MINUTES OF MEETING HAMMOCK RESERVE
COMMUNITY DEVELOPMENT DISTRICT

The regular meeting of the Board of Supervisors of the Hammock Reserve Community Development District was held Wednesday, May 5, 2021 at 10:45 AM at the Holiday Inn-Winter Haven, 200 Cypress Gardens Blvd., Winter Haven, FL 33880

Present and constituting a quorum:

Lauren Schwenk Patrick Marone Matthew Cassidy Andrew Rhinehart
Also present were: Jill Burns
Dennis Wood
Roy Van Wyk

FIRST ORDER OF BUSINESS

Vice Chairperson Assistant Secretary Assistant Secretary Assistant Secretary

District Manager, GMS District Engineer District Counsel

Roll Call

Ms. Burns called the meeting to order and called the roll. There were four members present constituting a quorum.

SECOND  ORDER OF BUSINESS	Public Comment Period
Ms. Burns stated that there were no members of the public present.

THIRD ORDER OF BUSINESS	Approval of Minutes of the April 6, 2021
Board of Supervisors Meeting
Ms. Burns presented the April 6, 2021, Board of Supervisors meeting minutes and asked for any comments, changes, or corrections. The Board had no changes to the minutes.

On MOTION by Ms. Schwenk, seconded by Mr. Cassidy, with all in favor, the Minutes of the April 6, 2021, Board of Supervisors Meeting, were approved.

FOURTH ORDER OF BUSINESS	Presentation of Supplemental Engineer's
Report for Phase 2
Ms. Burns stated there were no changes on· the Engineer's Report since the Board saw it last time. Mr. Van Wyk reported that the costs were reasonable and the improvements were necessary for the improvement of the property within the District.

On MOTION by Ms. Schwenk, seconded by Mr. Rhinehart, with all in favor, the Supplemental Engineer's Report for Phase 2, was approved.

FIFIB ORDER OF BUSINESS	Presentation of Supplemental Assessment
Methodology for Phase 2 (AA2 Bonds)
Ms. Bums noted this has been updated to reflect the final pricing that was circulated against the 206 units. All have the same ERU and the total amount of bonds issued will be $5,075,153 . The total par debt per unit is $24,223. The net annual debt assessment will be $1,350, and the gross annual is $1,450. Ms. Burns asked the Board for any questions.
Mr. Van Wyk confirmed with Ms. Bums this was consistent with the previously adopted
Master Assessment Methodology and below the notice par amount for lien amounts. Ms. Bums added that because of the single family ERUs, all the assessments are fairly and reasonable apportioned to the rest of the property types.

On MOTION by Ms. Schwenk, seconded by Mr. Marone, with all in favor, the Supplemental Assessment Methodology for Phase 2 (AA2 Bonds), was approved.

SIXTH ORDER OF BUSINESS	Consideration	of	Resolution	2021-09
Supplemental	Assessment	Resolution (Series 2021 AA2)

On MOTION by Ms. Schwenk, seconded by Mr. Rhinehart, with all in favor, Resolution 2021-09 Supplemental Assessment Resolution (Series 2021 AA2), was approved.

Ms. Bums noted this was included in the package and sets forth the terms for the sale of  the Assessment Area 2 bonds and confirms the liens of the levy of the special assessment securing the Assessment Area 2 bonds. The Board had no questions.

a. Consideration of Notice of a Lien of Special Assessments for Series 2021 Assessment Area2Bonds
Ms. Bums asked for a motion to authorize counsel to record this.

On MOTION by Mr. Rhinehart, seconded by Mr. Cassidy, with all  in favor, Authorization for Counsel to Record a Notice of a Lien of Special Assessments for Series 2021 Assessment Area 2 Bonds, was approved.

SEVENm  ORDER OF BUSINESS	Playground Lease
Ms. Bums noted the equipment lease purchase agreement with WHFS, LLC for the playground lease. The total price is $64,070. The payment schedule wilJ need to be updated.

On MOTION by Ms. Schwenk, seconded by Mr. Marone, with all in favor, to Approve the Lease Agreement with WHFC in Substantial Form and Authorize Chair to Sign, was approved.

EIGHTH ORDER OF BUSINESS
Attorney
Mr. Van Wyk had nothing further to report.

Staff Reports

Engineer
There being none, the next item followed.

District Manager's Report
Approval of Check Register
Ms. Burns presented the check register through April 281h, with a total amount of
$95,513.85.

On MOTION by Ms. Schwenk, seconded by Mr. Rhinehart, with all in favor, the Check Register for $95,513.85, was approved.

Balance Sheet & Income Statement
Ms. Burns stated that the financials were included in the packet for review and there is no action necessary unless there were any questions. The Board had no questions on the financials.

111.	Ratification of Summary of Series 2020 (AAl) Requisitions #43 to $48
Ms. Burns noted these have been approved they just need to be ratified by the Board.

On MOTION by Ms. Schwenk, seconded by Mr. Cassidy, with all in favor, the Series 2020 (AAI) Requisitions #43 to #48, were ratified.

iv.	Presentation of Number ofVoters-0
Ms. Burns noted there were no registered voters as of April 15th

NINTH ORDER OF BUSINESS	Adjournment

On MOTION by Mr. Rhinehart, seconded by Mr. Cassidy,  with  an in favor, the meeting was adjourned.

Ms. Burns adjourned the meeting.