Boggy Creek Improvement District
3501 Quadrangle Boulevard, Suite 270, Orlando, FL 32817; Phone: 407-723-5900 www.boggycreekid.org

The following is the proposed agenda for the upcoming Meeting of the Board of Supervisors for the Boggy Creek Improvement District (“District”), scheduled to be held at 3:00 p.m. on Tuesday, March 21, 2023, at Courtyard Orlando Lake Nona, 6955 Lake Nona Blvd., Orlando, FL 32827. A quorum will be confirmed prior to the start of the meeting.

District Staff, please use the following information to join via computer or the conference line:

Phone:1-844-621-3956	Computer: pfmgroup.webex.com	Participant Code: 796 580 192#

BOARD OF SUPERVISORS’ MEETING AGENDA

Organizational Matters
Roll Call to Confirm a Quorum
Public Comment Period
Consideration of the Minutes of the February 21, 2023, Board of Supervisors’ Meeting

Business Matters
Consideration of OUC Lighting Installation, Upgrade & Service Agreement – Lake Nona Blvd LED Upgrade (provided under separate cover)
Consideration of Arbitrage Rebate Proposals (provided under separate cover)
Ratification of Operation and Maintenance Expenditures Paid in February 2023 in an amount totaling $163,080.67
Ratification of Requisition Nos. 2018-284 – 2018-286 in February 2023 in an amount totaling
$3,707.00
Recommendation of Work Authorizations/Proposed Services (if applicable)
Review of District’s Financial Position and Budget to Actual YTD

Other Business
Staff Reports
District Counsel
District Manager
District Engineer
Landscape Supervisor
Irrigation Supervisor
Construction Supervisor
Supervisor Requests
Adjournment

BOGGY CREEK IMPROVEMENT DISTRICT

Minutes of the February 21, 2023, Board of Supervisor’ Meeting

BOGGY CREEK IMPROVEMENT DISTRICT BOARD OF SUPERVISORS’ MEETING MINUTES

FIRST ORDER OF BUSINESS	Roll Call to Confirm Quorum

The Board of Supervisors’ Meeting for the Boggy Creek Improvement District was called to order on Tuesday, February 21, 2023, at 3:00 p.m. at the Courtyard Orlando Lake Nona, 6955 Lake Nona Blvd,
Orlando, FL 32827.			
Present:			
Damon Ventura Thad Czapka Chad Tinetti	Vice Chairperson Assistant Secretary Assistant Secretary		
Also attending:			
Jennifer Walden Lynne Mullins Amanda Lane Jorge Jimenez Tucker Mackie Jeffrey Newton
Larry Kaufmann Matt McDermott	PFM PFM PFM PFM
Kutak Rock
Donald W. McIntosh Associates, Inc.
Construction Supervisor Construction Committee Member	(via phone)

(via phone) (via phone) (via phone)

(via phone)	
Samantha Sharenow	Berman		
Katie Harmer	Berman		
Julie Salvo	Tavistock		

SECOND ORDER OF BUSINESS	Public Comment Period

Ms. Mullins called for public comments. There were no public comments.

THIRD ORDER OF BUSINESS	Consideration of the Minutes of the December 13, 2022, Board of Supervisors’ Meeting

The Board reviewed the minutes of the December 13, 2022, Board of Supervisors’ Meeting.

On motion by Mr. Ventura, seconded by Mr. Czapka, with all in favor, the Board of Supervisors for the Boggy Creek Improvement District approved the Minutes of the December 13, 2022, Board of Supervisors’ Meeting.

FOURTH ORDER OF BUSINESS	Nominations for Vacant Seat 1 (Expires 11/2024)

Ms. Mullins noted that there is a vacant seat since Ms. Bennett resigned and the term expires November 2024. Mr. Tinetti stated that he nominates Ms. Julie Salvo.

On motion by Mr. Ventura, seconded by Mr. Czapka, with all in favor, the Board of Supervisors for the Boggy Creek Improvement District approved the nomination of Ms. Julie Salvo to fill vacant Seat 1.

Ms. Mullins swore in Ms. Julie Salvo.

FIFTH ORDER OF BUSINESS	Consideration of Resolution 2023-04, Election of Officers

Ms. Mullins noted that the current slate of officers includes Dr. Richard Levey as Chair, Damon Ventura as Vice Chair, Jennifer Walden as Secretary, Lynne Mullins, Chad Tinetti, and Thad Czapka as Assistant Secretaries, Amanda Lane as Treasurer, and Jennifer Glasgow as Assistant Treasurer. She noted that the Board is free to make any changes but recommends at least adding in Julie Salvo as Assistant Secretary.

On motion by Mr. Ventura, seconded by Mr. Tinetti, with all in favor, the Board of Supervisors for the Boggy Creek Improvement District approved Resolution 2023-04, Election of Officers, with Dr. Richard Levey as Chair, Damon Ventura as Vice Chair, Jennifer Walden as Secretary, Lynne Mullins, Chad Tinetti, Thad Czapka, and Julie Salvo as Assistant Secretaries, Amanda Lane as Treasurer, and Jennifer Glasgow as Assistant Treasurer.

SIXTH ORDER OF BUSINESS	Discussion Regarding OUC Conduit Installation Refund – Lake Nona Blvd Trail

Mr. Kaufmann noted the Board approved about a year ago some funds to install conduits along Lake Nona Boulevard to accommodate streetlights that were proposed to better illuminate the trail areas. In that process, OUC accepted the money for the contract and commenced construction in mid-2022.
Shortly after commencing construction, OUC’s contractor bored into one of the District’s reclaimed lines, and OUC pulled out and decided they no longer wanted to perform under the agreement. Since OUC did not fulfill their contract, Mr. Kaufmann requested a refund for the fees that the District paid, which amounted to $121,786.18 for the conduit work. Mr. Kaufmann received about three or four weeks ago a refund request form to be filled out in which OUC said they were going to repay the District $110,758.65 and deducted $11,027.53 to pay their contractor that came out to work on the project. Mr. Kaufmann noted that he discussed with Dr. Levey and Ms. Mackie last week whether to pursue the full contract amount, the reduced amount offered by OUC, or another amount splitting the cost of OUC’s contractor’s work. Mr. Kaufmann’s recommendation is to accept the payment amount that OUC is willing to refund, which was $110,758.65.

