Myakka Ranch
Community Development District
12051 Corporate Blvd., Orlando, FL 32817
Phone: 407-382-3256, Fax: 407-382-3254

The regular meeting of the Board of Supervisors of the Myakka Ranch Community Development District is scheduled for Tuesday, May 9, 2017 at 11:00 a.m. at the office of AM Engineering: 8340 Consumer Comi, Sarasota, FL 34240.

Call in number: 1-877-864-6450 Participant Code: 974058

Board of Supervisors Meeting Business Matters
•	Call to Order
•	Roll Call
•	Public Comment Period
1.	Swearing in
2.	Consideration of the Minutes of the March 10, 2017 Board of Supervisors Meeting
3.	Consideration of Resolution 2017-04, Approving a Preliminary Budget for Fiscal Year 2018 and Setting Public Hearing Date
4.	Consideration of Funding Request Nos. 99 - 101
5.	Statement of District's Financial Position

Other Business
•	Staff Reports
o	Attorney
o	Engineer
o	Manager

•	Audience Comments and Supervisors Requests

Adjournment

MYAKKA RANCH COMMUNITY DEVELOPMENT DISTRICT

Minutes­ March 10, 2017
Board of Supervisors Meeting

MINUTES OF MEETING

MYAKKA RANCH
COMMUNITY DEVELOPMENT DISTRICT
Board of Supervisors Meeting Friday, March 10, 2017
Tlte Office of AM Engineering,
8340 Consumer Court,
Sarasota, FL 34240
11:0SA.M.

Present and constituting a quorum:

Canie Morgan Stephanie Richardson Christina Southwick Charlie Riger

Also present were:

Jill Burns Wes Haber Patricia Buck Debora Orsi Jennifer Orsi Michelle Orsi Herb Lawson

FIRST ORDER OF BUSINESS

Board Member Board Member Board Member Board Member

Fishkind & Associates, Inc. Hopping Green & Sams Replacement Board Member Replacement Board Member Replacement Board Member Replacement Board Member Replacement Board Member

Business Matters

Call to Order and Roll Call

Ms. Burns called to order the meeting of the Board of Supervisors of the Myakka Ranch Community Development District and proceeded with roll call. Ca1Tie Morgan, Stephanie Richardson, Christina Southwick, and Charlie Riger were present, constituting a quorum. Others in attendance are outlined above.

Public Comment Period

There were no comments or questions.

Swearing	in	Newly	Elected Supervisors

The District had a landowner's Election in November and has not met since. The Board Members who were elected at that meeting need to be sworn in. Ms. Southwick and Mr. Riger were administered the Oath of Office.

Consideration	of	Letter	of Resignation from Steve Lawson

Ms. Burns received a letter of resignation from Mr. Lawson. She requested a motion to accept his letter of resignation.

On MOTION by Ms. Southwick seconded by Ms. Richardson, with all in favor, the Board accepted the letter ofresignation from Mr . Lawson.

Ms. Burns requested a motion to nominate someone to fill the vacant seat.

On MOTION by Ms. Southwick, seconded by Ms. Morgan, with all in favor, the Board appointed Jennifer Orsi to the vacant seat.

Ms. Burns administered the Oath of Office to Ms. J. Orsi.

Transfer of Board Members

Ms. Richardson resigned from the Board. Ms. Burns requested a motion to accept her resignation.

On MOTION by Mr. Riger, seconded by Ms. Southwick, with all in favor, the Board accepted the resignationof Ms. Richardson

Ms. Burns noted that there is now a vacancy and requested a motion to replace Ms. Richardson.

On MOTION by Ms. Southwick, seconded by Mr. Riger, with all in favor, the Board appointed Ms. Patricia Buck to the vacant seat.

2

Ms. Bmns administered the Oath of Office to Ms. Buck. Ms.

Morgan resigned from the Board. Ms. Bmns requested a motion to accept the resignation of Ms. Morgan.

On MOTION by Ms. Southwick, seconded by Mr. Riger with all in favor, the Board accepted the resignation of Ms. Morgan.

Ms. Bums noted that there is now a vacancy and requested a motion to replace Ms. Morgan.

On MOTION by Ms. Southwick, seconded by Mr. Riger, with all in favor, the Board appointed Ms. Deborah Orsi to the vacant seat.

On MOTION by Ms. Buck, seconded by Ms. J. Orsi, with all in favor, the Board accepted the resignation of Mr. Riger.

