Poinciana West Community Development District

Agenda Package July 20, 2022

Poinciana West
Community Development District

219 E. Livingston Street, Orlando, Florida 32801 Phone: 407-841-5524 – Fax: 407-839-1526

July 13, 2022
Board of Supervisors Poinciana West Community Development District
Dear Board Members:

The Board of Supervisors of Poinciana West Community Development District will meet Wednesday, July 20,	2022  at  9:00  AM	at  the	Starlite	Ballroom,	384  Village	Drive,	Poinciana,	Florida.

Zoom Information for Members of the Public: Link: https://zoom.us/j/94240027473
Dial-in Number: (646) 876-9923
Meeting ID: 942 4002 7473
Following is the advance agenda for the meeting:
Roll Call
Pledge of Allegiance
Public Comment Period on Agenda Items
Approval of Minutes of the May 18, 2022 Meeting
Review and Acceptance of Fiscal Year 2021 Audit Report
Consideration of First Amendment to Agreement for Engineering Service
Discussion of Acquisition Agreement with Avatar Properties
Public Hearing for Fiscal Year 2023 Budget Adoption
Open Public Hearings
Presentation of Fiscal Year 2023 Budget
Public Comments Regarding Budget and Special Assessments
Consideration of Resolution 2022-02 Adopting the Fiscal Year 2023 Budget and Relating to the Annual Appropriations
Consideration of Resolution 2022-03 Imposing Special Assessments and Certifying an Assessment Roll
Close Public Hearing
Consideration of Resolution 2022-04 Authorizing the Use of Electronic Documents and Signatures
Staff Reports
Attorney
Engineer
District Manager
Approval of Check Register
Balance Sheet and Income Statement
Approval of Fiscal Year 2023 Meeting Schedule
Field Manager
Field Manager’s Report
Customer Complaint Log
Supervisor’s Requests

General Audience Comments
Other Business
Next Meeting Date – September 21, 2022
Adjournment

Sincerely,
Tricia L. Adams
District Manager

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MINUTES OF MEETING POINCIANA WEST
COMMUNITY DEVELOPMENT DISTRICT

The regular meeting of the Board of Supervisors of the Poinciana West Community Development District was held on Wednesday, May 18, 2022 at 9:00 a.m. via Zoom Communication Media Technology and in the Starlite Ballroom, 384 Village Drive, Poinciana, Florida.

Present and constituting a quorum were:

Peggy Gregory via Zoom	Chair
Roy LaRue	Vice Chairman
Dr. Maneck Master	Assistant Secretary
Joseph Clark	Assistant Secretary
Mayra Skeete via Zoom	Assistant Secretary Also present were:
Tricia Adams	District Manager
Scott Clark via Zoom	District Counsel
Kathy Leo	District Engineer
Clayton Smith	Field Manager
Residents (Present & via Zoom)

The following is a summary of the discussions and actions taken at the May 18, 2022 Poinciana West Community Development District’s Board of Supervisors Meeting.

FIRST ORDER OF BUSINESS	Roll Call
Ms. Adams called the meeting to order at 9:02 a.m. and called the roll. All Supervisors were present.

SECOND ORDER OF BUSNESS	Pledge of Allegiance
The Pledge of Allegiance was recited.

THIRD ORDER OF BUSINESS	Public Comment Period on Agenda Items
There were no public comments.

FOURTH ORDER OF BUSINESS	Approval of Minutes of the March 16,
2022 Meeting
Any Board corrections to the minutes were included in the draft minutes, which were presented in the agenda package.

FIFTH ORDER OF BUSINESS	Discussion	of	Property	Conveyance
Checklist/Procedures
Ms. Adams recalled that the District was contacted by Taylor Morrison (TM) regarding the property conveyance of stormwater to the District. The Board discussed procedures and tasks to be assigned to staff, as well as requirements and documentation that the Board would like to see to ensure the smooth transition of property. Comments from the Board regarding potential fees at last month's meeting, were incorporated in the revised draft of the Procedures for Acquisition and Acceptance of Common Area Property from Developers, which was included in the agenda package and circulated to TM for review and input. According to TM’s attorney, Mr. Jere Earlywine, Mr. Scott Clark stated that TM now wanted to convey 50 parcels to the District, from the original three parcels and for the Board to consider an Acquisition Agreement at this meeting. TM agreed with most of the procedures, with the exception of the deposit of $5,000 per parcel, which would amount to $250,000 for what they were proposing. Mr. Scott Clark recommended that the Board review the parcels and discuss at the next meeting.
Mr. LaRue questioned the engineering costs for the 50 parcels, as the costs for the three parcels discussed at the last meeting, was $15,000. Mr. Scott Clark suggested developing a cost estimate. Ms. Gregory agreed, but preferred that the attorneys negotiate the fees, as this would be the last turnover of parcels to Poinciana West CDD. Dr. Master questioned the priorities. Ms. Adams explained that the District Engineer would perform a thorough review of all the parcels and related documentation such as permits. Dr. Master questioned how three parcels turned into
50. Ms. Leo stated that the three parcels were ponds and the 50 parcels were conservation areas;

however, some parcels may or may not need to belong to the District. Ms. Leo suggested providing a not-to-exceed amount for engineering services based on a time and material basis. Ms. Gregory did not want to do anything until Mr. Scott Clark provided the go ahead. Ms. Gregory asked for separate costs for attorney and engineering, broken out by parcel ID numbers. Mr. LaRue wanted a project definition. Dr. Master requested clarification on the October 1st date for acceptance of the parcels in the agreement so there were no misconceptions. Mr. Scott Clark believed that the intent was October 1st of a specific year, not October 1st of this year to match the budget cycle, which he would incorporate into the final agreement.
After further discussion, there was Board consensus to defer this matter until District Counsel provided the agreement for Board consideration.

SIXTH ORDER OF BUSI2NESS	Consideration  of  Resolution  2022-01
Approving the Proposed Fiscal Year 2023 Budget and Setting a Public Hearing
Ms. Adams stated that all Districts were required by statute to approve a proposed budget by June 15th and transmit it to the county and post the budget in accordance with Florida Statutes. Resolution 2022-01 approved the proposed budget for Fiscal Year 2023, starting on October 1, 2022 and running through September 30, 2023 and sets the public hearing for June 20, 2022 at 9:00 a.m. at this location.
Mr. LaRue questioned the increase in Engineering. Ms. Adams explained that it was based on the annual engineer’s inspection and other historical expenses. Mr. LaRue requested the insertion of a column to the left of the budgeted amount for the actual amount for 2020 and 2021. Mr. Smith expected spending $15,000 for engineering next year due to all of the conveyance work for reviewing and coordinating with the developer. Dr. Master and Mr. LaRue preferred separate line items for the engineering and attorney work for the property conveyance for tracking purposes. Ms. Gregory suggested using $5,000 as a starting point. Ms. Leo cautioned against reducing the $15,000 for engineering as there was a learning curve to maintain the wetland and conservation. After further discussion, there was Board consensus to leave Engineering at $15,000.
Ms. Gregory worked with the auditor to negotiate Trustee Fees from $7,050 to $4,256. US Bank was charging a percentage fee for two different bonds and incidentals, which US Bank

removed. She asked District Counsel to send a demand letter to US Bank to recoup monies paid for these items.
Ms. Gregory explained why Management Fees decreased from $46,350 to $40,000. GMS charged $46,350 but it was to be reduced because Poinciana West had six meetings. Dr. Master and Ms. Gregory were happy with GMS but felt that the District should be paying half of
$46,000 for six meetings, not $40,000, as there was minimal work since the community was not new. Ms. Adams explained that the District management fees were not only for meeting attendance and there were non-meeting items such as the accounting and administrative items. There was no further flexibility in the reduced management fee. Mr. Scott Clark noted that other management companies were increasing their fees and recommended that the Board budget at the current contract amount. After a lengthy discussion, there was Board consensus to accept the reduction and leave Management Fees at $40,000.
Mr. LaRue questioned a 60% increase in Website Maintenance since the website was already set up. Ms. Adams explained that there were labor cost increases for IT and website maintenance staff and for retention of quality employees who ensured that the website was updated properly. Overall, expenses were down. Mr. LaRue wanted to look at each item individually versus overall and proposed a 10% increase versus 60% and 33% increases as the amount of work did not increase. There was Board consensus for Ms. Adams to include 10% increases for Information Technology and Website Maintenance in the next version of the budget.
Dr. Master proposed decreasing Postage from $1,250 to $1,000 as $824 was projected to be spent and decreasing Printing and Binding from $1,000 to $800. Mr. LaRue preferred to receive a hard copy agenda package to mark and highlight. After further discussion, there was Board consensus to decrease Postage from $1,250 to $1,000 and Printing and Binding from
$1,000 to $800.
The Board questioned whether they could go out to market the District’s public officials and liability insurance. Ms. Adams explained that three insurance providers provide government insurance; two were responsive, the current insurance provider and the competitor. Ms. Gregory voiced concern about the 12% increase for Insurance and asked if the District was required to carry $1 million insurance on the Treasurer, which was a GMS employee and if the District should be named as an insurer on a blanket GMS policy for their employees. Mr. Scott Clark

explained that GMS had its own policy covering their acts and omissions and there should be a certificate naming the District as an additional insured, which he requested a copy of. The District should separately have its own liability coverage. Ms. Gregory requested a copy of the
$6,778 invoice from the insurance carrier. After further discussion, there was Board consensus to leave Insurance at $6,025.
Ms. Gregory questioned the nine different accounts that US Bank managed for the District that were part of Trustee Fees. Ms. Gregory wanted to look at the bank fees charged by Truist Bank in regards to $2,400 for Other Current Charges. Ms. Adams explained that Truist Bank was approved by the Board as the District’s depository and processed the ACH payments for the Board Members rather than processing checks. She would verify the bank charges.
Dr. Master questioned if Aquatic Midge Maintenance would decrease due to the Gambusia treatment. Mr. Smith expected it to increase as the cost of products increase. Dr. Master asked if the midge treatment was expected to increase if they had the same number of properties. Mr. Smith stated that it would increase due to normal increases and the level of service was where it needed to be. Ms. Adams explained that the budget for Landscape Aquatic Maintenance and Aquatic Midge Maintenance were based on anticipated increases at the current service level, plus an additional amount for additional maintenance. There was a different Service Agreement for midge control because one of the products that they relied on was no longer available. The Board requested the following changes to the Budget:
Include 10% increases for Information Technology and Website Maintenance.
Decrease Telephone from $100 to $50.
Decrease Postage from $1,250 to $1,000.
Decrease Printing and Binding from $1,000 to $800.
Decrease Insurance from $6,778 to $6,025.
Decrease Office Supplies from $300 to $200.

SEVENTH ORDER OF BUSI2NESS	Consideration of Attorney Fees for Fiscal
Year 2023
Ms. Adams presented a letter from District Counsel requesting an adjustment in their hourly rate for Fiscal Year 2023 to $310 per hour. Mr. Scott Clark clarified that the increase was a 3% increase versus other Districts that increased by 8% to $325.

Mr. Scott Clark thanked Board for approving the rate increase and their confidence in
him.

EIGHTH ORDER OF BUSINESS	Review	and	Acceptance	of	Draft
Stormwater System Analysis Report
Ms. Adams presented a draft Stormwater System Analysis Report, which was included in the agenda package. Regarding a new State of Florida law requiring Special Districts to report on stormwater and wastewater needs, at the last meeting, the Board authorized the Chair to prepare the spreadsheet report. The District does not have any wastewater assets, so in this case, it has to do with the District’s stormwater assets. The Chair worked many hours to complete this report, which was due to the county by June 30th. The county would then forward it to the State.

Mr. LaRue thanked Ms. Gregory for her hard work.

NINTH ORDER OF BUSINESS	Staff Reports
Attorney
Mr. Scott Clark was working on the property transfer agreement.

Engineer
Mr. Joe Clark recalled that at the last meeting, Ms. Leo was directed to provide her contract. Ms. Adams sent it to the Chair at her request and would circulate it to the entire Board. Ms. Gregory forwarded it to Mr. Scott Clark and they were discussing it. It went out for bid and there was a First Amendment. She would like to draft a Second Amendment effective October 1st.

District Manager
Approval of Check Register
Ms. Adams presented the Check Register for March 8, 2022 through May 10, 2022 totaling $93,756.82. It included the General Fund, ACH electronic payments. Behind the check register, Board members can review detailed invoices and a Check Run summary.
Mr. LaRue asked whether a bill from Mr. Clark in the amount of $1,230 for the transfer of tracts, was going to be charged to Taylor Morrison. Ms. Adams stated that there was no agreement in place. This was work completed by District Counsel in preparation of Board meetings to review the checklist procedures. Mr. LaRue asked if there could be a provision in the agreement to retroactively cover their activities. Mr. Scott Clark agreed he would add the provision. Ms. Gregory clarified that Mr. Scott Clark changed the general ledger to bill under general matters to ensure that everything was kept separate.

Balance Sheet and Income Statement
Ms. Adams presented the Unaudited Financial Statement through April 30, 2022. No Board action was required. The District was in a good cash position as the Unassigned Balance under the General Fund was $764,243. The Board did an excellent job of controlling expenses.

Presentation of Number of Registered Voters – 2,564
Ms. Adams reported according to the Polk County Supervisor of Elections, as of April 15th, there were 2,564 registered voters within the boundaries of the District. No action was required by the Board. This information was more significant in the beginning years of the District because when the District reached 250 registered voters and six years of being

established, its seats would transition to the General Election. The District was required to report the number of registered voters every year, as there was no provision in the Statute to stop the reporting, even when all of the seats were in the General Election process.

Notice of Qualifying Period: Noon, June 13, 2022 to Noon, June 17, 2022
Ms. Adams announced that the qualifying period for the General Election Poinciana West CDD Board Seats was Noon on June 13, 2022 to Noon on June 17, 2022.

Field Manager
Field Manager’s Report
Mr. Smith presented the Field Manager’s Report, which was included in the agenda package. The alligator warning signs were installed and staff waited 30 days to see if there were any complaints or concerns. There were two requests to move them, which were moved and since then, there were no further concerns or complaints.
Ms. Gregory noticed a bill in the Check Register to move three signs at the request of residents in the amount of $160 and questioned who designated the placement of the signs and why the District was charged $160 to move them without Board approval. The process of doing things when residents called and the Board finding out afterwards, did not sit well with the Board. Mr. Smith understood Ms. Gregory’s concerns and would remove the $160 charge since he felt those were reasonable requests as the residents did not want them behind their homes. They would no longer come out to do any work until it was brought to the Board. Ms. Gregory questioned the status of the fish. Mr. Smith reported that on Monday, fish were stocked in the 26 aces of ponds requested by the Board, including Pond 6. The bleeder pipe was cleared on a dry pond, Pond P-2 by the landscaper at Mr. Smith’s request. There were bleeder pipes on all of the dry ponds and was the main way that the water flowed out. The Monthly Treatment and Pond Reports were provided to the Board. Most of the ponds were clean, but there were some algae blooms in places and pond levels were slightly low. There was mainly edge grasses and filamentous algae in the ponds.

Customer Complaint Log
Mr. Smith presented the Customer Complaint Log. There was some construction debris in the pond, which the builder assisted with the removal of. The Florida Fish & Wildlife Conservation Commission (FWC) was contacted regarding alligators.

TENTH ORDER OF BUSINESS	Supervisor’s Requests
There being none, the next item followed.

ELEVENTH ORDER OF BUSINESS	General Audience Comments
There being none, the next item followed.

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

THIRTEENTH ORDER OF BUSINESS	Next Meeting Date – July 20, 2022
Ms. Adams stated the next meeting was on July 20, 2022 at 9:00 a.m.

FOURTEENTH ORDER OF BUSINESS	Adjournment

Secretary / Assistant Secretary	Chairman / Vice Chairman

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Poinciana West Community Development District

ANNUAL FINANCIAL REPORT

September 30, 2021

Poinciana West Community Development District ANNUAL FINANCIAL REPORT
September 30, 2021 TABLE OF CONTENTS

Page Number

REPORT OF INDEPENDENT AUDITORS	1-2
MANAGEMENT’S DISCUSSION AND ANALYSIS	3-8
BASIC FINANCIAL STATEMENTS:
Government-wide Financial Statements
Statement of Net Position	9
Statement of Activities	10
Fund Financial Statements:
Balance Sheet – Governmental Funds	11
Reconciliation of Total Governmental Fund Balances to Net
Position of Governmental Activities	12
Statement of Revenues, Expenditures and Changes in Fund
Balances – Governmental Funds	13
Reconciliation of the Statement of Revenues, Expenditures and Changes in Fund Balances of Governmental Funds to the
Statement of Activities	14
Statement of Revenues, Expenditures and Changes in Fund
Balances – Budget and Actual – General Fund	15
Notes to Financial Statements	16-29
INDEPENDENT AUDITORS’ REPORT ON INTERNAL CONTROL OVER FINANCIAL REPORTING AND ON COMPLIANCE AND OTHER MATTERS BASED ON AN AUDIT OF FINANCIAL STATEMENTS PERFORMED
IN ACCORDANCE WITH GOVERNMENT AUDITING STANDARDS	30-31
MANAGEMENT LETTER	32-34
INDEPENDENT ACCOUNTANTS’ REPORT/COMPLIANCE WITH
SECTION 218.415, FLORIDA STATUTES	35
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REPORT OF INDEPENDENT AUDITORS

To the Board of Supervisors
Poinciana West Community Development District Polk County, Florida
Report on the Financial Statements
We have audited the accompanying financial statements of Poinciana West Community Development District as of and for the year ended September 30, 2021, and the related notes to financial statements, which collectively comprise the District’s basic financial statements as listed in the table of contents.

Management’s Responsibility for the Financial Statements

Management is responsible for the preparation and fair presentation of these financial statements in accordance with accounting principles generally accepted in the United States of America; this includes the design, implementation, and maintenance of internal control relevant to the preparation and fair presentation of financial statements that are free from material misstatement, whether due to fraud or error.

Auditor’s Responsibility

Our responsibility is to express an opinion on these financial statements based on our audit. We conducted our audit in accordance with auditing standards generally accepted in the United States of America and the standards applicable to financial audits contained in the Government Accounting Standards, issued by the Comptroller General of the United States. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free from material misstatement.

An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the financial statements. The procedures selected depend on the auditor’s judgment, including the assessment of the risks of material misstatement of the financial statements, whether due to fraud or error. In making those risk assessments, the auditor considers internal control relevant to the entity’s preparation and fair presentation of the financial statements in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the entity’s internal control. Accordingly, we express no such opinion. An audit also includes evaluating the appropriateness of accounting policies used and the reasonableness of significant accounting estimates made by management, as well as evaluating the overall presentation of the financial statements.

We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion.
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19/158

To the Board of Supervisors
Poinciana West Community Development District
Opinion
In our opinion, the basic financial statements referred to above present fairly, in all material respects, the financial position of the governmental activities, and each major fund of Poinciana West Community Development District as of September 30, 2021, and the respective changes in financial position and the budgetary comparison for the General Fund for the year then ended in conformity with accounting principles generally accepted in the United States of America.
Other Matters
Required Supplementary Information
Accounting principles generally accepted in the United States of America require that the Management’s Discussion and Analysis be presented to supplement the basic financial statements. Such information, although not a part of the basic financial statements, is required by the Governmental Accounting Standards Board who considers it to be an essential part of financial reporting for placing the basic financial statements in an appropriate operational, economic, or historical context. We have applied certain limited procedures to the required supplementary information in accordance with auditing standards generally accepted in the United States of America, which consisted of inquiries of management about the methods of preparing the information and comparing the information for consistency with management’s responses to our inquiries, the basic financial statements, and other knowledge we obtained during our audit of the basic financial statements. We do not express an opinion or provide any assurance on the information because the limited procedures do not provide us with sufficient evidence to express an opinion or provide any assurance.
Other Reporting Required by Government Auditing Standards
In accordance with Government Auditing Standards, we have also issued a report dated June 7, 2022 on our consideration of the District’s internal control over financial reporting and on our tests of its compliance with certain provisions of laws, regulations and contracts.
The purpose of that report is to describe the scope of our testing of internal control over financial reporting and compliance and the results of that testing, and not to provide an opinion on internal control over financial reporting or on compliance. That report is an integral part of an audit performed in accordance with Government Auditing Standards in considering Poinciana West Community Development District’s internal control over financial reporting and compliance.

Berger, Toombs, Elam, Gaines & Frank Certified Public Accountants PL
Fort Pierce, Florida June 7, 2022

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Poinciana West Community Development District MANAGEMENT’S DISCUSSION AND ANALYSIS
For the Year Ended September 30, 2021

Management’s discussion and analysis of Poinciana West Community Development District (the “District”) financial performance provides an objective and easily readable analysis of the District’s financial activities. The analysis provides summary financial information for the District and should be read in conjunction with the District’s financial statements.

OVERVIEW OF THE FINANCIAL STATEMENTS

The District’s basic financial statements comprise three components; 1) Government-wide financial statements, 2) Fund financial statements, and 3) Notes to financial statements. The Government-wide financial statements present an overall picture of the District’s financial position and results of operations. The Fund financial statements present financial information for the District’s major funds. The Notes to financial statements provide additional information concerning the District’s finances.

The Government-wide financial statements are the statement of net position and the statement of activities. These statements use accounting methods similar to those used by private-sector companies. Emphasis is placed on the net position of governmental activities and the change in net position. Governmental activities are primarily supported by special assessments.

The statement of net position presents information on all position and liabilities of the District, with the difference between position and liabilities reported as net position. Net position are reported in three categories; 1) net investment in capital assets, 2) restricted, and 3) unrestricted. Assets, liabilities, and net position are reported for all Governmental activities.

The statement of activities presents information on all revenues and expenses of the District and the change in net position. Expenses are reported by major function and program revenues relating to those functions are reported, providing the net cost of all functions provided by the District. To assist in understanding the District’s operations, expenses have been reported as governmental activities. Governmental activities financed by the District include general government, physical environment and debt service.

Fund financial statements present financial information for governmental funds. These statements provide financial information for the major funds of the District. Governmental fund financial statements provide information on the current assets and liabilities of the funds, changes in current financial resources (revenues and expenditures), and current available resources.

Poinciana West Community Development District MANAGEMENT’S DISCUSSION AND ANALYSIS
For the Year Ended September 30, 2021

OVERVIEW OF THE FINANCIAL STATEMENTS (CONTINUED)

Fund financial statements include a balance sheet and a statement of revenues, expenditures and changes in fund balances for all governmental funds. A statement of revenues, expenditures, and changes in fund balances – budget and actual is provided for the District’s General Fund. Fund financial statements provide more detailed information about the District’s activities. Individual funds are established by the District to track revenues that are restricted to certain uses or to comply with legal requirements.

The government-wide financial statements and the fund financial statements provide different pictures of the District. The government-wide financial statements provide an overall picture of the District’s financial standing. These statements are comparable to private-sector companies and give a good understanding of the District’s overall financial health and how the District paid for the various activities, or functions, provided by the District. All assets of the District, including capital assets are reported in the statement of net position. All liabilities, including principal outstanding on bonds are included. The statement of activities includes depreciation on all long-lived assets of the District, but transactions between the different functions of the District have been eliminated in order to avoid “doubling up” the revenues and expenses. The fund financial statements provide a picture of the major funds of the District. In the case of governmental activities, outlays for long lived assets are reported as expenditures and long-term liabilities, such as general obligation bonds, are not included in the fund financial statements. To provide a link from the fund financial statements to the government-wide financial statements, a reconciliation is provided from the fund financial statements to the government- wide financial statements.

