they need to modify that slope easement to be able to construct through the bottom of the pond. Also the District would be the sign-off as the O&M entity for that pond and the owner of that tract or any work that occurs on that parcel. If someone came in the future I don't know for a fact that they wouldn't be able to acquire the proper permits to modify things with the pond without having to go through the District. While they look at this as a cost savings for this one line item on this project and this is the lesser proposition but they could potentially look at it and say by doing that landscaping that could set a precedent that puts us in the millions of dollars of landscaping down the entire corridor and they may be disinclined to do that.
SEVENTH ORDER OF BUSINESS	Staff Reports
Attorney
There being none, the next item followed.

Manager
Approval of Check Register
Mr. Flint presented the check register from September 23, 2019 through October 10, 2019 in the amount of$175,243.89.

On MOTION by Ms. Cornelius seconded by Mr. Bell with all in favor the check register was approved.
Balance Sheet and Income Statement
A copy of the balance sheet and income statement were included in the agenda package.

Field Manager's Report
Mr. Viasalyers stated at the last meeting the Board approved the pool landscape improvement that has been completed with the exception of some of the mulch for the common areas that were already existing and that should be done by the end of the month or the first part of November. The annual Fakahatchee grass cutback has been started as well and that should be completed within the next week. The treadmill will be installed by the end of the month.

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October 18, 2019	Randal Park CDD

The gym equipment is aging and is at a point where repairing some of the equipment is no longer an option. We did bring some proposals for ellipticals to replace them.
Mr. Flint stated you have capital reserve funds to pay for these types of expenses. I know the fitness room gets a lot of use, so it is probably a priority to make sure the equipment is functional.
Ms. Steuck asked because you are ordering two treadmills would they waive the install and freight?
Mr. Viasalyers responded we can check with them.
Mr. Flint stated they are probably going to be making two trips because you might hold up the treadmill. That may be the only way to save money on the install fee is them doing it all at once, otherwise probably not. These prices are competitive.

On MOTION by Ms. Cornelius seconded by Ms. Steuck with all in favor the proposal from Free Motion for the purchase of two ellipticals was approved.

Ms. Calleja gave an overview of the amenity center activities and stated a resident wanted to know if we could have solar lights around the pond.
Mr. Flint stated we looked into that five or six years ago and that trail goes up against the conservation area and at that time the Board did not want to encourage use of the trail after dark by lighting it.
Ms. Steuck stated I feel that would be expensive to go around the entire lake, you would have to have solar lights and they don't produce much light and you would have to put them pretty close together.
Mr. Hoffman stated if you don't put them close enough there are going to be liability issues of a perceived lit path that doesn't adequately light the path.
Mr. Flint stated then you get a trip and fall. We have been sued in other districts where a streetlight was out and someone tripped over a curb and the streetlight was a lease with Duke or OUC so you may be opening yourself to liability.
A resident asked what happened with the alternative solution for delineators?
Mr. Hoffman stated at the last meeting we said we would quickly investigate any alternatives; we didn't want to drag the process out with the City willing to do things. We met with our traffic engineering staff that afternoon and looked at a few of their alternatives but none

14

October 18, 2019	Randal Park COD

of them got rid of the vertical component of those delineator posts. Our recommendation was to proceed as the City has directed.
EIGHTH ORDER OF BUSINESS	Supervisor's Requests
There being none, the next item followed.

NINTH ORDER OF BUSINESS	Other Business
There being none, the next item followed.

TENTH ORDER OF BUSINESS	Next Meeting Date
Mr. Flint stated the next meeting date is November 15, 2019 at 9:30 a.m.

ELEVENTH ORDER OF BUSINESS	Adjournment

On MOTION by Ms. Cornelius seconded by Mr. Bell with all in favor the meeting adjourned at 10:41 a.m.

Secretary/Assistant Secretary	Chairman/Vice Chairman

15

.·	SECTION ·

RESOLUTION 2020-02
A RESOLUTION AMENDING THE RANDAL PARK COMMUNITY DEVELOPMENT DISTRICT GENERAL FUND BUDGET FOR FISCAL YEAR 2019

WHEREAS, the Board of Supervisors, hereinafter referred to as the "Board", of the Randal Park Community Development District, hereinafter referred to as the "District", adopted a General Fund Budget for the Fiscal Year 2019, and

WHEREAS, the Board desires to amend the budgeted revenues and expenditures approved for Fiscal Year 2019.
NOW, THEREFORE BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE RANDA� PARK COMMUNITY DEVELOPMENT DISTRICT THE FOLLOWING;

The General Fund Budget for Fiscal Year 2019 is hereby amended in accordance with Exhibit "A" attached.

This resolution shall become effective this 15th day of November, 2019 and be reflected in the monthly and Fiscal Year End 9/30/2019 Financial Statements and Audit Report of the District.

Adopted this 15th day of November, 2018.

ChairmanNice Chairman

Secretary/Assistant Secretary

•	•	•	•	•	•

Ra nda l Pa rk
Community Development District

Amended Budget FY 2019

•	•	•	•	•	•	•	•	•	•	•	•	•	•	•

Ta ble of Contents

 	General Fund

Randal Park

Community Development District
Amended Budget FY 2019 General Fund

Adopted		Amended	Actuals Budget	Increase/		Budget		as of

Revenues

Description	FY2019	Decrease	FY2019	9/30/19

CoSpecloniaial lAssessmProperteiesntsContribution

$7$5946,617360	$($184,76821 )

$$84159,,461141	$8$4159,461141

SMhiscadeellaPnroeojecust RCeovnetrniubeutions

$1,00$0

$$36,,5100

$$376,,5100

$$376,,610603

carry Forward Surplus	$71,641	$74,413	$146,054	$320,698	
!Total Revenues		1135,231		11,248,023 I	
Expeodibn:es
Arfministrative					

ARcetnivtaitlsies

$7,,000

($6,,000)

$1$35,,000	$$135,25808

!937,448

it,072,679

SFIuCApervExisopernFeesse

$6$,040590	$$20105	$6$,420740	$6$,420740

ATrnunstueael AFueesdit

$8,,000	$0	$84,000	$8,000

$4,779

DArissebitramgineation Agent

$1,2000

$2,62$50	$1,20250

$9$,60250

AEtntgoirnneeeyring

$20,000	$0	$20,000	$12,377

AssManessagmemenetnAt Fdemesinistration

$3$95,39003	$0	$3$95,,039003	$$359,30903

TInefloermphaotinoen Technology	$1$,0100	$0	$1$,0100	$1,$04008
IPnossutraagnece	$5,500	$0	$51,500	$4,,294208

Property Taxes

rt Appraiser

PLegrinatlinAdg v&erBtiinsidnigng OthOffiecer CSuurrpepnlitesCharges
Dues, Licenses & Subscriptions
Total Administrative
Maintenance
Caotract services·

$21,,S5O0O0	$$101,,50000	$$123,,0500	$$121,,049380

$797

$2050	$0	$23500	$ 15141 

$175 	$175 

$2050	$0	$2500	$241

1114,927

:!!14,340	1129,268	p12,769

ARmeiednMityanMaagneagmeenmtent	$762,,870803

$0	$726,70803

$762,70803

WPoetollaAnttdeMndaainnttsenance

$$189,600	($9,600)

$18,000	$17,86$20

1  MLaitnidgscatiaopneMMoaninitoterninangce	$28$2,,5S0O4O	($2,50$0)

$282,S0$40

$282,S0$40

PJaonoitloMriaailnSteenrvainccese	$151,3030	$0	$151,,30300	$148,934101

PLaesket CMoanintrotelnance SHecVAuCritMyaPinatetronal nce

$81,1400	$0	$1,,91400	$81,,91400
$30$,057040	$0	$30,000	$28,87$70

Randal Park

Community Development District
Amended Budget FY 2019 General Fund
Adopted		Amended	Actuals Budget	Increase/		Budget		as of
Description	FY2019	Deaease	FY2019	9/30/19

Facilities Maintenance	$29,120	$0	$29,120	$25,988	
Repairs & Maintenance	$15,000	$0	$15,000	$1 1,200	
Operating Supplies	$5,000	$5,000	$1 0,000	$8,603	
Landscape Replacement	$10,000	$0	$ 10,000	$5,633	
Pool Repairs & Maintenance	$5,000	$3,000	$8,000	$6,644	
Inigation Repairs	$8,000	$4,000	$12,000	$10,615	
Alley Maintenance	$1,500	$500	$2,000	$1,160	
Stormwater Repairs & Maintenance	$1,500	$0	$1,500	$0	
Fountain Maintenance	$3,500		$3,500	$1,900	
Fitness Repairs & Maintenance	$2,000	$3,000	$5,000		
Sign Maintenance	$1,000	($500)	$500	$251	
Pressure Washing	$10,000	($2,000)	$8,000	$8,000	
.utilitiesUtilities - Common Area	
$30,000	
$0	
$30,000	
$25,206	
Utilities - Amenity Center	$22,000	$0	$22,000	$20,518	
Refuse Service	$2,400	$200	$2,600	$2,466	
Streetlighting	$98,769	$1 1,231	$110,000	$107,089	
Amenity tenter					
Property Insurance	$31,000	$0	$31,000	$28,372	
Pool Permit	$550	$0	$550	$505	
cable TV/Internet/Telephone	$4,000	$0	$4,000	$3,255	
Amenity center Access cards	$1,000	$0	$1,000	$0	
Special Events	$15,000	$0	$15,000	$12,533	
Holiday Decorations	$4,000	$10	$4,010	$4,009	
Security Monitoring	$600	$0	$600	$420	
Contingency	$10,000	$10,000	$20,000	$16,516	
Shade Project Expenses	$0	$51 ,000	$51,000	$50,862	
Transfer Out - capital Reserve	$32,450	$47,550	$80,000	$80,000	
Total Maintenance	1822,520	1120,891		i897,712	
Total �enditures	!937,448	11 35,231	il,0721679	i1,010,481	
Excess Revenuest(Ex!!endltures}	,i0l	io	:£0	!237,542	

Repairs &Malntenanr;e

$3,849

1943,411

2

SECTION VI

Prepared by and return to: Ambarina A. Perez
Florida East Coast Industries LLC 700 NW I 51 Avenue, Suite 1620
Miami, Florida 33 1 36

AGREEMENT

This Agreement ("Agreement") is entered into this __ day of 	, 2019 ("Effective Date") , by and between Virgin Trains USA Florida LLC, a Delaware limited liability company (f/k/a Brightline Trains LLC, f/k/a All Aboard Florida - Operations LLC ("VT"), and Randal Park Community Development District ("Randal Park COD"). VT and Randal Park COD are each referred to herein as a "Party" and collectively, as the "Parties").

RECITALS:

Pursuant to that certain Central Florida Expressway Authority Rail Line Easement dated November 30, 201 5, recorded December 1, 201 5, Document # 201 50620722, Book 11 020, Page 4646, of the Public Records of Orange County, Florida (as amended and/or supplemented from time to time the "Rail Line Easement"), Central Florida Expressway Authority, a body corporate and politic existing pursuant to Chapter 348, Florida Statutes ("CFX") gra nted to VT certain easement rights on, over, under, through and across certain lands for the purpose of constructing and operating an intercity passenger railroad (the "VT Railroad Proiect").

Randal Park COD, by virtue of that certain Special Warranty Deed recorded April 24, 201 7, Document # 201 70224780, of the Public Records of Orange County, Florida, is the owner of the real property in Orange County, Florida, which is located at or adjacent to the VT Railroad Project, and which is more particularly described in Exhibit A attached hereto and made a part hereof ("Randal Park COD Property").

A portion of the Randal Park COD Property is burdened by that certain Temporary Construction Easement dated May 29, 201 5, recorded            , Document # ___, Book          , Page _, of the Public Records of Orange County, Florida ("TCE") whereby Mattamy (Jacksonville) Partnership, a Florida General Partnership , as grantor, granted to CFX, as grantee, a non-exclusive temporary construction easement over the Temporary Construction Easement Area (as defined in the TCE) for the benefit of CFX, CFX's successors and assigns, and their respective employees, agents, contractors, subcontractors, independent contractors and licensees, to access and construct the Project (as defined in the TCE), which includes, without limitation, the VT Railroad Project, subject to the terms and conditions of the TCE. 

VT has preliminarily determined that a design change of an aspect of the VT Railroad Project adjacent to the Randal Park COD Property may result in a reduction of its project costs and wishes to agree with Randal Park COD on the terms and conditions by which VT can

continue to study and confirm the cost savings and ultimately pursue the design change of the VT Railroad Project.

Subject to the terms and conditions of this Agreement, Randal Park CDD is willing to agree to the design change of the VT Railroad Project.

NOW THEREFORE, in consideration of Ten and No/1 00 Dollars ($1 0.00) and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, Randal Park CDD and VT hereby agree as follows:
As used herein, "Conditions Precedent" shall mean: (i) CFX (A) approving the Design Change (as hereinafter defined), (B) agreeing to enter into the Slope Easement (as hereinafter defined), and (C) issuing the Maintenance Permit (as hereinafter Gefi.Redefined); and
(ii) VT determining in its sole discretion that (A) implementing the Design Change, including, without limitation, all design and permitting costs for the First Stage Embankment (as hereinafter defined) and the Second Stage Embankment (as hereinafter defined), (B) the construction costs of the First Stage Embankment, (C) all costs associated with making modifications to the existing stormwater control structu re on the Randal Park CDD Property necessary to meet the permitting requirements for the Two-Stage Earthen Fill Embankment (as hereinafter d efined); and (D) the design, permitting and construction costs of building a sound wall in accordance with CFX design standards, will result in a sufficient cost reduction of the VT Railroad Project.

Subject to satisfaction of the Conditions Precedent, VT and Randal Park CDD agree to change the design ofthe VT Railroad Project adjacent to the Randal Park CDD Property by substituting a two-stage earthen fill embankment ("Two-Stage Earthen Fill Embankment") for a large MSE wall near the Randal Park CDD Property as more partioularly showmmd a landscape buffer along the right-of-way for additional screening, all 'as more particularly shown {includi ng, without limitation, the limits of the sound wall and landscape buffer type and location) on the preliminary plan attached hereto as Exhibit "B" and made a part hereof (the "Design Change"); provided, however, that (i) Randal Park CDD will, at no cost to VT or CFX, (A) grant to CFX a perpetual slope easement (the "Slope Easement") over the portion of the Randal Park CDD Property identified in the Design Change (the "Slope Easement Area") for the construction, installation, use, operation, maintenance, repair and improvement of the Two- Stage Earthen Fill Embankment, including, without limitation, for the construction, installation, use, operation, maintenance, repair and improvement by VT of the First Stage Embankment, consistent with and to the extent of its rights and obligations in the Rail Line Easement with respect to the Southern Slope Property (as defined in the Rail Line Easement), and the construction, installation, use, operation, maintenance, repair and improvement by CFX (its successors or assigns) of the Second Stage Embankment, consistent with and to the extent of its rights and obligations in the Rail Line Easement with respect to the Southern Slope Property; and (B) grant to CFX (including its successors or assigns) a temporary construction easement over a portion of the Randall Park CDD Property (the "Second TCE"), substantially similar to the TCE, for the construction, in the future, by CFX (its successors or assigns) of the Second Stage Embankment in the Slope Easement Area, in the event CFX chooses to construct any future lntermodal Rail Improvements (as defined in the Rail Line Easement) or other proposed future uses on CFX's land which do not interfere with VT's Intercity Passenger Rail Service (as defined in the Rail Line Easement); and
(ii) CFX provides to Randal Park CDD a non-exclusive temporary right of entry permit (the "Maintenance Permit") to enter the Maintenance Area (as hereinafter defined) for the purpose of maintaining the Maintenance Area. As used herein, "Maintenance Area" shall mean the area from the back of the sound wall to the limited access right of way line (as shown in the Design

Change). Randal Park CDD agrees to use commercially reasonable, good faith efforts to agree to terms with CFX and execute the Slope Easement and the Second TCE and the Maintenance Permit within 90 days of the satisfaction of Conditions Precedent. Upon satisfaction of the Conditions Precedent, VT shall, at its sole cost and expense, cause a sketch and legal description for the Slope Easement Area, the Maintenance Area, and for the temporary construction easement for the Second TCE to be prepared by a Florida licensed surveyor.
Subject to satisfaction of the Conditions Precedent, VT, at its sole cost and expense, shall (i) design and permit the Two-Stage Earthen Fill Embankment, including, without limitation, the interim configuration of the earthen fill embankment for the Slope Easement Area ("First Stage Embankment") and the ultimate configuration of the earthen fill embankment for the Slope Easement Area (the "Second Stage Embankment"); (ii) construct the First Stage Embankment; (iii) modify the existing stormwater control structure on the Randal Park CDD Property as necessary to meet the permitting requirements for the Two-Stage Earthen Fill Embankment; and (iv) design, permit and construct a sound wall, as shown in the Design Change, and which meets CFX design standards.