Mr. Ventura asked why OUC pulled out of the project. Mr. Kaufmann explained the contractor tried to do the first directional bore and hit the utility line. For some reason, they didn't expect to hit anything or didn't do the proper investigative work before they started. The District then agreed to repair the line and replace the sod, which came to about $1,500.00. Approximately three weeks later, Mr. Kaufmann was notified by OUC that they had no intention of coming back, that there were lines in the way, and they couldn't complete the installation.

Mr. Ventura asked if the work still needs to get done. Mr. Kaufmann replied that the project has been modified, and the District is no longer putting in the individual streetlights along the trail. The new plan is to increase the lumens on the existing lights. Also, a lot of the trees were trimmed, which helped clear

some of the obstructions for the streetlights. As a result, the District is going to be spending a lot less for the project now.

Discussion ensued about the Board and Chair being in agreeance with Mr. Kaufmann’s proposal to accept OUC’s refund as presented.

On motion by Mr. Ventura, seconded by Mr. Czapka, with all in favor, the Board of Supervisors for the Boggy Creek Improvement District approved the Conduit Installation Refund from OUC in the amount of $110,758.65.

SEVENTH ORDER OF BUSINESS	OUC Lighting Installation, Upgrade & Service Agreement- Lake Nona Blvd. LED Upgrade

Mr. Kaufmann stated he received OUCs standard agreement about three or four weeks ago, which is for the upgrade of the fixtures along Lake Nona Boulevard down to Medical City Drive. About two weeks later, he received another e-mail from OUC saying they made a mistake on the price and that it could go up or down.

Mr. Kaufmann would like to table this item until the new agreement with the correct pricing is received.

EIGHTH ORDER OF BUSINESS	Ratification of Pressure Washing Proposal from Berman

Ms. Mullins stated the team solicited four other vendors who came out and met with Mr. McDermott. One vendor declined to provide a proposal and the three others were all higher than Berman’s proposal, which was $1,760.00. As such, District staff chose to move forward with Berman. This was approved by the Chair outside of a meeting so that the work could be done in a timely manner.

On motion by Mr. Tinetti, seconded by Mr. Ventura, with all in favor, the Board of Supervisors for the Boggy Creek Improvement District ratified the Pressure Washing Proposal from Berman.

NINTH ORDER OF BUSINESS	Ratification of Operation and Maintenance Expenditures Paid in December 2022 in an amount totaling
$93,473.82.

Ms. Mullins noted that these expenditures have been approved and need to be ratified by the Board.

On motion by Mr. Tinetti, seconded by Ms. Salvo, with all in favor, the Board of Supervisors for the Boggy Creek Improvement District ratified the Operation and Maintenance Expenditures Paid in December 2022 in an amount totaling $93,473.82.

TENTH ORDER OF BUSINESS	Ratification of Operation and Maintenance Expenditures Paid in January 2023 in an amount totaling
$21,035.91

Ms. Mullis noted that these expenditures have been approved and need to be ratified by the Board.

On motion by Mr. Ventura, seconded by Mr. Tinetti, with all in favor, the Board of Supervisors for the Boggy Creek Improvement District ratified the Operation and Maintenance Expenditures Paid in January 2023 in an amount totaling $21,035.91.

ELEVENTH ORDER OF BUSINESS	Ratification of Requisition Nos. 2018- 275 – 2018-280 Paid in December 2022 in an amount totaling $7,555.08

Ms. Mullins noted that these Requisitions have been approved and need to be ratified by the Board.

On motion by Mr. Ventura, seconded by Ms. Salvo, with all in favor, the Board of Supervisors for the Boggy Creek Improvement District ratified Requisition Nos. 2018-275 – 2018-280 Paid in December 2022 in an amount totaling $7,555.08.

TWELFTH ORDER OF BUSINESS		Ratification of Requisition Nos. 2018- 281 – 2018-283 Paid in January 2023 in an amount totaling $978.44

Ms. Mullins noted that these Requisitions have been approved and need to be ratified by the Board.

On motion by Mr. Ventura, seconded by Mr. Czapka, with all in favor, the Board of Supervisors for the Boggy Creek Improvement District ratified Requisition Nos. 2018-281 – 2018-283 Paid in January 2023 in an amount totaling $978.44.

THIRTEENTH ORDER OF BUSINESS	Recommendation	of	Work Authorizations/Proposed Services

Mr. Kaufmann stated there is a proposal for the design and permitting of the Nemours Parkway sidewalk adjacent to SIMCOM in the amount of $7,000.00. Mr. Newton added that, when the District built Nemours Parkway, the Loop Road for the Town Center, the trail on the outside of the loop was also built, but the sidewalk on the inside of the loop wasn’t built because there was going to be a lot of construction work in the Town Center. It's a District responsibility because it was part of the District’s Capital Improvement program and was deferred until it was needed. Mr. Kaufmann explained this was a time sensitive issue and just needs to be ratified as the Chair has already approved the work.

On motion by Mr. Ventura, seconded by Mr. Czapka, with all in favor, the Board of Supervisors for the Boggy Creek Improvement District ratified the proposal with Donald W. McIntosh Associates, Inc. for the Nemours Parkway Sidewalk at SIMCOM for $7,000.00.

FOURTEENTH ORDER OF BUSINESS	Review of District’s Financial Position and Budget to Actual YTD

Ms. Mullins explained that through January the District has expenses of $298,500.00 versus the overall budget of $1,760,000.00. So, the District has spent 17% of the budget.

FIFTEENTH ORDER OF BUSINESS	Staff Reports

District Counsel –	No report.

District Manager –	Ms. Mullins stated the next Board meeting will be on March 21, 2023. District Engineer –	No report.
Construction Supervisor -	No report.

Landscape Supervisor –	Ms. Mullins introduced Ms. Katie Harmer and Ms. Samantha Sharenow to
the Board and explained that they are taking over for Aaron Wilbanks with Berman.

Irrigation Supervisor –	No report.

SIXTEENTH ORDER OF BUSINESS	Supervisor Requests

There were no Supervisor requests.

SEVENTEENTH ORDER OF BUSINESS	Adjournment

Ms. Mullins requested a motion to adjourn.