Notes to financial statements provide additional detail concerning the financial activities and financial balances of the District. Additional information about the accounting practices of the District, investments of the District, capital assets and long-term debt are some of the items included in the notes to financial statements.

Financial Highlights

The following are the highlights of financial activity for the year ended September 30, 2021.

The District’s total assets and deferred outflows of resources exceeded total liabilities by
$3,435,891 (net position).	Unrestricted net position for Governmental Activities were
$633,087. Net investment in capital assets was $2,698,796. Restricted net position was
$104,008.

Governmental activities revenues totaled $1,383,664 while governmental activities expenses totaled $1,165,340.

Poinciana West Community Development District MANAGEMENT’S DISCUSSION AND ANALYSIS
For the Year Ended September 30, 2021

OVERVIEW OF THE FINANCIAL STATEMENTS (CONTINUED)

Financial Analysis of the District

The following schedule provides a summary of the assets, liabilities and net position of the District and is presented by category for comparison purposes.

Net Position

Governmental Activities
	2021		2020	

Current assets	
$	897,012		
$	863,740	
Restricted assets	822,210		813,281	
Capital assets, net	  12,940,114 		  13,301,349 	
Total Assets	  14,659,336 		  14,978,370 	
Deferred outflow of resources		317,563 			337,941 	
Current liabilities	728,610		719,855	
Non-current liabilities	  10,812,398 		  11,378,889 	
Total Liabilities	  11,541,008 		  12,098,744 	
Net investment in capital assets	2,698,796		2,269,564	
Net position - restricted	104,008		87,291	
Net position - unrestricted		633,087 			860,712 	
Total Net Position	 $ 3,435,891 		 $ 3,217,567 	

The increase in current assets is mainly related to revenues exceeding expenditures in the General Fund in the current year.

The decrease in capital assets is mainly related to depreciation in the current year. The decrease in total liabilities is related to the current year principal payment.
The increase in net position is related to revenues exceeding expenses in the current year.

Poinciana West Community Development District MANAGEMENT’S DISCUSSION AND ANALYSIS
For the Year Ended September 30, 2021

OVERVIEW OF THE FINANCIAL STATEMENTS (CONTINUED)

Financial Analysis of the District (Continued)

The following schedule provides a summary of the changes in net position of the District and is presented by category for comparison purposes.

Change in Net Position

Governmental Activities
	2021		2020	
Program Revenues				
Charges for services	$ 1,383,091		$ 1,374,426	
General Revenues				
Investment earnings		573 		7,596 		
Total Revenues		1,383,664 		1,382,022 		

Expenses				
General government	100,052	131,843		
Physical environment	508,478	512,947		
Interest and other charges		556,810 		574,864 		
Total Expenses		1,165,340 		1,219,654 		
Change in Net Position	218,324	162,368		
Net Position - Beginning of Year		3,217,567 		3,055,199 		
Net Position - End of Year	 $ 3,435,891 	 $ 3,217,567 		

The decrease in general government is mainly related to the decrease in legal fees in the current year and the settlement agreement in the prior year.

Poinciana West Community Development District MANAGEMENT’S DISCUSSION AND ANALYSIS
For the Year Ended September 30, 2021

OVERVIEW OF THE FINANCIAL STATEMENTS (CONTINUED)

Capital Assets Activity

The following schedule provides a summary of the District’s capital assets activity as of September 30, 2021 and 2020:

		Description	 Capital assets not being depreciated:
	Governmental Activities	
	2021			2020	
Land improvements
 $	6,645,273 
 $  6,645,273 

Capital assets being depreciated:
Infrastructure		10,446,892		10,446,892 Accumulated depreciation			(4,152,051)			(3,790,816)
Total Capital Assets, depreciated		6,294,841 		6,656,076 

Total Capital Assets
 $	12,940,114 
 $ 13,301,349 

During the year, depreciation was $361,235.

General Fund Budgetary Highlights

The budget exceeded governmental expenditures primarily because of less legal fees, capital outlay, storm structure repairs and contingency expenditures than were expected.

There were no amendments to the budget during the year.

Debt Management

Governmental Activities debt includes the following:

In February 2017, the District issued $11,215,000 Series 2017-1 Senior Special Assessment Refunding Bonds and $2,945,000 Series 2017-2 Subordinate Special Assessment Refunding Bonds. These bonds were issued to refund and redeem the Series 2007 Special Assessment Bonds. The balance of the Series 2017-1 and Series 2017-2 Bonds were $9,085,000 and $2,380,000, respectively at September 30, 2021.

Poinciana West Community Development District MANAGEMENT’S DISCUSSION AND ANALYSIS
For the Year Ended September 30, 2021

OVERVIEW OF THE FINANCIAL STATEMENTS (CONTINUED)

Economic Factors and Next Year’s Budget

The District does not expect any economic factors to affect operations during the year ended September 30, 2022.

Request for Information

The financial report is designed to provide a general overview of Poinciana West Community Development District’s finances for all those with an interest. Questions concerning any of the information provided in this report or requests for additional information should be addressed to the Poinciana West Community Development District, Governmental Management Services-CF, LLC, 219 E Livingston Street, Orlando, Florida 32801.

Poinciana West Community Development District	
STATEMENT OF NET POSITION	
September 30, 2021	

DEFERRED OUTFLOW OF RESOURCES		
Deferred amount on refunding	317,563	

LIABILITIES		
Current Liabilities:		
Accounts payable	4,571	
Accrued interest payable	204,039	
Bonds payable		520,000 	
Total Current Liabilities		728,610 	
Non-current liabilities:		
Bonds payable		10,812,398 	
Total Liabilities		11,541,008 	

NET POSITION		
Net investment in capital assets	2,698,796	
Restricted for debt service	104,008	
Unrestricted		633,087 	
Total Net Position	 $	3,435,891 	
Poinciana West Community Development District		
STATEMENT OF ACTIVITIES		
For the Year Ended September 30, 2021		

	573 

Change in Net Position	218,324

Poinciana West Community Development District	
BALANCE SHEET –	
GOVERNMENTAL FUNDS	
September 30, 2021	

ASSETS	General

LIABILITIES AND FUND BALANCES

LIABILITIES

Accounts payable
 $	4,571 
 $	- 
 $	4,571 

FUND BALANCES

5,000

Total Liabilities and Fund Balances
 $	637,658 
 $  822,210 
 $ 1,459,868 

Poinciana West Community Development District	
RECONCILIATION OF TOTAL GOVERNMENTAL FUND BALANCES	
TO NET POSITION OF GOVERNMENTAL ACTIVITIES	
September 30, 2021	

Total Governmental Fund Balances

Amounts reported for governmental activities in the Statement of Net Position	
are different because:	

Prepaid bond insurance, net are not current financial resources and therefore,	
are not reported at the governmental fund level.	
$	1,455,297

317,563

259,354

Long-term liabilities, including bonds payable ($(11,465,000)), less net bond		
discount ($132,602) are not due and payable in the current period and		
therefore, are not reported at the governmental fund level.	(11,332,398)	

(204,039)

Net Position of Governmental Activities	 $	3,435,891 
Poinciana West Community Development District	
STATEMENT OF REVENUES, EXPENDITURES	
AND CHANGES IN FUND BALANCES –	
GOVERNMENTAL FUNDS	
For the Year Ended September 30, 2021	

	General	

Net change in fund balances		48,372 		8,929 		57,301 	
Fund Balances - October 1, 2020		584,715 		813,281 		1,397,996 	
Fund Balances - September 30, 2021	 $	633,087 	 $	822,210 	 $ 1,455,297 	

Poinciana West Community Development District	
RECONCILIATION OF THE STATEMENT OF REVENUES, EXPENDITURES AND	
CHANGES IN FUND BALANCES OF GOVERNMENTAL FUNDS TO THE	
STATEMENT OF ACTIVITIES	
For the Year Ended September 30, 2021	

Net Change in Fund Balances - Total Governmental Funds	$

Amounts reported for governmental activities in the Statement of Activities are	
different because:	

Governmental funds report capital outlays as expenditures. However, in the	
Statement of Activities, the cost of those assets is allocated over their estimated	
useful lives as depreciation. This is the amount of depreciation in the current period.	

Repayment of long-term liabilities are reported as expenditures in the governmental	
fund statement, but such repayments reduce liabilities in the Statement of Net Position.	

Amortization of a bond discount, $(8,509), and prepaid bond insurance,	
$(16,643), does not require the use of current resources and therefore is not reported	
in the governmental funds. This is the amount of amortization in the current period.	

The deferred amount of refunding is amortized in the Statement of Activities, but not	
in the governmental funds. This is the amount of amortization in the current year.	
57,301

(361,235)

560,000

(25,152)

(20,378)

In the Statement of Activities, interest is accrued on outstanding bonds;		
whereas in governmental funds, interest expenditures are reported when due.		
This is the change in accrued interest from the prior year to the current year.		7,788 	

Change in Net Position of Governmental Activities	 $	218,324 
Poinciana West Community Development District	
STATEMENT OF REVENUES, EXPENDITURES AND	
CHANGES IN FUND BALANCES – BUDGET AND ACTUAL –	
GENERAL FUND	
For the Year Ended September 30, 2021	

Actual

Net change in fund balances	(41,552)	(41,552)	48,372	89,924	
Fund Balances - October 1, 2020		41,552 			584,715 		543,163 	
Fund Balances - September 30, 2021	 $	- 		 $ 633,087 	 $	633,087 	

See accompanying notes.

Poinciana West Community Development District NOTES TO FINANCIAL STATEMENTS
September 30, 2021

NOTE A – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

The financial statements of the District have been prepared in conformity with generally accepted accounting principles (GAAP) as applied to governmental units. The Governmental Accounting Standards Board (GASB) is the accepted standard-setting body for establishing governmental accounting and financial reporting principles. The District's more significant accounting policies are described below.

Reporting Entity

The District was established on October 6, 2006, pursuant to the Uniform Community Development District Act of 1980, Chapter 190, Florida Statutes and Polk County Ordinance 2006-052, as amended by Polk County Ordinances 2007-043 and 2016-043. The District was established for the purposes of financing and managing the acquisition, construction, maintenance and operation of the infrastructure necessary for community development within its jurisdiction. The District is authorized to issue bonds for the purpose, among others, of financing, funding, planning, establishing, acquiring, constructing or re- constructing, enlarging or extending, equipping, operating and maintaining water management, bridges or culverts, district roads, landscaping, street lights and other basic infrastructure projects within or without the boundaries of the Poinciana West Community Development District. The District is governed by a five-member Board of Supervisors who are elected on an at-large basis in a general election by qualified electors within the District. The District operates within the criteria established by Chapter 190, Florida Statutes.

The reporting entity for the District includes all functions of government in which the District’s Board exercises oversight responsibility. Oversight responsibility includes, but is not limited to, financial interdependency, designation of management, significant ability to influence operations and accountability for fiscal matters. As required by GAAP, these financial statements present the Poinciana West Community Development District (the primary government) as a stand-alone government.

Based upon the application of the above-mentioned criteria as set forth by the Governmental Accounting Standards Board, the District has identified no component units.

Measurement Focus and Basis of Accounting

The basic financial statements of the District are composed of the following:

Government-wide financial statements

Fund financial statements

Notes to financial statements

Poinciana West Community Development District NOTES TO FINANCIAL STATEMENTS
September 30, 2021

NOTE A – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED)

Measurement Focus and Basis of Accounting (Continued)

Government-wide Financial Statements

The government-wide financial statements are reported using the economic resources measurement focus and the accrual basis of accounting. Government-wide financial statements report all non-fiduciary information about the reporting government as a whole. These statements include all the governmental activities of the primary government. The effect of interfund activity has been removed from these statements.

Governmental activities are supported by special assessments. Program revenues include charges for services and payments made by parties outside of the reporting government’s citizenry if that money is restricted to a particular program. Program revenues are netted with program expenses in the Statement of Activities to present the net cost of each program.

Amounts paid to acquire capital assets are capitalized as assets, rather than reported as an expenditure. Proceeds of long-term debt are recorded as liabilities in the government-wide financial statements, rather than as an other financing source.

Amounts paid to reduce long-term indebtedness of the reporting government are reported as a reduction of the related liability, rather than as an expenditure.

Fund Financial Statements

The underlying accounting system of the District is organized and operated on the basis of separate funds, each of which is considered to be a separate accounting entity. The operations of each fund are accounted for with a separate set of self-balancing accounts that comprise its assets, liabilities, fund equity, revenues and expenditures or expenses, as appropriate. Governmental resources are allocated to and accounted for in individual funds based upon the purposes for which they are to be spent and the means by which spending activities are controlled.

Fund financial statements for the primary government’s governmental funds are presented after the government-wide financial statements. These statements display information about major funds individually.

Poinciana West Community Development District NOTES TO FINANCIAL STATEMENTS
September 30, 2021

NOTE A – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED)

Measurement Focus and Basis of Accounting (Continued)

b. Fund Financial Statements (Continued) Governmental Funds
When both restricted and unrestricted resources are combined in a fund, qualified expenses are considered to be paid first from restricted resources, and then from unrestricted resources. Governmental fund financial statements are reported using the current financial resources measurement focus and the modified accrual basis of accounting. Revenues are considered to be available when they are collected within the current period or soon thereafter to pay liabilities of the current period. For this purpose, the District considers revenues to be available if they are collected within 60 days of the end of the current fiscal period.
Expenditures generally are recorded when a liability is incurred, as under accrual accounting. Interest associated with the current fiscal period is considered to be an accrual item and so has been recognized as revenue of the current fiscal period.

Under the current financial resources measurement focus, only current assets and current liabilities are generally included on the balance sheet. The reported fund balance is considered to be a measure of “available spendable resources”. Governmental fund operating statements present increases (revenues and other financing sources) and decreases (expenditures and other financing uses) in net current assets. Accordingly, they are said to present a summary of sources and uses of “available spendable resources” during a period.

Because of their spending measurement focus, expenditure recognition for governmental fund types excludes amounts represented by non-current liabilities. Since they do not affect net current assets, such long-term amounts are not recognized as governmental fund type expenditures or fund liabilities.

Amounts expended to acquire capital assets are recorded as expenditures in the year that resources are expended, rather than as fund assets. The proceeds of long-term debt are recorded as an other financing source rather than as a fund liability.

Debt service expenditures are recorded only when payment is due.

Poinciana West Community Development District NOTES TO FINANCIAL STATEMENTS
September 30, 2021

NOTE A – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED)
Basis of Presentation
Governmental Major Funds
General Fund – The General Fund is the District’s primary operating fund. It accounts for all financial resources of the general government, except those required to be accounted for in another fund.
Debt Service Funds – Account for debt service requirements to retire the Series 2017 Special Assessment Refunding Bonds which were used to refund the Series 2007 Special Assessment Bonds issued to finance the construction of District infrastructure improvements and fund the cost to acquire, construct and equip the Series 2007 Project.
Non-current Governmental Assets/Liabilities
GASB Statement 34 requires that non-current governmental assets, such as land and buildings, and non-current governmental liabilities, such as general obligation bonds, be reported in the governmental activities column in the government-wide Statement of Net Position.
Assets, Liabilities, and Net Position or Equity
Cash and Investments
Florida Statutes require state and local governmental units to deposit monies with financial institutions classified as "Qualified Public Depositories," a multiple financial institution pool whereby groups of securities pledged by the various financial institutions provide common collateral from their deposits of public funds. This pool is provided as additional insurance to the federal depository insurance and allows for additional assessments against the member institutions, providing full insurance for public deposits.
The District is authorized to invest in those financial instruments as established by Section 218.415, Florida Statutes. The authorized investments consist of:
Direct obligations of the United States Treasury;
The Local Government Surplus Funds Trust or any intergovernmental investment pool authorized pursuant to the Florida Interlocal Cooperative Act of 1969;
Interest-bearing time deposits or savings accounts in authorized qualified public depositories;
Securities and Exchange Commission, registered money market funds with the highest credit quality rating from a nationally recognized rating agency.
Cash equivalents include time deposits, certificates of deposit and all highly liquid debt instruments with original maturities of three months or less.

Poinciana West Community Development District NOTES TO FINANCIAL STATEMENTS
September 30, 2021

NOTE A – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED)

4. Assets, Liabilities, and Net Position or Equity (Continued)

Restricted Net Position

Certain net position of the District will be classified as restricted on the statement of net position because their use is limited either by law through constitutional provisions or enabling legislation; or by restrictions imposed externally by creditors. In a fund with both restricted and unrestricted net position, qualified expenses are considered to be paid first from restricted net position and then from unrestricted net position.

Capital Assets

Capital assets, which include land improvements and infrastructure are reported in governmental activities.

The District defines capital assets as assets with an initial, individual cost of $5,000 or more and an estimated useful life in excess of one year. The valuation basis for all assets is historical cost.

The costs of normal maintenance and repairs that do not add to the value of the asset or materially extend its useful life are not capitalized.

Depreciation of capital assets is computed and recorded by utilizing the straight-line method over the assets’ estimated useful lives of infrastucture ranging from 5 to 30 years.

Bond Insurance

Bond insurance associated with the issuance of long-term debt is treated as a prepaid expense and amortized over the life of the debt.

Deferred Outflows of Resources

Deferred outflow of resources is the consumption of net position by the government that is applicable to a future reporting period. Deferred amount on refunding is amortized and recognized as a component of interest expense over the life of the bond.

Bond Discounts

Bond discounts associated with the issuance of bonds are amortized over the life of the bonds using the straight-line method of accounting.

Poinciana West Community Development District NOTES TO FINANCIAL STATEMENTS
September 30, 2021

NOTE A – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED)

4. Assets, Liabilities, and Net Position or Equity (Continued)

Budgets

Budgets are prepared and adopted after public hearings for the governmental funds, pursuant to Chapter 190, Florida Statutes. The District utilizes the same basis of accounting for budgets as it does for revenues and expenditures in its various funds. Formal budgets are adopted for the general fund. The legal level of budgetary control is at the fund level. As a result, deficits in the budget columns of the accompanying financial statements may occur. All budgeted appropriations lapse at year end.

Net Position

Net position represents the difference between assets and liabilities and are reported in three categories. Net investment in capital assets represents capital assets, net of accumulated depreciation and any outstanding debt related to those assets. Net position is reported as restricted when there are legal limitations imposed on their use by legislation, or external restrictions imposed by other governments, creditors, or grantors. Unrestricted net position are assets that do not meet definitions of the classifications previously described.

NOTE	B	–		RECONCILIATION	OF	GOVERNMENT-WIDE	AND	FUND	FINANCIAL STATEMENTS

Explanation of Differences Between the Governmental Fund Balance Sheet and the Government-wide Statement of Net Position

“Total fund balances” of the District’s governmental funds, $1,455,297, differs from “net position” of governmental activities, $3,435,891, reported in the Statement of Net Position. This difference primarily results from the long-term economic focus of the Statement of Net Position versus the current financial resources focus of the Governmental Fund Balance Sheet. The effect of the differences is illustrated below.

Capital related items

When capital assets (improvements and equipment that are to be used in governmental activities) are purchased or constructed, the cost of those assets is reported as expenditures in governmental funds. However, the Statement of Net Position includes those capital assets among the assets of the District as a whole.

Land improvements	$	6,645,273	
Infrastructure	10,446,892	
Accumulated depreciation		(4,152,051)	
Total	$	12,940,114	

Poinciana West Community Development District NOTES TO FINANCIAL STATEMENTS
September 30, 2021

NOTE	B	–		RECONCILIATION	OF	GOVERNMENT-WIDE	AND	FUND	FINANCIAL STATEMENTS (CONTINUED)

Explanation of Differences Between the Governmental Fund Balance Sheet and the Government-wide Statement of Net Position (Continued)

Deferred amount on refunding

The difference between the outstanding balance of the old debt and the cost of the new debt is a deferred outflow of resources. This balance is amortized over the life of the new debt. The unamortized balance is reflected as deferred amount on refunding.

Deferred amount on refunding	$	317,563

Long-term debt transactions
Long-term liabilities applicable to the District’s governmental activities are not due and payable in the current period and accordingly are not reported as fund liabilities. All liabilities (both current and long-term) are reported in the Statement of Net Position. Balances at September 30, 2021 were:

Bonds payable	$	(11,465,000)	
Bond discount, net		132,602	
Total	$	(11,332,398)	

Accrued interest
Accrued liabilities in the Statement of Net Position differ from the amount reported in governmental funds due to the accrued interest on bonds.
Accrued interest	$	(204,039)
Prepaid bond insurance
The bond insurance purchased on the refunding bonds issued in a prior year are not current financial resources and therefore are not reported at the fund level.

Prepaid bond insurance, net	$	259,354

Poinciana West Community Development District NOTES TO FINANCIAL STATEMENTS
September 30, 2021

NOTE	B	–		RECONCILIATION	OF	GOVERNMENT-WIDE	AND	FUND	FINANCIAL STATEMENTS (CONTINUED)
Explanation of Differences Between the Governmental Fund Operating Statements and the Statement of Activities
The “net change in fund balances” for government funds, $57,301, differs from the “change in net position” for governmental activities, $218,324, reported in the Statement of Activities. The differences arise primarily from the long-term economic focus of the Statement of Activities versus the current financial resources focus of the governmental funds. The effect of the differences is illustrated below.

Capital related items

When capital assets that are to be used in governmental activities are purchased or constructed, the resources expended for those assets are reported as expenditures in governmental funds. However, in the Statement of Activities, the costs of those assets is allocated over their estimated useful lives and reported as depreciation. As a result, fund balances decrease by the amount of financial resources expended, whereas net position decrease by the amount of depreciation charged for the year.
Depreciation	$	(361,235)

Amortization

Amortization of the deferred amount on refunding, bond discount and prepaid bond insurance does not require the use of current resources and therefore is not reported in the governmental funds.

Amortization of prepaid bond insurance	$	(16,643)	
Amortization of bond discount	(8,509)	
Amortization of deferred amount on refunding		(20,378)	
Total	$	(45,530)	

Long-term debt transactions
Repayment of long-term liabilities are reported as expenditures in the governmental fund statement, but such repayments reduce liabilities in the Statement of Net Position and are eliminated in the Statement of Activities.

Bond principal payments	$	560,000

Some expenses reported in the Statement of Activities do not require the use of current financial resources, therefore, are not reported as expenditures in governmental funds.
Net decrease in accrued interest payable	$	7,788

Poinciana West Community Development District NOTES TO FINANCIAL STATEMENTS
September 30, 2021

NOTE C – CASH AND INVESTMENTS
All deposits are held in qualified public depositories and are included on the accompanying balance sheet as cash and investments.

Custodial Credit Risk – Deposits

Custodial credit risk is the risk that in the event of a bank failure, the District's deposits may not be returned to it. The District follows the provisions of Chapter 280, Florida Statutes regarding deposits and investments to manage custodial credit risk. The District maintains all deposits in a qualified public depository, so that all deposits are fully insured by Federal Depositors Insurance or collateralized under Chapter 280, Florida Statutes. As of September 30, 2021, the District's bank balance and the carrying value were $629,985.

As of September 30, 2021, the District had the following investments and maturities:

	Investment	  Maturities 	 Fair Value	
U.S. Bank Commercial Paper	N/A	 $	822,210 

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

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

Based on the criteria in the preceding paragraph, the investment in U.S. Bank Commercial Paper is a Level 1 asset.