VT shall notify Randal Park CDD in writing if the Conditions Precedent are satisfied; provided, however, that in the event the Conditions Precedent are not satisfied on or before 1 80 days following the execution of this Agreement, the Design Change shall be abandoned by VT and the parties shall have no further obligations under this Agreement.

Any notice or other communication ("Notice") required or permitted under this Agreement shall be in writing and either delivered personally or sent by overnight delivery, express mail, or certified or registered mail, postage prepaid, return receipt req uested.
Each Notice shall be addressed as follows: If sent to Randal

Park CDD, to:

If sent to VT, to:

With a copy to:

Clo Governmental Management Services Central Florida LLC
35 W. Central Boulevard, Su ite 320
Orlando, Florida 32801 -2435

Virgin Trains  USA  Florida  LLC 1 0705 Jeff Fuqua Blvd., Su ite 41 14 
Orlando, Florida 32827 Attention: Scott Gammon

Virgin Trains USA Florida LLC 161 NW 6th Street, Suite 900
Miami, Florida 331 36 Attention: General Counsel

A Notice sent by overnight delivery or express mail shall be deemed given twenty-four
(24) hours after having been sent, if delivery is confirmed by the carrier. A Notice that is sent by certified mail or reg istered mail shall be deemed given forty-eight (48) hours after it is mailed, if delivery is confirmed by the carrier. If any time period in this Agreement commences upon the delivery of Notice to any one or more Parties, the time period shall commence only when all of

the required Notices have been deemed given. A Party may designate, by Notice to the other, substitute addressees, or addresses for Notices. Thereafter, Notices will be directed to those substitute addresses or addresses.
No Party may assign, encumber or otherwise transfer this Agreement to any other person or entity without the prior written consent of the other Parties, which consent will not be unreasonably withheld, conditioned or delayed, provided that VT has the right, without Randal Park CDD's consent, but with prior written notice to Randal Park CDD, to assign or otherwise transfer this Agreement to (a) any entity controlling, controlled by or under common control with VT; (b) any entity acquiring substantially all of the assets of VT; or (c) any successor entity in a merger or consolidation involving VT. Any assignee is subject to the terms of this Agreement. This Agreement and the Parties' respective rights and obligations under this Agreement are binding upon and inure to the benefit of the Parties hereto and each of their respective permitted successors and assigns.
It is the intention of the Parties hereto that the rights and obligations herein established shall run with the Randal Park CDD Property, and shall bind the owner of the Randal Park CDD Property and its successors, assigns and mortgagees.

This Agreement constitutes the entire and final agreement and understanding between VT and Randal Park CDD regarding the implementation of the Design Change. The Recitals and the Exhibits referred to herein are integral parts hereof and are hereby made a part of this Agreement. This Agreement may only be modified or supplemented by an instrument in writing executed by a duly authorized representative of each Party.

The relationship between the Parties is not that of partners, agents, fiduciaries, or joint venturers and nothing contained in this Agreement constitutes a partnership or agency agreement between them for any purposes, including but not limited to federal income tax purposes.

The language in all parts of this Agreement will in all cases be construed simply, as a whole and in accordance with its fair meaning and not strictly for or against any Party. The Parties hereto acknowledge and agree that this Agreement was carefully negotiated as an arm's length transaction, that each Party was given the opportunity to independently review this Agreement with legal counsel, and that each Party has the requisite experience and sophistication to understand, interpret, and agree to the particular language ofthe provisions hereof. Accordingly, any rule that ambiguity is to be interpreted or construed against the Party preparing an agreement shall not apply.

If any term or provision of this Agreement is held by a court of competent jurisdiction to be invalid or unenforceable, the remainder of this Agreement shall not be affected thereby and each other term and provision of this Agreement shall remain valid and enforceable to the fullest extent permitted by law. It is the intention of the Parties to this Agreement, and the Parties hereto agree, that in lieu of each clause or provision of this Agreement that is illegal, invalid or unenforceable, the court will supply as a part of this Agreement an enforceable clause or provision as similar in terms to such illegal, invalid, or unenforceable clause or provision as may be possible.

Florida.

This Agreement will be interpreted and enforced under the laws of the State of

Any controversy or claim arising out of or in any way relating to this Agreement

which cannot be amicably settled without court action shall be litigated in a state or federal court located in the State of Florida.

This Agreement is not intended to and does not create any third-party beneficiary or authorize anyone not a party to this Agreement to maintain a suit or claim of any kind to enforce the terms and conditions hereof.

1 5. This Agreement may be executed in one or more counterparts, each of which shall be deemed to constitute an original, but all of which, when taken together, shall constitute one and the same instrument, with the same effect as if all of the Parties to this Agreement had executed the same counterpart. Any signature to this Agreement transmitted via facsimile or other electronic signature shall be deemed an original signature and be binding upon the Parties hereto (it being agreed that facsimile or other electronic signature shall have the same force and effect as an original signature).

The Parties covenant and agree, for themselves and their respective successors and assigns, to execute such other documents and take such further actions as may be reasonably requested by the other in order to carry out the provisions and spirit of this Agreement.

Waiver by any Party to this Agreement of any term, condition, or covenant of this Agreement does not constitute a waiver of any other term, condition or covenant and shall only be deemed to be effective if the same is in writing and executed by the Party whose right is being waived.  Waiver by any Party of any default under the provisions of this Agreement does  not constitute a waiver of any other provision or a waiver of any subsequent default or violation of any provision of this Agreement.

1 8. Each Party hereto represents to the other Parties hereto that such Party has the legal right, power and authority to enter into this Agreement.

19. In the event that a Party pursues legal action against another Party to enforce the terms of this Agreement, the prevailing Party shall be entitled to recover reasonable attorneys' fees and costs from the non-prevailing Party.
[signatures are on the following pages]

IN WITNESS WHEREOF, the Parties hereto have executed this Agreement as of the date first set forth above.

WITNESSES:

Print Name: Print Name:

VT:
VIRGIN TRAINS USA FLORIDA
LLC, a Delaware limited liability company

By:			 Name: 		_ Title: 			 
Date: _ 	_ 	

RANDAL PARK CDD:
RANDAL	PARK	COMMUNITY DEVELOPMENT DISTRICT

By: _	 	_ 	_	_
Print Name:	Name: 		__
Title: _ 	
Print Name:	Date: 		_

STATE OF FLORIDA
COUNTY OF __ 	

The foregoing	instrument was	acknowledged	before	me	this 	day  of
201 9,	by

of Virgin Trains USA Florida LLC, a Delaware limited liability company, on behalf of said limited liability company,	0	who	is	personally	known	to	me	or	□	who	has	produced
 	as identification.

Print Name: 	 Notary Public
(Notary Seal)	My Commission Expires: 	

STATE OF FLORIDA

COUNTY OF _	_

The foregoing	instrument was	acknowledged	before	me	this 	day  of
2019,	by

of Randal Park Community Development District, on behalf of said district, 0 who is personally known to me or O who has produced 	_ as identification.

Print Name:_

_

Notary Public
(Notary Seal)	My Commission Expires:__ 	

EXHIBIT "A"

Randal Park COD Property

Tract B-NV3, Randal Park - Phase 5 Plat, according to Plat Book 89, Page 66 of the Public Records of Orange County, Florida.

Property Record - 32-23-31-1 955-02-003

EXHIBIT "B"

Design Change ISee Attached]

�	S, 45J:ACH.SU.SHPINETREES
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MATTAMY POND TYPICAL SECTION

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SECTION Vl·I

Modem Security Systems
1384 Heritage Acres Blvd Suite A
Rockledge, FL 32955

Name / Address

GOVERNMENTAL MANAGEMENT SERVICES C/O RANDAL PARK CDD
9145 NARCOOSSEE RD. STE. A206
ORLANDO' FL 32827

Date

Estimate
Estimate #

8/30/2019	6455

Terms	Rep	Project

Due on receipt	FSR	RANDAL PARK

Qty	Description	Total	
1	16-CH 1080p HD-TVI Security Series DVR System W/NETWORK IP	1,800.00T	
2	3TB HARD DRIVE	300.00T	
12 	HD-TVI 1 080p HD Eyeball Camera w/ 24 IR LED	3,000.00T	
2	4.2 MP IP TURRET CAMERA 3.6M FIXED LENS	775.00T	
1	UBIQUITY WIRELESS REPEATER	495.00T	
	3 YEAR WARRANTY ON ALL EQUIPMENT		
1 YEAR WARRANTY ON ALL WORKMANSHIP

ESTIMATE IS GOOD FOR 30 DAYS	Sales Tax (0.0%}	$0.00	Total
3% CONVENIENCE CHARGE ADDED TO ALL CREDIT	Signature

$6,370.00

CARD CHARGES OVER $-500.00.

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

f	FINANCING AND LEASE OPTIONS AVAILABLE	�

Phone #	Fax #	E-mail	Web Site	
888-707-5590	401-463- 7777	info@GoModernSecurity.com	www. GoModemSecurity.com	

l�------V-IS-A--A-N-D-M--A-ST-E-R--C-A-R-D-A-C--C-E-PT-E-D 	�J

2750 Taylor Ave STE A7 Orlando, FL 32806
(321 )295-7834
www.hdcamerasusa.com

HDCAM ERASUSA
open platform security systems

749.95

Estimate		
ADDRESS		ESTIMATE # 2308		
Randal Park		DATE 09/1 9/2019 		
8730 Randal Park Blvd				
Orlando, Florida 32832				
United States				

ACTIVITY	

QTY	

RATE	

AMOUNT	
Office/Clubhouse Building
(New 1 6CH Coax and 1 6CH IP DVR/NVR and Replace 8 Existing Cameras on Office/Clubhouse plus addition of 1 New Camera on back entrance)				
DVR HDTVl16
-Hybrid DVR/NVR To work With Coaxial and IP Cameras

1 080P High Definition
-HDMI and VGA Output w/ sync-Real Time Playback
-Video Support; 1 080P,720P,960H & D1 
-RS-485 Serial interface for future PTZ and Alarm functions
-Triple Streaming for Live Display, Playback, and	1		749.95T	
Recording
-Support Mac System, Windows, Android and iPhone
-SATA HD devices 2 USB, RJ45 (1 0/1 00/1 000)
-High-End unit w/ Motion Detection by Zone,
Line Crossing
and Schedule recording Available
WD40PURX
4TB H.D WO Purple NV hard drives are	

1	

1 95.00	

1 95.00T	
designed for high temperature, always-on, surveillance security systems with support of up to 64 high definition cameras to ensure reliability and quality video play back when you need it most. - INSTALLED				
CAMHD-DOMEW5MP
ANTI-VANDAL-DOME WHITE COLOR TVI SMP
High Definition
1 /2.8" SMP SONY Exmor CMOS	9	1 65.99	1 ,493.91 T	

-1 6 CH HD-TVI  480fps @ 5MP and 4MP I

ACTIVITY	QTY	RATE	AMOUNT	
4 in 1 5MP Dome White 1 2Volts TVI, CVI, AHD or Analog @30fps, Weatherproof Outdoor IP66 Rating,
Special IR-Cut Long Range Night Vision 1 00 Feet
2.8mm Wide Angle Lens				
BNCCRIMP	16 	1 .50	24.00T	
Installation Labor
-Installation for Clubhouse/Office
-Includes all Labor and Man-Hours Required to Complete Removal of
old equipment and/or Installation of new equipment.
-Remake and make new BNC fitting terminations and install new 1 2V
DC Cord for power plugs and eliminate risk of future burned down
equipment by mixing negative and positive polarity.
-A one time Training is included on all equipment teaching the
customer how to do Search & Playback Functions and also how to view remotely on any device.		450.00	450.00	
Gym I Breezeway I Restrooms Structure new cameras)
IP Megapixel Wireless System				
CAMIP-DOME4MP
1 /3" progressive scan CMOS
Min. Illumination: Color: 0.1 Lux, 0 Lux IR 2.8mm lens @F1 .2. 18 LEDs IR (Up to 30m) True Day & Night (ICR Filter)
Electronic Automatic Shutter.
Up to 2592x1 520 pixels resolution (4 Megapixels)
Frame rate: 30 FPS @ 4 MP	8	1 87.50	1 ,500.00T	
Network and Storage Protocol: Onvif
Ethernet connection via RJ45. Dual Streaming
Network Storage: NAS. Supports POE (802.3af).				
JUNCTIONBOX	8	27.50	220.00T	
CAT61 000-STANDARD
23AWG CCA Conductor (Copper Clad		1 29.99	1 29.99T	

BNC Connector Crimp On RG59

(Replace 4 existing cameras plus addition of 4

Features:

Weatherproof Junction Box Service Loop

CAT6 4 Solid UTP Unshielded Twisted Pair Wire

QTY	RATE	AMOUNT	

285.50	

285.S0T	

2	

1 89.00	

378.00T	

750.00	

750.00	

ACTIVITY
Aluminum)
Voice and Data communications Gigabit Network Ready
FLUKE TESTED, CUSTOMER APPROVED. All
category cables meet or exceed ANSI TIA/EIA 568-C.2 standards, are RoHS compliant, and ETL listed.
SWITCH POE SP
08 Port Network PoE Switch, 802.3af Power over Ethernet, Rack-Mount
08 x 1 0/1 OOMbps/1 000 RJ-45 ports
RJ-45 Gigabit Ethernet Uplink Ports
2 SFP Gigabit Ethernet Fiber Optical Uplink Ports
Powers up to 08 POE Cameras
POE output of 250 watts (1 5.6 watts per port) 7.2Gbps Switching Capacity
LED's to provide status feedback
IEEE 802.3AF / AT Compliant + UL Listed CSMA/CD Compliant
Half Duplex / Full Duplex
Supports CAT-5/Se/6 up to 1 00 meters / 300 Feet
Rack-Mount compatible with standard racks Dimensions - 440mm x 270mm x 44mm
NanoBeam
High-Performance airMAX® Bridge TX and RX The NanoBeam can be mounted in
almost any position needed for line of sight. Networking Interface (1) 1 0/1 00 Ethernet Port Processor Specs Atheros MIPS 74Kc, 560 MHz Memory 64 MB DDR2, 8 MB Flash
LEDs (1) Power, (1 ) LAN, (4) WLAN
Signal Strength LEDs Software-Adjustable to Correspond to Custom RSSI Levels
Installation Labor
-Includes all Labor and Man-Hours Required to Complete Removal of
old equipment and/or Installation of new equipment.
-Remake and make new RJ45 fitting terminations and install new 1 2V
DC Cord for power plugs and eliminate risk of future burned down
equipment by mixing negative and positive polarity.
-Structured Wiring on entire job site, Drilling and wall perforation.
-Mounting of all CCTV cameras, Crimping all connectors, Adjusting
cameras and DVR Time, Date and Motion Zones
-A one time Training is included on all equipment teaching the
customer how to do Search & Playback