Ms. Burns administered the Oath of Office to Ms. D. Orsi. Mr. Riger resigned from the Board.

Ms. Bums noted that there is now a vacancy and requested a motion to replace Mr. Riger.

On MOTION by Ms. Southwick, seconded by Mr. Riger, with all in favor, the Board appointed Ms. Julie Vital to the vacant seat.

Ms. Vital is not present and will be administered the Oath of office at a later date.

Ms. Southwick resigned from the Board. Ms. Burns requested a motion to accept the resignation of Ms. Southwick.

3

On MOTION by Ms. J. Orsi, seconded by Ms. Buck, with all in favor, the Board accepted the resignation of Ms. Southwick

Ms. Bums noted that there is now a vacancy and requested a motion to replace Ms. Southwick.

On MOTION by Ms. J. Orsi, seconded by Ms. Buck, with all in favor, the Board appointed Ms. Michelle Orsi to the vacant seat.

Ms. Bums administered the Oath of Office to Ms. M. Orsi. Ms. Burns explained the forms that were included with the Supervisors' packages. Ms. Burns explained Form 1, the financial form and the W9 fo1m if they choose to receive compensation. Ms. Burns asked the Board Members to fill out a fmm for contact info1mation for her office or to email her with their information so they can be added to website.

Mr. Haber explained the Sunshine Law to the Board and the Public Record Law. Mr. Haber also explained the Code of Ethics which relates to potential conflicts of interest and he gave an example of a potential conflict of interest and indicated that a Board Member should acknowledge the conflict and refrain from voting. He said that if they have any question about whether a particular vote may be a conflict they can bring it to Ms. Bums attention or to his attention and they can walk the Board members through whether they should vote or not. There were no questions from the Board Members.

Consideration of the Minutes of the September 13, 2016 Board of Supervisors' Meeting

Ms. Burns noted that this Board was not at the previous meeting but stated that the minutes were an accurate reflection of what took place. A Board Member asked if they needed to choose a Chair and Vice Chair first and Ms. Bums explained that is on the agenda under item 7 in their agenda package.

On MOTION by Ms. J. Orsi, seconded by Ms. Buck, with all in favor, the Board approved the minutes of the September 13, 2016 Board of Supervisors' Meeting.

4

Consideration of the Minutes of the November 14, 2016 Landowners' Election

Ms. Burns noted that this was an accurate reflection of that meeting. Ms. J. Orsi asked if the cmTent Board got paid. Ms. Bums confirmed that they receive compensation.

On MOTION by Ms. J. Orsi, seconded by Ms. Buck, with all in favor, the Board approved the minutes of the November 14, 2016 Landowners' Election.

Consideration of Resolution 2017- 01, Canvassing and Certifying the Results of the Landowners' Election

Ms. Bums explained that a Landowners' Election was held on November 14, 2016 and this resolution certifies the results of that election. Ms. Bmns requested a motion to approve Resolution 2017-01.

On MOTION by Ms. J. Orsi, seconded by Ms. Buck, with three in favor, the Board approved Resolution 2017-01, Canvassing and Ce1iifying the Results of the Landowners' Election.

Consideration of Resolution 2017- 02, Electing District Officers

Ms. Bums suggested the Board nominate each of the District Officers and then approve the resolution as a whole. Ms. Burns explained that there are already names filled in as District officers which are members of the District Manager's Office so that they can process the checks and be authorized to sign the checks. Ms. Burns requested nominations for Chair, Vice Chair and Assistant Secretaries. Ms. J. Orsi will serve as Chair, Ms. M. Orsi will serve as Vice-Chair and the remaining Board Members will serve as Assistant Secretaries.

On MOTION by Ms. J. Orsi, seconded by Ms. Buck, with all in favor, the Board approved Resolution 2017-02, Electing District Officers.

5

Consideration of Resolution 2017- 03, Prompt Payment Policies

Mr. Haber explained that a lot of the resolution is already required by Statute but the statute is silent as it relates to how a potential dispute between aa District Contractor and a District would be addressed so this resolution covers how a potential dispute would be addressed. There were no additional questions. Ms. Burns requested a motion to approve Resolution 2017-03.

On MOTION by Ms. M. Orsi, seconded by Ms. Buck, with all in favor, the Board approved Resolution 2017-03, Prompt Payment Policies.