Investments

The District’s investment policy allows management to invest funds in investments permitted under Section 218.415, Florida Statutes.

Poinciana West Community Development District NOTES TO FINANCIAL STATEMENTS
September 30, 2021 NOTE C – CASH AND INVESTMENTS (CONTINUED)
Interest Rate Risk

The District does not have a formal investment policy that limits investment maturities as a means of managing its exposure to fair value losses arising from increasing interest rates.

Credit Risk

The District's investments in treasury funds, commercial paper, and government loans are limited by state statutory requirements and bond compliance. The District has no investment policy that would further limit its investment choices. As of September 30, 2021, the District's investment in the U.S. Bank Commercial Paper was rated A-1+ by Standard & Poor's.

Concentration of Credit Risk

The District places no limit on the amount it may invest. The investment in U.S. Bank Commercial Paper represents 100% of the District's total investments.

The types of deposits and investments and their level of risk exposure as of September 30, 2021 were typical of these items during the fiscal year then ended. The District considers any decline in fair value for certain investments to be temporary.

NOTE D – SPECIAL ASSESSMENT REVENUES

Assessments are non-ad valorem assessments on benefitted property within the District. Operating and Maintenance Assessments are based upon adopted budget and levied annually. Debt Service Assessments are levied when bonds are issued and collected annually for the term of the bond. The District may collect assessments directly or utilize the uniform method of collection (Chapter 197.3632, Florida Statutes). Directly collected assessments are due as determined by annual assessment resolution adopted by the Board of Supervisors. Assessments collected under the uniform method are mailed by County Tax Collector on November 1 and due on or before March 31 of each year. Property owners may prepay a portion or all of the Debt Service Assessments on their property subject to various provisions in the bond documents.

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

Poinciana West Community Development District NOTES TO FINANCIAL STATEMENTS
September 30, 2021

NOTE E – CAPITAL ASSETS

Capital Asset activity for the year ended September 30, 2021 was as follows:

Balance	Balance
October 1,	September 30,
2020	Additions	Deletions	2021
Governmental Activities:
Capital assets, not depreciated:												
Land and improvements	$	6,645,273		$	-		$	-		$	6,645,273	
Capital assets, being depreciated: Infrastructure	

10,446,892	

-	

-	

10,446,892								
Less accumulated depreciation for: Infrastructure	

(3,790,816)		

(361,235)		

-		

(4,152,051)					
Total Capital Assets Depreciated, Net	6,656,076		(361,235)		-	6,294,841							
Governmental Activities Capital Assets	$ 13,301,349		$  (361,235)		 
$	-	$ 12,940,114							

Depreciation of $361,235 was charged to physical environment.

NOTE F – LONG-TERM DEBT
Governmental Activities

The following is a summary of activity for long-term debt of the Governmental Activities for the year ended September 30, 2021:

Long-term debt at October 1, 2020	$	12,025,000 Principal payments			(560,000)
Long-term debt at September 30, 2021		11,465,000 Less: bond discount, net			(132,602)
Bonds payable, net at September 30, 2021	$	11,332,398

Poinciana West Community Development District NOTES TO FINANCIAL STATEMENTS
September 30, 2021

NOTE F – LONG-TERM DEBT (CONTINUED)

Long-term debt for Governmental Activities is comprised of the following: Special Assessment Refunding Bonds
$11,215,000	Series	2017-1	Senior	Special	Assessment
Refunding Bonds due in annual principal installments beginning May 2017.  Interest at various rates between 2% and 4.3% is
due May and November beginning May 2017. Current portion is		
$425,000.	$	9,085,000	
$2,945,000 Series 2017-2 Subordinate Special Assessment Refunding Bonds due in annual principal installments beginning May 2017. Interest at various rates between 5.375% and 5.7% is due May and November beginning May 2017. Current portion is $95,000.	

	2,380,000	
Bond payable	11,465,000	
Bond discount, net		(132,602)	
Bonds Payable, Net	$	11,332,398 	

The annual requirements to amortize the principal and interest of bonded debt outstanding as of September 30, 2021 are as follows:

Year Ending
 September 30, 	 	

	Principal		 	

	Interest		 	

	Total		

2022	
$	520,000	
$	489,693	
$ 1,009,693	
2023	540,000	471,836	1,011,836	
2024	555,000	452,711	1,007,711	
2025	580,000	432,443	1,012,443	
2026	605,000	409,986	1,014,986	
2027-2031	3,415,000	1,659,887	5,074,887	
2032-2036	4,270,000	832,229	5,102,229	
2037		980,000 		45,220 		1,025,220 	
Totals	 $ 11,465,000 	$ 4,794,005	$ 16,259,005	

Poinciana West Community Development District NOTES TO FINANCIAL STATEMENTS
September 30, 2021

NOTE F – LONG-TERM DEBT (CONTINUED)

Summary of Significant Bond Resolution Terms and Covenants

Significant Bond Provisions

The Series 2017-1 and Series 2017-2 Bonds are subject to redemption at the option of the District prior to their maturity, in whole or in part, at any time after May 1, 2027 at a redemption price equal to the principal amount of the Series 2017-1 Bonds to be redeemed, together with accrued interest to the date of redemption. The Series 2017-1 and Series 2017-2 Bonds are subject to extraordinary mandatory redemption prior to maturity in the manner determined by the Bond Registrar if certain events occurred as outlined in the Trust Indenture.

The Trust Indenture established certain amounts be maintained in a reserve account. In addition, the Trust Indenture has certain restrictions and requirements relating principally to the use of proceeds to pay for the infrastructure improvements and the procedures to be followed by the District on assessments to property owners. The District agrees to levy special assessments in annual amounts adequate to provide payment of debt service and to meet the reserve requirements.

Depository Funds

The bond resolution establishes certain funds and determines the order in which revenues are to be deposited into these funds. A description of the significant funds, including their purposes, is as follows:

Reserve Fund – The Series 2017-1 and Series 2017-2 Reserve Accounts were funded from the proceeds of the Series 2017-1 and Series 2017-2 Bonds in amounts equal to 50 percent of the maximum annual debt service payments for the Series 2017-1 and Series 2017-2 Bonds. Monies held in the reserve accounts will be used only for the purposes established in the Trust Indenture.

The following is a schedule of required reserve deposits as of September 30, 2021:

Reserve	Reserve
	Balance	  Requirement 

Senior Special Assessment Refunding Bonds, Series 2017-1	$	392,347	$	392,337	
Subordinate Special Assessment Refunding Bonds, Series 2017-2	$	121,829	$	121,826	

Poinciana West Community Development District NOTES TO FINANCIAL STATEMENTS
September 30, 2021

NOTE G – RISK MANAGEMENT

The District is exposed to various risks of loss related to torts; theft of, damage to and destruction of assets; errors and omissions; and natural disasters for which the government carries commercial insurance. The District has not filed any claims under this commercial coverage during the last three years.

NOTE H – REUSE FACILITY AGREEMENT

On March 20, 2013 an agreement was signed between the Poinciana West Community Development District and the Solivita West Community Association, Inc. (the “Association”). Per the agreement, the Association shall be responsible for the management and maintenance of the Reuse Facilities. The Association shall be solely responsible for the staffing, budgeting, financing, billing and collection of fees, assessments, service charges, etc., necessary to perform the inspection, operation and maintenance responsibilities set forth per the Agreement. The District shall pay the Association the sum of $10 per year for the provision of services pursuant to the terms of this Agreement.

The term of this Agreement is for a period commencing as of March 20, 2013 and ending on September 30, 2022, and shall be automatically renewed for additional 5 year periods after September 30, 2022, unless either party provides the other party at least 180 days written notice of its intent to not renew. The District shall have a right to terminate this Agreement effective immediately at any time due to the Association’s failure to perform in accordance with the terms of this Agreement or upon 365 days’ notice without a showing of cause.
47/158

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

To the Board of Supervisors
Poinciana West Community Development District Polk County, Florida

We have audited, in accordance with the auditing standards generally accepted in the United States of America and the standards applicable to financial audits contained in Government Auditing Standards issued by the Comptroller General of the United States, the financial statements of Poinciana West Community Development District, as of and for the year ended September 30, 2021, and the related notes to the financial statements, and have issued our report thereon dated June 7, 2022.

Internal Control Over Financial Reporting

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

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

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

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48/158

Board of Supervisors
Poinciana West Community Development District

Compliance and Other Matters

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

Purpose of this Report

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

Berger, Toombs, Elam, Gaines & Frank Certified Public Accountants PL
Fort Pierce, Florida June 7, 2022

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MANAGEMENT LETTER

To the Board of Supervisors
Poinciana West Community Development District Polk County, Florida
Report on the Financial Statements

We have audited the financial statements of the Poinciana West Community Development District as of and for the year ended September 30, 2021, and have issued our report thereon dated June 7, 2022.
Auditor’s Responsibility

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

We have issued our Independent Auditor’s Report on Internal Control over Financial Reporting and on Compliance and Other Matters Based on an Audit of Financial Statements Performed in Accordance with Government Auditing Standards and our Independent Auditor’s Report on an examination conducted in accordance with AICPA Professionals Standards, AT-C Section 315 regarding compliance requirements in accordance with Chapter 10.550, Rules of the Auditor General. Disclosures in that report, which is dated June 7, 2022, should be considered in conjunction with this management letter.
Prior Audit Findings

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

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

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To the Board of Supervisors
Poinciana West Community Development District

Pursuant to Sections 10.554(1)(i)5.b. and 10.556(8), Rules of the Auditor General, we applied financial conditions assessment procedures as of September 30, 2021 for the Poinciana West Community Development District. It is management’s responsibility to monitor the Poinciana West Community Development District’s financial condition; our financial condition assessment was based in part on the representations made by management and the review of the financial information provided by the same.

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

Specific Information

The information provided below was provided by management and has not been audited; therefore, we do not express an opinion or provide any assurance on the information.
As required by Section 218.39(3)(c), Florida Statutes, and Section 10.554(1)(i)6, Rules of the Auditor General, the Poinciana West Community Development District reported:
The total number of district employees compensated in the last pay period of the District’s fiscal year: 0
The total number of independent contractors to whom nonemployee compensation was paid in the last month of the District’s fiscal year: 7
All compensation earned by or awarded to employees, whether paid or accrued, regardless of contingency: $2,600
All compensation earned by or awarded to nonemployee independent contractors, whether paid or accrued, regardless of contingency: $243,841
Each construction project with a total cost of at least $65,000 approved by the District that is scheduled to begin on or after October 1, 2020, together with the total expenditures for such project: The District had no construction projects during the year.
A budget variance based on the budget adopted under Section 189.016(4), Florida Statutes, before the beginning of the fiscal year being reported if the District amends a final adopted budget under Section 189.016(6), Florida Statutes: The budget was not amended.
As required by Section 218.39(3)(c), Florida Statutes, and Section 10.554(1)(i)8, Rules of the Auditor General, the Poinciana West Community Development District reported:
The rate or rates of non-ad valorem special assessments imposed by the District: The General Fund, $187.57 and the Debt Service Fund, $686.58.
The amount of special assessments collected by or on behalf of the District: Total Special Assessments collected was $1,383,091.
The total amount of outstanding bonds issued by the District and the terms of such bonds: Series 2017-1 $9,085,000 and Series 2017-2 $2,380,000 maturing May 1, 2037.

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To the Board of Supervisors
Poinciana West Community Development District

Additional Matters

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

Purpose of this Letter

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

Berger, Toombs, Elam, Gaines & Frank Certified Public Accountants PL
Fort Pierce, Florida June 7, 2022

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INDEPENDENT ACCOUNTANTS’ REPORT/COMPLIANCE WITH SECTION 218.415, FLORIDA STATUTES

To the Board of Supervisors
Poinciana West Community Development District Polk County, Florida

We have examined Poinciana West Community Development District's compliance with Section 218.415, Florida Statutes during the year ended September 30, 2021. Management is responsible for Poinciana West Community Development District’s compliance with those requirements. Our responsibility is to express an opinion on Poinciana West Community Development District’s compliance based on our examination.

Our examination was conducted in accordance with attestation standards established by the American Institute of Certified Public Accountants and, accordingly, included examining, on a test basis, evidence about Poinciana West Community Development District’s compliance with those requirements and performing such other procedures as we considered necessary in the circumstances. We believe that our examination provides a reasonable basis for our opinion. Our examination does not provide a legal determination on Poinciana West Community Development District’s compliance with the specified requirements.

In our opinion, Poinciana West Community Development District complied, in all material respects, with the aforementioned requirements during the year ended September 30, 2021.

Berger, Toombs, Elam, Gaines & Frank Certified Public Accountants PL
Fort Pierce, Florida June 7, 2022

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FIRST AMENDMENT TO AGREEMENT BETWEEN DISTRICT AND CONTRACTOR REGARDING PROVISION OF ENGINEERING SERVICES

THIS FIRST AMENDMENT (“First Amendment”) is entered into by and between
POINCIANA WEST COMMUNITY DEVELOPMENT DISTRICT, a Florida community
development	district	(the	"District"),	and	GAI	CONSULTANTS,	INC.,	a Pennsylvania Profit Corporation, (the "Contractor").
District and Contractor entered into that certain Engineering Services Agreement dated March 21, 2018, (the “Agreement”), subject to the terms and conditions more particularly spelled out in the Agreement.

Capitalized terms not otherwise defined herein shall have the same meaning ascribed to them in the Agreement.

District and Contractor desire to amend the Agreement as more particularly described herein.

NOW, THEREFORE, for and in exchange of good and valuable consideration, receipt and sufficiency of which being here acknowledged, the parties do hereby agree as follows:

RECITALS. The foregoing recitals are incorporated herein by reference as if they are set forth below.

SCOPE OF SERVICES. Effective immediately, Article 1.A.i. of the Agreement is amended as follows:

“i.  Preparation of any necessary reports and attendance at meetings of the Board, except that, upon the District’s request, Contractor shall appear and participate in meetings of the Board remotely via Zoom or a similar platform.”

The remainder of Article 1 shall be unchanged and remain in full force and effect.

COMPENSATION. Effective immediately, Article 4.B. of the Agreement is amended to add the following last sentence:

“B. Hourly Personnel Rates. … Notwithstanding anything herein to the contrary, hourly personnel rates are capped at $300.00 for twenty-four (24) months following the execution of the First Amendment.”

The remainder of Article 4 shall be unchanged and remain in full force and effect.

Ratification. Except as modified herein, the Agreement remains unchanged and is in full force and effect. In the event of a conflict between the terms and provisions of this First

Amendment and the Agreement, the terms and provisions of this First Amendment shall control and be given effect.

Execution. To facilitate execution, the parties hereto agree that this First Amendment may be executed and telecopied to the other party, and that the executed telecopy shall be binding and enforceable as an original. This First Amendment may be executed in as many counterparts as may be required, and it shall not be necessary that a signature of, or on behalf of, each party, or that the signatures of all persons required to bind any party, appear on each counterpart; it shall be sufficient that the signature of, or on behalf of, each party, or that the signatures of the persons required to bind any party, appear on one or more of such counterparts. All counterparts shall collectively constitute a single agreement.

IN WITNESS WHEREOF, this First Amendment is entered into as of the date the last of the parties shall execute this First Amendment as set forth below.

“DISTRICT”

POINCIANA WEST COMMUNITY DEVELOPMENT DISTRICT

By:	 Name:	 Title:	 Date:	
"CONTRACTOR"

GAI CONSULTANTS, INC.

By:		 Name: 	 Title: 	 Date:		

2

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ACQUISITION AGREEMENT

THIS ACQUISITION AGREEMENT (“Agreement”) is made and entered into, by and between:

AVATAR PROPERTIES INC., a Florida corporation, with an address of 2600 Lake Lucien Drive, Suite 350, Maitland, FL 32751 (“Developer”); and

POINCIANA WEST COMMUNITY DEVELOPMENT DISTRICT, a local unit of special-purpose government established pursuant to Chapter 190, Florida Statutes, and located in Polk County, Florida, and with an address of 	 (“District”).

RECITALS

WHEREAS, the District was established by ordinance enacted by the Board of County Commissioners of Polk County, Florida, pursuant to the Uniform Community Development District Act of 1980, Chapter 190, Florida Statutes, as amended (“Act”), and is validly existing under the Constitution and laws of the State of Florida; and

WHEREAS, the Developer was a developer of certain lands within the boundaries of the District, and now desires to convey certain conservation areas and stormwater ponds, and related operational permit(s), to the District, which are described in Exhibit A (“Property”); and

WHEREAS, the District desires to acquire Property, which is part of the District’s overall capital improvement plan described in the District’s Engineering Report, dated November 2006, as amended from time to time; and

WHEREAS, accordingly, the Developer and the District desire to enter into this Agreement in order to facilitate the transfer of the Property to the District from the Developer;

OPERATIVE PROVISIONS

NOW THEREFORE, in consideration of the mutual covenants herein contained, and for good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, and subject to the terms and conditions hereof, the parties agree as follows:

ACCEPTANCE OF DEDICATION OR CONVEYANCE. The District and Developer agree to follow the procedures outlined in Exhibit B, and in order to convey the Property to the District for ownership and maintenance. The Developer agrees to provide the “Developer Items” identified in Exhibit B, and provide the “Fees and Costs” on the terms set forth in Exhibit B. Upon receipt of the “Written Request,” as described in Exhibit B, the District agrees to cause its staff to review the Written Request and supporting materials. Within 30 days thereafter, the District Engineer shall provide a written recommendation (“Written Recommendation”) to the Developer and the District certifying whether in his or her reasonable discretion the Property and any improvements thereon are able to provide their intended function as conservation areas and stormwater ponds, and are in compliance with any required permit conditions (“Engineer Turnover Conditions”). As part of the Written Recommendation, the District’s Counsel shall also issue certify whether in hir or her reasonable discretion that there is nothing in the title work provided as part of the Written Request that would materially and negatively affect the District’s ability to own and maintain the Property (“Counsel Turnover Conditions,” together with the

Engineer Turnover Conditions, the “Turnover Conditions”). In the event that the Written Recommendation indicates that the Turnover Conditions are met, the Developer and the District shall within 5 days (“Closing Date”) of the Written Recommendation execute and record the deed attached hereto as Exhibit C. At or about the time of Closing Date, the Developer shall also take any steps reasonably necessary to effect the transfer of any operations permits included in Exhibit A to the District, and the District shall promptly and reasonably cooperate in that regard.

The Developer shall pay the cost for recording fees and documentary stamps required, if any, for the conveyance of the Property, as well as any fees in connection with the transfer of the permit. The Developer also shall be responsible for all taxes levied on the Property through the Closing Date.

AMENDMENTS. Amendments to and waivers of the provisions contained in this Agreement may be made only by an instrument in writing which is executed by both the District and the Developer.

AUTHORIZATION. The execution of this Agreement has been duly authorized by the appropriate body or official of the District and the Developer; both the District and the Developer have complied with all the requirements of law; and both the District and the Developer have full power and authority to comply with the terms and provisions of this instrument.

NOTICES. All notices, requests, consents and other communications under this Agreement (“Notices”) shall be in writing and shall be delivered, mailed by First Class Mail, postage prepaid, or overnight delivery service, to the parties, at the addresses first set forth above. Except as otherwise provided in this Agreement, any Notice shall be deemed received only upon actual delivery at the address set forth above. Notices delivered after 5:00 p.m. (at the place of delivery) or on a non- business day, shall be deemed received on the next business day. If any time for giving Notice contained in this Agreement would otherwise expire on a non-business day, the Notice period shall be extended to the next succeeding business day. Saturdays, Sundays, and legal holidays recognized by the United States government shall not be regarded as business days. Counsel for the District and counsel for the Developer may deliver Notice on behalf of the District and the Developer, respectively. Any party or other person to whom Notices are to be sent or copied may notify the other parties and addressees of any change in name or address to which Notices shall be sent by providing the same on five (5) days written notice to the parties and addressees set forth herein.

ARM’S LENGTH TRANSACTION. This Agreement has been negotiated fully between the District and the Developer as an arm’s length transaction. Both parties participated fully in the preparation of this Agreement and received the advice of counsel. In the case of a dispute concerning the interpretation of any provision of this Agreement, both parties are deemed to have drafted, chosen, and selected the language, and the doubtful language will not be interpreted or construed against either the District or the Developer.

THIRD PARTY BENEFICIARIES. This Agreement is solely for the benefit of the District and the Developer and no right or cause of action shall accrue upon or by reason, to or for the benefit of any third party not a formal party to this Agreement. Nothing in this Agreement expressed or implied is intended or shall be construed to confer upon any person or corporation other than the District and the Developer any right, remedy, or claim under or by reason of this Agreement or any of the provisions or conditions of this Agreement; and all of the provisions, representations, covenants, and conditions contained in this Agreement shall inure to the sole benefit of and shall be binding upon the District and the Developer and their respective representatives, successors, and assigns.

ASSIGNMENT. Neither the District nor the Developer may assign this Agreement without the prior written approval of the other.

APPLICABLE LAW AND VENUE. This Agreement and the provisions contained herein shall be construed, interpreted and controlled according to the laws of the State of Florida. Each party agrees that the venue for any litigation arising out of or related to this Agreement shall be in Polk County, Florida.

PUBLIC RECORDS. The Developer understands and agrees that all documents of any kind provided to the District in connection with this Agreement may be public records and treated as such in accordance with Florida law.

SEVERABILITY. The invalidity or unenforceability of any one or more provisions of this Agreement shall not affect the validity or enforceability of the remaining portions of this Agreement, or any part of this Agreement not held to be invalid or unenforceable.

LIMITATIONS ON GOVERNMENTAL LIABILITY. Nothing in this Agreement shall be deemed as a waiver of immunity or limits of liability of the District beyond any statutory limited waiver of immunity or limits of liability which may have been adopted by the Florida Legislature in Section 768.28, Florida Statutes, or other law, and nothing in this Agreement shall inure to the benefit of any third party for the purpose of allowing any claim which would otherwise be barred by sovereign immunity or by other operation of law.

HEADINGS FOR CONVENIENCE ONLY. The descriptive headings in this Agreement are for convenience only and shall not control nor affect the meaning or construction of any of the provisions of this Agreement.

COUNTERPARTS. This Agreement may be executed in any number of counterparts, each of which when executed and delivered shall be an original; however, all such counterparts together shall constitute, but one and the same instrument. Signature and acknowledgment pages, if any, may be detached from the counterparts and attached to a single copy of this document to physically form one document.

[CONTINUED ON NEXT PAGE]

IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the date first above-written.

AVATAR PROPERTIES INC.

By:	 Its:	

POINCIANA	WEST	COMMUNITY	DEVELOPMENT DISTRICT

By:	 Its:	

Exhibit A:	Legal Description Exhibit B:	Procedures Exhibit C:	Quit Claim Deed

Exhibit A

LEGAL DESCRIPTION OF PONDS & CONSERVATION TRACTS TO BE CONVEYED TO THE POINCIANA WEST CDD

Tracts C-A, C-B, C-C, C-D, C-E, C-F, C-G, C-H, C-I, C-J, C-K, C-P, C-Q and Tract LD-1of Solivita Phase 7A,
according to the plat thereof, as recorded in Plat Book 134 at Page 20, of the Public Records of Polk County, Florida, less and except any portions replatted and/or vacated by resolutions.
282722.933912.002600 (as to C-A)
282722.933912.002610 (as to C-B)
282722.933912.002620 (as to C-C)
282722.933912.002630 (as to C-D & C-F)
282722.933912.002640 (as to C-E, C-J C-K & C-P)
282722.933912.002680 (as to C-Q)
282722.933912.002710 (LD-1)

Tracts C-L, C-M, C-N, C-O, C-R, C-S, and C-T of Solivita Phase 7B1, according to the plat thereof, as recorded in Plat Book 136 at Page 14, of the Public Records of Polk County, Florida, less and except any portions replatted and/or vacated by resolutions.
282722.933913.004570 (as to C-O)
282722.933913.004470 (as to C-L C-M C-N C-R C-S & C-T)

Tracts C-E, C-F, C-G, C-H, C-I, C-J and C-K of Solivita Phase 7C, according to the plat thereof, as recorded in Plat Book 136 at Page 3, of the Public Records of Polk County, Florida, less and except any portions replatted and/or vacated by resolutions.