On motion by Mr. Ventura, seconded by Mr. Tinetti, with all in favor, the February 21, 2023, Meeting of the Board of Supervisors for the Boggy Creek Improvement District was adjourned.

Secretary/Assistant Secretary	Chair/Vice Chair

OUC Lighting Installation, Upgrade & Service Agreement –
Lake Nona Blvd
(provided under separate cover)

Arbitrage Rebate Proposals
(provided under separate cover)

Operation and Maintenance Expenditures Paid in February 2023 in an amount totaling $163,080.67

BOGGY CREEK IMPROVEMENT DISTRICT
DISTRICT OFFICE ● 3501 QUADRANGLE BLVD STE 270 ● ORLANDO, FL 32817 PHONE: (407) 723-5900 ● FAX: (407) 723-5901

Operation and Maintenance Expenditures For Board Approval

Attached please find the check register listing Operations and Maintenance expenditures paid from February 1, 2022 through February 28, 2022. This does not include expenditures previously approved by the Board.

The total items being presented:    $163,080.67

Approval of Expenditures:

	 Chairman

	 Vice Chairman

	 Assistant Secretary

Payment Authorization #571
11RJ?nn		
Item No.	Payee	Invoice Number	General Fund	

1	
Aquatic Weed Control			
	January Waterway Service	78721	$	835.00	
2	Berman Construction			
	January Administrator & Irrigation Specialist	33405	$  3,000.01	
3	Cepra Landscape			
	January Sections 1 & 2 Landscaping	O-S3874	$24,832.76	
	January Interchange Landscaping	O-S3875	$22,950.50	
4	owe Outdoors & Hauling			
	live Oak Trimming	2079	$  3,500.00	
5	PFM Group Consulting			
	November & December Billable Expenses	123539	$	79.87	
	OM Fee: January 2023	DM-01-2023-06	$  3,333.33	
6	VGlobalTech			
	October Website Maintenance	4369	$	135.00	
	November Website Maintenance	4444	$	135.00	
	December Website Maintenance	4565	$	135.00	

TOTAL	$ 58,936.47

ecretary/Assistant Secretary

Boggy Creek Improvement District
clo PFM Group Consulting
3501 Quadrangle Boulevard, Ste. 270
Or1ando. FL 32817

Chairperson

LaneAaofm.am II (407) 723-5925

Payment Authorization #572
1/13/2023

Item
	No.		Payee	Invoice Number	General Fund	
1	Cepra Landscape			
	December Interchange Irrigation Repairs	O-S3841	$	2,643.50	
	December Irrigation Repairs	O-S3842	$	2,415.00	
2	ouc			
Acct: 2562183178; Service 12/01/2022- 01/03/2023	$	9,266.37	

;j	
t-M \:iroup \;On&u1t1ng				
	December Reimbursables	OE-EXP-01-2023-05	$	2.42	

TOTAL	$ 14,327.29

ecretary/Assistant Secretary

Chairperson

Boggy Creek Improvement Dislrict
r:Jo PFM Group Consulting
3501 Quadrangle Boulevard. Ste. 270
Orlando. FL 32817
LaneA@ofm.a>m II (-407) 723-5925

Payment Authorization #573
1/20/2023

Item
No.	Payee	Invoice
Number	General
Fund	

1	
Cepra Landscape			
	SIMCON Mainline Cap Installation	O-S3910	$	1,410.00	
	uomua n mcmtosn ASSoc1ates
Engineering Services Through 12/30/2022	
43666	
$	437.50	

TOTAL	$  1,847.60

ecretary/Assistant Secretary

Chairperson

Boggy Creek Improvement District c/o PFM Group Consulting
3501 Quadrangle Boulevard, Ste. 270
Onando. Fl 32817
LaneA@pfm.com If (407) 723-5925

Payment Authorization '#674
1/25/2023

Item
No.
·,	vnanao  entme,

Payee	Invoice
Number

General Fund

Legal Advertising on 01/09/2023 (Ad: 7348597)	OSC66657076	$	249.50

TOTAL	$	249.50

ecretary/Assistant Secretary

Chairperson

Boggy Creek Improvement District
clo PFM Group Consulting
3501 Quadrangle Boulevard, Ste. 270
Ortando. FL 32817
LaneA@pfm.com II (407) 723-5925

Payment Authorization #575
2/312023		
Item No.	Payee	Invoice Number	General Fund	

1	
Aquatic Weed Control			
	February Waterway Service	79770	$	835.00	
2	Berman Construction			
	SR417 Overpass Monument Pressure Washing	33903	$  1,760.00	
	February Administrator & Irrigation Specialist	34170	$  3,000.01	
3	Cepra Landscape
February Sedions 1 & 2 Landscaping	
O-S3967	
$24,832.76	
	February Interchange Landscaping	O-S3968	$22,950.50	
4	owe Outdoors & Hauling Hardwood Trimming	

2136	

$  5,075.00	
5	Kutak Rock			
	General Counsel Through 12/31/2022	3170115	$  1,208.63	
6	VGlobalTech			
	January Website Maintenance	4651	$	135.00	

Boggy Creek Improvement District
clo PFM Group Consulting
3501 Quadrangle Boulevard, Ste. 270
Orlando, FL 32817
LaneA@pfm.oom fl (407) 723-5925

TOTAL	S 59,796.90

Chairperson

1	Cepra Landscape		
January Irrigation Services	O-S4015	$	3,637.50	
2	ouc
Acct: 2562183178; Service 01/03/2023 - 02/01/2023		
$	9,427.30	
3	PFM Group Consulting			
January Billable Expenses	123809	$	12.00	
OM Fee: February 2023	DM-02-2023-06	$	3,333.33	

&ft,cl?

TOTAL	$ 16,410.13

:retary/Assistant  Secretary	Chairperson

Boggy Creek Improvement District c/o PFM Group Consulting
3501 Quadrangle Boulevard, Ste. 270
Orlando, Fl 32817
LaneA@pfm.com II (407) 723-5925

BOGGY CREEK IMPROVEMENT DISTRICT

Requisition Nos. 2018-284 – 2018-286
in February 2023 in an amount totaling $3,707.00

BOGGY CREEK IMPROVEMENT DISTRICT
DISTRICT OFFICE ● 3501 QUADRANGLE BLVD STE 270 ● ORLANDO, FL 32817 PHONE: (407) 723-5900 ● FAX: (407) 723-5901

Requisition Recap For Board Approval

Attached please find the listing of requisitions approved to be paid from bond funds from February 1, 2022 through February 28, 2022. This does not include requisitions previously approved by the Board.