Consideration of Budget Funding Agreement

An estimated budget is attached which outlines the basic fees and is for two years. The Developer Funding Agreement would fund the inactive District for two years. There were no questions. Ms. Bruns requested motion to approve the Budget Funding Agreement.

On MOTION by Ms. J. Orsi, seconded by Ms. Buck, with all in favor, the Board approved Budget Funding Agreement.

Consideration	of Requests No. 84-98

Funding

The Board reviewed Funding Request Nos. 84-98. Ms. Burns noted that these are regular District invoices that have been funded to this point. These are go back to 2014 that have not been paid but the money has been received and now authorizing payment. Ms. Burns requested a motion to approve Funding Request No. 84-98.

On MOTION by Ms. M. Orsi, seconded by Ms. Buck, with all in favor, the Board approved Funding Request Nos. 84-98.

Statement	of   District	Financial Position

6

There is no action that is required by the Board.

SECOND ORDER OF BUSINESS		Other Business Staff Reports

Attorney­ Engineer­ Manager-

No Report Not Present
The next meeting is scheduled for Tuesday March 14, 2017 and will be cancelled. Ms. Bums noted that the current meeting schedule is the 2nd Tuesday of each month at 11:00
a.m. at this location.

THIRD ORDER OF BUSINESS		Audience	Comments Supervisors Requests

and

There were no audience comments or Supervisor requests.

FOURTH ORDER OF BUSINESS	Adjournment

Ms. Burns asked if there was any other business. Hearing none she requested a motion to adjourn.

On MOTION by Ms. J. Orsi, seconded by Ms. M. Orsi, with all in favor, the March 10, 2017 meeting of the Board of Supervisors of the Myakka Ranch Community Development District was adjourned.

Secretary/Assistant Secretary	ChairNice-Chair

7

MYAKKA RANCH COMMUNITY DEVELOPMENT DISTRICT

Resolution 2017-04,
Approving a Preliminary Budget for Fiscal Year 2018 and Setting Public Hearing Date

RESOLUTION 2017-04

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE MYAKKA RANCH COMMUNITY DEVELOPMENT DISTRICT APPROVING PROPOSED BUDGET(S) FOR FISCAL YEAR 2017/2018 AND SETTING A PUBLIC HEARING THEREON PURSUANT TO FLORIDA LAW; ADDRESSING TRANSMITTAL, POSTING AND PUBLICATION REQUIREMENTS; AND PROVIDING AN EFFECTIVE DATE.

WHEREAS, the District Manager has heretofore prepared and submitted to the Board of Supervisors ("Board") of the Myakka Ranch Community Development District ("District") prior to June 15, 2017, proposed budget(s) ("Proposed Budget") for the fiscal year beginning October 1, 2017 and ending September 30, 2018 ("Fiscal Year 2017/2018"); and

WHEREAS, the Board has considered the Proposed Budget and desires to set the required public hearing thereon.

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

1.	PROPOSED BUDGET APPROVED. The Proposed Budget prepared by the District Manager for Fiscal Year 2017/2018 attached hereto as Exhibit A is hereby approved as the basis for conducting a public hearing to adopt said Proposed Budget.

2.	SETTING A PUBLIC HEARING. A public hearing on said approved Proposed Budget is hereby declared and set for the following date, hour and location:

DATE:

_	_	_	_	_	_

_	_	_	, 2017

HOUR:		 LOCATION:	 	

3.	TRANSMITTAL OF PROPOSED BUDGET TO LOCAL GENERAL PURPOSE GOVERNMENT. The District Manager is hereby directed to submit a copy of the Proposed Budget to Sarasota County at least 60 days prior to the hearing set above.

4.	POSTING OF PROPOSED BUDGET. In accordance with Section 189.016, Florida Statutes, the District's Secretary is further directed to post the approved Proposed Budget on the District's website at least two days before the budget hearing date as set forth in Section 2, and shall remain on the website for at least 45 days.
1.	
5.	PUBLICATION OF NOTICE. Notice of this public hearing shall be published in the manner prescribed in Florida law.

6.	EFFECTIVE DATE. This Resolution shall take effect immediately upon adoption.

PASSED AND ADOPTED TIDS 8th DAY OF MAY, 2017.