282715.933572.002030 (as to C-E thru C-H, C-J & C-K)
282715.933572.002070 (as to C-I)

Tracts C-2F, C-2G, C-2H, C-2I & C-2J of Solivita Phase 7D, according to the plat thereof, as recorded in Plat Book 137 at Page 9, of the Public Records of Polk County, Florida, less and except any portions replatted and/or vacated by resolutions.
282716.933611.002040

Tract C-2L of Solivita Phase 7E-Unit 2, according to the plat thereof, as recorded in Plat Book 155 at Page 13, of the Public Records of Polk County, Florida, less and except any portions replatted and/or vacated by resolutions.
282716.933612.001660

Tracts C-2L, C-2M, C-2N, P19A and P19B of Solivita Phase 7F, according to the plat thereof, as recorded in Plat Book 161 at Page 7, of the Public Records of Polk County, Florida, less and except any portions replatted and/or vacated by resolutions.
282715.933577.000930 (as to C-2L, C-2M & C-2N)
282715.933577.000960 (P19A)
282715.933577.000970 (P19B)

Tracts C-2A, C-2B & C-2C of Solivita Phase 7G-Unit 1, according to the plat thereof, as recorded in Plat Book 153 at Page 36, of the Public Records of Polk County, Florida, less and except any portions replatted and/or vacated by resolutions.

282722.933916.000980 (as to C-2A)
282722.933916.000990 (as to C2B & C2C)

Together with any applicable operational permit(s) related thereto, including that SWM Permit No. 49- 00094-S, and any modifications thereto, issued by the South Florida Water Management District

Exhibit B

Poinciana West Community Development District Procedures for Acquisition and Acceptance of Common Area Property from Avatar Properties, Inc.

Poinciana West Community Development District Board of Supervisors is requesting that all parcels to be conveyed to the District are aggregated into one request. Avatar Properties, Inc. (“Avatar”) should submit a written request to the District Manager as outlined herein. It is the intention of the District’s Board to accept parcels for conveyance prior to October 1, 2022 in order to allow for proper planning and budgeting in line with the District’s fiscal year.

Fees and Costs – Avatar agrees to pay the reasonable attorney’s and engineer’s fees and costs of the District associated with the property conveyance ("Fees and Costs"). Avatar shall provide a deposit of $5,000 (“Initial Deposit”), and the District shall bill its Fees and Costs against the Initial Deposit. After the Initial Deposit is spent, Avatar on a monthly basis and within 10 days written request from the District Manager shall pay the District’s actual Fees and Costs for that month. At the time of closing on the property conveyance, Avatar shall pay any remaining Fees and Costs.

Developer Items – As part of the Developer’s written request, the Developer shall provide:
Developer name & contact information
The Initial Deposit for Fees and Costs
Evidence that the permit is in good standing and final certifications have been delivered and include documentation necessary to reflect a transfer of maintenance under the permit
Estimated annual maintenance cost
Title work and title insurance commitment
Affidavit of No Liens (may be provided by District Counsel)
Other applicable documents reasonably required by the District Engineer to determine the acceptability of the common area property

Procedure – Upon receipt of the written request, the District Manager shall promptly distribute the written request and documents to District Counsel, District Engineer, Field Management staff for verification of documentation and inspection of property and improvements under the provisions of the Acquisition Agreement. Upon successful completion of review process, and satisfaction of all required costs associated with conveyance in accordance with the Acquisition Agreement, the District shall accept the Property for ownership and maintenance, and provide an executed deed substantially in the form provided in the Acquisition Agreement.

Additional information provided by District Manager and Field Management to the District’s Board:
Maintenance proposals
Estimated annual insurance costs

Exhibit C

SPECIAL WARRANTY DEED

THIS SPECIAL WARRANTY DEED is made to be effective as of the 	day of 	 2022, by and between:

AVATAR PROPERTIES INC., a Florida corporation, with an address of 2600 Lake Lucien Drive, Suite 350, Maitland, FL 32751 (“Grantor”); and

POINCIANA WEST COMMUNITY DEVELOPMENT DISTRICT, a local unit of special-purpose government established pursuant to Chapter 190, Florida Statutes, and located in Polk County, Florida (“Grantee”).

(Wherever used herein, the terms “Grantor(s)” and “Grantee” include all of the parties to this instrument, the heirs, legal representatives and assigns of individuals, and the successors and assigns of trustees, partnerships, limited liability companies, governmental entities, and corporations.)

WITNESSETH

Grantor, for good and valuable consideration to it in hand paid by Grantee, the receipt and sufficiency whereof are hereby acknowledged, has granted, bargained and conveyed to Grantee, and Grantee's successors and assigns, forever, the land lying and being in the County of Polk, State of Florida, as more particularly described in Exhibit 1 attached hereto (together, “Property”);

SUBJECT, HOWEVER, to the following encumbrances and restrictions: (i) all applicable governmental regulations; and (ii) all matters, restrictions, easements, limitations, reservations and covenants of record, if any, but this reference shall not operate to re-impose same;

TOGETHER, with all tenements, hereditaments, and appurtenances thereto belonging or in any way appertaining;

TO HAVE AND TO HOLD unto Grantee and Grantee's successors and assigns in fee simple forever.

Grantor hereby covenants with Grantee that Grantor is lawfully seized of the Property in fee simple, that Grantor has good right and lawful authority to sell and convey the Property and hereby warrants the title to the Property, subject to the foregoing encumbrances and restrictions, and that Grantor will defend the same against the lawful claims of all persons claiming by, through, or under Grantor.

IN WITNESS WHEREOF, Grantor has caused these presents to be executed to be effective as of the day and year first above written.

WITNESSES:

By: 	 Name: 	

By: 	 Name: 		GRANTOR:

AVATAR	PROPERTIES	INC.,	a	Florida
corporation

By: 	
Name: 	 Title: 		

STATE OF 	 COUNTY OF 		

The foregoing instrument was acknowledged before me by means of  physical presence or 
online notarization, this 	 day of 	, 2022, by 	, as
	of Avatar Properties Inc., a Florida corporation, who appeared before me this day in person, and who is either personally known to me, or produced 	 as identification.

NOTARY PUBLIC, STATE OF 	

(NOTARY SEAL)
Name:	 (Name of Notary Public, Printed, Stamped or Typed as Commissioned)

[SIGNATURE PAGE FOR SPECIAL WARRANTY DEED]

WITNESSES:

By: 	 Name: 	

By: 	 Name: 		GRANTEE:

POINCIANA	WEST	COMMUNITY DEVELOPMENT DISTRICT

By: 	 Name: 	 Title: 		

STATE OF 	 COUNTY OF 		

The foregoing instrument was acknowledged before me by means of  physical presence or 
online notarization, this 	 day of 	, 2022, by 	, as
	of Poinciana West Community Development District, who appeared before me this day in person, and who is either personally known to me, or produced 	 as identification.

NOTARY PUBLIC, STATE OF 	

(NOTARY SEAL)
Name:	 (Name of Notary Public, Printed, Stamped or Typed as Commissioned)

Note to Examiner: This instrument evidences a conveyance of an interest in unencumbered real estate as a gift and is exempt from Florida documentary stamp tax pursuant to Rule 12B-4.014(2)(a), Florida Administrative Code.

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Table of Contents

1		General Fund	

2-5	
	General Fund Narrative	

6	
	Fund Balance Analysis	

7	
	Debt Service Fund Series 2017 R1 & R2	

8	
	Amortization Schedule Series 2017 R1	

9	
	Amortization Schedule Series 2017 R2	
Poinciana West
Community Development District
Proposed Budget General Fund

Actuals Thru 9/30/20	Actuals Thru 9/30/21	Adopted Budget FY2022	Actuals Thru 6/30/22	Projected Next
3 Months	Total Projected 9/30/22	Proposed Budget FY2023		

Revenues								
Special Assessments - Tax Collector	$	294,895	$	295,141	$	291,294	$	291,601	$	-	$	291,601	$	291,294	
Property Conveyance Fees	$	-	$	-	$	-	$	-	$	-	$	-	$	15,000	
Interest	$	1,937	$	526	$	500	$	393	$	120	$	513	$	500	
Carry Forward Balance	$	28,276	$	1,631	$	50,003	$	27,665	$	-	$	27,665	$	36,738	
Total Revenues	$	325,108	$	297,299	$	341,797	$	319,660	$	120	$	319,780	$	343,532	

Expenditures								
Administrative								
Supervisors Fees	$	5,600	$	2,600	$	6,000	$	4,800	$	1,500	$	6,300	$	6,000	
FICA Expense	$	428	$	199	$	459	$	367	$	115	$	482	$	459	
Engineering	$	10,347	$	7,410	$	15,000	$	5,143	$	3,750	$	8,893	$	15,000	
Engineering - Property Conveyance	$	-	$	-	$	-	$	-	$	-	$	-	$	7,500	
Attorney	$	14,507	$	6,428	$	20,000	$	8,717	$	5,000	$	13,717	$	20,000	
Attorney - Property Conveyance	$	-	$	-	$	-	$	-	$	-	$	-	$	7,500	
Arbitrage	$	450	$	450	$	450	$	450	$	-	$	450	$	450	
Dissemination	$	5,350	$	5,400	$	5,500	$	4,150	$	1,250	$	5,400	$	3,500	
Annual Audit	$	3,415	$	3,310	$	3,310	$	3,310	$	-	$	3,310	$	3,410	
Trustee Fees	$	7,004	$	7,004	$	7,050	$	4,837	$	2,213	$	7,050	$	4,256	
Assessment Administration	$	5,000	$	5,000	$	5,000	$	5,000	$	-	$	5,000	$	5,000	
Management Fees	$	45,000	$	45,000	$	46,350	$	34,763	$	11,588	$	46,350	$	40,000	
Information Technology	$	1,500	$	1,500	$	1,125	$	844	$	281	$	1,125	$	1,238	
Website Maintenance	$	-	$	-	$	750	$	563	$	188	$	750	$	825	
Telephone	$	-	$	-	$	100	$	-	$	25	$	25	$	50	
Postage	$	733	$	606	$	1,250	$	417	$	313	$	730	$	1,000	
Printing & Binding	$	626	$	248	$	1,000	$	165	$	250	$	415	$	800	
Insurance	$	7,000	$	7,351	$	8,100	$	6,025	$	-	$	6,025	$	6,025	
Legal Advertising	$	5,274	$	3,053	$	2,500	$	2,132	$	625	$	2,757	$	2,500	
Other Current Charges	$	1,793	$	1,156	$	2,400	$	1,543	$	600	$	2,143	$	2,400	
Office Supplies	$	171	$	63	$	300	$	77	$	75	$	152	$	200	
Property Appraiser	$	3,099	$	3,099	$	3,100	$	-	$	3,100	$	3,100	$	3,100	
Settlement Agreement	$	14,371	$	-	$	-	$	-	$	-	$	-	$	-	
Dues, Licenses & Subscriptions	$	175	$	175	$	175	$	175	$	-	$	175	$	175	
Total Administrative	$	131,844	$	100,052	$	129,919	$	83,476	$	30,871	$	114,347	$	131,388	

Operations & Maintenance								
Field Services	$	10,000	$	10,000	$	10,300	$	7,725	$	2,575	$	10,300	$	10,300	
Landscape Maintenance	$	56,294	$	56,294	$	61,713	$	43,065	$	14,496	$	57,560	$	63,882	
Aquatic Control Maintenance	$	57,000	$	57,000	$	66,865	$	43,756	$	14,753	$	58,509	$	64,963	
Aquatic Midge Maintenance	$	23,800	$	23,800	$	30,000	$	18,743	$	6,248	$	24,990	$	30,000	
R&M Plant Replacement	$	-	$	-	$	3,000	$	-	$	750	$	750	$	3,000	
Storm Structure Repairs	$	1,958	$	150	$	10,000	$	2,225	$	2,500	$	4,725	$	10,000	
Contingency	$	2,660	$	-	$	20,000	$	4,360	$	5,000	$	9,360	$	20,000	
Capital Outlay	$	-	$	-	$	10,000	$	-	$	2,500	$	2,500	$	10,000	
Total Operations & Maintenance	$	151,712	$	147,244	$	211,878	$	119,873	$	48,821	$	168,695	$	212,144	
								
Total Expenditures	$	283,556	$	247,296	$	341,797	$	203,349	$	79,693	$	283,042	$	343,532	
								
Excess Revenues/(Expenditures)	$	41,552	$	50,003	$	-	$	116,311	$	(79,573)	$	36,738	$	-	

Net Assessments $	291,294	
Collection Cost (6%) $	18,593	
Gross Assessments $	309,887	

Property Type	Platted Units	Gross Per Unit	Gross Total	
Single Family	1650	$186.57	$307,841	
Recreational	11	$186.57	$2,052	
	1661		$309,893	
Community Development District
General Fund Budget

Revenues:

Special Assessments – Tax Collector

The District will levy a non-ad valorem assessment on all the assessable property within the District in order to pay for the operating expenditures during the fiscal year.

Interest

The District earns interest income on their operating accounts and other investments.

Expenditures:

Administrative:

Supervisors Fees

Chapter 190, Florida Statutes, allows for each Board member to receive $200 per meeting, not to exceed $4,800 per year paid to each Supervisor for the time devoted to District business and meetings. The amount is based on 5 supervisors attending 6 meetings during the fiscal year.

FICA Expense

Represents the Employer’s share of Social Security and Medicare taxes withheld from Board of Supervisor checks.

Engineering

The District's engineer, GAI Consultants, Inc., will be providing general engineering services to the District, e.g. attendance and preparation for monthly board meetings, review of invoices and requisitions, preparation and review of contract specifications and bid documents, and various projects assigned as directed by the Board of Supervisors and the District Manager.

Attorney

The District's legal counsel, Clark & Albaugh, LLP, will be providing general legal services to the District, e.g. attendance and preparation for monthly meetings, preparation and review of agreements and resolutions, and other research assigned as directed by the Board of Supervisors and the District Manager.

Arbitrage

The District will contract with an independent certified public accountant to annually calculate the District’s Arbitrage Rebate Liability on the Series 2017 R1 & R2 Special Assessment Refunding Bonds. The District has contracted with AMTEC for this service.

Dissemination

The District is required by the Security and Exchange Commission to comply with Rule 15c2-12(b)(5) which relates to additional reporting requirements for unrated bond issues.

Annual Audit

The District is required by Florida Statutes to arrange for an independent audit of its financial records on an annual basis. The District has contracted with Berger, Toombs, Elam, Gaines & Frank for this service.

Trustee Fees

The District will pay annual trustee fees for the Series 2017 R-1 & R-2 Special Assessment Refunding Bonds that are deposited with a Trustee at USBank.

Assessment Administration

The District has contracted with Governmental Management Services-CF, LLC to levy and administer the collection of non-ad valorem assessment on all assessable property within the District.

Management Fees

The District has contracted with Governmental Management Services-Central Florida, LLC to provide Management, Accounting and Recording Secretary Services for the District. The services include, but not limited to, recording and transcription of board meetings, budget preparation, all financial reporting, annual audit, etc.

Information Technology

Represents costs related to the District’s information systems, which include but are not limited to video conferencing services, cloud storage services and servers, security, accounting software, etc.

Website Maintenance

Represents the costs associated with monitoring and maintaining the District’s website created in accordance with Chapter 189, Florida Statutes. These services include site performance assessments, security and firewall maintenance, updates, document uploads, hosting and domain renewals, website backups, etc.

Telephone

Telephone and fax machine.

Postage

The District incurs charges for mailing of agenda packages, overnight deliveries, checks for vendors and other required correspondence.

Printing & Binding

Printing and Binding agenda packages for board meetings, printing of computerized checks, stationary, envelopes etc.

Insurance

The District’s general liability and public officials liability insurance coverage is provided by Public Risk Insurance. Public Risk Insurance specializes in providing insurance coverage to governmental agencies.

Legal Advertising

The District is required to advertise various notices for monthly Board meetings, public hearings, etc in a newspaper of general circulation.

Other Current Charges

Represents any miscellaneous expenses incurred during the fiscal year such as bank fees, deposit slips, stop payments, etc.

Office Supplies

The District incurs charges for office supplies that need to be purchased during the fiscal year.

Property Appraiser

Represents a fee charged by Polk County Property Appraiser’s office for assessment administration services.

Dues, Licenses & Subscriptions

The District is required to pay an annual fee to the Florida Department of Economic Opportunity for
$175. This is the only expense under this category for the District.

Operations & Maintenance:

Field Services

Provide onsite field management of contracts for the District such as landscape and lake maintenance. Services to include onsite inspections, meetings with contractors, monitoring of utility accounts, attend Board meetings and receive and respond to property owner phone calls and emails.

Landscape Maintenance

The District will maintain the lake bank maintenance that include mowing of no less than once every 7 days during the months of April 1st to October 31st and no less than once every 14 days from November 1st to March 31st. The District has contracted with Floralawn 2, LLC for this service.

Description	Monthly	Annual	
Landscape Maintenance	$4,832	$57,983	
5% Increase		$2,899	
Contingency			$3,000 	
Total		$63,882	

Aquatic Control Maintenance

Represents cost for maintenance to the ponds located within the District. Services include, but are not limited to, treatment removal and offsite disposal of nuisance vegetation and algae treatment. The District has contracted with Clarke Aquatic Services, Inc. for these services.

Description	Monthly	Annual	
Aquatic Maintenance	$4,918	$59,012	
5% Increase		$2,951	
Contingency			$3,000 	
Total		$64,963	

Aquatic Midge Management

Represents costs for aquatic midge control (blind mosquitoes, weekly ATV aerosol & monthly aerial larvicide.)

Description	Monthly	Annual	
Aquatic Midge Control	$2,083	$24,990	
5% Increase		$1,250	
Contingency			$3,760 	
Total		$30,000	

R&M – Plant Replacement

Represents estimated cost for the replacement of aquatic plants and tree replacement around the ponds.

Storm Structure Repairs

Represents estimated repair and maintenance cost to the storm structures maintained by the District.

Contingency

Represents any additional field expense that may not have been provided for in the budget.

Capital Outlay

Represents estimated cost for any capital related projects.

Projected Fund Balance Analysis

FY 2022 Projected Ending Fund Balance		
Actual Beginning Fund Balance	$  633,087	
Less: cash to balance budget	$	-	
Plus: projected excess revenue	 $	9,073 	
Projected Ending Fund Balance	 $  642,160 	
FY 2023 Estimated Ending Fund Balance		
Projected Beginning Fund Balance	$  642,160	
Less: cash to balance budget	 $	(36,738) 	
Projected Ending Fund Balance	 $  605,422 	
FY 2023 Estimated Reserves (Ending Fund Balance)		
Operating Reserve (3 months)	$	85,883	
Unreserved Fund Balance	 $  519,539 	
	 $  605,422 	
Poinciana West
Community Development District
Proposed Budget Debt Service Fund

						

						
Special Call - 11/1	$	-	$	15,000	$	-	$	15,000	$	-		
Principal - 5/1	$	425,000	$	425,000	$	-	$	425,000	$	435,000		
Interest - 5/1	$	178,771	$	178,483	$	-	$	178,483	$	171,789		
Special Call - 5/1	$	-	$	15,000	$	-	$	15,000	$	-		
Series 2017 R-2
Interest - 11/1	
$	66,075	
$	66,075	
$	-	$	66,075	
$	62,272		
Special Call -11/1	$	-	$	5,000	$	-	$	5,000	$	-		
Principal - 5/1	$	95,000	$	95,000	$	-	$	95,000	$	100,000		
Interest - 5/1	$	66,075	$	65,941	$	-	$	65,941	$	62,272		
Special Call -5/1	$	-	$	40,000	$	-	$	40,000	$	-		
Total Expenditures	$	1,020,893	$	1,084,269	$	11,200	$	1,095,469	$	1,014,323	
						
Excess Revenues/(Expenditures)	$	316,035	$	296,940	$	(11,200)	$	285,740	$	313,715	

	Series 2017 R-1	
Interest - 11/1/23	$164,993

	Series 2017 R-2	
Interest - 11/1/23	$59,584

Net Assessments	$	1,042,297	
Collection Cost (6%)	$	66,530	
Gross Assessments	$	1,108,827	

Property Type	Platted Units	Gross Per Unit	Gross Total	
Single Family	1604	$686.58	$1,101,274	
Recreational	11	$686.58	$7,552	
	1615		$1,108,827	
Poinciana West
Community Development District
Series 2017A-1 Special Assessment Refunding Bonds Amortization Schedule

Date		Balance	Prinicpal	Interest	Total	
						
11/01/22	$	8,630,000.00	$	-	$	171,789.38	$	171,789.38	
05/01/23	$	8,630,000.00	$	435,000.00	$	171,789.38		
11/01/23	$	8,195,000.00	$	-	$	164,992.50	$	771,781.88	
05/01/24	$	8,195,000.00	$	450,000.00	$	164,992.50		
11/01/24	$	7,745,000.00	$	-	$	157,680.00	$	772,672.50	
05/01/25	$	7,745,000.00	$	465,000.00	$	157,680.00		
11/01/25	$	7,280,000.00	$	-	$	149,542.50	$	772,222.50	
05/01/26	$	7,280,000.00	$	485,000.00	$	149,542.50		
11/01/26	$	6,795,000.00	$	-	$	140,812.50	$	775,355.00	
05/01/27	$	6,795,000.00	$	500,000.00	$	140,812.50		
11/01/27	$	6,295,000.00	$	-	$	131,562.50	$	772,375.00	
05/01/28	$	6,295,000.00	$	520,000.00	$	131,562.50		
11/01/28	$	5,775,000.00	$	-	$	121,812.50	$	773,375.00	
05/01/29	$	5,775,000.00	$	540,000.00	$	121,812.50		
11/01/29	$	5,235,000.00	$	-	$	111,012.50	$	772,825.00	
05/01/30	$	5,235,000.00	$	565,000.00	$	111,012.50		
11/01/30	$	4,670,000.00	$	-	$	99,359.38	$	775,371.88	
05/01/31	$	4,670,000.00	$	585,000.00	$	99,359.38		
11/01/31	$	4,085,000.00	$	-	$	87,293.75	$	771,653.13	
05/01/32	$	4,085,000.00	$	610,000.00	$	87,293.75		
11/01/32	$	3,475,000.00	$	-	$	74,712.50	$	772,006.25	
05/01/33	$	3,475,000.00	$	635,000.00	$	74,712.50		
11/01/33	$	2,840,000.00	$	-	$	61,060.00	$	770,772.50	
05/01/34	$	2,840,000.00	$	665,000.00	$	61,060.00		
11/01/34	$	2,175,000.00	$	-	$	46,762.50	$	772,822.50	
05/01/35	$	2,175,000.00	$	695,000.00	$	46,762.50		
11/01/35	$	1,480,000.00	$	-	$	31,820.00	$	773,582.50	
05/01/36	$	1,480,000.00	$	725,000.00	$	31,820.00		
11/01/36	$	755,000.00	$	-	$	16,232.50	$	773,052.50	
05/01/37	$	755,000.00	$	755,000.00	$	16,232.50	$	771,232.50	
			$	8,630,000.00	$	3,132,890.00	$	11,762,890.00	
Poinciana West
Community Development District
Series 2017A-2 Special Assessment Refunding Bonds Amortization Schedule