REQUISITION NO	.	PAYEE	AMOUNT	
2018-284	Kutak Rock	$290.00	
2018-285	Donald W. McIntosh Associates	$3,171.25	
2018-286	Orlando Sentinel	$245.75	
		$3,707.00	

BOGGY CREEK IMPROVEMENT DISTRICT REQUISITION FOR PAYMENT AND
2018 NOTE REQUISITION AND CONSTRUCTION ACCOUNT

DATE: PAYEE: ADDRESS:

February 3, 2023 KutakRock POBox30057
Omaha, NE 68103-1157

REQUISITION NO:	2018-284
AMOUNT DUE:	$290.00
FUND:	Acquisi•on/Construction

ITEM:

Invoice 3170116 for Client Matter 3023-2 (Project Construction) Thromrh 12/31/2022

The undersigned hereby certifies that obligations in the stated amount set forth above have been incurred by the District, that each disbursement set forth above is a proper charge against the 2018 Acquisition and Construction Account, referenced above, that each disbursement set forth above was incurred in connection with the acquisition and the construction of the 2018 Project (herein after the "Project") and each represents a Cost of the Project, and has not previously been paid

The undersigned hereby further certifies that there has not been filed with or served upon the District notice of any lien, right to lien, or attachment upon, or claim affecting the right to receive payment of, any of the monies payable to the Payee set forth above, which has not been released or will not be released simultaneously with the payment hereof.

The undersigned hereby further certifies that such requisition contains no item representing payment on account of any retained percentage, which the District is at the date of such certificate entitled to retain.

It is hereby represented by the undersigned that the Governing Body of the Dis1£ict has approved this requisition or has approved the specific contract with respect to which disbursements pursuant to this requisition are due and payable.

Attached hereto are photocopies of the invoice(s) from the vendor of the property acquired or services rendered with respect to which disbursement is hereby requested.

BOGGY CREEK IMPROVEMENT DISTRICT

BY_:

tli_7k-_
CHAIRMAN or VICE CHAIRMAN

RECEIVED
By Amanda Lane at 8:23 am, Feb 06, 2023

DISTRICT ENGINEER'S APPROVAL FOR PROJECT EXPENDITURES

The undersigned District Engineer hereby certifies that this disbursement is for a cost of the 2018 Project and is consistent with: (i) the applicable or construction contract; (ii) the plans and specifications for the portion of the 2018 Project with respect to which such disbursement is being made; an , (iii) th re  rt of the District Engineer.

BY:

BCID Series 2018 Req. 284- Kutak Rock	February 3, 2023	Pagel ofl

BOGGY CREEK IMPROVEMENT DISTRICT REQUISITION FOR PAYMENT AND
2018 NOTE REQUISITION AND CONSTRUCTION ACCOUNT

DATE: PAYEE: ADDRESS:

February 17, 2023
Donald W McIntosh Associates 2200 Parle Avenue North Winter Park, FL 32789

REQUISITION NO: AMOUNT DUE: FUND:

2018-285
$3,171.25
Acquisition/Construction

ITEM:

•

Invoice 43775 for Project 23218 (Lake Nona Boggy Creek) Through 01/27/2023 -
$898.75
Invoice 43782 for Project 22646 (Nemours Parkway Sidewalk at SIMCOM) Through 0 l /27/2023 - $2,272.50

The undersigned hereby certifies that obligations in the stated amount set forth above have been incurred by the District, that each disbursement set forth above is a proper charge against the 2018 Acquisition and Construction Account, referenced above, that each disbursement set forth above was incurred in connection with the acquisition and the construction of the 2018 Project (herein after the "Project") and each represents a Cost of the Project, and has not previously been paid.

The undersigned hereby further certifies that there has not been filed with or served upon the District notice of any lien, right to lien, or attachment upon, or claim affecting the right to receive payment of, any of the monies payable to the Payee set forth above, which has not been released or will not be released simultaneously with the payment hereof.

The undersigned hereby further certifies that such requisition contains no item representing payment on account of any retained percentage, which the District is at the date of such certificate entitled to retain.

It is hereby represented by the undersigned that the Governing Body of the District has approved this requisition or has approved the specific contract with respect to which disbursements pursuant to this requisition are due and payable.

Attached hereto are photocopies of the invoice(s) from the vendor of the property acquired or services rendered with respect to which disbursement is hereby requested.

BOGGY CREEK IMPROVEMENT DISTRICT

BY:_!Lt_ -- CHAIRMAN or VICE CHAIRMAN

DISTRICT ENGINEER'S APPROVAL FOR PROJECT EXPENDITURES
The undersigned District Engineer hereby certifies that this disbursement is for a cost of the 2018 Project and is consistent with: (i) the applicable or construction contract; (ii) the plans 1d sp ifi ations for the portion of the 2018 Project with respect to which such disbursement is being made; an  1i the Ii p  of the District Engineer.

BY:

2,/J7)l3

•

BCID Series 2018 Req. 285 - Donald W McIntosh Associates	February 17, 2023	Page 1 of 1

BOGGY CREEK IMPROVEMENT DISTRICT REQUISITION FOR PAYMENT AND
2018 NOTE REQUISITION AND CONS1RUCTION ACCOUNT

DATE: PAYEE: ADDRESS:

February 17, 2023 Orlando Sentinel PO Box 100608
Atlanta, GA 30384-0608

REQUISITION NO:	2018-286
AMOUNT DUE:	$245.75
FUND:	Acquisition/Construction

ITEM:

Invoice 67771844000 for Reference OSC67771844 (Ad #7368715) for Construction Legal AdvertisingofFY 2023 Construction Committee Meetings (Split Five Ways, Will Be Reimbursed From GID, MCID, PE, MID)

The undersigned hereby certifies that obligations in the stated amount set forth above have been incurred by the District, that each disbursement set forth above is a proper charge against the 2018 Acquisition and Construction Account, referenced above,·that each disbursement set forth above was incurred in connection with the acquisition and the construction of the 2018 Project (herein after the "Project") and each represents a Cost of the Project, and has not previously been paid.