ACTIVITY	QTY	RATE	AMOUNT	
Functions and also how to view remotely on any device.				
Internet Set-Up
Hourly Rate @ $1 50
IT to open router ports and forward IP addresses.
If customer has no static IP, create DDNS Set­	2	1 50.00	300.00	
Remote view by lphone, Android, MAc and Windows PC				

Network View Set-Up by IT Technician

Tax on Material Only	SUBTOTAL	6,476.35	
	TAX	323.46	
	TOTAL	$6,799.81	

Accepted By	Accepted Date

SECTION VI 1 1

1!t

L A N D S C A P E

YELLOWSTONE

Proposal #35714
Date: 11 /07/2019 From: Lathan Smith

Proposal For

GMS-CF, LLC
9145 Narcoossee Rd Suite A-206
Orlando, FL 32827

Property Name: Randal Park CDD Playground Mulching

main: mobile:

Location

Randall Park Blvd
Orlando, FL 32832

Terms: Net 30

DESCRIPTION

Playground Mulch
ADA Certified Playground Mulch Client Notes
Mulch Lovett and Burrows Playground to 5" approx 14 cubic yards

QUANTITY	UNIT PRICE	AMOUNT

25.00	$48.64	$1 ,21 5.88

Mulch Gamemaster and Cadman Playground filling in low area around Merry go round and only top dressing the rest of the area. Total to be used is approx. 11 cubic yards.

	SUBTOTAL	$1 ,21 5.88	
Signature	SALES TAX	$0.00	
X	TOTAL	$1 ,21 5.88	
Signature above authorizes Yellowstone Landscape to perform work as described	above and verifies	that the prices and	

specifica'tions are hereby accepted. All overdue balances will be charge a 1.5% a month, 18% annual percentage rate.
Limited Warranty: All plant material is under a limited warranty for one year. Transplanted plant material and/or plant material that dies due to conditions out of Yellowstone Landscape's control (i.e. Acts of God, vandalism, inadequate irrigation due to water restrictions, etc.) shall not be Included In the warranty.

Yellowstone Landscape I www.yellowstonelandscape.com I 386-437-621 1	Page 1 of 2

SECTION	IX 

NON-AD VALOREM ASSESSMENT ADMINISTRATION AGREEMENT

An AGREEMENT mad e this 21 st day of October, 2019 between RICK SINGH, CFA, as Orange County Property Appraiser (Property Appraiser) and Randal Park CDD, (Taxing Authority), and is effective upon acceptance by both parties and through September 30, 2020.

1 . The Taxing Authority desires to use the services of theProperty Appraiser to maintain non-ad valorem assessments on the tax roll and the Property Appraiser is prepared to do so, on behalf of the Taxing Authority. Each party represents that it has satisfied all conditions necessary to enter into this agreement.

The Property Appraiser agrees to perform the following service for the Taxing Authority:

Create a Non-Ad Valorem Assessment Roll for the Taxing Authority for the 20 19 tax roll year using data provided annually to the Property Appraiser's Office by the Taxing Authority per attached Calendar For Implementation Of Non-Ad Valorem Assessment Roll.

Provide the Taxing Authority with a data file in a compatible format on or before April 1, containing all parcels within the boundaries of the Taxing Authority to be used for the Taxing Authority's planning purposes in establishing its non-ad valorem assessments. Provide subsequent files or reports at request of the Taxing Authority.

Receive from the Taxing Authority its proposed or adopted non-ad valorem assessment levy for each type of property and extend that amount against each parcel of real property as stipulated by Taxing Authority.

Include the Taxing Authority's non-ad valorem assessments on the Notice Of Proposed Property Taxes And Proposed or Adopted Non-Ad Valorem Assessments mailed to all property owners in August of each year.

Receive from the Taxing Authority, corrections or changes to the roll and update the Non-Ad Valorem Assessment Roll for tax bills on or before September 15 of each year, the statutory deadline for certification of non-ad valorem assessments.

Deliver the Taxing Authority's Non-Ad Valorem Assessment Roll to the Orange County Tax Collector's Office so that tax bills mailed on or about November 1 will include the Taxing Authority's non-ad valorem assessment levies.

Taxing Authority agrees to perform the following acts in connection with this agreement:

Advise the property owners within the Taxing Authority in  an  appropriate and lawful manner of the Taxing Authority's intention to utilize the Uniform non-ad valorem assessment method described in Sections 1 97.3631 through 197.3635, Florida Statutes" and carry out its responsibilities under said sections.

Timely provide the Property Appraiser with information required to prepare the Uniform Non-Ad Valorem Assessment Roll per the Calendar For Implementation Of Non-Ad Valorem Assessment Roll.

Advise the property owners within the Taxing Authority as appropriate that the Property Appraiser's office is acting in a ministerial capacity for the Taxing Authority in connection with the non-ad valorem assessments.

Preparation and delivery of certificate of corrections directly to Tax Collector, with copy to Property Appraiser, for any corrections to a certified final tax roll.

The Taxing Authority shall use its best efforts in furnishing the Property Appraiser with up­ to-date data concerning its boundaries, proposed assessments and other information as requested from time to time by the Property Appraiser and necessary to facilitate his making the assessment in question. The Property Appraiser shall, using the information provided by the Taxing Authority, place the District's non-ad valorem assessments, as made from time to time and certified to him, on properties within the district.

The Property Appraiser shall be compensated by the Taxing Authority for the administrative costs incurred in carrying out this Agreement. These costs include, but are not limited to labor, printing, forms, office supplies, computer equipment usage, postage, programming or any other associated costs.

On October 21, 2019, an administrative fee will be invoiced to the Taxing Authority equivalent to $1 per parcel assessed with a non-ad valorem tax. Parcel counts supporting the invoiced fee will be determined based upon the most current certified non-ad valorem assessment roll. Any new assessments added to the tax roll that were not previously certified and invoiced an administrative fee, will be separately invoiced on or around July 15 and prior to mailing of the Notice of Proposed Property Taxes in August.

The specific duties to be performed under this agreement and their respective timeframes are contained in the Calendar For Implementation Of Non-Ad Valorem Assessment Roll, which is incorporated herein by reference.

This agreement constitutes the entire agreement between the parties and can only be modified in writing.
All parts of this Agreement not held unenforceable for any reason shall be given full force and effect.

All communications required by this agreement shall be in writing and sent by first class mail, email or facsimile to the other p arty.

Notices to the Taxing Authority shall be addressed to:
Randal Park CDD c/o Katie Costa
Governmental Management Services-CF, LLC 9145 Narcoossee Rd, Suite A206
Orlando, FL 32827 kcosta@gmscfl.com (407)841 -5524

Notices to the Property Appraiser shall be addressed to: Carmen Crespo, Manager Finance & Budget Orange County Property Appraiser
200 S. Orange Ave., Suite 1 700
Orlando, FL 32801 ccrespo@ocpafl.org (407)836-5353

TERMINATION. This Agreement may be terminated by either party upon written notice. If terminated on or before April 1, a 100% refund of fee will apply. If terminated between April 2 and July 1 5, a 50% refund of fee will apply. Property Appraiser will perform no further work after the written termination notice is received.

ORANGE COUNTY PROPERTY APPRAISER

Signed. 		_
Rick Singh, CFA

Date._ 	_ 		_

RANDAL PARK CDD

Name	_

Signed�	 	

Date 		 	

CALENDAR FOR IMPLEMENTATION OF NON-AD VALOREM ASSESSMENTS
On or about April 1st - Property Appraiser to provide the Taxing Authority with an electronic file that includes parcel ID and any other information applicable or requested. Taxing Authority may request this file at any time after J anuary 1st, but must  understand  that many splits/ combos, annexations, etc., may not be reflected early in the tax year and subsequent files may be necessary. If any additional information is required at any time by Taxing Authority, it should be requested of the Property Appraiser by Taxing Authority, allowing for a reasonable turnaround time. The file shall be in an ascii file, text or excel file, unless another format is requested and agreed upon between parties.

June 1
Property  Appraiser   distributes	Best  Estimate	of Taxable Value to all Taxing Authorities.

July 1
Property Appraiser certifies Preliminary tax roll to all taxing authorities.
Taxing Authority reviews all assessments and provides final approval for Notice of Proposed Property Taxes (TRIM)

July 15 
Property Appraiser to invoice Administrative Fee for new parcels, if any, assessed and in excess ofprior year certified non-ad valorem assessment roll parcel count.

August 4
Taxing Authority adopts its proposed millage rate and submits to the Property Appraiser for TRIM.

August 24
Last day Property Appraiser can mail TRIM notices to all property owners on the tax roll.

September 3 - October 3
Taxing Authority holds initial and fi n a 1 public budget hearings.

September 15 
Taxing Authority certifies final non-ad valorem assessment roll to Property Appraiser on or before September 15 with any changes, additions or deletions to the non-ad valorem assessment roll since the TRIM notices.

October
Property Appraiser to mail Non-Ad Valorem Assessment Administration Agreement and invoice for non-ad valorem assessment processing for subsequent tax roll, based upon most recent certified non-ad valorem assessment roll parcel count.

Property Appraiser delivers the Taxing Authority non-ad valorem assessment roll to the Tax Collector for collection of taxes on November 1 tax bills. 

SECTION X

SECTION	8

SECTION	1

Randal Park
Community Development District
Check Run Summary

October 11, 2019 thru November 11, 2019

Fund	Date	Check No.'s		Amowtt	
General Fund	10/15/19	1811-1814	$	13,475.35	
	11/8/19	1815-1830	$	35,162.98	
			$	48,638.33	
Payroll	October 2019				
	Kathryn F Steuck	50073	$	184.70	
	Stephany C Cornelius	50074	$	184.70	
			$	369.40	
			$	49,001.13 I	

RANDAL PARK COD

A*P*3* 0C0RHECK  DATES   10/11 /2019   -   11/11 /20 1Y9EA*R*-*TO-DATE	COUNTS  PAYABLE  PREPAID/COMPUTER  CHECK  REGISTER	RUN  11/12/19	PAGE	1
BANK  A  RANDAL   PARK COD

#

CHDAETCEK    VEND#	 • . D. A• T• EINVOINVEO. I• C• E• •   • Y• R• MEXOPEDNPSETDATCCOT.#. . SUB	SUBCLASS  VENDOR  NAME 10/15/19   00009	10/14/19   IS-E1C0U/R1 4IT/ Y2P0A1 T9R0O9L329 /0-157-3 89 0/ 01 -8 47600 

STATUS
*

AMOUNT
368. 00

. • • • CHECK • . . • • AMOUNT

- - - - - -  -  -  -  -  -  -  - - - - - - - - - - - - - - -CI-TY  OF  ORLANDO
10/15/19   00027	10/01/19   7 S4P3E8 C5 IAL  D2 0IS1T9R1I0CT31F0 E-E5 -1 F3 0Y02-0 54000 

- -  - - - - - - - - - -3 -68 -. 0-0  001811
*	175 . 00

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

- - - - - - - - - - -  -  -  -DE-PARTMENT  OF  ECONOMIC  OPPORTUNITY

*	-  -  - - - - - - - - - -1 -75-. 0-0   001812 

10/15/19 00001	8/20/19 CF0263	201908 320-53800-12200	1,225 .00

10/04/19 
10/08/19 

POOL ATTENDANT 8/ 05-8 /18 

CF0337 

201908 320-53800-12200 
POOL ATTENDANT 8/19-9/01 
CF0340	201910 32 0-53800-12300 

*	600 . 00
*	2,2 40 .00

10/08/19 

FACILITY2M0A1 I9N0T8

O32C0T-159 3800-12300 

*	2,240 .00

10/08/19  CFA0C3I4L4 ITY2M0A1 9IN0 T9   A3U2G0-159 3800-12300	*

CPO0O3L50ATTENDANT   9 /   2 - 9 / 1 5

10/08/19  CFA0 3C4IL6 ITY2M0A1 9IN0 T9   S3E2P0-159 3800-12200 

CPFO0O3L55ATTENDANT  9/ 16-9/29 

10/09/19	2 0 1 9 0 9 320-5 3 8 00-12200 

2,240 .00
*	1, 200 .00
*	900 . 00

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

-  -  -  -  - - -  - - - - - - -GO-VERNMENTAL  MANAGEMENT  SERVICES

*	-  - -  -  -  - - - - - -10-, 6-45 -. 0-0   001813 

10/15/19   00 108	9/01/19   9J1A9N02IT2AOURIA2L0 1 S9R0V8 C3A2 U0G- 51 93800-46700 
9/01/19   9J1A9N0 2IT2OSERIA2L01S9R0V9 C3S2E0-P51 39 800-46700 

365. 00
*	945 . 00
*

10/01/19 
10/01/19 

1J0A1 N9 0I2T4ORIA2L0 1 S9R1 V0 C3O2C0T-51 93800-46700 
1019024	201910 320-53800-46700 

945 . 00
*	32 . 35

4 0 -00 -MULTIFOLD  TOWEL-S  - -

RUGBY COMMERCIAL CLEANING, LLC

2,287 .35 001814 

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

11 /08/19 00036	11/ 06/19 0403434- 201911 310-51300-49200 
11/06/19   0P5R4O9P3E3R7 -TY2T0A1 X9E1 S1   32 01 01-9 51300-49200 

*	198 .74 
*	240 . 72

- - - - - -

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

STORMWATER UTILITY TAX
- - - - - -

- -SC-OTT  RANDOLPH ,   TAX  COLLECTOR

- - - - - - - - - -
*	50 .00

439 .46 001815 

11 /08/19   00043	10/24/19   1P0E8S9T8 3C0O5NT2R0O1L9 1O0CT3 21 90-53800-46800 
- -  - - - - - - - -  - - - - - - - - - - -  - -  -  -  - -AR-ROW  ENVIRONMENTAL  SERVICES
11/08/19   00069	10/01/19   1S5E7C0AURITY2P0A1T9R0O9L3S2E0P-1593A800-4 7600	*
RAND RANDAL PARK	KCOSTAC

20 . 80

50 . 00 001816 

A*P*3* 00CRHECK  DATES   10/11 /2019   -   11/1 1/20 1Y9EA*R*-*TO-DATERAANCCDOALUNPTAS RPKAYCADBDLE  PREPAID/COMPUTER  CHECK  REGISTER	RUN   ll/12/19	PAGE	2
BANK   A  RANDAL   PARK CDD