Date		Balance	Prinicpal	Interest		Total	
							
11/01/22	$	2,240,000.00	$	-	$	62,271.88	$	62,271.88	
05/01/23	$	2,240,000.00	$	100,000.00	$	62,271.88			
11/01/23	$	2,140,000.00	$	-	$	59,584.38	$	221,856.25	
05/01/24	$	2,140,000.00	$	105,000.00	$	59,584.38			
11/01/24	$	2,035,000.00	$	-	$	56,762.50	$	221,346.88	
05/01/25	$	2,035,000.00	$	110,000.00	$	56,762.50			
11/01/25	$	1,925,000.00	$	-	$	53,806.25	$	220,568.75	
05/01/26	$	1,925,000.00	$	115,000.00	$	53,806.25			
11/01/26	$	1,810,000.00	$	-	$	50,715.63	$	219,521.88	
05/01/27	$	1,810,000.00	$	125,000.00	$	50,715.63			
11/01/27	$	1,685,000.00	$	-	$	47,356.25	$	223,071.88	
05/01/28	$	1,685,000.00	$	130,000.00	$	47,356.25			
11/01/28	$	1,555,000.00	$	-	$	43,862.50	$	221,218.75	
05/01/29	$	1,555,000.00	$	135,000.00	$	43,862.50			
11/01/29	$	1,420,000.00	$	-	$	40,234.38	$	219,096.88	
05/01/30	$	1,420,000.00	$	145,000.00	$	40,234.38			
11/01/30	$	1,275,000.00	$	-	$	36,337.50	$	221,571.88	
05/01/31	$	1,275,000.00	$	155,000.00	$	36,337.50			
11/01/31	$	1,120,000.00	$	-	$	31,920.00	$	223,257.50	
05/01/32	$	1,120,000.00	$	160,000.00	$	31,920.00			
11/01/32	$	960,000.00	$	-	$	27,360.00	$	219,280.00	
05/01/33	$	960,000.00	$	170,000.00	$	27,360.00			
11/01/33	$	790,000.00	$	-	$	22,515.00	$	219,875.00	
05/01/34	$	790,000.00	$	180,000.00	$	22,515.00			
11/01/34	$	610,000.00	$	-	$	17,385.00	$	219,900.00	
05/01/35	$	610,000.00	$	190,000.00	$	17,385.00			
11/01/35	$	420,000.00	$	-	$	11,970.00	$	219,355.00	
05/01/36	$	420,000.00	$	205,000.00	$	11,970.00			
11/01/36	$	215,000.00	$	-	$	6,127.50	$	223,097.50	
05/01/37	$	215,000.00	$	215,000.00	$	6,127.50	$	221,127.50	
			$	2,240,000.00	$	1,136,417.50	$	3,376,417.50	

!!"#$%& "

RESOLUTION 2022-02

THE ANNUAL APPROPRIATION RESOLUTION OF THE POINCIANA WEST COMMUNITY DEVELOPMENT DISTRICT (“DISTRICT”) RELATING TO THE ANNUAL APPROPRIATIONS AND ADOPTING THE BUDGETS FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2022 AND ENDING SEPTEMBER 30, 2023; AUTHORIZING BUDGET AMENDMENTS; AND PROVIDING AN EFFECTIVE DATE.

WHEREAS, the District Manager has, prior to the fifteenth (15th) day in June, 2022, submitted to the Board of Supervisors (“Board”) of the Poinciana West Community Development District (“District”) proposed budgets (“Proposed Budgets”) for the fiscal year beginning October 1, 2022 and ending September 30, 2023 (“Fiscal Year 2022/2023”) along with an explanatory and complete financial plan for each fund of the District, pursuant to the provisions of Section 190.008(2)(a), Florida Statutes; and

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

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

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

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

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

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

SECTION 1. BUDGET

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

The Proposed Budgets, attached hereto as Exhibit A, as amended by the Board, are hereby adopted in accordance with the provisions of Section 190.008(2)(a), Florida Statutes (“Adopted Budgets”), and incorporated herein by reference; provided, however, that the comparative figures contained in the Adopted Budgets may be subsequently revised as deemed necessary by the District Manager to reflect actual revenues and expenditures.

The Adopted Budgets, as amended, shall be maintained in the office of the District Manager and at the District’s Local Records Office and identified as “The Budgets for the Poinciana West Community Development District for the Fiscal Year Ending September 30, 2023.”

The Adopted Budgets shall be posted by the District Manager on the District’s official website within thirty (30) days after adoption, and shall remain on the website for at least 2 years.

SECTION 2. APPROPRIATIONS

There is hereby appropriated out of the revenues of the District, for Fiscal Year 2022/2023, the sum of $	to be raised by the levy of assessments and/or otherwise, which sum is deemed by the Board to be necessary to defray all expenditures of the District during said budget year, to be divided and appropriated in the following fashion:

TOTAL GENERAL FUND	$	

DEBT SERVICE FUND - SERIES 2017-1 & -2	$	

CAPITAL RESERVE FUND	$	

TOTAL ALL FUNDS	$	

SECTION 3. BUDGET AMENDMENTS

Pursuant to Section 189.016, Florida Statutes, the District at any time within Fiscal Year 2022/2023 or within 60 days following the end of the Fiscal Year 2022/2023 may amend its Adopted Budget for that fiscal year as follows:

The Board may authorize an increase or decrease in line item appropriations within a fund by motion recorded in the minutes if the total appropriations of the fund do not increase.

The District Manager or Treasurer may authorize an increase or decrease in line item appropriations within a fund if the total appropriations of the fund do not

increase and if the aggregate change in the original appropriation item does not exceed $10,000 or 10% of the original appropriation.

By resolution, the Board may increase any appropriation item and/or fund to reflect receipt of any additional unbudgeted monies and make the corresponding change to appropriations or the unappropriated balance.

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

The District Manager or Treasurer must establish administrative procedures to ensure that any budget amendments are in compliance with this Section 3 and Section 189.016, Florida Statutes, among other applicable laws. Among other procedures, the District Manager or Treasurer must ensure that any amendments to budget under subparagraphs c. and d. above are posted on the District’s website within 5 days after adoption and remain on the website for at least 2 years.

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

PASSED AND ADOPTED THIS 20th DAY OF JULY, 2022.

ATTEST:	POINCIANA	WEST	COMMUNITY DEVELOPMENT DISTRICT

Secretary/Assistant Secretary
By:	 Its:	
84/158
Table of Contents

1		General Fund	

2-5	
	General Fund Narrative	

6	
	Fund Balance Analysis	

7	
	Debt Service Fund Series 2017 R1 & R2	

8	
	Amortization Schedule Series 2017 R1	

9	
	Amortization Schedule Series 2017 R2	
Poinciana West
Community Development District
Proposed Budget General Fund

Actuals Thru 9/30/20	Actuals Thru 9/30/21	Adopted Budget FY2022	Actuals Thru 6/30/22	Projected Next
3 Months	Total Projected 9/30/22	Proposed Budget FY2023		

Revenues								
Special Assessments - Tax Collector	$	294,895	$	295,141	$	291,294	$	291,601	$	-	$	291,601	$	291,294	
Property Conveyance Fees	$	-	$	-	$	-	$	-	$	-	$	-	$	15,000	
Interest	$	1,937	$	526	$	500	$	393	$	120	$	513	$	500	
Carry Forward Balance	$	28,276	$	1,631	$	50,003	$	27,665	$	-	$	27,665	$	36,738	
Total Revenues	$	325,108	$	297,299	$	341,797	$	319,660	$	120	$	319,780	$	343,532	

Expenditures								
Administrative								
Supervisors Fees	$	5,600	$	2,600	$	6,000	$	4,800	$	1,500	$	6,300	$	6,000	
FICA Expense	$	428	$	199	$	459	$	367	$	115	$	482	$	459	
Engineering	$	10,347	$	7,410	$	15,000	$	5,143	$	3,750	$	8,893	$	15,000	
Engineering - Property Conveyance	$	-	$	-	$	-	$	-	$	-	$	-	$	7,500	
Attorney	$	14,507	$	6,428	$	20,000	$	8,717	$	5,000	$	13,717	$	20,000	
Attorney - Property Conveyance	$	-	$	-	$	-	$	-	$	-	$	-	$	7,500	
Arbitrage	$	450	$	450	$	450	$	450	$	-	$	450	$	450	
Dissemination	$	5,350	$	5,400	$	5,500	$	4,150	$	1,250	$	5,400	$	3,500	
Annual Audit	$	3,415	$	3,310	$	3,310	$	3,310	$	-	$	3,310	$	3,410	
Trustee Fees	$	7,004	$	7,004	$	7,050	$	4,837	$	2,213	$	7,050	$	4,256	
Assessment Administration	$	5,000	$	5,000	$	5,000	$	5,000	$	-	$	5,000	$	5,000	
Management Fees	$	45,000	$	45,000	$	46,350	$	34,763	$	11,588	$	46,350	$	40,000	
Information Technology	$	1,500	$	1,500	$	1,125	$	844	$	281	$	1,125	$	1,238	
Website Maintenance	$	-	$	-	$	750	$	563	$	188	$	750	$	825	
Telephone	$	-	$	-	$	100	$	-	$	25	$	25	$	50	
Postage	$	733	$	606	$	1,250	$	417	$	313	$	730	$	1,000	
Printing & Binding	$	626	$	248	$	1,000	$	165	$	250	$	415	$	800	
Insurance	$	7,000	$	7,351	$	8,100	$	6,025	$	-	$	6,025	$	6,025	
Legal Advertising	$	5,274	$	3,053	$	2,500	$	2,132	$	625	$	2,757	$	2,500	
Other Current Charges	$	1,793	$	1,156	$	2,400	$	1,543	$	600	$	2,143	$	2,400	
Office Supplies	$	171	$	63	$	300	$	77	$	75	$	152	$	200	
Property Appraiser	$	3,099	$	3,099	$	3,100	$	-	$	3,100	$	3,100	$	3,100	
Settlement Agreement	$	14,371	$	-	$	-	$	-	$	-	$	-	$	-	
Dues, Licenses & Subscriptions	$	175	$	175	$	175	$	175	$	-	$	175	$	175	
Total Administrative	$	131,844	$	100,052	$	129,919	$	83,476	$	30,871	$	114,347	$	131,388	

Operations & Maintenance								
Field Services	$	10,000	$	10,000	$	10,300	$	7,725	$	2,575	$	10,300	$	10,300	
Landscape Maintenance	$	56,294	$	56,294	$	61,713	$	43,065	$	14,496	$	57,560	$	63,882	
Aquatic Control Maintenance	$	57,000	$	57,000	$	66,865	$	43,756	$	14,753	$	58,509	$	64,963	
Aquatic Midge Maintenance	$	23,800	$	23,800	$	30,000	$	18,743	$	6,248	$	24,990	$	30,000	
R&M Plant Replacement	$	-	$	-	$	3,000	$	-	$	750	$	750	$	3,000	
Storm Structure Repairs	$	1,958	$	150	$	10,000	$	2,225	$	2,500	$	4,725	$	10,000	
Contingency	$	2,660	$	-	$	20,000	$	4,360	$	5,000	$	9,360	$	20,000	
Capital Outlay	$	-	$	-	$	10,000	$	-	$	2,500	$	2,500	$	10,000	
Total Operations & Maintenance	$	151,712	$	147,244	$	211,878	$	119,873	$	48,821	$	168,695	$	212,144	
								
Total Expenditures	$	283,556	$	247,296	$	341,797	$	203,349	$	79,693	$	283,042	$	343,532	
								
Excess Revenues/(Expenditures)	$	41,552	$	50,003	$	-	$	116,311	$	(79,573)	$	36,738	$	-	

Net Assessments $	291,294	
Collection Cost (6%) $	18,593	
Gross Assessments $	309,887	

Property Type	Platted Units	Gross Per Unit	Gross Total	
Single Family	1650	$186.57	$307,841	
Recreational	11	$186.57	$2,052	
	1661		$309,893	
Community Development District
General Fund Budget

Revenues:

Special Assessments – Tax Collector

The District will levy a non-ad valorem assessment on all the assessable property within the District in order to pay for the operating expenditures during the fiscal year.

Interest

The District earns interest income on their operating accounts and other investments.

Expenditures:

Administrative:

Supervisors Fees

Chapter 190, Florida Statutes, allows for each Board member to receive $200 per meeting, not to exceed $4,800 per year paid to each Supervisor for the time devoted to District business and meetings. The amount is based on 5 supervisors attending 6 meetings during the fiscal year.

FICA Expense

Represents the Employer’s share of Social Security and Medicare taxes withheld from Board of Supervisor checks.

Engineering

The District's engineer, GAI Consultants, Inc., will be providing general engineering services to the District, e.g. attendance and preparation for monthly board meetings, review of invoices and requisitions, preparation and review of contract specifications and bid documents, and various projects assigned as directed by the Board of Supervisors and the District Manager.

Attorney

The District's legal counsel, Clark & Albaugh, LLP, will be providing general legal services to the District, e.g. attendance and preparation for monthly meetings, preparation and review of agreements and resolutions, and other research assigned as directed by the Board of Supervisors and the District Manager.

Arbitrage

The District will contract with an independent certified public accountant to annually calculate the District’s Arbitrage Rebate Liability on the Series 2017 R1 & R2 Special Assessment Refunding Bonds. The District has contracted with AMTEC for this service.

Dissemination

The District is required by the Security and Exchange Commission to comply with Rule 15c2-12(b)(5) which relates to additional reporting requirements for unrated bond issues.

Annual Audit

The District is required by Florida Statutes to arrange for an independent audit of its financial records on an annual basis. The District has contracted with Berger, Toombs, Elam, Gaines & Frank for this service.

Trustee Fees

The District will pay annual trustee fees for the Series 2017 R-1 & R-2 Special Assessment Refunding Bonds that are deposited with a Trustee at USBank.

Assessment Administration

The District has contracted with Governmental Management Services-CF, LLC to levy and administer the collection of non-ad valorem assessment on all assessable property within the District.

Management Fees

The District has contracted with Governmental Management Services-Central Florida, LLC to provide Management, Accounting and Recording Secretary Services for the District. The services include, but not limited to, recording and transcription of board meetings, budget preparation, all financial reporting, annual audit, etc.

Information Technology

Represents costs related to the District’s information systems, which include but are not limited to video conferencing services, cloud storage services and servers, security, accounting software, etc.

Website Maintenance

Represents the costs associated with monitoring and maintaining the District’s website created in accordance with Chapter 189, Florida Statutes. These services include site performance assessments, security and firewall maintenance, updates, document uploads, hosting and domain renewals, website backups, etc.

Telephone

Telephone and fax machine.

Postage

The District incurs charges for mailing of agenda packages, overnight deliveries, checks for vendors and other required correspondence.

Printing & Binding

Printing and Binding agenda packages for board meetings, printing of computerized checks, stationary, envelopes etc.

Insurance

The District’s general liability and public officials liability insurance coverage is provided by Public Risk Insurance. Public Risk Insurance specializes in providing insurance coverage to governmental agencies.

Legal Advertising

The District is required to advertise various notices for monthly Board meetings, public hearings, etc in a newspaper of general circulation.

Other Current Charges

Represents any miscellaneous expenses incurred during the fiscal year such as bank fees, deposit slips, stop payments, etc.

Office Supplies

The District incurs charges for office supplies that need to be purchased during the fiscal year.

Property Appraiser

Represents a fee charged by Polk County Property Appraiser’s office for assessment administration services.

Dues, Licenses & Subscriptions

The District is required to pay an annual fee to the Florida Department of Economic Opportunity for
$175. This is the only expense under this category for the District.

Operations & Maintenance:

Field Services

Provide onsite field management of contracts for the District such as landscape and lake maintenance. Services to include onsite inspections, meetings with contractors, monitoring of utility accounts, attend Board meetings and receive and respond to property owner phone calls and emails.

Landscape Maintenance

The District will maintain the lake bank maintenance that include mowing of no less than once every 7 days during the months of April 1st to October 31st and no less than once every 14 days from November 1st to March 31st. The District has contracted with Floralawn 2, LLC for this service.

Description	Monthly	Annual	
Landscape Maintenance	$4,832	$57,983	
5% Increase		$2,899	
Contingency			$3,000 	
Total		$63,882	

Aquatic Control Maintenance

Represents cost for maintenance to the ponds located within the District. Services include, but are not limited to, treatment removal and offsite disposal of nuisance vegetation and algae treatment. The District has contracted with Clarke Aquatic Services, Inc. for these services.

Description	Monthly	Annual	
Aquatic Maintenance	$4,918	$59,012	
5% Increase		$2,951	
Contingency			$3,000 	
Total		$64,963	

Aquatic Midge Management

Represents costs for aquatic midge control (blind mosquitoes, weekly ATV aerosol & monthly aerial larvicide.)

Description	Monthly	Annual	
Aquatic Midge Control	$2,083	$24,990	
5% Increase		$1,250	
Contingency			$3,760 	
Total		$30,000	

R&M – Plant Replacement

Represents estimated cost for the replacement of aquatic plants and tree replacement around the ponds.

Storm Structure Repairs

Represents estimated repair and maintenance cost to the storm structures maintained by the District.

Contingency

Represents any additional field expense that may not have been provided for in the budget.

Capital Outlay

Represents estimated cost for any capital related projects.

Projected Fund Balance Analysis

FY 2022 Projected Ending Fund Balance		
Actual Beginning Fund Balance	$  633,087	
Less: cash to balance budget	$	-	
Plus: projected excess revenue	 $	9,073 	
Projected Ending Fund Balance	 $  642,160 	
FY 2023 Estimated Ending Fund Balance		
Projected Beginning Fund Balance	$  642,160	
Less: cash to balance budget	 $	(36,738) 	
Projected Ending Fund Balance	 $  605,422 	
FY 2023 Estimated Reserves (Ending Fund Balance)		
Operating Reserve (3 months)	$	85,883	
Unreserved Fund Balance	 $  519,539 	
	 $  605,422 	
Poinciana West
Community Development District
Proposed Budget Debt Service Fund

						

						
Special Call - 11/1	$	-	$	15,000	$	-	$	15,000	$	-		
Principal - 5/1	$	425,000	$	425,000	$	-	$	425,000	$	435,000		
Interest - 5/1	$	178,771	$	178,483	$	-	$	178,483	$	171,789		
Special Call - 5/1	$	-	$	15,000	$	-	$	15,000	$	-		
Series 2017 R-2
Interest - 11/1	
$	66,075	
$	66,075	
$	-	$	66,075	
$	62,272		
Special Call -11/1	$	-	$	5,000	$	-	$	5,000	$	-		
Principal - 5/1	$	95,000	$	95,000	$	-	$	95,000	$	100,000		
Interest - 5/1	$	66,075	$	65,941	$	-	$	65,941	$	62,272		
Special Call -5/1	$	-	$	40,000	$	-	$	40,000	$	-		
Total Expenditures	$	1,020,893	$	1,084,269	$	11,200	$	1,095,469	$	1,014,323	
						
Excess Revenues/(Expenditures)	$	316,035	$	296,940	$	(11,200)	$	285,740	$	313,715	

	Series 2017 R-1	
Interest - 11/1/23	$164,993

	Series 2017 R-2	
Interest - 11/1/23	$59,584

Net Assessments	$	1,042,297	
Collection Cost (6%)	$	66,530	
Gross Assessments	$	1,108,827	

Property Type	Platted Units	Gross Per Unit	Gross Total	
Single Family	1604	$686.58	$1,101,274	
Recreational	11	$686.58	$7,552	
	1615		$1,108,827	
Poinciana West
Community Development District
Series 2017A-1 Special Assessment Refunding Bonds Amortization Schedule

Date		Balance	Prinicpal	Interest	Total	
						
11/01/22	$	8,630,000.00	$	-	$	171,789.38	$	171,789.38	
05/01/23	$	8,630,000.00	$	435,000.00	$	171,789.38		
11/01/23	$	8,195,000.00	$	-	$	164,992.50	$	771,781.88	
05/01/24	$	8,195,000.00	$	450,000.00	$	164,992.50		
11/01/24	$	7,745,000.00	$	-	$	157,680.00	$	772,672.50	
05/01/25	$	7,745,000.00	$	465,000.00	$	157,680.00		
11/01/25	$	7,280,000.00	$	-	$	149,542.50	$	772,222.50	
05/01/26	$	7,280,000.00	$	485,000.00	$	149,542.50		
11/01/26	$	6,795,000.00	$	-	$	140,812.50	$	775,355.00	
05/01/27	$	6,795,000.00	$	500,000.00	$	140,812.50		
11/01/27	$	6,295,000.00	$	-	$	131,562.50	$	772,375.00	
05/01/28	$	6,295,000.00	$	520,000.00	$	131,562.50		
11/01/28	$	5,775,000.00	$	-	$	121,812.50	$	773,375.00	
05/01/29	$	5,775,000.00	$	540,000.00	$	121,812.50		
11/01/29	$	5,235,000.00	$	-	$	111,012.50	$	772,825.00	
05/01/30	$	5,235,000.00	$	565,000.00	$	111,012.50		
11/01/30	$	4,670,000.00	$	-	$	99,359.38	$	775,371.88	
05/01/31	$	4,670,000.00	$	585,000.00	$	99,359.38		
11/01/31	$	4,085,000.00	$	-	$	87,293.75	$	771,653.13	
05/01/32	$	4,085,000.00	$	610,000.00	$	87,293.75		
11/01/32	$	3,475,000.00	$	-	$	74,712.50	$	772,006.25	
05/01/33	$	3,475,000.00	$	635,000.00	$	74,712.50		
11/01/33	$	2,840,000.00	$	-	$	61,060.00	$	770,772.50	
05/01/34	$	2,840,000.00	$	665,000.00	$	61,060.00		
11/01/34	$	2,175,000.00	$	-	$	46,762.50	$	772,822.50	
05/01/35	$	2,175,000.00	$	695,000.00	$	46,762.50		
11/01/35	$	1,480,000.00	$	-	$	31,820.00	$	773,582.50	
05/01/36	$	1,480,000.00	$	725,000.00	$	31,820.00		
11/01/36	$	755,000.00	$	-	$	16,232.50	$	773,052.50	
05/01/37	$	755,000.00	$	755,000.00	$	16,232.50	$	771,232.50	
			$	8,630,000.00	$	3,132,890.00	$	11,762,890.00	
Poinciana West
Community Development District
Series 2017A-2 Special Assessment Refunding Bonds Amortization Schedule

Date		Balance	Prinicpal	Interest		Total	
							
11/01/22	$	2,240,000.00	$	-	$	62,271.88	$	62,271.88	
05/01/23	$	2,240,000.00	$	100,000.00	$	62,271.88			
11/01/23	$	2,140,000.00	$	-	$	59,584.38	$	221,856.25	
05/01/24	$	2,140,000.00	$	105,000.00	$	59,584.38			
11/01/24	$	2,035,000.00	$	-	$	56,762.50	$	221,346.88	
05/01/25	$	2,035,000.00	$	110,000.00	$	56,762.50			
11/01/25	$	1,925,000.00	$	-	$	53,806.25	$	220,568.75	
05/01/26	$	1,925,000.00	$	115,000.00	$	53,806.25			
11/01/26	$	1,810,000.00	$	-	$	50,715.63	$	219,521.88	
05/01/27	$	1,810,000.00	$	125,000.00	$	50,715.63			
11/01/27	$	1,685,000.00	$	-	$	47,356.25	$	223,071.88	
05/01/28	$	1,685,000.00	$	130,000.00	$	47,356.25			
11/01/28	$	1,555,000.00	$	-	$	43,862.50	$	221,218.75	
05/01/29	$	1,555,000.00	$	135,000.00	$	43,862.50			
11/01/29	$	1,420,000.00	$	-	$	40,234.38	$	219,096.88	
05/01/30	$	1,420,000.00	$	145,000.00	$	40,234.38			
11/01/30	$	1,275,000.00	$	-	$	36,337.50	$	221,571.88	
05/01/31	$	1,275,000.00	$	155,000.00	$	36,337.50			
11/01/31	$	1,120,000.00	$	-	$	31,920.00	$	223,257.50	
05/01/32	$	1,120,000.00	$	160,000.00	$	31,920.00			
11/01/32	$	960,000.00	$	-	$	27,360.00	$	219,280.00	
05/01/33	$	960,000.00	$	170,000.00	$	27,360.00			
11/01/33	$	790,000.00	$	-	$	22,515.00	$	219,875.00	
05/01/34	$	790,000.00	$	180,000.00	$	22,515.00			
11/01/34	$	610,000.00	$	-	$	17,385.00	$	219,900.00	
05/01/35	$	610,000.00	$	190,000.00	$	17,385.00			
11/01/35	$	420,000.00	$	-	$	11,970.00	$	219,355.00	
05/01/36	$	420,000.00	$	205,000.00	$	11,970.00			
11/01/36	$	215,000.00	$	-	$	6,127.50	$	223,097.50	
05/01/37	$	215,000.00	$	215,000.00	$	6,127.50	$	221,127.50	
			$	2,240,000.00	$	1,136,417.50	$	3,376,417.50	

!!"#$%&  E

RESOLUTION 2022-03

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE POINCIANA WEST COMMUNITY DEVELOPMENT DISTRICT MAKING A DETERMINATION OF BENEFIT AND IMPOSING SPECIAL ASSESSMENTS FOR FISCAL YEAR 2022/2023; PROVIDING FOR THE COLLECTION AND ENFORCEMENT OF SPECIAL ASSESSMENTS; CERTIFYING AN ASSESSMENT ROLL; PROVIDING FOR AMENDMENTS TO THE ASSESSMENT ROLL; PROVIDING A SEVERABILITY CLAUSE; AND PROVIDING AN EFFECTIVE DATE.