The undersigned hereby further certifies that there has not been filed with or served upon the District notice of any lien, right to lien, or attachment upon, or claim affecting the right to receive payment of, any of the monies payable to the Payee set forth above, which has not been released or will not be released simultaneously with the payment hereof.

The undersigned hereby further certifies that such requisition contains no item representing payment on account of any retained percentage, which the District is at the date of such certificate entitled to retain.

It is hereby represented by the undersigned that the Governing Body of the District has approved this requisition or has approved the specific contract with respect to which disbursements pursuant to this requisition are due and payable.

Attached hereto are photocopies of the invoice(s) from the vendor of the property acquired or services rendered with respect to which disbursement is hereby requested.

BOGGY CREEK IMPROVEMENT DISTRICT

BY:

tlL

_

CHAIRMAN or VICE CHAIRMAN

DISTRICT ENGINEER'S APPROVAL FOR PROJECT EXPENDITURES

The undersigned District Engineer hereby certifies that this disbursement is for a cost of the 2018 Project and is consistent with: (i) the applicable or construction contract; (ii) the plans and specifications for the portion of the 2018 Project with respect to which such disbursement is being made; and, (iii the report  the District Engineer.

BY:

BCID Series 2018 Req. 286-0rlando Sentinel	February 17, 2023	Page I oft

Work Authorizations/Proposed Services (if applicable)

District’s Financial Position and Budget to Actual YTD

General		Debt Service		Capital Projects	
		
Assets			

$888,317.80					
1,334.25					
21,400.50					
533,938.85					
17,596.15					
5,000.00					
80,818.76					
9,455.48					
		$1,867,301.97			
		457,106.83			
		3,946,021.87			
		1,368,572.05			
		1,763,681.06			
		7,196.38			
				$13,134.03	
				62,673.61	
				96.80	
				196.60	
$1,557,861.79		$9,409,880.16		$76,101.04	
$0.00		$0.00		$0.00	
$1,557,861.79		$9,409,880.16		$76,101.04	

General Long- Term Debt		Total	

$888,317.80	
		1,334.25	
		21,400.50	
		533,938.85	
		17,596.15	
		5,000.00	
		80,818.76	
		9,455.48	
		1,867,301.97	
		457,106.83	
		3,946,021.87	
		1,368,572.05	
		1,763,681.06	
		7,196.38	
		13,134.03	
		62,673.61	
		96.80	
		196.60	
$0.00		$11,043,842.99	

$7,085,471.36		
$7,085,471.36	
37,874,528.64		37,874,528.64	
$44,960,000.00		$44,960,000.00	
$44,960,000.00		$56,003,842.99	

Current Assets
General Checking Account State Board of Administration
Accounts Receivable - Due from Developer Assessments Receivable
Due From Other Governmental Units Deposits
Infrastructure Capital Reserve Interchange Maintenance Reserve Assessments Receivable
Due From Other Funds
Debt Service Reserve Series 2013 Debt Service Reserve Series 2018 Revenue Series 2013
Interest Series 2018 General Checking Account
Acquisition/Construction Series 2013
Acquisition/Construction Series 2018 Due From Other Governmental Units
Total Current Assets

Investments
Amount Available in Debt Service Funds Amount To Be Provided
Total Investments

Total Assets

General Long- Term Debt		Total	

$0.00		

$481,114.33 555,339.35
1,867,301.97
$2,903,755.65	

$44,960,000.00
$44,960,000.00		
$44,960,000.00
$44,960,000.00	
$44,960,000.00		$47,863,755.65	

$0.00		

$70,670.30 384,882.54
65,855.27

(1,538,788.05)
1,007,332.21

8,074,034.03
(22,384,631.35)
(4,281,121.20)
44,877.43

26,696,976.16
$8,140,087.34	
			
$44,960,000.00		$56,003,842.99	

General	Debt Service	Capital Projects

Liabilities and Net Assets

Current Liabilities Accounts Payable Deferred Revenue Deferred Revenue
Total Current Liabilities

Long Term Liabilities
Revenue Bonds Payable - Long-Term Total Long Term Liabilities

Total Liabilities

Net Assets
Net Assets, Unrestricted
Net Assets - General Government
Current Year Net Assets - General Government

Net Assets, Unrestricted
Current Year Net Assets, Unrestricted

Net Assets - General Government Net Assets, Unrestricted
Net Assets, Unrestricted
Current Year Net Assets, Unrestricted

Net Assets - General Government
Total Net Assets

Total Liabilities and Net Assets

555,339.35

$1,036,453.68		
$1,867,301.97
$1,867,301.97		

$0.00	
$0.00		$0.00		$0.00	
$1,036,453.68		$1,867,301.97		$0.00	

$70,670.30 384,882.54
65,855.27

$521,408.11		

($1,538,788.05) 1,007,332.21
8,074,034.03

$7,542,578.19		

($22,384,631.35)
(4,281,121.20)
44,877.43

26,696,976.16
$76,101.04	
					
$1,557,861.79		$9,409,880.16		$76,101.04	

$481,114.33

Boggy Creek Improvement District
Statement of Activities As of 2/28/2023	
	
General	
Debt Service	
Capital Projects	
General Long- Term Debt	
Total	

Revenues						
On-Roll Assessments	$76,360.88				$76,360.88	
Off-Roll Assessments	310,155.71				310,155.71	
Developer Contributions	60,024.00				60,024.00	
On-Roll Assessments		$457,106.83			457,106.83	
Off-Roll Assessments		1,666,233.45			1,666,233.45	
Inter-Fund Group Transfers In		(32,373.59)			(32,373.59)	
Debt Proceeds		395,856.40			395,856.40	
Inter-Fund Transfers In			$32,373.59		32,373.59	
Debt Proceeds			23,952.08		23,952.08	
Total Revenues	

