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, September 16, 2025, at 6900 Tavistock Lakes Blvd., Ste 200, 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: pfmcdd.webex.com	Participant Code: 2531 126 0013#

BOARD OF SUPERVISORS’ MEETING AGENDA

Organizational Matters
Roll Call to Confirm a Quorum
Public Comment Period
Consideration of the Minutes of the August 19, 2025, Board of Supervisors’ Meeting
(provided under separate cover)

Business Matters
Consideration of Annual Arbitrage Rebate Calculations Proposal from LLS Tax Solutions, Inc. for the Series 2023 Bonds
Discussion and Consideration of Extending Annual Renewal for Interchange Landscape and Irrigation Maintenance Services Agreement with Cepra
Ratification of Operation and Maintenance Expenditures Paid in August 2025 in an amount totaling $104,358.14 (provided under separate cover)
Ratification of Requisition Nos. 491 – 493 Paid in July 2025 in an amount totaling
$10,724.83 (provided under separate cover)
Recommendation of Work Authorizations/Proposed Services (if applicable)
Review of District’s Financial Position and Budget to Actual YTD (provided under separate cover)

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

Adjournment

Minutes of the August 19, 2025, Board of Supervisors’ Meeting (provided under separate cover)

Annual Arbitrage Rebate Calculations Proposal from LLS Tax Solutions, Inc. for the Series 2023 Bonds

September 5, 2025

Boggy Creek Improvement District Series 2023 Bonds
On behalf of LLS Tax Solutions Inc. I would like the opportunity to extend to you our services from our innovative Arbitrage Rebate Services Firm. We are delighted at this opportunity to present our scope of services.

Our scope of services that relate to the Arbitrage Calculation annual fee of $500.00 include:
Assess whether the issue is subject to arbitrage rebate requirements (including an analysis to ascertain whether any “spending exceptions” or “small issuance exceptions” apply).
Calculate the bond yield, as required under existing regulations (except where previously computed and provided to us).
Calculate earnings from investment of bond proceeds (including a calculation of investment yield) to assess if any rebate to the federal government is required.
Calculate the more complicated refunding bond issues with transferred proceeds or commingled funds.
Analyze the data contained in source documents, helping to evaluate whether bond proceeds are included in the calculations.
Advise you of situations we become aware while completing the arbitrage calculation that bond counsel consultation is recommended.
Work closely with bond counsel to resolve any questions that may arise.
Prepare a detailed report on arbitrage rebate that includes cumulative results since the issue date.
Prepare the necessary Form 8038T and reports to accompany any required payment to the U.S. Treasury.
If a Yield Reduction Payment Calculation is deemed needed an additional fee of $200.00 will be added when this calculation is required to be done. Our scope of services that relate include:

Assess whether the issue has specific type funds outside a stated temporary period subject to yield restriction requirements (including analysis to ascertain whether any exceptions or minor portions apply).
Calculate the materially higher bond yield as required under regulations (including a calculation of investment yield) to assess if any yield reduction payment due to the federal government is required.
Prepare a detailed yield reduction calculation that includes cumulative results since end of the unrestricted temporary period.
Prepare the necessary Form 8038T and reports to accompany any required payment to the U.S. Treasury.

We serve you by being attentive to your needs, drawing on our resources to address your challenges, and employing our industry experience to seek the right solutions.
Please let me know if you have any questions. You can contact me by telephone at (850) 754-0311, or by email at liscott@llstax.com. I look forward to the opportunity to provide you with excellent arbitrage services.

Kind Regards,
Linda L. Scott
Linda L. Scott, CPA

Extending Annual Renewal for Interchange Landscape and Irrigation Maintenance Services Agreement with Cepra

Operation and Maintenance Expenditures Paid in August 2025 in an amount totaling $104,358.14 (provided under separate cover)

Requisition Nos. 491 – 493 Paid in August 2025 in an amount totaling $10,724.83
(provided under separate cover)

Work Authorizations/Proposed Services (if applicable)

District’s Financial Position and Budget to Actual YTD
(provided under separate cover)