DATE	DATE	INVOICE	YRMO    DPT ACCT# SUB	SUBCLASS

CHECK VEND#	. • • • • INVOICE . • . • .  • • • EXPENSED TO . • .	VENDOR NAME

#

11/01/19   1 S5E9C8URITY2P0A1T9R1O0L3O2 0C-T5193800-47600 

STATUS
*

AMOUNT
2,280 . 00

A• M• O• U• NCHTECK . . . • • 

-  - - - - - - -  -  -  -  -  -  -  - - - - - - - - - -  - -CO-MMUNITY  WATCH  SOLUTIONS ,   LLC 11/08/19   00087	10/30/19   5T3 5ILE/GRO2UT0 1C9L1E0AN3 2IN0G- 5A3M8E0N0-46700 
- - - - - - - - - - - - - - - - - -  -  - -  -  - - - - -CA-RPET  CLINIC  OF  ORLANDO  INC .
11/08/19   00002	10/29/19   6D-E8L2I1V-E8R2Y2 01 01 9/ 21 03 / 31 91 0-51300-42000 

- - - - -  - - - - - -2-, 3-00 -.8 -0   001817
*	125 . 00
- - - - - - - - - - - -12-5 -. 0-0   001818 
*	26 .23

- - - - - - - - - - - - - - - - - - - - - - - -  -  - -FE-DEX
11 /08/19   00055	10 /22 /19   1E5X6T3I2NGUIS2H0E1R91I0NS3P2C0 T-N5 3F8Y0 20 -0 46000 
FLORIDA STATE FIRE EQUIPMENT , INC .
11/08/19   00070	10/23/19   4 3IN5 S6T8A4LL-Q2 -0 11 1850 03/C2O0M-P5L3E8T0E0-47700 

- - - - - - - - - -
*	75 . 00

*

- - - - - - - - - -
1, 953 .00

26.23 00'1819 

75 . 00 001820 

FREEMOTION FITNESS
11 /08/19   00001	10/23/19   4M87AIL  BOX2K0E1Y908   320-53800-49000 
10/23/19   4U8M7 BRELLA2R0 E1 P9 A0 8IRS320-53800-51000 
10/23/19   4U8M7BRELLA2K0E1 Y9 0S8   320-53800-51000 
10/23/19   4 8SA7 ND  FOR2U0M1 B9 R0 E8LL3A2S0-53800-51000 
10/23/19   4U8M7BRELLAS201908   320-53800-51000 
10/23/19   4 S8 I7GN  REPA2 I0R1908   320-53800-47400 
10/23/19   4B8A7 CK  TO  S2C0H1O9O0L8 -P3O2O0L-5P3A8R0T0Y-4 9400 

AGENDA/PREP/BOARD  MEETING

- - - - - - - - -  - - - - - - - - - - - - - - - - - -GO-VERNMENTAL  MANAGEMENT  SERVICES 11/08/19 00025	10/14/19 8 7 9 7 1	2 0 1 9 0 9 3 10 - 5 1 3 0 0 -31500 
LATHAM, LUNA, EDEN & BEAUDINE LLP 11/08/19   00003	9/30/19   0N1O0 T8 I1C2E6 9O F2 0M1T9G09 9 /3 21 07 -/ 1591300-48000 

- -  - - - - - - - - -1 -, 9 5-3 -. 0-0  001821 
*	10 . 74
*	68 .62
*	59. 44
*	20 .68
*	1,230 .41 
*	5.78
*	48 . 14
- - - - - - -  -  -  -  -1-, 4-43-. 8-1   001822 
*	1,1 11.38
- - - - - - - - - -  -1-, 1-11-.3 -8   001823 
*	192 .50

9/30/19   0N10O8T1IC2E69O2F0M1 T9 G0 S9  F3Y120 -0 5 19 3/ 02 0

48000	*
ORLANDO SENTINEL COMMUNICATIONS RAND RANDAL PARK	KCOSTAC

271 . 25

46 3.75 001824 

BANK A RANDAL PARK CDD

A*P* *3 0C0RHECK  DATES   10/11/2019   -   11 /11/ 20 1Y9EA* R* *-TO-DATERANDCAOULNPTASRPKAYCADDBLE  PREPAID/COMPUTER  CHECK  REGISTER	RUN  11/12/19	PAGE	3

CHDAECTKE

VEND#	• • D• A• T• EINVOINCEVO. I• C• E• •   • Y• R• EMXOPENDSPETDATCOCT. #. . SUB	SUBCLASS  VENDOR  NAME	STATUS

AMOUNT

• • • • CHECK . • . • • AMOUNT

11/ 08/19   00061	10/22/19   1L2 7IT5T2E6R  PI2C0K1 9U1 0P  B3A20G-S53 800-51000 
-  - -  -  -  -  -  - - -  - -  - - -  - - - - - - - - - - -  -PR-OPET  DISTRIBUTORS ,   INC .
11/ 08/19   00039	11 /01/19   5F5O7U2NTAIN2M0A1 9IN1T1  N3O2V0-1 59 3800-4 6900 

*	25 1.00
- - - - - - - - - - - -25-1 -. 00-
*	100 .00

#

001825 

- - - - - - - - -  -  -  -  -  - - - - - - - - - - - - - -RO-BERTS  POOL  SERVICE  AND  REPAIR  INC 11/ 08/19 00108	11 /01/19 11 19022	201911 320-53800-46700 
11/01/19   1J1A1N9 I0T2 O2RIA2L0 1S9E1R1 V3IC2E0-N5O3V801 09 -46700 

- -  -  -  - - - - - - - -1 -00 -. 0-0   001826 
*	945 .00
*	35 . 68

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

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

J-ANITORIAL  SUPPLIES	RUGBY  COMMERCIAL  CLEANING ,   LLC

- - - - - - - - - - - -9-80 -.6-8   001827 
*	750 . 00

- - -

11 /08/19 00038	10/18/19 344096	201911 320-53800-46400 

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

C-HE-M-ICA-L-CO-NTROL  NO-V-19 - - -SP-IES  POOL ,   LLC

- - - - - - - - - - - -7-50-. 0-0  001828
*	80 . 00

11/08/19   00026	10/16/19   0C2D9D9 4 B6O2ARD2 0M1T9G09AN3D1 0P-R5E1P3 00-3 1100	*
10/16/19   0C2D9D9 4M6T4G  A2 0SS1 I9S0T9 /E3V1A0L-51300-3 1100 
- - - - - -  -  -  - - - - - - - - -  -  -  -  -  -  -  -  -  -  -VAN- ASSE  HANGEN  BRUSTLIN ,   INC

80 . 00

160 .00 001829

11/08/19   00066	10/15/19  OLNEA5 K9 6IN8G6  V2A0L1V9E1S0

R3E2P0A- 5IR3800-46500 

*	1,390 . 87

LANDSCAPE  MAINT  NOV19

11/01/19 ON 6 3 7 9 3 2 0 1 9 1 1 320-53 800-46200	*

LANDSCAPE-COLONIAL-NOV1 9

11/01/19 ON 6 3 7 9 3 2 0 1 9 1 1 320	38 0 0 -46200	*

LANDSCAPE-SHARED-NOV1 9 

11 /01/19 ON 6 3 7 9 3 2019 1 1 320-5 3 8 00-46200	*
YELLOWSTONE LANDSCAPE-SOUTHEAST , LLC
TOTAL FOR BANK A TOTAL FOR REGISTER

17,342 . 00
3, 100 . 00
3, 100 . 00

48,638. 33
48,638 .33

24 , 932 . 87 001830 

RAND RANDAL PARK	KCOSTAC

.	.	.
SECTION 2

•	•	•	•	•	•	•	•	•	•	•

Randal Park
Community Development District

Unaudited Financial Reporting September 30, 2019

•	•	•	•	•	•	•	•	•	•	•	•	•	•	•

Table of Contents

1	Balance Sheet

2-3	General Fund

Capital Reserve Fund

Debt Service Fund - Series 2012

 	Debt Service Fund - Series 2015

 	Debt Service Fund - Series 2018

 	Capital Projects Fund - Series 2015

Capital Projects Fund - Series 2018

10-11	Month to Month

 	Long - Term Debt

Construction Schedule - Series 2015

Construction Schedule - Series 2018

Assessment Receipt Schedule

RANDAL PARK
COMMUN ITY DEVELOPMENT DISTRICT
COM BINED BALANCE SHEET
For The Period Ending September 30, 2019

§Qvernmenti:!1 Fyng

�

Assets	Genera l 	Capita l Reserves	Debt Service	capita l Projects	ZQ..12	
Cash	$234,250				$234,250	
Cash - Debit Card Investments
Custody Account	$2,479	
$284,728			
$284,728	
Bond Series - 2012
Reserve			
$401,031		
$401,031	
Revenue			$327,374		$327,374	
Interest			$44		$44	
Principal			$12		$12	
Prepayment Bond Series - 2015
Reserve			$1

$596,080		$1

$596,080	
Revenue			$444,969		$444,969	
interest Construction
Bond Series - 2018 Reserve			$0

$58,837	
$433	$0

$58,837	
Cap Interest			$46,056		$46,056	
Construction					$47	
Cost of Issuance					$7	
Due from Colonial Properties	$7,756				$7,756	
Prepaid Expenses	$39,650				$39,650	
Total Assets	$284,135	$284,728	$1,874,406	$487	$2,443,756	
Liabilities						
Accounts Payable	$46,593				$46,593	
Fund Equity						
Fund Balances
Unassigned Fund Balance	
$197,892	
$284,728			
$482,620	
Non-Spendable Fund Balance	$39,650				$39,650	
Restricted for Debt Service • 2012			$728,463		$728,463	
Restricted for Debt Service - 2015			$1,041,049		$1,041,049	
Restricted for Debt Service • 2018 Restricted for Capital Projects · 2015 Restricted for Capital Projects - 2018			$104,893	
$433	$104,893	
Total Liabilities & Fund Equity	$284,135	$284,728	$1,874,406	$487	$2,443,756	

(memorandum only)

$2,479

$47

$54

RANDAL PARK
COMMUNITY DEVELOPMENT DISTRICT
GENERAL FUND
Statement of Revenues & Expenditures

$474

$39,393

For The Period Ending September30, 2019

	Adopted	Prorated Budget	Actual		
	Budget	Thru 09/30/19	Thru 09/30/19	Variance	
Revenues:					
Assessments - Tax Collector	$796,630	$796,630	$815,611	$18,981	
Colonial Properties Contributions	$54,176	$54,176		($4,762)	
Shade Project Contributions	$0	$0	$36,100	$36,100	
M iscellaneous Revenue	$1,000	$1,000	$7,663	$6,663	
Miscellaneous Revenue - Activities	$7,000	$7,000	$S,288	($1,712)	
Rentals	$7,000	$7,000	$13,250	$6,250	
Total Revenues	$865,806	$865,806	$927,326	$61,520	
Expenditures:					
Administrative					
Supervisor Fees	$6,000	$6,000	$6,200	($200)	
FICA Expense	$459	$459		($15)	
Annua I Audit	$4,000	$4,000	$4,000	$0	
Trustee Fees	$8,000	$8,000	$8,000	$0	
Dissemination Agent	$7,000	$7,000	$9,625	($2,625)	
Arbitrage	$1,200	$1,200	$600	$600	
Engineering	$10,000	$10,000	$4,779	$5,221	
Attorney	$20,000	$20,000	$12,377	$7,623	
Assessment Administration		$5,000	$5,000	$0	
Management Fees	$39,393		$39,393	$0	
Information Technology	$1,000	$1,000	$1,000	$0	
Telephone	$100	$100	$48		
Postage	$1,500	$1,500	$1,240	$260	
Insurance	$5,500	$5,500	$4,928	$572	
Printing & Binding	$1,500	$1,500	$2,098	($598)	
Legal Advertising	$2,500	$2,500	$11,430	($8,930)	
Other Current Ola rges	$350	$350	$2S4		
Office Supplies	$200	$200	$111	$89	
Property Appraiser	$800	$800			
Property Taxes	$250	$250	$241		
Dues, Licenses & Subscriptions	$175			$0	
Tata/Administrative	$114,927	$114,927	$112,769	$2,158	

$797

$9

$175

2

RANDAL PARK
COMMUNITY DEVELOPMENT DISTRICT
GENERAL FUND
Statement of Revenues & Expenditures

$389

($1,644)

ForThe Period Ending September30, 2019

	Adopted	Prorated Budget	Actual		
	Budget	Thru 09/30/19	Thru 09/30/19	Variance	
Maintenance					
ContractServices					
Field Management	$16,883	$16,883	$16,883	($0)	
Facilities Management	$72,700	$72,700	$72,700	$0	
Pool Attendants	$18,000	$1B,000	$17,862	$138	
Wetland Maintenance	$9,600	$9,600	$0	$9,600	
M itigation Monitoring	$2,500	$2,500		$2,500	
Landscape Maintenance	$282,504	$282,504	$282,504	$0	
Janitorial Services	$21,000	$21,000	$18,310	$2,690	
Pool Maintenance	$15,330	$15,330	$14,941		
Lake Maintenance	$8,940	$8,940	$8,940	$0	
Pest Control	$1,100	$1,100	$1,100		
HVAC Maintenance	$574	$574	$0		
Security Patrol	$30,000	$30,000	$28,877	$1,123	
Repairs & Maintenance					
Faciltiies Maintenance	$29,120	$29,120	$25,988	$3,133	
Repairs & Maintenance	$15,000	$15,000	$11,200	$3,800	
Operating Supplies	$5,000	$5,000	$8,603	($3,603)	
Landscape Replacement	$10,000	$10,000	$5,633	$4,368	
Pool Repairs & Maintenance	$5,000	$5,000	$6,644		
Irrigatlons Repairs	$8,000	$8,000	$10,615	($2,615)	
Alley Maintenance	$1,500	$1,500	$1,160	$340	
StormwaterRepairs & Maintenance	$1,500	$1,500	$0	$1,500	
Fountain Maintenance	$3,500	$3,500	$1,900	$1,600	
Fitness Repairs & Maintenance	$2,000	$2,000	$3,849	($1,849)	
Signs	$1,000	$1,000	$251	$749	
Pressure Washing	$10,000	$10,000	$8,000	$2,000	
Utirrties					
Utilities - Common Area	$30,000	$30,000	$25,206	$4,794	
Utilities -Amenity Center	$22,000	$22,000	$20,S18	$1,482	
Refuse Service	$2,400	$2,400	$2,466	($66)	
Streetlighting	$98,769	$98,769	$107,089	($8,320)	
Amenity ctmter					
Property Insurance	$31,000	$31,000	$28,372	$2,628	
Pool Penni!	$550	$550	$505	$45	
cable TV/Internet/Telephone	$4,000	$4,000	$3,255	$745	
Recreation Center Access cards	$1,000	$1,000	$0	$1,000	
Special Events	$15,000	$15,000	$12,533	$2,467	
Holiday Decorations	$4,000	$4,000	$4,009		
Security Monitoring	$600	$600	$420	$180	
Contingency	$10,000	$10,000	$16,516	($6,516)	
Shade Project Expenses	$0	$0	$50,862	($50,862)	
capital Reserve	$32,450	$32,450	$80,000		
TotalMaintenance	$822,520	$822,520	$897,712	($75,192)	
Total Expenditures	$937,447	$937,447	$1,010,481		
Excess Revenues (Expenditures)	($71,641)		($83,156)		
Fund Balance - Beginning	$71,641		$320,698		
Fund Balance • Ending	$0		$237,542		
3