$446,540.59	

$2,486,823.09	

$56,325.67	

$0.00	

$2,989,689.35	
Expenses						
Supervisor Fees	$600.00				$600.00	
Public Officials' Liability Insurance	3,892.00				3,892.00	
Trustee Services	6,317.34				6,317.34	
Management	16,666.65				16,666.65	
Engineering	562.50				562.50	
Dissemination Agent	1,250.00				1,250.00	
Property Appraiser	7.01				7.01	
District Counsel	3,059.88				3,059.88	
Assessment Administration	7,500.00				7,500.00	
Travel and Per Diem	15.23				15.23	
Postage & Shipping	6.98				6.98	
Legal Advertising	1,745.52				1,745.52	
Bank Fees	2.00				2.00	
Miscellaneous	12.00				12.00	
Meeting Room	72.27				72.27	
Property Taxes	78.60				78.60	
Web Site Maintenance	540.00				540.00	
Holiday Decorations	400.00				400.00	
Dues, Licenses, and Fees	175.00				175.00	
Electric	2,233.75				2,233.75	
Water Reclaimed	6,689.77				6,689.77	
General Insurance	4,415.00				4,415.00	
Property & Casualty	4,328.00				4,328.00	
Irrigation Parts	18,347.10				18,347.10	

Boggy Creek Improvement District
Statement of Activities As of 2/28/2023

General	Debt Service

Capital	General Long-
Projects	Term Debt

Total

Landscaping Maintenance & Material	123,966.35								123,966.35	
Tree Trimming	13,325.00								13,325.00	
Contingency	55.00								55.00	
IME - Aquatics Maintenance	1,356.90								1,356.90	
IME - Irrigation	859.14								859.14	
IME - Landscaping	37,294.55								37,294.55	
IME - Lighting	307.50								307.50	
IME - Miscellaneous	572.00								572.00	
IME - Water Reclaimed	241.07								241.07	
Entry and Wall Maintenance	1,760.00								1,760.00	
Shuttle Financing - Maintenance	14,400.00								14,400.00	
Shuttle Financing - Vehicle Cost	57,600.00								57,600.00	
Shuttle Financing - BEEP Operating Costs	9,424.50								9,424.50	
Streetlights	26,102.18								26,102.18	
Personnel Leasing Agreement	15,000.05								15,000.05	
Interest Payments (Series 2013)			$1,152,100.00						1,152,100.00	
Interest Payments (Series 2018)			362,270.87						362,270.87	
Engineering					$7,639.38				7,639.38	
District Counsel					1,218.00				1,218.00	
Legal Advertising					255.35				255.35	
Contingency					2,649.64				2,649.64	
Total Expenses	$381,180.84		$1,514,370.87		$11,762.37		$0.00		$1,907,314.08	

Other Revenues (Expenses) & Gains (Losses)

Interest Income	$495.52								$495.52	
Interest Income			$34,879.99						34,879.99	
Interest Income					$314.13				314.13	
Total Other Revenues (Expenses) & Gains (Losses)	$495.52		$34,879.99		$314.13		$0.00		$35,689.64	
Change In Net Assets	$65,855.27		$1,007,332.21		$44,877.43		$0.00		$1,118,064.91	

Net Assets At Beginning Of Year	
$455,552.84		
$6,535,245.98		
$31,223.61		
$0.00		
$7,022,022.43	

Net Assets At End Of Year	
$521,408.11		
$7,542,578.19		
$76,101.04		
$0.00		
$8,140,087.34	

Boggy Creek Improvement District	
Budget to Actual	
For the Month Ending 02/28/2023	

Actual		

Budget		

Variance	
FY 2023
Adopted Budget	
Percentage Spent	

Revenues									
On-Roll Assessments	$	76,360.88	$	-	$	76,360.88	$	-		
Off-Roll Assessments	310,155.71		383,523.10		(73,367.39)	920,455.44	33.70%	
Developer Contributions	60,024.00		302,216.54		(242,192.54)	725,319.70	8.28%	
Carryforward Revenue	47,464.17		47,464.17		-	113,914.01	41.67%	
Net Revenues	$	494,004.76	$	733,203.81	$	(239,199.05)	$ 1,759,689.15	28.07%	
General & Administrative Expenses									
Legislative									
Supervisor Fees	$	600.00	$	2,000.00	$	(1,400.00)	$	4,800.00	12.50%	
Financial & Administrative									
Public Officials' Liability Insurance	3,892.00		1,604.17		2,287.83		3,850.00	101.09%	
Trustee Services	6,317.34		3,541.67		2,775.67		8,500.00	74.32%	
Management	16,666.65		16,666.67		(0.02)	40,000.00	41.67%	
Engineering	562.50		4,791.67		(4,229.17)	11,500.00	4.89%	
Dissemination Agent	1,250.00		2,083.33		(833.33)		5,000.00	25.00%	
Property Appraiser	7.01		416.67		(409.66)		1,000.00	0.70%	
District Counsel	3,059.88		14,583.33		(11,523.45)	35,000.00	8.74%	
Assessment Administration	7,500.00		3,125.00		4,375.00		7,500.00	100.00%	
Reamortization Schedules	-		104.17		(104.17)		250.00	0.00%	
Audit	-		1,666.67		(1,666.67)		4,000.00	0.00%	
Arbitrage Calculation	-		500.00		(500.00)		1,200.00	0.00%	
Travel and Per Diem	15.23		125.00		(109.77)		300.00	5.08%	
Telephone	-		20.83		(20.83)		50.00	0.00%	
Postage & Shipping	6.98		208.33		(201.35)		500.00	1.40%	
Copies	-		625.00		(625.00)		1,500.00	0.00%	
Legal Advertising	1,745.52		3,333.33		(1,587.81)		8,000.00	21.82%	
Bank Fees	2.00		150.00		(148.00)		360.00	0.56%	
Miscellaneous	12.00		1,250.00		(1,238.00)		3,000.00	0.40%	
Meeting Room	72.27		166.67		(94.40)		400.00	18.07%	
Office Supplies	-		104.17		(104.17)		250.00	0.00%	
Property Taxes	78.60		62.50		16.10		150.00	52.40%	
Web Site Maintenance	540.00		1,250.00		(710.00)		3,000.00	18.00%	
Holiday Decorations	400.00		833.33		(433.33)		2,000.00	20.00%	
Dues, Licenses, and Fees	175.00		72.92		102.08		175.00	100.00%	
Total General & Administrative Expenses	$	42,902.98	$	59,285.43	$	(16,382.45)	$  142,285.00	30.15%	