ATTEST:	MYAKKA RANCH COMMUNITY DEVELOPMENT DISTRICT

Secretary

By:
Its:

EXHIBIT A
Myakka Ranch Community Development District
Proposed Fiscal Year 2018 Annual Operations & Maintenance Budget

Adopted  FY 2016	Actual through  3/31/17	Proposed FY 2018 Budget			Budget

Revenues

Developer Contributions	$242,640.00	$7,834.97	$35,550.00	
Net Revenues	$242,640.00	$7,834.97	$35,550.00	

General & Administrative Ex12enses				
Supervisor Fees	12,000.00	4,000.00	2,000.00	
Engineering Fees	50,000.00	35,676.70	5,000.00	
District Counsel	35,000.00	30,940.77	7,500.00	
Trustee Fee	5,000.00	0.00	0.00	
Dissemination Agent	5,000.00	0.00	0.00	
Audit Fees	5,500.00	2,400.00	2,750.00	
Arbitrage Fee	1,200.00	0.00	0.00	
Assessment Roll Fee	5,000.00	0.00	0.00	
District Management Fees	20,000.00	18,333.37	10,000.00	
Telephone	200.00	92.89	100.00	
Postage	150.00	137.16	25.00	
Public Official Insurance	2,500.00	0.00		
General Insurance	5,665.00	5,389.37	5,500.00	
Copies	200.00	0.00	100.00	
Travel & Per Diem	2,000.00	0.00	250.00	
Legal Advertising	4,000.00	573.41	500.00	
Office Supplies	200.00	152.12	0.00	
Website Maintenance Fee	900.00	825.00	900.00	
Dues, Licenses & Fees	175.00	175.00	175.00	
Bank Fees	250.00	84.90	250.00	
Miscellaneous Charges	2,500.00	11.63	500.00	
Street lights - Electric	18,000.00	0.00	0.00	
Lake Bank Maintenance	7,200.00	0.00	0.00	
Wetland Mitigation & Monitoring	60,000.00	0.00	0.00	
Total General & Administrative Expenses	$242,640.00	$98,792.32	$35,550.00	

MYAKKA RANCH COMMUNITY DEVELOPMENT DISTRICT

Funding Requests 99 - 101

MYAKKA RANCH
COMMUNITY DEVELOPMENT DISTRICT

Funding Request No. 99
3/20/2017

Please make check payable to: Myakka Ranch CDD
12051 Corporate Blvd. Orlando, FL 32817

Attn: Steve Lawson (steve@windhamdevelopment.com)

Item
No.	Payee	Invoice
No.	General
Fund	Construction
Fund	

1	

Fishkind & Associates,lnc.
OM Fee and Reimb. - 2017.03	

20254	

$1,742.65		
2	Supervisor Fees - March 10, 2017				
	Christina Southwick		$200.00		
	Carrie Morgan		$200.00		
	Charles Riger		$200.00		
	Stephanie Richardson		$200.00		
3	Business Observer				
	Lega l Ad - 03.10.2017	17-00677S	$46.75		
	Lega l Ad - 03.14.2017	17-00678S	$46.75		
4	IPFS Corporation
Insurance DUE 04/01/2017	

GAA-563574-4	
$465.26		
			
$3,101.41	
$0.00	
		TOTAL	$3,101.41		

Chairperson

Funding Request No. 100
4/17/2017

MYAKKA RANCH COMMUNITY DEVELOPMENT DISTRICT

Item	Attn: Steve Lawson (steve@windhamdevelopment.com)

Payee	

Invoice	

General	

Construction	
No,		No.	Fund	Fund	

1	IPFS Corporation
Insurance DUE 05/01/2017	GAA-563574-5	$465 .26
 	-	
$465.26	$0.00

TOTAL	$465.26

Chairperson

Funding Request No. 101
4/17/2017

Ite No.

MYAKKA RANCH COMMUNITY DEVELOPMENT DISTRICT

1	Supervisor Fees - March 10, 2017
Jennifer Orsi	$200.00
Michelle Orsi	$200.00
Patricia Buck	$200.00
Deborah Orsi	$200.00
2	Hopping Green & Sams
Legal Services thru 02.28.17	93140	$327.50

$1,127.50	$0.00

TOTAL	$1,127.50

Chairperson

MYAKKA RANCH COMMUNITY DEVELOPMENT DISTRICT

District Financial Statements

Myakka Ranch Community Development Distr
Statement of Financial Position As of 3/31/2017