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

WHEREAS, the District is located in Polk County, Florida (“County”); and

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

WHEREAS, the Board of Supervisors (“Board”) of the District hereby determines to undertake various operations and maintenance and other activities described in the District’s budget (“Adopted Budget”) for the fiscal year beginning October 1, 2022 and ending September 30, 2023 (“Fiscal Year 2021/2022”), attached hereto as Exhibit A and incorporated by reference herein; and

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

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

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

WHEREAS, it is in the best interests of the District to proceed with the imposition of the special assessments for operations and maintenance in the amount set forth in the Adopted Budget; and
WHEREAS, the District has previously levied an assessment for debt service, which the District desires to collect for Fiscal Year 2022/2023; and

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

WHEREAS, it is in the best interests of the District to adopt the Assessment Roll of the Poinciana West Community Development District (“Assessment Roll”) attached to this Resolution as Exhibit B and incorporated as a material part of this Resolution by this reference, and to certify the Assessment Roll to the County Tax Collector pursuant to the Uniform Method; and
WHEREAS, it is in the best interests of the District to permit the District Manager to amend the Assessment Roll, certified to the County Tax Collector by this Resolution, as the Property Appraiser updates the property roll for the County, for such time as authorized by Florida law.

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

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

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

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

SECTION 4. ASSESSMENT ROLL. The Assessment Roll, attached to this Resolution as Exhibit B, is hereby certified to the County Tax Collector and shall be collected by the County Tax Collector in the same manner and time as County taxes. The proceeds therefrom shall be paid

to the District.

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

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

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

PASSED AND ADOPTED THIS 20th DAY OF JULY, 2022.

Witness:	POINCIANA WEST COMMUNITY DEVELOPMENT DISTRICT

Secretary / Assistant Secretary
By: 	 Its: 		

Exhibit A:	Budget
Exhibit B:	Assessment Roll
99/158
Table of Contents

1		General Fund	

2-5	
	General Fund Narrative	

6	
	Fund Balance Analysis	

7	
	Debt Service Fund Series 2017 R1 & R2	

8	
	Amortization Schedule Series 2017 R1	

9	
	Amortization Schedule Series 2017 R2	
Poinciana West
Community Development District
Proposed Budget General Fund

Actuals Thru 9/30/20	Actuals Thru 9/30/21	Adopted Budget FY2022	Actuals Thru 6/30/22	Projected Next
3 Months	Total Projected 9/30/22	Proposed Budget FY2023		

Revenues								
Special Assessments - Tax Collector	$	294,895	$	295,141	$	291,294	$	291,601	$	-	$	291,601	$	291,294	
Property Conveyance Fees	$	-	$	-	$	-	$	-	$	-	$	-	$	15,000	
Interest	$	1,937	$	526	$	500	$	393	$	120	$	513	$	500	
Carry Forward Balance	$	28,276	$	1,631	$	50,003	$	27,665	$	-	$	27,665	$	36,738	
Total Revenues	$	325,108	$	297,299	$	341,797	$	319,660	$	120	$	319,780	$	343,532	

Expenditures								
Administrative								
Supervisors Fees	$	5,600	$	2,600	$	6,000	$	4,800	$	1,500	$	6,300	$	6,000	
FICA Expense	$	428	$	199	$	459	$	367	$	115	$	482	$	459	
Engineering	$	10,347	$	7,410	$	15,000	$	5,143	$	3,750	$	8,893	$	15,000	
Engineering - Property Conveyance	$	-	$	-	$	-	$	-	$	-	$	-	$	7,500	
Attorney	$	14,507	$	6,428	$	20,000	$	8,717	$	5,000	$	13,717	$	20,000	
Attorney - Property Conveyance	$	-	$	-	$	-	$	-	$	-	$	-	$	7,500	
Arbitrage	$	450	$	450	$	450	$	450	$	-	$	450	$	450	
Dissemination	$	5,350	$	5,400	$	5,500	$	4,150	$	1,250	$	5,400	$	3,500	
Annual Audit	$	3,415	$	3,310	$	3,310	$	3,310	$	-	$	3,310	$	3,410	
Trustee Fees	$	7,004	$	7,004	$	7,050	$	4,837	$	2,213	$	7,050	$	4,256	
Assessment Administration	$	5,000	$	5,000	$	5,000	$	5,000	$	-	$	5,000	$	5,000	
Management Fees	$	45,000	$	45,000	$	46,350	$	34,763	$	11,588	$	46,350	$	40,000	
Information Technology	$	1,500	$	1,500	$	1,125	$	844	$	281	$	1,125	$	1,238	
Website Maintenance	$	-	$	-	$	750	$	563	$	188	$	750	$	825	
Telephone	$	-	$	-	$	100	$	-	$	25	$	25	$	50	
Postage	$	733	$	606	$	1,250	$	417	$	313	$	730	$	1,000	
Printing & Binding	$	626	$	248	$	1,000	$	165	$	250	$	415	$	800	
Insurance	$	7,000	$	7,351	$	8,100	$	6,025	$	-	$	6,025	$	6,025	
Legal Advertising	$	5,274	$	3,053	$	2,500	$	2,132	$	625	$	2,757	$	2,500	
Other Current Charges	$	1,793	$	1,156	$	2,400	$	1,543	$	600	$	2,143	$	2,400	
Office Supplies	$	171	$	63	$	300	$	77	$	75	$	152	$	200	
Property Appraiser	$	3,099	$	3,099	$	3,100	$	-	$	3,100	$	3,100	$	3,100	
Settlement Agreement	$	14,371	$	-	$	-	$	-	$	-	$	-	$	-	
Dues, Licenses & Subscriptions	$	175	$	175	$	175	$	175	$	-	$	175	$	175	
Total Administrative	$	131,844	$	100,052	$	129,919	$	83,476	$	30,871	$	114,347	$	131,388	

Operations & Maintenance								
Field Services	$	10,000	$	10,000	$	10,300	$	7,725	$	2,575	$	10,300	$	10,300	
Landscape Maintenance	$	56,294	$	56,294	$	61,713	$	43,065	$	14,496	$	57,560	$	63,882	
Aquatic Control Maintenance	$	57,000	$	57,000	$	66,865	$	43,756	$	14,753	$	58,509	$	64,963	
Aquatic Midge Maintenance	$	23,800	$	23,800	$	30,000	$	18,743	$	6,248	$	24,990	$	30,000	
R&M Plant Replacement	$	-	$	-	$	3,000	$	-	$	750	$	750	$	3,000	
Storm Structure Repairs	$	1,958	$	150	$	10,000	$	2,225	$	2,500	$	4,725	$	10,000	
Contingency	$	2,660	$	-	$	20,000	$	4,360	$	5,000	$	9,360	$	20,000	
Capital Outlay	$	-	$	-	$	10,000	$	-	$	2,500	$	2,500	$	10,000	
Total Operations & Maintenance	$	151,712	$	147,244	$	211,878	$	119,873	$	48,821	$	168,695	$	212,144	
								
Total Expenditures	$	283,556	$	247,296	$	341,797	$	203,349	$	79,693	$	283,042	$	343,532	
								
Excess Revenues/(Expenditures)	$	41,552	$	50,003	$	-	$	116,311	$	(79,573)	$	36,738	$	-	

Net Assessments $	291,294	
Collection Cost (6%) $	18,593	
Gross Assessments $	309,887	

Property Type	Platted Units	Gross Per Unit	Gross Total	
Single Family	1650	$186.57	$307,841	
Recreational	11	$186.57	$2,052	
	1661		$309,893	
Community Development District
General Fund Budget

Revenues:

Special Assessments – Tax Collector

The District will levy a non-ad valorem assessment on all the assessable property within the District in order to pay for the operating expenditures during the fiscal year.

Interest

The District earns interest income on their operating accounts and other investments.

Expenditures:

Administrative:

Supervisors Fees

Chapter 190, Florida Statutes, allows for each Board member to receive $200 per meeting, not to exceed $4,800 per year paid to each Supervisor for the time devoted to District business and meetings. The amount is based on 5 supervisors attending 6 meetings during the fiscal year.

FICA Expense

Represents the Employer’s share of Social Security and Medicare taxes withheld from Board of Supervisor checks.

Engineering

The District's engineer, GAI Consultants, Inc., will be providing general engineering services to the District, e.g. attendance and preparation for monthly board meetings, review of invoices and requisitions, preparation and review of contract specifications and bid documents, and various projects assigned as directed by the Board of Supervisors and the District Manager.

Attorney

The District's legal counsel, Clark & Albaugh, LLP, will be providing general legal services to the District, e.g. attendance and preparation for monthly meetings, preparation and review of agreements and resolutions, and other research assigned as directed by the Board of Supervisors and the District Manager.

Arbitrage

The District will contract with an independent certified public accountant to annually calculate the District’s Arbitrage Rebate Liability on the Series 2017 R1 & R2 Special Assessment Refunding Bonds. The District has contracted with AMTEC for this service.

Dissemination

The District is required by the Security and Exchange Commission to comply with Rule 15c2-12(b)(5) which relates to additional reporting requirements for unrated bond issues.

Annual Audit

The District is required by Florida Statutes to arrange for an independent audit of its financial records on an annual basis. The District has contracted with Berger, Toombs, Elam, Gaines & Frank for this service.

Trustee Fees

The District will pay annual trustee fees for the Series 2017 R-1 & R-2 Special Assessment Refunding Bonds that are deposited with a Trustee at USBank.

Assessment Administration

The District has contracted with Governmental Management Services-CF, LLC to levy and administer the collection of non-ad valorem assessment on all assessable property within the District.

Management Fees

The District has contracted with Governmental Management Services-Central Florida, LLC to provide Management, Accounting and Recording Secretary Services for the District. The services include, but not limited to, recording and transcription of board meetings, budget preparation, all financial reporting, annual audit, etc.

Information Technology

Represents costs related to the District’s information systems, which include but are not limited to video conferencing services, cloud storage services and servers, security, accounting software, etc.

Website Maintenance

Represents the costs associated with monitoring and maintaining the District’s website created in accordance with Chapter 189, Florida Statutes. These services include site performance assessments, security and firewall maintenance, updates, document uploads, hosting and domain renewals, website backups, etc.

Telephone

Telephone and fax machine.

Postage

The District incurs charges for mailing of agenda packages, overnight deliveries, checks for vendors and other required correspondence.

Printing & Binding

Printing and Binding agenda packages for board meetings, printing of computerized checks, stationary, envelopes etc.

Insurance

The District’s general liability and public officials liability insurance coverage is provided by Public Risk Insurance. Public Risk Insurance specializes in providing insurance coverage to governmental agencies.

Legal Advertising

The District is required to advertise various notices for monthly Board meetings, public hearings, etc in a newspaper of general circulation.

Other Current Charges

Represents any miscellaneous expenses incurred during the fiscal year such as bank fees, deposit slips, stop payments, etc.

Office Supplies

The District incurs charges for office supplies that need to be purchased during the fiscal year.

Property Appraiser

Represents a fee charged by Polk County Property Appraiser’s office for assessment administration services.

Dues, Licenses & Subscriptions

The District is required to pay an annual fee to the Florida Department of Economic Opportunity for
$175. This is the only expense under this category for the District.

Operations & Maintenance:

Field Services

Provide onsite field management of contracts for the District such as landscape and lake maintenance. Services to include onsite inspections, meetings with contractors, monitoring of utility accounts, attend Board meetings and receive and respond to property owner phone calls and emails.

Landscape Maintenance

The District will maintain the lake bank maintenance that include mowing of no less than once every 7 days during the months of April 1st to October 31st and no less than once every 14 days from November 1st to March 31st. The District has contracted with Floralawn 2, LLC for this service.

Description	Monthly	Annual	
Landscape Maintenance	$4,832	$57,983	
5% Increase		$2,899	
Contingency			$3,000 	
Total		$63,882	

Aquatic Control Maintenance

Represents cost for maintenance to the ponds located within the District. Services include, but are not limited to, treatment removal and offsite disposal of nuisance vegetation and algae treatment. The District has contracted with Clarke Aquatic Services, Inc. for these services.

Description	Monthly	Annual	
Aquatic Maintenance	$4,918	$59,012	
5% Increase		$2,951	
Contingency			$3,000 	
Total		$64,963	

Aquatic Midge Management

Represents costs for aquatic midge control (blind mosquitoes, weekly ATV aerosol & monthly aerial larvicide.)

Description	Monthly	Annual	
Aquatic Midge Control	$2,083	$24,990	
5% Increase		$1,250	
Contingency			$3,760 	
Total		$30,000	

R&M – Plant Replacement

Represents estimated cost for the replacement of aquatic plants and tree replacement around the ponds.

Storm Structure Repairs

Represents estimated repair and maintenance cost to the storm structures maintained by the District.

Contingency

Represents any additional field expense that may not have been provided for in the budget.

Capital Outlay

Represents estimated cost for any capital related projects.

Projected Fund Balance Analysis

FY 2022 Projected Ending Fund Balance		
Actual Beginning Fund Balance	$  633,087	
Less: cash to balance budget	$	-	
Plus: projected excess revenue	 $	9,073 	
Projected Ending Fund Balance	 $  642,160 	
FY 2023 Estimated Ending Fund Balance		
Projected Beginning Fund Balance	$  642,160	
Less: cash to balance budget	 $	(36,738) 	
Projected Ending Fund Balance	 $  605,422 	
FY 2023 Estimated Reserves (Ending Fund Balance)		
Operating Reserve (3 months)	$	85,883	
Unreserved Fund Balance	 $  519,539 	
	 $  605,422 	
Poinciana West
Community Development District
Proposed Budget Debt Service Fund

						

						
Special Call - 11/1	$	-	$	15,000	$	-	$	15,000	$	-		
Principal - 5/1	$	425,000	$	425,000	$	-	$	425,000	$	435,000		
Interest - 5/1	$	178,771	$	178,483	$	-	$	178,483	$	171,789		
Special Call - 5/1	$	-	$	15,000	$	-	$	15,000	$	-		
Series 2017 R-2
Interest - 11/1	
$	66,075	
$	66,075	
$	-	$	66,075	
$	62,272		
Special Call -11/1	$	-	$	5,000	$	-	$	5,000	$	-		
Principal - 5/1	$	95,000	$	95,000	$	-	$	95,000	$	100,000		
Interest - 5/1	$	66,075	$	65,941	$	-	$	65,941	$	62,272		
Special Call -5/1	$	-	$	40,000	$	-	$	40,000	$	-		
Total Expenditures	$	1,020,893	$	1,084,269	$	11,200	$	1,095,469	$	1,014,323	
						
Excess Revenues/(Expenditures)	$	316,035	$	296,940	$	(11,200)	$	285,740	$	313,715	

	Series 2017 R-1	
Interest - 11/1/23	$164,993

	Series 2017 R-2	
Interest - 11/1/23	$59,584

Net Assessments	$	1,042,297	
Collection Cost (6%)	$	66,530	
Gross Assessments	$	1,108,827	

Property Type	Platted Units	Gross Per Unit	Gross Total	
Single Family	1604	$686.58	$1,101,274	
Recreational	11	$686.58	$7,552	
	1615		$1,108,827	
Poinciana West
Community Development District
Series 2017A-1 Special Assessment Refunding Bonds Amortization Schedule

Date		Balance	Prinicpal	Interest	Total	
						
11/01/22	$	8,630,000.00	$	-	$	171,789.38	$	171,789.38	
05/01/23	$	8,630,000.00	$	435,000.00	$	171,789.38		
11/01/23	$	8,195,000.00	$	-	$	164,992.50	$	771,781.88	
05/01/24	$	8,195,000.00	$	450,000.00	$	164,992.50		
11/01/24	$	7,745,000.00	$	-	$	157,680.00	$	772,672.50	
05/01/25	$	7,745,000.00	$	465,000.00	$	157,680.00		
11/01/25	$	7,280,000.00	$	-	$	149,542.50	$	772,222.50	
05/01/26	$	7,280,000.00	$	485,000.00	$	149,542.50		
11/01/26	$	6,795,000.00	$	-	$	140,812.50	$	775,355.00	
05/01/27	$	6,795,000.00	$	500,000.00	$	140,812.50		
11/01/27	$	6,295,000.00	$	-	$	131,562.50	$	772,375.00	
05/01/28	$	6,295,000.00	$	520,000.00	$	131,562.50		
11/01/28	$	5,775,000.00	$	-	$	121,812.50	$	773,375.00	
05/01/29	$	5,775,000.00	$	540,000.00	$	121,812.50		
11/01/29	$	5,235,000.00	$	-	$	111,012.50	$	772,825.00	
05/01/30	$	5,235,000.00	$	565,000.00	$	111,012.50		
11/01/30	$	4,670,000.00	$	-	$	99,359.38	$	775,371.88	
05/01/31	$	4,670,000.00	$	585,000.00	$	99,359.38		
11/01/31	$	4,085,000.00	$	-	$	87,293.75	$	771,653.13	
05/01/32	$	4,085,000.00	$	610,000.00	$	87,293.75		
11/01/32	$	3,475,000.00	$	-	$	74,712.50	$	772,006.25	
05/01/33	$	3,475,000.00	$	635,000.00	$	74,712.50		
11/01/33	$	2,840,000.00	$	-	$	61,060.00	$	770,772.50	
05/01/34	$	2,840,000.00	$	665,000.00	$	61,060.00		
11/01/34	$	2,175,000.00	$	-	$	46,762.50	$	772,822.50	
05/01/35	$	2,175,000.00	$	695,000.00	$	46,762.50		
11/01/35	$	1,480,000.00	$	-	$	31,820.00	$	773,582.50	
05/01/36	$	1,480,000.00	$	725,000.00	$	31,820.00		
11/01/36	$	755,000.00	$	-	$	16,232.50	$	773,052.50	
05/01/37	$	755,000.00	$	755,000.00	$	16,232.50	$	771,232.50	
			$	8,630,000.00	$	3,132,890.00	$	11,762,890.00	
Poinciana West
Community Development District
Series 2017A-2 Special Assessment Refunding Bonds Amortization Schedule

Date		Balance	Prinicpal	Interest		Total	
							
11/01/22	$	2,240,000.00	$	-	$	62,271.88	$	62,271.88	
05/01/23	$	2,240,000.00	$	100,000.00	$	62,271.88			
11/01/23	$	2,140,000.00	$	-	$	59,584.38	$	221,856.25	
05/01/24	$	2,140,000.00	$	105,000.00	$	59,584.38			
11/01/24	$	2,035,000.00	$	-	$	56,762.50	$	221,346.88	
05/01/25	$	2,035,000.00	$	110,000.00	$	56,762.50			
11/01/25	$	1,925,000.00	$	-	$	53,806.25	$	220,568.75	
05/01/26	$	1,925,000.00	$	115,000.00	$	53,806.25			
11/01/26	$	1,810,000.00	$	-	$	50,715.63	$	219,521.88	
05/01/27	$	1,810,000.00	$	125,000.00	$	50,715.63			
11/01/27	$	1,685,000.00	$	-	$	47,356.25	$	223,071.88	
05/01/28	$	1,685,000.00	$	130,000.00	$	47,356.25			
11/01/28	$	1,555,000.00	$	-	$	43,862.50	$	221,218.75	
05/01/29	$	1,555,000.00	$	135,000.00	$	43,862.50			
11/01/29	$	1,420,000.00	$	-	$	40,234.38	$	219,096.88	
05/01/30	$	1,420,000.00	$	145,000.00	$	40,234.38			
11/01/30	$	1,275,000.00	$	-	$	36,337.50	$	221,571.88	
05/01/31	$	1,275,000.00	$	155,000.00	$	36,337.50			
11/01/31	$	1,120,000.00	$	-	$	31,920.00	$	223,257.50	
05/01/32	$	1,120,000.00	$	160,000.00	$	31,920.00			
11/01/32	$	960,000.00	$	-	$	27,360.00	$	219,280.00	
05/01/33	$	960,000.00	$	170,000.00	$	27,360.00			
11/01/33	$	790,000.00	$	-	$	22,515.00	$	219,875.00	
05/01/34	$	790,000.00	$	180,000.00	$	22,515.00			
11/01/34	$	610,000.00	$	-	$	17,385.00	$	219,900.00	
05/01/35	$	610,000.00	$	190,000.00	$	17,385.00			
11/01/35	$	420,000.00	$	-	$	11,970.00	$	219,355.00	
05/01/36	$	420,000.00	$	205,000.00	$	11,970.00			
11/01/36	$	215,000.00	$	-	$	6,127.50	$	223,097.50	
05/01/37	$	215,000.00	$	215,000.00	$	6,127.50	$	221,127.50	
			$	2,240,000.00	$	1,136,417.50	$	3,376,417.50	

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RESOLUTION 2022-04

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE POINCIANA WEST COMMUNITY DEVELOPMENT DISTRICT PROVIDING FOR AND AUTHORIZING THE USE OF ELECTRONIC DOCUMENTS AND SIGNATURES; ADOPTING AND IMPLEMENTING ELECTRONIC DOCUMENT	CONTROL	PROCESSES	AND PROCEDURES; PROVIDING FOR SEVERABILTY AND AN EFFECTIVE DATE.