RANDAL PARK
COMMUNITY DEVELOPMENT DISTRICT
CAPITAL RESERVE FUND
Statement of Revenues & Expenditures For The Period Ending September 30, 2019

	Adopted Budget	Prorated B udget Thru 09/30/19	Actual Thru 09/30/19	
Variance	
Revenues:					
Transfer In Interest	
so	
so	sso,ooo SS, 115	
SS,115	
Total Revenues	$32,450	$32,450		$52,665	

Expenditures:					
Capital Outlay	$17,340	$17,340	$0		
Reserve Study	$0	$0	$0	$0	
Total Expenditures	$17,340	$17,340	$0	$17,340	
Excess Revenues (Expenditures)	$15,110		$85,115		
Fund Balance - Beginning	$229,626		$199,613		
Fund Balance - Ending	$244,736		S284,728		

4

RANDAL PARK
COMMUNITY DEVELOPMENT DISTRICT

DEBT SERVICE FUND - SERIES 2012

$4,406

Statement of Revenues & Expenditures For The Period Ending September 30, 2019

	Adopted
Bud et	Prorated Budget
Thru 09/30/19	Actual Thru 09/30/19	
Variance	
Revenues:					
Assessments - Tax Collector	$397,350	$397,350	$406,817	$9,467	
Interest	$0	$0	$14,938	$14,938	
Total Revenues	$397,350	$397,350	$421,755	$24,405	
ExcendJtures:					
Principal Payment - 11/01	$85,000	$85,000	$85,000	$0	
Interest Payment - 11/01	$155,194	$155,194	$155, 194	$0	
Interest Payment - 05/01	$152,750	$152,750	$152,750		
Total Expenditures	$392,944	$392,944	$392,944	$0	
Excess Revenues (Expenditures)			$28,812		
Fund Balance - Begiming	$297,417		$699,651		

Fund Balance - Endir,:	
$301,823		
$728,463		

5

RANDAL PARK COMMUNITY DEVELOPMENT DISTRICT
DEBT SERVICE FUND -SERIES 2015
Statement of R evenues & Expenditures  For The Period Ending September 30, 2019

�					
Assessments • Tax Collector	$596,080	$596,080	$610,283	$14,203	
Interest	$0	$0	$21,444	$21,444	
Total Revenues	$596,080	$596,080	$631,727	$35,647	

Expenditures;					
Principal Payment • 11/01	$155,000	$155,000	$155,000	$0	
Interest Payment • 11/01	$217,746	$217,746	$217,746	($0)	
Special Call Principal Payment · 11/01	$0	$0	$20,000	($20,000)	
Special Call Principal Payment - 02/01	$0	$0	$20,000	($20,000)	
Special Call Interest Payment - 02/01			$213	($213)	
Interest Payment • 05/01	$214,453	$214,453	$213,603	$851	
Special Call Principal Payment • 08/01	$0	$0	$5,000	($5,000)	
Special Call Interest Payment - 08/01	$0	$0	$53	($53)	
Transfer Out	$0	$0	$0	$0	
Total E11penditures	$587,199	$587,199	$631,614	($44,415)	
Excess Revenues (Expenditures)	$8,881		$112		
Fund Balance - Beginning	 	$438,631		$1,040,937		
Fund Balance • Ending	$447,512		$1,041,049		

Adopted Budget

Prorated Budget Thru 09/30/19

Actual Thru 09/30/19

Variance

6

RANDAL PARK
COMMUNITY DEVELOPMENT DISTRICT

DEBT SERVICE FUND -SERIES 2018
Statement of Revenues & Expenditures For The Period Ending September 30, 2019

	Adopted Bud et	Prorated Budget Thru 09/30/19	Actual Thru 09/30/19	
Variance	
Revenues:					
Bond Proceeds	$0		$0	$135,841	$135,841	
Interest	$0		$0	$1,914	$1,914	
Total Revenues	$0		$0	$137,755	$137,755	

Expenditures;					
Principal Payment - 11/01	$0		$0	$0	$0	
Interest Payment - 11/01	$0		$0	$0	$0	
Interest Payment - 05/01	$0		$0	$32,862		
Total Expenditures	$0		$0	$32,862	($32,862)	
Excess Revenues (Expenditures)	$0		$104,893		
Fund Balance - Beginning	$438,631		$0		
Fund Balance - Ending	$438,631		$104,893		

7

RANDAL PARK
COMMUNITY DEVELOPMENT DISTRICT
CAPITAL PROJECTS FUND · SERIES 2015
Statement of Revenues & Expenditures For The Period Ending September 30, 2019

Revenues;
Interest

Total Revenues

Expenditures:

capital Outlay

Total Expenditures

Excess Revenues (Expenditures) Fund Balance - Beginning
Fund Balance • Ending

Adopted Budget

$0
$0

$0
$0
$0
$0
$0

8

Prorated Budget Thru 09/30/19

$0
$0

$0
$0

Actual Thru 09/30/19

$9
$9

$0
$0
$9

$423

$433

Variance

$9
$9

$0
$0

RANDAL PARK
COMMUNITY DEVELOPMENT DISTRICT
CAPITAL PROJ ECTS FUND - SERIES 2018
Statement of Revenues & Expenditures For The Period Ending September 30, 2019

Revenues:

Bond Proceeds Interest

Total Revenues

Expenditures;

capital Outlay - COi capital Outlay

Total Expenditures

Excess Revenues (Expenditures) Fund Balance - Beginning
Fund Balance - Ending

Adopted Budget

Prorated Budget Thru 09/30/19

	$0	$1,409	$1,409	
$0	$0	$1,635,568	$1,635,568	
				
$0	$0	$240,750	($240,750}	
$0	$0	$1,394,763	($1,394,763}	
$0	$0	$1,635,513	($1,635,513)	
$0		$54		
$0		$0		
$0		$54		

$0

Actual Thru 09/30/19

$1,634,159

Variance

$1,634,159

9

Aeve"uu·

Randal Park
Community Development District
O<l	Nov	Dec	Jan 	Feb	MJrch	       Aiwll	May	June	Juli	Aat	5"l't	TOI.II

$5,470

$3,763

Special Assessments - Talt Collector	$0	$12,734	$707,322	$14,558	$30,117	$20,856	$3,457	$9,757	$2,351	$111	$815,611

Colonial Properties Contribution

$0	$10,615	$4,021

$3,904	$3,916	$3,974	$3,903	$3,852	$49,414

Shade Project Contribution

$20,325	$10,050	$0	$0	$0	$0	$0

$0	so	$0	$36,100

$5,288

Miscenaneous Revenue	$95	$10	$0	$0	$5,000	$1,495	$241

$307

$195	$25	S7,663

Mlscenancous Re'olltnuc - .Activities	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$5,288
Rentcils	$1,000	Sl.SOO	Sl.250	$1,250	(S2SOI	$3,000	$0	$1,750	ssoo	$750	S1.250	$1,250	$13,250

Total ReYlflUt5	I	Sl0,583	�8,334	Sn2,356	$21,096
.!l!.l!t!!!!!!!
Admln/sgpr{rc

$29.m	fo,oas	Sll,294	$8,180	114,606	s1,700

l,!127.]261

$92

Supervisors Fees	$200	$0	$1,200	$600	$0	$600	$800

$800	$0

$800	$6,200

$474

$4,000

FICA ExpeMe	$0	$46	so	$46	$61	$46	$61	$0	$46	$61

Annual Audit

$0	$0	$0	$0	$0

$0	$0	$0	$0	$0	$4,000

$875

$875

Trustee Fees	$0	$0	$0	$0	$0	$4,500	$0	$0	$3,500	$0	$0	So

Dissemination Agent	S583

$875

$875	S875

$875	$9,625

Arbitrage	$0	$0	$0	$0	$0	$0	$0	$0	$600	$0	$0	$600

Engineeril'IK	$0	S600	$1,630

$34	$0	$1.010	$480	so

S565	$0	$4,619

Attorney
Assessment Administration	$5,000

$2,222

$0	$1,549	$502
$0	$0	$0

$1,068	S1,161	$0	$11,266

$3,2l!3

$3,283

$39,393

$0	$0	$0	$0	$0

Management Fees	$3,283
lnformattOn TechnOloey	$83	$83

$83	$83

$3,283	$3,283	$3,283

$83

$83	$83

$83	$83

S3,283

$1,000

$9

Telephone	$0	$41	$0	$0	$7	$0	$0	$0	$0	$0	$0	$0	$48

Postage

$20	sn	$53	$121	$48	513	$26

$18	SlO	$800

$76

$357

$3,506

Insurance	$4,928	$0	$0	$0	$0	$0	$0	$0

so	$0	$0	$4,928

Printlng & Binding

$143	$153

$105	$113

$297

$191	$64	$249

Legal AIMmising	$4,223

$200

$0	$0

$159	$0	$2,878	$0	$0	Sl0,967

Other Current Charges

so	$0

$25	$100	$104	$25

$0	$0	$0

$2,098

$254

Office Supplies	$1	$1

$1	$0

$1	$1	$1	$1	$1

Property Appraiser	$797	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$797

Property Taxes	$0

$0	$0	$0	so	$0	$0	$0

$0	$0

$4,533

Dues, Uccnses, & Subscriptions

$0	$0

$0	$0	$0	$0	$0	$0	$0	$0

TotalAdmlnlstrot/w	I	SJ9,SU

$11,197	$11,088	$6,605

 	$6,688	$111,0341

10 

�
Canfflld Service, Field Manaaement

Oct 	No           v		Dec

$1,407

$1,407

S1,407

Randal Park
Community Development Distr-Kt

Jan

Feb	Mt1rc.h	...11

$1.407

$6,058

$6,058

$1,407

May

Aul

$1,407

June	July

5.ept	T01Al

$6,058
S2,080

$0
$0

Facilities Management	$6,058	$6,058	$6,058

$6,058

$6,058	$6,058

$6,058

$16,883

$6,058

$23,542
$0
$0

Pom Attendants	$880	$1,870	$416	$0	$502	$910	$1,090

$2,208

$ ,200

sn,100

$0
$0
$1.625

Landscape Maintenance

$23,542	$23,542	$23,542	$23,542	$23,542	$23,542	$23,542	$23,542	$23,542

1	$13,937

$0
$0
$1,875

$745

Wetland  Maintenance
Mitigation Monitoring
Janltorlal Services	$1,625

$0	$0

$0

Sl.200

$0

Sl,200
$745
$50

$2,568

$1,500

$0

so

$1,500

$0	$0	$0

Sl,625

$745

$0

Sl,625

$745
$50

$2,864

$0	$0	$0

$1,407
$6,058
S170
$23,542
$0
$0

$1,277

$990

$23,542	$282,504

so
$0

$so0

Pool Maintenance	$1.200	$1,200

$1,200	$1,200	Sl,200	Sl.200	$1,510	$1,277

$945	$18,310

$50
$0
S2,312

Lake Maintenance

$550

Pest Control

$745

$2,568

$50

$50

$745

$50	$50

$745
$50	$50	$50

S14,941
$8,940

HVAC Maint@nance	$0

$0	$0	$0	$0

$0	$0	$0	$0	$0

$1,100

$2,096

$3,360

Security Patrol	$2,184
Repaln & Maintenance

$2,184	$2,184	$2,184

$2,440

$1,544

$0
S>B,488

$0

$4,650

so

S75
$569
S219

$1,617

$0

Facilities Maintenance	$2,065	$3,325	$2,170	$2,170	$2,380	$2,100	$1,610	$1,628	$1,890	Sl,170	$0

S527 S260
$208

$0

so
S713

$855

Repairs & Maintenance Operatirw Supplies

$0

$135

$0	$0

$80	$648	$0
$823	S885

S7,224

$3,630

$1,471

Sll,200

Landscape Replacement

$349	$0	$0	$0	$0	$0	$0	$0	S5,065	$0	$0	$5,633

$224

so
$0

$275

$410

$0

so

$0

$0

so
$275

$69

$D

so

Sl,523

$203
$3,930

$0
$0

SlOO

$334
so

Pool Repairs & Maintenarxe	$2,386	$0

$0	$0	$211	$1,891

$160	$6,644

so
$0

S367

$8.000

Irrigation Repairs
Alley Maintenance	$0

$1,617	$0

$0
$0	$0

so
$244
$177
$0

$1,160

Sl0,615
$0	$1,160

Stonnwater Repairs & Maintenance

$0	$0	$0	$0

$0	$0	$0

so

so

SIOO

Fountain Maintenance	$100	$100	$275	$100

$100

$100	$100	$275	$1,900

Fitness Repairs & Maintenanoe	$0

$2,274	$405	$135

$218	$0

$3,849

$0
$0

Signs	$0	$0	$0	$0	$0	$0	$0

$0	$246

$8,000

Pressure Washing	$0

$2,378
$1,912

Udlltles

$0	$0	$0	$0	$0

$0	$0

Utilities - Common Area

$0	$1,935	$1,967	$1,902

$2,383	$2,146

$1,769

$25,206

Utilitles - Amenity Center

$0	$1,882

$1,561

$1,756

$4,146

$2,357
$1,772

$2,007
$1,697

S186

Refuse Service	$186	$373	$0

$186

$186

$186

$186	S230	$2,466

$1,631
$186
$8,379

$1,633

$81379

S186
$8,379

$2B,3n

Streetli&htirw;	$7,370	$16,006	$0	$16,679	$8,379	$8,379	$8,379 Amenltv canter

$8,379

$8,379	$107,089

$0

$0

Property Insurance

$0	$0	$0	$0	$0

$0	$0	$0	$0	$28,372

$0

Pool Permit	$0	$0	$0	$0	$0

$505

$0	$0	$0	$0	$505

$270

$272
$0

cable TV/Internet/Telephone	$270	$270

$270

$270

$3,255

$272

$0

$0

$0

$0

$0
$35

so

$0
$555

$0

$0

Recreation Center Access cards	$0	$0	$0	$0	$0	$0

SpeCli>I Events
Holiday Decorations	$4,009

$112	$5,711	$46	S3,497

$0
$35

$0	$0

$79

$35

$950

$0	$0	$0

$82

S35

$0	$0

$0	SU,485

Seci.rity Monitoril'l8	$35

$35	$35	$35	$35	$35

$0

$420

$35

Shade Prciect E•Pl!mes

$0	$216

$10,324

$237	$565

$225	$2,341	$801

$16,505

$0

pltal Renrve

$0	$24,065	$0	$0

$0	$14,439	$0	$10,971	$0	$0	Sl,387	$50,862

$0

$80,000

$0

$0

$0

$0

$0	$0	$0	$0	$0

$0	$0

$80,000

$62,591

Total Maintenance	I	$89,756	$101,120	$49,772	$76,118	$56,931	$54,527	$70,614

$60,243

$68,149	$68,107	$53,555	$136,235	$887,,1 741

$57,595

$61,464

Tlllal bpenditun!s	I	$109,269	$111,844

($63,0101

$84,106

$65,724	$81,702	$69,196	$77,876	$77,104

($68,617)

Sl42,386	5'1'l3."'9 1

($98,686)

E1tc:en Revenues (E1tpendltlnsl	I

($73,511)	$664,762

($15,981)	(S36.]S>J

($57,902)	($69,696)	($62,498)