Boggy Creek Improvement District
Budget to Actual
For the Month Ending 02/28/2023

		Actual		Budget		Variance	FY 2023
Adopted Budget	Percentage Spent	

Field Operations Expenses									
Electric Utility Services									
Electric	$	2,233.75	$	2,500.00	$	(266.25)	$	6,000.00	37.23%	
Entry Lighting		-		208.33		(208.33)	500.00	0.00%	
Water-Sewer Combination Services									
Water Reclaimed		6,689.77		12,500.00		(5,810.23)	30,000.00	22.30%	
Other Physical Environment									
General Insurance		4,415.00		1,833.33		2,581.67	4,400.00	100.34%	
Property & Casualty		4,328.00		1,750.00		2,578.00	4,200.00	103.05%	
Other Insurance		-		41.67		(41.67)	100.00	0.00%	
Irrigation Repairs		18,347.10		25,000.00		(6,652.90)	60,000.00	30.58%	
Landscaping Maintenance & Material		123,966.35		155,925.00		(31,958.65)	374,220.00	33.13%	
Landscape Improvements		-		27,083.33		(27,083.33)	65,000.00	0.00%	
Tree Trimming		13,325.00		8,333.33		4,991.67	20,000.00	66.63%	
Contingency		55.00		12,500.00		(12,445.00)	30,000.00	0.18%	
Pest Control		-		1,258.33		(1,258.33)	3,020.00	0.00%	
Shuttle Financing									
Insurance		-		2,083.33		(2,083.33)	5,000.00	0.00%	
Maintenance		14,400.00		90,000.00		(75,600.00)	216,000.00	6.67%	
Vehicle Cost (Loan Payment)		57,600.00		60,966.54		(3,366.54)	146,319.70	39.37%	
BEEP Operating Costs		9,424.50		149,166.67		(139,742.17)	358,000.00	2.63%	
Interchange Maintenance Expenses									
IME - Aquatics Maintenance		1,356.90		1,435.42		(78.52)	3,445.00	39.39%	
IME - Irrigation Repair		859.14		1,354.17		(495.03)	3,250.00	26.44%	
IME - Landscaping		37,294.55		37,294.56		(0.01)	89,506.95	41.67%	
IME - Landscape Improvements		-		5,416.67		(5,416.67)	13,000.00	0.00%	
IME - Lighting		307.50		541.67		(234.17)	1,300.00	23.65%	
IME - Miscellaneous		572.00		2,708.33		(2,136.33)	6,500.00	8.80%	
IME - Water Reclaimed		241.07		677.08		(436.01)	1,625.00	14.84%	
Road & Street Facilities									
Entry and Wall Maintenance		1,760.00		8,333.33		(6,573.33)	20,000.00	8.80%	
Streetlights		26,102.18		40,662.85		(14,560.67)	97,590.83	26.75%	
Parks & Recreation									
Personnel Leasing Agreement		15,000.05		15,000.00		0.05	36,000.00	41.67%	
Reserves									
Infrastructure Capital Reserve		-		8,402.78		(8,402.78)	20,166.67	0.00%	
Interchange Maintenance Reserve		-		983.33		(983.33)	2,360.00	0.00%	
Total Field Operations Expenses	$	338,277.86	$	673,960.05	$	(335,682.19)	$ 1,617,504.15	20.91%	

Total Expenses	
$	
381,180.84	
$	
733,245.48	
$	
(352,064.64)	
$ 1,759,789.15	
21.66%	

Income (Loss) from Operations	
$	
112,823.92	
$	
(41.67)	
$	
112,865.59	
$	(100.00)		
Other Income (Expense)									
Interest Income	$	495.52	$	41.67	$	453.85	$	100.00	495.52%	
Total Other Income (Expense)	$	495.52	$	41.67	$	453.85	$	100.00	495.52%	
Net Income (Loss)	$	113,319.44	$	-	$	113,319.44	$	-		

	Oct-22			Nov-22			Dec-22			Jan-23			Feb-23	YTD Actual	

$	
-		
$	
-	
$	-		
$	
-	
$  76,360.88	
$	76,360.88	
	-			-	310,155.71			-	-	310,155.71	
	-			19,917.50	19,327.25			20,779.25	-	60,024.00	
	9,492.83			9,492.84	9,492.83			9,492.84	9,492.83	47,464.17	
$	9,492.83		$	29,410.34	$ 338,975.79		$	30,272.09		$	85,853.71	$	494,004.76	

$	
-		
$	
-	
$	400.00		
$	
-		
$	
200.00	
$	
600.00	
	3,892.00			-			-			-			-		3,892.00	
	6,317.34			-			-			-			-		6,317.34	
	3,333.33			-			6,666.66			3,333.33			3,333.33		16,666.65	
	-			-			125.00			437.50			-		562.50	
	-			-			1,250.00			-			-		1,250.00	
	-			-			-			-			7.01		7.01	
	-			-			1,204.25			-			1,855.63		3,059.88	
	7,500.00			-			-			-			-		7,500.00	
	-			-			-			-			-		-	
	-			-			-			-			-		-	
	-			-			-			-			-		-	
	-			-			7.63			7.60			-		15.23	
	-			-			-			-			-		-	
	-			-			4.56			2.42			-		6.98	
	-			-			-			-			-		-	
	-			1,027.02			469.00			249.50			-		1,745.52	
	-			2.00			-			-			-		2.00	
	-			-			-			-			12.00		12.00	
	-			-			-			72.27			-		72.27	
	-			-			-			-			-		-	
	-			78.60			-			-			-		78.60	
	-			-			-			405.00			135.00		540.00	
	-			-			400.00			-			-		400.00	
	175.00			-			-			-			-		175.00	
$	21,217.67		$	1,107.62		$	10,527.10		$	4,507.62		$	5,542.97	$	42,902.98	