WHEREAS, the Poinciana West Community Development District (the “District”) is a local unit of special purpose government created and existing pursuant to Chapter 190, Florida Statutes; and

WHEREAS, Chapter 190, Florida Statutes, authorizes the District to construct, install, operate, and/or maintain systems and facilities for certain basic infrastructure; and

WHEREAS, Chapter 190, Florida Statutes authorizes the District Board of Supervisors, to enter into various contracts for the purposes set forth therein; and

WHEREAS, the District Board of Supervisors finds that it is the interest of the District and its residents to reduce waste, costs, and to enhance services; and

WHEREAS, the District Board of Supervisors recognizes that the Florida Legislature, through the passage of The Electronic Signature Act of 1996, intended to, among other goals, facilitate economic development and efficient delivery of government services by means of reliable electronic messages and foster the development of electronic commerce though the use of electronic signatures to lend authenticity and integrity to writings in any electronic medium; and

WHEREAS, the District Board of Supervisors wishes to further these goals through the use of electronic documents and signatures.

NOW THEREFORE BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE POINCIANA WEST COMMUNITY DEVELOPMENT DISTRICT:

SECTION 1. INCORPORATION OF RECITALS. The recitals so stated are true and correct and by this reference are incorporated into and form a material part of this Resolution.

SECTION 2. FORCE AND EFFECT OF ELECTRONIC DOCUMENTS AND
SIGNATURES. Unless otherwise provided by law, electronic documents and signatures submitted to and on behalf of the District may be used for all purposes and shall have the same force and effect as printed documents and manual signatures.

SECTION 3. AUTHORIZING UTILIZATION OF ELECTRONIC SIGNATURES
AND DOCUMENTS. All contractors and personnel associated with the District are hereby authorized and encouraged to utilize electronic documents and signatures when reasonably practicable and as permitted by law. The District Manager is authorized and directed to obtain the provision of electronic document services or platforms offered by nationally recognized third party vendors that increase the efficiency of the District’s operations.

SECTION 4. CONTROLS PROCESSES AND PROCEDURES. The District Board
of Supervisors hereby authorizes and directs the District Manager to create control processes and procedures consistent with Florida Law to ensure adequate integrity, security, confidentiality, and auditability of all transactions conducted using electronic commerce.

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

SECTION 6. EFFECTIVE DATE. This Resolution shall take effect upon its passage and shall remain in effect unless rescinded or repealed.

PASSED AND ADOPTED this 20th day of July, 2022.

ATTEST:	POINCIANA WEST COMMUNITY DEVELOPMENT DISTRICT

Secretary/Assistant Secretary	Chair/Vice Chair

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Poinciana West
Community Development District
Summary of Check Register

May 11, 2022 to July 12, 2022

Fund	Date	Check No.'s		Amount		
General Fund
5/13/22	
1865	
$		
6,053.90	
5/27/22	1866-1867	$		2,207.50	
6/2/22	1868-1869	$		4,904.69	
6/8/22	1870	$		4,917.68	
6/22/22	1871-1874	$		11,714.76	
		$		29,798.53	
Payroll					
May 2022					
Joseph Clark	50114	$		184.70	
Maneck Master	ACH	$		184.70	
Mayra Skeete	ACH	$		184.70	
Peggy Gregory	ACH	$		184.70	
Roy LaRue	ACH	$		184.70	
		$		923.50	

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	7/13/22	PAGE	1
*** CHECK DATES 05/11/2022 - 07/12/2022 ***	POINCIANA WEST - GENERAL FUND
BANK A GENERAL FUND
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS
128	202202 320-53800-49000
WILDLIFE CAUTION SIGNS
125	202205 310-51300-34000
MANAGEMENT FEES MAY 22
125	202205 310-51300-35200
WEBSITE ADMIN MAY 22
125	202205 310-51300-35100
INFORMATION TECH MAY 22
125	202205 310-51300-31300
DISSEMINATION SVCS MAY 22
125	202205 310-51300-51000
OFFICE SUPPLIES MAY 22
125	202205 310-51300-42000
POSTAGE MAY 22
126	202205 320-53800-12000
FIELD MANAGEMENT MAY 22
GOVERNMENTAL MANAGEMENT SERVICES-CF	6,053.90 001865
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
5/27/22 00005	5/16/22 00102378 202205 320-53800-47100	*	2,082.50
MOSQUITO MAINT MAY 22
CLARKE ENVIRONMENTAL MOSQUITO	2,082.50 001866
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
5/27/22 00035	5/18/22 05182022 202205 310-51300-49000	*	125.00
BALLROOM CHARGE
SOLIVITA CLUB-AVATAR PROPERTIES	125.00 001867
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
6/02/22 00007	6/01/22 8124	202206 320-53800-46200	*	4,831.89
LANDSCAPE MAINT JUNE 22
FLORALAWN 2, LLC	4,831.89 001868
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
6/02/22 00008	5/24/22 7-765-88 202206 310-51300-42000	*	72.80
5 DELIVERIES 5/13/22
FEDEX	72.80 001869
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
6/08/22 00020	6/01/22 00001238 202206 320-53800-47000	*	4,917.68
AQUATIC MAINT JUNE 22
CLARKE AQUATIC SERVICES, INC	4,917.68 001870
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
6/22/22 00022	6/12/22 358948	202206 310-51300-32200	*	3,310.00
FY21 ANNUAL AUDIT
BERGER TOOMBS ELAM GAINES & FRANK	3,310.00 001871
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
6/22/22 00033	6/01/22 17961	202205 310-51300-31500	*	1,440.00
GENERAL COUNSEL MAY 22
6/01/22 17962	202205 310-51300-31500	*	660.00
TSFR OF TRACTS MAY 2022
CLARK & ALBAUGH, LLP	2,100.00 001872
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
POIW POIN WEST CDD	KCOSTA
AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	7/13/22	PAGE	2
*** CHECK DATES 05/11/2022 - 07/12/2022 ***	POINCIANA WEST - GENERAL FUND
BANK A GENERAL FUND
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#
129	202206 310-51300-34000
MANAGEMENT FEES JUNE 22
129	202206 310-51300-35200
WEBSITE ADMIN JUNE 22
129	202206 310-51300-35100
INFORMATION TECH JUNE 22
129	202206 310-51300-31300
DISSEMINATION SVC JUNE 22
129	202206 310-51300-51000
OFFICE SUPPLIES JUNE 22
129	202206 310-51300-42000
POSTAGE JUNE 22
129	202206 310-51300-42500
COPIES JUNE 22
130	202206 320-53800-12000
FIELD MGMT JUNE 22
GOVERNMENTAL MANAGEMENT SERVICES-CF	5,314.76 001873
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
6/22/22 00016	6/01/22 2175257	202205 310-51300-31100	*	990.00
GENERAL ENGINEER MAY 22
GAI CONSULTANTS, INC	990.00 001874
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
TOTAL FOR BANK A	29,798.53
TOTAL FOR REGISTER	29,798.53

POIW POIN WEST CDD	KCOSTA
GMS-Central Florida, LLC
1001 Bradford Way
Kingston, TN 37763
119/158
Invoice

Bill To:
Poinciana West coo 219 E. Livingston St. Orlando, FL 32801

RECEIVED
MAY O 9 2022
Invoice #: 125
Invoice Date: 5/1/22
Due Date: 5/1/22
Case:
P.O. Number:

Deacrlptlon	   Rate	Amount

Management Fees - May 2022	31o	'( I )	;i,,_
Website Administration - May 2022
Information Technology - May 2022	')('I
Dissemination Agent Services - May 2022	11}
Office Supplies	'51
Postage	'-I "k		3,862.50
62.50
93,75
416.67
0.27
39.88	3,862.50 ...
82.SO
93.75
416.67
0.27
39.88	
Total	$4A75.57
Payments/Credits		$0.00 Balance Due	$4,475.57
OMS-Central Florida, LLC
1001 Bradford Way
Kingston, TN 37763
120/158
Invoice

BIii To:
Poinciana West COD 219 E. Livingston St. Orlando, FL 32801

RECEIVED
MAY O 9 2022
Invoice #: 126
Invoice Date: 5/1/22
Due Date: 5/1/22 Case:
P.O. Number:

Description	Hours.lOty	Rate	Amount

Field Management - May 2022	

'		858.33

t	858.33	

Total	$858.33	
Payments/Credits	$0.00	
Balance Due	$858.33	

GMS-Central Florida, LLC
1001 Bradford Way
Kingston, TN 37763
121/158

Invoice

Bill To:
Poinciana West CDD 219 E. Livingston St. Or1ando, FL 32801

I_,
Invoice #: 128
Invoice Date: 4/30/22
Due Date: 4/30/22
Case:
P.O. Number: 573

Description	Hours/Qty	Rate	Amount

- Wildlife Caution Signs - February 2022 Poinciana West COD - Wildlife Caution Signs
Labor Mobilization Equipment

RECEIVED
MAY	6 2022	J	iv	!, Y 4	

16	

40.00	

640.00	
				1	55.00	55.00	
					25.00	25.00	

Total	$720.00	
Payments/Credits	$0.00	
Balance Due	$720.00	
Ca.(l<e
Page: 1(1)
122/158 www.clar1<e.com

Customer#:

P07800
ACH Banking: Bank of America - Account: 8666607231 - Routing: 071000039
Electronic Check or Credit Card: Please call - 800-323-5727 x3139
Pa er Check: 16300 Collections Center Drive. Chica o, IL 60693
Invoice#: 001023788
Invoice Date: 05/16/22
Terms: Net 30 Days
Customer PO #:
B
NIA
RECEIVED
Due Date: 06/15/22
I	Poinciana West Community Dev. Dist.
L	6200 Lee Vista Blvd.
L	Suite 300
Orlando, FL 32822-5149
T
MAY 1 7 2022

O	Stacie Vanderfilt

Agreement no 1000002502	Consultant Cherrief Jackson

Description	Total

CLARKE ENVIRONMENTAL MOSQUITO MANAGEMENT SERVICE

W9's can be found on our website at www.clarke.com Service May 2022
Ordertatal	2,082.50

Clarke Environmental Mosquito Management, Inc. is a Clarke Company
[ '::';:;: ::"::::.::.a MMhr		2,082.50
Clarke will charge applicable sales taxes unless a valid exemption certificate is Emailed to: accountsreceivable@clarke.com or faxed to: 630-672-7439

Helping make communities around the world more livable, safe and comfortable.

Solivita Club - Avatar Properties, Inc.
395 Village Dr., Ste. C, Kissimmee, FL 34759
Phone 863-427-7129

INVOICE. #2006	DATE: MAY 18, 2022

BILL TO	SHIP TO	INSTRUCTIONS
POINCIANA WEST CDD
Same as recipient

QUANTITY	DESCRIPTION	UNIT PRICE	TOTAL

1	Room Charge - Ballroom	$125.00	$125.00

	 	 ··	 	·	 	 	   	'-E;,... ED

MAY 2 5 202.Z

	SUBTOTAL		$125.00	
	SALES TAX			
	SHIPPING & HANDLING		

	
TOTAL AMOUNT DUE		$125.00	

Thank you for your business!			
fl !, , ! !°'2,LLC
P.O. Box 91597
Lakeland, FL 33804
Invoice

 	

	P.O. No.	Terms	Project		
		
Due on receipt			
Quantity	Description	Rate	Amount		
1	Monthly Lawn Maintenance per original contract- November 2016 - Poinciana West CDD

Billing for June 2022

	4,831.89	4,831.89		
Thank you for your business.	Total	$4,831.89				
Corporate Office	Solivita Fax	E-mail	Web Site		
(863) 668-0494	(863) 225-9565	info@floralawn.com	www.floralawn.com		

FedExTaxlD: 71-0427007

Billing Address:
POINCIANA WEST CDD
6200 LEE VISTA BLVD STE 300
ORLANDO FL 32822-5149
Shipping Address: POINCIANA WEST CDD POINCIANA WEST CDD ORLANDO FL 32801

Invoice Questions? ContadFedEx Revenue Services
Phone:	800.645.9424
M-F 7-5 (CST)
Internet:	fedex.com/usgovt

Invoice Summary		Account Summary asofMay 24, 2022	
FedEx Express Services		Previous Balance	0.00	
Total Charges	USD	$72.80	Payments	0.00	
TOTAL THISINVOICE	USD	$72.80	Adjustments	0.00	

Other discounts may apply.
To pay your FedEx invoice, please go to www.fedex.com/payment.Thank you for using FedEx.

RECEIVED
MAY 31 2022
New Charges	72.80
New Account Balance	$72.80

Detailed descriptions of surcharges can be located at fedex.com
-·-···•···	·	.	.·-··-·· ·	.	····· ··  ·····-········-	-·········
To ensure proper credit, please return
this portion with your payment to FedEx Please do not stapie or fold.
Please make check payable to FedEx.
	······  - .
Remittance Advice
Your payment tsdue by Jul 08,2022

7765889360000007280176306931120000072801000□□728010

0029532 0lAB0.461 .. AUTO T30174332822-S14975  -C01-P29561-I1
I1•njI 111I11I I 111 jI I It,11111I I 11Ill•III 111I•III•II,,I, jlII 111 I 11
POINCIANA WEST CDD
6200 LEE VISTA BLVD STE 300
ORLANDO FL 32822-5149
11h•I1111Plnl1•I lh 11111111thI 111'I I 111I1111111I I' 11111I,I II I
FedEx
P.O. Box 371461
Pittsburgh PA 15250-7461

IlIl IIIIIII IIIIIIIlIl IllIlIl IIIIIIIllII
63300430020542	1143-07-00-0029532-0002-0057717

Invoice Number	"\	Invoice Date \	Account Number	'\	Page	
7-765-88936	I	Mav24 2022	I	7630-6931-1	I	3of3	

Ship Date:May 13, 2022
..yon Third Party
Cust.Ref.:·Poinclana West-COD
Ref.11:
Ref.#.2:
Fuel Surcharge- FedEx has applied a fuel surcharge of 24.250/otothisshipment.
Distance Based Pricing, Zone 2
Package Delivered to Recipient Address - Release Authorized
Automation	INET
Tracking ID	776831400462
Service Type	FedEx Standard Overnight Package Type	 FedEx Pak
Zone	02
Packages	1
Rated Weight	2.0 lbs, 0.9 kgs
Delivered	May 16, 202212:09
Svc Area	A3
Sender George Flint GMS-CF,LLC
219 E Livingston Street ORLANDO FL 32801 US

Transportation Charge Fuel Surcharge Residential Delivery
Rec:ipjent
RoyLaRue
211 SAN VICENTE LN KISSIMMEE FL 34759 US

6.92
0,83
4.95
Signed by	see above
Third Part _B_ill_in-g 	
	0.00
FedEx Use	000000000/158D93/D2
TotalCharge	USD
$12.70
Shfp,Dah:Mayn. 2022
PafonThird Party
Cust.Jlef.:Poinciana WestCDO
Ref.fl:
fief.#.2:
Fuel Surcharge - FedEx has applied a fuel surcharge of 24.25%tothis shipment.
Distance BasedPricing, Zone 2
Package Delivered to Recipient Address - Release Authorized

Automation	INET	Sender	Redpient		
Tracking ID	776831413326	George Flint	Joseph Clark		
Service Type Package Type Zone
Packages	FedEx Standard Overnight FedEx Pak
02	GMS-CF,LLC
219 E Livingston Street ORLANDO FL 32801 US	306 MOORPARK WAY KISSIMMEE FL 34759 US		
Rated Weight	2.0 lbs, 0.9 kgs	Transportation Charge		6.92	
Delivered	May 16, 2022 10:56	Fuel Surcharge		0.83	
Svc Area	A3	Residential Delivery		4.95	
Signed by	see above	Third Party Billing		0.00	
FedEx Use	D00000000/158093/02	Total Charge	USD	$12.70	
Ship Date: May 13, 2022	CJ1st. Ref.: Poihclana West CPD	W.12:
Payor:Third Party	Ref.#3:
Fuel Surcharge- FedEx has applied a fuel surcharge of 24.25%tothis shipment.
Distance Based Pricing, Zone 2
Package Delivered to Recipient Address - Release Authorized
Automation	INET	Sender
Tracking ID	 776831425477	 George Flint Service Type	FedEx Standard Overnight	GMS-CF,LLC
Package Type	FedEx Pak	219 E Livingston Street
Zone	02	ORLANDO FL 32801 US
Packages	1
Rated Weight	2.0 lbs, 0.9 kgs	Transportation Charge
Delivered	May 16, 2022 11:50	Fuel Surcharge
Svc Area	A3	Residential Delivery
Recipient
Mayra Skeete 467 BELAIR WAY
KISSIMMEE FL 34759 US

6.92
0.83
4.95
Signed by	see above		Third Pa  Billing		0.00
FedEx Use	000DD00DD/158093/02	TotalCharge		USD	$12.70	
			Third PartySubtotal	USD	$72.80	
			Total FedEx Express	USD	$72.80	

1143-01-CJ0.0029532-0001-0057716
Page: 1(1)
127/158www.clar1<.e.com
Ir, Cla
I<e
INVOICE	TOLL-FREE: 800-323-5727

Payment Instructions: Clarke Aquatic Services, Inc.
ACH Banking: Bank of America -Account: 8666607118- Routing: 071000039
Electronic Check or Credit Card: Please call - 800-323-5727 x3139
Pa er Check: 16308 Collections Center Drive Chica o, IL 60693

Customer#: Customer PO #:
B

088096
NA
Invoice#: Invoice Date:
Terms:
Due Date:
000012380
06/01/22
Net 30 Days 07/01/22
1	Poinciana West Community Dev. Dist.
L	6200 Lee Vista Blvd.
L	Suite 300
Orlando, FL 32822-5149
T
O	Stacie Vanderbilt

Agreement no 1000009685	Consultant Lori Clemence

Description	Total

CLARKE AQUATIC MAINTENANCE SERVICES

W9's can be found on our website at www.clarke.com

Poinciana West COD Aquatic Weed and Algae Control Invoice Due June 2022
Invoice 9 of 12

OrdertotaJ	4,917.68

Clarke Aquatic Services, Inc. is a Clarke Company

v

Clarke will charge applicable sales taxes unless a valid exemption certificate is Emailed to: accountsreceivable@clarke.com or faxed to: 630-672-7439

Helping make communities around the world more livable, safe and comfortable.
Berger, Toombs, Elam, Caines & Frank
Certified Public Actountants	Pt
600 Citrus Avenue
Suite 200
Fort Pierce, Florida 34950
772/461-61:.Z0
FAX: 772/468-9278

POINCIANA WEST COMMUNITY DEVELOPMENT DISTRICT 1408 HAMLIN AVENUE
UNITE
ST. CLOUD, FL 34771

Invoice No.	358948	
Date	06/12/2022	
Client No.	20897	

Services rendered in connection with the audit of the Basic Financial Statements as of and for the year ended September 30, 2021.
Total Invoice Amount	$	3.310.00

We now accept ViSii and MasterCard. Please enter client number on your check.
Finance charges are calculated on balances over 30 days old at an annual percentage rate of 18%

Fort Pierce / Stuart

Member AICPA	Member AICPA Division for CPA Firms Private Companies Practice Section
Member FICPA

RECEIVED
JUN O '1 2022
Clark & Albaug hf LLP
700 W. Morse Blvd., Suite 101
Winter Park, Florida 32789

-------- Phone: (407) 647-7600	Fax: (407) 647-7622			

Poinciana West Community Development District			
June 1, 2022	
6200 Lee Vista Blvd., Suite 300
Orlando, FL 32822				
		File #	7784-001	
Attention:	George S. Flint, District Manager		Invoice#	17961	
RE:	General matters				

DATE	DESCRIPTION	
HOURS	
AMOUNT	
LAWYER	
May-09-22		telephone call with chair regarding meeting and budget topics; review of management proposal	0.80	240.00	SDC	
May-17-22	review of agenda and budget materials;
telephone call with manager regarding agenda	1.10	330.00	SDC	
May-18-22	additional agenda review of and attendance at meeting (Zoom)	2.60	780.00	SDC	
May-19-22	review of insurance certificate and
correspondence regarding DM coverages	0.20	60.00	SDC	
May-23-22		correspondence regarding stormwater needs analysis	0.10	30.00	SDC	
Totals	4.80	$1,440.00		
Total Fee & Disbursements			$1,440.00	
Previous Balance			1,440.00	
Previous Payments			1,440.00	
Btdance Now Due			$1,440.00	

Clark & All,augp, LLP
700 W. Morse Blvd., Suite 101
Winter Park, Florida 32789

Phone:  (407) 647-7600	Fax: (407) 647-7622			

Poinciana West Community Development District			
June 1, 2022	
6200 Lee Vista Blvd., Suite 300
Orlando, FL 32822				
		
File #	
7784-002	
Attention:	George S. Flint, District Manager		Invoice#	17962	
RE:	Transfer of tracts to District				

DATE	DESCRIPTION	
HOURS	
AMOUNT	
LAWYER	
May-04-22	conference call with staff and attorney for developer	0.30	90.00	SDC	
May-11-22	correspondence from developer attorney and	0.40	120.00	SDC	
initial review of agreement				
May-1 22	additional review of information and exhibits	1.20	360.00	SDC	
to acquisition agreement; correspondence with
Jere Earlywine and telephone call with same; telephone call with chair; correspondence with				
manager regarding agenda management				
May-18-22	correspondence with Earlywine regarding	0.10	30.00	SDC	
meeting followup				
May-24-22	telephone call with developer team regarding	0.20	60.00	SDC	
process				
Totals	2.20	$660.00		
Total Fee & Disbursements			$660.00	
Previous Balance			150.00	
Previous Payments			150.00	

II}veice #:	17962	Page  2	June 1,12301/21258

Balance Now Due	$660.00

TAX ID Number	26-1572385

GM6-Central Fforlde, LLC
1001 Bradford Way
Kingston. TN
.I.n. voic• e

BIii To:
Polnciana West COO 219 E. Livinaston St. Orlando, FL32801
lnvOlce #: 129
Invoice Date: 8/1
Due Data: &/1/22
Cue:
P.O. Number:

Total	$4,456.43	
PaymentalCredlts	$0.00	
Balance Due	$4,456.43	

OMS-Central Florida, LLC
1001 Bradford Way
Kingston, TN 37763
Invoice

BDITo:
Poinciana West COD
RECEIVED
JUN 1,3 2022
-·--
lnvotce #: 130
Invoice Date: 6/1/22
Due Date: 6/1122
Cue:
P.O. Number:

Total	$858.SS

Payments/Credits	$0.00

Balance Due	$858.33

INVOICE
Or1ando
618 E. South Street, Suite 700
Or1ando, FL 32801
T 4-07.423.83!:!8
F 407.843.1070

Tricia Adams
Governmental Management Services
6200 Lee Vista Blvd Ste 300
Orlando,- R. 32822
RECEIVED
JUN	1 2022
June 01, 2022
Project No:
Invoice No:

A171207.00
2175257

Project	A171207.00	Poinciana We!31: Community Development District Engineering Services
b!!tRPIIPL. l'IVUb.fll. jOJ:t_ 	..., 	-·- 	_

Sub-Task	001	COM
Professlonal Personnel

Prlndpal

Hours

Rate

Amount
Leo, Kathleen

Totals
Total Labor
3.00
3.00
330.00	990.00
990.00

Total this Sub-Task

990.00
$990.00

Task	007	Developer Turnover
Total this Task

Total this Task

Total this Invoice
$990,00

o.oo
$990.00

galconsultants.com

 	

Project	A1712P7.00	Poinciana West Community Development Dis	Invok:e	2175257
Billing Backup
GAI consultants,Inc.	Invoi 2175257 Dated 6/1/2022

Task
Sub-task	001	COM
Professlonal Personnel

Wednesday, June 1, 2022
2:SO:i7PM

'.