(5137,IAI)

($71,183)1

11 

RANDAL PARK
COMMUNITY DEVELOPMENT DISTRICT
Long Term Debt Report

Serles 2012 Special Assessment Bonds

Interest Rate :	
Various	
	(5.75% , 6.125% , 6.875%)	
Maturity Date :	11/1/2042	
Maximum Annual Debt Service :	$397,203	
Reserve Fund Requirement	$397,203	
Reserve Fund Balance	$401,031	

Bonds Outsta nding - 09/30/2013	
$5,115,000	
less : November 1, 2013 (Mandatory)	($65,000)	
less : November l, 2014 (Mandatory)	($70,000)	
less : November l, 2015 (Mandatory)	($70,000)	
less : November l, 2016 (Mandatory)	($75,000)	
Less : November 1, 2017 (Mandatory)	($80,000)	
Less : November 1, 2018 (Mandatory)	($85,000)	
Current Bonds Outstanding	$4.670000	

Serles 2015 Special Assessment Bonds		
Interest Rate :	Various	
	(4.25% , 5% , 5.2%)	
Maturity Date :	11/1/2045	
Maximum Annual Debt Service	$596,080	
Reserve Fund Requirement :	$596,080	
Reserve Fund Balance	$596,080	

Bonds Outstanding - 03/18/2015	
$9,055,000	
Less : November 1, 2016 (Mandatory)	($145,000)	
Less : November 1, 2017 (Ma ndatory)	($150,000)	
Less : February 1, 2018 (Special Call)	($15,000)	
Less : November 1, 2018 (Ma ndatory)	($155,000)	
Less : November 1, 2018 (Special Call)	($20,000)	
Less : February l, 2019 (Special Call)	($20,000)	
Less : August 1, 2019 (Special Call)	($5,000)	
current Bonds Outstanding	$8.545.000	

Serles 2018 Special Assessment Bonds

Interest Rate :		
Various	
		(4.100% , 4.500% , 5.050%, 5.200%)	
Maturity Date :		11/1/2049	
Maximum Annual Debt Service :		$117,674	
Reserve Fund Requirement :		$58,837	
Reserve Fund Bala nee :		$58,837	

Bonds Outsta nding - 12/17/2018		
$1,770,000	
current Bonds Outstanding		$1 770 DOD	
	
12 		

RANDAL PARK
COMMUNITY DEVELOPMENT DISTRICT
SPECIAL ASSESSMENT REVENUE BONDS, SERIES 2015

Date	Requisition #		Contractor	Description	Requisition	
Fiscal Year 2019					
			
TOTAL	
$0.00	
Fiscal Year 2019 10/1/18		
Interest		
$0.64	
11/1/18		Interest		$0.72	
12/1/18		Interest		$0.72	
1/1/19		Interest		$0.78	
2/1/19		Interest		$0.82	
3/1/19		Interest		$0.74	
4/1/19		Interest		$0.83	
5/1/19		Interest		$0.81	
6/1/19		Interest		$0.82	
7/1/19		Interest		$0.79	
8/1/19		Interest		$0.82	
9/1/19		Interest		$0.73	
			TOTAL	$9.22	
			Acquisition/Construction Fund at 10/1/18	$423,49	
			Interest Earned thru 09/30/19	$9.22	
			Requisitions Paid thru 09/30/19	$0.00	
			Remaining Acquisition/Construction Fund	$432.71	

13 

RANDAL PARK
COMMUNITY DEVELOPMENT DISTRICT

SPECIAL ASSESSMENT REVENUE BONDS, SERIES 2018

Date	Requisition # Fiscal Year 2019

Contractor

Description

Requisition

Mattamy Homes
Mattamy Homes

Reimburse Construction Costs
Reimburse Construction Costs

$1,356,622.93
$38,140.52

TOTAL	$1,394,763.45	

Fiscal Year 2019			
1/1/19	Interest	$834.13	
2/1/19	Interest	$37.40	
3/1/19	Interest	$33.75	
4/1/19	Interest	$37.63	
5/1/19	Interest	$36.81	
6/1/19	Interest	$37.43	
7/1/19	Interest	$35.95	
8/1/19	Interest	$37.08	
8/8/19	Transfer from Cost of Issua nce	$18,514.29	
9/1/19	Interest	$47.10	
	TOTAL	$19,651.57	
	Acquisition/Construction Fund at 12/17/18	$1,375,158.98	
	Interest Earned thru 09/30/19	$19,651.57	
	Requisitions Paid thru 09/30/19	($1,394,763.45)	
	Remaining Acquisition/Construction Fund	$47.10	

14 

RANDAL PARK

847,479

Gross Assessments	$	1,904,320	$		$	422,713	$	634,128	
Net Assessments	$	1,790,061	$	796,630	$	$	S96,080	
								2012	2015		
Date		Gross Assessments	Discounts/	Commissions	Interest	Net Amount	General Fund	Debt Svc Fund	Debt Svc Fund	Total	
Received	Dist.#	Received	Penaltles	Paid	Income	Received	44.50%	22.20%	33.30%	100"	

COMMUNITY DEVELOPMENT DISTRICT SPEOAlASSESSMENT RECEIPTS · FY2019 TAX COUECTOR

11/8/18	1	$	2,194.74	$	82.70	$		$	$	2,112.04	$	939.92	$	468.82	$	703,30	$	2,112.04	
11/15/18	2	$	27,606.51	$ 1,104.27	$		$	$ 26,502.24	$	11,794.28	$	5,882.86	$	8,825.10	$ 26,502.24	
12/3/18	3	$	53,764.22	$ 2,150.55	$		$	$ 51,613.67	$	22,969.62	$	11,456.99	$	17,187.07	$ 51,613.67	
12/6/18	4	$	352,943.65	$ 14,117.64	$		$	$ 338,826.01	$	150,787.65	$	75,211.18	$	112,827.18	$ 338,826.01	
12/13/18	5	$	184,567.01	$ 7,382.64	$		$	538.06 $ 177,722.43	$	79,091.76	$	39,450.08	$	59,180.58	$ 177,722.43	
12/20/18	6	$	1,063,770.35	$ 42,550.75	$		$	$ 1,021,219.60	$	454,473.07	$	226,686.06	$	340,060.46	$ 1,021,219.60	
1/10/19	7	$	34,075.48	$ 1,363.01	$		$	$ 32,712.47	$	14,558.02	$	7,261.38	$	10,893.07	$ 32,712.47	
	8	$	71,113.13	$ 2,822.27	$	617.20	$	$ 67,673.66	$	30,116.79	$	15,021.92	$	22,534.95	$ 67,673.66	
3/14/19	9	$	44,843.13	$ 1,241.59	$		$	3,262.18 $ 46,863.72	$	20,855.75	$	10,402.61	$	15,605.36	$ 46,863.72	
4/11/19	10	$	20,149.48	$	201.50	$		$	$ 19,947.98	$	8,877.44	$	4,427.97	$	6,642.57	$ 19,947.98	
5/9/19	11	$	12,290.30	$	$		$	$ 12,290.30	$	5,469.55	$	2,728.15	$	4,092.60	$ 12,290.30	
6/13/19	12	$	7,118.24	$	$		$	650.68    $	7,768.92	$	3,457.40	$	1,724.51	$	2,587.01	$	7,768.92	
7/11/19	13	$	21,286.46	$	$		$	638.60 $ 21,925.06	$	9,757.30	$	4,866.83	$	7,300.92	$ 21,92S.06	
8/15/19	14	$	5,129.92	$	$		$	153.90   $	5,283.82	$	2,351.46	$	1,172.88	$	1,759.48	$	5,283.82	
9/12/19	15	$		$	$		$	248.90    $	248.90	$	110.77	$	55.25	$	82.88	$	248.90	
Totals		$	1,900,852.62	$ 73,016.92	$	617.20	$	5,492.32 $ 1,832,710.82	$	815,610.79	$	406,817.49	$	610,282.54	$ 1,832,710.82	
														% Collected:	102.38"	

15 

SECTION 3

Randal Park Community Development District
135 W Central Blvd. Suite 320, Orlando Florida 32801

Memorandum

DATE:	November 15, 2019
TO:	Jason Showe,jshowe@gmscfl. com
District Manager
FROM:	William Viasalyers Field Services Manager
RE:	Randal Park CDD Monthly Managers Report - November 15\ 2019
The following is a summary of activities related to the field operations of the Randal Park Community Development District.

Aquatic contractor continues to work on the lakes addressing any issues present.
Yellowstone continues with removing trash from the edge of the lakes during their weekly maintenance.
Landscaping:
Staff continues to meet with Yellowstone once a week to review landscaping and irrigation concerns.
Staff has been working with Yellowstone to review areas throughout the property to repair irrigation.
Annual Fakahatchee grass cut back-Update
Annual mulching- Update
Other:
Treadmill replacement-Update
Camera proposal discussion
Should you have any questions please call me at 407-451-4047. Respectfully,
William Viasalyers

SEC·TION 4

--l

z

Community	Events

(Total: 171) 

Pizza Nights Food Truck Social
Meet & Treat Yoga Classes

Pizza Nights Fall Paint Night
Food Truck Social
Thanksgiving Floral Workshop

Twice p/month Monthly
Annually Twice p/week

Twice p/month Special Event Monthly Special Event

1 82
1 6 orders
(one food truck cancelled) 87 adults / 84 kids
2 -4 residents p/week

Hot Topics:

Gym:

2 Ellipticals are not working properly
Both machines will be replaced. The orders were placed on l O/24 and is scheduled to be delivered week of November l 1 .

Yoga Classes:
Due to the lack of participation, the Yoga Instructor is no longer available to come onsite for weekly classes. We are currently seeking options for quarterly yoga sessions.

Outstanding Issue:

Mailboxes (CBU) area on RP Blvd.: Residents continue to drive on the opposite side of the street to park and get their mail.

The issue has been reported to the City of Orlando. It was further requested that they extend the yellow poles further to the stop sign South towa rds Billings. We are awaiting a response.

SECTI-ON 5

RANDAL PARK COMMUNITY DEVELOPMENT DISTRICT
$5,11 5,000
SPECIAL ASSESSMENT REVENUE BONDS SERIES 2012
ARBITRAGE REBATE REQUIREMENT MAY 31 , 201 9

Grau & Associates
CERTIFIED PUBLIC ACCOUNTANTS

951 Yamato Road • Suite 280 Boca Raton, Florida 33431 (561) 994-9299 • (800) 299-4728
Fax (561 ) 994-5823
www.graucpa.com

October 30, 2019 

Randal Park Community Development District City of Orlando, Florida
Re:	$5,1 1 5,000 Randal Park Community Development District (City of Orlando, Florida),
Special Assessment Revenue Bonds, Series 2012 (the "Bonds")
Randal Park Community Development District has requested that we prepare certain computations related to the above-described Bonds for the year ended May 31 , 2019 ("Computation Period"). The engagement consisted of the preparation of computations to be used to assist in the determination of the amount, if any, of the Rebate Requirement for the Bonds for the Computation Period as described in Section 148(f) of the Internal Revenue Code of 1 986, as amended ("Code"). You have the u ltimate responsibility for your compliance with arbitrage rebate laws; therefore, you should review the calculations carefully.
In order to prepare these computations, we were provided with the following information: various trust statements and the Official Statement for the Bonds. We did not verify or otherwise audit the accuracy of information provided to us by you or the Trustee, and accordingly, we express no opinion on such information . The attached schedules are based upon the aforementioned information provided to us. A brief description of the attached schedules is attached.
The results of our computations based on the information provided to us indicate a negative Rebate Requirement of ($324,745) for May 31 , 2019. Consequently, our results indicate no amount must be on deposit in the Rebate Fund .
The Rebate Requirement has been determined as described in the Code and the Arbitrage Rebate Regulations. We have no obligation to update this report because of events occurring, or information coming to our attention, subsequent to the date of this report. It is understood that these calculations are solely for the information of, and assistance to, the addressee for the purpose of complying with the Code and the Arbitrage Rebate Regulations. Our report is not to be used for any other purpose.

Grau & Associates

DESCRIPTION OF ATTACHED SCHEDULES
Summary of Rebate Calculations - Provides a summary of the rebate calculations.
Purpose Expenditures Future Value Report - Verifies the rebate calculation. The report future values the purpose expenditures by the arbitrage yield limit to the computation date (May 31 , 201 9).

Arbitrage Yield Limit (AYL) Verification Report - Verifies the calculation of the arbitrage yield limit and the arbitrage gross proceeds. Discounts the debt service schedule by the arbitrage yield limit.
True Interest Cost (TIC) Verification Report - Verifies the calculation of the true interest cost and the gross proceeds. Discounts the debt service schedule by the true interest cost.
Unspent Proceeds Report - Verifies the amount of unspent proceeds. Lists purpose expenditures in chronological order.
Internal Rate of Return (I RR) Report Via Purpose Expenditures - Verifies the internal rate of return for the investment portfolio. This report presents values the purpose expenditures by the internal rate of retu rn to the delivery date.

Randal Park Community Development District Special Assessment Revenue Bonds, Series 20 12 Summary of Rebate Calculations
$ 5,1 1 5,000.00

Dated: Delivered:

06/05/2012 
06/05/2012 

Anniversary Date• . . . . . . . . , . . . . . . . . . . . . . • . . . . . . . . . . . . . . . . . . . . . . . . . . .	11 /01 /201 2	
Future-Value Date. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . . . . . . .	05/31 /201 9	
Arbitrage Yield Limit. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .	6.7301475	
Total ofPurpose Expenditures. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .	$4,647,971 .00	
Internal Rate ofReturn. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .	0.3591 254	
90% ofrebate iiabili!J. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .	-$292,270.57	
J:u/1 rebaie liability. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 	-$324,745.08	

RANDJ>J.PARK12,2012-A I FY: 1 1 Muo-EaseElevateMainDb l 16.951 EOB 1 10/30/2019 1 15:10 I Rp\42
Grau & Associates
Grau & Associates CPAs