$	

-		

$	

474.39		

$	

492.55		

$	

674.82		

$	

591.99	

$	

2,233.75	
	-			-			-			-			-		-	
	-			1,715.25			1,464.83			1,689.13			1,820.56		6,689.77	
	4,415.00			-			-			-			-		4,415.00	
	4,328.00			-			-			-			-		4,328.00	
	-			-			-			-			-		-	
	-			1,670.00			9,214.60			3,825.00			3,637.50		18,347.10	
	24,793.27			24,793.27			24,793.27			24,793.27			24,793.27		123,966.35	
	-			-			-			-			-		-	
	-			-			4,750.00			3,500.00			5,075.00		13,325.00	
	-			-			55.00			-			-		55.00	
	-			-			-			-			-		-	
	-			-			-			-			-		-	
	-			3,600.00			3,600.00			3,600.00			3,600.00		14,400.00	
	-			14,400.00			14,400.00			14,400.00			14,400.00		57,600.00	
	-			1,917.50			1,327.25			2,779.25			3,400.50		9,424.50	
	271.38			271.38			271.38			271.38			271.38		1,356.90	

Boggy Creek Improvement District
Budget to Actual
For the Month Ending 02/28/2023

Revenues
On-Roll Assessments Off-Roll Assessments Developer Contributions Carryforward Revenue
Net Revenues
General & Administrative Expenses Legislative
Supervisor Fees
Financial & Administrative
Public Officials' Liability Insurance Trustee Services
Management Engineering Dissemination Agent Property Appraiser District Counsel
Assessment Administration Reamortization Schedules Audit
Arbitrage Calculation Travel and Per Diem Telephone
Postage & Shipping Copies
Legal Advertising Bank Fees Miscellaneous Meeting Room Office Supplies Property Taxes
Web Site Maintenance Holiday Decorations Dues, Licenses, and Fees
Total General & Administrative Expenses

Field Operations
Electric Utility Services
Electric
Entry Lighting
Water-Sewer Combination Services
Water Reclaimed
Other Physical Environment
General Insurance
Property & Casualty Insurance Other Insurance
Irrigation Repairs
Landscaping Maintenance & Material Landscape Improvements
Tree Trimming Contingency Pest Control
Shuttle Financing Insurance Maintenance Vehicle Cost
BEEP Operating Costs
Interchange Maintenance Expenses
IME - Aquatics Maintenance

Boggy Creek Improvement District
Budget to Actual
For the Month Ending 02/28/2023	

IME - Irrigation IME - Landscaping
IME - Landscape Improvements IME - Lighting
IME - Miscellaneous IME - Water Reclaimed
Road & Street Facilities
Entry and Wall Maintenance Streetlights
Parks & Recreation
Personnel Leasing Agreement
Reserves
Infrastructure Capital Reserve Interchange Maintenance Reserve
Total Field Operations Expenses

Total Expenses
Income (Loss) from Operations Other Income (Expense)
Interest Income
Total Other Income (Expense)

Net Income (Loss)	
Oct-22

- 7,458.91
-
-
-
-

-
- 3,000.01
-
-
$  44,266.57

 $  65,484.24 

$ (55,991.41)

$	15.48
$	15.48

$ (55,975.93)	
Nov-22	Dec-22

-	-
7,458.91	7,458.91
-	-
66.42	72.62
-	-
79.38	66.38

-	-
6,497.75	6,498.85

3,000.01	3,000.01

-	-
-	-
$	65,944.26	$  77,465.65

 $	67,051.88    $  87,992.75 

$  (37,641.54)	$ 250,983.04

$	14.96	$	426.65
$	14.96	$	426.65

$  (37,626.58)	$ 251,409.69	

$

 $	

$

$
$

$	
Jan-23

859.14
7,458.91
- 88.62
- 24.22

- 6,555.21

3,000.01

-
-
73,518.96

78,026.58 

(47,754.49)

19.02
19.02

(47,735.47)	

$

 $ 

$

$
$

$	
Feb-23

- 7,458.91
- 79.84
572.00
71.09

1,760.00
6,550.37

3,000.01

-
-
77,082.42

82,625.39 

3,228.32

19.41
19.41

3,247.73	

 
YTD Actual

859.14
37,294.55
- 307.50
572.00
241.07

1,760.00
26,102.18

15,000.05

-
-	
$  338,277.86

$  381,180.84	

$  112,823.92

$	495.52	
$	495.52	
$  113,319.44	

Boggy Creek Improvement District Cash Flow

FY 2022 Inflows	FY 2022 Outflows	FY 2023 Inflows	FY 2023 Outflows	End. Cash	

73,616.66	
(123,706.73)	
‐	
(1,718.62)	
533,169.41		
217,724.21	(233,425.91)	‐	‐	517,467.71		
22,096.50	(144,785.80)	‐	‐	394,778.41		
236,144.78	(275,134.60)	‐	(17,233.72)	338,554.87		
40,804.40	(42,444.36)	4.68	(11,843.33)	325,076.26		
24,151.18	(21,016.00)	36,015.85	(133,458.16)	230,769.13		
‐	‐	2,012,528.71	(1,759,707.27)	483,590.57		
‐	‐	20,878.32	(21,035.91)	483,432.98		
‐	‐	567,965.49	(163,080.67)	888,317.80		
‐	‐	1,009,595.08	(1,311,624.04)	586,288.84	as of 03/09/2023	

Beg. Cash

6/1/2022	584,978.10	
7/1/2022	533,169.41	
8/1/2022	517,467.71	
9/1/2022	394,778.41	
10/1/2022	338,554.87	
11/1/2022	325,076.26	
12/1/2022	230,769.13	
1/1/2023	483,590.57	
2/1/2023	483,432.98	
3/1/2023	888,317.80	

Totals		1,742,158.29	(1,655,639.93)	3,646,988.13	(3,419,701.72)

Boggy Creek Improvement District Construction Tracking - early March

Amount

Series 2018 Bond Issue
Original Construction Fund - Not To Exceed	$	25,000,000.00
Additions (Interest, Transfers from DSR, etc.)		168,313.33 Cumulative Draws Through Prior Month	(13,197,716.16)
==========
Construction Funds Available	$	11,970,597.17

Requisitions This Month
==========
Total Requisitions This Month	$	-
==========
Construction Funds Remaining	$	11,970,597.17

Committed Funding
Lake Nona Medical City Drive Phase 2 – Developer-owned as of 03/20	-
==========

Total Committed Funding	$	-
==========	
Net Uncommitted		11,970,597.17