Prlndpal
Hours
Rate
Amount
04136	Leo, Kathleen
meeting
5/18/2022	3.00
330.00	990.00
Totals
Total Labor
3.00
990.00

990,00

Total this Sub-Task Total this Task Total this Project Total this Report

$990,00

$990,00

$990.00

$990,00

gaiconsultants.com
Page2

!!"#$%& "
137/158
Table of Contents

1

2-3

4

5-6
	Balance Sheet

	General Fund

	Debt Service Fund - Series 2017R-1 & 2017R-2

	Month to Month

7		Assessment Receipt Schedule
Poinciana West
Community Development District Combined Balance Sheet
June 30, 2022

Assets:
Cash
Operating Account	

$	

243,123	

$	

-	

$	

243,123	
Money Market Account Investments
Series 2017R-1 & R-2	$	493,924	$	-	$	493,924	
Reserve R-1	$	-	$	392,342	$	392,342					
Reserve R-2	$	-	$	121,827	$	121,827					
Revenue	$	-	$	271,514	$	271,514					
Prepayment R-1	$	-	$	9,767	$	9,767					
Prepayment R-2	$	-	$	5,662	$	5,662					
Due from General Fund	$	-	$	10,005	$	10,005					
Prepaid Expenses	$	2,167	$	-	$	2,167					
Total Assets	$	739,213	$	811,117	$	1,550,330					
Liabilities:							
Accounts Payable	$	7,475	$	-	$	7,475					
Due to Debt Service	$	10,005	$	-	$	10,005					
Total Liabilites	$	17,480	$	-	$	17,480					
Fund Balance:
Nonspendable:
Prepaid Items	$	2,167	

$	

-	$	2,167					
Restricted for:
Debt Service	
$	-	
$	811,117	
$	811,117				
Unassigned	$	719,566	$	-	$	719,566				
Total Fund Balances	$	721,733	$	811,117	$	1,532,850				
							
Total Liabilities & Fund Balance	$	739,213	$	811,117	$	1,550,330				
Poinciana West
Community Development District General Fund
Statement of Revenues, Expenditures, and Changes in Fund Balance
For The Period Ending June 30, 2022

Adopted	Prorated Budget	Actual		
Budget	Thru 06/30/22	Thru 06/30/22	Variance	

Revenues:					
Assessments - Tax Roll	$	291,294	$	291,294	$	291,601	$	307	
Interest	$	500	$	375	$	393	$	18	
Total Revenues	$	291,794	$	291,669	$	291,995	$	326	

Expenditures:					
General & Administrative:					
Supervisors Fees	$	6,000	$	4,500	$	4,800	$	(300)	
FICA Expense	$	459	$	344	$	367	$	(23)	
Engineering	$	15,000	$	11,250	$	5,143	$	6,107	
Attorney	$	20,000	$	15,000	$	8,717	$	6,284	
Arbitrage	$	450	$	450	$	450	$	-	
Dissemination	$	5,500	$	4,125	$	4,150	$	(25)	
Annual Audit	$	3,310	$	3,310	$	3,310	$	-	
Trustee Fees	$	7,050	$	4,837	$	4,837	$	-	
Assessment Administration	$	5,000	$	5,000	$	5,000	$	-	
Management Fees	$	46,350	$	34,763	$	34,763	$	-	
Information Technology	$	1,125	$	844	$	844	$	-	
Website Maintenance	$	750	$	563	$	563	$	-	
Telephone	$	100	$	75	$	-	$	75	
Postage	$	1,250	$	938	$	417	$	520	
Printing & Binding	$	1,000	$	750	$	165	$	585	
Insurance	$	8,100	$	8,100	$	6,025	$	2,075	
Legal Advertising	$	2,500	$	1,875	$	2,132	$	(257)	
Other Current Charges	$	2,400	$	1,800	$	1,543	$	257	
Office Supplies	$	300	$	225	$	77	$	148	
Property Appraiser	$	3,100	$	-	$	-	$	-	
Dues, Licenses & Subscriptions	$	175	$	175	$	175	$	-	
Total General & Administrative:	$	129,919	$	98,923	$	83,476	$	15,447	
Poinciana West
Community Development District General Fund
Statement of Revenues, Expenditures, and Changes in Fund Balance
For The Period Ending June 30, 2022

Adopted	Prorated Budget	Actual		
Budget	Thru 06/30/22	Thru 06/30/22	Variance	

Operations & Maintenance					
Field Services	$	10,300	$	7,725	$	7,725	$	0	
Landscape Maintenance	$	61,713	$	46,285	$	43,065	$	3,220	
Aquatic Control Maintenance	$	66,865	$	50,149	$	43,756	$	6,393	
Aquatic Midge Maintenance	$	30,000	$	22,500	$	18,743	$	3,758	
R&M Plant Replacement	$	3,000	$	2,250	$	-	$	2,250	
Storm Structure Repairs	$	10,000	$	7,500	$	2,225	$	5,275	
Contingency	$	20,000	$	15,000	$	4,360	$	10,640	
Capital Outlay	$	10,000	$	7,500	$	-	$	7,500	
Total Operations & Maintenance:	$	211,878	$	158,909	$	119,873	$	39,035	
					
Total Expenditures	$	341,797	$	257,831	$	203,349	$	54,482	
					
Excess (Deficiency) of Revenues over Expenditures	$	(50,003)		$	88,646		
					
Net Change in Fund Balance	$	(50,003)		$	88,646		
					
Fund Balance - Beginning	$	50,003		$	633,087		
					
Fund Balance - Ending	$	-		$	721,733		
Poinciana West
Community Development District
Debt Service Fund - Series 2017R-1 & 2017R-2 Statement of Revenues, Expenditures, and Changes in Fund Balance
For The Period Ending June 30, 2022

Adopted	Prorated Budget	Actual		
Budget	Thru 06/30/22	Thru 06/30/22	Variance	

Revenues:					
Assessments - Tax Roll	$	1,046,815	$	1,046,815	$	1,045,924	$	(891)	
Assessments - Prepayments	$	-	$	-	$	27,211	$	27,211	
Interest	$	-	$	-	$	41	$	41	
Total Revenues	$	1,046,815	$	1,046,815	$	1,073,177	$	26,362	

Expenditures:					
Property Appraiser	$	11,200	$	-	$	-	$	-	
Series 2017R-1
Interest - 11/1	
$	178,771	
$	178,771	
$	178,771	
$	-	
Special Call - 11/1	$	-	$	-	$	15,000	$	(15,000)	
Principal - 5/1	$	425,000	$	425,000	$	425,000	$	-	
Interest - 5/1	$	178,771	$	178,771	$	178,483	$	289	
Special Call - 5/1	$	-	$	-	$	15,000	$	(15,000)	
Series 2017R-2
Interest - 11/1	
$	66,075	
$	66,075	
$	66,075	
$	-	
Special Call - 11/1	$	-	$	-	$	5,000	$	(5,000)	
Principal - 5/1	$	95,000	$	95,000	$	95,000	$	-	
Interest - 5/1	$	66,075	$	66,075	$	65,941	$	134	
Special Call - 5/1	$	-	$	-	$	40,000	$	(40,000)	
Total Expenditures	$	1,020,893	$	1,009,693	$	1,084,269	$	(74,577)	
					
Excess (Deficiency) of Revenues over Expenditures	$	25,922		$	(11,093)		
					
Fund Balance - Beginning	$	290,113		$	822,210		
					
Fund Balance - Ending	$	316,035		$	811,117		

Revenues:

Assessments - Tax Collector Interest

$	-  $
$	43  $

47,800  $
42  $

210,560  $
48  $

9,242  $
45  $

10,560  $
41  $

3,616  $
45  $

7,103  $
43  $

1,024  $
44  $

1,695  $
43  $

-  $	-  $
-  $	-  $

-  $  291,601
-  $	393

Expenditures:

General & Administrative:

Supervisors Fees FICA Expense Engineering Attorney Arbitrage Dissemination Annual Audit Trustee Fees
Assessment Administration Management Fees Information Technology Website Maintenance Telephone
Postage
Printing & Binding Insurance
Legal Advertising Other Current Charges Office Supplies Property Appraiser
Dues, Licenses & Subscriptions

$	-  $
$	-  $
$	480  $
$	269  $
$	-  $
$	617  $
$	-  $
$	-  $
$	5,000  $
$	3,863  $
$	94  $
$	63  $
$	-  $
$	4  $
$	11  $
$	6,025  $
$	-  $
$	125  $
$	15  $
$	-  $
$	175  $

1,000  $
77  $
320  $
-  $
-  $
417  $
-  $
-  $
-  $
3,863  $
94  $
63  $
-  $
63  $
-  $
-  $
584  $
125  $
0  $
-  $
-  $

-  $
-  $
165  $
270  $
-  $
417  $
-  $
-  $
-  $
3,863  $
94  $
63  $
-  $
22  $
11  $
-  $
-  $
88  $
15  $
-  $
-  $

1,000  $
77  $
1,650  $
3,600  $
-  $
417  $
-  $
-  $
-  $
3,863  $
94  $
63  $
-  $
117  $
-  $
-  $
-  $
359  $
15  $
-  $
-  $

800  $
61  $
-  $
-  $
450  $
417  $
-  $
-  $
-  $
3,863  $
94  $
63  $
-  $
4  $
137  $
-  $
-  $
141  $
15  $
-  $
-  $

1,000  $
77  $
1,373  $
1,590  $
-  $
417  $
-  $
4,837  $
-  $
3,863  $
94  $
63  $
-  $
82  $
-  $
-  $
848  $
161  $
0  $
-  $
-  $

-  $
-  $
-  $
-  $
-  $
617  $
-  $
-  $
-  $
3,863  $
94  $
63  $
-  $
10  $
1  $
-  $
-  $
156  $
0  $
-  $
-  $

-  $
-  $
990  $
2,100  $
-  $
417  $
-  $
-  $
-  $
3,863  $
94  $
63  $
-  $
40  $
-  $
-  $
699  $
258  $
0  $
-  $
-  $

1,000  $
77  $
165  $
888  $
-  $
417  $
3,310  $
-  $
-  $
3,863  $
94  $
63  $
-  $
74  $
4  $
-  $
-  $
130  $
15  $
-  $
-  $

-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $

-  $	4,800
-  $	367
-  $	5,143
-  $	8,717
-  $	450
-  $	4,150
-  $	3,310
-  $	4,837
-  $	5,000
-  $	34,763
-  $	844
-  $	563
-  $	-
-  $	417
-  $	165
-  $	6,025
-  $	2,132
-  $	1,543
-  $	77
-  $	-
-  $	175

Operation and Maintenance

Field Services Landscape Maintenance
Aquatic Control Maintenance Aquatic Midge Maintenance R&M Plant Replacement Storm Structure Repairs Contingency
Capital Outlay

$	858  $
$	4,691  $
$	4,750  $
$	2,083  $
$	-  $
$	2,225  $
$	-  $
$	-  $

858  $
4,691  $
4,750  $
2,083  $
-  $
-  $
-  $
-  $

858  $
4,691  $
4,750  $
2,083  $
-  $
-  $
-  $
-  $

858  $
4,832  $
4,918  $
2,083  $
-  $
-  $
-  $
-  $

858  $
4,832  $
4,918  $
2,083  $
-  $
-  $
720  $
-  $

858  $
4,832  $
4,918  $
2,083  $
-  $
-  $
-  $
-  $

858  $
4,832  $
4,918  $
2,083  $
-  $
-  $
-  $
-  $

858  $
4,832  $
4,918  $
2,083  $
-  $
-  $
3,640  $
-  $

858  $
4,832  $
4,918  $
2,083  $
-  $
-  $
-  $
-  $

-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $

-  $	7,725
-  $	43,065
-  $	43,756
-  $	18,743
-  $	-
-  $	2,225
-  $	4,360
-  $	-

Poinciana West
Community Development District Special Assessment Receipts Fiscal Year 2022

MAINTENANCE ASSESSMENTS

Gross Assessments $ Certified Net Assessments $

309,892.74
288,200.25

100.00%
Gross Assessments	Net Assessments
Date	Distribution	Received	Discounts/Penalties  Commissions Paid	Interest Income	Received	General Fund		

11/18/21	ACH	$559.71	($22.38)	($10.74)	$0.00	$526.59
11/19/21	ACH	$23,694.39	($947.42)	($454.94)	$0.00	$22,292.03
11/24/21	ACH	$4,590.40	($233.85)	($87.13)	$0.00	$4,269.42
11/30/21	ACH	$22,015.26	($880.28)	($422.70)	$0.00	$20,712.28
12/14/21	ACH	$75,187.71	($3,006.38)	($1,443.63)	$0.00	$70,737.70
12/17/21	ACH	$118,939.49	($4,753.44)	($2,283.72)	$0.00	$111,902.33
12/31/21	ACH	$29,627.91	($1,138.03)	($569.80)	$0.00	$27,920.08
01/18/22	ACH	$9,719.90	($289.39)	($188.61)	$0.00	$9,241.90
02/18/22	ACH	$11,055.47	($279.48)	($215.52)	$0.00	$10,560.47
03/16/22	ACH	$3,731.40	($41.12)	($73.81)	$0.00	$3,616.47
04/19/22	ACH	$7,253.77	($5.60)	($144.96)	$0.00	$7,103.21
05/17/22	ACH	$1,044.72	$0.00	($20.90)	$0.00	$1,023.82
06/14/22	ACH	$1,729.53	$0.00	($34.59)	$0.00	$1,694.94	
$526.59
$22,292.03
$4,269.42
$20,712.28
$70,737.70
$111,902.33
$27,920.08
$9,241.90
$10,560.47
$3,616.47
$7,103.21
$1,023.82
$1,694.94	
Total Collected	$	309,149.66  $	(11,597.37)  $	(5,951.05)  $	-	$	291,601.24  $	291,601.24		
Percentage Collected	101%		

DEBT SERVICE ASSESSMENTS

Gross Assessments Certified Net Assessments

$ 1,111,573.02
$ 1,033,762.91
100%
Gross Assessments	Net Assessments
Date	Distribution	Received	Discounts/Penalties  Commissions Paid	Interest Income	Received	Debt Service Fund		

11/18/21	ACH	$2,059.74	($82.38)	($39.55)	$0.00	$1,937.81
11/19/21	ACH	$84,449.34	($3,377.61)	($1,621.43)	$0.00	$79,450.30
11/24/21	ACH	$16,892.83	($860.53)	($320.65)	$0.00	$15,711.65
11/30/21	ACH	$76,896.96	($3,075.55)	($1,476.43)	$0.00	$72,344.98
12/14/21	ACH	$267,079.62	($10,682.15)	($5,127.95)	$0.00	$251,269.52
12/17/21	ACH	$429,459.91	($17,167.85)	($8,245.84)	$0.00	$404,046.22
12/31/21	ACH	$106,971.40	($4,106.39)	($2,057.30)	$0.00	$100,807.71
01/18/22	ACH	$35,769.46	($1,064.44)	($694.10)	$0.00	$34,010.92
02/18/22	ACH	$39,311.10	($1,000.86)	($766.20)	$0.00	$37,544.04
03/16/22	ACH	$13,731.60	($151.10)	($271.61)	$0.00	$13,308.89
04/19/22	ACH	$26,007.39	$0.00	($520.15)	$0.00	$25,487.24
05/17/22	ACH	$3,844.56	$0.00	($76.89)	$0.00	$3,767.67
06/14/22	ACH	$6,364.61	$0.00	($127.29)	$0.00	$6,237.32	
$1,937.81
$79,450.30
$15,711.65
$72,344.98
$251,269.52
$404,046.22
$100,807.71
$34,010.92
$37,544.04
$13,308.89
$25,487.24
$3,767.67
$6,237.32	
Total Collected	$	1,108,838.52  $	(41,568.86)  $	(21,345.39)  $	-	$	1,045,924.27  $ 1,045,924.27		
Percentage Collected	101%		

!!"#$%&  3
NOTICE OF MEETING DATES POINCIANA WEST
COMMUNITY DEVELOPMENT DISTRICT

The Board of Supervisors of the Poinciana West Community Development District will hold the regularly scheduled public meetings for Fiscal Year 2023 at 9:00
a.m. in the Starlite Ballroom at 384 Village Drive, Poinciana, Florida 34759 on the third Wednesday each month as follows unless indicated otherwise:

November 16, 2022
January 18, 2023
March 15, 2023
May 17, 2023
July 19, 2023
September 20, 2023

The meetings are open to the public and will be conducted in accordance with the provisions of Florida Law for Community Development Districts. A copy of the agenda for a particular meeting may be obtained from the District Manager at 219 E. Livingston Street, Orlando, FL 32801.

A meeting may be continued to a date, time, and place to be specified on the record at that meeting. There may be occasions when one or more Supervisors may participate by telephone.

Any person requiring special accommodations at these meetings because of a disability or physical impairment should contact the District Office at least forty-eight
(48) hours prior to the meeting. If you are hearing or speech impaired, please contact the Florida Relay Service by dialing 7-1-1 or 1-800-955-8770, for aid in contacting the District Office.

Each person who decides to appeal any action taken at these meetings is advised that person will need a record of the proceedings and that accordingly, the person may need to ensure that a verbatim record of the proceedings is made, including the testimony and evidence upon which such appeal is to be based.
Tricia L. Adams
Governmental Management Services – Central Florida, LLC District Manager

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   PW Monthly Treatment Report
Date between : 6/1/2022 and 6/30/2022

Customer Site ID	Treatment Date	Condition/Weeds Treated	
4A	6/6/22	Clean	
16A	6/6/22	Clean	
1	6/6/22	Shoreline Grasses	
2	6/6/22	Shoreline Grasses	
3	6/6/22	Shoreline Grasses	
4	6/23/22	Clean	
5	6/21/22	Hydrilla	
6	6/16/22	Filamentous	
6	6/16/22	Hydrilla	
6	6/16/22	Spike Rush	
7	6/21/22	Filamentous	
7	6/21/22	Hydrilla	
8	6/23/22	Filamentous	
9	6/22/22	Hydrilla	
10	6/21/22	Filamentous	
10	6/21/22	Hydrilla	
11	6/20/22	Hydrilla	
12	6/21/22	Filamentous	
12	6/21/22	Hydrilla	
13	6/6/22	Clean	
15	6/23/22	Filamentous	
15	6/23/22	Hydrilla	
16	6/23/22	Filamentous	
17	6/8/22	Duckweed	
17	6/8/22	Filamentous	
17	6/8/22	Hydrilla	
17	6/8/22	Shoreline Grasses	
18	6/20/22	Clean	
20	6/23/22	Filamentous	
21	6/23/22	Filamentous	
22	6/23/22	Filamentous	
156/158

Run By: cchallacombe
PWCDD All Services By Customer Summary
Page 1 of 1
Friday, July 1, 2022
7:39:30 AM

Poinciana West Community Dev. Dist. (P07800)	Filter Date between 06/01/2022 and 06/30/2022

Customer	Work Type	Service Item	Start Date	End Date	Used
Quantity	Unit Of
Measure	

P07800 - Poinciana West Community Dev. Dist.	
Municipal Back	
KIS1768 - Nat G30 12 lbs per acre	
06/24/2022	
06/24/2022	
4.25	
acr	

P07800 - Poinciana West Community Dev. Dist.	
Night Truck	
KIS2715 - Biomist 4+4 ATV/ULV	
06/02/2022	
06/02/2022	
2.40	
mi	
P07800 - Poinciana West Community Dev. Dist.	Night Truck	KIS2827 - Biomist 4+4 Truck ULV	06/06/2022	06/06/2022	2.20	mi	
P07800 - Poinciana West Community Dev. Dist.	Night Truck	KIS2715 - Biomist 4+4 ATV/ULV	06/09/2022	06/09/2022	2.50	mi	
P07800 - Poinciana West Community Dev. Dist.	Night Truck	KIS2827 - Biomist 4+4 Truck ULV	06/13/2022	06/13/2022	2.20	mi	
P07800 - Poinciana West Community Dev. Dist.	Night Truck	KIS2715 - Biomist 4+4 ATV/ULV	06/16/2022	06/16/2022	2.50	mi	
P07800 - Poinciana West Community Dev. Dist.	Night Truck	KIS2827 - Biomist 4+4 Truck ULV	06/20/2022	06/20/2022	2.20	mi	
P07800 - Poinciana West Community Dev. Dist.	Night Truck	KIS2715 - Biomist 4+4 ATV/ULV	06/23/2022	06/23/2022	2.40	mi	
P07800 - Poinciana West Community Dev. Dist.	Night Truck	KIS2827 - Biomist 4+4 Truck ULV	06/27/2022	06/27/2022	2.30	mi	
P07800 - Poinciana West Community Dev. Dist.	Night Truck	KIS2715 - Biomist 4+4 ATV/ULV	06/30/2022	06/30/2022	2.40	mi	
					21.10		

1/1	7/1/2022 7:39:30 AM
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Customer Complaint Log Poinciana West CDD								

Date	
Resident	
Address	
Pond	
Complaint	
Assigned To	
Resolution	Date Resolved	

5/17/22	
Joyce Ardillo	
452 Bel Air Way	
P-21	Other resident
misreporting aggressive alligator	
Tricia	
TBD	
TBD	
5/31/22	Jacqueline Smith	975 Ladera Ranch Road	P-17	Dirty Pond	Clayton	Treated	6/8/22	

5/31/22	
Marvin Chandler	
963 Ladera Ranch Rd	
p-17	
Debris in pond	
Clayton	contacted
developer to have cleaned	
5/31/22	
6/7/22	Marvin Chandler	963 Ladera Ranch Rd	P-17	Algae/Debris	Clayton	Treated	6/8/22	

6/19/22	
Richard Sones	
1331 Bonita Canyon Dr	
p-22	
Algae	
Clayton	Treatment plan in
place. Resident notified.	
6/23/22	

6/21/22	
Marvin Chandler	
963 Ladera Ranch Rd	
P-17	
Debris in pond	
Clayton	Construction debris notice
sent to builders	
TBD	

6/29/22	

Edward Smith	

672 San Joaquin Rd	

P-3	
Grass overgrown around pond	

Clayton	Maintenance plan
in place. Line Trimming scheduled.		
7/8/22	Elizabeth Weiss	443 Indian Wells Ave	P-1	Grass overgrown around
pond	Clayton	Area mowed,
Spoke to resident	7/11/22	
7/11/22	Jacqueline Smith	975 Ladera Ranch Road	P-17	Algae/Grass Overgrown	Clayton	Treated	7/14/22