Page	·1

Randal Park Community Development District	Dated:	06/05/2012 
Special Assessment Revenue Bonds, Series :m 12	Delivered:	06/05/2012
Purpose Expenditures Future Value Report	Futlire Valued To:	05/31 /2019 
$ 5, 1 1 S,000.00
Transaction	Group  Fund	Future Value  CakulatilJn Amt	FV	FV
Date	lD        I      D		Description	Periods	(1-nl. Earnings)	Pool %	Factor	Amount
6/5/2012	-1	COi	Beg. Arbitrage Gross Proceeds	13.9777778	-5,036;755;60	1 00.0000000	1.5882324	•7,999,538.31	
6/5/2012	0	COi	13 .9777778	168,730.00	1 00.0000000	l.5882324	267,982.45	
6/5./2012 	0	Underwriter discount	13.9777778	99,743.00	100.0000000	1.5882324	158,41 5.06	
6/6/20 12	0	cor	13 .9722222	5,500.00	1 00. 0000000	1.5879404	8,733.67	
6/26/2012 	0	COi	13.861 1111 	3,273.00	1 00.0000000	1.58211 15 	5, 178.25	
7/10/2012	0	Construction	13.7833333	1,868,851 .00	100.0000000	1.578044 1	2,949, 1 29.29	
7/27/2012 	0	Construction	13 .6888889	382,762:00	100.0000000	1.5731191 	602, 1 30.22	
8/l/20 12	0	Reserve	13.6666667	3.00	100.0000000	1.5719625	4.72	
9/4/20 12 	0	Reserve	13.483333'.l	3.00	100.0000000	l.562453 1	4.69	
9/20/2012	0	Construction	13.3944444	688.00	100. 0000000	155786)2	1,071.81	
l0/1/201,2	0	Reserve	13.3333333	4.00	100.0000000	1.5547155 	6.22	
1 0/1 2/2012	0	Construction	13.2722222	1,870,269.00	100.0000000	1.5515741	2,901 ,860.91	
1 0/26/20 i2 	0	Construction	13.1 944444	195.00	100.0000000	1.547585 1	301.78	
1 1/1/20 12	0	Cap.int	13.1 666667	134,274.00	100.0000000	1.5461630	207,609.49	
1 1/1/20 12 	0	Reserve	13.1666667	5.00	1 00.0000000	l.5461630		
12/3/20 1.2	0	Reserve	12.9888889	4.00	100.0000000	1.5370923	6. 15 	
1 2/31/2012	0	Construction	12.8388889	105,220.00	100:0000000	1.5294802	1 60,93 1.91	
1/2/20 13 	0	.Reserve	12.8277778	3.00	1 00.0000000	J.5289179	4.59	
2/1/2013 	0	Reserve	12.6666667	3.00	100.0000000	1.5207869	4.56	
3/1/20 13	0	Reserve	12.5000000	3.00	1 00. 0000000	l.5 124211 		
3/27/2013	0	Cap int	12.3555556	6.00	100.0000000	1.5052080	9.03	
3/27/2013	0	Reserve	12.3555556	3.00	100.0000000	1.5052080	4.52	
4/1/2013	0	Reserve	12.3333333	3.00	100.0000000	1.5041013	4.5 1	
5/1/2013 	0	Reserve	12.1 666667	3.00	100.0000000	1.4958273		
6/3/2013 	0	Reserve	11 .9888889	3.00	100.0000000	l.4870519 	4.46	
7/1/2013	0	Reserve	11 .8333333	3.00	1 00.0000000	1.4794 156 	4.44	
2/4/2016 	2016	Construction	6.6500000	1.00	100.0000000	1.2461947	1.25	
3/16/20 16 	201 6	Reserve	6.4166667	199.00	100.0000000	l.2366079	246.08	
9/22/2016	2017 	Reserve	5.3833333	411 .00	1 00.0000000	I. i950307	491.16 	
3/16/2017 	20.1 7	Reserve	4.4166667	628.00	100.0000000	1.1 574024	726.85	
9/29/2017 	2018	Reserve	3.3444444	-2,297 00	100.0000000	1.1 1 70496	-2,565.86	
.3/1 5/20 18 	2018	Reserve	2.4222222	2,013 .00	100.0000000	1 .0834692	2, 181.02	
6/22/201 8	2019 	Reserve	1 .8833333	2,994.00	1 00.0000000	1 .0643 162	3, 186.56	
10/1/2018 	2019	Reserve	1.3333333	274.00	100.0000000	1.045 1174	286.36	
3/2 1/2019	2019	Reserve	0.3888889	4, 194.00	1 00.0000000	l.0 129542	4,248;33	
5/3 1/2019 	-. 1	Unspent Proceeds as of0S/3 1/2019 	0.0000000	402,572.00	100.0000000	1.0000000	402,572.00	
				13,787.40			-324,745.08	

4.49

Arbiirage .Yield limit {AYL) ...............	6.7301475
Internal RaJe ofReJurn (/RR) ..............	0.3591 254
Future Valued To.. •• . . • , ••..•• , . . . • ......	5/31/201 9

RANDA1.PARK1.2,201 2-A I  FY: 1 .1 llilun-EaseElevateMainl)b I 16,95fEDB 1 10/30/20.191 15:10 I Rpt15,
Grau & Associates
Grau & Assoc.iates CPAs

Page	1

Randal Park Community Development District	Dated:	06/05/2012
Special Assessment Revenue Bonds, Series 2012	Delivered:	06/05/2012 
A.Y.L. Verifica.tio11 Report

5, I 1 5 ,000.00

MSRB 30/360 SF.lvf.1 413

Period	Coupon Date	Principal
Pqyment	Coupon Rate	J'ntemt Pqyment	Gred. Enh./ Sinking Fund Adj	Periodic Debt Service	Presmt Vabte Fa,1or	Discounted Debt Service	
	l l/01 /2012 			134,274.36		134,274.36	0.973S 118	130,717.68	
2	0S/Ol/2013			165,543.78		165,543.78	0.941 8189	155,912.27	
3	11/01/2013	65,000.00	5.750	165,543.78		230,543.78	0.9 lll 578	210,061 .76	
4	05/01 /2014			163,675,03		1 63,675.03	0.881 4949	144,278.70	
5	11/0 1/2014
05/0 1/201 5	70,000.00	5.750	163,675.03
161 ,662.53		233,675.03
161,662.53	0.8S27976
0.82S0346	199,277. 50
133,377. 17 	
7	ll/01/201S 	70,000.00	5.750	161 ,662.53		231,662.53	0.7981 754	184,907.33	
8	0S/01/2016			1 59,650.03		1 59;650.03	0.7721906	123,280.25	
9	l l/Ol/20l6	75,000.00	5.750	159,650.03		234,650.03	0.74705 17 	175,295 71 	
10 	05/0 1/2017 			157,493.78		157,493.78	0. 7227313 	113,825;69	
11 	H/Ql/2017 	80,000.00	5.750	157,493.78		237,493.78	0. 6992026	166,056.27	
12	05/01/2018 			155,193.78		155,193.78	0.6764399	l04,979.27	
13	1 1/01/2018	85,000.00	5.750	155,193.78		240, 1 93.78	0.65441 83	157,187.20	
14	05/01/2019 			152,750.03		1 52,750.03	0.6331135 	96,708. 11 	
15 	I 1/01/2019	90,000.00	5.750	152,750.03		242,750.03	0.6 [2.5024	148,684.97	
16 	OS/01 /2020			1 50,162.53		150,162.53	0.5925622	88,980.64	
17 	1 )/0 1/2020	95,000.00	5.750	150,162.53		245, 1 62.53	0.5732712 	140,544.62	
18 	0.5/0 1./202 1			147,431.28		1 47,431.28	0.5546082	81 ,766.60	
19	1 1/01/2021	l00,000.00	5.750	147,43 1.28		247,431.28	0.5365528	132,759.96	
20	05/0 1 /2022			144,556.28		1 44,556.28	0.5190852	75,037.03	
2i	ll/Ol/2022	105,000:00	5.750	144,556;28		249,556.28	O.S021 863	125,323.74	
22	05/01 /2023			141 ,537.53		141,537.53	Q.4858375	68,764.24	
23	1 1/01/2023	ll5,000 00	6. 1 25	141,537.53		256,537.53	0.4700210 	120,578.02	
24	05/0l/2024			138,0 15.65		138,015.65	0.4547193	62,758.38	
25	1 1/0 1 /2024	125,000.00	6.125	138,015.65		263,015 .65	0.4399 158	11 5,704.75	
26	0S/0 1/2025			134,187.53		134, 187.53	0.4255943	57,1 09.44	
27	l l/Oi/2025	125,000.00	6. 125	1 34,1 87.53		259, 187..53	0.4117389	106,71 7.60	
28	05/0i/2026			1 30,359,4 1		130,359.41	0.3983347	51,926.68	
29	I 1/0 1/2026.	135,000.00	6.125	130,359.41		265,359.41	0.3853668	102,260.71 	
30	05/0 1/2027			126,225.03		1 26,225.03	0.3728211 	47;0S9.36	
31 	1 1/01 /2027	140,000.00	6. 12S	126,225.03		266,225.03	0.3606838	96,023:06	
	05/0 1/2028			121,937.53		121 ,937.53	0.3489417 	42,549.09	
33	1 1/01/2028	150,000.00	6.125	121 ,937.53		271,937.53	0.3375818 	91 ,801.16 	
34	05/0 l/2029			117,343.78		11 7,343.78	0.32�5918 	38,323 51 	
35 	1 1/0 1 /2029	160,000.00	6.125 	117,343.78		277,343.78	0.3 159595	87,629.40	
36	05/01/2030			I 12,443.78		112,443.78	0:3056734	34;371.07	
37	JJ/01/iOJO	170,000.00	6.125	1 12,443.78		282,443 .78	0.2957221	83,524.86	
38	05/01/2031			1 07,237.53		107,237.53	0.2860948	30,680. 10 	
	1 1/01/2031	180,000.00	6.125	107,237.53		287,237.53	0.2767809	79,50 1.86	
	0510 1/2032			101,725.03		101 ,725.03	0.2677702	27;238.94	
41 	11/01 /2032	190,000.00	6. 125	101,725.03		291,725.03	0.2590529	75,572.22	

6

RANOALPARK12-201 2-A I FY: 1 i Muri-EaseElevateMainpb I 16.95f EOB 110/30/201 9 I 15:2_1 1Rpt01t 
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Grau & Associates C PAs	Page	1

Randal Park Community Development District	Dated·	06/05/2012
Special Assessment Revenue Bonds·, Series 20 12	Delivered:	06/05/2012 
AY.L. Verification Report	MSRB 30/360 SEMI 4/3
5, I I 5,000.00
Coupon	Prindpal	Cqupon	lnteresJ	<:red Hnh./	Pmodit	Present Value	Discounted

Factor

Pmod	Date	Pqyment	Rate	Pqyment	Sinking Fi111dAif	Debt Servi,-e	Debt Service
42	05/01/2033	95;906,28	95,906,28	0.2506194	24,03 5.97
1 1/0 1/2033	205,000.00	6.875	95,906.28	300,906.28	0.2424604	72,957.86
05/01/2034	88,859.40	88,859.40	0.234567 1	20;843.49
4$	11/01 /203,4	21 5,000.00	6,875	88;859 40	303,859.40	0.2269307	68,955.02
46	05/01/2035	81,468.77	81 ,468.77	0.2195429	17,885.89
47	I 1/01/2035	230,000.00	6,875	l!l,468.77	31 1,468.77	0.2123956	66,1 54.60
48	05/01/2036	73,562.52	73,562.52	0.2054810	15, .1 15.70
49	ll /01/2036	250,000.00	6,875	73,562.52	323,562.52	0. 1987916	64,32 1.50
50	05/01/2037	64,968.77	64,968.77	0. 1923199	12,494.78

51

11/01/2037	265,000.00	6.875	64,968.77	329,968.77	0. 1860588	61 ,393,60
52	05/01/2038	55,859.39	55;859.39	0. 1 800016	10,054,78
53	1 1/01/2038	285,000.00	6.875	55,859.39	340,859.39	0. 1 741417	59,357.82
54	05/01/2039	46,062.5 1	46,062.5 1	0. 1684724	7,760.26

55

I I/Oi/i039	300,000.00	6,875	46,062.51	346;062.51	0, 1629878	56;403,96
56	05/01/2040	35,750.01	35,750.01	0, 1 576817	5,637,12
I I /0 1/2040	325,000.00	6.875	35,750,01	360,750.01	0. 1 S25483	55,031 .80
58	05/01/2041	24,578.13	24,578, 13	0, 147582 1	3,627,29
59	11/0 1/2041	345,000,00	6.875	24,578.13	369,578. 13	0. 1 427775	52,767.44
60	05/01/2042	12,718.75	12,71 8.75	0. 1381293	1,756,83
61	1 1/01/2042	370,000.00	6,875	12,7 18,75	382;71 8.75	0,1336325	51, 143,67
5,115,000.00	6,872,007.12	0.00	11 ,987,007.ll	5,036,756.30

True lnleresl Cost (I'JC).  , . , . . • . . . . . . . • . . .	6.5430067	Face value ofbond.Jssue. , . . . . . . , , . . . .	$6,115,000.00
Net Interest Cost (NIC). , , . . . , .  , , , . , , . . .  , .	6.61 98460	Accrued interest (+) . . . . , . , . . . . , . . . 

.............  . .6.821 3474		$0.00

Arbitrage .Yield limit (AYL) , . , . , . . . , , . . . . ,	6.7301475	Original issue premium/discount (+). , . . ,	($78;244.40)
Arbitrage Net Interest Cost (ANIC).  , . . . .	Bond suretyJee (-), , . . 
Lump-sum credii enhancements (-). . . , . . .	$0.00

 		·· · · ······ ·· · -	$5,036,756.60

OtherAYL costs (-)	,	•
= AYL Target, 

RANDALPARK12-2012-A I   FY: 1 1 Mun-EaseElevateMainDb I 16.95f·EDB I 10/3012019 I 1 5:21 I RptoH
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Grau  &  Associates C PAs	Page	2

MSRB JO/160 SEMI 4/3

Randal Park Community Development District	1
Special Assessment Revenue Bonds, Series :20 I :2
T.LC. Verification Reoort (Regular)	Doted:	6/5/2012

Period	Coupon Date	PrinciA1I
Pqymen/	C..oupon Rate	Interut Pqyment	Credit E11hancements	Periodic Debt Sert)ice	Present Value Factor	DitCQu11ted
Debt Srroice	
1	1 1/1/2012 			134,274.36		134,274:36	0.9742272	130,813.74	
2	5/1/2013			165,543.78		165,543.78	0.9433650	156,168.21	
3	1 1/1/2013	65,000.00	5.750	165,543.78	230,543.78	0.9134805	210,597.24	
			1 63,675.03	163,675.03	0.8845426	144,777.54	
5	11/1/2014	70,000.00	5.750	1 63,675.03	233,675.03	0:85652 15 	200, 147.69	
6	5/1/2015 			161 ,662.53	161,662.53	0.8293880	134,080.97	
7	11/1./2015	70,000.00	5.750	161 ,662.53	231 ,662.53	0.803 ll41 	186,051.45	
8	5/1/2016			1 59,650.03	159,650.03	0:7776725	1 24,.155.45	
9	11/1/2016	75,000.00	5.750	1 59,650.03	234,650:03.	0.7530369	176,700. 14	
10	511/2017 			157,493.78	157,493.78	0.7291817 	114,841.58	
JI 	11 /1/2017 
5/1/2018	80,000.00	5.750	1 57,493.78
1 55,193.78	237,493.78
155,1 93.78	0.7060822
0.68371 45	167;690. 13
106,108.23	
13	11/1/2018 	85,000.00	5.750	1 55,193.78	240,193.78	0.6620553	1 59,021 57	
	5/1/2019			152,750.03	152,750.03	0:6410823	97,925.34	
15	11/1/2019 	90,000.00	5.750	1 52,750.03	242,750.03	0.6207736	150,692.82	
16	5/1/2020			1 50,1 62.53	150, 162.53	0.601 l084	90,263.95	
17 	1 1/1/2020	95,000.00	5.750	150,162.53	245,162.53	0.5820661	142,700.79	
18 	5/1/2021			1 47,43 1 .28	147,43 L28	0.5636270	83,096.25	
19 	1 111/2021	100,000.00	5.750	147,431.28	247,43 1.28	0.5457720	135,041 .07	
20	5/1/2022			1 44,556.28	144,556.28	0.5284827	76,395.49	
21 	1 1/1/2022	1 05,000.00	5.750	144,556.28	249,556.28	0.5 117411 	127,708.20	
22	5/112023			141,537.53	141,537.53	0.4955298	70, 136.06	
23	1 1/112023
5/1/2024	115,000.00	6,125	1 41 ,537.53
138,015.65	256,537.53
138,01 5.65	0.4798321
0.46463 16 	1 23,094,94
64,126.44	
25	ll/l/2024	125,000.00	6.125	138,015.65	263,015.65	0.4499 127	1 18,334.09	
2�	5/1/2025			134,187.53	134, 1 87.53	0.4356601	58,460. 15 	
11/1/2025	125,000.00	6. 1 25	134,187.53	259,.187.53	0.4218590	1 09,340.58	
			130,359.41	130,359.41	0.4084950	53,251.17 	
29	Ll/1/2026	135,000.00	6. 125	1.30,359.4 1	265,359.41	().3955545	1 04,964.10 	
30	5/1/2027			126,225.03	126,225.03	0.3830238	48,347. 19	
31 	1 1/1/2027	140,000.00	6: 125	126,225.03	266,225.03	0.3708901	98,740.24	
	5/1/2028			121,937.53	121 ,937.53	0.3591408	43,792.75	
33	I 1/l/2028	1 50,000.00	6. 125	121,!>37.53	27.1,937,53	0.3477637	94,570.01	
34	5/1/2029			1 17,343.78	117,343.78	0.3367470	39,515.17 	
	11/1/2029	160,000.00	6.1 25	117,343.78	277,343.78	0.3260793	90,436.08	
36	5/112030			1 12,443.78	1 12,443.78	0.3157496	35,504.08	
31	H/1/2030	1 70,000.00	6.1 25	1 12,443.78	282,443.78	0.3057471	86,356.36	
38	5/1/2031			107,237.53	107,237.53	0.2960614 	31 ,748.89	
39	1 111/2031	1 80,000.00	6.125	107,237.53	287,237.53	0.2866826	82,345.99	
40	5/1/2032			101,725.03	101,725.03	0.2776008	28,238.95	
41 	llllli032	1 90,000.00	6.125	101,725.03	29 1 ,725,03	0.2688068	78,417.68	