General Fund

Assets

Current Assets

General Checking Account	$228.46	
Accounts Receivable - Due from Developer	3,101.41	
Total Current Assets	$3,329.87	

Total Assets	$3,329.87

Liabilities and Net Assets

Current Liabilities		
Accounts Payable	$3,101.41	
Deferred Revenue	3,101.41	
Deferred Revenue		
Accounts Payable		
Total Current Liabilities	$6,202.82	

Total Liabilities	$6,202.82

Net Assets
Net Assets, Unrestricted	($50,325.65)	
Net Assets - General Government	(76,932.2 1)	
CurrentYear Net Assets - General Government	124,384.91	

Net Assets, Unrestricted

Total Net Assets	($2,872.95)

Total Liabilities and Net Assets	$3,329.87

Myakka Ranch Community Development Distr
Statement of Activities As of 3/31/2017

General Fund	Construction Fund
Revenues

Developer Contributions	$163,405.56		
Total Revenues	$163,405.56	$0.00	

Expenses

Supervisor Fees	$800.00		
Insurance	3,820.00		
Management	10,000.02		
Engineering	11,360.00		
District Counsel	12,091.28		
Audit	0.00		
Telephone	0.66		
Postage & Shipping	56.93		
Legal Advertising	266.76		
Bank Fees	0.00		
Miscellaneous	0.00		
Office Supplies	0.00		
Web Site Maintenance	450.00		
Dues, Licenses, and Fees	175.00		
Total Expenses	$39,020.65	$0.00	

Other Revenues (Expenses) & Gains (Losses)

Total Other Revenues (Expenses) & Gains (Losses)	$0.00		$0.00	

Change In Net Assets	$124,384.91		$0.00	

Net Assets At Beginning Of Year	
($75,544.11)		
($84,280.45)	

Net Assets At End Of Year	

$48,840.80		

($84,280.45)	

Myakka Ranch Community Development District
Budget to Actual
For the period of 10/1/2016 Through 3/31/2017

	Actual	Year to Date Budget	Variance	FY 17 Budget	

Re					
Developer Contributions	$163,405.56	$121,320.00	$42,085.56	$242,640.00	
Net Revenues	$163,405.56	$121,320.00	$42,085.56	$242,640.00	

General & Administrative Ex12enses					
Supervisor Fees	$800.00	$6,000.00	$(5,200.00)	$12,000.00	
General Insurance	3,820.00	2,832.50	987.50	5665.00	
Trustee Services	0.00	2,500.00	(2,500.00)	5000.00	
District Management	10,000.02	10,000.00	0.02	20000.00	
Engineering	11,360.00	25,000.00	(13,640.00)	50000.00	
Dissemination Agent	0.00	2,500.00	(2,500.00)	5000.00	
District Counsel	12,091.28	17,500.00	(5,408.72)	35000.00	
Assessment Administration	0.00	2,500.00	(2,500.00)	5000.00	
Audit	0.00	2,750.00	(2,750.00)	5500.00	
A bitrage Calculation	0.00	600.00	(600.00)	1200.00	
Travel and Per Diem	0.00	1,000.00	(1,000.00)	2000.00	
Telephone	0.66	100.00	(99.34)	200.00	
Postage & Shipping	56.93	75.00	(18.07)	150.00	
Copies	0.00	100.00	(100.00)	200.00	
Legal Advertising	266.76	2,000.00	(1,733.24)	4000.00	
Bank Fees	0.00	125.00	(125.00)	250.00	
Miscellaneous	0.00	1,250.00	(1,250.00)	2500.00	
Office Supplies	0.00	100.00	(100.00)	200.00	
Web Site Maintenance	450.00	450.00	0.00	900.00	
Dues, Licenses, and Fees	175.00	87.50	87.50	175.00	
Wetlands Monitoring	0.00	30,000.00	(30,000.00)	60000.00	
Public Official Insurance	0.00	1,250.00	(1,250.00)	2500.00	
Lake Bank Maintenance	0.00	3,600.00	(3,600.00)	7200.00	
Streetlights -Electric	0.00	9,000.00	(9,000.00)	18000.00	
Total General & Administrative Expenses	$39,020.65	$121,320.00	$(82,299.35)	$242,640.00	

Total Expenses		$39,020.65	$121,320.00	${82,299.35)	$242,640.00 Net Income (Loss)	$124,384.91		$0,00	$124,384.91		$0.00