5, 1 1 5,000.00	D,lii,nd:	6/  ;/'2012

4	.5/112014

12

28	5/1/2026

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Grau & Associates	Page	1
Grau & Associates C PAs

Randal Park Community Development District Special Assessment Revenue Bonds, Series 20 12 
T.I.C. Verification Reoort (Regular)
5, 1 1 5,000.00
Coupon	Prindpal	Ct111pon		[nterest Period	Date	Pqymtml		Rate	Pqyment
42	5/1/2033	95,906.28
11/1/2033	205,000.00	6.875	95,906.28
5/1/2034	88,859.40
45	ll/1/2034	21 5,000.00	6.875	88,859.40
46	5/1/2035	81 ,468.77
1 1/1/2035	230,000.00	6.875	81 ,468.77
5/1/2036	73,562.52
49	11/1/2036	250,000.00	6.875	73,562.52
so	5/1/2037	64,968.77
51	11/1/2037	265,000.00	6.875	64,968.77
52	5/1/2038	55,859.39
11/1/2038	285,000,00	6.875	55,859.39
5/1/2039	46,062.5 1
55	l l/1/2039	300,000.00	6.875	46,062.5 1
56	5/1/2040	35,750.01
57	ll/1/2040	325,000.00	6.875	35,750.01
58	5/1/2041	24,578. 13 
11/1/2041	345,000.00	6.875	24,578. 13 
60	5/1/2042	12,71 8.75
61	11/1/2042	370,000.00	6.875	12,71 8.75
5,1.15,000.00	6,872,007.12
True Interest Cost (TIC) . ....... . . . . . .	6.5430067
Net lnlerest Cost (NIC). ....... • ... ,	6.61 98460
Arbitrage  YieldLimit (A YL)	6.7301475
Arbitrage Net Interest Cost (ANIC)	6.821 3474

l MSRB 30/ 360 SEMI -I/3

Daud:	6/5/2012
Dcli«red:	6/5/2012
Credit		Periudic	Present Value		Discounted Enhancements	Debt SmJue		Factor	Debt Service
95,906.28	0.2602914	24,963.58
300,906.28	0.2520457	75,842.13
88,859AO	0.2440612	21 ,687.13 
303,859.40	0.2363297	71,811.00
81 ,468.77	0.2288431	18,643.56
311 ,468.77	0.221 5936	69,0 19.50
73,562.52	0.2 145739	15,784.59
323,562.52	0.2077764	67,228.67
64,968.77	0.20 11944	13,071 .35
329,968.77	0. 1948208	64,284.78
55,859.39	0.1886491	10,537.83
340,859.39	0. 1826730	62,265.80
46,062.5 1	0. 1 76886 1	8, 147.82
346,062.5 1	0. 171 2826	59,274.49
35,750.01	0. 1 658566	5,929.38
360,750.01	0.1606025	57,937.35
24,578.13	0. 1 555 148	3,822.26
369,578. 13	0. 1 505883	55,654.15 
12,71 8.75	0. 1458 179	1,854.62
382,71 8.75	0. 1411 986	54,039.34

   0.00         ll,987,007. .12	5,136,498. 10
Face value ofbond Issue. .. ... ......... .    $5,115,000.00

($78,244.40).  .  .  .  .  .  

Accrued interest (-4J .......... ... . . . . . .
Original Issue premiumldiscuunt (+)

Bond sureJyfee (·) .... . .... . ...	N/A

Underwriter discount (+) .......... ..... $99,742.50 lump-sum credit enhancements (-) , ...... .	$0.00 Other TIC costs (-) .................... 
, TIC Target . . ... . ..	$5,1 36,498.10

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Grau & Associates C PAs

Randal  Park  Community Development District	Dated:	06/05/2012
Special Assessment Revenue Bonds, Series 20 12	Delivered:	06/05/2012
Unspent Proceeds Report
$ 5, 1 15 ,000.00

Cale	G,p	F1111d	Gro.rs	Pool	J\;011pu,pose	P,npose	Unspent
  Dat          e	   JD	Pu,p	ID	Deimptio11	Amo1111I	Pen:f11/age          lnvestment	Expenditures   	Protteds
06/05/2012	-1   N	COi	Beg. Arbitrage Gross Proceeds	I 00.0000000	5,036,755.60
06/05/2012	0	y	COi	168,730.00	I 00.0000000	168,730.00	4,868,025.60	
06/05/2012	0	y	Underwriter discount	99,743.00	100.0000000	99,743.00	4,768,282.60	
06/06/2012	0	y	COl	5,500.00	100.0000000	5,500.00	4,762,782.60	
li6n6120 l2	0	y	COi	3,273.00	100.0000000	3,273.00	4,759,509.60	
07/10/2012	0	y	Construction	l,868,851.00	100.0000000	1,868,851.00	2,890,658.60	
07127/2012	0	y	ConsbUction.	382,762.00	100.0000000	382,762.00	2,507,896.60	
08/01/2012	0	y	Reserve	3.00	100.0000000	3.00	2,507,893,60	
09/04/2012 	0	y	Restive	3.00	I 00.0000000	3.00	2,507,890.60	
09/20/2012	0	y	ConsbUction	688.00	I00.0000000	688 00	2,507,202.60	

1 0/01/2012	a	y	Reserve	4.00	100.0000000	
4.00	
2,507,198.60	
I O/l2/20li	0	y	ConsbUction	1,870,269.00	100.0000000	1 ,870,269.00	636,929.60	
10/26/2012	0	y	ConsbUction	195.00	I 00.0000000	195.00	636,734.60	
11/01/2012	0	y	Cap int	134,274.00	1 00.0000000	134,274.00	502,460.60	
11 /01/2012	0	y	Reserve	5.00	I 00.0000000	5.00	502,455.60	
1 2/03/2012	0	y	Reserve	4.00	100.0000000	4.00	502,451 .60	
12/3 Ji20l2	0	y	Construction	105,220.00	I00.0000000	1 05.220.00	397,231.60	
01/02/20 13 	0	y	Reserve	3.00	I 00.0000000	3.00	397,228.60	
02/01/2013	0	y	Reseive	3.00	I 00.0000000	3.00	397,225.60	
03/01/2013	0	y	Reseive	3.00	I 00.0000000	3.00	397,222.60	
03/27/20.13	0	y	Cap int	6.00	100.0000000	6.00	397,216.60	
03/27/2013	0	y	Reserve	3.00	I 00.0000000	3.00	397,213.60	
04/0 1/2013	0	y	Reseive	3.00	I 00.0000000	3.00	
397,210.60	
OS/01/2013	0	y	Reserve	3.00	100.0000000	J.00	397,207.60	
06/03/2013	0	y	Reseive	3.00	I 00.0000000	3.00	397,204.60	
07/01/2013	0	y	Rescive	3.00	100.0000000	3.00	397,201.60	

02/04/2016 	2016	y	ConsbUction	1 .00	100.0000000	I.OD	
397,200.60	
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Randal Park Community Development District Special Assessment Revenue Bonds, Series 20 12 Unspent Proceeds Report
$ S, 1 1 S,000.00
Cale	Grp	Ftmd	Gross	Pool

Dated: Delivered:

Nonp11,po1e	Purpose

06/05/2012 
06/05/20 12 

Unspe111

Date	ID	P11,p	ID	Pemiption	Amo11nl	Pemntage	T,w,stment	Expendittmi	ProceedJ	
03/1 612016	2016	y		Reserve	199.00	100.0000000		199.00	397,00 1 .60	
0912212016	2017	y		Reserve	411 .00	I00.0000000		411.00	396,590.60	
03/1612017	2017	y		Reserve	628.00	100.0000000		628.00	395,962,60	
09/29/2017	2018	y		Reserve	-2,297.00	100.0000000		-2,297.00	398,259.60	
03/)S12018	2018	y		Reserve	2,013.00	100.0000000		2,013.00	396,246.60	
06/22/2018	2019	y		Reserve	2,994.00	100.0000000		2,994.00	393,252.60	
10/01/2018	2019	y		Reserve	274.00	I 00.0000000		274.00	392,978.60	
0312112019	2019	y		Reserve	4,1 94.00	100.0000000		4,194.00	388,784.60	
					4,647,971.00		0.00	4,647,971..00		

First Investment Date. ........ . . . .. .. . . . . . . . . .
Calculation Date . . ... . . . . . . . . . . . . . . .... , ... .
Arbitrage Yield Limit (A YL).  . . . . . . . . . . . . . . . . . . .

6/5/2012 
5/31./2019
6.7301475

  Internal Rate ofRetur n (IRR) 	0.359125    4	

RANDALPARK12-201 2-A I FY: 1 1 Mun-EaseElevateMainDb I 16.95f EDB I 1 0/30/2019 I 15:10 I Rpt11
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Randal Park Community Development District
Special Assessment Revenue Bonds, Series 2012 
I.R.R. Report Via Purpose Expenditures

Dated:	06/05/2012
Delivered:	06/05/2012

5,499.95

$ 5, 1 1 5,000.00	

Grp
ID	
Trans
.Date	rund
ID	

DescriptiM	Dtry Co,mt Factor	Cale11/ation Ami (Interest Earnings)	P()()/
Pctg	** Internal Rate of&t11rn **
PVFactor	PVAmt	
-1 06/05/2012	Beg. Arbitrage Gross Proceeds	0.0000000	(5,036,755.60) 100.000	1.0000000	(5,036.755.60)	
0 06/05/1012	COi	0.0000000	168,730.00	100.000	1.0000000	168,730.00	
06/05/2012	Underwriter discoun_l	0.0000000	99,743.00	100.000	1.0000000	99,743.00	
06/06/2012	COi	0.0055556	5,500.00	100.000	0.9999900		
06/26/2012	COi	O.U66667	3,273.00	100.000	0.9997907	3,272.32	
07/10/2012	Construction	0.1944444	1,868,85 1 .00	100.000	0:9996512	1,868,199.19 	
07/21/2012 	Construction	0.2888889	382,762.00	100.000	0.9994819	382,5H68	
08/01/2012	Reserve	0.3 1 .1 lll I	3.00	100.000	0.9994420	3.00	
09/04/2012	Reserve	0.4944444	3.00	100.000	0.9991134	3.00	
09/20/2012	Construction	0.5833333	688.00	1 00.000	0.9989540	687.28	
1 0/01/2012	Reserve	0.6444444	4.00	100.000	0.9988445	4.00	
1 0/12/2012	Construction	0.7055556	1,870,269.00	1 00.000	0.9987350	1,867,903.15	
1 0/26/2012	Construction	0.7833333	195.00	100.000	0.9985957	1 94.73	
1 1/01/2012	Cap int	0.811 1 l ll	134,274.00	100.000	0.9985459	134,078.75	
ll/01 /2012	Reserve	0.81 ] 11 11 	5.00	100.000	0.9985459	4.99	
12/03/2012	Reserve	0.9888889	4.00	100.000	0.9982275		
12/3 1/20]2	Construction	l. l444444	105,220.00	100.000	0.9979490	105,004. 19	
0 1/02/2013	Reserve	1.1500000	3.00	100.000	0.9979390	2.99	
02/01/2013	Reserve	1.31 111 11 	3.00	100.000	0.9976506	2.99	
03/01/2013	Reserve	1 ;4777778	3.00	100.000	0.9973524	2.99	
03/27/2013 	Reserve	1 .6222222	3.00	100.000	0.9970939		
03/27/2013	Cap int	1.6222222	6.00	100.000	0.9970939	5.98	
04/01/2013	Reserve	1 .6444444	3.00	100.0()0	0.9970542	2.99	
05/01/2013	Reserve	l.81 11111 	3.00	100.000	0.9967561	2.99	
06/03/201 3	Reserve	1.9888889	3.00	1 00.000	0.9964383	2.99	
07/01/2013	Reserve	2.1444444	3.00	1 00.000	0.9961602	2.99	
2016 oi/0412016	Construction	7.3277778	1.00	100.000	0.9869399	0.99	
03/1 6/2016	Reserve	7.561 lll I	199.00	100.000	0.9865268	196.32	
20 I 7 09/22/2016	Reserve	8.5944444	411 .00	I00.000	0.9846997	404.71	
03/16/2017	Reserve	9.5611111 	628.00	100.000	0.9829935	617.32	
2018 09/29/2017	Reserve	10.6333333	(2,297.00)	100.000	0.9811044	(2,253.60)	
03/15/2018 	Reserve	11 .5555556	2,013.00	100.000	0.9794825	1,971 .70	
2019 06/22/2018	Reserve	12.0944444	2,994.00	1 00.000	0.9785361	2,929.74	
1 0/01/2018	Reserve	12.6444444	274.00	100.000	0.9775710	267.85	
03/21/2019	Reserve	13.5888889	4,194.00	100 000	0.9759161	4,092,99	
99999  05/31/2019	Unspent Proceeds as of OS/3 1/2019 	13.9777778	402,572.00	100.000	0 9752354	392,602.48	
			13,787.40			0.02	

Arbitrage Yield Limit ....• , ..... .... .
lnternal /laJe ofRetun1 ..... .. ....... 

6.7301475
0.3591254

3.99

Calculation Standard	MSRB 30/360 SEMI 4/3

RANDALPARK12-2012-A .I FY: 1 I Mun-EaseElevateMainDb I 16.95f EDB 1 1 0/30/2019 1 15:10 I Rpto8<
Grau & Associates	Page	1
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